Announcement • 22h
Guangdong Pak Corporation Co., Ltd. Announces Final Profit Distribution Plan to be Implemented on A Shares for the Year 2025, Payable on June 09, 2026 Guangdong PAK Corporation Co., Ltd. announced final profit distribution plan to be implemented on A shares as Cash dividend/10 shares (tax included) of CNY 2.50000000 for the year 2025. Record date is June 8, 2026. Ex-date is June 09, 2026. Payment date is June 09, 2026. Reported Earnings • Apr 25
First quarter 2026 earnings released: CN¥0.092 loss per share (vs CN¥0.055 loss in 1Q 2025) First quarter 2026 results: CN¥0.092 loss per share (further deteriorated from CN¥0.055 loss in 1Q 2025). Revenue: CN¥311.1m (down 6.9% from 1Q 2025). Net loss: CN¥25.8m (loss widened 68% from 1Q 2025). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 78 percentage points per year, which is a significant difference in performance. Announcement • Apr 25
Guangdong PAK Corporation Co., Ltd., Annual General Meeting, May 28, 2026 Guangdong PAK Corporation Co., Ltd., Annual General Meeting, May 28, 2026, at 14:30 China Standard Time. Location: 1F, Tower D, No. 293, Caixin Road, Liangdibu Industrial Zone, Lanhe Town, Nansha District, Guangzhou, Guangdong China Announcement • Mar 31
Guangdong PAK Corporation Co., Ltd. to Report Q1, 2026 Results on Apr 25, 2026 Guangdong PAK Corporation Co., Ltd. announced that they will report Q1, 2026 results on Apr 25, 2026 Announcement • Dec 31
Guangdong PAK Corporation Co., Ltd. to Report Fiscal Year 2025 Results on Apr 25, 2026 Guangdong PAK Corporation Co., Ltd. announced that they will report fiscal year 2025 results on Apr 25, 2026 Reported Earnings • Oct 29
Third quarter 2025 earnings released: EPS: CN¥0.047 (vs CN¥0.069 in 3Q 2024) Third quarter 2025 results: EPS: CN¥0.047 (down from CN¥0.069 in 3Q 2024). Revenue: CN¥513.0m (flat on 3Q 2024). Net income: CN¥13.2m (down 32% from 3Q 2024). Profit margin: 2.6% (down from 3.8% in 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings. Announcement • Sep 30
Guangdong PAK Corporation Co., Ltd. to Report Q3, 2025 Results on Oct 29, 2025 Guangdong PAK Corporation Co., Ltd. announced that they will report Q3, 2025 results on Oct 29, 2025 Reported Earnings • Aug 23
Second quarter 2025 earnings released: CN¥0.03 loss per share (vs CN¥0.10 profit in 2Q 2024) Second quarter 2025 results: CN¥0.03 loss per share (down from CN¥0.10 profit in 2Q 2024). Revenue: CN¥485.1m (down 17% from 2Q 2024). Net loss: CN¥8.35m (down 130% from profit in 2Q 2024). Over the last 3 years on average, earnings per share has increased by 3% per year whereas the company’s share price has increased by 1% per year. Announcement • Jul 02
Guangdong PAK Corporation Co., Ltd. to Report First Half, 2025 Results on Aug 22, 2025 Guangdong PAK Corporation Co., Ltd. announced that they will report first half, 2025 results on Aug 22, 2025 Board Change • May 28
High number of new directors Non-Independent Director Liyi Zhu was the last director to join the board, commencing their role in 2025. Reported Earnings • Apr 28
First quarter 2025 earnings released: CN¥0.055 loss per share (vs CN¥0.05 profit in 1Q 2024) First quarter 2025 results: CN¥0.055 loss per share (down from CN¥0.05 profit in 1Q 2024). Revenue: CN¥334.3m (down 16% from 1Q 2024). Net loss: CN¥15.3m (down 208% from profit in 1Q 2024). Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Announcement • Apr 26
Guangdong PAK Corporation Co., Ltd., Annual General Meeting, May 22, 2025 Guangdong PAK Corporation Co., Ltd., Annual General Meeting, May 22, 2025, at 14:30 China Standard Time. Location: 1F, Tower D, No. 293, Caixin Road, Liangdibu Industrial Zone, Lanhe Town, Nansha District, Guangzhou, Guangdong China Announcement • Mar 31
Guangdong PAK Corporation Co., Ltd. to Report Q1, 2025 Results on Apr 26, 2025 Guangdong PAK Corporation Co., Ltd. announced that they will report Q1, 2025 results on Apr 26, 2025 Announcement • Dec 31
Guangdong PAK Corporation Co., Ltd. to Report Fiscal Year 2024 Results on Apr 26, 2025 Guangdong PAK Corporation Co., Ltd. announced that they will report fiscal year 2024 results on Apr 26, 2025 Reported Earnings • Oct 26
Third quarter 2024 earnings released: EPS: CN¥0.069 (vs CN¥0.24 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.069 (down from CN¥0.24 in 3Q 2023). Revenue: CN¥512.1m (down 24% from 3Q 2023). Net income: CN¥19.4m (down 71% from 3Q 2023). Profit margin: 3.8% (down from 10.0% 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 33% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Sep 30
Investor sentiment improves as stock rises 24% After last week's 24% share price gain to CN¥11.65, the stock trades at a trailing P/E ratio of 19.2x. Average trailing P/E is 29x in the Electrical industry in China. Total loss to shareholders of 6.6% over the past three years. Announcement • Sep 30
Guangdong PAK Corporation Co., Ltd. to Report Q3, 2024 Results on Oct 26, 2024 Guangdong PAK Corporation Co., Ltd. announced that they will report Q3, 2024 results on Oct 26, 2024 Reported Earnings • Aug 23
Second quarter 2024 earnings released: EPS: CN¥0.10 (vs CN¥0.25 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.10 (down from CN¥0.25 in 2Q 2023). Revenue: CN¥584.1m (down 5.3% from 2Q 2023). Net income: CN¥27.8m (down 58% from 2Q 2023). Profit margin: 4.8% (down from 11% in 2Q 2023). Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings. Announcement • Jun 29
Guangdong PAK Corporation Co., Ltd. to Report First Half, 2024 Results on Aug 23, 2024 Guangdong PAK Corporation Co., Ltd. announced that they will report first half, 2024 results on Aug 23, 2024 Declared Dividend • May 23
Dividend of CN¥0.60 announced Dividend of CN¥0.60 is the same as last year. Ex-date: 28th May 2024 Payment date: 28th May 2024 Dividend yield will be 4.8%, which is higher than the industry average of 1.6%. Sustainability & Growth Dividend is covered by both earnings (81% earnings payout ratio) and cash flows (60% cash payout ratio). The dividend has decreased over the past 66 years, indicating a lack of growth and stability in payments. Earnings per share has grown by 6.9% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Announcement • Apr 27
Guangdong PAK Corporation Co., Ltd. Proposes Final Cash Dividend for the Year 2023 Guangdong PAK Corporation Co., Ltd. proposed final cash dividend/10 shares (tax included) of CNY 6.00000000 for the year 2023. Announcement • Apr 26
Guangdong PAK Corporation Co., Ltd., Annual General Meeting, May 17, 2024 Guangdong PAK Corporation Co., Ltd., Annual General Meeting, May 17, 2024, at 14:30 China Standard Time. Location: 1F, Tower D, No. 293, Caixin Road, Liangdibu Industrial Zone, Lanhe Town, Nansha District, Guangzhou, Guangdong China Reported Earnings • Apr 25
First quarter 2024 earnings released: EPS: CN¥0.05 (vs CN¥0.04 in 1Q 2023) First quarter 2024 results: EPS: CN¥0.05 (up from CN¥0.04 in 1Q 2023). Revenue: CN¥397.1m (up 1.9% from 1Q 2023). Net income: CN¥14.2m (up 21% from 1Q 2023). Profit margin: 3.6% (up from 3.0% in 1Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 5% per year whereas the company’s share price has fallen by 7% per year. Announcement • Mar 30
Guangdong PAK Corporation Co., Ltd. to Report Q1, 2024 Results on Apr 25, 2024 Guangdong PAK Corporation Co., Ltd. announced that they will report Q1, 2024 results on Apr 25, 2024 Reported Earnings • Mar 03
Full year 2023 earnings released: EPS: CN¥0.74 (vs CN¥0.34 in FY 2022) Full year 2023 results: EPS: CN¥0.74 (up from CN¥0.34 in FY 2022). Revenue: CN¥2.35b (up 3.9% from FY 2022). Net income: CN¥205.3m (up 116% from FY 2022). Profit margin: 8.7% (up from 4.2% in FY 2022). 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 9% per year, which means it has not declined as severely as earnings. 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¥11.02, the stock trades at a trailing P/E ratio of 20.7x. Average trailing P/E is 27x in the Electrical industry in China. Total loss to shareholders of 9.1% over the past three years. Announcement • Dec 29
Guangdong PAK Corporation Co., Ltd. to Report Fiscal Year 2023 Results on Apr 25, 2024 Guangdong PAK Corporation Co., Ltd. announced that they will report fiscal year 2023 results on Apr 25, 2024 New Risk • Oct 29
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 27% 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 20% per year over the past 5 years. Minor Risks Dividend is not well covered by earnings (113% payout ratio). Large one-off items impacting financial results. Reported Earnings • Oct 25
Third quarter 2023 earnings released: EPS: CN¥0.24 (vs CN¥0.089 in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.24 (up from CN¥0.089 in 3Q 2022). Revenue: CN¥670.9m (up 15% from 3Q 2022). Net income: CN¥66.9m (up 169% from 3Q 2022). Profit margin: 10.0% (up from 4.3% in 3Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 47% 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 • Sep 30
Guangdong PAK Corporation Co., Ltd. to Report Q3, 2023 Results on Oct 25, 2023 Guangdong PAK Corporation Co., Ltd. announced that they will report Q3, 2023 results on Oct 25, 2023 Reported Earnings • Aug 26
Second quarter 2023 earnings released: EPS: CN¥0.25 (vs CN¥0.15 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.25 (up from CN¥0.15 in 2Q 2022). Revenue: CN¥617.1m (down 9.6% from 2Q 2022). Net income: CN¥65.5m (up 56% from 2Q 2022). Profit margin: 11% (up from 6.2% in 2Q 2022). 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. Announcement • May 19
Guangdong Pak Corporation Co., Ltd. Approves Final Cash Dividend for the year 2022 Guangdong PAK Corporation Co., Ltd. approved final cash dividend of CNY 6.00000000 per 10 shares (tax included) for the year 2022, at its Annual General Meeting of 2022 on 17 May 2023. Valuation Update With 7 Day Price Move • May 10
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to CN¥13.80, the stock trades at a trailing P/E ratio of 46x. Average trailing P/E is 34x in the Electrical industry in China. Total returns to shareholders of 11% over the past three years. Reported Earnings • Apr 23
First quarter 2023 earnings released: EPS: CN¥0.04 (vs CN¥0.084 in 1Q 2022) First quarter 2023 results: EPS: CN¥0.04 (down from CN¥0.084 in 1Q 2022). Revenue: CN¥389.7m (down 7.0% from 1Q 2022). Net income: CN¥11.7m (down 50% from 1Q 2022). Profit margin: 3.0% (down from 5.5% in 1Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 59% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings. Board Change • Nov 16
High number of new and inexperienced directors There are 10 new directors who have joined the board in the last 3 years. The company's board is composed of: 10 new directors. 2 experienced directors. No highly experienced directors. Member of Supervisory Committee Yongyi Jian is the most experienced director on the board, commencing their role in 2019. 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 28
Third quarter 2022 earnings released: EPS: CN¥0.089 (vs CN¥0.26 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.089 (down from CN¥0.26 in 3Q 2021). Revenue: CN¥581.3m (down 28% from 3Q 2021). Net income: CN¥24.9m (down 66% from 3Q 2021). Profit margin: 4.3% (down from 9.1% in 3Q 2021). The decrease in margin was driven by lower revenue. 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. Buying Opportunity • Sep 22
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 3.7%. The fair value is estimated to be CN¥14.32, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.0% over the last 3 years. Earnings per share has declined by 31%. Reported Earnings • Aug 26
Second quarter 2022 earnings released: EPS: CN¥0.15 (vs CN¥0.23 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.15 (down from CN¥0.23 in 2Q 2021). Revenue: CN¥682.3m (down 6.3% from 2Q 2021). Net income: CN¥42.1m (down 33% from 2Q 2021). Profit margin: 6.2% (down from 8.6% in 2Q 2021). Over the last 3 years on average, earnings per share has fallen by 31% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings. Announcement • Jun 11
Guangdong PAK Corporation Co., Ltd. Announces Final Cash Dividend on A Shares for the Year 2021, Payable on 16 June 2022 Guangdong PAK Corporation Co., Ltd. announced final cash dividend/10 shares (tax included) of CNY 7.00000000 on A shares for the year 2021. Record date is 15 June 2022. Ex-date is 16 June 2022. Payment date is 16 June 2022. Announcement • Apr 27
Guangdong PAK Corporation Co., Ltd. Proposes Final Dividend for the Year 2021 Guangdong PAK Corporation Co., Ltd. announced on 26 April 2022 the profit distribution proposal for 2021 as Cash dividend of CNY 7.00000000 per 10 shares (tax included). Board Change • Apr 27
High number of new and inexperienced directors There are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. No experienced directors. No highly experienced directors. Member of Supervisory Committee Yongyi Jian is the most experienced director on the board, commencing their role in 2019. 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 • Mar 03
Full year 2021 earnings: EPS and revenues miss analyst expectations Full year 2021 results: EPS: CN¥0.10 (down from CN¥0.85 in FY 2020). Revenue: CN¥2.71b (up 16% from FY 2020). Net income: CN¥28.9m (down 88% from FY 2020). Profit margin: 1.1% (down from 10.0% in FY 2020). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 4.9%. Earnings per share (EPS) also missed analyst estimates by 5.9%. Over the last 3 years on average, earnings per share has fallen by 1% per year whereas the company’s share price has fallen by 6% per year. Valuation Update With 7 Day Price Move • Jan 25
Investor sentiment deteriorated over the past week After last week's 17% share price decline to CN¥13.11, the stock trades at a trailing P/E ratio of 16.5x. Average trailing P/E is 42x in the Electrical industry in China. Total returns to shareholders of 3.5% over the past three years. Reported Earnings • Oct 31
Third quarter 2021 earnings released: EPS CN¥0.26 (vs CN¥0.33 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¥803.2m (up 11% from 3Q 2020). Net income: CN¥73.0m (down 19% from 3Q 2020). Profit margin: 9.1% (down from 12% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Reported Earnings • Aug 18
Second quarter 2021 earnings released: EPS CN¥0.23 (vs CN¥0.24 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¥728.5m (up 19% from 2Q 2020). Net income: CN¥63.0m (down 3.0% from 2Q 2020). Profit margin: 8.6% (down from 11% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Announcement • May 16
Guangdong PAK Corporation Co., Ltd. Approves 2020 Profit Distribution Plan Guangdong PAK Corporation Co., Ltd. announced its Annual General Meeting of 2020 held on 12 May 2021, approved 2020 profit distribution plan of Cash dividend/10 shares (tax included) of CNY 7.00000000. Reported Earnings • Apr 17
First quarter 2021 earnings released: EPS CN¥0.033 (vs CN¥0.02 in 1Q 2020) The company reported a solid first quarter result with improved earnings and revenues, although profit margins were weaker. First quarter 2021 results: Revenue: CN¥387.5m (up 70% from 1Q 2020). Net income: CN¥9.05m (up 66% from 1Q 2020). Profit margin: 2.3% (down from 2.4% in 1Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings. Announcement • Mar 09
Guangdong PAK Corporation Co., Ltd. to Report Fiscal Year 2020 Results on Apr 17, 2021 Guangdong PAK Corporation Co., Ltd. announced that they will report fiscal year 2020 results on Apr 17, 2021 Reported Earnings • Mar 04
Full year 2020 earnings released: EPS CN¥0.90 (vs CN¥0.88 in FY 2019) The company reported a soft full year result with weaker revenues, although earnings and profit margins were flat. Full year 2020 results: Revenue: CN¥2.34b (down 6.5% from FY 2019). Net income: CN¥247.5m (flat on FY 2019). Profit margin: 11% (in line with FY 2019). 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. Is New 90 Day High Low • Jan 29
New 90-day low: CN¥14.06 The company is down 25% from its price of CN¥18.68 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 28
New 90-day low: CN¥15.08 The company is down 9.0% from its price of CN¥16.66 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 Electrical industry, which is up 29% over the same period. Is New 90 Day High Low • Dec 11
New 90-day low: CN¥16.40 The company is down 3.0% from its price of CN¥16.97 on 11 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 Electrical industry, which is up 17% over the same period. Is New 90 Day High Low • Nov 09
New 90-day high: CN¥21.10 The company is up 32% from its price of CN¥15.98 on 11 August 2020. The Chinese market is down 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electrical industry, which is up 10.0% over the same period. Reported Earnings • Oct 29
Third quarter earnings released Over the last 12 months the company has reported total profits of CN¥251.0m, up 22% from the prior year. Total revenue was CN¥2.27b over the last 12 months, down 8.1% from the prior year. Announcement • Aug 13
Guangdong PAK Corporation Co., Ltd. to Report First Half, 2020 Results on Aug 28, 2020 Guangdong PAK Corporation Co., Ltd. announced that they will report first half, 2020 results on Aug 28, 2020