Reported Earnings • Apr 25
First quarter 2026 earnings released: EPS: CN¥0.017 (vs CN¥0.052 in 1Q 2025) First quarter 2026 results: EPS: CN¥0.017 (down from CN¥0.052 in 1Q 2025). Revenue: CN¥472.5m (down 57% from 1Q 2025). Net income: CN¥11.9m (down 67% from 1Q 2025). Profit margin: 2.5% (down from 3.3% in 1Q 2025). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 124 percentage points per year, which is a significant difference in performance. New Risk • Apr 14
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 8.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 52% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (8.4% average weekly change). Announcement • Mar 30
Wolong New Energy Group Co., Ltd. to Report Q1, 2026 Results on Apr 25, 2026 Wolong New Energy Group Co., Ltd. announced that they will report Q1, 2026 results on Apr 25, 2026 Reported Earnings • Mar 20
Full year 2025 earnings released: CN¥0.27 loss per share (vs CN¥0.059 profit in FY 2024) Full year 2025 results: CN¥0.27 loss per share (down from CN¥0.059 profit in FY 2024). Revenue: CN¥3.03b (down 16% from FY 2024). Net loss: CN¥187.0m (down CN¥227.8m from profit in FY 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 113 percentage points per year, which is a significant difference in performance. Announcement • Mar 19
Wolong New Energy Group Co., Ltd., Annual General Meeting, Apr 09, 2026 Wolong New Energy Group Co., Ltd., Annual General Meeting, Apr 09, 2026, at 14:00 China Standard Time. Location: The Company's Meeting Room, Shaoxing, Zhejiang China Announcement • Dec 26
Wolong New Energy Group Co., Ltd. to Report Fiscal Year 2025 Results on Mar 24, 2026 Wolong New Energy Group Co., Ltd. announced that they will report fiscal year 2025 results on Mar 24, 2026 Reported Earnings • Oct 24
Third quarter 2025 earnings released: CN¥0.008 loss per share (vs CN¥0.004 profit in 3Q 2024) Third quarter 2025 results: CN¥0.008 loss per share (down from CN¥0.004 profit in 3Q 2024). Revenue: CN¥319.6m (down 73% from 3Q 2024). Net loss: CN¥5.80m (down 329% from profit in 3Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 110 percentage points per year, which is a significant difference in performance. Announcement • Sep 30
Wolong New Energy Group Co., Ltd. to Report Q3, 2025 Results on Oct 24, 2025 Wolong New Energy Group Co., Ltd. announced that they will report Q3, 2025 results on Oct 24, 2025 New Risk • Sep 09
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. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 39% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (7.3% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.3% net profit margin). Announcement • Jun 30
Wolong New Energy Group Co., Ltd. to Report First Half, 2025 Results on Aug 09, 2025 Wolong New Energy Group Co., Ltd. announced that they will report first half, 2025 results on Aug 09, 2025 Announcement • May 23
Zhejiang Wolong Shunyu Investment Co., Ltd. entered into an Equity Sale Agreement to acquire 90% stake in Shanghai Wolong Mining Co., Ltd. from Wolong New Energy Group Co., Ltd. (SHSE:600173) for CNY 220 million. Zhejiang Wolong Shunyu Investment Co., Ltd. entered into an Equity Sale Agreement to acquire 90% stake in Shanghai Wolong Mining Co., Ltd. from Wolong New Energy Group Co., Ltd. (SHSE:600173) for CNY 220 million on May 21, 2025. A cash consideration of CNY 220.5 million will be paid by Zhejiang Wolong Shunyu Investment Co., Ltd. As part of consideration, CNY 220.5 million is paid towards common equity of Shanghai Wolong Mining Co., Ltd.
For the period ending December 31, 2024, Shanghai Wolong Mining Co., Ltd. reported total revenue of CNY 2.48 billion and net income of CNY 55.19 million. As of December 31, 2024, Shanghai Wolong Mining Co., Ltd. reported total assets of CNY 712.95 million and total common equity of CNY 185.24 million.
The transaction is subject to approval by regulatory bodies such as the Shanghai Stock Exchange, approval of offer by target shareholders and other possible approvals, filings, or authorizations. The deal has been approved by the board of Wolong New Energy Group. Reported Earnings • Apr 11
Full year 2024 earnings released: EPS: CN¥0.059 (vs CN¥0.23 in FY 2023) Full year 2024 results: EPS: CN¥0.059 (down from CN¥0.23 in FY 2023). Revenue: CN¥3.61b (down 24% from FY 2023). Net income: CN¥40.9m (down 75% from FY 2023). Profit margin: 1.1% (down from 3.5% in FY 2023). Over the last 3 years on average, earnings per share has fallen by 62% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings. Announcement • Apr 10
Wolong Resources Group Co., Ltd., Annual General Meeting, Apr 30, 2025 Wolong Resources Group Co., Ltd., Annual General Meeting, Apr 30, 2025, at 14:00 China Standard Time. Location: The Company's Meeting Room, Shaoxing, Zhejiang China Announcement • Mar 28
Wolong Resources Group Co., Ltd. to Report Q1, 2025 Results on Apr 22, 2025 Wolong Resources Group Co., Ltd. announced that they will report Q1, 2025 results on Apr 22, 2025 New Risk • Feb 28
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 8.2% 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 Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 121% Paying a dividend despite having no free cash flows. Earnings have declined by 26% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (8.2% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.2% net profit margin). Buy Or Sell Opportunity • Feb 12
Now 30% overvalued after recent price rise Over the last 90 days, the stock has risen 24% to CN¥5.30. The fair value is estimated to be CN¥4.07, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 61%. Announcement • Jan 08
Wolong Resources Group Co., Ltd. (SHSE:600173) agreed to acquire 43.21% stake in Zhejiang Longneng Electric Power Technology Co., Ltd. from Wolong Electric Group Co.,Ltd. (SHSE:600580). Wolong Resources Group Co., Ltd. (SHSE:600173) agreed to acquire 43.21% stake in Zhejiang Longneng Electric Power Technology Co., Ltd. from Wolong Electric Group Co.,Ltd. (SHSE:600580) on December 5, 2024.
As of September 30, 2024, Zhejiang Longneng Electric Power Technology Co., Ltd. reported total assets of CNY 2.15 billion and total common equity of CNY 1.42 billion. Announcement • Dec 27
Wolong Resources Group Co., Ltd. to Report Fiscal Year 2024 Results on Apr 10, 2025 Wolong Resources Group Co., Ltd. announced that they will report fiscal year 2024 results on Apr 10, 2025 New Risk • Oct 24
New major risk - Dividend sustainability The dividend is not well covered by earnings and cash flows. Payout ratio: 121% The company is paying a dividend despite having no free cash flows. Dividend yield: 1.5% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 121% Paying a dividend despite having no free cash flows. Earnings have declined by 26% per year over the past 5 years. Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.2% net profit margin). Reported Earnings • Oct 24
Third quarter 2024 earnings released: EPS: CN¥0.004 (vs CN¥0.053 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.004 (down from CN¥0.053 in 3Q 2023). Revenue: CN¥1.17b (down 14% from 3Q 2023). Net income: CN¥2.53m (down 93% from 3Q 2023). Profit margin: 0.2% (down from 2.7% in 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 61% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings. Announcement • Sep 30
Wolong Resources Group Co., Ltd. to Report Q3, 2024 Results on Oct 24, 2024 Wolong Resources Group Co., Ltd. announced that they will report Q3, 2024 results on Oct 24, 2024 Valuation Update With 7 Day Price Move • Sep 30
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to CN¥4.51, the stock trades at a trailing P/E ratio of 45x. Average trailing P/E is 42x in the Real Estate industry in China. Total loss to shareholders of 8.3% over the past three years. Reported Earnings • Aug 16
Second quarter 2024 earnings released: EPS: CN¥0.08 (vs CN¥0.19 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.08 (down from CN¥0.19 in 2Q 2023). Revenue: CN¥754.9m (down 54% from 2Q 2023). Net income: CN¥55.1m (down 59% from 2Q 2023). Profit margin: 7.3% (down from 8.2% in 2Q 2023). Over the last 3 years on average, earnings per share has fallen by 55% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings. Announcement • Jun 28
Wolong Resources Group Co., Ltd. to Report First Half, 2024 Results on Aug 16, 2024 Wolong Resources Group Co., Ltd. announced that they will report first half, 2024 results on Aug 16, 2024 New Risk • May 26
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 8.8% 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 Risks Earnings have declined by 19% per year over the past 5 years. High level of non-cash earnings (23% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (8.8% average weekly change). Declared Dividend • May 24
Dividend of CN¥0.06 announced Shareholders will receive a dividend of CN¥0.06. Ex-date: 29th May 2024 Payment date: 29th May 2024 Dividend yield will be 1.3%, which is lower than the industry average of 3.4%. Sustainability & Growth Dividend is covered by earnings (28% 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 7.2% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to decline by 69% to shift the payout ratio to a potentially unsustainable range, which is more than the 24% EPS decline seen over the last 5 years. Valuation Update With 7 Day Price Move • May 20
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to CN¥4.98, the stock trades at a trailing P/E ratio of 23.2x. Average trailing P/E is 35x in the Real Estate industry in China. Total loss to shareholders of 1.3% over the past three years. Reported Earnings • Apr 14
Full year 2023 earnings released: EPS: CN¥0.23 (vs CN¥0.45 in FY 2022) Full year 2023 results: EPS: CN¥0.23 (down from CN¥0.45 in FY 2022). Revenue: CN¥4.76b (flat on FY 2022). Net income: CN¥164.4m (down 47% from FY 2022). Profit margin: 3.5% (down from 6.6% in FY 2022). Over the last 3 years on average, earnings per share has fallen by 37% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings. Announcement • Apr 12
Wolong Resources Group Co., Ltd., Annual General Meeting, May 07, 2024 Wolong Resources Group Co., Ltd., Annual General Meeting, May 07, 2024, at 14:00 China Standard Time. Location: The Company's Meeting Room, Shaoxing, Zhejiang China Valuation Update With 7 Day Price Move • Apr 09
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to CN¥4.92, the stock trades at a trailing P/E ratio of 19.4x. Average trailing P/E is 22x in the Real Estate industry in China. Total returns to shareholders of 14% over the past three years. Announcement • Mar 29
Wolong Resources Group Co., Ltd. to Report Q1, 2024 Results on Apr 23, 2024 Wolong Resources Group Co., Ltd. announced that they will report Q1, 2024 results on Apr 23, 2024 Announcement • Feb 09
Wolong Resources Group Co., Ltd. (SHSE:600173) announces an Equity Buyback for CNY 50 million worth of its shares. Wolong Resources Group Co., Ltd. (SHSE:600173) announces a share repurchase program. Under the program, the company will repurchase its own shares for a total of CNY 50 million. The shares will be purchased at a price not exceeding CNY 6.52 per share. The purpose of the program is to safeguard the interests of investors and promote the company's healthy and sustainable development; to further improve the company's long-term incentive mechanism. The repurchased shares will be used for employee stock ownership plans, equity incentives and other purposes permitted by national policies and regulations. If the company fails to use up the repurchased shares within three years after the announcement of the share repurchase results and share changes, the unused repurchased shares will be cancelled. The program will be funded from company's own funds. The program will be valid for 6 months. Valuation Update With 7 Day Price Move • Feb 02
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to CN¥3.97, the stock trades at a trailing P/E ratio of 15.7x. Average trailing P/E is 18x in the Real Estate industry in China. Negligible returns to shareholders over past three years. Announcement • Dec 29
Wolong Resources Group Co., Ltd. to Report Fiscal Year 2023 Results on Apr 12, 2024 Wolong Resources Group Co., Ltd. announced that they will report fiscal year 2023 results on Apr 12, 2024 Reported Earnings • Oct 24
Third quarter 2023 earnings released: EPS: CN¥0.053 (vs CN¥0.14 in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.053 (down from CN¥0.14 in 3Q 2022). Revenue: CN¥1.36b (down 22% from 3Q 2022). Net income: CN¥37.2m (down 63% from 3Q 2022). Profit margin: 2.7% (down from 5.7% in 3Q 2022). Over the last 3 years on average, earnings per share has fallen by 27% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings. Announcement • Sep 30
Wolong Resources Group Co., Ltd. to Report Q3, 2023 Results on Oct 24, 2023 Wolong Resources Group Co., Ltd. announced that they will report Q3, 2023 results on Oct 24, 2023 Reported Earnings • Aug 15
Second quarter 2023 earnings released: EPS: CN¥0.19 (vs CN¥0.30 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.19 (down from CN¥0.30 in 2Q 2022). Revenue: CN¥1.64b (up 29% from 2Q 2022). Net income: CN¥134.5m (down 36% from 2Q 2022). Profit margin: 8.2% (down from 16% in 2Q 2022). Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings. Announcement • Jun 28
Wolong Resources Group Co., Ltd. to Report First Half, 2023 Results on Aug 15, 2023 Wolong Resources Group Co., Ltd. announced that they will report first half, 2023 results on Aug 15, 2023 Reported Earnings • Apr 08
Full year 2022 earnings released: EPS: CN¥0.43 (vs CN¥0.68 in FY 2021) Full year 2022 results: EPS: CN¥0.43 (down from CN¥0.68 in FY 2021). Revenue: CN¥5.24b (up 109% from FY 2021). Net income: CN¥301.2m (down 37% from FY 2021). Profit margin: 5.8% (down from 19% in FY 2021). Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Nov 29
Investor sentiment improved over the past week After last week's 16% share price gain to CN¥6.09, the stock trades at a trailing P/E ratio of 10.2x. Average trailing P/E is 24x in the Real Estate industry in China. Total returns to shareholders of 35% over the past three years. Reported Earnings • Oct 27
Third quarter 2022 earnings released: EPS: CN¥0.14 (vs CN¥0.10 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.14 (up from CN¥0.10 in 3Q 2021). Revenue: CN¥1.74b (up CN¥1.54b from 3Q 2021). Net income: CN¥99.2m (up 40% from 3Q 2021). Profit margin: 5.7% (down from 34% in 3Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 3% per year whereas the company’s share price has fallen by 1% per year. Reported Earnings • Aug 11
Second quarter 2022 earnings released: EPS: CN¥0.30 (vs CN¥0.32 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.30 (down from CN¥0.32 in 2Q 2021). Revenue: CN¥1.28b (down 14% from 2Q 2021). Net income: CN¥208.7m (down 6.6% from 2Q 2021). Profit margin: 16% (up from 15% in 2Q 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 13% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Jun 16
Investor sentiment improved over the past week After last week's 25% share price gain to CN¥6.40, the stock trades at a trailing P/E ratio of 11x. Average trailing P/E is 20x in the Real Estate industry in China. Total returns to shareholders of 63% over the past three years. Reported Earnings • Apr 27
First quarter 2022 earnings released: EPS: CN¥0.077 (vs CN¥0.17 in 1Q 2021) First quarter 2022 results: EPS: CN¥0.077 (down from CN¥0.17 in 1Q 2021). Revenue: CN¥441.9m (down 17% from 1Q 2021). Net income: CN¥53.7m (down 56% from 1Q 2021). Profit margin: 12% (down from 23% in 1Q 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 2% per year whereas the company’s share price has increased by 1% per year. Valuation Update With 7 Day Price Move • Nov 23
Investor sentiment improved over the past week After last week's 17% share price gain to CN¥5.75, the stock trades at a trailing P/E ratio of 5.8x. Average trailing P/E is 12x in the Real Estate industry in China. Total returns to shareholders of 59% over the past three years. Reported Earnings • Oct 28
Third quarter 2021 earnings released: EPS CN¥0.10 (vs CN¥0.10 in 3Q 2020) The company reported a soft third quarter result with weaker earnings and revenues, although profit margins were improved. Third quarter 2021 results: Revenue: CN¥209.3m (down 55% from 3Q 2020). Net income: CN¥71.0m (down 3.7% from 3Q 2020). Profit margin: 34% (up from 16% in 3Q 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 6% per year whereas the company’s share price has increased by 3% per year. Reported Earnings • Aug 19
Second quarter 2021 earnings released: EPS CN¥0.32 (vs CN¥0.061 in 2Q 2020) The company reported a solid second quarter result with improved earnings and revenues, although profit margins were weaker. Second quarter 2021 results: Revenue: CN¥1.49b (up CN¥1.36b from 2Q 2020). Net income: CN¥223.5m (up 427% from 2Q 2020). Profit margin: 15% (down from 32% 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 5% per year but the company’s share price has increased by 11% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • May 29
Investor sentiment improved over the past week After last week's 15% share price gain to CN¥5.97, the stock trades at a trailing P/E ratio of 8x. Average trailing P/E is 16x in the Real Estate industry in China. Total returns to shareholders of 34% over the past three years. Reported Earnings • Apr 30
First quarter 2021 earnings released: EPS CN¥0.18 (vs CN¥0.13 in 1Q 2020) The company reported a solid first quarter result with improved earnings and revenues, although profit margins were flat. First quarter 2021 results: Revenue: CN¥483.3m (up 37% from 1Q 2020). Net income: CN¥124.2m (up 40% from 1Q 2020). Profit margin: 26% (in line with 1Q 2020). Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Reported Earnings • Mar 26
Full year 2020 earnings released: EPS CN¥0.69 (vs CN¥0.73 in FY 2019) The company reported a soft full year result with weaker earnings and profit margins, although revenues improved. Full year 2020 results: Revenue: CN¥2.28b (up 19% from FY 2019). Net income: CN¥484.3m (down 5.1% from FY 2019). Profit margin: 21% (down from 27% in FY 2019). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Announcement • Mar 04
Wolong Real Estate Group Co.,Ltd. to Report Fiscal Year 2020 Results on Mar 26, 2021 Wolong Real Estate Group Co.,Ltd. announced that they will report fiscal year 2020 results on Mar 26, 2021 Is New 90 Day High Low • Jan 31
New 90-day low: CN¥4.53 The company is down 1.0% from its price of CN¥4.57 on 02 November 2020. The Chinese market is up 8.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Real Estate industry, which is down 7.0% over the same period. Announcement • Jan 26
Hainan Xingyun Zhijian Enterprise Management Partnership acquired 3% stake in Guangzhou Junhai Network Technology Co., Ltd from Wolong Real Estate Group Co.,Ltd. (SHSE:600173) for RMB 53.5 million. Hainan Xingyun Zhijian Enterprise Management Partnership acquired 3% stake in Guangzhou Junhai Network Technology Co., Ltd from Wolong Real Estate Group Co.,Ltd. (SHSE:600173) for RMB 53.5 million on January 25, 2021. Under terms, Hainan Xingyun Zhijian will pay RMB 25 million within five after signing the agreement and RMB 28.5 million within 20 days after the delivery date of underlying equity. The consideration shall be paid in cash. Post acquisition Wolong Real Estate Group Co.,Ltd. will hold 46% stake in Guangzhou Junhai Network Technology Co., Ltd. As of December 31, 2020 Guangzhou Junhai Network Technology reported total assets of RMB 467.9 million, net assets of RMB 227.3 million, As of January 23, 2021 the transaction was approved by Wolong Real Estate Group Co.,Ltd.
Hainan Xingyun Zhijian Enterprise Management Partnership completed the acquisition of 3% stake in Guangzhou Junhai Network Technology Co., Ltd from Wolong Real Estate Group Co.,Ltd. (SHSE:600173) on January 25, 2021. Reported Earnings • Oct 29
Third quarter earnings released Over the last 12 months the company has reported total profits of CN¥388.5m, down 34% from the prior year. Total revenue was CN¥1.61b over the last 12 months, down 23% from the prior year. Is New 90 Day High Low • Oct 23
New 90-day low: CN¥4.70 The company is down 13% from its price of CN¥5.39 on 24 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 Real Estate industry, which is down 3.0% over the same period. Announcement • Jul 06
Wolong Real Estate Group Co.,Ltd. to Report First Half, 2020 Results on Aug 14, 2020 Wolong Real Estate Group Co.,Ltd. announced that they will report first half, 2020 results on Aug 14, 2020 
