Reported Earnings • Apr 30
Full year 2025 earnings released: EPS: CN¥0.056 (vs CN¥0.023 in FY 2024) Full year 2025 results: EPS: CN¥0.056 (up from CN¥0.023 in FY 2024). Revenue: CN¥1.27b (up 7.0% from FY 2024). Net income: CN¥46.3m (up 143% from FY 2024). Profit margin: 3.7% (up from 1.6% in FY 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 40% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings. Announcement • Apr 30
Shanghai Challenge Textile Co.,Ltd., Annual General Meeting, May 21, 2026 Shanghai Challenge Textile Co.,Ltd., Annual General Meeting, May 21, 2026, at 14:00 China Standard Time. Location: The Company's Meeting Room, Shanghai China Announcement • Mar 31
Shanghai Challenge Textile Co.,Ltd. to Report Q1, 2026 Results on Apr 30, 2026 Shanghai Challenge Textile Co.,Ltd. announced that they will report Q1, 2026 results on Apr 30, 2026 Valuation Update With 7 Day Price Move • Mar 23
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to CN¥2.63, the stock trades at a trailing P/E ratio of 40.1x. Average trailing P/E is 32x in the Luxury industry in China. Total loss to shareholders of 22% over the past three years. Announcement • Dec 31
Shanghai Challenge Textile Co.,Ltd. to Report Fiscal Year 2025 Results on Apr 24, 2026 Shanghai Challenge Textile Co.,Ltd. announced that they will report fiscal year 2025 results on Apr 24, 2026 Reported Earnings • Oct 31
Third quarter 2025 earnings released: EPS: CN¥0.027 (vs CN¥0.008 loss in 3Q 2024) Third quarter 2025 results: EPS: CN¥0.027 (up from CN¥0.008 loss in 3Q 2024). Revenue: CN¥302.3m (up 2.6% from 3Q 2024). Net income: CN¥22.2m (up CN¥28.6m from 3Q 2024). Profit margin: 7.4% (up from net loss in 3Q 2024). The move to profitability was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 44% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings. Announcement • Sep 30
Shanghai Challenge Textile Co.,Ltd. to Report Q3, 2025 Results on Oct 31, 2025 Shanghai Challenge Textile Co.,Ltd. announced that they will report Q3, 2025 results on Oct 31, 2025 New Risk • Sep 09
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 2.1% Last year net profit margin: 4.4% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. This is currently the only risk that has been identified for the company. Announcement • Jul 02
Shanghai Challenge Textile Co.,Ltd. to Report First Half, 2025 Results on Aug 26, 2025 Shanghai Challenge Textile Co.,Ltd. announced that they will report first half, 2025 results on Aug 26, 2025 Announcement • Apr 29
Shanghai Challenge Textile Co.,Ltd., Annual General Meeting, May 20, 2025 Shanghai Challenge Textile Co.,Ltd., Annual General Meeting, May 20, 2025, at 14:00 China Standard Time. Announcement • Mar 31
Shanghai Challenge Textile Co.,Ltd. to Report Q1, 2025 Results on Apr 30, 2025 Shanghai Challenge Textile Co.,Ltd. announced that they will report Q1, 2025 results on Apr 30, 2025 New Risk • Jan 10
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 9.3% 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 Share price has been volatile over the past 3 months (9.3% average weekly change). Profit margins are more than 30% lower than last year (1.5% net profit margin). Announcement • Dec 31
Shanghai Challenge Textile Co.,Ltd. to Report Fiscal Year 2024 Results on Apr 29, 2025 Shanghai Challenge Textile Co.,Ltd. announced that they will report fiscal year 2024 results on Apr 29, 2025 Board Change • Nov 03
High number of new directors There are 6 new directors who have joined the board in the last 3 years. Employee Representative Supervisor Jian Ge was the last director to join the board, commencing their role in 2024. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Oct 31
Third quarter 2024 earnings released: CN¥0.008 loss per share (vs CN¥0.029 profit in 3Q 2023) Third quarter 2024 results: CN¥0.008 loss per share (down from CN¥0.029 profit in 3Q 2023). Revenue: CN¥294.7m (up 23% from 3Q 2023). Net loss: CN¥6.33m (down 126% from profit in 3Q 2023). Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Announcement • Sep 30
Shanghai Challenge Textile Co.,Ltd. to Report Q3, 2024 Results on Oct 31, 2024 Shanghai Challenge Textile Co.,Ltd. announced that they will report Q3, 2024 results on Oct 31, 2024 Valuation Update With 7 Day Price Move • Sep 30
Investor sentiment improves as stock rises 22% After last week's 22% share price gain to CN¥2.15, the stock trades at a trailing P/E ratio of 37.8x. Average trailing P/E is 21x in the Luxury industry in China. Total loss to shareholders of 17% over the past three years. New Risk • Sep 22
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 24% 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 Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (4.4% net profit margin). Reported Earnings • Aug 31
Second quarter 2024 earnings released: EPS: CN¥0.036 (vs CN¥0.027 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.036 (up from CN¥0.027 in 2Q 2023). Revenue: CN¥357.6m (up 27% from 2Q 2023). Net income: CN¥29.9m (up 34% from 2Q 2023). Profit margin: 8.4% (up from 7.9% 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 44% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings. New Risk • Aug 22
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 7.0% 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: Minor Risks Share price has been volatile over the past 3 months (7.0% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (4.0% net profit margin). Announcement • Jun 29
Shanghai Challenge Textile Co.,Ltd. to Report First Half, 2024 Results on Aug 31, 2024 Shanghai Challenge Textile Co.,Ltd. announced that they will report first half, 2024 results on Aug 31, 2024 Valuation Update With 7 Day Price Move • Jun 06
Investor sentiment deteriorates as stock falls 20% After last week's 20% share price decline to CN¥1.52, the stock trades at a trailing P/E ratio of 31.8x. Average trailing P/E is 20x in the Luxury industry in China. Total loss to shareholders of 48% over the past three years. New Risk • May 22
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 Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (4.0% net profit margin). Announcement • Apr 29
Shanghai Challenge Textile Co.,Ltd., Annual General Meeting, May 17, 2024 Shanghai Challenge Textile Co.,Ltd., Annual General Meeting, May 17, 2024, at 15:00 China Standard Time. Location: The Company's Meeting Room, Shanghai China Reported Earnings • Apr 28
First quarter 2024 earnings released: CN¥0.008 loss per share (vs CN¥0.006 profit in 1Q 2023) First quarter 2024 results: CN¥0.008 loss per share (down from CN¥0.006 profit in 1Q 2023). Revenue: CN¥234.9m (flat on 1Q 2023). Net loss: CN¥6.56m (down 228% from profit in 1Q 2023). Over the last 3 years on average, earnings per share has increased by 54% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings. 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¥2.00, the stock trades at a trailing P/E ratio of 21.9x. Average trailing P/E is 23x in the Luxury industry in China. Total loss to shareholders of 35% over the past three years. Announcement • Mar 30
Shanghai Challenge Textile Co.,Ltd. to Report Q1, 2024 Results on Apr 27, 2024 Shanghai Challenge Textile Co.,Ltd. announced that they will report Q1, 2024 results on Apr 27, 2024 Valuation Update With 7 Day Price Move • Feb 22
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥2.35, the stock trades at a trailing P/E ratio of 25.8x. Average trailing P/E is 23x in the Luxury industry in China. Total loss to shareholders of 19% 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¥2.35, the stock trades at a trailing P/E ratio of 25.8x. Average trailing P/E is 24x in the Luxury industry in China. Total loss to shareholders of 18% over the past three years. Announcement • Dec 30
Shanghai Challenge Textile Co.,Ltd. to Report Fiscal Year 2023 Results on Apr 27, 2024 Shanghai Challenge Textile Co.,Ltd. announced that they will report fiscal year 2023 results on Apr 27, 2024 Reported Earnings • Nov 01
Third quarter 2023 earnings released: EPS: CN¥0.029 (vs CN¥0.056 in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.029 (down from CN¥0.056 in 3Q 2022). Revenue: CN¥240.0m (down 40% from 3Q 2022). Net income: CN¥24.2m (down 48% from 3Q 2022). Profit margin: 10% (down from 12% in 3Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 68% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Reported Earnings • Aug 31
Second quarter 2023 earnings released: EPS: CN¥0.027 (vs CN¥0.024 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.027 (up from CN¥0.024 in 2Q 2022). Revenue: CN¥282.8m (down 18% from 2Q 2022). Net income: CN¥22.3m (up 9.0% from 2Q 2022). Profit margin: 7.9% (up from 6.0% in 2Q 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 71% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings. Board Change • Jul 07
High number of new directors There are 6 new directors who have joined the board in the last 3 years. Non-Independent Director Wenwen Jiang was the last director to join the board, commencing their role in 2023. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Announcement • Jun 28
Shanghai Challenge Textile Co.,Ltd. Approves Management Appointments Shanghai Challenge Textile Co.,Ltd. announced at the EGM held on June 26, 2023, approved election of Zeng Guanjun, Cui Dongjing, Jiang Wenwen and Zhang Yun as non-independent directors; Li Lei and Yan Bing as independent directors and Su Guozhen and Hu Jing as non-employee supervisors. Announcement • May 24
Shanghai Challenge Textile Co.,Ltd. Approves Cash Dividend for the Year 2022 Shanghai Challenge Textile Co.,Ltd. at its Annual General Meeting of 2022 on 19 May 2023, approved Cash dividend/10 shares (tax included): CNY 0.12000000. Reported Earnings • Apr 21
Full year 2022 earnings released: EPS: CN¥0.11 (vs CN¥0.024 in FY 2021) Full year 2022 results: EPS: CN¥0.11 (up from CN¥0.024 in FY 2021). Revenue: CN¥1.37b (up 18% from FY 2021). Net income: CN¥93.2m (up 368% from FY 2021). Profit margin: 6.8% (up from 1.7% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 82% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings. 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. 12 experienced directors. No highly experienced directors. 5 independent directors (7 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. Reported Earnings • Oct 30
Third quarter 2022 earnings released: EPS: CN¥0.056 (vs CN¥0.01 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.056 (up from CN¥0.01 in 3Q 2021). Revenue: CN¥397.0m (up 12% from 3Q 2021). Net income: CN¥46.2m (up 393% from 3Q 2021). Profit margin: 12% (up from 2.6% in 3Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 76% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Reported Earnings • Sep 02
Second quarter 2022 earnings released: EPS: CN¥0.024 (vs CN¥0.005 loss in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.024 (up from CN¥0.005 loss in 2Q 2021). Revenue: CN¥342.6m (up 46% from 2Q 2021). Net income: CN¥20.5m (up CN¥25.0m from 2Q 2021). Profit margin: 6.0% (up from net loss in 2Q 2021). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings. Announcement • May 26
Shanghai Challenge Textile Co.,Ltd. Approves the Election of Zhang Yun as A Non-Independent Director Shanghai Challenge Textile Co.,Ltd. approved the election of Zhang Yun as a non-independent director, at its Annual General Meeting of 2021 on 23 May 2022. Reported Earnings • Apr 30
First quarter 2022 earnings: EPS and revenues miss analyst expectations First quarter 2022 results: EPS: CN¥0.003 (up from CN¥0.005 loss in 1Q 2021). Revenue: CN¥295.4m (up 40% from 1Q 2021). Net income: CN¥2.15m (up CN¥6.01m from 1Q 2021). Profit margin: 0.7% (up from net loss in 1Q 2021). The move to profitability was driven by higher revenue. Revenue missed analyst estimates by 22%. Earnings per share (EPS) also missed analyst estimates by 214%. Over the last 3 years on average, earnings per share has fallen by 10% per year whereas the company’s share price has fallen by 13% per year. 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. 12 experienced directors. No highly experienced directors. 4 independent directors (7 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. Reported Earnings • Oct 31
Third quarter 2021 earnings released: EPS CN¥0.01 (vs CN¥0.011 loss in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: CN¥354.6m (up 26% from 3Q 2020). Net income: CN¥9.38m (up CN¥18.5m from 3Q 2020). Profit margin: 2.6% (up from net loss in 3Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 54 percentage points per year, which is a significant difference in performance. Reported Earnings • Aug 31
Second quarter 2021 earnings released: CN¥0.005 loss per share (vs CN¥0.056 profit in 2Q 2020) The company reported a poor second quarter result with weaker earnings, revenues and control over costs. Second quarter 2021 results: Revenue: CN¥235.4m (down 49% from 2Q 2020). Net loss: CN¥4.48m (down 110% from profit in 2Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 57 percentage points per year, which is a significant difference in performance. Reported Earnings • May 02
First quarter 2021 earnings released: CN¥0.005 loss per share (vs CN¥0.005 loss in 1Q 2020) The company reported a solid first quarter result with reduced losses, improved revenues and improved control over expenses. First quarter 2021 results: Revenue: CN¥211.2m (up 45% from 1Q 2020). Net loss: CN¥3.86m (loss narrowed 10% from 1Q 2020). Over the last 3 years on average, earnings per share has fallen by 45% 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. Reported Earnings • Apr 17
Full year 2020 earnings released: EPS CN¥0.02 (vs CN¥0.021 loss in FY 2019) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: CN¥1.17b (up 17% from FY 2019). Net income: CN¥16.7m (up CN¥34.0m from FY 2019). Profit margin: 1.4% (up from net loss in FY 2019). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 44% 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. Is New 90 Day High Low • Feb 03
New 90-day low: CN¥2.85 The company is down 13% from its price of CN¥3.27 on 05 November 2020. The Chinese market is up 6.0% over the last 90 days, indicating the company underperformed over that time. However, its price trend is similar to the Luxury industry, which is also down 13% over the same period. Is New 90 Day High Low • Dec 11
New 90-day low: CN¥3.14 The company is down 20% from its price of CN¥3.92 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. Is New 90 Day High Low • Oct 28
New 90-day low: CN¥3.49 The company is down 13% from its price of CN¥3.99 on 30 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 flat over the same period. Is New 90 Day High Low • Sep 24
New 90-day low: CN¥3.72 The company is down 3.0% from its price of CN¥3.83 on 24 June 2020. The Chinese market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Luxury industry, which is up 9.0% over the same period. Announcement • Aug 14
Shanghai Challenge Textile Co., Ltd. to Report First Half, 2020 Results on Aug 31, 2020 Shanghai Challenge Textile Co., Ltd. announced that they will report first half, 2020 results on Aug 31, 2020