New Risk • Jul 13
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 9.1% 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 Dividend is not well covered by cash flows (98% cash payout ratio). Share price has been volatile over the past 3 months (9.1% average weekly change). Valuation Update With 7 Day Price Move • Jul 13
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to CN¥29.92, the stock trades at a trailing P/E ratio of 43.7x. Average trailing P/E is 46x in the Chemicals industry in China. Total returns to shareholders of 53% over the past three years. Tillkännagivande • Jun 30
Ningbo Runhe High-Tech Materials Co., Ltd. to Report First Half, 2026 Results on Aug 25, 2026 Ningbo Runhe High-Tech Materials Co., Ltd. announced that they will report first half, 2026 results on Aug 25, 2026 Valuation Update With 7 Day Price Move • Jun 04
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to CN¥31.90, the stock trades at a trailing P/E ratio of 46.6x. Average trailing P/E is 47x in the Chemicals industry in China. Total returns to shareholders of 58% over the past three years. Declared Dividend • May 27
Dividend of CN¥0.30 announced Shareholders will receive a dividend of CN¥0.30. Ex-date: 1st June 2026 Payment date: 1st June 2026 Dividend yield will be 0.8%, which is lower than the industry average of 2.6%. Sustainability & Growth Dividend is covered by earnings (44% earnings payout ratio) but not adequately covered by cash flows (98% cash payout ratio). The dividend has increased by an average of 22% per year over the past 8 years. However, payments have been volatile during that time. Earnings per share has grown by 11% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Reported Earnings • Apr 24
Full year 2025 earnings released: EPS: CN¥0.68 (vs CN¥0.58 in FY 2024) Full year 2025 results: EPS: CN¥0.68 (up from CN¥0.58 in FY 2024). Revenue: CN¥1.41b (up 6.2% from FY 2024). Net income: CN¥120.0m (up 25% from FY 2024). Profit margin: 8.5% (up from 7.2% 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 12% per year and the company’s share price has also increased by 12% per year. Tillkännagivande • Apr 24
Ningbo Runhe High-Tech Materials Co., Ltd., Annual General Meeting, May 15, 2026 Ningbo Runhe High-Tech Materials Co., Ltd., Annual General Meeting, May 15, 2026, at 14:30 China Standard Time. Location: The Company's Meeting Room, Ningbo, Zhejiang China Tillkännagivande • Mar 31
Ningbo Runhe High-Tech Materials Co., Ltd. to Report Q1, 2026 Results on Apr 28, 2026 Ningbo Runhe High-Tech Materials Co., Ltd. announced that they will report Q1, 2026 results on Apr 28, 2026 Tillkännagivande • Dec 31
Ningbo Runhe High-Tech Materials Co., Ltd. to Report Fiscal Year 2025 Results on Apr 24, 2026 Ningbo Runhe High-Tech Materials Co., Ltd. announced that they will report fiscal year 2025 results on Apr 24, 2026 Reported Earnings • Oct 24
Third quarter 2025 earnings released: EPS: CN¥0.21 (vs CN¥0.17 in 3Q 2024) Third quarter 2025 results: EPS: CN¥0.21 (up from CN¥0.17 in 3Q 2024). Revenue: CN¥350.2m (up 2.4% from 3Q 2024). Net income: CN¥37.5m (up 33% from 3Q 2024). Profit margin: 11% (up from 8.3% in 3Q 2024). Revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Chemicals industry in China. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has increased by 24% per year, which means it is tracking significantly ahead of earnings growth. Tillkännagivande • Sep 30
Ningbo Runhe High-Tech Materials Co., Ltd. to Report Q3, 2025 Results on Oct 24, 2025 Ningbo Runhe High-Tech Materials Co., Ltd. announced that they will report Q3, 2025 results on Oct 24, 2025 New Risk • Aug 18
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 8.1% 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 Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (8.1% average weekly change). Reported Earnings • Aug 15
Second quarter 2025 earnings released: EPS: CN¥0.31 (vs CN¥0.13 in 2Q 2024) Second quarter 2025 results: EPS: CN¥0.31 (up from CN¥0.13 in 2Q 2024). Revenue: CN¥357.2m (up 1.0% from 2Q 2024). Net income: CN¥33.6m (up 54% from 2Q 2024). Profit margin: 9.4% (up from 6.2% in 2Q 2024). Revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Chemicals industry in China. Over the last 3 years on average, earnings per share has increased by 5% per year whereas the company’s share price has increased by 8% per year. Valuation Update With 7 Day Price Move • Aug 11
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥33.02, the stock trades at a trailing P/E ratio of 59.1x. Average forward P/E is 24x in the Chemicals industry in China. Negligible returns to shareholders over past three years. Tillkännagivande • Jul 02
Ningbo Runhe High-Tech Materials Co., Ltd. to Report First Half, 2025 Results on Aug 12, 2025 Ningbo Runhe High-Tech Materials Co., Ltd. announced that they will report first half, 2025 results on Aug 12, 2025 Declared Dividend • May 18
Dividend increased to CN¥0.30 Dividend of CN¥0.30 is 50% higher than last year. Ex-date: 19th May 2025 Payment date: 19th May 2025 Dividend yield will be 1.0%, which is lower than the industry average of 2.6%. Sustainability & Growth Dividend is covered by earnings (39% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 21% per year over the past 7 years. However, payments have been volatile during that time. Earnings per share has grown by 16% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Tillkännagivande • Apr 22
Runhe MAT. Approves Cash Dividend for 2024 Runhe MAT. held its Annual General Meeting of 2024 on 18 April 2025, during which it approved Cash dividend of CNY 3.00000000 per ten shares (tax included) for 2024. Valuation Update With 7 Day Price Move • Apr 07
Investor sentiment deteriorates as stock falls 25% After last week's 25% share price decline to CN¥30.24, the stock trades at a trailing P/E ratio of 40.2x. Average forward P/E is 21x in the Chemicals industry in China. Total returns to shareholders of 37% over the past three years. Reported Earnings • Apr 02
Full year 2024 earnings released: EPS: CN¥0.75 (vs CN¥0.64 in FY 2023) Full year 2024 results: EPS: CN¥0.75 (up from CN¥0.64 in FY 2023). Revenue: CN¥1.33b (up 17% from FY 2023). Net income: CN¥96.2m (up 17% from FY 2023). Profit margin: 7.2% (in line with FY 2023). Revenue is forecast to grow 16% p.a. on average during the next 2 years, compared to a 15% growth forecast for the Chemicals industry in China. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 17% per year, which means it is well ahead of earnings. Tillkännagivande • Mar 31
Ningbo Runhe High-Tech Materials Co., Ltd. to Report Q1, 2025 Results on Apr 25, 2025 Ningbo Runhe High-Tech Materials Co., Ltd. announced that they will report Q1, 2025 results on Apr 25, 2025 Tillkännagivande • Mar 28
Ningbo Runhe High-Tech Materials Co., Ltd., Annual General Meeting, Apr 18, 2025 Ningbo Runhe High-Tech Materials Co., Ltd., Annual General Meeting, Apr 18, 2025, at 14:30 China Standard Time. Location: The Company's Meeting Room, Ningbo, Zhejiang China Valuation Update With 7 Day Price Move • Feb 21
Investor sentiment improves as stock rises 29% After last week's 29% share price gain to CN¥38.48, the stock trades at a trailing P/E ratio of 54.1x. Average forward P/E is 21x in the Chemicals industry in China. Total returns to shareholders of 34% over the past three years. New Risk • Dec 31
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 10% 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 Dividend is not well covered by cash flows (111% cash payout ratio). Share price has been volatile over the past 3 months (10% average weekly change). Tillkännagivande • Dec 31
Ningbo Runhe High-Tech Materials Co., Ltd. to Report Fiscal Year 2024 Results on Mar 28, 2025 Ningbo Runhe High-Tech Materials Co., Ltd. announced that they will report fiscal year 2024 results on Mar 28, 2025 Valuation Update With 7 Day Price Move • Dec 26
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to CN¥38.41, the stock trades at a trailing P/E ratio of 53.9x. Average forward P/E is 19x in the Chemicals industry in China. Total returns to shareholders of 47% over the past three years. Valuation Update With 7 Day Price Move • Dec 12
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to CN¥30.39, the stock trades at a trailing P/E ratio of 42.6x. Average forward P/E is 21x in the Chemicals industry in China. Total returns to shareholders of 6.4% over the past three years. Reported Earnings • Oct 25
Third quarter 2024 earnings released: EPS: CN¥0.22 (vs CN¥0.18 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.22 (up from CN¥0.18 in 3Q 2023). Revenue: CN¥341.9m (up 11% from 3Q 2023). Net income: CN¥28.2m (up 22% from 3Q 2023). Profit margin: 8.3% (up from 7.5% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Chemicals industry in China. Over the last 3 years on average, earnings per share has fallen by 3% per year whereas the company’s share price has fallen by 1% per year. New Risk • Sep 30
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 7.1% 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 Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (7.1% average weekly change). Tillkännagivande • Sep 30
Ningbo Runhe High-Tech Materials Co., Ltd. to Report Q3, 2024 Results on Oct 25, 2024 Ningbo Runhe High-Tech Materials Co., Ltd. announced that they will report Q3, 2024 results on Oct 25, 2024 Valuation Update With 7 Day Price Move • Sep 30
Investor sentiment improves as stock rises 26% After last week's 26% share price gain to CN¥25.89, the stock trades at a forward P/E ratio of 29x. Average forward P/E is 16x in the Chemicals industry in China. Total loss to shareholders of 7.2% over the past three years. Reported Earnings • Aug 23
Second quarter 2024 earnings released: EPS: CN¥0.17 (vs CN¥0.18 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.17 (down from CN¥0.18 in 2Q 2023). Revenue: CN¥353.8m (up 28% from 2Q 2023). Net income: CN¥21.8m (down 2.5% from 2Q 2023). Profit margin: 6.2% (down from 8.1% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Chemicals industry in China. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has fallen by 21% per year, which means it is performing significantly worse than earnings. Tillkännagivande • Jun 29
Ningbo Runhe High-Tech Materials Co., Ltd. to Report First Half, 2024 Results on Aug 23, 2024 Ningbo Runhe High-Tech Materials Co., Ltd. announced that they will report first half, 2024 results on Aug 23, 2024 Valuation Update With 7 Day Price Move • Jun 03
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to CN¥23.77, the stock trades at a forward P/E ratio of 29x. Average forward P/E is 17x in the Chemicals industry in China. Total loss to shareholders of 8.0% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥14.61 per share. Reported Earnings • Apr 25
First quarter 2024 earnings released: EPS: CN¥0.16 (vs CN¥0.12 in 1Q 2023) First quarter 2024 results: EPS: CN¥0.16 (up from CN¥0.12 in 1Q 2023). Revenue: CN¥297.9m (up 11% from 1Q 2023). Net income: CN¥19.9m (up 28% from 1Q 2023). Profit margin: 6.7% (up from 5.8% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 26% p.a. on average during the next 2 years, compared to a 16% growth forecast for the Chemicals industry in China. Over the last 3 years on average, earnings per share has increased by 2% per year and the company’s share price has also increased by 2% per year. Reported Earnings • Apr 20
Full year 2023 earnings: EPS exceeds analyst expectations while revenues lag behind Full year 2023 results: EPS: CN¥0.64 (down from CN¥0.71 in FY 2022). Revenue: CN¥1.14b (down 4.0% from FY 2022). Net income: CN¥82.2m (down 8.8% from FY 2022). Profit margin: 7.2% (down from 7.6% in FY 2022). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 5.5%. Earnings per share (EPS) exceeded analyst estimates by 15%. Revenue is forecast to grow 24% p.a. on average during the next 2 years, compared to a 16% growth forecast for the Chemicals industry in China. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Tillkännagivande • Apr 20
Ningbo Runhe High-Tech Materials Co., Ltd., Annual General Meeting, May 10, 2024 Ningbo Runhe High-Tech Materials Co., Ltd., Annual General Meeting, May 10, 2024, at 14:30 China Standard Time. Location: The Company's Meeting Room, Ningbo, Zhejiang China Valuation Update With 7 Day Price Move • Apr 16
Investor sentiment deteriorates as stock falls 20% After last week's 20% share price decline to CN¥20.09, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 15x in the Chemicals industry in China. Total loss to shareholders of 16% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥19.46 per share. Tillkännagivande • Mar 30
Ningbo Runhe High-Tech Materials Co., Ltd. to Report Q1, 2024 Results on Apr 24, 2024 Ningbo Runhe High-Tech Materials Co., Ltd. announced that they will report Q1, 2024 results on Apr 24, 2024 New Risk • Mar 12
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 Chinese stocks, typically moving 11% 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 Risk Share price has been highly volatile over the past 3 months (11% average weekly change). Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Valuation Update With 7 Day Price Move • Mar 12
Investor sentiment improves as stock rises 28% After last week's 28% share price gain to CN¥25.98, the stock trades at a trailing P/E ratio of 41.5x. Average forward P/E is 15x in the Chemicals industry in China. Negligible returns to shareholders over past three years. Buy Or Sell Opportunity • Mar 12
Now 33% overvalued Over the last 90 days, the stock has fallen 7.7% to CN¥25.98. The fair value is estimated to be CN¥19.47, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 15% over the last 3 years. Earnings per share has grown by 12%. Valuation Update With 7 Day Price Move • Feb 23
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥20.11, the stock trades at a trailing P/E ratio of 32.1x. Average forward P/E is 14x in the Chemicals industry in China. Total loss to shareholders of 29% over the past three years. New Risk • Feb 05
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 Chinese stocks, typically moving 8.4% 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 Risk Share price has been highly volatile over the past 3 months (8.4% average weekly change). Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Valuation Update With 7 Day Price Move • Jan 24
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to CN¥22.55, the stock trades at a trailing P/E ratio of 36x. Average forward P/E is 14x in the Chemicals industry in China. Total loss to shareholders of 27% over the past three years. Tillkännagivande • Dec 29
Ningbo Runhe High-Tech Materials Co., Ltd. to Report Fiscal Year 2023 Results on Apr 19, 2024 Ningbo Runhe High-Tech Materials Co., Ltd. announced that they will report fiscal year 2023 results on Apr 19, 2024 Valuation Update With 7 Day Price Move • Nov 09
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥28.99, the stock trades at a trailing P/E ratio of 46.3x. Average forward P/E is 16x in the Chemicals industry in China. Negligible returns to shareholders over past three years. Tillkännagivande • Sep 30
Ningbo Runhe High-Tech Materials Co., Ltd. to Report Q3, 2023 Results on Oct 26, 2023 Ningbo Runhe High-Tech Materials Co., Ltd. announced that they will report Q3, 2023 results on Oct 26, 2023 Tillkännagivande • Jul 06
Ningbo Runhe High-Tech Materials Co., Ltd. Announces Final Cash Dividend on A Shares for the Year 2022, Payable on July 10, 2023 Ningbo Runhe High-Tech Materials Co., Ltd. announced final cash dividend of CNY 1.60 per 10 shares on A shares for the year 2022. Record date is July 07, 2023, Ex-Date is July 10, 2023 and Payment Date is July 10, 2023. Tillkännagivande • Jul 01
Ningbo Runhe High-Tech Materials Co., Ltd. to Report First Half, 2023 Results on Aug 24, 2023 Ningbo Runhe High-Tech Materials Co., Ltd. announced that they will report first half, 2023 results on Aug 24, 2023 Tillkännagivande • May 19
Ningbo Runhe High-Tech Materials Co., Ltd. Approves Cash Dividend for 2022 Ningbo Runhe High-Tech Materials Co., Ltd. approved for 2022 Cash dividend/10 shares (tax included) of CNY 1.60000000 at its Annual General Meeting of 2022 on 17 May 2023. Valuation Update With 7 Day Price Move • Apr 24
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to CN¥39.90, the stock trades at a trailing P/E ratio of 54.4x. Average forward P/E is 15x in the Chemicals industry in China. Total returns to shareholders of 199% over the past three years. Valuation Update With 7 Day Price Move • Mar 24
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to CN¥36.06, the stock trades at a trailing P/E ratio of 49.1x. Average forward P/E is 16x in the Chemicals industry in China. Total returns to shareholders of 175% over the past three years. Valuation Update With 7 Day Price Move • Feb 14
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to CN¥32.31, the stock trades at a trailing P/E ratio of 44x. Average forward P/E is 17x in the Chemicals industry in China. Total returns to shareholders of 136% over the past three years. Valuation Update With 7 Day Price Move • Nov 07
Investor sentiment improved over the past week After last week's 15% share price gain to CN¥30.00, the stock trades at a trailing P/E ratio of 40.9x. Average trailing P/E is 28x in the Chemicals industry in China. Total returns to shareholders of 118% over the past three years. Reported Earnings • Oct 25
Third quarter 2022 earnings released: EPS: CN¥0.18 (vs CN¥0.25 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.18 (down from CN¥0.25 in 3Q 2021). Revenue: CN¥292.3m (down 1.9% from 3Q 2021). Net income: CN¥23.4m (down 27% from 3Q 2021). Profit margin: 8.0% (down from 11% in 3Q 2021). The decrease in margin was primarily driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has only increased by 23% per year, which means it is significantly lagging earnings growth. Reported Earnings • Aug 26
Second quarter 2022 earnings released: EPS: CN¥0.18 (vs CN¥0.15 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.18 (up from CN¥0.15 in 2Q 2021). Revenue: CN¥328.9m (up 31% from 2Q 2021). Net income: CN¥22.4m (up 21% from 2Q 2021). Profit margin: 6.8% (down from 7.4% 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 25% per year but the company’s share price has increased by 32% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Aug 15
Investor sentiment improved over the past week After last week's 28% share price gain to CN¥43.51, the stock trades at a trailing P/E ratio of 59.3x. Average trailing P/E is 30x in the Chemicals industry in China. Total returns to shareholders of 197% over the past three years. Valuation Update With 7 Day Price Move • Aug 01
Investor sentiment improved over the past week After last week's 15% share price gain to CN¥33.70, the stock trades at a trailing P/E ratio of 43.7x. Average trailing P/E is 29x in the Chemicals industry in China. Total returns to shareholders of 127% over the past three years. Tillkännagivande • Jun 14
Ningbo Runhe High-Tech Materials Co., Ltd. Announces Executive Appointments Ningbo Runhe High-Tech Materials Co., Ltd. at its EGM held on 10 June 2022 appointed Chai Yinchu, Xu Yingen and Liu Dingping as non-independent directors. Cao Xianjun appointed as independent director. Zheng Weihong and Wu Xinggang appointed as non-employee supervisors. Valuation Update With 7 Day Price Move • Jun 14
Investor sentiment improved over the past week After last week's 31% share price gain to CN¥31.09, the stock trades at a trailing P/E ratio of 40.3x. Average trailing P/E is 27x in the Chemicals industry in China. Total returns to shareholders of 83% over the past three years. Board Change • Jun 02
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. No highly experienced directors. Independent Director Jiagang Duan was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Tillkännagivande • May 17
Ningbo Runhe High-Tech Materials Co., Ltd. Announces Final Dividend on A Shares for the Year 2021, Payable on May 20, 2022 Ningbo Runhe High-Tech Materials Co., Ltd. announced final cash dividend/10 shares (tax included) of CNY 1.50000000 on A shares for the year 2021. Record date is May 19, 2022. Ex-date is May 20, 2022. Payment date is May 20, 2022. Reported Earnings • Apr 27
First quarter 2022 earnings released: EPS: CN¥0.20 (vs CN¥0.16 in 1Q 2021) First quarter 2022 results: EPS: CN¥0.20 (up from CN¥0.16 in 1Q 2021). Revenue: CN¥306.1m (up 21% from 1Q 2021). Net income: CN¥25.6m (up 23% from 1Q 2021). Profit margin: 8.4% (up from 8.2% in 1Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. Tillkännagivande • Apr 16
Ningbo Runhe High-Tech Materials Co., Ltd. Approves Cash Dividend for the Year 2021 Ningbo Runhe High-Tech Materials Co., Ltd. at the AGM held on April 14, 2022, approved cash dividend/10 shares (tax included) of CNY 1.50000000 for the year 2021. Valuation Update With 7 Day Price Move • Feb 08
Investor sentiment improved over the past week After last week's 15% share price gain to CN¥29.18, the stock trades at a trailing P/E ratio of 45.1x. Average trailing P/E is 31x in the Chemicals industry in China. Total returns to shareholders of 70% over the past three years. Reported Earnings • Oct 31
Third quarter 2021 earnings released: EPS CN¥0.25 (vs CN¥0.19 in 3Q 2020) The company reported a solid third quarter result with improved earnings and revenues, although profit margins were flat. Third quarter 2021 results: Revenue: CN¥298.0m (up 44% from 3Q 2020). Net income: CN¥31.9m (up 36% from 3Q 2020). Profit margin: 11% (in line with 3Q 2020). Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has increased by 12% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Oct 21
Investor sentiment improved over the past week After last week's 17% share price gain to CN¥32.80, the stock trades at a trailing P/E ratio of 56.5x. Average trailing P/E is 31x in the Chemicals industry in China. Total returns to shareholders of 63% over the past three years. Valuation Update With 7 Day Price Move • Sep 29
Investor sentiment deteriorated over the past week After last week's 18% share price decline to CN¥27.06, the stock trades at a trailing P/E ratio of 46.6x. Average trailing P/E is 31x in the Chemicals industry in China. Total returns to shareholders of 33% over the past three years. Valuation Update With 7 Day Price Move • Sep 03
Investor sentiment deteriorated over the past week After last week's 20% share price decline to CN¥34.60, the stock trades at a trailing P/E ratio of 65.4x. Average trailing P/E is 32x in the Chemicals industry in China. Total returns to shareholders of 69% over the past three years. Reported Earnings • Aug 29
Second quarter 2021 earnings released: EPS CN¥0.15 (vs CN¥0.10 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¥251.5m (up 68% from 2Q 2020). Net income: CN¥18.6m (up 50% from 2Q 2020). Profit margin: 7.4% (down from 8.3% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has increased by 24% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Jul 14
Investor sentiment improved over the past week After last week's 16% share price gain to CN¥40.15, the stock trades at a trailing P/E ratio of 75.9x. Average trailing P/E is 30x in the Chemicals industry in China. Total returns to shareholders of 35% over the past three years. Valuation Update With 7 Day Price Move • Jun 19
Investor sentiment improved over the past week After last week's 30% share price gain to CN¥34.43, the stock trades at a trailing P/E ratio of 65.1x. Average trailing P/E is 29x in the Chemicals industry in China. Total returns to shareholders of 22% over the past three years. Reported Earnings • Apr 17
First quarter 2021 earnings released: EPS CN¥0.16 (vs CN¥0.06 in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: CN¥252.4m (up 119% from 1Q 2020). Net income: CN¥20.7m (up 180% from 1Q 2020). Profit margin: 8.2% (up from 6.4% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 11% 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. Reported Earnings • Mar 26
Full year 2020 earnings released: EPS CN¥0.43 (vs CN¥0.40 in FY 2019) The company reported a solid full year result with improved earnings and revenues, although profit margins were weaker. Full year 2020 results: Revenue: CN¥711.5m (up 13% from FY 2019). Net income: CN¥54.2m (up 5.9% from FY 2019). Profit margin: 7.6% (down from 8.1% in FY 2019). The decrease in margin was driven by higher expenses. 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 2% per year, which means it has not declined as severely as earnings. Valuation Update With 7 Day Price Move • Mar 10
Investor sentiment deteriorated over the past week After last week's 18% share price decline to CN¥25.17, the stock is trading at a trailing P/E ratio of 66x, down from the previous P/E ratio of 80.2x. This compares to an average P/E of 35x in the Chemicals industry in China. Total return to shareholders over the past three years is a loss of 4.1%. Tillkännagivande • Mar 09
Ningbo Runhe High-Tech Materials Co., Ltd. to Report Fiscal Year 2020 Results on Apr 22, 2021 Ningbo Runhe High-Tech Materials Co., Ltd. announced that they will report fiscal year 2020 results on Apr 22, 2021 Valuation Update With 7 Day Price Move • Feb 23
Investor sentiment improved over the past week After last week's 19% share price gain to CN¥29.70, the stock is trading at a trailing P/E ratio of 77.9x, up from the previous P/E ratio of 65.5x. This compares to an average P/E of 37x in the Chemicals industry in China. Total returns to shareholders over the past three years are 25%. Valuation Update With 7 Day Price Move • Feb 05
Investor sentiment deteriorated over the past week After last week's 16% share price decline to CN¥24.30, the stock is trading at a trailing P/E ratio of 63.7x, down from the previous P/E ratio of 75.5x. This compares to an average P/E of 35x in the Chemicals industry in China. Total returns to shareholders over the past three years are 20%. Valuation Update With 7 Day Price Move • Jan 13
Investor sentiment deteriorated over the past week After last week's 16% share price decline to CN¥26.09, the stock is trading at a trailing P/E ratio of 68.4x, down from the previous P/E ratio of 81.6x. This compares to an average P/E of 34x in the Chemicals industry in China. Total return to shareholders over the past three years is a loss of 5.3%. Valuation Update With 7 Day Price Move • Jan 11
Investor sentiment deteriorated over the past week After last week's 20% share price decline to CN¥25.83, the stock is trading at a trailing P/E ratio of 67.8x, down from the previous P/E ratio of 84.7x. This compares to an average P/E of 35x in the Chemicals industry in China. Total returns to shareholders over the past three years are 7.3%. Is New 90 Day High Low • Nov 13
New 90-day high: CN¥35.42 The company is up 115% from its price of CN¥16.48 on 14 August 2020. The Chinese market is down 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Chemicals industry, which is up 5.0% over the same period. Valuation Update With 7 Day Price Move • Nov 12
Market bids up stock over the past week After last week's 24% share price gain to CN¥29.52, the stock is trading at a trailing P/E ratio of 77.4x, up from the previous P/E ratio of 62.4x. This compares to an average P/E of 39x in the Chemicals industry in China. Total returns to shareholders over the past year are 112%. Valuation Update With 7 Day Price Move • Oct 28
Market pulls back on stock over the past week After last week's 17% share price decline to CN¥25.00, the stock is trading at a trailing P/E ratio of 65.4x, down from the previous P/E ratio of 78.3x. This compares to an average P/E of 38x in the Chemicals industry in China. Total returns to shareholders over the past year are 74%. Reported Earnings • Oct 21
Third quarter earnings released Over the last 12 months the company has reported total profits of CN¥49.3m, down 12% from the prior year. Total revenue was CN¥644.9m over the last 12 months, up 3.2% from the prior year. Valuation Update With 7 Day Price Move • Oct 19
Market bids up stock over the past week After last week's 31% share price gain to CN¥23.17, the stock is trading at a trailing P/E ratio of 66.1x, up from the previous P/E ratio of 50.5x. This compares to an average P/E of 40x in the Chemicals industry in China. Total returns to shareholders over the past year are 58%. Is New 90 Day High Low • Oct 15
New 90-day high: CN¥18.93 The company is up 20% from its price of CN¥15.72 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 Chemicals industry, which is up 14% over the same period. Tillkännagivande • Aug 11
Ningbo Runhe High-Tech Materials Co., Ltd. to Report First Half, 2020 Results on Aug 27, 2020 Ningbo Runhe High-Tech Materials Co., Ltd. announced that they will report first half, 2020 results on Aug 27, 2020 
