Announcement • Apr 23
Hongbaoli Group Corporation, Ltd., Annual General Meeting, May 20, 2026 Hongbaoli Group Corporation, Ltd., Annual General Meeting, May 20, 2026, at 14:00 China Standard Time. Location: The Company's Meeting Room, Nanjing, Jiangsu China Reported Earnings • Apr 23
First quarter 2026 earnings released: CN¥0.03 loss per share (vs CN¥0.03 profit in 1Q 2025) First quarter 2026 results: CN¥0.03 loss per share (down from CN¥0.03 profit in 1Q 2025). Revenue: CN¥738.7m (up 13% from 1Q 2025). Net loss: CN¥24.0m (down 209% from profit in 1Q 2025). Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has only increased by 30% per year, which means it is significantly lagging earnings growth. Announcement • Mar 31
Hongbaoli Group Corporation, Ltd. to Report Q1, 2026 Results on Apr 23, 2026 Hongbaoli Group Corporation, Ltd. announced that they will report Q1, 2026 results on Apr 23, 2026 New Risk • Mar 03
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 10.0% 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 Interest payments are not well covered by earnings (0.7x net interest cover). Share price has been highly volatile over the past 3 months (10.0% average weekly change). Earnings have declined by 13% per year over the past 5 years. Minor Risks Paying a dividend despite having no free cash flows. Large one-off items impacting financial results. New Risk • Jan 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 7.5% 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 Interest payments are not well covered by earnings (0.7x net interest cover). Earnings have declined by 13% per year over the past 5 years. Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (7.5% average weekly change). Large one-off items impacting financial results. Announcement • Dec 31
Hongbaoli Group Corporation, Ltd. to Report Fiscal Year 2025 Results on Apr 23, 2026 Hongbaoli Group Corporation, Ltd. announced that they will report fiscal year 2025 results on Apr 23, 2026 Reported Earnings • Oct 25
Third quarter 2025 earnings released: EPS: CN¥0.022 (vs CN¥0.011 in 3Q 2024) Third quarter 2025 results: EPS: CN¥0.022 (up from CN¥0.011 in 3Q 2024). Revenue: CN¥728.9m (up 14% from 3Q 2024). Net income: CN¥13.1m (up 58% from 3Q 2024). Profit margin: 1.8% (up from 1.3% in 3Q 2024). Over the last 3 years on average, earnings per share has increased by 84% per year but the company’s share price has only increased by 25% per year, which means it is significantly lagging earnings growth. Announcement • Sep 30
Hongbaoli Group Corporation, Ltd. to Report Q3, 2025 Results on Oct 25, 2025 Hongbaoli Group Corporation, Ltd. announced that they will report Q3, 2025 results on Oct 25, 2025 Buy Or Sell Opportunity • Aug 28
Now 24% overvalued after recent price rise Over the last 90 days, the stock has risen 2.9% to CN¥10.03. The fair value is estimated to be CN¥8.09, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company has become profitable. Reported Earnings • Aug 23
Second quarter 2025 earnings released: EPS: CN¥0.003 (vs CN¥0.012 in 2Q 2024) Second quarter 2025 results: EPS: CN¥0.003 (down from CN¥0.012 in 2Q 2024). Revenue: CN¥591.4m (down 11% from 2Q 2024). Net income: CN¥2.39m (down 73% from 2Q 2024). Profit margin: 0.4% (down from 1.4% in 2Q 2024). Over the last 3 years on average, earnings per share has increased by 83% per year but the company’s share price has only increased by 27% per year, which means it is significantly lagging earnings growth. Announcement • Jul 02
Hongbaoli Group Corporation, Ltd. to Report First Half, 2025 Results on Aug 22, 2025 Hongbaoli Group Corporation, Ltd. announced that they will report first half, 2025 results on Aug 22, 2025 Announcement • May 22
Hongbaoli Group Corporation, Ltd. Approves Cash Dividend for the Year 2024 Hongbaoli Group Corporation, Ltd. announced that at the AGM held on 16 May 2025 approved Cash dividend/10 shares (tax included) of CNY 0.40000000 for 2024. New Risk • May 13
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 178% 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 Risks Interest payments are not well covered by earnings (0.7x net interest cover). Share price has been highly volatile over the past 3 months (12% average weekly change). Earnings have declined by 24% per year over the past 5 years. Minor Risks Dividend is not well covered by earnings (100% payout ratio). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.9% net profit margin). Announcement • Apr 25
Hongbaoli Group Corporation, Ltd. Proposes Final Cash Dividend for 2024 Hongbaoli Group Corporation, Ltd. announced on 23 April 2025 the final profit distribution proposal for 2024 as follows: Cash dividend/10 shares (tax included): CNY 0.40000000. New Risk • Apr 24
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: 1.9% Last year net profit margin: 3.3% 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 Debt is not well covered by operating cash flow (8.5% operating cash flow to total debt). Share price has been highly volatile over the past 3 months (11% average weekly change). Earnings have declined by 24% per year over the past 5 years. Minor Risk Profit margins are more than 30% lower than last year (1.9% net profit margin). Announcement • Apr 23
Hongbaoli Group Corporation, Ltd., Annual General Meeting, May 16, 2025 Hongbaoli Group Corporation, Ltd., Annual General Meeting, May 16, 2025, at 14:00 China Standard Time. Location: The Company's Meeting Room, Nanjing, Jiangsu China New Risk • Mar 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 8.1% 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 Interest payments are not well covered by earnings (1.7x net interest cover). Earnings have declined by 32% per year over the past 5 years. Minor Risks Dividend is not well covered by earnings (182% payout ratio). Share price has been volatile over the past 3 months (8.1% average weekly change). Large one-off items impacting financial results. Announcement • Mar 31
Hongbaoli Group Corporation, Ltd. to Report Q1, 2025 Results on Apr 23, 2025 Hongbaoli Group Corporation, Ltd. announced that they will report Q1, 2025 results on Apr 23, 2025 New Risk • Jan 14
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 9.2% 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 Risks Interest payments are not well covered by earnings (1.7x net interest cover). Earnings have declined by 32% per year over the past 5 years. Minor Risks Dividend is not well covered by earnings (182% payout ratio). Share price has been volatile over the past 3 months (9.2% average weekly change). Large one-off items impacting financial results. Announcement • Dec 31
Hongbaoli Group Corporation, Ltd. to Report Fiscal Year 2024 Results on Apr 23, 2025 Hongbaoli Group Corporation, Ltd. announced that they will report fiscal year 2024 results on Apr 23, 2025 Reported Earnings • Oct 26
Third quarter 2024 earnings released: EPS: CN¥0.011 (vs CN¥0.049 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.011 (down from CN¥0.049 in 3Q 2023). Revenue: CN¥640.6m (down 7.3% from 3Q 2023). Net income: CN¥8.28m (down 77% from 3Q 2023). Profit margin: 1.3% (down from 5.3% in 3Q 2023). Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has fallen by 20% per year, which means it is significantly lagging earnings. Announcement • Sep 30
Hongbaoli Group Corporation, Ltd. to Report Q3, 2024 Results on Oct 26, 2024 Hongbaoli Group Corporation, Ltd. announced that they will report Q3, 2024 results on Oct 26, 2024 Valuation Update With 7 Day Price Move • Sep 30
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to CN¥3.83, the stock trades at a trailing P/E ratio of 41.1x. Average trailing P/E is 30x in the Chemicals industry in China. Total loss to shareholders of 44% over the past three years. Upcoming Dividend • Sep 16
Upcoming dividend of CN¥0.03 per share Eligible shareholders must have bought the stock before 23 September 2024. Payment date: 23 September 2024. The company is paying out more than 100% of its profits and is cash flow negative. Trailing yield: 1.9%. Lower than top quartile of Chinese dividend payers (2.8%). Lower than average of industry peers (2.3%). New Risk • Sep 14
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 36% 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 Risks Interest payments are not well covered by earnings (2.0x net interest cover). Dividend is not well covered by earnings and cash flows. Payout ratio: 107% Paying a dividend despite having no free cash flows. Earnings have declined by 33% per year over the past 5 years. Minor Risk Large one-off items impacting financial results. Announcement • Aug 16
Hongbaoli Group Corporation, Ltd. Proposes Interim Dividend for the First Half of 2024 Hongbaoli Group Corporation, Ltd. proposed interim cash dividend of CNY 0.30000000 per 10 shares (tax included) for the first half of 2024. Reported Earnings • Aug 15
Second quarter 2024 earnings released: EPS: CN¥0.012 (vs CN¥0.035 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.012 (down from CN¥0.035 in 2Q 2023). Revenue: CN¥661.9m (up 9.6% from 2Q 2023). Net income: CN¥8.99m (down 68% from 2Q 2023). Profit margin: 1.4% (down from 4.6% 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 22% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings. Announcement • Jun 29
Hongbaoli Group Corporation, Ltd. to Report First Half, 2024 Results on Aug 15, 2024 Hongbaoli Group Corporation, Ltd. announced that they will report first half, 2024 results on Aug 15, 2024 Declared Dividend • Jun 05
Dividend increased to CN¥0.07 Dividend of CN¥0.07 is 75% higher than last year. Ex-date: 11th June 2024 Payment date: 11th June 2024 Dividend yield will be 2.1%, which is lower than the industry average of 2.6%. Sustainability & Growth Dividend is covered by earnings (60% 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 increased by an average of 1.5% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 8.8% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. New Risk • Jun 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 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 Risks Interest payments are not well covered by earnings (2.3x net interest cover). Earnings have declined by 36% per year over the past 5 years. Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (8.3% average weekly change). Announcement • Apr 21
Hongbaoli Group Corporation, Ltd., Annual General Meeting, May 13, 2024 Hongbaoli Group Corporation, Ltd., Annual General Meeting, May 13, 2024, at 14:00 China Standard Time. Location: The Company's Meeting Room, Nanjing, Jiangsu China Reported Earnings • Apr 20
First quarter 2024 earnings released: EPS: CN¥0.04 (vs CN¥0.03 loss in 1Q 2023) First quarter 2024 results: EPS: CN¥0.04 (up from CN¥0.03 loss in 1Q 2023). Revenue: CN¥597.2m (up 6.3% from 1Q 2023). Net income: CN¥28.8m (up CN¥48.9m from 1Q 2023). Profit margin: 4.8% (up from net loss in 1Q 2023). Over the last 3 years on average, earnings per share has fallen by 61% per year but the company’s share price has only fallen by 13% per year, which means it has not declined as severely as earnings. Announcement • Mar 30
Hongbaoli Group Corporation, Ltd. to Report Q1, 2024 Results on Apr 20, 2024 Hongbaoli Group Corporation, Ltd. announced that they will report Q1, 2024 results on Apr 20, 2024 Announcement • Dec 30
Hongbaoli Group Corporation, Ltd. to Report Fiscal Year 2023 Results on Apr 20, 2024 Hongbaoli Group Corporation, Ltd. announced that they will report fiscal year 2023 results on Apr 20, 2024 Reported Earnings • Oct 26
Third quarter 2023 earnings released: EPS: CN¥0.049 (vs CN¥0.001 in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.049 (up from CN¥0.001 in 3Q 2022). Revenue: CN¥690.9m (up 23% from 3Q 2022). Net income: CN¥36.4m (up CN¥35.5m from 3Q 2022). Profit margin: 5.3% (up from 0.2% in 3Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 98 percentage points per year, which is a significant difference in performance. Reported Earnings • Aug 10
Second quarter 2023 earnings released: EPS: CN¥0.035 (vs CN¥0.038 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.035. Revenue: CN¥603.6m (down 2.2% from 2Q 2022). Net income: CN¥27.7m (up 4.1% from 2Q 2022). Profit margin: 4.6% (up from 4.3% in 2Q 2022). The increase in margin was driven by lower expenses. Announcement • Jul 01
Hongbaoli Group Corporation, Ltd. to Report First Half, 2023 Results on Aug 10, 2023 Hongbaoli Group Corporation, Ltd. announced that they will report first half, 2023 results on Aug 10, 2023 New Risk • Jun 14
New minor risk - Dividend sustainability The dividend is not well covered by earnings. The company is paying a dividend despite being loss-making. Dividend yield: 1.0% This is considered a minor risk. Companies that pay out too much of their earnings are at risk of having to reduce or cut their dividend in future. If earnings growth slows or earnings fall, then there may not be enough earnings 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. However, this risk is mitigated by the fact the dividend is covered by cash flows. 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 Risks Debt is not well covered by operating cash flow (19% operating cash flow to total debt). Earnings have declined by 22% per year over the past 5 years. Minor Risk Paying a dividend despite being loss-making. Announcement • Jun 08
Hongbaoli Group Corporation, Ltd. Announces to Implement Final Cash Distribution Plan for 2022, Payable on 13 June 2023 Hongbaoli Group Corporation, Ltd. announced 2022 final distribution plans for (A shares). The company announced cash dividend of CNY 0.40000000 per 10 shares. Record date: 12 June 2023. Ex-date: 13 June 2023. Payment date: 13 June 2023. Reported Earnings • Apr 22
First quarter 2023 earnings released: CN¥0.03 loss per share (vs CN¥0.04 loss in 1Q 2022) First quarter 2023 results: CN¥0.03 loss per share (improved from CN¥0.04 loss in 1Q 2022). Revenue: CN¥561.8m (down 21% from 1Q 2022). Net loss: CN¥20.1m (loss narrowed 35% from 1Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 80 percentage points per year, which is a significant difference in performance. Reported Earnings • Oct 26
Third quarter 2022 earnings released: EPS: CN¥0.001 (vs CN¥0.019 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.001 (down from CN¥0.019 in 3Q 2021). Revenue: CN¥560.8m (down 35% from 3Q 2021). Net income: CN¥931.6k (down 91% from 3Q 2021). Profit margin: 0.2% (down from 1.2% in 3Q 2021). Over the last 3 years on average, earnings per share has fallen by 52% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings. Reported Earnings • Aug 28
Second quarter 2022 earnings released: EPS: CN¥0.038 (vs CN¥0.008 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.038 (up from CN¥0.008 in 2Q 2021). Revenue: CN¥617.4m (down 32% from 2Q 2021). Net income: CN¥26.7m (up 448% from 2Q 2021). Profit margin: 4.3% (up from 0.5% in 2Q 2021). Over the last 3 years on average, earnings per share has fallen by 32% per year but the company’s share price has remained flat, which means it is well ahead of earnings. Announcement • Aug 09
Hongbaoli Group Corporation, Ltd. Announces Management Changes Hongbaoli Group Corporation, Ltd. announced that at the Extraordinary General Meeting of 2022 held on 05 August 2022 elected Rui Yihua and Chen Hongming as non-independent directors, elected Yu Xinping and Li Dong as independent directors and elected Zhang Shu as supervisor. Announcement • Jun 18
Hongbaoli Group Corporation, Ltd. Implements Final Profit Distribution Plan for 2021, Payable on June 23, 2022 Hongbaoli Group Corporation, Ltd. announced 2021 final profit distribution plan to be implemented (A shares) as Cash dividend/10 shares (tax included) CNY 0.30000000. Record date is 22 June 2022, Ex-date is 23 June 2022, Payment date is 23 June 2022. Announcement • May 18
Hongbaoli Group Corporation, Ltd. Approves Profit Distribution Plan for 2021 Hongbaoli Group Corporation, Ltd. announced that at the Annual General Meeting held on 13 May 2022, approved cash dividend (tax included) of CNY 0.30000000 per ten shares. Board Change • Apr 27
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 3 experienced directors. 7 highly experienced directors. 3 independent directors (6 non-independent directors). Independent Director Mifen Cui was the last independent director to join the board, commencing their role in 2016. 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 • Apr 17
First quarter 2022 earnings released: CN¥0.04 loss per share (vs CN¥0.04 profit in 1Q 2021) First quarter 2022 results: CN¥0.04 loss per share (down from CN¥0.04 profit in 1Q 2021). Revenue: CN¥713.7m (down 14% from 1Q 2021). Net loss: CN¥30.7m (down 213% from profit in 1Q 2021). Over the last 3 years on average, earnings per share has fallen by 12% 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. Valuation Update With 7 Day Price Move • Mar 22
Investor sentiment improved over the past week After last week's 21% share price gain to CN¥5.19, the stock trades at a trailing P/E ratio of 42.4x. Average trailing P/E is 30x in the Chemicals industry in China. Total returns to shareholders of 11% over the past three years. Valuation Update With 7 Day Price Move • Oct 01
Investor sentiment deteriorated over the past week After last week's 19% share price decline to CN¥7.26, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 19x in the Chemicals industry in China. Total returns to shareholders of 91% over the past three years. Valuation Update With 7 Day Price Move • Sep 08
Investor sentiment improved over the past week After last week's 17% share price gain to CN¥5.65, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 21x in the Chemicals industry in China. Total returns to shareholders of 49% over the past three years. Reported Earnings • Aug 25
Second quarter 2021 earnings released: EPS CN¥0.008 (vs CN¥0.051 in 2Q 2020) The company reported a mediocre second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2021 results: Revenue: CN¥902.7m (up 82% from 2Q 2020). Net income: CN¥4.86m (down 82% from 2Q 2020). Profit margin: 0.5% (down from 5.4% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 50% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Apr 27
Investor sentiment deteriorated over the past week After last week's 16% share price decline to CN¥4.92, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 20x in the Chemicals industry in China. Total returns to shareholders of 10.0% over the past three years. Reported Earnings • Apr 25
First quarter 2021 earnings released: EPS CN¥0.04 (vs CN¥0.04 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¥834.6m (up 76% from 1Q 2020). Net income: CN¥27.1m (up 8.9% from 1Q 2020). Profit margin: 3.2% (down from 5.3% in 1Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 59% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. Announcement • Mar 09
Hongbaoli Group Corporation, Ltd. to Report Fiscal Year 2020 Results on Apr 21, 2021 Hongbaoli Group Corporation, Ltd. announced that they will report fiscal year 2020 results on Apr 21, 2021 Reported Earnings • Mar 04
Full year 2020 earnings released: EPS CN¥0.21 (vs CN¥0.15 in FY 2019) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: CN¥2.59b (up 8.8% from FY 2019). Net income: CN¥123.8m (up 39% from FY 2019). Profit margin: 4.8% (up from 3.7% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 58% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Feb 24
Investor sentiment improved over the past week After last week's 16% share price gain to CN¥5.78, the stock is trading at a trailing P/E ratio of 36.1x, up from the previous P/E ratio of 31.1x. This compares to an average P/E of 38x in the Chemicals industry in China. Total returns to shareholders over the past three years are 13%. Is New 90 Day High Low • Jan 26
New 90-day low: CN¥5.15 The company is down 8.0% from its price of CN¥5.62 on 28 October 2020. The Chinese market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 24% over the same period. Valuation Update With 7 Day Price Move • Nov 20
Market bids up stock over the past week After last week's 16% share price gain to CN¥6.26, the stock is trading at a trailing P/E ratio of 39.1x, up from the previous P/E ratio of 33.7x. This compares to an average P/E of 39x in the Chemicals industry in China. Total returns to shareholders over the past three years are 5.8%. Is New 90 Day High Low • Oct 30
New 90-day low: CN¥5.29 The company is down 7.0% from its price of CN¥5.69 on 31 July 2020. The Chinese market is down 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 2.0% over the same period. Reported Earnings • Oct 30
Third quarter earnings released Over the last 12 months the company has reported total profits of CN¥96.2m, up 36% from the prior year. Total revenue was CN¥2.20b over the last 12 months, down 7.6% from the prior year. Announcement • Sep 05
Hongbaoli Group Corporation, Ltd. announced that it expects to receive CNY 508.8688 million in funding Hongbaoli Group Corporation, Ltd. (SZSE:002165) announced a private placement of not more than 180,617,433 common shares for gross proceeds of no more than CNY 508,868,800 on September 2, 2020. The company will issue shares at a price of not lower than 80% of the median market price of the company’s shares as of 20 previous days to issuance date. The transaction will include participation from no more than 35 specific investors. The transaction has been approved by the board of directors of the company at its eighth meeting of the ninth board of directors and the eighth meeting of the ninth board of supervisors. The transaction is subject to approval from company’s shareholders meeting and China Securities Regulatory Commission. The shares issued are subject to a hold period of 6 months from the date of issuance. Announcement • Jul 18
Hongbaoli Group Corporation, Ltd. to Report First Half, 2020 Results on Jul 30, 2020 Hongbaoli Group Corporation, Ltd. announced that they will report first half, 2020 results on Jul 30, 2020