New Risk • May 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 8.0% 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 6.3% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (8.0% average weekly change). Large one-off items impacting financial results. New Risk • Apr 23
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 23% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 6.3% per year over the past 5 years. Minor Risk Large one-off items impacting financial results. Announcement • Mar 31
Shandong Tongda Island New Materials Co.,Ltd. to Report Q1, 2026 Results on Apr 23, 2026 Shandong Tongda Island New Materials Co.,Ltd. announced that they will report Q1, 2026 results on Apr 23, 2026 Reported Earnings • Mar 29
Full year 2025 earnings released: EPS: CN¥0.13 (vs CN¥0.095 in FY 2024) Full year 2025 results: EPS: CN¥0.13 (up from CN¥0.095 in FY 2024). Revenue: CN¥397.9m (up 6.6% from FY 2024). Net income: CN¥11.2m (up 34% from FY 2024). Profit margin: 2.8% (up from 2.2% in FY 2024). Over the last 3 years on average, earnings per share has increased by 51% per year but the company’s share price has only increased by 26% per year, which means it is significantly lagging earnings growth. Announcement • Mar 28
Shandong Tongda Island New Materials Co.,Ltd., Annual General Meeting, Apr 17, 2026 Shandong Tongda Island New Materials Co.,Ltd., Annual General Meeting, Apr 17, 2026, at 14:00 China Standard Time. Location: No. 522, Tongda Street, Changyi, Shandong China Announcement • Dec 31
Shandong Tongda Island New Materials Co.,Ltd. to Report Fiscal Year 2025 Results on Mar 28, 2026 Shandong Tongda Island New Materials Co.,Ltd. announced that they will report fiscal year 2025 results on Mar 28, 2026 New Risk • Dec 18
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 7.1% 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 27% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (7.1% average weekly change). Large one-off items impacting financial results. Reported Earnings • Oct 23
Third quarter 2025 earnings released: EPS: CN¥0.03 (vs CN¥0.026 in 3Q 2024) Third quarter 2025 results: EPS: CN¥0.03 (up from CN¥0.026 in 3Q 2024). Revenue: CN¥98.2m (up 17% from 3Q 2024). Net income: CN¥2.64m (up 13% from 3Q 2024). Profit margin: 2.7% (down from 2.8% in 3Q 2024). Over the last 3 years on average, earnings per share has increased by 49% per year but the company’s share price has only increased by 40% per year, which means it is significantly lagging earnings growth. Announcement • Sep 30
Shandong Tongda Island New Materials Co.,Ltd. to Report Q3, 2025 Results on Oct 23, 2025 Shandong Tongda Island New Materials Co.,Ltd. announced that they will report Q3, 2025 results on Oct 23, 2025 New Risk • Aug 27
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 2.0% Last year net profit margin: 4.2% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 35% 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 (2.0% net profit margin). Announcement • Jul 02
Shandong Tongda Island New Materials Co.,Ltd. to Report First Half, 2025 Results on Aug 26, 2025 Shandong Tongda Island New Materials Co.,Ltd. announced that they will report first half, 2025 results on Aug 26, 2025 Announcement • May 30
Qingdao Zhuoyue Mingliang New Materials Technology Partnership (Limited Partnership) acquired 10% stake in Shandong Tongda Island New Materials Co.,Ltd. (SZSE:300321) from Weifang Financial Holding Group for CNY 266.4 million. Qingdao Zhuoyue Mingliang New Materials Technology Partnership (Limited Partnership) acquired 10% stake in Shandong Tongda Island New Materials Co.,Ltd. (SZSE:300321) from Weifang Financial Holding Group for CNY 266.4 million on May 28, 2025. A cash consideration of CNY 30 per share will be paid by Qingdao Zhuoyue Mingliang New Materials Technology Partnership (Limited Partnership). As part of consideration, CNY 266.4 million is paid towards 8.88 million common equity of Shandong Tongda Island New Materials Co.,Ltd.
Qingdao Zhuoyue Mingliang New Materials Technology Partnership (Limited Partnership) completed the acquisition of 10% stake in Shandong Tongda Island New Materials Co.,Ltd. (SZSE:300321) from Weifang Financial Holding Group for CNY 266.4 million on May 28, 2025. Announcement • May 27
Shandong Tongda Island New Materials Co.,Ltd. Approves Dividend for 2024 Shandong Tongda Island New Materials Co.,Ltd. at its AGM held on May 23, 2025 approved Cash dividend per 10 shares (tax included) of CNY 0.43000000 for 2024. Announcement • Apr 23
Shandong Tongda Island New Materials Co.,Ltd. Proposes Final Cash Dividend for the Year 2024 Shandong Tongda Island New Materials Co.,Ltd. proposed final cash dividend/10 shares (tax included) of CNY 0.43000000 for the year 2024. Reported Earnings • Apr 23
First quarter 2025 earnings released: EPS: CN¥0.033 (vs CN¥0.015 in 1Q 2024) First quarter 2025 results: EPS: CN¥0.033 (up from CN¥0.015 in 1Q 2024). Revenue: CN¥93.1m (up 9.3% from 1Q 2024). Net income: CN¥2.89m (up 111% from 1Q 2024). Profit margin: 3.1% (up from 1.6% in 1Q 2024). Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has only increased by 28% per year, which means it is significantly lagging earnings growth. Announcement • Apr 22
Shandong Tongda Island New Materials Co.,Ltd., Annual General Meeting, May 23, 2025 Shandong Tongda Island New Materials Co.,Ltd., Annual General Meeting, May 23, 2025, at 14:00 China Standard Time. Location: The Company's Meeting Room, Changyi, Shandong China New Risk • Apr 07
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 9.7% 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 (9.7% average weekly change). Earnings have declined by 53% per year over the past 5 years. Minor Risk Large one-off items impacting financial results. Announcement • Mar 31
Shandong Tongda Island New Materials Co.,Ltd. to Report Q1, 2025 Results on Apr 22, 2025 Shandong Tongda Island New Materials Co.,Ltd. announced that they will report Q1, 2025 results on Apr 22, 2025 New Risk • Mar 05
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 8.3% 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 53% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (8.3% average weekly change). Large one-off items impacting financial results. Announcement • Dec 31
Shandong Tongda Island New Materials Co.,Ltd. to Report Fiscal Year 2024 Results on Apr 22, 2025 Shandong Tongda Island New Materials Co.,Ltd. announced that they will report fiscal year 2024 results on Apr 22, 2025 New Risk • Oct 28
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 292% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 53% per year over the past 5 years. Minor Risk Large one-off items impacting financial results. Reported Earnings • Oct 25
Third quarter 2024 earnings released: EPS: CN¥0.026 (vs CN¥0.14 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.026 (down from CN¥0.14 in 3Q 2023). Revenue: CN¥84.2m (down 9.3% from 3Q 2023). Net income: CN¥2.34m (down 82% from 3Q 2023). Profit margin: 2.8% (down from 14% in 3Q 2023). The decrease in margin was primarily driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings. Announcement • Sep 30
Shandong Tongda Island New Materials Co.,Ltd. to Report Q3, 2024 Results on Oct 25, 2024 Shandong Tongda Island New Materials Co.,Ltd. announced that they will report Q3, 2024 results on Oct 25, 2024 Reported Earnings • Aug 28
Second quarter 2024 earnings released: EPS: CN¥0.088 (vs CN¥0.046 loss in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.088 (up from CN¥0.046 loss in 2Q 2023). Revenue: CN¥107.3m (up 47% from 2Q 2023). Net income: CN¥7.76m (up CN¥11.8m from 2Q 2023). Profit margin: 7.2% (up from net loss in 2Q 2023). Over the last 3 years on average, earnings per share has fallen by 50% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings. Announcement • Jun 29
Shandong Tongda Island New Materials Co.,Ltd. to Report First Half, 2024 Results on Aug 28, 2024 Shandong Tongda Island New Materials Co.,Ltd. announced that they will report first half, 2024 results on Aug 28, 2024 Announcement • Apr 21
Shandong Tongda Island New Materials Co.,Ltd., Annual General Meeting, May 17, 2024 Shandong Tongda Island New Materials Co.,Ltd., Annual General Meeting, May 17, 2024, at 14:00 China Standard Time. Location: The Company's Meeting Room, Changyi, Shandong China Reported Earnings • Apr 20
First quarter 2024 earnings released: EPS: CN¥0.015 (vs CN¥0.12 loss in 1Q 2023) First quarter 2024 results: EPS: CN¥0.015 (up from CN¥0.12 loss in 1Q 2023). Revenue: CN¥85.2m (up 16% from 1Q 2023). Net income: CN¥1.37m (up CN¥12.0m from 1Q 2023). Profit margin: 1.6% (up from net loss in 1Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 96 percentage points per year, which is a significant difference in performance. Announcement • Mar 30
Shandong Tongda Island New Materials Co.,Ltd. to Report Q1, 2024 Results on Apr 20, 2024 Shandong Tongda Island New Materials Co.,Ltd. announced that they will report Q1, 2024 results on Apr 20, 2024 Buy Or Sell Opportunity • Mar 12
Now 25% overvalued Over the last 90 days, the stock has fallen 13% to CN¥16.23. The fair value is estimated to be CN¥13.02, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 3.1% over the last 3 years. Earnings per share has declined by 95%. Board Change • Feb 22
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Non-Independent Director Wei Zengbao was the last independent director to join the board, commencing their role in 2017. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Buy Or Sell Opportunity • Feb 07
Now 26% undervalued after recent price drop Over the last 90 days, the stock has fallen 51% to CN¥9.02. The fair value is estimated to be CN¥12.13, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 3.1% over the last 3 years. Earnings per share has declined by 95%. New Risk • Feb 05
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 7.1% 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 46% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (7.1% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.08% net profit margin). Announcement • Dec 30
Shandong Tongda Island New Materials Co.,Ltd. to Report Fiscal Year 2023 Results on Apr 20, 2024 Shandong Tongda Island New Materials Co.,Ltd. announced that they will report fiscal year 2023 results on Apr 20, 2024 Reported Earnings • Oct 21
Third quarter 2023 earnings released: EPS: CN¥0.14 (vs CN¥0.024 in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.14 (up from CN¥0.024 in 3Q 2022). Revenue: CN¥92.8m (down 17% from 3Q 2022). Net income: CN¥12.7m (up 496% from 3Q 2022). Profit margin: 14% (up from 1.9% in 3Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 88 percentage points per year, which is a significant difference in performance. Reported Earnings • Aug 19
Second quarter 2023 earnings released: CN¥0.046 loss per share (vs CN¥0.057 profit in 2Q 2022) Second quarter 2023 results: CN¥0.046 loss per share (down from CN¥0.057 profit in 2Q 2022). Revenue: CN¥73.0m (down 44% from 2Q 2022). Net loss: CN¥4.06m (down 181% from profit in 2Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 88 percentage points per year, which is a significant difference in performance. Announcement • Jul 01
Shandong Tongda Island New Materials Co.,Ltd. to Report First Half, 2023 Results on Aug 19, 2023 Shandong Tongda Island New Materials Co.,Ltd. announced that they will report first half, 2023 results on Aug 19, 2023 Reported Earnings • Apr 23
First quarter 2023 earnings released: CN¥0.12 loss per share (vs CN¥0.022 profit in 1Q 2022) First quarter 2023 results: CN¥0.12 loss per share (down from CN¥0.022 profit in 1Q 2022). Revenue: CN¥73.7m (down 42% from 1Q 2022). Net loss: CN¥10.7m (down CN¥12.6m from profit in 1Q 2022). 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. Board Change • Nov 16
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 12 experienced directors. No highly experienced directors. Non-Independent Director Wei Zengbao was the last director to join the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Reported Earnings • Oct 25
Third quarter 2022 earnings released: EPS: CN¥0.024 (vs CN¥0.039 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.024 (down from CN¥0.039 in 3Q 2021). Revenue: CN¥111.5m (down 20% from 3Q 2021). Net income: CN¥2.13m (down 38% from 3Q 2021). Profit margin: 1.9% (down from 2.5% in 3Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 69 percentage points per year, which is a significant difference in performance. Reported Earnings • Aug 21
Second quarter 2022 earnings released: EPS: CN¥0.057 (vs CN¥0.047 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.057 (up from CN¥0.047 in 2Q 2021). Revenue: CN¥130.3m (flat on 2Q 2021). Net income: CN¥5.02m (up 21% from 2Q 2021). Profit margin: 3.8% (up from 3.2% in 2Q 2021). Over the last 3 years on average, earnings per share has fallen by 59% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings. Announcement • Jun 11
Shandong Tongda Island New Materials Co.,Ltd. Announces 2021 Final Profit Distribution Plan to Be Implemented (A Shares), Payable on 17 June 2022 Shandong Tongda Island New Materials Co.,Ltd. announced 2021 final profit distribution plan to be implemented (A shares): Cash dividend/10 shares (tax included): CNY 0.32000000. Record date: 16 June 2022. Ex-date: 17 June 2022. Payment date: 17 June 2022. Announcement • Apr 27
Shandong Tongda Island New Materials Co.,Ltd. Announces Profit Distribution Proposal for 2021 Shandong Tongda Island New Materials Co.,Ltd. announces profit distribution proposal of (tax included) CNY 0.32000000 per 10 shares. Reported Earnings • Apr 27
First quarter 2022 earnings released: EPS: CN¥0.022 (vs CN¥0.038 in 1Q 2021) First quarter 2022 results: EPS: CN¥0.022 (down from CN¥0.038 in 1Q 2021). Revenue: CN¥126.7m (up 27% from 1Q 2021). Net income: CN¥1.95m (down 42% from 1Q 2021). Profit margin: 1.5% (down from 3.3% in 1Q 2021). Over the last 3 years on average, earnings per share has fallen by 47% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings. Board Change • Apr 27
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 12 experienced directors. No highly experienced directors. Non-Independent Director Wei Zengbao was the last director to join the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Reported Earnings • Oct 28
Third quarter 2021 earnings released: EPS CN¥0.039 (vs CN¥0.061 in 3Q 2020) The company reported a mediocre third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: CN¥140.0m (up 43% from 3Q 2020). Net income: CN¥3.45m (down 36% from 3Q 2020). Profit margin: 2.5% (down from 5.5% in 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings. Reported Earnings • Aug 12
Second quarter 2021 earnings released: EPS CN¥0.047 (vs CN¥0.029 in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CN¥130.5m (up 24% from 2Q 2020). Net income: CN¥4.15m (up 63% from 2Q 2020). Profit margin: 3.2% (up from 2.4% in 2Q 2020). The increase in margin was driven by higher revenue. 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 20% per year, which means it is well ahead of earnings. Announcement • May 15
Shandong Tongda Island New Materials Co.,Ltd. Announces 2020 Final Profit Distribution Plan to Be Implemented (A Shares), Payable on May 21, 2021 Shandong Tongda Island New Materials Co.,Ltd. announced 2020 final profit distribution plan to be implemented (A shares), payable on May 21, 2021. The company announced Cash dividend/10 shares (tax included) of CNY 2.00000000. The record date is May 20, 2021. Ex-date is May 21, 2021. Reported Earnings • Apr 21
First quarter 2021 earnings released: EPS CN¥0.038 (vs CN¥0.06 in 1Q 2020) The company reported a soft first quarter result with weaker earnings and profit margins, although revenues improved. First quarter 2021 results: Revenue: CN¥100.1m (up 11% from 1Q 2020). Net income: CN¥3.35m (down 37% from 1Q 2020). Profit margin: 3.3% (down from 5.8% in 1Q 2020). The decrease in margin was driven by higher expenses. 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. Announcement • Mar 09
Shandong Tongda Island New Materials Co.,Ltd. to Report Fiscal Year 2020 Results on Apr 21, 2021 Shandong Tongda Island New Materials Co.,Ltd. announced that they will report fiscal year 2020 results on Apr 21, 2021 Is New 90 Day High Low • Jan 29
New 90-day low: CN¥16.90 The company is down 18% from its price of CN¥20.67 on 30 October 2020. The Chinese market is up 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 22% over the same period. Is New 90 Day High Low • Dec 22
New 90-day low: CN¥18.42 The company is down 9.0% from its price of CN¥20.20 on 23 September 2020. The Chinese market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 9.0% over the same period. Is New 90 Day High Low • Nov 05
New 90-day high: CN¥22.40 The company is up 19% from its price of CN¥18.86 on 07 August 2020. The Chinese market is down 4.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Chemicals industry, which is down 2.0% over the same period. Reported Earnings • Oct 22
Third quarter earnings released Over the last 12 months the company has reported total profits of CN¥26.6m, down 28% from the prior year. Total revenue was CN¥415.7m over the last 12 months, down 10% from the prior year. Announcement • Oct 16
Shandong Tongda Island New Materials Co.,Ltd. to Report Q3, 2020 Results on Oct 22, 2020 Shandong Tongda Island New Materials Co.,Ltd. announced that they will report Q3, 2020 results on Oct 22, 2020 Announcement • Jul 24
Shandong Tongda Island New Materials Co.,Ltd. to Report First Half, 2020 Results on Aug 20, 2020 Shandong Tongda Island New Materials Co.,Ltd. announced that they will report first half, 2020 results on Aug 20, 2020