Announcement • Jun 30
Baoding Technology Co., Ltd. to Report First Half, 2026 Results on Aug 22, 2026 Baoding Technology Co., Ltd. announced that they will report first half, 2026 results on Aug 22, 2026 Valuation Update With 7 Day Price Move • May 08
Investor sentiment improves as stock rises 25% After last week's 25% share price gain to CN¥27.65, the stock trades at a trailing P/E ratio of 62.3x. Average trailing P/E is 42x in the Metals and Mining industry in China. Total returns to shareholders of 53% over the past three years. Reported Earnings • Apr 28
First quarter 2026 earnings released: EPS: CN¥0.17 (vs CN¥0.04 in 1Q 2025) First quarter 2026 results: EPS: CN¥0.17 (up from CN¥0.04 in 1Q 2025). Revenue: CN¥969.7m (up 42% from 1Q 2025). Net income: CN¥66.0m (up 268% from 1Q 2025). Profit margin: 6.8% (up from 2.6% in 1Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 8% per year whereas the company’s share price has increased by 6% per year. New Risk • Apr 16
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 Risk Debt is not well covered by operating cash flow (11% operating cash flow to total debt). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (8.1% average weekly change). Profit margins are more than 30% lower than last year (3.9% net profit margin). Valuation Update With 7 Day Price Move • Apr 10
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to CN¥18.42, the stock trades at a trailing P/E ratio of 57.5x. Average trailing P/E is 42x in the Metals and Mining industry in China. Total returns to shareholders of 1.9% over the past three years. Announcement • Mar 31
Baoding Technology Co., Ltd. to Report Q1, 2026 Results on Apr 28, 2026 Baoding Technology Co., Ltd. announced that they will report Q1, 2026 results on Apr 28, 2026 New Risk • Mar 21
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: 3.9% Last year net profit margin: 8.6% 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 Debt is not well covered by operating cash flow (11% operating cash flow to total debt). Minor Risks Dividend is not well covered by cash flows (132% cash payout ratio). Profit margins are more than 30% lower than last year (3.9% net profit margin). Reported Earnings • Mar 21
Full year 2025 earnings released: EPS: CN¥0.31 (vs CN¥0.59 in FY 2024) Full year 2025 results: EPS: CN¥0.31 (down from CN¥0.59 in FY 2024). Revenue: CN¥3.15b (up 8.7% from FY 2024). Net income: CN¥124.2m (down 50% from FY 2024). Profit margin: 3.9% (down from 8.6% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Announcement • Mar 20
Baoding Technology Co., Ltd., Annual General Meeting, Apr 15, 2026 Baoding Technology Co., Ltd., Annual General Meeting, Apr 15, 2026, at 14:30 China Standard Time. Location: The Company's Meeting Room, Hangzhou, Zhejiang China Announcement • Dec 31
Baoding Technology Co., Ltd. to Report Fiscal Year 2025 Results on Mar 21, 2026 Baoding Technology Co., Ltd. announced that they will report fiscal year 2025 results on Mar 21, 2026 Board Change • Dec 12
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Linhua Shen was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Declared Dividend • Nov 03
Dividend increased to CN¥0.20 Dividend of CN¥0.20 is 43% higher than last year. Ex-date: 4th November 2025 Payment date: 4th November 2025 Dividend yield will be 1.2%, which is lower than the industry average of 2.8%. Sustainability & Growth The dividend has increased by an average of 35% per year over the past 10 years. However, payments have been volatile during that time. Reported Earnings • Oct 29
Third quarter 2025 earnings released: EPS: CN¥0.094 (vs CN¥0.028 in 3Q 2024) Third quarter 2025 results: EPS: CN¥0.094 (up from CN¥0.028 in 3Q 2024). Revenue: CN¥777.4m (up 24% from 3Q 2024). Net income: CN¥29.8m (up 164% from 3Q 2024). Profit margin: 3.8% (up from 1.8% in 3Q 2024). Over the last 3 years on average, earnings per share has increased by 34% 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 • Oct 24
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to CN¥15.34, the stock trades at a trailing P/E ratio of 35.4x. Average trailing P/E is 36x in the Metals and Mining industry in China. Total returns to shareholders of 2.0% over the past three years. Announcement • Sep 30
Baoding Technology Co., Ltd. to Report Q3, 2025 Results on Oct 29, 2025 Baoding Technology Co., Ltd. announced that they will report Q3, 2025 results on Oct 29, 2025 Announcement • Sep 12
Baoding Technology Co., Ltd. Approves Interim Cash Dividend for the Year 2025 Baoding Technology Co., Ltd. in its 1st Extraordinary General Meeting of 2025 on 09 September 2025 approved interim cash dividend of CNY 2.00000000 per 10 shares for the year 2025. Reported Earnings • Aug 26
Second quarter 2025 earnings released: EPS: CN¥0.009 (vs CN¥0.046 in 2Q 2024) Second quarter 2025 results: EPS: CN¥0.009 (down from CN¥0.046 in 2Q 2024). Revenue: CN¥711.5m (down 10% from 2Q 2024). Net income: CN¥4.01m (down 79% from 2Q 2024). Profit margin: 0.6% (down from 2.4% in 2Q 2024). Over the last 3 years on average, earnings per share has increased by 47% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. Announcement • Aug 26
Baoding Technology Co., Ltd. Proposes Interim Cash Dividend for the Year 2025 Baoding Technology Co., Ltd. at its Extraordinary General Meeting of 2025 to be held on 09 September 2025, proposed interim cash dividend/10 shares (tax included) of CNY 2.00000000 for the year 2025. New Risk • Jul 15
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 6.7% 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. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.8x net interest cover). High level of non-cash earnings (21% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (6.7% average weekly change). Profit margins are more than 30% lower than last year (6.3% net profit margin). Announcement • Jul 02
Baoding Technology Co., Ltd. to Report First Half, 2025 Results on Aug 23, 2025 Baoding Technology Co., Ltd. announced that they will report first half, 2025 results on Aug 23, 2025 New Risk • Apr 26
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 21% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.8x net interest cover). High level of non-cash earnings (21% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (6.3% net profit margin). Valuation Update With 7 Day Price Move • Apr 08
Investor sentiment deteriorates as stock falls 20% After last week's 20% share price decline to CN¥12.16, the stock trades at a trailing P/E ratio of 20.1x. Average trailing P/E is 27x in the Metals and Mining industry in China. Total loss to shareholders of 13% over the past three years. Announcement • Mar 31
Baoding Technology Co., Ltd. to Report Q1, 2025 Results on Apr 26, 2025 Baoding Technology Co., Ltd. announced that they will report Q1, 2025 results on Apr 26, 2025 Reported Earnings • Mar 30
Full year 2024 earnings released: EPS: CN¥0.59 (vs CN¥0.43 in FY 2023) Full year 2024 results: EPS: CN¥0.59 (up from CN¥0.43 in FY 2023). Revenue: CN¥2.89b (down 4.8% from FY 2023). Net income: CN¥247.6m (up 34% from FY 2023). Profit margin: 8.6% (up from 6.1% in FY 2023). Over the last 3 years on average, earnings per share has increased by 78% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Announcement • Mar 29
Baoding Technology Co., Ltd., Annual General Meeting, Apr 29, 2025 Baoding Technology Co., Ltd., Annual General Meeting, Apr 29, 2025, at 14:30 China Standard Time. Location: The Company's Meeting Room, Hangzhou, Zhejiang China New Risk • Jan 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 8.9% 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 Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (8.9% average weekly change). Large one-off items impacting financial results. Valuation Update With 7 Day Price Move • Jan 21
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥17.58, the stock trades at a trailing P/E ratio of 35.2x. Average trailing P/E is 27x in the Metals and Mining industry in China. Total returns to shareholders of 23% over the past three years. Valuation Update With 7 Day Price Move • Jan 06
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to CN¥15.93, the stock trades at a trailing P/E ratio of 31.9x. Average trailing P/E is 26x in the Metals and Mining industry in China. Total returns to shareholders of 8.8% over the past three years. Announcement • Dec 31
Baoding Technology Co., Ltd. to Report Fiscal Year 2024 Results on Mar 29, 2025 Baoding Technology Co., Ltd. announced that they will report fiscal year 2024 results on Mar 29, 2025 New Risk • Oct 27
New minor risk - Dividend sustainability The dividend is not well covered by cash flows. The company is paying a dividend despite having no free cash flows. Dividend yield: 2.2% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. 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: Minor Risks Paying a dividend despite having no free cash flows. Large one-off items impacting financial results. Reported Earnings • Oct 26
Third quarter 2024 earnings released: EPS: CN¥0.028 (vs CN¥0.008 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.028 (up from CN¥0.008 in 3Q 2023). Revenue: CN¥626.2m (down 20% from 3Q 2023). Net income: CN¥11.3m (up 231% from 3Q 2023). Profit margin: 1.8% (up from 0.4% in 3Q 2023). Over the last 3 years on average, earnings per share has increased by 74% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Announcement • Oct 26
Baoding Technology Co., Ltd. Announces Interim Profit Distribution Plan to Be Implemented (A Shares) for 2024, Payable on 31 October 2024 Baoding Technology Co., Ltd. announced 2024 interim profit distribution plan to be implemented (A shares): Cash dividend per 10 shares (tax included) of CNY 1.40000000. Record date: 30 October 2024; Ex-date: 31 October 2024; Payment date: 31 October 2024. Announcement • Sep 30
Baoding Technology Co., Ltd. to Report Q3, 2024 Results on Oct 26, 2024 Baoding Technology Co., 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 19% After last week's 19% share price gain to CN¥12.82, the stock trades at a trailing P/E ratio of 28.9x. Average trailing P/E is 24x in the Metals and Mining industry in China. Total loss to shareholders of 12% over the past three years. Announcement • Sep 14
Baoding Technology Co., Ltd. Approves Interim Dividend for the Year 2024 Baoding Technology Co., Ltd. held its 2nd Extraordinary General Meeting of 2024 on 12 September 2024, approved interim Cash dividend/10 shares (tax included): CNY1.40000000 for year 2024. Reported Earnings • Aug 25
Second quarter 2024 earnings released: EPS: CN¥0.046 (vs CN¥0.22 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.046 (down from CN¥0.22 in 2Q 2023). Revenue: CN¥793.7m (up 23% from 2Q 2023). Net income: CN¥18.8m (down 80% from 2Q 2023). Profit margin: 2.4% (down from 15% in 2Q 2023). Over the last 3 years on average, earnings per share has increased by 77% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Jul 18
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to CN¥12.14, the stock trades at a trailing P/E ratio of 17.4x. Average trailing P/E is 26x in the Metals and Mining industry in China. Total returns to shareholders of 4.9% over the past three years. Announcement • Jun 29
Baoding Technology Co., Ltd. to Report First Half, 2024 Results on Aug 24, 2024 Baoding Technology Co., Ltd. announced that they will report first half, 2024 results on Aug 24, 2024 Valuation Update With 7 Day Price Move • Apr 17
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to CN¥16.75, the stock trades at a trailing P/E ratio of 38.7x. Average trailing P/E is 27x in the Metals and Mining industry in China. Total returns to shareholders of 34% over the past three years. New Risk • Apr 15
New major risk - Financial position The company's debt is not well covered by operating cash flow. Currently running at an operating cash loss. This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (currently running at an operating cash loss). Minor Risk Large one-off items impacting financial results. Announcement • Apr 11
Baoding Technology Co., Ltd., Annual General Meeting, May 06, 2024 Baoding Technology Co., Ltd., Annual General Meeting, May 06, 2024, at 14:30 China Standard Time. Location: The Company's Meeting Room, Hangzhou, Zhejiang China Announcement • Mar 30
Baoding Technology Co., Ltd. to Report Q1, 2024 Results on Apr 30, 2024 Baoding Technology Co., Ltd. announced that they will report Q1, 2024 results on Apr 30, 2024 Announcement • Dec 30
Baoding Technology Co., Ltd. to Report Fiscal Year 2023 Results on Mar 30, 2024 Baoding Technology Co., Ltd. announced that they will report fiscal year 2023 results on Mar 30, 2024 Reported Earnings • Nov 01
Third quarter 2023 earnings released: EPS: CN¥0.008 (vs CN¥0.004 in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.008 (up from CN¥0.004 in 3Q 2022). Revenue: CN¥786.4m (up 137% from 3Q 2022). Net income: CN¥3.41m (up 39% from 3Q 2022). Profit margin: 0.4% (down from 0.7% in 3Q 2022). 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 4% per year, which means it is well ahead of earnings. Announcement • Sep 08
Baoding Technology Co., Ltd. (SZSE:002552) entered into an agreement to acquire Zhaoyuan Hexi Gold Mine Co., Ltd. from Shandong Jindu Mining Co., Ltd. for approximately CNY 580 million. Baoding Technology Co., Ltd. (SZSE:002552) entered into an agreement to acquire Zhaoyuan Hexi Gold Mine Co., Ltd. from Shandong Jindu Mining Co., Ltd. for approximately CNY 580 million on September 6, 2023. The transaction is approved by board of directors of Baoding Technology Co., Ltd. Reported Earnings • Aug 22
Second quarter 2023 earnings released: EPS: CN¥0.22 (vs CN¥0.01 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.22 (up from CN¥0.01 in 2Q 2022). Revenue: CN¥645.6m (up 495% from 2Q 2022). Net income: CN¥95.4m (up CN¥91.0m from 2Q 2022). Profit margin: 15% (up from 4.0% in 2Q 2022). Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings. Announcement • Jul 01
Baoding Technology Co., Ltd. to Report First Half, 2023 Results on Aug 22, 2023 Baoding Technology Co., Ltd. announced that they will report first half, 2023 results on Aug 22, 2023 Reported Earnings • Apr 25
First quarter 2023 earnings released: CN¥0.06 loss per share (vs CN¥0.01 profit in 1Q 2022) First quarter 2023 results: CN¥0.06 loss per share (down from CN¥0.01 profit in 1Q 2022). Revenue: CN¥610.0m (up CN¥523.0m from 1Q 2022). Net loss: CN¥28.1m (down CN¥29.8m from profit in 1Q 2022). Over the last 3 years on average, earnings per share has increased by 2% per year whereas the company’s share price has increased by 7% per year. Valuation Update With 7 Day Price Move • Mar 20
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to CN¥18.71, the stock trades at a trailing P/E ratio of 36.3x. Average trailing P/E is 31x in the Metals and Mining industry in China. Total returns to shareholders of 19% over the past three years. Board Change • Dec 01
High number of new and inexperienced directors There are 10 new directors who have joined the board in the last 3 years. The company's board is composed of: 10 new directors. 1 experienced director. 1 highly experienced director. Employee Supervisor Qi Zhang is the most experienced director on the board, commencing their role in 2009. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Announcement • Nov 17
Baoding Technology Co., Ltd. Approves Executive Appointments Baoding Technology Co., Ltd. at its 2nd Extraordinary General Meeting of 2022 on 15 November 2022 approved Election of Wang Leyi, Zhu Baosong, Li Linchang, Chen Xulun as non-independent directors and Yang Weisheng, Wang Shiying as independent directors. Board Change • Nov 16
High number of new and inexperienced directors There are 6 new directors who have joined the board in the last 3 years. The company's board is composed of: 6 new directors. 2 experienced directors. 1 highly experienced director. Employee Supervisor Qi Zhang is the most experienced director on the board, commencing their role in 2009. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Reported Earnings • Oct 30
Third quarter 2022 earnings released: EPS: CN¥0.004 (vs CN¥0.01 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.004. Revenue: CN¥332.3m (up 293% from 3Q 2021). Net income: CN¥2.45m (up 64% from 3Q 2021). Profit margin: 0.7% (down from 1.8% in 3Q 2021). The decrease in margin was driven by higher expenses. Reported Earnings • Aug 21
Second quarter 2022 earnings released: EPS: CN¥0.01 (vs CN¥0.01 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.01 (vs CN¥0.01 in 2Q 2021). Revenue: CN¥108.5m (up 11% from 2Q 2021). Net income: CN¥4.37m (up 17% from 2Q 2021). Profit margin: 4.0% (up from 3.8% in 2Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 70% per year but the company’s share price has only increased by 25% per year, which means it is significantly lagging earnings growth. Buying Opportunity • Jul 29
Now 26% undervalued Over the last 90 days, the stock is up 50%. The fair value is estimated to be CN¥24.40, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 82% over the last 3 years. Earnings per share has grown by 62%. Valuation Update With 7 Day Price Move • Jul 27
Investor sentiment improved over the past week After last week's 18% share price gain to CN¥19.62, the stock trades at a trailing P/E ratio of 27x. Average trailing P/E is 31x in the Metals and Mining industry in China. Total returns to shareholders of 140% over the past three years. Valuation Update With 7 Day Price Move • Jul 13
Investor sentiment improved over the past week After last week's 23% share price gain to CN¥17.29, the stock trades at a trailing P/E ratio of 23.8x. Average trailing P/E is 29x in the Metals and Mining industry in China. Total returns to shareholders of 100% over the past three years. Reported Earnings • Apr 27
First quarter 2022 earnings released: EPS: CN¥0.01 (vs CN¥0.01 in 1Q 2021) First quarter 2022 results: EPS: CN¥0.01 (vs CN¥0.01 in 1Q 2021). Revenue: CN¥87.0m (up 18% from 1Q 2021). Net income: CN¥1.64m (down 34% from 1Q 2021). Profit margin: 1.9% (down from 3.4% in 1Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 62% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth. Board Change • Apr 27
High number of new and inexperienced directors There are 6 new directors who have joined the board in the last 3 years. The company's board is composed of: 6 new directors. 2 experienced directors. No highly experienced directors. Supervisor Xiaojie Wang is the most experienced director on the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Reported Earnings • Mar 11
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: EPS: CN¥0.02 (vs CN¥0.02 in FY 2020). Revenue: CN¥353.2m (down 3.7% from FY 2020). Net income: CN¥6.37m (down 16% from FY 2020). Profit margin: 1.8% (down from 2.1% in FY 2020). Revenue was in line with analyst estimates. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 99 percentage points per year, which is a significant difference in performance. Announcement • Mar 01
Baoding Technology Co., Ltd. to Report Fiscal Year 2021 Results on Mar 10, 2022 Baoding Technology Co., Ltd. announced that they will report fiscal year 2021 results on Mar 10, 2022 Buying Opportunity • Jan 27
Now 22% undervalued Over the last 90 days, the stock is up 2.4%. The fair value is estimated to be CN¥17.83, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.9% per annum over the last 3 years. The company has become profitable over the last 3 years. Reported Earnings • Oct 12
Third quarter 2021 earnings released: EPS CN¥0.01 (vs CN¥0.009 in 3Q 2020) The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: CN¥84.5m (down 27% from 3Q 2020). Net income: CN¥1.50m (down 57% from 3Q 2020). Profit margin: 1.8% (down from 3.1% in 3Q 2020). Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has increased by 62% per year, which means it is tracking significantly ahead of earnings growth. Board Change • Oct 12
High number of new and inexperienced directors There are 6 new directors who have joined the board in the last 3 years. The company's board is composed of: 6 new directors. 2 experienced directors. No highly experienced directors. Supervisor Xiaojie Wang is the most experienced director on the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Reported Earnings • Aug 20
Second quarter 2021 earnings released: EPS CN¥0.01 (vs CN¥0.005 in 2Q 2020) The company reported a decent second quarter result with improved earnings and profit margins, although revenues were weaker. Second quarter 2021 results: Revenue: CN¥97.3m (down 1.3% from 2Q 2020). Net income: CN¥3.72m (up 43% 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 49% per year but the company’s share price has only increased by 38% per year, which means it is significantly lagging earnings growth. Reported Earnings • Apr 20
First quarter 2021 earnings released: EPS CN¥0.01 (vs CN¥0.004 in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: CN¥73.6m (up 40% from 1Q 2020). Net income: CN¥2.47m (up 85% from 1Q 2020). Profit margin: 3.4% (up from 2.5% in 1Q 2020). Over the last 3 years on average, earnings per share has increased by 78% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth. Reported Earnings • Mar 30
Full year 2020 earnings released: EPS CN¥0.02 (vs CN¥0.18 in FY 2019) The company reported a soft full year result with weaker earnings and profit margins, although revenues improved. Full year 2020 results: Revenue: CN¥366.7m (up 7.7% from FY 2019). Net income: CN¥7.58m (down 87% from FY 2019). Profit margin: 2.1% (down from 17% in FY 2019). Over the last 3 years on average, earnings per share has increased by 93% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. Announcement • Feb 25
Baoding Technology Co., Ltd. to Report Fiscal Year 2020 Results on Mar 30, 2021 Baoding Technology Co., Ltd. announced that they will report fiscal year 2020 results on Mar 30, 2021 Is New 90 Day High Low • Jan 28
New 90-day low: CN¥12.19 The company is down 12% from its price of CN¥13.93 on 30 October 2020. The Chinese market is up 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Metals and Mining industry, which is up 19% over the same period. Is New 90 Day High Low • Jan 13
New 90-day low: CN¥12.71 The company is down 17% from its price of CN¥15.32 on 15 October 2020. The Chinese market is up 6.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Metals and Mining industry, which is up 15% over the same period. Is New 90 Day High Low • Dec 28
New 90-day low: CN¥13.19 The company is down 12% from its price of CN¥15.03 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 Metals and Mining industry, which is up 18% over the same period. Is New 90 Day High Low • Oct 26
New 90-day low: CN¥14.49 The company is down 16% from its price of CN¥17.18 on 28 July 2020. The Chinese market is up 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Metals and Mining industry, which is down 5.0% over the same period. Reported Earnings • Oct 23
Third quarter earnings released Over the last 12 months the company has reported total profits of CN¥7.51m, down 87% from the prior year. Total revenue was CN¥356.3m over the last 12 months, up 4.0% from the prior year. Announcement • Oct 17
Baoding Technology Co., Ltd. to Report Q3, 2020 Results on Oct 23, 2020 Baoding Technology Co., Ltd. announced that they will report Q3, 2020 results on Oct 23, 2020 Announcement • Jul 25
Baoding Technology Co., Ltd. to Report First Half, 2020 Results on Aug 21, 2020 Baoding Technology Co., Ltd. announced that they will report first half, 2020 results on Aug 21, 2020