New Risk • Jun 16
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 9.1% 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 49% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (9.1% average weekly change). New Risk • Apr 28
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 8.1% 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 51% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (8.1% average weekly change). Reported Earnings • Apr 27
Full year 2025 earnings released: CN¥0.23 loss per share (vs CN¥0.20 loss in FY 2024) Full year 2025 results: CN¥0.23 loss per share (further deteriorated from CN¥0.20 loss in FY 2024). Revenue: CN¥418.2m (down 21% from FY 2024). Net loss: CN¥54.1m (loss widened 11% from FY 2024). Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has increased by 25% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Apr 27
General Elevator Co., Ltd, Annual General Meeting, May 19, 2026 General Elevator Co., Ltd, Annual General Meeting, May 19, 2026, at 14:00 China Standard Time. Location: No. 8, Qidu Avenue, Qidu Town, Wujiang District, Suzhou, Jiangsu China Announcement • Mar 31
General Elevator Co., Ltd to Report Q1, 2026 Results on Apr 28, 2026 General Elevator Co., Ltd announced that they will report Q1, 2026 results on Apr 28, 2026 Announcement • Dec 31
General Elevator Co., Ltd to Report Fiscal Year 2025 Results on Apr 27, 2026 General Elevator Co., Ltd announced that they will report fiscal year 2025 results on Apr 27, 2026 Reported Earnings • Oct 23
Third quarter 2025 earnings released: EPS: CN¥0.038 (vs CN¥0.037 in 3Q 2024) Third quarter 2025 results: EPS: CN¥0.038 (up from CN¥0.037 in 3Q 2024). Revenue: CN¥149.3m (up 7.8% from 3Q 2024). Net income: CN¥9.05m (up 9.8% from 3Q 2024). Profit margin: 6.1% (up from 6.0% in 3Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 11% 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
General Elevator Co., Ltd to Report Q3, 2025 Results on Oct 23, 2025 General Elevator Co., Ltd announced that they will report Q3, 2025 results on Oct 23, 2025 Reported Earnings • Aug 26
Second quarter 2025 earnings released: CN¥0.068 loss per share (vs CN¥0.004 loss in 2Q 2024) Second quarter 2025 results: CN¥0.068 loss per share (further deteriorated from CN¥0.004 loss in 2Q 2024). Revenue: CN¥89.5m (down 53% from 2Q 2024). Net loss: CN¥16.3m (loss widened CN¥15.3m from 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings. Announcement • Jul 02
General Elevator Co., Ltd to Report First Half, 2025 Results on Aug 28, 2025 General Elevator Co., Ltd announced that they will report first half, 2025 results on Aug 28, 2025 Reported Earnings • Apr 24
Full year 2024 earnings released: CN¥0.20 loss per share (vs CN¥0.045 profit in FY 2023) Full year 2024 results: CN¥0.20 loss per share (down from CN¥0.045 profit in FY 2023). Revenue: CN¥531.2m (up 13% from FY 2023). Net loss: CN¥48.9m (down CN¥59.7m from profit in FY 2023). Over the last 3 years on average, earnings per share has fallen by 34% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings. Announcement • Apr 23
General Elevator Co., Ltd, Annual General Meeting, May 13, 2025 General Elevator Co., Ltd, Annual General Meeting, May 13, 2025, at 14:00 China Standard Time. Location: No. 8, Qidu Avenue, Qidu Town, Wujiang District, Suzhou, Jiangsu China 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 7.9% 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 47% per year over the past 5 years. Minor Risks Dividend is not well covered by earnings (173% payout ratio). Share price has been volatile over the past 3 months (7.9% average weekly change). Announcement • Mar 31
General Elevator Co., Ltd to Report Q1, 2025 Results on Apr 25, 2025 General Elevator Co., Ltd announced that they will report Q1, 2025 results on Apr 25, 2025 Announcement • Jan 18
General Elevator Co., Ltd Announces Directorate Appointments General Elevator Co. Ltd. at its Extraordinary General Meeting of 2025 on 16 January 2025, approved: Xu Bin as non-independent director and Gu Yuejiang as non-independent director. New Risk • Jan 12
New major risk - Financial data availability The company has not reported any financial data. This is considered a major risk. With no or incomplete audited reported financial data, it is virtually impossible to assess the company's investment potential. Currently, the following risks have been identified for the company: Major Risk No financial data reported. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Announcement • Dec 31
General Elevator Co., Ltd to Report Fiscal Year 2024 Results on Apr 23, 2025 General Elevator Co., Ltd announced that they will report fiscal year 2024 results on Apr 23, 2025 Reported Earnings • Oct 24
Third quarter 2024 earnings released: EPS: CN¥0.037 (vs CN¥0.012 loss in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.037 (up from CN¥0.012 loss in 3Q 2023). Revenue: CN¥138.5m (up 17% from 3Q 2023). Net income: CN¥8.24m (up CN¥11.2m from 3Q 2023). Profit margin: 6.0% (up from net loss in 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 42% 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. Announcement • Sep 30
General Elevator Co., Ltd to Report Q3, 2024 Results on Oct 24, 2024 General Elevator Co., Ltd announced that they will report Q3, 2024 results on Oct 24, 2024 Announcement • Jun 29
General Elevator Co., Ltd to Report First Half, 2024 Results on Aug 30, 2024 General Elevator Co., Ltd announced that they will report first half, 2024 results on Aug 30, 2024 Reported Earnings • Apr 22
Full year 2023 earnings released: EPS: CN¥0.045 (vs CN¥0.33 loss in FY 2022) Full year 2023 results: EPS: CN¥0.045 (up from CN¥0.33 loss in FY 2022). Revenue: CN¥471.0m (up 10% from FY 2022). Net income: CN¥10.8m (up CN¥90.6m from FY 2022). Profit margin: 2.3% (up from net loss in FY 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 64 percentage points per year, which is a significant difference in performance. Buy Or Sell Opportunity • Apr 22
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 22% to CN¥5.36. The fair value is estimated to be CN¥6.81, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 2.6% over the last 3 years. Meanwhile, the company has become profitable. New Risk • Apr 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 12% 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. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (12% average weekly change). Earnings have declined by 51% per year over the past 5 years. Announcement • Mar 30
General Elevator Co., Ltd to Report Q1, 2024 Results on Apr 26, 2024 General Elevator Co., Ltd announced that they will report Q1, 2024 results on Apr 26, 2024 New Risk • Feb 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 6.9% 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 51% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (6.9% average weekly change). Announcement • Dec 29
General Elevator Co., Ltd to Report Fiscal Year 2023 Results on Apr 22, 2024 General Elevator Co., Ltd announced that they will report fiscal year 2023 results on Apr 22, 2024 Announcement • Nov 15
General Elevator Co., Ltd Approves Director Appointments General Elevator Co. Ltd. at its Extraordinary General Meeting held on 10 November 2023, approved the By-election of Gu Qinhua and Zheng Changhong as independent directors. Reported Earnings • Oct 25
Third quarter 2023 earnings released: CN¥0.012 loss per share (vs CN¥0.026 profit in 3Q 2022) Third quarter 2023 results: CN¥0.012 loss per share (down from CN¥0.026 profit in 3Q 2022). Revenue: CN¥118.6m (up 5.0% from 3Q 2022). Net loss: CN¥3.00m (down 147% from profit in 3Q 2022). Announcement • Sep 30
General Elevator Co., Ltd to Report Q3, 2023 Results on Oct 25, 2023 General Elevator Co., Ltd announced that they will report Q3, 2023 results on Oct 25, 2023 Reported Earnings • Aug 28
Second quarter 2023 earnings released: EPS: CN¥0.054 (vs CN¥0.056 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.054 (down from CN¥0.056 in 2Q 2022). Revenue: CN¥137.0m (up 3.8% from 2Q 2022). Net income: CN¥11.1m (down 17% from 2Q 2022). Profit margin: 8.1% (down from 10% in 2Q 2022). The decrease in margin was driven by higher expenses. Reported Earnings • Apr 28
First quarter 2023 earnings released: CN¥0.01 loss per share (vs CN¥0.07 loss in 1Q 2022) First quarter 2023 results: CN¥0.01 loss per share (improved from CN¥0.07 loss in 1Q 2022). Revenue: CN¥63.6m (down 5.6% from 1Q 2022). Net loss: CN¥2.75m (loss narrowed 84% from 1Q 2022). Board Change • Nov 16
Less than half of directors are independent There are 5 new directors who have joined the board in the last 3 years. Of these new board members, 3 were independent directors. The company's board is composed of: 3 independent directors. 6 non-independent directors. Independent Director Fang Zhao was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Reported Earnings • Oct 27
Third quarter 2022 earnings released: EPS: CN¥0.026 (vs CN¥0.012 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.026 (up from CN¥0.012 in 3Q 2021). Revenue: CN¥113.0m (up 1.6% from 3Q 2021). Net income: CN¥6.38m (up 115% from 3Q 2021). Profit margin: 5.6% (up from 2.7% in 3Q 2021). Reported Earnings • Aug 31
Second quarter 2022 earnings released: EPS: CN¥0.056 (vs CN¥0.087 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.056 (down from CN¥0.087 in 2Q 2021). Revenue: CN¥132.0m (up 9.3% from 2Q 2021). Net income: CN¥13.3m (down 5.5% from 2Q 2021). Profit margin: 10% (down from 12% in 2Q 2021). Announcement • Jun 30
GENERAL Elevator Co., Ltd. Announces Final Dividend on A Shares for the Year 2021, Payable on July 6, 2022 GENERAL Elevator Co., Ltd. announced final cash dividend/10 shares (tax included) of CNY 1.00000000 on A shares for the year 2021. Record date is July 5, 2022. Ex-date is July 6, 2022. Payment date is July 6, 2022. Announcement • May 20
GENERAL Elevator Co., Ltd. Approves Cash Dividend for the Year 2021 GENERAL Elevator Co., Ltd. announced at annual general meeting held on May 18, 2022, the shareholders approved cash dividend of CNY 1.0000000 per ten shares (tax included) for the year 2021. Reported Earnings • Apr 27
First quarter 2022 earnings released: CN¥0.07 loss per share (vs CN¥0.02 profit in 1Q 2021) First quarter 2022 results: CN¥0.07 loss per share (down from CN¥0.02 profit in 1Q 2021). Revenue: CN¥67.4m (up 9.2% from 1Q 2021). Net loss: CN¥16.9m (down 410% from profit in 1Q 2021). Board Change • Apr 27
Less than half of directors are independent There are 5 new directors who have joined the board in the last 3 years. Of these new board members, 3 were independent directors. The company's board is composed of: 3 independent directors. 6 non-independent directors. Independent Director Fang Zhao was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Announcement • Apr 26
GENERAL Elevator Co., Ltd. Proposes Cash Dividend for the Year 2021 GENERAL Elevator Co., Ltd. proposed Cash dividend/10 shares (tax included) of CNY 1.00000000 for the year 2021. Valuation Update With 7 Day Price Move • Mar 21
Investor sentiment improved over the past week After last week's 24% share price gain to CN¥11.95, the stock trades at a trailing P/E ratio of 61x. Average trailing P/E is 32x in the Machinery industry in China. Total loss to shareholders of 2.8% over the past year. Announcement • Feb 17
GENERAL Elevator Co., Ltd. Announces Board Elections GENERAL Elevator Co., Ltd. announced at first extraordinary general meeting of 2022 held on 15 February 2022, the shareholders approved the election of Chen Lifang, Zhou Yu and Zhao Fang as independent directors and Yang Qiuting and Sun Xuewen as non-employee supervisors of the company. Reported Earnings • Oct 27
Third quarter 2021 earnings released: EPS CN¥0.012 (vs CN¥0.08 in 3Q 2020) The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: CN¥111.2m (down 20% from 3Q 2020). Net income: CN¥2.97m (down 79% from 3Q 2020). Profit margin: 2.7% (down from 10% in 3Q 2020). The decrease in margin was driven by lower revenue. Valuation Update With 7 Day Price Move • Sep 01
Investor sentiment improved over the past week After last week's 17% share price gain to CN¥14.52, the stock trades at a trailing P/E ratio of 48.8x. Average trailing P/E is 36x in the Machinery industry in China. Valuation Update With 7 Day Price Move • Apr 02
Investor sentiment improved over the past week After last week's 20% share price gain to CN¥14.21, the stock trades at a trailing P/E ratio of 41.3x. Average trailing P/E is 34x in the Machinery industry in China. Valuation Update With 7 Day Price Move • Feb 08
Investor sentiment deteriorated over the past week After last week's 26% share price decline to CN¥11.79, the stock is trading at a trailing P/E ratio of 34.3x, down from the previous P/E ratio of 46.1x. This compares to an average P/E of 32x in the Machinery industry in China.