Reported Earnings • May 01
First quarter 2026 earnings: EPS and revenues miss analyst expectations First quarter 2026 results: EPS: CN¥0.029 (down from CN¥0.081 in 1Q 2025). Revenue: CN¥29.4b (down 2.7% from 1Q 2025). Net income: CN¥197.7m (down 65% from 1Q 2025). Profit margin: 0.7% (down from 1.9% in 1Q 2025). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 1.3%. Earnings per share (EPS) also missed analyst estimates by 90%. Revenue is forecast to grow 4.8% 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 fallen by 33% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings. Major Estimate Revision • Apr 16
Consensus revenue estimates decrease by 11%, EPS upgraded The consensus outlook for fiscal year 2026 has been updated. 2026 revenue forecast fell from CN¥153.3b to CN¥136.8b. EPS estimate increased from CN¥0.527 to CN¥0.542 per share. Net income forecast to grow 45% next year vs 49% growth forecast for Metals and Mining industry in China. Consensus price target up from CN¥7.50 to CN¥7.80. Share price was steady at CN¥5.10 over the past week. Reported Earnings • Apr 01
Full year 2025 earnings: EPS and revenues miss analyst expectations Full year 2025 results: EPS: CN¥0.38 (up from CN¥0.29 in FY 2024). Revenue: CN¥121.7b (down 16% from FY 2024). Net income: CN¥2.61b (up 28% from FY 2024). Profit margin: 2.1% (up from 1.4% in FY 2024). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 13%. Earnings per share (EPS) also missed analyst estimates by 24%. Revenue is forecast to grow 8.5% 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 35% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings. Aankondiging • Mar 31
Hunan Valin Steel Co., Ltd. to Report Q1, 2026 Results on Apr 30, 2026 Hunan Valin Steel Co., Ltd. announced that they will report Q1, 2026 results on Apr 30, 2026 Valuation Update With 7 Day Price Move • Mar 20
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to CN¥5.24, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 21x in the Metals and Mining industry in China. Total returns to shareholders of 7.9% over the past three years. Aankondiging • Dec 31
Hunan Valin Steel Co., Ltd. to Report Fiscal Year 2025 Results on Mar 31, 2026 Hunan Valin Steel Co., Ltd. announced that they will report fiscal year 2025 results on Mar 31, 2026 Reported Earnings • Oct 28
Third quarter 2025 earnings released: EPS: CN¥0.11 (vs CN¥0.064 in 3Q 2024) Third quarter 2025 results: EPS: CN¥0.11 (up from CN¥0.064 in 3Q 2024). Revenue: CN¥32.0b (down 11% from 3Q 2024). Net income: CN¥761.5m (up 73% from 3Q 2024). Profit margin: 2.4% (up from 1.2% in 3Q 2024). The increase in margin was driven by lower expenses. Revenue is forecast to grow 4.7% 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 38% per year but the company’s share price has increased by 12% per year, which means it is well ahead of earnings. Aankondiging • Sep 30
Hunan Valin Steel Co., Ltd. to Report Q3, 2025 Results on Oct 28, 2025 Hunan Valin Steel Co., Ltd. announced that they will report Q3, 2025 results on Oct 28, 2025 Reported Earnings • Aug 19
Second quarter 2025 earnings released: EPS: CN¥0.17 (vs CN¥0.14 in 2Q 2024) Second quarter 2025 results: EPS: CN¥0.17 (up from CN¥0.14 in 2Q 2024). Revenue: CN¥32.9b (down 16% from 2Q 2024). Net income: CN¥1.19b (up 26% from 2Q 2024). Profit margin: 3.6% (up from 2.4% in 2Q 2024). The increase in margin was driven by lower expenses. Revenue is forecast to grow 5.6% 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 40% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Jul 04
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to CN¥5.03, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 17x in the Metals and Mining industry in China. Total returns to shareholders of 11% over the past three years. Aankondiging • Jul 02
Hunan Valin Steel Co., Ltd. to Report First Half, 2025 Results on Aug 28, 2025 Hunan Valin Steel Co., Ltd. announced that they will report first half, 2025 results on Aug 28, 2025 Aankondiging • May 22
Hunan Valin Steel Co., Ltd. Approves Cash Dividend for 2024 Hunan Valin Steel Co., Ltd. in its Annual General Meeting of 2024 on 20 May 2025 approved Cash dividend/10 shares (tax included): CNY 1.00000000. Reported Earnings • Apr 30
First quarter 2025 earnings released: EPS: CN¥0.081 (vs CN¥0.057 in 1Q 2024) First quarter 2025 results: EPS: CN¥0.081 (up from CN¥0.057 in 1Q 2024). Revenue: CN¥30.2b (down 18% from 1Q 2024). Net income: CN¥562.0m (up 44% from 1Q 2024). Profit margin: 1.9% (up from 1.1% in 1Q 2024). The increase in margin was driven by lower expenses. Revenue is forecast to grow 3.5% p.a. on average during the next 3 years, compared to a 9.8% growth forecast for the Metals and Mining industry in China. Over the last 3 years on average, earnings per share has fallen by 43% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings. Aankondiging • Apr 30
Hunan Valin Steel Co., Ltd., Annual General Meeting, May 20, 2025 Hunan Valin Steel Co., Ltd., Annual General Meeting, May 20, 2025, at 14:30 China Standard Time. Location: No. 222, Xiangfu West Road, Tianxin District, Changsha, Hunan China Aankondiging • Mar 31
Hunan Valin Steel Co., Ltd. to Report Q1, 2025 Results on Apr 30, 2025 Hunan Valin Steel Co., Ltd. announced that they will report Q1, 2025 results on Apr 30, 2025 Major Estimate Revision • Mar 28
Consensus EPS estimates fall by 15% The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from CN¥164.7b to CN¥149.7b. EPS estimate also fell from CN¥0.56 per share to CN¥0.477 per share. Net income forecast to grow 56% next year vs 38% growth forecast for Metals and Mining industry in China. Consensus price target up from CN¥5.56 to CN¥6.55. Share price fell 4.8% to CN¥5.14 over the past week. Price Target Changed • Mar 27
Price target increased by 18% to CN¥6.55 Up from CN¥5.56, the current price target is an average from 2 analysts. New target price is 24% above last closing price of CN¥5.30. Stock is up 3.1% over the past year. The company is forecast to post earnings per share of CN¥0.48 for next year compared to CN¥0.29 last year. Aankondiging • Mar 25
Hunan Valin Steel Co., Ltd. Proposes Final Cash Dividend for 2024 Hunan Valin Steel Co., Ltd. announced on 24 March 2025 the profit distribution proposal for 2024 as follows: Cash dividend/10 shares (tax included) is CNY 1.0. Reported Earnings • Mar 23
Full year 2024 earnings: EPS and revenues miss analyst expectations Full year 2024 results: EPS: CN¥0.29 (down from CN¥0.73 in FY 2023). Revenue: CN¥144.7b (down 12% from FY 2023). Net income: CN¥2.03b (down 60% from FY 2023). Profit margin: 1.4% (down from 3.1% in FY 2023). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 9.6%. Earnings per share (EPS) also missed analyst estimates by 30%. Revenue is forecast to grow 7.1% 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 42% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings. Aankondiging • Feb 18
Hunan Valin Steel Co., Ltd. Approves the Election of Zheng Shengbin as Non-Independent Director Hunan Valin Steel Co., Ltd. at its Extraordinary General Meeting held on 14 February 2025 approved the election of Zheng Shengbin as non-independent director. Aankondiging • Jan 23
Hunan Valin Steel Co., Ltd. (SZSE:000932) announces an Equity Buyback for CNY 400 million worth of its shares. Hunan Valin Steel Co., Ltd. (SZSE:000932) announces a share repurchase program. Under the program, the company will repurchase up to CNY 400 million worth of its shares. The shares will be repurchased at no more than CNY 5.8 per share. The repurchased shares will be cancelled. The purpose of the program is to reduce registered capital. The program will be funded using Company’s own fund. The program is subject to the approval from shareholders. The program will be valid for 12 months from the approval of shareholders. Aankondiging • Dec 31
Hunan Valin Steel Co., Ltd. to Report Fiscal Year 2024 Results on Mar 31, 2025 Hunan Valin Steel Co., Ltd. announced that they will report fiscal year 2024 results on Mar 31, 2025 New Risk • Oct 31
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 1.8% Last year net profit margin: 3.3% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. 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. Profit margins are more than 30% lower than last year (1.8% net profit margin). Aankondiging • Sep 30
Hunan Valin Steel Co., Ltd. to Report Q3, 2024 Results on Oct 31, 2024 Hunan Valin Steel Co., Ltd. announced that they will report Q3, 2024 results on Oct 31, 2024 Valuation Update With 7 Day Price Move • Sep 26
Investor sentiment improves as stock rises 22% After last week's 22% share price gain to CN¥4.23, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 13x in the Metals and Mining industry in China. Total loss to shareholders of 26% over the past three years. Major Estimate Revision • Sep 04
Consensus EPS estimates fall by 13% The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from CN¥167.5b to CN¥164.5b. EPS estimate also fell from CN¥0.735 per share to CN¥0.642 per share. Net income forecast to grow 12% next year vs 39% growth forecast for Metals and Mining industry in China. Consensus price target down from CN¥7.60 to CN¥5.01. Share price fell 6.3% to CN¥3.73 over the past week. Reported Earnings • Aug 30
Second quarter 2024 earnings released: EPS: CN¥0.14 (vs CN¥0.27 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.14 (down from CN¥0.27 in 2Q 2023). Revenue: CN¥38.9b (down 1.9% from 2Q 2023). Net income: CN¥939.8m (down 50% from 2Q 2023). Profit margin: 2.4% (down from 4.7% in 2Q 2023). Revenue is forecast to grow 3.3% 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 fallen by 33% per year but the company’s share price has only fallen by 20% per year, which means it has not declined as severely as earnings. Aankondiging • Jun 29
Hunan Valin Steel Co., Ltd. to Report First Half, 2024 Results on Aug 29, 2024 Hunan Valin Steel Co., Ltd. announced that they will report first half, 2024 results on Aug 29, 2024 Aankondiging • Jun 08
Hunan Valin Steel Co., Ltd. Announces Cash Dividend Plan on A Shares for the Year 2023, Payable on 13 June 2024 Hunan Valin Steel Co., Ltd. announced 2023 final profit distribution plan to be implemented (A shares): Cash dividend/10 shares (tax included): CNY 2.30000000. Record date: 12 June 2024. Ex-date: 13 June 2024. Payment date: 13 June 2024. Aankondiging • Apr 16
Hunan Valin Steel Co., Ltd., Annual General Meeting, May 07, 2024 Hunan Valin Steel Co., Ltd., Annual General Meeting, May 07, 2024, at 14:30 China Standard Time. Location: No. 222, Xiangfu West Road, Tianxin District, Changsha, Hunan China Aankondiging • Apr 03
Hunan Valin Steel Co., Ltd. Proposes Final Cash Dividend for 2023 Hunan Valin Steel Co., Ltd. announced on 01 April 2024 the profit distribution proposal for 2023 as follows: Cash dividend/10 shares (tax included) is CNY 2.30000000. Reported Earnings • Apr 02
Full year 2023 earnings: EPS and revenues miss analyst expectations Full year 2023 results: EPS: CN¥0.73 (down from CN¥0.92 in FY 2022). Revenue: CN¥164.5b (down 2.5% from FY 2022). Net income: CN¥5.08b (down 20% from FY 2022). Profit margin: 3.1% (down from 3.8% in FY 2022). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 1.4%. Earnings per share (EPS) also missed analyst estimates by 14%. Revenue is forecast to grow 2.5% 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 fallen by 21% per year but the company’s share price has only fallen by 12% per year, which means it has not declined as severely as earnings. Major Estimate Revision • Apr 01
Consensus EPS estimates fall by 20% The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate fell from CN¥1.02 to CN¥0.82 per share. Revenue forecast steady at CN¥169.3b. Net income forecast to grow 6.9% next year vs 35% growth forecast for Metals and Mining industry in China. Consensus price target of CN¥7.09 unchanged from last update. Share price was steady at CN¥5.29 over the past week. Aankondiging • Mar 30
Hunan Valin Steel Co., Ltd. to Report Q1, 2024 Results on Apr 30, 2024 Hunan Valin Steel Co., Ltd. announced that they will report Q1, 2024 results on Apr 30, 2024 Aankondiging • Feb 24
Hunan Valin Steel Co., Ltd. Elects Ma Peiqian as Director Hunan Valin Steel Co., Ltd. held its 1st Extraordinary General Meeting of 2024 on 22 February 2024, during were approved Election of Ma Peiqian as a director. Aankondiging • Dec 29
Hunan Valin Steel Co., Ltd. to Report Fiscal Year 2023 Results on Mar 30, 2024 Hunan Valin Steel Co., Ltd. announced that they will report fiscal year 2023 results on Mar 30, 2024 Reported Earnings • Nov 02
Third quarter 2023 earnings released: EPS: CN¥0.22 (vs CN¥0.19 in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.22 (up from CN¥0.19 in 3Q 2022). Revenue: CN¥40.7b (up 1.3% from 3Q 2022). Net income: CN¥1.54b (up 17% from 3Q 2022). Profit margin: 3.8% (up from 3.3% in 3Q 2022). Revenue is forecast to grow 1.4% 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 fallen by 15% per year but the company’s share price has remained flat, which means it is well ahead of earnings. Reported Earnings • Aug 25
Second quarter 2023 earnings released: EPS: CN¥0.27 (vs CN¥0.25 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.27 (up from CN¥0.25 in 2Q 2022). Revenue: CN¥39.7b (down 8.9% from 2Q 2022). Net income: CN¥1.88b (up 9.9% from 2Q 2022). Profit margin: 4.7% (up from 3.9% in 2Q 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 1.9% 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 9% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings. Aankondiging • Jun 22
Hunan Valin Steel Co., Ltd. Announces Final Cash Dividend on A Shares for the Year 2022, Payable on 30 June 2023 Hunan Valin Steel Co., Ltd. announced 2022 final profit distribution plan to be implemented (A shares): cash dividend/10 shares (tax included): CNY 2.40000000. Record date: 29 June 2023. Ex-date: 30 June 2023. Payment date: 30 June 2023. Aankondiging • May 06
Hunan Valin Steel Co., Ltd., Annual General Meeting, May 19, 2023 Hunan Valin Steel Co., Ltd., Annual General Meeting, May 19, 2023, at 14:30 China Standard Time. Agenda: To consider 2022 work report of the board of directors; to consider 2022 work report of the supervisory committee; to consider 2022 annual accounts; to consider 2022 annual report and its summary; to consider 2022 profit distribution plan; to consider 2023 fixed assets investment plan; to consider election of Luo Weihua as a director; and to consider other matters. Reported Earnings • May 04
First quarter 2023 earnings released: EPS: CN¥0.10 (vs CN¥0.31 in 1Q 2022) First quarter 2023 results: EPS: CN¥0.10 (down from CN¥0.31 in 1Q 2022). Revenue: CN¥39.9b (down 2.9% from 1Q 2022). Net income: CN¥688.5m (down 67% from 1Q 2022). Profit margin: 1.7% (down from 5.1% in 1Q 2022). Revenue is forecast to grow 2.2% 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 1% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings. Reported Earnings • Mar 26
Full year 2022 earnings: Revenues exceed analysts expectations while EPS lags behind Full year 2022 results: EPS: CN¥0.92 (down from CN¥1.48 in FY 2021). Revenue: CN¥168.6b (down 1.7% from FY 2021). Net income: CN¥6.38b (down 34% from FY 2021). Profit margin: 3.8% (down from 5.6% in FY 2021). Revenue exceeded analyst estimates by 5.9%. Earnings per share (EPS) missed analyst estimates by 8.1%. Revenue is expected to decline by 2.2% p.a. on average during the next 2 years, while revenues in the Metals and Mining industry in China are expected to grow by 12%. Over the last 3 years on average, earnings per share has increased by 6% per year whereas the company’s share price has increased by 11% per year. Aankondiging • Feb 09
Hunan Valin Steel Co., Ltd. Announces Directors Appointments Hunan Valin Steel Co., Ltd. at it 1st Extraordinary General Meeting of 2023 on 07 February 2023 approved Xie Jiuyuan and Zeng Shunxian as non-independent directors. Board Change • Nov 16
Less than half of directors are independent There are 6 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 3 independent directors. 6 non-independent directors. Independent Director Haihang Xiao 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. Reported Earnings • Oct 31
Third quarter 2022 earnings released: EPS: CN¥0.19 (vs CN¥0.32 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.19 (down from CN¥0.32 in 3Q 2021). Revenue: CN¥40.2b (down 20% from 3Q 2021). Net income: CN¥1.31b (down 40% from 3Q 2021). Profit margin: 3.3% (down from 4.3% in 3Q 2021). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 1.2% 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 9% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Reported Earnings • Aug 27
Second quarter 2022 earnings released: EPS: CN¥0.25 (vs CN¥0.56 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.25 (down from CN¥0.56 in 2Q 2021). Revenue: CN¥43.5b (down 6.2% from 2Q 2021). Net income: CN¥1.71b (down 51% from 2Q 2021). Profit margin: 3.9% (down from 7.6% in 2Q 2021). The decrease in margin was driven by lower revenue. Over the next year, revenue is expected to shrink by 7.8% compared to a 30% growth forecast for the Metals and Mining industry in China. Over the last 3 years on average, earnings per share has increased by 7% per year whereas the company’s share price has increased by 5% per year. Aankondiging • May 07
Hunan Valin Steel Co., Ltd., Annual General Meeting, May 24, 2022 Hunan Valin Steel Co., Ltd., Annual General Meeting, May 24, 2022, at 14:30 China Standard Time. Agenda: To consider 2021 work report of the board of directors; to consider 2021 work report of the supervisory committee; to consider 2021 annual accounts; to consider 2021 annual report and its summary; to consider 2021 profit distribution plan; and to consider Shareholder return plan for the next three years from 2022 to 2024. Aankondiging • May 06
Hunan Valin Steel Co., Ltd. Proposes Final Cash Dividend for the Year 2021 Hunan Valin Steel Co., Ltd. proposed final Cash dividend/10 shares (tax included) of CNY 2.90000000 for the year 2021. Price Target Changed • Apr 27
Price target decreased to CN¥6.00 Down from CN¥8.31, the current price target is an average from 4 analysts. New target price is 6.8% above last closing price of CN¥5.62. Stock is down 32% over the past year. The company is forecast to post earnings per share of CN¥1.46 for next year compared to CN¥1.04 last year. 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 Zunhu Xiao was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Board Change • Apr 02
High number of new directors There are 6 new directors who have joined the board in the last 3 years. Non Independent Director Zunhu Xiao was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Aankondiging • Mar 05
Hunan Valin Steel Co., Ltd. Announces Executive Appointments Hunan Valin Steel Co., Ltd. announced that at the Extraordinary General Meeting held on 02 March 2022, approved election of non-independent directors, cumulative voting system applicable: Xiao Zunhu and Li Jianyu; Election of independent directors, cumulative voting system applicable: Zhao Junwu, Xiao Haihang and Jiang Yanhui. Reported Earnings • Oct 26
Third quarter 2021 earnings released: EPS CN¥0.32 (vs CN¥0.30 in 3Q 2020) The company reported a solid third quarter result with improved earnings and revenues, although profit margins were weaker. Third quarter 2021 results: Revenue: CN¥50.5b (up 63% from 3Q 2020). Net income: CN¥2.19b (up 21% from 3Q 2020). Profit margin: 4.3% (down from 5.9% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 11% 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 • Sep 29
Investor sentiment deteriorated over the past week After last week's 17% share price decline to CN¥6.51, the stock trades at a forward P/E ratio of 4x. Average forward P/E is 18x in the Metals and Mining industry in China. Total returns to shareholders of 19% over the past three years. Valuation Update With 7 Day Price Move • Sep 09
Investor sentiment improved over the past week After last week's 19% share price gain to CN¥9.21, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 21x in the Metals and Mining industry in China. Total returns to shareholders of 72% over the past three years. Reported Earnings • Aug 29
Second quarter 2021 earnings released: EPS CN¥0.56 (vs CN¥0.31 in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CN¥46.4b (up 63% from 2Q 2020). Net income: CN¥3.52b (up 86% from 2Q 2020). Profit margin: 7.6% (up from 6.6% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • May 19
Investor sentiment deteriorated over the past week After last week's 17% share price decline to CN¥7.04, the stock trades at a forward P/E ratio of 5x. Average forward P/E is 17x in the Metals and Mining industry in China. Total returns to shareholders of 41% over the past three years. Aankondiging • Apr 29
Hunan Valin Steel Co., Ltd. Announces 2020 Final Profit Distribution Plan to Be Implemented (A Shares), Payable on May 10, 2021 Hunan Valin Steel Co., Ltd. announced 2020 final profit distribution plan to be implemented (A shares). The company announced Cash dividend/10 shares (tax included) of CNY 2.10000000. Record date is May 7, 2021. Ex-date is May 10, 2021. Payment date is May 10, 2021. 10% withholding tax on cash dividend will be deducted in CNY within the cash dividend receivable. Reported Earnings • Apr 29
First quarter 2021 earnings released: EPS CN¥0.34 (vs CN¥0.18 in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: CN¥38.6b (up 64% from 1Q 2020). Net income: CN¥2.05b (up 81% from 1Q 2020). Profit margin: 5.3% (up from 4.8% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Apr 25
Investor sentiment improved over the past week After last week's 17% share price gain to CN¥9.05, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 18x in the Metals and Mining industry in China. Total returns to shareholders of 58% over the past three years. Valuation Update With 7 Day Price Move • Apr 07
Investor sentiment improved over the past week After last week's 23% share price gain to CN¥8.62, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 18x in the Metals and Mining industry in China. Total returns to shareholders of 60% over the past three years. Reported Earnings • Apr 01
Full year 2020 earnings released: EPS CN¥1.04 (vs CN¥1.04 in FY 2019) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: CN¥116.5b (up 8.6% from FY 2019). Net income: CN¥6.40b (up 46% from FY 2019). Profit margin: 5.5% (up from 4.1% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has increased by 14% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Mar 12
Investor sentiment improved over the past week After last week's 30% share price gain to CN¥8.22, the stock is trading at a trailing P/E ratio of 8.1x, up from the previous P/E ratio of 6.2x. This compares to an average P/E of 34x in the Metals and Mining industry in China. Total returns to shareholders over the past three years are 41%. Aankondiging • Feb 25
Hunan Valin Steel Co., Ltd. to Report Fiscal Year 2020 Results on Mar 31, 2021 Hunan Valin Steel Co., Ltd. announced that they will report fiscal year 2020 results on Mar 31, 2021 Is New 90 Day High Low • Feb 22
New 90-day high: CN¥5.96 The company is up 3.0% from its price of CN¥5.76 on 24 November 2020. The Chinese market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Metals and Mining industry, which is up 11% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥14.55 per share. Valuation Update With 7 Day Price Move • Feb 22
Investor sentiment improved over the past week After last week's 25% share price gain to CN¥5.96, the stock is trading at a trailing P/E ratio of 5.9x, up from the previous P/E ratio of 4.7x. This compares to an average P/E of 34x in the Metals and Mining industry in China. Total return to shareholders over the past three years is a loss of 14%. Is New 90 Day High Low • Jan 05
New 90-day low: CN¥4.67 The company is down 7.0% from its price of CN¥5.04 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 Metals and Mining industry, which is up 20% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥14.13 per share. Is New 90 Day High Low • Dec 14
New 90-day low: CN¥4.87 The company is down 5.0% from its price of CN¥5.10 on 15 September 2020. The Chinese market is up 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Metals and Mining industry, which is up 6.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥14.51 per share. Reported Earnings • Nov 01
Third quarter earnings released Over the last 12 months the company has reported total profits of CN¥5.78b, up 17% from the prior year. Total revenue was CN¥109.0b over the last 12 months, up 3.2% from the prior year. Is New 90 Day High Low • Oct 27
New 90-day high: CN¥5.32 The company is up 17% from its price of CN¥4.56 on 29 July 2020. The Chinese market is flat over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is down 7.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥22.96 per share. Is New 90 Day High Low • Sep 18
New 90-day high: CN¥5.31 The company is up 35% from its price of CN¥3.94 on 19 June 2020. The Chinese market is up 12% 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¥23.19 per share. Aankondiging • Aug 13
Hunan Valin Steel Co., Ltd. to Report First Half, 2020 Results on Aug 29, 2020 Hunan Valin Steel Co., Ltd. announced that they will report first half, 2020 results on Aug 29, 2020