Kexin DevelopmentLtdShanxi（600234）株式概要山西克信開発有限公司は、メディア広告、自己所有の住宅リース、建築装飾エンジニアリングサービスを提供しています。 詳細600234 ファンダメンタル分析スノーフレーク・スコア評価0/6将来の成長0/6過去の実績0/6財務の健全性5/6配当金0/6リスク分析過去5年間で収益は年間17.1%減少しました。 CN市場と比較して、過去 3 か月間の株価の変動が非常に大きいすべてのリスクチェックを見る600234 Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.Your Fair ValueCN¥Current PriceCN¥24.3917.3k% 割高 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture-173m1b2016201920222025202620282031Revenue CN¥74.0mEarnings CN¥4.0mAdvancedSet Fair ValueView all narrativesKexin Development Co.,Ltd,Shanxi 競合他社Shanghai Nenghui TechnologyLtdSymbol: SZSE:301046Market cap: CN¥4.7bBeijing New Space TechnologySymbol: SHSE:605178Market cap: CN¥6.2bShenzhen Minkave TechnologySymbol: SZSE:300506Market cap: CN¥3.0bLiaoning HeZhan Energy GroupSymbol: SZSE:000809Market cap: CN¥3.5b価格と性能株価の高値、安値、推移の概要Kexin DevelopmentLtdShanxi過去の株価現在の株価CN¥24.3952週高値CN¥32.0252週安値CN¥6.75ベータ1.081ヶ月の変化-12.89%3ヶ月変化63.47%1年変化239.69%3年間の変化306.50%5年間の変化88.92%IPOからの変化181.90%最新ニュースNew Risk • May 22New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Chinese stocks, typically moving 10% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (10% average weekly change). Earnings have declined by 17% per year over the past 5 years.お知らせ • May 19Kexin Development Co.,Ltd,Shanxi, Annual General Meeting, Jun 16, 2026Kexin Development Co.,Ltd,Shanxi, Annual General Meeting, Jun 16, 2026, at 14:30 China Standard Time. Location: The Company's Meeting Room, Shenzhen, Guangdong ChinaReported Earnings • Apr 29Full year 2025 earnings released: CN¥0.07 loss per share (vs CN¥0.15 profit in FY 2024)Full year 2025 results: CN¥0.07 loss per share (down from CN¥0.15 profit in FY 2024). Revenue: CN¥384.0m (up 2.5% from FY 2024). Net loss: CN¥17.2m (down 143% from profit in FY 2024). Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has increased by 57% per year, which means it is tracking significantly ahead of earnings growth.New Risk • Apr 20New 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 8.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company.Valuation Update With 7 Day Price Move • Apr 14Investor sentiment improves as stock rises 21%After last week's 21% share price gain to CN¥17.62, the stock trades at a trailing P/E ratio of 77.6x. Average trailing P/E is 30x in the Consumer Durables industry in China. Total returns to shareholders of 183% over the past three years.お知らせ • Mar 30Kexin Development Co.,Ltd,Shanxi to Report Q1, 2026 Results on Apr 29, 2026Kexin Development Co.,Ltd,Shanxi announced that they will report Q1, 2026 results on Apr 29, 2026最新情報をもっと見るRecent updatesNew Risk • May 22New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Chinese stocks, typically moving 10% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (10% average weekly change). Earnings have declined by 17% per year over the past 5 years.お知らせ • May 19Kexin Development Co.,Ltd,Shanxi, Annual General Meeting, Jun 16, 2026Kexin Development Co.,Ltd,Shanxi, Annual General Meeting, Jun 16, 2026, at 14:30 China Standard Time. Location: The Company's Meeting Room, Shenzhen, Guangdong ChinaReported Earnings • Apr 29Full year 2025 earnings released: CN¥0.07 loss per share (vs CN¥0.15 profit in FY 2024)Full year 2025 results: CN¥0.07 loss per share (down from CN¥0.15 profit in FY 2024). Revenue: CN¥384.0m (up 2.5% from FY 2024). Net loss: CN¥17.2m (down 143% from profit in FY 2024). Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has increased by 57% per year, which means it is tracking significantly ahead of earnings growth.New Risk • Apr 20New 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 8.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company.Valuation Update With 7 Day Price Move • Apr 14Investor sentiment improves as stock rises 21%After last week's 21% share price gain to CN¥17.62, the stock trades at a trailing P/E ratio of 77.6x. Average trailing P/E is 30x in the Consumer Durables industry in China. Total returns to shareholders of 183% over the past three years.お知らせ • Mar 30Kexin Development Co.,Ltd,Shanxi to Report Q1, 2026 Results on Apr 29, 2026Kexin Development Co.,Ltd,Shanxi announced that they will report Q1, 2026 results on Apr 29, 2026Valuation Update With 7 Day Price Move • Mar 30Investor sentiment improves as stock rises 20%After last week's 20% share price gain to CN¥15.50, the stock trades at a trailing P/E ratio of 68.3x. Average trailing P/E is 30x in the Consumer Durables industry in China. Total returns to shareholders of 100% over the past three years.お知らせ • Dec 26Kexin Development Co.,Ltd,Shanxi to Report Fiscal Year 2025 Results on Apr 29, 2026Kexin Development Co.,Ltd,Shanxi announced that they will report fiscal year 2025 results on Apr 29, 2026New Risk • Dec 17New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Chinese stocks, typically moving 9.1% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. This is currently the only risk that has been identified for the company.Valuation Update With 7 Day Price Move • Dec 17Investor sentiment improves as stock rises 19%After last week's 19% share price gain to CN¥13.81, the stock trades at a trailing P/E ratio of 60.8x. Average trailing P/E is 29x in the Consumer Durables industry in China. Total returns to shareholders of 93% over the past three years.Reported Earnings • Oct 31Third quarter 2025 earnings released: EPS: CN¥0.031 (vs CN¥0.071 in 3Q 2024)Third quarter 2025 results: EPS: CN¥0.031 (down from CN¥0.071 in 3Q 2024). Revenue: CN¥133.5m (up 5.5% from 3Q 2024). Net income: CN¥8.20m (down 56% from 3Q 2024). Profit margin: 6.1% (down from 15% in 3Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth.New Risk • Oct 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 7.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company.Valuation Update With 7 Day Price Move • Oct 13Investor sentiment improves as stock rises 25%After last week's 25% share price gain to CN¥11.45, the stock trades at a trailing P/E ratio of 43x. Average trailing P/E is 35x in the Consumer Durables industry in China. Total returns to shareholders of 48% over the past three years.お知らせ • Sep 30Kexin Development Co.,Ltd,Shanxi to Report Q3, 2025 Results on Oct 31, 2025Kexin Development Co.,Ltd,Shanxi announced that they will report Q3, 2025 results on Oct 31, 2025Reported Earnings • Aug 31Second quarter 2025 earnings released: EPS: CN¥0.081 (vs CN¥0.001 in 2Q 2024)Second quarter 2025 results: EPS: CN¥0.081 (up from CN¥0.001 in 2Q 2024). Revenue: CN¥77.5m (up 187% from 2Q 2024). Net income: CN¥21.2m (up CN¥20.9m from 2Q 2024). Profit margin: 27% (up from 1.1% in 2Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 2% per year whereas the company’s share price has increased by 1% per year.Valuation Update With 7 Day Price Move • Jul 28Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CN¥9.32, the stock trades at a trailing P/E ratio of 49.9x. Average trailing P/E is 28x in the Consumer Durables industry in China. Total loss to shareholders of 7.0% over the past three years.New Risk • Jul 09New 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 6.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company.お知らせ • Jun 30Kexin Development Co.,Ltd,Shanxi to Report First Half, 2025 Results on Aug 29, 2025Kexin Development Co.,Ltd,Shanxi announced that they will report first half, 2025 results on Aug 29, 2025お知らせ • Jun 09Kexin Development Co.,Ltd,Shanxi, Annual General Meeting, Jun 30, 2025Kexin Development Co.,Ltd,Shanxi, Annual General Meeting, Jun 30, 2025, at 14:30 China Standard Time. Location: The Company's Meeting Room, Shenzhen, Guangdong Chinaお知らせ • Mar 28Kexin Development Co.,Ltd,Shanxi to Report Q1, 2025 Results on Apr 30, 2025Kexin Development Co.,Ltd,Shanxi announced that they will report Q1, 2025 results on Apr 30, 2025分析記事 • Mar 14Kexin Development Co.,Ltd,Shanxi's (SHSE:600234) Business Is Yet to Catch Up With Its Share PriceWhen you see that almost half of the companies in the Consumer Durables industry in China have price-to-sales ratios...分析記事 • Jan 16We're Hopeful That Kexin DevelopmentLtdShanxi (SHSE:600234) Will Use Its Cash WiselyJust because a business does not make any money, does not mean that the stock will go down. For example, biotech and...お知らせ • Dec 27Kexin Development Co.,Ltd,Shanxi to Report Fiscal Year 2024 Results on Apr 30, 2025Kexin Development Co.,Ltd,Shanxi announced that they will report fiscal year 2024 results on Apr 30, 2025分析記事 • Dec 12Kexin Development Co.,Ltd,Shanxi (SHSE:600234) Stock Rockets 38% As Investors Are Less Pessimistic Than ExpectedKexin Development Co.,Ltd,Shanxi ( SHSE:600234 ) shares have continued their recent momentum with a 38% gain in the...Reported Earnings • Oct 30Third quarter 2024 earnings released: EPS: CN¥0.071 (vs CN¥0.016 loss in 3Q 2023)Third quarter 2024 results: EPS: CN¥0.071 (up from CN¥0.016 loss in 3Q 2023). Revenue: CN¥126.5m (up 163% from 3Q 2023). Net income: CN¥18.5m (up CN¥22.7m from 3Q 2023). Profit margin: 15% (up from net loss in 3Q 2023). The move to profitability was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 94 percentage points per year, which is a significant difference in performance.分析記事 • Oct 28Kexin Development Co.,Ltd,Shanxi (SHSE:600234) Stock Rockets 31% As Investors Are Less Pessimistic Than ExpectedKexin Development Co.,Ltd,Shanxi ( SHSE:600234 ) shares have continued their recent momentum with a 31% gain in the...お知らせ • Sep 30Kexin Development Co.,Ltd,Shanxi to Report Q3, 2024 Results on Oct 30, 2024Kexin Development Co.,Ltd,Shanxi announced that they will report Q3, 2024 results on Oct 30, 2024Reported Earnings • Aug 30Second quarter 2024 earnings released: EPS: CN¥0.001 (vs CN¥0.041 loss in 2Q 2023)Second quarter 2024 results: EPS: CN¥0.001 (up from CN¥0.041 loss in 2Q 2023). Revenue: CN¥27.0m (up 93% from 2Q 2023). Net income: CN¥301.8k (up CN¥11.5m from 2Q 2023). Profit margin: 1.1% (up from net loss in 2Q 2023). The move to profitability was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 93 percentage points per year, which is a significant difference in performance.お知らせ • Aug 28Wang Peng completed the acquisition of 5% stake in Kexin Development Co.,Ltd,Shanxi (SHSE:600234) from Shenzhen Kexin Industrial Holdings Co., Ltd.Wang Peng agreed to acquire 5% stake in Kexin Development Co.,Ltd,Shanxi (SHSE:600234) from Shenzhen Kexin Industrial Holdings Co., Ltd for CNY 36.8 million on August 7, 2024. A consideration valued at CNY 2.8 per share will be paid for 13,126,049 shares. Wang Peng completed the acquisition of 5% stake in Kexin Development Co.,Ltd,Shanxi (SHSE:600234) from Shenzhen Kexin Industrial Holdings Co., Ltd on August 26, 2024.お知らせ • Jun 28Kexin Development Co.,Ltd,Shanxi to Report First Half, 2024 Results on Aug 30, 2024Kexin Development Co.,Ltd,Shanxi announced that they will report first half, 2024 results on Aug 30, 2024New Risk • May 17New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: CN¥698.3m (US$96.6m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CN¥60m free cash flow). Share price has been highly volatile over the past 3 months (13% average weekly change). Earnings have declined by 60% per year over the past 5 years. Minor Risk Market cap is less than US$100m (CN¥698.3m market cap, or US$96.6m).お知らせ • May 15+ 1 more updateKexin Development Co.,Ltd,Shanxi(SHSE:600234) dropped from Shanghai Stock Exchange Composite IndexGuanghe Landscape Culture Communication Co., Ltd. has been from Shanghai Stock Exchange Composite IndexNew Risk • Apr 29New major risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -CN¥41m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CN¥41m free cash flow). Share price has been highly volatile over the past 3 months (14% average weekly change). Earnings have declined by 42% per year over the past 5 years.Reported Earnings • Apr 29Full year 2023 earnings released: CN¥0.65 loss per share (vs CN¥0.074 loss in FY 2022)Full year 2023 results: CN¥0.65 loss per share (further deteriorated from CN¥0.074 loss in FY 2022). Revenue: CN¥70.1m (down 41% from FY 2022). Net loss: CN¥170.6m (loss widened CN¥151.2m from FY 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 110 percentage points per year, which is a significant difference in performance.分析記事 • Apr 22Some Confidence Is Lacking In Kexin Development Co.,Ltd,Shanxi (SHSE:600234) As Shares Slide 50%The Kexin Development Co.,Ltd,Shanxi ( SHSE:600234 ) share price has fared very poorly over the last month, falling by...お知らせ • Mar 30Kexin Development Co.,Ltd,Shanxi to Report Q1, 2024 Results on Apr 29, 2024Kexin Development Co.,Ltd,Shanxi announced that they will report Q1, 2024 results on Apr 29, 2024分析記事 • Mar 08There's Reason For Concern Over Kexin Development Co.,Ltd,Shanxi's (SHSE:600234) Massive 32% Price JumpThose holding Kexin Development Co.,Ltd,Shanxi ( SHSE:600234 ) shares would be relieved that the share price has...Board Change • Jan 23Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 5 non-independent directors. Independent Director Zhiqiang Zou was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.お知らせ • Dec 29Kexin Development Co.,Ltd,Shanxi to Report Fiscal Year 2023 Results on Apr 29, 2024Kexin Development Co.,Ltd,Shanxi announced that they will report fiscal year 2023 results on Apr 29, 2024New Risk • Nov 06New major risk - Revenue and earnings growthEarnings have declined by 9.1% per year over the past 5 years. 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 declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. 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. This is currently the only risk that has been identified for the company.Reported Earnings • Aug 28Second quarter 2023 earnings released: CN¥0.041 loss per share (vs CN¥0.052 profit in 2Q 2022)Second quarter 2023 results: CN¥0.041 loss per share (down from CN¥0.052 profit in 2Q 2022). Revenue: CN¥14.0m (down 69% from 2Q 2022). Net loss: CN¥11.2m (down 187% from profit in 2Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 84 percentage points per year, which is a significant difference in performance.お知らせ • Jun 28Kexin Development Co.,Ltd,Shanxi to Report First Half, 2023 Results on Aug 28, 2023Kexin Development Co.,Ltd,Shanxi announced that they will report first half, 2023 results on Aug 28, 2023Reported Earnings • Apr 29Full year 2022 earnings released: CN¥0.074 loss per share (vs CN¥0.056 profit in FY 2021)Full year 2022 results: CN¥0.074 loss per share (down from CN¥0.056 profit in FY 2021). Revenue: CN¥119.5m (down 80% from FY 2021). Net loss: CN¥19.5m (down 255% from profit in FY 2021). Over the last 3 years on average, earnings per share has fallen by 49% per year but the company’s share price has only fallen by 13% per year, which means it has not declined as severely as earnings.Reported Earnings • Oct 30Third quarter 2022 earnings released: EPS: CN¥0.022 (vs CN¥0.016 in 3Q 2021)Third quarter 2022 results: EPS: CN¥0.022 (up from CN¥0.016 in 3Q 2021). Revenue: CN¥12.3m (down 93% from 3Q 2021). Net income: CN¥5.69m (up 19% from 3Q 2021). Profit margin: 46% (up from 2.8% in 3Q 2021). 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 7% per year.Reported Earnings • Aug 26Second quarter 2022 earnings released: EPS: CN¥0.052 (vs CN¥0.005 in 2Q 2021)Second quarter 2022 results: EPS: CN¥0.052 (up from CN¥0.005 in 2Q 2021). Revenue: CN¥45.5m (down 76% from 2Q 2021). Net income: CN¥12.8m (up CN¥12.3m from 2Q 2021). Profit margin: 28% (up from 0.3% in 2Q 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.Reported Earnings • Apr 30First quarter 2022 earnings released: CN¥0.07 loss per share (vs CN¥0.02 profit in 1Q 2021)First quarter 2022 results: CN¥0.07 loss per share (down from CN¥0.02 profit in 1Q 2021). Revenue: CN¥36.4m (down 72% from 1Q 2021). Net loss: CN¥19.4m (down CN¥24.1m from profit in 1Q 2021). Over the last 3 years on average, earnings per share has increased by 47% per year but the company’s share price has fallen by 3% 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 16% share price gain to CN¥9.66, the stock trades at a trailing P/E ratio of 68.6x. Average trailing P/E is 25x in the Consumer Durables industry in China. Total returns to shareholders of 17% over the past three years.Valuation Update With 7 Day Price Move • Dec 15Investor sentiment improved over the past weekAfter last week's 23% share price gain to CN¥11.20, the stock trades at a trailing P/E ratio of 79.5x. Average trailing P/E is 29x in the Consumer Durables industry in China. Total returns to shareholders of 43% over the past three years.Reported Earnings • Oct 31Third quarter 2021 earnings released: EPS CN¥0.016 (vs CN¥0.13 in 3Q 2020)The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: CN¥169.7m (down 52% from 3Q 2020). Net income: CN¥4.79m (down 81% from 3Q 2020). Profit margin: 2.8% (down from 7.3% in 3Q 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 102% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.Reported Earnings • Aug 29Second quarter 2021 earnings released: EPS CN¥0.005 (vs CN¥0.008 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¥187.0m (up 76% from 2Q 2020). Net income: CN¥570.3k (down 58% from 2Q 2020). Profit margin: 0.3% (down from 1.3% 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 114% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • May 12Investor sentiment improved over the past weekAfter last week's 25% share price gain to CN¥12.68, the stock trades at a trailing P/E ratio of 43.6x. Average trailing P/E is 25x in the Consumer Durables industry in China. Total returns to shareholders of 25% over the past three years.Reported Earnings • May 05First quarter 2021 earnings released: EPS CN¥0.02 (vs CN¥0.011 in 1Q 2020)The company reported a solid first quarter result with improved earnings and revenues, although profit margins were weaker. First quarter 2021 results: Revenue: CN¥131.4m (up 90% from 1Q 2020). Net income: CN¥4.69m (up 82% from 1Q 2020). Profit margin: 3.6% (down from 3.7% in 1Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 118% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.Reported Earnings • Mar 26Full year 2020 earnings released: EPS CN¥0.28 (vs CN¥0.08 in FY 2019)The company reported a solid full year result with improved earnings and revenues, although profit margins were weaker. Full year 2020 results: Revenue: CN¥1.11b (up 389% from FY 2019). Net income: CN¥56.3m (up 233% from FY 2019). Profit margin: 5.1% (down from 7.4% in FY 2019). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 115% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings.Is New 90 Day High Low • Mar 05New 90-day high: CN¥9.51The company is up 2.0% from its price of CN¥9.28 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 Consumer Durables industry, which is up 1.0% over the same period.お知らせ • Mar 04Guanghe Landscape Culture Communication Co., Ltd. to Report Fiscal Year 2020 Results on Mar 26, 2021Guanghe Landscape Culture Communication Co., Ltd. announced that they will report fiscal year 2020 results on Mar 26, 2021Is New 90 Day High Low • Feb 03New 90-day low: CN¥8.66The company is down 7.0% from its price of CN¥9.34 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 Consumer Durables industry, which is up 11% over the same period.お知らせ • Oct 27Guanghe Landscape Culture Communication Co., Ltd. to Report Q3, 2020 Results on Oct 30, 2020Guanghe Landscape Culture Communication Co., Ltd. announced that they will report Q3, 2020 results on Oct 30, 2020Is New 90 Day High Low • Oct 24New 90-day low: CN¥8.69The company is down 12% from its price of CN¥9.90 on 24 July 2020. The Chinese market is up 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Consumer Durables industry, which is up 9.0% over the same period.お知らせ • Aug 12Guanghe Landscape Culture Communication Co., Ltd. announced that it expects to receive CNY 479.999993 million in funding from Shenzhen Kexin Industrial Holdings Co., LtdGuanghe Landscape Culture Communication Co., Ltd. (SHSE:600234) announced that it has entered into a share purchase agreement to issue not more than 60,075,093 A shares at a price of CNY 7.99 per share for gross proceeds of not more than CNY 479,999,993.07, not exceeding 30% of the company's total share capital in an equity round of funding from Shenzhen Kexin Industrial Holdings Co., Ltd for 60,075,093 shares on August 11 2020. The shares shall not be transferred within 36 months from the date of the end of the offering. The transaction has been approved at the company's 12th extraordinary meeting of the eight session of board of directors and seventh extraordinary meeting of the eighth board of supervisors, and still need to be approved by company’s general meeting of shareholders and China Securities Regulatory Commission.お知らせ • Jul 10Guanghe Landscape Culture Communication Co., Ltd. to Report First Half, 2020 Results on Aug 28, 2020Guanghe Landscape Culture Communication Co., Ltd. announced that they will report first half, 2020 results on Aug 28, 2020株主還元600234CN ConstructionCN 市場7D2.8%-1.7%-1.5%1Y239.7%1.0%27.7%株主還元を見る業界別リターン: 600234過去 1 年間で1 % の収益を上げたCN Construction業界を上回りました。リターン対市場: 600234過去 1 年間で27.7 % の収益を上げたCN市場を上回りました。価格変動Is 600234's price volatile compared to industry and market?600234 volatility600234 Average Weekly Movement10.7%Construction Industry Average Movement6.1%Market Average Movement6.7%10% most volatile stocks in CN Market10.5%10% least volatile stocks in CN Market4.3%安定した株価: 600234の株価は、 CN市場と比較して過去 3 か月間で変動しています。時間の経過による変動: 600234の weekly volatility ( 11% ) は過去 1 年間安定していますが、依然としてCNの株式の 75% よりも高くなっています。会社概要設立従業員CEO（最高経営責任者ウェブサイト1988176Yuanrui Lianwww.600234.net山西克信開発有限公司はメディア広告、自己所有の住宅賃貸、建築装飾エンジニアリングサービスを提供する。山西克信開発有限公司は1988年に設立され、本社は山西省山西市。山西克信開発有限公司は1988年に設立され、中国深圳市に本社を置く。もっと見るKexin Development Co.,Ltd,Shanxi 基礎のまとめKexin DevelopmentLtdShanxi の収益と売上を時価総額と比較するとどうか。600234 基礎統計学時価総額CN¥6.40b収益（TTM）-CN¥20.41m売上高(TTM)CN¥396.43m16.2xP/Sレシオ-313.7xPER（株価収益率600234 は割高か？公正価値と評価分析を参照収益と収入最新の決算報告書（TTM）に基づく主な収益性統計600234 損益計算書（TTM）収益CN¥396.43m売上原価CN¥361.50m売上総利益CN¥34.93mその他の費用CN¥55.34m収益-CN¥20.41m直近の収益報告Mar 31, 2026次回決算日該当なし一株当たり利益（EPS）-0.078グロス・マージン8.81%純利益率-5.15%有利子負債／自己資本比率58.1%600234 の長期的なパフォーマンスは？過去の実績と比較を見るView Valuation企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/06/13 00:49終値2026/06/12 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本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、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。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Kexin Development Co.,Ltd,Shanxi 0 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。0
New Risk • May 22New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Chinese stocks, typically moving 10% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (10% average weekly change). Earnings have declined by 17% per year over the past 5 years.
お知らせ • May 19Kexin Development Co.,Ltd,Shanxi, Annual General Meeting, Jun 16, 2026Kexin Development Co.,Ltd,Shanxi, Annual General Meeting, Jun 16, 2026, at 14:30 China Standard Time. Location: The Company's Meeting Room, Shenzhen, Guangdong China
Reported Earnings • Apr 29Full year 2025 earnings released: CN¥0.07 loss per share (vs CN¥0.15 profit in FY 2024)Full year 2025 results: CN¥0.07 loss per share (down from CN¥0.15 profit in FY 2024). Revenue: CN¥384.0m (up 2.5% from FY 2024). Net loss: CN¥17.2m (down 143% from profit in FY 2024). Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has increased by 57% per year, which means it is tracking significantly ahead of earnings growth.
New Risk • Apr 20New 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 8.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company.
Valuation Update With 7 Day Price Move • Apr 14Investor sentiment improves as stock rises 21%After last week's 21% share price gain to CN¥17.62, the stock trades at a trailing P/E ratio of 77.6x. Average trailing P/E is 30x in the Consumer Durables industry in China. Total returns to shareholders of 183% over the past three years.
お知らせ • Mar 30Kexin Development Co.,Ltd,Shanxi to Report Q1, 2026 Results on Apr 29, 2026Kexin Development Co.,Ltd,Shanxi announced that they will report Q1, 2026 results on Apr 29, 2026
New Risk • May 22New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Chinese stocks, typically moving 10% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (10% average weekly change). Earnings have declined by 17% per year over the past 5 years.
お知らせ • May 19Kexin Development Co.,Ltd,Shanxi, Annual General Meeting, Jun 16, 2026Kexin Development Co.,Ltd,Shanxi, Annual General Meeting, Jun 16, 2026, at 14:30 China Standard Time. Location: The Company's Meeting Room, Shenzhen, Guangdong China
Reported Earnings • Apr 29Full year 2025 earnings released: CN¥0.07 loss per share (vs CN¥0.15 profit in FY 2024)Full year 2025 results: CN¥0.07 loss per share (down from CN¥0.15 profit in FY 2024). Revenue: CN¥384.0m (up 2.5% from FY 2024). Net loss: CN¥17.2m (down 143% from profit in FY 2024). Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has increased by 57% per year, which means it is tracking significantly ahead of earnings growth.
New Risk • Apr 20New 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 8.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company.
Valuation Update With 7 Day Price Move • Apr 14Investor sentiment improves as stock rises 21%After last week's 21% share price gain to CN¥17.62, the stock trades at a trailing P/E ratio of 77.6x. Average trailing P/E is 30x in the Consumer Durables industry in China. Total returns to shareholders of 183% over the past three years.
お知らせ • Mar 30Kexin Development Co.,Ltd,Shanxi to Report Q1, 2026 Results on Apr 29, 2026Kexin Development Co.,Ltd,Shanxi announced that they will report Q1, 2026 results on Apr 29, 2026
Valuation Update With 7 Day Price Move • Mar 30Investor sentiment improves as stock rises 20%After last week's 20% share price gain to CN¥15.50, the stock trades at a trailing P/E ratio of 68.3x. Average trailing P/E is 30x in the Consumer Durables industry in China. Total returns to shareholders of 100% over the past three years.
お知らせ • Dec 26Kexin Development Co.,Ltd,Shanxi to Report Fiscal Year 2025 Results on Apr 29, 2026Kexin Development Co.,Ltd,Shanxi announced that they will report fiscal year 2025 results on Apr 29, 2026
New Risk • Dec 17New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Chinese stocks, typically moving 9.1% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. This is currently the only risk that has been identified for the company.
Valuation Update With 7 Day Price Move • Dec 17Investor sentiment improves as stock rises 19%After last week's 19% share price gain to CN¥13.81, the stock trades at a trailing P/E ratio of 60.8x. Average trailing P/E is 29x in the Consumer Durables industry in China. Total returns to shareholders of 93% over the past three years.
Reported Earnings • Oct 31Third quarter 2025 earnings released: EPS: CN¥0.031 (vs CN¥0.071 in 3Q 2024)Third quarter 2025 results: EPS: CN¥0.031 (down from CN¥0.071 in 3Q 2024). Revenue: CN¥133.5m (up 5.5% from 3Q 2024). Net income: CN¥8.20m (down 56% from 3Q 2024). Profit margin: 6.1% (down from 15% in 3Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth.
New Risk • Oct 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 7.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company.
Valuation Update With 7 Day Price Move • Oct 13Investor sentiment improves as stock rises 25%After last week's 25% share price gain to CN¥11.45, the stock trades at a trailing P/E ratio of 43x. Average trailing P/E is 35x in the Consumer Durables industry in China. Total returns to shareholders of 48% over the past three years.
お知らせ • Sep 30Kexin Development Co.,Ltd,Shanxi to Report Q3, 2025 Results on Oct 31, 2025Kexin Development Co.,Ltd,Shanxi announced that they will report Q3, 2025 results on Oct 31, 2025
Reported Earnings • Aug 31Second quarter 2025 earnings released: EPS: CN¥0.081 (vs CN¥0.001 in 2Q 2024)Second quarter 2025 results: EPS: CN¥0.081 (up from CN¥0.001 in 2Q 2024). Revenue: CN¥77.5m (up 187% from 2Q 2024). Net income: CN¥21.2m (up CN¥20.9m from 2Q 2024). Profit margin: 27% (up from 1.1% in 2Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 2% per year whereas the company’s share price has increased by 1% per year.
Valuation Update With 7 Day Price Move • Jul 28Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CN¥9.32, the stock trades at a trailing P/E ratio of 49.9x. Average trailing P/E is 28x in the Consumer Durables industry in China. Total loss to shareholders of 7.0% over the past three years.
New Risk • Jul 09New 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 6.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company.
お知らせ • Jun 30Kexin Development Co.,Ltd,Shanxi to Report First Half, 2025 Results on Aug 29, 2025Kexin Development Co.,Ltd,Shanxi announced that they will report first half, 2025 results on Aug 29, 2025
お知らせ • Jun 09Kexin Development Co.,Ltd,Shanxi, Annual General Meeting, Jun 30, 2025Kexin Development Co.,Ltd,Shanxi, Annual General Meeting, Jun 30, 2025, at 14:30 China Standard Time. Location: The Company's Meeting Room, Shenzhen, Guangdong China
お知らせ • Mar 28Kexin Development Co.,Ltd,Shanxi to Report Q1, 2025 Results on Apr 30, 2025Kexin Development Co.,Ltd,Shanxi announced that they will report Q1, 2025 results on Apr 30, 2025
分析記事 • Mar 14Kexin Development Co.,Ltd,Shanxi's (SHSE:600234) Business Is Yet to Catch Up With Its Share PriceWhen you see that almost half of the companies in the Consumer Durables industry in China have price-to-sales ratios...
分析記事 • Jan 16We're Hopeful That Kexin DevelopmentLtdShanxi (SHSE:600234) Will Use Its Cash WiselyJust because a business does not make any money, does not mean that the stock will go down. For example, biotech and...
お知らせ • Dec 27Kexin Development Co.,Ltd,Shanxi to Report Fiscal Year 2024 Results on Apr 30, 2025Kexin Development Co.,Ltd,Shanxi announced that they will report fiscal year 2024 results on Apr 30, 2025
分析記事 • Dec 12Kexin Development Co.,Ltd,Shanxi (SHSE:600234) Stock Rockets 38% As Investors Are Less Pessimistic Than ExpectedKexin Development Co.,Ltd,Shanxi ( SHSE:600234 ) shares have continued their recent momentum with a 38% gain in the...
Reported Earnings • Oct 30Third quarter 2024 earnings released: EPS: CN¥0.071 (vs CN¥0.016 loss in 3Q 2023)Third quarter 2024 results: EPS: CN¥0.071 (up from CN¥0.016 loss in 3Q 2023). Revenue: CN¥126.5m (up 163% from 3Q 2023). Net income: CN¥18.5m (up CN¥22.7m from 3Q 2023). Profit margin: 15% (up from net loss in 3Q 2023). The move to profitability was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 94 percentage points per year, which is a significant difference in performance.
分析記事 • Oct 28Kexin Development Co.,Ltd,Shanxi (SHSE:600234) Stock Rockets 31% As Investors Are Less Pessimistic Than ExpectedKexin Development Co.,Ltd,Shanxi ( SHSE:600234 ) shares have continued their recent momentum with a 31% gain in the...
お知らせ • Sep 30Kexin Development Co.,Ltd,Shanxi to Report Q3, 2024 Results on Oct 30, 2024Kexin Development Co.,Ltd,Shanxi announced that they will report Q3, 2024 results on Oct 30, 2024
Reported Earnings • Aug 30Second quarter 2024 earnings released: EPS: CN¥0.001 (vs CN¥0.041 loss in 2Q 2023)Second quarter 2024 results: EPS: CN¥0.001 (up from CN¥0.041 loss in 2Q 2023). Revenue: CN¥27.0m (up 93% from 2Q 2023). Net income: CN¥301.8k (up CN¥11.5m from 2Q 2023). Profit margin: 1.1% (up from net loss in 2Q 2023). The move to profitability was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 93 percentage points per year, which is a significant difference in performance.
お知らせ • Aug 28Wang Peng completed the acquisition of 5% stake in Kexin Development Co.,Ltd,Shanxi (SHSE:600234) from Shenzhen Kexin Industrial Holdings Co., Ltd.Wang Peng agreed to acquire 5% stake in Kexin Development Co.,Ltd,Shanxi (SHSE:600234) from Shenzhen Kexin Industrial Holdings Co., Ltd for CNY 36.8 million on August 7, 2024. A consideration valued at CNY 2.8 per share will be paid for 13,126,049 shares. Wang Peng completed the acquisition of 5% stake in Kexin Development Co.,Ltd,Shanxi (SHSE:600234) from Shenzhen Kexin Industrial Holdings Co., Ltd on August 26, 2024.
お知らせ • Jun 28Kexin Development Co.,Ltd,Shanxi to Report First Half, 2024 Results on Aug 30, 2024Kexin Development Co.,Ltd,Shanxi announced that they will report first half, 2024 results on Aug 30, 2024
New Risk • May 17New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: CN¥698.3m (US$96.6m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CN¥60m free cash flow). Share price has been highly volatile over the past 3 months (13% average weekly change). Earnings have declined by 60% per year over the past 5 years. Minor Risk Market cap is less than US$100m (CN¥698.3m market cap, or US$96.6m).
お知らせ • May 15+ 1 more updateKexin Development Co.,Ltd,Shanxi(SHSE:600234) dropped from Shanghai Stock Exchange Composite IndexGuanghe Landscape Culture Communication Co., Ltd. has been from Shanghai Stock Exchange Composite Index
New Risk • Apr 29New major risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -CN¥41m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CN¥41m free cash flow). Share price has been highly volatile over the past 3 months (14% average weekly change). Earnings have declined by 42% per year over the past 5 years.
Reported Earnings • Apr 29Full year 2023 earnings released: CN¥0.65 loss per share (vs CN¥0.074 loss in FY 2022)Full year 2023 results: CN¥0.65 loss per share (further deteriorated from CN¥0.074 loss in FY 2022). Revenue: CN¥70.1m (down 41% from FY 2022). Net loss: CN¥170.6m (loss widened CN¥151.2m from FY 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 110 percentage points per year, which is a significant difference in performance.
分析記事 • Apr 22Some Confidence Is Lacking In Kexin Development Co.,Ltd,Shanxi (SHSE:600234) As Shares Slide 50%The Kexin Development Co.,Ltd,Shanxi ( SHSE:600234 ) share price has fared very poorly over the last month, falling by...
お知らせ • Mar 30Kexin Development Co.,Ltd,Shanxi to Report Q1, 2024 Results on Apr 29, 2024Kexin Development Co.,Ltd,Shanxi announced that they will report Q1, 2024 results on Apr 29, 2024
分析記事 • Mar 08There's Reason For Concern Over Kexin Development Co.,Ltd,Shanxi's (SHSE:600234) Massive 32% Price JumpThose holding Kexin Development Co.,Ltd,Shanxi ( SHSE:600234 ) shares would be relieved that the share price has...
Board Change • Jan 23Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 5 non-independent directors. Independent Director Zhiqiang Zou was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
お知らせ • Dec 29Kexin Development Co.,Ltd,Shanxi to Report Fiscal Year 2023 Results on Apr 29, 2024Kexin Development Co.,Ltd,Shanxi announced that they will report fiscal year 2023 results on Apr 29, 2024
New Risk • Nov 06New major risk - Revenue and earnings growthEarnings have declined by 9.1% per year over the past 5 years. 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 declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. 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. This is currently the only risk that has been identified for the company.
Reported Earnings • Aug 28Second quarter 2023 earnings released: CN¥0.041 loss per share (vs CN¥0.052 profit in 2Q 2022)Second quarter 2023 results: CN¥0.041 loss per share (down from CN¥0.052 profit in 2Q 2022). Revenue: CN¥14.0m (down 69% from 2Q 2022). Net loss: CN¥11.2m (down 187% from profit in 2Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 84 percentage points per year, which is a significant difference in performance.
お知らせ • Jun 28Kexin Development Co.,Ltd,Shanxi to Report First Half, 2023 Results on Aug 28, 2023Kexin Development Co.,Ltd,Shanxi announced that they will report first half, 2023 results on Aug 28, 2023
Reported Earnings • Apr 29Full year 2022 earnings released: CN¥0.074 loss per share (vs CN¥0.056 profit in FY 2021)Full year 2022 results: CN¥0.074 loss per share (down from CN¥0.056 profit in FY 2021). Revenue: CN¥119.5m (down 80% from FY 2021). Net loss: CN¥19.5m (down 255% from profit in FY 2021). Over the last 3 years on average, earnings per share has fallen by 49% per year but the company’s share price has only fallen by 13% per year, which means it has not declined as severely as earnings.
Reported Earnings • Oct 30Third quarter 2022 earnings released: EPS: CN¥0.022 (vs CN¥0.016 in 3Q 2021)Third quarter 2022 results: EPS: CN¥0.022 (up from CN¥0.016 in 3Q 2021). Revenue: CN¥12.3m (down 93% from 3Q 2021). Net income: CN¥5.69m (up 19% from 3Q 2021). Profit margin: 46% (up from 2.8% in 3Q 2021). 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 7% per year.
Reported Earnings • Aug 26Second quarter 2022 earnings released: EPS: CN¥0.052 (vs CN¥0.005 in 2Q 2021)Second quarter 2022 results: EPS: CN¥0.052 (up from CN¥0.005 in 2Q 2021). Revenue: CN¥45.5m (down 76% from 2Q 2021). Net income: CN¥12.8m (up CN¥12.3m from 2Q 2021). Profit margin: 28% (up from 0.3% in 2Q 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Apr 30First quarter 2022 earnings released: CN¥0.07 loss per share (vs CN¥0.02 profit in 1Q 2021)First quarter 2022 results: CN¥0.07 loss per share (down from CN¥0.02 profit in 1Q 2021). Revenue: CN¥36.4m (down 72% from 1Q 2021). Net loss: CN¥19.4m (down CN¥24.1m from profit in 1Q 2021). Over the last 3 years on average, earnings per share has increased by 47% per year but the company’s share price has fallen by 3% 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 16% share price gain to CN¥9.66, the stock trades at a trailing P/E ratio of 68.6x. Average trailing P/E is 25x in the Consumer Durables industry in China. Total returns to shareholders of 17% over the past three years.
Valuation Update With 7 Day Price Move • Dec 15Investor sentiment improved over the past weekAfter last week's 23% share price gain to CN¥11.20, the stock trades at a trailing P/E ratio of 79.5x. Average trailing P/E is 29x in the Consumer Durables industry in China. Total returns to shareholders of 43% over the past three years.
Reported Earnings • Oct 31Third quarter 2021 earnings released: EPS CN¥0.016 (vs CN¥0.13 in 3Q 2020)The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: CN¥169.7m (down 52% from 3Q 2020). Net income: CN¥4.79m (down 81% from 3Q 2020). Profit margin: 2.8% (down from 7.3% in 3Q 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 102% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Aug 29Second quarter 2021 earnings released: EPS CN¥0.005 (vs CN¥0.008 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¥187.0m (up 76% from 2Q 2020). Net income: CN¥570.3k (down 58% from 2Q 2020). Profit margin: 0.3% (down from 1.3% 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 114% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • May 12Investor sentiment improved over the past weekAfter last week's 25% share price gain to CN¥12.68, the stock trades at a trailing P/E ratio of 43.6x. Average trailing P/E is 25x in the Consumer Durables industry in China. Total returns to shareholders of 25% over the past three years.
Reported Earnings • May 05First quarter 2021 earnings released: EPS CN¥0.02 (vs CN¥0.011 in 1Q 2020)The company reported a solid first quarter result with improved earnings and revenues, although profit margins were weaker. First quarter 2021 results: Revenue: CN¥131.4m (up 90% from 1Q 2020). Net income: CN¥4.69m (up 82% from 1Q 2020). Profit margin: 3.6% (down from 3.7% in 1Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 118% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.
Reported Earnings • Mar 26Full year 2020 earnings released: EPS CN¥0.28 (vs CN¥0.08 in FY 2019)The company reported a solid full year result with improved earnings and revenues, although profit margins were weaker. Full year 2020 results: Revenue: CN¥1.11b (up 389% from FY 2019). Net income: CN¥56.3m (up 233% from FY 2019). Profit margin: 5.1% (down from 7.4% in FY 2019). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 115% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings.
Is New 90 Day High Low • Mar 05New 90-day high: CN¥9.51The company is up 2.0% from its price of CN¥9.28 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 Consumer Durables industry, which is up 1.0% over the same period.
お知らせ • Mar 04Guanghe Landscape Culture Communication Co., Ltd. to Report Fiscal Year 2020 Results on Mar 26, 2021Guanghe Landscape Culture Communication Co., Ltd. announced that they will report fiscal year 2020 results on Mar 26, 2021
Is New 90 Day High Low • Feb 03New 90-day low: CN¥8.66The company is down 7.0% from its price of CN¥9.34 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 Consumer Durables industry, which is up 11% over the same period.
お知らせ • Oct 27Guanghe Landscape Culture Communication Co., Ltd. to Report Q3, 2020 Results on Oct 30, 2020Guanghe Landscape Culture Communication Co., Ltd. announced that they will report Q3, 2020 results on Oct 30, 2020
Is New 90 Day High Low • Oct 24New 90-day low: CN¥8.69The company is down 12% from its price of CN¥9.90 on 24 July 2020. The Chinese market is up 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Consumer Durables industry, which is up 9.0% over the same period.
お知らせ • Aug 12Guanghe Landscape Culture Communication Co., Ltd. announced that it expects to receive CNY 479.999993 million in funding from Shenzhen Kexin Industrial Holdings Co., LtdGuanghe Landscape Culture Communication Co., Ltd. (SHSE:600234) announced that it has entered into a share purchase agreement to issue not more than 60,075,093 A shares at a price of CNY 7.99 per share for gross proceeds of not more than CNY 479,999,993.07, not exceeding 30% of the company's total share capital in an equity round of funding from Shenzhen Kexin Industrial Holdings Co., Ltd for 60,075,093 shares on August 11 2020. The shares shall not be transferred within 36 months from the date of the end of the offering. The transaction has been approved at the company's 12th extraordinary meeting of the eight session of board of directors and seventh extraordinary meeting of the eighth board of supervisors, and still need to be approved by company’s general meeting of shareholders and China Securities Regulatory Commission.
お知らせ • Jul 10Guanghe Landscape Culture Communication Co., Ltd. to Report First Half, 2020 Results on Aug 28, 2020Guanghe Landscape Culture Communication Co., Ltd. announced that they will report first half, 2020 results on Aug 28, 2020
