Announcement • 10h
Peric Special Gases Co., Ltd. to Report First Half, 2026 Results on Jul 18, 2026 Peric Special Gases Co., Ltd. announced that they will report first half, 2026 results on Jul 18, 2026 New Risk • May 11
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Chinese stocks, typically moving 11% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (11% average weekly change). Minor Risk Large one-off items impacting financial results. New Risk • May 06
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 42% 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 Share price has been volatile over the past 3 months (9.4% average weekly change). Large one-off items impacting financial results. Major Estimate Revision • Apr 27
Consensus EPS estimates fall by 18%, revenue upgraded The consensus outlook for fiscal year 2026 has been updated. 2026 revenue forecast increased from CN¥3.58b to CN¥3.80b. EPS estimate fell from CN¥1.47 to CN¥1.21 per share. Net income forecast to grow 98% next year vs 54% growth forecast for Chemicals industry in China. Consensus price target up from CN¥75.00 to CN¥92.00. Share price rose 5.7% to CN¥71.40 over the past week. Price Target Changed • Apr 24
Price target increased by 25% to CN¥92.00 Up from CN¥73.50, the current price target is provided by 1 analyst. New target price is 26% above last closing price of CN¥73.08. Stock is up 166% over the past year. The company is forecast to post earnings per share of CN¥1.21 for next year compared to CN¥0.65 last year. Reported Earnings • Apr 21
First quarter 2026 earnings released: EPS: CN¥0.19 (vs CN¥0.16 in 1Q 2025) First quarter 2026 results: EPS: CN¥0.19 (up from CN¥0.16 in 1Q 2025). Revenue: CN¥701.4m (up 36% from 1Q 2025). Net income: CN¥101.3m (up 17% from 1Q 2025). Profit margin: 14% (down from 17% in 1Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 35% p.a. on average during the next 2 years, compared to a 16% growth forecast for the Chemicals industry in China. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has increased by 15% per year, which means it is well ahead of earnings. Announcement • Apr 21
Peric Special Gases Co., Ltd., Annual General Meeting, May 12, 2026 Peric Special Gases Co., Ltd., Annual General Meeting, May 12, 2026, at 14:30 China Standard Time. Location: No. 6, Century Avenue, Handan, Hebei China New Risk • Apr 03
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 9.3% 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 High level of non-cash earnings (23% accrual ratio). Minor Risk Share price has been volatile over the past 3 months (9.3% average weekly change). Announcement • Mar 30
Peric Special Gases Co., Ltd. to Report Q1, 2026 Results on Apr 21, 2026 Peric Special Gases Co., Ltd. announced that they will report Q1, 2026 results on Apr 21, 2026 Announcement • Dec 26
Peric Special Gases Co., Ltd. to Report Fiscal Year 2025 Results on Apr 21, 2026 Peric Special Gases Co., Ltd. announced that they will report fiscal year 2025 results on Apr 21, 2026 Valuation Update With 7 Day Price Move • Nov 03
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to CN¥46.88, the stock trades at a forward P/E ratio of 43x. Average forward P/E is 24x in the Chemicals industry in China. Total returns to shareholders of 50% over the past year. New Risk • Oct 28
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Chinese stocks, typically moving 10% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (10% average weekly change). High level of non-cash earnings (23% accrual ratio). Announcement • Sep 30
Peric Special Gases Co., Ltd. to Report Q3, 2025 Results on Oct 25, 2025 Peric Special Gases Co., Ltd. announced that they will report Q3, 2025 results on Oct 25, 2025 Major Estimate Revision • Aug 28
Consensus EPS estimates increase by 11%, revenue downgraded The consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast fell from CN¥2.50b to CN¥2.36b. EPS estimate rose from CN¥0.725 to CN¥0.805. Net income forecast to grow 59% next year vs 45% growth forecast for Chemicals industry in China. Consensus price target up from CN¥32.00 to CN¥73.50. Share price rose 8.9% to CN¥43.18 over the past week. Reported Earnings • Aug 25
Second quarter 2025 earnings released: CN¥2.02 loss per share (vs CN¥0.17 profit in 2Q 2024) Second quarter 2025 results: CN¥2.02 loss per share (down from CN¥0.17 profit in 2Q 2024). Net loss: CN¥63.7m (down 173% from profit in 2Q 2024). Revenue is forecast to grow 34% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Chemicals industry in China. New Risk • Aug 13
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 6.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (37% accrual ratio). Minor Risk Share price has been volatile over the past 3 months (6.8% average weekly change). Valuation Update With 7 Day Price Move • Aug 08
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to CN¥34.77, the stock trades at a forward P/E ratio of 45x. Average forward P/E is 23x in the Chemicals industry in China. Total returns to shareholders of 27% over the past year. Announcement • Jun 30
Peric Special Gases Co., Ltd. to Report First Half, 2025 Results on Aug 23, 2025 Peric Special Gases Co., Ltd. announced that they will report first half, 2025 results on Aug 23, 2025 Reported Earnings • Apr 26
First quarter 2025 earnings released: EPS: CN¥0.16 (vs CN¥0.17 in 1Q 2024) First quarter 2025 results: EPS: CN¥0.16 (down from CN¥0.17 in 1Q 2024). Revenue: CN¥515.7m (up 19% from 1Q 2024). Net income: CN¥86.7m (down 4.0% from 1Q 2024). Profit margin: 17% (down from 21% in 1Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 22% p.a. on average during the next 2 years, compared to a 15% growth forecast for the Chemicals industry in China. Announcement • Apr 26
Peric Special Gases Co., Ltd., Annual General Meeting, May 16, 2025 Peric Special Gases Co., Ltd., Annual General Meeting, May 16, 2025, at 14:30 China Standard Time. Location: The Company's Meeting Room, Handan, Hebei China Announcement • Mar 28
Peric Special Gases Co., Ltd. to Report Q1, 2025 Results on Apr 26, 2025 Peric Special Gases Co., Ltd. announced that they will report Q1, 2025 results on Apr 26, 2025 Reported Earnings • Mar 02
Full year 2024 earnings: EPS and revenues miss analyst expectations Full year 2024 results: EPS: CN¥0.57 (down from CN¥0.67 in FY 2023). Revenue: CN¥1.93b (up 19% from FY 2023). Net income: CN¥303.9m (down 9.2% from FY 2023). Profit margin: 16% (down from 21% in FY 2023). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 3.1%. Earnings per share (EPS) also missed analyst estimates by 13%. Revenue is forecast to grow 21% p.a. on average during the next 2 years, compared to a 16% growth forecast for the Chemicals industry in China. Buy Or Sell Opportunity • Feb 11
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 20% to CN¥28.44. The fair value is estimated to be CN¥35.58, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 2.6% over the last 3 years. Earnings per share has declined by 14%. Revenue is forecast to grow by 58% in 2 years. Earnings are forecast to grow by 63% in the next 2 years. Buy Or Sell Opportunity • Jan 02
Now 23% undervalued after recent price drop Over the last 90 days, the stock has fallen 11% to CN¥27.99. The fair value is estimated to be CN¥36.12, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 2.6% over the last 3 years. Earnings per share has declined by 14%. Revenue is forecast to grow by 58% in 2 years. Earnings are forecast to grow by 63% in the next 2 years. Announcement • Dec 27
Peric Special Gases Co., Ltd. to Report Fiscal Year 2024 Results on Apr 26, 2025 Peric Special Gases Co., Ltd. announced that they will report fiscal year 2024 results on Apr 26, 2025 Reported Earnings • Oct 31
Third quarter 2024 earnings released: EPS: CN¥0.10 (vs CN¥0.14 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.10 (down from CN¥0.14 in 3Q 2023). Revenue: CN¥468.8m (up 18% from 3Q 2023). Net income: CN¥56.2m (down 27% from 3Q 2023). Profit margin: 12% (down from 19% in 3Q 2023). Revenue is forecast to grow 22% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Chemicals industry in China. Valuation Update With 7 Day Price Move • Oct 15
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to CN¥30.53, the stock trades at a forward P/E ratio of 39x. Average forward P/E is 16x in the Chemicals industry in China. Total loss to shareholders of 15% over the past year. Announcement • Sep 30
Peric Special Gases Co., Ltd. to Report Q3, 2024 Results on Oct 31, 2024 Peric Special Gases 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 27% After last week's 27% share price gain to CN¥31.50, the stock trades at a forward P/E ratio of 38x. Average forward P/E is 16x in the Chemicals industry in China. Total loss to shareholders of 14% over the past year. Simply Wall St's valuation model estimates the intrinsic value at CN¥23.52 per share. Buy Or Sell Opportunity • Sep 27
Now 20% overvalued Over the last 90 days, the stock has fallen 5.4% to CN¥28.25. The fair value is estimated to be CN¥23.52, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 4.0% over the last year. Earnings per share has declined by 13%. Revenue is forecast to grow by 55% in 2 years. Earnings are forecast to grow by 49% in the next 2 years. Reported Earnings • Aug 24
Second quarter 2024 earnings released: EPS: CN¥0.17 (vs CN¥0.17 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.17. Revenue: CN¥478.2m (up 20% from 2Q 2023). Net income: CN¥87.5m (flat on 2Q 2023). Profit margin: 18% (down from 22% in 2Q 2023). Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Chemicals industry in China. Buy Or Sell Opportunity • Jul 31
Now 22% overvalued Over the last 90 days, the stock has fallen 1.8% to CN¥29.30. The fair value is estimated to be CN¥24.05, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 15% over the last year. Earnings per share has declined by 22%. Revenue is forecast to grow by 49% in 2 years. Earnings are forecast to grow by 53% in the next 2 years. Buy Or Sell Opportunity • Jul 11
Now 23% overvalued after recent price rise Over the last 90 days, the stock has risen 4.9% to CN¥29.79. The fair value is estimated to be CN¥24.13, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 15% over the last year. Earnings per share has declined by 22%. Revenue is forecast to grow by 49% in 2 years. Earnings are forecast to grow by 53% in the next 2 years. Announcement • Jun 28
Peric Special Gases Co., Ltd. to Report First Half, 2024 Results on Aug 24, 2024 Peric Special Gases Co., Ltd. announced that they will report first half, 2024 results on Aug 24, 2024 Buy Or Sell Opportunity • May 27
Now 22% overvalued Over the last 90 days, the stock has fallen 3.3% to CN¥28.72. The fair value is estimated to be CN¥23.61, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 15% over the last year. Earnings per share has declined by 22%. Revenue is forecast to grow by 49% in 2 years. Earnings are forecast to grow by 53% in the next 2 years. Reported Earnings • Apr 25
First quarter 2024 earnings released: EPS: CN¥0.17 (vs CN¥0.19 in 1Q 2023) First quarter 2024 results: EPS: CN¥0.17. Revenue: CN¥435.3m (up 8.4% from 1Q 2023). Net income: CN¥90.3m (up 5.9% from 1Q 2023). Profit margin: 21% (in line with 1Q 2023). Revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Chemicals industry in China. Announcement • Apr 21
Peric Special Gases Co., Ltd., Annual General Meeting, May 21, 2024 Peric Special Gases Co., Ltd., Annual General Meeting, May 21, 2024, at 14:00 China Standard Time. Location: The Company's Meeting Room, Handan, Hebei China Reported Earnings • Apr 20
First quarter 2024 earnings released: EPS: CN¥0.17 (vs CN¥0.19 in 1Q 2023) First quarter 2024 results: EPS: CN¥0.17. Revenue: CN¥435.3m (up 8.4% from 1Q 2023). Net income: CN¥90.3m (up 5.9% from 1Q 2023). Profit margin: 21% (in line with 1Q 2023). Revenue is forecast to grow 24% p.a. on average during the next 2 years, compared to a 16% growth forecast for the Chemicals industry in China. Valuation Update With 7 Day Price Move • Apr 10
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to CN¥32.43, the stock trades at a forward P/E ratio of 43x. Average forward P/E is 17x in the Chemicals industry in China. Announcement • Mar 30
Peric Special Gases Co., Ltd. to Report Q1, 2024 Results on Apr 20, 2024 Peric Special Gases Co., Ltd. announced that they will report Q1, 2024 results on Apr 20, 2024 Reported Earnings • Feb 28
Full year 2023 earnings: EPS and revenues miss analyst expectations Full year 2023 results: EPS: CN¥0.67 (down from CN¥0.85 in FY 2022). Revenue: CN¥1.62b (down 17% from FY 2022). Net income: CN¥334.9m (down 13% from FY 2022). Profit margin: 21% (up from 20% in FY 2022). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 28%. Earnings per share (EPS) also missed analyst estimates by 15%. Revenue is forecast to grow 30% p.a. on average during the next 2 years, compared to a 18% growth forecast for the Chemicals industry in China. Valuation Update With 7 Day Price Move • Jan 29
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to CN¥31.57, the stock trades at a forward P/E ratio of 34x. Average forward P/E is 14x in the Chemicals industry in China. Reported Earnings • Aug 26
Second quarter 2023 earnings released Second quarter 2023 results: EPS: CN¥0.17. Net income: CN¥86.8m (up CN¥86.8m from 2Q 2022). Revenue is forecast to grow 23% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Chemicals industry in China. New Risk • Aug 07
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: 0.6% 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 (24% accrual ratio). Minor Risk Paying a dividend despite having no free cash flows. Valuation Update With 7 Day Price Move • May 05
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to CN¥44.00, the stock trades at a trailing P/E ratio of 65.6x. Average trailing P/E is 29x in the Chemicals industry in China. 