Declared Dividend • Jun 10
Dividend reduced to CN¥0.13 Dividend of CN¥0.13 is 52% lower than last year. Ex-date: 12th June 2026 Payment date: 12th June 2026 Dividend yield will be 1.2%, which is lower than the industry average of 2.8%. Sustainability & Growth Dividend is covered by earnings (25% 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 increased by an average of 24% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 1.2% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Valuation Update With 7 Day Price Move • May 22
Investor sentiment improves as stock rises 25% After last week's 25% share price gain to CN¥10.31, the stock trades at a trailing P/E ratio of 22.7x. Average trailing P/E is 37x in the Metals and Mining industry in China. Total returns to shareholders of 39% over the past three years. Reported Earnings • Mar 31
Full year 2025 earnings released: EPS: CN¥0.48 (vs CN¥0.88 in FY 2024) Full year 2025 results: EPS: CN¥0.48 (down from CN¥0.88 in FY 2024). Revenue: CN¥7.89b (up 7.8% from FY 2024). Net income: CN¥661.9m (down 45% from FY 2024). Profit margin: 8.4% (down from 16% in FY 2024). The decrease in margin was driven by higher expenses. 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 2% per year, which means it has not declined as severely as earnings. Duyuru • Mar 31
Xinjiang Joinworld Co., Ltd., Annual General Meeting, Apr 20, 2026 Xinjiang Joinworld Co., Ltd., Annual General Meeting, Apr 20, 2026, at 11:00 China Standard Time. Location: 2F, No. 18, Kashgar East Road, Urumqi, Xinjiang China Duyuru • Mar 30
Xinjiang Joinworld Co., Ltd. to Report Q1, 2026 Results on Apr 21, 2026 Xinjiang Joinworld Co., Ltd. announced that they will report Q1, 2026 results on Apr 21, 2026 Valuation Update With 7 Day Price Move • Mar 19
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to CN¥8.47, the stock trades at a trailing P/E ratio of 15.3x. Average trailing P/E is 42x in the Metals and Mining industry in China. Total returns to shareholders of 7.0% over the past three years. Duyuru • Dec 26
Xinjiang Joinworld Co., Ltd. to Report Fiscal Year 2025 Results on Mar 31, 2026 Xinjiang Joinworld Co., Ltd. announced that they will report fiscal year 2025 results on Mar 31, 2026 Reported Earnings • Oct 31
Third quarter 2025 earnings released: EPS: CN¥0.10 (vs CN¥0.17 in 3Q 2024) Third quarter 2025 results: EPS: CN¥0.10 (down from CN¥0.17 in 3Q 2024). Revenue: CN¥1.95b (up 3.0% from 3Q 2024). Net income: CN¥139.3m (down 40% from 3Q 2024). Profit margin: 7.1% (down from 12% in 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 18% 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 • Sep 30
Xinjiang Joinworld Co., Ltd. to Report Q3, 2025 Results on Oct 31, 2025 Xinjiang Joinworld Co., Ltd. announced that they will report Q3, 2025 results on Oct 31, 2025 Reported Earnings • Aug 27
Second quarter 2025 earnings released: EPS: CN¥0.12 (vs CN¥0.23 in 2Q 2024) Second quarter 2025 results: EPS: CN¥0.12 (down from CN¥0.23 in 2Q 2024). Revenue: CN¥2.12b (up 7.3% from 2Q 2024). Net income: CN¥170.0m (down 43% from 2Q 2024). Profit margin: 8.0% (down from 15% in 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings. Duyuru • Jun 30
Xinjiang Joinworld Co., Ltd. to Report First Half, 2025 Results on Aug 30, 2025 Xinjiang Joinworld Co., Ltd. announced that they will report first half, 2025 results on Aug 30, 2025 Declared Dividend • Jun 11
Dividend increased to CN¥0.27 Dividend of CN¥0.27 is 125% higher than last year. Ex-date: 12th June 2025 Payment date: 12th June 2025 Dividend yield will be 3.9%, which is higher than the industry average of 2.8%. Sustainability & Growth Dividend is covered by earnings (34% 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 increased by an average of 37% per year over the past 9 years. However, payments have been volatile during that time. Earnings per share has grown by 37% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. New Risk • Mar 30
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 26% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. 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. Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (16% net profit margin). Duyuru • Mar 28
Xinjiang Joinworld Co., Ltd. to Report Q1, 2025 Results on Apr 22, 2025 Xinjiang Joinworld Co., Ltd. announced that they will report Q1, 2025 results on Apr 22, 2025 New Risk • Mar 25
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: 16% Last year net profit margin: 24% 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: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (16% net profit margin). Reported Earnings • Mar 25
Full year 2024 earnings released: EPS: CN¥0.88 (vs CN¥1.17 in FY 2023) Full year 2024 results: EPS: CN¥0.88 (down from CN¥1.17 in FY 2023). Revenue: CN¥7.32b (up 12% from FY 2023). Net income: CN¥1.20b (down 23% from FY 2023). Profit margin: 16% (down from 24% in FY 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 3% per year whereas the company’s share price has remained flat. Duyuru • Mar 25
Xinjiang Joinworld Co., Ltd., Annual General Meeting, Apr 16, 2025 Xinjiang Joinworld Co., Ltd., Annual General Meeting, Apr 16, 2025, at 11:00 China Standard Time. Location: 2F, No. 18, Kashgar East Road, Urumqi, Xinjiang China Duyuru • Dec 27
Xinjiang Joinworld Co., Ltd. to Report Fiscal Year 2024 Results on Mar 25, 2025 Xinjiang Joinworld Co., Ltd. announced that they will report fiscal year 2024 results on Mar 25, 2025 Reported Earnings • Oct 30
Third quarter 2024 earnings released: EPS: CN¥0.17 (vs CN¥0.25 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.17 (down from CN¥0.25 in 3Q 2023). Revenue: CN¥1.90b (up 17% from 3Q 2023). Net income: CN¥232.3m (down 30% from 3Q 2023). Profit margin: 12% (down from 20% in 3Q 2023). Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. Duyuru • Sep 30
Xinjiang Joinworld Co., Ltd. to Report Q3, 2024 Results on Oct 30, 2024 Xinjiang Joinworld Co., Ltd. announced that they will report Q3, 2024 results on Oct 30, 2024 Valuation Update With 7 Day Price Move • Sep 30
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to CN¥7.76, the stock trades at a trailing P/E ratio of 7.7x. Average trailing P/E is 24x in the Metals and Mining industry in China. Total returns to shareholders of 1.1% over the past three years. New Risk • Sep 07
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 22% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. 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. Large one-off items impacting financial results. Duyuru • Jun 28
Xinjiang Joinworld Co., Ltd. to Report First Half, 2024 Results on Aug 30, 2024 Xinjiang Joinworld Co., Ltd. announced that they will report first half, 2024 results on Aug 30, 2024 Reported Earnings • Apr 25
First quarter 2024 earnings released: EPS: CN¥0.25 (vs CN¥0.32 in 1Q 2023) First quarter 2024 results: EPS: CN¥0.25 (down from CN¥0.32 in 1Q 2023). Revenue: CN¥1.63b (up 12% from 1Q 2023). Net income: CN¥337.4m (down 21% from 1Q 2023). Profit margin: 21% (down from 29% in 1Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth. Duyuru • Mar 29
Xinjiang Joinworld Co., Ltd. to Report Q1, 2024 Results on Apr 25, 2024 Xinjiang Joinworld Co., Ltd. announced that they will report Q1, 2024 results on Apr 25, 2024 Duyuru • Mar 19
Xinjiang Joinworld Co., Ltd., Annual General Meeting, Apr 09, 2024 Xinjiang Joinworld Co., Ltd., Annual General Meeting, Apr 09, 2024, at 11:00 China Standard Time. Location: 2F, No. 18, Kashgar East Road, Urumqi, Xinjiang China Reported Earnings • Mar 19
Full year 2023 earnings: EPS exceeds analyst expectations while revenues lag behind Full year 2023 results: EPS: CN¥1.17 (up from CN¥1.16 in FY 2022). Revenue: CN¥6.53b (down 16% from FY 2022). Net income: CN¥1.56b (flat on FY 2022). Profit margin: 24% (up from 20% in FY 2022). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 9.7%. Earnings per share (EPS) exceeded analyst estimates by 7.1%. Revenue is forecast to grow 12% p.a. on average during the next 2 years, compared to a 11% growth forecast for the Metals and Mining industry in China. Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth. Duyuru • Dec 29
Xinjiang Joinworld Co., Ltd. to Report Fiscal Year 2023 Results on Mar 19, 2024 Xinjiang Joinworld Co., Ltd. announced that they will report fiscal year 2023 results on Mar 19, 2024 Reported Earnings • Oct 20
Third quarter 2023 earnings released: EPS: CN¥0.25 (vs CN¥0.36 in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.25 (down from CN¥0.36 in 3Q 2022). Revenue: CN¥1.62b (down 5.9% from 3Q 2022). Net income: CN¥330.2m (down 29% from 3Q 2022). Profit margin: 20% (down from 27% in 3Q 2022). The decrease in margin was primarily driven by lower revenue. Revenue is forecast to grow 8.9% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Metals and Mining industry in China. Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth. Reported Earnings • Aug 18
Second quarter 2023 earnings released: EPS: CN¥0.30 (vs CN¥0.28 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.30. Revenue: CN¥1.79b (down 15% from 2Q 2022). Net income: CN¥396.2m (down 3.0% from 2Q 2022). Profit margin: 22% (up from 19% in 2Q 2022). The increase in margin was driven by lower expenses. Duyuru • Jun 28
Xinjiang Joinworld Co.,Ltd. to Report First Half, 2023 Results on Aug 15, 2023 Xinjiang Joinworld Co.,Ltd. announced that they will report first half, 2023 results on Aug 15, 2023 Reported Earnings • Apr 08
Full year 2022 earnings released: EPS: CN¥1.16 (vs CN¥0.70 in FY 2021) Full year 2022 results: EPS: CN¥1.16 (up from CN¥0.70 in FY 2021). Revenue: CN¥7.74b (down 6.0% from FY 2021). Net income: CN¥1.55b (up 82% from FY 2021). Profit margin: 20% (up from 10% in FY 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 64% per year but the company’s share price has only increased by 25% per year, which means it is significantly lagging earnings growth. Reported Earnings • Oct 25
Third quarter 2022 earnings released: EPS: CN¥0.36 (vs CN¥0.21 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.36 (up from CN¥0.21 in 3Q 2021). Revenue: CN¥1.72b (down 21% from 3Q 2021). Net income: CN¥465.0m (up 74% from 3Q 2021). Profit margin: 27% (up from 12% in 3Q 2021). The increase in margin was driven by lower expenses. Revenue is forecast to grow 6.4% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Metals and Mining industry in China. Over the last 3 years on average, earnings per share has increased by 66% per year but the company’s share price has only increased by 22% per year, which means it is significantly lagging earnings growth. Reported Earnings • Aug 24
Second quarter 2022 earnings released: EPS: CN¥0.28 (vs CN¥0.14 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.28 (up from CN¥0.14 in 2Q 2021). Revenue: CN¥2.12b (down 2.9% from 2Q 2021). Net income: CN¥408.6m (up 130% from 2Q 2021). Profit margin: 19% (up from 8.1% in 2Q 2021). The increase in margin was driven by lower expenses. Over the next year, revenue is forecast to grow 7.0%, compared to a 32% growth forecast for the Metals and Mining industry in China. Over the last 3 years on average, earnings per share has increased by 64% per year but the company’s share price has only increased by 27% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Jun 14
Investor sentiment improved over the past week After last week's 18% share price gain to CN¥10.22, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 15x in the Metals and Mining industry in China. Total returns to shareholders of 145% over the past three years. Reported Earnings • Apr 27
First quarter 2022 earnings: EPS and revenues exceed analyst expectations First quarter 2022 results: EPS: CN¥0.31 (up from CN¥0.14 in 1Q 2021). Revenue: CN¥2.12b (up 17% from 1Q 2021). Net income: CN¥379.5m (up 162% from 1Q 2021). Profit margin: 18% (up from 8.0% in 1Q 2021). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 17%. Earnings per share (EPS) also surpassed analyst estimates by 9.9%. Over the next year, revenue is forecast to grow 5.2%, compared to a 35% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has increased by 58% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Apr 13
Investor sentiment improved over the past week After last week's 17% share price gain to CN¥8.48, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 16x in the Metals and Mining industry in China. Total returns to shareholders of 69% over the past three years. Reported Earnings • Mar 06
Full year 2021 earnings: EPS and revenues exceed analyst expectations Full year 2021 results: EPS: CN¥0.70 (up from CN¥0.35 in FY 2020). Revenue: CN¥8.23b (up 44% from FY 2020). Net income: CN¥809.9m (up 131% from FY 2020). Profit margin: 9.8% (up from 6.1% in FY 2020). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 17%. Earnings per share (EPS) also surpassed analyst estimates by 12%. Over the next year, revenue is expected to shrink by 4.0% compared to a 10,675% growth forecast for the mining industry in China. Over the last 3 years on average, earnings per share has increased by 50% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Nov 17
Investor sentiment improved over the past week After last week's 15% share price gain to CN¥9.67, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 18x in the Metals and Mining industry in China. Total returns to shareholders of 140% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥14.41 per share. Reported Earnings • Oct 28
Third quarter 2021 earnings released: EPS CN¥0.21 (vs CN¥0.10 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: CN¥2.18b (up 41% from 3Q 2020). Net income: CN¥268.1m (up 152% from 3Q 2020). Profit margin: 12% (up from 6.9% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has only increased by 28% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Oct 19
Investor sentiment improved over the past week After last week's 15% share price gain to CN¥8.98, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 19x in the Metals and Mining industry in China. Total returns to shareholders of 144% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥7.67 per share. Valuation Update With 7 Day Price Move • Sep 27
Investor sentiment deteriorated over the past week After last week's 16% share price decline to CN¥8.80, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 19x in the Metals and Mining industry in China. Total returns to shareholders of 96% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥7.34 per share. Valuation Update With 7 Day Price Move • Sep 08
Investor sentiment improved over the past week After last week's 18% share price gain to CN¥10.57, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 21x in the Metals and Mining industry in China. Total returns to shareholders of 137% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥7.32 per share. Reported Earnings • Aug 13
Second quarter 2021 earnings released: EPS CN¥0.14 (vs CN¥0.071 in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CN¥2.18b (up 53% from 2Q 2020). Net income: CN¥177.5m (up 153% from 2Q 2020). Profit margin: 8.1% (up from 4.9% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Jul 23
Investor sentiment improved over the past week After last week's 16% share price gain to CN¥7.16, the stock trades at a trailing P/E ratio of 16.7x. Average trailing P/E is 30x in the Metals and Mining industry in China. Total returns to shareholders of 39% over the past three years. Reported Earnings • May 02
First quarter 2021 earnings released The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: CN¥1.81b (up 97% from 1Q 2020). Net income: CN¥144.8m (up 126% from 1Q 2020). Profit margin: 8.0% (up from 7.0% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Duyuru • Apr 08
Xinjiang Joinworld Co.,Ltd. announced that it expects to receive CNY 1.2 billion in funding Xinjiang Joinworld Co.,Ltd. (SHSE:600888) announced a private placement common shares for gross proceeds of CNY 1,200,000,000 on April 7, 2021. Valuation Update With 7 Day Price Move • Mar 17
Investor sentiment improved over the past week After last week's 15% share price gain to CN¥6.65, the stock trades at a trailing P/E ratio of 19.2x. Average trailing P/E is 33x in the Metals and Mining industry in China. Total returns to shareholders of 18% over the past three years. Is New 90 Day High Low • Mar 16
New 90-day high: CN¥6.75 The company is up 9.0% from a price of CN¥6.18 on 16 December 2020. Outperformed the Chinese market which is down 2.0% over the last 90 days. Lagged the Metals and Mining industry, which is up 18% over the same period. Reported Earnings • Mar 10
Full year 2020 earnings released: EPS CN¥0.35 (vs CN¥0.15 in FY 2019) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: CN¥5.72b (up 20% from FY 2019). Net income: CN¥351.1m (up 150% from FY 2019). Profit margin: 6.1% (up from 3.0% in FY 2019). The increase in margin was driven by higher revenue. 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 2% per year, which means it is significantly lagging earnings. Is New 90 Day High Low • Jan 11
New 90-day low: CN¥5.44 The company is down 13% from its price of CN¥6.22 on 13 October 2020. The Chinese market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Metals and Mining industry, which is up 17% over the same period. Is New 90 Day High Low • Nov 05
New 90-day high: CN¥6.27 The company is up 12% from its price of CN¥5.58 on 07 August 2020. The Chinese market is down 4.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is down 11% over the same period. Reported Earnings • Oct 28
Third quarter earnings released Over the last 12 months the company has reported total profits of CN¥251.7m, up 56% from the prior year. Total revenue was CN¥5.13b over the last 12 months, up 4.9% from the prior year. Is New 90 Day High Low • Oct 12
New 90-day high: CN¥6.20 The company is up 14% from its price of CN¥5.42 on 14 July 2020. The Chinese market is down 6.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is down 9.0% over the same period. Valuation Update With 7 Day Price Move • Oct 12
Market bids up stock over the past week After last week's 18% share price gain to CN¥6.20, the stock is trading at a trailing P/E ratio of 34.2x, up from the previous P/E ratio of 29x. This compares to an average P/E of 34x in the Metals and Mining industry in China. Total return to shareholders over the past three years is a loss of 13%. Is New 90 Day High Low • Sep 21
New 90-day high: CN¥5.89 The company is up 29% from its price of CN¥4.57 on 23 June 2020. The Chinese market is up 14% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 11% over the same period. Duyuru • Jul 08
Xinjiang Joinworld Co.,Ltd. to Report First Half, 2020 Results on Aug 18, 2020 Xinjiang Joinworld Co.,Ltd. announced that they will report first half, 2020 results on Aug 18, 2020