Fulin Precision（300432）株式概要富菱精密は、中国で自動車エンジン部品の研究開発、製造、販売を行っている。 詳細300432 ファンダメンタル分析スノーフレーク・スコア評価1/6将来の成長6/6過去の実績2/6財務の健全性5/6配当金3/6報酬収益は年間60.7%増加すると予測されています リスク分析利益率(3.2%)は昨年より低い(5%) 0.63%の配当はフリーキャッシュフローで十分にカバーされていない すべてのリスクチェックを見る300432 Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.NEW462,130 membersJoin community and earn perksGain real feedbackFrom our editorial team, personally. Not silence.Grow your followingReal investors. The kind who actually invest, not scroll past.Unlock free accessFree premium subscription for consistent and quality authors.Learn moreCreate NarrativeBLINRODA462,130 investors already sharing narrativesYour Fair ValueCN¥Current PriceCN¥15.7979.3% 割安 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture-2b120b2016201920222025202620282031Revenue CN¥120.0bEarnings CN¥3.8bAdvancedSet Fair ValueView all narrativesFulin Precision Co., Ltd. 競合他社Changzhou Xingyu Automotive Lighting SystemsSymbol: SHSE:601799Market cap: CN¥25.0bBethel Automotive Safety SystemsSymbol: SHSE:603596Market cap: CN¥22.6bJiangsu Xinquan Automotive TrimLtdSymbol: SHSE:603179Market cap: CN¥25.0bXiangyang Changyuandonggu IndustrySymbol: SHSE:603950Market cap: CN¥18.4b価格と性能株価の高値、安値、推移の概要Fulin Precision過去の株価現在の株価CN¥15.7952週高値CN¥28.8552週安値CN¥14.00ベータ0.441ヶ月の変化4.29%3ヶ月変化-36.02%1年変化2.13%3年間の変化144.54%5年間の変化-15.00%IPOからの変化132.84%最新ニュースValuation Update With 7 Day Price Move • Jul 10Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to CN¥16.69, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 18x in the Auto Components industry in China. Total returns to shareholders of 111% over the past three years.お知らせ • Jun 30Fulin Precision Co., Ltd. to Report First Half, 2026 Results on Aug 27, 2026Fulin Precision Co., Ltd. announced that they will report first half, 2026 results on Aug 27, 2026Valuation Update With 7 Day Price Move • Jun 26Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to CN¥19.10, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 18x in the Auto Components industry in China. Total returns to shareholders of 132% over the past three years.Declared Dividend • May 30Dividend of CN¥0.10 announcedShareholders will receive a dividend of CN¥0.10. Ex-date: 4th June 2026 Payment date: 4th June 2026 Dividend yield will be 0.4%, which is lower than the industry average of 1.8%. Sustainability & Growth Dividend is covered by earnings (34% earnings payout ratio) but not covered by cash flows (dividend approximately 8x free cash flows). The dividend has increased by an average of 5.0% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 322% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Board Change • May 20Less than half of directors are independentThere are 7 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: 7 new directors. 5 experienced directors. No highly experienced directors. 3 independent directors (6 non-independent directors). Vice Chairman Dan Nie is the most experienced director on the board, commencing their role in 2019. Independent Director Ying Pan 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. Lack of experienced directors.お知らせ • Apr 29Fulin Precision Co., Ltd., Annual General Meeting, May 19, 2026Fulin Precision Co., Ltd., Annual General Meeting, May 19, 2026, at 14:30 China Standard Time. Location: The Company's Meeting Room, Mianyang, Sichuan China最新情報をもっと見るRecent updatesValuation Update With 7 Day Price Move • Jul 10Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to CN¥16.69, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 18x in the Auto Components industry in China. Total returns to shareholders of 111% over the past three years.お知らせ • Jun 30Fulin Precision Co., Ltd. to Report First Half, 2026 Results on Aug 27, 2026Fulin Precision Co., Ltd. announced that they will report first half, 2026 results on Aug 27, 2026Valuation Update With 7 Day Price Move • Jun 26Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to CN¥19.10, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 18x in the Auto Components industry in China. Total returns to shareholders of 132% over the past three years.Declared Dividend • May 30Dividend of CN¥0.10 announcedShareholders will receive a dividend of CN¥0.10. Ex-date: 4th June 2026 Payment date: 4th June 2026 Dividend yield will be 0.4%, which is lower than the industry average of 1.8%. Sustainability & Growth Dividend is covered by earnings (34% earnings payout ratio) but not covered by cash flows (dividend approximately 8x free cash flows). The dividend has increased by an average of 5.0% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 322% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Board Change • May 20Less than half of directors are independentThere are 7 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: 7 new directors. 5 experienced directors. No highly experienced directors. 3 independent directors (6 non-independent directors). Vice Chairman Dan Nie is the most experienced director on the board, commencing their role in 2019. Independent Director Ying Pan 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. Lack of experienced directors.お知らせ • Apr 29Fulin Precision Co., Ltd., Annual General Meeting, May 19, 2026Fulin Precision Co., Ltd., Annual General Meeting, May 19, 2026, at 14:30 China Standard Time. Location: The Company's Meeting Room, Mianyang, Sichuan Chinaお知らせ • Mar 31Fulin Precision Co., Ltd. to Report Q1, 2026 Results on Apr 29, 2026Fulin Precision Co., Ltd. announced that they will report Q1, 2026 results on Apr 29, 2026お知らせ • Dec 31Fulin Precision Co., Ltd. to Report Fiscal Year 2025 Results on Apr 29, 2026Fulin Precision Co., Ltd. announced that they will report fiscal year 2025 results on Apr 29, 2026お知らせ • Sep 30Fulin Precision Co., Ltd. to Report Q3, 2025 Results on Oct 29, 2025Fulin Precision Co., Ltd. announced that they will report Q3, 2025 results on Oct 29, 2025お知らせ • Jul 02Fulin Precision Co., Ltd. to Report First Half, 2025 Results on Aug 26, 2025Fulin Precision Co., Ltd. announced that they will report first half, 2025 results on Aug 26, 2025お知らせ • Apr 29Fulin Precision Co., Ltd., Annual General Meeting, May 19, 2025Fulin Precision Co., Ltd., Annual General Meeting, May 19, 2025, at 14:30 China Standard Time.お知らせ • Mar 31Fulin Precision Co., Ltd. to Report Q1, 2025 Results on Apr 25, 2025Fulin Precision Co., Ltd. announced that they will report Q1, 2025 results on Apr 25, 2025お知らせ • Dec 31Fulin Precision Co., Ltd. to Report Fiscal Year 2024 Results on Apr 17, 2025Fulin Precision Co., Ltd. announced that they will report fiscal year 2024 results on Apr 17, 2025Reported Earnings • Oct 30Third quarter 2024 earnings released: EPS: CN¥0.15 (vs CN¥0.065 loss in 3Q 2023)Third quarter 2024 results: EPS: CN¥0.15 (up from CN¥0.065 loss in 3Q 2023). Revenue: CN¥2.29b (up 23% from 3Q 2023). Net income: CN¥178.9m (up CN¥257.9m from 3Q 2023). Profit margin: 7.8% (up from net loss in 3Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 49 percentage points per year, which is a significant difference in performance.New Risk • Sep 30New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 7.7% 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. This is currently the only risk that has been identified for the company.お知らせ • Sep 30Mianyang Fulin Precision Co.,Ltd. to Report Q3, 2024 Results on Oct 30, 2024Mianyang Fulin Precision Co.,Ltd. announced that they will report Q3, 2024 results on Oct 30, 2024Reported Earnings • Aug 24Second quarter 2024 earnings released: EPS: CN¥0.075 (vs CN¥0.16 in 2Q 2023)Second quarter 2024 results: EPS: CN¥0.075 (down from CN¥0.16 in 2Q 2023). Revenue: CN¥2.10b (up 31% from 2Q 2023). Net income: CN¥92.1m (down 54% from 2Q 2023). Profit margin: 4.4% (down from 13% in 2Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 40 percentage points per year, which is a significant difference in performance.お知らせ • Aug 13Mianyang Fulin Precision Co.,Ltd. (SZSE:300432) agreed to acquire 40% stake in Jiangxi Shenghua New Materials Co., Ltd. from Contemporary Amperex Technology Co., Limited (SZSE:300750) and Changjiang Chendao (Hubei) New Energy Industrial Investment Partnership Enterprise (Limited Partners) for approximately CNY 390 million.Mianyang Fulin Precision Co.,Ltd. (SZSE:300432) agreed to acquire 40% stake in Jiangxi Shenghua New Materials Co., Ltd. from Contemporary Amperex Technology Co., Limited (SZSE:300750) and Changjiang Chendao (Hubei) New Energy Industrial Investment Partnership Enterprise (Limited Partners) for approximately CNY 390 million on August 12, 2024. As of March 31, 2024, Jiangxi Shenghua New Materials Co., Ltd. reported total assets of CNY 4.18 billion and total common equity of CNY 347.96 million.お知らせ • Jun 29Mianyang Fulin Precision Co.,Ltd. to Report First Half, 2024 Results on Aug 24, 2024Mianyang Fulin Precision Co.,Ltd. announced that they will report first half, 2024 results on Aug 24, 2024お知らせ • Apr 29Mianyang Fulin Precision Co.,Ltd., Annual General Meeting, May 20, 2024Mianyang Fulin Precision Co.,Ltd., Annual General Meeting, May 20, 2024, at 14:30 China Standard Time. Location: The Company's Meeting Room, Mianyang, Sichuan ChinaReported Earnings • Apr 28First quarter 2024 earnings released: EPS: CN¥0.033 (vs CN¥0.43 loss in 1Q 2023)First quarter 2024 results: EPS: CN¥0.033 (up from CN¥0.43 loss in 1Q 2023). Revenue: CN¥1.50b (up 106% from 1Q 2023). Net income: CN¥39.7m (up CN¥561.7m from 1Q 2023). Profit margin: 2.7% (up from net loss in 1Q 2023). Revenue is forecast to grow 24% p.a. on average during the next 2 years, compared to a 18% growth forecast for the Auto Components industry in China. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 74 percentage points per year, which is a significant difference in performance.お知らせ • Mar 30Mianyang Fulin Precision Co.,Ltd. to Report Q1, 2024 Results on Apr 27, 2024Mianyang Fulin Precision Co.,Ltd. announced that they will report Q1, 2024 results on Apr 27, 2024お知らせ • Dec 29Mianyang Fulin Precision Co.,Ltd. to Report Fiscal Year 2023 Results on Apr 23, 2024Mianyang Fulin Precision Co.,Ltd. announced that they will report fiscal year 2023 results on Apr 23, 2024New Risk • Nov 30New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Chinese stocks, typically moving 8.1% 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 (8.1% average weekly change). 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.Reported Earnings • Nov 02Third quarter 2023 earnings released: CN¥0.065 loss per share (vs CN¥0.20 profit in 3Q 2022)Third quarter 2023 results: CN¥0.065 loss per share (down from CN¥0.20 profit in 3Q 2022). Revenue: CN¥1.86b (down 8.4% from 3Q 2022). Net loss: CN¥79.0m (down 132% from profit in 3Q 2022). Revenue is forecast to grow 46% p.a. on average during the next 3 years, compared to a 22% growth forecast for the Auto Components industry in China. Over the last 3 years on average, earnings per share has fallen by 41% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings.お知らせ • Sep 30Mianyang Fulin Precision Co.,Ltd. to Report Q3, 2023 Results on Oct 31, 2023Mianyang Fulin Precision Co.,Ltd. announced that they will report Q3, 2023 results on Oct 31, 2023Reported Earnings • Aug 31Second quarter 2023 earnings released: EPS: CN¥0.16 (vs CN¥0.12 in 2Q 2022)Second quarter 2023 results: EPS: CN¥0.16 (up from CN¥0.12 in 2Q 2022). Revenue: CN¥1.60b (up 53% from 2Q 2022). Net income: CN¥199.0m (up 39% from 2Q 2022). Profit margin: 13% (down from 14% in 2Q 2022). Revenue is forecast to grow 42% p.a. on average during the next 3 years, compared to a 21% growth forecast for the Auto Components industry in China. Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings.お知らせ • Jul 23Mianyang Fulin Precision Co.,Ltd. Approves Management AppointmentsMianyang Fulin Precision Co.,Ltd. announced at the EGM held on July 20, 2023, approved election of Wang Zhihong and Wang Mingrui as non-independent directors; Pan Ying, Bu Danlu and Xiao Shide as independent directors and Hu Guoying and Liu Jian as shareholder supervisors.お知らせ • Jul 01Mianyang Fulin Precision Co.,Ltd. to Report First Half, 2023 Results on Aug 19, 2023Mianyang Fulin Precision Co.,Ltd. announced that they will report first half, 2023 results on Aug 19, 2023お知らせ • May 24Mianyang Fulin Precision Co.,Ltd. Implements Final Dividend (A Shares) for 2022, Payable on 30 May 2023Mianyang Fulin Precision Co.,Ltd. implemented (A shares) final cash dividend of CNY 2.00000000 per 10 shares (tax included) for 2022. Record date is 29 May 2023. Ex-date is 30 May 2023. Payment date is 30 May 2023.お知らせ • May 19Mianyang Fulin Precision Co.,Ltd. Approves Final Cash Dividend for the Year of 2022Mianyang Fulin Precision Co.,Ltd. at its AGM held on May 15, 2023, approved final cash dividend of CNY 2.00000000 per ten shares for the year of 2022.Reported Earnings • Apr 26First quarter 2023 earnings released: CN¥0.43 loss per share (vs CN¥0.19 profit in 1Q 2022)First quarter 2023 results: CN¥0.43 loss per share (down from CN¥0.19 profit in 1Q 2022). Revenue: CN¥724.9m (down 56% from 1Q 2022). Net loss: CN¥522.0m (down 347% from profit in 1Q 2022). 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 33% per year, which means it is well ahead of earnings.Valuation Update With 7 Day Price Move • Nov 05Investor sentiment improved over the past weekAfter last week's 16% share price gain to CN¥16.52, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 26x in the Auto Components industry in China. Total returns to shareholders of 487% over the past three years.Reported Earnings • Oct 29Third quarter 2022 earnings released: EPS: CN¥0.20 (vs CN¥0.07 in 3Q 2021)Third quarter 2022 results: EPS: CN¥0.20 (up from CN¥0.07 in 3Q 2021). Revenue: CN¥2.03b (up 221% from 3Q 2021). Net income: CN¥245.8m (up 214% from 3Q 2021). Profit margin: 12% (in line with 3Q 2021). Revenue is forecast to grow 32% p.a. on average during the next 3 years, compared to a 23% growth forecast for the Auto Components industry in China. Over the last 3 years on average, earnings per share has increased by 57% per year but the company’s share price has increased by 76% per year, which means it is tracking significantly ahead of earnings growth.Reported Earnings • Aug 31Second quarter 2022 earnings released: EPS: CN¥0.12 (vs CN¥0.053 in 2Q 2021)Second quarter 2022 results: EPS: CN¥0.12 (up from CN¥0.053 in 2Q 2021). Revenue: CN¥1.04b (up 93% from 2Q 2021). Net income: CN¥142.9m (up 141% from 2Q 2021). Profit margin: 14% (up from 11% in 2Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 83% per year but the company’s share price has increased by 91% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • Jun 18Investor sentiment improved over the past weekAfter last week's 19% share price gain to CN¥19.39, the stock trades at a trailing P/E ratio of 46.3x. Average trailing P/E is 45x in the Auto Components industry in China. Total returns to shareholders of 639% over the past three years.Board Change • May 28Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 12 experienced directors. No highly experienced directors. Non-Independent Director Jian Sheng Peng was the last director to join the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.Valuation Update With 7 Day Price Move • May 03Investor sentiment improved over the past weekAfter last week's 33% share price gain to CN¥19.90, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 21x in the Auto Components industry in China. Total returns to shareholders of 405% over the past three years.Reported Earnings • Apr 27First quarter 2022 earnings released: EPS: CN¥0.29 (vs CN¥0.14 in 1Q 2021)First quarter 2022 results: EPS: CN¥0.29 (up from CN¥0.14 in 1Q 2021). Revenue: CN¥1.65b (up 212% from 1Q 2021). Net income: CN¥211.1m (up 109% from 1Q 2021). Profit margin: 13% (down from 19% in 1Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 63%, compared to a 32% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has increased by 97% per year but the company’s share price has only increased by 51% per year, which means it is significantly lagging earnings growth.Reported Earnings • Oct 28Third quarter 2021 earnings released: EPS CN¥0.10 (vs CN¥0.15 in 3Q 2020)The company reported a mediocre third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: CN¥632.1m (up 33% from 3Q 2020). Net income: CN¥78.2m (down 28% from 3Q 2020). Profit margin: 12% (down from 23% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 84% per year but the company’s share price has increased by 141% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • Sep 30Investor sentiment deteriorated over the past weekAfter last week's 23% share price decline to CN¥36.84, the stock trades at a forward P/E ratio of 54x. Average forward P/E is 18x in the Auto Components industry in China. Total returns to shareholders of 740% over the past three years.Valuation Update With 7 Day Price Move • Sep 09Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to CN¥36.37, the stock trades at a forward P/E ratio of 54x. Average forward P/E is 21x in the Auto Components industry in China. Total returns to shareholders of 734% over the past three years.Reported Earnings • Aug 30Second quarter 2021 earnings released: EPS CN¥0.08 (vs CN¥0.099 in 2Q 2020)The company reported a mediocre second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2021 results: Revenue: CN¥540.2m (up 36% from 2Q 2020). Net income: CN¥59.3m (down 4.9% from 2Q 2020). Profit margin: 11% (down from 16% 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 66% per year but the company’s share price has increased by 112% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • Aug 10Investor sentiment improved over the past weekAfter last week's 18% share price gain to CN¥33.49, the stock trades at a trailing P/E ratio of 69.5x. Average trailing P/E is 31x in the Auto Components industry in China. Total returns to shareholders of 628% over the past three years.Valuation Update With 7 Day Price Move • Jul 23Investor sentiment improved over the past weekAfter last week's 30% share price gain to CN¥28.86, the stock trades at a forward P/E ratio of 48x. Average forward P/E is 21x in the Auto Components industry in China. Total returns to shareholders of 436% over the past three years.Valuation Update With 7 Day Price Move • Jul 06Investor sentiment improved over the past weekAfter last week's 19% share price gain to CN¥16.27, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 20x in the Auto Components industry in China. Total returns to shareholders of 224% over the past three years.Valuation Update With 7 Day Price Move • Jun 04Investor sentiment improved over the past weekAfter last week's 16% share price gain to CN¥12.10, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 20x in the Auto Components industry in China. Total returns to shareholders of 103% over the past three years.Reported Earnings • Apr 28First quarter 2021 earnings released: EPS CN¥0.14 (vs CN¥0.098 in 1Q 2020)The company reported a solid first quarter result with improved earnings and revenues, although profit margins were weaker. First quarter 2021 results: Revenue: CN¥529.8m (up 55% from 1Q 2020). Net income: CN¥101.1m (up 22% from 1Q 2020). Profit margin: 19% (down from 24% in 1Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 45% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.Is New 90 Day High Low • Feb 11New 90-day low: CN¥9.61The company is down 4.0% from its price of CN¥10.02 on 13 November 2020. The Chinese market is up 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Auto Components industry, which is up 1.0% over the same period.Reported Earnings • Feb 07Full year 2020 earnings released: EPS CN¥0.45 (vs CN¥0.63 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¥1.83b (up 21% from FY 2019). Net income: CN¥330.7m (down 36% from FY 2019). Profit margin: 18% (down from 34% 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 23% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.Analyst Estimate Surprise Post Earnings • Feb 07Revenue beats expectationsRevenue exceeded analyst estimates by 1.4%. Over the next year, revenue is forecast to grow 40%, compared to a 23% growth forecast for the Auto Components industry in China.Is New 90 Day High Low • Jan 11New 90-day high: CN¥12.18The company is up 12% from its price of CN¥10.86 on 14 October 2020. The Chinese market is up 5.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Auto Components industry, which is up 3.0% over the same period.Valuation Update With 7 Day Price Move • Jan 08Investor sentiment improved over the past weekAfter last week's 16% share price gain to CN¥11.93, the stock is trading at a trailing P/E ratio of 15.9x, up from the previous P/E ratio of 13.6x. This compares to an average P/E of 33x in the Auto Components industry in China. Total returns to shareholders over the past three years are 14%.Valuation Update With 7 Day Price Move • Nov 18Market bids up stock over the past weekAfter last week's 18% share price gain to CN¥11.74, the stock is trading at a trailing P/E ratio of 15.7x, up from the previous P/E ratio of 13.4x. This compares to an average P/E of 40x in the Auto Components industry in China. Total returns to shareholders over the past three years are 4.3%.Valuation Update With 7 Day Price Move • Nov 12Market pulls back on stock over the past weekAfter last week's 17% share price decline to CN¥9.80, the stock is trading at a trailing P/E ratio of 13x, down from the previous P/E ratio of 15.7x. This compares to an average P/E of 39x in the Auto Components industry in China. Total return to shareholders over the past three years is a loss of 18%.株主還元300432CN Auto ComponentsCN 市場7D-2.0%-4.6%-2.7%1Y2.1%-15.7%4.6%株主還元を見る業界別リターン: 300432過去 1 年間で-15.7 % の収益を上げたCN Auto Components業界を上回りました。リターン対市場: 300432は、過去 1 年間で4.6 % のリターンを上げたCN市場を下回りました。価格変動Is 300432's price volatile compared to industry and market?300432 volatility300432 Average Weekly Movement7.2%Auto Components Industry Average Movement7.2%Market Average Movement7.4%10% most volatile stocks in CN Market12.6%10% least volatile stocks in CN Market4.4%安定した株価: 300432 、 CN市場と比較して、過去 3 か月間で大きな価格変動はありませんでした。時間の経過による変動: 300432の 週次ボラティリティ ( 7% ) は過去 1 年間安定しています。会社概要設立従業員CEO（最高経営責任者ウェブサイト19975,865Jun Wangwww.fulinpm.com富菱精密は、中国で自動車エンジン部品の研究開発、製造、販売を行っています。油圧タペット、機械式バルブタペット、油圧テンショナー、ロッカーアーム、可変バルブ作動システム（VVT,VVL）、ノズル、直噴システム、VVT,OCV、ピストン冷却ジェット、オートテンショナー、高精度機械加工部品、自動変速機部品、燃料噴射装置などを提供。前身は綿陽富菱精密機械加工有限公司で、2020年12月に富菱精密有限公司に社名変更した。Fulin Precision Co., Ltd.は1997年に設立され、中国綿陽市に拠点を置いている。もっと見るFulin Precision Co., Ltd. 基礎のまとめFulin Precision の収益と売上を時価総額と比較するとどうか。300432 基礎統計学時価総額CN¥27.00b収益（TTM）CN¥506.60m売上高(TTM)CN¥15.84b53.3xPER（株価収益率1.7xP/Sレシオ300432 は割高か？公正価値と評価分析を参照収益と収入最新の決算報告書（TTM）に基づく主な収益性統計300432 損益計算書（TTM）収益CN¥15.84b売上原価CN¥14.23b売上総利益CN¥1.61bその他の費用CN¥1.10b収益CN¥506.60m直近の収益報告Mar 31, 2026次回決算日Aug 27, 2026一株当たり利益（EPS）0.30グロス・マージン10.14%純利益率3.20%有利子負債／自己資本比率36.6%300432 の長期的なパフォーマンスは？過去の実績と比較を見る配当金0.6%現在の配当利回り34%配当性向View Valuation企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/08/20 03:32終値2026/08/20 00:00収益2026/03/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレークこのレポートを生成するために使用した分析モデルの詳細は、当社のGitHubページでご覧いただけます。また、レポートの活用方法に関するガイドやYouTubeのチュートリアルも用意しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Fulin Precision Co., Ltd. 3 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。5 アナリスト機関Tao ZengChina Galaxy Securities Co., Ltd.Wei FengChina International Capital Corporation LimitedWeichen WuCitic Securities Co., Ltd.2 その他のアナリストを表示
Valuation Update With 7 Day Price Move • Jul 10Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to CN¥16.69, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 18x in the Auto Components industry in China. Total returns to shareholders of 111% over the past three years.
お知らせ • Jun 30Fulin Precision Co., Ltd. to Report First Half, 2026 Results on Aug 27, 2026Fulin Precision Co., Ltd. announced that they will report first half, 2026 results on Aug 27, 2026
Valuation Update With 7 Day Price Move • Jun 26Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to CN¥19.10, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 18x in the Auto Components industry in China. Total returns to shareholders of 132% over the past three years.
Declared Dividend • May 30Dividend of CN¥0.10 announcedShareholders will receive a dividend of CN¥0.10. Ex-date: 4th June 2026 Payment date: 4th June 2026 Dividend yield will be 0.4%, which is lower than the industry average of 1.8%. Sustainability & Growth Dividend is covered by earnings (34% earnings payout ratio) but not covered by cash flows (dividend approximately 8x free cash flows). The dividend has increased by an average of 5.0% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 322% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Board Change • May 20Less than half of directors are independentThere are 7 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: 7 new directors. 5 experienced directors. No highly experienced directors. 3 independent directors (6 non-independent directors). Vice Chairman Dan Nie is the most experienced director on the board, commencing their role in 2019. Independent Director Ying Pan 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. Lack of experienced directors.
お知らせ • Apr 29Fulin Precision Co., Ltd., Annual General Meeting, May 19, 2026Fulin Precision Co., Ltd., Annual General Meeting, May 19, 2026, at 14:30 China Standard Time. Location: The Company's Meeting Room, Mianyang, Sichuan China
Valuation Update With 7 Day Price Move • Jul 10Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to CN¥16.69, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 18x in the Auto Components industry in China. Total returns to shareholders of 111% over the past three years.
お知らせ • Jun 30Fulin Precision Co., Ltd. to Report First Half, 2026 Results on Aug 27, 2026Fulin Precision Co., Ltd. announced that they will report first half, 2026 results on Aug 27, 2026
Valuation Update With 7 Day Price Move • Jun 26Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to CN¥19.10, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 18x in the Auto Components industry in China. Total returns to shareholders of 132% over the past three years.
Declared Dividend • May 30Dividend of CN¥0.10 announcedShareholders will receive a dividend of CN¥0.10. Ex-date: 4th June 2026 Payment date: 4th June 2026 Dividend yield will be 0.4%, which is lower than the industry average of 1.8%. Sustainability & Growth Dividend is covered by earnings (34% earnings payout ratio) but not covered by cash flows (dividend approximately 8x free cash flows). The dividend has increased by an average of 5.0% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 322% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Board Change • May 20Less than half of directors are independentThere are 7 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: 7 new directors. 5 experienced directors. No highly experienced directors. 3 independent directors (6 non-independent directors). Vice Chairman Dan Nie is the most experienced director on the board, commencing their role in 2019. Independent Director Ying Pan 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. Lack of experienced directors.
お知らせ • Apr 29Fulin Precision Co., Ltd., Annual General Meeting, May 19, 2026Fulin Precision Co., Ltd., Annual General Meeting, May 19, 2026, at 14:30 China Standard Time. Location: The Company's Meeting Room, Mianyang, Sichuan China
お知らせ • Mar 31Fulin Precision Co., Ltd. to Report Q1, 2026 Results on Apr 29, 2026Fulin Precision Co., Ltd. announced that they will report Q1, 2026 results on Apr 29, 2026
お知らせ • Dec 31Fulin Precision Co., Ltd. to Report Fiscal Year 2025 Results on Apr 29, 2026Fulin Precision Co., Ltd. announced that they will report fiscal year 2025 results on Apr 29, 2026
お知らせ • Sep 30Fulin Precision Co., Ltd. to Report Q3, 2025 Results on Oct 29, 2025Fulin Precision Co., Ltd. announced that they will report Q3, 2025 results on Oct 29, 2025
お知らせ • Jul 02Fulin Precision Co., Ltd. to Report First Half, 2025 Results on Aug 26, 2025Fulin Precision Co., Ltd. announced that they will report first half, 2025 results on Aug 26, 2025
お知らせ • Apr 29Fulin Precision Co., Ltd., Annual General Meeting, May 19, 2025Fulin Precision Co., Ltd., Annual General Meeting, May 19, 2025, at 14:30 China Standard Time.
お知らせ • Mar 31Fulin Precision Co., Ltd. to Report Q1, 2025 Results on Apr 25, 2025Fulin Precision Co., Ltd. announced that they will report Q1, 2025 results on Apr 25, 2025
お知らせ • Dec 31Fulin Precision Co., Ltd. to Report Fiscal Year 2024 Results on Apr 17, 2025Fulin Precision Co., Ltd. announced that they will report fiscal year 2024 results on Apr 17, 2025
Reported Earnings • Oct 30Third quarter 2024 earnings released: EPS: CN¥0.15 (vs CN¥0.065 loss in 3Q 2023)Third quarter 2024 results: EPS: CN¥0.15 (up from CN¥0.065 loss in 3Q 2023). Revenue: CN¥2.29b (up 23% from 3Q 2023). Net income: CN¥178.9m (up CN¥257.9m from 3Q 2023). Profit margin: 7.8% (up from net loss in 3Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 49 percentage points per year, which is a significant difference in performance.
New Risk • Sep 30New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 7.7% 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. This is currently the only risk that has been identified for the company.
お知らせ • Sep 30Mianyang Fulin Precision Co.,Ltd. to Report Q3, 2024 Results on Oct 30, 2024Mianyang Fulin Precision Co.,Ltd. announced that they will report Q3, 2024 results on Oct 30, 2024
Reported Earnings • Aug 24Second quarter 2024 earnings released: EPS: CN¥0.075 (vs CN¥0.16 in 2Q 2023)Second quarter 2024 results: EPS: CN¥0.075 (down from CN¥0.16 in 2Q 2023). Revenue: CN¥2.10b (up 31% from 2Q 2023). Net income: CN¥92.1m (down 54% from 2Q 2023). Profit margin: 4.4% (down from 13% in 2Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 40 percentage points per year, which is a significant difference in performance.
お知らせ • Aug 13Mianyang Fulin Precision Co.,Ltd. (SZSE:300432) agreed to acquire 40% stake in Jiangxi Shenghua New Materials Co., Ltd. from Contemporary Amperex Technology Co., Limited (SZSE:300750) and Changjiang Chendao (Hubei) New Energy Industrial Investment Partnership Enterprise (Limited Partners) for approximately CNY 390 million.Mianyang Fulin Precision Co.,Ltd. (SZSE:300432) agreed to acquire 40% stake in Jiangxi Shenghua New Materials Co., Ltd. from Contemporary Amperex Technology Co., Limited (SZSE:300750) and Changjiang Chendao (Hubei) New Energy Industrial Investment Partnership Enterprise (Limited Partners) for approximately CNY 390 million on August 12, 2024. As of March 31, 2024, Jiangxi Shenghua New Materials Co., Ltd. reported total assets of CNY 4.18 billion and total common equity of CNY 347.96 million.
お知らせ • Jun 29Mianyang Fulin Precision Co.,Ltd. to Report First Half, 2024 Results on Aug 24, 2024Mianyang Fulin Precision Co.,Ltd. announced that they will report first half, 2024 results on Aug 24, 2024
お知らせ • Apr 29Mianyang Fulin Precision Co.,Ltd., Annual General Meeting, May 20, 2024Mianyang Fulin Precision Co.,Ltd., Annual General Meeting, May 20, 2024, at 14:30 China Standard Time. Location: The Company's Meeting Room, Mianyang, Sichuan China
Reported Earnings • Apr 28First quarter 2024 earnings released: EPS: CN¥0.033 (vs CN¥0.43 loss in 1Q 2023)First quarter 2024 results: EPS: CN¥0.033 (up from CN¥0.43 loss in 1Q 2023). Revenue: CN¥1.50b (up 106% from 1Q 2023). Net income: CN¥39.7m (up CN¥561.7m from 1Q 2023). Profit margin: 2.7% (up from net loss in 1Q 2023). Revenue is forecast to grow 24% p.a. on average during the next 2 years, compared to a 18% growth forecast for the Auto Components industry in China. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 74 percentage points per year, which is a significant difference in performance.
お知らせ • Mar 30Mianyang Fulin Precision Co.,Ltd. to Report Q1, 2024 Results on Apr 27, 2024Mianyang Fulin Precision Co.,Ltd. announced that they will report Q1, 2024 results on Apr 27, 2024
お知らせ • Dec 29Mianyang Fulin Precision Co.,Ltd. to Report Fiscal Year 2023 Results on Apr 23, 2024Mianyang Fulin Precision Co.,Ltd. announced that they will report fiscal year 2023 results on Apr 23, 2024
New Risk • Nov 30New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Chinese stocks, typically moving 8.1% 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 (8.1% average weekly change). 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.
Reported Earnings • Nov 02Third quarter 2023 earnings released: CN¥0.065 loss per share (vs CN¥0.20 profit in 3Q 2022)Third quarter 2023 results: CN¥0.065 loss per share (down from CN¥0.20 profit in 3Q 2022). Revenue: CN¥1.86b (down 8.4% from 3Q 2022). Net loss: CN¥79.0m (down 132% from profit in 3Q 2022). Revenue is forecast to grow 46% p.a. on average during the next 3 years, compared to a 22% growth forecast for the Auto Components industry in China. Over the last 3 years on average, earnings per share has fallen by 41% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings.
お知らせ • Sep 30Mianyang Fulin Precision Co.,Ltd. to Report Q3, 2023 Results on Oct 31, 2023Mianyang Fulin Precision Co.,Ltd. announced that they will report Q3, 2023 results on Oct 31, 2023
Reported Earnings • Aug 31Second quarter 2023 earnings released: EPS: CN¥0.16 (vs CN¥0.12 in 2Q 2022)Second quarter 2023 results: EPS: CN¥0.16 (up from CN¥0.12 in 2Q 2022). Revenue: CN¥1.60b (up 53% from 2Q 2022). Net income: CN¥199.0m (up 39% from 2Q 2022). Profit margin: 13% (down from 14% in 2Q 2022). Revenue is forecast to grow 42% p.a. on average during the next 3 years, compared to a 21% growth forecast for the Auto Components industry in China. Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings.
お知らせ • Jul 23Mianyang Fulin Precision Co.,Ltd. Approves Management AppointmentsMianyang Fulin Precision Co.,Ltd. announced at the EGM held on July 20, 2023, approved election of Wang Zhihong and Wang Mingrui as non-independent directors; Pan Ying, Bu Danlu and Xiao Shide as independent directors and Hu Guoying and Liu Jian as shareholder supervisors.
お知らせ • Jul 01Mianyang Fulin Precision Co.,Ltd. to Report First Half, 2023 Results on Aug 19, 2023Mianyang Fulin Precision Co.,Ltd. announced that they will report first half, 2023 results on Aug 19, 2023
お知らせ • May 24Mianyang Fulin Precision Co.,Ltd. Implements Final Dividend (A Shares) for 2022, Payable on 30 May 2023Mianyang Fulin Precision Co.,Ltd. implemented (A shares) final cash dividend of CNY 2.00000000 per 10 shares (tax included) for 2022. Record date is 29 May 2023. Ex-date is 30 May 2023. Payment date is 30 May 2023.
お知らせ • May 19Mianyang Fulin Precision Co.,Ltd. Approves Final Cash Dividend for the Year of 2022Mianyang Fulin Precision Co.,Ltd. at its AGM held on May 15, 2023, approved final cash dividend of CNY 2.00000000 per ten shares for the year of 2022.
Reported Earnings • Apr 26First quarter 2023 earnings released: CN¥0.43 loss per share (vs CN¥0.19 profit in 1Q 2022)First quarter 2023 results: CN¥0.43 loss per share (down from CN¥0.19 profit in 1Q 2022). Revenue: CN¥724.9m (down 56% from 1Q 2022). Net loss: CN¥522.0m (down 347% from profit in 1Q 2022). 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 33% per year, which means it is well ahead of earnings.
Valuation Update With 7 Day Price Move • Nov 05Investor sentiment improved over the past weekAfter last week's 16% share price gain to CN¥16.52, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 26x in the Auto Components industry in China. Total returns to shareholders of 487% over the past three years.
Reported Earnings • Oct 29Third quarter 2022 earnings released: EPS: CN¥0.20 (vs CN¥0.07 in 3Q 2021)Third quarter 2022 results: EPS: CN¥0.20 (up from CN¥0.07 in 3Q 2021). Revenue: CN¥2.03b (up 221% from 3Q 2021). Net income: CN¥245.8m (up 214% from 3Q 2021). Profit margin: 12% (in line with 3Q 2021). Revenue is forecast to grow 32% p.a. on average during the next 3 years, compared to a 23% growth forecast for the Auto Components industry in China. Over the last 3 years on average, earnings per share has increased by 57% per year but the company’s share price has increased by 76% per year, which means it is tracking significantly ahead of earnings growth.
Reported Earnings • Aug 31Second quarter 2022 earnings released: EPS: CN¥0.12 (vs CN¥0.053 in 2Q 2021)Second quarter 2022 results: EPS: CN¥0.12 (up from CN¥0.053 in 2Q 2021). Revenue: CN¥1.04b (up 93% from 2Q 2021). Net income: CN¥142.9m (up 141% from 2Q 2021). Profit margin: 14% (up from 11% in 2Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 83% per year but the company’s share price has increased by 91% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • Jun 18Investor sentiment improved over the past weekAfter last week's 19% share price gain to CN¥19.39, the stock trades at a trailing P/E ratio of 46.3x. Average trailing P/E is 45x in the Auto Components industry in China. Total returns to shareholders of 639% over the past three years.
Board Change • May 28Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 12 experienced directors. No highly experienced directors. Non-Independent Director Jian Sheng Peng was the last director to join the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.
Valuation Update With 7 Day Price Move • May 03Investor sentiment improved over the past weekAfter last week's 33% share price gain to CN¥19.90, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 21x in the Auto Components industry in China. Total returns to shareholders of 405% over the past three years.
Reported Earnings • Apr 27First quarter 2022 earnings released: EPS: CN¥0.29 (vs CN¥0.14 in 1Q 2021)First quarter 2022 results: EPS: CN¥0.29 (up from CN¥0.14 in 1Q 2021). Revenue: CN¥1.65b (up 212% from 1Q 2021). Net income: CN¥211.1m (up 109% from 1Q 2021). Profit margin: 13% (down from 19% in 1Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 63%, compared to a 32% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has increased by 97% per year but the company’s share price has only increased by 51% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Oct 28Third quarter 2021 earnings released: EPS CN¥0.10 (vs CN¥0.15 in 3Q 2020)The company reported a mediocre third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: CN¥632.1m (up 33% from 3Q 2020). Net income: CN¥78.2m (down 28% from 3Q 2020). Profit margin: 12% (down from 23% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 84% per year but the company’s share price has increased by 141% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • Sep 30Investor sentiment deteriorated over the past weekAfter last week's 23% share price decline to CN¥36.84, the stock trades at a forward P/E ratio of 54x. Average forward P/E is 18x in the Auto Components industry in China. Total returns to shareholders of 740% over the past three years.
Valuation Update With 7 Day Price Move • Sep 09Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to CN¥36.37, the stock trades at a forward P/E ratio of 54x. Average forward P/E is 21x in the Auto Components industry in China. Total returns to shareholders of 734% over the past three years.
Reported Earnings • Aug 30Second quarter 2021 earnings released: EPS CN¥0.08 (vs CN¥0.099 in 2Q 2020)The company reported a mediocre second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2021 results: Revenue: CN¥540.2m (up 36% from 2Q 2020). Net income: CN¥59.3m (down 4.9% from 2Q 2020). Profit margin: 11% (down from 16% 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 66% per year but the company’s share price has increased by 112% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • Aug 10Investor sentiment improved over the past weekAfter last week's 18% share price gain to CN¥33.49, the stock trades at a trailing P/E ratio of 69.5x. Average trailing P/E is 31x in the Auto Components industry in China. Total returns to shareholders of 628% over the past three years.
Valuation Update With 7 Day Price Move • Jul 23Investor sentiment improved over the past weekAfter last week's 30% share price gain to CN¥28.86, the stock trades at a forward P/E ratio of 48x. Average forward P/E is 21x in the Auto Components industry in China. Total returns to shareholders of 436% over the past three years.
Valuation Update With 7 Day Price Move • Jul 06Investor sentiment improved over the past weekAfter last week's 19% share price gain to CN¥16.27, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 20x in the Auto Components industry in China. Total returns to shareholders of 224% over the past three years.
Valuation Update With 7 Day Price Move • Jun 04Investor sentiment improved over the past weekAfter last week's 16% share price gain to CN¥12.10, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 20x in the Auto Components industry in China. Total returns to shareholders of 103% over the past three years.
Reported Earnings • Apr 28First quarter 2021 earnings released: EPS CN¥0.14 (vs CN¥0.098 in 1Q 2020)The company reported a solid first quarter result with improved earnings and revenues, although profit margins were weaker. First quarter 2021 results: Revenue: CN¥529.8m (up 55% from 1Q 2020). Net income: CN¥101.1m (up 22% from 1Q 2020). Profit margin: 19% (down from 24% in 1Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 45% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.
Is New 90 Day High Low • Feb 11New 90-day low: CN¥9.61The company is down 4.0% from its price of CN¥10.02 on 13 November 2020. The Chinese market is up 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Auto Components industry, which is up 1.0% over the same period.
Reported Earnings • Feb 07Full year 2020 earnings released: EPS CN¥0.45 (vs CN¥0.63 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¥1.83b (up 21% from FY 2019). Net income: CN¥330.7m (down 36% from FY 2019). Profit margin: 18% (down from 34% 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 23% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.
Analyst Estimate Surprise Post Earnings • Feb 07Revenue beats expectationsRevenue exceeded analyst estimates by 1.4%. Over the next year, revenue is forecast to grow 40%, compared to a 23% growth forecast for the Auto Components industry in China.
Is New 90 Day High Low • Jan 11New 90-day high: CN¥12.18The company is up 12% from its price of CN¥10.86 on 14 October 2020. The Chinese market is up 5.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Auto Components industry, which is up 3.0% over the same period.
Valuation Update With 7 Day Price Move • Jan 08Investor sentiment improved over the past weekAfter last week's 16% share price gain to CN¥11.93, the stock is trading at a trailing P/E ratio of 15.9x, up from the previous P/E ratio of 13.6x. This compares to an average P/E of 33x in the Auto Components industry in China. Total returns to shareholders over the past three years are 14%.
Valuation Update With 7 Day Price Move • Nov 18Market bids up stock over the past weekAfter last week's 18% share price gain to CN¥11.74, the stock is trading at a trailing P/E ratio of 15.7x, up from the previous P/E ratio of 13.4x. This compares to an average P/E of 40x in the Auto Components industry in China. Total returns to shareholders over the past three years are 4.3%.
Valuation Update With 7 Day Price Move • Nov 12Market pulls back on stock over the past weekAfter last week's 17% share price decline to CN¥9.80, the stock is trading at a trailing P/E ratio of 13x, down from the previous P/E ratio of 15.7x. This compares to an average P/E of 39x in the Auto Components industry in China. Total return to shareholders over the past three years is a loss of 18%.
