Board Change • Jun 11
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 5 non-independent directors. Independent Director Yuhan Zhou was the last independent director to join the board, commencing their role in 2023. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Declared Dividend • May 04
Dividend reduced to CN¥0.17 Dividend of CN¥0.17 is 63% lower than last year. Ex-date: 8th May 2026 Payment date: 8th May 2026 Dividend yield will be 1.0%, which is lower than the industry average of 2.0%. Sustainability & Growth Dividend is covered by both earnings (87% earnings payout ratio) and cash flows (32% cash payout ratio). The dividend has decreased over the past 36 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 183% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Apr 24
First quarter 2026 earnings released: EPS: CN¥0.04 (vs CN¥0.04 in 1Q 2025) First quarter 2026 results: EPS: CN¥0.04 (in line with 1Q 2025). Revenue: CN¥557.1m (down 8.9% from 1Q 2025). Net income: CN¥22.8m (up 1.7% from 1Q 2025). Profit margin: 4.1% (up from 3.7% in 1Q 2025). Revenue is forecast to grow 25% p.a. on average during the next 3 years, compared to a 19% growth forecast for the Machinery industry in China. Price Target Changed • Apr 07
Price target decreased by 11% to CN¥17.91 Down from CN¥20.09, the current price target is provided by 1 analyst. New target price is 15% above last closing price of CN¥15.53. Stock is up 4.5% over the past year. The company is forecast to post earnings per share of CN¥0.53 for next year compared to CN¥0.19 last year. Announcement • Mar 31
CIMC Safeway Technologies Co., Ltd. to Report Q1, 2026 Results on Apr 24, 2026 CIMC Safeway Technologies Co., Ltd. announced that they will report Q1, 2026 results on Apr 24, 2026 New Risk • Mar 28
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 30% 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: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (4.7% net profit margin). Reported Earnings • Mar 23
Full year 2025 earnings: Revenues miss analyst expectations Full year 2025 results: Revenue: CN¥2.39b (down 29% from FY 2024). Net income: CN¥112.7m (down 63% from FY 2024). Profit margin: 4.7% (down from 9.1% in FY 2024). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 34%. Revenue is forecast to grow 33% p.a. on average during the next 2 years, compared to a 17% growth forecast for the Machinery industry in China. Buy Or Sell Opportunity • Mar 22
Now 21% undervalued Over the last 90 days, the stock has risen 4.3% to CN¥16.74. The fair value is estimated to be CN¥21.21, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 27% over the last 3 years. Earnings per share has declined by 56%. Announcement • Mar 20
CIMC Safeway Technologies Co., Ltd., Annual General Meeting, Apr 13, 2026 CIMC Safeway Technologies Co., Ltd., Annual General Meeting, Apr 13, 2026, at 15:00 China Standard Time. Location: No. 159, Chenggang Road, Nantong, Jiangsu China Valuation Update With 7 Day Price Move • Jan 09
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to CN¥18.31, the stock trades at a forward P/E ratio of 29x. Average forward P/E is 27x in the Machinery industry in China. Total returns to shareholders of 31% over the past year. Simply Wall St's valuation model estimates the intrinsic value at CN¥11.69 per share. Announcement • Dec 31
CIMC Safeway Technologies Co., Ltd. to Report Fiscal Year 2025 Results on Mar 21, 2026 CIMC Safeway Technologies Co., Ltd. announced that they will report fiscal year 2025 results on Mar 21, 2026 Reported Earnings • Oct 24
Third quarter 2025 earnings released: EPS: CN¥0.073 (vs CN¥0.11 in 3Q 2024) Third quarter 2025 results: EPS: CN¥0.073 (down from CN¥0.11 in 3Q 2024). Revenue: CN¥536.9m (down 44% from 3Q 2024). Net income: CN¥37.0m (down 43% from 3Q 2024). Profit margin: 6.9% (up from 6.7% in 3Q 2024). The increase in margin was driven by lower expenses. Revenue is forecast to grow 23% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Machinery industry in China. Announcement • Sep 30
CIMC Safeway Technologies Co., Ltd. to Report Q3, 2025 Results on Oct 24, 2025 CIMC Safeway Technologies Co., Ltd. announced that they will report Q3, 2025 results on Oct 24, 2025 Price Target Changed • Sep 05
Price target increased by 16% to CN¥20.09 Up from CN¥17.33, the current price target is an average from 2 analysts. New target price is 14% above last closing price of CN¥17.56. Stock is up 23% over the past year. The company is forecast to post earnings per share of CN¥0.51 for next year compared to CN¥0.51 last year. Reported Earnings • Aug 25
Second quarter 2025 earnings released: EPS: CN¥0.058 (vs CN¥0.10 in 2Q 2024) Second quarter 2025 results: EPS: CN¥0.058 (down from CN¥0.10 in 2Q 2024). Revenue: CN¥602.3m (down 22% from 2Q 2024). Net income: CN¥40.2m (down 36% from 2Q 2024). Profit margin: 6.7% (down from 8.2% in 2Q 2024). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Machinery industry in China. New Risk • Jul 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 7.2% 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 earnings (95% payout ratio). Share price has been volatile over the past 3 months (7.2% average weekly change). Announcement • Jul 02
CIMC Safeway Technologies Co., Ltd. to Report First Half, 2025 Results on Aug 23, 2025 CIMC Safeway Technologies Co., Ltd. announced that they will report first half, 2025 results on Aug 23, 2025 Declared Dividend • May 14
Dividend of CN¥0.44 announced Shareholders will receive a dividend of CN¥0.44. Ex-date: 19th May 2025 Payment date: 19th May 2025 Dividend yield will be 2.4%, which is higher than the industry average of 2.0%. Sustainability & Growth Dividend is not adequately covered by earnings (95% earnings payout ratio). However, it is covered by cash flows (78% cash payout ratio). The dividend has decreased over the past 26 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to grow by 5.4% to bring the payout ratio under control. EPS is expected to grow by 102% over the next 3 years, which is sufficient to bring the dividend into a sustainable range. Reported Earnings • Apr 30
First quarter 2025 earnings released: EPS: CN¥0.04 (vs CN¥0.09 in 1Q 2024) First quarter 2025 results: EPS: CN¥0.04 (down from CN¥0.09 in 1Q 2024). Revenue: CN¥611.2m (down 1.3% from 1Q 2024). Net income: CN¥22.4m (down 57% from 1Q 2024). Profit margin: 3.7% (down from 8.4% in 1Q 2024). The decrease in margin was primarily driven by higher expenses. Revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Machinery industry in China. Announcement • Apr 16
Cimc Safeway Technologies Co., Ltd. Approves Cash Dividend CIMC Safeway Technologies Co., Ltd. held its AGM on 14 April 2025 approved cash dividend/10 shares (tax included) of CNY 4.40000000. Announcement • Mar 31
CIMC Safeway Technologies Co., Ltd. to Report Q1, 2025 Results on Apr 28, 2025 CIMC Safeway Technologies Co., Ltd. announced that they will report Q1, 2025 results on Apr 28, 2025 Announcement • Mar 25
CIMC Safeway Technologies Co., Ltd. Proposes Final Profit Distribution for 2024 CIMC Safeway Technologies Co., Ltd. announced on 24 March 2025 the final profit distribution proposal for 2024 as follows: Cash dividend/10 shares (tax included): CNY 4.40000000. Announcement • Mar 24
CIMC Safeway Technologies Co., Ltd., Annual General Meeting, Apr 14, 2025 CIMC Safeway Technologies Co., Ltd., Annual General Meeting, Apr 14, 2025, at 14:30 China Standard Time. Location: No. 159, Chenggang Road, Nantong, Jiangsu China Reported Earnings • Mar 22
Full year 2024 earnings: EPS in line with expectations, revenues disappoint Full year 2024 results: EPS: CN¥0.51 (down from CN¥1.12 in FY 2023). Revenue: CN¥3.35b (down 28% from FY 2023). Net income: CN¥303.9m (down 49% from FY 2023). Profit margin: 9.1% (down from 13% in FY 2023). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 2.4%. Earnings per share (EPS) were mostly in line with analyst estimates. Revenue is forecast to grow 17% p.a. on average during the next 2 years, compared to a 16% growth forecast for the Machinery industry in China. Announcement • Dec 31
CIMC Safeway Technologies Co., Ltd. to Report Fiscal Year 2024 Results on Mar 22, 2025 CIMC Safeway Technologies Co., Ltd. announced that they will report fiscal year 2024 results on Mar 22, 2025 Announcement • Sep 30
CIMC Safeway Technologies Co., Ltd. to Report Q3, 2024 Results on Oct 23, 2024 CIMC Safeway Technologies Co., Ltd. announced that they will report Q3, 2024 results on Oct 23, 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¥17.30, the stock trades at a forward P/E ratio of 29x. Average forward P/E is 15x in the Machinery industry in China. Buy Or Sell Opportunity • Sep 10
Now 20% overvalued Over the last 90 days, the stock has fallen 6.3% to CN¥14.22. The fair value is estimated to be CN¥11.83, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 34% over the last year. Earnings per share has declined by 53%. Revenue is forecast to grow by 13% in 2 years. Earnings are forecast to grow by 29% in the next 2 years. Reported Earnings • Aug 21
Second quarter 2024 earnings released Second quarter 2024 results: EPS: CN¥0.10. Net income: CN¥63.1m (up CN¥63.1m from 2Q 2023). Announcement • Jun 29
CIMC Safeway Technologies Co., Ltd. to Report First Half, 2024 Results on Aug 21, 2024 CIMC Safeway Technologies Co., Ltd. announced that they will report first half, 2024 results on Aug 21, 2024 Buy Or Sell Opportunity • Jun 06
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 11% to CN¥14.90. The fair value is estimated to be CN¥18.64, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 31% over the last year. Earnings per share has declined by 49%. Revenue is forecast to grow by 40% in a year. Earnings are forecast to grow by 82% in the next year. Valuation Update With 7 Day Price Move • Apr 24
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to CN¥15.35, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 17x in the Machinery industry in China. Announcement • Mar 30
CIMC Safeway Technologies Co., Ltd. to Report Q1, 2024 Results on Apr 24, 2024 CIMC Safeway Technologies Co., Ltd. announced that they will report Q1, 2024 results on Apr 24, 2024 Announcement • Mar 21
CIMC Safeway Technologies Co., Ltd., Annual General Meeting, Apr 15, 2024 CIMC Safeway Technologies Co., Ltd., Annual General Meeting, Apr 15, 2024, at 14:30 China Standard Time. Location: No. 159, Chenggang Road, Nantong, Jiangsu China Reported Earnings • Mar 20
Full year 2023 earnings: EPS exceeds analyst expectations while revenues lag behind Full year 2023 results: EPS: CN¥1.12 (down from CN¥1.39 in FY 2022). Revenue: CN¥4.66b (down 16% from FY 2022). Net income: CN¥595.9m (down 16% from FY 2022). Profit margin: 13% (in line with FY 2022). Revenue missed analyst estimates by 8.0%. Earnings per share (EPS) exceeded analyst estimates by 14%. Revenue is forecast to grow 15% p.a. on average during the next 2 years, compared to a 19% growth forecast for the Machinery industry in China. Valuation Update With 7 Day Price Move • Feb 05
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to CN¥14.34, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 14x in the Machinery industry in China. Announcement • Dec 30
CIMC Safeway Technologies Co., Ltd. to Report Fiscal Year 2023 Results on Mar 20, 2024 CIMC Safeway Technologies Co., Ltd. announced that they will report fiscal year 2023 results on Mar 20, 2024 Board Change • Nov 17
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Director Yuhan Zhou was the last independent director to join the board, commencing their role in 2023. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Nov 17
CIMC Safeway Technologies Co., Ltd. Announces 2023 Third Quarter Profit Distribution Plan to Be Implemented (A Shares), Payable on 21 November 2023 CIMC Safeway Technologies Co., Ltd. announced 2023 third quarter profit distribution plan to be implemented (A shares): Cash dividend/10 shares (tax included): CNY 8.35000000. Record date: 20 November 2023. Ex-date: 21 November 2023. Payment date: 21 November 2023. Announcement • Nov 12
CIMC Safeway Technologies Co., Ltd. Announces Management Appointments CIMC Safeway Technologies Co., Ltd. at its 3rd Extraordinary General Meeting of 2023 on 09 November 2023 approved the Election of non-independent directors, cumulative voting system applicable: Yang Xiaohu, Ji Guoxiang, Lai Zeqiao, Ding Li. Election of independent directors, cumulative voting system applicable: Yuan Xinwen, Zhou Yuhan. Election of non-employee supervisors, cumulative voting system applicable: Qin Gang and Liu Ying. Announcement • Nov 11
CIMC Safeway Technologies Co., Ltd. Approves Cash Dividend CIMC Safeway Technologies Co., Ltd. at its 3rd Extraordinary General Meeting of 2023 on 09 November 2023 approved Cash dividend/10 shares (tax included): CNY 8.35000000. Announcement • Oct 26
CIMC Safeway Technologies Co., Ltd. Proposes Third Quarterly Dividend CIMC Safeway Technologies Co., Ltd. announced on 25 October 2023 the profit distribution proposal for the third quarter of 2023 as follows: Cash dividend/10 shares (tax included): CNY 8.35000000. Reported Earnings • Oct 25
Third quarter 2023 earnings released: EPS: CN¥0.25 (vs CN¥0.46 in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.25 (down from CN¥0.46 in 3Q 2022). Revenue: CN¥1.27b (down 15% from 3Q 2022). Net income: CN¥128.3m (down 45% from 3Q 2022). Profit margin: 10% (down from 16% in 3Q 2022). The decrease in margin was driven by lower revenue. 
