Valuation Update With 7 Day Price Move • Jul 14
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to CN¥10.59, the stock trades at a trailing P/E ratio of 56.5x. Average trailing P/E is 45x in the Machinery industry in China. Total returns to shareholders of 12% over the past year. New Risk • Jul 13
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 9.3% 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 13% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (9.3% average weekly change). Announcement • Jun 30
Jiangsu Yawei Machine Tool Co., Ltd. to Report First Half, 2026 Results on Aug 25, 2026 Jiangsu Yawei Machine Tool Co., Ltd. announced that they will report first half, 2026 results on Aug 25, 2026 Buy Or Sell Opportunity • Jun 29
Now 26% overvalued after recent price rise Over the last 90 days, the stock has risen 34% to CN¥12.31. The fair value is estimated to be CN¥9.79, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 7.6% over the last 3 years. Earnings per share has grown by 38%. Board Change • Jun 01
High number of new directors Independent Director Jingsong Wu was the last director to join the board, commencing their role in 2026. Declared Dividend • May 20
Dividend of CN¥0.075 announced Shareholders will receive a dividend of CN¥0.075. Ex-date: 21st May 2026 Payment date: 21st May 2026 Dividend yield will be 0.7%, 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 (24% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. 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 7.3% EPS decline seen over the last 5 years. Board Change • May 20
Less than half of directors are independent Following the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent Director Pei Huang Lou 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 • Apr 20
Jiangsu Yawei Machine Tool Co., Ltd., Annual General Meeting, May 12, 2026 Jiangsu Yawei Machine Tool Co., Ltd., Annual General Meeting, May 12, 2026, at 15:30 China Standard Time. Location: The Company's Meeting Room, Yangzhou, Jiangsu China Announcement • Mar 31
Jiangsu Yawei Machine Tool Co., Ltd. to Report Q1, 2026 Results on Apr 30, 2026 Jiangsu Yawei Machine Tool Co., Ltd. announced that they will report Q1, 2026 results on Apr 30, 2026 Announcement • Dec 31
Jiangsu Yawei Machine Tool Co., Ltd. to Report Fiscal Year 2025 Results on Apr 21, 2026 Jiangsu Yawei Machine Tool Co., Ltd. announced that they will report fiscal year 2025 results on Apr 21, 2026 Announcement • Sep 30
Jiangsu Yawei Machine Tool Co., Ltd. to Report Q3, 2025 Results on Oct 28, 2025 Jiangsu Yawei Machine Tool Co., Ltd. announced that they will report Q3, 2025 results on Oct 28, 2025 Announcement • Sep 24
Jiangsu Yawei Machine Tool Co., Ltd. announced that it expects to receive CNY 719.030855 million in funding from Yangzhou Industrial Investment Development Group Co., Ltd Jiangsu Yawei Machine Tool Co., Ltd. announces a private placement with Yangzhou Industrial Investment Development Group Co., Ltd to issue not more than 99,726,887 shares at a price of CNY 7.21 per share for gross proceeds of CNY 719,030,855 on September 24, 2025. On June 20, 2025, Jiangsu Provincial Government State-owned Assets Supervision and Administration Commission issued “Approval of Yangzhou Industrial Investment Development Group Co., Ltd. Subscribing to Jiangsu Yawei Machine Tool Co., Ltd.’s Shares,” agreeing in principle to the private placement. The adjustments were approved in the 21st Meeting of the Company’s 6th Directorate and Yangzhou Industrial Investment Development Group Co., Ltd.’s 18th Directorate Meeting of 2025 held on September 23, 2025. Announcement • Jul 02
Jiangsu Yawei Machine Tool Co., Ltd. to Report First Half, 2025 Results on Aug 28, 2025 Jiangsu Yawei Machine Tool Co., Ltd. announced that they will report first half, 2025 results on Aug 28, 2025 Announcement • Apr 28
Jiangsu Yawei Machine Tool Co., Ltd., Annual General Meeting, May 20, 2025 Jiangsu Yawei Machine Tool Co., Ltd., Annual General Meeting, May 20, 2025, at 15:30 China Standard Time. Location: The Company's Meeting Room, Yangzhou, Jiangsu China Announcement • Mar 31
Jiangsu Yawei Machine Tool Co., Ltd. to Report Q1, 2025 Results on Apr 28, 2025 Jiangsu Yawei Machine Tool Co., Ltd. announced that they will report Q1, 2025 results on Apr 28, 2025 Announcement • Jan 22
Jiangsu Yawei Machine Tool Co., Ltd. announced that it expects to receive CNY 933.551339 million in funding from Yangzhou Industrial Investment Development Group Co., Ltd Jiangsu Yawei Machine Tool Co., Ltd. announced a private placement to issue 128,235,074 A shares at an issue price of CNY 7.28 per share for the gross proceeds of CNY 933,551,338.72 on January 20, 2024. The transaction will include participation from new investor Yangzhou Industrial Investment Development Group Co., Ltd. The transaction has been approved by shareholders of sixth Board of Directors and the thirteenth meeting of the sixth Board of Supervisors, Yangzhou Industrial Investment Development Group Co., Ltd. held its first Board of Directors meeting of 2025 and is subject to shareholders meeting Shenzhen Stock Exchange and obtaining the registration approval from the China Securities Regulatory Commission. After obtaining all the above approvals, the company will apply to the Shenzhen Stock Exchange and the Shenzhen branch of the China Securities Depository and Clearing Corporation Limited for handling the stock issuance, registration, and listing matters. The shares subscribed by the specific investors in this issuance shall not be transferred within 18 months from the date of the completion of the issuance. Announcement • Dec 31
Jiangsu Yawei Machine Tool Co., Ltd. to Report Fiscal Year 2024 Results on Apr 28, 2025 Jiangsu Yawei Machine Tool Co., Ltd. announced that they will report fiscal year 2024 results on Apr 28, 2025 Reported Earnings • Oct 29
Third quarter 2024 earnings released: EPS: CN¥0.065 (vs CN¥0.059 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.065 (up from CN¥0.059 in 3Q 2023). Revenue: CN¥462.1m (down 8.8% from 3Q 2023). Net income: CN¥35.8m (up 10% from 3Q 2023). Profit margin: 7.7% (up from 6.4% in 3Q 2023). Valuation Update With 7 Day Price Move • Sep 30
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to CN¥8.45, the stock trades at a trailing P/E ratio of 48x. Average trailing P/E is 29x in the Machinery industry in China. Announcement • Sep 30
Jiangsu Yawei Machine Tool Co., Ltd. to Report Q3, 2024 Results on Oct 29, 2024 Jiangsu Yawei Machine Tool Co., Ltd. announced that they will report Q3, 2024 results on Oct 29, 2024 Announcement • Sep 28
Jiangsu Yawei Machine Tool Co., Ltd. (SZSE:002559) announces an Equity Buyback for CNY 70 million worth of its shares. Jiangsu Yawei Machine Tool Co., Ltd. (SZSE:002559) announces a share repurchase program. Under the program, the company will repurchase up to CNY 70 million worth of its shares. The shares will be purchased at a price not exceeding CNY 8.5 per share. The purpose of the program is to improve the company's long-term incentive mechanism, fully mobilize the enthusiasm of the company's management and core team, and promote the company's healthy and long-term development. The repurchased shares will be used for employee stock ownership plan or equity incentive, otherwise will be cancelled if the company fails to transfer them within the time limit stipulated by relevant laws and regulations. The program will be funded from company's own funds. The program will be valid for 6 months. The company has 549,765,024 shares issued and outstanding. Reported Earnings • Aug 27
Second quarter 2024 earnings released: EPS: CN¥0.044 (vs CN¥0.033 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.044 (up from CN¥0.033 in 2Q 2023). Revenue: CN¥471.0m (down 6.0% from 2Q 2023). Net income: CN¥24.5m (up 34% from 2Q 2023). Profit margin: 5.2% (up from 3.6% in 2Q 2023). New Risk • Jul 05
New major risk - Revenue and earnings growth Earnings have declined by 16% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Shares are highly illiquid. Earnings have declined by 16% per year over the past 5 years. Minor Risks Paying a dividend despite having no free cash flows. Large one-off items impacting financial results. Announcement • Jun 29
Jiangsu Yawei Machine Tool Co., Ltd. to Report First Half, 2024 Results on Aug 27, 2024 Jiangsu Yawei Machine Tool Co., Ltd. announced that they will report first half, 2024 results on Aug 27, 2024 Board Change • Jun 24
Less than half of directors are independent Following the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent Director Pei Lou 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. 
