Announcement • Jun 30
HPF Co.,Ltd to Report First Half, 2026 Results on Aug 28, 2026 HPF Co.,Ltd announced that they will report first half, 2026 results on Aug 28, 2026 New Risk • Apr 28
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -CN¥282m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CN¥282m free cash flow). Earnings have declined by 24% per year over the past 5 years. Reported Earnings • Apr 27
Full year 2025 earnings released: CN¥0.06 loss per share (vs CN¥0.03 profit in FY 2024) Full year 2025 results: CN¥0.06 loss per share (down from CN¥0.03 profit in FY 2024). Revenue: CN¥459.8m (up 38% from FY 2024). Net loss: CN¥36.0m (down 310% from profit in FY 2024). Over the last 3 years on average, earnings per share has increased by 5% per year whereas the company’s share price has increased by 6% per year. Announcement • Apr 27
HPF Co.,Ltd, Annual General Meeting, May 19, 2026 HPF Co.,Ltd, Annual General Meeting, May 19, 2026, at 14:00 China Standard Time. Location: Building T2, South Area, No. 5001, Huanggang Road, Lianhua Yicun Community, Huafu Subdistrict, Futian District, Shenzhen, Guangdong China Announcement • Mar 31
HPF Co.,Ltd to Report Q1, 2026 Results on Apr 27, 2026 HPF Co.,Ltd announced that they will report Q1, 2026 results on Apr 27, 2026 Announcement • Dec 31
HPF Co.,Ltd to Report Fiscal Year 2025 Results on Apr 27, 2026 HPF Co.,Ltd announced that they will report fiscal year 2025 results on Apr 27, 2026 Reported Earnings • Oct 29
Third quarter 2025 earnings released: EPS: CN¥0.005 (vs CN¥0.002 loss in 3Q 2024) Third quarter 2025 results: EPS: CN¥0.005 (up from CN¥0.002 loss in 3Q 2024). Revenue: CN¥119.4m (up 25% from 3Q 2024). Net income: CN¥2.96m (up CN¥3.92m from 3Q 2024). Profit margin: 2.5% (up from net loss in 3Q 2024). Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth. Board Change • Oct 01
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. 7 experienced directors. 2 highly experienced directors. CFO & Non-Independent Director Lihua Xu was the last director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Announcement • Sep 30
HPF Co.,Ltd to Report Q3, 2025 Results on Oct 29, 2025 HPF Co.,Ltd announced that they will report Q3, 2025 results on Oct 29, 2025 Announcement • Jul 02
HPF Co.,Ltd to Report First Half, 2025 Results on Aug 27, 2025 HPF Co.,Ltd announced that they will report first half, 2025 results on Aug 27, 2025 Announcement • Apr 29
HPF Co.,Ltd, Annual General Meeting, May 20, 2025 HPF Co.,Ltd, Annual General Meeting, May 20, 2025, at 14:00 China Standard Time. New Risk • Apr 15
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 9.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company. Announcement • Mar 31
HPF Co.,Ltd to Report Q1, 2025 Results on Apr 29, 2025 HPF Co.,Ltd announced that they will report Q1, 2025 results on Apr 29, 2025 Announcement • Dec 31
HPF Co.,Ltd to Report Fiscal Year 2024 Results on Apr 29, 2025 HPF Co.,Ltd announced that they will report fiscal year 2024 results on Apr 29, 2025 Reported Earnings • Oct 30
Third quarter 2024 earnings released: CN¥0.002 loss per share (vs CN¥0.34 profit in 3Q 2023) Third quarter 2024 results: CN¥0.002 loss per share (down from CN¥0.34 profit in 3Q 2023). Revenue: CN¥95.6m (down 14% from 3Q 2023). Net loss: CN¥956.9k (down 101% from profit in 3Q 2023). Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings. Announcement • Sep 30
HPF Co.,Ltd to Report Q3, 2024 Results on Oct 30, 2024 HPF 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 28% After last week's 28% share price gain to CN¥5.56, the stock trades at a trailing P/E ratio of 23.1x. Average trailing P/E is 19x in the Logistics industry in China. Total loss to shareholders of 40% over the past three years. Reported Earnings • Aug 29
Second quarter 2024 earnings released: CN¥0.03 loss per share (vs CN¥0.017 loss in 2Q 2023) Second quarter 2024 results: CN¥0.03 loss per share (further deteriorated from CN¥0.017 loss in 2Q 2023). Revenue: CN¥95.8m (down 3.7% from 2Q 2023). Net loss: CN¥18.2m (loss widened 54% from 2Q 2023). Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 25% per year, which means it is significantly lagging earnings. Announcement • Jun 29
HPF Co.,Ltd to Report First Half, 2024 Results on Aug 29, 2024 HPF Co.,Ltd announced that they will report first half, 2024 results on Aug 29, 2024 Valuation Update With 7 Day Price Move • Apr 25
Investor sentiment improves as stock rises 29% After last week's 29% share price gain to CN¥5.84, the stock trades at a trailing P/E ratio of 33.2x. Average trailing P/E is 20x in the Logistics industry in China. Total loss to shareholders of 21% over the past three years. Reported Earnings • Apr 24
Full year 2023 earnings released: EPS: CN¥0.18 (vs CN¥0.12 loss in FY 2022) Full year 2023 results: EPS: CN¥0.18 (up from CN¥0.12 loss in FY 2022). Revenue: CN¥362.0m (down 30% from FY 2022). Net income: CN¥98.8m (up CN¥166.6m from FY 2022). Profit margin: 27% (up from net loss in FY 2022). The move to profitability was driven by lower expenses. 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 9% per year, which means it has not declined as severely as earnings. Announcement • Apr 23
HPF Co.,Ltd, Annual General Meeting, May 15, 2024 HPF Co.,Ltd, Annual General Meeting, May 15, 2024, at 14:00 China Standard Time. Location: Building T2, South Area, No. 5001, Huanggang Road, Lianhua Yicun Community, Huafu Subdistrict, Futian District, Shenzhen, Guangdong China Valuation Update With 7 Day Price Move • Apr 15
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to CN¥4.64, the stock trades at a trailing P/E ratio of 39.4x. Average trailing P/E is 20x in the Logistics industry in China. Negligible returns to shareholders over past three years. Announcement • Mar 30
HPF Co.,Ltd to Report Q1, 2024 Results on Apr 29, 2024 HPF Co.,Ltd announced that they will report Q1, 2024 results on Apr 29, 2024 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¥4.70, the stock trades at a trailing P/E ratio of 39.9x. Average trailing P/E is 21x in the Logistics industry in China. Total returns to shareholders of 3.3% over the past three years. New Risk • Jan 29
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 8.0% 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 (8.0% average weekly change). High level of non-cash earnings (22% accrual ratio). Announcement • Dec 30
HPF Co.,Ltd to Report Fiscal Year 2023 Results on Apr 23, 2024 HPF Co.,Ltd announced that they will report fiscal year 2023 results on Apr 23, 2024 Valuation Update With 7 Day Price Move • Nov 03
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to CN¥5.20, the stock trades at a trailing P/E ratio of 44.1x. Average trailing P/E is 21x in the Logistics industry in China. Total loss to shareholders of 30% over the past three years. Reported Earnings • Nov 01
Third quarter 2023 earnings released: EPS: CN¥0.34 (vs CN¥0.011 in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.34 (up from CN¥0.011 in 3Q 2022). Revenue: CN¥110.5m (down 29% from 3Q 2022). Net income: CN¥135.2m (up CN¥127.2m from 3Q 2022). Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings. New Risk • Oct 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 8.2% 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. This is currently the only risk that has been identified for the company. Reported Earnings • Aug 29
Second quarter 2023 earnings released: CN¥0.017 loss per share (vs CN¥0.046 loss in 2Q 2022) Second quarter 2023 results: CN¥0.017 loss per share (improved from CN¥0.046 loss in 2Q 2022). Revenue: CN¥99.5m (down 1.0% from 2Q 2022). Net loss: CN¥11.8m (loss narrowed 42% from 2Q 2022). Over the last 3 years on average, earnings per share has increased by 61% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings. Reported Earnings • Apr 26
First quarter 2023 earnings released: CN¥0.002 loss per share (vs CN¥0.002 profit in 1Q 2022) First quarter 2023 results: CN¥0.002 loss per share (down from CN¥0.002 profit in 1Q 2022). Revenue: CN¥96.7m (up 18% from 1Q 2022). Net loss: CN¥1.02m (down 226% from profit in 1Q 2022). Over the last 3 years on average, earnings per share has increased by 79% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth. Reported Earnings • Oct 27
Third quarter 2022 earnings released: EPS: CN¥0.011 (vs CN¥0.004 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.011 (up from CN¥0.004 in 3Q 2021). Revenue: CN¥155.6m (up 12% from 3Q 2021). Net income: CN¥8.04m (up 256% from 3Q 2021). Profit margin: 5.2% (up from 1.6% in 3Q 2021). Over the last 3 years on average, earnings per share has increased by 90% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Announcement • Sep 20
HPF Co.,Ltd Announces Board Changes HPF Co.,Ltd at its 5th Extraordinary General Meeting of 2022 approved to elect Zhang Qian and Xu Lihua as non-independent directors. The company also elected Gong Kaisong as independent director. Reported Earnings • Aug 29
Second quarter 2022 earnings released: CN¥0.046 loss per share (vs CN¥0.027 loss in 2Q 2021) Second quarter 2022 results: CN¥0.046 loss per share (down from CN¥0.027 loss in 2Q 2021). Revenue: CN¥100.4m (up 3.8% from 2Q 2021). Net loss: CN¥20.5m (loss widened 57% from 2Q 2021). Over the last 3 years on average, earnings per share has increased by 88% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. Reported Earnings • Apr 29
First quarter 2022 earnings: EPS and revenues miss analyst expectations First quarter 2022 results: EPS: CN¥0.002 (down from CN¥0.20 in 1Q 2021). Revenue: CN¥82.3m (up 36% from 1Q 2021). Net income: CN¥815.4k (down 99% from 1Q 2021). Profit margin: 1.0% (down from 159% in 1Q 2021). The decrease in margin was primarily driven by lower expenses. Revenue missed analyst estimates by 1.1%. Earnings per share (EPS) also missed analyst estimates by 63%. Over the last 3 years on average, earnings per share has increased by 83% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Apr 13
Investor sentiment improved over the past week After last week's 20% share price gain to CN¥7.86, the stock trades at a trailing P/E ratio of 33.4x. Average trailing P/E is 25x in the Logistics industry in China. Total loss to shareholders of 2.7% over the past three years. Reported Earnings • Oct 28
Third quarter 2021 earnings released: EPS CN¥0.004 (vs CN¥0.04 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¥139.1m (up 6.9% from 3Q 2020). Net income: CN¥2.26m (down 89% from 3Q 2020). Profit margin: 1.6% (down from 16% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 53% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Sep 03
Investor sentiment improved over the past week After last week's 24% share price gain to CN¥10.28, the stock trades at a trailing P/E ratio of 32.8x. Average trailing P/E is 25x in the Logistics industry in China. Total returns to shareholders of 67% over the past three years. Reported Earnings • Aug 29
Second quarter 2021 earnings released: CN¥0.026 loss per share (vs CN¥0.027 loss in 2Q 2020) The company reported a soft second quarter result with weaker revenues and control over costs, although losses reduced. Second quarter 2021 results: Revenue: CN¥96.8m (down 36% from 2Q 2020). Net loss: CN¥13.1m (loss narrowed 25% from 2Q 2020). Over the last 3 years on average, earnings per share has increased by 23% per year whereas the company’s share price has increased by 18% per year. Valuation Update With 7 Day Price Move • Aug 12
Investor sentiment improved over the past week After last week's 17% share price gain to CN¥9.46, the stock trades at a trailing P/E ratio of 30.2x. Average trailing P/E is 22x in the Logistics industry in China. Total returns to shareholders of 74% over the past three years. Valuation Update With 7 Day Price Move • Jul 29
Investor sentiment deteriorated over the past week After last week's 35% share price decline to CN¥9.26, the stock trades at a trailing P/E ratio of 29.6x. Average trailing P/E is 23x in the Logistics industry in China. Total returns to shareholders of 68% over the past three years. Valuation Update With 7 Day Price Move • Jul 14
Investor sentiment improved over the past week After last week's 22% share price gain to CN¥16.07, the stock trades at a trailing P/E ratio of 51.3x. Average trailing P/E is 25x in the Logistics industry in China. Total returns to shareholders of 152% over the past three years. Valuation Update With 7 Day Price Move • Jun 18
Investor sentiment improved over the past week After last week's 20% share price gain to CN¥8.74, the stock trades at a trailing P/E ratio of 27.9x. Average trailing P/E is 24x in the Logistics industry in China. Total returns to shareholders of 132% over the past year. Valuation Update With 7 Day Price Move • May 05
Investor sentiment improved over the past week After last week's 18% share price gain to CN¥6.90, the stock trades at a trailing P/E ratio of 62.7x. Average trailing P/E is 24x in the Logistics industry in China. Total loss to shareholders of 14% over the past three years. Reported Earnings • Apr 28
First quarter 2021 earnings released: EPS CN¥0.20 (vs CN¥0.002 in 1Q 2020) First quarter 2021 results: Revenue: CN¥60.5m (down 32% from 1Q 2020). Net income: CN¥96.1m (up CN¥95.3m from 1Q 2020). 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. Is New 90 Day High Low • Feb 08
New 90-day low: CN¥3.85 The company is down 47% from its price of CN¥7.25 on 10 November 2020. The Chinese market is up 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Logistics industry, which is up 12% over the same period. Is New 90 Day High Low • Dec 28
New 90-day low: CN¥5.02 The company is down 2.0% from its price of CN¥5.10 on 29 September 2020. The Chinese market is up 6.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Logistics industry, which is flat over the same period. Is New 90 Day High Low • Nov 09
New 90-day high: CN¥7.90 The company is up 95% from its price of CN¥4.06 on 11 August 2020. The Chinese market is down 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Logistics industry, which is up 8.0% over the same period. Reported Earnings • Oct 29
Third quarter earnings released Over the last 12 months the company has reported total losses of CN¥545.0m, with losses narrowing by 16% from the prior year. Total revenue was CN¥478.8m over the last 12 months, down 34% from the prior year. Announcement • Aug 13
HPF Co.,Ltd to Report First Half, 2020 Results on Aug 28, 2020 HPF Co.,Ltd announced that they will report first half, 2020 results on Aug 28, 2020 Announcement • Jul 21
HPF Co.,Ltd announced that it expects to receive CNY 400 million in funding HPF Co.,Ltd (SZSE:300350) announced a private placement of up to 143,017,329 shares for the gross proceeds of up to CNY 400 million on July 15, 2020. The transaction will include participation from up to 35 subscribers. The shares will be issued at a price not lower than 80% of the median market price of the company’s shares as of 20 previous days to issuance date. The shares issued in the transaction shall not be transferred within 6 months from the date of the end of this issue. The transaction has been approved by company’s seventh meeting of the fourth board of directors. The transaction is still subject to approval of company’s shareholders’ meeting, Shenzhen Stock Exchange and the China Securities Regulatory Commission.