Announcement • Apr 29
Zhejiang Huilong New Materials Co.,Ltd. announced that it expects to receive CNY 300 million in funding Zhejiang Huilong New Materials Co.,Ltd. announced a private placement of A shares not more than 30% of total share capital at a price of not less than 80% of the average price in the 20 trading days before the pricing reference date for gross proceeds of not more than CNY 300,000,000 on April 27, 2026. The transaction will include participation from not more than 35 investors. The shares cannot be transferred within 6 months from the issuance closing date. The transaction has been approved at the 27th meeting of the 4th directorate of the company. The transaction is subject to the approval of the company’s annual shareholders meeting of 2025. Reported Earnings • Apr 28
Full year 2025 earnings released: EPS: CN¥0.30 (vs CN¥0.27 in FY 2024) Full year 2025 results: EPS: CN¥0.30 (up from CN¥0.27 in FY 2024). Revenue: CN¥951.2m (up 14% from FY 2024). Net income: CN¥35.1m (up 14% from FY 2024). Profit margin: 3.7% (in line with FY 2024). Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has increased by 24% per year, which means it is well ahead of earnings. Announcement • Apr 28
Zhejiang Huilong New Materials Co.,Ltd., Annual General Meeting, May 20, 2026 Zhejiang Huilong New Materials Co.,Ltd., Annual General Meeting, May 20, 2026, at 14:00 China Standard Time. Location: The Company's Meeting Room, Huzhou, Zhejiang China Announcement • Mar 31
Zhejiang Huilong New Materials Co.,Ltd. to Report Q1, 2026 Results on Apr 28, 2026 Zhejiang Huilong New Materials Co.,Ltd. announced that they will report Q1, 2026 results on Apr 28, 2026 Announcement • Dec 31
Zhejiang Huilong New Materials Co.,Ltd. to Report Fiscal Year 2025 Results on Apr 28, 2026 Zhejiang Huilong New Materials Co.,Ltd. announced that they will report fiscal year 2025 results on Apr 28, 2026 Reported Earnings • Oct 30
Third quarter 2025 earnings released: EPS: CN¥0.043 (vs CN¥0.048 in 3Q 2024) Third quarter 2025 results: EPS: CN¥0.043 (down from CN¥0.048 in 3Q 2024). Revenue: CN¥232.5m (up 16% from 3Q 2024). Net income: CN¥5.16m (down 6.7% from 3Q 2024). Profit margin: 2.2% (down from 2.8% in 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings. Announcement • Sep 30
Zhejiang Huilong New Materials Co.,Ltd. to Report Q3, 2025 Results on Oct 30, 2025 Zhejiang Huilong New Materials Co.,Ltd. announced that they will report Q3, 2025 results on Oct 30, 2025 Valuation Update With 7 Day Price Move • Sep 23
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to CN¥23.70, the stock trades at a trailing P/E ratio of 72.9x. Average trailing P/E is 35x in the Luxury industry in China. Total returns to shareholders of 42% over the past three years. Announcement • Jul 02
Zhejiang Huilong New Materials Co.,Ltd. to Report First Half, 2025 Results on Aug 28, 2025 Zhejiang Huilong New Materials Co.,Ltd. announced that they will report first half, 2025 results on Aug 28, 2025 New Risk • Jun 18
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 9.9% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (9.9% average weekly change). Earnings have declined by 20% per year over the past 5 years. High level of non-cash earnings (44% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (4.0% net profit margin). Declared Dividend • Jun 12
Dividend of CN¥0.20 announced Shareholders will receive a dividend of CN¥0.20. Ex-date: 13th June 2025 Payment date: 13th June 2025 Dividend yield will be 1.2%, which is lower than the industry average of 3.3%. Sustainability & Growth Dividend is covered by earnings (66% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has remained flat since 3 years ago. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to decline by 27% to shift the payout ratio to a potentially unsustainable range, which is more than the 17% EPS decline seen over the last 5 years. New Risk • May 14
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 9.5% 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 Risks Earnings have declined by 20% per year over the past 5 years. High level of non-cash earnings (44% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (9.5% average weekly change). Profit margins are more than 30% lower than last year (4.0% net profit margin). Valuation Update With 7 Day Price Move • May 14
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to CN¥18.30, the stock trades at a trailing P/E ratio of 61.2x. Average trailing P/E is 26x in the Luxury industry in China. Total loss to shareholders of 14% over the past three years. New Risk • Apr 27
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: 1.4% 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 Risks Earnings have declined by 14% per year over the past 5 years. High level of non-cash earnings (51% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (3.7% net profit margin). Announcement • Apr 23
Zhejiang Huilong New Materials Co.,Ltd. Proposes Final Cash Dividend for 2024 Zhejiang Huilong New Materials Co.,Ltd. announced on 22 April 2025 the profit distribution proposal for 2024 as follows: final Cash dividend/10 shares (tax included) of CNY 2.00. Reported Earnings • Apr 22
Full year 2024 earnings released: EPS: CN¥0.27 (vs CN¥0.45 in FY 2023) Full year 2024 results: EPS: CN¥0.27 (down from CN¥0.45 in FY 2023). Revenue: CN¥838.3m (up 4.3% from FY 2023). Net income: CN¥30.9m (down 40% from FY 2023). Profit margin: 3.7% (down from 6.4% in FY 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 29% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings. Announcement • Apr 22
Zhejiang Huilong New Materials Co.,Ltd., Annual General Meeting, May 14, 2025 Zhejiang Huilong New Materials Co.,Ltd., Annual General Meeting, May 14, 2025, at 14:00 China Standard Time. Location: No. 777, Hanghai Road, Yuyue Town, Deqing County, Huzhou, Zhejiang China New Risk • Apr 07
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 8.3% 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: Major Risks Earnings have declined by 13% per year over the past 5 years. High level of non-cash earnings (44% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (8.3% average weekly change). Profit margins are more than 30% lower than last year (4.3% net profit margin). Announcement • Mar 31
Zhejiang Huilong New Materials Co.,Ltd. to Report Q1, 2025 Results on Apr 28, 2025 Zhejiang Huilong New Materials Co.,Ltd. announced that they will report Q1, 2025 results on Apr 28, 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 31
Zhejiang Huilong New Materials Co.,Ltd. to Report Fiscal Year 2024 Results on Apr 22, 2025 Zhejiang Huilong New Materials Co.,Ltd. announced that they will report fiscal year 2024 results on Apr 22, 2025 Reported Earnings • Oct 30
Third quarter 2024 earnings released: EPS: CN¥0.048 (vs CN¥0.098 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.048 (down from CN¥0.098 in 3Q 2023). Revenue: CN¥199.8m (up 1.6% from 3Q 2023). Net income: CN¥5.53m (down 53% from 3Q 2023). Profit margin: 2.8% (down from 6.0% in 3Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 35% 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. Valuation Update With 7 Day Price Move • Oct 15
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to CN¥13.29, the stock trades at a trailing P/E ratio of 36.8x. Average trailing P/E is 21x in the Luxury industry in China. Total loss to shareholders of 32% over the past three years. Announcement • Sep 30
Zhejiang Huilong New Materials Co.,Ltd. to Report Q3, 2024 Results on Oct 30, 2024 Zhejiang Huilong New Materials Co.,Ltd. announced that they will report Q3, 2024 results on Oct 30, 2024 Valuation Update With 7 Day Price Move • Sep 30
Investor sentiment improves as stock rises 25% After last week's 25% share price gain to CN¥14.20, the stock trades at a trailing P/E ratio of 39.3x. Average trailing P/E is 21x in the Luxury industry in China. Total loss to shareholders of 23% over the past three years. Buy Or Sell Opportunity • Sep 24
Now 23% overvalued after recent price rise Over the last 90 days, the stock has risen 1.6% to CN¥11.73. The fair value is estimated to be CN¥9.52, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Earnings per share has declined by 36%. Reported Earnings • Aug 31
Second quarter 2024 earnings released: EPS: CN¥0.091 (vs CN¥0.16 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.091 (down from CN¥0.16 in 2Q 2023). Revenue: CN¥249.0m (up 16% from 2Q 2023). Net income: CN¥10.4m (down 45% from 2Q 2023). Profit margin: 4.2% (down from 8.8% in 2Q 2023). The decrease in margin was driven by higher expenses. Buy Or Sell Opportunity • Aug 28
Now 23% overvalued Over the last 90 days, the stock has fallen 5.4% to CN¥11.75. The fair value is estimated to be CN¥9.52, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 22% over the last year. Earnings per share has grown by 22%. Buy Or Sell Opportunity • Aug 08
Now 20% overvalued Over the last 90 days, the stock has fallen 12% to CN¥11.45. The fair value is estimated to be CN¥9.52, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 22% over the last year. Earnings per share has grown by 22%. Announcement • Jun 29
Zhejiang Huilong New Materials Co.,Ltd. to Report First Half, 2024 Results on Aug 30, 2024 Zhejiang Huilong New Materials Co.,Ltd. announced that they will report first half, 2024 results on Aug 30, 2024 Announcement • Jun 19
Zhejiang Huilong New Materials Co.,Ltd. Announces Final Profit Distribution on A Shares for the Year 2023, Payable on 25 June 2024 Zhejiang Huilong New Materials Co.,Ltd. announced final profit distribution plan to be implemented on A shares cash dividend/10 shares (tax included) of CNY 3.00540800 for the year 2023. Record date: 24 June 2024. Ex-date: 25 June 2024. Payment date: 25 June 2024. Valuation Update With 7 Day Price Move • May 24
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to CN¥12.54, the stock trades at a trailing P/E ratio of 28.9x. Average trailing P/E is 22x in the Luxury industry in China. Total loss to shareholders of 33% over the past year. Reported Earnings • May 01
First quarter 2024 earnings released: EPS: CN¥0.07 (vs CN¥0.09 in 1Q 2023) First quarter 2024 results: EPS: CN¥0.07 (down from CN¥0.09 in 1Q 2023). Revenue: CN¥156.6m (down 1.1% from 1Q 2023). Net income: CN¥8.53m (down 9.8% from 1Q 2023). Profit margin: 5.4% (down from 6.0% in 1Q 2023). New Risk • May 01
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 33% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 117% Paying a dividend despite having no free cash flows. Earnings have declined by 11% per year over the past 5 years. High level of non-cash earnings (33% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (12% average weekly change). Shareholders have been diluted in the past year (5.0% increase in shares outstanding). Announcement • Apr 30
Zhejiang Huilong New Materials Co.,Ltd., Annual General Meeting, May 20, 2024 Zhejiang Huilong New Materials Co.,Ltd., Annual General Meeting, May 20, 2024, at 14:00 China Standard Time. Location: The Company's Meeting Room, Huzhou, Zhejiang China New Risk • Apr 17
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 13% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (13% average weekly change). Earnings have declined by 2.6% per year over the past 5 years. High level of non-cash earnings (31% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Shareholders have been diluted in the past year (6.0% increase in shares outstanding). Valuation Update With 7 Day Price Move • Apr 16
Investor sentiment deteriorates as stock falls 20% After last week's 20% share price decline to CN¥10.33, the stock trades at a trailing P/E ratio of 25.6x. Average trailing P/E is 23x in the Luxury industry in China. Total loss to shareholders of 41% over the past year. Announcement • Mar 30
Zhejiang Huilong New Materials Co.,Ltd. to Report Q1, 2024 Results on Apr 29, 2024 Zhejiang Huilong New Materials Co.,Ltd. announced that they will report Q1, 2024 results on Apr 29, 2024 New Risk • Feb 08
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 8.9% 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 Risks Earnings have declined by 2.6% per year over the past 5 years. High level of non-cash earnings (31% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (8.9% average weekly change). Shareholders have been diluted in the past year (6.1% increase in shares outstanding). Valuation Update With 7 Day Price Move • Feb 06
Investor sentiment deteriorates as stock falls 31% After last week's 31% share price decline to CN¥9.40, the stock trades at a trailing P/E ratio of 23.3x. Average trailing P/E is 21x in the Luxury industry in China. Total loss to shareholders of 54% over the past year. Valuation Update With 7 Day Price Move • Jan 23
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to CN¥13.73, the stock trades at a trailing P/E ratio of 34x. Average trailing P/E is 27x in the Luxury industry in China. Total loss to shareholders of 32% over the past year. Announcement • Dec 30
Zhejiang Huilong New Materials Co.,Ltd. to Report Fiscal Year 2023 Results on Apr 23, 2024 Zhejiang Huilong New Materials Co.,Ltd. announced that they will report fiscal year 2023 results on Apr 23, 2024 Reported Earnings • Nov 01
Third quarter 2023 earnings released: EPS: CN¥0.098 (vs CN¥0.057 in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.098 (up from CN¥0.057 in 3Q 2022). Revenue: CN¥196.8m (up 29% from 3Q 2022). Net income: CN¥11.7m (up 81% from 3Q 2022). Profit margin: 6.0% (up from 4.2% in 3Q 2022). The increase in margin was driven by higher revenue. Announcement • Sep 30
Zhejiang Huilong New Materials Co.,Ltd. to Report Q3, 2023 Results on Oct 30, 2023 Zhejiang Huilong New Materials Co.,Ltd. announced that they will report Q3, 2023 results on Oct 30, 2023 Announcement • Sep 21
Zhejiang Huilong New Materials Co.,Ltd. Announces Interim Dividend on Share A for 2023, Payable on September 27, 2023 Zhejiang Huilong New Materials Co.,Ltd. announced interim Cash dividend/10 shares (tax included): CNY 2.00000000 on share A for year 2023. Record date: 26 September 2023, Ex-date: 27 September 2023 and Payment date: 27 September 2023. Announcement • Sep 17
Zhejiang Huilong New Materials Co.,Ltd. Approves 2023 Interim Profit Distribution Plan Zhejiang Huilong New Materials Co.,Ltd. at its 4th Extraordinary General Meeting of 2023 on 14 September 2023 approved 2023 interim profit distribution plan. Cash dividend/10 shares (tax included): CNY 2.00000000. Announcement • Aug 30
Zhejiang Huilong New Materials Co.,Ltd. Proposes Dividend for the First Half of 2023 Zhejiang Huilong New Materials Co.,Ltd. proposed Cash dividend/10 shares (tax included): CNY 2.00000000 for the first half of 2023. Announcement • Aug 22
Zhejiang Huilong New Materials Co.,Ltd. Announces Board Appointments Zhejiang Huilong New Materials Co.,Ltd. held its 3rd Extraordinary General Meeting of 2023 on 18 August 2023, announced the appointment of Zhu Guoying as non-independent directors. Chen Gang, Wang Chaosheng as independent directors. Zhou Yu and Zhang Yanyan as non-employee supervisors. New Risk • Jun 09
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 8.2% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks Profit margins are more than 30% lower than last year (5.7% net profit margin). Shareholders have been diluted in the past year (8.2% increase in shares outstanding). Announcement • May 25
Zhejiang Huilong New Materials Co.,Ltd., Annual General Meeting, Jun 14, 2023 Zhejiang Huilong New Materials Co.,Ltd., Annual General Meeting, Jun 14, 2023, at 14:00 China Standard Time. Agenda: To consider 2022 work report of the board of directors; to consider 2022 work report of the supervisory committee; to consider 2022 annual report and its summary; to consider 2022 annual accounts; to consider 2022 profit distribution plan; to consider Reappointment of 2023 audit firm; and to consider other matters. Reported Earnings • Apr 01
Full year 2022 earnings released: EPS: CN¥0.37 (vs CN¥0.81 in FY 2021) Full year 2022 results: EPS: CN¥0.37 (down from CN¥0.81 in FY 2021). Revenue: CN¥615.2m (flat on FY 2021). Net income: CN¥40.6m (down 44% from FY 2021). Profit margin: 6.6% (down from 12% in FY 2021). Board Change • Nov 16
Less than half of directors are independent There are 4 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 4 new directors. No experienced directors. 4 highly experienced directors. 2 independent directors (3 non-independent directors). Chairman of the Supervisory Board Yan Wu is the most experienced director on the board, commencing their role in 2014. Independent Director Zhuokai Ye was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of experienced directors. Reported Earnings • Oct 27
Third quarter 2022 earnings released: EPS: CN¥0.057 (vs CN¥0.23 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.057 (down from CN¥0.23 in 3Q 2021). Revenue: CN¥152.7m (down 2.2% from 3Q 2021). Net income: CN¥6.47m (down 66% from 3Q 2021). Profit margin: 4.2% (down from 12% in 3Q 2021). The decrease in margin was primarily driven by higher expenses. Announcement • May 24
Zhejiang Huilong New Materials Co.,Ltd. Announces Cash Dividend (A Shares) for 2021, Payable on 27 May 2022 Zhejiang Huilong New Materials Co.,Ltd. announced Cash dividend per 10 shares (tax included) of CNY 2.00000000 (A shares) for 2021, payable on 27 May 2022. Record date is 26 May 2022 and Ex-date is 27 May 2022. Announcement • May 18
Zhejiang Huilong New Materials Co.,Ltd. Approves Cash Dividend for the Year 2021 Zhejiang Huilong New Materials Co.,Ltd. announced that in its AGM held on 13 May 2022, approved Cash dividend/10 shares (tax included): CNY 2.00000000. Reported Earnings • Apr 27
First quarter 2022 earnings released: EPS: CN¥0.11 (vs CN¥0.34 in 1Q 2021) First quarter 2022 results: EPS: CN¥0.11 (down from CN¥0.34 in 1Q 2021). Revenue: CN¥113.4m (down 35% from 1Q 2021). Net income: CN¥12.4m (down 55% from 1Q 2021). Profit margin: 11% (down from 16% in 1Q 2021). The decrease in margin was driven by lower revenue. Announcement • Apr 24
Zhejiang Huilong New Materials Co.,Ltd., Annual General Meeting, May 13, 2022 Zhejiang Huilong New Materials Co.,Ltd., Annual General Meeting, May 13, 2022, at 14:00 China Standard Time. Agenda: To consider 2021 annual report and its summary; to consider 2021 work report of the board of directors; to consider 2021 work report of the supervisory committee; to consider 2021 annual accounts; to consider 2021 profit distribution plan; to consider reappointment of 2022 audit firm; other to consider other matters. Announcement • Apr 22
Zhejiang Huilong New Materials Co.,Ltd. Announces Profit Distribution Proposal for 2021 Zhejiang Huilong New Materials Co.,Ltd. announced profit distribution proposal for 2021 of CNY 2.00000000 per 10 shares. Reported Earnings • Mar 04
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: EPS: CN¥0.81 (down from CN¥0.82 in FY 2020). Revenue: CN¥613.5m (up 13% from FY 2020). Net income: CN¥72.2m (up 7.9% from FY 2020). Profit margin: 12% (in line with FY 2020). Revenue was in line with analyst estimates. 
