Duyuru • Apr 10
Grace Fabric Technology Co.,Ltd., Annual General Meeting, May 15, 2026 Grace Fabric Technology Co.,Ltd., Annual General Meeting, May 15, 2026, at 13:30 China Standard Time. Location: The Company's Meeting Room, Shanghai China Reported Earnings • Apr 10
Full year 2025 earnings: EPS and revenues exceed analyst expectations Full year 2025 results: EPS: CN¥0.23 (up from CN¥0.03 in FY 2024). Revenue: CN¥1.17b (up 40% from FY 2024). Net income: CN¥201.9m (up CN¥179.1m from FY 2024). Profit margin: 17% (up from 2.7% in FY 2024). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 2.2%. Earnings per share (EPS) also surpassed analyst estimates by 15%. Revenue is forecast to grow 19% p.a. on average during the next 2 years, compared to a 16% growth forecast for the Chemicals industry in China. Over the last 3 years on average, earnings per share has increased by 83% per year but the company’s share price has increased by 118% per year, which means it is tracking significantly ahead of earnings growth. Duyuru • Mar 30
Grace Fabric Technology Co.,Ltd. to Report Q1, 2026 Results on Apr 17, 2026 Grace Fabric Technology Co.,Ltd. announced that they will report Q1, 2026 results on Apr 17, 2026 Duyuru • Dec 26
Grace Fabric Technology Co.,Ltd. to Report Fiscal Year 2025 Results on Apr 10, 2026 Grace Fabric Technology Co.,Ltd. announced that they will report fiscal year 2025 results on Apr 10, 2026 New Risk • Nov 11
New minor risk - Financial position The company has a high level of debt. Net debt to equity ratio: 45% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (12% average weekly change). Minor Risk High level of debt (45% net debt to equity). Reported Earnings • Nov 03
Third quarter 2025 earnings released: EPS: CN¥0.06 (vs CN¥0.01 in 3Q 2024) Third quarter 2025 results: EPS: CN¥0.06 (up from CN¥0.01 in 3Q 2024). Revenue: CN¥302.1m (up 43% from 3Q 2024). Net income: CN¥51.4m (up CN¥44.5m from 3Q 2024). Profit margin: 17% (up from 3.3% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 9.0% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Chemicals industry in China. Over the last 3 years on average, earnings per share has increased by 46% per year but the company’s share price has increased by 69% per year, which means it is tracking significantly ahead of earnings growth. Duyuru • Sep 30
Grace Fabric Technology Co.,Ltd. to Report Q3, 2025 Results on Oct 30, 2025 Grace Fabric Technology Co.,Ltd. announced that they will report Q3, 2025 results on Oct 30, 2025 Duyuru • Jun 30
Grace Fabric Technology Co.,Ltd. to Report First Half, 2025 Results on Aug 28, 2025 Grace Fabric Technology Co.,Ltd. announced that they will report first half, 2025 results on Aug 28, 2025 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 8.3% 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 Interest payments are not well covered by earnings (2.6x net interest cover). Minor Risks Share price has been volatile over the past 3 months (8.3% average weekly change). Large one-off items impacting financial results. Duyuru • Apr 29
Grace Fabric Technology Co.,Ltd., Annual General Meeting, May 28, 2025 Grace Fabric Technology Co.,Ltd., Annual General Meeting, May 28, 2025, at 13:30 China Standard Time. Duyuru • Mar 28
Grace Fabric Technology Co.,Ltd. to Report Q1, 2025 Results on Apr 29, 2025 Grace Fabric Technology Co.,Ltd. announced that they will report Q1, 2025 results on Apr 29, 2025 New Risk • Feb 05
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 8.7% 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. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (0.1x net interest cover). Minor Risk Share price has been volatile over the past 3 months (8.7% average weekly change). New Risk • Jan 12
New major risk - Financial data availability The company has not reported any financial data. This is considered a major risk. With no or incomplete audited reported financial data, it is virtually impossible to assess the company's investment potential. This is currently the only risk that has been identified for the company. Duyuru • Dec 27
Grace Fabric Technology Co.,Ltd. to Report Fiscal Year 2024 Results on Apr 29, 2025 Grace Fabric Technology Co.,Ltd. announced that they will report fiscal year 2024 results on Apr 29, 2025 Reported Earnings • Oct 31
Third quarter 2024 earnings released: EPS: CN¥0.01 (vs CN¥0.042 loss in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.01 (up from CN¥0.042 loss in 3Q 2023). Revenue: CN¥211.1m (up 1.2% from 3Q 2023). Net income: CN¥6.91m (up CN¥29.7m from 3Q 2023). Profit margin: 3.3% (up from net loss in 3Q 2023). Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Chemicals industry in China. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 106 percentage points per year, which is a significant difference in performance. Duyuru • Sep 30
Grace Fabric Technology Co.,Ltd. to Report Q3, 2024 Results on Oct 30, 2024 Grace Fabric Technology Co.,Ltd. announced that they will report Q3, 2024 results on Oct 30, 2024 Reported Earnings • Aug 31
Second quarter 2024 earnings released: EPS: CN¥0.011 (vs CN¥0.015 loss in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.011 (up from CN¥0.015 loss in 2Q 2023). Revenue: CN¥217.8m (up 31% from 2Q 2023). Net income: CN¥8.89m (up CN¥25.8m from 2Q 2023). Profit margin: 4.1% (up from net loss in 2Q 2023). The move to profitability was driven by higher revenue. Revenue is forecast to grow 10.0% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Chemicals industry in China. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 91 percentage points per year, which is a significant difference in performance. Duyuru • Jun 28
Grace Fabric Technology Co.,Ltd. to Report First Half, 2024 Results on Aug 30, 2024 Grace Fabric Technology Co.,Ltd. announced that they will report first half, 2024 results on Aug 30, 2024 Duyuru • Apr 29
Grace Fabric Technology Co.,Ltd., Annual General Meeting, May 21, 2024 Grace Fabric Technology Co.,Ltd., Annual General Meeting, May 21, 2024, at 13:00 China Standard Time. Location: The Company's Meeting Room, Shanghai China Reported Earnings • Apr 28
Full year 2023 earnings: EPS and revenues miss analyst expectations Full year 2023 results: CN¥0.07 loss per share (down from CN¥0.06 profit in FY 2022). Revenue: CN¥661.2m (up 8.0% from FY 2022). Net loss: CN¥63.1m (down 221% from profit in FY 2022). Revenue missed analyst estimates by 2.0%. Earnings per share (EPS) were also behind analyst expectations. Revenue is forecast to grow 20% p.a. on average during the next 2 years, compared to a 16% growth forecast for the Chemicals industry in China. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 65 percentage points per year, which is a significant difference in performance. Duyuru • Mar 30
Grace Fabric Technology Co.,Ltd. to Report Q1, 2024 Results on Apr 27, 2024 Grace Fabric Technology Co.,Ltd. announced that they will report Q1, 2024 results on Apr 27, 2024 Duyuru • Dec 29
Grace Fabric Technology Co.,Ltd. to Report Fiscal Year 2023 Results on Apr 27, 2024 Grace Fabric Technology Co.,Ltd. announced that they will report fiscal year 2023 results on Apr 27, 2024 Reported Earnings • Nov 01
Third quarter 2023 earnings released: CN¥0.042 loss per share (vs CN¥0.01 profit in 3Q 2022) Third quarter 2023 results: CN¥0.042 loss per share (down from CN¥0.01 profit in 3Q 2022). Revenue: CN¥208.6m (up 73% from 3Q 2022). Net loss: CN¥22.8m (down 390% from profit in 3Q 2022). Revenue is forecast to grow 19% p.a. on average during the next 3 years, compared to a 19% growth forecast for the Chemicals industry in China. Over the last 3 years on average, earnings per share has fallen by 58% 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. Reported Earnings • Aug 26
Second quarter 2023 earnings released: CN¥0.015 loss per share (vs CN¥0.02 profit in 2Q 2022) Second quarter 2023 results: CN¥0.015 loss per share (down from CN¥0.02 profit in 2Q 2022). Revenue: CN¥166.0m (up 2.3% from 2Q 2022). Net loss: CN¥17.0m (down 193% from profit in 2Q 2022). Revenue is forecast to grow 22% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Chemicals industry in China. Over the last 3 years on average, earnings per share has fallen by 39% per year but the company’s share price has only fallen by 17% per year, which means it has not declined as severely as earnings. Reported Earnings • Apr 28
First quarter 2023 earnings released: CN¥0.004 loss per share (vs CN¥0.02 profit in 1Q 2022) First quarter 2023 results: CN¥0.004 loss per share (down from CN¥0.02 profit in 1Q 2022). Revenue: CN¥122.3m (down 31% from 1Q 2022). Net loss: CN¥3.77m (down 124% from profit in 1Q 2022). Revenue is forecast to grow 30% p.a. on average during the next 2 years, compared to a 16% growth forecast for the Chemicals 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 only fallen by 11% per year, which means it has not declined as severely as earnings. Board Change • Nov 16
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. No highly experienced directors. No independent directors (4 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Reported Earnings • Oct 28
Third quarter 2022 earnings released: EPS: CN¥0.01 (vs CN¥0.031 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.01 (down from CN¥0.031 in 3Q 2021). Revenue: CN¥120.7m (down 42% from 3Q 2021). Net income: CN¥7.87m (down 75% from 3Q 2021). Profit margin: 6.5% (down from 15% in 3Q 2021). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 25% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Chemicals industry in China. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has fallen by 24% per year, which means it is performing significantly worse than earnings. Reported Earnings • Aug 31
Second quarter 2022 earnings released: EPS: CN¥0.02 (vs CN¥0.054 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.02 (down from CN¥0.054 in 2Q 2021). Revenue: CN¥162.2m (down 20% from 2Q 2021). Net income: CN¥18.3m (down 53% from 2Q 2021). Profit margin: 11% (down from 19% in 2Q 2021). The decrease in margin was driven by lower revenue. Over the next year, revenue is forecast to grow 29%, compared to a 40% growth forecast for the Chemicals industry in China. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has fallen by 31% per year, which means it is performing significantly worse than earnings. Reported Earnings • Apr 27
Full year 2021 earnings released: EPS: CN¥0.14 (vs CN¥0.13 in FY 2020) Full year 2021 results: EPS: CN¥0.14 (up from CN¥0.13 in FY 2020). Revenue: CN¥808.2m (up 30% from FY 2020). Net income: CN¥124.3m (up 6.1% from FY 2020). Profit margin: 15% (down from 19% in FY 2020). The decrease in margin was driven by higher expenses. Reported Earnings • Oct 31
Third quarter 2021 earnings released: EPS CN¥0.031 (vs CN¥0.03 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: CN¥209.7m (up 37% from 3Q 2020). Net income: CN¥31.9m (up 48% from 3Q 2020). Profit margin: 15% (up from 14% in 3Q 2020). The increase in margin was driven by higher revenue. Reported Earnings • Aug 30
Second quarter 2021 earnings released: EPS CN¥0.054 (vs CN¥0.04 in 2Q 2020) The company reported a solid second quarter result with improved earnings and revenues, although profit margins were weaker. Second quarter 2021 results: Revenue: CN¥203.6m (up 28% from 2Q 2020). Net income: CN¥38.9m (up 8.4% from 2Q 2020). Profit margin: 19% (down from 23% in 2Q 2020). The decrease in margin was driven by higher expenses. Reported Earnings • May 01
First quarter 2021 earnings released: EPS CN¥0.03 (vs CN¥0.03 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¥190.4m (up 29% from 1Q 2020). Net income: CN¥30.0m (up 6.0% from 1Q 2020). Profit margin: 16% (down from 19% in 1Q 2020). The decrease in margin was driven by higher expenses. Valuation Update With 7 Day Price Move • Jan 14
Investor sentiment improved over the past week After last week's 19% share price gain to CN¥9.99, the stock is trading at a trailing P/E ratio of 53x, up from the previous P/E ratio of 44.4x. This compares to an average P/E of 35x in the Chemicals industry in China. Total return to shareholders over the past year is a loss of 36%. Valuation Update With 7 Day Price Move • Dec 16
Investor sentiment deteriorated over the past week After last week's 15% share price decline to CN¥9.16, the stock is trading at a trailing P/E ratio of 48.6x, down from the previous P/E ratio of 57.2x. This compares to an average P/E of 37x in the Chemicals industry in China. Total return to shareholders over the past year is a loss of 42%. Is New 90 Day High Low • Dec 11
New 90-day low: CN¥10.06 The company is down 14% from its price of CN¥11.69 on 11 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 Chemicals industry, which is up 9.0% over the same period. Is New 90 Day High Low • Nov 07
New 90-day low: CN¥10.14 The company is down 21% from its price of CN¥12.89 on 07 August 2020. The Chinese market is down 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is flat 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¥109.0m, down 7.2% from the prior year. Total revenue was CN¥625.3m over the last 12 months, down 8.0% from the prior year. Is New 90 Day High Low • Oct 16
New 90-day low: CN¥10.70 The company is down 13% from its price of CN¥12.37 on 17 July 2020. The Chinese market is up 4.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 12% over the same period. Is New 90 Day High Low • Sep 24
New 90-day low: CN¥10.92 The company is down 3.0% from its price of CN¥11.21 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 Chemicals industry, which is up 21% over the same period. Duyuru • Jul 10
Grace Fabric Technology Co.,Ltd. to Report First Half, 2020 Results on Aug 28, 2020 Grace Fabric Technology Co.,Ltd. announced that they will report first half, 2020 results on Aug 28, 2020