Announcement • Mar 30
DEPPON LOGISTICS Co., LTD. to Report Q1, 2026 Results on Apr 30, 2026 DEPPON LOGISTICS Co., LTD. announced that they will report Q1, 2026 results on Apr 30, 2026 Announcement • Jan 30
Deppon Logistics Co., Ltd. Provides Preliminary Unaudited Consolidated Earnings Guidance for the Year Ended December 31, 2025 Deppon Logistics Co., Ltd. provided preliminary unaudited consolidated earnings guidance for the year ended December 31, 2025. For the year, based on preliminary assessment of the unaudited consolidated management accounts, Deppon expects that its (1) unaudited net loss attributable to shareholders of Deppon for the year ended December 31, 2025 will be ranging from approximately RMB 439.0 million to RMB 539.0 million, representing a turnaround from profit to loss as compared to the corresponding period of last year (2024: profit of RMB 860.6 million), and (2) unaudited net loss attributable to shareholders of Deppon after deduction of non-recurring profit and loss for the year ended December 31, 2025 will be ranging from approximately RMB 528.1 million to RMB 628.1 million, representing a turnaround from profit to loss as compared to the corresponding period of last year (2024: profit of RMB 636.8 million). The expected turnaround from profit to loss in Deppon’s results was mainly due to the dual effect of the external environment and the adjustments to internal operating strategy. In respect of the external environment, customers such as upstream manufacturers and trading companies had increasing demand for control on logistics costs, which imposed greater downward pressure on prices to the overall industry. In respect of the internal operations, Deppon had always adhered to the “customer-first” business philosophy. On the one hand, to better ensure customer delivery experience during the Spring Festival holiday, in the first quarter of 2025 Deppon stepped up efforts to retain front-line personnel and allocate resources to ensure the smooth operation of cargo transportation. On the other hand, to strengthen the competitiveness of its core products, Deppon had increased its strategic resource investment in transportation capacity and manpower since the third quarter of 2025. For transportation capacity, to ensure timely and efficient delivery, Deppon had increased the frequency of departures, which led to the year-over-year increase in trunk and branch line transportation, and the fuel and toll fees as well as outsourcing costs for trunk and branch lines had also increased correspondingly. For manpower, Deppon had increased its contribution in manpower resources to ensure service quality and improve collection and delivery capabilities and time efficiency. In addition, Deppon also increased employee benefits by measures such as raising certain commission standards and optimizing reward and punishment mechanisms to enhance employees’ sense of belonging, so as to constantly improve customer service quality. During the reporting period, market competition and resource investment exerted periodic pressure on Deppon’s operating results. However, with the steady progress of Deppon’s various measures for cost reduction and efficiency improvement, customer experience indicators continued to improve, which is beneficial to long-term sustainable development in the future. Announcement • Dec 26
DEPPON LOGISTICS Co., LTD. to Report Fiscal Year 2025 Results on Apr 23, 2026 DEPPON LOGISTICS Co., LTD. announced that they will report fiscal year 2025 results on Apr 23, 2026 Price Target Changed • Nov 15
Price target decreased by 8.3% to CN¥14.49 Down from CN¥15.81, the current price target is an average from 4 analysts. New target price is approximately in line with last closing price of CN¥14.97. Stock is up 7.7% over the past year. The company is forecast to post earnings per share of CN¥0.59 for next year compared to CN¥0.85 last year. Reported Earnings • Oct 31
Third quarter 2025 earnings released: CN¥0.33 loss per share (vs CN¥0.18 profit in 3Q 2024) Third quarter 2025 results: CN¥0.33 loss per share (down from CN¥0.18 profit in 3Q 2024). Revenue: CN¥9.72b (down 1.4% from 3Q 2024). Net loss: CN¥329.0m (down 279% from profit in 3Q 2024). Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 8.6% growth forecast for the Logistics industry in China. Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings. Announcement • Sep 30
DEPPON LOGISTICS Co., LTD. to Report Q3, 2025 Results on Oct 31, 2025 DEPPON LOGISTICS Co., LTD. announced that they will report Q3, 2025 results on Oct 31, 2025 New Risk • Aug 21
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: 1.4% Last year net profit margin: 2.1% 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: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (8.3% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.4% net profit margin). Announcement • Jun 30
DEPPON LOGISTICS Co., LTD. to Report First Half, 2025 Results on Aug 15, 2025 DEPPON LOGISTICS Co., LTD. announced that they will report first half, 2025 results on Aug 15, 2025 Valuation Update With 7 Day Price Move • Jun 10
Investor sentiment deteriorates as stock falls 23% After last week's 23% share price decline to CN¥17.66, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 13x in the Logistics industry in China. Total returns to shareholders of 34% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥30.73 per share. New Risk • Jun 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 8.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (8.3% average weekly change). Large one-off items impacting financial results. Valuation Update With 7 Day Price Move • May 27
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to CN¥15.63, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 12x in the Logistics industry in China. Total returns to shareholders of 15% over the past three years. Reported Earnings • Apr 25
First quarter 2025 earnings released: CN¥0.07 loss per share (vs CN¥0.09 profit in 1Q 2024) First quarter 2025 results: CN¥0.07 loss per share (down from CN¥0.09 profit in 1Q 2024). Revenue: CN¥10.4b (up 12% from 1Q 2024). Net loss: CN¥68.4m (down 174% from profit in 1Q 2024). Revenue is forecast to grow 11% p.a. on average during the next 2 years, compared to a 8.7% growth forecast for the Logistics industry in China. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Announcement • Apr 25
DEPPON LOGISTICS Co., LTD., Annual General Meeting, May 16, 2025 DEPPON LOGISTICS Co., LTD., Annual General Meeting, May 16, 2025, at 14:30 China Standard Time. Location: No. 316, Xuxiang Road, Xujing Town, Qingpu District, Shanghai China Announcement • Mar 28
DEPPON LOGISTICS Co., LTD. to Report Q1, 2025 Results on Apr 25, 2025 DEPPON LOGISTICS Co., LTD. announced that they will report Q1, 2025 results on Apr 25, 2025 Reported Earnings • Mar 08
Full year 2024 earnings released: EPS: CN¥0.84 (vs CN¥0.74 in FY 2023) Full year 2024 results: EPS: CN¥0.84 (up from CN¥0.74 in FY 2023). Revenue: CN¥40.4b (up 11% from FY 2023). Net income: CN¥860.6m (up 15% from FY 2023). Profit margin: 2.1% (in line with FY 2023). Revenue is forecast to grow 11% p.a. on average during the next 2 years, compared to a 9.7% growth forecast for the Logistics industry in China. Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth. Announcement • Dec 27
DEPPON LOGISTICS Co., LTD. to Report Fiscal Year 2024 Results on Apr 25, 2025 DEPPON LOGISTICS Co., LTD. announced that they will report fiscal year 2024 results on Apr 25, 2025 Major Estimate Revision • Nov 06
Consensus EPS estimates fall by 11% The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from CN¥41.8b to CN¥40.4b. EPS estimate also fell from CN¥1.02 per share to CN¥0.908 per share. Net income forecast to grow 38% next year vs 30% growth forecast for Logistics industry in China. Consensus price target down from CN¥17.17 to CN¥15.88. Share price was steady at CN¥14.33 over the past week. Price Target Changed • Nov 02
Price target decreased by 7.5% to CN¥15.88 Down from CN¥17.17, the current price target is an average from 3 analysts. New target price is 8.0% above last closing price of CN¥14.70. Stock is down 3.2% over the past year. The company is forecast to post earnings per share of CN¥0.93 for next year compared to CN¥0.74 last year. Reported Earnings • Oct 31
Third quarter 2024 earnings released: EPS: CN¥0.18 (vs CN¥0.22 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.18 (down from CN¥0.22 in 3Q 2023). Revenue: CN¥9.85b (up 1.0% from 3Q 2023). Net income: CN¥184.2m (down 19% from 3Q 2023). Profit margin: 1.9% (down from 2.3% in 3Q 2023). Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Logistics industry in China. Over the last 3 years on average, earnings per share has increased by 45% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth. New Risk • Oct 09
New minor risk - Dividend sustainability The company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 0.6% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. 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: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Announcement • Sep 30
DEPPON LOGISTICS Co., LTD. to Report Q3, 2024 Results on Oct 31, 2024 DEPPON LOGISTICS Co., LTD. announced that they will report Q3, 2024 results on Oct 31, 2024 Valuation Update With 7 Day Price Move • Sep 27
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to CN¥14.30, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 12x in the Logistics industry in China. Total returns to shareholders of 32% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥15.58 per share. Buy Or Sell Opportunity • Sep 12
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 12% to CN¥12.24. The fair value is estimated to be CN¥15.41, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.7% over the last 3 years. Earnings per share has grown by 42%. Revenue is forecast to grow by 24% in 2 years. Earnings are forecast to grow by 79% in the next 2 years. Reported Earnings • Aug 16
Second quarter 2024 earnings released: EPS: CN¥0.24 (vs CN¥0.17 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.24 (up from CN¥0.17 in 2Q 2023). Revenue: CN¥9.15b (up 11% from 2Q 2023). Net income: CN¥240.1m (up 41% from 2Q 2023). Profit margin: 2.6% (up from 2.1% in 2Q 2023). Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Logistics industry in China. Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth. Price Target Changed • Jul 12
Price target decreased by 8.7% to CN¥16.87 Down from CN¥18.47, the current price target is an average from 3 analysts. New target price is 28% above last closing price of CN¥13.13. Stock is down 16% over the past year. The company is forecast to post earnings per share of CN¥1.04 for next year compared to CN¥0.74 last year. Announcement • Jun 28
DEPPON LOGISTICS Co., LTD. to Report First Half, 2024 Results on Aug 16, 2024 DEPPON LOGISTICS Co., LTD. announced that they will report first half, 2024 results on Aug 16, 2024 Reported Earnings • Apr 30
First quarter 2024 earnings released: EPS: CN¥0.09 (vs CN¥0.07 in 1Q 2023) First quarter 2024 results: EPS: CN¥0.09 (up from CN¥0.07 in 1Q 2023). Revenue: CN¥9.30b (up 25% from 1Q 2023). Net income: CN¥92.8m (up 28% from 1Q 2023). Profit margin: 1.0% (in line with 1Q 2023). Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Logistics industry in China. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth. Announcement • Apr 29
DEPPON LOGISTICS Co., LTD., Annual General Meeting, Jun 05, 2024 DEPPON LOGISTICS Co., LTD., Annual General Meeting, Jun 05, 2024, at 14:30 China Standard Time. Location: No. 316, Xuxiang Road, Xujing Town, Qingpu District, Shanghai China Announcement • Mar 30
DEPPON LOGISTICS Co., LTD. to Report Q1, 2024 Results on Apr 27, 2024 DEPPON LOGISTICS Co., LTD. announced that they will report Q1, 2024 results on Apr 27, 2024 Reported Earnings • Mar 10
Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behind Full year 2023 results: EPS: CN¥0.73 (up from CN¥0.64 in FY 2022). Revenue: CN¥36.3b (up 16% from FY 2022). Net income: CN¥745.7m (up 15% from FY 2022). Profit margin: 2.1% (in line with FY 2022). Revenue exceeded analyst estimates by 1.7%. Earnings per share (EPS) missed analyst estimates by 9.7%. Revenue is forecast to grow 9.5% p.a. on average during the next 2 years, compared to a 10% growth forecast for the Logistics industry in China. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. Announcement • Dec 30
DEPPON LOGISTICS Co., LTD. to Report Fiscal Year 2023 Results on Apr 27, 2024 DEPPON LOGISTICS Co., LTD. announced that they will report fiscal year 2023 results on Apr 27, 2024 Reported Earnings • Nov 02
Third quarter 2023 earnings released: EPS: CN¥0.22 (vs CN¥0.24 in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.22 (down from CN¥0.24 in 3Q 2022). Revenue: CN¥9.75b (up 22% from 3Q 2022). Net income: CN¥228.5m (down 1.5% from 3Q 2022). Profit margin: 2.3% (down from 2.9% in 3Q 2022). Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Logistics industry in China. Over the last 3 years on average, earnings per share has increased by 17% 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
DEPPON LOGISTICS Co., LTD. to Report Q3, 2023 Results on Oct 31, 2023 DEPPON LOGISTICS Co., LTD. announced that they will report Q3, 2023 results on Oct 31, 2023 Reported Earnings • Aug 17
Second quarter 2023 earnings released: EPS: CN¥0.17 (vs CN¥0.16 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.17. Revenue: CN¥8.28b (up 6.4% from 2Q 2022). Net income: CN¥170.2m (down 2.1% from 2Q 2022). Profit margin: 2.1% (in line with 2Q 2022). Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Logistics industry in China. Board Change • Aug 02
High number of new and inexperienced directors There are 3 new directors who have joined the board in the last 3 years. The company's board is composed of: 3 new directors. No experienced directors. No highly experienced directors. Independent Director Jie Chen is the most experienced director on the board, commencing their role in 2022. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • Jul 03
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥15.42, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 12x in the Logistics industry in China. Total returns to shareholders of 12% over the past three years. Valuation Update With 7 Day Price Move • Jul 03
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥15.42, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 12x in the Logistics industry in China. Total returns to shareholders of 12% over the past three years. Announcement • Jun 28
DEPPON LOGISTICS Co., LTD. to Report First Half, 2023 Results on Aug 17, 2023 DEPPON LOGISTICS Co., LTD. announced that they will report first half, 2023 results on Aug 17, 2023 Reported Earnings • Apr 22
Full year 2022 earnings: EPS in line with expectations, revenues disappoint Full year 2022 results: EPS: CN¥0.64 (up from CN¥0.13 in FY 2021). Revenue: CN¥31.4b (flat on FY 2021). Net income: CN¥648.8m (up 354% from FY 2021). Profit margin: 2.1% (up from 0.5% in FY 2021). Revenue missed analyst estimates by 2.0%. Earnings per share (EPS) were mostly in line with analyst estimates. Revenue is forecast to grow 8.3% p.a. on average during the next 2 years, compared to a 13% growth forecast for the Logistics industry in China. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has increased by 20% per year, which means it is well ahead of earnings. Price Target Changed • Apr 19
Price target decreased by 7.5% to CN¥19.30 Down from CN¥20.87, the current price target is an average from 3 analysts. New target price is 13% above last closing price of CN¥17.15. Stock is up 24% over the past year. The company is forecast to post earnings per share of CN¥1.01 for next year compared to CN¥0.64 last year. Reported Earnings • Feb 14
Third quarter 2022 earnings released: EPS: CN¥0.24 (vs CN¥0.01 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.24 (up from CN¥0.01 in 3Q 2021). Revenue: CN¥8.02b (up 4.5% from 3Q 2021). Net income: CN¥232.0m (up CN¥219.8m from 3Q 2021). Profit margin: 2.9% (up from 0.2% in 3Q 2021). Revenue is forecast to grow 7.9% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Logistics industry in China. Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has increased by 21% per year, which means it is well ahead of earnings. Price Target Changed • Dec 20
Price target increased to CN¥19.40 Up from CN¥17.87, the current price target is an average from 3 analysts. New target price is approximately in line with last closing price of CN¥19.95. Stock is up 98% over the past year. The company is forecast to post earnings per share of CN¥0.69 for next year compared to CN¥0.13 last year. Price Target Changed • Nov 16
Price target increased to CN¥17.87 Up from CN¥15.54, the current price target is an average from 3 analysts. New target price is approximately in line with last closing price of CN¥18.49. Stock is up 83% over the past year. The company is forecast to post earnings per share of CN¥0.68 for next year compared to CN¥0.13 last year. Board Change • Nov 16
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. No highly experienced directors. Director Luis Imaz was the last director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Price Target Changed • Nov 03
Price target increased to CN¥17.87 Up from CN¥15.54, the current price target is an average from 3 analysts. New target price is 7.8% above last closing price of CN¥16.57. Stock is up 48% over the past year. The company is forecast to post earnings per share of CN¥0.68 for next year compared to CN¥0.13 last year. Reported Earnings • Oct 28
Third quarter 2022 earnings released: EPS: CN¥0.28 (vs CN¥0.01 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.28 (up from CN¥0.01 in 3Q 2021). Revenue: CN¥8.02b (up 4.5% from 3Q 2021). Net income: CN¥256.4m (up CN¥244.1m from 3Q 2021). Profit margin: 3.2% (up from 0.2% in 3Q 2021). Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Logistics 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 increased by 10% per year, which means it is well ahead of earnings. Major Estimate Revision • Oct 26
Consensus forecasts updated The consensus outlook for 2022 has been updated. 2022 EPS estimate increased from CN¥0.41 to CN¥0.60. Revenue forecast steady at CN¥34.0b. Net income forecast to grow 239% next year vs 34% growth forecast for Logistics industry in China. Consensus price target up from CN¥15.54 to CN¥16.44. Share price was steady at CN¥17.30 over the past week. Price Target Changed • Oct 14
Price target increased to CN¥15.54 Up from CN¥14.31, the current price target is an average from 3 analysts. New target price is 10% below last closing price of CN¥17.32. Stock is up 56% over the past year. Major Estimate Revision • Jun 18
Consensus EPS estimates fall by 12% The consensus outlook for earnings per share (EPS) in 2022 has deteriorated. 2022 revenue forecast decreased from CN¥35.7b to CN¥34.4b. EPS estimate also fell from CN¥0.47 per share to CN¥0.41 per share. Net income forecast to grow 197% next year vs 27% growth forecast for Logistics industry in China. Consensus price target down from CN¥14.78 to CN¥14.31. Share price was steady at CN¥13.30 over the past week. Price Target Changed • May 20
Price target increased to CN¥14.78 Up from CN¥13.28, the current price target is an average from 5 analysts. New target price is 7.5% above last closing price of CN¥13.74. The company is forecast to post earnings per share of CN¥0.38 for next year compared to CN¥0.13 last year. Reported Earnings • Apr 28
First quarter 2022 earnings: EPS exceeds analyst expectations First quarter 2022 results: CN¥0.08 loss per share (down from CN¥0.01 profit in 1Q 2021). Revenue: CN¥7.02b (down 4.8% from 1Q 2021). Net loss: CN¥79.6m (down CN¥90.4m from profit in 1Q 2021). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates. Over the next year, revenue is forecast to grow 17%, compared to a 27% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has fallen by 21% 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. Major Estimate Revision • Apr 13
Consensus forecasts updated The consensus outlook for 2021 has been updated. 2021 EPS estimate fell from CN¥0.27 to CN¥0.04 per share. Revenue forecast steady at CN¥31.6b. Net income forecast to grow 7.4% next year vs 40% growth forecast for Logistics industry in China. Consensus price target broadly unchanged at CN¥13.28. Share price fell 6.8% to CN¥14.22 over the past week. Valuation Update With 7 Day Price Move • Apr 01
Investor sentiment deteriorated over the past week After last week's 21% share price decline to CN¥16.00, the stock trades at a forward P/E ratio of 36x. Average forward P/E is 19x in the Logistics industry in China. Total loss to shareholders of 17% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥23.10 per share. Price Target Changed • Mar 29
Price target increased to CN¥13.08 Up from CN¥11.91, the current price target is an average from 5 analysts. New target price is 21% below last closing price of CN¥16.62. The company is forecast to post earnings per share of CN¥0.27 for next year compared to CN¥0.59 last year. Buying Opportunity • Mar 22
Now 26% undervalued Over the last 90 days, the stock is up 73%. The fair value is estimated to be CN¥23.69, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 11% per annum over the last 3 years. Earnings per share has declined by 11% per annum over the last 3 years. Valuation Update With 7 Day Price Move • Mar 18
Investor sentiment improved over the past week After last week's 40% share price gain to CN¥17.70, the stock trades at a forward P/E ratio of 40x. Average forward P/E is 18x in the Logistics industry in China. Total loss to shareholders of 1.0% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥23.51 per share. Valuation Update With 7 Day Price Move • Feb 25
Investor sentiment improved over the past week After last week's 16% share price gain to CN¥12.66, the stock trades at a forward P/E ratio of 29x. Average forward P/E is 23x in the Logistics industry in China. Total loss to shareholders of 28% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥22.10 per share. Reported Earnings • Nov 01
Third quarter 2021 earnings released: EPS CN¥0.01 (vs CN¥0.15 in 3Q 2020) The company reported a soft third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: CN¥7.67b (up 4.6% from 3Q 2020). Net income: CN¥12.2m (down 91% from 3Q 2020). Profit margin: 0.2% (down from 1.9% in 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has fallen by 17% per year, which means it is performing significantly worse than earnings. Price Target Changed • Aug 30
Price target decreased to CN¥12.60 Down from CN¥13.98, the current price target is an average from 5 analysts. New target price is 29% above last closing price of CN¥9.80. Stock is down 44% over the past year. Reported Earnings • Aug 27
Second quarter 2021 earnings released: EPS CN¥0.01 (vs CN¥0.24 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¥7.52b (up 5.9% from 2Q 2020). Net income: CN¥4.88m (down 98% from 2Q 2020). Profit margin: 0.1% (down from 3.5% in 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has fallen by 24% per year, which means it is performing significantly worse than earnings. Major Estimate Revision • May 14
Consensus EPS estimates fall to CN¥0.58 The consensus outlook for earnings per share (EPS) in 2021 has deteriorated. 2021 revenue forecast decreased from CN¥33.5b to CN¥32.9b. EPS estimate also fell from CN¥0.69 to CN¥0.58. Net income forecast to shrink 6.0% next year vs 21% growth forecast for Logistics industry in China . Consensus price target broadly unchanged at CN¥13.98. Share price fell 2.8% to CN¥11.64 over the past week. Announcement • May 07
DEPPON LOGISTICS Co., LTD. (SHSE:603056) announces an Equity Buyback for CNY 150 million worth of its shares. DEPPON LOGISTICS Co.,LTD. (SHSE:603056) announces a share repurchase program. Under the program, the company will repurchase up to CNY 120 million worth of its shares. The plan will be valid for 12 months from the approval of the Board of Directors. Reported Earnings • Apr 28
First quarter 2021 earnings released: EPS CN¥0.01 (vs CN¥0.10 loss in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: CN¥7.37b (up 63% from 1Q 2020). Net income: CN¥10.8m (up CN¥103.2m from 1Q 2020). Profit margin: 0.1% (up from net loss in 1Q 2020). The move to profitability was driven by higher revenue. 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 23% per year. Valuation Update With 7 Day Price Move • Mar 02
Investor sentiment deteriorated over the past week After last week's 16% share price decline to CN¥13.70, the stock is trading at a trailing P/E ratio of 26.2x, down from the previous P/E ratio of 31.1x. This compares to an average P/E of 29x in the Logistics industry in China. Total return to shareholders over the past three years is a loss of 38%. Is New 90 Day High Low • Feb 23
New 90-day high: CN¥16.05 The company is up 20% from its price of CN¥13.41 on 25 November 2020. The Chinese market is up 7.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Logistics industry, which is up 22% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥5.74 per share. Announcement • Jan 26
DEPPON LOGISTICS Co., LTD. announced that it expects to receive CNY 614 million in funding from YUNDA Holding Co., Ltd. DEPPON LOGISTICS Co., LTD. (SHSE:603056) announced a private placement of common shares for gross proceeds of CNY 614,000,000 on January 25, 2021. The transaction will include participation from YUNDA Holding Co., Ltd. (SZSE:002120). The company has signed a strategic agreement with the investor. Valuation Update With 7 Day Price Move • Jan 20
Investor sentiment improved over the past week After last week's 20% share price gain to CN¥14.56, the stock is trading at a trailing P/E ratio of 27.8x, up from the previous P/E ratio of 23.3x. This compares to an average P/E of 28x in the Logistics industry in China. Total returns to shareholders over the past three years are 21%. Is New 90 Day High Low • Dec 11
New 90-day low: CN¥13.23 The company is down 17% from its price of CN¥15.85 on 11 September 2020. The Chinese market is up 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Logistics industry, which is down 3.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥5.36 per share. Is New 90 Day High Low • Nov 17
New 90-day low: CN¥13.60 The company is down 15% from its price of CN¥15.95 on 19 August 2020. The Chinese market is down 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Logistics industry, which is up 2.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥4.61 per share. Major Estimate Revision • Nov 04
Analysts update estimates The 2020 consensus earning per share (EPS) estimate increased from CN¥0.46 to CN¥0.51. No change was made to the revenue estimate which at the last update was CN¥28.4b. Net income is expected to grow by 11% next year compared to 25% growth forecast for the Logistics industry in China. The consensus price target increased from CN¥14.15 to CN¥15.35. Share price is down by 13% to CN¥14.51 over the past week. Price Target Changed • Nov 01
Price target raised to CN¥15.68 Up from CN¥14.15, the current price target is an average from 6 analysts. The new target price is 10% above the current share price of CN¥14.25. As of last close, the stock is up 16% over the past year. Reported Earnings • Oct 29
Third quarter earnings released Over the last 12 months the company has reported total profits of CN¥508.6m, up 44% from the prior year. Total revenue was CN¥26.4b over the last 12 months, up 3.9% from the prior year. Analyst Estimate Surprise Post Earnings • Oct 29
Annual earnings released: Earnings beat expectations Earnings per share (EPS) surpassed analyst estimates by 150% at CN¥0.15. Revenue is forecast to grow 18% over the next year, compared to a 23% growth forecast for the Logistics industry in China. Major Estimate Revision • Oct 12
Analysts update estimates The 2020 consensus earning per share (EPS) estimate was lowered from CN¥0.52 to CN¥0.46. Revenue estimate was approximately flat at CN¥28.3b. Net income is expected to grow by 41% next year compared to 28% growth forecast for the Logistics industry in China. The consensus price target increased from CN¥14.02 to CN¥14.15. Share price is up 6.8% to CN¥15.93 over the past week. Announcement • Jul 09
DEPPON LOGISTICS Co., LTD. to Report First Half, 2020 Results on Aug 25, 2020 DEPPON LOGISTICS Co., LTD. announced that they will report first half, 2020 results on Aug 25, 2020