Announcement • Mar 31
Hongmian Zhihui Science and Technology Innovation Co.,Ltd.Guangzhou to Report Q1, 2026 Results on Apr 28, 2026 Hongmian Zhihui Science and Technology Innovation Co.,Ltd.Guangzhou announced that they will report Q1, 2026 results on Apr 28, 2026 Reported Earnings • Mar 31
Full year 2025 earnings released: EPS: CN¥0.044 (vs CN¥0.28 in FY 2024) Full year 2025 results: EPS: CN¥0.044 (down from CN¥0.28 in FY 2024). Revenue: CN¥2.12b (up 3.2% from FY 2024). Net income: CN¥79.4m (down 85% from FY 2024). Profit margin: 3.7% (down from 25% in FY 2024). Over the last 3 years on average, earnings per share has increased by 89% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Announcement • Mar 31
Hongmian Zhihui Science and Technology Innovation Co.,Ltd.Guangzhou, Annual General Meeting, Apr 24, 2026 Hongmian Zhihui Science and Technology Innovation Co.,Ltd.Guangzhou, Annual General Meeting, Apr 24, 2026, at 14:30 China Standard Time. Location: Building B, No. 100, Huangpu Avenue West, Tianhe District, Guangzhou, Guangdong China Announcement • Dec 31
Hongmian Zhihui Science and Technology Innovation Co.,Ltd.Guangzhou to Report Fiscal Year 2025 Results on Mar 31, 2026 Hongmian Zhihui Science and Technology Innovation Co.,Ltd.Guangzhou announced that they will report fiscal year 2025 results on Mar 31, 2026 New Risk • Dec 27
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 7.0% 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: Minor Risks Share price has been volatile over the past 3 months (7.0% average weekly change). Large one-off items impacting financial results. Valuation Update With 7 Day Price Move • Dec 19
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥3.73, the stock trades at a trailing P/E ratio of 13.2x. Average trailing P/E is 42x in the Household Products industry in China. Total loss to shareholders of 3.9% over the past three years. Reported Earnings • Oct 31
Third quarter 2025 earnings released: EPS: CN¥0.018 (vs CN¥0.013 in 3Q 2024) Third quarter 2025 results: EPS: CN¥0.018 (up from CN¥0.013 in 3Q 2024). Revenue: CN¥646.2m (up 37% from 3Q 2024). Net income: CN¥32.8m (up 36% from 3Q 2024). Profit margin: 5.1% (in line with 3Q 2024). Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Announcement • Sep 30
Hongmian Zhihui Science and Technology Innovation Co.,Ltd.Guangzhou to Report Q3, 2025 Results on Oct 31, 2025 Hongmian Zhihui Science and Technology Innovation Co.,Ltd.Guangzhou announced that they will report Q3, 2025 results on Oct 31, 2025 Announcement • Jul 02
Hongmian Zhihui Science and Technology Innovation Co.,Ltd.Guangzhou to Report First Half, 2025 Results on Aug 29, 2025 Hongmian Zhihui Science and Technology Innovation Co.,Ltd.Guangzhou announced that they will report first half, 2025 results on Aug 29, 2025 Announcement • Jun 25
Hongmian Zhihui Science and Technology Innovation Co.,Ltd.Guangzhou (SZSE:000523) agreed to acquire 39.99% stake in Guangzhou Asia Brand Food Technology Co., Ltd from Guangzhou Nanye Yingyuan Investment Consultancy Co., Ltd. CNY 90.3 million. Hongmian Zhihui Science and Technology Innovation Co.,Ltd.Guangzhou (SZSE:000523) agreed to acquire 39.99% stake in Guangzhou Asia Brand Food Technology Co., Ltd from Guangzhou Nanye Yingyuan Investment Consultancy Co., Ltd. CNY 90.3 million on June 24, 2025. A cash consideration of CNY 90.28 million will be paid by Hongmian Zhihui Science and Technology Innovation Co.,Ltd. The payment for the shares will be made in three installments, contingent upon the completion of various conditions such as board approvals and registration of ownership changes. This phased approach can mitigate risk for the acquiring company. The payment of CNY 27,084,126.46 (30%) shall be made within 15 working days after this Agreement comes into effect and the transaction is approved by Hongmian Zhihui Science's board of directors; The payment of CNY 45,140,210.77 (50%) shall be made within 30 working days after the target equity completes the industrial and commercial change registration and a payment of CNY 18,056,084.31 (20%) will be done when Guangzhou Nanye Yingyuan shall coordinate the target company to complete the re-election of directors, supervisors and key management personnel in accordance with Article 7.2 of this Agreement, and complete the handover of relevant materials in accordance with Article 7.3 of this Agreement, and as of the date of completion of Articles 7.2 and 7.3 of this Agreement, the target company and Seller has not violated the relevant statements or guarantees in Article 9 of this Agreement, and Hongmian Zhihui Science shall pay the third installment within 90 working days.
As of December 31, 2024, Guangzhou Asia Brand Food Technology Co., Ltd reported total assets of CNY 206.62 million and total common equity of CNY 122.82 million. Reported Earnings • May 02
First quarter 2025 earnings released: EPS: CN¥0.006 (vs CN¥0.012 in 1Q 2024) First quarter 2025 results: EPS: CN¥0.006 (down from CN¥0.012 in 1Q 2024). Revenue: CN¥483.8m (down 10% from 1Q 2024). Net income: CN¥11.7m (down 46% from 1Q 2024). Profit margin: 2.4% (down from 4.0% in 1Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 74 percentage points per year, which is a significant difference in performance. Reported Earnings • Apr 01
Full year 2024 earnings released: EPS: CN¥0.28 (vs CN¥0.04 in FY 2023) Full year 2024 results: EPS: CN¥0.28 (up from CN¥0.04 in FY 2023). Revenue: CN¥2.05b (down 22% from FY 2023). Net income: CN¥513.0m (up CN¥438.2m from FY 2023). Profit margin: 25% (up from 2.8% in FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 94 percentage points per year, which is a significant difference in performance. Announcement • Apr 01
Hongmian Zhihui Science and Technology Innovation Co.,Ltd.Guangzhou, Annual General Meeting, Apr 25, 2025 Hongmian Zhihui Science and Technology Innovation Co.,Ltd.Guangzhou, Annual General Meeting, Apr 25, 2025, at 14:30 China Standard Time. Location: Building B, No. 100, Huangpu Avenue West, Tianhe District, Guangzhou, Guangdong China Announcement • Mar 31
Hongmian Zhihui Science and Technology Innovation Co.,Ltd.Guangzhou to Report Q1, 2025 Results on Apr 29, 2025 Hongmian Zhihui Science and Technology Innovation Co.,Ltd.Guangzhou announced that they will report Q1, 2025 results on Apr 29, 2025 Valuation Update With 7 Day Price Move • Mar 17
Investor sentiment improves as stock rises 22% After last week's 22% share price gain to CN¥3.67, the stock trades at a trailing P/E ratio of 58.1x. Average trailing P/E is 42x in the Household Products industry in China. Total returns to shareholders of 11% over the past three years. Announcement • Dec 31
Hongmian Zhihui Science and Technology Innovation Co.,Ltd.Guangzhou to Report Fiscal Year 2024 Results on Apr 22, 2025 Hongmian Zhihui Science and Technology Innovation Co.,Ltd.Guangzhou announced that they will report fiscal year 2024 results on Apr 22, 2025 Reported Earnings • Oct 30
Third quarter 2024 earnings released: EPS: CN¥0.013 (vs CN¥0.01 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.013 (up from CN¥0.01 in 3Q 2023). Revenue: CN¥472.1m (down 41% from 3Q 2023). Net income: CN¥24.1m (up 22% from 3Q 2023). Profit margin: 5.1% (up from 2.5% in 3Q 2023). Over the last 3 years on average, earnings per share has increased by 76% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Oct 28
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to CN¥3.26, the stock trades at a trailing P/E ratio of 60.8x. Average trailing P/E is 30x in the Household Products industry in China. Total loss to shareholders of 9.2% over the past three years. Announcement • Sep 30
Hongmian Zhihui Science and Technology Innovation Co.,Ltd.Guangzhou to Report Q3, 2024 Results on Oct 30, 2024 Hongmian Zhihui Science and Technology Innovation Co.,Ltd.Guangzhou announced that they will report Q3, 2024 results on Oct 30, 2024 Valuation Update With 7 Day Price Move • Sep 26
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to CN¥2.92, the stock trades at a trailing P/E ratio of 54.4x. Average trailing P/E is 26x in the Household Products industry in China. Total loss to shareholders of 30% over the past three years. Reported Earnings • Aug 27
Second quarter 2024 earnings released: EPS: CN¥0.009 (vs CN¥0.002 loss in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.009 (up from CN¥0.002 loss in 2Q 2023). Revenue: CN¥573.2m (down 19% from 2Q 2023). Net income: CN¥15.8m (up CN¥18.9m from 2Q 2023). Profit margin: 2.8% (up from net loss in 2Q 2023). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 114% per year but the company’s share price has fallen by 16% per year, which means it is significantly lagging earnings. Announcement • Jun 29
Hongmian Zhihui Science and Technology Innovation Co.,Ltd.Guangzhou to Report First Half, 2024 Results on Aug 27, 2024 Hongmian Zhihui Science and Technology Innovation Co.,Ltd.Guangzhou announced that they will report first half, 2024 results on Aug 27, 2024 Announcement • Apr 02
Hongmian Zhihui Science and Technology Innovation Co.,Ltd.Guangzhou, Annual General Meeting, Apr 30, 2024 Hongmian Zhihui Science and Technology Innovation Co.,Ltd.Guangzhou, Annual General Meeting, Apr 30, 2024, at 14:30 China Standard Time. Location: Building B, No. 100, Huangpu Avenue West, Tianhe District, Guangzhou, Guangdong China Reported Earnings • Apr 02
Full year 2023 earnings released: EPS: CN¥0.04 (vs CN¥0.04 loss in FY 2022) Full year 2023 results: EPS: CN¥0.04 (up from CN¥0.04 loss in FY 2022). Revenue: CN¥2.63b (up 5.7% from FY 2022). Net income: CN¥74.8m (up CN¥146.4m from FY 2022). Profit margin: 2.8% (up from net loss in FY 2022). Over the last 3 years on average, earnings per share has increased by 116% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth. Announcement • Mar 30
Hongmian Zhihui Science and Technology Innovation Co.,Ltd.Guangzhou to Report Q1, 2024 Results on Apr 25, 2024 Hongmian Zhihui Science and Technology Innovation Co.,Ltd.Guangzhou announced that they will report Q1, 2024 results on Apr 25, 2024 Announcement • Dec 29
Hongmian Zhihui Science and Technology Innovation Co.,Ltd.Guangzhou to Report Fiscal Year 2023 Results on Mar 26, 2024 Hongmian Zhihui Science and Technology Innovation Co.,Ltd.Guangzhou announced that they will report fiscal year 2023 results on Mar 26, 2024 Reported Earnings • Nov 02
Third quarter 2023 earnings released: EPS: CN¥0.01 (vs CN¥0.003 loss in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.01 (up from CN¥0.003 loss in 3Q 2022). Revenue: CN¥792.9m (up 22% from 3Q 2022). Net income: CN¥19.7m (up CN¥24.8m from 3Q 2022). Profit margin: 2.5% (up from net loss in 3Q 2022). Over the last 3 years on average, earnings per share has increased by 97% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. Board Change • Nov 01
High number of new directors There are 6 new directors who have joined the board in the last 3 years. Non-Independent director Jianxiong Zheng was the last director to join the board, commencing their role in 2023. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Announcement • Oct 11
Lonkey Industrial Co.,Ltd.Guangzhou Announces Directorate Appointments Lonkey Industrial Co.,Ltd.Guangzhou at its Extraordinary General Meeting of 2022 held on 09 October 2023, approved Election and nomination of Zheng Jianxiong, Liu Yong and Mo Li as non-independent directors, Election and nomination of Xing Yiqiang, Xing Liangwen Wu Zhenqiang as independent directors and Election of Liang Yazhao and Liao Mingwei as non-employee supervisors. Reported Earnings • Aug 31
Second quarter 2023 earnings released: CN¥0.002 loss per share (vs CN¥0.011 loss in 2Q 2022) Second quarter 2023 results: CN¥0.002 loss per share (improved from CN¥0.011 loss in 2Q 2022). Revenue: CN¥705.0m (up 5.5% from 2Q 2022). Net loss: CN¥3.10m (loss narrowed 85% from 2Q 2022). Over the last 3 years on average, earnings per share has increased by 74% per year but the company’s share price has fallen by 18% per year, which means it is significantly lagging earnings. Board Change • Nov 16
High number of new and inexperienced directors There are 8 new directors who have joined the board in the last 3 years. The company's board is composed of: 8 new directors. 4 experienced directors. No highly experienced directors. Supervisor Mingwei Liao is the most experienced director on the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Reported Earnings • Oct 30
Third quarter 2022 earnings released: CN¥0.003 loss per share (vs CN¥0.082 loss in 3Q 2021) Third quarter 2022 results: CN¥0.003 loss per share (improved from CN¥0.082 loss in 3Q 2021). Revenue: CN¥648.0m (down 17% from 3Q 2021). Net loss: CN¥5.12m (loss narrowed 90% from 3Q 2021). Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has fallen by 18% per year, which means it is significantly lagging earnings. Reported Earnings • Sep 02
Second quarter 2022 earnings released: CN¥0.011 loss per share (vs CN¥0.05 loss in 2Q 2021) Second quarter 2022 results: CN¥0.011 loss per share (up from CN¥0.05 loss in 2Q 2021). Revenue: CN¥668.4m (up 1.3% from 2Q 2021). Net loss: CN¥20.9m (loss narrowed 35% from 2Q 2021). Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has only fallen by 16% per year, which means it has not declined as severely as earnings. Valuation Update With 7 Day Price Move • Jun 01
Investor sentiment improved over the past week After last week's 23% share price gain to CN¥4.57, the stock trades at a trailing P/E ratio of 5x. Average trailing P/E is 30x in the Household Products industry in China. Total loss to shareholders of 11% over the past three years. Announcement • May 07
Lonkey Industrial Co.,Ltd.Guangzhou, Annual General Meeting, May 24, 2022 Lonkey Industrial Co.,Ltd.Guangzhou, Annual General Meeting, May 24, 2022, at 14:30 China Standard Time. Agenda: To consider 2021 work report of the board of directors; to 2021 work report of the supervisory committee; to 2021 annual accounts; to 2021 profit distribution plan; to Application for comprehensive credit line to banks by the Company and subsidiaries; to Amendments to the work system of independent directors; to 2022 plan for non-public share offering; to Preplan for 2022 non-public A-share offering; to Feasibility analysis report on the use of funds to be raised from the 2022 non-public A-share offering; to Connected transactions regarding the conditional share subscription agreement to be signed with specific parties; and to consider other matter. Reported Earnings • May 02
First quarter 2022 earnings released: CN¥0.01 loss per share (vs CN¥0.05 loss in 1Q 2021) First quarter 2022 results: CN¥0.01 loss per share (up from CN¥0.05 loss in 1Q 2021). Revenue: CN¥644.2m (up 6.5% from 1Q 2021). Net loss: CN¥12.8m (loss narrowed 62% from 1Q 2021). Over the last 3 years on average, earnings per share has fallen by 52% per year but the company’s share price has only fallen by 19% per year, which means it has not declined as severely as earnings. Board Change • Apr 27
High number of new and inexperienced directors There are 8 new directors who have joined the board in the last 3 years. The company's board is composed of: 8 new directors. 4 experienced directors. No highly experienced directors. Supervisor Mingwei Liao is the most experienced director on the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Announcement • Apr 13
Lonkey Industrial Co.,Ltd.Guangzhou to Report Fiscal Year 2021 Results on Apr 27, 2022 Lonkey Industrial Co.,Ltd.Guangzhou announced that they will report fiscal year 2021 results on Apr 27, 2022 Reported Earnings • Oct 28
Third quarter 2021 earnings released: CN¥0.082 loss per share (vs CN¥1.68 loss in 3Q 2020) Third quarter 2021 results: Net loss: CN¥48.7m (loss narrowed 95% from 3Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 117 percentage points per year, which is a significant difference in performance. Reported Earnings • Aug 22
Second quarter 2021 earnings released: CN¥0.05 loss per share (vs CN¥0.15 loss in 2Q 2020) The company reported a soft second quarter result with weaker revenues and control over costs, although losses reduced. Second quarter 2021 results: Revenue: CN¥660.1m (down 70% from 2Q 2020). Net loss: CN¥32.4m (loss narrowed 66% from 2Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 131 percentage points per year, which is a significant difference in performance. Reported Earnings • May 03
First quarter 2021 earnings released: CN¥0.05 loss per share (vs CN¥0.03 loss in 1Q 2020) The company reported a poor first quarter result with increased losses, weaker revenues and weaker control over costs. First quarter 2021 results: Revenue: CN¥604.7m (down 65% from 1Q 2020). Net loss: CN¥33.3m (loss widened 77% from 1Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 119 percentage points per year, which is a significant difference in performance. Reported Earnings • Apr 17
Full year 2020 earnings released: CN¥6.81 loss per share (vs CN¥0.10 profit in FY 2019) The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2020 results: Revenue: CN¥3.42b (down 72% from FY 2019). Net loss: CN¥4.27b (down CN¥4.33b from profit in FY 2019). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 128 percentage points per year, which is a significant difference in performance. Announcement • Feb 25
Lonkey Industrial Co.,Ltd.Guangzhou to Report Fiscal Year 2020 Results on Apr 15, 2021 Lonkey Industrial Co.,Ltd.Guangzhou announced that they will report fiscal year 2020 results on Apr 15, 2021 Is New 90 Day High Low • Feb 01
New 90-day low: CN¥2.55 The company is down 28% from its price of CN¥3.56 on 03 November 2020. The Chinese market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Household Products industry, which is up 6.0% over the same period. Is New 90 Day High Low • Jan 11
New 90-day low: CN¥3.09 The company is down 26% from its price of CN¥4.15 on 13 October 2020. The Chinese market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Household Products industry, which is up 9.0% over the same period. Is New 90 Day High Low • Dec 24
New 90-day low: CN¥3.43 The company is down 40% from its price of CN¥5.70 on 25 September 2020. The Chinese market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Household Products industry, which is up 4.0% over the same period. Reported Earnings • Nov 03
Third quarter 2020 earnings released: CN¥1.72 loss per share The company reported a poor third quarter result with weaker earnings, revenues and control over expenses. Third quarter 2020 results: Revenue: CN¥1.45b (down 52% from 3Q 2019). Net loss: CN¥1.06b (down CN¥1.06b from profit in 3Q 2019). Over the last 3 years on average, earnings per share has fallen by 119% per year but the company’s share price has only fallen by 23% per year, which means it has not declined as severely as earnings. Is New 90 Day High Low • Oct 21
New 90-day low: CN¥3.83 The company is down 41% from its price of CN¥6.50 on 23 July 2020. The Chinese market is flat over the last 90 days, indicating the company underperformed over that time. It also underperformed the Household Products industry, which is down 15% over the same period. Announcement • Oct 19
Lonkey Industrial Co.,Ltd.Guangzhou to Report Q3, 2020 Results on Oct 27, 2020 Lonkey Industrial Co.,Ltd.Guangzhou announced that they will report Q3, 2020 results on Oct 27, 2020 Is New 90 Day High Low • Sep 28
New 90-day low: CN¥5.13 The company is down 7.0% from its price of CN¥5.51 on 30 June 2020. The Chinese market is up 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Household Products industry, which is down 2.0% over the same period. Announcement • Aug 02
Lonkey Industrial Co.,Ltd.Guangzhou to Report First Half, 2020 Results on Aug 25, 2020 Lonkey Industrial Co.,Ltd.Guangzhou announced that they will report first half, 2020 results on Aug 25, 2020 
