Valuation Update With 7 Day Price Move • Jun 10
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to CN¥16.95, the stock trades at a trailing P/E ratio of 61.2x. Average trailing P/E is 47x in the Chemicals industry in China. Total returns to shareholders of 181% over the past three years. New Risk • Jun 09
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 9.7% 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: Minor Risks Dividend is not well covered by cash flows (147% cash payout ratio). Share price has been volatile over the past 3 months (9.7% average weekly change). Announcement • Jun 05
Guangdong Silver Age Sci & Tech Co.,Ltd. Proposes Final Cash Dividend for the Year 2025 Guangdong Silver Age Sci & Tech Co.,Ltd. at its 2025 Annual General Meeting to be held on June 26, 2026 proposes the following 2025 profit distribution plan: Cash dividend of CNY 1.00000000 per 10 shares (tax included). Announcement • Jun 02
Guangdong Silver Age Sci & Tech Co.,Ltd., Annual General Meeting, Jun 26, 2026 Guangdong Silver Age Sci & Tech Co.,Ltd., Annual General Meeting, Jun 26, 2026, at 15:30 China Standard Time. Location: Meeting Room of Silver Age Engineering Plastics (Dongguan) Co., Ltd., Dongguan, Guangdong China Valuation Update With 7 Day Price Move • May 27
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥14.14, the stock trades at a trailing P/E ratio of 51x. Average trailing P/E is 50x in the Chemicals industry in China. Total returns to shareholders of 170% over the past three years. Valuation Update With 7 Day Price Move • Apr 17
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to CN¥11.34, the stock trades at a trailing P/E ratio of 48.5x. Average trailing P/E is 47x in the Chemicals industry in China. Total returns to shareholders of 132% over the past three years. New Risk • Apr 14
New minor risk - Dividend sustainability The dividend is not well covered by cash flows. Cash payout ratio: 94% Dividend yield: 1.0% 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. This is currently the only risk that has been identified for the company. Announcement • Mar 31
Guangdong Silver Age Sci & Tech Co.,Ltd. to Report Q1, 2026 Results on Apr 23, 2026 Guangdong Silver Age Sci & Tech Co.,Ltd. announced that they will report Q1, 2026 results on Apr 23, 2026 Reported Earnings • Mar 30
Full year 2025 earnings released: EPS: CN¥0.24 (vs CN¥0.11 in FY 2024) Full year 2025 results: EPS: CN¥0.24 (up from CN¥0.11 in FY 2024). Revenue: CN¥2.20b (up 8.7% from FY 2024). Net income: CN¥110.7m (up 115% from FY 2024). Profit margin: 5.0% (up from 2.5% 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 75% per year but the company’s share price has only increased by 21% per year, which means it is significantly lagging earnings growth. 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 7.2% 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. This is currently the only risk that has been identified for the company. Valuation Update With 7 Day Price Move • Jan 12
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to CN¥12.20, the stock trades at a trailing P/E ratio of 59.6x. Average trailing P/E is 46x in the Chemicals industry in China. Total returns to shareholders of 124% over the past three years. Announcement • Dec 31
Guangdong Silver Age Sci & Tech Co.,Ltd. to Report Fiscal Year 2025 Results on Mar 30, 2026 Guangdong Silver Age Sci & Tech Co.,Ltd. announced that they will report fiscal year 2025 results on Mar 30, 2026 Reported Earnings • Oct 22
Third quarter 2025 earnings released: EPS: CN¥0.081 (vs CN¥0.028 in 3Q 2024) Third quarter 2025 results: EPS: CN¥0.081 (up from CN¥0.028 in 3Q 2024). Revenue: CN¥567.1m (up 5.0% from 3Q 2024). Net income: CN¥36.9m (up 185% from 3Q 2024). Profit margin: 6.5% (up from 2.4% in 3Q 2024). Over the last 3 years on average, earnings per share has increased by 82% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth. Announcement • Sep 30
Guangdong Silver Age Sci & Tech Co.,Ltd. to Report Q3, 2025 Results on Oct 21, 2025 Guangdong Silver Age Sci & Tech Co.,Ltd. announced that they will report Q3, 2025 results on Oct 21, 2025 Announcement • Jul 02
Guangdong Silver Age Sci & Tech Co.,Ltd. to Report First Half, 2025 Results on Aug 09, 2025 Guangdong Silver Age Sci & Tech Co.,Ltd. announced that they will report first half, 2025 results on Aug 09, 2025 Announcement • May 19
Guangdong Silver Age Sci & Tech Co.,Ltd., Annual General Meeting, Jun 19, 2025 Guangdong Silver Age Sci & Tech Co.,Ltd., Annual General Meeting, Jun 19, 2025, at 15:30 China Standard Time. Location: Meeting Room of Silver Age Engineering Plastics (Dongguan) Co., Ltd., Dongguan, Guangdong China Valuation Update With 7 Day Price Move • Apr 09
Investor sentiment deteriorates as stock falls 23% After last week's 23% share price decline to CN¥6.99, the stock trades at a trailing P/E ratio of 65.2x. Average trailing P/E is 33x in the Chemicals industry in China. Total returns to shareholders of 22% over the past three years. New Risk • Apr 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 9.3% 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 (9.3% average weekly change). Large one-off items impacting financial results. Reported Earnings • Apr 03
Full year 2024 earnings released: EPS: CN¥0.11 (vs CN¥0.06 in FY 2023) Full year 2024 results: EPS: CN¥0.11 (up from CN¥0.06 in FY 2023). Revenue: CN¥2.02b (up 21% from FY 2023). Net income: CN¥51.4m (up 90% from FY 2023). Profit margin: 2.5% (up from 1.6% in FY 2023). Over the last 3 years on average, earnings per share has increased by 11% per year whereas the company’s share price has increased by 14% per year. Announcement • Mar 31
Guangdong Silver Age Sci & Tech Co.,Ltd. to Report Q1, 2025 Results on Apr 19, 2025 Guangdong Silver Age Sci & Tech Co.,Ltd. announced that they will report Q1, 2025 results on Apr 19, 2025 Announcement • Dec 31
Guangdong Silver Age Sci & Tech Co.,Ltd. to Report Fiscal Year 2024 Results on Apr 03, 2025 Guangdong Silver Age Sci & Tech Co.,Ltd. announced that they will report fiscal year 2024 results on Apr 03, 2025 Reported Earnings • Oct 26
Third quarter 2024 earnings released: EPS: CN¥0.028 (vs CN¥0.023 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.028 (up from CN¥0.023 in 3Q 2023). Revenue: CN¥540.1m (up 21% from 3Q 2023). Net income: CN¥13.0m (up 24% from 3Q 2023). Profit margin: 2.4% (up from 2.3% in 3Q 2023). 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 1% per year, which means it has not declined as severely as 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¥5.80, the stock trades at a trailing P/E ratio of 75x. Average trailing P/E is 31x in the Chemicals industry in China. Total loss to shareholders of 28% over the past three years. Announcement • Sep 30
Guangdong Silver Age Sci & Tech Co.,Ltd. to Report Q3, 2024 Results on Oct 26, 2024 Guangdong Silver Age Sci & Tech Co.,Ltd. announced that they will report Q3, 2024 results on Oct 26, 2024 New Risk • Aug 21
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.4% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (27% accrual ratio). Minor Risk Shareholders have been diluted in the past year (2.4% increase in shares outstanding). Reported Earnings • Aug 10
Second quarter 2024 earnings released: EPS: CN¥0.052 (vs CN¥0.032 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.052 (up from CN¥0.032 in 2Q 2023). Revenue: CN¥479.5m (up 25% from 2Q 2023). Net income: CN¥23.9m (up 65% from 2Q 2023). Profit margin: 5.0% (up from 3.8% in 2Q 2023). Over the last 3 years on average, earnings per share has fallen by 62% per year but the company’s share price has only fallen by 19% per year, which means it has not declined as severely as earnings. Valuation Update With 7 Day Price Move • Jul 18
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to CN¥4.24, the stock trades at a trailing P/E ratio of 73x. Average trailing P/E is 27x in the Chemicals industry in China. Total loss to shareholders of 51% over the past three years. Announcement • Jun 29
Guangdong Silver Age Sci & Tech Co.,Ltd. to Report First Half, 2024 Results on Aug 27, 2024 Guangdong Silver Age Sci & Tech Co.,Ltd. announced that they will report first half, 2024 results on Aug 27, 2024 New Risk • May 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 10% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (10% average weekly change). High level of non-cash earnings (21% accrual ratio). Reported Earnings • Apr 20
First quarter 2024 earnings released: EPS: CN¥0.005 (vs CN¥0.004 in 1Q 2023) First quarter 2024 results: EPS: CN¥0.005 (up from CN¥0.004 in 1Q 2023). Revenue: CN¥395.9m (up 4.7% from 1Q 2023). Net income: CN¥2.27m (up 29% from 1Q 2023). Profit margin: 0.6% (up from 0.5% in 1Q 2023). 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. Announcement • Apr 20
Guangdong Silver Age Sci & Tech Co.,Ltd., Annual General Meeting, Jun 18, 2024 Guangdong Silver Age Sci & Tech Co.,Ltd., Annual General Meeting, Jun 18, 2024, at 15:30 China Standard Time. Location: Meeting Room of Silver Age Engineering Plastics (Dongguan) Co., Ltd., Dongguan, Guangdong China New Risk • Apr 01
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 10% 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. Announcement • Mar 30
Guangdong Silver Age Sci & Tech Co.,Ltd. to Report Q1, 2024 Results on Apr 19, 2024 Guangdong Silver Age Sci & Tech Co.,Ltd. announced that they will report Q1, 2024 results on Apr 19, 2024 Valuation Update With 7 Day Price Move • Feb 23
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥4.40, the stock trades at a trailing P/E ratio of 70.4x. Average trailing P/E is 28x in the Chemicals industry in China. Total loss to shareholders of 45% over the past three years. New Risk • Feb 08
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 7.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company. Valuation Update With 7 Day Price Move • Feb 01
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to CN¥4.33, the stock trades at a trailing P/E ratio of 69.3x. Average trailing P/E is 28x in the Chemicals industry in China. Total loss to shareholders of 45% over the past three years. Announcement • Dec 29
Guangdong Silver Age Sci & Tech Co.,Ltd. to Report Fiscal Year 2023 Results on Apr 19, 2024 Guangdong Silver Age Sci & Tech Co.,Ltd. announced that they will report fiscal year 2023 results on Apr 19, 2024 Reported Earnings • Oct 24
Third quarter 2023 earnings released: EPS: CN¥0.023 (vs CN¥0.009 in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.023 (up from CN¥0.009 in 3Q 2022). Revenue: CN¥445.6m (flat on 3Q 2022). Net income: CN¥10.4m (up 153% from 3Q 2022). Profit margin: 2.3% (up from 0.9% in 3Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 61 percentage points per year, which is a significant difference in performance. Announcement • Sep 30
Guangdong Silver Age Sci & Tech Co.,Ltd. to Report Q3, 2023 Results on Oct 24, 2023 Guangdong Silver Age Sci & Tech Co.,Ltd. announced that they will report Q3, 2023 results on Oct 24, 2023 Reported Earnings • Aug 09
Second quarter 2023 earnings released: EPS: CN¥0.032 (vs CN¥0.025 loss in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.032 (up from CN¥0.025 loss in 2Q 2022). Revenue: CN¥383.6m (down 20% from 2Q 2022). Net income: CN¥14.5m (up CN¥25.8m from 2Q 2022). Profit margin: 3.8% (up from net loss in 2Q 2022). Over the last 3 years on average, earnings per share has fallen by 45% per year but the company’s share price has remained flat, which means it is well ahead of earnings. Announcement • Jul 25
Guangdong Silver Age Sci & Tech Co.,Ltd. Approves Board Appointments Guangdong Silver Age Sci & Tech Co.,Ltd. at its Extraordinary General Meeting held on 21 July 2023, approved election and nomination of Lin Dengcan as non-independent director and election and nomination of Zhao Jianqing, Xie Jun and Wei Long as independent directors. Announcement • Jul 01
Guangdong Silver Age Sci & Tech Co.,Ltd. to Report First Half, 2023 Results on Aug 09, 2023 Guangdong Silver Age Sci & Tech Co.,Ltd. announced that they will report first half, 2023 results on Aug 09, 2023 Reported Earnings • Apr 12
Full year 2022 earnings released: CN¥0.013 loss per share (vs CN¥0.16 profit in FY 2021) Full year 2022 results: CN¥0.013 loss per share (down from CN¥0.16 profit in FY 2021). Revenue: CN¥1.85b (down 18% from FY 2021). Net loss: CN¥5.62m (down 108% from profit in FY 2021). Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. 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 an independent director. The company's board is composed of: 1 new director. 11 experienced directors. No highly experienced directors. 3 independent directors (5 non-independent directors). Independent Director Mingqiu Zhang was the last independent director to join the board, commencing their role in 2020. 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 27
Third quarter 2022 earnings released: EPS: CN¥0.009 (vs CN¥0.037 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.009 (down from CN¥0.037 in 3Q 2021). Revenue: CN¥447.9m (down 19% from 3Q 2021). Net income: CN¥4.11m (down 75% from 3Q 2021). Profit margin: 0.9% (down from 3.0% in 3Q 2021). Over the last 3 years on average, earnings per share has increased by 102% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Reported Earnings • Aug 08
Second quarter 2022 earnings released: CN¥0.025 loss per share (vs CN¥0.055 profit in 2Q 2021) Second quarter 2022 results: CN¥0.025 loss per share (down from CN¥0.055 profit in 2Q 2021). Revenue: CN¥479.6m (down 13% from 2Q 2021). Net loss: CN¥11.3m (down 146% from profit in 2Q 2021). Over the last 3 years on average, earnings per share has increased by 120% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. 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 an independent director. The company's board is composed of: 1 new director. 10 experienced directors. No highly experienced directors. 3 independent directors (4 non-independent directors). Independent Director Mingqiu Zhang was the last independent director to join the board, commencing their role in 2020. 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 • Jul 30
Second quarter 2021 earnings released: EPS CN¥0.055 (vs CN¥0.11 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¥550.8m (up 33% from 2Q 2020). Net income: CN¥24.6m (down 37% from 2Q 2020). Profit margin: 4.5% (down from 9.3% 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 57% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Jul 09
Investor sentiment improved over the past week After last week's 16% share price gain to CN¥8.25, the stock trades at a trailing P/E ratio of 26.5x. Average trailing P/E is 29x in the Chemicals industry in China. Total loss to shareholders of 14% over the past three years. Valuation Update With 7 Day Price Move • May 27
Investor sentiment improved over the past week After last week's 19% share price gain to CN¥7.31, the stock trades at a trailing P/E ratio of 23.5x. Average trailing P/E is 29x in the Chemicals industry in China. Total loss to shareholders of 38% over the past three years. Reported Earnings • Apr 30
First quarter 2021 earnings released: EPS CN¥0.063 (vs CN¥0.02 loss in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: CN¥440.9m (up 85% from 1Q 2020). Net income: CN¥28.1m (up CN¥39.0m from 1Q 2020). Profit margin: 6.4% (up from net loss in 1Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has fallen by 21% per year, which means it is significantly lagging earnings. Announcement • Feb 24
Guangdong Silver Age Sci & Tech Co.,Ltd. to Report Fiscal Year 2020 Results on Mar 30, 2021 Guangdong Silver Age Sci & Tech Co.,Ltd. announced that they will report fiscal year 2020 results on Mar 30, 2021 Valuation Update With 7 Day Price Move • Feb 22
Investor sentiment improved over the past week After last week's 18% share price gain to CN¥8.09, the stock is trading at a trailing P/E ratio of 77.3x, up from the previous P/E ratio of 65.7x. 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 47%. Valuation Update With 7 Day Price Move • Feb 05
Investor sentiment deteriorated over the past week After last week's 20% share price decline to CN¥7.19, the stock is trading at a trailing P/E ratio of 68.7x, down from the previous P/E ratio of 86.1x. This compares to an average P/E of 35x in the Chemicals industry in China. Total return to shareholders over the past three years is a loss of 50%. Is New 90 Day High Low • Jan 18
New 90-day high: CN¥10.53 The company is up 48% from its price of CN¥7.13 on 20 October 2020. The Chinese market is up 7.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Chemicals industry, which is up 13% over the same period. Is New 90 Day High Low • Dec 30
New 90-day high: CN¥9.50 The company is up 60% from its price of CN¥5.93 on 30 September 2020. The Chinese market is up 5.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Chemicals industry, which is up 11% over the same period. Valuation Update With 7 Day Price Move • Dec 02
Market bids up stock over the past week After last week's 21% share price gain to CN¥8.26, the stock is trading at a trailing P/E ratio of 79x, up from the previous P/E ratio of 65.2x. This compares to an average P/E of 39x in the Chemicals industry in China. Total return to shareholders over the past three years is a loss of 47%. Valuation Update With 7 Day Price Move • Oct 30
Market bids up stock over the past week After last week's 17% share price gain to CN¥8.14, the stock is trading at a trailing P/E ratio of 77.8x, up from the previous P/E ratio of 66.3x. This compares to an average P/E of 39x in the Chemicals industry in China. Total return to shareholders over the past three years is a loss of 52%. Is New 90 Day High Low • Oct 28
New 90-day high: CN¥8.77 The company is up 79% from its price of CN¥4.89 on 30 July 2020. The Chinese market is down 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Chemicals industry, which is up 3.0% over the same period. Announcement • Oct 16
Guangdong Silver Age Sci & Tech Co.,Ltd. to Report Q3, 2020 Results on Oct 17, 2020 Guangdong Silver Age Sci & Tech Co.,Ltd. announced that they will report Q3, 2020 results on Oct 17, 2020 Announcement • Aug 10
Guangdong Silver Age Sci & Tech Co.,Ltd. to Report First Half, 2020 Results on Aug 26, 2020 Guangdong Silver Age Sci & Tech Co.,Ltd. announced that they will report first half, 2020 results on Aug 26, 2020