New Risk • May 06
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -CN¥755m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CN¥755m free cash flow). Earnings have declined by 38% per year over the past 5 years. New Risk • Apr 06
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 8.3% 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 Earnings have declined by 49% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (8.3% average weekly change). Announcement • Mar 30
SINOTECH Company Limited to Report Q1, 2026 Results on Apr 30, 2026 SINOTECH Company Limited announced that they will report Q1, 2026 results on Apr 30, 2026 Announcement • Mar 28
SINOTECH Company Limited, Annual General Meeting, Apr 17, 2026 SINOTECH Company Limited, Annual General Meeting, Apr 17, 2026, at 14:00 China Standard Time. Location: No. 88, Gunan Street, High-tech Zone, Chengdu, Sichuan China Reported Earnings • Mar 05
Full year 2025 earnings: EPS misses analyst expectations Full year 2025 results: CN¥0.47 loss per share (further deteriorated from CN¥0.22 loss in FY 2024). Revenue: CN¥1.77b (up 13% from FY 2024). Net loss: CN¥56.2m (loss widened 114% from FY 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates. Over the last 3 years on average, earnings per share has increased by 1% per year whereas the company’s share price has fallen by 3% per year. Announcement • Dec 26
SINOTECH Company Limited to Report Fiscal Year 2025 Results on Mar 28, 2026 SINOTECH Company Limited announced that they will report fiscal year 2025 results on Mar 28, 2026 Reported Earnings • Oct 31
Third quarter 2025 earnings released: CN¥0.13 loss per share (vs CN¥0.12 loss in 3Q 2024) Third quarter 2025 results: CN¥0.13 loss per share. Revenue: CN¥410.4m (up 29% from 3Q 2024). Net loss: CN¥15.0m (loss narrowed 24% from 3Q 2024). Revenue is forecast to grow 30% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Chemicals industry in China. Announcement • Sep 30
SINOTECH Company Limited to Report Q3, 2025 Results on Oct 31, 2025 SINOTECH Company Limited announced that they will report Q3, 2025 results on Oct 31, 2025 Announcement • Jun 30
SINOTECH Company Limited to Report First Half, 2025 Results on Aug 30, 2025 SINOTECH Company Limited announced that they will report first half, 2025 results on Aug 30, 2025 Announcement • Apr 30
SINOTECH Company Limited, Annual General Meeting, May 20, 2025 SINOTECH Company Limited, Annual General Meeting, May 20, 2025, at 14:00 China Standard Time. Location: No. 88, Gunan Street, High-tech Zone, Chengdu, Sichuan China Announcement • Mar 28
SINOTECH Company Limited to Report Q1, 2025 Results on Apr 30, 2025 SINOTECH Company Limited announced that they will report Q1, 2025 results on Apr 30, 2025 Reported Earnings • Mar 02
Full year 2024 earnings: EPS and revenues miss analyst expectations Full year 2024 results: CN¥0.22 loss per share (down from CN¥0.35 profit in FY 2023). Revenue: CN¥1.56b (up 1.2% from FY 2023). Net loss: CN¥26.9m (down 164% from profit in FY 2023). Revenue missed analyst estimates by 25%. Earnings per share (EPS) were also behind analyst expectations. Revenue is forecast to grow 45% 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 increased by 48% per year but the company’s share price has fallen by 18% per year, which means it is significantly lagging earnings. New Risk • Feb 02
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 8.7% 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. Announcement • Dec 27
SINOTECH Company Limited to Report Fiscal Year 2024 Results on Apr 30, 2025 SINOTECH Company Limited announced that they will report fiscal year 2024 results on Apr 30, 2025 New Risk • Dec 23
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 11% 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. Reported Earnings • Oct 31
Third quarter 2024 earnings released Third quarter 2024 results: CN¥0.12 loss per share. Revenue: CN¥318.3m (down 27% from 3Q 2023). Net loss: CN¥19.7m (down 261% from profit in 3Q 2023). Revenue is forecast to grow 41% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Chemicals industry in China. 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 26% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Oct 15
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to CN¥14.65, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 16x in the Chemicals industry in China. Total loss to shareholders of 57% over the past year. Announcement • Sep 30
SINOTECH Company Limited to Report Q3, 2024 Results on Oct 31, 2024 SINOTECH Company Limited announced that they will report Q3, 2024 results on Oct 31, 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¥13.88, the stock trades at a forward P/E ratio of 26x. Average forward P/E is 16x in the Chemicals industry in China. Total loss to shareholders of 55% over the past year. Major Estimate Revision • Sep 05
Consensus revenue estimates fall by 31% The consensus outlook for revenues in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from CN¥2.45b to CN¥1.69b. EPS estimate fell from CN¥0.88 to CN¥0.37 per share. Net income forecast to grow 136% next year vs 46% growth forecast for Chemicals industry in China. Consensus price target down from CN¥26.50 to CN¥15.57. Share price fell 4.4% to CN¥13.18 over the past week. Reported Earnings • Aug 31
Second quarter 2024 earnings released: CN¥0.14 loss per share (vs CN¥0.12 profit in 2Q 2023) Second quarter 2024 results: CN¥0.14 loss per share (down from CN¥0.12 profit in 2Q 2023). Revenue: CN¥364.0m (down 13% from 2Q 2023). Net loss: CN¥8.93m (down 162% from profit in 2Q 2023). Revenue is forecast to grow 41% p.a. on average during the next 2 years, compared to a 15% growth forecast for the Chemicals industry in China. Announcement • Jun 28
Sinocat Environmental Technology Co.,Ltd. to Report First Half, 2024 Results on Aug 30, 2024 Sinocat Environmental Technology Co.,Ltd. announced that they will report first half, 2024 results on Aug 30, 2024 Announcement • Jun 08
Sinocat Environmental Technology Co.,Ltd. (SHSE:688737) announces an Equity Buyback for CNY 40 million worth of its shares. Sinocat Environmental Technology Co.,Ltd. (SHSE:688737) announces a share repurchase program. Under the program, the company will repurchase up to CNY 40 million worth of its shares. The shares will be repurchased at a price of not more than CNY 29.1 per share. The repurchased shares will be used for employee stock ownership plans or equity incentives at an appropriate time in the future, and will be transferred within three years after the announcement of the results of the share repurchase and the announcement of the share change; if the Company fails to transfer the repurchased shares within three years after the announcement of the results of the share repurchase and the announcement of the share change, the untransferred shares will be cancelled.The company will use its own funds to repurchase its shares. The authorization will be valid for a period of 12 months. Major Estimate Revision • May 06
Consensus EPS estimates fall by 13% The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from CN¥2.64b to CN¥2.45b. EPS estimate also fell from CN¥1.09 per share to CN¥0.945 per share. Net income forecast to grow 162% next year vs 56% growth forecast for Chemicals industry in China. Consensus price target down from CN¥29.00 to CN¥26.50. Share price fell 3.4% to CN¥20.39 over the past week. Reported Earnings • Apr 30
First quarter 2024 earnings released: EPS: CN¥0.12 (vs CN¥0.05 in 1Q 2023) First quarter 2024 results: EPS: CN¥0.12 (up from CN¥0.05 in 1Q 2023). Revenue: CN¥374.7m (up 41% from 1Q 2023). Net income: CN¥14.5m (up 135% from 1Q 2023). Profit margin: 3.9% (up from 2.3% in 1Q 2023). Revenue is forecast to grow 34% 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 16
Investor sentiment deteriorates as stock falls 25% After last week's 25% share price decline to CN¥18.69, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 15x in the Chemicals industry in China. Total loss to shareholders of 31% over the past year. Major Estimate Revision • Apr 05
Consensus revenue estimates fall by 13% The consensus outlook for revenues in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from CN¥3.05b to CN¥2.64b. EPS estimate fell from CN¥1.67 to CN¥1.16 per share. Net income forecast to grow 231% next year vs 46% growth forecast for Chemicals industry in China. Consensus price target down from CN¥41.80 to CN¥29.00. Share price rose 12% to CN¥25.03 over the past week. Reported Earnings • Mar 31
Full year 2023 earnings: EPS and revenues miss analyst expectations Full year 2023 results: EPS: CN¥0.35 (up from CN¥0.72 loss in FY 2022). Revenue: CN¥1.54b (up 245% from FY 2022). Net income: CN¥42.3m (up CN¥129.6m from FY 2022). Profit margin: 2.7% (up from net loss in FY 2022). The move to profitability was driven by higher revenue. Revenue missed analyst estimates by 13%. Earnings per share (EPS) also missed analyst estimates by 24%. Announcement • Mar 30
Sinocat Environmental Technology Co.,Ltd., Annual General Meeting, Apr 19, 2024 Sinocat Environmental Technology Co.,Ltd., Annual General Meeting, Apr 19, 2024, at 14:00 China Standard Time. Location: No. 88, Gunan Street, High-tech Zone, Chengdu, Sichuan China Announcement • Mar 29
Sinocat Environmental Technology Co.,Ltd. to Report Q1, 2024 Results on Apr 30, 2024 Sinocat Environmental Technology Co.,Ltd. announced that they will report Q1, 2024 results on Apr 30, 2024 Reported Earnings • Feb 27
Full year 2023 earnings: EPS and revenues miss analyst expectations Full year 2023 results: EPS: CN¥0.43 (up from CN¥0.72 loss in FY 2022). Revenue: CN¥1.54b (up 245% from FY 2022). Net income: CN¥42.6m (up CN¥129.9m from FY 2022). Profit margin: 2.8% (up from net loss in FY 2022). The move to profitability was driven by higher revenue. Revenue missed analyst estimates by 13%. Earnings per share (EPS) also missed analyst estimates by 6.5%. Revenue is forecast to grow 52% p.a. on average during the next 2 years, compared to a 18% growth forecast for the Chemicals industry in China. New Risk • Feb 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 6.8% 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. This is currently the only risk that has been identified for the company. Reported Earnings • Nov 01
Third quarter 2023 earnings released: EPS: CN¥0.25 (vs CN¥0.16 loss in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.25 (up from CN¥0.16 loss in 3Q 2022). Revenue: CN¥438.7m (up 279% from 3Q 2022). Net income: CN¥12.2m (up CN¥32.2m from 3Q 2022). Profit margin: 2.8% (up from net loss in 3Q 2022). Revenue is forecast to grow 58% p.a. on average during the next 3 years, compared to a 19% growth forecast for the Chemicals industry in China. Announcement • Jun 28
Sinocat Environmental Technology Co.,Ltd. to Report First Half, 2023 Results on Aug 25, 2023 Sinocat Environmental Technology Co.,Ltd. announced that they will report first half, 2023 results on Aug 25, 2023 Reported Earnings • Apr 29
First quarter 2023 earnings released: EPS: CN¥0.07 (vs CN¥0.13 loss in 1Q 2022) First quarter 2023 results: EPS: CN¥0.07 (up from CN¥0.13 loss in 1Q 2022). Revenue: CN¥265.3m (up 176% from 1Q 2022). Net income: CN¥6.19m (up CN¥17.0m from 1Q 2022). Profit margin: 2.3% (up from net loss in 1Q 2022). Revenue is forecast to grow 77% p.a. on average during the next 2 years, compared to a 20% growth forecast for the Auto Components industry in China. Reported Earnings • Mar 02
Full year 2022 earnings released: CN¥1.03 loss per share (vs CN¥0.15 profit in FY 2021) Full year 2022 results: CN¥1.03 loss per share (down from CN¥0.15 profit in FY 2021). Revenue: CN¥448.3m (down 53% from FY 2021). Net loss: CN¥88.6m (down CN¥99.0m from profit in FY 2021). Revenue is forecast to grow 75% p.a. on average during the next 2 years, compared to a 24% growth forecast for the Auto Components industry in China. Board Change • Nov 16
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. 5 experienced directors. No highly experienced directors. No independent directors (4 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 • Oct 28
Third quarter 2022 earnings released: CN¥0.23 loss per share (vs CN¥0.10 loss in 3Q 2021) Third quarter 2022 results: CN¥0.23 loss per share (further deteriorated from CN¥0.10 loss in 3Q 2021). Revenue: CN¥115.8m (flat on 3Q 2021). Net loss: CN¥19.9m (loss widened 220% from 3Q 2021). Revenue is forecast to grow 76% p.a. on average during the next 2 years, compared to a 24% growth forecast for the Auto Components industry in China. 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 • Feb 28
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: EPS: CN¥0.16 (down from CN¥3.57 in FY 2020). Revenue: CN¥962.2m (down 63% from FY 2020). Net income: CN¥10.6m (down 95% from FY 2020). Profit margin: 1.1% (down from 8.5% in FY 2020). The decrease in margin was driven by lower revenue. Revenue was in line with analyst estimates. Reported Earnings • Oct 31
Third quarter 2021 earnings released: CN¥0.10 loss per share (vs CN¥0.47 profit in 3Q 2020) The company reported a poor third quarter result with weaker earnings, revenues and control over costs. Third quarter 2021 results: Revenue: CN¥114.8m (down 81% from 3Q 2020). Net loss: CN¥6.23m (down 120% from profit in 3Q 2020).