Announcement • Jun 30
Zhejiang Yingfeng Technology Co., Ltd. to Report First Half, 2026 Results on Aug 26, 2026 Zhejiang Yingfeng Technology Co., Ltd. announced that they will report first half, 2026 results on Aug 26, 2026 New Risk • Jun 01
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 8.4% 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: Major Risk Earnings have declined by 42% per year over the past 5 years. Minor Risks High level of debt (120% net debt to equity). Paying a dividend despite being loss-making. Share price has been volatile over the past 3 months (8.4% average weekly change). Announcement • Apr 28
Zhejiang Yingfeng Technology Co., Ltd., Annual General Meeting, May 20, 2026 Zhejiang Yingfeng Technology Co., Ltd., Annual General Meeting, May 20, 2026, at 14:00 China Standard Time. Location: The Company's Meeting Room, Shaoxing, Zhejiang China Announcement • Mar 30
Zhejiang Yingfeng Technology Co., Ltd. to Report Q1, 2026 Results on Apr 28, 2026 Zhejiang Yingfeng Technology Co., Ltd. announced that they will report Q1, 2026 results on Apr 28, 2026 Announcement • Dec 26
Zhejiang Yingfeng Technology Co., Ltd. to Report Fiscal Year 2025 Results on Apr 28, 2026 Zhejiang Yingfeng Technology Co., Ltd. announced that they will report fiscal year 2025 results on Apr 28, 2026 Reported Earnings • Oct 31
Third quarter 2025 earnings released: CN¥0.048 loss per share (vs CN¥0.004 profit in 3Q 2024) Third quarter 2025 results: CN¥0.048 loss per share (down from CN¥0.004 profit in 3Q 2024). Revenue: CN¥402.8m (up 5.2% from 3Q 2024). Net loss: CN¥22.5m (down CN¥23.6m from profit in 3Q 2024). Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Luxury industry in China. Over the last 3 years on average, earnings per share has increased by 45% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth. New Risk • Oct 14
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 9.3% 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 Risks Interest payments are not well covered by earnings (1.0x net interest cover). Share price has been highly volatile over the past 3 months (9.3% average weekly change). Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Cash payout ratio: 197% Earnings have declined by 31% per year over the past 5 years. Announcement • Sep 30
Zhejiang Yingfeng Technology Co., Ltd. to Report Q3, 2025 Results on Oct 31, 2025 Zhejiang Yingfeng Technology Co., Ltd. announced that they will report Q3, 2025 results on Oct 31, 2025 New Risk • Sep 01
New major risk - Financial position The company's interest payments are not well covered by earnings. Net interest cover: 0.9x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (0.9x net interest cover). Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Cash payout ratio: 200% Earnings have declined by 31% per year over the past 5 years. Announcement • Jun 30
Zhejiang Yingfeng Technology Co., Ltd. to Report First Half, 2025 Results on Aug 27, 2025 Zhejiang Yingfeng Technology Co., Ltd. announced that they will report first half, 2025 results on Aug 27, 2025 New Risk • May 19
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 8.6% 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 29% per year over the past 5 years. Minor Risks High level of debt (73% net debt to equity). Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (8.6% average weekly change). Valuation Update With 7 Day Price Move • May 09
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to CN¥6.35, the stock trades at a trailing P/E ratio of 71.7x. Average forward P/E is 14x in the Luxury industry in China. Total loss to shareholders of 3.0% over the past three years. New Risk • May 06
New minor risk - Dividend sustainability The dividend is not well covered by cash flows. The company is paying a dividend despite having no free cash flows. Dividend yield: 1.1% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 29% per year over the past 5 years. Minor Risks High level of debt (69% net debt to equity). Paying a dividend despite having no free cash flows. Reported Earnings • Apr 30
Full year 2024 earnings released: EPS: CN¥0.10 (vs CN¥0.08 in FY 2023) Full year 2024 results: EPS: CN¥0.10 (up from CN¥0.08 in FY 2023). Revenue: CN¥1.58b (up 2.1% from FY 2023). Net income: CN¥44.2m (up 19% from FY 2023). Profit margin: 2.8% (up from 2.4% in FY 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 1% per year whereas the company’s share price has fallen by 6% per year. Announcement • Apr 30
Zhejiang Yingfeng Technology Co., Ltd., Annual General Meeting, May 20, 2025 Zhejiang Yingfeng Technology Co., Ltd., Annual General Meeting, May 20, 2025, at 14:00 China Standard Time. Location: 8F, Office Building, No. 999, Pinghai Road, Keqiao District, Shaoxing, Zhejiang China Valuation Update With 7 Day Price Move • Apr 09
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to CN¥4.64, the stock trades at a trailing P/E ratio of 51x. Average forward P/E is 13x in the Luxury industry in China. Total loss to shareholders of 31% over the past three years. Announcement • Mar 28
Zhejiang Yingfeng Technology Co., Ltd. to Report Q1, 2025 Results on Apr 30, 2025 Zhejiang Yingfeng Technology Co., Ltd. announced that they will report Q1, 2025 results on Apr 30, 2025 New Risk • Jan 12
New major risk - Financial data availability The company has not reported any financial data. This is considered a major risk. With no or incomplete audited reported financial data, it is virtually impossible to assess the company's investment potential. This is currently the only risk that has been identified for the company. Announcement • Dec 27
Zhejiang Yingfeng Technology Co., Ltd. to Report Fiscal Year 2024 Results on Apr 30, 2025 Zhejiang Yingfeng Technology Co., Ltd. announced that they will report fiscal year 2024 results on Apr 30, 2025 New Risk • Nov 14
New major risk - Financial position The company's interest payments are not well covered by earnings. Net interest cover: 2.3x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.3x net interest cover). Earnings have declined by 37% per year over the past 5 years. Minor Risk Large one-off items impacting financial results. Reported Earnings • Oct 31
Third quarter 2024 earnings released: EPS: CN¥0.004 (vs CN¥0.046 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.004 (down from CN¥0.046 in 3Q 2023). Revenue: CN¥383.0m (down 3.0% from 3Q 2023). Net income: CN¥1.13m (down 93% from 3Q 2023). Profit margin: 0.3% (down from 4.2% in 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 28% 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 • Sep 30
Zhejiang Yingfeng Technology Co., Ltd. to Report Q3, 2024 Results on Oct 22, 2024 Zhejiang Yingfeng Technology Co., Ltd. announced that they will report Q3, 2024 results on Oct 22, 2024 Valuation Update With 7 Day Price Move • Sep 30
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to CN¥4.96, the stock trades at a trailing P/E ratio of 39.4x. Average trailing P/E is 21x in the Luxury industry in China. Total loss to shareholders of 33% over the past three years. Reported Earnings • Aug 28
Second quarter 2024 earnings released: EPS: CN¥0.071 (vs CN¥0.043 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.071 (up from CN¥0.043 in 2Q 2023). Revenue: CN¥434.7m (up 5.3% from 2Q 2023). Net income: CN¥32.1m (up 68% from 2Q 2023). Profit margin: 7.4% (up from 4.6% in 2Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 52% per year but the company’s share price has only fallen by 19% per year, which means it has not declined as severely as earnings. Announcement • Jun 29
Zhejiang Yingfeng Technology Co., Ltd. to Report First Half, 2024 Results on Aug 28, 2024 Zhejiang Yingfeng Technology Co., Ltd. announced that they will report first half, 2024 results on Aug 28, 2024 Announcement • Apr 26
Zhejiang Yingfeng Technology Co., Ltd., Annual General Meeting, May 16, 2024 Zhejiang Yingfeng Technology Co., Ltd., Annual General Meeting, May 16, 2024, at 14:00 China Standard Time. Location: 8F, Office Building, No. 999, Pinghai Road, Keqiao District, Shaoxing, Zhejiang China Reported Earnings • Apr 25
First quarter 2024 earnings released: CN¥0.01 loss per share (vs CN¥0.02 loss in 1Q 2023) First quarter 2024 results: CN¥0.01 loss per share (improved from CN¥0.02 loss in 1Q 2023). Revenue: CN¥318.7m (up 7.0% from 1Q 2023). Net loss: CN¥4.62m (loss narrowed 53% from 1Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 52 percentage points per year, which is a significant difference in performance. New Risk • Apr 17
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 11% 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 54% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (11% average weekly change). Announcement • Mar 29
Zhejiang Yingfeng Technology Co., Ltd. to Report Q1, 2024 Results on Apr 25, 2024 Zhejiang Yingfeng Technology Co., Ltd. announced that they will report Q1, 2024 results on Apr 25, 2024 Announcement • Dec 30
Zhejiang Yingfeng Technology Co., Ltd. to Report Fiscal Year 2023 Results on Apr 25, 2024 Zhejiang Yingfeng Technology Co., Ltd. announced that they will report fiscal year 2023 results on Apr 25, 2024 Reported Earnings • Oct 27
Third quarter 2023 earnings released: EPS: CN¥0.046 (vs CN¥0 in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.046 (up from CN¥0 in 3Q 2022). Revenue: CN¥394.7m (up 12% from 3Q 2022). Net income: CN¥16.5m (up CN¥16.6m from 3Q 2022). Profit margin: 4.2% (up from 0% in 3Q 2022). New Risk • Oct 21
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 6.0% 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 53% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (6.0% average weekly change). Reported Earnings • Aug 24
Second quarter 2023 earnings released: EPS: CN¥0.043 (vs CN¥0.054 loss in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.043 (up from CN¥0.054 loss in 2Q 2022). Revenue: CN¥412.8m (up 17% from 2Q 2022). Net income: CN¥19.1m (up CN¥38.4m from 2Q 2022). Profit margin: 4.6% (up from net loss in 2Q 2022). The move to profitability was driven by higher revenue. Announcement • Jun 28
Zhejiang Yingfeng Technology Co., Ltd. to Report First Half, 2023 Results on Aug 24, 2023 Zhejiang Yingfeng Technology Co., Ltd. announced that they will report first half, 2023 results on Aug 24, 2023 Reported Earnings • Apr 28
First quarter 2023 earnings released: CN¥0.02 loss per share (vs CN¥0.02 profit in 1Q 2022) First quarter 2023 results: CN¥0.02 loss per share (down from CN¥0.02 profit in 1Q 2022). Revenue: CN¥297.9m (down 4.0% from 1Q 2022). Net loss: CN¥9.78m (down 223% from profit in 1Q 2022). Announcement • Dec 23
Zhejiang Yingfeng Technology Co., Ltd. (SHSE:605055) entered into an Equity Acquisition Agreement to acquire Shaoxing Butai Textile Printing and Dyeing Co., Ltd. from Wu Yongliang, Xu Renhong, Wu Xiangyun, Chen Xinxin and Wang Ji. Zhejiang Yingfeng Technology Co., Ltd. (SHSE:605055) entered into an Equity Acquisition Agreement to acquire Shaoxing Butai Textile Printing and Dyeing Co., Ltd. from Wu Yongliang, Xu Renhong, Wu Xiangyun, Chen Xinxin and Wang Ji on December 16, 2022. Board Change • Nov 16
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. 8 experienced directors. No highly experienced directors. 2 independent directors (6 non-independent directors). Independent Director Shunhua Chen was the last independent director to join the board, commencing their role in 2017. 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 • Oct 28
Third quarter 2022 earnings released: EPS: CN¥0 (vs CN¥0.013 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0 (down from CN¥0.013 in 3Q 2021). Revenue: CN¥351.6m (down 6.4% from 3Q 2021). Net loss: CN¥135.7k (down 102% from profit in 3Q 2021). Profit margin: 0% (down from 1.6% in 3Q 2021). Reported Earnings • Aug 26
Second quarter 2022 earnings released: CN¥0.054 loss per share (vs CN¥0.069 profit in 2Q 2021) Second quarter 2022 results: CN¥0.054 loss per share (down from CN¥0.069 profit in 2Q 2021). Revenue: CN¥353.5m (up 18% from 2Q 2021). Net loss: CN¥19.3m (down 161% from profit in 2Q 2021). Reported Earnings • Apr 28
Full year 2021 earnings released: EPS: CN¥0.19 (vs CN¥0.22 in FY 2020) Full year 2021 results: EPS: CN¥0.19. Revenue: CN¥1.26b (up 62% from FY 2020). Net income: CN¥83.2m (up 3.2% from FY 2020). Profit margin: 6.6% (down from 10% in FY 2020). The decrease in margin was driven by higher expenses. Valuation Update With 7 Day Price Move • Jan 25
Investor sentiment improved over the past week After last week's 18% share price gain to CN¥9.32, the stock trades at a trailing P/E ratio of 48x. Average trailing P/E is 23x in the Luxury industry in China. Valuation Update With 7 Day Price Move • Nov 25
Investor sentiment improved over the past week After last week's 17% share price gain to CN¥8.68, the stock trades at a trailing P/E ratio of 44.7x. Average trailing P/E is 22x in the Luxury industry in China. Reported Earnings • Oct 31
Third quarter 2021 earnings released: EPS CN¥0.013 (vs CN¥0.068 in 3Q 2020) The company reported a mediocre third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: CN¥375.7m (up 61% from 3Q 2020). Net income: CN¥5.91m (down 78% from 3Q 2020). Profit margin: 1.6% (down from 11% in 3Q 2020). The decrease in margin was driven by higher expenses. Reported Earnings • Aug 24
Second quarter 2021 earnings released: EPS CN¥0.069 (vs CN¥0.10 in 2Q 2020) The company reported a mediocre second quarter result with weaker profit margins, although earnings were flat and revenues improved. Second quarter 2021 results: Revenue: CN¥298.7m (up 42% from 2Q 2020). Net income: CN¥31.6m (flat on 2Q 2020). Profit margin: 11% (down from 15% in 2Q 2020). The decrease in margin was driven by higher expenses. Valuation Update With 7 Day Price Move • Apr 14
Investor sentiment improved over the past week After last week's 40% share price gain to CN¥17.01, the stock trades at a trailing P/E ratio of 67.6x. Average trailing P/E is 31x in the Luxury industry in China. Valuation Update With 7 Day Price Move • Mar 29
Investor sentiment improved over the past week After last week's 16% share price gain to CN¥10.79, the stock trades at a trailing P/E ratio of 42.9x. Average trailing P/E is 32x in the Luxury industry in China. Valuation Update With 7 Day Price Move • Feb 25
Investor sentiment deteriorated over the past week After last week's 17% share price decline to CN¥7.91, the stock is trading at a trailing P/E ratio of 31.4x, down from the previous P/E ratio of 37.9x. This compares to an average P/E of 28x in the Luxury industry in China. Announcement • Feb 05
Zhejiang Yingfeng Technology Co., Ltd. to Report Fiscal Year 2020 Results on Apr 29, 2021 Zhejiang Yingfeng Technology Co., Ltd. announced that they will report fiscal year 2020 results on Apr 29, 2021 Reported Earnings • Feb 01
Third quarter 2020 earnings released: EPS CN¥0.073 (vs CN¥0.095 in 3Q 2019) The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2020 results: Revenue: CN¥233.7m (down 6.5% from 3Q 2019). Net income: CN¥26.3m (down 23% from 3Q 2019). Profit margin: 11% (down from 14% in 3Q 2019). 
