Valuation Update With 7 Day Price Move • Jun 12
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to CN¥135, the stock trades at a forward P/E ratio of 41x. Average forward P/E is 20x in the Chemicals industry in China. Total returns to shareholders of 96% over the past three years. Declared Dividend • May 27
Dividend of CN¥0.31 announced Shareholders will receive a dividend of CN¥0.31. Ex-date: 1st June 2026 Payment date: 1st June 2026 Dividend yield will be 0.5%, 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 dividend has increased by an average of 23% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 26% over the next year, which should provide support to the dividend and adequate earnings cover. Board Change • May 20
Less than half of directors are independent Following the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent Director Lianghua Chen was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Apr 28
Jiangsu Yoke Technology Co., Ltd., Annual General Meeting, May 18, 2026 Jiangsu Yoke Technology Co., Ltd., Annual General Meeting, May 18, 2026, at 13:30 China Standard Time. Location: The Company's Meeting Room, Yixing, Jiangsu China Announcement • Mar 31
Jiangsu Yoke Technology Co., Ltd. to Report Q1, 2026 Results on Apr 28, 2026 Jiangsu Yoke Technology Co., Ltd. announced that they will report Q1, 2026 results on Apr 28, 2026 Announcement • Dec 31
Jiangsu Yoke Technology Co., Ltd. to Report Fiscal Year 2025 Results on Apr 28, 2026 Jiangsu Yoke Technology Co., Ltd. announced that they will report fiscal year 2025 results on Apr 28, 2026 Announcement • Sep 30
Jiangsu Yoke Technology Co., Ltd. to Report Q3, 2025 Results on Oct 31, 2025 Jiangsu Yoke Technology Co., Ltd. announced that they will report Q3, 2025 results on Oct 31, 2025 Announcement • Sep 16
Jiangsu Yoke Technology Co., Ltd. Approves Interim Cash Dividend for the Year 2025 Jiangsu Yoke Technology Co., Ltd. at its Extraordinary General Meeting held on 12 September 2025, approved interim cash dividend/10 shares (tax included) of CNY 3.20000000 for the year 2025. Announcement • Jul 02
Jiangsu Yoke Technology Co., Ltd. to Report First Half, 2025 Results on Aug 28, 2025 Jiangsu Yoke Technology Co., Ltd. announced that they will report first half, 2025 results on Aug 28, 2025 Announcement • Apr 28
Jiangsu Yoke Technology Co., Ltd., Annual General Meeting, May 19, 2025 Jiangsu Yoke Technology Co., Ltd., Annual General Meeting, May 19, 2025, at 13:30 China Standard Time. Location: No. 88, Jingxi North Road, Economic and Technological Development Zone, Yixing, Jiangsu China Announcement • Mar 31
Jiangsu Yoke Technology Co., Ltd. to Report Q1, 2025 Results on Apr 30, 2025 Jiangsu Yoke Technology Co., Ltd. announced that they will report Q1, 2025 results on Apr 30, 2025 Announcement • Dec 31
Jiangsu Yoke Technology Co., Ltd. to Report Fiscal Year 2024 Results on Apr 18, 2025 Jiangsu Yoke Technology Co., Ltd. announced that they will report fiscal year 2024 results on Apr 18, 2025 Reported Earnings • Oct 28
Third quarter 2024 earnings released: EPS: CN¥0.48 (vs CN¥0.28 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.48 (up from CN¥0.28 in 3Q 2023). Revenue: CN¥1.74b (up 43% from 3Q 2023). Net income: CN¥229.2m (up 65% from 3Q 2023). Profit margin: 13% (up from 11% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 22% 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 26% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. New Risk • Sep 30
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 7.1% 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 High level of non-cash earnings (24% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (7.1% average weekly change). Announcement • Sep 30
Jiangsu Yoke Technology Co., Ltd. to Report Q3, 2024 Results on Oct 28, 2024 Jiangsu Yoke Technology Co., Ltd. announced that they will report Q3, 2024 results on Oct 28, 2024 Valuation Update With 7 Day Price Move • Sep 30
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to CN¥55.80, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 16x in the Chemicals industry in China. Total loss to shareholders of 25% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥35.95 per share. Announcement • Sep 21
Jiangsu Yoke Technology Co., Ltd. Announces Interim Profit Distribution Plan (A Shares) for 2024 , Payable September 27, 2024 Jiangsu Yoke Technology Co., Ltd. announced interim profit distribution plan to be implemented (A shares) for 2024: Cash dividend per 10 shares (tax included): CNY3.20000000
Record date: 26 September 2024, Ex-date: 27 September 2024, Payment date: 27 September 2024. Announcement • Sep 14
Jiangsu Yoke Technology Co., Ltd. Approves Interim Dividend Jiangsu Yoke Technology Co., Ltd. held its 4th Extraordinary General Meeting of 2024 on 12 September 2024, approved Cash dividend/10 shares (tax included): CNY 3.20000000. Announcement • Aug 29
Jiangsu Yoke Technology Co., Ltd. Proposes Dividend for the First Half of 2024 Jiangsu Yoke Technology Co., Ltd. proposed Cash dividend/10 shares (tax included): CNY 3.20000000 for the first half of 2024. Reported Earnings • Aug 28
Second quarter 2024 earnings released: EPS: CN¥0.57 (vs CN¥0.36 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.57 (up from CN¥0.36 in 2Q 2023). Revenue: CN¥1.64b (up 31% from 2Q 2023). Net income: CN¥273.6m (up 62% from 2Q 2023). Profit margin: 17% (up from 14% 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 Chemicals industry in China. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings. Announcement • Jun 29
Jiangsu Yoke Technology Co., Ltd. to Report First Half, 2024 Results on Aug 28, 2024 Jiangsu Yoke Technology Co., Ltd. announced that they will report first half, 2024 results on Aug 28, 2024 Declared Dividend • May 27
Dividend increased to CN¥0.36 Dividend of CN¥0.36 is 13% higher than last year. Ex-date: 31st May 2024 Payment date: 31st May 2024 Dividend yield will be 0.6%, which is lower than the industry average of 2.6%. Sustainability & Growth Dividend is covered by earnings (26% 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 17% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 109% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Announcement • May 25
Jiangsu Yoke Technology Co., Ltd. Announces Dividend Implementation for 2023, Payable on 31 May 2024 Jiangsu Yoke Technology Co., Ltd. announced 2023 final profit distribution plan to be implemented (A shares): Cash dividend/10 shares (tax included): CNY 3.60000000. Record date: 30 May 2024; Ex-date: 31 May 2024; Payment date: 31 May 2024. Announcement • Apr 28
Jiangsu Yoke Technology Co., Ltd., Annual General Meeting, May 16, 2024 Jiangsu Yoke Technology Co., Ltd., Annual General Meeting, May 16, 2024, at 13:30 China Standard Time. Location: The Company's Meeting Room, Yixing, Jiangsu China Agenda: To consider 2023 work report of the board of directors; to consider 2023 annual accounts report; to consider 2023 annual report and its summary; to consider 2023 profit distribution plan; to consider 2023 work report of the supervisory committee; to consider Application for comprehensive credit line by the Company, wholly-owned subsidiaries and controlled subsidiaries, and provision of mutual guarantee; to consider Purchasing structural deposits and low-risk wealth management products by the Company and subsidiaries with idle proprietary funds; and to consider other matters. Announcement • Apr 27
Jiangsu Yoke Technology Co., Ltd. Proposes Final Cash Dividend for 2023 Jiangsu Yoke Technology Co., Ltd. proposed final cash dividend/10 shares (tax included) of CNY 3.60000000 for 2023. Reported Earnings • Apr 26
First quarter 2024 earnings released: EPS: CN¥0.52 (vs CN¥0.37 in 1Q 2023) First quarter 2024 results: EPS: CN¥0.52 (up from CN¥0.37 in 1Q 2023). Revenue: CN¥1.62b (up 51% from 1Q 2023). Net income: CN¥245.9m (up 42% from 1Q 2023). Profit margin: 15% (in line with 1Q 2023). Revenue is forecast to grow 27% p.a. on average during the next 2 years, compared to a 16% growth forecast for the Chemicals industry in China. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. Announcement • Mar 30
Jiangsu Yoke Technology Co., Ltd. to Report Q1, 2024 Results on Apr 26, 2024 Jiangsu Yoke Technology Co., Ltd. announced that they will report Q1, 2024 results on Apr 26, 2024 Valuation Update With 7 Day Price Move • Mar 06
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥53.18, the stock trades at a forward P/E ratio of 26x. Average forward P/E is 15x in the Chemicals industry in China. Total loss to shareholders of 1.9% over the past three years. Valuation Update With 7 Day Price Move • Feb 02
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to CN¥36.93, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 13x in the Chemicals industry in China. Total loss to shareholders of 36% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥17.33 per share. Announcement • Dec 30
Jiangsu Yoke Technology Co., Ltd. to Report Fiscal Year 2023 Results on Apr 26, 2024 Jiangsu Yoke Technology Co., Ltd. announced that they will report fiscal year 2023 results on Apr 26, 2024 New Risk • Nov 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 6.2% 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 High level of non-cash earnings (21% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (6.2% average weekly change). Reported Earnings • Nov 02
Third quarter 2023 earnings released: EPS: CN¥0.28 (vs CN¥0.37 in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.28 (down from CN¥0.37 in 3Q 2022). Revenue: CN¥1.22b (up 10.0% from 3Q 2022). Net income: CN¥139.2m (down 24% from 3Q 2022). Profit margin: 11% (down from 16% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 26% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Chemicals industry in China. Over the last 3 years on average, earnings per share has increased by 9% 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 • Oct 20
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to CN¥55.44, the stock trades at a forward P/E ratio of 28x. Average forward P/E is 14x in the Chemicals industry in China. Total returns to shareholders of 18% over the past three years. Announcement • Sep 30
Jiangsu Yoke Technology Co., Ltd. to Report Q3, 2023 Results on Oct 31, 2023 Jiangsu Yoke Technology Co., Ltd. announced that they will report Q3, 2023 results on Oct 31, 2023 Reported Earnings • Aug 28
Second quarter 2023 earnings released: EPS: CN¥0.36 (vs CN¥0.28 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.36 (up from CN¥0.28 in 2Q 2022). Revenue: CN¥1.25b (up 14% from 2Q 2022). Net income: CN¥168.5m (up 27% from 2Q 2022). Profit margin: 14% (up from 12% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 25% 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 8% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Jul 14
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to CN¥84.38, the stock trades at a forward P/E ratio of 45x. Average forward P/E is 16x in the Chemicals industry in China. Total returns to shareholders of 43% over the past three years. Announcement • May 25
Jiangsu Yoke Technology Co., Ltd. Announces Final Dividend on A Shares for the Year 2022, Payable on May 31, 2023 Jiangsu Yoke Technology Co., Ltd. announced final cash dividend/10 shares (tax included) of CNY 3.20000000 on A shares for the year 2022. Record date is May 30, 2023. Ex-date is May 31, 2023. Payment date is May 31, 2023. Reported Earnings • Apr 29
First quarter 2023 earnings released: EPS: CN¥0.37 (vs CN¥0.31 in 1Q 2022) First quarter 2023 results: EPS: CN¥0.37 (up from CN¥0.31 in 1Q 2022). Revenue: CN¥1.07b (up 11% from 1Q 2022). Net income: CN¥172.9m (up 16% from 1Q 2022). Profit margin: 16% (in line with 1Q 2022). Revenue is forecast to grow 27% p.a. on average during the next 2 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 5% per year but the company’s share price has increased by 18% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Apr 04
Investor sentiment improves as stock rises 22% After last week's 22% share price gain to CN¥61.45, the stock trades at a forward P/E ratio of 38x. Average forward P/E is 16x in the Chemicals industry in China. Total returns to shareholders of 90% over the past three years. Board Change • Nov 16
High number of new and inexperienced directors There are 8 new directors who have joined the board in the last 3 years. The company's board is composed of: 8 new directors. 2 experienced directors. No highly experienced directors. Independent Director Xiaoyan Qi is the most experienced director on the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Reported Earnings • Oct 28
Third quarter 2022 earnings released: EPS: CN¥0.37 (vs CN¥0.29 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.37 (up from CN¥0.29 in 3Q 2021). Revenue: CN¥1.11b (up 25% from 3Q 2021). Net income: CN¥181.9m (up 23% from 3Q 2021). Profit margin: 16% (in line with 3Q 2021). Revenue is forecast to grow 20% 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 6% per year but the company’s share price has increased by 47% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Oct 12
Investor sentiment deteriorated over the past week After last week's 19% share price decline to CN¥49.82, the stock trades at a forward P/E ratio of 34x. Average forward P/E is 14x in the Chemicals industry in China. Total returns to shareholders of 159% over the past three years. Reported Earnings • Aug 31
Second quarter 2022 earnings released: EPS: CN¥0.28 (vs CN¥0.27 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.28 (up from CN¥0.27 in 2Q 2021). Revenue: CN¥1.09b (up 20% from 2Q 2021). Net income: CN¥132.9m (up 10% from 2Q 2021). Profit margin: 12% (down from 13% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 19%, compared to a 40% growth forecast for the Chemicals industry in China. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has increased by 50% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Jun 03
Investor sentiment improved over the past week After last week's 24% share price gain to CN¥56.20, the stock trades at a forward P/E ratio of 39x. Average forward P/E is 16x in the Chemicals industry in China. Total returns to shareholders of 270% over the past three years. Reported Earnings • Apr 29
First quarter 2022 earnings released: EPS: CN¥0.31 (vs CN¥0.25 in 1Q 2021) First quarter 2022 results: EPS: CN¥0.31 (up from CN¥0.25 in 1Q 2021). Revenue: CN¥965.1m (up 8.7% from 1Q 2021). Net income: CN¥148.6m (up 22% from 1Q 2021). Profit margin: 15% (up from 14% in 1Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 22%, compared to a 42% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has increased by 35% per year, which means it is tracking significantly ahead of earnings growth. Board Change • Apr 27
High number of new and inexperienced directors There are 9 new directors who have joined the board in the last 3 years. The company's board is composed of: 9 new directors. 2 experienced directors. No highly experienced directors. Independent Director Xiaoyan Qi is the most experienced director on the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Valuation Update With 7 Day Price Move • Feb 11
Investor sentiment deteriorated over the past week After last week's 16% share price decline to CN¥55.40, the stock trades at a forward P/E ratio of 34x. Average forward P/E is 19x in the Chemicals industry in China. Total returns to shareholders of 252% over the past three years. Reported Earnings • Oct 28
Third quarter 2021 earnings released: EPS CN¥0.29 (vs CN¥0.29 in 3Q 2020) The company reported a solid third quarter result with improved earnings and revenues, although profit margins were flat. Third quarter 2021 results: Revenue: CN¥888.9m (up 18% from 3Q 2020). Net income: CN¥147.6m (up 11% from 3Q 2020). Profit margin: 17% (in line with 3Q 2020). Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has increased by 72% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Aug 29
Second quarter 2021 earnings released: EPS CN¥0.27 (vs CN¥0.20 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¥915.3m (up 87% from 2Q 2020). Net income: CN¥120.5m (up 27% from 2Q 2020). Profit margin: 13% (down from 19% 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 51% per year but the company’s share price has increased by 75% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • May 19
Investor sentiment improved over the past week After last week's 16% share price gain to CN¥63.78, the stock trades at a forward P/E ratio of 44x. Average forward P/E is 18x in the Chemicals industry in China. Total returns to shareholders of 34% over the past year. Reported Earnings • Apr 15
Full year 2020 earnings released: EPS CN¥0.91 (vs CN¥0.63 in FY 2019) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: CN¥2.28b (up 25% from FY 2019). Net income: CN¥420.1m (up 44% from FY 2019). Profit margin: 18% (up from 16% in FY 2019). The increase in margin was driven by higher revenue. Is New 90 Day High Low • Mar 11
New 90-day low: CN¥54.83 The company is down 9.0% from its price of CN¥60.23 on 11 December 2020. The Chinese market is down 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 6.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥47.40 per share. Valuation Update With 7 Day Price Move • Jan 18
Investor sentiment improved over the past week After last week's 16% share price gain to CN¥72.05, the stock is trading at a trailing P/E ratio of 74x, up from the previous P/E ratio of 63.5x. This compares to an average P/E of 36x in the Chemicals industry in China. Total returns to shareholders over the past year are 125%. Is New 90 Day High Low • Jan 05
New 90-day high: CN¥63.80 The company is up 17% from its price of CN¥54.57 on 30 September 2020. The Chinese market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Chemicals industry, which is up 16% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥47.89 per share. Valuation Update With 7 Day Price Move • Jan 05
Investor sentiment improved over the past week After last week's 16% share price gain to CN¥63.80, the stock is trading at a trailing P/E ratio of 65.5x, up from the previous P/E ratio of 56.5x. This compares to an average P/E of 36x in the Chemicals industry in China. Total returns to shareholders over the past year are 155%. Is New 90 Day High Low • Dec 08
New 90-day high: CN¥62.25 The company is up 19% from its price of CN¥52.42 on 09 September 2020. The Chinese market is up 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Chemicals industry, which is up 6.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥40.37 per share. Is New 90 Day High Low • Nov 19
New 90-day high: CN¥60.94 The company is up 5.0% from its price of CN¥58.11 on 21 August 2020. The Chinese market is down 1.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Chemicals industry, which is up 6.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥41.62 per share. Valuation Update With 7 Day Price Move • Nov 05
Market bids up stock over the past week After last week's 15% share price gain to CN¥54.40, the stock is trading at a trailing P/E ratio of 55.8x, up from the previous P/E ratio of 48.3x. This compares to an average P/E of 39x in the Chemicals industry in China. Total returns to shareholders over the past year are 197%. Reported Earnings • Oct 30
Third quarter earnings released Over the last 12 months the company has reported total profits of CN¥450.9m, up 100% from the prior year. Total revenue was CN¥2.16b over the last 12 months, up 19% from the prior year. Is New 90 Day High Low • Oct 21
New 90-day low: CN¥49.14 The company is down 22% from its price of CN¥62.68 on 23 July 2020. The Chinese market is flat over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 5.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥23.57 per share.