Announcement • Jul 20
Suzhou Kingswood Education Technology Co., Ltd. (SZSE:300192) announces an Equity Buyback for CNY 200 million worth of its shares. Suzhou Kingswood Education Technology Co., Ltd. (SZSE:300192) announces a share repurchase program. Under the program, the company will repurchase up to CNY 200 million worth of class A shares. The shares will be repurchased at a price of not more than CNY 23.27 per share. The shares purchased will be used for ESOP or equity incentives. Shares not used within 3 years after the completion of the repurchase will be cancelled. The program will be funded out of the Bank Special Loans, Own Funds, and/or Self-Financing. The program is subject to the shareholders’ approval. The program will be valid till 12 months from the Company's Shareholders’ Approval Date. Announcement • Jun 30
Suzhou Kingswood Education Technology Co., Ltd. to Report First Half, 2026 Results on Aug 29, 2026 Suzhou Kingswood Education Technology Co., Ltd. announced that they will report first half, 2026 results on Aug 29, 2026 Announcement • Jun 04
Suzhou Kingswood Education Technology Co., Ltd., Annual General Meeting, Jun 26, 2026 Suzhou Kingswood Education Technology Co., Ltd., Annual General Meeting, Jun 26, 2026, at 15:00 China Standard Time. Location: The Company's Meeting Room, Suzhou, Jiangsu China Reported Earnings • Apr 29
Full year 2025 earnings released: EPS: CN¥0.38 (vs CN¥0.44 in FY 2024) Full year 2025 results: EPS: CN¥0.38 (down from CN¥0.44 in FY 2024). Revenue: CN¥755.5m (down 5.0% from FY 2024). Net income: CN¥123.7m (down 15% from FY 2024). Profit margin: 16% (down from 18% in FY 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 11% per year whereas the company’s share price has increased by 12% per year. Valuation Update With 7 Day Price Move • Jan 13
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥25.00, the stock trades at a forward P/E ratio of 50x. Average forward P/E is 27x in the Chemicals industry in China. Total returns to shareholders of 281% over the past three years. Announcement • Dec 31
Suzhou Kingswood Education Technology Co., Ltd. to Report Fiscal Year 2025 Results on Apr 29, 2026 Suzhou Kingswood Education Technology Co., Ltd. announced that they will report fiscal year 2025 results on Apr 29, 2026 Valuation Update With 7 Day Price Move • Nov 25
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to CN¥23.95, the stock trades at a forward P/E ratio of 46x. Average forward P/E is 23x in the Chemicals industry in China. Total returns to shareholders of 281% over the past three years. Reported Earnings • Oct 27
Third quarter 2025 earnings released: EPS: CN¥0.12 (vs CN¥0.13 in 3Q 2024) Third quarter 2025 results: EPS: CN¥0.12 (down from CN¥0.13 in 3Q 2024). Revenue: CN¥191.5m (down 8.1% from 3Q 2024). Net income: CN¥39.2m (down 9.8% from 3Q 2024). Profit margin: 21% (in line with 3Q 2024). Revenue is forecast to grow 7.9% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Chemicals industry in China. Over the last 3 years on average, earnings per share has increased by 61% per year but the company’s share price has only increased by 44% per year, which means it is significantly lagging earnings growth. Announcement • Sep 30
Suzhou Kingswood Education Technology Co., Ltd. to Report Q3, 2025 Results on Oct 27, 2025 Suzhou Kingswood Education Technology Co., Ltd. announced that they will report Q3, 2025 results on Oct 27, 2025 Announcement • Jul 02
Suzhou Kingswood Education Technology Co., Ltd. to Report First Half, 2025 Results on Aug 27, 2025 Suzhou Kingswood Education Technology Co., Ltd. announced that they will report first half, 2025 results on Aug 27, 2025 Declared Dividend • May 31
Dividend of CN¥0.10 announced Shareholders will receive a dividend of CN¥0.10. Ex-date: 5th June 2025 Payment date: 5th June 2025 Dividend yield will be 2.3%, which is lower than the industry average of 2.6%. Sustainability & Growth Dividend is covered by both earnings (81% earnings payout ratio) and cash flows (64% cash payout ratio). The dividend has increased by an average of 33% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 32% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Announcement • May 30
Suzhou Kingswood Education Technology Co., Ltd. Declares 2024 Cash Dividend Suzhou Kingswood Education Technology Co., Ltd. at its AGM held on May 26, 2025, approved 2024 profit distribution plan. Cash dividend per 10 shares (tax included) of CNY 1.00000000. Announcement • Apr 29
Suzhou Kingswood Education Technology Co., Ltd., Annual General Meeting, May 26, 2025 Suzhou Kingswood Education Technology Co., Ltd., Annual General Meeting, May 26, 2025, at 14:00 China Standard Time. Valuation Update With 7 Day Price Move • Apr 07
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to CN¥13.13, the stock trades at a forward P/E ratio of 26x. Average forward P/E is 21x in the Chemicals industry in China. Total returns to shareholders of 122% over the past three years. Announcement • Mar 31
Suzhou Kingswood Education Technology Co., Ltd. to Report Q1, 2025 Results on Apr 29, 2025 Suzhou Kingswood Education Technology Co., Ltd. announced that they will report Q1, 2025 results on Apr 29, 2025 Valuation Update With 7 Day Price Move • Feb 10
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to CN¥18.69, the stock trades at a forward P/E ratio of 37x. Average forward P/E is 19x in the Chemicals industry in China. Total returns to shareholders of 190% over the past three years. Announcement • Jan 17
Suzhou Kingswood Education Technology Co., Ltd. Announces 3rd Quarter Cash Dividend of the Year 2024 of A Shares, Payable on 22 January 2025 Suzhou Kingswood Education Technology Co., Ltd. announced 3rd quarter cash dividend/10 shares (tax included) of CNY 1.00000000 for year 2024 of A shares. Record date is 21 January 2025. Ex-date is 22 January 2025. Payment date is 22 January 2025. Valuation Update With 7 Day Price Move • Jan 03
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to CN¥14.57, the stock trades at a forward P/E ratio of 29x. Average forward P/E is 18x in the Chemicals industry in China. Total returns to shareholders of 85% over the past three years. Announcement • Dec 31
Suzhou Kingswood Education Technology Co., Ltd. to Report Fiscal Year 2024 Results on Apr 29, 2025 Suzhou Kingswood Education Technology Co., Ltd. announced that they will report fiscal year 2024 results on Apr 29, 2025 Announcement • Dec 27
Suzhou Kingswood Education Technology Co., Ltd. Proposes Cash Dividend for the Third Quarter of 2024 Suzhou Kingswood Education Technology Co., Ltd. proposed cash dividend of CNY 1.00000000 per 10 shares (tax included) for the third quarter of 2024. Valuation Update With 7 Day Price Move • Dec 16
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to CN¥18.40, the stock trades at a forward P/E ratio of 36x. Average forward P/E is 20x in the Chemicals industry in China. Total returns to shareholders of 137% over the past three years. Valuation Update With 7 Day Price Move • Nov 11
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥16.57, the stock trades at a forward P/E ratio of 33x. Average forward P/E is 19x in the Chemicals industry in China. Total returns to shareholders of 128% over the past three years. Reported Earnings • Oct 25
Third quarter 2024 earnings released: EPS: CN¥0.13 (vs CN¥0.13 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.13 (up from CN¥0.13 in 3Q 2023). Revenue: CN¥208.3m (up 2.0% from 3Q 2023). Net income: CN¥43.4m (up 3.7% from 3Q 2023). Profit margin: 21% (in line with 3Q 2023). Revenue is forecast to grow 9.9% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Chemicals industry in China. Over the last 3 years on average, earnings per share has increased by 89% per year but the company’s share price has only increased by 32% 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 18% After last week's 18% share price decline to CN¥12.88, the stock trades at a forward P/E ratio of 26x. Average forward P/E is 16x in the Chemicals industry in China. Total returns to shareholders of 63% over the past three years. Upcoming Dividend • Oct 04
Upcoming dividend of CN¥0.15 per share Eligible shareholders must have bought the stock before 11 October 2024. Payment date: 11 October 2024. Payout ratio is on the higher end at 96%, however this is supported by cash flows. Trailing yield: 2.2%. Within top quartile of Chinese dividend payers (2.2%). Higher than average of industry peers (1.8%). Announcement • Sep 30
Suzhou Kingswood Education Technology Co., Ltd. to Report Q3, 2024 Results on Oct 25, 2024 Suzhou Kingswood Education Technology Co., Ltd. announced that they will report Q3, 2024 results on Oct 25, 2024 Announcement • Sep 28
Suzhou Kingswood Education Technology Co., Ltd. Announces Interim Cash Dividend of the Year 2024 of A Shares, Payable on 11 October 2024 Suzhou Kingswood Education Technology Co., Ltd. announced interim cash dividend/10 shares (tax included) of CNY 1.50000000 for year 2024 of A shares. Record date is 10 October 2024. Ex-date is 11 October 2024. Payment date is 11 October 2024. Valuation Update With 7 Day Price Move • Sep 27
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to CN¥12.07, the stock trades at a forward P/E ratio of 25x. Average forward P/E is 16x in the Chemicals industry in China. Total returns to shareholders of 75% over the past three years. Price Target Changed • Sep 04
Price target increased by 8.3% to CN¥13.00 Up from CN¥12.00, the current price target is provided by 1 analyst. New target price is 9.7% above last closing price of CN¥11.85. Stock is up 16% over the past year. The company is forecast to post earnings per share of CN¥0.46 for next year compared to CN¥0.42 last year. Reported Earnings • Aug 28
Second quarter 2024 earnings released: EPS: CN¥0.067 (vs CN¥0.067 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.067 (in line with 2Q 2023). Revenue: CN¥182.6m (down 2.2% from 2Q 2023). Net income: CN¥22.1m (flat on 2Q 2023). Profit margin: 12% (in line with 2Q 2023). Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Chemicals industry in China. Over the last 3 years on average, earnings per share has increased by 64% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth. Buy Or Sell Opportunity • Aug 22
Now 22% undervalued Over the last 90 days, the stock has risen 2.9% to CN¥10.90. The fair value is estimated to be CN¥13.97, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 5.8% over the last 3 years. Earnings per share has grown by 38%. Revenue is forecast to grow by 30% in 2 years. Earnings are forecast to grow by 39% in the next 2 years. Buy Or Sell Opportunity • Aug 05
Now 23% undervalued The stock has been flat over the last 90 days, currently trading at CN¥10.83. The fair value is estimated to be CN¥14.02, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 5.8% over the last 3 years. Earnings per share has grown by 38%. Revenue is forecast to grow by 30% in 2 years. Earnings are forecast to grow by 39% in the next 2 years. Valuation Update With 7 Day Price Move • Jul 31
Investor sentiment improves as stock rises 22% After last week's 22% share price gain to CN¥11.42, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 15x in the Chemicals industry in China. Total returns to shareholders of 48% over the past three years. Board Change • Jul 20
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent Director Yanling Wang was the last director to join the board, commencing their role in 2024. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Buy Or Sell Opportunity • Jul 01
Now 18% undervalued after recent price drop Over the last 90 days, the stock has fallen 15% to CN¥10.00. The fair value is estimated to be CN¥12.24, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 5.8% over the last 3 years. Earnings per share has grown by 38%. Revenue is forecast to grow by 30% in 2 years. Earnings are forecast to grow by 39% in the next 2 years. Announcement • Jun 29
Suzhou Kingswood Education Technology Co., Ltd. to Report First Half, 2024 Results on Aug 28, 2024 Suzhou Kingswood Education Technology Co., Ltd. announced that they will report first half, 2024 results on Aug 28, 2024 Buy Or Sell Opportunity • Jun 27
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 15% to CN¥9.78. The fair value is estimated to be CN¥12.23, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 5.8% over the last 3 years. Earnings per share has grown by 38%. Revenue is forecast to grow by 30% in 2 years. Earnings are forecast to grow by 39% in the next 2 years. Announcement • Jun 01
Suzhou Kingswood Education Technology Co., Ltd. Announces Final Cash Dividend on A Shares for the Year 2023, Payable on 07 June 2024 Suzhou Kingswood Education Technology Co., Ltd. announced final cash dividend/10 shares (tax included) of CNY 2.70000000 on A shares for the year 2023. Record date: 06 June 2024. Ex-date: 07 June 2024. Payment date: 07 June 2024. Announcement • Apr 28
Suzhou Kingswood Education Technology Co., Ltd., Annual General Meeting, May 22, 2024 Suzhou Kingswood Education Technology Co., Ltd., Annual General Meeting, May 22, 2024, at 14:00 China Standard Time. Location: The Company's Meeting Room, Suzhou, Jiangsu China Agenda: To approve 2023 work report of the board of directors; to approve 2023 work report of the supervisory committee; to approve 2023 annual report and its summary; to approve 2023 annual accounts report; to approve 2023 profit distribution plan; to approve reappointment of audit firm; and to consider other matter. Announcement • Apr 27
Suzhou Kingswood Education Technology Co., Ltd. Announces Profit Distribution Proposal for 2023 Suzhou Kingswood Education Technology Co., Ltd. announced on 26 April 2024 the profit distribution proposal for 2023 as follows: Cash dividend/10 shares (tax included) of CNY 2.70000000. Reported Earnings • Apr 26
First quarter 2024 earnings released: EPS: CN¥0.12 (vs CN¥0.11 in 1Q 2023) First quarter 2024 results: EPS: CN¥0.12 (up from CN¥0.11 in 1Q 2023). Revenue: CN¥187.6m (up 11% from 1Q 2023). Net income: CN¥40.7m (up 14% from 1Q 2023). Profit margin: 22% (in line with 1Q 2023). Revenue is forecast to grow 13% p.a. on average during the next 2 years, compared to a 16% growth forecast for the Chemicals industry in China. Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. New Risk • Apr 17
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 13% 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 (13% average weekly change). Earnings have declined by 26% per year over the past 5 years. Valuation Update With 7 Day Price Move • Apr 16
Investor sentiment deteriorates as stock falls 20% After last week's 20% share price decline to CN¥8.47, the stock trades at a trailing P/E ratio of 23.1x. Average trailing P/E is 28x in the Chemicals industry in China. Total loss to shareholders of 37% over the past three years. Announcement • Mar 30
Suzhou Kingswood Education Technology Co., Ltd. to Report Q1, 2024 Results on Apr 26, 2024 Suzhou Kingswood Education Technology Co., Ltd. announced that they will report Q1, 2024 results on Apr 26, 2024 Valuation Update With 7 Day Price Move • Mar 21
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to CN¥11.75, the stock trades at a trailing P/E ratio of 32.1x. Average trailing P/E is 31x in the Chemicals industry in China. Total loss to shareholders of 16% over the past three years. Valuation Update With 7 Day Price Move • Mar 04
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to CN¥10.55, the stock trades at a trailing P/E ratio of 28.8x. Average trailing P/E is 29x in the Chemicals industry in China. Total loss to shareholders of 30% over the past three years. New Risk • Feb 19
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 11% 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 (11% average weekly change). Earnings have declined by 26% per year over the past 5 years. Valuation Update With 7 Day Price Move • Feb 19
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to CN¥8.25, the stock trades at a trailing P/E ratio of 22.5x. Average trailing P/E is 25x in the Chemicals industry in China. Total loss to shareholders of 45% over the past three years. Valuation Update With 7 Day Price Move • Feb 01
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to CN¥7.71, the stock trades at a trailing P/E ratio of 21x. Average trailing P/E is 28x in the Chemicals industry in China. Total loss to shareholders of 39% over the past three years. Announcement • Dec 30
Suzhou Kingswood Education Technology Co., Ltd. to Report Fiscal Year 2023 Results on Apr 26, 2024 Suzhou Kingswood Education Technology Co., Ltd. announced that they will report fiscal year 2023 results on Apr 26, 2024 New Risk • Dec 01
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: Major Risk Earnings have declined by 26% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (6.6% average weekly change). New Risk • Oct 24
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 6.1% 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: Major Risk Earnings have declined by 33% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (6.1% average weekly change). Announcement • Sep 30
Suzhou Kingswood Education Technology Co., Ltd. to Report Q3, 2023 Results on Oct 26, 2023 Suzhou Kingswood Education Technology Co., Ltd. announced that they will report Q3, 2023 results on Oct 26, 2023 Valuation Update With 7 Day Price Move • May 05
Investor sentiment improves as stock rises 24% After last week's 24% share price gain to CN¥17.30, the stock trades at a trailing P/E ratio of 76.9x. Average trailing P/E is 29x in the Chemicals industry in China. Negligible returns to shareholders over past three years. Reported Earnings • Apr 24
First quarter 2023 earnings released: EPS: CN¥0.11 (vs CN¥0.049 in 1Q 2022) First quarter 2023 results: EPS: CN¥0.11 (up from CN¥0.049 in 1Q 2022). Revenue: CN¥169.8m (down 9.2% from 1Q 2022). Net income: CN¥35.8m (up 123% from 1Q 2022). Profit margin: 21% (up from 8.6% in 1Q 2022). The increase in margin was driven by lower expenses. 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 9% per year, which means it has not declined as severely as earnings. Reported Earnings • Oct 27
Third quarter 2022 earnings released: EPS: CN¥0.08 (vs CN¥0.061 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.08 (up from CN¥0.061 in 3Q 2021). Revenue: CN¥199.5m (down 1.7% from 3Q 2021). Net income: CN¥26.5m (up 47% from 3Q 2021). Profit margin: 13% (up from 8.9% in 3Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 78 percentage points per year, which is a significant difference in performance. Reported Earnings • Aug 26
Second quarter 2022 earnings released: EPS: CN¥0.032 (vs CN¥0.06 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.032 (down from CN¥0.06 in 2Q 2021). Revenue: CN¥202.6m (down 12% from 2Q 2021). Net income: CN¥10.6m (down 42% from 2Q 2021). Profit margin: 5.2% (down from 7.9% in 2Q 2021). Over the next year, revenue is forecast to grow 44%, compared to a 42% growth forecast for the Chemicals industry in China. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 82 percentage points per year, which is a significant difference in performance. Reported Earnings • Apr 28
First quarter 2022 earnings: EPS and revenues miss analyst expectations First quarter 2022 results: EPS: CN¥0.049 (down from CN¥0.11 in 1Q 2021). Revenue: CN¥187.1m (down 12% from 1Q 2021). Net income: CN¥16.0m (down 50% from 1Q 2021). Profit margin: 8.6% (down from 15% in 1Q 2021). Revenue missed analyst estimates by 12%. Earnings per share (EPS) also missed analyst estimates by 508%. Over the next year, revenue is forecast to grow 35%, compared to a 43% 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 60 percentage points per year, which is a significant difference in performance. Board Change • Apr 27
High number of new and inexperienced directors There are 11 new directors who have joined the board in the last 3 years. The company's board is composed of: 11 new directors. No experienced directors. No highly experienced directors. Non-Employee Supervisor Hao Xu is the most experienced director on the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Valuation Update With 7 Day Price Move • Jan 24
Investor sentiment deteriorated over the past week After last week's 17% share price decline to CN¥6.90, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 19x in the Chemicals industry in China. Total loss to shareholders of 15% over the past three years. Reported Earnings • Oct 31
Third quarter 2021 earnings released: EPS CN¥0.061 (vs CN¥0.20 in 3Q 2020) The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: CN¥202.9m (down 12% from 3Q 2020). Net income: CN¥18.0m (down 68% from 3Q 2020). Profit margin: 8.9% (down from 24% in 3Q 2020). Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Oct 13
Investor sentiment improved over the past week After last week's 23% share price gain to CN¥8.70, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 19x in the Chemicals industry in China. Total returns to shareholders of 6.3% over the past three years. Reported Earnings • Aug 30
Second quarter 2021 earnings released: EPS CN¥0.06 (vs CN¥0.15 in 2Q 2020) The company reported a soft second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2021 results: Revenue: CN¥231.1m (up 8.3% from 2Q 2020). Net income: CN¥18.3m (down 54% from 2Q 2020). Profit margin: 7.9% (down from 19% in 2Q 2020). Over the last 3 years on average, earnings per share has increased by 46% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Aug 25
Investor sentiment improved over the past week After last week's 18% share price gain to CN¥9.27, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 20x in the Chemicals industry in China. Total loss to shareholders of 2.3% over the past three years. Valuation Update With 7 Day Price Move • Jul 27
Investor sentiment deteriorated over the past week After last week's 23% share price decline to CN¥7.10, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 20x in the Chemicals industry in China. Total loss to shareholders of 34% over the past three years. Announcement • Jun 04
Suzhou Kingswood Education Technology Co., Ltd. (SZSE:300192) completed the acquisition of Tianjin Lvwai Vocational High School Co., Ltd. from Mu Jiancheng and Mu Hongman. Suzhou Kingswood Education Technology Co., Ltd. (SZSE:300192) signed a share transfer agreement to acquire Tianjin Lvwai Vocational High School Co., Ltd. from Mu Jiancheng and Mu Hongman for CNY 27 million recently. Mu Jiancheng holds 80% stake meanwhile Mu Hongman holds 20% stake in Tianjin Lvwai Vocational High School respectively. In December 31, 2020, Tianjin Lvwai Vocational High School reported a total assets of CNY 23.1 million, total common equity of CNY 16.4 million, total revenues of CNY 14.4 million, EBIT of CNY 5.2 million and net income of CNY 5 million.
Suzhou Kingswood Education Technology Co., Ltd. (SZSE:300192) completed the acquisition of Tianjin Lvwai Vocational High School Co., Ltd. from Mu Jiancheng and Mu Hongman on June 2, 2021. Reported Earnings • Apr 29
First quarter 2021 earnings released: EPS CN¥0.11 (vs CN¥0.089 in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: CN¥213.4m (up 25% from 1Q 2020). Net income: CN¥31.8m (up 47% from 1Q 2020). Profit margin: 15% (up from 13% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 59% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Mar 11
Investor sentiment deteriorated over the past week After last week's 16% share price decline to CN¥13.25, the stock is trading at a trailing P/E ratio of 26.8x, down from the previous P/E ratio of 32.1x. This compares to an average P/E of 34x in the Chemicals industry in China. Total returns to shareholders over the past three years are 62%. Valuation Update With 7 Day Price Move • Feb 20
Investor sentiment improved over the past week After last week's 25% share price gain to CN¥15.13, the stock is trading at a trailing P/E ratio of 30.6x, up from the previous P/E ratio of 24.5x. This compares to an average P/E of 37x in the Chemicals industry in China. Total returns to shareholders over the past three years are 97%. Announcement • Feb 19
Suzhou Kingswood Education Technology Co., Ltd. (SZSE:300192) signed a share transfer agreement to acquire Tianjin Lvwai Vocational High School Co., Ltd. from Mu Jiancheng and Mu Hongman for CNY 27 million. Suzhou Kingswood Education Technology Co., Ltd. (SZSE:300192) signed a share transfer agreement to acquire Tianjin Lvwai Vocational High School Co., Ltd. from Mu Jiancheng and Mu Hongman for CNY 27 million recently. Mu Jiancheng holds 80% stake meanwhile Mu Hongman holds 20% stake in Tianjin Lvwai Vocational High School respectively. In December 31, 2020, Tianjin Lvwai Vocational High School reported a total assets of CNY 23.1 million, total common equity of CNY 16.4 million, total revenues of CNY 14.4 million, EBIT of CNY 5.2 million and net income of CNY 5 million. Is New 90 Day High Low • Jan 25
New 90-day low: CN¥11.70 The company is down 36% from its price of CN¥18.25 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 Chemicals industry, which is up 25% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥3.77 per share. Valuation Update With 7 Day Price Move • Jan 11
Investor sentiment deteriorated over the past week After last week's 16% share price decline to CN¥12.47, the stock is trading at a trailing P/E ratio of 25.2x, down from the previous P/E ratio of 29.9x. This compares to an average P/E of 35x in the Chemicals industry in China. Total returns to shareholders over the past three years were flat. Is New 90 Day High Low • Dec 24
New 90-day low: CN¥14.00 The company is down 30% from its price of CN¥20.11 on 25 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 Chemicals 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¥3.81 per share. Is New 90 Day High Low • Dec 07
New 90-day low: CN¥17.02 The company is down 26% from its price of CN¥23.03 on 08 September 2020. The Chinese market is up 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 7.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥3.36 per share. Reported Earnings • Oct 30
Third quarter earnings released Over the last 12 months the company has reported total profits of CN¥130.9m, up 120% from the prior year. Total revenue was CN¥877.6m over the last 12 months, down 7.1% from the prior year. Is New 90 Day High Low • Oct 21
New 90-day low: CN¥18.44 The company is down 21% from its price of CN¥23.25 on 23 July 2020. The Chinese market is flat over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 5.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥3.11 per share. Is New 90 Day High Low • Oct 04
New 90-day low: CN¥19.21 The company is down 1.0% from its price of CN¥19.50 on 06 July 2020. The Chinese market is up 4.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 11% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥3.10 per share. Announcement • Aug 13
Suzhou Kingswood Printing Ink Co., Ltd. to Report First Half, 2020 Results on Aug 28, 2020 Suzhou Kingswood Printing Ink Co., Ltd. announced that they will report first half, 2020 results on Aug 28, 2020 
