Board Change • Jul 25
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Guoxiong Cao 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. 공고 • Jun 30
Zhejiang Huamei Holding CO., LTD. to Report First Half, 2026 Results on Aug 22, 2026 Zhejiang Huamei Holding CO., LTD. announced that they will report first half, 2026 results on Aug 22, 2026 공고 • Apr 24
Zhejiang Huamei Holding CO., LTD., Annual General Meeting, May 15, 2026 Zhejiang Huamei Holding CO., LTD., Annual General Meeting, May 15, 2026, at 15:00 China Standard Time. Location: 24F, Building 7, No. 1929, Shixin North Road, Xiaoshan District, Hangzhou, Zhejiang China 공고 • Mar 31
Zhejiang Huamei Holding CO., LTD. to Report Q1, 2026 Results on Apr 30, 2026 Zhejiang Huamei Holding CO., LTD. announced that they will report Q1, 2026 results on Apr 30, 2026 공고 • Dec 31
Zhejiang Huamei Holding CO., LTD. to Report Fiscal Year 2025 Results on Apr 24, 2026 Zhejiang Huamei Holding CO., LTD. announced that they will report fiscal year 2025 results on Apr 24, 2026 공고 • Sep 30
Zhejiang Huamei Holding CO., LTD. to Report Q3, 2025 Results on Oct 31, 2025 Zhejiang Huamei Holding CO., LTD. announced that they will report Q3, 2025 results on Oct 31, 2025 공고 • Jul 02
Zhejiang Huamei Holding CO., LTD. to Report First Half, 2025 Results on Aug 23, 2025 Zhejiang Huamei Holding CO., LTD. announced that they will report first half, 2025 results on Aug 23, 2025 공고 • Apr 20
Zhejiang Huamei Holding CO., LTD., Annual General Meeting, May 12, 2025 Zhejiang Huamei Holding CO., LTD., Annual General Meeting, May 12, 2025, at 15:00 China Standard Time. Location: 24F, Building 7, No. 1929, Shixin North Road, Xiaoshan District, Hangzhou, Zhejiang China 공고 • Mar 31
Zhejiang Huamei Holding CO., LTD. to Report Q1, 2025 Results on Apr 30, 2025 Zhejiang Huamei Holding CO., LTD. announced that they will report Q1, 2025 results on Apr 30, 2025 공고 • Dec 31
Zhejiang Huamei Holding CO., LTD. to Report Fiscal Year 2024 Results on Apr 19, 2025 Zhejiang Huamei Holding CO., LTD. announced that they will report fiscal year 2024 results on Apr 19, 2025 New Risk • Nov 12
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 24% 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 Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Reported Earnings • Oct 31
Third quarter 2024 earnings released: CN¥0.008 loss per share (vs CN¥0.008 loss in 3Q 2023) Third quarter 2024 results: CN¥0.008 loss per share (in line with 3Q 2023). Revenue: CN¥379.9m (down 13% from 3Q 2023). Net loss: CN¥10.7m (loss widened 32% from 3Q 2023). Over the last 3 years on average, earnings per share has increased by 48% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Sep 30
Investor sentiment improves as stock rises 23% After last week's 23% share price gain to CN¥3.81, the stock trades at a trailing P/E ratio of 72.1x. Average trailing P/E is 42x in the Media industry in China. Total returns to shareholders of 7.1% over the past three years. 공고 • Sep 30
Zhejiang Huamei Holding CO., LTD. to Report Q3, 2024 Results on Oct 31, 2024 Zhejiang Huamei Holding CO., LTD. announced that they will report Q3, 2024 results on Oct 31, 2024 New Risk • Sep 20
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 26% 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 Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (3.3% net profit margin). Reported Earnings • Aug 31
Second quarter 2024 earnings released: EPS: CN¥0.032 (vs CN¥0.061 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.032 (down from CN¥0.061 in 2Q 2023). Revenue: CN¥389.2m (down 17% from 2Q 2023). Net income: CN¥32.3m (down 39% from 2Q 2023). Profit margin: 8.3% (down from 11% in 2Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 72% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. 공고 • Jun 29
Zhejiang Huamei Holding CO., LTD. to Report First Half, 2024 Results on Aug 31, 2024 Zhejiang Huamei Holding CO., LTD. announced that they will report first half, 2024 results on Aug 31, 2024 공고 • Apr 05
Zhejiang Huamei Holding Co., Ltd. Proposes Final Dividend for the Year 2023 Zhejiang Huamei Holding CO., LTD. proposed Cash dividend/10 shares (tax included) of CNY 0.29000000 for 2023. 공고 • Apr 03
Zhejiang Huamei Holding CO., LTD., Annual General Meeting, Apr 23, 2024 Zhejiang Huamei Holding CO., LTD., Annual General Meeting, Apr 23, 2024, at 14:30 China Standard Time. Location: 24F, Building 7, No. 1929, Shixin North Road, Xiaoshan District, Hangzhou, Zhejiang China Reported Earnings • Apr 03
Full year 2023 earnings released: EPS: CN¥0.09 (vs CN¥0.08 in FY 2022) Full year 2023 results: EPS: CN¥0.09 (up from CN¥0.08 in FY 2022). Revenue: CN¥1.78b (down 1.7% from FY 2022). Net income: CN¥88.4m (up 4.3% from FY 2022). Profit margin: 5.0% (up from 4.7% in FY 2022). Over the last 3 years on average, earnings per share has increased by 95% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. 공고 • Mar 30
Zhejiang Huamei Holding CO., LTD. to Report Q1, 2024 Results on Apr 24, 2024 Zhejiang Huamei Holding CO., LTD. announced that they will report Q1, 2024 results on Apr 24, 2024 Valuation Update With 7 Day Price Move • Feb 02
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to CN¥3.70, the stock trades at a trailing P/E ratio of 48.4x. Average trailing P/E is 34x in the Media industry in China. Total loss to shareholders of 1.1% over the past three years. 공고 • Jan 23
Zhejiang Huamei Holding CO., LTD. Announces Executive Appointments Zhejiang Huamei Holding CO., LTD. at its Extraordinary General Meeting held on 19 January 2024, approved the appointment of Zhang Jianqiu as non-independent director; Fu Qiang and Mao Wei as supervisor. 공고 • Dec 29
Zhejiang Huamei Holding CO., LTD. to Report Fiscal Year 2023 Results on Apr 25, 2024 Zhejiang Huamei Holding CO., LTD. announced that they will report fiscal year 2023 results on Apr 25, 2024 Reported Earnings • Nov 01
Third quarter 2023 earnings released: CN¥0.008 loss per share (vs CN¥0.011 profit in 3Q 2022) Third quarter 2023 results: CN¥0.008 loss per share (down from CN¥0.011 profit in 3Q 2022). Revenue: CN¥436.4m (up 3.8% from 3Q 2022). Net loss: CN¥8.09m (down 159% from profit in 3Q 2022). Over the last 3 years on average, earnings per share has increased by 86% 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 23
Second quarter 2023 earnings released: EPS: CN¥0.061 (vs CN¥0.038 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.061 (up from CN¥0.038 in 2Q 2022). Revenue: CN¥468.0m (up 11% from 2Q 2022). Net income: CN¥52.8m (up 30% from 2Q 2022). Profit margin: 11% (up from 9.6% in 2Q 2022). Over the last 3 years on average, earnings per share has increased by 75% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth. 공고 • Jul 01
Zhejiang Huamei Holding CO., LTD. to Report First Half, 2023 Results on Aug 23, 2023 Zhejiang Huamei Holding CO., LTD. announced that they will report first half, 2023 results on Aug 23, 2023 공고 • May 06
Zhejiang Huamei Holding CO., LTD., Annual General Meeting, May 26, 2023 Zhejiang Huamei Holding CO., LTD., Annual General Meeting, May 26, 2023, at 15:00 China Standard Time. Agenda: To consider 2022 work report of the board of directors; to consider 2022 work report of the supervisory committee; to consider 2022 annual report and its summary; to consider 2022 annual accounts; to consider 2022 profit distribution plan; to consider Appointment of 2023 financial audit firm and internal control audit firm; and to consider Issuance of super and short-term commercial papers and medium-term notes. Reported Earnings • Apr 29
First quarter 2023 earnings released: EPS: CN¥0.004 (vs CN¥0.001 in 1Q 2022) First quarter 2023 results: EPS: CN¥0.004 (up from CN¥0.001 in 1Q 2022). Revenue: CN¥335.9m (down 11% from 1Q 2022). Net income: CN¥3.64m (up 196% from 1Q 2022). Profit margin: 1.1% (up from 0.3% in 1Q 2022). Over the last 3 years on average, earnings per share has increased by 59% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Jan 03
Investor sentiment improved over the past week After last week's 22% share price gain to CN¥5.94, the stock trades at a trailing P/E ratio of 63.7x. Average trailing P/E is 33x in the Media industry in China. Total returns to shareholders of 11% over the past three years. Board Change • Nov 16
High number of new and inexperienced directors There are 8 new directors who have joined the board in the last 3 years. The company's board is composed of: 8 new directors. 4 experienced directors. No highly experienced directors. Independent Director Huaiquan 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: EPS: CN¥0.011 (vs CN¥0.025 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.011 (down from CN¥0.025 in 3Q 2021). Revenue: CN¥420.3m (down 12% from 3Q 2021). Net income: CN¥13.6m (down 37% from 3Q 2021). Profit margin: 3.2% (down from 4.5% in 3Q 2021). Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. Reported Earnings • Sep 02
Second quarter 2022 earnings released: EPS: CN¥0.038 (vs CN¥0.048 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.038 (down from CN¥0.048 in 2Q 2021). Revenue: CN¥420.8m (down 13% from 2Q 2021). Net income: CN¥40.5m (down 17% from 2Q 2021). Profit margin: 9.6% (in line with 2Q 2021). Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings. Reported Earnings • May 02
First quarter 2022 earnings released: EPS: CN¥0.001 (vs CN¥0.007 in 1Q 2021) First quarter 2022 results: EPS: CN¥0.001 (down from CN¥0.007 in 1Q 2021). Revenue: CN¥376.9m (down 4.3% from 1Q 2021). Net income: CN¥1.23m (down 83% from 1Q 2021). Profit margin: 0.3% (down from 1.9% in 1Q 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 54% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings. Board Change • Apr 27
High number of new and inexperienced directors There are 8 new directors who have joined the board in the last 3 years. The company's board is composed of: 8 new directors. 4 experienced directors. No highly experienced directors. Independent Director Huaiquan 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 28
Third quarter 2021 earnings released: EPS CN¥0.025 (vs CN¥0.03 in 3Q 2020) The company reported a mediocre third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: CN¥480.1m (up 34% from 3Q 2020). Net income: CN¥21.6m (down 32% from 3Q 2020). Profit margin: 4.5% (down from 8.9% in 3Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 116 percentage points per year, which is a significant difference in performance. Reported Earnings • Sep 01
Second quarter 2021 earnings released: EPS CN¥0.057 (vs CN¥0.032 in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CN¥485.6m (up 32% from 2Q 2020). Net income: CN¥48.8m (up 133% from 2Q 2020). Profit margin: 10% (up from 5.7% in 2Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 113 percentage points per year, which is a significant difference in performance. Reported Earnings • May 01
First quarter 2021 earnings released: EPS CN¥0.007 (vs CN¥0.037 loss in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: CN¥393.8m (up 33% from 1Q 2020). Net income: CN¥7.33m (up CN¥45.0m from 1Q 2020). Profit margin: 1.9% (up from net loss in 1Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 105 percentage points per year, which is a significant difference in performance. Reported Earnings • Apr 16
Full year 2020 earnings released: CN¥0.33 loss per share (vs CN¥0.02 profit in FY 2019) The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2020 results: Revenue: CN¥1.67b (down 8.5% from FY 2019). Net loss: CN¥335.0m (down CN¥353.9m from profit in FY 2019). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 91 percentage points per year, which is a significant difference in performance. Is New 90 Day High Low • Jan 05
New 90-day low: CN¥3.84 The company is down 4.0% from its price of CN¥4.01 on 30 September 2020. The Chinese market is up 10.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Media industry, which is down 6.0% over the same period. Reported Earnings • Nov 01
Third quarter earnings released Over the last 12 months the company has reported total losses of CN¥36.4m, with earnings decreasing by CN¥149.7m from the prior year. Total revenue was CN¥1.57b over the last 12 months, down 15% from the prior year. Is New 90 Day High Low • Oct 26
New 90-day low: CN¥4.00 The company is down 9.0% from its price of CN¥4.39 on 28 July 2020. The Chinese market is up 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Media industry, which is up 3.0% over the same period. Is New 90 Day High Low • Sep 28
New 90-day low: CN¥4.02 The company is down 8.0% from its price of CN¥4.35 on 30 June 2020. The Chinese market is up 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Media industry, which is flat over the same period.