Reported Earnings • Apr 25
First quarter 2026 earnings released: CN¥0.13 loss per share (vs CN¥0.05 loss in 1Q 2025) First quarter 2026 results: CN¥0.13 loss per share (further deteriorated from CN¥0.05 loss in 1Q 2025). Revenue: CN¥148.4m (up 40% from 1Q 2025). Net loss: CN¥13.0m (loss widened 169% from 1Q 2025). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 112 percentage points per year, which is a significant difference in performance. Annuncio • Apr 25
Wuxi Acryl Technology Co., Ltd., Annual General Meeting, May 19, 2026 Wuxi Acryl Technology Co., Ltd., Annual General Meeting, May 19, 2026, at 13:00 China Standard Time. Location: 2F, No. 29, Minxiang Road, Donggang Town, New Material Industrial Park, Xishan District, Wuxi, Jiangsu China Annuncio • Mar 30
Wuxi Acryl Technology Co., Ltd. to Report Q1, 2026 Results on Apr 25, 2026 Wuxi Acryl Technology Co., Ltd. announced that they will report Q1, 2026 results on Apr 25, 2026 New Risk • Feb 02
New major risk - Revenue and earnings growth Earnings have declined by 41% 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. Annuncio • Dec 26
Wuxi Acryl Technology Co., Ltd. to Report Fiscal Year 2025 Results on Apr 25, 2026 Wuxi Acryl Technology Co., Ltd. announced that they will report fiscal year 2025 results on Apr 25, 2026 Reported Earnings • Oct 25
Third quarter 2025 earnings released: CN¥0.099 loss per share (vs CN¥0.16 loss in 3Q 2024) Third quarter 2025 results: CN¥0.099 loss per share. Revenue: CN¥123.4m (flat on 3Q 2024). Net loss: CN¥11.1m (loss widened 26% from 3Q 2024). Revenue is forecast to grow 41% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Chemicals industry in China. Annuncio • Sep 30
Wuxi Acryl Technology Co., Ltd. to Report Q3, 2025 Results on Oct 25, 2025 Wuxi Acryl Technology Co., Ltd. announced that they will report Q3, 2025 results on Oct 25, 2025 New Risk • Aug 26
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. This is currently the only risk that has been identified for the company. Annuncio • Jun 30
Wuxi Acryl Technology Co., Ltd. to Report First Half, 2025 Results on Aug 28, 2025 Wuxi Acryl Technology Co., Ltd. announced that they will report first half, 2025 results on Aug 28, 2025 Declared Dividend • May 31
Dividend reduced to CN¥0.10 Dividend of CN¥0.10 is 50% lower than last year. Ex-date: 4th June 2025 Payment date: 4th June 2025 Dividend yield will be 0.3%, which is lower than the industry average of 2.6%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months and having no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has decreased over the past 76 years, indicating a lack of growth and stability in payments. New Risk • May 18
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. This is currently the only risk that has been identified for the company. Annuncio • Apr 30
Wuxi Acryl Technology Co., Ltd., Annual General Meeting, May 20, 2025 Wuxi Acryl Technology Co., Ltd., Annual General Meeting, May 20, 2025, at 13:00 China Standard Time. Location: 2F, No. 29, Minxiang Road, Donggang Town, New Material Industrial Park, Xishan District, Wuxi, Jiangsu China New Risk • Apr 16
New major risk - Dividend sustainability The dividend is not well covered by earnings and cash flows. The company is paying a dividend despite being loss-making. The company is paying a dividend despite having no free cash flows. Dividend yield: 0.6% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. This is currently the only risk that has been identified for the company. Annuncio • Mar 28
Wuxi Acryl Technology Co., Ltd. to Report Q1, 2025 Results on Apr 30, 2025 Wuxi Acryl Technology Co., Ltd. announced that they will report Q1, 2025 results on Apr 30, 2025 Annuncio • Dec 27
Wuxi Acryl Technology Co., Ltd. to Report Fiscal Year 2024 Results on Apr 30, 2025 Wuxi Acryl Technology Co., Ltd. announced that they will report fiscal year 2024 results on Apr 30, 2025 Reported Earnings • Oct 31
Third quarter 2024 earnings released: CN¥0.16 loss per share (vs CN¥0.06 profit in 3Q 2023) Third quarter 2024 results: CN¥0.16 loss per share (down from CN¥0.06 profit in 3Q 2023). Revenue: CN¥122.4m (down 8.8% from 3Q 2023). Net loss: CN¥8.77m (down 268% from profit in 3Q 2023). Revenue is forecast to grow 31% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Chemicals industry in China. Over the last 3 years on average, earnings per share has fallen by 62% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings. New Risk • Oct 28
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 8.8% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (24% accrual ratio). Minor Risks Profit margins are more than 30% lower than last year (1.9% net profit margin). Shareholders have been diluted in the past year (8.8% increase in shares outstanding). New Risk • Oct 09
New major risk - Dividend sustainability The dividend is not well covered by earnings and cash flows. Payout ratio: 192% The company is paying a dividend despite having no free cash flows. Dividend yield: 0.5% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 192% Paying a dividend despite having no free cash flows. High level of non-cash earnings (24% accrual ratio). Minor Risk Profit margins are more than 30% lower than last year (1.9% net profit margin). Annuncio • Sep 30
Wuxi Acryl Technology Co., Ltd. to Report Q3, 2024 Results on Oct 31, 2024 Wuxi Acryl Technology Co., Ltd. announced that they will report Q3, 2024 results on Oct 31, 2024 Reported Earnings • Aug 31
Second quarter 2024 earnings released: EPS: CN¥0.01 (vs CN¥0.11 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.01 (down from CN¥0.11 in 2Q 2023). Revenue: CN¥139.0m (up 2.4% from 2Q 2023). Net income: CN¥791.9k (down 92% from 2Q 2023). Profit margin: 0.6% (down from 7.3% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 28% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Chemicals industry in China. Over the last 3 years on average, earnings per share has fallen by 43% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings. Annuncio • Jun 28
Wuxi Acryl Technology Co., Ltd. to Report First Half, 2024 Results on Aug 31, 2024 Wuxi Acryl Technology Co., Ltd. announced that they will report first half, 2024 results on Aug 31, 2024 New Risk • May 13
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 29% 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 Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (3.8% net profit margin). Annuncio • Apr 29
Wuxi Acryl Technology Co., Ltd., Annual General Meeting, May 17, 2024 Wuxi Acryl Technology Co., Ltd., Annual General Meeting, May 17, 2024, at 13:00 China Standard Time. Location: 2F, No. 29, Minxiang Road, Donggang Town, Xishan District, Wuxi, Jiangsu China Reported Earnings • Apr 27
Full year 2023 earnings: Revenues and EPS in line with analyst expectations Full year 2023 results: EPS: CN¥0.27 (down from CN¥1.37 in FY 2022). Revenue: CN¥536.8m (down 25% from FY 2022). Net income: CN¥23.9m (down 80% from FY 2022). Profit margin: 4.5% (down from 17% in FY 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 16% p.a. on average during the next 2 years, compared to a 16% growth forecast for the Chemicals industry in China. Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings. Annuncio • Mar 30
Wuxi Acryl Technology Co., Ltd. to Report Q1, 2024 Results on Apr 27, 2024 Wuxi Acryl Technology Co., Ltd. announced that they will report Q1, 2024 results on Apr 27, 2024 Valuation Update With 7 Day Price Move • Feb 05
Investor sentiment deteriorates as stock falls 22% After last week's 22% share price decline to CN¥30.80, the stock trades at a trailing P/E ratio of 72.7x. Average trailing P/E is 26x in the Chemicals industry in China. Total returns to shareholders of 8.9% over the past three years. New Risk • Jan 17
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 6.0% 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 Dividend is not well covered by cash flows (204% cash payout ratio). Share price has been volatile over the past 3 months (6.0% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (6.8% net profit margin). Annuncio • Dec 29
Wuxi Acryl Technology Co., Ltd. to Report Fiscal Year 2023 Results on Apr 27, 2024 Wuxi Acryl Technology Co., Ltd. announced that they will report fiscal year 2023 results on Apr 27, 2024 New Risk • Nov 03
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: 6.8% Last year net profit margin: 17% 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 Dividend is not well covered by cash flows (204% cash payout ratio). Profit margins are more than 30% lower than last year (6.8% net profit margin). Reported Earnings • Aug 31
Second quarter 2023 earnings released: EPS: CN¥0.11 (vs CN¥0.36 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.11 (down from CN¥0.36 in 2Q 2022). Revenue: CN¥135.8m (down 18% from 2Q 2022). Net income: CN¥9.91m (down 68% from 2Q 2022). Profit margin: 7.3% (down from 19% in 2Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 30% p.a. on average during the next 3 years, compared to a 19% growth forecast for the Chemicals industry in China. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. Reported Earnings • Apr 01
Full year 2022 earnings released: EPS: CN¥1.37 (vs CN¥1.15 in FY 2021) Full year 2022 results: EPS: CN¥1.37 (up from CN¥1.15 in FY 2021). Revenue: CN¥713.1m (down 19% from FY 2021). Net income: CN¥120.2m (up 20% from FY 2021). Profit margin: 17% (up from 11% in FY 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has only increased by 21% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Mar 23
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to CN¥52.20, the stock trades at a trailing P/E ratio of 33.7x. Average trailing P/E is 29x in the Chemicals industry in China. Total returns to shareholders of 97% over the past three years. Reported Earnings • Oct 29
Third quarter 2022 earnings released: EPS: CN¥0.33 (vs CN¥0.20 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.33 (up from CN¥0.20 in 3Q 2021). Revenue: CN¥168.0m (down 25% from 3Q 2021). Net income: CN¥29.6m (up 68% from 3Q 2021). Profit margin: 18% (up from 7.9% in 3Q 2021). The increase in margin was driven by lower expenses. Revenue is forecast to stay flat during the next 3 years compared to a 18% growth forecast for the Chemicals industry in China. Over the last 3 years on average, earnings per share has increased by 49% per year but the company’s share price has only increased by 25% per year, which means it is significantly lagging earnings growth. Reported Earnings • Aug 20
Second quarter 2022 earnings released: EPS: CN¥0.36 (vs CN¥0.34 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.36 (up from CN¥0.34 in 2Q 2021). Revenue: CN¥165.2m (down 27% from 2Q 2021). Net income: CN¥31.2m (up 5.1% from 2Q 2021). Profit margin: 19% (up from 13% in 2Q 2021). The increase in margin was driven by lower expenses. Over the next year, revenue is forecast to grow 4.8%, compared to a 41% growth forecast for the Chemicals 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 27% per year, which means it is significantly lagging earnings growth. Reported Earnings • Apr 01
Full year 2021 earnings released: EPS: CN¥1.15 (vs CN¥0.59 in FY 2020) Full year 2021 results: EPS: CN¥1.15 (up from CN¥0.59 in FY 2020). Revenue: CN¥880.2m (up 64% from FY 2020). Net income: CN¥100.4m (up 94% from FY 2020). Profit margin: 11% (up from 9.6% in FY 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Nov 23
Investor sentiment improved over the past week After last week's 17% share price gain to CN¥56.80, the stock trades at a trailing P/E ratio of 55.2x. Average trailing P/E is 34x in the Chemicals industry in China. Total returns to shareholders of 143% over the past three years. Reported Earnings • Oct 31
Third quarter 2021 earnings released: EPS CN¥0.20 (vs CN¥0.05 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: CN¥223.6m (up 85% from 3Q 2020). Net income: CN¥17.6m (up 268% from 3Q 2020). Profit margin: 7.9% (up from 4.0% in 3Q 2020). The increase in margin was driven by higher revenue. 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 21% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Aug 24
Investor sentiment improved over the past week After last week's 23% share price gain to CN¥52.06, the stock trades at a trailing P/E ratio of 59.3x. Average trailing P/E is 32x in the Chemicals industry in China. Total returns to shareholders of 58% over the past three years. Reported Earnings • Aug 09
Second quarter 2021 earnings released: EPS CN¥0.34 (vs CN¥0.17 in 2Q 2020) The company reported a solid second quarter result with improved earnings and revenues, although profit margins were flat. Second quarter 2021 results: Revenue: CN¥226.5m (up 92% from 2Q 2020). Net income: CN¥29.7m (up 107% from 2Q 2020). Profit margin: 13% (in line with 2Q 2020). Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Aug 04
Investor sentiment improved over the past week After last week's 16% share price gain to CN¥46.39, the stock trades at a trailing P/E ratio of 65.2x. Average trailing P/E is 30x in the Chemicals industry in China. Total returns to shareholders of 26% over the past three years. Valuation Update With 7 Day Price Move • Jun 24
Investor sentiment improved over the past week After last week's 22% share price gain to CN¥48.98, the stock trades at a trailing P/E ratio of 68.8x. Average trailing P/E is 29x in the Chemicals industry in China. Total returns to shareholders of 8.1% over the past three years. Annuncio • Jun 02
Wuxi Acryl Technology Co., Ltd. announced that it expects to receive CNY 448.8872 million in funding Wuxi Acryl Technology Co., Ltd. (SHSE:603722) announced a private placement of not more than 26,381,250 A shares for gross proceeds of not more than CNY 448,887,200 on May 31, 2021. The transaction will include participation from not more than 35 investors. The issuance price will be not lower than 80% of the average price of the company’s shares as of 20 trading days before issuance date. The shares to be issued will have a hold period of 6 month from date of issuance. The transaction has been approved by the 17th meetings of the 3rd directorate of the board of directors and 3rd supervisory committee of board of supervisors of the company. The transaction is subject to approval of shareholders of the company and the China Securities Regulatory Commission. Valuation Update With 7 Day Price Move • May 29
Investor sentiment improved over the past week After last week's 16% share price gain to CN¥38.90, the stock trades at a trailing P/E ratio of 54.7x. Average trailing P/E is 29x in the Chemicals industry in China. Total loss to shareholders of 2.7% over the past three years. Reported Earnings • Apr 25
First quarter 2021 earnings released: EPS CN¥0.24 (vs CN¥0.12 in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: CN¥189.7m (up 76% from 1Q 2020). Net income: CN¥21.2m (up 97% from 1Q 2020). Profit margin: 11% (up from 10.0% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 3% per year whereas the company’s share price has fallen by 2% per year. Reported Earnings • Apr 01
Full year 2020 earnings released: EPS CN¥0.59 (vs CN¥0.45 in FY 2019) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: CN¥538.0m (up 6.5% from FY 2019). Net income: CN¥51.8m (up 32% from FY 2019). Profit margin: 9.6% (up from 7.8% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 10% per year whereas the company’s share price has fallen by 15% per year. Valuation Update With 7 Day Price Move • Jan 20
Investor sentiment improved over the past week After last week's 20% share price gain to CN¥29.94, the stock is trading at a trailing P/E ratio of 66.6x, up from the previous P/E ratio of 55.6x. This compares to an average P/E of 37x in the Chemicals industry in China. Total return to shareholders over the past three years is a loss of 22%. Is New 90 Day High Low • Jan 07
New 90-day low: CN¥26.73 The company is down 23% from its price of CN¥34.57 on 09 October 2020. The Chinese market is up 11% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 18% over the same period. Is New 90 Day High Low • Dec 16
New 90-day low: CN¥29.47 The company is down 15% from its price of CN¥34.79 on 17 September 2020. The Chinese market is up 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 6.0% 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¥38.4m, up 19% from the prior year. Total revenue was CN¥467.4m over the last 12 months, down 7.5% from the prior year. Is New 90 Day High Low • Oct 23
New 90-day low: CN¥32.40 The company is down 21% from its price of CN¥40.97 on 24 July 2020. The Chinese market is up 4.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 9.0% over the same period. Annuncio • Jul 09
Wuxi Acryl Technology Co., Ltd. to Report First Half, 2020 Results on Aug 22, 2020 Wuxi Acryl Technology Co., Ltd. announced that they will report first half, 2020 results on Aug 22, 2020