Announcement • Jun 30
Lafang China Co.,Ltd to Report First Half, 2026 Results on Aug 25, 2026 Lafang China Co.,Ltd announced that they will report first half, 2026 results on Aug 25, 2026 Announcement • Apr 28
Lafang China Co.,Ltd, Annual General Meeting, May 29, 2026 Lafang China Co.,Ltd, Annual General Meeting, May 29, 2026, at 14:00 China Standard Time. Location: The Company's Meeting Room, Shantou, Guangdong China Reported Earnings • Apr 28
Full year 2025 earnings released: CN¥0.14 loss per share (vs CN¥0.19 profit in FY 2024) Full year 2025 results: CN¥0.14 loss per share (down from CN¥0.19 profit in FY 2024). Revenue: CN¥818.3m (down 7.9% from FY 2024). Net loss: CN¥31.2m (down 175% from profit in FY 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 74 percentage points per year, which is a significant difference in performance. Announcement • Mar 30
Lafang China Co.,Ltd to Report Q1, 2026 Results on Apr 28, 2026 Lafang China Co.,Ltd announced that they will report Q1, 2026 results on Apr 28, 2026 New Risk • Feb 14
New major risk - Revenue and earnings growth Earnings have declined by 27% 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. Announcement • Dec 26
Lafang China Co.,Ltd to Report Fiscal Year 2025 Results on Apr 28, 2026 Lafang China Co.,Ltd announced that they will report fiscal year 2025 results on Apr 28, 2026 Reported Earnings • Oct 31
Third quarter 2025 earnings released: EPS: CN¥0.03 (vs CN¥0.071 in 3Q 2024) Third quarter 2025 results: EPS: CN¥0.03 (down from CN¥0.071 in 3Q 2024). Revenue: CN¥216.9m (down 10% from 3Q 2024). Net income: CN¥6.20m (down 65% from 3Q 2024). Profit margin: 2.9% (down from 7.2% in 3Q 2024). Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Household Products industry in China. Over the last 3 years on average, earnings per share has fallen by 47% per year but the company’s share price has increased by 17% per year, which means it is well ahead of earnings. Announcement • Sep 30
Lafang China Co.,Ltd to Report Q3, 2025 Results on Oct 31, 2025 Lafang China Co.,Ltd announced that they will report Q3, 2025 results on Oct 31, 2025 Announcement • Jun 30
Lafang China Co.,Ltd to Report First Half, 2025 Results on Aug 29, 2025 Lafang China Co.,Ltd announced that they will report first half, 2025 results on Aug 29, 2025 Announcement • Apr 29
Lafang China Co.,Ltd, Annual General Meeting, Jun 09, 2025 Lafang China Co.,Ltd, Annual General Meeting, Jun 09, 2025, at 14:00 China Standard Time. New Risk • Apr 23
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 8.8% 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 Risk Earnings have declined by 1.9% per year over the past 5 years. Minor Risks Dividend is not well covered by earnings (145% payout ratio). Share price has been volatile over the past 3 months (8.8% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (4.8% net profit margin). Buy Or Sell Opportunity • Apr 07
Now 27% undervalued Over the last 90 days, the stock has risen 39% to CN¥15.98. The fair value is estimated to be CN¥21.82, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 7.6% over the last 3 years. Earnings per share has declined by 12%. Announcement • Mar 28
Lafang China Co.,Ltd to Report Q1, 2025 Results on Apr 29, 2025 Lafang China Co.,Ltd announced that they will report Q1, 2025 results on Apr 29, 2025 Valuation Update With 7 Day Price Move • Jan 07
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to CN¥11.47, the stock trades at a trailing P/E ratio of 57.8x. Average trailing P/E is 39x in the Household Products industry in China. Total loss to shareholders of 44% over the past three years. Announcement • Dec 27
Lafang China Co.,Ltd to Report Fiscal Year 2024 Results on Apr 29, 2025 Lafang China Co.,Ltd announced that they will report fiscal year 2024 results on Apr 29, 2025 Valuation Update With 7 Day Price Move • Nov 29
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to CN¥14.49, the stock trades at a trailing P/E ratio of 73x. Average trailing P/E is 42x in the Household Products industry in China. Total loss to shareholders of 36% over the past three years. Reported Earnings • Oct 31
Third quarter 2024 earnings released: EPS: CN¥0.071 (vs CN¥0.099 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.071 (down from CN¥0.099 in 3Q 2023). Revenue: CN¥241.2m (down 1.3% from 3Q 2023). Net income: CN¥17.5m (down 19% from 3Q 2023). Profit margin: 7.2% (down from 8.8% in 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 12% per year whereas the company’s share price has fallen by 16% per year. Valuation Update With 7 Day Price Move • Oct 24
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to CN¥12.53, the stock trades at a trailing P/E ratio of 57.8x. Average trailing P/E is 30x in the Household Products industry in China. Total loss to shareholders of 33% over the past three years. Announcement • Sep 30
Lafang China Co.,Ltd to Report Q3, 2024 Results on Oct 31, 2024 Lafang China 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 21% After last week's 21% share price gain to CN¥11.26, the stock trades at a trailing P/E ratio of 51.9x. Average trailing P/E is 29x in the Household Products industry in China. Total loss to shareholders of 39% over the past three years. Reported Earnings • Aug 28
Second quarter 2024 earnings released: EPS: CN¥0.045 (vs CN¥0.08 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.045 (down from CN¥0.08 in 2Q 2023). Revenue: CN¥204.1m (up 15% from 2Q 2023). Net income: CN¥9.24m (down 49% from 2Q 2023). Profit margin: 4.5% (down from 10% in 2Q 2023). Over the last 3 years on average, earnings per share has fallen by 16% per year whereas the company’s share price has fallen by 18% per year. Announcement • Jun 28
Lafang China Co.,Ltd to Report First Half, 2024 Results on Aug 28, 2024 Lafang China Co.,Ltd announced that they will report first half, 2024 results on Aug 28, 2024 New Risk • May 01
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: 6.4% Last year net profit margin: 11% 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 Earnings have declined by 3.5% per year over the past 5 years. 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 (6.4% net profit margin). Announcement • May 01
Lafang China Co.,Ltd, Annual General Meeting, May 24, 2024 Lafang China Co.,Ltd, Annual General Meeting, May 24, 2024, at 14:00 China Standard Time. Location: No. 13, Longjiang Road, Wanji Industrial Zone, Longhu District, Shantou, Guangdong China Reported Earnings • Apr 30
Full year 2023 earnings released: EPS: CN¥0.29 (vs CN¥0.26 in FY 2022) Full year 2023 results: EPS: CN¥0.29 (up from CN¥0.26 in FY 2022). Revenue: CN¥859.8m (down 3.1% from FY 2022). Net income: CN¥65.5m (up 11% from FY 2022). Profit margin: 7.6% (up from 6.7% in FY 2022). Over the last 3 years on average, earnings per share has fallen by 20% 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. Valuation Update With 7 Day Price Move • Apr 16
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to CN¥10.65, the stock trades at a trailing P/E ratio of 32.9x. Average trailing P/E is 28x in the Household Products industry in China. Total loss to shareholders of 38% over the past three years. Announcement • Mar 29
Lafang China Co.,Ltd to Report Q1, 2024 Results on Apr 30, 2024 Lafang China Co.,Ltd announced that they will report Q1, 2024 results on Apr 30, 2024 Buy Or Sell Opportunity • Feb 08
Now 21% overvalued Over the last 90 days, the stock has fallen 33% to CN¥10.55. The fair value is estimated to be CN¥8.73, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 5.8% over the last 3 years. Earnings per share has declined by 15%. Valuation Update With 7 Day Price Move • Feb 06
Investor sentiment deteriorates as stock falls 20% After last week's 20% share price decline to CN¥10.15, the stock trades at a trailing P/E ratio of 31.3x. Average trailing P/E is 21x in the Household Products industry in China. Total loss to shareholders of 30% over the past three years. Valuation Update With 7 Day Price Move • Jan 23
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to CN¥13.09, the stock trades at a trailing P/E ratio of 40.4x. Average trailing P/E is 28x in the Household Products industry in China. Total loss to shareholders of 8.4% over the past three years. Announcement • Dec 30
Lafang China Co.,Ltd to Report Fiscal Year 2023 Results on Apr 30, 2024 Lafang China Co.,Ltd announced that they will report fiscal year 2023 results on Apr 30, 2024 Reported Earnings • Nov 01
Third quarter 2023 earnings released: EPS: CN¥0.099 (vs CN¥0.071 in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.099 (up from CN¥0.071 in 3Q 2022). Revenue: CN¥244.3m (up 7.0% from 3Q 2022). Net income: CN¥21.5m (up 30% from 3Q 2022). Profit margin: 8.8% (up from 7.3% in 3Q 2022). Over the last 3 years on average, earnings per share has fallen by 15% 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. Reported Earnings • Aug 29
Second quarter 2023 earnings released: EPS: CN¥0.08 (vs CN¥0.24 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.08 (down from CN¥0.24 in 2Q 2022). Revenue: CN¥178.0m (down 9.4% from 2Q 2022). Net income: CN¥18.0m (down 63% from 2Q 2022). Profit margin: 10% (down from 25% in 2Q 2022). Over the last 3 years on average, earnings per share has fallen by 8% per year whereas the company’s share price has fallen by 6% per year. Announcement • Jun 28
Lafang China Co.,Ltd to Report First Half, 2023 Results on Aug 29, 2023 Lafang China Co.,Ltd announced that they will report first half, 2023 results on Aug 29, 2023 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. No highly experienced directors. 3 independent directors (4 non-independent directors). was the last director to join the board, commencing their role in . 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 29
Third quarter 2022 earnings released: EPS: CN¥0.071 (vs CN¥0.041 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.071 (up from CN¥0.041 in 3Q 2021). Revenue: CN¥228.3m (down 12% from 3Q 2021). Net income: CN¥16.6m (up 72% from 3Q 2021). Profit margin: 7.3% (up from 3.7% in 3Q 2021). Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Reported Earnings • Aug 31
Second quarter 2022 earnings released: EPS: CN¥0.24 (vs CN¥0.16 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.24 (up from CN¥0.16 in 2Q 2021). Revenue: CN¥196.5m (down 25% from 2Q 2021). Net income: CN¥48.2m (up 34% from 2Q 2021). Profit margin: 25% (up from 14% in 2Q 2021). Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Reported Earnings • Apr 29
First quarter 2022 earnings released: CN¥0.01 loss per share (vs CN¥0.07 profit in 1Q 2021) First quarter 2022 results: CN¥0.01 loss per share (down from CN¥0.07 profit in 1Q 2021). Revenue: CN¥200.6m (down 18% from 1Q 2021). Net loss: CN¥2.56m (down 115% from profit in 1Q 2021). Over the last 3 years on average, earnings per share has increased by 2% per year whereas the company’s share price has fallen by 2% per year. Board Change • Apr 27
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. No highly experienced directors. 3 independent directors (4 non-independent directors). was the last director to join the board, commencing their role in . 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 31
Third quarter 2021 earnings released: EPS CN¥0.041 (vs CN¥0.15 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¥260.5m (up 4.6% from 3Q 2020). Net income: CN¥9.60m (down 72% from 3Q 2020). Profit margin: 3.7% (down from 14% in 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has increased by 15% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Sep 29
Investor sentiment deteriorated over the past week After last week's 17% share price decline to CN¥18.08, the stock trades at a trailing P/E ratio of 33.5x. Average trailing P/E is 32x in the Household Products industry in China. Total returns to shareholders of 20% over the past three years. Reported Earnings • Aug 27
Second quarter 2021 earnings released: EPS CN¥0.16 (vs CN¥0.14 in 2Q 2020) The company reported a solid second quarter result with improved earnings and revenues, although profit margins were flat. Second quarter 2021 results: Revenue: CN¥260.6m (up 10% from 2Q 2020). Net income: CN¥35.9m (up 14% from 2Q 2020). Profit margin: 14% (in line with 2Q 2020). 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 4% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Aug 26
Investor sentiment improved over the past week After last week's 15% share price gain to CN¥19.19, the stock trades at a trailing P/E ratio of 37.1x. Average trailing P/E is 28x in the Household Products industry in China. Total returns to shareholders of 23% over the past three years. Valuation Update With 7 Day Price Move • May 31
Investor sentiment improved over the past week After last week's 25% share price gain to CN¥28.11, the stock trades at a trailing P/E ratio of 54.3x. Average trailing P/E is 44x in the Household Products industry in China. Total returns to shareholders of 34% over the past three years. Valuation Update With 7 Day Price Move • May 07
Investor sentiment improved over the past week After last week's 21% share price gain to CN¥19.36, the stock trades at a trailing P/E ratio of 37.4x. Average trailing P/E is 34x in the Household Products industry in China. Total returns to shareholders of 5.5% over the past three years. Reported Earnings • Apr 29
First quarter 2021 earnings released: EPS CN¥0.07 (vs CN¥0.07 in 1Q 2020) The company reported a solid first quarter result with improved earnings and revenues, although profit margins were weaker. First quarter 2021 results: Revenue: CN¥245.0m (up 47% from 1Q 2020). Net income: CN¥16.8m (up 3.9% from 1Q 2020). Profit margin: 6.8% (down from 9.6% in 1Q 2020). 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 5% per year, which means it has not declined as severely as earnings. Is New 90 Day High Low • Feb 01
New 90-day low: CN¥14.08 The company is down 13% from its price of CN¥16.20 on 03 November 2020. The Chinese market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Household Products industry, which is up 6.0% over the same period. Is New 90 Day High Low • Jan 11
New 90-day low: CN¥14.55 The company is down 15% from its price of CN¥17.19 on 13 October 2020. The Chinese market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Household Products industry, which is up 9.0% over the same period. Is New 90 Day High Low • Dec 10
New 90-day high: CN¥18.40 The company is up 6.0% from its price of CN¥17.33 on 11 September 2020. The Chinese market is up 5.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Household Products industry, which is up 5.0% over the same period. Reported Earnings • Nov 01
Third quarter earnings released Over the last 12 months the company has reported total profits of CN¥74.2m, up 42% from the prior year. Total revenue was CN¥921.6m over the last 12 months, down 3.1% from the prior year. Announcement • Oct 29
Lafang China Co.,Ltd to Report Q3, 2020 Results on Oct 31, 2020 Lafang China Co.,Ltd announced that they will report Q3, 2020 results on Oct 31, 2020 Is New 90 Day High Low • Oct 27
New 90-day low: CN¥16.04 The company is down 16% from its price of CN¥19.01 on 29 July 2020. The Chinese market is flat over the last 90 days, indicating the company underperformed over that time. It also underperformed the Household Products industry, which is down 13% over the same period. Announcement • Jul 18
Lafang China Co.,Ltd to Report First Half, 2020 Results on Aug 29, 2020 Lafang China Co.,Ltd announced that they will report first half, 2020 results on Aug 29, 2020 
