Annuncio • Jun 30
Qijing Machinery Co., Ltd. to Report First Half, 2026 Results on Aug 21, 2026 Qijing Machinery Co., Ltd. announced that they will report first half, 2026 results on Aug 21, 2026 Declared Dividend • Apr 27
Dividend reduced to CN¥0.20 Dividend of CN¥0.20 is 20% lower than last year. Ex-date: 30th April 2026 Payment date: 30th April 2026 Dividend yield will be 1.3%, which is lower than the industry average of 1.8%. Sustainability & Growth Dividend is not adequately covered by earnings (93% earnings payout ratio) and 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 3.5% per year over the past 9 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 3.4% to bring the payout ratio under control. However, EPS has declined by 8.5% over the last 5 years so the company would need to reverse this trend. Reported Earnings • Apr 25
First quarter 2026 earnings released: EPS: CN¥0.061 (vs CN¥0.096 in 1Q 2025) First quarter 2026 results: EPS: CN¥0.061 (down from CN¥0.096 in 1Q 2025). Revenue: CN¥487.3m (down 4.9% from 1Q 2025). Net income: CN¥11.7m (down 37% from 1Q 2025). Profit margin: 2.4% (down from 3.6% in 1Q 2025). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings. Annuncio • Mar 30
Qijing Machinery Co., Ltd. to Report Q1, 2026 Results on Apr 25, 2026 Qijing Machinery Co., Ltd. announced that they will report Q1, 2026 results on Apr 25, 2026 New Risk • Mar 27
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 2.3% Last year net profit margin: 3.4% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 4.1% per year over the past 5 years. Minor Risks Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (2.3% net profit margin). Reported Earnings • Mar 27
Full year 2025 earnings released: EPS: CN¥0.25 (vs CN¥0.35 in FY 2024) Full year 2025 results: EPS: CN¥0.25 (down from CN¥0.35 in FY 2024). Revenue: CN¥2.07b (up 3.2% from FY 2024). Net income: CN¥48.2m (down 28% from FY 2024). Profit margin: 2.3% (down from 3.4% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings. Annuncio • Mar 26
Qijing Machinery Co., Ltd., Annual General Meeting, Apr 16, 2026 Qijing Machinery Co., Ltd., Annual General Meeting, Apr 16, 2026, at 14:30 China Standard Time. Location: The Company's Meeting Room, Ningbo, Zhejiang China Annuncio • Dec 26
Qijing Machinery Co., Ltd. to Report Fiscal Year 2025 Results on Mar 27, 2026 Qijing Machinery Co., Ltd. announced that they will report fiscal year 2025 results on Mar 27, 2026 Valuation Update With 7 Day Price Move • Dec 12
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to CN¥17.74, the stock trades at a trailing P/E ratio of 50x. Average trailing P/E is 54x in the Electronic industry in China. Total returns to shareholders of 63% over the past three years. Reported Earnings • Oct 25
Third quarter 2025 earnings released: EPS: CN¥0.063 (vs CN¥0.053 in 3Q 2024) Third quarter 2025 results: EPS: CN¥0.063 (up from CN¥0.053 in 3Q 2024). Revenue: CN¥481.9m (down 2.5% from 3Q 2024). Net income: CN¥12.2m (up 20% from 3Q 2024). Profit margin: 2.5% (up from 2.1% in 3Q 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 21% per year, which means it is well ahead of earnings. Annuncio • Sep 30
Qijing Machinery Co., Ltd. to Report Q3, 2025 Results on Oct 25, 2025 Qijing Machinery Co., Ltd. announced that they will report Q3, 2025 results on Oct 25, 2025 Reported Earnings • Aug 22
Second quarter 2025 earnings released: EPS: CN¥0.11 (vs CN¥0.092 in 2Q 2024) Second quarter 2025 results: EPS: CN¥0.11 (up from CN¥0.092 in 2Q 2024). Revenue: CN¥544.3m (up 6.5% from 2Q 2024). Net income: CN¥22.0m (up 24% from 2Q 2024). Profit margin: 4.0% (up from 3.5% in 2Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 20% per year, which means it is well ahead of earnings. Annuncio • Jun 30
Qijing Machinery Co., Ltd. to Report First Half, 2025 Results on Aug 21, 2025 Qijing Machinery Co., Ltd. announced that they will report first half, 2025 results on Aug 21, 2025 Board Change • May 16
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 5 non-independent directors. Independent Director Jun Pan 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 • Apr 25
First quarter 2025 earnings released: EPS: CN¥0.096 (vs CN¥0.12 in 1Q 2024) First quarter 2025 results: EPS: CN¥0.096 (down from CN¥0.12 in 1Q 2024). Revenue: CN¥512.6m (up 11% from 1Q 2024). Net income: CN¥18.5m (down 23% from 1Q 2024). Profit margin: 3.6% (down from 5.2% in 1Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has increased by 26% per year, which means it is well ahead of earnings. Declared Dividend • Apr 24
Dividend increased to CN¥0.25 Dividend of CN¥0.25 is 25% higher than last year. Ex-date: 28th April 2025 Payment date: 28th April 2025 Dividend yield will be 1.2%, which is lower than the industry average of 1.8%. Sustainability & Growth Dividend is covered by earnings (66% 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 3.9% per year over the past 8 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to decline by 26% to shift the payout ratio to a potentially unsustainable range, which is more than the 2.6% EPS decline seen over the last 5 years. Valuation Update With 7 Day Price Move • Apr 18
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to CN¥21.87, the stock trades at a trailing P/E ratio of 62.5x. Average trailing P/E is 44x in the Electronic industry in China. Total returns to shareholders of 112% over the past three years. Annuncio • Mar 28
Qijing Machinery Co., Ltd. to Report Q1, 2025 Results on Apr 25, 2025 Qijing Machinery Co., Ltd. announced that they will report Q1, 2025 results on Apr 25, 2025 Valuation Update With 7 Day Price Move • Mar 28
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to CN¥23.18, the stock trades at a trailing P/E ratio of 66.2x. Average trailing P/E is 50x in the Electronic industry in China. Total returns to shareholders of 110% over the past three years. Annuncio • Mar 24
Qijing Machinery Co., Ltd., Annual General Meeting, Apr 11, 2025 Qijing Machinery Co., Ltd., Annual General Meeting, Apr 11, 2025, at 14:00 China Standard Time. Location: The Company's Meeting Room, Ningbo, Zhejiang China Reported Earnings • Mar 22
Full year 2024 earnings released: EPS: CN¥0.35 (vs CN¥0.36 in FY 2023) Full year 2024 results: EPS: CN¥0.35 (down from CN¥0.36 in FY 2023). Revenue: CN¥2.00b (up 13% from FY 2023). Net income: CN¥67.4m (down 2.5% from FY 2023). Profit margin: 3.4% (down from 3.9% in FY 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has increased by 33% per year, which means it is well ahead of earnings. New Risk • Mar 13
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 8.4% 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: Major Risk Earnings have declined by 2.2% per year over the past 5 years. Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (8.4% average weekly change). Valuation Update With 7 Day Price Move • Mar 13
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to CN¥19.25, the stock trades at a trailing P/E ratio of 64.1x. Average trailing P/E is 53x in the Electronic industry in China. Total returns to shareholders of 78% over the past three years. Valuation Update With 7 Day Price Move • Feb 19
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to CN¥16.50, the stock trades at a trailing P/E ratio of 55x. Average trailing P/E is 50x in the Electronic industry in China. Total returns to shareholders of 35% over the past three years. Valuation Update With 7 Day Price Move • Jan 20
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to CN¥14.56, the stock trades at a trailing P/E ratio of 48.4x. Average trailing P/E is 46x in the Electronic industry in China. Total returns to shareholders of 27% over the past three years. Annuncio • Dec 27
Qijing Machinery Co., Ltd. to Report Fiscal Year 2024 Results on Mar 22, 2025 Qijing Machinery Co., Ltd. announced that they will report fiscal year 2024 results on Mar 22, 2025 Reported Earnings • Oct 29
Third quarter 2024 earnings released: EPS: CN¥0.053 (vs CN¥0.11 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.053 (down from CN¥0.11 in 3Q 2023). Revenue: CN¥494.2m (up 11% from 3Q 2023). Net income: CN¥10.1m (down 50% from 3Q 2023). Profit margin: 2.1% (down from 4.6% in 3Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Oct 28
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to CN¥14.20, the stock trades at a trailing P/E ratio of 40.1x. Average trailing P/E is 45x in the Electronic industry in China. Total returns to shareholders of 38% over the past three years. Annuncio • Sep 30
Qijing Machinery Co., Ltd. to Report Q3, 2024 Results on Oct 25, 2024 Qijing Machinery Co., Ltd. announced that they will report Q3, 2024 results on Oct 25, 2024 Reported Earnings • Aug 21
Second quarter 2024 earnings released: EPS: CN¥0.092 (vs CN¥0.13 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.092 (down from CN¥0.13 in 2Q 2023). Revenue: CN¥510.9m (up 17% from 2Q 2023). Net income: CN¥17.7m (down 31% from 2Q 2023). Profit margin: 3.5% (down from 5.8% in 2Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 7% per year whereas the company’s share price has fallen by 8% per year. Annuncio • Jun 28
Qijing Machinery Co., Ltd. to Report First Half, 2024 Results on Aug 21, 2024 Qijing Machinery Co., Ltd. announced that they will report first half, 2024 results on Aug 21, 2024 Board Change • May 10
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. 3 experienced directors. No highly experienced directors. Independent Director Jun Pan is the most experienced director on the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Reported Earnings • Apr 24
First quarter 2024 earnings released: EPS: CN¥0.12 (vs CN¥0.089 in 1Q 2023) First quarter 2024 results: EPS: CN¥0.12 (up from CN¥0.089 in 1Q 2023). Revenue: CN¥461.2m (up 15% from 1Q 2023). Net income: CN¥23.9m (up 39% from 1Q 2023). Profit margin: 5.2% (up from 4.3% in 1Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings. Buy Or Sell Opportunity • Apr 16
Now 24% undervalued after recent price drop Over the last 90 days, the stock has fallen 25% to CN¥11.05. The fair value is estimated to be CN¥14.49, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Annuncio • Mar 29
Qijing Machinery Co., Ltd. to Report Q1, 2024 Results on Apr 24, 2024 Qijing Machinery Co., Ltd. announced that they will report Q1, 2024 results on Apr 24, 2024 Reported Earnings • Mar 22
Full year 2023 earnings released: EPS: CN¥0.36 (vs CN¥0.33 in FY 2022) Full year 2023 results: EPS: CN¥0.36 (up from CN¥0.33 in FY 2022). Revenue: CN¥1.77b (down 1.8% from FY 2022). Net income: CN¥69.2m (up 8.0% from FY 2022). Profit margin: 3.9% (up from 3.5% in FY 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 1% per year whereas the company’s share price has increased by 3% per year. Annuncio • Mar 21
Qijing Machinery Co., Ltd., Annual General Meeting, Apr 10, 2024 Qijing Machinery Co., Ltd., Annual General Meeting, Apr 10, 2024, at 14:00 China Standard Time. Location: The Company's Meeting Room, Ningbo, Zhejiang China Valuation Update With 7 Day Price Move • Feb 23
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to CN¥10.85, the stock trades at a trailing P/E ratio of 29.8x. Average trailing P/E is 35x in the Electronic industry in China. Negligible returns to shareholders over past three years. Valuation Update With 7 Day Price Move • Feb 06
Investor sentiment deteriorates as stock falls 26% After last week's 26% share price decline to CN¥8.96, the stock trades at a trailing P/E ratio of 24.6x. Average trailing P/E is 30x in the Electronic industry in China. Total loss to shareholders of 12% over the past three years. Valuation Update With 7 Day Price Move • Jan 23
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to CN¥12.50, the stock trades at a trailing P/E ratio of 34.4x. Average trailing P/E is 39x in the Electronic industry in China. Total returns to shareholders of 18% over the past three years. Annuncio • Dec 30
Qijing Machinery Co., Ltd. to Report Fiscal Year 2023 Results on Mar 21, 2024 Qijing Machinery Co., Ltd. announced that they will report fiscal year 2023 results on Mar 21, 2024 Reported Earnings • Oct 25
Third quarter 2023 earnings released: EPS: CN¥0.11 (vs CN¥0.097 in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.11 (up from CN¥0.097 in 3Q 2022). Revenue: CN¥443.6m (flat on 3Q 2022). Net income: CN¥20.4m (up 9.3% from 3Q 2022). Profit margin: 4.6% (up from 4.2% in 3Q 2022). Over the last 3 years on average, earnings per share has fallen by 1% per year whereas the company’s share price has increased by 1% per year. Buying Opportunity • Sep 14
Now 20% undervalued Over the last 90 days, the stock is up 3.9%. The fair value is estimated to be CN¥16.83, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.5% over the last 3 years, while earnings per share has been flat. Reported Earnings • Aug 24
Second quarter 2023 earnings released: EPS: CN¥0.13 (vs CN¥0.087 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.13 (up from CN¥0.087 in 2Q 2022). Revenue: CN¥438.1m (down 2.4% from 2Q 2022). Net income: CN¥25.5m (up 52% from 2Q 2022). Profit margin: 5.8% (up from 3.7% in 2Q 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 1% per year whereas the company’s share price has increased by 2% per year. New Risk • Jul 20
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 Risk Earnings have declined by 4.3% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (6.7% average weekly change). Valuation Update With 7 Day Price Move • Jul 12
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to CN¥15.97, the stock trades at a trailing P/E ratio of 51.7x. Average trailing P/E is 47x in the Electronic industry in China. Total returns to shareholders of 45% over the past three years. Annuncio • Jun 28
Qijing Machinery Co., Ltd. to Report First Half, 2023 Results on Aug 24, 2023 Qijing Machinery Co., Ltd. announced that they will report first half, 2023 results on Aug 24, 2023 Reported Earnings • Mar 24
Full year 2022 earnings released: EPS: CN¥0.33 (vs CN¥0.46 in FY 2021) Full year 2022 results: EPS: CN¥0.33 (down from CN¥0.46 in FY 2021). Revenue: CN¥1.80b (down 10.0% from FY 2021). Net income: CN¥64.0m (down 28% from FY 2021). Profit margin: 3.5% (down from 4.4% in FY 2021). Over the last 3 years on average, earnings per share has increased by 2% per year whereas the company’s share price has increased by 7% per year. Board Change • Nov 16
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. No highly experienced 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: Insufficient board refreshment. Reported Earnings • Oct 26
Third quarter 2022 earnings released: EPS: CN¥0.097 (vs CN¥0.13 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.097 (down from CN¥0.13 in 3Q 2021). Revenue: CN¥441.9m (down 5.0% from 3Q 2021). Net income: CN¥18.7m (down 27% from 3Q 2021). Profit margin: 4.2% (down from 5.5% in 3Q 2021). Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Reported Earnings • Aug 24
Second quarter 2022 earnings released: EPS: CN¥0.087 (vs CN¥0.15 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.087 (down from CN¥0.15 in 2Q 2021). Revenue: CN¥448.9m (down 9.9% from 2Q 2021). Net income: CN¥16.7m (down 43% from 2Q 2021). Profit margin: 3.7% (down from 5.9% in 2Q 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 3% per year whereas the company’s share price has increased by 1% per year. Valuation Update With 7 Day Price Move • Jun 29
Investor sentiment improved over the past week After last week's 18% share price gain to CN¥13.00, the stock trades at a trailing P/E ratio of 27.6x. Average trailing P/E is 36x in the Electronic industry in China. Total returns to shareholders of 15% over the past three years. Reported Earnings • Apr 28
First quarter 2022 earnings: EPS exceeds analyst expectations First quarter 2022 results: EPS: CN¥0.11 (up from CN¥0.11 in 1Q 2021). Revenue: CN¥443.9m (down 9.4% from 1Q 2021). Net income: CN¥21.9m (up 7.4% from 1Q 2021). Profit margin: 4.9% (up from 4.2% in 1Q 2021). The increase in margin was driven by lower expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 34%. 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 16% per year, which means it is significantly lagging earnings. Board Change • Apr 27
Insufficient new directors 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. 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: Insufficient board refreshment. Reported Earnings • Oct 27
Third quarter 2021 earnings released: EPS CN¥0.13 (vs CN¥0.11 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: CN¥465.4m (up 6.1% from 3Q 2020). Net income: CN¥25.7m (up 26% from 3Q 2020). Profit margin: 5.5% (up from 4.6% in 3Q 2020). The increase in margin was driven by higher revenue. 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 15% per year, which means it is performing significantly worse than earnings. Reported Earnings • Aug 18
Second quarter 2021 earnings released: EPS CN¥0.15 (vs CN¥0.099 in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CN¥498.1m (up 44% from 2Q 2020). Net income: CN¥29.4m (up 51% from 2Q 2020). Profit margin: 5.9% (up from 5.7% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 10% per year whereas the company’s share price has fallen by 11% per year. Reported Earnings • Apr 28
First quarter 2021 earnings released: EPS CN¥0.11 (vs CN¥0.06 in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: CN¥489.7m (up 69% from 1Q 2020). Net income: CN¥20.4m (up 83% from 1Q 2020). Profit margin: 4.2% (up from 3.8% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 14% per year and the company’s share price has also fallen by 14% per year. Reported Earnings • Mar 18
Full year 2020 earnings released: EPS CN¥0.29 (vs CN¥0.40 in FY 2019) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: CN¥1.56b (down 6.4% from FY 2019). Net income: CN¥56.2m (down 26% from FY 2019). Profit margin: 3.6% (down from 4.6% in FY 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 15% per year whereas the company’s share price has fallen by 13% per year. Annuncio • Jan 21
Qijing Machinery Co., Ltd. to Report Fiscal Year 2020 Results on Mar 17, 2021 Qijing Machinery Co., Ltd. announced that they will report fiscal year 2020 results on Mar 17, 2021 Is New 90 Day High Low • Jan 11
New 90-day low: CN¥10.25 The company is down 16% from its price of CN¥12.25 on 13 October 2020. The Chinese market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 2.0% over the same period. Valuation Update With 7 Day Price Move • Dec 15
Investor sentiment deteriorated over the past week After last week's 20% share price decline to CN¥10.97, the stock is trading at a trailing P/E ratio of 28.9x, down from the previous P/E ratio of 35.9x. This compares to an average P/E of 43x in the Electronic industry in China. Total return to shareholders over the past three years is a loss of 37%. Is New 90 Day High Low • Dec 08
New 90-day high: CN¥13.63 The company is up 9.0% from its price of CN¥12.46 on 09 September 2020. The Chinese market is up 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is up 2.0% over the same period. Reported Earnings • Oct 28
Third quarter earnings released Over the last 12 months the company has reported total profits of CN¥71.5m, down 12% from the prior year. Total revenue was CN¥1.58b over the last 12 months, largely unchanged from the prior year. Is New 90 Day High Low • Oct 22
New 90-day high: CN¥13.46 The company is up 12% from its price of CN¥12.03 on 24 July 2020. The Chinese market is down 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is down 1.0% over the same period. Annuncio • Jul 06
Qijing Machinery Co., Ltd. to Report First Half, 2020 Results on Aug 15, 2020 Qijing Machinery Co., Ltd. announced that they will report first half, 2020 results on Aug 15, 2020