Announcement • Jun 30
Kidswant Digital Technology Co., Ltd. to Report First Half, 2026 Results on Aug 26, 2026 Kidswant Digital Technology Co., Ltd. announced that they will report first half, 2026 results on Aug 26, 2026 Valuation Update With 7 Day Price Move • Jun 08
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to CN¥7.82, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 15x in the Consumer Retailing industry in China. Total loss to shareholders of 37% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥14.26 per share. Declared Dividend • May 25
Dividend of CN¥0.055 announced Shareholders will receive a dividend of CN¥0.055. Ex-date: 28th May 2026 Payment date: 28th May 2026 Dividend yield will be 0.8%, which is lower than the industry average of 1.7%. Sustainability & Growth Dividend is well covered by both earnings (31% earnings payout ratio) and cash flows (12% cash payout ratio). The dividend has increased by an average of 39% per year over the past 4 years. However, payments have been volatile during that time. EPS is expected to grow by 109% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Board Change • May 20
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 6 experienced directors. No highly experienced directors. 3 independent directors (4 non-independent directors). Independent Director Chunyan Jiang was the last independent 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: Minority of independent directors. Insufficient board refreshment. Announcement • Apr 09
Kidswant Children Products Co.,Ltd. announced that it expects to receive CNY 300 million in funding Kidswant Children Products Co.,Ltd. has announced to issue Private Placement of not more than 30% of total share capital A Shares 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 CNY 300,000,000 on April 7, 2026. The transaction includes not more than 35 investors participation. The transaction has been approved by Board of directors at 7th Meeting of the 4th Directorate and is subject to the approval of shareholders. All the securities issued pursuant to the offering are subject to hold period of six months from closing date. Announcement • Apr 08
Kidswant Children Products Co.,Ltd., Annual General Meeting, May 13, 2026 Kidswant Children Products Co.,Ltd., Annual General Meeting, May 13, 2026, at 14:30 China Standard Time. Location: The Company's Meeting Room, Nanjing, Jiangsu China Announcement • Mar 31
Kidswant Children Products Co.,Ltd. to Report Q1, 2026 Results on Apr 28, 2026 Kidswant Children Products Co.,Ltd. announced that they will report Q1, 2026 results on Apr 28, 2026 Announcement • Dec 31
Kidswant Children Products Co.,Ltd. to Report Fiscal Year 2025 Results on Apr 09, 2026 Kidswant Children Products Co.,Ltd. announced that they will report fiscal year 2025 results on Apr 09, 2026 Announcement • Sep 30
Kidswant Children Products Co.,Ltd. to Report Q3, 2025 Results on Oct 28, 2025 Kidswant Children Products Co.,Ltd. announced that they will report Q3, 2025 results on Oct 28, 2025 Announcement • Aug 22
Kidswant Children Products Co.,Ltd. Announces Profit Distribution Proposal for the First Half of 2025 Kidswant Children Products Co.,Ltd. announced on 19 August 2025 the profit distribution proposal for the first half of 2025 of Cash dividend/10 shares (tax included) of CNY 0.20000000. Announcement • Jul 02
Kidswant Children Products Co.,Ltd. to Report First Half, 2025 Results on Aug 19, 2025 Kidswant Children Products Co.,Ltd. announced that they will report first half, 2025 results on Aug 19, 2025 Announcement • Apr 04
Kidswant Children Products Co.,Ltd. Proposes Final Cash Dividend for the Year 2024 Kidswant Children Products Co.,Ltd. proposed final cash dividend/10 shares (tax included) of CNY 0.50000000 for the year 2024. Announcement • Apr 03
Kidswant Children Products Co.,Ltd., Annual General Meeting, May 15, 2025 Kidswant Children Products Co.,Ltd., Annual General Meeting, May 15, 2025, at 14:30 China Standard Time. Location: The Company's Meeting Room, Nanjing, Jiangsu China Announcement • Mar 31
Kidswant Children Products Co.,Ltd. to Report Q1, 2025 Results on Apr 25, 2025 Kidswant Children Products Co.,Ltd. announced that they will report Q1, 2025 results on Apr 25, 2025 Announcement • Dec 31
Kidswant Children Products Co.,Ltd. to Report Fiscal Year 2024 Results on Apr 03, 2025 Kidswant Children Products Co.,Ltd. announced that they will report fiscal year 2024 results on Apr 03, 2025 Reported Earnings • Oct 22
Third quarter 2024 earnings released: EPS: CN¥0.044 (vs CN¥0.041 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.044 (up from CN¥0.041 in 3Q 2023). Revenue: CN¥2.28b (up 4.1% from 3Q 2023). Net income: CN¥51.5m (up 8.7% from 3Q 2023). Profit margin: 2.3% (up from 2.2% in 3Q 2023). Revenue is forecast to grow 9.9% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Consumer Retailing industry in China. New Risk • Oct 11
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 3.8% 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 Share price has been volatile over the past 3 months (11% average weekly change). Large one-off items impacting financial results. Shareholders have been diluted in the past year (3.8% increase in shares outstanding). Announcement • Sep 30
Kidswant Children Products Co.,Ltd. to Report Q3, 2024 Results on Oct 22, 2024 Kidswant Children Products Co.,Ltd. announced that they will report Q3, 2024 results on Oct 22, 2024 New Risk • Sep 28
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 7.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (7.1% average weekly change). Large one-off items impacting financial results. Valuation Update With 7 Day Price Move • Sep 24
Investor sentiment improves as stock rises 22% After last week's 22% share price gain to CN¥6.32, the stock trades at a forward P/E ratio of 25x. Average forward P/E is 10x in the Consumer Retailing industry in China. Total loss to shareholders of 33% over the past year. Announcement • Sep 12
Kidswant Children Products Co.,Ltd Approves Cash Dividend for 2024 Kidswant Children Products Co.,Ltd. at its 4th Extraordinary General Meeting of 2024 on 10 September 2024 approved Cash dividend/10 shares (tax included): CNY 0.20000000. Reported Earnings • Aug 21
Second quarter 2024 earnings released: EPS: CN¥0.063 (vs CN¥0.057 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.063 (up from CN¥0.057 in 2Q 2023). Revenue: CN¥2.33b (up 13% from 2Q 2023). Net income: CN¥68.1m (up 9.9% from 2Q 2023). Profit margin: 2.9% (in line with 2Q 2023). Revenue is forecast to grow 9.7% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Consumer Retailing industry in China. Announcement • Aug 17
Kidswant Children Products Co.,Ltd. Proposes Interim Dividend for the First Half of 2024 Kidswant Children Products Co.,Ltd. proposed interim cash dividend of CNY 0.20000000 per 10 shares (tax included) for the first half of 2024. Announcement • Jun 29
Kidswant Children Products Co.,Ltd. to Report First Half, 2024 Results on Aug 16, 2024 Kidswant Children Products Co.,Ltd. announced that they will report first half, 2024 results on Aug 16, 2024 Announcement • Jun 24
Kidswant Children Products Co.,Ltd. Announces Final Profit Distribution for the Year 2023, Payable on June 27, 2024 Kidswant Children Products Co.,Ltd. announced that 2023 final profit distribution plan to be implemented (A shares): Cash dividend/10 shares (tax included): CNY 0.50. Record date: 26 June 2024. Ex-date: 27 June 2024. Payment date: 27 June 2024. Reported Earnings • Apr 27
First quarter 2024 earnings released: EPS: CN¥0.011 (vs CN¥0.007 in 1Q 2023) First quarter 2024 results: EPS: CN¥0.011 (up from CN¥0.007 in 1Q 2023). Revenue: CN¥2.19b (up 4.6% from 1Q 2023). Net income: CN¥11.7m (up 54% from 1Q 2023). Profit margin: 0.5% (up from 0.4% in 1Q 2023). Revenue is forecast to grow 20% p.a. on average during the next 2 years, compared to a 13% growth forecast for the Consumer Retailing industry in China. Announcement • Apr 27
Kidswant Children Products Co.,Ltd. Proposes Final Cash Dividend for the Year 2023 Kidswant Children Products Co.,Ltd. proposed final cash dividend/10 shares (tax included) is CNY 0.5000000 for the year 2023. Announcement • Mar 30
Kidswant Children Products Co.,Ltd. to Report Q1, 2024 Results on Apr 25, 2024 Kidswant Children Products Co.,Ltd. announced that they will report Q1, 2024 results on Apr 25, 2024 Valuation Update With 7 Day Price Move • Feb 05
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to CN¥5.73, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 16x in the Consumer Retailing industry in China. Total loss to shareholders of 56% over the past year. Announcement • Dec 29
Kidswant Children Products Co.,Ltd. to Report Fiscal Year 2023 Results on Apr 25, 2024 Kidswant Children Products Co.,Ltd. announced that they will report fiscal year 2023 results on Apr 25, 2024 New Risk • Nov 03
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 71% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Large one-off items impacting financial results. Shareholders have been diluted in the past year (2.2% increase in shares outstanding). Reported Earnings • Nov 01
Third quarter 2023 earnings released: EPS: CN¥0.041 (vs CN¥0.078 in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.041 (down from CN¥0.078 in 3Q 2022). Revenue: CN¥2.19b (up 8.8% from 3Q 2022). Net income: CN¥47.4m (down 44% from 3Q 2022). Profit margin: 2.2% (down from 4.2% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Consumer Retailing industry in China. Announcement • Sep 30
Kidswant Children Products Co.,Ltd. to Report Q3, 2023 Results on Oct 30, 2023 Kidswant Children Products Co.,Ltd. announced that they will report Q3, 2023 results on Oct 30, 2023 New Risk • Sep 10
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 51% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Large one-off items impacting financial results. Shareholders have been diluted in the past year (2.2% increase in shares outstanding). Reported Earnings • Aug 26
Second quarter 2023 earnings released: EPS: CN¥0.057 (vs CN¥0.091 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.057 (down from CN¥0.091 in 2Q 2022). Revenue: CN¥2.06b (down 8.9% from 2Q 2022). Net income: CN¥62.0m (down 38% from 2Q 2022). Profit margin: 3.0% (down from 4.4% in 2Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 19% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Consumer Retailing industry in China. Board Change • Nov 16
High number of new and inexperienced directors There are 8 new directors who have joined the board in the last 3 years. The company's board is composed of: 8 new directors. 1 experienced director. No highly experienced directors. Non-Independent Director Hui He is the most experienced director on the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Reported Earnings • Oct 28
Third quarter 2022 earnings released: EPS: CN¥0.078 (vs CN¥0.079 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.078. Revenue: CN¥2.01b (down 6.9% from 3Q 2021). Net income: CN¥84.9m (up 10% from 3Q 2021). Profit margin: 4.2% (up from 3.6% in 3Q 2021). Revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Consumer Retailing industry in China. Reported Earnings • Aug 26
Second quarter 2022 earnings released Second quarter 2022 results: Revenue: CN¥25.0b (up 57% from 2Q 2021). Net income: CN¥1.83b (down 19% from 2Q 2021). Profit margin: 7.3% (down from 14% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is expected to shrink by 39% compared to a 17% growth forecast for the Consumer Retailing industry in China. Board Change • Jun 15
High number of new and inexperienced directors There are 8 new directors who have joined the board in the last 3 years. The company's board is composed of: 8 new directors. 1 experienced director. No highly experienced directors. Non-Independent Director Hui He is the most experienced director on the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.