Announcement • Jun 30
Inner Mongolia Berun Chemical Company Limited to Report First Half, 2026 Results on Jul 31, 2026 Inner Mongolia Berun Chemical Company Limited announced that they will report first half, 2026 results on Jul 31, 2026 Announcement • Apr 20
Inner Mongolia Berun Chemical Company Limited, Annual General Meeting, May 11, 2026 Inner Mongolia Berun Chemical Company Limited, Annual General Meeting, May 11, 2026, at 14:30 China Standard Time. Location: 19F, Boyuan Building, Etuoke West Street, Dongsheng District, Ordos, Inner Mongolia China Announcement • Mar 31
Inner Mongolia Berun Chemical Company Limited to Report Q1, 2026 Results on Apr 21, 2026 Inner Mongolia Berun Chemical Company Limited announced that they will report Q1, 2026 results on Apr 21, 2026 Announcement • Dec 31
Inner Mongolia Berun Chemical Company Limited to Report Fiscal Year 2025 Results on Apr 21, 2026 Inner Mongolia Berun Chemical Company Limited announced that they will report fiscal year 2025 results on Apr 21, 2026 Announcement • Sep 30
Inner Mongolia Berun Chemical Company Limited to Report Q3, 2025 Results on Oct 28, 2025 Inner Mongolia Berun Chemical Company Limited announced that they will report Q3, 2025 results on Oct 28, 2025 Announcement • Jul 02
Inner Mongolia Berun Chemical Company Limited to Report First Half, 2025 Results on Aug 26, 2025 Inner Mongolia Berun Chemical Company Limited announced that they will report first half, 2025 results on Aug 26, 2025 Announcement • May 17
Inner Mongolia Yuan Xing Energy Company Limited Approves Cash Dividend for 2024 Inner Mongolia Yuan Xing Energy Company Limited at its Annual General Meeting held on 15 May 2025 approved cash dividend of CNY 3.00000000 per 10 shares (tax included) for 2024. Announcement • Apr 25
Inner Mongolia Yuan Xing Energy Company Limited, Annual General Meeting, May 15, 2025 Inner Mongolia Yuan Xing Energy Company Limited, Annual General Meeting, May 15, 2025, at 14:30 China Standard Time. Location: 19F, Boyuan Building, Etuoke West Street, Dongsheng District, Ordos, Inner Mongolia China Announcement • Mar 31
Inner Mongolia Yuan Xing Energy Company Limited to Report Q1, 2025 Results on Apr 25, 2025 Inner Mongolia Yuan Xing Energy Company Limited announced that they will report Q1, 2025 results on Apr 25, 2025 Announcement • Dec 31
Inner Mongolia Yuan Xing Energy Company Limited to Report Fiscal Year 2024 Results on Apr 25, 2025 Inner Mongolia Yuan Xing Energy Company Limited announced that they will report fiscal year 2024 results on Apr 25, 2025 Reported Earnings • Oct 29
Third quarter 2024 earnings released: EPS: CN¥0.17 (vs CN¥0.13 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.17 (up from CN¥0.13 in 3Q 2023). Revenue: CN¥3.30b (up 23% from 3Q 2023). Net income: CN¥595.5m (up 31% from 3Q 2023). Profit margin: 18% (up from 17% in 3Q 2023). Revenue is forecast to grow 14% 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 47% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings. Announcement • Sep 30
Inner Mongolia Yuan Xing Energy Company Limited to Report Q3, 2024 Results on Oct 29, 2024 Inner Mongolia Yuan Xing Energy Company Limited announced that they will report Q3, 2024 results on Oct 29, 2024 Valuation Update With 7 Day Price Move • Sep 27
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to CN¥6.13, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 16x in the Chemicals industry in China. Total loss to shareholders of 31% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥4.66 per share. Buy Or Sell Opportunity • Sep 26
Now 25% overvalued Over the last 90 days, the stock has fallen 16% to CN¥5.82. The fair value is estimated to be CN¥4.67, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 3.5% over the last 3 years. Earnings per share has declined by 33%. Revenue is forecast to grow by 34% in 2 years. Earnings are forecast to grow by 107% in the next 2 years. Reported Earnings • Jul 31
Second quarter 2024 earnings released: EPS: CN¥0.17 (vs CN¥0.11 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.17 (up from CN¥0.11 in 2Q 2023). Revenue: CN¥3.79b (up 33% from 2Q 2023). Net income: CN¥640.0m (up 60% from 2Q 2023). Profit margin: 17% (up from 14% in 2Q 2023). Revenue is forecast to grow 14% 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 33% 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 • Jun 29
Inner Mongolia Yuan Xing Energy Company Limited to Report First Half, 2024 Results on Aug 13, 2024 Inner Mongolia Yuan Xing Energy Company Limited announced that they will report first half, 2024 results on Aug 13, 2024 Declared Dividend • May 24
Dividend increased to CN¥0.30 Dividend of CN¥0.30 is 100% higher than last year. Ex-date: 30th May 2024 Payment date: 30th May 2024 Dividend yield will be 3.9%, which is higher than the industry average of 2.6%. Sustainability & Growth Dividend is covered by earnings (83% 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 increased by an average of 39% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 133% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Apr 17
Third quarter 2023 earnings released: EPS: CN¥0.13 (vs CN¥0.20 in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.13 (down from CN¥0.20 in 3Q 2022). Revenue: CN¥2.68b (up 7.3% from 3Q 2022). Net income: CN¥453.6m (down 38% from 3Q 2022). Profit margin: 17% (down from 29% in 3Q 2022). The decrease in margin was driven by higher expenses. 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. Over the last 3 years on average, earnings per share has increased by 29% per year whereas the company’s share price has increased by 31% per year. Announcement • Apr 16
Inner Mongolia Yuan Xing Energy Company Limited, Annual General Meeting, May 17, 2024 Inner Mongolia Yuan Xing Energy Company Limited, Annual General Meeting, May 17, 2024, at 14:30 China Standard Time. Location: 19F, Boyuan Building, Etuoke West Street, Dongsheng District, Ordos, Inner Mongolia China New Risk • Apr 16
New minor risk - Financial position The company has a high level of debt. Net debt to equity ratio: 46% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Minor Risks High level of debt (46% net debt to equity). Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (17% net profit margin). Shareholders have been diluted in the past year (3.0% increase in shares outstanding). Announcement • Mar 30
Inner Mongolia Yuan Xing Energy Company Limited to Report Q1, 2024 Results on Apr 16, 2024 Inner Mongolia Yuan Xing Energy Company Limited announced that they will report Q1, 2024 results on Apr 16, 2024 Valuation Update With 7 Day Price Move • Feb 09
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to CN¥6.00, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 14x in the Chemicals industry in China. Total returns to shareholders of 195% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥2.50 per share. Announcement • Dec 29
Inner Mongolia Yuan Xing Energy Company Limited to Report Fiscal Year 2023 Results on Apr 16, 2024 Inner Mongolia Yuan Xing Energy Company Limited announced that they will report fiscal year 2023 results on Apr 16, 2024 New Risk • Dec 01
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 3.3% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (17% net profit margin). Shareholders have been diluted in the past year (3.3% increase in shares outstanding). Reported Earnings • Nov 01
Third quarter 2023 earnings released: EPS: CN¥0.13 (vs CN¥0.20 in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.13 (down from CN¥0.20 in 3Q 2022). Revenue: CN¥2.68b (up 7.3% from 3Q 2022). Net income: CN¥453.6m (down 38% from 3Q 2022). Profit margin: 17% (down from 29% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 22% p.a. on average during the next 3 years, compared to a 19% growth forecast for the Chemicals industry in China. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has increased by 48% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Sep 30
Inner Mongolia Yuan Xing Energy Company Limited to Report Q3, 2023 Results on Oct 30, 2023 Inner Mongolia Yuan Xing Energy Company Limited announced that they will report Q3, 2023 results on Oct 30, 2023 Reported Earnings • Aug 22
Second quarter 2023 earnings released: EPS: CN¥0.11 (vs CN¥0.23 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.11 (down from CN¥0.23 in 2Q 2022). Revenue: CN¥2.85b (down 10% from 2Q 2022). Net income: CN¥400.3m (down 51% from 2Q 2022). Profit margin: 14% (down from 26% in 2Q 2022). The decrease in margin was primarily driven by lower revenue. Revenue is forecast to grow 23% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Chemicals industry in China. Over the last 3 years on average, earnings per share has increased by 49% per year but the company’s share price has only increased by 40% per year, which means it is significantly lagging earnings growth. Announcement • Jul 01
Inner Mongolia Yuan Xing Energy Company Limited to Report First Half, 2023 Results on Aug 22, 2023 Inner Mongolia Yuan Xing Energy Company Limited announced that they will report first half, 2023 results on Aug 22, 2023 Announcement • May 13
Inner Mongolia Yuan Xing Energy Company Limited Announces Final Dividend on A Shares for 2022, Payable on 19 May 2023 Inner Mongolia Yuan Xing Energy Company Limited announced final cash dividend of CNY 1.50000000 per 10 A shares (tax included) for 2022. Record date is 18 May 2023. Ex-date is 19 May 2023. Payment date is 19 May 2023. Reported Earnings • Apr 01
Full year 2022 earnings released: EPS: CN¥0.73 (vs CN¥1.36 in FY 2021) Full year 2022 results: EPS: CN¥0.73 (down from CN¥1.36 in FY 2021). Revenue: CN¥11.0b (down 9.6% from FY 2021). Net income: CN¥2.66b (down 46% from FY 2021). Profit margin: 24% (down from 41% in FY 2021). The decrease in margin was primarily driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 81% per year but the company’s share price has only increased by 64% per year, which means it is significantly lagging earnings growth. Board Change • Nov 16
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 12 experienced directors. No highly experienced directors. 5 independent directors (7 non-independent directors). Vice Chairman & Deputy GM Baolong Liu was the last 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¥0.20 (vs CN¥0.23 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.20 (down from CN¥0.23 in 3Q 2021). Revenue: CN¥2.50b (down 31% from 3Q 2021). Net income: CN¥730.3m (down 12% from 3Q 2021). Profit margin: 29% (up from 23% in 3Q 2021). The increase in margin was driven by lower expenses. Revenue is forecast to grow 22% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Chemicals industry in China. Over the last 3 years on average, earnings per share has increased by 92% per year but the company’s share price has only increased by 43% per year, which means it is significantly lagging earnings growth. Reported Earnings • Sep 03
Second quarter 2022 earnings released: EPS: CN¥0.23 (vs CN¥0.25 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.23 (down from CN¥0.25 in 2Q 2021). Revenue: CN¥3.17b (down 9.4% from 2Q 2021). Net income: CN¥822.6m (down 11% from 2Q 2021). Profit margin: 26% (in line with 2Q 2021). Over the next year, revenue is forecast to stay flat compared to a 33% growth forecast for the Chemicals industry in China. Over the last 3 years on average, earnings per share has increased by 91% per year but the company’s share price has only increased by 52% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Jul 12
Investor sentiment deteriorated over the past week After last week's 15% share price decline to CN¥9.47, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 17x in the Chemicals industry in China. Total returns to shareholders of 274% over the past three years. Upcoming Dividend • May 02
Upcoming dividend of CN¥0.10 per share Eligible shareholders must have bought the stock before 09 May 2022. Payment date: 09 May 2022. Payout ratio is a comfortable 6.7% and this is well supported by cash flows. Trailing yield: 1.2%. Lower than top quartile of Chinese dividend payers (2.3%). Lower than average of industry peers (1.7%). Board Change • Apr 27
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 12 experienced directors. No highly experienced directors. Vice Chairman & Deputy GM Baolong Liu was the last 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: Insufficient board refreshment. Reported Earnings • Mar 31
Full year 2021 earnings released: EPS: CN¥1.36 (vs CN¥0.02 in FY 2020) Full year 2021 results: EPS: CN¥1.36 (up from CN¥0.02 in FY 2020). Revenue: CN¥12.1b (up 58% from FY 2020). Net income: CN¥4.95b (up CN¥4.88b from FY 2020). Profit margin: 41% (up from 0.9% in FY 2020). The increase in margin was primarily driven by higher revenue. Over the next year, revenue is expected to shrink by 5.9% compared to a 47% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has increased by 61% per year but the company’s share price has only increased by 48% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Feb 11
Investor sentiment improved over the past week After last week's 19% share price gain to CN¥10.24, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 19x in the Chemicals industry in China. Total returns to shareholders of 291% over the past three years. Valuation Update With 7 Day Price Move • Jan 08
Investor sentiment improved over the past week After last week's 16% share price gain to CN¥8.47, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 20x in the Chemicals industry in China. Total returns to shareholders of 243% over the past three years. Valuation Update With 7 Day Price Move • Oct 14
Investor sentiment deteriorated over the past week After last week's 15% share price decline to CN¥8.08, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 19x in the Chemicals industry in China. Total returns to shareholders of 242% over the past three years. Valuation Update With 7 Day Price Move • Sep 29
Investor sentiment deteriorated over the past week After last week's 16% share price decline to CN¥9.80, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 20x in the Chemicals industry in China. Total returns to shareholders of 254% over the past three years. Valuation Update With 7 Day Price Move • Sep 12
Investor sentiment improved over the past week After last week's 21% share price gain to CN¥12.75, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 23x in the Chemicals industry in China. Total returns to shareholders of 357% over the past three years. Valuation Update With 7 Day Price Move • Aug 28
Investor sentiment improved over the past week After last week's 25% share price gain to CN¥11.59, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 21x in the Chemicals industry in China. Total returns to shareholders of 323% over the past three years. Valuation Update With 7 Day Price Move • Aug 14
Investor sentiment improved over the past week After last week's 17% share price gain to CN¥9.35, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 20x in the Chemicals industry in China. Total returns to shareholders of 224% over the past three years. Reported Earnings • Jul 30
Second quarter 2021 earnings released: EPS CN¥0.25 (vs CN¥0.01 loss in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CN¥3.50b (up 68% from 2Q 2020). Net income: CN¥921.9m (up CN¥949.3m from 2Q 2020). Profit margin: 26% (up from net loss in 2Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has increased by 34% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Jul 09
Investor sentiment improved over the past week After last week's 22% share price gain to CN¥5.63, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 19x in the Chemicals industry in China. Total returns to shareholders of 100% over the past three years. Valuation Update With 7 Day Price Move • May 31
Investor sentiment improved over the past week After last week's 21% share price gain to CN¥4.28, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 19x in the Chemicals industry in China. Total returns to shareholders of 50% over the past three years. Valuation Update With 7 Day Price Move • May 12
Investor sentiment improved over the past week After last week's 20% share price gain to CN¥3.66, the stock trades at a trailing P/E ratio of 25x. Average trailing P/E is 28x in the Chemicals industry in China. Total returns to shareholders of 18% over the past three years. Reported Earnings • Apr 19
Full year 2020 earnings released: EPS CN¥0.02 (vs CN¥0.18 in FY 2019) The company reported a poor full year result with weaker earnings and profit margins, although revenues were flat. Full year 2020 results: Revenue: CN¥7.70b (flat on FY 2019). Net income: CN¥74.8m (down 89% from FY 2019). Profit margin: 1.0% (down from 8.8% in FY 2019). Over the last 3 years on average, earnings per share has fallen by 45% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings. Is New 90 Day High Low • Feb 20
New 90-day high: CN¥2.46 The company is up 7.0% from its price of CN¥2.30 on 20 November 2020. The Chinese market is up 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 20% over the same period. Is New 90 Day High Low • Jan 11
New 90-day low: CN¥2.02 The company is down 16% from its price of CN¥2.41 on 14 October 2020. The Chinese market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 12% over the same period. Reported Earnings • Oct 30
Third quarter earnings released Over the last 12 months the company has reported total losses of CN¥22.6m, with earnings decreasing by CN¥1.05b from the prior year. Total revenue was CN¥7.43b over the last 12 months, down 6.3% from the prior year.