Annuncio • Jun 30
Ningbo Joy Intelligent Logistics Technology Co.,Ltd. to Report First Half, 2026 Results on Aug 26, 2026 Ningbo Joy Intelligent Logistics Technology Co.,Ltd. announced that they will report first half, 2026 results on Aug 26, 2026 Reported Earnings • Apr 28
Full year 2025 earnings released: CN¥0.08 loss per share (vs CN¥0.07 loss in FY 2024) Full year 2025 results: CN¥0.08 loss per share (further deteriorated from CN¥0.07 loss in FY 2024). Revenue: CN¥429.5m (up 17% from FY 2024). Net loss: CN¥13.3m (loss widened 13% from FY 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 102 percentage points per year, which is a significant difference in performance. Annuncio • Apr 28
Ningbo Joy Intelligent Logistics Technology Co.,Ltd., Annual General Meeting, May 20, 2026 Ningbo Joy Intelligent Logistics Technology Co.,Ltd., Annual General Meeting, May 20, 2026, at 14:00 China Standard Time. Location: The Company's Meeting Room, Cixi, Zhejiang China Annuncio • Mar 31
Ningbo Joy Intelligent Logistics Technology Co.,Ltd. to Report Q1, 2026 Results on Apr 28, 2026 Ningbo Joy Intelligent Logistics Technology Co.,Ltd. announced that they will report Q1, 2026 results on Apr 28, 2026 Annuncio • Dec 31
Ningbo Joy Intelligent Logistics Technology Co.,Ltd. to Report Fiscal Year 2025 Results on Apr 28, 2026 Ningbo Joy Intelligent Logistics Technology Co.,Ltd. announced that they will report fiscal year 2025 results on Apr 28, 2026 Reported Earnings • Oct 28
Third quarter 2025 earnings released: EPS: CN¥0.012 (vs CN¥0.022 loss in 3Q 2024) Third quarter 2025 results: EPS: CN¥0.012 (up from CN¥0.022 loss in 3Q 2024). Revenue: CN¥120.6m (up 45% from 3Q 2024). Net income: CN¥2.10m (up CN¥5.36m from 3Q 2024). Profit margin: 1.7% (up from net loss in 3Q 2024). The move to profitability was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 97 percentage points per year, which is a significant difference in performance. Annuncio • Sep 30
Ningbo Joy Intelligent Logistics Technology Co.,Ltd. to Report Q3, 2025 Results on Oct 28, 2025 Ningbo Joy Intelligent Logistics Technology Co.,Ltd. announced that they will report Q3, 2025 results on Oct 28, 2025 Board Change • Sep 10
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Director Jian Jin was the last independent director to join the board, commencing their role in 2025. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Annuncio • Jul 02
Ningbo Joy Intelligent Logistics Technology Co.,Ltd. to Report First Half, 2025 Results on Aug 28, 2025 Ningbo Joy Intelligent Logistics Technology Co.,Ltd. announced that they will report first half, 2025 results on Aug 28, 2025 Annuncio • Jun 26
Ningbo Joy Intelligent Logistics Technology Co.,Ltd. Appoints Jin Jian as Independent Director Ningbo Joy Intelligent Logistics Technology Co.,Ltd. at its Extraordinary General Meeting of 2025 on 24 June 2025, approved appointment of Jin Jian as independent director. Reported Earnings • Apr 21
Full year 2024 earnings released: CN¥0.07 loss per share (vs CN¥0.21 profit in FY 2023) Full year 2024 results: CN¥0.07 loss per share (down from CN¥0.21 profit in FY 2023). Revenue: CN¥366.3m (down 9.1% from FY 2023). Net loss: CN¥11.8m (down 133% from profit in FY 2023). Over the last 3 years on average, earnings per share has fallen by 59% 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 • Apr 21
Ningbo Joy Intelligent Logistics Technology Co.,Ltd., Annual General Meeting, May 16, 2025 Ningbo Joy Intelligent Logistics Technology Co.,Ltd., Annual General Meeting, May 16, 2025, at 14:00 China Standard Time. Location: The Company's Meeting Room, Cixi, Zhejiang China Annuncio • Mar 31
Ningbo Joy Intelligent Logistics Technology Co.,Ltd. to Report Q1, 2025 Results on Apr 21, 2025 Ningbo Joy Intelligent Logistics Technology Co.,Ltd. announced that they will report Q1, 2025 results on Apr 21, 2025 New Risk • Feb 21
New major risk - Revenue and earnings growth Earnings have declined by 18% 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. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (11% average weekly change). Dividend is not well covered by earnings and cash flows. Dividend per share is over 5x earnings per share. Paying a dividend despite having no free cash flows. Earnings have declined by 18% per year over the past 5 years. Minor Risk Profit margins are more than 30% lower than last year (1.1% net profit margin). Annuncio • Dec 31
Ningbo Joy Intelligent Logistics Technology Co.,Ltd. to Report Fiscal Year 2024 Results on Apr 21, 2025 Ningbo Joy Intelligent Logistics Technology Co.,Ltd. announced that they will report fiscal year 2024 results on Apr 21, 2025 New Risk • Dec 09
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 14% 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 Risks Share price has been highly volatile over the past 3 months (14% average weekly change). Dividend is not well covered by earnings and cash flows. Dividend per share is over 5x earnings per share. Paying a dividend despite having no free cash flows. Minor Risk Profit margins are more than 30% lower than last year (1.1% net profit margin). Reported Earnings • Oct 28
Third quarter 2024 earnings released: CN¥0.022 loss per share (vs CN¥0.069 profit in 3Q 2023) Third quarter 2024 results: CN¥0.022 loss per share (down from CN¥0.069 profit in 3Q 2023). Revenue: CN¥83.0m (down 27% from 3Q 2023). Net loss: CN¥3.26m (down 130% from profit in 3Q 2023). Revenue is forecast to grow 19% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Packaging industry in China. Annuncio • Sep 30
Ningbo Joy Intelligent Logistics Technology Co.,Ltd. to Report Q3, 2024 Results on Oct 28, 2024 Ningbo Joy Intelligent Logistics Technology Co.,Ltd. announced that they will report Q3, 2024 results on Oct 28, 2024 Reported Earnings • Aug 29
Second quarter 2024 earnings released: CN¥0.001 loss per share (vs CN¥0.076 profit in 2Q 2023) Second quarter 2024 results: CN¥0.001 loss per share (down from CN¥0.076 profit in 2Q 2023). Revenue: CN¥87.4m (down 23% from 2Q 2023). Net loss: CN¥203.7k (down 102% from profit in 2Q 2023). Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Packaging industry in China. New Risk • Jul 29
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 9.4% 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 Risks Share price has been highly volatile over the past 3 months (9.4% average weekly change). High level of non-cash earnings (26% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (7.9% net profit margin). Valuation Update With 7 Day Price Move • Jul 29
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to CN¥8.74, the stock trades at a forward P/E ratio of 34x. Average forward P/E is 16x in the Packaging industry in China. Total loss to shareholders of 42% over the past year. Valuation Update With 7 Day Price Move • Jul 10
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to CN¥7.44, the stock trades at a forward P/E ratio of 29x. Average forward P/E is 16x in the Packaging industry in China. Total loss to shareholders of 50% over the past year. Annuncio • Jun 29
Ningbo Joy Intelligent Logistics Technology Co.,Ltd. to Report First Half, 2024 Results on Aug 29, 2024 Ningbo Joy Intelligent Logistics Technology Co.,Ltd. announced that they will report first half, 2024 results on Aug 29, 2024 Declared Dividend • May 24
Dividend of CN¥0.12 announced Shareholders will receive a dividend of CN¥0.12. Ex-date: 28th May 2024 Payment date: 28th May 2024 Dividend yield will be 1.4%, which is lower than the industry average of 2.3%. Sustainability & Growth Dividend is covered by earnings (64% 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 decreased over the past 26 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 57% over the next year, which should provide support to the dividend and adequate earnings cover. Annuncio • Apr 24
Ningbo Joy Intelligent Logistics Technology Co.,Ltd., Annual General Meeting, May 16, 2024 Ningbo Joy Intelligent Logistics Technology Co.,Ltd., Annual General Meeting, May 16, 2024, at 14:00 China Standard Time. Location: The Company's Meeting Room, Cixi, Zhejiang China Reported Earnings • Apr 24
First quarter 2024 earnings released: EPS: CN¥0.06 (vs CN¥0.085 in 1Q 2023) First quarter 2024 results: EPS: CN¥0.06 (down from CN¥0.085 in 1Q 2023). Revenue: CN¥85.1m (down 4.4% from 1Q 2023). Net income: CN¥9.59m (down 33% from 1Q 2023). Profit margin: 11% (down from 16% in 1Q 2023). The decrease in margin was primarily driven by lower revenue. Revenue is forecast to grow 23% p.a. on average during the next 2 years, compared to a 15% growth forecast for the Packaging industry in China. Valuation Update With 7 Day Price Move • Apr 16
Investor sentiment deteriorates as stock falls 22% After last week's 22% share price decline to CN¥7.26, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 17x in the Packaging industry in China. Total loss to shareholders of 64% over the past year. New Risk • Apr 15
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 12% 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 Risks Share price has been highly volatile over the past 3 months (12% average weekly change). High level of non-cash earnings (21% accrual ratio). Minor Risk Paying a dividend despite having no free cash flows. Annuncio • Mar 30
Ningbo Joy Intelligent Logistics Technology Co.,Ltd. to Report Q1, 2024 Results on Apr 24, 2024 Ningbo Joy Intelligent Logistics Technology Co.,Ltd. announced that they will report Q1, 2024 results on Apr 24, 2024 New Risk • Feb 08
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 8.3% 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 High level of non-cash earnings (21% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (8.3% average weekly change). Valuation Update With 7 Day Price Move • Feb 01
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to CN¥9.00, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 17x in the Packaging industry in China. Total loss to shareholders of 55% over the past year. Simply Wall St's valuation model estimates the intrinsic value at CN¥7.34 per share. Board Change • Jan 19
Less than half of directors are independent There are 5 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 5 new directors. 3 experienced directors. No highly experienced directors. 2 independent directors (3 non-independent directors). Chairman & GM Zhiqiang Luo is the most experienced director on the board, commencing their role in 2016. Independent Director Wang Shen was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors. Annuncio • Dec 29
Ningbo Joy Intelligent Logistics Technology Co.,Ltd. to Report Fiscal Year 2023 Results on Apr 24, 2024 Ningbo Joy Intelligent Logistics Technology Co.,Ltd. announced that they will report fiscal year 2023 results on Apr 24, 2024 Reported Earnings • Oct 29
Third quarter 2023 earnings released: EPS: CN¥0.069 (vs CN¥0.12 in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.069 (down from CN¥0.12 in 3Q 2022). Revenue: CN¥113.0m (down 15% from 3Q 2022). Net income: CN¥11.0m (down 44% from 3Q 2022). Profit margin: 9.7% (down from 15% in 3Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 43% p.a. on average during the next 3 years, compared to a 19% growth forecast for the Packaging industry in China. Reported Earnings • Aug 30
Second quarter 2023 earnings released: EPS: CN¥0.076 (vs CN¥0.13 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.076 (down from CN¥0.13 in 2Q 2022). Revenue: CN¥113.7m (up 29% from 2Q 2022). Net income: CN¥13.1m (down 39% from 2Q 2022). Profit margin: 12% (down from 24% in 2Q 2022). Revenue is forecast to grow 39% p.a. on average during the next 3 years, compared to a 19% growth forecast for the Packaging industry in China. Valuation Update With 7 Day Price Move • May 30
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to CN¥17.14, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 15x in the Packaging industry in China. Total returns to shareholders of 24% over the past year. Annuncio • May 20
Ningbo Joy Intelligent Logistics Technology Co.,Ltd. Announces Final Dividend for 2022, Payable on 26 May 2023 Ningbo Joy Intelligent Logistics Technology Co.,Ltd. announced final cash dividend of CNY 2.00000000 per 10 shares (tax included) for 2022. Record date is 25 May 2023. Ex-date is 26 May 2023. Payment date is 26 May 2023. Annuncio • May 19
Ningbo Joy Intelligent Logistics Technology Co.,Ltd. Approves Dividend for the Year 2022 Ningbo Joy Intelligent Logistics Technology Co.,Ltd. at its AGM held on May 15, 2023 approved final cash dividend/10 shares (tax included) of CNY 2.00000000 for the year 2022. Reported Earnings • Apr 22
First quarter 2023 earnings released: EPS: CN¥0.11 (vs CN¥0.10 in 1Q 2022) First quarter 2023 results: EPS: CN¥0.11 (up from CN¥0.10 in 1Q 2022). Revenue: CN¥89.0m (down 6.1% from 1Q 2022). Net income: CN¥14.3m (up 7.0% from 1Q 2022). Profit margin: 16% (up from 14% in 1Q 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 47% p.a. on average during the next 2 years, compared to a 20% growth forecast for the Packaging industry in China. Valuation Update With 7 Day Price Move • Dec 12
Investor sentiment improved over the past week After last week's 24% share price gain to CN¥23.41, the stock trades at a forward P/E ratio of 25x. Average forward P/E is 17x in the Packaging industry in China. Total loss to shareholders of 22% over the past year. Board Change • Nov 21
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Director Wang Shen was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Oct 27
Third quarter 2022 earnings released: EPS: CN¥0.15 (vs CN¥0.17 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.15. Revenue: CN¥132.2m (up 41% from 3Q 2021). Net income: CN¥19.5m (up 22% from 3Q 2021). Profit margin: 15% (down from 17% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 32% p.a. on average during the next 3 years, compared to a 19% growth forecast for the Packaging industry in China. Reported Earnings • Aug 31
Second quarter 2022 earnings released: EPS: CN¥0.17 (vs CN¥0.35 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.17. Revenue: CN¥88.0m (down 14% from 2Q 2021). Net income: CN¥21.5m (up 14% from 2Q 2021). Profit margin: 24% (up from 18% in 2Q 2021). The increase in margin was driven by lower expenses. Over the next year, revenue is forecast to grow 39%, compared to a 34% growth forecast for the Packaging industry in China. Annuncio • Jul 09
Ningbo Joy Intelligent Logistics Technology Co.,Ltd. Announces Board Appointments Ningbo Joy Intelligent Logistics Technology Co.,Ltd. announced the election of non-independent directors, are An Li. The company also announced the election of independent directors are Mao Xiaoxiao and Shen Wang. Annuncio • Jun 10
Ningbo Joy Intelligent Logistics Technology Co.,Ltd. Implements Cash Dividend, Payable on I6 June 2022 Ningbo Joy Intelligent Logistics Technology Co.,Ltd. announced 2021 final profit distribution plan to be implemented (A shares) as Cash dividend/10 shares (tax included): CNY 3.00000000. Record date as 15 June 2022, ex-date as 16 June 2022 and payment date as 16 June 2022. Valuation Update With 7 Day Price Move • Jun 10
Investor sentiment improved over the past week After last week's 30% share price gain to CN¥32.32, the stock trades at a trailing P/E ratio of 51.8x. Average trailing P/E is 29x in the Packaging industry in China. Annuncio • May 24
Ningbo Joy Intelligent Logistics Technology Co.,Ltd. Approves 2021 Profit Distribution Plan Ningbo Joy Intelligent Logistics Technology Co.,Ltd. approved 2021 profit distribution plan at the annual general meeting held on May 20, 2022. The company announced Cash dividend/10 shares (tax included) of CNY 3.00000000. Valuation Update With 7 Day Price Move • May 09
Investor sentiment improved over the past week After last week's 17% share price gain to CN¥25.81, the stock trades at a trailing P/E ratio of 41.4x. Average trailing P/E is 25x in the Packaging industry in China. Annuncio • Apr 27
Ningbo Joy Intelligent Logistics Technology Co.,Ltd. Proposes Final Cash Dividend for 2021 Ningbo Joy Intelligent Logistics Technology Co.,Ltd. proposed final cash dividend per 10 shares (tax included) of CNY 3.00000000 for 2021. Reported Earnings • Apr 27
First quarter 2022 earnings released: EPS: CN¥0.13 (vs CN¥0.16 in 1Q 2021) First quarter 2022 results: EPS: CN¥0.13. Revenue: CN¥94.8m (up 41% from 1Q 2021). Net income: CN¥13.4m (up 14% from 1Q 2021). Profit margin: 14% (down from 18% in 1Q 2021). The decrease in margin was driven by higher expenses. Valuation Update With 7 Day Price Move • Jan 25
Investor sentiment deteriorated over the past week After last week's 16% share price decline to CN¥30.31, the stock trades at a trailing P/E ratio of 46.5x. Average trailing P/E is 35x in the Packaging industry in China. Valuation Update With 7 Day Price Move • Dec 22
Investor sentiment deteriorated over the past week After last week's 15% share price decline to CN¥39.66, the stock trades at a trailing P/E ratio of 60.9x. Average trailing P/E is 37x in the Packaging industry in China.