Annuncio • 6h
Lu Thai Textile Co., Ltd. Announces Profit Distribution Plan to Be Implemented on A Shares for the Year 2025, Payable on 18 June 2026 Lu Thai Textile Co., Ltd. announced profit distribution plan to be implemented on A shares for the Year 2025 as Cash dividend/10 shares (tax included): CNY1.50000000. Record date is Record date: 17 June 2026. Ex-date is: 18 June 2026. Payment date is 18 June 2026. Reported Earnings • Apr 17
Full year 2025 earnings: EPS exceeds analyst expectations while revenues lag behind Full year 2025 results: EPS: CN¥0.73 (up from CN¥0.50 in FY 2024). Revenue: CN¥5.90b (down 3.1% from FY 2024). Net income: CN¥593.6m (up 45% from FY 2024). Profit margin: 10% (up from 6.7% in FY 2024). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 8.7%. Earnings per share (EPS) exceeded analyst estimates by 7.4%. Revenue is forecast to grow 12% p.a. on average during the next 2 years, compared to a 9.8% growth forecast for the Luxury industry in China. Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings. Buy Or Sell Opportunity • Apr 17
Now 23% undervalued after recent price drop Over the last 90 days, the stock has fallen 7.0% to CN¥6.69. The fair value is estimated to be CN¥8.68, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 3.8% over the last 3 years. Earnings per share has declined by 15%. Revenue is forecast to grow by 25% in 2 years. Earnings are forecast to grow by 16% in the next 2 years. Annuncio • Apr 17
Lu Thai Textile Co., Ltd., Annual General Meeting, May 08, 2026 Lu Thai Textile Co., Ltd., Annual General Meeting, May 08, 2026, at 14:00 China Standard Time. Location: The Company's Meeting Room, Zibo, Shandong China Annuncio • Mar 31
Lu Thai Textile Co., Ltd. to Report Q1, 2026 Results on Apr 30, 2026 Lu Thai Textile Co., Ltd. announced that they will report Q1, 2026 results on Apr 30, 2026 Annuncio • Dec 31
Lu Thai Textile Co., Ltd. to Report Fiscal Year 2025 Results on Apr 17, 2026 Lu Thai Textile Co., Ltd. announced that they will report fiscal year 2025 results on Apr 17, 2026 Annuncio • Sep 30
Lu Thai Textile Co., Ltd. to Report Q3, 2025 Results on Oct 31, 2025 Lu Thai Textile Co., Ltd. announced that they will report Q3, 2025 results on Oct 31, 2025 Reported Earnings • Aug 31
Second quarter 2025 earnings released: EPS: CN¥0.26 (vs CN¥0.13 in 2Q 2024) Second quarter 2025 results: EPS: CN¥0.26 (up from CN¥0.13 in 2Q 2024). Revenue: CN¥1.37b (down 5.1% from 2Q 2024). Net income: CN¥211.8m (up 109% from 2Q 2024). Profit margin: 15% (up from 7.0% in 2Q 2024). The increase in margin was driven by lower expenses. Revenue is forecast to grow 7.9% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Luxury 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 4% per year, which means it has not declined as severely as earnings. Annuncio • Jul 02
Lu Thai Textile Co., Ltd. to Report First Half, 2025 Results on Aug 29, 2025 Lu Thai Textile Co., Ltd. announced that they will report first half, 2025 results on Aug 29, 2025 Declared Dividend • Jun 15
Dividend of CN¥0.10 announced Shareholders will receive a dividend of CN¥0.10. Ex-date: 20th June 2025 Payment date: 20th June 2025 Dividend yield will be 3.9%, which is higher than the industry average of 3.3%. Sustainability & Growth Dividend is well covered by both earnings (41% earnings payout ratio) and cash flows (19% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 25% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Annuncio • Jun 11
Lu Thai Textile Co., Ltd. Announces Executive Changes Lu Thai Textile Co., Ltd. at its EGM held on June 9, 2025, approved election of independent directors. Yu Mingtao, independent director; Zhu Beina, independent director; Quan Yuhua, independent director; Wei Jian, independent director. Annuncio • May 10
Lu Thai Textile Co., Ltd. Approves Cash Dividend for 2024 Lu Thai Textile Co., Ltd. at its Annual General Meeting held on 07 May 2025 approved the cash dividend of CNY 1.00000000 per 10 shares (tax included) for 2024. Annuncio • Apr 13
Lu Thai Textile Co., Ltd. Proposes Final Cash Dividend on B Shares for 2024 Lu Thai Textile Co., Ltd. announced on 10 April 2025 the profit distribution proposal for 2024 on B shares as Cash dividend/10 shares (tax included): CNY 1.00000000. Annuncio • Apr 11
Lu Thai Textile Co., Ltd. Proposes Final Cash Dividend for 2024 Lu Thai Textile Co., Ltd. announced on 10 April 2025 the profit distribution proposal for 2024 as Cash dividend/10 shares (tax included): CNY 1.00000000. New Risk • Apr 10
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 35% 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 Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Reported Earnings • Apr 10
Full year 2024 earnings: EPS and revenues miss analyst expectations Full year 2024 results: EPS: CN¥0.50 (up from CN¥0.47 in FY 2023). Revenue: CN¥6.09b (up 2.2% from FY 2023). Net income: CN¥410.3m (up 1.7% from FY 2023). Profit margin: 6.7% (down from 6.8% in FY 2023). Revenue missed analyst estimates by 2.6%. Earnings per share (EPS) also missed analyst estimates by 3.1%. Revenue is forecast to grow 8.7% p.a. on average during the next 2 years, compared to a 12% growth forecast for the Luxury 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 only fallen by 4% per year, which means it has not declined as severely as earnings. Annuncio • Apr 10
Lu Thai Textile Co., Ltd., Annual General Meeting, May 07, 2025 Lu Thai Textile Co., Ltd., Annual General Meeting, May 07, 2025, at 14:00 China Standard Time. Location: The Company's Meeting Room, Zibo, Shandong China Annuncio • Mar 31
Lu Thai Textile Co., Ltd. to Report Q1, 2025 Results on Apr 30, 2025 Lu Thai Textile Co., Ltd. announced that they will report Q1, 2025 results on Apr 30, 2025 Annuncio • Dec 31
Lu Thai Textile Co., Ltd. to Report Fiscal Year 2024 Results on Apr 10, 2025 Lu Thai Textile Co., Ltd. announced that they will report fiscal year 2024 results on Apr 10, 2025 Price Target Changed • Nov 30
Price target decreased by 8.8% to CN¥6.58 Down from CN¥7.21, the current price target is an average from 2 analysts. New target price is approximately in line with last closing price of CN¥6.78. Stock is up 0.6% over the past year. The company is forecast to post earnings per share of CN¥0.48 for next year compared to CN¥0.47 last year. Reported Earnings • Oct 31
Third quarter 2024 earnings released: EPS: CN¥0.14 (vs CN¥0.13 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.14 (up from CN¥0.13 in 3Q 2023). Revenue: CN¥1.57b (up 4.5% from 3Q 2023). Net income: CN¥118.3m (up 4.3% from 3Q 2023). Profit margin: 7.5% (in line with 3Q 2023). Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Luxury industry in China. Over the last 3 years on average, earnings per share has fallen by 1% per year whereas the company’s share price has increased by 1% per year. Buy Or Sell Opportunity • Oct 28
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 19% to CN¥6.51. The fair value is estimated to be CN¥5.39, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 6.0% over the last 3 years. Earnings per share has grown by 15%. Revenue is forecast to grow by 22% in 2 years. Earnings are forecast to grow by 79% in the next 2 years. Annuncio • Sep 30
Lu Thai Textile Co., Ltd. to Report Q3, 2024 Results on Oct 31, 2024 Lu Thai Textile Co., Ltd. announced that they will report Q3, 2024 results on Oct 31, 2024 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¥6.54, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 12x in the Luxury industry in China. Total returns to shareholders of 16% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥5.33 per share. Buy Or Sell Opportunity • Sep 30
Now 23% overvalued The stock has been flat over the last 90 days, currently trading at CN¥6.54. The fair value is estimated to be CN¥5.33, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 6.0% over the last 3 years. Earnings per share has grown by 15%. Revenue is forecast to grow by 22% in 2 years. Earnings are forecast to grow by 79% in the next 2 years. Major Estimate Revision • Sep 05
Consensus EPS estimates fall by 14% The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from CN¥6.77b to CN¥6.42b. EPS estimate also fell from CN¥0.748 per share to CN¥0.643 per share. Net income forecast to grow 63% next year vs 26% growth forecast for Luxury industry in China. Consensus price target of CN¥6.83 unchanged from last update. Share price rose 2.5% to CN¥5.43 over the past week. New Risk • Sep 02
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: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (5.9% net profit margin). Annuncio • Aug 31
Lu Thai Textile Co., Ltd. Announces Interim Dividend Distribution Proposal for the First Half of 2024 Lu Thai Textile Co., Ltd. announced the profit distribution proposal (interim dividend) (tax included) of CNY 1 per ten shares for the first half of 2024. Reported Earnings • Aug 30
Second quarter 2024 earnings released: EPS: CN¥0.13 (vs CN¥0.15 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.13 (down from CN¥0.15 in 2Q 2023). Revenue: CN¥1.45b (down 1.0% from 2Q 2023). Net income: CN¥101.3m (down 20% from 2Q 2023). Profit margin: 7.0% (down from 8.6% in 2Q 2023). Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Luxury industry in China. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Buy Or Sell Opportunity • Jul 04
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 3.6% to CN¥6.19. The fair value is estimated to be CN¥7.86, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.6% over the last 3 years. Earnings per share has grown by 33%. Revenue is forecast to grow by 26% in 2 years. Earnings are forecast to grow by 94% in the next 2 years. Annuncio • Jun 29
Lu Thai Textile Co., Ltd. to Report First Half, 2024 Results on Aug 30, 2024 Lu Thai Textile Co., Ltd. announced that they will report first half, 2024 results on Aug 30, 2024 Declared Dividend • Jun 14
Dividend increased to CN¥0.13 Dividend of CN¥0.13 is 30% higher than last year. Ex-date: 19th June 2024 Payment date: 19th June 2024 Dividend yield will be 1.8%, which is lower than the industry average of 3.3%. Sustainability & Growth Dividend is covered by both earnings (30% earnings payout ratio) and cash flows (53% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 91% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Valuation Update With 7 Day Price Move • Jun 04
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to CN¥7.39, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 14x in the Luxury industry in China. Total returns to shareholders of 21% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥8.04 per share. Buy Or Sell Opportunity • May 23
Now 21% undervalued The stock has been flat over the last 90 days, currently trading at CN¥6.28. The fair value is estimated to be CN¥7.93, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.6% over the last 3 years. Earnings per share has grown by 33%. Revenue is forecast to grow by 26% in 2 years. Earnings are forecast to grow by 93% in the next 2 years. Price Target Changed • May 06
Price target decreased by 7.4% to CN¥7.21 Down from CN¥7.79, the current price target is an average from 3 analysts. New target price is 13% above last closing price of CN¥6.39. Stock is down 8.6% over the past year. The company is forecast to post earnings per share of CN¥0.77 for next year compared to CN¥0.47 last year. Reported Earnings • Apr 27
First quarter 2024 earnings released: EPS: CN¥0.08 (vs CN¥0.11 in 1Q 2023) First quarter 2024 results: EPS: CN¥0.08 (down from CN¥0.11 in 1Q 2023). Revenue: CN¥1.38b (flat on 1Q 2023). Net income: CN¥68.2m (down 29% from 1Q 2023). Profit margin: 4.9% (down from 6.9% in 1Q 2023). Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Luxury industry in China. Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. Reported Earnings • Apr 12
Full year 2023 earnings: EPS and revenues miss analyst expectations Full year 2023 results: EPS: CN¥0.47 (down from CN¥1.10 in FY 2022). Revenue: CN¥5.96b (down 14% from FY 2022). Net income: CN¥403.4m (down 58% from FY 2022). Profit margin: 6.8% (down from 14% in FY 2022). Revenue missed analyst estimates by 4.9%. Earnings per share (EPS) also missed analyst estimates by 33%. Revenue is forecast to grow 12% p.a. on average during the next 2 years, compared to a 15% growth forecast for the Luxury industry in China. Over the last 3 years on average, earnings per share has increased by 50% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. Annuncio • Mar 30
Lu Thai Textile Co., Ltd. to Report Q1, 2024 Results on Apr 27, 2024 Lu Thai Textile Co., Ltd. announced that they will report Q1, 2024 results on Apr 27, 2024 Buy Or Sell Opportunity • Feb 28
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 6.9% to CN¥6.21. The fair value is estimated to be CN¥7.78, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Earnings per share has grown by 52%. Revenue is forecast to grow by 23% in 2 years. Earnings are forecast to grow by 31% in the next 2 years. Buy Or Sell Opportunity • Feb 05
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 17% to CN¥5.60. The fair value is estimated to be CN¥7.06, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Earnings per share has grown by 52%. Revenue is forecast to grow by 22% in 2 years. Earnings are forecast to grow by 29% in the next 2 years. Board Change • Jan 05
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Board Secretary, Controller of Financial Management Department & Director Keming Zhang was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Annuncio • Dec 30
Lu Thai Textile Co., Ltd. to Report Fiscal Year 2023 Results on Apr 12, 2024 Lu Thai Textile Co., Ltd. announced that they will report fiscal year 2023 results on Apr 12, 2024 Annuncio • Jul 01
Lu Thai Textile Co., Ltd. to Report First Half, 2023 Results on Aug 19, 2023 Lu Thai Textile Co., Ltd. announced that they will report first half, 2023 results on Aug 19, 2023 Annuncio • Jun 21
Lu Thai Textile Co., Ltd. (SZSE:200726) announces an Equity Buyback for CNY 200 million worth of its shares. Lu Thai Textile Co., Ltd. (SZSE:200726) announces a share repurchase program. Under the program, the company will repurchase up to CNY 200 million worth of its B shares. The program will be valid for a period of 12 months. Annuncio • Jul 29
Lu Thai Textile Co., Ltd. (SZSE:200726) commences an Equity Buyback, under the authorization approved on July 15, 2022. Lu Thai Textile Co., Ltd. (SZSE:200726) commences share repurchases on July 27, 2022, under the program mandated by the shareholders in the Extraordinary General Meeting held on July 15, 2022. As per the mandate, the company is authorized to repurchase its own domestically listed foreign B shares. The shares will be purchased at a price not exceeding HKD 4.8 per share. The purpose of the program is to safeguard the interests of the majority of investors, increase the earnings per share, maintain the company's value and improve the return on investment of the company's shareholders. The repurchased shares will be cancelled to reduce the company's registered capital. The program will be funded from company's own funds. The program will be valid for 12 months from the date of the shareholder's meeting. Annuncio • Jun 30
Lu Thai Textile Co., Ltd. (SZSE:200726) announces an Equity Buyback for 30,000,000 shares, representing 3.38% for CNY 100 million. Lu Thai Textile Co., Ltd. (SZSE:200726) announces a share repurchase program. Under the program, the company will repurchase up to 30,000,000 shares, representing 3.38% of its share capital, for CNY 100 million . The repurchase will be funded by company's own funds. The purpose of the program is to reduce the company's registered capital, maintain the company's value by increasing earnings per share, and improve the company's shareholders' return on investment. The program will be valid for 12 months. As of June 22, 2022, the company had 887,941,035 shares in issue. Annuncio • Jun 11
Lu Thai Textile Co., Ltd. Announces Board Changes Lu Thai Textile Co., Ltd. approved appointment of Xu Jianlv, Zheng Huisheng as non-independent directors. The company appointed Peng Yanli and Quan Yuhua as independent directors. The company elected Zhang Shougang and Liu Zilong as supervisors. Annuncio • May 24
Lu Thai Textile Co., Ltd., Approves Cash Dividend for 2021 Lu Thai Textile Co., Ltd., approved Cash dividend/10 shares (tax included): CNY 0.70000000 for 2021, at its AGM, held on May 20, 2022. Annuncio • May 02
Lu Thai Textile Co., Ltd. Announces Final Cash Dividend Proposal on B Shares for 2021 Lu Thai Textile Co., Ltd. announced on 29 April 2022 the final cash dividend proposal for 2021. Cash dividend/10 B shares (tax included): CNY 0.70000000. Annuncio • Feb 24
Lu Thai Textile Co., Ltd. to Report Fiscal Year 2020 Results on Mar 31, 2021 Lu Thai Textile Co., Ltd. announced that they will report fiscal year 2020 results on Mar 31, 2021 Annuncio • Aug 15
Li Jingquan agreed to acquire 59.9% stake in Xinjiang Luthai Fengshou Cotton Co., Ltd from Lu Thai Textile Co., Ltd. (SZSE:200726) for approximately CNY 200 million. Li Jingquan agreed to acquire 59.9% stake in Xinjiang Luthai Fengshou Cotton Co., Ltd from Lu Thai Textile Co., Ltd. (SZSE:200726) for approximately CNY 200 million on August 13, 2020. Li Jingquan will pay by its own raised funds, and shall pay in four installments from August 31, 2020 to July 31, 2022. Li Jingquan held 11.75% stake of Xinjiang Luthai Fengshou Cotton Co., Ltd before this transaction. As of December 31, 2019, Xinjiang Luthai Fengshou Cotton Co., Ltd had total assets of CNY 935 million, net assets of CNY 48.5 million, revenues of CNY 724 million and net profit of CNY 248.8 million. The transaction has been approved by the 16th meeting of the 9th directorate of the company. Annuncio • Aug 12
Lu Thai Textile Co., Ltd. to Report First Half, 2020 Results on Aug 28, 2020 Lu Thai Textile Co., Ltd. announced that they will report first half, 2020 results on Aug 28, 2020