Valuation Update With 7 Day Price Move • Jul 08
Investor sentiment deteriorates as stock falls 22% After last week's 22% share price decline to CN¥22.05, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 12x in the Forestry industry in China. Total returns to shareholders of 13% over the past three years. Announcement • Jun 30
Xianhe Co.,Ltd. to Report First Half, 2026 Results on Aug 31, 2026 Xianhe Co.,Ltd. announced that they will report first half, 2026 results on Aug 31, 2026 Declared Dividend • Jun 28
Dividend increased to CN¥0.70 Dividend of CN¥0.70 is 40% higher than last year. Ex-date: 2nd July 2026 Payment date: 2nd July 2026 Dividend yield will be 2.6%, which is about the same as the industry average. Sustainability & Growth Dividend is covered by earnings (48% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 1.9% per year over the past 8 years. However, payments have been volatile during that time. EPS is expected to grow by 20% over the next year, which should provide support to the dividend and adequate earnings cover. Valuation Update With 7 Day Price Move • Jun 24
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to CN¥24.74, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 13x in the Forestry industry in China. Total returns to shareholders of 24% over the past three years. Valuation Update With 7 Day Price Move • Jun 01
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥24.33, the stock trades at a trailing P/E ratio of 16.8x. Average forward P/E is 14x in the Forestry industry in China. Total returns to shareholders of 18% over the past three years. Reported Earnings • Apr 29
Full year 2025 earnings: EPS and revenues miss analyst expectations Full year 2025 results: EPS: CN¥1.43 (up from CN¥1.42 in FY 2024). Revenue: CN¥12.3b (up 20% from FY 2024). Net income: CN¥1.01b (flat on FY 2024). Profit margin: 8.2% (down from 9.8% in FY 2024). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 1.1%. Earnings per share (EPS) also missed analyst estimates by 12%. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Announcement • Apr 29
Xianhe Co.,Ltd., Annual General Meeting, May 19, 2026 Xianhe Co.,Ltd., Annual General Meeting, May 19, 2026, at 14:00 China Standard Time. Location: The Company's Meeting Room, Quzhou, Zhejiang China Announcement • Mar 30
Xianhe Co.,Ltd. to Report Q1, 2026 Results on Apr 30, 2026 Xianhe Co.,Ltd. announced that they will report Q1, 2026 results on Apr 30, 2026 Announcement • Dec 26
Xianhe Co.,Ltd. to Report Fiscal Year 2025 Results on Apr 29, 2026 Xianhe Co.,Ltd. announced that they will report fiscal year 2025 results on Apr 29, 2026 Reported Earnings • Oct 31
Third quarter 2025 earnings released: EPS: CN¥0.43 (vs CN¥0.38 in 3Q 2024) Third quarter 2025 results: EPS: CN¥0.43 (up from CN¥0.38 in 3Q 2024). Revenue: CN¥3.07b (up 16% from 3Q 2024). Net income: CN¥303.5m (up 14% from 3Q 2024). Profit margin: 9.9% (in line with 3Q 2024). Revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Forestry industry in China. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. New Risk • Oct 31
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: 8.0% 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: Major Risk Debt is not well covered by operating cash flow (6.9% operating cash flow to total debt). Minor Risks Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (8.0% net profit margin). Announcement • Sep 30
Xianhe Co.,Ltd. to Report Q3, 2025 Results on Oct 31, 2025 Xianhe Co.,Ltd. announced that they will report Q3, 2025 results on Oct 31, 2025 Reported Earnings • Aug 24
Second quarter 2025 earnings released: EPS: CN¥0.34 (vs CN¥0.40 in 2Q 2024) Second quarter 2025 results: EPS: CN¥0.34 (down from CN¥0.40 in 2Q 2024). Revenue: CN¥3.00b (up 25% from 2Q 2024). Net income: CN¥238.3m (down 15% from 2Q 2024). Profit margin: 7.9% (down from 12% in 2Q 2024). 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 13% growth forecast for the Forestry 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 1% per year, which means it is significantly lagging earnings. Declared Dividend • Jul 07
Dividend increased to CN¥0.50 Dividend of CN¥0.50 is 43% higher than last year. Ex-date: 10th July 2025 Payment date: 10th July 2025 Dividend yield will be 2.4%, which is lower than the industry average of 2.6%. Sustainability & Growth Dividend is covered by earnings (37% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has decreased over the past 76 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 68% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Announcement • Jun 30
Xianhe Co.,Ltd. to Report First Half, 2025 Results on Aug 29, 2025 Xianhe Co.,Ltd. announced that they will report first half, 2025 results on Aug 29, 2025 Major Estimate Revision • May 07
Consensus EPS estimates fall by 12% The consensus outlook for fiscal year 2025 has been updated. 2025 EPS estimate fell from CN¥1.88 to CN¥1.65 per share. Revenue forecast steady at CN¥12.5b. Net income forecast to grow 28% next year vs 41% growth forecast for Forestry industry in China. Consensus price target of CN¥27.50 unchanged from last update. Share price was steady at CN¥21.21 over the past week. Announcement • Apr 29
Xianhe Co.,Ltd., Annual General Meeting, May 20, 2025 Xianhe Co.,Ltd., Annual General Meeting, May 20, 2025, at 14:00 China Standard Time. Announcement • Mar 28
Xianhe Co.,Ltd. to Report Q1, 2025 Results on Apr 29, 2025 Xianhe Co.,Ltd. announced that they will report Q1, 2025 results on Apr 29, 2025 Price Target Changed • Jan 06
Price target increased by 7.8% to CN¥27.50 Up from CN¥25.50, the current price target is an average from 2 analysts. New target price is 39% above last closing price of CN¥19.82. Stock is up 31% over the past year. The company is forecast to post earnings per share of CN¥1.53 for next year compared to CN¥0.94 last year. Announcement • Dec 27
Xianhe Co.,Ltd. to Report Fiscal Year 2024 Results on Apr 29, 2025 Xianhe Co.,Ltd. announced that they will report fiscal year 2024 results on Apr 29, 2025 Reported Earnings • Oct 30
Third quarter 2024 earnings released: EPS: CN¥0.38 (vs CN¥0.28 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.38 (up from CN¥0.28 in 3Q 2023). Revenue: CN¥2.66b (up 8.7% from 3Q 2023). Net income: CN¥266.6m (up 33% from 3Q 2023). Profit margin: 10.0% (up from 8.2% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 22% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Forestry industry in China. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has fallen by 20% per year, which means it is performing significantly worse than earnings. Announcement • Sep 30
Xianhe Co.,Ltd. to Report Q3, 2024 Results on Oct 30, 2024 Xianhe Co.,Ltd. announced that they will report Q3, 2024 results on Oct 30, 2024 Valuation Update With 7 Day Price Move • Sep 27
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to CN¥17.74, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 11x in the Forestry industry in China. Total loss to shareholders of 43% over the past three years. Reported Earnings • Aug 15
Second quarter 2024 earnings released: EPS: CN¥0.40 (vs CN¥0.087 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.40 (up from CN¥0.087 in 2Q 2023). Revenue: CN¥2.39b (up 24% from 2Q 2023). Net income: CN¥281.6m (up 381% from 2Q 2023). Profit margin: 12% (up from 3.0% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 22% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Forestry industry in China. Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has fallen by 25% per year, which means it is performing significantly worse than earnings. Announcement • Jun 28
Xianhe Co.,Ltd. to Report First Half, 2024 Results on Aug 15, 2024 Xianhe Co.,Ltd. announced that they will report first half, 2024 results on Aug 15, 2024 Declared Dividend • Jun 22
Dividend increased to CN¥0.35 Dividend of CN¥0.35 is 13% higher than last year. Ex-date: 27th June 2024 Payment date: 27th June 2024 Dividend yield will be 1.9%, which is lower than the industry average of 2.6%. Sustainability & Growth Dividend is covered by earnings (30% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has decreased over the past 66 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 97% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Announcement • Apr 29
Xianhe Co.,Ltd., Annual General Meeting, May 17, 2024 Xianhe Co.,Ltd., Annual General Meeting, May 17, 2024, at 14:00 China Standard Time. Location: The Company's Meeting Room, Quzhou, Zhejiang China Announcement • Mar 29
Xianhe Co.,Ltd. to Report Q1, 2024 Results on Apr 30, 2024 Xianhe Co.,Ltd. announced that they will report Q1, 2024 results on Apr 30, 2024 Valuation Update With 7 Day Price Move • Feb 05
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to CN¥11.80, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 10x in the Forestry industry in China. Total loss to shareholders of 46% over the past three years. Announcement • Dec 29
Xianhe Co.,Ltd. to Report Fiscal Year 2023 Results on Apr 03, 2024 Xianhe Co.,Ltd. announced that they will report fiscal year 2023 results on Apr 03, 2024 Price Target Changed • Nov 10
Price target decreased by 17% to CN¥25.00 Down from CN¥30.00, the current price target is an average from 2 analysts. New target price is 35% above last closing price of CN¥18.58. Stock is down 33% over the past year. The company is forecast to post earnings per share of CN¥0.92 for next year compared to CN¥1.01 last year. Reported Earnings • Nov 01
Third quarter 2023 earnings released: EPS: CN¥0.28 (vs CN¥0.30 in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.28 (down from CN¥0.30 in 3Q 2022). Revenue: CN¥2.45b (up 28% from 3Q 2022). Net income: CN¥201.2m (down 5.5% from 3Q 2022). Profit margin: 8.2% (down from 11% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 22% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Forestry industry in China. Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings. Board Change • Sep 27
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Zixue Zhou was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Aug 30
Second quarter 2023 earnings released: EPS: CN¥0.087 (vs CN¥0.29 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.087 (down from CN¥0.29 in 2Q 2022). Revenue: CN¥1.93b (flat on 2Q 2022). Net income: CN¥58.5m (down 72% from 2Q 2022). Profit margin: 3.0% (down from 11% in 2Q 2022). Revenue is forecast to grow 24% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Forestry industry in China. Over the last 3 years on average, earnings per share has fallen by 9% per year whereas the company’s share price has fallen by 4% per year. Announcement • Jun 28
Xianhe Co.,Ltd. to Report First Half, 2023 Results on Aug 30, 2023 Xianhe Co.,Ltd. announced that they will report first half, 2023 results on Aug 30, 2023 Price Target Changed • Apr 30
Price target increased by 8.3% to CN¥32.50 Up from CN¥30.00, the current price target is an average from 2 analysts. New target price is 34% above last closing price of CN¥24.24. Stock is up 22% over the past year. The company is forecast to post earnings per share of CN¥1.71 for next year compared to CN¥1.01 last year. Reported Earnings • Mar 30
Full year 2022 earnings: Revenues exceed analysts expectations while EPS lags behind Full year 2022 results: EPS: CN¥1.01 (down from CN¥1.44 in FY 2021). Revenue: CN¥7.74b (up 29% from FY 2021). Net income: CN¥710.3m (down 30% from FY 2021). Profit margin: 9.2% (down from 17% in FY 2021). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 2.1%. Earnings per share (EPS) missed analyst estimates by 11%. Revenue is forecast to grow 20% p.a. on average during the next 2 years, compared to a 11% growth forecast for the Forestry industry in China. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has increased by 23% per year, which means it is tracking significantly ahead of earnings growth. 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. 11 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 30
Third quarter 2022 earnings released: EPS: CN¥0.30 (vs CN¥0.42 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.30 (down from CN¥0.42 in 3Q 2021). Revenue: CN¥1.91b (up 30% from 3Q 2021). Net income: CN¥212.8m (down 28% from 3Q 2021). Profit margin: 11% (down from 20% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 23% p.a. on average during the next 3 years, compared to a 17% growth forecast for the Forestry industry in China. Over the last 3 years on average, earnings per share has increased by 18% per year whereas the company’s share price has increased by 17% per year. Major Estimate Revision • Aug 25
Consensus EPS estimates fall by 11% The consensus outlook for earnings per share (EPS) in 2022 has deteriorated. 2022 revenue forecast decreased from CN¥8.04b to CN¥7.95b. EPS estimate also fell from CN¥1.64 per share to CN¥1.46 per share. Net income forecast to grow 59% next year vs 25% growth forecast for Forestry industry in China. Consensus price target of CN¥30.00 unchanged from last update. Share price fell 5.2% to CN¥26.40 over the past week. Reported Earnings • Aug 21
Second quarter 2022 earnings released: EPS: CN¥0.29 (vs CN¥0.46 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.29 (down from CN¥0.46 in 2Q 2021). Revenue: CN¥1.92b (up 41% from 2Q 2021). Net income: CN¥208.2m (down 37% from 2Q 2021). Profit margin: 11% (down from 24% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 31%, compared to a 43% growth forecast for the Forestry industry in China. Over the last 3 years on average, earnings per share has increased by 30% per year whereas the company’s share price has increased by 26% per year. Major Estimate Revision • May 05
Consensus EPS estimates fall by 31% The consensus outlook for earnings per share (EPS) in 2022 has deteriorated. 2022 revenue forecast decreased from CN¥8.44b to CN¥7.71b. EPS estimate also fell from CN¥2.09 per share to CN¥1.45 per share. Net income forecast to grow 0.4% next year vs 43% growth forecast for Forestry industry in China. Consensus price target down from CN¥56.00 to CN¥30.00. Share price rose 6.1% to CN¥19.83 over the past week. Reported Earnings • Apr 29
First quarter 2022 earnings: EPS and revenues miss analyst expectations First quarter 2022 results: EPS: CN¥0.21 (down from CN¥0.40 in 1Q 2021). Revenue: CN¥1.68b (up 10.0% from 1Q 2021). Net income: CN¥146.0m (down 48% from 1Q 2021). Profit margin: 8.7% (down from 18% in 1Q 2021). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 9.7%. Earnings per share (EPS) also missed analyst estimates by 17%. Over the next year, revenue is forecast to grow 43%, compared to a 52% 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 8% per year, which means it is significantly lagging earnings growth. Price Target Changed • Apr 27
Price target increased to CN¥56.00 Up from CN¥50.00, the current price target is an average from 2 analysts. New target price is 178% above last closing price of CN¥20.11. Stock is down 26% over the past year. The company is forecast to post earnings per share of CN¥1.75 for next year compared to CN¥1.13 last year. 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. 11 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 26
Third quarter 2021 earnings released: EPS CN¥0.42 (vs CN¥0.32 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: CN¥1.48b (up 13% from 3Q 2020). Net income: CN¥294.3m (up 39% from 3Q 2020). Profit margin: 20% (up from 16% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 45% per year but the company’s share price has only increased by 35% per year, which means it is significantly lagging earnings growth. Reported Earnings • Aug 09
Second quarter 2021 earnings released: EPS CN¥0.46 (vs CN¥0.29 in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CN¥1.36b (up 21% from 2Q 2020). Net income: CN¥329.1m (up 85% from 2Q 2020). Profit margin: 24% (up from 16% 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 39% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Jun 30
Investor sentiment improved over the past week After last week's 16% share price gain to CN¥38.00, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 18x in the Forestry industry in China. Total returns to shareholders of 75% over the past three years. Valuation Update With 7 Day Price Move • Jun 07
Investor sentiment improved over the past week After last week's 17% share price gain to CN¥31.36, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 20x in the Forestry industry in China. Total returns to shareholders of 11% over the past three years. Reported Earnings • Apr 25
First quarter 2021 earnings released: EPS CN¥0.40 (vs CN¥0.17 in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: CN¥1.53b (up 69% from 1Q 2020). Net income: CN¥279.8m (up 168% from 1Q 2020). Profit margin: 18% (up from 12% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. Reported Earnings • Apr 01
Full year 2020 earnings released: EPS CN¥1.13 (vs CN¥0.72 in FY 2019) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: CN¥4.84b (up 6.0% from FY 2019). Net income: CN¥717.2m (up 63% from FY 2019). Profit margin: 15% (up from 9.6% in FY 2019). Valuation Update With 7 Day Price Move • Feb 08
Investor sentiment deteriorated over the past week After last week's 16% share price decline to CN¥22.68, the stock is trading at a trailing P/E ratio of 21.2x, down from the previous P/E ratio of 25.3x. This compares to an average P/E of 23x in the Forestry industry in China. Total returns to shareholders over the past year are 43%. Is New 90 Day High Low • Jan 27
New 90-day high: CN¥27.82 The company is up 42% from its price of CN¥19.60 on 29 October 2020. The Chinese market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Forestry industry, which is up 18% over the same period. Valuation Update With 7 Day Price Move • Dec 21
Investor sentiment improved over the past week After last week's 17% share price gain to CN¥27.00, the stock is trading at a trailing P/E ratio of 25.3x, up from the previous P/E ratio of 21.6x. This compares to an average P/E of 25x in the Forestry industry in China. Total returns to shareholders over the past year are 103%. Is New 90 Day High Low • Dec 16
New 90-day high: CN¥25.44 The company is up 30% from its price of CN¥19.55 on 16 September 2020. The Chinese market is up 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Forestry industry, which is up 3.0% over the same period. Is New 90 Day High Low • Nov 25
New 90-day high: CN¥23.72 The company is up 10.0% from its price of CN¥21.60 on 27 August 2020. The Chinese market is up 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Forestry industry, which is up 7.0% over the same period. Valuation Update With 7 Day Price Move • Nov 20
Market bids up stock over the past week After last week's 15% share price gain to CN¥21.95, the stock is trading at a trailing P/E ratio of 20.5x, up from the previous P/E ratio of 17.9x. This compares to an average P/E of 25x in the Forestry industry in China. Total returns to shareholders over the past year are 63%. Valuation Update With 7 Day Price Move • Nov 18
Market bids up stock over the past week After last week's 18% share price gain to CN¥22.42, the stock is trading at a trailing P/E ratio of 21x, up from the previous P/E ratio of 17.7x. This compares to an average P/E of 24x in the Forestry industry in China. Total returns to shareholders over the past year are 66%. Is New 90 Day High Low • Oct 30
New 90-day low: CN¥18.41 The company is down 20% from its price of CN¥23.11 on 31 July 2020. The Chinese market is down 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Forestry industry, which is down 2.0% over the same period. Reported Earnings • Oct 30
Third quarter earnings released Over the last 12 months the company has reported total profits of CN¥666.3m, up 114% from the prior year. Total revenue was CN¥4.62b over the last 12 months, up 3.4% from the prior year. Announcement • Oct 30
Xianhe Co.,Ltd. to Report Q3, 2020 Results on Oct 30, 2020 Xianhe Co.,Ltd. announced that they will report Q3, 2020 results on Oct 30, 2020 Announcement • Jul 06
Xianhe Co.,Ltd. to Report First Half, 2020 Results on Aug 13, 2020 Xianhe Co.,Ltd. announced that they will report first half, 2020 results on Aug 13, 2020 
