Board Change • May 06
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Director Zheng Huang was the last director to join the board, commencing their role in 2025. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Major Estimate Revision • May 05
Consensus EPS estimates increase by 32% The consensus outlook for fiscal year 2026 has been updated. 2026 EPS estimate increased from CN¥0.23 to CN¥0.303. Revenue forecast steady at CN¥9.23b. Net income forecast to grow 1,143% next year vs 26% growth forecast for Food industry in China. Consensus price target down from CN¥12.38 to CN¥11.14. Share price fell 6.3% to CN¥9.14 over the past week. Price Target Changed • May 04
Price target decreased by 10.0% to CN¥11.14 Down from CN¥12.38, the current price target is an average from 3 analysts. New target price is 22% above last closing price of CN¥9.14. Stock is down 9.6% over the past year. The company is forecast to post earnings per share of CN¥0.30 for next year compared to CN¥0.12 last year. New Risk • Apr 29
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 62% 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 Interest payments are not well covered by earnings (0.6x net interest cover). Minor Risks Dividend is not well covered by earnings (161% payout ratio). Large one-off items impacting financial results. Announcement • Apr 20
Yuan Long Ping High-Tech Agriculture Co., Ltd., Annual General Meeting, May 08, 2026 Yuan Long Ping High-Tech Agriculture Co., Ltd., Annual General Meeting, May 08, 2026, at 14:30 China Standard Time. Location: Longhua International Hotel, Longping Technology Park, Furong District, Changsha, Hunan China Reported Earnings • Apr 19
Full year 2025 earnings: EPS and revenues miss analyst expectations Full year 2025 results: EPS: CN¥0.12 (up from CN¥0.09 in FY 2024). Revenue: CN¥8.48b (down 1.0% from FY 2024). Net income: CN¥165.8m (up 46% from FY 2024). Profit margin: 2.0% (up from 1.3% in FY 2024). Revenue missed analyst estimates by 14%. Earnings per share (EPS) also missed analyst estimates by 31%. Revenue is forecast to grow 16% p.a. on average during the next 2 years, compared to a 7.6% growth forecast for the Food industry in China. Over the last 3 years on average, earnings per share has increased by 85% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings. Announcement • Mar 31
Yuan Long Ping High-Tech Agriculture Co., Ltd. to Report Q1, 2026 Results on Apr 29, 2026 Yuan Long Ping High-Tech Agriculture Co., Ltd. announced that they will report Q1, 2026 results on Apr 29, 2026 Announcement • Dec 31
Yuan Long Ping High-Tech Agriculture Co., Ltd. to Report Fiscal Year 2025 Results on Apr 29, 2026 Yuan Long Ping High-Tech Agriculture Co., Ltd. announced that they will report fiscal year 2025 results on Apr 29, 2026 Reported Earnings • Oct 30
Third quarter 2025 earnings released: CN¥0.34 loss per share (vs CN¥0.45 loss in 3Q 2024) Third quarter 2025 results: CN¥0.34 loss per share (improved from CN¥0.45 loss in 3Q 2024). Revenue: CN¥674.9m (up 126% from 3Q 2024). Net loss: CN¥499.9m (loss narrowed 15% from 3Q 2024). Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 8.2% growth forecast for the Food industry in China. Over the last 3 years on average, earnings per share has increased by 77% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings. Announcement • Sep 30
Yuan Long Ping High-Tech Agriculture Co., Ltd. to Report Q3, 2025 Results on Oct 31, 2025 Yuan Long Ping High-Tech Agriculture Co., Ltd. announced that they will report Q3, 2025 results on Oct 31, 2025 Reported Earnings • Aug 24
Second quarter 2025 earnings released: CN¥0.11 loss per share (vs CN¥0.026 profit in 2Q 2024) Second quarter 2025 results: CN¥0.11 loss per share (down from CN¥0.026 profit in 2Q 2024). Revenue: CN¥757.5m (up 49% from 2Q 2024). Net loss: CN¥161.8m (down CN¥196.2m from profit in 2Q 2024). Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 8.2% growth forecast for the Food industry in China. Over the last 3 years on average, earnings per share has increased by 71% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings. Declared Dividend • Jul 06
Dividend reduced to CN¥0.04 Dividend of CN¥0.04 is 20% lower than last year. Ex-date: 9th July 2025 Payment date: 9th July 2025 Dividend yield will be 0.4%, which is lower than the industry average of 2.2%. Announcement • Jul 02
Yuan Long Ping High-Tech Agriculture Co., Ltd. to Report First Half, 2025 Results on Aug 30, 2025 Yuan Long Ping High-Tech Agriculture Co., Ltd. announced that they will report first half, 2025 results on Aug 30, 2025 Announcement • May 30
Yuan Long Ping High-Tech Agriculture Co., Ltd. Proposes Cash Dividend for the Year 2024 Yuan Long Ping High-Tech Agriculture Co., Ltd. at its Extraordinary General Meeting to be held on 16 June 2025, proposed cash dividend/10 shares (tax included) of CNY 0.40000000 for the year 2024. Price Target Changed • Apr 30
Price target decreased by 9.0% to CN¥12.61 Down from CN¥13.86, the current price target is an average from 4 analysts. New target price is 25% above last closing price of CN¥10.11. Stock is down 16% over the past year. The company is forecast to post earnings per share of CN¥0.43 for next year compared to CN¥0.09 last year. New Risk • Apr 26
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: 1.3% Last year net profit margin: 2.2% 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 Debt is not well covered by operating cash flow (4.6% operating cash flow to total debt). Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.3% net profit margin). Reported Earnings • Apr 26
Full year 2024 earnings: EPS and revenues miss analyst expectations Full year 2024 results: EPS: CN¥0.09 (down from CN¥0.15 in FY 2023). Revenue: CN¥8.57b (down 7.1% from FY 2023). Net income: CN¥113.9m (down 43% from FY 2023). Profit margin: 1.3% (down from 2.2% in FY 2023). Revenue missed analyst estimates by 4.6%. Earnings per share (EPS) also missed analyst estimates by 59%. Revenue is forecast to grow 17% p.a. on average during the next 2 years, compared to a 8.7% growth forecast for the Food industry in China. Over the last 3 years on average, earnings per share has increased by 45% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings. Announcement • Apr 26
Yuan Long Ping High-Tech Agriculture Co., Ltd., Annual General Meeting, May 16, 2025 Yuan Long Ping High-Tech Agriculture Co., Ltd., Annual General Meeting, May 16, 2025, at 15:00 China Standard Time. Location: 1F, No. 638, Heping Road, Furong District, Changsha, Hunan China Valuation Update With 7 Day Price Move • Apr 08
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to CN¥11.90, the stock trades at a forward P/E ratio of 29x. Average forward P/E is 18x in the Food industry in China. Total loss to shareholders of 35% over the past three years. Announcement • Mar 31
Yuan Long Ping High-Tech Agriculture Co., Ltd. to Report Q1, 2025 Results on Apr 26, 2025 Yuan Long Ping High-Tech Agriculture Co., Ltd. announced that they will report Q1, 2025 results on Apr 26, 2025 Announcement • Dec 31
Yuan Long Ping High-Tech Agriculture Co., Ltd. to Report Fiscal Year 2024 Results on Apr 26, 2025 Yuan Long Ping High-Tech Agriculture Co., Ltd. announced that they will report fiscal year 2024 results on Apr 26, 2025 Major Estimate Revision • Nov 22
Consensus EPS estimates increase by 14% The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate increased from CN¥0.197 to CN¥0.226. Revenue forecast unchanged at CN¥9.47b. Net income forecast to grow 89% next year vs 25% growth forecast for Food industry in China. Consensus price target of CN¥13.41 unchanged from last update. Share price fell 4.3% to CN¥10.87 over the past week. Major Estimate Revision • Nov 06
Consensus revenue estimates fall by 14% The consensus outlook for revenues in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from CN¥10.1b to CN¥8.71b. EPS estimate fell from CN¥0.375 to CN¥0.20 per share. Net income forecast to grow 86% next year vs 27% growth forecast for Food industry in China. Consensus price target down from CN¥13.74 to CN¥13.41. Share price rose 5.8% to CN¥11.90 over the past week. Reported Earnings • Oct 31
Third quarter 2024 earnings: EPS and revenues miss analyst expectations Third quarter 2024 results: CN¥0.45 loss per share (further deteriorated from CN¥0.30 loss in 3Q 2023). Revenue: CN¥299.0m (up 14% from 3Q 2023). Net loss: CN¥586.7m (loss widened 47% from 3Q 2023). Revenue missed analyst estimates by 93%. Earnings per share (EPS) were also behind analyst expectations. Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Food industry in China. 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. Announcement • Sep 30
Yuan Long Ping High-Tech Agriculture Co., Ltd. to Report Q3, 2024 Results on Oct 31, 2024 Yuan Long Ping High-Tech Agriculture Co., Ltd. announced that they will report Q3, 2024 results on Oct 31, 2024 Valuation Update With 7 Day Price Move • Sep 30
Investor sentiment improves as stock rises 24% After last week's 24% share price gain to CN¥11.41, the stock trades at a forward P/E ratio of 26x. Average forward P/E is 17x in the Food industry in China. Total loss to shareholders of 46% over the past three years. Price Target Changed • Aug 30
Price target decreased by 11% to CN¥14.66 Down from CN¥16.45, the current price target is an average from 4 analysts. New target price is 55% above last closing price of CN¥9.45. Stock is down 38% over the past year. The company is forecast to post earnings per share of CN¥0.38 for next year compared to CN¥0.15 last year. Reported Earnings • Aug 29
Second quarter 2024 earnings released: EPS: CN¥0.026 (vs CN¥0.24 loss in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.026 (up from CN¥0.24 loss in 2Q 2023). Revenue: CN¥509.7m (down 29% from 2Q 2023). Net income: CN¥34.4m (up CN¥349.7m from 2Q 2023). Profit margin: 6.8% (up from net loss in 2Q 2023). The move to profitability was driven by lower expenses. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Food industry in China. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has fallen by 23% per year, which means it is performing significantly worse than earnings. Announcement • Jul 11
Yuan Long Ping High-Tech Agriculture Co., Ltd. Announces Dividend of A Shares for the Year 2023, Payable on 16 July 2024 Yuan Long Ping High-Tech Agriculture Co., Ltd. announced cash dividend/10 shares (tax included) of CNY 0.50000000 of A shares for the year 2023. Record date is 15 July 2024. Ex-date is 16 July 2024. Payment date is 16 July 2024. Announcement • Jun 29
Yuan Long Ping High-Tech Agriculture Co., Ltd. to Report First Half, 2024 Results on Aug 29, 2024 Yuan Long Ping High-Tech Agriculture Co., Ltd. announced that they will report first half, 2024 results on Aug 29, 2024 Price Target Changed • Apr 30
Price target decreased by 8.2% to CN¥17.65 Down from CN¥19.23, the current price target is an average from 4 analysts. New target price is 46% above last closing price of CN¥12.06. Stock is down 21% over the past year. The company is forecast to post earnings per share of CN¥0.42 for next year compared to CN¥0.15 last year. Announcement • Apr 30
Yuan Long Ping High-Tech Agriculture Co., Ltd., Annual General Meeting, May 20, 2024 Yuan Long Ping High-Tech Agriculture Co., Ltd., Annual General Meeting, May 20, 2024, at 15:00 China Standard Time. Location: No. 638, Heping Road, Furong District, Changsha, Hunan China Reported Earnings • Apr 29
Full year 2023 earnings: EPS and revenues exceed analyst expectations Full year 2023 results: EPS: CN¥0.15 (up from CN¥0.67 loss in FY 2022). Revenue: CN¥9.22b (up 150% from FY 2022). Net income: CN¥200.1m (up CN¥1.08b from FY 2022). Profit margin: 2.2% (up from net loss in FY 2022). Revenue exceeded analyst estimates by 40%. Earnings per share (EPS) also surpassed analyst estimates by 9.3%. Revenue is expected to decline by 5.6% p.a. on average during the next 2 years, while revenues in the Food industry in China are expected to grow by 12%. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 68 percentage points per year, which is a significant difference in performance. Announcement • Mar 30
Yuan Long Ping High-Tech Agriculture Co., Ltd. to Report Q1, 2024 Results on Apr 29, 2024 Yuan Long Ping High-Tech Agriculture Co., Ltd. announced that they will report Q1, 2024 results on Apr 29, 2024 Announcement • Dec 30
Yuan Long Ping High-Tech Agriculture Co., Ltd. to Report Fiscal Year 2023 Results on Apr 29, 2024 Yuan Long Ping High-Tech Agriculture Co., Ltd. announced that they will report fiscal year 2023 results on Apr 29, 2024 Reported Earnings • Nov 01
Third quarter 2023 earnings: EPS and revenues miss analyst expectations Third quarter 2023 results: CN¥0.30 loss per share (improved from CN¥0.31 loss in 3Q 2022). Revenue: CN¥262.1m (up 206% from 3Q 2022). Net loss: CN¥398.3m (loss narrowed 3.5% from 3Q 2022). Revenue missed analyst estimates by 79%. Earnings per share (EPS) were also behind analyst expectations. Revenue is forecast to grow 20% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Food industry in China. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 85 percentage points per year, which is a significant difference in performance. Reported Earnings • Aug 31
Second quarter 2023 earnings: EPS and revenues miss analyst expectations Second quarter 2023 results: CN¥0.24 loss per share (improved from CN¥0.27 loss in 2Q 2022). Revenue: CN¥721.1m (up 147% from 2Q 2022). Net loss: CN¥315.3m (loss narrowed 11% from 2Q 2022). Revenue missed analyst estimates by 33%. Earnings per share (EPS) were also behind analyst expectations. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Food industry in China. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 54 percentage points per year, which is a significant difference in performance. Board Change • Aug 01
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. 4 experienced directors. No highly experienced directors. Director Jian Zhang is the most experienced director on the board, commencing their role in 2016. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Buying Opportunity • Jul 20
Now 20% undervalued Over the last 90 days, the stock is up 7.9%. The fair value is estimated to be CN¥20.17, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.5% over the last 3 years. Meanwhile, the company became loss making. Board Change • Jul 14
High number of new directors Employee Representative Supervisor Li Yang Zhang was the last director to join the board, commencing their role in 2020. Announcement • Jul 12
Yuan Long Ping High-Tech Agriculture Co., Ltd. Approves Executive Elections Yuan Long Ping High-Tech Agriculture Co., Ltd. approved election of Liu Zhiyong, Xu Jingbo and Zhang Lin as non-independent directors; Li Jiaoyu, Li Shaokun and Liu Guifu as independent directors; and Zhang Wei as non-employee representative supervisors at the Extraordinary General Meeting held on July 7, 2023. Announcement • May 06
Yuan Long Ping High-Tech Agriculture Co., Ltd., Annual General Meeting, May 19, 2023 Yuan Long Ping High-Tech Agriculture Co., Ltd., Annual General Meeting, May 19, 2023, at 15:00 China Standard Time. Agenda: To consider 2022 annual report and its summary; to consider 2022 work report of the board of directors; to consider 2022 work report of the supervisory committee; to consider Deposits and loans business with a bank and other related parties; to consider 2022 profit distribution plan; to consider Appointment of 2023 financial and internal control audit firm; and to consider other matters. Reported Earnings • Apr 29
First quarter 2023 earnings released: EPS: CN¥0.13 (vs CN¥0.042 in 1Q 2022) First quarter 2023 results: EPS: CN¥0.13 (up from CN¥0.042 in 1Q 2022). Revenue: CN¥1.06b (up 18% from 1Q 2022). Net income: CN¥170.6m (up 213% from 1Q 2022). Profit margin: 16% (up from 6.0% in 1Q 2022). Revenue is forecast to grow 24% p.a. on average during the next 2 years, compared to a 13% growth forecast for the Food industry in China. Over the last 3 years on average, earnings per share has fallen by 36% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings. Price Target Changed • Feb 16
Price target increased by 12% to CN¥20.94 Up from CN¥18.75, the current price target is an average from 5 analysts. New target price is 24% above last closing price of CN¥16.86. Stock is down 11% over the past year. The company is forecast to post earnings per share of CN¥0.028 for next year compared to CN¥0.05 last year. Reported Earnings • Oct 28
Third quarter 2022 earnings released: CN¥0.31 loss per share (vs CN¥0.19 loss in 3Q 2021) Third quarter 2022 results: CN¥0.31 loss per share (further deteriorated from CN¥0.19 loss in 3Q 2021). Net loss: CN¥412.6m (loss widened 71% from 3Q 2021). Revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Food industry in China. Over the last 3 years on average, earnings per share has increased by 3% per year and the company’s share price has also increased by 3% per year. Buying Opportunity • Sep 16
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 14%. The fair value is estimated to be CN¥18.46, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 2.8% over the last 3 years. Meanwhile, the company became loss making. Price Target Changed • Sep 14
Price target decreased to CN¥18.06 Down from CN¥21.60, the current price target is an average from 7 analysts. New target price is 19% above last closing price of CN¥15.16. Stock is down 34% over the past year. The company is forecast to post earnings per share of CN¥0.15 for next year compared to CN¥0.05 last year. Reported Earnings • Aug 26
Second quarter 2022 earnings released: CN¥0.27 loss per share (vs CN¥0.075 loss in 2Q 2021) Second quarter 2022 results: CN¥0.27 loss per share (down from CN¥0.075 loss in 2Q 2021). Revenue: CN¥292.5m (up 8.6% from 2Q 2021). Net loss: CN¥352.3m (loss widened 261% from 2Q 2021). Over the next year, revenue is forecast to grow 24%, compared to a 23% growth forecast for the Food industry in China. Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings. Buying Opportunity • Aug 10
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 9.4%. The fair value is estimated to be CN¥18.78, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 37%. Revenue is forecast to grow by 43% in 2 years. Earnings is forecast to grow by 658% in the next 2 years. Buying Opportunity • Jul 21
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 12%. The fair value is estimated to be CN¥18.78, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 37%. Revenue is forecast to grow by 42% in 2 years. Earnings is forecast to grow by 603% in the next 2 years. Major Estimate Revision • May 02
Consensus EPS estimates fall by 42% The consensus outlook for earnings per share (EPS) in 2022 has deteriorated. 2022 revenue forecast decreased from CN¥4.33b to CN¥4.06b. EPS estimate also fell from CN¥0.40 per share to CN¥0.23 per share. Net income forecast to grow 395% next year vs 37% growth forecast for Food industry in China. Consensus price target down from CN¥27.11 to CN¥21.94. Share price rose 2.6% to CN¥16.30 over the past week. Price Target Changed • Apr 29
Price target decreased to CN¥22.20 Down from CN¥27.11, the current price target is an average from 7 analysts. New target price is 36% above last closing price of CN¥16.30. Stock is down 3.6% over the past year. The company is forecast to post earnings per share of CN¥0.25 for next year compared to CN¥0.05 last year. Reported Earnings • Apr 27
First quarter 2022 earnings: EPS and revenues miss analyst expectations First quarter 2022 results: EPS: CN¥0.042 (up from CN¥0.031 in 1Q 2021). Revenue: CN¥905.5m (up 6.5% from 1Q 2021). Net income: CN¥54.5m (up 34% from 1Q 2021). Profit margin: 6.0% (up from 4.8% in 1Q 2021). Revenue missed analyst estimates by 4.7%. Earnings per share (EPS) also missed analyst estimates by 61%. Over the next year, revenue is forecast to grow 23%, compared to a 17% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has fallen by 37% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings. Price Target Changed • Nov 25
Price target increased to CN¥24.25 Up from CN¥22.45, the current price target is an average from 8 analysts. New target price is approximately in line with last closing price of CN¥23.21. Stock is up 35% over the past year. The company is forecast to post earnings per share of CN¥0.17 for next year compared to CN¥0.09 last year. Reported Earnings • Aug 29
Second quarter 2021 earnings released: CN¥0.075 loss per share (vs CN¥0.076 loss in 2Q 2020) The company reported a poor second quarter result with weaker revenues, weaker control over costs and no improvement to losses. Second quarter 2021 results: Revenue: CN¥269.4m (down 17% from 2Q 2020). Net loss: CN¥97.6m (flat on 2Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 80 percentage points per year, which is a significant difference in performance. Reported Earnings • May 03
First quarter 2021 earnings released: EPS CN¥0.031 (vs CN¥0.019 in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: CN¥850.4m (up 5.4% from 1Q 2020). Net income: CN¥40.5m (up 69% from 1Q 2020). Profit margin: 4.8% (up from 3.0% in 1Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 70 percentage points per year, which is a significant difference in performance. Reported Earnings • Apr 17
Full year 2020 earnings released: EPS CN¥0.032 (vs CN¥0.23 loss in FY 2019) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: CN¥3.29b (up 5.1% from FY 2019). Net income: CN¥42.2m (up CN¥340.5m from FY 2019). Profit margin: 1.3% (up from net loss in FY 2019). The move to profitability was primarily driven by lower expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 73 percentage points per year, which is a significant difference in performance. Price Target Changed • Mar 27
Price target increased to CN¥24.25 Up from CN¥21.18, the current price target is an average from 5 analysts. New target price is 32% above last closing price of CN¥18.38. Stock is up 13% over the past year. Is New 90 Day High Low • Dec 23
New 90-day high: CN¥19.64 The company is up 1.0% from its price of CN¥19.40 on 24 September 2020. The Chinese market is up 2.0% over the last 90 days, indicating the company underperformed over that time. However, its price trend is similar to the Food industry, which is also up 1.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥57.04 per share. Is New 90 Day High Low • Nov 17
New 90-day low: CN¥16.18 The company is down 31% from its price of CN¥23.53 on 19 August 2020. The Chinese market is down 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Food industry, which is down 11% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥47.98 per share. Reported Earnings • Nov 03
Third quarter 2020 earnings released: CN¥0.20 loss per share Third quarter 2020 results: Revenue: -CN¥187.7m (up 323% from 3Q 2019). Net loss: CN¥266.1m (loss narrowed 21% from 3Q 2019). Over the last 3 years on average, earnings per share has fallen by 75% per year but the company’s share price has only fallen by 13% per year, which means it has not declined as severely as earnings. Analyst Estimate Surprise Post Earnings • Nov 03
Revenue and earnings miss expectations Revenue missed analyst estimates by 100%. Earnings per share (EPS) also missed analyst estimates by 4.8%. Over the next year, revenue is forecast to grow 36%, compared to a 24% growth forecast for the Food industry in China. Is New 90 Day High Low • Oct 29
New 90-day low: CN¥17.29 The company is down 3.0% from its price of CN¥17.80 on 31 July 2020. The Chinese market is down 1.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Food 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¥21.60 per share. Announcement • Aug 13
Yuan Long Ping High-Tech Agriculture Co., Ltd. to Report First Half, 2020 Results on Aug 29, 2020 Yuan Long Ping High-Tech Agriculture Co., Ltd. announced that they will report first half, 2020 results on Aug 29, 2020