Announcement • Jul 01
Renxin New Material Co.,Ltd. to Report First Half, 2026 Results on Aug 27, 2026 Renxin New Material Co.,Ltd. announced that they will report first half, 2026 results on Aug 27, 2026 New Risk • Jun 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 8.8% 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 42% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (8.8% average weekly change). Reported Earnings • Apr 25
First quarter 2026 earnings released: CN¥0.41 loss per share (vs CN¥0.089 profit in 1Q 2025) First quarter 2026 results: CN¥0.41 loss per share (down from CN¥0.089 profit in 1Q 2025). Revenue: CN¥463.9m (down 14% from 1Q 2025). Net loss: CN¥100.5m (down CN¥122.1m from profit in 1Q 2025). Announcement • Apr 25
Renxin New Material Co.,Ltd., Annual General Meeting, May 20, 2026 Renxin New Material Co.,Ltd., Annual General Meeting, May 20, 2026, at 14:30 China Standard Time. Location: The Company's Meeting Room, Huizhou, Guangdong China Valuation Update With 7 Day Price Move • Apr 13
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to CN¥13.15, the stock trades at a trailing P/E ratio of 60.2x. Average trailing P/E is 47x in the Chemicals industry in China. Total returns to shareholders of 38% over the past year. Announcement • Mar 31
Renxin New Material Co.,Ltd. to Report Q1, 2026 Results on Apr 25, 2026 Renxin New Material Co.,Ltd. announced that they will report Q1, 2026 results on Apr 25, 2026 Announcement • Dec 31
Renxin New Material Co.,Ltd. to Report Fiscal Year 2025 Results on Apr 25, 2026 Renxin New Material Co.,Ltd. announced that they will report fiscal year 2025 results on Apr 25, 2026 Reported Earnings • Oct 29
Third quarter 2025 earnings released: EPS: CN¥0.033 (vs CN¥0.04 in 3Q 2024) Third quarter 2025 results: EPS: CN¥0.033 (down from CN¥0.04 in 3Q 2024). Revenue: CN¥531.0m (flat on 3Q 2024). Net income: CN¥7.87m (down 19% from 3Q 2024). Profit margin: 1.5% (down from 1.8% in 3Q 2024). Announcement • Sep 30
Renxin New Material Co.,Ltd. to Report Q3, 2025 Results on Oct 29, 2025 Renxin New Material Co.,Ltd. announced that they will report Q3, 2025 results on Oct 29, 2025 Announcement • Jul 02
Renxin New Material Co.,Ltd. to Report First Half, 2025 Results on Aug 29, 2025 Renxin New Material Co.,Ltd. announced that they will report first half, 2025 results on Aug 29, 2025 Declared Dividend • Jun 30
Dividend of CN¥0.10 announced Shareholders will receive a dividend of CN¥0.10. Ex-date: 4th July 2025 Payment date: 4th July 2025 Dividend yield will be 0.8%, which is lower than the industry average of 2.6%. Sustainability & Growth Dividend is covered by earnings (30% 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 company is yet to establish a track record of dividend growth or stability as it hasn't paid a regular dividend for at least 2 years. The company's earnings per share (EPS) would need to decline by 67% to shift the payout ratio to a potentially unsustainable range, which is more than the 21% EPS decline seen over the last 5 years. New Risk • May 29
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 8.3% 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: Major Risks Earnings have declined by 34% per year over the past 5 years. High level of non-cash earnings (67% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (8.3% average weekly change). New Risk • May 14
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 67% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 34% per year over the past 5 years. High level of non-cash earnings (67% accrual ratio). Minor Risk Paying a dividend despite having no free cash flows. Reported Earnings • Apr 25
First quarter 2025 earnings released: EPS: CN¥0.11 (vs CN¥0.037 in 1Q 2024) First quarter 2025 results: EPS: CN¥0.11 (up from CN¥0.037 in 1Q 2024). Revenue: CN¥538.1m (up 21% from 1Q 2024). Net income: CN¥21.6m (up 187% from 1Q 2024). Profit margin: 4.0% (up from 1.7% in 1Q 2024). The increase in margin was driven by higher revenue. Announcement • Apr 25
Renxin New Material Co.,Ltd., Annual General Meeting, May 15, 2025 Renxin New Material Co.,Ltd., Annual General Meeting, May 15, 2025, at 14:30 China Standard Time. Location: The Company's Meeting Room, Huizhou, Guangdong China 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 8.0% 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: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 233% Paying a dividend despite having no free cash flows. Earnings have declined by 40% per year over the past 5 years. High level of non-cash earnings (37% accrual ratio). Minor Risk Share price has been volatile over the past 3 months (8.0% average weekly change). 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¥10.19, the stock trades at a trailing P/E ratio of 33.1x. Average trailing P/E is 37x in the Chemicals industry in China. Negligible returns to shareholders over past year. Announcement • Mar 31
Renxin New Material Co.,Ltd. to Report Q1, 2025 Results on Apr 25, 2025 Renxin New Material Co.,Ltd. announced that they will report Q1, 2025 results on Apr 25, 2025 Announcement • Dec 31
Renxin New Material Co.,Ltd. to Report Fiscal Year 2024 Results on Apr 25, 2025 Renxin New Material Co.,Ltd. announced that they will report fiscal year 2024 results on Apr 25, 2025 Reported Earnings • Oct 30
Third quarter 2024 earnings released: EPS: CN¥0.048 (vs CN¥0.016 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.048 (up from CN¥0.016 in 3Q 2023). Revenue: CN¥533.1m (up 5.9% from 3Q 2023). Net income: CN¥9.76m (up 206% from 3Q 2023). Profit margin: 1.8% (up from 0.6% in 3Q 2023). The increase in margin was driven by higher revenue. Announcement • Sep 30
Renxin New Material Co.,Ltd. to Report Q3, 2024 Results on Oct 30, 2024 Renxin New Material Co.,Ltd. announced that they will report Q3, 2024 results on Oct 30, 2024 Valuation Update With 7 Day Price Move • Sep 27
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to CN¥10.69, the stock trades at a trailing P/E ratio of 38.8x. Average trailing P/E is 29x in the Chemicals industry in China. Total loss to shareholders of 28% over the past year. Buy Or Sell Opportunity • Jul 18
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 6.9% to CN¥9.30. The fair value is estimated to be CN¥11.64, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 17% over the last year. Earnings per share has declined by 53%. Announcement • Jun 29
Renxin New Material Co.,Ltd. to Report First Half, 2024 Results on Aug 30, 2024 Renxin New Material Co.,Ltd. announced that they will report first half, 2024 results on Aug 30, 2024 Valuation Update With 7 Day Price Move • Jun 14
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥19.37, the stock trades at a trailing P/E ratio of 58.6x. Average trailing P/E is 30x in the Chemicals industry in China. Buy Or Sell Opportunity • Jun 14
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 26% to CN¥19.37. The fair value is estimated to be CN¥15.98, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 17% over the last year. Earnings per share has declined by 53%. New Risk • May 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 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 Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 284% Paying a dividend despite having no free cash flows. Earnings have declined by 44% per year over the past 5 years. High level of non-cash earnings (32% accrual ratio). Minor Risk Share price has been volatile over the past 3 months (8.9% average weekly change). Announcement • Apr 27
Renxin New Material Co.,Ltd. Proposes Final Cash Dividend for 2023 Renxin New Material Co.,Ltd. announced on 25 April 2024 the profit distribution proposal for 2023 as follows: final cash dividend per 10 shares (tax included) of CNY 10.00000000. Announcement • Apr 26
Renxin New Material Co.,Ltd., Annual General Meeting, May 16, 2024 Renxin New Material Co.,Ltd., Annual General Meeting, May 16, 2024, at 14:30 China Standard Time. Location: The Company's Meeting Room, Huizhou, Guangdong China Reported Earnings • Apr 25
Full year 2023 earnings released: EPS: CN¥0.44 (vs CN¥0.87 in FY 2022) Full year 2023 results: EPS: CN¥0.44 (down from CN¥0.87 in FY 2022). Revenue: CN¥1.98b (down 19% from FY 2022). Net income: CN¥55.8m (down 41% from FY 2022). Profit margin: 2.8% (down from 3.9% in FY 2022). The decrease in margin was driven by lower revenue. Valuation Update With 7 Day Price Move • Apr 16
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to CN¥13.09, the stock trades at a trailing P/E ratio of 35.1x. Average trailing P/E is 28x in the Chemicals industry in China. Announcement • Mar 30
Renxin New Material Co.,Ltd. to Report Q1, 2024 Results on Apr 26, 2024 Renxin New Material 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 20% After last week's 20% share price decline to CN¥13.81, the stock trades at a trailing P/E ratio of 37x. Average trailing P/E is 28x in the Chemicals industry in China. Announcement • Dec 30
Renxin New Material Co.,Ltd. to Report Fiscal Year 2023 Results on Apr 25, 2024 Renxin New Material Co.,Ltd. announced that they will report fiscal year 2023 results on Apr 25, 2024 Announcement • Nov 11
Renxin New Material Co.,Ltd. Announces Management Appointments Renxin New Material Co.,Ltd. appointed Chen Zhanghua, Qiu Hongwei, Qiu Chukai and Qiu Guixin as non-independent directors. Appointed Liu Tonghua, Li Sha and Zheng Zhiming as independent directors. Appointed Li Hai as non-employee supervisors, at its 5th Extraordinary General Meeting of 2023 on 09 November 2023. Reported Earnings • Oct 25
Third quarter 2023 earnings released Third quarter 2023 results: EPS: CN¥0.023. Net income: CN¥3.19m (up CN¥3.19m from 3Q 2022). Announcement • Sep 30
Renxin New Material Co.,Ltd. to Report Q3, 2023 Results on Oct 25, 2023 Renxin New Material Co.,Ltd. announced that they will report Q3, 2023 results on Oct 25, 2023 Reported Earnings • Aug 25
Second quarter 2023 earnings released Second quarter 2023 results: EPS: CN¥0.07. Net income: CN¥7.73m (up CN¥7.73m from 2Q 2022). Valuation Update With 7 Day Price Move • Aug 10
Investor sentiment improves as stock rises 22% After last week's 22% share price gain to CN¥27.96, the stock trades at a trailing P/E ratio of 43.1x. Average trailing P/E is 29x in the Chemicals industry in China. Announcement • Jul 07
Renxin New Material Co.,Ltd. to Report First Half, 2023 Results on Aug 25, 2023 Renxin New Material Co.,Ltd. announced that they will report first half, 2023 results on Aug 25, 2023 Board Change • Jul 03
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. No highly experienced directors. No independent directors (3 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.