New Risk • Jan 13
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 50% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (10% average weekly change). Earnings have declined by 68% per year over the past 5 years. Shareholders have been substantially diluted in the past year (50% increase in shares outstanding). Aankondiging • Dec 31
Gansu Yatai Industrial Developent Co.,Ltd. to Report Fiscal Year 2025 Results on Mar 31, 2026 Gansu Yatai Industrial Developent Co.,Ltd. announced that they will report fiscal year 2025 results on Mar 31, 2026 Reported Earnings • Oct 29
Third quarter 2025 earnings released: CN¥0.045 loss per share (vs CN¥0.021 loss in 3Q 2024) Third quarter 2025 results: CN¥0.045 loss per share (further deteriorated from CN¥0.021 loss in 3Q 2024). Revenue: CN¥130.1m (up 25% from 3Q 2024). Net loss: CN¥14.4m (loss widened 111% from 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 62% per year but the company’s share price has increased by 36% per year, which means it is well ahead of earnings. New Risk • Oct 15
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 9.2% 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 Risks Less than 1 year of cash runway based on free cash flow trend (-CN¥29m free cash flow). Share price has been highly volatile over the past 3 months (9.2% average weekly change). Earnings have declined by 71% per year over the past 5 years. Aankondiging • Sep 30
Gansu Yatai Industrial Developent Co.,Ltd. to Report Q3, 2025 Results on Oct 29, 2025 Gansu Yatai Industrial Developent Co.,Ltd. announced that they will report Q3, 2025 results on Oct 29, 2025 New Risk • Sep 03
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -CN¥29m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CN¥29m free cash flow). Earnings have declined by 71% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (8.0% average weekly change). Aankondiging • Jul 02
Gansu Yatai Industrial Developent Co.,Ltd. to Report First Half, 2025 Results on Aug 28, 2025 Gansu Yatai Industrial Developent Co.,Ltd. announced that they will report first half, 2025 results on Aug 28, 2025 New Risk • Jun 07
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 9.9% 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 Risks Share price has been highly volatile over the past 3 months (9.9% average weekly change). Earnings have declined by 72% per year over the past 5 years. Aankondiging • Apr 29
Gansu Yatai Industrial Developent Co.,Ltd., Annual General Meeting, May 20, 2025 Gansu Yatai Industrial Developent Co.,Ltd., Annual General Meeting, May 20, 2025, at 14:30 China Standard Time. Aankondiging • Mar 31
Gansu Yatai Industrial Developent Co.,Ltd. to Report Q1, 2025 Results on Apr 30, 2025 Gansu Yatai Industrial Developent Co.,Ltd. announced that they will report Q1, 2025 results on Apr 30, 2025 New Risk • Feb 17
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 8.5% 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: Major Risk Earnings have declined by 68% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (8.5% average weekly change). Aankondiging • Dec 31
Gansu Yatai Industrial Developent Co.,Ltd. to Report Fiscal Year 2024 Results on Apr 19, 2025 Gansu Yatai Industrial Developent Co.,Ltd. announced that they will report fiscal year 2024 results on Apr 19, 2025 Reported Earnings • Oct 30
Third quarter 2024 earnings released: CN¥0.021 loss per share (vs CN¥0.24 loss in 3Q 2023) Third quarter 2024 results: CN¥0.021 loss per share (improved from CN¥0.24 loss in 3Q 2023). Revenue: CN¥104.2m (up 63% from 3Q 2023). Net loss: CN¥6.83m (loss narrowed 91% from 3Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 111 percentage points per year, which is a significant difference in performance. Aankondiging • Sep 30
Gansu Yatai Industrial Developent Co.,Ltd. to Report Q3, 2024 Results on Oct 30, 2024 Gansu Yatai Industrial Developent Co.,Ltd. announced that they will report Q3, 2024 results on Oct 30, 2024 Reported Earnings • Aug 30
Second quarter 2024 earnings released: CN¥0.016 loss per share (vs CN¥0.019 loss in 2Q 2023) Second quarter 2024 results: CN¥0.016 loss per share (improved from CN¥0.019 loss in 2Q 2023). Revenue: CN¥139.8m (up 51% from 2Q 2023). Net loss: CN¥5.27m (loss narrowed 14% from 2Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 121 percentage points per year, which is a significant difference in performance. Aankondiging • Jun 29
Gansu Yatai Industrial Developent Co.,Ltd. to Report First Half, 2024 Results on Aug 30, 2024 Gansu Yatai Industrial Developent Co.,Ltd. announced that they will report first half, 2024 results on Aug 30, 2024 Aankondiging • Apr 21
Gansu Yatai Industrial Developent Co.,Ltd., Annual General Meeting, May 16, 2024 Gansu Yatai Industrial Developent Co.,Ltd., Annual General Meeting, May 16, 2024, at 14:30 China Standard Time. Reported Earnings • Apr 20
Full year 2023 earnings released: CN¥0.32 loss per share (vs CN¥0.004 profit in FY 2022) Full year 2023 results: CN¥0.32 loss per share (down from CN¥0.004 profit in FY 2022). Revenue: CN¥373.2m (down 32% from FY 2022). Net loss: CN¥104.3m (down CN¥105.7m from profit in FY 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 117 percentage points per year, which is a significant difference in performance. Aankondiging • Mar 30
Gansu Yatai Industrial Developent Co.,Ltd. to Report Q1, 2024 Results on Apr 30, 2024 Gansu Yatai Industrial Developent Co.,Ltd. announced that they will report Q1, 2024 results on Apr 30, 2024 New Risk • Feb 05
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 6.7% 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: Major Risk Earnings have declined by 39% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (6.7% average weekly change). New Risk • Nov 02
New major risk - Revenue and earnings growth Earnings have declined by 39% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. This is currently the only risk that has been identified for the company. Aankondiging • Sep 30
Gansu Yatai Industrial Developent Co.,Ltd. to Report Q3, 2023 Results on Oct 17, 2023 Gansu Yatai Industrial Developent Co.,Ltd. announced that they will report Q3, 2023 results on Oct 17, 2023 New Risk • Aug 13
New major risk - Financial position The company's interest payments are not well covered by earnings. Net interest cover: 2.1x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.1x net interest cover). Minor Risk Share price has been volatile over the past 3 months (6.6% average weekly change). Reported Earnings • Aug 10
Second quarter 2023 earnings released: CN¥0.019 loss per share (vs CN¥0.001 profit in 2Q 2022) Second quarter 2023 results: CN¥0.019 loss per share (down from CN¥0.001 profit in 2Q 2022). Revenue: CN¥92.7m (down 35% from 2Q 2022). Net loss: CN¥6.13m (down CN¥6.45m from profit in 2Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 56 percentage points per year, which is a significant difference in performance. 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 6.9% 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. This is currently the only risk that has been identified for the company. Aankondiging • Jul 04
Gansu Yatai Industrial Developent Co.,Ltd. announced that it expects to receive CNY 320.7 million in funding Gansu Yatai Industrial Developent Co.,Ltd. announced a private placement and it will issue common shares for gross proceeds up to CNY 320.7 million on July 3, 2023. Reported Earnings • Apr 28
First quarter 2023 earnings released: EPS: CN¥0.004 (vs CN¥0.009 loss in 1Q 2022) First quarter 2023 results: EPS: CN¥0.004 (up from CN¥0.009 loss in 1Q 2022). Revenue: CN¥118.7m (up 69% from 1Q 2022). Net income: CN¥1.38m (up CN¥4.45m from 1Q 2022). Profit margin: 1.2% (up from net loss in 1Q 2022). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings. 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. 5 experienced directors. No highly experienced directors. Independent Director Fangping Chen is the most experienced director on the board, commencing their role in 2018. 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 26
Third quarter 2022 earnings released: EPS: CN¥0.024 (vs CN¥0.009 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.024 (up from CN¥0.009 in 3Q 2021). Revenue: CN¥187.4m (up 66% from 3Q 2021). Net income: CN¥7.79m (up 179% from 3Q 2021). Profit margin: 4.2% (up from 2.5% in 3Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. Reported Earnings • Aug 26
Second quarter 2022 earnings released: EPS: CN¥0.001 (vs CN¥0.023 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.001 (down from CN¥0.023 in 2Q 2021). Revenue: CN¥143.1m (flat on 2Q 2021). Net income: CN¥327.8k (down 96% from 2Q 2021). Profit margin: 0.2% (down from 5.3% in 2Q 2021). Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth. Board Change • Apr 27
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. 5 experienced directors. No highly experienced directors. Independent Director Fangping Chen is the most experienced director on the board, commencing their role in 2018. 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 26
Third quarter 2021 earnings released: EPS CN¥0.009 (vs CN¥0.011 in 3Q 2020) The company reported a poor third quarter result with weaker earnings and profit margins, although revenues were flat. Third quarter 2021 results: Revenue: CN¥112.9m (flat on 3Q 2020). Net income: CN¥2.80m (down 22% from 3Q 2020). Profit margin: 2.5% (down from 3.2% in 3Q 2020). Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth. Aankondiging • Feb 20
Hainan Yatai Industrial Development Co., Ltd. to Report Fiscal Year 2020 Results on Mar 25, 2021 Hainan Yatai Industrial Development Co., Ltd. announced that they will report fiscal year 2020 results on Mar 25, 2021 Is New 90 Day High Low • Jan 26
New 90-day high: CN¥5.95 The company is up 16% from its price of CN¥5.15 on 28 October 2020. The Chinese market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Real Estate industry, which is down 6.0% over the same period. Is New 90 Day High Low • Jan 05
New 90-day low: CN¥4.37 The company is down 14% from its price of CN¥5.08 on 30 September 2020. The Chinese market is up 10.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Real Estate industry, which is down 8.0% over the same period. Aankondiging • Jan 01
Hainan Yatai Industrial Development Co., Ltd. Announces Board Changes Hainan Yatai Industrial Development Co., Ltd., at its EGM held on December 30, 2020, approved the following proposals: election of Jia Mingqi, Liu Xiaomin, Wang Huizhong and Liu Wei as non-independent directors and election of Zhang Jinhui and Li Zhangfa as independent directors of the company. Is New 90 Day High Low • Dec 01
New 90-day high: CN¥5.59 The company is up 2.0% from its price of CN¥5.50 on 02 September 2020. The Chinese market is down 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Real Estate industry, which is down 5.0% over the same period. Is New 90 Day High Low • Oct 30
New 90-day low: CN¥4.82 The company is down 34% from its price of CN¥7.30 on 31 July 2020. The Chinese market is down 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Real Estate industry, which is down 8.0% over the same period. Aankondiging • Aug 12
Hainan Yatai Industrial Development Co., Ltd. to Report First Half, 2020 Results on Aug 28, 2020 Hainan Yatai Industrial Development Co., Ltd. announced that they will report first half, 2020 results on Aug 28, 2020 
