Board Change • May 20
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 10 experienced directors. 2 highly experienced directors. 3 independent directors (6 non-independent directors). Independent Director Ying San Geng 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. Insufficient board refreshment. Duyuru • Apr 28
Shaanxi Sirui Advanced Materials Co., Ltd., Annual General Meeting, May 25, 2026 Shaanxi Sirui Advanced Materials Co., Ltd., Annual General Meeting, May 25, 2026, at 14:00 China Standard Time. Location: The Company's Meeting Room, Xi'an, Shaanxi China Duyuru • Mar 30
Shaanxi Sirui Advanced Materials Co., Ltd. to Report Q1, 2026 Results on Apr 28, 2026 Shaanxi Sirui Advanced Materials Co., Ltd. announced that they will report Q1, 2026 results on Apr 28, 2026 Duyuru • Dec 26
Shaanxi Sirui Advanced Materials Co., Ltd. to Report Fiscal Year 2025 Results on Apr 28, 2026 Shaanxi Sirui Advanced Materials Co., Ltd. announced that they will report fiscal year 2025 results on Apr 28, 2026 Duyuru • Sep 30
Shaanxi Sirui Advanced Materials Co., Ltd. to Report Q3, 2025 Results on Oct 30, 2025 Shaanxi Sirui Advanced Materials Co., Ltd. announced that they will report Q3, 2025 results on Oct 30, 2025 Duyuru • Jun 30
Shaanxi Sirui Advanced Materials Co., Ltd. to Report First Half, 2025 Results on Aug 28, 2025 Shaanxi Sirui Advanced Materials Co., Ltd. announced that they will report first half, 2025 results on Aug 28, 2025 Duyuru • Apr 29
Shaanxi Sirui Advanced Materials Co., Ltd., Annual General Meeting, May 20, 2025 Shaanxi Sirui Advanced Materials Co., Ltd., Annual General Meeting, May 20, 2025, at 14:00 China Standard Time. Duyuru • Mar 28
Shaanxi Sirui Advanced Materials Co., Ltd. to Report Q1, 2025 Results on Apr 29, 2025 Shaanxi Sirui Advanced Materials Co., Ltd. announced that they will report Q1, 2025 results on Apr 29, 2025 Duyuru • Dec 27
Shaanxi Sirui Advanced Materials Co., Ltd. to Report Fiscal Year 2024 Results on Apr 29, 2025 Shaanxi Sirui Advanced Materials Co., Ltd. announced that they will report fiscal year 2024 results on Apr 29, 2025 Valuation Update With 7 Day Price Move • Nov 08
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to CN¥10.44, the stock trades at a forward P/E ratio of 47x. Average forward P/E is 15x in the Metals and Mining industry in China. Total returns to shareholders of 7.8% over the past year. Reported Earnings • Oct 30
Third quarter 2024 earnings released: EPS: CN¥0.021 (vs CN¥0.022 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.021. Revenue: CN¥340.3m (up 10% from 3Q 2023). Net income: CN¥22.3m (up 41% from 3Q 2023). Profit margin: 6.6% (up from 5.1% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 31% p.a. on average during the next 3 years, compared to a 9.4% growth forecast for the Metals and Mining industry in China. Valuation Update With 7 Day Price Move • Sep 30
Investor sentiment improves as stock rises 28% After last week's 28% share price gain to CN¥8.88, the stock trades at a forward P/E ratio of 39x. Average forward P/E is 14x in the Metals and Mining industry in China. Total loss to shareholders of 3.6% over the past year. Duyuru • Sep 30
Shaanxi Sirui Advanced Materials Co., Ltd. to Report Q3, 2024 Results on Oct 30, 2024 Shaanxi Sirui Advanced Materials Co., Ltd. announced that they will report Q3, 2024 results on Oct 30, 2024 New Risk • Aug 16
New minor risk - Financial position The company has a high level of debt. Net debt to equity ratio: 40% 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: Minor Risks High level of debt (40% net debt to equity). Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (7.5% average weekly change). New Risk • Jul 23
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 7.3% 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: Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (7.3% average weekly change). Large one-off items impacting financial results. Duyuru • Jun 28
Shaanxi Sirui Advanced Materials Co., Ltd. to Report First Half, 2024 Results on Aug 16, 2024 Shaanxi Sirui Advanced Materials Co., Ltd. announced that they will report first half, 2024 results on Aug 16, 2024 Valuation Update With 7 Day Price Move • May 31
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to CN¥12.78, the stock trades at a forward P/E ratio of 47x. Average forward P/E is 15x in the Metals and Mining industry in China. Total returns to shareholders of 11% over the past year. New Risk • May 12
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 26% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Paying a dividend despite having no free cash flows. Large one-off items impacting financial results. Duyuru • Apr 29
Shaanxi Sirui Advanced Materials Co., Ltd., Annual General Meeting, May 17, 2024 Shaanxi Sirui Advanced Materials Co., Ltd., Annual General Meeting, May 17, 2024, at 14:00 China Standard Time. Location: The Company's Meeting Room, Xi'an, Shaanxi China Reported Earnings • Apr 28
First quarter 2024 earnings released: EPS: CN¥0.045 (vs CN¥0.039 in 1Q 2023) First quarter 2024 results: EPS: CN¥0.045 (up from CN¥0.039 in 1Q 2023). Revenue: CN¥287.2m (up 14% from 1Q 2023). Net income: CN¥24.6m (up 14% from 1Q 2023). Profit margin: 8.6% (in line with 1Q 2023). Revenue is forecast to grow 28% p.a. on average during the next 3 years, compared to a 9.7% growth forecast for the Metals and Mining industry in China. Duyuru • Mar 29
Shaanxi Sirui Advanced Materials Co., Ltd. to Report Q1, 2024 Results on Apr 27, 2024 Shaanxi Sirui Advanced Materials Co., Ltd. announced that they will report Q1, 2024 results on Apr 27, 2024 Valuation Update With 7 Day Price Move • Feb 12
Investor sentiment improves as stock rises 23% After last week's 23% share price gain to CN¥10.00, the stock trades at a forward P/E ratio of 38x. Average forward P/E is 11x in the Metals and Mining industry in China. 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 6.9% 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. This is currently the only risk that has been identified for the company. Reported Earnings • Feb 02
Full year 2023 earnings released: EPS: CN¥0.18 (vs CN¥0.14 in FY 2022) Full year 2023 results: EPS: CN¥0.18 (up from CN¥0.14 in FY 2022). Revenue: CN¥1.17b (up 18% from FY 2022). Net income: CN¥101.5m (up 30% from FY 2022). Profit margin: 8.6% (up from 7.9% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 29% p.a. on average during the next 2 years, compared to a 16% growth forecast for the Metals and Mining industry in China. New Risk • Oct 24
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 108% 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. This is currently the only risk that has been identified for the company. New Risk • Aug 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 6.2% 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 Share price has been volatile over the past 3 months (6.2% average weekly change). Large one-off items impacting financial results. Duyuru • Jun 28
Shaanxi Sirui Advanced Materials Co., Ltd. to Report First Half, 2023 Results on Aug 30, 2023 Shaanxi Sirui Advanced Materials Co., Ltd. announced that they will report first half, 2023 results on Aug 30, 2023 Reported Earnings • Apr 27
First quarter 2023 earnings released: EPS: CN¥0.054 (vs CN¥0.087 in 1Q 2022) First quarter 2023 results: EPS: CN¥0.054 (down from CN¥0.087 in 1Q 2022). Revenue: CN¥251.4m (up 5.1% from 1Q 2022). Net income: CN¥21.6m (down 31% from 1Q 2022). Profit margin: 8.6% (down from 13% in 1Q 2022). The decrease in margin was driven by higher expenses. Board Change • Apr 27
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 (3 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.