View Future GrowthChangmao Biochemical Engineering 過去の業績過去 基準チェック /06Changmao Biochemical Engineeringの収益は年間平均-51.7%の割合で減少していますが、 Chemicals業界の収益は年間 減少しています。収益は年間2.8% 2.3%割合で 増加しています。主要情報-51.74%収益成長率-51.74%EPS成長率Chemicals 業界の成長10.22%収益成長率2.29%株主資本利益率-13.01%ネット・マージン-11.99%次回の業績アップデート18 Aug 2026最近の業績更新お知らせ • Aug 03Changmao Biochemical Engineering Company Limited to Report First Half, 2026 Results on Aug 18, 2026Changmao Biochemical Engineering Company Limited announced that they will report first half, 2026 results on Aug 18, 2026Reported Earnings • Apr 01Full year 2025 earnings released: CN¥0.13 loss per share (vs CN¥0.13 loss in FY 2024)Full year 2025 results: CN¥0.13 loss per share (improved from CN¥0.13 loss in FY 2024). Revenue: CN¥556.9m (down 4.8% from FY 2024). Net loss: CN¥66.8m (loss narrowed 2.2% from FY 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 35 percentage points per year, which is a significant difference in performance.お知らせ • Mar 16Changmao Biochemical Engineering Company Limited to Report Fiscal Year 2025 Results on Mar 30, 2026Changmao Biochemical Engineering Company Limited announced that they will report fiscal year 2025 results on Mar 30, 2026Reported Earnings • Aug 20First half 2025 earnings released: CN¥0.049 loss per share (vs CN¥0.035 loss in 1H 2024)First half 2025 results: CN¥0.049 loss per share (further deteriorated from CN¥0.035 loss in 1H 2024). Revenue: CN¥272.3m (down 13% from 1H 2024). Net loss: CN¥25.8m (loss widened 37% from 1H 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 71 percentage points per year, which is a significant difference in performance.お知らせ • Aug 02Changmao Biochemical Engineering Company Limited to Report First Half, 2025 Results on Aug 18, 2025Changmao Biochemical Engineering Company Limited announced that they will report first half, 2025 results on Aug 18, 2025Reported Earnings • Apr 26Full year 2024 earnings released: CN¥0.13 loss per share (vs CN¥0.16 loss in FY 2023)Full year 2024 results: CN¥0.13 loss per share (improved from CN¥0.16 loss in FY 2023). Revenue: CN¥584.8m (down 8.2% from FY 2023). Net loss: CN¥68.2m (loss narrowed 21% from FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 73 percentage points per year, which is a significant difference in performance.すべての更新を表示Recent updatesお知らせ • Aug 03Changmao Biochemical Engineering Company Limited to Report First Half, 2026 Results on Aug 18, 2026Changmao Biochemical Engineering Company Limited announced that they will report first half, 2026 results on Aug 18, 2026Reported Earnings • Apr 01Full year 2025 earnings released: CN¥0.13 loss per share (vs CN¥0.13 loss in FY 2024)Full year 2025 results: CN¥0.13 loss per share (improved from CN¥0.13 loss in FY 2024). Revenue: CN¥556.9m (down 4.8% from FY 2024). Net loss: CN¥66.8m (loss narrowed 2.2% from FY 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 35 percentage points per year, which is a significant difference in performance.お知らせ • Mar 31Changmao Biochemical Engineering Company Limited, Annual General Meeting, May 28, 2026Changmao Biochemical Engineering Company Limited, Annual General Meeting, May 28, 2026.New Risk • Mar 20New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2025. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (1.8% operating cash flow to total debt). Earnings have declined by 49% per year over the past 5 years. Minor Risks Latest financial reports are more than 6 months old (reported June 2025 fiscal period end). Market cap is less than US$100m (HK$180.1m market cap, or US$23.0m).お知らせ • Mar 16Changmao Biochemical Engineering Company Limited to Report Fiscal Year 2025 Results on Mar 30, 2026Changmao Biochemical Engineering Company Limited announced that they will report fiscal year 2025 results on Mar 30, 2026分析記事 • Nov 14Is Changmao Biochemical Engineering (HKG:954) A Risky Investment?Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...Reported Earnings • Aug 20First half 2025 earnings released: CN¥0.049 loss per share (vs CN¥0.035 loss in 1H 2024)First half 2025 results: CN¥0.049 loss per share (further deteriorated from CN¥0.035 loss in 1H 2024). Revenue: CN¥272.3m (down 13% from 1H 2024). Net loss: CN¥25.8m (loss widened 37% from 1H 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 71 percentage points per year, which is a significant difference in performance.お知らせ • Aug 02Changmao Biochemical Engineering Company Limited to Report First Half, 2025 Results on Aug 18, 2025Changmao Biochemical Engineering Company Limited announced that they will report first half, 2025 results on Aug 18, 2025お知らせ • May 28Changmao Biochemical Engineering Company Limited Approves Board Changes, Effective from 18 June 2025Changmao Biochemical Engineering Company Limited at its AGM held on 28 May 2025 approved to consider and approve the resignation of Mr. Zeng Xian Biao and Wang Jian Ping as the non-executive director of the Company both effective from 18 June 2025.Reported Earnings • Apr 26Full year 2024 earnings released: CN¥0.13 loss per share (vs CN¥0.16 loss in FY 2023)Full year 2024 results: CN¥0.13 loss per share (improved from CN¥0.16 loss in FY 2023). Revenue: CN¥584.8m (down 8.2% from FY 2023). Net loss: CN¥68.2m (loss narrowed 21% from FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 73 percentage points per year, which is a significant difference in performance.Board Change • Apr 24Less than half of directors are independentFollowing 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. 6 non-independent directors. Independent Non-Executive Director Mun Wah Cheng 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.分析記事 • Apr 14Changmao Biochemical Engineering Company Limited (HKG:954) Stocks Pounded By 26% But Not Lagging Industry On Growth Or PricingThe Changmao Biochemical Engineering Company Limited ( HKG:954 ) share price has fared very poorly over the last month...お知らせ • Mar 31Changmao Biochemical Engineering Company Limited, Annual General Meeting, May 28, 2025Changmao Biochemical Engineering Company Limited, Annual General Meeting, May 28, 2025.Reported Earnings • Mar 30Full year 2024 earnings released: CN¥0.13 loss per share (vs CN¥0.16 loss in FY 2023)Full year 2024 results: CN¥0.13 loss per share (improved from CN¥0.16 loss in FY 2023). Revenue: CN¥584.8m (down 8.2% from FY 2023). Net loss: CN¥68.2m (loss narrowed 21% from FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 82 percentage points per year, which is a significant difference in performance.New Risk • Mar 18New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Earnings have declined by 36% per year over the past 5 years. Minor Risks Latest financial reports are more than 6 months old (reported June 2024 fiscal period end). Market cap is less than US$100m (HK$211.9m market cap, or US$27.3m).お知らせ • Mar 12Changmao Biochemical Engineering Company Limited to Report Fiscal Year 2024 Results on Mar 28, 2025Changmao Biochemical Engineering Company Limited announced that they will report fiscal year 2024 results on Mar 28, 2025Recent Insider Transactions • Nov 07Non-Executive Director recently bought HK$141k worth of stockOn the 5th of November, Xiao Ping Yu bought around 320k shares on-market at roughly HK$0.44 per share. This transaction amounted to 12% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought HK$3.3m more in shares than they have sold in the last 12 months.分析記事 • Sep 23Further Upside For Changmao Biochemical Engineering Company Limited (HKG:954) Shares Could Introduce Price Risks After 25% BounceChangmao Biochemical Engineering Company Limited ( HKG:954 ) shares have had a really impressive month, gaining 25...Reported Earnings • Aug 19First half 2024 earnings released: CN¥0.035 loss per share (vs CN¥0.008 profit in 1H 2023)First half 2024 results: CN¥0.035 loss per share (down from CN¥0.008 profit in 1H 2023). Revenue: CN¥313.8m (up 5.8% from 1H 2023). Net loss: CN¥18.8m (down CN¥22.9m from profit in 1H 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 59 percentage points per year, which is a significant difference in performance.お知らせ • Aug 02Changmao Biochemical Engineering Company Limited to Report First Half, 2024 Results on Aug 16, 2024Changmao Biochemical Engineering Company Limited announced that they will report first half, 2024 results on Aug 16, 2024Recent Insider Transactions • May 09Chairman & Compliance Officer recently bought HK$132k worth of stockOn the 6th of May, Xin Sheng Rui bought around 316k shares on-market at roughly HK$0.42 per share. This transaction amounted to 2.7% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth HK$836k. Xin Sheng has been a buyer over the last 12 months, purchasing a net total of HK$3.7m worth in shares.Recent Insider Transactions • Apr 24Chairman & Compliance Officer recently bought HK$836k worth of stockOn the 19th of April, Xin Sheng Rui bought around 2m shares on-market at roughly HK$0.38 per share. This transaction amounted to 23% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Xin Sheng has been a buyer over the last 12 months, purchasing a net total of HK$3.5m worth in shares.Recent Insider Transactions • Apr 03Chairman & Compliance Officer recently bought HK$164k worth of stockOn the 28th of March, Xin Sheng Rui bought around 420k shares on-market at roughly HK$0.39 per share. This transaction amounted to 6.1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Xin Sheng has been a buyer over the last 12 months, purchasing a net total of HK$1.8m worth in shares.お知らせ • Mar 27Changmao Biochemical Engineering Company Limited, Annual General Meeting, May 28, 2024Changmao Biochemical Engineering Company Limited, Annual General Meeting, May 28, 2024.Reported Earnings • Mar 27Full year 2023 earnings released: CN¥0.16 loss per share (vs CN¥0.15 profit in FY 2022)Full year 2023 results: CN¥0.16 loss per share (down from CN¥0.15 profit in FY 2022). Revenue: CN¥637.1m (down 13% from FY 2022). Net loss: CN¥86.1m (down 206% from profit in FY 2022). Over the last 3 years on average, earnings per share has fallen by 18% per year and the company’s share price has also fallen by 18% per year.New Risk • Mar 15New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Dividend is not well covered by earnings and cash flows. Payout ratio: 91% Paying a dividend despite having no free cash flows. High level of non-cash earnings (26% accrual ratio). Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Profit margins are more than 30% lower than last year (6.9% net profit margin). Market cap is less than US$100m (HK$198.6m market cap, or US$25.4m).お知らせ • Mar 09Changmao Biochemical Engineering Company Limited to Report Fiscal Year 2023 Results on Mar 26, 2024Changmao Biochemical Engineering Company Limited announced that they will report fiscal year 2023 results on Mar 26, 2024Recent Insider Transactions • Jan 09Chairman & Compliance Officer recently bought HK$59k worth of stockOn the 5th of January, Xin Sheng Rui bought around 100k shares on-market at roughly HK$0.59 per share. This transaction amounted to 1.5% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth HK$327k. Xin Sheng has been a buyer over the last 12 months, purchasing a net total of HK$1.7m worth in shares.Recent Insider Transactions • Dec 28Chairman & Compliance Officer recently bought HK$231k worth of stockOn the 22nd of December, Xin Sheng Rui bought around 412k shares on-market at roughly HK$0.56 per share. This transaction amounted to 6.6% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth HK$327k. Xin Sheng has been a buyer over the last 12 months, purchasing a net total of HK$1.6m worth in shares.Recent Insider Transactions • Dec 19Chairman & Compliance Officer recently bought HK$54k worth of stockOn the 14th of December, Xin Sheng Rui bought around 100k shares on-market at roughly HK$0.54 per share. This transaction amounted to 1.6% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth HK$327k. Xin Sheng has been a buyer over the last 12 months, purchasing a net total of HK$1.4m worth in shares.Recent Insider Transactions • Nov 21Chairman & Compliance Officer recently bought HK$327k worth of stockOn the 17th of November, Xin Sheng Rui bought around 596k shares on-market at roughly HK$0.55 per share. This transaction amounted to 12% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Xin Sheng has been a buyer over the last 12 months, purchasing a net total of HK$1.0m worth in shares.Recent Insider Transactions • Nov 07Chairman & Compliance Officer recently bought HK$277k worth of stockOn the 3rd of November, Xin Sheng Rui bought around 512k shares on-market at roughly HK$0.54 per share. This transaction amounted to 12% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Xin Sheng has been a buyer over the last 12 months, purchasing a net total of HK$487k worth in shares.New Risk • Aug 19New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Currently running at an operating cash loss. 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 Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). High level of non-cash earnings (26% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (6.9% net profit margin). Market cap is less than US$100m (HK$354.9m market cap, or US$45.3m).Reported Earnings • Aug 19First half 2023 earnings released: EPS: CN¥0.008 (vs CN¥0.077 in 1H 2022)First half 2023 results: EPS: CN¥0.008 (down from CN¥0.077 in 1H 2022). Revenue: CN¥296.6m (down 23% from 1H 2022). Net income: CN¥4.16m (down 90% from 1H 2022). Profit margin: 1.4% (down from 11% in 1H 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 47% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.お知らせ • Aug 03Changmao Biochemical Engineering Company Limited to Report First Half, 2023 Results on Aug 18, 2023Changmao Biochemical Engineering Company Limited announced that they will report first half, 2023 results on Aug 18, 2023分析記事 • Aug 02Investors Will Want Changmao Biochemical Engineering's (HKG:954) Growth In ROCE To PersistWhat trends should we look for it we want to identify stocks that can multiply in value over the long term? Ideally, a...Buying Opportunity • Jul 19Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 16%. The fair value is estimated to be HK$1.09, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 19% over the last 3 years. Earnings per share has grown by 42%.Buying Opportunity • Jun 30Now 22% undervalued after recent price dropOver the last 90 days, the stock is down 17%. The fair value is estimated to be HK$1.09, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 19% over the last 3 years. Earnings per share has grown by 42%.お知らせ • May 19Changmao Biochemical Engineering Company Limited approves Final Dividend for the Year Ended 31 December 2022, Payable on 18 July 2023Changmao Biochemical Engineering Company Limited approved the payment of a final dividend of RMB 0.077 for the year ended 31 December 2022. Ex-dividend date is 22 May 2023. Record date is 29 May 2023. Payment date is 18 July 2023.Upcoming Dividend • May 15Upcoming dividend of CN¥0.077 per share at 8.4% yieldEligible shareholders must have bought the stock before 22 May 2023. Payment date: 18 July 2023. Trailing yield: 8.4%. Within top quartile of Hong Kong dividend payers (7.6%). Higher than average of industry peers (7.2%).Reported Earnings • Mar 30Full year 2022 earnings released: EPS: CN¥0.15 (vs CN¥0.11 in FY 2021)Full year 2022 results: EPS: CN¥0.15 (up from CN¥0.11 in FY 2021). Revenue: CN¥730.0m (up 33% from FY 2021). Net income: CN¥81.4m (up 40% from FY 2021). Profit margin: 11% (in line with FY 2021). Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.分析記事 • Nov 18Returns On Capital At Changmao Biochemical Engineering (HKG:954) Have StalledDid you know there are some financial metrics that can provide clues of a potential multi-bagger? One common approach...Board Change • Nov 16Less than half of directors are independentFollowing 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. 6 non-independent directors. Independent Non-Executive Director Mun Wah Cheng 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 • Oct 07First half 2022 earnings released: EPS: CN¥0.077 (vs CN¥0 in 1H 2021)First half 2022 results: EPS: CN¥0.077 (up from CN¥0 in 1H 2021). Revenue: CN¥382.8m (up 55% from 1H 2021). Net income: CN¥40.9m (up CN¥40.6m from 1H 2021). Profit margin: 11% (up from 0.1% in 1H 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 9% per year, which means it is significantly lagging earnings.お知らせ • Aug 30Changmao Biochemical Engineering Company Limited Announces Appointment of Ms. Cheng Mun Wah as Independent Non-Executive Director and Chairman of Audit Committee, and Member of Remuneration Committee and Nomination CommitteeChangmao Biochemical Engineering Company Limited announced appointment of Ms. Cheng Mun Wah as an independent non-executive director, chairman of the audit committee and member of the remuneration committee and the nomination committee of the Company which was effective from 1 July 2022. The State Administration for Market Regulation has requested the Company to pass a resolution in a general meeting to approve, ratify and confirm the appointment of Ms. Cheng in order to register such change. The terms of the appointment of Ms. Cheng will be extended to 17 June 2025, which will be the same as that of other Directors of the 8th session of the board (the "Board") of directors (the "Directors"). Accordingly, an ordinary resolution in relation to the appointment of Ms. Cheng will be proposed at the extraordinary general meeting to be held by the Company on 20 September 2022. The biography of Ms. Cheng is set out below: Ms. Cheng Mun Wah, aged 60, has over 25 years of experience in the field of corporate finance and accounting in Hong Kong. Ms. Cheng holds a bachelor's degree of commerce from the University of Alberta in Canada. Ms. Cheng is currently a managing director of a corporation licensed to carry out type 1 (dealing in securities) and type 6 (advising on corporate finance) regulated activities as defined under the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong) (the "SFO"). Ms. Cheng is a certified public accountant of The Hong Kong Institute of Certified Public Accountants and a fellow member of The Chartered Association of Certified Accountants.Reported Earnings • Aug 19First half 2022 earnings released: EPS: CN¥0 (vs CN¥0 in 1H 2021)First half 2022 results: EPS: CN¥0 (vs CN¥0 in 1H 2021). Revenue: CN¥382.8m (up 55% from 1H 2021). Net income: CN¥40.9m (up CN¥40.6m from 1H 2021). Profit margin: 11% (up from 0.1% in 1H 2021).お知らせ • Aug 07Changmao Biochemical Engineering Company Limited to Report First Half, 2022 Results on Aug 18, 2022Changmao Biochemical Engineering Company Limited announced that they will report first half, 2022 results on Aug 18, 2022お知らせ • Aug 06Changmao Biochemical Engineering Company Limited Provides Consolidated Earnings Guidance for the Six Months Ended June 30, 2022Changmao Biochemical Engineering Company Limited provided consolidated earnings guidance for the six months ended June 30, 2022. For the period, the company is likely to record a consolidated net profit attributable to the equity holders of the Company for 1H2022 of an amount ranging between RMB 35 million to RMB 45 million, represent a significant increase compared to the consolidated net profit attributable to the equity holders of the Company of approximately RMB 0.24 million for the six months ended 30 June 2021.お知らせ • Jul 01Changmao Biochemical Engineering Company Limited Appoints Cheng Mun Wah as Independent Non-Executive Director and Chairman of Audit Committee and Member of Remuneration Committee and Nomination CommitteeThe board of directors of Changmao Biochemical Engineering Company Limited announced that, having taken into account the Board Diversity Policy of the Company, the views, skills and experience of Ms. Cheng Mun Wah and the contribution she may bring to the Company, the Nomination Committee of the Company and the Board have considered and approved to appoint Ms. Cheng as an independent non-executive Director for a term from July 1, 2022 until the conclusion of the next following annual general meeting of the Company to be held in 2023. Ms. Cheng Mun Wah, aged 60, has over 25 years of experience in the field of corporate finance and accounting in Hong Kong. Ms. Cheng holds a bachelor's degree of commerce from the University of Alberta in Canada. Ms. Cheng is currently a managing director of a corporation licensed to carry out type 1 (dealing in securities) and type 6 (advising on corporate finance) regulated activities as defined under the Securities and Futures Ordinance Ms. Cheng is a certified public accountant of The Hong Kong Institute of Certified Public Accountants and a fellow member of The Chartered Association of Certified Accountants. Ms. Cheng has entered into a letter of appointment with the Company. The remuneration payable to Ms. Cheng is determined by the remuneration committee of the Company, with reference to her expected contribution of time, effort and expertise on the Company's matters. Ms. Cheng is entitled to an annual Director's fee of RMB 80,000 per her term of office. Ms. Cheng has also been appointed as the chairman of the audit committee, and a member of the remuneration committee and the nomination committee of the Company effective from July 1, 2022.お知らせ • May 26Changmao Biochemical Engineering Company Limited Approves Board Resignations, Effective 18 June 2022Changmao Biochemical Engineering Company Limited announced that at its AGM held on 25 May 2022, the shareholders approved resignation of Prof. Ouyang Ping Kai, Ms. Wei Xin and Ms. Au Fung Lan as independent non-executive director with effect from 18 June 2022.分析記事 • Apr 28We Believe Changmao Biochemical Engineering's (HKG:954) Earnings Are A Poor Guide For Its ProfitabilityEven though Changmao Biochemical Engineering Company Limited ( HKG:954 ) posted strong earnings recently, the stock...Board Change • Apr 27Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. 6 experienced directors. 5 highly experienced directors. 3 independent directors (6 non-independent directors). Independent Supervisor Zhou Zhi Wei 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 22+ 1 more updateChangmao Biochemical Engineering Company Limited Omits Final Dividend for the Year Ended 31 December 2021Changmao Biochemical Engineering Company Limited announced that the directors do not recommend the payment of a final dividend in respect of the year ended 31 December 2021 (2020: RMB 0.02 (inclusive of tax) per share, totaling approximately RMB 10,594,000).Reported Earnings • Mar 28Full year 2021 earnings releasedFull year 2021 results: Revenue: CN¥548.0m (up 23% from FY 2020). Net income: CN¥58.3m (up 247% from FY 2020). Profit margin: 11% (up from 3.8% in FY 2020). The increase in margin was driven by higher revenue.分析記事 • Aug 03Changmao Biochemical Engineering (HKG:954) Will Be Looking To Turn Around Its ReturnsWhen we're researching a company, it's sometimes hard to find the warning signs, but there are some financial metrics...Upcoming Dividend • May 17Upcoming dividend of CN¥0.02 per shareEligible shareholders must have bought the stock before 24 May 2021. Payment date: 30 July 2021. Trailing yield: 3.2%. Lower than top quartile of Hong Kong dividend payers (6.0%). Lower than average of industry peers (3.9%).分析記事 • May 04Changmao Biochemical Engineering (HKG:954) May Have Issues Allocating Its CapitalIf we're looking to avoid a business that is in decline, what are the trends that can warn us ahead of time? Typically...Reported Earnings • Apr 24Full year 2020 earnings released: EPS CN¥0.032 (vs CN¥0.11 in FY 2019)The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: CN¥444.1m (down 10% from FY 2019). Net income: CN¥16.8m (down 71% from FY 2019). Profit margin: 3.8% (down from 12% in FY 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.Reported Earnings • Apr 01Full year 2020 earnings releasedThe company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: CN¥444.1m (down 10% from FY 2019). Net income: CN¥16.8m (down 71% from FY 2019). Profit margin: 3.8% (down from 12% in FY 2019). The decrease in margin was driven by lower revenue.お知らせ • Mar 18Changmao Biochemical Engineering Company Limited Provides Earnings Guidance for the Year Ended 31 December 2020The board of directors of the Changmao Biochemical Engineering Company Limited informed the shareholders of the company and potential investors that the Group has substantially completed the assessment of the Impairment Loss and DTA Write off; and having assessed the currently available information, the Group is likely to record a consolidated net profit attributable to the equity holders of the company for the year ended 31 December 2020 of approximately RMB 14,000,000 to RMB 21,000,000, which represents a significant decline as compared with the consolidated net profit attributable to the equity holders of the company of approximately RMB 58,299,000 for the year ended 31 December 2019.お知らせ • Mar 16Changmao Biochemical Engineering Company Limited to Report Fiscal Year 2020 Results on Mar 30, 2021Changmao Biochemical Engineering Company Limited announced that they will report fiscal year 2020 results on Mar 30, 2021分析記事 • Feb 23Tread With Caution Around Changmao Biochemical Engineering Company Limited's (HKG:954) 8.8% Dividend YieldCould Changmao Biochemical Engineering Company Limited ( HKG:954 ) be an attractive dividend share to own for the long...分析記事 • Jan 26Will Changmao Biochemical Engineering (HKG:954) Multiply In Value Going Forward?What are the early trends we should look for to identify a stock that could multiply in value over the long term...Is New 90 Day High Low • Jan 26New 90-day high: HK$0.65The company is up 12% from its price of HK$0.58 on 28 October 2020. The Hong Kong market is up 21% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 49% over the same period.分析記事 • Dec 02A Quick Analysis On Changmao Biochemical Engineering's (HKG:954) CEO SalaryChun Pan is the CEO of Changmao Biochemical Engineering Company Limited ( HKG:954 ), and in this article, we analyze...Is New 90 Day High Low • Oct 30New 90-day low: HK$0.56The company is down 11% from its price of HK$0.63 on 31 July 2020. The Hong Kong market is up 1.0% over the last 90 days, indicating the company underperformed over that time. However, its price trend is similar to the Chemicals industry, which is also down 11% over the same period.お知らせ • Aug 08Changmao Biochemical Engineering Company Limited to Report First Half, 2020 Results on Aug 28, 2020Changmao Biochemical Engineering Company Limited announced that they will report first half, 2020 results on Aug 28, 2020収支内訳Changmao Biochemical Engineering の稼ぎ方とお金の使い方。LTMベースの直近の報告された収益に基づく。収益と収入の歴史SEHK:954 収益、費用、利益 ( )CNY Millions日付収益収益G+A経費研究開発費31 Dec 25557-6776030 Sep 25550-7178030 Jun 25543-7580031 Mar 25564-7280031 Dec 24585-6881030 Sep 24620-8966030 Jun 24654-10952031 Mar 24646-9850031 Dec 23637-8649030 Sep 23640-2164030 Jun 236444579031 Mar 236876384031 Dec 227308188030 Sep 227079091030 Jun 226849993031 Mar 226167988031 Dec 215485882030 Sep 215093080030 Jun 21471279031 Mar 21457978031 Dec 204441777030 Sep 204302468030 Jun 204173158031 Mar 204564566031 Dec 194955875030 Sep 195576978030 Jun 196207981031 Mar 196296580031 Dec 186395179030 Sep 186333482030 Jun 186261784031 Mar 186291083031 Dec 17631381030 Sep 17625881030 Jun 176191382031 Mar 176072381031 Dec 165943380030 Sep 165694278030 Jun 165445176031 Mar 165304876031 Dec 155154575030 Sep 1551940730質の高い収益: 954は現在利益が出ていません。利益率の向上: 954は現在利益が出ていません。フリー・キャッシュフローと収益の比較過去の収益成長分析収益動向: 954は利益が出ておらず、過去 5 年間で損失は年間51.7%の割合で増加しています。成長の加速: 954の過去 1 年間の収益成長を 5 年間の平均と比較することはできません。現在は利益が出ていないためです。収益対業界: 954は利益が出ていないため、過去 1 年間の収益成長をChemicals業界 ( 6.6% ) と比較することは困難です。株主資本利益率高いROE: 954は現在利益が出ていないため、自己資本利益率 ( -13.01% ) はマイナスです。総資産利益率使用総資本利益率過去の好業績企業の発掘7D1Y7D1Y7D1YMaterials 、過去の業績が好調な企業。View Financial Health企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/08/15 13:17終値2026/08/14 00:00収益2025/12/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレークこのレポートを生成するために使用した分析モデルの詳細は、当社のGitHubページでご覧いただけます。また、レポートの活用方法に関するガイドやYouTubeのチュートリアルも用意しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Changmao Biochemical Engineering Company Limited 0 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。0
お知らせ • Aug 03Changmao Biochemical Engineering Company Limited to Report First Half, 2026 Results on Aug 18, 2026Changmao Biochemical Engineering Company Limited announced that they will report first half, 2026 results on Aug 18, 2026
Reported Earnings • Apr 01Full year 2025 earnings released: CN¥0.13 loss per share (vs CN¥0.13 loss in FY 2024)Full year 2025 results: CN¥0.13 loss per share (improved from CN¥0.13 loss in FY 2024). Revenue: CN¥556.9m (down 4.8% from FY 2024). Net loss: CN¥66.8m (loss narrowed 2.2% from FY 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 35 percentage points per year, which is a significant difference in performance.
お知らせ • Mar 16Changmao Biochemical Engineering Company Limited to Report Fiscal Year 2025 Results on Mar 30, 2026Changmao Biochemical Engineering Company Limited announced that they will report fiscal year 2025 results on Mar 30, 2026
Reported Earnings • Aug 20First half 2025 earnings released: CN¥0.049 loss per share (vs CN¥0.035 loss in 1H 2024)First half 2025 results: CN¥0.049 loss per share (further deteriorated from CN¥0.035 loss in 1H 2024). Revenue: CN¥272.3m (down 13% from 1H 2024). Net loss: CN¥25.8m (loss widened 37% from 1H 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 71 percentage points per year, which is a significant difference in performance.
お知らせ • Aug 02Changmao Biochemical Engineering Company Limited to Report First Half, 2025 Results on Aug 18, 2025Changmao Biochemical Engineering Company Limited announced that they will report first half, 2025 results on Aug 18, 2025
Reported Earnings • Apr 26Full year 2024 earnings released: CN¥0.13 loss per share (vs CN¥0.16 loss in FY 2023)Full year 2024 results: CN¥0.13 loss per share (improved from CN¥0.16 loss in FY 2023). Revenue: CN¥584.8m (down 8.2% from FY 2023). Net loss: CN¥68.2m (loss narrowed 21% from FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 73 percentage points per year, which is a significant difference in performance.
お知らせ • Aug 03Changmao Biochemical Engineering Company Limited to Report First Half, 2026 Results on Aug 18, 2026Changmao Biochemical Engineering Company Limited announced that they will report first half, 2026 results on Aug 18, 2026
Reported Earnings • Apr 01Full year 2025 earnings released: CN¥0.13 loss per share (vs CN¥0.13 loss in FY 2024)Full year 2025 results: CN¥0.13 loss per share (improved from CN¥0.13 loss in FY 2024). Revenue: CN¥556.9m (down 4.8% from FY 2024). Net loss: CN¥66.8m (loss narrowed 2.2% from FY 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 35 percentage points per year, which is a significant difference in performance.
お知らせ • Mar 31Changmao Biochemical Engineering Company Limited, Annual General Meeting, May 28, 2026Changmao Biochemical Engineering Company Limited, Annual General Meeting, May 28, 2026.
New Risk • Mar 20New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2025. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (1.8% operating cash flow to total debt). Earnings have declined by 49% per year over the past 5 years. Minor Risks Latest financial reports are more than 6 months old (reported June 2025 fiscal period end). Market cap is less than US$100m (HK$180.1m market cap, or US$23.0m).
お知らせ • Mar 16Changmao Biochemical Engineering Company Limited to Report Fiscal Year 2025 Results on Mar 30, 2026Changmao Biochemical Engineering Company Limited announced that they will report fiscal year 2025 results on Mar 30, 2026
分析記事 • Nov 14Is Changmao Biochemical Engineering (HKG:954) A Risky Investment?Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Reported Earnings • Aug 20First half 2025 earnings released: CN¥0.049 loss per share (vs CN¥0.035 loss in 1H 2024)First half 2025 results: CN¥0.049 loss per share (further deteriorated from CN¥0.035 loss in 1H 2024). Revenue: CN¥272.3m (down 13% from 1H 2024). Net loss: CN¥25.8m (loss widened 37% from 1H 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 71 percentage points per year, which is a significant difference in performance.
お知らせ • Aug 02Changmao Biochemical Engineering Company Limited to Report First Half, 2025 Results on Aug 18, 2025Changmao Biochemical Engineering Company Limited announced that they will report first half, 2025 results on Aug 18, 2025
お知らせ • May 28Changmao Biochemical Engineering Company Limited Approves Board Changes, Effective from 18 June 2025Changmao Biochemical Engineering Company Limited at its AGM held on 28 May 2025 approved to consider and approve the resignation of Mr. Zeng Xian Biao and Wang Jian Ping as the non-executive director of the Company both effective from 18 June 2025.
Reported Earnings • Apr 26Full year 2024 earnings released: CN¥0.13 loss per share (vs CN¥0.16 loss in FY 2023)Full year 2024 results: CN¥0.13 loss per share (improved from CN¥0.16 loss in FY 2023). Revenue: CN¥584.8m (down 8.2% from FY 2023). Net loss: CN¥68.2m (loss narrowed 21% from FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 73 percentage points per year, which is a significant difference in performance.
Board Change • Apr 24Less than half of directors are independentFollowing 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. 6 non-independent directors. Independent Non-Executive Director Mun Wah Cheng 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.
分析記事 • Apr 14Changmao Biochemical Engineering Company Limited (HKG:954) Stocks Pounded By 26% But Not Lagging Industry On Growth Or PricingThe Changmao Biochemical Engineering Company Limited ( HKG:954 ) share price has fared very poorly over the last month...
お知らせ • Mar 31Changmao Biochemical Engineering Company Limited, Annual General Meeting, May 28, 2025Changmao Biochemical Engineering Company Limited, Annual General Meeting, May 28, 2025.
Reported Earnings • Mar 30Full year 2024 earnings released: CN¥0.13 loss per share (vs CN¥0.16 loss in FY 2023)Full year 2024 results: CN¥0.13 loss per share (improved from CN¥0.16 loss in FY 2023). Revenue: CN¥584.8m (down 8.2% from FY 2023). Net loss: CN¥68.2m (loss narrowed 21% from FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 82 percentage points per year, which is a significant difference in performance.
New Risk • Mar 18New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Earnings have declined by 36% per year over the past 5 years. Minor Risks Latest financial reports are more than 6 months old (reported June 2024 fiscal period end). Market cap is less than US$100m (HK$211.9m market cap, or US$27.3m).
お知らせ • Mar 12Changmao Biochemical Engineering Company Limited to Report Fiscal Year 2024 Results on Mar 28, 2025Changmao Biochemical Engineering Company Limited announced that they will report fiscal year 2024 results on Mar 28, 2025
Recent Insider Transactions • Nov 07Non-Executive Director recently bought HK$141k worth of stockOn the 5th of November, Xiao Ping Yu bought around 320k shares on-market at roughly HK$0.44 per share. This transaction amounted to 12% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought HK$3.3m more in shares than they have sold in the last 12 months.
分析記事 • Sep 23Further Upside For Changmao Biochemical Engineering Company Limited (HKG:954) Shares Could Introduce Price Risks After 25% BounceChangmao Biochemical Engineering Company Limited ( HKG:954 ) shares have had a really impressive month, gaining 25...
Reported Earnings • Aug 19First half 2024 earnings released: CN¥0.035 loss per share (vs CN¥0.008 profit in 1H 2023)First half 2024 results: CN¥0.035 loss per share (down from CN¥0.008 profit in 1H 2023). Revenue: CN¥313.8m (up 5.8% from 1H 2023). Net loss: CN¥18.8m (down CN¥22.9m from profit in 1H 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 59 percentage points per year, which is a significant difference in performance.
お知らせ • Aug 02Changmao Biochemical Engineering Company Limited to Report First Half, 2024 Results on Aug 16, 2024Changmao Biochemical Engineering Company Limited announced that they will report first half, 2024 results on Aug 16, 2024
Recent Insider Transactions • May 09Chairman & Compliance Officer recently bought HK$132k worth of stockOn the 6th of May, Xin Sheng Rui bought around 316k shares on-market at roughly HK$0.42 per share. This transaction amounted to 2.7% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth HK$836k. Xin Sheng has been a buyer over the last 12 months, purchasing a net total of HK$3.7m worth in shares.
Recent Insider Transactions • Apr 24Chairman & Compliance Officer recently bought HK$836k worth of stockOn the 19th of April, Xin Sheng Rui bought around 2m shares on-market at roughly HK$0.38 per share. This transaction amounted to 23% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Xin Sheng has been a buyer over the last 12 months, purchasing a net total of HK$3.5m worth in shares.
Recent Insider Transactions • Apr 03Chairman & Compliance Officer recently bought HK$164k worth of stockOn the 28th of March, Xin Sheng Rui bought around 420k shares on-market at roughly HK$0.39 per share. This transaction amounted to 6.1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Xin Sheng has been a buyer over the last 12 months, purchasing a net total of HK$1.8m worth in shares.
お知らせ • Mar 27Changmao Biochemical Engineering Company Limited, Annual General Meeting, May 28, 2024Changmao Biochemical Engineering Company Limited, Annual General Meeting, May 28, 2024.
Reported Earnings • Mar 27Full year 2023 earnings released: CN¥0.16 loss per share (vs CN¥0.15 profit in FY 2022)Full year 2023 results: CN¥0.16 loss per share (down from CN¥0.15 profit in FY 2022). Revenue: CN¥637.1m (down 13% from FY 2022). Net loss: CN¥86.1m (down 206% from profit in FY 2022). Over the last 3 years on average, earnings per share has fallen by 18% per year and the company’s share price has also fallen by 18% per year.
New Risk • Mar 15New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Dividend is not well covered by earnings and cash flows. Payout ratio: 91% Paying a dividend despite having no free cash flows. High level of non-cash earnings (26% accrual ratio). Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Profit margins are more than 30% lower than last year (6.9% net profit margin). Market cap is less than US$100m (HK$198.6m market cap, or US$25.4m).
お知らせ • Mar 09Changmao Biochemical Engineering Company Limited to Report Fiscal Year 2023 Results on Mar 26, 2024Changmao Biochemical Engineering Company Limited announced that they will report fiscal year 2023 results on Mar 26, 2024
Recent Insider Transactions • Jan 09Chairman & Compliance Officer recently bought HK$59k worth of stockOn the 5th of January, Xin Sheng Rui bought around 100k shares on-market at roughly HK$0.59 per share. This transaction amounted to 1.5% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth HK$327k. Xin Sheng has been a buyer over the last 12 months, purchasing a net total of HK$1.7m worth in shares.
Recent Insider Transactions • Dec 28Chairman & Compliance Officer recently bought HK$231k worth of stockOn the 22nd of December, Xin Sheng Rui bought around 412k shares on-market at roughly HK$0.56 per share. This transaction amounted to 6.6% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth HK$327k. Xin Sheng has been a buyer over the last 12 months, purchasing a net total of HK$1.6m worth in shares.
Recent Insider Transactions • Dec 19Chairman & Compliance Officer recently bought HK$54k worth of stockOn the 14th of December, Xin Sheng Rui bought around 100k shares on-market at roughly HK$0.54 per share. This transaction amounted to 1.6% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth HK$327k. Xin Sheng has been a buyer over the last 12 months, purchasing a net total of HK$1.4m worth in shares.
Recent Insider Transactions • Nov 21Chairman & Compliance Officer recently bought HK$327k worth of stockOn the 17th of November, Xin Sheng Rui bought around 596k shares on-market at roughly HK$0.55 per share. This transaction amounted to 12% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Xin Sheng has been a buyer over the last 12 months, purchasing a net total of HK$1.0m worth in shares.
Recent Insider Transactions • Nov 07Chairman & Compliance Officer recently bought HK$277k worth of stockOn the 3rd of November, Xin Sheng Rui bought around 512k shares on-market at roughly HK$0.54 per share. This transaction amounted to 12% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Xin Sheng has been a buyer over the last 12 months, purchasing a net total of HK$487k worth in shares.
New Risk • Aug 19New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Currently running at an operating cash loss. 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 Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). High level of non-cash earnings (26% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (6.9% net profit margin). Market cap is less than US$100m (HK$354.9m market cap, or US$45.3m).
Reported Earnings • Aug 19First half 2023 earnings released: EPS: CN¥0.008 (vs CN¥0.077 in 1H 2022)First half 2023 results: EPS: CN¥0.008 (down from CN¥0.077 in 1H 2022). Revenue: CN¥296.6m (down 23% from 1H 2022). Net income: CN¥4.16m (down 90% from 1H 2022). Profit margin: 1.4% (down from 11% in 1H 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 47% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.
お知らせ • Aug 03Changmao Biochemical Engineering Company Limited to Report First Half, 2023 Results on Aug 18, 2023Changmao Biochemical Engineering Company Limited announced that they will report first half, 2023 results on Aug 18, 2023
分析記事 • Aug 02Investors Will Want Changmao Biochemical Engineering's (HKG:954) Growth In ROCE To PersistWhat trends should we look for it we want to identify stocks that can multiply in value over the long term? Ideally, a...
Buying Opportunity • Jul 19Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 16%. The fair value is estimated to be HK$1.09, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 19% over the last 3 years. Earnings per share has grown by 42%.
Buying Opportunity • Jun 30Now 22% undervalued after recent price dropOver the last 90 days, the stock is down 17%. The fair value is estimated to be HK$1.09, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 19% over the last 3 years. Earnings per share has grown by 42%.
お知らせ • May 19Changmao Biochemical Engineering Company Limited approves Final Dividend for the Year Ended 31 December 2022, Payable on 18 July 2023Changmao Biochemical Engineering Company Limited approved the payment of a final dividend of RMB 0.077 for the year ended 31 December 2022. Ex-dividend date is 22 May 2023. Record date is 29 May 2023. Payment date is 18 July 2023.
Upcoming Dividend • May 15Upcoming dividend of CN¥0.077 per share at 8.4% yieldEligible shareholders must have bought the stock before 22 May 2023. Payment date: 18 July 2023. Trailing yield: 8.4%. Within top quartile of Hong Kong dividend payers (7.6%). Higher than average of industry peers (7.2%).
Reported Earnings • Mar 30Full year 2022 earnings released: EPS: CN¥0.15 (vs CN¥0.11 in FY 2021)Full year 2022 results: EPS: CN¥0.15 (up from CN¥0.11 in FY 2021). Revenue: CN¥730.0m (up 33% from FY 2021). Net income: CN¥81.4m (up 40% from FY 2021). Profit margin: 11% (in line with FY 2021). Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.
分析記事 • Nov 18Returns On Capital At Changmao Biochemical Engineering (HKG:954) Have StalledDid you know there are some financial metrics that can provide clues of a potential multi-bagger? One common approach...
Board Change • Nov 16Less than half of directors are independentFollowing 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. 6 non-independent directors. Independent Non-Executive Director Mun Wah Cheng 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 • Oct 07First half 2022 earnings released: EPS: CN¥0.077 (vs CN¥0 in 1H 2021)First half 2022 results: EPS: CN¥0.077 (up from CN¥0 in 1H 2021). Revenue: CN¥382.8m (up 55% from 1H 2021). Net income: CN¥40.9m (up CN¥40.6m from 1H 2021). Profit margin: 11% (up from 0.1% in 1H 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 9% per year, which means it is significantly lagging earnings.
お知らせ • Aug 30Changmao Biochemical Engineering Company Limited Announces Appointment of Ms. Cheng Mun Wah as Independent Non-Executive Director and Chairman of Audit Committee, and Member of Remuneration Committee and Nomination CommitteeChangmao Biochemical Engineering Company Limited announced appointment of Ms. Cheng Mun Wah as an independent non-executive director, chairman of the audit committee and member of the remuneration committee and the nomination committee of the Company which was effective from 1 July 2022. The State Administration for Market Regulation has requested the Company to pass a resolution in a general meeting to approve, ratify and confirm the appointment of Ms. Cheng in order to register such change. The terms of the appointment of Ms. Cheng will be extended to 17 June 2025, which will be the same as that of other Directors of the 8th session of the board (the "Board") of directors (the "Directors"). Accordingly, an ordinary resolution in relation to the appointment of Ms. Cheng will be proposed at the extraordinary general meeting to be held by the Company on 20 September 2022. The biography of Ms. Cheng is set out below: Ms. Cheng Mun Wah, aged 60, has over 25 years of experience in the field of corporate finance and accounting in Hong Kong. Ms. Cheng holds a bachelor's degree of commerce from the University of Alberta in Canada. Ms. Cheng is currently a managing director of a corporation licensed to carry out type 1 (dealing in securities) and type 6 (advising on corporate finance) regulated activities as defined under the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong) (the "SFO"). Ms. Cheng is a certified public accountant of The Hong Kong Institute of Certified Public Accountants and a fellow member of The Chartered Association of Certified Accountants.
Reported Earnings • Aug 19First half 2022 earnings released: EPS: CN¥0 (vs CN¥0 in 1H 2021)First half 2022 results: EPS: CN¥0 (vs CN¥0 in 1H 2021). Revenue: CN¥382.8m (up 55% from 1H 2021). Net income: CN¥40.9m (up CN¥40.6m from 1H 2021). Profit margin: 11% (up from 0.1% in 1H 2021).
お知らせ • Aug 07Changmao Biochemical Engineering Company Limited to Report First Half, 2022 Results on Aug 18, 2022Changmao Biochemical Engineering Company Limited announced that they will report first half, 2022 results on Aug 18, 2022
お知らせ • Aug 06Changmao Biochemical Engineering Company Limited Provides Consolidated Earnings Guidance for the Six Months Ended June 30, 2022Changmao Biochemical Engineering Company Limited provided consolidated earnings guidance for the six months ended June 30, 2022. For the period, the company is likely to record a consolidated net profit attributable to the equity holders of the Company for 1H2022 of an amount ranging between RMB 35 million to RMB 45 million, represent a significant increase compared to the consolidated net profit attributable to the equity holders of the Company of approximately RMB 0.24 million for the six months ended 30 June 2021.
お知らせ • Jul 01Changmao Biochemical Engineering Company Limited Appoints Cheng Mun Wah as Independent Non-Executive Director and Chairman of Audit Committee and Member of Remuneration Committee and Nomination CommitteeThe board of directors of Changmao Biochemical Engineering Company Limited announced that, having taken into account the Board Diversity Policy of the Company, the views, skills and experience of Ms. Cheng Mun Wah and the contribution she may bring to the Company, the Nomination Committee of the Company and the Board have considered and approved to appoint Ms. Cheng as an independent non-executive Director for a term from July 1, 2022 until the conclusion of the next following annual general meeting of the Company to be held in 2023. Ms. Cheng Mun Wah, aged 60, has over 25 years of experience in the field of corporate finance and accounting in Hong Kong. Ms. Cheng holds a bachelor's degree of commerce from the University of Alberta in Canada. Ms. Cheng is currently a managing director of a corporation licensed to carry out type 1 (dealing in securities) and type 6 (advising on corporate finance) regulated activities as defined under the Securities and Futures Ordinance Ms. Cheng is a certified public accountant of The Hong Kong Institute of Certified Public Accountants and a fellow member of The Chartered Association of Certified Accountants. Ms. Cheng has entered into a letter of appointment with the Company. The remuneration payable to Ms. Cheng is determined by the remuneration committee of the Company, with reference to her expected contribution of time, effort and expertise on the Company's matters. Ms. Cheng is entitled to an annual Director's fee of RMB 80,000 per her term of office. Ms. Cheng has also been appointed as the chairman of the audit committee, and a member of the remuneration committee and the nomination committee of the Company effective from July 1, 2022.
お知らせ • May 26Changmao Biochemical Engineering Company Limited Approves Board Resignations, Effective 18 June 2022Changmao Biochemical Engineering Company Limited announced that at its AGM held on 25 May 2022, the shareholders approved resignation of Prof. Ouyang Ping Kai, Ms. Wei Xin and Ms. Au Fung Lan as independent non-executive director with effect from 18 June 2022.
分析記事 • Apr 28We Believe Changmao Biochemical Engineering's (HKG:954) Earnings Are A Poor Guide For Its ProfitabilityEven though Changmao Biochemical Engineering Company Limited ( HKG:954 ) posted strong earnings recently, the stock...
Board Change • Apr 27Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. 6 experienced directors. 5 highly experienced directors. 3 independent directors (6 non-independent directors). Independent Supervisor Zhou Zhi Wei 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 22+ 1 more updateChangmao Biochemical Engineering Company Limited Omits Final Dividend for the Year Ended 31 December 2021Changmao Biochemical Engineering Company Limited announced that the directors do not recommend the payment of a final dividend in respect of the year ended 31 December 2021 (2020: RMB 0.02 (inclusive of tax) per share, totaling approximately RMB 10,594,000).
Reported Earnings • Mar 28Full year 2021 earnings releasedFull year 2021 results: Revenue: CN¥548.0m (up 23% from FY 2020). Net income: CN¥58.3m (up 247% from FY 2020). Profit margin: 11% (up from 3.8% in FY 2020). The increase in margin was driven by higher revenue.
分析記事 • Aug 03Changmao Biochemical Engineering (HKG:954) Will Be Looking To Turn Around Its ReturnsWhen we're researching a company, it's sometimes hard to find the warning signs, but there are some financial metrics...
Upcoming Dividend • May 17Upcoming dividend of CN¥0.02 per shareEligible shareholders must have bought the stock before 24 May 2021. Payment date: 30 July 2021. Trailing yield: 3.2%. Lower than top quartile of Hong Kong dividend payers (6.0%). Lower than average of industry peers (3.9%).
分析記事 • May 04Changmao Biochemical Engineering (HKG:954) May Have Issues Allocating Its CapitalIf we're looking to avoid a business that is in decline, what are the trends that can warn us ahead of time? Typically...
Reported Earnings • Apr 24Full year 2020 earnings released: EPS CN¥0.032 (vs CN¥0.11 in FY 2019)The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: CN¥444.1m (down 10% from FY 2019). Net income: CN¥16.8m (down 71% from FY 2019). Profit margin: 3.8% (down from 12% in FY 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.
Reported Earnings • Apr 01Full year 2020 earnings releasedThe company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: CN¥444.1m (down 10% from FY 2019). Net income: CN¥16.8m (down 71% from FY 2019). Profit margin: 3.8% (down from 12% in FY 2019). The decrease in margin was driven by lower revenue.
お知らせ • Mar 18Changmao Biochemical Engineering Company Limited Provides Earnings Guidance for the Year Ended 31 December 2020The board of directors of the Changmao Biochemical Engineering Company Limited informed the shareholders of the company and potential investors that the Group has substantially completed the assessment of the Impairment Loss and DTA Write off; and having assessed the currently available information, the Group is likely to record a consolidated net profit attributable to the equity holders of the company for the year ended 31 December 2020 of approximately RMB 14,000,000 to RMB 21,000,000, which represents a significant decline as compared with the consolidated net profit attributable to the equity holders of the company of approximately RMB 58,299,000 for the year ended 31 December 2019.
お知らせ • Mar 16Changmao Biochemical Engineering Company Limited to Report Fiscal Year 2020 Results on Mar 30, 2021Changmao Biochemical Engineering Company Limited announced that they will report fiscal year 2020 results on Mar 30, 2021
分析記事 • Feb 23Tread With Caution Around Changmao Biochemical Engineering Company Limited's (HKG:954) 8.8% Dividend YieldCould Changmao Biochemical Engineering Company Limited ( HKG:954 ) be an attractive dividend share to own for the long...
分析記事 • Jan 26Will Changmao Biochemical Engineering (HKG:954) Multiply In Value Going Forward?What are the early trends we should look for to identify a stock that could multiply in value over the long term...
Is New 90 Day High Low • Jan 26New 90-day high: HK$0.65The company is up 12% from its price of HK$0.58 on 28 October 2020. The Hong Kong market is up 21% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 49% over the same period.
分析記事 • Dec 02A Quick Analysis On Changmao Biochemical Engineering's (HKG:954) CEO SalaryChun Pan is the CEO of Changmao Biochemical Engineering Company Limited ( HKG:954 ), and in this article, we analyze...
Is New 90 Day High Low • Oct 30New 90-day low: HK$0.56The company is down 11% from its price of HK$0.63 on 31 July 2020. The Hong Kong market is up 1.0% over the last 90 days, indicating the company underperformed over that time. However, its price trend is similar to the Chemicals industry, which is also down 11% over the same period.
お知らせ • Aug 08Changmao Biochemical Engineering Company Limited to Report First Half, 2020 Results on Aug 28, 2020Changmao Biochemical Engineering Company Limited announced that they will report first half, 2020 results on Aug 28, 2020