Reported Earnings • May 01
First quarter 2026 earnings released: EPS: CN¥0.014 (vs CN¥0.01 in 1Q 2025) First quarter 2026 results: EPS: CN¥0.014 (up from CN¥0.01 in 1Q 2025). Revenue: CN¥337.8m (up 10.0% from 1Q 2025). Net income: CN¥10.0m (up 97% from 1Q 2025). Profit margin: 3.0% (up from 1.7% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 20% p.a. on average during the next 3 years, compared to a 8.8% growth forecast for the Forestry industry in China. Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth. Reported Earnings • Mar 31
Full year 2025 earnings: EPS in line with expectations, revenues disappoint Full year 2025 results: EPS: CN¥0.02 (up from CN¥0.01 in FY 2024). Revenue: CN¥1.26b (up 5.0% from FY 2024). Net income: CN¥15.1m (up 146% from FY 2024). Profit margin: 1.2% (up from 0.5% in FY 2024). Revenue is forecast to grow 16% p.a. on average during the next 2 years, compared to a 12% growth forecast for the Forestry industry in China. Over the last 3 years on average, earnings per share has increased by 6% per year and the company’s share price has also increased by 6% per year. Announcement • Mar 31
Jilin Quanyangquan Co., Ltd., Annual General Meeting, Apr 23, 2026 Jilin Quanyangquan Co., Ltd., Annual General Meeting, Apr 23, 2026, at 14:00 China Standard Time. Location: The Company's Meeting Room, Changchun, Jilin China Announcement • Mar 30
Jilin Quanyangquan Co., Ltd. to Report Q1, 2026 Results on Apr 29, 2026 Jilin Quanyangquan Co., Ltd. announced that they will report Q1, 2026 results on Apr 29, 2026 Announcement • Dec 26
Jilin Quanyangquan Co., Ltd. to Report Fiscal Year 2025 Results on Mar 31, 2026 Jilin Quanyangquan Co., Ltd. announced that they will report fiscal year 2025 results on Mar 31, 2026 Reported Earnings • Nov 01
Third quarter 2025 earnings released: EPS: CN¥0.002 (vs CN¥0.001 in 3Q 2024) Third quarter 2025 results: EPS: CN¥0.002 (up from CN¥0.001 in 3Q 2024). Revenue: CN¥338.0m (up 13% from 3Q 2024). Net income: CN¥1.21m (up 63% from 3Q 2024). Profit margin: 0.4% (up from 0.2% in 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings. Announcement • Sep 30
Jilin Quanyangquan Co., Ltd. to Report Q3, 2025 Results on Oct 31, 2025 Jilin Quanyangquan Co., Ltd. announced that they will report Q3, 2025 results on Oct 31, 2025 Reported Earnings • Aug 26
Second quarter 2025 earnings released: EPS: CN¥0.017 (vs CN¥0.032 in 2Q 2024) Second quarter 2025 results: EPS: CN¥0.017 (down from CN¥0.032 in 2Q 2024). Revenue: CN¥377.0m (up 2.6% from 2Q 2024). Net income: CN¥18.4m (down 30% from 2Q 2024). Profit margin: 4.9% (down from 7.2% in 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 54% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings. Announcement • Jun 30
Jilin Quanyangquan Co., Ltd. to Report First Half, 2025 Results on Aug 23, 2025 Jilin Quanyangquan Co., Ltd. announced that they will report first half, 2025 results on Aug 23, 2025 Reported Earnings • Mar 31
Full year 2024 earnings released: EPS: CN¥0.01 (vs CN¥0.64 loss in FY 2023) Full year 2024 results: EPS: CN¥0.01 (up from CN¥0.64 loss in FY 2023). Revenue: CN¥1.20b (up 6.8% from FY 2023). Net income: CN¥6.14m (up CN¥463.3m from FY 2023). Profit margin: 0.5% (up from net loss in FY 2023). 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 103 percentage points per year, which is a significant difference in performance. Announcement • Mar 31
Jilin Quanyangquan Co., Ltd., Annual General Meeting, Apr 22, 2025 Jilin Quanyangquan Co., Ltd., Annual General Meeting, Apr 22, 2025, at 14:00 China Standard Time. Location: The Company's Meeting Room, Changchun, Jilin China Announcement • Mar 28
Jilin Quanyangquan Co., Ltd. to Report Q1, 2025 Results on Apr 26, 2025 Jilin Quanyangquan Co., Ltd. announced that they will report Q1, 2025 results on Apr 26, 2025 Announcement • Dec 27
Jilin Quanyangquan Co., Ltd. to Report Fiscal Year 2024 Results on Mar 31, 2025 Jilin Quanyangquan Co., Ltd. announced that they will report fiscal year 2024 results on Mar 31, 2025 Reported Earnings • Oct 29
Third quarter 2024 earnings released: EPS: CN¥0.001 (vs CN¥0.002 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.001 (down from CN¥0.002 in 3Q 2023). Revenue: CN¥298.6m (down 3.9% from 3Q 2023). Net income: CN¥741.0k (down 42% from 3Q 2023). Profit margin: 0.2% (down from 0.4% in 3Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 124 percentage points per year, which is a significant difference in performance. Announcement • Sep 30
Jilin Quanyangquan Co., Ltd. to Report Q3, 2024 Results on Oct 29, 2024 Jilin Quanyangquan Co., Ltd. announced that they will report Q3, 2024 results on Oct 29, 2024 Reported Earnings • Aug 10
Second quarter 2024 earnings released: EPS: CN¥0.032 (vs CN¥0.076 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.032 (down from CN¥0.076 in 2Q 2023). Revenue: CN¥367.4m (down 12% from 2Q 2023). Net income: CN¥26.3m (down 54% from 2Q 2023). Profit margin: 7.2% (down from 14% in 2Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 111 percentage points per year, which is a significant difference in performance. Announcement • Jun 29
Jilin Quanyangquan Co., Ltd. to Report First Half, 2024 Results on Aug 27, 2024 Jilin Quanyangquan Co., Ltd. announced that they will report first half, 2024 results on Aug 27, 2024 Reported Earnings • Apr 18
First quarter 2024 earnings released: CN¥0.01 loss per share (vs CN¥0.03 loss in 1Q 2023) First quarter 2024 results: CN¥0.01 loss per share (improved from CN¥0.03 loss in 1Q 2023). Revenue: CN¥233.1m (up 6.0% from 1Q 2023). Net loss: CN¥5.66m (loss narrowed 73% from 1Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 96 percentage points per year, which is a significant difference in performance. Announcement • Apr 15
Jilin Quanyangquan Co., Ltd., Annual General Meeting, May 15, 2024 Jilin Quanyangquan Co., Ltd., Annual General Meeting, May 15, 2024, at 14:00 China Standard Time. Location: The Company's Meeting Room, Changchun, Jilin China Announcement • Mar 30
Jilin Quanyangquan Co., Ltd. to Report Q1, 2024 Results on Apr 15, 2024 Jilin Quanyangquan Co., Ltd. announced that they will report Q1, 2024 results on Apr 15, 2024 Announcement • Dec 30
Jilin Quanyangquan Co., Ltd. to Report Fiscal Year 2023 Results on Apr 15, 2024 Jilin Quanyangquan Co., Ltd. announced that they will report fiscal year 2023 results on Apr 15, 2024 New Risk • Nov 20
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Chinese stocks, typically moving 8.6% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (18% operating cash flow to total debt). Share price has been highly volatile over the past 3 months (8.6% average weekly change). Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.6% net profit margin). Reported Earnings • Oct 27
Third quarter 2023 earnings released: EPS: CN¥0.002 (vs CN¥0.023 in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.002 (down from CN¥0.023 in 3Q 2022). Revenue: CN¥310.7m (flat on 3Q 2022). Net income: CN¥1.28m (down 93% from 3Q 2022). Profit margin: 0.4% (down from 5.9% in 3Q 2022). Over the last 3 years on average, earnings per share has increased by 96% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth. Announcement • Sep 30
Jilin Quanyangquan Co., Ltd. to Report Q3, 2023 Results on Oct 27, 2023 Jilin Quanyangquan Co., Ltd. announced that they will report Q3, 2023 results on Oct 27, 2023 Reported Earnings • Aug 22
Second quarter 2023 earnings released: EPS: CN¥0.076 (vs CN¥0.10 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.076 (down from CN¥0.10 in 2Q 2022). Revenue: CN¥415.4m (up 13% from 2Q 2022). Net income: CN¥57.3m (down 28% from 2Q 2022). Profit margin: 14% (down from 22% in 2Q 2022). Over the last 3 years on average, earnings per share has increased by 122% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. Reported Earnings • Apr 29
First quarter 2023 earnings released: CN¥0.03 loss per share (vs CN¥0.02 loss in 1Q 2022) First quarter 2023 results: CN¥0.03 loss per share (further deteriorated from CN¥0.02 loss in 1Q 2022). Revenue: CN¥219.9m (down 14% from 1Q 2022). Net loss: CN¥21.0m (loss widened 79% from 1Q 2022). Over the last 3 years on average, earnings per share has increased by 125% per year but the company’s share price has only increased by 24% per year, which means it is significantly lagging earnings growth. Buying Opportunity • Mar 07
Now 22% undervalued Over the last 90 days, the stock is up 1.5%. The fair value is estimated to be CN¥8.62, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 3.5% over the last 3 years. Earnings per share has grown by 94%. Buying Opportunity • Jan 06
Now 21% undervalued Over the last 90 days, the stock is up 13%. The fair value is estimated to be CN¥8.61, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 3.5% over the last 3 years. Earnings per share has grown by 94%. Board Change • Nov 16
Insufficient new directors 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. 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: Insufficient board refreshment. Reported Earnings • Oct 28
Third quarter 2022 earnings released: EPS: CN¥0.023 (vs CN¥0.031 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.023 (down from CN¥0.031 in 3Q 2021). Revenue: CN¥310.1m (down 26% from 3Q 2021). Net income: CN¥18.2m (down 22% from 3Q 2021). Profit margin: 5.9% (up from 5.6% in 3Q 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 94% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth. Reported Earnings • Aug 28
Second quarter 2022 earnings released: EPS: CN¥0.10 (vs CN¥0.13 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.10. Revenue: CN¥367.1m (down 28% from 2Q 2021). Net income: CN¥79.9m (up 1.8% from 2Q 2021). Profit margin: 22% (up from 16% in 2Q 2021). The increase in margin was driven by lower expenses. Reported Earnings • May 02
First quarter 2022 earnings released: CN¥0.02 loss per share (vs CN¥0.02 loss in 1Q 2021) First quarter 2022 results: CN¥0.02 loss per share (vs CN¥0.02 loss in 1Q 2021). Revenue: CN¥254.2m (up 6.5% from 1Q 2021). Net loss: CN¥11.8m (loss narrowed 25% from 1Q 2021). Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth. Board Change • Apr 27
Insufficient new directors 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. 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: Insufficient board refreshment. Valuation Update With 7 Day Price Move • Dec 07
Investor sentiment improved over the past week After last week's 19% share price gain to CN¥8.87, the stock trades at a trailing P/E ratio of 68.5x. Average trailing P/E is 22x in the Forestry industry in China. Total returns to shareholders of 123% over the past three years. Reported Earnings • Oct 27
Third quarter 2021 earnings released: EPS CN¥0.031 (vs CN¥0.03 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: CN¥419.0m (up 2.1% from 3Q 2020). Net income: CN¥23.3m (up 7.7% from 3Q 2020). Profit margin: 5.6% (up from 5.3% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has increased by 27% per year, which means it is well ahead of earnings. Reported Earnings • Aug 26
Second quarter 2021 earnings released: EPS CN¥0.13 (vs CN¥0.21 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¥508.1m (up 71% from 2Q 2020). Net income: CN¥78.5m (down 42% from 2Q 2020). Profit margin: 16% (down from 45% in 2Q 2020). 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 28% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Jul 28
Investor sentiment deteriorated over the past week After last week's 19% share price decline to CN¥9.12, the stock trades at a trailing P/E ratio of 52.3x. Average trailing P/E is 23x in the Forestry industry in China. Total returns to shareholders of 94% over the past three years. Valuation Update With 7 Day Price Move • Jun 14
Investor sentiment deteriorated over the past week After last week's 18% share price decline to CN¥12.30, the stock trades at a trailing P/E ratio of 70.6x. Average trailing P/E is 23x in the Forestry industry in China. Total returns to shareholders of 282% over the past year. Reported Earnings • Apr 28
First quarter 2021 earnings released: CN¥0.02 loss per share (vs CN¥0.11 loss in 1Q 2020) The company reported a solid first quarter result with reduced losses, improved revenues and improved control over expenses. First quarter 2021 results: Revenue: CN¥238.8m (up 65% from 1Q 2020). Net loss: CN¥15.7m (loss narrowed 80% from 1Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 91 percentage points per year, which is a significant difference in performance. Is New 90 Day High Low • Jan 12
New 90-day high: CN¥17.64 The company is up 165% from its price of CN¥6.66 on 14 October 2020. The Chinese market is up 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Forestry industry, which is up 14% over the same period. Is New 90 Day High Low • Dec 16
New 90-day high: CN¥11.75 The company is up 115% from its price of CN¥5.47 on 17 September 2020. The Chinese market is up 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Forestry industry, which is up 4.0% over the same period. Is New 90 Day High Low • Nov 13
New 90-day high: CN¥8.70 The company is up 86% from its price of CN¥4.68 on 14 August 2020. The Chinese market is down 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Forestry industry, which is flat over the same period. Announcement • Sep 19
Zhao Zhihua and Shanghai-based business administration fund cancelled the acquisition of 25% stake in Jilin Forest Industry Co., Ltd. (SHSE:600189) from Jilin-based forest industry firm and others. Zhao Zhihua and Shanghai-based business administration fund agreed to acquire 25% stake in Jilin Forest Industry Co., Ltd. (SHSE:600189) from Jilin-based forest industry firm and others on October 24, 2017. On closing, Beijing-based trade firm will hold 8.1% stake in Jilin Forest Industry Co., Ltd., Zhao Zhihua will hold 11.9% stake in Jilin Forest Industry Co., Ltd., Shanghai-based business administration fund will hold 5% stake in Jilin Forest Industry Co., Ltd. and Jilin-based forest industry firm's stake in Jilin Forest Industry Co., Ltd. will decrease to 37.4% from 42.6%.
Zhao Zhihua and Shanghai-based business administration fund cancelled the acquisition of 25% stake in Jilin Forest Industry Co., Ltd. (SHSE:600189) from Jilin-based forest industry firm and others on October 24, 2018. Announcement • Jul 08
Jilin Forest Industry Co., Ltd. to Report First Half, 2020 Results on Aug 20, 2020 Jilin Forest Industry Co., Ltd. announced that they will report first half, 2020 results on Aug 20, 2020