Announcement • Jun 30
Zhejiang Wanfeng Chemical Co.,Ltd. to Report First Half, 2026 Results on Aug 31, 2026 Zhejiang Wanfeng Chemical Co.,Ltd. announced that they will report first half, 2026 results on Aug 31, 2026 Reported Earnings • Apr 29
Full year 2025 earnings released: EPS: CN¥0.36 (vs CN¥0.29 in FY 2024) Full year 2025 results: EPS: CN¥0.36 (up from CN¥0.29 in FY 2024). Revenue: CN¥552.2m (up 3.2% from FY 2024). Net income: CN¥48.3m (up 26% from FY 2024). Profit margin: 8.7% (up from 7.2% in FY 2024). The increase in margin was driven by higher revenue. Announcement • Apr 29
Zhejiang Wanfeng Chemical Co.,Ltd., Annual General Meeting, May 29, 2026 Zhejiang Wanfeng Chemical Co.,Ltd., Annual General Meeting, May 29, 2026, at 14:00 China Standard Time. Location: The Company's Meeting Room, Shaoxing, Zhejiang China Announcement • Mar 30
Zhejiang Wanfeng Chemical Co.,Ltd. to Report Q1, 2026 Results on Apr 30, 2026 Zhejiang Wanfeng Chemical Co.,Ltd. announced that they will report Q1, 2026 results on Apr 30, 2026 New Risk • Feb 05
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 7.4% 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 Earnings have declined by 20% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (7.4% average weekly change). Valuation Update With 7 Day Price Move • Jan 30
Investor sentiment improves as stock rises 23% After last week's 23% share price gain to CN¥25.73, the stock trades at a trailing P/E ratio of 61.3x. Average trailing P/E is 49x in the Chemicals industry in China. Total returns to shareholders of 93% over the past year. Buy Or Sell Opportunity • Jan 29
Now 28% overvalued after recent price rise Over the last 90 days, the stock has risen 24% to CN¥23.39. The fair value is estimated to be CN¥18.32, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 2.6% over the last 3 years. Earnings per share has declined by 29%. Announcement • Dec 26
Zhejiang Wanfeng Chemical Co.,Ltd. to Report Fiscal Year 2025 Results on Apr 30, 2026 Zhejiang Wanfeng Chemical Co.,Ltd. announced that they will report fiscal year 2025 results on Apr 30, 2026 New Risk • Oct 31
New minor risk - Dividend sustainability The dividend is not well covered by cash flows. Cash payout ratio: 98% Dividend yield: 0.5% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 20% per year over the past 5 years. Minor Risk Dividend is not well covered by cash flows (98% cash payout ratio). Reported Earnings • Oct 31
Third quarter 2025 earnings released: EPS: CN¥0.09 (vs CN¥0.05 in 3Q 2024) Third quarter 2025 results: EPS: CN¥0.09 (up from CN¥0.05 in 3Q 2024). Revenue: CN¥142.0m (flat on 3Q 2024). Net income: CN¥12.1m (up 87% from 3Q 2024). Profit margin: 8.5% (up from 4.5% in 3Q 2024). Announcement • Sep 30
Zhejiang Wanfeng Chemical Co.,Ltd. to Report Q3, 2025 Results on Oct 31, 2025 Zhejiang Wanfeng Chemical Co.,Ltd. announced that they will report Q3, 2025 results on Oct 31, 2025 Announcement • Jul 03
Zhejiang Wanfeng Chemical Co.,Ltd. to Report First Half, 2025 Results on Aug 30, 2025 Zhejiang Wanfeng Chemical Co.,Ltd. announced that they will report first half, 2025 results on Aug 30, 2025 Declared Dividend • Jun 12
Dividend reduced to CN¥0.09 Dividend of CN¥0.09 is 10% lower than last year. Ex-date: 16th June 2025 Payment date: 16th June 2025 Dividend yield will be 0.6%, which is lower than the industry average of 2.6%. Sustainability & Growth Dividend is well covered by both earnings (27% earnings payout ratio) and cash flows (29% cash payout ratio). 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. The company's earnings per share (EPS) would need to decline by 70% to shift the payout ratio to a potentially unsustainable range, which is more than the 24% EPS decline seen over the last 5 years. Announcement • Apr 29
Zhejiang Wanfeng Chemical Co.,Ltd., Annual General Meeting, May 23, 2025 Zhejiang Wanfeng Chemical Co.,Ltd., Annual General Meeting, May 23, 2025, at 14:00 China Standard Time. Valuation Update With 7 Day Price Move • Apr 08
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to CN¥12.38, the stock trades at a trailing P/E ratio of 61.2x. Average trailing P/E is 33x in the Chemicals industry in China. Total loss to shareholders of 21% over the past year. Announcement • Mar 28
Zhejiang Wanfeng Chemical Co.,Ltd. to Report Q1, 2025 Results on Apr 29, 2025 Zhejiang Wanfeng Chemical Co.,Ltd. announced that they will report Q1, 2025 results on Apr 29, 2025 Announcement • Dec 27
Zhejiang Wanfeng Chemical Co.,Ltd. to Report Fiscal Year 2024 Results on Apr 29, 2025 Zhejiang Wanfeng Chemical Co.,Ltd. announced that they will report fiscal year 2024 results on Apr 29, 2025 Reported Earnings • Oct 30
Third quarter 2024 earnings released: EPS: CN¥0.05 (vs CN¥0.056 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.05 (down from CN¥0.056 in 3Q 2023). Revenue: CN¥142.8m (up 14% from 3Q 2023). Net income: CN¥6.49m (down 12% from 3Q 2023). Profit margin: 4.5% (down from 5.9% in 3Q 2023). Announcement • Sep 30
Zhejiang Wanfeng Chemical Co.,Ltd. to Report Q3, 2024 Results on Oct 30, 2024 Zhejiang Wanfeng Chemical Co.,Ltd. announced that they will report Q3, 2024 results on Oct 30, 2024 Valuation Update With 7 Day Price Move • Sep 26
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to CN¥14.53, the stock trades at a trailing P/E ratio of 69.5x. Average trailing P/E is 28x in the Chemicals industry in China. Total loss to shareholders of 14% over the past year. New Risk • Sep 21
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 20% 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: Major Risk Earnings have declined by 30% per year over the past 5 years. Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (6.8% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (5.7% net profit margin). New Risk • Sep 11
New minor risk - Dividend sustainability The dividend is not well covered by cash flows. The company is paying a dividend despite having no free cash flows. Dividend yield: 0.8% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 30% per year over the past 5 years. Minor Risks Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (5.7% net profit margin). Valuation Update With 7 Day Price Move • Sep 10
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to CN¥14.15, the stock trades at a trailing P/E ratio of 67.7x. Average trailing P/E is 27x in the Chemicals industry in China. Total loss to shareholders of 18% over the past year. Reported Earnings • Aug 30
Second quarter 2024 earnings released: EPS: CN¥0.062 (vs CN¥0.092 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.062 (down from CN¥0.092 in 2Q 2023). Revenue: CN¥135.5m (up 16% from 2Q 2023). Net income: CN¥7.29m (down 29% from 2Q 2023). Profit margin: 5.4% (down from 8.8% in 2Q 2023). The decrease in margin was driven by higher expenses. Announcement • Jun 29
Zhejiang Wanfeng Chemical Co.,Ltd. to Report First Half, 2024 Results on Aug 30, 2024 Zhejiang Wanfeng Chemical Co.,Ltd. announced that they will report first half, 2024 results on Aug 30, 2024 New Risk • Jun 12
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 10% 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 Risks Share price has been highly volatile over the past 3 months (10% average weekly change). Earnings have declined by 28% per year over the past 5 years. Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (6.6% net profit margin). Valuation Update With 7 Day Price Move • Jun 11
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to CN¥17.08, the stock trades at a trailing P/E ratio of 73.7x. Average trailing P/E is 30x in the Chemicals industry in China. Negligible returns to shareholders over past year. Announcement • Apr 24
Zhejiang Wanfeng Chemical Co.,Ltd., Annual General Meeting, May 13, 2024 Zhejiang Wanfeng Chemical Co.,Ltd., Annual General Meeting, May 13, 2024, at 13:30 China Standard Time. Location: The Company's Meeting Room, Shaoxing, Zhejiang China Valuation Update With 7 Day Price Move • Apr 02
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to CN¥16.89, the stock trades at a trailing P/E ratio of 40.5x. Average trailing P/E is 30x in the Chemicals industry in China. Announcement • Mar 30
Zhejiang Wanfeng Chemical Co.,Ltd. to Report Q1, 2024 Results on Apr 23, 2024 Zhejiang Wanfeng Chemical Co.,Ltd. announced that they will report Q1, 2024 results on Apr 23, 2024 Valuation Update With 7 Day Price Move • Mar 19
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to CN¥14.86, the stock trades at a trailing P/E ratio of 35.6x. Average trailing P/E is 31x in the Chemicals industry in China. New Risk • Mar 15
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 20% per year over the past 5 years. Minor Risk Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Valuation Update With 7 Day Price Move • Feb 02
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to CN¥12.11, the stock trades at a trailing P/E ratio of 33x. Average trailing P/E is 28x in the Chemicals industry in China. Valuation Update With 7 Day Price Move • Jan 19
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to CN¥15.44, the stock trades at a trailing P/E ratio of 42.1x. Average trailing P/E is 33x in the Chemicals industry in China. Reported Earnings • Nov 01
Third quarter 2023 earnings released Third quarter 2023 results: EPS: CN¥0.058. Net income: CN¥7.38m (up CN¥7.38m from 3Q 2022). Reported Earnings • Aug 29
Second quarter 2023 earnings released Second quarter 2023 results: EPS: CN¥0.092. Net income: CN¥10.3m (up CN¥10.3m from 2Q 2022). Announcement • Jun 28
Zhejiang Wanfeng Chemical Co.,Ltd. to Report First Half, 2023 Results on Aug 29, 2023 Zhejiang Wanfeng Chemical Co.,Ltd. announced that they will report first half, 2023 results on Aug 29, 2023 Valuation Update With 7 Day Price Move • May 25
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to CN¥18.71, the stock trades at a trailing P/E ratio of 33.3x. Average trailing P/E is 30x in the Chemicals industry in China.