New Risk • Jul 20
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Chinese stocks, typically moving 12% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. This is currently the only risk that has been identified for the company. Valuation Update With 7 Day Price Move • Jul 17
Investor sentiment deteriorates as stock falls 26% After last week's 26% share price decline to CN¥43.09, the stock trades at a trailing P/E ratio of 71.7x. Average trailing P/E is 43x in the Chemicals industry in China. Total returns to shareholders of 56% over the past three years. Duyuru • Jun 30
Hangzhou Greenda Electronic Materials Co., Ltd. to Report First Half, 2026 Results on Aug 26, 2026 Hangzhou Greenda Electronic Materials Co., Ltd. announced that they will report first half, 2026 results on Aug 26, 2026 Declared Dividend • Jun 06
Dividend reduced to CN¥0.18 Dividend of CN¥0.18 is 16% lower than last year. Ex-date: 10th June 2026 Payment date: 10th June 2026 Dividend yield will be 0.3%, which is lower than the industry average of 2.6%. Sustainability & Growth Dividend is well covered by both earnings (31% earnings payout ratio) and cash flows (34% cash payout ratio). The dividend has increased by an average of 3.9% per year over the past 5 years and payments have been stable during that time. Earnings per share has remained steady over the last 5 years. Unless this trend deteriorates, it should provide adequate earnings cover for the dividend. New Risk • May 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 8.4% 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. This is currently the only risk that has been identified for the company. Board Change • May 20
Less than half of directors are independent There are 5 new directors who have joined the board in the last 3 years. Of these new board members, 3 were independent directors. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Hui Wu was the last independent director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Duyuru • Apr 25
Hangzhou Greenda Electronic Materials Co., Ltd., Annual General Meeting, May 20, 2026 Hangzhou Greenda Electronic Materials Co., Ltd., Annual General Meeting, May 20, 2026, at 14:00 China Standard Time. Location: No. 9936-1, Hongshiwu Road, Linjiang Industrial Park, Xiaoshan District, Hangzhou, Zhejiang China Duyuru • Mar 30
Hangzhou Greenda Electronic Materials Co., Ltd. to Report Q1, 2026 Results on Apr 25, 2026 Hangzhou Greenda Electronic Materials Co., Ltd. announced that they will report Q1, 2026 results on Apr 25, 2026 Duyuru • Dec 26
Hangzhou Greenda Electronic Materials Co., Ltd. to Report Fiscal Year 2025 Results on Apr 25, 2026 Hangzhou Greenda Electronic Materials Co., Ltd. announced that they will report fiscal year 2025 results on Apr 25, 2026 Duyuru • Sep 30
Hangzhou Greenda Electronic Materials Co., Ltd. to Report Q3, 2025 Results on Oct 25, 2025 Hangzhou Greenda Electronic Materials Co., Ltd. announced that they will report Q3, 2025 results on Oct 25, 2025 Duyuru • Jun 30
Hangzhou Greenda Electronic Materials Co., Ltd. to Report First Half, 2025 Results on Aug 23, 2025 Hangzhou Greenda Electronic Materials Co., Ltd. announced that they will report first half, 2025 results on Aug 23, 2025 Duyuru • Apr 26
Hangzhou Greenda Electronic Materials Co., Ltd., Annual General Meeting, May 20, 2025 Hangzhou Greenda Electronic Materials Co., Ltd., Annual General Meeting, May 20, 2025, at 14:00 China Standard Time. Location: No. 9936, Hongshiwu Road, Linjiang Industrial Park, Xiaoshan District, Hangzhou, Zhejiang China Duyuru • Mar 28
Hangzhou Greenda Electronic Materials Co., Ltd. to Report Q1, 2025 Results on Apr 26, 2025 Hangzhou Greenda Electronic Materials Co., Ltd. announced that they will report Q1, 2025 results on Apr 26, 2025 Duyuru • Dec 27
Hangzhou Greenda Electronic Materials Co., Ltd. to Report Fiscal Year 2024 Results on Apr 26, 2025 Hangzhou Greenda Electronic Materials Co., Ltd. announced that they will report fiscal year 2024 results on Apr 26, 2025 Valuation Update With 7 Day Price Move • Nov 05
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to CN¥24.20, the stock trades at a trailing P/E ratio of 29.5x. Average trailing P/E is 34x in the Chemicals industry in China. Total loss to shareholders of 19% over the past year. Buy Or Sell Opportunity • Nov 04
Now 23% overvalued after recent price rise Over the last 90 days, the stock has risen 21% to CN¥22.76. The fair value is estimated to be CN¥18.56, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 5.9% over the last 3 years. Earnings per share has grown by 6.8%. Reported Earnings • Oct 26
Third quarter 2024 earnings released: EPS: CN¥0.17 (vs CN¥0.22 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.17 (down from CN¥0.22 in 3Q 2023). Revenue: CN¥165.7m (down 7.1% from 3Q 2023). Net income: CN¥33.3m (down 26% from 3Q 2023). Profit margin: 20% (down from 25% in 3Q 2023). Buy Or Sell Opportunity • Oct 18
Now 23% overvalued The stock has been flat over the last 90 days, currently trading at CN¥21.05. The fair value is estimated to be CN¥17.08, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 10%. Valuation Update With 7 Day Price Move • Sep 30
Investor sentiment improves as stock rises 24% After last week's 24% share price gain to CN¥21.09, the stock trades at a trailing P/E ratio of 24x. Average trailing P/E is 30x in the Chemicals industry in China. Total loss to shareholders of 26% over the past year. Buy Or Sell Opportunity • Sep 30
Now 24% overvalued after recent price rise Over the last 90 days, the stock has risen 3.8% to CN¥21.09. The fair value is estimated to be CN¥17.07, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 10%. Duyuru • Sep 30
Hangzhou Greenda Electronic Materials Co., Ltd. to Report Q3, 2024 Results on Oct 26, 2024 Hangzhou Greenda Electronic Materials Co., Ltd. announced that they will report Q3, 2024 results on Oct 26, 2024 Reported Earnings • Aug 24
Second quarter 2024 earnings released: EPS: CN¥0.22 (vs CN¥0.25 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.22 (down from CN¥0.25 in 2Q 2023). Revenue: CN¥174.4m (down 2.2% from 2Q 2023). Net income: CN¥43.6m (down 13% from 2Q 2023). Profit margin: 25% (down from 28% in 2Q 2023). The decrease in margin was primarily driven by lower revenue. Duyuru • Jun 28
Hangzhou Greenda Electronic Materials Co., Ltd. to Report First Half, 2024 Results on Aug 24, 2024 Hangzhou Greenda Electronic Materials Co., Ltd. announced that they will report first half, 2024 results on Aug 24, 2024 Valuation Update With 7 Day Price Move • Jun 26
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to CN¥20.87, the stock trades at a trailing P/E ratio of 23x. Average trailing P/E is 29x in the Chemicals industry in China. Total loss to shareholders of 27% over the past year. Duyuru • Apr 27
Hangzhou Greenda Electronic Materials Co., Ltd., Annual General Meeting, May 28, 2024 Hangzhou Greenda Electronic Materials Co., Ltd., Annual General Meeting, May 28, 2024, at 14:00 China Standard Time. Location: No. 9936, Hongshiwu Road, Linjiang Industrial Park, Xiaoshan District, Hangzhou, Zhejiang China Reported Earnings • Apr 26
First quarter 2024 earnings released: EPS: CN¥0.17 (vs CN¥0.14 in 1Q 2023) First quarter 2024 results: EPS: CN¥0.17 (up from CN¥0.14 in 1Q 2023). Revenue: CN¥170.7m (up 5.8% from 1Q 2023). Net income: CN¥34.1m (up 22% from 1Q 2023). Profit margin: 20% (up from 17% in 1Q 2023). The increase in margin was driven by higher revenue. Buy Or Sell Opportunity • Apr 10
Now 23% undervalued after recent price drop Over the last 90 days, the stock has fallen 16% to CN¥20.13. The fair value is estimated to be CN¥26.22, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 10% over the last 3 years. Earnings per share has grown by 9.8%. Duyuru • Mar 29
Hangzhou Greenda Electronic Materials Co., Ltd. to Report Q1, 2024 Results on Apr 26, 2024 Hangzhou Greenda Electronic Materials Co., Ltd. announced that they will report Q1, 2024 results on Apr 26, 2024 Buy Or Sell Opportunity • Mar 26
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 17% to CN¥20.78. The fair value is estimated to be CN¥26.35, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 10% over the last 3 years. Earnings per share has grown by 9.8%. Buy Or Sell Opportunity • Feb 28
Now 22% undervalued after recent price drop Over the last 90 days, the stock has fallen 27% to CN¥20.62. The fair value is estimated to be CN¥26.52, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 10% over the last 3 years. Earnings per share has grown by 9.8%. Buy Or Sell Opportunity • Jan 31
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 33% to CN¥19.57. The fair value is estimated to be CN¥24.66, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 10% over the last 3 years. Earnings per share has grown by 9.8%. Duyuru • Dec 29
Hangzhou Greenda Electronic Materials Co., Ltd. to Report Fiscal Year 2023 Results on Apr 26, 2024 Hangzhou Greenda Electronic Materials Co., Ltd. announced that they will report fiscal year 2023 results on Apr 26, 2024 Reported Earnings • Oct 26
Third quarter 2023 earnings released: EPS: CN¥0.22 (vs CN¥0.23 in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.22 (down from CN¥0.23 in 3Q 2022). Revenue: CN¥178.5m (down 5.1% from 3Q 2022). Net income: CN¥44.7m (down 3.3% from 3Q 2022). Profit margin: 25% (in line with 3Q 2022). Revenue is forecast to grow 43% p.a. on average during the next 3 years, compared to a 19% growth forecast for the Chemicals industry in China. Reported Earnings • Aug 25
Second quarter 2023 earnings released: EPS: CN¥0.25 (vs CN¥0.27 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.25 (down from CN¥0.27 in 2Q 2022). Revenue: CN¥178.4m (down 16% from 2Q 2022). Net income: CN¥49.8m (down 6.9% from 2Q 2022). Profit margin: 28% (up from 25% in 2Q 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 39% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Chemicals industry in China. Reported Earnings • Apr 26
First quarter 2023 earnings released: EPS: CN¥0.14 (vs CN¥0.20 in 1Q 2022) First quarter 2023 results: EPS: CN¥0.14 (down from CN¥0.20 in 1Q 2022). Revenue: CN¥161.4m (down 33% from 1Q 2022). Net income: CN¥27.9m (down 29% from 1Q 2022). Profit margin: 17% (in line with 1Q 2022). Revenue is forecast to grow 40% p.a. on average during the next 2 years, compared to a 17% growth forecast for the Chemicals industry in China. Valuation Update With 7 Day Price Move • Mar 30
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to CN¥34.45, the stock trades at a forward P/E ratio of 26x. Average forward P/E is 16x in the Chemicals industry in China. 
