Duyuru • Jul 15
BGT Group Co., Ltd. (SZSE:300774) announces an Equity Buyback for CNY 40 million worth of its shares. BGT Group Co., Ltd. (SZSE:300774) announces a share repurchase program. Under the program, the company will repurchase up to CNY 40 million worth of its class A shares. The shares will be repurchased at a purchase price of CNY 14 per share. The program will be sourced from company's own funds or self financing. The purpose of the program is ESOP and equity incentives. The shares not used will be cancelled. The program will be valid for 12 months. Board Change • Jun 08
Less than half of directors are independent There are 5 new directors who have joined the board in the last 3 years. Of these new board members, 4 were independent directors. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent Director Huifang Yu was the last independent director to join the board, commencing their role in 2024. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Declared Dividend • May 30
Dividend of CN¥0.025 announced Shareholders will receive a dividend of CN¥0.025. Ex-date: 2nd June 2026 Payment date: 2nd June 2026 Dividend yield will be 0.2%, which is lower than the industry average of 1.7%. Sustainability & Growth Dividend is covered by earnings (29% 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 decreased over the past 46 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to decline by 68% to shift the payout ratio to a potentially unsustainable range, which is more than the 28% EPS decline seen over the last 5 years. Duyuru • May 30
BGT Group Co., Ltd. Announces Final Profit Distribution Plan to Be Implemented on A Shares for the Year 2025, Payable on 02 June 2026 BGT Group Co., Ltd. announced final profit distribution plan to be implemented on A shares as cash dividend/10 shares (tax included) of CNY 0.25000000 for the year 2025, payable on 02 June 2026. Record date is 01 June 2026. Ex-date is 02 June 2026. Board Change • May 20
Less than half of directors are independent Following the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent Director Huifang Yu was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Duyuru • Mar 17
BGT Group Co., Ltd., Annual General Meeting, Apr 08, 2026 BGT Group Co., Ltd., Annual General Meeting, Apr 08, 2026, at 14:00 China Standard Time. Duyuru • Jun 26
BGT Group Co., Ltd. announced that it expects to receive CNY 1 billion in funding BGT Group Co., Ltd. announces a private placement to issue 122,629,100 shares at a The issue price will not be lower than 80% of the average trading price of the company's shares for gross proceeds of CNY 1,000,000,000 On June 24, 2025. The recipients of this issuance will be no more than 35 specific investors. After the completion of this issuance, the stocks subscribed by the subscribers cannot be transferred within 6 months from the end of the issuance. The final upper limit on the number of shares issued will be subject to the maximum number of shares approved for registration by the China Securities Regulatory Commission. Duyuru • May 17
BGT Group Co., Ltd. Approves Cash Dividend for 2024 BGT Group Co., Ltd. held its Annual General Meeting of 2024 on 13 May 2025, Cash dividend/10 shares (tax included): CNY 2.00000000 for 2024. Duyuru • Apr 22
BGT Group Co., Ltd. Proposes Final Cash Dividend for the Year 2024 BGT Group Co., Ltd. proposed final cash dividend/10 shares (tax included) of CNY 2.00000000 for the year 2024. Duyuru • Apr 21
BGT Group Co., Ltd., Annual General Meeting, May 13, 2025 BGT Group Co., Ltd., Annual General Meeting, May 13, 2025, at 14:30 China Standard Time. Reported Earnings • Oct 27
Third quarter 2024 earnings released: EPS: CN¥0.046 (vs CN¥0.041 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.046 (up from CN¥0.041 in 3Q 2023). Revenue: CN¥120.9m (up 19% from 3Q 2023). Net income: CN¥19.0m (up 14% from 3Q 2023). Profit margin: 16% (in line with 3Q 2023). Revenue is forecast to grow 21% p.a. on average during the next 3 years, compared to a 19% growth forecast for the Commercial Services industry in China. Duyuru • Oct 18
BGT Group Co., Ltd. Announces Board Elections BGT Group Co., Ltd. at the EGM held on 14 October 2024, approved the election of Wang Zhiwen as non-independent directors. The company elected Wang Lei and Yu Huifang and Zhang Nengkun as independent director. Board Change • Oct 16
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 4 highly experienced directors. No independent directors (4 non-independent directors). CFO & Director Lei Zhang was the last director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Valuation Update With 7 Day Price Move • Oct 15
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to CN¥8.93, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 15x in the Commercial Services industry in China. Total loss to shareholders of 16% over the past 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 7.2% 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 (306% cash payout ratio). Share price has been volatile over the past 3 months (7.2% average weekly change). Valuation Update With 7 Day Price Move • Sep 30
Investor sentiment improves as stock rises 33% After last week's 33% share price gain to CN¥9.38, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 14x in the Commercial Services industry in China. Total loss to shareholders of 14% over the past year. Duyuru • Sep 12
BGT Group Co., Ltd. Announces Interim Cash Dividend of the Year 2024 of A Shares, Payable on 20 September 2024 BGT Group Co., Ltd. announced interim cash dividend/10 shares (tax included) of CNY 1.00000000 for year 2024 of A shares. Record date is 19 September 2024. Ex-date is 20 September 2024. Payment date is 20 September 2024. Duyuru • Sep 06
Bgt Group Co., Ltd. Announces 2024 Interim Profit Distribution Plan Cash Dividend BGT Group Co., Ltd. at its 1st Extraordinary General Meeting of 2024 on 04 September 2024, during which the following proposal was/were approved: 2024 interim profit distribution plan Cash dividend/10 shares (tax included): CNY 1.00000000. Duyuru • Aug 21
BGT Group Co., Ltd. Proposes Dividend for the First Half of 2024 BGT Group Co., Ltd. announced on 20 August 2024 the profit distribution proposal for the first half of 2024 as follows:1. Cash dividend per 10 shares (tax included): CNY 1.00000000. Reported Earnings • Aug 20
Second quarter 2024 earnings released: EPS: CN¥0.27 (vs CN¥0.16 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.27 (up from CN¥0.16 in 2Q 2023). Revenue: CN¥389.8m (up 41% from 2Q 2023). Net income: CN¥109.5m (up 72% from 2Q 2023). Profit margin: 28% (up from 23% in 2Q 2023). The increase in margin was driven by higher revenue. New Risk • Jul 16
New major risk - Revenue and earnings growth Earnings have declined by 22% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 22% per year over the past 5 years. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Reported Earnings • Apr 27
Full year 2023 earnings released: EPS: CN¥0.25 (vs CN¥0.08 in FY 2022) Full year 2023 results: EPS: CN¥0.25 (up from CN¥0.08 in FY 2022). Revenue: CN¥653.1m (down 22% from FY 2022). Net income: CN¥104.0m (up 216% from FY 2022). Profit margin: 16% (up from 3.9% in FY 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 39% p.a. on average during the next 2 years, compared to a 19% growth forecast for the Commercial Services industry in China. Valuation Update With 7 Day Price Move • Apr 17
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to CN¥6.92, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 12x in the Commercial Services industry in China. Total loss to shareholders of 44% over the past year. Duyuru • Apr 11
BGT Group Co., Ltd. to Report Fiscal Year 2023 Results on Apr 27, 2024 BGT Group Co., Ltd. announced that they will report fiscal year 2023 results on Apr 27, 2024 Valuation Update With 7 Day Price Move • Feb 02
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to CN¥7.47, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 12x in the Commercial Services industry in China. Reported Earnings • Oct 20
Third quarter 2023 earnings released: EPS: CN¥0.041 (vs CN¥0.096 in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.041 (down from CN¥0.096 in 3Q 2022). Revenue: CN¥101.5m (down 41% from 3Q 2022). Net income: CN¥16.6m (down 58% from 3Q 2022). Profit margin: 16% (down from 23% in 3Q 2022). Revenue is forecast to grow 22% p.a. on average during the next 3 years, compared to a 22% growth forecast for the Commercial Services industry in China. New Risk • Oct 06
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 6.0% 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: Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (6.0% average weekly change). Profit margins are more than 30% lower than last year (7.2% net profit margin). New Risk • Aug 26
New major risk - Financial data availability The company's latest financial reports are more than a year old. Last reported fiscal period ended June 2022. This is considered a major 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. In the worst case scenario, it may be facing other major going concern issues jeopardizing its viability as a listed company. Currently, the following risks have been identified for the company: Major Risks Latest financial reports are more than 1 year old (reported June 2022 fiscal period end). High level of non-cash earnings (25% accrual ratio). Minor Risk Short dividend paying track record (1 year of continuous dividend payments). Duyuru • Jun 14
BGT Group Co., Ltd. Announces 2022 Final Profit Distribution Plan to Be Implemented (A Shares), Payable on 21 June 2023 BGT Group Co., Ltd. announced 2022 final profit distribution plan to be implemented (A shares): Cash dividend/10 shares (tax included): CNY 1.00000000. Record date: 20 June 2023, Ex-date: 21 June 2023, Payment date: 21 June 2023. Valuation Update With 7 Day Price Move • Apr 25
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to CN¥10.65, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 21x in the Commercial Services industry in China.