New Risk • Jul 15
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 9.4% 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: Major Risks Debt is not well covered by operating cash flow (6.8% operating cash flow to total debt). Earnings have declined by 46% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (9.4% average weekly change). 공고 • Jun 30
Guizhou Wire Rope Incorporated Company to Report First Half, 2026 Results on Aug 26, 2026 Guizhou Wire Rope Incorporated Company announced that they will report first half, 2026 results on Aug 26, 2026 Board Change • May 20
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 10 experienced directors. 1 highly experienced director. 3 independent directors (5 non-independent directors). Independent Director Rong Song was the last independent director to join the board, commencing their role in 2016. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. 공고 • Apr 25
Guizhou Wire Rope Incorporated Company, Annual General Meeting, May 22, 2026 Guizhou Wire Rope Incorporated Company, Annual General Meeting, May 22, 2026, at 10:30 China Standard Time. Location: The Company's Meeting Room, Zunyi, Guizhou China 공고 • Mar 30
Guizhou Wire Rope Incorporated Company to Report Q1, 2026 Results on Apr 30, 2026 Guizhou Wire Rope Incorporated Company announced that they will report Q1, 2026 results on Apr 30, 2026 공고 • Dec 26
Guizhou Wire Rope Incorporated Company to Report Fiscal Year 2025 Results on Mar 28, 2026 Guizhou Wire Rope Incorporated Company announced that they will report fiscal year 2025 results on Mar 28, 2026 공고 • Sep 30
Guizhou Wire Rope Incorporated Company to Report Q3, 2025 Results on Oct 31, 2025 Guizhou Wire Rope Incorporated Company announced that they will report Q3, 2025 results on Oct 31, 2025 공고 • Jun 30
Guizhou Wire Rope Incorporated Company to Report First Half, 2025 Results on Aug 30, 2025 Guizhou Wire Rope Incorporated Company announced that they will report first half, 2025 results on Aug 30, 2025 공고 • Mar 29
Guizhou Wire Rope Incorporated Company, Annual General Meeting, Apr 23, 2025 Guizhou Wire Rope Incorporated Company, Annual General Meeting, Apr 23, 2025, at 10:30 China Standard Time. Location: The Company's Meeting Room, Zunyi, Guizhou China 공고 • Mar 28
Guizhou Wire Rope Incorporated Company to Report Q1, 2025 Results on Apr 30, 2025 Guizhou Wire Rope Incorporated Company announced that they will report Q1, 2025 results on Apr 30, 2025 공고 • Dec 27
Guizhou Wire Rope Incorporated Company to Report Fiscal Year 2024 Results on Mar 29, 2025 Guizhou Wire Rope Incorporated Company announced that they will report fiscal year 2024 results on Mar 29, 2025 New Risk • Nov 14
New major risk - Financial position The company's debt is not well covered by operating cash flow. Currently running at an operating cash loss. This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Earnings have declined by 6.0% per year over the past 5 years. New Risk • Oct 31
New major risk - Revenue and earnings growth Earnings have declined by 6.0% 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. This is currently the only risk that has been identified for the company. 공고 • Sep 30
Guizhou Wire Rope Incorporated Company to Report Q3, 2024 Results on Oct 30, 2024 Guizhou Wire Rope Incorporated Company announced that they will report Q3, 2024 results on Oct 30, 2024 Reported Earnings • Aug 31
Second quarter 2024 earnings released: EPS: CN¥0.008 (vs CN¥0.017 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.008 (down from CN¥0.017 in 2Q 2023). Revenue: CN¥563.0m (up 5.1% from 2Q 2023). Net income: CN¥1.97m (down 52% from 2Q 2023). Profit margin: 0.4% (down from 0.8% in 2Q 2023). The decrease in margin was driven by higher expenses. 공고 • Jun 28
Guizhou Wire Rope Incorporated Company to Report First Half, 2024 Results on Aug 31, 2024 Guizhou Wire Rope Incorporated Company announced that they will report first half, 2024 results on Aug 31, 2024 New Risk • Jun 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 8.5% 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. This is currently the only risk that has been identified for the company. Reported Earnings • Apr 30
First quarter 2024 earnings released: EPS: CN¥0.029 (vs CN¥0.032 in 1Q 2023) First quarter 2024 results: EPS: CN¥0.029 (down from CN¥0.032 in 1Q 2023). Revenue: CN¥472.6m (up 10% from 1Q 2023). Net income: CN¥7.14m (down 9.9% from 1Q 2023). Profit margin: 1.5% (down from 1.8% in 1Q 2023). The decrease in margin was driven by higher expenses. Reported Earnings • Mar 31
Full year 2023 earnings released: EPS: CN¥0.14 (vs CN¥0.094 in FY 2022) Full year 2023 results: EPS: CN¥0.14 (up from CN¥0.094 in FY 2022). Revenue: CN¥2.19b (down 8.3% from FY 2022). Net income: CN¥33.9m (up 47% from FY 2022). Profit margin: 1.5% (up from 1.0% in FY 2022). The increase in margin was driven by lower expenses. 공고 • Mar 30
Guizhou Wire Rope Incorporated Company, Annual General Meeting, Apr 29, 2024 Guizhou Wire Rope Incorporated Company, Annual General Meeting, Apr 29, 2024, at 10:30 China Standard Time. Location: The Company's Meeting Room, Zunyi, Guizhou China 공고 • Mar 29
Guizhou Wire Rope Incorporated Company to Report Q1, 2024 Results on Apr 30, 2024 Guizhou Wire Rope Incorporated Company announced that they will report Q1, 2024 results on Apr 30, 2024 Valuation Update With 7 Day Price Move • Feb 05
Investor sentiment deteriorates as stock falls 21% After last week's 21% share price decline to CN¥10.69, the stock trades at a trailing P/E ratio of 75.1x. Average trailing P/E is 23x in the Metals and Mining industry in China. New Risk • Jan 31
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 6.4% 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: Major Risk Debt is not well covered by operating cash flow (0.7% operating cash flow to total debt). Minor Risk Share price has been volatile over the past 3 months (6.4% average weekly change). 공고 • Dec 30
Guizhou Wire Rope Incorporated Company to Report Fiscal Year 2023 Results on Mar 30, 2024 Guizhou Wire Rope Incorporated Company announced that they will report fiscal year 2023 results on Mar 30, 2024 New Risk • Nov 02
New major risk - Financial position The company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 0.7% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. This is currently the only risk that has been identified for the company. Reported Earnings • Oct 29
Third quarter 2023 earnings released: EPS: CN¥0.044 (vs CN¥0.011 in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.044 (up from CN¥0.011 in 3Q 2022). Revenue: CN¥551.9m (up 3.0% from 3Q 2022). Net income: CN¥10.8m (up 310% from 3Q 2022). Profit margin: 2.0% (up from 0.5% in 3Q 2022). The increase in margin was driven by higher revenue. Reported Earnings • Aug 30
Second quarter 2023 earnings released: EPS: CN¥0.017 (vs CN¥0.014 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.017 (up from CN¥0.014 in 2Q 2022). Revenue: CN¥535.7m (down 21% from 2Q 2022). Net income: CN¥4.09m (up 21% from 2Q 2022). Profit margin: 0.8% (up from 0.5% in 2Q 2022). 공고 • Jun 28
Guizhou Wire Rope Incorporated Company to Report First Half, 2023 Results on Aug 30, 2023 Guizhou Wire Rope Incorporated Company announced that they will report first half, 2023 results on Aug 30, 2023 Reported Earnings • Mar 29
Full year 2022 earnings released: EPS: CN¥0.094 (vs CN¥0.13 in FY 2021) Full year 2022 results: EPS: CN¥0.094 (down from CN¥0.13 in FY 2021). Revenue: CN¥2.39b (down 5.6% from FY 2021). Net income: CN¥23.1m (down 26% from FY 2021). Profit margin: 1.0% (down from 1.2% in FY 2021). Board Change • Mar 14
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 8 experienced directors. No highly experienced directors. 2 independent directors (4 non-independent directors). Independent Director Qiao Liu was the last independent director to join the board, commencing their role in 2016. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.