Announcement • Jun 05
Liuzhou Chemical Industry Co., Ltd., Annual General Meeting, Jun 26, 2026 Liuzhou Chemical Industry Co., Ltd., Annual General Meeting, Jun 26, 2026, at 14:30 China Standard Time. New Risk • May 07
New major risk - Revenue and earnings growth Earnings have declined by 8.9% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 8.9% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (8.3% average weekly change). New Risk • Apr 16
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 8.1% 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: Minor Risks Share price has been volatile over the past 3 months (8.1% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (4.1% net profit margin). Announcement • Mar 30
Liuzhou Chemical Industry Co., Ltd. to Report Q1, 2026 Results on Apr 30, 2026 Liuzhou Chemical Industry Co., Ltd. announced that they will report Q1, 2026 results on Apr 30, 2026 Announcement • Dec 26
Liuzhou Chemical Industry Co., Ltd. to Report Fiscal Year 2025 Results on Mar 28, 2026 Liuzhou Chemical Industry Co., Ltd. announced that they will report fiscal year 2025 results on Mar 28, 2026 Reported Earnings • Oct 29
Third quarter 2025 earnings released: EPS: CN¥0.006 (vs CN¥0.019 in 3Q 2024) Third quarter 2025 results: EPS: CN¥0.006 (down from CN¥0.019 in 3Q 2024). Revenue: CN¥38.7m (down 26% from 3Q 2024). Net income: CN¥3.56m (down 77% from 3Q 2024). Profit margin: 9.2% (down from 30% in 3Q 2024). Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth. Announcement • Sep 30
Liuzhou Chemical Industry Co., Ltd. to Report Q3, 2025 Results on Oct 29, 2025 Liuzhou Chemical Industry Co., Ltd. announced that they will report Q3, 2025 results on Oct 29, 2025 Reported Earnings • Aug 24
Second quarter 2025 earnings released: EPS: CN¥0.001 (vs CN¥0.018 in 2Q 2024) Second quarter 2025 results: EPS: CN¥0.001 (down from CN¥0.018 in 2Q 2024). Revenue: CN¥28.8m (down 30% from 2Q 2024). Net income: CN¥1.26m (down 90% from 2Q 2024). Profit margin: 4.4% (down from 32% in 2Q 2024). Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Announcement • Jun 30
Liuzhou Chemical Industry Co., Ltd. to Report First Half, 2025 Results on Aug 22, 2025 Liuzhou Chemical Industry Co., Ltd. announced that they will report first half, 2025 results on Aug 22, 2025 Reported Earnings • Apr 27
First quarter 2025 earnings released: EPS: CN¥0.003 (vs CN¥0.003 in 1Q 2024) First quarter 2025 results: EPS: CN¥0.003 (in line with 1Q 2024). Revenue: CN¥39.1m (up 21% from 1Q 2024). Net income: CN¥2.18m (down 14% from 1Q 2024). Profit margin: 5.6% (down from 7.8% in 1Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 47% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Announcement • Apr 26
Liuzhou Chemical Industry Co., Ltd., Annual General Meeting, May 16, 2025 Liuzhou Chemical Industry Co., Ltd., Annual General Meeting, May 16, 2025, at 14:30 China Standard Time. Location: The Company's Meeting Room, Liuzhou, Guangxi China New Risk • Apr 07
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Chinese stocks, typically moving 9.8% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (9.8% average weekly change). Minor Risk Profit margins are more than 30% lower than last year (18% net profit margin). Announcement • Mar 28
Liuzhou Chemical Industry Co., Ltd. to Report Q1, 2025 Results on Apr 26, 2025 Liuzhou Chemical Industry Co., Ltd. announced that they will report Q1, 2025 results on Apr 26, 2025 Reported Earnings • Mar 21
Full year 2024 earnings released: EPS: CN¥0.04 (vs CN¥0.09 in FY 2023) Full year 2024 results: EPS: CN¥0.04 (down from CN¥0.09 in FY 2023). Revenue: CN¥164.9m (up 16% from FY 2023). Net income: CN¥30.2m (down 59% from FY 2023). Profit margin: 18% (down from 52% in FY 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 51% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings. New Risk • Jan 21
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 9.2% 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 (79% accrual ratio). Minor Risk Share price has been volatile over the past 3 months (9.2% average weekly change). Valuation Update With 7 Day Price Move • Jan 14
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to CN¥3.39, the stock trades at a trailing P/E ratio of 29.1x. Average trailing P/E is 32x in the Chemicals industry in China. Total loss to shareholders of 20% over the past three years. Announcement • Dec 27
Liuzhou Chemical Industry Co., Ltd. to Report Fiscal Year 2024 Results on Mar 21, 2025 Liuzhou Chemical Industry Co., Ltd. announced that they will report fiscal year 2024 results on Mar 21, 2025 Reported Earnings • Oct 29
Third quarter 2024 earnings released: EPS: CN¥0.019 (vs CN¥0.01 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.019 (up from CN¥0.01 in 3Q 2023). Revenue: CN¥52.0m (up 42% from 3Q 2023). Net income: CN¥15.4m (up 73% from 3Q 2023). Profit margin: 30% (up from 24% in 3Q 2023). Over the last 3 years on average, earnings per share has increased by 52% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. Announcement • Sep 30
Liuzhou Chemical Industry Co., Ltd. to Report Q3, 2024 Results on Oct 29, 2024 Liuzhou Chemical Industry Co., Ltd. announced that they will report Q3, 2024 results on Oct 29, 2024 Valuation Update With 7 Day Price Move • Sep 30
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to CN¥2.74, the stock trades at a trailing P/E ratio of 25.2x. Average trailing P/E is 30x in the Chemicals industry in China. Total loss to shareholders of 28% over the past three years. Reported Earnings • Jul 31
Second quarter 2024 earnings released: EPS: CN¥0.018 (vs CN¥0 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.018 (up from CN¥0 in 2Q 2023). Revenue: CN¥45.0m (up 68% from 2Q 2023). Net income: CN¥13.1m (up CN¥12.9m from 2Q 2023). Profit margin: 29% (up from 0.8% in 2Q 2023). Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings. Announcement • Jun 28
Liuzhou Chemical Industry Co., Ltd. to Report First Half, 2024 Results on Jul 31, 2024 Liuzhou Chemical Industry Co., Ltd. announced that they will report first half, 2024 results on Jul 31, 2024 Valuation Update With 7 Day Price Move • Jun 06
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to CN¥2.34, the stock trades at a trailing P/E ratio of 25.3x. Average trailing P/E is 31x in the Chemicals industry in China. Total loss to shareholders of 41% over the past three years. Announcement • Jun 05
Liuzhou Chemical Industry Co., Ltd., Annual General Meeting, Jun 26, 2024 Liuzhou Chemical Industry Co., Ltd., Annual General Meeting, Jun 26, 2024, at 14:30 China Standard Time. Location: The Company's Meeting Room, Liuzhou, Guangxi China Valuation Update With 7 Day Price Move • Apr 16
Investor sentiment deteriorates as stock falls 21% After last week's 21% share price decline to CN¥2.66, the stock trades at a trailing P/E ratio of 29x. Average trailing P/E is 28x in the Chemicals industry in China. Total loss to shareholders of 3.6% over the past three years. Reported Earnings • Mar 31
Full year 2023 earnings released: EPS: CN¥0.09 (vs CN¥0.02 in FY 2022) Full year 2023 results: EPS: CN¥0.09 (up from CN¥0.02 in FY 2022). Revenue: CN¥141.9m (up 1.0% from FY 2022). Net income: CN¥73.3m (up 362% from FY 2022). Profit margin: 52% (up from 11% in FY 2022). The increase in margin was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 5% per year whereas the company’s share price has remained flat. Announcement • Mar 29
Liuzhou Chemical Industry Co., Ltd. to Report Q1, 2024 Results on Apr 27, 2024 Liuzhou Chemical Industry Co., Ltd. announced that they will report Q1, 2024 results on Apr 27, 2024 Announcement • Dec 30
Liuzhou Chemical Industry Co., Ltd. to Report Fiscal Year 2023 Results on Mar 13, 2024 Liuzhou Chemical Industry Co., Ltd. announced that they will report fiscal year 2023 results on Mar 13, 2024 New Risk • Nov 11
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 41% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. This is currently the only risk that has been identified for the company. Reported Earnings • Nov 01
Third quarter 2023 earnings released: EPS: CN¥0.01 (vs CN¥0.004 loss in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.01 (up from CN¥0.004 loss in 3Q 2022). Revenue: CN¥36.7m (down 6.7% from 3Q 2022). Net income: CN¥8.92m (up CN¥11.9m from 3Q 2022). Profit margin: 24% (up from net loss in 3Q 2022). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 142% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth. Announcement • Sep 30
Liuzhou Chemical Industry Co., Ltd. to Report Q3, 2023 Results on Oct 28, 2023 Liuzhou Chemical Industry Co., Ltd. announced that they will report Q3, 2023 results on Oct 28, 2023 Reported Earnings • Jul 28
Second quarter 2023 earnings released: EPS: CN¥0 (vs CN¥0.009 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0 (down from CN¥0.009 in 2Q 2022). Revenue: CN¥26.8m (down 19% from 2Q 2022). Net income: CN¥212.3k (down 97% from 2Q 2022). Profit margin: 0.8% (down from 22% in 2Q 2022). Over the last 3 years on average, earnings per share has increased by 149% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. Announcement • Jun 28
Liuzhou Chemical Industry Co., Ltd. to Report First Half, 2023 Results on Jul 28, 2023 Liuzhou Chemical Industry Co., Ltd. announced that they will report first half, 2023 results on Jul 28, 2023 Reported Earnings • Mar 16
Full year 2022 earnings released: EPS: CN¥0.02 (vs CN¥0.04 in FY 2021) Full year 2022 results: EPS: CN¥0.02 (down from CN¥0.04 in FY 2021). Revenue: CN¥140.5m (up 10% from FY 2021). Net income: CN¥15.9m (down 45% from FY 2021). Profit margin: 11% (down from 23% in FY 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 128% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth. Board Change • Nov 16
Less than half of directors are independent There are 5 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Luqiu Wu was the last independent 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: Minority of independent directors. Lack of board continuity. Reported Earnings • Oct 30
Third quarter 2022 earnings released: CN¥0.004 loss per share (vs CN¥0.004 profit in 3Q 2021) Third quarter 2022 results: CN¥0.004 loss per share (down from CN¥0.004 profit in 3Q 2021). Revenue: CN¥39.4m (up 29% from 3Q 2021). Net loss: CN¥2.96m (down 174% from profit in 3Q 2021). Over the last 3 years on average, earnings per share has increased by 102% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Reported Earnings • Jul 30
Second quarter 2022 earnings released: EPS: CN¥0.009 (vs CN¥0.012 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.009 (down from CN¥0.012 in 2Q 2021). Revenue: CN¥33.0m (up 6.6% from 2Q 2021). Net income: CN¥7.29m (down 24% from 2Q 2021). Profit margin: 22% (down from 31% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 67% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth. Reported Earnings • May 02
First quarter 2022 earnings released: EPS: CN¥0.004 (vs CN¥0.015 in 1Q 2021) First quarter 2022 results: EPS: CN¥0.004 (down from CN¥0.015 in 1Q 2021). Revenue: CN¥33.2m (up 15% from 1Q 2021). Net income: CN¥3.33m (down 72% from 1Q 2021). Profit margin: 10.0% (down from 41% in 1Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Board Change • Apr 27
Less than half of directors are independent There are 5 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Luqiu Wu was the last independent 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: Minority of independent directors. Lack of board continuity. Reported Earnings • Feb 27
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: EPS: CN¥0.04 (up from CN¥0.02 in FY 2020). Revenue: CN¥127.3m (up 19% from FY 2020). Net income: CN¥28.8m (up 127% from FY 2020). Profit margin: 23% (up from 12% in FY 2020). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Nov 19
Investor sentiment improved over the past week After last week's 16% share price gain to CN¥3.92, the stock trades at a trailing P/E ratio of 79x. Average trailing P/E is 33x in the Chemicals industry in China. Total returns to shareholders of 41% over the past year. Reported Earnings • Oct 23
Third quarter 2021 earnings released: EPS CN¥0.004 (vs CN¥0.005 in 3Q 2020) The company reported a solid third quarter result with improved earnings and revenues, although profit margins were weaker. Third quarter 2021 results: Revenue: CN¥30.5m (up 28% from 3Q 2020). Net income: CN¥4.00m (up 5.8% from 3Q 2020). Profit margin: 13% (down from 16% in 3Q 2020). The decrease in margin was driven by higher expenses. Valuation Update With 7 Day Price Move • Sep 27
Investor sentiment deteriorated over the past week After last week's 18% share price decline to CN¥3.79, the stock trades at a trailing P/E ratio of 76.8x. Average trailing P/E is 34x in the Chemicals industry in China. Total returns to shareholders of 25% over the past year. Valuation Update With 7 Day Price Move • Sep 09
Investor sentiment improved over the past week After last week's 15% share price gain to CN¥4.25, the stock trades at a trailing P/E ratio of 77.9x. Average trailing P/E is 34x in the Chemicals industry in China. Total returns to shareholders of 56% over the past year. Reported Earnings • Jul 30
Second quarter 2021 earnings released: EPS CN¥0.038 (vs CN¥0.007 loss in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CN¥30.9m (up 40% from 2Q 2020). Net income: CN¥9.59m (up CN¥15.1m from 2Q 2020). Profit margin: 31% (up from net loss in 2Q 2020). The move to profitability was primarily driven by higher revenue. Reported Earnings • Apr 17
Full year 2020 earnings released: EPS CN¥0.02 (vs CN¥2.34 loss in FY 2019) The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: CN¥107.1m (down 71% from FY 2019). Net income: CN¥12.7m (up CN¥1.88b from FY 2019). Profit margin: 12% (up from net loss in FY 2019). The move to profitability was driven by lower expenses. Is New 90 Day High Low • Mar 07
New 90-day high: CN¥2.76 The company is up 3.0% from its price of CN¥2.68 on 07 December 2020. The Chinese market is up 1.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Chemicals industry, which is up 10.0% over the same period. Is New 90 Day High Low • Jan 07
New 90-day low: CN¥2.41 The company is down 19% from its price of CN¥2.96 on 09 October 2020. The Chinese market is up 11% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 18% over the same period. Is New 90 Day High Low • Dec 03
New 90-day low: CN¥2.67 The company is down 4.0% from its price of CN¥2.78 on 04 September 2020. The Chinese market is down 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 4.0% over the same period. Reported Earnings • Oct 28
Third quarter earnings released Over the last 12 months the company has reported total losses of CN¥1.39b, with losses widening by CN¥1.36b from the prior year. Total revenue was CN¥159.6m over the last 12 months, down 80% from the prior year. Is New 90 Day High Low • Sep 23
New 90-day high: CN¥2.98 The company is up 6.0% from its price of CN¥2.80 on 24 June 2020. The Chinese market is up 11% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 20% over the same period. Announcement • Jul 06
Liuzhou Chemical Industry Co., Ltd. to Report First Half, 2020 Results on Aug 13, 2020 Liuzhou Chemical Industry Co., Ltd. announced that they will report first half, 2020 results on Aug 13, 2020