View ValuationBros Eastern.Ltd 将来の成長Future 基準チェック /16Bros Eastern.Ltd利益と収益がそれぞれ年間9.6%と7.3%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9.9% 9.8%なると予測されています。主要情報9.6%収益成長率9.77%EPS成長率Luxury 収益成長19.1%収益成長率7.3%将来の株主資本利益率9.89%アナリストカバレッジLow最終更新日05 May 2026今後の成長に関する最新情報Price Target Changed • Jan 23Price target increased by 11% to CN¥7.15Up from CN¥6.47, the current price target is an average from 3 analysts. New target price is 6.6% above last closing price of CN¥6.71. Stock is up 30% over the past year. The company is forecast to post earnings per share of CN¥0.43 for next year compared to CN¥0.27 last year.Major Estimate Revision • Aug 21Consensus EPS estimates increase by 17%, revenue downgradedThe consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast fell from CN¥8.45b to CN¥8.33b. EPS estimate rose from CN¥0.363 to CN¥0.423. Net income forecast to grow 18% next year vs 21% growth forecast for Luxury industry in China. Consensus price target of CN¥6.47 unchanged from last update. Share price rose 2.3% to CN¥5.72 over the past week.Price Target Changed • Nov 05Price target decreased by 7.3% to CN¥5.89Down from CN¥6.36, the current price target is an average from 4 analysts. New target price is 10% above last closing price of CN¥5.35. Stock is down 2.0% over the past year. The company is forecast to post earnings per share of CN¥0.37 for next year compared to CN¥0.34 last year.Price Target Changed • Sep 03Price target decreased by 9.8% to CN¥5.79Down from CN¥6.42, the current price target is an average from 3 analysts. New target price is 26% above last closing price of CN¥4.58. Stock is down 18% over the past year. The company is forecast to post earnings per share of CN¥0.35 for next year compared to CN¥0.34 last year.Major Estimate Revision • Apr 22Consensus EPS estimates fall by 38%The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate fell from CN¥0.66 to CN¥0.41 per share. Revenue forecast steady at CN¥7.63b. Net income forecast to grow 22% next year vs 35% growth forecast for Luxury industry in China. Consensus price target of CN¥6.55 unchanged from last update. Share price rose 2.4% to CN¥5.65 over the past week.Major Estimate Revision • Nov 09Consensus EPS estimates fall by 19%The consensus outlook for fiscal year 2023 has been updated. 2023 EPS estimate fell from CN¥0.645 to CN¥0.52. Revenue forecast unchanged from CN¥6.58b at last update. Net income forecast to shrink 8.8% next year vs 46% growth forecast for Luxury industry in China . Consensus price target down from CN¥7.30 to CN¥6.75. Share price fell 2.7% to CN¥5.33 over the past week.すべての更新を表示Recent updatesNew Risk • May 03New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 1.7% 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 1.7% per year for the foreseeable future. Minor Risk Dividend is not well covered by earnings (91% payout ratio).Buy Or Sell Opportunity • Apr 22Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 26% to CN¥8.50. The fair value is estimated to be CN¥7.05, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 7.0% over the last 3 years. Earnings per share has declined by 41%. For the next 3 years, revenue is forecast to grow by 7.2% per annum. Earnings are also forecast to grow by 11% per annum over the same time period.Reported Earnings • Apr 17Full year 2025 earnings: EPS and revenues exceed analyst expectationsFull year 2025 results: EPS: CN¥0.44 (up from CN¥0.27 in FY 2024). Revenue: CN¥7.86b (down 1.0% from FY 2024). Net income: CN¥656.1m (up 60% from FY 2024). Profit margin: 8.3% (up from 5.2% in FY 2024). The increase in margin was driven by lower expenses. Revenue exceeded analyst estimates by 1.6%. Earnings per share (EPS) also surpassed analyst estimates by 1.7%. Revenue is forecast to grow 7.0% p.a. on average during the next 2 years, compared to a 9.8% growth forecast for the Luxury industry in China. Over the last 3 years on average, earnings per share has fallen by 41% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings.New Risk • Apr 16New major risk - Revenue and earnings growthEarnings have declined by 15% 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. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 114% Cash payout ratio: 105% Earnings have declined by 15% per year over the past 5 years.お知らせ • Apr 16Bros Eastern.,Ltd, Annual General Meeting, May 12, 2026Bros Eastern.,Ltd, Annual General Meeting, May 12, 2026, at 14:00 China Standard Time. Location: 8F, No. 188, Yongjiang Avenue, Yinzhou District, Ningbo, Zhejiang Chinaお知らせ • Mar 30Bros Eastern.,Ltd to Report Q1, 2026 Results on Apr 28, 2026Bros Eastern.,Ltd announced that they will report Q1, 2026 results on Apr 28, 2026Price Target Changed • Jan 23Price target increased by 11% to CN¥7.15Up from CN¥6.47, the current price target is an average from 3 analysts. New target price is 6.6% above last closing price of CN¥6.71. Stock is up 30% over the past year. The company is forecast to post earnings per share of CN¥0.43 for next year compared to CN¥0.27 last year.お知らせ • Dec 26Bros Eastern.,Ltd to Report Fiscal Year 2025 Results on Apr 16, 2026Bros Eastern.,Ltd announced that they will report fiscal year 2025 results on Apr 16, 2026Reported Earnings • Oct 31Third quarter 2025 earnings released: EPS: CN¥0.11 (vs CN¥0.12 in 3Q 2024)Third quarter 2025 results: EPS: CN¥0.11 (down from CN¥0.12 in 3Q 2024). Revenue: CN¥2.13b (up 2.3% from 3Q 2024). Net income: CN¥159.8m (down 11% from 3Q 2024). Profit margin: 7.5% (down from 8.6% in 3Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 7.8% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Luxury industry in China. Over the last 3 years on average, earnings per share has fallen by 50% per year but the company’s share price has remained flat, which means it is well ahead of earnings.お知らせ • Sep 30Bros Eastern.,Ltd to Report Q3, 2025 Results on Oct 31, 2025Bros Eastern.,Ltd announced that they will report Q3, 2025 results on Oct 31, 2025Major Estimate Revision • Aug 21Consensus EPS estimates increase by 17%, revenue downgradedThe consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast fell from CN¥8.45b to CN¥8.33b. EPS estimate rose from CN¥0.363 to CN¥0.423. Net income forecast to grow 18% next year vs 21% growth forecast for Luxury industry in China. Consensus price target of CN¥6.47 unchanged from last update. Share price rose 2.3% to CN¥5.72 over the past week.Reported Earnings • Aug 17Second quarter 2025 earnings released: EPS: CN¥0.14 (vs CN¥0.12 in 2Q 2024)Second quarter 2025 results: EPS: CN¥0.14 (up from CN¥0.12 in 2Q 2024). Revenue: CN¥1.86b (down 14% from 2Q 2024). Net income: CN¥216.5m (up 42% from 2Q 2024). Profit margin: 12% (up from 7.1% in 2Q 2024). The increase in margin was driven by lower expenses. Revenue is forecast to grow 9.9% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Luxury industry in China. Over the last 3 years on average, earnings per share has fallen by 53% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.お知らせ • Jun 30Bros Eastern.,Ltd to Report First Half, 2025 Results on Aug 15, 2025Bros Eastern.,Ltd announced that they will report first half, 2025 results on Aug 15, 2025Declared Dividend • May 26Dividend reduced to CN¥0.26Dividend of CN¥0.26 is 13% lower than last year. Ex-date: 30th May 2025 Payment date: 30th May 2025 Dividend yield will be 5.2%, which is higher than the industry average of 3.3%. Sustainability & Growth Dividend is covered by both earnings (76% earnings payout ratio) and cash flows (85% cash payout ratio). The dividend has increased by an average of 9.0% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 50% over the next 3 years, which should provide support to the dividend and adequate earnings cover.New Risk • Apr 18New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 44% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by earnings (96% payout ratio). Large one-off items impacting financial results.Reported Earnings • Apr 16Full year 2024 earnings: EPS and revenues miss analyst expectationsFull year 2024 results: EPS: CN¥0.27 (down from CN¥0.34 in FY 2023). Revenue: CN¥7.94b (up 15% from FY 2023). Net income: CN¥410.2m (down 19% from FY 2023). Profit margin: 5.2% (down from 7.3% in FY 2023). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 2.1%. Earnings per share (EPS) also missed analyst estimates by 25%. Revenue is forecast to grow 14% p.a. on average during the next 2 years, compared to a 12% growth forecast for the Luxury industry in China. Over the last 3 years on average, earnings per share has fallen by 47% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings.お知らせ • Apr 16Bros Eastern.,Ltd, Annual General Meeting, May 09, 2025Bros Eastern.,Ltd, Annual General Meeting, May 09, 2025, at 14:00 China Standard Time. Location: 8F, No. 188, Yongjiang Avenue, Yinzhou District, Ningbo, Zhejiang ChinaValuation Update With 7 Day Price Move • Apr 09Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to CN¥4.67, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 13x in the Luxury industry in China. Total loss to shareholders of 4.5% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥3.02 per share.お知らせ • Mar 28Bros Eastern.,Ltd to Report Q1, 2025 Results on Apr 30, 2025Bros Eastern.,Ltd announced that they will report Q1, 2025 results on Apr 30, 2025分析記事 • Jan 03These 4 Measures Indicate That Bros Eastern.Ltd (SHSE:601339) Is Using Debt Reasonably WellLegendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...お知らせ • Dec 27Bros Eastern.,Ltd to Report Fiscal Year 2024 Results on Apr 16, 2025Bros Eastern.,Ltd announced that they will report fiscal year 2024 results on Apr 16, 2025分析記事 • Dec 08Here's What's Concerning About Bros Eastern.Ltd's (SHSE:601339) Returns On CapitalWhat underlying fundamental trends can indicate that a company might be in decline? When we see a declining return on...分析記事 • Nov 06Bros Eastern.Ltd's (SHSE:601339) Problems Go Beyond Weak ProfitBros Eastern.,Ltd's ( SHSE:601339 ) recent weak earnings report didn't cause a big stock movement. However, we believe...Price Target Changed • Nov 05Price target decreased by 7.3% to CN¥5.89Down from CN¥6.36, the current price target is an average from 4 analysts. New target price is 10% above last closing price of CN¥5.35. Stock is down 2.0% over the past year. The company is forecast to post earnings per share of CN¥0.37 for next year compared to CN¥0.34 last year.Reported Earnings • Oct 31Third quarter 2024 earnings released: EPS: CN¥0.12 (vs CN¥0.19 in 3Q 2023)Third quarter 2024 results: EPS: CN¥0.12 (down from CN¥0.19 in 3Q 2023). Revenue: CN¥2.09b (up 11% from 3Q 2023). Net income: CN¥179.9m (down 36% from 3Q 2023). Profit margin: 8.6% (down from 15% in 3Q 2023). Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Luxury industry in China. Over the last 3 years on average, earnings per share has fallen by 35% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.お知らせ • Sep 30Bros Eastern.,Ltd to Report Q3, 2024 Results on Oct 31, 2024Bros Eastern.,Ltd announced that they will report Q3, 2024 results on Oct 31, 2024Valuation Update With 7 Day Price Move • Sep 30Investor sentiment improves as stock rises 15%After last week's 15% share price gain to CN¥5.30, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 12x in the Luxury industry in China. Total returns to shareholders of 23% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥5.14 per share.分析記事 • Sep 26Estimating The Intrinsic Value Of Bros Eastern.,Ltd (SHSE:601339)Key Insights Bros Eastern.Ltd's estimated fair value is CN¥5.09 based on 2 Stage Free Cash Flow to Equity Current share...Price Target Changed • Sep 03Price target decreased by 9.8% to CN¥5.79Down from CN¥6.42, the current price target is an average from 3 analysts. New target price is 26% above last closing price of CN¥4.58. Stock is down 18% over the past year. The company is forecast to post earnings per share of CN¥0.35 for next year compared to CN¥0.34 last year.Reported Earnings • Aug 27Second quarter 2024 earnings released: EPS: CN¥0.12 (vs CN¥0.12 in 2Q 2023)Second quarter 2024 results: EPS: CN¥0.12. Revenue: CN¥2.15b (up 24% from 2Q 2023). Net income: CN¥152.5m (down 19% from 2Q 2023). Profit margin: 7.1% (down from 11% in 2Q 2023). Revenue is forecast to grow 6.4% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Luxury industry in China.分析記事 • Jul 24Is Bros Eastern.Ltd (SHSE:601339) A Risky Investment?Warren Buffett famously said, 'Volatility is far from synonymous with risk.' When we think about how risky a company...お知らせ • Jun 28Bros Eastern.,Ltd to Report First Half, 2024 Results on Aug 27, 2024Bros Eastern.,Ltd announced that they will report first half, 2024 results on Aug 27, 2024Declared Dividend • Jun 01Dividend reduced to CN¥0.30Dividend of CN¥0.30 is 40% lower than last year. Ex-date: 5th June 2024 Payment date: 5th June 2024 Dividend yield will be 5.4%, which is higher than the industry average of 3.3%. Sustainability & Growth Dividend is not adequately covered by earnings (92% earnings payout ratio). However, it is well covered by cash flows (46% 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. The company's earnings per share (EPS) would need to grow by 2.2% to bring the payout ratio under control. EPS is expected to grow by 97% over the next 3 years, which is sufficient to bring the dividend into a sustainable range.New Risk • May 04New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 33% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by earnings (92% payout ratio). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (6.9% net profit margin).Reported Earnings • May 04First quarter 2024 earnings released: EPS: CN¥0.05 (vs CN¥0.06 in 1Q 2023)First quarter 2024 results: EPS: CN¥0.05 (down from CN¥0.06 in 1Q 2023). Revenue: CN¥1.83b (up 24% from 1Q 2023). Net income: CN¥80.3m (down 4.5% from 1Q 2023). Profit margin: 4.4% (down from 5.7% in 1Q 2023). Revenue is forecast to grow 7.2% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Luxury industry in China. Over the last 3 years on average, earnings per share has fallen by 5% per year whereas the company’s share price has fallen by 2% per year.分析記事 • Apr 22Weak Statutory Earnings May Not Tell The Whole Story For Bros Eastern.Ltd (SHSE:601339)A lackluster earnings announcement from Bros Eastern.,Ltd ( SHSE:601339 ) last week didn't sink the stock price...Major Estimate Revision • Apr 22Consensus EPS estimates fall by 38%The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate fell from CN¥0.66 to CN¥0.41 per share. Revenue forecast steady at CN¥7.63b. Net income forecast to grow 22% next year vs 35% growth forecast for Luxury industry in China. Consensus price target of CN¥6.55 unchanged from last update. Share price rose 2.4% to CN¥5.65 over the past week.Reported Earnings • Apr 18Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2023 results: EPS: CN¥0.34 (down from CN¥1.06 in FY 2022). Revenue: CN¥6.91b (down 1.1% from FY 2022). Net income: CN¥504.0m (down 68% from FY 2022). Profit margin: 7.3% (down from 22% in FY 2022). The decrease in margin was primarily driven by higher expenses. Revenue exceeded analyst estimates by 4.2%. Earnings per share (EPS) missed analyst estimates by 17%. Revenue is forecast to grow 8.1% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Luxury industry in China. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.お知らせ • Apr 16Bros Eastern.,Ltd, Annual General Meeting, May 10, 2024Bros Eastern.,Ltd, Annual General Meeting, May 10, 2024, at 14:00 China Standard Time. Location: The Company's Meeting Room, Ningbo, Zhejiang Chinaお知らせ • Mar 29Bros Eastern.,Ltd to Report Q1, 2024 Results on Apr 30, 2024Bros Eastern.,Ltd announced that they will report Q1, 2024 results on Apr 30, 2024分析記事 • Mar 28Is Bros Eastern.Ltd (SHSE:601339) Using Too Much Debt?David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...分析記事 • Mar 04Bros Eastern.,Ltd's (SHSE:601339) Business And Shares Still Trailing The MarketBros Eastern.,Ltd's ( SHSE:601339 ) price-to-earnings (or "P/E") ratio of 7.3x might make it look like a strong buy...お知らせ • Dec 30Bros Eastern.,Ltd to Report Fiscal Year 2023 Results on Apr 16, 2024Bros Eastern.,Ltd announced that they will report fiscal year 2023 results on Apr 16, 2024Major Estimate Revision • Nov 09Consensus EPS estimates fall by 19%The consensus outlook for fiscal year 2023 has been updated. 2023 EPS estimate fell from CN¥0.645 to CN¥0.52. Revenue forecast unchanged from CN¥6.58b at last update. Net income forecast to shrink 8.8% next year vs 46% growth forecast for Luxury industry in China . Consensus price target down from CN¥7.30 to CN¥6.75. Share price fell 2.7% to CN¥5.33 over the past week.Reported Earnings • Oct 29Third quarter 2023 earnings released: EPS: CN¥0.19 (vs CN¥0.17 in 3Q 2022)Third quarter 2023 results: EPS: CN¥0.19 (up from CN¥0.17 in 3Q 2022). Revenue: CN¥1.87b (up 6.2% from 3Q 2022). Net income: CN¥279.8m (up 7.0% from 3Q 2022). Profit margin: 15% (in line with 3Q 2022). Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Luxury industry in China. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth.お知らせ • Sep 30Bros Eastern.,Ltd to Report Q3, 2023 Results on Oct 31, 2023Bros Eastern.,Ltd announced that they will report Q3, 2023 results on Oct 31, 2023Major Estimate Revision • Aug 24Consensus EPS estimates fall by 27%The consensus outlook for earnings per share (EPS) in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from CN¥7.00b to CN¥6.51b. EPS estimate also fell from CN¥0.888 per share to CN¥0.645 per share. Net income forecast to grow 6.7% next year vs 39% growth forecast for Luxury industry in China. Consensus price target down from CN¥8.55 to CN¥7.30. Share price was steady at CN¥5.58 over the past week.Price Target Changed • Aug 24Price target decreased by 15% to CN¥7.30Down from CN¥8.55, the current price target is an average from 2 analysts. New target price is 31% above last closing price of CN¥5.58. Stock is down 0.4% over the past year. The company is forecast to post earnings per share of CN¥0.65 for next year compared to CN¥1.06 last year.Reported Earnings • Aug 18Second quarter 2023 earnings released: EPS: CN¥0.12 (vs CN¥0.30 in 2Q 2022)Second quarter 2023 results: EPS: CN¥0.12 (down from CN¥0.30 in 2Q 2022). Revenue: CN¥1.73b (down 13% from 2Q 2022). Net income: CN¥189.0m (down 56% from 2Q 2022). Profit margin: 11% (down from 22% in 2Q 2022). Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Luxury industry in China. Over the last 3 years on average, earnings per share has increased by 46% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth.お知らせ • Jun 28Bros Eastern.,Ltd to Report First Half, 2023 Results on Aug 18, 2023Bros Eastern.,Ltd announced that they will report first half, 2023 results on Aug 18, 2023Reported Earnings • Apr 11Full year 2022 earnings released: EPS: CN¥1.08 (vs CN¥0.93 in FY 2021)Full year 2022 results: EPS: CN¥1.08 (up from CN¥0.93 in FY 2021). Revenue: CN¥6.99b (down 10% from FY 2021). Net income: CN¥1.60b (up 16% from FY 2021). Profit margin: 23% (up from 18% in FY 2021). The increase in margin was driven by lower expenses. Revenue is forecast to grow 13% p.a. on average during the next 2 years, compared to a 17% growth forecast for the Luxury industry in China. 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 25% per year, which means it is significantly lagging earnings growth.Price Target Changed • Mar 24Price target increased by 20% to CN¥8.18Up from CN¥6.83, the current price target is an average from 2 analysts. New target price is 12% above last closing price of CN¥7.32. Stock is up 16% over the past year. The company is forecast to post earnings per share of CN¥1.07 for next year compared to CN¥0.93 last year.Valuation Update With 7 Day Price Move • Mar 23Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CN¥7.48, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 15x in the Luxury industry in China. Total returns to shareholders of 110% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥4.42 per share.Valuation Update With 7 Day Price Move • Feb 08Investor sentiment improves as stock rises 17%After last week's 17% share price gain to CN¥6.61, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 14x in the Luxury industry in China. Total returns to shareholders of 107% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥4.30 per share.Board Change • Nov 16Less 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. 6 non-independent directors. Independent Director Jianming Xia 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.Reported Earnings • Oct 28Third quarter 2022 earnings released: EPS: CN¥0.17 (vs CN¥0.17 in 3Q 2021)Third quarter 2022 results: EPS: CN¥0.17 (up from CN¥0.17 in 3Q 2021). Revenue: CN¥1.76b (up 7.8% from 3Q 2021). Net income: CN¥261.6m (up 8.5% from 3Q 2021). Profit margin: 15% (in line with 3Q 2021). Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 19% growth forecast for the Luxury industry in China. Over the last 3 years on average, earnings per share has increased by 72% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth.Reported Earnings • Jul 31Second quarter 2022 earnings released: EPS: CN¥0.30 (vs CN¥0.22 in 2Q 2021)Second quarter 2022 results: EPS: CN¥0.30 (up from CN¥0.22 in 2Q 2021). Revenue: CN¥1.99b (down 2.8% from 2Q 2021). Net income: CN¥432.0m (up 32% from 2Q 2021). Profit margin: 22% (up from 16% in 2Q 2021). The increase in margin was driven by lower expenses. Over the next year, revenue is forecast to grow 31%, compared to a 22% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has increased by 72% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Jun 20Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to CN¥5.16, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 11x in the Luxury industry in China. Total returns to shareholders of 28% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥5.91 per share.Board Change • Apr 27Less 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 not an independent director. The company's board is composed of: 1 new director. 5 experienced directors. 6 highly experienced directors. 4 independent directors (7 non-independent directors). Independent Director Qian Yabin was the last independent director to join the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Reported Earnings • Mar 03Full year 2021 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2021 results: EPS: CN¥0.94 (up from CN¥0.25 in FY 2020). Revenue: CN¥7.68b (up 25% from FY 2020). Net income: CN¥1.38b (up 278% from FY 2020). Profit margin: 18% (up from 6.0% in FY 2020). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 3.4%. Earnings per share (EPS) exceeded analyst estimates by 27%. Over the next year, revenue is forecast to grow 18%, compared to a 44% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has increased by 49% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth.Reported Earnings • Oct 27Third quarter 2021 earnings released: EPS CN¥0.17 (vs CN¥0.03 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: CN¥1.64b (up 5.7% from 3Q 2020). Net income: CN¥241.1m (up 464% from 3Q 2020). Profit margin: 15% (up from 2.8% in 3Q 2020). The increase in margin was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Oct 12Investor sentiment improved over the past weekAfter last week's 22% share price gain to CN¥6.61, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 15x in the Luxury industry in China. Total returns to shareholders of 44% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥3.64 per share.Reported Earnings • Jul 29Second quarter 2021 earnings released: EPS CN¥0.22 (vs CN¥0.041 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CN¥2.05b (up 61% from 2Q 2020). Net income: CN¥327.5m (up 404% from 2Q 2020). Profit margin: 16% (up from 5.1% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 1% per year whereas the company’s share price has increased by 2% per year.Valuation Update With 7 Day Price Move • Jul 05Investor sentiment improved over the past weekAfter last week's 23% share price gain to CN¥6.48, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 19x in the Luxury industry in China. Total returns to shareholders of 31% over the past three years.Reported Earnings • Apr 16Full year 2020 earnings released: EPS CN¥0.25 (vs CN¥0.20 in FY 2019)The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: CN¥6.13b (down 1.4% from FY 2019). Net income: CN¥378.7m (up 27% from FY 2019). Profit margin: 6.2% (up from 4.8% in FY 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.Is New 90 Day High Low • Feb 20New 90-day high: CN¥4.43The company is up 1.0% from its price of CN¥4.38 on 20 November 2020. The Chinese market is up 9.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Luxury industry, which is down 11% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥18.45 per share.Is New 90 Day High Low • Jan 27New 90-day low: CN¥3.87The company is down 11% from its price of CN¥4.33 on 29 October 2020. The Chinese market is up 9.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Luxury industry, which is down 12% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥18.72 per share.Reported Earnings • Nov 01Third quarter earnings releasedOver the last 12 months the company has reported total profits of CN¥180.3m, down 33% from the prior year. Total revenue was CN¥5.83b over the last 12 months, down 3.0% from the prior year.Valuation Update With 7 Day Price Move • Oct 31Market pulls back on stock over the past weekAfter last week's 18% share price decline to CN¥4.06, the stock is trading at a trailing P/E ratio of 29x, down from the previous P/E ratio of 35.2x. This compares to an average P/E of 33x in the Luxury industry in China. Total return to shareholders over the past three years is a loss of 21%.お知らせ • Oct 30Bros Eastern Co.,Ltd to Report Q3, 2020 Results on Oct 31, 2020Bros Eastern Co.,Ltd announced that they will report Q3, 2020 results on Oct 31, 2020Valuation Update With 7 Day Price Move • Oct 28Market pulls back on stock over the past weekAfter last week's 15% share price decline to CN¥4.44, the stock is trading at a trailing P/E ratio of 31.7x, down from the previous P/E ratio of 37.4x. This compares to an average P/E of 29x in the Luxury industry in China. Total return to shareholders over the past three years is a loss of 15%.Valuation Update With 7 Day Price Move • Oct 15Market bids up stock over the past weekAfter last week's 22% share price gain to CN¥4.49, the stock is trading at a trailing P/E ratio of 32.1x, up from the previous P/E ratio of 26.3x. This compares to an average P/E of 29x in the Luxury industry in China. Total return to shareholders over the past three years is a loss of 18%.Is New 90 Day High Low • Oct 14New 90-day high: CN¥4.08The company is up 15% from its price of CN¥3.56 on 16 July 2020. The Chinese market is flat over the last 90 days, indicating the company outperformed over that time. It also outperformed the Luxury industry, which is down 1.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥19.26 per share.お知らせ • Jul 09Bros Eastern Co.,Ltd to Report First Half, 2020 Results on Aug 25, 2020Bros Eastern Co.,Ltd announced that they will report first half, 2020 results on Aug 25, 2020業績と収益の成長予測SHSE:601339 - 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12/31/202810,0609617831,005312/31/20279,292940628966512/31/20268,9249083384143/31/20268,1187251,6591,820N/A12/31/20257,8616569401,088N/A9/30/20257,592547429736N/A6/30/20257,543567231536N/A3/31/20257,838503461744N/A12/31/20247,9414101,1021,383N/A9/30/20247,8963641,4481,427N/A6/30/20247,6834641,6371,540N/A3/31/20247,2625009771,249N/A12/31/20236,914504467809N/A9/30/20236,3541,077-962-759N/A6/30/20236,2451,059-1,336-764N/A3/31/20236,5001,302-741-226N/A12/31/20226,9891,563-293246N/A9/30/20227,9451,6171,3402,094N/A6/30/20227,8181,5971,2671,896N/A3/31/20227,8751,4929831,379N/A12/31/20217,7741,3718881,453N/A9/30/20217,5129798021,489N/A6/30/20217,4237801,1211,568N/A3/31/20216,6465181,0361,518N/A12/31/20206,1353669101,215N/A9/30/20205,8321801,3051,455N/A6/30/20205,9892101,1951,837N/A3/31/20206,0662465861,398N/A12/31/20196,222298N/A957N/A9/30/20196,009269N/A-10N/A6/30/20195,920336N/A-812N/A3/31/20196,173473N/A-786N/A12/31/20185,998438N/A-560N/A9/30/20185,945566N/A-102N/A6/30/20185,832505N/A124N/A3/31/20185,918462N/A648N/A12/31/20175,952488N/A373N/A9/30/20175,947594N/A485N/A6/30/20175,914613N/A826N/A3/31/20175,720619N/A1,056N/A12/31/20165,472605N/A1,388N/A9/30/20165,293488N/A1,119N/A6/30/20165,140398N/A937N/A3/31/20165,027344N/A300N/A12/31/20155,016365N/A114N/A9/30/20154,900350N/A121N/A6/30/20154,798500N/A-374N/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: 601339の予測収益成長率 (年間9.6% ) は 貯蓄率 ( 2.4% ) を上回っています。収益対市場: 601339の収益 ( 9.6% ) CN市場 ( 27.2% ) よりも低い成長が予測されています。高成長収益: 601339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: 601339の収益 ( 7.3% ) CN市場 ( 16.2% ) よりも低い成長が予測されています。高い収益成長: 601339の収益 ( 7.3% ) 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: 601339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 ( 9.9 %)。成長企業の発掘7D1Y7D1Y7D1YConsumer-durables 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2026/05/21 02:09終値2026/05/21 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Bros Eastern.,Ltd 5 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。9 アナリスト機関Jichuan LinChina International Capital Corporation LimitedJie ChenChina International Capital Corporation LimitedXiyuan SongChina International Capital Corporation Limited6 その他のアナリストを表示
Price Target Changed • Jan 23Price target increased by 11% to CN¥7.15Up from CN¥6.47, the current price target is an average from 3 analysts. New target price is 6.6% above last closing price of CN¥6.71. Stock is up 30% over the past year. The company is forecast to post earnings per share of CN¥0.43 for next year compared to CN¥0.27 last year.
Major Estimate Revision • Aug 21Consensus EPS estimates increase by 17%, revenue downgradedThe consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast fell from CN¥8.45b to CN¥8.33b. EPS estimate rose from CN¥0.363 to CN¥0.423. Net income forecast to grow 18% next year vs 21% growth forecast for Luxury industry in China. Consensus price target of CN¥6.47 unchanged from last update. Share price rose 2.3% to CN¥5.72 over the past week.
Price Target Changed • Nov 05Price target decreased by 7.3% to CN¥5.89Down from CN¥6.36, the current price target is an average from 4 analysts. New target price is 10% above last closing price of CN¥5.35. Stock is down 2.0% over the past year. The company is forecast to post earnings per share of CN¥0.37 for next year compared to CN¥0.34 last year.
Price Target Changed • Sep 03Price target decreased by 9.8% to CN¥5.79Down from CN¥6.42, the current price target is an average from 3 analysts. New target price is 26% above last closing price of CN¥4.58. Stock is down 18% over the past year. The company is forecast to post earnings per share of CN¥0.35 for next year compared to CN¥0.34 last year.
Major Estimate Revision • Apr 22Consensus EPS estimates fall by 38%The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate fell from CN¥0.66 to CN¥0.41 per share. Revenue forecast steady at CN¥7.63b. Net income forecast to grow 22% next year vs 35% growth forecast for Luxury industry in China. Consensus price target of CN¥6.55 unchanged from last update. Share price rose 2.4% to CN¥5.65 over the past week.
Major Estimate Revision • Nov 09Consensus EPS estimates fall by 19%The consensus outlook for fiscal year 2023 has been updated. 2023 EPS estimate fell from CN¥0.645 to CN¥0.52. Revenue forecast unchanged from CN¥6.58b at last update. Net income forecast to shrink 8.8% next year vs 46% growth forecast for Luxury industry in China . Consensus price target down from CN¥7.30 to CN¥6.75. Share price fell 2.7% to CN¥5.33 over the past week.
New Risk • May 03New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 1.7% 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 1.7% per year for the foreseeable future. Minor Risk Dividend is not well covered by earnings (91% payout ratio).
Buy Or Sell Opportunity • Apr 22Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 26% to CN¥8.50. The fair value is estimated to be CN¥7.05, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 7.0% over the last 3 years. Earnings per share has declined by 41%. For the next 3 years, revenue is forecast to grow by 7.2% per annum. Earnings are also forecast to grow by 11% per annum over the same time period.
Reported Earnings • Apr 17Full year 2025 earnings: EPS and revenues exceed analyst expectationsFull year 2025 results: EPS: CN¥0.44 (up from CN¥0.27 in FY 2024). Revenue: CN¥7.86b (down 1.0% from FY 2024). Net income: CN¥656.1m (up 60% from FY 2024). Profit margin: 8.3% (up from 5.2% in FY 2024). The increase in margin was driven by lower expenses. Revenue exceeded analyst estimates by 1.6%. Earnings per share (EPS) also surpassed analyst estimates by 1.7%. Revenue is forecast to grow 7.0% p.a. on average during the next 2 years, compared to a 9.8% growth forecast for the Luxury industry in China. Over the last 3 years on average, earnings per share has fallen by 41% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings.
New Risk • Apr 16New major risk - Revenue and earnings growthEarnings have declined by 15% 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. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 114% Cash payout ratio: 105% Earnings have declined by 15% per year over the past 5 years.
お知らせ • Apr 16Bros Eastern.,Ltd, Annual General Meeting, May 12, 2026Bros Eastern.,Ltd, Annual General Meeting, May 12, 2026, at 14:00 China Standard Time. Location: 8F, No. 188, Yongjiang Avenue, Yinzhou District, Ningbo, Zhejiang China
お知らせ • Mar 30Bros Eastern.,Ltd to Report Q1, 2026 Results on Apr 28, 2026Bros Eastern.,Ltd announced that they will report Q1, 2026 results on Apr 28, 2026
Price Target Changed • Jan 23Price target increased by 11% to CN¥7.15Up from CN¥6.47, the current price target is an average from 3 analysts. New target price is 6.6% above last closing price of CN¥6.71. Stock is up 30% over the past year. The company is forecast to post earnings per share of CN¥0.43 for next year compared to CN¥0.27 last year.
お知らせ • Dec 26Bros Eastern.,Ltd to Report Fiscal Year 2025 Results on Apr 16, 2026Bros Eastern.,Ltd announced that they will report fiscal year 2025 results on Apr 16, 2026
Reported Earnings • Oct 31Third quarter 2025 earnings released: EPS: CN¥0.11 (vs CN¥0.12 in 3Q 2024)Third quarter 2025 results: EPS: CN¥0.11 (down from CN¥0.12 in 3Q 2024). Revenue: CN¥2.13b (up 2.3% from 3Q 2024). Net income: CN¥159.8m (down 11% from 3Q 2024). Profit margin: 7.5% (down from 8.6% in 3Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 7.8% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Luxury industry in China. Over the last 3 years on average, earnings per share has fallen by 50% per year but the company’s share price has remained flat, which means it is well ahead of earnings.
お知らせ • Sep 30Bros Eastern.,Ltd to Report Q3, 2025 Results on Oct 31, 2025Bros Eastern.,Ltd announced that they will report Q3, 2025 results on Oct 31, 2025
Major Estimate Revision • Aug 21Consensus EPS estimates increase by 17%, revenue downgradedThe consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast fell from CN¥8.45b to CN¥8.33b. EPS estimate rose from CN¥0.363 to CN¥0.423. Net income forecast to grow 18% next year vs 21% growth forecast for Luxury industry in China. Consensus price target of CN¥6.47 unchanged from last update. Share price rose 2.3% to CN¥5.72 over the past week.
Reported Earnings • Aug 17Second quarter 2025 earnings released: EPS: CN¥0.14 (vs CN¥0.12 in 2Q 2024)Second quarter 2025 results: EPS: CN¥0.14 (up from CN¥0.12 in 2Q 2024). Revenue: CN¥1.86b (down 14% from 2Q 2024). Net income: CN¥216.5m (up 42% from 2Q 2024). Profit margin: 12% (up from 7.1% in 2Q 2024). The increase in margin was driven by lower expenses. Revenue is forecast to grow 9.9% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Luxury industry in China. Over the last 3 years on average, earnings per share has fallen by 53% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.
お知らせ • Jun 30Bros Eastern.,Ltd to Report First Half, 2025 Results on Aug 15, 2025Bros Eastern.,Ltd announced that they will report first half, 2025 results on Aug 15, 2025
Declared Dividend • May 26Dividend reduced to CN¥0.26Dividend of CN¥0.26 is 13% lower than last year. Ex-date: 30th May 2025 Payment date: 30th May 2025 Dividend yield will be 5.2%, which is higher than the industry average of 3.3%. Sustainability & Growth Dividend is covered by both earnings (76% earnings payout ratio) and cash flows (85% cash payout ratio). The dividend has increased by an average of 9.0% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 50% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
New Risk • Apr 18New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 44% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by earnings (96% payout ratio). Large one-off items impacting financial results.
Reported Earnings • Apr 16Full year 2024 earnings: EPS and revenues miss analyst expectationsFull year 2024 results: EPS: CN¥0.27 (down from CN¥0.34 in FY 2023). Revenue: CN¥7.94b (up 15% from FY 2023). Net income: CN¥410.2m (down 19% from FY 2023). Profit margin: 5.2% (down from 7.3% in FY 2023). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 2.1%. Earnings per share (EPS) also missed analyst estimates by 25%. Revenue is forecast to grow 14% p.a. on average during the next 2 years, compared to a 12% growth forecast for the Luxury industry in China. Over the last 3 years on average, earnings per share has fallen by 47% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings.
お知らせ • Apr 16Bros Eastern.,Ltd, Annual General Meeting, May 09, 2025Bros Eastern.,Ltd, Annual General Meeting, May 09, 2025, at 14:00 China Standard Time. Location: 8F, No. 188, Yongjiang Avenue, Yinzhou District, Ningbo, Zhejiang China
Valuation Update With 7 Day Price Move • Apr 09Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to CN¥4.67, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 13x in the Luxury industry in China. Total loss to shareholders of 4.5% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥3.02 per share.
お知らせ • Mar 28Bros Eastern.,Ltd to Report Q1, 2025 Results on Apr 30, 2025Bros Eastern.,Ltd announced that they will report Q1, 2025 results on Apr 30, 2025
分析記事 • Jan 03These 4 Measures Indicate That Bros Eastern.Ltd (SHSE:601339) Is Using Debt Reasonably WellLegendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
お知らせ • Dec 27Bros Eastern.,Ltd to Report Fiscal Year 2024 Results on Apr 16, 2025Bros Eastern.,Ltd announced that they will report fiscal year 2024 results on Apr 16, 2025
分析記事 • Dec 08Here's What's Concerning About Bros Eastern.Ltd's (SHSE:601339) Returns On CapitalWhat underlying fundamental trends can indicate that a company might be in decline? When we see a declining return on...
分析記事 • Nov 06Bros Eastern.Ltd's (SHSE:601339) Problems Go Beyond Weak ProfitBros Eastern.,Ltd's ( SHSE:601339 ) recent weak earnings report didn't cause a big stock movement. However, we believe...
Price Target Changed • Nov 05Price target decreased by 7.3% to CN¥5.89Down from CN¥6.36, the current price target is an average from 4 analysts. New target price is 10% above last closing price of CN¥5.35. Stock is down 2.0% over the past year. The company is forecast to post earnings per share of CN¥0.37 for next year compared to CN¥0.34 last year.
Reported Earnings • Oct 31Third quarter 2024 earnings released: EPS: CN¥0.12 (vs CN¥0.19 in 3Q 2023)Third quarter 2024 results: EPS: CN¥0.12 (down from CN¥0.19 in 3Q 2023). Revenue: CN¥2.09b (up 11% from 3Q 2023). Net income: CN¥179.9m (down 36% from 3Q 2023). Profit margin: 8.6% (down from 15% in 3Q 2023). Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Luxury industry in China. Over the last 3 years on average, earnings per share has fallen by 35% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.
お知らせ • Sep 30Bros Eastern.,Ltd to Report Q3, 2024 Results on Oct 31, 2024Bros Eastern.,Ltd announced that they will report Q3, 2024 results on Oct 31, 2024
Valuation Update With 7 Day Price Move • Sep 30Investor sentiment improves as stock rises 15%After last week's 15% share price gain to CN¥5.30, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 12x in the Luxury industry in China. Total returns to shareholders of 23% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥5.14 per share.
分析記事 • Sep 26Estimating The Intrinsic Value Of Bros Eastern.,Ltd (SHSE:601339)Key Insights Bros Eastern.Ltd's estimated fair value is CN¥5.09 based on 2 Stage Free Cash Flow to Equity Current share...
Price Target Changed • Sep 03Price target decreased by 9.8% to CN¥5.79Down from CN¥6.42, the current price target is an average from 3 analysts. New target price is 26% above last closing price of CN¥4.58. Stock is down 18% over the past year. The company is forecast to post earnings per share of CN¥0.35 for next year compared to CN¥0.34 last year.
Reported Earnings • Aug 27Second quarter 2024 earnings released: EPS: CN¥0.12 (vs CN¥0.12 in 2Q 2023)Second quarter 2024 results: EPS: CN¥0.12. Revenue: CN¥2.15b (up 24% from 2Q 2023). Net income: CN¥152.5m (down 19% from 2Q 2023). Profit margin: 7.1% (down from 11% in 2Q 2023). Revenue is forecast to grow 6.4% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Luxury industry in China.
分析記事 • Jul 24Is Bros Eastern.Ltd (SHSE:601339) A Risky Investment?Warren Buffett famously said, 'Volatility is far from synonymous with risk.' When we think about how risky a company...
お知らせ • Jun 28Bros Eastern.,Ltd to Report First Half, 2024 Results on Aug 27, 2024Bros Eastern.,Ltd announced that they will report first half, 2024 results on Aug 27, 2024
Declared Dividend • Jun 01Dividend reduced to CN¥0.30Dividend of CN¥0.30 is 40% lower than last year. Ex-date: 5th June 2024 Payment date: 5th June 2024 Dividend yield will be 5.4%, which is higher than the industry average of 3.3%. Sustainability & Growth Dividend is not adequately covered by earnings (92% earnings payout ratio). However, it is well covered by cash flows (46% 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. The company's earnings per share (EPS) would need to grow by 2.2% to bring the payout ratio under control. EPS is expected to grow by 97% over the next 3 years, which is sufficient to bring the dividend into a sustainable range.
New Risk • May 04New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 33% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by earnings (92% payout ratio). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (6.9% net profit margin).
Reported Earnings • May 04First quarter 2024 earnings released: EPS: CN¥0.05 (vs CN¥0.06 in 1Q 2023)First quarter 2024 results: EPS: CN¥0.05 (down from CN¥0.06 in 1Q 2023). Revenue: CN¥1.83b (up 24% from 1Q 2023). Net income: CN¥80.3m (down 4.5% from 1Q 2023). Profit margin: 4.4% (down from 5.7% in 1Q 2023). Revenue is forecast to grow 7.2% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Luxury industry in China. Over the last 3 years on average, earnings per share has fallen by 5% per year whereas the company’s share price has fallen by 2% per year.
分析記事 • Apr 22Weak Statutory Earnings May Not Tell The Whole Story For Bros Eastern.Ltd (SHSE:601339)A lackluster earnings announcement from Bros Eastern.,Ltd ( SHSE:601339 ) last week didn't sink the stock price...
Major Estimate Revision • Apr 22Consensus EPS estimates fall by 38%The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate fell from CN¥0.66 to CN¥0.41 per share. Revenue forecast steady at CN¥7.63b. Net income forecast to grow 22% next year vs 35% growth forecast for Luxury industry in China. Consensus price target of CN¥6.55 unchanged from last update. Share price rose 2.4% to CN¥5.65 over the past week.
Reported Earnings • Apr 18Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2023 results: EPS: CN¥0.34 (down from CN¥1.06 in FY 2022). Revenue: CN¥6.91b (down 1.1% from FY 2022). Net income: CN¥504.0m (down 68% from FY 2022). Profit margin: 7.3% (down from 22% in FY 2022). The decrease in margin was primarily driven by higher expenses. Revenue exceeded analyst estimates by 4.2%. Earnings per share (EPS) missed analyst estimates by 17%. Revenue is forecast to grow 8.1% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Luxury industry in China. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.
お知らせ • Apr 16Bros Eastern.,Ltd, Annual General Meeting, May 10, 2024Bros Eastern.,Ltd, Annual General Meeting, May 10, 2024, at 14:00 China Standard Time. Location: The Company's Meeting Room, Ningbo, Zhejiang China
お知らせ • Mar 29Bros Eastern.,Ltd to Report Q1, 2024 Results on Apr 30, 2024Bros Eastern.,Ltd announced that they will report Q1, 2024 results on Apr 30, 2024
分析記事 • Mar 28Is Bros Eastern.Ltd (SHSE:601339) Using Too Much Debt?David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
分析記事 • Mar 04Bros Eastern.,Ltd's (SHSE:601339) Business And Shares Still Trailing The MarketBros Eastern.,Ltd's ( SHSE:601339 ) price-to-earnings (or "P/E") ratio of 7.3x might make it look like a strong buy...
お知らせ • Dec 30Bros Eastern.,Ltd to Report Fiscal Year 2023 Results on Apr 16, 2024Bros Eastern.,Ltd announced that they will report fiscal year 2023 results on Apr 16, 2024
Major Estimate Revision • Nov 09Consensus EPS estimates fall by 19%The consensus outlook for fiscal year 2023 has been updated. 2023 EPS estimate fell from CN¥0.645 to CN¥0.52. Revenue forecast unchanged from CN¥6.58b at last update. Net income forecast to shrink 8.8% next year vs 46% growth forecast for Luxury industry in China . Consensus price target down from CN¥7.30 to CN¥6.75. Share price fell 2.7% to CN¥5.33 over the past week.
Reported Earnings • Oct 29Third quarter 2023 earnings released: EPS: CN¥0.19 (vs CN¥0.17 in 3Q 2022)Third quarter 2023 results: EPS: CN¥0.19 (up from CN¥0.17 in 3Q 2022). Revenue: CN¥1.87b (up 6.2% from 3Q 2022). Net income: CN¥279.8m (up 7.0% from 3Q 2022). Profit margin: 15% (in line with 3Q 2022). Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Luxury industry in China. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth.
お知らせ • Sep 30Bros Eastern.,Ltd to Report Q3, 2023 Results on Oct 31, 2023Bros Eastern.,Ltd announced that they will report Q3, 2023 results on Oct 31, 2023
Major Estimate Revision • Aug 24Consensus EPS estimates fall by 27%The consensus outlook for earnings per share (EPS) in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from CN¥7.00b to CN¥6.51b. EPS estimate also fell from CN¥0.888 per share to CN¥0.645 per share. Net income forecast to grow 6.7% next year vs 39% growth forecast for Luxury industry in China. Consensus price target down from CN¥8.55 to CN¥7.30. Share price was steady at CN¥5.58 over the past week.
Price Target Changed • Aug 24Price target decreased by 15% to CN¥7.30Down from CN¥8.55, the current price target is an average from 2 analysts. New target price is 31% above last closing price of CN¥5.58. Stock is down 0.4% over the past year. The company is forecast to post earnings per share of CN¥0.65 for next year compared to CN¥1.06 last year.
Reported Earnings • Aug 18Second quarter 2023 earnings released: EPS: CN¥0.12 (vs CN¥0.30 in 2Q 2022)Second quarter 2023 results: EPS: CN¥0.12 (down from CN¥0.30 in 2Q 2022). Revenue: CN¥1.73b (down 13% from 2Q 2022). Net income: CN¥189.0m (down 56% from 2Q 2022). Profit margin: 11% (down from 22% in 2Q 2022). Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Luxury industry in China. Over the last 3 years on average, earnings per share has increased by 46% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth.
お知らせ • Jun 28Bros Eastern.,Ltd to Report First Half, 2023 Results on Aug 18, 2023Bros Eastern.,Ltd announced that they will report first half, 2023 results on Aug 18, 2023
Reported Earnings • Apr 11Full year 2022 earnings released: EPS: CN¥1.08 (vs CN¥0.93 in FY 2021)Full year 2022 results: EPS: CN¥1.08 (up from CN¥0.93 in FY 2021). Revenue: CN¥6.99b (down 10% from FY 2021). Net income: CN¥1.60b (up 16% from FY 2021). Profit margin: 23% (up from 18% in FY 2021). The increase in margin was driven by lower expenses. Revenue is forecast to grow 13% p.a. on average during the next 2 years, compared to a 17% growth forecast for the Luxury industry in China. 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 25% per year, which means it is significantly lagging earnings growth.
Price Target Changed • Mar 24Price target increased by 20% to CN¥8.18Up from CN¥6.83, the current price target is an average from 2 analysts. New target price is 12% above last closing price of CN¥7.32. Stock is up 16% over the past year. The company is forecast to post earnings per share of CN¥1.07 for next year compared to CN¥0.93 last year.
Valuation Update With 7 Day Price Move • Mar 23Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CN¥7.48, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 15x in the Luxury industry in China. Total returns to shareholders of 110% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥4.42 per share.
Valuation Update With 7 Day Price Move • Feb 08Investor sentiment improves as stock rises 17%After last week's 17% share price gain to CN¥6.61, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 14x in the Luxury industry in China. Total returns to shareholders of 107% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥4.30 per share.
Board Change • Nov 16Less 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. 6 non-independent directors. Independent Director Jianming Xia 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.
Reported Earnings • Oct 28Third quarter 2022 earnings released: EPS: CN¥0.17 (vs CN¥0.17 in 3Q 2021)Third quarter 2022 results: EPS: CN¥0.17 (up from CN¥0.17 in 3Q 2021). Revenue: CN¥1.76b (up 7.8% from 3Q 2021). Net income: CN¥261.6m (up 8.5% from 3Q 2021). Profit margin: 15% (in line with 3Q 2021). Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 19% growth forecast for the Luxury industry in China. Over the last 3 years on average, earnings per share has increased by 72% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Jul 31Second quarter 2022 earnings released: EPS: CN¥0.30 (vs CN¥0.22 in 2Q 2021)Second quarter 2022 results: EPS: CN¥0.30 (up from CN¥0.22 in 2Q 2021). Revenue: CN¥1.99b (down 2.8% from 2Q 2021). Net income: CN¥432.0m (up 32% from 2Q 2021). Profit margin: 22% (up from 16% in 2Q 2021). The increase in margin was driven by lower expenses. Over the next year, revenue is forecast to grow 31%, compared to a 22% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has increased by 72% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Jun 20Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to CN¥5.16, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 11x in the Luxury industry in China. Total returns to shareholders of 28% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥5.91 per share.
Board Change • Apr 27Less 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 not an independent director. The company's board is composed of: 1 new director. 5 experienced directors. 6 highly experienced directors. 4 independent directors (7 non-independent directors). Independent Director Qian Yabin was the last independent director to join the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Reported Earnings • Mar 03Full year 2021 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2021 results: EPS: CN¥0.94 (up from CN¥0.25 in FY 2020). Revenue: CN¥7.68b (up 25% from FY 2020). Net income: CN¥1.38b (up 278% from FY 2020). Profit margin: 18% (up from 6.0% in FY 2020). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 3.4%. Earnings per share (EPS) exceeded analyst estimates by 27%. Over the next year, revenue is forecast to grow 18%, compared to a 44% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has increased by 49% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Oct 27Third quarter 2021 earnings released: EPS CN¥0.17 (vs CN¥0.03 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: CN¥1.64b (up 5.7% from 3Q 2020). Net income: CN¥241.1m (up 464% from 3Q 2020). Profit margin: 15% (up from 2.8% in 3Q 2020). The increase in margin was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Oct 12Investor sentiment improved over the past weekAfter last week's 22% share price gain to CN¥6.61, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 15x in the Luxury industry in China. Total returns to shareholders of 44% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥3.64 per share.
Reported Earnings • Jul 29Second quarter 2021 earnings released: EPS CN¥0.22 (vs CN¥0.041 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CN¥2.05b (up 61% from 2Q 2020). Net income: CN¥327.5m (up 404% from 2Q 2020). Profit margin: 16% (up from 5.1% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 1% per year whereas the company’s share price has increased by 2% per year.
Valuation Update With 7 Day Price Move • Jul 05Investor sentiment improved over the past weekAfter last week's 23% share price gain to CN¥6.48, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 19x in the Luxury industry in China. Total returns to shareholders of 31% over the past three years.
Reported Earnings • Apr 16Full year 2020 earnings released: EPS CN¥0.25 (vs CN¥0.20 in FY 2019)The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: CN¥6.13b (down 1.4% from FY 2019). Net income: CN¥378.7m (up 27% from FY 2019). Profit margin: 6.2% (up from 4.8% in FY 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.
Is New 90 Day High Low • Feb 20New 90-day high: CN¥4.43The company is up 1.0% from its price of CN¥4.38 on 20 November 2020. The Chinese market is up 9.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Luxury industry, which is down 11% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥18.45 per share.
Is New 90 Day High Low • Jan 27New 90-day low: CN¥3.87The company is down 11% from its price of CN¥4.33 on 29 October 2020. The Chinese market is up 9.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Luxury industry, which is down 12% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥18.72 per share.
Reported Earnings • Nov 01Third quarter earnings releasedOver the last 12 months the company has reported total profits of CN¥180.3m, down 33% from the prior year. Total revenue was CN¥5.83b over the last 12 months, down 3.0% from the prior year.
Valuation Update With 7 Day Price Move • Oct 31Market pulls back on stock over the past weekAfter last week's 18% share price decline to CN¥4.06, the stock is trading at a trailing P/E ratio of 29x, down from the previous P/E ratio of 35.2x. This compares to an average P/E of 33x in the Luxury industry in China. Total return to shareholders over the past three years is a loss of 21%.
お知らせ • Oct 30Bros Eastern Co.,Ltd to Report Q3, 2020 Results on Oct 31, 2020Bros Eastern Co.,Ltd announced that they will report Q3, 2020 results on Oct 31, 2020
Valuation Update With 7 Day Price Move • Oct 28Market pulls back on stock over the past weekAfter last week's 15% share price decline to CN¥4.44, the stock is trading at a trailing P/E ratio of 31.7x, down from the previous P/E ratio of 37.4x. This compares to an average P/E of 29x in the Luxury industry in China. Total return to shareholders over the past three years is a loss of 15%.
Valuation Update With 7 Day Price Move • Oct 15Market bids up stock over the past weekAfter last week's 22% share price gain to CN¥4.49, the stock is trading at a trailing P/E ratio of 32.1x, up from the previous P/E ratio of 26.3x. This compares to an average P/E of 29x in the Luxury industry in China. Total return to shareholders over the past three years is a loss of 18%.
Is New 90 Day High Low • Oct 14New 90-day high: CN¥4.08The company is up 15% from its price of CN¥3.56 on 16 July 2020. The Chinese market is flat over the last 90 days, indicating the company outperformed over that time. It also outperformed the Luxury industry, which is down 1.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥19.26 per share.
お知らせ • Jul 09Bros Eastern Co.,Ltd to Report First Half, 2020 Results on Aug 25, 2020Bros Eastern Co.,Ltd announced that they will report first half, 2020 results on Aug 25, 2020