New Risk • Aug 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 10% 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 Risks Debt is not well covered by operating cash flow (0.1% operating cash flow to total debt). Earnings have declined by 13% per year over the past 5 years. Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (10% average weekly change). Valuation Update With 7 Day Price Move • Jul 31
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to CN¥11.39, the stock trades at a trailing P/E ratio of 36.6x. Average trailing P/E is 30x in the Metals and Mining industry in China. Total returns to shareholders of 20% over the past three years. Valuation Update With 7 Day Price Move • Jul 08
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to CN¥15.92, the stock trades at a trailing P/E ratio of 36.5x. Average trailing P/E is 34x in the Metals and Mining industry in China. Total returns to shareholders of 26% over the past three years. Aankondiging • Jun 30
Jiangxi GETO New Materials Corporation Limited to Report First Half, 2026 Results on Aug 28, 2026 Jiangxi GETO New Materials Corporation Limited announced that they will report first half, 2026 results on Aug 28, 2026 New Risk • May 14
New minor risk - Dividend sustainability The dividend is not well covered by cash flows. The company is paying a dividend despite having no free cash flows. Dividend yield: 0.4% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (2.0% operating cash flow to total debt). Earnings have declined by 18% per year over the past 5 years. Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (9.1% average weekly change). New Risk • Apr 25
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2025. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.0x net interest cover). Share price has been highly volatile over the past 3 months (11% average weekly change). Earnings have declined by 25% per year over the past 5 years. Minor Risks Latest financial reports are more than 6 months old (reported June 2025 fiscal period end). Large one-off items impacting financial results. Aankondiging • Apr 25
Jiangxi GETO New Materials Corporation Limited, Annual General Meeting, May 19, 2026 Jiangxi GETO New Materials Corporation Limited, Annual General Meeting, May 19, 2026, at 15:00 China Standard Time. Location: 15F, Tower B, No. 18, Hexin Road, Cuiheng New District, Zhongshan, Guangdong China Aankondiging • Mar 31
Jiangxi GETO New Materials Corporation Limited to Report Q1, 2026 Results on Apr 25, 2026 Jiangxi GETO New Materials Corporation Limited announced that they will report Q1, 2026 results on Apr 25, 2026 New Risk • Jan 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 8.2% 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 Risks Debt is not well covered by operating cash flow (9.1% operating cash flow to total debt). Earnings have declined by 24% per year over the past 5 years. Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (8.2% average weekly change). Large one-off items impacting financial results. Shareholders have been diluted in the past year (20% increase in shares outstanding). Valuation Update With 7 Day Price Move • Jan 05
Investor sentiment improves as stock rises 31% After last week's 31% share price gain to CN¥13.42, the stock trades at a trailing P/E ratio of 41.3x. Average trailing P/E is 39x in the Metals and Mining industry in China. Total loss to shareholders of 32% over the past three years. Aankondiging • Dec 31
Jiangxi GETO New Materials Corporation Limited to Report Fiscal Year 2025 Results on Apr 25, 2026 Jiangxi GETO New Materials Corporation Limited announced that they will report fiscal year 2025 results on Apr 25, 2026 Reported Earnings • Oct 29
Third quarter 2025 earnings released: EPS: CN¥0.11 (vs CN¥0.15 in 3Q 2024) Third quarter 2025 results: EPS: CN¥0.11 (down from CN¥0.15 in 3Q 2024). Revenue: CN¥730.2m (up 8.8% from 3Q 2024). Net income: CN¥41.7m (down 20% from 3Q 2024). Profit margin: 5.7% (down from 7.7% in 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings. Aankondiging • Sep 30
Jiangxi GETO New Materials Corporation Limited to Report Q3, 2025 Results on Oct 29, 2025 Jiangxi GETO New Materials Corporation Limited announced that they will report Q3, 2025 results on Oct 29, 2025 New Risk • Sep 08
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 25% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.0x net interest cover). Earnings have declined by 25% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Shareholders have been diluted in the past year (18% increase in shares outstanding). New Risk • Aug 09
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 17% This is considered a minor 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 Interest payments are not well covered by earnings (1.6x net interest cover). Earnings have declined by 26% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Shareholders have been diluted in the past year (17% increase in shares outstanding). Aankondiging • Jul 02
Jiangxi GETO New Materials Corporation Limited to Report First Half, 2025 Results on Aug 27, 2025 Jiangxi GETO New Materials Corporation Limited announced that they will report first half, 2025 results on Aug 27, 2025 Valuation Update With 7 Day Price Move • Jun 19
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to CN¥13.23, the stock trades at a trailing P/E ratio of 41.9x. Average forward P/E is 17x in the Metals and Mining industry in China. Total returns to shareholders of 7.6% over the past three years. Valuation Update With 7 Day Price Move • May 22
Investor sentiment deteriorates as stock falls 31% After last week's 31% share price decline to CN¥14.06, the stock trades at a trailing P/E ratio of 31.1x. Average forward P/E is 17x in the Metals and Mining industry in China. Total loss to shareholders of 11% over the past three years. Reported Earnings • Apr 24
Full year 2024 earnings: EPS and revenues miss analyst expectations Full year 2024 results: EPS: CN¥0.30 (up from CN¥0.18 loss in FY 2023). Revenue: CN¥2.53b (up 13% from FY 2023). Net income: CN¥73.7m (up CN¥119.0m from FY 2023). Profit margin: 2.9% (up from net loss in FY 2023). Revenue missed analyst estimates by 1.2%. Earnings per share (EPS) also missed analyst estimates by 9.1%. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 83 percentage points per year, which is a significant difference in performance. Aankondiging • Apr 23
Jiangxi GETO New Materials Corporation Limited Proposes Final Cash Dividend for 2024 Jiangxi GETO New Materials Corporation Limited proposed final cash dividend of CNY 1.00000000 per 10 shares (tax included) for 2024. Aankondiging • Apr 22
Jiangxi GETO New Materials Corporation Limited, Annual General Meeting, May 13, 2025 Jiangxi GETO New Materials Corporation Limited, Annual General Meeting, May 13, 2025, at 15:00 China Standard Time. Location: The Company's Meeting Room, Zhongshan, Guangdong China New Risk • Apr 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 11% 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 Interest payments are not well covered by earnings (1.0x net interest cover). Share price has been highly volatile over the past 3 months (11% average weekly change). Dividend is not well covered by earnings and cash flows. Payout ratio: 359% Paying a dividend despite having no free cash flows. Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.6% net profit margin). Aankondiging • Mar 31
Jiangxi GETO New Materials Corporation Limited to Report Q1, 2025 Results on Apr 29, 2025 Jiangxi GETO New Materials Corporation Limited announced that they will report Q1, 2025 results on Apr 29, 2025 New Risk • Feb 27
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 8.1% 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: Major Risks Interest payments are not well covered by earnings (1.0x net interest cover). Dividend is not well covered by earnings and cash flows. Payout ratio: 359% Paying a dividend despite having no free cash flows. Minor Risks Share price has been volatile over the past 3 months (8.1% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.6% net profit margin). Aankondiging • Dec 31
Jiangxi GETO New Materials Corporation Limited to Report Fiscal Year 2024 Results on Apr 22, 2025 Jiangxi GETO New Materials Corporation Limited announced that they will report fiscal year 2024 results on Apr 22, 2025 Board Change • Dec 01
High number of new directors There are 6 new directors who have joined the board in the last 3 years. Independent Director Wencai Pan was the last director to join the board, commencing their role in 2024. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Oct 24
Third quarter 2024 earnings released: EPS: CN¥0.21 (vs CN¥0.14 loss in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.21 (up from CN¥0.14 loss in 3Q 2023). Revenue: CN¥670.9m (up 16% from 3Q 2023). Net income: CN¥51.8m (up CN¥87.0m from 3Q 2023). Profit margin: 7.7% (up from net loss in 3Q 2023). Revenue is forecast to grow 15% p.a. on average during the next 2 years, compared to a 9.5% growth forecast for the Metals and Mining industry in China. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 51 percentage points per year, which is a significant difference in performance. Aankondiging • Sep 30
Jiangxi GETO New Materials Corporation Limited to Report Q3, 2024 Results on Oct 24, 2024 Jiangxi GETO New Materials Corporation Limited announced that they will report Q3, 2024 results on Oct 24, 2024 New Risk • Sep 27
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: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Minor Risk Share price has been volatile over the past 3 months (7.1% average weekly change). Reported Earnings • Sep 03
Second quarter 2024 earnings released: EPS: CN¥0.10 (vs CN¥0.13 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.10 (down from CN¥0.13 in 2Q 2023). Revenue: CN¥684.6m (up 8.4% from 2Q 2023). Net income: CN¥25.6m (down 24% from 2Q 2023). Profit margin: 3.7% (down from 5.3% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 15% p.a. on average during the next 2 years, compared to a 9.5% growth forecast for the Metals and Mining industry in China. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 33 percentage points per year, which is a significant difference in performance. Aankondiging • Jun 29
Jiangxi GETO New Materials Corporation Limited to Report First Half, 2024 Results on Aug 29, 2024 Jiangxi GETO New Materials Corporation Limited announced that they will report first half, 2024 results on Aug 29, 2024 Aankondiging • Jun 19
Jiangxi GETO New Materials Corporation Limited (SZSE:300986) announces an Equity Buyback for CNY 40 million worth of its shares. Jiangxi GETO New Materials Corporation Limited (SZSE:300986) announces a share repurchase program. Under the program, the company will repurchase up to CNY 40 million worth of its shares. The repurchase price will not more than CNY 12.03 per Share. The repurchased shares will be used for employee stock ownership plan or equity incentives. The repurchases will be funded using company's own funds. The repurchase period will be not more than 12 months. Aankondiging • Apr 23
Jiangxi GETO New Materials Corporation Limited, Annual General Meeting, May 28, 2024 Jiangxi GETO New Materials Corporation Limited, Annual General Meeting, May 28, 2024, at 15:00 China Standard Time. Location: The Company's Meeting Room, Zhongshan, Guangdong China Valuation Update With 7 Day Price Move • Apr 15
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to CN¥7.34, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 15x in the Metals and Mining industry in China. Total loss to shareholders of 72% over the past year. Aankondiging • Mar 30
Jiangxi GETO New Materials Corporation Limited to Report Q1, 2024 Results on Apr 23, 2024 Jiangxi GETO New Materials Corporation Limited announced that they will report Q1, 2024 results on Apr 23, 2024 Valuation Update With 7 Day Price Move • Feb 21
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to CN¥8.10, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 11x in the Metals and Mining industry in China. Total loss to shareholders of 70% over the past year. 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 7.9% 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. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (0.8x net interest cover). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (7.9% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (2.3% net profit margin). Valuation Update With 7 Day Price Move • Feb 01
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to CN¥9.35, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 12x in the Metals and Mining industry in China. Total loss to shareholders of 67% over the past year. Aankondiging • Dec 30
Jiangxi GETO New Materials Corporation Limited to Report Fiscal Year 2023 Results on Apr 23, 2024 Jiangxi GETO New Materials Corporation Limited announced that they will report fiscal year 2023 results on Apr 23, 2024 Valuation Update With 7 Day Price Move • Nov 29
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to CN¥13.10, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 13x in the Metals and Mining industry in China. Total loss to shareholders of 49% over the past year. Major Estimate Revision • Oct 30
Consensus EPS estimates fall by 93% The consensus outlook for earnings per share (EPS) in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from CN¥2.45b to CN¥2.35b. EPS estimate also fell from CN¥0.56 per share to CN¥0.04 per share. Net income forecast to grow 81% next year vs 60% growth forecast for Metals and Mining industry in China. Consensus price target down from CN¥21.00 to CN¥16.80. Share price rose 3.4% to CN¥14.78 over the past week. Reported Earnings • Oct 24
Third quarter 2023 earnings released: CN¥0.14 loss per share (vs CN¥0.23 profit in 3Q 2022) Third quarter 2023 results: CN¥0.14 loss per share (down from CN¥0.23 profit in 3Q 2022). Revenue: CN¥580.2m (up 12% from 3Q 2022). Net loss: CN¥35.2m (down 162% from profit in 3Q 2022). Revenue is forecast to grow 33% p.a. on average during the next 2 years, compared to a 11% growth forecast for the Metals and Mining industry in China. Aankondiging • Sep 30
Jiangxi GETO New Materials Corporation Limited to Report Q3, 2023 Results on Oct 24, 2023 Jiangxi GETO New Materials Corporation Limited announced that they will report Q3, 2023 results on Oct 24, 2023 Board Change • Sep 01
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 4 non-independent directors. Independent Director Mingqiang Wang was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Major Estimate Revision • Aug 25
Consensus EPS estimates fall by 45% The consensus outlook for earnings per share (EPS) in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from CN¥2.68b to CN¥2.45b. EPS estimate also fell from CN¥1.01 per share to CN¥0.56 per share. Net income forecast to grow 23% next year vs 43% growth forecast for Metals and Mining industry in China. Consensus price target down from CN¥30.03 to CN¥21.00. Share price fell 9.5% to CN¥16.24 over the past week. Price Target Changed • Aug 22
Price target decreased by 30% to CN¥21.00 Down from CN¥30.03, the current price target is provided by 1 analyst. New target price is 20% above last closing price of CN¥17.43. Stock is down 23% over the past year. The company posted earnings per share of CN¥0.72 last year. 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: 6.6% Last year net profit margin: 11% 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 Debt is not well covered by operating cash flow (currently running at an operating cash loss). Minor Risks Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (6.6% net profit margin). Reported Earnings • Aug 19
Second quarter 2023 earnings released: EPS: CN¥0.13 (vs CN¥0.30 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.13 (down from CN¥0.30 in 2Q 2022). Revenue: CN¥631.6m (up 22% from 2Q 2022). Net income: CN¥33.7m (down 49% from 2Q 2022). Profit margin: 5.3% (down from 13% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 34% p.a. on average during the next 2 years, compared to a 11% growth forecast for the Metals and Mining industry in China. Price Target Changed • Jul 18
Price target increased by 50% to CN¥45.00 Up from CN¥30.03, the current price target is provided by 1 analyst. New target price is 153% above last closing price of CN¥17.80. Stock is down 18% over the past year. The company is forecast to post earnings per share of CN¥1.52 for next year compared to CN¥0.72 last year. Aankondiging • Jul 06
Jiangxi GETO New Materials Corporation Limited Announces Implementation of Cash Dividend for 2022, Payable on 11 July 2023 Jiangxi GETO New Materials Corporation Limited announced 2022 final profit distribution plan to be implemented (A shares): Cash dividend per 10 shares (tax included) of CNY 1.99353900; Record date: 10 July 2023; Ex-date: 11 July 2023; Payment date: 11 July 2023. Reported Earnings • Apr 28
First quarter 2023 earnings released: EPS: CN¥0.011 (vs CN¥0.029 in 1Q 2022) First quarter 2023 results: EPS: CN¥0.011 (down from CN¥0.029 in 1Q 2022). Revenue: CN¥380.0m (up 45% from 1Q 2022). Net income: CN¥1.85m (down 65% from 1Q 2022). Profit margin: 0.5% (down from 2.0% in 1Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 26% p.a. on average during the next 2 years, compared to a 11% growth forecast for the Metals and Mining industry in China. Valuation Update With 7 Day Price Move • Apr 24
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to CN¥33.68, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 14x in the Metals and Mining industry in China. Total returns to shareholders of 69% over the past year. Price Target Changed • Jan 10
Price target increased to CN¥48.37 Up from CN¥43.01, the current price target is an average from 2 analysts. New target price is 14% above last closing price of CN¥42.48. Stock is down 5.8% over the past year. The company is forecast to post earnings per share of CN¥1.27 for next year compared to CN¥1.09 last year. Valuation Update With 7 Day Price Move • Nov 29
Investor sentiment improved over the past week After last week's 16% share price gain to CN¥40.35, the stock trades at a forward P/E ratio of 25x. Average forward P/E is 14x in the Metals and Mining industry in China. Total loss to shareholders of 3.6% over the past year. Reported Earnings • Oct 27
Third quarter 2022 earnings released: EPS: CN¥0.35 (vs CN¥0.32 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.35 (up from CN¥0.32 in 3Q 2021). Revenue: CN¥519.9m (up 29% from 3Q 2021). Net income: CN¥56.7m (up 6.5% from 3Q 2021). Profit margin: 11% (down from 13% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 31% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Metals and Mining industry in China. Valuation Update With 7 Day Price Move • Sep 22
Investor sentiment deteriorated over the past week After last week's 16% share price decline to CN¥33.53, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 15x in the Metals and Mining industry in China. Total returns to shareholders of 6.8% over the past year. Reported Earnings • Aug 17
Second quarter 2022 earnings released: EPS: CN¥0.45 (vs CN¥0.18 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.45 (up from CN¥0.18 in 2Q 2021). Revenue: CN¥519.3m (up 36% from 2Q 2021). Net income: CN¥65.6m (up 146% from 2Q 2021). Profit margin: 13% (up from 7.0% in 2Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 36%, compared to a 32% growth forecast for the Metals and Mining industry in China. Valuation Update With 7 Day Price Move • Jul 12
Investor sentiment deteriorated over the past week After last week's 15% share price decline to CN¥30.96, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 14x in the Metals and Mining industry in China. Total loss to shareholders of 2.2% over the past year. Valuation Update With 7 Day Price Move • Jun 28
Investor sentiment improved over the past week After last week's 17% share price gain to CN¥32.03, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 15x in the Metals and Mining industry in China. Total returns to shareholders of 15% over the past year. Aankondiging • Jun 08
Jiangxi Geto New Materials Corporation Limited Announces 2021 Final Profit Distribution Plan to Be Implemented (A Shares), Payable on June 14, 2022 Jiangxi GETO New Materials Corporation Limited announced 2021 final profit distribution plan to be implemented (A shares). The company announced Cash dividend/10 shares (tax included) of CNY 1.50000000. The Record date is June 13, 2022; Ex-date is June 14, 2022; and Payment date is June 14, 2022. Aankondiging • May 29
Jiangxi Geto New Materials Corporation Limited Approves Profit Distribution Proposal for 2021 Jiangxi GETO New Materials Corporation Limited at its annual general meeting held on May 25, 2022 approved profit distribution proposal for 2021 as Cash dividend/10 shares (tax included) of CNY 1.50000000. Aankondiging • Apr 27
Jiangxi Geto New Materials Corporation Limited Announces Profit Distribution Proposal for 2021 Jiangxi GETO New Materials Corporation Limited announced on 26 April 2022 the profit distribution proposal for 2021 as follows: Cash dividend/10 shares (tax included) of CNY 1.50000000. Reported Earnings • Apr 27
First quarter 2022 earnings: EPS misses analyst expectations First quarter 2022 results: EPS: CN¥0.04 (down from CN¥0.28 in 1Q 2021). Revenue: CN¥262.4m (up 17% from 1Q 2021). Net income: CN¥5.20m (down 79% from 1Q 2021). Profit margin: 2.0% (down from 11% in 1Q 2021). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 5.6%. Over the next year, revenue is forecast to grow 43%, compared to a 35% growth forecast for the industry in China. Valuation Update With 7 Day Price Move • Apr 15
Investor sentiment deteriorated over the past week After last week's 16% share price decline to CN¥35.24, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 16x in the Metals and Mining industry in China. Valuation Update With 7 Day Price Move • Nov 02
Investor sentiment improved over the past week After last week's 20% share price gain to CN¥56.50, the stock trades at a forward P/E ratio of 28x. Average forward P/E is 16x in the Metals and Mining industry in China. Reported Earnings • Oct 27
Third quarter 2021 earnings released: EPS CN¥0.44 (vs CN¥0.78 in 3Q 2020) The company reported a mediocre third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: CN¥402.3m (up 33% from 3Q 2020). Net income: CN¥53.3m (down 18% from 3Q 2020). Profit margin: 13% (down from 21% in 3Q 2020). Reported Earnings • Aug 24
Second quarter 2021 earnings released: EPS CN¥0.25 (vs CN¥0.78 in 2Q 2020) The company reported a soft second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2021 results: Revenue: CN¥380.7m (up 25% from 2Q 2020). Net income: CN¥26.7m (down 59% from 2Q 2020). Profit margin: 7.0% (down from 21% in 2Q 2020). Valuation Update With 7 Day Price Move • Jul 07
Investor sentiment improved over the past week After last week's 16% share price gain to CN¥46.13, the stock trades at a trailing P/E ratio of 20.1x. Average trailing P/E is 28x in the Metals and Mining industry in China. Valuation Update With 7 Day Price Move • May 17
Investor sentiment deteriorated over the past week After last week's 16% share price decline to CN¥53.00, the stock trades at a trailing P/E ratio of 23.1x. Average trailing P/E is 27x in the Metals and Mining industry in China.