New Risk • Apr 17
New minor risk - Dividend sustainability The company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 2.5% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. 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 (8.6% average weekly change). New Risk • Apr 15
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 8.5% 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. Valuation Update With 7 Day Price Move • Apr 14
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to CN¥14.53, the stock trades at a trailing P/E ratio of 30.8x. Average trailing P/E is 34x in the Luxury industry in China. Total returns to shareholders of 269% over the past three years. Reported Earnings • Apr 08
Full year 2025 earnings released: EPS: CN¥0.47 (vs CN¥0.42 in FY 2024) Full year 2025 results: EPS: CN¥0.47 (up from CN¥0.42 in FY 2024). Revenue: CN¥5.21b (down 2.6% from FY 2024). Net income: CN¥428.4m (up 23% from FY 2024). Profit margin: 8.2% (up from 6.5% in FY 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has increased by 39% per year, which means it is tracking significantly ahead of earnings growth. Duyuru • Apr 08
Sunvim Group Co.,Ltd, Annual General Meeting, Apr 29, 2026 Sunvim Group Co.,Ltd, Annual General Meeting, Apr 29, 2026, at 14:30 China Standard Time. Location: The Company's Meeting Room, Gaomi, Shandong China Duyuru • Apr 02
Sunvim Group Co.,Ltd to Report Q1, 2026 Results on Apr 15, 2026 Sunvim Group Co.,Ltd announced that they will report Q1, 2026 results on Apr 15, 2026 Valuation Update With 7 Day Price Move • Mar 27
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to CN¥11.96, the stock trades at a trailing P/E ratio of 35.3x. Average trailing P/E is 32x in the Luxury industry in China. Total returns to shareholders of 181% over the past three years. Valuation Update With 7 Day Price Move • Jan 05
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥13.09, the stock trades at a trailing P/E ratio of 38.6x. Average trailing P/E is 34x in the Luxury industry in China. Total returns to shareholders of 172% over the past three years. Duyuru • Dec 31
Sunvim Group Co.,Ltd to Report Fiscal Year 2025 Results on Apr 08, 2026 Sunvim Group Co.,Ltd announced that they will report fiscal year 2025 results on Apr 08, 2026 Valuation Update With 7 Day Price Move • Dec 11
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to CN¥10.98, the stock trades at a trailing P/E ratio of 32.4x. Average trailing P/E is 32x in the Luxury industry in China. Total returns to shareholders of 135% over the past three years. Valuation Update With 7 Day Price Move • Nov 21
Investor sentiment deteriorates as stock falls 20% After last week's 20% share price decline to CN¥9.20, the stock trades at a trailing P/E ratio of 27.2x. Average trailing P/E is 34x in the Luxury industry in China. Total returns to shareholders of 104% over the past three years. New Risk • Nov 10
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 7.7% 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. Valuation Update With 7 Day Price Move • Nov 07
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to CN¥7.17, the stock trades at a trailing P/E ratio of 21.2x. Average trailing P/E is 33x in the Luxury industry in China. Total returns to shareholders of 62% over the past three years. Reported Earnings • Oct 24
Third quarter 2025 earnings released: EPS: CN¥0.052 (vs CN¥0.14 in 3Q 2024) Third quarter 2025 results: EPS: CN¥0.052 (down from CN¥0.14 in 3Q 2024). Revenue: CN¥1.25b (down 7.2% from 3Q 2024). Net income: CN¥50.2m (down 56% from 3Q 2024). Profit margin: 4.0% (down from 8.5% in 3Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Oct 20
Investor sentiment improves as stock rises 23% After last week's 23% share price gain to CN¥6.16, the stock trades at a trailing P/E ratio of 15x. Average trailing P/E is 34x in the Luxury industry in China. Total returns to shareholders of 40% over the past three years. Buy Or Sell Opportunity • Oct 13
Now 21% undervalued Over the last 90 days, the stock has risen 1.8% to CN¥5.00. The fair value is estimated to be CN¥6.33, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 20%. Duyuru • Sep 30
Sunvim Group Co.,Ltd to Report Q3, 2025 Results on Oct 24, 2025 Sunvim Group Co.,Ltd announced that they will report Q3, 2025 results on Oct 24, 2025 Reported Earnings • Aug 22
Second quarter 2025 earnings released: EPS: CN¥0.13 (vs CN¥0.16 in 2Q 2024) Second quarter 2025 results: EPS: CN¥0.13 (down from CN¥0.16 in 2Q 2024). Revenue: CN¥1.22b (down 9.5% from 2Q 2024). Net income: CN¥118.3m (down 9.8% from 2Q 2024). Profit margin: 9.7% (in line with 2Q 2024). Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Duyuru • Jul 02
Sunvim Group Co.,Ltd to Report First Half, 2025 Results on Aug 20, 2025 Sunvim Group Co.,Ltd announced that they will report first half, 2025 results on Aug 20, 2025 New Risk • Jun 14
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 21% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by cash flows (128% cash payout ratio). Shareholders have been diluted in the past year (21% increase in shares outstanding). Declared Dividend • May 19
Dividend of CN¥0.15 announced Shareholders will receive a dividend of CN¥0.15. Ex-date: 20th May 2025 Payment date: 20th May 2025 Dividend yield will be 6.2%, which is higher than the industry average of 3.3%. Sustainability & Growth Dividend is covered by earnings (68% earnings payout ratio) but not covered by cash flows (128% cash payout ratio). The dividend has increased by an average of 12% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 2.8% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Duyuru • May 14
Sunvim Group Co.,Ltd Announces Final Cash Dividend on A Shares for 2024, Payable on 20 May 2025 Sunvim Group Co.,Ltd announced final cash dividend of CNY 1.50000000 on A shares for 2024. Record date: 19 May 2025; Ex-date: 20 May 2025 and Payment date: 20 May 2025. Duyuru • Apr 10
Sunvim Group Co.,Ltd Proposes Final Cash Dividend for the Year 2024 Sunvim Group Co.,Ltd announced on 08 April 2025 the profit distribution proposal for 2024 as follows: Final Cash dividend/10 shares (tax included): CNY 1.50000000. Reported Earnings • Apr 08
Full year 2024 earnings released: EPS: CN¥0.42 (vs CN¥0.35 in FY 2023) Full year 2024 results: EPS: CN¥0.42 (up from CN¥0.35 in FY 2023). Revenue: CN¥5.35b (flat on FY 2023). Net income: CN¥347.9m (up 21% from FY 2023). Profit margin: 6.5% (up from 5.4% in FY 2023). Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Duyuru • Apr 08
Sunvim Group Co.,Ltd, Annual General Meeting, May 09, 2025 Sunvim Group Co.,Ltd, Annual General Meeting, May 09, 2025, at 14:30 China Standard Time. Location: The Company's Multi-functional Hall, Gaomi, Shandong China Duyuru • Mar 31
Sunvim Group Co.,Ltd to Report Q1, 2025 Results on Apr 22, 2025 Sunvim Group Co.,Ltd announced that they will report Q1, 2025 results on Apr 22, 2025 Duyuru • Dec 31
Sunvim Group Co.,Ltd to Report Fiscal Year 2024 Results on Apr 08, 2025 Sunvim Group Co.,Ltd announced that they will report fiscal year 2024 results on Apr 08, 2025 New Risk • Nov 04
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 5.7% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 1.5% per year over the past 5 years. Minor Risks High level of debt (45% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Shareholders have been diluted in the past year (5.7% increase in shares outstanding). Reported Earnings • Oct 22
Third quarter 2024 earnings released: EPS: CN¥0.14 (vs CN¥0.15 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.14 (down from CN¥0.15 in 3Q 2023). Revenue: CN¥1.35b (down 1.7% from 3Q 2023). Net income: CN¥115.0m (down 3.6% from 3Q 2023). Profit margin: 8.5% (down from 8.7% in 3Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth. Duyuru • Sep 30
Sunvim Group Co.,Ltd to Report Q3, 2024 Results on Oct 22, 2024 Sunvim Group Co.,Ltd announced that they will report Q3, 2024 results on Oct 22, 2024 Valuation Update With 7 Day Price Move • Sep 30
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to CN¥5.04, the stock trades at a trailing P/E ratio of 10.3x. Average trailing P/E is 21x in the Luxury industry in China. Total returns to shareholders of 40% over the past three years. Reported Earnings • Aug 08
Second quarter 2024 earnings released: EPS: CN¥0.16 (vs CN¥0.12 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.16 (up from CN¥0.12 in 2Q 2023). Revenue: CN¥1.35b (up 5.2% from 2Q 2023). Net income: CN¥131.1m (up 29% from 2Q 2023). Profit margin: 9.7% (up from 7.9% in 2Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. Duyuru • Jun 29
Sunvim Group Co.,Ltd to Report First Half, 2024 Results on Aug 09, 2024 Sunvim Group Co.,Ltd announced that they will report first half, 2024 results on Aug 09, 2024 New Risk • May 23
New major risk - Revenue and earnings growth Earnings have declined by 13% 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 13% per year over the past 5 years. Minor Risks High level of debt (43% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Duyuru • May 16
Sunvim Group Co.,Ltd Implements Final Cash Dividend on A Shares for 2023, Payable on 21 May 2024 Sunvim Group Co.,Ltd announced 2023 final profit distribution plan to be implemented (A shares) as Cash dividend/10 shares (tax included): CNY 1.00000000. Record date: 20 May 2024, Ex-date: 21 May 2024, Payment date: 21 May 2024. Duyuru • May 11
Sunvim Group Co.,Ltd Approves the Cash Dividend Sunvim Group Co.,Ltd at its Annual General Meeting of 2023 on 08 May 2024, approved the cash dividend/10 shares (tax included) of CNY 1.00000000. Reported Earnings • Apr 14
Full year 2023 earnings: EPS and revenues miss analyst expectations Full year 2023 results: EPS: CN¥0.35 (up from CN¥0.24 in FY 2022). Revenue: CN¥5.34b (up 1.8% from FY 2022). Net income: CN¥286.6m (up 41% from FY 2022). Profit margin: 5.4% (up from 3.9% in FY 2022). Revenue missed analyst estimates by 1.5%. Earnings per share (EPS) also missed analyst estimates by 16%. Revenue is forecast to grow 10% p.a. on average during the next 2 years, compared to a 15% growth forecast for the Luxury industry in China. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings. Duyuru • Apr 14
Sunvim Group Co.,Ltd Proposes Final Cash Dividend for the Year 2023 Sunvim Group Co.,Ltd proposed final cash dividend of CNY 1.00000000 per 10 shares (tax included) for the year 2023. Duyuru • Apr 13
Sunvim Group Co.,Ltd, Annual General Meeting, May 08, 2024 Sunvim Group Co.,Ltd, Annual General Meeting, May 08, 2024, at 14:30 China Standard Time. Location: The Company's Meeting Room, Gaomi, Shandong China Agenda: To consider 2023 work report of the board of directors; to consider 2023 work report of the supervisory committee; to consider 2023 annual report and its summary; and to transact such other business matters. Duyuru • Mar 30
Sunvim Group Co.,Ltd to Report Q1, 2024 Results on Apr 23, 2024 Sunvim Group Co.,Ltd announced that they will report Q1, 2024 results on Apr 23, 2024 Valuation Update With 7 Day Price Move • Feb 05
Investor sentiment deteriorates as stock falls 22% After last week's 22% share price decline to CN¥3.66, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 12x in the Luxury industry in China. Negligible returns to shareholders over past three years. Duyuru • Dec 29
Sunvim Group Co.,Ltd to Report Fiscal Year 2023 Results on Apr 12, 2024 Sunvim Group Co.,Ltd announced that they will report fiscal year 2023 results on Apr 12, 2024 Reported Earnings • Oct 24
Third quarter 2023 earnings released: EPS: CN¥0.15 (vs CN¥0.062 in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.15 (up from CN¥0.062 in 3Q 2022). Revenue: CN¥1.38b (up 8.5% from 3Q 2022). Net income: CN¥119.3m (up 128% from 3Q 2022). Profit margin: 8.7% (up from 4.1% in 3Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 9.9% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Luxury 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 2% per year. Duyuru • Oct 01
Sunvim Group Co.,Ltd to Report Q3, 2023 Results on Oct 24, 2023 Sunvim Group Co.,Ltd announced that they will report Q3, 2023 results on Oct 24, 2023 New Risk • Aug 03
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 3.0% Last year net profit margin: 5.2% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 18% per year over the past 5 years. Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (3.0% net profit margin). Reported Earnings • Aug 03
Second quarter 2023 earnings released: EPS: CN¥0.12 (vs CN¥0.17 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.12 (down from CN¥0.17 in 2Q 2022). Revenue: CN¥1.29b (down 1.5% from 2Q 2022). Net income: CN¥101.6m (down 18% from 2Q 2022). Profit margin: 7.9% (down from 9.5% in 2Q 2022). Over the last 3 years on average, earnings per share has fallen by 4% per year whereas the company’s share price has fallen by 5% per year. Duyuru • Jul 01
Sunvim Group Co.,Ltd to Report First Half, 2023 Results on Aug 03, 2023 Sunvim Group Co.,Ltd announced that they will report first half, 2023 results on Aug 03, 2023 Duyuru • May 18
Sunvim Group Co.,Ltd (SZSE:002083) announces an Equity Buyback for CNY 400 million worth of its shares. Sunvim Group Co.,Ltd (SZSE:002083) announces a share repurchase program. Under the program, the company will repurchase up to Under the program, the company will repurchase up to CNY 400 million worth of its shares. The program will be valid for 12 months. Reported Earnings • Apr 18
First quarter 2023 earnings released: EPS: CN¥0.03 (vs CN¥0.06 in 1Q 2022) First quarter 2023 results: EPS: CN¥0.03 (down from CN¥0.06 in 1Q 2022). Revenue: CN¥1.33b (down 5.8% from 1Q 2022). Net income: CN¥24.9m (down 53% from 1Q 2022). Profit margin: 1.9% (down from 3.8% in 1Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has fallen by 19% per year, which means it is performing significantly worse than earnings. Board Change • Nov 16
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 10 experienced directors. 2 highly experienced directors. 3 independent directors (8 non-independent directors). Chairman of the Supervisory Board Zongzhong Qi was the last director to join the board, commencing their role in 2011. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Oct 25
Third quarter 2022 earnings released: EPS: CN¥0.062 (vs CN¥0.10 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.062 (down from CN¥0.10 in 3Q 2021). Revenue: CN¥1.27b (down 2.5% from 3Q 2021). Net income: CN¥52.4m (down 34% from 3Q 2021). Profit margin: 4.1% (down from 6.1% in 3Q 2021). Over the last 3 years on average, earnings per share has fallen by 10% per year and the company’s share price has also fallen by 10% per year. Reported Earnings • Aug 11
Second quarter 2022 earnings released: EPS: CN¥0.17 (vs CN¥0.09 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.17 (up from CN¥0.09 in 2Q 2021). Revenue: CN¥1.30b (up 11% from 2Q 2021). Net income: CN¥123.6m (up 56% from 2Q 2021). Profit margin: 9.5% (up from 6.8% in 2Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 17% 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. Duyuru • May 20
Sunvim Group Co.,Ltd Announces Final Cash Dividend on A Shares for 2021, Payable on 25 May 2022 Sunvim Group Co.,Ltd. announced final cash dividend A Shares of CNY 3.00000000 per 10 shares for 2021. Record date is 24 May 2022, Ex-date is 25 May 2022 and Payment date is 25 May 2022. Duyuru • May 19
Sunvim Group Co.,Ltd Approves Cash Dividend for 2021 Sunvim Group Co.,Ltd approved cash dividend of CNY 3.00000000 (tax included) per 10 shares for 2021, at the Annual General Meeting of 2021 held on 16 May 2022. Reported Earnings • Apr 29
First quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind First quarter 2022 results: EPS: CN¥0.06 (down from CN¥0.10 in 1Q 2021). Revenue: CN¥1.41b (up 11% from 1Q 2021). Net income: CN¥53.2m (down 39% from 1Q 2021). Profit margin: 3.8% (down from 6.8% in 1Q 2021). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 3.8%. Earnings per share (EPS) missed analyst estimates by 12%. Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings. Duyuru • Apr 27
Sunvim Group Co.,Ltd Proposes Cash Dividend for 2021 Sunvim Group Co.,Ltd proposed cash dividend of CNY 3.00000000 (tax included) per 10 shares for 2021. Board Change • Apr 27
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 9 experienced directors. 3 highly experienced directors. 3 independent directors (6 non-independent directors). Chairman of the Supervisory Board Zongzhong Qi was the last director to join the board, commencing their role in 2011. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Valuation Update With 7 Day Price Move • Mar 15
Investor sentiment deteriorated over the past week After last week's 21% share price decline to CN¥4.07, the stock trades at a trailing P/E ratio of 13.6x. Average trailing P/E is 20x in the Luxury industry in China. Total loss to shareholders of 26% over the past three years. Valuation Update With 7 Day Price Move • Jan 06
Investor sentiment improved over the past week After last week's 16% share price gain to CN¥5.23, the stock trades at a trailing P/E ratio of 17.4x. Average trailing P/E is 23x in the Luxury industry in China. Total returns to shareholders of 6.5% over the past three years. Reported Earnings • Oct 26
Third quarter 2021 earnings released: EPS CN¥0.10 (vs CN¥0.088 in 3Q 2020) The company reported a solid third quarter result with improved earnings and revenues, although profit margins were weaker. Third quarter 2021 results: Revenue: CN¥1.30b (up 4.1% from 3Q 2020). Net income: CN¥79.0m (up 2.7% from 3Q 2020). Profit margin: 6.1% (down from 6.2% in 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 27% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings. Reported Earnings • Aug 10
Second quarter 2021 earnings released: EPS CN¥0.09 (vs CN¥0.054 in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CN¥1.18b (up 37% from 2Q 2020). Net income: CN¥79.5m (up 63% from 2Q 2020). Profit margin: 6.8% (up from 5.7% in 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings. Reported Earnings • Apr 25
First quarter 2021 earnings released: EPS CN¥0.10 (vs CN¥0.11 in 1Q 2020) The company reported a soft first quarter result with weaker earnings and profit margins, although revenues improved. First quarter 2021 results: Revenue: CN¥1.28b (up 9.5% from 1Q 2020). Net income: CN¥86.8m (down 9.3% from 1Q 2020). Profit margin: 6.8% (down from 8.2% in 1Q 2020). Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings. Duyuru • Mar 09
Sunvim Group Co.,Ltd to Report Fiscal Year 2020 Results on Apr 21, 2021 Sunvim Group Co.,Ltd announced that they will report fiscal year 2020 results on Apr 21, 2021 Is New 90 Day High Low • Feb 04
New 90-day low: CN¥3.95 The company is down 19% from its price of CN¥4.86 on 06 November 2020. The Chinese market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Luxury industry, which is down 14% over the same period. Is New 90 Day High Low • Jan 13
New 90-day low: CN¥4.30 The company is down 22% from its price of CN¥5.48 on 15 October 2020. The Chinese market is up 6.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Luxury industry, which is down 14% over the same period. Is New 90 Day High Low • Dec 16
New 90-day low: CN¥4.78 The company is down 5.0% from its price of CN¥5.05 on 17 September 2020. The Chinese market is up 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Luxury industry, which is down 2.0% over the same period. Is New 90 Day High Low • Nov 18
New 90-day high: CN¥5.63 The company is up 3.0% from its price of CN¥5.44 on 20 August 2020. The Chinese market is down 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Luxury industry, which is flat over the same period. Valuation Update With 7 Day Price Move • Nov 18
Market bids up stock over the past week After last week's 17% share price gain to CN¥5.63, the stock is trading at a trailing P/E ratio of 23.3x, up from the previous P/E ratio of 19.9x. This compares to an average P/E of 32x in the Luxury industry in China. Total return to shareholders over the past three years is a loss of 4.7%. Is New 90 Day High Low • Oct 30
New 90-day low: CN¥4.80 The company is down 11% from its price of CN¥5.40 on 31 July 2020. The Chinese market is down 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Luxury industry, which is down 1.0% over the same period. Reported Earnings • Oct 29
Third quarter earnings released Over the last 12 months the company has reported total profits of CN¥216.3m, down 52% from the prior year. Total revenue was CN¥4.50b over the last 12 months, down 12% from the prior year. Is New 90 Day High Low • Sep 25
New 90-day low: CN¥4.91 The company is down 8.0% from its price of CN¥5.36 on 24 June 2020. The Chinese market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Luxury industry, which is up 9.0% over the same period. Duyuru • Sep 18
Gaomi Huarong Industrial Development Co., Ltd. completed the acquisition of 18.72% stake in Sunvim Group Co.,Ltd (SZSE:002083). Gaomi Huarong Industrial Development Co., Ltd. signed a share transfer agreement to acquire 18.72% stake in Sunvim Group Co.,Ltd (SZSE:002083) for CNY 1.3 billion on June 17, 2020. Sunvim Holding Group will sell 170 million shares at CNY 7.5 per share.
Gaomi Huarong Industrial Development Co., Ltd. completed the acquisition of 18.72% stake in Sunvim Group Co.,Ltd (SZSE:002083) on September 15, 2020. Duyuru • Aug 14
Sunvim Group Co.,Ltd to Report First Half, 2020 Results on Aug 31, 2020 Sunvim Group Co.,Ltd announced that they will report first half, 2020 results on Aug 31, 2020 Duyuru • Jun 18
An unknown buyer agreed to acquire 18.7% stake in Sunvim Group Co.,Ltd (SZSE:002083) from the controlling shareholder for CNY 1.3 billion. An unknown buyer agreed to acquire 18.7% stake in Sunvim Group Co.,Ltd (SZSE:002083) from the controlling shareholder for CNY 1.3 billion on June 17, 2020. The seller will sell 170 million shares of Sunvim Group Co.,Ltd. 
