Announcement • Jul 01
Delong Composite Energy Group Co., Ltd. to Report First Half, 2026 Results on Aug 22, 2026 Delong Composite Energy Group Co., Ltd. announced that they will report first half, 2026 results on Aug 22, 2026 Reported Earnings • Apr 25
First quarter 2026 earnings released: EPS: CN¥0.041 (vs CN¥0.009 in 1Q 2025) First quarter 2026 results: EPS: CN¥0.041 (up from CN¥0.009 in 1Q 2025). Revenue: CN¥354.0m (down 18% from 1Q 2025). Net income: CN¥14.7m (up 338% from 1Q 2025). Profit margin: 4.1% (up from 0.8% in 1Q 2025). Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has increased by 46% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Apr 25
Delong Composite Energy Group Co., Ltd., Annual General Meeting, May 20, 2026 Delong Composite Energy Group Co., Ltd., Annual General Meeting, May 20, 2026, at 14:30 China Standard Time. Location: 10F, No. 55, Jianshe Road, Chengdu, Sichuan China Announcement • Mar 31
Delong Composite Energy Group Co., Ltd. to Report Q1, 2026 Results on Apr 25, 2026 Delong Composite Energy Group Co., Ltd. announced that they will report Q1, 2026 results on Apr 25, 2026 Announcement • Dec 31
Delong Composite Energy Group Co., Ltd. to Report Fiscal Year 2025 Results on Apr 25, 2026 Delong Composite Energy Group Co., Ltd. announced that they will report fiscal year 2025 results on Apr 25, 2026 New Risk • Nov 04
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 7.7% 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 Debt is not well covered by operating cash flow (10% operating cash flow to total debt). Minor Risks Share price has been volatile over the past 3 months (7.7% average weekly change). Large one-off items impacting financial results. Reported Earnings • Oct 31
Third quarter 2025 earnings released: EPS: CN¥0 (vs CN¥0.032 in 3Q 2024) Third quarter 2025 results: EPS: CN¥0 (down from CN¥0.032 in 3Q 2024). Revenue: CN¥409.8m (down 4.3% from 3Q 2024). Net income: CN¥70.2k (down 99% from 3Q 2024). Profit margin: 0% (down from 2.7% in 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 31% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings. Announcement • Sep 30
Delong Composite Energy Group Co., Ltd. to Report Q3, 2025 Results on Oct 31, 2025 Delong Composite Energy Group Co., Ltd. announced that they will report Q3, 2025 results on Oct 31, 2025 New Risk • Aug 25
New minor risk - Financial position The company has a high level of debt. Net debt to equity ratio: 41% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Minor Risks High level of debt (41% net debt to equity). Large one-off items impacting financial results. Reported Earnings • Aug 19
Second quarter 2025 earnings released: EPS: CN¥0.064 (vs CN¥0.048 in 2Q 2024) Second quarter 2025 results: EPS: CN¥0.064 (up from CN¥0.048 in 2Q 2024). Revenue: CN¥459.7m (up 8.6% from 2Q 2024). Net income: CN¥21.4m (up 26% from 2Q 2024). Profit margin: 4.6% (up from 4.0% in 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 51% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings. Announcement • Jul 02
Delong Composite Energy Group Co., Ltd. to Report First Half, 2025 Results on Aug 16, 2025 Delong Composite Energy Group Co., Ltd. announced that they will report first half, 2025 results on Aug 16, 2025 Announcement • Jul 01
Delong Composite Energy Group Co., Ltd. Approves Board Elections Delong Composite Energy Group Co., Ltd. announced at the EGM held on June 27, 2025, approved by-election of Guo Xiaopeng and Zhang Fu as non-independent director. Reported Earnings • Apr 26
Full year 2024 earnings released: EPS: CN¥0.053 (vs CN¥0.67 loss in FY 2023) Full year 2024 results: EPS: CN¥0.053 (up from CN¥0.67 loss in FY 2023). Revenue: CN¥1.74b (up 8.5% from FY 2023). Net income: CN¥19.0m (up CN¥260.4m from FY 2023). Profit margin: 1.1% (up from net loss in FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 90 percentage points per year, which is a significant difference in performance. Announcement • Apr 26
Delong Composite Energy Group Co., Ltd., Annual General Meeting, May 20, 2025 Delong Composite Energy Group Co., Ltd., Annual General Meeting, May 20, 2025, at 15:00 China Standard Time. Location: 10F, No. 55, Jianshe Road, Chengdu, Sichuan China Announcement • Mar 31
Delong Composite Energy Group Co., Ltd. to Report Q1, 2025 Results on Apr 26, 2025 Delong Composite Energy Group Co., Ltd. announced that they will report Q1, 2025 results on Apr 26, 2025 Announcement • Dec 31
Delong Composite Energy Group Co., Ltd. to Report Fiscal Year 2024 Results on Apr 26, 2025 Delong Composite Energy Group Co., Ltd. announced that they will report fiscal year 2024 results on Apr 26, 2025 Reported Earnings • Oct 26
Third quarter 2024 earnings released: EPS: CN¥0.032 (vs CN¥0.061 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.032 (down from CN¥0.061 in 3Q 2023). Revenue: CN¥428.0m (up 13% from 3Q 2023). Net income: CN¥11.4m (down 48% from 3Q 2023). Profit margin: 2.7% (down from 5.7% in 3Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 104 percentage points per year, which is a significant difference in performance. Announcement • Sep 30
Delong Composite Energy Group Co., Ltd. to Report Q3, 2024 Results on Oct 26, 2024 Delong Composite Energy Group Co., Ltd. announced that they will report Q3, 2024 results on Oct 26, 2024 New Risk • Aug 29
New major risk - Revenue and earnings growth Earnings have declined by 16% 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. This is currently the only risk that has been identified for the company. Announcement • Jun 29
Delong Composite Energy Group Co., Ltd. to Report First Half, 2024 Results on Aug 29, 2024 Delong Composite Energy Group Co., Ltd. announced that they will report first half, 2024 results on Aug 29, 2024 Announcement • Apr 29
Delong Composite Energy Group Co., Ltd., Annual General Meeting, May 20, 2024 Delong Composite Energy Group Co., Ltd., Annual General Meeting, May 20, 2024, at 14:30 China Standard Time. Location: 10F, No. 55, Jianshe Road, Chengdu, Sichuan China Valuation Update With 7 Day Price Move • Apr 16
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to CN¥4.71, the stock trades at a trailing P/E ratio of 23.9x. Average trailing P/E is 17x in the Gas Utilities industry in China. Total loss to shareholders of 2.7% over the past three years. Announcement • Mar 30
Delong Composite Energy Group Co., Ltd. to Report Q1, 2024 Results on Apr 27, 2024 Delong Composite Energy Group Co., Ltd. announced that they will report Q1, 2024 results on Apr 27, 2024 Valuation Update With 7 Day Price Move • Feb 22
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to CN¥5.00, the stock trades at a trailing P/E ratio of 25.3x. Average trailing P/E is 16x in the Gas Utilities industry in China. Total returns to shareholders of 9.9% over the past three years. Valuation Update With 7 Day Price Move • Feb 01
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to CN¥5.60, the stock trades at a trailing P/E ratio of 28.4x. Average trailing P/E is 17x in the Gas Utilities industry in China. Total returns to shareholders of 29% over the past three years. Announcement • Dec 29
Delong Composite Energy Group Co., Ltd. to Report Fiscal Year 2023 Results on Apr 27, 2024 Delong Composite Energy Group Co., Ltd. announced that they will report fiscal year 2023 results on Apr 27, 2024 Board Change • Dec 02
High number of new directors There are 6 new directors who have joined the board in the last 3 years. Non-Independent Director Qi Zhang was the last director to join the board, commencing their role in 2023. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Announcement • Nov 29
Delong Composite Energy Group Co., Ltd. Announces Executive Appointments Delong Composite Energy Group Co., Ltd. at the Extraordinary General Meeting held on 24 November 2023 approved election of non-independent directors, cumulative voting system applicable: Zhang Jixing, Lv Tao and Zhang Qi; Election of independent directors, cumulative voting system applicable: Chi Guojing and Luo Nan; Election of supervisors, cumulative voting system applicable: Du Yong. New Risk • Nov 09
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 6.3% 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 High level of debt (41% net debt to equity). Share price has been volatile over the past 3 months (6.3% average weekly change). Reported Earnings • Nov 02
Third quarter 2023 earnings released: EPS: CN¥0.061 (vs CN¥0.042 in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.061 (up from CN¥0.042 in 3Q 2022). Revenue: CN¥377.6m (up 13% from 3Q 2022). Net income: CN¥21.7m (up 42% from 3Q 2022). Profit margin: 5.7% (up from 4.6% in 3Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 15% per year whereas the company’s share price has increased by 14% per year. Announcement • Sep 30
Delong Composite Energy Group Co., Ltd. to Report Q3, 2023 Results on Oct 31, 2023 Delong Composite Energy Group Co., Ltd. announced that they will report Q3, 2023 results on Oct 31, 2023 Reported Earnings • Aug 18
Second quarter 2023 earnings released: EPS: CN¥0.082 (vs CN¥0.043 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.082 (up from CN¥0.043 in 2Q 2022). Revenue: CN¥396.4m (up 12% from 2Q 2022). Net income: CN¥30.8m (up 91% from 2Q 2022). Profit margin: 7.8% (up from 4.6% in 2Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 14% per year whereas the company’s share price has increased by 10% per year. Announcement • Jul 01
Delong Composite Energy Group Co., Ltd. to Report First Half, 2023 Results on Aug 18, 2023 Delong Composite Energy Group Co., Ltd. announced that they will report first half, 2023 results on Aug 18, 2023 Reported Earnings • Apr 28
First quarter 2023 earnings released: EPS: CN¥0.011 (vs CN¥0.007 in 1Q 2022) First quarter 2023 results: EPS: CN¥0.011 (up from CN¥0.007 in 1Q 2022). Revenue: CN¥385.1m (up 6.3% from 1Q 2022). Net income: CN¥3.77m (up 60% from 1Q 2022). Profit margin: 1.0% (up from 0.7% in 1Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 16% per year whereas the company’s share price has increased by 12% per year. Board Change • Nov 16
High number of new and inexperienced directors There are 7 new directors who have joined the board in the last 3 years. The company's board is composed of: 7 new directors. 4 experienced directors. No highly experienced directors. Independent Director Bo Yang is the most experienced director on the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Reported Earnings • Oct 27
Third quarter 2022 earnings released: EPS: CN¥0.042 (vs CN¥0.062 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.042 (down from CN¥0.062 in 3Q 2021). Revenue: CN¥334.9m (down 9.2% from 3Q 2021). Net income: CN¥15.3m (down 31% from 3Q 2021). Profit margin: 4.6% (down from 6.0% in 3Q 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 66% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Oct 19
Investor sentiment deteriorated over the past week After last week's 18% share price decline to CN¥8.78, the stock trades at a trailing P/E ratio of 60.7x. Average trailing P/E is 18x in the Gas Utilities industry in China. Total returns to shareholders of 39% over the past three years. Valuation Update With 7 Day Price Move • Sep 23
Investor sentiment improved over the past week After last week's 19% share price gain to CN¥9.55, the stock trades at a trailing P/E ratio of 66x. Average trailing P/E is 19x in the Gas Utilities industry in China. Total returns to shareholders of 55% over the past three years. Valuation Update With 7 Day Price Move • Sep 05
Investor sentiment deteriorated over the past week After last week's 27% share price decline to CN¥8.80, the stock trades at a trailing P/E ratio of 60.8x. Average trailing P/E is 19x in the Gas Utilities industry in China. Total returns to shareholders of 36% over the past three years. Valuation Update With 7 Day Price Move • Aug 22
Investor sentiment improved over the past week After last week's 20% share price gain to CN¥7.74, the stock trades at a trailing P/E ratio of 53.5x. Average trailing P/E is 21x in the Gas Utilities industry in China. Total returns to shareholders of 26% over the past three years. Board Change • Aug 18
High number of new and inexperienced directors There are 7 new directors who have joined the board in the last 3 years. The company's board is composed of: 7 new directors. 4 experienced directors. No highly experienced directors. Independent Director Bo Yang is the most experienced director on the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Reported Earnings • Aug 12
Second quarter 2022 earnings released: EPS: CN¥0.043 (vs CN¥0.065 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.043 (down from CN¥0.065 in 2Q 2021). Revenue: CN¥353.7m (up 1.7% from 2Q 2021). Net income: CN¥16.2m (down 3.1% from 2Q 2021). Profit margin: 4.6% (down from 4.8% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 93% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. Reported Earnings • May 02
First quarter 2022 earnings released: EPS: CN¥0.007 (vs CN¥0.001 in 1Q 2021) First quarter 2022 results: EPS: CN¥0.007 (up from CN¥0.001 in 1Q 2021). Revenue: CN¥362.4m (flat on 1Q 2021). Net income: CN¥2.36m (up 416% from 1Q 2021). Profit margin: 0.7% (up from 0.1% in 1Q 2021). Over the last 3 years on average, earnings per share has increased by 106% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings. Board Change • Apr 27
High number of new and inexperienced directors There are 8 new directors who have joined the board in the last 3 years. The company's board is composed of: 8 new directors. 4 experienced directors. No highly experienced directors. Independent Director Bo Yang is the most experienced director on the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Announcement • Apr 16
Delong Composite Energy Group Co., Ltd., Annual General Meeting, May 06, 2022 Delong Composite Energy Group Co., Ltd., Annual General Meeting, May 06, 2022, at 14:30 China Standard Time. Agenda: To consider 2021 work report of the board of directors;to consider 2021 work report of the supervisory committee;to consider 2021 annual accounts;to consider 2021 profit distribution plan;to consider 2021 annual report and its summary;to consider Reappointment of audit firm;to consider Confirmation of 2021 continuing connected transactions and 2022 estimated continuing connected transactions;to consider 2022 estimated guarantee quota;to consider Amendments to the Company's articles of association;to consider Amendments to the rules of procedure governing the shareholders' general meetings;and to consider Amendments to the Company's rules of procedure governing the board meetings. Reported Earnings • Apr 16
Full year 2021 earnings released: EPS: CN¥0.14 (vs CN¥0.097 in FY 2020) Full year 2021 results: EPS: CN¥0.14 (up from CN¥0.097 in FY 2020). Revenue: CN¥1.51b (up 18% from FY 2020). Net income: CN¥50.5m (up 45% from FY 2020). Profit margin: 3.3% (up from 2.7% in FY 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 109% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Dec 27
Investor sentiment improved over the past week After last week's 16% share price gain to CN¥6.65, the stock trades at a trailing P/E ratio of 43.8x. Average trailing P/E is 19x in the Gas Utilities industry in China. Total returns to shareholders of 3.1% over the past three years. Reported Earnings • Oct 25
Third quarter 2021 earnings released: EPS CN¥0.062 (vs CN¥0.035 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: CN¥368.7m (up 24% from 3Q 2020). Net income: CN¥22.1m (up 77% from 3Q 2020). Profit margin: 6.0% (up from 4.2% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 86% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Oct 15
Investor sentiment deteriorated over the past week After last week's 16% share price decline to CN¥5.88, the stock trades at a trailing P/E ratio of 47.1x. Average trailing P/E is 20x in the Gas Utilities industry in China. Total loss to shareholders of 25% over the past three years. Valuation Update With 7 Day Price Move • Aug 13
Investor sentiment improved over the past week After last week's 20% share price gain to CN¥5.84, the stock trades at a trailing P/E ratio of 44.5x. Average trailing P/E is 20x in the Gas Utilities industry in China. Total loss to shareholders of 4.7% over the past three years. Valuation Update With 7 Day Price Move • May 12
Investor sentiment improved over the past week After last week's 17% share price gain to CN¥5.35, the stock trades at a trailing P/E ratio of 40.7x. Average trailing P/E is 20x in the Gas Utilities industry in China. Total loss to shareholders of 4.5% over the past year. Reported Earnings • May 03
First quarter 2021 earnings released: EPS CN¥0.001 (vs CN¥0.043 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¥361.1m (up 56% from 1Q 2020). Net income: CN¥457.1k (up CN¥15.7m from 1Q 2020). Profit margin: 0.1% (up from net loss in 1Q 2020). The move to profitability was driven by higher revenue. Reported Earnings • Apr 17
Full year 2020 earnings released: EPS CN¥0.099 (vs CN¥0.12 in FY 2019) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: CN¥127.5m (down 88% from FY 2019). Net income: CN¥3.55m (down 91% from FY 2019). Profit margin: 2.8% (down from 4.0% in FY 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings. Is New 90 Day High Low • Feb 03
New 90-day low: CN¥4.48 The company is down 15% from its price of CN¥5.27 on 05 November 2020. The Chinese market is up 6.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Gas Utilities industry, which is down 14% over the same period. Is New 90 Day High Low • Jan 14
New 90-day low: CN¥5.05 The company is down 10.0% from its price of CN¥5.60 on 16 October 2020. The Chinese market is up 7.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Multiline Retail industry, which is down 20% over the same period. Valuation Update With 7 Day Price Move • Jan 11
Investor sentiment deteriorated over the past week After last week's 16% share price decline to CN¥5.35, the stock is trading at a trailing P/E ratio of 50.4x, down from the previous P/E ratio of 60.1x. This compares to an average P/E of 29x in the Multiline Retail industry in China. Total return to shareholders over the past three years is a loss of 43%. Valuation Update With 7 Day Price Move • Dec 25
Investor sentiment improved over the past week After last week's 17% share price gain to CN¥6.70, the stock is trading at a trailing P/E ratio of 63.2x, up from the previous P/E ratio of 54.2x. This compares to an average P/E of 30x in the Multiline Retail industry in China. Total return to shareholders over the past three years is a loss of 25%. Is New 90 Day High Low • Dec 25
New 90-day high: CN¥6.70 The company is up 32% from its price of CN¥5.06 on 25 September 2020. The Chinese market is up 5.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Multiline Retail industry, which is down 14% over the same period. Is New 90 Day High Low • Dec 03
New 90-day high: CN¥5.71 The company is up 6.0% from its price of CN¥5.39 on 04 September 2020. The Chinese market is down 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Multiline Retail industry, which is down 12% over the same period. Announcement • Nov 28
Sichuan Datong Gas Development Co.,Ltd. Announces Election of Board of Directors Sichuan Datong Gas Development Co.,Ltd. at the EGM held on November 26, 2020, approved the election of Ding Liguo, Tian Lixin, Lv Tao, Zheng Ping, Qin Liang and Zhou Shun as non-independent directors. Election of Li Jun and Liu Zhiqiang as independent directors; election of Ma Hui and Wang Hui as supervisors. Is New 90 Day High Low • Oct 01
New 90-day low: CN¥4.90 The company is down 1.0% from its price of CN¥4.95 on 03 July 2020. The Chinese market is up 5.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Multiline Retail industry, which is down 3.0% over the same period. Announcement • Aug 13
Sichuan Datong Gas Development Co.,Ltd. to Report First Half, 2020 Results on Aug 29, 2020 Sichuan Datong Gas Development Co.,Ltd. announced that they will report first half, 2020 results on Aug 29, 2020