Valuation Update With 7 Day Price Move • Apr 30
Investor sentiment improves as stock rises 38% After last week's 38% share price gain to CN¥111, the stock trades at a trailing P/E ratio of 70.1x. Average trailing P/E is 49x in the Chemicals industry in China. Total returns to shareholders of 234% over the past three years. Reported Earnings • Apr 24
First quarter 2026 earnings released: EPS: CN¥1.17 (vs CN¥0.004 in 1Q 2025) First quarter 2026 results: EPS: CN¥1.17 (up from CN¥0.004 in 1Q 2025). Revenue: CN¥3.20b (up 90% from 1Q 2025). Net income: CN¥968.9m (up CN¥965.6m from 1Q 2025). Profit margin: 30% (up from 0.2% in 1Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 127 percentage points per year, which is a significant difference in performance. New Risk • Apr 20
New major risk - Revenue and earnings growth Earnings have declined by 14% 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 Risks Share price has been highly volatile over the past 3 months (11% average weekly change). Earnings have declined by 14% per year over the past 5 years. High level of non-cash earnings (27% accrual ratio). Minor Risk Profit margins are more than 30% lower than last year (5.3% net profit margin). New Risk • Apr 13
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Chinese stocks, typically moving 11% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (11% average weekly change). High level of non-cash earnings (27% accrual ratio). Minor Risk Profit margins are more than 30% lower than last year (5.3% net profit margin). 공시 • Mar 31
Canmax Technologies Co., Ltd. to Report Q1, 2026 Results on Apr 24, 2026 Canmax Technologies Co., Ltd. announced that they will report Q1, 2026 results on Apr 24, 2026 Reported Earnings • Mar 20
Full year 2025 earnings: EPS exceeds analyst expectations while revenues lag behind Full year 2025 results: EPS: CN¥0.48 (down from CN¥1.01 in FY 2024). Revenue: CN¥7.55b (up 14% from FY 2024). Net income: CN¥402.2m (down 53% from FY 2024). Profit margin: 5.3% (down from 13% in FY 2024). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 7.5%. Earnings per share (EPS) exceeded analyst estimates by 118%. Revenue is forecast to grow 31% p.a. on average during the next 2 years, compared to a 16% growth forecast for the Chemicals industry in China. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 110 percentage points per year, which is a significant difference in performance. 공시 • Mar 19
Canmax Technologies Co., Ltd., Annual General Meeting, Apr 09, 2026 Canmax Technologies Co., Ltd., Annual General Meeting, Apr 09, 2026, at 14:00 China Standard Time. Location: 3F, No. 99, Shuangma Street, Suzhou Industrial Park, Suzhou, Jiangsu China Board Change • Jan 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 4 highly experienced directors. Non-Independent Director Yunchao Fei was the last director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. 공시 • Dec 31
Canmax Technologies Co., Ltd. to Report Fiscal Year 2025 Results on Apr 25, 2026 Canmax Technologies Co., Ltd. announced that they will report fiscal year 2025 results on Apr 25, 2026 New Risk • Nov 04
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Chinese stocks, typically moving 9.5% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (9.5% average weekly change). Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Reported Earnings • Oct 25
Third quarter 2025 earnings released: EPS: CN¥0.23 (vs CN¥0.10 in 3Q 2024) Third quarter 2025 results: EPS: CN¥0.23 (up from CN¥0.10 in 3Q 2024). Revenue: CN¥2.11b (up 22% from 3Q 2024). Net income: CN¥188.6m (up 113% from 3Q 2024). Profit margin: 8.9% (up from 5.1% in 3Q 2024). Revenue is forecast to grow 34% 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, the company's share price growth rate has exceeded its earnings growth rate by 78 percentage points per year, which is a significant difference in performance. 공시 • Sep 30
Canmax Technologies Co., Ltd. to Report Q3, 2025 Results on Oct 25, 2025 Canmax Technologies Co., Ltd. announced that they will report Q3, 2025 results on Oct 25, 2025 New Risk • Sep 05
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 7.3% 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 Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Minor Risk Share price has been volatile over the past 3 months (7.3% average weekly change). Reported Earnings • Aug 31
Second quarter 2025 earnings released: CN¥0.19 loss per share (vs CN¥0.40 profit in 2Q 2024) Second quarter 2025 results: CN¥0.19 loss per share (down from CN¥0.40 profit in 2Q 2024). Revenue: CN¥1.77b (down 9.6% from 2Q 2024). Net loss: CN¥158.9m (down 148% from profit in 2Q 2024). Revenue is forecast to grow 33% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Chemicals industry in China. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 51 percentage points per year, which is a significant difference in performance. 공시 • Jul 02
Canmax Technologies Co., Ltd. to Report First Half, 2025 Results on Aug 29, 2025 Canmax Technologies Co., Ltd. announced that they will report first half, 2025 results on Aug 29, 2025 Declared Dividend • May 25
Dividend of CN¥0.60 announced Shareholders will receive a dividend of CN¥0.60. Ex-date: 30th May 2025 Payment date: 30th May 2025 Dividend yield will be 3.3%, which is higher than the industry average of 2.6%. Sustainability & Growth Dividend is not covered by earnings (143% earnings payout ratio) and 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 37% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 59% to bring the payout ratio under control. EPS is expected to grow by 197% over the next 3 years, which is sufficient to bring the dividend into a sustainable range. New Risk • Apr 26
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 24% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 110% Paying a dividend despite having no free cash flows. High level of non-cash earnings (24% accrual ratio). Minor Risk Profit margins are more than 30% lower than last year (5.3% net profit margin). Reported Earnings • Apr 25
Full year 2024 earnings released: EPS: CN¥1.01 (vs CN¥1.99 in FY 2023) Full year 2024 results: EPS: CN¥1.01 (down from CN¥1.99 in FY 2023). Revenue: CN¥6.61b (down 37% from FY 2023). Net income: CN¥847.6m (down 49% from FY 2023). Profit margin: 13% (down from 16% in FY 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 36% per year but the company’s share price has only fallen by 27% per year, which means it has not declined as severely as earnings. 공시 • Apr 25
Canmax Technologies Co., Ltd., Annual General Meeting, May 15, 2025 Canmax Technologies Co., Ltd., Annual General Meeting, May 15, 2025, at 14:00 China Standard Time. Location: 3F, No. 99, Shuangma Street, Suzhou Industrial Park, Suzhou, Jiangsu China Valuation Update With 7 Day Price Move • Apr 07
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to CN¥17.36, the stock trades at a trailing P/E ratio of 19x. Average trailing P/E is 37x in the Chemicals industry in China. Total loss to shareholders of 60% over the past three years. 공시 • Mar 31
Canmax Technologies Co., Ltd. to Report Q1, 2025 Results on Apr 25, 2025 Canmax Technologies Co., Ltd. announced that they will report Q1, 2025 results on Apr 25, 2025 공시 • Dec 31
Canmax Technologies Co., Ltd. to Report Fiscal Year 2024 Results on Apr 25, 2025 Canmax Technologies Co., Ltd. announced that they will report fiscal year 2024 results on Apr 25, 2025 Valuation Update With 7 Day Price Move • Nov 12
Investor sentiment improves as stock rises 26% After last week's 26% share price gain to CN¥30.72, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 20x in the Chemicals industry in China. Total loss to shareholders of 50% over the past three years. New Risk • Oct 30
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 123% 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 Risks Share price has been highly volatile over the past 3 months (12% average weekly change). Dividend is not well covered by earnings and cash flows. Payout ratio: 110% Cash payout ratio: 140% Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (11% net profit margin). Reported Earnings • Oct 29
Third quarter 2024 earnings released: EPS: CN¥0.10 (vs CN¥0.53 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.10 (down from CN¥0.53 in 3Q 2023). Revenue: CN¥1.74b (down 23% from 3Q 2023). Net income: CN¥88.4m (down 80% from 3Q 2023). Profit margin: 5.1% (down from 20% in 3Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 42% 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 15% per year but the company’s share price has fallen by 32% per year, which means it is performing significantly worse than earnings. Valuation Update With 7 Day Price Move • Oct 15
Investor sentiment deteriorates as stock falls 24% After last week's 24% share price decline to CN¥22.58, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 16x in the Chemicals industry in China. Total loss to shareholders of 72% over the past three years. 공시 • Sep 30
Canmax Technologies Co., Ltd. to Report Q3, 2024 Results on Oct 29, 2024 Canmax Technologies Co., Ltd. announced that they will report Q3, 2024 results on Oct 29, 2024 New Risk • Sep 27
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 6.9% 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 Dividend is not well covered by cash flows (106% cash payout ratio). Share price has been volatile over the past 3 months (6.9% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (15% net profit margin). Valuation Update With 7 Day Price Move • Sep 27
Investor sentiment improves as stock rises 29% After last week's 29% share price gain to CN¥20.57, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 16x in the Chemicals industry in China. Total loss to shareholders of 73% over the past three years. Price Target Changed • Aug 07
Price target decreased by 16% to CN¥17.94 Down from CN¥21.40, the current price target is provided by 1 analyst. New target price is 5.8% above last closing price of CN¥16.96. Stock is down 46% over the past year. The company is forecast to post earnings per share of CN¥1.55 for next year compared to CN¥1.99 last year. Buy Or Sell Opportunity • Jul 01
Now 25% undervalued after recent price drop Over the last 90 days, the stock has fallen 18% to CN¥17.36. The fair value is estimated to be CN¥23.24, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 62% over the last 3 years. Earnings per share has grown by 52%. For the next 3 years, revenue is forecast to grow by 21% per annum. Earnings are also forecast to grow by 8.7% per annum over the same time period. 공시 • Jun 29
Canmax Technologies Co., Ltd. to Report First Half, 2024 Results on Aug 07, 2024 Canmax Technologies Co., Ltd. announced that they will report first half, 2024 results on Aug 07, 2024 Buy Or Sell Opportunity • Jun 19
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 15% to CN¥18.59. The fair value is estimated to be CN¥23.43, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 62% over the last 3 years. Earnings per share has grown by 52%. For the next 3 years, revenue is forecast to grow by 21% per annum. Earnings are also forecast to grow by 8.7% per annum over the same time period. 공시 • Apr 24
Canmax Technologies Co., Ltd., Annual General Meeting, May 16, 2024 Canmax Technologies Co., Ltd., Annual General Meeting, May 16, 2024, at 14:00 China Standard Time. Location: 3F, No. 99, Shuangma Street, Suzhou Industrial Park, Suzhou, Jiangsu China Reported Earnings • Apr 24
Full year 2023 earnings: EPS exceeds analyst expectations while revenues lag behind Full year 2023 results: EPS: CN¥1.99 (down from CN¥8.63 in FY 2022). Revenue: CN¥10.5b (down 39% from FY 2022). Net income: CN¥1.66b (down 75% from FY 2022). Profit margin: 16% (down from 39% in FY 2022). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 39%. Earnings per share (EPS) exceeded analyst estimates by 1.0%. Revenue is forecast to grow 16% p.a. on average during the next 2 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 52% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. Buy Or Sell Opportunity • Apr 16
Now 24% undervalued after recent price drop Over the last 90 days, the stock has fallen 22% to CN¥18.66. The fair value is estimated to be CN¥24.52, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 76% over the last 3 years. Earnings per share has grown by 74%. Revenue is forecast to decline by 2.4% in 2 years. Earnings are forecast to decline by 55% in the next 2 years. 공시 • Mar 30
Canmax Technologies Co., Ltd. to Report Q1, 2024 Results on Apr 24, 2024 Canmax Technologies Co., Ltd. announced that they will report Q1, 2024 results on Apr 24, 2024 Buy Or Sell Opportunity • Mar 27
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 23% to CN¥19.56. The fair value is estimated to be CN¥24.66, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 76% over the last 3 years. Earnings per share has grown by 74%. Revenue is forecast to decline by 2.4% in 2 years. Earnings are forecast to decline by 55% in the next 2 years. New Risk • Mar 15
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 29% per year for the foreseeable future. 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 expected to decline, then in most cases the share price will decline over time as well. 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 Risks Earnings are forecast to decline by an average of 29% per year for the foreseeable future. High level of non-cash earnings (29% accrual ratio). Minor Risks Dividend is not well covered by cash flows (136% cash payout ratio). Profit margins are more than 30% lower than last year (24% net profit margin). New Risk • Feb 07
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 7.5% 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: Major Risk High level of non-cash earnings (29% accrual ratio). Minor Risks Dividend is not well covered by cash flows (136% cash payout ratio). Share price has been volatile over the past 3 months (7.5% average weekly change). Profit margins are more than 30% lower than last year (24% net profit margin). Buy Or Sell Opportunity • Feb 02
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 31% to CN¥18.19. The fair value is estimated to be CN¥23.14, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 76% over the last 3 years. Earnings per share has grown by 74%. Valuation Update With 7 Day Price Move • Feb 01
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to CN¥19.03, the stock trades at a trailing P/E ratio of 4.9x. Average trailing P/E is 28x in the Chemicals industry in China. Total loss to shareholders of 5.0% over the past three years. 공시 • Dec 29
Canmax Technologies Co., Ltd. to Report Fiscal Year 2023 Results on Apr 24, 2024 Canmax Technologies Co., Ltd. announced that they will report fiscal year 2023 results on Apr 24, 2024 공시 • Nov 11
Canmax Technologies Co., Ltd. (SZSE:300390) announces an Equity Buyback for CNY 250 million worth of its shares. Canmax Technologies Co., Ltd. (SZSE:300390) announces a share repurchase program. Under the program, the company will repurchase CNY 250 million worth of its shares. The shares will be repurchased at a price of not more than CNY 39.5 per share. The shares purchased will be used for ESOP and equity incentives. The program is valid for 12 months. Reported Earnings • Oct 24
Third quarter 2023 earnings released: EPS: CN¥0.53 (vs CN¥2.15 in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.53 (down from CN¥2.15 in 3Q 2022). Revenue: CN¥2.27b (down 53% from 3Q 2022). Net income: CN¥447.1m (down 73% from 3Q 2022). Profit margin: 20% (down from 34% in 3Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 19% growth forecast for the Chemicals industry in China. Over the last 3 years on average, earnings per share has increased by 74% per year but the company’s share price has only increased by 30% per year, which means it is significantly lagging earnings growth. Reported Earnings • Aug 31
Second quarter 2023 earnings released: EPS: CN¥0.59 (vs CN¥2.61 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.59 (down from CN¥2.61 in 2Q 2022). Revenue: CN¥3.10b (down 29% from 2Q 2022). Net income: CN¥493.1m (down 75% from 2Q 2022). Profit margin: 16% (down from 45% in 2Q 2022). The decrease in margin was primarily driven by lower revenue. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 19% growth forecast for the Chemicals industry in China. Over the last 3 years on average, earnings per share has increased by 91% per year but the company’s share price has only increased by 26% per year, which means it is significantly lagging earnings growth. Reported Earnings • Mar 30
Full year 2022 earnings released: EPS: CN¥11.22 (vs CN¥1.59 in FY 2021) Full year 2022 results: EPS: CN¥11.22 (up from CN¥1.59 in FY 2021). Revenue: CN¥17.0b (up 401% from FY 2021). Net income: CN¥6.59b (up CN¥5.68b from FY 2021). Profit margin: 39% (up from 27% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 117% per year but the company’s share price has only increased by 75% per year, which means it is significantly lagging earnings growth. 공시 • Dec 28
Suzhou TA&A Ultra Clean Technology Co.,Ltd. Approves Executive Elections Suzhou TA&A ultra clean technology Co.,Ltd. announced that it has approved election of Pei Zhenhua, Lu Jianping, Wang Hang and Fei Yunchao as non-independent director; Huang Xuexian as independent director; and Chen Xuerong and Xiang Yan as supervisors, at its Extraordinary General Meeting of 2022 held on 26 December 2022. Reported Earnings • Oct 28
Third quarter 2022 earnings released: EPS: CN¥2.79 (vs CN¥0.41 in 3Q 2021) Third quarter 2022 results: EPS: CN¥2.79 (up from CN¥0.41 in 3Q 2021). Revenue: CN¥4.80b (up 439% from 3Q 2021). Net income: CN¥1.64b (up CN¥1.41b from 3Q 2021). Profit margin: 34% (up from 27% in 3Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 121% per year but the company’s share price has increased by 128% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Aug 26
Second quarter 2022 earnings released: EPS: CN¥3.40 (vs CN¥0.29 in 2Q 2021) Second quarter 2022 results: EPS: CN¥3.40 (up from CN¥0.29 in 2Q 2021). Revenue: CN¥4.39b (up 475% from 2Q 2021). Net income: CN¥1.99b (up CN¥1.83b from 2Q 2021). Profit margin: 45% (up from 22% in 2Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 41%, compared to a 42% growth forecast for the Chemicals industry in China. Over the last 3 years on average, earnings per share has increased by 120% per year but the company’s share price has increased by 153% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Jul 01
Investor sentiment improved over the past week After last week's 20% share price gain to CN¥96.49, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 17x in the Chemicals industry in China. Total returns to shareholders of 1,514% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥59.31 per share. Valuation Update With 7 Day Price Move • Jun 06
Investor sentiment improved over the past week After last week's 15% share price gain to CN¥69.20, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 17x in the Chemicals industry in China. Total returns to shareholders of 1,038% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥57.18 per share. Reported Earnings • Apr 29
First quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behind First quarter 2022 results: EPS: CN¥2.60 (up from CN¥0.27 in 1Q 2021). Revenue: CN¥3.39b (up 407% from 1Q 2021). Net income: CN¥1.52b (up CN¥1.37b from 1Q 2021). Profit margin: 45% (up from 22% in 1Q 2021). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 2.6%. Earnings per share (EPS) exceeded analyst estimates by 15%. Over the next year, revenue is forecast to grow 100%, compared to a 42% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has increased by 110% per year whereas the company’s share price has increased by 115% per year. Price Target Changed • Apr 27
Price target increased to CN¥99.18 Up from CN¥54.02, the current price target is an average from 2 analysts. New target price is 73% above last closing price of CN¥57.38. Stock is up 94% over the past year. The company is forecast to post earnings per share of CN¥5.61 for next year compared to CN¥1.59 last year. 공시 • Mar 06
Suzhou Ta&A Ultra Clean Technology Co.,Ltd. Approves 2021 Profit Distribution Suzhou TA&A Ultra Clean Technology Co.,LTD. at the AGM-approved 2021 profit distribution. The company approved cash dividend/10 shares (tax included) of CNY 5.00000000. Valuation Update With 7 Day Price Move • Mar 04
Investor sentiment deteriorated over the past week After last week's 16% share price decline to CN¥73.59, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 14x in the Luxury industry in China. Total returns to shareholders of 1,117% over the past three years. Valuation Update With 7 Day Price Move • Feb 15
Investor sentiment improved over the past week After last week's 16% share price gain to CN¥77.00, the stock trades at a forward P/E ratio of 34x. Average forward P/E is 14x in the Luxury industry in China. Total returns to shareholders of 1,395% over the past three years. Reported Earnings • Feb 08
Full year 2021 earnings: EPS exceeds analyst expectations while revenues lag behind Full year 2021 results: EPS: CN¥1.59 (up from CN¥0.52 in FY 2020). Revenue: CN¥3.40b (up 159% from FY 2020). Net income: CN¥910.7m (up 218% from FY 2020). Profit margin: 27% (up from 22% in FY 2020). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 2.6%. Earnings per share (EPS) exceeded analyst estimates by 15%. Over the next year, revenue is forecast to grow 96%, compared to a 35% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has increased by 95% per year but the company’s share price has increased by 135% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Dec 24
Investor sentiment deteriorated over the past week After last week's 15% share price decline to CN¥73.98, the stock trades at a forward P/E ratio of 35x. Average forward P/E is 15x in the Luxury industry in China. Total returns to shareholders of 1,550% over the past three years. Reported Earnings • Oct 14
Third quarter 2021 earnings released: EPS CN¥0.41 (vs CN¥0.08 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: CN¥890.7m (up 195% from 3Q 2020). Net income: CN¥237.7m (up 465% from 3Q 2020). Profit margin: 27% (up from 14% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 91% per year but the company’s share price has increased by 184% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Aug 01
Second quarter 2021 earnings released: EPS CN¥0.29 (vs CN¥0.24 in 2Q 2020) The company reported a solid second quarter result with improved earnings and revenues, although profit margins were weaker. Second quarter 2021 results: Revenue: CN¥763.4m (up 44% from 2Q 2020). Net income: CN¥166.5m (up 19% from 2Q 2020). Profit margin: 22% (down from 26% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 89% per year but the company’s share price has increased by 109% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • May 28
Investor sentiment improved over the past week After last week's 19% share price gain to CN¥34.67, the stock trades at a forward P/E ratio of 42x. Average forward P/E is 19x in the Luxury industry in China. Total returns to shareholders of 396% over the past three years. 공시 • May 21
Suzhou Ta&A Ultra Clean Technology Co.,Ltd. Announces 2020 Final Distribution Plan to Be Implemented (A Shares), Payable 27 May 2021 Suzhou TA&A Ultra Clean Technology Co.,LTD. announced 2020 final distribution plan to be implemented (A shares) of CNY 1.00000000 per ten shares tax included. The dividend is payable on May 27, 2021 of the record date May 26, 2021. The ex dividend date is May 27, 2021. 공시 • May 16
Suzhou TA&A Ultra Clean Technology Co.,LTD. Approves Final Dividend Profit Distribution for 2020 Suzhou TA&A Ultra Clean Technology Co.,LTD. at its Annual General Meeting of 2020 on 12 May 2021 approved final dividend profit distribution for 2020 as follows: Cash dividend/10 shares (tax included): CNY 1.00000000. Reported Earnings • Apr 21
First quarter 2021 earnings released: EPS CN¥0.27 (vs CN¥0.09 in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: CN¥668.0m (up 188% from 1Q 2020). Net income: CN¥146.1m (up 208% from 1Q 2020). Profit margin: 22% (up from 21% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 90% per year but the company’s share price has only increased by 67% per year, which means it is significantly lagging earnings growth. 공시 • Mar 09
Suzhou TA&A Ultra Clean Technology Co.,LTD. to Report Fiscal Year 2020 Results on Apr 21, 2021 Suzhou TA&A Ultra Clean Technology Co.,LTD. announced that they will report fiscal year 2020 results on Apr 21, 2021 Is New 90 Day High Low • Mar 02
New 90-day high: CN¥31.82 The company is up 82% from its price of CN¥17.53 on 02 December 2020. The Chinese market is up 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Luxury industry, which is down 5.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥31.11 per share. Valuation Update With 7 Day Price Move • Mar 01
Investor sentiment improved over the past week After last week's 20% share price gain to CN¥29.85, the stock is trading at a trailing P/E ratio of 68.6x, up from the previous P/E ratio of 57.4x. This compares to an average P/E of 26x in the Luxury industry in China. Total returns to shareholders over the past three years are 586%. Valuation Update With 7 Day Price Move • Jan 28
Investor sentiment improved over the past week After last week's 25% share price gain to CN¥30.55, the stock is trading at a trailing P/E ratio of 70.2x, up from the previous P/E ratio of 56.2x. This compares to an average P/E of 25x in the Luxury industry in China. Total returns to shareholders over the past three years are 704%. Is New 90 Day High Low • Jan 22
New 90-day high: CN¥27.00 The company is up 72% from its price of CN¥15.68 on 23 October 2020. The Chinese market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Luxury industry, which is down 10.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥32.35 per share. Valuation Update With 7 Day Price Move • Jan 14
Investor sentiment deteriorated over the past week After last week's 16% share price decline to CN¥21.46, the stock is trading at a trailing P/E ratio of 49.3x, down from the previous P/E ratio of 58.5x. This compares to an average P/E of 25x in the Luxury industry in China. Total returns to shareholders over the past three years are 437%. Valuation Update With 7 Day Price Move • Dec 18
Investor sentiment improved over the past week After last week's 21% share price gain to CN¥22.28, the stock is trading at a trailing P/E ratio of 51.2x, up from the previous P/E ratio of 42.5x. This compares to an average P/E of 30x in the Luxury industry in China. Total returns to shareholders over the past three years are 410%. Is New 90 Day High Low • Dec 07
New 90-day high: CN¥19.11 The company is up 11% from its price of CN¥17.15 on 08 September 2020. The Chinese market is up 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Luxury industry, which is flat over the same period. 공시 • Nov 05
Suzhou TA&A Ultra Clean Technology Co.,LTD. (SZSE:300390) completed the acquisition of additional 26% stake in Yibin Tianyi Lithium Industry Co., Ltd. from Changjiang Chendao (Hubei) New Energy Industrial Investment Partnership Enterprise (Limited Partnership). Suzhou TA&A Ultra Clean Technology Co.,LTD. (SZSE:300390) entered into share transfer agreement to acquire additional 26% stake in Yibin Tianyi Lithium Industry Co., Ltd. from Changjiang Chendao (Hubei) New Energy Industrial Investment Partnership Enterprise (Limited Partnership) for approximately CNY 160 million on September 4, 2020. Within 3 working days from the agreement’s effectivity date, Suzhou TA&A will pay CNY 127,400,000. Within 7 working days from the transfer completion date, Suzhou TA&A will pay the remaining amount. As at December 31, 2019, Yibin Tianyi Lithium Industry had net assets of CNY 421.87 million and total assets of CNY 695.68 million. For the year ended December 31, 2019, Yibin Tianyi Lithium Industry had operating profit of CNY 3.2 million and net profit of CNY 2.4 million. The transaction is subject to Yibin Tianyi Lithium Industry Co., Ltd.’s shareholders’ approval, Changjiang Chendao (Hubei) New Energy Industrial Investment Partnership Enterprise (Limited Partnership)’s investment committee’s approval, Suzhou TA&A's shareholders’ approval and other necessary approvals. The transaction been approved in the 6th Meeting of the Suzhou TA&A’s 5th Directorate. Xu Yuntao and Dai Luofei of Tianfeng Securities Co., Ltd. acted as independent financial advisor, Bao Jinqiao, Si Hui and Chen Yeran of Anhui Chengyi Law Firm acted as legal advisor and Liu Yong, Yu Guohui and Chen Shaoxia of RSM China Certified Public Accountants acted as accountant to Suzhou TA&A Ultra Clean Technology Co.,LTD.
Suzhou TA&A Ultra Clean Technology Co.,LTD. (SZSE:300390) completed the acquisition of additional 26% stake in Yibin Tianyi Lithium Industry Co., Ltd. from Changjiang Chendao (Hubei) New Energy Industrial Investment Partnership Enterprise (Limited Partnership) on November 3, 2020. As of November 3, 2020, Suzhou paid first phase of the payment of CNY 127.4 million and and remaining CNY 34.8 milliomwill be paid within 7 working days from the date of completion of the business. Reported Earnings • Oct 23
Third quarter earnings released Over the last 12 months the company has reported total profits of CN¥241.5m, up 284% from the prior year. Total revenue was CN¥1.28b over the last 12 months, up 74% from the prior year. 공시 • Sep 09
Suzhou TA&A Ultra Clean Technology Co.,LTD. (SZSE:300390) entered into share transfer agreement to acquire additional 26% stake in Yibin Tianyi Lithium Industry Co., Ltd. from Changjiang Chendao (Hubei) New Energy Industrial Investment Partnership Enterprise (Limited Partnership) for approximately CNY 160 million. Suzhou TA&A Ultra Clean Technology Co.,LTD. (SZSE:300390) entered into share transfer agreement to acquire additional 26% stake in Yibin Tianyi Lithium Industry Co., Ltd. from Changjiang Chendao (Hubei) New Energy Industrial Investment Partnership Enterprise (Limited Partnership) for approximately CNY 160 million on September 4, 2020. Within 3 working days from the agreement’s effectivity date, Suzhou TA&A will pay CNY 127,400,000. Within 7 working days from the transfer completion date, Suzhou TA&A will pay the remaining amount. As at December 31, 2019, Yibin Tianyi Lithium Industry had net assets of CNY 421.87 million and total assets of CNY 695.68 million. For the year ended December 31, 2019, Yibin Tianyi Lithium Industry had operating profit of CNY 3.2 million and net profit of CNY 2.4 million. The transaction is subject to Yibin Tianyi Lithium Industry Co., Ltd.’s shareholders’ approval, Changjiang Chendao (Hubei) New Energy Industrial Investment Partnership Enterprise (Limited Partnership)’s investment committee’s approval, Suzhou TA&A's shareholders’ approval and other necessary approvals. The transaction been approved in the 6th Meeting of the Suzhou TA&A’s 5th Directorate. Xu Yuntao and Dai Luofei of Tianfeng Securities Co., Ltd. acted as independent financial advisor, Bao Jinqiao, Si Hui and Chen Yeran of Anhui Chengyi Law Firm acted as legal advisor and Liu Yong, Yu Guohui and Chen Shaoxia of RSM China Certified Public Accountants (Special General Partnership) acted as accountant to Suzhou TA&A Ultra Clean Technology Co.,LTD. 공시 • Jul 18
Suzhou TA&A Ultra Clean Technology Co.,LTD. to Report First Half, 2020 Results on Jul 31, 2020 Suzhou TA&A Ultra Clean Technology Co.,LTD. announced that they will report first half, 2020 results on Jul 31, 2020