Board Change • May 20
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Director Rongbing Huang was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Apr 29
Full year 2025 earnings released: EPS: CN¥0.005 (vs CN¥0.039 loss in FY 2024) Full year 2025 results: EPS: CN¥0.005 (up from CN¥0.039 loss in FY 2024). Revenue: CN¥20.1b (down 5.3% from FY 2024). Net income: CN¥33.7m (up CN¥293.0m from FY 2024). Profit margin: 0.2% (up from net loss in FY 2024). Over the last 3 years on average, earnings per share has fallen by 27% per year but the company’s share price has increased by 43% per year, which means it is well ahead of earnings. Duyuru • Apr 29
Leo Group Co., Ltd., Annual General Meeting, May 19, 2026 Leo Group Co., Ltd., Annual General Meeting, May 19, 2026, at 15:00 China Standard Time. Location: No. 1, 3rd Street, East Industrial Cluster, Wenling, Zhejiang China Duyuru • Mar 31
Leo Group Co., Ltd. to Report Q1, 2026 Results on Apr 28, 2026 Leo Group Co., Ltd. announced that they will report Q1, 2026 results on Apr 28, 2026 Duyuru • Dec 31
Leo Group Co., Ltd. to Report Fiscal Year 2025 Results on Apr 28, 2026 Leo Group Co., Ltd. announced that they will report fiscal year 2025 results on Apr 28, 2026 Duyuru • Oct 29
Leo Group Co., Ltd. Proposes Third Quarter Profit Distribution Plan for 2025 Leo Group Co., Ltd. at 2nd Extraordinary General Meeting of 2025 to be held on 12 November 2025 proposed 2025 3rd quarter profit distribution plan of Cash dividend/10 shares (tax included): CNY 0.05000000. Reported Earnings • Oct 28
Third quarter 2025 earnings released: EPS: CN¥0.016 (vs CN¥0.087 in 3Q 2024) Third quarter 2025 results: EPS: CN¥0.016 (down from CN¥0.087 in 3Q 2024). Revenue: CN¥4.82b (down 7.1% from 3Q 2024). Net income: CN¥110.7m (down 81% from 3Q 2024). Profit margin: 2.3% (down from 11% in 3Q 2024). Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has increased by 43% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Oct 17
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to CN¥4.84, the stock trades at a trailing P/E ratio of 32.6x. Average trailing P/E is 48x in the Media industry in China. Total returns to shareholders of 173% over the past three years. Duyuru • Sep 30
Leo Group Co., Ltd. to Report Q3, 2025 Results on Oct 28, 2025 Leo Group Co., Ltd. announced that they will report Q3, 2025 results on Oct 28, 2025 New Risk • Sep 24
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 9.0% 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. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (9.0% average weekly change). Earnings have declined by 35% per year over the past 5 years. Minor Risks Paying a dividend despite having no free cash flows. Large one-off items impacting financial results. Valuation Update With 7 Day Price Move • Sep 16
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to CN¥6.39, the stock trades at a trailing P/E ratio of 43.1x. Average trailing P/E is 50x in the Media industry in China. Total returns to shareholders of 259% over the past three years. Reported Earnings • Aug 31
Second quarter 2025 earnings released: EPS: CN¥0.045 (vs CN¥0.067 loss in 2Q 2024) Second quarter 2025 results: EPS: CN¥0.045 (up from CN¥0.067 loss in 2Q 2024). Revenue: CN¥4.88b (down 16% from 2Q 2024). Net income: CN¥370.2m (up CN¥876.1m from 2Q 2024). Profit margin: 7.6% (up from net loss in 2Q 2024). Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has increased by 38% per year, which means it is tracking significantly ahead of earnings growth. New Risk • Aug 21
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 6.8% 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 Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 226% Cash payout ratio: 104% Earnings have declined by 33% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (6.8% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.4% net profit margin). Duyuru • Jul 02
Leo Group Co., Ltd. to Report First Half, 2025 Results on Aug 29, 2025 Leo Group Co., Ltd. announced that they will report first half, 2025 results on Aug 29, 2025 Duyuru • May 27
Leo Group Co., Ltd. Approves Profit Distribution Plan for 2024 Leo Group Co., Ltd. at its Annual General Meeting of 2024 on 23 May 2025 was/were approved 2024 profit distribution plan as Cash dividend/10 shares (tax included): CNY 0.30000000. Reported Earnings • Apr 29
Full year 2024 earnings released: CN¥0.04 loss per share (vs CN¥0.29 profit in FY 2023) Full year 2024 results: CN¥0.04 loss per share (down from CN¥0.29 profit in FY 2023). Revenue: CN¥21.2b (up 3.4% from FY 2023). Net loss: CN¥259.3m (down 113% from profit in FY 2023). Over the last 3 years on average, earnings per share has increased by 51% per year but the company’s share price has only increased by 31% per year, which means it is significantly lagging earnings growth. Duyuru • Apr 29
Leo Group Co., Ltd., Annual General Meeting, May 23, 2025 Leo Group Co., Ltd., Annual General Meeting, May 23, 2025, at 15:00 China Standard Time. Duyuru • Mar 31
Leo Group Co., Ltd. to Report Q1, 2025 Results on Apr 29, 2025 Leo Group Co., Ltd. announced that they will report Q1, 2025 results on Apr 29, 2025 Duyuru • Dec 31
Leo Group Co., Ltd. to Report Fiscal Year 2024 Results on Apr 29, 2025 Leo Group Co., Ltd. announced that they will report fiscal year 2024 results on Apr 29, 2025 New Risk • Nov 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 11% 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 Risks Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Earnings have declined by 13% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (11% average weekly change). Reported Earnings • Oct 31
Third quarter 2024 earnings released: EPS: CN¥0.087 (vs CN¥0.028 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.087 (up from CN¥0.028 in 3Q 2023). Revenue: CN¥5.19b (up 16% from 3Q 2023). Net income: CN¥584.4m (up 212% from 3Q 2023). Profit margin: 11% (up from 4.2% in 3Q 2023). Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. Duyuru • Sep 30
Leo Group Co., Ltd. to Report Q3, 2024 Results on Oct 31, 2024 Leo Group Co., Ltd. announced that they will report Q3, 2024 results on Oct 31, 2024 Reported Earnings • Aug 29
Second quarter 2024 earnings released: CN¥0.067 loss per share (vs CN¥0.19 profit in 2Q 2023) Second quarter 2024 results: CN¥0.067 loss per share (down from CN¥0.19 profit in 2Q 2023). Revenue: CN¥5.82b (down 3.4% from 2Q 2023). Net loss: CN¥505.9m (down 138% from profit in 2Q 2023). Over the last 3 years on average, earnings per share has fallen by 19% per year and the company’s share price has also fallen by 19% per year. Duyuru • Jun 29
Leo Group Co., Ltd. to Report First Half, 2024 Results on Aug 29, 2024 Leo Group Co., Ltd. announced that they will report first half, 2024 results on Aug 29, 2024 Duyuru • Jun 25
Leo Group Co., Ltd. (SZSE:002131) announces an Equity Buyback for CNY 600 million worth of its shares. Leo Group Co., Ltd. (SZSE:002131) announces a share repurchase program. Under the program, the company will repurchase up to CNY 600 million worth of its A shares. The shares will be repurchased at no more than CNY 2 per share. The purpose of the program is to maintain the value of the Company and the interests of shareholders. The repurchased shares will be sold after 12 months of the repurchase result announcement. If the shares could not be sold with in 3 years after completion of the program, the unsold shares will be cancelled. The program will be funded from company's own funds. The program will be valid for 3 months. Board Change • Jun 13
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Rongbing Huang was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Duyuru • Jun 01
Leo Group Co., Ltd. Implements Final Cash Dividend of A Shares for the Year 2023 Leo Group Co., Ltd. implemented final Cash dividend of CNY 0.30000000 per 10 A shares (tax included) for the year 2023. Record date: 04 June 2024, Ex-date: 05 June 2024, Payment date: 05 June 2024. Duyuru • Apr 30
Leo Group Co., Ltd., Annual General Meeting, May 21, 2024 Leo Group Co., Ltd., Annual General Meeting, May 21, 2024, at 15:00 China Standard Time. Location: The Company's Meeting Room, Wenling, Zhejiang China Reported Earnings • Apr 29
First quarter 2024 earnings released: CN¥0.04 loss per share (vs CN¥0.09 profit in 1Q 2023) First quarter 2024 results: CN¥0.04 loss per share (down from CN¥0.09 profit in 1Q 2023). Revenue: CN¥4.84b (down 6.8% from 1Q 2023). Net loss: CN¥238.0m (down 140% from profit in 1Q 2023). Over the last 3 years on average, earnings per share has fallen by 35% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings. Duyuru • Apr 13
Leo Group Co., Ltd. Approves Board Elections Leo Group Co., Ltd. held its 1st Extraordinary General Meeting of 2024 on 10 April 2024, approved the election of Wang Xiangrong, Wang Zhuangli, and Zhang Xubo, as non-independent directors, Dai Haiping, Yan Shifu, and Huang Rongbing as independent directors and Lin Renyong as non-employee supervisor. Board Change • Apr 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 8 experienced directors. 1 highly experienced director. Non-Employee Supervisor Wenyu Chen was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Duyuru • Mar 30
Leo Group Co., Ltd. to Report Q1, 2024 Results on Apr 29, 2024 Leo Group Co., Ltd. announced that they will report Q1, 2024 results on Apr 29, 2024 Valuation Update With 7 Day Price Move • Feb 12
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to CN¥2.19, the stock trades at a trailing P/E ratio of 8.5x. Average trailing P/E is 33x in the Media industry in China. Total loss to shareholders of 28% over the past three years. Duyuru • Dec 30
Leo Group Co., Ltd. to Report Fiscal Year 2023 Results on Apr 29, 2024 Leo Group Co., Ltd. announced that they will report fiscal year 2023 results on Apr 29, 2024 Reported Earnings • Nov 02
Third quarter 2023 earnings released: EPS: CN¥0.028 (vs CN¥0.15 loss in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.028 (up from CN¥0.15 loss in 3Q 2022). Revenue: CN¥4.46b (down 16% from 3Q 2022). Net income: CN¥187.2m (up CN¥1.22b from 3Q 2022). Profit margin: 4.2% (up from net loss in 3Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 59 percentage points per year, which is a significant difference in performance. Duyuru • Sep 30
Leo Group Co., Ltd. to Report Q3, 2023 Results on Oct 31, 2023 Leo Group Co., Ltd. announced that they will report Q3, 2023 results on Oct 31, 2023 New Risk • Sep 10
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 104% 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. Reported Earnings • Aug 30
Second quarter 2023 earnings released: EPS: CN¥0.19 (vs CN¥0.27 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.19 (down from CN¥0.27 in 2Q 2022). Revenue: CN¥6.03b (up 18% from 2Q 2022). Net income: CN¥1.32b (down 26% from 2Q 2022). Profit margin: 22% (down from 35% in 2Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 65 percentage points per year, which is a significant difference in performance. Duyuru • May 06
Leo Group Co., Ltd., Annual General Meeting, May 19, 2023 Leo Group Co., Ltd., Annual General Meeting, May 19, 2023, at 15:00 China Standard Time. Agenda: To consider 2022 work report of the board of directors; to consider 2022 work report of the supervisory committee; to consider 2022 annual accounts; to consider 2022 annual report and its summary; to consider 2022 profit distribution plan; to consider 2022 self-examination report on fund occupation by controlling shareholders and other related parties; to consider Cash management with some idle proprietary funds; to consider 2023 credit scale and guarantee quota; to consider Summary report of audit work and reappointment of audit firm; to consider 2023 remuneration plan for directors, supervisors and senior management; and to consider Election of independent directors. Reported Earnings • Apr 29
Full year 2022 earnings released: CN¥0.07 loss per share (vs CN¥0.15 loss in FY 2021) Full year 2022 results: CN¥0.07 loss per share (improved from CN¥0.15 loss in FY 2021). Revenue: CN¥20.3b (flat on FY 2021). Net loss: CN¥443.1m (loss narrowed 56% from FY 2021). Over the last 3 years on average, earnings per share has fallen by 51% per year but the company’s share price has only fallen by 16% per year, which means it has not declined as severely as earnings. Reported Earnings • Oct 27
Third quarter 2022 earnings released: CN¥0.15 loss per share (vs CN¥0.15 loss in 3Q 2021) Third quarter 2022 results: CN¥0.15 loss per share (further deteriorated from CN¥0.15 loss in 3Q 2021). Revenue: CN¥5.33b (flat on 3Q 2021). Net loss: CN¥1.03b (flat on 3Q 2021). Over the last 3 years on average, earnings per share has fallen by 16% 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. Reported Earnings • Sep 02
Second quarter 2022 earnings released: EPS: CN¥0.27 (vs CN¥0.20 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.27 (up from CN¥0.20 in 2Q 2021). Revenue: CN¥5.11b (up 6.4% from 2Q 2021). Net income: CN¥1.78b (up 24% from 2Q 2021). Profit margin: 35% (up from 30% in 2Q 2021). Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. Duyuru • May 07
Leo Group Co., Ltd., Annual General Meeting, May 20, 2022 Leo Group Co., Ltd., Annual General Meeting, May 20, 2022, at 15:00 China Standard Time. Agenda: To consider 2021 work report of the board of directors; to consider 2021 work report of the supervisory committee; to consider 2021 annual accounts; to consider 2021 annual report and its summary; to consider 2021 profit distribution plan; to consider 2021 self-check report on fund occupation by controlling shareholders and other related parties; and cto consider any other matters. Reported Earnings • May 02
Full year 2021 earnings: EPS and revenues miss analyst expectations Full year 2021 results: CN¥0.15 loss per share (down from CN¥0.71 profit in FY 2020). Revenue: CN¥20.3b (up 30% from FY 2020). Net loss: CN¥1.02b (down 121% from profit in FY 2020). Revenue missed analyst estimates by 6.9%. Earnings per share (EPS) were also behind analyst expectations. Over the last 3 years on average, earnings per share has increased by 83% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Nov 17
Investor sentiment improved over the past week After last week's 18% share price gain to CN¥2.67, the stock trades at a trailing P/E ratio of 11.3x. Average trailing P/E is 27x in the Media industry in China. Total returns to shareholders of 55% over the past three years. Reported Earnings • Oct 31
Third quarter 2021 earnings released: CN¥0.15 loss per share (vs CN¥0.42 profit in 3Q 2020) The company reported a mediocre third quarter result with weaker earnings and weaker control over costs, although revenues improved. Third quarter 2021 results: Revenue: CN¥5.29b (up 60% from 3Q 2020). Net loss: CN¥1.02b (down 136% from profit in 3Q 2020). Over the last 3 years on average, earnings per share has increased by 99% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Sep 07
Investor sentiment improved over the past week After last week's 15% share price gain to CN¥2.73, the stock trades at a trailing P/E ratio of 4x. Average trailing P/E is 21x in the Media industry in China. Total returns to shareholders of 37% over the past three years. Reported Earnings • Aug 31
Second quarter 2021 earnings released: EPS CN¥0.21 (vs CN¥0.037 in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CN¥4.80b (up 36% from 2Q 2020). Net income: CN¥1.44b (up CN¥1.27b from 2Q 2020). Profit margin: 30% (up from 4.9% in 2Q 2020). Over the last 3 years on average, earnings per share has increased by 102% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth. Duyuru • Jun 03
Leo Group Co., Ltd. Proposes Cash Dividend on A Shares for the Year 2020, Payable on June 8, 2021 Leo Group Co., Ltd. proposed cash dividend per ten shares (tax included) on A shares of CNY 0.10000000 for the year 2020, payable on June 8, 2021. Record date is June 7, 2021. Ex-date is June 8, 2021. Duyuru • May 25
Leo Group Co., Ltd. Approves Cash Dividend for 2020 Leo Group Co., Ltd. at its Annual General Meeting of 2020 on 21 May 2021, approved profit distribution for 2020 cash dividend of CNY CNY0.10000000 per 10 shares (tax included) for the year 2020. Reported Earnings • May 05
First quarter 2021 earnings released: CN¥0.08 loss per share (vs CN¥0.01 profit in 1Q 2020) The company reported a soft first quarter result with weaker earnings and weaker control over costs, although revenues improved. First quarter 2021 results: Revenue: CN¥4.36b (up 14% from 1Q 2020). Net loss: CN¥508.0m (down CN¥595.7m from profit in 1Q 2020). Over the last 3 years on average, earnings per share has increased by 85% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Reported Earnings • Apr 20
Full year 2020 earnings released: EPS CN¥0.71 (vs CN¥0.047 in FY 2019) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: CN¥15.5b (up 12% from FY 2019). Net income: CN¥4.77b (up CN¥4.47b from FY 2019). Profit margin: 31% (up from 2.2% in FY 2019). The increase in margin was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 58% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. Is New 90 Day High Low • Nov 18
New 90-day high: CN¥3.42 The company is up 9.0% from its price of CN¥3.15 on 20 August 2020. The Chinese market is down 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Media industry, which is down 8.0% over the same period. Reported Earnings • Nov 01
Third quarter earnings released Over the last 12 months the company has reported total profits of CN¥3.08b, with earnings increasing by CN¥4.89b from the prior year. Total revenue was CN¥13.9b over the last 12 months, up 8.2% from the prior year. Valuation Update With 7 Day Price Move • Oct 15
Market bids up stock over the past week After last week's 16% share price gain to CN¥3.35, the stock is trading at a trailing P/E ratio of 69.3x, up from the previous P/E ratio of 59.8x. This compares to an average P/E of 45x in the Media industry in China. Total returns to shareholders over the past three years are 2.4%. Duyuru • Aug 12
Leo Group Co., Ltd. to Report First Half, 2020 Results on Aug 28, 2020 Leo Group Co., Ltd. announced that they will report first half, 2020 results on Aug 28, 2020