Announcement • Jun 30
Nantong JiangTian Chemical Co., Ltd. to Report First Half, 2026 Results on Aug 21, 2026 Nantong JiangTian Chemical Co., Ltd. announced that they will report first half, 2026 results on Aug 21, 2026 Declared Dividend • Jun 17
Dividend reduced to CN¥0.075 Dividend of CN¥0.075 is 17% lower than last year. Ex-date: 23rd June 2026 Payment date: 23rd June 2026 Dividend yield will be 0.3%, which is lower than the industry average of 2.6%. Sustainability & Growth Dividend is covered by earnings (34% earnings payout ratio) but not covered by cash flows (347% cash payout ratio). The dividend has decreased over the past 56 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to decline by 62% to shift the payout ratio to a potentially unsustainable range, which is more than the 17% EPS decline seen over the last 5 years. Reported Earnings • Apr 21
First quarter 2026 earnings released: EPS: CN¥0.089 (vs CN¥0.006 in 1Q 2025) First quarter 2026 results: EPS: CN¥0.089 (up from CN¥0.006 in 1Q 2025). Revenue: CN¥387.4m (up 11% from 1Q 2025). Net income: CN¥12.9m (up CN¥12.1m from 1Q 2025). Profit margin: 3.3% (up from 0.2% in 1Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 31% per year whereas the company’s share price has increased by 28% per year. Announcement • Apr 21
Nantong JiangTian Chemical Co., Ltd., Annual General Meeting, May 12, 2026 Nantong JiangTian Chemical Co., Ltd., Annual General Meeting, May 12, 2026, at 14:30 China Standard Time. Location: 4F, No. 16, Zhongyang Road, Nantong Development Zone, Jiangsu China Valuation Update With 7 Day Price Move • Apr 08
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to CN¥31.25, the stock trades at a trailing P/E ratio of 16.6x. Average trailing P/E is 46x in the Chemicals industry in China. Total returns to shareholders of 96% over the past three years. Announcement • Mar 31
Nantong JiangTian Chemical Co., Ltd. to Report Q1, 2026 Results on Apr 21, 2026 Nantong JiangTian Chemical Co., Ltd. announced that they will report Q1, 2026 results on Apr 21, 2026 Valuation Update With 7 Day Price Move • Mar 20
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to CN¥29.30, the stock trades at a trailing P/E ratio of 15.6x. Average trailing P/E is 47x in the Chemicals industry in China. Total returns to shareholders of 74% over the past three years. Valuation Update With 7 Day Price Move • Feb 09
Investor sentiment improves as stock rises 25% After last week's 25% share price gain to CN¥37.79, the stock trades at a trailing P/E ratio of 20.1x. Average trailing P/E is 49x in the Chemicals industry in China. Total returns to shareholders of 114% over the past three years. New Risk • Jan 20
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 High level of non-cash earnings (63% accrual ratio). Minor Risk Share price has been volatile over the past 3 months (8.4% average weekly change). Valuation Update With 7 Day Price Move • Jan 20
Investor sentiment improves as stock rises 22% After last week's 22% share price gain to CN¥30.31, the stock trades at a trailing P/E ratio of 16.1x. Average trailing P/E is 49x in the Chemicals industry in China. Total returns to shareholders of 71% over the past three years. Announcement • Dec 31
Nantong JiangTian Chemical Co., Ltd. to Report Fiscal Year 2025 Results on Apr 23, 2026 Nantong JiangTian Chemical Co., Ltd. announced that they will report fiscal year 2025 results on Apr 23, 2026 Announcement • Nov 13
Nantong Jiangtian Chemical Co., Ltd. Announces Board Appointments Nantong JiangTian Chemical Co., Ltd. announced its 3rd Extraordinary General Meeting of 2025 on 11 November 2025, during which the following proposal(s) was/were approved: Election and nomination of non-independent directors, cumulative voting system applicable: Zhu Hui, non-independent director, Chen Yunguang, non-independent director, Chen Dongming, non-independent director, Chen Hongying, non-independent director and Xue Jinghua, non-independent director. Election and nomination of independent directors, cumulative voting system applicable: Song Yihu, independent director, Yu Dong, independent director and Wu Jianxin, independent director. Valuation Update With 7 Day Price Move • Nov 11
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to CN¥30.95, the stock trades at a trailing P/E ratio of 16.4x. Average trailing P/E is 44x in the Chemicals industry in China. Total returns to shareholders of 104% over the past three years. Reported Earnings • Oct 23
Third quarter 2025 earnings released: EPS: CN¥0.054 (vs CN¥0.062 in 3Q 2024) Third quarter 2025 results: EPS: CN¥0.054 (down from CN¥0.062 in 3Q 2024). Revenue: CN¥356.6m (up 110% from 3Q 2024). Net income: CN¥7.95m (down 11% from 3Q 2024). Profit margin: 2.2% (down from 5.2% in 3Q 2024). Over the last 3 years on average, earnings per share has increased by 64% per year but the company’s share price has only increased by 21% per year, which means it is significantly lagging earnings growth. Announcement • Sep 30
Nantong JiangTian Chemical Co., Ltd. to Report Q3, 2025 Results on Oct 23, 2025 Nantong JiangTian Chemical Co., Ltd. announced that they will report Q3, 2025 results on Oct 23, 2025 Reported Earnings • Aug 31
Second quarter 2025 earnings released: CN¥0.004 loss per share (vs CN¥0.088 profit in 2Q 2024) Second quarter 2025 results: CN¥0.004 loss per share (down from CN¥0.088 profit in 2Q 2024). Revenue: CN¥402.3m (up 122% from 2Q 2024). Net loss: CN¥561.1k (down 104% from profit in 2Q 2024). Over the last 3 years on average, earnings per share has increased by 60% per year but the company’s share price has only increased by 23% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Aug 21
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to CN¥31.98, the stock trades at a trailing P/E ratio of 16.1x. Average trailing P/E is 45x in the Chemicals industry in China. Total returns to shareholders of 93% over the past three years. Announcement • Jul 02
Nantong JiangTian Chemical Co., Ltd. to Report First Half, 2025 Results on Aug 26, 2025 Nantong JiangTian Chemical Co., Ltd. announced that they will report first half, 2025 results on Aug 26, 2025 Valuation Update With 7 Day Price Move • Jun 19
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to CN¥28.89, the stock trades at a trailing P/E ratio of 14.6x. Average trailing P/E is 36x in the Chemicals industry in China. Total returns to shareholders of 74% over the past three years. Declared Dividend • Jun 16
Dividend reduced to CN¥0.09 Dividend of CN¥0.09 is 38% lower than last year. Ex-date: 20th June 2025 Payment date: 20th June 2025 Dividend yield will be 0.3%, which is lower than the industry average of 2.6%. Sustainability & Growth Dividend is covered by earnings (43% 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 decreased over the past 46 years, indicating a lack of growth and stability in payments. Earnings per share has grown by 32% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Valuation Update With 7 Day Price Move • May 21
Investor sentiment improves as stock rises 38% After last week's 38% share price gain to CN¥40.03, the stock trades at a trailing P/E ratio of 20.2x. Average trailing P/E is 38x in the Chemicals industry in China. Total returns to shareholders of 146% over the past three years. Valuation Update With 7 Day Price Move • May 07
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥27.89, the stock trades at a trailing P/E ratio of 14.1x. Average trailing P/E is 37x in the Chemicals industry in China. Total returns to shareholders of 68% over the past three years. Reported Earnings • Apr 19
Full year 2024 earnings released: EPS: CN¥2.06 (vs CN¥0.47 in FY 2023) Full year 2024 results: EPS: CN¥2.06 (up from CN¥0.47 in FY 2023). Revenue: CN¥688.4m (down 2.9% from FY 2023). Net income: CN¥297.7m (up 334% from FY 2023). Profit margin: 43% (up from 9.7% in FY 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth. Announcement • Apr 19
Nantong JiangTian Chemical Co., Ltd. Proposes Final Dividend for 2024 Nantong JiangTian Chemical Co., Ltd. proposed final cash dividend of CNY 0.90000000 per 10 shares (tax included) for 2024. Announcement • Apr 18
Nantong JiangTian Chemical Co., Ltd., Annual General Meeting, May 09, 2025 Nantong JiangTian Chemical Co., Ltd., Annual General Meeting, May 09, 2025, at 14:30 China Standard Time. Location: The Company's Meeting Room, Nantong, Jiangsu China Valuation Update With 7 Day Price Move • Apr 08
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to CN¥23.42, the stock trades at a trailing P/E ratio of 69.6x. Average trailing P/E is 33x in the Chemicals industry in China. Total returns to shareholders of 71% over the past three years. Announcement • Mar 31
Nantong JiangTian Chemical Co., Ltd. to Report Q1, 2025 Results on Apr 18, 2025 Nantong JiangTian Chemical Co., Ltd. announced that they will report Q1, 2025 results on Apr 18, 2025 New Risk • Mar 25
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 8.7% 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 0.2% per year over the past 5 years. High level of non-cash earnings (35% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (8.7% average weekly change). Valuation Update With 7 Day Price Move • Mar 25
Investor sentiment improves as stock rises 27% After last week's 27% share price gain to CN¥24.90, the stock trades at a trailing P/E ratio of 74x. Average trailing P/E is 37x in the Chemicals industry in China. Total returns to shareholders of 72% over the past three years. Announcement • Jan 23
Nantong JiangTian Chemical Co., Ltd. (SZSE:300927) completed the acquisition of San-Dia Polymers(nantong) Co., Ltd. from SDP Global Co., Ltd. Nantong JiangTian Chemical Co., Ltd. (SZSE:300927) agreed to acquire San-Dia Polymers(nantong) Co., Ltd. from SDP Global Co., Ltd. for ¥5.7 billion on September 26, 2024. A cash consideration of ¥5.7 billion will be paid by Nantong JiangTian Chemical Co., Ltd. As part of consideration, ¥5.7 billion is paid towards common equity of San-Dia Polymers(nantong) Co., Ltd. For the period ending December 31, 2023, San-Dia Polymers(nantong) Co., Ltd. reported total revenue of ¥18.42 billion, operating loss of ¥6 million and net income of ¥6 million. As of December 31, 2023, San-Dia Polymers(nantong) Co., Ltd. reported total assets of ¥15.52 billion and total common equity of ¥11.83 billion. The deal had been approved by the Board of Directors of Nantong JiangTian Chemical Co., Ltd. The deal also received approval from the Nantong Municipal State-owned Assets Supervision and Administration Commission for economic activities. The expected completion of the transaction is December 1, 2024 to December 31, 2024. Ping An Securities Co., Ltd and Beijing Guantao Law Firm advised on financial, legal aspects respectively while ShineWing Certified Public Accountants Co., Ltd. acted as an accountant to Nantong JiangTian Chemical Co., Ltd.
Nantong JiangTian Chemical Co., Ltd. (SZSE:300927) completed the acquisition of San-Dia Polymers(nantong) Co., Ltd. from SDP Global Co., Ltd. on January 22, 2025. Valuation Update With 7 Day Price Move • Jan 17
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to CN¥17.67, the stock trades at a trailing P/E ratio of 52.5x. Average trailing P/E is 34x in the Chemicals industry in China. Total returns to shareholders of 9.7% over the past three years. Announcement • Dec 31
Nantong JiangTian Chemical Co., Ltd. to Report Fiscal Year 2024 Results on Apr 18, 2025 Nantong JiangTian Chemical Co., Ltd. announced that they will report fiscal year 2024 results on Apr 18, 2025 Reported Earnings • Oct 22
Third quarter 2024 earnings released: EPS: CN¥0.062 (vs CN¥0.10 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.062 (down from CN¥0.10 in 3Q 2023). Revenue: CN¥169.5m (flat on 3Q 2023). Net income: CN¥8.89m (down 40% from 3Q 2023). Profit margin: 5.2% (down from 8.7% in 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings. Valuation Update With 7 Day Price Move • Oct 04
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥20.22, the stock trades at a trailing P/E ratio of 53.7x. Average trailing P/E is 34x in the Chemicals industry in China. Total loss to shareholders of 2.1% over the past three years. Announcement • Sep 30
Nantong JiangTian Chemical Co., Ltd. to Report Q3, 2024 Results on Oct 22, 2024 Nantong JiangTian Chemical Co., Ltd. announced that they will report Q3, 2024 results on Oct 22, 2024 Valuation Update With 7 Day Price Move • Sep 19
Investor sentiment improves as stock rises 24% After last week's 24% share price gain to CN¥16.14, the stock trades at a trailing P/E ratio of 42.8x. Average trailing P/E is 26x in the Chemicals industry in China. Total loss to shareholders of 33% over the past three years. Reported Earnings • Aug 20
Second quarter 2024 earnings released: EPS: CN¥0.088 (vs CN¥0.11 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.088 (down from CN¥0.11 in 2Q 2023). Revenue: CN¥181.0m (up 7.2% from 2Q 2023). Net income: CN¥12.7m (down 23% from 2Q 2023). Profit margin: 7.0% (down from 9.7% in 2Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 9% per year whereas the company’s share price has fallen by 4% per year. Valuation Update With 7 Day Price Move • Jul 30
Investor sentiment improves as stock rises 22% After last week's 22% share price gain to CN¥15.12, the stock trades at a trailing P/E ratio of 37.5x. Average trailing P/E is 27x in the Chemicals industry in China. Total loss to shareholders of 13% over the past three years. Announcement • Jun 29
Nantong JiangTian Chemical Co., Ltd. to Report First Half, 2024 Results on Aug 20, 2024 Nantong JiangTian Chemical Co., Ltd. announced that they will report first half, 2024 results on Aug 20, 2024 Declared Dividend • Jun 17
Dividend of CN¥0.14 announced Shareholders will receive a dividend of CN¥0.14. Ex-date: 21st June 2024 Payment date: 21st June 2024 Dividend yield will be 0.9%, which is lower than the industry average of 2.6%. Sustainability & Growth Dividend is covered by earnings (36% 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 7.5% per year over the past 3 years and payments have been stable during that time. The company's earnings per share (EPS) would need to decline by 60% to shift the payout ratio to a potentially unsustainable range, which is more than the 6.7% EPS decline seen over the last 5 years. Valuation Update With 7 Day Price Move • May 21
Investor sentiment improves as stock rises 29% After last week's 29% share price gain to CN¥18.66, the stock trades at a trailing P/E ratio of 46.3x. Average trailing P/E is 34x in the Chemicals industry in China. Total returns to shareholders of 12% over the past three years. Valuation Update With 7 Day Price Move • May 07
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to CN¥16.42, the stock trades at a trailing P/E ratio of 40.7x. Average trailing P/E is 34x in the Chemicals industry in China. Negligible returns to shareholders over past three years. Reported Earnings • Apr 20
First quarter 2024 earnings released: EPS: CN¥0.086 (vs CN¥0.16 in 1Q 2023) First quarter 2024 results: EPS: CN¥0.086 (down from CN¥0.16 in 1Q 2023). Revenue: CN¥171.3m (down 11% from 1Q 2023). Net income: CN¥12.4m (down 46% from 1Q 2023). Profit margin: 7.3% (down from 12% in 1Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 8% per year and the company’s share price has also fallen by 8% per year. Announcement • Apr 20
Nantong JiangTian Chemical Co., Ltd., Annual General Meeting, May 10, 2024 Nantong JiangTian Chemical Co., Ltd., Annual General Meeting, May 10, 2024, at 14:30 China Standard Time. Location: The Company's Meeting Room, Nantong, Jiangsu China Valuation Update With 7 Day Price Move • Apr 09
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to CN¥14.45, the stock trades at a trailing P/E ratio of 31.2x. Average trailing P/E is 29x in the Chemicals industry in China. Total loss to shareholders of 21% over the past three years. New Risk • Apr 08
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 12% 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 (12% average weekly change). High level of non-cash earnings (26% accrual ratio). Minor Risk Paying a dividend despite having no free cash flows. Announcement • Mar 30
Nantong JiangTian Chemical Co., Ltd. to Report Q1, 2024 Results on Apr 19, 2024 Nantong JiangTian Chemical Co., Ltd. announced that they will report Q1, 2024 results on Apr 19, 2024 Valuation Update With 7 Day Price Move • Mar 25
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥14.60, the stock trades at a trailing P/E ratio of 31.5x. Average trailing P/E is 30x in the Chemicals industry in China. Total loss to shareholders of 19% over the past three years. Valuation Update With 7 Day Price Move • Feb 22
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to CN¥11.29, the stock trades at a trailing P/E ratio of 24.3x. Average trailing P/E is 27x in the Chemicals industry in China. Total loss to shareholders of 38% over the past three years. Valuation Update With 7 Day Price Move • Feb 01
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to CN¥12.38, the stock trades at a trailing P/E ratio of 26.7x. Average trailing P/E is 28x in the Chemicals industry in China. Total loss to shareholders of 31% over the past three years. Announcement • Dec 30
Nantong JiangTian Chemical Co., Ltd. to Report Fiscal Year 2023 Results on Apr 19, 2024 Nantong JiangTian Chemical Co., Ltd. announced that they will report fiscal year 2023 results on Apr 19, 2024 Reported Earnings • Oct 24
Third quarter 2023 earnings released: EPS: CN¥0.10 (vs CN¥0.078 in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.10 (up from CN¥0.078 in 3Q 2022). Revenue: CN¥169.3m (down 2.8% from 3Q 2022). Net income: CN¥14.7m (up 31% from 3Q 2022). Profit margin: 8.7% (up from 6.4% in 3Q 2022). The increase in margin was driven by lower expenses. Announcement • Sep 30
Nantong JiangTian Chemical Co., Ltd. to Report Q3, 2023 Results on Oct 20, 2023 Nantong JiangTian Chemical Co., Ltd. announced that they will report Q3, 2023 results on Oct 20, 2023 New Risk • Aug 19
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 21% 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 (21% accrual ratio). Minor Risk Paying a dividend despite having no free cash flows. Reported Earnings • Aug 18
Second quarter 2023 earnings released: EPS: CN¥0.11 (vs CN¥0.11 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.11 (up from CN¥0.11 in 2Q 2022). Revenue: CN¥168.9m (down 8.4% from 2Q 2022). Net income: CN¥16.5m (up 3.8% from 2Q 2022). Profit margin: 9.7% (up from 8.6% in 2Q 2022). The increase in margin was driven by lower expenses. Announcement • Jul 01
Nantong JiangTian Chemical Co., Ltd. to Report First Half, 2023 Results on Aug 18, 2023 Nantong JiangTian Chemical Co., Ltd. announced that they will report first half, 2023 results on Aug 18, 2023 Announcement • Jun 10
Nantong Jiangtian Chemical Co., Ltd. Announces Final Dividend on A Shares for the Year 2022, Payable on June 16, 2023 Nantong JiangTian Chemical Co., Ltd. announced final cash dividend/10 shares (tax included) of CNY 1.35000000 on A shares for the year 2022. Record date is June 15, 2023. Ex-date is May June 16, 2023. Payment date is June 16, 2023. Reported Earnings • Apr 18
First quarter 2023 earnings released: EPS: CN¥0.16 (vs CN¥0.17 in 1Q 2022) First quarter 2023 results: EPS: CN¥0.16 (down from CN¥0.17 in 1Q 2022). Revenue: CN¥191.5m (flat on 1Q 2022). Net income: CN¥22.8m (down 4.0% from 1Q 2022). Profit margin: 12% (in line with 1Q 2022). Valuation Update With 7 Day Price Move • Feb 15
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to CN¥20.61, the stock trades at a trailing P/E ratio of 41.3x. Average trailing P/E is 30x in the Chemicals industry in China. Total returns to shareholders of 24% over the past year. Valuation Update With 7 Day Price Move • Dec 30
Investor sentiment improved over the past week After last week's 19% share price gain to CN¥16.46, the stock trades at a trailing P/E ratio of 33x. Average trailing P/E is 27x in the Chemicals industry in China. Total loss to shareholders of 12% over the past year. Buying Opportunity • Dec 16
Now 21% undervalued The stock has been flat over the last 90 days. The fair value is estimated to be CN¥18.76, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 22% over the last 3 years, while earnings per share has been flat. Board Change • Dec 01
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. 2 experienced directors. 2 highly experienced directors. Director Jin Hua Song is the most experienced director on the board, commencing their role in 2014. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 6 non-independent directors. Independent Director Wei Zhong Jiang was the last independent director to join the board, commencing their role in 2016. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Nov 15
Nantong Jiangtian Chemical Co., Ltd. Announces Executive Appointments Nantong JiangTian Chemical Co., Ltd. at its EGM held on 11 November 2022 appointed Chen Yunguang, Huang Liang and Xue Jinghua as non-independent directors. Song Yihu, Yu Dong and Wu Jianxin appointed as independent directors. Wu Jian appointed as non-employee supervisors. Reported Earnings • Oct 25
Third quarter 2022 earnings released: EPS: CN¥0.078 (vs CN¥0.095 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.078 (down from CN¥0.095 in 3Q 2021). Revenue: CN¥174.2m (up 2.9% from 3Q 2021). Net income: CN¥11.2m (down 19% from 3Q 2021). Profit margin: 6.4% (down from 8.1% in 3Q 2021). The decrease in margin was driven by higher expenses. Reported Earnings • Aug 24
Second quarter 2022 earnings released: EPS: CN¥0.11 (vs CN¥0.13 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.11 (down from CN¥0.13 in 2Q 2021). Revenue: CN¥184.3m (up 4.5% from 2Q 2021). Net income: CN¥15.8m (down 18% from 2Q 2021). Profit margin: 8.6% (down from 11% in 2Q 2021). The decrease in margin was driven by higher expenses. Announcement • Jun 10
Nantong Jiangtian Chemicals Co., Ltd Approves 2021 Final Profit Distribution Plan to Be Implemented (A Shares), Payable on June 16, 2022 Nantong Jiangtian Chemicals Co. Ltd. approved 2021 final profit distribution plan to be implemented (A shares), payable on June 16, 2022. The company announced Cash dividend/10 shares (tax included) of CNY 2.88000000. The record date is June 15, 2022 and Ex-date is June 16, 2022. Announcement • May 18
Nantong Jiangtian Chemicals Co., Ltd Approves 2021 Profit Distribution Plan At Annual General Meeting Held on May 13, 2022 Nantong Jiangtian Chemicals Co. Ltd. approved 2021 profit distribution plan at Annual General Meeting held on May 13, 2022. The company announced Cash dividend/10 shares (tax included) of CNY 2.88000000. Announcement • Apr 20
Nantong Jiangtian Chemicals Co., Ltd. Proposes Final Dividend for 2021 Nantong Jiangtian Chemicals Co. Ltd. proposed final dividend of CNY 2.88000000 per 10 shares (tax included) for 2021. Reported Earnings • Apr 19
Full year 2021 earnings released: EPS: CN¥0.95 (vs CN¥0.92 in FY 2020) Full year 2021 results: EPS: CN¥0.95 (up from CN¥0.92 in FY 2020). Revenue: CN¥710.0m (up 62% from FY 2020). Net income: CN¥75.8m (up 38% from FY 2020). Profit margin: 11% (down from 13% in FY 2020). The decrease in margin was driven by higher expenses. Reported Earnings • Oct 26
Third quarter 2021 earnings released: EPS CN¥0.17 (vs CN¥0.21 in 3Q 2020) The company reported a solid third quarter result with improved earnings and revenues, although profit margins were weaker. Third quarter 2021 results: Revenue: CN¥169.3m (up 72% from 3Q 2020). Net income: CN¥13.8m (up 10% from 3Q 2020). Profit margin: 8.1% (down from 13% in 3Q 2020). The decrease in margin was driven by higher expenses. Valuation Update With 7 Day Price Move • Sep 15
Investor sentiment improved over the past week After last week's 38% share price gain to CN¥48.86, the stock trades at a trailing P/E ratio of 59.5x. Average trailing P/E is 33x in the Chemicals industry in China. Valuation Update With 7 Day Price Move • Sep 01
Investor sentiment improved over the past week After last week's 16% share price gain to CN¥37.41, the stock trades at a trailing P/E ratio of 39.8x. Average trailing P/E is 32x in the Chemicals industry in China. Reported Earnings • Aug 18
Second quarter 2021 earnings released: EPS CN¥0.24 (vs CN¥0.21 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¥176.4m (up 79% from 2Q 2020). Net income: CN¥19.3m (up 54% from 2Q 2020). Profit margin: 11% (down from 13% in 2Q 2020). The decrease in margin was driven by higher expenses. Valuation Update With 7 Day Price Move • Apr 07
Investor sentiment improved over the past week After last week's 16% share price gain to CN¥36.53, the stock trades at a trailing P/E ratio of 42.5x. Average trailing P/E is 35x in the Chemicals industry in China. Announcement • Mar 09
Nantong JiangTian Chemical Co., Ltd. to Report Fiscal Year 2020 Results on Apr 20, 2021 Nantong JiangTian Chemical Co., Ltd. announced that they will report fiscal year 2020 results on Apr 20, 2021 Valuation Update With 7 Day Price Move • Feb 23
Investor sentiment improved over the past week After last week's 35% share price gain to CN¥38.56, the stock is trading at a trailing P/E ratio of 44.9x, up from the previous P/E ratio of 33.2x. This compares to an average P/E of 37x in the Chemicals industry in China. Valuation Update With 7 Day Price Move • Feb 08
Investor sentiment deteriorated over the past week After last week's 22% share price decline to CN¥29.05, the stock is trading at a trailing P/E ratio of 33.8x, down from the previous P/E ratio of 43.5x. This compares to an average P/E of 34x in the Chemicals industry in China.