Valuation Update With 7 Day Price Move • Jul 23
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to CN¥16.11, the stock trades at a forward P/E ratio of 25x. Average forward P/E is 16x in the Renewable Energy industry in China. Total returns to shareholders of 31% over the past three years. Valuation Update With 7 Day Price Move • Jul 08
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to CN¥14.08, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 15x in the Renewable Energy industry in China. Total returns to shareholders of 9.9% over the past three years. Anuncio • Jul 01
GCL Energy Technology Co.,Ltd. to Report First Half, 2026 Results on Aug 28, 2026 GCL Energy Technology Co.,Ltd. announced that they will report first half, 2026 results on Aug 28, 2026 Valuation Update With 7 Day Price Move • Jun 10
Investor sentiment deteriorates as stock falls 24% After last week's 24% share price decline to CN¥18.48, the stock trades at a forward P/E ratio of 29x. Average forward P/E is 18x in the Renewable Energy industry in China. Total returns to shareholders of 42% over the past three years. Valuation Update With 7 Day Price Move • May 07
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥20.59, the stock trades at a forward P/E ratio of 33x. Average forward P/E is 18x in the Renewable Energy industry in China. Total returns to shareholders of 59% over the past three years. New Risk • Apr 29
New major risk - Financial position The company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 17% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (17% operating cash flow to total debt). Share price has been highly volatile over the past 3 months (11% average weekly change). Minor Risk Paying a dividend despite having no free cash flows. Reported Earnings • Apr 28
First quarter 2026 earnings released: EPS: CN¥0.18 (vs CN¥0.16 in 1Q 2025) First quarter 2026 results: EPS: CN¥0.18 (up from CN¥0.16 in 1Q 2025). Revenue: CN¥2.31b (down 21% from 1Q 2025). Net income: CN¥287.9m (up 14% from 1Q 2025). Profit margin: 13% (up from 8.6% in 1Q 2025). The increase in margin was driven by lower expenses. Revenue is forecast to grow 11% p.a. on average during the next 2 years, compared to a 4.6% growth forecast for the Renewable Energy industry in China. Over the last 3 years on average, earnings per share has fallen by 27% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings. Anuncio • Apr 28
GCL Energy Technology Co.,Ltd., Annual General Meeting, May 19, 2026 GCL Energy Technology Co.,Ltd., Annual General Meeting, May 19, 2026, at 14:00 China Standard Time. Location: The Company's Meeting Room, Suzhou, Jiangsu China Anuncio • Mar 31
GCL Energy Technology Co.,Ltd. to Report Q1, 2026 Results on Apr 28, 2026 GCL Energy Technology Co.,Ltd. announced that they will report Q1, 2026 results on Apr 28, 2026 Valuation Update With 7 Day Price Move • Mar 31
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to CN¥15.94, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 16x in the Renewable Energy industry in China. Total returns to shareholders of 52% over the past three years. Valuation Update With 7 Day Price Move • Mar 14
Investor sentiment improves as stock rises 43% After last week's 43% share price gain to CN¥22.28, the stock trades at a forward P/E ratio of 32x. Average forward P/E is 16x in the Renewable Energy industry in China. Total returns to shareholders of 132% over the past three years. New Risk • Mar 11
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 7.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (16% operating cash flow to total debt). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (7.9% average weekly change). Valuation Update With 7 Day Price Move • Feb 27
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to CN¥14.16, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 14x in the Renewable Energy industry in China. Total returns to shareholders of 37% over the past three years. Valuation Update With 7 Day Price Move • Feb 06
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to CN¥12.06, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 14x in the Renewable Energy industry in China. Total returns to shareholders of 7.1% over the past three years. Anuncio • Dec 31
GCL Energy Technology Co.,Ltd. to Report Fiscal Year 2025 Results on Apr 28, 2026 GCL Energy Technology Co.,Ltd. announced that they will report fiscal year 2025 results on Apr 28, 2026 Reported Earnings • Oct 28
Third quarter 2025 earnings released Third quarter 2025 results: Revenue: CN¥2.51b (down 12% from 3Q 2024). Net income: CN¥242.8m (up 24% from 3Q 2024). Profit margin: 9.7% (up from 6.8% in 3Q 2024). The increase in margin was driven by lower expenses. Revenue is forecast to grow 9.0% p.a. on average during the next 3 years, compared to a 4.9% growth forecast for the Renewable Energy industry in China. Anuncio • Sep 30
GCL Energy Technology Co.,Ltd. to Report Q3, 2025 Results on Oct 28, 2025 GCL Energy Technology Co.,Ltd. announced that they will report Q3, 2025 results on Oct 28, 2025 Reported Earnings • Sep 01
Second quarter 2025 earnings released: EPS: CN¥0.17 (vs CN¥0.14 in 2Q 2024) Second quarter 2025 results: EPS: CN¥0.17 (up from CN¥0.14 in 2Q 2024). Revenue: CN¥2.49b (up 8.8% from 2Q 2024). Net income: CN¥265.7m (up 19% from 2Q 2024). Profit margin: 11% (up from 9.7% in 2Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.4% p.a. on average during the next 3 years, compared to a 4.8% growth forecast for the Renewable Energy 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 3% per year, which means it has not declined as severely as earnings. Anuncio • Jul 02
GCL Energy Technology Co.,Ltd. to Report First Half, 2025 Results on Aug 29, 2025 GCL Energy Technology Co.,Ltd. announced that they will report first half, 2025 results on Aug 29, 2025 Valuation Update With 7 Day Price Move • Jul 01
Investor sentiment improves as stock rises 26% After last week's 26% share price gain to CN¥14.26, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 13x in the Renewable Energy industry in China. Total loss to shareholders of 16% over the past three years. New Risk • Jun 19
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 8.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (13% operating cash flow to total debt). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (8.3% average weekly change). Profit margins are more than 30% lower than last year (5.4% net profit margin). Valuation Update With 7 Day Price Move • Jun 16
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to CN¥10.71, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 13x in the Renewable Energy industry in China. Total loss to shareholders of 32% over the past three years. Anuncio • May 22
GCL Energy Technology Co.,Ltd. Approves Final Cash Dividend for 2024 GCL Energy Technology Co.,Ltd. at its AGM held on 20 May 2025, approved Cash dividend/10 shares (tax included): CNY 1.00000000 for the year 2024. New Risk • May 01
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: 5.4% Last year net profit margin: 7.9% 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: Major Risk Debt is not well covered by operating cash flow (13% operating cash flow to total debt). Minor Risks Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (5.4% net profit margin). Reported Earnings • Apr 30
Third quarter 2024 earnings released: EPS: CN¥0.13 (vs CN¥0.099 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.13 (up from CN¥0.099 in 3Q 2023). Revenue: CN¥2.85b (down 8.0% from 3Q 2023). Net income: CN¥195.1m (up 22% from 3Q 2023). Profit margin: 6.8% (up from 5.2% in 3Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 5.3% growth forecast for the Renewable Energy industry in China. Over the last 3 years on average, earnings per share has fallen by 20% per year whereas the company’s share price has fallen by 18% per year. Anuncio • Apr 29
GCL Energy Technology Co.,Ltd., Annual General Meeting, May 20, 2025 GCL Energy Technology Co.,Ltd., Annual General Meeting, May 20, 2025, at 14:00 China Standard Time. Anuncio • Mar 31
GCL Energy Technology Co.,Ltd. to Report Q1, 2025 Results on Apr 26, 2025 GCL Energy Technology Co.,Ltd. announced that they will report Q1, 2025 results on Apr 26, 2025 Anuncio • Dec 31
GCL Energy Technology Co.,Ltd. to Report Fiscal Year 2024 Results on Apr 26, 2025 GCL Energy Technology Co.,Ltd. announced that they will report fiscal year 2024 results on Apr 26, 2025 Reported Earnings • Oct 26
Third quarter 2024 earnings released: EPS: CN¥0.13 (vs CN¥0.078 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.13 (up from CN¥0.078 in 3Q 2023). Revenue: CN¥2.85b (down 4.0% from 3Q 2023). Net income: CN¥195.1m (up 56% from 3Q 2023). Profit margin: 6.8% (up from 4.2% in 3Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 20% p.a. on average during the next 3 years, compared to a 6.4% growth forecast for the Renewable Energy industry in China. Over the last 3 years on average, earnings per share has fallen by 20% per year whereas the company’s share price has fallen by 17% per year. Anuncio • Sep 30
GCL Energy Technology Co.,Ltd. to Report Q3, 2024 Results on Oct 26, 2024 GCL Energy Technology Co.,Ltd. announced that they will report Q3, 2024 results on Oct 26, 2024 Valuation Update With 7 Day Price Move • Sep 27
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to CN¥7.68, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 12x in the Renewable Energy industry in China. Total loss to shareholders of 41% over the past three years. Reported Earnings • Aug 29
Second quarter 2024 earnings released: EPS: CN¥0.14 (vs CN¥0.29 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.14 (down from CN¥0.29 in 2Q 2023). Revenue: CN¥2.29b (down 17% from 2Q 2023). Net income: CN¥223.1m (down 53% from 2Q 2023). Profit margin: 9.7% (down from 17% in 2Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 6.4% growth forecast for the Renewable Energy industry in China. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has fallen by 25% per year, which means it is performing significantly worse than earnings. Valuation Update With 7 Day Price Move • Jul 15
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to CN¥8.45, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 12x in the Renewable Energy industry in China. Total loss to shareholders of 2.3% over the past three years. Anuncio • Jun 29
GCL Energy Technology Co.,Ltd. to Report First Half, 2024 Results on Aug 29, 2024 GCL Energy Technology Co.,Ltd. announced that they will report first half, 2024 results on Aug 29, 2024 Anuncio • Apr 28
GCL Energy Technology Co.,Ltd., Annual General Meeting, May 16, 2024 GCL Energy Technology Co.,Ltd., Annual General Meeting, May 16, 2024, at 14:00 China Standard Time. Location: No. 28, Xinqing Road, Suzhou Industrial Park, Jiangsu China Agenda: To approve 2023 work report of the board of directors; to approve 2023 work report of the supervisory committee; to approve 2023 profit distribution plan; to approve 2024 estimated external guarantee quota; to approve 2024 entrusted wealth management investment plan; to reappoint 2024 audit firm; and to consider and approve other matters of business. Anuncio • Apr 27
GCL Energy Technology Co.,Ltd. Proposes Final Dividend for 2023 GCL Energy Technology Co.,Ltd. proposed final cash dividend of CNY 1.30000000 per 10 shares (tax included) for 2023. Reported Earnings • Apr 26
First quarter 2024 earnings released: EPS: CN¥0.12 (vs CN¥0.20 in 1Q 2023) First quarter 2024 results: EPS: CN¥0.12 (down from CN¥0.20 in 1Q 2023). Revenue: CN¥2.41b (down 15% from 1Q 2023). Net income: CN¥187.7m (down 42% from 1Q 2023). Profit margin: 7.8% (down from 11% in 1Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 25% p.a. on average during the next 2 years, compared to a 7.1% growth forecast for the Renewable Energy industry in China. Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings. Anuncio • Mar 30
GCL Energy Technology Co.,Ltd. to Report Q1, 2024 Results on Apr 26, 2024 GCL Energy Technology Co.,Ltd. announced that they will report Q1, 2024 results on Apr 26, 2024 Valuation Update With 7 Day Price Move • Mar 14
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to CN¥11.34, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 11x in the Renewable Energy industry in China. Total returns to shareholders of 39% over the past three years. Valuation Update With 7 Day Price Move • Feb 05
Investor sentiment deteriorates as stock falls 20% After last week's 20% share price decline to CN¥7.84, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 10x in the Renewable Energy industry in China. Total returns to shareholders of 28% over the past three years. Valuation Update With 7 Day Price Move • Jan 22
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to CN¥9.55, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 11x in the Renewable Energy industry in China. Total returns to shareholders of 63% over the past three years. Board Change • Oct 27
Less than half of directors are independent There are 6 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: 4 independent directors. 5 non-independent directors. Non-Independent Director Min Yang was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Reported Earnings • Oct 27
Third quarter 2023 earnings released: EPS: CN¥0.078 (vs CN¥0.17 in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.078 (down from CN¥0.17 in 3Q 2022). Revenue: CN¥2.97b (up 3.5% from 3Q 2022). Net income: CN¥125.0m (down 54% from 3Q 2022). Profit margin: 4.2% (down from 9.5% in 3Q 2022). Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Renewable Energy industry in China. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has increased by 27% per year, which means it is well ahead of earnings. Anuncio • Sep 30
GCL Energy Technology Co.,Ltd. to Report Q3, 2023 Results on Oct 27, 2023 GCL Energy Technology Co.,Ltd. announced that they will report Q3, 2023 results on Oct 27, 2023 New Risk • Sep 27
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 21% 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: Major Risk Debt is not well covered by operating cash flow (11% operating cash flow to total debt). Minor Risks Paying a dividend despite having no free cash flows. Large one-off items impacting financial results. Reported Earnings • Aug 25
Second quarter 2023 earnings released: EPS: CN¥0.29 (vs CN¥0.14 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.29 (up from CN¥0.14 in 2Q 2022). Revenue: CN¥2.77b (up 14% from 2Q 2022). Net income: CN¥475.7m (up 119% from 2Q 2022). Profit margin: 17% (up from 8.9% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Renewable Energy industry in China. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 27% per year, which means it is well ahead of earnings. Upcoming Dividend • Jun 19
Upcoming dividend of CN¥0.19 per share at 1.4% yield Eligible shareholders must have bought the stock before 26 June 2023. Payment date: 26 June 2023. Payout ratio is a comfortable 36% but the company is not cash flow positive. Trailing yield: 1.4%. Lower than top quartile of Chinese dividend payers (2.0%). Lower than average of industry peers (2.7%). Valuation Update With 7 Day Price Move • Jun 05
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to CN¥14.93, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 12x in the Renewable Energy industry in China. Total returns to shareholders of 170% over the past three years. Anuncio • May 20
GCL Energy Technology Co.,Ltd. Approves Cash Dividend for 2022 GCL Energy Technology Co.,Ltd. at its Annual General Meeting of 2022 held on 18 May 2023, approved cash dividend/10 shares (tax included): CNY 1.90000000. Reported Earnings • Apr 17
Full year 2022 earnings: EPS and revenues miss analyst expectations Full year 2022 results: EPS: CN¥0.41 (down from CN¥0.74 in FY 2021). Revenue: CN¥10.7b (down 5.6% from FY 2021). Net income: CN¥636.6m (down 37% from FY 2021). Profit margin: 6.0% (down from 8.9% in FY 2021). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 7.8%. Earnings per share (EPS) also missed analyst estimates by 27%. Revenue is forecast to grow 20% p.a. on average during the next 2 years, compared to a 8.1% growth forecast for the Renewable Energy industry in China. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has increased by 29% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Apr 11
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to CN¥12.77, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 13x in the Renewable Energy industry in China. Total returns to shareholders of 112% over the past three years. Anuncio • Dec 29
GCL Energy Technology Co.,Ltd. (SZSE:002015) announces an Equity Buyback for CNY 1,000 million worth of its shares. GCL Energy Technology Co.,Ltd. (SZSE:002015) announces a share repurchase program. Under the program, the company will repurchase up to CNY 1,000 million worth of its shares. The program will be valid for 12 months. Board Change • Nov 16
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: 4 independent directors. 6 non-independent directors. Non-Independent Director Min Yang was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Reported Earnings • Oct 29
Third quarter 2022 earnings released: EPS: CN¥0.17 (vs CN¥0.23 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.17 (down from CN¥0.23 in 3Q 2021). Revenue: CN¥2.87b (up 16% from 3Q 2021). Net income: CN¥272.3m (down 11% from 3Q 2021). Profit margin: 9.5% (down from 12% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 20% p.a. on average during the next 3 years, compared to a 7.7% growth forecast for the Renewable Energy 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 increased by 33% per year, which means it is tracking significantly ahead of earnings growth. Anuncio • Sep 02
GCL Energy Technology Co.,Ltd. Announces Executive Elections GCL Energy Technology Co.,Ltd. elected Yang Min as non-independent directors; Wang Zhenpo as independent directors and Wang Xiaoyan as non-employee supervisors, at its EGM held on 31 August 2022. Reported Earnings • Aug 12
Second quarter 2022 earnings released: EPS: CN¥0.14 (vs CN¥0.25 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.14 (down from CN¥0.25 in 2Q 2021). Revenue: CN¥2.42b (down 26% from 2Q 2021). Net income: CN¥217.0m (down 37% from 2Q 2021). Profit margin: 8.9% (down from 10% in 2Q 2021). The decrease in margin was driven by lower revenue. Over the next year, revenue is forecast to grow 55%, compared to a 15% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has increased by 41% per year, which means it is tracking significantly ahead of earnings growth. Anuncio • May 12
GCL Intelligent Energy Co., Ltd. Approves Final Cash Dividend for the Year 2021, Payable on 17 May 2022 GCL Intelligent Energy Co., Ltd. announced that at its AGM held on May 6, 2022, approved final cash dividend per ten shares (tax included) of CNY 2.00000000 for the year 2021. Net cash dividend/10 shares after tax is CNY 1.80000000 (CNY 2.00000000- CNY 0.20000000). the dividend is payable on 17 May 2022 with record date of 16 May 2022 and ex-date of 17 May 2022. Valuation Update With 7 Day Price Move • May 11
Investor sentiment improved over the past week After last week's 20% share price gain to CN¥15.60, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 14x in the Renewable Energy industry in China. Total returns to shareholders of 94% over the past year. Board Change • Apr 27
Less than half of directors are independent There are 11 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: 11 new directors. No experienced directors. No highly experienced directors. 3 independent directors (5 non-independent directors). Independent Director Minghui Li is the most experienced director on the board, commencing their role in 2019. Independent Director Xiaoping Han was the last independent director to join the board, commencing their role in 2019. 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. Reported Earnings • Apr 16
Full year 2021 earnings released: EPS: CN¥0.74 (vs CN¥0.59 in FY 2020) Full year 2021 results: EPS: CN¥0.74 (up from CN¥0.59 in FY 2020). Revenue: CN¥11.3b (flat on FY 2020). Net income: CN¥1.00b (up 25% from FY 2020). Profit margin: 8.9% (up from 7.1% in FY 2020). Valuation Update With 7 Day Price Move • Mar 15
Investor sentiment deteriorated over the past week After last week's 16% share price decline to CN¥13.86, the stock trades at a trailing P/E ratio of 19.4x. Average trailing P/E is 29x in the Renewable Energy industry in China. Total returns to shareholders of 70% over the past year. Valuation Update With 7 Day Price Move • Nov 17
Investor sentiment improved over the past week After last week's 17% share price gain to CN¥15.91, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 16x in the Renewable Energy industry in China. Total returns to shareholders of 167% over the past year. Reported Earnings • Oct 27
Third quarter 2021 earnings released: EPS CN¥0.23 (vs CN¥0.21 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¥2.47b (down 13% from 3Q 2020). Net income: CN¥306.4m (up 9.7% from 3Q 2020). Profit margin: 12% (up from 9.8% in 3Q 2020). The increase in margin was driven by lower expenses. Valuation Update With 7 Day Price Move • Sep 24
Investor sentiment improved over the past week After last week's 19% share price gain to CN¥16.70, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 20x in the Renewable Energy industry in China. Total returns to shareholders of 218% over the past year. Valuation Update With 7 Day Price Move • Aug 25
Investor sentiment improved over the past week After last week's 38% share price gain to CN¥16.41, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 16x in the Renewable Energy industry in China. Total returns to shareholders of 183% over the past year. Reported Earnings • Aug 19
Second quarter 2021 earnings released: EPS CN¥0.25 (vs CN¥0.20 in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CN¥3.29b (up 17% from 2Q 2020). Net income: CN¥343.5m (up 30% from 2Q 2020). Profit margin: 10% (up from 9.4% in 2Q 2020). The increase in margin was driven by higher revenue. Valuation Update With 7 Day Price Move • Aug 10
Investor sentiment improved over the past week After last week's 18% share price gain to CN¥10.34, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 13x in the Renewable Energy industry in China. Total returns to shareholders of 73% over the past year. Valuation Update With 7 Day Price Move • May 24
Investor sentiment improved over the past week After last week's 22% share price gain to CN¥10.05, the stock trades at a trailing P/E ratio of 15.7x. Average forward P/E is 15x in the Renewable Energy industry in China. Total returns to shareholders of 81% over the past year. Reported Earnings • Apr 28
First quarter 2021 earnings released: EPS CN¥0.12 (vs CN¥0.067 in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: CN¥2.78b (up 11% from 1Q 2020). Net income: CN¥154.9m (up 72% from 1Q 2020). Profit margin: 5.6% (up from 3.6% in 1Q 2020). The increase in margin was driven by higher revenue. Reported Earnings • Apr 09
Full year 2020 earnings released: EPS CN¥0.59 (vs CN¥0.19 in FY 2019) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: CN¥11.3b (up 6.0% from FY 2019). Net income: CN¥801.8m (up 15% from FY 2019). Profit margin: 7.1% (up from 6.5% in FY 2019). The increase in margin was driven by higher revenue. Valuation Update With 7 Day Price Move • Mar 22
Investor sentiment improved over the past week After last week's 15% share price gain to CN¥9.22, the stock trades at a trailing P/E ratio of 36.8x. Average forward P/E is 12x in the Renewable Energy industry in China. Total returns to shareholders of 40% over the past year. Anuncio • Feb 25
GCL Energy Technology Co., Ltd. to Report Fiscal Year 2020 Results on Apr 15, 2021 GCL Energy Technology Co., Ltd. announced that they will report fiscal year 2020 results on Apr 15, 2021 Valuation Update With 7 Day Price Move • Feb 23
Investor sentiment improved over the past week After last week's 16% share price gain to CN¥7.14, the stock is trading at a trailing P/E ratio of 28.5x, up from the previous P/E ratio of 24.6x. This compares to an average P/E of 16x in the Renewable Energy industry in China. Total returns to shareholders over the past year are 3.9%. Is New 90 Day High Low • Feb 22
New 90-day high: CN¥6.88 The company is up 12% from its price of CN¥6.15 on 24 November 2020. The Chinese market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Renewable Energy industry, which is down 1.0% over the same period. Is New 90 Day High Low • Dec 21
New 90-day high: CN¥6.17 The company is up 13% from its price of CN¥5.46 on 22 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 Renewable Energy industry, which is down 1.0% over the same period. Reported Earnings • Oct 28
Third quarter earnings released Over the last 12 months the company has reported total profits of CN¥900.8m, up 58% from the prior year. Total revenue was CN¥11.0b over the last 12 months, up 6.8% from the prior year. Anuncio • Oct 19
GCL Energy Technology Co., Ltd. to Report Q3, 2020 Results on Oct 27, 2020 GCL Energy Technology Co., Ltd. announced that they will report Q3, 2020 results on Oct 27, 2020 Anuncio • Aug 07
GCL Energy Technology Co., Ltd. to Report First Half, 2020 Results on Aug 26, 2020 GCL Energy Technology Co., Ltd. announced that they will report first half, 2020 results on Aug 26, 2020