Announcement • Apr 30
Chang Chun Eurasia Group Co., Ltd., Annual General Meeting, May 20, 2026 Chang Chun Eurasia Group Co., Ltd., Annual General Meeting, May 20, 2026, at 09:00 China Standard Time. Location: The Company's Meeting Room, Changchun, Jilin China Reported Earnings • Apr 19
Full year 2025 earnings released: CN¥0.33 loss per share (vs CN¥0.17 loss in FY 2024) Full year 2025 results: CN¥0.33 loss per share (further deteriorated from CN¥0.17 loss in FY 2024). Revenue: CN¥6.75b (down 3.7% from FY 2024). Net loss: CN¥51.8m (loss widened 86% from FY 2024). Over the last 3 years on average, earnings per share has increased by 59% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Announcement • Mar 30
Chang Chun Eurasia Group Co., Ltd. to Report Q1, 2026 Results on Apr 30, 2026 Chang Chun Eurasia Group Co., Ltd. announced that they will report Q1, 2026 results on Apr 30, 2026 Announcement • Dec 26
Chang Chun Eurasia Group Co., Ltd. to Report Fiscal Year 2025 Results on Apr 18, 2026 Chang Chun Eurasia Group Co., Ltd. announced that they will report fiscal year 2025 results on Apr 18, 2026 New Risk • Dec 03
New major risk - Revenue and earnings growth Earnings have declined by 26% 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 Interest payments are not well covered by earnings (2.1x net interest cover). Earnings have declined by 26% per year over the past 5 years. Minor Risk Paying a dividend despite being loss-making. Reported Earnings • Oct 29
Third quarter 2025 earnings released: EPS: CN¥0.021 (vs CN¥0.021 in 3Q 2024) Third quarter 2025 results: EPS: CN¥0.021 (in line with 3Q 2024). Revenue: CN¥1.70b (down 6.7% from 3Q 2024). Net income: CN¥3.42m (flat on 3Q 2024). Profit margin: 0.2% (in line with 3Q 2024). Revenue is forecast to grow 2.9% p.a. on average during the next 3 years, compared to a 6.6% growth forecast for the Multiline Retail industry in China. Over the last 3 years on average, earnings per share has increased by 70% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Announcement • Sep 30
Chang Chun Eurasia Group Co., Ltd. to Report Q3, 2025 Results on Oct 29, 2025 Chang Chun Eurasia Group Co., Ltd. announced that they will report Q3, 2025 results on Oct 29, 2025 Reported Earnings • Aug 25
Second quarter 2025 earnings released: EPS: CN¥0.074 (vs CN¥0.006 in 2Q 2024) Second quarter 2025 results: EPS: CN¥0.074 (up from CN¥0.006 in 2Q 2024). Revenue: CN¥1.71b (flat on 2Q 2024). Net income: CN¥11.0m (up CN¥10.1m from 2Q 2024). Profit margin: 0.6% (up from 0% in 2Q 2024). Revenue is forecast to grow 2.3% p.a. on average during the next 3 years, compared to a 5.6% growth forecast for the Multiline Retail industry in China. Over the last 3 years on average, earnings per share has increased by 66% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Declared Dividend • Jul 06
Dividend reduced to CN¥0.10 Dividend of CN¥0.10 is 9.1% lower than last year. Ex-date: 8th July 2025 Payment date: 8th July 2025 Dividend yield will be 0.8%, which is lower than the industry average of 2.2%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months. However, the dividend is well covered by cash flows (2% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. Announcement • Jun 30
Chang Chun Eurasia Group Co., Ltd. to Report First Half, 2025 Results on Aug 23, 2025 Chang Chun Eurasia Group Co., Ltd. announced that they will report first half, 2025 results on Aug 23, 2025 New Risk • May 03
New major risk - Revenue and earnings growth Earnings have declined by 47% 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 Interest payments are not well covered by earnings (2.1x net interest cover). Earnings have declined by 47% per year over the past 5 years. Minor Risk Dividend is not well covered by earnings (91% payout ratio). Announcement • Apr 29
Chang Chun Eurasia Group Co., Ltd., Annual General Meeting, May 20, 2025 Chang Chun Eurasia Group Co., Ltd., Annual General Meeting, May 20, 2025, at 09:00 China Standard Time. New Risk • Apr 27
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 8.8% 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 Interest payments are not well covered by earnings (2.1x net interest cover). Minor Risks Dividend is not well covered by earnings (91% payout ratio). Share price has been volatile over the past 3 months (8.8% average weekly change). Reported Earnings • Apr 17
Full year 2024 earnings: EPS and revenues miss analyst expectations Full year 2024 results: CN¥0.17 loss per share (down from CN¥0.12 profit in FY 2023). Revenue: CN¥7.01b (flat on FY 2023). Net loss: CN¥27.8m (down 249% from profit in FY 2023). Revenue missed analyst estimates by 1.0%. Earnings per share (EPS) were also behind analyst expectations. Revenue is forecast to grow 2.9% p.a. on average during the next 2 years, compared to a 7.1% growth forecast for the Multiline Retail industry in China. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. Announcement • Mar 28
Chang Chun Eurasia Group Co., Ltd. to Report Q1, 2025 Results on Apr 29, 2025 Chang Chun Eurasia Group Co., Ltd. announced that they will report Q1, 2025 results on Apr 29, 2025 Announcement • Dec 27
Chang Chun Eurasia Group Co., Ltd. to Report Fiscal Year 2024 Results on Apr 17, 2025 Chang Chun Eurasia Group Co., Ltd. announced that they will report fiscal year 2024 results on Apr 17, 2025 Reported Earnings • Oct 29
Third quarter 2024 earnings released: EPS: CN¥0.021 (vs CN¥0.03 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.021 (down from CN¥0.03 in 3Q 2023). Revenue: CN¥1.82b (flat on 3Q 2023). Net income: CN¥3.39m (down 25% from 3Q 2023). Profit margin: 0.2% (in line with 3Q 2023). Revenue is forecast to grow 2.5% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Multiline Retail industry in China. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. Announcement • Sep 30
Chang Chun Eurasia Group Co., Ltd. to Report Q3, 2024 Results on Oct 29, 2024 Chang Chun Eurasia Group Co., Ltd. announced that they will report Q3, 2024 results on Oct 29, 2024 Reported Earnings • Aug 23
Second quarter 2024 earnings released: EPS: CN¥0.006 (vs CN¥0.018 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.006 (down from CN¥0.018 in 2Q 2023). Revenue: CN¥1.71b (flat on 2Q 2023). Net income: CN¥840.7k (down 69% from 2Q 2023). Profit margin: 0% (down from 0.2% in 2Q 2023). Revenue is forecast to grow 2.3% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Multiline Retail 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 8% per year, which means it has not declined as severely as earnings. Announcement • Jun 28
Chang Chun Eurasia Group Co., Ltd. to Report First Half, 2024 Results on Aug 23, 2024 Chang Chun Eurasia Group Co., Ltd. announced that they will report first half, 2024 results on Aug 23, 2024 Announcement • May 01
Chang Chun Eurasia Group Co., Ltd., Annual General Meeting, May 21, 2024 Chang Chun Eurasia Group Co., Ltd., Annual General Meeting, May 21, 2024, at 09:00 China Standard Time. Location: The Company's Meeting Room, Changchun, Jilin China Reported Earnings • Apr 30
First quarter 2024 earnings released: EPS: CN¥0.08 (vs CN¥0.06 in 1Q 2023) First quarter 2024 results: EPS: CN¥0.08 (up from CN¥0.06 in 1Q 2023). Revenue: CN¥1.94b (flat on 1Q 2023). Net income: CN¥13.4m (up 41% from 1Q 2023). Profit margin: 0.7% (up from 0.5% in 1Q 2023). Revenue is forecast to grow 2.8% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Multiline Retail industry in China. Over the last 3 years on average, earnings per share has fallen by 49% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings. Reported Earnings • Apr 18
Full year 2023 earnings: EPS exceeds analyst expectations while revenues lag behind Full year 2023 results: EPS: CN¥0.12 (up from CN¥1.00 loss in FY 2022). Revenue: CN¥7.01b (up 1.2% from FY 2022). Net income: CN¥18.7m (up CN¥178.1m from FY 2022). Profit margin: 0.3% (up from net loss in FY 2022). The move to profitability was primarily driven by lower expenses. Revenue missed analyst estimates by 2.4%. Earnings per share (EPS) exceeded analyst estimates by 9.1%. Revenue is forecast to grow 2.6% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Multiline Retail industry in China. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 67 percentage points per year, which is a significant difference in performance. Announcement • Mar 29
Chang Chun Eurasia Group Co., Ltd. to Report Q1, 2024 Results on Apr 30, 2024 Chang Chun Eurasia Group Co., Ltd. announced that they will report Q1, 2024 results on Apr 30, 2024 Announcement • Dec 29
Chang Chun Eurasia Group Co., Ltd. to Report Fiscal Year 2023 Results on Apr 17, 2024 Chang Chun Eurasia Group Co., Ltd. announced that they will report fiscal year 2023 results on Apr 17, 2024 New Risk • Nov 07
New major risk - Financial position The company's interest payments are not well covered by earnings. Net interest cover: 1.8x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.8x net interest cover). Minor Risk Paying a dividend despite being loss-making. Reported Earnings • Nov 02
Third quarter 2023 earnings released: EPS: CN¥0.03 (vs CN¥0.19 in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.03 (down from CN¥0.19 in 3Q 2022). Revenue: CN¥1.83b (down 3.6% from 3Q 2022). Net income: CN¥4.50m (down 85% from 3Q 2022). Profit margin: 0.2% (down from 1.5% in 3Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 3.8% p.a. on average during the next 3 years, compared to a 17% growth forecast for the Multiline Retail industry in China. 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. Reported Earnings • Aug 23
Second quarter 2023 earnings released: EPS: CN¥0.018 (vs CN¥0.60 loss in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.018 (up from CN¥0.60 loss in 2Q 2022). Revenue: CN¥1.70b (up 4.2% from 2Q 2022). Net income: CN¥2.72m (up CN¥92.3m from 2Q 2022). Profit margin: 0.2% (up from net loss in 2Q 2022). The move to profitability was primarily driven by higher revenue. Revenue is forecast to grow 9.1% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Multiline Retail industry in China. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 105 percentage points per year, which is a significant difference in performance. Reported Earnings • Apr 13
Full year 2022 earnings: EPS and revenues miss analyst expectations Full year 2022 results: CN¥1.00 loss per share (down from CN¥0.18 profit in FY 2021). Revenue: CN¥6.92b (down 17% from FY 2021). Net loss: CN¥159.4m (down CN¥187.7m from profit in FY 2021). Revenue missed analyst estimates by 5.7%. Earnings per share (EPS) also missed analyst estimates by 82%. Revenue is forecast to grow 12% p.a. on average during the next 2 years, compared to a 11% growth forecast for the Multiline Retail industry in China. 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. Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 6 non-independent directors. Independent Director Ying Yu 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 29
Third quarter 2022 earnings released: EPS: CN¥0.19 (vs CN¥0.33 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.19 (down from CN¥0.33 in 3Q 2021). Revenue: CN¥1.90b (down 6.5% from 3Q 2021). Net income: CN¥29.3m (down 44% from 3Q 2021). Profit margin: 1.5% (down from 2.6% in 3Q 2021). Revenue is forecast to grow 7.3% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Multiline Retail industry in China. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 97 percentage points per year, which is a significant difference in performance. Reported Earnings • Sep 02
Second quarter 2022 earnings released: CN¥0.60 loss per share (vs CN¥0.037 profit in 2Q 2021) Second quarter 2022 results: CN¥0.60 loss per share (down from CN¥0.037 profit in 2Q 2021). Revenue: CN¥1.63b (down 27% from 2Q 2021). Net loss: CN¥89.6m (down CN¥95.0m from profit in 2Q 2021). Over the next year, revenue is forecast to grow 15%, compared to a 142% growth forecast for the Multiline Retail industry in China. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 86 percentage points per year, which is a significant difference in performance. Reported Earnings • May 02
First quarter 2022 earnings: EPS and revenues miss analyst expectations First quarter 2022 results: EPS: CN¥0.02 (down from CN¥0.07 in 1Q 2021). Revenue: CN¥1.92b (down 5.1% from 1Q 2021). Net income: CN¥3.40m (down 72% from 1Q 2021). Profit margin: 0.2% (down from 0.6% in 1Q 2021). Revenue missed analyst estimates by 2.7%. Earnings per share (EPS) also missed analyst estimates by 28%. Over the next year, revenue is forecast to grow 5.2%, compared to a 12% growth forecast for the industry in China. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 70 percentage points per year, which is a significant difference in performance. Board Change • Apr 27
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. 2 highly experienced directors. 3 independent directors (6 non-independent directors). Independent Director Yi Hua Zhang was the last independent director to join the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Apr 13
Full year 2021 earnings: EPS and revenues miss analyst expectations Full year 2021 results: EPS: CN¥0.18 (up from CN¥0.14 in FY 2020). Revenue: CN¥8.35b (up 4.4% from FY 2020). Net income: CN¥28.3m (up 25% from FY 2020). Profit margin: 0.3% (in line with FY 2020). Revenue missed analyst estimates by 2.7%. Earnings per share (EPS) also missed analyst estimates by 28%. Over the next year, revenue is forecast to grow 9.9%, compared to a 11% growth forecast for the retail 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. Reported Earnings • Aug 29
Second quarter 2021 earnings released: EPS CN¥0.037 (vs CN¥0.18 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¥2.24b (up 403% from 2Q 2020). Net income: CN¥5.39m (down 81% from 2Q 2020). Profit margin: 0.2% (down from 6.4% in 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 55% per year but the company’s share price has only fallen by 16% per year, which means it has not declined as severely as earnings. Reported Earnings • Apr 18
Full year 2020 earnings released: EPS CN¥0.14 (vs CN¥1.50 in FY 2019) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: CN¥8.00b (down 52% from FY 2019). Net income: CN¥22.7m (down 91% from FY 2019). Profit margin: 0.3% (down from 1.4% in FY 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 38% per year but the company’s share price has only fallen by 16% per year, which means it has not declined as severely as earnings. Is New 90 Day High Low • Jan 29
New 90-day low: CN¥13.01 The company is down 12% from its price of CN¥14.83 on 30 October 2020. The Chinese market is up 9.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Multiline Retail industry, which is down 16% over the same period. Is New 90 Day High Low • Jan 11
New 90-day low: CN¥13.15 The company is down 18% from its price of CN¥16.08 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 Multiline Retail industry, which is down 20% over the same period. Is New 90 Day High Low • Dec 24
New 90-day low: CN¥13.42 The company is down 13% from its price of CN¥15.40 on 25 September 2020. The Chinese market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Multiline Retail industry, which is down 11% over the same period. Is New 90 Day High Low • Dec 02
New 90-day low: CN¥14.42 The company is down 11% from its price of CN¥16.25 on 03 September 2020. The Chinese market is down 1.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Multiline Retail industry, which is down 13% 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¥108.1m, down 58% from the prior year. Total revenue was CN¥9.92b over the last 12 months, down 41% from the prior year. Announcement • Oct 29
Chang Chun Eurasia Group Co., Ltd. to Report Q3, 2020 Results on Oct 31, 2020 Chang Chun Eurasia Group Co., Ltd. announced that they will report Q3, 2020 results on Oct 31, 2020 Is New 90 Day High Low • Oct 29
New 90-day low: CN¥15.26 The company is down 16% from its price of CN¥18.11 on 31 July 2020. The Chinese market is down 1.0% over the last 90 days, indicating the company underperformed over that time. However, its price trend is similar to the Multiline Retail industry, which is also down 16% over the same period. Is New 90 Day High Low • Sep 28
New 90-day low: CN¥15.40 The company is down 1.0% from its price of CN¥15.52 on 30 June 2020. The Chinese market is up 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Multiline Retail industry, which is up 7.0% over the same period. Announcement • Aug 08
Changchun Middle East Real Estate Development Co., Ltd. agreed to acquire 95% stake in Changchun Eurasian Jingyue Shopping Center Co., Ltd. from Chang Chun Eurasia Group Co., Ltd. (SHSE:600697) for CNY 269.7 million. Changchun Middle East Real Estate Development Co., Ltd. agreed to acquire 95% stake in Changchun Eurasian Jingyue Shopping Center Co., Ltd. from Chang Chun Eurasia Group Co., Ltd. (SHSE:600697) for CNY 269.7 million on August 5, 2020. As of April 29, 2020, board of directors of Chang Chun Eurasia Group Co., Ltd. approved the transaction. On May 20, 2020, the Sixth Session of the Ninth directorate of Chang Chun Eurasia Group Co., Ltd. reviewed and approved the "Proposal on the Progress of Transfer of Equity in a Wholly Owned Subsidiary". The board of directors agreed that Chang Chun Eurasia Group Co., Ltd. management should hire a qualified intermediary agency to conduct the Audit and evaluation of the overall assets of the Changchun Eurasian Jingyue Shopping Center Co., Ltd. in accordance with procedures. It was agreed that the management of Chang Chun Eurasia Group Co., Ltd. shall transfer 95% of the equity of the Changchun Eurasian Jingyue Shopping Center Co., Ltd through public listing at the Changchun Public Resources Exchange Center in accordance with relevant regulations and the actual situation of the retail chain industry and Changchun Eurasian Jingyue Shopping Center Co., Ltd, and the remaining equity shall be transferred at the appropriate time. Changchun Eurasian Jingyue Shopping Center Co., Ltd. reported total assets of CNY 235.4471 million and net loss of CNY 0.1483 million for March 31, 2020. Announcement • Jul 18
Chang Chun Eurasia Group Co., Ltd. to Report First Half, 2020 Results on Aug 29, 2020 Chang Chun Eurasia Group Co., Ltd. announced that they will report first half, 2020 results on Aug 29, 2020 
