Board Change • May 20
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 5 non-independent directors. Independent Director Mulin Han was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. 공시 • Apr 17
Nanjing Develop Advanced Manufacturing Co., Ltd., Annual General Meeting, May 07, 2026 Nanjing Develop Advanced Manufacturing Co., Ltd., Annual General Meeting, May 07, 2026, at 14:00 China Standard Time. Location: 3F, No. 8, Dixi Road, Jiangbei New District, Nanjing, Jiangsu China 공시 • Mar 30
Nanjing Develop Advanced Manufacturing Co., Ltd. to Report Q1, 2026 Results on Apr 25, 2026 Nanjing Develop Advanced Manufacturing Co., Ltd. announced that they will report Q1, 2026 results on Apr 25, 2026 공시 • Dec 26
Nanjing Develop Advanced Manufacturing Co., Ltd. to Report Fiscal Year 2025 Results on Apr 17, 2026 Nanjing Develop Advanced Manufacturing Co., Ltd. announced that they will report fiscal year 2025 results on Apr 17, 2026 공시 • Sep 30
Nanjing Develop Advanced Manufacturing Co., Ltd. to Report Q3, 2025 Results on Oct 31, 2025 Nanjing Develop Advanced Manufacturing Co., Ltd. announced that they will report Q3, 2025 results on Oct 31, 2025 공시 • Jun 30
Nanjing Develop Advanced Manufacturing Co., Ltd. to Report First Half, 2025 Results on Aug 28, 2025 Nanjing Develop Advanced Manufacturing Co., Ltd. announced that they will report first half, 2025 results on Aug 28, 2025 공시 • Apr 26
Nanjing Develop Advanced Manufacturing Co., Ltd., Annual General Meeting, May 20, 2025 Nanjing Develop Advanced Manufacturing Co., Ltd., Annual General Meeting, May 20, 2025, at 14:00 China Standard Time. Location: The Company's Meeting Room, Nanjing, Jiangsu China 공시 • Mar 28
Nanjing Develop Advanced Manufacturing Co., Ltd. to Report Q1, 2025 Results on Apr 26, 2025 Nanjing Develop Advanced Manufacturing Co., Ltd. announced that they will report Q1, 2025 results on Apr 26, 2025 공시 • Dec 27
Nanjing Develop Advanced Manufacturing Co., Ltd. to Report Fiscal Year 2024 Results on Apr 26, 2025 Nanjing Develop Advanced Manufacturing Co., Ltd. announced that they will report fiscal year 2024 results on Apr 26, 2025 Reported Earnings • Oct 30
Third quarter 2024 earnings released: EPS: CN¥0.042 (vs CN¥0.22 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.042 (down from CN¥0.22 in 3Q 2023). Revenue: CN¥231.6m (down 31% from 3Q 2023). Net income: CN¥8.31m (down 81% from 3Q 2023). Profit margin: 3.6% (down from 13% in 3Q 2023). The decrease in margin was driven by lower revenue. Valuation Update With 7 Day Price Move • Oct 15
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to CN¥13.80, the stock trades at a trailing P/E ratio of 22.8x. Average trailing P/E is 28x in the Energy Services industry in China. Total loss to shareholders of 49% over the past year. New Risk • Sep 30
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 8.0% 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: Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (8.0% average weekly change). 공시 • Sep 30
Nanjing Develop Advanced Manufacturing Co., Ltd. to Report Q3, 2024 Results on Oct 30, 2024 Nanjing Develop Advanced Manufacturing Co., Ltd. announced that they will report Q3, 2024 results on Oct 30, 2024 Valuation Update With 7 Day Price Move • Sep 28
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥12.27, the stock trades at a trailing P/E ratio of 20.3x. Average trailing P/E is 24x in the Energy Services industry in China. Total loss to shareholders of 61% over the past year. Valuation Update With 7 Day Price Move • Sep 10
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to CN¥10.25, the stock trades at a trailing P/E ratio of 16.8x. Average trailing P/E is 22x in the Energy Services industry in China. Total loss to shareholders of 60% over the past year. Reported Earnings • Aug 30
Second quarter 2024 earnings released: EPS: CN¥0.14 (vs CN¥0.26 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.14 (down from CN¥0.26 in 2Q 2023). Revenue: CN¥276.6m (down 16% from 2Q 2023). Net income: CN¥27.3m (down 46% from 2Q 2023). Profit margin: 9.9% (down from 15% in 2Q 2023). The decrease in margin was driven by lower revenue. 공시 • Jun 28
Nanjing Develop Advanced Manufacturing Co., Ltd. to Report First Half, 2024 Results on Aug 30, 2024 Nanjing Develop Advanced Manufacturing Co., Ltd. announced that they will report first half, 2024 results on Aug 30, 2024 Upcoming Dividend • Jun 11
Upcoming dividend of CN¥0.23 per share Eligible shareholders must have bought the stock before 18 June 2024. Payment date: 18 June 2024. Payout ratio is a comfortable 31% but the company is not cash flow positive. Trailing yield: 1.5%. Lower than top quartile of Chinese dividend payers (2.4%). Lower than average of industry peers (2.0%). 공시 • Apr 21
Nanjing Develop Advanced Manufacturing Co., Ltd., Annual General Meeting, May 13, 2024 Nanjing Develop Advanced Manufacturing Co., Ltd., Annual General Meeting, May 13, 2024, at 14:00 China Standard Time. Location: The Company's Meeting Room, Nanjing, Jiangsu China Reported Earnings • Apr 20
First quarter 2024 earnings released: EPS: CN¥0.15 (vs CN¥0.16 in 1Q 2023) First quarter 2024 results: EPS: CN¥0.15 (down from CN¥0.16 in 1Q 2023). Revenue: CN¥286.4m (up 5.8% from 1Q 2023). Net income: CN¥28.2m (down 7.4% from 1Q 2023). Profit margin: 9.9% (down from 11% in 1Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 35% p.a. on average during the next 2 years, compared to a 13% growth forecast for the Energy Services industry in China. Valuation Update With 7 Day Price Move • Apr 03
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to CN¥19.54, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 15x in the Energy Services industry in China. Total loss to shareholders of 39% over the past year. 공시 • Mar 29
Nanjing Develop Advanced Manufacturing Co., Ltd. to Report Q1, 2024 Results on Apr 20, 2024 Nanjing Develop Advanced Manufacturing Co., Ltd. announced that they will report Q1, 2024 results on Apr 20, 2024 Reported Earnings • Feb 24
Full year 2023 earnings released: EPS: CN¥0.74 (vs CN¥0.63 in FY 2022) Full year 2023 results: EPS: CN¥0.74 (up from CN¥0.63 in FY 2022). Revenue: CN¥1.21b (up 23% from FY 2022). Net income: CN¥142.3m (up 17% from FY 2022). Profit margin: 12% (in line with FY 2022). Revenue is forecast to grow 31% p.a. on average during the next 2 years, compared to a 14% growth forecast for the Energy Services industry in China. New Risk • Feb 08
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Chinese stocks, typically moving 9.0% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (9.0% average weekly change). Minor Risk Paying a dividend despite having no free cash flows. Valuation Update With 7 Day Price Move • Feb 06
Investor sentiment deteriorates as stock falls 20% After last week's 20% share price decline to CN¥14.29, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 11x in the Energy Services industry in China. Valuation Update With 7 Day Price Move • Jan 22
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to CN¥20.59, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 13x in the Energy Services industry in China. Reported Earnings • Nov 01
Third quarter 2023 earnings released: EPS: CN¥0.22 (vs CN¥0.22 in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.22. Revenue: CN¥335.7m (up 18% from 3Q 2022). Net income: CN¥43.1m (up 3.5% from 3Q 2022). Profit margin: 13% (down from 15% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 32% p.a. on average during the next 3 years, compared to a 17% growth forecast for the Energy Services industry in China. Valuation Update With 7 Day Price Move • Sep 19
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥30.14, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 17x in the Energy Services industry in China. Reported Earnings • Aug 11
Second quarter 2023 earnings released: EPS: CN¥0.26 (vs CN¥0.13 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.26 (up from CN¥0.13 in 2Q 2022). Revenue: CN¥329.6m (up 54% from 2Q 2022). Net income: CN¥50.6m (up 92% from 2Q 2022). Profit margin: 15% (up from 12% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 35% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Energy Services industry in China. Valuation Update With 7 Day Price Move • Jul 13
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to CN¥29.14, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 19x in the Energy Services industry in China. Reported Earnings • Apr 22
First quarter 2023 earnings released: EPS: CN¥0.16 (vs CN¥0.16 in 1Q 2022) First quarter 2023 results: EPS: CN¥0.16 (in line with 1Q 2022). Revenue: CN¥270.7m (up 35% from 1Q 2022). Net income: CN¥30.5m (flat on 1Q 2022). Profit margin: 11% (down from 15% in 1Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 34% p.a. on average during the next 2 years, compared to a 14% growth forecast for the Energy Services industry in China. Board Change • Mar 15
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 (4 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.