Declared Dividend • May 27
Dividend of CN¥0.17 announced Shareholders will receive a dividend of CN¥0.17. Ex-date: 1st June 2026 Payment date: 1st June 2026 Dividend yield will be 0.2%, which is lower than the industry average of 2.0%. Sustainability & Growth Dividend is covered by earnings (33% 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 by an average of 22% per year over the past 9 years. However, payments have been volatile during that time. EPS is expected to grow by 295% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Annuncio • Apr 21
Shenzhen Envicool Technology Co., Ltd., Annual General Meeting, May 12, 2026 Shenzhen Envicool Technology Co., Ltd., Annual General Meeting, May 12, 2026, at 14:30 China Standard Time. Location: The Company's Meeting Room, Shenzhen, Guangdong China Annuncio • Mar 31
Shenzhen Envicool Technology Co., Ltd. to Report Q1, 2026 Results on Apr 21, 2026 Shenzhen Envicool Technology Co., Ltd. announced that they will report Q1, 2026 results on Apr 21, 2026 Annuncio • Dec 31
Shenzhen Envicool Technology Co., Ltd. to Report Fiscal Year 2025 Results on Apr 21, 2026 Shenzhen Envicool Technology Co., Ltd. announced that they will report fiscal year 2025 results on Apr 21, 2026 Annuncio • Sep 30
Shenzhen Envicool Technology Co., Ltd. to Report Q3, 2025 Results on Oct 14, 2025 Shenzhen Envicool Technology Co., Ltd. announced that they will report Q3, 2025 results on Oct 14, 2025 Annuncio • Jul 02
Shenzhen Envicool Technology Co., Ltd. to Report First Half, 2025 Results on Aug 19, 2025 Shenzhen Envicool Technology Co., Ltd. announced that they will report first half, 2025 results on Aug 19, 2025 Annuncio • May 22
Shenzhen Envicool Technology Co., Ltd. Approves Cash Dividend for 2024 Shenzhen Envicool Technology Co., Ltd., at the AGM held on 16 May 2025 approved Cash dividend/10 shares (tax included) of CNY 2.00000000 for 2024. Annuncio • Apr 23
Shenzhen Envicool Technology Co., Ltd. Proposes Final Cash Dividend for 2024 Shenzhen Envicool Technology Co., Ltd. announced on 22 April 2025 the profit distribution proposal for 2024 as follows: Final cash dividend per 10 shares (tax included) of CNY 2.00000000. Annuncio • Apr 22
Shenzhen Envicool Technology Co., Ltd., Annual General Meeting, May 16, 2025 Shenzhen Envicool Technology Co., Ltd., Annual General Meeting, May 16, 2025, at 14:30 China Standard Time. Location: The Company's Meeting Room, Shenzhen, Guangdong China Annuncio • Mar 31
Shenzhen Envicool Technology Co., Ltd. to Report Q1, 2025 Results on Apr 22, 2025 Shenzhen Envicool Technology Co., Ltd. announced that they will report Q1, 2025 results on Apr 22, 2025 Annuncio • Dec 31
Shenzhen Envicool Technology Co., Ltd. to Report Fiscal Year 2024 Results on Apr 22, 2025 Shenzhen Envicool Technology Co., Ltd. announced that they will report fiscal year 2024 results on Apr 22, 2025 Valuation Update With 7 Day Price Move • Nov 11
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to CN¥37.62, the stock trades at a forward P/E ratio of 40x. Average forward P/E is 18x in the Machinery industry in China. Total returns to shareholders of 108% over the past three years. Reported Earnings • Oct 25
Third quarter 2024 earnings released: EPS: CN¥0.23 (vs CN¥0.16 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.23 (up from CN¥0.16 in 3Q 2023). Revenue: CN¥1.16b (up 39% from 3Q 2023). Net income: CN¥169.3m (up 43% from 3Q 2023). Profit margin: 15% (in line with 3Q 2023). Revenue is forecast to grow 28% 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 34% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Oct 21
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to CN¥32.19, the stock trades at a forward P/E ratio of 38x. Average forward P/E is 16x in the Machinery industry in China. Total returns to shareholders of 64% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥14.70 per share. Valuation Update With 7 Day Price Move • Sep 30
Investor sentiment improves as stock rises 25% After last week's 25% share price gain to CN¥26.02, the stock trades at a forward P/E ratio of 31x. Average forward P/E is 15x in the Machinery industry in China. Total returns to shareholders of 87% over the past three years. Annuncio • Sep 30
Shenzhen Envicool Technology Co., Ltd. to Report Q3, 2024 Results on Oct 25, 2024 Shenzhen Envicool Technology Co., Ltd. announced that they will report Q3, 2024 results on Oct 25, 2024 New Risk • Sep 18
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 6.8% 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. This is currently the only risk that has been identified for the company. Reported Earnings • Aug 13
Second quarter 2024 earnings released: EPS: CN¥0.17 (vs CN¥0.085 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.17 (up from CN¥0.085 in 2Q 2023). Revenue: CN¥966.9m (up 36% from 2Q 2023). Net income: CN¥121.5m (up 82% from 2Q 2023). Profit margin: 13% (up from 9.4% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 22% 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 31% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Jul 12
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to CN¥24.54, the stock trades at a forward P/E ratio of 32x. Average forward P/E is 15x in the Machinery industry in China. Total returns to shareholders of 190% over the past three years. Annuncio • Jun 29
Shenzhen Envicool Technology Co., Ltd. to Report First Half, 2024 Results on Aug 13, 2024 Shenzhen Envicool Technology Co., Ltd. announced that they will report first half, 2024 results on Aug 13, 2024 Declared Dividend • May 22
Dividend of CN¥0.20 announced Shareholders will receive a dividend of CN¥0.20. Ex-date: 27th May 2024 Payment date: 27th May 2024 Dividend yield will be 0.6%, which is lower than the industry average of 2.0%. Sustainability & Growth Dividend is well covered by both earnings (29% earnings payout ratio) and cash flows (35% cash payout ratio). The dividend has increased by an average of 23% per year over the past 7 years. However, payments have been volatile during that time. EPS is expected to grow by 117% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Apr 17
Full year 2023 earnings released: EPS: CN¥0.61 (vs CN¥0.49 in FY 2022) Full year 2023 results: EPS: CN¥0.61 (up from CN¥0.49 in FY 2022). Revenue: CN¥3.53b (up 21% from FY 2022). Net income: CN¥344.0m (up 23% from FY 2022). Profit margin: 9.7% (in line with FY 2022). Revenue is forecast to grow 27% p.a. on average during the next 3 years, compared to a 17% growth forecast for the Machinery industry in China. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has increased by 37% per year, which means it is tracking significantly ahead of earnings growth. Annuncio • Apr 16
Shenzhen Envicool Technology Co., Ltd., Annual General Meeting, May 08, 2024 Shenzhen Envicool Technology Co., Ltd., Annual General Meeting, May 08, 2024, at 14:30 China Standard Time. Location: The Company's Meeting Room, Shenzhen, Guangdong China Annuncio • Mar 30
Shenzhen Envicool Technology Co., Ltd. to Report Q1, 2024 Results on Apr 23, 2024 Shenzhen Envicool Technology Co., Ltd. announced that they will report Q1, 2024 results on Apr 23, 2024 Valuation Update With 7 Day Price Move • Mar 04
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to CN¥29.71, the stock trades at a forward P/E ratio of 32x. Average forward P/E is 17x in the Machinery industry in China. Total returns to shareholders of 175% over the past three years. Valuation Update With 7 Day Price Move • Jan 30
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to CN¥20.44, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 16x in the Machinery industry in China. Total returns to shareholders of 82% over the past three years. Annuncio • Dec 29
Shenzhen Envicool Technology Co., Ltd. to Report Fiscal Year 2023 Results on Apr 16, 2024 Shenzhen Envicool Technology Co., Ltd. announced that they will report fiscal year 2023 results on Apr 16, 2024 New Risk • Nov 06
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 6.3% 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 High level of non-cash earnings (22% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (6.3% average weekly change). Reported Earnings • Oct 20
Third quarter 2023 earnings released: EPS: CN¥0.21 (vs CN¥0.12 in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.21 (up from CN¥0.12 in 3Q 2022). Revenue: CN¥833.0m (up 36% from 3Q 2022). Net income: CN¥118.3m (up 83% from 3Q 2022). Profit margin: 14% (up from 11% in 3Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 32% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Machinery industry in China. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has increased by 27% per year, which means it is tracking significantly ahead of earnings growth. Annuncio • Sep 30
Shenzhen Envicool Technology Co., Ltd. to Report Q3, 2023 Results on Oct 20, 2023 Shenzhen Envicool Technology Co., Ltd. announced that they will report Q3, 2023 results on Oct 20, 2023 Reported Earnings • Aug 22
Second quarter 2023 earnings released: EPS: CN¥0.11 (vs CN¥0.066 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.11 (up from CN¥0.066 in 2Q 2022). Revenue: CN¥711.4m (up 51% from 2Q 2022). Net income: CN¥66.8m (up 69% from 2Q 2022). Profit margin: 9.4% (up from 8.4% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 30% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Machinery industry in China. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has increased by 23% per year, which means it is tracking significantly ahead of earnings growth. Annuncio • Jul 01
Shenzhen Envicool Technology Co., Ltd. to Report First Half, 2023 Results on Aug 22, 2023 Shenzhen Envicool Technology Co., Ltd. announced that they will report first half, 2023 results on Aug 22, 2023 Valuation Update With 7 Day Price Move • Jun 07
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to CN¥31.75, the stock trades at a forward P/E ratio of 41x. Average forward P/E is 18x in the Machinery industry in China. Total returns to shareholders of 79% over the past year. Reported Earnings • Apr 12
Full year 2022 earnings released: EPS: CN¥0.64 (vs CN¥0.48 in FY 2021) Full year 2022 results: EPS: CN¥0.64 (up from CN¥0.48 in FY 2021). Revenue: CN¥2.92b (up 31% from FY 2021). Net income: CN¥280.3m (up 37% from FY 2021). Profit margin: 9.6% (in line with FY 2021). Revenue is forecast to grow 24% p.a. on average during the next 3 years, compared to a 21% growth forecast for the Machinery industry in China. Board Change • Oct 31
High number of new directors CFO & Non-Independent Director Guiliang Ye was the last director to join the board, commencing their role in 2022. Reported Earnings • Oct 27
Third quarter 2022 earnings released: EPS: CN¥0.15 (vs CN¥0.11 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.15 (up from CN¥0.11 in 3Q 2021). Revenue: CN¥612.4m (up 17% from 3Q 2021). Net income: CN¥64.5m (up 45% from 3Q 2021). Profit margin: 11% (up from 8.5% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 29% p.a. on average during the next 3 years, compared to a 23% growth forecast for the Machinery industry in China. Reported Earnings • Aug 09
Second quarter 2022 earnings released: EPS: CN¥0.086 (vs CN¥0.17 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.086 (down from CN¥0.17 in 2Q 2021). Revenue: CN¥472.5m (down 26% from 2Q 2021). Net income: CN¥39.7m (down 48% from 2Q 2021). Profit margin: 8.4% (down from 12% in 2Q 2021). The decrease in margin was driven by lower revenue. Over the next year, revenue is forecast to grow 53%, compared to a 35% growth forecast for the industry in China. Valuation Update With 7 Day Price Move • Jul 19
Investor sentiment improved over the past week After last week's 26% share price gain to CN¥29.90, the stock trades at a forward P/E ratio of 46x. Average forward P/E is 20x in the Machinery industry in China. Total returns to shareholders of 105% over the past year. Valuation Update With 7 Day Price Move • Jun 29
Investor sentiment improved over the past week After last week's 16% share price gain to CN¥26.42, the stock trades at a forward P/E ratio of 41x. Average forward P/E is 21x in the Machinery industry in China. Total returns to shareholders of 91% over the past year. Valuation Update With 7 Day Price Move • Jun 03
Investor sentiment improved over the past week After last week's 16% share price gain to CN¥23.89, the stock trades at a forward P/E ratio of 37x. Average forward P/E is 18x in the Machinery industry in China. Total returns to shareholders of 70% over the past year. Reported Earnings • Apr 27
First quarter 2022 earnings released: EPS: CN¥0.04 (vs CN¥0.10 in 1Q 2021) First quarter 2022 results: EPS: CN¥0.04 (down from CN¥0.10 in 1Q 2021). Revenue: CN¥400.2m (up 17% from 1Q 2021). Net income: CN¥12.7m (down 59% from 1Q 2021). Profit margin: 3.2% (down from 9.1% in 1Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 33%, compared to a 30% growth forecast for the industry in China. Board Change • Apr 27
High number of new directors There are 6 new directors who have joined the board in the last 3 years. Non Independent Director Li Chuan Wei was the last director to join the board, commencing their role in 2019. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • Mar 21
Investor sentiment improved over the past week After last week's 16% share price gain to CN¥36.70, the stock trades at a forward P/E ratio of 40x. Average forward P/E is 21x in the Machinery industry in China. Total returns to shareholders of 111% over the past year. Valuation Update With 7 Day Price Move • Feb 19
Investor sentiment improved over the past week After last week's 18% share price gain to CN¥35.58, the stock trades at a forward P/E ratio of 39x. Average forward P/E is 22x in the Machinery industry in China. Total returns to shareholders of 79% over the past year. Valuation Update With 7 Day Price Move • Feb 19
Investor sentiment improved over the past week After last week's 18% share price gain to CN¥35.58, the stock trades at a forward P/E ratio of 39x. Average forward P/E is 22x in the Machinery industry in China. Total returns to shareholders of 79% over the past year. Valuation Update With 7 Day Price Move • Nov 02
Investor sentiment improved over the past week After last week's 18% share price gain to CN¥48.51, the stock trades at a forward P/E ratio of 52x. Average forward P/E is 21x in the Machinery industry in China. Total returns to shareholders of 149% over the past year. Reported Earnings • Oct 26
Third quarter 2021 earnings released: EPS CN¥0.14 (vs CN¥0.14 in 3Q 2020) The company reported a mediocre third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: CN¥522.4m (up 33% from 3Q 2020). Net income: CN¥44.5m (down 4.1% from 3Q 2020). Profit margin: 8.5% (down from 12% in 3Q 2020). The decrease in margin was driven by higher expenses. Valuation Update With 7 Day Price Move • Oct 18
Investor sentiment improved over the past week After last week's 19% share price gain to CN¥34.76, the stock trades at a forward P/E ratio of 41x. Average forward P/E is 21x in the Machinery industry in China. Total returns to shareholders of 57% over the past year. Valuation Update With 7 Day Price Move • Sep 30
Investor sentiment deteriorated over the past week After last week's 18% share price decline to CN¥28.28, the stock trades at a forward P/E ratio of 33x. Average forward P/E is 21x in the Machinery industry in China. Total returns to shareholders of 34% over the past year. Reported Earnings • Aug 05
Second quarter 2021 earnings released: EPS CN¥0.23 (vs CN¥0.23 in 2Q 2020) The company reported a solid second quarter result with improved earnings and revenues, although profit margins were weaker. Second quarter 2021 results: Revenue: CN¥639.5m (up 41% from 2Q 2020). Net income: CN¥75.8m (up 16% from 2Q 2020). Profit margin: 12% (down from 14% in 2Q 2020). The decrease in margin was driven by higher expenses. Valuation Update With 7 Day Price Move • Jul 31
Investor sentiment improved over the past week After last week's 19% share price gain to CN¥23.01, the stock trades at a forward P/E ratio of 29x. Average forward P/E is 21x in the Machinery industry in China. Total loss to shareholders of 13% over the past year. Reported Earnings • Apr 16
Full year 2020 earnings released: EPS CN¥0.56 (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¥1.71b (up 28% from FY 2019). Net income: CN¥181.4m (up 13% from FY 2019). Profit margin: 11% (down from 12% in FY 2019). The decrease in margin was driven by higher expenses. Valuation Update With 7 Day Price Move • Jan 05
Investor sentiment improved over the past week After last week's 15% share price gain to CN¥20.14, the stock is trading at a trailing P/E ratio of 35.5x, up from the previous P/E ratio of 30.9x. This compares to an average P/E of 37x in the Machinery industry in China. Is New 90 Day High Low • Dec 14
New 90-day low: CN¥18.99 The company is down 16% from its price of CN¥22.61 on 16 September 2020. The Chinese market is up 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Machinery industry, which is up 3.0% over the same period. Is New 90 Day High Low • Oct 28
New 90-day low: CN¥20.10 The company is down 24% from its price of CN¥26.50 on 30 July 2020. The Chinese market is down 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Machinery industry, which is up 3.0% 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¥180.7m, up 45% from the prior year. Total revenue was CN¥1.55b over the last 12 months, up 27% from the prior year.