Announcement • Jul 01
Sinostone(Guangdong) Co.,Ltd. to Report First Half, 2026 Results on Aug 21, 2026 Sinostone(Guangdong) Co.,Ltd. announced that they will report first half, 2026 results on Aug 21, 2026 Reported Earnings • Apr 25
Full year 2025 earnings released: CN¥0.18 loss per share (vs CN¥0.19 profit in FY 2024) Full year 2025 results: CN¥0.18 loss per share (down from CN¥0.19 profit in FY 2024). Revenue: CN¥417.5m (down 22% from FY 2024). Net loss: CN¥31.8m (down 204% from profit in FY 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 108 percentage points per year, which is a significant difference in performance. Announcement • Apr 25
Sinostone(Guangdong) Co.,Ltd., Annual General Meeting, May 18, 2026 Sinostone(Guangdong) Co.,Ltd., Annual General Meeting, May 18, 2026, at 14:00 China Standard Time. Location: The Company's Meeting Room, Foshan, Guangdong China Announcement • Mar 31
Sinostone(Guangdong) Co.,Ltd. to Report Q1, 2026 Results on Apr 28, 2026 Sinostone(Guangdong) Co.,Ltd. announced that they will report Q1, 2026 results on Apr 28, 2026 New Risk • Jan 04
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 17% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 41% per year over the past 5 years. Minor Risk Shareholders have been diluted in the past year (17% increase in shares outstanding). Announcement • Dec 31
Sinostone(Guangdong) Co.,Ltd. to Report Fiscal Year 2025 Results on Apr 25, 2026 Sinostone(Guangdong) Co.,Ltd. announced that they will report fiscal year 2025 results on Apr 25, 2026 Reported Earnings • Oct 29
Third quarter 2025 earnings released: EPS: CN¥0.006 (vs CN¥0.078 in 3Q 2024) Third quarter 2025 results: EPS: CN¥0.006 (down from CN¥0.078 in 3Q 2024). Revenue: CN¥120.6m (down 13% from 3Q 2024). Net income: CN¥1.18m (down 92% from 3Q 2024). Profit margin: 1.0% (down from 10% in 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 59% per year but the company’s share price has increased by 35% per year, which means it is well ahead of earnings. Announcement • Sep 30
Sinostone(Guangdong) Co.,Ltd. to Report Q3, 2025 Results on Oct 29, 2025 Sinostone(Guangdong) Co.,Ltd. announced that they will report Q3, 2025 results on Oct 29, 2025 Announcement • Jul 02
Sinostone(Guangdong) Co.,Ltd. to Report First Half, 2025 Results on Aug 30, 2025 Sinostone(Guangdong) Co.,Ltd. announced that they will report first half, 2025 results on Aug 30, 2025 Declared Dividend • May 25
Dividend reduced to CN¥0.10 Dividend of CN¥0.10 is 33% lower than last year. Ex-date: 29th May 2025 Payment date: 29th May 2025 Dividend yield will be 0.1%, which is lower than the industry average of 3.0%. Announcement • May 16
Sinostone(Guangdong) Co.,Ltd. Approves Cash Dividend for 2024 Sinostone(Guangdong) Co.,Ltd. at its Annual General Meeting held on 14 May 2025 approved cash dividend of CNY 1.00000000 per 10 shares (tax included) for 2024. Announcement • Apr 25
Sinostone(Guangdong) Co.,Ltd. Proposes Final Cash Dividend for the Year 2024 Sinostone(Guangdong) Co.,Ltd. announced on 24 April 2025 the profit distribution proposal for 2024 as follows: Cash dividend/10 shares (tax included): CNY 1.00000000. Reported Earnings • Apr 24
Full year 2024 earnings released: EPS: CN¥0.26 (vs CN¥0.67 in FY 2023) Full year 2024 results: EPS: CN¥0.26 (down from CN¥0.67 in FY 2023). Revenue: CN¥532.3m (down 23% from FY 2023). Net income: CN¥30.5m (down 62% from FY 2023). Profit margin: 5.7% (down from 12% in FY 2023). Over the last 3 years on average, earnings per share has fallen by 42% per year but the company’s share price has increased by 48% per year, which means it is well ahead of earnings. New Risk • Apr 24
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 24% 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: Major Risk Earnings have declined by 21% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (10% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (5.7% net profit margin). Announcement • Apr 24
Sinostone(Guangdong) Co.,Ltd., Annual General Meeting, May 14, 2025 Sinostone(Guangdong) Co.,Ltd., Annual General Meeting, May 14, 2025, at 14:00 China Standard Time. Location: The Company's Meeting Room, Foshan, Guangdong China New Risk • Apr 04
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 7.6% 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 18% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (7.6% average weekly change). Profit margins are more than 30% lower than last year (8.8% net profit margin). Valuation Update With 7 Day Price Move • Apr 01
Investor sentiment improves as stock rises 22% After last week's 22% share price gain to CN¥32.20, the stock trades at a trailing P/E ratio of 78.6x. Average trailing P/E is 27x in the Basic Materials industry in China. Total returns to shareholders of 39% over the past three years. Announcement • Mar 31
Sinostone(Guangdong) Co.,Ltd. to Report Q1, 2025 Results on Apr 26, 2025 Sinostone(Guangdong) Co.,Ltd. announced that they will report Q1, 2025 results on Apr 26, 2025 Valuation Update With 7 Day Price Move • Jan 03
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to CN¥20.98, the stock trades at a trailing P/E ratio of 51.2x. Average trailing P/E is 24x in the Basic Materials industry in China. Total loss to shareholders of 19% over the past three years. Announcement • Dec 31
Sinostone(Guangdong) Co.,Ltd. to Report Fiscal Year 2024 Results on Apr 24, 2025 Sinostone(Guangdong) Co.,Ltd. announced that they will report fiscal year 2024 results on Apr 24, 2025 New Risk • Nov 02
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: 8.8% Last year net profit margin: 13% 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 Earnings have declined by 17% per year over the past 5 years. Minor Risks Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (8.8% net profit margin). Reported Earnings • Nov 02
Third quarter 2024 earnings released: EPS: CN¥0.11 (vs CN¥0.24 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.11 (down from CN¥0.24 in 3Q 2023). Revenue: CN¥138.0m (down 34% from 3Q 2023). Net income: CN¥13.9m (down 52% from 3Q 2023). Profit margin: 10% (down from 14% in 3Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 42% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings. Announcement • Oct 17
Sinostone(Guangdong) Co.,Ltd. Approves the Election of Board of Directors Sinostone(Guangdong) Co.,Ltd. held its 5th Extraordinary General Meeting of 2024 on 15 October 2024, approved the appointment of Sun Liang as non-independent director, Xia Fubiao, Li Yue and Xiong Bin as independent director; She Qiulong as non-employee supervisor. Announcement • Sep 30
Sinostone(Guangdong) Co.,Ltd. to Report Q3, 2024 Results on Oct 31, 2024 Sinostone(Guangdong) Co.,Ltd. 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 19% After last week's 19% share price gain to CN¥21.70, the stock trades at a trailing P/E ratio of 39.5x. Average trailing P/E is 18x in the Basic Materials industry in China. Total loss to shareholders of 8.8% over the past three years. New Risk • Sep 13
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 8.6% 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 (8.6% average weekly change). Earnings have declined by 14% per year over the past 5 years. Minor Risk Paying a dividend despite having no free cash flows. Reported Earnings • Aug 30
Second quarter 2024 earnings released: EPS: CN¥0.079 (vs CN¥0.18 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.079 (down from CN¥0.18 in 2Q 2023). Revenue: CN¥125.7m (down 30% from 2Q 2023). Net income: CN¥9.17m (down 55% from 2Q 2023). Profit margin: 7.3% (down from 11% in 2Q 2023). The decrease in margin was driven by lower revenue. New Risk • Jul 25
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 Earnings have declined by 13% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (7.3% average weekly change). Valuation Update With 7 Day Price Move • Jul 23
Investor sentiment improves as stock rises 23% After last week's 23% share price gain to CN¥22.64, the stock trades at a trailing P/E ratio of 35.1x. Average trailing P/E is 16x in the Basic Materials industry in China. Total loss to shareholders of 13% over the past year. Announcement • Jun 29
Sinostone(Guangdong) Co.,Ltd. to Report First Half, 2024 Results on Aug 30, 2024 Sinostone(Guangdong) Co.,Ltd. announced that they will report first half, 2024 results on Aug 30, 2024 Declared Dividend • Jun 03
Dividend increased to CN¥0.15 Dividend of CN¥0.15 is 50% higher than last year. Ex-date: 7th June 2024 Payment date: 7th June 2024 Dividend yield will be 0.6%, which is lower than the industry average of 3.0%. Sustainability & Growth Dividend is covered by earnings (23% 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 36 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to decline by 74% to shift the payout ratio to a potentially unsustainable range, which is more than the 8.0% EPS decline seen over the last 5 years. Announcement • Jun 01
Sinostone(Guangdong) Co.,Ltd. Announces Final Dividend on A Shares for the Year 2023, Payable on 7 June 2024 Sinostone(Guangdong) Co.,Ltd. announced final cash dividend/10 shares (tax included) of CNY 1.50000000 on A shares for the year 2023. Record date is 6 June 2024. Ex-date is 7 June 2024. Payment date is 7 June 2024. Announcement • May 12
Sinostone(Guangdong) Co.,Ltd. Approves Cash Dividend for 2023 Sinostone(Guangdong) Co.,Ltd. at its annual general meeting held on May 9, 2024 approved 2023 cash dividend per 10 shares (tax included): CNY1.50000000. Reported Earnings • Apr 20
Full year 2023 earnings released: EPS: CN¥0.67 (vs CN¥0.73 in FY 2022) Full year 2023 results: EPS: CN¥0.67 (down from CN¥0.73 in FY 2022). Revenue: CN¥690.2m (up 5.1% from FY 2022). Net income: CN¥79.4m (down 7.7% from FY 2022). Profit margin: 12% (down from 13% in FY 2022). The decrease in margin was driven by higher expenses. Announcement • Apr 20
Sinostone(Guangdong) Co.,Ltd., Annual General Meeting, May 09, 2024 Sinostone(Guangdong) Co.,Ltd., Annual General Meeting, May 09, 2024, at 14:00 China Standard Time. Location: The Company's Meeting Room, Foshan, Guangdong China Valuation Update With 7 Day Price Move • Apr 16
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to CN¥26.47, the stock trades at a trailing P/E ratio of 35.9x. Average trailing P/E is 20x in the Basic Materials industry in China. Total loss to shareholders of 18% over the past year. Announcement • Mar 30
Sinostone(Guangdong) Co.,Ltd. to Report Q1, 2024 Results on Apr 30, 2024 Sinostone(Guangdong) Co.,Ltd. announced that they will report Q1, 2024 results on Apr 30, 2024 Valuation Update With 7 Day Price Move • Feb 06
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to CN¥24.29, the stock trades at a trailing P/E ratio of 33x. Average trailing P/E is 20x in the Basic Materials industry in China. Total loss to shareholders of 16% over the past year. New Risk • Jan 21
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 6.0% 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 Risks Earnings have declined by 3.8% per year over the past 5 years. High level of non-cash earnings (28% accrual ratio). Minor Risk Share price has been volatile over the past 3 months (6.0% average weekly change). Valuation Update With 7 Day Price Move • Jan 16
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to CN¥28.13, the stock trades at a trailing P/E ratio of 38.2x. Average trailing P/E is 26x in the Basic Materials industry in China. Total returns to shareholders of 3.2% over the past year. Valuation Update With 7 Day Price Move • Jan 16
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to CN¥28.13, the stock trades at a trailing P/E ratio of 38.2x. Average trailing P/E is 26x in the Basic Materials industry in China. Total returns to shareholders of 3.2% over the past year. Announcement • Dec 29
Sinostone(Guangdong) Co.,Ltd. to Report Fiscal Year 2023 Results on Apr 19, 2024 Sinostone(Guangdong) Co.,Ltd. announced that they will report fiscal year 2023 results on Apr 19, 2024 Reported Earnings • Oct 29
Third quarter 2023 earnings released Third quarter 2023 results: EPS: CN¥0.24. Net income: CN¥29.1m (up CN¥29.1m from 3Q 2022). Reported Earnings • Aug 11
Second quarter 2023 earnings released Second quarter 2023 results: EPS: CN¥0.18. Net income: CN¥20.4m (up CN¥20.4m from 2Q 2022). Announcement • Jul 01
Sinostone(Guangdong) Co.,Ltd. to Report First Half, 2023 Results on Aug 10, 2023 Sinostone(Guangdong) Co.,Ltd. announced that they will report first half, 2023 results on Aug 10, 2023 Announcement • Jun 13
Sinostone(Guangdong) Co.,Ltd. Announces Final Dividend on A Shares for the Year 2022, Payable on June 16, 2023 Sinostone(Guangdong) Co.,Ltd. announced final cash dividend/10 shares (tax included) of CNY 1.00000000 on A shares for the year 2022. Record date is June 15, 2023. Ex-date is May June 16, 2023. Payment date is June 16, 2023. Valuation Update With 7 Day Price Move • Mar 08
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥35.84, the stock trades at a trailing P/E ratio of 29.9x. Average trailing P/E is 21x in the Basic Materials industry in China. Total returns to shareholders of 28% over the past year. Valuation Update With 7 Day Price Move • Dec 20
Investor sentiment deteriorated over the past week After last week's 17% share price decline to CN¥27.75, the stock trades at a trailing P/E ratio of 23.2x. Average trailing P/E is 19x in the Basic Materials industry in China. Total returns to shareholders of 3.4% over the past year. 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. 4 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. Announcement • Jun 09
Sinostone(Guangdong) Co.,Ltd. Announces Cash Dividend of A Shares for the Year 2021, Payment Date Is 15 June 2022 Sinostone(Guangdong) Co.,Ltd. announced Cash dividend/10 shares (tax included) of CNY 3.00000000 of A shares for the year 2021. Record date is 14 June 2022. Ex-date is 15 June 2022. Payment date is 15 June 2022. Valuation Update With 7 Day Price Move • Jun 07
Investor sentiment improved over the past week After last week's 28% share price gain to CN¥46.50, the stock trades at a trailing P/E ratio of 30.9x. Average trailing P/E is 17x in the Basic Materials industry in China. Valuation Update With 7 Day Price Move • May 20
Investor sentiment improved over the past week After last week's 19% share price gain to CN¥29.88, the stock trades at a trailing P/E ratio of 19.8x. Average trailing P/E is 17x in the Basic Materials industry in China. Announcement • May 19
Sinostone(Guangdong) Co., Ltd. Approves Cash Dividend for 2021 Sinostone(Guangdong) Co., Ltd. approved cash dividend per 10 shares (tax included) of CNY 3.00000000 for 2021 at its annual general meeting held on 16 May 2022. Announcement • Apr 27
Sinostone(Guangdong) Co., Ltd. Proposes Final Cash Dividend for 2021 Sinostone(Guangdong) Co., Ltd. proposed final cash dividend per 10 shares (tax included) of CNY 3.00000000 for 2021. Buying Opportunity • Apr 21
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 17%. The fair value is estimated to be CN¥33.68, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.0% over the last year. Earnings per share has grown by 26%. Valuation Update With 7 Day Price Move • Mar 15
Investor sentiment deteriorated over the past week After last week's 16% share price decline to CN¥30.68, the stock trades at a trailing P/E ratio of 20.4x. Average trailing P/E is 19x in the Basic Materials industry in China.