Announcement • Jun 30
Suzhou YourBest New-type Materials Co.,Ltd. to Report First Half, 2026 Results on Aug 29, 2026 Suzhou YourBest New-type Materials Co.,Ltd. announced that they will report first half, 2026 results on Aug 29, 2026 New Risk • Jun 04
New major risk - Revenue and earnings growth Earnings have declined by 19% 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 Risk Earnings have declined by 19% per year over the past 5 years. Minor Risk Paying a dividend despite having no free cash flows. Declared Dividend • May 18
Dividend increased to CN¥0.20 Dividend of CN¥0.20 is 160% higher than last year. Ex-date: 22nd May 2026 Payment date: 22nd May 2026 Dividend yield will be 0.5%, which is lower than the industry average of 1.8%. Sustainability & Growth Dividend is covered by earnings (79% 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 dividend has increased by an average of 3.6% per year over the past 3 years. However, payments have been volatile during that time. EPS is expected to grow by 77% over the next year, which should provide support to the dividend and adequate earnings cover. New Risk • Apr 26
New minor risk - Dividend sustainability The dividend is not well covered by cash flows. The company is paying a dividend despite having no free cash flows. Dividend yield: 0.5% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (10% average weekly change). Minor Risk Paying a dividend despite having no free cash flows. Reported Earnings • Apr 17
Full year 2025 earnings: EPS and revenues miss analyst expectations Full year 2025 results: EPS: CN¥0.27 (down from CN¥0.37 in FY 2024). Revenue: CN¥2.97b (down 9.4% from FY 2024). Net income: CN¥29.2m (down 24% from FY 2024). Profit margin: 1.0% (down from 1.2% in FY 2024). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 5.7%. Earnings per share (EPS) also missed analyst estimates by 86%. Revenue is forecast to grow 11% p.a. on average during the next 2 years, compared to a 24% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has fallen by 45% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings. Announcement • Apr 17
Suzhou YourBest New-type Materials Co.,Ltd., Annual General Meeting, May 11, 2026 Suzhou YourBest New-type Materials Co.,Ltd., Annual General Meeting, May 11, 2026, at 15:00 China Standard Time. Location: No. 688, Songwei Road, Guoxiang Subdistrict, Wuzhong Economic Development Zone, Suzhou, Jiangsu China Announcement • Mar 31
Suzhou YourBest New-type Materials Co.,Ltd. to Report Q1, 2026 Results on Apr 24, 2026 Suzhou YourBest New-type Materials Co.,Ltd. announced that they will report Q1, 2026 results on Apr 24, 2026 New Risk • Mar 24
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Chinese stocks, typically moving 10% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (10% average weekly change). Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.5% net profit margin). New Risk • Jan 19
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 Share price has been volatile over the past 3 months (7.2% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.5% net profit margin). Announcement • Dec 31
Suzhou YourBest New-type Materials Co.,Ltd. to Report Fiscal Year 2025 Results on Apr 17, 2026 Suzhou YourBest New-type Materials Co.,Ltd. announced that they will report fiscal year 2025 results on Apr 17, 2026 Reported Earnings • Oct 29
Third quarter 2025 earnings released: EPS: CN¥0.15 (vs CN¥0.10 in 3Q 2024) Third quarter 2025 results: EPS: CN¥0.15 (up from CN¥0.10 in 3Q 2024). Revenue: CN¥741.8m (down 6.6% from 3Q 2024). Net income: CN¥16.7m (up 60% from 3Q 2024). Profit margin: 2.3% (up from 1.3% in 3Q 2024). Revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 22% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has fallen by 35% per year but the company’s share price has only fallen by 20% per year, which means it has not declined as severely as earnings. Announcement • Sep 30
Suzhou YourBest New-type Materials Co.,Ltd. to Report Q3, 2025 Results on Oct 29, 2025 Suzhou YourBest New-type Materials Co.,Ltd. announced that they will report Q3, 2025 results on Oct 29, 2025 Announcement • Jul 02
Suzhou YourBest New-type Materials Co.,Ltd. to Report First Half, 2025 Results on Aug 28, 2025 Suzhou YourBest New-type Materials Co.,Ltd. announced that they will report first half, 2025 results on Aug 28, 2025 Declared Dividend • May 25
Dividend reduced to CN¥0.10 Dividend of CN¥0.10 is 63% lower than last year. Ex-date: 30th May 2025 Payment date: 30th May 2025 Dividend yield will be 0.3%, which is lower than the industry average of 1.8%. Sustainability & Growth Dividend is covered by earnings (28% 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 dividend has decreased over the past 26 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 88% over the next year, which should provide support to the dividend and adequate earnings cover. Announcement • May 24
Suzhou YourBest New-type Materials Co.,Ltd. Announces Final Cash Dividend on A Shares for 2024, Payable on 30 May 2025 Suzhou YourBest New-type Materials Co.,Ltd. announced cash dividend of CNY 0.99999800 per 10 A shares (tax included) for 2024. Record date: 29 May 2025; Ex-date: 30 May 2025 and Payment date: 30 May 2025. Announcement • Apr 22
Suzhou YourBest New-type Materials Co.,Ltd. Proposes Final Cash Dividend for 2024 Suzhou YourBest New-type Materials Co.,Ltd. proposed final cash dividend of CNY 1.00000000 per 10 shares (tax included) for 2024. Announcement • Apr 21
Suzhou YourBest New-type Materials Co.,Ltd., Annual General Meeting, May 19, 2025 Suzhou YourBest New-type Materials Co.,Ltd., Annual General Meeting, May 19, 2025, at 15:00 China Standard Time. Location: 3F, No. 688, Songwei Road, Guoxiang Subdistrict, Wuzhong Economic Development Zone, Suzhou, Jiangsu 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 8.4% 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 (21% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (8.4% average weekly change). Profit margins are more than 30% lower than last year (2.5% net profit margin). Valuation Update With 7 Day Price Move • Apr 07
Investor sentiment deteriorates as stock falls 20% After last week's 20% share price decline to CN¥28.16, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 27x in the Electronic industry in China. Total loss to shareholders of 30% over the past year. Announcement • Mar 31
Suzhou YourBest New-type Materials Co.,Ltd. to Report Q1, 2025 Results on Apr 29, 2025 Suzhou YourBest New-type Materials Co.,Ltd. announced that they will report Q1, 2025 results on Apr 29, 2025 Announcement • Dec 31
Suzhou YourBest New-type Materials Co.,Ltd. to Report Fiscal Year 2024 Results on Apr 21, 2025 Suzhou YourBest New-type Materials Co.,Ltd. announced that they will report fiscal year 2024 results on Apr 21, 2025 Major Estimate Revision • Nov 11
Consensus EPS estimates fall by 14% The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from CN¥3.53b to CN¥3.41b. EPS estimate also fell from CN¥2.83 per share to CN¥2.43 per share. Net income forecast to grow 222% next year vs 50% growth forecast for Electronic industry in China. Consensus price target down from CN¥53.00 to CN¥50.00. Share price rose 40% to CN¥53.49 over the past week. Valuation Update With 7 Day Price Move • Nov 06
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to CN¥46.01, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 26x in the Electronic industry in China. Total loss to shareholders of 5.1% over the past year. Reported Earnings • Oct 23
Third quarter 2024 earnings released: EPS: CN¥0.10 (vs CN¥0.43 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.10 (down from CN¥0.43 in 3Q 2023). Revenue: CN¥794.2m (up 5.2% from 3Q 2023). Net income: CN¥10.5m (down 77% from 3Q 2023). Profit margin: 1.3% (down from 5.9% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 31% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Electronic industry in China. Valuation Update With 7 Day Price Move • Oct 15
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to CN¥32.97, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 23x in the Electronic industry in China. Total loss to shareholders of 31% over the past year. New Risk • Sep 30
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Chinese stocks, typically moving 9.1% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (9.1% average weekly change). High level of non-cash earnings (26% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (3.6% net profit margin). Announcement • Sep 30
Suzhou YourBest New-type Materials Co.,Ltd. to Report Q3, 2024 Results on Oct 23, 2024 Suzhou YourBest New-type Materials Co.,Ltd. announced that they will report Q3, 2024 results on Oct 23, 2024 Valuation Update With 7 Day Price Move • Sep 27
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to CN¥31.65, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 20x in the Electronic industry in China. Total loss to shareholders of 36% over the past year. Reported Earnings • Aug 28
Second quarter 2024 earnings released: EPS: CN¥0.013 (vs CN¥0.35 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.013 (down from CN¥0.35 in 2Q 2023). Revenue: CN¥982.7m (up 33% from 2Q 2023). Net income: CN¥1.33m (down 96% from 2Q 2023). Profit margin: 0.1% (down from 5.0% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 29% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Electronic industry in China. Announcement • Jun 29
Suzhou YourBest New-type Materials Co.,Ltd. to Report First Half, 2024 Results on Aug 28, 2024 Suzhou YourBest New-type Materials Co.,Ltd. announced that they will report first half, 2024 results on Aug 28, 2024 Declared Dividend • May 23
Dividend increased to CN¥0.27 Dividend of CN¥0.27 is 50% higher than last year. Ex-date: 28th May 2024 Payment date: 28th May 2024 Dividend yield will be 0.7%, which is lower than the industry average of 1.8%. Sustainability & Growth Dividend is covered by earnings (19% 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 161% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Valuation Update With 7 Day Price Move • May 22
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥42.86, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 22x in the Electronic industry in China. Total loss to shareholders of 25% over the past year. Major Estimate Revision • Apr 25
Consensus revenue estimates fall by 14% The consensus outlook for revenues in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from CN¥4.09b to CN¥3.53b. EPS estimate fell from CN¥2.91 to CN¥2.46 per share. Net income forecast to grow 89% next year vs 53% growth forecast for Electronic industry in China. Consensus price target down from CN¥65.00 to CN¥53.00. Share price fell 9.0% to CN¥34.90 over the past week. Announcement • Apr 20
Suzhou YourBest New-type Materials Co.,Ltd., Annual General Meeting, May 14, 2024 Suzhou YourBest New-type Materials Co.,Ltd., Annual General Meeting, May 14, 2024, at 13:00 China Standard Time. Location: The Company's Meeting Room, Suzhou, Jiangsu China Valuation Update With 7 Day Price Move • Apr 16
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to CN¥35.16, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 21x in the Electronic industry in China. Total loss to shareholders of 42% over the past year. Announcement • Mar 30
Suzhou YourBest New-type Materials Co.,Ltd. to Report Q1, 2024 Results on Apr 19, 2024 Suzhou YourBest New-type Materials Co.,Ltd. announced that they will report Q1, 2024 results on Apr 19, 2024 Valuation Update With 7 Day Price Move • Mar 12
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to CN¥45.10, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 22x in the Electronic industry in China. Total loss to shareholders of 40% over the past year. Announcement • Feb 06
Suzhou Yourbest New-Type Materials Co.,Ltd. Approves the Election of Board of Directors Suzhou YourBest New-type Materials Co.,Ltd. held its 1st Extraordinary General Meeting of 2024 on 02 February 2024, during which the following proposal(s) was/were approved the election of Jiang Xuehan, Wang Binwen as non-independent director, Li Decheng, Huang Shizhong and Lv Chengying as independent director, Zhang Mengyi and Zhu Jiaofeng as non-employee supervisor. Price Target Changed • Feb 02
Price target decreased by 12% to CN¥64.50 Down from CN¥72.95, the current price target is an average from 2 analysts. New target price is 82% above last closing price of CN¥35.41. Stock is down 55% over the past year. The company is forecast to post earnings per share of CN¥2.10 for next year compared to CN¥1.10 last year. Valuation Update With 7 Day Price Move • Jan 30
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to CN¥37.80, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 19x in the Electronic industry in China. Total loss to shareholders of 54% over the past year. Announcement • Dec 30
Suzhou YourBest New-type Materials Co.,Ltd. to Report Fiscal Year 2023 Results on Apr 19, 2024 Suzhou YourBest New-type Materials Co.,Ltd. announced that they will report fiscal year 2023 results on Apr 19, 2024 Valuation Update With 7 Day Price Move • Dec 28
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to CN¥51.23, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 22x in the Electronic industry in China. Total loss to shareholders of 33% over the past year. Valuation Update With 7 Day Price Move • Nov 09
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to CN¥51.83, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 22x in the Electronic industry in China. Total loss to shareholders of 25% over the past year. Reported Earnings • Oct 26
Third quarter 2023 earnings released: EPS: CN¥0.43 (vs CN¥0.25 in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.43 (up from CN¥0.25 in 3Q 2022). Revenue: CN¥754.6m (up 60% from 3Q 2022). Net income: CN¥44.8m (up 67% from 3Q 2022). Profit margin: 5.9% (up from 5.7% in 3Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 32% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Electronic industry in China. Announcement • Sep 30
Suzhou YourBest New-type Materials Co.,Ltd. to Report Q3, 2023 Results on Oct 26, 2023 Suzhou YourBest New-type Materials Co.,Ltd. announced that they will report Q3, 2023 results on Oct 26, 2023 Valuation Update With 7 Day Price Move • Jul 17
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to CN¥61.47, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 25x in the Electronic industry in China. Negligible returns to shareholders over past year. Valuation Update With 7 Day Price Move • Jun 30
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥70.31, the stock trades at a forward P/E ratio of 28x. Average forward P/E is 24x in the Electronic industry in China. Total returns to shareholders of 30% over the past year. Valuation Update With 7 Day Price Move • Jun 15
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to CN¥62.20, the stock trades at a forward P/E ratio of 25x. Average forward P/E is 24x in the Electronic industry in China. Total returns to shareholders of 58% over the past year. Announcement • May 20
Suzhou YourBest New-type Materials Co.,Ltd. Announces Final Dividend for 2022, Payable on 26 May 2023 Suzhou YourBest New-type Materials Co.,Ltd. announced final cash dividend of CNY 1.80000000 per 10 shares (tax included) for 2022. Record date is 25 May 2023. Ex-date is 26 May 2023. Payment date is 26 May 2023. Announcement • May 18
Suzhou Yourbest New-Type Materials Co.,Ltd. Approves the Cash Dividend for the Year 2022 Suzhou YourBest New-type Materials Co.,Ltd. announced that at its Annual General Meeting of 2022 held on 16 May 2023, approved the Cash dividend/10 shares (tax included) of CNY 1.80000000 for the year 2022. Reported Earnings • Oct 25
Third quarter 2022 earnings released Third quarter 2022 results: EPS: CN¥0.25. Net income: CN¥26.8m (up CN¥26.8m from 3Q 2021). Revenue is forecast to grow 35% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Electronic industry in China. Valuation Update With 7 Day Price Move • Sep 26
Investor sentiment improved over the past week After last week's 18% share price gain to CN¥58.10, the stock trades at a trailing P/E ratio of 75.7x. Average trailing P/E is 32x in the Electronic industry in China. Reported Earnings • Aug 29
Second quarter 2022 earnings released Second quarter 2022 results: EPS: CN¥0.37. Net income: CN¥28.6m (up CN¥28.6m from 2Q 2021). Valuation Update With 7 Day Price Move • Jun 23
Investor sentiment improved over the past week After last week's 28% share price gain to CN¥50.60, the stock trades at a trailing P/E ratio of 72.1x. Average trailing P/E is 33x in the Electronic industry in China.