Reported Earnings • Apr 25
First quarter 2026 earnings released: EPS: CN¥0.08 (vs CN¥0.10 in 1Q 2025) First quarter 2026 results: EPS: CN¥0.08 (down from CN¥0.10 in 1Q 2025). Revenue: CN¥4.64b (up 1.2% from 1Q 2025). Net income: CN¥156.9m (down 12% from 1Q 2025). Profit margin: 3.4% (down from 3.9% in 1Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 37% 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 • Apr 25
CIMC Vehicles (Group) Co., Ltd., Annual General Meeting, May 19, 2026 CIMC Vehicles (Group) Co., Ltd., Annual General Meeting, May 19, 2026, at 14:30 China Standard Time. Location: Room 1803, 18F, Taizi Plaza, Shekou, Nanshan District, Shenzhen, Guangdong China Announcement • Mar 31
CIMC Vehicles (Group) Co., Ltd. to Report Q1, 2026 Results on Apr 25, 2026 CIMC Vehicles (Group) Co., Ltd. announced that they will report Q1, 2026 results on Apr 25, 2026 New Risk • Mar 27
New minor risk - Dividend sustainability The company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 2.4% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. This is currently the only risk that has been identified for the company. Reported Earnings • Mar 25
Full year 2025 earnings released: EPS: CN¥0.48 (vs CN¥0.56 in FY 2024) Full year 2025 results: EPS: CN¥0.48 (down from CN¥0.56 in FY 2024). Revenue: CN¥20.2b (down 3.9% from FY 2024). Net income: CN¥903.5m (down 17% from FY 2024). Profit margin: 4.5% (down from 5.2% in FY 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 27% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings. Buy Or Sell Opportunity • Mar 19
Now 22% undervalued after recent price drop Over the last 90 days, the stock has fallen 17% to CN¥8.52. The fair value is estimated to be CN¥10.90, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 7.4% over the last 3 years. Earnings per share has declined by 15%. Announcement • Dec 31
CIMC Vehicles (Group) Co., Ltd. to Report Fiscal Year 2025 Results on Mar 25, 2026 CIMC Vehicles (Group) Co., Ltd. announced that they will report fiscal year 2025 results on Mar 25, 2026 Major Estimate Revision • Oct 31
Consensus EPS estimates fall by 19% The consensus outlook for fiscal year 2025 has been updated. 2025 EPS estimate fell from CN¥0.605 to CN¥0.49. Revenue forecast unchanged from CN¥22.3b at last update. Net income forecast to grow 49% next year vs 42% growth forecast for Machinery industry in China. Consensus price target of CN¥11.04 unchanged from last update. Share price was steady at CN¥9.61 over the past week. Reported Earnings • Oct 25
Third quarter 2025 earnings: EPS and revenues miss analyst expectations Third quarter 2025 results: EPS: CN¥0.12 (down from CN¥0.15 in 3Q 2024). Revenue: CN¥5.26b (up 2.6% from 3Q 2024). Net income: CN¥219.1m (down 22% from 3Q 2024). Profit margin: 4.2% (down from 5.5% in 3Q 2024). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 30%. Earnings per share (EPS) also missed analyst estimates by 58%. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Machinery industry in China. Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings. Announcement • Sep 30
CIMC Vehicles (Group) Co., Ltd. to Report Q3, 2025 Results on Oct 25, 2025 CIMC Vehicles (Group) Co., Ltd. announced that they will report Q3, 2025 results on Oct 25, 2025 Major Estimate Revision • Sep 01
Consensus EPS estimates fall by 19% The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from CN¥23.2b to CN¥21.8b. EPS estimate also fell from CN¥0.745 per share to CN¥0.605 per share. Net income forecast to grow 40% next year vs 37% growth forecast for Machinery industry in China. Consensus price target of CN¥11.04 unchanged from last update. Share price was steady at CN¥9.10 over the past week. Reported Earnings • Aug 28
Second quarter 2025 earnings: EPS and revenues miss analyst expectations Second quarter 2025 results: EPS: CN¥0.11 (down from CN¥0.15 in 2Q 2024). Revenue: CN¥5.16b (down 6.9% from 2Q 2024). Net income: CN¥223.9m (down 25% from 2Q 2024). Profit margin: 4.3% (down from 5.4% in 2Q 2024). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 29%. Earnings per share (EPS) also missed analyst estimates by 62%. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Machinery industry in China. Over the last 3 years on average, earnings per share has fallen by 1% per year whereas the company’s share price has increased by 2% per year. Announcement • Jul 02
CIMC Vehicles (Group) Co., Ltd. to Report First Half, 2025 Results on Aug 26, 2025 CIMC Vehicles (Group) Co., Ltd. announced that they will report first half, 2025 results on Aug 26, 2025 Announcement • May 22
CIMC Vehicles (Group) Co., Ltd., Annual General Meeting, Jun 12, 2025 CIMC Vehicles (Group) Co., Ltd., Annual General Meeting, Jun 12, 2025, at 14:30 China Standard Time. Location: Room 1803, 18F, Taizi Plaza, Shekou, Nanshan District, Shenzhen, Guangdong China Announcement • May 07
CIMC Vehicles (Group) Co., Ltd. Approves Cash Dividend for the Year 2024 CIMC Vehicles (Group) Co., Ltd. at its Extraordinary General Meeting held on 30 April 2025, approved cash dividend/10 shares (tax included) of CNY 2.80000000 for the year 2024. Price Target Changed • Apr 28
Price target decreased by 7.6% to CN¥11.77 Down from CN¥12.74, the current price target is an average from 4 analysts. New target price is 46% above last closing price of CN¥8.07. Stock is down 20% over the past year. The company is forecast to post earnings per share of CN¥0.75 for next year compared to CN¥0.56 last year. Reported Earnings • Apr 26
First quarter 2025 earnings released: EPS: CN¥0.10 (vs CN¥0.13 in 1Q 2024) First quarter 2025 results: EPS: CN¥0.10 (down from CN¥0.13 in 1Q 2024). Revenue: CN¥4.59b (down 11% from 1Q 2024). Net income: CN¥178.6m (down 33% from 1Q 2024). Profit margin: 3.9% (down from 5.1% in 1Q 2024). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Machinery industry in China. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Announcement • Apr 15
CIMC Vehicles (Group) Co., Ltd., Annual General Meeting, Apr 30, 2025 CIMC Vehicles (Group) Co., Ltd., Annual General Meeting, Apr 30, 2025, at 14:50 China Standard Time. Announcement • Mar 31
CIMC Vehicles (Group) Co., Ltd. to Report Q1, 2025 Results on Apr 26, 2025 CIMC Vehicles (Group) Co., Ltd. announced that they will report Q1, 2025 results on Apr 26, 2025 Announcement • Dec 31
CIMC Vehicles (Group) Co., Ltd. to Report Fiscal Year 2024 Results on Mar 26, 2025 CIMC Vehicles (Group) Co., Ltd. announced that they will report fiscal year 2024 results on Mar 26, 2025 Reported Earnings • Oct 26
Third quarter 2024 earnings released: EPS: CN¥0.15 (vs CN¥0.19 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.15 (down from CN¥0.19 in 3Q 2023). Revenue: CN¥5.12b (down 16% from 3Q 2023). Net income: CN¥279.9m (down 27% from 3Q 2023). Profit margin: 5.5% (down from 6.2% in 3Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Machinery industry in China. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Oct 15
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 12x. Average forward P/E is 16x in the Machinery industry in China. Total loss to shareholders of 8.7% over the past three years. Announcement • Sep 30
CIMC Vehicles (Group) Co., Ltd. to Report Q3, 2024 Results on Oct 26, 2024 CIMC Vehicles (Group) Co., Ltd. announced that they will report Q3, 2024 results on Oct 26, 2024 Valuation Update With 7 Day Price Move • Sep 30
Investor sentiment improves as stock rises 23% After last week's 23% share price gain to CN¥11.15, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 15x in the Machinery industry in China. Total returns to shareholders of 6.4% over the past three years. Announcement • Aug 24
Cimc Vehicles (Group) Co., Ltd. Proposes Interim Cash Dividend for the First Half of 2024 CIMC Vehicles (Group) Co., Ltd. proposed interim Cash dividend/10 shares (tax included) of CNY2.80000000 for the first half of 2024. Reported Earnings • Aug 23
Second quarter 2024 earnings released: EPS: CN¥0.15 (vs CN¥0.70 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.15 (down from CN¥0.70 in 2Q 2023). Revenue: CN¥5.55b (down 19% from 2Q 2023). Net income: CN¥297.9m (down 79% from 2Q 2023). Profit margin: 5.4% (down from 21% in 2Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Machinery industry in China. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings. Announcement • Jun 29
CIMC Vehicles (Group) Co., Ltd. to Report First Half, 2024 Results on Aug 23, 2024 CIMC Vehicles (Group) Co., Ltd. announced that they will report first half, 2024 results on Aug 23, 2024 Board Change • Jun 06
Less than half of directors are independent There are 6 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 2 independent directors. 6 non-independent directors. Independent Non-Executive Director Jinhua Feng was the last independent director to join the board, commencing their role in 2019. 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 • Jun 06
CIMC Vehicles (Group) Co., Ltd., Annual General Meeting, Jun 26, 2024 CIMC Vehicles (Group) Co., Ltd., Annual General Meeting, Jun 26, 2024, at 14:30 China Standard Time. Location: Room 1803, 18F, Taizi Plaza, Shekou, Nanshan District, Shenzhen, Guangdong China Announcement • Mar 30
CIMC Vehicles (Group) Co., Ltd. to Report Q1, 2024 Results on Apr 27, 2024 CIMC Vehicles (Group) Co., Ltd. announced that they will report Q1, 2024 results on Apr 27, 2024 Announcement • Jan 22
CIMC Vehicles (Group) Co., Ltd. Provides Consolidated Earnings Guidance for the Year Ended 31 December 2023 CIMC Vehicles (Group) Co., Ltd. provided consolidated earnings guidance for the year ended 31 December 2023. For the year, the Group expects the consolidated net profit attributable to shareholders of the Company to range fromRMB 2,398,245,000 to RMB 2,478,245,000, representing an increase of approximately 115% to 122% as compared with the corresponding period of last year (the corresponding period of last year: profit of RMB 1,117,958,000). Announcement • Dec 29
CIMC Vehicles (Group) Co., Ltd. to Report Fiscal Year 2023 Results on Mar 22, 2024 CIMC Vehicles (Group) Co., Ltd. announced that they will report fiscal year 2023 results on Mar 22, 2024 Announcement • Oct 13
CIMC Vehicles (Group) Co., Ltd. Provides Consolidated Earnings Guidance for the Nine Months Ended 30 September 2023 CIMC Vehicles (Group) Co., Ltd. provided consolidated earnings guidance for the nine months ended 30 September 2023. For the period, the Group expected consolidated net profit attributable to shareholders will range from RMB 2,165,732 thousand to RMB2,393,704 thousand, representing an increase of approximately 228% to 262% as compared with the corresponding period of last year (the corresponding period of last year: profit of RMB 660,772 thousand). The actual unaudited third quarterly results of the Group for the nine months ended 30 September 2023 have not yet been finalised and may be subject to further adjustments. Therefore, the actual third quarterly results of the Group for the nine months ended 30 September 2023 may be different from those disclosed in this announcement. Announcement • Sep 30
CIMC Vehicles (Group) Co., Ltd. to Report Q3, 2023 Results on Oct 26, 2023 CIMC Vehicles (Group) Co., Ltd. announced that they will report Q3, 2023 results on Oct 26, 2023 Announcement • Jul 18
CIMC Vehicles (Group) Co., Ltd. Announces Cash Dividend on A Shares of 2022, Payable on July 24, 2023 CIMC Vehicles (Group) Co., Ltd. announced Cash dividend/10 shares (tax included) CNY 3.00000000 on A Shares of 2022, payable on July 24, 2023. Record date: 21 July 2023; Ex-date: 24 July 2023. Announcement • Jul 01
CIMC Vehicles (Group) Co., Ltd. to Report First Half, 2023 Results on Aug 24, 2023 CIMC Vehicles (Group) Co., Ltd. announced that they will report first half, 2023 results on Aug 24, 2023 Announcement • May 30
CIMC Vehicles (Group) Co., Ltd. Announces 2022 Final Ordinary Dividend for the Financial Year Ended 31 December 2022, Payment Date of 24 July 2023 CIMC Vehicles (Group) Co., Ltd. announced 2022 Final Ordinary Dividend of RMB 0.3 per share For the financial year ended 31 December 2022. Ex-dividend date 30 May 2023, Book close period From 01 June 2023 to 05 June 2023, Record date of 01 June 2023 and Payment date of 24 July 2023.