Declared Dividend • Jun 08
Dividend of CN¥0.20 announced Shareholders will receive a dividend of CN¥0.20. Ex-date: 11th June 2026 Payment date: 11th June 2026 Dividend yield will be 0.6%, which is lower than the industry average of 2.0%. Sustainability & Growth Dividend is covered by earnings (25% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has decreased over the past 26 years, indicating a lack of growth and stability in payments. Earnings per share has grown by 1.9% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Valuation Update With 7 Day Price Move • May 29
Investor sentiment deteriorates as stock falls 20% After last week's 20% share price decline to CN¥34.40, the stock trades at a trailing P/E ratio of 42.4x. Average trailing P/E is 56x in the Machinery industry in China. Total loss to shareholders of 16% over the past year. Reported Earnings • Apr 29
First quarter 2026 earnings released: EPS: CN¥0.21 (vs CN¥0.28 in 1Q 2025) First quarter 2026 results: EPS: CN¥0.21 (down from CN¥0.28 in 1Q 2025). Revenue: CN¥242.5m (up 24% from 1Q 2025). Net income: CN¥21.7m (down 25% from 1Q 2025). Profit margin: 8.9% (down from 15% in 1Q 2025). The decrease in margin was driven by higher expenses. Announcement • Apr 28
Zhejiang Fengmao Technology Co., Ltd., Annual General Meeting, May 26, 2026 Zhejiang Fengmao Technology Co., Ltd., Annual General Meeting, May 26, 2026, at 13:30 China Standard Time. Location: The Company's Meeting Room, Yuyao, Zhejiang China Announcement • Mar 31
Zhejiang Fengmao Technology Co., Ltd. to Report Q1, 2026 Results on Apr 28, 2026 Zhejiang Fengmao Technology Co., Ltd. announced that they will report Q1, 2026 results on Apr 28, 2026 Valuation Update With 7 Day Price Move • Jan 20
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to CN¥51.60, the stock trades at a trailing P/E ratio of 41.6x. Average trailing P/E is 55x in the Machinery industry in China. Total returns to shareholders of 56% over the past year. Announcement • Dec 31
Zhejiang Fengmao Technology Co., Ltd. to Report Fiscal Year 2025 Results on Apr 28, 2026 Zhejiang Fengmao Technology Co., Ltd. announced that they will report fiscal year 2025 results on Apr 28, 2026 Reported Earnings • Oct 25
Third quarter 2025 earnings released: EPS: CN¥0.24 (vs CN¥0.34 in 3Q 2024) Third quarter 2025 results: EPS: CN¥0.24 (down from CN¥0.34 in 3Q 2024). Revenue: CN¥241.9m (up 4.5% from 3Q 2024). Net income: CN¥24.5m (down 31% from 3Q 2024). Profit margin: 10% (down from 15% in 3Q 2024). The decrease in margin was driven by higher expenses. Announcement • Sep 30
Zhejiang Fengmao Technology Co., Ltd. to Report Q3, 2025 Results on Oct 25, 2025 Zhejiang Fengmao Technology Co., Ltd. announced that they will report Q3, 2025 results on Oct 25, 2025 Board Change • Aug 27
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 8 experienced directors. No highly experienced directors. Independent Director Yan Song was the last director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Valuation Update With 7 Day Price Move • Jul 25
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to CN¥52.48, the stock trades at a trailing P/E ratio of 35.5x. Average trailing P/E is 47x in the Machinery industry in China. Total returns to shareholders of 96% over the past year. Announcement • Jul 02
Zhejiang Fengmao Technology Co., Ltd. to Report First Half, 2025 Results on Aug 27, 2025 Zhejiang Fengmao Technology Co., Ltd. announced that they will report first half, 2025 results on Aug 27, 2025 Declared Dividend • May 24
Dividend increased to CN¥0.50 Dividend of CN¥0.50 is 25% higher than last year. Ex-date: 29th May 2025 Payment date: 29th May 2025 Dividend yield will be 0.8%, which is lower than the industry average of 2.0%. Sustainability & Growth Dividend is covered by earnings (26% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The company is yet to establish a track record of dividend growth or stability as it hasn't paid a regular dividend for at least 2 years. Earnings per share has grown by 16% over the last 3 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Valuation Update With 7 Day Price Move • May 19
Investor sentiment improves as stock rises 24% After last week's 24% share price gain to CN¥65.75, the stock trades at a trailing P/E ratio of 34.1x. Average trailing P/E is 41x in the Machinery industry in China. Total returns to shareholders of 53% over the past year. Announcement • Apr 23
Zhejiang Fengmao Technology Co., Ltd. Proposes Final Cash Dividend for the Year 2024 Zhejiang Fengmao Technology Co., Ltd. announced on 22 April 2025 the profit distribution proposal for 2024 as follows: Cash dividend/10 shares (tax included): CNY 5.00000000. Reported Earnings • Apr 22
Full year 2024 earnings released: EPS: CN¥2.02 (vs CN¥2.26 in FY 2023) Full year 2024 results: EPS: CN¥2.02. Revenue: CN¥948.6m (up 18% from FY 2023). Net income: CN¥161.7m (up 17% from FY 2023). Profit margin: 17% (in line with FY 2023). Announcement • Apr 22
Zhejiang Fengmao Technology Co., Ltd., Annual General Meeting, May 15, 2025 Zhejiang Fengmao Technology Co., Ltd., Annual General Meeting, May 15, 2025, at 13:30 China Standard Time. Location: 3F, No. CE10, Yuandong Industrial City, Yuyao, Zhejiang China Valuation Update With 7 Day Price Move • Apr 07
Investor sentiment deteriorates as stock falls 20% After last week's 20% share price decline to CN¥44.24, the stock trades at a trailing P/E ratio of 25.3x. Average trailing P/E is 40x in the Machinery industry in China. Total returns to shareholders of 6.4% over the past year. Announcement • Mar 31
Zhejiang Fengmao Technology Co., Ltd. to Report Q1, 2025 Results on Apr 22, 2025 Zhejiang Fengmao Technology Co., Ltd. announced that they will report Q1, 2025 results on Apr 22, 2025 New Risk • Feb 17
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 9.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (25% accrual ratio). Minor Risk Share price has been volatile over the past 3 months (9.9% average weekly change). Valuation Update With 7 Day Price Move • Feb 14
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥51.06, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 20x in the Machinery industry in China. Total returns to shareholders of 58% over the past year. Valuation Update With 7 Day Price Move • Jan 20
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥44.15, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 18x in the Machinery industry in China. Total returns to shareholders of 17% over the past year. Announcement • Dec 31
Zhejiang Fengmao Technology Co., Ltd. to Report Fiscal Year 2024 Results on Apr 22, 2025 Zhejiang Fengmao Technology Co., Ltd. announced that they will report fiscal year 2024 results on Apr 22, 2025 Reported Earnings • Oct 29
Third quarter 2024 earnings released: EPS: CN¥0.44 (vs CN¥0.47 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.44. Revenue: CN¥231.6m (up 14% from 3Q 2023). Net income: CN¥35.5m (up 22% from 3Q 2023). Profit margin: 15% (up from 14% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 28% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Machinery industry in China. Valuation Update With 7 Day Price Move • Oct 15
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to CN¥38.39, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 16x in the Machinery industry in China. Announcement • Sep 30
Zhejiang Fengmao Technology Co., Ltd. to Report Q3, 2024 Results on Oct 29, 2024 Zhejiang Fengmao Technology Co., Ltd. announced that they will report Q3, 2024 results on Oct 29, 2024 Valuation Update With 7 Day Price Move • Sep 27
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to CN¥36.27, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 15x in the Machinery industry in China. Reported Earnings • Aug 29
Second quarter 2024 earnings released: EPS: CN¥0.58 (vs CN¥0.80 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.58 (down from CN¥0.80 in 2Q 2023). Revenue: CN¥243.1m (up 11% from 2Q 2023). Net income: CN¥45.7m (down 3.8% from 2Q 2023). Profit margin: 19% (down from 22% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 26% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Machinery industry in China. Announcement • Jun 29
Zhejiang Fengmao Technology Co., Ltd. to Report First Half, 2024 Results on Aug 29, 2024 Zhejiang Fengmao Technology Co., Ltd. announced that they will report first half, 2024 results on Aug 29, 2024 Announcement • May 25
Zhejiang Fengmao Technology Co., Ltd. Implements 2023 Final Profit Distribution Plan of A Shares, Payable on 30 May 2024 Zhejiang Fengmao Technology Co., Ltd. announced 2023 final profit distribution plan to be implemented (A shares) as Cash dividend/10 shares (tax included): CNY 4.00000000. Record date: 29 May 2024, Ex-date: 30 May 2024, Payment date: 30 May 2024. Reported Earnings • Apr 22
First quarter 2024 earnings released: EPS: CN¥0.45 (vs CN¥0.67 in 1Q 2023) First quarter 2024 results: EPS: CN¥0.45 (down from CN¥0.67 in 1Q 2023). Revenue: CN¥195.6m (down 1.3% from 1Q 2023). Net income: CN¥36.4m (down 9.3% from 1Q 2023). Profit margin: 19% (down from 20% in 1Q 2023). Valuation Update With 7 Day Price Move • Apr 16
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to CN¥34.36, the stock trades at a trailing P/E ratio of 20.1x. Average trailing P/E is 30x in the Machinery industry in China. Announcement • Mar 30
Zhejiang Fengmao Technology Co., Ltd. to Report Q1, 2024 Results on Apr 22, 2024 Zhejiang Fengmao Technology Co., Ltd. announced that they will report Q1, 2024 results on Apr 22, 2024 Valuation Update With 7 Day Price Move • Mar 21
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to CN¥46.99, the stock trades at a trailing P/E ratio of 27.4x. Average trailing P/E is 32x in the Machinery industry in China. Announcement • Feb 28
Zhejiang Fengmao Technology Co., Ltd. Announces Board Appointments Zhejiang Fengmao Technology Co., Ltd. held its first Extraordinary General Meeting of 2024 on 23 February 2024, approved the Election of non-independent directors: Jiang Chunlei, non-independent director; Wang Jing, non-independent director; Wang Juncheng, non-independent director; Dong Yongxiu, non-independent director. Election of independent directors: Chen Wenjun, independent director; Tang Fengshou, independent director; Song Yan, independent director. Election of non-employee supervisors: Wang Liping, non-employee supervisor; Huang Kejun, non-employee supervisor. Buy Or Sell Opportunity • Feb 27
Now 21% overvalued The stock has been flat over the last 90 days, currently trading at CN¥39.80. The fair value is estimated to be CN¥32.99, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 32% over the last year. Earnings per share has grown by 73%. Valuation Update With 7 Day Price Move • Feb 23
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to CN¥38.99, the stock trades at a trailing P/E ratio of 22.8x. Average trailing P/E is 27x in the Machinery industry in China. Valuation Update With 7 Day Price Move • Feb 05
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to CN¥32.88, the stock trades at a trailing P/E ratio of 19.2x. Average trailing P/E is 25x in the Machinery industry in China. 