Announcement • 21h
Yonghui Superstores Co., Ltd. to Report First Half, 2026 Results on Aug 21, 2026 Yonghui Superstores Co., Ltd. announced that they will report first half, 2026 results on Aug 21, 2026 Announcement • Apr 17
Yonghui Superstores Co., Ltd., Annual General Meeting, May 08, 2026 Yonghui Superstores Co., Ltd., Annual General Meeting, May 08, 2026, at 13:30 China Standard Time. Location: 6F, No. 120, Hutou Street, Gulou District, Fuzhou, Fujian China Reported Earnings • Mar 31
Full year 2025 earnings released: CN¥0.29 loss per share (vs CN¥0.16 loss in FY 2024) Full year 2025 results: CN¥0.29 loss per share (further deteriorated from CN¥0.16 loss in FY 2024). Revenue: CN¥53.5b (down 21% from FY 2024). Net loss: CN¥2.55b (loss widened 74% from FY 2024). Revenue is forecast to grow 12% p.a. on average during the next 2 years, compared to a 10% growth forecast for the Consumer Retailing industry in China. Over the last 3 years on average, earnings per share has increased by 7% per year whereas the company’s share price has increased by 3% per year. Announcement • Mar 30
Yonghui Superstores Co., Ltd. to Report Q1, 2026 Results on Apr 17, 2026 Yonghui Superstores Co., Ltd. announced that they will report Q1, 2026 results on Apr 17, 2026 Announcement • Dec 26
Yonghui Superstores Co., Ltd. to Report Fiscal Year 2025 Results on Mar 31, 2026 Yonghui Superstores Co., Ltd. announced that they will report fiscal year 2025 results on Mar 31, 2026 New Risk • Dec 12
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 7.3% 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. This is currently the only risk that has been identified for the company. Price Target Changed • Nov 01
Price target decreased by 8.8% to CN¥4.64 Down from CN¥5.08, the current price target is an average from 7 analysts. New target price is approximately in line with last closing price of CN¥4.67. Stock is down 7.9% over the past year. The company is forecast to post a net loss per share of CN¥0.15 next year compared to a net loss per share of CN¥0.16 last year. Reported Earnings • Oct 31
Third quarter 2025 earnings: EPS and revenues miss analyst expectations Third quarter 2025 results: CN¥0.044 loss per share. Revenue: CN¥12.5b (down 26% from 3Q 2024). Net loss: CN¥469.3m (loss widened 33% from 3Q 2024). Revenue missed analyst estimates by 6.2%. Earnings per share (EPS) also missed analyst estimates by 5.4%. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Consumer Retailing industry in China. Announcement • Sep 30
Yonghui Superstores Co., Ltd. to Report Q3, 2025 Results on Oct 31, 2025 Yonghui Superstores Co., Ltd. announced that they will report Q3, 2025 results on Oct 31, 2025 Major Estimate Revision • Aug 27
Consensus EPS estimates fall by 100% The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from CN¥63.6b to CN¥58.9b. Losses expected to increase from CN¥0.039 per share to CN¥0.078. Consumer Retailing industry in China expected to see average net income growth of 60% next year. Consensus price target down from CN¥5.08 to CN¥4.63. Share price rose 4.0% to CN¥5.17 over the past week. Price Target Changed • Aug 22
Price target decreased by 8.9% to CN¥4.63 Down from CN¥5.08, the current price target is an average from 8 analysts. New target price is 6.6% below last closing price of CN¥4.96. Stock is up 122% over the past year. The company is forecast to post a net loss per share of CN¥0.075 next year compared to a net loss per share of CN¥0.16 last year. Reported Earnings • Aug 22
Second quarter 2025 earnings: EPS and revenues miss analyst expectations Second quarter 2025 results: CN¥0.045 loss per share (improved from CN¥0.05 loss in 2Q 2024). Revenue: CN¥12.5b (down 23% from 2Q 2024). Net loss: CN¥388.1m (loss narrowed 16% from 2Q 2024). Revenue missed analyst estimates by 15%. Earnings per share (EPS) also missed analyst estimates. Revenue is forecast to grow 8.7% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Consumer Retailing industry in China. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth. Major Estimate Revision • Aug 12
Consensus EPS estimates fall by 37% The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from CN¥65.0b to CN¥63.6b. Losses expected to increase from CN¥0.022 per share to CN¥0.03. Consumer Retailing industry in China expected to see average net income growth of 69% next year. Consensus price target up from CN¥4.94 to CN¥5.08. Share price was steady at CN¥4.81 over the past week. Announcement • Jul 31
Yonghui Superstores Co., Ltd. announced that it expects to receive CNY 3.9920799 billion in funding Yonghui Superstores Co., Ltd announced a private placement of A Shares for gross proceeds CNY 3,992,079,900 on July 30, 2025. The shares cannot be transferred within 6 months from the issuance closing date. The transaction has been approved in the 4th Meeting of the Company’s 6th Directorate, and is subject to the approvals of the it's Shareholders, the Shanghai Stock Exchange, and the China Securities Regulatory Commission. The transaction includes participation from 35 investors. Issue price is not less than 80% of the average price in the 20 trading days before the pricing reference date Major Estimate Revision • Jul 10
Consensus EPS estimates fall by 23% The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from CN¥62.6b to CN¥61.8b. Losses expected to increase from CN¥0.037 per share to CN¥0.046. Consumer Retailing industry in China expected to see average net income growth of 69% next year. Consensus price target of CN¥4.94 unchanged from last update. Share price was steady at CN¥4.87 over the past week. Announcement • Jun 30
Yonghui Superstores Co., Ltd. to Report First Half, 2025 Results on Aug 21, 2025 Yonghui Superstores Co., Ltd. announced that they will report first half, 2025 results on Aug 21, 2025 Reported Earnings • Apr 27
First quarter 2025 earnings released: EPS: CN¥0.02 (vs CN¥0.08 in 1Q 2024) First quarter 2025 results: EPS: CN¥0.02 (down from CN¥0.08 in 1Q 2024). Revenue: CN¥17.5b (down 19% from 1Q 2024). Net income: CN¥147.6m (down 80% from 1Q 2024). Profit margin: 0.8% (down from 3.4% in 1Q 2024). Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Consumer Retailing industry in China. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth. Announcement • Apr 26
Yonghui Superstores Co., Ltd., Annual General Meeting, May 20, 2025 Yonghui Superstores Co., Ltd., Annual General Meeting, May 20, 2025, at 13:30 China Standard Time. Location: Floor A1, No. 202, Minjiang Avenue, Cangshan District, Fuzhou, Fujian China Buy Or Sell Opportunity • Apr 11
Now 22% undervalued Over the last 90 days, the stock has risen 11% to CN¥6.03. The fair value is estimated to be CN¥7.69, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 8.6% over the last 3 years. Earnings per share has grown by 30%. Revenue is forecast to grow by 3.9% in a year. Earnings are forecast to grow by 99% in the next year. Announcement • Mar 28
Yonghui Superstores Co., Ltd. to Report Q1, 2025 Results on Apr 26, 2025 Yonghui Superstores Co., Ltd. announced that they will report Q1, 2025 results on Apr 26, 2025 Major Estimate Revision • Mar 21
Consensus EPS estimates fall by 296% The consensus outlook for fiscal year 2024 has been updated. 2024 expected loss increased from -CN¥0.033 to -CN¥0.132 per share. Revenue forecast unchanged at CN¥71.5b. Consumer Retailing industry in China expected to see average net income growth of 47% next year. Consensus price target up from CN¥4.16 to CN¥4.55. Share price was steady at CN¥4.84 over the past week. Price Target Changed • Mar 20
Price target increased by 14% to CN¥4.55 Up from CN¥4.00, the current price target is an average from 10 analysts. New target price is 10% below last closing price of CN¥5.08. Stock is up 109% over the past year. The company is forecast to post a net loss per share of CN¥0.13 next year compared to a net loss per share of CN¥0.15 last year. Major Estimate Revision • Jan 21
Consensus EPS estimates fall by 380% The consensus outlook for fiscal year 2024 has been updated. 2024 expected loss increased from -CN¥0.032 to -CN¥0.155 per share. Revenue forecast of CN¥72.0b unchanged since last update. Consumer Retailing industry in China expected to see average net income growth of 51% next year. Consensus price target up from CN¥4.00 to CN¥4.16. Share price fell 2.5% to CN¥5.79 over the past week. Price Target Changed • Dec 28
Price target increased by 13% to CN¥4.00 Up from CN¥3.53, the current price target is an average from 10 analysts. New target price is 42% below last closing price of CN¥6.89. Stock is up 144% over the past year. The company is forecast to post a net loss per share of CN¥0.055 next year compared to a net loss per share of CN¥0.15 last year. Announcement • Dec 27
Yonghui Superstores Co., Ltd. to Report Fiscal Year 2024 Results on Apr 26, 2025 Yonghui Superstores Co., Ltd. announced that they will report fiscal year 2024 results on Apr 26, 2025 Buy Or Sell Opportunity • Dec 17
Now 23% undervalued Over the last 90 days, the stock has risen 209% to CN¥6.88. The fair value is estimated to be CN¥8.98, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 8.6% over the last 3 years. Earnings per share has grown by 30%. Price Target Changed • Nov 02
Price target increased by 8.9% to CN¥2.95 Up from CN¥2.71, the current price target is an average from 10 analysts. New target price is 42% below last closing price of CN¥5.07. Stock is up 66% over the past year. The company is forecast to post a net loss per share of CN¥0.07 next year compared to a net loss per share of CN¥0.15 last year. Reported Earnings • Oct 31
Third quarter 2024 earnings: EPS and revenues miss analyst expectations Third quarter 2024 results: CN¥0.071 loss per share (further deteriorated from CN¥0.036 loss in 3Q 2023). Revenue: CN¥16.8b (down 16% from 3Q 2023). Net loss: CN¥353.2m (loss widened 9.9% from 3Q 2023). Revenue missed analyst estimates by 15%. Earnings per share (EPS) also missed analyst estimates. Revenue is forecast to grow 4.3% p.a. on average during the next 3 years, compared to a 9.6% growth forecast for the Consumer Retailing industry in China. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. Announcement • Sep 30
Yonghui Superstores Co., Ltd. to Report Q3, 2024 Results on Oct 31, 2024 Yonghui Superstores Co., Ltd. announced that they will report Q3, 2024 results on Oct 31, 2024 New Risk • Sep 26
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 8.5% 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. This is currently the only risk that has been identified for the company. Announcement • Sep 24
Guangdong Juncai International Trading Co., Ltd. agreed to acquire an unknown minority stake in Yonghui Superstores Co., Ltd. (SHSE:601933) from Dairy Farm Company Limited. Guangdong Juncai International Trading Co., Ltd. agreed to acquire an unknown minority stake in Yonghui Superstores Co., Ltd. (SHSE:601933) from Dairy Farm Company Limited on September 23, 2024. As per the transaction, Guangdong Juncai International Trading Co., Ltd. entered into share purchase agreements with certain shareholders of Yonghui Superstores Co., Ltd, to acquire an aggregate of 29.4% of the issued and outstanding shares of Yonghui for a total cash consideration of approximately CNY 6.3 billion. Buy Or Sell Opportunity • Aug 12
Now 28% undervalued The stock has been flat over the last 90 days, currently trading at CN¥2.43. The fair value is estimated to be CN¥3.35, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 5.3% over the last 3 years, while earnings per share has been flat. Buy Or Sell Opportunity • Jul 19
Now 23% undervalued Over the last 90 days, the stock has risen 4.1% to CN¥2.26. The fair value is estimated to be CN¥2.92, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 5.3% over the last 3 years, while earnings per share has been flat. Buy Or Sell Opportunity • Jul 01
Now 20% undervalued Over the last 90 days, the stock has risen 3.5% to CN¥2.39. The fair value is estimated to be CN¥2.99, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 5.3% over the last 3 years, while earnings per share has been flat. Announcement • Jun 28
Yonghui Superstores Co., Ltd. to Report First Half, 2024 Results on Aug 24, 2024 Yonghui Superstores Co., Ltd. announced that they will report first half, 2024 results on Aug 24, 2024 Announcement • Jun 19
Sichuan Commercial Investment Co., Ltd. completed the acquisition of 10% stake in Chengdu Hongqi Chain Co.,Ltd. (SZSE:002697) from Yonghui Superstores Co., Ltd. (SHSE:601933). Sichuan Commercial Investment Co., Ltd. agreed to acquire 10% stake in Chengdu Hongqi Chain Co.,Ltd. (SZSE:002697) from Yonghui Superstores Co., Ltd. (SHSE:601933) for approximately CNY 800 million on December 21, 2023. The transaction is unanimously approved by board of directors of Yonghui Superstores Co., Ltd. As on December 29, 2023 Transaction has already been approved by Yonghui Superstores's shareholders. Sichuan Commercial Investment Co., Ltd. completed the acquisition of 10% stake in Chengdu Hongqi Chain Co.,Ltd. (SZSE:002697) from Yonghui Superstores Co., Ltd. (SHSE:601933) on June 17, 2024. Price Target Changed • May 02
Price target decreased by 8.8% to CN¥2.83 Down from CN¥3.11, the current price target is an average from 9 analysts. New target price is 17% above last closing price of CN¥2.43. Stock is down 27% over the past year. The company is forecast to post earnings per share of CN¥0.04 next year compared to a net loss per share of CN¥0.15 last year. Announcement • Apr 29
Yonghui Superstores Co., Ltd., Annual General Meeting, May 20, 2024 Yonghui Superstores Co., Ltd., Annual General Meeting, May 20, 2024, at 13:30 China Standard Time. Location: 3F, Yard No. 5, Guangrong Road, No. 120, Hutou Street, Gulou District, Fuzhou, Fujian China Reported Earnings • Apr 28
First quarter 2024 earnings released: EPS: CN¥0.08 (vs CN¥0.08 in 1Q 2023) First quarter 2024 results: EPS: CN¥0.08 (in line with 1Q 2023). Revenue: CN¥21.7b (down 9.0% from 1Q 2023). Net income: CN¥736.4m (up 4.6% from 1Q 2023). Profit margin: 3.4% (up from 3.0% in 1Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 7.4% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Consumer Retailing industry in China. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has fallen by 26% per year, which means it is performing significantly worse than earnings. Announcement • Mar 30
Yonghui Superstores Co., Ltd. to Report Q1, 2024 Results on Apr 27, 2024 Yonghui Superstores Co., Ltd. announced that they will report Q1, 2024 results on Apr 27, 2024 Major Estimate Revision • Feb 10
Consensus EPS estimates fall by 22% The consensus outlook for earnings per share (EPS) in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from CN¥81.9b to CN¥81.0b. Losses expected to increase from CN¥0.09 per share to CN¥0.11. Consumer Retailing industry in China expected to see average net income growth of 22% next year. Consensus price target down from CN¥3.25 to CN¥3.17. Share price rose 12% to CN¥2.66 over the past week. Announcement • Dec 30
Yonghui Superstores Co., Ltd. to Report Fiscal Year 2023 Results on Apr 27, 2024 Yonghui Superstores Co., Ltd. announced that they will report fiscal year 2023 results on Apr 27, 2024 Price Target Changed • Dec 21
Price target decreased by 8.1% to CN¥3.30 Down from CN¥3.59, the current price target is an average from 11 analysts. New target price is 14% above last closing price of CN¥2.90. Stock is down 19% over the past year. The company is forecast to post a net loss per share of CN¥0.0058 next year compared to a net loss per share of CN¥0.30 last year. Buying Opportunity • Nov 16
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 10%. The fair value is estimated to be CN¥3.77, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 3.3% over the last 3 years. Meanwhile, the company became loss making. Reported Earnings • Oct 29
Third quarter 2023 earnings: Revenues miss analyst expectations Third quarter 2023 results: Revenue: CN¥20.1b (down 9.5% from 3Q 2022). Net loss: CN¥321.5m (loss narrowed 59% from 3Q 2022). Revenue missed analyst estimates by 11%. Revenue is forecast to grow 5.6% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Consumer Retailing industry in China. Over the last 3 years on average, earnings per share has fallen by 59% per year but the company’s share price has only fallen by 26% per year, which means it has not declined as severely as earnings. Announcement • Sep 30
Yonghui Superstores Co., Ltd. to Report Q3, 2023 Results on Oct 28, 2023 Yonghui Superstores Co., Ltd. announced that they will report Q3, 2023 results on Oct 28, 2023 Announcement • Sep 21
Yonghui Superstores Co., Ltd. Appoints Scott Price as Director DFI Retail Group Holdings Limited announced that Scott Price, Director of the company, has been appointed as a director of Yonghui Superstores Co., Ltd., with effect from 19th September 2023. Reported Earnings • Sep 04
Second quarter 2023 earnings: EPS and revenues miss analyst expectations Second quarter 2023 results: CN¥0.033 loss per share (improved from CN¥0.044 loss in 2Q 2022). Revenue: CN¥18.2b (down 15% from 2Q 2022). Net loss: CN¥330.5m (loss narrowed 46% from 2Q 2022). Revenue missed analyst estimates by 13%. Earnings per share (EPS) also missed analyst estimates by 103%. Revenue is forecast to grow 5.8% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Consumer Retailing industry in China. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 48 percentage points per year, which is a significant difference in performance. Announcement • Aug 04
Yonghui Superstores Denies Reports of Acquisition from JD.Com Yonghui Superstores Co., Ltd. (SHSE:601933) said media reports of JD.com, Inc. (NasdaqGS:JD) negotiating to acquire company is untrue. Announcement • Jun 28
Yonghui Superstores Co., Ltd. to Report First Half, 2023 Results on Aug 31, 2023 Yonghui Superstores Co., Ltd. announced that they will report first half, 2023 results on Aug 31, 2023 Price Target Changed • Jun 21
Price target decreased by 7.7% to CN¥3.83 Down from CN¥4.15, the current price target is an average from 10 analysts. New target price is 22% above last closing price of CN¥3.13. Stock is down 22% over the past year. The company is forecast to post earnings per share of CN¥0.027 next year compared to a net loss per share of CN¥0.30 last year. Reported Earnings • Apr 30
First quarter 2023 earnings: EPS and revenues miss analyst expectations First quarter 2023 results: EPS: CN¥0.08 (up from CN¥0.06 in 1Q 2022). Revenue: CN¥23.8b (down 13% from 1Q 2022). Net income: CN¥704.2m (up 40% from 1Q 2022). Profit margin: 3.0% (up from 1.8% in 1Q 2022). Revenue missed analyst estimates by 18%. Earnings per share (EPS) also missed analyst estimates by 31%. Revenue is forecast to grow 5.3% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Consumer Retailing industry in China. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 59 percentage points per year, which is a significant difference in performance. Price Target Changed • Jan 03
Price target decreased to CN¥4.05 Down from CN¥4.37, the current price target is an average from 12 analysts. New target price is 11% above last closing price of CN¥3.65. Stock is down 9.9% over the past year. The company is forecast to post a net loss per share of CN¥0.05 next year compared to a net loss per share of CN¥0.43 last year. Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 6 non-independent directors. Independent Director Baowen Sun was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Oct 30
Third quarter 2022 earnings: EPS and revenues miss analyst expectations Third quarter 2022 results: CN¥0.18 loss per share. Revenue: CN¥22.2b (down 3.6% from 3Q 2021). Net loss: CN¥774.8m (loss narrowed 29% from 3Q 2021). Revenue missed analyst estimates by 7.3%. Earnings per share (EPS) also missed analyst estimates. Revenue is forecast to grow 4.8% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Consumer Retailing industry in China. Announcement • Aug 09
Yonghui Superstores Co., Ltd. (SHSE:601933) announces an Equity Buyback for 150,000,000 shares, for CNY 700 million. Yonghui Superstores Co., Ltd. (SHSE:601933) announces a share repurchase program. Under the program, the company will repurchase up to 150,000,000 shares, for CNY 700 million. The shares will be repurchased at a price not more than CNY 5 per share. The shares repurchased will be used for equity incentives or employee stock ownership plans. The program will be valid for a period of 12 months. Announcement • Jun 20
Yonghui Superstores Co., Ltd.(XSSC:601933) dropped from S&P Global BMI Index Yonghui Superstores Co., Ltd.(XSSC:601933) dropped from S&P Global BMI Index Announcement • Jun 13
Yonghui Superstores Co., Ltd.(XSSC:601933) dropped from FTSE All-World Index (USD) Yonghui Superstores Co., Ltd.(XSSC:601933) dropped from FTSE All-World Index (USD) Price Target Changed • May 10
Price target increased to CN¥4.98 Up from CN¥4.62, the current price target is an average from 15 analysts. New target price is 5.0% above last closing price of CN¥4.74. Stock is down 14% over the past year. The company is forecast to post earnings per share of CN¥0.073 next year compared to a net loss per share of CN¥0.43 last year. Reported Earnings • May 02
First quarter 2022 earnings: EPS and revenues exceed analyst expectations First quarter 2022 results: EPS: CN¥0.06 (up from CN¥0.003 in 1Q 2021). Revenue: CN¥27.2b (up 3.5% from 1Q 2021). Net income: CN¥502.2m (up CN¥478.9m from 1Q 2021). Profit margin: 1.8% (up from 0.1% in 1Q 2021). Revenue exceeded analyst estimates by 5.3%. Earnings per share (EPS) also surpassed analyst estimates by 151%. Over the next year, revenue is forecast to grow 7.5%, compared to a 16% growth forecast for the industry in China. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 77 percentage points per year, which is a significant difference in performance. Major Estimate Revision • Mar 13
Consensus forecasts updated The consensus outlook for 2021 has been updated. 2021 expected loss increased from -CN¥0.21 to -CN¥0.26 per share. Revenue forecast unchanged at CN¥90.8b. Consumer Retailing industry in China expected to see average net income growth of 28% next year. Consensus price target down from CN¥4.63 to CN¥4.53. Share price rose 7.8% to CN¥3.86 over the past week. Reported Earnings • Oct 31
Third quarter 2021 earnings released: CN¥0.12 loss per share (vs CN¥0.02 profit in 3Q 2020) The company reported a soft third quarter result with weaker earnings and weaker control over costs, although revenues improved. Third quarter 2021 results: Revenue: CN¥23.0b (up 3.9% from 3Q 2020). Net loss: CN¥1.10b (down CN¥1.27b from profit in 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 56% per year but the company’s share price has only fallen by 19% per year, which means it has not declined as severely as earnings. Price Target Changed • Sep 15
Price target decreased to CN¥5.02 Down from CN¥5.54, the current price target is an average from 16 analysts. New target price is 26% above last closing price of CN¥3.99. Stock is down 52% over the past year. Price Target Changed • Sep 02
Price target decreased to CN¥5.67 Down from CN¥6.22, the current price target is an average from 16 analysts. New target price is 45% above last closing price of CN¥3.90. Stock is down 56% over the past year. Reported Earnings • Aug 30
Second quarter 2021 earnings released The company reported a poor second quarter result with weaker earnings, revenues and control over costs. Second quarter 2021 results: Revenue: CN¥20.5b (down 3.6% from 2Q 2020). Net loss: CN¥1.11b (down 487% from profit in 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has only fallen by 20% per year, which means it has not declined as severely as earnings. Price Target Changed • Aug 24
Price target decreased to CN¥6.22 Down from CN¥6.91, the current price target is an average from 16 analysts. New target price is 55% above last closing price of CN¥4.01. Stock is down 55% over the past year. Price Target Changed • Jun 01
Price target decreased to CN¥7.05 Down from CN¥7.60, the current price target is an average from 20 analysts. New target price is 23% above last closing price of CN¥5.72. Stock is down 38% over the past year. Major Estimate Revision • May 06
Consensus revenue estimates fall to CN¥104.4b The consensus outlook for revenues in 2021 has deteriorated. 2021 revenue forecast decreased from CN¥116.6b to CN¥104.4b. EPS estimate fell from CN¥0.30 to CN¥0.21 per share. Net income forecast to grow 10% next year vs 21% growth forecast for Consumer Retailing industry in China. Consensus price target down from CN¥9.78 to CN¥8.92. Share price fell 14% to CN¥5.33 over the past week. Reported Earnings • May 02
Full year 2020 earnings released: EPS CN¥0.19 (vs CN¥0.16 in FY 2019) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: CN¥93.2b (up 9.8% from FY 2019). Net income: CN¥1.79b (up 15% from FY 2019). Profit margin: 1.9% (up from 1.8% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings. Is New 90 Day High Low • Jan 25
New 90-day low: CN¥7.00 The company is down 11% from its price of CN¥7.86 on 27 October 2020. The Chinese market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Consumer Retailing industry, which is flat over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥8.30 per share. Is New 90 Day High Low • Dec 22
New 90-day low: CN¥7.10 The company is down 13% from its price of CN¥8.19 on 23 September 2020. The Chinese market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Consumer Retailing industry, which is down 12% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥7.18 per share. Is New 90 Day High Low • Nov 28
New 90-day low: CN¥7.72 The company is down 15% from its price of CN¥9.06 on 28 August 2020. The Chinese market is down 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Consumer Retailing industry, which is down 12% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥6.22 per share. Analyst Estimate Surprise Post Earnings • Nov 04
Revenue behind estimates Revenue missed analyst estimates by 1.0%. Earnings per share (EPS) were mostly in line with analyst estimates. Over the next year, revenue is forecast to grow 24%, compared to a 20% growth forecast for the Consumer Retailing industry in China. Reported Earnings • Nov 04
Third quarter 2020 earnings released: EPS CN¥0.02 The company reported a mediocre third quarter result with weaker revenues, although profit margins were flat and earnings were improved. Third quarter 2020 results: Revenue: CN¥22.2b (down 1.0% from 3Q 2019). Net income: CN¥174.8m (up 3.4% from 3Q 2019). Profit margin: 0.8% (in line with 3Q 2019). Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings. Announcement • Oct 30
Yonghui Superstores Co., Ltd. to Report Q3, 2020 Results on Oct 31, 2020 Yonghui Superstores Co., Ltd. announced that they will report Q3, 2020 results on Oct 31, 2020 Is New 90 Day High Low • Oct 29
New 90-day low: CN¥7.73 The company is down 14% from its price of CN¥8.99 on 31 July 2020. The Chinese market is down 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Consumer Retailing industry, which is down 6.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥6.24 per share. Is New 90 Day High Low • Sep 28
New 90-day low: CN¥7.88 The company is down 16% from its price of CN¥9.38 on 30 June 2020. The Chinese market is up 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Consumer Retailing industry, which is up 1.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥6.24 per share. Announcement • Aug 04
Yonghui Superstores Co., Ltd. (SHSE:601933) entered into an Equity Transfer Agreement to acquire additional 20% stake in Yonghui Yunchuang Technology Co., Ltd. from Zhang Xuanning for approximately CNY 380 million. Yonghui Superstores Co., Ltd. (SHSE:601933) entered into an Equity Transfer Agreement to acquire additional 20% stake in Yonghui Yunchuang Technology Co., Ltd. from Zhang Xuanning for approximately CNY 380 million on July 31, 2020. After the completion of this transaction, Zhang Xuanning's equity in Yonghui Yunchuang will be reduced from 34.4% to 14.4%. Yonghui Superstores will hold 46.6% of Yonghui Yunchuang's equity and become the largest shareholder of Yonghui Yunchuang. After Yonghui Superstores regains the management and operation rights of Yonghui Yunchuang, it will become the controlling shareholder of Yonghui Yunchuang. As of December 31, 2019, Yonghui Yunchuang Technology reported total assets of CNY 1.5 billion, net assets of CNY 510.8 million, revenue of CNY 2.9 billion and net loss of CNY 1.3 billion. On July 31, 2020, Yonghui Superstores held the 21st meeting of the fourth board of directors, and reviewed and approved the transaction. Announcement • Jul 17
Yonghui Superstores Co., Ltd. to Report First Half, 2020 Results on Aug 29, 2020 Yonghui Superstores Co., Ltd. announced that they will report first half, 2020 results on Aug 29, 2020 