Announcement • Aug 12
Shiyue Daotian Group Co., Ltd. to Report First Half, 2026 Results on Aug 24, 2026 Shiyue Daotian Group Co., Ltd. announced that they will report first half, 2026 results on Aug 24, 2026 Board Change • Jul 15
Less than half of directors are independent Following the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent Non-Executive Director Hong Guo was the last independent director to join the board, commencing their role in 2025. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • Jun 22
Investor sentiment deteriorates as stock falls 21% After last week's 21% share price decline to HK$3.99, the stock trades at a forward P/E ratio of 5x. Average forward P/E is 10x in the Food industry in Hong Kong. Total loss to shareholders of 43% over the past year. Upcoming Dividend • Jun 15
Upcoming dividend of HK$0.37 per share Eligible shareholders must have bought the stock before 22 June 2026. Payment date: 17 July 2026. Payout ratio is on the higher end at 80% but the company is not cash flow positive. Trailing yield: 7.3%. Within top quartile of Hong Kong dividend payers (7.1%). Higher than average of industry peers (5.8%). Announcement • Jun 09
Shiyue Daotian Group Co., Ltd. Approves Final Dividend for the Year Ended 31 December 2025, Payable on July 17, 2026 Shiyue Daotian Group Co., Ltd. at its AGM held on June 8, 2026, approved to distribute the final dividend RMB 0.32 per Share (tax inclusive) for the Year Ended 31 December 2025 in cash on, July 17, 2026 to the holders of H Shares whose names appear on the register of members of the Company on, June 26, 2026. Ex-dividend date 22 June 2026. Declared Dividend • May 17
Dividend of CN¥0.32 announced Shareholders will receive a dividend of CN¥0.32. Ex-date: 22nd June 2026 Payment date: 17th July 2026 Dividend yield will be 5.6%, which is about the same as the industry average. Sustainability & Growth Dividend is covered by earnings (80% 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 221% per year over the past 2 years. However, payments have been volatile during that time. EPS is expected to grow by 77% over the next 2 years, which should provide support to the dividend and adequate earnings cover. Announcement • May 15
Shiyue Daotian Group Co., Ltd., Annual General Meeting, Jun 08, 2026 Shiyue Daotian Group Co., Ltd., Annual General Meeting, Jun 08, 2026, at 10:00 China Standard Time. Location: on-site meeting at 2/f, building a, yisha wenxin plaza, chaoyang district, beijing., China New Risk • May 01
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 22% 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 (22% accrual ratio). Minor Risk Paying a dividend despite having no free cash flows. Reported Earnings • Mar 28
Full year 2025 earnings: EPS and revenues miss analyst expectations Full year 2025 results: EPS: CN¥0.40 (up from CN¥0.19 in FY 2024). Revenue: CN¥6.81b (up 19% from FY 2024). Net income: CN¥428.3m (up 110% from FY 2024). Profit margin: 6.3% (up from 3.6% in FY 2024). Revenue missed analyst estimates by 1.7%. Earnings per share (EPS) also missed analyst estimates by 27%. Revenue is forecast to grow 16% p.a. on average during the next 2 years, compared to a 5.0% growth forecast for the Food industry in Hong Kong. Announcement • Mar 17
Shiyue Daotian Group Co., Ltd. to Report Fiscal Year 2025 Results on Mar 27, 2026 Shiyue Daotian Group Co., Ltd. announced that they will report fiscal year 2025 results on Mar 27, 2026 New Risk • Mar 16
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2025. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Minor Risks Latest financial reports are more than 6 months old (reported June 2025 fiscal period end). Large one-off items impacting financial results. Valuation Update With 7 Day Price Move • Feb 25
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to HK$7.56, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 13x in the Food industry in Hong Kong. Total returns to shareholders of 31% over the past year. Buy Or Sell Opportunity • Feb 10
Now 21% undervalued Over the last 90 days, the stock has risen 9.2% to HK$8.90. The fair value is estimated to be HK$11.24, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 18% over the last year. Meanwhile, the company has become profitable. Revenue is forecast to grow by 42% in 2 years. Earnings are forecast to grow by 311% in the next 2 years. Valuation Update With 7 Day Price Move • Jan 12
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to HK$8.44, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 12x in the Food industry in Hong Kong. Total returns to shareholders of 74% over the past year. Board Change • Jan 01
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Executive Director & Director of Human Resources Department Yang He was the last director to join the board, commencing their role in 2025. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Buy Or Sell Opportunity • Sep 08
Now 21% undervalued Over the last 90 days, the stock has risen 33% to HK$8.35. The fair value is estimated to be HK$10.59, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 18% over the last year. Meanwhile, the company has become profitable. Reported Earnings • Aug 31
First half 2025 earnings released: EPS: CN¥0.11 (vs CN¥0.12 in 1H 2024) First half 2025 results: EPS: CN¥0.11 (down from CN¥0.12 in 1H 2024). Revenue: CN¥3.06b (up 17% from 1H 2024). Net income: CN¥116.2m (down 7.6% from 1H 2024). Profit margin: 3.8% (down from 4.8% in 1H 2024). Valuation Update With 7 Day Price Move • Aug 27
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to HK$8.95, the stock trades at a trailing P/E ratio of 43x. Average trailing P/E is 15x in the Food industry in Hong Kong. Total loss to shareholders of 44% over the past year. Announcement • Aug 18
Shiyue Daotian Group Co., Ltd. to Report First Half, 2025 Results on Aug 28, 2025 Shiyue Daotian Group Co., Ltd. announced that they will report first half, 2025 results on Aug 28, 2025 Valuation Update With 7 Day Price Move • Jul 24
Investor sentiment improves as stock rises 23% After last week's 23% share price gain to HK$8.95, the stock trades at a trailing P/E ratio of 42.6x. Average trailing P/E is 16x in the Food industry in Hong Kong. Total loss to shareholders of 56% over the past year. New Risk • Jul 03
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 Hong Kong stocks, typically moving 11% 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 (11% average weekly change). Large one-off items impacting financial results. Announcement • Jun 27
Shiyue Daotian Group Co., Ltd. Approves Final Dividend for the Year 2024, Payable on July 18, 2025 Shiyue Daotian Group Co., Ltd. announced at 2024 annual general meeting held on JUNE 26, 2025, the shareholders approved profit distribution plan for the year 2024. Upon approval by the Shareholders at the AGM, the Company will distribute the final dividend of RMB 0.164 per share (tax inclusive) in cash on July 18, 2025 to the holders of Unlisted Shares and H Shares whose names appear on the register of members of the Company on July 7, 2025. Upcoming Dividend • Jun 23
Upcoming dividend of CN¥0.16 per share Eligible shareholders must have bought the stock before 30 June 2025. Payment date: 18 July 2025. Payout ratio is on the higher end at 86%, however this is supported by cash flows. Trailing yield: 2.5%. Lower than top quartile of Hong Kong dividend payers (7.5%). Lower than average of industry peers (4.7%). Announcement • May 21
Shiyue Daotian Group Co., Ltd., Annual General Meeting, Jun 26, 2025 Shiyue Daotian Group Co., Ltd., Annual General Meeting, Jun 26, 2025, at 10:00 China Standard Time. Location: 2/f, building a, yisha wenxin plaza, chaoyang district, beijing, prc., China Reported Earnings • Apr 27
Full year 2024 earnings released: EPS: CN¥0.19 (vs CN¥0.084 loss in FY 2023) Full year 2024 results: EPS: CN¥0.19 (up from CN¥0.084 loss in FY 2023). Revenue: CN¥5.75b (up 18% from FY 2023). Net income: CN¥204.4m (up CN¥271.7m from FY 2023). Profit margin: 3.6% (up from net loss in FY 2023). New Risk • Apr 07
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 Hong Kong stocks, typically moving 12% 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. This is currently the only risk that has been identified for the company. Valuation Update With 7 Day Price Move • Apr 07
Investor sentiment improves as stock rises 40% After last week's 40% share price gain to HK$7.83, the stock trades at a trailing P/E ratio of 38.5x. Average trailing P/E is 13x in the Food industry in Hong Kong. Total loss to shareholders of 61% over the past year. New Risk • Mar 27
New minor risk - Dividend sustainability The dividend is not well covered by cash flows. The company is paying a dividend despite having no free cash flows. Dividend yield: 3.0% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. For dividend paying companies, any reduction in the dividend can significantly impact the share price. This is currently the only risk that has been identified for the company. Announcement • Mar 25
Shiyue Daotian Group Co., Ltd. Proposes Final Dividend for the Year Ended December 31, 2023, Payable on July 18, 2025 Shiyue Daotian Group Co., Ltd. proposed Final dividend of RMB 0.164 per share for the year ended 31 December 2024. Payment date is 18 July 2025. Valuation Update With 7 Day Price Move • Feb 10
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to HK$5.82, the stock trades at a trailing P/E ratio of 76.9x. Average trailing P/E is 15x in the Food industry in Hong Kong. Total loss to shareholders of 74% over the past year. Valuation Update With 7 Day Price Move • Jan 10
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to HK$5.09, the stock trades at a trailing P/E ratio of 67.6x. Average trailing P/E is 14x in the Food industry in Hong Kong. Total loss to shareholders of 80% over the past year. New Risk • Jan 05
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 Hong Kong stocks, typically moving 16% 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 Risk Share price has been highly volatile over the past 3 months (16% average weekly change). Minor Risk Significant insider selling over the past 3 months (HK$34m sold). Reported Earnings • Sep 29
First half 2024 earnings released First half 2024 results: EPS: CN¥0.12. Net income: CN¥125.8m (up CN¥125.8m from 1H 2023). Reported Earnings • Aug 30
First half 2024 earnings released: EPS: CN¥0.12 (vs CN¥0.037 in 1H 2023) First half 2024 results: EPS: CN¥0.12 (up from CN¥0.037 in 1H 2023). Revenue: CN¥2.62b (up 21% from 1H 2023). Net income: CN¥125.8m (up 372% from 1H 2023). Profit margin: 4.8% (up from 1.2% in 1H 2023). The increase in margin was driven by higher revenue. Announcement • Aug 20
Shiyue Daotian Group Co., Ltd. to Report First Half, 2024 Results on Aug 29, 2024 Shiyue Daotian Group Co., Ltd. announced that they will report first half, 2024 results on Aug 29, 2024 Announcement • Jun 08
Shiyue Daotian Group Co., Ltd. Announces Ordinary Final Dividend for the Year Ended 31 December 2023, Payment Date of 19 July 2024 Shiyue Daotian Group Co., Ltd. announced ordinary final dividend of RMB 0.031 per share for the Year Ended 31 December 2023. Date of shareholders' approval is 7 June 2024. Ex-dividend date is 12 June 2024. Record date is 17 June 2024. Payment date is 19 July 2024. Announcement • May 18
Shiyue Daotian Group Co., Ltd., Annual General Meeting, Jun 07, 2024 Shiyue Daotian Group Co., Ltd., Annual General Meeting, Jun 07, 2024, at 10:00 China Standard Time. Location: 2/f, building a, yisha wenxin plaza, chaoyang district, the prc, beijing China Reported Earnings • Apr 28
Full year 2023 earnings: EPS and revenues miss analyst expectations Full year 2023 results: CN¥0.084 loss per share (improved from CN¥0.60 loss in FY 2022). Revenue: CN¥4.87b (up 7.4% from FY 2022). Net loss: CN¥67.3m (loss narrowed 84% from FY 2022). Revenue missed analyst estimates by 10%. Earnings per share (EPS) were also behind analyst expectations. Revenue is forecast to grow 21% p.a. on average during the next 3 years, compared to a 7.8% growth forecast for the Food industry in Hong Kong. Reported Earnings • Mar 31
Full year 2023 earnings: EPS and revenues miss analyst expectations Full year 2023 results: CN¥0.084 loss per share (improved from CN¥0.60 loss in FY 2022). Revenue: CN¥4.87b (up 7.4% from FY 2022). Net loss: CN¥67.3m (loss narrowed 84% from FY 2022). Revenue missed analyst estimates by 10%. Earnings per share (EPS) were also behind analyst expectations. Revenue is forecast to grow 26% p.a. on average during the next 2 years, compared to a 8.5% growth forecast for the Food industry in Hong Kong. Announcement • Mar 29
Shiyue Daotian Group Co., Ltd. Proposes Ordinary Final Dividend for the Year Ended 31 December 2023 Shiyue Daotian Group Co., Ltd. proposed Ordinary Final Dividend of RMB 0.031 per share for the Year Ended 31 December 2023. Announcement • Mar 20
Shiyue Daotian Group Co., Ltd. to Report Fiscal Year 2023 Results on Mar 28, 2024 Shiyue Daotian Group Co., Ltd. announced that they will report fiscal year 2023 results on Mar 28, 2024 Board Change • Oct 13
Less than half of directors are independent There are 7 new directors who have joined the board in the last 3 years. Of these new board members, 3 were independent directors. The company's board is composed of: 7 new directors. 5 experienced directors. No highly experienced directors. 3 independent directors (6 non-independent directors). Executive Director Minghe Shu is the most experienced director on the board, commencing their role in 2020. Independent Non-Executive Director Chi Tat Yeung was the last independent director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors. Announcement • Oct 12
Shiyue Daotian Group Co., Ltd. has completed an IPO in the amount of HKD 820.3392 million. Shiyue Daotian Group Co., Ltd. has completed an IPO in the amount of HKD 820.3392 million.
Security Name: H Shares
Security Type: Common Stock
Securities Offered: 5,341,200
Price\Range: HKD 15.36
Discount Per Security: HKD 0.43008
Security Name: H Shares
Security Type: Common Stock
Securities Offered: 41,433,900
Price\Range: HKD 15.36
Discount Per Security: HKD 0.43008
Security Name: H Shares
Security Type: Common Stock
Securities Offered: 6,632,400
Price\Range: HKD 15.36
Discount Per Security: HKD 0.43008
Transaction Features: Regulation S; Rule 144A; Sponsor Backed Offering