New Risk • Jul 11
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. Valuation Update With 7 Day Price Move • Jul 06
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to CN¥30.83, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 19x in the Auto Components industry in China. Total returns to shareholders of 387% over the past three years. Announcement • Jun 30
Shuanglin Co., Ltd. to Report First Half, 2026 Results on Aug 25, 2026 Shuanglin Co., Ltd. announced that they will report first half, 2026 results on Aug 25, 2026 Valuation Update With 7 Day Price Move • Jun 03
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to CN¥29.25, the stock trades at a forward P/E ratio of 26x. Average forward P/E is 20x in the Auto Components industry in China. Total returns to shareholders of 469% over the past three years. Announcement • Mar 31
Shuanglin Co., Ltd. to Report Q1, 2026 Results on Apr 29, 2026 Shuanglin Co., Ltd. announced that they will report Q1, 2026 results on Apr 29, 2026 Announcement • Mar 24
Shuanglin Co., Ltd., Annual General Meeting, Apr 14, 2026 Shuanglin Co., Ltd., Annual General Meeting, Apr 14, 2026, at 14:00 China Standard Time. Location: The Company's Meeting Room, Shanghai China Announcement • Dec 31
Shuanglin Co., Ltd. to Report Fiscal Year 2025 Results on Mar 30, 2026 Shuanglin Co., Ltd. announced that they will report fiscal year 2025 results on Mar 30, 2026 Announcement • Sep 30
Shuanglin Co., Ltd. to Report Q3, 2025 Results on Oct 27, 2025 Shuanglin Co., Ltd. announced that they will report Q3, 2025 results on Oct 27, 2025 Announcement • Jul 02
Ningbo Shuanglin Auto Parts Co.,Ltd. to Report First Half, 2025 Results on Aug 07, 2025 Ningbo Shuanglin Auto Parts Co.,Ltd. announced that they will report first half, 2025 results on Aug 07, 2025 Announcement • Apr 17
Ningbo Shuanglin Auto Parts Co.,Ltd. Proposes Final Cash Dividend for the Year 2024 Ningbo Shuanglin Auto Parts Co.,Ltd. announced on 16 April 2025 the profit distribution proposal for the year 2024 as final cash dividend/10 shares (tax included) of CNY 2.00000000. Announcement • Apr 16
Ningbo Shuanglin Auto Parts Co.,Ltd., Annual General Meeting, May 06, 2025 Ningbo Shuanglin Auto Parts Co.,Ltd., Annual General Meeting, May 06, 2025, at 14:00 China Standard Time. Location: No. 666, HuangXiKou, Xidian Town, Ninghai County, Ningbo, Zhejiang China Announcement • Mar 31
Ningbo Shuanglin Auto Parts Co.,Ltd. to Report Q1, 2025 Results on Apr 28, 2025 Ningbo Shuanglin Auto Parts Co.,Ltd. announced that they will report Q1, 2025 results on Apr 28, 2025 Announcement • Dec 31
Ningbo Shuanglin Auto Parts Co.,Ltd. to Report Fiscal Year 2024 Results on Apr 16, 2025 Ningbo Shuanglin Auto Parts Co.,Ltd. announced that they will report fiscal year 2024 results on Apr 16, 2025 Valuation Update With 7 Day Price Move • Nov 08
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥22.49, the stock trades at a trailing P/E ratio of 25.6x. Average trailing P/E is 31x in the Auto Components industry in China. Total returns to shareholders of 135% over the past three years. Reported Earnings • Oct 23
Third quarter 2024 earnings released: EPS: CN¥0.29 (vs CN¥0.082 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.29 (up from CN¥0.082 in 3Q 2023). Revenue: CN¥1.13b (up 6.3% from 3Q 2023). Net income: CN¥118.3m (up 257% from 3Q 2023). Profit margin: 10% (up from 3.1% in 3Q 2023). The increase in margin was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 47% per year but the company’s share price has only increased by 38% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Oct 15
Investor sentiment deteriorates as stock falls 21% After last week's 21% share price decline to CN¥19.06, the stock trades at a trailing P/E ratio of 29.3x. Average trailing P/E is 28x in the Auto Components industry in China. Total returns to shareholders of 124% over the past three years. Announcement • Sep 30
Ningbo Shuanglin Auto Parts Co.,Ltd. to Report Q3, 2024 Results on Oct 23, 2024 Ningbo Shuanglin Auto Parts Co.,Ltd. announced that they will report Q3, 2024 results on Oct 23, 2024 Buy Or Sell Opportunity • Sep 27
Now 22% overvalued after recent price rise Over the last 90 days, the stock has risen 56% to CN¥16.75. The fair value is estimated to be CN¥13.77, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 4.4% over the last 3 years. Earnings per share has grown by 24%. Valuation Update With 7 Day Price Move • Sep 26
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to CN¥15.24, the stock trades at a trailing P/E ratio of 22.9x. Average trailing P/E is 24x in the Auto Components industry in China. Total returns to shareholders of 85% over the past three years. Reported Earnings • Aug 08
Second quarter 2024 earnings released: EPS: CN¥0.43 (vs CN¥0.056 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.43 (up from CN¥0.056 in 2Q 2023). Revenue: CN¥1.04b (up 12% from 2Q 2023). Net income: CN¥170.6m (up CN¥148.0m from 2Q 2023). Profit margin: 16% (up from 2.4% in 2Q 2023). The increase in margin was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Aug 01
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to CN¥13.08, the stock trades at a trailing P/E ratio of 45.7x. Average trailing P/E is 27x in the Auto Components industry in China. Total returns to shareholders of 23% over the past three years. New Risk • Jul 11
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 8.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (8.3% average weekly change). Large one-off items impacting financial results. Valuation Update With 7 Day Price Move • Jul 10
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to CN¥12.79, the stock trades at a trailing P/E ratio of 42.1x. Average trailing P/E is 26x in the Auto Components industry in China. Total returns to shareholders of 26% over the past three years. Announcement • Jun 29
Ningbo Shuanglin Auto Parts Co.,Ltd. to Report First Half, 2024 Results on Aug 08, 2024 Ningbo Shuanglin Auto Parts Co.,Ltd. announced that they will report first half, 2024 results on Aug 08, 2024 Announcement • May 12
Ningbo Shuanglin Auto Parts Co.,Ltd. Announces Directorate Appointments Ningbo Shuanglin Auto Parts Co.,Ltd. at its AGM held on May 9, 2024, approved Election and nomination Wu Jianbin and Zhu Liming as non-independent directors;and the election and nomination of Wang Minquan, independent director as independent director. Announcement • May 11
Ningbo Shuanglin Auto Parts Co.,Ltd. Approves Cash Dividend for 2023 Ningbo Shuanglin Auto Parts Co.,Ltd. at its AGM held on May 9, 2024, approved Cash dividend of CNY 1.00000000 per 10 shares (tax included) for 2023. New Risk • Apr 20
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 40% 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: Minor Risks Share price has been volatile over the past 3 months (12% average weekly change). Large one-off items impacting financial results. Announcement • Apr 20
Ningbo Shuanglin Auto Parts Co.,Ltd., Annual General Meeting, May 09, 2024 Ningbo Shuanglin Auto Parts Co.,Ltd., Annual General Meeting, May 09, 2024, at 14:00 China Standard Time. Location: No. 666, Huangxikou, Xidian Town, Ninghai County, Ningbo, Zhejiang China Announcement • Mar 30
Ningbo Shuanglin Auto Parts Co.,Ltd. to Report Q1, 2024 Results on Apr 19, 2024 Ningbo Shuanglin Auto Parts Co.,Ltd. announced that they will report Q1, 2024 results on Apr 19, 2024 Valuation Update With 7 Day Price Move • Feb 07
Investor sentiment deteriorates as stock falls 22% After last week's 22% share price decline to CN¥5.75, the stock trades at a trailing P/E ratio of 26.5x. Average trailing P/E is 24x in the Auto Components industry in China. Total loss to shareholders of 27% over the past three years. Valuation Update With 7 Day Price Move • Jan 23
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to CN¥8.12, the stock trades at a trailing P/E ratio of 37.4x. Average trailing P/E is 29x in the Auto Components industry in China. Total loss to shareholders of 15% over the past three years. Announcement • Dec 30
Ningbo Shuanglin Auto Parts Co.,Ltd. to Report Fiscal Year 2023 Results on Apr 19, 2024 Ningbo Shuanglin Auto Parts Co.,Ltd. announced that they will report fiscal year 2023 results on Apr 19, 2024 Valuation Update With 7 Day Price Move • Oct 29
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥10.41, the stock trades at a trailing P/E ratio of 48x. Average trailing P/E is 37x in the Auto Components industry in China. Total loss to shareholders of 29% over the past three years. New Risk • Oct 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 6.5% 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 (6.5% average weekly change). Profit margins are more than 30% lower than last year (2.1% net profit margin). Reported Earnings • Oct 23
Third quarter 2023 earnings released: EPS: CN¥0.082 (vs CN¥0.10 in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.082 (down from CN¥0.10 in 3Q 2022). Revenue: CN¥1.07b (flat on 3Q 2022). Net income: CN¥33.2m (down 18% from 3Q 2022). Profit margin: 3.1% (down from 3.8% in 3Q 2022). Over the last 3 years on average, earnings per share has increased by 74% per year but the company’s share price has fallen by 21% per year, which means it is significantly lagging earnings. New Risk • Aug 22
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 28% 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: Minor Risks Share price has been volatile over the past 3 months (6.7% average weekly change). Large one-off items impacting financial results. Reported Earnings • Aug 22
Second quarter 2023 earnings released: EPS: CN¥0.056 (vs CN¥0.035 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.056 (up from CN¥0.035 in 2Q 2022). Revenue: CN¥928.4m (up 15% from 2Q 2022). Net income: CN¥22.6m (up 60% from 2Q 2022). Profit margin: 2.4% (up from 1.7% in 2Q 2022). Over the last 3 years on average, earnings per share has increased by 105% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth. New Risk • Jul 28
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 6.5% 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 High level of debt (41% net debt to equity). Share price has been volatile over the past 3 months (6.5% average weekly change). Announcement • Jul 01
Ningbo Shuanglin Auto Parts Co.,Ltd. to Report First Half, 2023 Results on Aug 22, 2023 Ningbo Shuanglin Auto Parts Co.,Ltd. announced that they will report first half, 2023 results on Aug 22, 2023 Reported Earnings • Apr 19
First quarter 2023 earnings released: EPS: CN¥0.10 (vs CN¥0.078 in 1Q 2022) First quarter 2023 results: EPS: CN¥0.10 (up from CN¥0.078 in 1Q 2022). Revenue: CN¥888.6m (down 16% from 1Q 2022). Net income: CN¥42.2m (up 35% from 1Q 2022). Profit margin: 4.8% (up from 2.9% in 1Q 2022). Over the last 3 years on average, earnings per share has increased by 115% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth. Board Change • Nov 16
High number of new directors There are 6 new directors who have joined the board in the last 3 years. Supervisor Qiongqiong Yang was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Oct 21
Third quarter 2022 earnings released: EPS: CN¥0.10 (vs CN¥0.032 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.10 (up from CN¥0.032 in 3Q 2021). Revenue: CN¥1.08b (up 19% from 3Q 2021). Net income: CN¥40.5m (up 213% from 3Q 2021). Profit margin: 3.8% (up from 1.4% in 3Q 2021). Over the last 3 years on average, earnings per share has increased by 100% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth. Reported Earnings • Aug 19
Second quarter 2022 earnings released: EPS: CN¥0.035 (vs CN¥0.061 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.035 (down from CN¥0.061 in 2Q 2021). Revenue: CN¥807.1m (down 13% from 2Q 2021). Net income: CN¥14.1m (down 44% from 2Q 2021). Profit margin: 1.7% (down from 2.7% in 2Q 2021). Over the last 3 years on average, earnings per share has increased by 83% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth. Board Change • Apr 27
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Non-Independent Director Liming Zhu was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Apr 19
Full year 2021 earnings released: EPS: CN¥0.32 (vs CN¥0.20 in FY 2020) Full year 2021 results: EPS: CN¥0.32 (up from CN¥0.20 in FY 2020). Revenue: CN¥3.68b (up 3.0% from FY 2020). Net income: CN¥128.9m (up 42% from FY 2020). Profit margin: 3.5% (up from 2.5% in FY 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings. Reported Earnings • Oct 26
Third quarter 2021 earnings released: EPS CN¥0.032 (vs CN¥0.27 in 3Q 2020) The company reported a soft third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: CN¥908.2m (up 1.1% from 3Q 2020). Net income: CN¥12.9m (down 89% from 3Q 2020). Profit margin: 1.4% (down from 14% in 3Q 2020). Over the last 3 years on average, earnings per share has increased by 5% per year whereas the company’s share price has increased by 4% per year. Reported Earnings • Aug 27
Second quarter 2021 earnings released: EPS CN¥0.061 (vs CN¥0.076 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¥930.5m (up 23% from 2Q 2020). Net income: CN¥25.0m (down 28% from 2Q 2020). Profit margin: 2.7% (down from 4.6% in 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Jul 29
Investor sentiment deteriorated over the past week After last week's 19% share price decline to CN¥9.25, the stock trades at a trailing P/E ratio of 31x. Average trailing P/E is 29x in the Auto Components industry in China. Total loss to shareholders of 4.9% over the past three years. Reported Earnings • Apr 29
First quarter 2021 earnings released: EPS CN¥0.14 (vs CN¥0.034 in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: CN¥1.03b (up 40% from 1Q 2020). Net income: CN¥56.1m (up 265% from 1Q 2020). Profit margin: 5.5% (up from 2.1% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 57% per year but the company’s share price has only fallen by 13% per year, which means it has not declined as severely as earnings. Valuation Update With 7 Day Price Move • Apr 20
Investor sentiment improved over the past week After last week's 28% share price gain to CN¥10.40, the stock trades at a trailing P/E ratio of 52x. Average trailing P/E is 33x in the Auto Components industry in China. Total loss to shareholders of 27% over the past three years. Is New 90 Day High Low • Jan 29
New 90-day low: CN¥9.73 The company is down 38% from its price of CN¥15.62 on 30 October 2020. The Chinese market is up 9.0% 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 • Jan 09
New 90-day low: CN¥10.57 The company is down 10.0% from its price of CN¥11.80 on 12 October 2020. The Chinese market is up 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Auto Components industry, which is up 6.0% over the same period. Reported Earnings • Oct 23
Third quarter earnings released Over the last 12 months the company has reported total losses of CN¥789.3m, with losses widening by 217% from the prior year. Total revenue was CN¥3.52b over the last 12 months, down 23% from the prior year. Is New 90 Day High Low • Oct 22
New 90-day high: CN¥15.90 The company is up 192% from its price of CN¥5.45 on 24 July 2020. The Chinese market is down 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Auto Components industry, which is up 10.0% over the same period. 
