Valuation Update With 7 Day Price Move • Jul 17
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to CN¥7.51, the stock trades at a trailing P/E ratio of 54.5x. Average trailing P/E is 43x in the Chemicals industry in China. Total loss to shareholders of 24% over the past three years. Announcement • Jun 30
Jiangsu Jiuding New Material Co., Ltd. to Report First Half, 2026 Results on Aug 21, 2026 Jiangsu Jiuding New Material Co., Ltd. announced that they will report first half, 2026 results on Aug 21, 2026 Valuation Update With 7 Day Price Move • Jun 29
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to CN¥10.79, the stock trades at a trailing P/E ratio of 78.3x. Average trailing P/E is 50x in the Chemicals industry in China. Total returns to shareholders of 13% over the past three years. Reported Earnings • Apr 21
Full year 2025 earnings released: EPS: CN¥0.14 (vs CN¥0.05 in FY 2024) Full year 2025 results: EPS: CN¥0.14 (up from CN¥0.05 in FY 2024). Revenue: CN¥1.80b (up 26% from FY 2024). Net income: CN¥90.6m (up 207% from FY 2024). Profit margin: 5.0% (up from 2.1% in FY 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth. Announcement • Apr 21
Jiangsu Jiuding New Material Co., Ltd., Annual General Meeting, May 12, 2026 Jiangsu Jiuding New Material Co., Ltd., Annual General Meeting, May 12, 2026, at 14:00 China Standard Time. Location: The Company's Meeting Room, Rugao, Jiangsu China Announcement • Mar 31
Jiangsu Jiuding New Material Co., Ltd. to Report Q1, 2026 Results on Apr 28, 2026 Jiangsu Jiuding New Material Co., Ltd. announced that they will report Q1, 2026 results on Apr 28, 2026 Announcement • Dec 31
Jiangsu Jiuding New Material Co., Ltd. to Report Fiscal Year 2025 Results on Apr 21, 2026 Jiangsu Jiuding New Material Co., Ltd. announced that they will report fiscal year 2025 results on Apr 21, 2026 New Risk • Dec 26
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: Minor Risks Share price has been volatile over the past 3 months (7.3% average weekly change). Large one-off items impacting financial results. New Risk • Oct 29
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 25% 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. This is currently the only risk that has been identified for the company. Reported Earnings • Oct 29
Third quarter 2025 earnings released: EPS: CN¥0.048 (vs CN¥0.014 in 3Q 2024) Third quarter 2025 results: EPS: CN¥0.048 (up from CN¥0.014 in 3Q 2024). Revenue: CN¥505.2m (up 54% from 3Q 2024). Net income: CN¥31.2m (up 251% from 3Q 2024). Profit margin: 6.2% (up from 2.7% in 3Q 2024). Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has fallen by 16% per year, which means it is significantly lagging earnings. Announcement • Sep 30
Jiangsu Jiuding New Material Co., Ltd. to Report Q3, 2025 Results on Oct 29, 2025 Jiangsu Jiuding New Material Co., Ltd. announced that they will report Q3, 2025 results on Oct 29, 2025 Announcement • Jul 02
Jiangsu Jiuding New Material Co., Ltd. to Report First Half, 2025 Results on Aug 28, 2025 Jiangsu Jiuding New Material Co., Ltd. announced that they will report first half, 2025 results on Aug 28, 2025 New Risk • May 24
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 8.5% 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 Risk Earnings have declined by 0.8% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (8.5% average weekly change). Large one-off items impacting financial results. New Risk • May 06
New major risk - Revenue and earnings growth Earnings have declined by 0.8% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 0.8% per year over the past 5 years. Minor Risk Large one-off items impacting financial results. Reported Earnings • Apr 23
Full year 2024 earnings released: EPS: CN¥0.05 (vs CN¥0.06 in FY 2023) Full year 2024 results: EPS: CN¥0.05 (down from CN¥0.06 in FY 2023). Revenue: CN¥1.42b (down 17% from FY 2023). Net income: CN¥29.5m (down 24% from FY 2023). Profit margin: 2.1% (down from 2.3% in FY 2023). Over the last 3 years on average, earnings per share has fallen by 2% per year whereas the company’s share price has fallen by 5% per year. Announcement • Apr 23
Jiangsu Jiuding New Material Co., Ltd. Proposes Final Cash Dividend for 2024 Jiangsu Amer New Material Co., Ltd. announced final cash profit distribution proposal of CNY 0.14000000 per ten shares (tax included) for the year 2024. Announcement • Apr 22
Jiangsu Jiuding New Material Co., Ltd., Annual General Meeting, May 15, 2025 Jiangsu Jiuding New Material Co., Ltd., Annual General Meeting, May 15, 2025, at 14:00 China Standard Time. Location: The Company's Meeting Room, Rugao, Jiangsu China Announcement • Mar 31
Jiangsu Jiuding New Material Co., Ltd. to Report Q1, 2025 Results on Apr 30, 2025 Jiangsu Jiuding New Material Co., Ltd. announced that they will report Q1, 2025 results on Apr 30, 2025 New Risk • Feb 26
New major risk - Financial position The company's interest payments are not well covered by earnings. Net interest cover: 2.4x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. This is currently the only risk that has been identified for the company. Reported Earnings • Feb 25
Full year 2024 earnings released: EPS: CN¥0.05 (vs CN¥0.06 in FY 2023) Full year 2024 results: EPS: CN¥0.05 (down from CN¥0.06 in FY 2023). Revenue: CN¥1.35b (down 22% from FY 2023). Net income: CN¥32.6m (down 16% from FY 2023). Profit margin: 2.4% (up from 2.3% in FY 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has fallen by 26% per year, which means it is performing significantly worse than earnings. Announcement • Dec 31
Jiangsu AMER New Material Co., Ltd. to Report Fiscal Year 2024 Results on Apr 22, 2025 Jiangsu AMER New Material Co., Ltd. announced that they will report fiscal year 2024 results on Apr 22, 2025 Announcement • Nov 27
Jiangsu AMER New Material Co., Ltd. Approves Board Elections Jiangsu AMER New Material Co., Ltd. at its Extraordinary General Meeting held on 25 November 2024 approved the election of Gu Qingbo, Feng Yongzhao, Wang Hao and Wang Xiang as non-independent director. The company approved the election of Gu Zhengfen and Yu Shoufu as independent director. The company approved the election of Yang Guoqiang as non-employee supervisor. Reported Earnings • Oct 30
Third quarter 2024 earnings released: EPS: CN¥0.014 (vs CN¥0.014 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.014 (in line with 3Q 2023). Revenue: CN¥328.0m (down 1.1% from 3Q 2023). Net income: CN¥8.91m (up 1.3% from 3Q 2023). Profit margin: 2.7% (in line with 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has fallen by 31% per year, which means it is performing significantly worse than earnings. 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¥4.59, the stock trades at a trailing P/E ratio of 74x. Average trailing P/E is 31x in the Chemicals industry in China. Total loss to shareholders of 74% over the past three years. Announcement • Sep 30
Jiangsu AMER New Material Co., Ltd. to Report Q3, 2024 Results on Oct 28, 2024 Jiangsu AMER New Material Co., Ltd. announced that they will report Q3, 2024 results on Oct 28, 2024 Valuation Update With 7 Day Price Move • Sep 30
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to CN¥4.57, the stock trades at a trailing P/E ratio of 73.7x. Average trailing P/E is 30x in the Chemicals industry in China. Total loss to shareholders of 71% over the past three years. New Risk • Aug 31
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 21% 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. This is currently the only risk that has been identified for the company. New Risk • Aug 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 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 Debt is not well covered by operating cash flow (15% operating cash flow to total debt). Minor Risk Share price has been volatile over the past 3 months (7.3% average weekly change). Announcement • Jul 19
Jiangsu Amer New Material Co., Ltd. Announces Final Cash Dividend on A Shares for the Year 2023, Payable on July 26, 2024 Jiangsu Amer New Material Co., Ltd. announced final cash dividend of CNY 0.05 per 10 shares on A shares for the year 2023. Record date is July 25, 2024, Ex-Date is July 26, 2024 and Payment Date is July 26, 2024. Announcement • Jun 29
Jiangsu AMER New Material Co., Ltd. to Report First Half, 2024 Results on Aug 24, 2024 Jiangsu AMER New Material Co., Ltd. announced that they will report first half, 2024 results on Aug 24, 2024 Announcement • Apr 23
Jiangsu AMER New Material Co., Ltd., Annual General Meeting, May 27, 2024 Jiangsu AMER New Material Co., Ltd., Annual General Meeting, May 27, 2024, at 14:00 China Standard Time. Location: The Company's Meeting Room, Rugao, Jiangsu China Announcement • Mar 30
Jiangsu AMER New Material Co., Ltd. to Report Q1, 2024 Results on Apr 30, 2024 Jiangsu AMER New Material Co., Ltd. announced that they will report Q1, 2024 results on Apr 30, 2024 Reported Earnings • Mar 28
Full year 2023 earnings released: EPS: CN¥0.06 (vs CN¥0.056 in FY 2022) Full year 2023 results: EPS: CN¥0.06 (up from CN¥0.056 in FY 2022). Revenue: CN¥1.72b (up 19% from FY 2022). Net income: CN¥38.2m (up 5.5% from FY 2022). Profit margin: 2.2% (down from 2.5% in FY 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has remained flat, which means it is well ahead of earnings. Board Change • Mar 01
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. 10 experienced directors. No highly experienced directors. Non-Independent Director Jiantao Zhang was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Announcement • Dec 30
Jiangsu AMER New Material Co., Ltd. to Report Fiscal Year 2023 Results on Apr 23, 2024 Jiangsu AMER New Material Co., Ltd. announced that they will report fiscal year 2023 results on Apr 23, 2024 New Risk • Nov 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 6.3% 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 Interest payments are not well covered by earnings (2.4x net interest cover). Minor Risks Share price has been volatile over the past 3 months (6.3% average weekly change). Large one-off items impacting financial results. New Risk • Oct 31
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 23% 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 Interest payments are not well covered by earnings (2.4x net interest cover). Minor Risk Large one-off items impacting financial results. Reported Earnings • Oct 27
Third quarter 2023 earnings released: EPS: CN¥0.014 (vs CN¥0.009 in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.014 (up from CN¥0.009 in 3Q 2022). Revenue: CN¥331.6m (up 3.1% from 3Q 2022). Net income: CN¥8.79m (up 51% from 3Q 2022). Profit margin: 2.7% (up from 1.8% in 3Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings. New Risk • Aug 29
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 40% 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 Interest payments are not well covered by earnings (1.9x net interest cover). Minor Risk Large one-off items impacting financial results. Reported Earnings • Aug 24
Second quarter 2023 earnings released: EPS: CN¥0.012 (vs CN¥0.02 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.012 (down from CN¥0.02 in 2Q 2022). Revenue: CN¥575.7m (up 58% from 2Q 2022). Net income: CN¥8.11m (down 32% from 2Q 2022). Profit margin: 1.4% (down from 3.3% in 2Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings. Announcement • Jun 15
Jiangsu Amer New Material Co., Ltd. Announces Final Cash Dividend on A Shares for the Year 2022, Payable on June 26, 2023 Jiangsu Amer New Material Co., Ltd. announced final cash dividend of CNY 0.05 per 10 shares on A shares for the year 2022. Record date is June 21, 2023, Ex-Date is June 26, 2023 and Payment Date is June 26, 2023. Announcement • May 26
Jiangsu Amer New Material Co., Ltd. Approves Final Profit Distribution for the Year 2022 Jiangsu Amer New Material Co., Ltd. announced result of Annual General Meeting of 2022 on 22 May 2023, approved the final profit distribution proposal of CNY 0.05000000 per ten shares (tax included) for the year 2022. Reported Earnings • Apr 30
First quarter 2023 earnings released: EPS: CN¥0.013 (vs CN¥0.014 in 1Q 2022) First quarter 2023 results: EPS: CN¥0.013 (down from CN¥0.014 in 1Q 2022). Revenue: CN¥331.5m (up 3.2% from 1Q 2022). Net income: CN¥8.33m (down 19% from 1Q 2022). Profit margin: 2.5% (down from 3.2% in 1Q 2022). Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has increased by 13% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Oct 28
Third quarter 2022 earnings released: EPS: CN¥0.009 (vs CN¥0.01 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.009 (down from CN¥0.01 in 3Q 2021). Revenue: CN¥321.5m (down 12% from 3Q 2021). Net income: CN¥5.82m (down 12% from 3Q 2021). Profit margin: 1.8% (in line with 3Q 2021). Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth. Reported Earnings • Aug 24
Second quarter 2022 earnings released: EPS: CN¥0.057 (vs CN¥0.022 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.057. Revenue: CN¥363.6m (down 2.9% from 2Q 2021). Net income: CN¥12.0m (down 16% from 2Q 2021). Profit margin: 3.3% (down from 3.8% in 2Q 2021). The decrease in margin was driven by lower revenue. Announcement • Jul 02
Jiangsu Amer New Material Co., Ltd. Announces 2021 Final Profit Distribution Plan to Be Implemented (A Shares), Payment Date: 06 July 2022 Jiangsu Amer New Material Co., Ltd. announced 2021 final profit distribution plan to be implemented (A shares): 1. Cash dividend/10 shares (tax included): CNY 0.17000000. 2. Bonus issue from profit (share/10 shares): none. 3. Bonus issue from capital reserve (share/10 shares): 4.000000. Record date: 05 July 2022, Ex-date: 06 July 2022, Payment date: 06 July 2022 Listing date of the bonus issues: 06 July 2022. 10% withholding tax on cash dividend will be deducted in CNY within the cash dividend receivable. Please refer to below details: Tax on cash dividend/10 shares: CNY0.01700000(10% x CNY0.17000000) Net cash dividend/10 shares after tax: CNY0.15300000 (CNY 0.17000000- CNY 0.01700000). Announcement • May 24
Jiangsu Amer New Material Co., Ltd. Approves Cash Dividend for 2021 Jiangsu Amer New Material Co., Ltd. at the AGM held on May 20, 2022, approved Cash dividend per 10 shares (tax included) of CNY 0.17000000 for 2021. Announcement • May 08
Jiangsu Amer New Material Co., Ltd. Proposes Final Dividend for 2021 Jiangsu Amer New Material Co., Ltd. announced on 05 May 2022 the profit distribution proposal for 2021 as Cash dividend of CNY 0.17000000 per 10 shares (tax included). Announcement • May 07
Jiangsu Amer New Material Co., Ltd., Annual General Meeting, May 20, 2022 Jiangsu Amer New Material Co., Ltd., Annual General Meeting, May 20, 2022, at 14:30 China Standard Time. Agenda: To consider 2021 work report of the board of directors; to consider 2021 work report of the board of directors; to consider 2021 work report of the supervisory committee; to consider 2021 annual report and its summary; to consider 2021 profit distribution plan; and to consider other matters. Reported Earnings • May 02
Full year 2021 earnings released: EPS: CN¥0.09 (vs CN¥0.074 in FY 2020) Full year 2021 results: EPS: CN¥0.09 (up from CN¥0.074 in FY 2020). Revenue: CN¥1.50b (down 10% from FY 2020). Net income: CN¥41.3m (up 20% from FY 2020). Profit margin: 2.8% (up from 2.1% in FY 2020). Over the last 3 years on average, earnings per share has increased by 36% per year whereas the company’s share price has increased by 39% per year. Reported Earnings • Mar 02
Full year 2021 earnings: EPS in line with expectations, revenues disappoint Full year 2021 results: EPS: CN¥0.09 (up from CN¥0.074 in FY 2020). Revenue: CN¥1.50b (down 10% from FY 2020). Net income: CN¥41.5m (up 20% from FY 2020). Profit margin: 2.8% (up from 2.1% in FY 2020). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 15%. Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has increased by 51% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Oct 28
Third quarter 2021 earnings released: EPS CN¥0.014 (vs CN¥0.003 in 3Q 2020) The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2021 results: Revenue: CN¥366.6m (down 31% from 3Q 2020). Net income: CN¥6.62m (up 316% from 3Q 2020). Profit margin: 1.8% (up from 0.3% in 3Q 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 50% per year but the company’s share price has increased by 72% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Aug 29
Second quarter 2021 earnings released: EPS CN¥0.031 (vs CN¥0.017 in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CN¥374.3m (up 25% from 2Q 2020). Net income: CN¥14.3m (up 87% from 2Q 2020). Profit margin: 3.8% (up from 2.6% in 2Q 2020). Over the last 3 years on average, earnings per share has increased by 59% per year but the company’s share price has increased by 87% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Jul 23
Jiangsu Jiuding New Material Co., Ltd. (SZSE:002201) and Shenzhen Zhengwei Financial Holdings Co., Ltd. signed a equity acquisition intent agreement to acquire 51% stake in Tongchuan Jiufang Xunda Microwave System Co., Ltd. and Sinotekco Microwave System Co., Ltd. from Arralis Technology Company Limited. Jiangsu Jiuding New Material Co., Ltd. (SZSE:002201) and Shenzhen Zhengwei Financial Holdings Co., Ltd. signed a equity acquisition intent agreement to acquire 51% stake in Tongchuan Jiufang Xunda Microwave System Co., Ltd. and Sinotekco Microwave System Co., Ltd. from Arralis Technology Company Limited on July 20, 2021. The consideration shall be paid in cash. The transaction was approved by the board of Jiangsu Jiuding New Material Co., Ltd. on July 20, 2021 at 1st session of 10th directorate. The transaction shall be subject to the formal equity transfer agreement. Announcement • May 25
Jiangsu Jiuding New Material Co., Ltd. Announces Profit Distribution Proposal for 2020 Jiangsu Jiuding New Material Co., Ltd., at its AGM held on May 21, 2021, announced profit distribution proposal for 2020 of CNY 0.11000000 per 10 shares (tax included). Announcement • Apr 29
Jiangsu Jiuding New Material Co., Ltd. Announce Profit Distribution Proposal for 2020 Jiangsu Jiuding New Material Co., Ltd. announced on 28 April 2021 the profit distribution proposal for 2020 as follows: Cash dividend of CNY 0.11000000 per 10 shares (tax included). Reported Earnings • Apr 29
First quarter 2021 earnings released: EPS CN¥0.035 (vs CN¥0.006 in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: CN¥293.9m (up 61% from 1Q 2020). Net income: CN¥11.6m (up CN¥9.72m from 1Q 2020). Profit margin: 3.9% (up from 1.0% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 66% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth. Reported Earnings • Mar 04
Full year 2020 earnings released: EPS CN¥0.10 (vs CN¥0.08 in FY 2019) The company reported a solid full year result with improved earnings and revenues, although profit margins were weaker. Full year 2020 results: Revenue: CN¥1.67b (up 70% from FY 2019). Net income: CN¥34.2m (up 22% from FY 2019). Profit margin: 2.1% (down from 2.8% in FY 2019). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 76% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth. Announcement • Feb 27
Jiangsu Jiuding New Material Co., Ltd. Approves Board Appointments Jiangsu Jiuding New Material Co., Ltd. at its 1st Extraordinary General Meeting of 2021 held on 25 February 2021, approved the election of Zhang Jiantao and Cao Yawei as non-independent directors; Jiang Lin as independent director and Yu Zeyuan as shareholder supervisor. Is New 90 Day High Low • Feb 05
New 90-day low: CN¥10.17 The company is down 28% from its price of CN¥14.15 on 06 November 2020. The Chinese market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 20% over the same period. Is New 90 Day High Low • Dec 28
New 90-day low: CN¥12.12 The company is down 19% from its price of CN¥14.88 on 29 September 2020. The Chinese market is up 6.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 14% over the same period. Is New 90 Day High Low • Dec 12
New 90-day low: CN¥13.42 The company is down 4.0% from its price of CN¥14.05 on 11 September 2020. The Chinese market is up 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 9.0% over the same period. Reported Earnings • Oct 25
Third quarter earnings released Over the last 12 months the company has reported total profits of CN¥34.0m, up 107% from the prior year. Total revenue was CN¥1.32b over the last 12 months, up 30% from the prior year. Announcement • Oct 17
Jiangsu Jiuding New Material Co., Ltd. to Report Q3, 2020 Results on Oct 24, 2020 Jiangsu Jiuding New Material Co., Ltd. announced that they will report Q3, 2020 results on Oct 24, 2020 Announcement • Aug 07
Jiangsu Jiuding New Material Co., Ltd. to Report First Half, 2020 Results on Aug 26, 2020 Jiangsu Jiuding New Material Co., Ltd. announced that they will report first half, 2020 results on Aug 26, 2020 
