Declared Dividend • Jul 13
Dividend increased to CN¥0.13 Dividend of CN¥0.13 is 30% higher than last year. Ex-date: 14th July 2026 Payment date: 14th July 2026 Dividend yield will be 1.9%, which is higher than the industry average of 1.2%. Sustainability & Growth Dividend is covered by earnings (15% 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 56 years, indicating a lack of growth and stability in payments. EPS is expected to decline by 1.4% over the next 3 years. However, it would need to fall by 84% to increase the payout ratio to a potentially unsustainable range. Annuncio • Jun 30
Jiangsu Guoxin Corp. Ltd. to Report First Half, 2026 Results on Aug 22, 2026 Jiangsu Guoxin Corp. Ltd. announced that they will report first half, 2026 results on Aug 22, 2026 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¥6.95, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 20x in the Electric Utilities industry in China. Total loss to shareholders of 4.5% over the past three years. Valuation Update With 7 Day Price Move • Jun 01
Investor sentiment improves as stock rises 23% After last week's 23% share price gain to CN¥10.12, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 24x in the Electric Utilities industry in China. Total returns to shareholders of 43% over the past three years. New Risk • May 06
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 2.1% per year for the foreseeable future. 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 expected to decline, then in most cases the share price will decline over time as well. 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 Debt is not well covered by operating cash flow (16% operating cash flow to total debt). Earnings are forecast to decline by an average of 2.1% per year for the foreseeable future. Minor Risk Paying a dividend despite having no free cash flows. Reported Earnings • Apr 21
Full year 2025 earnings released: EPS: CN¥0.92 (vs CN¥0.86 in FY 2024) Full year 2025 results: EPS: CN¥0.92 (up from CN¥0.86 in FY 2024). Revenue: CN¥35.5b (down 3.8% from FY 2024). Net income: CN¥3.47b (up 7.0% from FY 2024). Profit margin: 9.8% (up from 8.8% in FY 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 57% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. Annuncio • Apr 20
Jiangsu Guoxin Corp. Ltd., Annual General Meeting, May 15, 2026 Jiangsu Guoxin Corp. Ltd., Annual General Meeting, May 15, 2026, at 14:30 China Standard Time. Location: No. 88, Changjiang Road, Xuanwu District, Nanjing, Jiangsu China Annuncio • Mar 31
Jiangsu Guoxin Corp. Ltd. to Report Q1, 2026 Results on Apr 25, 2026 Jiangsu Guoxin Corp. Ltd. announced that they will report Q1, 2026 results on Apr 25, 2026 Annuncio • Dec 31
Jiangsu Guoxin Corp. Ltd. to Report Fiscal Year 2025 Results on Apr 21, 2026 Jiangsu Guoxin Corp. Ltd. announced that they will report fiscal year 2025 results on Apr 21, 2026 Board Change • Dec 12
High number of new directors Supervisor Lin Shen was the last director to join the board, commencing their role in 2024. Reported Earnings • Oct 25
Third quarter 2025 earnings released: EPS: CN¥0.32 (vs CN¥0.26 in 3Q 2024) Third quarter 2025 results: EPS: CN¥0.32 (up from CN¥0.26 in 3Q 2024). Revenue: CN¥10.5b (up 2.5% from 3Q 2024). Net income: CN¥1.20b (up 24% from 3Q 2024). Profit margin: 12% (up from 9.5% in 3Q 2024). Revenue is forecast to grow 4.4% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Electric Utilities industry in China. Over the last 3 years on average, earnings per share has increased by 73% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth. Annuncio • Sep 30
Jiangsu Guoxin Corp. Ltd. to Report Q3, 2025 Results on Oct 25, 2025 Jiangsu Guoxin Corp. Ltd. announced that they will report Q3, 2025 results on Oct 25, 2025 New Risk • Aug 27
New major risk - Financial position The company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 18% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (18% operating cash flow to total debt). Minor Risk Paying a dividend despite having no free cash flows. Reported Earnings • Aug 26
Second quarter 2025 earnings released: EPS: CN¥0.31 (vs CN¥0.31 in 2Q 2024) Second quarter 2025 results: EPS: CN¥0.31 (down from CN¥0.31 in 2Q 2024). Revenue: CN¥7.93b (down 8.8% from 2Q 2024). Net income: CN¥1.17b (flat on 2Q 2024). Profit margin: 15% (up from 14% in 2Q 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 87% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. Declared Dividend • Jul 14
Dividend of CN¥0.10 announced Dividend of CN¥0.10 is the same as last year. Ex-date: 18th July 2025 Payment date: 18th July 2025 Dividend yield will be 1.3%, which is about the same as the industry average. Sustainability & Growth Dividend is covered by earnings (11% 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 46 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 3.0% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Annuncio • Jul 02
Jiangsu Guoxin Corp. Ltd. to Report First Half, 2025 Results on Aug 26, 2025 Jiangsu Guoxin Corp. Ltd. announced that they will report first half, 2025 results on Aug 26, 2025 Annuncio • May 22
Jiangsu Guoxin Corp. Ltd. Approves Cash Dividend for 2024 Jiangsu Guoxin Corp. Ltd. at its Annual General Meeting of 2024 on 20 May 2025, approved Cash dividend (tax included): CNY 1.00000000 per ten share. Reported Earnings • Apr 26
First quarter 2025 earnings released: EPS: CN¥0.23 (vs CN¥0.21 in 1Q 2024) First quarter 2025 results: EPS: CN¥0.23 (up from CN¥0.21 in 1Q 2024). Revenue: CN¥7.76b (down 14% from 1Q 2024). Net income: CN¥864.3m (up 11% from 1Q 2024). Profit margin: 11% (up from 8.6% in 1Q 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 99% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth. Annuncio • Apr 26
Jiangsu Guoxin Corp. Ltd., Annual General Meeting, May 20, 2025 Jiangsu Guoxin Corp. Ltd., Annual General Meeting, May 20, 2025, at 14:30 China Standard Time. Location: No. 88, Changjiang Road, Xuanwu District, Nanjing, Jiangsu China Annuncio • Mar 31
Jiangsu Guoxin Corp. Ltd. to Report Q1, 2025 Results on Apr 26, 2025 Jiangsu Guoxin Corp. Ltd. announced that they will report Q1, 2025 results on Apr 26, 2025 Reported Earnings • Mar 12
Full year 2024 earnings: EPS exceeds analyst expectations while revenues lag behind Full year 2024 results: EPS: CN¥0.85 (up from CN¥0.50 in FY 2023). Revenue: CN¥36.9b (up 6.8% from FY 2023). Net income: CN¥3.23b (up 73% from FY 2023). Profit margin: 8.7% (up from 5.4% in FY 2023). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 1.5%. Earnings per share (EPS) exceeded analyst estimates by 11%. Revenue is forecast to grow 15% p.a. on average during the next 2 years, compared to a 16% growth forecast for the Electric Utilities industry in China. Over the last 3 years on average, earnings per share has increased by 107% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth. Annuncio • Dec 31
Jiangsu Guoxin Corp. Ltd. to Report Fiscal Year 2024 Results on Apr 26, 2025 Jiangsu Guoxin Corp. Ltd. announced that they will report fiscal year 2024 results on Apr 26, 2025 Reported Earnings • Oct 31
Third quarter 2024 earnings released: EPS: CN¥0.26 (vs CN¥0.22 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.26 (up from CN¥0.22 in 3Q 2023). Revenue: CN¥10.2b (up 5.8% from 3Q 2023). Net income: CN¥968.2m (up 15% from 3Q 2023). Profit margin: 9.5% (in line with 3Q 2023). Revenue is forecast to grow 9.5% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Electric Utilities industry in China. Over the last 3 years on average, earnings per share has increased by 83% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth. Annuncio • Sep 30
Jiangsu Guoxin Corp. Ltd. to Report Q3, 2024 Results on Oct 31, 2024 Jiangsu Guoxin Corp. Ltd. announced that they will report Q3, 2024 results on Oct 31, 2024 Valuation Update With 7 Day Price Move • Sep 30
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to CN¥8.06, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 16x in the Electric Utilities industry in China. Total returns to shareholders of 14% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥3.78 per share. Reported Earnings • Aug 29
Second quarter 2024 earnings released: EPS: CN¥0.31 (vs CN¥0.23 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.31 (up from CN¥0.23 in 2Q 2023). Revenue: CN¥8.70b (up 7.3% from 2Q 2023). Net income: CN¥1.17b (up 36% from 2Q 2023). Profit margin: 14% (up from 11% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 9.0% p.a. on average during the next 3 years, compared to a 5.6% growth forecast for the Electric Utilities industry in Asia. Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. Declared Dividend • Jul 01
Dividend of CN¥0.10 announced Dividend of CN¥0.10 is the same as last year. Ex-date: 5th July 2024 Payment date: 5th July 2024 Dividend yield will be 1.3%, which is about the same as the industry average. Sustainability & Growth Dividend is covered by earnings (16% 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 36 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 64% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Annuncio • Jun 29
Jiangsu Guoxin Corp. Ltd. to Report First Half, 2024 Results on Aug 29, 2024 Jiangsu Guoxin Corp. Ltd. announced that they will report first half, 2024 results on Aug 29, 2024 Annuncio • May 11
Jiangsu Guoxin Corp. Ltd. Approves Cash Dividend for the Year 2023 Jiangsu Guoxin Corp. Ltd. announced that at the Annual General Meeting of 2023 on 08 May 2024, the shareholders approved cash dividend/10 shares (tax included) of CNY 1.00000000 for the year 2023. Reported Earnings • Apr 27
First quarter 2024 earnings released: EPS: CN¥0.21 (vs CN¥0.068 in 1Q 2023) First quarter 2024 results: EPS: CN¥0.21 (up from CN¥0.068 in 1Q 2023). Revenue: CN¥9.08b (up 26% from 1Q 2023). Net income: CN¥778.6m (up 205% from 1Q 2023). Profit margin: 8.6% (up from 3.6% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 8.6% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Electric Utilities industry in China. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 9% per year, which means it is tracking significantly ahead of earnings growth. Major Estimate Revision • Apr 18
Consensus EPS estimates fall by 11%, revenue upgraded The consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast increased from CN¥36.4b to CN¥36.8b. EPS estimate fell from CN¥0.85 to CN¥0.76 per share. Net income forecast to grow 53% next year vs 58% growth forecast for Electric Utilities industry in China. Consensus price target broadly unchanged at CN¥8.76. Share price fell 3.7% to CN¥8.30 over the past week. Reported Earnings • Apr 14
Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behind Full year 2023 results: EPS: CN¥0.50 (up from CN¥0.02 in FY 2022). Revenue: CN¥34.6b (up 6.6% from FY 2022). Net income: CN¥1.87b (up CN¥1.80b from FY 2022). Profit margin: 5.4% (up from 0.2% in FY 2022). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 2.4%. Earnings per share (EPS) missed analyst estimates by 18%. Revenue is forecast to grow 9.1% p.a. on average during the next 3 years, compared to a 3.8% growth forecast for the Electric Utilities industry in Asia. Over the last 3 years on average, earnings per share has fallen by 35% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings. Annuncio • Mar 30
Jiangsu Guoxin Corp. Ltd. to Report Q1, 2024 Results on Apr 27, 2024 Jiangsu Guoxin Corp. Ltd. announced that they will report Q1, 2024 results on Apr 27, 2024 Reported Earnings • Mar 12
Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behind Full year 2023 results: EPS: CN¥0.50 (up from CN¥0.02 in FY 2022). Revenue: CN¥34.6b (up 6.6% from FY 2022). Net income: CN¥1.87b (up CN¥1.80b from FY 2022). Profit margin: 5.4% (up from 0.2% in FY 2022). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 2.4%. Earnings per share (EPS) missed analyst estimates by 18%. Revenue is forecast to grow 7.1% p.a. on average during the next 2 years, compared to a 12% growth forecast for the Electric Utilities industry in China. Over the last 3 years on average, earnings per share has fallen by 35% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings. New Risk • Oct 29
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 22% 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 Debt is not well covered by operating cash flow (5.0% operating cash flow to total debt). Minor Risks Paying a dividend despite having no free cash flows. Large one-off items impacting financial results. Reported Earnings • Oct 26
Third quarter 2023 earnings released: EPS: CN¥0.22 (vs CN¥0.05 loss in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.22 (up from CN¥0.05 loss in 3Q 2022). Revenue: CN¥9.65b (up 1.7% from 3Q 2022). Net income: CN¥844.5m (up CN¥1.05b from 3Q 2022). Profit margin: 8.8% (up from net loss in 3Q 2022). The move to profitability was primarily driven by lower expenses. Revenue is forecast to grow 9.8% p.a. on average during the next 3 years, compared to a 9.7% growth forecast for the Electric Utilities industry in China. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 67 percentage points per year, which is a significant difference in performance. Annuncio • Sep 30
Jiangsu Guoxin Corp. Ltd. to Report Q3, 2023 Results on Oct 26, 2023 Jiangsu Guoxin Corp. Ltd. announced that they will report Q3, 2023 results on Oct 26, 2023 Reported Earnings • Aug 25
Second quarter 2023 earnings released: EPS: CN¥0.23 (vs CN¥0.12 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.23 (up from CN¥0.12 in 2Q 2022). Revenue: CN¥8.10b (up 12% from 2Q 2022). Net income: CN¥863.0m (up 91% from 2Q 2022). Profit margin: 11% (up from 6.3% in 2Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 86 percentage points per year, which is a significant difference in performance. Annuncio • Jul 07
Jiangsu Guoxin Corp. Ltd. Announces Final Profit Distribution for the Year 2022, Payable on 13 July 2023 Jiangsu Guoxin Corp. Ltd. announced 2022 final profit distribution plan to be implemented (A shares): cash dividend (tax included) of CNY 1.00000000 per ten shares. Record date is 12 July 2023. Ex-date is 13 July 2023. Payment date is 13 July 2023. Annuncio • May 20
Jiangsu Guoxin Corp. Ltd. Approves Cash Dividend for the Year 2022 Jiangsu Guoxin Corp. Ltd. approved cash dividend of CNY 1.000 (tax included) per 10 shares for the year 2022, at the AGM held on May 18, 2023. Reported Earnings • Apr 28
Full year 2022 earnings released: EPS: CN¥0.02 (vs CN¥0.09 loss in FY 2021) Full year 2022 results: EPS: CN¥0.02 (up from CN¥0.09 loss in FY 2021). Revenue: CN¥32.4b (up 12% from FY 2021). Net income: CN¥68.2m (up CN¥411.0m from FY 2021). Profit margin: 0.2% (up from net loss in FY 2021). 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. Reported Earnings • Mar 01
Full year 2022 earnings released: CN¥0.019 loss per share (vs CN¥0.09 loss in FY 2021) Full year 2022 results: CN¥0.019 loss per share (improved from CN¥0.09 loss in FY 2021). Revenue: CN¥32.4b (up 12% from FY 2021). Net loss: CN¥71.1m (loss narrowed 79% from FY 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 76 percentage points per year, which is a significant difference in performance. Annuncio • Dec 21
Jiangsu Guoxin Corp. Ltd. Announces Board Appointments Jiangsu Guoxin Corp. Ltd. held its 2nd Extraordinary General Meeting of 2022 on 19 December 2022 announced the appointment of Dong Liang, Ding Xuchun as non-independent directors, Zhang Lijun as independent directors and Zhang Ming, Jia Yu as supervisors. Board Change • Nov 16
High number of new and inexperienced directors There are 7 new directors who have joined the board in the last 3 years. The company's board is composed of: 7 new directors. No experienced directors. No highly experienced directors. Chairman of the Supervisory Board Songqi Wang is the most experienced director on the board, commencing their role in 2019. 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 • Oct 28
Third quarter 2022 earnings released: CN¥0.05 loss per share (vs CN¥0.053 loss in 3Q 2021) Third quarter 2022 results: CN¥0.05 loss per share (improved from CN¥0.053 loss in 3Q 2021). Revenue: CN¥9.49b (up 29% from 3Q 2021). Net loss: CN¥202.5m (loss narrowed 3.0% from 3Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 64 percentage points per year, which is a significant difference in performance. Reported Earnings • Aug 26
Second quarter 2022 earnings released: EPS: CN¥0.12 (vs CN¥0.24 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.12 (down from CN¥0.24 in 2Q 2021). Revenue: CN¥7.23b (up 9.2% from 2Q 2021). Net income: CN¥452.2m (down 50% from 2Q 2021). Profit margin: 6.3% (down from 14% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 60% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings. Annuncio • May 21
Jiangsu Guoxin Corp. Ltd. Announces Board Appointments Jiangsu Guoxin Corp. Ltd. announced the election of Dong Liang and Liang Xingchao as non-independent directors and election of Wen Subin, Zhang Hongfa and Zhang Lijun as independent directors, at the AGM held on May 19, 2022. Reported Earnings • May 02
First quarter 2022 earnings: EPS misses analyst expectations First quarter 2022 results: EPS: CN¥0.10 (down from CN¥0.13 in 1Q 2021). Revenue: CN¥7.68b (up 24% from 1Q 2021). Net income: CN¥360.2m (down 25% from 1Q 2021). Profit margin: 4.7% (down from 7.8% in 1Q 2021). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 24%. Over the last 3 years on average, earnings per share has fallen by 46% per year but the company’s share price has only fallen by 12% per year, which means it has not declined as severely as earnings. Reported Earnings • Mar 02
Full year 2021 earnings: EPS misses analyst expectations Full year 2021 results: CN¥0.09 loss per share (down from CN¥0.60 profit in FY 2020). Revenue: CN¥28.9b (up 33% from FY 2020). Net loss: CN¥346.7m (down 115% from profit in FY 2020). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates. Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has only fallen by 14% per year, which means it has not declined as severely as earnings. Reported Earnings • Oct 31
Third quarter 2021 earnings released: CN¥0.053 loss per share (vs CN¥0.16 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¥7.35b (up 28% from 3Q 2020). Net loss: CN¥208.8m (down 136% from profit in 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings. Valuation Update With 7 Day Price Move • Sep 08
Investor sentiment improved over the past week After last week's 17% share price gain to CN¥7.11, the stock trades at a trailing P/E ratio of 11.9x. Average trailing P/E is 32x in the Electric Utilities industry in China. Total returns to shareholders of 4.2% over the past three years. Reported Earnings • Aug 27
Second quarter 2021 earnings released: EPS CN¥0.24 (vs CN¥0.18 in 2Q 2020) The company reported a solid second quarter result with improved earnings and revenues, although profit margins were flat. Second quarter 2021 results: Revenue: CN¥6.62b (up 24% from 2Q 2020). Net income: CN¥909.5m (up 30% from 2Q 2020). Profit margin: 14% (in line with 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 9% per year whereas the company’s share price has fallen by 4% per year. Reported Earnings • May 02
First quarter 2021 earnings released: EPS CN¥0.13 (vs CN¥0.13 in 1Q 2020) The company reported a solid first quarter result with improved earnings and revenues, although profit margins were weaker. First quarter 2021 results: Revenue: CN¥6.21b (up 39% from 1Q 2020). Net income: CN¥483.1m (up 1.2% from 1Q 2020). Profit margin: 7.8% (down from 11% in 1Q 2020). 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 whereas the company’s share price has fallen by 8% per year. Reported Earnings • Apr 15
Full year 2020 earnings released: EPS CN¥0.60 (vs CN¥0.64 in FY 2019) The company reported a mediocre full year result with weaker earnings, although profit margins were flat and revenues improved. Full year 2020 results: Revenue: CN¥21.7b (up 2.8% from FY 2019). Net income: CN¥2.27b (down 5.4% from FY 2019). Profit margin: 11% (in line with FY 2019). Over the last 3 years on average, earnings per share has fallen by 8% per year whereas the company’s share price has fallen by 7% per year. Reported Earnings • Mar 04
Full year 2020 earnings released: EPS CN¥0.59 (vs CN¥0.64 in FY 2019) The company reported a soft full year result with weaker earnings and profit margins, although revenues improved. Full year 2020 results: Revenue: CN¥21.7b (up 2.8% from FY 2019). Net income: CN¥2.24b (down 6.8% from FY 2019). Profit margin: 10% (down from 11% in FY 2019). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 8% per year whereas the company’s share price has fallen by 11% per year. Is New 90 Day High Low • Feb 04
New 90-day low: CN¥6.08 The company is down 5.0% from its price of CN¥6.37 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 Electric Utilities industry, which is up 2.0% over the same period. Annuncio • Jan 28
Jiangsu Guoxin Corp. Ltd.(XSEC:002608) dropped from S&P Global BMI Index Jiangsu Guoxin Corp. Ltd.(XSEC:002608) dropped from S&P Global BMI Index Valuation Update With 7 Day Price Move • Jan 19
Investor sentiment deteriorated over the past week After last week's 20% share price decline to CN¥6.87, the stock is trading at a trailing P/E ratio of 11.7x, down from the previous P/E ratio of 14.7x. This compares to an average P/E of 28x in the Electric Utilities industry in China. Total return to shareholders over the past three years is a loss of 31%. Valuation Update With 7 Day Price Move • Jan 12
Investor sentiment improved over the past week After last week's 17% share price gain to CN¥8.64, the stock is trading at a trailing P/E ratio of 14.7x, up from the previous P/E ratio of 12.5x. This compares to an average P/E of 28x in the Electric Utilities industry in China. Total return to shareholders over the past three years is a loss of 13%. Is New 90 Day High Low • Jan 11
New 90-day high: CN¥7.85 The company is up 18% from its price of CN¥6.64 on 13 October 2020. The Chinese market is up 5.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electric Utilities industry, which is down 4.0% over the same period. Is New 90 Day High Low • Dec 18
New 90-day high: CN¥6.83 The company is up 1.0% from its price of CN¥6.74 on 18 September 2020. The Chinese market is up 2.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Electric Utilities industry, which is down 4.0% 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¥2.20b, down 25% from the prior year. Total revenue was CN¥21.4b over the last 12 months, up 2.0% from the prior year. Is New 90 Day High Low • Oct 29
New 90-day low: CN¥6.37 The company is down 7.0% from its price of CN¥6.87 on 31 July 2020. The Chinese market is down 1.0% over the last 90 days, indicating the company underperformed over that time. However, its price trend is similar to the Electric Utilities industry, which is also down 7.0% over the same period. Annuncio • Aug 12
Jiangsu Guoxin Corp. Ltd. to Report First Half, 2020 Results on Aug 28, 2020 Jiangsu Guoxin Corp. Ltd. announced that they will report first half, 2020 results on Aug 28, 2020