View ValuationSichuan Em Technology 향후 성장Future 기준 점검 5/6Sichuan Em Technology (는) 각각 연간 50.2% 및 23.4% 수익과 수익이 증가할 것으로 예상됩니다. EPS는 연간 49.7% 만큼 성장할 것으로 예상됩니다. 자기자본이익률은 3년 후 18.7% 로 예상됩니다.핵심 정보50.2%이익 성장률49.70%EPS 성장률Chemicals 이익 성장30.6%매출 성장률23.4%향후 자기자본이익률18.74%애널리스트 커버리지Low마지막 업데이트06 May 2026최근 향후 성장 업데이트Major Estimate Revision • Feb 03Consensus EPS estimates fall by 22%The consensus outlook for fiscal year 2025 has been updated. 2025 EPS estimate fell from CN¥0.43 to CN¥0.335. Revenue forecast unchanged from CN¥5.31b at last update. Net income forecast to grow 180% next year vs 47% growth forecast for Chemicals industry in China. Consensus price target up from CN¥20.57 to CN¥27.36. Share price rose 3.8% to CN¥27.90 over the past week.Price Target Changed • Jan 13Price target increased by 12% to CN¥20.57Up from CN¥18.30, the current price target is an average from 3 analysts. New target price is 21% below last closing price of CN¥26.02. Stock is up 238% over the past year. The company is forecast to post earnings per share of CN¥0.43 for next year compared to CN¥0.20 last year.Price Target Changed • Jul 24Price target increased by 10% to CN¥12.92Up from CN¥11.70, the current price target is an average from 4 analysts. New target price is 14% below last closing price of CN¥15.10. Stock is up 136% over the past year. The company is forecast to post earnings per share of CN¥0.48 for next year compared to CN¥0.20 last year.Price Target Changed • Apr 16Price target increased by 15% to CN¥11.70Up from CN¥10.20, the current price target is an average from 2 analysts. New target price is 39% above last closing price of CN¥8.43. Stock is up 2.4% over the past year. The company is forecast to post earnings per share of CN¥0.41 for next year compared to CN¥0.37 last year.Price Target Changed • Apr 09Price target increased by 8.3% to CN¥10.47Up from CN¥9.66, the current price target is an average from 3 analysts. New target price is 26% above last closing price of CN¥8.29. Stock is down 2.2% over the past year. The company is forecast to post earnings per share of CN¥0.39 for next year compared to CN¥0.37 last year.Major Estimate Revision • Nov 23Consensus EPS estimates fall by 14%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from CN¥5.21b to CN¥4.69b. EPS estimate also fell from CN¥0.46 per share to CN¥0.396 per share. Net income forecast to grow 77% next year vs 53% growth forecast for Chemicals industry in China. Consensus price target up from CN¥9.66 to CN¥10.20. Share price fell 3.8% to CN¥8.14 over the past week.모든 업데이트 보기Recent updatesNew Risk • May 12New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 28% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (9.3% average weekly change). Large one-off items impacting financial results.Reported Earnings • Apr 24First quarter 2026 earnings released: EPS: CN¥0.18 (vs CN¥0.10 in 1Q 2025)First quarter 2026 results: EPS: CN¥0.18 (up from CN¥0.10 in 1Q 2025). Revenue: CN¥1.44b (up 27% from 1Q 2025). Net income: CN¥186.8m (up 103% from 1Q 2025). Profit margin: 13% (up from 8.1% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 25% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Chemicals industry in China. Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has increased by 41% per year, which means it is well ahead of earnings.공시 • Mar 30Sichuan Em Technology Co., Ltd. to Report Q1, 2026 Results on Apr 23, 2026Sichuan Em Technology Co., Ltd. announced that they will report Q1, 2026 results on Apr 23, 2026Major Estimate Revision • Feb 03Consensus EPS estimates fall by 22%The consensus outlook for fiscal year 2025 has been updated. 2025 EPS estimate fell from CN¥0.43 to CN¥0.335. Revenue forecast unchanged from CN¥5.31b at last update. Net income forecast to grow 180% next year vs 47% growth forecast for Chemicals industry in China. Consensus price target up from CN¥20.57 to CN¥27.36. Share price rose 3.8% to CN¥27.90 over the past week.Price Target Changed • Jan 13Price target increased by 12% to CN¥20.57Up from CN¥18.30, the current price target is an average from 3 analysts. New target price is 21% below last closing price of CN¥26.02. Stock is up 238% over the past year. The company is forecast to post earnings per share of CN¥0.43 for next year compared to CN¥0.20 last year.공시 • Dec 26Sichuan Em Technology Co., Ltd. to Report Fiscal Year 2025 Results on Apr 23, 2026Sichuan Em Technology Co., Ltd. announced that they will report fiscal year 2025 results on Apr 23, 2026New Risk • Oct 25New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 126% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (11% average weekly change). Minor Risks Paying a dividend despite having no free cash flows. Large one-off items impacting financial results.Reported Earnings • Oct 24Third quarter 2025 earnings: EPS and revenues miss analyst expectationsThird quarter 2025 results: EPS: CN¥0.10 (up from CN¥0.08 in 3Q 2024). Revenue: CN¥1.37b (up 22% from 3Q 2024). Net income: CN¥92.6m (up 21% from 3Q 2024). Profit margin: 6.8% (in line with 3Q 2024). Revenue missed analyst estimates by 6.8%. Earnings per share (EPS) also missed analyst estimates by 24%. Revenue is forecast to grow 21% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Chemicals industry in China. Over the last 3 years on average, earnings per share has fallen by 27% per year but the company’s share price has increased by 22% per year, which means it is well ahead of earnings.공시 • Sep 30Sichuan Em Technology Co., Ltd. to Report Q3, 2025 Results on Oct 24, 2025Sichuan Em Technology Co., Ltd. announced that they will report Q3, 2025 results on Oct 24, 2025Valuation Update With 7 Day Price Move • Aug 15Investor sentiment improves as stock rises 18%After last week's 18% share price gain to CN¥19.22, the stock trades at a forward P/E ratio of 37x. Average forward P/E is 23x in the Chemicals industry in China. Total returns to shareholders of 34% over the past three years.Price Target Changed • Jul 24Price target increased by 10% to CN¥12.92Up from CN¥11.70, the current price target is an average from 4 analysts. New target price is 14% below last closing price of CN¥15.10. Stock is up 136% over the past year. The company is forecast to post earnings per share of CN¥0.48 for next year compared to CN¥0.20 last year.Valuation Update With 7 Day Price Move • Jul 22Investor sentiment improves as stock rises 17%After last week's 17% share price gain to CN¥15.10, the stock trades at a forward P/E ratio of 30x. Average forward P/E is 23x in the Chemicals industry in China. Total returns to shareholders of 39% over the past three years.New Risk • Jul 18New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 6.7% 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 Risk Debt is not well covered by operating cash flow (2.2% operating cash flow to total debt). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (6.7% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (4.7% net profit margin).Valuation Update With 7 Day Price Move • Jul 08Investor sentiment improves as stock rises 23%After last week's 23% share price gain to CN¥11.97, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 22x in the Chemicals industry in China. Total returns to shareholders of 16% over the past three years.공시 • Jun 30Sichuan Em Technology Co., Ltd. to Report First Half, 2025 Results on Aug 28, 2025Sichuan Em Technology Co., Ltd. announced that they will report first half, 2025 results on Aug 28, 2025Declared Dividend • Jun 12Dividend reduced to CN¥0.10Dividend of CN¥0.10 is 33% lower than last year. Ex-date: 17th June 2025 Payment date: 17th June 2025 Dividend yield will be 1.1%, which is lower than the industry average of 2.6%. Sustainability & Growth Dividend is covered by earnings (42% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 2.7% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 148% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Board Change • Jun 05Less 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. 4 non-independent directors. Independent Director Sheng Zhong 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.New Risk • May 15New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 61% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (2.2% operating cash flow to total debt). Minor Risks Paying a dividend despite having no free cash flows. Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (4.7% net profit margin).Reported Earnings • Apr 25First quarter 2025 earnings released: EPS: CN¥0.10 (vs CN¥0.06 in 1Q 2024)First quarter 2025 results: EPS: CN¥0.10 (up from CN¥0.06 in 1Q 2024). Revenue: CN¥1.13b (up 23% from 1Q 2024). Net income: CN¥91.9m (up 81% from 1Q 2024). Profit margin: 8.1% (up from 5.5% in 1Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 20% p.a. on average during the next 2 years, compared to a 15% growth forecast for the Chemicals industry in China. Over the last 3 years on average, earnings per share has fallen by 22% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings.공시 • Apr 25Sichuan Em Technology Co., Ltd., Annual General Meeting, May 15, 2025Sichuan Em Technology Co., Ltd., Annual General Meeting, May 15, 2025, at 14:00 China Standard Time. Location: The Company's Meeting Room, Mianyang, Sichuan ChinaPrice Target Changed • Apr 16Price target increased by 15% to CN¥11.70Up from CN¥10.20, the current price target is an average from 2 analysts. New target price is 39% above last closing price of CN¥8.43. Stock is up 2.4% over the past year. The company is forecast to post earnings per share of CN¥0.41 for next year compared to CN¥0.37 last year.Price Target Changed • Apr 09Price target increased by 8.3% to CN¥10.47Up from CN¥9.66, the current price target is an average from 3 analysts. New target price is 26% above last closing price of CN¥8.29. Stock is down 2.2% over the past year. The company is forecast to post earnings per share of CN¥0.39 for next year compared to CN¥0.37 last year.Valuation Update With 7 Day Price Move • Apr 08Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to CN¥8.03, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 19x in the Chemicals industry in China. Total loss to shareholders of 29% over the past three years.공시 • Mar 28Sichuan Em Technology Co., Ltd. to Report Q1, 2025 Results on Apr 25, 2025Sichuan Em Technology Co., Ltd. announced that they will report Q1, 2025 results on Apr 25, 2025Valuation Update With 7 Day Price Move • Feb 21Investor sentiment improves as stock rises 24%After last week's 24% share price gain to CN¥9.98, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 21x in the Chemicals industry in China. Total loss to shareholders of 33% over the past three years.공시 • Dec 27Sichuan Em Technology Co., Ltd. to Report Fiscal Year 2024 Results on Apr 25, 2025Sichuan Em Technology Co., Ltd. announced that they will report fiscal year 2024 results on Apr 25, 2025Major Estimate Revision • Nov 23Consensus EPS estimates fall by 14%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from CN¥5.21b to CN¥4.69b. EPS estimate also fell from CN¥0.46 per share to CN¥0.396 per share. Net income forecast to grow 77% next year vs 53% growth forecast for Chemicals industry in China. Consensus price target up from CN¥9.66 to CN¥10.20. Share price fell 3.8% to CN¥8.14 over the past week.Reported Earnings • Oct 26Third quarter 2024 earnings: EPS and revenues miss analyst expectationsThird quarter 2024 results: EPS: CN¥0.08 (down from CN¥0.091 in 3Q 2023). Revenue: CN¥1.12b (up 13% from 3Q 2023). Net income: CN¥76.4m (down 11% from 3Q 2023). Profit margin: 6.8% (down from 8.6% in 3Q 2023). Revenue missed analyst estimates by 10%. Earnings per share (EPS) also missed analyst estimates by 37%. Revenue is forecast to grow 20% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Chemicals industry in China. Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has fallen by 17% per year, which means it is performing significantly worse than earnings.Valuation Update With 7 Day Price Move • Oct 15Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to CN¥7.60, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 16x in the Chemicals industry in China. Total loss to shareholders of 46% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥3.06 per share.공시 • Sep 30Sichuan Em Technology Co., Ltd. to Report Q3, 2024 Results on Oct 26, 2024Sichuan Em Technology Co., Ltd. announced that they will report Q3, 2024 results on Oct 26, 2024Valuation Update With 7 Day Price Move • Sep 30Investor sentiment improves as stock rises 23%After last week's 23% share price gain to CN¥8.44, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 16x in the Chemicals industry in China. Total loss to shareholders of 45% over the past three years.Valuation Update With 7 Day Price Move • Sep 03Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CN¥7.27, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 14x in the Chemicals industry in China. Total loss to shareholders of 56% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥3.07 per share.Reported Earnings • Aug 22Second quarter 2024 earnings: EPS and revenues miss analyst expectationsSecond quarter 2024 results: EPS: CN¥0.12 (down from CN¥0.16 in 2Q 2023). Revenue: CN¥1.20b (up 24% from 2Q 2023). Net income: CN¥109.1m (down 27% from 2Q 2023). Profit margin: 9.1% (down from 15% in 2Q 2023). Revenue missed analyst estimates by 11%. Earnings per share (EPS) also missed analyst estimates by 11%. Revenue is forecast to grow 20% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Chemicals industry in China. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has fallen by 28% per year, which means it is performing significantly worse than earnings.공시 • Jun 28Sichuan Em Technology Co., Ltd. to Report First Half, 2024 Results on Aug 22, 2024Sichuan Em Technology Co., Ltd. announced that they will report first half, 2024 results on Aug 22, 2024Declared Dividend • Jun 01Dividend increased to CN¥0.15Dividend of CN¥0.15 is 50% higher than last year. Ex-date: 5th June 2024 Payment date: 5th June 2024 Dividend yield will be 1.9%, which is lower than the industry average of 2.6%. Sustainability & Growth Dividend is covered by earnings (43% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 6.9% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 106% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Price Target Changed • Apr 27Price target decreased by 11% to CN¥12.59Down from CN¥14.21, the current price target is an average from 5 analysts. New target price is 49% above last closing price of CN¥8.45. Stock is down 31% over the past year. The company is forecast to post earnings per share of CN¥0.49 for next year compared to CN¥0.37 last year.Major Estimate Revision • Apr 27Consensus revenue estimates fall by 10%The consensus outlook for revenues in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from CN¥5.32b to CN¥4.78b. EPS estimate fell from CN¥0.544 to CN¥0.494 per share. Net income forecast to grow 61% next year vs 45% growth forecast for Chemicals industry in China. Consensus price target down from CN¥14.21 to CN¥12.59. Share price rose 4.8% to CN¥8.45 over the past week.Major Estimate Revision • Apr 19Consensus revenue estimates fall by 23%The consensus outlook for revenues in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from CN¥6.47b to CN¥4.96b. EPS estimate fell from CN¥0.646 to CN¥0.544 per share. Net income forecast to grow 77% next year vs 44% growth forecast for Chemicals industry in China. Consensus price target broadly unchanged at CN¥14.21. Share price fell 6.0% to CN¥8.10 over the past week.Reported Earnings • Apr 16Third quarter 2023 earnings released: EPS: CN¥0.091 (vs CN¥0.09 in 3Q 2022)Third quarter 2023 results: EPS: CN¥0.091 (up from CN¥0.09 in 3Q 2022). Revenue: CN¥996.9m (up 14% from 3Q 2022). Net income: CN¥85.5m (up 5.3% from 3Q 2022). Profit margin: 8.6% (down from 9.3% in 3Q 2022). Revenue is forecast to grow 27% p.a. on average during the next 4 years, compared to a 16% growth forecast for the Chemicals industry in China. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings.공시 • Apr 13Sichuan Em Technology Co., Ltd., Annual General Meeting, May 07, 2024Sichuan Em Technology Co., Ltd., Annual General Meeting, May 07, 2024, at 13:30 China Standard Time.공시 • Mar 30Sichuan Em Technology Co., Ltd. to Report Q1, 2024 Results on Apr 13, 2024Sichuan Em Technology Co., Ltd. announced that they will report Q1, 2024 results on Apr 13, 2024Valuation Update With 7 Day Price Move • Mar 26Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to CN¥8.93, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 15x in the Chemicals industry in China. Total loss to shareholders of 8.0% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥3.73 per share.Valuation Update With 7 Day Price Move • Feb 20Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CN¥11.48, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 14x in the Chemicals industry in China. Total returns to shareholders of 26% over the past three years.Valuation Update With 7 Day Price Move • Feb 01Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to CN¥8.89, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 13x in the Chemicals industry in China. Total returns to shareholders of 9.3% over the past three years.공시 • Jan 29Sichuan Em Technology Co., Ltd. (SHSE:601208) announces an Equity Buyback for CNY 100 million worth of its shares.Sichuan Em Technology Co., Ltd. (SHSE:601208) announces a share repurchase program. Under the program, the company will repurchase up to CNY 100 million worth of its Class A shares. The shares will be repurchased at no more than CNY 12 per share. The purpose of the program is to use the repurchased shares for equity incentive plans. The plan will be valid for 12 months.공시 • Dec 30Sichuan Em Technology Co., Ltd. to Report Fiscal Year 2023 Results on Mar 28, 2024Sichuan Em Technology Co., Ltd. announced that they will report fiscal year 2023 results on Mar 28, 2024공시 • Sep 30Sichuan Em Technology Co., Ltd. to Report Q3, 2023 Results on Oct 18, 2023Sichuan Em Technology Co., Ltd. announced that they will report Q3, 2023 results on Oct 18, 2023Reported Earnings • Aug 18Second quarter 2023 earnings: EPS exceeds analyst expectations while revenues lag behindSecond quarter 2023 results: EPS: CN¥0.16 (down from CN¥0.18 in 2Q 2022). Revenue: CN¥970.6m (up 4.3% from 2Q 2022). Net income: CN¥149.6m (down 6.7% from 2Q 2022). Profit margin: 15% (down from 17% in 2Q 2022). Revenue missed analyst estimates by 31%. Earnings per share (EPS) exceeded analyst estimates by 12%. Revenue is forecast to grow 22% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Chemicals industry in China. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has only increased by 22% per year, which means it is significantly lagging earnings growth.공시 • Jun 28Sichuan Em Technology Co., Ltd. to Report First Half, 2023 Results on Aug 18, 2023Sichuan Em Technology Co., Ltd. announced that they will report first half, 2023 results on Aug 18, 2023Valuation Update With 7 Day Price Move • Jun 15Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CN¥12.64, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 15x in the Chemicals industry in China. Total returns to shareholders of 168% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥19.40 per share.Reported Earnings • Mar 30Full year 2022 earnings: EPS and revenues miss analyst expectationsFull year 2022 results: EPS: CN¥0.46 (up from CN¥0.40 in FY 2021). Revenue: CN¥3.64b (up 13% from FY 2021). Net income: CN¥415.0m (up 22% from FY 2021). Profit margin: 11% (in line with FY 2021). Revenue missed analyst estimates by 17%. Earnings per share (EPS) also missed analyst estimates by 7.9%. Revenue is forecast to grow 31% p.a. on average during the next 2 years, compared to a 18% growth forecast for the Chemicals industry in China. Over the last 3 years on average, earnings per share has increased by 44% per year whereas the company’s share price has increased by 47% per year.Board Change • Nov 16Less than half of directors are independentThere are 5 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 5 new directors. 3 experienced directors. 1 highly experienced director. 2 independent directors (4 non-independent directors). Director XingLing Yao is the most experienced director on the board, commencing their role in 2008. Independent Director Yong Huang was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors.Valuation Update With 7 Day Price Move • Nov 04Investor sentiment improved over the past weekAfter last week's 18% share price gain to CN¥12.14, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 14x in the Chemicals industry in China. Total returns to shareholders of 246% over the past three years.Reported Earnings • Oct 28Third quarter 2022 earnings: EPS and revenues miss analyst expectationsThird quarter 2022 results: EPS: CN¥0.09 (down from CN¥0.10 in 3Q 2021). Revenue: CN¥872.9m (flat on 3Q 2021). Net income: CN¥81.3m (down 11% from 3Q 2021). Profit margin: 9.3% (down from 11% in 3Q 2021). Revenue missed analyst estimates by 34%. Earnings per share (EPS) also missed analyst estimates by 39%. Revenue is forecast to grow 32% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Chemicals industry in China. Over the last 3 years on average, earnings per share has increased by 53% per year but the company’s share price has only increased by 41% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Sep 15Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to CN¥11.38, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 16x in the Chemicals industry in China. Total returns to shareholders of 204% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥4.62 per share.Reported Earnings • Aug 18Second quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behindSecond quarter 2022 results: EPS: CN¥0.18 (up from CN¥0.11 in 2Q 2021). Revenue: CN¥930.3m (up 10% from 2Q 2021). Net income: CN¥160.4m (up 68% from 2Q 2021). Profit margin: 17% (up from 11% in 2Q 2021). Revenue missed analyst estimates by 22%. Earnings per share (EPS) exceeded analyst estimates by 64%. Over the next year, revenue is forecast to grow 66%, compared to a 41% growth forecast for the Chemicals industry in China. Over the last 3 years on average, earnings per share has increased by 59% per year whereas the company’s share price has increased by 60% per year.Valuation Update With 7 Day Price Move • Aug 01Investor sentiment improved over the past weekAfter last week's 21% share price gain to CN¥13.32, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 17x in the Chemicals industry in China. Total returns to shareholders of 277% over the past three years.Valuation Update With 7 Day Price Move • May 11Investor sentiment improved over the past weekAfter last week's 16% share price gain to CN¥12.62, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 15x in the Chemicals industry in China. Total returns to shareholders of 244% over the past three years.Reported Earnings • May 02First quarter 2022 earnings: EPS misses analyst expectationsFirst quarter 2022 results: EPS: CN¥0.11 (up from CN¥0.11 in 1Q 2021). Revenue: CN¥904.4m (up 21% from 1Q 2021). Net income: CN¥101.8m (up 20% from 1Q 2021). Profit margin: 11% (in line with 1Q 2021). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 7.0%. Over the next year, revenue is forecast to grow 58%, compared to a 42% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has increased by 66% per year but the company’s share price has only increased by 46% per year, which means it is significantly lagging earnings growth.Price Target Changed • Apr 27Price target increased to CN¥22.44Up from CN¥6.97, the current price target is an average from 2 analysts. New target price is 117% above last closing price of CN¥10.34. Stock is down 4.6% over the past year. The company is forecast to post earnings per share of CN¥0.68 for next year compared to CN¥0.40 last year.Board Change • Apr 27Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. No highly experienced 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: Insufficient board refreshment.Reported Earnings • Apr 03Full year 2021 earnings: EPS misses analyst expectationsFull year 2021 results: EPS: CN¥0.40 (up from CN¥0.22 in FY 2020). Revenue: CN¥3.23b (up 72% from FY 2020). Net income: CN¥340.9m (up 94% from FY 2020). Profit margin: 11% (up from 9.3% in FY 2020). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 7.0%. Over the next year, revenue is forecast to grow 57%, compared to a 48% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has increased by 73% per year but the company’s share price has only increased by 42% per year, which means it is significantly lagging earnings growth.Reported Earnings • Oct 19Third quarter 2021 earnings released: EPS CN¥0.10 (vs CN¥0.066 in 3Q 2020)The company reported a solid third quarter result with improved earnings and revenues, although profit margins were flat. Third quarter 2021 results: Revenue: CN¥864.9m (up 77% from 3Q 2020). Net income: CN¥91.1m (up 70% from 3Q 2020). Profit margin: 11% (in line with 3Q 2020). Over the last 3 years on average, earnings per share has increased by 76% per year whereas the company’s share price has increased by 79% per year.Reported Earnings • Aug 18Second quarter 2021 earnings released: EPS CN¥0.11 (vs CN¥0.24 in 2Q 2020)The company reported a mediocre second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2021 results: Revenue: CN¥842.7m (up 75% from 2Q 2020). Net income: CN¥95.3m (down 53% from 2Q 2020). Profit margin: 11% (down from 42% in 2Q 2020). Over the last 3 years on average, earnings per share has increased by 63% per year but the company’s share price has increased by 74% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • Jul 07Investor sentiment deteriorated over the past weekAfter last week's 21% share price decline to CN¥12.85, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 19x in the Chemicals industry in China. Total returns to shareholders of 237% over the past three years.Reported Earnings • May 02Full year 2020 earnings released: EPS CN¥0.29 (vs CN¥0.12 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: CN¥1.88b (up 8.4% from FY 2019). Net income: CN¥175.5m (up 141% from FY 2019). Profit margin: 9.3% (up from 4.2% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 54% per year but the company’s share price has only increased by 41% per year, which means it is significantly lagging earnings growth.공시 • May 01Sichuan Em Technology Co., Ltd. announced that it has received CNY 767 million in funding from Gaojin Fuheng Group Co., Ltd and other investorsOn April 29, 2021, Sichuan Em Technology Co., Ltd. (SHSE:601208) closed the transaction.Is New 90 Day High Low • Feb 22New 90-day high: CN¥12.38The company is up 3.0% from its price of CN¥12.06 on 24 November 2020. The Chinese market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 18% over the same period.Is New 90 Day High Low • Jan 20New 90-day high: CN¥12.14The company is up 25% from its price of CN¥9.70 on 22 October 2020. The Chinese market is up 7.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Chemicals industry, which is up 17% over the same period.Is New 90 Day High Low • Nov 05New 90-day high: CN¥10.53The company is up 18% from its price of CN¥8.90 on 07 August 2020. The Chinese market is down 4.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Chemicals industry, which is down 2.0% over the same period.Reported Earnings • Oct 28Third quarter earnings releasedOver the last 12 months the company has reported total profits of CN¥158.1m, up 248% from the prior year. Total revenue was CN¥1.97b over the last 12 months, up 17% from the prior year.Valuation Update With 7 Day Price Move • Oct 15Market bids up stock over the past weekAfter last week's 15% share price gain to CN¥10.36, the stock is trading at a trailing P/E ratio of 23.1x, up from the previous P/E ratio of 20x. This compares to an average P/E of 40x in the Chemicals industry in China. Total returns to shareholders over the past three years are 53%.Is New 90 Day High Low • Oct 10New 90-day high: CN¥9.46The company is up 19% from its price of CN¥7.97 on 10 July 2020. The Chinese market is down 4.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Chemicals industry, which is up 3.0% over the same period.공시 • Aug 19Sichuan Em Technology Co., Ltd. announced that it expects to receive CNY 800 million in funding from Gaojin Fuheng Group Co., LtdSichuan Em Technology Co., Ltd. (SHSE:601208) announced that it will issue not more than 187,980,300 A shares of par value CNY 1 for gross proceeds of not more than CNY 800,000,000 on August 18, 2020. The transaction will include participation from not more than 35 special investors including Gaojin Fuheng Group Co., Ltd., individual investors, Xiong Lingyao, Ning Hongtao, Zhang Jun, Qin Li, Yang Yang, Li Jixing, Cai Jiangang, and Yin Zhuwei will be subscribe in cash for not more than CNY 113,000,000. The transaction is valid for 12 months from the date of deliberation and approval by the company's shareholders meeting. The pricing base date is the first day of the issue period, and the issue price is not less than 80% of the average price of the company's stocks 20 trading days before the first day of the issue period. The lock-up period for Gaojin Fuheng Group Co., Ltd is 18 months and for the remaining investors is 6 months. The transaction has been approved by the board of directors in the fourth meeting of its fifth board of supervisors.공시 • Jul 09Sichuan Em Technology Co., Ltd. to Report First Half, 2020 Results on Aug 26, 2020Sichuan Em Technology Co., Ltd. announced that they will report first half, 2020 results on Aug 26, 2020이익 및 매출 성장 예측SHSE:601208 - 애널리스트 향후 추정치 및 과거 재무 데이터 (CNY Millions)날짜매출이익자유현금흐름영업현금흐름평균 애널리스트 수12/31/202810,6201,812N/A2,063412/31/20278,4451,371N/A1,411412/31/20266,829714N/A68853/31/20265,49038048255N/A12/31/20255,181285-13080N/A9/30/20255,028228-585-231N/A6/30/20254,779212-34157N/A3/31/20254,684222-36594N/A12/31/20244,470181-45491N/A9/30/20244,157257-424270N/A6/30/20244,031266-766122N/A3/31/20243,800306-672256N/A12/31/20233,737326-724181N/A9/30/20233,759377-799-704N/A6/30/20233,635373-945-759N/A3/31/20233,594384-1,180-796N/A12/31/20223,640415-1,203-637N/A9/30/20223,501406-1,223-135N/A6/30/20223,493416-1,012-118N/A3/31/20223,406351-770-151N/A12/31/20213,248334-389-59N/A9/30/20212,972321-16799N/A6/30/20212,595284-36147N/A3/31/20212,235236-23202N/A12/31/20201,881175-56160N/A9/30/20201,807158-81272N/A6/30/20201,774118-4281N/A3/31/20201,74295-1216N/A12/31/20191,73573N/A239N/A9/30/20191,68545N/A206N/A6/30/20191,67051N/A194N/A3/31/20191,63828N/A200N/A12/31/20181,64532N/A224N/A9/30/20181,70840N/A152N/A6/30/20181,70641N/A160N/A3/31/20181,69460N/A119N/A12/31/20171,73499N/A88N/A9/30/20171,74889N/A19N/A6/30/20171,73482N/A87N/A3/31/20171,73874N/A196N/A12/31/20161,67442N/A248N/A9/30/20161,58540N/A191N/A6/30/20161,52242N/A118N/A3/31/20161,48751N/A102N/A12/31/20151,40761N/A75N/A9/30/20151,414124N/A37N/A6/30/20151,405142N/A35N/A더 보기애널리스트 향후 성장 전망수입 대 저축률: 601208 의 연간 예상 수익 증가율(50.2%)이 saving rate(2.4%)보다 높습니다.수익 vs 시장: 601208 의 연간 수익(50.2%)이 CN 시장(27%)보다 빠르게 성장할 것으로 예상됩니다.고성장 수익: 601208 의 수입은 향후 3년 동안 상당히 증가할 것으로 예상됩니다.수익 대 시장: 601208 의 수익(연간 23.4%)이 CN 시장(연간 16%)보다 빠르게 성장할 것으로 예상됩니다.고성장 매출: 601208 의 수익(연간 23.4%)은 연간 20%보다 빠르게 증가할 것으로 예상됩니다.주당순이익 성장 예측향후 자기자본이익률미래 ROE: 601208의 자본 수익률은 3년 후 18.7%로 낮을 것으로 예상됩니다.성장 기업 찾아보기7D1Y7D1Y7D1YMaterials 산업의 고성장 기업.View Past Performance기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/22 21:00종가2026/05/22 00:00수익2026/03/31연간 수익2025/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Sichuan Em Technology Co., Ltd.는 12명의 분석가가 다루고 있습니다. 이 중 5명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Chao LiCitic Securities Co., Ltd.Zhe WangCitic Securities Co., Ltd.Nai Di ZhaoEverbright Securities Co. Ltd.9명의 분석가 더 보기
Major Estimate Revision • Feb 03Consensus EPS estimates fall by 22%The consensus outlook for fiscal year 2025 has been updated. 2025 EPS estimate fell from CN¥0.43 to CN¥0.335. Revenue forecast unchanged from CN¥5.31b at last update. Net income forecast to grow 180% next year vs 47% growth forecast for Chemicals industry in China. Consensus price target up from CN¥20.57 to CN¥27.36. Share price rose 3.8% to CN¥27.90 over the past week.
Price Target Changed • Jan 13Price target increased by 12% to CN¥20.57Up from CN¥18.30, the current price target is an average from 3 analysts. New target price is 21% below last closing price of CN¥26.02. Stock is up 238% over the past year. The company is forecast to post earnings per share of CN¥0.43 for next year compared to CN¥0.20 last year.
Price Target Changed • Jul 24Price target increased by 10% to CN¥12.92Up from CN¥11.70, the current price target is an average from 4 analysts. New target price is 14% below last closing price of CN¥15.10. Stock is up 136% over the past year. The company is forecast to post earnings per share of CN¥0.48 for next year compared to CN¥0.20 last year.
Price Target Changed • Apr 16Price target increased by 15% to CN¥11.70Up from CN¥10.20, the current price target is an average from 2 analysts. New target price is 39% above last closing price of CN¥8.43. Stock is up 2.4% over the past year. The company is forecast to post earnings per share of CN¥0.41 for next year compared to CN¥0.37 last year.
Price Target Changed • Apr 09Price target increased by 8.3% to CN¥10.47Up from CN¥9.66, the current price target is an average from 3 analysts. New target price is 26% above last closing price of CN¥8.29. Stock is down 2.2% over the past year. The company is forecast to post earnings per share of CN¥0.39 for next year compared to CN¥0.37 last year.
Major Estimate Revision • Nov 23Consensus EPS estimates fall by 14%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from CN¥5.21b to CN¥4.69b. EPS estimate also fell from CN¥0.46 per share to CN¥0.396 per share. Net income forecast to grow 77% next year vs 53% growth forecast for Chemicals industry in China. Consensus price target up from CN¥9.66 to CN¥10.20. Share price fell 3.8% to CN¥8.14 over the past week.
New Risk • May 12New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 28% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (9.3% average weekly change). Large one-off items impacting financial results.
Reported Earnings • Apr 24First quarter 2026 earnings released: EPS: CN¥0.18 (vs CN¥0.10 in 1Q 2025)First quarter 2026 results: EPS: CN¥0.18 (up from CN¥0.10 in 1Q 2025). Revenue: CN¥1.44b (up 27% from 1Q 2025). Net income: CN¥186.8m (up 103% from 1Q 2025). Profit margin: 13% (up from 8.1% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 25% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Chemicals industry in China. Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has increased by 41% per year, which means it is well ahead of earnings.
공시 • Mar 30Sichuan Em Technology Co., Ltd. to Report Q1, 2026 Results on Apr 23, 2026Sichuan Em Technology Co., Ltd. announced that they will report Q1, 2026 results on Apr 23, 2026
Major Estimate Revision • Feb 03Consensus EPS estimates fall by 22%The consensus outlook for fiscal year 2025 has been updated. 2025 EPS estimate fell from CN¥0.43 to CN¥0.335. Revenue forecast unchanged from CN¥5.31b at last update. Net income forecast to grow 180% next year vs 47% growth forecast for Chemicals industry in China. Consensus price target up from CN¥20.57 to CN¥27.36. Share price rose 3.8% to CN¥27.90 over the past week.
Price Target Changed • Jan 13Price target increased by 12% to CN¥20.57Up from CN¥18.30, the current price target is an average from 3 analysts. New target price is 21% below last closing price of CN¥26.02. Stock is up 238% over the past year. The company is forecast to post earnings per share of CN¥0.43 for next year compared to CN¥0.20 last year.
공시 • Dec 26Sichuan Em Technology Co., Ltd. to Report Fiscal Year 2025 Results on Apr 23, 2026Sichuan Em Technology Co., Ltd. announced that they will report fiscal year 2025 results on Apr 23, 2026
New Risk • Oct 25New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 126% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (11% average weekly change). Minor Risks Paying a dividend despite having no free cash flows. Large one-off items impacting financial results.
Reported Earnings • Oct 24Third quarter 2025 earnings: EPS and revenues miss analyst expectationsThird quarter 2025 results: EPS: CN¥0.10 (up from CN¥0.08 in 3Q 2024). Revenue: CN¥1.37b (up 22% from 3Q 2024). Net income: CN¥92.6m (up 21% from 3Q 2024). Profit margin: 6.8% (in line with 3Q 2024). Revenue missed analyst estimates by 6.8%. Earnings per share (EPS) also missed analyst estimates by 24%. Revenue is forecast to grow 21% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Chemicals industry in China. Over the last 3 years on average, earnings per share has fallen by 27% per year but the company’s share price has increased by 22% per year, which means it is well ahead of earnings.
공시 • Sep 30Sichuan Em Technology Co., Ltd. to Report Q3, 2025 Results on Oct 24, 2025Sichuan Em Technology Co., Ltd. announced that they will report Q3, 2025 results on Oct 24, 2025
Valuation Update With 7 Day Price Move • Aug 15Investor sentiment improves as stock rises 18%After last week's 18% share price gain to CN¥19.22, the stock trades at a forward P/E ratio of 37x. Average forward P/E is 23x in the Chemicals industry in China. Total returns to shareholders of 34% over the past three years.
Price Target Changed • Jul 24Price target increased by 10% to CN¥12.92Up from CN¥11.70, the current price target is an average from 4 analysts. New target price is 14% below last closing price of CN¥15.10. Stock is up 136% over the past year. The company is forecast to post earnings per share of CN¥0.48 for next year compared to CN¥0.20 last year.
Valuation Update With 7 Day Price Move • Jul 22Investor sentiment improves as stock rises 17%After last week's 17% share price gain to CN¥15.10, the stock trades at a forward P/E ratio of 30x. Average forward P/E is 23x in the Chemicals industry in China. Total returns to shareholders of 39% over the past three years.
New Risk • Jul 18New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 6.7% 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 Risk Debt is not well covered by operating cash flow (2.2% operating cash flow to total debt). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (6.7% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (4.7% net profit margin).
Valuation Update With 7 Day Price Move • Jul 08Investor sentiment improves as stock rises 23%After last week's 23% share price gain to CN¥11.97, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 22x in the Chemicals industry in China. Total returns to shareholders of 16% over the past three years.
공시 • Jun 30Sichuan Em Technology Co., Ltd. to Report First Half, 2025 Results on Aug 28, 2025Sichuan Em Technology Co., Ltd. announced that they will report first half, 2025 results on Aug 28, 2025
Declared Dividend • Jun 12Dividend reduced to CN¥0.10Dividend of CN¥0.10 is 33% lower than last year. Ex-date: 17th June 2025 Payment date: 17th June 2025 Dividend yield will be 1.1%, which is lower than the industry average of 2.6%. Sustainability & Growth Dividend is covered by earnings (42% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 2.7% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 148% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Board Change • Jun 05Less 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. 4 non-independent directors. Independent Director Sheng Zhong 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.
New Risk • May 15New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 61% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (2.2% operating cash flow to total debt). Minor Risks Paying a dividend despite having no free cash flows. Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (4.7% net profit margin).
Reported Earnings • Apr 25First quarter 2025 earnings released: EPS: CN¥0.10 (vs CN¥0.06 in 1Q 2024)First quarter 2025 results: EPS: CN¥0.10 (up from CN¥0.06 in 1Q 2024). Revenue: CN¥1.13b (up 23% from 1Q 2024). Net income: CN¥91.9m (up 81% from 1Q 2024). Profit margin: 8.1% (up from 5.5% in 1Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 20% p.a. on average during the next 2 years, compared to a 15% growth forecast for the Chemicals industry in China. Over the last 3 years on average, earnings per share has fallen by 22% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings.
공시 • Apr 25Sichuan Em Technology Co., Ltd., Annual General Meeting, May 15, 2025Sichuan Em Technology Co., Ltd., Annual General Meeting, May 15, 2025, at 14:00 China Standard Time. Location: The Company's Meeting Room, Mianyang, Sichuan China
Price Target Changed • Apr 16Price target increased by 15% to CN¥11.70Up from CN¥10.20, the current price target is an average from 2 analysts. New target price is 39% above last closing price of CN¥8.43. Stock is up 2.4% over the past year. The company is forecast to post earnings per share of CN¥0.41 for next year compared to CN¥0.37 last year.
Price Target Changed • Apr 09Price target increased by 8.3% to CN¥10.47Up from CN¥9.66, the current price target is an average from 3 analysts. New target price is 26% above last closing price of CN¥8.29. Stock is down 2.2% over the past year. The company is forecast to post earnings per share of CN¥0.39 for next year compared to CN¥0.37 last year.
Valuation Update With 7 Day Price Move • Apr 08Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to CN¥8.03, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 19x in the Chemicals industry in China. Total loss to shareholders of 29% over the past three years.
공시 • Mar 28Sichuan Em Technology Co., Ltd. to Report Q1, 2025 Results on Apr 25, 2025Sichuan Em Technology Co., Ltd. announced that they will report Q1, 2025 results on Apr 25, 2025
Valuation Update With 7 Day Price Move • Feb 21Investor sentiment improves as stock rises 24%After last week's 24% share price gain to CN¥9.98, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 21x in the Chemicals industry in China. Total loss to shareholders of 33% over the past three years.
공시 • Dec 27Sichuan Em Technology Co., Ltd. to Report Fiscal Year 2024 Results on Apr 25, 2025Sichuan Em Technology Co., Ltd. announced that they will report fiscal year 2024 results on Apr 25, 2025
Major Estimate Revision • Nov 23Consensus EPS estimates fall by 14%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from CN¥5.21b to CN¥4.69b. EPS estimate also fell from CN¥0.46 per share to CN¥0.396 per share. Net income forecast to grow 77% next year vs 53% growth forecast for Chemicals industry in China. Consensus price target up from CN¥9.66 to CN¥10.20. Share price fell 3.8% to CN¥8.14 over the past week.
Reported Earnings • Oct 26Third quarter 2024 earnings: EPS and revenues miss analyst expectationsThird quarter 2024 results: EPS: CN¥0.08 (down from CN¥0.091 in 3Q 2023). Revenue: CN¥1.12b (up 13% from 3Q 2023). Net income: CN¥76.4m (down 11% from 3Q 2023). Profit margin: 6.8% (down from 8.6% in 3Q 2023). Revenue missed analyst estimates by 10%. Earnings per share (EPS) also missed analyst estimates by 37%. Revenue is forecast to grow 20% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Chemicals industry in China. Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has fallen by 17% per year, which means it is performing significantly worse than earnings.
Valuation Update With 7 Day Price Move • Oct 15Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to CN¥7.60, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 16x in the Chemicals industry in China. Total loss to shareholders of 46% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥3.06 per share.
공시 • Sep 30Sichuan Em Technology Co., Ltd. to Report Q3, 2024 Results on Oct 26, 2024Sichuan Em Technology Co., Ltd. announced that they will report Q3, 2024 results on Oct 26, 2024
Valuation Update With 7 Day Price Move • Sep 30Investor sentiment improves as stock rises 23%After last week's 23% share price gain to CN¥8.44, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 16x in the Chemicals industry in China. Total loss to shareholders of 45% over the past three years.
Valuation Update With 7 Day Price Move • Sep 03Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CN¥7.27, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 14x in the Chemicals industry in China. Total loss to shareholders of 56% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥3.07 per share.
Reported Earnings • Aug 22Second quarter 2024 earnings: EPS and revenues miss analyst expectationsSecond quarter 2024 results: EPS: CN¥0.12 (down from CN¥0.16 in 2Q 2023). Revenue: CN¥1.20b (up 24% from 2Q 2023). Net income: CN¥109.1m (down 27% from 2Q 2023). Profit margin: 9.1% (down from 15% in 2Q 2023). Revenue missed analyst estimates by 11%. Earnings per share (EPS) also missed analyst estimates by 11%. Revenue is forecast to grow 20% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Chemicals industry in China. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has fallen by 28% per year, which means it is performing significantly worse than earnings.
공시 • Jun 28Sichuan Em Technology Co., Ltd. to Report First Half, 2024 Results on Aug 22, 2024Sichuan Em Technology Co., Ltd. announced that they will report first half, 2024 results on Aug 22, 2024
Declared Dividend • Jun 01Dividend increased to CN¥0.15Dividend of CN¥0.15 is 50% higher than last year. Ex-date: 5th June 2024 Payment date: 5th June 2024 Dividend yield will be 1.9%, which is lower than the industry average of 2.6%. Sustainability & Growth Dividend is covered by earnings (43% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 6.9% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 106% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Price Target Changed • Apr 27Price target decreased by 11% to CN¥12.59Down from CN¥14.21, the current price target is an average from 5 analysts. New target price is 49% above last closing price of CN¥8.45. Stock is down 31% over the past year. The company is forecast to post earnings per share of CN¥0.49 for next year compared to CN¥0.37 last year.
Major Estimate Revision • Apr 27Consensus revenue estimates fall by 10%The consensus outlook for revenues in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from CN¥5.32b to CN¥4.78b. EPS estimate fell from CN¥0.544 to CN¥0.494 per share. Net income forecast to grow 61% next year vs 45% growth forecast for Chemicals industry in China. Consensus price target down from CN¥14.21 to CN¥12.59. Share price rose 4.8% to CN¥8.45 over the past week.
Major Estimate Revision • Apr 19Consensus revenue estimates fall by 23%The consensus outlook for revenues in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from CN¥6.47b to CN¥4.96b. EPS estimate fell from CN¥0.646 to CN¥0.544 per share. Net income forecast to grow 77% next year vs 44% growth forecast for Chemicals industry in China. Consensus price target broadly unchanged at CN¥14.21. Share price fell 6.0% to CN¥8.10 over the past week.
Reported Earnings • Apr 16Third quarter 2023 earnings released: EPS: CN¥0.091 (vs CN¥0.09 in 3Q 2022)Third quarter 2023 results: EPS: CN¥0.091 (up from CN¥0.09 in 3Q 2022). Revenue: CN¥996.9m (up 14% from 3Q 2022). Net income: CN¥85.5m (up 5.3% from 3Q 2022). Profit margin: 8.6% (down from 9.3% in 3Q 2022). Revenue is forecast to grow 27% p.a. on average during the next 4 years, compared to a 16% growth forecast for the Chemicals industry in China. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings.
공시 • Apr 13Sichuan Em Technology Co., Ltd., Annual General Meeting, May 07, 2024Sichuan Em Technology Co., Ltd., Annual General Meeting, May 07, 2024, at 13:30 China Standard Time.
공시 • Mar 30Sichuan Em Technology Co., Ltd. to Report Q1, 2024 Results on Apr 13, 2024Sichuan Em Technology Co., Ltd. announced that they will report Q1, 2024 results on Apr 13, 2024
Valuation Update With 7 Day Price Move • Mar 26Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to CN¥8.93, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 15x in the Chemicals industry in China. Total loss to shareholders of 8.0% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥3.73 per share.
Valuation Update With 7 Day Price Move • Feb 20Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CN¥11.48, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 14x in the Chemicals industry in China. Total returns to shareholders of 26% over the past three years.
Valuation Update With 7 Day Price Move • Feb 01Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to CN¥8.89, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 13x in the Chemicals industry in China. Total returns to shareholders of 9.3% over the past three years.
공시 • Jan 29Sichuan Em Technology Co., Ltd. (SHSE:601208) announces an Equity Buyback for CNY 100 million worth of its shares.Sichuan Em Technology Co., Ltd. (SHSE:601208) announces a share repurchase program. Under the program, the company will repurchase up to CNY 100 million worth of its Class A shares. The shares will be repurchased at no more than CNY 12 per share. The purpose of the program is to use the repurchased shares for equity incentive plans. The plan will be valid for 12 months.
공시 • Dec 30Sichuan Em Technology Co., Ltd. to Report Fiscal Year 2023 Results on Mar 28, 2024Sichuan Em Technology Co., Ltd. announced that they will report fiscal year 2023 results on Mar 28, 2024
공시 • Sep 30Sichuan Em Technology Co., Ltd. to Report Q3, 2023 Results on Oct 18, 2023Sichuan Em Technology Co., Ltd. announced that they will report Q3, 2023 results on Oct 18, 2023
Reported Earnings • Aug 18Second quarter 2023 earnings: EPS exceeds analyst expectations while revenues lag behindSecond quarter 2023 results: EPS: CN¥0.16 (down from CN¥0.18 in 2Q 2022). Revenue: CN¥970.6m (up 4.3% from 2Q 2022). Net income: CN¥149.6m (down 6.7% from 2Q 2022). Profit margin: 15% (down from 17% in 2Q 2022). Revenue missed analyst estimates by 31%. Earnings per share (EPS) exceeded analyst estimates by 12%. Revenue is forecast to grow 22% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Chemicals industry in China. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has only increased by 22% per year, which means it is significantly lagging earnings growth.
공시 • Jun 28Sichuan Em Technology Co., Ltd. to Report First Half, 2023 Results on Aug 18, 2023Sichuan Em Technology Co., Ltd. announced that they will report first half, 2023 results on Aug 18, 2023
Valuation Update With 7 Day Price Move • Jun 15Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CN¥12.64, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 15x in the Chemicals industry in China. Total returns to shareholders of 168% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥19.40 per share.
Reported Earnings • Mar 30Full year 2022 earnings: EPS and revenues miss analyst expectationsFull year 2022 results: EPS: CN¥0.46 (up from CN¥0.40 in FY 2021). Revenue: CN¥3.64b (up 13% from FY 2021). Net income: CN¥415.0m (up 22% from FY 2021). Profit margin: 11% (in line with FY 2021). Revenue missed analyst estimates by 17%. Earnings per share (EPS) also missed analyst estimates by 7.9%. Revenue is forecast to grow 31% p.a. on average during the next 2 years, compared to a 18% growth forecast for the Chemicals industry in China. Over the last 3 years on average, earnings per share has increased by 44% per year whereas the company’s share price has increased by 47% per year.
Board Change • Nov 16Less than half of directors are independentThere are 5 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 5 new directors. 3 experienced directors. 1 highly experienced director. 2 independent directors (4 non-independent directors). Director XingLing Yao is the most experienced director on the board, commencing their role in 2008. Independent Director Yong Huang was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors.
Valuation Update With 7 Day Price Move • Nov 04Investor sentiment improved over the past weekAfter last week's 18% share price gain to CN¥12.14, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 14x in the Chemicals industry in China. Total returns to shareholders of 246% over the past three years.
Reported Earnings • Oct 28Third quarter 2022 earnings: EPS and revenues miss analyst expectationsThird quarter 2022 results: EPS: CN¥0.09 (down from CN¥0.10 in 3Q 2021). Revenue: CN¥872.9m (flat on 3Q 2021). Net income: CN¥81.3m (down 11% from 3Q 2021). Profit margin: 9.3% (down from 11% in 3Q 2021). Revenue missed analyst estimates by 34%. Earnings per share (EPS) also missed analyst estimates by 39%. Revenue is forecast to grow 32% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Chemicals industry in China. Over the last 3 years on average, earnings per share has increased by 53% per year but the company’s share price has only increased by 41% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Sep 15Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to CN¥11.38, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 16x in the Chemicals industry in China. Total returns to shareholders of 204% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥4.62 per share.
Reported Earnings • Aug 18Second quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behindSecond quarter 2022 results: EPS: CN¥0.18 (up from CN¥0.11 in 2Q 2021). Revenue: CN¥930.3m (up 10% from 2Q 2021). Net income: CN¥160.4m (up 68% from 2Q 2021). Profit margin: 17% (up from 11% in 2Q 2021). Revenue missed analyst estimates by 22%. Earnings per share (EPS) exceeded analyst estimates by 64%. Over the next year, revenue is forecast to grow 66%, compared to a 41% growth forecast for the Chemicals industry in China. Over the last 3 years on average, earnings per share has increased by 59% per year whereas the company’s share price has increased by 60% per year.
Valuation Update With 7 Day Price Move • Aug 01Investor sentiment improved over the past weekAfter last week's 21% share price gain to CN¥13.32, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 17x in the Chemicals industry in China. Total returns to shareholders of 277% over the past three years.
Valuation Update With 7 Day Price Move • May 11Investor sentiment improved over the past weekAfter last week's 16% share price gain to CN¥12.62, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 15x in the Chemicals industry in China. Total returns to shareholders of 244% over the past three years.
Reported Earnings • May 02First quarter 2022 earnings: EPS misses analyst expectationsFirst quarter 2022 results: EPS: CN¥0.11 (up from CN¥0.11 in 1Q 2021). Revenue: CN¥904.4m (up 21% from 1Q 2021). Net income: CN¥101.8m (up 20% from 1Q 2021). Profit margin: 11% (in line with 1Q 2021). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 7.0%. Over the next year, revenue is forecast to grow 58%, compared to a 42% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has increased by 66% per year but the company’s share price has only increased by 46% per year, which means it is significantly lagging earnings growth.
Price Target Changed • Apr 27Price target increased to CN¥22.44Up from CN¥6.97, the current price target is an average from 2 analysts. New target price is 117% above last closing price of CN¥10.34. Stock is down 4.6% over the past year. The company is forecast to post earnings per share of CN¥0.68 for next year compared to CN¥0.40 last year.
Board Change • Apr 27Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. No highly experienced 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: Insufficient board refreshment.
Reported Earnings • Apr 03Full year 2021 earnings: EPS misses analyst expectationsFull year 2021 results: EPS: CN¥0.40 (up from CN¥0.22 in FY 2020). Revenue: CN¥3.23b (up 72% from FY 2020). Net income: CN¥340.9m (up 94% from FY 2020). Profit margin: 11% (up from 9.3% in FY 2020). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 7.0%. Over the next year, revenue is forecast to grow 57%, compared to a 48% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has increased by 73% per year but the company’s share price has only increased by 42% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Oct 19Third quarter 2021 earnings released: EPS CN¥0.10 (vs CN¥0.066 in 3Q 2020)The company reported a solid third quarter result with improved earnings and revenues, although profit margins were flat. Third quarter 2021 results: Revenue: CN¥864.9m (up 77% from 3Q 2020). Net income: CN¥91.1m (up 70% from 3Q 2020). Profit margin: 11% (in line with 3Q 2020). Over the last 3 years on average, earnings per share has increased by 76% per year whereas the company’s share price has increased by 79% per year.
Reported Earnings • Aug 18Second quarter 2021 earnings released: EPS CN¥0.11 (vs CN¥0.24 in 2Q 2020)The company reported a mediocre second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2021 results: Revenue: CN¥842.7m (up 75% from 2Q 2020). Net income: CN¥95.3m (down 53% from 2Q 2020). Profit margin: 11% (down from 42% in 2Q 2020). Over the last 3 years on average, earnings per share has increased by 63% per year but the company’s share price has increased by 74% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • Jul 07Investor sentiment deteriorated over the past weekAfter last week's 21% share price decline to CN¥12.85, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 19x in the Chemicals industry in China. Total returns to shareholders of 237% over the past three years.
Reported Earnings • May 02Full year 2020 earnings released: EPS CN¥0.29 (vs CN¥0.12 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: CN¥1.88b (up 8.4% from FY 2019). Net income: CN¥175.5m (up 141% from FY 2019). Profit margin: 9.3% (up from 4.2% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 54% per year but the company’s share price has only increased by 41% per year, which means it is significantly lagging earnings growth.
공시 • May 01Sichuan Em Technology Co., Ltd. announced that it has received CNY 767 million in funding from Gaojin Fuheng Group Co., Ltd and other investorsOn April 29, 2021, Sichuan Em Technology Co., Ltd. (SHSE:601208) closed the transaction.
Is New 90 Day High Low • Feb 22New 90-day high: CN¥12.38The company is up 3.0% from its price of CN¥12.06 on 24 November 2020. The Chinese market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 18% over the same period.
Is New 90 Day High Low • Jan 20New 90-day high: CN¥12.14The company is up 25% from its price of CN¥9.70 on 22 October 2020. The Chinese market is up 7.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Chemicals industry, which is up 17% over the same period.
Is New 90 Day High Low • Nov 05New 90-day high: CN¥10.53The company is up 18% from its price of CN¥8.90 on 07 August 2020. The Chinese market is down 4.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Chemicals industry, which is down 2.0% over the same period.
Reported Earnings • Oct 28Third quarter earnings releasedOver the last 12 months the company has reported total profits of CN¥158.1m, up 248% from the prior year. Total revenue was CN¥1.97b over the last 12 months, up 17% from the prior year.
Valuation Update With 7 Day Price Move • Oct 15Market bids up stock over the past weekAfter last week's 15% share price gain to CN¥10.36, the stock is trading at a trailing P/E ratio of 23.1x, up from the previous P/E ratio of 20x. This compares to an average P/E of 40x in the Chemicals industry in China. Total returns to shareholders over the past three years are 53%.
Is New 90 Day High Low • Oct 10New 90-day high: CN¥9.46The company is up 19% from its price of CN¥7.97 on 10 July 2020. The Chinese market is down 4.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Chemicals industry, which is up 3.0% over the same period.
공시 • Aug 19Sichuan Em Technology Co., Ltd. announced that it expects to receive CNY 800 million in funding from Gaojin Fuheng Group Co., LtdSichuan Em Technology Co., Ltd. (SHSE:601208) announced that it will issue not more than 187,980,300 A shares of par value CNY 1 for gross proceeds of not more than CNY 800,000,000 on August 18, 2020. The transaction will include participation from not more than 35 special investors including Gaojin Fuheng Group Co., Ltd., individual investors, Xiong Lingyao, Ning Hongtao, Zhang Jun, Qin Li, Yang Yang, Li Jixing, Cai Jiangang, and Yin Zhuwei will be subscribe in cash for not more than CNY 113,000,000. The transaction is valid for 12 months from the date of deliberation and approval by the company's shareholders meeting. The pricing base date is the first day of the issue period, and the issue price is not less than 80% of the average price of the company's stocks 20 trading days before the first day of the issue period. The lock-up period for Gaojin Fuheng Group Co., Ltd is 18 months and for the remaining investors is 6 months. The transaction has been approved by the board of directors in the fourth meeting of its fifth board of supervisors.
공시 • Jul 09Sichuan Em Technology Co., Ltd. to Report First Half, 2020 Results on Aug 26, 2020Sichuan Em Technology Co., Ltd. announced that they will report first half, 2020 results on Aug 26, 2020