Valuation Update With 7 Day Price Move • May 07
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to HK$3.59, the stock trades at a trailing P/E ratio of 20.1x. Average trailing P/E is 23x in the Consumer Retailing industry in Hong Kong. Total returns to shareholders of 7.2% over the past year. Reported Earnings • Apr 23
Full year 2025 earnings released: EPS: CN¥0.18 (vs CN¥0.27 in FY 2024) Full year 2025 results: EPS: CN¥0.18 (down from CN¥0.27 in FY 2024). Revenue: CN¥1.54b (up 14% from FY 2024). Net income: CN¥36.6m (down 14% from FY 2024). Profit margin: 2.4% (down from 3.2% in FY 2024). The decrease in margin was driven by higher expenses. Reported Earnings • Mar 22
Full year 2025 earnings released: EPS: CN¥0.18 (vs CN¥0.27 in FY 2024) Full year 2025 results: EPS: CN¥0.18 (down from CN¥0.27 in FY 2024). Revenue: CN¥1.54b (up 14% from FY 2024). Net income: CN¥36.6m (down 14% from FY 2024). Profit margin: 2.4% (down from 3.2% in FY 2024). The decrease in margin was driven by higher expenses. Announcement • Mar 21
Jiangsu Horizon Chain Supermarket Company Limited, Annual General Meeting, Jun 02, 2026 Jiangsu Horizon Chain Supermarket Company Limited, Annual General Meeting, Jun 02, 2026. Announcement • Mar 07
Jiangsu Horizon Chain Supermarket Company Limited to Report Fiscal Year 2025 Results on Mar 20, 2026 Jiangsu Horizon Chain Supermarket Company Limited announced that they will report fiscal year 2025 results on Mar 20, 2026 Announcement • Jan 15
Jiangsu Horizon Chain Supermarket Company Limited Approves Board Appointments Jiangsu Horizon Chain Supermarket Company Limited announced that at the Extraordinary General Meeting held on January 15, 2026, the company considered and approved the proposed election of Ms. Jia Meng as an independent non-executive Director of the sixth session of the Board of the Company and election of Ms. Zhang Yan as an independent non-executive Director of the sixth session of the Board of the Company. Valuation Update With 7 Day Price Move • Jan 14
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to HK$4.99, the stock trades at a trailing P/E ratio of 28.3x. Average trailing P/E is 28x in the Consumer Retailing industry in Hong Kong. Announcement • Dec 04
Jiangsu Horizon Chain Supermarket Company Limited has completed a Follow-on Equity Offering in the amount of HKD 62.131604 million. Jiangsu Horizon Chain Supermarket Company Limited has completed a Follow-on Equity Offering in the amount of HKD 62.131604 million.
Security Name: H Shares
Security Type: Common Stock
Securities Offered: 21,424,691
Price\Range: HKD 2.9
Discount Per Security: HKD 0.145
Transaction Features: Subsequent Direct Listing Valuation Update With 7 Day Price Move • Nov 25
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to HK$5.02, the stock trades at a trailing P/E ratio of 26.4x. Average trailing P/E is 28x in the Consumer Retailing industry in Hong Kong. Announcement • Nov 12
Jiangsu Horizon Chain Supermarket Company Limited has filed a Follow-on Equity Offering in the amount of HKD 62.131604 million. Jiangsu Horizon Chain Supermarket Company Limited has filed a Follow-on Equity Offering in the amount of HKD 62.131604 million.
Security Name: H Shares
Security Type: Common Stock
Securities Offered: 21,424,691
Price\Range: HKD 2.9
Discount Per Security: HKD 0.145
Transaction Features: Subsequent Direct Listing Valuation Update With 7 Day Price Move • Nov 05
Investor sentiment improves as stock rises 24% After last week's 24% share price gain to HK$3.98, the stock trades at a trailing P/E ratio of 21x. Average trailing P/E is 31x in the Consumer Retailing industry in Hong Kong. New Risk • Oct 17
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: HK$749.9m (US$96.5m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (7.7% operating cash flow to total debt). Share price has been highly volatile over the past 3 months (18% average weekly change). Minor Risks Less than 3 years of financial data is available. Market cap is less than US$100m (HK$749.9m market cap, or US$96.5m). Valuation Update With 7 Day Price Move • Oct 13
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to HK$6.39, the stock trades at a trailing P/E ratio of 33.7x. Average trailing P/E is 31x in the Consumer Retailing industry in Hong Kong. New Risk • Sep 25
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 Hong Kong stocks, typically moving 11% 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 (7.7% operating cash flow to total debt). Minor Risks Less than 3 years of financial data is available. Share price has been volatile over the past 3 months (11% average weekly change). Valuation Update With 7 Day Price Move • Sep 25
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to HK$4.71, the stock trades at a trailing P/E ratio of 24.8x. Average trailing P/E is 26x in the Consumer Retailing industry in Hong Kong. New Risk • Sep 17
New major risk - Financial position The company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 7.7% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (7.7% operating cash flow to total debt). Minor Risk Less than 3 years of financial data is available. Valuation Update With 7 Day Price Move • Sep 05
Investor sentiment improves as stock rises 27% After last week's 27% share price gain to HK$3.65, the stock trades at a trailing P/E ratio of 19.2x. Average trailing P/E is 29x in the Consumer Retailing industry in Hong Kong. Reported Earnings • Sep 03
First half 2025 earnings released First half 2025 results: EPS: CN¥0.067. Net income: CN¥12.5m (up CN¥12.5m from 1H 2024). Announcement • Aug 12
Jiangsu Horizon Chain Supermarket Company Limited to Report First Half, 2026 Results on Aug 28, 2025 Jiangsu Horizon Chain Supermarket Company Limited announced that they will report first half, 2026 results on Aug 28, 2025 Valuation Update With 7 Day Price Move • Aug 07
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to HK$3.11, the stock trades at a trailing P/E ratio of 14.3x. Average trailing P/E is 28x in the Consumer Retailing industry in Hong Kong. Announcement • May 08
Jiangsu Horizon Chain Supermarket Company Limited, Annual General Meeting, Jun 03, 2025 Jiangsu Horizon Chain Supermarket Company Limited, Annual General Meeting, Jun 03, 2025, at 09:30 China Standard Time. Location: shao bo town industrial park logistics park, jiangdu district, yangzhou city, jiangsu province, China Valuation Update With 7 Day Price Move • May 02
Investor sentiment improves as stock rises 33% After last week's 33% share price gain to HK$3.27, the stock trades at a trailing P/E ratio of 15.4x. Average trailing P/E is 24x in the Consumer Retailing industry in Hong Kong. Valuation Update With 7 Day Price Move • Apr 15
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to HK$2.51, the stock trades at a trailing P/E ratio of 11.9x. Average trailing P/E is 23x in the Consumer Retailing industry in Hong Kong. Board Change • Mar 31
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 8 non-independent directors. Non-Executive Director Yan Wei was the last director to join the board, commencing their role in 2024. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Mar 28
Jiangsu Horizon Chain Supermarket Company Limited has completed an IPO in the amount of HKD 133.905 million. Jiangsu Horizon Chain Supermarket Company Limited has completed an IPO in the amount of HKD 133.905 million.
Security Name: H Shares
Security Type: Common Stock
Securities Offered: 8,892,000
Price\Range: HKD 2.5
Discount Per Security: HKD 0.1125
Security Name: H Shares
Security Type: Common Stock
Securities Offered: 29,226,000
Price\Range: HKD 2.5
Discount Per Security: HKD 0.1125
Security Name: H Shares
Security Type: Common Stock
Securities Offered: 15,444,000
Price\Range: HKD 2.5
Discount Per Security: HKD 0.1125
Transaction Features: Regulation S 
