Board Change • Jul 27
Less than half of directors are independent There are 6 new directors who have joined the board in the last 3 years. Of these new board members, 3 were independent directors. The company's board is composed of: 3 independent directors. 6 non-independent directors. Independent Director Zhi Mao was the last independent director to join the board, commencing their role in 2026. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Valuation Update With 7 Day Price Move • Jul 15
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to CN¥21.50, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 16x in the Multiline Retail industry in China. Total loss to shareholders of 35% over the past three years. Announcement • Jun 30
Sailvan Times Co., Ltd. to Report First Half, 2026 Results on Aug 27, 2026 Sailvan Times Co., Ltd. announced that they will report first half, 2026 results on Aug 27, 2026 Valuation Update With 7 Day Price Move • Jun 15
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to CN¥20.24, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 19x in the Multiline Retail industry in China. Total returns to shareholders of 3.8% over the past year. Announcement • Apr 28
Sailvan Times Co., Ltd., Annual General Meeting, May 20, 2026 Sailvan Times Co., Ltd., Annual General Meeting, May 20, 2026, at 15:00 China Standard Time. Location: The Company's Meeting Room, Shenzhen, Guangdong China Announcement • Mar 31
Sailvan Times Co., Ltd. to Report Q1, 2026 Results on Apr 28, 2026 Sailvan Times Co., Ltd. announced that they will report Q1, 2026 results on Apr 28, 2026 Valuation Update With 7 Day Price Move • Jan 14
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to CN¥24.15, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 23x in the Multiline Retail industry in China. Total returns to shareholders of 8.8% over the past year. Simply Wall St's valuation model estimates the intrinsic value at CN¥38.88 per share. Announcement • Dec 31
Sailvan Times Co., Ltd. to Report Fiscal Year 2025 Results on Apr 28, 2026 Sailvan Times Co., Ltd. announced that they will report fiscal year 2025 results on Apr 28, 2026 Board Change • Dec 13
Less than half of directors are independent Following the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 5 non-independent directors. Non-Independent Director Xiaolan Chen was the last independent director to join the board, commencing their role in 2025. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Oct 29
Third quarter 2025 earnings released: EPS: CN¥0.10 (vs CN¥0.10 loss in 3Q 2024) Third quarter 2025 results: EPS: CN¥0.10 (up from CN¥0.10 loss in 3Q 2024). Revenue: CN¥2.84b (up 8.3% from 3Q 2024). Net income: CN¥40.6m (up CN¥80.7m from 3Q 2024). Profit margin: 1.4% (up from net loss in 3Q 2024). The move to profitability was driven by higher revenue. Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 6.6% growth forecast for the Multiline Retail industry in China. Announcement • Sep 30
Sailvan Times Co., Ltd. to Report Q3, 2025 Results on Oct 29, 2025 Sailvan Times Co., Ltd. announced that they will report Q3, 2025 results on Oct 29, 2025 Declared Dividend • Sep 20
Dividend of CN¥0.25 announced Shareholders will receive a dividend of CN¥0.25. Ex-date: 24th September 2025 Payment date: 24th September 2025 Dividend yield will be 1.0%, which is lower than the industry average of 2.2%. Sustainability & Growth Dividend is covered by earnings (68% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The company is yet to establish a track record of dividend growth or stability as it hasn't paid a regular dividend for at least 2 years. EPS is expected to grow by 164% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Price Target Changed • Sep 09
Price target increased by 15% to CN¥27.00 Up from CN¥23.50, the current price target is an average from 2 analysts. New target price is 9.8% above last closing price of CN¥24.58. Stock is up 6.8% over the past year. The company is forecast to post earnings per share of CN¥0.87 for next year compared to CN¥0.54 last year. New Risk • Sep 07
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 20% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (20% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (1.3% net profit margin). Announcement • Aug 30
Sailvan Times Co., Ltd. Proposes Interim Cash Dividend for 2025 Sailvan Times Co., Ltd. proposed interim Cash dividend/10 shares (tax included): CNY 2.50000000 for 2025. Company will hold the 2nd Extraordinary General Meeting of 2025 at 15:00 on 15 September 2025. Announcement • Jul 02
Sailvan Times Co., Ltd. to Report First Half, 2025 Results on Aug 29, 2025 Sailvan Times Co., Ltd. announced that they will report first half, 2025 results on Aug 29, 2025 New Risk • May 12
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 8.7% 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 High level of non-cash earnings (49% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (8.7% average weekly change). Profit margins are more than 30% lower than last year (2.1% net profit margin). Reported Earnings • Apr 26
First quarter 2025 earnings released: EPS: CN¥0.12 (vs CN¥0.21 in 1Q 2024) First quarter 2025 results: EPS: CN¥0.12 (down from CN¥0.21 in 1Q 2024). Revenue: CN¥2.46b (up 37% from 1Q 2024). Net income: CN¥47.0m (down 45% from 1Q 2024). Profit margin: 1.9% (down from 4.8% in 1Q 2024). Revenue is forecast to grow 17% p.a. on average during the next 2 years, compared to a 6.9% growth forecast for the Multiline Retail industry in China. New Risk • Apr 26
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 1.6% Last year net profit margin: 5.2% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (46% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (1.6% net profit margin). Announcement • Apr 26
Sailvan Times Co., Ltd., Annual General Meeting, May 19, 2025 Sailvan Times Co., Ltd., Annual General Meeting, May 19, 2025, at 15:00 China Standard Time. Location: 11F, Building 6, Kanglicheng, Shanglilang Community, Nanwan Subdistrict, Longgang District, Shenzhen, Guangdong China New Risk • Apr 07
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 7.9% 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 High level of non-cash earnings (43% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (7.9% average weekly change). Valuation Update With 7 Day Price Move • Apr 07
Investor sentiment deteriorates as stock falls 21% After last week's 21% share price decline to CN¥17.76, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 23x in the Multiline Retail industry in China. Total loss to shareholders of 28% over the past year. Simply Wall St's valuation model estimates the intrinsic value at CN¥10.69 per share. Announcement • Mar 31
Sailvan Times Co., Ltd. to Report Q1, 2025 Results on Apr 26, 2025 Sailvan Times Co., Ltd. announced that they will report Q1, 2025 results on Apr 26, 2025 Announcement • Dec 31
Sailvan Times Co., Ltd. to Report Fiscal Year 2024 Results on Apr 26, 2025 Sailvan Times Co., Ltd. announced that they will report fiscal year 2024 results on Apr 26, 2025 Reported Earnings • Oct 30
Third quarter 2024 earnings released: CN¥0.10 loss per share (vs CN¥0.19 profit in 3Q 2023) Third quarter 2024 results: CN¥0.10 loss per share (down from CN¥0.19 profit in 3Q 2023). Revenue: CN¥2.62b (up 64% from 3Q 2023). Net loss: CN¥40.2m (down 156% from profit in 3Q 2023). Revenue is forecast to grow 19% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Multiline Retail industry in China. Announcement • Sep 30
Sailvan Times Co., Ltd. to Report Q3, 2024 Results on Oct 30, 2024 Sailvan Times Co., Ltd. announced that they will report Q3, 2024 results on Oct 30, 2024 Valuation Update With 7 Day Price Move • Sep 30
Investor sentiment improves as stock rises 27% After last week's 27% share price gain to CN¥27.88, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 19x in the Multiline Retail industry in China. Total loss to shareholders of 18% over the past year. Announcement • Sep 19
Sailvan Times Co., Ltd. Announces Interim Cash Dividend of the Year 2024 of A Shares, Payable on 24 September 2024 Sailvan Times Co., Ltd. announced interim cash dividend/10 shares (tax included) of CNY 3.00000000 for year 2024 of A shares. Record date is 23 September 2024. Ex-date is 24 September 2024. Payment date is 24 September 2024. Reported Earnings • Aug 26
Second quarter 2024 earnings released: EPS: CN¥0.37 (vs CN¥0.27 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.37 (up from CN¥0.27 in 2Q 2023). Revenue: CN¥2.38b (up 56% from 2Q 2023). Net income: CN¥149.5m (up 52% from 2Q 2023). Profit margin: 6.3% (down from 6.4% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 20% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Multiline Retail industry in China. New Risk • Jul 25
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 7.2% 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 Short dividend paying track record (less than a year of continuous dividend payments). Share price has been volatile over the past 3 months (7.2% average weekly change). Buy Or Sell Opportunity • Jul 01
Now 32% undervalued after recent price drop Over the last 90 days, the stock has fallen 14% to CN¥22.93. The fair value is estimated to be CN¥33.89, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 41% over the last year. Earnings per share has grown by 95%. Revenue is forecast to grow by 56% in 2 years. Earnings are forecast to grow by 66% in the next 2 years. Announcement • Jun 29
Sailvan Times Co., Ltd. to Report First Half, 2024 Results on Aug 24, 2024 Sailvan Times Co., Ltd. announced that they will report first half, 2024 results on Aug 24, 2024 Buy Or Sell Opportunity • Jun 20
Now 22% undervalued after recent price drop Over the last 90 days, the stock has fallen 7.2% to CN¥24.69. The fair value is estimated to be CN¥31.48, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 41% over the last year. Earnings per share has grown by 95%. Revenue is forecast to grow by 56% in 2 years. Earnings are forecast to grow by 66% in the next 2 years. Announcement • May 25
Sailvan Times Co., Ltd. Announces 2023 Final Profit Distribution on A Shares, Payable on 30 May 2024 Sailvan Times Co., Ltd. announced 2023 final profit distribution (A shares) of CNY 2.50 per 10 shares (tax included). Record date is 29 May 2024, Ex-date is 30 May 2024, Payment date is 30 May 2024. Announcement • Apr 29
Sailvan Times Co., Ltd., Annual General Meeting, May 21, 2024 Sailvan Times Co., Ltd., Annual General Meeting, May 21, 2024, at 15:00 China Standard Time. Location: 11F, Building 6, Kanglicheng, Shanglilang Community, Nanwan Subdistrict, Longgang District, Shenzhen, Guangdong China Reported Earnings • Apr 27
Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behind Full year 2023 results: EPS: CN¥0.89 (up from CN¥0.51 in FY 2022). Revenue: CN¥6.56b (up 34% from FY 2022). Net income: CN¥335.5m (up 81% from FY 2022). Profit margin: 5.1% (up from 3.8% in FY 2022). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 2.2%. Earnings per share (EPS) missed analyst estimates by 5.5%. Revenue is forecast to grow 23% p.a. on average during the next 2 years, compared to a 13% growth forecast for the Multiline Retail industry in China. Announcement • Mar 30
Sailvan Times Co., Ltd. to Report Q1, 2024 Results on Apr 27, 2024 Sailvan Times Co., Ltd. announced that they will report Q1, 2024 results on Apr 27, 2024 Reported Earnings • Mar 12
Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behind Full year 2023 results: EPS: CN¥0.85 (up from CN¥0.51 in FY 2022). Revenue: CN¥6.56b (up 34% from FY 2022). Net income: CN¥338.6m (up 83% from FY 2022). Profit margin: 5.2% (up from 3.8% in FY 2022). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 2.2%. Earnings per share (EPS) missed analyst estimates by 4.6%. Revenue is forecast to grow 23% p.a. on average during the next 2 years, compared to a 15% growth forecast for the Multiline Retail industry in China. Valuation Update With 7 Day Price Move • Feb 02
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to CN¥23.34, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 15x in the Multiline Retail industry in China. Simply Wall St's valuation model estimates the intrinsic value at CN¥33.28 per share. Buy Or Sell Opportunity • Jan 30
Now 22% undervalued after recent price drop Over the last 90 days, the stock has fallen 25% to CN¥26.05. The fair value is estimated to be CN¥33.36, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 33%. Revenue is forecast to grow by 64% in 2 years. Earnings are forecast to grow by 157% in the next 2 years. Announcement • Dec 29
Sailvan Times Co., Ltd. to Report Fiscal Year 2023 Results on Apr 27, 2024 Sailvan Times Co., Ltd. announced that they will report fiscal year 2023 results on Apr 27, 2024 Announcement • Nov 23
Sailvan Times Co., Ltd. Announces Special Cash Dividend for 2023, Payable on 29 November 2023 Sailvan Times Co., Ltd. announced 2023 special profit distribution plan to be implemented (A shares) as cash dividend/10 shares (tax included): CNY 2.50000000. Record date is 28 November 2023. Ex-date is 29 November 2023. Payment date is 29 November 2023. Reported Earnings • Nov 01
Third quarter 2023 earnings released: EPS: CN¥0.19 (vs CN¥0.09 in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.19 (up from CN¥0.09 in 3Q 2022). Revenue: CN¥1.60b (up 18% from 3Q 2022). Net income: CN¥72.2m (up 124% from 3Q 2022). Profit margin: 4.5% (up from 2.4% in 3Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 24% p.a. on average during the next 2 years, compared to a 18% growth forecast for the Specialty Retail industry in China. Valuation Update With 7 Day Price Move • Oct 30
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥33.35, the stock trades at a forward P/E ratio of 29x. Average forward P/E is 17x in the Specialty Retail industry in China. Valuation Update With 7 Day Price Move • Aug 23
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to CN¥36.71, the stock trades at a trailing P/E ratio of 79.3x. Average trailing P/E is 27x in the Specialty Retail industry in China. Announcement • Jul 15
Sailvan Times Co., Ltd. to Report First Half, 2023 Results on Aug 30, 2023 Sailvan Times Co., Ltd. announced that they will report first half, 2023 results on Aug 30, 2023