Announcement • Jun 30
Jiangxi Hengda Hi-Tech Co.,Ltd. to Report First Half, 2026 Results on Aug 24, 2026 Jiangxi Hengda Hi-Tech Co.,Ltd. announced that they will report first half, 2026 results on Aug 24, 2026 Announcement • May 28
Jiangxi Hengda Hi-Tech Co.,Ltd., Annual General Meeting, Jun 18, 2026 Jiangxi Hengda Hi-Tech Co.,Ltd., Annual General Meeting, Jun 18, 2026, at 14:30 China Standard Time. Location: The Company's Meeting Room, Nanchang, Jiangxi China New Risk • May 07
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 8.0% 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. This is currently the only risk that has been identified for the company. Reported Earnings • Apr 24
Full year 2025 earnings released: CN¥0.086 loss per share (vs CN¥0.035 loss in FY 2024) Full year 2025 results: CN¥0.086 loss per share (further deteriorated from CN¥0.035 loss in FY 2024). Revenue: CN¥377.6m (down 14% from FY 2024). Net loss: CN¥25.9m (loss widened 144% from FY 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 5% per year, which means it is significantly lagging earnings growth. Announcement • Mar 31
Jiangxi Hengda Hi-Tech Co.,Ltd. to Report Q1, 2026 Results on Apr 30, 2026 Jiangxi Hengda Hi-Tech Co.,Ltd. announced that they will report Q1, 2026 results on Apr 30, 2026 Announcement • Dec 31
Jiangxi Hengda Hi-Tech Co.,Ltd. to Report Fiscal Year 2025 Results on Apr 24, 2026 Jiangxi Hengda Hi-Tech Co.,Ltd. announced that they will report fiscal year 2025 results on Apr 24, 2026 New Risk • Dec 29
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 9.2% 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 Less than 1 year of cash runway based on free cash flow trend (-CN¥64m free cash flow). Share price has been highly volatile over the past 3 months (9.2% average weekly change). New Risk • Nov 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 7.4% 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 Less than 1 year of cash runway based on free cash flow trend (-CN¥64m free cash flow). Minor Risk Share price has been volatile over the past 3 months (7.4% average weekly change). Reported Earnings • Oct 28
Third quarter 2025 earnings released: EPS: CN¥0.009 (vs CN¥0.006 in 3Q 2024) Third quarter 2025 results: EPS: CN¥0.009 (up from CN¥0.006 in 3Q 2024). Revenue: CN¥80.6m (down 33% from 3Q 2024). Net income: CN¥2.56m (up 51% from 3Q 2024). Profit margin: 3.2% (up from 1.4% in 3Q 2024). The increase in margin was driven by lower expenses. 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 4% per year, which means it is significantly lagging earnings growth. Announcement • Sep 30
Jiangxi Hengda Hi-Tech Co.,Ltd. to Report Q3, 2025 Results on Oct 28, 2025 Jiangxi Hengda Hi-Tech Co.,Ltd. announced that they will report Q3, 2025 results on Oct 28, 2025 Announcement • Jul 02
Jiangxi Hengda Hi-Tech Co.,Ltd. to Report First Half, 2025 Results on Aug 27, 2025 Jiangxi Hengda Hi-Tech Co.,Ltd. announced that they will report first half, 2025 results on Aug 27, 2025 New Risk • May 05
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -CN¥68m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. This is currently the only risk that has been identified for the company. Announcement • Apr 28
Jiangxi Hengda Hi-Tech Co.,Ltd., Annual General Meeting, May 21, 2025 Jiangxi Hengda Hi-Tech Co.,Ltd., Annual General Meeting, May 21, 2025, at 14:30 China Standard Time. Location: The Company's Meeting Room, Nanchang, Jiangxi China Announcement • Apr 01
Jiangxi Hengda Hi-Tech Co.,Ltd. to Report Q1, 2025 Results on Apr 28, 2025 Jiangxi Hengda Hi-Tech Co.,Ltd. announced that they will report Q1, 2025 results on Apr 28, 2025 Announcement • Dec 31
Jiangxi Hengda Hi-Tech Co.,Ltd. to Report Fiscal Year 2024 Results on Apr 28, 2025 Jiangxi Hengda Hi-Tech Co.,Ltd. announced that they will report fiscal year 2024 results on Apr 28, 2025 Reported Earnings • Oct 28
Third quarter 2024 earnings released: EPS: CN¥0.006 (vs CN¥0.032 loss in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.006 (up from CN¥0.032 loss in 3Q 2023). Revenue: CN¥120.7m (up 10% from 3Q 2023). Net income: CN¥1.70m (up CN¥11.2m from 3Q 2023). Profit margin: 1.4% (up from net loss in 3Q 2023). 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 3% per year, which means it is significantly lagging earnings growth. Announcement • Sep 30
Jiangxi Hengda Hi-Tech Co.,Ltd. to Report Q3, 2024 Results on Oct 28, 2024 Jiangxi Hengda Hi-Tech Co.,Ltd. announced that they will report Q3, 2024 results on Oct 28, 2024 Reported Earnings • Aug 28
Second quarter 2024 earnings released: EPS: CN¥0.055 (vs CN¥0.013 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.055 (up from CN¥0.013 in 2Q 2023). Revenue: CN¥71.0m (down 31% from 2Q 2023). Net income: CN¥16.6m (up 338% from 2Q 2023). Profit margin: 23% (up from 3.7% in 2Q 2023). Over the last 3 years on average, earnings per share has increased by 93% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings. Announcement • Jun 29
Jiangxi Hengda Hi-Tech Co.,Ltd. to Report First Half, 2024 Results on Aug 28, 2024 Jiangxi Hengda Hi-Tech Co.,Ltd. announced that they will report first half, 2024 results on Aug 28, 2024 Announcement • Apr 26
Jiangxi Hengda Hi-Tech Co.,Ltd., Annual General Meeting, May 17, 2024 Jiangxi Hengda Hi-Tech Co.,Ltd., Annual General Meeting, May 17, 2024, at 14:30 China Standard Time. Location: The Company's Meeting Room, Nanchang, Jiangxi China Reported Earnings • Apr 25
Full year 2023 earnings released: CN¥0.14 loss per share (vs CN¥0.21 loss in FY 2022) Full year 2023 results: CN¥0.14 loss per share (improved from CN¥0.21 loss in FY 2022). Revenue: CN¥404.1m (up 8.1% from FY 2022). Net loss: CN¥40.6m (loss narrowed 35% from FY 2022). Over the last 3 years on average, earnings per share has increased by 96% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings. Announcement • Mar 30
Jiangxi Hengda Hi-Tech Co.,Ltd. to Report Q1, 2024 Results on Apr 25, 2024 Jiangxi Hengda Hi-Tech Co.,Ltd. announced that they will report Q1, 2024 results on Apr 25, 2024 Announcement • Dec 29
Jiangxi Hengda Hi-Tech Co.,Ltd. to Report Fiscal Year 2023 Results on Apr 25, 2024 Jiangxi Hengda Hi-Tech Co.,Ltd. announced that they will report fiscal year 2023 results on Apr 25, 2024 Reported Earnings • Oct 27
Third quarter 2023 earnings released: CN¥0.032 loss per share (vs CN¥0.002 profit in 3Q 2022) Third quarter 2023 results: CN¥0.032 loss per share (down from CN¥0.002 profit in 3Q 2022). Revenue: CN¥109.4m (up 21% from 3Q 2022). Net loss: CN¥9.52m (down CN¥10.1m from profit in 3Q 2022). Over the last 3 years on average, earnings per share has increased by 69% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Board Change • Sep 01
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. 1 experienced director. 3 highly experienced directors. Chairman of the Supervisory Board Yue Feng Su is the most experienced director on the board, commencing their role in 2007. 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 25
Second quarter 2023 earnings released: EPS: CN¥0.013 (vs CN¥0.006 loss in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.013 (up from CN¥0.006 loss in 2Q 2022). Revenue: CN¥102.2m (up 54% from 2Q 2022). Net income: CN¥3.80m (up CN¥5.60m from 2Q 2022). Profit margin: 3.7% (up from net loss in 2Q 2022). Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings. Announcement • Aug 25
Jiangxi Hengda Hi-Tech Co.,Ltd. Approves Management Appointments Jiangxi Hengda Hi-Tech Co.,Ltd. at its Extraordinary General Meeting held on 23 August 2023, approved Election of Zhu Guangyu and Zhong Xiaochun as non-independent directors; Election of Hu Dali, Yu Tianbao and Li Yi as independent directors and election of Chen Lu and Zhu Beijian as non-employee supervisors. Reported Earnings • Apr 26
Full year 2022 earnings released: CN¥0.21 loss per share (vs CN¥0.061 profit in FY 2021) Full year 2022 results: CN¥0.21 loss per share (down from CN¥0.061 profit in FY 2021). Revenue: CN¥373.8m (down 29% from FY 2021). Net loss: CN¥62.4m (down 439% from profit in FY 2021). Over the last 3 years on average, earnings per share has fallen by 7% per year whereas the company’s share price has fallen by 6% per year. Board Change • Nov 16
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. 5 experienced directors. 3 highly experienced directors. 3 independent directors (4 non-independent directors). Independent Director Zhi Jun Wu was the last independent director to join the board, commencing their role in 2017. 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 • Oct 31
Third quarter 2022 earnings released: EPS: CN¥0.002 (vs CN¥0.015 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.002 (down from CN¥0.015 in 3Q 2021). Revenue: CN¥90.5m (down 49% from 3Q 2021). Net income: CN¥601.8k (down 87% from 3Q 2021). Profit margin: 0.7% (down from 2.6% in 3Q 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has only fallen by 15% per year, which means it has not declined as severely as earnings. Board Change • Aug 15
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. 5 experienced directors. 2 highly experienced directors. 3 independent directors (4 non-independent directors). Independent Director Zhi Jun Wu was the last independent director to join the board, commencing their role in 2017. 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 • Aug 11
Second quarter 2022 earnings released: CN¥0.006 loss per share (vs CN¥0.032 profit in 2Q 2021) Second quarter 2022 results: CN¥0.006 loss per share (down from CN¥0.032 profit in 2Q 2021). Revenue: CN¥66.3m (down 46% from 2Q 2021). Net loss: CN¥1.80m (down 118% from profit in 2Q 2021). Over the last 3 years on average, earnings per share has fallen by 53% 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. Reported Earnings • Apr 12
Full year 2021 earnings released: EPS: CN¥0.061 (vs CN¥1.66 loss in FY 2020) Full year 2021 results: EPS: CN¥0.061 (up from CN¥1.66 loss in FY 2020). Revenue: CN¥528.2m (up 66% from FY 2020). Net income: CN¥18.4m (up CN¥526.9m from FY 2020). Profit margin: 3.5% (up from net loss in FY 2020). The move to profitability was primarily 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 81 percentage points per year, which is a significant difference in performance. Reported Earnings • Oct 26
Third quarter 2021 earnings released: EPS CN¥0.015 (vs CN¥0.01 in 3Q 2020) The company reported a solid third quarter result with improved earnings and revenues, although profit margins were weaker. Third quarter 2021 results: Revenue: CN¥176.5m (up 124% from 3Q 2020). Net income: CN¥4.58m (up 58% from 3Q 2020). Profit margin: 2.6% (down from 3.7% in 3Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 106 percentage points per year, which is a significant difference in performance. Reported Earnings • Aug 22
Second quarter 2021 earnings released: EPS CN¥0.032 (vs CN¥0.052 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¥123.0m (up 49% from 2Q 2020). Net income: CN¥9.82m (down 37% from 2Q 2020). Profit margin: 8.0% (down from 19% in 2Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 106 percentage points per year, which is a significant difference in performance. Reported Earnings • May 02
First quarter 2021 earnings released: EPS CN¥0.035 (vs CN¥0.052 in 1Q 2020) The company reported a mediocre first quarter result with weaker earnings and profit margins, although revenues improved. First quarter 2021 results: Revenue: CN¥139.9m (up 51% from 1Q 2020). Net income: CN¥10.6m (down 32% from 1Q 2020). Profit margin: 7.5% (down from 17% in 1Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 87 percentage points per year, which is a significant difference in performance. Valuation Update With 7 Day Price Move • Apr 07
Investor sentiment improved over the past week After last week's 19% share price gain to CN¥6.08, the stock trades at a trailing P/E ratio of 51.1x. Average trailing P/E is 35x in the Chemicals industry in China. Total loss to shareholders of 33% over the past three years. Valuation Update With 7 Day Price Move • Feb 20
Investor sentiment improved over the past week After last week's 21% share price gain to CN¥5.31, the stock is trading at a trailing P/E ratio of 44.6x, up from the previous P/E ratio of 36.9x. This compares to an average P/E of 37x in the Chemicals industry in China. Total return to shareholders over the past three years is a loss of 43%. Is New 90 Day High Low • Jan 29
New 90-day low: CN¥4.44 The company is down 35% from its price of CN¥6.82 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 Chemicals industry, which is up 22% over the same period. Is New 90 Day High Low • Dec 28
New 90-day low: CN¥5.44 The company is down 20% from its price of CN¥6.77 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¥6.13 The company is down 16% from its price of CN¥7.28 on 11 September 2020. The Chinese market is up 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 8.0% over the same period. Is New 90 Day High Low • Nov 02
New 90-day low: CN¥6.38 The company is down 21% from its price of CN¥8.04 on 04 August 2020. The Chinese market is down 6.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is down 3.0% over the same period. Reported Earnings • Oct 29
Third quarter earnings released Over the last 12 months the company has reported total profits of CN¥35.3m, down 63% from the prior year. Total revenue was CN¥319.5m over the last 12 months, down 27% from the prior year. Announcement • Oct 20
Jiangxi Hengda Hi-Tech Co.,Ltd. to Report Q3, 2020 Results on Oct 28, 2020 Jiangxi Hengda Hi-Tech Co.,Ltd. announced that they will report Q3, 2020 results on Oct 28, 2020 Announcement • Aug 04
Jiangxi Hengda Hi-Tech Co.,Ltd. to Report First Half, 2020 Results on Aug 25, 2020 Jiangxi Hengda Hi-Tech Co.,Ltd. announced that they will report first half, 2020 results on Aug 25, 2020