Annuncio • Apr 28
Nanjing Public Utilities Development Co., Ltd., Annual General Meeting, May 20, 2026 Nanjing Public Utilities Development Co., Ltd., Annual General Meeting, May 20, 2026, at 14:00 China Standard Time. Location: The Company's Meeting Room, Nanjing, Jiangsu China New Risk • Apr 23
New minor risk - Financial position The company has a high level of debt. Net debt to equity ratio: 40% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 6.0% per year over the past 5 years. Minor Risks High level of debt (40% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Reported Earnings • Apr 12
Full year 2025 earnings released: EPS: CN¥0.084 (vs CN¥0.08 in FY 2024) Full year 2025 results: EPS: CN¥0.084 (up from CN¥0.08 in FY 2024). Revenue: CN¥6.98b (up 6.3% from FY 2024). Net income: CN¥48.1m (up 4.7% from FY 2024). Profit margin: 0.7% (in line with FY 2024). Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth. New Risk • Apr 12
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 33% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 6.0% 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. Large one-off items impacting financial results. Annuncio • Mar 31
Nanjing Public Utilities Development Co., Ltd. to Report Q1, 2026 Results on Apr 28, 2026 Nanjing Public Utilities Development Co., Ltd. announced that they will report Q1, 2026 results on Apr 28, 2026 Board Change • Mar 01
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Non-Independent Director Jianhua Yao was the last director to join the board, commencing their role in 2026. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Annuncio • Dec 31
Nanjing Public Utilities Development Co., Ltd. to Report Fiscal Year 2025 Results on Apr 13, 2026 Nanjing Public Utilities Development Co., Ltd. announced that they will report fiscal year 2025 results on Apr 13, 2026 Reported Earnings • Oct 28
Third quarter 2025 earnings released: EPS: CN¥0.15 (vs CN¥0.006 in 3Q 2024) Third quarter 2025 results: EPS: CN¥0.15 (up from CN¥0.006 in 3Q 2024). Revenue: CN¥3.10b (up 166% from 3Q 2024). Net income: CN¥84.6m (up CN¥81.4m from 3Q 2024). Profit margin: 2.7% (up from 0.3% in 3Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has increased by 17% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Aug 23
Second quarter 2025 earnings released: CN¥0.003 loss per share (vs CN¥0.04 loss in 2Q 2024) Second quarter 2025 results: CN¥0.003 loss per share (improved from CN¥0.04 loss in 2Q 2024). Revenue: CN¥823.8m (down 15% from 2Q 2024). Net loss: CN¥1.63m (loss narrowed 93% from 2Q 2024). 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 6% per year, which means it is well ahead of earnings. Annuncio • Jul 02
Nanjing Public Utilities Development Co., Ltd. to Report First Half, 2025 Results on Aug 22, 2025 Nanjing Public Utilities Development Co., Ltd. announced that they will report first half, 2025 results on Aug 22, 2025 Annuncio • May 10
Nanjing Public Utilities Development Co., Ltd. Approves Cash Dividend for 2024 Nanjing Public Utilities Development Co., Ltd. at its Annual General Meeting held on 07 May 2025 approved the cash dividend of CNY 0.60000000 per 10 shares (tax included) for 2024. New Risk • May 05
New minor risk - Financial position The company has a high level of debt. Net debt to equity ratio: 45% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 42% per year over the past 5 years. Minor Risks High level of debt (45% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Annuncio • Apr 12
Nanjing Public Utilities Development Co., Ltd. Proposes Final Cash Dividend for the Year 2024 Nanjing Public Utilities Development Co., Ltd. proposed final cash dividend of CNY 0.60000000 per ten shares (tax included) for the year 2024. Reported Earnings • Apr 11
Full year 2024 earnings released: EPS: CN¥0.08 (vs CN¥0.16 loss in FY 2023) Full year 2024 results: EPS: CN¥0.08 (up from CN¥0.16 loss in FY 2023). Revenue: CN¥6.57b (up 42% from FY 2023). Net income: CN¥45.9m (up CN¥136.2m from FY 2023). Profit margin: 0.7% (up from net loss in FY 2023). 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 77 percentage points per year, which is a significant difference in performance. Annuncio • Apr 11
Nanjing Public Utilities Development Co., Ltd., Annual General Meeting, May 07, 2025 Nanjing Public Utilities Development Co., Ltd., Annual General Meeting, May 07, 2025, at 14:00 China Standard Time. Location: The Company's Meeting Room, Nanjing, Jiangsu China Annuncio • Mar 31
Nanjing Public Utilities Development Co., Ltd. to Report Q1, 2025 Results on Apr 29, 2025 Nanjing Public Utilities Development Co., Ltd. announced that they will report Q1, 2025 results on Apr 29, 2025 Annuncio • Dec 31
Nanjing Public Utilities Development Co., Ltd. to Report Fiscal Year 2024 Results on Apr 11, 2025 Nanjing Public Utilities Development Co., Ltd. announced that they will report fiscal year 2024 results on Apr 11, 2025 Reported Earnings • Oct 26
Third quarter 2024 earnings released: EPS: CN¥0.006 (vs CN¥0.051 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.006 (down from CN¥0.051 in 3Q 2023). Revenue: CN¥1.17b (up 23% from 3Q 2023). Net income: CN¥3.26m (down 89% from 3Q 2023). Profit margin: 0.3% (down from 3.1% 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 42% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings. Annuncio • Sep 30
Nanjing Public Utilities Development Co., Ltd. to Report Q3, 2024 Results on Oct 26, 2024 Nanjing Public Utilities Development Co., Ltd. announced that they will report Q3, 2024 results on Oct 26, 2024 Reported Earnings • Aug 22
Second quarter 2024 earnings released: CN¥0.04 loss per share (vs CN¥0.008 loss in 2Q 2023) Second quarter 2024 results: CN¥0.04 loss per share (further deteriorated from CN¥0.008 loss in 2Q 2023). Revenue: CN¥969.9m (down 4.9% from 2Q 2023). Net loss: CN¥22.8m (loss widened 401% from 2Q 2023). Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Annuncio • Jun 29
Nanjing Public Utilities Development Co., Ltd. to Report First Half, 2024 Results on Aug 22, 2024 Nanjing Public Utilities Development Co., Ltd. announced that they will report first half, 2024 results on Aug 22, 2024 Board Change • Jun 01
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 5 experienced directors. 1 highly experienced director. Independent Director Xiangyang Qiu was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Annuncio • May 29
Nanjing Public Utilities Development Co., Ltd., Annual General Meeting, Jun 19, 2024 Nanjing Public Utilities Development Co., Ltd., Annual General Meeting, Jun 19, 2024, at 14:00 China Standard Time. Location: The Company's Meeting Room, Nanjing, Jiangsu China Reported Earnings • Apr 26
First quarter 2024 earnings released: EPS: CN¥0.009 (vs CN¥0.004 loss in 1Q 2023) First quarter 2024 results: EPS: CN¥0.009 (up from CN¥0.004 loss in 1Q 2023). Revenue: CN¥1.50b (up 9.8% from 1Q 2023). Net income: CN¥5.11m (up CN¥7.28m from 1Q 2023). Profit margin: 0.3% (up from net loss in 1Q 2023). Over the last 3 years on average, earnings per share has fallen by 12% 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. Reported Earnings • Apr 12
Full year 2023 earnings released: CN¥0.16 loss per share (vs CN¥0.10 profit in FY 2022) Full year 2023 results: CN¥0.16 loss per share (down from CN¥0.10 profit in FY 2022). Revenue: CN¥4.63b (down 35% from FY 2022). Net loss: CN¥90.3m (down 249% from profit in FY 2022). Over the last 3 years on average, earnings per share has fallen by 19% 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. Valuation Update With 7 Day Price Move • Apr 10
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to CN¥6.04, the stock trades at a trailing P/E ratio of 32.6x. Average trailing P/E is 17x in the Gas Utilities industry in China. Total returns to shareholders of 12% over the past three years. Annuncio • Mar 30
Nanjing Public Utilities Development Co., Ltd. to Report Q1, 2024 Results on Apr 26, 2024 Nanjing Public Utilities Development Co., Ltd. announced that they will report Q1, 2024 results on Apr 26, 2024 Valuation Update With 7 Day Price Move • Feb 02
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to CN¥5.16, the stock trades at a trailing P/E ratio of 27.8x. Average trailing P/E is 17x in the Gas Utilities industry in China. Total returns to shareholders of 13% over the past three years. Annuncio • Dec 29
Nanjing Public Utilities Development Co., Ltd. to Report Fiscal Year 2023 Results on Apr 12, 2024 Nanjing Public Utilities Development Co., Ltd. announced that they will report fiscal year 2023 results on Apr 12, 2024 Valuation Update With 7 Day Price Move • Dec 11
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to CN¥6.96, the stock trades at a trailing P/E ratio of 37.6x. Average trailing P/E is 19x in the Gas Utilities industry in China. Total returns to shareholders of 24% over the past three years. Annuncio • Sep 30
Nanjing Public Utilities Development Co., Ltd. to Report Q3, 2023 Results on Oct 27, 2023 Nanjing Public Utilities Development Co., Ltd. announced that they will report Q3, 2023 results on Oct 27, 2023 Reported Earnings • Apr 13
Full year 2022 earnings released: EPS: CN¥0.10 (vs CN¥0.17 in FY 2021) Full year 2022 results: EPS: CN¥0.10 (down from CN¥0.17 in FY 2021). Revenue: CN¥7.11b (up 98% from FY 2021). Net income: CN¥60.5m (down 39% from FY 2021). Profit margin: 0.9% (down from 2.7% in FY 2021). Over the last 3 years on average, earnings per share has fallen by 45% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Nov 30
Investor sentiment improved over the past week After last week's 17% share price gain to CN¥5.90, the stock trades at a trailing P/E ratio of 46.3x. Average trailing P/E is 42x in the Transportation industry in China. Total returns to shareholders of 44% over the past three years. Reported Earnings • Oct 28
Third quarter 2022 earnings released: CN¥0.017 loss per share (vs CN¥0.03 loss in 3Q 2021) Third quarter 2022 results: CN¥0.017 loss per share (improved from CN¥0.03 loss in 3Q 2021). Revenue: CN¥863.1m (up 44% from 3Q 2021). Net loss: CN¥9.54m (loss narrowed 49% from 3Q 2021). Over the last 3 years on average, earnings per share has fallen by 39% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Sep 06
Investor sentiment improved over the past week After last week's 16% share price gain to CN¥6.91, the stock trades at a trailing P/E ratio of 62x. Average trailing P/E is 48x in the Transportation industry in China. Total returns to shareholders of 58% over the past three years. Reported Earnings • Aug 26
Second quarter 2022 earnings released: CN¥0.002 loss per share (vs CN¥0.006 profit in 2Q 2021) Second quarter 2022 results: CN¥0.002 loss per share (down from CN¥0.006 profit in 2Q 2021). Revenue: CN¥1.15b (up 69% from 2Q 2021). Net loss: CN¥1.26m (down 137% from profit in 2Q 2021). Over the last 3 years on average, earnings per share has fallen by 33% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Jul 27
Investor sentiment improved over the past week After last week's 18% share price gain to CN¥5.61, the stock trades at a trailing P/E ratio of 46.9x. Average trailing P/E is 49x in the Transportation industry in China. Total returns to shareholders of 30% over the past three years. Annuncio • Jul 23
Nanjing Public Utilities Development Co., Ltd. announced that it expects to receive CNY 1 billion in funding Nanjing Public Utilities Development Co., Ltd. announced a private placement to issue not more than CNY 1,000,000,000 on July 21, 2022. The transaction will include participation from no more than 200 investors and the number of issuance objects. The specific issuance method is submitted to the general meeting of shareholders to authorize the board of directors and agree to the board of directors to authorize the company's management. The issue of the corporate bonds is still subject to the deliberation and approval of the company's general meeting of shareholders, and the issuance approval of the Shenzhen Stock Exchange before it can be implemented.
On July 21, 2022, the company announced the transaction has been approved at the 18th meeting of the of the 11th Board of Directors of the company. Annuncio • Jun 24
Nanjing Public Utilities Development Co., Ltd. Approves Final Profit Distribution on A Shares, Payable on June 30, 2022 Nanjing Public Utilities Development Co., Ltd. approved final profit distribution plan to be implemented (A shares) (tax included) is CNY 1.000000 per 10 shares for the year 2021. Record date is June 29, 2022. Ex-date is June 30, 2022. The dividend will be payable on June 30, 2022. Annuncio • May 29
Nanjing Public Utilities Development Co., Ltd. Approves Profit Distribution for 2021 Nanjing Public Utilities Development Co., Ltd. approves cash dividend CNY 1.00000000 for 10 shares (tax included). Annuncio • May 07
Nanjing Public Utilities Development Co., Ltd., Annual General Meeting, May 26, 2022 Nanjing Public Utilities Development Co., Ltd., Annual General Meeting, May 26, 2022, at 14:00 China Standard Time. Agenda: To consider work report of the board of directors; to consider 2021 work report of the board of directors; to consider 2021 work report of the supervisory committee; to consider 2021 annual report and its summary; to consider profit distribution plan; and to consider other matters. Board Change • Apr 27
High number of new directors There are 6 new directors who have joined the board in the last 3 years. Deputy GM & Non-Independent Director Wei Zhou 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. Annuncio • Apr 16
Nanjing Public Utilities Development Co., Ltd. Announces Final Cash Dividend Proposal for 2021 Nanjing Public Utilities Development Co., Ltd. announced on April 15, 2022 the profit distribution proposal for 2021. The company announced final cash dividend/10 shares (tax included) of CNY 1.00000000. Reported Earnings • Apr 16
Full year 2021 earnings: EPS and revenues miss analyst expectations Full year 2021 results: EPS: CN¥0.17 (down from CN¥0.39 in FY 2020). Revenue: CN¥3.59b (down 48% from FY 2020). Net income: CN¥98.7m (down 56% from FY 2020). Profit margin: 2.7% (down from 3.3% in FY 2020). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 7.2%. Earnings per share (EPS) also missed analyst estimates by 20%. Over the last 3 years on average, earnings per share has fallen by 21% 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 • Nov 01
Third quarter 2021 earnings released: CN¥0.03 loss per share (vs CN¥0.002 profit in 3Q 2020) The company reported a soft third quarter result with weaker earnings and weaker control over costs, although revenues improved. Third quarter 2021 results: Revenue: CN¥600.7m (up 2.5% from 3Q 2020). Net loss: CN¥18.7m (down CN¥19.6m from profit in 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 20% 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 • Aug 22
Second quarter 2021 earnings released: EPS CN¥0.006 (vs CN¥0.69 in 2Q 2020) The company reported a poor second quarter result with weaker earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CN¥679.0m (down 85% from 2Q 2020). Net income: CN¥3.43m (down 99% from 2Q 2020). Profit margin: 0.5% (down from 8.9% in 2Q 2020). 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 remained flat. Annuncio • May 21
Nanjing Public Utilities Development Co., Ltd. Approves Cash Dividend for 2020 Nanjing Public Utilities Development Co., Ltd. approved cash dividend of CNY 0.65000000 per 10 shares (tax included) for 2020, at its AGM held on 18 May 2021. Reported Earnings • Apr 15
Full year 2020 earnings released: EPS CN¥0.39 (vs CN¥0.18 in FY 2019) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: CN¥6.84b (up 90% from FY 2019). Net income: CN¥225.1m (up 122% from FY 2019). Profit margin: 3.3% (up from 2.8% in FY 2019). The increase in margin was driven by higher revenue. 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 4% per year, which means it is significantly lagging earnings growth. Annuncio • Mar 04
Nanjing Public Utilities Development Co., Ltd. to Report Fiscal Year 2020 Results on Apr 16, 2021 Nanjing Public Utilities Development Co., Ltd. announced that they will report fiscal year 2020 results on Apr 16, 2021 Is New 90 Day High Low • Jan 28
New 90-day low: CN¥5.52 The company is down 10.0% from its price of CN¥6.12 on 30 October 2020. The Chinese market is up 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Transportation industry, which is down 4.0% over the same period. Valuation Update With 7 Day Price Move • Jan 11
Investor sentiment deteriorated over the past week After last week's 17% share price decline to CN¥5.69, the stock is trading at a trailing P/E ratio of 7.8x, down from the previous P/E ratio of 9.4x. This compares to an average P/E of 34x in the Transportation industry in China. Total return to shareholders over the past three years is a loss of 3.1%. Valuation Update With 7 Day Price Move • Dec 28
Investor sentiment improved over the past week After last week's 22% share price gain to CN¥7.28, the stock is trading at a trailing P/E ratio of 10x, up from the previous P/E ratio of 8.2x. This compares to an average P/E of 36x in the Transportation industry in China. Total returns to shareholders over the past three years are 22%. Is New 90 Day High Low • Dec 15
New 90-day low: CN¥5.86 The company is down 9.0% from its price of CN¥6.43 on 16 September 2020. The Chinese market is up 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Transportation industry, which is down 7.0% over the same period. Is New 90 Day High Low • Oct 30
New 90-day low: CN¥6.12 The company is down 28% from its price of CN¥8.47 on 31 July 2020. The Chinese market is down 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Transportation industry, which is down 9.0% over the same period. Reported Earnings • Oct 29
Third quarter earnings released Over the last 12 months the company has reported total profits of CN¥417.4m, up 275% from the prior year. Total revenue was CN¥6.87b over the last 12 months, up 86% from the prior year. Annuncio • Jul 24
Nanjing Public Utilities Development Co., Ltd. to Report First Half, 2020 Results on Aug 20, 2020 Nanjing Public Utilities Development Co., Ltd. announced that they will report first half, 2020 results on Aug 20, 2020