Board Change • May 20
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. 10 experienced directors. No highly experienced directors. 3 independent directors (4 non-independent directors). Independent Director Xiang Yang Wu was the last independent 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: Minority of independent directors. Insufficient board refreshment. 공시 • Mar 30
Cathay Biotech Inc. to Report Q1, 2026 Results on Apr 30, 2026 Cathay Biotech Inc. announced that they will report Q1, 2026 results on Apr 30, 2026 공시 • Dec 26
Cathay Biotech Inc. to Report Fiscal Year 2025 Results on Apr 24, 2026 Cathay Biotech Inc. announced that they will report fiscal year 2025 results on Apr 24, 2026 공시 • Sep 30
Cathay Biotech Inc. to Report Q3, 2025 Results on Oct 31, 2025 Cathay Biotech Inc. announced that they will report Q3, 2025 results on Oct 31, 2025 공시 • Jun 30
Cathay Biotech Inc. to Report First Half, 2025 Results on Aug 16, 2025 Cathay Biotech Inc. announced that they will report first half, 2025 results on Aug 16, 2025 공시 • Jun 04
Cathay Biotech Inc., Annual General Meeting, Jun 27, 2025 Cathay Biotech Inc., Annual General Meeting, Jun 27, 2025, at 14:00 China Standard Time. Location: 9F, No. 11, Lane 396, Lvzhou Ring Road, Minhang District, Shanghai China 공시 • Mar 28
Cathay Biotech Inc. to Report Q1, 2025 Results on Apr 30, 2025 Cathay Biotech Inc. announced that they will report Q1, 2025 results on Apr 30, 2025 공시 • Dec 27
Cathay Biotech Inc. to Report Fiscal Year 2024 Results on Apr 03, 2025 Cathay Biotech Inc. announced that they will report fiscal year 2024 results on Apr 03, 2025 Reported Earnings • Oct 31
Third quarter 2024 earnings released: EPS: CN¥0.17 (vs CN¥0.13 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.17 (up from CN¥0.13 in 3Q 2023). Revenue: CN¥770.8m (up 44% from 3Q 2023). Net income: CN¥97.7m (up 36% from 3Q 2023). Profit margin: 13% (in line with 3Q 2023). 공시 • Oct 22
Cathay Biotech Inc. (SHSE:688065) announces an Equity Buyback for CNY 20 million worth of its shares. Cathay Biotech Inc. announces a share repurchase program. Under the program, the company will repurchase up to CNY 20 million worth of its shares. The shares will be repurchased at a price of not more than CNY 67 per share. The repurchased shares will be used for employee stock ownership plans or equity incentives. Repurchases will be funded using company's own funds or self-raised funds. The program will be valid till 12 months from approval of board. Valuation Update With 7 Day Price Move • Oct 15
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to CN¥46.38, the stock trades at a trailing P/E ratio of 72.5x. Average trailing P/E is 31x in the Chemicals industry in China. Total loss to shareholders of 13% over the past year. 공시 • Sep 30
Cathay Biotech Inc. to Report Q3, 2024 Results on Oct 31, 2024 Cathay Biotech Inc. announced that they will report Q3, 2024 results on Oct 31, 2024 Valuation Update With 7 Day Price Move • Sep 27
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to CN¥38.08, the stock trades at a trailing P/E ratio of 63.6x. Average trailing P/E is 29x in the Chemicals industry in China. Total loss to shareholders of 31% over the past year. Reported Earnings • Aug 16
Second quarter 2024 earnings released: EPS: CN¥0.24 (vs CN¥0.30 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.24 (down from CN¥0.30 in 2Q 2023). Revenue: CN¥759.8m (up 45% from 2Q 2023). Net income: CN¥142.2m (down 23% from 2Q 2023). Profit margin: 19% (down from 35% in 2Q 2023). The decrease in margin was driven by higher expenses. 공시 • Jun 28
Cathay Biotech Inc. to Report First Half, 2024 Results on Aug 31, 2024 Cathay Biotech Inc. announced that they will report first half, 2024 results on Aug 31, 2024 공시 • Jun 06
Cathay Biotech Inc., Annual General Meeting, Jun 27, 2024 Cathay Biotech Inc., Annual General Meeting, Jun 27, 2024, at 14:00 China Standard Time. Location: 9F, No. 11, Lane 396, Lvzhou Ring Road, Minhang District, Shanghai China Reported Earnings • May 01
First quarter 2024 earnings released: EPS: CN¥0.18 (vs CN¥0.10 in 1Q 2023) First quarter 2024 results: EPS: CN¥0.18 (up from CN¥0.10 in 1Q 2023). Revenue: CN¥684.5m (up 35% from 1Q 2023). Net income: CN¥105.3m (up 83% from 1Q 2023). Profit margin: 15% (up from 11% in 1Q 2023). The increase in margin was driven by higher revenue. Valuation Update With 7 Day Price Move • Apr 29
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to CN¥49.16, the stock trades at a trailing P/E ratio of 78.1x. Average trailing P/E is 32x in the Chemicals industry in China. Total loss to shareholders of 7.2% over the past year. New Risk • Apr 09
New major risk - Revenue and earnings growth Earnings have declined by 0.06% 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. 공시 • Mar 30
Cathay Biotech Inc. to Report Q1, 2024 Results on Apr 30, 2024 Cathay Biotech Inc. announced that they will report Q1, 2024 results on Apr 30, 2024 Reported Earnings • Feb 24
Full year 2023 earnings released: EPS: CN¥0.63 (vs CN¥0.95 in FY 2022) Full year 2023 results: EPS: CN¥0.63 (down from CN¥0.95 in FY 2022). Revenue: CN¥2.11b (down 13% from FY 2022). Net income: CN¥367.0m (down 34% from FY 2022). Profit margin: 17% (down from 23% in FY 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 49% p.a. on average during the next 2 years, compared to a 18% growth forecast for the Chemicals industry in China. 공시 • Dec 29
Cathay Biotech Inc. to Report Fiscal Year 2023 Results on Apr 30, 2024 Cathay Biotech Inc. announced that they will report fiscal year 2023 results on Apr 30, 2024 Reported Earnings • Nov 02
Third quarter 2023 earnings released: EPS: CN¥0.13 (vs CN¥0.25 in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.13 (down from CN¥0.25 in 3Q 2022). Revenue: CN¥535.1m (down 2.5% from 3Q 2022). Net income: CN¥72.0m (down 52% from 3Q 2022). Profit margin: 14% (down from 27% in 3Q 2022). The decrease in margin was primarily driven by higher expenses. Revenue is forecast to grow 53% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Chemicals industry in China. 공시 • Aug 18
Cathay Biotech Inc. (SHSE:688065) announces an Equity Buyback for CNY 100 million worth of its shares. Cathay Biotech Inc. announces a share repurchase program. Under the program, the company will repurchase up to CNY 100 million worth of its shares. The program will be valid for a period of 12 months. Reported Earnings • Aug 08
Second quarter 2023 earnings released: EPS: CN¥0.30 (vs CN¥0.28 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.30 (up from CN¥0.28 in 2Q 2022). Revenue: CN¥525.0m (down 16% from 2Q 2022). Net income: CN¥184.4m (up 14% from 2Q 2022). Profit margin: 35% (up from 26% in 2Q 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 56% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Chemicals industry in China. 공시 • Jun 28
Cathay Biotech Inc. to Report First Half, 2023 Results on Aug 16, 2023 Cathay Biotech Inc. announced that they will report first half, 2023 results on Aug 16, 2023 공시 • Jun 27
Cathay Biotech Inc. announced that it expects to receive CNY 6.6 billion in funding from China Merchants Group Limited Cathay Biotech Inc. announced a private placement of common shares for gross proceeds up to CNY 6,600 million on June 25, 2023. The transaction will include participation from new investor China Merchants Group Limited. The transaction is subject to the approval of shareholders of the company. Reported Earnings • Apr 26
Full year 2022 earnings released: EPS: CN¥0.95 (vs CN¥1.04 in FY 2021) Full year 2022 results: EPS: CN¥0.95 (down from CN¥1.04 in FY 2021). Revenue: CN¥2.44b (up 11% from FY 2021). Net income: CN¥553.3m (down 9.0% from FY 2021). Profit margin: 23% (down from 28% in FY 2021). The decrease in margin was driven by higher expenses. Board Change • Mar 15
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. 11 experienced directors. No highly experienced directors. 3 independent directors (5 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.