Declared Dividend • May 23
Dividend of CN¥0.30 announced Shareholders will receive a dividend of CN¥0.30. Ex-date: 28th May 2026 Payment date: 28th May 2026 Dividend yield will be 0.4%, which is lower than the industry average of 2.6%. Sustainability & Growth Dividend is covered by earnings (38% earnings payout ratio) but not covered by cash flows (275% cash payout ratio). The dividend has increased by an average of 26% per year over the past 3 years. However, payments have been volatile during that time. Earnings per share has grown by 6.3% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Reported Earnings • Apr 17
Full year 2025 earnings released: EPS: CN¥1.27 (vs CN¥1.24 in FY 2024) Full year 2025 results: EPS: CN¥1.27 (up from CN¥1.24 in FY 2024). Revenue: CN¥500.3m (up 4.5% from FY 2024). Net income: CN¥137.2m (up 1.7% from FY 2024). Profit margin: 27% (in line with FY 2024). Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has increased by 44% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Apr 16
GuangZhou LingWe Technology Co., Ltd., Annual General Meeting, May 08, 2026 GuangZhou LingWe Technology Co., Ltd., Annual General Meeting, May 08, 2026, at 15:00 China Standard Time. Location: The Company's Meeting Room, Guangzhou, Guangdong China Valuation Update With 7 Day Price Move • Apr 07
Investor sentiment improves as stock rises 27% After last week's 27% share price gain to CN¥82.86, the stock trades at a trailing P/E ratio of 63x. Average trailing P/E is 45x in the Chemicals industry in China. Total returns to shareholders of 156% over the past three years. Announcement • Mar 31
GuangZhou LingWe Technology Co., Ltd. to Report Q1, 2026 Results on Apr 24, 2026 GuangZhou LingWe Technology Co., Ltd. announced that they will report Q1, 2026 results on Apr 24, 2026 Valuation Update With 7 Day Price Move • Mar 12
Investor sentiment improves as stock rises 25% After last week's 25% share price gain to CN¥73.03, the stock trades at a forward P/E ratio of 42x. Average forward P/E is 24x in the Chemicals industry in China. Total returns to shareholders of 123% over the past three years. New Risk • Feb 26
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 7.5% 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: Minor Risks Dividend is not well covered by cash flows (130% cash payout ratio). Share price has been volatile over the past 3 months (7.5% average weekly change). Valuation Update With 7 Day Price Move • Feb 25
Investor sentiment improves as stock rises 24% After last week's 24% share price gain to CN¥44.26, the stock trades at a forward P/E ratio of 26x. Average forward P/E is 27x in the Chemicals industry in China. Total returns to shareholders of 22% over the past three years. Announcement • Dec 31
GuangZhou LingWe Technology Co., Ltd. to Report Fiscal Year 2025 Results on Apr 16, 2026 GuangZhou LingWe Technology Co., Ltd. announced that they will report fiscal year 2025 results on Apr 16, 2026 Reported Earnings • Oct 28
Third quarter 2025 earnings released: EPS: CN¥0.35 (vs CN¥0.32 in 3Q 2024) Third quarter 2025 results: EPS: CN¥0.35 (up from CN¥0.32 in 3Q 2024). Revenue: CN¥139.1m (up 8.5% from 3Q 2024). Net income: CN¥38.0m (up 11% from 3Q 2024). Profit margin: 27% (in line with 3Q 2024). Revenue is forecast to grow 20% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Chemicals industry in China. Announcement • Sep 30
GuangZhou LingWe Technology Co., Ltd. to Report Q3, 2025 Results on Oct 23, 2025 GuangZhou LingWe Technology Co., Ltd. announced that they will report Q3, 2025 results on Oct 23, 2025 Announcement • Aug 27
Guangzhou Lingwe Technology Co., Ltd. Proposes Interim Cash Dividend for the Year 2025 GuangZhou LingWe Technology Co., Ltd. at 2nd Extraordinary General Meeting of 2025 on 11 September 2025, proposes 2025 interim profit distribution of Cash dividend/10 shares (tax included): CNY 2.00000000. Valuation Update With 7 Day Price Move • Aug 08
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥38.80, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 23x in the Chemicals industry in China. Total returns to shareholders of 82% over the past year. Simply Wall St's valuation model estimates the intrinsic value at CN¥16.31 per share. New Risk • Jul 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 7.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by cash flows (110% cash payout ratio). Share price has been volatile over the past 3 months (7.0% average weekly change). Announcement • Jul 02
GuangZhou LingWe Technology Co., Ltd. to Report First Half, 2025 Results on Aug 26, 2025 GuangZhou LingWe Technology Co., Ltd. announced that they will report first half, 2025 results on Aug 26, 2025 Valuation Update With 7 Day Price Move • Jul 01
Investor sentiment improves as stock rises 22% After last week's 22% share price gain to CN¥35.12, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 22x in the Chemicals industry in China. Total returns to shareholders of 57% over the past year. Simply Wall St's valuation model estimates the intrinsic value at CN¥15.95 per share. Declared Dividend • May 24
Dividend of CN¥0.50 announced Shareholders will receive a dividend of CN¥0.50. Ex-date: 29th May 2025 Payment date: 29th May 2025 Dividend yield will be 1.7%, which is lower than the industry average of 2.6%. Sustainability & Growth Dividend is covered by earnings (40% earnings payout ratio) but not covered by cash flows (110% cash payout ratio). The dividend has increased by an average of 29% per year over the past 2 years and payments have been stable during that time. EPS is expected to grow by 85% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Announcement • Apr 18
Guangzhou Lingwe Technology Co., Ltd. Proposes Final Dividend for the Year 2024 GuangZhou LingWe Technology Co., Ltd. announced on 17 April 2025 the profit distribution proposal for 2024 as Cash dividend/10 shares (tax included): CNY 5.00000000. Reported Earnings • Apr 17
Full year 2024 earnings released: EPS: CN¥1.24 (vs CN¥1.18 in FY 2023) Full year 2024 results: EPS: CN¥1.24 (up from CN¥1.18 in FY 2023). Revenue: CN¥478.9m (up 2.8% from FY 2023). Net income: CN¥134.9m (up 8.0% from FY 2023). Profit margin: 28% (up from 27% in FY 2023). Revenue is forecast to grow 23% p.a. on average during the next 2 years, compared to a 15% growth forecast for the Chemicals industry in China. Announcement • Apr 17
GuangZhou LingWe Technology Co., Ltd., Annual General Meeting, May 08, 2025 GuangZhou LingWe Technology Co., Ltd., Annual General Meeting, May 08, 2025, at 15:00 China Standard Time. Location: The Company Headquarters' Meeting Room, Guangzhou, Guangdong China Announcement • Mar 31
GuangZhou LingWe Technology Co., Ltd. to Report Q1, 2025 Results on Apr 24, 2025 GuangZhou LingWe Technology Co., Ltd. announced that they will report Q1, 2025 results on Apr 24, 2025 Buy Or Sell Opportunity • Mar 12
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 6.8% to CN¥30.20. The fair value is estimated to be CN¥24.96, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 6.4% over the last 3 years. Earnings per share has grown by 10%. Revenue is forecast to grow by 60% in 2 years. Earnings are forecast to grow by 45% in the next 2 years. Board Change • Mar 01
High number of new and inexperienced directors There are 6 new directors who have joined the board in the last 3 years. The company's board is composed of: 6 new directors. 1 experienced director. 2 highly experienced directors. Non-Independent Director Zhihua Peng is the most experienced director on the board, commencing their role in 2016. 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 • Feb 15
Guangzhou Lingwe Technology Co., Ltd. Announces Director Appointments GuangZhou LingWe Technology Co., Ltd. held its 1st Extraordinary General Meeting of 2025 on 13 February 2025, during which the following proposal(s) was/were approved: Election of independent directors: Cheng Qunshan, independent director;Li Hongxi, independent director;Liu Huifen, independent director. Hu Yingni was appointed as a non-independent director. Announcement • Dec 31
GuangZhou LingWe Technology Co., Ltd. to Report Fiscal Year 2024 Results on Apr 17, 2025 GuangZhou LingWe Technology Co., Ltd. announced that they will report fiscal year 2024 results on Apr 17, 2025 Reported Earnings • Oct 24
Third quarter 2024 earnings released: EPS: CN¥0.32 (vs CN¥0.32 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.32. Revenue: CN¥128.2m (down 5.8% from 3Q 2023). Net income: CN¥34.2m (down 2.4% from 3Q 2023). Profit margin: 27% (in line with 3Q 2023). Revenue is forecast to grow 25% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Chemicals industry in China. Announcement • Sep 30
GuangZhou LingWe Technology Co., Ltd. to Report Q3, 2024 Results on Oct 24, 2024 GuangZhou LingWe Technology 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 27% After last week's 27% share price gain to CN¥25.35, the stock trades at a trailing P/E ratio of 20.9x. Average forward P/E is 16x in the Chemicals industry in China. Total loss to shareholders of 15% over the past year. Reported Earnings • Aug 28
Second quarter 2024 earnings released: EPS: CN¥0.29 (vs CN¥0.27 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.29 (up from CN¥0.27 in 2Q 2023). Revenue: CN¥115.7m (flat on 2Q 2023). Net income: CN¥31.7m (up 7.2% from 2Q 2023). Profit margin: 27% (up from 26% in 2Q 2023). Revenue is forecast to grow 21% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Chemicals industry in China. Announcement • Jun 29
GuangZhou LingWe Technology Co., Ltd. to Report First Half, 2024 Results on Aug 28, 2024 GuangZhou LingWe Technology Co., Ltd. announced that they will report first half, 2024 results on Aug 28, 2024 Announcement • Apr 23
GuangZhou LingWe Technology Co., Ltd., Annual General Meeting, May 13, 2024 GuangZhou LingWe Technology Co., Ltd., Annual General Meeting, May 13, 2024, at 14:30 China Standard Time. Location: The Company Headquarters' Meeting Room, Guangzhou, Guangdong China Reported Earnings • Apr 22
Full year 2023 earnings released: EPS: CN¥1.18 (vs CN¥1.12 in FY 2022) Full year 2023 results: EPS: CN¥1.18 (up from CN¥1.12 in FY 2022). Revenue: CN¥465.9m (up 16% from FY 2022). Net income: CN¥124.9m (up 37% from FY 2022). Profit margin: 27% (up from 23% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 24% p.a. on average during the next 2 years, compared to a 16% growth forecast for the Chemicals industry in China. Announcement • Mar 30
GuangZhou LingWe Technology Co., Ltd. to Report Q1, 2024 Results on Apr 26, 2024 GuangZhou LingWe Technology Co., Ltd. announced that they will report Q1, 2024 results on Apr 26, 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¥21.32, the stock trades at a trailing P/E ratio of 20.6x. Average forward P/E is 13x in the Chemicals industry in China. Announcement • Dec 30
GuangZhou LingWe Technology Co., Ltd. to Report Fiscal Year 2023 Results on Apr 22, 2024 GuangZhou LingWe Technology Co., Ltd. announced that they will report fiscal year 2023 results on Apr 22, 2024 Reported Earnings • Oct 24
Third quarter 2023 earnings released: EPS: CN¥0.32 (vs CN¥0.28 in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.32 (up from CN¥0.28 in 3Q 2022). Revenue: CN¥136.2m (up 30% from 3Q 2022). Net income: CN¥35.1m (up 51% from 3Q 2022). Profit margin: 26% (up from 22% in 3Q 2022). The increase in margin was driven by higher revenue. Revenue is expected to decline by 20% p.a. on average during the next 3 years, while revenues in the Chemicals industry in China are expected to grow by 19%. Announcement • Sep 13
GuangZhou LingWe Technology Co., Ltd. Approves Interim Cash Dividend for the Year 2023 GuangZhou LingWe Technology Co., Ltd. at its EGM held on September 11, 2023 approved interim cash dividend of 3.00 per 10 shares for the year 2023. Announcement • Aug 26
GuangZhou LingWe Technology Co., Ltd. Proposes Cash Dividend for the First Half of 2023 GuangZhou LingWe Technology Co., Ltd. proposed cash dividend of CNY 3.0000000 per ten shares (tax included) for the first half of 2023. Reported Earnings • Aug 25
Second quarter 2023 earnings released Second quarter 2023 results: EPS: CN¥0.27. Net income: CN¥29.5m (up CN¥29.5m from 2Q 2022). Revenue is forecast to grow 28% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Chemicals industry in China. Reported Earnings • Apr 18
Full year 2022 earnings: EPS exceeds analyst expectations Full year 2022 results: EPS: CN¥1.12 (up from CN¥0.83 in FY 2021). Revenue: CN¥401.2m (down 1.9% from FY 2021). Net income: CN¥91.0m (up 35% from FY 2021). Profit margin: 23% (up from 17% in FY 2021). The increase in margin was driven by lower expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 27%. Revenue is forecast to grow 28% p.a. on average during the next 2 years, compared to a 18% growth forecast for the Chemicals industry in China. 
