Announcement • Jun 30
Innuovo Technology Co., Ltd. to Report First Half, 2026 Results on Aug 20, 2026 Innuovo Technology Co., Ltd. announced that they will report first half, 2026 results on Aug 20, 2026 Valuation Update With 7 Day Price Move • Jun 29
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to CN¥8.49, the stock trades at a trailing P/E ratio of 37x. Average trailing P/E is 34x in the Metals and Mining industry in China. Total returns to shareholders of 14% over the past three years. Declared Dividend • May 30
Dividend of CN¥0.13 announced Shareholders will receive a dividend of CN¥0.13. Ex-date: 3rd June 2026 Payment date: 3rd June 2026 Dividend yield will be 3.0%, which is higher than the industry average of 2.8%. Sustainability & Growth Dividend is not covered by earnings (115% earnings payout ratio) and 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 46% per year over the past 3 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 28% to bring the payout ratio under control, which is more than the 18% EPS growth achieved over the last 5 years. Announcement • May 30
Innuovo Technology Co., Ltd. Announces Implementation of Final Cash Dividend on A Shares for the Year 2025, Payable on June 3, 2026 Innuovo Technology Co., Ltd. announced implementation of final cash dividend of CNY 1.25000000 per 10 A shares (tax included) for the year 2025. Record date is June 2, 2026, ex-date is June 3, 2026 and the payment date is June 3, 2026. Announcement • Mar 31
Innuovo Technology Co., Ltd. to Report Q1, 2026 Results on Apr 24, 2026 Innuovo Technology Co., Ltd. announced that they will report Q1, 2026 results on Apr 24, 2026 Announcement • Mar 20
Innuovo Technology Co., Ltd., Annual General Meeting, Apr 14, 2026 Innuovo Technology Co., Ltd., Annual General Meeting, Apr 14, 2026, at 14:30 China Standard Time. Location: The Company's Meeting Room, Jinhua, Zhejiang China Announcement • Dec 31
Innuovo Technology Co., Ltd. to Report Fiscal Year 2025 Results on Mar 21, 2026 Innuovo Technology Co., Ltd. announced that they will report fiscal year 2025 results on Mar 21, 2026 Announcement • Sep 30
Innuovo Technology Co., Ltd. to Report Q3, 2025 Results on Oct 22, 2025 Innuovo Technology Co., Ltd. announced that they will report Q3, 2025 results on Oct 22, 2025 Announcement • Sep 09
Innuovo Technology Co., Ltd. Approves Interim Cash Dividend for 2025 Innuovo Technology Co., Ltd. at its EGM held on September 5, 2025 approved interim Cash dividend of CNY 1.38000000 per 10 shares (tax included) for 2025. Announcement • Aug 21
Innuovo Technology Co., Ltd. Proposes Interim Profit Distribution for 2025 Innuovo Technology Co., Ltd. at its Extraordinary General Meeting going to be held on September 5, 2025 proposed the profit distribution plan of CNY 1.38000000 per 10 shares for 2025. Announcement • Jul 02
Innuovo Technology Co., Ltd. to Report First Half, 2025 Results on Aug 20, 2025 Innuovo Technology Co., Ltd. announced that they will report first half, 2025 results on Aug 20, 2025 Announcement • Apr 12
Innuovo Technology Co., Ltd. Approves Final Cash Dividend for 2024 Innuovo Technology Co., Ltd. at its Annual General Meeting held on 10 April 2025 approved final cash dividend of CNY 1.24000000 per 10 shares (tax included) for 2024. Announcement • Mar 31
Innuovo Technology Co., Ltd. to Report Q1, 2025 Results on Apr 19, 2025 Innuovo Technology Co., Ltd. announced that they will report Q1, 2025 results on Apr 19, 2025 Announcement • Mar 10
Innuovo Technology Co., Ltd., Annual General Meeting, Apr 10, 2025 Innuovo Technology Co., Ltd., Annual General Meeting, Apr 10, 2025, at 14:30 China Standard Time. Location: Office Building, No. 196, Gongye Avenue, Hengdian Town, Dongyang, Jinhua, Zhejiang China Announcement • Dec 31
Innuovo Technology Co., Ltd. to Report Fiscal Year 2024 Results on Mar 08, 2025 Innuovo Technology Co., Ltd. announced that they will report fiscal year 2024 results on Mar 08, 2025 Valuation Update With 7 Day Price Move • Nov 17
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to CN¥10.73, the stock trades at a trailing P/E ratio of 56.8x. Average trailing P/E is 27x in the Metals and Mining industry in China. Total returns to shareholders of 84% over the past three years. New Risk • Nov 14
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 10% 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. Valuation Update With 7 Day Price Move • Nov 03
Investor sentiment improves as stock rises 24% After last week's 24% share price gain to CN¥8.23, the stock trades at a trailing P/E ratio of 43.6x. Average trailing P/E is 28x in the Metals and Mining industry in China. Total returns to shareholders of 54% over the past three years. Reported Earnings • Oct 28
Third quarter 2024 earnings released: EPS: CN¥0.055 (vs CN¥0.023 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.055 (up from CN¥0.023 in 3Q 2023). Revenue: CN¥929.1m (down 1.5% from 3Q 2023). Net income: CN¥60.9m (up 135% from 3Q 2023). Profit margin: 6.5% (up from 2.7% in 3Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has increased by 8% per year, which means it is tracking significantly ahead of earnings growth. Buy Or Sell Opportunity • Oct 25
Now 23% overvalued after recent price rise Over the last 90 days, the stock has risen 20% to CN¥6.62. The fair value is estimated to be CN¥5.39, 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, while earnings per share has been flat. Valuation Update With 7 Day Price Move • Sep 30
Investor sentiment improves as stock rises 22% After last week's 22% share price gain to CN¥6.44, the stock trades at a trailing P/E ratio of 40.9x. Average trailing P/E is 24x in the Metals and Mining industry in China. Total returns to shareholders of 26% over the past three years. Announcement • Sep 30
Innuovo Technology Co., Ltd. to Report Q3, 2024 Results on Oct 28, 2024 Innuovo Technology Co., Ltd. announced that they will report Q3, 2024 results on Oct 28, 2024 Board Change • Sep 15
High number of new directors Non-Independent Director Xing Wu was the last director to join the board, commencing their role in 2024. Announcement • Sep 07
Innuovo Technology Co., Ltd. Approves Board Appointments Innuovo Technology Co., Ltd. at its Extraordinary General Meeting held on September 5, 2024, approved the appointment of Wu Xing and Wei Zhonghua as non-independent directors; Yan Aru and Yang Qing as independent director. Reported Earnings • Aug 17
Second quarter 2024 earnings released: EPS: CN¥0.07 (vs CN¥0.016 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.07 (up from CN¥0.016 in 2Q 2023). Revenue: CN¥1.08b (up 5.1% from 2Q 2023). Net income: CN¥77.9m (up 341% from 2Q 2023). Profit margin: 7.2% (up from 1.7% in 2Q 2023). Over the last 3 years on average, earnings per share has increased by 1% per year whereas the company’s share price has fallen by 3% per year. Announcement • Jun 29
Innuovo Technology Co., Ltd. to Report First Half, 2024 Results on Aug 17, 2024 Innuovo Technology Co., Ltd. announced that they will report first half, 2024 results on Aug 17, 2024 Declared Dividend • May 11
Dividend reduced to CN¥0.027 Dividend of CN¥0.027 is 66% lower than last year. Ex-date: 16th May 2024 Payment date: 16th May 2024 Dividend yield will be 0.4%, which is lower than the industry average of 2.8%. Sustainability & Growth Dividend is well covered by both earnings (26% earnings payout ratio) and cash flows (7% cash payout ratio). 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 71% to shift the payout ratio to a potentially unsustainable range, which is more than the 1.4% EPS decline seen over the last 5 years. Reported Earnings • Apr 20
First quarter 2024 earnings released: EPS: CN¥0.061 (vs CN¥0.035 in 1Q 2023) First quarter 2024 results: EPS: CN¥0.061 (up from CN¥0.035 in 1Q 2023). Revenue: CN¥857.0m (up 1.7% from 1Q 2023). Net income: CN¥67.8m (up 75% from 1Q 2023). Profit margin: 7.9% (up from 4.6% in 1Q 2023). The increase in margin was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 4% per year and the company’s share price has also increased by 4% per year. Announcement • Mar 30
Innuovo Technology Co., Ltd. to Report Q1, 2024 Results on Apr 20, 2024 Innuovo Technology Co., Ltd. announced that they will report Q1, 2024 results on Apr 20, 2024 Announcement • Mar 16
Innuovo Technology Co., Ltd., Annual General Meeting, Apr 11, 2024 Innuovo Technology Co., Ltd., Annual General Meeting, Apr 11, 2024, at 14:30 China Standard Time. Location: The Company's Meeting Room, Jinhua, Zhejiang China Agenda: To consider 2023 annual report and its summary; to consider 2023 work report of the board of directors; to consider 2023 work report of the supervisory committee; to consider 2023 annual accounts report; to consider 2023 profit distribution plan; to consider Reappointment of audit firm; to consider Special report on the deposit and use of raised funds in 2023 and to consider other matters. Reported Earnings • Mar 15
Full year 2023 earnings released: EPS: CN¥0.078 (vs CN¥0.23 in FY 2022) Full year 2023 results: EPS: CN¥0.078 (down from CN¥0.23 in FY 2022). Revenue: CN¥3.85b (down 19% from FY 2022). Net income: CN¥86.7m (down 67% from FY 2022). Profit margin: 2.3% (down from 5.5% in FY 2022). Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. 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¥4.42, the stock trades at a trailing P/E ratio of 38x. Average trailing P/E is 25x in the Metals and Mining industry in China. Total loss to shareholders of 8.1% over the past three years. Announcement • Dec 29
Innuovo Technology Co., Ltd. to Report Fiscal Year 2023 Results on Mar 09, 2024 Innuovo Technology Co., Ltd. announced that they will report fiscal year 2023 results on Mar 09, 2024 Reported Earnings • Oct 21
Third quarter 2023 earnings released: EPS: CN¥0.023 (vs CN¥0.075 in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.023 (down from CN¥0.075 in 3Q 2022). Revenue: CN¥943.0m (down 26% from 3Q 2022). Net income: CN¥25.9m (down 70% from 3Q 2022). Profit margin: 2.7% (down from 6.7% in 3Q 2022). Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Board Change • Sep 21
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Lingli Han was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. New Risk • Aug 25
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 44% 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 Short dividend paying track record (less than a year of continuous dividend payments). Large one-off items impacting financial results. Reported Earnings • Aug 19
Second quarter 2023 earnings released: EPS: CN¥0.016 (vs CN¥0.061 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.016 (down from CN¥0.061 in 2Q 2022). Revenue: CN¥1.03b (down 18% from 2Q 2022). Net income: CN¥17.7m (down 74% from 2Q 2022). Profit margin: 1.7% (down from 5.5% in 2Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. Announcement • Jul 01
Innuovo Technology Co., Ltd. to Report First Half, 2023 Results on Aug 19, 2023 Innuovo Technology Co., Ltd. announced that they will report first half, 2023 results on Aug 19, 2023 Valuation Update With 7 Day Price Move • Jun 30
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥7.58, the stock trades at a trailing P/E ratio of 35.3x. Average trailing P/E is 30x in the Metals and Mining industry in China. Total returns to shareholders of 32% over the past three years. Announcement • May 19
Innuovo Technology Co., Ltd. Announces Final Dividend on Share A for 2022, Payable on May 25, 2023 Innuovo Technology Co., Ltd. announced final Cash dividend/10 shares (tax included): CNY 0.80207500 share A for 2022. Record date: 24 May 2023, Ex-date: 25 May 2023, Payment date: 25 May 2023. Reported Earnings • Mar 11
Full year 2022 earnings released: EPS: CN¥0.23 (vs CN¥0.12 in FY 2021) Full year 2022 results: EPS: CN¥0.23 (up from CN¥0.12 in FY 2021). Revenue: CN¥4.73b (up 26% from FY 2021). Net income: CN¥258.5m (up 91% from FY 2021). Profit margin: 5.5% (up from 3.6% in FY 2021). Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth. Reported Earnings • Oct 28
Third quarter 2022 earnings released: EPS: CN¥0.075 (vs CN¥0.05 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.075 (up from CN¥0.05 in 3Q 2021). Revenue: CN¥1.28b (up 32% from 3Q 2021). Net income: CN¥84.9m (up 51% from 3Q 2021). Profit margin: 6.7% (up from 5.8% in 3Q 2021). Over the last 3 years on average, earnings per share has increased by 9% per year whereas the company’s share price has increased by 5% per year. Reported Earnings • Aug 21
Second quarter 2022 earnings released: EPS: CN¥0.061 (vs CN¥0.043 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.061 (up from CN¥0.043 in 2Q 2021). Revenue: CN¥1.25b (up 37% from 2Q 2021). Net income: CN¥69.1m (up 42% from 2Q 2021). Profit margin: 5.5% (up from 5.4% in 2Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 1% per year whereas the company’s share price has increased by 5% per year. Valuation Update With 7 Day Price Move • Aug 01
Investor sentiment improved over the past week After last week's 16% share price gain to CN¥8.66, the stock trades at a trailing P/E ratio of 63.8x. Average trailing P/E is 31x in the Metals and Mining industry in China. Total returns to shareholders of 26% over the past three years. Reported Earnings • Apr 27
First quarter 2022 earnings released: EPS: CN¥0.05 (vs CN¥0.034 in 1Q 2021) First quarter 2022 results: EPS: CN¥0.05 (up from CN¥0.034 in 1Q 2021). Revenue: CN¥1.03b (up 44% from 1Q 2021). Net income: CN¥57.0m (up 48% from 1Q 2021). Profit margin: 5.5% (up from 5.4% in 1Q 2021). Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings. Reported Earnings • Mar 13
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: EPS: CN¥0.12 (up from CN¥0.09 in FY 2020). Revenue: CN¥3.76b (up 45% from FY 2020). Net income: CN¥135.4m (up 33% from FY 2020). Profit margin: 3.6% (down from 3.9% in FY 2020). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Feb 17
Investor sentiment improved over the past week After last week's 20% share price gain to CN¥8.41, the stock trades at a trailing P/E ratio of 68.1x. Average trailing P/E is 29x in the Metals and Mining industry in China. Total returns to shareholders of 108% over the past three years. Valuation Update With 7 Day Price Move • Dec 28
Investor sentiment deteriorated over the past week After last week's 17% share price decline to CN¥8.89, the stock trades at a trailing P/E ratio of 72x. Average trailing P/E is 30x in the Metals and Mining industry in China. Total returns to shareholders of 149% over the past three years. Valuation Update With 7 Day Price Move • Nov 25
Investor sentiment improved over the past week After last week's 23% share price gain to CN¥7.29, the stock trades at a trailing P/E ratio of 59x. Average trailing P/E is 33x in the Metals and Mining industry in China. Total returns to shareholders of 85% over the past three years. Reported Earnings • Oct 28
Third quarter 2021 earnings released: EPS CN¥0.05 (vs CN¥0.032 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: CN¥968.6m (up 40% from 3Q 2020). Net income: CN¥56.4m (up 54% from 3Q 2020). Profit margin: 5.8% (up from 5.3% in 3Q 2020). Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 9% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Sep 30
Investor sentiment deteriorated over the past week After last week's 16% share price decline to CN¥5.07, the stock trades at a trailing P/E ratio of 48.4x. Average trailing P/E is 29x in the Metals and Mining industry in China. Total returns to shareholders of 20% over the past three years. Reported Earnings • Aug 22
Second quarter 2021 earnings released: EPS CN¥0.043 (vs CN¥0.04 in 2Q 2020) The company reported a solid second quarter result with improved earnings and revenues, although profit margins were weaker. Second quarter 2021 results: Revenue: CN¥912.4m (up 43% from 2Q 2020). Net income: CN¥48.8m (up 7.6% from 2Q 2020). Profit margin: 5.4% (down from 7.1% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 8% per year whereas the company’s share price has increased by 12% per year. Reported Earnings • Apr 25
First quarter 2021 earnings released: EPS CN¥0.034 (vs CN¥0.023 in 1Q 2020) The company reported a solid first quarter result with improved earnings and revenues, although profit margins were weaker. First quarter 2021 results: Revenue: CN¥718.8m (up 65% from 1Q 2020). Net income: CN¥38.5m (up 46% from 1Q 2020). Profit margin: 5.4% (down from 6.0% in 1Q 2020). Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Reported Earnings • Mar 13
Full year 2020 earnings released: EPS CN¥0.09 (vs CN¥0.13 in FY 2019) The company reported a soft full year result with weaker earnings and profit margins, although revenues improved. Full year 2020 results: Revenue: CN¥2.60b (up 3.5% from FY 2019). Net income: CN¥102.1m (down 28% from FY 2019). Profit margin: 3.9% (down from 5.7% in FY 2019). Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Is New 90 Day High Low • Mar 04
New 90-day high: CN¥5.95 The company is up 1.0% from its price of CN¥5.87 on 04 December 2020. The Chinese market is up 4.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Metals and Mining industry, which is up 18% over the same period. Is New 90 Day High Low • Feb 06
New 90-day low: CN¥4.87 The company is down 13% from its price of CN¥5.61 on 06 November 2020. The Chinese market is up 4.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Metals and Mining industry, which is up 7.0% over the same period. Is New 90 Day High Low • Jan 08
New 90-day low: CN¥5.23 The company is down 9.0% from its price of CN¥5.72 on 09 October 2020. The Chinese market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Metals and Mining industry, which is up 20% over the same period. Is New 90 Day High Low • Nov 24
New 90-day high: CN¥6.22 The company is up 4.0% from its price of CN¥5.97 on 26 August 2020. The Chinese market is flat over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Metals and Mining industry, which is up 8.0% over the same period. Reported Earnings • Oct 28
Third quarter earnings released Over the last 12 months the company has reported total profits of CN¥151.2m, up 8.1% from the prior year. Total revenue was CN¥2.49b over the last 12 months, up 1.0% from the prior year. Is New 90 Day High Low • Oct 26
New 90-day low: CN¥5.52 The company is down 16% from its price of CN¥6.60 on 28 July 2020. The Chinese market is up 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Metals and Mining industry, which is down 5.0% over the same period. Is New 90 Day High Low • Sep 28
New 90-day low: CN¥5.67 The company is down 1.0% from its price of CN¥5.71 on 30 June 2020. The Chinese market is up 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Metals and Mining industry, which is up 6.0% over the same period.