Valuation Update With 7 Day Price Move • Jul 13
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to CN¥23.88, the stock trades at a trailing P/E ratio of 40.2x. Average trailing P/E is 73x in the Electronic industry in China. Total returns to shareholders of 23% over the past three years. 공고 • Jun 30
Chengdu Galaxy Magnets Co.,Ltd. to Report First Half, 2026 Results on Aug 22, 2026 Chengdu Galaxy Magnets Co.,Ltd. announced that they will report first half, 2026 results on Aug 22, 2026 공고 • Jun 05
Chengdu Galaxy Magnets Co.,Ltd. Announces Final Cash Dividend on A Shares for the Year 2025, Payable on 9 June 2026 Chengdu Galaxy Magnets Co.,Ltd. announced 2025 final profit distribution plan to be implemented (A shares): Cash dividend/10 shares (tax included) of CNY 4.00000000. Record date: 08 June 2026, Ex-date: 09 June 2026, Payment date: 09 June 2026. Declared Dividend • Jun 05
Dividend of CN¥0.40 announced Shareholders will receive a dividend of CN¥0.40. Ex-date: 9th June 2026 Payment date: 9th June 2026 Dividend yield will be 1.4%, which is lower than the industry average of 1.8%. Sustainability & Growth Dividend is covered by both earnings (67% earnings payout ratio) and cash flows (79% cash payout ratio). The dividend has increased by an average of 7.2% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 3.9% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. 공고 • Mar 31
Chengdu Galaxy Magnets Co.,Ltd. to Report Q1, 2026 Results on Apr 25, 2026 Chengdu Galaxy Magnets Co.,Ltd. announced that they will report Q1, 2026 results on Apr 25, 2026 공고 • Mar 28
Chengdu Galaxy Magnets Co.,Ltd., Annual General Meeting, Apr 23, 2026 Chengdu Galaxy Magnets Co.,Ltd., Annual General Meeting, Apr 23, 2026, at 14:30 China Standard Time. Location: The Company's Meeting Room, Chengdu, Sichuan China 공고 • Dec 31
Chengdu Galaxy Magnets Co.,Ltd. to Report Fiscal Year 2025 Results on Mar 28, 2026 Chengdu Galaxy Magnets Co.,Ltd. announced that they will report fiscal year 2025 results on Mar 28, 2026 공고 • Sep 30
Chengdu Galaxy Magnets Co.,Ltd. to Report Q3, 2025 Results on Oct 28, 2025 Chengdu Galaxy Magnets Co.,Ltd. announced that they will report Q3, 2025 results on Oct 28, 2025 공고 • Jul 02
Chengdu Galaxy Magnets Co.,Ltd. to Report First Half, 2025 Results on Aug 27, 2025 Chengdu Galaxy Magnets Co.,Ltd. announced that they will report first half, 2025 results on Aug 27, 2025 공고 • Jun 06
Chengdu Galaxy Magnets Co.,Ltd. Announces Board Appointments Chengdu Galaxy Magnets Co.,Ltd. at its 1st Extraordinary General Meeting of 2025 on 03 June 2025 elected Jiang Cai, independent director and Yang Bo, independent director. 공고 • Apr 01
Chengdu Galaxy Magnets Co.,Ltd. Proposes Final Cash Dividend for 2024 Chengdu Galaxy Magnets Co.,Ltd. announced on 31 March 2025 the profit distribution proposal for 2024, final Cash dividend/10 shares (tax included) of CNY 3.50000000. 공고 • Mar 31
Chengdu Galaxy Magnets Co.,Ltd. to Report Q1, 2025 Results on Apr 26, 2025 Chengdu Galaxy Magnets Co.,Ltd. announced that they will report Q1, 2025 results on Apr 26, 2025 공고 • Mar 29
Chengdu Galaxy Magnets Co.,Ltd., Annual General Meeting, Apr 24, 2025 Chengdu Galaxy Magnets Co.,Ltd., Annual General Meeting, Apr 24, 2025, at 14:30 China Standard Time. Location: The Company's Meeting Room, Chengdu, Sichuan China 공고 • Dec 31
Chengdu Galaxy Magnets Co.,Ltd. to Report Fiscal Year 2024 Results on Mar 29, 2025 Chengdu Galaxy Magnets Co.,Ltd. announced that they will report fiscal year 2024 results on Mar 29, 2025 Valuation Update With 7 Day Price Move • Nov 16
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to CN¥27.42, the stock trades at a forward P/E ratio of 49x. Average forward P/E is 25x in the Electronic industry in China. Total returns to shareholders of 53% over the past year. Valuation Update With 7 Day Price Move • Nov 01
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to CN¥21.88, the stock trades at a forward P/E ratio of 39x. Average forward P/E is 25x in the Electronic industry in China. Total returns to shareholders of 26% over the past year. Reported Earnings • Oct 24
Third quarter 2024 earnings released: EPS: CN¥0.11 (vs CN¥0.13 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.11 (down from CN¥0.13 in 3Q 2023). Revenue: CN¥192.8m (down 8.6% from 3Q 2023). Net income: CN¥35.4m (down 17% from 3Q 2023). Profit margin: 18% (down from 20% in 3Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 7.8% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Electronic industry in China. Valuation Update With 7 Day Price Move • Sep 30
Investor sentiment improves as stock rises 28% After last week's 28% share price gain to CN¥16.76, the stock trades at a forward P/E ratio of 31x. Average forward P/E is 21x in the Electronic industry in China. Total loss to shareholders of 4.4% over the past year. 공고 • Sep 30
Chengdu Galaxy Magnets Co.,Ltd. to Report Q3, 2024 Results on Oct 24, 2024 Chengdu Galaxy Magnets Co.,Ltd. announced that they will report Q3, 2024 results on Oct 24, 2024 Reported Earnings • Aug 24
Second quarter 2024 earnings released: EPS: CN¥0.12 (vs CN¥0.17 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.12 (down from CN¥0.17 in 2Q 2023). Revenue: CN¥211.2m (down 1.5% from 2Q 2023). Net income: CN¥38.5m (down 28% from 2Q 2023). Profit margin: 18% (down from 25% in 2Q 2023). The decrease in margin was primarily driven by higher expenses. Revenue is forecast to grow 8.1% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Electronic industry in China. 공고 • Jun 29
Chengdu Galaxy Magnets Co.,Ltd. to Report First Half, 2024 Results on Aug 24, 2024 Chengdu Galaxy Magnets Co.,Ltd. announced that they will report first half, 2024 results on Aug 24, 2024 Declared Dividend • Jun 21
Dividend of CN¥0.40 announced Dividend of CN¥0.40 is the same as last year. Ex-date: 26th June 2024 Payment date: 26th June 2024 Dividend yield will be 2.7%, which is higher than the industry average of 1.8%. Sustainability & Growth Dividend is covered by earnings (85% earnings payout ratio) but not covered by cash flows (dividend approximately 6x free cash flows). The dividend has increased by an average of 10% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 56% over the next 3 years, which should provide support to the dividend and adequate earnings cover. 공고 • Jun 20
Chengdu Galaxy Magnets Co.,Ltd. Announces Final Profit Distribution Plan to Be Implemented on A Shares for the Year 2023, Payable on 26 June 2024 Chengdu Galaxy Magnets Co.,Ltd. announced final profit distribution plan to be implemented on A shares as cash dividend per ten shares (tax included) of CNY 4.00000000 for the year 2023, payable on 26 June 2024. Record date is 25 June 2024. Ex-date is 26 June 2024. New Risk • May 13
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 9.2% 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 Dividend is not well covered by cash flows (dividend per share is over 6x cash flows per share). Share price has been volatile over the past 3 months (9.2% average weekly change). Valuation Update With 7 Day Price Move • May 09
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to CN¥18.18, the stock trades at a forward P/E ratio of 31x. Average forward P/E is 22x in the Electronic industry in China. Total returns to shareholders of 11% over the past year. Valuation Update With 7 Day Price Move • Apr 09
Investor sentiment improves as stock rises 24% After last week's 24% share price gain to CN¥18.92, the stock trades at a forward P/E ratio of 33x. Average forward P/E is 22x in the Electronic industry in China. Total returns to shareholders of 16% over the past year. Reported Earnings • Apr 01
Full year 2023 earnings released: EPS: CN¥0.50 (vs CN¥0.53 in FY 2022) Full year 2023 results: EPS: CN¥0.50 (down from CN¥0.53 in FY 2022). Revenue: CN¥823.9m (down 17% from FY 2022). Net income: CN¥161.0m (down 6.1% from FY 2022). Profit margin: 20% (up from 17% in FY 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 6.0% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Electronic industry in China. New Risk • Mar 11
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Dividend is not well covered by cash flows (126% cash payout ratio). Valuation Update With 7 Day Price Move • Feb 05
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to CN¥13.00, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 17x in the Electronic industry in China. Total loss to shareholders of 23% over the past year. 공고 • Dec 30
Chengdu Galaxy Magnets Co.,Ltd. to Report Fiscal Year 2023 Results on Mar 30, 2024 Chengdu Galaxy Magnets Co.,Ltd. announced that they will report fiscal year 2023 results on Mar 30, 2024 Reported Earnings • Oct 26
Third quarter 2023 earnings released: EPS: CN¥0.13 (vs CN¥0.16 in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.13 (down from CN¥0.16 in 3Q 2022). Revenue: CN¥211.0m (down 16% from 3Q 2022). Net income: CN¥42.7m (down 21% from 3Q 2022). Profit margin: 20% (down from 22% in 3Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Electronic industry in China. 공고 • Sep 30
Chengdu Galaxy Magnets Co.,Ltd. to Report Q3, 2023 Results on Oct 26, 2023 Chengdu Galaxy Magnets Co.,Ltd. announced that they will report Q3, 2023 results on Oct 26, 2023 New Risk • Jul 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 7.4% 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 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 (7.4% average weekly change). Valuation Update With 7 Day Price Move • Jul 05
Investor sentiment improves as stock rises 25% After last week's 25% share price gain to CN¥21.64, the stock trades at a forward P/E ratio of 34x. Average forward P/E is 25x in the Electronic industry in China. Total returns to shareholders of 19% over the past year. 공고 • Jun 09
Chengdu Galaxy Magnets Co.,Ltd. Announces Final Dividend Implementation on A Shares for 2022, Payable on June 15, 2023 Chengdu Galaxy Magnets Co.,Ltd. announced implementation of final Cash dividend per 10 shares (tax included) of CNY 4.00000000 on (A shares) for 2022. Record date: 14 June 2023, Ex-date: 15 June 2023, Payment date: 15 June 2023. Reported Earnings • Mar 31
Full year 2022 earnings released: EPS: CN¥0.53 (vs CN¥0.60 in FY 2021) Full year 2022 results: EPS: CN¥0.53 (down from CN¥0.60 in FY 2021). Revenue: CN¥992.1m (up 15% from FY 2021). Net income: CN¥171.5m (down 12% from FY 2021). Profit margin: 17% (down from 23% in FY 2021). The decrease in margin was driven by higher expenses. Reported Earnings • Oct 27
Third quarter 2022 earnings released: EPS: CN¥0.16 (vs CN¥0.16 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.16. Revenue: CN¥250.9m (up 7.8% from 3Q 2021). Net income: CN¥54.0m (up 2.4% from 3Q 2021). Profit margin: 22% (down from 23% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Electronic industry in China. Reported Earnings • Aug 26
Second quarter 2022 earnings released: EPS: CN¥0.17 (vs CN¥0.16 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.17 (up from CN¥0.16 in 2Q 2021). Revenue: CN¥274.7m (up 32% from 2Q 2021). Net income: CN¥52.6m (up 1.5% from 2Q 2021). Profit margin: 19% (down from 25% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 38%, compared to a 25% growth forecast for the Electronic industry in China. Reported Earnings • Apr 27
First quarter 2022 earnings released: EPS: CN¥0.11 (vs CN¥0.14 in 1Q 2021) First quarter 2022 results: EPS: CN¥0.11 (down from CN¥0.14 in 1Q 2021). Revenue: CN¥214.7m (up 17% from 1Q 2021). Net income: CN¥36.6m (down 19% from 1Q 2021). Profit margin: 17% (down from 25% in 1Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 44%, compared to a 24% growth forecast for the industry in China. Board Change • Apr 27
High number of new and inexperienced directors There are 9 new directors who have joined the board in the last 3 years. The company's board is composed of: 9 new directors. 2 experienced directors. No highly experienced directors. Independent Director Zhiqiang Liu is the most experienced director on the board, commencing their role in 2019. 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 • Mar 31
Full year 2021 earnings released: EPS: CN¥0.60 (vs CN¥0.46 in FY 2020) Full year 2021 results: EPS: CN¥0.60 (up from CN¥0.46 in FY 2020). Revenue: CN¥861.1m (up 43% from FY 2020). Net income: CN¥193.7m (up 31% from FY 2020). Profit margin: 23% (down from 25% in FY 2020). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 4.4%, compared to a 25% growth forecast for the industry in China. Board Change • Dec 10
High number of new and inexperienced directors There are 9 new directors who have joined the board in the last 3 years. The company's board is composed of: 9 new directors. 2 experienced directors. No highly experienced directors. Independent Director Zhiqiang Liu is the most experienced director on the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.