Reported Earnings • Apr 22
First quarter 2026 earnings released: EPS: CN¥0.009 (vs CN¥0.016 in 1Q 2025) First quarter 2026 results: EPS: CN¥0.009 (down from CN¥0.016 in 1Q 2025). Revenue: CN¥1.30b (up 15% from 1Q 2025). Net income: CN¥14.9m (down 45% from 1Q 2025). Profit margin: 1.1% (down from 2.4% in 1Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 72 percentage points per year, which is a significant difference in performance. Announcement • Apr 21
Snowsky Salt Industry Group CO.,LTD, Annual General Meeting, May 15, 2026 Snowsky Salt Industry Group CO.,LTD, Annual General Meeting, May 15, 2026, at 14:30 China Standard Time. Location: 12F, Tower A, No. 388, Times Sunshine Avenue West, Yuhua District, Changsha, Hunan China Announcement • Mar 30
Snowsky Salt Industry Group CO.,LTD to Report Q1, 2026 Results on Apr 21, 2026 Snowsky Salt Industry Group CO.,LTD announced that they will report Q1, 2026 results on Apr 21, 2026 Announcement • Dec 26
Snowsky Salt Industry Group CO.,LTD to Report Fiscal Year 2025 Results on Apr 21, 2026 Snowsky Salt Industry Group CO.,LTD announced that they will report fiscal year 2025 results on Apr 21, 2026 Reported Earnings • Oct 25
Third quarter 2025 earnings released: CN¥0.023 loss per share (vs CN¥0.006 profit in 3Q 2024) Third quarter 2025 results: CN¥0.023 loss per share (down from CN¥0.006 profit in 3Q 2024). Revenue: CN¥967.2m (down 15% from 3Q 2024). Net loss: CN¥37.8m (down 473% from profit in 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 57% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings. Announcement • Sep 30
Snowsky Salt Industry Group CO.,LTD to Report Q3, 2025 Results on Oct 25, 2025 Snowsky Salt Industry Group CO.,LTD announced that they will report Q3, 2025 results on Oct 25, 2025 Announcement • Jun 30
Snowsky Salt Industry Group CO.,LTD to Report First Half, 2025 Results on Aug 09, 2025 Snowsky Salt Industry Group CO.,LTD announced that they will report first half, 2025 results on Aug 09, 2025 New Risk • Apr 15
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: 2.9% 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: Minor Risks Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (2.9% net profit margin). Reported Earnings • Apr 15
First quarter 2025 earnings released: EPS: CN¥0.016 (vs CN¥0.11 in 1Q 2024) First quarter 2025 results: EPS: CN¥0.016 (down from CN¥0.11 in 1Q 2024). Revenue: CN¥1.13b (down 27% from 1Q 2024). Net income: CN¥26.8m (down 86% from 1Q 2024). Profit margin: 2.4% (down from 12% in 1Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has only fallen by 12% per year, which means it has not declined as severely as earnings. Announcement • Apr 15
Snowsky Salt Industry Group CO.,LTD, Annual General Meeting, May 09, 2025 Snowsky Salt Industry Group CO.,LTD, Annual General Meeting, May 09, 2025, at 14:30 China Standard Time. Location: 12F, Tower A, No. 388, Times Sunshine Avenue West, Yuhua District, Changsha, Hunan China Announcement • Mar 28
Snowsky Salt Industry Group CO.,LTD to Report Q1, 2025 Results on Apr 15, 2025 Snowsky Salt Industry Group CO.,LTD announced that they will report Q1, 2025 results on Apr 15, 2025 Buy Or Sell Opportunity • Jan 24
Now 20% overvalued Over the last 90 days, the stock has fallen 8.7% to CN¥5.34. The fair value is estimated to be CN¥4.44, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 6.0% over the last 3 years. Earnings per share has grown by 5.2%. Revenue is forecast to grow by 36% in 2 years. Earnings are forecast to grow by 64% in the next 2 years. Announcement • Dec 27
Snowsky Salt Industry Group CO.,LTD to Report Fiscal Year 2024 Results on Apr 15, 2025 Snowsky Salt Industry Group CO.,LTD announced that they will report fiscal year 2024 results on Apr 15, 2025 Reported Earnings • Oct 31
Third quarter 2024 earnings released: EPS: CN¥0.006 (vs CN¥0.11 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.006 (down from CN¥0.11 in 3Q 2023). Revenue: CN¥1.14b (down 23% from 3Q 2023). Net income: CN¥10.1m (down 94% from 3Q 2023). Profit margin: 0.9% (down from 11% in 3Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 14% p.a. on average during the next 3 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 5% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings. Announcement • Sep 30
Snowsky Salt Industry Group CO.,LTD to Report Q3, 2024 Results on Oct 31, 2024 Snowsky Salt Industry Group 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¥6.16, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 16x in the Chemicals industry in China. Total loss to shareholders of 5.7% over the past three years. Reported Earnings • Aug 17
Second quarter 2024 earnings released: EPS: CN¥0.086 (vs CN¥0.086 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.086 (in line with 2Q 2023). Revenue: CN¥1.46b (up 1.8% from 2Q 2023). Net income: CN¥142.1m (up 12% from 2Q 2023). Profit margin: 9.7% (in line with 2Q 2023). Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Chemicals industry in China. 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 10% per year, which means it is significantly lagging earnings. Buy Or Sell Opportunity • Aug 08
Now 21% overvalued Over the last 90 days, the stock has fallen 11% to CN¥5.53. The fair value is estimated to be CN¥4.58, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Earnings per share has grown by 27%. Revenue is forecast to grow by 21% in 2 years. Earnings are forecast to grow by 22% in the next 2 years. Announcement • Jun 29
Snowsky Salt Industry Group CO.,LTD to Report First Half, 2024 Results on Aug 17, 2024 Snowsky Salt Industry Group CO.,LTD announced that they will report first half, 2024 results on Aug 17, 2024 Announcement • Jun 05
Snowsky Salt Industry Group CO.,LTD, Annual General Meeting, Jun 24, 2024 Snowsky Salt Industry Group CO.,LTD, Annual General Meeting, Jun 24, 2024, at 14:00 China Standard Time. Location: 12F, Tower A, No. 388, Shidai Yangguang Avenue West, Yuhua District, Changsha, Hunan China Reported Earnings • Apr 09
Full year 2023 earnings released: EPS: CN¥0.45 (vs CN¥0.55 in FY 2022) Full year 2023 results: EPS: CN¥0.45 (down from CN¥0.55 in FY 2022). Revenue: CN¥6.26b (down 2.8% from FY 2022). Net income: CN¥708.8m (down 7.9% from FY 2022). Profit margin: 11% (in line with FY 2022). Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Announcement • Mar 29
Snowsky Salt Industry Group Co., Ltd. to Report Q1, 2024 Results on Apr 27, 2024 Snowsky Salt Industry Group Co., Ltd. announced that they will report Q1, 2024 results on Apr 27, 2024 Valuation Update With 7 Day Price Move • Feb 05
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to CN¥4.65, the stock trades at a trailing P/E ratio of 11.8x. Average trailing P/E is 26x in the Chemicals industry in China. Total returns to shareholders of 3.0% over the past three years. Announcement • Dec 29
Snowsky Salt Industry Group Co., Ltd. to Report Fiscal Year 2023 Results on Apr 09, 2024 Snowsky Salt Industry Group Co., Ltd. announced that they will report fiscal year 2023 results on Apr 09, 2024 Reported Earnings • Oct 26
Third quarter 2023 earnings released: EPS: CN¥0.11 (vs CN¥0.11 in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.11 (in line with 3Q 2022). Revenue: CN¥1.48b (up 6.1% from 3Q 2022). Net income: CN¥168.1m (up 7.8% from 3Q 2022). Profit margin: 11% (in line with 3Q 2022). Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Reported Earnings • Aug 18
Second quarter 2023 earnings released: EPS: CN¥0.086 (vs CN¥0.24 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.086 (down from CN¥0.24 in 2Q 2022). Revenue: CN¥1.44b (down 20% from 2Q 2022). Net income: CN¥126.7m (down 60% from 2Q 2022). Profit margin: 8.8% (down from 18% 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 51% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Buying Opportunity • Aug 07
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 4.7%. The fair value is estimated to be CN¥9.60, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 36% over the last 3 years. Earnings per share has grown by 57%. Announcement • Jun 28
Snowsky Salt Industry Group Co., Ltd. to Report First Half, 2023 Results on Aug 18, 2023 Snowsky Salt Industry Group Co., Ltd. announced that they will report first half, 2023 results on Aug 18, 2023 Buying Opportunity • Jun 21
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 5.6%. The fair value is estimated to be CN¥9.74, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 36% over the last 3 years. Earnings per share has grown by 57%. Revenue is forecast to grow by 27% in a year. Earnings is forecast to grow by 72% in the next year. Buying Opportunity • May 17
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 6.1%. The fair value is estimated to be CN¥9.83, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 36% over the last 3 years. Earnings per share has grown by 57%. Revenue is forecast to grow by 27% in a year. Earnings is forecast to grow by 72% in the next year. Reported Earnings • Apr 26
First quarter 2023 earnings released: EPS: CN¥0.14 (vs CN¥0.10 in 1Q 2022) First quarter 2023 results: EPS: CN¥0.14 (up from CN¥0.10 in 1Q 2022). Revenue: CN¥1.50b (flat on 1Q 2022). Net income: CN¥206.3m (up 45% from 1Q 2022). Profit margin: 14% (up from 9.5% in 1Q 2022). Revenue is forecast to grow 21% p.a. on average during the next 2 years, compared to a 17% growth forecast for the Chemicals industry in China. Over the last 3 years on average, earnings per share has increased by 57% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth. Price Target Changed • Nov 16
Price target increased to CN¥11.17 Up from CN¥8.88, the current price target is an average from 2 analysts. New target price is 28% above last closing price of CN¥8.76. Stock is up 21% over the past year. The company is forecast to post earnings per share of CN¥0.60 for next year compared to CN¥0.30 last year. 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. 9 experienced directors. No highly experienced directors. 2 independent directors (5 non-independent directors). Director Zong Yun Xu was the last director to join the board, commencing their role in 2018. 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 27
Third quarter 2022 earnings released: EPS: CN¥0.11 (vs CN¥0.014 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.11 (up from CN¥0.014 in 3Q 2021). Revenue: CN¥1.40b (up 132% from 3Q 2021). Net income: CN¥155.9m (up CN¥143.0m from 3Q 2021). Profit margin: 11% (up from 2.1% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 11% 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 51% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth. Reported Earnings • Aug 09
Second quarter 2022 earnings released: EPS: CN¥0.24 (vs CN¥0.023 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.24 (up from CN¥0.023 in 2Q 2021). Revenue: CN¥1.80b (up 214% from 2Q 2021). Net income: CN¥319.1m (up CN¥297.9m from 2Q 2021). Profit margin: 18% (up from 3.7% in 2Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is expected to shrink by 2.8% compared to a 41% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Jul 29
Investor sentiment improved over the past week After last week's 15% share price gain to CN¥10.86, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 17x in the Chemicals industry in China. Total returns to shareholders of 52% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥5.13 per share. Major Estimate Revision • Jul 16
Consensus EPS estimates increase by 16% The consensus outlook for earnings per share (EPS) in 2022 has improved. 2022 revenue forecast increased from CN¥5.70b to CN¥5.78b. EPS estimate increased from CN¥0.47 to CN¥0.54 per share. Net income forecast to grow 61% next year vs 41% growth forecast for Chemicals industry in China. Consensus price target of CN¥9.88 unchanged from last update. Share price fell 5.9% to CN¥9.05 over the past week. Valuation Update With 7 Day Price Move • Jun 30
Investor sentiment improved over the past week After last week's 23% share price gain to CN¥9.28, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 17x in the Chemicals industry in China. Total returns to shareholders of 17% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥5.60 per share. Price Target Changed • May 24
Price target increased to CN¥8.88 Up from CN¥7.20, the current price target is an average from 3 analysts. New target price is 12% above last closing price of CN¥7.92. Stock is up 27% over the past year. The company is forecast to post earnings per share of CN¥0.43 for next year compared to CN¥0.30 last year. Reported Earnings • Apr 27
First quarter 2022 earnings: EPS and revenues exceed analyst expectations First quarter 2022 results: EPS: CN¥0.10 (up from CN¥0.052 in 1Q 2021). Revenue: CN¥1.49b (up 172% from 1Q 2021). Net income: CN¥142.1m (up 198% from 1Q 2021). Profit margin: 9.5% (in line with 1Q 2021). Revenue exceeded analyst estimates by 32%. Earnings per share (EPS) also surpassed analyst estimates by 7.1%. Over the next year, revenue is expected to shrink by 3.4% compared to a 43% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings. 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. 3 independent directors (6 non-independent directors). GM & Director Zong Yun Xu was the last director to join the board, commencing their role in 2018. 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 • Feb 25
Full year 2021 earnings: Revenues exceed analysts expectations while EPS lags behind Full year 2021 results: EPS: CN¥0.30 (up from CN¥0.16 in FY 2020). Revenue: CN¥4.80b (up 122% from FY 2020). Net income: CN¥401.2m (up 176% from FY 2020). Profit margin: 8.4% (up from 6.7% in FY 2020). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 32%. Earnings per share (EPS) missed analyst estimates by 100%. Over the next year, revenue is expected to shrink by 14% compared to a 47% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Nov 23
Investor sentiment improved over the past week After last week's 15% share price gain to CN¥7.96, the stock trades at a forward P/E ratio of 35x. Average forward P/E is 21x in the Chemicals industry in China. Total loss to shareholders of 3.0% over the past three years. Reported Earnings • Oct 31
Third quarter 2021 earnings released: EPS CN¥0.014 (vs CN¥0.02 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¥602.8m (up 21% from 3Q 2020). Net income: CN¥12.9m (down 30% from 3Q 2020). Profit margin: 2.1% (down from 3.7% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has fallen by 11% per year, which means it is performing significantly worse than earnings. Valuation Update With 7 Day Price Move • Sep 29
Investor sentiment deteriorated over the past week After last week's 18% share price decline to CN¥6.96, the stock trades at a forward P/E ratio of 32x. Average forward P/E is 20x in the Chemicals industry in China. Total loss to shareholders of 30% 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 16% share price gain to CN¥8.53, the stock trades at a forward P/E ratio of 42x. Average forward P/E is 22x in the Chemicals industry in China. Total loss to shareholders of 15% over the past three years. Reported Earnings • Aug 29
Second quarter 2021 earnings released: EPS CN¥0.023 (vs CN¥0.024 in 2Q 2020) The company reported a soft second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2021 results: Revenue: CN¥572.9m (up 9.4% from 2Q 2020). Net income: CN¥21.2m (down 9.1% from 2Q 2020). Profit margin: 3.7% (down from 4.4% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 7% per year whereas the company’s share price has fallen by 12% per year. Reported Earnings • Apr 29
First quarter 2021 earnings released: EPS CN¥0.052 (vs CN¥0.05 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¥548.6m (up 25% from 1Q 2020). Net income: CN¥47.7m (up 12% from 1Q 2020). Profit margin: 8.7% (down from 9.7% 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 9% per year but the company’s share price has fallen by 25% per year, which means it is performing significantly worse than earnings. Valuation Update With 7 Day Price Move • Apr 13
Investor sentiment improved over the past week After last week's 17% share price gain to CN¥6.31, the stock trades at a trailing P/E ratio of 45.9x. Average trailing P/E is 34x in the Chemicals industry in China. Total loss to shareholders of 65% over the past three years. Is New 90 Day High Low • Jan 26
New 90-day low: CN¥5.01 The company is down 23% from its price of CN¥6.53 on 28 October 2020. The Chinese market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 24% over the same period. Is New 90 Day High Low • Jan 08
New 90-day low: CN¥5.47 The company is down 22% from its price of CN¥6.99 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¥5.59 The company is down 18% from its price of CN¥6.78 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 • Nov 01
Third quarter earnings released Over the last 12 months the company has reported total profits of CN¥126.3m, down 17% from the prior year. Total revenue was CN¥2.19b over the last 12 months, largely unchanged from the prior year. Announcement • Oct 29
Hunan Salt Industry Co., Ltd to Report Q3, 2020 Results on Oct 31, 2020 Hunan Salt Industry Co., Ltd announced that they will report Q3, 2020 results on Oct 31, 2020 Is New 90 Day High Low • Oct 29
New 90-day low: CN¥6.35 The company is down 10.0% from its price of CN¥7.04 on 31 July 2020. The Chinese market is down 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 3.0% over the same period. Announcement • Sep 17
Hunan Salt Industry Co., Ltd (SHSE:600929) agreed to acquire a 42.14% stake in Hebei Yongda Salt Co., Ltd. from Tangshan Sanyou Salt Chemical Company Ltd. for CNY 13.6 million. Hunan Salt Industry Co., Ltd (SHSE:600929) agreed to acquire a 42.14% stake in Hebei Yongda Salt Co., Ltd. from Tangshan Sanyou Salt Chemical Company Ltd. for CNY 13.6 million on September 16, 2020. The transaction also includes CNY 10 million in debt rights. Hebei Yongda reported total assets of CNY 72.5 million, net assets of CNY 6.8 million and revenues of CNY 35.3 million in 2019. The transaction still requires Hebei Property Rights Market Co., Ltd. to confirm the Hunan Salt’s registration qualifications and sign an equity and debt transfer agreement with Sanyou Yanhua. The deal was approved by the Board of Directors of Hunan Salt. Announcement • Jul 18
Hunan Salt Industry Co., Ltd to Report First Half, 2020 Results on Aug 31, 2020 Hunan Salt Industry Co., Ltd announced that they will report first half, 2020 results on Aug 31, 2020 
