Valuation Update With 7 Day Price Move • 16h
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to CN¥7.31, the stock trades at a trailing P/E ratio of 47.6x. Average trailing P/E is 50x in the Energy Services industry in China. Total returns to shareholders of 3.7% over the past three years. Reported Earnings • Apr 14
Full year 2025 earnings released: EPS: CN¥0.14 (vs CN¥0.25 loss in FY 2024) Full year 2025 results: EPS: CN¥0.14 (up from CN¥0.25 loss in FY 2024). Revenue: CN¥992.3m (up 47% from FY 2024). Net income: CN¥48.6m (up CN¥137.0m from FY 2024). Profit margin: 4.9% (up from net loss in FY 2024). Over the last 3 years on average, earnings per share has increased by 59% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth. Duyuru • Apr 14
Lanpec Technologies Limited, Annual General Meeting, May 19, 2026 Lanpec Technologies Limited, Annual General Meeting, May 19, 2026, at 10:00 China Standard Time. Location: No. 505, Rongchang Road, Lvxiang Town, Jinshan District, Shanghai China Duyuru • Mar 30
Lanpec Technologies Limited to Report Q1, 2026 Results on Apr 24, 2026 Lanpec Technologies Limited announced that they will report Q1, 2026 results on Apr 24, 2026 Duyuru • Dec 26
Lanpec Technologies Limited to Report Fiscal Year 2025 Results on Apr 21, 2026 Lanpec Technologies Limited announced that they will report fiscal year 2025 results on Apr 21, 2026 Reported Earnings • Oct 22
Third quarter 2025 earnings released: EPS: CN¥0.035 (vs CN¥0.031 loss in 3Q 2024) Third quarter 2025 results: EPS: CN¥0.035 (up from CN¥0.031 loss in 3Q 2024). Revenue: CN¥176.6m (up 12% from 3Q 2024). Net income: CN¥12.4m (up CN¥23.4m from 3Q 2024). Profit margin: 7.0% (up from net loss in 3Q 2024). Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth. Duyuru • Sep 30
Lanpec Technologies Limited to Report Q3, 2025 Results on Oct 22, 2025 Lanpec Technologies Limited announced that they will report Q3, 2025 results on Oct 22, 2025 Board Change • Aug 08
Less than half of directors are independent There are 4 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 4 new directors. 3 experienced directors. No highly experienced directors. 2 independent directors (3 non-independent directors). Deputy GM & Director Shangwen Zhang is the most experienced director on the board, commencing their role in 2020. Independent Director Yansheng Sun was the last independent 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: Minority of independent directors. Lack of experienced directors. Duyuru • Jun 30
Lanpec Technologies Limited to Report First Half, 2025 Results on Aug 28, 2025 Lanpec Technologies Limited announced that they will report first half, 2025 results on Aug 28, 2025 Reported Earnings • Apr 23
First quarter 2025 earnings released: EPS: CN¥0.018 (vs CN¥0.019 loss in 1Q 2024) First quarter 2025 results: EPS: CN¥0.018 (up from CN¥0.019 loss in 1Q 2024). Revenue: CN¥129.3m (up 36% from 1Q 2024). Net income: CN¥6.48m (up CN¥13.3m from 1Q 2024). Profit margin: 5.0% (up from net loss in 1Q 2024). Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth. Duyuru • Apr 20
Lanpec Technologies Limited, Annual General Meeting, May 15, 2025 Lanpec Technologies Limited, Annual General Meeting, May 15, 2025, at 15:00 China Standard Time. Location: No. 505, Rongchang Road, Lvxiang Town, Jinshan District, Shanghai China Duyuru • Mar 28
Lanpec Technologies Limited to Report Q1, 2025 Results on Apr 19, 2025 Lanpec Technologies Limited announced that they will report Q1, 2025 results on Apr 19, 2025 New Risk • Mar 12
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 8.2% 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: Major Risk Earnings have declined by 39% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (8.2% average weekly change). New Risk • Jan 23
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 8.9% 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 Earnings have declined by 39% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (8.9% average weekly change). Duyuru • Dec 27
Lanpec Technologies Limited to Report Fiscal Year 2024 Results on Apr 19, 2025 Lanpec Technologies Limited announced that they will report fiscal year 2024 results on Apr 19, 2025 Reported Earnings • Oct 29
Third quarter 2024 earnings released: CN¥0.031 loss per share (vs CN¥0.002 profit in 3Q 2023) Third quarter 2024 results: CN¥0.031 loss per share (down from CN¥0.002 profit in 3Q 2023). Revenue: CN¥157.7m (down 56% from 3Q 2023). Net loss: CN¥11.0m (down CN¥11.6m from profit in 3Q 2023). Over the last 3 years on average, earnings per share has increased by 5% per year whereas the company’s share price has increased by 9% per year. Duyuru • Sep 30
Lanpec Technologies Limited to Report Q3, 2024 Results on Oct 29, 2024 Lanpec Technologies Limited announced that they will report Q3, 2024 results on Oct 29, 2024 Reported Earnings • Aug 27
Second quarter 2024 earnings released: CN¥0.008 loss per share (vs CN¥0.10 loss in 2Q 2023) Second quarter 2024 results: CN¥0.008 loss per share (improved from CN¥0.10 loss in 2Q 2023). Revenue: CN¥246.1m (down 29% from 2Q 2023). Net loss: CN¥2.83m (loss narrowed 92% from 2Q 2023). Over the last 3 years on average, earnings per share has fallen by 7% per year whereas the company’s share price has fallen by 5% per year. Duyuru • Jun 28
Lanpec Technologies Limited to Report First Half, 2024 Results on Aug 27, 2024 Lanpec Technologies Limited announced that they will report first half, 2024 results on Aug 27, 2024 Duyuru • Apr 29
Lanpec Technologies Limited, Annual General Meeting, May 22, 2024 Lanpec Technologies Limited, Annual General Meeting, May 22, 2024, at 14:00 China Standard Time. Location: No. 588, Huifeng East Avenue, Lvxiang Town, Jinshan District, Shanghai China Duyuru • Mar 30
Lanpec Technologies Limited to Report Q1, 2024 Results on Apr 27, 2024 Lanpec Technologies Limited announced that they will report Q1, 2024 results on Apr 27, 2024 New Risk • Jan 22
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 6.1% 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 Earnings have declined by 48% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (6.1% average weekly change). Duyuru • Dec 29
Lanpec Technologies Limited to Report Fiscal Year 2023 Results on Apr 10, 2024 Lanpec Technologies Limited announced that they will report fiscal year 2023 results on Apr 10, 2024 Duyuru • Sep 30
Lanpec Technologies Limited to Report Q3, 2023 Results on Oct 31, 2023 Lanpec Technologies Limited announced that they will report Q3, 2023 results on Oct 31, 2023 Duyuru • Jun 28
Lanpec Technologies Limited to Report First Half, 2023 Results on Aug 29, 2023 Lanpec Technologies Limited announced that they will report first half, 2023 results on Aug 29, 2023 Reported Earnings • Apr 18
First quarter 2023 earnings released: CN¥0.046 loss per share (vs CN¥0.079 loss in 1Q 2022) First quarter 2023 results: CN¥0.046 loss per share (improved from CN¥0.079 loss in 1Q 2022). Revenue: CN¥112.2m (up 68% from 1Q 2022). Net loss: CN¥16.5m (loss narrowed 41% from 1Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 84 percentage points per year, which is a significant difference in performance. Board Change • Nov 16
Less than half of directors are independent There are 9 new directors who have joined the board in the last 3 years. Of these new board members, 3 were independent directors. The company's board is composed of: 9 new directors. 1 experienced director. No highly experienced directors. 3 independent directors (4 non-independent directors). Director Guanpei Chen is the most experienced director on the board, commencing their role in 2017. Independent Director Yansheng Sun was the last independent 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: Minority of independent directors. Lack of board continuity. Lack of experienced directors. Reported Earnings • Oct 28
Third quarter 2022 earnings released: CN¥0.055 loss per share (vs CN¥0.062 loss in 3Q 2021) Third quarter 2022 results: CN¥0.055 loss per share (improved from CN¥0.062 loss in 3Q 2021). Revenue: CN¥209.9m (up 14% from 3Q 2021). Net loss: CN¥19.7m (loss narrowed 10% from 3Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 98 percentage points per year, which is a significant difference in performance. Reported Earnings • Aug 26
Second quarter 2022 earnings released: CN¥0.005 loss per share (vs CN¥0.14 loss in 2Q 2021) Second quarter 2022 results: CN¥0.005 loss per share (up from CN¥0.14 loss in 2Q 2021). Revenue: CN¥299.6m (up 52% from 2Q 2021). Net loss: CN¥1.74m (loss narrowed 97% from 2Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 125 percentage points per year, which is a significant difference in performance. Reported Earnings • Apr 19
First quarter 2022 earnings released: CN¥0.079 loss per share (vs CN¥0.057 loss in 1Q 2021) First quarter 2022 results: CN¥0.079 loss per share (down from CN¥0.057 loss in 1Q 2021). Revenue: CN¥66.8m (down 6.1% from 1Q 2021). Net loss: CN¥28.0m (loss widened 38% from 1Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 117 percentage points per year, which is a significant difference in performance. Reported Earnings • Oct 26
Third quarter 2021 earnings released: CN¥0.062 loss per share (vs CN¥0.012 profit in 3Q 2020) The company reported a poor third quarter result with weaker earnings, revenues and control over costs. Third quarter 2021 results: Revenue: CN¥184.2m (down 30% from 3Q 2020). Net loss: CN¥21.9m (down CN¥26.2m from profit in 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 29% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings. Reported Earnings • Aug 25
Second quarter 2021 earnings released: CN¥0.14 loss per share (vs CN¥0.019 loss in 2Q 2020) The company reported a poor second quarter result with increased losses, weaker revenues and weaker control over costs. Second quarter 2021 results: Revenue: CN¥196.7m (down 23% from 2Q 2020). Net loss: CN¥51.3m (loss widened CN¥44.6m from 2Q 2020). Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. Reported Earnings • Apr 20
First quarter 2021 earnings released: CN¥0.057 loss per share (vs CN¥0.044 profit in 1Q 2020) The company reported a poor first quarter result with weaker earnings, revenues and control over costs. First quarter 2021 results: Revenue: CN¥71.1m (down 58% from 1Q 2020). Net loss: CN¥20.2m (down 231% from profit in 1Q 2020). Over the last 3 years on average, earnings per share has increased by 49% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Is New 90 Day High Low • Feb 04
New 90-day low: CN¥4.80 The company is down 40% from its price of CN¥8.06 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 Energy Services industry, which is flat over the same period. Is New 90 Day High Low • Jan 06
New 90-day low: CN¥5.61 The company is down 32% from its price of CN¥8.20 on 30 September 2020. The Chinese market is up 11% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Energy Services industry, which is down 2.0% over the same period. Is New 90 Day High Low • Dec 16
New 90-day low: CN¥6.79 The company is down 27% from its price of CN¥9.25 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 Energy Services industry, which is down 4.0% over the same period. Is New 90 Day High Low • Nov 01
New 90-day low: CN¥7.49 The company is down 7.0% from its price of CN¥8.08 on 03 August 2020. The Chinese market is down 4.0% over the last 90 days, indicating the company underperformed over that time. However, its price trend is similar to the Energy Services industry, which is also down 7.0% over the same period. Reported Earnings • Oct 28
Third quarter earnings released Over the last 12 months the company has reported total losses of CN¥18.0m, with earnings decreasing by CN¥164.8m from the prior year. Total revenue was CN¥1.16b over the last 12 months, up 9.8% from the prior year. Duyuru • Oct 20
Lanpec Technologies Limited to Report Q3, 2020 Results on Oct 27, 2020 Lanpec Technologies Limited announced that they will report Q3, 2020 results on Oct 27, 2020 Duyuru • Jul 06
Lanpec Technologies Limited to Report First Half, 2020 Results on Aug 11, 2020 Lanpec Technologies Limited announced that they will report first half, 2020 results on Aug 11, 2020