Valuation Update With 7 Day Price Move • Jul 17
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to CN¥7.51, the stock trades at a trailing P/E ratio of 54.5x. Average trailing P/E is 43x in the Chemicals industry in China. Total loss to shareholders of 24% over the past three years. 공고 • Jun 30
Jiangsu Jiuding New Material Co., Ltd. to Report First Half, 2026 Results on Aug 21, 2026 Jiangsu Jiuding New Material Co., Ltd. announced that they will report first half, 2026 results on Aug 21, 2026 Valuation Update With 7 Day Price Move • Jun 29
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to CN¥10.79, the stock trades at a trailing P/E ratio of 78.3x. Average trailing P/E is 50x in the Chemicals industry in China. Total returns to shareholders of 13% over the past three years. Board Change • May 20
High number of new and inexperienced directors There are 7 new directors who have joined the board in the last 3 years. The company's board is composed of: 7 new directors. 2 experienced directors. 3 highly experienced directors. Employee Representative Supervisor Zhenhua Gu is the most experienced director on the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. 공고 • Apr 21
Jiangsu Jiuding New Material Co., Ltd., Annual General Meeting, May 12, 2026 Jiangsu Jiuding New Material Co., Ltd., Annual General Meeting, May 12, 2026, at 14:00 China Standard Time. Location: The Company's Meeting Room, Rugao, Jiangsu China 공고 • Mar 31
Jiangsu Jiuding New Material Co., Ltd. to Report Q1, 2026 Results on Apr 28, 2026 Jiangsu Jiuding New Material Co., Ltd. announced that they will report Q1, 2026 results on Apr 28, 2026 공고 • Dec 31
Jiangsu Jiuding New Material Co., Ltd. to Report Fiscal Year 2025 Results on Apr 21, 2026 Jiangsu Jiuding New Material Co., Ltd. announced that they will report fiscal year 2025 results on Apr 21, 2026 공고 • Sep 30
Jiangsu Jiuding New Material Co., Ltd. to Report Q3, 2025 Results on Oct 29, 2025 Jiangsu Jiuding New Material Co., Ltd. announced that they will report Q3, 2025 results on Oct 29, 2025 공고 • Jul 02
Jiangsu Jiuding New Material Co., Ltd. to Report First Half, 2025 Results on Aug 28, 2025 Jiangsu Jiuding New Material Co., Ltd. announced that they will report first half, 2025 results on Aug 28, 2025 공고 • Apr 23
Jiangsu Jiuding New Material Co., Ltd. Proposes Final Cash Dividend for 2024 Jiangsu Amer New Material Co., Ltd. announced final cash profit distribution proposal of CNY 0.14000000 per ten shares (tax included) for the year 2024. 공고 • Apr 22
Jiangsu Jiuding New Material Co., Ltd., Annual General Meeting, May 15, 2025 Jiangsu Jiuding New Material Co., Ltd., Annual General Meeting, May 15, 2025, at 14:00 China Standard Time. Location: The Company's Meeting Room, Rugao, Jiangsu China 공고 • Mar 31
Jiangsu Jiuding New Material Co., Ltd. to Report Q1, 2025 Results on Apr 30, 2025 Jiangsu Jiuding New Material Co., Ltd. announced that they will report Q1, 2025 results on Apr 30, 2025 공고 • Dec 31
Jiangsu AMER New Material Co., Ltd. to Report Fiscal Year 2024 Results on Apr 22, 2025 Jiangsu AMER New Material Co., Ltd. announced that they will report fiscal year 2024 results on Apr 22, 2025 공고 • Nov 27
Jiangsu AMER New Material Co., Ltd. Approves Board Elections Jiangsu AMER New Material Co., Ltd. at its Extraordinary General Meeting held on 25 November 2024 approved the election of Gu Qingbo, Feng Yongzhao, Wang Hao and Wang Xiang as non-independent director. The company approved the election of Gu Zhengfen and Yu Shoufu as independent director. The company approved the election of Yang Guoqiang as non-employee supervisor. Reported Earnings • Oct 30
Third quarter 2024 earnings released: EPS: CN¥0.014 (vs CN¥0.014 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.014 (in line with 3Q 2023). Revenue: CN¥328.0m (down 1.1% from 3Q 2023). Net income: CN¥8.91m (up 1.3% from 3Q 2023). Profit margin: 2.7% (in line with 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has fallen by 31% 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 16% After last week's 16% share price decline to CN¥4.59, the stock trades at a trailing P/E ratio of 74x. Average trailing P/E is 31x in the Chemicals industry in China. Total loss to shareholders of 74% over the past three years. 공고 • Sep 30
Jiangsu AMER New Material Co., Ltd. to Report Q3, 2024 Results on Oct 28, 2024 Jiangsu AMER New Material Co., Ltd. announced that they will report Q3, 2024 results on Oct 28, 2024 Valuation Update With 7 Day Price Move • Sep 30
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to CN¥4.57, the stock trades at a trailing P/E ratio of 73.7x. Average trailing P/E is 30x in the Chemicals industry in China. Total loss to shareholders of 71% over the past three years. New Risk • Aug 31
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 21% 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. This is currently the only risk that has been identified for the company. New Risk • Aug 21
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 7.3% 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 Debt is not well covered by operating cash flow (15% operating cash flow to total debt). Minor Risk Share price has been volatile over the past 3 months (7.3% average weekly change). 공고 • Jul 19
Jiangsu Amer New Material Co., Ltd. Announces Final Cash Dividend on A Shares for the Year 2023, Payable on July 26, 2024 Jiangsu Amer New Material Co., Ltd. announced final cash dividend of CNY 0.05 per 10 shares on A shares for the year 2023. Record date is July 25, 2024, Ex-Date is July 26, 2024 and Payment Date is July 26, 2024. 공고 • Jun 29
Jiangsu AMER New Material Co., Ltd. to Report First Half, 2024 Results on Aug 24, 2024 Jiangsu AMER New Material Co., Ltd. announced that they will report first half, 2024 results on Aug 24, 2024 공고 • Apr 23
Jiangsu AMER New Material Co., Ltd., Annual General Meeting, May 27, 2024 Jiangsu AMER New Material Co., Ltd., Annual General Meeting, May 27, 2024, at 14:00 China Standard Time. Location: The Company's Meeting Room, Rugao, Jiangsu China 공고 • Mar 30
Jiangsu AMER New Material Co., Ltd. to Report Q1, 2024 Results on Apr 30, 2024 Jiangsu AMER New Material Co., Ltd. announced that they will report Q1, 2024 results on Apr 30, 2024 Reported Earnings • Mar 28
Full year 2023 earnings released: EPS: CN¥0.06 (vs CN¥0.056 in FY 2022) Full year 2023 results: EPS: CN¥0.06 (up from CN¥0.056 in FY 2022). Revenue: CN¥1.72b (up 19% from FY 2022). Net income: CN¥38.2m (up 5.5% from FY 2022). Profit margin: 2.2% (down from 2.5% in FY 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings. Board Change • Mar 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. 10 experienced directors. No highly experienced directors. Non-Independent Director Jiantao Zhang was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. 공고 • Dec 30
Jiangsu AMER New Material Co., Ltd. to Report Fiscal Year 2023 Results on Apr 23, 2024 Jiangsu AMER New Material Co., Ltd. announced that they will report fiscal year 2023 results on Apr 23, 2024 New Risk • Nov 24
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 6.3% 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 Interest payments are not well covered by earnings (2.4x net interest cover). Minor Risks Share price has been volatile over the past 3 months (6.3% average weekly change). Large one-off items impacting financial results. New Risk • Oct 31
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 23% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.4x net interest cover). Minor Risk Large one-off items impacting financial results. Reported Earnings • Oct 27
Third quarter 2023 earnings released: EPS: CN¥0.014 (vs CN¥0.009 in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.014 (up from CN¥0.009 in 3Q 2022). Revenue: CN¥331.6m (up 3.1% from 3Q 2022). Net income: CN¥8.79m (up 51% from 3Q 2022). Profit margin: 2.7% (up from 1.8% in 3Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has remained flat, which means it is well ahead of earnings. New Risk • Aug 29
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 40% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.9x net interest cover). Minor Risk Large one-off items impacting financial results. Reported Earnings • Aug 24
Second quarter 2023 earnings released: EPS: CN¥0.012 (vs CN¥0.02 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.012 (down from CN¥0.02 in 2Q 2022). Revenue: CN¥575.7m (up 58% from 2Q 2022). Net income: CN¥8.11m (down 32% from 2Q 2022). Profit margin: 1.4% (down from 3.3% in 2Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings. 공고 • Jun 15
Jiangsu Amer New Material Co., Ltd. Announces Final Cash Dividend on A Shares for the Year 2022, Payable on June 26, 2023 Jiangsu Amer New Material Co., Ltd. announced final cash dividend of CNY 0.05 per 10 shares on A shares for the year 2022. Record date is June 21, 2023, Ex-Date is June 26, 2023 and Payment Date is June 26, 2023. 공고 • May 26
Jiangsu Amer New Material Co., Ltd. Approves Final Profit Distribution for the Year 2022 Jiangsu Amer New Material Co., Ltd. announced result of Annual General Meeting of 2022 on 22 May 2023, approved the final profit distribution proposal of CNY 0.05000000 per ten shares (tax included) for the year 2022. Reported Earnings • Apr 30
First quarter 2023 earnings released: EPS: CN¥0.013 (vs CN¥0.014 in 1Q 2022) First quarter 2023 results: EPS: CN¥0.013 (down from CN¥0.014 in 1Q 2022). Revenue: CN¥331.5m (up 3.2% from 1Q 2022). Net income: CN¥8.33m (down 19% from 1Q 2022). Profit margin: 2.5% (down from 3.2% in 1Q 2022). Reported Earnings • Oct 29
Third quarter 2022 earnings released: EPS: CN¥0.009 (vs CN¥0.01 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.009 (down from CN¥0.01 in 3Q 2021). Revenue: CN¥321.5m (down 12% from 3Q 2021). Net income: CN¥5.82m (down 12% from 3Q 2021). Profit margin: 1.8% (in line with 3Q 2021). Reported Earnings • Aug 25
Second quarter 2022 earnings released: EPS: CN¥0.057 (vs CN¥0.022 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.057. Revenue: CN¥363.6m (down 2.9% from 2Q 2021). Net income: CN¥12.0m (down 16% from 2Q 2021). Profit margin: 3.3% (down from 3.8% in 2Q 2021). The decrease in margin was driven by lower revenue. Reported Earnings • May 02
Full year 2021 earnings released: EPS: CN¥0.09 (vs CN¥0.074 in FY 2020) Full year 2021 results: EPS: CN¥0.09 (up from CN¥0.074 in FY 2020). Revenue: CN¥1.50b (down 10% from FY 2020). Net income: CN¥41.3m (up 20% from FY 2020). Profit margin: 2.8% (up from 2.1% in FY 2020). Reported Earnings • Mar 03
Full year 2021 earnings: EPS in line with expectations, revenues disappoint Full year 2021 results: EPS: CN¥0.09 (up from CN¥0.074 in FY 2020). Revenue: CN¥1.50b (down 10% from FY 2020). Net income: CN¥41.5m (up 20% from FY 2020). Profit margin: 2.8% (up from 2.1% in FY 2020). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 15%. Reported Earnings • Oct 28
Third quarter 2021 earnings released: EPS CN¥0.014 (vs CN¥0.003 in 3Q 2020) The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2021 results: Revenue: CN¥366.6m (down 31% from 3Q 2020). Net income: CN¥6.62m (up 316% from 3Q 2020). Profit margin: 1.8% (up from 0.3% in 3Q 2020). The increase in margin was driven by lower expenses. Reported Earnings • Aug 29
Second quarter 2021 earnings released: EPS CN¥0.031 (vs CN¥0.017 in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CN¥374.3m (up 25% from 2Q 2020). Net income: CN¥14.3m (up 87% from 2Q 2020). Profit margin: 3.8% (up from 2.6% in 2Q 2020). Reported Earnings • Apr 29
First quarter 2021 earnings released: EPS CN¥0.035 (vs CN¥0.006 in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: CN¥293.9m (up 61% from 1Q 2020). Net income: CN¥11.6m (up CN¥9.72m from 1Q 2020). Profit margin: 3.9% (up from 1.0% in 1Q 2020). The increase in margin was driven by higher revenue. Reported Earnings • Mar 04
Full year 2020 earnings released: EPS CN¥0.10 (vs CN¥0.08 in FY 2019) The company reported a solid full year result with improved earnings and revenues, although profit margins were weaker. Full year 2020 results: Revenue: CN¥1.67b (up 70% from FY 2019). Net income: CN¥34.2m (up 22% from FY 2019). Profit margin: 2.1% (down from 2.8% in FY 2019). The decrease in margin was driven by higher expenses. Is New 90 Day High Low • Feb 06
New 90-day low: CN¥10.17 The company is down 28% from its price of CN¥14.15 on 06 November 2020. The Chinese market is up 4.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 16% over the same period. Is New 90 Day High Low • Dec 28
New 90-day low: CN¥12.12 The company is down 16% from its price of CN¥14.41 on 30 September 2020. The Chinese market is up 6.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 14% over the same period. Is New 90 Day High Low • Dec 11
New 90-day low: CN¥13.42 The company is down 4.0% from its price of CN¥14.05 on 11 September 2020. The Chinese market is up 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 9.0% over the same period. Reported Earnings • Oct 25
Third quarter earnings released Over the last 12 months the company has reported total profits of CN¥34.0m, up 107% from the prior year. Total revenue was CN¥1.32b over the last 12 months, up 30% from the prior year.