New Risk • May 01
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 22% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (22% accrual ratio). Minor Risk Paying a dividend despite having no free cash flows. Reported Earnings • Apr 17
Full year 2025 earnings released: EPS: CN¥0.76 (vs CN¥0.64 in FY 2024) Full year 2025 results: EPS: CN¥0.76 (up from CN¥0.64 in FY 2024). Revenue: CN¥11.8b (up 4.3% from FY 2024). Net income: CN¥375.5m (up 19% from FY 2024). Profit margin: 3.2% (up from 2.8% in FY 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 2% per year whereas the company’s share price has increased by 2% per year. Announcement • Apr 17
Friend Co.,Ltd., Annual General Meeting, May 21, 2026 Friend Co.,Ltd., Annual General Meeting, May 21, 2026, at 14:30 China Standard Time. Location: The Company's Meeting Room, Shanghai China Announcement • Mar 30
Friend Co.,Ltd. to Report Q1, 2026 Results on Apr 30, 2026 Friend Co.,Ltd. announced that they will report Q1, 2026 results on Apr 30, 2026 Valuation Update With 7 Day Price Move • Mar 25
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to CN¥14.49, the stock trades at a trailing P/E ratio of 19.1x. Average trailing P/E is 38x in the Metals and Mining industry in China. Total returns to shareholders of 26% over the past three years. Reported Earnings • Mar 05
Full year 2025 earnings released: EPS: CN¥0.76 (vs CN¥0.64 in FY 2024) Full year 2025 results: EPS: CN¥0.76 (up from CN¥0.64 in FY 2024). Revenue: CN¥11.8b (up 4.5% from FY 2024). Net income: CN¥373.1m (up 18% from FY 2024). Profit margin: 3.2% (up from 2.8% in FY 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 2% per year whereas the company’s share price has fallen by 1% per year. New Risk • Feb 02
New minor risk - Dividend sustainability The dividend is not well covered by cash flows. The company is paying a dividend despite having no free cash flows. Dividend yield: 2.6% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (21% accrual ratio). Minor Risk Paying a dividend despite having no free cash flows. Announcement • Dec 26
Friend Co.,Ltd. to Report Fiscal Year 2025 Results on Apr 17, 2026 Friend Co.,Ltd. announced that they will report fiscal year 2025 results on Apr 17, 2026 Board Change • Dec 11
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 Chen Yudong was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Oct 31
Third quarter 2025 earnings released: EPS: CN¥0.18 (vs CN¥0.17 in 3Q 2024) Third quarter 2025 results: EPS: CN¥0.18 (up from CN¥0.17 in 3Q 2024). Revenue: CN¥3.02b (up 10% from 3Q 2024). Net income: CN¥90.0m (up 6.3% from 3Q 2024). Profit margin: 3.0% (down from 3.1% in 3Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 2% per year whereas the company’s share price has fallen by 1% per year. Announcement • Sep 30
Friend Co.,Ltd. to Report Q3, 2025 Results on Oct 31, 2025 Friend Co.,Ltd. announced that they will report Q3, 2025 results on Oct 31, 2025 Buy Or Sell Opportunity • Sep 10
Now 20% undervalued Over the last 90 days, the stock has risen 50% to CN¥20.06. The fair value is estimated to be CN¥25.12, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.0% over the last 3 years, while earnings per share has been flat. New Risk • Sep 05
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 6.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company. Valuation Update With 7 Day Price Move • Sep 04
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to CN¥17.10, the stock trades at a trailing P/E ratio of 23.8x. Average trailing P/E is 36x in the Metals and Mining industry in China. Total returns to shareholders of 26% over the past three years. Reported Earnings • Aug 27
Second quarter 2025 earnings released: EPS: CN¥0.13 (vs CN¥0.082 in 2Q 2024) Second quarter 2025 results: EPS: CN¥0.13 (up from CN¥0.082 in 2Q 2024). Revenue: CN¥2.78b (up 2.5% from 2Q 2024). Net income: CN¥62.5m (up 53% from 2Q 2024). Profit margin: 2.3% (up from 1.5% in 2Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 1% per year whereas the company’s share price has increased by 3% per year. Valuation Update With 7 Day Price Move • Aug 15
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to CN¥15.13, the stock trades at a trailing P/E ratio of 22.5x. Average trailing P/E is 34x in the Metals and Mining industry in China. Total loss to shareholders of 7.7% over the past three years. Announcement • Jun 30
Friend Co.,Ltd. to Report First Half, 2025 Results on Aug 26, 2025 Friend Co.,Ltd. announced that they will report first half, 2025 results on Aug 26, 2025 Reported Earnings • Apr 27
Full year 2024 earnings released: EPS: CN¥0.63 (vs CN¥0.85 in FY 2023) Full year 2024 results: EPS: CN¥0.63 (down from CN¥0.85 in FY 2023). Revenue: CN¥11.3b (up 16% from FY 2023). Net income: CN¥309.5m (down 26% from FY 2023). Profit margin: 2.7% (down from 4.3% in FY 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has remained flat whereas the company’s share price has increased by 1% per year. Announcement • Apr 26
Friend Co.,Ltd., Annual General Meeting, May 27, 2025 Friend Co.,Ltd., Annual General Meeting, May 27, 2025, at 14:30 China Standard Time. Location: 9F, East Building, No. 55, Fuqiao Road, Baoshan District, Shanghai China New Risk • Apr 04
New major risk - Dividend sustainability The dividend is not well covered by earnings and cash flows. Payout ratio: 95% The company is paying a dividend despite having no free cash flows. Dividend yield: 1.9% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk Dividend is not well covered by earnings and cash flows. Payout ratio: 95% Paying a dividend despite having no free cash flows. Minor Risk Profit margins are more than 30% lower than last year (2.7% net profit margin). Announcement • Mar 28
Friend Co.,Ltd. to Report Q1, 2025 Results on Apr 30, 2025 Friend Co.,Ltd. announced that they will report Q1, 2025 results on Apr 30, 2025 Reported Earnings • Mar 02
Full year 2024 earnings released: EPS: CN¥0.63 (vs CN¥0.85 in FY 2023) Full year 2024 results: EPS: CN¥0.63 (down from CN¥0.85 in FY 2023). Revenue: CN¥11.3b (up 16% from FY 2023). Net income: CN¥309.5m (down 26% from FY 2023). Profit margin: 2.7% (down from 4.3% in FY 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has remained flat whereas the company’s share price has fallen by 5% per year. Announcement • Dec 27
Friend Co.,Ltd. to Report Fiscal Year 2024 Results on Apr 26, 2025 Friend Co.,Ltd. announced that they will report fiscal year 2024 results on Apr 26, 2025 Announcement • Dec 25
Friend Co.,Ltd. (SHSE:605050) announces an Equity Buyback for CNY 80 million worth of its shares. Friend Co.,Ltd. (SHSE:605050) announces a share repurchase program. Under the program, the company will repurchase up to CNY 80 million worth of its shares. The shares will be repurchased at no more than CNY 15.03 per Share. The purpose of the program is to use the repurchased shares for ESOP or equity incentives. The program will be funded from own funds and special bank loans for the share repurchase. The plan will be valid for 12 months. Announcement • Sep 30
Friend Co.,Ltd. to Report Q3, 2024 Results on Oct 31, 2024 Friend Co.,Ltd. announced that they will report Q3, 2024 results on Oct 31, 2024 Reported Earnings • Aug 30
Second quarter 2024 earnings released: EPS: CN¥0.082 (vs CN¥0.19 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.082 (down from CN¥0.19 in 2Q 2023). Revenue: CN¥2.71b (up 18% from 2Q 2023). Net income: CN¥40.8m (down 56% from 2Q 2023). Profit margin: 1.5% (down from 4.1% in 2Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has fallen by 10% per year, which means it is performing significantly worse than earnings. Buy Or Sell Opportunity • Aug 06
Now 21% overvalued Over the last 90 days, the stock has fallen 23% to CN¥8.27. The fair value is estimated to be CN¥6.85, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 4.4% over the last 3 years, while earnings per share has been flat. Announcement • Jun 28
Friend Co.,Ltd. to Report First Half, 2024 Results on Aug 31, 2024 Friend Co.,Ltd. announced that they will report first half, 2024 results on Aug 31, 2024 Announcement • May 01
Friend Co.,Ltd., Annual General Meeting, May 20, 2024 Friend Co.,Ltd., Annual General Meeting, May 20, 2024, at 14:30 China Standard Time. Location: The Company's Meeting Room, Shanghai China Reported Earnings • Apr 30
First quarter 2024 earnings released: EPS: CN¥0.16 (vs CN¥0.17 in 1Q 2023) First quarter 2024 results: EPS: CN¥0.16 (down from CN¥0.17 in 1Q 2023). Revenue: CN¥2.39b (up 12% from 1Q 2023). Net income: CN¥76.7m (down 10% from 1Q 2023). Profit margin: 3.2% (down from 4.0% in 1Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 19% p.a. on average during the next 2 years, compared to a 10% growth forecast for the Metals and Mining industry in China. Over the last 3 years on average, earnings per share has fallen by 2% per year whereas the company’s share price has fallen by 1% per year. Reported Earnings • Apr 18
Full year 2023 earnings: EPS exceeds analyst expectations while revenues lag behind Full year 2023 results: EPS: CN¥0.85 (up from CN¥0.70 in FY 2022). Revenue: CN¥9.76b (down 5.6% from FY 2022). Net income: CN¥417.3m (up 37% from FY 2022). Profit margin: 4.3% (up from 2.9% in FY 2022). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 3.1%. Earnings per share (EPS) exceeded analyst estimates by 3.7%. Revenue is forecast to grow 18% p.a. on average during the next 2 years, compared to a 9.8% growth forecast for the Metals and Mining industry in China. Over the last 3 years on average, earnings per share has fallen by 4% per year whereas the company’s share price has fallen by 2% per year. Announcement • Mar 29
Friend Co.,Ltd. to Report Q1, 2024 Results on Apr 30, 2024 Friend Co.,Ltd. announced that they will report Q1, 2024 results on Apr 30, 2024 Reported Earnings • Feb 28
Full year 2023 earnings: EPS exceeds analyst expectations while revenues lag behind Full year 2023 results: EPS: CN¥0.84 (up from CN¥0.70 in FY 2022). Revenue: CN¥9.78b (down 5.4% from FY 2022). Net income: CN¥417.1m (up 37% from FY 2022). Profit margin: 4.3% (up from 2.9% in FY 2022). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 2.9%. Earnings per share (EPS) exceeded analyst estimates by 2.4%. Revenue is forecast to grow 18% p.a. on average during the next 2 years, compared to a 11% growth forecast for the Metals and Mining industry in China. Over the last 3 years on average, earnings per share has fallen by 5% per year whereas the company’s share price has fallen by 1% per year. Valuation Update With 7 Day Price Move • Feb 26
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥11.35, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 12x in the Metals and Mining industry in China. Total returns to shareholders of 7.2% over the past three years. Valuation Update With 7 Day Price Move • Feb 02
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to CN¥9.63, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 12x in the Metals and Mining industry in China. Total loss to shareholders of 5.4% over the past three years. Announcement • Dec 30
Friend Co.,Ltd. to Report Fiscal Year 2023 Results on Apr 16, 2024 Friend Co.,Ltd. announced that they will report fiscal year 2023 results on Apr 16, 2024 Reported Earnings • Oct 26
Third quarter 2023 earnings released: EPS: CN¥0.24 (vs CN¥0.18 in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.24 (up from CN¥0.18 in 3Q 2022). Revenue: CN¥2.53b (down 14% from 3Q 2022). Net income: CN¥115.2m (up 46% from 3Q 2022). Profit margin: 4.5% (up from 2.7% 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 5% per year whereas the company’s share price has fallen by 3% per year. Reported Earnings • Aug 23
Second quarter 2023 earnings released: EPS: CN¥0.19 (vs CN¥0.15 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.19 (up from CN¥0.15 in 2Q 2022). Revenue: CN¥2.30b (up 9.2% from 2Q 2022). Net income: CN¥93.6m (up 48% from 2Q 2022). Profit margin: 4.1% (up from 3.0% in 2Q 2022). The increase in margin was driven by higher revenue. Announcement • Jun 28
Friend Co.,Ltd. to Report Q2, 2023 Results on Aug 23, 2023 Friend Co.,Ltd. announced that they will report Q2, 2023 results on Aug 23, 2023 Reported Earnings • Apr 18
Full year 2022 earnings released: EPS: CN¥0.70 (vs CN¥0.78 in FY 2021) Full year 2022 results: EPS: CN¥0.70 (down from CN¥0.78 in FY 2021). Revenue: CN¥10.3b (up 3.9% from FY 2021). Net income: CN¥305.0m (down 9.8% from FY 2021). Profit margin: 2.9% (down from 3.4% in FY 2021). The decrease in margin was driven by higher expenses. Reported Earnings • Mar 02
Full year 2022 earnings released: EPS: CN¥0.69 (vs CN¥0.78 in FY 2021) Full year 2022 results: EPS: CN¥0.69 (down from CN¥0.78 in FY 2021). Revenue: CN¥10.3b (up 3.9% from FY 2021). Net income: CN¥302.0m (down 11% from FY 2021). Profit margin: 2.9% (down from 3.4% in FY 2021). The decrease in margin was driven by higher expenses. Announcement • Jan 11
Friend Co.,Ltd. announced that it has received CNY 649.999994 million in funding from Nuode Asset Management Co., Ltd., Caitong Fund Management Co., Ltd., UBS Group AG and other investors On January 9, 2023, Friend Co.,Ltd. closed the transaction. The company has issued 57,829,181 shares at Issue price 11.24 per share for proceeds of CNY 649,999,994.44. The company has paid issuance fee of CNY 5,734,490.14 and received net proceeds of CNY 644,265,504.30. The transaction included participation from Nuode Asset Management Co., Ltd., Caitong Fund Management Co., Ltd, UBS Group AG, and other investors. 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. 5 experienced directors. No highly experienced directors. 2 independent directors (3 non-independent directors). Independent Director Dongdong Dong was the last independent 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 31
Third quarter 2022 earnings released: EPS: CN¥0.18 (vs CN¥0.15 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.18 (up from CN¥0.15 in 3Q 2021). Revenue: CN¥2.96b (up 15% from 3Q 2021). Net income: CN¥78.9m (up 19% from 3Q 2021). Profit margin: 2.7% (up from 2.6% in 3Q 2021). The increase in margin was driven by higher revenue. Valuation Update With 7 Day Price Move • Aug 29
Investor sentiment deteriorated over the past week After last week's 15% share price decline to CN¥16.33, the stock trades at a trailing P/E ratio of 24.9x. Average trailing P/E is 30x in the Metals and Mining industry in China. Total returns to shareholders of 53% over the past year. Reported Earnings • Aug 24
Second quarter 2022 earnings released: EPS: CN¥0.15 (vs CN¥0.23 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.15 (down from CN¥0.23 in 2Q 2021). Revenue: CN¥2.11b (down 10.0% from 2Q 2021). Net income: CN¥63.3m (down 38% from 2Q 2021). Profit margin: 3.0% (down from 4.4% in 2Q 2021). The decrease in margin was driven by lower revenue. Valuation Update With 7 Day Price Move • Jul 20
Investor sentiment improved over the past week After last week's 25% share price gain to CN¥17.08, the stock trades at a trailing P/E ratio of 23x. Average trailing P/E is 30x in the Metals and Mining industry in China. Total returns to shareholders of 62% over the past year. Valuation Update With 7 Day Price Move • Jun 28
Investor sentiment improved over the past week After last week's 23% share price gain to CN¥15.45, the stock trades at a trailing P/E ratio of 20.8x. Average trailing P/E is 30x in the Metals and Mining industry in China. Total returns to shareholders of 47% over the past year. Valuation Update With 7 Day Price Move • Jun 07
Investor sentiment improved over the past week After last week's 20% share price gain to CN¥13.16, the stock trades at a trailing P/E ratio of 17.7x. Average trailing P/E is 28x in the Metals and Mining industry in China. Total returns to shareholders of 21% over the past year. Reported Earnings • May 02
First quarter 2022 earnings released: EPS: CN¥0.16 (vs CN¥0.20 in 1Q 2021) First quarter 2022 results: EPS: CN¥0.16 (down from CN¥0.20 in 1Q 2021). Revenue: CN¥2.47b (up 15% from 1Q 2021). Net income: CN¥70.4m (down 17% from 1Q 2021). Profit margin: 2.8% (down from 3.9% in 1Q 2021). The decrease in margin was driven by higher expenses. Valuation Update With 7 Day Price Move • Apr 29
Investor sentiment deteriorated over the past week After last week's 22% share price decline to CN¥10.77, the stock trades at a trailing P/E ratio of 13.9x. Average trailing P/E is 22x in the Metals and Mining industry in China. Total loss to shareholders of 3.8% over the past year. Board Change • Apr 27
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. No highly experienced directors. No independent directors (3 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Reported Earnings • Mar 04
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: EPS: CN¥0.78 (down from CN¥0.81 in FY 2020). Revenue: CN¥9.95b (up 49% from FY 2020). Net income: CN¥338.6m (up 10% from FY 2020). Profit margin: 3.4% (down from 4.6% in FY 2020). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Valuation Update With 7 Day Price Move • Dec 16
Investor sentiment improved over the past week After last week's 42% share price gain to CN¥18.79, the stock trades at a trailing P/E ratio of 22.5x. Average trailing P/E is 30x in the Metals and Mining industry in China. Total returns to shareholders of 68% over the past year. Valuation Update With 7 Day Price Move • Dec 01
Investor sentiment improved over the past week After last week's 16% share price gain to CN¥13.17, the stock trades at a trailing P/E ratio of 15.8x. Average trailing P/E is 33x in the Metals and Mining industry in China. Total returns to shareholders of 8.5% over the past year. Reported Earnings • Oct 31
Third quarter 2021 earnings released: EPS CN¥0.15 (vs CN¥0.24 in 3Q 2020) The company reported a mediocre third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: CN¥2.57b (up 42% from 3Q 2020). Net income: CN¥66.5m (down 22% from 3Q 2020). Profit margin: 2.6% (down from 4.7% in 3Q 2020). The decrease in margin was driven by higher expenses. Reported Earnings • Aug 19
Second quarter 2021 earnings released: EPS CN¥0.23 (vs CN¥0.18 in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CN¥2.34b (up 53% from 2Q 2020). Net income: CN¥102.0m (up 53% from 2Q 2020). Profit margin: 4.4% (up from 4.3% in 2Q 2020). The increase in margin was driven by higher revenue. Reported Earnings • Apr 26
First quarter 2021 earnings released: EPS CN¥0.20 (vs CN¥0.15 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¥2.16b (up 75% from 1Q 2020). Net income: CN¥85.0m (up 51% from 1Q 2020). Profit margin: 3.9% (down from 4.5% in 1Q 2020). The decrease in margin was driven by higher expenses. Reported Earnings • Mar 01
Full year 2020 earnings released: EPS CN¥0.81 (vs CN¥0.78 in FY 2019) The company reported a solid full year result with improved earnings and revenues, although profit margins were weaker. Full year 2020 results: Revenue: CN¥6.69b (up 22% from FY 2019). Net income: CN¥306.9m (up 9.9% from FY 2019). Profit margin: 4.6% (down from 5.1% in FY 2019). The decrease in margin was driven by higher expenses. Announcement • Jan 21
Friend Co.,Ltd. to Report Fiscal Year 2020 Results on Mar 01, 2021 Friend Co.,Ltd. announced that they will report fiscal year 2020 results on Mar 01, 2021 Reported Earnings • Jan 16
Full year 2020 earnings released: EPS CN¥0.81 The company reported a solid full year result with improved earnings and revenues, although profit margins were weaker. Full year 2020 results: Revenue: CN¥6.69b (up 22% from FY 2019). Net income: CN¥307.7m (up 10% from FY 2019). Profit margin: 4.6% (down from 5.1% in FY 2019). The decrease in margin was driven by higher expenses. Is New 90 Day High Low • Dec 24
New 90-day low: CN¥10.85 The company is down 26% from its price of CN¥14.69 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 Metals and Mining industry, which is up 13% over the same period. Announcement • Oct 30
Friend Co.,Ltd. to Report Q3, 2020 Results on Oct 31, 2020 Friend Co.,Ltd. announced that they will report Q3, 2020 results on Oct 31, 2020 Reported Earnings • Oct 28
Third quarter earnings released Over the last 12 months the company has reported total profits of CN¥277.6m, down 1.9% from the prior year. Total revenue was CN¥5.99b over the last 12 months, up 8.6% from the prior year.