New Risk • Jul 20
New minor risk - Dividend sustainability The company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 0.4% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining 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 Risk Earnings have declined by 48% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (11% average weekly change). Valuation Update With 7 Day Price Move • Jul 17
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to CN¥23.70, the stock trades at a trailing P/E ratio of 55.9x. Average trailing P/E is 43x in the Chemicals industry in China. Total loss to shareholders of 3.4% over the past three years. Declared Dividend • Jul 13
Dividend of CN¥0.10 announced Dividend of CN¥0.10 is the same as last year. Ex-date: 15th July 2026 Payment date: 15th July 2026 Dividend yield will be 0.3%, which is lower than the industry average of 2.6%. Sustainability & Growth Dividend is covered by both earnings (23% earnings payout ratio) and cash flows (71% cash payout ratio). The dividend has decreased over the past 46 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to decline by 74% to shift the payout ratio to a potentially unsustainable range, which is more than the 27% EPS decline seen over the last 5 years. Valuation Update With 7 Day Price Move • Jul 03
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to CN¥31.86, the stock trades at a trailing P/E ratio of 75.2x. Average trailing P/E is 52x in the Chemicals industry in China. Total returns to shareholders of 37% over the past three years. Annuncio • Jun 30
Hangzhou Flariant Co.,Ltd to Report First Half, 2026 Results on Aug 29, 2026 Hangzhou Flariant Co.,Ltd announced that they will report first half, 2026 results on Aug 29, 2026 New Risk • Jun 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 8.6% 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 Earnings have declined by 48% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (8.6% average weekly change). Annuncio • Apr 24
Hangzhou Flariant Co.,Ltd, Annual General Meeting, May 15, 2026 Hangzhou Flariant Co.,Ltd, Annual General Meeting, May 15, 2026, at 14:00 China Standard Time. Location: The Company's Meeting Room, Hangzhou, Zhejiang China Annuncio • Mar 30
Hangzhou Flariant Co.,Ltd to Report Q1, 2026 Results on Apr 30, 2026 Hangzhou Flariant Co.,Ltd announced that they will report Q1, 2026 results on Apr 30, 2026 Annuncio • Dec 26
Hangzhou Flariant Co.,Ltd to Report Fiscal Year 2025 Results on Apr 24, 2026 Hangzhou Flariant Co.,Ltd announced that they will report fiscal year 2025 results on Apr 24, 2026 Reported Earnings • Oct 29
Third quarter 2025 earnings released: EPS: CN¥0.07 (vs CN¥0.059 in 3Q 2024) Third quarter 2025 results: EPS: CN¥0.07 (up from CN¥0.059 in 3Q 2024). Revenue: CN¥187.5m (down 17% from 3Q 2024). Net income: CN¥9.51m (up 25% from 3Q 2024). Profit margin: 5.1% (up from 3.3% in 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 42% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings. New Risk • Oct 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 7.3% 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 Earnings have declined by 57% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (7.3% average weekly change). Large one-off items impacting financial results. Annuncio • Sep 30
Hangzhou Flariant Co.,Ltd to Report Q3, 2025 Results on Oct 29, 2025 Hangzhou Flariant Co.,Ltd announced that they will report Q3, 2025 results on Oct 29, 2025 Buy Or Sell Opportunity • Aug 29
Now 21% undervalued Over the last 90 days, the stock has risen 34% to CN¥26.28. The fair value is estimated to be CN¥33.19, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 7.0% over the last 3 years. Earnings per share has declined by 80%. Declared Dividend • Jul 16
Dividend reduced to CN¥0.10 Dividend of CN¥0.10 is 17% lower than last year. Ex-date: 18th July 2025 Payment date: 18th July 2025 Dividend yield will be 0.5%, which is lower than the industry average of 2.6%. Sustainability & Growth Dividend is covered by both earnings (63% earnings payout ratio) and cash flows (8% cash payout ratio). The dividend has decreased over the past 36 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to decline by 30% to shift the payout ratio to a potentially unsustainable range, which is less than the 46% EPS decline seen over the last 5 years. Annuncio • Jun 30
Hangzhou Flariant Co.,Ltd to Report First Half, 2025 Results on Aug 28, 2025 Hangzhou Flariant Co.,Ltd announced that they will report first half, 2025 results on Aug 28, 2025 Annuncio • Apr 28
Hangzhou Flariant Co.,Ltd, Annual General Meeting, May 21, 2025 Hangzhou Flariant Co.,Ltd, Annual General Meeting, May 21, 2025, at 14:00 China Standard Time. Location: The Company's Meeting Room, Hangzhou, Zhejiang China Annuncio • Mar 28
Hangzhou Flariant Co.,Ltd to Report Q1, 2025 Results on Apr 30, 2025 Hangzhou Flariant Co.,Ltd announced that they will report Q1, 2025 results on Apr 30, 2025 New Risk • Jan 12
New major risk - Financial data availability The company has not reported any financial data. This is considered a major risk. With no or incomplete audited reported financial data, it is virtually impossible to assess the company's investment potential. Currently, the following risks have been identified for the company: Major Risk No financial data reported. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Annuncio • Dec 27
Hangzhou Flariant Co.,Ltd to Report Fiscal Year 2024 Results on Apr 28, 2025 Hangzhou Flariant Co.,Ltd announced that they will report fiscal year 2024 results on Apr 28, 2025 Reported Earnings • Oct 30
Third quarter 2024 earnings released: EPS: CN¥0.059 (vs CN¥0.11 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.059 (down from CN¥0.11 in 3Q 2023). Revenue: CN¥226.6m (up 4.0% from 3Q 2023). Net income: CN¥7.58m (down 48% from 3Q 2023). Profit margin: 3.3% (down from 6.6% in 3Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 76 percentage points per year, which is a significant difference in performance. Annuncio • Sep 30
Hangzhou Flariant Co.,Ltd to Report Q3, 2024 Results on Oct 30, 2024 Hangzhou Flariant Co.,Ltd announced that they will report Q3, 2024 results on Oct 30, 2024 Annuncio • Aug 28
Hangzhou Flariant Co.,Ltd (SHSE:605566) announces an Equity Buyback for CNY 100 million worth of its shares. Hangzhou Flariant Co.,Ltd (SHSE:605566) announces a share repurchase program. Under the program, the company will repurchase up to CNY 100 million worth of its shares. The shares will be repurchased at a price not more than CNY 22.36 per share. The purpose of the program is to equity incentives or employee stock ownership plans. The source of funds for the share repurchase is the company’s own funds or self-raised funds. The program will be valid for a period of 12 months. Reported Earnings • Aug 27
Second quarter 2024 earnings released: EPS: CN¥0.09 (vs CN¥0.15 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.09 (down from CN¥0.15 in 2Q 2023). Revenue: CN¥289.3m (up 21% from 2Q 2023). Net income: CN¥11.8m (down 40% from 2Q 2023). Profit margin: 4.1% (down from 8.2% in 2Q 2023). Annuncio • Jun 29
Hangzhou Flariant Co.,Ltd to Report First Half, 2024 Results on Aug 27, 2024 Hangzhou Flariant Co.,Ltd announced that they will report first half, 2024 results on Aug 27, 2024 Annuncio • Apr 29
Hangzhou Flariant Co.,Ltd, Annual General Meeting, May 17, 2024 Hangzhou Flariant Co.,Ltd, Annual General Meeting, May 17, 2024, at 14:00 China Standard Time. Location: The Company's Meeting Room, Hangzhou, Zhejiang China Reported Earnings • Apr 28
Full year 2023 earnings released: EPS: CN¥0.22 (vs CN¥0.33 in FY 2022) Full year 2023 results: EPS: CN¥0.22 (down from CN¥0.33 in FY 2022). Revenue: CN¥916.4m (down 11% from FY 2022). Net income: CN¥28.8m (down 34% from FY 2022). Profit margin: 3.1% (down from 4.3% in FY 2022). Annuncio • Mar 30
Hangzhou Flariant Co.,Ltd to Report Q1, 2024 Results on Apr 27, 2024 Hangzhou Flariant Co.,Ltd announced that they will report Q1, 2024 results on Apr 27, 2024 New Risk • Jan 22
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 6.6% 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 Earnings have declined by 39% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (6.6% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (2.1% net profit margin). Annuncio • Dec 30
Hangzhou Flariant Co.,Ltd to Report Fiscal Year 2023 Results on Apr 27, 2024 Hangzhou Flariant Co.,Ltd announced that they will report fiscal year 2023 results on Apr 27, 2024 Reported Earnings • Nov 01
Third quarter 2023 earnings released: EPS: CN¥0.11 (vs CN¥0.14 in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.11 (down from CN¥0.14 in 3Q 2022). Revenue: CN¥217.8m (down 17% from 3Q 2022). Net income: CN¥14.5m (down 20% from 3Q 2022). Profit margin: 6.6% (down from 6.9% in 3Q 2022). Reported Earnings • Aug 30
Second quarter 2023 earnings released: EPS: CN¥0.15 (vs CN¥0.27 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.15 (down from CN¥0.27 in 2Q 2022). Revenue: CN¥238.9m (down 26% from 2Q 2022). Net income: CN¥19.7m (down 46% from 2Q 2022). Profit margin: 8.2% (down from 11% in 2Q 2022). Annuncio • Jun 28
Hangzhou Flariant Co., Ltd. to Report First Half, 2023 Results on Aug 30, 2023 Hangzhou Flariant Co., Ltd. announced that they will report first half, 2023 results on Aug 30, 2023 Reported Earnings • Apr 26
First quarter 2023 earnings released: EPS: CN¥0.11 (vs CN¥0.15 in 1Q 2022) First quarter 2023 results: EPS: CN¥0.11 (down from CN¥0.15 in 1Q 2022). Revenue: CN¥224.3m (down 2.0% from 1Q 2022). Net income: CN¥15.0m (down 26% from 1Q 2022). Profit margin: 6.7% (down from 8.9% in 1Q 2022). Reported Earnings • Oct 29
Third quarter 2022 earnings released: EPS: CN¥0.14 (vs CN¥0.38 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.14 (down from CN¥0.38 in 3Q 2021). Revenue: CN¥263.1m (down 7.5% from 3Q 2021). Net income: CN¥18.1m (down 53% from 3Q 2021). Profit margin: 6.9% (down from 14% in 3Q 2021). Reported Earnings • Aug 31
Second quarter 2022 earnings released: EPS: CN¥0.27 (vs CN¥0.50 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.27 (down from CN¥0.50 in 2Q 2021). Revenue: CN¥323.1m (up 17% from 2Q 2021). Net income: CN¥36.1m (down 26% from 2Q 2021). Profit margin: 11% (down from 18% in 2Q 2021). The decrease in margin was driven by higher expenses. Valuation Update With 7 Day Price Move • Aug 09
Investor sentiment improved over the past week After last week's 15% share price gain to CN¥26.35, the stock trades at a trailing P/E ratio of 24.9x. Average trailing P/E is 29x in the Chemicals industry in China. Valuation Update With 7 Day Price Move • Jun 08
Investor sentiment improved over the past week After last week's 22% share price gain to CN¥25.50, the stock trades at a trailing P/E ratio of 24.1x. Average trailing P/E is 27x in the Chemicals industry in China. Reported Earnings • May 02
First quarter 2022 earnings released: EPS: CN¥0.15 (vs CN¥0.52 in 1Q 2021) First quarter 2022 results: EPS: CN¥0.15 (down from CN¥0.52 in 1Q 2021). Revenue: CN¥228.9m (down 21% from 1Q 2021). Net income: CN¥20.3m (down 61% from 1Q 2021). Profit margin: 8.9% (down from 18% in 1Q 2021). The decrease in margin was driven by lower revenue. 
