Board Change • May 20
Less than half of directors are independent There are 5 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 3 independent directors. 6 non-independent directors. Independent Non-Executive Director Dengqing Liu was the last independent director to join the board, commencing their role in 2025. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Ankündigung • Apr 30
Goldwind Science&Technology Co., Ltd. (SZSE:002202) announces an Equity Buyback for CNY 500 million worth of its shares. Goldwind Science And Technology Co., Ltd. (SZSE:002202) announces a share repurchase program. Under the program, the company will repurchase up to CNY 500 million worth of its shares. The shares will be purchased at a price not exceeding CNY 13.28 per share. The purpose of the program is to reduce the registered share capital of the company. The repurchased shares will be cancelled and the registered capital of the company will be reduced. The program will be funded from company's own funds. The repurchase program is subject to shareholder's approval. The program will be valid for 12 months from approval of shareholder's meeting. Ankündigung • Apr 22
Goldwind Science&Technology Co., Ltd., Annual General Meeting, Jun 16, 2026 Goldwind Science&Technology Co., Ltd., Annual General Meeting, Jun 16, 2026, at 14:30 China Standard Time. Location: companys conference room, no. 8 boxing yi road, economic & technological development district, beijing China Ankündigung • Mar 31
Goldwind Science&Technology Co., Ltd. to Report Q1, 2026 Results on Apr 25, 2026 Goldwind Science&Technology Co., Ltd. announced that they will report Q1, 2026 results on Apr 25, 2026 Ankündigung • Mar 28
Goldwind Science&Technology Co., Ltd. Proposes Final Dividend for the Year Ended 31 December 2025 Goldwind Science&Technology Co., Ltd. proposed Final Dividend of RMB 0.2 per share for the year ended 31 December 2025. Ankündigung • Dec 31
Goldwind Science&Technology Co., Ltd. to Report Fiscal Year 2025 Results on Mar 28, 2026 Goldwind Science&Technology Co., Ltd. announced that they will report fiscal year 2025 results on Mar 28, 2026 Ankündigung • Sep 30
Goldwind Science&Technology Co., Ltd. to Report Q3, 2025 Results on Oct 25, 2025 Goldwind Science&Technology Co., Ltd. announced that they will report Q3, 2025 results on Oct 25, 2025 Ankündigung • Jul 10
Goldwind Science&Technology Co., Ltd. Announces Board Changes and Composition of the Board Committees The board of directors of Goldwind Science&Technology Co., Ltd. announced that the first meeting of the ninth session of the Board was held on 8 July 2025 and has considered and passed the following resolutions: During the first meeting of the ninth session of the Board, Mr. Wu Gang was elected as the chairman of the Board, Mr. Cao Zhigang was elected as the vice chairman of the Board. The term of office of Mr. Wu Gang and Mr. Cao Zhigang shall expire upon the expiry of the term of the ninth session of the Board. The Board further elected members for the Board committees and elected a chairman for each committee. Their term of office shall expire upon the expiry of the term of the ninth session of the Board. The composition of the Board committees is as follows: Committee Chairman: Mr. Wu Gang: Strategic Committee. Mr. Liu Dengqing: Remuneration and Assessment Committee. Mr. Tsang Hin Fun Anthony: Audit Committee. Mr. Miao Zhaoguang: Nomination Committee. Committee Members: Mr. Cao Zhigang; Mr. Gao Jianjun; Mr. Zhang Xudong; Mr. Miao Zhaoguang: Strategic Committee. Mr. Tsang Hin Fun Anthony and Mr. Miao Zhaoguang: Remuneration and Assessment Committee; Mr. Liu Dengqing and Ms. Yang Liying: Audit Committee. Mr. Tsang Hin Fun Anthony and Ms. Yang Liying: Nomination Committee. Ankündigung • Jul 02
Goldwind Science&Technology Co., Ltd. to Report First Half, 2025 Results on Aug 23, 2025 Goldwind Science&Technology Co., Ltd. announced that they will report first half, 2025 results on Aug 23, 2025 Ankündigung • Jun 29
Goldwind Science &Technology Co., Ltd. Approves Final Dividend for Financial Year Ended 31 December 2024, Payable on 15 August 2025 Goldwind Science&Technology Co., Ltd. approved final dividend of RMB 0.14 per share for the financial year ended 31 December 2024. Ex-dividend date is 30 June 2025. Record date is 09 July 2025. Payment date is 15 August 2025. Ankündigung • Jun 26
Goldwind Science&Technology Co., Ltd. Announces Executive and Committee Changes Goldwind Science&Technology Co., Ltd. announced that the appointment of t Mr. Liu Dengqing and Mr. Miao Zhaoguang as independent non-executive Directors for the ninth session of the Board have been approved. Mr. Chang Qing, Mr. Luo Jun, Mr. Wang Yan, Mr. Lu Min and Ms. Ji Tian shall retire as the Supervisors of the Company after the conclusion of the AGM. Ankündigung • Jun 20
Goldwind Science&Technology Co., Ltd. Elects Yu Ning as the Employee Representative Director of the Ninth Session of the Board Goldwind Science&Technology Co., Ltd. announced that, at the employee representative assembly of the Company convened on 20 June 2025, Ms. Yu Ning was elected as the employee representative Director of the ninth session of the Board. Upon the approval of the Resolution on the Amendments to the Articles of Association at the AGM, Ms. Yu, together and the non-employee representative Directors newly elected at the AGM will constitute the ninth session of the Board. Ms. Yu Ning, aged 50, holds a master's degree in civil and commercial law from Renmin University of China and is currently the head of the legal department of the Company. Ms. Yu joined the Company in 2012 and has served as the legal director and compliance director of the Office of Secretary of the Board, deputy director of the audit and legal department of the Company, deputy director and director of the legal department of the Company, and director of the legal and compliance department of the Company. She has served as the head of the legal department of the Company since March 2024. Ankündigung • Jun 04
Goldwind Science&Technology Co., Ltd., Annual General Meeting, Jun 26, 2025 Goldwind Science&Technology Co., Ltd., Annual General Meeting, Jun 26, 2025, at 14:30 China Standard Time. Location: company`s conference room, no. 8 boxing yi road, economic & technological development district, beijing China Ankündigung • Apr 29
Goldwind Science&Technology Co., Ltd., Annual General Meeting, May 20, 2025 Goldwind Science&Technology Co., Ltd., Annual General Meeting, May 20, 2025, at 14:30 China Standard Time. Location: companys conference room, no. 8, boxing yi road, economic & technological development district, beijing China Ankündigung • Apr 26
Goldwind Science&Technology Co., Ltd. (SZSE:002202) announces an Equity Buyback for CNY 500 million worth of its shares. Goldwind Science And Technology Co., Ltd. (SZSE:002202) announces a share repurchase program. Under the program, the company will repurchase up to CNY 500 million worth of its shares. The shares will be purchased at a price not exceeding CNY 13.28 per share. The purpose of the program is to reduce the registered share capital of the company. The repurchased shares will be cancelled. The program will be funded from company's own funds. The repurchase program is subject to shareholder's approval. The program will be valid for 12 months from approval of shareholder's meeting. Ankündigung • Apr 01
Goldwind Science&Technology Co., Ltd. Proposes Final Dividend for 2024 Goldwind Science&Technology Co., Ltd. proposed final cash dividend of CNY 1.40000000 per 10 shares (tax included) for 2024. Ankündigung • Mar 31
Goldwind Science&Technology Co., Ltd. to Report Q1, 2025 Results on Apr 26, 2025 Goldwind Science&Technology Co., Ltd. announced that they will report Q1, 2025 results on Apr 26, 2025 Ankündigung • Dec 31
Goldwind Science&Technology Co., Ltd. to Report Fiscal Year 2024 Results on Mar 29, 2025 Goldwind Science&Technology Co., Ltd. announced that they will report fiscal year 2024 results on Mar 29, 2025 Reported Earnings • Oct 26
Third quarter 2024 earnings released: EPS: CN¥0.095 (vs CN¥0.012 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.095 (up from CN¥0.012 in 3Q 2023). Revenue: CN¥15.6b (up 52% from 3Q 2023). Net income: CN¥445.8m (up CN¥383.4m from 3Q 2023). Profit margin: 2.9% (up from 0.6% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 9.1% p.a. on average during the next 3 years, compared to a 17% growth forecast for the Electrical industry in China. Over the last 3 years on average, earnings per share has fallen by 48% per year but the company’s share price has only fallen by 16% per year, which means it has not declined as severely as earnings. Valuation Update With 7 Day Price Move • Oct 23
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to CN¥11.12, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 19x in the Electrical industry in China. Total loss to shareholders of 37% over the past three years. Valuation Update With 7 Day Price Move • Sep 30
Investor sentiment improves as stock rises 23% After last week's 23% share price gain to CN¥10.02, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 17x in the Electrical industry in China. Total loss to shareholders of 40% over the past three years. Ankündigung • Sep 30
Goldwind Science And Technology Co., Ltd. to Report Q3, 2024 Results on Oct 26, 2024 Goldwind Science And Technology Co., Ltd. announced that they will report Q3, 2024 results on Oct 26, 2024 Ankündigung • Aug 26
Goldwind Science And Technology Co., Ltd. (SZSE:002202) announces an Equity Buyback for 42,250,000 shares, representing 1% for CNY 500 million. Goldwind Science And Technology Co., Ltd. (SZSE:002202) announces a share repurchase program. Under the program, the company will repurchase up to 42,250,000 shares, representing 1% of it's issued share capital for CNY 500 million worth of its shares. The shares will be purchased at a price not exceeding CNY 11.40 per share. The purpose of the program is to improve the company's long-term incentive mechanism, fully mobilize the enthusiasm of the employees, and jointly promote the company's long-term development. The repurchased shares will be used for employee stock ownership plans or equity incentive plans, otherwise will be cancelled if the company fails to transfer them within the time limit stipulated by relevant laws and regulations. The program will be funded from company's own funds. The repurchase program is subject to shareholder's approval. The program will be valid for 12 months from approval of shareholder's meeting. Reported Earnings • Aug 24
Second quarter 2024 earnings released: EPS: CN¥0.26 (vs CN¥0.009 loss in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.26 (up from CN¥0.009 loss in 2Q 2023). Revenue: CN¥13.2b (down 2.0% from 2Q 2023). Net income: CN¥1.05b (up CN¥1.09b from 2Q 2023). Profit margin: 8.0% (up from net loss in 2Q 2023). The move to profitability was driven by lower expenses. Revenue is forecast to grow 9.7% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Electrical industry in China. Over the last 3 years on average, earnings per share has fallen by 49% per year but the company’s share price has only fallen by 19% per year, which means it has not declined as severely as earnings. Ankündigung • Aug 23
Goldwind Science and Technology Co., Ltd. Approves the Election of Chang Qing as the Chairman of the Supervisory Committee Goldwind Science And Technology Co., Ltd. announced that the 11th meeting of the eighth session of the supervisory committee was held on 23 August 2024 and has considered and approved the election of Mr. Chang Qing as the
chairman of the Supervisory Committee. His term of office shall expire upon the expiry of the term of the eighth session of the Supervisory Committee. Declared Dividend • Aug 14
Dividend reduced to CN¥0.10 Dividend of CN¥0.10 is 17% lower than last year. Ex-date: 16th August 2024 Payment date: 16th August 2024 Dividend yield will be 1.3%, which is lower than the industry average of 1.6%. Sustainability & Growth Dividend is not covered by earnings (136% earnings payout ratio) and 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 5.0% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 52% to bring the payout ratio under control. EPS is expected to grow by 228% over the next 3 years, which is sufficient to bring the dividend into a sustainable range. Buy Or Sell Opportunity • Jul 23
Now 20% overvalued The stock has been flat over the last 90 days, currently trading at CN¥7.26. The fair value is estimated to be CN¥6.03, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 3.9% over the last 3 years. Earnings per share has declined by 44%. Revenue is forecast to grow by 20% in 2 years. Earnings are forecast to grow by 832% in the next 2 years. Ankündigung • Jun 29
Goldwind Science And Technology Co., Ltd. to Report First Half, 2024 Results on Aug 24, 2024 Goldwind Science And Technology Co., Ltd. announced that they will report first half, 2024 results on Aug 24, 2024 Ankündigung • May 12
Goldwind Science And Technology Co., Ltd., Annual General Meeting, Jun 25, 2024 Goldwind Science And Technology Co., Ltd., Annual General Meeting, Jun 25, 2024, at 14:30 China Standard Time. Location: conference room, no.8 boxing yi road, economic & technological development district, beijing China Reported Earnings • Apr 27
First quarter 2024 earnings released: EPS: CN¥0.073 (vs CN¥0.29 in 1Q 2023) First quarter 2024 results: EPS: CN¥0.073 (down from CN¥0.29 in 1Q 2023). Revenue: CN¥6.98b (up 25% from 1Q 2023). Net income: CN¥332.6m (down 73% from 1Q 2023). Profit margin: 4.8% (down from 22% in 1Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 8.6% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Electrical industry in China. Over the last 3 years on average, earnings per share has fallen by 44% 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. Ankündigung • Apr 27
Goldwind Science and Technology Co., Ltd. Appoints Zhang Xudong, as Member of the Strategic Committee The board of directors of GOLDWIND SCIENCE&TECHNOLOGY CO., LTD. announced that Mr. Zhang Xudong, a non-executive director of the Company, is elected as a member of the strategic committee of the Company. The term of office shall expire upon the expiry of the term of the eighth session of the Board. Ankündigung • Mar 30
Goldwind Science And Technology Co., Ltd. to Report Q1, 2024 Results on Apr 27, 2024 Goldwind Science And Technology Co., Ltd. announced that they will report Q1, 2024 results on Apr 27, 2024 Reported Earnings • Mar 29
Full year 2023 earnings released: EPS: CN¥0.29 (vs CN¥0.52 in FY 2022) Full year 2023 results: EPS: CN¥0.29 (down from CN¥0.52 in FY 2022). Revenue: CN¥50.2b (up 8.2% from FY 2022). Net income: CN¥1.33b (down 40% from FY 2022). Profit margin: 2.6% (down from 4.7% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.6% p.a. on average during the next 2 years, compared to a 18% growth forecast for the Electrical 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 19% per year, which means it has not declined as severely as earnings. Ankündigung • Mar 29
Goldwind Science And Technology Co., Ltd. Proposes Final Ordinary Cash Dividend for the Year Ended 31 December 2023, Payable on 30 August 2024 Goldwind Science And Technology Co., Ltd. proposed final ordinary cash dividend of RMB 0.1 per share for the year ended 31 December 2023, payable on 30 August 2024. Ankündigung • Feb 27
Goldwind Science and Technology Co., Ltd. Approves to Elect Mr. Zhang Xudong as Non-Executive Director Goldwind Science And Technology Co., Ltd. to elect Mr. Zhang Xudong ("Mr. Zhang") as the Company's non-executive director has been approved. Mr. Zhang will assume the position on the day after the EGM held on 27 February 2024. His tenure will be until the end of the term of the eighth session of the Board. Ankündigung • Dec 29
Goldwind Science And Technology Co., Ltd. to Report Fiscal Year 2023 Results on Mar 30, 2024 Goldwind Science And Technology Co., Ltd. announced that they will report fiscal year 2023 results on Mar 30, 2024 Ankündigung • Dec 12
Goldwind Science and Technology Co., Ltd. Announces Resignation Wang Yili as Non-Executive Director and A Member of the Strategic Committee Goldwind Science And Technology Co., Ltd. announces that on 12 December 2023, the Company received a resignation letter from Mr. Wang Yili resigning as a non-executive director and a member of the strategic committee of the Company due to other career developments. Ankündigung • Oct 27
Goldwind Science and Technology Co., Ltd. Appoints Liu Rixin as Member of the Strategic Committee Goldwind Science And Technology Co., Ltd. announced that Mr. Liu Rixin, an executive director of the Company, is appointed as a member of the strategic committee of the Company. The term of office shall expire upon the expiry of the term of the eighth session of the Board. Reported Earnings • Oct 27
Third quarter 2023 earnings released: EPS: CN¥0.012 (vs CN¥0.10 in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.012 (down from CN¥0.10 in 3Q 2022). Revenue: CN¥10.3b (up 6.9% from 3Q 2022). Net income: CN¥62.4m (down 88% from 3Q 2022). Profit margin: 0.6% (down from 5.4% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 8.3% p.a. on average during the next 3 years, compared to a 22% growth forecast for the Electrical industry in China. Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings. Ankündigung • Sep 30
Goldwind Science And Technology Co., Ltd. to Report Q3, 2023 Results on Oct 27, 2023 Goldwind Science And Technology Co., Ltd. announced that they will report Q3, 2023 results on Oct 27, 2023 Reported Earnings • Aug 22
Second quarter 2023 earnings released: EPS: CN¥0.004 (vs CN¥0.15 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.004 (down from CN¥0.15 in 2Q 2022). Revenue: CN¥13.4b (up 31% from 2Q 2022). Net income: CN¥16.6m (down 98% from 2Q 2022). Profit margin: 0.1% (down from 6.4% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.8% p.a. on average during the next 3 years, compared to a 22% growth forecast for the Electrical industry in China. 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. Ankündigung • Aug 15
Goldwind Science And Technology Co., Ltd. Announces Final Profit Distribution Plan to Be Implemented on A Shares for the Year 2022, Payable on 18 August 2023 Goldwind Science And Technology Co., Ltd. announced final profit distribution plan to be implemented on A shares as cash dividend per ten shares (tax included) of CNY 1.20000000 for the year 2022, payable on 18 August 2023. Record date is 17 August 2023. Ex-date is 18 August 2023. Ankündigung • Jul 21
Goldwind Science And Technology Co., Ltd. Elects Liu Rixin as an Executive Director Goldwind Science And Technology Co., Ltd. announced that at its extraordinary general meeting held on 18 July 2023, approved the election of Mr. Liu Rixin as an executive director of the company. Mr. Liu will assume the position on the day after the EGM held on 18 July 2023. His tenure will be until the end of the term of the eighth session of the Board. Ankündigung • Jun 21
Xinjiang Goldwind Science & Technology Co., Ltd. Approves Appointment of Yang Liying as Non-Executive Director Xinjiang Goldwind Science & Technology Co., Ltd. at its AGM held on June 20, 2023 approved the appointment of Ms. Yang Liying as a non-executive Director of the Company. Ankündigung • May 06
Xinjiang Goldwind Science & Technology Co., Ltd. Proposes Final Dividend for the Year Ended 31 December 2022, Payable on 30 August 2023 Xinjiang Goldwind Science & Technology Co., Ltd. proposed final dividend of RMB 0.12 per share for the year ended 31 December 2022. Ex-dividend date is 26 June 2023, Record date is 27 June 2023 and Payment date is 30 August 2023. Date of shareholders' approval is 20 June 2023. Ankündigung • May 05
Xinjiang Goldwind Science & Technology Co., Ltd., Annual General Meeting, Jun 20, 2023 Xinjiang Goldwind Science & Technology Co., Ltd., Annual General Meeting, Jun 20, 2023, at 14:30 China Standard Time. Location: Conference Room of No.8 Boxing Yi Road, Economic & Technological Development District, Beijing, PRC Beijing China Agenda: To consider and approve the issue of bonds and asset-backed securities inside or outside the PRC. Please refer to Appendix I for details; to consider and approve the proposed Change of Company Name. Please refer to the circular of the Company dated 4 May 2023 for details; to consider and approve the proposed Amendments to the Articles. Please refer to the circular of the Company dated 4 May 2023 for details; to consider and approve the report of the board of directors (the "Directors") of the Company for the year of 2022; to consider and approve the report of the supervisory committee of the Company for the year of 2022. Reported Earnings • Apr 28
First quarter 2023 earnings released: EPS: CN¥0.29 (vs CN¥0.28 in 1Q 2022) First quarter 2023 results: EPS: CN¥0.29. Revenue: CN¥5.56b (down 13% from 1Q 2022). Net income: CN¥1.23b (down 2.4% from 1Q 2022). Profit margin: 22% (up from 20% in 1Q 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 7.8% p.a. on average during the next 3 years, compared to a 22% growth forecast for the Electrical industry in China. Board Change • Nov 16
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 Xianfen Zeng was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Oct 27
Third quarter 2022 earnings released Third quarter 2022 results: Revenue: CN¥9.65b (down 38% from 3Q 2021). Net income: CN¥525.6m (down 59% from 3Q 2021). Profit margin: 5.4% (down from 8.1% in 3Q 2021). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 25% growth forecast for the Electrical 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 1% per year, which means it is significantly lagging earnings. Reported Earnings • Aug 25
Second quarter 2022 earnings released: EPS: CN¥0.15 (vs CN¥0.19 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.15 (down from CN¥0.19 in 2Q 2021). Revenue: CN¥10.1b (down 8.6% from 2Q 2021). Net income: CN¥654.5m (down 15% from 2Q 2021). Profit margin: 6.5% (down from 7.0% in 2Q 2021). The decrease in margin was driven by lower revenue. Over the next year, revenue is forecast to grow 4.8%, compared to a 55% growth forecast for the Electrical industry in China. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Board Change • Apr 27
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 Non-executive Director Wei Wei was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Mar 29
Full year 2021 earnings released: EPS: CN¥0.79 (vs CN¥0.67 in FY 2020) Full year 2021 results: EPS: CN¥0.79 (up from CN¥0.67 in FY 2020). Revenue: CN¥50.4b (down 10% from FY 2020). Net income: CN¥3.33b (up 17% from FY 2020). Profit margin: 6.6% (up from 5.1% in FY 2020). The increase in margin was driven by lower expenses. Over the next year, revenue is forecast to grow 2.4%, compared to a 65% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Reported Earnings • Oct 28
Third quarter 2021 earnings released: EPS CN¥0.27 (vs CN¥0.18 in 3Q 2020) The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2021 results: Revenue: CN¥15.6b (down 11% from 3Q 2020). Net income: CN¥1.27b (up 50% from 3Q 2020). Profit margin: 8.1% (up from 4.8% in 3Q 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 27% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Sep 04
Investor sentiment improved over the past week After last week's 23% share price gain to CN¥17.15, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 30x in the Electrical industry in China. Total returns to shareholders of 67% over the past three years. Reported Earnings • Aug 22
Second quarter 2021 earnings released: EPS CN¥0.19 (vs CN¥0.10 in 2Q 2020) The company reported a decent second quarter result with improved earnings and profit margins, although revenues were weaker. Second quarter 2021 results: Revenue: CN¥11.1b (down 21% from 2Q 2020). Net income: CN¥876.5m (up 131% from 2Q 2020). Profit margin: 7.9% (up from 2.7% in 2Q 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings. Reported Earnings • Apr 28
First quarter 2021 earnings released: EPS CN¥0.22 (vs CN¥0.18 in 1Q 2020) The company reported a solid first quarter result with improved earnings and revenues, although profit margins were weaker. First quarter 2021 results: Revenue: CN¥6.82b (up 25% from 1Q 2020). Net income: CN¥972.1m (up 8.6% from 1Q 2020). Profit margin: 14% (down from 16% in 1Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 13% per year whereas the company’s share price has fallen by 11% per year. Executive Departure • Apr 14
Non-Executive Director has left the company On the 12th of April, Zhenyu Dong's tenure in the role of Non-Executive Director ended. We don't have any record of a personal shareholding under Zhenyu's name. A total of 3 executives have left over the last 12 months. Reported Earnings • Mar 28
Full year 2020 earnings released: EPS CN¥0.67 (vs CN¥0.51 in FY 2019) The company reported a solid full year result with improved earnings and revenues, although profit margins were weaker. Full year 2020 results: Revenue: CN¥56.3b (up 47% from FY 2019). Net income: CN¥2.96b (up 41% from FY 2019). Profit margin: 5.3% (down from 5.5% in FY 2019). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings. Executive Departure • Mar 10
Chief Financial Officer has left the company On the 9th of March, Chunzhi Liu's tenure as Chief Financial Officer ended after 2.5 years in the role. We don't have any record of a personal shareholding under Chunzhi's name. A total of 2 executives have left over the last 12 months. Valuation Update With 7 Day Price Move • Mar 09
Investor sentiment deteriorated over the past week After last week's 18% share price decline to CN¥13.18, the stock is trading at a trailing P/E ratio of 21.4x, down from the previous P/E ratio of 26.2x. This compares to an average P/E of 33x in the Electrical industry in China. Total return to shareholders over the past three years is a loss of 15%. Ankündigung • Feb 24
Xinjiang Goldwind Science & Technology Co., Ltd. to Report Fiscal Year 2020 Results on Mar 27, 2021 Xinjiang Goldwind Science & Technology Co., Ltd. announced that they will report fiscal year 2020 results on Mar 27, 2021 Is New 90 Day High Low • Jan 22
New 90-day high: CN¥16.82 The company is up 50% from its price of CN¥11.18 on 23 October 2020. The Chinese market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electrical industry, which is up 31% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥3.09 per share. Valuation Update With 7 Day Price Move • Jan 07
Investor sentiment improved over the past week After last week's 15% share price gain to CN¥16.39, the stock is trading at a trailing P/E ratio of 26.6x, up from the previous P/E ratio of 23.1x. This compares to an average P/E of 36x in the Electrical industry in China. Total returns to shareholders over the past three years are 3.8%. Is New 90 Day High Low • Jan 04
New 90-day high: CN¥15.30 The company is up 50% from its price of CN¥10.23 on 30 September 2020. The Chinese market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electrical industry, which is up 30% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥3.15 per share. Ankündigung • Dec 23
Xinjiang Goldwind Science & Technology Co., Ltd. Appoints Dong Zhenyu as Non-Executive Director Xinjiang Goldwind Science & Technology Co., Ltd. board of directors announced that Ms. Dong Zhenyu, a non-executive director of the Company, is appointed as a member of the strategic committee of the Company. The term of office shall expire upon the expiry of the term of the seventh session of the Board. Is New 90 Day High Low • Dec 18
New 90-day high: CN¥13.10 The company is up 27% from its price of CN¥10.34 on 18 September 2020. The Chinese market is up 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electrical industry, which is up 14% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥3.05 per share. Reported Earnings • Oct 29
Third quarter earnings released Over the last 12 months the company has reported total profits of CN¥2.64b, up 16% from the prior year. Total revenue was CN¥50.5b over the last 12 months, up 42% from the prior year. Analyst Estimate Surprise Post Earnings • Oct 29
Third-quarter earnings released: Revenue beats expectations Third-quarter revenue exceeded analyst estimates by 59% at CN¥17.6b. Revenue is forecast to stay flat over the next year, compared to a 46% growth forecast for the Electrical industry in China. Ankündigung • Oct 16
Xinjiang Goldwind Science & Technology Co., Ltd. to Report Q3, 2020 Results on Oct 28, 2020 Xinjiang Goldwind Science & Technology Co., Ltd. announced that they will report Q3, 2020 results on Oct 28, 2020 Valuation Update With 7 Day Price Move • Oct 14
Market bids up stock over the past week After last week's 17% share price gain to CN¥12.00, the stock is trading at a trailing P/E ratio of 23.5x, up from the previous P/E ratio of 20x. This compares to an average P/E of 42x in the Electrical industry in China. Total returns to shareholders over the past three years were flat.