Announcement • Jun 30
Ningbo TIP Rubber Technology Co.,Ltd to Report First Half, 2026 Results on Aug 29, 2026 Ningbo TIP Rubber Technology Co.,Ltd announced that they will report first half, 2026 results on Aug 29, 2026 Reported Earnings • Apr 25
First quarter 2026 earnings released: CN¥0.02 loss per share (vs CN¥0.07 profit in 1Q 2025) First quarter 2026 results: CN¥0.02 loss per share (down from CN¥0.07 profit in 1Q 2025). Revenue: CN¥72.0m (down 11% from 1Q 2025). Net loss: CN¥2.38m (down 127% from profit in 1Q 2025). Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 96% per year, which means it is well ahead of earnings. Announcement • Apr 25
Ningbo TIP Rubber Technology Co.,Ltd, Annual General Meeting, May 15, 2026 Ningbo TIP Rubber Technology Co.,Ltd, Annual General Meeting, May 15, 2026, at 15:00 China Standard Time. Location: 3F, No. 5, Jinlong Road, Ninghai County, Ningbo, Zhejiang China Announcement • Mar 30
Ningbo TIP Rubber Technology Co.,Ltd to Report Q1, 2026 Results on Apr 25, 2026 Ningbo TIP Rubber Technology Co.,Ltd announced that they will report Q1, 2026 results on Apr 25, 2026 Announcement • Dec 26
Ningbo TIP Rubber Technology Co.,Ltd to Report Fiscal Year 2025 Results on Apr 25, 2026 Ningbo TIP Rubber Technology Co.,Ltd announced that they will report fiscal year 2025 results on Apr 25, 2026 Reported Earnings • Oct 30
Third quarter 2025 earnings released: EPS: CN¥0.051 (vs CN¥0.039 in 3Q 2024) Third quarter 2025 results: EPS: CN¥0.051 (up from CN¥0.039 in 3Q 2024). Revenue: CN¥79.4m (down 7.8% from 3Q 2024). Net income: CN¥6.55m (up 33% from 3Q 2024). Profit margin: 8.3% (up from 5.7% 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 10% per year but the company’s share price has increased by 69% per year, which means it is tracking significantly ahead of earnings growth. Board Change • Oct 16
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 2 non-independent directors. Independent Director Qi Chen was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Sep 30
Ningbo TIP Rubber Technology Co.,Ltd to Report Q3, 2025 Results on Oct 30, 2025 Ningbo TIP Rubber Technology Co.,Ltd announced that they will report Q3, 2025 results on Oct 30, 2025 Board Change • Sep 01
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 2 non-independent directors. Independent Director Qi Chen was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. New Risk • Aug 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 8.6% 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 Share price has been highly volatile over the past 3 months (8.6% average weekly change). Earnings have declined by 24% per year over the past 5 years. Minor Risk Dividend is not well covered by earnings (148% payout ratio). New Risk • Jul 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 6.6% 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 Earnings have declined by 24% per year over the past 5 years. Minor Risks Dividend is not well covered by earnings (148% payout ratio). Share price has been volatile over the past 3 months (6.6% average weekly change). Announcement • Jun 30
Ningbo TIP Rubber Technology Co.,Ltd to Report First Half, 2025 Results on Aug 29, 2025 Ningbo TIP Rubber Technology Co.,Ltd announced that they will report first half, 2025 results on Aug 29, 2025 Reported Earnings • Apr 25
Full year 2024 earnings released: EPS: CN¥0.25 (vs CN¥0.23 in FY 2023) Full year 2024 results: EPS: CN¥0.25 (up from CN¥0.23 in FY 2023). Revenue: CN¥342.3m (down 1.7% from FY 2023). Net income: CN¥33.1m (up 8.0% from FY 2023). Profit margin: 9.7% (in line with FY 2023). Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 6% per year, which means it is well ahead of earnings. Announcement • Apr 25
Ningbo TIP Rubber Technology Co.,Ltd, Annual General Meeting, May 23, 2025 Ningbo TIP Rubber Technology Co.,Ltd, Annual General Meeting, May 23, 2025, at 14:00 China Standard Time. Location: The Company's Meeting Room, Ningbo, Zhejiang China Valuation Update With 7 Day Price Move • Apr 08
Investor sentiment deteriorates as stock falls 20% After last week's 20% share price decline to CN¥13.63, the stock trades at a trailing P/E ratio of 71.1x. Average trailing P/E is 29x in the Auto Components industry in China. Total loss to shareholders of 3.1% over the past three years. Announcement • Mar 28
Ningbo TIP Rubber Technology Co.,Ltd to Report Q1, 2025 Results on Apr 25, 2025 Ningbo TIP Rubber Technology Co.,Ltd announced that they will report Q1, 2025 results on Apr 25, 2025 Valuation Update With 7 Day Price Move • Feb 27
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to CN¥15.13, the stock trades at a trailing P/E ratio of 78.9x. Average trailing P/E is 38x in the Auto Components industry in China. Total returns to shareholders of 3.1% over the past three years. New Risk • Feb 20
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. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 28% per year over the past 5 years. Minor Risks Dividend is not well covered by earnings (221% payout ratio). Share price has been volatile over the past 3 months (8.4% average weekly change). Announcement • Dec 27
Ningbo TIP Rubber Technology Co.,Ltd to Report Fiscal Year 2024 Results on Apr 25, 2025 Ningbo TIP Rubber Technology Co.,Ltd announced that they will report fiscal year 2024 results on Apr 25, 2025 Reported Earnings • Oct 31
Third quarter 2024 earnings released: EPS: CN¥0.039 (vs CN¥0.05 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.039 (down from CN¥0.05 in 3Q 2023). Revenue: CN¥86.1m (down 6.6% from 3Q 2023). Net income: CN¥4.92m (down 27% from 3Q 2023). Profit margin: 5.7% (down from 7.3% in 3Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings. Announcement • Sep 30
Ningbo TIP Rubber Technology Co.,Ltd to Report Q3, 2024 Results on Oct 31, 2024 Ningbo TIP Rubber Technology Co.,Ltd announced that they will report Q3, 2024 results on Oct 31, 2024 Valuation Update With 7 Day Price Move • Sep 30
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to CN¥12.50, the stock trades at a trailing P/E ratio of 61x. Average trailing P/E is 26x in the Auto Components industry in China. Total loss to shareholders of 8.3% over the past three years. Valuation Update With 7 Day Price Move • Aug 27
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to CN¥10.69, the stock trades at a trailing P/E ratio of 52.1x. Average trailing P/E is 23x in the Auto Components industry in China. Total loss to shareholders of 31% over the past three years. Reported Earnings • Aug 17
Second quarter 2024 earnings released: EPS: CN¥0.029 (vs CN¥0.052 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.029 (down from CN¥0.052 in 2Q 2023). Revenue: CN¥66.8m (down 16% from 2Q 2023). Net income: CN¥3.73m (down 52% from 2Q 2023). Profit margin: 5.6% (down from 9.8% in 2Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 30% 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. Announcement • Jun 28
Ningbo TIP Rubber Technology Co.,Ltd to Report First Half, 2024 Results on Aug 16, 2024 Ningbo TIP Rubber Technology Co.,Ltd announced that they will report first half, 2024 results on Aug 16, 2024 Announcement • Apr 20
Ningbo TIP Rubber Technology Co.,Ltd, Annual General Meeting, May 22, 2024 Ningbo TIP Rubber Technology Co.,Ltd, Annual General Meeting, May 22, 2024, at 14:00 China Standard Time. Location: The Company's Meeting Room, Ningbo, Zhejiang China Reported Earnings • Apr 18
Full year 2023 earnings released: EPS: CN¥0.23 (vs CN¥0.19 in FY 2022) Full year 2023 results: EPS: CN¥0.23 (up from CN¥0.19 in FY 2022). Revenue: CN¥348.4m (up 5.8% from FY 2022). Net income: CN¥30.6m (up 20% from FY 2022). Profit margin: 8.8% (up from 7.8% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 46% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings. Valuation Update With 7 Day Price Move • Apr 16
Investor sentiment deteriorates as stock falls 23% After last week's 23% share price decline to CN¥11.65, the stock trades at a trailing P/E ratio of 59.6x. Average trailing P/E is 30x in the Auto Components industry in China. Total loss to shareholders of 27% over the past three years. Announcement • Mar 29
Ningbo TIP Rubber Technology Co.,Ltd to Report Q1, 2024 Results on Apr 19, 2024 Ningbo TIP Rubber Technology Co.,Ltd announced that they will report Q1, 2024 results on Apr 19, 2024 Valuation Update With 7 Day Price Move • Mar 11
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to CN¥14.86, the stock trades at a trailing P/E ratio of 76x. Average trailing P/E is 30x in the Auto Components industry in China. Total returns to shareholders of 4.9% over the past three years. Valuation Update With 7 Day Price Move • Jan 31
Investor sentiment deteriorates as stock falls 28% After last week's 28% share price decline to CN¥14.18, the stock trades at a trailing P/E ratio of 72.5x. Average trailing P/E is 28x in the Auto Components industry in China. Total loss to shareholders of 12% over the past three years. New Risk • Jan 22
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 8.0% 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 Share price has been highly volatile over the past 3 months (8.0% average weekly change). Dividend is not well covered by earnings and cash flows. Payout ratio: 115% Cash payout ratio: 128% Earnings have declined by 33% per year over the past 5 years. Announcement • Dec 29
Ningbo TIP Rubber Technology Co.,Ltd to Report Fiscal Year 2023 Results on Apr 19, 2024 Ningbo TIP Rubber Technology Co.,Ltd announced that they will report fiscal year 2023 results on Apr 19, 2024 New Risk • Nov 08
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 6.8% 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 Dividend is not well covered by earnings and cash flows. Payout ratio: 115% Cash payout ratio: 128% Earnings have declined by 33% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (6.8% average weekly change). Reported Earnings • Oct 26
Third quarter 2023 earnings released: EPS: CN¥0.05 (vs CN¥0.05 in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.05 (in line with 3Q 2022). Revenue: CN¥92.2m (up 8.0% from 3Q 2022). Net income: CN¥6.71m (flat on 3Q 2022). Profit margin: 7.3% (down from 7.9% in 3Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 50% 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. Announcement • Sep 30
Ningbo TIP Rubber Technology Co.,Ltd to Report Q3, 2023 Results on Oct 26, 2023 Ningbo TIP Rubber Technology Co.,Ltd announced that they will report Q3, 2023 results on Oct 26, 2023 Reported Earnings • Aug 16
Second quarter 2023 earnings released: EPS: CN¥0.052 (vs CN¥0.048 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.052 (up from CN¥0.048 in 2Q 2022). Revenue: CN¥79.5m (up 15% from 2Q 2022). Net income: CN¥7.78m (up 30% from 2Q 2022). Profit margin: 9.8% (up from 8.7% in 2Q 2022). The increase in margin was driven by higher revenue. Announcement • Jun 28
Ningbo TIP Rubber Technology Co.,Ltd to Report First Half, 2023 Results on Aug 16, 2023 Ningbo TIP Rubber Technology Co.,Ltd announced that they will report first half, 2023 results on Aug 16, 2023 Reported Earnings • Apr 26
First quarter 2023 earnings released: EPS: CN¥0.07 (vs CN¥0.07 in 1Q 2022) First quarter 2023 results: EPS: CN¥0.07 (in line with 1Q 2022). Revenue: CN¥84.0m (up 9.8% from 1Q 2022). Net income: CN¥8.81m (down 11% from 1Q 2022). Profit margin: 11% (down from 13% in 1Q 2022). The decrease in margin was driven by higher expenses. Valuation Update With 7 Day Price Move • Dec 26
Investor sentiment deteriorated over the past week After last week's 20% share price decline to CN¥14.37, the stock trades at a trailing P/E ratio of 77.8x. Average trailing P/E is 39x in the Auto Components industry in China. Total loss to shareholders of 13% over the past year. Board Change • Nov 16
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. No highly experienced 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: Insufficient board refreshment. Reported Earnings • Oct 28
Third quarter 2022 earnings released: EPS: CN¥0.05 (vs CN¥0.061 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.05 (down from CN¥0.061 in 3Q 2021). Revenue: CN¥85.3m (up 21% from 3Q 2021). Net income: CN¥6.70m (down 20% from 3Q 2021). Profit margin: 7.9% (down from 12% in 3Q 2021). The decrease in margin was driven by higher expenses. Reported Earnings • Aug 20
Second quarter 2022 earnings released: EPS: CN¥0.048 (vs CN¥0.078 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.048 (down from CN¥0.078 in 2Q 2021). Revenue: CN¥69.1m (flat on 2Q 2021). Net income: CN¥5.98m (down 40% from 2Q 2021). Profit margin: 8.7% (down from 14% in 2Q 2021). Reported Earnings • Apr 29
First quarter 2022 earnings released: EPS: CN¥0.07 (vs CN¥0.14 in 1Q 2021) First quarter 2022 results: EPS: CN¥0.07 (down from CN¥0.14 in 1Q 2021). Revenue: CN¥76.5m (down 10% from 1Q 2021). Net income: CN¥9.94m (down 48% from 1Q 2021). Profit margin: 13% (down from 22% in 1Q 2021). Valuation Update With 7 Day Price Move • Dec 10
Investor sentiment improved over the past week After last week's 18% share price gain to CN¥20.20, the stock trades at a trailing P/E ratio of 42.8x. Average trailing P/E is 44x in the Auto Components industry in China. Total returns to shareholders of 21% over the past year. Reported Earnings • Oct 27
Third quarter 2021 earnings released: EPS CN¥0.061 (vs CN¥0.13 in 3Q 2020) The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: CN¥70.5m (down 9.8% from 3Q 2020). Net income: CN¥8.32m (down 45% from 3Q 2020). Profit margin: 12% (down from 19% in 3Q 2020). The decrease in margin was driven by lower revenue. Reported Earnings • Aug 24
Second quarter 2021 earnings released: EPS CN¥0.078 (vs CN¥0.12 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¥69.7m (up 6.3% from 2Q 2020). Net income: CN¥9.97m (down 13% from 2Q 2020). Profit margin: 14% (down from 18% in 2Q 2020). The decrease in margin was driven by higher expenses. Valuation Update With 7 Day Price Move • Feb 05
Investor sentiment deteriorated over the past week After last week's 17% share price decline to CN¥16.26, the stock is trading at a trailing P/E ratio of 26.9x, down from the previous P/E ratio of 32.4x. This compares to an average P/E of 33x in the Auto Components industry in China. Valuation Update With 7 Day Price Move • Jan 20
Investor sentiment improved over the past week After last week's 19% share price gain to CN¥16.35, the stock is trading at a trailing P/E ratio of 27.1x, up from the previous P/E ratio of 22.8x. This compares to an average P/E of 33x in the Auto Components industry in China. Is New 90 Day High Low • Jan 13
New 90-day low: CN¥13.76 The company is down 22% from its price of CN¥17.58 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 Components industry, which is up 4.0% over the same period. Is New 90 Day High Low • Dec 24
New 90-day low: CN¥16.04 The company is down 11% from its price of CN¥17.96 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 Components industry, which is up 5.0% over the same period. Reported Earnings • Oct 28
Third quarter earnings released Over the last 12 months the company has reported total profits of CN¥62.1m, down 26% from the prior year. Total revenue was CN¥288.8m over the last 12 months, down 21% from the prior year.