Announcement • Apr 24
Cangzhou Dahua Co., Ltd., Annual General Meeting, May 28, 2026 Cangzhou Dahua Co., Ltd., Annual General Meeting, May 28, 2026, at 10:30 China Standard Time. Location: The Company's Meeting Room, Cangzhou, Hebei China New Risk • Apr 24
New major risk - Revenue and earnings growth Earnings have declined by 18% 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. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (11% average weekly change). Earnings have declined by 18% per year over the past 5 years. Minor Risk Large one-off items impacting financial results. Reported Earnings • Apr 24
Full year 2025 earnings released: EPS: CN¥0.075 (vs CN¥0.07 in FY 2024) Full year 2025 results: EPS: CN¥0.075 (up from CN¥0.07 in FY 2024). Revenue: CN¥4.56b (down 10.0% from FY 2024). Net income: CN¥30.9m (up 11% from FY 2024). Profit margin: 0.7% (up from 0.5% in FY 2024). 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 • Mar 30
Cangzhou Dahua Co., Ltd. to Report Q1, 2026 Results on Apr 30, 2026 Cangzhou Dahua Co., Ltd. announced that they will report Q1, 2026 results on Apr 30, 2026 New Risk • Feb 25
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 9.7% 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. This is currently the only risk that has been identified for the company. New Risk • Jan 22
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 7.4% 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. This is currently the only risk that has been identified for the company. Announcement • Dec 26
Cangzhou Dahua Co., Ltd. to Report Fiscal Year 2025 Results on Apr 24, 2026 Cangzhou Dahua Co., Ltd. announced that they will report fiscal year 2025 results on Apr 24, 2026 Reported Earnings • Oct 31
Third quarter 2025 earnings released: EPS: CN¥0.058 (vs CN¥0.019 loss in 3Q 2024) Third quarter 2025 results: EPS: CN¥0.058 (up from CN¥0.019 loss in 3Q 2024). Revenue: CN¥1.12b (down 7.4% from 3Q 2024). Net income: CN¥24.2m (up CN¥32.1m from 3Q 2024). Profit margin: 2.2% (up from net loss in 3Q 2024). The move to profitability was 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 52 percentage points per year, which is a significant difference in performance. Announcement • Sep 30
Cangzhou Dahua Co., Ltd. to Report Q3, 2025 Results on Oct 31, 2025 Cangzhou Dahua Co., Ltd. announced that they will report Q3, 2025 results on Oct 31, 2025 New Risk • Jul 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 7.0% 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 (7.0% average weekly change). Profit margins are more than 30% lower than last year (0.3% net profit margin). Announcement • Jun 30
Cangzhou Dahua Co., Ltd. to Report First Half, 2025 Results on Aug 30, 2025 Cangzhou Dahua Co., Ltd. announced that they will report first half, 2025 results on Aug 30, 2025 Board Change • May 31
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 4 non-independent directors. Independent Director Qiaohong Huo was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Apr 20
Cangzhou Dahua Co., Ltd., Annual General Meeting, May 28, 2025 Cangzhou Dahua Co., Ltd., Annual General Meeting, May 28, 2025, at 10:30 China Standard Time. Location: The Company's Meeting Room, Cangzhou, Hebei China Reported Earnings • Apr 19
Full year 2024 earnings released: EPS: CN¥0.07 (vs CN¥0.46 in FY 2023) Full year 2024 results: EPS: CN¥0.07 (down from CN¥0.46 in FY 2023). Revenue: CN¥5.07b (up 4.2% from FY 2023). Net income: CN¥27.7m (down 85% from FY 2023). Profit margin: 0.5% (down from 3.9% in FY 2023). Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings. Announcement • Mar 28
Cangzhou Dahua Co., Ltd. to Report Q1, 2025 Results on Apr 30, 2025 Cangzhou Dahua Co., Ltd. announced that they will report Q1, 2025 results on Apr 30, 2025 Announcement • Dec 27
Cangzhou Dahua Co., Ltd. to Report Fiscal Year 2024 Results on Apr 19, 2025 Cangzhou Dahua Co., Ltd. announced that they will report fiscal year 2024 results on Apr 19, 2025 Reported Earnings • Oct 31
Third quarter 2024 earnings released: CN¥0.019 loss per share (vs CN¥0.21 profit in 3Q 2023) Third quarter 2024 results: CN¥0.019 loss per share (down from CN¥0.21 profit in 3Q 2023). Revenue: CN¥1.21b (down 15% from 3Q 2023). Net loss: CN¥7.91m (down 109% from profit in 3Q 2023). Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings. Announcement • Sep 30
Cangzhou Dahua Co., Ltd. to Report Q3, 2024 Results on Oct 31, 2024 Cangzhou Dahua 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 19% After last week's 19% share price gain to CN¥11.19, the stock trades at a trailing P/E ratio of 47.1x. Average trailing P/E is 30x in the Chemicals industry in China. Total loss to shareholders of 27% over the past three years. Reported Earnings • Aug 31
Second quarter 2024 earnings released: EPS: CN¥0.021 (vs CN¥0.12 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.021 (down from CN¥0.12 in 2Q 2023). Revenue: CN¥1.31b (up 14% from 2Q 2023). Net income: CN¥8.86m (down 82% from 2Q 2023). Profit margin: 0.7% (down from 4.3% in 2Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 20% per year, which means it is significantly lagging earnings. New Risk • Jul 30
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 7.4% 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 Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (7.4% average weekly change). Profit margins are more than 30% lower than last year (2.8% net profit margin). Announcement • Jun 28
Cangzhou Dahua Co., Ltd. to Report First Half, 2024 Results on Aug 31, 2024 Cangzhou Dahua Co., Ltd. announced that they will report first half, 2024 results on Aug 31, 2024 New Risk • May 08
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: 3.9% Last year net profit margin: 8.5% 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. Profit margins are more than 30% lower than last year (3.9% net profit margin). Valuation Update With 7 Day Price Move • May 07
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to CN¥12.03, the stock trades at a trailing P/E ratio of 11.5x. Average trailing P/E is 34x in the Chemicals industry in China. Total returns to shareholders of 8.2% over the past three years. Announcement • Apr 30
Cangzhou Dahua Co., Ltd., Annual General Meeting, May 20, 2024 Cangzhou Dahua Co., Ltd., Annual General Meeting, May 20, 2024, at 10:30 China Standard Time. Location: The Company's Meeting Room, Cangzhou, Hebei China Announcement • Mar 30
Cangzhou Dahua Co., Ltd. to Report Q1, 2024 Results on Apr 29, 2024 Cangzhou Dahua Co., Ltd. announced that they will report Q1, 2024 results on Apr 29, 2024 Valuation Update With 7 Day Price Move • Feb 01
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to CN¥10.34, the stock trades at a trailing P/E ratio of 9.8x. Average trailing P/E is 28x in the Chemicals industry in China. Total returns to shareholders of 6.0% over the past three years. Announcement • Dec 29
Cangzhou Dahua Co., Ltd. to Report Fiscal Year 2023 Results on Apr 27, 2024 Cangzhou Dahua Co., Ltd. announced that they will report fiscal year 2023 results on Apr 27, 2024 Reported Earnings • Nov 01
Third quarter 2023 earnings released: EPS: CN¥0.21 (vs CN¥0.078 in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.21 (up from CN¥0.078 in 3Q 2022). Revenue: CN¥1.42b (up 15% from 3Q 2022). Net income: CN¥87.3m (up 169% from 3Q 2022). Profit margin: 6.1% (up from 2.6% in 3Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 55% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth. Announcement • Sep 30
Cangzhou Dahua Co., Ltd. to Report Q3, 2023 Results on Oct 28, 2023 Cangzhou Dahua Co., Ltd. announced that they will report Q3, 2023 results at 3:00 PM, China Standard Time on Oct 28, 2023 Reported Earnings • Aug 25
Second quarter 2023 earnings released: EPS: CN¥0.12 (vs CN¥0.15 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.12 (down from CN¥0.15 in 2Q 2022). Revenue: CN¥1.15b (down 9.5% from 2Q 2022). Net income: CN¥49.6m (down 20% from 2Q 2022). Profit margin: 4.3% (down from 4.9% in 2Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 62% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth. Reported Earnings • Apr 28
Full year 2022 earnings: Revenues exceed analysts expectations while EPS lags behind Full year 2022 results: EPS: CN¥1.02 (up from CN¥0.54 in FY 2021). Revenue: CN¥4.91b (up 106% from FY 2021). Net income: CN¥420.1m (up 91% from FY 2021). Profit margin: 8.5% (down from 9.2% in FY 2021). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 3.0%. Earnings per share (EPS) missed analyst estimates by 59%. Revenue is forecast to grow 11% p.a. on average during the next 2 years, compared to a 16% growth forecast for the Chemicals 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 only increased by 31% per year, which means it is significantly lagging earnings growth. Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Director Changqing Li was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Oct 27
Third quarter 2022 earnings released: EPS: CN¥0.078 (vs CN¥0.047 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.078 (up from CN¥0.047 in 3Q 2021). Revenue: CN¥1.23b (up 139% from 3Q 2021). Net income: CN¥32.4m (up 65% from 3Q 2021). Profit margin: 2.6% (down from 3.8% in 3Q 2021). 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 18% growth forecast for the Chemicals 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 only increased by 22% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Oct 17
Investor sentiment improved over the past week After last week's 25% share price gain to CN¥25.92, the stock trades at a trailing P/E ratio of 53x. Average trailing P/E is 26x in the Chemicals industry in China. Total returns to shareholders of 128% over the past three years. Valuation Update With 7 Day Price Move • Oct 03
Investor sentiment improved over the past week After last week's 16% share price gain to CN¥20.09, the stock trades at a trailing P/E ratio of 41.1x. Average trailing P/E is 25x in the Chemicals industry in China. Total returns to shareholders of 77% over the past three years. Valuation Update With 7 Day Price Move • Sep 06
Investor sentiment improved over the past week After last week's 17% share price gain to CN¥20.64, the stock trades at a trailing P/E ratio of 42.2x. Average trailing P/E is 28x in the Chemicals industry in China. Total returns to shareholders of 60% over the past three years. Reported Earnings • Aug 18
Second quarter 2022 earnings released: EPS: CN¥0.15 (vs CN¥0.20 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.15 (down from CN¥0.20 in 2Q 2021). Revenue: CN¥1.27b (up 105% from 2Q 2021). Net income: CN¥61.7m (down 27% from 2Q 2021). Profit margin: 4.9% (down from 14% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 51% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Aug 12
Investor sentiment improved over the past week After last week's 20% share price gain to CN¥16.84, the stock trades at a trailing P/E ratio of 30.9x. Average trailing P/E is 30x in the Chemicals industry in China. Total returns to shareholders of 36% over the past three years. Valuation Update With 7 Day Price Move • Jun 15
Investor sentiment improved over the past week After last week's 21% share price gain to CN¥18.10, the stock trades at a trailing P/E ratio of 33.2x. Average trailing P/E is 27x in the Chemicals industry in China. Total returns to shareholders of 33% over the past three years. 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. 12 experienced directors. No highly experienced directors. 4 independent directors (6 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. Valuation Update With 7 Day Price Move • Feb 01
Investor sentiment improved over the past week After last week's 16% share price gain to CN¥16.91, the stock trades at a trailing P/E ratio of 17.6x. Average trailing P/E is 31x in the Chemicals industry in China. Total returns to shareholders of 4.1% over the past three years. Reported Earnings • Oct 28
Third quarter 2021 earnings released: EPS CN¥0.047 (vs CN¥0.015 loss in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: CN¥517.1m (up 3.8% from 3Q 2020). Net income: CN¥19.7m (up CN¥25.8m from 3Q 2020). Profit margin: 3.8% (up from net loss in 3Q 2020). 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. Valuation Update With 7 Day Price Move • Sep 28
Investor sentiment deteriorated over the past week After last week's 16% share price decline to CN¥17.20, the stock trades at a trailing P/E ratio of 19.1x. Average trailing P/E is 32x in the Chemicals industry in China. Total loss to shareholders of 23% over the past three years. Valuation Update With 7 Day Price Move • Sep 13
Investor sentiment improved over the past week After last week's 22% share price gain to CN¥21.78, the stock trades at a trailing P/E ratio of 24x. Average trailing P/E is 33x in the Chemicals industry in China. Total returns to shareholders of 2.9% over the past three years. Valuation Update With 7 Day Price Move • Aug 25
Investor sentiment improved over the past week After last week's 15% share price gain to CN¥18.81, the stock trades at a trailing P/E ratio of 20.7x. Average trailing P/E is 32x in the Chemicals industry in China. Total loss to shareholders of 22% over the past three years. Reported Earnings • Aug 05
Second quarter 2021 earnings released: EPS CN¥0.20 (vs CN¥0.31 loss in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CN¥618.7m (up 63% from 2Q 2020). Net income: CN¥85.0m (up CN¥212.2m from 2Q 2020). Profit margin: 14% (up from net loss in 2Q 2020). 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. Valuation Update With 7 Day Price Move • Jul 09
Investor sentiment improved over the past week After last week's 15% share price gain to CN¥13.62, the stock trades at a trailing P/E ratio of 34.1x. Average trailing P/E is 29x in the Chemicals industry in China. Total loss to shareholders of 44% over the past three years. Reported Earnings • Apr 11
Full year 2020 earnings released: EPS CN¥0.09 (vs CN¥0.11 in FY 2019) The company reported a poor full year result with weaker earnings and revenues, although profit margins were flat. Full year 2020 results: Revenue: CN¥1.65b (down 22% from FY 2019). Net income: CN¥36.9m (down 19% from FY 2019). Profit margin: 2.2% (in line with FY 2019). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 76 percentage points per year, which is a significant difference in performance. Is New 90 Day High Low • Feb 26
New 90-day high: CN¥15.38 The company is up 54% from its price of CN¥9.96 on 27 November 2020. The Chinese market is up 5.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Chemicals industry, which is up 15% over the same period. Is New 90 Day High Low • Feb 09
New 90-day high: CN¥11.78 The company is up 21% from its price of CN¥9.71 on 11 November 2020. The Chinese market is up 4.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Chemicals industry, which is up 15% over the same period. Announcement • Jan 28
Cangzhou Dahua Co., Ltd.(XSSC:600230) dropped from S&P Global BMI Index Cangzhou Dahua Co., Ltd.(XSSC:600230) dropped from S&P Global BMI Index Is New 90 Day High Low • Jan 08
New 90-day low: CN¥8.60 The company is down 16% from its price of CN¥10.19 on 09 October 2020. The Chinese market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 15% over the same period. Is New 90 Day High Low • Dec 24
New 90-day low: CN¥8.85 The company is down 13% from its price of CN¥10.18 on 25 September 2020. The Chinese market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 9.0% over the same period. Reported Earnings • Oct 28
Third quarter earnings released Over the last 12 months the company has reported total losses of CN¥174.5m, with earnings decreasing by CN¥186.6m from the prior year. Total revenue was CN¥1.57b over the last 12 months, down 37% from the prior year. Is New 90 Day High Low • Oct 26
New 90-day low: CN¥9.44 The company is down 8.0% from its price of CN¥10.21 on 28 July 2020. The Chinese market is up 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 7.0% over the same period. Announcement • Jul 10
Cangzhou Dahua Co., Ltd. to Report First Half, 2020 Results on Aug 28, 2020 Cangzhou Dahua Co., Ltd. announced that they will report first half, 2020 results on Aug 28, 2020