Announcement • Jun 30
Xinxiang Richful Lube Additive Co.,Ltd. to Report First Half, 2026 Results on Aug 26, 2026 Xinxiang Richful Lube Additive Co.,Ltd. announced that they will report first half, 2026 results on Aug 26, 2026 Declared Dividend • May 27
Dividend increased to CN¥1.50 Dividend of CN¥1.50 is 63% higher than last year. Ex-date: 29th May 2026 Payment date: 29th May 2026 Dividend yield will be 3.3%, which is higher than the industry average of 2.6%. Sustainability & Growth Dividend is covered by both earnings (65% earnings payout ratio) and cash flows (89% cash payout ratio). The dividend has increased by an average of 29% per year over the past 5 years and payments have been stable during that time. EPS is expected to grow by 90% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Buy Or Sell Opportunity • May 22
Now 20% overvalued Over the last 90 days, the stock has fallen 22% to CN¥44.75. The fair value is estimated to be CN¥37.26, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 3.9% over the last 3 years. Earnings per share has declined by 2.6%. Revenue is forecast to grow by 57% in 2 years. Earnings are forecast to grow by 73% in the next 2 years. Board Change • May 20
High number of new and inexperienced directors There are 7 new directors who have joined the board in the last 3 years. The company's board is composed of: 7 new directors. No experienced directors. 2 highly experienced directors. Deputy GM, CFO, Secretary to the Board & Non-Independent Director Qingchun Shang is the most experienced director on the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Announcement • Mar 31
Xinxiang Richful Lube Additive Co.,Ltd. to Report Q1, 2026 Results on Apr 23, 2026 Xinxiang Richful Lube Additive Co.,Ltd. announced that they will report Q1, 2026 results on Apr 23, 2026 Announcement • Mar 20
Xinxiang Richful Lube Additive Co.,Ltd., Annual General Meeting, Apr 10, 2026 Xinxiang Richful Lube Additive Co.,Ltd., Annual General Meeting, Apr 10, 2026, at 14:00 China Standard Time. Location: The Company's Meeting Room, Xinxiang County, Henan China Announcement • Dec 31
Xinxiang Richful Lube Additive Co.,Ltd. to Report Fiscal Year 2025 Results on Mar 21, 2026 Xinxiang Richful Lube Additive Co.,Ltd. announced that they will report fiscal year 2025 results on Mar 21, 2026 Announcement • Sep 30
Xinxiang Richful Lube Additive Co.,Ltd. to Report Q3, 2025 Results on Oct 28, 2025 Xinxiang Richful Lube Additive Co.,Ltd. announced that they will report Q3, 2025 results on Oct 28, 2025 Announcement • Jul 02
Xinxiang Richful Lube Additive Co.,Ltd. to Report First Half, 2025 Results on Aug 23, 2025 Xinxiang Richful Lube Additive Co.,Ltd. announced that they will report first half, 2025 results on Aug 23, 2025 Announcement • Apr 22
Xinxiang Richful Lube Additive Co.,Ltd. Approves Final Cash Dividend for the Year 2024 Xinxiang Richful Lube Additive Co.,Ltd. held its Annual General Meeting of 2024 on 18 April 2025 and approved Cash dividend/10 shares (tax included) of CNY 12.00000000. Announcement • Apr 01
Xinxiang Richful Lube Additive Co.,Ltd. Proposes Final Cash Dividend for the Year 2024 Xinxiang Richful Lube Additive Co.,Ltd. proposed final cash dividend per 10 shares (tax included) of CNY 12 for the year 2024. Announcement • Mar 31
Xinxiang Richful Lube Additive Co.,Ltd. to Report Q1, 2025 Results on Apr 22, 2025 Xinxiang Richful Lube Additive Co.,Ltd. announced that they will report Q1, 2025 results on Apr 22, 2025 Announcement • Mar 29
Xinxiang Richful Lube Additive Co.,Ltd., Annual General Meeting, Apr 18, 2025 Xinxiang Richful Lube Additive Co.,Ltd., Annual General Meeting, Apr 18, 2025, at 14:00 China Standard Time. Location: The Company's Meeting Room, Xinxiang County, Henan China Announcement • Dec 31
Xinxiang Richful Lube Additive Co.,Ltd. to Report Fiscal Year 2024 Results on Mar 29, 2025 Xinxiang Richful Lube Additive Co.,Ltd. announced that they will report fiscal year 2024 results on Mar 29, 2025 Reported Earnings • Oct 23
Third quarter 2024 earnings released: EPS: CN¥0.64 (vs CN¥0.70 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.64 (down from CN¥0.70 in 3Q 2023). Revenue: CN¥800.4m (down 1.7% from 3Q 2023). Net income: CN¥181.2m (down 9.8% from 3Q 2023). Profit margin: 23% (down from 25% in 3Q 2023). 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. Announcement • Sep 30
Xinxiang Richful Lube Additive Co.,Ltd. to Report Q3, 2024 Results on Oct 23, 2024 Xinxiang Richful Lube Additive Co.,Ltd. announced that they will report Q3, 2024 results on Oct 23, 2024 Valuation Update With 7 Day Price Move • Sep 28
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to CN¥41.74, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 16x in the Chemicals industry in China. Total loss to shareholders of 4.0% over the past year. Reported Earnings • Aug 26
Second quarter 2024 earnings released: EPS: CN¥0.58 (vs CN¥0.53 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.58 (up from CN¥0.53 in 2Q 2023). Revenue: CN¥786.3m (up 10% from 2Q 2023). Net income: CN¥166.1m (up 8.5% from 2Q 2023). Profit margin: 21% (in line with 2Q 2023). Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Chemicals industry in China. Announcement • Jun 29
Xinxiang Richful Lube Additive Co.,Ltd. to Report First Half, 2024 Results on Aug 26, 2024 Xinxiang Richful Lube Additive Co.,Ltd. announced that they will report first half, 2024 results on Aug 26, 2024 Reported Earnings • Apr 26
First quarter 2024 earnings released: EPS: CN¥0.53 (vs CN¥0.34 in 1Q 2023) First quarter 2024 results: EPS: CN¥0.53 (up from CN¥0.34 in 1Q 2023). Revenue: CN¥713.9m (up 14% from 1Q 2023). Net income: CN¥152.8m (up 58% from 1Q 2023). Profit margin: 21% (up from 16% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 19% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Chemicals industry in China. New Risk • Apr 12
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.2% 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: Major Risk High level of non-cash earnings (27% accrual ratio). Minor Risks Dividend is not well covered by cash flows (152% cash payout ratio). Shareholders have been diluted in the past year (2.2% increase in shares outstanding). Announcement • Mar 30
Xinxiang Richful Lube Additive Co.,Ltd. to Report Q1, 2024 Results on Apr 26, 2024 Xinxiang Richful Lube Additive Co.,Ltd. announced that they will report Q1, 2024 results on Apr 26, 2024 Announcement • Mar 27
Xinxiang Richful Lube Additive Co.,Ltd., Annual General Meeting, Apr 16, 2024 Xinxiang Richful Lube Additive Co.,Ltd., Annual General Meeting, Apr 16, 2024, at 14:00 China Standard Time. Location: The Company's Meeting Room, Xinxiang County, Henan China Reported Earnings • Mar 27
Full year 2023 earnings released: EPS: CN¥2.63 (vs CN¥2.06 in FY 2022) Full year 2023 results: EPS: CN¥2.63 (up from CN¥2.06 in FY 2022). Revenue: CN¥2.82b (down 7.6% from FY 2022). Net income: CN¥606.5m (up 3.1% from FY 2022). Profit margin: 22% (up from 19% in FY 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 27% p.a. on average during the next 2 years, compared to a 17% growth forecast for the Chemicals industry in China. Buy Or Sell Opportunity • Feb 07
Now 20% overvalued Over the last 90 days, the stock has fallen 7.4% to CN¥43.98. The fair value is estimated to be CN¥36.63, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 55% over the last 3 years. Earnings per share has grown by 55%. Revenue is forecast to grow by 54% in 2 years. Earnings are forecast to grow by 41% in the next 2 years. Announcement • Dec 29
Xinxiang Richful Lube Additive Co.,Ltd. to Report Fiscal Year 2023 Results on Mar 27, 2024 Xinxiang Richful Lube Additive Co.,Ltd. announced that they will report fiscal year 2023 results on Mar 27, 2024 Valuation Update With 7 Day Price Move • Nov 01
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to CN¥44.08, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 15x in the Chemicals industry in China. Total loss to shareholders of 42% over the past year. Simply Wall St's valuation model estimates the intrinsic value at CN¥37.64 per share. Reported Earnings • Oct 24
Third quarter 2023 earnings released: EPS: CN¥0.70 (vs CN¥0.77 in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.70 (down from CN¥0.77 in 3Q 2022). Revenue: CN¥814.3m (down 20% from 3Q 2022). Net income: CN¥201.0m (down 7.6% from 3Q 2022). Profit margin: 25% (up from 21% in 3Q 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 23% p.a. on average during the next 3 years, compared to a 19% growth forecast for the Chemicals industry in China. Reported Earnings • Aug 24
Second quarter 2023 earnings released: EPS: CN¥2.39 (vs CN¥0.33 in 2Q 2022) Second quarter 2023 results: EPS: CN¥2.39 (up from CN¥0.33 in 2Q 2022). Revenue: CN¥714.1m (up 14% from 2Q 2022). Net income: CN¥153.1m (up 62% from 2Q 2022). Profit margin: 21% (up from 15% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 41% p.a. on average during the next 2 years, compared to a 18% growth forecast for the Chemicals industry in China. Buying Opportunity • Aug 07
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 6.4%. The fair value is estimated to be CN¥65.84, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 63% over the last 3 years. Earnings per share has grown by 47%. Revenue is forecast to grow by 59% in a year. Earnings is forecast to grow by 61% in the next year. Buying Opportunity • Jul 20
Now 21% undervalued Over the last 90 days, the stock is up 12%. The fair value is estimated to be CN¥65.83, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 63% over the last 3 years. Earnings per share has grown by 47%. Revenue is forecast to grow by 59% in a year. Earnings is forecast to grow by 61% in the next year. Valuation Update With 7 Day Price Move • Jul 18
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥54.55, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 16x in the Chemicals industry in China. Total returns to shareholders of 58% over the past year. Simply Wall St's valuation model estimates the intrinsic value at CN¥65.92 per share. Announcement • Jul 01
Xinxiang Richful Lube Additive Co., Ltd to Report First Half, 2023 Results on Aug 24, 2023 Xinxiang Richful Lube Additive Co., Ltd announced that they will report first half, 2023 results on Aug 24, 2023 Announcement • May 06
Xinxiang Richful Lube Additive Co., Ltd Announces Final Cash Dividend on A Shares for the Year 2022, Payable on 12 May 2023 Xinxiang Richful Lube Additive Co. Ltd. announced final cash dividend of CNY 23.00000000 per 10 shares (tax included) on A Shares for the year 2022. Record date: 11 May 2023, Ex-date: 12 May 2023 and Payment date: 12 May 2023. Valuation Update With 7 Day Price Move • Apr 21
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to CN¥89.00, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 15x in the Chemicals industry in China. Total returns to shareholders of 85% over the past year. Simply Wall St's valuation model estimates the intrinsic value at CN¥124 per share. Buying Opportunity • Apr 21
Now 28% undervalued after recent price drop Over the last 90 days, the stock is down 33%. The fair value is estimated to be CN¥124, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 51% over the last 3 years. Earnings per share has grown by 35%. Revenue is forecast to grow by 109% in 2 years. Earnings is forecast to grow by 123% in the next 2 years. Reported Earnings • Apr 08
Full year 2022 earnings released: EPS: CN¥3.92 (vs CN¥1.34 in FY 2021) Full year 2022 results: EPS: CN¥3.92 (up from CN¥1.34 in FY 2021). Revenue: CN¥3.05b (up 182% from FY 2021). Net income: CN¥588.1m (up 193% from FY 2021). Profit margin: 19% (in line with FY 2021). Revenue is forecast to grow 35% p.a. on average during the next 2 years, compared to a 18% growth forecast for the Chemicals industry in China. Valuation Update With 7 Day Price Move • Mar 22
Investor sentiment deteriorates as stock falls 26% After last week's 26% share price decline to CN¥101, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 15x in the Chemicals industry in China. Total returns to shareholders of 100% over the past year. Simply Wall St's valuation model estimates the intrinsic value at CN¥73.07 per share. Valuation Update With 7 Day Price Move • Mar 08
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to CN¥139, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 16x in the Chemicals industry in China. Total returns to shareholders of 172% over the past year. Simply Wall St's valuation model estimates the intrinsic value at CN¥72.45 per share. Valuation Update With 7 Day Price Move • Dec 30
Investor sentiment improved over the past week After last week's 19% share price gain to CN¥123, the stock trades at a forward P/E ratio of 33x. Average forward P/E is 15x in the Chemicals industry in China. Total returns to shareholders of 57% over the past year. Simply Wall St's valuation model estimates the intrinsic value at CN¥81.90 per share. Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 4 non-independent directors. Independent Director Xianping Cheng 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. Reported Earnings • Oct 21
Third quarter 2022 earnings released: EPS: CN¥1.46 (vs CN¥0.21 in 3Q 2021) Third quarter 2022 results: EPS: CN¥1.46 (up from CN¥0.21 in 3Q 2021). Revenue: CN¥1.02b (up 438% from 3Q 2021). Net income: CN¥217.5m (up CN¥185.9m from 3Q 2021). Profit margin: 21% (up from 17% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 34% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Chemicals industry in China. Valuation Update With 7 Day Price Move • Oct 15
Investor sentiment improved over the past week After last week's 16% share price gain to CN¥128, the stock trades at a forward P/E ratio of 45x. Average forward P/E is 15x in the Chemicals industry in China. Reported Earnings • Aug 27
Second quarter 2022 earnings released: EPS: CN¥0.63 (vs CN¥0.30 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.63 (up from CN¥0.30 in 2Q 2021). Revenue: CN¥624.5m (up 161% from 2Q 2021). Net income: CN¥94.6m (up 110% from 2Q 2021). Profit margin: 15% (down from 19% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 33%, compared to a 39% growth forecast for the Chemicals industry in China. Valuation Update With 7 Day Price Move • Jun 28
Investor sentiment improved over the past week After last week's 22% share price gain to CN¥61.50, the stock trades at a forward P/E ratio of 40x. Average forward P/E is 18x in the Chemicals industry in China. Simply Wall St's valuation model estimates the intrinsic value at CN¥26.86 per share. Valuation Update With 7 Day Price Move • Jun 03
Investor sentiment improved over the past week After last week's 17% share price gain to CN¥49.11, the stock trades at a forward P/E ratio of 32x. Average forward P/E is 16x in the Chemicals industry in China. Simply Wall St's valuation model estimates the intrinsic value at CN¥26.54 per share. Valuation Update With 7 Day Price Move • Apr 28
Investor sentiment deteriorated over the past week After last week's 21% share price decline to CN¥41.76, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 14x in the Chemicals industry in China. Simply Wall St's valuation model estimates the intrinsic value at CN¥23.68 per share. Reported Earnings • Apr 27
First quarter 2022 earnings released: EPS: CN¥0.34 (vs CN¥0.39 in 1Q 2021) First quarter 2022 results: EPS: CN¥0.34 (down from CN¥0.39 in 1Q 2021). Revenue: CN¥396.3m (up 61% from 1Q 2021). Net income: CN¥51.5m (down 13% from 1Q 2021). Profit margin: 13% (down from 24% in 1Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 56%, compared to a 43% growth forecast for the industry in China. Valuation Update With 7 Day Price Move • Apr 18
Investor sentiment improved over the past week After last week's 20% share price gain to CN¥54.13, the stock trades at a forward P/E ratio of 32x. Average forward P/E is 17x in the Chemicals industry in China. Reported Earnings • Apr 13
Full year 2021 earnings released: EPS: CN¥1.34 (vs CN¥1.58 in FY 2020) Full year 2021 results: EPS: CN¥1.34. Revenue: CN¥1.08b (up 26% from FY 2020). Net income: CN¥201.0m (up 9.9% from FY 2020). Profit margin: 19% (down from 21% in FY 2020). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 61%, compared to a 48% growth forecast for the industry in China.