Reported Earnings • Apr 25
Full year 2025 earnings released: CN¥0.04 loss per share (vs CN¥0.21 profit in FY 2024) Full year 2025 results: CN¥0.04 loss per share (down from CN¥0.21 profit in FY 2024). Revenue: CN¥417.8m (down 15% from FY 2024). Net loss: CN¥5.22m (down 118% from profit in FY 2024). Over the last 3 years on average, earnings per share has fallen by 37% per year but the company’s share price has increased by 24% per year, which means it is well ahead of earnings. Announcement • Apr 25
Shanghai Yahong Moulding Co., Ltd., Annual General Meeting, May 18, 2026 Shanghai Yahong Moulding Co., Ltd., Annual General Meeting, May 18, 2026, at 13:00 China Standard Time. Location: The Company's Conference Center, Shanghai China Announcement • Mar 30
Shanghai Yahong Moulding Co., Ltd. to Report Q1, 2026 Results on Apr 30, 2026 Shanghai Yahong Moulding Co., Ltd. announced that they will report Q1, 2026 results on Apr 30, 2026 Announcement • Dec 26
Shanghai Yahong Moulding Co., Ltd. to Report Fiscal Year 2025 Results on Apr 24, 2026 Shanghai Yahong Moulding Co., Ltd. announced that they will report fiscal year 2025 results on Apr 24, 2026 Reported Earnings • Oct 31
Third quarter 2025 earnings released: CN¥0.04 loss per share (vs CN¥0.059 profit in 3Q 2024) Third quarter 2025 results: CN¥0.04 loss per share (down from CN¥0.059 profit in 3Q 2024). Revenue: CN¥103.0m (down 15% from 3Q 2024). Net loss: CN¥2.41m (down 128% from profit in 3Q 2024). 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 24% per year, which means it is well ahead of earnings. Announcement • Sep 30
Shanghai Yahong Moulding Co., Ltd. to Report Q3, 2025 Results on Oct 31, 2025 Shanghai Yahong Moulding Co., Ltd. announced that they will report Q3, 2025 results on Oct 31, 2025 New Risk • Sep 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 7.1% 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 9.1% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (7.1% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (3.8% net profit margin). Reported Earnings • Aug 23
Second quarter 2025 earnings released: CN¥0.01 loss per share (vs CN¥0.03 profit in 2Q 2024) Second quarter 2025 results: CN¥0.01 loss per share (down from CN¥0.03 profit in 2Q 2024). Revenue: CN¥103.1m (down 14% from 2Q 2024). Net loss: CN¥2.27m (down 156% from profit in 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 18% per year, which means it is well ahead of earnings. Declared Dividend • Jul 16
Dividend reduced to CN¥0.065 Dividend of CN¥0.065 is 41% lower than last year. Ex-date: 18th July 2025 Payment date: 18th July 2025 Dividend yield will be 0.4%, which is lower than the industry average of 2.6%. Sustainability & Growth Dividend is well covered by both earnings (38% earnings payout ratio) and cash flows (20% cash payout ratio). The dividend has decreased over the past 86 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to decline by 58% to shift the payout ratio to a potentially unsustainable range, which is more than the 6.0% EPS decline seen over the last 5 years. Announcement • Jun 30
Shanghai Yahong Moulding Co., Ltd. to Report First Half, 2025 Results on Aug 22, 2025 Shanghai Yahong Moulding Co., Ltd. announced that they will report first half, 2025 results on Aug 22, 2025 Announcement • May 30
Shanghai Yahong Moulding Co., Ltd., Annual General Meeting, Jun 23, 2025 Shanghai Yahong Moulding Co., Ltd., Annual General Meeting, Jun 23, 2025, at 13:00 China Standard Time. Reported Earnings • Apr 25
Full year 2024 earnings released: EPS: CN¥0.21 (vs CN¥0.25 in FY 2023) Full year 2024 results: EPS: CN¥0.21 (down from CN¥0.25 in FY 2023). Revenue: CN¥490.8m (down 12% from FY 2023). Net income: CN¥29.1m (down 17% from FY 2023). Profit margin: 5.9% (down from 6.3% in FY 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 1% per year whereas the company’s share price has increased by 3% per year. Announcement • Mar 28
Shanghai Yahong Moulding Co., Ltd. to Report Q1, 2025 Results on Apr 30, 2025 Shanghai Yahong Moulding Co., Ltd. announced that they will report Q1, 2025 results on Apr 30, 2025 New Risk • Feb 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 8.6% 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 (8.6% average weekly change). Large one-off items impacting financial results. Announcement • Dec 27
Shanghai Yahong Moulding Co., Ltd. to Report Fiscal Year 2024 Results on Apr 25, 2025 Shanghai Yahong Moulding Co., Ltd. announced that they will report fiscal year 2024 results on Apr 25, 2025 Valuation Update With 7 Day Price Move • Oct 31
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥12.79, the stock trades at a trailing P/E ratio of 60.9x. Average trailing P/E is 34x in the Chemicals industry in China. Total loss to shareholders of 21% over the past three years. Reported Earnings • Oct 25
Third quarter 2024 earnings released: EPS: CN¥0.059 (vs CN¥0.087 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.059 (down from CN¥0.087 in 3Q 2023). Revenue: CN¥121.6m (down 17% from 3Q 2023). Net income: CN¥8.67m (down 35% from 3Q 2023). Profit margin: 7.1% (down from 9.1% in 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has fallen by 10% per year, which means it is performing significantly worse than earnings. Announcement • Sep 30
Shanghai Yahong Moulding Co., Ltd. to Report Q3, 2024 Results on Oct 25, 2024 Shanghai Yahong Moulding Co., Ltd. announced that they will report Q3, 2024 results on Oct 25, 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¥11.01, the stock trades at a trailing P/E ratio of 45.4x. Average trailing P/E is 30x in the Chemicals industry in China. Total loss to shareholders of 44% over the past three years. New Risk • Sep 09
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 25% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by cash flows (95% cash payout ratio). Large one-off items impacting financial results. Reported Earnings • Aug 23
Second quarter 2024 earnings released: EPS: CN¥0.03 (vs CN¥0.053 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.03 (down from CN¥0.053 in 2Q 2023). Revenue: CN¥119.5m (down 23% from 2Q 2023). Net income: CN¥4.02m (down 37% from 2Q 2023). Profit margin: 3.4% (down from 4.2% in 2Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has fallen by 16% per year, which means it is performing significantly worse than earnings. Announcement • Jun 28
Shanghai Yahong Moulding Co., Ltd. to Report First Half, 2024 Results on Aug 23, 2024 Shanghai Yahong Moulding Co., Ltd. announced that they will report first half, 2024 results on Aug 23, 2024 Reported Earnings • Apr 20
Full year 2023 earnings released: EPS: CN¥0.25 (vs CN¥0.22 in FY 2022) Full year 2023 results: EPS: CN¥0.25 (up from CN¥0.22 in FY 2022). Revenue: CN¥556.4m (down 6.9% from FY 2022). Net income: CN¥35.3m (up 17% from FY 2022). Profit margin: 6.3% (up from 5.1% in FY 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 14% 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. Announcement • Apr 20
Shanghai Yahong Moulding Co., Ltd., Annual General Meeting, May 13, 2024 Shanghai Yahong Moulding Co., Ltd., Annual General Meeting, May 13, 2024, at 13:00 China Standard Time. Location: The Company's Conference Center, Shanghai China Valuation Update With 7 Day Price Move • Apr 16
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to CN¥11.30, the stock trades at a trailing P/E ratio of 42.9x. Average trailing P/E is 28x in the Chemicals industry in China. Total loss to shareholders of 15% over the past three years. Announcement • Mar 29
Shanghai Yahong Moulding Co., Ltd. to Report Q1, 2024 Results on Apr 26, 2024 Shanghai Yahong Moulding Co., Ltd. announced that they will report Q1, 2024 results on Apr 26, 2024 Valuation Update With 7 Day Price Move • Feb 22
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to CN¥11.88, the stock trades at a trailing P/E ratio of 45.1x. Average trailing P/E is 27x in the Chemicals industry in China. Total loss to shareholders of 2.0% over the past three years. New Risk • Feb 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 7.8% 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 1.1% 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. Share price has been volatile over the past 3 months (7.8% average weekly change). Valuation Update With 7 Day Price Move • Jan 29
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥16.60, the stock trades at a trailing P/E ratio of 62.9x. Average trailing P/E is 32x in the Chemicals industry in China. Total returns to shareholders of 65% over the past three years. Announcement • Dec 30
Shanghai Yahong Moulding Co., Ltd. to Report Fiscal Year 2023 Results on Apr 19, 2024 Shanghai Yahong Moulding Co., Ltd. announced that they will report fiscal year 2023 results on Apr 19, 2024 Reported Earnings • Oct 27
Third quarter 2023 earnings released: EPS: CN¥0.087 (vs CN¥0.069 in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.087 (up from CN¥0.069 in 3Q 2022). Revenue: CN¥146.5m (down 23% from 3Q 2022). Net income: CN¥13.3m (up 39% from 3Q 2022). Profit margin: 9.1% (up from 5.0% in 3Q 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings. Announcement • Sep 30
Shanghai Yahong Moulding Co., Ltd. to Report Q3, 2023 Results on Oct 27, 2023 Shanghai Yahong Moulding Co., Ltd. announced that they will report Q3, 2023 results on Oct 27, 2023 Reported Earnings • Aug 25
Second quarter 2023 earnings released: EPS: CN¥0.053 (vs CN¥0.006 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.053 (up from CN¥0.006 in 2Q 2022). Revenue: CN¥154.4m (up 33% from 2Q 2022). Net income: CN¥6.41m (up CN¥5.70m from 2Q 2022). Profit margin: 4.2% (up from 0.6% in 2Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Jun 21
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to CN¥14.62, the stock trades at a trailing P/E ratio of 74.5x. Average trailing P/E is 29x in the Chemicals industry in China. Total returns to shareholders of 23% over the past three years. Reported Earnings • Apr 21
Full year 2022 earnings released: EPS: CN¥0.22 (vs CN¥0.27 in FY 2021) Full year 2022 results: EPS: CN¥0.22 (down from CN¥0.27 in FY 2021). Revenue: CN¥597.7m (down 12% from FY 2021). Net income: CN¥30.2m (down 20% from FY 2021). Profit margin: 5.1% (down from 5.5% in FY 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings. Announcement • Feb 08
Hainan Ningsheng Tourism Group Co., Ltd. completed the acquisition of 5% stake in Shanghai Yahong Moulding Co., Ltd. (SHSE:603159) from Xie Yaming. Hainan Ningsheng Tourism Group Co., Ltd. entered into a Share Transfer Agreement to acquire 5% stake in Shanghai Yahong Moulding Co., Ltd. (SHSE:603159) from Xie Yaming for approximately CNY 130 million on December 5, 2022. The transfer price is CNY 18 per share. Xie Yaming shall transfer his 7,000,000 shares in Shanghai Yahong Moulding. Post completion, Xie Yaming shall hold 36.16% stake and Hainan Ningsheng shall hold 20% stake in Shanghai Yahong Moulding respectively.
Hainan Ningsheng Tourism Group Co., Ltd. completed the acquisition of 5% stake in Shanghai Yahong Moulding Co., Ltd. (SHSE:603159) from Xie Yaming on February 7, 2023, Announcement • Dec 08
Hainan Ningsheng Tourism Group Co., Ltd. acquired 5% stake in Shanghai Yahong Moulding Co., Ltd. (SHSE:603159) from Xie Yaming for approximately CNY 130 million. Hainan Ningsheng Tourism Group Co., Ltd. entered into a Share Transfer Agreement to acquire 5% stake in Shanghai Yahong Moulding Co., Ltd. (SHSE:603159) from Xie Yaming for approximately CNY 130 million on December 5, 2022. The transfer price is CNY 18 per share. Xie Yaming shall transfer his 7,000,000 shares in Shanghai Yahong Moulding. Post completion, Xie Yaming shall hold 36.16% stake and Hainan Ningsheng shall hold 20% stake in Shanghai Yahong Moulding respectively.
Hainan Ningsheng Tourism Group Co., Ltd. completed the acquisition of 5% stake in Shanghai Yahong Moulding Co., Ltd. (SHSE:603159) from Xie Yaming on December 6, 2022. 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. 5 non-independent directors. Independent Director Ning Yao was the last independent director to join the board, commencing their role in 2021. 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¥0.069 (vs CN¥0.051 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.069 (up from CN¥0.051 in 3Q 2021). Revenue: CN¥189.6m (up 20% from 3Q 2021). Net income: CN¥9.53m (up 31% from 3Q 2021). Profit margin: 5.0% (up from 4.6% in 3Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 1% per year whereas the company’s share price has increased by 6% per year. Reported Earnings • Aug 26
Second quarter 2022 earnings released: EPS: CN¥0.006 (vs CN¥0.059 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.006 (down from CN¥0.059 in 2Q 2021). Revenue: CN¥116.3m (down 19% from 2Q 2021). Net income: CN¥714.2k (down 91% from 2Q 2021). Profit margin: 0.6% (down from 5.3% in 2Q 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 9% per year whereas the company’s share price has increased by 5% per year. Valuation Update With 7 Day Price Move • May 20
Investor sentiment improved over the past week After last week's 18% share price gain to CN¥16.30, the stock trades at a trailing P/E ratio of 70.7x. Average trailing P/E is 25x in the Chemicals industry in China. Total returns to shareholders of 13% over the past three years. Reported Earnings • Apr 29
First quarter 2022 earnings released: EPS: CN¥0.05 (vs CN¥0.09 in 1Q 2021) First quarter 2022 results: EPS: CN¥0.05 (down from CN¥0.09 in 1Q 2021). Revenue: CN¥124.9m (down 22% from 1Q 2021). Net income: CN¥7.31m (down 42% from 1Q 2021). Profit margin: 5.9% (down from 7.9% in 1Q 2021). The decrease in margin was driven by lower revenue. 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 7% per year, which means it is significantly lagging earnings. 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. 4 experienced directors. 8 highly experienced directors. Independent Director Shi Min Lu was the last director to join the board, commencing their role in 2013. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Reported Earnings • Apr 16
Full year 2021 earnings released: EPS: CN¥0.27 (vs CN¥0.29 in FY 2020) Full year 2021 results: EPS: CN¥0.27 (down from CN¥0.29 in FY 2020). Revenue: CN¥678.4m (up 15% from FY 2020). Net income: CN¥37.6m (down 6.4% from FY 2020). Profit margin: 5.5% (down from 6.8% 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 14% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Oct 18
Investor sentiment deteriorated over the past week After last week's 16% share price decline to CN¥18.70, the stock trades at a trailing P/E ratio of 55.1x. Average trailing P/E is 31x in the Chemicals industry in China. Total returns to shareholders of 55% over the past three years. Valuation Update With 7 Day Price Move • Sep 10
Investor sentiment improved over the past week After last week's 24% share price gain to CN¥18.89, the stock trades at a trailing P/E ratio of 53.4x. Average trailing P/E is 34x in the Chemicals industry in China. Total returns to shareholders of 35% over the past three years. Reported Earnings • May 02
First quarter 2021 earnings released: EPS CN¥0.09 (vs CN¥0.02 in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: CN¥159.3m (up 63% from 1Q 2020). Net income: CN¥12.7m (up 400% from 1Q 2020). Profit margin: 7.9% (up from 2.6% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has remained flat whereas the company’s share price has fallen by 4% per year. Reported Earnings • Mar 30
Full year 2020 earnings released: EPS CN¥0.29 (vs CN¥0.19 in FY 2019) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: CN¥592.0m (up 4.9% from FY 2019). Net income: CN¥40.2m (up 77% from FY 2019). Profit margin: 6.8% (up from 4.0% in FY 2019). The increase in margin was driven by higher revenue. 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 9% per year. Announcement • Mar 05
Shanghai Yahong Moulding Co., Ltd. to Report Fiscal Year 2020 Results on Mar 29, 2021 Shanghai Yahong Moulding Co., Ltd. announced that they will report fiscal year 2020 results on Mar 29, 2021 Is New 90 Day High Low • Mar 02
New 90-day high: CN¥13.92 The company is up 6.0% from its price of CN¥13.14 on 02 December 2020. The Chinese market is up 3.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Chemicals industry, which is up 15% over the same period. Valuation Update With 7 Day Price Move • Feb 22
Investor sentiment improved over the past week After last week's 17% share price gain to CN¥12.59, the stock is trading at a trailing P/E ratio of 37x, up from the previous P/E ratio of 31.6x. This compares to an average P/E of 37x in the Chemicals industry in China. Total return to shareholders over the past three years is a loss of 11%. Is New 90 Day High Low • Jan 11
New 90-day low: CN¥10.06 The company is down 18% from its price of CN¥12.27 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 Chemicals industry, which is up 12% over the same period. Is New 90 Day High Low • Dec 24
New 90-day low: CN¥11.18 The company is down 5.0% from its price of CN¥11.77 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. Valuation Update With 7 Day Price Move • Dec 04
Market pulls back on stock over the past week After last week's 15% share price decline to CN¥12.88, the stock is trading at a trailing P/E ratio of 37.8x, down from the previous P/E ratio of 44.6x. This compares to an average P/E of 39x in the Chemicals industry in China. Total return to shareholders over the past three years is a loss of 24%. Is New 90 Day High Low • Nov 24
New 90-day high: CN¥14.32 The company is up 12% from its price of CN¥12.76 on 26 August 2020. The Chinese market is flat over the last 90 days, indicating the company outperformed over that time. It also outperformed the Chemicals industry, which is up 7.0% over the same period. Reported Earnings • Oct 23
Third quarter earnings released Over the last 12 months the company has reported total profits of CN¥38.5m, up 55% from the prior year. Total revenue was CN¥565.3m over the last 12 months, up 1.6% from the prior year. Announcement • Oct 19
Shanghai Yahong Moulding Co., Ltd. to Report Q3, 2020 Results on Oct 23, 2020 Shanghai Yahong Moulding Co., Ltd. announced that they will report Q3, 2020 results on Oct 23, 2020 Is New 90 Day High Low • Sep 28
New 90-day low: CN¥11.43 The company is down 5.0% from its price of CN¥12.00 on 30 June 2020. The Chinese market is up 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 17% over the same period. Announcement • Jul 06
Shanghai Yahong Moulding Co., Ltd. to Report First Half, 2020 Results on Aug 14, 2020 Shanghai Yahong Moulding Co., Ltd. announced that they will report first half, 2020 results on Aug 14, 2020