Announcement • May 28
Hebei Yichen Industrial Group Corporation Limited Approves Final Dividend for the Year Ended 31 December 2025, Payable on Around 21 July 2026 Hebei Yichen Industrial Group Corporation Limited at its AGM held on May 28, 2026, approved final dividend of RMB 0.0111 per share (tax inclusive) for the year ended 31 December 2025 with an aggregate net amount of approximately RMB 9,966,024 to Shareholders whose names appear on the Company's register of members as at 5 June 2026. The 2025 Final Dividend is expected to be paid on around 21 July 2026. Board Change • May 20
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 5 experienced directors. 6 highly experienced directors. 3 independent directors (6 non-independent directors). Independent Non-Executive Director Fuju Wang was the last independent 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: Minority of independent directors. Insufficient board refreshment. Declared Dividend • May 20
Dividend of CN¥0.011 announced Shareholders will receive a dividend of CN¥0.011. Ex-date: 1st June 2026 Payment date: 21st July 2026 Dividend yield will be 17%, which is higher than the industry average of 2.6%. Sustainability & Growth Dividend is well covered by both earnings (3% earnings payout ratio) and cash flows (4% cash payout ratio). The dividend has decreased over the past 96 years, indicating a lack of growth and stability in payments. Earnings per share has grown by 2.7% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Announcement • Mar 26
Hebei Yichen Industrial Group Corporation Limited, Annual General Meeting, May 28, 2026 Hebei Yichen Industrial Group Corporation Limited, Annual General Meeting, May 28, 2026. Announcement • Mar 16
Hebei Yichen Industrial Group Corporation Limited to Report Fiscal Year 2025 Results on Mar 26, 2026 Hebei Yichen Industrial Group Corporation Limited announced that they will report fiscal year 2025 results on Mar 26, 2026 Announcement • Aug 18
Hebei Yichen Industrial Group Corporation Limited to Report First Half, 2025 Results on Aug 28, 2025 Hebei Yichen Industrial Group Corporation Limited announced that they will report first half, 2025 results on Aug 28, 2025 Announcement • May 29
Hebei Yichen Industrial Group Corporation Limited Announces Final Dividend for the Year Ended 31 December 2024, to Be Paid on 23 July 2025 Hebei Yichen Industrial Group Corporation Limited announced final dividend RMB 0.0168 per share (tax inclusive) for the year ended 31 December 2024 (the "2024 Final Dividend") with an aggregate net amount of approximately RMB 15,083,712 to the Shareholders whose names appear on the Company's register of members as at 6 June 2025. The 2024 Final Dividend is expected to be paid on around 23 July 2025. Announcement • Mar 27
Hebei Yichen Industrial Group Corporation Limited, Annual General Meeting, May 29, 2025 Hebei Yichen Industrial Group Corporation Limited, Annual General Meeting, May 29, 2025. Announcement • Mar 17
Hebei Yichen Industrial Group Corporation Limited to Report Fiscal Year 2024 Results on Mar 27, 2025 Hebei Yichen Industrial Group Corporation Limited announced that they will report fiscal year 2024 results on Mar 27, 2025 Reported Earnings • Sep 04
First half 2024 earnings released: CN¥0.047 loss per share (vs CN¥0.04 loss in 1H 2023) First half 2024 results: CN¥0.047 loss per share (further deteriorated from CN¥0.04 loss in 1H 2023). Revenue: CN¥498.7m (down 8.1% from 1H 2023). Net loss: CN¥42.2m (loss widened 24% from 1H 2023). Over the last 3 years on average, earnings per share has fallen by 57% per year but the company’s share price has only fallen by 16% per year, which means it has not declined as severely as earnings. Announcement • Aug 20
Hebei Yichen Industrial Group Corporation Limited to Report First Half, 2024 Results on Aug 29, 2024 Hebei Yichen Industrial Group Corporation Limited announced that they will report first half, 2024 results on Aug 29, 2024 Announcement • Aug 15
Hebei Yichen Industrial Group Corporation Limited Provides Consolidated Earnings Guidance for the Six Months Ended 30 June 2024 Hebei Yichen Industrial Group Corporation Limited provided consolidated earnings guidance for the six months ended 30 June 2024. for the six months, the Group is expected to record a consolidated net loss of approximately RMB 42.2 million for the six months ended 30 June 2024, representing an increase of RMB 8.7 million as compared with the consolidated net loss of RMB 33.5 million for the six months ended 30 June 2023. The Board considers that the deterioration in the Group's results of operations is mainly attributable to the increase in the loss from changes in fair value associated with financial assets held for trading of approximately RMB 30.4 million to RMB 58.5 million for the six months ended 30 June 2024. In comparison, a loss from changes in fair value associated with financial assets held for trading of RMB 28.1 million was recorded for the six months ended 30 June 2023. The loss from changes in fair value associated with financial assets held for trading recorded for the six months ended 30 June 2024 was primarily caused by the change in price of Hong Kong listed company securities held by the Company, and was the primary factor contributing to the increase in the Group's operating losses for the six months ended 30 June 2024. New Risk • Jul 26
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 German stocks, typically moving 7.0% 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 Earnings have declined by 10% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (7.0% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (4.1% net profit margin). Announcement • May 31
Hebei Yichen Industrial Group Corporation Limited Approves Final Dividend for the Year Ended 31 December 2023, Payable on 25 July 2024 Hebei Yichen Industrial Group Corporation Limited approved final dividend of RMB 0.010024 per share for the year ended 31 December 2023. Ex-dividend date: 03 June 2024. Record date: 07 June 2024. Payment date: 25 July 2024. Upcoming Dividend • May 27
Upcoming dividend of CN¥0.01 per share Eligible shareholders must have bought the stock before 03 June 2024. Payment date: 25 July 2024. Trailing yield: 0.3%. Lower than top quartile of German dividend payers (4.6%). Lower than average of industry peers (3.4%). Announcement • Mar 28
Hebei Yichen Industrial Group Corporation Limited, Annual General Meeting, May 30, 2024 Hebei Yichen Industrial Group Corporation Limited, Annual General Meeting, May 30, 2024. Agenda: To recommend the payment of a final dividend for the year ended 31 December 2023. Reported Earnings • Mar 28
Full year 2023 earnings released: EPS: CN¥0.06 (vs CN¥0.18 in FY 2022) Full year 2023 results: EPS: CN¥0.06 (down from CN¥0.18 in FY 2022). Revenue: CN¥1.20b (down 4.9% from FY 2022). Net income: CN¥49.4m (down 69% from FY 2022). Profit margin: 4.1% (down from 13% in FY 2022). Over the last 3 years on average, earnings per share has fallen by 42% per year but the company’s share price has remained flat, which means it is well ahead of earnings. Announcement • Mar 27
Hebei Yichen Industrial Group Corporation Limited Proposes Final Dividend for the Year Ended December 31, 2023, Payable on July 25, 2024 Hebei Yichen Industrial Group Corporation Limited proposed final dividend of RMB 0.010024 per share for the year ended 31 December 2023. Ex-dividend date is 03 June 2024, Record date is 07 June 2024, Payment date is 25 July 2024. Date of shareholders' approval is 30 May 2024. Announcement • Mar 16
Hebei Yichen Industrial Group Corporation Limited to Report Fiscal Year 2023 Results on Mar 27, 2024 Hebei Yichen Industrial Group Corporation Limited announced that they will report fiscal year 2023 results on Mar 27, 2024 Reported Earnings • Oct 01
First half 2023 earnings released: CN¥0.04 loss per share (vs CN¥0.08 profit in 1H 2022) First half 2023 results: CN¥0.04 loss per share (down from CN¥0.08 profit in 1H 2022). Revenue: CN¥542.6m (down 16% from 1H 2022). Net loss: CN¥33.9m (down 146% from profit in 1H 2022). Reported Earnings • Aug 27
First half 2023 earnings released: CN¥0.038 loss per share (vs CN¥0.08 profit in 1H 2022) First half 2023 results: CN¥0.038 loss per share (down from CN¥0.08 profit in 1H 2022). Revenue: CN¥542.6m (down 16% from 1H 2022). Net loss: CN¥33.9m (down 146% from profit in 1H 2022). New Risk • Aug 17
New minor risk - Dividend sustainability The dividend is not well covered by cash flows. The company is paying a dividend despite having no free cash flows. Dividend yield: 1.5% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (7.1% average weekly change). Large one-off items impacting financial results. Announcement • Aug 16
Hebei Yichen Industrial Group Corporation Limited to Report Q2, 2023 Results on Aug 24, 2023 Hebei Yichen Industrial Group Corporation Limited announced that they will report Q2, 2023 results on Aug 24, 2023 Announcement • Aug 13
Hebei Yichen Industrial Group Corporation Limited Provides Unaudited Consolidated Financial Guidance for the Six Months Ended 30 June 2023 Hebei Yichen Industrial Group Corporation Limited provided unaudited consolidated financial guidance for the six months ended 30 June 2023. The Group is expected to record a consolidated net loss of approximately RMB 33.5 million for the six months ended 30 June 2023, as compared with the consolidated net profit of RMB 74.3 million for the six months ended 30 June 2022, representing a decrease of RMB 107.8 million. Announcement • May 27
Hebei Yichen Industrial Group Corporation Limited Approves Final Dividend for the Year Ended 31 December 2022, Payable Around 20 July 2023 Hebei Yichen Industrial Group Corporation Limited announced that at its AGM held on 25 May 2023, the shareholders approved the final dividend distribution plan of the company for the year ended 31 December 2022. The Company will pay a final dividend of RMB 0.0501 per share (tax inclusive) for the year ended 31 December 2022 (the 2022 Final Dividend) with an aggregate net amount of approximately RMB 44,981,784 to shareholders of the company whose names are listed on the company's register of members as at 8 June 2023. The 2022 final dividend is expected to be paid around 20 July 2023. Upcoming Dividend • May 24
Upcoming dividend of CN¥0.05 per share at 1.3% yield Eligible shareholders must have bought the stock before 31 May 2023. Payment date: 20 July 2023. Payout ratio is a comfortable 28% but the company is not cash flow positive. Trailing yield: 1.3%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (2.9%). Reported Earnings • Mar 31
Full year 2022 earnings released: EPS: CN¥0.18 (vs CN¥0.27 in FY 2021) Full year 2022 results: EPS: CN¥0.18 (down from CN¥0.27 in FY 2021). Revenue: CN¥1.26b (down 7.7% from FY 2021). Net income: CN¥161.0m (down 35% from FY 2021). Profit margin: 13% (down from 18% in FY 2021). Announcement • Jan 18
Hebei Yichen Industrial Group Corporation Limited Announces the Resignation of Zhang Chao as Joint Company Secretary The board of directors of Hebei Yichen Industrial Group Corporation Limited announced that Mr. Zhang Chao ("Mr. Zhang") has resigned as a joint company secretary of the Company with effect from 17 January 2023 to devote more time to his responsibilities in other positions within the Company and its subsidiaries. Mr. Zhang will remain as an executive Director and a member of the corporate governance committee of the Board. Board Change • Nov 16
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. 7 non-independent directors. Independent Non-Executive Director Fuju Wang was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Sep 14
Hebei Yichen Industrial Group Corporation Limited Appoints Zheng Zhixing as A Non-Executive Director Hebei Yichen Industrial Group Corporation Limited announce that Ms. Zheng Zhixing was elected as a non-executive Director of the third session of the Board with effect from the conclusion of the EGM and until the expiry of the term of the third session of the Board, i.e. until 1 December 2024. Reported Earnings • Aug 26
First half 2022 earnings released: EPS: CN¥0 (vs CN¥0.10 in 1H 2021) First half 2022 results: EPS: CN¥0 (down from CN¥0.10 in 1H 2021). Revenue: CN¥646.0m (up 8.7% from 1H 2021). Net income: CN¥73.5m (down 17% from 1H 2021). Profit margin: 11% (down from 15% in 1H 2021). The decrease in margin was driven by higher expenses. Announcement • Aug 16
Hebei Yichen Industrial Group Corporation Limited to Report First Half, 2022 Results on Aug 25, 2022 Hebei Yichen Industrial Group Corporation Limited announced that they will report first half, 2022 results on Aug 25, 2022 Announcement • Jul 06
Hebei Yichen Industrial Group Corporation Limited Announces That Ms. Gu Xiaohui Has Resigned as A Non-Executive Director Hebei Yichen Industrial Group Corporation Limited announced that Ms. Gu Xiaohui has resigned as a non-executive Director to devote more time to her other personal commitments. The resignation of Ms. Gu will come into effect from the date on which the proposed non- executive Director is elected and duly assumes her term of office. Ms. Gu will continue to perform her obligations as a non-executive Director prior to such date. Ms. Gu has confirmed that she has no disagreement with the Board and there is no matter relating to her resignation that needs to be brought to the attention of the shareholders of the Company The Stock Exchange of Hong Kong Limited. Reported Earnings • Apr 28
Full year 2021 earnings released: EPS: CN¥0.27 (vs CN¥0.28 in FY 2020) Full year 2021 results: EPS: CN¥0.27 (down from CN¥0.28 in FY 2020). Revenue: CN¥1.36b (up 19% from FY 2020). Net income: CN¥246.1m (down 2.4% from FY 2020). Profit margin: 18% (down from 22% in FY 2020). The decrease in margin was driven by higher expenses. Board Change • Apr 27
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 6 non-independent directors. Independent Non-Executive Director Terence Jip was the last independent director to join the board, commencing their role in 2015. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Apr 14
Hebei Yichen Industrial Group Corporation Limited Announces Resignation of Mr. Wang Qi as Independent Non-Executive Director, the Chairman of the Nomination Committee and A Member of Each of the Audit Committee and the Corporate Governance Committee of the Board The board of directors of Hebei Yichen Industrial Group Corporation Limited announced that Mr. Wang Qi (Mr. Wang) has resigned as an independent non-executive Director, the chairman of the nomination committee and a member of each of the audit committee and the corporate governance committee of the Board with effect from 13 April 2022 to devote more time to his other personal commitments. Reported Earnings • Mar 31
Full year 2021 earnings released Full year 2021 results: Revenue: CN¥1.36b (up 19% from FY 2020). Net income: CN¥246.1m (down 2.4% from FY 2020). Profit margin: 18% (down from 22% in FY 2020). The decrease in margin was driven by higher expenses. Announcement • Mar 30
Hebei Yichen Industrial Group Corporation Limited Announces Ordinary Final Dividend for the Year Ended 31 December 2021, Payable on July 21, 2022 Hebei Yichen Industrial Group Corporation Limited announced ordinary final dividend of RMB 0.0553 per share for the year ended 31 December 2021. Ex-dividend date of 06 June 2022, Record date of 14 June 2022 and Payment date of 21 July 2022. Reported Earnings • Sep 29
First half 2021 earnings released: EPS CN¥0.10 (vs CN¥0.14 in 1H 2020) The company reported a soft first half result with weaker earnings and profit margins, although revenues improved. First half 2021 results: Revenue: CN¥594.4m (up 3.4% from 1H 2020). Net income: CN¥88.9m (down 30% from 1H 2020). Profit margin: 15% (down from 22% in 1H 2020). The decrease in margin was driven by higher expenses. Reported Earnings • Aug 29
First half 2021 earnings released: EPS CN¥0.099 (vs CN¥0.14 in 1H 2020) The company reported a soft first half result with weaker earnings and profit margins, although revenues improved. First half 2021 results: Revenue: CN¥594.4m (up 3.2% from 1H 2020). Net income: CN¥88.9m (down 30% from 1H 2020). Profit margin: 15% (down from 22% in 1H 2020). The decrease in margin was driven by higher expenses. Reported Earnings • May 04
Full year 2020 earnings released: EPS CN¥0.28 (vs CN¥0.22 in FY 2019) The company reported a solid full year result with improved earnings and profit margins, although revenues were flat. Full year 2020 results: Revenue: CN¥1.14b (flat on FY 2019). Net income: CN¥252.2m (up 30% from FY 2019). Profit margin: 22% (up from 17% in FY 2019). Announcement • Mar 20
Hebei Yichen Industrial Group Corporation Limited to Report Fiscal Year 2020 Results on Mar 31, 2021 Hebei Yichen Industrial Group Corporation Limited announced that they will report fiscal year 2020 results on Mar 31, 2021 Is New 90 Day High Low • Feb 23
New 90-day high: €0.43 The company is up 13% from its price of €0.38 on 25 November 2020. The German market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Machinery industry, which is up 5.0% over the same period.