Valuation Update With 7 Day Price Move • May 25
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to CN¥15.97, the stock trades at a forward P/E ratio of 29x. Average forward P/E is 14x in the Luxury industry in China. Total returns to shareholders of 58% over the past three years. Announcement • Apr 28
Xingye Leather Technology Co., Ltd., Annual General Meeting, May 19, 2026 Xingye Leather Technology Co., Ltd., Annual General Meeting, May 19, 2026, at 14:30 China Standard Time. Location: The Company's Meeting Room, Jinjiang, Fujian China Announcement • Mar 31
Xingye Leather Technology Co., Ltd. to Report Q1, 2026 Results on Apr 28, 2026 Xingye Leather Technology Co., Ltd. announced that they will report Q1, 2026 results on Apr 28, 2026 Valuation Update With 7 Day Price Move • Mar 23
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to CN¥11.93, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 15x in the Luxury industry in China. Total returns to shareholders of 18% over the past three years. Board Change • Jan 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. 5 experienced directors. 5 highly experienced directors. Independent Director Zhongchuan Dai was the last director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Announcement • Dec 31
Xingye Leather Technology Co., Ltd. to Report Fiscal Year 2025 Results on Apr 28, 2026 Xingye Leather Technology Co., Ltd. announced that they will report fiscal year 2025 results on Apr 28, 2026 New Risk • Oct 29
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: 2.4% 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. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (10% average weekly change). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (2.4% net profit margin). Announcement • Sep 30
Xingye Leather Technology Co., Ltd. to Report Q3, 2025 Results on Oct 29, 2025 Xingye Leather Technology Co., Ltd. announced that they will report Q3, 2025 results on Oct 29, 2025 Valuation Update With 7 Day Price Move • Sep 23
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to CN¥17.11, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 15x in the Luxury industry in China. Total returns to shareholders of 64% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥7.23 per share. Valuation Update With 7 Day Price Move • Sep 09
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥14.85, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 16x in the Luxury industry in China. Total returns to shareholders of 23% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥7.18 per share. New Risk • Sep 02
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 25% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (7.7% average weekly change). Large one-off items impacting financial results. Valuation Update With 7 Day Price Move • Aug 21
Investor sentiment improves as stock rises 24% After last week's 24% share price gain to CN¥13.79, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 17x in the Luxury industry in China. Total returns to shareholders of 19% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥7.01 per share. New Risk • Aug 20
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 6.6% 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: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (6.6% average weekly change). Profit margins are more than 30% lower than last year (4.2% net profit margin). Announcement • Jul 02
Xingye Leather Technology Co., Ltd. to Report First Half, 2025 Results on Aug 26, 2025 Xingye Leather Technology Co., Ltd. announced that they will report first half, 2025 results on Aug 26, 2025 New Risk • Apr 27
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 38% 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: Major Risk Dividend is not well covered by earnings and cash flows. Payout ratio: 143% Cash payout ratio: 108% Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (4.2% net profit margin). Reported Earnings • Apr 27
First quarter 2025 earnings released: EPS: CN¥0.064 (vs CN¥0.12 in 1Q 2024) First quarter 2025 results: EPS: CN¥0.064 (down from CN¥0.12 in 1Q 2024). Revenue: CN¥627.0m (up 5.0% from 1Q 2024). Net income: CN¥18.9m (down 45% from 1Q 2024). Profit margin: 3.0% (down from 5.8% in 1Q 2024). Revenue is forecast to grow 13% p.a. on average during the next 2 years, compared to a 12% growth forecast for the Luxury industry in China. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings. Announcement • Apr 26
Xingye Leather Technology Co., Ltd., Annual General Meeting, May 19, 2025 Xingye Leather Technology Co., Ltd., Annual General Meeting, May 19, 2025, at 14:30 China Standard Time. Location: The Company's Meeting Room, Jinjiang, Fujian China Announcement • Mar 31
Xingye Leather Technology Co., Ltd. to Report Q1, 2025 Results on Apr 26, 2025 Xingye Leather Technology Co., Ltd. announced that they will report Q1, 2025 results on Apr 26, 2025 Announcement • Dec 31
Xingye Leather Technology Co., Ltd. to Report Fiscal Year 2024 Results on Apr 26, 2025 Xingye Leather Technology Co., Ltd. announced that they will report fiscal year 2024 results on Apr 26, 2025 Valuation Update With 7 Day Price Move • Nov 06
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to CN¥10.63, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 12x in the Luxury industry in China. Total returns to shareholders of 13% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥7.52 per share. Buy Or Sell Opportunity • Nov 04
Now 26% overvalued after recent price rise Over the last 90 days, the stock has risen 5.2% to CN¥9.43. The fair value is estimated to be CN¥7.48, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 20% over the last 3 years. Earnings per share has declined by 5.5%. Revenue is forecast to grow by 37% in 2 years. Earnings are forecast to grow by 137% in the next 2 years. Reported Earnings • Oct 29
Third quarter 2024 earnings released: EPS: CN¥0.18 (vs CN¥0.28 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.18 (down from CN¥0.28 in 3Q 2023). Revenue: CN¥752.4m (up 1.1% from 3Q 2023). Net income: CN¥52.6m (down 35% from 3Q 2023). Profit margin: 7.0% (down from 11% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Luxury industry in China. Over the last 3 years on average, earnings per share has fallen by 6% per year whereas the company’s share price has fallen by 5% per year. Buy Or Sell Opportunity • Oct 14
Now 21% overvalued Over the last 90 days, the stock has fallen 1.8% to CN¥8.88. The fair value is estimated to be CN¥7.34, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 19% over the last 3 years. Earnings per share has declined by 5.6%. Revenue is forecast to grow by 32% in 2 years. Earnings are forecast to grow by 83% in the next 2 years. Announcement • Sep 30
Xingye Leather Technology Co., Ltd. to Report Q3, 2024 Results on Oct 29, 2024 Xingye Leather Technology Co., Ltd. announced that they will report Q3, 2024 results on Oct 29, 2024 Valuation Update With 7 Day Price Move • Sep 30
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to CN¥9.62, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 12x in the Luxury industry in China. Total loss to shareholders of 2.2% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥7.38 per share. Buy Or Sell Opportunity • Sep 27
Now 22% overvalued Over the last 90 days, the stock has fallen 13% to CN¥8.90. The fair value is estimated to be CN¥7.29, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 19% over the last 3 years. Earnings per share has declined by 5.6%. Revenue is forecast to grow by 32% in 2 years. Earnings are forecast to grow by 83% in the next 2 years. Reported Earnings • Aug 20
Second quarter 2024 earnings released: EPS: CN¥0.077 (vs CN¥0.22 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.077 (down from CN¥0.22 in 2Q 2023). Revenue: CN¥664.5m (down 9.2% from 2Q 2023). Net income: CN¥22.5m (down 65% from 2Q 2023). Profit margin: 3.4% (down from 8.8% in 2Q 2023). Revenue is forecast to grow 19% 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 fallen by 6% per year but the company’s share price has fallen by 19% per year, which means it is performing significantly worse than earnings. Announcement • Jun 29
Xingye Leather Technology Co., Ltd. to Report First Half, 2024 Results on Aug 20, 2024 Xingye Leather Technology Co., Ltd. announced that they will report first half, 2024 results on Aug 20, 2024 Declared Dividend • May 24
Dividend increased to CN¥0.60 Dividend of CN¥0.60 is 20% higher than last year. Ex-date: 29th May 2024 Payment date: 29th May 2024 Dividend yield will be 5.1%, which is higher than the industry average of 3.3%. Sustainability & Growth Dividend is not adequately covered by earnings (91% earnings payout ratio) nor is it covered by cash flows (219% cash payout ratio). The dividend has increased by an average of 12% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 1.1% to bring the payout ratio under control. EPS is expected to grow by 101% over the next 3 years, which is sufficient to bring the dividend into a sustainable range. Reported Earnings • Apr 24
First quarter 2024 earnings released: EPS: CN¥0.12 (vs CN¥0.097 in 1Q 2023) First quarter 2024 results: EPS: CN¥0.12 (up from CN¥0.097 in 1Q 2023). Revenue: CN¥596.9m (up 29% from 1Q 2023). Net income: CN¥34.6m (up 22% from 1Q 2023). Profit margin: 5.8% (down from 6.1% in 1Q 2023). Revenue is forecast to grow 21% p.a. on average during the next 2 years, compared to a 15% growth forecast for the Luxury industry in China. Over the last 3 years on average, earnings per share has remained flat whereas the company’s share price has increased by 1% per year. Announcement • Apr 23
Xingye Leather Technology Co., Ltd., Annual General Meeting, May 15, 2024 Xingye Leather Technology Co., Ltd., Annual General Meeting, May 15, 2024, at 14:30 China Standard Time. Location: The Company's Meeting Room, Jinjiang, Fujian China Announcement • Mar 30
Xingye Leather Technology Co., Ltd. to Report Q1, 2024 Results on Apr 23, 2024 Xingye Leather Technology Co., Ltd. announced that they will report Q1, 2024 results on Apr 23, 2024 Valuation Update With 7 Day Price Move • Feb 02
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to CN¥9.39, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 13x in the Luxury industry in China. Total loss to shareholders of 12% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥5.33 per share. Announcement • Dec 29
Xingye Leather Technology Co., Ltd. to Report Fiscal Year 2023 Results on Apr 23, 2024 Xingye Leather Technology Co., Ltd. announced that they will report fiscal year 2023 results on Apr 23, 2024 Reported Earnings • Nov 02
Third quarter 2023 earnings released: EPS: CN¥0.28 (vs CN¥0.28 in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.28 (up from CN¥0.28 in 3Q 2022). Revenue: CN¥744.5m (up 13% from 3Q 2022). Net income: CN¥80.7m (flat on 3Q 2022). Profit margin: 11% (down from 12% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 23% p.a. on average during the next 3 years, compared to a 17% growth forecast for the Luxury 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 9% per year, which means it is significantly lagging earnings. Reported Earnings • Aug 22
Second quarter 2023 earnings released: EPS: CN¥0.22 (vs CN¥0.16 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.22 (up from CN¥0.16 in 2Q 2022). Revenue: CN¥732.0m (up 52% from 2Q 2022). Net income: CN¥64.5m (up 36% from 2Q 2022). Profit margin: 8.8% (down from 9.9% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 21% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Luxury industry in China. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Announcement • Jul 01
Xingye Leather Technology Co., Ltd. to Report Q2, 2023 Results on Aug 22, 2023 Xingye Leather Technology Co., Ltd. announced that they will report Q2, 2023 results on Aug 22, 2023 Announcement • Jun 03
Xingye Leather Technology Co., Ltd. Implements Final Cash Dividend of A Shares for 2022, Payable on June 09, 2023 Xingye Leather Technology Co., Ltd. implemented final cash dividend of CNY 5.00000000 per ten A shares (tax included) for 2022. Record date: 08 June 2023; Ex-date: 09 June 2023; Payment date: 09 June 2023. Announcement • May 18
Xingye Leather Technology Co., Ltd. Approves Cash Dividend for 2022 Xingye Leather Technology Co., Ltd. approved Cash dividend/10 shares (tax included): CNY 5.00000000 for 2022, at its Annual General Meeting of 2022 on 16 May 2023. Reported Earnings • Apr 26
First quarter 2023 earnings released: EPS: CN¥0.097 (vs CN¥0.013 in 1Q 2022) First quarter 2023 results: EPS: CN¥0.097 (up from CN¥0.013 in 1Q 2022). Revenue: CN¥464.1m (up 79% from 1Q 2022). Net income: CN¥28.4m (up CN¥24.5m from 1Q 2022). Profit margin: 6.1% (up from 1.5% in 1Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 19% p.a. on average during the next 2 years, compared to a 16% growth forecast for the Luxury industry in China. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth. Board Change • Dec 29
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. 1 experienced director. 5 highly experienced directors. 1 independent director (2 non-independent directors). Non-Independent Director Ke Jinding was the last independent director to join the board, commencing their role in 2013. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Announcement • Dec 28
Xingye Leather Technology Co., Ltd. Approves Executive Elections Xingye Leather Technology Co., Ltd. announced that it has approved election of Cai Zongmiao as non-independent director; and Su Chaoying, Dai Zhongchuan and Chen Shoude as independent directors, at its Extraordinary General Meeting of 2022 held on 26 December 2022. Reported Earnings • Oct 25
Third quarter 2022 earnings released: EPS: CN¥0.28 (vs CN¥0.21 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.28 (up from CN¥0.21 in 3Q 2021). Revenue: CN¥659.9m (up 53% from 3Q 2021). Net income: CN¥80.3m (up 31% from 3Q 2021). Profit margin: 12% (down from 14% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 21% p.a. on average during the next 3 years, compared to a 19% growth forecast for the Luxury industry in China. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Reported Earnings • Aug 24
Second quarter 2022 earnings released: EPS: CN¥0.16 (vs CN¥0.33 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.16 (down from CN¥0.33 in 2Q 2021). Revenue: CN¥481.4m (down 8.9% from 2Q 2021). Net income: CN¥47.5m (down 50% from 2Q 2021). Profit margin: 9.9% (down from 18% in 2Q 2021). Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Aug 18
Investor sentiment improved over the past week After last week's 15% share price gain to CN¥13.13, the stock trades at a trailing P/E ratio of 23.2x. Average trailing P/E is 22x in the Luxury industry in China. Total returns to shareholders of 25% over the past three years. Valuation Update With 7 Day Price Move • Jul 29
Investor sentiment improved over the past week After last week's 16% share price gain to CN¥12.86, the stock trades at a trailing P/E ratio of 22.7x. Average trailing P/E is 21x in the Luxury industry in China. Total returns to shareholders of 17% over the past three years. Valuation Update With 7 Day Price Move • Jun 14
Investor sentiment improved over the past week After last week's 25% share price gain to CN¥12.32, the stock trades at a trailing P/E ratio of 21.8x. Average trailing P/E is 21x in the Luxury industry in China. Total returns to shareholders of 2.7% over the past three years. Announcement • May 24
Xingye Leather Technology Co., Ltd. Announces Cash Dividend, Payable on May 27, 2022 Xingye Leather Technology Co., Ltd. announced 2021 final profit distribution plan to be implemented (A shares) as Cash dividend/10 shares (tax included): CNY 3.00000000. Record date as 26 May 2022, ex-date as May 27, 2022 and payment date as May 27, 2022. Announcement • May 19
Xingye Leather Technology Co., Ltd. Approves Cash Dividend for the Year 2021 Xingye Leather Technology Co., Ltd. at the AGM, the shareholders approved a cash dividend of CNY 3.00000000 per 10 shares (tax included) for the year 2021. Announcement • Apr 27
Xingye Leather Technology Co., Ltd. Proposes Final Cash Dividend for 2021 Xingye Leather Technology Co., Ltd. announced on 26 April 2022 the profit distribution proposal for 2021 as final cash dividend per 10 shares (tax included) of CNY 3.00000000. Reported Earnings • Apr 27
First quarter 2022 earnings: EPS and revenues exceed analyst expectations First quarter 2022 results: EPS: CN¥0.013 (down from CN¥0.069 in 1Q 2021). Revenue: CN¥259.3m (down 5.8% from 1Q 2021). Net income: CN¥3.89m (down 81% from 1Q 2021). Profit margin: 1.5% (down from 7.3% in 1Q 2021). Revenue exceeded analyst estimates by 15%. Earnings per share (EPS) also surpassed analyst estimates by 96%. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has fallen by 22% per year, which means it is significantly lagging earnings. Buying Opportunity • Mar 29
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 8.8%. The fair value is estimated to be CN¥12.70, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 4.3% per annum over the last 3 years. Earnings per share has grown by 25% per annum over the last 3 years. Buying Opportunity • Mar 08
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 6.2%. The fair value is estimated to be CN¥12.73, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 4.3% per annum over the last 3 years. Earnings per share has grown by 25% per annum over the last 3 years. Buying Opportunity • Jan 27
Now 22% undervalued after recent price drop Over the last 90 days, the stock is down 4.3%. The fair value is estimated to be CN¥12.92, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 4.3% per annum over the last 3 years. Earnings per share has grown by 25% per annum over the last 3 years. Reported Earnings • Oct 26
Third quarter 2021 earnings released: EPS CN¥0.21 (vs CN¥0.15 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: CN¥431.7m (up 2.1% from 3Q 2020). Net income: CN¥61.5m (up 42% from 3Q 2020). Profit margin: 14% (up from 10% in 3Q 2020). The increase in margin was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth. Reported Earnings • Aug 18
Second quarter 2021 earnings released: EPS CN¥0.33 (vs CN¥0.024 in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CN¥528.3m (up 77% from 2Q 2020). Net income: CN¥95.8m (up CN¥88.7m from 2Q 2020). Profit margin: 18% (up from 2.4% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has increased by 26% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Apr 14
Full year 2020 earnings released: EPS CN¥0.39 (vs CN¥0.39 in FY 2019) The company reported a soft full year result with weaker earnings and revenues, although profit margins were improved. Full year 2020 results: Revenue: CN¥1.46b (down 8.0% from FY 2019). Net income: CN¥115.5m (down 2.1% from FY 2019). Profit margin: 7.9% (up from 7.4% in FY 2019). The increase in margin was driven by lower expenses. 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 7% per year, which means it is significantly lagging earnings growth. Announcement • Mar 09
Xingye Leather Technology Co., Ltd. to Report Fiscal Year 2020 Results on Apr 20, 2021 Xingye Leather Technology Co., Ltd. announced that they will report fiscal year 2020 results on Apr 20, 2021 Valuation Update With 7 Day Price Move • Dec 29
Investor sentiment improved over the past week After last week's 17% share price gain to CN¥12.33, the stock is trading at a trailing P/E ratio of 52.9x, up from the previous P/E ratio of 45.3x. This compares to an average P/E of 28x in the Luxury industry in China. Total returns to shareholders over the past three years are 37%. Is New 90 Day High Low • Dec 22
New 90-day low: CN¥10.57 The company is down 22% from its price of CN¥13.60 on 23 September 2020. The Chinese market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Luxury industry, which is down 5.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥1.98 per share. Valuation Update With 7 Day Price Move • Dec 15
Investor sentiment deteriorated over the past week After last week's 16% share price decline to CN¥15.49, the stock is trading at a trailing P/E ratio of 66.4x, down from the previous P/E ratio of 78.9x. This compares to an average P/E of 33x in the Luxury industry in China. Total returns to shareholders over the past three years are 72%. Is New 90 Day High Low • Nov 18
New 90-day high: CN¥18.88 The company is up 31% from its price of CN¥14.40 on 20 August 2020. The Chinese market is down 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Luxury industry, which is flat over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥1.84 per share. Valuation Update With 7 Day Price Move • Nov 12
Market bids up stock over the past week After last week's 15% share price gain to CN¥18.35, the stock is trading at a trailing P/E ratio of 78.7x, up from the previous P/E ratio of 68.2x. This compares to an average P/E of 33x in the Luxury industry in China. Total returns to shareholders over the past three years are 85%. Valuation Update With 7 Day Price Move • Nov 06
Market bids up stock over the past week After last week's 16% share price gain to CN¥16.93, the stock is trading at a trailing P/E ratio of 72.6x, up from the previous P/E ratio of 62.7x. This compares to an average P/E of 32x in the Luxury industry in China. Total returns to shareholders over the past three years are 68%. Is New 90 Day High Low • Nov 02
New 90-day high: CN¥15.34 The company is up 14% from its price of CN¥13.49 on 04 August 2020. The Chinese market is down 6.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Luxury industry, which is down 5.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥1.89 per share. Valuation Update With 7 Day Price Move • Nov 02
Market bids up stock over the past week After last week's 23% share price gain to CN¥15.34, the stock is trading at a trailing P/E ratio of 65.8x, up from the previous P/E ratio of 53.5x. This compares to an average P/E of 30x in the Luxury industry in China. Total returns to shareholders over the past three years are 55%. Reported Earnings • Oct 28
Third quarter earnings released Over the last 12 months the company has reported total profits of CN¥69.3m, down 55% from the prior year. Total revenue was CN¥1.34b over the last 12 months, down 18% from the prior year. Price Target Changed • Oct 27
Price target raised to CN¥10.07 Up from CN¥8.90, the current price target is an average from 2 analysts. The new target price is 22% below the current share price of CN¥12.86. As of last close, the stock is up 2.1% over the past year. Announcement • Oct 20
Xingye Leather Technology Co., Ltd. to Report Q3, 2020 Results on Oct 27, 2020 Xingye Leather Technology Co., Ltd. announced that they will report Q3, 2020 results on Oct 27, 2020 Valuation Update With 7 Day Price Move • Oct 15
Market bids up stock over the past week After last week's 16% share price gain to CN¥12.76, the stock is trading at a trailing P/E ratio of 75.5x, up from the previous P/E ratio of 65.2x. This compares to an average P/E of 29x in the Luxury industry in China. Total returns to shareholders over the past three years are 25%. Announcement • Aug 04
Xingye Leather Technology Co., Ltd. to Report First Half, 2020 Results on Aug 25, 2020 Xingye Leather Technology Co., Ltd. announced that they will report first half, 2020 results on Aug 25, 2020