Board Change • May 20
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Director Yede Huang was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. 공시 • Apr 28
Intco Recycling Resources Co., Ltd., Annual General Meeting, May 19, 2026 Intco Recycling Resources Co., Ltd., Annual General Meeting, May 19, 2026, at 14:00 China Standard Time. Location: The Company's Meeting Room, Shanghai China 공시 • Mar 30
Intco Recycling Resources Co., Ltd. to Report Q1, 2026 Results on Apr 28, 2026 Intco Recycling Resources Co., Ltd. announced that they will report Q1, 2026 results on Apr 28, 2026 공시 • Dec 26
Intco Recycling Resources Co., Ltd. to Report Fiscal Year 2025 Results on Apr 28, 2026 Intco Recycling Resources Co., Ltd. announced that they will report fiscal year 2025 results on Apr 28, 2026 공시 • Sep 30
Intco Recycling Resources Co., Ltd. to Report Q3, 2025 Results on Oct 31, 2025 Intco Recycling Resources Co., Ltd. announced that they will report Q3, 2025 results on Oct 31, 2025 공시 • Jun 30
Intco Recycling Resources Co., Ltd. to Report First Half, 2025 Results on Aug 27, 2025 Intco Recycling Resources Co., Ltd. announced that they will report first half, 2025 results on Aug 27, 2025 공시 • Apr 28
Intco Recycling Resources Co., Ltd., Annual General Meeting, May 20, 2025 Intco Recycling Resources Co., Ltd., Annual General Meeting, May 20, 2025, at 14:00 China Standard Time. Location: Meeting Room of Shandong Yinglang Environmental Protection Technology Co., Ltd., Zibo, Shandong China 공시 • Apr 09
Intco Recycling Resources Co., Ltd. (SHSE:688087) announces an Equity Buyback for CNY 80 million worth of its shares. Intco Recycling Resources Co., Ltd. (SHSE:688087) announces a share repurchase program. Under the program, the company will repurchase up to CNY 80 million worth of its shares. The shares will be repurchased at no more than CNY 41.44 per share. The purpose of the program is to use the repurchased share for employee stock ownership plans and/or equity incentives. The program will be funded from company's own funds and dedicated loans for stock buyback. The program will be valid for 12 months. 공시 • Mar 28
Intco Recycling Resources Co., Ltd. to Report Q1, 2025 Results on Apr 28, 2025 Intco Recycling Resources Co., Ltd. announced that they will report Q1, 2025 results on Apr 28, 2025 공시 • Dec 27
Intco Recycling Resources Co., Ltd. to Report Fiscal Year 2024 Results on Apr 28, 2025 Intco Recycling Resources Co., Ltd. announced that they will report fiscal year 2024 results on Apr 28, 2025 Valuation Update With 7 Day Price Move • Sep 30
Investor sentiment improves as stock rises 22% After last week's 22% share price gain to CN¥30.12, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 16x in the Chemicals industry in China. Total returns to shareholders of 22% over the past year. 공시 • Sep 30
Intco Recycling Resources Co., Ltd. to Report Q3, 2024 Results on Oct 31, 2024 Intco Recycling Resources Co., Ltd. announced that they will report Q3, 2024 results on Oct 31, 2024 Reported Earnings • Aug 27
Second quarter 2024 earnings released: EPS: CN¥0.44 (vs CN¥0.55 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.44 (down from CN¥0.55 in 2Q 2023). Revenue: CN¥801.4m (up 30% from 2Q 2023). Net income: CN¥82.8m (down 23% from 2Q 2023). Profit margin: 10% (down from 17% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.7% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Chemicals industry in China. 공시 • Jun 28
Intco Recycling Resources Co., Ltd. to Report First Half, 2024 Results on Aug 27, 2024 Intco Recycling Resources Co., Ltd. announced that they will report first half, 2024 results on Aug 27, 2024 Reported Earnings • Apr 26
First quarter 2024 earnings released: EPS: CN¥0.39 (vs CN¥0.064 in 1Q 2023) First quarter 2024 results: EPS: CN¥0.39 (up from CN¥0.064 in 1Q 2023). Revenue: CN¥633.1m (up 23% from 1Q 2023). Net income: CN¥72.3m (up CN¥60.6m from 1Q 2023). Profit margin: 11% (up from 2.3% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 7.3% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Chemicals industry in China. Reported Earnings • Apr 19
Full year 2023 earnings released: EPS: CN¥1.05 (vs CN¥1.24 in FY 2022) Full year 2023 results: EPS: CN¥1.05 (down from CN¥1.24 in FY 2022). Revenue: CN¥2.46b (up 19% from FY 2022). Net income: CN¥195.7m (down 15% from FY 2022). Profit margin: 8.0% (down from 11% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 8.2% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Chemicals industry in China. 공시 • Apr 16
Shandong Intco Recycling Resources Co., Ltd., Annual General Meeting, May 24, 2024 Shandong Intco Recycling Resources Co., Ltd., Annual General Meeting, May 24, 2024, at 14:00 China Standard Time. Location: Weisan Road, Linzi District, Zibo, Shandong China 공시 • Mar 29
Shandong Intco Recycling Resources Co., Ltd. to Report Q1, 2024 Results on Apr 26, 2024 Shandong Intco Recycling Resources Co., Ltd. announced that they will report Q1, 2024 results on Apr 26, 2024 Reported Earnings • Feb 27
Full year 2023 earnings released: EPS: CN¥1.00 (vs CN¥1.24 in FY 2022) Full year 2023 results: EPS: CN¥1.00 (down from CN¥1.24 in FY 2022). Revenue: CN¥2.47b (up 20% from FY 2022). Net income: CN¥187.2m (down 19% from FY 2022). Profit margin: 7.6% (down from 11% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 20% p.a. on average during the next 2 years, compared to a 18% growth forecast for the Chemicals industry in China. Valuation Update With 7 Day Price Move • Jan 26
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to CN¥21.50, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 15x in the Chemicals industry in China. 공시 • Dec 30
Shandong Intco Recycling Resources Co., Ltd. to Report Fiscal Year 2023 Results on Apr 16, 2024 Shandong Intco Recycling Resources Co., Ltd. announced that they will report fiscal year 2023 results on Apr 16, 2024 Reported Earnings • Nov 01
Third quarter 2023 earnings released: EPS: CN¥0.20 (vs CN¥0.36 in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.20 (down from CN¥0.36 in 3Q 2022). Revenue: CN¥690.3m (up 36% from 3Q 2022). Net income: CN¥37.1m (down 44% from 3Q 2022). Profit margin: 5.4% (down from 13% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 21% p.a. on average during the next 3 years, compared to a 19% growth forecast for the Chemicals industry in China. Valuation Update With 7 Day Price Move • Oct 23
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to CN¥21.48, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 14x in the Chemicals industry in China. Reported Earnings • Aug 25
Second quarter 2023 earnings released: EPS: CN¥0.55 (vs CN¥0.51 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.55 (up from CN¥0.51 in 2Q 2022). Revenue: CN¥617.5m (up 8.9% from 2Q 2022). Net income: CN¥107.0m (up 13% from 2Q 2022). Profit margin: 17% (in line with 2Q 2022). Revenue is forecast to grow 22% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Chemicals industry in China. Reported Earnings • Apr 24
Full year 2022 earnings released: EPS: CN¥1.73 (vs CN¥2.11 in FY 2021) Full year 2022 results: EPS: CN¥1.73 (down from CN¥2.11 in FY 2021). Revenue: CN¥2.06b (up 3.3% from FY 2021). Net income: CN¥230.8m (down 3.8% from FY 2021). Profit margin: 11% (in line with FY 2021). Revenue is forecast to grow 36% p.a. on average during the next 2 years, compared to a 17% growth forecast for the Chemicals industry in China. 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. 5 experienced directors. 3 highly experienced directors. 2 independent directors (3 non-independent directors). Independent Director Wei Guan was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. 
