Announcement • Jun 30
Jiangsu Boiln Plastics Co., Ltd. to Report First Half, 2026 Results on Aug 14, 2026 Jiangsu Boiln Plastics Co., Ltd. announced that they will report first half, 2026 results on Aug 14, 2026 Valuation Update With 7 Day Price Move • Jun 18
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to CN¥57.72, the stock trades at a trailing P/E ratio of 63.9x. Average trailing P/E is 49x in the Chemicals industry in China. Total returns to shareholders of 201% over the past three years. New Risk • Apr 22
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 0.4% 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 (8.5% average weekly change). Buy Or Sell Opportunity • Apr 22
Now 30% overvalued after recent price rise Over the last 90 days, the stock has risen 32% to CN¥63.48. The fair value is estimated to be CN¥48.82, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 9.4% over the last 3 years. Earnings per share has grown by 6.7%. Announcement • Mar 31
Jiangsu Boiln Plastics Co., Ltd. to Report Q1, 2026 Results on Apr 23, 2026 Jiangsu Boiln Plastics Co., Ltd. announced that they will report Q1, 2026 results on Apr 23, 2026 New Risk • Mar 31
New major risk - Revenue and earnings growth Earnings have declined by 0.4% 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 Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 145% Cash payout ratio: 133% Earnings have declined by 0.4% per year over the past 5 years. Reported Earnings • Mar 31
Full year 2025 earnings released: EPS: CN¥1.05 (vs CN¥1.45 in FY 2024) Full year 2025 results: EPS: CN¥1.05 (down from CN¥1.45 in FY 2024). Revenue: CN¥546.1m (down 15% from FY 2024). Net income: CN¥102.0m (down 28% from FY 2024). Profit margin: 19% (down from 22% in FY 2024). The decrease in margin was driven by lower revenue. 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 29% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Mar 31
Jiangsu Boiln Plastics Co., Ltd., Annual General Meeting, Apr 29, 2026 Jiangsu Boiln Plastics Co., Ltd., Annual General Meeting, Apr 29, 2026, at 14:00 China Standard Time. Location: No. 3-1, Chuangye Road, Jinfeng Town, Zhangjiagang, Jiangsu China Announcement • Dec 31
Jiangsu Boiln Plastics Co., Ltd. to Report Fiscal Year 2025 Results on Mar 31, 2026 Jiangsu Boiln Plastics Co., Ltd. announced that they will report fiscal year 2025 results on Mar 31, 2026 Buy Or Sell Opportunity • Dec 17
Now 22% overvalued after recent price rise Over the last 90 days, the stock has risen 11% to CN¥39.45. The fair value is estimated to be CN¥32.27, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 8.7% over the last 3 years. Earnings per share has grown by 7.3%. Buy Or Sell Opportunity • Nov 28
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 9.0% to CN¥39.00. The fair value is estimated to be CN¥32.20, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 8.7% over the last 3 years. Earnings per share has grown by 7.3%. Valuation Update With 7 Day Price Move • Nov 21
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to CN¥34.72, the stock trades at a trailing P/E ratio of 27.7x. Average trailing P/E is 44x in the Chemicals industry in China. Total returns to shareholders of 67% over the past three years. Buy Or Sell Opportunity • Oct 28
Now 20% overvalued after recent price rise Over the last 90 days, the stock has risen 17% to CN¥37.54. The fair value is estimated to be CN¥31.17, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 8.7% over the last 3 years. Earnings per share has grown by 7.3%. Announcement • Sep 30
Jiangsu Boiln Plastics Co., Ltd. to Report Q3, 2025 Results on Oct 28, 2025 Jiangsu Boiln Plastics Co., Ltd. announced that they will report Q3, 2025 results on Oct 28, 2025 Declared Dividend • Sep 17
First half dividend of CN¥0.30 announced Dividend of CN¥0.30 is the same as last year. Ex-date: 18th September 2025 Payment date: 18th September 2025 Dividend yield will be 4.8%, which is higher than the industry average of 2.6%. Sustainability & Growth Dividend is not covered by earnings (136% earnings payout ratio) nor is it covered by cash flows (116% cash payout ratio). The dividend has increased by an average of 11% per year over the past 4 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 51% to bring the payout ratio under control. However, EPS has declined by 2.5% over the last 5 years so the company would need to reverse this trend. Announcement • Sep 09
Jiangsu Boiln Plastics Co., Ltd. Approves Interim Profit Distribution Plan of Cash Dividend for 2025 Jiangsu Boiln Plastics Co., Ltd. at the Extraordinary General Meeting of 2025, held on 08 September 2025, approved 2025 interim profit distribution plan of cash dividend(tax included) of CNY 3.00000000 per 10 shares. Reported Earnings • Aug 22
Second quarter 2025 earnings released: EPS: CN¥0.25 (vs CN¥0.38 in 2Q 2024) Second quarter 2025 results: EPS: CN¥0.25 (down from CN¥0.38 in 2Q 2024). Revenue: CN¥137.2m (down 19% from 2Q 2024). Net income: CN¥23.7m (down 35% from 2Q 2024). Profit margin: 17% (down from 21% in 2Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 6% per year whereas the company’s share price has increased by 11% per year. Announcement • Aug 21
Jiangsu Boiln Plastics Co., Ltd. Proposes Interim Cash Dividend for the Year 2025 Jiangsu Boiln Plastics Co., Ltd. at its EGM, to be held on 08 September 2025, proposed interim cash dividend of CNY 3.00000000 per 10 shares (tax included) for the year 2025. Valuation Update With 7 Day Price Move • Aug 19
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to CN¥39.30, the stock trades at a trailing P/E ratio of 27.2x. Average trailing P/E is 44x in the Chemicals industry in China. Total returns to shareholders of 55% over the past three years. Valuation Update With 7 Day Price Move • Jul 17
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥34.51, the stock trades at a trailing P/E ratio of 23.9x. Average trailing P/E is 39x in the Chemicals industry in China. Total returns to shareholders of 33% over the past three years. Announcement • Jul 02
Jiangsu Boiln Plastics Co., Ltd. to Report First Half, 2025 Results on Aug 19, 2025 Jiangsu Boiln Plastics Co., Ltd. announced that they will report first half, 2025 results on Aug 19, 2025 Valuation Update With 7 Day Price Move • May 20
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to CN¥30.96, the stock trades at a trailing P/E ratio of 21.4x. Average trailing P/E is 37x in the Chemicals industry in China. Total returns to shareholders of 26% over the past three years. New Risk • May 03
New major risk - Revenue and earnings growth Earnings have declined by 0.06% 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 Risks Share price has been highly volatile over the past 3 months (11% average weekly change). Dividend is not well covered by earnings and cash flows. Payout ratio: 124% Cash payout ratio: 206% Earnings have declined by 0.06% per year over the past 5 years. Valuation Update With 7 Day Price Move • Apr 07
Investor sentiment deteriorates as stock falls 21% After last week's 21% share price decline to CN¥22.58, the stock trades at a trailing P/E ratio of 15.5x. Average trailing P/E is 37x in the Chemicals industry in China. Total loss to shareholders of 40% over the past three years. New Risk • Apr 03
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 9.9% 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 Risk Share price has been highly volatile over the past 3 months (9.9% average weekly change). Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Announcement • Mar 31
Jiangsu Boiln Plastics Co., Ltd. to Report Q1, 2025 Results on Apr 29, 2025 Jiangsu Boiln Plastics Co., Ltd. announced that they will report Q1, 2025 results on Apr 29, 2025 Reported Earnings • Mar 28
Full year 2024 earnings released: EPS: CN¥1.45 (vs CN¥1.17 in FY 2023) Full year 2024 results: EPS: CN¥1.45 (up from CN¥1.17 in FY 2023). Revenue: CN¥644.8m (up 27% from FY 2023). Net income: CN¥141.1m (up 22% from FY 2023). Profit margin: 22% (in line with FY 2023). Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has fallen by 10% per year, which means it is performing significantly worse than earnings. Announcement • Mar 28
Jiangsu Boiln Plastics Co., Ltd., Annual General Meeting, Apr 24, 2025 Jiangsu Boiln Plastics Co., Ltd., Annual General Meeting, Apr 24, 2025, at 14:00 China Standard Time. Location: The Company's Meeting Room, Zhangjiagang, Jiangsu China New Risk • Feb 27
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: Major Risk High level of non-cash earnings (23% accrual ratio). Minor Risks Dividend is not well covered by cash flows (273% cash payout ratio). Share price has been volatile over the past 3 months (8.9% average weekly change). Valuation Update With 7 Day Price Move • Feb 26
Investor sentiment improves as stock rises 24% After last week's 24% share price gain to CN¥28.14, the stock trades at a trailing P/E ratio of 20.6x. Average trailing P/E is 36x in the Chemicals industry in China. Total loss to shareholders of 17% over the past three years. Announcement • Jan 18
Jiangsu Boiln Plastics Co., Ltd. Approves Board Appointments Jiangsu Boiln Plastics Co., Ltd. at the Extraordinary General Meeting of 2025 on 16 January 2025 approved election and nomination of non-independent directors, cumulative voting system applicable: Li Xiaolong, non-independent director; Election and nomination of independent directors, cumulative voting system applicable: Huang Jingshan, independent director; Zhu Huaiqing, independent director. Announcement • Dec 31
Jiangsu Boiln Plastics Co., Ltd. to Report Fiscal Year 2024 Results on Mar 28, 2025 Jiangsu Boiln Plastics Co., Ltd. announced that they will report fiscal year 2024 results on Mar 28, 2025 Reported Earnings • Oct 24
Third quarter 2024 earnings released: EPS: CN¥0.32 (vs CN¥0.30 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.32 (up from CN¥0.30 in 3Q 2023). Revenue: CN¥167.1m (up 31% from 3Q 2023). Net income: CN¥31.3m (up 3.5% from 3Q 2023). Profit margin: 19% (down from 24% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 19% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Chemicals industry in China. Over the last 3 years on average, earnings per share has fallen by 8% per year and the company’s share price has also fallen by 8% per year. Announcement • Sep 30
Jiangsu Boiln Plastics Co., Ltd. to Report Q3, 2024 Results on Oct 24, 2024 Jiangsu Boiln Plastics Co., Ltd. announced that they will report Q3, 2024 results on Oct 24, 2024 Valuation Update With 7 Day Price Move • Sep 30
Investor sentiment improves as stock rises 25% After last week's 25% share price gain to CN¥23.19, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 16x in the Chemicals industry in China. Total loss to shareholders of 18% over the past three years. Announcement • Sep 10
Jiangsu Boiln Plastics Co., Ltd. Announces Dividend Implementation (Cash Only) for 2024, Payable on 13 September 2024 Jiangsu Boiln Plastics Co., Ltd. announced 2024 interim profit distribution plan to be implemented (A shares): Cash dividend/10 shares (tax included): CNY3.00000000. Record date: 12 September 2024; Ex-date: 13 September 2024; Payment date: 13 September 2024. Announcement • Aug 15
Jiangsu Boiln Plastics Co., Ltd. Proposes Interim Cash Dividend for the First Half of 2024 Jiangsu Boiln Plastics Co., Ltd. proposed cash dividend/10 shares (tax included) of CNY 3.00000000 for the first half of 2024. Reported Earnings • Aug 14
Second quarter 2024 earnings released: EPS: CN¥0.38 (vs CN¥0.31 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.38 (up from CN¥0.31 in 2Q 2023). Revenue: CN¥169.6m (up 30% from 2Q 2023). Net income: CN¥36.3m (up 19% from 2Q 2023). Profit margin: 21% (down from 23% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 19% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Chemicals industry in China. Over the last 3 years on average, earnings per share has fallen by 14% per year whereas the company’s share price has fallen by 17% per year. Announcement • Jun 29
Jiangsu Boiln Plastics Co., Ltd. to Report First Half, 2024 Results on Aug 14, 2024 Jiangsu Boiln Plastics Co., Ltd. announced that they will report first half, 2024 results on Aug 14, 2024 Reported Earnings • Apr 24
First quarter 2024 earnings released: EPS: CN¥0.33 (vs CN¥0.23 in 1Q 2023) First quarter 2024 results: EPS: CN¥0.33 (up from CN¥0.23 in 1Q 2023). Revenue: CN¥141.5m (up 35% from 1Q 2023). Net income: CN¥33.0m (up 45% from 1Q 2023). Profit margin: 23% (up from 22% in 1Q 2023). The increase in margin was driven by higher revenue. Announcement • Apr 10
Jiangsu Boiln Plastics Co., Ltd. Announces Final Cash Dividend on A Shares for the Year 2023, Payable on 17 April 2024 Jiangsu Boiln Plastics Co., Ltd. announced final cash dividend of CNY 6.00 per 10 shares on A shares for the year 2023. Record date: 16 April 2024, Ex-date: 17 April 2024 and Payment date: 17 April 2024. Announcement • Mar 30
Jiangsu Boiln Plastics Co., Ltd. to Report Q1, 2024 Results on Apr 24, 2024 Jiangsu Boiln Plastics Co., Ltd. announced that they will report Q1, 2024 results on Apr 24, 2024 Announcement • Mar 07
Jiangsu Boiln Plastics Co., Ltd., Annual General Meeting, Mar 27, 2024 Jiangsu Boiln Plastics Co., Ltd., Annual General Meeting, Mar 27, 2024, at 14:00 China Standard Time. Location: The Company's Meeting Room, Zhangjiagang, Jiangsu China Agenda: To 2023 work report of the board of directors; to 2023 work report of the supervisory committee; to 2023 annual accounts; to Reappointment of 2024 audit firm; to 2023 annual accounts; to Reappointment of 2024 audit firm; to Confirmation of 2023 remuneration for directors and senior management, and 2024 remuneration plan; to Confirmation of 2023 remuneration for supervisors and 2024 remuneration plan; to the Company's application for comprehensive credit line to banks; to consider Cash management with idle proprietary funds; and to discuss other matters. Reported Earnings • Mar 06
Full year 2023 earnings released: EPS: CN¥1.17 (vs CN¥1.15 in FY 2022) Full year 2023 results: EPS: CN¥1.17 (up from CN¥1.15 in FY 2022). Revenue: CN¥506.2m (down 2.0% from FY 2022). Net income: CN¥115.4m (up 1.7% from FY 2022). Profit margin: 23% (in line with FY 2022). Announcement • Feb 21
Jiangsu Boiln Plastics Co., Ltd. (SZSE:301003) announces an Equity Buyback for CNY 40 million worth of its shares. Jiangsu Boiln Plastics Co., Ltd. (SZSE:301003) announces a share repurchase program. Under the program, the comapny will repurchase up to CNY 40 million worth of its A common shares. The shares will be repurchased at a purchase price of CNY 25 per share. The shares repurchased will be used from employees’ shareholding plan or equity incentive plan. The program will valid for 12 months from approval by the Board of Directors. Valuation Update With 7 Day Price Move • Feb 06
Investor sentiment deteriorates as stock falls 23% After last week's 23% share price decline to CN¥15.65, the stock trades at a trailing P/E ratio of 15.4x. Average trailing P/E is 24x in the Chemicals industry in China. Total loss to shareholders of 43% over the past year. Valuation Update With 7 Day Price Move • Jan 23
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to CN¥20.53, the stock trades at a trailing P/E ratio of 20.3x. Average trailing P/E is 31x in the Chemicals industry in China. Total loss to shareholders of 17% over the past year. Announcement • Dec 30
Jiangsu Boiln Plastics Co., Ltd. to Report Fiscal Year 2023 Results on Mar 05, 2024 Jiangsu Boiln Plastics Co., Ltd. announced that they will report fiscal year 2023 results on Mar 05, 2024 Reported Earnings • Oct 25
Third quarter 2023 earnings released: EPS: CN¥0.30 (vs CN¥0.28 in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.30 (up from CN¥0.28 in 3Q 2022). Revenue: CN¥127.9m (up 23% from 3Q 2022). Net income: CN¥30.2m (up 13% from 3Q 2022). Profit margin: 24% (down from 26% in 3Q 2022). The decrease in margin was driven by higher expenses. Announcement • Sep 30
Jiangsu Boiln Plastics Co., Ltd. to Report Q3, 2023 Results on Oct 25, 2023 Jiangsu Boiln Plastics Co., Ltd. announced that they will report Q3, 2023 results on Oct 25, 2023 Reported Earnings • Jul 25
Second quarter 2023 earnings released: EPS: CN¥0.31 (vs CN¥0.36 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.31 (down from CN¥0.36 in 2Q 2022). Revenue: CN¥131.0m (down 4.3% from 2Q 2022). Net income: CN¥30.7m (down 15% from 2Q 2022). Profit margin: 23% (down from 26% in 2Q 2022). Announcement • Jul 01
Jiangsu Boiln Plastics Co., Ltd. to Report First Half, 2023 Results on Jul 25, 2023 Jiangsu Boiln Plastics Co., Ltd. announced that they will report first half, 2023 results on Jul 25, 2023 Announcement • May 06
Jiangsu Boiln Plastics Co., Ltd. Announces Final Cash Dividend on A Shares for the Year 2022, Payable on 11 May 2023 Jiangsu Boiln Plastics Co., Ltd. announced final cash dividend of CNY 3.00000000 per 10 shares (tax included) on A Shares for the year 2022. Record date: 10 May 2023, Ex-date: 11 May 2023 and Payment date: 11 May 2023. Reported Earnings • Mar 21
Full year 2022 earnings released: EPS: CN¥1.15 (vs CN¥1.52 in FY 2021) Full year 2022 results: EPS: CN¥1.15 (down from CN¥1.52 in FY 2021). Revenue: CN¥516.4m (down 26% from FY 2021). Net income: CN¥113.5m (down 16% from FY 2021). Profit margin: 22% (up from 19% in FY 2021). The increase in margin was driven by lower expenses. 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. 7 experienced directors. No highly experienced directors. 3 independent directors (4 non-independent directors). Independent Director Xiong Huang was the last independent director to join the board, commencing their role in 2018. 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¥0.28 (vs CN¥0.31 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.28 (down from CN¥0.31 in 3Q 2021). Revenue: CN¥104.2m (down 42% from 3Q 2021). Net income: CN¥26.8m (down 12% from 3Q 2021). Profit margin: 26% (up from 17% in 3Q 2021). The increase in margin was driven by lower expenses. Upcoming Dividend • Oct 06
Upcoming dividend of CN¥0.30 per share Eligible shareholders must have bought the stock before 13 October 2022. Payment date: 13 October 2022. Payout ratio is a comfortable 65% and the cash payout ratio is 92%. Trailing yield: 2.6%. Within top quartile of Chinese dividend payers (2.2%). Higher than average of industry peers (1.8%). Announcement • Sep 30
Jiangsu Boiln Plastics Co., Ltd. Announces Implementation of Interim Profit Distribution Plan of (A Share) for 2022 Jiangsu Boiln Plastics Co., Ltd. announced 2022 interim profit distribution plan to be implemented (A shares): Cash dividend/10 shares (tax included): CNY3.00000000. Record date: 12 October 2022, Ex-date: 13 October 2022, Payment date: 13 October 2022. Announcement • Sep 15
Jiangsu Boiln Plastics Co., Ltd. Approves Interim Cash Dividend for 2022 Jiangsu Boiln Plastics Co., Ltd. announced that at the Extraordinary General Meeting of 2022 held on 13 September 2022 approved interim Cash dividend/10 shares (tax included) of CNY 3.00000000 for 2022. Announcement • Aug 24
Jiangsu Boiln Plastics Co., Ltd. Proposes Cash Dividend for the First Half of 2022 Jiangsu Boiln Plastics Co., Ltd. proposed Cash dividend/10 shares (tax included) of CNY 3.00000000 for the first half of 2022. Reported Earnings • Aug 24
Second quarter 2022 earnings released: EPS: CN¥0.36 (vs CN¥0.43 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.36 (down from CN¥0.43 in 2Q 2021). Revenue: CN¥136.9m (down 29% from 2Q 2021). Net income: CN¥36.0m (down 16% from 2Q 2021). Profit margin: 26% (up from 22% in 2Q 2021). The increase in margin was driven by lower expenses. Buying Opportunity • May 13
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 3.5%. The fair value is estimated to be CN¥40.47, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 38% over the last year, while earnings per share has been flat. 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 not an independent director. The company's board is composed of: 1 new director. 7 experienced directors. No highly experienced directors. 3 independent directors (4 non-independent directors). Independent Director Xiong Huang was the last independent director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Valuation Update With 7 Day Price Move • Apr 14
Investor sentiment improved over the past week After last week's 17% share price gain to CN¥45.45, the stock trades at a trailing P/E ratio of 33.4x. Average trailing P/E is 28x in the Chemicals industry in China. Valuation Update With 7 Day Price Move • Mar 30
Investor sentiment improved over the past week After last week's 22% share price gain to CN¥73.31, the stock trades at a trailing P/E ratio of 31.6x. Average trailing P/E is 29x in the Chemicals industry in China. Announcement • Mar 03
Jiangsu Boiln Plastics Co., Ltd. Proposes Dividend for 2021 Jiangsu Boiln Plastics Co., Ltd. proposed Cash dividend/10 shares (tax included): CNY 10.00000000 for 2021. Reported Earnings • Mar 01
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: EPS: CN¥2.59 (up from CN¥2.54 in FY 2020). Revenue: CN¥701.6m (up 54% from FY 2020). Net income: CN¥135.0m (up 22% from FY 2020). Profit margin: 19% (down from 24% in FY 2020). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Reported Earnings • Oct 27
Third quarter 2021 earnings released: EPS CN¥0.52 (vs CN¥0.76 in 3Q 2020) The company reported a soft third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: CN¥178.4m (up 29% from 3Q 2020). Net income: CN¥30.5m (down 7.9% from 3Q 2020). Profit margin: 17% (down from 24% in 3Q 2020). The decrease in margin was driven by higher expenses. 
