Reported Earnings • 4h
Second quarter 2026 earnings released: EPS: CN¥0.46 (vs CN¥0.56 in 2Q 2025) Second quarter 2026 results: EPS: CN¥0.46 (down from CN¥0.56 in 2Q 2025). Revenue: CN¥5.53b (down 2.9% from 2Q 2025). Net income: CN¥362.3m (down 18% from 2Q 2025). Profit margin: 6.6% (down from 7.8% in 2Q 2025). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 4.0% p.a. on average during the next 3 years, compared to a 9.3% growth forecast for the Consumer Durables industry in China. Over the last 3 years on average, earnings per share has remained flat whereas the company’s share price has fallen by 3% per year. Announcement • Jun 30
Zhejiang Supor Co., Ltd. to Report First Half, 2026 Results on Aug 28, 2026 Zhejiang Supor Co., Ltd. announced that they will report first half, 2026 results on Aug 28, 2026 Declared Dividend • May 23
Dividend reduced to CN¥2.63 Dividend of CN¥2.63 is 6.4% lower than last year. Ex-date: 28th May 2026 Payment date: 28th May 2026 Dividend yield will be 5.3%, which is higher than the industry average of 3.7%. Sustainability & Growth Dividend is not adequately covered by earnings (99% earnings payout ratio) nor is it adequately covered by cash flows (94% cash payout ratio). The dividend has increased by an average of 20% 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 11% to bring the payout ratio under control. EPS is expected to grow by 20% over the next 3 years, which is sufficient to bring the dividend into a sustainable range. Board Change • May 20
Less than half of directors are independent There are 5 new directors who have joined the board in the last 3 years. Of these new board members, 3 were independent directors. The company's board is composed of: 3 independent directors. 5 non-independent directors. Independent Director Baoqing Wang was the last independent director to join the board, commencing their role in 2026. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Announcement • Apr 02
Zhejiang Supor Co., Ltd., Annual General Meeting, Apr 23, 2026 Zhejiang Supor Co., Ltd., Annual General Meeting, Apr 23, 2026, at 14:00 China Standard Time. Location: 23F, No. 1772, Jianghui Road, Binjiang District, Hangzhou, Zhejiang China Announcement • Mar 31
Zhejiang Supor Co., Ltd. to Report Q1, 2026 Results on Apr 24, 2026 Zhejiang Supor Co., Ltd. announced that they will report Q1, 2026 results on Apr 24, 2026 Announcement • Dec 31
Zhejiang Supor Co., Ltd. to Report Fiscal Year 2025 Results on Apr 03, 2026 Zhejiang Supor Co., Ltd. announced that they will report fiscal year 2025 results on Apr 03, 2026 Announcement • Sep 30
Zhejiang Supor Co., Ltd. to Report Q3, 2025 Results on Oct 24, 2025 Zhejiang Supor Co., Ltd. announced that they will report Q3, 2025 results on Oct 24, 2025 Announcement • Jul 02
Zhejiang Supor Co., Ltd. to Report First Half, 2025 Results on Aug 29, 2025 Zhejiang Supor Co., Ltd. announced that they will report first half, 2025 results on Aug 29, 2025 Announcement • Mar 31
Zhejiang Supor Co., Ltd. to Report Q1, 2025 Results on Apr 25, 2025 Zhejiang Supor Co., Ltd. announced that they will report Q1, 2025 results on Apr 25, 2025 Announcement • Mar 29
Zhejiang Supor Co., Ltd. Proposes Final Cash Dividend for the Year 2024 Zhejiang Supor Co., Ltd. proposed final cash dividend of CNY 28.10000000 per 10 shares (tax included) for 2024. Announcement • Mar 28
Zhejiang Supor Co., Ltd., Annual General Meeting, Apr 21, 2025 Zhejiang Supor Co., Ltd., Annual General Meeting, Apr 21, 2025, at 14:00 China Standard Time. Location: 23F, No. 1772, Jianghui Road, Binjiang District, Hangzhou, Zhejiang China Announcement • Dec 31
Zhejiang Supor Co., Ltd. to Report Fiscal Year 2024 Results on Mar 28, 2025 Zhejiang Supor Co., Ltd. announced that they will report fiscal year 2024 results on Mar 28, 2025 Reported Earnings • Oct 25
Third quarter 2024 earnings released: EPS: CN¥0.62 (vs CN¥0.60 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.62 (up from CN¥0.60 in 3Q 2023). Revenue: CN¥5.55b (up 3.0% from 3Q 2023). Net income: CN¥492.3m (up 2.2% from 3Q 2023). Profit margin: 8.9% (in line with 3Q 2023). Revenue is forecast to grow 6.1% p.a. on average during the next 3 years, compared to a 8.0% growth forecast for the Consumer Durables industry in China. Over the last 3 years on average, earnings per share has increased by 5% per year whereas the company’s share price has increased by 1% per year. Buy Or Sell Opportunity • Sep 30
Now 23% overvalued after recent price rise Over the last 90 days, the stock has risen 20% to CN¥58.52. The fair value is estimated to be CN¥47.51, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 4.3%. For the next 3 years, revenue is forecast to grow by 5.9% per annum. Earnings are also forecast to grow by 7.4% per annum over the same time period. Announcement • Sep 30
Zhejiang Supor Co., Ltd. to Report Q3, 2024 Results on Oct 25, 2024 Zhejiang Supor Co., Ltd. announced that they will report Q3, 2024 results on Oct 25, 2024 Reported Earnings • Aug 31
Second quarter 2024 earnings released: EPS: CN¥0.59 (vs CN¥0.55 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.59 (up from CN¥0.55 in 2Q 2023). Revenue: CN¥5.59b (up 11% from 2Q 2023). Net income: CN¥471.0m (up 6.4% from 2Q 2023). Profit margin: 8.4% (down from 8.8% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 6.1% p.a. on average during the next 3 years, compared to a 8.4% growth forecast for the Consumer Durables industry in China. Over the last 3 years on average, earnings per share has increased by 4% per year whereas the company’s share price has increased by 1% per year. Reported Earnings • Jul 25
Second quarter 2024 earnings released: EPS: CN¥0.59 (vs CN¥0.55 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.59 (up from CN¥0.55 in 2Q 2023). Revenue: CN¥5.59b (up 11% from 2Q 2023). Net income: CN¥471.0m (up 6.4% from 2Q 2023). Profit margin: 8.4% (down from 8.8% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 6.6% p.a. on average during the next 3 years, compared to a 8.7% growth forecast for the Consumer Durables industry in China. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Buy Or Sell Opportunity • Jul 01
Now 15% overvalued Over the last 90 days, the stock has fallen 13% to CN¥50.26. The fair value is estimated to be CN¥43.69, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 3.2%. Revenue is forecast to grow by 14% in 2 years. Earnings are forecast to grow by 18% in the next 2 years. Announcement • Jun 29
Zhejiang Supor Co., Ltd. to Report First Half, 2024 Results on Aug 30, 2024 Zhejiang Supor Co., Ltd. announced that they will report first half, 2024 results on Aug 30, 2024 Buy Or Sell Opportunity • Jun 25
Now 21% overvalued Over the last 90 days, the stock has fallen 9.5% to CN¥50.90. The fair value is estimated to be CN¥42.17, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 3.2%. Revenue is forecast to grow by 15% in 2 years. Earnings are forecast to grow by 18% in the next 2 years. Declared Dividend • May 23
Dividend of CN¥2.73 announced Shareholders will receive a dividend of CN¥2.73. Ex-date: 28th May 2024 Payment date: 28th May 2024 Dividend yield will be 4.8%, which is higher than the industry average of 3.7%. Sustainability & Growth Dividend is not adequately covered by earnings (99% earnings payout ratio) nor is it adequately covered by cash flows (99% cash payout ratio). The dividend has increased by an average of 27% 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 9.7% to bring the payout ratio under control. EPS is expected to grow by 26% over the next 3 years, which is sufficient to bring the dividend into a sustainable range. Announcement • Apr 28
Zhejiang Supor Co., Ltd. Approves Final Cash Dividend for the Year 2023 Zhejiang Supor Co., Ltd. at its AGM held on April 25, 2024 approved the profit distribution final cash dividend/10 shares (tax included) of CNY 27.30000000 for 2023. Announcement • Apr 03
Zhejiang Supor Co., Ltd. Proposes Final Cash Dividend for the Year 2023 Zhejiang Supor Co., Ltd. announced on April 1, 2024 the profit distribution proposal for 2023 and proposed final cash dividend/10 shares (tax included) of CNY 27.30000000. Reported Earnings • Mar 31
Full year 2023 earnings released: EPS: CN¥2.72 (vs CN¥2.57 in FY 2022) Full year 2023 results: EPS: CN¥2.72 (up from CN¥2.57 in FY 2022). Revenue: CN¥21.3b (up 5.6% from FY 2022). Net income: CN¥2.18b (up 5.4% from FY 2022). Profit margin: 10% (in line with FY 2022). Revenue is forecast to grow 8.0% p.a. on average during the next 3 years, compared to a 10.0% growth forecast for the Consumer Durables industry in China. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings. Reported Earnings • Feb 23
Full year 2023 earnings released: EPS: CN¥2.73 (vs CN¥2.57 in FY 2022) Full year 2023 results: EPS: CN¥2.73 (up from CN¥2.57 in FY 2022). Revenue: CN¥21.3b (up 5.6% from FY 2022). Net income: CN¥2.18b (up 5.4% from FY 2022). Profit margin: 10% (in line with FY 2022). Revenue is forecast to grow 8.2% p.a. on average during the next 2 years, compared to a 9.9% growth forecast for the Consumer Durables industry in China. Over the last 3 years on average, earnings per share has increased by 3% 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 • Feb 08
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to CN¥57.91, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 13x in the Consumer Durables industry in China. Total loss to shareholders of 18% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥44.91 per share. Buy Or Sell Opportunity • Jan 24
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 8.2% to CN¥50.50. The fair value is estimated to be CN¥41.70, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 3.8%. Revenue is forecast to grow by 23% in 2 years. Earnings are forecast to grow by 24% in the next 2 years. Announcement • Dec 29
Zhejiang Supor Co., Ltd. to Report Fiscal Year 2023 Results on Mar 30, 2024 Zhejiang Supor Co., Ltd. announced that they will report fiscal year 2023 results on Mar 30, 2024 Reported Earnings • Oct 27
Third quarter 2023 earnings released: EPS: CN¥0.60 (vs CN¥0.47 in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.60 (up from CN¥0.47 in 3Q 2022). Revenue: CN¥5.38b (up 16% from 3Q 2022). Net income: CN¥481.6m (up 28% from 3Q 2022). Profit margin: 8.9% (up from 8.1% in 3Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 9.9% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Consumer Durables industry in China. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings. Reported Earnings • Aug 31
Second quarter 2023 earnings released: EPS: CN¥0.55 (vs CN¥0.49 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.55 (up from CN¥0.49 in 2Q 2022). Revenue: CN¥5.02b (up 6.5% from 2Q 2022). Net income: CN¥442.7m (up 12% from 2Q 2022). Profit margin: 8.8% (up from 8.4% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Consumer Durables industry in China. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has fallen by 17% per year, which means it is significantly lagging earnings. Reported Earnings • Jul 28
Second quarter 2023 earnings released: EPS: CN¥0.55 (vs CN¥0.49 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.55 (up from CN¥0.49 in 2Q 2022). Revenue: CN¥5.02b (up 6.5% from 2Q 2022). Net income: CN¥442.7m (up 12% from 2Q 2022). Profit margin: 8.8% (up from 8.4% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Consumer Durables industry in China. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has fallen by 16% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • May 31
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to CN¥44.71, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 15x in the Consumer Durables industry in China. Total loss to shareholders of 21% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥33.74 per share. Announcement • May 20
Zhejiang Supor Co., Ltd. Announces Final Dividend on A Shares for the Year 2022, Payable on May 26, 2023 Zhejiang Supor Co., Ltd. announced final cash dividend/10 shares (tax included) of CNY 30.30000000 on A shares for the year 2022. Record date is May 25, 2023. Ex-date is May 26, 2023. Payment date is May 26, 2023. Reported Earnings • Apr 01
Full year 2022 earnings released: EPS: CN¥2.57 (vs CN¥2.40 in FY 2021) Full year 2022 results: EPS: CN¥2.57 (up from CN¥2.40 in FY 2021). Revenue: CN¥20.2b (down 6.6% from FY 2021). Net income: CN¥2.07b (up 6.4% from FY 2021). Profit margin: 10% (up from 9.0% in FY 2021). The increase in margin was driven by lower expenses. Revenue is forecast to grow 9.6% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Consumer Durables industry in China. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings. Reported Earnings • Feb 24
Full year 2022 earnings released: EPS: CN¥2.57 (vs CN¥2.40 in FY 2021) Full year 2022 results: EPS: CN¥2.57 (up from CN¥2.40 in FY 2021). Revenue: CN¥20.2b (down 6.6% from FY 2021). Net income: CN¥2.07b (up 6.4% from FY 2021). Profit margin: 10% (up from 9.0% in FY 2021). The increase in margin was driven by lower expenses. Revenue is forecast to grow 10% p.a. on average during the next 2 years, compared to a 11% growth forecast for the Consumer Durables industry in China. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings. Board Change • Nov 16
Less than half of directors are independent There are 7 new directors who have joined the board in the last 3 years. Of these new board members, 3 were independent directors. The company's board is composed of: 7 new directors. 1 experienced director. 4 highly experienced directors. 3 independent directors (6 non-independent directors). Employee Representative Member of Supervisory Board Jun Zhang is the most experienced director on the board, commencing their role in 2011. Independent Director Jun Chen 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 board continuity. Lack of experienced directors. Reported Earnings • Oct 25
Third quarter 2022 earnings released: EPS: CN¥0.47 (vs CN¥0.45 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.47 (up from CN¥0.45 in 3Q 2021). Revenue: CN¥4.66b (down 11% from 3Q 2021). Net income: CN¥376.1m (flat on 3Q 2021). Profit margin: 8.1% (up from 7.2% in 3Q 2021). The increase in margin was driven by lower expenses. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Consumer Durables industry in China. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 18% per year, which means it is significantly lagging earnings. Buying Opportunity • Aug 03
Now 22% undervalued after recent price drop Over the last 90 days, the stock is down 17%. The fair value is estimated to be CN¥57.19, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.8% over the last 3 years. Earnings per share has grown by 5.3%. Revenue is forecast to grow by 24% in 2 years. Earnings is forecast to grow by 33% in the next 2 years. Reported Earnings • Jul 23
Second quarter 2022 earnings released: EPS: CN¥0.49 (vs CN¥0.45 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.49 (up from CN¥0.45 in 2Q 2021). Revenue: CN¥4.71b (down 11% from 2Q 2021). Net income: CN¥394.7m (up 9.4% from 2Q 2021). Profit margin: 8.4% (up from 6.8% in 2Q 2021). The increase in margin was driven by lower expenses. Over the next year, revenue is forecast to grow 13%, compared to a 14% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings. Buying Opportunity • Jul 16
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 1.8%. The fair value is estimated to be CN¥65.42, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.6% over the last 3 years. Earnings per share has grown by 5.4%. Revenue is forecast to grow by 22% in 2 years. Earnings is forecast to grow by 35% in the next 2 years. Reported Earnings • Apr 30
First quarter 2022 earnings released: EPS: CN¥0.67 (vs CN¥0.62 in 1Q 2021) First quarter 2022 results: EPS: CN¥0.67 (up from CN¥0.62 in 1Q 2021). Revenue: CN¥5.61b (up 9.3% from 1Q 2021). Net income: CN¥538.2m (up 6.6% from 1Q 2021). Profit margin: 9.6% (in line with 1Q 2021). Over the next year, revenue is forecast to grow 11%, compared to a 14% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings. Board Change • Apr 27
Less than half of directors are independent There are 6 new directors who have joined the board in the last 3 years. Of these new board members, 3 were independent directors. The company's board is composed of: 3 independent directors. 6 non-independent directors. Independent director Jun Chen 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 board continuity. Reported Earnings • Apr 01
Full year 2021 earnings released: EPS: CN¥2.40 (vs CN¥2.25 in FY 2020) Full year 2021 results: EPS: CN¥2.40 (up from CN¥2.25 in FY 2020). Revenue: CN¥21.6b (up 16% from FY 2020). Net income: CN¥1.94b (up 5.3% from FY 2020). Profit margin: 9.0% (in line with FY 2020). Over the next year, revenue is forecast to grow 10%, compared to a 15% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings. Reported Earnings • Feb 27
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: EPS: CN¥2.40 (up from CN¥2.25 in FY 2020). Revenue: CN¥21.6b (up 16% from FY 2020). Net income: CN¥1.94b (up 5.3% from FY 2020). Profit margin: 9.0% (in line with FY 2020). Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 12%, compared to a 15% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Nov 03
Investor sentiment improved over the past week After last week's 18% share price gain to CN¥53.43, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 16x in the Consumer Durables industry in China. Total returns to shareholders of 12% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥44.77 per share. Reported Earnings • Oct 28
Third quarter 2021 earnings released: EPS CN¥0.45 (vs CN¥0.50 in 3Q 2020) The company reported a soft third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: CN¥5.23b (up 2.2% from 3Q 2020). Net income: CN¥375.4m (down 9.4% from 3Q 2020). Profit margin: 7.2% (down from 8.1% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Reported Earnings • Aug 28
Second quarter 2021 earnings released: EPS CN¥0.45 (vs CN¥0.44 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¥5.30b (up 15% from 2Q 2020). Net income: CN¥360.8m (flat on 2Q 2020). Profit margin: 6.8% (down from 7.8% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Reported Earnings • Jul 24
Second quarter 2021 earnings released: EPS CN¥0.44 (vs CN¥0.44 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¥5.30b (up 15% from 2Q 2020). Net income: CN¥360.8m (flat on 2Q 2020). Profit margin: 6.8% (down from 7.8% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 8% 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 • Apr 26
First quarter 2021 earnings released: EPS CN¥0.62 (vs CN¥0.37 in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: CN¥5.14b (up 43% from 1Q 2020). Net income: CN¥504.8m (up 65% from 1Q 2020). Profit margin: 9.8% (up from 8.6% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 9% per year whereas the company’s share price has increased by 14% per year. Reported Earnings • Apr 02
Full year 2020 earnings released: EPS CN¥2.25 (vs CN¥2.35 in FY 2019) The company reported a poor full year result with weaker earnings and revenues, although profit margins were flat. Full year 2020 results: Revenue: CN¥18.6b (down 6.3% from FY 2019). Net income: CN¥1.85b (down 3.8% from FY 2019). Profit margin: 9.9% (in line with FY 2019). Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has increased by 18% per year, which means it is tracking significantly ahead of earnings growth. Is New 90 Day High Low • Mar 06
New 90-day low: CN¥69.30 The company is down 4.0% from its price of CN¥72.17 on 04 December 2020. The Chinese market is up 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Consumer Durables industry, which is up 1.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥38.82 per share. Is New 90 Day High Low • Jan 07
New 90-day high: CN¥80.10 The company is up 4.0% from its price of CN¥77.00 on 09 October 2020. The Chinese market is up 11% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Consumer Durables industry, which is up 22% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥38.35 per share. Analyst Estimate Surprise Post Earnings • Oct 28
Third-quarter earnings released: Revenue misses expectations Third-quarter revenue missed analyst estimates by 3.7% at CN¥5.12b. Revenue is forecast to grow 18% over the next year, compared to a 16% growth forecast for the Consumer Durables industry in China. Reported Earnings • Oct 28
Third quarter earnings released Over the last 12 months the company has reported total profits of CN¥1.75b, down 3.4% from the prior year. Total revenue was CN¥18.3b over the last 12 months, down 5.7% from the prior year. Is New 90 Day High Low • Oct 11
New 90-day low: CN¥77.00 The company is down 5.0% from its price of CN¥81.39 on 13 July 2020. The Chinese market is down 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Consumer Durables industry, which is up 6.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥36.59 per share.