Reported Earnings • Apr 25
Full year 2025 earnings released: EPS: CN¥0.12 (vs CN¥0.13 loss in FY 2024) Full year 2025 results: EPS: CN¥0.12 (up from CN¥0.13 loss in FY 2024). Revenue: CN¥2.09b (down 2.7% from FY 2024). Net income: CN¥29.9m (up CN¥62.6m from FY 2024). Profit margin: 1.4% (up from net loss in FY 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 66 percentage points per year, which is a significant difference in performance. Annuncio • Apr 25
Guizhou Wire Rope Incorporated Company, Annual General Meeting, May 22, 2026 Guizhou Wire Rope Incorporated Company, Annual General Meeting, May 22, 2026, at 10:30 China Standard Time. Location: The Company's Meeting Room, Zunyi, Guizhou China Annuncio • Mar 30
Guizhou Wire Rope Incorporated Company to Report Q1, 2026 Results on Apr 30, 2026 Guizhou Wire Rope Incorporated Company announced that they will report Q1, 2026 results on Apr 30, 2026 Annuncio • Dec 26
Guizhou Wire Rope Incorporated Company to Report Fiscal Year 2025 Results on Mar 28, 2026 Guizhou Wire Rope Incorporated Company announced that they will report fiscal year 2025 results on Mar 28, 2026 Reported Earnings • Oct 31
Third quarter 2025 earnings released: CN¥0.093 loss per share (vs CN¥0.13 loss in 3Q 2024) Third quarter 2025 results: CN¥0.093 loss per share (improved from CN¥0.13 loss in 3Q 2024). Revenue: CN¥499.9m (up 5.4% from 3Q 2024). Net loss: CN¥22.9m (loss narrowed 29% from 3Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 83 percentage points per year, which is a significant difference in performance. Annuncio • Sep 30
Guizhou Wire Rope Incorporated Company to Report Q3, 2025 Results on Oct 31, 2025 Guizhou Wire Rope Incorporated Company announced that they will report Q3, 2025 results on Oct 31, 2025 Annuncio • Jun 30
Guizhou Wire Rope Incorporated Company to Report First Half, 2025 Results on Aug 30, 2025 Guizhou Wire Rope Incorporated Company announced that they will report first half, 2025 results on Aug 30, 2025 Board Change • May 16
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. 4 non-independent directors. Independent Director Rong Song was the last independent director to join the board, commencing their role in 2016. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Mar 30
Full year 2024 earnings released: CN¥0.13 loss per share (vs CN¥0.14 profit in FY 2023) Full year 2024 results: CN¥0.13 loss per share (down from CN¥0.14 profit in FY 2023). Revenue: CN¥2.15b (down 2.0% from FY 2023). Net loss: CN¥32.7m (down 196% from profit in FY 2023). Over the last 3 years on average, earnings per share has fallen by 40% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings. Annuncio • Mar 29
Guizhou Wire Rope Incorporated Company, Annual General Meeting, Apr 23, 2025 Guizhou Wire Rope Incorporated Company, Annual General Meeting, Apr 23, 2025, at 10:30 China Standard Time. Location: The Company's Meeting Room, Zunyi, Guizhou China Annuncio • Mar 28
Guizhou Wire Rope Incorporated Company to Report Q1, 2025 Results on Apr 30, 2025 Guizhou Wire Rope Incorporated Company announced that they will report Q1, 2025 results on Apr 30, 2025 Annuncio • Dec 27
Guizhou Wire Rope Incorporated Company to Report Fiscal Year 2024 Results on Mar 29, 2025 Guizhou Wire Rope Incorporated Company announced that they will report fiscal year 2024 results on Mar 29, 2025 New Risk • Nov 14
New major risk - Financial position The company's debt is not well covered by operating cash flow. Currently running at an operating cash loss. 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 (currently running at an operating cash loss). Earnings have declined by 6.0% per year over the past 5 years. New Risk • Oct 31
New major risk - Revenue and earnings growth Earnings have declined by 6.0% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. This is currently the only risk that has been identified for the company. Reported Earnings • Oct 31
Third quarter 2024 earnings released: CN¥0.13 loss per share (vs CN¥0.044 profit in 3Q 2023) Third quarter 2024 results: CN¥0.13 loss per share (down from CN¥0.044 profit in 3Q 2023). Revenue: CN¥474.1m (down 14% from 3Q 2023). Net loss: CN¥32.3m (down 398% from profit in 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has increased by 30% per year, which means it is well ahead of earnings. Annuncio • Sep 30
Guizhou Wire Rope Incorporated Company to Report Q3, 2024 Results on Oct 30, 2024 Guizhou Wire Rope Incorporated Company announced that they will report Q3, 2024 results on Oct 30, 2024 Reported Earnings • Aug 31
Second quarter 2024 earnings released: EPS: CN¥0.008 (vs CN¥0.017 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.008 (down from CN¥0.017 in 2Q 2023). Revenue: CN¥563.0m (up 5.1% from 2Q 2023). Net income: CN¥1.97m (down 52% from 2Q 2023). Profit margin: 0.4% (down from 0.8% in 2Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 15% per year, which means it is tracking significantly ahead of earnings growth. Annuncio • Jun 28
Guizhou Wire Rope Incorporated Company to Report First Half, 2024 Results on Aug 31, 2024 Guizhou Wire Rope Incorporated Company announced that they will report first half, 2024 results on Aug 31, 2024 New Risk • Jun 07
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 8.5% 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 • Apr 30
First quarter 2024 earnings released: EPS: CN¥0.029 (vs CN¥0.032 in 1Q 2023) First quarter 2024 results: EPS: CN¥0.029 (down from CN¥0.032 in 1Q 2023). Revenue: CN¥472.6m (up 10% from 1Q 2023). Net income: CN¥7.14m (down 9.9% from 1Q 2023). Profit margin: 1.5% (down from 1.8% in 1Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 28% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Apr 16
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to CN¥11.05, the stock trades at a trailing P/E ratio of 79.9x. Average trailing P/E is 28x in the Metals and Mining industry in China. Total returns to shareholders of 74% over the past three years. Reported Earnings • Mar 31
Full year 2023 earnings released: EPS: CN¥0.14 (vs CN¥0.094 in FY 2022) Full year 2023 results: EPS: CN¥0.14 (up from CN¥0.094 in FY 2022). Revenue: CN¥2.19b (down 8.3% from FY 2022). Net income: CN¥33.9m (up 47% from FY 2022). Profit margin: 1.5% (up from 1.0% in FY 2022). The increase in margin was driven by lower expenses. 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 29% per year, which means it is well ahead of earnings. Annuncio • Mar 30
Guizhou Wire Rope Incorporated Company, Annual General Meeting, Apr 29, 2024 Guizhou Wire Rope Incorporated Company, Annual General Meeting, Apr 29, 2024, at 10:30 China Standard Time. Location: The Company's Meeting Room, Zunyi, Guizhou China Annuncio • Mar 29
Guizhou Wire Rope Incorporated Company to Report Q1, 2024 Results on Apr 30, 2024 Guizhou Wire Rope Incorporated Company announced that they will report Q1, 2024 results on Apr 30, 2024 Valuation Update With 7 Day Price Move • Feb 05
Investor sentiment deteriorates as stock falls 21% After last week's 21% share price decline to CN¥10.69, the stock trades at a trailing P/E ratio of 75.1x. Average trailing P/E is 23x in the Metals and Mining industry in China. Total returns to shareholders of 100% over the past three years. New Risk • Jan 31
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 6.4% 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 (0.7% operating cash flow to total debt). Minor Risk Share price has been volatile over the past 3 months (6.4% average weekly change). Annuncio • Dec 30
Guizhou Wire Rope Incorporated Company to Report Fiscal Year 2023 Results on Mar 30, 2024 Guizhou Wire Rope Incorporated Company announced that they will report fiscal year 2023 results on Mar 30, 2024 New Risk • Nov 02
New major risk - Financial position The company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 0.7% 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. This is currently the only risk that has been identified for the company. Reported Earnings • Oct 29
Third quarter 2023 earnings released: EPS: CN¥0.044 (vs CN¥0.011 in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.044 (up from CN¥0.011 in 3Q 2022). Revenue: CN¥551.9m (up 3.0% from 3Q 2022). Net income: CN¥10.8m (up 310% from 3Q 2022). Profit margin: 2.0% (up from 0.5% in 3Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has increased by 31% per year, which means it is well ahead of earnings. Reported Earnings • Aug 30
Second quarter 2023 earnings released: EPS: CN¥0.017 (vs CN¥0.014 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.017 (up from CN¥0.014 in 2Q 2022). Revenue: CN¥535.7m (down 21% from 2Q 2022). Net income: CN¥4.09m (up 21% from 2Q 2022). Profit margin: 0.8% (up from 0.5% in 2Q 2022). Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has increased by 29% per year, which means it is well ahead of earnings. Annuncio • Jun 28
Guizhou Wire Rope Incorporated Company to Report First Half, 2023 Results on Aug 30, 2023 Guizhou Wire Rope Incorporated Company announced that they will report first half, 2023 results on Aug 30, 2023 Upcoming Dividend • Jun 20
Upcoming dividend of CN¥0.029 per share at 0.2% yield Eligible shareholders must have bought the stock before 27 June 2023. Payment date: 27 June 2023. Payout ratio is a comfortable 27% but the company is not cash flow positive. Trailing yield: 0.2%. Lower than top quartile of Chinese dividend payers (2.0%). Lower than average of industry peers (2.4%). Reported Earnings • Mar 29
Full year 2022 earnings released: EPS: CN¥0.094 (vs CN¥0.13 in FY 2021) Full year 2022 results: EPS: CN¥0.094 (down from CN¥0.13 in FY 2021). Revenue: CN¥2.39b (down 5.6% from FY 2021). Net income: CN¥23.1m (down 26% from FY 2021). Profit margin: 1.0% (down from 1.2% in FY 2021). Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 44% per year, which means it is well ahead of earnings. Board Change • Nov 16
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 8 experienced directors. No highly experienced directors. 2 independent directors (4 non-independent directors). Independent Director Qiao Liu was the last independent director to join the board, commencing their role in 2016. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Oct 28
Third quarter 2022 earnings released: EPS: CN¥0.011 (vs CN¥0.028 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.011 (down from CN¥0.028 in 3Q 2021). Revenue: CN¥536.0m (down 17% from 3Q 2021). Net income: CN¥2.64m (down 62% from 3Q 2021). Profit margin: 0.5% (down from 1.1% in 3Q 2021). Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has increased by 45% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Sep 02
Second quarter 2022 earnings released: EPS: CN¥0.014 (vs CN¥0.04 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.014 (down from CN¥0.04 in 2Q 2021). Revenue: CN¥681.0m (up 1.4% from 2Q 2021). Net income: CN¥3.39m (down 66% from 2Q 2021). Profit margin: 0.5% (down from 1.5% in 2Q 2021). Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has increased by 58% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Apr 30
First quarter 2022 earnings released: EPS: CN¥0.02 (vs CN¥0.018 in 1Q 2021) First quarter 2022 results: EPS: CN¥0.02 (up from CN¥0.018 in 1Q 2021). Revenue: CN¥506.5m (up 19% from 1Q 2021). Net income: CN¥5.00m (up 16% from 1Q 2021). Profit margin: 1.0% (in line with 1Q 2021). Over the last 3 years on average, earnings per share has increased by 9% per year whereas the company’s share price has increased by 4% per year. Board Change • Apr 27
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 11 experienced directors. 1 highly experienced director. 3 independent directors (6 non-independent directors). Independent Director Chuanli Yu was the last independent director to join the board, commencing their role in 2016. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Mar 11
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: EPS: CN¥0.13 (up from CN¥0.12 in FY 2020). Revenue: CN¥2.53b (up 19% from FY 2020). Net income: CN¥31.0m (up 2.8% from FY 2020). Profit margin: 1.2% (down from 1.4% in FY 2020). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has increased by 20% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Dec 23
Investor sentiment improved over the past week After last week's 17% share price gain to CN¥9.60, the stock trades at a trailing P/E ratio of 76.5x. Average trailing P/E is 30x in the Metals and Mining industry in China. Total returns to shareholders of 40% over the past three years. Reported Earnings • Oct 28
Third quarter 2021 earnings released: EPS CN¥0.028 (vs CN¥0.032 in 3Q 2020) The company reported a soft third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: CN¥646.6m (up 17% from 3Q 2020). Net income: CN¥6.88m (down 12% from 3Q 2020). Profit margin: 1.1% (down from 1.4% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 10% per year whereas the company’s share price has increased by 6% per year. Reported Earnings • Aug 29
Second quarter 2021 earnings released: EPS CN¥0.04 (vs CN¥0.074 in 2Q 2020) The company reported a soft second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2021 results: Revenue: CN¥671.7m (up 15% from 2Q 2020). Net income: CN¥9.83m (down 46% from 2Q 2020). Profit margin: 1.5% (down from 3.1% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 11% per year whereas the company’s share price has increased by 10% per year. Valuation Update With 7 Day Price Move • Jul 23
Investor sentiment improved over the past week After last week's 16% share price gain to CN¥9.18, the stock trades at a trailing P/E ratio of 56.1x. Average trailing P/E is 30x in the Metals and Mining industry in China. Total returns to shareholders of 12% over the past three years. Valuation Update With 7 Day Price Move • Jun 08
Investor sentiment improved over the past week After last week's 19% share price gain to CN¥7.81, the stock trades at a trailing P/E ratio of 47.7x. Average trailing P/E is 28x in the Metals and Mining industry in China. Total loss to shareholders of 5.9% over the past three years. Reported Earnings • May 04
First quarter 2021 earnings released: EPS CN¥0.018 (vs CN¥0.023 loss in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: CN¥424.5m (up 19% from 1Q 2020). Net income: CN¥4.30m (up CN¥9.91m from 1Q 2020). Profit margin: 1.0% (up from net loss in 1Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings. Reported Earnings • Mar 29
Full year 2020 earnings released: EPS CN¥0.12 (vs CN¥0.12 in FY 2019) The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: CN¥2.13b (down 2.7% from FY 2019). Net income: CN¥30.2m (up 3.4% from FY 2019). Profit margin: 1.4% (up from 1.3% in FY 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has fallen by 17% per year, which means it is significantly lagging earnings. Annuncio • Mar 05
Guizhou Wire Rope Incorporated Company to Report Fiscal Year 2020 Results on Mar 27, 2021 Guizhou Wire Rope Incorporated Company announced that they will report fiscal year 2020 results on Mar 27, 2021 Is New 90 Day High Low • Jan 25
New 90-day low: CN¥5.85 The company is down 14% from its price of CN¥6.81 on 27 October 2020. The Chinese market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Metals and Mining industry, which is up 21% over the same period. Valuation Update With 7 Day Price Move • Jan 11
Investor sentiment deteriorated over the past week After last week's 16% share price decline to CN¥5.98, the stock is trading at a trailing P/E ratio of 48.6x, down from the previous P/E ratio of 57.8x. This compares to an average P/E of 32x in the Metals and Mining industry in China. Total return to shareholders over the past three years is a loss of 43%. Is New 90 Day High Low • Dec 28
New 90-day low: CN¥6.38 The company is down 6.0% from its price of CN¥6.79 on 29 September 2020. The Chinese market is up 6.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Metals and Mining industry, which is up 18% over the same period. Is New 90 Day High Low • Dec 12
New 90-day low: CN¥6.51 The company is down 11% from its price of CN¥7.32 on 11 September 2020. The Chinese market is up 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Metals and Mining industry, which is up 6.0% over the same period. Is New 90 Day High Low • Oct 30
New 90-day low: CN¥6.59 The company is down 6.0% from its price of CN¥7.00 on 31 July 2020. The Chinese market is down 2.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Metals and Mining industry, which is down 7.0% 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¥30.2m, up 8.1% from the prior year. Total revenue was CN¥2.01b over the last 12 months, down 9.0% from the prior year. Annuncio • Jul 09
Guizhou Wire Rope Incorporated Company to Report First Half, 2020 Results on Aug 26, 2020 Guizhou Wire Rope Incorporated Company announced that they will report first half, 2020 results on Aug 26, 2020