Reported Earnings • Apr 29
Full year 2025 earnings released: CN¥0.019 loss per share (vs CN¥0.16 profit in FY 2024) Full year 2025 results: CN¥0.019 loss per share (down from CN¥0.16 profit in FY 2024). Revenue: CN¥9.91b (up 10% from FY 2024). Net loss: CN¥18.5m (down 112% from profit in FY 2024). Over the last 3 years on average, earnings per share has fallen by 61% 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 • Apr 29
Baowu Magnesium Technology Co., Ltd., Annual General Meeting, May 21, 2026 Baowu Magnesium Technology Co., Ltd., Annual General Meeting, May 21, 2026, at 14:00 China Standard Time. Location: 4F, No. 11, Kaiping Road, Dongping Subdistrict, Lishui District, Nanjing, Jiangsu China New Risk • Apr 20
New major risk - Revenue and earnings growth Earnings have declined by 20% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.1x net interest cover). Earnings have declined by 20% per year over the past 5 years. Minor Risk Profit margins are more than 30% lower than last year (1.0% net profit margin). Duyuru • Mar 31
Baowu Magnesium Technology Co., Ltd. to Report Q1, 2026 Results on Apr 29, 2026 Baowu Magnesium Technology Co., Ltd. announced that they will report Q1, 2026 results on Apr 29, 2026 New Risk • Mar 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 7.9% 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 Interest payments are not well covered by earnings (2.1x net interest cover). Minor Risks Share price has been volatile over the past 3 months (7.9% average weekly change). Profit margins are more than 30% lower than last year (1.0% net profit margin). Duyuru • Dec 31
Baowu Magnesium Technology Co., Ltd. to Report Fiscal Year 2025 Results on Apr 29, 2026 Baowu Magnesium Technology Co., Ltd. announced that they will report fiscal year 2025 results on Apr 29, 2026 New Risk • Oct 28
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 21% 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: Major Risk Debt is not well covered by operating cash flow (5.6% operating cash flow to total debt). Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.0% net profit margin). Reported Earnings • Oct 28
Third quarter 2025 earnings released: EPS: CN¥0.024 (vs CN¥0.034 in 3Q 2024) Third quarter 2025 results: EPS: CN¥0.024 (down from CN¥0.034 in 3Q 2024). Revenue: CN¥2.62b (up 15% from 3Q 2024). Net income: CN¥23.3m (down 31% from 3Q 2024). Profit margin: 0.9% (down from 1.5% in 3Q 2024). Revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 9.4% growth forecast for the Metals and Mining industry in China. Over the last 3 years on average, earnings per share has fallen by 61% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings. Duyuru • Sep 30
Baowu Magnesium Technology Co., Ltd. to Report Q3, 2025 Results on Oct 28, 2025 Baowu Magnesium Technology Co., Ltd. announced that they will report Q3, 2025 results on Oct 28, 2025 Duyuru • Jul 02
Baowu Magnesium Technology Co., Ltd. to Report First Half, 2025 Results on Aug 28, 2025 Baowu Magnesium Technology Co., Ltd. announced that they will report first half, 2025 results on Aug 28, 2025 Declared Dividend • May 31
Dividend of CN¥0.05 announced Shareholders will receive a dividend of CN¥0.05. Ex-date: 6th June 2025 Payment date: 6th June 2025 Dividend yield will be 0.4%, which is lower than the industry average of 2.8%. Sustainability & Growth Dividend is covered by earnings (39% 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 3.4% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 271% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Apr 25
First quarter 2025 earnings released: EPS: CN¥0.028 (vs CN¥0.061 in 1Q 2024) First quarter 2025 results: EPS: CN¥0.028 (down from CN¥0.061 in 1Q 2024). Revenue: CN¥2.03b (up 9.1% from 1Q 2024). Net income: CN¥28.2m (down 54% from 1Q 2024). Profit margin: 1.4% (down from 3.3% in 1Q 2024). Revenue is forecast to grow 26% p.a. on average during the next 2 years, compared to a 10% growth forecast for the Metals and Mining 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 1% per year, which means it has not declined as severely as earnings. Duyuru • Apr 25
Baowu Magnesium Technology Co., Ltd., Annual General Meeting, May 22, 2025 Baowu Magnesium Technology Co., Ltd., Annual General Meeting, May 22, 2025, at 14:00 China Standard Time. Location: The Company's Meeting Room, Nanjing, Jiangsu China Duyuru • Mar 31
Baowu Magnesium Technology Co., Ltd. to Report Q1, 2025 Results on Apr 25, 2025 Baowu Magnesium Technology Co., Ltd. announced that they will report Q1, 2025 results on Apr 25, 2025 Duyuru • Dec 31
Baowu Magnesium Technology Co., Ltd. to Report Fiscal Year 2024 Results on Apr 25, 2025 Baowu Magnesium Technology Co., Ltd. announced that they will report fiscal year 2024 results on Apr 25, 2025 Valuation Update With 7 Day Price Move • Dec 09
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to CN¥13.29, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 15x in the Metals and Mining industry in China. Total loss to shareholders of 20% over the past three years. Reported Earnings • Oct 29
Third quarter 2024 earnings released: EPS: CN¥0.034 (vs CN¥0.092 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.034 (down from CN¥0.092 in 3Q 2023). Revenue: CN¥2.27b (up 12% from 3Q 2023). Net income: CN¥34.0m (down 61% from 3Q 2023). Profit margin: 1.5% (down from 4.2% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 25% p.a. on average during the next 3 years, compared to a 9.5% growth forecast for the Metals and Mining industry in China. Over the last 3 years on average, earnings per share has fallen by 33% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings. Duyuru • Sep 30
Baowu Magnesium Technology Co., Ltd. to Report Q3, 2024 Results on Oct 29, 2024 Baowu Magnesium Technology Co., Ltd. announced that they will report Q3, 2024 results on Oct 29, 2024 Valuation Update With 7 Day Price Move • Sep 27
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to CN¥10.55, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 13x in the Metals and Mining industry in China. Total loss to shareholders of 28% over the past three years. Price Target Changed • Aug 08
Price target decreased by 12% to CN¥15.90 Down from CN¥17.97, the current price target is an average from 2 analysts. New target price is 65% above last closing price of CN¥9.64. Stock is down 38% over the past year. The company is forecast to post earnings per share of CN¥0.36 for next year compared to CN¥0.33 last year. Major Estimate Revision • Aug 06
Consensus EPS estimates fall by 13% The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from CN¥9.43b to CN¥9.33b. EPS estimate also fell from CN¥0.456 per share to CN¥0.396 per share. Net income forecast to grow 103% next year vs 34% growth forecast for Metals and Mining industry in China. Consensus price target up from CN¥16.03 to CN¥17.97. Share price fell 3.0% to CN¥9.77 over the past week. Price Target Changed • Jul 31
Price target increased by 12% to CN¥17.97 Up from CN¥16.03, the current price target is an average from 2 analysts. New target price is 76% above last closing price of CN¥10.22. Stock is down 35% over the past year. The company is forecast to post earnings per share of CN¥0.44 for next year compared to CN¥0.33 last year. Reported Earnings • Jul 31
Second quarter 2024 earnings released: EPS: CN¥0.06 (vs CN¥0.078 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.06 (down from CN¥0.078 in 2Q 2023). Revenue: CN¥2.21b (up 20% from 2Q 2023). Net income: CN¥59.1m (down 17% from 2Q 2023). Profit margin: 2.7% (down from 3.8% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 26% p.a. on average during the next 3 years, compared to a 9.5% growth forecast for the Metals and Mining industry in China. Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings. Duyuru • Jun 29
Baowu Magnesium Technology Co., Ltd. to Report First Half, 2024 Results on Jul 31, 2024 Baowu Magnesium Technology Co., Ltd. announced that they will report first half, 2024 results on Jul 31, 2024 Valuation Update With 7 Day Price Move • Jun 13
Investor sentiment deteriorates as stock falls 31% After last week's 31% share price decline to CN¥12.76, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 14x in the Metals and Mining industry in China. Total returns to shareholders of 4.9% over the past three years. Declared Dividend • Jun 08
Dividend increased to CN¥0.13 Dividend of CN¥0.13 is 30% higher than last year. Ex-date: 14th June 2024 Payment date: 14th June 2024 Dividend yield will be 0.7%, which is lower than the industry average of 2.8%. Sustainability & Growth Dividend is covered by earnings (28% 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 10% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 206% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Duyuru • Jun 08
Baowu Magnesium Technology Co., Ltd. Announces Implementation of Final Profit Distribution Plan (A Shares) for 2023, Payable on 14 June 2024 Baowu Magnesium Technology Co., Ltd. announced 2023 final profit distribution plan to be implemented (A shares) as Cash dividend/10 shares (tax included): CNY 1.30000000. Record date: 13 June 2024, Ex-date: 14 June 2024, Payment date: 14 June 2024. Major Estimate Revision • May 16
Consensus revenue estimates increase by 11% The consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast increased from CN¥9.43b to CN¥10.4b. EPS estimate unchanged at CN¥0.656. Net income forecast to grow 88% next year vs 36% growth forecast for Metals and Mining industry in China. Consensus price target of CN¥22.44 unchanged from last update. Share price fell 6.6% to CN¥17.32 over the past week. Major Estimate Revision • May 01
Consensus revenue estimates fall by 25% The consensus outlook for revenues in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from CN¥12.5b to CN¥9.41b. EPS estimate fell from CN¥1.28 to CN¥1.07 per share. Net income forecast to grow 141% next year vs 41% growth forecast for Metals and Mining industry in China. Consensus price target down from CN¥23.79 to CN¥22.44. Share price rose 5.8% to CN¥18.51 over the past week. Duyuru • Apr 27
Baowu Magnesium Technology Co., Ltd. Proposes Final Cash Dividend for 2023 Baowu Magnesium Technology Co., Ltd. announced on 25 April 2024 the final profit distribution proposal for 2023: cash dividend/10 shares (tax included) of CNY 1.30000000. Price Target Changed • Apr 26
Price target decreased by 13% to CN¥21.94 Down from CN¥25.29, the current price target is an average from 2 analysts. New target price is 20% above last closing price of CN¥18.34. Stock is down 21% over the past year. The company is forecast to post earnings per share of CN¥1.12 for next year compared to CN¥0.46 last year. Duyuru • Apr 26
Baowu Magnesium Technology Co., Ltd., Annual General Meeting, May 28, 2024 Baowu Magnesium Technology Co., Ltd., Annual General Meeting, May 28, 2024, at 14:00 China Standard Time. Location: The Company's Meeting Room, Nanjing, Jiangsu China Reported Earnings • Mar 31
Full year 2023 earnings released: EPS: CN¥0.46 (vs CN¥0.95 in FY 2022) Full year 2023 results: EPS: CN¥0.46 (down from CN¥0.95 in FY 2022). Revenue: CN¥7.65b (down 16% from FY 2022). Net income: CN¥306.4m (down 50% from FY 2022). Profit margin: 4.0% (down from 6.7% in FY 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 41% p.a. on average during the next 2 years, compared to a 10% growth forecast for the Metals and Mining industry in China. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has increased by 19% per year, which means it is tracking significantly ahead of earnings growth. Duyuru • Mar 30
Baowu Magnesium Technology Co., Ltd. to Report Q1, 2024 Results on Apr 25, 2024 Baowu Magnesium Technology Co., Ltd. announced that they will report Q1, 2024 results on Apr 25, 2024 Valuation Update With 7 Day Price Move • Feb 05
Investor sentiment deteriorates as stock falls 20% After last week's 20% share price decline to CN¥13.05, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 11x in the Metals and Mining industry in China. Total returns to shareholders of 23% over the past three years. Valuation Update With 7 Day Price Move • Jan 22
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to CN¥15.54, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 12x in the Metals and Mining industry in China. Total returns to shareholders of 29% over the past three years. Duyuru • Jan 16
Baowu Magnesium Technology Co., Ltd. Announces Directorate Elections Baowu Magnesium Technology Co., Ltd. at its EGM held on January 12, 2024, approved Election of non-independent directors: Wen Faping, non-independent director, Zhang Yi, non-independent director and Election of independent directors: Li Chunkun, independent director, Zou Jianxin, independent director. Duyuru • Dec 29
Baowu Magnesium Technology Co., Ltd. to Report Fiscal Year 2023 Results on Apr 25, 2024 Baowu Magnesium Technology Co., Ltd. announced that they will report fiscal year 2023 results on Apr 25, 2024 Major Estimate Revision • Nov 02
Consensus revenue estimates fall by 11% The consensus outlook for revenues in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from CN¥11.1b to CN¥9.88b. EPS estimate fell from CN¥0.897 to CN¥0.607 per share. Net income forecast to grow 199% next year vs 61% growth forecast for Metals and Mining industry in China. Consensus price target of CN¥27.63 unchanged from last update. Share price rose 9.6% to CN¥19.28 over the past week. New Risk • Oct 29
New major risk - Financial position The company's interest payments are not well covered by earnings. Net interest cover: 3.0x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (3.0x net interest cover). Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (3.2% net profit margin). Shareholders have been diluted in the past year (9.6% increase in shares outstanding). Reported Earnings • Oct 27
Third quarter 2023 earnings released: EPS: CN¥0.13 (vs CN¥0.12 in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.13 (up from CN¥0.12 in 3Q 2022). Revenue: CN¥2.03b (down 5.3% from 3Q 2022). Net income: CN¥86.1m (up 13% from 3Q 2022). Profit margin: 4.2% (up from 3.6% in 3Q 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 42% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Metals and Mining 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 increased by 24% per year, which means it is tracking significantly ahead of earnings growth. Board Change • Oct 14
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Shareholder Representative Supervisor Niansheng Ma was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. New Risk • Sep 08
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 9.6% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.9x net interest cover). Minor Risks Profit margins are more than 30% lower than last year (3.0% net profit margin). Shareholders have been diluted in the past year (9.6% increase in shares outstanding). New Risk • Sep 06
New major risk - Financial position The company's interest payments are not well covered by earnings. Net interest cover: 2.9x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.9x net interest cover). Minor Risk Profit margins are more than 30% lower than last year (3.0% net profit margin). Reported Earnings • Aug 25
Second quarter 2023 earnings released: EPS: CN¥0.11 (vs CN¥0.31 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.11 (down from CN¥0.31 in 2Q 2022). Revenue: CN¥1.84b (down 25% from 2Q 2022). Net income: CN¥70.7m (down 64% from 2Q 2022). Profit margin: 3.8% (down from 8.1% in 2Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 40% 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 2% per year but the company’s share price has increased by 19% per year, which means it is tracking significantly ahead of earnings growth. Duyuru • Jul 01
Nanjing Yunhai Special Metals Co., Ltd to Report First Half, 2023 Results on Aug 25, 2023 Nanjing Yunhai Special Metals Co., Ltd announced that they will report first half, 2023 results on Aug 25, 2023 Duyuru • Jun 03
Nanjing Yunhai Special Metals Co., Ltd Announces Final Profit Distribution Plan to Be Implemented on A Shares for the Year 2022, Payable on 09 June 2023 Nanjing Yunhai Special Metals Co. Ltd. announced final profit distribution plan to be implemented on A shares as cash dividend per ten shares (tax included) of CNY 1.00000000 for the year 2022, payable on 09 June 2023. Record date is 08 June 2023. Ex-date is 09 June 2023. Duyuru • May 06
Nanjing Yunhai Special Metals Co., Ltd Approves Final Cash Dividend for the Year 2022 Nanjing Yunhai Special Metals Co. Ltd. held its Annual General Meeting of 2022 on 28 April 2023, during which the shareholders approved the final cash dividend/10 shares (tax included) of CNY 1.00000000 for the year 2022. Valuation Update With 7 Day Price Move • Apr 14
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to CN¥25.99, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 15x in the Metals and Mining industry in China. Total returns to shareholders of 170% over the past three years. Reported Earnings • Apr 08
Full year 2022 earnings: EPS and revenues miss analyst expectations Full year 2022 results: EPS: CN¥0.95 (up from CN¥0.76 in FY 2021). Revenue: CN¥9.10b (up 12% from FY 2021). Net income: CN¥611.3m (up 24% from FY 2021). Profit margin: 6.7% (up from 6.1% in FY 2021). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 13%. Earnings per share (EPS) also missed analyst estimates by 37%. Revenue is forecast to grow 32% 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 fallen by 3% per year but the company’s share price has increased by 32% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Nov 07
Investor sentiment improved over the past week After last week's 16% share price gain to CN¥21.91, the stock trades at a trailing P/E ratio of 17.5x. Average trailing P/E is 30x in the Metals and Mining industry in China. Total returns to shareholders of 172% over the past three years. Reported Earnings • Oct 28
Third quarter 2022 earnings released: EPS: CN¥0.12 (vs CN¥0.19 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.12 (down from CN¥0.19 in 3Q 2021). Revenue: CN¥2.14b (up 4.4% from 3Q 2021). Net income: CN¥76.4m (down 37% from 3Q 2021). Profit margin: 3.6% (down from 5.9% in 3Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 34% per year, which means it is well ahead of earnings. Duyuru • Oct 19
Nanjing Yunhai Special Metals Co., Ltd. announced that it expects to receive CNY 1.1 billion in funding from Baosteel Metal Co., Ltd. Nanjing Yunhai Special Metals Co., Ltd. announced a private placement of 62,000,000 common shares to be issued at a price of CNY 17.741935 for proceeds of up to CNY 1,100,000,000 on October 18, 2022. The transaction will include participation from returning investor Baosteel Metal Co., Ltd. After the completion of the transaction, the investor will hold 21.53% stake in the company. Reported Earnings • Aug 18
Second quarter 2022 earnings released: EPS: CN¥0.31 (vs CN¥0.10 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.31 (up from CN¥0.10 in 2Q 2021). Revenue: CN¥2.46b (up 32% from 2Q 2021). Net income: CN¥198.9m (up 198% from 2Q 2021). Profit margin: 8.1% (up from 3.6% in 2Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 46%, 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 fallen by 6% per year but the company’s share price has increased by 37% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Jul 20
Investor sentiment improved over the past week After last week's 22% share price gain to CN¥29.18, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 14x in the Metals and Mining industry in China. Total returns to shareholders of 258% over the past three years. Valuation Update With 7 Day Price Move • Jun 27
Investor sentiment improved over the past week After last week's 18% share price gain to CN¥25.70, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 15x in the Metals and Mining industry in China. Total returns to shareholders of 241% over the past three years. Reported Earnings • Apr 28
First quarter 2022 earnings: EPS and revenues exceed analyst expectations First quarter 2022 results: EPS: CN¥0.47 (up from CN¥0.12 in 1Q 2021). Revenue: CN¥2.50b (up 44% from 1Q 2021). Net income: CN¥303.7m (up 303% from 1Q 2021). Profit margin: 12% (up from 4.3% in 1Q 2021). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 3.4%. Earnings per share (EPS) also surpassed analyst estimates by 31%. Over the next year, revenue is forecast to grow 53%, compared to a 34% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has increased by 28% per year, which means it is well ahead of earnings. Duyuru • Apr 27
Nanjing Yunhai Special Metals Co., Ltd. Announces Final Profit Distribution Plan to Be Implemented (A Shares) for 2021, Payment Date Is 05 May 2022 Nanjing Yunhai Special Metals Co., Ltd. announced that 2021 final profit distribution plan to be implemented (A shares): Cash dividend/10 shares (tax included) is CNY 1.00000000. Record date: 29 April 2022. Ex-date: 05 May 2022. Payment date: 05 May 2022. Price Target Changed • Apr 27
Price target increased to CN¥32.60 Up from CN¥18.43, the current price target is provided by 1 analyst. New target price is 87% above last closing price of CN¥17.47. Stock is up 55% over the past year. The company is forecast to post earnings per share of CN¥1.63 for next year compared to CN¥0.76 last year. Duyuru • Apr 13
Nanjing Yunhai Special Metals Co., Ltd. Approves Cash Dividend for the Year 2021 Nanjing Yunhai Special Metals Co., Ltd. approved cash dividend/10 shares (tax included) of CNY 1.00000000 for the year 2021. Major Estimate Revision • Mar 22
Consensus forecasts updated The consensus outlook for 2022 has been updated. 2022 revenue forecast increased from CN¥9.74b to CN¥13.3b. EPS estimate fell from CN¥0.80 to CN¥0.79. Net income forecast to grow 113% next year vs 36% growth forecast for Metals and Mining industry in China. Consensus price target up from CN¥18.43 to CN¥32.60. Share price rose 8.1% to CN¥21.30 over the past week. Reported Earnings • Feb 15
Full year 2021 earnings: EPS and revenues exceed analyst expectations Full year 2021 results: EPS: CN¥0.78 (up from CN¥0.38 in FY 2020). Revenue: CN¥8.13b (up 37% from FY 2020). Net income: CN¥503.4m (up 107% from FY 2020). Profit margin: 6.2% (up from 4.1% in FY 2020). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 3.4%. Earnings per share (EPS) also surpassed analyst estimates by 31%. Over the next year, revenue is forecast to grow 20%, compared to a 26% growth forecast for the mining industry in China. Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has increased by 50% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Feb 11
Investor sentiment improved over the past week After last week's 23% share price gain to CN¥23.10, the stock trades at a forward P/E ratio of 31x. Average forward P/E is 18x in the Metals and Mining industry in China. Total returns to shareholders of 245% over the past three years. Valuation Update With 7 Day Price Move • Jan 25
Investor sentiment deteriorated over the past week After last week's 15% share price decline to CN¥19.90, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 18x in the Metals and Mining industry in China. Total returns to shareholders of 227% over the past three years. Valuation Update With 7 Day Price Move • Nov 18
Investor sentiment improved over the past week After last week's 17% share price gain to CN¥20.57, the stock trades at a forward P/E ratio of 28x. Average forward P/E is 19x in the Metals and Mining industry in China. Total returns to shareholders of 212% over the past three years. Price Target Changed • Nov 17
Price target increased to CN¥18.43 Up from CN¥15.60, the current price target is an average from 3 analysts. New target price is approximately in line with last closing price of CN¥18.70. Stock is up 61% over the past year. The company is forecast to post earnings per share of CN¥0.58 for next year compared to CN¥0.38 last year. Reported Earnings • Oct 27
Third quarter 2021 earnings released: EPS CN¥0.19 (vs CN¥0.12 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: CN¥2.05b (up 33% from 3Q 2020). Net income: CN¥121.4m (up 63% from 3Q 2020). Profit margin: 5.9% (up from 4.8% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 46% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Oct 20
Investor sentiment improved over the past week After last week's 16% share price gain to CN¥20.08, the stock trades at a forward P/E ratio of 30x. Average forward P/E is 19x in the Metals and Mining industry in China. Total returns to shareholders of 211% over the past three years. Valuation Update With 7 Day Price Move • Sep 30
Investor sentiment deteriorated over the past week After last week's 24% share price decline to CN¥20.88, the stock trades at a forward P/E ratio of 31x. Average forward P/E is 17x in the Metals and Mining industry in China. Total returns to shareholders of 204% over the past three years. Valuation Update With 7 Day Price Move • Sep 13
Investor sentiment improved over the past week After last week's 20% share price gain to CN¥20.91, the stock trades at a forward P/E ratio of 31x. Average forward P/E is 20x in the Metals and Mining industry in China. Total returns to shareholders of 201% over the past three years. Reported Earnings • Aug 26
Second quarter 2021 earnings released: EPS CN¥0.10 (vs CN¥0.091 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¥1.86b (up 32% from 2Q 2020). Net income: CN¥66.8m (up 13% from 2Q 2020). Profit margin: 3.6% (down from 4.2% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has increased by 33% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Aug 26
Investor sentiment improved over the past week After last week's 18% share price gain to CN¥16.15, the stock trades at a forward P/E ratio of 26x. Average forward P/E is 20x in the Metals and Mining industry in China. Total returns to shareholders of 146% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥24.63 per share. Valuation Update With 7 Day Price Move • Jul 28
Investor sentiment deteriorated over the past week After last week's 18% share price decline to CN¥12.23, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 19x in the Metals and Mining industry in China. Total returns to shareholders of 106% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥23.82 per share. Valuation Update With 7 Day Price Move • Jul 09
Investor sentiment improved over the past week After last week's 18% share price gain to CN¥13.61, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 18x in the Metals and Mining industry in China. Total returns to shareholders of 121% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥24.32 per share. Duyuru • Jun 02
Nanjing Yunhai Special Metals Co., Ltd. Announces Final Profit Distribution Plan to Be Implemented (A Shares) for 2020, Payable on 9 June 2021 Nanjing Yunhai Special Metals Co., Ltd. announced final profit distribution plan to be implemented (A shares) for 2020 of Cash dividend/10 shares (tax included): CNY 1.00000000. Record date: 8 June 2021. Ex-date: 9 June 2021
Payment date: 9 June 2021. Net cash dividend/10 shares after tax: CNY 0.90000000(CNY 1.00000000- CNY 0.10000000). Duyuru • May 16
Nanjing Yunhai Special Metals Co., Ltd. Approves Cash Dividend for the Year 2020 Nanjing Yunhai Special Metals Co., Ltd. at its AGM held on May 12, 2021 approved cash dividend/10 shares (tax included) of CNY 1.00000000 for the year 2020. Reported Earnings • May 03
First quarter 2021 earnings released: EPS CN¥0.12 (vs CN¥0.059 in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: CN¥1.74b (up 57% from 1Q 2020). Net income: CN¥75.4m (up 98% from 1Q 2020). Profit margin: 4.3% (up from 3.4% 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 24% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth. Reported Earnings • Apr 16
Full year 2020 earnings released: EPS CN¥0.38 (vs CN¥1.41 in FY 2019) The company reported a soft full year result with weaker earnings and profit margins, although revenues improved. Full year 2020 results: Revenue: CN¥5.95b (up 6.7% from FY 2019). Net income: CN¥243.7m (down 73% from FY 2019). Profit margin: 4.1% (down from 16% 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 39% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth. Major Estimate Revision • Apr 16
Consensus revenue estimates increase to CN¥7.44b The consensus outlook for revenues in 2021 has improved. 2021 revenue forecast increased from CN¥6.76b to CN¥7.44b. EPS estimate increased from CN¥0.58 to CN¥0.59 per share. Net income forecast to shrink 40% next year vs 37% growth forecast for Metals and Mining industry in China . Consensus price target down from CN¥19.16 to CN¥15.60. Share price was steady at CN¥10.51 over the past week. Price Target Changed • Feb 26
Price target raised to CN¥15.60 Up from CN¥13.32, the current price target is an average from 4 analysts. The new target price is 29% above the current share price of CN¥12.12. As of last close, the stock is up 11% over the past year. Duyuru • Feb 25
Nanjing Yunhai Special Metals Co., Ltd. to Report Fiscal Year 2020 Results on Apr 15, 2021 Nanjing Yunhai Special Metals Co., Ltd. announced that they will report fiscal year 2020 results on Apr 15, 2021 Valuation Update With 7 Day Price Move • Jan 13
Investor sentiment deteriorated over the past week After last week's 15% share price decline to CN¥11.97, the stock is trading at a trailing P/E ratio of 13.7x, down from the previous P/E ratio of 16.2x. This compares to an average P/E of 30x in the Metals and Mining industry in China. Total returns to shareholders over the past three years are 44%. Valuation Update With 7 Day Price Move • Jan 11
Investor sentiment deteriorated over the past week After last week's 16% share price decline to CN¥12.11, the stock is trading at a trailing P/E ratio of 13.9x, down from the previous P/E ratio of 16.5x. This compares to an average P/E of 32x in the Metals and Mining industry in China. Total returns to shareholders over the past three years are 47%. Is New 90 Day High Low • Dec 25
New 90-day high: CN¥13.53 The company is up 42% from its price of CN¥9.55 on 25 September 2020. The Chinese market is up 5.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining 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¥11.31 per share. Is New 90 Day High Low • Dec 04
New 90-day high: CN¥12.13 The company is up 13% from its price of CN¥10.72 on 04 September 2020. The Chinese market is flat over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 5.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥9.52 per share. Reported Earnings • Oct 23
Third quarter earnings released Over the last 12 months the company has reported total profits of CN¥564.3m, down 6.4% from the prior year. Total revenue was CN¥5.70b over the last 12 months, up 9.0% from the prior year. Duyuru • Oct 16
Nanjing Yunhai Special Metals Co., Ltd. to Report Q3, 2020 Results on Oct 23, 2020 Nanjing Yunhai Special Metals Co., Ltd. announced that they will report Q3, 2020 results on Oct 23, 2020 Is New 90 Day High Low • Sep 28
New 90-day low: CN¥9.36 The company is down 2.0% from its price of CN¥9.54 on 30 June 2020. The Chinese market is up 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Metals and Mining 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¥10.39 per share.