Announcement • Jul 01
Beijing Creative Group Co., Ltd. to Report First Half, 2026 Results on Aug 27, 2026 Beijing Creative Group Co., Ltd. announced that they will report first half, 2026 results on Aug 27, 2026 Declared Dividend • Jun 08
Dividend increased to CN¥0.032 Dividend of CN¥0.032 is 6.7% higher than last year. Ex-date: 10th June 2026 Payment date: 10th June 2026 Dividend yield will be 0.2%, which is lower than the industry average of 1.6%. Sustainability & Growth Dividend is covered by both earnings (82% earnings payout ratio) and cash flows (4% cash payout ratio). The dividend has increased by an average of 1.8% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to decline by 9.3% to shift the payout ratio to a potentially unsustainable range, which is less than the 23% EPS decline seen over the last 5 years. Announcement • May 30
Beijing Creative Group Co., Ltd. Approves Profit Distribution Plan for 2025 Beijing Creative Group Co., Ltd. at the AGM held on May 27, 2026 approved profit distribution plan for 2025 as follows: Cash dividend/10 shares (tax included): CNY 0.32000000. New Risk • May 01
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: 0.9% Last year net profit margin: 3.2% 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: Major Risk Earnings have declined by 20% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (9.0% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.9% net profit margin). New Risk • Apr 29
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 45% 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: Major Risk Earnings have declined by 22% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (9.0% average weekly change). Large one-off items impacting financial results. Reported Earnings • Apr 29
Full year 2025 earnings released: EPS: CN¥0.11 (vs CN¥0.074 in FY 2024) Full year 2025 results: EPS: CN¥0.11 (up from CN¥0.074 in FY 2024). Revenue: CN¥2.15b (up 5.3% from FY 2024). Net income: CN¥54.5m (up 39% from FY 2024). Profit margin: 2.5% (up from 1.9% in FY 2024). 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 23% per year, which means it is significantly lagging earnings growth. Announcement • Apr 29
Beijing Creative Group Co., Ltd., Annual General Meeting, May 26, 2026 Beijing Creative Group Co., Ltd., Annual General Meeting, May 26, 2026, at 14:00 China Standard Time. Location: The Company's Meeting Room, Beijing China Announcement • Mar 31
Beijing Creative Group Co., Ltd. to Report Q1, 2026 Results on Apr 29, 2026 Beijing Creative Group Co., Ltd. announced that they will report Q1, 2026 results on Apr 29, 2026 New Risk • Mar 03
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 7.6% 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 28% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (7.6% average weekly change). Announcement • Dec 31
Beijing Creative Group Co., Ltd. to Report Fiscal Year 2025 Results on Apr 29, 2026 Beijing Creative Group Co., Ltd. announced that they will report fiscal year 2025 results on Apr 29, 2026 Buy Or Sell Opportunity • Dec 19
Now 22% overvalued after recent price rise Over the last 90 days, the stock has risen 20% to CN¥8.51. The fair value is estimated to be CN¥6.97, 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. Meanwhile, the company has become profitable. Buy Or Sell Opportunity • Nov 28
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 20% to CN¥8.38. The fair value is estimated to be CN¥6.90, 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. Meanwhile, the company has become profitable. Valuation Update With 7 Day Price Move • Nov 07
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to CN¥9.12, the stock trades at a trailing P/E ratio of 70.4x. Average trailing P/E is 53x in the Electrical industry in China. Total returns to shareholders of 19% over the past three years. Buy Or Sell Opportunity • Nov 04
Now 20% overvalued after recent price rise Over the last 90 days, the stock has risen 12% to CN¥8.09. The fair value is estimated to be CN¥6.72, 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. Meanwhile, the company has become profitable. Reported Earnings • Oct 29
Third quarter 2025 earnings released: EPS: CN¥0.023 (vs CN¥0.026 in 3Q 2024) Third quarter 2025 results: EPS: CN¥0.023 (down from CN¥0.026 in 3Q 2024). Revenue: CN¥500.1m (flat on 3Q 2024). Net income: CN¥12.0m (down 13% from 3Q 2024). Profit margin: 2.4% (down from 2.8% in 3Q 2024). Over the last 3 years on average, earnings per share has increased by 7% 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
Beijing Creative Group Co., Ltd. to Report Q3, 2025 Results on Oct 29, 2025 Beijing Creative Group Co., Ltd. announced that they will report Q3, 2025 results on Oct 29, 2025 New Risk • Sep 02
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. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 36% per year over the past 5 years. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Announcement • Aug 28
Beijing Creative Group Co., Ltd. (SZSE:002350) announces an Equity Buyback for CNY 100 million worth of its shares. Beijing Creative Group Co., Ltd. (SZSE:002350) announces a share repurchase program. Under the program, the company will repurchase up to CNY 100 million. The shares will be repurchased at a price of CNY 9.90 per share. The repurchased shares will be used for the implementation of equity incentive plans or employee shareholding plan. The program is valid for 12 months. Reported Earnings • Aug 19
Second quarter 2025 earnings released: EPS: CN¥0.012 (vs CN¥0.016 in 2Q 2024) Second quarter 2025 results: EPS: CN¥0.012 (down from CN¥0.016 in 2Q 2024). Revenue: CN¥503.3m (up 2.6% from 2Q 2024). Net income: CN¥6.43m (down 22% from 2Q 2024). Profit margin: 1.3% (down from 1.7% in 2Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings. Announcement • Jul 02
Beijing Creative Group Co., Ltd. to Report First Half, 2025 Results on Aug 28, 2025 Beijing Creative Group Co., Ltd. announced that they will report first half, 2025 results on Aug 28, 2025 Announcement • Apr 26
Beijing Creative Group Co., Ltd., Annual General Meeting, May 22, 2025 Beijing Creative Group Co., Ltd., Annual General Meeting, May 22, 2025, at 14:00 China Standard Time. Location: The Company's Meeting Room, Beijing China Reported Earnings • Apr 17
Full year 2024 earnings released: EPS: CN¥0.074 (vs CN¥0.31 loss in FY 2023) Full year 2024 results: EPS: CN¥0.074 (up from CN¥0.31 loss in FY 2023). Revenue: CN¥2.11b (up 7.8% from FY 2023). Net income: CN¥39.2m (up CN¥206.2m from FY 2023). Profit margin: 1.9% (up from net loss in FY 2023). The move to profitability was primarily driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 87 percentage points per year, which is a significant difference in performance. New Risk • Apr 16
New major risk - Revenue and earnings growth Earnings have declined by 56% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. This is currently the only risk that has been identified for the company. Announcement • Mar 31
Beijing Creative Group Co., Ltd. to Report Q1, 2025 Results on Apr 26, 2025 Beijing Creative Group Co., Ltd. announced that they will report Q1, 2025 results on Apr 26, 2025 New Risk • Jan 10
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 9.4% 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 53% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (9.4% average weekly change). Announcement • Dec 31
Beijing Creative Distribution Automation Co., Ltd. to Report Fiscal Year 2024 Results on Apr 26, 2025 Beijing Creative Distribution Automation Co., Ltd. announced that they will report fiscal year 2024 results on Apr 26, 2025 Reported Earnings • Oct 30
Third quarter 2024 earnings released: EPS: CN¥0.026 (vs CN¥0.004 loss in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.026 (up from CN¥0.004 loss in 3Q 2023). Revenue: CN¥497.6m (up 12% from 3Q 2023). Net income: CN¥13.8m (up CN¥15.8m from 3Q 2023). Profit margin: 2.8% (up from net loss in 3Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 101 percentage points per year, which is a significant difference in performance. Announcement • Sep 30
Beijing Creative Distribution Automation Co., Ltd. to Report Q3, 2024 Results on Oct 30, 2024 Beijing Creative Distribution Automation Co., Ltd. announced that they will report Q3, 2024 results on Oct 30, 2024 Announcement • Sep 07
Beijing Creative Distribution Automation Co., Ltd. Elects Chen Xuejun as Independent Director Beijing Creative Distribution Automation Co., Ltd. at the Extraordinary General Meeting of 2024 on 05 September 2024 approved election and nomination of independent directors, cumulative voting system applicable: Chen Xuejun, independent director. Announcement • Aug 22
Beijing Creative Distribution Automation Co., Ltd. (SZSE:002350) Completed the acquisition of remaining 49% stake in Zhengzhou Kerui Homology Electric Power Design Co., Ltd. from Feng Aihua, Yu Zhengyang. Beijing Creative Distribution Automation Co., Ltd. (SZSE:002350) agreed to acquire remaining 49% stake in Zhengzhou Kerui Homology Electric Power Design Co., Ltd. from Feng Aihua, Yu Zhengyang for CNY 0.98 million on July 31, 2024. A cash consideration of CNY 0.98 million will be paid by Beijing Creative Distribution Automation Co., Ltd. As part of consideration, CNY 0.98 million is paid towards common equity of Zhengzhou Kerui Homology Electric Power Design Co., Ltd. Upon completion, Beijing Creative Distribution Automation Co., Ltd. will own 100% stake in Zhengzhou Kerui Homology Electric Power Design Co., Ltd.
As of June 30, 2024, Zhengzhou Kerui Homology Electric Power Design Co., Ltd. reported total assets of CNY 6.79 million and total common equity of CNY 0.52 million.
The deal has been approved by the board of directors of Beijing Creative Distribution Automation Co., Ltd.
Beijing Creative Distribution Automation Co., Ltd. (SZSE:002350) Completed the acquisition of remaining 49% stake in Zhengzhou Kerui Homology Electric Power Design Co., Ltd. from Feng Aihua, Yu Zhengyang on August 20, 2024. Reported Earnings • Aug 15
Second quarter 2024 earnings released: EPS: CN¥0.016 (vs CN¥0.008 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.016 (up from CN¥0.008 in 2Q 2023). Revenue: CN¥490.7m (down 19% from 2Q 2023). Net income: CN¥8.20m (up 89% from 2Q 2023). Profit margin: 1.7% (up from 0.7% in 2Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 97 percentage points per year, which is a significant difference in performance. New Risk • Jul 05
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 43% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (8.4% average weekly change). Announcement • Jun 29
Beijing Creative Distribution Automation Co., Ltd. to Report First Half, 2024 Results on Aug 15, 2024 Beijing Creative Distribution Automation Co., Ltd. announced that they will report first half, 2024 results on Aug 15, 2024 Reported Earnings • Apr 30
First quarter 2024 earnings released: CN¥0.038 loss per share (vs CN¥0.066 loss in 1Q 2023) First quarter 2024 results: CN¥0.038 loss per share (improved from CN¥0.066 loss in 1Q 2023). Revenue: CN¥271.2m (up 13% from 1Q 2023). Net loss: CN¥20.0m (loss narrowed 42% from 1Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 93 percentage points per year, which is a significant difference in performance. Reported Earnings • Apr 18
Full year 2023 earnings released: CN¥0.31 loss per share (vs CN¥0.029 profit in FY 2022) Full year 2023 results: CN¥0.31 loss per share (down from CN¥0.029 profit in FY 2022). Revenue: CN¥1.95b (down 10% from FY 2022). Net loss: CN¥167.0m (down CN¥182.7m from profit in FY 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 65 percentage points per year, which is a significant difference in performance. Announcement • Apr 17
Beijing Creative Distribution Automation Co., Ltd., Annual General Meeting, May 08, 2024 Beijing Creative Distribution Automation Co., Ltd., Annual General Meeting, May 08, 2024, at 14:00 China Standard Time. Location: The Company's Meeting Room, Beijing China Announcement • Mar 30
Beijing Creative Distribution Automation Co., Ltd. to Report Q1, 2024 Results on Apr 30, 2024 Beijing Creative Distribution Automation Co., Ltd. announced that they will report Q1, 2024 results on Apr 30, 2024 New Risk • Mar 13
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 9.6% 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 21% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (9.6% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.9% net profit margin). Announcement • Dec 30
Beijing Creative Distribution Automation Co., Ltd. to Report Fiscal Year 2023 Results on Apr 17, 2024 Beijing Creative Distribution Automation Co., Ltd. announced that they will report fiscal year 2023 results on Apr 17, 2024 Reported Earnings • Nov 01
Third quarter 2023 earnings released: CN¥0.004 loss per share (vs CN¥0.005 profit in 3Q 2022) Third quarter 2023 results: CN¥0.004 loss per share (down from CN¥0.005 profit in 3Q 2022). Revenue: CN¥443.9m (down 16% from 3Q 2022). Net loss: CN¥2.08m (down 173% from profit in 3Q 2022). Over the last 3 years on average, earnings per share has fallen by 27% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings. New Risk • Aug 10
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 31% 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: Major Risk Earnings have declined by 18% per year over the past 5 years. Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.1% net profit margin). Reported Earnings • Aug 10
Second quarter 2023 earnings released: EPS: CN¥0.008 (vs CN¥0.071 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.008 (down from CN¥0.071 in 2Q 2022). Revenue: CN¥608.2m (down 15% from 2Q 2022). Net income: CN¥4.34m (down 89% from 2Q 2022). Profit margin: 0.7% (down from 5.4% in 2Q 2022). Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings. Announcement • Jul 01
Beijing Creative Distribution Automation Co., Ltd. to Report First Half, 2023 Results on Aug 10, 2023 Beijing Creative Distribution Automation Co., Ltd. announced that they will report first half, 2023 results on Aug 10, 2023 Board Change • Nov 16
High number of new and inexperienced directors There are 9 new directors who have joined the board in the last 3 years. The company's board is composed of: 9 new directors. 1 experienced director. No highly experienced directors. Vice Chairman of the Board Li Hui Zhang is the most experienced director on the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Reported Earnings • Oct 26
Third quarter 2022 earnings released: EPS: CN¥0.005 (vs CN¥0.064 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.005 (down from CN¥0.064 in 3Q 2021). Revenue: CN¥526.5m (down 3.2% from 3Q 2021). Net income: CN¥2.87m (down 92% from 3Q 2021). Profit margin: 0.5% (down from 6.3% in 3Q 2021). The decrease in margin was primarily driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has increased by 17% per year, which means it is well ahead of earnings. Announcement • Oct 21
Yang Xianzhi agreed to acquire a 60% stake in Guangdong Creative Energy Service Co., Ltd. from Beijing Creative Distribution Automation Co., Ltd. (SZSE:002350) for CNY 1.8 million. Yang Xianzhi agreed to acquire a 60% stake in Guangdong Creative Energy Service Co., Ltd. from Beijing Creative Distribution Automation Co., Ltd. (SZSE:002350) for CNY 1.8 million on October 18, 2022. Beijing Creative Distribution's board approved the transaction. For the Period August 31, 2022, Guangdong Creative Energy had CNY 6.15 million of total assets and CNY 3.06 million of net assets. Post acquisition, Yang Xianzhi will hold 60% stake and Yang Xianzhi will holod 40% stake in Guangdong Creative Energy. Valuation Update With 7 Day Price Move • Aug 29
Investor sentiment improved over the past week After last week's 21% share price gain to CN¥11.37, the stock trades at a trailing P/E ratio of 79.4x. Average trailing P/E is 40x in the Electrical industry in China. Total returns to shareholders of 126% over the past three years. Reported Earnings • Aug 21
Second quarter 2022 earnings released: EPS: CN¥0.071 (vs CN¥0.036 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.071 (up from CN¥0.036 in 2Q 2021). Revenue: CN¥716.7m (up 14% from 2Q 2021). Net income: CN¥38.4m (up 94% from 2Q 2021). Profit margin: 5.4% (up from 3.2% in 2Q 2021). Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 27% per year, which means it is well ahead of earnings. Announcement • Jun 23
Beijing Creative Distribution Automation Co., Ltd. Announces Final Cash Dividend on A Shares for 2021, Payable on 29 June 2022 Beijing Creative Distribution Automation Co., Ltd. announced final cash dividend of CNY 0.10000000 per 10 shares on A shares for 2021. Record date is 28 June 2022, Ex-date is 29 June 2022 and Payment date is 29 June 2022. Valuation Update With 7 Day Price Move • May 27
Investor sentiment improved over the past week After last week's 22% share price gain to CN¥7.30, the stock trades at a trailing P/E ratio of 67.8x. Average trailing P/E is 34x in the Electrical industry in China. Total returns to shareholders of 33% over the past three years. Announcement • May 14
Beijing Creative Distribution Automation Co., Ltd. Approves Cash Dividend for the Year 2021 Beijing Creative Distribution Automation Co., Ltd. approved at its AGM held on 11 May 2022 cash dividend/10 shares (tax included) of CNY 0.10000000 for the year 2021. Reported Earnings • Apr 28
First quarter 2022 earnings: EPS exceeds analyst expectations First quarter 2022 results: CN¥0.14 loss per share (down from CN¥0.047 loss in 1Q 2021). Revenue: CN¥238.2m (down 15% from 1Q 2021). Net loss: CN¥76.0m (loss widened 201% from 1Q 2021). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates. 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 6% per year. Board Change • Apr 27
High number of new and inexperienced directors There are 9 new directors who have joined the board in the last 3 years. The company's board is composed of: 9 new directors. 1 experienced director. No highly experienced directors. Independent Director Yu Fu is the most experienced director on the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Announcement • Apr 21
Beijing Creative Distribution Automation Co., Ltd. Proposes Final Dividend for the Year 2021 Beijing Creative Distribution Automation Co., Ltd. proposed cash dividend/10 shares (tax included) of CNY 0.10000000 for the year 2021. Reported Earnings • Apr 20
Full year 2021 earnings: EPS exceeds analyst expectations Full year 2021 results: EPS: CN¥0.20 (up from CN¥0.10 in FY 2020). Revenue: CN¥2.33b (up 6.9% from FY 2020). Net income: CN¥108.5m (up 98% from FY 2020). Profit margin: 4.7% (up from 2.5% in FY 2020). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 1.8%. Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has remained flat, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Nov 22
Investor sentiment improved over the past week After last week's 15% share price gain to CN¥8.35, the stock trades at a trailing P/E ratio of 75.5x. Average trailing P/E is 47x in the Electrical industry in China. Total returns to shareholders of 50% over the past three years. Reported Earnings • Oct 28
Third quarter 2021 earnings released: EPS CN¥0.064 (vs CN¥0.069 in 3Q 2020) The company reported a mediocre third quarter result with weaker revenues, although earnings were flat and profit margins improved. Third quarter 2021 results: Revenue: CN¥544.0m (down 14% from 3Q 2020). Net income: CN¥34.5m (flat on 3Q 2020). Profit margin: 6.3% (up from 5.4% in 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has increased by 13% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Oct 11
Investor sentiment deteriorated over the past week After last week's 19% share price decline to CN¥7.63, the stock trades at a trailing P/E ratio of 69.2x. Average trailing P/E is 39x in the Electrical industry in China. Total returns to shareholders of 53% over the past three years. Valuation Update With 7 Day Price Move • Sep 01
Investor sentiment improved over the past week After last week's 19% share price gain to CN¥7.98, the stock trades at a trailing P/E ratio of 79.4x. Average trailing P/E is 38x in the Electrical industry in China. Total returns to shareholders of 46% over the past three years. Valuation Update With 7 Day Price Move • Aug 12
Investor sentiment improved over the past week After last week's 17% share price gain to CN¥6.79, the stock trades at a trailing P/E ratio of 67.5x. Average trailing P/E is 40x in the Electrical industry in China. Total returns to shareholders of 22% over the past three years. Reported Earnings • Jul 31
Second quarter 2021 earnings released: EPS CN¥0.036 (vs CN¥0.085 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¥626.8m (up 7.0% from 2Q 2020). Net income: CN¥19.8m (down 47% from 2Q 2020). Profit margin: 3.2% (down from 6.4% in 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 27% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings. Reported Earnings • Apr 28
First quarter 2021 earnings released: CN¥0.047 loss per share (vs CN¥0.085 loss in 1Q 2020) The company reported a solid first quarter result with reduced losses, improved revenues and improved control over expenses. First quarter 2021 results: Revenue: CN¥280.8m (up 31% from 1Q 2020). Net loss: CN¥25.3m (loss narrowed 45% from 1Q 2020). Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has only fallen by 15% per year, which means it has not declined as severely as earnings. Reported Earnings • Mar 30
Full year 2020 earnings released: EPS CN¥0.10 (vs CN¥0.16 in FY 2019) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: CN¥2.18b (down 9.8% from FY 2019). Net income: CN¥54.8m (down 34% from FY 2019). Profit margin: 2.5% (down from 3.4% in FY 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 21% 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. Announcement • Feb 25
Beijing Creative Distribution Automation Co., Ltd. to Report Fiscal Year 2020 Results on Mar 30, 2021 Beijing Creative Distribution Automation Co., Ltd. announced that they will report fiscal year 2020 results on Mar 30, 2021 Is New 90 Day High Low • Jan 29
New 90-day low: CN¥5.10 The company is down 1.0% from its price of CN¥5.13 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 Electrical industry, which is up 24% over the same period. Is New 90 Day High Low • Dec 25
New 90-day high: CN¥6.19 The company is up 22% from its price of CN¥5.06 on 25 September 2020. The Chinese market is up 5.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Electrical industry, which is up 26% over the same period. Is New 90 Day High Low • Dec 07
New 90-day high: CN¥6.18 The company is up 9.0% from its price of CN¥5.66 on 08 September 2020. The Chinese market is up 3.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Electrical industry, which is up 12% over the same period. Reported Earnings • Oct 30
Third quarter earnings released Over the last 12 months the company has reported total profits of CN¥59.6m, down 31% from the prior year. Total revenue was CN¥2.25b over the last 12 months, down 8.5% from the prior year. Is New 90 Day High Low • Sep 24
New 90-day low: CN¥5.14 The company is down 2.0% from its price of CN¥5.27 on 24 June 2020. The Chinese market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electrical industry, which is up 13% over the same period. Announcement • Jul 18
Beijing Creative Distribution Automation Co., Ltd. to Report First Half, 2020 Results on Aug 15, 2020 Beijing Creative Distribution Automation Co., Ltd. announced that they will report first half, 2020 results on Aug 15, 2020 
