Buy Or Sell Opportunity • May 25
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 11% to CN¥9.38. The fair value is estimated to be CN¥11.85, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 7.6% over the last 3 years. Earnings per share has declined by 60%. Revenue is forecast to grow by 14% in 2 years. Earnings are forecast to grow by 232% in the next 2 years. Duyuru • Mar 31
Joyoung Co.,Ltd to Report Q1, 2026 Results on Apr 30, 2026 Joyoung Co.,Ltd announced that they will report Q1, 2026 results on Apr 30, 2026 Duyuru • Mar 26
Joyoung Co.,Ltd, Annual General Meeting, Apr 21, 2026 Joyoung Co.,Ltd, Annual General Meeting, Apr 21, 2026, at 15:00 China Standard Time. Location: No. 760, Yinhai Street, Xiasha Subdistrict, Qiantang District, Hangzhou, Zhejiang China Duyuru • Dec 31
Joyoung Co.,Ltd to Report Fiscal Year 2025 Results on Mar 28, 2026 Joyoung Co.,Ltd announced that they will report fiscal year 2025 results on Mar 28, 2026 Duyuru • Sep 30
Joyoung Co.,Ltd to Report Q3, 2025 Results on Oct 28, 2025 Joyoung Co.,Ltd announced that they will report Q3, 2025 results on Oct 28, 2025 Duyuru • Jul 02
Joyoung Co.,Ltd to Report First Half, 2025 Results on Aug 30, 2025 Joyoung Co.,Ltd announced that they will report first half, 2025 results on Aug 30, 2025 Duyuru • Apr 23
Joyoung Co.,Ltd Approves Cash Dividend for 2024 Joyoung Co.,Ltd, at its Annual General Meeting held on 21 April 2025 approved cash dividend of CNY 1.50000000 per 10 shares (tax included) for 2024. Duyuru • Mar 31
Joyoung Co.,Ltd to Report Q1, 2025 Results on Apr 30, 2025 Joyoung Co.,Ltd announced that they will report Q1, 2025 results on Apr 30, 2025 Duyuru • Mar 28
Joyoung Co.,Ltd, Annual General Meeting, Apr 21, 2025 Joyoung Co.,Ltd, Annual General Meeting, Apr 21, 2025, at 15:00 China Standard Time. Location: The Company's Meeting Room, Hangzhou, Zhejiang China Duyuru • Dec 31
Joyoung Co.,Ltd to Report Fiscal Year 2024 Results on Mar 28, 2025 Joyoung Co.,Ltd announced that they will report fiscal year 2024 results on Mar 28, 2025 Valuation Update With 7 Day Price Move • Nov 08
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥11.61, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 16x in the Consumer Durables industry in China. Total loss to shareholders of 43% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥9.14 per share. Reported Earnings • Oct 31
Third quarter 2024 earnings released: CN¥0.10 loss per share (vs CN¥0.16 profit in 3Q 2023) Third quarter 2024 results: CN¥0.10 loss per share (down from CN¥0.16 profit in 3Q 2023). Revenue: CN¥1.80b (down 27% from 3Q 2023). Net loss: CN¥77.3m (down 167% from profit in 3Q 2023). Revenue is forecast to grow 9.0% p.a. on average during the next 3 years, compared to a 8.2% growth forecast for the Consumer Durables industry in China. Over the last 3 years on average, earnings per share has fallen by 41% per year but the company’s share price has only fallen by 24% per year, which means it has not declined as severely as earnings. Buy Or Sell Opportunity • Oct 28
Now 22% overvalued after recent price rise Over the last 90 days, the stock has risen 8.5% to CN¥11.09. The fair value is estimated to be CN¥9.09, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 5.3% over the last 3 years. Earnings per share has declined by 36%. Revenue is forecast to grow by 12% in 2 years. Earnings are forecast to grow by 55% in the next 2 years. Valuation Update With 7 Day Price Move • Sep 30
Investor sentiment improves as stock rises 24% After last week's 24% share price gain to CN¥11.47, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 14x in the Consumer Durables industry in China. Total loss to shareholders of 40% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥9.03 per share. Buy Or Sell Opportunity • Sep 30
Now 27% overvalued after recent price rise Over the last 90 days, the stock has risen 9.9% to CN¥11.47. The fair value is estimated to be CN¥9.03, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 5.3% over the last 3 years. Earnings per share has declined by 36%. Revenue is forecast to grow by 12% in 2 years. Earnings are forecast to grow by 55% in the next 2 years. Duyuru • Sep 30
Joyoung Co.,Ltd to Report Q3, 2024 Results on Oct 31, 2024 Joyoung Co.,Ltd announced that they will report Q3, 2024 results on Oct 31, 2024 Reported Earnings • Aug 31
Second quarter 2024 earnings released: EPS: CN¥0.06 (vs CN¥0.17 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.06 (down from CN¥0.17 in 2Q 2023). Revenue: CN¥2.32b (down 4.3% from 2Q 2023). Net income: CN¥45.4m (down 64% from 2Q 2023). Profit margin: 2.0% (down from 5.2% in 2Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 7.8% p.a. on average during the next 3 years, compared to a 8.4% growth forecast for the Consumer Durables industry in China. Over the last 3 years on average, earnings per share has fallen by 36% per year but the company’s share price has only fallen by 23% per year, which means it has not declined as severely as earnings. Buy Or Sell Opportunity • Jul 01
Now 10% overvalued after recent price rise Over the last 90 days, the stock has risen 1.4% to CN¥10.68. The fair value is estimated to be CN¥9.68, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 6.3% over the last 3 years. Earnings per share has declined by 35%. Revenue is forecast to grow by 15% in 2 years. Earnings are forecast to grow by 43% in the next 2 years. Duyuru • Jun 29
Joyoung Co.,Ltd to Report First Half, 2024 Results on Aug 30, 2024 Joyoung Co.,Ltd announced that they will report first half, 2024 results on Aug 30, 2024 Buy Or Sell Opportunity • Jun 26
Now 21% overvalued The stock has been flat over the last 90 days, currently trading at CN¥10.98. The fair value is estimated to be CN¥9.09, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 6.3% over the last 3 years. Earnings per share has declined by 35%. Revenue is forecast to grow by 15% in 2 years. Earnings are forecast to grow by 43% in the next 2 years. Declared Dividend • May 18
Dividend of CN¥0.15 announced Shareholders will receive a dividend of CN¥0.15. Ex-date: 23rd May 2024 Payment date: 23rd May 2024 Dividend yield will be 1.2%, which is lower than the industry average of 3.7%. Sustainability & Growth Dividend is well covered by both earnings (28% earnings payout ratio) and cash flows (16% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 49% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Buy Or Sell Opportunity • Apr 12
Now 22% overvalued Over the last 90 days, the stock has fallen 13% to CN¥10.61. The fair value is estimated to be CN¥8.70, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 6.1% over the last 3 years. Earnings per share has declined by 34%. For the next 3 years, revenue is forecast to grow by 7.8% per annum. Earnings are also forecast to grow by 16% per annum over the same time period. Reported Earnings • Mar 30
Full year 2023 earnings released: EPS: CN¥0.52 (vs CN¥0.70 in FY 2022) Full year 2023 results: EPS: CN¥0.52 (down from CN¥0.70 in FY 2022). Revenue: CN¥9.61b (down 5.5% from FY 2022). Net income: CN¥389.0m (down 27% from FY 2022). Profit margin: 4.0% (down from 5.2% in FY 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 9.9% growth forecast for the Consumer Durables industry in China. Over the last 3 years on average, earnings per share has fallen by 32% per year and the company’s share price has also fallen by 32% per year. Duyuru • Mar 30
Joyoung Co.,Ltd to Report Q1, 2024 Results on Apr 30, 2024 Joyoung Co.,Ltd announced that they will report Q1, 2024 results on Apr 30, 2024 Duyuru • Mar 29
Joyoung Co.,Ltd, Annual General Meeting, Apr 29, 2024 Joyoung Co.,Ltd, Annual General Meeting, Apr 29, 2024, at 15:00 China Standard Time. Location: The Company's Meeting Room, Hangzhou, Zhejiang China Valuation Update With 7 Day Price Move • Feb 12
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥11.38, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 13x in the Consumer Durables industry in China. Total loss to shareholders of 59% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥16.80 per share. Duyuru • Dec 29
Joyoung Co.,Ltd to Report Fiscal Year 2023 Results on Mar 29, 2024 Joyoung Co.,Ltd announced that they will report fiscal year 2023 results on Mar 29, 2024 Buying Opportunity • Dec 26
Now 22% undervalued after recent price drop Over the last 90 days, the stock is down 14%. The fair value is estimated to be CN¥15.80, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 4.4% over the last 3 years. Earnings per share has declined by 29%. Revenue is forecast to grow by 21% in 2 years. Earnings is forecast to grow by 95% in the next 2 years. Buying Opportunity • Nov 07
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 14%. The fair value is estimated to be CN¥16.59, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 4.4% over the last 3 years. Earnings per share has declined by 29%. Revenue is forecast to grow by 22% in 2 years. Earnings is forecast to grow by 98% in the next 2 years. Reported Earnings • Nov 02
Third quarter 2023 earnings released: EPS: CN¥0.16 (vs CN¥0.21 in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.16 (down from CN¥0.21 in 3Q 2022). Revenue: CN¥2.46b (up 11% from 3Q 2022). Net income: CN¥116.4m (down 26% from 3Q 2022). Profit margin: 4.7% (down from 7.1% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 9.7% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Consumer Durables industry in China. Over the last 3 years on average, earnings per share has fallen by 29% per year and the company’s share price has also fallen by 29% per year. Buying Opportunity • Oct 11
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 11%. The fair value is estimated to be CN¥16.67, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 2.6% over the last 3 years. Earnings per share has declined by 23%. Revenue is forecast to grow by 23% in 2 years. Earnings is forecast to grow by 77% in the next 2 years. Duyuru • Sep 30
Joyoung Co.,Ltd to Report Q3, 2023 Results on Oct 31, 2023 Joyoung Co.,Ltd announced that they will report Q3, 2023 results on Oct 31, 2023 Reported Earnings • Aug 30
Second quarter 2023 earnings released: EPS: CN¥0.17 (vs CN¥0.23 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.17 (down from CN¥0.23 in 2Q 2022). Revenue: CN¥2.43b (up 1.8% from 2Q 2022). Net income: CN¥125.8m (down 30% from 2Q 2022). Profit margin: 5.2% (down from 7.6% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Consumer Durables industry in China. Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has fallen by 32% per year, which means it is performing significantly worse than earnings. Duyuru • May 23
Joyoung Co.,Ltd Announces Final Profit Distribution Plan to Be Implemented on A Shares for the Year 2022, Payable on 30 May 2023 Joyoung Co.,Ltd announced final profit distribution plan to be implemented on A shares as cash dividend per ten shares (tax included) of CNY 3.00000000 for the year 2022, payable on 30 May 2023. Record date is 29 May 2023. Ex-date is 30 May 2023. Board Change • May 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. 7 experienced directors. 3 highly experienced directors. Independent Director Shiyuan Han was the last director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Reported Earnings • Apr 28
First quarter 2023 earnings released: EPS: CN¥0.16 (vs CN¥0.22 in 1Q 2022) First quarter 2023 results: EPS: CN¥0.16 (down from CN¥0.22 in 1Q 2022). Revenue: CN¥1.89b (down 19% from 1Q 2022). Net income: CN¥121.4m (down 27% from 1Q 2022). Profit margin: 6.4% (down from 7.1% in 1Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 9.8% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Consumer Durables industry in China. Over the last 3 years on average, earnings per share has fallen by 17% per year whereas the company’s share price has fallen by 20% per year. Reported Earnings • Oct 28
Third quarter 2022 earnings released: EPS: CN¥0.21 (vs CN¥0.29 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.21 (down from CN¥0.29 in 3Q 2021). Revenue: CN¥2.21b (down 3.2% from 3Q 2021). Net income: CN¥158.2m (down 25% from 3Q 2021). Profit margin: 7.1% (down from 9.3% in 3Q 2021). Revenue is forecast to grow 9.8% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Consumer Durables industry in China. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has fallen by 13% per year, which means it is performing significantly worse than earnings. Reported Earnings • May 02
First quarter 2022 earnings released: EPS: CN¥0.22 (vs CN¥0.24 in 1Q 2021) First quarter 2022 results: EPS: CN¥0.22 (down from CN¥0.24 in 1Q 2021). Revenue: CN¥2.33b (up 3.8% from 1Q 2021). Net income: CN¥166.2m (down 7.7% from 1Q 2021). Profit margin: 7.1% (down from 8.0% in 1Q 2021). Over the next year, revenue is forecast to grow 12%, compared to a 15% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings. Reported Earnings • Apr 01
Full year 2021 earnings released: EPS: CN¥0.97 (vs CN¥1.23 in FY 2020) Full year 2021 results: EPS: CN¥0.97 (down from CN¥1.23 in FY 2020). Revenue: CN¥10.5b (down 6.1% from FY 2020). Net income: CN¥745.6m (down 21% from FY 2020). Profit margin: 7.1% (down from 8.4% in FY 2020). The decrease in margin was driven by lower revenue. Over the next year, revenue is forecast to grow 9.8%, compared to a 15% growth forecast for the 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 13% per year, which means it is significantly lagging earnings. Board Change • Dec 06
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent Director Shiyuan Han was the last director to join the board, commencing their role in 2020. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Oct 28
Third quarter 2021 earnings released: EPS CN¥0.29 (vs CN¥0.30 in 3Q 2020) The company reported a soft third quarter result with weaker earnings and revenues, although profit margins were improved. Third quarter 2021 results: Revenue: CN¥2.29b (down 9.3% from 3Q 2020). Net income: CN¥211.7m (down 6.4% from 3Q 2020). Profit margin: 9.3% (up from 9.0% in 3Q 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 10% per year whereas the company’s share price has increased by 15% per year. Reported Earnings • Sep 01
Second quarter 2021 earnings released: EPS CN¥0.34 (vs CN¥0.35 in 2Q 2020) The company reported a mediocre second quarter result with weaker revenues, although earnings were flat and profit margins improved. Second quarter 2021 results: Revenue: CN¥2.50b (down 13% from 2Q 2020). Net income: CN¥271.4m (flat on 2Q 2020). Profit margin: 11% (up from 9.5% in 2Q 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 11% per year whereas the company’s share price has increased by 8% per year. Reported Earnings • May 02
First quarter 2021 earnings released: EPS CN¥0.24 (vs CN¥0.19 in 1Q 2020) The company reported a solid first quarter result with improved earnings and revenues, although profit margins were weaker. First quarter 2021 results: Revenue: CN¥2.24b (up 32% from 1Q 2020). Net income: CN¥180.1m (up 23% from 1Q 2020). Profit margin: 8.0% (down from 8.6% in 1Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has increased by 22% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Apr 01
Full year 2020 earnings released: EPS CN¥1.23 (vs CN¥1.07 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¥11.2b (up 20% from FY 2019). Net income: CN¥940.1m (up 15% from FY 2019). Profit margin: 8.4% (down from 8.8% in FY 2019). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has increased by 21% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Mar 04
Full year 2020 earnings released: EPS CN¥1.23 (vs CN¥1.07 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¥11.3b (up 20% from FY 2019). Net income: CN¥939.0m (up 15% from FY 2019). Profit margin: 8.3% (down from 8.8% in FY 2019). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has increased by 21% per year, which means it is tracking significantly ahead of earnings growth. Analyst Estimate Surprise Post Earnings • Mar 04
Revenue beats expectations Revenue exceeded analyst estimates by 5.9%. Over the next year, revenue is forecast to grow 14%, compared to a 37% growth forecast for the Consumer Durables industry in China. Valuation Update With 7 Day Price Move • Feb 06
Investor sentiment improved over the past week After last week's 16% share price gain to CN¥32.78, the stock is trading at a trailing P/E ratio of 29.7x, up from the previous P/E ratio of 25.5x. This compares to an average P/E of 32x in the Consumer Durables industry in China. Total returns to shareholders over the past three years are 132%. Is New 90 Day High Low • Jan 27
New 90-day low: CN¥31.19 The company is down 12% from its price of CN¥35.36 on 30 October 2020. The Chinese market is up 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Consumer Durables industry, which is up 19% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥18.30 per share. Valuation Update With 7 Day Price Move • Dec 20
Investor sentiment improved over the past week After last week's 16% share price gain to CN¥36.14, the stock is trading at a trailing P/E ratio of 32.7x, up from the previous P/E ratio of 28.3x. This compares to an average P/E of 34x in the Consumer Durables industry in China. Total returns to shareholders over the past three years are 143%. Is New 90 Day High Low • Dec 12
New 90-day low: CN¥32.02 The company is down 21% from its price of CN¥40.54 on 11 September 2020. The Chinese market is up 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Consumer Durables industry, which is up 13% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥26.64 per share. Valuation Update With 7 Day Price Move • Nov 02
Market pulls back on stock over the past week After last week's 21% share price decline to CN¥35.36, the stock is trading at a trailing P/E ratio of 32.5x, down from the previous P/E ratio of 41.1x. This compares to an average P/E of 33x in the Consumer Durables industry in China. Total returns to shareholders over the past three years are 128%. Is New 90 Day High Low • Oct 29
New 90-day low: CN¥36.75 The company is down 6.0% from its price of CN¥39.08 on 31 July 2020. The Chinese market is down 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Consumer Durables industry, which is up 6.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥22.26 per share. Reported Earnings • Oct 28
Third quarter earnings released Over the last 12 months the company has reported total profits of CN¥845.7m, up 5.3% from the prior year. Total revenue was CN¥10.2b over the last 12 months, up 13% from the prior year. Analyst Estimate Surprise Post Earnings • Oct 28
Third-quarter earnings released: Revenue beats expectations Third-quarter revenue exceeded analyst estimates by 6.2% at CN¥2.52b. Revenue is forecast to grow 17% over the next year, compared to a 16% growth forecast for the Consumer Durables industry in China. Duyuru • Aug 07
Joyoung Co.,Ltd to Report First Half, 2020 Results on Aug 26, 2020 Joyoung Co.,Ltd announced that they will report first half, 2020 results on Aug 26, 2020