Valuation Update With 7 Day Price Move • May 20
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to CN¥10.28, the stock trades at a trailing P/E ratio of 62x. Average trailing P/E is 39x in the Metals and Mining industry in China. Total returns to shareholders of 237% over the past three years. Board Change • May 20
High number of new and inexperienced directors There are 11 new directors who have joined the board in the last 3 years. The company's board is composed of: 11 new directors. 1 experienced director. No highly experienced directors. Non-Independent Director Qi Rong is the most experienced director on the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. 공시 • Apr 10
Hunan Silver Co.,Ltd., Annual General Meeting, May 08, 2026 Hunan Silver Co.,Ltd., Annual General Meeting, May 08, 2026, at 14:50 China Standard Time. Location: No. 1, Fucheng Avenue, Bailutang Town, Suxian District, Chenzhou, Hunan China 공시 • Mar 31
Hunan Silver Co.,Ltd. to Report Q1, 2026 Results on Apr 28, 2026 Hunan Silver Co.,Ltd. announced that they will report Q1, 2026 results on Apr 28, 2026 공시 • Dec 31
Hunan Silver Co.,Ltd. to Report Fiscal Year 2025 Results on Apr 18, 2026 Hunan Silver Co.,Ltd. announced that they will report fiscal year 2025 results on Apr 18, 2026 공시 • Sep 30
Hunan Silver Co.,Ltd. to Report Q3, 2025 Results on Oct 31, 2025 Hunan Silver Co.,Ltd. announced that they will report Q3, 2025 results on Oct 31, 2025 공시 • Jul 02
Hunan Silver Co.,Ltd. to Report First Half, 2025 Results on Aug 27, 2025 Hunan Silver Co.,Ltd. announced that they will report first half, 2025 results on Aug 27, 2025 공시 • Apr 10
Hunan Silver Co.,Ltd., Annual General Meeting, May 09, 2025 Hunan Silver Co.,Ltd., Annual General Meeting, May 09, 2025, at 14:50 China Standard Time. Location: No. 1, Fucheng Avenue, Bailutang Town, Suxian District, Chenzhou, Hunan China 공시 • Mar 31
Hunan Silver Co.,Ltd. to Report Q1, 2025 Results on Apr 29, 2025 Hunan Silver Co.,Ltd. announced that they will report Q1, 2025 results on Apr 29, 2025 공시 • Dec 31
Hunan Silver Co.,Ltd. to Report Fiscal Year 2024 Results on Apr 10, 2025 Hunan Silver Co.,Ltd. announced that they will report fiscal year 2024 results on Apr 10, 2025 Reported Earnings • Oct 25
Third quarter 2024 earnings released: EPS: CN¥0.023 (vs CN¥0.005 loss in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.023 (up from CN¥0.005 loss in 3Q 2023). Revenue: CN¥2.05b (up 38% from 3Q 2023). Net income: CN¥65.3m (up CN¥76.4m from 3Q 2023). Profit margin: 3.2% (up from net loss in 3Q 2023). The move to profitability was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 128 percentage points per year, which is a significant difference in performance. 공시 • Sep 30
Hunan Silver Co.,Ltd. to Report Q3, 2024 Results on Oct 28, 2024 Hunan Silver Co.,Ltd. announced that they will report Q3, 2024 results on Oct 28, 2024 Board Change • Sep 05
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. 3 experienced directors. No highly experienced directors. Independent Director Xingshu Liu is the most experienced director on the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Reported Earnings • Aug 28
Second quarter 2024 earnings released: EPS: CN¥0.022 (vs CN¥0.001 loss in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.022 (up from CN¥0.001 loss in 2Q 2023). Revenue: CN¥1.75b (up 95% from 2Q 2023). Net income: CN¥53.4m (up CN¥56.3m from 2Q 2023). Profit margin: 3.0% (up from net loss in 2Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 125 percentage points per year, which is a significant difference in performance. 공시 • Jun 29
Hunan Silver Co.,Ltd. to Report First Half, 2024 Results on Aug 28, 2024 Hunan Silver Co.,Ltd. announced that they will report first half, 2024 results on Aug 28, 2024 공시 • Apr 28
Hunan Silver Co.,Ltd., Annual General Meeting, May 16, 2024 Hunan Silver Co.,Ltd., Annual General Meeting, May 16, 2024, at 14:50 China Standard Time. Location: 11F, No. 1, Fucheng Avenue, Bailutang Town, Suxian District, Chenzhou, Hunan China Agenda: To 2023 work report of the board of directors; to 2023 work report of the supervisory committee; to 2023 annual report and its summary; to 2023 annual accounts report; to 2024 financial budget; to 2024 investment plan; to 2023 profit distribution plan; to 2024 application for comprehensive credit line to banks; to Launching commodity futures hedging business in 2024; and to consider other matters. Reported Earnings • Apr 27
First quarter 2024 earnings released: EPS: CN¥0.002 (vs CN¥0.002 loss in 1Q 2023) First quarter 2024 results: EPS: CN¥0.002 (up from CN¥0.002 loss in 1Q 2023). Revenue: CN¥1.59b (up 45% from 1Q 2023). Net income: CN¥4.70m (up CN¥9.79m from 1Q 2023). Profit margin: 0.3% (up from net loss in 1Q 2023). The move to profitability was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 135 percentage points per year, which is a significant difference in performance. Buy Or Sell Opportunity • Apr 22
Now 21% undervalued Over the last 90 days, the stock has risen 38% to CN¥3.36. The fair value is estimated to be CN¥4.27, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 47% over the last 3 years. Earnings per share has grown by 15%. 공시 • Mar 30
Chenzhou City Jingui Silver Industry Co., Ltd. to Report Q1, 2024 Results on Apr 26, 2024 Chenzhou City Jingui Silver Industry Co., Ltd. announced that they will report Q1, 2024 results on Apr 26, 2024 New Risk • Mar 01
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 22% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. This is currently the only risk that has been identified for the company. 공시 • Dec 29
Chenzhou City Jingui Silver Industry Co., Ltd. to Report Fiscal Year 2023 Results on Apr 26, 2024 Chenzhou City Jingui Silver Industry Co., Ltd. announced that they will report fiscal year 2023 results on Apr 26, 2024 Reported Earnings • Nov 01
Third quarter 2023 earnings released: CN¥0.005 loss per share (vs CN¥0.03 loss in 3Q 2022) Third quarter 2023 results: CN¥0.005 loss per share (improved from CN¥0.03 loss in 3Q 2022). Revenue: CN¥1.49b (up 121% from 3Q 2022). Net loss: CN¥11.1m (loss narrowed 83% from 3Q 2022). Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. Reported Earnings • Aug 24
Second quarter 2023 earnings released: CN¥0.001 loss per share (vs CN¥0.009 loss in 2Q 2022) Second quarter 2023 results: CN¥0.001 loss per share (improved from CN¥0.009 loss in 2Q 2022). Revenue: CN¥900.1m (up 46% from 2Q 2022). Net loss: CN¥2.88m (loss narrowed 86% from 2Q 2022). Over the last 3 years on average, earnings per share has increased by 69% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth. Buying Opportunity • Jun 20
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 14%. The fair value is estimated to be CN¥3.55, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Meanwhile, the company became loss making. Buying Opportunity • May 25
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 7.6%. The fair value is estimated to be CN¥3.67, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Meanwhile, the company became loss making. Reported Earnings • Apr 20
Full year 2022 earnings released: CN¥0.08 loss per share (vs CN¥0.007 profit in FY 2021) Full year 2022 results: CN¥0.08 loss per share (down from CN¥0.007 profit in FY 2021). Revenue: CN¥3.39b (up 71% from FY 2021). Net loss: CN¥167.0m (down CN¥182.0m from profit in FY 2021). Over the last 3 years on average, earnings per share has increased by 100% per year but the company’s share price has only increased by 31% per year, which means it is significantly lagging earnings growth. Board Change • Nov 16
High number of new and inexperienced directors There are 12 new directors who have joined the board in the last 3 years. The company's board is composed of: 12 new directors. No experienced directors. No highly experienced directors. Supervisor Jianxin Fu is the most experienced director on the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Reported Earnings • Oct 31
Third quarter 2022 earnings released: CN¥0.03 loss per share (vs CN¥0.016 profit in 3Q 2021) Third quarter 2022 results: CN¥0.03 loss per share (down from CN¥0.016 profit in 3Q 2021). Revenue: CN¥671.8m (down 2.6% from 3Q 2021). Net loss: CN¥66.7m (down 296% from profit in 3Q 2021). Over the last 3 years on average, earnings per share has increased by 99% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth. Board Change • Oct 25
High number of new and inexperienced directors There are 12 new directors who have joined the board in the last 3 years. The company's board is composed of: 12 new directors. No experienced directors. No highly experienced directors. Supervisor Jianxin Fu is the most experienced director on the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Reported Earnings • Aug 29
Second quarter 2022 earnings released: CN¥0.009 loss per share (vs CN¥0.014 profit in 2Q 2021) Second quarter 2022 results: CN¥0.009 loss per share (down from CN¥0.014 profit in 2Q 2021). Revenue: CN¥616.6m (up 45% from 2Q 2021). Net loss: CN¥20.5m (down 166% from profit in 2Q 2021). Over the last 3 years on average, earnings per share has increased by 83% per year but the company’s share price has fallen by 26% per year, which means it is significantly lagging earnings. Board Change • Apr 27
High number of new and inexperienced directors There are 9 new directors who have joined the board in the last 3 years. The company's board is composed of: 9 new directors. 3 experienced directors. No highly experienced directors. Independent Director Xingshu Liu is the most experienced director on the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Valuation Update With 7 Day Price Move • Mar 16
Investor sentiment deteriorated over the past week After last week's 15% share price decline to CN¥2.90, the stock trades at a trailing P/E ratio of 2.7x. Average trailing P/E is 25x in the Metals and Mining industry in China. Total loss to shareholders of 63% over the past three years. Valuation Update With 7 Day Price Move • Feb 25
Investor sentiment improved over the past week After last week's 21% share price gain to CN¥3.74, the stock trades at a trailing P/E ratio of 3.5x. Average trailing P/E is 30x in the Metals and Mining industry in China. Total loss to shareholders of 52% over the past three years. Reported Earnings • Oct 31
Third quarter 2021 earnings released: EPS CN¥0.016 (vs CN¥0.87 loss in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: CN¥690.1m (up 34% from 3Q 2020). Net income: CN¥34.0m (up CN¥867.8m from 3Q 2020). Profit margin: 4.9% (up from net loss in 3Q 2020). Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has fallen by 21% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Sep 11
Investor sentiment improved over the past week After last week's 18% share price gain to CN¥4.48, the stock trades at a trailing P/E ratio of 6.6x. Average trailing P/E is 35x in the Metals and Mining industry in China. Total loss to shareholders of 31% over the past three years. Reported Earnings • Aug 30
Second quarter 2021 earnings released: EPS CN¥0.014 (vs CN¥0.84 loss in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CN¥424.7m (up 21% from 2Q 2020). Net income: CN¥31.1m (up CN¥835.7m from 2Q 2020). Profit margin: 7.3% (up from net loss in 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 21% per year and the company’s share price has also fallen by 21% per year. Valuation Update With 7 Day Price Move • Aug 14
Investor sentiment improved over the past week After last week's 16% share price gain to CN¥3.99, the stock trades at a trailing P/E ratio of 13.2x. Average trailing P/E is 31x in the Metals and Mining industry in China. Total returns to shareholders of 156% over the past year. Valuation Update With 7 Day Price Move • Jul 01
Investor sentiment improved over the past week After last week's 17% share price gain to CN¥3.98, the stock trades at a trailing P/E ratio of 13.1x. Average trailing P/E is 28x in the Metals and Mining industry in China. Total returns to shareholders of 184% over the past year. Valuation Update With 7 Day Price Move • May 12
Investor sentiment improved over the past week After last week's 16% share price gain to CN¥2.91, the stock trades at a trailing P/E ratio of 9.2x. Average trailing P/E is 28x in the Metals and Mining industry in China. Total loss to shareholders of 70% over the past three years. Reported Earnings • Apr 17
Full year 2020 earnings released: EPS CN¥0.10 (vs CN¥4.53 loss in FY 2019) The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: CN¥1.21b (down 81% from FY 2019). Net income: CN¥216.3m (up CN¥4.57b from FY 2019). Profit margin: 18% (up from net loss in FY 2019). The move to profitability was driven by lower expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 57 percentage points per year, which is a significant difference in performance. Is New 90 Day High Low • Dec 05
New 90-day high: CN¥2.64 The company is up 25% from its price of CN¥2.12 on 04 September 2020. The Chinese market is flat over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 6.0% over the same period. Reported Earnings • Nov 03
Third quarter 2020 earnings released: CN¥0.86 loss per share The company reported a soft third quarter result with weaker revenues and control over expenses, though losses reduced. Third quarter 2020 results: Revenue: CN¥516.6m (down 62% from 3Q 2019). Net loss: CN¥833.8m (loss narrowed 46% from 3Q 2019). Over the last 3 years on average, earnings per share has fallen by 123% per year but the company’s share price has only fallen by 41% per year, which means it has not declined as severely as earnings. Is New 90 Day High Low • Oct 16
New 90-day high: CN¥2.19 The company is up 61% from its price of CN¥1.36 on 17 July 2020. The Chinese market is up 4.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is flat over the same period.