View Financial HealthGuizhou RedStar DevelopingLtd 배당 및 자사주 매입배당 기준 점검 0/6Guizhou RedStar DevelopingLtd 은(는) 현재 수익률이 0.16% 인 배당금 지급 회사입니다.핵심 정보0.2%배당 수익률n/a자사주 매입 수익률총 주주 수익률n/a미래 배당 수익률n/a배당 성장률6.7%다음 배당 지급일n/a배당락일n/a주당 배당금n/a배당 성향15%최근 배당 및 자사주 매입 업데이트Upcoming Dividend • Sep 23Upcoming dividend of CN¥0.01 per shareEligible shareholders must have bought the stock before 30 September 2024. Payment date: 30 September 2024. Payout ratio is a comfortable 11% and this is well supported by cash flows. Trailing yield: 0.2%. Lower than top quartile of Chinese dividend payers (2.8%). Lower than average of industry peers (2.2%).Upcoming Dividend • Jun 11Upcoming dividend of CN¥0.01 per shareEligible shareholders must have bought the stock before 18 June 2024. Payment date: 18 June 2024. Payout ratio is a comfortable 7.5% and this is well supported by cash flows. Trailing yield: 0.1%. Lower than top quartile of Chinese dividend payers (2.4%). Lower than average of industry peers (2.0%).모든 업데이트 보기Recent updates공시 • Apr 25Guizhou RedStar Developing Co.,Ltd., Annual General Meeting, May 18, 2026Guizhou RedStar Developing Co.,Ltd., Annual General Meeting, May 18, 2026, at 14:30 China Standard Time. Location: The Company's Meeting Room, Anshun, Guizhou China공시 • Mar 30Guizhou RedStar Developing Co.,Ltd. to Report Q1, 2026 Results on Apr 25, 2026Guizhou RedStar Developing Co.,Ltd. announced that they will report Q1, 2026 results on Apr 25, 2026공시 • Dec 26Guizhou RedStar Developing Co.,Ltd. to Report Fiscal Year 2025 Results on Apr 25, 2026Guizhou RedStar Developing Co.,Ltd. announced that they will report fiscal year 2025 results on Apr 25, 2026공시 • Sep 30Guizhou RedStar Developing Co.,Ltd. to Report Q3, 2025 Results on Oct 25, 2025Guizhou RedStar Developing Co.,Ltd. announced that they will report Q3, 2025 results on Oct 25, 2025공시 • Jun 30Guizhou RedStar Developing Co.,Ltd. to Report First Half, 2025 Results on Aug 23, 2025Guizhou RedStar Developing Co.,Ltd. announced that they will report first half, 2025 results on Aug 23, 2025공시 • Apr 26Guizhou RedStar Developing Co.,Ltd., Annual General Meeting, May 23, 2025Guizhou RedStar Developing Co.,Ltd., Annual General Meeting, May 23, 2025, at 14:30 China Standard Time. Location: 4F, No. 8, Jiyang Road, Shibei District, Qingdao, Shandong China공시 • Mar 28Guizhou RedStar Developing Co.,Ltd. to Report Q1, 2025 Results on Apr 26, 2025Guizhou RedStar Developing Co.,Ltd. announced that they will report Q1, 2025 results on Apr 26, 2025공시 • Dec 27Guizhou RedStar Developing Co.,Ltd. to Report Fiscal Year 2024 Results on Apr 26, 2025Guizhou RedStar Developing Co.,Ltd. announced that they will report fiscal year 2024 results on Apr 26, 2025Reported Earnings • Oct 22Third quarter 2024 earnings released: EPS: CN¥0.099 (vs CN¥0.11 in 3Q 2023)Third quarter 2024 results: EPS: CN¥0.099. Revenue: CN¥569.1m (up 3.7% from 3Q 2023). Net income: CN¥33.9m (up 133% from 3Q 2023). Profit margin: 6.0% (up from 2.7% in 3Q 2023).공시 • Sep 30Guizhou RedStar Developing Co.,Ltd. to Report Q3, 2024 Results on Oct 22, 2024Guizhou RedStar Developing Co.,Ltd. announced that they will report Q3, 2024 results on Oct 22, 2024Upcoming Dividend • Sep 23Upcoming dividend of CN¥0.01 per shareEligible shareholders must have bought the stock before 30 September 2024. Payment date: 30 September 2024. Payout ratio is a comfortable 11% and this is well supported by cash flows. Trailing yield: 0.2%. Lower than top quartile of Chinese dividend payers (2.8%). Lower than average of industry peers (2.2%).New Risk • Sep 17New major risk - Financial data availabilityThe company has not reported any financial data. This is considered a major risk. With no or incomplete audited reported financial data, it is virtually impossible to assess the company's investment potential. Currently, the following risks have been identified for the company: Major Risk No financial data reported. Minor Risk Shareholders have been diluted in the past year (16% increase in shares outstanding).Buy Or Sell Opportunity • Jul 26Now 23% overvaluedOver the last 90 days, the stock has fallen 13% to CN¥9.60. The fair value is estimated to be CN¥7.82, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 6.8% over the last 3 years. Earnings per share has declined by 39%.공시 • Jun 28Guizhou RedStar Developing Co.,Ltd. to Report First Half, 2024 Results on Aug 28, 2024Guizhou RedStar Developing Co.,Ltd. announced that they will report first half, 2024 results on Aug 28, 2024New Risk • Jun 21New 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 8.4% 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 (8.4% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.8% net profit margin). Shareholders have been diluted in the past year (16% increase in shares outstanding).Upcoming Dividend • Jun 11Upcoming dividend of CN¥0.01 per shareEligible shareholders must have bought the stock before 18 June 2024. Payment date: 18 June 2024. Payout ratio is a comfortable 7.5% and this is well supported by cash flows. Trailing yield: 0.1%. Lower than top quartile of Chinese dividend payers (2.4%). Lower than average of industry peers (2.0%).공시 • Apr 27Guizhou RedStar Developing Co.,Ltd., Annual General Meeting, May 22, 2024Guizhou RedStar Developing Co.,Ltd., Annual General Meeting, May 22, 2024, at 14:30 China Standard Time. Location: 4F, No. 8, Jiyang Road, Shibei District, Qingdao, Shandong ChinaReported Earnings • Apr 26First quarter 2024 earnings released: EPS: CN¥0.02 (vs CN¥0.02 loss in 1Q 2023)First quarter 2024 results: EPS: CN¥0.02 (up from CN¥0.02 loss in 1Q 2023). Revenue: CN¥492.6m (up 2.6% from 1Q 2023). Net income: CN¥6.34m (up CN¥12.8m from 1Q 2023). Profit margin: 1.3% (up from net loss in 1Q 2023).공시 • Mar 30Guizhou RedStar Developing Co.,Ltd. to Report Q1, 2024 Results on Apr 26, 2024Guizhou RedStar Developing Co.,Ltd. announced that they will report Q1, 2024 results on Apr 26, 2024공시 • Dec 29Guizhou RedStar Developing Co.,Ltd. to Report Fiscal Year 2023 Results on Apr 26, 2024Guizhou RedStar Developing Co.,Ltd. announced that they will report fiscal year 2023 results on Apr 26, 2024Reported Earnings • Nov 01Third quarter 2023 earnings released: EPS: CN¥0.11 (vs CN¥0.091 in 3Q 2022)Third quarter 2023 results: EPS: CN¥0.11. Revenue: CN¥548.9m (down 14% from 3Q 2022). Net income: CN¥14.6m (down 45% from 3Q 2022). Profit margin: 2.7% (down from 4.1% in 3Q 2022). The decrease in margin was driven by lower revenue.Buying Opportunity • Oct 27Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 8.5%. The fair value is estimated to be CN¥16.25, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 28% over the last 3 years. Earnings per share has grown by 35%.Buying Opportunity • Sep 26Now 21% undervaluedThe stock has been flat over the last 90 days. The fair value is estimated to be CN¥16.69, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 28% over the last 3 years. Earnings per share has grown by 35%.Reported Earnings • Aug 28Second quarter 2023 earnings released: EPS: CN¥0.022 (vs CN¥0.38 in 2Q 2022)Second quarter 2023 results: EPS: CN¥0.022 (down from CN¥0.38 in 2Q 2022). Revenue: CN¥539.0m (down 12% from 2Q 2022). Net income: CN¥10.4m (down 91% from 2Q 2022). Profit margin: 1.9% (down from 18% in 2Q 2022).New Risk • Aug 28New minor risk - Earnings qualityThe 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: Minor Risks Dividend is not well covered by earnings (158% payout ratio). Share price has been volatile over the past 3 months (7.7% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.7% net profit margin).Valuation Update With 7 Day Price Move • Jul 03Investor sentiment improves as stock rises 20%After last week's 20% share price gain to CN¥15.87, the stock trades at a trailing P/E ratio of 39.6x. Average trailing P/E is 29x in the Chemicals industry in China.New Risk • Jun 25New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 6.8% 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 Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (6.8% average weekly change). Profit margins are more than 30% lower than last year (4.5% net profit margin).Valuation Update With 7 Day Price Move • Jun 08Investor sentiment improves as stock rises 15%After last week's 15% share price gain to CN¥14.64, the stock trades at a trailing P/E ratio of 36.5x. Average trailing P/E is 28x in the Chemicals industry in China.Reported Earnings • Apr 22Full year 2022 earnings released: EPS: CN¥0.74 (vs CN¥0.90 in FY 2021)Full year 2022 results: EPS: CN¥0.74 (down from CN¥0.90 in FY 2021). Revenue: CN¥2.85b (up 30% from FY 2021). Net income: CN¥214.9m (down 18% from FY 2021). Profit margin: 7.5% (down from 12% in FY 2021). The decrease in margin was driven by higher expenses.Board Change • Mar 21Less than half of directors are independentFollowing the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 4 non-independent directors. Independent Director Yongmei Zhang was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.지급의 안정성과 성장배당 데이터 가져오는 중안정적인 배당: 600367 CN 시장에서 주목할만한 배당금을 지급하지 않으므로 지급이 안정적인지 확인할 필요가 없습니다.배당금 증가: 600367 CN 시장에서 주목할만한 배당금을 지급하지 않으므로 지급액이 증가하는지 확인할 필요가 없습니다.배당 수익률 vs 시장Guizhou RedStar DevelopingLtd 배당 수익률 vs 시장600367의 배당 수익률은 시장과 어떻게 비교되나요?구분배당 수익률회사 (600367)0.2%시장 하위 25% (CN)0.4%시장 상위 25% (CN)1.9%업계 평균 (Chemicals)1.2%분석가 예측 (600367) (최대 3년)n/a주목할만한 배당금: 600367 의 배당금( 0.16% )은 CN 시장에서 배당금 지급자의 하위 25%( 0.37% )와 비교해 주목할 만하지 않습니다.고배당: 600367 의 배당금( 0.16% )은 CN 시장에서 배당금 지급자의 상위 25%( 1.9% )와 비교해 낮습니다.주주 대상 이익 배당수익 보장: 600367 CN 시장에서 주목할만한 배당금을 지급하지 않습니다.주주 현금 배당현금 흐름 범위: 600367 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 분석2026/05/17 12:46종가2026/05/15 00:00수익2026/03/31연간 수익2025/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Guizhou RedStar Developing Co.,Ltd.는 0명의 분석가가 다루고 있습니다. 이 중 0명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.
Upcoming Dividend • Sep 23Upcoming dividend of CN¥0.01 per shareEligible shareholders must have bought the stock before 30 September 2024. Payment date: 30 September 2024. Payout ratio is a comfortable 11% and this is well supported by cash flows. Trailing yield: 0.2%. Lower than top quartile of Chinese dividend payers (2.8%). Lower than average of industry peers (2.2%).
Upcoming Dividend • Jun 11Upcoming dividend of CN¥0.01 per shareEligible shareholders must have bought the stock before 18 June 2024. Payment date: 18 June 2024. Payout ratio is a comfortable 7.5% and this is well supported by cash flows. Trailing yield: 0.1%. Lower than top quartile of Chinese dividend payers (2.4%). Lower than average of industry peers (2.0%).
공시 • Apr 25Guizhou RedStar Developing Co.,Ltd., Annual General Meeting, May 18, 2026Guizhou RedStar Developing Co.,Ltd., Annual General Meeting, May 18, 2026, at 14:30 China Standard Time. Location: The Company's Meeting Room, Anshun, Guizhou China
공시 • Mar 30Guizhou RedStar Developing Co.,Ltd. to Report Q1, 2026 Results on Apr 25, 2026Guizhou RedStar Developing Co.,Ltd. announced that they will report Q1, 2026 results on Apr 25, 2026
공시 • Dec 26Guizhou RedStar Developing Co.,Ltd. to Report Fiscal Year 2025 Results on Apr 25, 2026Guizhou RedStar Developing Co.,Ltd. announced that they will report fiscal year 2025 results on Apr 25, 2026
공시 • Sep 30Guizhou RedStar Developing Co.,Ltd. to Report Q3, 2025 Results on Oct 25, 2025Guizhou RedStar Developing Co.,Ltd. announced that they will report Q3, 2025 results on Oct 25, 2025
공시 • Jun 30Guizhou RedStar Developing Co.,Ltd. to Report First Half, 2025 Results on Aug 23, 2025Guizhou RedStar Developing Co.,Ltd. announced that they will report first half, 2025 results on Aug 23, 2025
공시 • Apr 26Guizhou RedStar Developing Co.,Ltd., Annual General Meeting, May 23, 2025Guizhou RedStar Developing Co.,Ltd., Annual General Meeting, May 23, 2025, at 14:30 China Standard Time. Location: 4F, No. 8, Jiyang Road, Shibei District, Qingdao, Shandong China
공시 • Mar 28Guizhou RedStar Developing Co.,Ltd. to Report Q1, 2025 Results on Apr 26, 2025Guizhou RedStar Developing Co.,Ltd. announced that they will report Q1, 2025 results on Apr 26, 2025
공시 • Dec 27Guizhou RedStar Developing Co.,Ltd. to Report Fiscal Year 2024 Results on Apr 26, 2025Guizhou RedStar Developing Co.,Ltd. announced that they will report fiscal year 2024 results on Apr 26, 2025
Reported Earnings • Oct 22Third quarter 2024 earnings released: EPS: CN¥0.099 (vs CN¥0.11 in 3Q 2023)Third quarter 2024 results: EPS: CN¥0.099. Revenue: CN¥569.1m (up 3.7% from 3Q 2023). Net income: CN¥33.9m (up 133% from 3Q 2023). Profit margin: 6.0% (up from 2.7% in 3Q 2023).
공시 • Sep 30Guizhou RedStar Developing Co.,Ltd. to Report Q3, 2024 Results on Oct 22, 2024Guizhou RedStar Developing Co.,Ltd. announced that they will report Q3, 2024 results on Oct 22, 2024
Upcoming Dividend • Sep 23Upcoming dividend of CN¥0.01 per shareEligible shareholders must have bought the stock before 30 September 2024. Payment date: 30 September 2024. Payout ratio is a comfortable 11% and this is well supported by cash flows. Trailing yield: 0.2%. Lower than top quartile of Chinese dividend payers (2.8%). Lower than average of industry peers (2.2%).
New Risk • Sep 17New major risk - Financial data availabilityThe company has not reported any financial data. This is considered a major risk. With no or incomplete audited reported financial data, it is virtually impossible to assess the company's investment potential. Currently, the following risks have been identified for the company: Major Risk No financial data reported. Minor Risk Shareholders have been diluted in the past year (16% increase in shares outstanding).
Buy Or Sell Opportunity • Jul 26Now 23% overvaluedOver the last 90 days, the stock has fallen 13% to CN¥9.60. The fair value is estimated to be CN¥7.82, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 6.8% over the last 3 years. Earnings per share has declined by 39%.
공시 • Jun 28Guizhou RedStar Developing Co.,Ltd. to Report First Half, 2024 Results on Aug 28, 2024Guizhou RedStar Developing Co.,Ltd. announced that they will report first half, 2024 results on Aug 28, 2024
New Risk • Jun 21New 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 8.4% 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 (8.4% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.8% net profit margin). Shareholders have been diluted in the past year (16% increase in shares outstanding).
Upcoming Dividend • Jun 11Upcoming dividend of CN¥0.01 per shareEligible shareholders must have bought the stock before 18 June 2024. Payment date: 18 June 2024. Payout ratio is a comfortable 7.5% and this is well supported by cash flows. Trailing yield: 0.1%. Lower than top quartile of Chinese dividend payers (2.4%). Lower than average of industry peers (2.0%).
공시 • Apr 27Guizhou RedStar Developing Co.,Ltd., Annual General Meeting, May 22, 2024Guizhou RedStar Developing Co.,Ltd., Annual General Meeting, May 22, 2024, at 14:30 China Standard Time. Location: 4F, No. 8, Jiyang Road, Shibei District, Qingdao, Shandong China
Reported Earnings • Apr 26First quarter 2024 earnings released: EPS: CN¥0.02 (vs CN¥0.02 loss in 1Q 2023)First quarter 2024 results: EPS: CN¥0.02 (up from CN¥0.02 loss in 1Q 2023). Revenue: CN¥492.6m (up 2.6% from 1Q 2023). Net income: CN¥6.34m (up CN¥12.8m from 1Q 2023). Profit margin: 1.3% (up from net loss in 1Q 2023).
공시 • Mar 30Guizhou RedStar Developing Co.,Ltd. to Report Q1, 2024 Results on Apr 26, 2024Guizhou RedStar Developing Co.,Ltd. announced that they will report Q1, 2024 results on Apr 26, 2024
공시 • Dec 29Guizhou RedStar Developing Co.,Ltd. to Report Fiscal Year 2023 Results on Apr 26, 2024Guizhou RedStar Developing Co.,Ltd. announced that they will report fiscal year 2023 results on Apr 26, 2024
Reported Earnings • Nov 01Third quarter 2023 earnings released: EPS: CN¥0.11 (vs CN¥0.091 in 3Q 2022)Third quarter 2023 results: EPS: CN¥0.11. Revenue: CN¥548.9m (down 14% from 3Q 2022). Net income: CN¥14.6m (down 45% from 3Q 2022). Profit margin: 2.7% (down from 4.1% in 3Q 2022). The decrease in margin was driven by lower revenue.
Buying Opportunity • Oct 27Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 8.5%. The fair value is estimated to be CN¥16.25, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 28% over the last 3 years. Earnings per share has grown by 35%.
Buying Opportunity • Sep 26Now 21% undervaluedThe stock has been flat over the last 90 days. The fair value is estimated to be CN¥16.69, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 28% over the last 3 years. Earnings per share has grown by 35%.
Reported Earnings • Aug 28Second quarter 2023 earnings released: EPS: CN¥0.022 (vs CN¥0.38 in 2Q 2022)Second quarter 2023 results: EPS: CN¥0.022 (down from CN¥0.38 in 2Q 2022). Revenue: CN¥539.0m (down 12% from 2Q 2022). Net income: CN¥10.4m (down 91% from 2Q 2022). Profit margin: 1.9% (down from 18% in 2Q 2022).
New Risk • Aug 28New minor risk - Earnings qualityThe 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: Minor Risks Dividend is not well covered by earnings (158% payout ratio). Share price has been volatile over the past 3 months (7.7% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.7% net profit margin).
Valuation Update With 7 Day Price Move • Jul 03Investor sentiment improves as stock rises 20%After last week's 20% share price gain to CN¥15.87, the stock trades at a trailing P/E ratio of 39.6x. Average trailing P/E is 29x in the Chemicals industry in China.
New Risk • Jun 25New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 6.8% 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 Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (6.8% average weekly change). Profit margins are more than 30% lower than last year (4.5% net profit margin).
Valuation Update With 7 Day Price Move • Jun 08Investor sentiment improves as stock rises 15%After last week's 15% share price gain to CN¥14.64, the stock trades at a trailing P/E ratio of 36.5x. Average trailing P/E is 28x in the Chemicals industry in China.
Reported Earnings • Apr 22Full year 2022 earnings released: EPS: CN¥0.74 (vs CN¥0.90 in FY 2021)Full year 2022 results: EPS: CN¥0.74 (down from CN¥0.90 in FY 2021). Revenue: CN¥2.85b (up 30% from FY 2021). Net income: CN¥214.9m (down 18% from FY 2021). Profit margin: 7.5% (down from 12% in FY 2021). The decrease in margin was driven by higher expenses.
Board Change • Mar 21Less than half of directors are independentFollowing the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 4 non-independent directors. Independent Director Yongmei Zhang was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.