Announcement • Jun 30
Jilin Joinature Polymer Co.,Ltd. to Report First Half, 2026 Results on Aug 29, 2026 Jilin Joinature Polymer Co.,Ltd. announced that they will report first half, 2026 results on Aug 29, 2026 Declared Dividend • Jun 08
Dividend of CN¥0.20 announced Dividend of CN¥0.20 is the same as last year. Ex-date: 11th June 2026 Payment date: 11th June 2026 Dividend yield will be 0.6%, which is lower than the industry average of 2.6%. Sustainability & Growth Dividend is not covered by earnings (121% earnings payout ratio) and the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has not increased over the past 2 years but payments have been stable during that time. The company's earnings per share (EPS) would need to grow by 34% to bring the payout ratio under control. However, EPS has declined by 50% over the last 5 years so the company would need to reverse this trend. Announcement • Apr 30
Jilin Joinature Polymer Co.,Ltd. announced that it expects to receive CNY 303.025 million in funding Jilin Joinature Polymer Co., Ltd. announced a private placement and the parties signed Share Subscription Agreement with returning investor Xie Huaijie holds 36,928,400 shares, 30.35% stake to issue not more than 11,500,000 A Shares at an issue price of CNY 26.35 per share for gross proceeds of CNY 303,025,000 on April 28, 2026. The shares cannot be transferred within 36 months from the issuance closing date. The transaction has been approved in the 7th Meeting of the Company’s 4th Directorate, and is subject to the approvals of the Company’s Shareholders, the Shanghai Stock Exchange, and the China Securities Regulatory Commission. Reported Earnings • Apr 29
Full year 2025 earnings released: EPS: CN¥0.10 (vs CN¥0.32 in FY 2024) Full year 2025 results: EPS: CN¥0.10 (down from CN¥0.32 in FY 2024). Revenue: CN¥309.2m (up 12% from FY 2024). Net income: CN¥11.9m (down 70% from FY 2024). Profit margin: 3.8% (down from 14% in FY 2024). The decrease in margin was driven by higher expenses. Announcement • Apr 29
Jilin Joinature Polymer Co.,Ltd., Annual General Meeting, May 20, 2026 Jilin Joinature Polymer Co.,Ltd., Annual General Meeting, May 20, 2026, at 14:30 China Standard Time. Location: The Company's Meeting Room, Changchun, Jilin China Announcement • Mar 30
Jilin Joinature Polymer Co.,Ltd. to Report Q1, 2026 Results on Apr 29, 2026 Jilin Joinature Polymer Co.,Ltd. announced that they will report Q1, 2026 results on Apr 29, 2026 Reported Earnings • Mar 05
Full year 2025 earnings released: EPS: CN¥0.10 (vs CN¥0.32 in FY 2024) Full year 2025 results: EPS: CN¥0.10 (down from CN¥0.32 in FY 2024). Revenue: CN¥309.2m (up 12% from FY 2024). Net income: CN¥11.9m (down 70% from FY 2024). Profit margin: 3.8% (down from 14% in FY 2024). The decrease in margin was driven by higher expenses. Announcement • Dec 26
Jilin Joinature Polymer Co.,Ltd. to Report Fiscal Year 2025 Results on Apr 29, 2026 Jilin Joinature Polymer 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¥0.03 (vs CN¥0.11 in 3Q 2024) Third quarter 2025 results: EPS: CN¥0.03 (down from CN¥0.11 in 3Q 2024). Revenue: CN¥75.7m (up 28% from 3Q 2024). Net income: CN¥3.40m (down 72% from 3Q 2024). Profit margin: 4.5% (down from 21% in 3Q 2024). Announcement • Sep 30
Jilin Joinature Polymer Co.,Ltd. to Report Q3, 2025 Results on Oct 31, 2025 Jilin Joinature Polymer Co.,Ltd. announced that they will report Q3, 2025 results on Oct 31, 2025 New Risk • Sep 04
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: 10% Last year net profit margin: 17% 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 Risks Share price has been highly volatile over the past 3 months (9.8% average weekly change). High level of non-cash earnings (35% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (10% net profit margin). Announcement • Jun 30
Jilin Joinature Polymer Co.,Ltd. to Report First Half, 2025 Results on Aug 28, 2025 Jilin Joinature Polymer Co.,Ltd. announced that they will report first half, 2025 results on Aug 28, 2025 Declared Dividend • Jun 11
Dividend of CN¥0.20 announced Dividend of CN¥0.20 is the same as last year. Ex-date: 12th June 2025 Payment date: 12th June 2025 Dividend yield will be 0.6%, which is lower than the industry average of 2.6%. Sustainability & Growth Dividend is covered by earnings (54% 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 company is yet to establish a track record of dividend growth or stability as it hasn't paid a regular dividend for at least 2 years. Earnings per share has grown by 14% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Reported Earnings • Apr 28
First quarter 2025 earnings released: EPS: CN¥0.05 (vs CN¥0.001 in 1Q 2024) First quarter 2025 results: EPS: CN¥0.05 (up from CN¥0.001 in 1Q 2024). Revenue: CN¥64.6m (up 65% from 1Q 2024). Net income: CN¥5.66m (up CN¥5.57m from 1Q 2024). Profit margin: 8.8% (up from 0.2% in 1Q 2024). The increase in margin was driven by higher revenue. Announcement • Apr 26
Jilin Joinature Polymer Co.,Ltd., Annual General Meeting, May 16, 2025 Jilin Joinature Polymer Co.,Ltd., Annual General Meeting, May 16, 2025, at 14:30 China Standard Time. Location: The Company's Meeting Room, Changchun, Jilin China Announcement • Mar 28
Jilin Joinature Polymer Co.,Ltd. to Report Q1, 2025 Results on Apr 26, 2025 Jilin Joinature Polymer Co.,Ltd. announced that they will report Q1, 2025 results on Apr 26, 2025 Reported Earnings • Feb 27
Full year 2024 earnings released: EPS: CN¥0.32 (vs CN¥0.55 in FY 2023) Full year 2024 results: EPS: CN¥0.32 (down from CN¥0.55 in FY 2023). Revenue: CN¥277.1m (down 5.0% from FY 2023). Net income: CN¥39.3m (down 28% from FY 2023). Profit margin: 14% (down from 19% in FY 2023). New Risk • Jan 12
New major risk - Financial data availability The company has not reported any financial data. This is considered a major risk. With no or incomplete audited reported financial data, it is virtually impossible to assess the company's investment potential. Currently, the following risks have been identified for the company: Major Risks No financial data reported. Share price has been highly volatile over the past 3 months (14% average weekly change). Valuation Update With 7 Day Price Move • Jan 03
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to CN¥33.69, the stock trades at a trailing P/E ratio of 70.7x. Average trailing P/E is 35x in the Chemicals industry in China. Total loss to shareholders of 1.5% over the past year. Announcement • Dec 27
Jilin Joinature Polymer Co.,Ltd. to Report Fiscal Year 2024 Results on Apr 26, 2025 Jilin Joinature Polymer Co.,Ltd. announced that they will report fiscal year 2024 results on Apr 26, 2025 Valuation Update With 7 Day Price Move • Dec 17
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to CN¥34.91, the stock trades at a trailing P/E ratio of 73.3x. Average trailing P/E is 38x in the Chemicals industry in China. Total loss to shareholders of 22% over the past year. New Risk • Dec 10
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 14% 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 (14% average weekly change). High level of non-cash earnings (33% accrual ratio). Valuation Update With 7 Day Price Move • Dec 02
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥28.59, the stock trades at a trailing P/E ratio of 60x. Average trailing P/E is 37x in the Chemicals industry in China. Total loss to shareholders of 11% over the past year. Reported Earnings • Oct 30
Third quarter 2024 earnings released: EPS: CN¥0.11 (vs CN¥0.031 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.11 (up from CN¥0.031 in 3Q 2023). Revenue: CN¥59.2m (up 23% from 3Q 2023). Net income: CN¥12.3m (up 334% from 3Q 2023). Profit margin: 21% (up from 5.9% in 3Q 2023). Valuation Update With 7 Day Price Move • Oct 15
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to CN¥18.95, the stock trades at a trailing P/E ratio of 47.6x. Average trailing P/E is 31x in the Chemicals industry in China. Total loss to shareholders of 26% over the past year. New Risk • Sep 30
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 7.3% 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 (33% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (7.3% average weekly change). Announcement • Sep 30
Jilin Joinature Polymer Co.,Ltd. to Report Q3, 2024 Results on Oct 30, 2024 Jilin Joinature Polymer 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 15% After last week's 15% share price gain to CN¥18.41, the stock trades at a trailing P/E ratio of 46.2x. Average trailing P/E is 29x in the Chemicals industry in China. Total loss to shareholders of 33% over the past year. Reported Earnings • Aug 28
Second quarter 2024 earnings released: EPS: CN¥0.14 (vs CN¥0.17 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.14. Revenue: CN¥94.9m (up 15% from 2Q 2023). Net income: CN¥17.4m (up 10% from 2Q 2023). Profit margin: 18% (in line with 2Q 2023). New Risk • Jul 31
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 7.2% 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 (44% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (7.2% average weekly change). Announcement • Jun 29
Jilin Joinature Polymer Co.,Ltd. to Report First Half, 2024 Results on Aug 28, 2024 Jilin Joinature Polymer Co.,Ltd. announced that they will report first half, 2024 results on Aug 28, 2024 Announcement • Apr 27
Jilin Joinature Polymer Co.,Ltd., Annual General Meeting, May 16, 2024 Jilin Joinature Polymer Co.,Ltd., Annual General Meeting, May 16, 2024, at 14:30 China Standard Time. Location: The Company's Meeting Room, Changchun, Jilin China Reported Earnings • Apr 26
First quarter 2024 earnings released: EPS: CN¥0.001 (vs CN¥0.09 in 1Q 2023) First quarter 2024 results: EPS: CN¥0.001 (down from CN¥0.09 in 1Q 2023). Revenue: CN¥39.2m (down 32% from 1Q 2023). Net income: CN¥86.7k (down 99% from 1Q 2023). Profit margin: 0.2% (down from 14% in 1Q 2023). The decrease in margin was driven by lower revenue. Valuation Update With 7 Day Price Move • Apr 16
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to CN¥23.89, the stock trades at a trailing P/E ratio of 68.1x. Average trailing P/E is 28x in the Chemicals industry in China. Announcement • Mar 29
Jilin Joinature Polymer Co.,Ltd. to Report Q1, 2024 Results on Apr 26, 2024 Jilin Joinature Polymer Co.,Ltd. announced that they will report Q1, 2024 results on Apr 26, 2024 Valuation Update With 7 Day Price Move • Feb 02
Investor sentiment deteriorates as stock falls 21% After last week's 21% share price decline to CN¥24.80, the stock trades at a trailing P/E ratio of 70.7x. Average trailing P/E is 28x in the Chemicals industry in China. Reported Earnings • Nov 01
Third quarter 2023 earnings released: EPS: CN¥0.031 (vs CN¥0.18 in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.031 (down from CN¥0.18 in 3Q 2022). Revenue: CN¥48.2m (down 31% from 3Q 2022). Net income: CN¥2.84m (down 82% from 3Q 2022). Profit margin: 5.9% (down from 23% in 3Q 2022). The decrease in margin was driven by lower revenue. Board Change • Sep 21
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. 6 experienced directors. No highly experienced directors. Independent Director Zhiyong Su was the last director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.