Reported Earnings • Apr 29
Full year 2025 earnings: Revenues exceed analysts expectations while EPS lags behind Full year 2025 results: EPS: CN¥0.35 (up from CN¥0.19 in FY 2024). Revenue: CN¥736.6m (up 39% from FY 2024). Net income: CN¥62.9m (up 87% from FY 2024). Profit margin: 8.5% (up from 6.4% in FY 2024). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 5.2%. Earnings per share (EPS) missed analyst estimates by 11%. Revenue is forecast to grow 20% p.a. on average during the next 2 years, compared to a 15% growth forecast for the Consumer Services industry in China. Over the last 3 years on average, earnings per share has fallen by 59% per year but the company’s share price has increased by 27% per year, which means it is well ahead of earnings. Duyuru • Apr 29
Matrix Design Co., Ltd., Annual General Meeting, May 20, 2026 Matrix Design Co., Ltd., Annual General Meeting, May 20, 2026, at 14:30 China Standard Time. Location: 17F, No. 4036, Jintian Road, Futian CBD, Fuzhong Community, Lianhua Street, Futian District, Shenzhen, Guangdong China Duyuru • Mar 31
Matrix Design Co., Ltd. to Report Q1, 2026 Results on Apr 25, 2026 Matrix Design Co., Ltd. announced that they will report Q1, 2026 results on Apr 25, 2026 Duyuru • Dec 31
Matrix Design Co., Ltd. to Report Fiscal Year 2025 Results on Apr 25, 2026 Matrix Design Co., Ltd. announced that they will report fiscal year 2025 results on Apr 25, 2026 Valuation Update With 7 Day Price Move • Dec 16
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to CN¥22.92, the stock trades at a trailing P/E ratio of 71.3x. Average trailing P/E is 61x in the Consumer Services industry in China. Total returns to shareholders of 39% over the past three years. New Risk • Dec 11
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 9.4% 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 Risks Share price has been highly volatile over the past 3 months (9.4% average weekly change). Dividend is not well covered by earnings and cash flows. Payout ratio: 217% Cash payout ratio: 133% Earnings have declined by 47% per year over the past 5 years. Buy Or Sell Opportunity • Dec 09
Now 26% overvalued after recent price rise Over the last 90 days, the stock has risen 36% to CN¥28.08. The fair value is estimated to be CN¥22.21, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 13% over the last 3 years. Earnings per share has declined by 76%. Reported Earnings • Oct 28
Third quarter 2025 earnings released: EPS: CN¥0.16 (vs CN¥0.12 in 3Q 2024) Third quarter 2025 results: EPS: CN¥0.16 (up from CN¥0.12 in 3Q 2024). Revenue: CN¥206.1m (up 59% from 3Q 2024). Net income: CN¥28.3m (up 33% from 3Q 2024). Profit margin: 14% (down from 17% in 3Q 2024). The decrease in margin was driven by higher expenses. New Risk • Oct 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 7.8% 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: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 306% Cash payout ratio: 99% Earnings have declined by 50% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (7.8% average weekly change). Duyuru • Sep 30
Matrix Design Co., Ltd. to Report Q3, 2025 Results on Oct 28, 2025 Matrix Design Co., Ltd. announced that they will report Q3, 2025 results on Oct 28, 2025 Duyuru • Aug 30
Matrix Design Co., Ltd. Proposes Interim Cash Dividend for the Year 2025 Matrix Design Co., Ltd. at its EGM to be held on September 15, 2025 proposed interim cash dividend of CNY 3.50 per 10 share (tax included) for the year 2025. Duyuru • Jul 02
Matrix Design Co., Ltd. to Report First Half, 2025 Results on Aug 29, 2025 Matrix Design Co., Ltd. announced that they will report first half, 2025 results on Aug 29, 2025 Declared Dividend • May 21
Dividend of CN¥0.35 announced Shareholders will receive a dividend of CN¥0.35. Ex-date: 26th May 2025 Payment date: 26th May 2025 Dividend yield will be 3.0%, which is higher than the industry average of 2.0%. Sustainability & Growth Dividend is not covered by earnings (276% earnings payout ratio) nor is it adequately covered by cash flows (92% cash payout ratio). The dividend has increased by an average of 7.6% per year over the past 2 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 207% to bring the payout ratio under control. However, EPS has declined by 51% over the last 3 years so the company would need to reverse this trend. Buy Or Sell Opportunity • May 07
Now 21% undervalued Over the last 90 days, the stock has risen 20% to CN¥17.57. The fair value is estimated to be CN¥22.14, 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 year. Earnings per share has grown by 54%. Reported Earnings • Apr 25
First quarter 2025 earnings released: EPS: CN¥0.02 (vs CN¥0.02 in 1Q 2024) First quarter 2025 results: EPS: CN¥0.02 (in line with 1Q 2024). Revenue: CN¥108.8m (down 1.7% from 1Q 2024). Net income: CN¥3.86m (up 10% from 1Q 2024). Profit margin: 3.5% (up from 3.2% in 1Q 2024). The increase in margin was driven by lower expenses. Duyuru • Apr 25
Matrix Design Co., Ltd., Annual General Meeting, May 15, 2025 Matrix Design Co., Ltd., Annual General Meeting, May 15, 2025, at 14:30 China Standard Time. Location: 17F, No. 4036, Jintian Road, Fuzhong Community, Lianhua Street, Futian District, Shenzhen, Guangdong China Duyuru • Mar 31
Matrix Design Co., Ltd. to Report Q1, 2025 Results on Apr 25, 2025 Matrix Design Co., Ltd. announced that they will report Q1, 2025 results on Apr 25, 2025 New Risk • Mar 14
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 Risks Share price has been highly volatile over the past 3 months (11% average weekly change). Earnings have declined by 30% per year over the past 5 years. Minor Risks Dividend is not well covered by earnings (178% payout ratio). Profit margins are more than 30% lower than last year (6.1% net profit margin). Duyuru • Jan 07
Matrix Design Co., Ltd. Announces Cash Dividend Plant for the Third Quarter of 2024, Payable on 10 January 2025 Matrix Design Co., Ltd. announced profit distribution plan to be implemented (A shares) with Cash dividend/10 shares (tax included): CNY 1.67000000 for the third quarter of 2024. Record date: 09 January 2025. Ex-date: 10 January 2025. Payment date: 10 January 2025. Duyuru • Dec 31
Matrix Design Co., Ltd. to Report Fiscal Year 2024 Results on Apr 25, 2025 Matrix Design Co., Ltd. announced that they will report fiscal year 2024 results on Apr 25, 2025 Duyuru • Dec 27
Matrix Design Co., Ltd. Approves Cash Dividend for the Third Quarter of 2024 Matrix Design Co., Ltd. at its Extraordinary General Meeting held on 23 December 2024 approved the cash dividend of CNY 1.67000000 per 10 shares (tax included) for the third quarter of 2024. Duyuru • Dec 07
Matrix Design Co., Ltd. Proposes Cash Dividend for the Third Quarter of 2024 Matrix Design Co., Ltd. proposed cash dividend of CNY 1.67000000 per 10 shares (tax included) for the third quarter of 2024. Reported Earnings • Oct 24
Third quarter 2024 earnings released: EPS: CN¥0.12 (vs CN¥0.043 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.12 (up from CN¥0.043 in 3Q 2023). Revenue: CN¥129.9m (up 20% from 3Q 2023). Net income: CN¥21.4m (up 169% from 3Q 2023). Profit margin: 17% (up from 7.4% in 3Q 2023). The increase in margin was driven by higher revenue. Duyuru • Sep 30
Matrix Design Co., Ltd. to Report Q3, 2024 Results on Oct 24, 2024 Matrix Design Co., Ltd. announced that they will report Q3, 2024 results on Oct 24, 2024 Reported Earnings • Aug 29
Second quarter 2024 earnings released: EPS: CN¥0.11 (vs CN¥0.13 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.11 (down from CN¥0.13 in 2Q 2023). Revenue: CN¥142.1m (down 1.9% from 2Q 2023). Net income: CN¥19.8m (down 6.4% from 2Q 2023). Profit margin: 14% (in line with 2Q 2023). Duyuru • Jun 29
Matrix Design Co., Ltd. to Report First Half, 2024 Results on Aug 29, 2024 Matrix Design Co., Ltd. announced that they will report first half, 2024 results on Aug 29, 2024 New Risk • Jun 20
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 8.4% 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 earnings (140% payout ratio). Share price has been volatile over the past 3 months (8.4% average weekly change). Profit margins are more than 30% lower than last year (4.1% net profit margin). Valuation Update With 7 Day Price Move • Jun 06
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to CN¥9.50, the stock trades at a trailing P/E ratio of 78.8x. Average trailing P/E is 36x in the Consumer Services industry in China. Total loss to shareholders of 50% over the past year. Declared Dividend • May 20
Dividend of CN¥0.17 announced Shareholders will receive a dividend of CN¥0.17. Ex-date: 24th May 2024 Payment date: 24th May 2024 Dividend yield will be 1.4%, which is lower than the industry average of 2.0%. Sustainability & Growth Dividend is covered by both earnings (89% earnings payout ratio) and cash flows (31% cash payout ratio). The company is yet to establish a track record of dividend growth or stability as it hasn't paid a regular dividend for at least 2 years. Earnings per share declined by 53% over the last 3 years, which if continued should see the payout ratio increase to a potentially unsustainable range. Duyuru • Apr 24
Matrix Design Co., Ltd., Annual General Meeting, May 14, 2024 Matrix Design Co., Ltd., Annual General Meeting, May 14, 2024, at 14:30 China Standard Time. Location: 17F, No. 4036, Jintian Road, Fuzhong Community, Lianhua Subdistrict, Futian District, Shenzhen, Guangdong China New Risk • Apr 17
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 11% 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: Major Risk Dividend is not well covered by earnings and cash flows. Payout ratio: 102% Cash payout ratio: 99% Minor Risks Share price has been volatile over the past 3 months (11% average weekly change). Profit margins are more than 30% lower than last year (14% net profit margin). Valuation Update With 7 Day Price Move • Apr 16
Investor sentiment deteriorates as stock falls 23% After last week's 23% share price decline to CN¥9.26, the stock trades at a trailing P/E ratio of 22x. Average trailing P/E is 35x in the Consumer Services industry in China. Total loss to shareholders of 49% over the past year. Duyuru • Mar 30
Matrix Design Co., Ltd. to Report Q1, 2024 Results on Apr 26, 2024 Matrix Design Co., Ltd. announced that they will report Q1, 2024 results on Apr 26, 2024 Buy Or Sell Opportunity • Feb 08
Now 31% overvalued Over the last 90 days, the stock has fallen 41% to CN¥9.12. The fair value is estimated to be CN¥6.96, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 2.9% over the last 3 years. Earnings per share has declined by 25%. Valuation Update With 7 Day Price Move • Feb 01
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to CN¥11.55, the stock trades at a trailing P/E ratio of 27.5x. Average trailing P/E is 38x in the Consumer Services industry in China. Total loss to shareholders of 34% over the past year. Duyuru • Dec 29
Matrix Design Co., Ltd. to Report Fiscal Year 2023 Results on Apr 23, 2024 Matrix Design Co., Ltd. announced that they will report fiscal year 2023 results on Apr 23, 2024 Duyuru • Nov 29
Matrix Design Co., Ltd. Approves Management Elections Matrix Design Co., Ltd. at its Extraordinary General Meeting held on 24 November 2023 approved the election of Wang Yong as non-independent director. The company approved the election of Cai Rongxin, Zhang Chunyan and Liu Xiaojun as Independent director. The company approved the election of Zhou Xiaoyun and Deng Wanli as non-employee supervisor. Reported Earnings • Oct 27
Third quarter 2023 earnings released: EPS: CN¥0.043 (vs CN¥0.32 in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.043 (down from CN¥0.32 in 3Q 2022). Revenue: CN¥107.9m (down 52% from 3Q 2022). Net income: CN¥7.96m (down 81% from 3Q 2022). Profit margin: 7.4% (down from 19% in 3Q 2022). The decrease in margin was driven by lower revenue. Duyuru • Sep 30
Matrix Design Co., Ltd. to Report Q3, 2023 Results on Oct 27, 2023 Matrix Design Co., Ltd. announced that they will report Q3, 2023 results on Oct 27, 2023 Reported Earnings • Aug 29
Second quarter 2023 earnings released: EPS: CN¥0.13 (vs CN¥0.32 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.13 (down from CN¥0.32 in 2Q 2022). Revenue: CN¥144.9m (down 36% from 2Q 2022). Net income: CN¥21.2m (down 51% from 2Q 2022). Profit margin: 15% (down from 19% in 2Q 2022). The decrease in margin was driven by lower revenue. New Risk • Jul 27
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: Major Risk High level of non-cash earnings (35% accrual ratio). Minor Risks Dividend is not well covered by cash flows (159% cash payout ratio). Share price has been volatile over the past 3 months (7.1% average weekly change). Valuation Update With 7 Day Price Move • Jul 25
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to CN¥19.65, the stock trades at a trailing P/E ratio of 23.1x. Average trailing P/E is 39x in the Consumer Services industry in China. Duyuru • May 27
Matrix Design Co., Ltd. Announces Final Cash Dividend on A Shares for the Year 2022, Payable on 2 June 2023 Matrix Design Co., Ltd. announced final cash dividend of CNY 6.70000000 per 10 shares (tax included) on A Shares for the year 2022. Record date is 1 June 2023, Ex-Date is 2 June 2023 and Payment Date is 2 June 2023. Duyuru • May 25
Matrix Design Co., Ltd Approves Cash Dividend for 2022 Matrix Design Co., Ltd. announced that at its Annual General Meeting held on 22 May 2023, the shareholders approved 2022 profit distribution plan as Cash dividend/10 shares (tax included): CNY 6.70000000. Reported Earnings • Apr 26
First quarter 2023 earnings released: EPS: CN¥0.13 (vs CN¥0.82 in 1Q 2022) First quarter 2023 results: EPS: CN¥0.13 (down from CN¥0.82 in 1Q 2022). Revenue: CN¥106.1m (down 59% from 1Q 2022). Net income: CN¥15.7m (down 79% from 1Q 2022). Profit margin: 15% (down from 29% in 1Q 2022). The decrease in margin was driven by lower revenue. Valuation Update With 7 Day Price Move • Mar 22
Investor sentiment improves as stock rises 28% After last week's 28% share price gain to CN¥33.83, the stock trades at a trailing P/E ratio of 19.5x. Average trailing P/E is 66x in the Consumer Services industry in China.