Valuation Update With 7 Day Price Move • Aug 07
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to CN¥60.08, the stock trades at a forward P/E ratio of 43x. Average forward P/E is 18x in the Chemicals industry in China. Total returns to shareholders of 216% over the past three years. Aankondiging • Jul 22
GCH Technology Co., Ltd. (SHSE:688625) announces an Equity Buyback for CNY 150 million worth of its shares. GCH Technology Co., Ltd. (SHSE:688625) announces a share repurchase program. Under the program, the company will repurchase not more than CNY 150 million worth of its A shares. The shares will be repurchased at a price of not more than CNY 122 per share. The purpose of the program is to maintain the Company’s value and shareholder rights. The shares will be sold 12 months after the completion of the repurchase and within 3 years after the completion of the repurchase. Shares not sold will be cancelled. The plan will be valid for 12 months from the Company's Directorate's Approval Date. Valuation Update With 7 Day Price Move • Jul 22
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to CN¥56.00, the stock trades at a forward P/E ratio of 40x. Average forward P/E is 17x in the Chemicals industry in China. Total returns to shareholders of 180% over the past three years. Board Change • Jul 14
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. 3 experienced directors. 3 highly experienced directors. 3 independent directors (4 non-independent directors). Independent Director Zhanwen Que was the last independent director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Aankondiging • Jun 30
GCH Technology Co., Ltd. to Report First Half, 2026 Results on Aug 31, 2026 GCH Technology Co., Ltd. announced that they will report first half, 2026 results on Aug 31, 2026 Aankondiging • Apr 30
GCH Technology Co., Ltd., Annual General Meeting, May 20, 2026 GCH Technology Co., Ltd., Annual General Meeting, May 20, 2026, at 14:30 China Standard Time. Location: No. 6, Zhujiang East Road, Tianhe District, Guangzhou, Guangdong China Aankondiging • Apr 16
Jiayi Chongyang No. 1 Private Securities Investment Fund managed by Shenzhen Jiayi Asset Management Co., Ltd. cancelled the acquisition of 5.20% stake in GCH Technology Co., Ltd. (SHSE:688625) from Zhao Wenlin. Jiayi Chongyang No. 1 Private Securities Investment Fund managed by Shenzhen Jiayi Asset Management Co., Ltd. agreed to acquire 5.20% stake in GCH Technology Co., Ltd. (SHSE:688625) from Zhao Wenlin for approximately CNY 280 million on September 26, 2025. A cash consideration will be paid by Jiayi Chongyang No. 1 Private Securities Investment Fund and Shenzhen Jiayi Asset Management Co., Ltd. As part of consideration, an undisclosed value is paid towards common equity of GCH Technology Co., Ltd.
Jiayi Chongyang No. 1 Private Securities Investment Fund managed by Shenzhen Jiayi Asset Management Co., Ltd. cancelled the acquisition of 5.20% stake in GCH Technology Co., Ltd. (SHSE:688625) from Zhao Wenlin on April 14, 2026. Valuation Update With 7 Day Price Move • Apr 10
Investor sentiment improves as stock rises 22% After last week's 22% share price gain to CN¥64.40, the stock trades at a forward P/E ratio of 35x. Average forward P/E is 23x in the Chemicals industry in China. Total returns to shareholders of 106% over the past three years. Aankondiging • Mar 30
GCH Technology Co., Ltd. to Report Q1, 2026 Results on Apr 30, 2026 GCH Technology Co., Ltd. announced that they will report Q1, 2026 results on Apr 30, 2026 Valuation Update With 7 Day Price Move • Mar 09
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to CN¥61.08, the stock trades at a forward P/E ratio of 33x. Average forward P/E is 25x in the Chemicals industry in China. Total returns to shareholders of 78% over the past three years. Reported Earnings • Mar 04
Full year 2025 earnings: EPS and revenues miss analyst expectations Full year 2025 results: EPS: CN¥1.50 (up from CN¥1.32 in FY 2024). Revenue: CN¥987.7m (up 12% from FY 2024). Net income: CN¥281.6m (up 13% from FY 2024). Profit margin: 28% (in line with FY 2024). Revenue missed analyst estimates by 6.6%. Earnings per share (EPS) also missed analyst estimates by 8.3%. Revenue is forecast to grow 16% p.a. on average during the next 2 years, compared to a 16% growth forecast for the Chemicals 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 increased by 23% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Feb 05
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to CN¥72.60, the stock trades at a forward P/E ratio of 39x. Average forward P/E is 26x in the Chemicals industry in China. Total returns to shareholders of 93% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥119 per share. New Risk • Jan 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 7.1% 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 (148% cash payout ratio). Share price has been volatile over the past 3 months (7.1% average weekly change). Price Target Changed • Jan 07
Price target decreased by 14% to CN¥30.00 Down from CN¥34.81, the current price target is provided by 1 analyst. New target price is 42% below last closing price of CN¥51.96. Stock is up 94% over the past year. The company is forecast to post earnings per share of CN¥1.63 for next year compared to CN¥1.32 last year. Aankondiging • Dec 26
GCH Technology Co., Ltd. to Report Fiscal Year 2025 Results on Apr 30, 2026 GCH Technology Co., Ltd. announced that they will report fiscal year 2025 results on Apr 30, 2026 Reported Earnings • Oct 30
Third quarter 2025 earnings released: EPS: CN¥0.43 (vs CN¥0.37 in 3Q 2024) Third quarter 2025 results: EPS: CN¥0.43 (up from CN¥0.37 in 3Q 2024). Revenue: CN¥268.9m (up 15% from 3Q 2024). Net income: CN¥80.5m (up 15% from 3Q 2024). Profit margin: 30% (in line with 3Q 2024). Revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Chemicals industry in China. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Sep 30
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to CN¥37.96, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 23x in the Chemicals industry in China. Total returns to shareholders of 8.8% over the past three years. Aankondiging • Sep 30
GCH Technology Co., Ltd. to Report Q3, 2025 Results on Oct 30, 2025 GCH Technology Co., Ltd. announced that they will report Q3, 2025 results on Oct 30, 2025 Reported Earnings • Aug 19
Second quarter 2025 earnings released: EPS: CN¥0.40 (vs CN¥0.34 in 2Q 2024) Second quarter 2025 results: EPS: CN¥0.40 (up from CN¥0.34 in 2Q 2024). Revenue: CN¥250.9m (up 13% from 2Q 2024). Net income: CN¥75.8m (up 15% from 2Q 2024). Profit margin: 30% (in line with 2Q 2024). Revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Chemicals industry in China. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Aankondiging • Jun 30
GCH Technology Co., Ltd. to Report First Half, 2025 Results on Aug 16, 2025 GCH Technology Co., Ltd. announced that they will report first half, 2025 results on Aug 16, 2025 Reported Earnings • Apr 30
Full year 2024 earnings: EPS and revenues miss analyst expectations Full year 2024 results: EPS: CN¥1.85 (up from CN¥1.68 in FY 2023). Revenue: CN¥882.1m (up 10% from FY 2023). Net income: CN¥250.3m (up 11% from FY 2023). Profit margin: 28% (in line with FY 2023). Revenue missed analyst estimates by 6.1%. Earnings per share (EPS) also missed analyst estimates by 5.4%. Revenue is forecast to grow 19% p.a. on average during the next 2 years, compared to a 15% growth forecast for the Chemicals industry in China. Over the last 3 years on average, earnings per share has increased by 13% per year whereas the company’s share price has increased by 9% per year. Aankondiging • Apr 30
GCH Technology Co., Ltd., Annual General Meeting, May 20, 2025 GCH Technology Co., Ltd., Annual General Meeting, May 20, 2025, at 14:30 China Standard Time. Location: No. 6, Zhujiang East Road, Tianhe District, Guangzhou, Guangdong China Aankondiging • Apr 09
GCH Technology Co., Ltd. (SHSE:688625) signed a letter of intent to acquire 51% stake in Wuhu yingri Technology Co., Ltd. from Wuhu Yingxin Enterprise Management Partnership, Tianjin Meitai Vacuum Technology Co., Ltd., Zhang Bing and Luo Yongchun. GCH Technology Co., Ltd. (SHSE:688625) signed a letter of intent to acquire 51% stake in Wuhu yingri Technology Co., Ltd. from Wuhu Yingxin Enterprise Management Partnership (Limited Partnership), Tianjin Meitai Vacuum Technology Co., Ltd., Zhang Bing and Luo Yongchun on April 7, 2025. A cash consideration will be paid by GCH Technology Co., Ltd. As part of consideration, an undisclosed value is paid towards common equity of Wuhu yingri Technology Co., Ltd. Valuation Update With 7 Day Price Move • Apr 09
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to CN¥48.35, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 20x in the Chemicals industry in China. Total returns to shareholders of 43% over the past three years. Aankondiging • Mar 28
GCH Technology Co., Ltd. to Report Q1, 2025 Results on Apr 30, 2025 GCH Technology Co., Ltd. announced that they will report Q1, 2025 results on Apr 30, 2025 New Risk • Mar 09
New major risk - Financial position The company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 20% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (20% operating cash flow to total debt). Minor Risk Dividend is not well covered by cash flows (108% cash payout ratio). Reported Earnings • Mar 03
Full year 2024 earnings: EPS and revenues miss analyst expectations Full year 2024 results: EPS: CN¥1.85 (up from CN¥1.68 in FY 2023). Revenue: CN¥882.1m (up 10% from FY 2023). Net income: CN¥250.2m (up 11% from FY 2023). Profit margin: 28% (in line with FY 2023). Revenue missed analyst estimates by 6.1%. Earnings per share (EPS) also missed analyst estimates by 5.4%. Revenue is forecast to grow 19% p.a. on average during the next 2 years, compared to a 16% growth forecast for the Chemicals industry in China. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. Aankondiging • Dec 27
GCH Technology Co., Ltd. to Report Fiscal Year 2024 Results on Mar 29, 2025 GCH Technology Co., Ltd. announced that they will report fiscal year 2024 results on Mar 29, 2025 Reported Earnings • Oct 25
Third quarter 2024 earnings released: EPS: CN¥0.52 (vs CN¥0.44 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.52 (up from CN¥0.44 in 3Q 2023). Revenue: CN¥234.2m (up 8.8% from 3Q 2023). Net income: CN¥70.2m (up 19% from 3Q 2023). Profit margin: 30% (up from 27% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Chemicals industry in China. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings. Aankondiging • Sep 30
GCH Technology Co., Ltd. to Report Q3, 2024 Results on Oct 25, 2024 GCH Technology Co., Ltd. announced that they will report Q3, 2024 results on Oct 25, 2024 Valuation Update With 7 Day Price Move • Sep 27
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to CN¥34.67, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 16x in the Chemicals industry in China. Total loss to shareholders of 25% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥59.21 per share. Aankondiging • Aug 23
Ru Fei completed the acquisition of an additional 7.02% stake in GCH Technology Co., Ltd. (SHSE:688625) from Shanghai Kehui Investment Management Co., Ltd. Ru Fei agreed to acquire an additional 7.02% stake in GCH Technology Co., Ltd. (SHSE:688625) from Shanghai Kehui Investment Management Co., Ltd. for approximately CNY 250 million on July 30, 2024. A cash consideration valued at CNY 26.4 per share will be paid by the buyer.
Ru Fei completed the acquisition of an additional 7.02% stake in GCH Technology Co., Ltd. (SHSE:688625) from Shanghai Kehui Investment Management Co., Ltd. on August 21, 2024 Price Target Changed • Aug 21
Price target decreased by 7.1% to CN¥45.25 Down from CN¥48.73, the current price target is an average from 2 analysts. New target price is 33% above last closing price of CN¥33.91. Stock is down 10% over the past year. The company is forecast to post earnings per share of CN¥1.95 for next year compared to CN¥1.68 last year. Reported Earnings • Aug 17
Second quarter 2024 earnings released: EPS: CN¥0.48 (vs CN¥0.43 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.48 (up from CN¥0.43 in 2Q 2023). Revenue: CN¥222.6m (up 12% from 2Q 2023). Net income: CN¥66.0m (up 15% from 2Q 2023). Profit margin: 30% (in line with 2Q 2023). Revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Chemicals industry in China. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings. Aankondiging • Jun 29
GCH Technology Co., Ltd. to Report First Half, 2024 Results on Aug 20, 2024 GCH Technology Co., Ltd. announced that they will report first half, 2024 results on Aug 20, 2024 Aankondiging • May 25
Rufei completed the acquisition of 5.91% stake in GCH Technology Co., Ltd. (SHSE:688625) from Shanghai Kehui Investment Management Co., Ltd. Rufei signed a share transfer agreement to acquire 5.91% stake in GCH Technology Co., Ltd. (SHSE:688625) from Shanghai Kehui Investment Management Co., Ltd. on April 24, 2024. The transaction has been approved by China Securities Depository and Clearing Co., Ltd.Rufei completed the acquisition of 5.91% stake in GCH Technology Co., Ltd. (SHSE:688625) from Shanghai Kehui Investment Management Co., Ltd. on May 21, 2024. Reported Earnings • Apr 24
Full year 2023 earnings: EPS and revenues miss analyst expectations Full year 2023 results: EPS: CN¥1.68 (up from CN¥1.46 in FY 2022). Revenue: CN¥799.6m (up 15% from FY 2022). Net income: CN¥226.1m (up 16% from FY 2022). Profit margin: 28% (in line with FY 2022). Revenue missed analyst estimates by 13%. Earnings per share (EPS) also missed analyst estimates by 4.5%. Revenue is forecast to grow 26% p.a. on average during the next 2 years, compared to a 16% growth forecast for the Chemicals industry in China. Aankondiging • Apr 23
GCH Technology Co., Ltd., Annual General Meeting, May 14, 2024 GCH Technology Co., Ltd., Annual General Meeting, May 14, 2024, at 14:30 China Standard Time. Location: No. 6, Zhujiang East Road, Tianhe District, Guangzhou, Guangdong China Aankondiging • Mar 29
GCH Technology Co., Ltd. to Report Q1, 2024 Results on Apr 23, 2024 GCH Technology Co., Ltd. announced that they will report Q1, 2024 results on Apr 23, 2024 Price Target Changed • Mar 23
Price target decreased by 11% to CN¥46.87 Down from CN¥52.55, the current price target is an average from 4 analysts. New target price is 40% above last closing price of CN¥33.58. Stock is down 32% over the past year. The company is forecast to post earnings per share of CN¥1.76 for next year compared to CN¥1.46 last year. Major Estimate Revision • Mar 06
Consensus EPS estimates fall by 11% The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from CN¥1.17b to CN¥1.12b. EPS estimate also fell from CN¥2.18 per share to CN¥1.94 per share. Net income forecast to grow 17% next year vs 59% growth forecast for Chemicals industry in China. Consensus price target broadly unchanged at CN¥52.55. Share price was steady at CN¥33.24 over the past week. Valuation Update With 7 Day Price Move • Feb 01
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to CN¥29.78, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 13x in the Chemicals industry in China. Total loss to shareholders of 45% over the past year. Simply Wall St's valuation model estimates the intrinsic value at CN¥51.41 per share. Aankondiging • Dec 13
GCH Technology Co., Ltd. (SHSE:688625) commences an Equity Buyback Plan for CNY 100 million worth of its shares, under the authorization approved on November 14, 2023. GCH Technology Co., Ltd. (SHSE:688625) commences share repurchases on December 12, 2023, under the program mandated by the shareholders in the Extraordinary General Meeting held on November 14, 2023. As per the mandate, the company is authorized to repurchase up to CNY 100 million worth of its shares. The price for repurchasing shares shall not exceed CNY 46.50 per share. The repurchased shares will be used for equity incentives and/or employee stock ownership plans. The repurchases will be funded using company’s own funds. The program is valid for 12 months. As of September 28, 2023, the company had 135,327,698 shares outstanding. Reported Earnings • Oct 27
Third quarter 2023 earnings released: EPS: CN¥0.44 (vs CN¥0.34 in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.44 (up from CN¥0.34 in 3Q 2022). Revenue: CN¥215.1m (up 32% from 3Q 2022). Net income: CN¥58.9m (up 31% from 3Q 2022). Profit margin: 27% (in line with 3Q 2022). Revenue is forecast to grow 33% p.a. on average during the next 3 years, compared to a 19% growth forecast for the Chemicals industry in China. Price Target Changed • Aug 25
Price target decreased by 12% to CN¥55.52 Down from CN¥62.84, the current price target is an average from 2 analysts. New target price is 52% above last closing price of CN¥36.60. Stock is down 34% over the past year. The company is forecast to post earnings per share of CN¥1.89 for next year compared to CN¥1.46 last year. Reported Earnings • Aug 18
Second quarter 2023 earnings released: EPS: CN¥0.43 (vs CN¥0.39 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.43 (up from CN¥0.39 in 2Q 2022). Revenue: CN¥199.2m (up 13% from 2Q 2022). Net income: CN¥57.5m (up 10% from 2Q 2022). Profit margin: 29% (in line with 2Q 2022). Revenue is forecast to grow 36% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Chemicals industry in China. Buying Opportunity • Jul 05
Now 22% undervalued after recent price drop Over the last 90 days, the stock is down 9.3%. The fair value is estimated to be CN¥52.94, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 17% over the last year. Earnings per share has grown by 11%. Revenue is forecast to grow by 116% in 2 years. Earnings is forecast to grow by 108% in the next 2 years. Aankondiging • Jun 28
GCH Technology Co., Ltd. to Report First Half, 2023 Results on Aug 18, 2023 GCH Technology Co., Ltd. announced that they will report first half, 2023 results on Aug 18, 2023 Buying Opportunity • May 08
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 19%. The fair value is estimated to be CN¥54.44, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 17% over the last year. Earnings per share has grown by 11%. Revenue is forecast to grow by 116% in 2 years. Earnings is forecast to grow by 108% in the next 2 years. Reported Earnings • Apr 26
First quarter 2023 earnings released: EPS: CN¥0.38 (vs CN¥0.35 in 1Q 2022) First quarter 2023 results: EPS: CN¥0.38 (up from CN¥0.35 in 1Q 2022). Revenue: CN¥170.4m (up 10% from 1Q 2022). Net income: CN¥51.3m (up 11% from 1Q 2022). Profit margin: 30% (in line with 1Q 2022). Revenue is forecast to grow 38% p.a. on average during the next 2 years, compared to a 17% growth forecast for the Chemicals industry in China. Aankondiging • Feb 01
GCH Technology Co., Ltd. (SHSE:688625) completed the acquisition of Tangshan Keao Chemical Additives Co., Ltd. from Zhang Lei and Li Xiuying. GCH Technology Co., Ltd. (SHSE:688625) entered into an agreement to acquire Tangshan Keao Chemical Additives Co., Ltd. from Zhang Lei and Li Xiuying for CNY 88.3 million on January 6, 2023. The consideration will paid in cash and in four tranches. The first two tranches will be paid by completion date and remaining two tranches of total CNY 22.08 million within two years of completion date. The board of directors of GCH Technology Co., Ltd. approved the transaction. The transaction is subject to approval from shareholders of GCH Technology and any external approval if required. Keao Chemical recorded total assets of CNY 85.81 million and net assets of CNY 70.65 million as of October 31, 2022. The transaction is expected to close on February 28, 2023. GCH Technology Co., Ltd. (SHSE:688625) completed the acquisition of Tangshan Keao Chemical Additives Co., Ltd. from Zhang Lei and Li Xiuying on January 31, 2023. Aankondiging • Jan 12
GCH Technology Co., Ltd. (SHSE:688625) entered into an agreement to acquire Tangshan Keao Chemical Additives Co., Ltd. from Zhang Lei and Li Xiuying for CNY 88.3 million GCH Technology Co., Ltd. (SHSE:688625) entered into an agreement to acquire Tangshan Keao Chemical Additives Co., Ltd. from Zhang Lei and Li Xiuying for CNY 88.3 million on January 6, 2023. The consideration will paid in cash and in four tranches. The first two tranches will be paid by completion date and remaining two tranches of total CNY 22.08 million within two years of completion date. The board of directors of GCH Technology Co., Ltd. approved the transaction. The transaction is subject to approval from shareholders of GCH Technology and any external approval if required. Keao Chemical recorded total assets of CNY 85.81 million and net assets of CNY 70.65 million as of October 31, 2022. The transaction is expected to close on February 28, 2023. Aankondiging • Jan 11
GCH Technology Co., Ltd. (SHSE:688625) agreed to acquire Tianjin Xindafeng Import and Export Trade Co., Ltd. from Zhang Qian for CNY 19.7 million. GCH Technology Co., Ltd. (SHSE:688625) agreed to acquire Tianjin Xindafeng Import and Export Trade Co., Ltd. from Zhang Qian for CNY 19.7 million on January 6, 2022. This transaction has been reviewed and approved at the 18th meeting of the 2nd Board of Directors and the 5th meeting of the 3rd Board of supervisors of GCH Technology. The transaction has also been approved by shareholders of Tianjin Xindafeng Import and Export. Tianjin Xindafeng Import and Export has a total assets of CNY 74.5143 million and net assets of CNY 19.4626 million as of October 31, 2022. Aankondiging • Jan 10
GCH Technology Co., Ltd. announced that it expects to receive CNY 150 million in funding GCH Technology Co., Ltd. announced a private placement of common shares for gross proceeds of up to CNY 150,000,000 on January 9, 2023. Board Change • Nov 16
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: 3 independent directors. 4 non-independent directors. Independent Director Yue Xin Miao was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Valuation Update With 7 Day Price Move • Oct 31
Investor sentiment deteriorated over the past week After last week's 19% share price decline to CN¥46.21, the stock trades at a forward P/E ratio of 26x. Average forward P/E is 13x in the Chemicals industry in China. Total loss to shareholders of 11% over the past year. Simply Wall St's valuation model estimates the intrinsic value at CN¥22.39 per share. Reported Earnings • Oct 25
Third quarter 2022 earnings released: EPS: CN¥0.34 (vs CN¥0.32 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.34 (up from CN¥0.32 in 3Q 2021). Revenue: CN¥162.4m (up 19% from 3Q 2021). Net income: CN¥45.0m (up 11% from 3Q 2021). Profit margin: 28% (down from 30% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 29% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Chemicals industry in China. Valuation Update With 7 Day Price Move • Aug 26
Investor sentiment improved over the past week After last week's 25% share price gain to CN¥55.40, the stock trades at a forward P/E ratio of 33x. Average forward P/E is 17x in the Chemicals industry in China. Total loss to shareholders of 8.6% over the past year. Simply Wall St's valuation model estimates the intrinsic value at CN¥25.90 per share. Reported Earnings • Aug 20
Second quarter 2022 earnings released: EPS: CN¥0.39 (vs CN¥0.38 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.39 (up from CN¥0.38 in 2Q 2021). Revenue: CN¥175.9m (up 25% from 2Q 2021). Net income: CN¥52.2m (up 33% from 2Q 2021). Profit margin: 30% (up from 28% in 2Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 34%, compared to a 41% growth forecast for the Chemicals industry in China. Valuation Update With 7 Day Price Move • Aug 08
Investor sentiment improved over the past week After last week's 17% share price gain to CN¥46.00, the stock trades at a forward P/E ratio of 29x. Average forward P/E is 17x in the Chemicals industry in China. Total loss to shareholders of 23% over the past year. Simply Wall St's valuation model estimates the intrinsic value at CN¥33.60 per share. Valuation Update With 7 Day Price Move • May 03
Investor sentiment improved over the past week After last week's 20% share price gain to CN¥38.50, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 14x in the Chemicals industry in China. Reported Earnings • Apr 28
First quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behind First quarter 2022 results: EPS: CN¥0.35. Revenue: CN¥154.5m (up 26% from 1Q 2021). Net income: CN¥46.2m (up 28% from 1Q 2021). Profit margin: 30% (in line with 1Q 2021). Revenue missed analyst estimates by 2.9%. Earnings per share (EPS) exceeded analyst estimates by 8.0%. Over the next year, revenue is forecast to grow 33%, compared to a 43% growth forecast for the industry in China. Reported Earnings • Feb 28
Full year 2021 earnings: EPS misses analyst expectations Full year 2021 results: EPS: CN¥1.35 (up from CN¥1.17 in FY 2020). Revenue: CN¥576.2m (up 25% from FY 2020). Net income: CN¥157.0m (up 35% from FY 2020). Profit margin: 27% (up from 25% in FY 2020). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 100%. Over the next year, revenue is forecast to grow 40%, compared to a 47% growth forecast for the industry in China. Valuation Update With 7 Day Price Move • Sep 27
Investor sentiment deteriorated over the past week After last week's 16% share price decline to CN¥49.04, the stock trades at a forward P/E ratio of 34x. Average forward P/E is 21x in the Chemicals industry in China. Valuation Update With 7 Day Price Move • Sep 10
Investor sentiment improved over the past week After last week's 18% share price gain to CN¥66.38, the stock trades at a forward P/E ratio of 46x. Average forward P/E is 22x in the Chemicals industry in China. Valuation Update With 7 Day Price Move • Aug 24
Investor sentiment improved over the past week After last week's 19% share price gain to CN¥64.60, the stock trades at a forward P/E ratio of 53x. Average forward P/E is 20x in the Chemicals industry in China. Valuation Update With 7 Day Price Move • Jul 23
Investor sentiment improved over the past week After last week's 16% share price gain to CN¥61.32, the stock trades at a forward P/E ratio of 51x. Average forward P/E is 20x in the Chemicals industry in China. Valuation Update With 7 Day Price Move • Jun 23
Investor sentiment improved over the past week After last week's 22% share price gain to CN¥45.35, the stock trades at a trailing P/E ratio of 37.8x. Average trailing P/E is 29x in the Chemicals industry in China.