View ValuationCanny Elevator 将来の成長Future 基準チェック /16Canny Elevator利益と収益がそれぞれ年間7.4%と1.9%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8.5% 7.4%なると予測されています。主要情報7.4%収益成長率7.44%EPS成長率Machinery 収益成長32.6%収益成長率1.9%将来の株主資本利益率8.46%アナリストカバレッジLow最終更新日25 May 2026今後の成長に関する最新情報Major Estimate Revision • May 26Consensus revenue estimates increase by 12%, EPS downgradedThe consensus outlook for fiscal year 2026 has been updated. 2026 revenue forecast increased from CN¥3.80b to CN¥4.26b. EPS estimate fell from CN¥0.378 to CN¥0.364. Net income forecast to grow 0.6% next year vs 46% growth forecast for Machinery industry in China. Consensus price target down from CN¥6.19 to CN¥5.82. Share price fell 6.6% to CN¥5.77 over the past week.Major Estimate Revision • May 01Consensus EPS estimates fall by 19%The consensus outlook for earnings per share (EPS) in fiscal year 2026 has deteriorated. 2026 revenue forecast decreased from CN¥4.05b to CN¥3.80b. EPS estimate also fell from CN¥0.47 per share to CN¥0.378 per share. Net income forecast to grow 9.2% next year vs 42% growth forecast for Machinery industry in China. Consensus price target down from CN¥6.49 to CN¥6.19. Share price fell 2.5% to CN¥6.16 over the past week.Major Estimate Revision • Oct 16Consensus revenue estimates fall by 12%The consensus outlook for revenues in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from CN¥4.52b to CN¥3.98b. EPS estimate fell from CN¥0.392 to CN¥0.377 per share. Net income forecast to grow 6.4% next year vs 41% growth forecast for Machinery industry in China. Consensus price target of CN¥5.75 unchanged from last update. Share price was steady at CN¥6.21 over the past week.Price Target Changed • Jun 28Price target decreased by 9.9% to CN¥7.25Down from CN¥8.05, the current price target is an average from 2 analysts. New target price is 26% above last closing price of CN¥5.74. Stock is down 37% over the past year. The company is forecast to post earnings per share of CN¥0.46 for next year compared to CN¥0.46 last year.Major Estimate Revision • Jun 28Consensus EPS estimates increase by 16%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has improved. 2024 revenue forecast increased from CN¥4.52b to CN¥4.61b. EPS estimate increased from CN¥0.392 to CN¥0.456 per share. Net income forecast to grow 10% next year vs 38% growth forecast for Machinery industry in China. Consensus price target down from CN¥8.05 to CN¥7.25. Share price was steady at CN¥5.74 over the past week.Major Estimate Revision • May 15Consensus revenue estimates fall by 12%The consensus outlook for revenues in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from CN¥5.11b to CN¥4.52b. EPS estimate fell from CN¥0.492 to CN¥0.392 per share. Net income forecast to grow 0.4% next year vs 45% growth forecast for Machinery industry in China. Consensus price target of CN¥8.05 unchanged from last update. Share price was steady at CN¥7.29 over the past week.すべての更新を表示Recent updatesお知らせ • 2hCanny Elevator Co., Ltd. to Report First Half, 2026 Results on Aug 25, 2026Canny Elevator Co., Ltd. announced that they will report first half, 2026 results on Aug 25, 2026Valuation Update With 7 Day Price Move • Jun 24Investor sentiment improves as stock rises 25%After last week's 25% share price gain to CN¥6.56, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 27x in the Machinery industry in China. Total loss to shareholders of 15% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥5.96 per share.Major Estimate Revision • May 26Consensus revenue estimates increase by 12%, EPS downgradedThe consensus outlook for fiscal year 2026 has been updated. 2026 revenue forecast increased from CN¥3.80b to CN¥4.26b. EPS estimate fell from CN¥0.378 to CN¥0.364. Net income forecast to grow 0.6% next year vs 46% growth forecast for Machinery industry in China. Consensus price target down from CN¥6.19 to CN¥5.82. Share price fell 6.6% to CN¥5.77 over the past week.Declared Dividend • May 20Dividend reduced to CN¥0.15Dividend of CN¥0.15 is 50% lower than last year. Ex-date: 25th May 2026 Payment date: 25th May 2026 Dividend yield will be 2.4%, which is higher than the industry average of 2.0%. Sustainability & Growth Dividend is well covered by both earnings (40% earnings payout ratio) and cash flows (32% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 43% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Board Change • May 12Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. 6 experienced directors. 2 highly experienced directors. 4 independent directors (6 non-independent directors). Independent Director Xiang Ning Liu was the last independent director to join the board, commencing their role in 2024. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Major Estimate Revision • May 01Consensus EPS estimates fall by 19%The consensus outlook for earnings per share (EPS) in fiscal year 2026 has deteriorated. 2026 revenue forecast decreased from CN¥4.05b to CN¥3.80b. EPS estimate also fell from CN¥0.47 per share to CN¥0.378 per share. Net income forecast to grow 9.2% next year vs 42% growth forecast for Machinery industry in China. Consensus price target down from CN¥6.49 to CN¥6.19. Share price fell 2.5% to CN¥6.16 over the past week.Reported Earnings • Apr 25First quarter 2026 earnings: Revenues exceed analysts expectations while EPS lags behindFirst quarter 2026 results: EPS: CN¥0.046 (down from CN¥0.087 in 1Q 2025). Revenue: CN¥793.6m (up 8.9% from 1Q 2025). Net income: CN¥36.8m (down 47% from 1Q 2025). Profit margin: 4.6% (down from 9.5% in 1Q 2025). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 16%. Earnings per share (EPS) missed analyst estimates by 44%. Revenue is expected to decline by 3.2% p.a. on average during the next 2 years, while revenues in the Machinery industry in China are expected to grow by 19%. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has fallen by 9% per year, which means it is performing significantly worse than earnings.お知らせ • Mar 31Canny Elevator Co., Ltd. to Report Q1, 2026 Results on Apr 25, 2026Canny Elevator Co., Ltd. announced that they will report Q1, 2026 results on Apr 25, 2026Reported Earnings • Mar 27Full year 2025 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2025 results: EPS: CN¥0.41 (down from CN¥0.45 in FY 2024). Revenue: CN¥4.45b (up 8.9% from FY 2024). Net income: CN¥330.2m (down 7.6% from FY 2024). Profit margin: 7.4% (down from 8.7% in FY 2024). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 4.4%. Earnings per share (EPS) missed analyst estimates by 6.3%. Revenue is expected to decline by 2.5% p.a. on average during the next 2 years, while revenues in the Machinery industry in China are expected to grow by 17%. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.お知らせ • Mar 26Canny Elevator Co., Ltd., Annual General Meeting, Apr 17, 2026Canny Elevator Co., Ltd., Annual General Meeting, Apr 17, 2026, at 14:30 China Standard Time. Location: No. 888, Kangli Avenue, Fenhu Hi-tech Industrial Development Zone, Suzhou, Jiangsu ChinaBuy Or Sell Opportunity • Mar 04Now 20% undervaluedOver the last 90 days, the stock has risen 6.1% to CN¥7.80. The fair value is estimated to be CN¥9.78, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 9.5% over the last 3 years. Earnings per share has grown by 4.9%. Revenue is forecast to decline by 9.3% in 2 years. Earnings are forecast to decline by 4.3% in the next 2 years.お知らせ • Dec 31Canny Elevator Co., Ltd. to Report Fiscal Year 2025 Results on Mar 27, 2026Canny Elevator Co., Ltd. announced that they will report fiscal year 2025 results on Mar 27, 2026New Risk • Nov 16New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 0.5% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 0.5% per year for the foreseeable future. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.Reported Earnings • Oct 28Third quarter 2025 earnings: EPS and revenues exceed analyst expectationsThird quarter 2025 results: EPS: CN¥0.18 (up from CN¥0.13 in 3Q 2024). Revenue: CN¥1.21b (up 19% from 3Q 2024). Net income: CN¥141.1m (up 33% from 3Q 2024). Profit margin: 12% (up from 10% in 3Q 2024). Revenue exceeded analyst estimates by 20%. Earnings per share (EPS) also surpassed analyst estimates by 54%. Revenue is expected to decline by 3.4% p.a. on average during the next 3 years, while revenues in the Machinery industry in China are expected to grow by 16%. Over the last 3 years on average, earnings per share has increased by 5% per year whereas the company’s share price has increased by 2% per year.お知らせ • Sep 30Canny Elevator Co., Ltd. to Report Q3, 2025 Results on Oct 28, 2025Canny Elevator Co., Ltd. announced that they will report Q3, 2025 results on Oct 28, 2025Reported Earnings • Aug 31Second quarter 2025 earnings released: EPS: CN¥0.14 (vs CN¥0.15 in 2Q 2024)Second quarter 2025 results: EPS: CN¥0.14 (down from CN¥0.15 in 2Q 2024). Revenue: CN¥1.13b (up 3.4% from 2Q 2024). Net income: CN¥110.7m (down 9.3% from 2Q 2024). Profit margin: 9.8% (down from 11% in 2Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to stay flat during the next 3 years compared to a 15% growth forecast for the Machinery industry in China. Over the last 3 years on average, earnings per share has increased by 4% per year whereas the company’s share price has fallen by 1% per year.お知らせ • Jul 02Canny Elevator Co., Ltd. to Report First Half, 2025 Results on Aug 26, 2025Canny Elevator Co., Ltd. announced that they will report first half, 2025 results on Aug 26, 2025New Risk • Jun 20New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 0.5% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 0.5% per year for the foreseeable future. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.Declared Dividend • May 19Dividend reduced to CN¥0.30Dividend of CN¥0.30 is 14% lower than last year. Ex-date: 23rd May 2025 Payment date: 23rd May 2025 Dividend yield will be 4.2%, which is higher than the industry average of 2.0%. Sustainability & Growth Dividend is covered by both earnings (64% earnings payout ratio) and cash flows (32% cash payout ratio). The dividend has increased by an average of 1.8% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to remain steady over the next year, which should provide adequate earnings cover for the dividend.Reported Earnings • May 02First quarter 2025 earnings released: EPS: CN¥0.087 (vs CN¥0.067 in 1Q 2024)First quarter 2025 results: EPS: CN¥0.087 (up from CN¥0.067 in 1Q 2024). Revenue: CN¥728.7m (down 4.8% from 1Q 2024). Net income: CN¥69.1m (up 29% from 1Q 2024). Profit margin: 9.5% (up from 7.0% in 1Q 2024). The increase in margin was driven by lower expenses. Revenue is forecast to grow 6.2% p.a. on average during the next 2 years, compared to a 15% growth forecast for the Machinery industry in China. Over the last 3 years on average, earnings per share has increased by 1% per year and the company’s share price has also increased by 1% per year.お知らせ • Apr 22Canny Elevator Co., Ltd. Approves Final Cash Dividend for the Year 2024Canny Elevator Co., Ltd. at its AGM held on April 18, 2025, approved a final cash dividend of CNY 3.00000000 per 10 shares (tax included) for the year 2024.お知らせ • Mar 31Canny Elevator Co., Ltd. to Report Q1, 2025 Results on Apr 30, 2025Canny Elevator Co., Ltd. announced that they will report Q1, 2025 results on Apr 30, 2025Reported Earnings • Mar 28Full year 2024 earnings: EPS in line with expectations, revenues disappointFull year 2024 results: EPS: CN¥0.45 (down from CN¥0.46 in FY 2023). Revenue: CN¥4.08b (down 19% from FY 2023). Net income: CN¥357.2m (down 2.2% from FY 2023). Profit margin: 8.7% (up from 7.3% in FY 2023). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 5.9%. Earnings per share (EPS) were mostly in line with analyst estimates. Revenue is forecast to grow 5.2% p.a. on average during the next 2 years, compared to a 16% growth forecast for the Machinery industry in China. Over the last 3 years on average, earnings per share has fallen by 3% per year whereas the company’s share price has increased by 1% per year.お知らせ • Mar 28Canny Elevator Co., Ltd., Annual General Meeting, Apr 18, 2025Canny Elevator Co., Ltd., Annual General Meeting, Apr 18, 2025, at 14:30 China Standard Time. Location: The Company's Meeting Room, Suzhou, Jiangsu ChinaBuy Or Sell Opportunity • Feb 21Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 6.0% to CN¥7.12. The fair value is estimated to be CN¥5.90, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 3.8% over the last 3 years. Earnings per share has declined by 6.6%. Revenue is forecast to grow by 2.1% in 2 years. Earnings are forecast to grow by 23% in the next 2 years.お知らせ • Dec 31Canny Elevator Co., Ltd. to Report Fiscal Year 2024 Results on Mar 28, 2025Canny Elevator Co., Ltd. announced that they will report fiscal year 2024 results on Mar 28, 2025Buy Or Sell Opportunity • Dec 09Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 39% to CN¥7.55. The fair value is estimated to be CN¥6.28, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 3.8% over the last 3 years. Earnings per share has declined by 6.6%. Revenue is forecast to grow by 2.1% in 2 years. Earnings are forecast to grow by 23% in the next 2 years.分析記事 • Dec 02Lacklustre Performance Is Driving Canny Elevator Co., Ltd.'s (SZSE:002367) Low P/ECanny Elevator Co., Ltd.'s ( SZSE:002367 ) price-to-earnings (or "P/E") ratio of 19.5x might make it look like a buy...Reported Earnings • Oct 30Third quarter 2024 earnings: EPS and revenues exceed analyst expectationsThird quarter 2024 results: EPS: CN¥0.13 (down from CN¥0.15 in 3Q 2023). Revenue: CN¥1.02b (down 17% from 3Q 2023). Net income: CN¥105.9m (down 12% from 3Q 2023). Profit margin: 10% (in line with 3Q 2023). Revenue exceeded analyst estimates by 2.6%. Earnings per share (EPS) also surpassed analyst estimates by 38%. Revenue is forecast to grow 1.5% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Machinery industry in China. Over the last 3 years on average, earnings per share has fallen by 7% per year whereas the company’s share price has fallen by 5% per year.分析記事 • Oct 16Canny Elevator Co., Ltd. (SZSE:002367) Analysts Just Trimmed Their Revenue Forecasts By 12%One thing we could say about the analysts on Canny Elevator Co., Ltd. ( SZSE:002367 ) - they aren't optimistic, having...Major Estimate Revision • Oct 16Consensus revenue estimates fall by 12%The consensus outlook for revenues in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from CN¥4.52b to CN¥3.98b. EPS estimate fell from CN¥0.392 to CN¥0.377 per share. Net income forecast to grow 6.4% next year vs 41% growth forecast for Machinery industry in China. Consensus price target of CN¥5.75 unchanged from last update. Share price was steady at CN¥6.21 over the past week.お知らせ • Sep 30Canny Elevator Co., Ltd. to Report Q3, 2024 Results on Oct 30, 2024Canny Elevator Co., Ltd. announced that they will report Q3, 2024 results on Oct 30, 2024Valuation Update With 7 Day Price Move • Sep 27Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CN¥6.24, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 15x in the Machinery industry in China. Total loss to shareholders of 9.8% over the past three years.Reported Earnings • Aug 29Second quarter 2024 earnings: EPS exceeds analyst expectations while revenues lag behindSecond quarter 2024 results: EPS: CN¥0.15 (down from CN¥0.18 in 2Q 2023). Revenue: CN¥1.09b (down 20% from 2Q 2023). Net income: CN¥122.1m (down 14% from 2Q 2023). Profit margin: 11% (in line with 2Q 2023). Revenue missed analyst estimates by 3.3%. Earnings per share (EPS) exceeded analyst estimates by 53%. Revenue is forecast to stay flat during the next 3 years compared to a 16% growth forecast for the Machinery industry in China. Over the last 3 years on average, earnings per share has fallen by 11% per year whereas the company’s share price has fallen by 16% per year.お知らせ • Jun 29Canny Elevator Co., Ltd. to Report First Half, 2024 Results on Aug 29, 2024Canny Elevator Co., Ltd. announced that they will report first half, 2024 results on Aug 29, 2024Price Target Changed • Jun 28Price target decreased by 9.9% to CN¥7.25Down from CN¥8.05, the current price target is an average from 2 analysts. New target price is 26% above last closing price of CN¥5.74. Stock is down 37% over the past year. The company is forecast to post earnings per share of CN¥0.46 for next year compared to CN¥0.46 last year.Major Estimate Revision • Jun 28Consensus EPS estimates increase by 16%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has improved. 2024 revenue forecast increased from CN¥4.52b to CN¥4.61b. EPS estimate increased from CN¥0.392 to CN¥0.456 per share. Net income forecast to grow 10% next year vs 38% growth forecast for Machinery industry in China. Consensus price target down from CN¥8.05 to CN¥7.25. Share price was steady at CN¥5.74 over the past week.Buy Or Sell Opportunity • May 21Now 22% undervaluedOver the last 90 days, the stock has risen 2.2% to CN¥6.95. The fair value is estimated to be CN¥8.88, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 14%. Revenue is forecast to decline by 7.1% in 2 years. Earnings are forecast to grow by 14% in the next 2 years.分析記事 • May 21Canny Elevator's (SZSE:002367) Upcoming Dividend Will Be Larger Than Last Year'sCanny Elevator Co., Ltd. ( SZSE:002367 ) will increase its dividend from last year's comparable payment on the 21st of...Declared Dividend • May 16Dividend increased to CN¥0.35Dividend of CN¥0.35 is 40% higher than last year. Ex-date: 21st May 2024 Payment date: 21st May 2024 Dividend yield will be 4.7%, which is higher than the industry average of 2.0%. Sustainability & Growth Dividend is covered by both earnings (84% earnings payout ratio) and cash flows (52% cash payout ratio). The dividend has increased by an average of 11% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 12% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Major Estimate Revision • May 15Consensus revenue estimates fall by 12%The consensus outlook for revenues in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from CN¥5.11b to CN¥4.52b. EPS estimate fell from CN¥0.492 to CN¥0.392 per share. Net income forecast to grow 0.4% next year vs 45% growth forecast for Machinery industry in China. Consensus price target of CN¥8.05 unchanged from last update. Share price was steady at CN¥7.29 over the past week.分析記事 • May 01We Think Canny Elevator's (SZSE:002367) Solid Earnings Are UnderstatedThe market seemed underwhelmed by last week's earnings announcement from Canny Elevator Co., Ltd. ( SZSE:002367...Reported Earnings • Apr 26First quarter 2024 earnings released: EPS: CN¥0.067 (vs CN¥0.11 in 1Q 2023)First quarter 2024 results: EPS: CN¥0.067 (down from CN¥0.11 in 1Q 2023). Revenue: CN¥765.4m (down 16% from 1Q 2023). Net income: CN¥53.8m (down 39% from 1Q 2023). Profit margin: 7.0% (down from 9.6% in 1Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to stay flat during the next 2 years compared to a 17% growth forecast for the Machinery industry in China. Over the last 3 years on average, earnings per share has fallen by 14% per year whereas the company’s share price has fallen by 11% per year.お知らせ • Mar 30Canny Elevator Co., Ltd. to Report Q1, 2024 Results on Apr 25, 2024Canny Elevator Co., Ltd. announced that they will report Q1, 2024 results on Apr 25, 2024お知らせ • Mar 28Canny Elevator Co., Ltd., Annual General Meeting, Apr 23, 2024Canny Elevator Co., Ltd., Annual General Meeting, Apr 23, 2024, at 14:30 China Standard Time. Location: The Company's Meeting Room, Fenhu High-tech Zone, Jiangsu ChinaReported Earnings • Mar 28Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2023 results: EPS: CN¥0.46 (up from CN¥0.35 in FY 2022). Revenue: CN¥5.04b (down 1.6% from FY 2022). Net income: CN¥365.1m (up 33% from FY 2022). Profit margin: 7.3% (up from 5.4% in FY 2022). The increase in margin was driven by lower expenses. Revenue exceeded analyst estimates by 5.4%. Earnings per share (EPS) missed analyst estimates by 15%. Revenue is forecast to stay flat during the next 2 years compared to a 19% growth forecast for the Machinery industry in China. Over the last 3 years on average, earnings per share has fallen by 15% per year whereas the company’s share price has fallen by 11% per year.分析記事 • Mar 08Canny Elevator Co., Ltd. (SZSE:002367) Held Back By Insufficient Growth Even After Shares Climb 26%Those holding Canny Elevator Co., Ltd. ( SZSE:002367 ) shares would be relieved that the share price has rebounded 26...Valuation Update With 7 Day Price Move • Feb 05Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to CN¥5.73, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 14x in the Machinery industry in China. Total loss to shareholders of 27% over the past three years.お知らせ • Dec 30Canny Elevator Co., Ltd. to Report Fiscal Year 2023 Results on Mar 28, 2024Canny Elevator Co., Ltd. announced that they will report fiscal year 2023 results on Mar 28, 2024Reported Earnings • Oct 27Third quarter 2023 earnings: EPS and revenues exceed analyst expectationsThird quarter 2023 results: EPS: CN¥0.15 (up from CN¥0.10 in 3Q 2022). Revenue: CN¥1.22b (down 18% from 3Q 2022). Net income: CN¥120.8m (up 53% from 3Q 2022). Profit margin: 9.9% (up from 5.3% in 3Q 2022). The increase in margin was driven by lower expenses. Revenue exceeded analyst estimates by 3.0%. Earnings per share (EPS) also surpassed analyst estimates by 37%. Revenue is forecast to grow 3.2% p.a. on average during the next 3 years, compared to a 21% growth forecast for the Machinery industry in China. Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings.Major Estimate Revision • Oct 14Consensus EPS estimates increase by 15%The consensus outlook for fiscal year 2023 has been updated. 2023 EPS estimate increased from CN¥0.439 to CN¥0.506. Revenue forecast steady at CN¥4.75b. Net income forecast to grow 9.8% next year vs 50% growth forecast for Machinery industry in China. Consensus price target of CN¥8.60 unchanged from last update. Share price fell 3.9% to CN¥8.43 over the past week.Reported Earnings • Aug 24Second quarter 2023 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2023 results: EPS: CN¥0.18 (up from CN¥0.11 in 2Q 2022). Revenue: CN¥1.37b (down 1.9% from 2Q 2022). Net income: CN¥142.2m (up 60% from 2Q 2022). Profit margin: 10% (up from 6.4% in 2Q 2022). The increase in margin was driven by lower expenses. Revenue exceeded analyst estimates by 15%. Earnings per share (EPS) also surpassed analyst estimates by 64%. Revenue is forecast to grow 4.9% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Machinery industry in China. Over the last 3 years on average, earnings per share has fallen by 12% per year whereas the company’s share price has fallen by 11% per year.お知らせ • May 13Canny Elevator Co., Ltd. Approves Board AppointmentsCanny Elevator Co., Ltd. at its Extraordinary General Meeting held on 11 May 2023, approved election of Zhu Linhao, Wu Xian and Qiang Yongchang as non-independent directors and election of Geng Chengxuan as independent director.Upcoming Dividend • May 04Upcoming dividend of CN¥0.25 per share at 2.9% yieldEligible shareholders must have bought the stock before 11 May 2023. Payment date: 11 May 2023. Payout ratio is a comfortable 61% and this is well supported by cash flows. Trailing yield: 2.9%. Within top quartile of Chinese dividend payers (1.9%). Higher than average of industry peers (1.5%).Major Estimate Revision • Apr 08Consensus EPS estimates fall by 12%The consensus outlook for fiscal year 2023 has been updated. 2023 EPS estimate fell from CN¥0.471 to CN¥0.415 per share. Revenue forecast steady at CN¥5.30b. Net income forecast to grow 21% next year vs 46% growth forecast for Machinery industry in China. Consensus price target of CN¥7.80 unchanged from last update. Share price was steady at CN¥8.30 over the past week.Reported Earnings • Mar 30Full year 2022 earnings: EPS and revenues miss analyst expectationsFull year 2022 results: EPS: CN¥0.35 (down from CN¥0.52 in FY 2021). Revenue: CN¥5.11b (down 1.1% from FY 2021). Net income: CN¥274.3m (down 32% from FY 2021). Profit margin: 5.4% (down from 7.8% in FY 2021). The decrease in margin was primarily driven by higher expenses. Revenue missed analyst estimates by 2.1%. Earnings per share (EPS) also missed analyst estimates by 17%. Revenue is forecast to grow 3.0% p.a. on average during the next 2 years, compared to a 22% growth forecast for the Machinery industry in China. Over the last 3 years on average, earnings per share has increased by 1% per year whereas the company’s share price has remained flat.Price Target Changed • Dec 19Price target decreased to CN¥7.30Down from CN¥8.05, the current price target is provided by 1 analyst. New target price is 5.7% below last closing price of CN¥7.74. Stock is up 2.1% over the past year. The company is forecast to post earnings per share of CN¥0.36 for next year compared to CN¥0.52 last year.Reported Earnings • Oct 28Third quarter 2022 earnings: EPS and revenues exceed analyst expectationsThird quarter 2022 results: EPS: CN¥0.10 (down from CN¥0.12 in 3Q 2021). Revenue: CN¥1.50b (up 9.2% from 3Q 2021). Net income: CN¥79.0m (down 18% from 3Q 2021). Profit margin: 5.3% (down from 7.0% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 19%. Earnings per share (EPS) also surpassed analyst estimates by 4.9%. Revenue is forecast to grow 1.3% p.a. on average during the next 3 years, compared to a 23% growth forecast for the Machinery industry in China. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings.Price Target Changed • Oct 16Price target decreased to CN¥8.05Down from CN¥8.85, the current price target is an average from 2 analysts. New target price is 19% above last closing price of CN¥6.77. Stock is down 15% over the past year. The company is forecast to post earnings per share of CN¥0.43 for next year compared to CN¥0.52 last year.Major Estimate Revision • Sep 01Consensus EPS estimates fall by 22%The consensus outlook for earnings per share (EPS) in 2022 has deteriorated. 2022 revenue forecast decreased from CN¥5.37b to CN¥5.05b. EPS estimate also fell from CN¥0.49 per share to CN¥0.38 per share. Net income forecast to grow 15% next year vs 52% growth forecast for Machinery industry in China. Consensus price target of CN¥8.75 unchanged from last update. Share price fell 4.7% to CN¥7.44 over the past week.Reported Earnings • Aug 26Second quarter 2022 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2022 results: EPS: CN¥0.11 (down from CN¥0.20 in 2Q 2021). Revenue: CN¥1.40b (up 3.0% from 2Q 2021). Net income: CN¥88.8m (down 45% from 2Q 2021). Profit margin: 6.4% (down from 12% in 2Q 2021). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 3.9%. Earnings per share (EPS) also surpassed analyst estimates by 11%. Over the next year, revenue is forecast to grow 3.8%, compared to a 36% growth forecast for the Machinery industry in China. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.Valuation Update With 7 Day Price Move • Aug 08Investor sentiment improved over the past weekAfter last week's 17% share price gain to CN¥9.32, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 21x in the Machinery industry in China. Total returns to shareholders of 47% over the past three years.Upcoming Dividend • May 02Upcoming dividend of CN¥0.30 per shareEligible shareholders must have bought the stock before 09 May 2022. Payment date: 09 May 2022. Payout ratio is a comfortable 62% but the company is paying out more than the cash it is generating. Trailing yield: 4.2%. Within top quartile of Chinese dividend payers (2.3%). Higher than average of industry peers (1.8%).お知らせ • Apr 28Canny Elevator Co., Ltd. Announces Cash Dividend for A Shares for the Year 2021, Payment Date Is 9 May 2022Canny Elevator Co., Ltd. announced cash dividend/10 shares (tax included) of CNY 3.00000000 for A shares for the year 2021. Record date is 6 May 2022. Ex-date is 9 May 2022. Payment date is 9 May 2022.Reported Earnings • Apr 28First quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behindFirst quarter 2022 results: EPS: CN¥0.047 (down from CN¥0.075 in 1Q 2021). Revenue: CN¥941.5m (up 7.1% from 1Q 2021). Net income: CN¥36.9m (down 37% from 1Q 2021). Profit margin: 3.9% (down from 6.7% in 1Q 2021). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 6.2%. Earnings per share (EPS) missed analyst estimates by 2.4%. Over the next year, revenue is forecast to grow 3.1%, compared to a 31% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings.Board Change • Apr 27High number of new and inexperienced directorsThere are 7 new directors who have joined the board in the last 3 years. The company's board is composed of: 7 new directors. 5 experienced directors. No highly experienced directors. Supervisor Linghua Zhu is the most experienced director on the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.お知らせ • Apr 23Canny Elevator Co., Ltd. Approves Cash Dividend for the Year 2021Canny Elevator Co., Ltd. at the AGM held on April 21, 2022, approved a cash dividend of CNY 3.00000000 per 10 shares (tax included) for the year 2021.Major Estimate Revision • Apr 14Consensus EPS estimates increase by 12%The consensus outlook for earnings per share (EPS) in 2022 has improved. 2022 revenue forecast increased from CN¥5.11b to CN¥5.37b. EPS estimate increased from CN¥0.53 to CN¥0.59 per share. Net income forecast to grow 15% next year vs 39% growth forecast for Machinery industry in China. Consensus price target up from CN¥8.85 to CN¥9.10. Share price rose 2.3% to CN¥7.46 over the past week.お知らせ • Apr 02Canny Elevator Co., Ltd., Annual General Meeting, Apr 21, 2022Canny Elevator Co., Ltd., Annual General Meeting, Apr 21, 2022, at 14:00 China Standard Time. Agenda: To consider 2021 provision for assets impairment; to consider 2021 work report of the board of directors; to consider 2021 work report of the supervisory committee; to consider 2021 annual accounts; to consider 2021 annual report and its summary; to consider launching the bill pool business; to consider purchase of wealth management products with proprietary funds by the Company and its subsidiaries; to consider 2021 profit distribution plan; to consider reappointment of 2022 audit firm; to consider amendments to the articles of association; to consider amendments to the rules of procedure governing shareholders' general meetings; to consider amendments to the Company's rules of procedure governing the board meetings; to consider amendments to the work system for independent directors; and to consider amendments to allowance plan for directors and supervisors.お知らせ • Mar 31Canny Announces Final Cash Dividend Proposal for 2021Canny announced on 30 March 2022 the final cash dividend proposal for 2021. Cash dividend/10 shares (tax included): CNY 3.00000000.Reported Earnings • Mar 31Full year 2021 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2021 results: EPS: CN¥0.52 (down from CN¥0.62 in FY 2020). Revenue: CN¥5.17b (up 21% from FY 2020). Net income: CN¥405.5m (down 16% from FY 2020). Profit margin: 7.8% (down from 11% in FY 2020). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 6.2%. Earnings per share (EPS) missed analyst estimates by 2.4%. Over the next year, revenue is expected to shrink by 1.1% compared to a 30% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has increased by 59% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings.Valuation Update With 7 Day Price Move • Mar 22Investor sentiment improved over the past weekAfter last week's 15% share price gain to CN¥7.54, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 21x in the Machinery industry in China. Total returns to shareholders of 6.9% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥5.04 per share.お知らせ • Nov 30Canny Elevator Plans to Acquire Mineral Product FirmCanny Elevator Co., Ltd. (SZSE:002367) said it plans to acquire Mineral Products Processing Firm but the plan has not been confirmed, responding to share price moves.Price Target Changed • Nov 18Price target decreased to CN¥9.25Down from CN¥13.45, the current price target is an average from 2 analysts. New target price is 20% above last closing price of CN¥7.73. Stock is down 31% over the past year. The company is forecast to post earnings per share of CN¥0.56 for next year compared to CN¥0.62 last year.Reported Earnings • Oct 31Third quarter 2021 earnings released: EPS CN¥0.12 (vs CN¥0.26 in 3Q 2020)The company reported a soft third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: CN¥1.37b (up 5.8% from 3Q 2020). Net income: CN¥96.4m (down 52% from 3Q 2020). Profit margin: 7.0% (down from 16% 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 67% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth.Reported Earnings • Aug 25Second quarter 2021 earnings released: EPS CN¥0.20 (vs CN¥0.21 in 2Q 2020)The company reported a soft second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2021 results: Revenue: CN¥1.36b (up 9.0% from 2Q 2020). Net income: CN¥159.8m (down 1.2% from 2Q 2020). Profit margin: 12% (down from 13% 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 69% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth.お知らせ • Apr 29Canny Elevator Co., Ltd. Announces 2020 Final Distribution on A Shares, Payable on 7 May 2021Canny Elevator Co., Ltd. announced 2020 final distribution plan to be implemented (A shares). The company announced Cash dividend per 10 shares (tax included) is CNY 3.00000000. The dividend is payable on May 7, 2021 with ex-date as May 7, 2021 and record date as May 6, 2021.Reported Earnings • Apr 24First quarter 2021 earnings released: EPS CN¥0.075 (vs CN¥0.007 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: CN¥879.2m (up 69% from 1Q 2020). Net income: CN¥58.5m (up CN¥52.8m from 1Q 2020). Profit margin: 6.7% (up from 1.1% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 59% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.Reported Earnings • Mar 31Full year 2020 earnings released: EPS CN¥0.62 (vs CN¥0.32 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: CN¥4.28b (up 17% from FY 2019). Net income: CN¥485.6m (up 93% from FY 2019). Profit margin: 11% (up from 6.9% 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 36% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.Major Estimate Revision • Mar 18Consensus forecasts updatedThe consensus outlook for 2021 has been updated. 2021 revenue forecast increased from CN¥4.67b to CN¥4.73b. EPS estimate fell from CN¥0.63 to CN¥0.52 per share. Net income forecast to shrink 14% next year vs 40% growth forecast for Machinery industry in China . Consensus price target down from CN¥14.75 to CN¥14.30. Share price was steady at CN¥10.38 over the past week.お知らせ • Feb 25Canny Elevator Co., Ltd. to Report Fiscal Year 2020 Results on Mar 31, 2021Canny Elevator Co., Ltd. announced that they will report fiscal year 2020 results on Mar 31, 2021Is New 90 Day High Low • Feb 03New 90-day low: CN¥9.52The company is down 13% from its price of CN¥10.90 on 05 November 2020. The Chinese market is up 6.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Machinery industry, which is up 6.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥22.55 per share.Is New 90 Day High Low • Nov 26New 90-day low: CN¥10.59The company is down 16% from its price of CN¥12.57 on 28 August 2020. The Chinese market is down 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Machinery industry, which is up 3.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥19.14 per share.Major Estimate Revision • Nov 03Analysts increase EPS estimates to CN¥0.56The 2020 consensus revenue estimate increased from CN¥4.00b to CN¥4.09b. The earnings per share estimate also received an upgrade from CN¥0.48 to CN¥0.56 for the same period. Net income is expected to grow by 16% next year compared to 40% growth forecast for the Machinery industry in China. The consensus price target increased from CN¥12.40 to CN¥14.75. Share price is down by 7.7% to CN¥10.86 over the past week.Price Target Changed • Oct 31Price target raised to CN¥14.75Up from CN¥12.40, the current price target is an average from 2 analysts. The new target price is 39% above the current share price of CN¥10.61. As of last close, the stock is up 34% over the past year.Analyst Estimate Surprise Post Earnings • Oct 28Third-quarter earnings released: Revenue and earnings beat expectationsThird-quarter revenue exceeded analyst estimates by 16% at CN¥1.30b. Earnings per share (EPS) also surpassed analyst estimates by 38% at CN¥0.26. Revenue is forecast to grow 8.9% over the next year, compared to a 50% growth forecast for the Machinery industry in China.Reported Earnings • Oct 28Third quarter earnings releasedOver the last 12 months the company has reported total profits of CN¥418.6m, up 168% from the prior year. Total revenue was CN¥4.00b over the last 12 months, up 13% from the prior year.お知らせ • Oct 20Canny Elevator Co., Ltd. to Report Q3, 2020 Results on Oct 28, 2020Canny Elevator Co., Ltd. announced that they will report Q3, 2020 results on Oct 28, 2020業績と収益の成長予測SZSE:002367 - 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12/31/20284,680357N/AN/A212/31/20274,449327N/AN/A212/31/20264,255290N/AN/A23/31/20264,513298372388N/A12/31/20254,448330504521N/A9/30/20254,275396567581N/A6/30/20254,083361741758N/A3/31/20254,046373743760N/A12/31/20244,083357496515N/A9/30/20244,407296508523N/A6/30/20244,611311320336N/A3/31/20244,889331535556N/A12/31/20235,035365815837N/A9/30/20234,785420693720N/A6/30/20235,058378693726N/A3/31/20235,085325585616N/A1/1/20235,115274322360N/A9/30/20225,399295324393N/A6/30/20225,27331395166N/A3/31/20225,232384121202N/A12/31/20215,170406154252N/A9/30/20214,826432394462N/A6/30/20214,750536600666N/A3/31/20214,639538607664N/A12/31/20204,280485750791N/A9/30/20204,001419567611N/A6/30/20203,725316521561N/A3/31/20203,441228330367N/A12/31/20193,663252N/A421N/A9/30/20193,542155N/A333N/A6/30/20193,34678N/A433N/A3/31/20193,12321N/A441N/A12/31/20183,09216N/A352N/A9/30/20183,110114N/A304N/A6/30/20183,163163N/A158N/A3/31/20183,265229N/A130N/A12/31/20173,280326N/A295N/A9/30/20173,252331N/A396N/A6/30/20173,248384N/A290N/A3/31/20173,306453N/A325N/A12/31/20163,314424N/A360N/A9/30/20163,446526N/A254N/A6/30/20163,434532N/A345N/A3/31/20163,346505N/A445N/A12/31/20153,270489N/A187N/A9/30/20153,160470N/A155N/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: 002367の予測収益成長率 (年間7.4% ) は 貯蓄率 ( 2.4% ) を上回っています。収益対市場: 002367の収益 ( 7.4% ) CN市場 ( 27.9% ) よりも低い成長が予測されています。高成長収益: 002367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: 002367の収益 ( 1.9% ) CN市場 ( 17.1% ) よりも低い成長が予測されています。高い収益成長: 002367の収益 ( 1.9% ) 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: 002367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 ( 8.5 %)。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2026/06/30 20:47終値2026/06/30 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、レポートの使い方に関する ガイド や YouTube の チュートリアル もご用意しています。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Canny Elevator Co., Ltd. 2 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。6 アナリスト機関Wei XiongEverbright Securities Co. Ltd.Dun WangHSBCCai XuHuatai Research3 その他のアナリストを表示
Major Estimate Revision • May 26Consensus revenue estimates increase by 12%, EPS downgradedThe consensus outlook for fiscal year 2026 has been updated. 2026 revenue forecast increased from CN¥3.80b to CN¥4.26b. EPS estimate fell from CN¥0.378 to CN¥0.364. Net income forecast to grow 0.6% next year vs 46% growth forecast for Machinery industry in China. Consensus price target down from CN¥6.19 to CN¥5.82. Share price fell 6.6% to CN¥5.77 over the past week.
Major Estimate Revision • May 01Consensus EPS estimates fall by 19%The consensus outlook for earnings per share (EPS) in fiscal year 2026 has deteriorated. 2026 revenue forecast decreased from CN¥4.05b to CN¥3.80b. EPS estimate also fell from CN¥0.47 per share to CN¥0.378 per share. Net income forecast to grow 9.2% next year vs 42% growth forecast for Machinery industry in China. Consensus price target down from CN¥6.49 to CN¥6.19. Share price fell 2.5% to CN¥6.16 over the past week.
Major Estimate Revision • Oct 16Consensus revenue estimates fall by 12%The consensus outlook for revenues in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from CN¥4.52b to CN¥3.98b. EPS estimate fell from CN¥0.392 to CN¥0.377 per share. Net income forecast to grow 6.4% next year vs 41% growth forecast for Machinery industry in China. Consensus price target of CN¥5.75 unchanged from last update. Share price was steady at CN¥6.21 over the past week.
Price Target Changed • Jun 28Price target decreased by 9.9% to CN¥7.25Down from CN¥8.05, the current price target is an average from 2 analysts. New target price is 26% above last closing price of CN¥5.74. Stock is down 37% over the past year. The company is forecast to post earnings per share of CN¥0.46 for next year compared to CN¥0.46 last year.
Major Estimate Revision • Jun 28Consensus EPS estimates increase by 16%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has improved. 2024 revenue forecast increased from CN¥4.52b to CN¥4.61b. EPS estimate increased from CN¥0.392 to CN¥0.456 per share. Net income forecast to grow 10% next year vs 38% growth forecast for Machinery industry in China. Consensus price target down from CN¥8.05 to CN¥7.25. Share price was steady at CN¥5.74 over the past week.
Major Estimate Revision • May 15Consensus revenue estimates fall by 12%The consensus outlook for revenues in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from CN¥5.11b to CN¥4.52b. EPS estimate fell from CN¥0.492 to CN¥0.392 per share. Net income forecast to grow 0.4% next year vs 45% growth forecast for Machinery industry in China. Consensus price target of CN¥8.05 unchanged from last update. Share price was steady at CN¥7.29 over the past week.
お知らせ • 2hCanny Elevator Co., Ltd. to Report First Half, 2026 Results on Aug 25, 2026Canny Elevator Co., Ltd. announced that they will report first half, 2026 results on Aug 25, 2026
Valuation Update With 7 Day Price Move • Jun 24Investor sentiment improves as stock rises 25%After last week's 25% share price gain to CN¥6.56, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 27x in the Machinery industry in China. Total loss to shareholders of 15% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥5.96 per share.
Major Estimate Revision • May 26Consensus revenue estimates increase by 12%, EPS downgradedThe consensus outlook for fiscal year 2026 has been updated. 2026 revenue forecast increased from CN¥3.80b to CN¥4.26b. EPS estimate fell from CN¥0.378 to CN¥0.364. Net income forecast to grow 0.6% next year vs 46% growth forecast for Machinery industry in China. Consensus price target down from CN¥6.19 to CN¥5.82. Share price fell 6.6% to CN¥5.77 over the past week.
Declared Dividend • May 20Dividend reduced to CN¥0.15Dividend of CN¥0.15 is 50% lower than last year. Ex-date: 25th May 2026 Payment date: 25th May 2026 Dividend yield will be 2.4%, which is higher than the industry average of 2.0%. Sustainability & Growth Dividend is well covered by both earnings (40% earnings payout ratio) and cash flows (32% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 43% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Board Change • May 12Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. 6 experienced directors. 2 highly experienced directors. 4 independent directors (6 non-independent directors). Independent Director Xiang Ning Liu was the last independent director to join the board, commencing their role in 2024. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Major Estimate Revision • May 01Consensus EPS estimates fall by 19%The consensus outlook for earnings per share (EPS) in fiscal year 2026 has deteriorated. 2026 revenue forecast decreased from CN¥4.05b to CN¥3.80b. EPS estimate also fell from CN¥0.47 per share to CN¥0.378 per share. Net income forecast to grow 9.2% next year vs 42% growth forecast for Machinery industry in China. Consensus price target down from CN¥6.49 to CN¥6.19. Share price fell 2.5% to CN¥6.16 over the past week.
Reported Earnings • Apr 25First quarter 2026 earnings: Revenues exceed analysts expectations while EPS lags behindFirst quarter 2026 results: EPS: CN¥0.046 (down from CN¥0.087 in 1Q 2025). Revenue: CN¥793.6m (up 8.9% from 1Q 2025). Net income: CN¥36.8m (down 47% from 1Q 2025). Profit margin: 4.6% (down from 9.5% in 1Q 2025). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 16%. Earnings per share (EPS) missed analyst estimates by 44%. Revenue is expected to decline by 3.2% p.a. on average during the next 2 years, while revenues in the Machinery industry in China are expected to grow by 19%. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has fallen by 9% per year, which means it is performing significantly worse than earnings.
お知らせ • Mar 31Canny Elevator Co., Ltd. to Report Q1, 2026 Results on Apr 25, 2026Canny Elevator Co., Ltd. announced that they will report Q1, 2026 results on Apr 25, 2026
Reported Earnings • Mar 27Full year 2025 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2025 results: EPS: CN¥0.41 (down from CN¥0.45 in FY 2024). Revenue: CN¥4.45b (up 8.9% from FY 2024). Net income: CN¥330.2m (down 7.6% from FY 2024). Profit margin: 7.4% (down from 8.7% in FY 2024). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 4.4%. Earnings per share (EPS) missed analyst estimates by 6.3%. Revenue is expected to decline by 2.5% p.a. on average during the next 2 years, while revenues in the Machinery industry in China are expected to grow by 17%. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.
お知らせ • Mar 26Canny Elevator Co., Ltd., Annual General Meeting, Apr 17, 2026Canny Elevator Co., Ltd., Annual General Meeting, Apr 17, 2026, at 14:30 China Standard Time. Location: No. 888, Kangli Avenue, Fenhu Hi-tech Industrial Development Zone, Suzhou, Jiangsu China
Buy Or Sell Opportunity • Mar 04Now 20% undervaluedOver the last 90 days, the stock has risen 6.1% to CN¥7.80. The fair value is estimated to be CN¥9.78, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 9.5% over the last 3 years. Earnings per share has grown by 4.9%. Revenue is forecast to decline by 9.3% in 2 years. Earnings are forecast to decline by 4.3% in the next 2 years.
お知らせ • Dec 31Canny Elevator Co., Ltd. to Report Fiscal Year 2025 Results on Mar 27, 2026Canny Elevator Co., Ltd. announced that they will report fiscal year 2025 results on Mar 27, 2026
New Risk • Nov 16New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 0.5% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 0.5% per year for the foreseeable future. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.
Reported Earnings • Oct 28Third quarter 2025 earnings: EPS and revenues exceed analyst expectationsThird quarter 2025 results: EPS: CN¥0.18 (up from CN¥0.13 in 3Q 2024). Revenue: CN¥1.21b (up 19% from 3Q 2024). Net income: CN¥141.1m (up 33% from 3Q 2024). Profit margin: 12% (up from 10% in 3Q 2024). Revenue exceeded analyst estimates by 20%. Earnings per share (EPS) also surpassed analyst estimates by 54%. Revenue is expected to decline by 3.4% p.a. on average during the next 3 years, while revenues in the Machinery industry in China are expected to grow by 16%. Over the last 3 years on average, earnings per share has increased by 5% per year whereas the company’s share price has increased by 2% per year.
お知らせ • Sep 30Canny Elevator Co., Ltd. to Report Q3, 2025 Results on Oct 28, 2025Canny Elevator Co., Ltd. announced that they will report Q3, 2025 results on Oct 28, 2025
Reported Earnings • Aug 31Second quarter 2025 earnings released: EPS: CN¥0.14 (vs CN¥0.15 in 2Q 2024)Second quarter 2025 results: EPS: CN¥0.14 (down from CN¥0.15 in 2Q 2024). Revenue: CN¥1.13b (up 3.4% from 2Q 2024). Net income: CN¥110.7m (down 9.3% from 2Q 2024). Profit margin: 9.8% (down from 11% in 2Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to stay flat during the next 3 years compared to a 15% growth forecast for the Machinery industry in China. Over the last 3 years on average, earnings per share has increased by 4% per year whereas the company’s share price has fallen by 1% per year.
お知らせ • Jul 02Canny Elevator Co., Ltd. to Report First Half, 2025 Results on Aug 26, 2025Canny Elevator Co., Ltd. announced that they will report first half, 2025 results on Aug 26, 2025
New Risk • Jun 20New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 0.5% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 0.5% per year for the foreseeable future. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.
Declared Dividend • May 19Dividend reduced to CN¥0.30Dividend of CN¥0.30 is 14% lower than last year. Ex-date: 23rd May 2025 Payment date: 23rd May 2025 Dividend yield will be 4.2%, which is higher than the industry average of 2.0%. Sustainability & Growth Dividend is covered by both earnings (64% earnings payout ratio) and cash flows (32% cash payout ratio). The dividend has increased by an average of 1.8% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to remain steady over the next year, which should provide adequate earnings cover for the dividend.
Reported Earnings • May 02First quarter 2025 earnings released: EPS: CN¥0.087 (vs CN¥0.067 in 1Q 2024)First quarter 2025 results: EPS: CN¥0.087 (up from CN¥0.067 in 1Q 2024). Revenue: CN¥728.7m (down 4.8% from 1Q 2024). Net income: CN¥69.1m (up 29% from 1Q 2024). Profit margin: 9.5% (up from 7.0% in 1Q 2024). The increase in margin was driven by lower expenses. Revenue is forecast to grow 6.2% p.a. on average during the next 2 years, compared to a 15% growth forecast for the Machinery industry in China. Over the last 3 years on average, earnings per share has increased by 1% per year and the company’s share price has also increased by 1% per year.
お知らせ • Apr 22Canny Elevator Co., Ltd. Approves Final Cash Dividend for the Year 2024Canny Elevator Co., Ltd. at its AGM held on April 18, 2025, approved a final cash dividend of CNY 3.00000000 per 10 shares (tax included) for the year 2024.
お知らせ • Mar 31Canny Elevator Co., Ltd. to Report Q1, 2025 Results on Apr 30, 2025Canny Elevator Co., Ltd. announced that they will report Q1, 2025 results on Apr 30, 2025
Reported Earnings • Mar 28Full year 2024 earnings: EPS in line with expectations, revenues disappointFull year 2024 results: EPS: CN¥0.45 (down from CN¥0.46 in FY 2023). Revenue: CN¥4.08b (down 19% from FY 2023). Net income: CN¥357.2m (down 2.2% from FY 2023). Profit margin: 8.7% (up from 7.3% in FY 2023). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 5.9%. Earnings per share (EPS) were mostly in line with analyst estimates. Revenue is forecast to grow 5.2% p.a. on average during the next 2 years, compared to a 16% growth forecast for the Machinery industry in China. Over the last 3 years on average, earnings per share has fallen by 3% per year whereas the company’s share price has increased by 1% per year.
お知らせ • Mar 28Canny Elevator Co., Ltd., Annual General Meeting, Apr 18, 2025Canny Elevator Co., Ltd., Annual General Meeting, Apr 18, 2025, at 14:30 China Standard Time. Location: The Company's Meeting Room, Suzhou, Jiangsu China
Buy Or Sell Opportunity • Feb 21Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 6.0% to CN¥7.12. The fair value is estimated to be CN¥5.90, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 3.8% over the last 3 years. Earnings per share has declined by 6.6%. Revenue is forecast to grow by 2.1% in 2 years. Earnings are forecast to grow by 23% in the next 2 years.
お知らせ • Dec 31Canny Elevator Co., Ltd. to Report Fiscal Year 2024 Results on Mar 28, 2025Canny Elevator Co., Ltd. announced that they will report fiscal year 2024 results on Mar 28, 2025
Buy Or Sell Opportunity • Dec 09Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 39% to CN¥7.55. The fair value is estimated to be CN¥6.28, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 3.8% over the last 3 years. Earnings per share has declined by 6.6%. Revenue is forecast to grow by 2.1% in 2 years. Earnings are forecast to grow by 23% in the next 2 years.
分析記事 • Dec 02Lacklustre Performance Is Driving Canny Elevator Co., Ltd.'s (SZSE:002367) Low P/ECanny Elevator Co., Ltd.'s ( SZSE:002367 ) price-to-earnings (or "P/E") ratio of 19.5x might make it look like a buy...
Reported Earnings • Oct 30Third quarter 2024 earnings: EPS and revenues exceed analyst expectationsThird quarter 2024 results: EPS: CN¥0.13 (down from CN¥0.15 in 3Q 2023). Revenue: CN¥1.02b (down 17% from 3Q 2023). Net income: CN¥105.9m (down 12% from 3Q 2023). Profit margin: 10% (in line with 3Q 2023). Revenue exceeded analyst estimates by 2.6%. Earnings per share (EPS) also surpassed analyst estimates by 38%. Revenue is forecast to grow 1.5% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Machinery industry in China. Over the last 3 years on average, earnings per share has fallen by 7% per year whereas the company’s share price has fallen by 5% per year.
分析記事 • Oct 16Canny Elevator Co., Ltd. (SZSE:002367) Analysts Just Trimmed Their Revenue Forecasts By 12%One thing we could say about the analysts on Canny Elevator Co., Ltd. ( SZSE:002367 ) - they aren't optimistic, having...
Major Estimate Revision • Oct 16Consensus revenue estimates fall by 12%The consensus outlook for revenues in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from CN¥4.52b to CN¥3.98b. EPS estimate fell from CN¥0.392 to CN¥0.377 per share. Net income forecast to grow 6.4% next year vs 41% growth forecast for Machinery industry in China. Consensus price target of CN¥5.75 unchanged from last update. Share price was steady at CN¥6.21 over the past week.
お知らせ • Sep 30Canny Elevator Co., Ltd. to Report Q3, 2024 Results on Oct 30, 2024Canny Elevator Co., Ltd. announced that they will report Q3, 2024 results on Oct 30, 2024
Valuation Update With 7 Day Price Move • Sep 27Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CN¥6.24, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 15x in the Machinery industry in China. Total loss to shareholders of 9.8% over the past three years.
Reported Earnings • Aug 29Second quarter 2024 earnings: EPS exceeds analyst expectations while revenues lag behindSecond quarter 2024 results: EPS: CN¥0.15 (down from CN¥0.18 in 2Q 2023). Revenue: CN¥1.09b (down 20% from 2Q 2023). Net income: CN¥122.1m (down 14% from 2Q 2023). Profit margin: 11% (in line with 2Q 2023). Revenue missed analyst estimates by 3.3%. Earnings per share (EPS) exceeded analyst estimates by 53%. Revenue is forecast to stay flat during the next 3 years compared to a 16% growth forecast for the Machinery industry in China. Over the last 3 years on average, earnings per share has fallen by 11% per year whereas the company’s share price has fallen by 16% per year.
お知らせ • Jun 29Canny Elevator Co., Ltd. to Report First Half, 2024 Results on Aug 29, 2024Canny Elevator Co., Ltd. announced that they will report first half, 2024 results on Aug 29, 2024
Price Target Changed • Jun 28Price target decreased by 9.9% to CN¥7.25Down from CN¥8.05, the current price target is an average from 2 analysts. New target price is 26% above last closing price of CN¥5.74. Stock is down 37% over the past year. The company is forecast to post earnings per share of CN¥0.46 for next year compared to CN¥0.46 last year.
Major Estimate Revision • Jun 28Consensus EPS estimates increase by 16%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has improved. 2024 revenue forecast increased from CN¥4.52b to CN¥4.61b. EPS estimate increased from CN¥0.392 to CN¥0.456 per share. Net income forecast to grow 10% next year vs 38% growth forecast for Machinery industry in China. Consensus price target down from CN¥8.05 to CN¥7.25. Share price was steady at CN¥5.74 over the past week.
Buy Or Sell Opportunity • May 21Now 22% undervaluedOver the last 90 days, the stock has risen 2.2% to CN¥6.95. The fair value is estimated to be CN¥8.88, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 14%. Revenue is forecast to decline by 7.1% in 2 years. Earnings are forecast to grow by 14% in the next 2 years.
分析記事 • May 21Canny Elevator's (SZSE:002367) Upcoming Dividend Will Be Larger Than Last Year'sCanny Elevator Co., Ltd. ( SZSE:002367 ) will increase its dividend from last year's comparable payment on the 21st of...
Declared Dividend • May 16Dividend increased to CN¥0.35Dividend of CN¥0.35 is 40% higher than last year. Ex-date: 21st May 2024 Payment date: 21st May 2024 Dividend yield will be 4.7%, which is higher than the industry average of 2.0%. Sustainability & Growth Dividend is covered by both earnings (84% earnings payout ratio) and cash flows (52% cash payout ratio). The dividend has increased by an average of 11% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 12% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Major Estimate Revision • May 15Consensus revenue estimates fall by 12%The consensus outlook for revenues in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from CN¥5.11b to CN¥4.52b. EPS estimate fell from CN¥0.492 to CN¥0.392 per share. Net income forecast to grow 0.4% next year vs 45% growth forecast for Machinery industry in China. Consensus price target of CN¥8.05 unchanged from last update. Share price was steady at CN¥7.29 over the past week.
分析記事 • May 01We Think Canny Elevator's (SZSE:002367) Solid Earnings Are UnderstatedThe market seemed underwhelmed by last week's earnings announcement from Canny Elevator Co., Ltd. ( SZSE:002367...
Reported Earnings • Apr 26First quarter 2024 earnings released: EPS: CN¥0.067 (vs CN¥0.11 in 1Q 2023)First quarter 2024 results: EPS: CN¥0.067 (down from CN¥0.11 in 1Q 2023). Revenue: CN¥765.4m (down 16% from 1Q 2023). Net income: CN¥53.8m (down 39% from 1Q 2023). Profit margin: 7.0% (down from 9.6% in 1Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to stay flat during the next 2 years compared to a 17% growth forecast for the Machinery industry in China. Over the last 3 years on average, earnings per share has fallen by 14% per year whereas the company’s share price has fallen by 11% per year.
お知らせ • Mar 30Canny Elevator Co., Ltd. to Report Q1, 2024 Results on Apr 25, 2024Canny Elevator Co., Ltd. announced that they will report Q1, 2024 results on Apr 25, 2024
お知らせ • Mar 28Canny Elevator Co., Ltd., Annual General Meeting, Apr 23, 2024Canny Elevator Co., Ltd., Annual General Meeting, Apr 23, 2024, at 14:30 China Standard Time. Location: The Company's Meeting Room, Fenhu High-tech Zone, Jiangsu China
Reported Earnings • Mar 28Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2023 results: EPS: CN¥0.46 (up from CN¥0.35 in FY 2022). Revenue: CN¥5.04b (down 1.6% from FY 2022). Net income: CN¥365.1m (up 33% from FY 2022). Profit margin: 7.3% (up from 5.4% in FY 2022). The increase in margin was driven by lower expenses. Revenue exceeded analyst estimates by 5.4%. Earnings per share (EPS) missed analyst estimates by 15%. Revenue is forecast to stay flat during the next 2 years compared to a 19% growth forecast for the Machinery industry in China. Over the last 3 years on average, earnings per share has fallen by 15% per year whereas the company’s share price has fallen by 11% per year.
分析記事 • Mar 08Canny Elevator Co., Ltd. (SZSE:002367) Held Back By Insufficient Growth Even After Shares Climb 26%Those holding Canny Elevator Co., Ltd. ( SZSE:002367 ) shares would be relieved that the share price has rebounded 26...
Valuation Update With 7 Day Price Move • Feb 05Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to CN¥5.73, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 14x in the Machinery industry in China. Total loss to shareholders of 27% over the past three years.
お知らせ • Dec 30Canny Elevator Co., Ltd. to Report Fiscal Year 2023 Results on Mar 28, 2024Canny Elevator Co., Ltd. announced that they will report fiscal year 2023 results on Mar 28, 2024
Reported Earnings • Oct 27Third quarter 2023 earnings: EPS and revenues exceed analyst expectationsThird quarter 2023 results: EPS: CN¥0.15 (up from CN¥0.10 in 3Q 2022). Revenue: CN¥1.22b (down 18% from 3Q 2022). Net income: CN¥120.8m (up 53% from 3Q 2022). Profit margin: 9.9% (up from 5.3% in 3Q 2022). The increase in margin was driven by lower expenses. Revenue exceeded analyst estimates by 3.0%. Earnings per share (EPS) also surpassed analyst estimates by 37%. Revenue is forecast to grow 3.2% p.a. on average during the next 3 years, compared to a 21% growth forecast for the Machinery industry in China. Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings.
Major Estimate Revision • Oct 14Consensus EPS estimates increase by 15%The consensus outlook for fiscal year 2023 has been updated. 2023 EPS estimate increased from CN¥0.439 to CN¥0.506. Revenue forecast steady at CN¥4.75b. Net income forecast to grow 9.8% next year vs 50% growth forecast for Machinery industry in China. Consensus price target of CN¥8.60 unchanged from last update. Share price fell 3.9% to CN¥8.43 over the past week.
Reported Earnings • Aug 24Second quarter 2023 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2023 results: EPS: CN¥0.18 (up from CN¥0.11 in 2Q 2022). Revenue: CN¥1.37b (down 1.9% from 2Q 2022). Net income: CN¥142.2m (up 60% from 2Q 2022). Profit margin: 10% (up from 6.4% in 2Q 2022). The increase in margin was driven by lower expenses. Revenue exceeded analyst estimates by 15%. Earnings per share (EPS) also surpassed analyst estimates by 64%. Revenue is forecast to grow 4.9% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Machinery industry in China. Over the last 3 years on average, earnings per share has fallen by 12% per year whereas the company’s share price has fallen by 11% per year.
お知らせ • May 13Canny Elevator Co., Ltd. Approves Board AppointmentsCanny Elevator Co., Ltd. at its Extraordinary General Meeting held on 11 May 2023, approved election of Zhu Linhao, Wu Xian and Qiang Yongchang as non-independent directors and election of Geng Chengxuan as independent director.
Upcoming Dividend • May 04Upcoming dividend of CN¥0.25 per share at 2.9% yieldEligible shareholders must have bought the stock before 11 May 2023. Payment date: 11 May 2023. Payout ratio is a comfortable 61% and this is well supported by cash flows. Trailing yield: 2.9%. Within top quartile of Chinese dividend payers (1.9%). Higher than average of industry peers (1.5%).
Major Estimate Revision • Apr 08Consensus EPS estimates fall by 12%The consensus outlook for fiscal year 2023 has been updated. 2023 EPS estimate fell from CN¥0.471 to CN¥0.415 per share. Revenue forecast steady at CN¥5.30b. Net income forecast to grow 21% next year vs 46% growth forecast for Machinery industry in China. Consensus price target of CN¥7.80 unchanged from last update. Share price was steady at CN¥8.30 over the past week.
Reported Earnings • Mar 30Full year 2022 earnings: EPS and revenues miss analyst expectationsFull year 2022 results: EPS: CN¥0.35 (down from CN¥0.52 in FY 2021). Revenue: CN¥5.11b (down 1.1% from FY 2021). Net income: CN¥274.3m (down 32% from FY 2021). Profit margin: 5.4% (down from 7.8% in FY 2021). The decrease in margin was primarily driven by higher expenses. Revenue missed analyst estimates by 2.1%. Earnings per share (EPS) also missed analyst estimates by 17%. Revenue is forecast to grow 3.0% p.a. on average during the next 2 years, compared to a 22% growth forecast for the Machinery industry in China. Over the last 3 years on average, earnings per share has increased by 1% per year whereas the company’s share price has remained flat.
Price Target Changed • Dec 19Price target decreased to CN¥7.30Down from CN¥8.05, the current price target is provided by 1 analyst. New target price is 5.7% below last closing price of CN¥7.74. Stock is up 2.1% over the past year. The company is forecast to post earnings per share of CN¥0.36 for next year compared to CN¥0.52 last year.
Reported Earnings • Oct 28Third quarter 2022 earnings: EPS and revenues exceed analyst expectationsThird quarter 2022 results: EPS: CN¥0.10 (down from CN¥0.12 in 3Q 2021). Revenue: CN¥1.50b (up 9.2% from 3Q 2021). Net income: CN¥79.0m (down 18% from 3Q 2021). Profit margin: 5.3% (down from 7.0% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 19%. Earnings per share (EPS) also surpassed analyst estimates by 4.9%. Revenue is forecast to grow 1.3% p.a. on average during the next 3 years, compared to a 23% growth forecast for the Machinery industry in China. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings.
Price Target Changed • Oct 16Price target decreased to CN¥8.05Down from CN¥8.85, the current price target is an average from 2 analysts. New target price is 19% above last closing price of CN¥6.77. Stock is down 15% over the past year. The company is forecast to post earnings per share of CN¥0.43 for next year compared to CN¥0.52 last year.
Major Estimate Revision • Sep 01Consensus EPS estimates fall by 22%The consensus outlook for earnings per share (EPS) in 2022 has deteriorated. 2022 revenue forecast decreased from CN¥5.37b to CN¥5.05b. EPS estimate also fell from CN¥0.49 per share to CN¥0.38 per share. Net income forecast to grow 15% next year vs 52% growth forecast for Machinery industry in China. Consensus price target of CN¥8.75 unchanged from last update. Share price fell 4.7% to CN¥7.44 over the past week.
Reported Earnings • Aug 26Second quarter 2022 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2022 results: EPS: CN¥0.11 (down from CN¥0.20 in 2Q 2021). Revenue: CN¥1.40b (up 3.0% from 2Q 2021). Net income: CN¥88.8m (down 45% from 2Q 2021). Profit margin: 6.4% (down from 12% in 2Q 2021). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 3.9%. Earnings per share (EPS) also surpassed analyst estimates by 11%. Over the next year, revenue is forecast to grow 3.8%, compared to a 36% growth forecast for the Machinery industry in China. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.
Valuation Update With 7 Day Price Move • Aug 08Investor sentiment improved over the past weekAfter last week's 17% share price gain to CN¥9.32, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 21x in the Machinery industry in China. Total returns to shareholders of 47% over the past three years.
Upcoming Dividend • May 02Upcoming dividend of CN¥0.30 per shareEligible shareholders must have bought the stock before 09 May 2022. Payment date: 09 May 2022. Payout ratio is a comfortable 62% but the company is paying out more than the cash it is generating. Trailing yield: 4.2%. Within top quartile of Chinese dividend payers (2.3%). Higher than average of industry peers (1.8%).
お知らせ • Apr 28Canny Elevator Co., Ltd. Announces Cash Dividend for A Shares for the Year 2021, Payment Date Is 9 May 2022Canny Elevator Co., Ltd. announced cash dividend/10 shares (tax included) of CNY 3.00000000 for A shares for the year 2021. Record date is 6 May 2022. Ex-date is 9 May 2022. Payment date is 9 May 2022.
Reported Earnings • Apr 28First quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behindFirst quarter 2022 results: EPS: CN¥0.047 (down from CN¥0.075 in 1Q 2021). Revenue: CN¥941.5m (up 7.1% from 1Q 2021). Net income: CN¥36.9m (down 37% from 1Q 2021). Profit margin: 3.9% (down from 6.7% in 1Q 2021). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 6.2%. Earnings per share (EPS) missed analyst estimates by 2.4%. Over the next year, revenue is forecast to grow 3.1%, compared to a 31% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings.
Board Change • Apr 27High number of new and inexperienced directorsThere are 7 new directors who have joined the board in the last 3 years. The company's board is composed of: 7 new directors. 5 experienced directors. No highly experienced directors. Supervisor Linghua Zhu is the most experienced director on the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.
お知らせ • Apr 23Canny Elevator Co., Ltd. Approves Cash Dividend for the Year 2021Canny Elevator Co., Ltd. at the AGM held on April 21, 2022, approved a cash dividend of CNY 3.00000000 per 10 shares (tax included) for the year 2021.
Major Estimate Revision • Apr 14Consensus EPS estimates increase by 12%The consensus outlook for earnings per share (EPS) in 2022 has improved. 2022 revenue forecast increased from CN¥5.11b to CN¥5.37b. EPS estimate increased from CN¥0.53 to CN¥0.59 per share. Net income forecast to grow 15% next year vs 39% growth forecast for Machinery industry in China. Consensus price target up from CN¥8.85 to CN¥9.10. Share price rose 2.3% to CN¥7.46 over the past week.
お知らせ • Apr 02Canny Elevator Co., Ltd., Annual General Meeting, Apr 21, 2022Canny Elevator Co., Ltd., Annual General Meeting, Apr 21, 2022, at 14:00 China Standard Time. Agenda: To consider 2021 provision for assets impairment; to consider 2021 work report of the board of directors; to consider 2021 work report of the supervisory committee; to consider 2021 annual accounts; to consider 2021 annual report and its summary; to consider launching the bill pool business; to consider purchase of wealth management products with proprietary funds by the Company and its subsidiaries; to consider 2021 profit distribution plan; to consider reappointment of 2022 audit firm; to consider amendments to the articles of association; to consider amendments to the rules of procedure governing shareholders' general meetings; to consider amendments to the Company's rules of procedure governing the board meetings; to consider amendments to the work system for independent directors; and to consider amendments to allowance plan for directors and supervisors.
お知らせ • Mar 31Canny Announces Final Cash Dividend Proposal for 2021Canny announced on 30 March 2022 the final cash dividend proposal for 2021. Cash dividend/10 shares (tax included): CNY 3.00000000.
Reported Earnings • Mar 31Full year 2021 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2021 results: EPS: CN¥0.52 (down from CN¥0.62 in FY 2020). Revenue: CN¥5.17b (up 21% from FY 2020). Net income: CN¥405.5m (down 16% from FY 2020). Profit margin: 7.8% (down from 11% in FY 2020). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 6.2%. Earnings per share (EPS) missed analyst estimates by 2.4%. Over the next year, revenue is expected to shrink by 1.1% compared to a 30% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has increased by 59% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings.
Valuation Update With 7 Day Price Move • Mar 22Investor sentiment improved over the past weekAfter last week's 15% share price gain to CN¥7.54, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 21x in the Machinery industry in China. Total returns to shareholders of 6.9% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥5.04 per share.
お知らせ • Nov 30Canny Elevator Plans to Acquire Mineral Product FirmCanny Elevator Co., Ltd. (SZSE:002367) said it plans to acquire Mineral Products Processing Firm but the plan has not been confirmed, responding to share price moves.
Price Target Changed • Nov 18Price target decreased to CN¥9.25Down from CN¥13.45, the current price target is an average from 2 analysts. New target price is 20% above last closing price of CN¥7.73. Stock is down 31% over the past year. The company is forecast to post earnings per share of CN¥0.56 for next year compared to CN¥0.62 last year.
Reported Earnings • Oct 31Third quarter 2021 earnings released: EPS CN¥0.12 (vs CN¥0.26 in 3Q 2020)The company reported a soft third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: CN¥1.37b (up 5.8% from 3Q 2020). Net income: CN¥96.4m (down 52% from 3Q 2020). Profit margin: 7.0% (down from 16% 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 67% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Aug 25Second quarter 2021 earnings released: EPS CN¥0.20 (vs CN¥0.21 in 2Q 2020)The company reported a soft second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2021 results: Revenue: CN¥1.36b (up 9.0% from 2Q 2020). Net income: CN¥159.8m (down 1.2% from 2Q 2020). Profit margin: 12% (down from 13% 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 69% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth.
お知らせ • Apr 29Canny Elevator Co., Ltd. Announces 2020 Final Distribution on A Shares, Payable on 7 May 2021Canny Elevator Co., Ltd. announced 2020 final distribution plan to be implemented (A shares). The company announced Cash dividend per 10 shares (tax included) is CNY 3.00000000. The dividend is payable on May 7, 2021 with ex-date as May 7, 2021 and record date as May 6, 2021.
Reported Earnings • Apr 24First quarter 2021 earnings released: EPS CN¥0.075 (vs CN¥0.007 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: CN¥879.2m (up 69% from 1Q 2020). Net income: CN¥58.5m (up CN¥52.8m from 1Q 2020). Profit margin: 6.7% (up from 1.1% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 59% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Mar 31Full year 2020 earnings released: EPS CN¥0.62 (vs CN¥0.32 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: CN¥4.28b (up 17% from FY 2019). Net income: CN¥485.6m (up 93% from FY 2019). Profit margin: 11% (up from 6.9% 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 36% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.
Major Estimate Revision • Mar 18Consensus forecasts updatedThe consensus outlook for 2021 has been updated. 2021 revenue forecast increased from CN¥4.67b to CN¥4.73b. EPS estimate fell from CN¥0.63 to CN¥0.52 per share. Net income forecast to shrink 14% next year vs 40% growth forecast for Machinery industry in China . Consensus price target down from CN¥14.75 to CN¥14.30. Share price was steady at CN¥10.38 over the past week.
お知らせ • Feb 25Canny Elevator Co., Ltd. to Report Fiscal Year 2020 Results on Mar 31, 2021Canny Elevator Co., Ltd. announced that they will report fiscal year 2020 results on Mar 31, 2021
Is New 90 Day High Low • Feb 03New 90-day low: CN¥9.52The company is down 13% from its price of CN¥10.90 on 05 November 2020. The Chinese market is up 6.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Machinery industry, which is up 6.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥22.55 per share.
Is New 90 Day High Low • Nov 26New 90-day low: CN¥10.59The company is down 16% from its price of CN¥12.57 on 28 August 2020. The Chinese market is down 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Machinery industry, which is up 3.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥19.14 per share.
Major Estimate Revision • Nov 03Analysts increase EPS estimates to CN¥0.56The 2020 consensus revenue estimate increased from CN¥4.00b to CN¥4.09b. The earnings per share estimate also received an upgrade from CN¥0.48 to CN¥0.56 for the same period. Net income is expected to grow by 16% next year compared to 40% growth forecast for the Machinery industry in China. The consensus price target increased from CN¥12.40 to CN¥14.75. Share price is down by 7.7% to CN¥10.86 over the past week.
Price Target Changed • Oct 31Price target raised to CN¥14.75Up from CN¥12.40, the current price target is an average from 2 analysts. The new target price is 39% above the current share price of CN¥10.61. As of last close, the stock is up 34% over the past year.
Analyst Estimate Surprise Post Earnings • Oct 28Third-quarter earnings released: Revenue and earnings beat expectationsThird-quarter revenue exceeded analyst estimates by 16% at CN¥1.30b. Earnings per share (EPS) also surpassed analyst estimates by 38% at CN¥0.26. Revenue is forecast to grow 8.9% over the next year, compared to a 50% growth forecast for the Machinery industry in China.
Reported Earnings • Oct 28Third quarter earnings releasedOver the last 12 months the company has reported total profits of CN¥418.6m, up 168% from the prior year. Total revenue was CN¥4.00b over the last 12 months, up 13% from the prior year.
お知らせ • Oct 20Canny Elevator Co., Ltd. to Report Q3, 2020 Results on Oct 28, 2020Canny Elevator Co., Ltd. announced that they will report Q3, 2020 results on Oct 28, 2020