Announcement • Jun 30
Xianheng International Science&Technology Co., Ltd. to Report First Half, 2026 Results on Aug 25, 2026 Xianheng International Science&Technology Co., Ltd. announced that they will report first half, 2026 results on Aug 25, 2026 Valuation Update With 7 Day Price Move • Jun 01
Investor sentiment deteriorates as stock falls 14% After last week's 14% share price decline to CN¥21.79, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 27x in the Machinery industry in China. Total returns to shareholders of 80% over the past three years. Declared Dividend • Jun 01
Dividend of CN¥0.31 announced Shareholders will receive a dividend of CN¥0.31. Ex-date: 2nd June 2026 Payment date: 2nd June 2026 Dividend yield will be 1.8%, which is lower than the industry average of 2.0%. Sustainability & Growth Dividend is covered by both earnings (59% earnings payout ratio) and cash flows (43% cash payout ratio). The dividend has decreased over the past 56 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 30% over the next year, which should provide support to the dividend and adequate earnings cover. Buy Or Sell Opportunity • May 12
Now 21% undervalued Over the last 90 days, the stock has risen 13% to CN¥24.63. The fair value is estimated to be CN¥31.06, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 25% over the last 3 years. Earnings per share has grown by 23%. Revenue is forecast to grow by 20% in a year. Earnings are forecast to grow by 48% in the next year. Announcement • Apr 21
Xianheng International Science&Technology Co., Ltd. announced that it expects to receive CNY 300 million in funding Xianheng International Science&Technology Co., Ltd announced a private placement to issue A share for the proceeds of CNY 300,000,000 on April 19, 2026. Issue price shall not be less than 80% of the average price in the 20 trading days before the pricing reference date. Share Issuance shall not be more than 30% of total share capital. The shares cannot be transferred within 6 months from the issuance closing date. Transaction involves participation of not more than 35 investors. Transaction is approved by board of directors at 25th Meeting of the 3rd Directorate and is subject to shareholder approval. Reported Earnings • Apr 21
Full year 2025 earnings: Revenues exceed analysts expectations while EPS lags behind Full year 2025 results: EPS: CN¥0.65 (up from CN¥0.55 in FY 2024). Revenue: CN¥4.56b (up 27% from FY 2024). Net income: CN¥259.6m (up 16% from FY 2024). Profit margin: 5.7% (down from 6.2% in FY 2024). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 1.3%. Earnings per share (EPS) missed analyst estimates by 5.8%. Revenue is forecast to grow 18% p.a. on average during the next 2 years, compared to a 19% growth forecast for the Machinery industry in China. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has increased by 31% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Apr 21
Xianheng International Science&Technology Co., Ltd., Annual General Meeting, May 11, 2026 Xianheng International Science&Technology Co., Ltd., Annual General Meeting, May 11, 2026, at 14:00 China Standard Time. Location: The Company's Meeting Room, Hangzhou, Zhejiang China New Risk • Apr 09
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 8.4% 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: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (8.4% average weekly change). Valuation Update With 7 Day Price Move • Apr 09
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to CN¥29.32, the stock trades at a forward P/E ratio of 35x. Average forward P/E is 29x in the Machinery industry in China. Total returns to shareholders of 145% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥52.67 per share. Announcement • Mar 30
Xianheng International Science&Technology Co., Ltd. to Report Q1, 2026 Results on Apr 30, 2026 Xianheng International Science&Technology Co., Ltd. announced that they will report Q1, 2026 results on Apr 30, 2026 Valuation Update With 7 Day Price Move • Jan 27
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to CN¥22.36, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 29x in the Machinery industry in China. Total returns to shareholders of 81% over the past three years. Announcement • Dec 26
Xianheng International Science&Technology Co., Ltd. to Report Fiscal Year 2025 Results on Apr 21, 2026 Xianheng International Science&Technology Co., Ltd. announced that they will report fiscal year 2025 results on Apr 21, 2026 Reported Earnings • Oct 31
Third quarter 2025 earnings released: EPS: CN¥0.17 (vs CN¥0.12 in 3Q 2024) Third quarter 2025 results: EPS: CN¥0.17 (up from CN¥0.12 in 3Q 2024). Revenue: CN¥1.11b (up 38% from 3Q 2024). Net income: CN¥66.6m (up 23% from 3Q 2024). Profit margin: 6.0% (down from 6.7% in 3Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Machinery industry in China. Over the last 3 years on average, earnings per share has increased by 8% per year whereas the company’s share price has increased by 6% per year. Announcement • Sep 30
Xianheng International Science&Technology Co., Ltd. to Report Q3, 2025 Results on Oct 31, 2025 Xianheng International Science&Technology Co., Ltd. announced that they will report Q3, 2025 results on Oct 31, 2025 Valuation Update With 7 Day Price Move • Sep 25
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥15.93, the stock trades at a trailing P/E ratio of 27x. Average forward P/E is 27x in the Machinery industry in China. Total returns to shareholders of 40% over the past three years. Reported Earnings • Aug 31
Second quarter 2025 earnings released: EPS: CN¥0.10 (vs CN¥0.10 in 2Q 2024) Second quarter 2025 results: EPS: CN¥0.10 (up from CN¥0.10 in 2Q 2024). Revenue: CN¥943.6m (up 27% from 2Q 2024). Net income: CN¥40.1m (up 19% from 2Q 2024). Profit margin: 4.2% (down from 4.5% in 2Q 2024). 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 15% growth forecast for the Machinery industry in China. Over the last 3 years on average, earnings per share has increased by 3% per year whereas the company’s share price has remained flat. Announcement • Jun 30
Xianheng International Science&Technology Co., Ltd. to Report First Half, 2025 Results on Aug 26, 2025 Xianheng International Science&Technology Co., Ltd. announced that they will report first half, 2025 results on Aug 26, 2025 Declared Dividend • May 31
Dividend increased to CN¥0.36 Dividend of CN¥0.36 is 140% higher than last year. Ex-date: 4th June 2025 Payment date: 4th June 2025 Dividend yield will be 2.5%, which is higher than the industry average of 2.0%. Sustainability & Growth Dividend is covered by both earnings (62% earnings payout ratio) and cash flows (75% cash payout ratio). The dividend has decreased over the past 46 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to decline by 32% to shift the payout ratio to a potentially unsustainable range, which is more than the 2.5% EPS decline seen over the last 5 years. New Risk • May 21
New major risk - Revenue and earnings growth Earnings have declined by 11% 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 11% 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. Reported Earnings • Apr 24
Full year 2024 earnings: Revenues exceed analysts expectations while EPS lags behind Full year 2024 results: EPS: CN¥0.55 (up from CN¥0.24 in FY 2023). Revenue: CN¥3.61b (up 23% from FY 2023). Net income: CN¥222.9m (up 131% from FY 2023). Profit margin: 6.2% (up from 3.3% in FY 2023). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.1%. Earnings per share (EPS) missed analyst estimates by 1.8%. Revenue is forecast to grow 18% p.a. on average during the next 2 years, compared to a 15% growth forecast for the Machinery industry in China. Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings. Announcement • Apr 23
Xianheng International Science&Technology Co., Ltd., Annual General Meeting, May 13, 2025 Xianheng International Science&Technology Co., Ltd., Annual General Meeting, May 13, 2025, at 14:00 China Standard Time. Location: The Company's Meeting Room, Hangzhou, Zhejiang China Announcement • Mar 28
Xianheng International Science&Technology Co., Ltd. to Report Q1, 2025 Results on Apr 30, 2025 Xianheng International Science&Technology Co., Ltd. announced that they will report Q1, 2025 results on Apr 30, 2025 Announcement • Dec 27
Xianheng International Science&Technology Co., Ltd. to Report Fiscal Year 2024 Results on Apr 23, 2025 Xianheng International Science&Technology Co., Ltd. announced that they will report fiscal year 2024 results on Apr 23, 2025 Reported Earnings • Oct 22
Third quarter 2024 earnings released: EPS: CN¥0.12 (vs CN¥0.068 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.12 (up from CN¥0.068 in 3Q 2023). Revenue: CN¥805.2m (up 20% from 3Q 2023). Net income: CN¥54.2m (up 101% from 3Q 2023). Profit margin: 6.7% (up from 4.0% in 3Q 2023). Revenue is forecast to grow 20% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Machinery industry in China. Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings. Valuation Update With 7 Day Price Move • Oct 18
Investor sentiment improves as stock rises 24% After last week's 24% share price gain to CN¥13.67, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 16x in the Machinery industry in China. Total loss to shareholders of 16% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥6.48 per share. Announcement • Sep 30
Xianheng International Science&Technology Co., Ltd. to Report Q3, 2024 Results on Oct 30, 2024 Xianheng International Science&Technology Co., Ltd. announced that they will report Q3, 2024 results on Oct 30, 2024 Valuation Update With 7 Day Price Move • Sep 27
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to CN¥11.23, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 15x in the Machinery industry in China. Total loss to shareholders of 31% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥6.50 per share. Reported Earnings • Aug 29
Second quarter 2024 earnings released: EPS: CN¥0.10 (vs CN¥0.054 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.10 (up from CN¥0.054 in 2Q 2023). Revenue: CN¥745.9m (up 19% from 2Q 2023). Net income: CN¥33.7m (up 60% from 2Q 2023). Profit margin: 4.5% (up from 3.4% in 2Q 2023). Revenue is forecast to grow 8.7% p.a. on average during the next 2 years, compared to a 16% growth forecast for the Machinery industry in China. Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has only fallen by 22% per year, which means it has not declined as severely as earnings. Announcement • Aug 12
Xianheng International Science&Technology Co., Ltd. (SHSE:605056) announces an Equity Buyback for CNY 60 million worth of its shares. Xianheng International Science&Technology Co., Ltd. (SHSE:605056) announces a share repurchase program. Under the program, the company will repurchase up to CNY 60 million worth of its A shares. The shares will be repurchased at a price not more than CNY 15 per share. The shares will be used for implementing the company's employee stock ownership plan or equity incentive plan. The company will use its self-raised funds to repurchase its own shares. The program will be valid for a period of 6 months. Announcement • Jun 29
Xianheng International Science&Technology Co., Ltd. to Report First Half, 2024 Results on Aug 29, 2024 Xianheng International Science&Technology Co., Ltd. announced that they will report first half, 2024 results on Aug 29, 2024 Announcement • May 01
Xianheng International Science&Technology Co., Ltd., Annual General Meeting, May 21, 2024 Xianheng International Science&Technology Co., Ltd., Annual General Meeting, May 21, 2024, at 14:00 China Standard Time. Location: The Company's Meeting Room, Hangzhou, Zhejiang China Reported Earnings • Apr 30
Full year 2023 earnings released: EPS: CN¥0.24 (vs CN¥0.52 in FY 2022) Full year 2023 results: EPS: CN¥0.24 (down from CN¥0.52 in FY 2022). Revenue: CN¥2.93b (up 38% from FY 2022). Net income: CN¥96.6m (down 53% from FY 2022). Profit margin: 3.3% (down from 9.7% in FY 2022). Revenue is forecast to grow 9.3% p.a. on average during the next 2 years, compared to a 18% growth forecast for the Machinery industry in China. Valuation Update With 7 Day Price Move • Mar 29
Investor sentiment deteriorates as stock falls 21% After last week's 21% share price decline to CN¥13.80, the stock trades at a trailing P/E ratio of 36x. Average forward P/E is 17x in the Machinery industry in China. Total returns to shareholders of 13% over the past year. Announcement • Mar 29
Xianheng International Science&Technology Co., Ltd. to Report Q1, 2024 Results on Apr 30, 2024 Xianheng International Science&Technology Co., Ltd. announced that they will report Q1, 2024 results on Apr 30, 2024 New Risk • Mar 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 9.7% 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 Dividend is not well covered by earnings and cash flows. Payout ratio: 91% Cash payout ratio: 211% Earnings have declined by 3.5% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (9.7% average weekly change). Profit margins are more than 30% lower than last year (6.1% net profit margin). Valuation Update With 7 Day Price Move • Mar 15
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to CN¥15.88, the stock trades at a trailing P/E ratio of 41.4x. Average forward P/E is 17x in the Machinery industry in China. Total returns to shareholders of 17% over the past year. Valuation Update With 7 Day Price Move • Feb 21
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to CN¥12.50, the stock trades at a trailing P/E ratio of 32.6x. Average forward P/E is 15x in the Machinery industry in China. Total loss to shareholders of 5.5% over the past year. Valuation Update With 7 Day Price Move • Feb 05
Investor sentiment deteriorates as stock falls 22% After last week's 22% share price decline to CN¥10.62, the stock trades at a trailing P/E ratio of 27.7x. Average forward P/E is 14x in the Machinery industry in China. Total loss to shareholders of 18% over the past year. New Risk • Jan 17
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 6.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 91% Cash payout ratio: 212% Earnings have declined by 3.5% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (6.0% average weekly change). Profit margins are more than 30% lower than last year (6.1% net profit margin). Valuation Update With 7 Day Price Move • Jan 02
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 42.9x. Average trailing P/E is 33x in the Machinery industry in China. Total returns to shareholders of 35% over the past year. Announcement • Dec 30
Xianheng International Science&Technology Co., Ltd. to Report Fiscal Year 2023 Results on Apr 19, 2024 Xianheng International Science&Technology Co., Ltd. announced that they will report fiscal year 2023 results on Apr 19, 2024 Reported Earnings • Nov 01
Third quarter 2023 earnings released: EPS: CN¥0.068 (vs CN¥0.13 in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.068 (down from CN¥0.13 in 3Q 2022). Revenue: CN¥673.0m (up 44% from 3Q 2022). Net income: CN¥26.9m (down 45% from 3Q 2022). Profit margin: 4.0% (down from 10% in 3Q 2022). The decrease in margin was driven by higher expenses. Reported Earnings • Aug 25
Second quarter 2023 earnings released: EPS: CN¥0.05 (vs CN¥0.12 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.05 (down from CN¥0.12 in 2Q 2022). Revenue: CN¥627.9m (up 42% from 2Q 2022). Net income: CN¥21.1m (down 52% from 2Q 2022). Profit margin: 3.4% (down from 9.9% in 2Q 2022). The decrease in margin was driven by higher expenses. Valuation Update With 7 Day Price Move • Jun 30
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥14.17, the stock trades at a trailing P/E ratio of 28.8x. Average trailing P/E is 37x in the Machinery industry in China. Total loss to shareholders of 13% over the past year. Reported Earnings • Apr 24
First quarter 2023 earnings released: EPS: CN¥0.03 (vs CN¥0.04 in 1Q 2022) First quarter 2023 results: EPS: CN¥0.03 (down from CN¥0.04 in 1Q 2022). Revenue: CN¥373.2m (up 17% from 1Q 2022). Net income: CN¥12.9m (down 26% from 1Q 2022). Profit margin: 3.5% (down from 5.5% in 1Q 2022). The decrease in margin was driven by higher expenses. Board Change • Nov 16
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 11 experienced directors. No highly experienced directors. 3 independent directors (5 non-independent directors). Independent Director Huiyuan Luo was the last independent director to join the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Nov 02
Third quarter 2022 earnings released: EPS: CN¥0.13 (vs CN¥0.056 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.13 (up from CN¥0.056 in 3Q 2021). Revenue: CN¥468.5m (up 21% from 3Q 2021). Net income: CN¥48.5m (up 116% from 3Q 2021). Profit margin: 10% (up from 5.8% in 3Q 2021). The increase in margin was driven by higher revenue. Valuation Update With 7 Day Price Move • Aug 26
Investor sentiment improved over the past week After last week's 21% share price gain to CN¥18.25, the stock trades at a trailing P/E ratio of 43.5x. Average trailing P/E is 36x in the Machinery industry in China. Total loss to shareholders of 1.4% over the past year. Reported Earnings • Aug 19
Second quarter 2022 earnings released: EPS: CN¥0.12 (vs CN¥0.21 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.12 (down from CN¥0.21 in 2Q 2021). Revenue: CN¥443.8m (down 14% from 2Q 2021). Net income: CN¥43.9m (down 41% from 2Q 2021). Profit margin: 9.9% (down from 14% in 2Q 2021). The decrease in margin was driven by lower revenue. Valuation Update With 7 Day Price Move • Jul 01
Investor sentiment improved over the past week After last week's 19% share price gain to CN¥16.69, the stock trades at a trailing P/E ratio of 33.6x. Average trailing P/E is 33x in the Machinery industry in China. 
