Annuncio • Jun 30
Jiangsu Pacific Precision Forging Co., Ltd. to Report First Half, 2026 Results on Aug 25, 2026 Jiangsu Pacific Precision Forging Co., Ltd. announced that they will report first half, 2026 results on Aug 25, 2026 Valuation Update With 7 Day Price Move • Jun 26
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to CN¥10.53, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 18x in the Auto Components industry in China. Total loss to shareholders of 25% over the past three years. Declared Dividend • Jun 05
Dividend of CN¥0.045 announced Shareholders will receive a dividend of CN¥0.045. Ex-date: 10th June 2026 Payment date: 10th June 2026 Dividend yield will be 0.6%, which is lower than the industry average of 1.8%. Sustainability & Growth Dividend is covered by earnings (49% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 51% over the next year, which should provide support to the dividend and adequate earnings cover. Annuncio • Jun 05
Jiangsu Pacific Precision Forging Co., Ltd. Announces Final Cash Dividend on A Shares for 2025, Payable on 10 June 2026 Jiangsu Pacific Precision Forging Co., Ltd. has announced the implementation of its final profit distribution plan for 2025, declaring a cash dividend of CNY 0.45000000 per 10 shares (tax included) on A shares. The record date is 09 June 2026, with the ex-date on 10 June 2026 and the payment date scheduled for 10 June 2026. Valuation Update With 7 Day Price Move • Jun 01
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to CN¥12.69, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 20x in the Auto Components industry in China. Total returns to shareholders of 32% over the past three years. Board Change • May 20
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent Director Xia Qin was the last director to join the board, commencing their role in 2024. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Annuncio • Apr 20
Jiangsu Pacific Precision Forging Co., Ltd., Annual General Meeting, May 18, 2026 Jiangsu Pacific Precision Forging Co., Ltd., Annual General Meeting, May 18, 2026, at 14:30 China Standard Time. Location: The Company's Meeting Room, Taizhou, Jiangsu China Annuncio • Mar 31
Jiangsu Pacific Precision Forging Co., Ltd. to Report Q1, 2026 Results on Apr 21, 2026 Jiangsu Pacific Precision Forging Co., Ltd. announced that they will report Q1, 2026 results on Apr 21, 2026 Annuncio • Dec 31
Jiangsu Pacific Precision Forging Co., Ltd. to Report Fiscal Year 2025 Results on Apr 21, 2026 Jiangsu Pacific Precision Forging Co., Ltd. announced that they will report fiscal year 2025 results on Apr 21, 2026 Annuncio • Sep 30
Jiangsu Pacific Precision Forging Co., Ltd. to Report Q3, 2025 Results on Oct 23, 2025 Jiangsu Pacific Precision Forging Co., Ltd. announced that they will report Q3, 2025 results on Oct 23, 2025 Annuncio • Sep 18
Jiangsu Pacific Precision Forging Co., Ltd. Approves Interim Cash Dividend for the Year 2025 Jiangsu Pacific Precision Forging Co., Ltd. at its Extraordinary General Meeting held on 16 September 2025, approved interim cash dividend/10 shares (tax included) of CNY 0.35000000 for the year 2025. Annuncio • Aug 27
Jiangsu Pacific Precision Forging Co., Ltd. Proposes Interim Profit Distribution Plan for 2025 Jiangsu Pacific Precision Forging Co., Ltd. announced the 2nd Extraordinary General Meeting of 2025 at 14:30 on 16 September 2025 proposed 2025 interim profit distribution plan as Cash dividend/10 shares (tax included): CNY 0.35000000. Annuncio • Jul 02
Jiangsu Pacific Precision Forging Co., Ltd. to Report First Half, 2025 Results on Aug 26, 2025 Jiangsu Pacific Precision Forging Co., Ltd. announced that they will report first half, 2025 results on Aug 26, 2025 Annuncio • May 31
Jiangsu Pacific Precision Forging Co., Ltd. Approves Cash Dividend for 2024 Jiangsu Pacific Precision Forging Co., Ltd. at its Annual General Meeting of 2024 on 29 May 2025, approved: Cash dividend/10 shares (tax included): CNY0.40000000. Annuncio • Apr 22
Jiangsu Pacific Precision Forging Co., Ltd. Proposes Final Cash Dividend for 2024 Jiangsu Pacific Precision Forging Co., Ltd. announced on 21 April 2025 the profit distribution proposal for 2024 as follows: Final cash dividend per 10 shares (tax included) of CNY 0.40000000. Annuncio • Apr 20
Jiangsu Pacific Precision Forging Co., Ltd., Annual General Meeting, May 29, 2025 Jiangsu Pacific Precision Forging Co., Ltd., Annual General Meeting, May 29, 2025, at 14:30 China Standard Time. Location: The Company's Meeting Room, Taizhou, Jiangsu China Annuncio • Mar 31
Jiangsu Pacific Precision Forging Co., Ltd. to Report Q1, 2025 Results on Apr 19, 2025 Jiangsu Pacific Precision Forging Co., Ltd. announced that they will report Q1, 2025 results on Apr 19, 2025 Annuncio • Dec 31
Jiangsu Pacific Precision Forging Co., Ltd. to Report Fiscal Year 2024 Results on Apr 19, 2025 Jiangsu Pacific Precision Forging Co., Ltd. announced that they will report fiscal year 2024 results on Apr 19, 2025 Reported Earnings • Oct 22
Third quarter 2024 earnings released: EPS: CN¥0.047 (vs CN¥0.12 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.047 (down from CN¥0.12 in 3Q 2023). Revenue: CN¥460.2m (down 18% from 3Q 2023). Net income: CN¥22.5m (down 62% from 3Q 2023). Profit margin: 4.9% (down from 11% in 3Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 27% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Auto Components industry in China. Valuation Update With 7 Day Price Move • Oct 15
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to CN¥8.43, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 16x in the Auto Components industry in China. Total loss to shareholders of 41% over the past year. Valuation Update With 7 Day Price Move • Sep 30
Investor sentiment improves as stock rises 29% After last week's 29% share price gain to CN¥9.12, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 15x in the Auto Components industry in China. Total loss to shareholders of 41% over the past year. Annuncio • Sep 30
Jiangsu Pacific Precision Forging Co., Ltd. to Report Q3, 2024 Results on Oct 22, 2024 Jiangsu Pacific Precision Forging Co., Ltd. announced that they will report Q3, 2024 results on Oct 22, 2024 Annuncio • Sep 24
Jiangsu Pacific Precision Forging Co., Ltd. Announces Interim Cash Dividend of the Year 2024 of A Shares, Payable on 30 September 2024 Jiangsu Pacific Precision Forging Co., Ltd. announced interim cash dividend/10 shares (tax included) of CNY 0.60000000 for year 2024 of A shares. Record date is 27 September 2024. Ex-date is 30 September 2024. Payment date is 30 September 2024. New Risk • Sep 17
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 25% 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 Paying a dividend despite having no free cash flows. Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (9.4% net profit margin). Annuncio • Sep 14
Jiangsu Pacific Precision Forging Co., Ltd. Approves Interim Dividend for the Year 2024 Jiangsu Pacific Precision Forging Co., Ltd. approved at its EGM held on 12 September 2024 the interim cash dividend/10 shares (tax included) of CNY 0.60000000 for the year 2024. New Risk • Aug 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: 9.4% Last year net profit margin: 13% 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 Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (9.4% net profit margin). Reported Earnings • Aug 27
Second quarter 2024 earnings released: EPS: CN¥0.097 (vs CN¥0.17 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.097 (down from CN¥0.17 in 2Q 2023). Revenue: CN¥503.4m (flat on 2Q 2023). Net income: CN¥46.6m (down 43% from 2Q 2023). Profit margin: 9.3% (down from 16% in 2Q 2023). Revenue is forecast to grow 26% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Auto Components industry in China. Annuncio • Jun 29
Jiangsu Pacific Precision Forging Co., Ltd. to Report First Half, 2024 Results on Aug 27, 2024 Jiangsu Pacific Precision Forging Co., Ltd. announced that they will report first half, 2024 results on Aug 27, 2024 Annuncio • Apr 21
Jiangsu Pacific Precision Forging Co., Ltd., Annual General Meeting, May 13, 2024 Jiangsu Pacific Precision Forging Co., Ltd., Annual General Meeting, May 13, 2024, at 14:30 China Standard Time. Location: The Company's Meeting Room, Taizhou, Jiangsu China Reported Earnings • Apr 20
First quarter 2024 earnings released: EPS: CN¥0.097 (vs CN¥0.098 in 1Q 2023) First quarter 2024 results: EPS: CN¥0.097. Revenue: CN¥503.7m (up 12% from 1Q 2023). Net income: CN¥46.9m (up 1.8% from 1Q 2023). Profit margin: 9.3% (down from 10% in 1Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 23% p.a. on average during the next 2 years, compared to a 18% growth forecast for the Auto Components industry in China. Annuncio • Mar 30
Jiangsu Pacific Precision Forging Co., Ltd. to Report Q1, 2024 Results on Apr 20, 2024 Jiangsu Pacific Precision Forging Co., Ltd. announced that they will report Q1, 2024 results on Apr 20, 2024 Valuation Update With 7 Day Price Move • Feb 26
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥10.64, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 18x in the Auto Components industry in China. 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¥7.66, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 15x in the Auto Components industry in China. Annuncio • Dec 30
Jiangsu Pacific Precision Forging Co., Ltd. to Report Fiscal Year 2023 Results on Apr 20, 2024 Jiangsu Pacific Precision Forging Co., Ltd. announced that they will report fiscal year 2023 results on Apr 20, 2024 New Risk • Oct 24
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 23% 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 Share price has been highly volatile over the past 3 months (8.4% average weekly change). Minor Risks Paying a dividend despite having no free cash flows. Large one-off items impacting financial results. Reported Earnings • Oct 20
Third quarter 2023 earnings released: EPS: CN¥0.12 (vs CN¥0.14 in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.12 (down from CN¥0.14 in 3Q 2022). Revenue: CN¥557.9m (up 10.0% from 3Q 2022). Net income: CN¥60.0m (down 9.9% from 3Q 2022). Profit margin: 11% (down from 13% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 22% p.a. on average during the next 3 years, compared to a 22% growth forecast for the Auto Components industry in China. Annuncio • Sep 30
Jiangsu Pacific Precision Forging Co., Ltd. to Report Q3, 2023 Results on Oct 20, 2023 Jiangsu Pacific Precision Forging Co., Ltd. announced that they will report Q3, 2023 results on Oct 20, 2023 Reported Earnings • Aug 29
Second quarter 2023 earnings released: EPS: CN¥0.17 (vs CN¥0.14 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.17 (up from CN¥0.14 in 2Q 2022). Revenue: CN¥499.5m (up 40% from 2Q 2022). Net income: CN¥82.0m (up 26% from 2Q 2022). Profit margin: 16% (down from 18% in 2Q 2022). 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 21% growth forecast for the Auto Components industry in China. New Risk • Jul 15
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 6.7% 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: Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (6.7% average weekly change). Valuation Update With 7 Day Price Move • Jun 21
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥11.53, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 23x in the Auto Components industry in China. Simply Wall St's valuation model estimates the intrinsic value at CN¥11.66 per share. Annuncio • Jun 03
Jiangsu Pacific Precision Forging Co., Ltd. Announces Final Profit Distribution Plan to Be Implemented on A Shares for the Year 2022, Payable on 09 June 2023 Jiangsu Pacific Precision Forging Co., Ltd. announced final profit distribution plan to be implemented on A shares as cash dividend per ten shares (tax included) of CNY 1.25000000 for the year 2022, payable on 09 June 2023. Record date is 08 June 2023. Ex-date is 09 June 2023. Annuncio • May 26
Jiangsu Pacific Precision Forging Co., Ltd. Approves Final Cash Dividend for 2022 Jiangsu Pacific Precision Forging Co., Ltd. at its AGM held on May 22, 2023, approved final Cash dividend/10 shares (tax included) of CNY 1.25000000 for 2022.