View Financial HealthGRIPM Advanced Materials 배당 및 자사주 매입배당 기준 점검 0/6GRIPM Advanced Materials 은(는) 현재 수익률이 0.15% 인 배당금 지급 회사입니다.핵심 정보0.2%배당 수익률-0.02%자사주 매입 수익률총 주주 수익률0.1%미래 배당 수익률0.2%배당 성장률3.9%다음 배당 지급일n/a배당락일n/a주당 배당금n/a배당 성향28%최근 배당 및 자사주 매입 업데이트Declared Dividend • Jun 15Dividend of CN¥0.20 announcedDividend of CN¥0.20 is the same as last year. Ex-date: 18th June 2025 Payment date: 18th June 2025 Dividend yield will be 0.6%, which is lower than the industry average of 2.8%. Sustainability & Growth Dividend is covered by earnings (34% 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 7.5% per year over the past 4 years and payments have been stable during that time. EPS is expected to grow by 41% over the next year, which should provide support to the dividend and adequate earnings cover.모든 업데이트 보기Recent updatesNew Risk • May 08New 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 8.1% 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 Earnings have declined by 14% per year over the past 5 years. High level of non-cash earnings (24% accrual ratio). Minor Risk Share price has been volatile over the past 3 months (8.1% average weekly change).공시 • Apr 29GRIPM Advanced Materials Co., Ltd., Annual General Meeting, May 19, 2026GRIPM Advanced Materials Co., Ltd., Annual General Meeting, May 19, 2026, at 14:00 China Standard Time. Location: Building 1, No. 3, Yanqi Road, Yanqi Economic Development Zone, Huairou District, Beijing ChinaReported Earnings • Apr 25First quarter 2026 earnings released: EPS: CN¥0.29 (vs CN¥0.10 in 1Q 2025)First quarter 2026 results: EPS: CN¥0.29 (up from CN¥0.10 in 1Q 2025). Revenue: CN¥1.27b (up 59% from 1Q 2025). Net income: CN¥30.3m (up 193% from 1Q 2025). Profit margin: 2.4% (up from 1.3% in 1Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has increased by 25% per year, which means it is tracking significantly ahead of earnings growth.공시 • Mar 30GRIPM Advanced Materials Co., Ltd. to Report Q1, 2026 Results on Apr 25, 2026GRIPM Advanced Materials Co., Ltd. announced that they will report Q1, 2026 results on Apr 25, 2026Reported Earnings • Feb 13Full year 2025 earnings released: EPS: CN¥0.68 (vs CN¥0.57 in FY 2024)Full year 2025 results: EPS: CN¥0.68 (up from CN¥0.57 in FY 2024). Revenue: CN¥3.90b (up 21% from FY 2024). Net income: CN¥70.9m (up 19% from FY 2024). Profit margin: 1.8% (in line with FY 2024). Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has increased by 23% per year, which means it is tracking significantly ahead of earnings growth.New Risk • Jan 22New major risk - Revenue and earnings growthEarnings have declined by 21% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 21% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (9.4% average weekly change). Large one-off items impacting financial results.공시 • Dec 26GRIPM Advanced Materials Co., Ltd. to Report Fiscal Year 2025 Results on Apr 25, 2026GRIPM Advanced Materials Co., Ltd. announced that they will report fiscal year 2025 results on Apr 25, 2026New Risk • Dec 24New 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 7.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (7.9% average weekly change). Large one-off items impacting financial results.Reported Earnings • Oct 31Third quarter 2025 earnings released: EPS: CN¥0.16 (vs CN¥0.11 in 3Q 2024)Third quarter 2025 results: EPS: CN¥0.16 (up from CN¥0.11 in 3Q 2024). Revenue: CN¥1.06b (up 25% from 3Q 2024). Net income: CN¥15.9m (up 45% from 3Q 2024). Profit margin: 1.5% (up from 1.3% in 3Q 2024). Revenue is forecast to grow 7.0% p.a. on average during the next 2 years, compared to a 9.5% growth forecast for the Metals and Mining industry in China. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has increased by 14% per year, which means it is tracking significantly ahead of earnings growth.New Risk • Oct 31New major risk - Revenue and earnings growthEarnings have declined by 24% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 24% per year over the past 5 years. Minor Risk Large one-off items impacting financial results.공시 • Sep 30GRIPM Advanced Materials Co., Ltd. to Report Q3, 2025 Results on Oct 31, 2025GRIPM Advanced Materials Co., Ltd. announced that they will report Q3, 2025 results on Oct 31, 2025New Risk • Sep 24New 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 7.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (7.0% average weekly change). Large one-off items impacting financial results.Reported Earnings • Aug 28Second quarter 2025 earnings released: EPS: CN¥0.24 (vs CN¥0.19 in 2Q 2024)Second quarter 2025 results: EPS: CN¥0.24 (up from CN¥0.19 in 2Q 2024). Revenue: CN¥994.4m (up 17% from 2Q 2024). Net income: CN¥25.4m (up 30% from 2Q 2024). Profit margin: 2.6% (up from 2.3% in 2Q 2024). Revenue is forecast to grow 9.1% p.a. on average during the next 2 years, compared to a 9.4% growth forecast for the Metals and Mining industry in China. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 21% per year, which means it is well ahead of earnings.공시 • Jun 30GRIPM Advanced Materials Co., Ltd. to Report First Half, 2025 Results on Aug 28, 2025GRIPM Advanced Materials Co., Ltd. announced that they will report first half, 2025 results on Aug 28, 2025Declared Dividend • Jun 15Dividend of CN¥0.20 announcedDividend of CN¥0.20 is the same as last year. Ex-date: 18th June 2025 Payment date: 18th June 2025 Dividend yield will be 0.6%, which is lower than the industry average of 2.8%. Sustainability & Growth Dividend is covered by earnings (34% 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 7.5% per year over the past 4 years and payments have been stable during that time. EPS is expected to grow by 41% over the next year, which should provide support to the dividend and adequate earnings cover.Board Change • May 13Less than half of directors are independentFollowing 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. 3 non-independent directors. Independent Director Xuanhui Qu 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.공시 • May 06GRIPM Advanced Materials Co., Ltd., Annual General Meeting, May 27, 2025GRIPM Advanced Materials Co., Ltd., Annual General Meeting, May 27, 2025, at 15:00 China Standard Time. Location: Block D, No. 2, Xinjiekouwai Avenue, Xicheng District, Beijing ChinaReported Earnings • Apr 28First quarter 2025 earnings released: EPS: CN¥0.10 (vs CN¥0.09 in 1Q 2024)First quarter 2025 results: EPS: CN¥0.10 (up from CN¥0.09 in 1Q 2024). Revenue: CN¥795.7m (up 20% from 1Q 2024). Net income: CN¥10.3m (up 5.7% from 1Q 2024). Profit margin: 1.3% (down from 1.5% in 1Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 10.0% p.a. on average during the next 2 years, compared to a 9.8% growth forecast for the Metals and Mining industry in China. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has increased by 17% per year, which means it is well ahead of earnings.New Risk • Apr 27New major risk - Revenue and earnings growthEarnings have declined by 29% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 29% per year over the past 5 years. Minor Risk Paying a dividend despite having no free cash flows.Valuation Update With 7 Day Price Move • Apr 08Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to CN¥30.60, the stock trades at a trailing P/E ratio of 54.1x. Average trailing P/E is 27x in the Metals and Mining industry in China. Total returns to shareholders of 29% over the past three years.New Risk • Apr 03New major risk - Revenue and earnings growthEarnings have declined by 20% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 20% per year over the past 5 years. Minor Risk Paying a dividend despite having no free cash flows.공시 • Mar 28GRIPM Advanced Materials Co., Ltd. to Report Q1, 2025 Results on Apr 26, 2025GRIPM Advanced Materials Co., Ltd. announced that they will report Q1, 2025 results on Apr 26, 2025Reported Earnings • Feb 25Full year 2024 earnings: EPS and revenues miss analyst expectationsFull year 2024 results: EPS: CN¥0.57 (up from CN¥0.53 in FY 2023). Revenue: CN¥3.23b (up 20% from FY 2023). Net income: CN¥58.6m (up 6.3% from FY 2023). Profit margin: 1.8% (down from 2.1% in FY 2023). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 2.9%. Earnings per share (EPS) also missed analyst estimates by 17%. Revenue is forecast to grow 10% p.a. on average during the next 2 years, compared to a 10% growth forecast for the Metals and Mining industry in China. Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings.공시 • Dec 27GRIPM Advanced Materials Co., Ltd. to Report Fiscal Year 2024 Results on Apr 26, 2025GRIPM Advanced Materials Co., Ltd. announced that they will report fiscal year 2024 results on Apr 26, 2025분석 기사 • Nov 07GRIPM Advanced Materials (SHSE:688456) Strong Profits May Be Masking Some Underlying IssuesThe market for GRIPM Advanced Materials Co., Ltd.'s ( SHSE:688456 ) stock was strong after it released a healthy...Reported Earnings • Oct 31Third quarter 2024 earnings released: EPS: CN¥0.11 (vs CN¥0.081 in 3Q 2023)Third quarter 2024 results: EPS: CN¥0.11 (up from CN¥0.081 in 3Q 2023). Revenue: CN¥845.0m (up 14% from 3Q 2023). Net income: CN¥11.0m (up 30% from 3Q 2023). Profit margin: 1.3% (up from 1.1% in 3Q 2023). Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 9.6% growth forecast for the Metals and Mining industry in China. Over the last 3 years on average, earnings per share has fallen by 32% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings.Valuation Update With 7 Day Price Move • Oct 15Investor sentiment deteriorates as stock falls 22%After last week's 22% share price decline to CN¥28.47, the stock trades at a forward P/E ratio of 35x. Average forward P/E is 14x in the Metals and Mining industry in China. Total returns to shareholders of 4.2% over the past three years.공시 • Sep 30GRIPM Advanced Materials Co., Ltd. to Report Q3, 2024 Results on Oct 31, 2024GRIPM Advanced Materials Co., Ltd. announced that they will report Q3, 2024 results on Oct 31, 2024Valuation Update With 7 Day Price Move • Sep 30Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CN¥30.86, the stock trades at a forward P/E ratio of 38x. Average forward P/E is 14x in the Metals and Mining industry in China. Total returns to shareholders of 16% over the past three years.분석 기사 • Sep 26GRIPM Advanced Materials (SHSE:688456) May Have Issues Allocating Its CapitalDid you know there are some financial metrics that can provide clues of a potential multi-bagger? One common approach...Reported Earnings • Aug 28Second quarter 2024 earnings released: EPS: CN¥0.19 (vs CN¥0.19 in 2Q 2023)Second quarter 2024 results: EPS: CN¥0.19 (in line with 2Q 2023). Revenue: CN¥852.2m (up 29% from 2Q 2023). Net income: CN¥19.6m (up 3.0% from 2Q 2023). Profit margin: 2.3% (down from 2.9% in 2Q 2023). Revenue is forecast to grow 9.7% p.a. on average during the next 3 years, compared to a 9.4% growth forecast for the Metals and Mining industry in China. Over the last 3 years on average, earnings per share has fallen by 43% 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.Valuation Update With 7 Day Price Move • Jul 11Investor sentiment improves as stock rises 19%After last week's 19% share price gain to CN¥30.97, the stock trades at a forward P/E ratio of 41x. Average forward P/E is 13x in the Metals and Mining industry in China. Total returns to shareholders of 6.3% over the past three years.공시 • Jun 29GRIPM Advanced Materials Co., Ltd. to Report First Half, 2024 Results on Aug 28, 2024GRIPM Advanced Materials Co., Ltd. announced that they will report first half, 2024 results on Aug 28, 2024Valuation Update With 7 Day Price Move • Jun 11Investor sentiment deteriorates as stock falls 25%After last week's 25% share price decline to CN¥25.21, the stock trades at a forward P/E ratio of 33x. Average forward P/E is 14x in the Metals and Mining industry in China. Total loss to shareholders of 9.2% over the past three years.Valuation Update With 7 Day Price Move • May 27Investor sentiment improves as stock rises 20%After last week's 20% share price gain to CN¥37.77, the stock trades at a forward P/E ratio of 50x. Average forward P/E is 15x in the Metals and Mining industry in China. Total returns to shareholders of 36% over the past three years.New Risk • May 23New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 177% 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 (9.1% average weekly change). Large one-off items impacting financial results.분석 기사 • May 21GRIPM Advanced Materials Co., Ltd. (SHSE:688456) Stocks Shoot Up 26% But Its P/E Still Looks ReasonableDespite an already strong run, GRIPM Advanced Materials Co., Ltd. ( SHSE:688456 ) shares have been powering on, with a...Valuation Update With 7 Day Price Move • May 09Investor sentiment improves as stock rises 19%After last week's 19% share price gain to CN¥35.12, the stock trades at a forward P/E ratio of 46x. Average forward P/E is 15x in the Metals and Mining industry in China. Total returns to shareholders of 33% over the past three years.공시 • May 08GRIPM Advanced Materials Co., Ltd., Annual General Meeting, May 27, 2024GRIPM Advanced Materials Co., Ltd., Annual General Meeting, May 27, 2024, at 14:30 China Standard Time. Location: The Company's Meeting Room, Beijing China분석 기사 • May 06GRIPM Advanced Materials (SHSE:688456) Posted Healthy Earnings But There Are Some Other Factors To Be Aware OfGRIPM Advanced Materials Co., Ltd. ( SHSE:688456 ) announced strong profits, but the stock was stagnant. Our analysis...Reported Earnings • Apr 28Full year 2023 earnings: EPS and revenues miss analyst expectationsFull year 2023 results: EPS: CN¥0.53 (in line with FY 2022). Revenue: CN¥2.68b (down 3.6% from FY 2022). Net income: CN¥55.1m (flat on FY 2022). Profit margin: 2.1% (up from 2.0% in FY 2022). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 4.2%. Earnings per share (EPS) also missed analyst estimates by 15%. Revenue is forecast to grow 21% p.a. on average during the next 2 years, compared to a 9.7% growth forecast for the Metals and Mining industry in China. Over the last 3 years on average, earnings per share has fallen by 51% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings.분석 기사 • Apr 17GRIPM Advanced Materials (SHSE:688456) Will Be Hoping To Turn Its Returns On Capital AroundIf you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...공시 • Mar 30GRIPM Advanced Materials Co., Ltd. to Report Q1, 2024 Results on Apr 30, 2024GRIPM Advanced Materials Co., Ltd. announced that they will report Q1, 2024 results on Apr 30, 2024Valuation Update With 7 Day Price Move • Mar 18Investor sentiment improves as stock rises 22%After last week's 22% share price gain to CN¥27.05, the stock trades at a forward P/E ratio of 33x. Average forward P/E is 13x in the Metals and Mining industry in China. Total loss to shareholders of 25% over the past three years.New Risk • Feb 05New 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 7.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (7.5% average weekly change). Large one-off items impacting financial results.Valuation Update With 7 Day Price Move • Feb 02Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to CN¥21.00, the stock trades at a forward P/E ratio of 25x. Average forward P/E is 12x in the Metals and Mining industry in China. Total loss to shareholders of 39% over the past year.New Risk • Nov 07New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 164% 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 Paying a dividend despite having no free cash flows. Large one-off items impacting financial results.Reported Earnings • Nov 02Third quarter 2023 earnings released: EPS: CN¥0.081 (vs CN¥0.057 in 3Q 2022)Third quarter 2023 results: EPS: CN¥0.081 (up from CN¥0.057 in 3Q 2022). Revenue: CN¥738.4m (up 30% from 3Q 2022). Net income: CN¥8.45m (up 46% from 3Q 2022). Profit margin: 1.1% (up from 1.0% in 3Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 20% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Metals and Mining industry in China.New Risk • Aug 22New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 76% 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 Paying a dividend despite having no free cash flows. Large one-off items impacting financial results.Reported Earnings • Aug 22Second quarter 2023 earnings released: EPS: CN¥0.19 (vs CN¥0.16 in 2Q 2022)Second quarter 2023 results: EPS: CN¥0.19 (up from CN¥0.16 in 2Q 2022). Revenue: CN¥660.4m (down 18% from 2Q 2022). Net income: CN¥19.0m (up 11% from 2Q 2022). Profit margin: 2.9% (up from 2.1% in 2Q 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Metals and Mining industry in China.New Risk • Jul 03New major risk - Revenue and earnings growthEarnings have declined by 4.8% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 4.8% per year over the past 5 years. 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 (1.9% net profit margin).공시 • Jun 28GRIPM Advanced Materials Co., Ltd. to Report Q2, 2023 Results on Aug 19, 2023GRIPM Advanced Materials Co., Ltd. announced that they will report Q2, 2023 results on Aug 19, 2023Valuation Update With 7 Day Price Move • Nov 04Investor sentiment improved over the past weekAfter last week's 15% share price gain to CN¥32.58, the stock trades at a trailing P/E ratio of 42.2x. Average trailing P/E is 29x in the Metals and Mining industry in China. Total returns to shareholders of 29% over the past year.Valuation Update With 7 Day Price Move • Aug 31Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to CN¥28.20, the stock trades at a trailing P/E ratio of 35.5x. Average trailing P/E is 30x in the Metals and Mining industry in China. Total loss to shareholders of 13% over the past year.Valuation Update With 7 Day Price Move • Aug 10Investor sentiment improved over the past weekAfter last week's 19% share price gain to CN¥34.50, the stock trades at a trailing P/E ratio of 43.4x. Average trailing P/E is 31x in the Metals and Mining industry in China. Total returns to shareholders of 2.2% over the past year.Valuation Update With 7 Day Price Move • Jul 18Investor sentiment improved over the past weekAfter last week's 15% share price gain to CN¥25.93, the stock trades at a trailing P/E ratio of 32.6x. Average trailing P/E is 30x in the Metals and Mining industry in China. Total loss to shareholders of 12% over the past year.공시 • Feb 25GRIMP Advanced Materials Co., Ltd. announced that it expects to receive CNY 81.879 million in fundingGRIMP Advanced Materials Co., Ltd. announced a private placement of common shares for gross proceeds of CNY 81,879,000 on February 23, 2022. The transaction was approved by the board of directors of GRIMP Advanced Materials Co., Ltd at its first interim meeting of the second board of directors and the first interim meeting of the second board of supervisors.Valuation Update With 7 Day Price Move • Aug 27Investor sentiment improved over the past weekAfter last week's 20% share price gain to CN¥36.48, the stock trades at a trailing P/E ratio of 21.2x. Average trailing P/E is 31x in the Metals and Mining industry in China.Valuation Update With 7 Day Price Move • Aug 05Investor sentiment improved over the past weekAfter last week's 17% share price gain to CN¥33.14, the stock trades at a trailing P/E ratio of 19.2x. Average trailing P/E is 29x in the Metals and Mining industry in China.지급의 안정성과 성장배당 데이터 가져오는 중안정적인 배당: 688456 CN 시장에서 주목할만한 배당금을 지급하지 않으므로 지급이 안정적인지 확인할 필요가 없습니다.배당금 증가: 688456 CN 시장에서 주목할만한 배당금을 지급하지 않으므로 지급액이 증가하는지 확인할 필요가 없습니다.배당 수익률 vs 시장GRIPM Advanced Materials 배당 수익률 vs 시장688456의 배당 수익률은 시장과 어떻게 비교되나요?구분배당 수익률회사 (688456)0.2%시장 하위 25% (CN)0.4%시장 상위 25% (CN)2.1%업계 평균 (Metals and Mining)1.4%분석가 예측 (688456) (최대 3년)0.2%주목할만한 배당금: 688456 의 배당금( 0.15% )은 CN 시장에서 배당금 지급자의 하위 25%( 0.37% )와 비교해 주목할 만하지 않습니다.고배당: 688456 의 배당금( 0.15% )은 CN 시장에서 배당금 지급자의 상위 25%( 2.14% )와 비교해 낮습니다.주주 대상 이익 배당수익 보장: 688456 CN 시장에서 주목할만한 배당금을 지급하지 않습니다.주주 현금 배당현금 흐름 범위: 688456 배당금을 지급하고 있지만 회사에는 잉여현금흐름이 없습니다.높은 배당을 제공하는 우량 기업 찾기7D1Y7D1Y7D1YCN 시장에서 배당이 강한 기업.View Management기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/06/19 21:14종가2026/06/18 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 세부 정보는 당사의 Github 페이지에서 확인하실 수 있으며, 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공하고 있습니다.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 소스GRIPM Advanced Materials Co., Ltd.는 1명의 분석가가 다루고 있습니다. 이 중 0명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Zu Xue QiuMinsheng Securities Co.
Declared Dividend • Jun 15Dividend of CN¥0.20 announcedDividend of CN¥0.20 is the same as last year. Ex-date: 18th June 2025 Payment date: 18th June 2025 Dividend yield will be 0.6%, which is lower than the industry average of 2.8%. Sustainability & Growth Dividend is covered by earnings (34% 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 7.5% per year over the past 4 years and payments have been stable during that time. EPS is expected to grow by 41% over the next year, which should provide support to the dividend and adequate earnings cover.
New Risk • May 08New 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 8.1% 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 Earnings have declined by 14% per year over the past 5 years. High level of non-cash earnings (24% accrual ratio). Minor Risk Share price has been volatile over the past 3 months (8.1% average weekly change).
공시 • Apr 29GRIPM Advanced Materials Co., Ltd., Annual General Meeting, May 19, 2026GRIPM Advanced Materials Co., Ltd., Annual General Meeting, May 19, 2026, at 14:00 China Standard Time. Location: Building 1, No. 3, Yanqi Road, Yanqi Economic Development Zone, Huairou District, Beijing China
Reported Earnings • Apr 25First quarter 2026 earnings released: EPS: CN¥0.29 (vs CN¥0.10 in 1Q 2025)First quarter 2026 results: EPS: CN¥0.29 (up from CN¥0.10 in 1Q 2025). Revenue: CN¥1.27b (up 59% from 1Q 2025). Net income: CN¥30.3m (up 193% from 1Q 2025). Profit margin: 2.4% (up from 1.3% in 1Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has increased by 25% per year, which means it is tracking significantly ahead of earnings growth.
공시 • Mar 30GRIPM Advanced Materials Co., Ltd. to Report Q1, 2026 Results on Apr 25, 2026GRIPM Advanced Materials Co., Ltd. announced that they will report Q1, 2026 results on Apr 25, 2026
Reported Earnings • Feb 13Full year 2025 earnings released: EPS: CN¥0.68 (vs CN¥0.57 in FY 2024)Full year 2025 results: EPS: CN¥0.68 (up from CN¥0.57 in FY 2024). Revenue: CN¥3.90b (up 21% from FY 2024). Net income: CN¥70.9m (up 19% from FY 2024). Profit margin: 1.8% (in line with FY 2024). Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has increased by 23% per year, which means it is tracking significantly ahead of earnings growth.
New Risk • Jan 22New major risk - Revenue and earnings growthEarnings have declined by 21% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 21% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (9.4% average weekly change). Large one-off items impacting financial results.
공시 • Dec 26GRIPM Advanced Materials Co., Ltd. to Report Fiscal Year 2025 Results on Apr 25, 2026GRIPM Advanced Materials Co., Ltd. announced that they will report fiscal year 2025 results on Apr 25, 2026
New Risk • Dec 24New 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 7.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (7.9% average weekly change). Large one-off items impacting financial results.
Reported Earnings • Oct 31Third quarter 2025 earnings released: EPS: CN¥0.16 (vs CN¥0.11 in 3Q 2024)Third quarter 2025 results: EPS: CN¥0.16 (up from CN¥0.11 in 3Q 2024). Revenue: CN¥1.06b (up 25% from 3Q 2024). Net income: CN¥15.9m (up 45% from 3Q 2024). Profit margin: 1.5% (up from 1.3% in 3Q 2024). Revenue is forecast to grow 7.0% p.a. on average during the next 2 years, compared to a 9.5% growth forecast for the Metals and Mining industry in China. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has increased by 14% per year, which means it is tracking significantly ahead of earnings growth.
New Risk • Oct 31New major risk - Revenue and earnings growthEarnings have declined by 24% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 24% per year over the past 5 years. Minor Risk Large one-off items impacting financial results.
공시 • Sep 30GRIPM Advanced Materials Co., Ltd. to Report Q3, 2025 Results on Oct 31, 2025GRIPM Advanced Materials Co., Ltd. announced that they will report Q3, 2025 results on Oct 31, 2025
New Risk • Sep 24New 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 7.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (7.0% average weekly change). Large one-off items impacting financial results.
Reported Earnings • Aug 28Second quarter 2025 earnings released: EPS: CN¥0.24 (vs CN¥0.19 in 2Q 2024)Second quarter 2025 results: EPS: CN¥0.24 (up from CN¥0.19 in 2Q 2024). Revenue: CN¥994.4m (up 17% from 2Q 2024). Net income: CN¥25.4m (up 30% from 2Q 2024). Profit margin: 2.6% (up from 2.3% in 2Q 2024). Revenue is forecast to grow 9.1% p.a. on average during the next 2 years, compared to a 9.4% growth forecast for the Metals and Mining industry in China. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 21% per year, which means it is well ahead of earnings.
공시 • Jun 30GRIPM Advanced Materials Co., Ltd. to Report First Half, 2025 Results on Aug 28, 2025GRIPM Advanced Materials Co., Ltd. announced that they will report first half, 2025 results on Aug 28, 2025
Declared Dividend • Jun 15Dividend of CN¥0.20 announcedDividend of CN¥0.20 is the same as last year. Ex-date: 18th June 2025 Payment date: 18th June 2025 Dividend yield will be 0.6%, which is lower than the industry average of 2.8%. Sustainability & Growth Dividend is covered by earnings (34% 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 7.5% per year over the past 4 years and payments have been stable during that time. EPS is expected to grow by 41% over the next year, which should provide support to the dividend and adequate earnings cover.
Board Change • May 13Less than half of directors are independentFollowing 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. 3 non-independent directors. Independent Director Xuanhui Qu 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.
공시 • May 06GRIPM Advanced Materials Co., Ltd., Annual General Meeting, May 27, 2025GRIPM Advanced Materials Co., Ltd., Annual General Meeting, May 27, 2025, at 15:00 China Standard Time. Location: Block D, No. 2, Xinjiekouwai Avenue, Xicheng District, Beijing China
Reported Earnings • Apr 28First quarter 2025 earnings released: EPS: CN¥0.10 (vs CN¥0.09 in 1Q 2024)First quarter 2025 results: EPS: CN¥0.10 (up from CN¥0.09 in 1Q 2024). Revenue: CN¥795.7m (up 20% from 1Q 2024). Net income: CN¥10.3m (up 5.7% from 1Q 2024). Profit margin: 1.3% (down from 1.5% in 1Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 10.0% p.a. on average during the next 2 years, compared to a 9.8% growth forecast for the Metals and Mining industry in China. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has increased by 17% per year, which means it is well ahead of earnings.
New Risk • Apr 27New major risk - Revenue and earnings growthEarnings have declined by 29% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 29% per year over the past 5 years. Minor Risk Paying a dividend despite having no free cash flows.
Valuation Update With 7 Day Price Move • Apr 08Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to CN¥30.60, the stock trades at a trailing P/E ratio of 54.1x. Average trailing P/E is 27x in the Metals and Mining industry in China. Total returns to shareholders of 29% over the past three years.
New Risk • Apr 03New major risk - Revenue and earnings growthEarnings have declined by 20% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 20% per year over the past 5 years. Minor Risk Paying a dividend despite having no free cash flows.
공시 • Mar 28GRIPM Advanced Materials Co., Ltd. to Report Q1, 2025 Results on Apr 26, 2025GRIPM Advanced Materials Co., Ltd. announced that they will report Q1, 2025 results on Apr 26, 2025
Reported Earnings • Feb 25Full year 2024 earnings: EPS and revenues miss analyst expectationsFull year 2024 results: EPS: CN¥0.57 (up from CN¥0.53 in FY 2023). Revenue: CN¥3.23b (up 20% from FY 2023). Net income: CN¥58.6m (up 6.3% from FY 2023). Profit margin: 1.8% (down from 2.1% in FY 2023). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 2.9%. Earnings per share (EPS) also missed analyst estimates by 17%. Revenue is forecast to grow 10% p.a. on average during the next 2 years, compared to a 10% growth forecast for the Metals and Mining industry in China. Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings.
공시 • Dec 27GRIPM Advanced Materials Co., Ltd. to Report Fiscal Year 2024 Results on Apr 26, 2025GRIPM Advanced Materials Co., Ltd. announced that they will report fiscal year 2024 results on Apr 26, 2025
분석 기사 • Nov 07GRIPM Advanced Materials (SHSE:688456) Strong Profits May Be Masking Some Underlying IssuesThe market for GRIPM Advanced Materials Co., Ltd.'s ( SHSE:688456 ) stock was strong after it released a healthy...
Reported Earnings • Oct 31Third quarter 2024 earnings released: EPS: CN¥0.11 (vs CN¥0.081 in 3Q 2023)Third quarter 2024 results: EPS: CN¥0.11 (up from CN¥0.081 in 3Q 2023). Revenue: CN¥845.0m (up 14% from 3Q 2023). Net income: CN¥11.0m (up 30% from 3Q 2023). Profit margin: 1.3% (up from 1.1% in 3Q 2023). Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 9.6% growth forecast for the Metals and Mining industry in China. Over the last 3 years on average, earnings per share has fallen by 32% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings.
Valuation Update With 7 Day Price Move • Oct 15Investor sentiment deteriorates as stock falls 22%After last week's 22% share price decline to CN¥28.47, the stock trades at a forward P/E ratio of 35x. Average forward P/E is 14x in the Metals and Mining industry in China. Total returns to shareholders of 4.2% over the past three years.
공시 • Sep 30GRIPM Advanced Materials Co., Ltd. to Report Q3, 2024 Results on Oct 31, 2024GRIPM Advanced Materials Co., Ltd. announced that they will report Q3, 2024 results on Oct 31, 2024
Valuation Update With 7 Day Price Move • Sep 30Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CN¥30.86, the stock trades at a forward P/E ratio of 38x. Average forward P/E is 14x in the Metals and Mining industry in China. Total returns to shareholders of 16% over the past three years.
분석 기사 • Sep 26GRIPM Advanced Materials (SHSE:688456) May Have Issues Allocating Its CapitalDid you know there are some financial metrics that can provide clues of a potential multi-bagger? One common approach...
Reported Earnings • Aug 28Second quarter 2024 earnings released: EPS: CN¥0.19 (vs CN¥0.19 in 2Q 2023)Second quarter 2024 results: EPS: CN¥0.19 (in line with 2Q 2023). Revenue: CN¥852.2m (up 29% from 2Q 2023). Net income: CN¥19.6m (up 3.0% from 2Q 2023). Profit margin: 2.3% (down from 2.9% in 2Q 2023). Revenue is forecast to grow 9.7% p.a. on average during the next 3 years, compared to a 9.4% growth forecast for the Metals and Mining industry in China. Over the last 3 years on average, earnings per share has fallen by 43% 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.
Valuation Update With 7 Day Price Move • Jul 11Investor sentiment improves as stock rises 19%After last week's 19% share price gain to CN¥30.97, the stock trades at a forward P/E ratio of 41x. Average forward P/E is 13x in the Metals and Mining industry in China. Total returns to shareholders of 6.3% over the past three years.
공시 • Jun 29GRIPM Advanced Materials Co., Ltd. to Report First Half, 2024 Results on Aug 28, 2024GRIPM Advanced Materials Co., Ltd. announced that they will report first half, 2024 results on Aug 28, 2024
Valuation Update With 7 Day Price Move • Jun 11Investor sentiment deteriorates as stock falls 25%After last week's 25% share price decline to CN¥25.21, the stock trades at a forward P/E ratio of 33x. Average forward P/E is 14x in the Metals and Mining industry in China. Total loss to shareholders of 9.2% over the past three years.
Valuation Update With 7 Day Price Move • May 27Investor sentiment improves as stock rises 20%After last week's 20% share price gain to CN¥37.77, the stock trades at a forward P/E ratio of 50x. Average forward P/E is 15x in the Metals and Mining industry in China. Total returns to shareholders of 36% over the past three years.
New Risk • May 23New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 177% 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 (9.1% average weekly change). Large one-off items impacting financial results.
분석 기사 • May 21GRIPM Advanced Materials Co., Ltd. (SHSE:688456) Stocks Shoot Up 26% But Its P/E Still Looks ReasonableDespite an already strong run, GRIPM Advanced Materials Co., Ltd. ( SHSE:688456 ) shares have been powering on, with a...
Valuation Update With 7 Day Price Move • May 09Investor sentiment improves as stock rises 19%After last week's 19% share price gain to CN¥35.12, the stock trades at a forward P/E ratio of 46x. Average forward P/E is 15x in the Metals and Mining industry in China. Total returns to shareholders of 33% over the past three years.
공시 • May 08GRIPM Advanced Materials Co., Ltd., Annual General Meeting, May 27, 2024GRIPM Advanced Materials Co., Ltd., Annual General Meeting, May 27, 2024, at 14:30 China Standard Time. Location: The Company's Meeting Room, Beijing China
분석 기사 • May 06GRIPM Advanced Materials (SHSE:688456) Posted Healthy Earnings But There Are Some Other Factors To Be Aware OfGRIPM Advanced Materials Co., Ltd. ( SHSE:688456 ) announced strong profits, but the stock was stagnant. Our analysis...
Reported Earnings • Apr 28Full year 2023 earnings: EPS and revenues miss analyst expectationsFull year 2023 results: EPS: CN¥0.53 (in line with FY 2022). Revenue: CN¥2.68b (down 3.6% from FY 2022). Net income: CN¥55.1m (flat on FY 2022). Profit margin: 2.1% (up from 2.0% in FY 2022). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 4.2%. Earnings per share (EPS) also missed analyst estimates by 15%. Revenue is forecast to grow 21% p.a. on average during the next 2 years, compared to a 9.7% growth forecast for the Metals and Mining industry in China. Over the last 3 years on average, earnings per share has fallen by 51% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings.
분석 기사 • Apr 17GRIPM Advanced Materials (SHSE:688456) Will Be Hoping To Turn Its Returns On Capital AroundIf you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...
공시 • Mar 30GRIPM Advanced Materials Co., Ltd. to Report Q1, 2024 Results on Apr 30, 2024GRIPM Advanced Materials Co., Ltd. announced that they will report Q1, 2024 results on Apr 30, 2024
Valuation Update With 7 Day Price Move • Mar 18Investor sentiment improves as stock rises 22%After last week's 22% share price gain to CN¥27.05, the stock trades at a forward P/E ratio of 33x. Average forward P/E is 13x in the Metals and Mining industry in China. Total loss to shareholders of 25% over the past three years.
New Risk • Feb 05New 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 7.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (7.5% average weekly change). Large one-off items impacting financial results.
Valuation Update With 7 Day Price Move • Feb 02Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to CN¥21.00, the stock trades at a forward P/E ratio of 25x. Average forward P/E is 12x in the Metals and Mining industry in China. Total loss to shareholders of 39% over the past year.
New Risk • Nov 07New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 164% 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 Paying a dividend despite having no free cash flows. Large one-off items impacting financial results.
Reported Earnings • Nov 02Third quarter 2023 earnings released: EPS: CN¥0.081 (vs CN¥0.057 in 3Q 2022)Third quarter 2023 results: EPS: CN¥0.081 (up from CN¥0.057 in 3Q 2022). Revenue: CN¥738.4m (up 30% from 3Q 2022). Net income: CN¥8.45m (up 46% from 3Q 2022). Profit margin: 1.1% (up from 1.0% in 3Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 20% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Metals and Mining industry in China.
New Risk • Aug 22New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 76% 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 Paying a dividend despite having no free cash flows. Large one-off items impacting financial results.
Reported Earnings • Aug 22Second quarter 2023 earnings released: EPS: CN¥0.19 (vs CN¥0.16 in 2Q 2022)Second quarter 2023 results: EPS: CN¥0.19 (up from CN¥0.16 in 2Q 2022). Revenue: CN¥660.4m (down 18% from 2Q 2022). Net income: CN¥19.0m (up 11% from 2Q 2022). Profit margin: 2.9% (up from 2.1% in 2Q 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Metals and Mining industry in China.
New Risk • Jul 03New major risk - Revenue and earnings growthEarnings have declined by 4.8% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 4.8% per year over the past 5 years. 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 (1.9% net profit margin).
공시 • Jun 28GRIPM Advanced Materials Co., Ltd. to Report Q2, 2023 Results on Aug 19, 2023GRIPM Advanced Materials Co., Ltd. announced that they will report Q2, 2023 results on Aug 19, 2023
Valuation Update With 7 Day Price Move • Nov 04Investor sentiment improved over the past weekAfter last week's 15% share price gain to CN¥32.58, the stock trades at a trailing P/E ratio of 42.2x. Average trailing P/E is 29x in the Metals and Mining industry in China. Total returns to shareholders of 29% over the past year.
Valuation Update With 7 Day Price Move • Aug 31Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to CN¥28.20, the stock trades at a trailing P/E ratio of 35.5x. Average trailing P/E is 30x in the Metals and Mining industry in China. Total loss to shareholders of 13% over the past year.
Valuation Update With 7 Day Price Move • Aug 10Investor sentiment improved over the past weekAfter last week's 19% share price gain to CN¥34.50, the stock trades at a trailing P/E ratio of 43.4x. Average trailing P/E is 31x in the Metals and Mining industry in China. Total returns to shareholders of 2.2% over the past year.
Valuation Update With 7 Day Price Move • Jul 18Investor sentiment improved over the past weekAfter last week's 15% share price gain to CN¥25.93, the stock trades at a trailing P/E ratio of 32.6x. Average trailing P/E is 30x in the Metals and Mining industry in China. Total loss to shareholders of 12% over the past year.
공시 • Feb 25GRIMP Advanced Materials Co., Ltd. announced that it expects to receive CNY 81.879 million in fundingGRIMP Advanced Materials Co., Ltd. announced a private placement of common shares for gross proceeds of CNY 81,879,000 on February 23, 2022. The transaction was approved by the board of directors of GRIMP Advanced Materials Co., Ltd at its first interim meeting of the second board of directors and the first interim meeting of the second board of supervisors.
Valuation Update With 7 Day Price Move • Aug 27Investor sentiment improved over the past weekAfter last week's 20% share price gain to CN¥36.48, the stock trades at a trailing P/E ratio of 21.2x. Average trailing P/E is 31x in the Metals and Mining industry in China.
Valuation Update With 7 Day Price Move • Aug 05Investor sentiment improved over the past weekAfter last week's 17% share price gain to CN¥33.14, the stock trades at a trailing P/E ratio of 19.2x. Average trailing P/E is 29x in the Metals and Mining industry in China.