Aankondiging • Jun 30
Western Superconducting Technologies Co., Ltd. to Report First Half, 2026 Results on Aug 27, 2026 Western Superconducting Technologies Co., Ltd. announced that they will report first half, 2026 results on Aug 27, 2026 New Risk • Jun 29
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 8.8% 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 Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (8.8% average weekly change). Large one-off items impacting financial results. Valuation Update With 7 Day Price Move • Jun 10
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to CN¥53.90, the stock trades at a forward P/E ratio of 35x. Average forward P/E is 16x in the Metals and Mining industry in China. Total returns to shareholders of 3.3% over the past three years. Aankondiging • Jun 05
Western Superconducting Technologies Co., Ltd., Annual General Meeting, Jun 26, 2026 Western Superconducting Technologies Co., Ltd., Annual General Meeting, Jun 26, 2026, at 14:30 China Standard Time. Valuation Update With 7 Day Price Move • May 25
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥73.29, the stock trades at a forward P/E ratio of 45x. Average forward P/E is 17x in the Metals and Mining industry in China. Total returns to shareholders of 32% over the past three years. New Risk • Apr 25
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 22% 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. This is currently the only risk that has been identified for the company. Reported Earnings • Apr 24
Full year 2025 earnings: EPS and revenues miss analyst expectations Full year 2025 results: EPS: CN¥1.29 (up from CN¥1.23 in FY 2024). Revenue: CN¥5.23b (up 13% from FY 2024). Net income: CN¥839.3m (up 4.8% from FY 2024). Profit margin: 16% (down from 17% in FY 2024). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 5.2%. Earnings per share (EPS) also missed analyst estimates by 16%. Revenue is forecast to grow 19% p.a. on average during the next 2 years, compared to a 12% growth forecast for the Metals and Mining industry in China. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings. Aankondiging • Mar 30
Western Superconducting Technologies Co., Ltd. to Report Q1, 2026 Results on Apr 29, 2026 Western Superconducting Technologies Co., Ltd. announced that they will report Q1, 2026 results on Apr 29, 2026 Reported Earnings • Mar 02
Full year 2025 earnings: EPS and revenues miss analyst expectations Full year 2025 results: EPS: CN¥1.29 (up from CN¥1.23 in FY 2024). Revenue: CN¥5.24b (up 14% from FY 2024). Net income: CN¥840.5m (up 5.0% from FY 2024). Profit margin: 16% (down from 17% in FY 2024). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 5.0%. Earnings per share (EPS) also missed analyst estimates by 16%. Revenue is forecast to grow 19% p.a. on average during the next 2 years, compared to a 11% growth forecast for the Metals and Mining industry in China. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Jan 09
Investor sentiment improves as stock rises 25% After last week's 25% share price gain to CN¥92.95, the stock trades at a forward P/E ratio of 51x. Average forward P/E is 21x in the Metals and Mining industry in China. Total returns to shareholders of 52% over the past three years. Aankondiging • Dec 26
Western Superconducting Technologies Co., Ltd. to Report Fiscal Year 2025 Results on Apr 24, 2026 Western Superconducting Technologies Co., Ltd. announced that they will report fiscal year 2025 results on Apr 24, 2026 New Risk • Nov 13
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Chinese stocks, typically moving 9.4% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (9.4% average weekly change). Minor Risk Paying a dividend despite having no free cash flows. Reported Earnings • Oct 31
Third quarter 2025 earnings released: EPS: CN¥0.16 (vs CN¥0.39 in 3Q 2024) Third quarter 2025 results: EPS: CN¥0.16 (down from CN¥0.39 in 3Q 2024). Revenue: CN¥1.27b (up 4.2% from 3Q 2024). Net income: CN¥103.5m (down 59% from 3Q 2024). Profit margin: 8.2% (down from 21% in 3Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 9.5% growth forecast for the Metals and Mining industry in China. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Oct 28
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥79.77, the stock trades at a forward P/E ratio of 45x. Average forward P/E is 21x in the Metals and Mining industry in China. Total returns to shareholders of 2.7% over the past three years. New Risk • Oct 09
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 7.8% 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 (245% cash payout ratio). Share price has been volatile over the past 3 months (7.8% average weekly change). Valuation Update With 7 Day Price Move • Oct 09
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to CN¥78.11, the stock trades at a forward P/E ratio of 44x. Average forward P/E is 20x in the Metals and Mining industry in China. Total returns to shareholders of 2.5% over the past three years. Aankondiging • Sep 30
Western Superconducting Technologies Co., Ltd. to Report Q3, 2025 Results on Oct 30, 2025 Western Superconducting Technologies Co., Ltd. announced that they will report Q3, 2025 results on Oct 30, 2025 Reported Earnings • Aug 28
Second quarter 2025 earnings released: EPS: CN¥0.58 (vs CN¥0.37 in 2Q 2024) Second quarter 2025 results: EPS: CN¥0.58 (up from CN¥0.37 in 2Q 2024). Revenue: CN¥1.65b (up 34% from 2Q 2024). Net income: CN¥376.2m (up 58% from 2Q 2024). Profit margin: 23% (up from 19% in 2Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 9.4% growth forecast for the Metals and Mining industry in China. Over the last 3 years on average, earnings per share has fallen by 10% per year whereas the company’s share price has fallen by 6% per year. Aankondiging • Jun 30
Western Superconducting Technologies Co., Ltd. to Report First Half, 2025 Results on Aug 28, 2025 Western Superconducting Technologies Co., Ltd. announced that they will report first half, 2025 results on Aug 28, 2025 Aankondiging • Jun 04
Western Superconducting Technologies Co., Ltd., Annual General Meeting, Jun 25, 2025 Western Superconducting Technologies Co., Ltd., Annual General Meeting, Jun 25, 2025, at 14:30 China Standard Time. Location: The Company's Meeting Room, Xi'an Economic and Technological Development Zone, Shaanxi China Reported Earnings • Apr 22
First quarter 2025 earnings released: EPS: CN¥0.26 (vs CN¥0.17 in 1Q 2024) First quarter 2025 results: EPS: CN¥0.26 (up from CN¥0.17 in 1Q 2024). Revenue: CN¥1.07b (up 35% from 1Q 2024). Net income: CN¥170.0m (up 54% from 1Q 2024). Profit margin: 16% (up from 14% in 1Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Metals and Mining industry in China. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has remained flat, which means it is well ahead of earnings. Aankondiging • Mar 28
Western Superconducting Technologies Co., Ltd. to Report Q1, 2025 Results on Apr 30, 2025 Western Superconducting Technologies Co., Ltd. announced that they will report Q1, 2025 results on Apr 30, 2025 Reported Earnings • Feb 27
Full year 2024 earnings: EPS and revenues miss analyst expectations Full year 2024 results: EPS: CN¥1.25 (up from CN¥1.16 in FY 2023). Revenue: CN¥4.64b (up 12% from FY 2023). Net income: CN¥809.8m (up 7.6% from FY 2023). Profit margin: 17% (in line with FY 2023). Revenue missed analyst estimates by 2.3%. Earnings per share (EPS) also missed analyst estimates by 5.9%. Revenue is forecast to grow 20% p.a. on average during the next 2 years, compared to a 10% growth forecast for the Metals and Mining industry in China. Over the last 3 years on average, earnings per share has fallen by 9% per year and the company’s share price has also fallen by 9% per year. Aankondiging • Dec 27
Western Superconducting Technologies Co., Ltd. to Report Fiscal Year 2024 Results on Apr 15, 2025 Western Superconducting Technologies Co., Ltd. announced that they will report fiscal year 2024 results on Apr 15, 2025 Price Target Changed • Nov 02
Price target increased by 35% to CN¥58.82 Up from CN¥43.42, the current price target is provided by 1 analyst. New target price is 19% above last closing price of CN¥49.23. Stock is up 7.7% over the past year. The company is forecast to post earnings per share of CN¥1.35 for next year compared to CN¥1.16 last year. Reported Earnings • Oct 31
Third quarter 2024 earnings released: EPS: CN¥0.39 (vs CN¥0.25 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.39 (up from CN¥0.25 in 3Q 2023). Revenue: CN¥1.21b (up 24% from 3Q 2023). Net income: CN¥255.2m (up 58% from 3Q 2023). Profit margin: 21% (up from 17% in 3Q 2023). Revenue is forecast to grow 22% p.a. on average during the next 3 years, compared to a 9.6% growth forecast for the Metals and Mining industry in China. Over the last 3 years on average, earnings per share has fallen by 5% per year whereas the company’s share price has fallen by 4% per year. New Risk • Sep 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 7.3% 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 Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (7.3% average weekly change). Large one-off items impacting financial results. Aankondiging • Sep 30
Western Superconducting Technologies Co., Ltd. to Report Q3, 2024 Results on Oct 31, 2024 Western Superconducting Technologies Co., Ltd. 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 19% After last week's 19% share price gain to CN¥39.23, the stock trades at a forward P/E ratio of 26x. Average forward P/E is 13x in the Metals and Mining industry in China. Total loss to shareholders of 20% over the past three years. New Risk • Aug 31
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 34% 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 Paying a dividend despite having no free cash flows. Large one-off items impacting financial results. Reported Earnings • Aug 30
Second quarter 2024 earnings released: EPS: CN¥0.37 (vs CN¥0.33 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.37 (up from CN¥0.33 in 2Q 2023). Revenue: CN¥1.23b (up 3.1% from 2Q 2023). Net income: CN¥238.0m (up 12% from 2Q 2023). Profit margin: 19% (up from 18% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 24% p.a. on average during the next 3 years, compared to a 9.3% growth forecast for the Metals and Mining industry in China. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Jul 08
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to CN¥32.37, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 13x in the Metals and Mining industry in China. Total loss to shareholders of 31% over the past three years. Aankondiging • Jun 28
Western Superconducting Technologies Co., Ltd. to Report First Half, 2024 Results on Aug 30, 2024 Western Superconducting Technologies Co., Ltd. announced that they will report first half, 2024 results on Aug 30, 2024 Reported Earnings • May 01
First quarter 2024 earnings released: EPS: CN¥0.17 (vs CN¥0.32 in 1Q 2023) First quarter 2024 results: EPS: CN¥0.17 (down from CN¥0.32 in 1Q 2023). Revenue: CN¥793.6m (down 14% from 1Q 2023). Net income: CN¥110.5m (down 47% from 1Q 2023). Profit margin: 14% (down from 23% in 1Q 2023). Revenue is forecast to grow 23% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Metals and Mining industry in China. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. Major Estimate Revision • Apr 05
Consensus revenue estimates fall by 14% The consensus outlook for revenues in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from CN¥5.93b to CN¥5.10b. EPS estimate fell from CN¥1.91 to CN¥1.45 per share. Net income forecast to grow 25% next year vs 34% growth forecast for Metals and Mining industry in China. Consensus price target down from CN¥57.66 to CN¥51.49. Share price rose 5.9% to CN¥39.00 over the past week. Reported Earnings • Apr 01
Full year 2023 earnings: EPS and revenues miss analyst expectations Full year 2023 results: EPS: CN¥1.16 (down from CN¥1.66 in FY 2022). Revenue: CN¥4.16b (down 1.6% from FY 2022). Net income: CN¥752.4m (down 30% from FY 2022). Profit margin: 18% (down from 26% in FY 2022). The decrease in margin was primarily driven by higher expenses. Revenue missed analyst estimates by 2.0%. Earnings per share (EPS) also missed analyst estimates by 15%. Revenue is forecast to grow 22% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Metals and Mining industry in China. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. Aankondiging • Mar 29
Western Superconducting Technologies Co., Ltd. to Report Q1, 2024 Results on Apr 30, 2024 Western Superconducting Technologies Co., Ltd. announced that they will report Q1, 2024 results on Apr 30, 2024 Reported Earnings • Feb 26
Full year 2023 earnings released: EPS: CN¥1.16 (vs CN¥1.66 in FY 2022) Full year 2023 results: EPS: CN¥1.16 (down from CN¥1.66 in FY 2022). Revenue: CN¥4.16b (down 1.6% from FY 2022). Net income: CN¥753.2m (down 30% from FY 2022). Profit margin: 18% (down from 26% in FY 2022). The decrease in margin was primarily driven by higher expenses. Revenue is forecast to grow 28% p.a. on average during the next 2 years, compared to a 11% growth forecast for the Metals and Mining industry in China. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Feb 08
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to CN¥41.88, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 11x in the Metals and Mining industry in China. Total loss to shareholders of 4.6% over the past three years. Valuation Update With 7 Day Price Move • Jan 09
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to CN¥45.36, the stock trades at a forward P/E ratio of 25x. Average forward P/E is 13x in the Metals and Mining industry in China. Total loss to shareholders of 8.3% over the past three years. Major Estimate Revision • Nov 06
Consensus revenue estimates fall by 14% The consensus outlook for revenues in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from CN¥5.07b to CN¥4.38b. EPS estimate fell from CN¥1.70 to CN¥1.49 per share. Net income forecast to grow 63% next year vs 60% growth forecast for Metals and Mining industry in China. Consensus price target down from CN¥60.47 to CN¥57.66. Share price fell 2.4% to CN¥45.69 over the past week. Reported Earnings • Nov 01
Third quarter 2023 earnings released: EPS: CN¥0.25 (vs CN¥0.47 in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.25 (down from CN¥0.47 in 3Q 2022). Revenue: CN¥976.2m (down 18% from 3Q 2022). Net income: CN¥161.5m (down 47% from 3Q 2022). Profit margin: 17% (down from 26% in 3Q 2022). Revenue is forecast to grow 32% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Metals and Mining industry in China. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth. Reported Earnings • Aug 31
Second quarter 2023 earnings released: EPS: CN¥0.33 (vs CN¥0.52 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.33 (down from CN¥0.52 in 2Q 2022). Revenue: CN¥1.19b (flat on 2Q 2022). Net income: CN¥212.8m (down 37% from 2Q 2022). Profit margin: 18% (down from 28% in 2Q 2022). Revenue is forecast to grow 26% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Metals and Mining industry in China. Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth. Reported Earnings • Mar 29
Full year 2022 earnings: Revenues exceed analysts expectations while EPS lags behind Full year 2022 results: EPS: CN¥2.33 (up from CN¥1.68 in FY 2021). Revenue: CN¥4.23b (up 44% from FY 2021). Net income: CN¥1.08b (up 46% from FY 2021). Profit margin: 26% (in line with FY 2021). Revenue exceeded analyst estimates by 2.8%. Earnings per share (EPS) missed analyst estimates by 1.7%. Revenue is forecast to grow 22% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Metals and Mining industry in China. Over the last 3 years on average, earnings per share has increased by 57% per year but the company’s share price has only increased by 37% per year, which means it is significantly lagging earnings growth. Price Target Changed • Mar 28
Price target decreased by 12% to CN¥126 Down from CN¥142, the current price target is an average from 2 analysts. New target price is 58% above last closing price of CN¥79.40. Stock is down 7.9% over the past year. The company is forecast to post earnings per share of CN¥3.08 for next year compared to CN¥2.33 last year. Reported Earnings • Mar 01
Full year 2022 earnings: Revenues exceed analysts expectations while EPS lags behind Full year 2022 results: EPS: CN¥2.33 (up from CN¥1.68 in FY 2021). Revenue: CN¥4.22b (up 44% from FY 2021). Net income: CN¥1.08b (up 46% from FY 2021). Profit margin: 26% (in line with FY 2021). Revenue exceeded analyst estimates by 2.7%. Earnings per share (EPS) missed analyst estimates by 1.4%. Revenue is forecast to grow 26% p.a. on average during the next 2 years, compared to a 12% growth forecast for the Metals and Mining industry in China. Over the last 3 years on average, earnings per share has increased by 57% per year but the company’s share price has only increased by 33% per year, which means it is significantly lagging earnings growth. Board Change • Nov 16
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. 6 non-independent directors. Independent Director Junrui Zhang 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. Reported Earnings • Oct 25
Third quarter 2022 earnings released: EPS: CN¥0.66 (vs CN¥0.51 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.66 (up from CN¥0.51 in 3Q 2021). Revenue: CN¥1.18b (up 42% from 3Q 2021). Net income: CN¥306.0m (up 36% from 3Q 2021). Profit margin: 26% (down from 27% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 28% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Metals and Mining industry in China. Over the last 3 years on average, earnings per share has increased by 61% per year but the company’s share price has only increased by 52% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Oct 17
Investor sentiment improved over the past week After last week's 16% share price gain to CN¥118, the stock trades at a forward P/E ratio of 43x. Average forward P/E is 14x in the Metals and Mining industry in China. Total returns to shareholders of 271% over the past three years. Reported Earnings • Aug 20
Second quarter 2022 earnings released: EPS: CN¥0.73 (vs CN¥0.42 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.73 (up from CN¥0.42 in 2Q 2021). Revenue: CN¥1.20b (up 66% from 2Q 2021). Net income: CN¥337.4m (up 82% from 2Q 2021). Profit margin: 28% (up from 26% in 2Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 24%, compared to a 32% growth forecast for the Metals and Mining industry in China. Over the last 3 years on average, earnings per share has increased by 63% per year but the company’s share price has only increased by 32% per year, which means it is significantly lagging earnings growth. Reported Earnings • May 02
First quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behind First quarter 2022 results: EPS: CN¥0.46 (up from CN¥0.29 in 1Q 2021). Revenue: CN¥887.5m (up 67% from 1Q 2021). Net income: CN¥215.0m (up 67% from 1Q 2021). Profit margin: 24% (in line with 1Q 2021). Revenue missed analyst estimates by 3.5%. Earnings per share (EPS) exceeded analyst estimates by 4.2%. Over the next year, revenue is forecast to grow 28%, compared to a 27% growth forecast for the industry in China. Board Change • Apr 27
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. 12 experienced directors. No highly experienced directors. 3 independent directors (6 non-independent directors). Independent Director Junrui Zhang 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. Reported Earnings • Mar 02
Full year 2021 earnings: EPS and revenues miss analyst expectations Full year 2021 results: EPS: CN¥1.68 (up from CN¥0.84 in FY 2020). Revenue: CN¥2.93b (up 39% from FY 2020). Net income: CN¥743.0m (up 100% from FY 2020). Profit margin: 25% (up from 18% in FY 2020). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 3.2%. Earnings per share (EPS) also missed analyst estimates by 100%. Over the next year, revenue is forecast to grow 32%, compared to a 10,607% growth forecast for the mining industry in China. Valuation Update With 7 Day Price Move • Feb 28
Investor sentiment improved over the past week After last week's 16% share price gain to CN¥85.93, the stock trades at a forward P/E ratio of 44x. Average forward P/E is 19x in the Metals and Mining industry in China. Total returns to shareholders of 44% over the past year. Simply Wall St's valuation model estimates the intrinsic value at CN¥154 per share. Reported Earnings • Oct 23
Third quarter 2021 earnings released: EPS CN¥0.51 (vs CN¥0.32 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: CN¥834.9m (up 48% from 3Q 2020). Net income: CN¥224.6m (up 61% from 3Q 2020). Profit margin: 27% (up from 25% in 3Q 2020). The increase in margin was driven by higher revenue. Valuation Update With 7 Day Price Move • Aug 23
Investor sentiment improved over the past week After last week's 16% share price gain to CN¥95.40, the stock trades at a forward P/E ratio of 61x. Average forward P/E is 19x in the Metals and Mining industry in China. Total returns to shareholders of 129% over the past year. Simply Wall St's valuation model estimates the intrinsic value at CN¥146 per share. Valuation Update With 7 Day Price Move • Aug 05
Investor sentiment improved over the past week After last week's 15% share price gain to CN¥85.16, the stock trades at a forward P/E ratio of 55x. Average forward P/E is 19x in the Metals and Mining industry in China. Total returns to shareholders of 107% over the past year. Simply Wall St's valuation model estimates the intrinsic value at CN¥144 per share. Reported Earnings • Jul 30
Second quarter 2021 earnings released: EPS CN¥0.42 (vs CN¥0.21 in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CN¥722.8m (up 18% from 2Q 2020). Net income: CN¥184.9m (up 87% from 2Q 2020). Profit margin: 26% (up from 16% in 2Q 2020). The increase in margin was driven by higher revenue. Valuation Update With 7 Day Price Move • Jun 23
Investor sentiment improved over the past week After last week's 16% share price gain to CN¥64.54, the stock trades at a forward P/E ratio of 48x. Average forward P/E is 18x in the Metals and Mining industry in China. Total returns to shareholders of 85% over the past year. Reported Earnings • Apr 27
First quarter 2021 earnings released: EPS CN¥0.29 (vs CN¥0.08 in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: CN¥533.0m (up 56% from 1Q 2020). Net income: CN¥128.4m (up 283% from 1Q 2020). Profit margin: 24% (up from 9.8% in 1Q 2020). The increase in margin was driven by higher revenue. Reported Earnings • Mar 31
Full year 2020 earnings released: EPS CN¥0.84 (vs CN¥0.38 in FY 2019) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: CN¥2.11b (up 46% from FY 2019). Net income: CN¥371.0m (up 135% from FY 2019). Profit margin: 18% (up from 11% in FY 2019). The increase in margin was driven by higher revenue. Valuation Update With 7 Day Price Move • Mar 09
Investor sentiment deteriorated over the past week After last week's 24% share price decline to CN¥45.77, the stock is trading at a trailing P/E ratio of 54.4x, down from the previous P/E ratio of 71.5x. This compares to an average P/E of 33x in the Metals and Mining industry in China. Total returns to shareholders over the past year are 23%. Is New 90 Day High Low • Mar 04
New 90-day low: CN¥56.80 The company is down 4.0% from its price of CN¥58.98 on 04 December 2020. The Chinese market is up 4.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Metals and Mining industry, which is up 18% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥2.41 per share. Is New 90 Day High Low • Dec 23
New 90-day high: CN¥71.45 The company is up 28% from its price of CN¥55.88 on 24 September 2020. The Chinese market is up 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 9.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥2.41 per share. Is New 90 Day High Low • Dec 07
New 90-day high: CN¥61.20 The company is up 18% from its price of CN¥51.73 on 08 September 2020. The Chinese market is up 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 8.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥2.16 per share. Aankondiging • Oct 30
Western Superconducting Technologies Co., Ltd. to Report Q3, 2020 Results on Oct 30, 2020 Western Superconducting Technologies Co., Ltd. announced that they will report Q3, 2020 results on Oct 30, 2020 Is New 90 Day High Low • Oct 10
New 90-day high: CN¥59.84 The company is up 40% from its price of CN¥42.77 on 10 July 2020. The Chinese market is down 4.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is down 6.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥2.36 per share. Aankondiging • Jul 18
Western Superconducting Technologies Co., Ltd. to Report First Half, 2020 Results on Aug 31, 2020 Western Superconducting Technologies Co., Ltd. announced that they will report first half, 2020 results on Aug 31, 2020