Announcement • Apr 20
Langfang Development Co., Ltd., Annual General Meeting, May 08, 2026 Langfang Development Co., Ltd., Annual General Meeting, May 08, 2026, at 14:40 China Standard Time. Location: The Company's Meeting Room, Langfang, Hebei China Reported Earnings • Apr 20
Full year 2025 earnings released: EPS: CN¥0.041 (vs CN¥0.22 in FY 2024) Full year 2025 results: EPS: CN¥0.041 (down from CN¥0.22 in FY 2024). Revenue: CN¥200.1m (down 50% from FY 2024). Net income: CN¥15.4m (down 82% from FY 2024). Profit margin: 7.7% (down from 21% in FY 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 81% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. New Risk • Apr 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 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 Share price has been volatile over the past 3 months (8.3% average weekly change). Profit margins are more than 30% lower than last year (7.7% net profit margin). Announcement • Mar 30
Langfang Development Co., Ltd. to Report Q1, 2026 Results on Apr 30, 2026 Langfang Development Co., Ltd. announced that they will report Q1, 2026 results on Apr 30, 2026 Announcement • Dec 26
Langfang Development Co., Ltd. to Report Fiscal Year 2025 Results on Apr 18, 2026 Langfang Development Co., Ltd. announced that they will report fiscal year 2025 results on Apr 18, 2026 Reported Earnings • Nov 01
Third quarter 2025 earnings released: CN¥0.008 loss per share (vs CN¥0.14 profit in 3Q 2024) Third quarter 2025 results: CN¥0.008 loss per share (down from CN¥0.14 profit in 3Q 2024). Revenue: CN¥11.8m (down 94% from 3Q 2024). Net loss: CN¥3.09m (down 105% from profit in 3Q 2024). Over the last 3 years on average, earnings per share has increased by 97% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Announcement • Sep 30
Langfang Development Co., Ltd. to Report Q3, 2025 Results on Oct 31, 2025 Langfang Development Co., Ltd. announced that they will report Q3, 2025 results on Oct 31, 2025 New Risk • Jul 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 7.2% 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 Risk High level of non-cash earnings (35% accrual ratio). Minor Risk Share price has been volatile over the past 3 months (7.2% average weekly change). Announcement • Jun 30
Langfang Development Co., Ltd. to Report First Half, 2025 Results on Aug 30, 2025 Langfang Development Co., Ltd. announced that they will report first half, 2025 results on Aug 30, 2025 Valuation Update With 7 Day Price Move • May 21
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to CN¥5.65, the stock trades at a trailing P/E ratio of 24.4x. Average trailing P/E is 27x in the Trade Distributors industry in China. Total returns to shareholders of 1.3% over the past three years. Reported Earnings • Apr 27
First quarter 2025 earnings released: EPS: CN¥0.019 (vs CN¥0.01 in 1Q 2024) First quarter 2025 results: EPS: CN¥0.019 (up from CN¥0.01 in 1Q 2024). Revenue: CN¥89.4m (flat on 1Q 2024). Net income: CN¥7.04m (up 85% from 1Q 2024). Profit margin: 7.9% (up from 4.3% in 1Q 2024). Over the last 3 years on average, earnings per share has increased by 117% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Announcement • Apr 26
Langfang Development Co., Ltd., Annual General Meeting, May 16, 2025 Langfang Development Co., Ltd., Annual General Meeting, May 16, 2025, at 14:40 China Standard Time. Location: The Company's Meeting Room, Langfang, Hebei China Announcement • Mar 28
Langfang Development Co., Ltd. to Report Q1, 2025 Results on Apr 26, 2025 Langfang Development Co., Ltd. announced that they will report Q1, 2025 results on Apr 26, 2025 Announcement • Dec 27
Langfang Development Co., Ltd. to Report Fiscal Year 2024 Results on Apr 26, 2025 Langfang Development Co., Ltd. announced that they will report fiscal year 2024 results on Apr 26, 2025 Valuation Update With 7 Day Price Move • Dec 23
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to CN¥4.31, the stock trades at a trailing P/E ratio of 24.4x. Average trailing P/E is 27x in the Trade Distributors industry in China. Total loss to shareholders of 14% over the past three years. Reported Earnings • Oct 31
Third quarter 2024 earnings released: EPS: CN¥0.14 (vs CN¥0.013 loss in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.14 (up from CN¥0.013 loss in 3Q 2023). Revenue: CN¥194.8m (up CN¥183.6m from 3Q 2023). Net income: CN¥69.0m (up CN¥74.0m from 3Q 2023). Profit margin: 35% (up from net loss in 3Q 2023). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 64% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Announcement • Sep 30
Langfang Development Co., Ltd. to Report Q3, 2024 Results on Oct 31, 2024 Langfang Development Co., Ltd. announced that they will report Q3, 2024 results on Oct 31, 2024 Reported Earnings • Aug 31
Second quarter 2024 earnings released: CN¥0.011 loss per share (vs CN¥0.01 loss in 2Q 2023) Second quarter 2024 results: CN¥0.011 loss per share. Revenue: CN¥14.4m (up 6.4% from 2Q 2023). Net loss: CN¥2.85m (loss narrowed 22% from 2Q 2023). Announcement • Jun 28
Langfang Development Co., Ltd. to Report First Half, 2024 Results on Aug 31, 2024 Langfang Development Co., Ltd. announced that they will report first half, 2024 results on Aug 31, 2024 Reported Earnings • Apr 28
First quarter 2024 earnings released: EPS: CN¥0.01 (vs CN¥0.009 loss in 1Q 2023) First quarter 2024 results: EPS: CN¥0.01 (up from CN¥0.009 loss in 1Q 2023). Revenue: CN¥88.7m (up 4.5% from 1Q 2023). Net income: CN¥3.80m (up CN¥7.24m from 1Q 2023). Profit margin: 4.3% (up from net loss in 1Q 2023). 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. Announcement • Apr 21
Langfang Development Co., Ltd., Annual General Meeting, May 10, 2024 Langfang Development Co., Ltd., Annual General Meeting, May 10, 2024, at 14:40 China Standard Time. Location: The Company's Meeting Room, Langfang, Hebei China Reported Earnings • Apr 20
Full year 2023 earnings released: CN¥0.039 loss per share (vs CN¥0.022 loss in FY 2022) Full year 2023 results: CN¥0.039 loss per share (further deteriorated from CN¥0.022 loss in FY 2022). Revenue: CN¥195.0m (down 8.7% from FY 2022). Net loss: CN¥14.9m (loss widened 78% from FY 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 91 percentage points per year, which is a significant difference in performance. Announcement • Mar 29
Langfang Development Co., Ltd. to Report Q1, 2024 Results on Apr 27, 2024 Langfang Development Co., Ltd. announced that they will report Q1, 2024 results on Apr 27, 2024 Announcement • Dec 29
Langfang Development Co., Ltd. to Report Fiscal Year 2023 Results on Apr 20, 2024 Langfang Development Co., Ltd. announced that they will report fiscal year 2023 results on Apr 20, 2024 Announcement • Sep 30
Langfang Development Co., Ltd. to Report Q3, 2023 Results on Oct 31, 2023 Langfang Development Co., Ltd. announced that they will report Q3, 2023 results on Oct 31, 2023 Reported Earnings • Aug 31
Second quarter 2023 earnings released: CN¥0.01 loss per share (vs CN¥0.011 loss in 2Q 2022) Second quarter 2023 results: CN¥0.01 loss per share (improved from CN¥0.011 loss in 2Q 2022). Revenue: CN¥13.5m (up 7.3% from 2Q 2022). Net loss: CN¥3.63m (loss narrowed 15% from 2Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 98 percentage points per year, which is a significant difference in performance. Buying Opportunity • Jun 21
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 20%. The fair value is estimated to be CN¥6.30, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.7% over the last 3 years. Meanwhile, the company became loss making. Reported Earnings • Apr 26
Full year 2022 earnings released: CN¥0.022 loss per share (vs CN¥0.005 profit in FY 2021) Full year 2022 results: CN¥0.022 loss per share (down from CN¥0.005 profit in FY 2021). Revenue: CN¥213.5m (down 3.3% from FY 2021). Net loss: CN¥8.38m (down CN¥10.4m from profit in FY 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 76 percentage points per year, which is a significant difference in performance. Board Change • Nov 16
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 not an independent director. The company's board is composed of: 1 new director. 10 experienced directors. No highly experienced directors. 4 independent directors (6 non-independent directors). Independent Director Youjiang Shen was the last independent director to join the board, commencing their role in 2017. 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 30
Third quarter 2022 earnings released: CN¥0.001 loss per share (vs CN¥0.011 loss in 3Q 2021) Third quarter 2022 results: CN¥0.001 loss per share (improved from CN¥0.011 loss in 3Q 2021). Revenue: CN¥21.8m (up 90% from 3Q 2021). Net loss: CN¥204.4k (loss narrowed 95% from 3Q 2021). Over the last 3 years on average, earnings per share has fallen by 59% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings. Reported Earnings • Aug 29
Second quarter 2022 earnings released: CN¥0.011 loss per share (vs CN¥0.014 loss in 2Q 2021) Second quarter 2022 results: CN¥0.011 loss per share (up from CN¥0.014 loss in 2Q 2021). Revenue: CN¥12.6m (down 1.9% from 2Q 2021). Net loss: CN¥4.26m (loss narrowed 17% from 2Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 70 percentage points per year, which is a significant difference in performance. Reported Earnings • Apr 27
Full year 2021 earnings released: EPS: CN¥0.005 (vs CN¥0.028 in FY 2020) Full year 2021 results: EPS: CN¥0.005 (down from CN¥0.028 in FY 2020). Revenue: CN¥220.8m (up 12% from FY 2020). Net income: CN¥2.03m (down 81% from FY 2020). Profit margin: 0.9% (down from 5.5% in FY 2020). Over the last 3 years on average, earnings per share has fallen by 52% per year but the company’s share price has only fallen by 12% per year, which means it has not declined as severely as earnings. Board Change • Apr 27
Less than half of directors are independent Following the recent departure of a director, there are only 5 independent directors on the board. The company's board is composed of: 5 independent directors. 7 non-independent directors. Independent Director Jing Zhou was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Buying Opportunity • Apr 11
Now 22% undervalued after recent price drop Over the last 90 days, the stock is down 6.5%. The fair value is estimated to be CN¥7.25, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 21% over the last 3 years. Meanwhile, the company became loss making. Buying Opportunity • Jan 25
Now 25% undervalued Over the last 90 days, the stock is up 19%. The fair value is estimated to be CN¥7.14, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 21% per annum over the last 3 years. The company became loss making over the last year. Reported Earnings • Oct 31
Third quarter 2021 earnings released The company reported a poor third quarter result with weaker earnings, revenues and control over costs. Third quarter 2021 results: Revenue: CN¥11.5m (down 7.0% from 3Q 2020). Net loss: CN¥4.01m (down 174% from profit in 3Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 82 percentage points per year, which is a significant difference in performance. Reported Earnings • Aug 29
Second quarter 2021 earnings released: CN¥0.013 loss per share (vs CN¥0.008 loss in 2Q 2020) The company reported a poor second quarter result with increased losses, weaker revenues and weaker control over costs. Second quarter 2021 results: Revenue: CN¥12.8m (down 1.4% from 2Q 2020). Net loss: CN¥5.14m (loss widened 55% from 2Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 68 percentage points per year, which is a significant difference in performance. Reported Earnings • May 04
First quarter 2021 earnings released: CN¥0.002 loss per share (vs CN¥0.002 profit in 1Q 2020) The company reported a poor first quarter result with weaker earnings, revenues and control over costs. First quarter 2021 results: Revenue: CN¥72.0m (down 6.8% from 1Q 2020). Net loss: CN¥602.1k (down 165% from profit in 1Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 55 percentage points per year, which is a significant difference in performance. Reported Earnings • Apr 01
Full year 2020 earnings released: EPS CN¥0.028 (vs CN¥0.007 in FY 2019) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: CN¥197.0m (up 5.2% from FY 2019). Net income: CN¥10.8m (up 328% from FY 2019). Profit margin: 5.5% (up from 1.3% in FY 2019). 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 14% per year, which means it has not declined as severely as earnings. Announcement • Mar 09
Langfang Development Co., Ltd. to Report Fiscal Year 2020 Results on Mar 31, 2021 Langfang Development Co., Ltd. announced that they will report fiscal year 2020 results on Mar 31, 2021 Is New 90 Day High Low • Feb 03
New 90-day low: CN¥4.11 The company is down 16% from its price of CN¥4.90 on 05 November 2020. The Chinese market is up 6.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Trade Distributors industry, which is down 6.0% over the same period. Is New 90 Day High Low • Jan 07
New 90-day low: CN¥4.40 The company is down 10.0% from its price of CN¥4.91 on 09 October 2020. The Chinese market is up 11% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Trade Distributors industry, which is up 1.0% over the same period. Is New 90 Day High Low • Dec 16
New 90-day low: CN¥4.73 The company is down 5.0% from its price of CN¥4.97 on 17 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 Trade Distributors industry, which is down 2.0% over the same period. Reported Earnings • Nov 01
Third quarter earnings released Over the last 12 months the company has reported total profits of CN¥9.88m, up 10% from the prior year. Total revenue was CN¥187.1m over the last 12 months, up 28% from the prior year. Announcement • Oct 29
Langfang Development Co., Ltd. to Report Q3, 2020 Results on Oct 31, 2020 Langfang Development Co., Ltd. announced that they will report Q3, 2020 results on Oct 31, 2020 Is New 90 Day High Low • Oct 23
New 90-day low: CN¥4.76 The company is down 3.0% from its price of CN¥4.90 on 24 July 2020. The Chinese market is up 4.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Trade Distributors industry, which is down 4.0% over the same period. Is New 90 Day High Low • Sep 28
New 90-day low: CN¥4.78 The company is down 1.0% from its price of CN¥4.85 on 30 June 2020. The Chinese market is up 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Trade Distributors industry, which is up 2.0% over the same period. Announcement • Jul 17
Langfang Development Co., Ltd. to Report First Half, 2020 Results on Aug 29, 2020 Langfang Development Co., Ltd. announced that they will report first half, 2020 results on Aug 29, 2020