Valuation Update With 7 Day Price Move • Jun 08
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to CN¥7.82, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 15x in the Consumer Retailing industry in China. Total loss to shareholders of 37% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥14.35 per share. Declared Dividend • May 25
Dividend of CN¥0.055 announced Shareholders will receive a dividend of CN¥0.055. Ex-date: 28th May 2026 Payment date: 28th May 2026 Dividend yield will be 0.8%, which is lower than the industry average of 1.7%. Sustainability & Growth Dividend is well covered by both earnings (31% earnings payout ratio) and cash flows (12% cash payout ratio). The dividend has increased by an average of 39% per year over the past 4 years. However, payments have been volatile during that time. EPS is expected to grow by 109% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Price Target Changed • Apr 10
Price target decreased by 14% to CN¥14.12 Down from CN¥16.39, the current price target is an average from 3 analysts. New target price is 64% above last closing price of CN¥8.60. Stock is down 37% over the past year. The company is forecast to post earnings per share of CN¥0.33 for next year compared to CN¥0.24 last year. Announcement • Apr 09
Kidswant Children Products Co.,Ltd. announced that it expects to receive CNY 300 million in funding Kidswant Children Products Co.,Ltd. has announced to issue Private Placement of not more than 30% of total share capital A Shares at a price of not less than 80% of the average price in the 20 trading days before the pricing reference date for gross proceeds of CNY 300,000,000 on April 7, 2026. The transaction includes not more than 35 investors participation. The transaction has been approved by Board of directors at 7th Meeting of the 4th Directorate and is subject to the approval of shareholders. All the securities issued pursuant to the offering are subject to hold period of six months from closing date. Reported Earnings • Apr 09
Full year 2025 earnings: EPS and revenues miss analyst expectations Full year 2025 results: EPS: CN¥0.24 (up from CN¥0.16 in FY 2024). Revenue: CN¥10.3b (up 10.0% from FY 2024). Net income: CN¥297.6m (up 64% from FY 2024). Profit margin: 2.9% (up from 1.9% in FY 2024). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 7.4%. Earnings per share (EPS) also missed analyst estimates by 13%. Revenue is forecast to grow 21% p.a. on average during the next 2 years, compared to a 10% growth forecast for the Consumer Retailing industry in China. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings. New Risk • Apr 09
New major risk - Revenue and earnings growth Earnings have declined by 17% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 17% per year over the past 5 years. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Announcement • Apr 09
Kidswant Children Products Co.,Ltd., Annual General Meeting, May 13, 2026 Kidswant Children Products Co.,Ltd., Annual General Meeting, May 13, 2026, at 14:30 China Standard Time. Location: The Company's Meeting Room, Nanjing, Jiangsu China Announcement • Mar 31
Kidswant Children Products Co.,Ltd. to Report Q1, 2026 Results on Apr 28, 2026 Kidswant Children Products Co.,Ltd. announced that they will report Q1, 2026 results on Apr 28, 2026 Valuation Update With 7 Day Price Move • Mar 09
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to CN¥9.32, the stock trades at a forward P/E ratio of 25x. Average forward P/E is 27x in the Consumer Retailing industry in China. Total loss to shareholders of 26% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥14.14 per share. Buy Or Sell Opportunity • Jan 20
Now 21% undervalued Over the last 90 days, the stock has risen 2.2% to CN¥11.10. The fair value is estimated to be CN¥14.06, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.2% over the last 3 years. Earnings per share has grown by 23%. Revenue is forecast to grow by 56% in 2 years. Earnings are forecast to grow by 138% in the next 2 years. Announcement • Dec 31
Kidswant Children Products Co.,Ltd. to Report Fiscal Year 2025 Results on Apr 09, 2026 Kidswant Children Products Co.,Ltd. announced that they will report fiscal year 2025 results on Apr 09, 2026 Valuation Update With 7 Day Price Move • Dec 19
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to CN¥11.30, the stock trades at a forward P/E ratio of 30x. Average forward P/E is 29x in the Consumer Retailing industry in China. Total loss to shareholders of 10% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥14.28 per share. Reported Earnings • Oct 28
Third quarter 2025 earnings released: EPS: CN¥0.052 (vs CN¥0.044 in 3Q 2024) Third quarter 2025 results: EPS: CN¥0.052 (up from CN¥0.044 in 3Q 2024). Revenue: CN¥2.44b (up 7.0% from 3Q 2024). Net income: CN¥66.0m (up 28% from 3Q 2024). Profit margin: 2.7% (up from 2.3% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 21% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Consumer Retailing industry in China. Over the last 3 years on average, earnings per share has increased by 23% 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
Kidswant Children Products Co.,Ltd. to Report Q3, 2025 Results on Oct 28, 2025 Kidswant Children Products Co.,Ltd. announced that they will report Q3, 2025 results on Oct 28, 2025 Announcement • Aug 22
Kidswant Children Products Co.,Ltd. Announces Profit Distribution Proposal for the First Half of 2025 Kidswant Children Products Co.,Ltd. announced on 19 August 2025 the profit distribution proposal for the first half of 2025 of Cash dividend/10 shares (tax included) of CNY 0.20000000. Reported Earnings • Aug 19
Second quarter 2025 earnings released: EPS: CN¥0.081 (vs CN¥0.063 in 2Q 2024) Second quarter 2025 results: EPS: CN¥0.081 (up from CN¥0.063 in 2Q 2024). Revenue: CN¥2.51b (up 7.8% from 2Q 2024). Net income: CN¥112.1m (up 65% from 2Q 2024). Profit margin: 4.5% (up from 2.9% in 2Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 19% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Consumer Retailing industry in China. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Board Change • Jul 29
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 7 experienced directors. No highly experienced directors. Employee Representative Director Lizhu Liu was the last director to join the board, commencing their role in 2025. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Announcement • Jul 02
Kidswant Children Products Co.,Ltd. to Report First Half, 2025 Results on Aug 19, 2025 Kidswant Children Products Co.,Ltd. announced that they will report first half, 2025 results on Aug 19, 2025 Price Target Changed • Jun 11
Price target increased by 9.5% to CN¥16.39 Up from CN¥14.97, the current price target is an average from 3 analysts. New target price is 19% above last closing price of CN¥13.72. Stock is up 142% over the past year. The company is forecast to post earnings per share of CN¥0.28 for next year compared to CN¥0.16 last year. Buy Or Sell Opportunity • Jun 09
Now 22% undervalued after recent price drop Over the last 90 days, the stock has fallen 6.6% to CN¥13.92. The fair value is estimated to be CN¥17.79, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 8.7%. Revenue is forecast to grow by 45% in 2 years. Earnings are forecast to grow by 146% in the next 2 years. Buy Or Sell Opportunity • May 21
Now 22% undervalued after recent price drop Over the last 90 days, the stock has fallen 3.2% to CN¥13.80. The fair value is estimated to be CN¥17.59, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 8.7%. Revenue is forecast to grow by 45% in 2 years. Earnings are forecast to grow by 146% in the next 2 years. New Risk • May 09
New minor risk - Dividend sustainability The company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 0.6% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (13% average weekly change). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Reported Earnings • Apr 25
First quarter 2025 earnings released: EPS: CN¥0.028 (vs CN¥0.011 in 1Q 2024) First quarter 2025 results: EPS: CN¥0.028 (up from CN¥0.011 in 1Q 2024). Revenue: CN¥2.40b (up 9.5% from 1Q 2024). Net income: CN¥31.0m (up 166% from 1Q 2024). Profit margin: 1.3% (up from 0.5% in 1Q 2024). Revenue is forecast to grow 19% p.a. on average during the next 3 years, compared to a 9.9% growth forecast for the Consumer Retailing industry in China. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Board Change • Apr 17
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Non Employee Representative Supervisor Wen Liu was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Price Target Changed • Apr 08
Price target increased by 7.4% to CN¥16.09 Up from CN¥14.97, the current price target is an average from 3 analysts. New target price is 32% above last closing price of CN¥12.14. Stock is up 83% over the past year. The company is forecast to post earnings per share of CN¥0.16 for next year compared to CN¥0.096 last year. Major Estimate Revision • Apr 07
Consensus EPS estimates increase by 11% The consensus outlook for earnings per share (EPS) in fiscal year 2025 has improved. 2025 revenue forecast increased from CN¥10.9b to CN¥11.7b. EPS estimate increased from CN¥0.25 to CN¥0.277 per share. Net income forecast to grow 159% next year vs 47% growth forecast for Consumer Retailing industry in China. Consensus price target up from CN¥14.97 to CN¥15.67. Share price fell 20% to CN¥10.12 over the past week. Announcement • Apr 04
Kidswant Children Products Co.,Ltd. Proposes Final Cash Dividend for the Year 2024 Kidswant Children Products Co.,Ltd. proposed final cash dividend/10 shares (tax included) of CNY 0.50000000 for the year 2024. Announcement • Apr 03
Kidswant Children Products Co.,Ltd., Annual General Meeting, May 15, 2025 Kidswant Children Products Co.,Ltd., Annual General Meeting, May 15, 2025, at 14:30 China Standard Time. Location: The Company's Meeting Room, Nanjing, Jiangsu China Announcement • Mar 31
Kidswant Children Products Co.,Ltd. to Report Q1, 2025 Results on Apr 25, 2025 Kidswant Children Products Co.,Ltd. announced that they will report Q1, 2025 results on Apr 25, 2025 New Risk • Mar 14
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 10% 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 (10% average weekly change). Minor Risk Large one-off items impacting financial results. Price Target Changed • Feb 19
Price target increased by 46% to CN¥13.57 Up from CN¥9.32, the current price target is an average from 2 analysts. New target price is approximately in line with last closing price of CN¥13.20. Stock is up 91% over the past year. The company is forecast to post earnings per share of CN¥0.17 for next year compared to CN¥0.096 last year. Announcement • Dec 31
Kidswant Children Products Co.,Ltd. to Report Fiscal Year 2024 Results on Apr 03, 2025 Kidswant Children Products Co.,Ltd. announced that they will report fiscal year 2024 results on Apr 03, 2025 Major Estimate Revision • Oct 29
Consensus EPS estimates fall by 18% The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from CN¥10.2b to CN¥9.95b. EPS estimate also fell from CN¥0.242 per share to CN¥0.198 per share. Net income forecast to grow 134% next year vs 57% growth forecast for Consumer Retailing industry in China. Consensus price target of CN¥8.55 unchanged from last update. Share price fell 2.6% to CN¥11.60 over the past week. Reported Earnings • Oct 22
Third quarter 2024 earnings released: EPS: CN¥0.044 (vs CN¥0.041 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.044 (up from CN¥0.041 in 3Q 2023). Revenue: CN¥2.28b (up 4.1% from 3Q 2023). Net income: CN¥51.5m (up 8.7% from 3Q 2023). Profit margin: 2.3% (up from 2.2% in 3Q 2023). Revenue is forecast to grow 9.9% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Consumer Retailing industry in China. Over the last 3 years on average, earnings per share has fallen by 36% per year but the company’s share price has only fallen by 15% per year, which means it has not declined as severely as earnings. New Risk • Oct 11
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 3.8% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. 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. Shareholders have been diluted in the past year (3.8% increase in shares outstanding). Announcement • Sep 30
Kidswant Children Products Co.,Ltd. to Report Q3, 2024 Results on Oct 22, 2024 Kidswant Children Products Co.,Ltd. announced that they will report Q3, 2024 results on Oct 22, 2024 New Risk • Sep 28
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 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: Minor Risks Share price has been volatile over the past 3 months (7.1% average weekly change). Large one-off items impacting financial results. Valuation Update With 7 Day Price Move • Sep 24
Investor sentiment improves as stock rises 22% After last week's 22% share price gain to CN¥6.32, the stock trades at a forward P/E ratio of 25x. Average forward P/E is 10x in the Consumer Retailing industry in China. Total loss to shareholders of 33% over the past year. Announcement • Sep 12
Kidswant Children Products Co.,Ltd Approves Cash Dividend for 2024 Kidswant Children Products Co.,Ltd. at its 4th Extraordinary General Meeting of 2024 on 10 September 2024 approved Cash dividend/10 shares (tax included): CNY 0.20000000. Reported Earnings • Aug 21
Second quarter 2024 earnings released: EPS: CN¥0.063 (vs CN¥0.057 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.063 (up from CN¥0.057 in 2Q 2023). Revenue: CN¥2.33b (up 13% from 2Q 2023). Net income: CN¥68.1m (up 9.9% from 2Q 2023). Profit margin: 2.9% (in line with 2Q 2023). Revenue is forecast to grow 9.7% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Consumer Retailing industry in China. Announcement • Aug 17
Kidswant Children Products Co.,Ltd. Proposes Interim Dividend for the First Half of 2024 Kidswant Children Products Co.,Ltd. proposed interim cash dividend of CNY 0.20000000 per 10 shares (tax included) for the first half of 2024. Announcement • Jun 29
Kidswant Children Products Co.,Ltd. to Report First Half, 2024 Results on Aug 16, 2024 Kidswant Children Products Co.,Ltd. announced that they will report first half, 2024 results on Aug 16, 2024 Announcement • Jun 24
Kidswant Children Products Co.,Ltd. Announces Final Profit Distribution for the Year 2023, Payable on June 27, 2024 Kidswant Children Products Co.,Ltd. announced that 2023 final profit distribution plan to be implemented (A shares): Cash dividend/10 shares (tax included): CNY 0.50. Record date: 26 June 2024. Ex-date: 27 June 2024. Payment date: 27 June 2024. New Risk • Apr 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: 1.2% Last year net profit margin: 1.9% 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: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.2% net profit margin). Reported Earnings • Apr 27
First quarter 2024 earnings released: EPS: CN¥0.011 (vs CN¥0.007 in 1Q 2023) First quarter 2024 results: EPS: CN¥0.011 (up from CN¥0.007 in 1Q 2023). Revenue: CN¥2.19b (up 4.6% from 1Q 2023). Net income: CN¥11.7m (up 54% from 1Q 2023). Profit margin: 0.5% (up from 0.4% in 1Q 2023). Revenue is forecast to grow 20% p.a. on average during the next 2 years, compared to a 13% growth forecast for the Consumer Retailing industry in China. Announcement • Apr 27
Kidswant Children Products Co.,Ltd. Proposes Final Cash Dividend for the Year 2023 Kidswant Children Products Co.,Ltd. proposed final cash dividend/10 shares (tax included) is CNY 0.5000000 for the year 2023. Valuation Update With 7 Day Price Move • Apr 16
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to CN¥5.60, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 19x in the Consumer Retailing industry in China. Total loss to shareholders of 49% over the past year. Announcement • Mar 30
Kidswant Children Products Co.,Ltd. to Report Q1, 2024 Results on Apr 25, 2024 Kidswant Children Products Co.,Ltd. announced that they will report Q1, 2024 results on Apr 25, 2024 Valuation Update With 7 Day Price Move • Feb 05
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to CN¥5.73, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 16x in the Consumer Retailing industry in China. Total loss to shareholders of 56% over the past year. Announcement • Dec 29
Kidswant Children Products Co.,Ltd. to Report Fiscal Year 2023 Results on Apr 25, 2024 Kidswant Children Products Co.,Ltd. announced that they will report fiscal year 2023 results on Apr 25, 2024 New Risk • Nov 03
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 71% 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: Minor Risks Large one-off items impacting financial results. Shareholders have been diluted in the past year (2.2% increase in shares outstanding). Reported Earnings • Nov 01
Third quarter 2023 earnings released: EPS: CN¥0.041 (vs CN¥0.078 in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.041 (down from CN¥0.078 in 3Q 2022). Revenue: CN¥2.19b (up 8.8% from 3Q 2022). Net income: CN¥47.4m (down 44% from 3Q 2022). Profit margin: 2.2% (down from 4.2% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Consumer Retailing industry in China. Announcement • Sep 30
Kidswant Children Products Co.,Ltd. to Report Q3, 2023 Results on Oct 30, 2023 Kidswant Children Products Co.,Ltd. announced that they will report Q3, 2023 results on Oct 30, 2023 New Risk • Sep 10
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 51% 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: Minor Risks Large one-off items impacting financial results. Shareholders have been diluted in the past year (2.2% increase in shares outstanding). Major Estimate Revision • Sep 02
Consensus EPS estimates fall by 10% The consensus outlook for earnings per share (EPS) in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from CN¥10.1b to CN¥9.93b. EPS estimate also fell from CN¥0.27 per share to CN¥0.243 per share. Net income forecast to grow 169% next year vs 18% growth forecast for Consumer Retailing industry in China. Consensus price target of CN¥12.34 unchanged from last update. Share price rose 10% to CN¥10.41 over the past week. Reported Earnings • Aug 26
Second quarter 2023 earnings released: EPS: CN¥0.057 (vs CN¥0.091 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.057 (down from CN¥0.091 in 2Q 2022). Revenue: CN¥2.06b (down 8.9% from 2Q 2022). Net income: CN¥62.0m (down 38% from 2Q 2022). Profit margin: 3.0% (down from 4.4% in 2Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 19% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Consumer Retailing industry in China. Price Target Changed • Jun 13
Price target increased by 19% to CN¥15.83 Up from CN¥13.34, the current price target is provided by 1 analyst. New target price is 18% above last closing price of CN¥13.42. Stock is up 0.8% over the past year. The company is forecast to post earnings per share of CN¥0.26 for next year compared to CN¥0.11 last year. Major Estimate Revision • Apr 27
Consensus revenue estimates fall by 12% The consensus outlook for revenues in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from CN¥11.4b to CN¥10.0b. EPS estimate fell from CN¥0.34 to CN¥0.27 per share. Net income forecast to grow 145% next year vs 27% growth forecast for Consumer Retailing industry in China. Consensus price target down from CN¥14.12 to CN¥13.34. Share price fell 3.3% to CN¥10.48 over the past week. 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. 1 experienced director. No highly experienced directors. Non-Independent Director Hui He is the most experienced director on the board, commencing their role in 2022. 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 • Oct 28
Kidswant Children Products Co.,Ltd. (SZSE:301078) announces an Equity Buyback for CNY 100 million worth of its shares. Kidswant Children Products Co.,Ltd. (SZSE:301078) announces a share repurchase program. Under the program, the company will repurchase not more than CNY 100 million worth of its shares. The shares will be repurchased at a price not more than CNY 17 per share. The shares repurchased will be used for employee stock ownership plans or equity incentives. The program will be funded from company's own funds. The program will be valid for not more than 12 months. Reported Earnings • Oct 27
Third quarter 2022 earnings released: EPS: CN¥0.078 (vs CN¥0.079 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.078. Revenue: CN¥2.01b (down 6.9% from 3Q 2021). Net income: CN¥84.9m (up 10% from 3Q 2021). Profit margin: 4.2% (up from 3.6% in 3Q 2021). Revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Consumer Retailing industry in China. Reported Earnings • Aug 26
Second quarter 2022 earnings released Second quarter 2022 results: Revenue: CN¥25.0b (up 57% from 2Q 2021). Net income: CN¥1.83b (down 19% from 2Q 2021). Profit margin: 7.3% (down from 14% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is expected to shrink by 39% compared to a 17% growth forecast for the Consumer Retailing industry in China. Announcement • May 27
Kidswant Children Products Co.,Ltd. Announces 2021 Final Profit Distribution Plan to Be Implemented (A Shares), Payable on 31 May 2022 Kidswant Children Products Co.,Ltd. announced 2021 final profit distribution plan to be implemented (A shares) cash dividend of CNY 0.20000000/10 shares (tax included). Record date: 30 May 2022. Ex-date: 31 May 2022. Payment date: 31 May 2022. Major Estimate Revision • May 04
Consensus EPS estimates fall by 51% The consensus outlook for earnings per share (EPS) in 2022 has deteriorated. 2022 revenue forecast decreased from CN¥11.1b to CN¥10.1b. EPS estimate also fell from CN¥0.41 per share to CN¥0.20 per share. Net income forecast to grow 137% next year vs 29% growth forecast for Consumer Retailing industry in China. Consensus price target down from CN¥18.85 to CN¥16.88. Share price was steady at CN¥13.63 over the past week. Reported Earnings • Apr 28
First quarter 2022 earnings: EPS and revenues miss analyst expectations First quarter 2022 results: CN¥0.03 loss per share (down from CN¥0.082 profit in 1Q 2021). Revenue: CN¥2.11b (down 4.9% from 1Q 2021). Net loss: CN¥32.4m (down 141% from profit in 1Q 2021). Revenue missed analyst estimates by 2.7%. Earnings per share (EPS) were also behind analyst expectations. Over the next year, revenue is forecast to grow 28%, compared to a 15% growth forecast for the industry in China. Valuation Update With 7 Day Price Move • Mar 07
Investor sentiment improved over the past week After last week's 39% share price gain to CN¥27.18, the stock trades at a forward P/E ratio of 74x. Average forward P/E is 21x in the Consumer Retailing industry in China. Simply Wall St's valuation model estimates the intrinsic value at CN¥11.27 per share. Valuation Update With 7 Day Price Move • Feb 09
Investor sentiment improved over the past week After last week's 16% share price gain to CN¥22.18, the stock trades at a forward P/E ratio of 60x. Average forward P/E is 24x in the Consumer Retailing industry in China. Simply Wall St's valuation model estimates the intrinsic value at CN¥11.27 per share. Major Estimate Revision • Jan 26
Consensus EPS estimates fall by 38% The consensus outlook for earnings per share (EPS) in 2021 has deteriorated. 2021 revenue forecast decreased from CN¥9.55b to CN¥9.30b. EPS estimate also fell from CN¥0.39 per share to CN¥0.24 per share. Net income forecast to grow 8.9% next year vs 28% growth forecast for Consumer Retailing industry in China. Consensus price target down from CN¥20.76 to CN¥18.85. Share price fell 5.3% to CN¥20.14 over the past week. Valuation Update With 7 Day Price Move • Nov 24
Investor sentiment improved over the past week After last week's 18% share price gain to CN¥19.48, the stock trades at a forward P/E ratio of 40x. Average forward P/E is 22x in the Consumer Retailing industry in China. Simply Wall St's valuation model estimates the intrinsic value at CN¥11.20 per share. Reported Earnings • Nov 01
Third quarter 2021 earnings released: EPS CN¥0.079 (vs CN¥0.12 in 3Q 2020) The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: CN¥2.16b (down 4.2% from 3Q 2020). Net income: CN¥77.0m (down 32% from 3Q 2020). Profit margin: 3.6% (down from 5.0% in 3Q 2020). The decrease in margin was driven by lower revenue. Valuation Update With 7 Day Price Move • Oct 29
Investor sentiment deteriorated over the past week After last week's 24% share price decline to CN¥15.98, the stock trades at a forward P/E ratio of 35x. Average forward P/E is 12x in the Specialty Retail industry in China. 
