Valuation Update With 7 Day Price Move • 20h
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to CN¥72.92, the stock trades at a forward P/E ratio of 25x. Average forward P/E is 20x in the Chemicals industry in China. Total returns to shareholders of 54% over the past three years. Reported Earnings • Apr 28
First quarter 2026 earnings: EPS exceeds analyst expectations while revenues lag behind First quarter 2026 results: EPS: CN¥0.64 (up from CN¥0.31 in 1Q 2025). Revenue: CN¥3.36b (up 68% from 1Q 2025). Net income: CN¥480.5m (up 109% from 1Q 2025). Profit margin: 14% (up from 12% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 8.0%. Earnings per share (EPS) exceeded analyst estimates by 19%. Revenue is forecast to grow 22% 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 5% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Apr 10
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to CN¥63.77, the stock trades at a forward P/E ratio of 25x. Average forward P/E is 23x in the Chemicals industry in China. Total returns to shareholders of 24% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥25.75 per share. Annuncio • Mar 31
Shenzhen Capchem Technology Co., Ltd. to Report Q1, 2026 Results on Apr 28, 2026 Shenzhen Capchem Technology Co., Ltd. announced that they will report Q1, 2026 results on Apr 28, 2026 Reported Earnings • Mar 25
Full year 2025 earnings: EPS and revenues miss analyst expectations Full year 2025 results: EPS: CN¥1.46 (up from CN¥1.26 in FY 2024). Revenue: CN¥9.64b (up 23% from FY 2024). Net income: CN¥1.10b (up 17% from FY 2024). Profit margin: 11% (in line with FY 2024). Revenue missed analyst estimates by 2.5%. Earnings per share (EPS) also missed analyst estimates by 5.2%. Revenue is forecast to grow 23% 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 16% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings. Annuncio • Mar 23
Shenzhen Capchem Technology Co., Ltd., Annual General Meeting, Apr 15, 2026 Shenzhen Capchem Technology Co., Ltd., Annual General Meeting, Apr 15, 2026, at 14:00 China Standard Time. Location: 16F, Capchem Technology Building, Changye Road, Pingshan District, Shenzhen, Guangdong China Major Estimate Revision • Feb 28
Consensus EPS estimates fall by 12% The consensus outlook for earnings per share (EPS) in fiscal year 2026 has deteriorated. 2026 revenue forecast decreased from CN¥15.5b to CN¥14.8b. EPS estimate also fell from CN¥3.12 per share to CN¥2.76 per share. Net income forecast to grow 89% next year vs 44% growth forecast for Chemicals industry in China. Consensus price target of CN¥56.74 unchanged from last update. Share price was steady at CN¥57.11 over the past week. Reported Earnings • Feb 11
Full year 2025 earnings released: EPS: CN¥1.46 (vs CN¥1.26 in FY 2024) Full year 2025 results: EPS: CN¥1.46 (up from CN¥1.26 in FY 2024). Revenue: CN¥9.64b (up 23% from FY 2024). Net income: CN¥1.10b (up 17% from FY 2024). Profit margin: 11% (in line with FY 2024). Revenue is forecast to grow 20% 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 16% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings. Annuncio • Dec 31
Shenzhen Capchem Technology Co., Ltd. to Report Fiscal Year 2025 Results on Mar 24, 2026 Shenzhen Capchem Technology Co., Ltd. announced that they will report fiscal year 2025 results on Mar 24, 2026 Price Target Changed • Nov 18
Price target increased by 14% to CN¥55.29 Up from CN¥48.33, the current price target is an average from 7 analysts. New target price is approximately in line with last closing price of CN¥57.63. Stock is up 36% over the past year. The company is forecast to post earnings per share of CN¥1.52 for next year compared to CN¥1.26 last year. New Risk • Nov 14
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Chinese stocks, typically moving 9.5% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (9.5% average weekly change). Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Valuation Update With 7 Day Price Move • Nov 13
Investor sentiment improves as stock rises 25% After last week's 25% share price gain to CN¥64.30, the stock trades at a forward P/E ratio of 33x. Average forward P/E is 24x in the Chemicals industry in China. Total returns to shareholders of 68% over the past three years. Reported Earnings • Oct 29
Third quarter 2025 earnings: EPS and revenues miss analyst expectations Third quarter 2025 results: EPS: CN¥0.36 (down from CN¥0.38 in 3Q 2024). Revenue: CN¥2.37b (up 14% from 3Q 2024). Net income: CN¥264.2m (down 7.5% from 3Q 2024). Profit margin: 11% (down from 14% in 3Q 2024). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 3.2%. Earnings per share (EPS) also missed analyst estimates by 33%. Revenue is forecast to grow 20% 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 24% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings. Annuncio • Sep 30
Shenzhen Capchem Technology Co., Ltd. to Report Q3, 2025 Results on Oct 24, 2025 Shenzhen Capchem Technology Co., Ltd. announced that they will report Q3, 2025 results on Oct 24, 2025 New Risk • Sep 30
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 7.2% 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 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 (7.2% average weekly change). Valuation Update With 7 Day Price Move • Sep 30
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥53.38, the stock trades at a forward P/E ratio of 29x. Average forward P/E is 23x in the Chemicals industry in China. Total returns to shareholders of 33% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥66.68 per share. Price Target Changed • Aug 29
Price target increased by 7.8% to CN¥46.50 Up from CN¥43.14, the current price target is an average from 7 analysts. New target price is approximately in line with last closing price of CN¥47.20. Stock is up 45% over the past year. The company is forecast to post earnings per share of CN¥1.55 for next year compared to CN¥1.26 last year. Reported Earnings • Aug 27
Second quarter 2025 earnings: EPS and revenues miss analyst expectations Second quarter 2025 results: EPS: CN¥0.33 (up from CN¥0.33 in 2Q 2024). Revenue: CN¥2.25b (up 8.6% from 2Q 2024). Net income: CN¥254.0m (up 1.3% from 2Q 2024). Profit margin: 11% (in line with 2Q 2024). Revenue missed analyst estimates by 5.1%. Earnings per share (EPS) also missed analyst estimates by 26%. Revenue is forecast to grow 21% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Chemicals industry in China. Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Aug 12
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to CN¥39.35, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 24x in the Chemicals industry in China. Total loss to shareholders of 19% over the past three years. Annuncio • Jul 02
Shenzhen Capchem Technology Co., Ltd. to Report First Half, 2025 Results on Aug 26, 2025 Shenzhen Capchem Technology Co., Ltd. announced that they will report first half, 2025 results on Aug 26, 2025 Declared Dividend • May 18
Dividend reduced to CN¥0.40 Dividend of CN¥0.40 is 33% lower than last year. Ex-date: 23rd May 2025 Payment date: 23rd May 2025 Dividend yield will be 1.3%, which is lower than the industry average of 2.6%. Sustainability & Growth Dividend is covered by earnings (30% 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 19% per year over the past 9 years. However, payments have been volatile during that time. EPS is expected to grow by 85% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Apr 30
First quarter 2025 earnings: EPS and revenues miss analyst expectations First quarter 2025 results: EPS: CN¥0.31 (up from CN¥0.22 in 1Q 2024). Revenue: CN¥2.00b (up 32% from 1Q 2024). Net income: CN¥229.9m (up 39% from 1Q 2024). Profit margin: 12% (in line with 1Q 2024). Revenue missed analyst estimates by 9.9%. Earnings per share (EPS) also missed analyst estimates by 18%. Revenue is forecast to grow 19% 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 28% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings. Annuncio • Apr 17
Shenzhen Capchem Technology Co., Ltd. Approves Cash Dividend for the Year 2024 Shenzhen Capchem Technology Co., Ltd. at the Annual General Meeting of 2024 held on 15 April 2025 approved cash dividend per 10 shares (tax included) of CNY 4.00000000 for the year 2024. Valuation Update With 7 Day Price Move • Apr 07
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to CN¥27.89, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 21x in the Chemicals industry in China. Total loss to shareholders of 31% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥12.41 per share. Annuncio • Mar 31
Shenzhen Capchem Technology Co., Ltd. to Report Q1, 2025 Results on Apr 25, 2025 Shenzhen Capchem Technology Co., Ltd. announced that they will report Q1, 2025 results on Apr 25, 2025 Major Estimate Revision • Mar 31
Consensus EPS estimates fall by 16% The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from CN¥10.4b to CN¥10.1b. EPS estimate also fell from CN¥1.96 per share to CN¥1.65 per share. Net income forecast to grow 32% next year vs 49% growth forecast for Chemicals industry in China. Consensus price target down from CN¥44.29 to CN¥42.75. Share price was steady at CN¥33.62 over the past week. Annuncio • Mar 26
Shenzhen Capchem Technology Co., Ltd. Proposes Final Cash Dividend for 2024 Shenzhen Capchem Technology Co., Ltd. announced on 25 March 2025 the profit distribution proposal for 2024 as follows: Final Cash dividend per 10 shares (tax included) of CNY 4.00000000. Reported Earnings • Mar 25
Full year 2024 earnings: EPS and revenues miss analyst expectations Full year 2024 results: EPS: CN¥1.26 (down from CN¥1.36 in FY 2023). Revenue: CN¥7.85b (up 4.8% from FY 2023). Net income: CN¥942.1m (down 6.8% from FY 2023). Profit margin: 12% (down from 14% in FY 2023). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 1.3%. Earnings per share (EPS) also missed analyst estimates by 16%. Revenue is forecast to grow 22% 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 25% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings. Annuncio • Mar 25
Shenzhen Capchem Technology Co., Ltd., Annual General Meeting, Apr 15, 2025 Shenzhen Capchem Technology Co., Ltd., Annual General Meeting, Apr 15, 2025, at 14:00 China Standard Time. Location: 16F, Capchem Technology Building, Changye Road, Pingshan District, Shenzhen, Guangdong China Annuncio • Dec 31
Shenzhen Capchem Technology Co., Ltd. to Report Fiscal Year 2024 Results on Mar 25, 2025 Shenzhen Capchem Technology Co., Ltd. announced that they will report fiscal year 2024 results on Mar 25, 2025 Valuation Update With 7 Day Price Move • Nov 08
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to CN¥43.42, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 19x in the Chemicals industry in China. Total loss to shareholders of 39% over the past three years. Price Target Changed • Nov 04
Price target increased by 7.7% to CN¥44.00 Up from CN¥40.87, the current price target is an average from 7 analysts. New target price is 17% above last closing price of CN¥37.75. Stock is down 16% over the past year. The company is forecast to post earnings per share of CN¥1.45 for next year compared to CN¥1.36 last year. Reported Earnings • Oct 29
Third quarter 2024 earnings: EPS and revenues miss analyst expectations Third quarter 2024 results: EPS: CN¥0.38 (in line with 3Q 2023). Revenue: CN¥2.08b (down 3.0% from 3Q 2023). Net income: CN¥285.7m (up 1.9% from 3Q 2023). Profit margin: 14% (in line with 3Q 2023). Revenue missed analyst estimates by 17%. Earnings per share (EPS) also missed analyst estimates by 15%. Revenue is forecast to grow 22% 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 17% per year whereas the company’s share price has fallen by 20% per year. New Risk • Sep 30
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 7.4% 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: Minor Risks Dividend is not well covered by cash flows (dividend per share is over 12x cash flows per share). Share price has been volatile over the past 3 months (7.4% average weekly change). Annuncio • Sep 30
Shenzhen Capchem Technology Co., Ltd. to Report Q3, 2024 Results on Oct 29, 2024 Shenzhen Capchem Technology Co., Ltd. announced that they will report Q3, 2024 results on Oct 29, 2024 Valuation Update With 7 Day Price Move • Sep 27
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to CN¥35.61, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 16x in the Chemicals industry in China. Total loss to shareholders of 57% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥14.85 per share. Major Estimate Revision • Aug 28
Consensus EPS estimates fall by 11% The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from CN¥8.60b to CN¥8.07b. EPS estimate also fell from CN¥1.65 per share to CN¥1.48 per share. Net income forecast to grow 45% next year vs 45% growth forecast for Chemicals industry in China. Consensus price target down from CN¥46.77 to CN¥40.87. Share price was steady at CN¥31.54 over the past week. Price Target Changed • Aug 27
Price target decreased by 13% to CN¥40.87 Down from CN¥46.77, the current price target is an average from 7 analysts. New target price is 31% above last closing price of CN¥31.23. Stock is down 37% over the past year. The company is forecast to post earnings per share of CN¥1.48 for next year compared to CN¥1.36 last year. Reported Earnings • Aug 20
Second quarter 2024 earnings: EPS and revenues miss analyst expectations Second quarter 2024 results: EPS: CN¥0.33 (down from CN¥0.36 in 2Q 2023). Revenue: CN¥2.07b (up 16% from 2Q 2023). Net income: CN¥250.8m (down 7.5% from 2Q 2023). Profit margin: 12% (down from 15% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 6.4%. Earnings per share (EPS) also missed analyst estimates by 47%. Revenue is forecast to grow 22% 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 6% per year but the company’s share price has fallen by 19% per year, which means it is performing significantly worse than earnings. Valuation Update With 7 Day Price Move • Jul 15
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥31.75, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 15x in the Chemicals industry in China. Total loss to shareholders of 49% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥14.51 per share. Annuncio • Jun 29
Shenzhen Capchem Technology Co., Ltd. to Report First Half, 2024 Results on Aug 20, 2024 Shenzhen Capchem Technology Co., Ltd. announced that they will report first half, 2024 results on Aug 20, 2024 Annuncio • May 18
Shenzhen Capchem Technology Co., Ltd. (SZSE:300037) commences an Equity Buyback Plan for CNY 200 million worth of its shares, under the authorization approved on May 14, 2024. Shenzhen Capchem Technology Co., Ltd. (SZSE:300037) commences a share repurchases on May 15, 2024 under the program mandated by the shareholders in the Extraordinary General Meeting held on May 14, 2024. As per the mandate, the company is authorized to repurchase up to CNY 200 million worth of its A shares. The shares will be repurchased at a price not more than CNY 45 per share. The purpose of the program is to cancel and reduce the registered capital of the company accordingly. The program will be funded from company's own funds. Declared Dividend • May 03
Dividend increased to CN¥0.60 Dividend of CN¥0.60 is 20% higher than last year. Ex-date: 10th May 2024 Payment date: 10th May 2024 Dividend yield will be 1.8%, which is lower than the industry average of 2.6%. Sustainability & Growth Dividend is covered by both earnings (48% earnings payout ratio) and cash flows (70% cash payout ratio). The dividend has increased by an average of 24% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 106% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Annuncio • May 02
Shenzhen Capchem Technology Co., Ltd. Announces 2023 Final Profit Distribution Plan to Be Implemented (A Shares), Payable on; 10 May 2024 Shenzhen Capchem Technology Co., Ltd. announced 2023 final profit distribution plan to be implemented (A shares) of CNY 6.00000000 per 10 shares (tax included), with Record date: 09 May 2024 Ex-date: 10 May 2024; and Payment date: 10 May 2024. Price Target Changed • Apr 18
Price target decreased by 7.1% to CN¥47.57 Down from CN¥51.18, the current price target is an average from 6 analysts. New target price is 47% above last closing price of CN¥32.30. Stock is down 40% over the past year. The company is forecast to post earnings per share of CN¥1.74 for next year compared to CN¥1.36 last year. Major Estimate Revision • Apr 08
Consensus revenue estimates fall by 21% The consensus outlook for revenues in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from CN¥10.9b to CN¥8.60b. EPS estimate fell from CN¥2.20 to CN¥1.68 per share. Net income forecast to grow 25% next year vs 46% growth forecast for Chemicals industry in China. Consensus price target down from CN¥55.61 to CN¥50.35. Share price rose 4.9% to CN¥36.14 over the past week. Annuncio • Apr 02
Shenzhen Capchem Technology Co., Ltd., Annual General Meeting, Apr 23, 2024 Shenzhen Capchem Technology Co., Ltd., Annual General Meeting, Apr 23, 2024, at 14:00 China Standard Time. Location: The Company's Meeting Room, Shenzhen, Guangdong China Price Target Changed • Apr 02
Price target decreased by 8.8% to CN¥52.47 Down from CN¥57.55, the current price target is an average from 7 analysts. New target price is 51% above last closing price of CN¥34.71. Stock is down 28% over the past year. The company is forecast to post earnings per share of CN¥1.85 for next year compared to CN¥1.36 last year. Reported Earnings • Apr 02
Full year 2023 earnings: EPS and revenues miss analyst expectations Full year 2023 results: EPS: CN¥1.36 (down from CN¥2.37 in FY 2022). Revenue: CN¥7.48b (down 23% from FY 2022). Net income: CN¥1.01b (down 43% from FY 2022). Profit margin: 14% (down from 18% in FY 2022). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 11%. Earnings per share (EPS) also missed analyst estimates by 18%. Revenue is forecast to grow 23% p.a. on average during the next 3 years, compared to a 17% growth forecast for the Chemicals industry in China. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings. Annuncio • Mar 30
Shenzhen Capchem Technology Co., Ltd. to Report Q1, 2024 Results on Apr 26, 2024 Shenzhen Capchem Technology Co., Ltd. announced that they will report Q1, 2024 results on Apr 26, 2024 Valuation Update With 7 Day Price Move • Feb 07
Investor sentiment improves as stock rises 25% After last week's 25% share price gain to CN¥46.56, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 13x in the Chemicals industry in China. Total returns to shareholders of 1.1% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥55.84 per share. Buying Opportunity • Jan 17
Now 21% undervalued Over the last 90 days, the stock is up 7.8%. The fair value is estimated to be CN¥56.28, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 34% over the last 3 years. Earnings per share has grown by 30%. Revenue is forecast to grow by 75% in 2 years. Earnings is forecast to grow by 97% in the next 2 years. Annuncio • Dec 30
Shenzhen Capchem Technology Co., Ltd. to Report Fiscal Year 2023 Results on Apr 02, 2024 Shenzhen Capchem Technology Co., Ltd. announced that they will report fiscal year 2023 results on Apr 02, 2024 Reported Earnings • Oct 27
Third quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behind Third quarter 2023 results: EPS: CN¥0.38 (down from CN¥0.59 in 3Q 2022). Revenue: CN¥2.15b (down 8.1% from 3Q 2022). Net income: CN¥280.4m (down 36% from 3Q 2022). Profit margin: 13% (down from 19% in 3Q 2022). The decrease in margin was driven by lower revenue. Revenue exceeded analyst estimates by 4.8%. Earnings per share (EPS) missed analyst estimates by 22%. Revenue is forecast to grow 27% 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 30% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Price Target Changed • Sep 19
Price target increased by 7.5% to CN¥57.69 Up from CN¥53.69, the current price target is an average from 6 analysts. New target price is 33% above last closing price of CN¥43.45. Stock is up 6.7% over the past year. The company is forecast to post earnings per share of CN¥1.68 for next year compared to CN¥2.37 last year. Major Estimate Revision • Aug 25
Consensus revenue estimates fall by 17% The consensus outlook for revenues in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from CN¥10.4b to CN¥8.68b. EPS estimate fell from CN¥1.98 to CN¥1.73 per share. Net income forecast to grow 27% next year vs 53% growth forecast for Chemicals industry in China. Consensus price target broadly unchanged at CN¥53.69. Share price fell 2.2% to CN¥47.96 over the past week. Reported Earnings • Aug 19
Second quarter 2023 earnings: EPS and revenues miss analyst expectations Second quarter 2023 results: EPS: CN¥0.36 (down from CN¥0.66 in 2Q 2022). Revenue: CN¥1.79b (down 22% from 2Q 2022). Net income: CN¥271.2m (down 45% from 2Q 2022). Profit margin: 15% (down from 22% in 2Q 2022). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 34%. Earnings per share (EPS) also missed analyst estimates by 49%. Revenue is forecast to grow 27% p.a. on average 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 41% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth. Annuncio • Jul 01
Shenzhen Capchem Technology Co., Ltd. to Report First Half, 2023 Results on Aug 22, 2023 Shenzhen Capchem Technology Co., Ltd. announced that they will report first half, 2023 results on Aug 22, 2023 Annuncio • May 10
Shenzhen Capchem Technology Co., Ltd. Announces 2022 Final Profit Distribution Plan to Be Implemented (A Shares), Payable on 16 May 2023 Shenzhen Capchem Technology Co., Ltd. announced 2022 final profit distribution plan to be implemented (A shares) of CNY 5.00000000 per 10 shares (tax included), with Record date: 15 May 2023 Ex-date: 16 May 2023; and Payment date: 16 May 2023. Valuation Update With 7 Day Price Move • Apr 12
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to CN¥56.88, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 16x in the Chemicals industry in China. Total returns to shareholders of 173% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥29.62 per share. Reported Earnings • Mar 29
Full year 2022 earnings: EPS and revenues miss analyst expectations Full year 2022 results: EPS: CN¥2.37 (up from CN¥1.77 in FY 2021). Revenue: CN¥9.66b (up 39% from FY 2021). Net income: CN¥1.76b (up 35% from FY 2021). Profit margin: 18% (in line with FY 2021). Revenue missed analyst estimates by 6.2%. Earnings per share (EPS) also missed analyst estimates by 8.2%. Revenue is forecast to grow 17% 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 59% per year but the company’s share price has only increased by 35% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Jan 09
Investor sentiment improved over the past week After last week's 17% share price gain to CN¥51.00, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 16x in the Chemicals industry in China. Total returns to shareholders of 160% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥39.46 per share. Price Target Changed • Nov 16
Price target decreased to CN¥52.70 Down from CN¥57.62, the current price target is an average from 8 analysts. New target price is 30% above last closing price of CN¥40.52. Stock is down 41% over the past year. The company is forecast to post earnings per share of CN¥2.57 for next year compared to CN¥1.77 last year. Price Target Changed • Nov 07
Price target decreased to CN¥52.70 Down from CN¥57.62, the current price target is an average from 8 analysts. New target price is 29% above last closing price of CN¥40.97. Stock is down 45% over the past year. The company is forecast to post earnings per share of CN¥2.57 for next year compared to CN¥1.77 last year. Reported Earnings • Oct 28
Third quarter 2022 earnings: EPS misses analyst expectations Third quarter 2022 results: EPS: CN¥0.59 (up from CN¥0.58 in 3Q 2021). Revenue: CN¥2.34b (up 22% from 3Q 2021). Net income: CN¥438.3m (up 1.7% from 3Q 2021). Profit margin: 19% (down from 23% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 9.0%. Revenue is forecast to grow 19% p.a. on average 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 62% per year but the company’s share price has only increased by 38% per year, which means it is significantly lagging earnings growth. Annuncio • Oct 21
Shenzhen Capchem Technology Co., Ltd. (SZSE:300037) announces an Equity Buyback for CNY 200 million worth of its shares. Shenzhen Capchem Technology Co., Ltd. (SZSE:300037) announces a share repurchase program. Under the program, the company will repurchase not more than CNY 200 million worth of its shares. The shares will be repurchased at a price not more than CNY 55 per share. The repurchased shares will be used for employee stock ownership plans or equity incentive plans, otherwise will be cancelled if the company fails to transfer them within the time limit stipulated by relevant laws and regulations. The program will be funded from company's own funds. The program will be valid for not more than 12 months. Reported Earnings • Aug 24
Second quarter 2022 earnings: EPS and revenues miss analyst expectations Second quarter 2022 results: EPS: CN¥0.66 (up from CN¥0.38 in 2Q 2021). Revenue: CN¥2.28b (up 61% from 2Q 2021). Net income: CN¥492.3m (up 75% from 2Q 2021). Profit margin: 22% (up from 20% in 2Q 2021). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 5.3%. Earnings per share (EPS) also missed analyst estimates by 84%. Over the next year, revenue is forecast to grow 18%, compared to a 42% growth forecast for the Chemicals industry in China. Over the last 3 years on average, earnings per share has increased by 61% per year but the company’s share price has only increased by 50% per year, which means it is significantly lagging earnings growth. Price Target Changed • Aug 23
Price target increased to CN¥59.02 Up from CN¥54.02, the current price target is an average from 9 analysts. New target price is 20% above last closing price of CN¥49.35. Stock is down 18% over the past year. The company is forecast to post earnings per share of CN¥2.40 for next year compared to CN¥1.77 last year. Buying Opportunity • Aug 12
Now 22% undervalued Over the last 90 days, the stock is up 27%. The fair value is estimated to be CN¥64.96, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 49% over the last 3 years. Earnings per share has grown by 54%. Revenue is forecast to grow by 50% in 2 years. Earnings is forecast to grow by 45% in the next 2 years. Valuation Update With 7 Day Price Move • Aug 11
Investor sentiment improved over the past week After last week's 17% share price gain to CN¥52.12, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 18x in the Chemicals industry in China. Total returns to shareholders of 292% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥65.05 per share. Buying Opportunity • Jul 08
Now 21% undervalued Over the last 90 days, the stock is up 15%. The fair value is estimated to be CN¥65.19, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 49% over the last 3 years. Earnings per share has grown by 54%. Revenue is forecast to grow by 43% in 2 years. Earnings is forecast to grow by 43% in the next 2 years. Valuation Update With 7 Day Price Move • Jun 28
Investor sentiment improved over the past week After last week's 19% share price gain to CN¥56.14, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 18x in the Chemicals industry in China. Total returns to shareholders of 369% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥63.03 per share. Price Target Changed • Jun 01
Price target decreased to CN¥56.19 Down from CN¥74.00, the current price target is an average from 9 analysts. New target price is 40% above last closing price of CN¥40.20. Stock is down 17% over the past year. The company is forecast to post earnings per share of CN¥2.25 for next year compared to CN¥1.77 last year. Major Estimate Revision • May 25
Consensus forecasts updated The consensus outlook for 2022 has been updated. 2022 EPS estimate increased from CN¥2.16 to CN¥2.48. Revenue forecast unchanged at CN¥10.3b. Net income forecast to grow 19% next year vs 39% growth forecast for Chemicals industry in China. Consensus price target up from CN¥66.67 to CN¥74.00. Share price fell 5.2% to CN¥39.89 over the past week. Price Target Changed • May 24
Price target increased to CN¥74.00 Up from CN¥66.60, the current price target is an average from 10 analysts. New target price is 83% above last closing price of CN¥40.55. Stock is down 10% over the past year. The company is forecast to post earnings per share of CN¥2.16 for next year compared to CN¥1.77 last year. Valuation Update With 7 Day Price Move • May 11
Investor sentiment deteriorated over the past week After last week's 39% share price decline to CN¥40.83, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 15x in the Chemicals industry in China. Total returns to shareholders of 83% over the past three years. Upcoming Dividend • May 05
Upcoming dividend of CN¥0.68 per share Eligible shareholders must have bought the stock before 12 May 2022. Payment date: 12 May 2022. Payout ratio is a comfortable 17% and this is well supported by cash flows. Trailing yield: 1.0%. Lower than top quartile of Chinese dividend payers (2.2%). Lower than average of industry peers (1.8%). Annuncio • May 02
Shenzhen Capchem Technology Co., Ltd. Announces Final Cash Dividend for the Year 2021, Payable on 12 May 2022 Shenzhen Capchem Technology Co., Ltd. announced 2020 final profit distribution plan to be implemented (A shares) of CNY 6.80000000 per 10 shares (tax included), with Record date: 11 May 2022; Ex-date: 12 May 2022; and Payment date: 12 May 2022. Price Target Changed • May 01
Price target decreased to CN¥120 Down from CN¥131, the current price target is an average from 10 analysts. New target price is 79% above last closing price of CN¥66.86. Stock is down 13% over the past year. The company is forecast to post earnings per share of CN¥4.54 for next year compared to CN¥3.18 last year. Reported Earnings • Apr 30
First quarter 2022 earnings: EPS and revenues miss analyst expectations First quarter 2022 results: EPS: CN¥1.24 (up from CN¥0.38 in 1Q 2021). Revenue: CN¥2.71b (up 138% from 1Q 2021). Net income: CN¥511.6m (up 229% from 1Q 2021). Profit margin: 19% (up from 14% in 1Q 2021). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 14%. Earnings per share (EPS) also missed analyst estimates by 3.7%. Over the next year, revenue is forecast to grow 22%, compared to a 43% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has increased by 54% per year but the company’s share price has only increased by 41% per year, which means it is significantly lagging earnings growth. Price Target Changed • Apr 27
Price target decreased to CN¥125 Down from CN¥139, the current price target is an average from 10 analysts. New target price is 90% above last closing price of CN¥65.68. Stock is down 15% over the past year. The company is forecast to post earnings per share of CN¥4.42 for next year compared to CN¥3.18 last year. Annuncio • Apr 26
Shenzhen Capchem Technology Co., Ltd. Approves Profit Distribution Plan for 2021 Shenzhen Capchem Technology Co., Ltd. approves Cash dividend of (tax included) CNY 6.80000000 per 10 shares for 2021 at its Annual General Meeting held on 22 April 2022. Price Target Changed • Apr 07
Price target decreased to CN¥139 Down from CN¥155, the current price target is an average from 12 analysts. New target price is 71% above last closing price of CN¥81.00. Stock is up 5.3% over the past year. The company is forecast to post earnings per share of CN¥4.44 for next year compared to CN¥3.18 last year. Reported Earnings • Apr 01
Full year 2021 earnings: EPS and revenues exceed analyst expectations Full year 2021 results: EPS: CN¥3.18 (up from CN¥1.29 in FY 2020). Revenue: CN¥6.95b (up 135% from FY 2020). Net income: CN¥1.31b (up 152% from FY 2020). Profit margin: 19% (up from 18% in FY 2020). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 5.2%. Earnings per share (EPS) also surpassed analyst estimates by 2.0%. Over the next year, revenue is forecast to grow 42%, compared to a 48% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has increased by 44% per year whereas the company’s share price has increased by 49% per year. Annuncio • Mar 31
Shenzhen Capchem Technology Co., Ltd., Annual General Meeting, Apr 22, 2022 Shenzhen Capchem Technology Co., Ltd., Annual General Meeting, Apr 22, 2022, at 14:00 China Standard Time. Agenda: To discuss 2021 annual report and its summary; to discuss 2021 annual accounts; to discuss 2021 profit distribution plan; to discuss 2021 work report of the board of directors; to discuss 2021 work report of the supervisory committee; to discuss 2021 special report on the deposit and use of raised funds; to Appointment audit firm; to discuss Application for comprehensive credit line to banks by the Company and subsidiaries; to discuss Launching forward foreign exchange settlement and sale business in 2022; to discuss Cash management with idle proprietary funds and raised funds; to discuss Investment in construction of a project; to discuss Participation in refinancing securities lending business; and to discuss Change of the Company's registered capital and amendments to the Company's articles of association. Annuncio • Mar 30
Shenzhen Capchem Technology Co., Ltd. Announces Profit Distribution Proposal for 2021 on 29 March 2022 Shenzhen Capchem Technology Co., Ltd. announced the profit distribution proposal for 2021 as Cash dividend of CNY 6.80000000 per 10 shares (tax included). Reported Earnings • Jan 23
Full year 2021 earnings: EPS and revenues exceed analyst expectations Full year 2021 results: EPS: CN¥3.18 (up from CN¥1.29 in FY 2020). Revenue: CN¥6.95b (up 135% from FY 2020). Net income: CN¥1.31b (up 152% from FY 2020). Profit margin: 19% (up from 18% in FY 2020). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 3.2%. Earnings per share (EPS) also surpassed analyst estimates by 2.7%. Over the next year, revenue is forecast to grow 55%, compared to a 40% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has increased by 57% per year, which means it is tracking significantly ahead of earnings growth. Major Estimate Revision • Jan 22
Consensus revenue estimates increase by 17% The consensus outlook for revenues in 2022 has improved. 2022 revenue forecast increased from CN¥9.20b to CN¥10.8b. EPS estimate increased from CN¥4.01 to CN¥4.37 per share. Net income forecast to grow 67% next year vs 43% growth forecast for Chemicals industry in China. Consensus price target down from CN¥165 to CN¥155. Share price fell 5.1% to CN¥98.95 over the past week. Price Target Changed • Nov 05
Price target increased to CN¥155 Up from CN¥142, the current price target is an average from 13 analysts. New target price is 17% above last closing price of CN¥132. Stock is up 49% over the past year. The company is forecast to post earnings per share of CN¥3.10 for next year compared to CN¥1.29 last year.