Buy Or Sell Opportunity • Jun 05
Now 26% undervalued Over the last 90 days, the stock has risen 11% to CN¥5.33. The fair value is estimated to be CN¥7.17, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 7.6% over the last 3 years. Earnings per share has grown by 23%. Revenue is forecast to decline by 5.1% in 2 years. Earnings are forecast to grow by 11% in the next 2 years. Valuation Update With 7 Day Price Move • May 29
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to CN¥6.19, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 18x in the Renewable Energy industry in China. Total loss to shareholders of 3.9% over the past three years. Declared Dividend • May 20
Dividend of CN¥0.20 announced Shareholders will receive a dividend of CN¥0.20. Ex-date: 22nd May 2026 Payment date: 22nd May 2026 Dividend yield will be 4.6%, which is higher than the industry average of 2.7%. Sustainability & Growth Dividend is covered by both earnings (53% earnings payout ratio) and cash flows (38% cash payout ratio). The dividend has increased by an average of 2.3% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 22% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Buy Or Sell Opportunity • May 08
Now 21% undervalued Over the last 90 days, the stock has risen 26% to CN¥5.54. The fair value is estimated to be CN¥7.01, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 7.6% over the last 3 years. Earnings per share has grown by 23%. Revenue is forecast to decline by 5.1% in 2 years. Earnings are forecast to grow by 11% in the next 2 years. Price Target Changed • Apr 22
Price target decreased by 18% to CN¥7.49 Down from CN¥9.10, the current price target is an average from 2 analysts. New target price is 39% above last closing price of CN¥5.37. Stock is up 34% over the past year. The company is forecast to post earnings per share of CN¥0.51 for next year compared to CN¥0.47 last year. Reported Earnings • Apr 21
Full year 2025 earnings released: EPS: CN¥0.47 (vs CN¥0.32 in FY 2024) Full year 2025 results: EPS: CN¥0.47 (up from CN¥0.32 in FY 2024). Revenue: CN¥8.63b (up 9.2% from FY 2024). Net income: CN¥1.02b (up 45% from FY 2024). Profit margin: 12% (up from 8.9% in FY 2024). The increase in margin was driven by higher revenue. 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 7% per year, which means it is significantly lagging earnings. Announcement • Apr 21
Guangdong Baolihua New Energy Stock Co., Ltd., Annual General Meeting, May 12, 2026 Guangdong Baolihua New Energy Stock Co., Ltd., Annual General Meeting, May 12, 2026, at 14:30 China Standard Time. Location: The Company's Meeting Room, Meixian, Guangdong China Announcement • Mar 31
Guangdong Baolihua New Energy Stock Co., Ltd. to Report Q1, 2026 Results on Apr 28, 2026 Guangdong Baolihua New Energy Stock Co., Ltd. announced that they will report Q1, 2026 results on Apr 28, 2026 Valuation Update With 7 Day Price Move • Mar 25
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to CN¥5.61, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 16x in the Renewable Energy industry in China. Total returns to shareholders of 5.8% over the past three years. Announcement • Dec 31
Guangdong Baolihua New Energy Stock Co., Ltd. to Report Fiscal Year 2025 Results on Apr 21, 2026 Guangdong Baolihua New Energy Stock Co., Ltd. announced that they will report fiscal year 2025 results on Apr 21, 2026 Reported Earnings • Oct 29
Third quarter 2025 earnings released: EPS: CN¥0.12 (vs CN¥0.10 in 3Q 2024) Third quarter 2025 results: EPS: CN¥0.12 (up from CN¥0.10 in 3Q 2024). Revenue: CN¥2.40b (flat on 3Q 2024). Net income: CN¥262.4m (up 16% from 3Q 2024). Profit margin: 11% (up from 9.5% in 3Q 2024). Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 4.9% growth forecast for the Renewable Energy industry in China. Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. Announcement • Sep 30
Guangdong Baolihua New Energy Stock Co., Ltd. to Report Q3, 2025 Results on Oct 29, 2025 Guangdong Baolihua New Energy Stock Co., Ltd. announced that they will report Q3, 2025 results on Oct 29, 2025 Announcement • Sep 09
Guangdong Baolihua New Energy Stock Co., Ltd. Approves Interim Distribution for 2025 Guangdong Baolihua New Energy Stock Co., Ltd. held its 1st Extraordinary General Meeting of 2025 on 05 September 2025 were approved 2025 interim profit distribution plan as Cash dividend/10 shares (tax included): CNY 0.50000000. Announcement • Aug 21
Guangdong Baolihua New Energy Stock Co., Ltd. Proposes Interim Distribution for 2025 Guangdong Baolihua New Energy Stock Co., Ltd. proposed 2025 interim profit distribution plan. The detailed profit distribution plan are as follows: 1) Cash dividend per 10 shares (tax included): CNY0.50000000. The Company will hold the 1st Extraordinary General Meeting of 2025 at 15:00 on 05 September 2025. Reported Earnings • Aug 19
Second quarter 2025 earnings released: EPS: CN¥0.12 (vs CN¥0.074 in 2Q 2024) Second quarter 2025 results: EPS: CN¥0.12 (up from CN¥0.074 in 2Q 2024). Revenue: CN¥2.38b (up 50% from 2Q 2024). Net income: CN¥259.1m (up 65% from 2Q 2024). Profit margin: 11% (up from 9.9% in 2Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 5.0% growth forecast for the Renewable Energy industry in China. Over the last 3 years on average, earnings per share has increased by 46% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Buy Or Sell Opportunity • Aug 07
Now 20% overvalued after recent price rise Over the last 90 days, the stock has risen 6.5% to CN¥4.73. The fair value is estimated to be CN¥3.93, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 4.3% over the last 3 years. Earnings per share has grown by 37%. Revenue is forecast to grow by 40% in 2 years. Earnings are forecast to grow by 62% in the next 2 years. Buy Or Sell Opportunity • Jul 08
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 25% to CN¥4.91. The fair value is estimated to be CN¥4.06, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 4.3% over the last 3 years. Earnings per share has grown by 37%. Revenue is forecast to grow by 40% in 2 years. Earnings are forecast to grow by 62% in the next 2 years. Announcement • Jul 02
Guangdong Baolihua New Energy Stock Co., Ltd. to Report First Half, 2025 Results on Aug 19, 2025 Guangdong Baolihua New Energy Stock Co., Ltd. announced that they will report first half, 2025 results on Aug 19, 2025 Board Change • May 10
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Zhiyun Liu was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • May 01
Full year 2024 earnings released: EPS: CN¥0.32 (vs CN¥0.41 in FY 2023) Full year 2024 results: EPS: CN¥0.32 (down from CN¥0.41 in FY 2023). Revenue: CN¥7.90b (down 23% from FY 2023). Net income: CN¥705.5m (down 21% from FY 2023). Profit margin: 8.9% (up from 8.6% in FY 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 5.2% growth forecast for the Renewable Energy industry in China. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Announcement • Apr 29
Guangdong Baolihua New Energy Stock Co., Ltd., Annual General Meeting, May 19, 2025 Guangdong Baolihua New Energy Stock Co., Ltd., Annual General Meeting, May 19, 2025, at 14:30 China Standard Time. Announcement • Mar 31
Guangdong Baolihua New Energy Stock Co., Ltd. to Report Q1, 2025 Results on Apr 29, 2025 Guangdong Baolihua New Energy Stock Co., Ltd. announced that they will report Q1, 2025 results on Apr 29, 2025 Announcement • Dec 31
Guangdong Baolihua New Energy Stock Co., Ltd. to Report Fiscal Year 2024 Results on Apr 19, 2025 Guangdong Baolihua New Energy Stock Co., Ltd. announced that they will report fiscal year 2024 results on Apr 19, 2025 New Risk • Dec 26
New major risk - Revenue and earnings growth Earnings have declined by 13% 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 13% per year over the past 5 years. Minor Risk Paying a dividend despite having no free cash flows. Reported Earnings • Oct 29
Third quarter 2024 earnings released: EPS: CN¥0.10 (vs CN¥0.16 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.10 (down from CN¥0.16 in 3Q 2023). Revenue: CN¥2.39b (down 12% from 3Q 2023). Net income: CN¥226.2m (down 32% from 3Q 2023). Profit margin: 9.5% (down from 12% in 3Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 23% p.a. on average during the next 3 years, compared to a 6.4% growth forecast for the Renewable Energy industry in China. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. Announcement • Sep 30
Guangdong Baolihua New Energy Stock Co., Ltd. to Report Q3, 2024 Results on Oct 29, 2024 Guangdong Baolihua New Energy Stock Co., Ltd. announced that they will report Q3, 2024 results on Oct 29, 2024 Valuation Update With 7 Day Price Move • Sep 30
Investor sentiment improves as stock rises 24% After last week's 24% share price gain to CN¥4.90, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 12x in the Renewable Energy industry in China. Total loss to shareholders of 23% over the past three years. Buy Or Sell Opportunity • Sep 04
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 22% to CN¥3.95. The fair value is estimated to be CN¥4.95, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.9% over the last 3 years. Earnings per share has declined by 17%. Revenue is forecast to grow by 62% in 2 years. Earnings are forecast to grow by 47% in the next 2 years. Reported Earnings • Aug 24
Second quarter 2024 earnings released: EPS: CN¥0.075 (vs CN¥0.13 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.075 (down from CN¥0.13 in 2Q 2023). Revenue: CN¥1.59b (down 44% from 2Q 2023). Net income: CN¥156.9m (down 46% from 2Q 2023). Profit margin: 9.9% (in line with 2Q 2023). Revenue is forecast to grow 20% p.a. on average during the next 3 years, compared to a 6.4% growth forecast for the Renewable Energy industry in China. Over the last 3 years on average, earnings per share has fallen by 17% 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 • Jun 29
Guangdong Baolihua New Energy Stock Co., Ltd. to Report First Half, 2024 Results on Aug 24, 2024 Guangdong Baolihua New Energy Stock Co., Ltd. announced that they will report first half, 2024 results on Aug 24, 2024 Board Change • May 28
High number of new directors Independent Director Zhiyun Liu was the last director to join the board, commencing their role in 2024. Announcement • May 23
Guangdong Baolihua New Energy Stock Co., Ltd. Approves Board Elections Guangdong Baolihua New Energy Stock Co., Ltd. held its 1st Extraordinary General Meeting of 2024 on 17 May 2024, approved election of Jiang Zhuowen and Cai Xiujuan as non-independent directors and Liu Zhiyun as independent director. Reported Earnings • Apr 30
First quarter 2024 earnings released: EPS: CN¥0.10 (vs CN¥0.012 in 1Q 2023) First quarter 2024 results: EPS: CN¥0.10 (up from CN¥0.012 in 1Q 2023). Revenue: CN¥2.13b (down 1.9% from 1Q 2023). Net income: CN¥209.0m (up CN¥183.3m from 1Q 2023). Profit margin: 9.8% (up from 1.2% in 1Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 14% p.a. on average during the next 2 years, compared to a 7.4% growth forecast for the Renewable Energy industry in China. Over the last 3 years on average, earnings per share has fallen by 38% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings. Reported Earnings • Apr 09
Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behind Full year 2023 results: EPS: CN¥0.41 (up from CN¥0.08 in FY 2022). Revenue: CN¥10.3b (up 9.1% from FY 2022). Net income: CN¥888.5m (up 385% from FY 2022). Profit margin: 8.6% (up from 1.9% in FY 2022). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 18%. Earnings per share (EPS) missed analyst estimates by 13%. Revenue is forecast to grow 11% p.a. on average during the next 2 years, compared to a 7.0% growth forecast for the Renewable Energy industry in China. Over the last 3 years on average, earnings per share has fallen by 62% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings. Announcement • Mar 30
Guangdong Baolihua New Energy Stock Co., Ltd. to Report Q1, 2024 Results on Apr 30, 2024 Guangdong Baolihua New Energy Stock Co., Ltd. announced that they will report Q1, 2024 results on Apr 30, 2024 Announcement • Dec 29
Guangdong Baolihua New Energy Stock Co., Ltd. to Report Fiscal Year 2023 Results on Apr 26, 2024 Guangdong Baolihua New Energy Stock Co., Ltd. announced that they will report fiscal year 2023 results on Apr 26, 2024 Reported Earnings • Nov 01
Third quarter 2023 earnings released: EPS: CN¥0.16 (vs CN¥0.091 in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.16 (up from CN¥0.091 in 3Q 2022). Revenue: CN¥2.70b (down 15% from 3Q 2022). Net income: CN¥331.2m (up 83% from 3Q 2022). Profit margin: 12% (up from 5.7% in 3Q 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Renewable Energy industry in China. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 55 percentage points per year, which is a significant difference in performance. Reported Earnings • Aug 17
Second quarter 2023 earnings released: EPS: CN¥0.13 (vs CN¥0.002 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.13 (up from CN¥0.002 in 2Q 2022). Revenue: CN¥2.83b (up 82% from 2Q 2022). Net income: CN¥288.1m (up CN¥282.8m from 2Q 2022). Profit margin: 10% (up from 0.3% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Renewable Energy industry in China. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 62 percentage points per year, which is a significant difference in performance. Announcement • Jul 01
Guangdong Baolihua New Energy Stock Co., Ltd. to Report First Half, 2023 Results on Aug 17, 2023 Guangdong Baolihua New Energy Stock Co., Ltd. announced that they will report first half, 2023 results on Aug 17, 2023 Announcement • Jun 29
Guangdong Baolihua New Energy Stock Co., Ltd. Announces Final Profit Distribution Plan to Be Implemented (A Shares) for 2022, Payable on 04 July 2023 Guangdong Baolihua New Energy Stock Co., Ltd. announced 2022 final profit distribution plan to be implemented (A shares): cash dividend/10 shares (tax included): CNY 0.30000000. Record date: 03 July 2023, Ex-date: 04 July 2023, Payment date: 04 July 2023. Reported Earnings • Apr 18
Full year 2022 earnings: EPS and revenues miss analyst expectations Full year 2022 results: EPS: CN¥0.08 (down from CN¥0.38 in FY 2021). Revenue: CN¥9.42b (flat on FY 2021). Net income: CN¥183.2m (down 78% from FY 2021). Profit margin: 1.9% (down from 8.8% in FY 2021). Revenue missed analyst estimates by 7.1%. Earnings per share (EPS) also missed analyst estimates by 11%. Revenue is forecast to grow 6.5% p.a. on average during the next 2 years, compared to a 8.2% growth forecast for the Renewable Energy industry in China. Over the last 3 years on average, earnings per share has fallen by 36% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Nov 21
Investor sentiment improved over the past week After last week's 18% share price gain to CN¥6.38, the stock trades at a trailing P/E ratio of 71.6x. Average trailing P/E is 25x in the Renewable Energy industry in China. Total returns to shareholders of 24% over the past three years. Board Change • Nov 16
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Non-Independent Director Lin Ye was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Oct 28
Third quarter 2022 earnings released: EPS: CN¥0.091 (vs CN¥0.077 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.091 (up from CN¥0.077 in 3Q 2021). Revenue: CN¥3.18b (up 31% from 3Q 2021). Net income: CN¥181.1m (up 14% from 3Q 2021). Profit margin: 5.7% (down from 6.5% in 3Q 2021). Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings. Board Change • Aug 19
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Non-Independent Director Lin Ye was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Aug 07
Second quarter 2022 earnings released: EPS: CN¥0.002 (vs CN¥0.27 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.002 (down from CN¥0.27 in 2Q 2021). Revenue: CN¥1.55b (down 37% from 2Q 2021). Net income: CN¥5.32m (down 99% from 2Q 2021). Profit margin: 0.3% (down from 23% in 2Q 2021). Over the last 3 years on average, earnings per share has increased by 8% 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 • Jul 11
Investor sentiment improved over the past week After last week's 17% share price gain to CN¥5.41, the stock trades at a trailing P/E ratio of 16x. Average trailing P/E is 30x in the Renewable Energy industry in China. Total loss to shareholders of 4.1% over the past three years. Announcement • May 13
Guangdong Baolihua New Energy Stock Co., Ltd. Implements Cash Dividend (A Shares) for 2021, Payable on May 18, 2022 Guangdong Baolihua New Energy Stock Co., Ltd. implemented cash dividend (A shares) of CNY 0.50000000 per 10 shares (tax included) for 2021, payable on May 18, 2022 with record date of May 17, 2022 and ex-date of May 18, 2022. Announcement • May 12
Guangdong Baolihua New Energy Stock Co., Ltd. Approves 2021 Profit Distribution Plan Guangdong Baolihua New Energy Stock Co., Ltd. at its Annual General Meeting of 2021 on 09 May 2022 approved 2021 profit distribution plan, Cash dividend/10 shares (tax included): CNY 0.50000000. Reported Earnings • Apr 30
First quarter 2022 earnings released: EPS: CN¥0.002 (vs CN¥0.04 in 1Q 2021) First quarter 2022 results: EPS: CN¥0.002 (down from CN¥0.04 in 1Q 2021). Revenue: CN¥2.22b (up 11% from 1Q 2021). Net income: CN¥3.75m (down 96% from 1Q 2021). Profit margin: 0.2% (down from 4.5% in 1Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has fallen by 17% per year, which means it is significantly lagging earnings. Board Change • Apr 27
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Non-Independent Director & Chairman of Supervisory Board Zou Jin Kai was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Apr 17
Full year 2021 earnings released: EPS: CN¥0.38 (vs CN¥0.84 in FY 2020) Full year 2021 results: EPS: CN¥0.38 (down from CN¥0.84 in FY 2020). Revenue: CN¥9.41b (up 31% from FY 2020). Net income: CN¥824.4m (down 55% from FY 2020). Profit margin: 8.8% (down from 25% in FY 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has fallen by 16% per year, which means it is significantly lagging earnings. Board Change • Dec 06
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Non-Independent Director & Chairman of Supervisory Board Zou Jin Kai was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Oct 20
Third quarter 2021 earnings released: EPS CN¥0.077 (vs CN¥0.37 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¥2.44b (up 1.6% from 3Q 2020). Net income: CN¥159.0m (down 80% from 3Q 2020). Profit margin: 6.5% (down from 33% 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 51% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Sep 08
Investor sentiment improved over the past week After last week's 16% share price gain to CN¥6.44, the stock trades at a trailing P/E ratio of 7.6x. Average trailing P/E is 23x in the Renewable Energy industry in China. Negligible returns to shareholders over past three years. Reported Earnings • Aug 09
Second quarter 2021 earnings released: EPS CN¥0.27 (vs CN¥0.22 in 2Q 2020) The company reported a solid second quarter result with improved earnings and revenues, although profit margins were weaker. Second quarter 2021 results: Revenue: CN¥2.47b (up 19% from 2Q 2020). Net income: CN¥570.9m (up 11% from 2Q 2020). Profit margin: 23% (down from 25% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 62% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings. Reported Earnings • May 02
First quarter 2021 earnings released: EPS CN¥0.04 (vs CN¥0.06 in 1Q 2020) The company reported a mediocre first quarter result with weaker earnings and profit margins, although revenues improved. First quarter 2021 results: Revenue: CN¥2.01b (up 74% from 1Q 2020). Net income: CN¥90.8m (down 26% from 1Q 2020). Profit margin: 4.5% (down from 11% in 1Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 68% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Feb 09
Investor sentiment deteriorated over the past week After last week's 22% share price decline to CN¥5.79, the stock is trading at a trailing P/E ratio of 6.9x, down from the previous P/E ratio of 8.9x. This compares to an average P/E of 15x in the Renewable Energy industry in China. Total return to shareholders over the past three years is a loss of 18%. Announcement • Feb 04
Guangdong Baolihua New Energy Stock Co., Ltd., Annual General Meeting, Feb 23, 2021 Guangdong Baolihua New Energy Stock Co., Ltd., Annual General Meeting, Feb 23, 2021, at 14:30 China Standard Time. Agenda: To consider 2020 work report of the board of directors; 2020 work report of the supervisory committee; 2020 annual accounts and 2020 profit distribution plan; 2021 business plan; 2020 annual report and its summary; Reappointment of 2021 audit firm; and amendments to the Company's articles of association and its appendix and amendments. Is New 90 Day High Low • Feb 01
New 90-day high: CN¥7.89 The company is up 4.0% from its price of CN¥7.56 on 03 November 2020. The Chinese market is up 7.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Renewable Energy industry, which is up 3.0% over the same period. Reported Earnings • Oct 24
Third quarter earnings released Over the last 12 months the company has reported total profits of CN¥1.83b, up 456% from the prior year. Total revenue was CN¥7.45b over the last 12 months, up 53% from the prior year. Announcement • Oct 16
Guangdong Baolihua New Energy Stock Co., Ltd. to Report Q3, 2020 Results on Oct 23, 2020 Guangdong Baolihua New Energy Stock Co., Ltd. announced that they will report Q3, 2020 results on Oct 23, 2020 Is New 90 Day High Low • Oct 15
New 90-day high: CN¥7.30 The company is up 17% from its price of CN¥6.26 on 17 July 2020. The Chinese market is up 5.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Renewable Energy industry, which is up 2.0% over the same period. Announcement • Jul 18
Guangdong Baolihua New Energy Stock Co., Ltd. to Report First Half, 2020 Results on Aug 01, 2020 Guangdong Baolihua New Energy Stock Co., Ltd. announced that they will report first half, 2020 results on Aug 01, 2020 
