Declared Dividend • Jul 17
Dividend reduced to CN¥0.06 Dividend of CN¥0.06 is 54% lower than last year. Ex-date: 21st July 2026 Payment date: 21st July 2026 Dividend yield will be 0.1%, which is lower than the industry average of 3.4%. Announcement • Jul 16
Runjian Co., Ltd. (SZSE:002929) announces an Equity Buyback for CNY 300 million worth of its shares. Runjian Co., Ltd. (SZSE:002929) announces a share repurchase program. Under the program, the company will repurchase up to CNY 300 million worth of its A shares. The shares will be repurchased at a price not more than CNY 97 per share. The repurchased shares will be used for ESOP or equity incentives. The program will be funded from company's own funds. The authorization will be valid for a period of 12 months. Announcement • Jun 30
Runjian Co., Ltd. to Report First Half, 2026 Results on Aug 26, 2026 Runjian Co., Ltd. announced that they will report first half, 2026 results on Aug 26, 2026 Board Change • May 20
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. 7 highly experienced directors. 3 independent directors (6 non-independent directors). Independent Director Weigan Huang was the last independent director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Announcement • May 18
Runjian Co., Ltd., Annual General Meeting, Jun 08, 2026 Runjian Co., Ltd., Annual General Meeting, Jun 08, 2026, at 14:30 China Standard Time. Location: The Company's Meeting Room, Guangzhou, Guangdong China Announcement • Mar 31
Runjian Co., Ltd. to Report Q1, 2026 Results on Apr 30, 2026 Runjian Co., Ltd. announced that they will report Q1, 2026 results on Apr 30, 2026 Announcement • Dec 31
Runjian Co., Ltd. to Report Fiscal Year 2025 Results on Apr 27, 2026 Runjian Co., Ltd. announced that they will report fiscal year 2025 results on Apr 27, 2026 Announcement • Sep 30
Runjian Co., Ltd. to Report Q3, 2025 Results on Oct 30, 2025 Runjian Co., Ltd. announced that they will report Q3, 2025 results on Oct 30, 2025 Announcement • Jul 10
Guangdong Shengyue Equity Investment Fund Partnership (Limited Partnership) completed the acquisition of 6.85% stake in Runjian Co., Ltd. (SZSE:002929) from Xuzhou Hongze Yuantian Venture Capital Partnership Enterprise (Limited Partnership). Guangdong Shengyue Equity Investment Fund Partnership (Limited Partnership) signed share transfer agreement to acquire 6.85% stake in Runjian Co., Ltd. (SZSE:002929) from Xuzhou Hongze Yuantian Venture Capital Partnership Enterprise (Limited Partnership) for approximately CNY 460 million on September 13, 2024. A cash consideration valued at CNY 23.5 per share will be paid by Guangdong Shengyue Equity Investment Fund Partnership (Limited Partnership) for 19,446,344 shares.
The transaction is subject to approval by Shenzhen Stock Exchange for compliance, and the transfer of shares must be handled at the Shenzhen Branch of China Securities Depository and Clearing Co., Ltd.
Guangdong Shengyue Equity Investment Fund Partnership (Limited Partnership) completed the acquisition of 6.85% stake in Runjian Co., Ltd. (SZSE:002929) from Xuzhou Hongze Yuantian Venture Capital Partnership Enterprise (Limited Partnership) on July 10, 2025. Announcement • Jul 02
Runjian Co., Ltd. to Report First Half, 2025 Results on Aug 27, 2025 Runjian Co., Ltd. announced that they will report first half, 2025 results on Aug 27, 2025 Announcement • Apr 26
Runjian Co., Ltd., Annual General Meeting, May 19, 2025 Runjian Co., Ltd., Annual General Meeting, May 19, 2025, at 14:30 China Standard Time. Location: The Company's Meeting Room, Guangzhou, Guangdong China Announcement • Mar 31
Runjian Co., Ltd. to Report Q1, 2025 Results on Apr 30, 2025 Runjian Co., Ltd. announced that they will report Q1, 2025 results on Apr 30, 2025 Announcement • Dec 31
Runjian Co., Ltd. to Report Fiscal Year 2024 Results on Apr 26, 2025 Runjian Co., Ltd. announced that they will report fiscal year 2024 results on Apr 26, 2025 Reported Earnings • Oct 31
Third quarter 2024 earnings released: EPS: CN¥0.19 (vs CN¥0.72 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.19 (down from CN¥0.72 in 3Q 2023). Revenue: CN¥2.12b (down 1.6% from 3Q 2023). Net income: CN¥53.8m (down 53% from 3Q 2023). Profit margin: 2.5% (down from 5.3% in 3Q 2023). The decrease in margin was primarily driven by lower revenue. Revenue is forecast to grow 23% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Construction industry in China. Over the last 3 years on average, earnings per share has fallen by 4% per year whereas the company’s share price has fallen by 3% per year. New Risk • Oct 30
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.0% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (currently running at an operating cash loss). Minor Risks Paying a dividend despite having no free cash flows. Shareholders have been diluted in the past year (2.0% increase in shares outstanding). 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¥29.27, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 12x in the Construction industry in China. Total loss to shareholders of 12% over the past three years. Announcement • Sep 30
Runjian Co., Ltd. to Report Q3, 2024 Results on Oct 31, 2024 Runjian Co., Ltd. announced that they will report Q3, 2024 results on Oct 31, 2024 Valuation Update With 7 Day Price Move • Sep 28
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to CN¥29.43, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 11x in the Construction industry in China. Total returns to shareholders of 4.6% over the past three years. Reported Earnings • Aug 31
Second quarter 2024 earnings released: EPS: CN¥0.38 (vs CN¥0.67 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.38 (down from CN¥0.67 in 2Q 2023). Revenue: CN¥2.29b (flat on 2Q 2023). Net income: CN¥108.4m (down 25% from 2Q 2023). Profit margin: 4.7% (down from 6.3% in 2Q 2023). Revenue is forecast to grow 28% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Construction industry in China. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. Announcement • Jul 12
Runjian Co., Ltd. Announces Final Cash Dividend on A Shares for the Year 2023, Payable on 17 July 2024 Runjian Co., Ltd. announced final cash dividend/10 shares (tax included) of CNY 2.50000000 on A shares for the year 2023. Record date: 16 July 2024. Ex-date: 17 July 2024. Payment date: 17 July 2024. Announcement • Jun 29
Runjian Co., Ltd. to Report First Half, 2024 Results on Aug 31, 2024 Runjian Co., Ltd. announced that they will report first half, 2024 results on Aug 31, 2024 New Risk • May 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 9.4% 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 Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (9.4% average weekly change). Shareholders have been diluted in the past year (19% increase in shares outstanding). Announcement • May 01
Runjian Co., Ltd., Annual General Meeting, May 21, 2024 Runjian Co., Ltd., Annual General Meeting, May 21, 2024, at 14:30 China Standard Time. Location: The Company's Meeting Room, Guangzhou, Guangdong China Reported Earnings • Apr 30
First quarter 2024 earnings released: EPS: CN¥0.46 (vs CN¥0.60 in 1Q 2023) First quarter 2024 results: EPS: CN¥0.46 (down from CN¥0.60 in 1Q 2023). Revenue: CN¥2.14b (down 6.8% from 1Q 2023). Net income: CN¥127.5m (down 8.7% from 1Q 2023). Profit margin: 6.0% (down from 6.1% in 1Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 35% p.a. on average during the next 2 years, compared to a 10% growth forecast for the Construction industry in China. Over the last 3 years on average, earnings per share has increased by 11% per year whereas the company’s share price has increased by 15% per year. New Risk • Apr 03
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 9.8% 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 Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (9.8% average weekly change). Shareholders have been diluted in the past year (18% increase in shares outstanding). Announcement • Mar 30
Runjian Co., Ltd. to Report Q1, 2024 Results on Apr 30, 2024 Runjian Co., Ltd. announced that they will report Q1, 2024 results on Apr 30, 2024 Valuation Update With 7 Day Price Move • Mar 25
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥46.80, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 10x in the Construction industry in China. Total returns to shareholders of 98% over the past three years. Valuation Update With 7 Day Price Move • Feb 29
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to CN¥39.79, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 10x in the Construction industry in China. Total returns to shareholders of 61% over the past three years. 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¥29.06, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 11x in the Construction industry in China. Total returns to shareholders of 42% over the past three years. Announcement • Dec 29
Runjian Co., Ltd. to Report Fiscal Year 2023 Results on Apr 30, 2024 Runjian Co., Ltd. announced that they will report fiscal year 2023 results on Apr 30, 2024 New Risk • Nov 23
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 8.3% 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 Risk Share price has been highly volatile over the past 3 months (8.3% average weekly change). Minor Risks Paying a dividend despite having no free cash flows. Shareholders have been diluted in the past year (19% increase in shares outstanding). Reported Earnings • Nov 02
Third quarter 2023 earnings released: EPS: CN¥0.72 (vs CN¥0.55 in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.72. Revenue: CN¥2.16b (down 2.7% from 3Q 2022). Net income: CN¥115.3m (down 8.8% from 3Q 2022). Profit margin: 5.3% (down from 5.7% in 3Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 33% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Construction industry in China. Valuation Update With 7 Day Price Move • Oct 25
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to CN¥40.61, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 11x in the Construction industry in China. Total returns to shareholders of 50% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥72.48 per share. Announcement • Sep 30
Runjian Co., Ltd. to Report Q3, 2023 Results on Oct 31, 2023 Runjian Co., Ltd. announced that they will report Q3, 2023 results at 3:00 PM, China Standard Time on Oct 31, 2023 Reported Earnings • Aug 26
Second quarter 2023 earnings released: EPS: CN¥0.67 (vs CN¥0.59 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.67 (up from CN¥0.59 in 2Q 2022). Revenue: CN¥2.30b (up 6.0% from 2Q 2022). Net income: CN¥145.3m (up 8.0% from 2Q 2022). Profit margin: 6.3% (up from 6.2% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 31% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Construction industry in China. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth. Announcement • Jun 09
Runjian Co., Ltd. Implements Final Profit Distribution Plan(A Shares) for 2022, Payable on 14 June 2023 Runjian Co., Ltd. announced 2022 final profit distribution plan to be implemented (A shares): Cash dividend/10 shares (tax included): CNY 2.50000000. Record date: 13 June 2023, Ex-date: 14 June 2023, Payment date: 14 June 2023. Reported Earnings • Apr 12
Full year 2022 earnings released: EPS: CN¥1.83 (vs CN¥1.54 in FY 2021) Full year 2022 results: EPS: CN¥1.83 (up from CN¥1.54 in FY 2021). Revenue: CN¥8.16b (up 24% from FY 2021). Net income: CN¥424.3m (up 20% from FY 2021). Profit margin: 5.2% (down from 5.3% in FY 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 30% p.a. on average during the next 2 years, compared to a 14% growth forecast for the Construction 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 only increased by 13% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Mar 23
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to CN¥53.80, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 12x in the Construction industry in China. Total returns to shareholders of 62% over the past three years. Valuation Update With 7 Day Price Move • Jan 06
Investor sentiment improved over the past week After last week's 16% share price gain to CN¥45.42, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 9x in the Construction industry in China. Total returns to shareholders of 62% over the past three years. Board Change • Nov 16
High number of new and inexperienced directors There are 8 new directors who have joined the board in the last 3 years. The company's board is composed of: 8 new directors. 4 experienced directors. No highly experienced directors. Chairman of Supervisory Board Min Tang is the most experienced director on the board, commencing their role in 2020. 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¥0.55 (vs CN¥0.41 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.55 (up from CN¥0.41 in 3Q 2021). Revenue: CN¥2.22b (up 35% from 3Q 2021). Net income: CN¥126.4m (up 39% from 3Q 2021). Profit margin: 5.7% (up from 5.5% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 30% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Construction industry in China. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth. Reported Earnings • Aug 21
Second quarter 2022 earnings released: EPS: CN¥0.59 (vs CN¥0.44 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.59 (up from CN¥0.44 in 2Q 2021). Revenue: CN¥2.17b (up 24% from 2Q 2021). Net income: CN¥134.6m (up 40% from 2Q 2021). Profit margin: 6.2% (up from 5.5% in 2Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 36%, compared to a 19% growth forecast for the Construction 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 only increased by 13% per year, which means it is significantly lagging earnings growth. Board Change • Apr 27
High number of new and inexperienced directors There are 8 new directors who have joined the board in the last 3 years. The company's board is composed of: 8 new directors. 4 experienced directors. No highly experienced directors. Chairman of Supervisory Board Min Tang is the most experienced director on the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Valuation Update With 7 Day Price Move • Feb 22
Investor sentiment improved over the past week After last week's 15% share price gain to CN¥38.53, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 14x in the Construction industry in China. Total returns to shareholders of 16% over the past three years. Reported Earnings • Oct 26
Third quarter 2021 earnings released: EPS CN¥0.41 (vs CN¥0.25 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: CN¥1.65b (up 46% from 3Q 2020). Net income: CN¥90.9m (up 65% from 3Q 2020). Profit margin: 5.5% (up from 4.9% in 3Q 2020). The increase in margin was driven by higher revenue. Valuation Update With 7 Day Price Move • Oct 15
Investor sentiment improved over the past week After last week's 17% share price gain to CN¥33.90, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 10x in the Construction industry in China. Total returns to shareholders of 27% over the past year. Valuation Update With 7 Day Price Move • Feb 11
Investor sentiment improved over the past week After last week's 16% share price gain to CN¥24.19, the stock is trading at a trailing P/E ratio of 23.3x, up from the previous P/E ratio of 20x. This compares to an average P/E of 17x in the Construction industry in China. Total return to shareholders over the past year is a loss of 6.6%. Is New 90 Day High Low • Jan 28
New 90-day low: CN¥22.39 The company is down 18% from its price of CN¥27.18 on 30 October 2020. The Chinese market is up 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Construction industry, which is down 8.0% over the same period. Is New 90 Day High Low • Jan 13
New 90-day low: CN¥22.62 The company is down 16% from its price of CN¥26.91 on 16 October 2020. The Chinese market is up 6.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Construction industry, which is down 8.0% over the same period. Is New 90 Day High Low • Dec 28
New 90-day low: CN¥22.89 The company is down 12% from its price of CN¥26.09 on 30 September 2020. The Chinese market is up 6.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Construction industry, which is down 4.0% over the same period. Is New 90 Day High Low • Dec 11
New 90-day low: CN¥25.22 The company is down 10.0% from its price of CN¥28.17 on 11 September 2020. The Chinese market is up 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Construction industry, which is down 2.0% over the same period. Is New 90 Day High Low • Nov 03
New 90-day low: CN¥25.29 The company is down 16% from its price of CN¥30.12 on 05 August 2020. The Chinese market is down 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Construction industry, which is down 8.0% over the same period.