Valuation Update With 7 Day Price Move • 3h
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to CN¥17.10, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 18x in the Chemicals industry in China. Total returns to shareholders of 26% over the past three years. Valuation Update With 7 Day Price Move • Jul 02
Investor sentiment deteriorates as stock falls 23% After last week's 23% share price decline to CN¥24.71, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 21x in the Chemicals industry in China. Total returns to shareholders of 89% over the past three years. Tillkännagivande • Jun 30
Jiangsu Changhai Composite Materials Co., Ltd to Report First Half, 2026 Results on Aug 22, 2026 Jiangsu Changhai Composite Materials Co., Ltd announced that they will report first half, 2026 results on Aug 22, 2026 Valuation Update With 7 Day Price Move • Jun 15
Investor sentiment improves as stock rises 23% After last week's 23% share price gain to CN¥27.26, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 21x in the Chemicals industry in China. Total returns to shareholders of 107% over the past three years. Valuation Update With 7 Day Price Move • May 27
Investor sentiment improves as stock rises 24% After last week's 24% share price gain to CN¥23.93, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 21x in the Chemicals industry in China. Total returns to shareholders of 89% over the past three years. Board Change • May 20
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. 6 experienced directors. 6 highly experienced directors. Independent Director Xin Guo was the last 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: Insufficient board refreshment. Tillkännagivande • Apr 03
Jiangsu Changhai Composite Materials Co., Ltd, Annual General Meeting, Apr 28, 2026 Jiangsu Changhai Composite Materials Co., Ltd, Annual General Meeting, Apr 28, 2026, at 14:30 China Standard Time. Location: The Company's Meeting Room, Changzhou, Jiangsu China Tillkännagivande • Mar 31
Jiangsu Changhai Composite Materials Co., Ltd to Report Q1, 2026 Results on Apr 24, 2026 Jiangsu Changhai Composite Materials Co., Ltd announced that they will report Q1, 2026 results on Apr 24, 2026 Tillkännagivande • Dec 31
Jiangsu Changhai Composite Materials Co., Ltd to Report Fiscal Year 2025 Results on Apr 03, 2026 Jiangsu Changhai Composite Materials Co., Ltd announced that they will report fiscal year 2025 results on Apr 03, 2026 Tillkännagivande • Sep 30
Jiangsu Changhai Composite Materials Co., Ltd to Report Q3, 2025 Results on Oct 30, 2025 Jiangsu Changhai Composite Materials Co., Ltd announced that they will report Q3, 2025 results on Oct 30, 2025 Tillkännagivande • Sep 16
Jiangsu Changhai Composite Materials Co., Ltd Approves Interim Dividend for 2025 Jiangsu Changhai Composite Materials Co. Ltd. held its 2nd Extraordinary General Meeting of 2025 on 12 September 2025, approved interim Cash dividend/10 shares (tax included): CNY1.00000000 for 2025. Tillkännagivande • Aug 21
Jiangsu Changhai Composite Materials Co., Ltd Proposes Interim Cash Dividend for 2025 Jiangsu Changhai Composite Materials Co. Ltd. at its EGM held on Sepetmebr 12, 2025 proposed interim Cash dividend per 10 shares (tax included) of CNY 1.00000000 for 2025. Tillkännagivande • Jul 02
Jiangsu Changhai Composite Materials Co., Ltd to Report First Half, 2025 Results on Aug 20, 2025 Jiangsu Changhai Composite Materials Co., Ltd announced that they will report first half, 2025 results on Aug 20, 2025 Tillkännagivande • Apr 22
Jiangsu Changhai Composite Materials Co., Ltd Proposes Final Cash Dividend for the Year 2024 Jiangsu Changhai Composite Materials Co. Ltd. announced on 21 April 2025 the profit distribution proposal for the year 2024 as final cash dividend/10 shares (tax included) of CNY 2.00000000. Tillkännagivande • Apr 20
Jiangsu Changhai Composite Materials Co., Ltd, Annual General Meeting, May 15, 2025 Jiangsu Changhai Composite Materials Co., Ltd, Annual General Meeting, May 15, 2025, at 14:30 China Standard Time. Location: The Company's Meeting Room, Changzhou, Jiangsu China Tillkännagivande • Mar 31
Jiangsu Changhai Composite Materials Co., Ltd to Report Q1, 2025 Results on Apr 28, 2025 Jiangsu Changhai Composite Materials Co., Ltd announced that they will report Q1, 2025 results on Apr 28, 2025 Tillkännagivande • Dec 31
Jiangsu Changhai Composite Materials Co., Ltd to Report Fiscal Year 2024 Results on Apr 19, 2025 Jiangsu Changhai Composite Materials Co., Ltd announced that they will report fiscal year 2024 results on Apr 19, 2025 Reported Earnings • Oct 26
Third quarter 2024 earnings released: EPS: CN¥0.20 (vs CN¥0.18 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.20 (up from CN¥0.18 in 3Q 2023). Revenue: CN¥679.0m (flat on 3Q 2023). Net income: CN¥80.4m (up 3.8% from 3Q 2023). Profit margin: 12% (in line with 3Q 2023). Revenue is forecast to grow 22% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Chemicals industry in China. Valuation Update With 7 Day Price Move • Oct 15
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to CN¥10.94, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 16x in the Chemicals industry in China. Total loss to shareholders of 19% over the past year. Valuation Update With 7 Day Price Move • Sep 30
Investor sentiment improves as stock rises 25% After last week's 25% share price gain to CN¥11.89, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 16x in the Chemicals industry in China. Total loss to shareholders of 11% over the past year. Tillkännagivande • Sep 30
Jiangsu Changhai Composite Materials Co., Ltd to Report Q3, 2024 Results on Oct 26, 2024 Jiangsu Changhai Composite Materials Co., Ltd announced that they will report Q3, 2024 results on Oct 26, 2024 Reported Earnings • Aug 23
Second quarter 2024 earnings released: EPS: CN¥0.18 (vs CN¥0.32 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.18 (down from CN¥0.32 in 2Q 2023). Revenue: CN¥642.7m (down 8.7% from 2Q 2023). Net income: CN¥71.3m (down 45% from 2Q 2023). Profit margin: 11% (down from 18% in 2Q 2023). Revenue is forecast to grow 21% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Chemicals industry in China. Tillkännagivande • Jun 29
Jiangsu Changhai Composite Materials Co., Ltd to Report First Half, 2024 Results on Aug 23, 2024 Jiangsu Changhai Composite Materials Co., Ltd announced that they will report first half, 2024 results on Aug 23, 2024 Declared Dividend • May 25
Dividend reduced to CN¥0.15 Dividend of CN¥0.15 is 25% lower than last year. Ex-date: 29th May 2024 Payment date: 29th May 2024 Dividend yield will be 1.3%, which is lower than the industry average of 2.6%. Sustainability & Growth Dividend is covered by earnings (23% 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 9.1% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 109% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Tillkännagivande • May 25
Jiangsu Changhai Composite Materials Co., Ltd Announces Final Cash Dividend on A Shares for the Year 2023, Payable on 29 May 2024 Jiangsu Changhai Composite Materials Co. Ltd. announced final cash dividend of CNY 1.50 per 10 shares (tax included) on A shares for the year 2023. Record date is 28 May 2024, Ex-date is 29 May 2024 and Payment Date is 29 May 2024. Tillkännagivande • Apr 19
Jiangsu Changhai Composite Materials Co., Ltd, Annual General Meeting, May 10, 2024 Jiangsu Changhai Composite Materials Co., Ltd, Annual General Meeting, May 10, 2024, at 14:00 China Standard Time. Location: The Company's Meeting Room, Changzhou, Jiangsu China Reported Earnings • Apr 18
Full year 2023 earnings released: EPS: CN¥0.72 (vs CN¥2.00 in FY 2022) Full year 2023 results: EPS: CN¥0.72 (down from CN¥2.00 in FY 2022). Revenue: CN¥2.61b (down 14% from FY 2022). Net income: CN¥296.1m (down 64% from FY 2022). Profit margin: 11% (down from 27% in FY 2022). The decrease in margin was primarily driven by lower revenue. Revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Chemicals industry in China. Tillkännagivande • Mar 30
Jiangsu Changhai Composite Materials Co., Ltd to Report Q1, 2024 Results on Apr 24, 2024 Jiangsu Changhai Composite Materials Co., Ltd announced that they will report Q1, 2024 results on Apr 24, 2024 Valuation Update With 7 Day Price Move • Feb 02
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to CN¥8.61, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 13x in the Chemicals industry in China. Tillkännagivande • Dec 30
Jiangsu Changhai Composite Materials Co., Ltd to Report Fiscal Year 2023 Results on Apr 18, 2024 Jiangsu Changhai Composite Materials Co., Ltd announced that they will report fiscal year 2023 results on Apr 18, 2024 Reported Earnings • Oct 26
Third quarter 2023 earnings released: EPS: CN¥0.18 (vs CN¥0.42 in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.18 (down from CN¥0.42 in 3Q 2022). Revenue: CN¥680.7m (down 10% from 3Q 2022). Net income: CN¥77.4m (down 56% from 3Q 2022). Profit margin: 11% (down from 23% in 3Q 2022). The decrease in margin was primarily driven by lower revenue. Revenue is forecast to grow 23% p.a. on average during the next 3 years, compared to a 19% growth forecast for the Chemicals industry in China. Tillkännagivande • Sep 30
Jiangsu Changhai Composite Materials Co., Ltd to Report Q3, 2023 Results on Oct 26, 2023 Jiangsu Changhai Composite Materials Co., Ltd announced that they will report Q3, 2023 results on Oct 26, 2023 Tillkännagivande • Jul 01
Jiangsu Changhai Composite Materials Co., Ltd to Report First Half, 2023 Results on Aug 18, 2023 Jiangsu Changhai Composite Materials Co., Ltd announced that they will report first half, 2023 results on Aug 18, 2023 Tillkännagivande • May 19
Jiangsu Changhai Composite Materials Co., Ltd Announces 2022 Final Profit Distribution Plan to Be Implemented (A Shares), Payment Date of 24 May 2023 Jiangsu Changhai Composite Materials Co. Ltd. announced 2022 final profit distribution plan to be implemented (A shares): Cash dividend/10 shares (tax included): CNY 2.00000000. Record date: 23 May 2023, Ex-date: 24 May 2023 and Payment date: 24 May 2023. 10% withholding tax on cash dividend will be deducted in CNY within the cash dividend receivable. Please refer to below details: Tax on cash dividend/10 shares: CNY0.20000000(10% x CNY2.00000000) Net cash dividend/10 shares after tax: CNY1.80000000(CNY2.00000000- CNY0.20000000). Reported Earnings • Apr 12
Full year 2022 earnings released: EPS: CN¥2.00 (vs CN¥1.40 in FY 2021) Full year 2022 results: EPS: CN¥2.00 (up from CN¥1.40 in FY 2021). Revenue: CN¥3.02b (up 20% from FY 2021). Net income: CN¥817.3m (up 43% from FY 2021). Profit margin: 27% (up from 23% in FY 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 19% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Chemicals industry in China. 
