New Risk • May 06
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: Major Risk Earnings have declined by 32% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (8.3% average weekly change). New Risk • Apr 30
New major risk - Revenue and earnings growth Earnings have declined by 32% 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 • Apr 30
Beijing Chieftain Control Technology Group Co., Ltd., Annual General Meeting, May 21, 2026 Beijing Chieftain Control Technology Group Co., Ltd., Annual General Meeting, May 21, 2026, at 14:00 China Standard Time. Location: 6F, No. 27, Qingfeng West Road, Biomedicine Industrial Base, Daxing District, Beijing China Announcement • Mar 31
Beijing Chieftain Control Technology Group Co., Ltd. to Report Q1, 2026 Results on Apr 29, 2026 Beijing Chieftain Control Technology Group Co., Ltd. announced that they will report Q1, 2026 results on Apr 29, 2026 Valuation Update With 7 Day Price Move • Mar 23
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to CN¥17.51, the stock trades at a trailing P/E ratio of 72.1x. Average trailing P/E is 52x in the Machinery industry in China. Total returns to shareholders of 13% over the past three years. New Risk • Jan 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 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). Profit margins are more than 30% lower than last year (8.3% net profit margin). Announcement • Dec 31
Beijing Chieftain Control Technology Group Co., Ltd. to Report Fiscal Year 2025 Results on Apr 25, 2026 Beijing Chieftain Control Technology Group 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¥0.059 (vs CN¥0.052 in 3Q 2024) Third quarter 2025 results: EPS: CN¥0.059 (up from CN¥0.052 in 3Q 2024). Revenue: CN¥225.2m (up 49% from 3Q 2024). Net income: CN¥16.7m (up 15% from 3Q 2024). Profit margin: 7.4% (down from 9.6% in 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has increased by 14% per year, which means it is well ahead of earnings. Announcement • Sep 30
Beijing Chieftain Control Technology Group Co., Ltd. to Report Q3, 2025 Results on Oct 30, 2025 Beijing Chieftain Control Technology Group Co., Ltd. announced that they will report Q3, 2025 results on Oct 30, 2025 Buy Or Sell Opportunity • Jul 23
Now 21% undervalued Over the last 90 days, the stock has risen 25% to CN¥19.81. The fair value is estimated to be CN¥24.95, however this is not to be taken as a buy 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 3.2%. Buy Or Sell Opportunity • Jul 07
Now 20% undervalued Over the last 90 days, the stock has risen 27% to CN¥20.00. The fair value is estimated to be CN¥25.03, however this is not to be taken as a buy 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 3.2%. Announcement • Jul 02
Beijing Chieftain Control Technology Group Co., Ltd. to Report First Half, 2025 Results on Aug 27, 2025 Beijing Chieftain Control Technology Group Co., Ltd. announced that they will report first half, 2025 results on Aug 27, 2025 Buy Or Sell Opportunity • Jun 04
Now 21% undervalued Over the last 90 days, the stock has risen 7.3% to CN¥19.95. The fair value is estimated to be CN¥25.31, however this is not to be taken as a buy 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 3.2%. Announcement • Apr 25
Beijing Chieftain Control Technology Group Co., Ltd. Announces Profit Distribution Proposal for 2024 Beijing Chieftain Control Technology Group Co., Ltd. announced profit distribution proposal for 2024 Cash dividend/10 shares (tax included): CNY 0.45000000 per share. Reported Earnings • Apr 24
First quarter 2025 earnings released: EPS: CN¥0.05 (vs CN¥0.11 in 1Q 2024) First quarter 2025 results: EPS: CN¥0.05 (down from CN¥0.11 in 1Q 2024). Revenue: CN¥189.3m (down 29% from 1Q 2024). Net income: CN¥12.6m (down 59% from 1Q 2024). Profit margin: 6.7% (down from 12% in 1Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 23% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Apr 24
Beijing Chieftain Control Technology Group Co., Ltd., Annual General Meeting, May 15, 2025 Beijing Chieftain Control Technology Group Co., Ltd., Annual General Meeting, May 15, 2025, at 14:00 China Standard Time. Location: 6F, No. 27, Qingfeng West Road, Biomedicine Industrial Base, Daxing District, Beijing China Announcement • Mar 31
Beijing Chieftain Control Technology Group Co., Ltd. to Report Q1, 2025 Results on Apr 24, 2025 Beijing Chieftain Control Technology Group Co., Ltd. announced that they will report Q1, 2025 results on Apr 24, 2025 Valuation Update With 7 Day Price Move • Mar 27
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to CN¥18.40, the stock trades at a trailing P/E ratio of 35.7x. Average trailing P/E is 43x in the Machinery industry in China. Total returns to shareholders of 39% over the past three years. New Risk • Mar 12
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 10% 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. This is currently the only risk that has been identified for the company. Valuation Update With 7 Day Price Move • Mar 12
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥20.48, the stock trades at a trailing P/E ratio of 39.7x. Average trailing P/E is 42x in the Machinery industry in China. Total returns to shareholders of 95% over the past three years. Valuation Update With 7 Day Price Move • Jan 03
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to CN¥14.30, the stock trades at a trailing P/E ratio of 27.7x. Average trailing P/E is 33x in the Machinery industry in China. Total returns to shareholders of 11% over the past three years. Announcement • Dec 31
Beijing Chieftain Control Technology Group Co., Ltd. to Report Fiscal Year 2024 Results on Apr 24, 2025 Beijing Chieftain Control Technology Group Co., Ltd. announced that they will report fiscal year 2024 results on Apr 24, 2025 New Risk • Dec 23
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 13% 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. This is currently the only risk that has been identified for the company. Valuation Update With 7 Day Price Move • Nov 06
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥16.74, the stock trades at a trailing P/E ratio of 32.5x. Average trailing P/E is 35x in the Machinery industry in China. Total returns to shareholders of 77% over the past three years. Reported Earnings • Oct 30
Third quarter 2024 earnings released: EPS: CN¥0.052 (vs CN¥0.20 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.052 (down from CN¥0.20 in 3Q 2023). Revenue: CN¥151.5m (down 46% from 3Q 2023). Net income: CN¥14.5m (down 73% from 3Q 2023). Profit margin: 9.6% (down from 19% in 3Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 20% per year whereas the company’s share price has increased by 16% per year. Valuation Update With 7 Day Price Move • Oct 21
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to CN¥15.52, the stock trades at a trailing P/E ratio of 23.6x. Average trailing P/E is 31x in the Machinery industry in China. Total returns to shareholders of 56% over the past three years. New Risk • Sep 30
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 8.7% 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. This is currently the only risk that has been identified for the company. Announcement • Sep 30
Beijing Chieftain Control Engineering Technology Co., Ltd. to Report Q3, 2024 Results on Oct 25, 2024 Beijing Chieftain Control Engineering Technology Co., Ltd. announced that they will report Q3, 2024 results on Oct 25, 2024 Valuation Update With 7 Day Price Move • Sep 27
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to CN¥12.17, the stock trades at a trailing P/E ratio of 18.5x. Average trailing P/E is 28x in the Machinery industry in China. Total returns to shareholders of 20% over the past three years. Announcement • Sep 12
Beijing Chieftain Control Engineering Technology Co., Ltd. Approves Interim Dividend for the Year 2024 Beijing Chieftain Control Engineering Technology Co., Ltd. approved at its EGM held on 10 September 2024 the interim cash dividend/10 shares (tax included) of CNY 0.25000000 for the year 2024. Reported Earnings • Aug 23
Second quarter 2024 earnings released: EPS: CN¥0.20 (vs CN¥0.19 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.20 (up from CN¥0.19 in 2Q 2023). Revenue: CN¥375.8m (down 6.9% from 2Q 2023). Net income: CN¥52.8m (up 1.7% from 2Q 2023). Profit margin: 14% (up from 13% in 2Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Jul 12
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to CN¥11.80, the stock trades at a trailing P/E ratio of 18x. Average trailing P/E is 27x in the Machinery industry in China. Total returns to shareholders of 1.2% over the past three years. Declared Dividend • Jul 05
Dividend increased to CN¥0.055 Dividend of CN¥0.055 is 175% higher than last year. Ex-date: 9th July 2024 Payment date: 9th July 2024 Dividend yield will be 0.4%, which is lower than the industry average of 2.0%. Sustainability & Growth Dividend is covered by earnings (8% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 2.2% per year over the past 8 years. However, payments have been volatile during that time. Earnings per share has grown by 12% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Announcement • Jun 29
Beijing Chieftain Control Engineering Technology Co., Ltd. to Report First Half, 2024 Results on Aug 23, 2024 Beijing Chieftain Control Engineering Technology Co., Ltd. announced that they will report first half, 2024 results on Aug 23, 2024 Valuation Update With 7 Day Price Move • May 14
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to CN¥16.41, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 17x in the Machinery industry in China. Total returns to shareholders of 78% over the past three years. Reported Earnings • Apr 22
Full year 2023 earnings: EPS exceeds analyst expectations Full year 2023 results: EPS: CN¥0.63 (up from CN¥0.46 in FY 2022). Revenue: CN¥1.18b (up 21% from FY 2022). Net income: CN¥170.1m (up 36% from FY 2022). Profit margin: 14% (up from 13% in FY 2022). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 1.6%. Revenue is forecast to grow 17% p.a. on average during the next 2 years, compared to a 17% growth forecast for the Machinery industry in China. Over the last 3 years on average, earnings per share has increased by 24% per year whereas the company’s share price has increased by 26% per year. Announcement • Mar 30
Beijing Chieftain Control Engineering Technology Co., Ltd. to Report Q1, 2024 Results on Apr 29, 2024 Beijing Chieftain Control Engineering Technology Co., Ltd. announced that they will report Q1, 2024 results on Apr 29, 2024 Valuation Update With 7 Day Price Move • Mar 27
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to CN¥15.60, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 17x in the Machinery industry in China. Total returns to shareholders of 117% over the past three years. Valuation Update With 7 Day Price Move • Mar 08
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to CN¥17.71, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 17x in the Machinery industry in China. Total returns to shareholders of 143% over the past three years. Valuation Update With 7 Day Price Move • Feb 21
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to CN¥12.12, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 15x in the Machinery industry in China. Total returns to shareholders of 60% over the past three years. New Risk • Feb 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 8.0% 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. This is currently the only risk that has been identified for the company. Valuation Update With 7 Day Price Move • Feb 02
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to CN¥9.93, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 14x in the Machinery industry in China. Total returns to shareholders of 45% over the past three years. Board Change • Jan 01
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. 7 experienced directors. No highly experienced directors. Director & Deputy gm Wenyong Zhu was the last director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Announcement • Dec 30
Beijing Chieftain Control Engineering Technology Co., Ltd. to Report Fiscal Year 2023 Results on Apr 22, 2024 Beijing Chieftain Control Engineering Technology Co., Ltd. announced that they will report fiscal year 2023 results on Apr 22, 2024 Reported Earnings • Oct 27
Third quarter 2023 earnings released: EPS: CN¥0.20 (vs CN¥0.09 in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.20 (up from CN¥0.09 in 3Q 2022). Revenue: CN¥279.6m (up 13% from 3Q 2022). Net income: CN¥53.4m (up 126% from 3Q 2022). Profit margin: 19% (up from 9.5% in 3Q 2022). Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 21% growth forecast for the Machinery industry in China. 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 12% per year, which means it is significantly lagging earnings growth. Reported Earnings • Aug 25
Second quarter 2023 earnings released: EPS: CN¥0.19 (vs CN¥0.14 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.19 (up from CN¥0.14 in 2Q 2022). Revenue: CN¥403.6m (up 67% from 2Q 2022). Net income: CN¥51.9m (up 53% from 2Q 2022). Profit margin: 13% (down from 14% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Machinery industry in China. 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 16% per year, which means it is significantly lagging earnings growth. Announcement • Jul 07
Beijing Chieftain Control Engineering Technology Co., Ltd. Announces 2022 Final Profit Distribution Plan to Be Implemented (A Shares), Payment Date 12 July 2023 Beijing Chieftain Control Engineering Technology Co., Ltd. announced the 2022 final profit distribution plan to be implemented (A shares): Cash dividend/10 shares (tax included): CNY 0.20000000. Record date is 11 July 2023, Ex-date is 12 July 2023, the Payment date is 12 July 2023. Announcement • Jul 01
Beijing Chieftain Control Engineering Technology Co., Ltd. to Report First Half, 2023 Results on Aug 25, 2023 Beijing Chieftain Control Engineering Technology Co., Ltd. announced that they will report first half, 2023 results on Aug 25, 2023 Board Change • Jun 22
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 10 experienced directors. No highly experienced directors. Director & Deputy gm Wenyong Zhu was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Announcement • Jun 09
Beijing Chieftain Control Engineering Technology Co., Ltd., Annual General Meeting, Jun 26, 2023 Beijing Chieftain Control Engineering Technology Co., Ltd., Annual General Meeting, Jun 26, 2023, at 14:00 China Standard Time. Agenda: To consider election of directors; to consider election of independent directors; to consider Election of non-employee supervisors; and to consider Amendments to the Company's systems. Announcement • May 19
Beijing Chieftain Control Engineering Technology Co., Ltd. Approves Cash Dividend for the Year 2022 Beijing Chieftain Control Engineering Technology Co., Ltd. announced that at its Annual General Meeting held on 17 May 2023, approved cash dividend/10 shares (tax included) of CNY 0.20000000 for the year 2022. Reported Earnings • Apr 28
First quarter 2023 earnings released: EPS: CN¥0.08 (vs CN¥0.06 in 1Q 2022) First quarter 2023 results: EPS: CN¥0.08 (up from CN¥0.06 in 1Q 2022). Revenue: CN¥245.2m (up 20% from 1Q 2022). Net income: CN¥22.4m (up 26% from 1Q 2022). Profit margin: 9.1% (up from 8.7% in 1Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 20% p.a. on average during the next 2 years, compared to a 18% growth forecast for the Machinery industry in China. Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has only increased by 27% per year, which means it is significantly lagging earnings growth. Reported Earnings • Oct 26
Third quarter 2022 earnings released: EPS: CN¥0.09 (vs CN¥0.041 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.09 (up from CN¥0.041 in 3Q 2021). Revenue: CN¥248.4m (up 26% from 3Q 2021). Net income: CN¥23.6m (up 103% from 3Q 2021). Profit margin: 9.5% (up from 5.9% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 23% growth forecast for the Machinery industry in China. Over the last 3 years on average, earnings per share has increased by 23% per year whereas the company’s share price has increased by 20% per year. Valuation Update With 7 Day Price Move • Oct 17
Investor sentiment improved over the past week After last week's 22% share price gain to CN¥13.00, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 18x in the Machinery industry in China. Total returns to shareholders of 62% over the past three years. Valuation Update With 7 Day Price Move • Oct 03
Investor sentiment improved over the past week After last week's 18% share price gain to CN¥10.05, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 17x in the Machinery industry in China. Total returns to shareholders of 24% over the past three years. Reported Earnings • Aug 31
Second quarter 2022 earnings released: EPS: CN¥0.14 (vs CN¥0.13 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.14. Revenue: CN¥242.1m (down 6.3% from 2Q 2021). Net income: CN¥33.9m (down 4.4% from 2Q 2021). Profit margin: 14% (in line with 2Q 2021). Over the next year, revenue is forecast to grow 23%, compared to a 35% growth forecast for the Machinery industry in China. Announcement • Jul 02
Beijing Chieftain Control Engineering Technology Co., Ltd. Announces 2021 Final Profit Distribution Plan to Be Implemented (A Shares), Payment Date: 08 July 2022 Beijing Chieftain Control Engineering Technology Co., Ltd. announced 2021 final profit distribution plan to be implemented (A shares): Cash dividend/10 shares (tax included): CNY 0.20000000. Record date: 07 July 2022, Ex-date: 08 July 2022 and Payment date: 08 July 2022. 10% withholding tax on cash dividend will be deducted in CNY within the cash dividend receivable. Please refer to below details: Tax on cash dividend/10 shares: CNY0.02000000(10% x CNY0.20000000) Net cash dividend/10 shares after tax: CNY0.18000000(CNY0.20000000- CNY0.02000000). Announcement • May 19
Beijing Chieftain Control Engineering Technology Co., Ltd. Approves Cash Dividend for 2021 Beijing Chieftain Control Engineering Technology Co., Ltd. at the AGM held on May 17, 2022, approved Cash dividend per 10 shares (tax included) of CNY 0.20000000 for 2021. Reported Earnings • Apr 27
Full year 2021 earnings: EPS exceeds analyst expectations Full year 2021 results: EPS: CN¥0.38 (up from CN¥0.22 in FY 2020). Revenue: CN¥915.2m (up 20% from FY 2020). Net income: CN¥102.8m (up 70% from FY 2020). Profit margin: 11% (up from 7.9% in FY 2020). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 5.6%. Over the next year, revenue is forecast to grow 18%, compared to a 30% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings. Announcement • Apr 26
Beijing Chieftain Control Engineering Technology Co., Ltd. Proposes Final Cash Dividend for the Year 2021 Beijing Chieftain Control Engineering Technology Co., Ltd. proposed final cash dividend of CNY 0.20 per 10 shares (tax included) for the year 2021. Valuation Update With 7 Day Price Move • Apr 14
Investor sentiment deteriorated over the past week After last week's 16% share price decline to CN¥10.33, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 19x in the Machinery industry in China. Total loss to shareholders of 8.5% over the past three years. Valuation Update With 7 Day Price Move • Mar 30
Investor sentiment improved over the past week After last week's 18% share price gain to CN¥13.26, the stock trades at a forward P/E ratio of 29x. Average forward P/E is 20x in the Machinery industry in China. Total returns to shareholders of 31% over the past three years. Valuation Update With 7 Day Price Move • Dec 29
Investor sentiment improved over the past week After last week's 19% share price gain to CN¥13.87, the stock trades at a trailing P/E ratio of 37.6x. Average trailing P/E is 40x in the Machinery industry in China. Total returns to shareholders of 70% over the past three years. Valuation Update With 7 Day Price Move • Nov 26
Investor sentiment improved over the past week After last week's 15% share price gain to CN¥11.96, the stock trades at a trailing P/E ratio of 32.2x. Average trailing P/E is 41x in the Machinery industry in China. Total returns to shareholders of 37% over the past three years. Reported Earnings • Oct 28
Third quarter 2021 earnings released: EPS CN¥0.041 (vs CN¥0.092 in 3Q 2020) The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: CN¥197.8m (down 13% from 3Q 2020). Net income: CN¥11.6m (down 56% from 3Q 2020). Profit margin: 5.9% (down from 12% in 3Q 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings. Reported Earnings • Aug 25
Second quarter 2021 earnings released: EPS CN¥0.13 (vs CN¥0.039 in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CN¥258.4m (up 45% from 2Q 2020). Net income: CN¥35.5m (up 146% from 2Q 2020). Profit margin: 14% (up from 8.1% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 13% 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 • Jun 23
Investor sentiment improved over the past week After last week's 28% share price gain to CN¥11.53, the stock trades at a trailing P/E ratio of 33.8x. Average trailing P/E is 32x in the Machinery industry in China. Total returns to shareholders of 18% over the past three years. Valuation Update With 7 Day Price Move • May 10
Investor sentiment improved over the past week After last week's 17% share price gain to CN¥9.75, the stock trades at a trailing P/E ratio of 28.6x. Average trailing P/E is 30x in the Machinery industry in China. Total loss to shareholders of 25% over the past three years. Reported Earnings • Apr 21
Full year 2020 earnings released: EPS CN¥0.22 (vs CN¥0.30 in FY 2019) The company reported a soft full year result with weaker earnings and profit margins, although revenues improved. Full year 2020 results: Revenue: CN¥764.4m (up 11% from FY 2019). Net income: CN¥60.4m (down 26% from FY 2019). Profit margin: 7.9% (down from 12% in FY 2019). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has only fallen by 17% per year, which means it has not declined as severely as earnings. Announcement • Mar 10
Beijing Chieftain Control Engineering Technology Co., Ltd. to Report Fiscal Year 2020 Results on Apr 21, 2021 Beijing Chieftain Control Engineering Technology Co., Ltd. announced that they will report fiscal year 2020 results on Apr 21, 2021 Is New 90 Day High Low • Feb 03
New 90-day low: CN¥7.07 The company is down 42% from its price of CN¥12.25 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 Machinery industry, which is up 6.0% over the same period. Valuation Update With 7 Day Price Move • Jan 11
Investor sentiment deteriorated over the past week After last week's 16% share price decline to CN¥7.38, the stock is trading at a trailing P/E ratio of 44.2x, down from the previous P/E ratio of 52.4x. This compares to an average P/E of 35x in the Machinery industry in China. Total return to shareholders over the past three years is a loss of 41%. Is New 90 Day High Low • Dec 28
New 90-day low: CN¥8.61 The company is down 7.0% from its price of CN¥9.30 on 29 September 2020. The Chinese market is up 6.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Machinery industry, which is up 9.0% over the same period. Valuation Update With 7 Day Price Move • Dec 10
Market pulls back on stock over the past week After last week's 15% share price decline to CN¥10.15, the stock is trading at a trailing P/E ratio of 60.8x, down from the previous P/E ratio of 71.6x. This compares to an average P/E of 39x in the Machinery industry in China. Total return to shareholders over the past three years is a loss of 26%. Is New 90 Day High Low • Dec 04
New 90-day high: CN¥12.33 The company is up 32% from its price of CN¥9.35 on 04 September 2020. The Chinese market is flat over the last 90 days, indicating the company outperformed over that time. It also outperformed the Machinery industry, which is up 3.0% over the same period. Valuation Update With 7 Day Price Move • Nov 16
Market pulls back on stock over the past week After last week's 17% share price decline to CN¥9.96, the stock is trading at a trailing P/E ratio of 59.6x, down from the previous P/E ratio of 71.8x. This compares to an average P/E of 40x in the Machinery industry in China. Total return to shareholders over the past three years is a loss of 28%. Valuation Update With 7 Day Price Move • Nov 03
Market bids up stock over the past week After last week's 19% share price gain to CN¥12.32, the stock is trading at a trailing P/E ratio of 74.6x, up from the previous P/E ratio of 62.4x. This compares to an average P/E of 40x in the Machinery industry in China. Total return to shareholders over the past three years is a loss of 26%. Is New 90 Day High Low • Oct 29
New 90-day high: CN¥11.17 The company is up 32% from its price of CN¥8.45 on 31 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 Machinery industry, which is up 4.0% 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¥47.3m, down 50% from the prior year. Total revenue was CN¥678.8m over the last 12 months, down 2.5% from the prior year. Announcement • Oct 20
Beijing Chieftain Control Engineering Technology Co., Ltd. to Report Q3, 2020 Results on Oct 28, 2020 Beijing Chieftain Control Engineering Technology Co., Ltd. announced that they will report Q3, 2020 results on Oct 28, 2020 Is New 90 Day High Low • Oct 12
New 90-day high: CN¥10.02 The company is up 19% from its price of CN¥8.40 on 14 July 2020. The Chinese market is down 6.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Machinery industry, which is up 1.0% over the same period. Announcement • Aug 13
Beijing Chieftain Control Engineering Technology Co., Ltd. to Report First Half, 2020 Results on Aug 28, 2020 Beijing Chieftain Control Engineering Technology Co., Ltd. announced that they will report first half, 2020 results on Aug 28, 2020