Aankondiging • Jul 01
Qingdao Gon Technology Co., Ltd. to Report First Half, 2026 Results on Aug 29, 2026 Qingdao Gon Technology Co., Ltd. announced that they will report first half, 2026 results on Aug 29, 2026 Board Change • Jun 30
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Non-Executive Director Zhaoge Huang was the last independent director to join the board, commencing their role in 2026. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Aankondiging • Apr 29
Qingdao Gon Technology Co., Ltd., Annual General Meeting, Jun 09, 2026 Qingdao Gon Technology Co., Ltd., Annual General Meeting, Jun 09, 2026, at 14:00 China Standard Time. Location: The Company's Meeting Room, Qingdao, Shandong China Aankondiging • Apr 02
Qingdao Gon Technology Co., Ltd. Resolves to Recommend Final Dividend for the Year Ended 31 December 2025 The Board of Qingdao Gon Technology Co., Ltd. has resolved to recommend a final dividend of RMB 0.5 per share for the year ended 31 December 2025, amounting to approximately RMB 147.5 million, subject to the approval at the forthcoming annual general meeting of the Company (the "AGM"). Aankondiging • Mar 31
Qingdao Gon Technology Co., Ltd. to Report Q1, 2026 Results on Apr 29, 2026 Qingdao Gon Technology Co., Ltd. announced that they will report Q1, 2026 results on Apr 29, 2026 Aankondiging • Feb 04
Qingdao Gon Technology Co., Ltd. has completed a Follow-on Equity Offering in the amount of HKD 1.08 billion. Qingdao Gon Technology Co., Ltd. has completed a Follow-on Equity Offering in the amount of HKD 1.08 billion.
Security Name: H Shares
Security Type: Common Stock
Securities Offered: 3,000,000
Price\Range: HKD 36
Discount Per Security: HKD 1.26
Security Name: H Shares
Security Type: Common Stock
Securities Offered: 18,118,889
Price\Range: HKD 36
Discount Per Security: HKD 1.26
Security Name: H Shares
Security Type: Common Stock
Securities Offered: 8,881,111
Price\Range: HKD 36
Discount Per Security: HKD 1.26
Transaction Features: New Market Listing; Regulation S; Sponsor Backed Offering Aankondiging • Jan 27
Qingdao Gon Technology Co., Ltd. has filed a Follow-on Equity Offering in the amount of HKD 1.26 billion. Qingdao Gon Technology Co., Ltd. has filed a Follow-on Equity Offering in the amount of HKD 1.26 billion.
Security Name: H Shares
Security Type: Common Stock
Securities Offered: 3,000,000
Price\Range: HKD 34 to HKD 42
Discount Per Security: HKD 1.47
Security Name: H Shares
Security Type: Common Stock
Securities Offered: 19,387,619
Price\Range: HKD 34 to HKD 42
Discount Per Security: HKD 1.47
Security Name: H Shares
Security Type: Common Stock
Securities Offered: 7,612,381
Price\Range: HKD 34 to HKD 42
Discount Per Security: HKD 1.47
Transaction Features: New Market Listing; Regulation S; Sponsor Backed Offering Aankondiging • Dec 31
Qingdao Gon Technology Co., Ltd. to Report Fiscal Year 2025 Results on Mar 31, 2026 Qingdao Gon Technology Co., Ltd. announced that they will report fiscal year 2025 results on Mar 31, 2026 Aankondiging • Sep 30
Qingdao Gon Technology Co., Ltd. to Report Q3, 2025 Results on Oct 29, 2025 Qingdao Gon Technology Co., Ltd. announced that they will report Q3, 2025 results on Oct 29, 2025 Aankondiging • Jul 02
Qingdao Gon Technology Co., Ltd. to Report First Half, 2025 Results on Aug 30, 2025 Qingdao Gon Technology Co., Ltd. announced that they will report first half, 2025 results on Aug 30, 2025 Aankondiging • May 30
Qingdao Gon Technology Co., Ltd. Approves Profit Distribution Plan for 2024 Guangdong Gon Technology Co., Ltd. at its AGM held on May 27, 2025 2024 profit distribution plan as Cash dividend/10 shares (tax included): CNY 2.80000000. Aankondiging • Apr 28
Qingdao Gon Technology Co., Ltd., Annual General Meeting, Jun 06, 2025 Qingdao Gon Technology Co., Ltd., Annual General Meeting, Jun 06, 2025, at 14:00 China Standard Time. Location: The Company's Meeting Room, Qingdao, Shandong China Aankondiging • Mar 31
Qingdao Gon Technology Co., Ltd. to Report Q1, 2025 Results on Apr 28, 2025 Qingdao Gon Technology Co., Ltd. announced that they will report Q1, 2025 results on Apr 28, 2025 Aankondiging • Dec 31
Qingdao Gon Technology Co., Ltd. to Report Fiscal Year 2024 Results on Apr 28, 2025 Qingdao Gon Technology Co., Ltd. announced that they will report fiscal year 2024 results on Apr 28, 2025 Reported Earnings • Oct 31
Third quarter 2024 earnings released: EPS: CN¥0.68 (vs CN¥0.47 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.68 (up from CN¥0.47 in 3Q 2023). Revenue: CN¥4.83b (up 2.1% from 3Q 2023). Net income: CN¥183.6m (up 44% from 3Q 2023). Profit margin: 3.8% (up from 2.7% in 3Q 2023). Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Chemicals industry in China. Over the last 3 years on average, earnings per share has fallen by 10% 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. Valuation Update With 7 Day Price Move • Sep 30
Investor sentiment improves as stock rises 22% After last week's 22% share price gain to CN¥21.84, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 16x in the Chemicals industry in China. Total loss to shareholders of 6.9% over the past three years. Aankondiging • Sep 30
Qingdao Gon Technology Co., Ltd. to Report Q3, 2024 Results on Oct 31, 2024 Qingdao Gon Technology Co., Ltd. announced that they will report Q3, 2024 results on Oct 31, 2024 Reported Earnings • Aug 31
Second quarter 2024 earnings released: EPS: CN¥0.56 (vs CN¥0.54 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.56 (up from CN¥0.54 in 2Q 2023). Revenue: CN¥4.90b (up 14% from 2Q 2023). Net income: CN¥151.5m (up 2.6% from 2Q 2023). Profit margin: 3.1% (down from 3.4% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Chemicals industry in China. Over the last 3 years on average, earnings per share has fallen by 8% per year whereas the company’s share price has fallen by 12% per year. Aankondiging • Jun 29
Qingdao Gon Technology Co., Ltd. to Report First Half, 2024 Results on Aug 30, 2024 Qingdao Gon Technology Co., Ltd. announced that they will report first half, 2024 results on Aug 30, 2024 Declared Dividend • May 24
Dividend reduced to CN¥0.18 Dividend of CN¥0.18 is 28% lower than last year. Ex-date: 29th May 2024 Payment date: 29th May 2024 Dividend yield will be 0.8%, which is lower than the industry average of 2.6%. Sustainability & Growth Dividend is covered by earnings (10% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 18% per year over the past 8 years and payments have been stable during that time. EPS is expected to grow by 109% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Aankondiging • Apr 28
Qingdao Gon Technology Co., Ltd., Annual General Meeting, May 17, 2024 Qingdao Gon Technology Co., Ltd., Annual General Meeting, May 17, 2024, at 13:30 China Standard Time. Location: The Company's Meeting Room, Qingdao, Shandong China Agenda: To approve 2023 work report of the board of directors; to approve 2023 work report of the supervisory committee; to 2023 annual report and its summary; to reappoint 2024 audit firm; to formulate the shareholder return plan for the next three years from 2024 to 2026; and to consider and approve other matters of business. Reported Earnings • Apr 27
First quarter 2024 earnings released: EPS: CN¥0.45 (vs CN¥0.38 in 1Q 2023) First quarter 2024 results: EPS: CN¥0.45 (up from CN¥0.38 in 1Q 2023). Revenue: CN¥4.42b (up 22% from 1Q 2023). Net income: CN¥123.1m (up 20% from 1Q 2023). Profit margin: 2.8% (in line with 1Q 2023). Revenue is forecast to grow 8.5% p.a. on average during the next 2 years, compared to a 16% growth forecast for the Chemicals industry in China. Over the last 3 years on average, earnings per share has fallen by 9% per year whereas the company’s share price has fallen by 7% per year. Aankondiging • Apr 27
Qingdao Gon Technology Co., Ltd. Proposes Final Cash Dividend for 2023 Qingdao Gon Technology Co., Ltd. announced on 26 April 2024 the final profit distribution proposal for 2023: cash dividend/10 shares (tax included) of CNY 1.80000000. Aankondiging • Mar 30
Qingdao Gon Technology Co., Ltd. to Report Q1, 2024 Results on Apr 29, 2024 Qingdao Gon Technology Co., Ltd. announced that they will report Q1, 2024 results on Apr 29, 2024 Valuation Update With 7 Day Price Move • Feb 08
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to CN¥19.91, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 13x in the Chemicals industry in China. Total loss to shareholders of 28% over the past three years. Aankondiging • Dec 29
Qingdao Gon Technology Co., Ltd. to Report Fiscal Year 2023 Results on Apr 29, 2024 Qingdao Gon Technology Co., Ltd. announced that they will report fiscal year 2023 results on Apr 29, 2024 Reported Earnings • Nov 02
Third quarter 2023 earnings released: EPS: CN¥0.47 (vs CN¥0.57 in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.47 (down from CN¥0.57 in 3Q 2022). Revenue: CN¥4.74b (up 12% from 3Q 2022). Net income: CN¥127.6m (down 18% from 3Q 2022). Profit margin: 2.7% (down from 3.7% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Chemicals industry in China. Over the last 3 years on average, earnings per share has fallen by 9% per year whereas the company’s share price has fallen by 13% per year. Aankondiging • Sep 30
Qingdao Gon Technology Co., Ltd. to Report Q3, 2023 Results on Oct 31, 2023 Qingdao Gon Technology Co., Ltd. announced that they will report Q3, 2023 results on Oct 31, 2023 New Risk • Aug 30
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: 3.5% Last year net profit margin: 5.7% 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. Profit margins are more than 30% lower than last year (3.5% net profit margin). Reported Earnings • Aug 30
Second quarter 2023 earnings released: EPS: CN¥0.54 (vs CN¥0.96 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.54 (down from CN¥0.96 in 2Q 2022). Revenue: CN¥4.32b (up 27% from 2Q 2022). Net income: CN¥147.7m (down 43% from 2Q 2022). Profit margin: 3.4% (down from 7.7% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Chemicals industry in China. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has fallen by 16% per year, which means it is performing significantly worse than earnings. Aankondiging • May 25
Qingdao Gon Technology Co., Ltd. Announces Final Dividend on A Shares for the Year 2022, Payable on May 30, 2023 Qingdao Gon Technology Co., Ltd. announced final cash dividend/10 shares (tax included) of CNY 2.50000000 on A shares for the year 2022. Record date is May 29, 2023. Ex-date is May 30, 2023. Payment date is May 30, 2023. Aankondiging • May 20
Qingdao Gon Technology Co., Ltd. Approves Cash Dividend for 2022 Qingdao Gon Technology Co., Ltd. at its AGM held on May 18, 2023, approved Cash dividend/10 shares (tax included): CNY 2.50000000 for 2022. Reported Earnings • Apr 29
First quarter 2023 earnings released: EPS: CN¥0.38 (vs CN¥0.44 in 1Q 2022) First quarter 2023 results: EPS: CN¥0.38 (down from CN¥0.44 in 1Q 2022). Revenue: CN¥3.61b (up 32% from 1Q 2022). Net income: CN¥102.8m (down 13% from 1Q 2022). Profit margin: 2.8% (down from 4.3% in 1Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 20% 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 remained flat but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings. Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Yaping Wang was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Oct 27
Third quarter 2022 earnings released: EPS: CN¥0.57 (vs CN¥0.52 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.57 (up from CN¥0.52 in 3Q 2021). Revenue: CN¥4.22b (up 70% from 3Q 2021). Net income: CN¥155.5m (up 9.8% from 3Q 2021). Profit margin: 3.7% (down from 5.7% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 21% p.a. on average during the next 3 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 12% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth. Reported Earnings • Sep 03
Second quarter 2022 earnings released: EPS: CN¥0.96 (vs CN¥0.89 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.96 (up from CN¥0.89 in 2Q 2021). Revenue: CN¥3.40b (up 29% from 2Q 2021). Net income: CN¥260.7m (up 7.8% from 2Q 2021). Profit margin: 7.7% (down from 9.2% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 27%, compared to a 33% growth forecast for the Chemicals industry in China. Over the last 3 years on average, earnings per share has increased by 16% per year whereas the company’s share price has increased by 11% per year. Valuation Update With 7 Day Price Move • Aug 19
Investor sentiment improved over the past week After last week's 28% share price gain to CN¥35.04, the stock trades at a trailing P/E ratio of 14.6x. Average trailing P/E is 30x in the Chemicals industry in China. Total returns to shareholders of 55% over the past three years. Valuation Update With 7 Day Price Move • Jun 28
Investor sentiment improved over the past week After last week's 15% share price gain to CN¥27.04, the stock trades at a trailing P/E ratio of 11.3x. Average trailing P/E is 29x in the Chemicals industry in China. Total returns to shareholders of 8.7% over the past three years. Board Change • Apr 27
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. 11 experienced directors. No highly experienced directors. 3 independent directors (4 non-independent directors). Independent Director Yaping Wang was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Oct 31
Third quarter 2021 earnings released: EPS CN¥0.52 (vs CN¥0.48 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¥2.49b (up 40% from 3Q 2020). Net income: CN¥141.6m (up 8.8% from 3Q 2020). Profit margin: 5.7% (down from 7.3% in 3Q 2020). The decrease in margin was driven by higher expenses. Reported Earnings • Aug 22
Second quarter 2021 earnings released: EPS CN¥0.89 (vs CN¥1.58 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¥2.63b (up 11% from 2Q 2020). Net income: CN¥241.8m (down 44% from 2Q 2020). Profit margin: 9.2% (down from 18% in 2Q 2020). The decrease in margin was driven by higher expenses. Reported Earnings • Apr 12
Full year 2020 earnings released: EPS CN¥2.69 (vs CN¥1.46 in FY 2019) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: CN¥7.18b (up 42% from FY 2019). Net income: CN¥730.8m (up 85% from FY 2019). Profit margin: 10% (up from 7.8% in FY 2019). The increase in margin was driven by higher revenue. Reported Earnings • Mar 04
Full year 2020 earnings released: EPS CN¥2.69 (vs CN¥1.46 in FY 2019) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: CN¥7.19b (up 42% from FY 2019). Net income: CN¥729.7m (up 84% from FY 2019). Profit margin: 10% (up from 7.8% in FY 2019). The increase in margin was driven by higher revenue. Is New 90 Day High Low • Jan 22
New 90-day high: CN¥33.30 The company is up 1.0% from its price of CN¥32.88 on 23 October 2020. The Chinese market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 23% over the same period. Is New 90 Day High Low • Dec 16
New 90-day low: CN¥30.12 The company is down 15% from its price of CN¥35.30 on 18 September 2020. The Chinese market is up 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 6.0% over the same period. Is New 90 Day High Low • Nov 13
New 90-day low: CN¥30.62 The company is down 14% from its price of CN¥35.40 on 14 August 2020. The Chinese market is down 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 5.0% over the same period. Reported Earnings • Oct 26
Third quarter earnings released Over the last 12 months the company has reported total profits of CN¥809.1m, up 126% from the prior year. Total revenue was CN¥7.32b over the last 12 months, up 65% from the prior year. Is New 90 Day High Low • Oct 23
New 90-day low: CN¥32.88 The company is down 6.0% from its price of CN¥34.80 on 24 July 2020. The Chinese market is up 4.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 9.0% over the same period. 
