Reported Earnings • Apr 30
Full year 2025 earnings released: CN¥1.76 loss per share (vs CN¥0.89 loss in FY 2024) Full year 2025 results: CN¥1.76 loss per share (further deteriorated from CN¥0.89 loss in FY 2024). Revenue: CN¥4.93b (up 133% from FY 2024). Net loss: CN¥1.84b (loss widened 97% from FY 2024). 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 • Apr 30
Nanjing Chixia Development Co.,Ltd., Annual General Meeting, May 27, 2026 Nanjing Chixia Development Co.,Ltd., Annual General Meeting, May 27, 2026, at 14:30 China Standard Time. Location: No. 99, Xianlin Avenue, Nanjing, Jiangsu China Announcement • Mar 30
Nanjing Chixia Development Co.,Ltd. to Report Q1, 2026 Results on Apr 30, 2026 Nanjing Chixia Development Co.,Ltd. announced that they will report Q1, 2026 results on Apr 30, 2026 Announcement • Dec 26
Nanjing Chixia Development Co.,Ltd. to Report Fiscal Year 2025 Results on Apr 30, 2026 Nanjing Chixia Development Co.,Ltd. announced that they will report fiscal year 2025 results on Apr 30, 2026 Reported Earnings • Oct 31
Third quarter 2025 earnings released: CN¥0.059 loss per share (vs CN¥0.03 loss in 3Q 2024) Third quarter 2025 results: CN¥0.059 loss per share (further deteriorated from CN¥0.03 loss in 3Q 2024). Revenue: CN¥678.4m (up 94% from 3Q 2024). Net loss: CN¥55.7m (loss widened 79% from 3Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 99 percentage points per year, which is a significant difference in performance. Announcement • Sep 30
Nanjing Chixia Development Co.,Ltd. to Report Q3, 2025 Results on Oct 31, 2025 Nanjing Chixia Development Co.,Ltd. announced that they will report Q3, 2025 results on Oct 31, 2025 Announcement • Jun 30
Nanjing Chixia Development Co.,Ltd. to Report First Half, 2025 Results on Aug 30, 2025 Nanjing Chixia Development Co.,Ltd. announced that they will report first half, 2025 results on Aug 30, 2025 Announcement • Apr 30
Nanjing Chixia Development Co.,Ltd., Annual General Meeting, May 29, 2025 Nanjing Chixia Development Co.,Ltd., Annual General Meeting, May 29, 2025, at 14:30 China Standard Time. Location: No. 99, Xianlin Avenue, Nanjing, Jiangsu China Announcement • Mar 28
Nanjing Chixia Development Co.,Ltd. to Report Q1, 2025 Results on Apr 30, 2025 Nanjing Chixia Development Co.,Ltd. announced that they will report Q1, 2025 results on Apr 30, 2025 Announcement • Dec 27
Nanjing Chixia Development Co.,Ltd. to Report Fiscal Year 2024 Results on Apr 30, 2025 Nanjing Chixia Development Co.,Ltd. announced that they will report fiscal year 2024 results on Apr 30, 2025 Reported Earnings • Oct 31
Third quarter 2024 earnings released: CN¥0.03 loss per share (vs CN¥0.038 loss in 3Q 2023) Third quarter 2024 results: CN¥0.03 loss per share (improved from CN¥0.038 loss in 3Q 2023). Revenue: CN¥349.4m (down 50% from 3Q 2023). Net loss: CN¥31.2m (loss narrowed 21% from 3Q 2023). 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. 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 7.0% 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 Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Earnings have declined by 46% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (7.0% average weekly change). Announcement • Sep 30
Nanjing Chixia Development Co.,Ltd. to Report Q3, 2024 Results on Oct 31, 2024 Nanjing Chixia Development Co.,Ltd. announced that they will report Q3, 2024 results on Oct 31, 2024 Reported Earnings • Aug 31
Second quarter 2024 earnings released: CN¥0.11 loss per share (vs CN¥0.017 profit in 2Q 2023) Second quarter 2024 results: CN¥0.11 loss per share (down from CN¥0.017 profit in 2Q 2023). Revenue: CN¥451.1m (down 65% from 2Q 2023). Net loss: CN¥116.8m (down CN¥134.3m from profit in 2Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 91 percentage points per year, which is a significant difference in performance. New Risk • Jul 22
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 Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Earnings have declined by 39% 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 • Jun 28
Nanjing Chixia Development Co.,Ltd. to Report First Half, 2024 Results on Aug 31, 2024 Nanjing Chixia Development Co.,Ltd. announced that they will report first half, 2024 results on Aug 31, 2024 Announcement • May 01
Nanjing Chixia Development Co.,Ltd., Annual General Meeting, May 21, 2024 Nanjing Chixia Development Co.,Ltd., Annual General Meeting, May 21, 2024, at 14:00 China Standard Time. Location: No. 99, Xianlin Avenue, Nanjing, Jiangsu China Reported Earnings • Apr 30
Full year 2023 earnings released: CN¥0.13 loss per share (vs CN¥0.18 profit in FY 2022) Full year 2023 results: CN¥0.13 loss per share (down from CN¥0.18 profit in FY 2022). Revenue: CN¥4.77b (down 31% from FY 2022). Net loss: CN¥134.4m (down 171% from profit in FY 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 65 percentage points per year, which is a significant difference in performance. Announcement • Mar 30
Nanjing Chixia Development Co.,Ltd. to Report Q1, 2024 Results on Apr 30, 2024 Nanjing Chixia Development Co.,Ltd. announced that they will report Q1, 2024 results on Apr 30, 2024 Announcement • Dec 30
Nanjing Chixia Development Co.,Ltd. to Report Fiscal Year 2023 Results on Apr 30, 2024 Nanjing Chixia Development Co.,Ltd. announced that they will report fiscal year 2023 results on Apr 30, 2024 Board Change • Dec 08
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. 4 non-independent directors. Independent Director Dongtao Yang 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 31
Third quarter 2023 earnings released: CN¥0.038 loss per share (vs CN¥0.002 profit in 3Q 2022) Third quarter 2023 results: CN¥0.038 loss per share (down from CN¥0.002 profit in 3Q 2022). Revenue: CN¥693.5m (down 44% from 3Q 2022). Net loss: CN¥39.6m (down CN¥41.5m from profit in 3Q 2022). Over the last 3 years on average, earnings per share has fallen by 47% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings. Announcement • Sep 30
Nanjing Chixia Development Co.,Ltd. to Report Q3, 2023 Results on Oct 28, 2023 Nanjing Chixia Development Co.,Ltd. announced that they will report Q3, 2023 results on Oct 28, 2023 New Risk • Aug 30
New major risk - Revenue and earnings growth Earnings have declined by 8.4% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Dividend is not well covered by earnings and cash flows. Dividend per share is over 29x earnings per share. Paying a dividend despite having no free cash flows. Earnings have declined by 8.4% per year over the past 5 years. Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.05% net profit margin). Valuation Update With 7 Day Price Move • Jul 25
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥3.62, the stock trades at a trailing P/E ratio of 49.8x. Average trailing P/E is 23x in the Real Estate industry in China. Total returns to shareholders of 13% over the past three years. Announcement • Jun 28
Nanjing Chixia Development Co., Ltd. to Report First Half, 2023 Results on Aug 30, 2023 Nanjing Chixia Development Co., Ltd. announced that they will report first half, 2023 results on Aug 30, 2023 Valuation Update With 7 Day Price Move • Nov 29
Investor sentiment improved over the past week After last week's 15% share price gain to CN¥4.81, the stock trades at a trailing P/E ratio of 21.9x. Average trailing P/E is 24x in the Real Estate industry in China. Total returns to shareholders of 67% over the past three years. Valuation Update With 7 Day Price Move • Nov 11
Investor sentiment improved over the past week After last week's 20% share price gain to CN¥4.19, the stock trades at a trailing P/E ratio of 19x. Average trailing P/E is 21x in the Real Estate industry in China. Total returns to shareholders of 49% over the past three years. Reported Earnings • Oct 30
Third quarter 2022 earnings released: EPS: CN¥0.002 (vs CN¥0.02 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.002 (down from CN¥0.02 in 3Q 2021). Revenue: CN¥1.23b (up 193% from 3Q 2021). Net income: CN¥1.91m (down 91% from 3Q 2021). Profit margin: 0.2% (down from 5.0% in 3Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Sep 21
Investor sentiment improved over the past week After last week's 18% share price gain to CN¥4.68, the stock trades at a trailing P/E ratio of 19.6x. Average trailing P/E is 23x in the Real Estate industry in China. Total returns to shareholders of 53% over the past three years. Valuation Update With 7 Day Price Move • Sep 06
Investor sentiment improved over the past week After last week's 16% share price gain to CN¥3.79, the stock trades at a trailing P/E ratio of 15.9x. Average trailing P/E is 23x in the Real Estate industry in China. Total returns to shareholders of 19% over the past three years. Reported Earnings • Sep 02
Second quarter 2022 earnings released: EPS: CN¥0.086 (vs CN¥0.062 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.086 (up from CN¥0.062 in 2Q 2021). Revenue: CN¥1.69b (up 239% from 2Q 2021). Net income: CN¥90.3m (up 38% from 2Q 2021). Profit margin: 5.4% (down from 13% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings. Reported Earnings • May 02
First quarter 2022 earnings released: EPS: CN¥0.12 (vs CN¥0.25 in 1Q 2021) First quarter 2022 results: EPS: CN¥0.12 (down from CN¥0.25 in 1Q 2021). Revenue: CN¥686.6m (down 66% from 1Q 2021). Net income: CN¥122.3m (down 54% from 1Q 2021). Profit margin: 18% (up from 13% in 1Q 2021). Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Apr 06
Investor sentiment improved over the past week After last week's 19% share price gain to CN¥4.91, the stock trades at a trailing P/E ratio of 13x. Average trailing P/E is 17x in the Real Estate industry in China. Total returns to shareholders of 29% over the past three years. Valuation Update With 7 Day Price Move • Mar 22
Investor sentiment improved over the past week After last week's 23% share price gain to CN¥3.79, the stock trades at a trailing P/E ratio of 10x. Average trailing P/E is 14x in the Real Estate industry in China. Total returns to shareholders of 10% over the past three years. Valuation Update With 7 Day Price Move • Dec 21
Investor sentiment improved over the past week After last week's 18% share price gain to CN¥3.48, the stock trades at a trailing P/E ratio of 9.2x. Average trailing P/E is 13x in the Real Estate industry in China. Total returns to shareholders of 27% over the past three years. Reported Earnings • Oct 31
Third quarter 2021 earnings released: EPS CN¥0.02 (vs CN¥0.061 in 3Q 2020) The company reported a soft third quarter result with weaker earnings and revenues, although profit margins were improved. Third quarter 2021 results: Revenue: CN¥419.4m (down 72% from 3Q 2020). Net income: CN¥21.0m (down 67% from 3Q 2020). Profit margin: 5.0% (up from 4.2% in 3Q 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Reported Earnings • Aug 31
Second quarter 2021 earnings released: EPS CN¥0.062 (vs CN¥0.071 in 2Q 2020) The company reported a decent second quarter result with improved revenues, although earnings and profit margins were weaker. Second quarter 2021 results: Revenue: CN¥496.6m (up 103% from 2Q 2020). Net income: CN¥65.3m (down 12% from 2Q 2020). Profit margin: 13% (down from 30% 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 16% 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 • May 02
First quarter 2021 earnings released: EPS CN¥0.25 (vs CN¥0.14 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¥2.00b (up 134% from 1Q 2020). Net income: CN¥266.8m (up 85% from 1Q 2020). Profit margin: 13% (down from 17% in 1Q 2020). The decrease in margin was driven by higher expenses. 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 11% per year, which means it is significantly lagging earnings. Is New 90 Day High Low • Jan 26
New 90-day low: CN¥2.98 The company is down 6.0% from its price of CN¥3.17 on 28 October 2020. The Chinese market is up 12% over the last 90 days, indicating the company underperformed over that time. However, its price trend is similar to the Real Estate industry, which is also down 6.0% over the same period. Is New 90 Day High Low • Jan 07
New 90-day low: CN¥3.04 The company is down 8.0% from its price of CN¥3.32 on 09 October 2020. The Chinese market is up 11% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Real Estate industry, which is down 7.0% over the same period. Is New 90 Day High Low • Dec 01
New 90-day high: CN¥3.62 The company is up 1.0% from its price of CN¥3.59 on 02 September 2020. The Chinese market is down 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Real Estate industry, which is down 5.0% over the same period. Reported Earnings • Nov 01
Third quarter earnings released Over the last 12 months the company has reported total profits of CN¥87.3m, down 85% from the prior year. Total revenue was CN¥3.23b over the last 12 months, up 18% from the prior year. Announcement • Oct 29
Nanjing Chixia Development Co., Ltd. to Report Q3, 2020 Results on Oct 31, 2020 Nanjing Chixia Development Co., Ltd. announced that they will report Q3, 2020 results on Oct 31, 2020 Is New 90 Day High Low • Oct 24
New 90-day low: CN¥3.25 The company is down 10.0% from its price of CN¥3.62 on 24 July 2020. The Chinese market is up 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Real Estate industry, which is down 4.0% over the same period. Is New 90 Day High Low • Oct 01
New 90-day low: CN¥3.26 The company is down 16% from its price of CN¥3.86 on 03 July 2020. The Chinese market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Real Estate industry, which is down 3.0% over the same period. Announcement • Jul 17
Nanjing Chixia Development Co., Ltd. to Report First Half, 2020 Results on Aug 29, 2020 Nanjing Chixia Development Co., Ltd. announced that they will report first half, 2020 results on Aug 29, 2020