Announcement • May 01
Zhongmiao Holdings (Qingdao) Co., Ltd., Annual General Meeting, May 28, 2026 Zhongmiao Holdings (Qingdao) Co., Ltd., Annual General Meeting, May 28, 2026, at 14:00 China Standard Time. Location: conference room of the company, zhongxin building, no. 1, haier road, laoshan district, qingdao, shandong China Reported Earnings • Apr 29
Full year 2025 earnings released: EPS: CN¥0.37 (vs CN¥0.39 in FY 2024) Full year 2025 results: EPS: CN¥0.37. Revenue: CN¥248.1m (up 21% from FY 2024). Net income: CN¥51.7m (up 11% from FY 2024). Profit margin: 21% (down from 23% in FY 2024). The decrease in margin was driven by higher expenses. Valuation Update With 7 Day Price Move • Apr 10
Investor sentiment deteriorates as stock falls 30% After last week's 30% share price decline to HK$31.98, the stock trades at a trailing P/E ratio of 76.1x. Average trailing P/E is 6x in the Insurance industry in Hong Kong. Total returns to shareholders of 103% over the past year. Declared Dividend • Apr 01
Dividend of CN¥0.16 announced Shareholders will receive a dividend of CN¥0.16. Ex-date: 1st June 2026 Payment date: 26th June 2026 Dividend yield will be 0.4%, which is lower than the industry average of 4.8%. Reported Earnings • Mar 28
Full year 2025 earnings released: EPS: CN¥0.37 (vs CN¥0.39 in FY 2024) Full year 2025 results: EPS: CN¥0.37. Revenue: CN¥248.1m (up 21% from FY 2024). Net income: CN¥51.7m (up 11% from FY 2024). Profit margin: 21% (down from 23% in FY 2024). The decrease in margin was driven by higher expenses. New Risk • Mar 24
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2025. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (34% average weekly change). High level of non-cash earnings (21% accrual ratio). Minor Risk Latest financial reports are more than 6 months old (reported June 2025 fiscal period end). Announcement • Mar 17
Zhongmiao Holdings (Qingdao) Co., Ltd. to Report Fiscal Year 2025 Results on Mar 27, 2026 Zhongmiao Holdings (Qingdao) Co., Ltd. announced that they will report fiscal year 2025 results on Mar 27, 2026 New Risk • Feb 09
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 Hong Kong stocks, typically moving 29% 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 (29% average weekly change). High level of non-cash earnings (21% accrual ratio). Valuation Update With 7 Day Price Move • Feb 05
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to HK$19.98, the stock trades at a trailing P/E ratio of 50x. Average trailing P/E is 10x in the Insurance industry in Hong Kong. Total returns to shareholders of 68% over the past year. Valuation Update With 7 Day Price Move • Dec 01
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to HK$14.30, the stock trades at a trailing P/E ratio of 36.6x. Average trailing P/E is 8x in the Insurance industry in Hong Kong. Total returns to shareholders of 68% over the past year. Valuation Update With 7 Day Price Move • Oct 22
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to HK$15.68, the stock trades at a trailing P/E ratio of 40.5x. Average trailing P/E is 9x in the Insurance industry in Hong Kong. Total returns to shareholders of 139% over the past year. Valuation Update With 7 Day Price Move • Oct 06
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to HK$16.11, the stock trades at a trailing P/E ratio of 41.5x. Average trailing P/E is 8x in the Insurance industry in Hong Kong. Total returns to shareholders of 156% over the past year. Reported Earnings • Sep 02
First half 2025 earnings released: EPS: CN¥0.18 (vs CN¥0.20 in 1H 2024) First half 2025 results: EPS: CN¥0.18. Revenue: CN¥113.6m (up 28% from 1H 2024). Net income: CN¥25.1m (up 16% from 1H 2024). Profit margin: 22% (down from 24% in 1H 2024). The decrease in margin was driven by higher expenses. Announcement • Aug 23
Zhongmiao Holdings (Qingdao) Co., Ltd. (SEHK:1471) agreed to acquire 55% stake in Beijing Kechuang Rongxin Technology Co., Ltd. from Li Yanbai and Chai Hong for CNY 165 million. Zhongmiao Holdings (Qingdao) Co., Ltd. (SEHK:1471) agreed to acquire 55% stake in Beijing Kechuang Rongxin Technology Co., Ltd. from Li Yanbai and Chai Hong for CNY 165 million on August 22, 2025. A cash consideration of CNY 165 million will be paid by Zhongmiao Holdings (Qingdao) Co., Ltd. As part of consideration, CNY 165 million is paid towards common equity of Beijing Kechuang Rongxin Technology Co., Ltd. Announcement • Aug 19
Zhongmiao Holdings (Qingdao) Co., Ltd. to Report First Half, 2025 Results on Aug 29, 2025 Zhongmiao Holdings (Qingdao) Co., Ltd. announced that they will report first half, 2025 results on Aug 29, 2025 Valuation Update With 7 Day Price Move • Jun 27
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to HK$16.00, the stock trades at a trailing P/E ratio of 44.2x. Average trailing P/E is 9x in the Insurance industry in Hong Kong. Announcement • Jun 07
Zhongmiao Holdings (Qingdao) Co., Ltd. Approves Final Dividend for the Year Ended 31 December 2024, Payable on or Around 30 June 2025 Zhongmiao Holdings (Qingdao) Co., Ltd. at its AGM held on June 6, 2025, approved to distribute a dividend for the year ended 31 December 2024 of RMB 0.135 in cash per Share (inclusive of tax) to Shareholders (the "Final Dividend") to the Shareholders
whose names appear on the register of members of the Company on 13 June 2025. The Final Dividend will be distributed on or around 30 June 2025 and denominated and announced in RMB, of which Domestic Shareholders will be paid in RMB and H Shareholders will be paid in HK dollars. The Final Dividend payable to each H Share is calculated at the average benchmark exchange rate of RMB against HK dollars (that is RMB 0.916142: HKD 1.00) published by the People's Bank of China for five working days prior to the date of the AGM. Accordingly, the cash dividend per H Shares is approximately HKD 0.147357 (inclusive of
tax). For H Shareholders, the Company would pay the declared Final Dividend to the receiving agent for their onward payment to H Shareholders. The dividend is expected to be paid to the relevant Shareholders by the receiving agent on or around 30 June 2025, and the relevant cheques will be despatched on the same day to H Shareholders who are entitled to receive such dividend by ordinary post while the risk of the delivery shall be borne by the receivers. Announcement • May 17
Zhongmiao Holdings (Qingdao) Co., Ltd., Annual General Meeting, Jun 06, 2025 Zhongmiao Holdings (Qingdao) Co., Ltd., Annual General Meeting, Jun 06, 2025, at 15:00 China Standard Time. Location: conference room of the company, zhongxin building, no. 1, haier road, laoshan district, shandong, qingdao China Valuation Update With 7 Day Price Move • Apr 09
Investor sentiment deteriorates as stock falls 21% After last week's 21% share price decline to HK$14.70, the stock trades at a trailing P/E ratio of 42.1x. Average trailing P/E is 7x in the Insurance industry in Hong Kong. Reported Earnings • Mar 30
Full year 2024 earnings released: EPS: CN¥0.39 (vs CN¥0.39 in FY 2023) Full year 2024 results: EPS: CN¥0.39 (up from CN¥0.39 in FY 2023). Revenue: CN¥205.8m (up 18% from FY 2023). Net income: CN¥46.7m (up 16% from FY 2023). Profit margin: 23% (in line with FY 2023). Announcement • Mar 18
Zhongmiao Holdings (Qingdao) Co., Ltd. to Report Fiscal Year 2024 Results on Mar 28, 2025 Zhongmiao Holdings (Qingdao) Co., Ltd. announced that they will report fiscal year 2024 results on Mar 28, 2025 Valuation Update With 7 Day Price Move • Mar 14
Investor sentiment improves as stock rises 24% After last week's 24% share price gain to HK$16.00, the stock trades at a trailing P/E ratio of 50.8x. Average trailing P/E is 8x in the Insurance industry in Hong Kong. New Risk • Jan 08
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 Hong Kong stocks, typically moving 16% 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. Valuation Update With 7 Day Price Move • Jan 08
Investor sentiment deteriorates as stock falls 22% After last week's 22% share price decline to HK$8.73, the stock trades at a trailing P/E ratio of 28x. Average trailing P/E is 7x in the Insurance industry in Hong Kong. Valuation Update With 7 Day Price Move • Dec 09
Investor sentiment improves as stock rises 28% After last week's 28% share price gain to HK$11.02, the stock trades at a trailing P/E ratio of 35.1x. Average trailing P/E is 8x in the Insurance industry in Hong Kong. New Risk • Nov 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 Hong Kong stocks, typically moving 13% 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. Buy Or Sell Opportunity • Nov 22
Now 37% overvalued after recent price rise Over the last 90 days, the stock has risen 46% to HK$9.73. The fair value is estimated to be HK$7.08, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last year. Earnings per share has declined by 6.9%. Reported Earnings • Sep 29
First half 2024 earnings released First half 2024 results: EPS: CN¥0.20. Net income: CN¥21.6m (up CN¥21.6m from 1H 2023). Buy Or Sell Opportunity • Sep 23
Now 14% undervalued The stock has been flat over the last 90 days, currently trading at HK$7.19. The fair value is estimated to be HK$8.33, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last year. Earnings per share has declined by 6.9%. Valuation Update With 7 Day Price Move • Sep 23
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to HK$7.19, the stock trades at a trailing P/E ratio of 22.2x. Average trailing P/E is 8x in the Insurance industry in Hong Kong. Reported Earnings • Aug 30
First half 2024 earnings released First half 2024 results: EPS: CN¥0.20. Net income: CN¥21.6m (up CN¥21.6m from 1H 2023). Announcement • Aug 15
Zhongmiao Holdings (Qingdao) Co., Ltd. to Report First Half, 2024 Results on Aug 26, 2024 Zhongmiao Holdings (Qingdao) Co., Ltd. announced that they will report first half, 2024 results on Aug 26, 2024 Announcement • Aug 06
Zhongmiao Holdings (Qingdao) Co., Ltd. has completed an IPO in the amount of HKD 247.1 million. Zhongmiao Holdings (Qingdao) Co., Ltd. has completed an IPO in the amount of HKD 247.1 million.
Security Name: H Shares
Security Type: Common Stock
Securities Offered: 4,357,000
Price\Range: HKD 7
Discount Per Security: HKD 0.21
Security Name: H Shares
Security Type: Common Stock
Securities Offered: 24,338,500
Price\Range: HKD 7
Discount Per Security: HKD 0.21
Security Name: H Shares
Security Type: Common Stock
Securities Offered: 6,604,500
Price\Range: HKD 7
Discount Per Security: HKD 0.21
Transaction Features: Regulation S; Sponsor Backed Offering