Announcement • Jun 30
AUCMA Co.,Ltd. to Report First Half, 2026 Results on Aug 22, 2026 AUCMA Co.,Ltd. announced that they will report first half, 2026 results on Aug 22, 2026 Announcement • Apr 29
AUCMA Co.,Ltd., Annual General Meeting, May 20, 2026 AUCMA Co.,Ltd., Annual General Meeting, May 20, 2026, at 14:00 China Standard Time. Location: 22F, No. 2, Taihangshan Road, West Coast New Area, Qingdao, Shandong China Reported Earnings • Apr 23
Full year 2025 earnings released: CN¥0.27 loss per share (vs CN¥0.06 loss in FY 2024) Full year 2025 results: CN¥0.27 loss per share (further deteriorated from CN¥0.06 loss in FY 2024). Revenue: CN¥6.81b (down 13% from FY 2024). Net loss: CN¥213.5m (loss widened 340% from FY 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 124 percentage points per year, which is a significant difference in performance. Announcement • Mar 30
AUCMA Co.,Ltd. to Report Q1, 2026 Results on Apr 29, 2026 AUCMA Co.,Ltd. announced that they will report Q1, 2026 results on Apr 29, 2026 Announcement • Dec 26
AUCMA Co.,Ltd. to Report Fiscal Year 2025 Results on Apr 23, 2026 AUCMA Co.,Ltd. announced that they will report fiscal year 2025 results on Apr 23, 2026 Reported Earnings • Oct 29
Third quarter 2025 earnings released: CN¥0.06 loss per share (vs CN¥0.057 loss in 3Q 2024) Third quarter 2025 results: CN¥0.06 loss per share. Revenue: CN¥1.61b (down 8.3% from 3Q 2024). Net loss: CN¥46.9m (flat on 3Q 2024). Announcement • Sep 30
AUCMA Co.,Ltd. to Report Q3, 2025 Results on Oct 29, 2025 AUCMA Co.,Ltd. announced that they will report Q3, 2025 results on Oct 29, 2025 Reported Earnings • Aug 25
Second quarter 2025 earnings released: CN¥0.004 loss per share (vs CN¥0.023 profit in 2Q 2024) Second quarter 2025 results: CN¥0.004 loss per share (down from CN¥0.023 profit in 2Q 2024). Revenue: CN¥1.85b (down 10% from 2Q 2024). Net loss: CN¥3.50m (down 119% from profit in 2Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 104 percentage points per year, which is a significant difference in performance. Announcement • Jun 30
AUCMA Co.,Ltd. to Report First Half, 2025 Results on Aug 23, 2025 AUCMA Co.,Ltd. announced that they will report first half, 2025 results on Aug 23, 2025 Reported Earnings • May 02
First quarter 2025 earnings released: EPS: CN¥0.052 (vs CN¥0.04 in 1Q 2024) First quarter 2025 results: EPS: CN¥0.052 (up from CN¥0.04 in 1Q 2024). Revenue: CN¥2.21b (down 14% from 1Q 2024). Net income: CN¥41.4m (up 29% from 1Q 2024). Profit margin: 1.9% (up from 1.2% in 1Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 84 percentage points per year, which is a significant difference in performance. Announcement • Apr 30
AUCMA Co.,Ltd., Annual General Meeting, May 23, 2025 AUCMA Co.,Ltd., Annual General Meeting, May 23, 2025, at 14:00 China Standard Time. Location: The Company's Meeting Room, Qingdao, Shandong China Announcement • Mar 28
AUCMA Co.,Ltd. to Report Q1, 2025 Results on Apr 26, 2025 AUCMA Co.,Ltd. announced that they will report Q1, 2025 results on Apr 26, 2025 Announcement • Dec 27
AUCMA Co.,Ltd. to Report Fiscal Year 2024 Results on Apr 26, 2025 AUCMA Co.,Ltd. announced that they will report fiscal year 2024 results on Apr 26, 2025 Reported Earnings • Oct 30
Third quarter 2024 earnings released: CN¥0.057 loss per share (vs CN¥0.042 profit in 3Q 2023) Third quarter 2024 results: CN¥0.057 loss per share (down from CN¥0.042 profit in 3Q 2023). Revenue: CN¥1.76b (down 17% from 3Q 2023). Net loss: CN¥47.2m (down 242% from profit in 3Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 77 percentage points per year, which is a significant difference in performance. Announcement • Sep 30
AUCMA Co.,Ltd. to Report Q3, 2024 Results on Oct 30, 2024 AUCMA Co.,Ltd. announced that they will report Q3, 2024 results on Oct 30, 2024 New Risk • Sep 25
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 8.5% 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 Risks Share price has been highly volatile over the past 3 months (8.5% average weekly change). Earnings have declined by 15% per year over the past 5 years. Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.4% net profit margin). Reported Earnings • Aug 28
Second quarter 2024 earnings released: EPS: CN¥0.023 (vs CN¥0.056 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.023 (down from CN¥0.056 in 2Q 2023). Revenue: CN¥2.06b (down 21% from 2Q 2023). Net income: CN¥18.1m (down 60% from 2Q 2023). Profit margin: 0.9% (down from 1.7% in 2Q 2023). Over the last 3 years on average, earnings per share has fallen by 59% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings. New Risk • Aug 15
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 7.1% 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 7.5% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (7.1% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.6% net profit margin). Valuation Update With 7 Day Price Move • Jul 30
Investor sentiment improves as stock rises 24% After last week's 24% share price gain to CN¥4.98, the stock trades at a trailing P/E ratio of 68.9x. Average trailing P/E is 18x in the Consumer Durables industry in China. Total loss to shareholders of 15% over the past three years. Announcement • Jun 28
AUCMA Co.,Ltd. to Report First Half, 2024 Results on Aug 28, 2024 AUCMA Co.,Ltd. announced that they will report first half, 2024 results on Aug 28, 2024 Announcement • Apr 29
AUCMA Co.,Ltd., Annual General Meeting, May 17, 2024 AUCMA Co.,Ltd., Annual General Meeting, May 17, 2024, at 09:30 China Standard Time. Location: The Company's Meeting Room, Qingdao, Shandong China Reported Earnings • Apr 28
First quarter 2024 earnings released: EPS: CN¥0.04 (vs CN¥0.038 in 1Q 2023) First quarter 2024 results: EPS: CN¥0.04 (up from CN¥0.038 in 1Q 2023). Revenue: CN¥2.56b (up 3.0% from 1Q 2023). Net income: CN¥32.0m (up 5.4% from 1Q 2023). Profit margin: 1.2% (in line with 1Q 2023). Over the last 3 years on average, earnings per share has fallen by 53% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings. Announcement • Mar 29
AUCMA Co.,Ltd. to Report Q1, 2024 Results on Apr 27, 2024 AUCMA Co.,Ltd. announced that they will report Q1, 2024 results on Apr 27, 2024 New Risk • Feb 05
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 6.8% 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 (6.8% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.1% net profit margin). Valuation Update With 7 Day Price Move • Feb 02
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to CN¥4.30, the stock trades at a trailing P/E ratio of 33.4x. Average trailing P/E is 20x in the Consumer Durables industry in China. Total loss to shareholders of 34% over the past three years. Announcement • Dec 29
AUCMA Co.,Ltd. to Report Fiscal Year 2023 Results on Apr 27, 2024 AUCMA Co.,Ltd. announced that they will report fiscal year 2023 results on Apr 27, 2024 New Risk • Aug 29
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 79% 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 Paying a dividend despite having no free cash flows. Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.1% net profit margin). Reported Earnings • Aug 24
Second quarter 2023 earnings released: EPS: CN¥0.056 (vs CN¥0.093 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.056 (down from CN¥0.093 in 2Q 2022). Revenue: CN¥2.61b (down 7.1% from 2Q 2022). Net income: CN¥44.8m (down 40% from 2Q 2022). Profit margin: 1.7% (down from 2.6% in 2Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings. Announcement • Jun 28
AUCMA Co.,Ltd. to Report First Half, 2023 Results on Aug 24, 2023 AUCMA Co.,Ltd. announced that they will report first half, 2023 results on Aug 24, 2023 Reported Earnings • May 03
First quarter 2023 earnings released: EPS: CN¥0.038 (vs CN¥0.047 in 1Q 2022) First quarter 2023 results: EPS: CN¥0.038 (down from CN¥0.047 in 1Q 2022). Revenue: CN¥2.48b (up 12% from 1Q 2022). Net income: CN¥30.3m (down 20% from 1Q 2022). Profit margin: 1.2% (down from 1.7% in 1Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings. Board Change • Nov 16
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, 3 were independent directors. The company's board is composed of: 3 independent directors. 5 non-independent directors. Independent Director Qingchun Meng was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Reported Earnings • Oct 26
Third quarter 2022 earnings released: EPS: CN¥0.05 (vs CN¥0.047 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.05 (up from CN¥0.047 in 3Q 2021). Revenue: CN¥2.23b (up 1.0% from 3Q 2021). Net income: CN¥39.8m (up 6.5% from 3Q 2021). Profit margin: 1.8% (in line with 3Q 2021). Over the last 3 years on average, earnings per share has increased by 8% per year whereas the company’s share price has increased by 7% per year. Reported Earnings • Aug 20
Second quarter 2022 earnings released: EPS: CN¥0.093 (vs CN¥0.10 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.093 (down from CN¥0.10 in 2Q 2021). Revenue: CN¥2.81b (up 9.8% from 2Q 2021). Net income: CN¥74.4m (down 11% from 2Q 2021). Profit margin: 2.6% (down from 3.3% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 19% per year whereas the company’s share price has increased by 16% per year. Reported Earnings • Apr 27
Full year 2021 earnings: Revenues exceed analysts expectations while EPS lags behind Full year 2021 results: EPS: CN¥0.23 (down from CN¥0.40 in FY 2020). Revenue: CN¥8.63b (up 22% from FY 2020). Net income: CN¥180.3m (down 42% from FY 2020). Profit margin: 2.1% (down from 4.4% in FY 2020). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 9.6%. Earnings per share (EPS) missed analyst estimates by 33%. Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth. Board Change • Apr 27
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. 11 experienced directors. 1 highly experienced director. 3 independent directors (5 non-independent directors). Chairman of the Board Wei Li was the last director to join the board, commencing their role in 2006. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Valuation Update With 7 Day Price Move • Dec 10
Investor sentiment deteriorated over the past week After last week's 17% share price decline to CN¥8.08, the stock trades at a trailing P/E ratio of 18.6x. Average trailing P/E is 29x in the Consumer Durables industry in China. Total returns to shareholders of 135% over the past three years. Reported Earnings • Oct 26
Third quarter 2021 earnings released: EPS CN¥0.047 (vs CN¥0.017 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: CN¥2.21b (up 24% from 3Q 2020). Net income: CN¥37.3m (up 184% from 3Q 2020). Profit margin: 1.7% (up from 0.7% in 3Q 2020). Over the last 3 years on average, earnings per share has increased by 58% per year but the company’s share price has only increased by 33% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Oct 11
Investor sentiment improved over the past week After last week's 18% share price gain to CN¥7.06, the stock trades at a trailing P/E ratio of 17.5x. Average trailing P/E is 28x in the Consumer Durables industry in China. Total returns to shareholders of 138% over the past three years. Announcement • Sep 09
An undisclosed buyer completed the acquisition of an additional 13.01% stake in Aucma Co.,Ltd. (SHSE:600336) from Qingdao Enterprise Development Investment Co., Ltd. An undisclosed buyer signed a share transfer agreement to acquire an additional 13.01% stake in Aucma Co.,Ltd. (SHSE:600336) from Qingdao Enterprise Development Investment Co., Ltd. for approximately CNY 680 million on June 18, 2021. Pursuant to the terms of the transaction, Qingdao Enterprise Development Investment Co., Ltd., will transfer around 103.9 million shares at CNY 6.52 per share. As a result of the transaction, stake of the undisclosed investor will increase to 23.03% and will hold around 183.8 million shares in Aucma Co.,Ltd. On July 13, 2021, Aucma Co.,Ltd. received the "Approval on the Equity Transfer of Aucma Co., Ltd." issued by the State-owned Assets Supervision and Administration Commission of Qingdao Municipal People’s Government (hereinafter referred to as "Qingdao SASAC") from Qingdao Enterprise Development Investment.
An undisclosed buyer completed the acquisition of an additional 13.01% stake in Aucma Co.,Ltd. (SHSE:600336) from Qingdao Enterprise Development Investment Co., Ltd. on September 8, 2021. Reported Earnings • Aug 31
Second quarter 2021 earnings released: EPS CN¥0.10 (vs CN¥0.083 in 2Q 2020) The company reported a solid second quarter result with improved earnings and revenues, although profit margins were weaker. Second quarter 2021 results: Revenue: CN¥2.56b (up 21% from 2Q 2020). Net income: CN¥83.7m (up 11% from 2Q 2020). Profit margin: 3.3% (down from 3.6% in 2Q 2020). Over the last 3 years on average, earnings per share has increased by 63% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth. Announcement • Aug 28
Aucma Co.,Ltd. (SHSE:600336) completed the acquisition of 56% stake in Qingdao Auhai biotech co., LTD. for CNY 10.7 million. Aucma Co.,Ltd. (SHSE:600336) agreed to acquire 56% stake in Qingdao Auhai biotech co., LTD. for CNY 10.6 million on June 11, 2021. The board of Aucma Co.,Ltd. approved the deal.
Aucma Co.,Ltd. (SHSE:600336) completed the acquisition of 56% stake in Qingdao Auhai biotech co., LTD. on August 26, 2021. Reported Earnings • May 05
First quarter 2021 earnings released: EPS CN¥0.032 (vs CN¥0.03 in 1Q 2020) The company reported a solid first quarter result with improved earnings and revenues, although profit margins were weaker. First quarter 2021 results: Revenue: CN¥1.83b (up 42% from 1Q 2020). Net income: CN¥25.2m (up 22% from 1Q 2020). Profit margin: 1.4% (down from 1.6% in 1Q 2020). Over the last 3 years on average, earnings per share has increased by 68% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth. Reported Earnings • Mar 29
Full year 2020 earnings released: EPS CN¥0.40 (vs CN¥0.24 in FY 2019) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: CN¥7.06b (up 9.7% from FY 2019). Net income: CN¥310.2m (up 61% from FY 2019). Profit margin: 4.4% (up from 3.0% in FY 2019). Over the last 3 years on average, earnings per share has increased by 70% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth. Announcement • Mar 05
Aucma Co.,Ltd. to Report Fiscal Year 2020 Results on Mar 27, 2021 Aucma Co.,Ltd. announced that they will report fiscal year 2020 results on Mar 27, 2021 Is New 90 Day High Low • Jan 25
New 90-day low: CN¥7.09 The company is down 7.0% from its price of CN¥7.59 on 27 October 2020. The Chinese market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Consumer Durables industry, which is up 23% over the same period. Announcement • Jan 12
Qingdao Aucma Holding Group Co., Ltd. completed the acquisition of 10% stake in Aucma Co.,Ltd. (SHSE:600336) from Qingdao Enterprise Development Investment Co., Ltd. Qingdao Aucma Holding Group Co., Ltd. signed a share transfer agreement to acquire 10% stake in Aucma Co.,Ltd. (SHSE:600336) from Qingdao Enterprise Development Investment Co., Ltd. for approximately CNY 610 million on November 3, 2020. As per terms, Qingdao Aucma Holding Group Co., Ltd. will acquire approximately 79.9 million shares at CNY 7.61 per share. The consideration will be paid in full in one lump sum within 10 working days after the effective date of the agreement. Upon completion, Qingdao Enterprise Development Investment Co., Ltd. will reduce its stake in Aucma Co.,Ltd. from 38.59% to 28.59%. As of December 11, 2020, State-owned Assets Supervision and Administration Commission of Qingdao Municipal Peoples Government in principle approved the deal. China Securities Co., Ltd. acted as an independent financial advisor to Aucma Co.,Ltd. for the transaction.
Qingdao Aucma Holding Group Co., Ltd. completed the acquisition of 10% stake in Aucma Co.,Ltd. (SHSE:600336) from Qingdao Enterprise Development Investment Co., Ltd. on January 11, 2021. Valuation Update With 7 Day Price Move • Jan 08
Investor sentiment deteriorated over the past week After last week's 16% share price decline to CN¥8.37, the stock is trading at a trailing P/E ratio of 31.3x, down from the previous P/E ratio of 37.2x. This compares to an average P/E of 31x in the Consumer Durables industry in China. Total returns to shareholders over the past three years are 73%. Valuation Update With 7 Day Price Move • Dec 23
Investor sentiment improved over the past week After last week's 16% share price gain to CN¥10.41, the stock is trading at a trailing P/E ratio of 38.9x, up from the previous P/E ratio of 33.6x. This compares to an average P/E of 34x in the Consumer Durables industry in China. Total returns to shareholders over the past three years are 115%. Is New 90 Day High Low • Dec 10
New 90-day high: CN¥9.70 The company is up 48% from its price of CN¥6.56 on 11 September 2020. The Chinese market is up 5.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Consumer Durables industry, which is up 15% over the same period. Valuation Update With 7 Day Price Move • Nov 12
Market bids up stock over the past week After last week's 19% share price gain to CN¥8.95, the stock is trading at a trailing P/E ratio of 33.5x, up from the previous P/E ratio of 28.1x. This compares to an average P/E of 34x in the Consumer Durables industry in China. Total returns to shareholders over the past three years are 67%. Is New 90 Day High Low • Nov 12
New 90-day high: CN¥8.95 The company is up 11% from its price of CN¥8.09 on 14 August 2020. The Chinese market is up 1.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Consumer Durables industry, which is up 16% 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¥215.1m, up 98% from the prior year. Total revenue was CN¥6.70b over the last 12 months, up 8.2% from the prior year. Announcement • Oct 29
Aucma Co.,Ltd. to Report Q3, 2020 Results on Oct 31, 2020 Aucma Co.,Ltd. announced that they will report Q3, 2020 results on Oct 31, 2020 Announcement • Jul 09
Aucma Co.,Ltd. to Report First Half, 2020 Results on Aug 22, 2020 Aucma Co.,Ltd. announced that they will report first half, 2020 results on Aug 22, 2020