Valuation Update With 7 Day Price Move • May 28
Investor sentiment improves as stock rises 27% After last week's 27% share price gain to CN¥43.05, the stock trades at a trailing P/E ratio of 76.9x. Average trailing P/E is 49x in the Chemicals industry in China. Total returns to shareholders of 27% over the past year. New Risk • May 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 9.0% 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: Major Risk Earnings have declined by 3.6% per year over the past 5 years. Minor Risks Dividend is not well covered by cash flows (151% cash payout ratio). Share price has been volatile over the past 3 months (9.0% average weekly change). Declared Dividend • May 23
Dividend of CN¥0.06 announced Shareholders will receive a dividend of CN¥0.06. Ex-date: 27th May 2026 Payment date: 27th May 2026 Dividend yield will be 0.3%, which is lower than the industry average of 2.6%. Sustainability & Growth Dividend is covered by earnings (26% earnings payout ratio) but not covered by cash flows (151% cash payout ratio). The dividend has decreased over the past 26 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to decline by 71% to shift the payout ratio to a potentially unsustainable range, which is more than the 8.9% EPS decline seen over the last 5 years. New Risk • May 18
New major risk - Revenue and earnings growth Earnings have declined by 3.6% 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 Risk Earnings have declined by 3.6% per year over the past 5 years. Minor Risk Dividend is not well covered by cash flows (151% cash payout ratio). New Risk • May 15
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 2025. 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. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (21% accrual ratio). Minor Risks Latest financial reports are more than 6 months old (reported September 2025 fiscal period end). Paying a dividend despite having no free cash flows. Valuation Update With 7 Day Price Move • May 13
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥46.67, the stock trades at a trailing P/E ratio of 54.6x. Average trailing P/E is 51x in the Chemicals industry in China. Total returns to shareholders of 18% over the past year. Annuncio • Apr 24
Nanjing CompTECH Composites Corporation, Annual General Meeting, May 18, 2026 Nanjing CompTECH Composites Corporation, Annual General Meeting, May 18, 2026, at 14:30 China Standard Time. Location: No. 106, Binxi Avenue, Jiangning District, Nanjing, Jiangsu China Annuncio • Mar 31
Nanjing CompTECH Composites Corporation to Report Q1, 2026 Results on Apr 27, 2026 Nanjing CompTECH Composites Corporation announced that they will report Q1, 2026 results on Apr 27, 2026 Valuation Update With 7 Day Price Move • Mar 23
Investor sentiment deteriorates as stock falls 20% After last week's 20% share price decline to CN¥38.63, the stock trades at a trailing P/E ratio of 45.2x. Average trailing P/E is 45x in the Chemicals industry in China. Total loss to shareholders of 7.3% over the past year. New Risk • Mar 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 7.9% 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 (7.9% average weekly change). Valuation Update With 7 Day Price Move • Jan 27
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to CN¥54.36, the stock trades at a trailing P/E ratio of 63.6x. Average trailing P/E is 50x in the Chemicals industry in China. Total returns to shareholders of 45% over the past year. Annuncio • Dec 31
Nanjing CompTECH Composites Corporation to Report Fiscal Year 2025 Results on Apr 24, 2026 Nanjing CompTECH Composites Corporation announced that they will report fiscal year 2025 results on Apr 24, 2026 Reported Earnings • Oct 28
Third quarter 2025 earnings released: EPS: CN¥0.20 (vs CN¥0.25 in 3Q 2024) Third quarter 2025 results: EPS: CN¥0.20 (down from CN¥0.25 in 3Q 2024). Revenue: CN¥107.4m (down 4.3% from 3Q 2024). Net income: CN¥17.4m (down 17% from 3Q 2024). Profit margin: 16% (down from 19% in 3Q 2024). The decrease in margin was driven by lower revenue. Annuncio • Sep 30
Nanjing CompTECH Composites Corporation to Report Q3, 2025 Results on Oct 28, 2025 Nanjing CompTECH Composites Corporation announced that they will report Q3, 2025 results on Oct 28, 2025 Reported Earnings • Sep 02
Second quarter 2025 earnings released: EPS: CN¥0.24 (vs CN¥0.26 in 2Q 2024) Second quarter 2025 results: EPS: CN¥0.24 (down from CN¥0.26 in 2Q 2024). Revenue: CN¥118.7m (up 3.1% from 2Q 2024). Net income: CN¥20.1m (down 5.0% from 2Q 2024). Profit margin: 17% (down from 18% in 2Q 2024). The decrease in margin was driven by higher expenses. Annuncio • Jul 02
Nanjing CompTECH Composites Corporation to Report First Half, 2025 Results on Aug 28, 2025 Nanjing CompTECH Composites Corporation announced that they will report first half, 2025 results on Aug 28, 2025 Declared Dividend • May 18
Dividend increased to CN¥0.32 Dividend of CN¥0.32 is 2.2% higher than last year. Ex-date: 23rd May 2025 Payment date: 23rd May 2025 Dividend yield will be 0.8%, which is lower than the industry average of 2.6%. Sustainability & Growth Dividend is covered by earnings (35% 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 company is yet to establish a track record of dividend growth or stability as it hasn't paid a regular dividend for at least 2 years. The company's earnings per share (EPS) would need to decline by 61% to shift the payout ratio to a potentially unsustainable range, which is more than the 4.7% EPS decline seen over the last 5 years. Buy Or Sell Opportunity • Apr 28
Now 24% overvalued after recent price rise Over the last 90 days, the stock has risen 3.2% to CN¥39.03. The fair value is estimated to be CN¥31.51, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 5.6% over the last year. Earnings per share has declined by 25%. Annuncio • Apr 23
Nanjing CompTECH Composites Corporation Proposes Final Cash Dividend for 2024 Nanjing CompTECH Composites Corporation announced on 22 April 2025 the profit distribution proposal for 2024 final Cash dividend CNY 3.20000000 per 10 shares (tax included). Reported Earnings • Apr 22
Full year 2024 earnings released: EPS: CN¥0.89 (vs CN¥1.19 in FY 2023) Full year 2024 results: EPS: CN¥0.89 (down from CN¥1.19 in FY 2023). Revenue: CN¥411.6m (up 5.6% from FY 2023). Net income: CN¥72.0m (down 4.3% from FY 2023). Profit margin: 18% (down from 19% in FY 2023). The decrease in margin was driven by higher expenses. Annuncio • Apr 22
Nanjing CompTECH Composites Corporation, Annual General Meeting, May 13, 2025 Nanjing CompTECH Composites Corporation, Annual General Meeting, May 13, 2025, at 14:30 China Standard Time. Location: No. 106, Binxi Avenue, Jiangning District, Nanjing, Jiangsu China New Risk • Apr 07
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 8.7% 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. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (25% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (8.7% average weekly change). Valuation Update With 7 Day Price Move • Apr 07
Investor sentiment deteriorates as stock falls 21% After last week's 21% share price decline to CN¥29.95, the stock trades at a trailing P/E ratio of 33.4x. Average trailing P/E is 37x in the Chemicals industry in China. Total loss to shareholders of 28% over the past year. Annuncio • Mar 31
Nanjing CompTECH Composites Corporation to Report Q1, 2025 Results on Apr 28, 2025 Nanjing CompTECH Composites Corporation announced that they will report Q1, 2025 results on Apr 28, 2025 New Risk • Feb 19
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 (25% 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 • Jan 24
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to CN¥40.43, the stock trades at a trailing P/E ratio of 45.1x. Average trailing P/E is 33x in the Chemicals industry in China. Valuation Update With 7 Day Price Move • Jan 03
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to CN¥33.83, the stock trades at a trailing P/E ratio of 37.8x. Average trailing P/E is 35x in the Chemicals industry in China. Annuncio • Dec 31
Nanjing CompTECH Composites Corporation to Report Fiscal Year 2024 Results on Apr 22, 2025 Nanjing CompTECH Composites Corporation announced that they will report fiscal year 2024 results on Apr 22, 2025 Valuation Update With 7 Day Price Move • Dec 11
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to CN¥45.00, the stock trades at a trailing P/E ratio of 50.2x. Average trailing P/E is 37x in the Chemicals industry in China. Reported Earnings • Oct 24
Third quarter 2024 earnings released: EPS: CN¥0.25 (vs CN¥0.26 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.25. Revenue: CN¥112.2m (up 18% from 3Q 2023). Net income: CN¥21.0m (up 27% from 3Q 2023). Profit margin: 19% (up from 17% in 3Q 2023). The increase in margin was driven by higher revenue. Valuation Update With 7 Day Price Move • Oct 15
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to CN¥34.85, the stock trades at a trailing P/E ratio of 41.1x. Average trailing P/E is 31x in the Chemicals industry in China. Annuncio • Sep 30
Nanjing CompTECH Composites Corporation to Report Q3, 2024 Results on Oct 24, 2024 Nanjing CompTECH Composites Corporation announced that they will report Q3, 2024 results on Oct 24, 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¥33.80, the stock trades at a trailing P/E ratio of 39.8x. Average trailing P/E is 29x in the Chemicals industry in China. Reported Earnings • Aug 27
Second quarter 2024 earnings released Second quarter 2024 results: EPS: CN¥0.26. Net income: CN¥21.1m (up CN¥21.1m from 2Q 2023). Annuncio • Jun 29
Nanjing CompTECH Composites Corporation to Report First Half, 2024 Results on Aug 27, 2024 Nanjing CompTECH Composites Corporation announced that they will report first half, 2024 results on Aug 27, 2024 Valuation Update With 7 Day Price Move • Jun 26
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to CN¥40.37, the stock trades at a trailing P/E ratio of 46.4x. Average trailing P/E is 29x in the Chemicals industry in China. Valuation Update With 7 Day Price Move • Jun 05
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to CN¥44.27, the stock trades at a trailing P/E ratio of 50.9x. Average trailing P/E is 31x in the Chemicals industry in China. Valuation Update With 7 Day Price Move • May 17
Investor sentiment improves as stock rises 26% After last week's 26% share price gain to CN¥48.92, the stock trades at a trailing P/E ratio of 56.2x. Average trailing P/E is 33x in the Chemicals industry in China. New Risk • May 07
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 20% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (20% accrual ratio). Minor Risks Dividend is not well covered by cash flows (332% cash payout ratio). Share price has been volatile over the past 3 months (10% average weekly change). Annuncio • Apr 28
Nanjing CompTECH Composites Corporation, Annual General Meeting, May 20, 2024 Nanjing CompTECH Composites Corporation, Annual General Meeting, May 20, 2024, at 14:30 China Standard Time. Location: The Company's Meeting Room, Hangzhou, Zhejiang China Agenda: To consider 2023 work report of the board of directors; to consider 2023 work report of the supervisory committee; to consider 2023 annual report and its summary; to consider 2023 annual accounts report; to consider 2024 financial budget report; to consider 2023 profit distribution plan; to consider Reappointment of 2024 audit firm; to consider 2023 remuneration for directors and allowance for independent directors and 2024 estimated remuneration and allowance; to consider 2023 remuneration results for supervisors and 2024 estimated remuneration; to consider Amendments to the Company's articles of association; to consider Amendments to the Company's rules of procedure governing shareholders' general meetings; to consider Amendments to the work system for independent directors; and to consider other matters. Annuncio • Apr 27
Nanjing CompTECH Composites Corporation Proposes Final Cash Dividend for the Year 2023 Nanjing CompTECH Composites Corporation proposed final cash dividend/10 shares (tax included) of CNY 3.13000000 for the year 2023. Valuation Update With 7 Day Price Move • Apr 16
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to CN¥36.15, the stock trades at a trailing P/E ratio of 41.5x. Average trailing P/E is 28x in the Chemicals industry in China. Annuncio • Mar 30
Nanjing CompTECH Composites Corporation to Report Q1, 2024 Results on Apr 29, 2024 Nanjing CompTECH Composites Corporation announced that they will report Q1, 2024 results on Apr 29, 2024 Board Change • Feb 28
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. No highly experienced directors. 1 independent director (2 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. 
