Announcement • Jun 30
Sichuan Langsha Holding Ltd. to Report First Half, 2026 Results on Aug 25, 2026 Sichuan Langsha Holding Ltd. announced that they will report first half, 2026 results on Aug 25, 2026 Reported Earnings • Apr 28
Full year 2025 earnings released: EPS: CN¥0.33 (vs CN¥0.24 in FY 2024) Full year 2025 results: EPS: CN¥0.33 (up from CN¥0.24 in FY 2024). Revenue: CN¥389.8m (up 2.7% from FY 2024). Net income: CN¥32.3m (up 38% from FY 2024). Profit margin: 8.3% (up from 6.2% in FY 2024). Over the last 3 years on average, earnings per share has increased by 20% per year whereas the company’s share price has increased by 16% per year. Announcement • Apr 28
Sichuan Langsha Holding Ltd., Annual General Meeting, May 29, 2026 Sichuan Langsha Holding Ltd., Annual General Meeting, May 29, 2026, at 10:00 China Standard Time. Location: The Company's Meeting Room, Yiwu, Zhejiang China Announcement • Mar 30
Sichuan Langsha Holding Ltd. to Report Q1, 2026 Results on Apr 30, 2026 Sichuan Langsha Holding Ltd. announced that they will report Q1, 2026 results on Apr 30, 2026 Announcement • Dec 26
Sichuan Langsha Holding Ltd. to Report Fiscal Year 2025 Results on Apr 28, 2026 Sichuan Langsha Holding Ltd. announced that they will report fiscal year 2025 results on Apr 28, 2026 Reported Earnings • Oct 31
Third quarter 2025 earnings released: EPS: CN¥0.094 (vs CN¥0.072 in 3Q 2024) Third quarter 2025 results: EPS: CN¥0.094 (up from CN¥0.072 in 3Q 2024). Revenue: CN¥97.4m (up 10% from 3Q 2024). Net income: CN¥9.06m (up 30% from 3Q 2024). Profit margin: 9.3% (up from 7.9% in 3Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth. Announcement • Sep 30
Sichuan Langsha Holding Ltd. to Report Q3, 2025 Results on Oct 31, 2025 Sichuan Langsha Holding Ltd. announced that they will report Q3, 2025 results on Oct 31, 2025 New Risk • Sep 02
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 21% 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. Valuation Update With 7 Day Price Move • Jul 25
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥21.55, the stock trades at a trailing P/E ratio of 74.9x. Average trailing P/E is 31x in the Luxury industry in China. Total returns to shareholders of 53% over the past three years. Announcement • Jun 30
Sichuan Langsha Holding Ltd. to Report First Half, 2025 Results on Aug 26, 2025 Sichuan Langsha Holding Ltd. announced that they will report first half, 2025 results on Aug 26, 2025 Announcement • May 26
Sichuan Langsha Holding Ltd., Annual General Meeting, Jun 20, 2025 Sichuan Langsha Holding Ltd., Annual General Meeting, Jun 20, 2025, at 10:00 China Standard Time. Location: Meeting Room of Langsha Underwear Co., Ltd., Yiwu, Zhejiang China New Risk • May 26
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 8.5% 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 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 (8.5% average weekly change). Valuation Update With 7 Day Price Move • May 20
Investor sentiment improves as stock rises 23% After last week's 23% share price gain to CN¥20.44, the stock trades at a trailing P/E ratio of 71x. Average trailing P/E is 28x in the Luxury industry in China. Total returns to shareholders of 57% over the past three years. Announcement • Mar 28
Sichuan Langsha Holding Ltd. to Report Q1, 2025 Results on Apr 29, 2025 Sichuan Langsha Holding Ltd. announced that they will report Q1, 2025 results on Apr 29, 2025 Announcement • Dec 27
Sichuan Langsha Holding Ltd. to Report Fiscal Year 2024 Results on Apr 29, 2025 Sichuan Langsha Holding Ltd. announced that they will report fiscal year 2024 results on Apr 29, 2025 Valuation Update With 7 Day Price Move • Dec 16
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to CN¥18.21, the stock trades at a trailing P/E ratio of 65.2x. Average trailing P/E is 25x in the Luxury industry in China. Total returns to shareholders of 27% over the past three years. Reported Earnings • Oct 30
Third quarter 2024 earnings released: EPS: CN¥0.072 (vs CN¥0.048 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.072 (up from CN¥0.048 in 3Q 2023). Revenue: CN¥88.4m (down 7.2% from 3Q 2023). Net income: CN¥6.95m (up 47% from 3Q 2023). Profit margin: 7.9% (up from 5.0% in 3Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. Buy Or Sell Opportunity • Oct 25
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 25% to CN¥14.40. The fair value is estimated to be CN¥11.87, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 9.1%. Announcement • Sep 30
Sichuan Langsha Holding Ltd. to Report Q3, 2024 Results on Oct 30, 2024 Sichuan Langsha Holding Ltd. announced that they will report Q3, 2024 results on Oct 30, 2024 Valuation Update With 7 Day Price Move • Sep 30
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to CN¥13.80, the stock trades at a trailing P/E ratio of 53.8x. Average trailing P/E is 21x in the Luxury industry in China. Total returns to shareholders of 2.7% over the past three years. Reported Earnings • Aug 27
Second quarter 2024 earnings released: EPS: CN¥0.039 (vs CN¥0.035 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.039 (up from CN¥0.035 in 2Q 2023). Revenue: CN¥76.5m (up 6.3% from 2Q 2023). Net income: CN¥3.84m (up 13% from 2Q 2023). Profit margin: 5.0% (up from 4.7% 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 9% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings. Reported Earnings • Apr 24
Full year 2023 earnings released: EPS: CN¥0.23 (vs CN¥0.18 in FY 2022) Full year 2023 results: EPS: CN¥0.23 (up from CN¥0.18 in FY 2022). Revenue: CN¥387.8m (up 19% from FY 2022). Net income: CN¥22.6m (up 31% from FY 2022). Profit margin: 5.8% (up from 5.3% in FY 2022). Over the last 3 years on average, earnings per share has increased by 1% per year whereas the company’s share price has fallen by 1% per year. Announcement • Apr 23
Sichuan Langsha Holding Ltd., Annual General Meeting, May 24, 2024 Sichuan Langsha Holding Ltd., Annual General Meeting, May 24, 2024, at 10:00 China Standard Time. Location: Meeting Room of Langsha Underwear Co., Ltd., Yiwu, Zhejiang China Valuation Update With 7 Day Price Move • Apr 16
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to CN¥11.49, the stock trades at a trailing P/E ratio of 61.2x. Average trailing P/E is 23x in the Luxury industry in China. Total loss to shareholders of 14% over the past three years. Announcement • Mar 29
Sichuan Langsha Holding Ltd. to Report Q1, 2024 Results on Apr 30, 2024 Sichuan Langsha Holding Ltd. announced that they will report Q1, 2024 results on Apr 30, 2024 Valuation Update With 7 Day Price Move • Feb 01
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to CN¥13.90, the stock trades at a trailing P/E ratio of 74x. Average trailing P/E is 24x in the Luxury industry in China. Total returns to shareholders of 21% over the past three years. Announcement • Dec 29
Sichuan Langsha Holding Ltd. to Report Fiscal Year 2023 Results on Apr 23, 2024 Sichuan Langsha Holding Ltd. announced that they will report fiscal year 2023 results on Apr 23, 2024 Reported Earnings • Nov 01
Third quarter 2023 earnings released: EPS: CN¥0.048 (vs CN¥0.039 in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.048 (up from CN¥0.039 in 3Q 2022). Revenue: CN¥95.2m (up 17% from 3Q 2022). Net income: CN¥4.72m (up 22% from 3Q 2022). Profit margin: 5.0% (up from 4.7% in 3Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 7% per year, which means it is well ahead of earnings. Announcement • Sep 30
Sichuan Langsha Holding Ltd. to Report Q3, 2023 Results on Oct 31, 2023 Sichuan Langsha Holding Ltd. announced that they will report Q3, 2023 results on Oct 31, 2023 Reported Earnings • Aug 29
Second quarter 2023 earnings released: EPS: CN¥0.035 (vs CN¥0.019 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.035 (up from CN¥0.019 in 2Q 2022). Revenue: CN¥71.9m (up 34% from 2Q 2022). Net income: CN¥3.42m (up 93% from 2Q 2022). Profit margin: 4.7% (up from 3.3% in 2Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 1% per year whereas the company’s share price has fallen by 4% per year. Announcement • Jun 28
Sichuan Langsha Holding Ltd. to Report First Half, 2023 Results on Aug 29, 2023 Sichuan Langsha Holding Ltd. announced that they will report first half, 2023 results on Aug 29, 2023 Reported Earnings • Apr 26
Full year 2022 earnings released: EPS: CN¥0.18 (vs CN¥0.21 in FY 2021) Full year 2022 results: EPS: CN¥0.18 (down from CN¥0.21 in FY 2021). Revenue: CN¥326.8m (down 19% from FY 2021). Net income: CN¥17.3m (down 14% from FY 2021). Profit margin: 5.3% (up from 5.0% in FY 2021). Over the last 3 years on average, earnings per share has increased by 4% per year whereas the company’s share price has increased by 1% per year. Board Change • Nov 27
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. 4 non-independent directors. Independent Director Yuanfu He was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Nov 16
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. 4 non-independent directors. Independent Director Yuanfu He was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Oct 29
Third quarter 2022 earnings released: EPS: CN¥0.039 (vs CN¥0.077 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.039 (down from CN¥0.077 in 3Q 2021). Revenue: CN¥81.7m (down 24% from 3Q 2021). Net income: CN¥3.86m (down 48% from 3Q 2021). Profit margin: 4.7% (down from 7.0% in 3Q 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 2% per year and the company’s share price has also fallen by 2% per year. Reported Earnings • Aug 24
Second quarter 2022 earnings released: EPS: CN¥0.019 (vs CN¥0.028 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.019 (down from CN¥0.028 in 2Q 2021). Revenue: CN¥53.7m (down 29% from 2Q 2021). Net income: CN¥1.77m (down 36% from 2Q 2021). Profit margin: 3.3% (down from 3.7% in 2Q 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 6% per year whereas the company’s share price has fallen by 3% per year. Board Change • Apr 27
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 5 experienced directors. 1 highly experienced director. 2 independent directors (5 non-independent directors). Chairman & General Manager Rongdi Weng was the last 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. Insufficient board refreshment. Reported Earnings • Nov 01
Third quarter 2021 earnings released: EPS CN¥0.077 (vs CN¥0.054 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: CN¥107.0m (up 26% from 3Q 2020). Net income: CN¥7.44m (up 41% from 3Q 2020). Profit margin: 7.0% (up from 6.2% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings. Reported Earnings • Aug 24
Second quarter 2021 earnings released: EPS CN¥0.028 (vs CN¥0.043 in 2Q 2020) The company reported a soft second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2021 results: Revenue: CN¥75.2m (up 23% from 2Q 2020). Net income: CN¥2.75m (down 35% from 2Q 2020). Profit margin: 3.7% (down from 6.9% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings. Reported Earnings • Apr 28
Full year 2020 earnings released: EPS CN¥0.18 (vs CN¥0.16 in FY 2019) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: CN¥346.5m (up 4.7% from FY 2019). Net income: CN¥17.8m (up 12% from FY 2019). Profit margin: 5.1% (up from 4.8% in FY 2019). Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings. Is New 90 Day High Low • Jan 06
New 90-day low: CN¥13.28 The company is down 15% from its price of CN¥15.71 on 30 September 2020. The Chinese market is up 11% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Luxury industry, which is down 3.0% over the same period. Is New 90 Day High Low • Dec 12
New 90-day low: CN¥15.16 The company is down 12% from its price of CN¥17.14 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 Luxury industry, which is flat over the same period. Reported Earnings • Nov 01
Third quarter earnings released Over the last 12 months the company has reported total profits of CN¥13.3m, down 45% from the prior year. Total revenue was CN¥302.2m over the last 12 months, down 23% from the prior year. Is New 90 Day High Low • Oct 30
New 90-day low: CN¥15.22 The company is down 18% from its price of CN¥18.52 on 31 July 2020. The Chinese market is down 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Luxury industry, which is down 1.0% over the same period. Announcement • Oct 28
Sichuan Langsha Holding Ltd. to Report Q3, 2020 Results on Oct 31, 2020 Sichuan Langsha Holding Ltd. announced that they will report Q3, 2020 results on Oct 31, 2020 Announcement • Jul 09
Sichuan Langsha Holding Ltd. to Report First Half, 2020 Results on Aug 25, 2020 Sichuan Langsha Holding Ltd. announced that they will report first half, 2020 results on Aug 25, 2020 
