Announcement • Jun 30
Zhe Jiang Kangsheng Co.,Ltd. to Report First Half, 2026 Results on Aug 26, 2026 Zhe Jiang Kangsheng Co.,Ltd. announced that they will report first half, 2026 results on Aug 26, 2026 Announcement • Apr 29
Zhe Jiang Kangsheng Co.,Ltd., Annual General Meeting, May 26, 2026 Zhe Jiang Kangsheng Co.,Ltd., Annual General Meeting, May 26, 2026, at 14:30 China Standard Time. Location: The Company's Meeting Room, Chun'an County, Zhejiang China Announcement • Mar 31
Zhe Jiang Kangsheng Co.,Ltd. to Report Q1, 2026 Results on Apr 29, 2026 Zhe Jiang Kangsheng Co.,Ltd. announced that they will report Q1, 2026 results on Apr 29, 2026 Announcement • Dec 31
Zhe Jiang Kangsheng Co.,Ltd. to Report Fiscal Year 2025 Results on Apr 29, 2026 Zhe Jiang Kangsheng Co.,Ltd. announced that they will report fiscal year 2025 results on Apr 29, 2026 Announcement • Sep 30
Zhe Jiang Kangsheng Co.,Ltd. to Report Q3, 2025 Results on Oct 29, 2025 Zhe Jiang Kangsheng Co.,Ltd. announced that they will report Q3, 2025 results on Oct 29, 2025 Announcement • Jul 02
Zhe Jiang Kangsheng Co.,Ltd. to Report First Half, 2025 Results on Aug 28, 2025 Zhe Jiang Kangsheng Co.,Ltd. announced that they will report first half, 2025 results on Aug 28, 2025 Announcement • Apr 25
Zhe Jiang Kangsheng Co.,Ltd., Annual General Meeting, May 19, 2025 Zhe Jiang Kangsheng Co.,Ltd., Annual General Meeting, May 19, 2025, at 14:30 China Standard Time. Location: The Company's Meeting Room, Chun'an County, Zhejiang China Announcement • Mar 31
Zhe Jiang Kangsheng Co.,Ltd. to Report Q1, 2025 Results on Apr 25, 2025 Zhe Jiang Kangsheng Co.,Ltd. announced that they will report Q1, 2025 results on Apr 25, 2025 Announcement • Dec 31
Zhe Jiang Kangsheng Co.,Ltd. to Report Fiscal Year 2024 Results on Apr 25, 2025 Zhe Jiang Kangsheng Co.,Ltd. announced that they will report fiscal year 2024 results on Apr 25, 2025 Reported Earnings • Oct 26
Third quarter 2024 earnings released: CN¥0.009 loss per share (vs CN¥0.005 profit in 3Q 2023) Third quarter 2024 results: CN¥0.009 loss per share (down from CN¥0.005 profit in 3Q 2023). Revenue: CN¥574.9m (up 1.6% from 3Q 2023). Net loss: CN¥11.0m (down 295% from profit in 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 43% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings. Announcement • Sep 30
Zhe Jiang Kangsheng Co.,Ltd. to Report Q3, 2024 Results on Oct 26, 2024 Zhe Jiang Kangsheng Co.,Ltd. announced that they will report Q3, 2024 results on Oct 26, 2024 Reported Earnings • Aug 29
Second quarter 2024 earnings released: CN¥0.001 loss per share (vs CN¥0.014 profit in 2Q 2023) Second quarter 2024 results: CN¥0.001 loss per share (down from CN¥0.014 profit in 2Q 2023). Revenue: CN¥592.5m (up 5.3% from 2Q 2023). Net loss: CN¥1.26m (down 108% from profit in 2Q 2023). Over the last 3 years on average, earnings per share has fallen by 29% per year but the company’s share price has only fallen by 23% per year, which means it has not declined as severely as earnings. New Risk • Jul 11
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 8.2% 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: Minor Risks Share price has been volatile over the past 3 months (8.2% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.7% net profit margin). Announcement • Jul 04
Shanghai Xizhong New Energy Automobile Co., Ltd. and Zhengzhou Lvgang Trading Co., Ltd. signed a letter of intent to acquire an unknown stake in Zhongzhi Yike Chengdu Automobile Co., Ltd. from Zhe Jiang Kangsheng Co.,Ltd. (SZSE:002418) and Chun'an Kangsheng Mechanical Mould Co., Ltd for CNY 33.3 million. Shanghai Xizhong New Energy Automobile Co., Ltd. and Zhengzhou Lvgang Trading Co., Ltd. signed a letter of intent to acquire an unknown stake in Zhongzhi Yike Chengdu Automobile Co., Ltd. from Zhe Jiang Kangsheng Co.,Ltd. (SZSE:002418) and Chun'an Kangsheng Mechanical Mould Co., Ltd. for CNY 33.3 million on June 25, 2024. Announcement • Jun 29
Zhe Jiang Kangsheng Co.,Ltd. to Report First Half, 2024 Results on Aug 29, 2024 Zhe Jiang Kangsheng Co.,Ltd. announced that they will report first half, 2024 results on Aug 29, 2024 Announcement • Apr 28
Zhe Jiang Kangsheng Co.,Ltd., Annual General Meeting, May 21, 2024 Zhe Jiang Kangsheng Co.,Ltd., Annual General Meeting, May 21, 2024, at 14:30 China Standard Time. Location: The Company's Meeting Room, Chun'an County, Zhejiang China Agenda: 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 annual report and its summary; to consider 2023 profit distribution plan; to consider Reappointment of 2024 audit firm; to consider Promoting the development of liquid cooling and copper alloy plates, and formulation of strategic layout; to consider Launching the factoring business for accounts receivable by the Company and subsidiaries. Reported Earnings • Apr 27
First quarter 2024 earnings released: EPS: CN¥0.002 (vs CN¥0.006 in 1Q 2023) First quarter 2024 results: EPS: CN¥0.002 (down from CN¥0.006 in 1Q 2023). Revenue: CN¥552.4m (up 9.1% from 1Q 2023). Net income: CN¥2.35m (down 66% from 1Q 2023). Profit margin: 0.4% (down from 1.4% in 1Q 2023). Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings. New Risk • Apr 17
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 11% 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 • Apr 17
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to CN¥2.32, the stock trades at a trailing P/E ratio of 63.8x. Average trailing P/E is 27x in the Metals and Mining industry in China. Total returns to shareholders of 19% over the past three years. Announcement • Mar 30
Zhe Jiang Kangsheng Co.,Ltd. to Report Q1, 2024 Results on Apr 26, 2024 Zhe Jiang Kangsheng Co.,Ltd. announced that they will report Q1, 2024 results on Apr 26, 2024 Valuation Update With 7 Day Price Move • Mar 01
Investor sentiment improves as stock rises 22% After last week's 22% share price gain to CN¥2.74, the stock trades at a trailing P/E ratio of 70.2x. Average trailing P/E is 27x in the Metals and Mining industry in China. Total returns to shareholders of 54% over the past three years. Valuation Update With 7 Day Price Move • Feb 05
Investor sentiment deteriorates as stock falls 20% After last week's 20% share price decline to CN¥2.00, the stock trades at a trailing P/E ratio of 51.2x. Average trailing P/E is 23x in the Metals and Mining industry in China. Total returns to shareholders of 37% over the past three years. Announcement • Dec 30
Zhe Jiang Kangsheng Co.,Ltd. to Report Fiscal Year 2023 Results on Apr 26, 2024 Zhe Jiang Kangsheng Co.,Ltd. announced that they will report fiscal year 2023 results on Apr 26, 2024 Reported Earnings • Nov 01
Third quarter 2023 earnings released: EPS: CN¥0.005 (vs CN¥0.022 in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.005 (down from CN¥0.022 in 3Q 2022). Revenue: CN¥565.8m (down 27% from 3Q 2022). Net income: CN¥5.62m (down 60% from 3Q 2022). Profit margin: 1.0% (down from 1.8% in 3Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 83% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth. Announcement • Sep 30
Zhe Jiang Kangsheng Co.,Ltd. to Report Q3, 2023 Results on Oct 28, 2023 Zhe Jiang Kangsheng Co.,Ltd. announced that they will report Q3, 2023 results at 3:00 PM, China Standard Time on Oct 28, 2023 Reported Earnings • Aug 16
Second quarter 2023 earnings released: EPS: CN¥0.014 (vs CN¥0 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.014 (up from CN¥0 in 2Q 2022). Revenue: CN¥562.4m (flat on 2Q 2022). Net income: CN¥15.9m (up CN¥15.6m from 2Q 2022). Profit margin: 2.8% (up from 0.1% in 2Q 2022). Over the last 3 years on average, earnings per share has increased by 111% per year but the company’s share price has only increased by 22% per year, which means it is significantly lagging earnings growth. Reported Earnings • Apr 28
Full year 2022 earnings released: EPS: CN¥0.02 (vs CN¥0.03 in FY 2021) Full year 2022 results: EPS: CN¥0.02 (down from CN¥0.03 in FY 2021). Revenue: CN¥3.15b (up 33% from FY 2021). Net income: CN¥17.9m (down 52% from FY 2021). Profit margin: 0.6% (down from 1.6% in FY 2021). Over the last 3 years on average, earnings per share has increased by 117% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth. Board Change • Nov 16
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. 5 non-independent directors. Independent Director Bo Yu was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Oct 31
Third quarter 2022 earnings released: EPS: CN¥0.011 (vs CN¥0.001 loss in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.011 (up from CN¥0.001 loss in 3Q 2021). Revenue: CN¥537.3m (down 4.8% from 3Q 2021). Net income: CN¥12.5m (up CN¥13.3m from 3Q 2021). Profit margin: 2.3% (up from net loss in 3Q 2021). Over the last 3 years on average, earnings per share has increased by 124% 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 • Aug 03
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. 5 non-independent directors. Independent Director Bo Yu was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • May 02
First quarter 2022 earnings released: CN¥0.01 loss per share (vs CN¥0.021 profit in 1Q 2021) First quarter 2022 results: CN¥0.01 loss per share (down from CN¥0.021 profit in 1Q 2021). Revenue: CN¥1.04b (up 81% from 1Q 2021). Net loss: CN¥10.8m (down 146% from profit in 1Q 2021). Over the last 3 years on average, earnings per share has increased by 108% per year but the company’s share price has fallen by 18% per year, which means it is significantly lagging earnings. Board Change • Apr 27
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. 2 highly experienced directors. Member of the Supervisory Board Hai Qin Hu is the most experienced director on the board, commencing their role in 2013. 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 • Nov 20
Investor sentiment improved over the past week After last week's 20% share price gain to CN¥4.21, the stock trades at a trailing P/E ratio of 61.2x. Average trailing P/E is 31x in the Metals and Mining industry in China. Total returns to shareholders of 35% over the past three years. Reported Earnings • Oct 26
Third quarter 2021 earnings released: CN¥0.001 loss per share (vs CN¥0.004 loss in 3Q 2020) The company reported a solid third quarter result with reduced losses, improved revenues and improved control over expenses. Third quarter 2021 results: Revenue: CN¥564.3m (up 3.1% from 3Q 2020). Net loss: CN¥883.1k (loss narrowed 77% from 3Q 2020). Over the last 3 years on average, earnings per share has increased by 69% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. Reported Earnings • Aug 29
Second quarter 2021 earnings released: CN¥0.009 loss per share (vs CN¥0.003 profit in 2Q 2020) The company reported a soft second quarter result with weaker earnings and weaker control over costs, although revenues improved. Second quarter 2021 results: Revenue: CN¥576.5m (up 17% from 2Q 2020). Net loss: CN¥9.95m (down 403% from profit in 2Q 2020). Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Jul 22
Investor sentiment improved over the past week After last week's 21% share price gain to CN¥4.16, the stock trades at a trailing P/E ratio of 49.3x. Average trailing P/E is 30x in the Metals and Mining industry in China. Total returns to shareholders of 2.2% over the past three years. Valuation Update With 7 Day Price Move • Jun 29
Investor sentiment improved over the past week After last week's 24% share price gain to CN¥3.01, the stock trades at a trailing P/E ratio of 35.7x. Average trailing P/E is 28x in the Metals and Mining industry in China. Total loss to shareholders of 34% over the past three years. Valuation Update With 7 Day Price Move • May 27
Investor sentiment improved over the past week After last week's 17% share price gain to CN¥2.53, the stock trades at a trailing P/E ratio of 30x. Average trailing P/E is 28x in the Metals and Mining industry in China. Total loss to shareholders of 72% over the past three years. Reported Earnings • Apr 19
Full year 2020 earnings released: EPS CN¥0.02 (vs CN¥0.48 loss in FY 2019) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: CN¥2.35b (up 17% from FY 2019). Net income: CN¥21.0m (up CN¥563.3m from FY 2019). Profit margin: 0.9% (up from net loss in FY 2019). The move to profitability was primarily 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 fallen by 40% per year, which means it is performing significantly worse than earnings. Is New 90 Day High Low • Jan 22
New 90-day low: CN¥1.67 The company is down 11% from its price of CN¥1.88 on 23 October 2020. The Chinese market is up 12% 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 • Dec 23
New 90-day low: CN¥1.76 The company is down 11% from its price of CN¥1.97 on 24 September 2020. The Chinese market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Metals and Mining industry, which is up 13% 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¥416.3m, with losses narrowing by 67% from the prior year. Total revenue was CN¥1.89b over the last 12 months, up 17% from the prior year. 
