Valuation Update With 7 Day Price Move • Jul 17
Investor sentiment deteriorates as stock falls 20% After last week's 20% share price decline to CN¥64.52, the stock trades at a forward P/E ratio of 28x. Average forward P/E is 18x in the Chemicals industry in China. Total returns to shareholders of 12% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥32.27 per share. New Risk • Jul 01
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 9.7% 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: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (9.7% average weekly change). Valuation Update With 7 Day Price Move • Jul 01
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to CN¥70.62, the stock trades at a forward P/E ratio of 30x. Average forward P/E is 21x in the Chemicals industry in China. Total returns to shareholders of 22% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥31.82 per share. Duyuru • Jun 30
Sunresin New Materials Co.,Ltd to Report First Half, 2026 Results on Aug 20, 2026 Sunresin New Materials Co.,Ltd announced that they will report first half, 2026 results on Aug 20, 2026 Valuation Update With 7 Day Price Move • Jun 08
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to CN¥49.46, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 20x in the Chemicals industry in China. Total loss to shareholders of 18% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥32.06 per share. Reported Earnings • Apr 24
First quarter 2026 earnings released: EPS: CN¥0.36 (vs CN¥0.38 in 1Q 2025) First quarter 2026 results: EPS: CN¥0.36 (down from CN¥0.38 in 1Q 2025). Revenue: CN¥607.0m (up 5.2% from 1Q 2025). Net income: CN¥181.9m (down 5.8% from 1Q 2025). Profit margin: 30% (down from 34% in 1Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 19% 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 10% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Duyuru • Apr 23
Sunresin New Materials Co.,Ltd, Annual General Meeting, May 19, 2026 Sunresin New Materials Co.,Ltd, Annual General Meeting, May 19, 2026, at 14:00 China Standard Time. Location: The Company's Meeting Room, Xi'an, Shaanxi China Duyuru • Mar 31
Sunresin New Materials Co.,Ltd to Report Q1, 2026 Results on Apr 23, 2026 Sunresin New Materials Co.,Ltd announced that they will report Q1, 2026 results on Apr 23, 2026 Valuation Update With 7 Day Price Move • Mar 20
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to CN¥65.74, the stock trades at a forward P/E ratio of 30x. Average forward P/E is 23x in the Chemicals industry in China. Total returns to shareholders of 12% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥36.41 per share. Price Target Changed • Mar 11
Price target increased by 7.1% to CN¥64.72 Up from CN¥60.42, the current price target is an average from 6 analysts. New target price is 11% below last closing price of CN¥72.37. Stock is up 47% over the past year. The company is forecast to post earnings per share of CN¥1.87 for next year compared to CN¥1.56 last year. Duyuru • Dec 31
Sunresin New Materials Co.,Ltd to Report Fiscal Year 2025 Results on Apr 23, 2026 Sunresin New Materials Co.,Ltd announced that they will report fiscal year 2025 results on Apr 23, 2026 Valuation Update With 7 Day Price Move • Dec 12
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to CN¥61.52, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 24x in the Chemicals industry in China. Total returns to shareholders of 33% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥35.11 per share. Duyuru • Sep 30
Sunresin New Materials Co.,Ltd to Report Q3, 2025 Results on Oct 24, 2025 Sunresin New Materials Co.,Ltd announced that they will report Q3, 2025 results on Oct 24, 2025 Duyuru • Sep 12
Sunresin New Materials Co.,Ltd Approves Interim Cash Dividend for the Year 2025 Sunresin New Materials Co.,Ltd at its Extraordinary General Meeting held on 10 September 2025, approved interim cash dividend/10 shares (tax included) of CNY 1.80000000 for the year 2025. Duyuru • Aug 21
Sunresin New Materials Co.,Ltd Proposes Interim Cash Dividend for the Year 2025 Sunresin New Materials Co.,Ltd proposed interim cash dividend of CNY 1.8000000 per tens shares (tax included) for the year 2025 at extraordinary general meeting of 2025 to be held on 10 September 2025. Reported Earnings • Aug 20
Second quarter 2025 earnings: EPS and revenues exceed analyst expectations Second quarter 2025 results: EPS: CN¥0.50 (up from CN¥0.46 in 2Q 2024). Revenue: CN¥670.6m (up 1.1% from 2Q 2024). Net income: CN¥251.4m (up 7.0% from 2Q 2024). Profit margin: 38% (up from 35% in 2Q 2024). The increase in margin was primarily driven by lower expenses. Revenue exceeded analyst estimates by 5.7%. Earnings per share (EPS) also surpassed analyst estimates by 18%. Revenue is forecast to grow 25% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Chemicals industry in China. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Duyuru • Jul 02
Sunresin New Materials Co.,Ltd to Report First Half, 2025 Results on Aug 20, 2025 Sunresin New Materials Co.,Ltd announced that they will report first half, 2025 results on Aug 20, 2025 Major Estimate Revision • Apr 29
Consensus revenue estimates fall by 11% The consensus outlook for revenues in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from CN¥3.44b to CN¥3.07b. EPS estimate fell from CN¥2.12 to CN¥1.98 per share. Net income forecast to grow 33% next year vs 51% growth forecast for Chemicals industry in China. Consensus price target broadly unchanged at CN¥62.68. Share price fell 2.5% to CN¥43.51 over the past week. Duyuru • Apr 25
Sunresin New Materials Co.,Ltd Proposes Final Cash Dividend for the Year 2024 Sunresin New Materials Co.,Ltd announced on 23 April 2025 the profit distribution proposal for the year 2024 as final cash dividend/10 shares (tax included) of CNY 6.00000000. Reported Earnings • Apr 24
First quarter 2025 earnings released: EPS: CN¥0.38 (vs CN¥0.34 in 1Q 2024) First quarter 2025 results: EPS: CN¥0.38 (up from CN¥0.34 in 1Q 2024). Revenue: CN¥576.8m (down 8.6% from 1Q 2024). Net income: CN¥193.1m (up 14% from 1Q 2024). Profit margin: 34% (up from 27% in 1Q 2024). The increase in margin was driven by lower expenses. Revenue is forecast to grow 28% p.a. on average during the next 2 years, compared to a 15% growth forecast for the Chemicals industry in China. 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 16% per year, which means it is significantly lagging earnings growth. Duyuru • Apr 23
Sunresin New Materials Co.,Ltd, Annual General Meeting, May 19, 2025 Sunresin New Materials Co.,Ltd, Annual General Meeting, May 19, 2025, at 14:00 China Standard Time. Location: The Company's Meeting Room, Xi'an, Shaanxi China Duyuru • Mar 31
Sunresin New Materials Co.,Ltd to Report Q1, 2025 Results on Apr 23, 2025 Sunresin New Materials Co.,Ltd announced that they will report Q1, 2025 results on Apr 23, 2025 Duyuru • Dec 31
Sunresin New Materials Co.,Ltd to Report Fiscal Year 2024 Results on Apr 23, 2025 Sunresin New Materials Co.,Ltd announced that they will report fiscal year 2024 results on Apr 23, 2025 Duyuru • Nov 14
Sunresin New Materials Co.,Ltd Approves Cash Dividend for the Third Quarter of 2024 Sunresin New Materials Co.,Ltd at its EGM held on November 12, 2024 approved cash dividend of CNY 1.19 per 10 shares (tax included) for the third quarter of 2024. Duyuru • Oct 25
Sunresin New Materials Co.,Ltd Announces the Profit Distribution Proposal for the Third Quarter of 2024 Sunresin New Materials Co.,Ltd announced on 24 October 2024 the profit distribution proposal for the third quarter of 2024 as follows: Cash dividend per 10 shares (tax included) of CNY 1.19000000. New Risk • Oct 24
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 21% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (21% accrual ratio). Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Valuation Update With 7 Day Price Move • Oct 15
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to CN¥52.91, the stock trades at a forward P/E ratio of 26x. Average forward P/E is 16x in the Chemicals industry in China. Total returns to shareholders of 51% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥23.37 per share. New Risk • Sep 30
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 7.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (7.4% average weekly change). Duyuru • Sep 30
Sunresin New Materials Co.,Ltd to Report Q3, 2024 Results on Oct 24, 2024 Sunresin New Materials Co.,Ltd announced that they will report Q3, 2024 results on Oct 24, 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¥49.01, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 16x in the Chemicals industry in China. Total returns to shareholders of 54% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥23.33 per share. Price Target Changed • Aug 28
Price target decreased by 7.1% to CN¥58.21 Down from CN¥62.64, the current price target is an average from 7 analysts. New target price is 46% above last closing price of CN¥39.95. Stock is down 34% over the past year. The company is forecast to post earnings per share of CN¥1.77 for next year compared to CN¥1.43 last year. Duyuru • Jul 18
Sunresin New Materials Co.,Ltd Announces Final Profit Distribution Plan to Be Implemented on A Shares for the Year 2023, Payable on 24 July 2024 Sunresin New Materials Co.,Ltd announced final profit distribution plan to be implemented on A shares as cash dividend per ten shares (tax included) of CNY 5.68000000 for the year 2023, payable on 24 July 2024. Record date is 23 July 2024. Ex-date is 24 July 2024. Duyuru • Jun 29
Sunresin New Materials Co.,Ltd to Report First Half, 2024 Results on Aug 27, 2024 Sunresin New Materials Co.,Ltd announced that they will report first half, 2024 results on Aug 27, 2024 Reported Earnings • Apr 22
First quarter 2024 earnings released: EPS: CN¥0.34 (vs CN¥0.27 in 1Q 2023) First quarter 2024 results: EPS: CN¥0.34 (up from CN¥0.27 in 1Q 2023). Revenue: CN¥630.9m (up 26% from 1Q 2023). Net income: CN¥169.1m (up 26% from 1Q 2023). Profit margin: 27% (in line with 1Q 2023). Revenue is forecast to grow 23% 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 41% per year whereas the company’s share price has increased by 37% per year. Duyuru • Mar 30
Sunresin New Materials Co.,Ltd to Report Q1, 2024 Results on Apr 22, 2024 Sunresin New Materials Co.,Ltd announced that they will report Q1, 2024 results on Apr 22, 2024 Price Target Changed • Feb 23
Price target decreased by 7.9% to CN¥67.14 Down from CN¥72.88, the current price target is an average from 7 analysts. New target price is 42% above last closing price of CN¥47.40. Stock is down 25% over the past year. The company is forecast to post earnings per share of CN¥1.56 for next year compared to CN¥1.09 last year. Valuation Update With 7 Day Price Move • Feb 07
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to CN¥50.95, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 13x in the Chemicals industry in China. Total returns to shareholders of 174% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥23.65 per share. Duyuru • Dec 29
Sunresin New Materials Co.,Ltd to Report Fiscal Year 2023 Results on Apr 22, 2024 Sunresin New Materials Co.,Ltd announced that they will report fiscal year 2023 results on Apr 22, 2024 Duyuru • Dec 01
Sunresin New Materials Co.,Ltd (SZSE:300487) announces an Equity Buyback for CNY 30 million worth of its shares. Sunresin New Materials Co.,Ltd (SZSE:300487) announces a share repurchase program. Under the program, the company will repurchase up to CNY 30 million worth of its A shares. The shares will be repurchased at a price not more than CNY 80 per share. The repurchased share will be used for employee stock ownership plan and equity incentives. The program will be valid for a period of 12 months. Reported Earnings • Oct 25
Third quarter 2023 earnings: EPS and revenues exceed analyst expectations Third quarter 2023 results: EPS: CN¥0.34 (up from CN¥0.23 in 3Q 2022). Revenue: CN¥569.2m (up 34% from 3Q 2022). Net income: CN¥172.2m (up 48% from 3Q 2022). Profit margin: 30% (up from 27% in 3Q 2022). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 6.3%. Earnings per share (EPS) also surpassed analyst estimates by 12%. Revenue is forecast to grow 26% 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 increased by 44% per year but the company’s share price has only increased by 36% per year, which means it is significantly lagging earnings growth. Reported Earnings • Aug 29
Second quarter 2023 earnings: EPS and revenues miss analyst expectations Second quarter 2023 results: EPS: CN¥0.42 (up from CN¥0.23 in 2Q 2022). Revenue: CN¥506.6m (up 20% from 2Q 2022). Net income: CN¥212.1m (up 81% from 2Q 2022). Profit margin: 42% (up from 28% in 2Q 2022). The increase in margin was primarily driven by higher revenue. Revenue missed analyst estimates by 28%. Earnings per share (EPS) also missed analyst estimates by 33%. Revenue is forecast to grow 28% 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 increased by 40% per year whereas the company’s share price has increased by 42% per year. Price Target Changed • Jun 27
Price target increased by 9.1% to CN¥82.53 Up from CN¥75.67, the current price target is an average from 5 analysts. New target price is 33% above last closing price of CN¥62.05. Stock is up 53% over the past year. The company is forecast to post earnings per share of CN¥1.59 for next year compared to CN¥1.09 last year. Upcoming Dividend • Jun 19
Upcoming dividend of CN¥0.64 per share at 0.7% yield Eligible shareholders must have bought the stock before 26 June 2023. Payment date: 26 June 2023. Payout ratio is a comfortable 36% and this is well supported by cash flows. Trailing yield: 0.7%. Lower than top quartile of Chinese dividend payers (2.0%). Lower than average of industry peers (1.9%). Price Target Changed • Apr 27
Price target decreased by 10% to CN¥114 Down from CN¥128, the current price target is an average from 3 analysts. New target price is 24% above last closing price of CN¥92.52. Stock is up 116% over the past year. The company is forecast to post earnings per share of CN¥2.28 for next year compared to CN¥1.63 last year. Reported Earnings • Mar 14
Full year 2022 earnings released: EPS: CN¥1.63 (vs CN¥0.95 in FY 2021) Full year 2022 results: EPS: CN¥1.63 (up from CN¥0.95 in FY 2021). Revenue: CN¥1.90b (up 59% from FY 2021). Net income: CN¥537.8m (up 73% from FY 2021). Profit margin: 28% (up from 26% in FY 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 31% p.a. on average during the next 2 years, compared to a 19% growth forecast for the Chemicals industry in China. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has increased by 66% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Jan 11
Investor sentiment improved over the past week After last week's 16% share price gain to CN¥79.58, the stock trades at a forward P/E ratio of 41x. Average forward P/E is 16x in the Chemicals industry in China. Total returns to shareholders of 221% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥119 per share. Price Target Changed • Jan 08
Price target increased to CN¥100.00 Up from CN¥92.00, the current price target is provided by 1 analyst. New target price is 34% above last closing price of CN¥74.60. Stock is up 22% over the past year. The company is forecast to post earnings per share of CN¥1.52 for next year compared to CN¥0.95 last year. Board Change • Nov 16
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Non-Independent Director Sui Dang Li 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. Reported Earnings • Oct 25
Third quarter 2022 earnings: EPS and revenues miss analyst expectations Third quarter 2022 results: EPS: CN¥0.35 (up from CN¥0.26 in 3Q 2021). Revenue: CN¥424.5m (up 27% from 3Q 2021). Net income: CN¥116.2m (up 33% from 3Q 2021). Profit margin: 27% (up from 26% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 16%. Earnings per share (EPS) also missed analyst estimates by 13%. Revenue is forecast to grow 33% 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 increased by 13% per year but the company’s share price has increased by 46% per year, which means it is tracking significantly ahead of earnings growth. Price Target Changed • Sep 09
Price target increased to CN¥85.73 Up from CN¥74.23, the current price target is an average from 4 analysts. New target price is 9.2% above last closing price of CN¥78.50. Stock is up 31% over the past year. The company is forecast to post earnings per share of CN¥1.46 for next year compared to CN¥0.95 last year. Valuation Update With 7 Day Price Move • Aug 06
Investor sentiment improved over the past week After last week's 26% share price gain to CN¥81.22, the stock trades at a forward P/E ratio of 47x. Average forward P/E is 17x in the Chemicals industry in China. Total returns to shareholders of 319% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥80.64 per share. Reported Earnings • Aug 02
Second quarter 2022 earnings: EPS and revenues exceed analyst expectations Second quarter 2022 results: EPS: CN¥0.35 (up from CN¥0.19 in 2Q 2021). Revenue: CN¥421.0m (up 60% from 2Q 2021). Net income: CN¥116.9m (up 86% from 2Q 2021). Profit margin: 28% (up from 24% in 2Q 2021). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 11%. Earnings per share (EPS) also surpassed analyst estimates by 26%. Over the next year, revenue is forecast to grow 54%, compared to a 42% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has increased by 59% per year, which means it is tracking significantly ahead of earnings growth. Duyuru • May 27
Sunresin New Materials Co.,Ltd Announces Cash Dividend on A Shares for Year 2021, Payable on June 1, 2022 Sunresin New Materials Co.,Ltd announced Cash dividend/10 shares (tax included) (A shares) of CNY 4.30000000 for 2021. Record date: 31 May 2022. Ex-date: June 1, 2022. Payment date: June 1, 2022. Duyuru • May 19
Sunresin New Materials Co.,Ltd Approves Final Cash Dividend for 2021 Sunresin New Materials Co.,Ltd approved final cash dividend (tax included) of CNY 4.30000000 per 10 shares for 2021, at its Annual General Meeting of 2021 held on 17 May 2022. Board Change • Apr 27
High number of new directors There are 6 new directors who have joined the board in the last 3 years. Non-Independent Director Sui Dang Li 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. Duyuru • Apr 26
Sunresin New Materials Co.,Ltd Proposes Final Cash Dividend for 2021 Sunresin New Materials Co.,Ltd proposed final cash dividend (tax included) of CNY 4.30000000 per 10 shares for 2021. Reported Earnings • Mar 11
Full year 2021 earnings: EPS misses analyst expectations Full year 2021 results: EPS: CN¥1.44 (up from CN¥0.97 in FY 2020). Revenue: CN¥1.20b (up 30% from FY 2020). Net income: CN¥311.3m (up 54% from FY 2020). Profit margin: 26% (up from 22% in FY 2020). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 100%. Over the next year, revenue is forecast to grow 30%, compared to a 47% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has increased by 36% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Dec 31
Investor sentiment improved over the past week After last week's 15% share price gain to CN¥98.35, the stock trades at a forward P/E ratio of 56x. Average forward P/E is 21x in the Chemicals industry in China. Total returns to shareholders of 297% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥43.32 per share. Valuation Update With 7 Day Price Move • Nov 22
Investor sentiment improved over the past week After last week's 16% share price gain to CN¥91.19, the stock trades at a forward P/E ratio of 52x. Average forward P/E is 20x in the Chemicals industry in China. Total returns to shareholders of 255% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥42.90 per share. Reported Earnings • Oct 20
Third quarter 2021 earnings released: EPS CN¥0.39 (vs CN¥0.23 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: CN¥335.3m (up 36% from 3Q 2020). Net income: CN¥87.4m (up 82% from 3Q 2020). Profit margin: 26% (up from 19% 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 13% per year but the company’s share price has increased by 52% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Oct 19
Investor sentiment improved over the past week After last week's 18% share price gain to CN¥81.18, the stock trades at a forward P/E ratio of 52x. Average forward P/E is 20x in the Chemicals industry in China. Total returns to shareholders of 250% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥130 per share. Valuation Update With 7 Day Price Move • Sep 29
Investor sentiment deteriorated over the past week After last week's 17% share price decline to CN¥68.18, the stock trades at a forward P/E ratio of 44x. Average forward P/E is 20x in the Chemicals industry in China. Total returns to shareholders of 139% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥131 per share. Valuation Update With 7 Day Price Move • Sep 01
Investor sentiment deteriorated over the past week After last week's 20% share price decline to CN¥88.12, the stock trades at a forward P/E ratio of 61x. Average forward P/E is 20x in the Chemicals industry in China. Total returns to shareholders of 220% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥78.26 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¥80.80, the stock trades at a trailing P/E ratio of 64.7x. Average trailing P/E is 30x in the Chemicals industry in China. Total returns to shareholders of 153% over the past three years. Valuation Update With 7 Day Price Move • Jun 23
Investor sentiment improved over the past week After last week's 28% share price gain to CN¥78.25, the stock trades at a trailing P/E ratio of 62.7x. Average trailing P/E is 29x in the Chemicals industry in China. Total returns to shareholders of 124% over the past three years. Duyuru • May 21
Sunresin New Materials Co., Ltd. Approves Cash Dividend for the Year 2020 Sunresin New Materials Co., Ltd. announced at the AGM held on May 18, 2021 that the company approved final cash dividend CNY 2.00000000 per 10 shares (tax included) for the year 2020. Valuation Update With 7 Day Price Move • May 19
Investor sentiment improved over the past week After last week's 35% share price gain to CN¥70.00, the stock trades at a trailing P/E ratio of 56.1x. Average trailing P/E is 28x in the Chemicals industry in China. Total returns to shareholders of 84% over the past three years. Valuation Update With 7 Day Price Move • May 03
Investor sentiment improved over the past week After last week's 22% share price gain to CN¥47.88, the stock trades at a trailing P/E ratio of 38.4x. Average trailing P/E is 28x in the Chemicals industry in China. Total returns to shareholders of 41% over the past three years. Reported Earnings • Apr 28
First quarter 2021 earnings released: EPS CN¥0.41 (vs CN¥0.13 in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: CN¥293.2m (up 126% from 1Q 2020). Net income: CN¥87.3m (up 230% from 1Q 2020). Profit margin: 30% (up from 21% 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 5% per year, which means it is significantly lagging earnings growth. Duyuru • Apr 28
Sunresin New Materials Co., Ltd. Announces Cash Dividend for the Year 2020 Sunresin New Materials Co., Ltd. announced that cash dividend/10 shares (tax included) of CNY 2.00000000 for the year 2020. Is New 90 Day High Low • Feb 03
New 90-day low: CN¥40.30 The company is down 16% from its price of CN¥48.15 on 05 November 2020. The Chinese market is up 6.0% 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. Valuation Update With 7 Day Price Move • Jan 29
Investor sentiment deteriorated over the past week After last week's 19% share price decline to CN¥41.25, the stock is trading at a trailing P/E ratio of 45.5x, down from the previous P/E ratio of 56.5x. This compares to an average P/E of 35x in the Chemicals industry in China. Total returns to shareholders over the past three years are 61%. Is New 90 Day High Low • Dec 18
New 90-day low: CN¥42.19 The company is down 26% from its price of CN¥57.10 on 18 September 2020. The Chinese market is up 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 5.0% over the same period. Reported Earnings • Oct 25
Third quarter earnings released Over the last 12 months the company has reported total profits of CN¥185.1m, down 35% from the prior year. Total revenue was CN¥844.1m over the last 12 months, down 21% from the prior year. Duyuru • Oct 17
Sunresin New Materials Co., Ltd. to Report Q3, 2020 Results on Oct 24, 2020 Sunresin New Materials Co., Ltd. announced that they will report Q3, 2020 results on Oct 24, 2020 Duyuru • Aug 11
Sunresin New Materials Co., Ltd. to Report First Half, 2020 Results on Aug 27, 2020 Sunresin New Materials Co., Ltd. announced that they will report first half, 2020 results on Aug 27, 2020 Duyuru • Jul 17
Sunresin New Materials Co., Ltd. announced that it expects to receive CNY 149.999984 million in funding Sunresin New Materials Co., Ltd. (SZSE:300487) announced that it will issue shares not more than 6,014,434 shares at a price of CNY 24.94 per share for gross proceeds of not more than CNY 150,000,000 in an equity round of funding on July 7, 2020. The transaction will include participation from individual investors, Kou Xiaokang Jiangxi for 3,933,394 shares, Gao Yuejing for 2,081,040 shares in the transaction. The transaction has been approved by the board of directors of Sunresin New Materials Co., Ltd. (SZSE:300487) in the twenty-seventh meeting of its third directorate and is subject to approval by the company's shareholders' meeting, Shenzhen Stock Exchange and China Securities Regulatory Commission.