New Risk • May 18
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 2025. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (8.1% operating cash flow to total debt). Earnings have declined by 77% per year over the past 5 years. Minor Risks Latest financial reports are more than 6 months old (reported September 2025 fiscal period end). Share price has been volatile over the past 3 months (8.2% average weekly change). New Risk • May 06
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 8.1% 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. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (8.1% operating cash flow to total debt). Earnings have declined by 77% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (8.1% average weekly change). Announcement • Apr 29
Financial Street Holdings Co., Ltd., Annual General Meeting, May 19, 2026 Financial Street Holdings Co., Ltd., Annual General Meeting, May 19, 2026, at 14:00 China Standard Time. Location: No. 7, Jinchengfang Street, Xicheng District, Beijing China Announcement • Mar 31
Financial Street Holdings Co., Ltd. to Report Q1, 2026 Results on Apr 29, 2026 Financial Street Holdings Co., Ltd. announced that they will report Q1, 2026 results on Apr 29, 2026 Announcement • Dec 31
Financial Street Holdings Co., Ltd. to Report Fiscal Year 2025 Results on Apr 29, 2026 Financial Street Holdings Co., Ltd. announced that they will report fiscal year 2025 results on Apr 29, 2026 Announcement • Nov 29
Fujian Financial Street Co., Ltd. Approves Election of Zhang Bo as A Non-Independent Director Fujian Financial Street Co., Ltd. at its 2nd Extraordinary General Meeting of 2025 on 27 November 2025 approved election of Zhang Bo as a non-independent director. Reported Earnings • Oct 31
Third quarter 2025 earnings released: CN¥0.11 loss per share (vs CN¥0.21 loss in 3Q 2024) Third quarter 2025 results: CN¥0.11 loss per share (improved from CN¥0.21 loss in 3Q 2024). Revenue: CN¥1.63b (down 20% from 3Q 2024). Net loss: CN¥341.7m (loss narrowed 46% from 3Q 2024). 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. Reported Earnings • Aug 22
Second quarter 2025 earnings released: CN¥0.21 loss per share (vs CN¥0.59 loss in 2Q 2024) Second quarter 2025 results: CN¥0.21 loss per share (improved from CN¥0.59 loss in 2Q 2024). Revenue: CN¥2.07b (down 41% from 2Q 2024). Net loss: CN¥626.2m (loss narrowed 63% from 2Q 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 • Jul 02
Financial Street Holdings Co., Ltd. to Report First Half, 2025 Results on Aug 19, 2025 Financial Street Holdings Co., Ltd. announced that they will report first half, 2025 results on Aug 19, 2025 Announcement • Apr 29
Financial Street Holdings Co., Ltd., Annual General Meeting, May 21, 2025 Financial Street Holdings Co., Ltd., Annual General Meeting, May 21, 2025, at 14:00 China Standard Time. Announcement • Mar 31
Financial Street Holdings Co., Ltd. to Report Q1, 2025 Results on Apr 29, 2025 Financial Street Holdings Co., Ltd. announced that they will report Q1, 2025 results on Apr 29, 2025 Announcement • Dec 31
Financial Street Holdings Co., Ltd. to Report Fiscal Year 2024 Results on Apr 29, 2025 Financial Street Holdings Co., Ltd. announced that they will report fiscal year 2024 results on Apr 29, 2025 Announcement • Dec 12
Financial Street Holdings Co., Ltd. Appoints Yuan Junjie as A Non-Independent Director Financial Street Holdings Co., Ltd. in its 4th Extraordinary General Meeting of 2024 on 10 December 2024 approved: Election of Yuan Junjie as a non-independent director. New Risk • Nov 15
New major risk - Revenue and earnings growth Earnings have declined by 60% 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 (3.5% operating cash flow to total debt). Earnings have declined by 60% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (11% average weekly change). Reported Earnings • Oct 31
Third quarter 2024 earnings released: CN¥0.21 loss per share (vs CN¥0.21 loss in 3Q 2023) Third quarter 2024 results: CN¥0.21 loss per share. Revenue: CN¥2.03b (down 21% from 3Q 2023). Net loss: CN¥630.8m (loss widened 3.4% from 3Q 2023). Revenue is forecast to grow 2.1% p.a. on average during the next 3 years, compared to a 2.3% growth forecast for the Real Estate industry in China. Announcement • Sep 30
Financial Street Holdings Co., Ltd. to Report Q3, 2024 Results on Oct 31, 2024 Financial Street Holdings Co., Ltd. announced that they will report Q3, 2024 results on Oct 31, 2024 New Risk • Sep 26
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 Risk Debt is not well covered by operating cash flow (3.1% operating cash flow to total debt). Minor Risk Share price has been volatile over the past 3 months (7.0% average weekly change). Reported Earnings • Aug 31
Second quarter 2024 earnings released: CN¥0.59 loss per share (vs CN¥0.17 loss in 2Q 2023) Second quarter 2024 results: CN¥0.59 loss per share (further deteriorated from CN¥0.17 loss in 2Q 2023). Revenue: CN¥3.51b (up 26% from 2Q 2023). Net loss: CN¥1.70b (loss widened 229% from 2Q 2023). Revenue is expected to decline by 2.8% p.a. on average during the next 3 years, while revenues in the Real Estate industry in China are expected to grow by 3.9%. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 78 percentage points per year, which is a significant difference in performance. Buy Or Sell Opportunity • Aug 12
Now 22% undervalued after recent price drop Over the last 90 days, the stock has fallen 23% to CN¥2.29. The fair value is estimated to be CN¥2.93, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 11% over the last 3 years. Meanwhile, the company became loss making. Revenue is forecast to decline by 5.8% in 2 years. Earnings are forecast to grow by 89% in the next 2 years. Announcement • Aug 04
Financial Street Holdings Co., Ltd. Announces Board Appointments Financial Street Holdings Co., Ltd. held its 2nd Extraordinary General Meeting of 2024 on 01 August 2024 were approved; Election of Wei Xing as a non-independent director and Election of Li Xiang as a supervisor. Announcement • Jun 29
Financial Street Holdings Co., Ltd. to Report First Half, 2024 Results on Aug 31, 2024 Financial Street Holdings Co., Ltd. announced that they will report first half, 2024 results on Aug 31, 2024 Buy Or Sell Opportunity • May 17
Now 28% overvalued Over the last 90 days, the stock has fallen 5.5% to CN¥3.42. The fair value is estimated to be CN¥2.68, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 11% over the last 3 years. Meanwhile, the company became loss making. Reported Earnings • Apr 30
First quarter 2024 earnings: Revenues exceed analysts expectations while EPS lags behind First quarter 2024 results: CN¥0.09 loss per share (further deteriorated from CN¥0.07 loss in 1Q 2023). Revenue: CN¥6.15b (up 117% from 1Q 2023). Net loss: CN¥280.4m (loss widened 33% from 1Q 2023). Revenue exceeded analyst estimates by 181%. Earnings per share (EPS) missed analyst estimates. Revenue is forecast to grow 1.6% p.a. on average during the next 3 years, compared to a 5.0% growth forecast for the Real Estate industry in China. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 80 percentage points per year, which is a significant difference in performance. Reported Earnings • Apr 14
Full year 2023 earnings: EPS and revenues miss analyst expectations Full year 2023 results: CN¥0.65 loss per share (down from CN¥0.28 profit in FY 2022). Revenue: CN¥12.6b (down 39% from FY 2022). Net loss: CN¥1.95b (down 330% from profit in FY 2022). Revenue missed analyst estimates by 49%. Earnings per share (EPS) also missed analyst estimates by 42%. Revenue is forecast to grow 20% p.a. on average during the next 2 years, compared to a 5.7% growth forecast for the Real Estate industry in China. 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 • Apr 13
Financial Street Holdings Co., Ltd., Annual General Meeting, May 15, 2024 Financial Street Holdings Co., Ltd., Annual General Meeting, May 15, 2024, at 14:00 China Standard Time. Location: Tower D, No. 7, Jinchengfang Street, Xicheng District, Beijing 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 profit distribution plan; to consider 2023 annual report; to consider 2024 debt financing guarantee for wholly-owned subsidiaries, controlled subsidiaries and joint stock companies; and to consider other related matters. Announcement • Mar 30
Financial Street Holdings Co., Ltd. to Report Q1, 2024 Results on Apr 30, 2024 Financial Street Holdings Co., Ltd. announced that they will report Q1, 2024 results on Apr 30, 2024 Price Target Changed • Feb 22
Price target decreased by 8.0% to CN¥4.97 Down from CN¥5.40, the current price target is an average from 3 analysts. New target price is 44% above last closing price of CN¥3.44. Stock is down 36% over the past year. The company is forecast to post a net loss per share of CN¥0.46 compared to earnings per share of CN¥0.28 last year. Board Change • Feb 22
High number of new directors There are 6 new directors who have joined the board in the last 3 years. Non-Independent Director Ye Li was the last director to join the board, commencing their role in 2023. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Announcement • Dec 30
Financial Street Holdings Co., Ltd. to Report Fiscal Year 2023 Results on Mar 30, 2024 Financial Street Holdings Co., Ltd. announced that they will report fiscal year 2023 results on Mar 30, 2024 Reported Earnings • Nov 01
Third quarter 2023 earnings: EPS and revenues miss analyst expectations Third quarter 2023 results: CN¥0.21 loss per share (down from CN¥0.08 profit in 3Q 2022). Revenue: CN¥2.59b (down 47% from 3Q 2022). Net loss: CN¥609.9m (down 364% from profit in 3Q 2022). Revenue missed analyst estimates by 30%. Earnings per share (EPS) were also behind analyst expectations. Revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 8.0% growth forecast for the Real Estate industry in China. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 58 percentage points per year, which is a significant difference in performance. Board Change • Oct 01
High number of new directors There are 6 new directors who have joined the board in the last 3 years. Non-Independent Director Ye Li was the last director to join the board, commencing their role in 2023. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. New Risk • Sep 26
New major risk - Revenue and earnings growth Earnings have declined by 25% 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 (17% operating cash flow to total debt). Earnings have declined by 25% per year over the past 5 years. Announcement • Sep 19
Financial Street Holdings Co., Ltd. Announces Directors Appointments Financial Street Holdings Co., Ltd. held its 3rd Extraordinary General Meeting of 2023 on 15 September 2023 were approved Li Ye as non-independent directors, He Qing and Liu Chengwei as independent directors and Wen Jianlin as supervisors. Reported Earnings • Aug 31
Second quarter 2023 earnings: EPS and revenues miss analyst expectations Second quarter 2023 results: CN¥0.17 loss per share (down from CN¥0.071 profit in 2Q 2022). Revenue: CN¥2.78b (down 53% from 2Q 2022). Net loss: CN¥517.4m (down 342% from profit in 2Q 2022). Revenue missed analyst estimates by 63%. Earnings per share (EPS) were also behind analyst expectations. Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 8.2% growth forecast for the Real Estate industry in China. Over the last 3 years on average, earnings per share has fallen by 53% per year but the company’s share price has only fallen by 12% per year, which means it has not declined as severely as earnings. Announcement • Jul 06
Financial Street Holdings Co., Ltd. Announces Final Cash Dividend on A Shares for the Year 2022, Payable on July 12, 2023 Financial Street Holdings Co., Ltd. announced final cash dividend of CNY 0.15 per 10 shares on A shares for the year 2022. Record date is July 10, 2023, Ex-Date is July 11, 2023 and Payment Date is July 11, 2023. Announcement • May 23
Financial Street Holdings Co., Ltd. Approves Cash Dividend for the Year 2022 Financial Street Holdings Co., Ltd. held its Annual General Meeting of 2022 on 19 May 2023, during which it approved cash dividend of CNY 0.15000000 per ten shares (tax included) for the year 2022. Reported Earnings • Apr 29
Full year 2022 earnings released: EPS: CN¥0.28 (vs CN¥0.55 in FY 2021) Full year 2022 results: EPS: CN¥0.28 (down from CN¥0.55 in FY 2021). Revenue: CN¥20.5b (down 15% from FY 2021). Net income: CN¥846.4m (down 49% from FY 2021). Profit margin: 4.1% (down from 6.8% in FY 2021). Revenue is forecast to grow 13% p.a. on average during the next 2 years, compared to a 7.7% growth forecast for the Real Estate industry in China. Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings. Price Target Changed • Mar 27
Price target decreased by 9.8% to CN¥5.21 Down from CN¥5.78, the current price target is an average from 4 analysts. New target price is approximately in line with last closing price of CN¥5.07. Stock is down 15% over the past year. The company is forecast to post earnings per share of CN¥0.56 for next year compared to CN¥0.55 last year. Major Estimate Revision • Dec 03
Consensus forecasts updated The consensus outlook for 2022 has been updated. 2022 EPS estimate fell from CN¥0.67 to CN¥0.57. Revenue forecast unchanged from CN¥29.9b at last update. Net income forecast to shrink 5.6% next year vs 20% growth forecast for Real Estate industry in China . Consensus price target of CN¥5.78 unchanged from last update. Share price rose 13% to CN¥6.02 over the past week. Valuation Update With 7 Day Price Move • Nov 30
Investor sentiment improved over the past week After last week's 20% share price gain to CN¥6.15, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 12x in the Real Estate industry in China. Total loss to shareholders of 15% over the past three years. Major Estimate Revision • Nov 22
Consensus revenue estimates increase by 11% The consensus outlook for revenues in 2022 has improved. 2022 revenue forecast increased from CN¥26.9b to CN¥29.9b. EPS estimate increased from CN¥0.57 to CN¥0.67 per share. Net income forecast to shrink 5.6% next year vs 27% growth forecast for Real Estate industry in China . Consensus price target down from CN¥5.95 to CN¥5.78. Share price fell 2.9% to CN¥5.11 over the past week. Board Change • Nov 16
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Non-Independent Director Yili Wang was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Board Change • Nov 01
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Non-Independent Director Yili Wang was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Oct 28
Third quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind Third quarter 2022 results: EPS: CN¥0.078 (down from CN¥0.17 in 3Q 2021). Revenue: CN¥4.91b (up 17% from 3Q 2021). Net income: CN¥231.1m (down 55% from 3Q 2021). Profit margin: 4.7% (down from 12% in 3Q 2021). Revenue exceeded analyst estimates by 21%. Earnings per share (EPS) missed analyst estimates by 7.1%. Revenue is forecast to grow 2.5% p.a. on average during the next 3 years, compared to a 9.6% growth forecast for the Real Estate industry in China. Over the last 3 years on average, earnings per share has fallen by 19% per year whereas the company’s share price has fallen by 16% per year. Announcement • Oct 13
Financial Street Holdings Co., Ltd. Approves the Election of Wang Yili as Non-Independent Director Financial Street Holdings Co., Ltd. at its extraordinary general meeting of 2022 held on October 11, 2022 approved the election of Wang Yili as a non-independent director. Reported Earnings • Aug 20
Second quarter 2022 earnings: EPS and revenues miss analyst expectations Second quarter 2022 results: EPS: CN¥0.071 (up from CN¥0.015 in 2Q 2021). Revenue: CN¥5.90b (up 49% from 2Q 2021). Net income: CN¥214.3m (up 357% from 2Q 2021). Profit margin: 3.6% (up from 1.2% in 2Q 2021). Revenue missed analyst estimates by 27%. Earnings per share (EPS) also missed analyst estimates by 59%. Over the next year, revenue is expected to shrink by 9.3% compared to a 17% growth forecast for the Real Estate industry in China. Over the last 3 years on average, earnings per share has fallen by 18% 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 • Jul 02
Financial Street Holdings Co., Ltd. Announces Final Cash Dividend for the Year 2021, Payable on July 8, 2022 Financial Street Holdings Co., Ltd. announced final cash dividend of CNY 0.30000 per share for the year 2021. The dividend payable on July 8, 2022, with a record date of July 7, 2022. Major Estimate Revision • Jun 30
Consensus forecasts updated The consensus outlook for 2022 has been updated. 2022 revenue forecast increased from CN¥23.7b to CN¥25.7b. EPS estimate fell from CN¥0.63 to CN¥0.56 per share. Net income forecast to shrink 15% next year vs 22% growth forecast for Real Estate industry in China . Consensus price target broadly unchanged at CN¥6.11. Share price rose 3.3% to CN¥5.95 over the past week. Announcement • May 20
Financial Street Holdings Co., Ltd. Approves Cash Dividend for the Year 2021 Financial Street Holdings Co., Ltd. announced that at its Annual General Meeting held on 18 May 2022, approved cash dividend/10 shares (tax included) of CNY 0.30000000 for the year 2021. Valuation Update With 7 Day Price Move • May 04
Investor sentiment improved over the past week After last week's 17% share price gain to CN¥6.44, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 12x in the Real Estate industry in China. Total loss to shareholders of 8.2% over the past three years. Reported Earnings • Apr 28
First quarter 2022 earnings: EPS and revenues exceed analyst expectations First quarter 2022 results: EPS: CN¥0.31 (up from CN¥0.19 in 1Q 2021). Revenue: CN¥4.70b (up 211% from 1Q 2021). Net income: CN¥934.5m (up 68% from 1Q 2021). Profit margin: 20% (down from 37% in 1Q 2021). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 143%. Earnings per share (EPS) also surpassed analyst estimates by 292%. Over the next year, revenue is expected to shrink by 2.8% compared to a 15% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings. Announcement • Apr 16
Financial Street Holdings Co., Ltd., Annual General Meeting, May 18, 2022 Financial Street Holdings Co., Ltd., Annual General Meeting, May 18, 2022, at 14:00 China Standard Time. Agenda: To consider 2021 work report of the board of directors; to consider 2021 work report of the supervisory committee; to consider 2021 annual accounts; to consider 2021 profit distribution plan; to consider 2021 annual report; to consider 2022 guarantee for the debt financing of wholly-owned subsidiaries, controlled subsidiaries and joint stock companies; to consider 2022 estimated additional financial aid quota; to consider Issuance of non-financial-institution debt financing instruments; to consider Continuation or issuance of CMBS; to consider Connected transaction regarding renewal of a financial service agreement with a company;and to consider Connected transactions with a company. Reported Earnings • Apr 02
Full year 2021 earnings: Revenues exceed analysts expectations while EPS lags behind Full year 2021 results: EPS: CN¥0.55 (down from CN¥0.84 in FY 2020). Revenue: CN¥24.2b (up 33% from FY 2020). Net income: CN¥1.64b (down 34% from FY 2020). Profit margin: 6.8% (down from 14% in FY 2020). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 9.5%. Earnings per share (EPS) missed analyst estimates by 36%. Over the next year, revenue is forecast to grow 1.8%, compared to a 17% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has fallen by 14% per year whereas the company’s share price has fallen by 12% per year. Announcement • Apr 01
Financial Street Holdings Co., Ltd. Announces Profit Distribution Proposal for 2021 Financial Street Holdings Co., Ltd. announced on 31 March 2022 the profit distribution proposal for 2021 is Cash dividend (tax included) CNY 0.30000000 per 10 shares. Major Estimate Revision • Apr 01
Consensus EPS estimates fall by 29% The consensus outlook for earnings per share (EPS) in 2022 has deteriorated. 2022 revenue forecast decreased from CN¥24.8b to CN¥24.6b. EPS estimate also fell from CN¥0.95 per share to CN¥0.67 per share. Net income forecast to shrink 20% next year vs 16% growth forecast for Real Estate industry in China . Consensus price target down from CN¥6.80 to CN¥6.45. Share price rose 7.4% to CN¥6.28 over the past week. Announcement • Feb 08
Financial Street Holdings Co., Ltd. Approves Election of Sheng Huaping as Non-Independent Director Financial Street Holdings Co., Ltd. at its extraordinary general meeting held on 28 January 2022 approved election of Sheng Huaping as a non-independent director. Reported Earnings • Oct 31
Third quarter 2021 earnings released: EPS CN¥0.17 (vs CN¥0.22 in 3Q 2020) The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: CN¥4.19b (down 9.8% from 3Q 2020). Net income: CN¥510.2m (down 23% from 3Q 2020). Profit margin: 12% (down from 14% in 3Q 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 6% per year whereas the company’s share price has fallen by 4% per year. Price Target Changed • Sep 14
Price target decreased to CN¥7.33 Down from CN¥7.90, the current price target is an average from 5 analysts. New target price is 18% above last closing price of CN¥6.21. Stock is down 9.6% over the past year. Price Target Changed • Sep 05
Price target decreased to CN¥7.56 Down from CN¥8.15, the current price target is an average from 6 analysts. New target price is 8.9% above last closing price of CN¥6.94. Stock is up 2.4% over the past year. Valuation Update With 7 Day Price Move • Sep 04
Investor sentiment improved over the past week After last week's 19% share price gain to CN¥6.94, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 9x in the Real Estate industry in China. Total returns to shareholders of 17% over the past three years. Reported Earnings • Aug 30
Second quarter 2021 earnings released: EPS CN¥0.015 (vs CN¥0.025 in 2Q 2020) The company reported a soft second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2021 results: Revenue: CN¥3.96b (up 9.3% from 2Q 2020). Net income: CN¥46.9m (down 46% from 2Q 2020). Profit margin: 1.2% (down from 2.4% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 3% per year whereas the company’s share price has fallen by 4% per year. Reported Earnings • Apr 25
First quarter 2021 earnings released: EPS CN¥0.19 (vs CN¥0.06 in 1Q 2020) The company reported a decent first quarter result with improved earnings and profit margins, although revenues were weaker. First quarter 2021 results: Revenue: CN¥1.51b (down 33% from 1Q 2020). Net income: CN¥557.2m (up 239% from 1Q 2020). Profit margin: 37% (up from 7.3% in 1Q 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has fallen by 11% per year, which means it is performing significantly worse than earnings. Major Estimate Revision • Apr 06
Consensus revenue estimates fall to CN¥27.8b The consensus outlook for revenues in 2021 has deteriorated. 2021 revenue forecast decreased from CN¥31.5b to CN¥27.8b. EPS estimate fell from CN¥1.20 to CN¥1.12 per share. Net income forecast to grow 38% next year vs 33% growth forecast for Real Estate industry in China. Consensus price target down from CN¥7.91 to CN¥7.71. Share price was steady at CN¥6.99 over the past week. Reported Earnings • Apr 01
Full year 2020 earnings released: EPS CN¥0.84 (vs CN¥1.15 in FY 2019) The company reported a poor full year result with weaker earnings and revenues, although profit margins were flat. Full year 2020 results: Revenue: CN¥18.1b (down 31% from FY 2019). Net income: CN¥2.50b (down 27% from FY 2019). Profit margin: 14% (in line with FY 2019). Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has fallen by 10% per year, which means it is performing significantly worse than earnings. Is New 90 Day High Low • Mar 12
New 90-day high: CN¥6.93 The company is up 4.0% from its price of CN¥6.67 on 11 December 2020. The Chinese market is up 1.0% 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. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥28.24 per share. Announcement • Feb 24
Financial Street Holdings Co., Ltd. to Report Fiscal Year 2020 Results on Mar 31, 2021 Financial Street Holdings Co., Ltd. announced that they will report fiscal year 2020 results on Mar 31, 2021 Is New 90 Day High Low • Jan 27
New 90-day low: CN¥6.11 The company is down 9.0% from its price of CN¥6.68 on 29 October 2020. The Chinese market is up 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Real Estate industry, which is down 6.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥28.24 per share. Is New 90 Day High Low • Jan 11
New 90-day low: CN¥6.20 The company is down 7.0% from its price of CN¥6.70 on 13 October 2020. The Chinese market is up 5.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Real Estate industry, which is down 10.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥28.24 per share. Is New 90 Day High Low • Dec 24
New 90-day low: CN¥6.49 The company is down 3.0% from its price of CN¥6.67 on 25 September 2020. The Chinese market is up 5.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Real Estate industry, which is down 8.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥28.24 per share. Is New 90 Day High Low • Nov 17
New 90-day high: CN¥7.02 The company is up 1.0% from its price of CN¥6.94 on 19 August 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 11% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥1.95 per share. Reported Earnings • Nov 01
Third quarter earnings released Over the last 12 months the company has reported total profits of CN¥2.98b, down 17% from the prior year. Total revenue was CN¥23.4b over the last 12 months, down 13% from the prior year. Analyst Estimate Surprise Post Earnings • Nov 01
Third-quarter earnings released: Revenue and earnings beat expectations Third-quarter revenue exceeded analyst estimates by 0.3% at CN¥4.65b. Earnings per share (EPS) also surpassed analyst estimates by 6.1% at CN¥0.22. Revenue is forecast to grow 39% over the next year, compared to a 37% growth forecast for the Real Estate industry in China. Is New 90 Day High Low • Sep 29
New 90-day low: CN¥6.66 The company is down 2.0% from its price of CN¥6.83 on 01 July 2020. The Chinese market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Real Estate industry, which is up 6.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥1.96 per share. Announcement • Aug 13
Financial Street Holdings Co., Ltd. to Report First Half, 2020 Results on Aug 29, 2020 Financial Street Holdings Co., Ltd. announced that they will report first half, 2020 results on Aug 29, 2020