Announcement • Jul 01
Rastar Environmental Protection Materials Co., Ltd. to Report First Half, 2026 Results on Aug 29, 2026 Rastar Environmental Protection Materials Co., Ltd. announced that they will report first half, 2026 results on Aug 29, 2026 New Risk • Apr 29
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: 3.8% Last year net profit margin: 5.8% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (13% average weekly change). Earnings have declined by 34% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (3.8% net profit margin). Reported Earnings • Apr 29
Full year 2025 earnings released: EPS: CN¥0.27 (vs CN¥0.51 in FY 2024) Full year 2025 results: EPS: CN¥0.27 (down from CN¥0.51 in FY 2024). Revenue: CN¥1.31b (down 22% from FY 2024). Net income: CN¥50.2m (down 48% from FY 2024). Profit margin: 3.8% (down from 5.8% in FY 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has increased by 15% per year, which means it is well ahead of earnings. Announcement • Apr 29
Rastar Environmental Protection Materials Co., Ltd., Annual General Meeting, May 20, 2026 Rastar Environmental Protection Materials Co., Ltd., Annual General Meeting, May 20, 2026, at 14:30 China Standard Time. Location: North Area, 20F, No. 1, Shanggang Road, East Coast New City, Longhu District, Shandong, Guangdong China New Risk • Mar 31
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 8.4% 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 Earnings have declined by 34% per year over the past 5 years. 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 (8.4% average weekly change). Announcement • Mar 31
Rastar Environmental Protection Materials Co., Ltd. to Report Q1, 2026 Results on Apr 29, 2026 Rastar Environmental Protection Materials Co., Ltd. announced that they will report Q1, 2026 results on Apr 29, 2026 Valuation Update With 7 Day Price Move • Mar 30
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to CN¥25.17, the stock trades at a trailing P/E ratio of 72.1x. Average trailing P/E is 46x in the Chemicals industry in China. Negligible returns to shareholders over past three years. Announcement • Mar 04
Rastar Environmental Protection Materials Co., Ltd. Approves Board Elections Rastar Environmental Protection Materials Co., Ltd. at the Extraordinary General Meeting of 2026 on 02 March 2026 approved election of non-independent directors, cumulative voting system applicable: Chen Yansheng, non-independent director; Election of independent directors, cumulative voting system applicable: Chen Xiuyan, independent director. Announcement • Dec 31
Rastar Environmental Protection Materials Co., Ltd. to Report Fiscal Year 2025 Results on Apr 29, 2026 Rastar Environmental Protection Materials Co., Ltd. announced that they will report fiscal year 2025 results on Apr 29, 2026 Announcement • Dec 30
Rastar Environmental Protection Materials Co., Ltd. (SZSE:300834) announces an Equity Buyback for CNY 100 million worth of its shares. Rastar Environmental Protection Materials Co.,Ltd. (SZSE:300834) announces a share repurchase program. Under the program, the company will repurchase up to CNY 100 million worth of its A shares. The shares will be repurchased at a price not more than CNY 34 per share. The purpose of repurchase program is to maintain company value and shareholder rights. The program will be funded from own funds. The authorization will be valid for a period of 12 months. Reported Earnings • Oct 30
Third quarter 2025 earnings released: EPS: CN¥0.07 (vs CN¥0.11 in 3Q 2024) Third quarter 2025 results: EPS: CN¥0.07 (down from CN¥0.11 in 3Q 2024). Revenue: CN¥334.3m (down 24% from 3Q 2024). Net income: CN¥13.6m (down 35% from 3Q 2024). Profit margin: 4.1% (down from 4.8% in 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 21% 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. Announcement • Sep 30
Rastar Environmental Protection Materials Co., Ltd. to Report Q3, 2025 Results on Oct 30, 2025 Rastar Environmental Protection Materials Co., Ltd. announced that they will report Q3, 2025 results on Oct 30, 2025 Announcement • Jul 02
Rastar Environmental Protection Materials Co., Ltd. to Report First Half, 2025 Results on Aug 29, 2025 Rastar Environmental Protection Materials Co., Ltd. announced that they will report first half, 2025 results on Aug 29, 2025 New Risk • Jun 10
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 8.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 35% per year over the past 5 years. Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (8.2% average weekly change). Valuation Update With 7 Day Price Move • Jun 09
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥24.38, the stock trades at a trailing P/E ratio of 49.1x. Average trailing P/E is 38x in the Chemicals industry in China. Total loss to shareholders of 14% over the past three years. Announcement • Jun 05
Rastar Environmental Protection Materials Co., Ltd. Approves Cash Dividend for the Year 2024 Rastar Environmental Protection Materials Co., Ltd. at its AGM held on 30 May 2025, approved Cash dividend/10 shares (tax included): CNY 2.60000000 for the year. Announcement • Apr 29
Rastar Environmental Protection Materials Co., Ltd., Annual General Meeting, May 30, 2025 Rastar Environmental Protection Materials Co., Ltd., Annual General Meeting, May 30, 2025, at 14:30 China Standard Time. Valuation Update With 7 Day Price Move • Apr 08
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to CN¥18.25, the stock trades at a trailing P/E ratio of 35.2x. Average trailing P/E is 33x in the Chemicals industry in China. Total loss to shareholders of 45% over the past three years. Announcement • Mar 31
Rastar Environmental Protection Materials Co., Ltd. to Report Q1, 2025 Results on Apr 29, 2025 Rastar Environmental Protection Materials Co., Ltd. announced that they will report Q1, 2025 results on Apr 29, 2025 Announcement • Dec 31
Rastar Environmental Protection Materials Co., Ltd. to Report Fiscal Year 2024 Results on Apr 29, 2025 Rastar Environmental Protection Materials Co., Ltd. announced that they will report fiscal year 2024 results on Apr 29, 2025 Reported Earnings • Oct 30
Third quarter 2024 earnings released: EPS: CN¥0.11 (vs CN¥0.12 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.11 (down from CN¥0.12 in 3Q 2023). Revenue: CN¥440.0m (up 1.4% from 3Q 2023). Net income: CN¥20.9m (down 11% from 3Q 2023). Profit margin: 4.8% (down from 5.4% in 3Q 2023). The decrease in margin was driven by higher expenses. Announcement • Sep 30
Rastar Environmental Protection Materials Co., Ltd. to Report Q3, 2024 Results on Oct 30, 2024 Rastar Environmental Protection Materials Co., Ltd. announced that they will report Q3, 2024 results on Oct 30, 2024 Valuation Update With 7 Day Price Move • Sep 30
Investor sentiment improves as stock rises 24% After last week's 24% share price gain to CN¥20.35, the stock trades at a trailing P/E ratio of 38.3x. Average trailing P/E is 30x in the Chemicals industry in China. Total loss to shareholders of 10% over the past year. Reported Earnings • Aug 13
Second quarter 2024 earnings released: EPS: CN¥0.15 (vs CN¥0.057 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.15 (up from CN¥0.057 in 2Q 2023). Revenue: CN¥463.6m (up 17% from 2Q 2023). Net income: CN¥28.1m (up 181% from 2Q 2023). Profit margin: 6.1% (up from 2.5% in 2Q 2023). The increase in margin was driven by higher revenue. Valuation Update With 7 Day Price Move • Jul 08
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to CN¥18.18, the stock trades at a trailing P/E ratio of 41.8x. Average trailing P/E is 29x in the Chemicals industry in China. Total loss to shareholders of 24% over the past year. Announcement • Jun 29
Rastar Environmental Protection Materials Co., Ltd. to Report First Half, 2024 Results on Aug 13, 2024 Rastar Environmental Protection Materials Co., Ltd. announced that they will report first half, 2024 results on Aug 13, 2024 Announcement • May 25
Rastar Environmental Protection Materials Co., Ltd. Announces Final Dividend on A Shares for the Year 2023, Payable on 31 May 2024 Rastar Environmental Protection Materials Co., Ltd. announced final cash dividend/10 shares (tax included) of CNY 2.00000000 on A shares for the year 2023. Record date is 30 May 2024. Ex-date is 31 May 2024. Payment date is 31 May 2024. Announcement • Apr 29
Rastar Environmental Protection Materials Co., Ltd., Annual General Meeting, May 20, 2024 Rastar Environmental Protection Materials Co., Ltd., Annual General Meeting, May 20, 2024, at 14:30 China Standard Time. Location: 2F, No. 37, Tongyang Road, Shantou Free Trade Zone, Shantou, Guangdong China Reported Earnings • Apr 27
First quarter 2024 earnings released: EPS: CN¥0.11 (vs CN¥0.10 in 1Q 2023) First quarter 2024 results: EPS: CN¥0.11 (up from CN¥0.10 in 1Q 2023). Revenue: CN¥363.5m (up 11% from 1Q 2023). Net income: CN¥22.0m (up 9.2% from 1Q 2023). Profit margin: 6.1% (down from 6.2% in 1Q 2023). The decrease in margin was driven by higher expenses. Announcement • Mar 30
Rastar Environmental Protection Materials Co., Ltd. to Report Q1, 2024 Results on Apr 27, 2024 Rastar Environmental Protection Materials Co., Ltd. announced that they will report Q1, 2024 results on Apr 27, 2024 Valuation Update With 7 Day Price Move • Feb 02
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to CN¥15.61, the stock trades at a trailing P/E ratio of 32.8x. Average trailing P/E is 28x in the Chemicals industry in China. Total loss to shareholders of 39% over the past year. Announcement • Dec 30
Rastar Environmental Protection Materials Co.,Ltd. to Report Fiscal Year 2023 Results on Mar 30, 2024 Rastar Environmental Protection Materials Co.,Ltd. announced that they will report fiscal year 2023 results on Mar 30, 2024 Reported Earnings • Oct 21
Third quarter 2023 earnings released: EPS: CN¥0.12 (vs CN¥0.081 in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.12 (up from CN¥0.081 in 3Q 2022). Revenue: CN¥434.1m (down 14% from 3Q 2022). Net income: CN¥23.4m (up 54% from 3Q 2022). Profit margin: 5.4% (up from 3.0% in 3Q 2022). The increase in margin was driven by lower expenses. Reported Earnings • Aug 30
Second quarter 2023 earnings released: EPS: CN¥0.057 (vs CN¥0.18 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.057 (down from CN¥0.18 in 2Q 2022). Revenue: CN¥394.9m (down 10.0% from 2Q 2022). Net income: CN¥10.0m (down 71% from 2Q 2022). Profit margin: 2.5% (down from 8.0% in 2Q 2022). The decrease in margin was driven by lower revenue. Upcoming Dividend • May 02
Upcoming dividend of CN¥0.35 per share at 1.4% yield Eligible shareholders must have bought the stock before 08 May 2023. Payment date: 08 May 2023. Payout ratio is a comfortable 63% but the company is not cash flow positive. Trailing yield: 1.4%. Lower than top quartile of Chinese dividend payers (2.0%). Lower than average of industry peers (1.9%). Reported Earnings • Apr 28
First quarter 2023 earnings released: EPS: CN¥0.10 (vs CN¥0.29 in 1Q 2022) First quarter 2023 results: EPS: CN¥0.10 (down from CN¥0.29 in 1Q 2022). Revenue: CN¥327.3m (down 27% from 1Q 2022). Net income: CN¥20.2m (down 61% from 1Q 2022). Profit margin: 6.2% (down from 12% in 1Q 2022). The decrease in margin was driven by lower revenue. Reported Earnings • Oct 28
Third quarter 2022 earnings released: EPS: CN¥0.081 (vs CN¥0.48 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.081 (down from CN¥0.48 in 3Q 2021). Revenue: CN¥501.9m (down 12% from 3Q 2021). Net income: CN¥15.2m (down 78% from 3Q 2021). Profit margin: 3.0% (down from 12% in 3Q 2021). The decrease in margin was driven by lower revenue. Reported Earnings • Aug 21
Second quarter 2022 earnings released: EPS: CN¥0.18 (vs CN¥0.55 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.18 (down from CN¥0.55 in 2Q 2021). Revenue: CN¥438.7m (down 5.7% from 2Q 2021). Net income: CN¥35.0m (down 56% from 2Q 2021). Profit margin: 8.0% (down from 17% in 2Q 2021). The decrease in margin was primarily driven by lower revenue. Over the next year, revenue is forecast to grow 50%, compared to a 41% growth forecast for the Chemicals industry in China. Buying Opportunity • Apr 21
Now 22% undervalued after recent price drop Over the last 90 days, the stock is down 29%. The fair value is estimated to be CN¥39.78, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Earnings per share has grown by 47%. Revenue is forecast to grow by 67% in 2 years. Earnings is forecast to grow by 44% in the next 2 years. Valuation Update With 7 Day Price Move • Apr 12
Investor sentiment deteriorated over the past week After last week's 16% share price decline to CN¥33.82, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 17x in the Chemicals industry in China. Announcement • Apr 01
Rastar Environmental Protection Materials Co.,Ltd. Announces Profit Distribution Plan for A Shares for 2021, Payable on April 8, 2022 Rastar Environmental Protection Materials Co.,Ltd. announced on 31 March 2022 the profit distribution proposal for A shares for 2021. Cash dividend/10 shares (tax included): CNY 22.00000000. Record Date is 7 April 2022, Ex-Date is 8 April 2022 and Payment date is 8 April 2022. Announcement • Mar 29
Rastar Environmental Protection Materials Co.,Ltd. Approves Cash Dividend for 2021 Rastar Environmental Protection Materials Co.,Ltd. approved the profit distribution plan for 2021 of cash dividend per 10 shares (tax included) of CNY 22.00000000 at its annual general meeting held on March 25, 2022. Announcement • Mar 10
Rastar Environmental Protection Materials Co.,Ltd. Proposes Final Cash Dividend for 2021 Rastar Environmental Protection Materials Co.,Ltd. announced on 7 March 2022 the profit distribution proposal for 2021 of cash dividend per 10 shares (tax included) of CNY 22.00000000. Reported Earnings • Mar 07
Full year 2021 earnings: EPS and revenues exceed analyst expectations Full year 2021 results: EPS: CN¥2.01 (up from CN¥1.52 in FY 2020). Revenue: CN¥1.98b (up 51% from FY 2020). Net income: CN¥292.1m (up 32% from FY 2020). Profit margin: 15% (down from 17% in FY 2020). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 1.4%. Earnings per share (EPS) also surpassed analyst estimates by 40%. Over the next year, revenue is forecast to grow 32%, compared to a 47% growth forecast for the industry in China.