New Risk • May 07
New major risk - Financial position The 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). Earnings have declined by 40% per year over the past 5 years. Reported Earnings • May 06
Full year 2025 earnings released: CN¥0.29 loss per share (vs CN¥0.25 loss in FY 2024) Full year 2025 results: CN¥0.29 loss per share (further deteriorated from CN¥0.25 loss in FY 2024). Revenue: CN¥376.7m (down 37% from FY 2024). Net loss: CN¥384.6m (loss widened 15% from FY 2024). Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings. 공시 • Apr 30
Kangxin New Materials Co., Ltd, Annual General Meeting, May 20, 2026 Kangxin New Materials Co., Ltd, Annual General Meeting, May 20, 2026, at 09:30 China Standard Time. Location: The Company's Meeting Room, Xiaogan, Hubei China 공시 • Mar 30
Kangxin New Materials Co., Ltd to Report Q1, 2026 Results on Apr 30, 2026 Kangxin New Materials Co., Ltd announced that they will report Q1, 2026 results on Apr 30, 2026 New Risk • Jan 21
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 7.6% 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 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 Risk Share price has been volatile over the past 3 months (7.6% average weekly change). 공시 • Dec 26
Kangxin New Materials Co., Ltd to Report Fiscal Year 2025 Results on Apr 30, 2026 Kangxin New Materials Co., Ltd announced that they will report fiscal year 2025 results on Apr 30, 2026 Reported Earnings • Oct 28
Third quarter 2025 earnings released: CN¥0.04 loss per share (vs CN¥0.03 loss in 3Q 2024) Third quarter 2025 results: CN¥0.04 loss per share (further deteriorated from CN¥0.03 loss in 3Q 2024). Revenue: CN¥91.9m (down 52% from 3Q 2024). Net loss: CN¥55.2m (loss widened 45% from 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 31% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings. 공시 • Sep 30
Kangxin New Materials Co., Ltd to Report Q3, 2025 Results on Oct 28, 2025 Kangxin New Materials Co., Ltd announced that they will report Q3, 2025 results on Oct 28, 2025 New Risk • Aug 18
New major risk - Financial position The company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 1.7% 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 (1.7% operating cash flow to total debt). Earnings have declined by 40% per year over the past 5 years. Reported Earnings • Aug 17
Second quarter 2025 earnings released Second quarter 2025 results: Revenue: CN¥128.7m (down 48% from 2Q 2024). Net loss: CN¥88.7m (loss widened 65% from 2Q 2024). 공시 • Jun 30
Kangxin New Materials Co., Ltd to Report First Half, 2025 Results on Aug 14, 2025 Kangxin New Materials Co., Ltd announced that they will report first half, 2025 results on Aug 14, 2025 New Risk • May 18
New major risk - Financial position The company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 2.1% 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 (2.1% operating cash flow to total debt). Earnings have declined by 47% per year over the past 5 years. 공시 • Apr 28
Kangxin New Materials Co., Ltd, Annual General Meeting, May 20, 2025 Kangxin New Materials Co., Ltd, Annual General Meeting, May 20, 2025, at 09:30 China Standard Time. Location: The Company's Meeting Room, Xiaogan, Hubei China Reported Earnings • Apr 27
Full year 2024 earnings released: CN¥0.25 loss per share (vs CN¥0.22 loss in FY 2023) Full year 2024 results: CN¥0.25 loss per share (further deteriorated from CN¥0.22 loss in FY 2023). Revenue: CN¥602.2m (up 145% from FY 2023). Net loss: CN¥333.6m (loss widened 12% from FY 2023). Over the last 3 years on average, earnings per share has fallen by 50% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings. 공시 • Mar 28
Kangxin New Materials Co., Ltd to Report Q1, 2025 Results on Apr 28, 2025 Kangxin New Materials Co., Ltd announced that they will report Q1, 2025 results on Apr 28, 2025 Buy Or Sell Opportunity • Mar 24
Now 23% undervalued after recent price drop Over the last 90 days, the stock has fallen 3.2% to CN¥2.15. The fair value is estimated to be CN¥2.79, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 50% over the last 3 years. Meanwhile, the company became loss making. Buy Or Sell Opportunity • Mar 03
Now 25% undervalued after recent price drop Over the last 90 days, the stock has fallen 18% to CN¥2.22. The fair value is estimated to be CN¥2.95, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 50% over the last 3 years. Meanwhile, the company became loss making. 공시 • Dec 27
Kangxin New Materials Co., Ltd to Report Fiscal Year 2024 Results on Apr 28, 2025 Kangxin New Materials Co., Ltd announced that they will report fiscal year 2024 results on Apr 28, 2025 Buy Or Sell Opportunity • Dec 17
Now 22% undervalued Over the last 90 days, the stock has risen 83% to CN¥2.54. The fair value is estimated to be CN¥3.27, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 50% over the last 3 years. Meanwhile, the company became loss making. New Risk • Nov 07
New major risk - Financial position The company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 2.9% 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 (2.9% operating cash flow to total debt). Earnings have declined by 62% per year over the past 5 years. Reported Earnings • Oct 29
Third quarter 2024 earnings released: CN¥0.03 loss per share (vs CN¥0.03 loss in 3Q 2023) Third quarter 2024 results: CN¥0.03 loss per share (in line with 3Q 2023). Revenue: CN¥192.8m (up 281% from 3Q 2023). Net loss: CN¥38.2m (loss narrowed 11% from 3Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 48 percentage points per year, which is a significant difference in performance. 공시 • Sep 30
Kangxin New Materials Co., Ltd to Report Q3, 2024 Results on Oct 29, 2024 Kangxin New Materials Co., Ltd announced that they will report Q3, 2024 results on Oct 29, 2024 Reported Earnings • Aug 04
Second quarter 2024 earnings released: CN¥0.03 loss per share (vs CN¥0.039 loss in 2Q 2023) Second quarter 2024 results: CN¥0.03 loss per share (improved from CN¥0.039 loss in 2Q 2023). Revenue: CN¥248.4m (up CN¥224.6m from 2Q 2023). Net loss: CN¥53.6m (loss narrowed 3.2% from 2Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 43 percentage points per year, which is a significant difference in performance. 공시 • Jun 28
Kangxin New Materials Co., Ltd to Report First Half, 2024 Results on Jul 17, 2024 Kangxin New Materials Co., Ltd announced that they will report first half, 2024 results on Jul 17, 2024 New Risk • May 15
New major risk - Financial position The 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). Earnings have declined by 70% per year over the past 5 years. 공시 • Apr 21
Kangxin New Materials Co., Ltd, Annual General Meeting, May 14, 2024 Kangxin New Materials Co., Ltd, Annual General Meeting, May 14, 2024, at 09:30 China Standard Time. Location: The Company's Meeting Room, Xiaogan, Hubei China Reported Earnings • Apr 20
First quarter 2024 earnings released: CN¥0.03 loss per share (vs CN¥0.03 loss in 1Q 2023) First quarter 2024 results: CN¥0.03 loss per share (in line with 1Q 2023). Revenue: CN¥52.5m (up 224% from 1Q 2023). Net loss: CN¥33.6m (loss narrowed 3.7% from 1Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 43 percentage points per year, which is a significant difference in performance. 공시 • Mar 29
Kangxin New Materials Co., Ltd to Report Q1, 2024 Results on Apr 20, 2024 Kangxin New Materials Co., Ltd announced that they will report Q1, 2024 results on Apr 20, 2024 공시 • Dec 29
Kangxin New Materials Co., Ltd to Report Fiscal Year 2023 Results on Apr 20, 2024 Kangxin New Materials Co., Ltd announced that they will report fiscal year 2023 results on Apr 20, 2024 Reported Earnings • Oct 25
Third quarter 2023 earnings released: CN¥0.03 loss per share (vs CN¥0.03 loss in 3Q 2022) Third quarter 2023 results: CN¥0.03 loss per share (in line with 3Q 2022). Revenue: CN¥50.6m (down 32% from 3Q 2022). Net loss: CN¥42.9m (loss narrowed 6.8% from 3Q 2022). Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings. New Risk • Sep 15
New major risk - Financial position The company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 4.4% 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 (4.4% operating cash flow to total debt). Earnings have declined by 68% per year over the past 5 years. Reported Earnings • Aug 31
Second quarter 2023 earnings released: CN¥0.039 loss per share (vs CN¥0.039 loss in 2Q 2022) Second quarter 2023 results: CN¥0.039 loss per share (in line with 2Q 2022). Revenue: CN¥32.8m (down 70% from 2Q 2022). Net loss: CN¥54.5m (loss narrowed 1.5% from 2Q 2022). Over the last 3 years on average, earnings per share has fallen by 39% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings. 공시 • Feb 17
Kangxin New Materials Co., Ltd (SHSE:600076) proposed to acquire a 51% stake in Wuxi Qingshan Green Building Co., Ltd. from Wuxi Shanshui Green Building Technology Co., Ltd. for CNY 55 million. Kangxin New Materials Co., Ltd (SHSE:600076) proposed to acquire a 51% stake in Wuxi Qingshan Green Building Co., Ltd. from Wuxi Shanshui Green Building Technology Co., Ltd. for CNY 55 million on February 15, 2023. The consideration comprises of not more than CNY 55 million and will be paid in cash. Following this transaction, Kangxin New Materials will own a 51% stake and Wuxi Shanshui Green will own 49% stake in Wuxi Qingshan Green. As of August 31, 2022, Wuxi Qingshan Green had total owner's equity of CNY 102.07 million. The transaction has been approved by the Board of Directors and Supervisors of Kangxin New Materials unanimously. The transaction still needs to be approved by shareholders of Kangxin New Materials, Wuxi Municipal State-owned Assets Supervision and Administration Commission and the relevant evaluation and filing procedures. Board Change • Nov 16
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. 6 non-independent directors. Independent Director Yoo Jin Cho was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Oct 30
Third quarter 2022 earnings released: CN¥0.03 loss per share (vs CN¥0.019 loss in 3Q 2021) Third quarter 2022 results: CN¥0.03 loss per share (further deteriorated from CN¥0.019 loss in 3Q 2021). Revenue: CN¥74.2m (down 72% from 3Q 2021). Net loss: CN¥46.0m (loss widened 76% from 3Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 88 percentage points per year, which is a significant difference in performance. Reported Earnings • Aug 20
Second quarter 2022 earnings released: CN¥0.039 loss per share (vs CN¥0.019 profit in 2Q 2021) Second quarter 2022 results: CN¥0.039 loss per share (down from CN¥0.019 profit in 2Q 2021). Revenue: CN¥110.4m (down 69% from 2Q 2021). Net loss: CN¥55.4m (down 332% from profit in 2Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 96 percentage points per year, which is a significant difference in performance. Reported Earnings • May 02
First quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind First quarter 2022 results: CN¥0.03 loss per share (down from CN¥0.03 profit in 1Q 2021). Revenue: CN¥147.8m (down 64% from 1Q 2021). Net loss: CN¥36.9m (down 187% from profit in 1Q 2021). Revenue exceeded analyst estimates by 5.3%. Earnings per share (EPS) missed analyst estimates. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 87 percentage points per year, which is a significant difference in performance. Reported Earnings • Apr 03
Full year 2021 earnings: Revenues exceed analysts expectations while EPS lags behind Full year 2021 results: EPS: CN¥0.023 (up from CN¥0.16 loss in FY 2020). Revenue: CN¥1.29b (up 26% from FY 2020). Net income: CN¥30.5m (up CN¥191.9m from FY 2020). Profit margin: 2.4% (up from net loss in FY 2020). The move to profitability was driven by higher revenue. Revenue exceeded analyst estimates by 5.3%. Earnings per share (EPS) missed analyst estimates by 17%. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 80 percentage points per year, which is a significant difference in performance. Reported Earnings • Nov 03
Third quarter 2021 earnings released: CN¥0.019 loss per share (vs CN¥0.12 loss in 3Q 2020) The company reported a solid third quarter result with reduced losses, improved revenues and improved control over expenses. Third quarter 2021 results: Revenue: CN¥266.6m (up 24% from 3Q 2020). Net loss: CN¥26.1m (loss narrowed 79% from 3Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 83 percentage points per year, which is a significant difference in performance. Reported Earnings • Aug 22
Second quarter 2021 earnings released: EPS CN¥0.019 (vs CN¥0.021 loss in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CN¥353.4m (up 24% from 2Q 2020). Net income: CN¥23.8m (up CN¥49.3m from 2Q 2020). Profit margin: 6.7% (up from net loss in 2Q 2020). 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 78 percentage points per year, which is a significant difference in performance. Reported Earnings • Apr 29
First quarter 2021 earnings released: EPS CN¥0.03 (vs CN¥0.03 loss in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: CN¥405.8m (up 148% from 1Q 2020). Net income: CN¥42.3m (up CN¥70.0m from 1Q 2020). Profit margin: 10% (up from net loss in 1Q 2020). The move to profitability was driven by higher revenue. Is New 90 Day High Low • Mar 07
New 90-day high: CN¥3.87 The company is up 2.0% from its price of CN¥3.80 on 07 December 2020. The Chinese market is up 1.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Forestry industry, which is up 14% over the same period. Is New 90 Day High Low • Jan 29
New 90-day low: CN¥3.14 The company is down 3.0% from its price of CN¥3.23 on 30 October 2020. The Chinese market is up 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Forestry industry, which is up 17% over the same period. Is New 90 Day High Low • Dec 04
New 90-day high: CN¥3.92 The company is up 11% from its price of CN¥3.53 on 04 September 2020. The Chinese market is flat over the last 90 days, indicating the company outperformed over that time. It also outperformed the Forestry industry, which is up 1.0% over the same period. Is New 90 Day High Low • Nov 06
New 90-day high: CN¥3.75 The company is up 7.0% from its price of CN¥3.50 on 07 August 2020. The Chinese market is down 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Forestry industry, which is down 5.0% over the same period. Reported Earnings • Nov 01
Third quarter earnings released Over the last 12 months the company has reported total losses of CN¥131.4m, with earnings decreasing by CN¥583.6m from the prior year. Total revenue was CN¥1.13b over the last 12 months, down 42% from the prior year. 공시 • Oct 29
Kangxin New Materials Co., Ltd. to Report Q3, 2020 Results on Oct 31, 2020 Kangxin New Materials Co., Ltd. announced that they will report Q3, 2020 results on Oct 31, 2020 Is New 90 Day High Low • Sep 29
New 90-day low: CN¥3.23 The company is down 1.0% from its price of CN¥3.27 on 01 July 2020. The Chinese market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Forestry industry, which is up 14% over the same period. 공시 • Jul 18
Kangxin New Materials Co.,Ltd to Report First Half, 2020 Results on Aug 29, 2020 Kangxin New Materials Co.,Ltd announced that they will report first half, 2020 results on Aug 29, 2020 
