New Risk • Jun 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 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. This is currently the only risk that has been identified for the company. Announcement • Apr 25
Guangzhou Guanggang Gases & Energy Co.,Ltd., Annual General Meeting, May 29, 2026 Guangzhou Guanggang Gases & Energy Co.,Ltd., Annual General Meeting, May 29, 2026, at 14:00 China Standard Time. Location: No. 2, Fangcun Avenue, Baihedong Subdistrict, Liwan District, Guangzhou, Guangdong China Reported Earnings • Apr 25
First quarter 2026 earnings released: EPS: CN¥0.07 (vs CN¥0.04 in 1Q 2025) First quarter 2026 results: EPS: CN¥0.07 (up from CN¥0.04 in 1Q 2025). Revenue: CN¥606.4m (up 11% from 1Q 2025). Net income: CN¥91.8m (up 63% from 1Q 2025). Profit margin: 15% (up from 10% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 21% p.a. on average during the next 2 years, compared to a 15% growth forecast for the Chemicals industry in China. Announcement • Mar 30
Guangzhou Guanggang Gases & Energy Co.,Ltd. to Report Q1, 2026 Results on Apr 25, 2026 Guangzhou Guanggang Gases & Energy Co.,Ltd. announced that they will report Q1, 2026 results on Apr 25, 2026 Buy Or Sell Opportunity • Feb 10
Now 20% overvalued after recent price rise Over the last 90 days, the stock has risen 69% to CN¥21.51. The fair value is estimated to be CN¥17.91, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Earnings per share has declined by 17%. Revenue is forecast to grow by 48% in 2 years. Earnings are forecast to grow by 71% in the next 2 years. Reported Earnings • Feb 03
Full year 2025 earnings: EPS exceeds analyst expectations while revenues lag behind Full year 2025 results: EPS: CN¥0.22 (up from CN¥0.19 in FY 2024). Revenue: CN¥2.42b (up 15% from FY 2024). Net income: CN¥286.1m (up 15% from FY 2024). Profit margin: 12% (in line with FY 2024). Revenue missed analyst estimates by 2.1%. Earnings per share (EPS) exceeded analyst estimates by 4.5%. Revenue is forecast to grow 19% p.a. on average during the next 2 years, compared to a 16% growth forecast for the Chemicals industry in China. Buy Or Sell Opportunity • Jan 16
Now 27% overvalued after recent price rise Over the last 90 days, the stock has risen 80% to CN¥21.99. The fair value is estimated to be CN¥17.38, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Earnings per share has declined by 20%. Revenue is forecast to grow by 48% in 2 years. Earnings are forecast to grow by 73% in the next 2 years. New Risk • Jan 07
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: Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (7.4% average weekly change). Announcement • Dec 26
Guangzhou Guanggang Gases & Energy Co.,Ltd. to Report Fiscal Year 2025 Results on Apr 25, 2026 Guangzhou Guanggang Gases & Energy Co.,Ltd. announced that they will report fiscal year 2025 results on Apr 25, 2026 Reported Earnings • Oct 31
Third quarter 2025 earnings: EPS and revenues miss analyst expectations Third quarter 2025 results: EPS: CN¥0.059 (up from CN¥0.039 in 3Q 2024). Revenue: CN¥606.6m (up 15% from 3Q 2024). Net income: CN¥83.1m (up 83% from 3Q 2024). Profit margin: 14% (up from 8.7% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 14%. Earnings per share (EPS) also missed analyst estimates by 5.1%. Revenue is forecast to grow 20% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Chemicals industry in China. Price Target Changed • Oct 31
Price target increased by 9.5% to CN¥14.35 Up from CN¥13.10, the current price target is an average from 2 analysts. New target price is 6.7% above last closing price of CN¥13.45. Stock is up 48% over the past year. The company is forecast to post earnings per share of CN¥0.21 for next year compared to CN¥0.19 last year. Upcoming Dividend • Oct 07
Upcoming dividend of CN¥0.037 per share Eligible shareholders must have bought the stock before 14 October 2025. Payment date: 14 October 2025. Payout ratio is a comfortable 46% but the company is not cash flow positive. Trailing yield: 0.7%. Lower than top quartile of Chinese dividend payers (1.9%). Lower than average of industry peers (1.4%). Announcement • Sep 30
Guangzhou Guanggang Gases & Energy Co.,Ltd. to Report Q3, 2025 Results on Oct 31, 2025 Guangzhou Guanggang Gases & Energy Co.,Ltd. announced that they will report Q3, 2025 results on Oct 31, 2025 Major Estimate Revision • Aug 16
Consensus EPS estimates fall by 21% The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from CN¥2.66b to CN¥2.49b. EPS estimate also fell from CN¥0.281 per share to CN¥0.224 per share. Net income forecast to grow 67% next year vs 47% growth forecast for Chemicals industry in China. Consensus price target of CN¥13.40 unchanged from last update. Share price rose 11% to CN¥11.37 over the past week. Reported Earnings • Aug 13
Second quarter 2025 earnings: EPS and revenues miss analyst expectations Second quarter 2025 results: EPS: CN¥0.051. Revenue: CN¥566.1m (up 11% from 2Q 2024). Net income: CN¥61.1m (down 11% from 2Q 2024). Profit margin: 11% (down from 13% in 2Q 2024). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 16%. Earnings per share (EPS) also missed analyst estimates by 32%. Revenue is forecast to grow 20% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Chemicals industry in China. Major Estimate Revision • Aug 09
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¥2.66b to CN¥2.56b. EPS estimate also fell from CN¥0.281 per share to CN¥0.211 per share. Net income forecast to grow 68% next year vs 43% growth forecast for Chemicals industry in China. Consensus price target up from CN¥13.10 to CN¥13.40. Share price rose 3.0% to CN¥10.21 over the past week. Announcement • Jun 30
Guangzhou Guanggang Gases & Energy Co.,Ltd. to Report First Half, 2025 Results on Aug 09, 2025 Guangzhou Guanggang Gases & Energy Co.,Ltd. announced that they will report first half, 2025 results on Aug 09, 2025 Announcement • Apr 26
Guangzhou Guanggang Gases & Energy Co.,Ltd., Annual General Meeting, May 20, 2025 Guangzhou Guanggang Gases & Energy Co.,Ltd., Annual General Meeting, May 20, 2025, at 14:00 China Standard Time. Location: No. 2, Fangcun Avenue East, Baihedong Subdistrict, Liwan District, Guangzhou, Guangdong China Reported Earnings • Mar 30
Full year 2024 earnings: EPS and revenues exceed analyst expectations Full year 2024 results: EPS: CN¥0.19 (down from CN¥0.29 in FY 2023). Revenue: CN¥2.10b (up 15% from FY 2023). Net income: CN¥248.0m (down 22% from FY 2023). Profit margin: 12% (down from 17% in FY 2023). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 1.6%. Earnings per share (EPS) also surpassed analyst estimates by 4.5%. Revenue is forecast to grow 23% p.a. on average during the next 2 years, compared to a 16% growth forecast for the Chemicals industry in China. Announcement • Mar 28
Guangzhou Guanggang Gases & Energy Co.,Ltd. to Report Q1, 2025 Results on Apr 22, 2025 Guangzhou Guanggang Gases & Energy Co.,Ltd. announced that they will report Q1, 2025 results on Apr 22, 2025 Price Target Changed • Mar 03
Price target increased by 13% to CN¥13.01 Up from CN¥11.47, the current price target is an average from 2 analysts. New target price is 22% above last closing price of CN¥10.63. Stock is down 2.0% over the past year. The company is forecast to post earnings per share of CN¥0.29 for next year compared to CN¥0.18 last year. Reported Earnings • Feb 19
Full year 2024 earnings: Revenues exceed analysts expectations while EPS lags behind Full year 2024 results: EPS: CN¥0.18 (down from CN¥0.29 in FY 2023). Revenue: CN¥2.10b (up 14% from FY 2023). Net income: CN¥240.5m (down 25% from FY 2023). Profit margin: 12% (down from 17% in FY 2023). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 1.4%. Earnings per share (EPS) missed analyst estimates by 1.0%. Revenue is forecast to grow 24% p.a. on average during the next 2 years, compared to a 16% growth forecast for the Chemicals industry in China. Announcement • Dec 27
Guangzhou Guanggang Gases & Energy Co.,Ltd. to Report Fiscal Year 2024 Results on Mar 29, 2025 Guangzhou Guanggang Gases & Energy Co.,Ltd. announced that they will report fiscal year 2024 results on Mar 29, 2025 Valuation Update With 7 Day Price Move • Nov 11
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to CN¥10.72, the stock trades at a forward P/E ratio of 36x. Average forward P/E is 19x in the Chemicals industry in China. Total loss to shareholders of 20% over the past year. Reported Earnings • Oct 31
Third quarter 2024 earnings: EPS and revenues miss analyst expectations Third quarter 2024 results: EPS: CN¥0.039 (down from CN¥0.061 in 3Q 2023). Revenue: CN¥525.6m (up 14% from 3Q 2023). Net income: CN¥45.5m (down 33% from 3Q 2023). Profit margin: 8.7% (down from 15% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 16%. Earnings per share (EPS) also missed analyst estimates by 59%. Revenue is forecast to grow 28% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Chemicals industry in China. Major Estimate Revision • Oct 29
Consensus EPS estimates fall by 26%, revenue upgraded The consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast increased from CN¥2.18b to CN¥2.23b. EPS estimate fell from CN¥0.249 to CN¥0.184 per share. Net income forecast to grow 37% next year vs 47% growth forecast for Chemicals industry in China. Consensus price target down from CN¥11.10 to CN¥10.85. Share price fell 2.6% to CN¥9.05 over the past week. Announcement • Sep 30
Guangzhou Guanggang Gases & Energy Co.,Ltd. to Report Q3, 2024 Results on Oct 29, 2024 Guangzhou Guanggang Gases & Energy Co.,Ltd. announced that they will report Q3, 2024 results on Oct 29, 2024 Valuation Update With 7 Day Price Move • Sep 30
Investor sentiment improves as stock rises 27% After last week's 27% share price gain to CN¥8.98, the stock trades at a forward P/E ratio of 29x. Average forward P/E is 16x in the Chemicals industry in China. Total loss to shareholders of 17% over the past year. Reported Earnings • Jul 31
Second quarter 2024 earnings: EPS and revenues miss analyst expectations Second quarter 2024 results: EPS: CN¥0.05 (down from CN¥0.08 in 2Q 2023). Revenue: CN¥511.9m (up 6.2% from 2Q 2023). Net income: CN¥68.6m (down 18% from 2Q 2023). Profit margin: 13% (down from 17% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 14%. Earnings per share (EPS) also missed analyst estimates by 23%. Revenue is forecast to grow 29% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Chemicals industry in China. Announcement • Jun 28
Guangzhou Guanggang Gases & Energy Co.,Ltd. to Report First Half, 2024 Results on Jul 31, 2024 Guangzhou Guanggang Gases & Energy Co.,Ltd. announced that they will report first half, 2024 results on Jul 31, 2024 Announcement • Mar 29
Guangzhou Guanggang Gases & Energy Co.,Ltd. to Report Q1, 2024 Results on Apr 20, 2024 Guangzhou Guanggang Gases & Energy Co.,Ltd. announced that they will report Q1, 2024 results on Apr 20, 2024 Announcement • Mar 27
Guangzhou Guanggang Gases & Energy Co.,Ltd., Annual General Meeting, Apr 25, 2024 Guangzhou Guanggang Gases & Energy Co.,Ltd., Annual General Meeting, Apr 25, 2024, at 14:00 China Standard Time. Location: B15, No. 2, Fangcun Avenue East, Baihedong Subdistrict, Liwan District, Guangzhou, Guangdong China Reported Earnings • Mar 26
Full year 2023 earnings: EPS exceeds analyst expectations while revenues lag behind Full year 2023 results: EPS: CN¥0.29 (up from CN¥0.24 in FY 2022). Revenue: CN¥1.84b (up 19% from FY 2022). Net income: CN¥319.6m (up 36% from FY 2022). Profit margin: 17% (up from 15% in FY 2022). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 1.3%. Earnings per share (EPS) exceeded analyst estimates by 26%. Revenue is forecast to grow 26% p.a. on average during the next 2 years, compared to a 17% growth forecast for the Chemicals industry in China. Reported Earnings • Feb 24
Full year 2023 earnings: EPS exceeds analyst expectations while revenues lag behind Full year 2023 results: EPS: CN¥0.29 (up from CN¥0.24 in FY 2022). Revenue: CN¥1.84b (up 19% from FY 2022). Net income: CN¥319.5m (up 36% from FY 2022). Profit margin: 17% (up from 15% in FY 2022). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 1.3%. Earnings per share (EPS) exceeded analyst estimates by 26%. Revenue is forecast to grow 26% p.a. on average during the next 2 years, compared to a 18% growth forecast for the Chemicals industry in China. Valuation Update With 7 Day Price Move • Feb 12
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥10.79, the stock trades at a forward P/E ratio of 38x. Average forward P/E is 14x in the Chemicals industry in China. Reported Earnings • Oct 27
Third quarter 2023 earnings released: EPS: CN¥0.061 (vs CN¥0.085 in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.061 (down from CN¥0.085 in 3Q 2022). Revenue: CN¥459.8m (up 5.4% from 3Q 2022). Net income: CN¥68.3m (down 18% from 3Q 2022). Profit margin: 15% (down from 19% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 23% p.a. on average during the next 3 years, compared to a 19% growth forecast for the Chemicals industry in China. Reported Earnings • Aug 16
Second quarter 2023 earnings released Second quarter 2023 results: Net income: CN¥83.8m (up CN¥83.8m from 2Q 2022). Board Change • Aug 15
Less than half of directors are independent There are 5 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 5 new directors. No experienced directors. No highly experienced directors. 1 independent director (3 non-independent directors). Chairman of the Supervisory Board MIn Lin is the most experienced director on the board, commencing their role in 2021. Independent Director Xiaoqian Ma was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors.