Annuncio • Jun 30
Jiangmen Kanhoo Industry Co., Ltd to Report First Half, 2026 Results on Aug 26, 2026 Jiangmen Kanhoo Industry Co., Ltd announced that they will report first half, 2026 results on Aug 26, 2026 Board Change • May 20
Less than half of directors are independent There are 11 new directors who have joined the board in the last 3 years. Of these new board members, 4 were independent directors. The company's board is composed of: 11 new directors. 1 experienced director. No highly experienced directors. 4 independent directors (5 non-independent directors). Director Fen Tang is the most experienced director on the board, commencing their role in 2022. Non-Independent Director Yingqiang Huang was the last independent director to join the board, commencing their role in 2024. 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 • Apr 08
Jiangmen Kanhoo Industry Co., Ltd, Annual General Meeting, Apr 29, 2026 Jiangmen Kanhoo Industry Co., Ltd, Annual General Meeting, Apr 29, 2026, at 14:30 China Standard Time. Location: The Company's Meeting Room, Jiangmen, Guangdong China Annuncio • Mar 31
Jiangmen Kanhoo Industry Co., Ltd to Report Q1, 2026 Results on Apr 27, 2026 Jiangmen Kanhoo Industry Co., Ltd announced that they will report Q1, 2026 results on Apr 27, 2026 Annuncio • Dec 31
Jiangmen Kanhoo Industry Co., Ltd to Report Fiscal Year 2025 Results on Apr 09, 2026 Jiangmen Kanhoo Industry Co., Ltd announced that they will report fiscal year 2025 results on Apr 09, 2026 Annuncio • Sep 30
Jiangmen Kanhoo Industry Co., Ltd to Report Q3, 2025 Results on Oct 30, 2025 Jiangmen Kanhoo Industry Co., Ltd announced that they will report Q3, 2025 results on Oct 30, 2025 Annuncio • Jul 02
Jiangmen Kanhoo Industry Co., Ltd to Report First Half, 2025 Results on Aug 28, 2025 Jiangmen Kanhoo Industry Co., Ltd announced that they will report first half, 2025 results on Aug 28, 2025 Annuncio • Apr 29
Jiangmen Kanhoo Industry Co., Ltd, Annual General Meeting, May 20, 2025 Jiangmen Kanhoo Industry Co., Ltd, Annual General Meeting, May 20, 2025, at 14:30 China Standard Time. Annuncio • Mar 31
Jiangmen Kanhoo Industry Co., Ltd to Report Q1, 2025 Results on Apr 29, 2025 Jiangmen Kanhoo Industry Co., Ltd announced that they will report Q1, 2025 results on Apr 29, 2025 Annuncio • Dec 31
Jiangmen Kanhoo Industry Co., Ltd to Report Fiscal Year 2024 Results on Apr 19, 2025 Jiangmen Kanhoo Industry Co., Ltd announced that they will report fiscal year 2024 results on Apr 19, 2025 Reported Earnings • Oct 29
Third quarter 2024 earnings released: CN¥0.19 loss per share (vs CN¥0.30 loss in 3Q 2023) Third quarter 2024 results: CN¥0.19 loss per share (improved from CN¥0.30 loss in 3Q 2023). Revenue: CN¥458.3m (down 41% from 3Q 2023). Net loss: CN¥51.7m (loss narrowed 19% from 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 34% per year but the company’s share price has only fallen by 16% per year, which means it has not declined as severely as earnings. Annuncio • Sep 30
Jiangmen Kanhoo Industry Co., Ltd to Report Q3, 2024 Results on Oct 29, 2024 Jiangmen Kanhoo Industry Co., Ltd announced that they will report Q3, 2024 results on Oct 29, 2024 Annuncio • Aug 30
Jiangmen Kanhoo Industry Co., Ltd Announces Board and Executive Changes Jiangmen Kanhoo Industry Co. Ltd. at its EGM held on August 28, 2024 appointed Sun Ce, Yang Guangcheng and Lin Peirong as independent directors; Chen En, Zeng Fanyu, Wu Dehui and Huang Yingqiang as non-independent directors; Wu Yanqiu and Liu Fangfang as non-employee supervisor. Reported Earnings • Aug 27
Second quarter 2024 earnings released: CN¥0.17 loss per share (vs CN¥0.048 loss in 2Q 2023) Second quarter 2024 results: CN¥0.17 loss per share (further deteriorated from CN¥0.048 loss in 2Q 2023). Revenue: CN¥693.8m (down 17% from 2Q 2023). Net loss: CN¥47.4m (loss widened 367% from 2Q 2023). Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has fallen by 34% per year, which means it is performing significantly worse than earnings. Annuncio • Jun 29
Jiangmen Kanhoo Industry Co., Ltd to Report First Half, 2024 Results on Aug 27, 2024 Jiangmen Kanhoo Industry Co., Ltd announced that they will report first half, 2024 results on Aug 27, 2024 Annuncio • Apr 28
Jiangmen Kanhoo Industry Co., Ltd, Annual General Meeting, May 17, 2024 Jiangmen Kanhoo Industry Co., Ltd, Annual General Meeting, May 17, 2024, at 14:30 China Standard Time. Location: The Company's Meeting Room, Jiangmen, Guangdong 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 unrecovered losses account for one third of the paid-in capital; to consider 2023 profit distribution plan; to consider estimated external guarantee quota; and to consider other matters. New Risk • Apr 27
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -CN¥553m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CN¥553m free cash flow). Earnings have declined by 34% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (12% average weekly change). Shareholders have been diluted in the past year (30% increase in shares outstanding). Annuncio • Mar 30
Jiangmen Kanhoo Industry Co., Ltd to Report Q1, 2024 Results on Apr 26, 2024 Jiangmen Kanhoo Industry Co., Ltd announced that they will report Q1, 2024 results on Apr 26, 2024 Annuncio • Dec 30
Jiangmen Kanhoo Industry Co., Ltd to Report Fiscal Year 2023 Results on Apr 26, 2024 Jiangmen Kanhoo Industry Co., Ltd announced that they will report fiscal year 2023 results on Apr 26, 2024 Board Change • Dec 08
High number of new and inexperienced directors There are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. 1 experienced director. 2 highly experienced directors. Founder, Chairman, CEO, President & GM Guojiang Wan is the most experienced director on the board, commencing their role in 2007. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. New Risk • Dec 08
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 30% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 41% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (7.7% average weekly change). Shareholders have been diluted in the past year (30% increase in shares outstanding). New Risk • Dec 06
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 7.5% 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 41% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (7.5% average weekly change). Reported Earnings • Oct 26
Third quarter 2023 earnings released: CN¥0.30 loss per share (vs CN¥0.22 loss in 3Q 2022) Third quarter 2023 results: CN¥0.30 loss per share (further deteriorated from CN¥0.22 loss in 3Q 2022). Revenue: CN¥779.1m (down 28% from 3Q 2022). Net loss: CN¥63.8m (loss widened 36% from 3Q 2022). Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings. Annuncio • Sep 30
Jiangmen Kanhoo Industry Co., Ltd to Report Q3, 2023 Results on Oct 26, 2023 Jiangmen Kanhoo Industry Co., Ltd announced that they will report Q3, 2023 results on Oct 26, 2023 Reported Earnings • Aug 29
Second quarter 2023 earnings released: CN¥0.048 loss per share (vs CN¥0.13 loss in 2Q 2022) Second quarter 2023 results: CN¥0.048 loss per share (improved from CN¥0.13 loss in 2Q 2022). Revenue: CN¥838.7m (flat on 2Q 2022). Net loss: CN¥10.1m (loss narrowed 62% from 2Q 2022). Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings. New Risk • Jul 24
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 6.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CN¥30m free cash flow). Earnings have declined by 48% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (6.7% average weekly change). Reported Earnings • Apr 28
First quarter 2023 earnings released: CN¥0.10 loss per share (vs CN¥0.074 profit in 1Q 2022) First quarter 2023 results: CN¥0.10 loss per share (down from CN¥0.074 profit in 1Q 2022). Revenue: CN¥798.9m (up 1.7% from 1Q 2022). Net loss: CN¥22.1m (down 240% from profit in 1Q 2022). Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings. Reported Earnings • Oct 28
Third quarter 2022 earnings released: CN¥0.22 loss per share (vs CN¥0.069 profit in 3Q 2021) Third quarter 2022 results: CN¥0.22 loss per share (down from CN¥0.069 profit in 3Q 2021). Revenue: CN¥1.08b (up 16% from 3Q 2021). Net loss: CN¥47.0m (down 423% from profit in 3Q 2021). Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings. Buying Opportunity • Sep 01
Now 24% undervalued after recent price drop Over the last 90 days, the stock is down 7.3%. The fair value is estimated to be CN¥16.65, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 28% over the last 3 years. Meanwhile, the company became loss making. Reported Earnings • Aug 31
Second quarter 2022 earnings released: CN¥0.13 loss per share (vs CN¥0.028 profit in 2Q 2021) Second quarter 2022 results: CN¥0.13 loss per share (down from CN¥0.028 profit in 2Q 2021). Revenue: CN¥838.2m (up 2.4% from 2Q 2021). Net loss: CN¥26.6m (down CN¥32.5m from profit in 2Q 2021). Over the last 3 years on average, earnings per share has fallen by 40% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings. Reported Earnings • Apr 29
First quarter 2022 earnings released: EPS: CN¥0.074 (vs CN¥0.01 in 1Q 2021) First quarter 2022 results: EPS: CN¥0.074 (up from CN¥0.01 in 1Q 2021). Revenue: CN¥785.2m (up 28% from 1Q 2021). Net income: CN¥15.8m (up CN¥13.6m from 1Q 2021). Profit margin: 2.0% (up from 0.4% in 1Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 51 percentage points per year, which is a significant difference in performance. Board Change • Apr 27
High number of new directors There are 6 new directors who have joined the board in the last 3 years. Independent Director Guozhen Liu was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Oct 28
Third quarter 2021 earnings released: EPS CN¥0.069 (vs CN¥0.17 loss in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: CN¥932.2m (up 76% from 3Q 2020). Net income: CN¥14.6m (up CN¥49.5m from 3Q 2020). Profit margin: 1.6% (up from net loss in 3Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 130 percentage points per year, which is a significant difference in performance. Reported Earnings • Aug 28
Second quarter 2021 earnings released: EPS CN¥0.028 (vs CN¥0.20 loss in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CN¥819.0m (up 108% from 2Q 2020). Net income: CN¥5.92m (up CN¥49.0m from 2Q 2020). Profit margin: 0.7% (up from net loss in 2Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 151 percentage points per year, which is a significant difference in performance. Reported Earnings • Apr 28
First quarter 2021 earnings released: EPS CN¥0.01 (vs CN¥0.038 in 1Q 2020) The company reported a decent first quarter result with improved revenues, although earnings and profit margins were weaker. First quarter 2021 results: Revenue: CN¥615.4m (up 131% from 1Q 2020). Net income: CN¥2.17m (down 73% from 1Q 2020). Profit margin: 0.4% (down from 3.0% in 1Q 2020). Is New 90 Day High Low • Feb 04
New 90-day low: CN¥10.07 The company is down 16% from its price of CN¥11.95 on 06 November 2020. The Chinese market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 20% over the same period. Is New 90 Day High Low • Jan 04
New 90-day high: CN¥13.91 The company is up 9.0% from its price of CN¥12.73 on 30 September 2020. The Chinese market is up 8.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Chemicals industry, which is up 13% over the same period. Is New 90 Day High Low • Dec 10
New 90-day low: CN¥11.37 The company is down 17% from its price of CN¥13.70 on 11 September 2020. The Chinese market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 10.0% over the same period. Is New 90 Day High Low • Oct 31
New 90-day low: CN¥12.16 The company is down 2.0% from its price of CN¥12.37 on 31 July 2020. The Chinese market is down 3.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Chemicals industry, which is flat over the same period. Reported Earnings • Oct 30
Third quarter earnings released Over the last 12 months the company has reported total losses of CN¥59.8m, with earnings decreasing by CN¥82.7m from the prior year. Total revenue was CN¥1.75b over the last 12 months, down 4.8% from the prior year.