Valuation Update With 7 Day Price Move • Jun 10
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to CN¥4.91, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 18x in the Renewable Energy industry in China. Total returns to shareholders of 8.4% over the past three years. Board Change • May 20
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. 4 highly experienced directors. Independent Director Qiang Bao was the last director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Annuncio • Dec 31
Guangdong Chant Group Inc. to Report Fiscal Year 2025 Results on Mar 31, 2026 Guangdong Chant Group Inc. announced that they will report fiscal year 2025 results on Mar 31, 2026 Annuncio • Sep 30
Guangdong Chant Group Inc. to Report Q3, 2025 Results on Oct 31, 2025 Guangdong Chant Group Inc. announced that they will report Q3, 2025 results on Oct 31, 2025 Annuncio • Sep 02
Guangdong Chant Group Inc. Proposes Interim Cash Dividend for 2025 Guangdong Chant Group Inc. at 3rd Extraordinary General Meeting of 2025 to be held on 15 September 2025 proposed 2025 interim profit distribution plan of Cash dividend/10 shares (tax included): CNY1.50000000. Annuncio • Jul 02
Guangdong Chant Group Inc. to Report First Half, 2025 Results on Aug 30, 2025 Guangdong Chant Group Inc. announced that they will report first half, 2025 results on Aug 30, 2025 Annuncio • Apr 22
Guangdong Chant Group Inc., Annual General Meeting, May 16, 2025 Guangdong Chant Group Inc., Annual General Meeting, May 16, 2025, at 15:00 China Standard Time. Location: The Company's Meeting Room, Zhongshan, Guangdong China Annuncio • Mar 31
Guangdong Chant Group Inc. to Report Q1, 2025 Results on Apr 30, 2025 Guangdong Chant Group Inc. announced that they will report Q1, 2025 results on Apr 30, 2025 Annuncio • Dec 31
Guangdong Chant Group Inc. to Report Fiscal Year 2024 Results on Apr 22, 2025 Guangdong Chant Group Inc. announced that they will report fiscal year 2024 results on Apr 22, 2025 Reported Earnings • Oct 31
Third quarter 2024 earnings released: EPS: CN¥0.055 (vs CN¥0.049 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.055 (up from CN¥0.049 in 3Q 2023). Revenue: CN¥883.4m (down 9.2% from 3Q 2023). Net income: CN¥40.5m (up 12% from 3Q 2023). Profit margin: 4.6% (up from 3.7% in 3Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 82% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings. 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¥4.52, the stock trades at a trailing P/E ratio of 20.4x. Average trailing P/E is 18x in the Renewable Energy industry in China. Total loss to shareholders of 34% over the past three years. Annuncio • Sep 30
Guangdong Chant Group Inc. to Report Q3, 2024 Results on Oct 31, 2024 Guangdong Chant Group Inc. announced that they will report Q3, 2024 results on Oct 31, 2024 Reported Earnings • Aug 27
Second quarter 2024 earnings released: EPS: CN¥0.036 (vs CN¥0.082 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.036 (down from CN¥0.082 in 2Q 2023). Revenue: CN¥912.4m (down 10% from 2Q 2023). Net income: CN¥26.5m (down 56% from 2Q 2023). Profit margin: 2.9% (down from 6.0% in 2Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 49% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings. Annuncio • Jun 29
Guangdong Chant Group Inc. to Report First Half, 2024 Results on Aug 27, 2024 Guangdong Chant Group Inc. announced that they will report first half, 2024 results on Aug 27, 2024 Valuation Update With 7 Day Price Move • May 08
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to CN¥5.41, the stock trades at a trailing P/E ratio of 20.2x. Average trailing P/E is 19x in the Renewable Energy industry in China. Total loss to shareholders of 15% over the past three years. Upcoming Dividend • May 03
Upcoming dividend of CN¥0.10 per share Eligible shareholders must have bought the stock before 10 May 2024. Payment date: 10 May 2024. Payout ratio is a comfortable 37% and the cash payout ratio is 99%. Trailing yield: 2.2%. Lower than top quartile of Chinese dividend payers (2.4%). In line with average of industry peers (2.4%). Reported Earnings • Apr 30
First quarter 2024 earnings released: EPS: CN¥0.076 (vs CN¥0.022 in 1Q 2023) First quarter 2024 results: EPS: CN¥0.076 (up from CN¥0.022 in 1Q 2023). Revenue: CN¥993.6m (up 5.0% from 1Q 2023). Net income: CN¥56.0m (up 248% from 1Q 2023). Profit margin: 5.6% (up from 1.7% in 1Q 2023). Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Apr 17
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to CN¥3.88, the stock trades at a trailing P/E ratio of 19.9x. Average trailing P/E is 22x in the Consumer Durables industry in China. Total loss to shareholders of 43% over the past three years. New Risk • Apr 08
New minor risk - Dividend sustainability The company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 2.1% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.9x net interest cover). Earnings have declined by 26% per year over the past 5 years. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Board Change • Apr 01
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. 6 experienced directors. 2 highly experienced directors. Independent Director Qiang Bao was the last director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Reported Earnings • Mar 31
Full year 2023 earnings released: EPS: CN¥0.21 (vs CN¥0.10 in FY 2022) Full year 2023 results: EPS: CN¥0.21 (up from CN¥0.10 in FY 2022). Revenue: CN¥3.97b (up 16% from FY 2022). Net income: CN¥159.0m (up 108% from FY 2022). Profit margin: 4.0% (up from 2.2% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 19% per year whereas the company’s share price has fallen by 15% per year. 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¥4.21, the stock trades at a trailing P/E ratio of 15.2x. Average trailing P/E is 20x in the Consumer Durables industry in China. Total loss to shareholders of 33% over the past three years. Annuncio • Dec 30
Guangdong Chant Group Inc. to Report Fiscal Year 2023 Results on Mar 30, 2024 Guangdong Chant Group Inc. announced that they will report fiscal year 2023 results on Mar 30, 2024 Reported Earnings • Nov 01
Third quarter 2023 earnings released: EPS: CN¥0.049 (vs CN¥0.027 loss in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.049 (up from CN¥0.027 loss in 3Q 2022). Revenue: CN¥972.5m (up 27% from 3Q 2022). Net income: CN¥36.2m (up CN¥56.5m from 3Q 2022). Profit margin: 3.7% (up from net loss in 3Q 2022). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 43% 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 • Aug 30
Second quarter 2023 earnings released: EPS: CN¥0.082 (vs CN¥0 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.082 (up from CN¥0 in 2Q 2022). Revenue: CN¥1.02b (up 28% from 2Q 2022). Net income: CN¥60.7m (up CN¥60.5m from 2Q 2022). Profit margin: 6.0% (up from 0% in 2Q 2022). The increase in margin 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 44 percentage points per year, which is a significant difference in performance. New Risk • Aug 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 6.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.5x net interest cover). Earnings have declined by 25% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (6.3% average weekly change). Valuation Update With 7 Day Price Move • Jul 10
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to CN¥6.19, the stock trades at a trailing P/E ratio of 52.1x. Average trailing P/E is 25x in the Consumer Durables industry in China. Total loss to shareholders of 45% over the past three years. Reported Earnings • Apr 29
First quarter 2023 earnings released: EPS: CN¥0.022 (vs CN¥0.006 in 1Q 2022) First quarter 2023 results: EPS: CN¥0.022 (up from CN¥0.006 in 1Q 2022). Revenue: CN¥946.7m (up 14% from 1Q 2022). Net income: CN¥16.1m (up 268% from 1Q 2022). Profit margin: 1.7% (up from 0.5% in 1Q 2022). The increase in margin 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 58 percentage points per year, which is a significant difference in performance. Reported Earnings • Feb 28
Full year 2022 earnings released: EPS: CN¥0.10 (vs CN¥0.21 loss in FY 2021) Full year 2022 results: EPS: CN¥0.10 (up from CN¥0.21 loss in FY 2021). Revenue: CN¥3.42b (up 29% from FY 2021). Net income: CN¥76.4m (up CN¥235.7m from FY 2021). Profit margin: 2.2% (up from net loss in FY 2021). 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 67 percentage points per year, which is a significant difference in performance. Reported Earnings • Oct 31
Third quarter 2022 earnings released: CN¥0.027 loss per share (vs CN¥0.057 loss in 3Q 2021) Third quarter 2022 results: CN¥0.027 loss per share (improved from CN¥0.057 loss in 3Q 2021). Revenue: CN¥767.8m (down 4.1% from 3Q 2021). Net loss: CN¥20.3m (loss narrowed 52% from 3Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 63 percentage points per year, which is a significant difference in performance. Reported Earnings • May 04
First quarter 2022 earnings released: EPS: CN¥0.006 (vs CN¥0.066 in 1Q 2021) First quarter 2022 results: EPS: CN¥0.006 (down from CN¥0.066 in 1Q 2021). Revenue: CN¥829.2m (up 32% from 1Q 2021). Net income: CN¥4.38m (down 91% from 1Q 2021). Profit margin: 0.5% (down from 7.8% in 1Q 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 15% per year, which means it has not declined as severely as earnings. Reported Earnings • Apr 04
Full year 2021 earnings released: CN¥0.21 loss per share (vs CN¥0.47 profit in FY 2020) Full year 2021 results: CN¥0.21 loss per share (down from CN¥0.47 profit in FY 2020). Revenue: CN¥2.65b (down 12% from FY 2020). Net loss: CN¥159.3m (down 146% from profit in FY 2020). Over the last 3 years on average, earnings per share has fallen by 14% per year whereas the company’s share price has fallen by 15% per year. Reported Earnings • Sep 01
Second quarter 2021 earnings released: EPS CN¥0.04 (vs CN¥0.13 in 2Q 2020) The company reported a poor second quarter result with weaker earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CN¥544.7m (down 24% from 2Q 2020). Net income: CN¥29.6m (down 68% from 2Q 2020). Profit margin: 5.4% (down from 13% 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 34% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Jun 03
Investor sentiment improved over the past week After last week's 23% share price gain to CN¥7.60, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 19x in the Consumer Durables industry in China. Total returns to shareholders of 30% over the past three years. Reported Earnings • Apr 29
First quarter 2021 earnings released: EPS CN¥0.066 (vs CN¥0.071 in 1Q 2020) The company reported a soft first quarter result with weaker earnings and profit margins, although revenues improved. First quarter 2021 results: Revenue: CN¥627.8m (up 25% from 1Q 2020). Net income: CN¥48.7m (down 7.6% 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 increased by 44% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Reported Earnings • Apr 01
Full year 2020 earnings released: EPS CN¥0.47 (vs CN¥0.40 in FY 2019) The company reported a solid full year result with improved earnings and revenues, although profit margins were flat. Full year 2020 results: Revenue: CN¥3.02b (up 21% from FY 2019). Net income: CN¥350.4m (up 19% from FY 2019). Profit margin: 12% (in line with FY 2019). Over the last 3 years on average, earnings per share has increased by 50% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. Is New 90 Day High Low • Jan 25
New 90-day low: CN¥6.74 The company is down 27% from its price of CN¥9.18 on 28 October 2020. The Chinese market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Consumer Durables industry, which is up 23% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥1.60 per share. Is New 90 Day High Low • Jan 07
New 90-day low: CN¥7.11 The company is down 32% from its price of CN¥10.39 on 09 October 2020. The Chinese market is up 11% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Consumer Durables industry, which is up 22% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥1.59 per share. Is New 90 Day High Low • Dec 21
New 90-day low: CN¥8.11 The company is down 23% from its price of CN¥10.55 on 23 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 Consumer Durables industry, which is up 12% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥1.59 per share. Is New 90 Day High Low • Nov 27
New 90-day low: CN¥8.26 The company is down 29% from its price of CN¥11.66 on 28 August 2020. The Chinese market is down 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Consumer Durables industry, which is up 12% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥1.36 per share. Reported Earnings • Oct 29
Third quarter earnings released Over the last 12 months the company has reported total profits of CN¥364.7m, up 39% from the prior year. Total revenue was CN¥2.82b over the last 12 months, up 21% from the prior year. Is New 90 Day High Low • Oct 22
New 90-day low: CN¥9.39 The company is down 6.0% from its price of CN¥10.02 on 24 July 2020. The Chinese market is down 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Consumer Durables industry, which is up 6.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥1.71 per share. 
