Announcement • Jun 30
Linhai Co.,Ltd. to Report First Half, 2026 Results on Aug 26, 2026 Linhai Co.,Ltd. announced that they will report first half, 2026 results on Aug 26, 2026 Announcement • Apr 21
Linhai Co.,Ltd., Annual General Meeting, May 11, 2026 Linhai Co.,Ltd., Annual General Meeting, May 11, 2026, at 14:00 China Standard Time. Location: No. 199, Yingchun West Road, Taizhou, Jiangsu China New Risk • Apr 15
New minor risk - Dividend sustainability The company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 0.4% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. This is currently the only risk that has been identified for the company. Announcement • Mar 30
Linhai Co.,Ltd. to Report Q1, 2026 Results on Apr 25, 2026 Linhai Co.,Ltd. announced that they will report Q1, 2026 results on Apr 25, 2026 Reported Earnings • Mar 29
Full year 2025 earnings released: EPS: CN¥0.11 (vs CN¥0.084 in FY 2024) Full year 2025 results: EPS: CN¥0.11 (up from CN¥0.084 in FY 2024). Revenue: CN¥1.13b (up 7.7% from FY 2024). Net income: CN¥24.6m (up 33% from FY 2024). Profit margin: 2.2% (up from 1.8% in FY 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. Announcement • Dec 26
Linhai Co.,Ltd. to Report Fiscal Year 2025 Results on Mar 28, 2026 Linhai Co.,Ltd. announced that they will report fiscal year 2025 results on Mar 28, 2026 Reported Earnings • Nov 02
Third quarter 2025 earnings released: EPS: CN¥0.013 (vs CN¥0.017 in 3Q 2024) Third quarter 2025 results: EPS: CN¥0.013 (down from CN¥0.017 in 3Q 2024). Revenue: CN¥223.0m (down 32% from 3Q 2024). Net income: CN¥2.87m (down 22% from 3Q 2024). Profit margin: 1.3% (up from 1.1% in 3Q 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth. Announcement • Sep 30
Linhai Co.,Ltd. to Report Q3, 2025 Results on Oct 28, 2025 Linhai Co.,Ltd. announced that they will report Q3, 2025 results on Oct 28, 2025 New Risk • Sep 03
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 39% 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. This is currently the only risk that has been identified for the company. Declared Dividend • Jul 23
Dividend increased to CN¥0.03 Dividend of CN¥0.03 is 36% higher than last year. Ex-date: 25th July 2025 Payment date: 25th July 2025 Dividend yield will be 0.3%, which is lower than the industry average of 2.2%. Sustainability & Growth Dividend is well covered by both earnings (33% earnings payout ratio) and cash flows (10% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. Earnings per share has grown by 36% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Announcement • Jun 30
Linhai Co.,Ltd. to Report First Half, 2025 Results on Aug 26, 2025 Linhai Co.,Ltd. announced that they will report first half, 2025 results on Aug 26, 2025 Announcement • Apr 26
Linhai Co.,Ltd., Annual General Meeting, Jun 19, 2025 Linhai Co.,Ltd., Annual General Meeting, Jun 19, 2025, at 14:00 China Standard Time. Location: No. 199, Yingchun West Road, Taizhou, Jiangsu China New Risk • Apr 09
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 30% 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. This is currently the only risk that has been identified for the company. Reported Earnings • Mar 30
Full year 2024 earnings: EPS and revenues exceed analyst expectations Full year 2024 results: EPS: CN¥0.084 (up from CN¥0.061 in FY 2023). Revenue: CN¥1.05b (up 51% from FY 2023). Net income: CN¥18.4m (up 38% from FY 2023). Profit margin: 1.8% (down from 1.9% in FY 2023). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 27%. Earnings per share (EPS) also surpassed analyst estimates by 40%. Revenue is forecast to stay flat during the next 2 years compared to a 14% growth forecast for the Auto industry in China. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Buy Or Sell Opportunity • Mar 04
Now 21% overvalued Over the last 90 days, the stock has fallen 3.1% to CN¥9.50. The fair value is estimated to be CN¥7.86, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 9.0%. Revenue is forecast to grow by 12% in 2 years. Earnings are forecast to grow by 56% in the next 2 years. Announcement • Dec 27
Linhai Co.,Ltd. to Report Fiscal Year 2024 Results on Mar 29, 2025 Linhai Co.,Ltd. announced that they will report fiscal year 2024 results on Mar 29, 2025 Buy Or Sell Opportunity • Dec 12
Now 26% overvalued after recent price rise Over the last 90 days, the stock has risen 43% to CN¥10.69. The fair value is estimated to be CN¥8.47, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 9.0%. Revenue is forecast to grow by 12% in 2 years. Earnings are forecast to grow by 56% in the next 2 years. Reported Earnings • Oct 26
Third quarter 2024 earnings released: EPS: CN¥0.017 (vs CN¥0.009 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.017 (up from CN¥0.009 in 3Q 2023). Revenue: CN¥328.3m (up 103% from 3Q 2023). Net income: CN¥3.67m (up 89% from 3Q 2023). Profit margin: 1.1% (down from 1.2% in 3Q 2023). Over the last 3 years on average, earnings per share has increased by 9% per year whereas the company’s share price has increased by 11% per year. Announcement • Sep 30
Linhai Co.,Ltd. to Report Q3, 2024 Results on Oct 26, 2024 Linhai Co.,Ltd. announced that they will report Q3, 2024 results on Oct 26, 2024 Reported Earnings • Aug 24
Second quarter 2024 earnings released: EPS: CN¥0.03 (vs CN¥0.033 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.03 (down from CN¥0.033 in 2Q 2023). Revenue: CN¥231.9m (up 41% from 2Q 2023). Net income: CN¥6.56m (down 9.7% from 2Q 2023). Profit margin: 2.8% (down from 4.4% in 2Q 2023). Over the last 3 years on average, earnings per share has remained flat whereas the company’s share price has fallen by 4% per year. New Risk • Jul 30
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 7.4% 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. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (7.4% average weekly change). Large one-off items impacting financial results. Announcement • Jun 28
Linhai Co.,Ltd. to Report First Half, 2024 Results on Aug 24, 2024 Linhai Co.,Ltd. announced that they will report first half, 2024 results on Aug 24, 2024 Announcement • May 30
Linhai Co.,Ltd., Annual General Meeting, Jun 21, 2024 Linhai Co.,Ltd., Annual General Meeting, Jun 21, 2024, at 14:00 China Standard Time. Location: No. 199, Yingchun West Road, Taizhou, Jiangsu China Reported Earnings • Apr 28
First quarter 2024 earnings released: EPS: CN¥0.009 (vs CN¥0.011 in 1Q 2023) First quarter 2024 results: EPS: CN¥0.009 (down from CN¥0.011 in 1Q 2023). Revenue: CN¥201.6m (flat on 1Q 2023). Net income: CN¥2.00m (down 17% from 1Q 2023). Profit margin: 1.0% (down from 1.2% in 1Q 2023). Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 7% per year, which means it is well ahead of earnings. New Risk • Apr 11
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 71% 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. This is currently the only risk that has been identified for the company. Reported Earnings • Mar 31
Full year 2023 earnings released: EPS: CN¥0.061 (vs CN¥0.043 in FY 2022) Full year 2023 results: EPS: CN¥0.061 (up from CN¥0.043 in FY 2022). Revenue: CN¥694.8m (down 4.9% from FY 2022). Net income: CN¥13.3m (up 43% from FY 2022). Profit margin: 1.9% (up from 1.3% in FY 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 9% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Mar 29
Linhai Co.,Ltd. to Report Q1, 2024 Results on Apr 27, 2024 Linhai Co.,Ltd. announced that they will report Q1, 2024 results on Apr 27, 2024 Announcement • Dec 30
Linhai Co.,Ltd. to Report Fiscal Year 2023 Results on Mar 30, 2024 Linhai Co.,Ltd. announced that they will report fiscal year 2023 results on Mar 30, 2024 New Risk • Nov 10
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 52% 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. This is currently the only risk that has been identified for the company. New Risk • Sep 02
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 37% 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. This is currently the only risk that has been identified for the company. Reported Earnings • Aug 26
Second quarter 2023 earnings released: EPS: CN¥0.033 (vs CN¥0.032 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.033 (up from CN¥0.032 in 2Q 2022). Revenue: CN¥164.7m (down 9.6% from 2Q 2022). Net income: CN¥7.26m (up 4.9% from 2Q 2022). Profit margin: 4.4% (up from 3.8% in 2Q 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 9% per year whereas the company’s share price has increased by 5% per year. Announcement • Jun 28
Linhai Co.,Ltd. to Report First Half, 2023 Results on Aug 26, 2023 Linhai Co.,Ltd. announced that they will report first half, 2023 results on Aug 26, 2023 Reported Earnings • Mar 26
Full year 2022 earnings released: EPS: CN¥0.043 (vs CN¥0.04 in FY 2021) Full year 2022 results: EPS: CN¥0.043. Revenue: CN¥730.4m (down 13% from FY 2021). Net income: CN¥9.32m (down 2.1% from FY 2021). Profit margin: 1.3% (up from 1.1% in FY 2021). The increase in margin was driven by lower expenses. Board Change • Nov 16
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 12 experienced directors. No highly experienced directors. 3 independent directors (6 non-independent directors). was the last director to join the board, commencing their role in . 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 29
Third quarter 2022 earnings released: CN¥0.004 loss per share (vs CN¥0.006 loss in 3Q 2021) Third quarter 2022 results: CN¥0.004 loss per share (improved from CN¥0.006 loss in 3Q 2021). Revenue: CN¥155.0m (up 1.3% from 3Q 2021). Net loss: CN¥869.4k (loss narrowed 36% from 3Q 2021). Over the last 3 years on average, earnings per share has increased by 30% 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 • Aug 29
Second quarter 2022 earnings released: EPS: CN¥0.032 (vs CN¥0.026 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.032 (up from CN¥0.026 in 2Q 2021). Revenue: CN¥182.1m (down 21% from 2Q 2021). Net income: CN¥6.92m (up 22% from 2Q 2021). Profit margin: 3.8% (up from 2.5% in 2Q 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth. Reported Earnings • Apr 27
First quarter 2022 earnings released: EPS: CN¥0.01 (vs CN¥0.008 in 1Q 2021) First quarter 2022 results: EPS: CN¥0.01 (up from CN¥0.008 in 1Q 2021). Revenue: CN¥197.2m (up 6.1% from 1Q 2021). Net income: CN¥2.20m (up 20% from 1Q 2021). Profit margin: 1.1% (up from 1.0% in 1Q 2021). Over the last 3 years on average, earnings per share has increased by 46% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. Reported Earnings • Oct 31
Third quarter 2021 earnings released: CN¥0.006 loss per share (vs CN¥0.011 profit in 3Q 2020) The company reported a poor third quarter result with weaker earnings and control over costs, although revenues were flat. Third quarter 2021 results: Revenue: CN¥153.0m (flat on 3Q 2020). Net loss: CN¥1.36m (down 159% from profit in 3Q 2020). Over the last 3 years on average, earnings per share has increased by 70% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. Reported Earnings • Aug 31
Second quarter 2021 earnings released: EPS CN¥0.026 (vs CN¥0.003 in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CN¥229.9m (up 43% from 2Q 2020). Net income: CN¥5.66m (up CN¥4.99m from 2Q 2020). Profit margin: 2.5% (up from 0.4% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 77% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. Reported Earnings • Apr 30
First quarter 2021 earnings released: EPS CN¥0.008 (vs CN¥0.007 loss in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: CN¥185.9m (up 56% from 1Q 2020). Net income: CN¥1.82m (up CN¥3.32m from 1Q 2020). Profit margin: 1.0% (up from net loss in 1Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 70% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings. Reported Earnings • Apr 15
Full year 2020 earnings released: EPS CN¥0.035 (vs CN¥0.027 in FY 2019) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: CN¥599.6m (up 3.7% from FY 2019). Net income: CN¥7.72m (up 33% from FY 2019). Profit margin: 1.3% (up from 1.0% in FY 2019). Over the last 3 years on average, earnings per share has increased by 62% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings. Announcement • Mar 05
Linhai Co.,Ltd. to Report Fiscal Year 2020 Results on Mar 27, 2021 Linhai Co.,Ltd. announced that they will report fiscal year 2020 results on Mar 27, 2021 Is New 90 Day High Low • Jan 13
New 90-day low: CN¥5.34 The company is down 23% from its price of CN¥6.95 on 15 October 2020. The Chinese market is up 6.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Auto industry, which is up 24% over the same period. Is New 90 Day High Low • Dec 24
New 90-day low: CN¥6.07 The company is down 10.0% from its price of CN¥6.76 on 25 September 2020. The Chinese market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Auto industry, which is up 33% over the same period. Is New 90 Day High Low • Nov 28
New 90-day high: CN¥7.81 The company is up 2.0% from its price of CN¥7.64 on 28 August 2020. The Chinese market is down 3.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Auto industry, which is up 31% over the same period. Reported Earnings • Nov 03
Third quarter 2020 earnings released: EPS CN¥0.01 The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2020 results: Revenue: CN¥154.4m (up 25% from 3Q 2019). Net income: CN¥2.31m (up 290% from 3Q 2019). Profit margin: 1.5% (up from 0.5% in 3Q 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 52% per year but the company’s share price has fallen by 17% per year, which means it is significantly lagging earnings. Announcement • Oct 28
Linhai Co.,Ltd. to Report Q3, 2020 Results on Oct 31, 2020 Linhai Co.,Ltd. announced that they will report Q3, 2020 results on Oct 31, 2020 Announcement • Jul 17
Linhai Co.,Ltd. to Report First Half, 2020 Results on Aug 29, 2020 Linhai Co.,Ltd. announced that they will report first half, 2020 results on Aug 29, 2020