Valuation Update With 7 Day Price Move • May 21
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to CN¥39.26, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 18x in the Consumer Durables industry in China. Total loss to shareholders of 55% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥41.99 per share. Major Estimate Revision • May 08
Consensus EPS estimates fall by 11% The consensus outlook for earnings per share (EPS) in fiscal year 2026 has deteriorated. 2026 revenue forecast decreased from CN¥17.7b to CN¥17.2b. EPS estimate also fell from CN¥3.82 per share to CN¥3.41 per share. Net income forecast to grow 16% next year vs 25% growth forecast for Consumer Durables industry in China. Consensus price target of CN¥56.05 unchanged from last update. Share price was steady at CN¥47.15 over the past week. Reported Earnings • Apr 25
Full year 2025 earnings: EPS and revenues miss analyst expectations Full year 2025 results: EPS: CN¥3.30 (down from CN¥4.29 in FY 2024). Revenue: CN¥17.2b (down 8.9% from FY 2024). Net income: CN¥2.00b (down 23% from FY 2024). Profit margin: 12% (down from 14% in FY 2024). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 7.0%. Earnings per share (EPS) also missed analyst estimates by 22%. Revenue is forecast to grow 7.5% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Consumer Durables industry in China. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has fallen by 26% per year, which means it is performing significantly worse than earnings. Announcement • Apr 25
Oppein Home Group Inc., Annual General Meeting, May 18, 2026 Oppein Home Group Inc., Annual General Meeting, May 18, 2026, at 10:30 China Standard Time. Location: 3F, No. 366, Guanghua 3rd Road, Baiyun District, Guangzhou, Guangdong China Announcement • Mar 30
Oppein Home Group Inc. to Report Q1, 2026 Results on Apr 30, 2026 Oppein Home Group Inc. announced that they will report Q1, 2026 results on Apr 30, 2026 Announcement • Dec 26
Oppein Home Group Inc. to Report Fiscal Year 2025 Results on Apr 25, 2026 Oppein Home Group Inc. announced that they will report fiscal year 2025 results on Apr 25, 2026 Reported Earnings • Oct 31
Third quarter 2025 earnings: EPS and revenues miss analyst expectations Third quarter 2025 results: EPS: CN¥1.34 (down from CN¥1.71 in 3Q 2024). Revenue: CN¥4.97b (down 6.1% from 3Q 2024). Net income: CN¥814.3m (down 22% from 3Q 2024). Profit margin: 16% (down from 20% in 3Q 2024). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 5.1%. Earnings per share (EPS) also missed analyst estimates by 11%. Revenue is forecast to grow 6.3% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Consumer Durables industry in China. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has fallen by 16% per year, which means it is performing significantly worse than earnings. Announcement • Sep 30
Oppein Home Group Inc. to Report Q3, 2025 Results on Oct 31, 2025 Oppein Home Group Inc. announced that they will report Q3, 2025 results on Oct 31, 2025 Reported Earnings • Sep 01
Second quarter 2025 earnings: EPS and revenues miss analyst expectations Second quarter 2025 results: EPS: CN¥1.15 (down from CN¥1.25 in 2Q 2024). Revenue: CN¥4.79b (down 3.4% from 2Q 2024). Net income: CN¥710.3m (down 8.0% from 2Q 2024). Profit margin: 15% (in line with 2Q 2024). Revenue missed analyst estimates by 9.9%. Earnings per share (EPS) also missed analyst estimates by 13%. Revenue is forecast to grow 6.4% p.a. on average during the next 3 years, compared to a 9.8% growth forecast for the Consumer Durables industry in China. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has fallen by 23% per year, which means it is significantly lagging earnings. Buy Or Sell Opportunity • Jul 29
Now 22% undervalued after recent price drop Over the last 90 days, the stock has fallen 18% to CN¥53.98. The fair value is estimated to be CN¥68.93, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 4.1% over the last 3 years, while earnings per share has been flat. Revenue is forecast to grow by 12% in 2 years. Earnings are forecast to grow by 12% in the next 2 years. Announcement • Jun 30
Oppein Home Group Inc. to Report First Half, 2025 Results on Aug 30, 2025 Oppein Home Group Inc. announced that they will report first half, 2025 results on Aug 30, 2025 Buy Or Sell Opportunity • Jun 19
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 16% to CN¥54.54. The fair value is estimated to be CN¥68.54, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 4.1% over the last 3 years, while earnings per share has been flat. Revenue is forecast to grow by 13% in 2 years. Earnings are forecast to grow by 13% in the next 2 years. Board Change • Apr 29
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 Xinquan Li was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Apr 26
Oppein Home Group Inc., Annual General Meeting, May 28, 2025 Oppein Home Group Inc., Annual General Meeting, May 28, 2025, at 14:30 China Standard Time. Location: The Company Headquarters' Meeting Room, Guangzhou, Guangdong China Announcement • Mar 28
Oppein Home Group Inc. to Report Q1, 2025 Results on Apr 30, 2025 Oppein Home Group Inc. announced that they will report Q1, 2025 results on Apr 30, 2025 Announcement • Dec 27
Oppein Home Group Inc. to Report Fiscal Year 2024 Results on Apr 26, 2025 Oppein Home Group Inc. announced that they will report fiscal year 2024 results on Apr 26, 2025 Buy Or Sell Opportunity • Dec 12
Now 23% overvalued after recent price rise Over the last 90 days, the stock has risen 92% to CN¥78.25. The fair value is estimated to be CN¥63.64, 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 4.1%. Revenue is forecast to grow by 9.1% in 2 years. Earnings are forecast to grow by 9.7% in the next 2 years. Buy Or Sell Opportunity • Nov 06
Now 22% overvalued after recent price rise Over the last 90 days, the stock has risen 47% to CN¥72.45. The fair value is estimated to be CN¥59.53, 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 4.1%. Revenue is forecast to grow by 11% in 2 years. Earnings are forecast to grow by 10% in the next 2 years. Price Target Changed • Oct 31
Price target increased by 8.5% to CN¥62.19 Up from CN¥57.30, the current price target is an average from 13 analysts. New target price is 11% below last closing price of CN¥70.20. Stock is down 17% over the past year. The company is forecast to post earnings per share of CN¥4.43 for next year compared to CN¥4.98 last year. Reported Earnings • Oct 29
Third quarter 2024 earnings: EPS and revenues miss analyst expectations Third quarter 2024 results: EPS: CN¥1.71 (down from CN¥1.93 in 3Q 2023). Revenue: CN¥5.30b (down 21% from 3Q 2023). Net income: CN¥1.04b (down 12% from 3Q 2023). Profit margin: 20% (up from 18% in 3Q 2023). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 10%. Earnings per share (EPS) also missed analyst estimates by 1.7%. Revenue is forecast to grow 8.6% p.a. on average during the next 3 years, compared to a 8.1% growth forecast for the Consumer Durables 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 18% per year, which means it is significantly lagging earnings. Major Estimate Revision • Oct 29
Consensus revenue estimates decrease by 11%, EPS upgraded The consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast fell from CN¥21.7b to CN¥19.3b. EPS estimate increased from CN¥4.56 to CN¥4.61 per share. Net income forecast to shrink 2.7% next year vs 20% growth forecast for Consumer Durables industry in China . Consensus price target down from CN¥57.30 to CN¥54.61. Share price rose 12% to CN¥69.19 over the past week. Valuation Update With 7 Day Price Move • Oct 25
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to CN¥67.80, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 16x in the Consumer Durables industry in China. Total loss to shareholders of 42% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥75.48 per share. Buy Or Sell Opportunity • Oct 09
Now 27% undervalued Over the last 90 days, the stock has risen 14% to CN¥54.90. The fair value is estimated to be CN¥74.96, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.4% over the last 3 years. Earnings per share has grown by 5.0%. Revenue is forecast to grow by 10% in 2 years. Earnings are forecast to grow by 7.6% in the next 2 years. Announcement • Sep 30
Oppein Home Group Inc. to Report Q3, 2024 Results on Oct 29, 2024 Oppein Home Group Inc. announced that they will report Q3, 2024 results on Oct 29, 2024 Valuation Update With 7 Day Price Move • Sep 23
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to CN¥46.83, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 13x in the Consumer Durables industry in China. Total loss to shareholders of 62% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥70.91 per share. Major Estimate Revision • Sep 10
Consensus EPS estimates fall by 10% The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from CN¥23.5b to CN¥21.7b. EPS estimate also fell from CN¥5.07 per share to CN¥4.55 per share. Net income forecast to grow 0.1% next year vs 20% growth forecast for Consumer Durables industry in China. Consensus price target down from CN¥71.32 to CN¥57.33. Share price fell 6.4% to CN¥41.38 over the past week. Reported Earnings • Sep 01
Second quarter 2024 earnings: EPS and revenues miss analyst expectations Second quarter 2024 results: EPS: CN¥1.25 (down from CN¥1.68 in 2Q 2023). Revenue: CN¥4.96b (down 21% from 2Q 2023). Net income: CN¥771.7m (down 21% from 2Q 2023). Profit margin: 16% (in line with 2Q 2023). Revenue missed analyst estimates by 19%. Earnings per share (EPS) also missed analyst estimates by 17%. Revenue is forecast to grow 9.1% p.a. on average during the next 3 years, compared to a 8.6% growth forecast for the Consumer Durables industry in China. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 34% per year, which means it is significantly lagging earnings. Price Target Changed • Aug 28
Price target decreased by 9.4% to CN¥73.60 Down from CN¥81.22, the current price target is an average from 12 analysts. New target price is 77% above last closing price of CN¥41.60. Stock is down 59% over the past year. The company is forecast to post earnings per share of CN¥5.15 for next year compared to CN¥4.98 last year. Announcement • Jun 28
Oppein Home Group Inc. to Report First Half, 2024 Results on Aug 31, 2024 Oppein Home Group Inc. announced that they will report first half, 2024 results on Aug 31, 2024 Buy Or Sell Opportunity • Apr 30
Now 21% undervalued Over the last 90 days, the stock has risen 1.9% to CN¥62.41. The fair value is estimated to be CN¥79.06, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Earnings per share has grown by 6.7%. For the next 3 years, revenue is forecast to grow by 7.8% per annum. Earnings are also forecast to grow by 8.1% per annum over the same time period. Price Target Changed • Apr 27
Price target decreased by 7.0% to CN¥91.22 Down from CN¥98.13, the current price target is an average from 15 analysts. New target price is 48% above last closing price of CN¥61.53. Stock is down 47% over the past year. The company is forecast to post earnings per share of CN¥5.31 for next year compared to CN¥4.98 last year. Announcement • Apr 26
Oppein Home Group Inc., Annual General Meeting, May 15, 2024 Oppein Home Group Inc., Annual General Meeting, May 15, 2024, at 15:00 China Standard Time. Location: The Company Headquarters' Meeting Room, Guangzhou, Guangdong China Reported Earnings • Apr 25
Full year 2023 earnings: EPS and revenues miss analyst expectations Full year 2023 results: EPS: CN¥4.98 (up from CN¥4.41 in FY 2022). Revenue: CN¥22.8b (up 1.3% from FY 2022). Net income: CN¥3.04b (up 13% from FY 2022). Profit margin: 13% (up from 12% in FY 2022). Revenue missed analyst estimates by 2.6%. Earnings per share (EPS) also missed analyst estimates by 2.7%. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 9.7% growth forecast for the Consumer Durables industry in China. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has fallen by 27% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Apr 11
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to CN¥57.49, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 14x in the Consumer Durables industry in China. Total loss to shareholders of 61% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥77.81 per share. Announcement • Mar 29
Oppein Home Group Inc. to Report Q1, 2024 Results on Apr 30, 2024 Oppein Home Group Inc. announced that they will report Q1, 2024 results on Apr 30, 2024 Buy Or Sell Opportunity • Mar 27
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 10.0% to CN¥62.15. The fair value is estimated to be CN¥77.90, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 15% over the last 3 years. Earnings per share has grown by 8.3%. Revenue is forecast to grow by 25% in 2 years. Earnings are forecast to grow by 26% in the next 2 years. Price Target Changed • Feb 02
Price target decreased by 7.2% to CN¥104 Down from CN¥112, the current price target is an average from 15 analysts. New target price is 74% above last closing price of CN¥59.77. Stock is down 52% over the past year. The company is forecast to post earnings per share of CN¥5.04 for next year compared to CN¥4.41 last year. Announcement • Dec 29
Oppein Home Group Inc. to Report Fiscal Year 2023 Results on Apr 25, 2024 Oppein Home Group Inc. announced that they will report fiscal year 2023 results on Apr 25, 2024 Reported Earnings • Oct 29
Third quarter 2023 earnings: EPS exceeds analyst expectations while revenues lag behind Third quarter 2023 results: EPS: CN¥1.93 (up from CN¥1.60 in 3Q 2022). Revenue: CN¥6.72b (up 2.2% from 3Q 2022). Net income: CN¥1.18b (up 21% from 3Q 2022). Profit margin: 18% (up from 15% in 3Q 2022). The increase in margin was primarily driven by higher revenue. Revenue missed analyst estimates by 5.7%. Earnings per share (EPS) exceeded analyst estimates by 9.9%. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 9.9% growth forecast for the Consumer Durables industry in China. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings. Price Target Changed • Sep 11
Price target decreased by 7.2% to CN¥127 Down from CN¥137, the current price target is an average from 16 analysts. New target price is 28% above last closing price of CN¥99.33. Stock is down 26% over the past year. The company is forecast to post earnings per share of CN¥5.00 for next year compared to CN¥4.41 last year. Reported Earnings • Aug 31
Second quarter 2023 earnings: EPS exceeds analyst expectations Second quarter 2023 results: EPS: CN¥1.68 (up from CN¥1.24 in 2Q 2022). Revenue: CN¥6.27b (up 13% from 2Q 2022). Net income: CN¥980.1m (up 28% from 2Q 2022). Profit margin: 16% (up from 14% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 8.1%. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Consumer Durables industry in China. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Announcement • Jun 28
Oppein Home Group Inc. to Report First Half, 2023 Results on Aug 30, 2023 Oppein Home Group Inc. announced that they will report first half, 2023 results on Aug 30, 2023 Reported Earnings • Apr 27
Full year 2022 earnings: EPS and revenues miss analyst expectations Full year 2022 results: EPS: CN¥4.41 (up from CN¥4.40 in FY 2021). Revenue: CN¥22.5b (up 10.0% from FY 2021). Net income: CN¥2.69b (flat on FY 2021). Profit margin: 12% (down from 13% in FY 2021). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 2.0%. Earnings per share (EPS) also missed analyst estimates by 2.8%. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Consumer Durables industry in China. Over the last 3 years on average, earnings per share has increased by 15% per year and the company’s share price has also increased by 15% per year. Price Target Changed • Jan 18
Price target increased to CN¥135 Up from CN¥124, the current price target is an average from 14 analysts. New target price is approximately in line with last closing price of CN¥135. Stock is down 6.1% over the past year. The company is forecast to post earnings per share of CN¥4.56 for next year compared to CN¥4.40 last year. Board Change • Nov 16
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 9 experienced directors. No highly experienced directors. Supervisor Hang Xie 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: Insufficient board refreshment. Price Target Changed • Nov 03
Price target decreased to CN¥130 Down from CN¥145, the current price target is an average from 13 analysts. New target price is 47% above last closing price of CN¥88.42. Stock is down 28% over the past year. The company is forecast to post earnings per share of CN¥4.60 for next year compared to CN¥4.40 last year. Board Change • Nov 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 9 experienced directors. No highly experienced directors. Supervisor Hang Xie 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: Insufficient board refreshment. Announcement • Oct 29
Oppein Home Group Inc. (SHSE:603833) announces an Equity Buyback for CNY 250 million worth of its shares. Oppein Home Group Inc. (SHSE:603833) announces a share repurchase program. Under the program, the company will repurchase up to CNY 250 million worth of share capital. The program will be valid till 12 months. Reported Earnings • Oct 28
Third quarter 2022 earnings: EPS exceeds analyst expectations Third quarter 2022 results: EPS: CN¥1.60 (down from CN¥1.81 in 3Q 2021). Revenue: CN¥6.58b (up 6.0% from 3Q 2021). Net income: CN¥972.2m (down 12% from 3Q 2021). Profit margin: 15% (down from 18% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 2.0%. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Consumer Durables industry in China. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Oct 24
Investor sentiment deteriorated over the past week After last week's 17% share price decline to CN¥93.00, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 13x in the Consumer Durables industry in China. Total returns to shareholders of 14% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥93.91 per share. Board Change • Oct 02
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 9 experienced directors. No highly experienced directors. Supervisor Hang Xie 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: Insufficient board refreshment. Reported Earnings • Aug 13
Second quarter 2022 earnings: EPS in line with analyst expectations despite revenue beat Second quarter 2022 results: EPS: CN¥1.24. Revenue: CN¥5.55b (up 13% from 2Q 2021). Net income: CN¥765.1m (flat on 2Q 2021). Profit margin: 14% (down from 16% in 2Q 2021). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 3.7%. Earnings per share (EPS) were mostly in line with analyst estimates. Over the next year, revenue is forecast to grow 20%, compared to a 14% growth forecast for the industry in China. Valuation Update With 7 Day Price Move • Jun 20
Investor sentiment improved over the past week After last week's 17% share price gain to CN¥136, the stock trades at a forward P/E ratio of 26x. Average forward P/E is 15x in the Consumer Durables industry in China. Total returns to shareholders of 83% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥112 per share. Reported Earnings • Apr 27
Full year 2021 earnings: Revenues exceed analysts expectations while EPS lags behind Full year 2021 results: EPS: CN¥4.40 (up from CN¥3.47 in FY 2020). Revenue: CN¥20.4b (up 39% from FY 2020). Net income: CN¥2.67b (up 29% from FY 2020). Profit margin: 13% (down from 14% in FY 2020). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 1.5%. Earnings per share (EPS) missed analyst estimates by 2.6%. Over the next year, revenue is forecast to grow 19%, compared to a 14% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has increased by 19% 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. 10 experienced directors. No highly experienced directors. 3 independent directors (4 non-independent directors). was the last director to join the board, commencing their role in . 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 09
Investor sentiment improved over the past week After last week's 19% share price gain to CN¥142, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 18x in the Consumer Durables industry in China. Total returns to shareholders of 128% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥104 per share. Reported Earnings • Oct 28
Third quarter 2021 earnings released: EPS CN¥1.81 (vs CN¥1.30 in 3Q 2020) The company reported a solid third quarter result with improved earnings and revenues, although profit margins were weaker. Third quarter 2021 results: Revenue: CN¥6.20b (up 30% from 3Q 2020). Net income: CN¥1.10b (up 15% from 3Q 2020). Profit margin: 18% (down from 20% in 3Q 2020). 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 but the company’s share price has increased by 30% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Aug 12
Second quarter 2021 earnings released: EPS CN¥1.19 (vs CN¥1.04 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¥4.90b (up 39% from 2Q 2020). Net income: CN¥768.7m (up 30% from 2Q 2020). Profit margin: 16% (down from 17% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has increased by 30% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Apr 25
Full year 2020 earnings released: EPS CN¥3.47 (vs CN¥3.13 in FY 2019) The company reported a solid full year result with improved earnings and revenues, although profit margins were flat. Full year 2020 results: Revenue: CN¥14.7b (up 8.9% from FY 2019). Net income: CN¥2.06b (up 12% from FY 2019). Profit margin: 14% (in line with FY 2019). Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has increased by 17% per year, which means it is tracking significantly ahead of earnings growth. Price Target Changed • Apr 09
Price target increased to CN¥167 Up from CN¥156, the current price target is an average from 17 analysts. New target price is approximately in line with last closing price of CN¥170. Stock is up 140% over the past year. Is New 90 Day High Low • Feb 08
New 90-day high: CN¥165 The company is up 23% from its price of CN¥134 on 10 November 2020. The Chinese market is up 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Consumer Durables industry, which is up 4.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥70.95 per share. Price Target Changed • Feb 02
Price target raised to CN¥146 Up from CN¥134, the current price target is an average from 16 analysts. The new target price is 8.3% below the current share price of CN¥159. As of last close, the stock is up 108% over the past year. Is New 90 Day High Low • Jan 21
New 90-day high: CN¥139 The company is up 22% from its price of CN¥114 on 23 October 2020. The Chinese market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Consumer Durables industry, which is up 18% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥64.69 per share. Is New 90 Day High Low • Nov 24
New 90-day high: CN¥138 The company is up 38% from its price of CN¥99.99 on 26 August 2020. The Chinese market is flat over the last 90 days, indicating the company outperformed over that time. It also outperformed the Consumer Durables industry, which is up 17% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥53.28 per share. Price Target Changed • Nov 04
Price target raised to CN¥131 Up from CN¥118, the current price target is an average from 15 analysts. The new target price is close to the current share price of CN¥127. As of last close, the stock is up 56% over the past year. Reported Earnings • Oct 30
Third quarter earnings released Over the last 12 months the company has reported total profits of CN¥1.91b, up 9.2% from the prior year. Total revenue was CN¥13.7b over the last 12 months, up 6.8% from the prior year. Analyst Estimate Surprise Post Earnings • Oct 30
Third-quarter earnings released: Revenue beats expectations, earnings disappoint Third-quarter revenue exceeded analyst estimates by 2.4% at CN¥4.77b. Earnings per share (EPS) missed analyst estimates by 29% at CN¥1.30. Revenue is forecast to grow 22% over the next year, compared to a 16% growth forecast for the Consumer Durables industry in China. Announcement • Oct 29
Oppein Home Group Inc. to Report Q3, 2020 Results on Oct 30, 2020 Oppein Home Group Inc. announced that they will report Q3, 2020 results on Oct 30, 2020 Is New 90 Day High Low • Oct 29
New 90-day high: CN¥122 The company is up 36% from its price of CN¥89.59 on 31 July 2020. The Chinese market is down 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Consumer Durables industry, which is up 6.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥56.09 per share. Is New 90 Day High Low • Oct 13
New 90-day high: CN¥117 The company is up 29% from its price of CN¥90.36 on 15 July 2020. The Chinese market is down 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Consumer Durables industry, which is up 7.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥54.79 per share.