Declared Dividend • May 29
Dividend increased to CN¥0.06 Dividend of CN¥0.06 is 50% higher than last year. Ex-date: 3rd June 2026 Payment date: 3rd June 2026 Dividend yield will be 1.6%, which is lower than the industry average of 2.0%. Sustainability & Growth Dividend is covered by earnings (53% 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 decreased over the past 10 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to decline by 42% to shift the payout ratio to a potentially unsustainable range, which is more than the 10% EPS decline seen over the last 5 years. Announcement • May 29
Yotrio Group Co., Ltd. Announces 2025 Final Profit Distribution Plan on A Shares, Payable on 03 June 2026 Yotrio Group Co., Ltd. announced 2025 final profit distribution plan to be implemented (A shares): Cash dividend/10 shares (tax included): CNY 0.60000000. Record date: 02 June 2026. Ex-date: 03 June 2026. Payment date: 03 June 2026. Board Change • May 20
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 5 non-independent directors. Independent Director Fengjun Sun was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Apr 21
Yotrio Group Co., Ltd., Annual General Meeting, May 15, 2026 Yotrio Group Co., Ltd., Annual General Meeting, May 15, 2026, at 14:45 China Standard Time. Location: The Company's Meeting Room, Linhai, Zhejiang China Announcement • Mar 31
Yotrio Group Co., Ltd. to Report Q1, 2026 Results on Apr 30, 2026 Yotrio Group Co., Ltd. announced that they will report Q1, 2026 results on Apr 30, 2026 Announcement • Dec 31
Yotrio Group Co., Ltd. to Report Fiscal Year 2025 Results on Apr 21, 2026 Yotrio Group Co., Ltd. announced that they will report fiscal year 2025 results on Apr 21, 2026 Announcement • Sep 30
Yotrio Group Co., Ltd. to Report Q3, 2025 Results on Oct 31, 2025 Yotrio Group Co., Ltd. announced that they will report Q3, 2025 results on Oct 31, 2025 Announcement • Jul 02
Yotrio Group Co., Ltd. to Report First Half, 2025 Results on Aug 26, 2025 Yotrio Group Co., Ltd. announced that they will report first half, 2025 results on Aug 26, 2025 Announcement • Apr 23
Yotrio Group Co., Ltd. Proposes Final Cash Dividend for the Year 2024 Yotrio Group Co., Ltd. announced on 22 April 2025 the profit distribution proposal for 2024 as follows: Cash dividend (tax included): CNY 0.40000000 per ten shares. Announcement • Apr 22
Yotrio Group Co., Ltd., Annual General Meeting, May 15, 2025 Yotrio Group Co., Ltd., Annual General Meeting, May 15, 2025, at 14:45 China Standard Time. Location: The Company's Meeting Room, Linhai, Zhejiang China Announcement • Mar 31
Yotrio Group Co., Ltd. to Report Q1, 2025 Results on Apr 30, 2025 Yotrio Group Co., Ltd. announced that they will report Q1, 2025 results on Apr 30, 2025 Announcement • Dec 31
Yotrio Group Co., Ltd. to Report Fiscal Year 2024 Results on Apr 22, 2025 Yotrio Group Co., Ltd. announced that they will report fiscal year 2024 results on Apr 22, 2025 Reported Earnings • Oct 31
Third quarter 2024 earnings released: CN¥0.009 loss per share (vs CN¥0.12 loss in 3Q 2023) Third quarter 2024 results: CN¥0.009 loss per share (improved from CN¥0.12 loss in 3Q 2023). Revenue: CN¥316.6m (up 63% from 3Q 2023). Net loss: CN¥20.8m (loss narrowed 90% from 3Q 2023). Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Oct 02
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to CN¥3.24, the stock trades at a trailing P/E ratio of 27x. Average trailing P/E is 26x in the Leisure industry in China. Total loss to shareholders of 12% over the past three years. Announcement • Sep 30
Yotrio Group Co., Ltd. to Report Q3, 2024 Results on Oct 31, 2024 Yotrio Group Co., Ltd. announced that they will report Q3, 2024 results on Oct 31, 2024 New Risk • Sep 17
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. Reported Earnings • Aug 27
Second quarter 2024 earnings released: EPS: CN¥0.11 (vs CN¥0.048 loss in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.11 (up from CN¥0.048 loss in 2Q 2023). Revenue: CN¥706.6m (up 51% from 2Q 2023). Net income: CN¥251.2m (up CN¥357.6m from 2Q 2023). Profit margin: 36% (up from net loss in 2Q 2023). Over the last 3 years on average, earnings per share has fallen by 21% 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 • Jun 29
Yotrio Group Co., Ltd. to Report First Half, 2024 Results on Aug 27, 2024 Yotrio Group Co., Ltd. announced that they will report first half, 2024 results on Aug 27, 2024 Declared Dividend • May 24
Dividend reduced to CN¥0.01 Dividend of CN¥0.01 is 50% lower than last year. Ex-date: 29th May 2024 Payment date: 29th May 2024 Dividend yield will be 0.4%, which is lower than the industry average of 2.0%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months. However, the dividend is well covered by cash flows (18% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. New Risk • Apr 30
New major risk - Revenue and earnings growth Earnings have declined by 28% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. This is currently the only risk that has been identified for the company. New Risk • Apr 23
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: 1.1% Last year net profit margin: 2.6% 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: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.1% net profit margin). Announcement • Apr 23
Yotrio Group Co., Ltd., Annual General Meeting, May 16, 2024 Yotrio Group Co., Ltd., Annual General Meeting, May 16, 2024, at 14:45 China Standard Time. Location: The Company's Meeting Room, Linhai, Zhejiang China Announcement • Mar 30
Yotrio Group Co., Ltd. to Report Q1, 2024 Results on Apr 30, 2024 Yotrio Group Co., Ltd. announced that they will report Q1, 2024 results on Apr 30, 2024 Valuation Update With 7 Day Price Move • Feb 02
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to CN¥2.44, the stock trades at a trailing P/E ratio of 34.3x. Average trailing P/E is 23x in the Leisure industry in China. Total loss to shareholders of 22% over the past three years. Buy Or Sell Opportunity • Jan 31
Now 23% undervalued after recent price drop Over the last 90 days, the stock has fallen 21% to CN¥2.54. The fair value is estimated to be CN¥3.29, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.2% over the last 3 years. Meanwhile, the company has become profitable. Announcement • Dec 30
Yotrio Group Co., Ltd. to Report Fiscal Year 2023 Results on Apr 23, 2024 Yotrio Group Co., Ltd. announced that they will report fiscal year 2023 results on Apr 23, 2024 Reported Earnings • Oct 29
Third quarter 2023 earnings released: CN¥0.12 loss per share (vs CN¥0.074 loss in 3Q 2022) Third quarter 2023 results: CN¥0.12 loss per share (further deteriorated from CN¥0.074 loss in 3Q 2022). Revenue: CN¥194.8m (down 69% from 3Q 2022). Net loss: CN¥217.4m (loss widened 62% from 3Q 2022). Over the last 3 years on average, earnings per share has fallen by 43% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings. Announcement • Sep 30
Yotrio Group Co., Ltd. to Report Q3, 2023 Results on Oct 28, 2023 Yotrio Group Co., Ltd. announced that they will report Q3, 2023 results at 3:00 PM, China Standard Time on Oct 28, 2023 Reported Earnings • Aug 29
Second quarter 2023 earnings released: CN¥0.05 loss per share (vs CN¥0.069 profit in 2Q 2022) Second quarter 2023 results: CN¥0.05 loss per share (down from CN¥0.069 profit in 2Q 2022). Revenue: CN¥468.7m (down 74% from 2Q 2022). Net loss: CN¥106.4m (down 175% from profit in 2Q 2022). Over the last 3 years on average, earnings per share has fallen by 51% 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. Announcement • May 18
Yotrio Group Co., Ltd. Announces Final Cash Dividend (Tax Included) for the Year 2022, Payable on 24 May 2023 Yotrio Group Co., Ltd. announced final cash dividend (tax included) for the year 2022 of CNY 0.20000000 per 10 shares. The dividend will be payable on 24 May 2023 with Record date of 23 May 2023 and Ex-date of 24 May 2023. Reported Earnings • Apr 11
Full year 2022 earnings released: EPS: CN¥0.10 (vs CN¥0.058 in FY 2021) Full year 2022 results: EPS: CN¥0.10 (up from CN¥0.058 in FY 2021). Revenue: CN¥8.22b (flat on FY 2021). Net income: CN¥216.8m (up 73% from FY 2021). Profit margin: 2.6% (up from 1.5% in FY 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 62 percentage points per year, which is a significant difference in performance. 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. 10 experienced directors. 2 highly experienced directors. 3 independent directors (6 non-independent directors). Independent Director Mei Ying Mao was the last independent director to join the board, commencing their role in 2019. 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: CN¥0.074 loss per share (vs CN¥0.053 loss in 3Q 2021) Third quarter 2022 results: CN¥0.074 loss per share (further deteriorated from CN¥0.053 loss in 3Q 2021). Revenue: CN¥619.2m (down 29% from 3Q 2021). Net loss: CN¥134.6m (loss widened 19% from 3Q 2021). Over the last 3 years on average, earnings per share has fallen by 60% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings. Reported Earnings • Aug 24
Second quarter 2022 earnings released: EPS: CN¥0.071 (vs CN¥0.10 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.071 (down from CN¥0.10 in 2Q 2021). Revenue: CN¥1.77b (up 21% from 2Q 2021). Net income: CN¥141.6m (down 37% from 2Q 2021). Profit margin: 8.0% (down from 15% in 2Q 2021). Over the last 3 years on average, earnings per share has fallen by 38% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings. Reported Earnings • May 02
First quarter 2022 earnings released: EPS: CN¥0.06 (vs CN¥0.11 in 1Q 2021) First quarter 2022 results: EPS: CN¥0.06 (down from CN¥0.11 in 1Q 2021). Revenue: CN¥3.15b (up 15% from 1Q 2021). Net income: CN¥137.2m (down 42% from 1Q 2021). Profit margin: 4.3% (down from 8.6% in 1Q 2021). Over the last 3 years on average, earnings per share has fallen by 12% 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. Valuation Update With 7 Day Price Move • Apr 28
Investor sentiment deteriorated over the past week After last week's 19% share price decline to CN¥3.19, the stock trades at a trailing P/E ratio of 55.3x. Average trailing P/E is 33x in the Leisure industry in China. Total loss to shareholders of 14% over the past three years. Board Change • Apr 27
Less than half of directors are independent Following the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 5 non-independent directors. Non-Independent Director Fei fei Cai was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Apr 19
Full year 2021 earnings released: EPS: CN¥0.06 (vs CN¥0.24 in FY 2020) Full year 2021 results: EPS: CN¥0.06 (down from CN¥0.24 in FY 2020). Revenue: CN¥8.15b (up 65% from FY 2020). Net income: CN¥125.2m (down 76% from FY 2020). Profit margin: 1.5% (down from 11% in FY 2020). Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Feb 19
Investor sentiment improved over the past week After last week's 25% share price gain to CN¥4.10, the stock trades at a trailing P/E ratio of 22.6x. Average trailing P/E is 39x in the Leisure industry in China. Total returns to shareholders of 50% over the past three years. Reported Earnings • Oct 31
Third quarter 2021 earnings released: CN¥0.053 loss per share (vs CN¥0.06 loss in 3Q 2020) The company reported a solid third quarter result with reduced losses, improved revenues and improved control over expenses. Third quarter 2021 results: Revenue: CN¥873.7m (up 156% from 3Q 2020). Net loss: CN¥113.1m (loss narrowed 8.8% from 3Q 2020). Over the last 3 years on average, earnings per share has increased by 47% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth. Reported Earnings • Aug 24
Second quarter 2021 earnings released: EPS CN¥0.10 (vs CN¥0.13 in 2Q 2020) The company reported a mediocre second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2021 results: Revenue: CN¥1.47b (up 59% from 2Q 2020). Net income: CN¥223.6m (down 20% from 2Q 2020). Profit margin: 15% (down from 30% 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 67% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. Reported Earnings • Apr 20
Full year 2020 earnings released: EPS CN¥0.24 (vs CN¥0.23 in FY 2019) The company reported a solid full year result with improved earnings and revenues, although profit margins were flat. Full year 2020 results: Revenue: CN¥4.95b (up 5.8% from FY 2019). Net income: CN¥530.2m (up 6.0% from FY 2019). Profit margin: 11% (in line with FY 2019). Over the last 3 years on average, earnings per share has increased by 89% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Reported Earnings • Mar 04
Full year 2020 earnings released: EPS CN¥0.24 (vs CN¥0.23 in FY 2019) The company reported a solid full year result with improved earnings and revenues, although profit margins were flat. Full year 2020 results: Revenue: CN¥4.96b (up 5.9% from FY 2019). Net income: CN¥530.5m (up 6.1% from FY 2019). Profit margin: 11% (in line with FY 2019). Over the last 3 years on average, earnings per share has increased by 89% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. Is New 90 Day High Low • Jan 29
New 90-day low: CN¥3.47 The company is down 16% from its price of CN¥4.15 on 30 October 2020. The Chinese market is up 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Leisure industry, which is down 1.0% over the same period. Is New 90 Day High Low • Jan 07
New 90-day low: CN¥3.76 The company is down 15% from its price of CN¥4.43 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 Leisure industry, which is up 1.0% over the same period. Is New 90 Day High Low • Dec 16
New 90-day low: CN¥4.05 The company is down 11% from its price of CN¥4.54 on 18 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 Leisure industry, which is down 5.0% over the same period. Reported Earnings • Oct 30
Third quarter earnings released Over the last 12 months the company has reported total profits of CN¥626.8m, up 73% from the prior year. Total revenue was CN¥4.93b over the last 12 months, up 2.9% from the prior year. Is New 90 Day High Low • Oct 30
New 90-day low: CN¥4.15 The company is down 15% from its price of CN¥4.89 on 31 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 Leisure industry, which is up 2.0% over the same period. Is New 90 Day High Low • Sep 30
New 90-day low: CN¥4.31 The company is down 1.0% from its price of CN¥4.34 on 02 July 2020. The Chinese market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Leisure industry, which is up 10.0% over the same period.