공시 • Apr 20
Guangdong Shunkong Development Co.,Ltd., Annual General Meeting, May 11, 2026 Guangdong Shunkong Development Co.,Ltd., Annual General Meeting, May 11, 2026, at 16:00 China Standard Time. Location: 20F, Building 1, No. 4, Guanlv Road, Xincheng Area, Dehe Community Residents Committee, Daliang Subdistrict Office, Shunde District, Foshan, Guangdong China 공시 • Mar 31
Guangdong Shunkong Development Co.,Ltd. to Report Q1, 2026 Results on Apr 27, 2026 Guangdong Shunkong Development Co.,Ltd. announced that they will report Q1, 2026 results on Apr 27, 2026 공시 • Dec 31
Guangdong Shunkong Development Co.,Ltd. to Report Fiscal Year 2025 Results on Apr 20, 2026 Guangdong Shunkong Development Co.,Ltd. announced that they will report fiscal year 2025 results on Apr 20, 2026 공시 • Sep 30
Guangdong Shunkong Development Co.,Ltd. to Report Q3, 2025 Results on Oct 27, 2025 Guangdong Shunkong Development Co.,Ltd. announced that they will report Q3, 2025 results on Oct 27, 2025 공시 • Jul 02
Guangdong Shunkong Development Co.,Ltd. to Report First Half, 2025 Results on Aug 26, 2025 Guangdong Shunkong Development Co.,Ltd. announced that they will report first half, 2025 results on Aug 26, 2025 공시 • Apr 22
Guangdong Shunkong Development Co.,Ltd. Proposes Final Cash Dividend for the Year 2024 Guangdong Shunkong Development Co.,Ltd. announced on 21 April 2025 the profit distribution proposal for the year 2024 as final cash dividend/10 shares (tax included) of CNY 2.10000000. 공시 • Apr 21
Guangdong Shunkong Development Co.,Ltd., Annual General Meeting, May 12, 2025 Guangdong Shunkong Development Co.,Ltd., Annual General Meeting, May 12, 2025, at 16:00 China Standard Time. Location: 20F, Building 1, No. 4, Guanlv Road, Xincheng Area, Dehe Community Residents Committee, Daliang Subdistrict Office, Shunde District, Foshan, Guangdong China 공시 • Mar 31
Guangdong Shunkong Development Co.,Ltd. to Report Q1, 2025 Results on Apr 25, 2025 Guangdong Shunkong Development Co.,Ltd. announced that they will report Q1, 2025 results on Apr 25, 2025 공시 • Dec 31
Guangdong Shunkong Development Co.,Ltd. to Report Fiscal Year 2024 Results on Apr 21, 2025 Guangdong Shunkong Development Co.,Ltd. announced that they will report fiscal year 2024 results on Apr 21, 2025 Valuation Update With 7 Day Price Move • Nov 06
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥14.83, the stock trades at a trailing P/E ratio of 34.7x. Average trailing P/E is 22x in the Water Utilities industry in China. Total loss to shareholders of 5.4% over the past year. Reported Earnings • Oct 25
Third quarter 2024 earnings released: EPS: CN¥0.14 (vs CN¥0.15 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.14 (down from CN¥0.15 in 3Q 2023). Revenue: CN¥481.4m (up 16% from 3Q 2023). Net income: CN¥83.6m (down 11% from 3Q 2023). Profit margin: 17% (down from 23% in 3Q 2023). The decrease in margin was driven by higher expenses. 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¥13.23, the stock trades at a trailing P/E ratio of 29.8x. Average trailing P/E is 22x in the Water Utilities industry in China. Total loss to shareholders of 15% over the past year. 공시 • Sep 30
Guangdong Shunkong Development Co.,Ltd. to Report Q3, 2024 Results on Oct 25, 2024 Guangdong Shunkong Development Co.,Ltd. announced that they will report Q3, 2024 results on Oct 25, 2024 Reported Earnings • Aug 27
Second quarter 2024 earnings released: EPS: CN¥0.11 (vs CN¥0.098 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.11 (up from CN¥0.098 in 2Q 2023). Revenue: CN¥448.2m (up 25% from 2Q 2023). Net income: CN¥70.4m (up 15% from 2Q 2023). Profit margin: 16% (down from 17% in 2Q 2023). The decrease in margin was driven by higher expenses. 공시 • Jun 29
Guangdong Shunkong Development Co.,Ltd. to Report First Half, 2024 Results on Aug 27, 2024 Guangdong Shunkong Development Co.,Ltd. announced that they will report first half, 2024 results on Aug 27, 2024 Declared Dividend • Jun 27
Dividend increased to CN¥0.17 Dividend of CN¥0.17 is 56% higher than last year. Ex-date: 28th June 2024 Payment date: 28th June 2024 Dividend yield will be 1.4%, which is lower than the industry average of 3.1%. Sustainability & Growth Dividend is well covered by both earnings (40% earnings payout ratio) and cash flows (48% cash payout ratio). The dividend has increased by an average of 12% per year over the past 3 years and payments have been stable during that time. Earnings per share has grown by 1.5% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. 공시 • Jun 25
Guangdong Shunkong Development Co.,Ltd. Announces Final Cash Dividend Plan for 2023 on A Shares, Payable on June 28, 2024 Guangdong Shunkong Development Co.,Ltd. announced 2023 final profit distribution plan to be implemented (A shares): Cash dividend/10 shares (tax included) of CNY 1.73000000. Record date is June 27, 2024. Ex-date is June 28, 2024. Payment date is June 28, 2024. 공시 • May 11
Guangdong Shunkong Development Co.,Ltd. Approves Cash Dividend for the Year 2023 Guangdong Shunkong Development Co.,Ltd. at its Annual General Meeting held on 09 May 2024, approved cash dividend/10 shares (tax included) of CNY 1.73000000 for the year 2023. Reported Earnings • Apr 26
First quarter 2024 earnings released: EPS: CN¥0.082 (vs CN¥0.05 in 1Q 2023) First quarter 2024 results: EPS: CN¥0.082 (up from CN¥0.05 in 1Q 2023). Revenue: CN¥404.8m (up 35% from 1Q 2023). Net income: CN¥50.5m (up 73% from 1Q 2023). Profit margin: 13% (up from 9.7% in 1Q 2023). The increase in margin was driven by higher revenue. Reported Earnings • Apr 20
Full year 2023 earnings released: EPS: CN¥0.39 (vs CN¥0.39 in FY 2022) Full year 2023 results: EPS: CN¥0.39 (up from CN¥0.39 in FY 2022). Revenue: CN¥1.46b (up 10% from FY 2022). Net income: CN¥243.6m (up 2.1% from FY 2022). Profit margin: 17% (down from 18% in FY 2022). The decrease in margin was driven by higher expenses. 공시 • Apr 20
Guangdong Shunkong Development Co.,Ltd., Annual General Meeting, May 09, 2024 Guangdong Shunkong Development Co.,Ltd., Annual General Meeting, May 09, 2024, at 16:00 China Standard Time. Location: 20F, Building 1, No. 4, Guanlv Road, Xincheng Area, Dehe Community Residents Committee, Daliang Subdistrict Office, Shunde District, Foshan, Guangdong China 공시 • Mar 30
Guangdong Shunkong Development Co.,Ltd. to Report Q1, 2024 Results on Apr 26, 2024 Guangdong Shunkong Development Co.,Ltd. announced that they will report Q1, 2024 results on Apr 26, 2024 Valuation Update With 7 Day Price Move • Feb 02
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to CN¥11.95, the stock trades at a trailing P/E ratio of 30.4x. Average trailing P/E is 17x in the Water Utilities industry in China. Total loss to shareholders of 33% over the past year. 공시 • Dec 29
Guangdong Shunkong Development Co.,Ltd. to Report Fiscal Year 2023 Results on Apr 19, 2024 Guangdong Shunkong Development Co.,Ltd. announced that they will report fiscal year 2023 results on Apr 19, 2024 Board Change • Dec 23
Less than half of directors are independent There are 5 new directors who have joined the board in the last 3 years. Of these new board members, 3 were independent directors. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent Director Fang Xu 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. Lack of board continuity. New Risk • Oct 30
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 6.5% 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. 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 (6.5% average weekly change). Valuation Update With 7 Day Price Move • Oct 30
Investor sentiment improves as stock rises 34% After last week's 34% share price gain to CN¥18.98, the stock trades at a trailing P/E ratio of 48.3x. Average trailing P/E is 18x in the Water Utilities industry in China. Total returns to shareholders of 15% over the past year. Reported Earnings • Oct 24
Third quarter 2023 earnings released: EPS: CN¥0.15 (vs CN¥0.12 in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.15 (up from CN¥0.12 in 3Q 2022). Revenue: CN¥414.1m (up 15% from 3Q 2022). Net income: CN¥93.7m (up 29% from 3Q 2022). Profit margin: 23% (up from 20% in 3Q 2022). The increase in margin was driven by higher revenue. 공시 • Sep 30
Guangdong Shunkong Development Co.,Ltd. to Report Q3, 2023 Results on Oct 24, 2023 Guangdong Shunkong Development Co.,Ltd. announced that they will report Q3, 2023 results on Oct 24, 2023 Reported Earnings • Aug 24
Second quarter 2023 earnings released: EPS: CN¥0.098 (vs CN¥0.09 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.098 (up from CN¥0.09 in 2Q 2022). Revenue: CN¥358.6m (up 10% from 2Q 2022). Net income: CN¥61.2m (up 6.3% from 2Q 2022). Profit margin: 17% (in line with 2Q 2022). Upcoming Dividend • Jun 20
Upcoming dividend of CN¥0.11 per share at 0.7% yield Eligible shareholders must have bought the stock before 27 June 2023. Payment date: 27 June 2023. Payout ratio is a comfortable 31% and this is well supported by cash flows. Trailing yield: 0.7%. Lower than top quartile of Chinese dividend payers (2.0%). Lower than average of industry peers (3.0%). Reported Earnings • Apr 20
Full year 2022 earnings released: EPS: CN¥0.39 (vs CN¥0.45 in FY 2021) Full year 2022 results: EPS: CN¥0.39 (down from CN¥0.45 in FY 2021). Revenue: CN¥1.32b (down 1.4% from FY 2021). Net income: CN¥238.3m (down 13% from FY 2021). Profit margin: 18% (down from 20% in FY 2021). The decrease in margin was primarily driven by higher expenses. Valuation Update With 7 Day Price Move • Nov 30
Investor sentiment improved over the past week After last week's 16% share price gain to CN¥19.68, the stock trades at a trailing P/E ratio of 47.8x. Average trailing P/E is 17x in the Water Utilities industry in China. Board Change • Nov 16
High number of new and inexperienced directors There are 7 new directors who have joined the board in the last 3 years. The company's board is composed of: 7 new directors. 4 experienced directors. No highly experienced directors. GM & Chairman Haiyan Chen is the most experienced director on the board, commencing their role in 2015. 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 25
Third quarter 2022 earnings released: EPS: CN¥0.12 (vs CN¥0.14 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.12 (down from CN¥0.14 in 3Q 2021). Revenue: CN¥360.3m (up 1.6% from 3Q 2021). Net income: CN¥72.4m (down 18% from 3Q 2021). Profit margin: 20% (down from 25% in 3Q 2021). The decrease in margin was driven by higher expenses. Reported Earnings • Aug 25
Second quarter 2022 earnings released: EPS: CN¥0.09 (vs CN¥0.089 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.09 (up from CN¥0.089 in 2Q 2021). Revenue: CN¥324.8m (flat on 2Q 2021). Net income: CN¥57.6m (up 7.4% from 2Q 2021). Profit margin: 18% (up from 17% in 2Q 2021). Valuation Update With 7 Day Price Move • May 20
Investor sentiment deteriorated over the past week After last week's 16% share price decline to CN¥18.11, the stock trades at a trailing P/E ratio of 42x. Average trailing P/E is 15x in the Water Utilities industry in China. Board Change • Apr 27
High number of new directors There are 6 new directors who have joined the board in the last 3 years. Non Independent Director Weifeng Liang was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Apr 19
Full year 2021 earnings released: EPS: CN¥0.45 (vs CN¥0.48 in FY 2020) Full year 2021 results: EPS: CN¥0.45. Revenue: CN¥1.34b (up 8.4% from FY 2020). Net income: CN¥273.4m (up 2.0% from FY 2020). Profit margin: 20% (down from 22% in FY 2020). The decrease in margin was driven by higher expenses. Valuation Update With 7 Day Price Move • Feb 12
Investor sentiment improved over the past week After last week's 20% share price gain to CN¥29.86, the stock trades at a trailing P/E ratio of 67.3x. Average trailing P/E is 22x in the Water Utilities industry in China. Valuation Update With 7 Day Price Move • Jan 26
Investor sentiment deteriorated over the past week After last week's 15% share price decline to CN¥25.30, the stock trades at a trailing P/E ratio of 57.1x. Average trailing P/E is 22x in the Water Utilities industry in China. Board Change • Jan 11
High number of new directors There are 6 new directors who have joined the board in the last 3 years. Non Independent Director Weifeng Liang was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.