New Risk • Jul 17
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Chinese stocks, typically moving 12% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. This is currently the only risk that has been identified for the company. Announcement • Jun 30
Jiangyin Jianghua Microelectronics Materials Co., Ltd to Report First Half, 2026 Results on Aug 26, 2026 Jiangyin Jianghua Microelectronics Materials Co., Ltd announced that they will report first half, 2026 results on Aug 26, 2026 New Risk • Jun 12
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 8.6% 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. Board Change • May 20
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. 6 non-independent directors. Independent Director Xiao Ke Zhang was the last independent director to join the board, commencing their role in 2023. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Apr 25
Jiangyin Jianghua Microelectronics Materials Co., Ltd, Annual General Meeting, May 15, 2026 Jiangyin Jianghua Microelectronics Materials Co., Ltd, Annual General Meeting, May 15, 2026, at 13:00 China Standard Time. Location: 4F, Executive Builidng, No. 581, Changshou Yungu Road, Zhouzhuang Town, Jiangyin, Jiangsu China Announcement • Mar 30
Jiangyin Jianghua Microelectronics Materials Co., Ltd to Report Q1, 2026 Results on Apr 30, 2026 Jiangyin Jianghua Microelectronics Materials Co., Ltd announced that they will report Q1, 2026 results on Apr 30, 2026 Announcement • Dec 26
Jiangyin Jianghua Microelectronics Materials Co., Ltd to Report Fiscal Year 2025 Results on Apr 25, 2026 Jiangyin Jianghua Microelectronics Materials Co., Ltd announced that they will report fiscal year 2025 results on Apr 25, 2026 Announcement • Sep 30
Jiangyin Jianghua Microelectronics Materials Co., Ltd to Report Q3, 2025 Results on Oct 25, 2025 Jiangyin Jianghua Microelectronics Materials Co., Ltd announced that they will report Q3, 2025 results on Oct 25, 2025 Announcement • Jun 30
Jiangyin Jianghua Microelectronics Materials Co., Ltd to Report First Half, 2025 Results on Aug 23, 2025 Jiangyin Jianghua Microelectronics Materials Co., Ltd announced that they will report first half, 2025 results on Aug 23, 2025 Announcement • Mar 28
Jiangyin Jianghua Microelectronics Materials Co., Ltd to Report Q1, 2025 Results on Apr 26, 2025 Jiangyin Jianghua Microelectronics Materials Co., Ltd announced that they will report Q1, 2025 results on Apr 26, 2025 Announcement • Mar 24
Jiangyin Jianghua Microelectronics Materials Co., Ltd, Annual General Meeting, Apr 11, 2025 Jiangyin Jianghua Microelectronics Materials Co., Ltd, Annual General Meeting, Apr 11, 2025, at 13:00 China Standard Time. Location: The Company's Meeting Room, Jiangyin, Jiangsu China Announcement • Dec 27
Jiangyin Jianghua Microelectronics Materials Co., Ltd to Report Fiscal Year 2024 Results on Mar 22, 2025 Jiangyin Jianghua Microelectronics Materials Co., Ltd announced that they will report fiscal year 2024 results on Mar 22, 2025 Announcement • Nov 25
Jiangyin Jianghua Microelectronics Materials Co., Ltd (SHSE:603078) agreed to acquire remaining 25.71% stake in Jianghuawei (Zhenjiang) Electronic Materials Co., Ltd. from Jinshi Manufacturing Transformation and Upgrading New Materials Fund (L.P.) and Beijing Taiyou Investment Management Co., Ltd. for CNY 337.64 million. Jiangyin Jianghua Microelectronics Materials Co., Ltd (SHSE:603078) agreed to acquire remaining 25.71% stake in Jianghuawei (Zhenjiang) Electronic Materials Co., Ltd. from Jinshi Manufacturing Transformation and Upgrading New Materials Fund (L.P.) and Beijing Taiyou Investment Management Co., Ltd. for CNY 337.64 million on November 22, 2024. A cash consideration of CNY 337.64 million will be paid by Jiangyin Jianghua Microelectronics Materials Co., Ltd. As part of consideration, CNY 337.64 million is paid towards common equity of Jianghuawei (Zhenjiang) Electronic Materials Co., Ltd. Upon completion, Jiangyin Jianghua Microelectronics Materials Co., Ltd will own 100% stake in Jianghuawei (Zhenjiang) Electronic Materials Co., Ltd. The transaction will be financed through equity investment of CNY 135.05 trillion and senior debt of CNY 202.58 million. As of September 30, 2024, Jianghuawei (Zhenjiang) Electronic Materials Co., Ltd. reported total assets of CNY 1.2 billion and total common equity of CNY 884.63 million. The transaction is subject to approval of offer by acquirer board. The deal has been approved by the board. Valuation Update With 7 Day Price Move • Nov 11
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to CN¥18.04, the stock trades at a forward P/E ratio of 41x. Average forward P/E is 19x in the Chemicals industry in China. Total returns to shareholders of 1.2% over the past year. Reported Earnings • Oct 27
Third quarter 2024 earnings released: EPS: CN¥0.076 (vs CN¥0.087 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.076 (down from CN¥0.087 in 3Q 2023). Revenue: CN¥298.7m (up 9.6% from 3Q 2023). Net income: CN¥29.4m (down 13% from 3Q 2023). Profit margin: 9.8% (down from 12% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 25% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Chemicals industry in China. Valuation Update With 7 Day Price Move • Sep 30
Investor sentiment improves as stock rises 23% After last week's 23% share price gain to CN¥14.29, the stock trades at a forward P/E ratio of 35x. Average forward P/E is 16x in the Chemicals industry in China. Total loss to shareholders of 12% over the past year. Announcement • Sep 30
Jiangyin Jianghua Microelectronics Materials Co., Ltd to Report Q3, 2024 Results on Oct 26, 2024 Jiangyin Jianghua Microelectronics Materials Co., Ltd announced that they will report Q3, 2024 results on Oct 26, 2024 Reported Earnings • Aug 17
Second quarter 2024 earnings released: EPS: CN¥0.082 (vs CN¥0.099 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.082 (down from CN¥0.099 in 2Q 2023). Revenue: CN¥277.6m (up 1.7% from 2Q 2023). Net income: CN¥31.5m (down 17% from 2Q 2023). Profit margin: 11% (down from 14% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 24% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Chemicals industry in China. Buy Or Sell Opportunity • Jul 01
Now 27% undervalued Over the last 90 days, the stock has risen 2.0% to CN¥13.47. The fair value is estimated to be CN¥18.40, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 16% over the last 3 years. Earnings per share has grown by 21%. Revenue is forecast to grow by 66% in 2 years. Earnings are forecast to grow by 127% in the next 2 years. Announcement • Jun 29
Jiangyin Jianghua Microelectronics Materials Co., Ltd to Report First Half, 2024 Results on Aug 17, 2024 Jiangyin Jianghua Microelectronics Materials Co., Ltd announced that they will report first half, 2024 results on Aug 17, 2024 Buy Or Sell Opportunity • Jun 18
Now 21% undervalued The stock has been flat over the last 90 days, currently trading at CN¥14.55. The fair value is estimated to be CN¥18.32, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 16% over the last 3 years. Earnings per share has grown by 21%. Revenue is forecast to grow by 66% in 2 years. Earnings are forecast to grow by 127% in the next 2 years. Announcement • Apr 29
Jiangyin Jianghua Microelectronics Materials Co., Ltd, Annual General Meeting, May 17, 2024 Jiangyin Jianghua Microelectronics Materials Co., Ltd, Annual General Meeting, May 17, 2024, at 13:00 China Standard Time. Location: The Company's Meeting Room, Jiangyin, Jiangsu China Reported Earnings • Apr 28
First quarter 2024 earnings released: EPS: CN¥0.066 (vs CN¥0.07 in 1Q 2023) First quarter 2024 results: EPS: CN¥0.066 (down from CN¥0.07 in 1Q 2023). Revenue: CN¥243.9m (up 8.0% from 1Q 2023). Net income: CN¥25.4m (down 5.3% from 1Q 2023). Profit margin: 10% (down from 12% in 1Q 2023). 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 16% growth forecast for the Chemicals industry in China. Announcement • Mar 29
Jiangyin Jianghua Microelectronics Materials Co., Ltd to Report Q1, 2024 Results on Apr 27, 2024 Jiangyin Jianghua Microelectronics Materials Co., Ltd announced that they will report Q1, 2024 results on Apr 27, 2024 Reported Earnings • Mar 16
Full year 2023 earnings released: EPS: CN¥0.27 (vs CN¥0.32 in FY 2022) Full year 2023 results: EPS: CN¥0.27 (down from CN¥0.32 in FY 2022). Revenue: CN¥1.03b (up 9.7% from FY 2022). Net income: CN¥105.3m (flat on FY 2022). Profit margin: 10% (down from 11% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 31% 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 • Feb 02
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to CN¥11.05, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 13x in the Chemicals industry in China. Simply Wall St's valuation model estimates the intrinsic value at CN¥16.26 per share. Buy Or Sell Opportunity • Jan 30
Now 23% undervalued after recent price drop Over the last 90 days, the stock has fallen 24% to CN¥12.51. The fair value is estimated to be CN¥16.18, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 21% over the last 3 years. Earnings per share has grown by 29%. Revenue is forecast to grow by 84% in 2 years. Earnings are forecast to grow by 128% in the next 2 years. Announcement • Dec 29
Jiangyin Jianghua Microelectronics Materials Co., Ltd to Report Fiscal Year 2023 Results on Feb 29, 2024 Jiangyin Jianghua Microelectronics Materials Co., Ltd announced that they will report fiscal year 2023 results on Feb 29, 2024 Reported Earnings • Nov 01
Third quarter 2023 earnings released: EPS: CN¥0.087 (vs CN¥0.061 in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.087 (up from CN¥0.061 in 3Q 2022). Revenue: CN¥272.6m (up 21% from 3Q 2022). Net income: CN¥33.7m (up 66% from 3Q 2022). Profit margin: 12% (up from 9.0% in 3Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 27% p.a. on average during the next 3 years, compared to a 19% growth forecast for the Chemicals industry in China. Reported Earnings • Aug 19
Second quarter 2023 earnings released: EPS: CN¥0.099 (vs CN¥0.086 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.099 (up from CN¥0.086 in 2Q 2022). Revenue: CN¥273.0m (up 21% from 2Q 2022). Net income: CN¥38.0m (up 33% from 2Q 2022). Profit margin: 14% (up from 13% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 24% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Chemicals industry in China. Reported Earnings • Mar 15
Full year 2022 earnings released: EPS: CN¥0.41 (vs CN¥0.22 in FY 2021) Full year 2022 results: EPS: CN¥0.41 (up from CN¥0.22 in FY 2021). Revenue: CN¥939.2m (up 19% from FY 2021). Net income: CN¥105.7m (up 87% from FY 2021). Profit margin: 11% (up from 7.1% in FY 2021). The increase in margin was driven by higher revenue. Board Change • Mar 15
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. 10 experienced directors. No highly experienced directors. 3 independent directors (4 non-independent directors). Independent Director Zuo Jun Xu was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. 
