Reported Earnings • Apr 29
First quarter 2026 earnings released: EPS: CN¥0.009 (vs CN¥0.001 in 1Q 2025) First quarter 2026 results: EPS: CN¥0.009 (up from CN¥0.001 in 1Q 2025). Revenue: CN¥238.4m (down 3.3% from 1Q 2025). Net income: CN¥30.7m (up CN¥27.8m from 1Q 2025). Profit margin: 13% (up from 1.2% in 1Q 2025). Over the last 3 years on average, earnings per share has fallen by 58% per year but the company’s share price has only fallen by 22% per year, which means it has not declined as severely as earnings. Announcement • Apr 29
Zhejiang Jinke Tom Culture Industry Co., LTD., Annual General Meeting, May 20, 2026 Zhejiang Jinke Tom Culture Industry Co., LTD., Annual General Meeting, May 20, 2026, at 14:00 China Standard Time. Location: The Company's Meeting Room, Hangzhou, Zhejiang China Announcement • Mar 31
Zhejiang Jinke Tom Culture Industry Co., LTD. to Report Q1, 2026 Results on Apr 29, 2026 Zhejiang Jinke Tom Culture Industry Co., LTD. announced that they will report Q1, 2026 results on Apr 29, 2026 New Risk • Jan 16
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 7.3% 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 Earnings have declined by 32% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (7.3% average weekly change). Announcement • Dec 31
Zhejiang Jinke Tom Culture Industry Co., LTD. to Report Fiscal Year 2025 Results on Apr 29, 2026 Zhejiang Jinke Tom Culture Industry Co., LTD. announced that they will report fiscal year 2025 results on Apr 29, 2026 Reported Earnings • Oct 26
Third quarter 2025 earnings released: CN¥0.003 loss per share (vs CN¥0.003 profit in 3Q 2024) Third quarter 2025 results: CN¥0.003 loss per share (down from CN¥0.003 profit in 3Q 2024). Revenue: CN¥233.9m (down 20% from 3Q 2024). Net loss: CN¥13.6m (down 234% from profit in 3Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 98 percentage points per year, which is a significant difference in performance. Announcement • Sep 30
Zhejiang Jinke Tom Culture Industry Co., LTD. to Report Q3, 2025 Results on Oct 27, 2025 Zhejiang Jinke Tom Culture Industry Co., LTD. announced that they will report Q3, 2025 results on Oct 27, 2025 Reported Earnings • Aug 25
Second quarter 2025 earnings released: CN¥0.014 loss per share (vs CN¥0.003 profit in 2Q 2024) Second quarter 2025 results: CN¥0.014 loss per share (down from CN¥0.003 profit in 2Q 2024). Revenue: CN¥216.3m (down 22% from 2Q 2024). Net loss: CN¥33.3m (down 396% from profit in 2Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 113 percentage points per year, which is a significant difference in performance. Announcement • Jul 02
Zhejiang Jinke Tom Culture Industry Co., LTD. to Report First Half, 2025 Results on Aug 28, 2025 Zhejiang Jinke Tom Culture Industry Co., LTD. announced that they will report first half, 2025 results on Aug 28, 2025 Reported Earnings • May 02
First quarter 2025 earnings released: EPS: CN¥0.001 (vs CN¥0.018 in 1Q 2024) First quarter 2025 results: EPS: CN¥0.001 (down from CN¥0.018 in 1Q 2024). Revenue: CN¥246.5m (down 17% from 1Q 2024). Net income: CN¥2.95m (down 95% from 1Q 2024). Profit margin: 1.2% (down from 21% in 1Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 115 percentage points per year, which is a significant difference in performance. Announcement • Apr 29
Zhejiang Jinke Tom Culture Industry Co., LTD., Annual General Meeting, May 21, 2025 Zhejiang Jinke Tom Culture Industry Co., LTD., Annual General Meeting, May 21, 2025, at 14:00 China Standard Time. New Risk • Apr 07
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 10.0% 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 • Mar 31
Zhejiang Jinke Tom Culture Industry Co., LTD. to Report Q1, 2025 Results on Apr 29, 2025 Zhejiang Jinke Tom Culture Industry Co., LTD. announced that they will report Q1, 2025 results on Apr 29, 2025 Announcement • Dec 31
Zhejiang Jinke Tom Culture Industry Co., LTD. to Report Fiscal Year 2024 Results on Apr 29, 2025 Zhejiang Jinke Tom Culture Industry Co., LTD. announced that they will report fiscal year 2024 results on Apr 29, 2025 New Risk • Nov 20
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 13% 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. Reported Earnings • Oct 29
Third quarter 2024 earnings released: EPS: CN¥0.003 (vs CN¥0.004 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.003 (down from CN¥0.004 in 3Q 2023). Revenue: CN¥292.6m (down 14% from 3Q 2023). Net income: CN¥10.2m (down 26% from 3Q 2023). Profit margin: 3.5% (down from 4.0% in 3Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 107 percentage points per year, which is a significant difference in performance. 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. This is currently the only risk that has been identified for the company. Announcement • Sep 30
Zhejiang Jinke Tom Culture Industry Co., LTD. to Report Q3, 2024 Results on Oct 29, 2024 Zhejiang Jinke Tom Culture Industry Co., LTD. announced that they will report Q3, 2024 results on Oct 29, 2024 Reported Earnings • Aug 29
Second quarter 2024 earnings released: EPS: CN¥0.003 (vs CN¥0.021 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.003 (down from CN¥0.021 in 2Q 2023). Revenue: CN¥278.6m (down 20% from 2Q 2023). Net income: CN¥11.2m (down 87% from 2Q 2023). Profit margin: 4.0% (down from 24% in 2Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 96 percentage points per year, which is a significant difference in performance. Announcement • Jun 29
Zhejiang Jinke Tom Culture Industry Co., LTD. to Report First Half, 2024 Results on Aug 29, 2024 Zhejiang Jinke Tom Culture Industry Co., LTD. announced that they will report first half, 2024 results on Aug 29, 2024 Announcement • Apr 29
Zhejiang Jinke Tom Culture Industry Co., LTD., Annual General Meeting, May 20, 2024 Zhejiang Jinke Tom Culture Industry Co., LTD., Annual General Meeting, May 20, 2024, at 14:00 China Standard Time. Location: The Company's Meeting Room, Hangzhou, Zhejiang China Reported Earnings • Apr 27
First quarter 2024 earnings released: EPS: CN¥0.02 (vs CN¥0.03 in 1Q 2023) First quarter 2024 results: EPS: CN¥0.02 (down from CN¥0.03 in 1Q 2023). Revenue: CN¥297.2m (down 13% from 1Q 2023). Net income: CN¥62.1m (down 39% from 1Q 2023). Profit margin: 21% (down from 30% in 1Q 2023). Revenue is forecast to grow 28% p.a. on average during the next 2 years, compared to a 16% growth forecast for the Entertainment industry in China. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 85 percentage points per year, which is a significant difference in performance. Valuation Update With 7 Day Price Move • Apr 16
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to CN¥3.62, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 22x in the Entertainment industry in China. Total returns to shareholders of 7.4% over the past three years. Announcement • Mar 30
Zhejiang Jinke Tom Culture Industry Co., LTD. to Report Q1, 2024 Results on Apr 27, 2024 Zhejiang Jinke Tom Culture Industry Co., LTD. announced that they will report Q1, 2024 results on Apr 27, 2024 Valuation Update With 7 Day Price Move • Feb 23
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to CN¥4.60, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 17x in the Entertainment industry in China. Total returns to shareholders of 22% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥3.01 per share. Buy Or Sell Opportunity • Feb 06
Now 31% overvalued Over the last 90 days, the stock has fallen 34% to CN¥3.56. The fair value is estimated to be CN¥2.73, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 4.6% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 71% in 2 years. Earnings are forecast to grow by 260% in the next 2 years. New Risk • Feb 01
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 8.5% 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. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (8.5% average weekly change). Minor Risk Profit margins are more than 30% lower than last year (17% net profit margin). Valuation Update With 7 Day Price Move • Feb 01
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to CN¥3.66, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 14x in the Entertainment industry in China. Total loss to shareholders of 9.2% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥2.74 per share. Announcement • Dec 29
Zhejiang Jinke Tom Culture Industry Co., LTD. to Report Fiscal Year 2023 Results on Apr 27, 2024 Zhejiang Jinke Tom Culture Industry Co., LTD. announced that they will report fiscal year 2023 results on Apr 27, 2024 Valuation Update With 7 Day Price Move • Dec 26
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to CN¥4.80, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 17x in the Entertainment industry in China. Total returns to shareholders of 52% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥2.81 per share. New Risk • Dec 01
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 6.5% 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 (6.5% average weekly change). Profit margins are more than 30% lower than last year (17% net profit margin). Valuation Update With 7 Day Price Move • Nov 08
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥5.37, the stock trades at a forward P/E ratio of 26x. Average forward P/E is 19x in the Entertainment industry in China. Total returns to shareholders of 31% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥2.90 per share. Reported Earnings • Oct 27
Third quarter 2023 earnings released: EPS: CN¥0.004 (vs CN¥0.03 in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.004 (down from CN¥0.03 in 3Q 2022). Revenue: CN¥339.6m (down 17% from 3Q 2022). Net income: CN¥13.6m (down 88% from 3Q 2022). Profit margin: 4.0% (down from 27% in 3Q 2022). The decrease in margin was primarily driven by lower revenue. Revenue is forecast to grow 21% p.a. on average during the next 3 years, compared to a 19% growth forecast for the Entertainment industry in China. Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Reported Earnings • Aug 30
Second quarter 2023 earnings released: EPS: CN¥0.021 (vs CN¥0.03 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.021 (down from CN¥0.03 in 2Q 2022). Revenue: CN¥346.9m (down 11% from 2Q 2022). Net income: CN¥84.6m (down 22% from 2Q 2022). Profit margin: 24% (down from 28% in 2Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 20% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Entertainment industry in China. Over the last 3 years on average, earnings per share has increased by 77% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth. Announcement • Aug 02
Zhejiang Jinke Tom Culture Industry Co., Ltd. Announces Board Appointments Zhejiang Jinke Tom Culture Industry Co., LTD. at its 3rd Extraordinary General Meeting of 2023 on 31 July 2023 elected Zhu Tian as non-independent directors and Ying Yanqing as non-employee supervisors. Valuation Update With 7 Day Price Move • Jun 01
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to CN¥7.01, the stock trades at a forward P/E ratio of 34x. Average forward P/E is 27x in the Entertainment industry in China. Total returns to shareholders of 166% over the past three years. Valuation Update With 7 Day Price Move • May 11
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to CN¥7.67, the stock trades at a trailing P/E ratio of 53.1x. Average trailing P/E is 63x in the Entertainment industry in China. Total returns to shareholders of 208% over the past three years. Valuation Update With 7 Day Price Move • Apr 25
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to CN¥9.34, the stock trades at a trailing P/E ratio of 64.6x. Average trailing P/E is 59x in the Entertainment industry in China. Total returns to shareholders of 269% over the past three years. Valuation Update With 7 Day Price Move • Apr 04
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to CN¥8.55, the stock trades at a trailing P/E ratio of 59.1x. Average trailing P/E is 29x in the Chemicals industry in China. Total returns to shareholders of 172% over the past three years. Valuation Update With 7 Day Price Move • Mar 17
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to CN¥6.89, the stock trades at a trailing P/E ratio of 47.7x. Average trailing P/E is 29x in the Chemicals industry in China. Total returns to shareholders of 97% over the past three years. Valuation Update With 7 Day Price Move • Mar 02
Investor sentiment improves as stock rises 27% After last week's 27% share price gain to CN¥5.98, the stock trades at a trailing P/E ratio of 41.4x. Average trailing P/E is 30x in the Chemicals industry in China. Total returns to shareholders of 55% over the past three years. Valuation Update With 7 Day Price Move • Feb 16
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to CN¥4.39, the stock trades at a trailing P/E ratio of 30.4x. Average trailing P/E is 30x in the Chemicals industry in China. Total returns to shareholders of 1.9% over the past three years. Board Change • Oct 31
High number of new and inexperienced directors There are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. 3 experienced directors. No highly experienced directors. Non-Employee Supervisor Xiaohong Xu is the most experienced director on the board, commencing their role in 2017. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Oct 27
Third quarter 2022 earnings released: EPS: CN¥0.03 (vs CN¥0.051 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.03 (down from CN¥0.051 in 3Q 2021). Revenue: CN¥406.8m (down 16% from 3Q 2021). Net income: CN¥109.4m (down 42% from 3Q 2021). Profit margin: 27% (down from 39% in 3Q 2021). Over the last 3 years on average, earnings per share has increased by 78% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. Reported Earnings • Aug 31
Second quarter 2022 earnings released: EPS: CN¥0.03 (vs CN¥0.06 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.03 (down from CN¥0.06 in 2Q 2021). Revenue: CN¥388.1m (down 8.1% from 2Q 2021). Net income: CN¥108.4m (down 41% from 2Q 2021). Profit margin: 28% (down from 44% in 2Q 2021). The decrease in margin was primarily driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 55% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth. Reported Earnings • Apr 27
Full year 2021 earnings: EPS and revenues miss analyst expectations Full year 2021 results: EPS: CN¥0.20 (down from CN¥0.21 in FY 2020). Revenue: CN¥1.94b (up 7.4% from FY 2020). Net income: CN¥708.1m (down 5.9% from FY 2020). Profit margin: 37% (down from 42% in FY 2020). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 15%. Earnings per share (EPS) exceeded analyst estimates. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 13% 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. 4 experienced directors. No highly experienced directors. Independent Director Xianpin Jiang is the most experienced director on the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Buying Opportunity • Apr 21
Now 24% undervalued after recent price drop Over the last 90 days, the stock is down 37%. The fair value is estimated to be CN¥4.62, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 4.4% over the last 3 years. Meanwhile, the company has become profitable. Valuation Update With 7 Day Price Move • Jan 27
Investor sentiment deteriorated over the past week After last week's 21% share price decline to CN¥4.67, the stock trades at a trailing P/E ratio of 22.4x. Average trailing P/E is 31x in the Chemicals industry in China. Total returns to shareholders of 22% over the past three years. Valuation Update With 7 Day Price Move • Dec 17
Investor sentiment improved over the past week After last week's 21% share price gain to CN¥5.91, the stock trades at a trailing P/E ratio of 28.4x. Average trailing P/E is 35x in the Chemicals industry in China. Total returns to shareholders of 47% over the past three years. Valuation Update With 7 Day Price Move • Oct 22
Investor sentiment improved over the past week After last week's 22% share price gain to CN¥4.34, the stock trades at a trailing P/E ratio of 20.8x. Average trailing P/E is 31x in the Chemicals industry in China. Total returns to shareholders of 21% over the past three years. Reported Earnings • Oct 16
Third quarter 2021 earnings released: EPS CN¥0.051 (vs CN¥0.045 in 3Q 2020) The company reported a solid third quarter result with improved earnings and revenues, although profit margins were weaker. Third quarter 2021 results: Revenue: CN¥485.0m (up 44% from 3Q 2020). Net income: CN¥187.9m (up 19% from 3Q 2020). Profit margin: 39% (down from 47% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Sep 08
Investor sentiment improved over the past week After last week's 26% share price gain to CN¥4.06, the stock trades at a trailing P/E ratio of 19.1x. Average trailing P/E is 34x in the Chemicals industry in China. Total loss to shareholders of 2.2% over the past three years. Reported Earnings • Aug 29
Second quarter 2021 earnings released: EPS CN¥0.06 (vs CN¥0.072 in 2Q 2020) The company reported a poor second quarter result with weaker earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CN¥422.2m (down 6.0% from 2Q 2020). Net income: CN¥184.1m (down 25% from 2Q 2020). Profit margin: 44% (down from 55% in 2Q 2020). The decrease in margin was primarily driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 36% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings. Reported Earnings • Apr 30
First quarter 2021 earnings released: EPS CN¥0.06 (vs CN¥0.06 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¥494.9m (up 9.3% from 1Q 2020). Net income: CN¥228.3m (up 4.8% from 1Q 2020). Profit margin: 46% (down from 48% in 1Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 58% per year but the company’s share price has only fallen by 20% per year, which means it has not declined as severely as earnings. Is New 90 Day High Low • Jan 06
New 90-day low: CN¥3.00 The company is down 30% from its price of CN¥4.29 on 30 September 2020. The Chinese market is up 11% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 18% over the same period. Is New 90 Day High Low • Dec 11
New 90-day low: CN¥3.68 The company is down 28% from its price of CN¥5.14 on 11 September 2020. The Chinese market is up 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 9.0% over the same period. Is New 90 Day High Low • Nov 25
New 90-day low: CN¥3.71 The company is down 5.0% from its price of CN¥3.92 on 27 August 2020. The Chinese market is up 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 11% over the same period. Announcement • Nov 18
Zhejiang Jinke Culture Industry Co., Ltd Appoints Zhu Zhigang as a Director Zhejiang Jinke Culture Industry Co., Ltd. announced at the EGM to held on November 13, 2020, the shareholders approved the election of Zhu Zhigang as a director. Reported Earnings • Oct 29
Third quarter earnings released Over the last 12 months the company has reported total losses of CN¥2.86b, with earnings decreasing by CN¥3.49b from the prior year. Total revenue was CN¥834.8m over the last 12 months, down 52% from the prior year. Announcement • Aug 13
Zhejiang Jinke Culture Industry Co., LTD. to Report First Half, 2020 Results on Aug 28, 2020 Zhejiang Jinke Culture Industry Co., LTD. announced that they will report first half, 2020 results on Aug 28, 2020 Announcement • Jul 21
Zhejiang Jinke Culture Industry Co., LTD. (SZSE:300459) entered into a conditional equity transfer agreement to acquire Wanjin Trading Co., Ltd. from Jinke Holding Group Co., Ltd. for CNY 1 billion. Zhejiang Jinke Culture Industry Co., LTD. (SZSE:300459) entered into a conditional equity transfer agreement to acquire Wanjin Trading Co., Ltd. from Jinke Holding Group Co., Ltd. for CNY 1 billion on July 16, 2020. The transaction was approved by the board of Zhejiang Jinke Culture Industry and is subject to approval from the shareholders. For the year ended December 31, 2020, Wanjin Trading reported Total Assets of CNY 439.18 million, Total Liabilities of CNY 483.95 million, Total owner's equity of CNY -44.77 million, Revenue of CNY 112.42 million, Operational profit of CNY 14.34 million, Total profit of CNY 14.37 million, Net profit of CNY 13.43 million and Net cash flow from operating activities of CNY 21.4 million. 
