Announcement • Jun 30
Sailun Group Co., Ltd. to Report First Half, 2026 Results on Aug 31, 2026 Sailun Group Co., Ltd. announced that they will report first half, 2026 results on Aug 31, 2026 Declared Dividend • Jun 04
Dividend reduced to CN¥0.18 Dividend of CN¥0.18 is 22% lower than last year. Ex-date: 5th June 2026 Payment date: 5th June 2026 Dividend yield will be 2.7%, which is higher than the industry average of 1.8%. Sustainability & Growth Dividend is covered by earnings (31% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 22% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 78% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Apr 28
Full year 2025 earnings: EPS and revenues miss analyst expectations Full year 2025 results: EPS: CN¥1.08 (down from CN¥1.26 in FY 2024). Revenue: CN¥36.8b (up 16% from FY 2024). Net income: CN¥3.52b (down 13% from FY 2024). Profit margin: 9.6% (down from 13% in FY 2024). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 1.2%. Earnings per share (EPS) also missed analyst estimates by 13%. Revenue is forecast to grow 14% p.a. on average during the next 2 years, compared to a 17% growth forecast for the Auto Components industry in China. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth. Announcement • Apr 28
Sailun Group Co., Ltd., Annual General Meeting, May 22, 2026 Sailun Group Co., Ltd., Annual General Meeting, May 22, 2026, at 14:30 China Standard Time. Location: No. 43, Zhengzhou Road, Qingdao, Shandong China Announcement • Mar 30
Sailun Group Co., Ltd. to Report Q1, 2026 Results on Apr 28, 2026 Sailun Group Co., Ltd. announced that they will report Q1, 2026 results on Apr 28, 2026 Announcement • Dec 26
Sailun Group Co., Ltd. to Report Fiscal Year 2025 Results on Apr 28, 2026 Sailun Group Co., Ltd. announced that they will report fiscal year 2025 results on Apr 28, 2026 New Risk • Oct 29
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 20% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (20% accrual ratio). Minor Risk Paying a dividend despite having no free cash flows. Announcement • Sep 30
Sailun Group Co., Ltd. to Report Q3, 2025 Results on Oct 29, 2025 Sailun Group Co., Ltd. announced that they will report Q3, 2025 results on Oct 29, 2025 Reported Earnings • Aug 27
Second quarter 2025 earnings released: EPS: CN¥0.24 (vs CN¥0.33 in 2Q 2024) Second quarter 2025 results: EPS: CN¥0.24 (down from CN¥0.33 in 2Q 2024). Revenue: CN¥9.18b (up 17% from 2Q 2024). Net income: CN¥792.4m (down 29% from 2Q 2024). Profit margin: 8.6% (down from 14% in 2Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 17% growth forecast for the Auto Components industry in China. Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth. Announcement • Jun 30
Sailun Group Co., Ltd. to Report First Half, 2025 Results on Aug 26, 2025 Sailun Group Co., Ltd. announced that they will report first half, 2025 results on Aug 26, 2025 Announcement • Jun 24
Sailun Group Co., Ltd.(SHSE:601058) dropped from Shanghai Stock Exchange 180 Value Index Sailun Group Co., Ltd removed Declared Dividend • Jun 09
Dividend of CN¥0.23 announced Shareholders will receive a dividend of CN¥0.23. Ex-date: 11th June 2025 Payment date: 11th June 2025 Dividend yield will be 3.1%, which is higher than the industry average of 1.8%. Sustainability & Growth Dividend is covered by earnings (30% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 25% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 49% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Major Estimate Revision • May 06
Consensus EPS estimates fall by 15% The consensus outlook for fiscal year 2025 has been updated. 2025 EPS estimate fell from CN¥1.54 to CN¥1.31 per share. Revenue forecast steady at CN¥37.4b. Net income forecast to grow 12% next year vs 39% growth forecast for Auto Components industry in China. Consensus price target down from CN¥19.44 to CN¥17.69. Share price was steady at CN¥12.22 over the past week. Price Target Changed • May 05
Price target decreased by 9.0% to CN¥17.69 Down from CN¥19.44, the current price target is an average from 4 analysts. New target price is 45% above last closing price of CN¥12.22. Stock is down 23% over the past year. The company is forecast to post earnings per share of CN¥1.44 for next year compared to CN¥1.26 last year. Reported Earnings • May 02
First quarter 2025 earnings released: EPS: CN¥0.32 (vs CN¥0.33 in 1Q 2024) First quarter 2025 results: EPS: CN¥0.32. Revenue: CN¥8.41b (up 15% from 1Q 2024). Net income: CN¥1.04b (flat on 1Q 2024). Profit margin: 12% (down from 14% in 1Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 17% growth forecast for the Auto Components industry in China. Announcement • Apr 29
Sailun Group Co., Ltd., Annual General Meeting, May 23, 2025 Sailun Group Co., Ltd., Annual General Meeting, May 23, 2025, at 14:30 China Standard Time. Valuation Update With 7 Day Price Move • Apr 07
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to CN¥12.15, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 21x in the Auto Components industry in China. Total returns to shareholders of 40% over the past three years. Announcement • Mar 28
Sailun Group Co., Ltd. to Report Q1, 2025 Results on Apr 29, 2025 Sailun Group Co., Ltd. announced that they will report Q1, 2025 results on Apr 29, 2025 Announcement • Dec 27
Sailun Group Co., Ltd. to Report Fiscal Year 2024 Results on Apr 29, 2025 Sailun Group 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¥0.35 (vs CN¥0.32 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.35 (up from CN¥0.32 in 3Q 2023). Revenue: CN¥8.47b (up 15% from 3Q 2023). Net income: CN¥1.09b (up 12% from 3Q 2023). Profit margin: 13% (in line with 3Q 2023). Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Auto Components industry in China. 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. Announcement • Sep 30
Sailun Group Co., Ltd. to Report Q3, 2024 Results on Oct 30, 2024 Sailun Group Co., Ltd. announced that they will report Q3, 2024 results on Oct 30, 2024 Valuation Update With 7 Day Price Move • Sep 30
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥16.04, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 15x in the Auto Components industry in China. Total returns to shareholders of 46% over the past three years. Price Target Changed • Aug 24
Price target decreased by 8.6% to CN¥19.43 Down from CN¥21.27, the current price target is an average from 4 analysts. New target price is 61% above last closing price of CN¥12.10. Stock is up 4.6% over the past year. The company is forecast to post earnings per share of CN¥1.32 for next year compared to CN¥1.01 last year. Reported Earnings • Aug 23
Second quarter 2024 earnings released: EPS: CN¥0.33 (vs CN¥0.22 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.33 (up from CN¥0.22 in 2Q 2023). Revenue: CN¥7.86b (up 26% from 2Q 2023). Net income: CN¥1.12b (up 62% from 2Q 2023). Profit margin: 14% (up from 11% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Auto Components 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 only increased by 12% per year, which means it is significantly lagging earnings growth. Announcement • Jun 28
Sailun Group Co., Ltd. to Report First Half, 2024 Results on Aug 23, 2024 Sailun Group Co., Ltd. announced that they will report first half, 2024 results on Aug 23, 2024 Declared Dividend • Jun 05
Dividend of CN¥0.17 announced Shareholders will receive a dividend of CN¥0.17. Ex-date: 7th June 2024 Payment date: 7th June 2024 Dividend yield will be 1.2%, which is lower than the industry average of 1.8%. Sustainability & Growth Dividend is well covered by both earnings (14% earnings payout ratio) and cash flows (27% cash payout ratio). The dividend has increased by an average of 14% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 41% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Price Target Changed • Apr 30
Price target increased by 13% to CN¥17.93 Up from CN¥15.89, the current price target is an average from 3 analysts. New target price is 8.0% above last closing price of CN¥16.60. Stock is up 62% over the past year. The company is forecast to post earnings per share of CN¥1.14 for next year compared to CN¥1.01 last year. Announcement • Apr 29
Sailun Group Co., Ltd., Annual General Meeting, May 17, 2024 Sailun Group Co., Ltd., Annual General Meeting, May 17, 2024, at 14:00 China Standard Time. Location: No. 43, Zhengzhou Road, Qingdao, Shandong China Reported Earnings • Apr 27
First quarter 2024 earnings released: EPS: CN¥0.33 (vs CN¥0.12 in 1Q 2023) First quarter 2024 results: EPS: CN¥0.33 (up from CN¥0.12 in 1Q 2023). Revenue: CN¥7.30b (up 36% from 1Q 2023). Net income: CN¥1.03b (up 191% from 1Q 2023). Profit margin: 14% (up from 6.6% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 14% p.a. on average during the next 2 years, compared to a 18% growth forecast for the Auto Components industry in China. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth. Announcement • Mar 29
Sailun Group Co., Ltd. to Report Q1, 2024 Results on Apr 27, 2024 Sailun Group Co., Ltd. announced that they will report Q1, 2024 results on Apr 27, 2024 Buy Or Sell Opportunity • Feb 28
Now 21% undervalued Over the last 90 days, the stock has risen 31% to CN¥13.96. The fair value is estimated to be CN¥17.75, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 16% over the last 3 years. Earnings per share has declined by 3.4%. Revenue is forecast to grow by 42% in 2 years. Earnings are forecast to grow by 71% in the next 2 years. New Risk • Jan 06
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.1% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. This is currently the only risk that has been identified for the company. Announcement • Dec 30
Sailun Group Co., Ltd. to Report Fiscal Year 2023 Results on Apr 27, 2024 Sailun Group Co., Ltd. announced that they will report fiscal year 2023 results on Apr 27, 2024 Reported Earnings • Nov 01
Third quarter 2023 earnings released: EPS: CN¥0.32 (vs CN¥0.12 in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.32 (up from CN¥0.12 in 3Q 2022). Revenue: CN¥7.38b (up 19% from 3Q 2022). Net income: CN¥979.5m (up 180% from 3Q 2022). Profit margin: 13% (up from 5.6% in 3Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 22% growth forecast for the Auto Components industry in China. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 31% per year, which means it is well ahead of earnings. Announcement • Sep 30
Sailun Group Co., Ltd. to Report Q3, 2023 Results on Oct 30, 2023 Sailun Group Co., Ltd. announced that they will report Q3, 2023 results on Oct 30, 2023 Major Estimate Revision • Sep 06
Consensus EPS estimates increase by 17%, revenue downgraded The consensus outlook for fiscal year 2023 has been updated. 2023 revenue forecast fell from CN¥25.8b to CN¥25.3b. EPS estimate rose from CN¥0.608 to CN¥0.709. Net income forecast to grow 46% next year vs 44% growth forecast for Auto Components industry in China. Consensus price target of CN¥16.43 unchanged from last update. Share price rose 4.5% to CN¥12.48 over the past week. Reported Earnings • Aug 31
Second quarter 2023 earnings released: EPS: CN¥0.22 (vs CN¥0.12 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.22 (up from CN¥0.12 in 2Q 2022). Revenue: CN¥6.26b (up 11% from 2Q 2022). Net income: CN¥690.6m (up 76% from 2Q 2022). Profit margin: 11% (up from 7.0% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 21% growth forecast for the Auto Components industry in China. Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has increased by 43% per year, which means it is well ahead of earnings. Announcement • Jun 28
Sailun Group Co., Ltd. to Report First Half, 2023 Results on Aug 31, 2023 Sailun Group Co., Ltd. announced that they will report first half, 2023 results on Aug 31, 2023 Price Target Changed • Jun 06
Price target increased by 10% to CN¥12.99 Up from CN¥11.76, the current price target is an average from 3 analysts. New target price is 26% above last closing price of CN¥10.34. Stock is down 9.3% over the past year. The company is forecast to post earnings per share of CN¥0.61 for next year compared to CN¥0.44 last year. Major Estimate Revision • May 08
Consensus EPS estimates fall by 19%, revenue upgraded The consensus outlook for fiscal year 2023 has been updated. 2023 revenue forecast increased from CN¥27.4b to CN¥28.1b. EPS estimate fell from CN¥0.75 to CN¥0.61 per share. Net income forecast to grow 40% next year vs 50% growth forecast for Auto Components industry in China. Consensus price target of CN¥11.76 unchanged from last update. Share price fell 2.6% to CN¥10.00 over the past week. Reported Earnings • Apr 29
First quarter 2023 earnings released: EPS: CN¥0.12 (vs CN¥0.11 in 1Q 2022) First quarter 2023 results: EPS: CN¥0.12 (up from CN¥0.11 in 1Q 2022). Revenue: CN¥5.37b (up 10% from 1Q 2022). Net income: CN¥355.0m (up 10% from 1Q 2022). Profit margin: 6.6% (in line with 1Q 2022). Revenue is forecast to grow 21% p.a. on average during the next 2 years, compared to a 20% growth forecast for the Auto Components industry in China. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has increased by 32% per year, which means it is well ahead of earnings. Board Change • Nov 16
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. 6 highly experienced directors. 4 independent directors (7 non-independent directors). Independent Director Jianqiang Sun was the last independent director to join the board, commencing their role in 2014. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Valuation Update With 7 Day Price Move • Nov 06
Investor sentiment improved over the past week After last week's 18% share price gain to CN¥9.33, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 26x in the Auto Components industry in China. Total returns to shareholders of 119% over the past three years. Reported Earnings • Oct 31
Third quarter 2022 earnings released: EPS: CN¥0.12 (vs CN¥0.10 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.12 (up from CN¥0.10 in 3Q 2021). Revenue: CN¥6.22b (up 36% from 3Q 2021). Net income: CN¥350.1m (up 17% from 3Q 2021). Profit margin: 5.6% (down from 6.5% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 24% growth forecast for the Auto Components industry in China. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 27% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Oct 21
Investor sentiment deteriorated over the past week After last week's 16% share price decline to CN¥8.60, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 26x in the Auto Components industry in China. Total returns to shareholders of 134% over the past three years. Price Target Changed • Oct 16
Price target increased to CN¥14.38 Up from CN¥13.25, the current price target is an average from 3 analysts. New target price is 44% above last closing price of CN¥10.00. Stock is down 20% over the past year. The company is forecast to post earnings per share of CN¥0.63 for next year compared to CN¥0.45 last year. Reported Earnings • Aug 24
Second quarter 2022 earnings released: EPS: CN¥0.12 (vs CN¥0.10 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.12 (up from CN¥0.10 in 2Q 2021). Revenue: CN¥5.63b (up 25% from 2Q 2021). Net income: CN¥392.9m (up 30% from 2Q 2021). Profit margin: 7.0% (up from 6.7% in 2Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 27%, compared to a 36% growth forecast for the Auto Components industry in China. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has increased by 47% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • May 02
First quarter 2022 earnings: EPS misses analyst expectations First quarter 2022 results: EPS: CN¥0.11 (down from CN¥0.15 in 1Q 2021). Revenue: CN¥4.86b (up 17% from 1Q 2021). Net income: CN¥321.8m (down 20% from 1Q 2021). Profit margin: 6.6% (down from 9.6% in 1Q 2021). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 2.9%. Over the next year, revenue is forecast to grow 28%, compared to a 32% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has increased by 45% per year, which means it is tracking significantly ahead of earnings growth. Price Target Changed • Apr 27
Price target decreased to CN¥15.71 Down from CN¥17.10, the current price target is an average from 6 analysts. New target price is 77% above last closing price of CN¥8.88. Stock is down 15% over the past year. The company is forecast to post earnings per share of CN¥0.66 for next year compared to CN¥0.45 last year. Board Change • Apr 27
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. 6 highly experienced directors. 4 independent directors (8 non-independent directors). Independent Director Jianqiang Sun was the last independent director to join the board, commencing their role in 2014. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Price Target Changed • Apr 08
Price target decreased to CN¥15.71 Down from CN¥17.10, the current price target is an average from 6 analysts. New target price is 63% above last closing price of CN¥9.64. Stock is up 2.6% over the past year. The company is forecast to post earnings per share of CN¥0.66 for next year compared to CN¥0.45 last year. Reported Earnings • Apr 03
Full year 2021 earnings: EPS misses analyst expectations Full year 2021 results: EPS: CN¥0.45 (down from CN¥0.62 in FY 2020). Revenue: CN¥18.0b (up 17% from FY 2020). Net income: CN¥1.31b (down 12% from FY 2020). Profit margin: 7.3% (down from 9.7% in FY 2020). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 8.5%. Over the next year, revenue is forecast to grow 23%, compared to a 32% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has increased by 44% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Mar 07
Investor sentiment deteriorated over the past week After last week's 18% share price decline to CN¥9.85, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 23x in the Auto Components industry in China. Total returns to shareholders of 259% over the past three years. Valuation Update With 7 Day Price Move • Nov 16
Investor sentiment deteriorated over the past week After last week's 15% share price decline to CN¥13.54, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 24x in the Auto Components industry in China. Total returns to shareholders of 450% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥25.68 per share. Price Target Changed • Nov 07
Price target increased to CN¥16.33 Up from CN¥13.64, the current price target is an average from 6 analysts. New target price is 9.1% above last closing price of CN¥14.97. Stock is up 170% over the past year. The company is forecast to post earnings per share of CN¥0.50 for next year compared to CN¥0.62 last year. Reported Earnings • Oct 31
Third quarter 2021 earnings released: EPS CN¥0.10 (vs CN¥0.21 in 3Q 2020) The company reported a soft third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: CN¥4.59b (up 5.2% from 3Q 2020). Net income: CN¥298.8m (down 45% from 3Q 2020). Profit margin: 6.5% (down from 12% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has increased by 79% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Sep 29
Investor sentiment improved over the past week After last week's 16% share price gain to CN¥11.20, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 18x in the Auto Components industry in China. Total returns to shareholders of 375% over the past three years. Price Target Changed • Sep 04
Price target decreased to CN¥11.15 Down from CN¥12.13, the current price target is an average from 3 analysts. New target price is 11% above last closing price of CN¥10.02. Stock is up 138% over the past year. Valuation Update With 7 Day Price Move • Sep 01
Investor sentiment improved over the past week After last week's 15% share price gain to CN¥10.45, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 20x in the Auto Components industry in China. Total returns to shareholders of 333% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥14.22 per share. Reported Earnings • Aug 31
Second quarter 2021 earnings released: EPS CN¥0.10 (vs CN¥0.14 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¥4.50b (up 26% from 2Q 2020). Net income: CN¥303.4m (down 16% from 2Q 2020). Profit margin: 6.7% (down from 10% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has increased by 57% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • May 28
Investor sentiment improved over the past week After last week's 17% share price gain to CN¥11.31, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 19x in the Auto Components industry in China. Total returns to shareholders of 320% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥14.45 per share. Reported Earnings • Apr 27
First quarter 2021 earnings released: EPS CN¥0.15 (vs CN¥0.11 in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: CN¥4.15b (up 28% from 1Q 2020). Net income: CN¥400.1m (up 47% from 1Q 2020). Profit margin: 9.6% (up from 8.4% 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 40% per year but the company’s share price has increased by 55% per year, which means it is tracking significantly ahead of earnings growth. Is New 90 Day High Low • Feb 23
New 90-day high: CN¥10.51 The company is up 72% from its price of CN¥6.10 on 25 November 2020. The Chinese market is up 7.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Auto Components industry, which is down 3.0% over the same period. Valuation Update With 7 Day Price Move • Feb 02
Investor sentiment improved over the past week After last week's 18% share price gain to CN¥9.88, the stock is trading at a trailing P/E ratio of 16.9x, up from the previous P/E ratio of 14.3x. This compares to an average P/E of 33x in the Auto Components industry in China. Total returns to shareholders over the past three years are 238%. Is New 90 Day High Low • Feb 01
New 90-day high: CN¥9.68 The company is up 98% from its price of CN¥4.88 on 03 November 2020. The Chinese market is up 7.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Auto Components industry, which is up 1.0% over the same period. Valuation Update With 7 Day Price Move • Jan 04
Investor sentiment improved over the past week After last week's 19% share price gain to CN¥6.64, the stock is trading at a trailing P/E ratio of 11.3x, up from the previous P/E ratio of 9.5x. This compares to an average P/E of 36x in the Auto Components industry in China. Total returns to shareholders over the past three years are 94%. Is New 90 Day High Low • Jan 04
New 90-day high: CN¥6.64 The company is up 49% from its price of CN¥4.47 on 30 September 2020. The Chinese market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Auto Components industry, which is up 8.0% over the same period. Valuation Update With 7 Day Price Move • Dec 31
Investor sentiment improved over the past week After last week's 16% share price gain to CN¥6.04, the stock is trading at a trailing P/E ratio of 10.3x, up from the previous P/E ratio of 8.9x. This compares to an average P/E of 35x in the Auto Components industry in China. Total returns to shareholders over the past three years are 76%. Price Target Changed • Dec 07
Price target raised to CN¥7.15 Up from CN¥6.02, the current price target is an average from 2 analysts. The new target price is 29% above the current share price of CN¥5.56. As of last close, the stock is up 26% over the past year. Announcement • Nov 25
Yuan Zhongxue completed the acquisition of 5.40% stake in Sailun Group Co., Ltd. from Du Yudai. Yuan Zhongxue signed a share transfer agreement to acquire 5.40% stake in Sailun Group Co., Ltd. from Du Yudai for approximately CNY 710 million on November 4, 2020. The consideration shall be paid in two installments, first installment of CNY 400 million within five working days after this agreement is signed and second installment of CNY 312 million, Within 5 working days after the relevant conditions are met. Currently, Du Yudai held 9.54% stake in Sailun Group Co., Ltd. and Yuan Zhongxue holds 2.48% stake. Post completion, Yuan Zhongxue will directly hold 7.49% stake and Du Yudai will hold 4.21% stake in Sailun Group Co., Ltd.
Yuan Zhongxue completed the acquisition of 5.40% stake in Sailun Group Co., Ltd. from Du Yudai on November 23, 2020. Valuation Update With 7 Day Price Move • Nov 18
Market bids up stock over the past week After last week's 19% share price gain to CN¥6.42, the stock is trading at a trailing P/E ratio of 11x, up from the previous P/E ratio of 9.2x. This compares to an average P/E of 40x in the Auto Components industry in China. Total returns to shareholders over the past three years are 101%. Valuation Update With 7 Day Price Move • Nov 16
Market bids up stock over the past week After last week's 15% share price gain to CN¥6.34, the stock is trading at a trailing P/E ratio of 10.8x, up from the previous P/E ratio of 9.4x. This compares to an average P/E of 39x in the Auto Components industry in China. Total returns to shareholders over the past three years are 94%. Valuation Update With 7 Day Price Move • Nov 10
Market bids up stock over the past week After last week's 16% share price gain to CN¥5.64, the stock is trading at a trailing P/E ratio of 9.6x, up from the previous P/E ratio of 8.3x. This compares to an average P/E of 40x in the Auto Components industry in China. Total returns to shareholders over the past three years are 69%. Is New 90 Day High Low • Nov 03
New 90-day high: CN¥5.01 The company is up 21% from its price of CN¥4.15 on 05 August 2020. The Chinese market is down 5.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Auto Components 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¥3.50 per share. Reported Earnings • Oct 15
Third quarter earnings released Over the last 12 months the company has reported total profits of CN¥1.42b, up 29% from the prior year. Total revenue was CN¥15.0b over the last 12 months, up 1.6% from the prior year. Is New 90 Day High Low • Oct 14
New 90-day high: CN¥4.65 The company is up 15% from its price of CN¥4.06 on 16 July 2020. The Chinese market is flat over the last 90 days, indicating the company outperformed over that time. It also outperformed the Auto Components industry, which is up 13% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥1.73 per share. Announcement • Jul 18
Sailun Group Co., Ltd. to Report First Half, 2020 Results on Aug 31, 2020 Sailun Group Co., Ltd. announced that they will report first half, 2020 results on Aug 31, 2020