Valuation Update With 7 Day Price Move • Jun 11
Investor sentiment improves as stock rises 22% After last week's 22% share price gain to CN¥5.40, the stock trades at a forward P/E ratio of 33x. Average forward P/E is 25x in the Machinery industry in China. Total returns to shareholders of 87% over the past three years. New Risk • Jun 09
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 8.8% 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 Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (8.8% average weekly change). Valuation Update With 7 Day Price Move • May 27
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to CN¥4.51, the stock trades at a forward P/E ratio of 28x. Average forward P/E is 29x in the Machinery industry in China. Total returns to shareholders of 53% over the past three years. New Risk • May 07
New minor risk - Dividend sustainability The company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 1.0% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. This is currently the only risk that has been identified for the company. Reported Earnings • Apr 21
Full year 2025 earnings: EPS and revenues miss analyst expectations Full year 2025 results: EPS: CN¥0.12 (up from CN¥0.11 in FY 2024). Revenue: CN¥5.28b (up 4.4% from FY 2024). Net income: CN¥236.3m (up 8.3% from FY 2024). Profit margin: 4.5% (up from 4.3% in FY 2024). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 5.3%. Earnings per share (EPS) also missed analyst estimates by 18%. Revenue is forecast to grow 12% p.a. on average during the next 2 years, compared to a 19% growth forecast for the Machinery industry in China. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has increased by 23% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Apr 21
Nanfang Pump Industry Co., Ltd., Annual General Meeting, May 13, 2026 Nanfang Pump Industry Co., Ltd., Annual General Meeting, May 13, 2026, at 13:30 China Standard Time. Location: 3F, Executive Building, No. 46, Renhe Avenue, Renhe Subdistrict, Yuhang District, Hangzhou, Zhejiang China Valuation Update With 7 Day Price Move • Apr 10
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to CN¥4.93, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 28x in the Machinery industry in China. Total returns to shareholders of 78% over the past three years. Announcement • Mar 31
Nanfang Pump Industry Co., Ltd. to Report Q1, 2026 Results on Apr 27, 2026 Nanfang Pump Industry Co., Ltd. announced that they will report Q1, 2026 results on Apr 27, 2026 Valuation Update With 7 Day Price Move • Mar 11
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to CN¥5.45, the stock trades at a forward P/E ratio of 30x. Average forward P/E is 29x in the Machinery industry in China. Total returns to shareholders of 98% over the past three years. Announcement • Dec 31
Nanfang Pump Industry Co., Ltd. to Report Fiscal Year 2025 Results on Apr 21, 2026 Nanfang Pump Industry Co., Ltd. announced that they will report fiscal year 2025 results on Apr 21, 2026 New Risk • Oct 28
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 24% 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. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (7.7% average weekly change). Large one-off items impacting financial results. Reported Earnings • Oct 28
Third quarter 2025 earnings released: EPS: CN¥0.06 (vs CN¥0.043 in 3Q 2024) Third quarter 2025 results: EPS: CN¥0.06 (up from CN¥0.043 in 3Q 2024). Revenue: CN¥1.36b (down 1.7% from 3Q 2024). Net income: CN¥115.3m (up 31% from 3Q 2024). Profit margin: 8.5% (up from 6.4% in 3Q 2024). Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Machinery industry in China. Over the last 3 years on average, earnings per share has increased by 68% per year but the company’s share price has only increased by 22% per year, which means it is significantly lagging earnings growth. Announcement • Sep 30
Nanfang Pump Industry Co., Ltd. to Report Q3, 2025 Results on Oct 28, 2025 Nanfang Pump Industry Co., Ltd. announced that they will report Q3, 2025 results on Oct 28, 2025 New Risk • Sep 01
New minor risk - Financial position The company has a high level of debt. Net debt to equity ratio: 46% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Minor Risks High level of debt (46% net debt to equity). Share price has been volatile over the past 3 months (6.8% average weekly change). Reported Earnings • Aug 31
Second quarter 2025 earnings released: EPS: CN¥0.053 (vs CN¥0.04 in 2Q 2024) Second quarter 2025 results: EPS: CN¥0.053 (up from CN¥0.04 in 2Q 2024). Revenue: CN¥1.22b (up 3.9% from 2Q 2024). Net income: CN¥102.1m (up 37% from 2Q 2024). Profit margin: 8.4% (up from 6.4% in 2Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Machinery industry in China. Over the last 3 years on average, earnings per share has increased by 94% per year but the company’s share price has only increased by 23% per year, which means it is significantly lagging earnings growth. New Risk • Aug 20
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 6.6% 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 High level of debt (55% net debt to equity). Share price has been volatile over the past 3 months (6.6% average weekly change). Buy Or Sell Opportunity • Aug 13
Now 30% overvalued after recent price rise Over the last 90 days, the stock has risen 51% to CN¥5.29. The fair value is estimated to be CN¥4.08, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 24% in 2 years. Earnings are forecast to grow by 98% in the next 2 years. Valuation Update With 7 Day Price Move • Aug 08
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to CN¥4.45, the stock trades at a forward P/E ratio of 28x. Average forward P/E is 26x in the Machinery industry in China. Total returns to shareholders of 56% over the past three years. Announcement • Jul 02
Nanfang Pump Industry Co., Ltd. to Report First Half, 2025 Results on Aug 26, 2025 Nanfang Pump Industry Co., Ltd. announced that they will report first half, 2025 results on Aug 26, 2025 New Risk • May 17
New minor risk - Financial position The company has a high level of debt. Net debt to equity ratio: 55% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. This is currently the only risk that has been identified for the company. Major Estimate Revision • May 06
Consensus EPS estimates fall by 25% The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from CN¥5.98b to CN¥5.57b. EPS estimate also fell from CN¥0.20 per share to CN¥0.15 per share. Net income forecast to grow 33% next year vs 35% growth forecast for Machinery industry in China. Consensus price target down from CN¥4.46 to CN¥3.81. Share price rose 4.1% to CN¥3.58 over the past week. Reported Earnings • Apr 29
Full year 2024 earnings: EPS and revenues miss analyst expectations Full year 2024 results: EPS: CN¥0.11 (up from CN¥0.10 in FY 2023). Revenue: CN¥5.05b (down 7.0% from FY 2023). Net income: CN¥218.3m (up 8.8% from FY 2023). Profit margin: 4.3% (up from 3.7% in FY 2023). Revenue missed analyst estimates by 5.0%. Earnings per share (EPS) also missed analyst estimates by 19%. Revenue is forecast to grow 14% p.a. on average during the next 2 years, compared to a 15% growth forecast for the Machinery industry in China. Over the last 3 years on average, earnings per share has increased by 109% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth. Announcement • Apr 29
Nanfang Zhongjin Environment Co., Ltd., Annual General Meeting, May 20, 2025 Nanfang Zhongjin Environment Co., Ltd., Annual General Meeting, May 20, 2025, at 13:30 China Standard Time. 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¥3.13, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 21x in the Machinery industry in China. Total returns to shareholders of 12% over the past three years. Announcement • Mar 31
Nanfang Zhongjin Environment Co., Ltd. to Report Q1, 2025 Results on Apr 29, 2025 Nanfang Zhongjin Environment Co., Ltd. announced that they will report Q1, 2025 results on Apr 29, 2025 Valuation Update With 7 Day Price Move • Feb 25
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to CN¥4.49, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 21x in the Machinery industry in China. Total returns to shareholders of 52% over the past three years. Announcement • Jan 21
Nanfang Zhongjin Environment Co., Ltd. Announces Board Changes Nanfang Zhongjin Environment Co., Ltd. at its EGM held on 17 January 2025 appointed Ma Haihua as non-independent director; Li Qian as independent director. Valuation Update With 7 Day Price Move • Jan 03
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to CN¥3.21, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 18x in the Machinery industry in China. Total loss to shareholders of 6.7% over the past three years. Announcement • Dec 31
Nanfang Zhongjin Environment Co., Ltd. to Report Fiscal Year 2024 Results on Apr 29, 2025 Nanfang Zhongjin Environment Co., Ltd. announced that they will report fiscal year 2024 results on Apr 29, 2025 Major Estimate Revision • Dec 28
Consensus EPS estimates fall by 12% The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from CN¥5.54b to CN¥5.32b. EPS estimate also fell from CN¥0.16 per share to CN¥0.14 per share. Net income forecast to grow 48% next year vs 43% growth forecast for Machinery industry in China. Consensus price target up from CN¥3.80 to CN¥4.46. Share price rose 5.9% to CN¥3.94 over the past week. New Risk • Dec 23
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 11% 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 High level of debt (63% net debt to equity). Share price has been volatile over the past 3 months (11% average weekly change). Large one-off items impacting financial results. New Risk • Nov 18
New minor risk - Financial position The company has a high level of debt. Net debt to equity ratio: 63% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Minor Risks High level of debt (63% net debt to equity). Large one-off items impacting financial results. Valuation Update With 7 Day Price Move • Nov 08
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥3.70, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 17x in the Machinery industry in China. Total returns to shareholders of 19% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥7.38 per share. New Risk • Nov 04
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 29% 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 • Oct 30
Third quarter 2024 earnings: EPS and revenues miss analyst expectations Third quarter 2024 results: EPS: CN¥0.043 (down from CN¥0.048 in 3Q 2023). Revenue: CN¥1.38b (down 1.0% from 3Q 2023). Net income: CN¥87.8m (down 17% from 3Q 2023). Profit margin: 6.4% (down from 7.6% in 3Q 2023). Revenue missed analyst estimates by 22%. Earnings per share (EPS) also missed analyst estimates by 43%. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Machinery industry in China. Over the last 3 years on average, earnings per share has increased by 117% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Oct 15
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to CN¥2.87, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 16x in the Machinery industry in China. Total loss to shareholders of 8.0% over the past three years. Announcement • Sep 30
Nanfang Zhongjin Environment Co., Ltd. to Report Q3, 2024 Results on Oct 30, 2024 Nanfang Zhongjin Environment Co., Ltd. announced that they will report Q3, 2024 results on Oct 30, 2024 Valuation Update With 7 Day Price Move • Sep 30
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to CN¥2.57, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 15x in the Machinery industry in China. Total loss to shareholders of 20% over the past three years. New Risk • Sep 17
New minor risk - Financial position The company has a high level of debt. Net debt to equity ratio: 65% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. This is currently the only risk that has been identified for the company. Reported Earnings • Aug 27
Second quarter 2024 earnings: EPS and revenues miss analyst expectations Second quarter 2024 results: EPS: CN¥0.04. Revenue: CN¥1.17b (down 14% from 2Q 2023). Net income: CN¥74.8m (up 5.7% from 2Q 2023). Profit margin: 6.4% (up from 5.2% in 2Q 2023). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 18%. Earnings per share (EPS) also missed analyst estimates by 33%. Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Machinery industry in China. Announcement • Jun 29
Nanfang Zhongjin Environment Co., Ltd. to Report First Half, 2024 Results on Aug 27, 2024 Nanfang Zhongjin Environment Co., Ltd. announced that they will report first half, 2024 results on Aug 27, 2024 New Risk • May 16
New minor risk - Financial position The company has a high level of debt. Net debt to equity ratio: 79% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. This is currently the only risk that has been identified for the company. Announcement • Apr 28
Nanfang Zhongjin Environment Co., Ltd., Annual General Meeting, May 17, 2024 Nanfang Zhongjin Environment Co., Ltd., Annual General Meeting, May 17, 2024, at 14:00 China Standard Time. Location: The Company's Meeting Room, Hangzhou, Zhejiang China Agenda: To consider the 2023 work report of the board of directors; to consider the 2023 work report of the supervisory committee; to consider the 2023 annual report and its summary; to consider the 2023 profit distribution plan; to consider the 2023 financial report; to consider the provision for assets impairment and write-off of bad debts; to consider the 2023 remuneration for directors; to consider the 2023 remuneration for supervisors; to consider the amendments to the allowance system for independent directors; to consider the 2024 estimated quota of continuing connected transactions; and to consider other matters. Reported Earnings • Apr 26
First quarter 2024 earnings: EPS exceeds analyst expectations while revenues lag behind First quarter 2024 results: EPS: CN¥0.05 (up from CN¥0.02 in 1Q 2023). Revenue: CN¥1.03b (up 5.6% from 1Q 2023). Net income: CN¥89.3m (up 124% from 1Q 2023). Profit margin: 8.6% (up from 4.1% in 1Q 2023). Revenue missed analyst estimates by 10%. Earnings per share (EPS) exceeded analyst estimates by 67%. Revenue is forecast to grow 14% p.a. on average during the next 2 years, compared to a 17% growth forecast for the Machinery industry in China. Over the last 3 years on average, earnings per share has increased by 107% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. Announcement • Mar 30
Nanfang Zhongjin Environment Co., Ltd. to Report Q1, 2024 Results on Apr 26, 2024 Nanfang Zhongjin Environment Co., Ltd. announced that they will report Q1, 2024 results on Apr 26, 2024 Valuation Update With 7 Day Price Move • Feb 05
Investor sentiment deteriorates as stock falls 21% After last week's 21% share price decline to CN¥2.16, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 14x in the Machinery industry in China. Total loss to shareholders of 21% over the past three years. Announcement • Dec 30
Nanfang Zhongjin Environment Co., Ltd. to Report Fiscal Year 2023 Results on Apr 26, 2024 Nanfang Zhongjin Environment Co., Ltd. announced that they will report fiscal year 2023 results on Apr 26, 2024 New Risk • Nov 24
New major risk - Financial position The company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 17% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (17% operating cash flow to total debt). Minor Risk Large one-off items impacting financial results. Announcement • Sep 30
Nanfang Zhongjin Environment Co., Ltd. to Report Q3, 2023 Results on Oct 27, 2023 Nanfang Zhongjin Environment Co., Ltd. announced that they will report Q3, 2023 results on Oct 27, 2023 Reported Earnings • Aug 22
Second quarter 2023 earnings released: EPS: CN¥0.042 (vs CN¥0.001 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.042 (up from CN¥0.001 in 2Q 2022). Revenue: CN¥1.36b (up 16% from 2Q 2022). Net income: CN¥70.8m (up CN¥68.3m from 2Q 2022). Profit margin: 5.2% (up from 0.2% in 2Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings. Reported Earnings • Apr 26
First quarter 2023 earnings released: EPS: CN¥0.02 (vs CN¥0.03 in 1Q 2022) First quarter 2023 results: EPS: CN¥0.02 (down from CN¥0.03 in 1Q 2022). Revenue: CN¥979.1m (up 3.6% from 1Q 2022). Net income: CN¥39.9m (down 27% from 1Q 2022). Profit margin: 4.1% (down from 5.8% in 1Q 2022). Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. Board Change • Nov 16
High number of new and inexperienced directors There are 10 new directors who have joined the board in the last 3 years. The company's board is composed of: 10 new directors. 1 experienced director. No highly experienced directors. Independent Director Jing Luo is the most experienced director on the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Reported Earnings • Oct 28
Third quarter 2022 earnings released: EPS: CN¥0.04 (vs CN¥0.012 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.04 (up from CN¥0.012 in 3Q 2021). Revenue: CN¥1.45b (up 8.8% from 3Q 2021). Net income: CN¥77.0m (up 280% from 3Q 2021). Profit margin: 5.3% (up from 1.5% in 3Q 2021). Over the last 3 years on average, earnings per share has fallen by 47% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings. Reported Earnings • Aug 31
Second quarter 2022 earnings released: EPS: CN¥0.001 (vs CN¥0.039 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.001 (down from CN¥0.039 in 2Q 2021). Revenue: CN¥1.17b (down 20% from 2Q 2021). Net income: CN¥2.48m (down 97% from 2Q 2021). Profit margin: 0.2% (down from 5.9% in 2Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 58 percentage points per year, which is a significant difference in performance. Reported Earnings • Apr 28
Third quarter 2021 earnings: Revenues exceed analysts expectations while EPS lags behind Third quarter 2021 results: EPS: CN¥0.012 (down from CN¥0.035 in 3Q 2020). Revenue: CN¥1.34b (up 15% from 3Q 2020). Net income: CN¥20.3m (down 72% from 3Q 2020). Profit margin: 1.5% (down from 6.2% in 3Q 2020). Revenue exceeded analyst estimates by 12%. Earnings per share (EPS) missed analyst estimates by 787%. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 100 percentage points per year, which is a significant difference in performance. Board Change • Apr 27
High number of new and inexperienced directors There are 9 new directors who have joined the board in the last 3 years. The company's board is composed of: 9 new directors. 3 experienced directors. No highly experienced directors. Non-Employee Representative Supervisor Jinjie Guo is the most experienced director on the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Announcement • Apr 12
Nanfang Zhongjin Environment Co., Ltd. Approves Board Appointments Nanfang Zhongjin Environment Co., Ltd. announced that at its EGM held on 8 April 2022, the shareholders approved the election of Hang Jun, Shen Haijun, Shen Yi, Leng Qi, Yao Jiantang and Liu Pan as non-independent directors, Luo Jing, Zhang Fanghua and Li Mingyi as independent directors. Reported Earnings • Oct 28
Third quarter 2021 earnings released: EPS CN¥0.012 (vs CN¥0.036 in 3Q 2020) The company reported a soft third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: CN¥1.34b (up 15% from 3Q 2020). Net income: CN¥20.3m (down 72% from 3Q 2020). Profit margin: 1.5% (down from 6.2% in 3Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 117 percentage points per year, which is a significant difference in performance. Reported Earnings • Aug 18
Second quarter 2021 earnings released: EPS CN¥0.039 (vs CN¥0.045 in 2Q 2020) The company reported a mediocre second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2021 results: Revenue: CN¥1.46b (up 45% from 2Q 2020). Net income: CN¥86.6m (down 3.9% from 2Q 2020). Profit margin: 5.9% (down from 9.0% in 2Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 122 percentage points per year, which is a significant difference in performance. Announcement • May 25
Nanfang Zhongjin Environment Co., Ltd. Omits Dividend Payment for the Year 2020 Nanfang Zhongjin Environment Co., Ltd. at its AGM held on May 21, 2021 omitted the payment of dividend for the year 2020. Reported Earnings • Apr 29
First quarter 2021 earnings released: EPS CN¥0.03 (vs CN¥0.02 loss in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: CN¥869.7m (up 83% from 1Q 2020). Net income: CN¥51.0m (up CN¥85.3m from 1Q 2020). Profit margin: 5.9% (up from net loss in 1Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 103 percentage points per year, which is a significant difference in performance. Is New 90 Day High Low • Jan 29
New 90-day low: CN¥2.77 The company is down 26% from its price of CN¥3.74 on 30 October 2020. The Chinese market is up 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Machinery industry, which is up 9.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥0.26 per share. Is New 90 Day High Low • Dec 31
New 90-day low: CN¥3.08 The company is down 15% from its price of CN¥3.64 on 30 September 2020. The Chinese market is up 6.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Machinery industry, which is up 6.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥0.25 per share. Is New 90 Day High Low • Dec 12
New 90-day low: CN¥3.19 The company is down 19% from its price of CN¥3.93 on 11 September 2020. The Chinese market is up 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Machinery industry, which is up 4.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥0.25 per share. Reported Earnings • Oct 28
Third quarter earnings released Over the last 12 months the company has reported total losses of CN¥181.9m, with earnings decreasing by CN¥440.7m from the prior year. Total revenue was CN¥3.90b over the last 12 months, down 4.1% from the prior year. Announcement • Oct 20
Nanfang Zhongjin Environment Co., Ltd. to Report Q3, 2020 Results on Oct 28, 2020 Nanfang Zhongjin Environment Co., Ltd. announced that they will report Q3, 2020 results on Oct 28, 2020 Price Target Changed • Sep 25
Price target lowered to CN¥3.70 Down from CN¥4.91, the current price target is an average from 3 analysts. The new target price is close to the current share price of CN¥3.76. As of last close, the stock is up 9.3% over the past year. Announcement • Aug 27
Wuxi Public Utilities Industrial Group Co., Ltd. cancelled the share transfer agreement to acquire 12.13% stake in Nanfang Zhongjin Environment Co., Ltd. (SZSE:300145) from Shen Jinhao. Wuxi Public Utilities Industrial Group Co., Ltd. signed a share transfer agreement to acquire 12.13% stake in Nanfang Zhongjin Environment Co., Ltd. (SZSE:300145) from Shen Jinhao for CNY 1 billion on August 12, 2019. Under the terms of transaction, Wuxi Public Utilities Industrial Group Co., Ltd. will acquire 233.3 million shares at CNY 4.42 each. Post share transfer, Wuxi Public Utilities Industrial Group Co., Ltd. will hold 361.19 million shares of the Nanfang Zhongjin Environment Co., Ltd. accounting for 18.78% of the Nanfang Zhongjin Environment Co., Ltd.'s total share capital. The matter is still subject to approval from responsible department in authority. Recently, Nanfang Zhongjin Environment Co., Ltd. received the notice of approval forwarded by Wuxi Public Utilities Industrial Group Co., Ltd. informing that the State-owned Assets Supervision and Administration Commission of Wuxi City has in principle approved this transaction. This share transfer still needs to be submitted to the Shenzhen Stock Exchange for compliance review and relevant share transfer procedures need to be handled at the China Securities Depository and Clearing Co., Ltd. Shenzhen branch.
Wuxi Public Utilities Industrial Group Co., Ltd. cancelled the share transfer agreement to acquire 12.13% stake in Nanfang Zhongjin Environment Co., Ltd. (SZSE:300145) from Shen Jinhao on August 12, 2020. Announcement • Aug 04
Nanfang Zhongjin Environment Co., Ltd. to Report First Half, 2020 Results on Aug 25, 2020 Nanfang Zhongjin Environment Co., Ltd. announced that they will report first half, 2020 results on Aug 25, 2020 
