New Risk • May 05
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 9.8% 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 Share price has been highly volatile over the past 3 months (9.8% average weekly change). Earnings have declined by 53% per year over the past 5 years. New Risk • Mar 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 8.5% 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 53% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (8.5% average weekly change). Announcement • Mar 30
Lionhead Technology Development Co.,Ltd. to Report Q1, 2026 Results on Apr 30, 2026 Lionhead Technology Development Co.,Ltd. announced that they will report Q1, 2026 results on Apr 30, 2026 Reported Earnings • Mar 04
Full year 2025 earnings released: CN¥0.09 loss per share (vs CN¥0.13 loss in FY 2024) Full year 2025 results: CN¥0.09 loss per share (improved from CN¥0.13 loss in FY 2024). Revenue: CN¥440.3m (down 8.3% from FY 2024). Net loss: CN¥21.8m (loss narrowed 26% from FY 2024). Over the last 3 years on average, earnings per share has fallen by 32% per year but the company’s share price has increased by 16% per year, which means it is well ahead of earnings. Announcement • Feb 27
Lionhead Technology Development Co.,Ltd., Annual General Meeting, Mar 20, 2026 Lionhead Technology Development Co.,Ltd., Annual General Meeting, Mar 20, 2026, at 14:00 China Standard Time. Location: The Company's Meeting Room, Taiyuan, Shanxi China Announcement • Dec 26
Lionhead Technology Development Co.,Ltd. to Report Fiscal Year 2025 Results on Apr 18, 2026 Lionhead Technology Development Co.,Ltd. announced that they will report fiscal year 2025 results on Apr 18, 2026 Reported Earnings • Oct 25
Third quarter 2025 earnings released: CN¥0.02 loss per share (vs CN¥0.005 loss in 3Q 2024) Third quarter 2025 results: CN¥0.02 loss per share (further deteriorated from CN¥0.005 loss in 3Q 2024). Revenue: CN¥103.2m (up 7.8% from 3Q 2024). Net loss: CN¥4.51m (loss widened 262% from 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 51% per year but the company’s share price has increased by 20% per year, which means it is well ahead of earnings. Announcement • Sep 30
Lionhead Technology Development Co.,Ltd. to Report Q3, 2025 Results on Oct 25, 2025 Lionhead Technology Development Co.,Ltd. announced that they will report Q3, 2025 results on Oct 25, 2025 New Risk • Aug 08
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 6.8% 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 44% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (6.8% average weekly change). Announcement • Jun 30
Lionhead Technology Development Co.,Ltd. to Report First Half, 2025 Results on Aug 30, 2025 Lionhead Technology Development Co.,Ltd. announced that they will report first half, 2025 results on Aug 30, 2025 Reported Earnings • Apr 27
First quarter 2025 earnings released: EPS: CN¥0.003 (vs CN¥0.017 loss in 1Q 2024) First quarter 2025 results: EPS: CN¥0.003 (up from CN¥0.017 loss in 1Q 2024). Revenue: CN¥116.8m (up 8.5% from 1Q 2024). Net income: CN¥583.0k (up CN¥4.46m from 1Q 2024). Profit margin: 0.5% (up from net loss in 1Q 2024). The move to profitability was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 106 percentage points per year, which is a significant difference in performance. Announcement • Apr 26
Lionhead Technology Development Co.,Ltd., Annual General Meeting, May 16, 2025 Lionhead Technology Development Co.,Ltd., Annual General Meeting, May 16, 2025, at 14:00 China Standard Time. Location: The Company's Meeting Room, Taiyuan, Shanxi China Announcement • Mar 28
Lionhead Technology Development Co.,Ltd. to Report Q1, 2025 Results on Apr 26, 2025 Lionhead Technology Development Co.,Ltd. announced that they will report Q1, 2025 results on Apr 26, 2025 Board Change • Mar 10
Less than half of directors are independent There are 8 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 8 new directors. 4 experienced directors. No highly experienced directors. 3 independent directors (6 non-independent directors). Independent Director Youdong Liu is the most experienced director on the board, commencing their role in 2019. Independent Director Sha Fang was the last independent director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors. Announcement • Dec 27
Lionhead Technology Development Co.,Ltd. to Report Fiscal Year 2024 Results on Apr 26, 2025 Lionhead Technology Development Co.,Ltd. announced that they will report fiscal year 2024 results on Apr 26, 2025 Reported Earnings • Oct 31
Third quarter 2024 earnings released: CN¥0.005 loss per share (vs CN¥0.045 loss in 3Q 2023) Third quarter 2024 results: CN¥0.005 loss per share (improved from CN¥0.045 loss in 3Q 2023). Revenue: CN¥95.8m (down 13% from 3Q 2023). Net loss: CN¥1.25m (loss narrowed 88% from 3Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 113 percentage points per year, which is a significant difference in performance. Buy Or Sell Opportunity • Oct 09
Now 25% undervalued Over the last 90 days, the stock has risen 21% to CN¥4.45. The fair value is estimated to be CN¥5.97, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.3% over the last 3 years. Meanwhile, the company became loss making. Announcement • Sep 30
Lionhead Technology Development Co.,Ltd. to Report Q3, 2024 Results on Oct 31, 2024 Lionhead Technology Development Co.,Ltd. announced that they will report Q3, 2024 results on Oct 31, 2024 Reported Earnings • Aug 31
Second quarter 2024 earnings released: CN¥0.009 loss per share (vs CN¥0.01 loss in 2Q 2023) Second quarter 2024 results: CN¥0.009 loss per share (improved from CN¥0.01 loss in 2Q 2023). Revenue: CN¥116.0m (down 7.8% from 2Q 2023). Net loss: CN¥1.99m (loss narrowed 11% from 2Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 100 percentage points per year, which is a significant difference in performance. Announcement • Jun 28
Lionhead Technology Development Co., Ltd. to Report First Half, 2024 Results on Aug 31, 2024 Lionhead Technology Development Co., Ltd. announced that they will report first half, 2024 results on Aug 31, 2024 New Risk • Jun 04
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 8.4% 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: Major Risk Earnings have declined by 29% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (8.4% average weekly change). Announcement • Apr 21
Lionhead Technology Development Co., Ltd., Annual General Meeting, May 10, 2024 Lionhead Technology Development Co., Ltd., Annual General Meeting, May 10, 2024, at 14:00 China Standard Time. Location: The Company's Meeting Room, Taiyuan, Shanxi China Reported Earnings • Apr 20
Full year 2023 earnings released: CN¥0.34 loss per share (vs CN¥0.08 profit in FY 2022) Full year 2023 results: CN¥0.34 loss per share (down from CN¥0.08 profit in FY 2022). Revenue: CN¥458.2m (down 22% from FY 2022). Net loss: CN¥77.6m (down CN¥95.1m from profit in FY 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 67 percentage points per year, which is a significant difference in performance. Announcement • Mar 29
Lionhead Technology Development Co., Ltd. to Report Q1, 2024 Results on Apr 27, 2024 Lionhead Technology Development Co., Ltd. announced that they will report Q1, 2024 results on Apr 27, 2024 Announcement • Dec 30
Lionhead Technology Development Co., Ltd. to Report Fiscal Year 2023 Results on Apr 20, 2024 Lionhead Technology Development Co., Ltd. announced that they will report fiscal year 2023 results on Apr 20, 2024 Reported Earnings • Nov 01
Third quarter 2023 earnings released: CN¥0.045 loss per share (vs CN¥0.001 loss in 3Q 2022) Third quarter 2023 results: CN¥0.045 loss per share (further deteriorated from CN¥0.001 loss in 3Q 2022). Revenue: CN¥109.9m (down 5.9% from 3Q 2022). Net loss: CN¥10.4m (loss widened CN¥10.2m from 3Q 2022). Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Reported Earnings • Aug 31
Second quarter 2023 earnings released: CN¥0.01 loss per share (vs CN¥0.011 profit in 2Q 2022) Second quarter 2023 results: CN¥0.01 loss per share (down from CN¥0.011 profit in 2Q 2022). Revenue: CN¥125.8m (down 2.9% from 2Q 2022). Net loss: CN¥2.23m (down 191% from profit in 2Q 2022). Over the last 3 years on average, earnings per share has increased by 55% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Reported Earnings • Apr 15
Full year 2022 earnings released: EPS: CN¥0.08 (vs CN¥0.06 in FY 2021) Full year 2022 results: EPS: CN¥0.08 (up from CN¥0.06 in FY 2021). Revenue: CN¥588.6m (up 26% from FY 2021). Net income: CN¥17.5m (up 21% from FY 2021). Profit margin: 3.0% (down from 3.1% in FY 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 85% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Reported Earnings • Oct 30
Third quarter 2022 earnings released: CN¥0.001 loss per share (vs CN¥0.011 profit in 3Q 2021) Third quarter 2022 results: CN¥0.001 loss per share (down from CN¥0.011 profit in 3Q 2021). Revenue: CN¥116.9m (up 26% from 3Q 2021). Net loss: CN¥240.4k (down 109% from profit in 3Q 2021). Over the last 3 years on average, earnings per share has increased by 68% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Reported Earnings • Sep 02
Second quarter 2022 earnings released: EPS: CN¥0.011 (vs CN¥0.018 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.011 (down from CN¥0.018 in 2Q 2021). Revenue: CN¥129.5m (up 7.6% from 2Q 2021). Net income: CN¥2.46m (down 41% from 2Q 2021). Profit margin: 1.9% (down from 3.5% 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 54% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Reported Earnings • May 02
First quarter 2022 earnings released: EPS: CN¥0.001 (vs CN¥0.018 in 1Q 2021) First quarter 2022 results: EPS: CN¥0.001 (down from CN¥0.018 in 1Q 2021). Revenue: CN¥111.4m (up 29% from 1Q 2021). Net income: CN¥122.1k (down 97% from 1Q 2021). Profit margin: 0.1% (down from 4.7% in 1Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. Reported Earnings • Apr 19
Full year 2021 earnings released: EPS: CN¥0.06 (vs CN¥0.05 in FY 2020) Full year 2021 results: EPS: CN¥0.06 (up from CN¥0.05 in FY 2020). Revenue: CN¥465.7m (up 125% from FY 2020). Net income: CN¥14.5m (up 30% from FY 2020). Profit margin: 3.1% (down from 5.4% in FY 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Reported Earnings • Oct 31
Third quarter 2021 earnings released: EPS CN¥0.011 (vs CN¥0.005 in 3Q 2020) The company reported a solid third quarter result with improved earnings and revenues, although profit margins were weaker. Third quarter 2021 results: Revenue: CN¥93.0m (up 147% from 3Q 2020). Net income: CN¥2.55m (up 143% from 3Q 2020). Profit margin: 2.7% (down from 2.8% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 46% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. Reported Earnings • Aug 31
Second quarter 2021 earnings released: EPS CN¥0.018 (vs CN¥0.002 in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CN¥120.3m (up CN¥104.7m from 2Q 2020). Net income: CN¥4.19m (up CN¥3.66m from 2Q 2020). Profit margin: 3.5% (up from 3.4% in 2Q 2020). 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 4% per year, which means it is significantly lagging earnings growth. Reported Earnings • May 02
Full year 2020 earnings released: EPS CN¥0.05 (vs CN¥0.09 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¥207.3m (up 276% from FY 2019). Net income: CN¥11.1m (up CN¥31.0m from FY 2019). Profit margin: 5.4% (up from net loss in FY 2019). The move to profitability 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 1% per year, which means it is significantly lagging earnings growth. Is New 90 Day High Low • Feb 01
New 90-day low: CN¥6.43 The company is down 14% from its price of CN¥7.46 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 Basic Materials industry, which is up 8.0% over the same period. Is New 90 Day High Low • Jan 13
New 90-day low: CN¥6.68 The company is down 10.0% from its price of CN¥7.39 on 15 October 2020. The Chinese market is up 6.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Basic Materials industry, which is up 4.0% over the same period. Is New 90 Day High Low • Dec 03
New 90-day low: CN¥6.99 The company is down 5.0% from its price of CN¥7.32 on 04 September 2020. The Chinese market is down 1.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Basic Materials industry, which is down 9.0% over the same period. Reported Earnings • Nov 01
Third quarter earnings released Over the last 12 months the company has reported total losses of CN¥21.9m, with earnings decreasing by CN¥29.8m from the prior year. Total revenue was CN¥78.3m over the last 12 months, up 7.7% from the prior year. Is New 90 Day High Low • Oct 30
New 90-day high: CN¥7.54 The company is up 5.0% from its price of CN¥7.15 on 31 July 2020. The Chinese market is down 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Basic Materials industry, which is down 9.0% over the same period. Announcement • Oct 29
Taiyuan Lionhead Cement Co.,Ltd. to Report Q3, 2020 Results on Oct 31, 2020 Taiyuan Lionhead Cement Co.,Ltd. announced that they will report Q3, 2020 results on Oct 31, 2020 Announcement • Sep 10
Taiyuan Lionhead Cement Co.,Ltd. (SHSE:600539) completed the acquisition of 17.58% stake in Hangzhou Quentin Science and Technology Co.,Ltd from a group of sellers. Taiyuan Lionhead Cement Co.,Ltd. (SHSE:600539) agreed to acquire 17.58% stake in Hangzhou Quentin Science and Technology Co.,Ltd from a group of sellers on March 31, 2020. Taiyuan Lionhead Cement Co.,Ltd. entered into a share purchase agreement to acquire 17.58% stake in Hangzhou Quentin Science and Technology Co.,Ltd from a group of sellers for CNY 56.4 million on June 3, 2020. Under the terms of the agreement Hangzhou Kunyang Investment Management Partnership Enterprise (Limited Partnership) will transfer 1.36% stake for CNY 4.4 million, Fang Hebing will transfer 10.66% stake for CNY 34.2 million, Liu Jiadong will transfer 1.54% stake for CNY 4.95 million, Fang Linbin will transfer 1.54% stake for CNY 4.95 million, He Rong will transfer 1.17% stake for CNY 3.8 million, Zhang Yuanfan will transfer 0.8% stake for CNY 2.6 million and Bai Zhiyong will transfer 0.5% stake for CNY 1.6 million. On June 3, 2020, Board of Directors of Taiyuan Lionhead Cement Co.,Ltd. approved the transaction and Hangzhou Kunyang Investment Management Partnership Enterprise (Limited Partnership) held a Partner meeting and approved the transaction. The transcation is subject to Shanghai Stock Exchange’s Approval and approval of shareholders of Taiyuan Lionhead Cement. Southwest Securities Co., Ltd. (SHSE:600369) acted as financial advisor alongside AllBright Law Offices acting as legal advisor and Zhonghui Certified Public Accountants (Special General Partnership) acting as Accountant to Taiyuan Lionhead Cement.
Taiyuan Lionhead Cement Co.,Ltd. (SHSE:600539) completed the acquisition of 17.58% stake in Hangzhou Quentin Science and Technology Co.,Ltd from a group of sellers on September 4, 2020. Announcement • Jul 18
Taiyuan Lionhead Cement Co.,Ltd. to Report First Half, 2020 Results on Aug 31, 2020 Taiyuan Lionhead Cement Co.,Ltd. announced that they will report first half, 2020 results on Aug 31, 2020