Declared Dividend • Jun 08
Dividend of CN¥0.10 announced Dividend of CN¥0.10 is the same as last year. Ex-date: 9th June 2026 Payment date: 9th June 2026 Dividend yield will be 0.2%, which is lower than the industry average of 2.3%. Sustainability & Growth Dividend is covered by earnings (58% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has decreased over the past 46 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 206% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Announcement • Jun 05
Shandong Linuo Pharmaceutical Packaging Co., Ltd. Announces Final Cash Dividend on A Shares for the Year 2025, Payable on 9 June 2026 Shandong Linuo Pharmaceutical Packaging Co., Ltd. announced final cash dividend of CNY 1.00000000 per 10 shares (tax included) on A shares for the year 2025. Record date: 8 June 2026, Ex-date: 9 June 2026 and Payment date: 9 June 2026. Announcement • Apr 23
Shandong Linuo Pharmaceutical Packaging Co., Ltd. announced that it expects to receive CNY 300 million in funding Shandong Linuo Pharmaceutical Packaging Co., Ltd. announced a private placemen to A shares at an issue price not less than 80% of the average price in the 20 trading days before the pricing reference date for gross proceed of CNY 300,000,000 on April 21, 2026. The transaction has been approved in the 21st Meeting of the 4th Directorate and is subject to the Company’s Annual Shareholders Meeting of 2025 for approval. The shares cannot be transferred within 6 months from the issuance closing date. The transaction will include participation from not more than 35 investors. Reported Earnings • Apr 23
First quarter 2026 earnings released: EPS: CN¥0.17 (vs CN¥0.17 in 1Q 2025) First quarter 2026 results: EPS: CN¥0.17 (in line with 1Q 2025). Revenue: CN¥320.1m (up 16% from 1Q 2025). Net income: CN¥41.0m (up 1.2% from 1Q 2025). Profit margin: 13% (down from 15% in 1Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 24% p.a. on average during the next 2 years, compared to a 16% growth forecast for the Packaging industry in China. Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has increased by 12% per year, which means it is well ahead of earnings. Announcement • Apr 23
Shandong Linuo Pharmaceutical Packaging Co., Ltd., Annual General Meeting, May 13, 2026 Shandong Linuo Pharmaceutical Packaging Co., Ltd., Annual General Meeting, May 13, 2026, at 15:00 China Standard Time. Location: The Company's Meeting Room, Jinan, Shandong China Announcement • Apr 08
Nuode Fund Management Co., Ltd., Caitong Fund Management Co., Ltd., Jinxiu Zhonghe (Tianjin) Investment Management Co., Ltd. and Allianz Asset Management Co., Ltd acquired 2.99% stake in Shandong Linuo Pharmaceutical Packaging Co., Ltd. (SZSE:301188) from Linuo Investment Holding Group Co., Ltd. for approximately CNY 130 million. Nuode Fund Management Co., Ltd., Caitong Fund Management Co., Ltd., Jinxiu Zhonghe (Tianjin) Investment Management Co., Ltd. and Allianz Asset Management Co., Ltd acquired 2.99% stake in Shandong Linuo Pharmaceutical Packaging Co., Ltd. (SZSE:301188) from Linuo Investment Holding Group Co., Ltd. for approximately CNY 130 million on April 7, 2026. A cash consideration of CNY 125.52 million will be paid by Nuode Fund Management Co., Ltd., Caitong Fund Management Co., Ltd., Jinxiu Zhonghe (Tianjin) Investment Management Co., Ltd. and Allianz Asset Management Co., Ltd. After the acquisition Linuo Investment Holding Group Co., Ltd now holds 25.75% stake in Shandong Linuo Pharmaceutical Packaging Co., Ltd.
Nuode Fund Management Co., Ltd., Caitong Fund Management Co., Ltd., Jinxiu Zhonghe (Tianjin) Investment Management Co., Ltd. and Allianz Asset Management Co., Ltd completed the acquisition of 2.99% stake in Shandong Linuo Pharmaceutical Packaging Co., Ltd. (SZSE:301188) from Linuo Investment Holding Group Co., Ltd. on April 7, 2026. Announcement • Mar 31
Shandong Linuo Pharmaceutical Packaging Co., Ltd. to Report Q1, 2026 Results on Apr 23, 2026 Shandong Linuo Pharmaceutical Packaging Co., Ltd. announced that they will report Q1, 2026 results on Apr 23, 2026 Announcement • Dec 31
Shandong Linuo Pharmaceutical Packaging Co., Ltd. to Report Fiscal Year 2025 Results on Apr 23, 2026 Shandong Linuo Pharmaceutical Packaging Co., Ltd. announced that they will report fiscal year 2025 results on Apr 23, 2026 Board Change • Nov 05
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. 1 highly experienced director. Employee Representative Member of Supervisory Board Ji Sheng Xie is the most experienced director on the board, commencing their role in 2015. 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 04
Shandong Linuo Pharmaceutical Packaging Co., Ltd. Approves Board Elections Shandong Linuo Pharmaceutical Packaging Co., Ltd. announced at fourth extraordinary general meeting of 2025 held on 31 October 2025, the shareholders approved By-election of Gao Yuankun and Ma Yi as non-independent directors of the company. Reported Earnings • Oct 28
Third quarter 2025 earnings released: EPS: CN¥0.042 (vs CN¥0.08 in 3Q 2024) Third quarter 2025 results: EPS: CN¥0.042 (down from CN¥0.08 in 3Q 2024). Revenue: CN¥222.3m (down 18% from 3Q 2024). Net income: CN¥9.91m (down 48% from 3Q 2024). Profit margin: 4.5% (down from 7.1% in 3Q 2024). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 20% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Packaging industry in China. Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings. Announcement • Sep 30
Shandong Linuo Pharmaceutical Packaging Co., Ltd. to Report Q3, 2025 Results on Oct 28, 2025 Shandong Linuo Pharmaceutical Packaging Co., Ltd. announced that they will report Q3, 2025 results on Oct 28, 2025 New Risk • Aug 25
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 43% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. 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 • Aug 22
Second quarter 2025 earnings released: EPS: CN¥0.002 (vs CN¥0.11 in 2Q 2024) Second quarter 2025 results: EPS: CN¥0.002 (down from CN¥0.11 in 2Q 2024). Revenue: CN¥222.7m (down 24% from 2Q 2024). Net income: CN¥443.6k (down 98% from 2Q 2024). Profit margin: 0.2% (down from 9.0% in 2Q 2024). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Packaging industry in China. Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Aug 20
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to CN¥21.18, the stock trades at a forward P/E ratio of 37x. Average forward P/E is 36x in the Packaging industry in China. Total returns to shareholders of 28% over the past three years. New Risk • Jul 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 6.9% 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. This is currently the only risk that has been identified for the company. Announcement • Jul 02
Shandong Linuo Pharmaceutical Packaging Co., Ltd. to Report First Half, 2025 Results on Aug 21, 2025 Shandong Linuo Pharmaceutical Packaging Co., Ltd. announced that they will report first half, 2025 results on Aug 21, 2025 Declared Dividend • May 26
Dividend of CN¥0.10 announced Dividend of CN¥0.10 is the same as last year. Ex-date: 29th May 2025 Payment date: 29th May 2025 Dividend yield will be 0.5%, which is lower than the industry average of 2.3%. Sustainability & Growth Dividend is covered by earnings (28% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has decreased over the past 36 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 129% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Valuation Update With 7 Day Price Move • May 19
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to CN¥21.16, the stock trades at a forward P/E ratio of 37x. Average forward P/E is 25x in the Packaging industry in China. Total returns to shareholders of 33% over the past three years. New Risk • May 03
New major risk - Revenue and earnings growth Earnings have declined by 11% 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 Risk Earnings have declined by 11% per year over the past 5 years. Minor Risk Paying a dividend despite having no free cash flows. Reported Earnings • Apr 27
Third quarter 2024 earnings released: EPS: CN¥0.08 (vs CN¥0.059 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.08 (up from CN¥0.059 in 3Q 2023). Revenue: CN¥270.1m (up 18% from 3Q 2023). Net income: CN¥19.2m (up 42% from 3Q 2023). Profit margin: 7.1% (up from 5.9% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 29% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Packaging industry in China. Over the last 3 years on average, earnings per share has fallen by 32% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings. Announcement • Apr 25
Shandong Linuo Pharmaceutical Packaging Co., Ltd., Annual General Meeting, May 15, 2025 Shandong Linuo Pharmaceutical Packaging Co., Ltd., Annual General Meeting, May 15, 2025, at 14:40 China Standard Time. Location: The Company's Meeting Room, Jinan, Shandong China Announcement • Mar 31
Shandong Linuo Pharmaceutical Packaging Co., Ltd. to Report Q1, 2025 Results on Apr 25, 2025 Shandong Linuo Pharmaceutical Packaging Co., Ltd. announced that they will report Q1, 2025 results on Apr 25, 2025 Announcement • Feb 10
Shandong Linuo Pharmaceutical Packaging Co., Ltd. (SZSE:301188) announces an Equity Buyback for CNY 100 million worth of its shares. Shandong Linuo Pharmaceutical Packaging Co., Ltd. (SZSE:301188) announces a share repurchase program. Under the program, the company will repurchase up to CNY 100 million worth of its shares. The shares will be purchased at a price not exceeding CNY 22 per share. The repurchased shares will be used for employee stock ownership plans or equity incentive plans. The program will be funded from company's own funds and special loans. The program will be valid for 12 months. Announcement • Dec 31
Shandong Linuo Pharmaceutical Packaging Co., Ltd. to Report Fiscal Year 2024 Results on Apr 25, 2025 Shandong Linuo Pharmaceutical Packaging Co., Ltd. announced that they will report fiscal year 2024 results on Apr 25, 2025 Major Estimate Revision • Nov 06
Consensus EPS estimates fall by 16% The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from CN¥1.29b to CN¥1.27b. EPS estimate also fell from CN¥0.703 per share to CN¥0.588 per share. Net income forecast to grow 126% next year vs 52% growth forecast for Packaging industry in China. Consensus price target down from CN¥20.00 to CN¥17.00. Share price fell 2.1% to CN¥14.80 over the past week. Reported Earnings • Oct 25
Third quarter 2024 earnings released: EPS: CN¥0.08 (vs CN¥0.059 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.08 (up from CN¥0.059 in 3Q 2023). Revenue: CN¥270.1m (up 18% from 3Q 2023). Net income: CN¥19.2m (up 42% from 3Q 2023). Profit margin: 7.1% (up from 5.9% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 24% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Packaging industry in China. Announcement • Sep 30
Shandong Linuo Technical Glass Co.,Ltd. to Report Q3, 2024 Results on Oct 25, 2024 Shandong Linuo Technical Glass Co.,Ltd. announced that they will report Q3, 2024 results on Oct 25, 2024 Valuation Update With 7 Day Price Move • Sep 30
Investor sentiment improves as stock rises 32% After last week's 32% share price gain to CN¥15.26, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 19x in the Packaging industry in China. Total returns to shareholders of 20% over the past year. Simply Wall St's valuation model estimates the intrinsic value at CN¥7.21 per share. Valuation Update With 7 Day Price Move • Aug 22
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to CN¥11.44, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 16x in the Packaging industry in China. Total loss to shareholders of 9.8% over the past year. Simply Wall St's valuation model estimates the intrinsic value at CN¥7.14 per share. Reported Earnings • Aug 16
Second quarter 2024 earnings released: EPS: CN¥0.11 (vs CN¥0.071 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.11 (up from CN¥0.071 in 2Q 2023). Revenue: CN¥293.8m (up 24% from 2Q 2023). Net income: CN¥26.5m (up 54% from 2Q 2023). Profit margin: 9.0% (up from 7.3% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 23% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Packaging industry in China. Announcement • Jun 29
Shandong Linuo Technical Glass Co.,Ltd. to Report First Half, 2024 Results on Aug 16, 2024 Shandong Linuo Technical Glass Co.,Ltd. announced that they will report first half, 2024 results on Aug 16, 2024 Declared Dividend • May 31
Dividend reduced to CN¥0.10 Dividend of CN¥0.10 is 50% lower than last year. Ex-date: 4th June 2024 Payment date: 4th June 2024 Dividend yield will be 0.6%, which is lower than the industry average of 2.3%. Sustainability & Growth Dividend is covered by earnings (35% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has decreased over the past 26 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 189% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Announcement • May 30
Shandong Linuo Technical Glass Co.,Ltd. Announces Final Dividend on A Shares for the Year 2023, Payable on June 4, 2024 Shandong Linuo Technical Glass Co.,Ltd. announced final cash dividend/10 shares (tax included) of CNY 1.00000000 on A shares for the year 2023. Record date is June 3, 2024. Ex-date is June 4, 2024. Payment date is June 4, 2024. Major Estimate Revision • May 25
Consensus EPS estimates fall by 16% The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from CN¥1.37b to CN¥1.30b. EPS estimate also fell from CN¥0.86 per share to CN¥0.723 per share. Net income forecast to grow 155% next year vs 44% growth forecast for Packaging industry in China. Consensus price target of CN¥20.00 unchanged from last update. Share price fell 3.3% to CN¥17.74 over the past week. Valuation Update With 7 Day Price Move • May 03
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to CN¥17.77, the stock trades at a forward P/E ratio of 29x. Average forward P/E is 16x in the Packaging industry in China. Total loss to shareholders of 10.0% over the past year. Announcement • Apr 30
Shandong Linuo Technical Glass Co.,Ltd., Annual General Meeting, May 21, 2024 Shandong Linuo Technical Glass Co.,Ltd., Annual General Meeting, May 21, 2024, at 14:40 China Standard Time. Location: The Company's Meeting Room, Jinan, Shandong China Valuation Update With 7 Day Price Move • Apr 16
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to CN¥14.20, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 17x in the Packaging industry in China. Total loss to shareholders of 26% over the past year. Announcement • Mar 30
Shandong Linuo Technical Glass Co.,Ltd. to Report Q1, 2024 Results on Apr 29, 2024 Shandong Linuo Technical Glass Co.,Ltd. announced that they will report Q1, 2024 results on Apr 29, 2024 Valuation Update With 7 Day Price Move • Feb 02
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to CN¥14.10, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 16x in the Packaging industry in China. Total loss to shareholders of 24% over the past year. New Risk • Jan 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 6.6% 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. 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 (6.6% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (8.9% net profit margin). Announcement • Jan 21
Linuo Technical Glass to Buy 51% Stake in The European Ampoules Company Shandong Linuo Technical Glass Co.,Ltd. (SZSE:301188) said it plans to buy 51% stake in The European Ampoules Company, transaction price to be determined. Announcement • Jan 19
Shandong Linuo Technical Glass Co.,Ltd. (SZSE:301188) announces an Equity Buyback for CNY 60 million worth of its shares. Shandong Linuo Technical Glass Co.,Ltd. (SZSE:301188) announces a share repurchase program. Under the program, the company will repurchase up to CNY 60 million worth of its shares. The shares will be repurchased at no more than CNY 22 per share. The purpose of the program is to use shares for ESOP or equity incentives. The program will be valid for 12 months. Announcement • Dec 30
Shandong Linuo Technical Glass Co.,Ltd. to Report Fiscal Year 2023 Results on Apr 29, 2024 Shandong Linuo Technical Glass Co.,Ltd. announced that they will report fiscal year 2023 results on Apr 29, 2024 Major Estimate Revision • Dec 21
Consensus EPS estimates fall by 30% The consensus outlook for earnings per share (EPS) in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from CN¥1.02b to CN¥972.5m. EPS estimate also fell from CN¥0.527 per share to CN¥0.37 per share. Net income forecast to grow 65% next year vs 60% growth forecast for Packaging industry in China. Consensus price target of CN¥17.00 unchanged from last update. Share price fell 3.1% to CN¥17.45 over the past week. New Risk • Nov 21
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 6.3% 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 Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (6.3% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (8.9% net profit margin). New Risk • Nov 09
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 29% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. 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. Profit margins are more than 30% lower than last year (8.9% net profit margin). Valuation Update With 7 Day Price Move • Nov 08
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to CN¥14.50, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 18x in the Packaging industry in China. Total loss to shareholders of 4.3% over the past year. Simply Wall St's valuation model estimates the intrinsic value at CN¥6.49 per share. Price Target Changed • Nov 04
Price target decreased by 23% to CN¥17.00 Down from CN¥22.00, the current price target is provided by 1 analyst. New target price is 35% above last closing price of CN¥12.55. Stock is down 18% over the past year. The company is forecast to post earnings per share of CN¥0.61 for next year compared to CN¥0.50 last year. Reported Earnings • Nov 01
Third quarter 2023 earnings released: EPS: CN¥0.059 (vs CN¥0.10 in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.059 (down from CN¥0.10 in 3Q 2022). Revenue: CN¥229.4m (up 18% from 3Q 2022). Net income: CN¥13.5m (down 46% from 3Q 2022). Profit margin: 5.9% (down from 13% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 28% p.a. on average during the next 3 years, compared to a 19% growth forecast for the Packaging industry in China. Announcement • Sep 30
Shandong Linuo Technical Glass Co.,Ltd. to Report Q3, 2023 Results on Oct 30, 2023 Shandong Linuo Technical Glass Co.,Ltd. announced that they will report Q3, 2023 results on Oct 30, 2023 Reported Earnings • Aug 30
Second quarter 2023 earnings released: EPS: CN¥0.071 (vs CN¥0.14 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.071 (down from CN¥0.14 in 2Q 2022). Revenue: CN¥237.6m (up 27% from 2Q 2022). Net income: CN¥17.2m (down 43% from 2Q 2022). Profit margin: 7.3% (down from 16% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 27% p.a. on average during the next 3 years, compared to a 19% growth forecast for the Packaging industry in China. Announcement • May 21
Shandong Linuo Technical Glass Co.,Ltd. Approves Cash Dividend for 2022 Shandong Linuo Technical Glass Co.,Ltd. at its Annual General Meeting of 2022 held on 18 May 2023, approved cash dividend/10 shares (tax included): CNY 2.00000000. Reported Earnings • Apr 28
First quarter 2023 earnings released: EPS: CN¥0.10 (vs CN¥0.13 in 1Q 2022) First quarter 2023 results: EPS: CN¥0.10 (down from CN¥0.13 in 1Q 2022). Revenue: CN¥224.4m (up 19% from 1Q 2022). Net income: CN¥22.9m (down 27% from 1Q 2022). Profit margin: 10% (down from 17% in 1Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 27% p.a. on average during the next 2 years, compared to a 21% growth forecast for the Packaging industry in China. Valuation Update With 7 Day Price Move • Feb 01
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to CN¥18.67, the stock trades at a forward P/E ratio of 26x. Average forward P/E is 17x in the Packaging industry in China. Total loss to shareholders of 5.2% over the past year. Valuation Update With 7 Day Price Move • Jan 09
Investor sentiment improved over the past week After last week's 17% share price gain to CN¥15.90, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 17x in the Packaging industry in China. Total loss to shareholders of 35% over the past year. Reported Earnings • Oct 27
Third quarter 2022 earnings released: EPS: CN¥0.10 (vs CN¥0.19 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.10 (down from CN¥0.19 in 3Q 2021). Revenue: CN¥193.7m (down 8.1% from 3Q 2021). Net income: CN¥24.9m (down 24% from 3Q 2021). Profit margin: 13% (down from 16% in 3Q 2021). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 22% p.a. on average during the next 3 years, compared to a 19% growth forecast for the Packaging industry in China. Reported Earnings • Aug 24
Second quarter 2022 earnings released: EPS: CN¥0.14 (vs CN¥0.21 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.14 (down from CN¥0.21 in 2Q 2021). Revenue: CN¥186.9m (down 17% from 2Q 2021). Net income: CN¥30.4m (down 18% from 2Q 2021). Profit margin: 16% (in line with 2Q 2021). Over the next year, revenue is forecast to grow 56%, compared to a 32% growth forecast for the Packaging industry in China. Announcement • May 26
Shandong Linuo Technical Glass Co.,Ltd. Implements Final Cash Dividend for the Year 2021, Payable on May 31, 2022 Shandong Linuo Technical Glass Co.,Ltd. implemented final cash dividend (A shares) of CNY 2.00000000 per ten shares (tax included) for the year 2021. With an record date of May 30, 2022, ex-dividend date of May 31, 2022 and payment date of May 31, 2022. Announcement • May 13
Shandong Linuo Technical Glass Co.,Ltd. Approves Cash Dividend for the Year 2021 Shandong Linuo Technical Glass Co.,Ltd. approved cash dividend/10 shares (tax included) of CNY 2.00000000 for the year 2021 at its Annual General Meeting held on 10 May 2022. Announcement • Apr 22
Shandong Linuo Technical Glass Co.,Ltd. Proposes Cash Dividend for the Year 2021 Shandong Linuo Technical Glass Co.,Ltd. proposed cash dividend of CNY 2.00 per 10 shares (tax included) for the year 2021. Valuation Update With 7 Day Price Move • Apr 11
Investor sentiment deteriorated over the past week After last week's 15% share price decline to CN¥18.00, the stock trades at a forward P/E ratio of 25x. Average forward P/E is 15x in the Packaging industry in China. Valuation Update With 7 Day Price Move • Mar 22
Investor sentiment improved over the past week After last week's 17% share price gain to CN¥22.34, the stock trades at a forward P/E ratio of 31x. Average forward P/E is 18x in the Packaging industry in China. Reported Earnings • Feb 21
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: EPS: CN¥0.70 (up from CN¥0.52 in FY 2020). Revenue: CN¥888.9m (up 35% from FY 2020). Net income: CN¥124.9m (up 38% from FY 2020). Profit margin: 14% (in line with FY 2020). Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 31%, compared to a 23% growth forecast for the industry in China. Valuation Update With 7 Day Price Move • Jan 25
Investor sentiment deteriorated over the past week After last week's 16% share price decline to CN¥20.39, the stock trades at a trailing P/E ratio of 39x. Average trailing P/E is 35x in the Packaging industry in China.