Announcement • Jun 30
Doright Co.,Ltd. to Report First Half, 2026 Results on Aug 27, 2026 Doright Co.,Ltd. announced that they will report first half, 2026 results on Aug 27, 2026 Declared Dividend • May 27
Dividend of CN¥0.20 announced Dividend of CN¥0.20 is the same as last year. Ex-date: 29th May 2026 Payment date: 29th May 2026 Dividend yield will be 1.0%, which is lower than the industry average of 2.0%. Sustainability & Growth Dividend is well covered by both earnings (40% earnings payout ratio) and cash flows (44% cash payout ratio). The dividend has increased by an average of 25% per year over the past 5 years and payments have been stable during that time. The company's earnings per share (EPS) would need to decline by 56% to shift the payout ratio to a potentially unsustainable range, which is more than the 5.0% EPS decline seen over the last 5 years. Reported Earnings • Apr 27
Full year 2025 earnings released: EPS: CN¥0.61 (vs CN¥0.64 in FY 2024) Full year 2025 results: EPS: CN¥0.61 (down from CN¥0.64 in FY 2024). Revenue: CN¥546.5m (up 7.4% from FY 2024). Net income: CN¥92.1m (down 4.8% from FY 2024). Profit margin: 17% (down from 19% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 9% per year whereas the company’s share price has increased by 5% per year. Announcement • Apr 27
Doright Co.,Ltd., Annual General Meeting, May 19, 2026 Doright Co.,Ltd., Annual General Meeting, May 19, 2026, at 14:00 China Standard Time. Location: The Company's Meeting Room, Qingdao, Shandong China Announcement • Mar 31
Doright Co.,Ltd. to Report Q1, 2026 Results on Apr 27, 2026 Doright Co.,Ltd. announced that they will report Q1, 2026 results on Apr 27, 2026 Announcement • Dec 31
Doright Co.,Ltd. to Report Fiscal Year 2025 Results on Apr 27, 2026 Doright Co.,Ltd. announced that they will report fiscal year 2025 results on Apr 27, 2026 Valuation Update With 7 Day Price Move • Nov 10
Investor sentiment deteriorates as stock falls 22% After last week's 22% share price decline to CN¥26.13, the stock trades at a trailing P/E ratio of 56.3x. Average trailing P/E is 51x in the Machinery industry in China. Total returns to shareholders of 38% over the past three years. Reported Earnings • Oct 23
Third quarter 2025 earnings released: EPS: CN¥0.14 (vs CN¥0.20 in 3Q 2024) Third quarter 2025 results: EPS: CN¥0.14 (down from CN¥0.20 in 3Q 2024). Revenue: CN¥131.7m (down 11% from 3Q 2024). Net income: CN¥23.2m (down 22% from 3Q 2024). Profit margin: 18% (down from 20% in 3Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has increased by 22% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Oct 14
Investor sentiment improves as stock rises 27% After last week's 27% share price gain to CN¥40.57, the stock trades at a trailing P/E ratio of 79.9x. Average trailing P/E is 50x in the Machinery industry in China. Total returns to shareholders of 130% over the past three years. Announcement • Sep 30
Doright Co.,Ltd. to Report Q3, 2025 Results on Oct 23, 2025 Doright Co.,Ltd. announced that they will report Q3, 2025 results on Oct 23, 2025 Valuation Update With 7 Day Price Move • Sep 01
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to CN¥35.94, the stock trades at a trailing P/E ratio of 78.6x. Average trailing P/E is 49x in the Machinery industry in China. Total returns to shareholders of 58% over the past three years. Announcement • Aug 29
Hangzhou Chenqichenghe Management Partnership (Limited Partnership) completed the acquisition of 5% stake in Doright Co.,Ltd. (SZSE:300950) from Wei Zhenwen. Hangzhou Chenqichenghe Management Partnership (Limited Partnership) signed Share Transfer Agreement to acquire 5% stake in Doright Co.,Ltd. (SZSE:300950) from Wei Zhenwen for approximately CNY 140 million on July 11, 2025. A cash consideration valued at CNY 17.82 per share will be paid by Hangzhou Chenqichenghe Management Partnership (Limited Partnership) will be paid for 7,624,000 shares. Before this change in equity, Wei Zhenwen held 80,070,000 shares of the Company, accounting for 52.51% of the Doright's total share capital; after this change, Wei Zhenwen will hold 72,446,000 shares, accounting for 47.51% of the Doright's total share capital.
Hangzhou Chenqichenghe Management Partnership (Limited Partnership) completed the acquisition of 5% stake in Doright Co.,Ltd. (SZSE:300950) from Wei Zhenwen on August 27, 2025. Announcement • Jul 16
Doright Co.,Ltd. (SZSE:300950) agreed to acquire Whale Cloud Technology Co., Ltd. from the group of shareholders. Doright Co.,Ltd. (SZSE:300950) agreed to acquire Whale Cloud Technology Co., Ltd. from the group of shareholders on July 14, 2025. As a cash consideration, CNY 14.35 per share will be paid towards the common equity of Whale Cloud Technology Co., Ltd. After the completion of this transaction, Whale Cloud Technology will become a wholly-owned subsidiary of the listed company.
As of the date of signing this proposal, the decision-making procedures and approvals that have been completed for this transaction include: 1. This transaction has been reviewed and approved by the 9th meeting of the 5th board of directors of the listed company. 2. The counterparty has completed the necessary internal authorization or approval required at this stage for the transaction. As of the date of signing this proposal, the decision-making procedures that have not yet been completed for this reorganization include, but are not limited to: 1. After the audit and evaluation of the target assets for this transaction are completed, the listed company will need to convene another board meeting to review and approve the relevant proposals for this transaction. 2. The formal plan for this transaction still requires a resolution from the shareholders' meeting of the target company. 3. The formal plan for this transaction still requires a resolution from the authorized internal decision-making body of the counterparty. 4. The formal plan for this transaction still needs to be reviewed and approved by the shareholders' meeting of the listed company. 5. This transaction still needs to be reviewed and approved by the Shenzhen Stock Exchange and registered with the China Securities Regulatory Commission. 6. Other necessary approvals or filing procedures required by relevant laws and regulations (if any). Announcement • Jul 02
Doright Co.,Ltd. to Report First Half, 2025 Results on Aug 28, 2025 Doright Co.,Ltd. announced that they will report first half, 2025 results on Aug 28, 2025 New Risk • Jun 09
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: Minor Risks Dividend is not well covered by cash flows (488% cash payout ratio). Share price has been volatile over the past 3 months (8.4% average weekly change). Valuation Update With 7 Day Price Move • May 29
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to CN¥19.38, the stock trades at a trailing P/E ratio of 41.8x. Average trailing P/E is 41x in the Machinery industry in China. Total returns to shareholders of 22% over the past three years. Announcement • Apr 23
Doright Co.,Ltd. Proposes Final Dividend for the Year 2024 Doright Co.,Ltd. announced on 22 April 2025 the profit distribution proposal for 2024 as follows: Cash dividend/10 shares (tax included): CNY 2.00. Reported Earnings • Apr 22
Full year 2024 earnings released: EPS: CN¥0.64 (vs CN¥0.26 in FY 2023) Full year 2024 results: EPS: CN¥0.64 (up from CN¥0.26 in FY 2023). Revenue: CN¥509.0m (up 64% from FY 2023). Net income: CN¥96.7m (up 150% from FY 2023). Profit margin: 19% (up from 13% in FY 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. Announcement • Apr 22
Doright Co.,Ltd., Annual General Meeting, May 12, 2025 Doright Co.,Ltd., Annual General Meeting, May 12, 2025, at 09:30 China Standard Time. Location: The Company's Meeting Room, Qingdao, Shandong China Valuation Update With 7 Day Price Move • Apr 07
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to CN¥14.57, the stock trades at a trailing P/E ratio of 22.1x. Average trailing P/E is 40x in the Machinery industry in China. Total loss to shareholders of 14% over the past three years. Announcement • Mar 31
Doright Co.,Ltd. to Report Q1, 2025 Results on Apr 29, 2025 Doright Co.,Ltd. announced that they will report Q1, 2025 results on Apr 29, 2025 Announcement • Dec 31
Doright Co.,Ltd. to Report Fiscal Year 2024 Results on Apr 22, 2025 Doright Co.,Ltd. announced that they will report fiscal year 2024 results on Apr 22, 2025 Reported Earnings • Oct 22
Third quarter 2024 earnings released: EPS: CN¥0.20 (vs CN¥0.041 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.20 (up from CN¥0.041 in 3Q 2023). Revenue: CN¥147.0m (up 122% from 3Q 2023). Net income: CN¥29.9m (up 367% from 3Q 2023). Profit margin: 20% (up from 9.6% in 3Q 2023). The increase in margin was driven by higher revenue. 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 11% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Oct 15
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to CN¥14.96, the stock trades at a trailing P/E ratio of 29.8x. Average trailing P/E is 30x in the Machinery industry in China. Total loss to shareholders of 44% over the past three years. Announcement • Oct 11
Doright Co.,Ltd. Approves the Election of the Board of Directors Doright Co.,Ltd. held its 3rd Extraordinary General Meeting of 2024 on 09 October 2024, during which the following proposal(s) was/were approved the election of Song Chao, non-independent director; Gao Linlin, non-independent director; Yu Kuangshi, non-independent director; Guo Haitan, independent director; Zhu Kunjian, independent director and Zhao Wenyuan, non-employee supervisor. New Risk • Sep 30
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 High level of non-cash earnings (41% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (6.9% average weekly change). Announcement • Sep 30
Doright Co.,Ltd. to Report Q3, 2024 Results on Oct 22, 2024 Doright Co.,Ltd. announced that they will report Q3, 2024 results on Oct 22, 2024 Valuation Update With 7 Day Price Move • Sep 30
Investor sentiment improves as stock rises 30% After last week's 30% share price gain to CN¥15.53, the stock trades at a trailing P/E ratio of 30.9x. Average trailing P/E is 29x in the Machinery industry in China. Total loss to shareholders of 41% over the past three years. Reported Earnings • Aug 29
Second quarter 2024 earnings released: EPS: CN¥0.11 (vs CN¥0.074 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.11 (up from CN¥0.074 in 2Q 2023). Revenue: CN¥92.7m (up 31% from 2Q 2023). Net income: CN¥17.7m (up 62% from 2Q 2023). Profit margin: 19% (up from 15% in 2Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 19% per year, which means it is significantly lagging earnings. Announcement • Jun 29
Doright Co.,Ltd. to Report First Half, 2024 Results on Aug 29, 2024 Doright Co.,Ltd. announced that they will report first half, 2024 results on Aug 29, 2024 Declared Dividend • Jun 06
Dividend increased to CN¥0.15 Dividend of CN¥0.15 is 50% higher than last year. Ex-date: 11th June 2024 Payment date: 11th June 2024 Dividend yield will be 1.0%, which is lower than the industry average of 2.0%. Sustainability & Growth Dividend is covered by earnings (33% 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 31% per year over the past 3 years and payments have been stable during that time. Earnings per share has remained steady over the last 5 years. Unless this trend deteriorates, it should provide adequate earnings cover for the dividend. Announcement • Jun 06
Doright Co.,Ltd. Implements Final Profit Distribution Plan of A Shares, Payable on 11 June 2024 Doright Co.,Ltd. announced 2023 final profit distribution plan to be implemented (A shares) as Cash dividend/10 shares (tax included): CNY 1.50000000. Record date: 07 June 2024, Ex-date: 11 June 2024, Payment date: 11 June 2024. Valuation Update With 7 Day Price Move • Apr 25
Investor sentiment improves as stock rises 31% After last week's 31% share price gain to CN¥14.69, the stock trades at a trailing P/E ratio of 32.1x. Average trailing P/E is 30x in the Machinery industry in China. Total loss to shareholders of 47% over the past three years. Announcement • Apr 24
Doright Co.,Ltd., Annual General Meeting, May 22, 2024 Doright Co.,Ltd., Annual General Meeting, May 22, 2024, at 14:00 China Standard Time. Location: The Company's Meeting Room, Qingdao, Shandong China Reported Earnings • Apr 24
First quarter 2024 earnings released: EPS: CN¥0.34 (vs CN¥0.14 in 1Q 2023) First quarter 2024 results: EPS: CN¥0.34 (up from CN¥0.14 in 1Q 2023). Revenue: CN¥181.2m (up 98% from 1Q 2023). Net income: CN¥50.6m (up 148% from 1Q 2023). Profit margin: 28% (up from 22% 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 6% per year but the company’s share price has fallen by 22% per year, which means it is performing significantly worse than earnings. Valuation Update With 7 Day Price Move • Apr 16
Investor sentiment deteriorates as stock falls 21% After last week's 21% share price decline to CN¥10.32, the stock trades at a trailing P/E ratio of 29.3x. Average trailing P/E is 30x in the Machinery industry in China. Total loss to shareholders of 69% over the past three years. Announcement • Mar 30
Doright Co.,Ltd. to Report Q1, 2024 Results on Apr 24, 2024 Doright Co.,Ltd. announced that they will report Q1, 2024 results on Apr 24, 2024 Valuation Update With 7 Day Price Move • Feb 22
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to CN¥11.04, the stock trades at a trailing P/E ratio of 31.3x. Average trailing P/E is 26x in the Machinery industry in China. Total loss to shareholders of 44% over the past year. 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 8.1% 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 High level of non-cash earnings (45% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (8.1% average weekly change). Valuation Update With 7 Day Price Move • Feb 01
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to CN¥11.95, the stock trades at a trailing P/E ratio of 33.9x. Average trailing P/E is 26x in the Machinery industry in China. Total loss to shareholders of 37% over the past year. Announcement • Dec 30
Doright Co.,Ltd. to Report Fiscal Year 2023 Results on Apr 24, 2024 Doright Co.,Ltd. announced that they will report fiscal year 2023 results on Apr 24, 2024 Reported Earnings • Oct 29
Third quarter 2023 earnings released: EPS: CN¥0.041 (vs CN¥0.18 in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.041 (down from CN¥0.18 in 3Q 2022). Revenue: CN¥66.4m (down 19% from 3Q 2022). Net income: CN¥6.39m (down 76% from 3Q 2022). Profit margin: 9.6% (down from 32% in 3Q 2022). The decrease in margin was primarily driven by lower revenue. Announcement • Sep 30
Doright Co.,Ltd. to Report Q3, 2023 Results on Oct 28, 2023 Doright Co.,Ltd. announced that they will report Q3, 2023 results on Oct 28, 2023 Reported Earnings • Aug 25
Second quarter 2023 earnings released: EPS: CN¥0.074 (vs CN¥0.12 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.074 (down from CN¥0.12 in 2Q 2022). Revenue: CN¥70.9m (up 8.8% from 2Q 2022). Net income: CN¥10.9m (down 41% from 2Q 2022). Profit margin: 15% (down from 28% in 2Q 2022). The decrease in margin was driven by higher expenses. Buying Opportunity • Aug 11
Now 21% undervalued Over the last 90 days, the stock is up 5.8%. The fair value is estimated to be CN¥24.24, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 16% over the last 3 years. Earnings per share has declined by 5.6%. Announcement • May 25
Doright Co.,Ltd. Approves Cash Dividend for the Year 2022, Payable on 30 May 2023 Doright Co.,Ltd. approved cash dividend/10 shares (tax included) of CNY 1.00000000 for the year 2022 at its AGM held on 19 May 2023. Record date is 29 May 2023. Ex-date is 30 May 2023. Payment date is 30 May 2023. Valuation Update With 7 Day Price Move • May 19
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to CN¥20.81, the stock trades at a trailing P/E ratio of 38.7x. Average trailing P/E is 36x in the Machinery industry in China. Total returns to shareholders of 34% over the past year. Reported Earnings • Apr 26
First quarter 2023 earnings released: EPS: CN¥0.14 (vs CN¥0.036 in 1Q 2022) First quarter 2023 results: EPS: CN¥0.14 (up from CN¥0.036 in 1Q 2022). Revenue: CN¥91.5m (up 75% from 1Q 2022). Net income: CN¥20.4m (up 278% from 1Q 2022). Profit margin: 22% (up from 10% in 1Q 2022). The increase in margin was driven by higher revenue. Valuation Update With 7 Day Price Move • Apr 25
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to CN¥16.61, the stock trades at a trailing P/E ratio of 36.4x. Average trailing P/E is 34x in the Machinery industry in China. Total returns to shareholders of 19% over the past year. 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. 1 experienced director. No highly experienced directors. Non-Independent Director Zuping Chen 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. Reported Earnings • Oct 27
Third quarter 2022 earnings released: EPS: CN¥0.18 (vs CN¥0.046 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.18 (up from CN¥0.046 in 3Q 2021). Revenue: CN¥82.1m (up 32% from 3Q 2021). Net income: CN¥26.4m (up 285% from 3Q 2021). Profit margin: 32% (up from 11% in 3Q 2021). Valuation Update With 7 Day Price Move • Sep 28
Investor sentiment deteriorated over the past week After last week's 17% share price decline to CN¥19.06, the stock trades at a trailing P/E ratio of 58.4x. Average trailing P/E is 34x in the Machinery industry in China. Total loss to shareholders of 27% over the past year. Valuation Update With 7 Day Price Move • Aug 26
Investor sentiment improved over the past week After last week's 34% share price gain to CN¥22.61, the stock trades at a trailing P/E ratio of 69.3x. Average trailing P/E is 36x in the Machinery industry in China. Total loss to shareholders of 10.0% over the past year. Reported Earnings • Aug 21
Second quarter 2022 earnings released: EPS: CN¥0.12 (vs CN¥0.061 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.12 (up from CN¥0.061 in 2Q 2021). Revenue: CN¥65.2m (flat on 2Q 2021). Net income: CN¥18.5m (up 100% from 2Q 2021). Profit margin: 28% (up from 14% in 2Q 2021). Valuation Update With 7 Day Price Move • Jul 22
Investor sentiment improved over the past week After last week's 19% share price gain to CN¥18.91, the stock trades at a trailing P/E ratio of 71.5x. Average trailing P/E is 36x in the Machinery industry in China. Total loss to shareholders of 26% over the past year. Announcement • Jun 01
Doright Co.,Ltd. Announces Final Profit Distribution Plan for 2021, Payable on 08 June 2022 Doright Co.,Ltd. announced 2021 final profit distribution plan to be implemented (A shares), cash dividend (tax included) of CNY 1.00000000 per ten shares. Record date is 07 June 2022. Ex-date is 08 June 2022. Payment date is 08 June 2022. Announcement • May 24
Doright Co.,Ltd. Approves Cash Dividend for the Year 2021 Doright Co.,Ltd. announced that at its AGM held on 20 May 2022, the shareholders approved the cash dividend/10 shares (tax included) for the year 2021: CNY 1.00000000. Reported Earnings • Apr 27
First quarter 2022 earnings released: EPS: CN¥0.054 (vs CN¥0.10 in 1Q 2021) First quarter 2022 results: EPS: CN¥0.054 (down from CN¥0.10 in 1Q 2021). Revenue: CN¥52.3m (up 29% from 1Q 2021). Net income: CN¥5.40m (down 37% from 1Q 2021). Profit margin: 10% (down from 21% in 1Q 2021). Board Change • Apr 27
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. 1 experienced director. No highly experienced directors. Non-Independent Director Zuping Chen 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 26
Doright Co.,Ltd. Proposes Cash Dividend for 2021 Doright Co.,Ltd. proposed cash dividend of CNY 1.00000000 (tax included) per 10 shares for 2021. Valuation Update With 7 Day Price Move • Mar 10
Investor sentiment deteriorated over the past week After last week's 15% share price decline to CN¥29.69, the stock trades at a trailing P/E ratio of 50.3x. Average trailing P/E is 33x in the Machinery industry in China. Total loss to shareholders of 47% over the past year. Valuation Update With 7 Day Price Move • Dec 15
Investor sentiment deteriorated over the past week After last week's 15% share price decline to CN¥43.04, the stock trades at a trailing P/E ratio of 73x. Average trailing P/E is 41x in the Machinery industry in China. Reported Earnings • Oct 28
Third quarter 2021 earnings released: EPS CN¥0.069 (vs CN¥0.073 in 3Q 2020) The company reported a solid third quarter result with improved earnings and revenues, although profit margins were weaker. Third quarter 2021 results: Revenue: CN¥62.4m (up 178% from 3Q 2020). Net income: CN¥6.86m (up 26% from 3Q 2020). Profit margin: 11% (down from 24% in 3Q 2020). The decrease in margin was driven by higher expenses. Valuation Update With 7 Day Price Move • Sep 27
Investor sentiment improved over the past week After last week's 21% share price gain to CN¥44.62, the stock trades at a trailing P/E ratio of 77.5x. Average trailing P/E is 37x in the Machinery industry in China. Valuation Update With 7 Day Price Move • Aug 26
Investor sentiment improved over the past week After last week's 19% share price gain to CN¥39.93, the stock trades at a trailing P/E ratio of 57.8x. Average trailing P/E is 37x in the Machinery industry in China. Reported Earnings • Aug 20
Second quarter 2021 earnings released: EPS CN¥0.092 (vs CN¥0.32 in 2Q 2020) The company reported a poor second quarter result with weaker earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CN¥64.6m (down 25% from 2Q 2020). Net income: CN¥9.23m (down 61% from 2Q 2020). Profit margin: 14% (down from 28% in 2Q 2020). The decrease in margin was driven by lower revenue. Valuation Update With 7 Day Price Move • Jul 28
Investor sentiment deteriorated over the past week After last week's 19% share price decline to CN¥32.80, the stock trades at a trailing P/E ratio of 35.1x. Average trailing P/E is 32x in the Machinery industry in China. Announcement • May 26
Doright Co.,Ltd. Announces Final Cash Dividend for 2020, Payable on 01 June 2021 Doright Co.,Ltd. announced final tax included cash dividend of CNY 1 per 10 A shares for 2020. Record date is 31 May 2021, ex-date is 01 June 2021, and the payment date is 01 June 2021. Reported Earnings • Apr 20
Full year 2020 earnings released: EPS CN¥0.82 (vs CN¥0.83 in FY 2019) The company reported a soft full year result with weaker earnings and revenues, although profit margins were improved. Full year 2020 results: Revenue: CN¥246.4m (down 6.7% from FY 2019). Net income: CN¥61.2m (down 1.3% from FY 2019). Profit margin: 25% (up from 24% in FY 2019). The increase in margin was driven by lower expenses. Valuation Update With 7 Day Price Move • Mar 30
Investor sentiment deteriorated over the past week After last week's 19% share price decline to CN¥51.62, the stock trades at a trailing P/E ratio of 66.3x. Average trailing P/E is 34x in the Machinery industry in China. 
