View ValuationSumec 将来の成長Future 基準チェック /16Sumec利益と収益がそれぞれ年間14.5%と4.7%増加すると予測されています。EPS は年間 増加すると予想されています。自己資本利益率は 3 年後に16.5% 14.5%なると予測されています。主要情報14.5%収益成長率14.51%EPS成長率Trade Distributors 収益成長38.4%収益成長率4.7%将来の株主資本利益率16.50%アナリストカバレッジLow最終更新日01 Jul 2026今後の成長に関する最新情報更新なしすべての更新を表示Recent updatesReported Earnings • Jul 18Second quarter 2026 earnings released: EPS: CN¥0.29 (vs CN¥0.27 in 2Q 2025)Second quarter 2026 results: EPS: CN¥0.29 (up from CN¥0.27 in 2Q 2025). Revenue: CN¥35.3b (up 20% from 2Q 2025). Net income: CN¥382.6m (up 8.4% from 2Q 2025). Profit margin: 1.1% (down from 1.2% in 2Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.7% p.a. on average during the next 3 years, compared to a 6.7% growth forecast for the Trade Distributors industry in China. Over the last 3 years on average, earnings per share has increased by 12% per year whereas the company’s share price has increased by 7% per year.お知らせ • Jun 30Sumec Corporation Limited to Report First Half, 2026 Results on Aug 28, 2026Sumec Corporation Limited announced that they will report first half, 2026 results on Aug 28, 2026Declared Dividend • Jun 15Dividend increased to CN¥0.41Dividend of CN¥0.41 is 12% higher than last year. Ex-date: 18th June 2026 Payment date: 18th June 2026 Dividend yield will be 3.7%, which is lower than the industry average of 5.4%. Sustainability & Growth Dividend is covered by earnings (40% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 25% per year over the past 9 years. However, payments have been volatile during that time. Earnings per share has grown by 15% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.お知らせ • Apr 14Sumec Corporation Limited, Annual General Meeting, May 19, 2026Sumec Corporation Limited, Annual General Meeting, May 19, 2026, at 14:30 China Standard Time. Location: The Company's Meeting Room, Nanjing, Jiangsu Chinaお知らせ • Mar 30Sumec Corporation Limited to Report Q1, 2026 Results on Apr 24, 2026Sumec Corporation Limited announced that they will report Q1, 2026 results on Apr 24, 2026Valuation Update With 7 Day Price Move • Mar 02Investor sentiment improves as stock rises 15%After last week's 15% share price gain to CN¥13.82, the stock trades at a trailing P/E ratio of 13.3x. Average trailing P/E is 30x in the Trade Distributors industry in China. Total returns to shareholders of 141% over the past three years.お知らせ • Dec 26Sumec Corporation Limited to Report Fiscal Year 2025 Results on Apr 14, 2026Sumec Corporation Limited announced that they will report fiscal year 2025 results on Apr 14, 2026Reported Earnings • Oct 25Third quarter 2025 earnings released: EPS: CN¥0.35 (vs CN¥0.33 in 3Q 2024)Third quarter 2025 results: EPS: CN¥0.35 (up from CN¥0.33 in 3Q 2024). Revenue: CN¥32.3b (up 4.2% from 3Q 2024). Net income: CN¥457.9m (up 6.6% from 3Q 2024). Profit margin: 1.4% (in line with 3Q 2024). Revenue is forecast to stay flat during the next 3 years compared to a 2.5% growth forecast for the Trade Distributors industry in China. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has increased by 21% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Sep 30Sumec Corporation Limited to Report Q3, 2025 Results on Oct 24, 2025Sumec Corporation Limited announced that they will report Q3, 2025 results on Oct 24, 2025Reported Earnings • Jul 18Second quarter 2025 earnings released: CN¥0.22 loss per share (vs CN¥0.24 profit in 2Q 2024)Second quarter 2025 results: CN¥0.22 loss per share (down from CN¥0.24 profit in 2Q 2024). Net loss: CN¥293.0m (down 196% from profit in 2Q 2024). Revenue is forecast to stay flat during the next 3 years compared to a 5.1% growth forecast for the Trade Distributors industry in China. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has increased by 18% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Jun 30Sumec Corporation Limited to Report First Half, 2025 Results on Aug 28, 2025Sumec Corporation Limited announced that they will report first half, 2025 results on Aug 28, 2025お知らせ • Apr 17Sumec Corporation Limited (SHSE:600710) agreed to acquire an additional 16.92% stake in Lanpec Technologies Limited (SHSE:601798) from Sinomach Capital Management Corporation for approximately CNY 400 million.Sumec Corporation Limited (SHSE:600710) agreed to acquire an additional 16.92% stake in Lanpec Technologies Limited (SHSE:601798) from Sinomach Capital Management Corporation for approximately CNY 400 million on April 17, 2025. As part of consideration, an undisclosed value is paid towards common equity of Lanpec Technologies Limited. Upon completion, Sumec Corporation Limited will own 21.72% stake in Lanpec Technologies Limited. Sumec Corporation Limited will purchase 60 million shares at CNY 6.71 per share. The transaction will be funded from the Sumec Corporation Limited's own funds. The transaction still requires the review and approval of the board of directors and shareholders’ meeting of Sumec Corporation Limited and the confirmation from the compliance review and confirmation from the Shanghai Stock Exchange.お知らせ • Apr 14Sumec Corporation Limited, Annual General Meeting, May 13, 2025Sumec Corporation Limited, Annual General Meeting, May 13, 2025, at 15:00 China Standard Time. Location: The Company's Meeting Room, Nanjing, Jiangsu ChinaReported Earnings • Apr 12Full year 2024 earnings: EPS and revenues exceed analyst expectationsFull year 2024 results: EPS: CN¥0.88 (up from CN¥0.79 in FY 2023). Revenue: CN¥117.2b (down 4.7% from FY 2023). Net income: CN¥1.15b (up 12% from FY 2023). Profit margin: 1.0% (up from 0.8% in FY 2023). The increase in margin was driven by lower expenses. Revenue exceeded analyst estimates by 4.1%. Earnings per share (EPS) also surpassed analyst estimates by 4.8%. Revenue is forecast to grow 2.9% p.a. on average during the next 2 years, compared to a 7.3% growth forecast for the Trade Distributors industry in China. Over the last 3 years on average, earnings per share has increased by 13% per year whereas the company’s share price has increased by 14% per year.Valuation Update With 7 Day Price Move • Apr 08Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to CN¥8.38, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 14x in the Trade Distributors industry in China. Total returns to shareholders of 58% over the past three years.お知らせ • Mar 28Sumec Corporation Limited to Report Q1, 2025 Results on Apr 23, 2025Sumec Corporation Limited announced that they will report Q1, 2025 results on Apr 23, 2025New Risk • Mar 17New 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 8.2% 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 Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (8.2% average weekly change).Valuation Update With 7 Day Price Move • Feb 24Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CN¥10.50, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 15x in the Trade Distributors industry in China. Total returns to shareholders of 96% over the past three years.分析記事 • Feb 10These 4 Measures Indicate That Sumec (SHSE:600710) Is Using Debt Reasonably WellWarren Buffett famously said, 'Volatility is far from synonymous with risk.' When we think about how risky a company...Reported Earnings • Jan 18Full year 2024 earnings released: EPS: CN¥0.87 (vs CN¥0.79 in FY 2023)Full year 2024 results: EPS: CN¥0.87 (up from CN¥0.79 in FY 2023). Revenue: CN¥117.3b (down 4.6% from FY 2023). Net income: CN¥1.13b (up 9.9% from FY 2023). Profit margin: 1.0% (up from 0.8% in FY 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 2.9% p.a. on average during the next 2 years, compared to a 8.2% growth forecast for the Trade Distributors industry in China. Over the last 3 years on average, earnings per share has increased by 13% per year and the company’s share price has also increased by 13% per year.分析記事 • Jan 03Sumec (SHSE:600710) Is Reinvesting To Multiply In ValueThere are a few key trends to look for if we want to identify the next multi-bagger. In a perfect world, we'd like to...お知らせ • Dec 27Sumec Corporation Limited to Report Fiscal Year 2024 Results on Apr 12, 2025Sumec Corporation Limited announced that they will report fiscal year 2024 results on Apr 12, 2025Reported Earnings • Oct 25Third quarter 2024 earnings released: EPS: CN¥0.33 (vs CN¥0.30 in 3Q 2023)Third quarter 2024 results: EPS: CN¥0.33 (up from CN¥0.30 in 3Q 2023). Revenue: CN¥31.0b (down 1.7% from 3Q 2023). Net income: CN¥430.7m (up 13% from 3Q 2023). Profit margin: 1.4% (up from 1.2% in 3Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 4.6% p.a. on average during the next 3 years, compared to a 8.2% growth forecast for the Trade Distributors industry in China. Over the last 3 years on average, earnings per share has increased by 15% per year whereas the company’s share price has increased by 14% per year.お知らせ • Sep 30Sumec Corporation Limited to Report Q3, 2024 Results on Oct 25, 2024Sumec Corporation Limited announced that they will report Q3, 2024 results on Oct 25, 2024お知らせ • Sep 10Sumec Corporation Limited (SHSE:600710) agreed to acquire 4.80% stake in Lanpec Technologies Limited (SHSE:601798) from China Perfect Machinery Industry Corp., Ltd. on September 10, 2024. A cash consideration of CNY 86.53 million.Sumec Corporation Limited (SHSE:600710) agreed to acquire 4.80% stake in Lanpec Technologies Limited (SHSE:601798) from China Perfect Machinery Industry Corp., Ltd. on September 10, 2024. The transaction will be financed through the own funds of Sumec. As of June 30, 2024, Lanpec Technologies Limited reported total assets of CNY 2.35 billion and total common equity of CNY 1.32 billion. The transaction is subject to approval of merger agreement by target board.Reported Earnings • Aug 17Second quarter 2024 earnings released: EPS: CN¥0.24 (vs CN¥0.20 in 2Q 2023)Second quarter 2024 results: EPS: CN¥0.24 (up from CN¥0.20 in 2Q 2023). Revenue: CN¥32.2b (down 3.9% from 2Q 2023). Net income: CN¥304.5m (up 17% from 2Q 2023). Profit margin: 0.9% (in line with 2Q 2023). Revenue is forecast to grow 9.4% p.a. on average during the next 3 years, compared to a 8.6% growth forecast for the Trade Distributors industry in China. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.Reported Earnings • Jul 10Second quarter 2024 earnings released: EPS: CN¥0.24 (vs CN¥0.20 in 2Q 2023)Second quarter 2024 results: EPS: CN¥0.24 (up from CN¥0.20 in 2Q 2023). Revenue: CN¥32.2b (down 3.9% from 2Q 2023). Net income: CN¥304.5m (up 17% from 2Q 2023). Profit margin: 0.9% (in line with 2Q 2023). Revenue is forecast to grow 30% p.a. on average during the next 2 years, compared to a 12% growth forecast for the Trade Distributors industry in China. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.お知らせ • Jun 28Sumec Corporation Limited to Report First Half, 2024 Results on Aug 17, 2024Sumec Corporation Limited announced that they will report first half, 2024 results on Aug 17, 2024Reported Earnings • Apr 27First quarter 2024 earnings released: EPS: CN¥0.20 (vs CN¥0.19 in 1Q 2023)First quarter 2024 results: EPS: CN¥0.20 (up from CN¥0.19 in 1Q 2023). Revenue: CN¥23.7b (down 23% from 1Q 2023). Net income: CN¥265.9m (up 5.2% from 1Q 2023). Profit margin: 1.1% (up from 0.8% in 1Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 27% p.a. on average during the next 2 years, compared to a 13% growth forecast for the Trade Distributors industry in China. Over the last 3 years on average, earnings per share has increased by 16% per year whereas the company’s share price has increased by 13% per year.分析記事 • Apr 25We Like The Quality Of Sumec's (SHSE:600710) EarningsSumec Corporation Limited's ( SHSE:600710 ) recent earnings report didn't offer any surprises, with the shares...Reported Earnings • Apr 16Full year 2023 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2023 results: EPS: CN¥0.79 (up from CN¥0.70 in FY 2022). Revenue: CN¥123.0b (down 13% from FY 2022). Net income: CN¥1.03b (up 13% from FY 2022). Profit margin: 0.8% (up from 0.6% in FY 2022). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 8.9%. Earnings per share (EPS) exceeded analyst estimates by 1.3%. Revenue is forecast to grow 21% p.a. on average during the next 2 years, compared to a 13% growth forecast for the Trade Distributors industry in China. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.お知らせ • Apr 13Sumec Corporation Limited, Annual General Meeting, May 09, 2024Sumec Corporation Limited, Annual General Meeting, May 09, 2024, at 15:00 China Standard Time.分析記事 • Apr 02Benign Growth For Sumec Corporation Limited (SHSE:600710) Underpins Its Share PriceWhen close to half the companies in China have price-to-earnings ratios (or "P/E's") above 32x, you may consider Sumec...お知らせ • Mar 29Sumec Corporation Limited to Report Q1, 2024 Results on Apr 26, 2024Sumec Corporation Limited announced that they will report Q1, 2024 results on Apr 26, 2024分析記事 • Mar 04We Think Sumec (SHSE:600710) Can Stay On Top Of Its DebtDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...Reported Earnings • Jan 30Full year 2023 earnings released: EPS: CN¥0.79 (vs CN¥0.70 in FY 2022)Full year 2023 results: EPS: CN¥0.79 (up from CN¥0.70 in FY 2022). Revenue: CN¥123.0b (down 13% from FY 2022). Net income: CN¥1.03b (up 12% from FY 2022). Profit margin: 0.8% (up from 0.6% in FY 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 21% p.a. on average during the next 2 years, compared to a 13% growth forecast for the Trade Distributors industry in China. Over the last 3 years on average, earnings per share has increased by 19% per year whereas the company’s share price has increased by 17% per year.Valuation Update With 7 Day Price Move • Jan 29Investor sentiment improves as stock rises 17%After last week's 17% share price gain to CN¥7.64, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 9x in the Trade Distributors industry in China. Total returns to shareholders of 79% over the past three years.お知らせ • Dec 29Sumec Corporation Limited to Report Fiscal Year 2023 Results on Apr 13, 2024Sumec Corporation Limited announced that they will report fiscal year 2023 results on Apr 13, 2024Reported Earnings • Oct 26Third quarter 2023 earnings released: EPS: CN¥0.30 (vs CN¥0.25 in 3Q 2022)Third quarter 2023 results: EPS: CN¥0.30 (up from CN¥0.25 in 3Q 2022). Revenue: CN¥31.6b (down 18% from 3Q 2022). Net income: CN¥383.0m (up 15% from 3Q 2022). Profit margin: 1.2% (up from 0.9% in 3Q 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Trade Distributors industry in China. 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 11% per year, which means it is significantly lagging earnings growth.お知らせ • Sep 30Sumec Corporation Limited to Report Q3, 2023 Results on Oct 26, 2023Sumec Corporation Limited announced that they will report Q3, 2023 results on Oct 26, 2023Reported Earnings • Aug 18Second quarter 2023 earnings released: EPS: CN¥0.20 (vs CN¥0.19 in 2Q 2022)Second quarter 2023 results: EPS: CN¥0.20 (up from CN¥0.19 in 2Q 2022). Revenue: CN¥33.5b (down 27% from 2Q 2022). Net income: CN¥259.5m (up 9.0% from 2Q 2022). Profit margin: 0.8% (up from 0.5% in 2Q 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Trade Distributors industry in China. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth.Reported Earnings • Jul 16Second quarter 2023 earnings released: EPS: CN¥0.20 (vs CN¥0.19 in 2Q 2022)Second quarter 2023 results: EPS: CN¥0.20 (up from CN¥0.19 in 2Q 2022). Revenue: CN¥33.5b (down 27% from 2Q 2022). Net income: CN¥259.9m (up 9.1% from 2Q 2022). Profit margin: 0.8% (up from 0.5% in 2Q 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Trade Distributors industry in China. Over the last 3 years on average, earnings per share has increased by 22% per year whereas the company’s share price has increased by 20% per year.お知らせ • Jun 28Sumec Corporation Limited to Report First Half, 2023 Results on Aug 18, 2023Sumec Corporation Limited announced that they will report first half, 2023 results on Aug 18, 2023Valuation Update With 7 Day Price Move • May 09Investor sentiment improves as stock rises 17%After last week's 17% share price gain to CN¥8.13, the stock trades at a trailing P/E ratio of 11.1x. Average trailing P/E is 24x in the Trade Distributors industry in China. Total returns to shareholders of 91% over the past three years.Reported Earnings • Apr 12Full year 2022 earnings released: EPS: CN¥0.69 (vs CN¥0.59 in FY 2021)Full year 2022 results: EPS: CN¥0.69 (up from CN¥0.59 in FY 2021). Revenue: CN¥151.0b (down 11% from FY 2021). Net income: CN¥901.0m (up 18% from FY 2021). Profit margin: 0.6% (up from 0.5% in FY 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth.Reported Earnings • Jan 14Full year 2022 earnings released: EPS: CN¥0.69 (vs CN¥0.59 in FY 2021)Full year 2022 results: EPS: CN¥0.69 (up from CN¥0.59 in FY 2021). Revenue: CN¥151.0b (down 11% from FY 2021). Net income: CN¥901.0m (up 18% from FY 2021). Profit margin: 0.6% (up from 0.5% in FY 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.Board Change • Nov 16Less than half of directors are independentThere are 5 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 3 independent directors. 7 non-independent directors. Independent Director Mao Ning was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.Reported Earnings • Oct 27Third quarter 2022 earnings released: EPS: CN¥0.25 (vs CN¥0.21 in 3Q 2021)Third quarter 2022 results: EPS: CN¥0.25 (up from CN¥0.21 in 3Q 2021). Revenue: CN¥38.4b (down 15% from 3Q 2021). Net income: CN¥333.6m (up 19% from 3Q 2021). Profit margin: 0.9% (up from 0.6% in 3Q 2021). The increase in margin was driven by lower 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 5% per year, which means it is significantly lagging earnings growth.Reported Earnings • Jul 22Second quarter 2022 earnings released: EPS: CN¥0.19 (vs CN¥0.13 in 2Q 2021)Second quarter 2022 results: EPS: CN¥0.19 (up from CN¥0.13 in 2Q 2021). Revenue: CN¥45.9b (flat on 2Q 2021). Net income: CN¥238.1m (up 40% from 2Q 2021). Profit margin: 0.5% (up from 0.4% in 2Q 2021). Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.Reported Earnings • Apr 27First quarter 2022 earnings released: EPS: CN¥0.16 (vs CN¥0.16 in 1Q 2021)First quarter 2022 results: EPS: CN¥0.16 (vs CN¥0.16 in 1Q 2021). Revenue: CN¥30.7b (down 7.0% from 1Q 2021). Net income: CN¥215.0m (up 5.6% from 1Q 2021). Profit margin: 0.7% (up from 0.6% in 1Q 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings.Reported Earnings • Mar 12Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: CN¥0.59 (up from CN¥0.42 in FY 2020). Revenue: CN¥168.7b (up 71% from FY 2020). Net income: CN¥766.5m (up 40% from FY 2020). Profit margin: 0.5% (down from 0.6% in FY 2020). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.Reported Earnings • Oct 26Third quarter 2021 earnings released: EPS CN¥0.21 (vs CN¥0.21 in 3Q 2020)The company reported a solid third quarter result with improved earnings and revenues, although profit margins were weaker. Third quarter 2021 results: Revenue: CN¥45.0b (up 68% from 3Q 2020). Net income: CN¥280.5m (up 1.6% from 3Q 2020). Profit margin: 0.6% (down from 1.0% 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 15% per year whereas the company’s share price has increased by 19% per year.Valuation Update With 7 Day Price Move • Sep 29Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to CN¥6.46, the stock trades at a trailing P/E ratio of 12.6x. Average trailing P/E is 23x in the Trade Distributors industry in China. Total returns to shareholders of 69% over the past three years.Reported Earnings • Aug 09Second quarter 2021 earnings released: EPS CN¥0.13 (vs CN¥0.13 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¥46.2b (up 68% from 2Q 2020). Net income: CN¥169.7m (down 3.0% from 2Q 2020). Profit margin: 0.4% (down from 0.6% 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 15% per year whereas the company’s share price has increased by 18% per year.Reported Earnings • Apr 17Full year 2020 earnings released: EPS CN¥0.42 (vs CN¥0.34 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: CN¥98.6b (up 17% from FY 2019). Net income: CN¥546.2m (up 24% from FY 2019). Profit margin: 0.6% (up from 0.5% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.Is New 90 Day High Low • Mar 05New 90-day high: CN¥6.12The company is up 8.0% from its price of CN¥5.69 on 04 December 2020. The Chinese market is up 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Trade Distributors industry, which is down 4.0% over the same period.Valuation Update With 7 Day Price Move • Mar 05Investor sentiment improved over the past weekAfter last week's 23% share price gain to CN¥6.12, the stock is trading at a trailing P/E ratio of 14.9x, up from the previous P/E ratio of 12.1x. This compares to an average P/E of 26x in the Trade Distributors industry in China. Total return to shareholders over the past three years is a loss of 2.2%.Is New 90 Day High Low • Jan 25New 90-day low: CN¥4.90The company is down 3.0% from its price of CN¥5.07 on 27 October 2020. The Chinese market is up 12% over the last 90 days, indicating the company underperformed over that time. However, its price trend is similar to the Trade Distributors industry, which is also down 3.0% over the same period.Is New 90 Day High Low • Nov 09New 90-day high: CN¥5.48The company is up 4.0% from its price of CN¥5.29 on 11 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 Trade Distributors industry, which is down 10.0% over the same period.Reported Earnings • Oct 26Third quarter earnings releasedOver the last 12 months the company has reported total profits of CN¥529.3m, down 2.3% from the prior year. Total revenue was CN¥90.1b over the last 12 months, up 2.9% from the prior year.お知らせ • Oct 19Sumec Corporation Limited to Report Q3, 2020 Results on Oct 24, 2020Sumec Corporation Limited announced that they will report Q3, 2020 results on Oct 24, 2020Is New 90 Day High Low • Oct 04New 90-day low: CN¥4.73The company is down 6.0% from its price of CN¥5.01 on 06 July 2020. The Chinese market is up 4.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Trade Distributors industry, which is down 5.0% over the same period.業績と収益の成長予測SHSE:600710 - アナリストの将来予測と過去の財務データ ( )CNY Millions日付収益収益フリー・キャッシュフロー営業活動によるキャッシュ平均アナリスト数12/31/2028143,5162,001N/AN/A112/31/2027135,5151,701N/AN/A112/31/2026128,3071,492N/AN/A16/30/2026128,7231,399N/AN/AN/A3/31/2026123,1651,372-2,711-2,150N/A12/31/2025117,8111,356-1,201-702N/A9/30/2025117,7531,2501,2571,528N/A6/30/2025116,4551,2224,9695,072N/A3/31/2025119,2011,1758,7568,825N/A12/31/2024117,1741,1485,0195,167N/A9/30/2024113,9271,1386,2076,479N/A6/30/2024114,4611,0931,5711,828N/A3/31/2024115,7701,0431,1031,539N/A12/31/2023123,0171,0282,4792,819N/A9/30/2023122,2421,0201,7802,106N/A6/30/2023129,0389687,0177,373N/A3/31/2023141,4659517,5287,713N/A12/31/2022141,1489135,9566,183N/A9/30/2022159,49390010,68010,955N/A6/30/2022166,0928478,0288,355N/A3/31/2022166,3697787,8548,201N/A12/31/2021168,6827675,3895,718N/A9/30/2021152,296676-410242N/A6/30/2021134,108672-1,330-706N/A3/31/2021115,4896772,1192,813N/A12/31/202098,5905463,3004,003N/A9/30/202091,3635403,4964,370N/A6/30/202088,4514663,2924,199N/A3/31/202083,037441N/A-1,864N/A12/31/201985,672452N/A3,453N/A9/30/201987,581543N/A4,840N/A6/30/201983,296483N/A3,188N/A3/31/201983,365462N/A5,048N/A12/31/201881,959455N/A3,224N/A9/30/201881,555433N/A4,435N/A6/30/201879,622399N/A4,577N/A3/31/201874,891364N/A5,788N/A12/31/201774,086358N/A4,168N/A9/30/201770,893478N/A-1,014N/A6/30/201762,837364N/A-1,167N/A3/31/201758,763288N/A-3,427N/A12/31/201650,173207N/A-1,873N/A9/30/201671,72978N/A-399N/A6/30/201662,380-51N/A110N/A3/31/201649,185-205N/A-128N/A12/31/201541,479-262N/A239N/A9/30/20151,032-430N/A57N/Aもっと見るアナリストによる今後の成長予測収入対貯蓄率: 600710の予測収益成長率 (年間14.5% ) は 貯蓄率 ( 2.4% ) を上回っています。収益対市場: 600710の収益 ( 14.5% ) CN市場 ( 26.4% ) よりも低い成長が予測されています。高成長収益: 600710の収益は増加すると予測されていますが、大幅には増加しません。収益対市場: 600710の収益 ( 4.7% ) CN市場 ( 16.3% ) よりも低い成長が予測されています。高い収益成長: 600710の収益 ( 4.7% ) 20%よりも低い成長が予測されています。一株当たり利益成長率予想将来の株主資本利益率将来のROE: 600710の 自己資本利益率 は、3年後には低くなると予測されています ( 16.5 %)。成長企業の発掘7D1Y7D1Y7D1YCapital-goods 業界の高成長企業。View Past Performance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2026/07/22 21:01終値2026/07/22 00:00収益2026/06/30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Sumec Corporation Limited 1 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。3 アナリスト機関Haibo LiuCitic Securities Co., Ltd.Min Deng YunEverbright Securities Co. Ltd.Fu Li HeTianfeng Securities Brokerage Co., Ltd
Reported Earnings • Jul 18Second quarter 2026 earnings released: EPS: CN¥0.29 (vs CN¥0.27 in 2Q 2025)Second quarter 2026 results: EPS: CN¥0.29 (up from CN¥0.27 in 2Q 2025). Revenue: CN¥35.3b (up 20% from 2Q 2025). Net income: CN¥382.6m (up 8.4% from 2Q 2025). Profit margin: 1.1% (down from 1.2% in 2Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.7% p.a. on average during the next 3 years, compared to a 6.7% growth forecast for the Trade Distributors industry in China. Over the last 3 years on average, earnings per share has increased by 12% per year whereas the company’s share price has increased by 7% per year.
お知らせ • Jun 30Sumec Corporation Limited to Report First Half, 2026 Results on Aug 28, 2026Sumec Corporation Limited announced that they will report first half, 2026 results on Aug 28, 2026
Declared Dividend • Jun 15Dividend increased to CN¥0.41Dividend of CN¥0.41 is 12% higher than last year. Ex-date: 18th June 2026 Payment date: 18th June 2026 Dividend yield will be 3.7%, which is lower than the industry average of 5.4%. Sustainability & Growth Dividend is covered by earnings (40% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 25% per year over the past 9 years. However, payments have been volatile during that time. Earnings per share has grown by 15% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
お知らせ • Apr 14Sumec Corporation Limited, Annual General Meeting, May 19, 2026Sumec Corporation Limited, Annual General Meeting, May 19, 2026, at 14:30 China Standard Time. Location: The Company's Meeting Room, Nanjing, Jiangsu China
お知らせ • Mar 30Sumec Corporation Limited to Report Q1, 2026 Results on Apr 24, 2026Sumec Corporation Limited announced that they will report Q1, 2026 results on Apr 24, 2026
Valuation Update With 7 Day Price Move • Mar 02Investor sentiment improves as stock rises 15%After last week's 15% share price gain to CN¥13.82, the stock trades at a trailing P/E ratio of 13.3x. Average trailing P/E is 30x in the Trade Distributors industry in China. Total returns to shareholders of 141% over the past three years.
お知らせ • Dec 26Sumec Corporation Limited to Report Fiscal Year 2025 Results on Apr 14, 2026Sumec Corporation Limited announced that they will report fiscal year 2025 results on Apr 14, 2026
Reported Earnings • Oct 25Third quarter 2025 earnings released: EPS: CN¥0.35 (vs CN¥0.33 in 3Q 2024)Third quarter 2025 results: EPS: CN¥0.35 (up from CN¥0.33 in 3Q 2024). Revenue: CN¥32.3b (up 4.2% from 3Q 2024). Net income: CN¥457.9m (up 6.6% from 3Q 2024). Profit margin: 1.4% (in line with 3Q 2024). Revenue is forecast to stay flat during the next 3 years compared to a 2.5% growth forecast for the Trade Distributors industry in China. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has increased by 21% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Sep 30Sumec Corporation Limited to Report Q3, 2025 Results on Oct 24, 2025Sumec Corporation Limited announced that they will report Q3, 2025 results on Oct 24, 2025
Reported Earnings • Jul 18Second quarter 2025 earnings released: CN¥0.22 loss per share (vs CN¥0.24 profit in 2Q 2024)Second quarter 2025 results: CN¥0.22 loss per share (down from CN¥0.24 profit in 2Q 2024). Net loss: CN¥293.0m (down 196% from profit in 2Q 2024). Revenue is forecast to stay flat during the next 3 years compared to a 5.1% growth forecast for the Trade Distributors industry in China. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has increased by 18% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Jun 30Sumec Corporation Limited to Report First Half, 2025 Results on Aug 28, 2025Sumec Corporation Limited announced that they will report first half, 2025 results on Aug 28, 2025
お知らせ • Apr 17Sumec Corporation Limited (SHSE:600710) agreed to acquire an additional 16.92% stake in Lanpec Technologies Limited (SHSE:601798) from Sinomach Capital Management Corporation for approximately CNY 400 million.Sumec Corporation Limited (SHSE:600710) agreed to acquire an additional 16.92% stake in Lanpec Technologies Limited (SHSE:601798) from Sinomach Capital Management Corporation for approximately CNY 400 million on April 17, 2025. As part of consideration, an undisclosed value is paid towards common equity of Lanpec Technologies Limited. Upon completion, Sumec Corporation Limited will own 21.72% stake in Lanpec Technologies Limited. Sumec Corporation Limited will purchase 60 million shares at CNY 6.71 per share. The transaction will be funded from the Sumec Corporation Limited's own funds. The transaction still requires the review and approval of the board of directors and shareholders’ meeting of Sumec Corporation Limited and the confirmation from the compliance review and confirmation from the Shanghai Stock Exchange.
お知らせ • Apr 14Sumec Corporation Limited, Annual General Meeting, May 13, 2025Sumec Corporation Limited, Annual General Meeting, May 13, 2025, at 15:00 China Standard Time. Location: The Company's Meeting Room, Nanjing, Jiangsu China
Reported Earnings • Apr 12Full year 2024 earnings: EPS and revenues exceed analyst expectationsFull year 2024 results: EPS: CN¥0.88 (up from CN¥0.79 in FY 2023). Revenue: CN¥117.2b (down 4.7% from FY 2023). Net income: CN¥1.15b (up 12% from FY 2023). Profit margin: 1.0% (up from 0.8% in FY 2023). The increase in margin was driven by lower expenses. Revenue exceeded analyst estimates by 4.1%. Earnings per share (EPS) also surpassed analyst estimates by 4.8%. Revenue is forecast to grow 2.9% p.a. on average during the next 2 years, compared to a 7.3% growth forecast for the Trade Distributors industry in China. Over the last 3 years on average, earnings per share has increased by 13% per year whereas the company’s share price has increased by 14% per year.
Valuation Update With 7 Day Price Move • Apr 08Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to CN¥8.38, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 14x in the Trade Distributors industry in China. Total returns to shareholders of 58% over the past three years.
お知らせ • Mar 28Sumec Corporation Limited to Report Q1, 2025 Results on Apr 23, 2025Sumec Corporation Limited announced that they will report Q1, 2025 results on Apr 23, 2025
New Risk • Mar 17New 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 8.2% 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 Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (8.2% average weekly change).
Valuation Update With 7 Day Price Move • Feb 24Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CN¥10.50, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 15x in the Trade Distributors industry in China. Total returns to shareholders of 96% over the past three years.
分析記事 • Feb 10These 4 Measures Indicate That Sumec (SHSE:600710) Is Using Debt Reasonably WellWarren Buffett famously said, 'Volatility is far from synonymous with risk.' When we think about how risky a company...
Reported Earnings • Jan 18Full year 2024 earnings released: EPS: CN¥0.87 (vs CN¥0.79 in FY 2023)Full year 2024 results: EPS: CN¥0.87 (up from CN¥0.79 in FY 2023). Revenue: CN¥117.3b (down 4.6% from FY 2023). Net income: CN¥1.13b (up 9.9% from FY 2023). Profit margin: 1.0% (up from 0.8% in FY 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 2.9% p.a. on average during the next 2 years, compared to a 8.2% growth forecast for the Trade Distributors industry in China. Over the last 3 years on average, earnings per share has increased by 13% per year and the company’s share price has also increased by 13% per year.
分析記事 • Jan 03Sumec (SHSE:600710) Is Reinvesting To Multiply In ValueThere are a few key trends to look for if we want to identify the next multi-bagger. In a perfect world, we'd like to...
お知らせ • Dec 27Sumec Corporation Limited to Report Fiscal Year 2024 Results on Apr 12, 2025Sumec Corporation Limited announced that they will report fiscal year 2024 results on Apr 12, 2025
Reported Earnings • Oct 25Third quarter 2024 earnings released: EPS: CN¥0.33 (vs CN¥0.30 in 3Q 2023)Third quarter 2024 results: EPS: CN¥0.33 (up from CN¥0.30 in 3Q 2023). Revenue: CN¥31.0b (down 1.7% from 3Q 2023). Net income: CN¥430.7m (up 13% from 3Q 2023). Profit margin: 1.4% (up from 1.2% in 3Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 4.6% p.a. on average during the next 3 years, compared to a 8.2% growth forecast for the Trade Distributors industry in China. Over the last 3 years on average, earnings per share has increased by 15% per year whereas the company’s share price has increased by 14% per year.
お知らせ • Sep 30Sumec Corporation Limited to Report Q3, 2024 Results on Oct 25, 2024Sumec Corporation Limited announced that they will report Q3, 2024 results on Oct 25, 2024
お知らせ • Sep 10Sumec Corporation Limited (SHSE:600710) agreed to acquire 4.80% stake in Lanpec Technologies Limited (SHSE:601798) from China Perfect Machinery Industry Corp., Ltd. on September 10, 2024. A cash consideration of CNY 86.53 million.Sumec Corporation Limited (SHSE:600710) agreed to acquire 4.80% stake in Lanpec Technologies Limited (SHSE:601798) from China Perfect Machinery Industry Corp., Ltd. on September 10, 2024. The transaction will be financed through the own funds of Sumec. As of June 30, 2024, Lanpec Technologies Limited reported total assets of CNY 2.35 billion and total common equity of CNY 1.32 billion. The transaction is subject to approval of merger agreement by target board.
Reported Earnings • Aug 17Second quarter 2024 earnings released: EPS: CN¥0.24 (vs CN¥0.20 in 2Q 2023)Second quarter 2024 results: EPS: CN¥0.24 (up from CN¥0.20 in 2Q 2023). Revenue: CN¥32.2b (down 3.9% from 2Q 2023). Net income: CN¥304.5m (up 17% from 2Q 2023). Profit margin: 0.9% (in line with 2Q 2023). Revenue is forecast to grow 9.4% p.a. on average during the next 3 years, compared to a 8.6% growth forecast for the Trade Distributors industry in China. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Jul 10Second quarter 2024 earnings released: EPS: CN¥0.24 (vs CN¥0.20 in 2Q 2023)Second quarter 2024 results: EPS: CN¥0.24 (up from CN¥0.20 in 2Q 2023). Revenue: CN¥32.2b (down 3.9% from 2Q 2023). Net income: CN¥304.5m (up 17% from 2Q 2023). Profit margin: 0.9% (in line with 2Q 2023). Revenue is forecast to grow 30% p.a. on average during the next 2 years, compared to a 12% growth forecast for the Trade Distributors industry in China. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.
お知らせ • Jun 28Sumec Corporation Limited to Report First Half, 2024 Results on Aug 17, 2024Sumec Corporation Limited announced that they will report first half, 2024 results on Aug 17, 2024
Reported Earnings • Apr 27First quarter 2024 earnings released: EPS: CN¥0.20 (vs CN¥0.19 in 1Q 2023)First quarter 2024 results: EPS: CN¥0.20 (up from CN¥0.19 in 1Q 2023). Revenue: CN¥23.7b (down 23% from 1Q 2023). Net income: CN¥265.9m (up 5.2% from 1Q 2023). Profit margin: 1.1% (up from 0.8% in 1Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 27% p.a. on average during the next 2 years, compared to a 13% growth forecast for the Trade Distributors industry in China. Over the last 3 years on average, earnings per share has increased by 16% per year whereas the company’s share price has increased by 13% per year.
分析記事 • Apr 25We Like The Quality Of Sumec's (SHSE:600710) EarningsSumec Corporation Limited's ( SHSE:600710 ) recent earnings report didn't offer any surprises, with the shares...
Reported Earnings • Apr 16Full year 2023 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2023 results: EPS: CN¥0.79 (up from CN¥0.70 in FY 2022). Revenue: CN¥123.0b (down 13% from FY 2022). Net income: CN¥1.03b (up 13% from FY 2022). Profit margin: 0.8% (up from 0.6% in FY 2022). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 8.9%. Earnings per share (EPS) exceeded analyst estimates by 1.3%. Revenue is forecast to grow 21% p.a. on average during the next 2 years, compared to a 13% growth forecast for the Trade Distributors industry in China. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.
お知らせ • Apr 13Sumec Corporation Limited, Annual General Meeting, May 09, 2024Sumec Corporation Limited, Annual General Meeting, May 09, 2024, at 15:00 China Standard Time.
分析記事 • Apr 02Benign Growth For Sumec Corporation Limited (SHSE:600710) Underpins Its Share PriceWhen close to half the companies in China have price-to-earnings ratios (or "P/E's") above 32x, you may consider Sumec...
お知らせ • Mar 29Sumec Corporation Limited to Report Q1, 2024 Results on Apr 26, 2024Sumec Corporation Limited announced that they will report Q1, 2024 results on Apr 26, 2024
分析記事 • Mar 04We Think Sumec (SHSE:600710) Can Stay On Top Of Its DebtDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Reported Earnings • Jan 30Full year 2023 earnings released: EPS: CN¥0.79 (vs CN¥0.70 in FY 2022)Full year 2023 results: EPS: CN¥0.79 (up from CN¥0.70 in FY 2022). Revenue: CN¥123.0b (down 13% from FY 2022). Net income: CN¥1.03b (up 12% from FY 2022). Profit margin: 0.8% (up from 0.6% in FY 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 21% p.a. on average during the next 2 years, compared to a 13% growth forecast for the Trade Distributors industry in China. Over the last 3 years on average, earnings per share has increased by 19% per year whereas the company’s share price has increased by 17% per year.
Valuation Update With 7 Day Price Move • Jan 29Investor sentiment improves as stock rises 17%After last week's 17% share price gain to CN¥7.64, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 9x in the Trade Distributors industry in China. Total returns to shareholders of 79% over the past three years.
お知らせ • Dec 29Sumec Corporation Limited to Report Fiscal Year 2023 Results on Apr 13, 2024Sumec Corporation Limited announced that they will report fiscal year 2023 results on Apr 13, 2024
Reported Earnings • Oct 26Third quarter 2023 earnings released: EPS: CN¥0.30 (vs CN¥0.25 in 3Q 2022)Third quarter 2023 results: EPS: CN¥0.30 (up from CN¥0.25 in 3Q 2022). Revenue: CN¥31.6b (down 18% from 3Q 2022). Net income: CN¥383.0m (up 15% from 3Q 2022). Profit margin: 1.2% (up from 0.9% in 3Q 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Trade Distributors industry in China. 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 11% per year, which means it is significantly lagging earnings growth.
お知らせ • Sep 30Sumec Corporation Limited to Report Q3, 2023 Results on Oct 26, 2023Sumec Corporation Limited announced that they will report Q3, 2023 results on Oct 26, 2023
Reported Earnings • Aug 18Second quarter 2023 earnings released: EPS: CN¥0.20 (vs CN¥0.19 in 2Q 2022)Second quarter 2023 results: EPS: CN¥0.20 (up from CN¥0.19 in 2Q 2022). Revenue: CN¥33.5b (down 27% from 2Q 2022). Net income: CN¥259.5m (up 9.0% from 2Q 2022). Profit margin: 0.8% (up from 0.5% in 2Q 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Trade Distributors industry in China. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Jul 16Second quarter 2023 earnings released: EPS: CN¥0.20 (vs CN¥0.19 in 2Q 2022)Second quarter 2023 results: EPS: CN¥0.20 (up from CN¥0.19 in 2Q 2022). Revenue: CN¥33.5b (down 27% from 2Q 2022). Net income: CN¥259.9m (up 9.1% from 2Q 2022). Profit margin: 0.8% (up from 0.5% in 2Q 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Trade Distributors industry in China. Over the last 3 years on average, earnings per share has increased by 22% per year whereas the company’s share price has increased by 20% per year.
お知らせ • Jun 28Sumec Corporation Limited to Report First Half, 2023 Results on Aug 18, 2023Sumec Corporation Limited announced that they will report first half, 2023 results on Aug 18, 2023
Valuation Update With 7 Day Price Move • May 09Investor sentiment improves as stock rises 17%After last week's 17% share price gain to CN¥8.13, the stock trades at a trailing P/E ratio of 11.1x. Average trailing P/E is 24x in the Trade Distributors industry in China. Total returns to shareholders of 91% over the past three years.
Reported Earnings • Apr 12Full year 2022 earnings released: EPS: CN¥0.69 (vs CN¥0.59 in FY 2021)Full year 2022 results: EPS: CN¥0.69 (up from CN¥0.59 in FY 2021). Revenue: CN¥151.0b (down 11% from FY 2021). Net income: CN¥901.0m (up 18% from FY 2021). Profit margin: 0.6% (up from 0.5% in FY 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Jan 14Full year 2022 earnings released: EPS: CN¥0.69 (vs CN¥0.59 in FY 2021)Full year 2022 results: EPS: CN¥0.69 (up from CN¥0.59 in FY 2021). Revenue: CN¥151.0b (down 11% from FY 2021). Net income: CN¥901.0m (up 18% from FY 2021). Profit margin: 0.6% (up from 0.5% in FY 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.
Board Change • Nov 16Less than half of directors are independentThere are 5 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 3 independent directors. 7 non-independent directors. Independent Director Mao Ning was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.
Reported Earnings • Oct 27Third quarter 2022 earnings released: EPS: CN¥0.25 (vs CN¥0.21 in 3Q 2021)Third quarter 2022 results: EPS: CN¥0.25 (up from CN¥0.21 in 3Q 2021). Revenue: CN¥38.4b (down 15% from 3Q 2021). Net income: CN¥333.6m (up 19% from 3Q 2021). Profit margin: 0.9% (up from 0.6% in 3Q 2021). The increase in margin was driven by lower 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 5% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Jul 22Second quarter 2022 earnings released: EPS: CN¥0.19 (vs CN¥0.13 in 2Q 2021)Second quarter 2022 results: EPS: CN¥0.19 (up from CN¥0.13 in 2Q 2021). Revenue: CN¥45.9b (flat on 2Q 2021). Net income: CN¥238.1m (up 40% from 2Q 2021). Profit margin: 0.5% (up from 0.4% in 2Q 2021). Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Apr 27First quarter 2022 earnings released: EPS: CN¥0.16 (vs CN¥0.16 in 1Q 2021)First quarter 2022 results: EPS: CN¥0.16 (vs CN¥0.16 in 1Q 2021). Revenue: CN¥30.7b (down 7.0% from 1Q 2021). Net income: CN¥215.0m (up 5.6% from 1Q 2021). Profit margin: 0.7% (up from 0.6% in 1Q 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings.
Reported Earnings • Mar 12Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: CN¥0.59 (up from CN¥0.42 in FY 2020). Revenue: CN¥168.7b (up 71% from FY 2020). Net income: CN¥766.5m (up 40% from FY 2020). Profit margin: 0.5% (down from 0.6% in FY 2020). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Oct 26Third quarter 2021 earnings released: EPS CN¥0.21 (vs CN¥0.21 in 3Q 2020)The company reported a solid third quarter result with improved earnings and revenues, although profit margins were weaker. Third quarter 2021 results: Revenue: CN¥45.0b (up 68% from 3Q 2020). Net income: CN¥280.5m (up 1.6% from 3Q 2020). Profit margin: 0.6% (down from 1.0% 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 15% per year whereas the company’s share price has increased by 19% per year.
Valuation Update With 7 Day Price Move • Sep 29Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to CN¥6.46, the stock trades at a trailing P/E ratio of 12.6x. Average trailing P/E is 23x in the Trade Distributors industry in China. Total returns to shareholders of 69% over the past three years.
Reported Earnings • Aug 09Second quarter 2021 earnings released: EPS CN¥0.13 (vs CN¥0.13 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¥46.2b (up 68% from 2Q 2020). Net income: CN¥169.7m (down 3.0% from 2Q 2020). Profit margin: 0.4% (down from 0.6% 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 15% per year whereas the company’s share price has increased by 18% per year.
Reported Earnings • Apr 17Full year 2020 earnings released: EPS CN¥0.42 (vs CN¥0.34 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: CN¥98.6b (up 17% from FY 2019). Net income: CN¥546.2m (up 24% from FY 2019). Profit margin: 0.6% (up from 0.5% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.
Is New 90 Day High Low • Mar 05New 90-day high: CN¥6.12The company is up 8.0% from its price of CN¥5.69 on 04 December 2020. The Chinese market is up 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Trade Distributors industry, which is down 4.0% over the same period.
Valuation Update With 7 Day Price Move • Mar 05Investor sentiment improved over the past weekAfter last week's 23% share price gain to CN¥6.12, the stock is trading at a trailing P/E ratio of 14.9x, up from the previous P/E ratio of 12.1x. This compares to an average P/E of 26x in the Trade Distributors industry in China. Total return to shareholders over the past three years is a loss of 2.2%.
Is New 90 Day High Low • Jan 25New 90-day low: CN¥4.90The company is down 3.0% from its price of CN¥5.07 on 27 October 2020. The Chinese market is up 12% over the last 90 days, indicating the company underperformed over that time. However, its price trend is similar to the Trade Distributors industry, which is also down 3.0% over the same period.
Is New 90 Day High Low • Nov 09New 90-day high: CN¥5.48The company is up 4.0% from its price of CN¥5.29 on 11 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 Trade Distributors industry, which is down 10.0% over the same period.
Reported Earnings • Oct 26Third quarter earnings releasedOver the last 12 months the company has reported total profits of CN¥529.3m, down 2.3% from the prior year. Total revenue was CN¥90.1b over the last 12 months, up 2.9% from the prior year.
お知らせ • Oct 19Sumec Corporation Limited to Report Q3, 2020 Results on Oct 24, 2020Sumec Corporation Limited announced that they will report Q3, 2020 results on Oct 24, 2020
Is New 90 Day High Low • Oct 04New 90-day low: CN¥4.73The company is down 6.0% from its price of CN¥5.01 on 06 July 2020. The Chinese market is up 4.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Trade Distributors industry, which is down 5.0% over the same period.