New Risk • Jul 01
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 9.3% 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 Share price has been volatile over the past 3 months (9.3% average weekly change). Large one-off items impacting financial results. Aankondiging • Jun 30
Lecron Industrial Development Group Co., Ltd. to Report First Half, 2026 Results on Aug 15, 2026 Lecron Industrial Development Group Co., Ltd. announced that they will report first half, 2026 results on Aug 15, 2026 Reported Earnings • Apr 15
Full year 2025 earnings released: EPS: CN¥0.037 (vs CN¥0.02 in FY 2024) Full year 2025 results: EPS: CN¥0.037 (up from CN¥0.02 in FY 2024). Revenue: CN¥998.6m (up 15% from FY 2024). Net income: CN¥39.1m (up 79% from FY 2024). Profit margin: 3.9% (up from 2.5% in FY 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 63 percentage points per year, which is a significant difference in performance. Aankondiging • Apr 15
Lecron Industrial Development Group Co., Ltd., Annual General Meeting, May 11, 2026 Lecron Industrial Development Group Co., Ltd., Annual General Meeting, May 11, 2026, at 14:30 China Standard Time. Location: 3F, Office Building, No. 219, Changguo East Road, Zhangdian District, Zibo, Shandong China Aankondiging • Mar 31
Lecron Industrial Development Group Co., Ltd. to Report Q1, 2026 Results on Apr 25, 2026 Lecron Industrial Development Group Co., Ltd. announced that they will report Q1, 2026 results on Apr 25, 2026 Aankondiging • Jan 16
Lecron Industrial Development Group Co., Ltd. Announces Board Changes Lecron Industrial Development Group Co., Ltd. at its EGM held on 14 January 2026 appointed Liu Lei and Li Huimin as non-independent director. Aankondiging • Dec 31
Lecron Industrial Development Group Co., Ltd. to Report Fiscal Year 2025 Results on Apr 15, 2026 Lecron Industrial Development Group Co., Ltd. announced that they will report fiscal year 2025 results on Apr 15, 2026 Reported Earnings • Oct 25
Third quarter 2025 earnings released: EPS: CN¥0.004 (vs CN¥0.005 loss in 3Q 2024) Third quarter 2025 results: EPS: CN¥0.004 (up from CN¥0.005 loss in 3Q 2024). Revenue: CN¥247.1m (down 7.8% from 3Q 2024). Net income: CN¥4.77m (up CN¥8.82m from 3Q 2024). Profit margin: 1.9% (up from net loss in 3Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 88 percentage points per year, which is a significant difference in performance. Aankondiging • Sep 30
Lecron Industrial Development Group Co., Ltd. to Report Q3, 2025 Results on Oct 25, 2025 Lecron Industrial Development Group Co., Ltd. announced that they will report Q3, 2025 results on Oct 25, 2025 Reported Earnings • Aug 17
Second quarter 2025 earnings released: EPS: CN¥0.006 (vs CN¥0.002 in 2Q 2024) Second quarter 2025 results: EPS: CN¥0.006 (up from CN¥0.002 in 2Q 2024). Revenue: CN¥282.6m (up 13% from 2Q 2024). Net income: CN¥6.68m (up 136% from 2Q 2024). Profit margin: 2.4% (up from 1.1% in 2Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 87 percentage points per year, which is a significant difference in performance. Aankondiging • Jul 02
Lecron Industrial Development Group Co., Ltd. to Report First Half, 2025 Results on Aug 16, 2025 Lecron Industrial Development Group Co., Ltd. announced that they will report first half, 2025 results on Aug 16, 2025 Aankondiging • Apr 26
Lecron Industrial Development Group Co., Ltd., Annual General Meeting, May 20, 2025 Lecron Industrial Development Group Co., Ltd., Annual General Meeting, May 20, 2025, at 14:00 China Standard Time. Location: The Company's Meeting Room, Zibo, Shandong China Reported Earnings • Apr 24
Full year 2024 earnings released: EPS: CN¥0.02 (vs CN¥0.011 in FY 2023) Full year 2024 results: EPS: CN¥0.02 (up from CN¥0.011 in FY 2023). Revenue: CN¥868.7m (down 16% from FY 2023). Net income: CN¥21.9m (up 72% from FY 2023). Profit margin: 2.5% (up from 1.2% in FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 65 percentage points per year, which is a significant difference in performance. Aankondiging • Apr 09
Lecron Industrial Development Group Co., Ltd. (SZSE:300343) announces an Equity Buyback for CNY 100 million worth of its shares. Lecron Industrial Development Group Co., Ltd. (SZSE:300343) announces a share repurchase program. Under the program, the company will repurchase up to CNY 100 million worth of its ordinary A shares. The shares will be repurchased at a price of CNY 8.00 per share. The repurchased shares will be used for the implementation of ESOP or equity incentive. The program is valid for a period of 12 months. Aankondiging • Mar 31
Lecron Industrial Development Group Co., Ltd. to Report Q1, 2025 Results on Apr 26, 2025 Lecron Industrial Development Group Co., Ltd. announced that they will report Q1, 2025 results on Apr 26, 2025 New Risk • Mar 25
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 8.4% 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. New Risk • Jan 12
New major risk - Financial data availability The company has not reported any financial data. This is considered a major risk. With no or incomplete audited reported financial data, it is virtually impossible to assess the company's investment potential. Currently, the following risks have been identified for the company: Major Risk No financial data reported. Minor Risk Share price has been volatile over the past 3 months (9.8% average weekly change). Aankondiging • Dec 31
Lecron Industrial Development Group Co., Ltd. to Report Fiscal Year 2024 Results on Apr 23, 2025 Lecron Industrial Development Group Co., Ltd. announced that they will report fiscal year 2024 results on Apr 23, 2025 Reported Earnings • Oct 25
Third quarter 2024 earnings released: CN¥0.005 loss per share (vs CN¥0.006 profit in 3Q 2023) Third quarter 2024 results: CN¥0.005 loss per share (down from CN¥0.006 profit in 3Q 2023). Revenue: CN¥267.8m (up 10% from 3Q 2023). Net loss: CN¥4.06m (down 162% from profit in 3Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 36 percentage points per year, which is a significant difference in performance. Aankondiging • Sep 30
Lecron Industrial Development Group Co., Ltd. to Report Q3, 2024 Results on Oct 25, 2024 Lecron Industrial Development Group Co., Ltd. announced that they will report Q3, 2024 results on Oct 25, 2024 New Risk • Sep 12
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 7.7% 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. This is currently the only risk that has been identified for the company. Reported Earnings • Aug 28
Second quarter 2024 earnings released: EPS: CN¥0.002 (vs CN¥0.012 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.002 (down from CN¥0.012 in 2Q 2023). Revenue: CN¥249.7m (flat on 2Q 2023). Net income: CN¥2.83m (down 80% from 2Q 2023). Profit margin: 1.1% (down from 5.8% in 2Q 2023). Over the last 3 years on average, earnings per share has fallen by 57% per year but the company’s share price has only fallen by 41% per year, which means it has not declined as severely as earnings. Aankondiging • Jun 29
Lecron Industrial Development Group Co., Ltd. to Report First Half, 2024 Results on Aug 28, 2024 Lecron Industrial Development Group Co., Ltd. announced that they will report first half, 2024 results on Aug 28, 2024 Aankondiging • Apr 29
Lecron Industrial Development Group Co., Ltd., Annual General Meeting, May 27, 2024 Lecron Industrial Development Group Co., Ltd., Annual General Meeting, May 27, 2024, at 14:00 China Standard Time. Location: The Company's Meeting Room, Zibo, Shandong China Reported Earnings • Apr 24
Full year 2023 earnings released: EPS: CN¥0.011 (vs CN¥0.68 in FY 2022) Full year 2023 results: EPS: CN¥0.011 (down from CN¥0.68 in FY 2022). Revenue: CN¥1.04b (down 50% from FY 2022). Net income: CN¥12.7m (down 98% from FY 2022). Profit margin: 1.2% (down from 38% in FY 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 23% per year, which means it is well ahead of earnings. Aankondiging • Mar 30
Lecron Industrial Development Group Co., Ltd. to Report Q1, 2024 Results on Apr 25, 2024 Lecron Industrial Development Group Co., Ltd. announced that they will report Q1, 2024 results on Apr 25, 2024 New Risk • Mar 26
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 12% 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. This is currently the only risk that has been identified for the company. 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 7.0% 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 • Dec 30
Lecron Industrial Development Group Co., Ltd. to Report Fiscal Year 2023 Results on Apr 24, 2024 Lecron Industrial Development Group Co., Ltd. announced that they will report fiscal year 2023 results on Apr 24, 2024 Reported Earnings • Oct 27
Third quarter 2023 earnings released: EPS: CN¥0.006 (vs CN¥0.20 in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.006 (down from CN¥0.20 in 3Q 2022). Revenue: CN¥243.2m (down 58% from 3Q 2022). Net income: CN¥6.60m (down 97% from 3Q 2022). Profit margin: 2.7% (down from 40% in 3Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 58% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth. New Risk • Aug 20
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: 9.2% Last year net profit margin: 40% 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: Major Risk Share price has been highly volatile over the past 3 months (8.9% average weekly change). Minor Risk Profit margins are more than 30% lower than last year (9.2% net profit margin). Reported Earnings • Aug 19
Second quarter 2023 earnings released: EPS: CN¥0.012 (vs CN¥0.32 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.012 (down from CN¥0.32 in 2Q 2022). Revenue: CN¥250.1m (down 57% from 2Q 2022). Net income: CN¥14.4m (down 96% from 2Q 2022). Profit margin: 5.8% (down from 63% in 2Q 2022). The decrease in margin was primarily driven by lower revenue. Revenue is forecast to grow 64% p.a. on average during the next 2 years, compared to a 18% growth forecast for the Chemicals industry in China. Over the last 3 years on average, earnings per share has increased by 95% per year but the company’s share price has only increased by 41% per year, which means it is significantly lagging earnings growth. New Risk • Jul 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 9.2% 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. This is currently the only risk that has been identified for the company. Valuation Update With 7 Day Price Move • Jul 12
Investor sentiment improves as stock rises 24% After last week's 24% share price gain to CN¥9.11, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 16x in the Chemicals industry in China. Total returns to shareholders of 289% over the past three years. Valuation Update With 7 Day Price Move • May 04
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to CN¥7.75, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 21x in the Media industry in China. Total returns to shareholders of 257% over the past three years. Reported Earnings • Apr 23
Full year 2022 earnings: EPS in line with expectations, revenues disappoint Full year 2022 results: EPS: CN¥0.68 (up from CN¥0.30 in FY 2021). Revenue: CN¥2.06b (up 19% from FY 2021). Net income: CN¥773.8m (up 124% from FY 2021). Profit margin: 38% (up from 20% in FY 2021). The increase in margin was primarily driven by higher revenue. Revenue missed analyst estimates by 24%. Earnings per share (EPS) were mostly in line with analyst estimates. Revenue is forecast to grow 36% p.a. on average during the next 2 years, compared to a 15% growth forecast for the Media industry in China. Over the last 3 years on average, earnings per share has increased by 116% per year but the company’s share price has only increased by 56% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Apr 14
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥10.77, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 22x in the Media industry in China. Total returns to shareholders of 333% over the past three years. Board Change • Nov 16
Less than half of directors are independent There are 8 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: 8 new directors. 1 experienced director. 1 highly experienced director. 3 independent directors (4 non-independent directors). Vice Chairman of the Board of Directors, Chief Engineer and Deputy General Manager Xiu Ying Shao is the most experienced director on the board, commencing their role in 2010. Independent Director Qing Jun Meng 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. Lack of experienced directors. Reported Earnings • Oct 25
Third quarter 2022 earnings released: EPS: CN¥0.20 (vs CN¥0.10 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.20 (up from CN¥0.10 in 3Q 2021). Revenue: CN¥577.4m (up 14% from 3Q 2021). Net income: CN¥229.8m (up 99% from 3Q 2021). Profit margin: 40% (up from 23% in 3Q 2021). The increase in margin was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 116% per year but the company’s share price has only increased by 54% per year, which means it is significantly lagging earnings growth. Reported Earnings • Aug 11
Second quarter 2022 earnings released: EPS: CN¥0.32 (vs CN¥0.027 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.32 (up from CN¥0.027 in 2Q 2021). Revenue: CN¥582.4m (up 46% from 2Q 2021). Net income: CN¥365.5m (up CN¥331.6m from 2Q 2021). Profit margin: 63% (up from 8.5% in 2Q 2021). The increase in margin was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 110% per year but the company’s share price has only increased by 71% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Jul 06
Investor sentiment improved over the past week After last week's 16% share price gain to CN¥17.08, the stock trades at a trailing P/E ratio of 30.4x. Average trailing P/E is 29x in the Media industry in China. Total returns to shareholders of 380% over the past three years. Valuation Update With 7 Day Price Move • Jun 10
Investor sentiment improved over the past week After last week's 18% share price gain to CN¥14.44, the stock trades at a trailing P/E ratio of 28.2x. Average trailing P/E is 28x in the Media industry in China. Total returns to shareholders of 266% over the past three years. Aankondiging • May 28
Lecron Industrial Development Group Co., Ltd., Annual General Meeting, Jun 16, 2022 Lecron Industrial Development Group Co., Ltd., Annual General Meeting, Jun 16, 2022, at 14:30 China Standard Time. Agenda: To consider 2021 annual report and its summary; to consider 2021 annual accounts; to consider 2021 work report of the board of directors; to consider 2021 profit distribution plan; to consider 2022 estimated continuing connected transactions; to consider purchase of wealth management products with idle proprietary funds; to consider change of the Company's domicile and amendments to the Company's articles of association; to consider 2021 work report of the supervisory committee; to consider amendments to the Company's articles of association; to consider amendments to the Company's rules of procedure governing shareholders' general meetings; to consider amendments to the Company's rules of procedure governing the board meetings; to consider investment in construction of a project; and to consider amendments to the Company's rules of procedure governing meetings of the supervisory committee. 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. 4 experienced directors. No highly experienced directors. Non-Independent Director Xiangbao Meng is the most experienced director on the board, commencing their role in 2022. 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 • Apr 21
Full year 2021 earnings released: EPS: CN¥0.25 (vs CN¥0.08 loss in FY 2020) Full year 2021 results: EPS: CN¥0.25 (up from CN¥0.08 loss in FY 2020). Revenue: CN¥1.84b (up 5.6% from FY 2020). Net income: CN¥287.7m (up CN¥375.1m from FY 2020). Profit margin: 16% (up from net loss in FY 2020). The move to profitability was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 80% per year but the company’s share price has only increased by 38% per year, which means it is significantly lagging earnings growth. Reported Earnings • Oct 19
Third quarter 2021 earnings released: EPS CN¥0.10 (vs CN¥0.068 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: CN¥504.3m (up 19% from 3Q 2020). Net income: CN¥115.6m (up 44% from 3Q 2020). Profit margin: 23% (up from 19% in 3Q 2020). Over the last 3 years on average, earnings per share has increased by 45% per year but the company’s share price has increased by 79% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Aug 26
Second quarter 2021 earnings released: EPS CN¥0.027 (vs CN¥0.021 loss in 2Q 2020) The company reported a decent second quarter result with improved earnings and profit margins, although revenues were weaker. Second quarter 2021 results: Revenue: CN¥399.8m (down 24% from 2Q 2020). Net income: CN¥33.9m (up CN¥62.6m from 2Q 2020). Profit margin: 8.5% (up from net loss in 2Q 2020). Reported Earnings • Apr 27
First quarter 2021 earnings released: EPS CN¥0.012 (vs CN¥0.03 loss in 1Q 2020) The company reported a decent first quarter result with improved earnings and profit margins, although revenues were weaker. First quarter 2021 results: Revenue: CN¥332.4m (down 21% from 1Q 2020). Net income: CN¥13.3m (up CN¥43.2m from 1Q 2020). Profit margin: 4.0% (up from net loss in 1Q 2020). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has fallen by 25% per year, which means it is performing significantly worse than earnings. Aankondiging • Mar 04
Lecron Industrial Development Group Co., Ltd. to Report Fiscal Year 2020 Results on Apr 15, 2021 Lecron Industrial Development Group Co., Ltd. announced that they will report fiscal year 2020 results on Apr 15, 2021 Is New 90 Day High Low • Jan 06
New 90-day low: CN¥2.70 The company is down 18% from its price of CN¥3.30 on 30 September 2020. The Chinese market is up 11% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Media industry, which is down 7.0% over the same period. Is New 90 Day High Low • Dec 18
New 90-day low: CN¥3.21 The company is down 12% from its price of CN¥3.66 on 18 September 2020. The Chinese market is up 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Media industry, which is down 8.0% over the same period. Reported Earnings • Oct 28
Third quarter earnings released Over the last 12 months the company has reported total losses of CN¥1.58b, with losses narrowing by 20% from the prior year. Total revenue was CN¥2.11b over the last 12 months, down 45% from the prior year. Aankondiging • Oct 20
Lecron Industrial Development Group Co., Ltd. to Report Q3, 2020 Results on Oct 28, 2020 Lecron Industrial Development Group Co., Ltd. announced that they will report Q3, 2020 results on Oct 28, 2020 Aankondiging • Aug 11
Lecron Industrial Development Group Co., Ltd. to Report First Half, 2020 Results on Aug 27, 2020 Lecron Industrial Development Group Co., Ltd. announced that they will report first half, 2020 results on Aug 27, 2020