Board Change • May 20
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 10 experienced directors. No highly experienced directors. 3 independent directors (5 non-independent directors). Independent Director Jianyi Wu was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. お知らせ • Apr 16
Zhejiang Oceanking Development Co., Ltd., Annual General Meeting, May 06, 2026 Zhejiang Oceanking Development Co., Ltd., Annual General Meeting, May 06, 2026, at 14:00 China Standard Time. Location: The Company's Meeting Room, Ningbo, Zhejiang China お知らせ • Mar 30
Zhejiang Oceanking Development Co., Ltd. to Report Q1, 2026 Results on Apr 29, 2026 Zhejiang Oceanking Development Co., Ltd. announced that they will report Q1, 2026 results on Apr 29, 2026 お知らせ • Dec 26
Zhejiang Oceanking Development Co., Ltd. to Report Fiscal Year 2025 Results on Apr 29, 2026 Zhejiang Oceanking Development Co., Ltd. announced that they will report fiscal year 2025 results on Apr 29, 2026 お知らせ • Sep 30
Zhejiang Oceanking Development Co., Ltd. to Report Q3, 2025 Results on Oct 30, 2025 Zhejiang Oceanking Development Co., Ltd. announced that they will report Q3, 2025 results on Oct 30, 2025 お知らせ • Jun 30
Zhejiang Oceanking Development Co., Ltd. to Report First Half, 2025 Results on Aug 28, 2025 Zhejiang Oceanking Development Co., Ltd. announced that they will report first half, 2025 results on Aug 28, 2025 お知らせ • Apr 18
Zhejiang Oceanking Development Co., Ltd., Annual General Meeting, May 09, 2025 Zhejiang Oceanking Development Co., Ltd., Annual General Meeting, May 09, 2025, at 14:00 China Standard Time. Location: The Company's Meeting Room, Ningbo, Zhejiang China お知らせ • Mar 28
Zhejiang Oceanking Development Co., Ltd. to Report Q1, 2025 Results on Apr 29, 2025 Zhejiang Oceanking Development Co., Ltd. announced that they will report Q1, 2025 results on Apr 29, 2025 お知らせ • Dec 27
Zhejiang Oceanking Development Co., Ltd. to Report Fiscal Year 2024 Results on Apr 18, 2025 Zhejiang Oceanking Development Co., Ltd. announced that they will report fiscal year 2024 results on Apr 18, 2025 Reported Earnings • Nov 01
Third quarter 2024 earnings released: EPS: CN¥0.092 (vs CN¥0.16 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.092 (down from CN¥0.16 in 3Q 2023). Revenue: CN¥869.1m (up 61% from 3Q 2023). Net income: CN¥42.5m (down 36% from 3Q 2023). Profit margin: 4.9% (down from 12% in 3Q 2023). The decrease in margin was driven by higher expenses. 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¥8.88, the stock trades at a trailing P/E ratio of 14.4x. Average trailing P/E is 30x in the Chemicals industry in China. Total loss to shareholders of 16% over the past year. お知らせ • Sep 30
Zhejiang Oceanking Development Co., Ltd. to Report Q3, 2024 Results on Oct 31, 2024 Zhejiang Oceanking Development Co., Ltd. announced that they will report Q3, 2024 results on Oct 31, 2024 Reported Earnings • Aug 27
Second quarter 2024 earnings released: EPS: CN¥0.15 (vs CN¥0.068 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.15 (up from CN¥0.068 in 2Q 2023). Revenue: CN¥749.8m (up 49% from 2Q 2023). Net income: CN¥61.7m (up 111% from 2Q 2023). Profit margin: 8.2% (up from 5.8% in 2Q 2023). The increase in margin was driven by higher revenue. お知らせ • Jun 29
Zhejiang Oceanking Development Co., Ltd. to Report First Half, 2024 Results on Aug 27, 2024 Zhejiang Oceanking Development Co., Ltd. announced that they will report first half, 2024 results on Aug 27, 2024 お知らせ • Apr 12
Zhejiang Oceanking Development Co., Ltd., Annual General Meeting, May 07, 2024 Zhejiang Oceanking Development Co., Ltd., Annual General Meeting, May 07, 2024, at 14:00 China Standard Time. Location: The Company's Meeting Room, Ningbo, Zhejiang China Reported Earnings • Apr 12
Full year 2023 earnings released: EPS: CN¥0.57 (vs CN¥0.87 in FY 2022) Full year 2023 results: EPS: CN¥0.57 (down from CN¥0.87 in FY 2022). Revenue: CN¥2.11b (down 18% from FY 2022). Net income: CN¥248.8m (down 34% from FY 2022). Profit margin: 12% (down from 15% in FY 2022). The decrease in margin was driven by lower revenue. お知らせ • Mar 29
Zhejiang Oceanking Development Co., Ltd. to Report Q1, 2024 Results on Apr 29, 2024 Zhejiang Oceanking Development Co., Ltd. announced that they will report Q1, 2024 results on Apr 29, 2024 Buy Or Sell Opportunity • Feb 22
Now 22% overvalued Over the last 90 days, the stock has fallen 26% to CN¥8.48. The fair value is estimated to be CN¥6.95, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 20% over the last 3 years, while earnings per share has been flat. Valuation Update With 7 Day Price Move • Feb 02
Investor sentiment deteriorates as stock falls 20% After last week's 20% share price decline to CN¥8.61, the stock trades at a trailing P/E ratio of 16.4x. Average trailing P/E is 28x in the Chemicals industry in China. Valuation Update With 7 Day Price Move • Jan 18
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥12.79, the stock trades at a trailing P/E ratio of 25.7x. Average trailing P/E is 34x in the Chemicals industry in China. お知らせ • Dec 29
Zhejiang Oceanking Development Co., Ltd. to Report Fiscal Year 2023 Results on Apr 12, 2024 Zhejiang Oceanking Development Co., Ltd. announced that they will report fiscal year 2023 results on Apr 12, 2024 Reported Earnings • Oct 29
Third quarter 2023 earnings released: EPS: CN¥0.16 (vs CN¥0.16 in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.16. Revenue: CN¥541.1m (down 13% from 3Q 2022). Net income: CN¥66.7m (down 5.9% from 3Q 2022). Profit margin: 12% (in line with 3Q 2022). Reported Earnings • Aug 31
Second quarter 2023 earnings released: EPS: CN¥0.068 (vs CN¥0.33 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.068 (down from CN¥0.33 in 2Q 2022). Revenue: CN¥502.1m (down 33% from 2Q 2022). Net income: CN¥29.3m (down 80% from 2Q 2022). Profit margin: 5.8% (down from 19% in 2Q 2022). The decrease in margin was driven by lower revenue. Reported Earnings • Apr 24
Full year 2022 earnings released: EPS: CN¥0.87 (vs CN¥1.32 in FY 2021) Full year 2022 results: EPS: CN¥0.87 (down from CN¥1.32 in FY 2021). Revenue: CN¥2.56b (up 25% from FY 2021). Net income: CN¥379.4m (down 24% from FY 2021). Profit margin: 15% (down from 24% in FY 2021). The decrease in margin was driven by higher expenses.