View ValuationLancy 将来の成長Future 基準チェック /06Lancyの収益は年間15.5%で減少すると予測されていますが、年間収益は年間5.5%で増加すると予測されています。EPS は年間 減少すると予測されています。自己資本利益率は 3 年後に13.3% 15.7%なると予測されています。主要情報-15.5%収益成長率-15.68%EPS成長率Luxury 収益成長20.0%収益成長率5.5%将来の株主資本利益率13.30%アナリストカバレッジLow最終更新日07 May 2026今後の成長に関する最新情報Price Target Changed • Jan 30Price target decreased by 11% to CN¥27.00Down from CN¥30.50, the current price target is provided by 1 analyst. New target price is 56% above last closing price of CN¥17.35. Stock is down 39% over the past year. The company is forecast to post earnings per share of CN¥0.52 for next year compared to CN¥0.036 last year.Price Target Changed • Nov 16Price target increased to CN¥27.10Up from CN¥10.00, the current price target is provided by 1 analyst. New target price is 22% above last closing price of CN¥22.20. Stock is down 40% over the past year. The company is forecast to post earnings per share of CN¥0.14 for next year compared to CN¥0.42 last year.すべての更新を表示Recent updatesValuation Update With 7 Day Price Move • May 27Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to CN¥13.77, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 14x in the Luxury industry in China. Total loss to shareholders of 34% over the past three years.Declared Dividend • May 25Dividend of CN¥1.20 announcedShareholders will receive a dividend of CN¥1.20. Ex-date: 26th May 2026 Payment date: 26th May 2026 Dividend yield will be 7.2%, which is higher than the industry average of 3.3%. Sustainability & Growth Dividend is covered by earnings (56% earnings payout ratio) but not covered by cash flows (160% cash payout ratio). The dividend has increased by an average of 28% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to decline by 40% over the next 3 years. Since a fall of 38% would increase the payout ratio to a potentially unsustainable range, the dividend may be at risk.New Risk • May 09New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 15% 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 15% per year for the foreseeable future. Minor Risk Dividend is not well covered by cash flows (160% cash payout ratio).Reported Earnings • Apr 25Full year 2025 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2025 results: EPS: CN¥2.26 (up from CN¥0.58 in FY 2024). Revenue: CN¥6.00b (up 5.5% from FY 2024). Net income: CN¥999.3m (up 289% from FY 2024). Profit margin: 17% (up from 4.5% in FY 2024). The increase in margin was primarily driven by lower expenses. Revenue missed analyst estimates by 7.8%. Earnings per share (EPS) exceeded analyst estimates by 157%. Over the last 3 years on average, earnings per share has increased by 75% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings.お知らせ • Apr 25Lancy Co., Ltd., Annual General Meeting, May 15, 2026Lancy Co., Ltd., Annual General Meeting, May 15, 2026, at 14:00 China Standard Time. Location: The Company's Meeting Room, Beijing Chinaお知らせ • Mar 31Lancy Co., Ltd. to Report Q1, 2026 Results on Apr 29, 2026Lancy Co., Ltd. announced that they will report Q1, 2026 results on Apr 29, 2026Board Change • Feb 01Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. 2 highly experienced directors. Non-Independent Director Heng Zhao was the last director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.お知らせ • Dec 31Lancy Co., Ltd. to Report Fiscal Year 2025 Results on Apr 25, 2026Lancy Co., Ltd. announced that they will report fiscal year 2025 results on Apr 25, 2026Valuation Update With 7 Day Price Move • Nov 05Investor sentiment improves as stock rises 18%After last week's 18% share price gain to CN¥20.32, the stock trades at a forward P/E ratio of 30x. Average forward P/E is 16x in the Luxury industry in China. Negligible returns to shareholders over past three years.Reported Earnings • Oct 30Third quarter 2025 earnings released: EPS: CN¥1.62 (vs CN¥0.13 in 3Q 2024)Third quarter 2025 results: EPS: CN¥1.62 (up from CN¥0.13 in 3Q 2024). Revenue: CN¥1.54b (up 3.4% from 3Q 2024). Net income: CN¥714.7m (up CN¥657.2m from 3Q 2024). Profit margin: 46% (up from 3.9% in 3Q 2024). The increase in margin was primarily driven by lower expenses. Revenue is forecast to grow 14% 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 increased by 73% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.New Risk • Oct 30New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 54% 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 54% per year for the foreseeable future. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.お知らせ • Sep 30Lancy Co., Ltd. to Report Q3, 2025 Results on Oct 30, 2025Lancy Co., Ltd. announced that they will report Q3, 2025 results on Oct 30, 2025New Risk • Sep 05New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 2.1% 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 2.1% per year for the foreseeable future. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.お知らせ • Jul 02Lancy Co., Ltd. to Report First Half, 2025 Results on Aug 29, 2025Lancy Co., Ltd. announced that they will report first half, 2025 results on Aug 29, 2025Declared Dividend • May 17Dividend reduced to CN¥0.40Dividend of CN¥0.40 is 11% lower than last year. Ex-date: 22nd May 2025 Payment date: 22nd May 2025 Dividend yield will be 2.4%, which is lower than the industry average of 3.3%. Sustainability & Growth Dividend is covered by both earnings (68% earnings payout ratio) and cash flows (48% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 23% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Buy Or Sell Opportunity • Apr 07Now 27% undervalued after recent price dropOver the last 90 days, the stock has fallen 7.6% to CN¥14.56. The fair value is estimated to be CN¥19.82, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Earnings per share has grown by 34%. Revenue is forecast to grow by 29% in 2 years. Earnings are forecast to grow by 60% in the next 2 years.お知らせ • Apr 04Lancy Co., Ltd. Proposes Final Cash Dividend for 2024Lancy Co., Ltd. announced on 03 April 2025 the profit distribution proposal for 2024 as follows: Final Cash dividend (tax included): CNY 4.00000000 per ten shares.Reported Earnings • Apr 03Full year 2024 earnings: EPS and revenues miss analyst expectationsFull year 2024 results: EPS: CN¥0.58 (up from CN¥0.51 in FY 2023). Revenue: CN¥5.69b (up 11% from FY 2023). Net income: CN¥257.2m (up 14% from FY 2023). Profit margin: 4.5% (up from 4.4% in FY 2023). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 3.7%. Earnings per share (EPS) also missed analyst estimates by 14%. Revenue is forecast to grow 13% 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 increased by 34% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings.お知らせ • Apr 03Lancy Co., Ltd., Annual General Meeting, Apr 25, 2025Lancy Co., Ltd., Annual General Meeting, Apr 25, 2025, at 14:00 China Standard Time. Location: The Company's Meeting Room, Beijing Chinaお知らせ • Mar 31Lancy Co., Ltd. to Report Q1, 2025 Results on Apr 29, 2025Lancy Co., Ltd. announced that they will report Q1, 2025 results on Apr 29, 2025分析記事 • Mar 12Should You Investigate Lancy Co., Ltd. (SZSE:002612) At CN¥15.72?Lancy Co., Ltd. ( SZSE:002612 ), might not be a large cap stock, but it received a lot of attention from a substantial...分析記事 • Jan 13Not Many Are Piling Into Lancy Co., Ltd. (SZSE:002612) Stock Yet As It Plummets 25%Lancy Co., Ltd. ( SZSE:002612 ) shareholders won't be pleased to see that the share price has had a very rough month...お知らせ • Dec 31Lancy Co., Ltd. to Report Fiscal Year 2024 Results on Apr 03, 2025Lancy Co., Ltd. announced that they will report fiscal year 2024 results on Apr 03, 2025分析記事 • Dec 16We Like These Underlying Return On Capital Trends At Lancy (SZSE:002612)To find a multi-bagger stock, what are the underlying trends we should look for in a business? In a perfect world, we'd...分析記事 • Dec 02These 4 Measures Indicate That Lancy (SZSE:002612) Is Using Debt Reasonably WellLegendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...分析記事 • Nov 10Lancy Co., Ltd. (SZSE:002612) Screens Well But There Might Be A CatchWith a median price-to-earnings (or "P/E") ratio of close to 36x in China, you could be forgiven for feeling...Reported Earnings • Oct 26Third quarter 2024 earnings released: EPS: CN¥0.13 (vs CN¥0.14 in 3Q 2023)Third quarter 2024 results: EPS: CN¥0.13 (down from CN¥0.14 in 3Q 2023). Revenue: CN¥1.49b (up 7.8% from 3Q 2023). Net income: CN¥57.5m (down 3.7% from 3Q 2023). Profit margin: 3.9% (down from 4.3% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 14% 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 increased by 19% per year but the company’s share price has fallen by 26% per year, which means it is significantly lagging earnings.分析記事 • Oct 09An Intrinsic Calculation For Lancy Co., Ltd. (SZSE:002612) Suggests It's 35% UndervaluedKey Insights Lancy's estimated fair value is CN¥24.06 based on 2 Stage Free Cash Flow to Equity Lancy's CN¥15.67 share...お知らせ • Sep 30Lancy Co., Ltd. to Report Q3, 2024 Results on Oct 26, 2024Lancy Co., Ltd. announced that they will report Q3, 2024 results on Oct 26, 2024Valuation Update With 7 Day Price Move • Sep 27Investor sentiment improves as stock rises 19%After last week's 19% share price gain to CN¥15.24, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 12x in the Luxury industry in China. Total loss to shareholders of 41% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥23.82 per share.Reported Earnings • Aug 29Second quarter 2024 earnings released: EPS: CN¥0.16 (vs CN¥0.16 in 2Q 2023)Second quarter 2024 results: EPS: CN¥0.16 (down from CN¥0.16 in 2Q 2023). Revenue: CN¥1.29b (up 9.8% from 2Q 2023). Net income: CN¥69.6m (down 3.5% from 2Q 2023). Profit margin: 5.4% (down from 6.1% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 13% 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 increased by 6% per year but the company’s share price has fallen by 25% per year, which means it is significantly lagging earnings.分析記事 • Jul 24Fewer Investors Than Expected Jumping On Lancy Co., Ltd. (SZSE:002612)Lancy Co., Ltd.'s ( SZSE:002612 ) price-to-earnings (or "P/E") ratio of 24.1x might make it look like a buy right now...Buy Or Sell Opportunity • Jul 02Now 26% undervalued after recent price dropOver the last 90 days, the stock has fallen 19% to CN¥13.91. The fair value is estimated to be CN¥18.82, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 16% over the last 3 years, while earnings per share has been flat. Revenue is forecast to grow by 29% in 2 years. Earnings are forecast to grow by 68% in the next 2 years.お知らせ • Jun 29Lancy Co., Ltd. to Report First Half, 2024 Results on Aug 29, 2024Lancy Co., Ltd. announced that they will report first half, 2024 results on Aug 29, 2024分析記事 • Jun 21We Like These Underlying Return On Capital Trends At Lancy (SZSE:002612)If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...Buy Or Sell Opportunity • Jun 20Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 18% to CN¥14.50. The fair value is estimated to be CN¥18.39, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 16% over the last 3 years, while earnings per share has been flat. Revenue is forecast to grow by 29% in 2 years. Earnings are forecast to grow by 68% in the next 2 years.分析記事 • May 29Here's Why Lancy (SZSE:002612) Can Manage Its Debt ResponsiblyWarren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...お知らせ • May 29Lancy Co., Ltd. Announces Cash Final Dividend on A Shares for 2023, Payable on 31 May 2024Lancy Co., Ltd. announced 2023 final profit distribution plan to be implemented (A shares): Cash dividend/10 shares (tax included): CNY 4.50000000. Record date: 30 May 2024. Ex-date: 31 May 2024. Payment date: 31 May 2024.Reported Earnings • Apr 25Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2023 results: EPS: CN¥0.51 (up from CN¥0.048 in FY 2022). Revenue: CN¥5.15b (up 24% from FY 2022). Net income: CN¥225.1m (up CN¥203.7m from FY 2022). Profit margin: 4.4% (up from 0.5% in FY 2022). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 4.7%. Earnings per share (EPS) missed analyst estimates by 1.8%. Revenue is forecast to grow 12% 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 fallen by 12% per year but the company’s share price has fallen by 33% per year, which means it is performing significantly worse than earnings.お知らせ • Apr 23Lancy Co., Ltd., Annual General Meeting, May 15, 2024Lancy Co., Ltd., Annual General Meeting, May 15, 2024, at 14:00 China Standard Time. Location: The Company's Meeting Room, Beijing Chinaお知らせ • Mar 30Lancy Co., Ltd. to Report Q1, 2024 Results on Apr 30, 2024Lancy Co., Ltd. announced that they will report Q1, 2024 results on Apr 30, 2024分析記事 • Mar 25Is Lancy Co., Ltd. (SZSE:002612) Potentially Undervalued?Lancy Co., Ltd. ( SZSE:002612 ), might not be a large cap stock, but it saw a double-digit share price rise of over 10...分析記事 • Feb 28Here's What To Make Of Lancy's (SZSE:002612) Decelerating Rates Of ReturnDid you know there are some financial metrics that can provide clues of a potential multi-bagger? Amongst other things...Price Target Changed • Jan 30Price target decreased by 11% to CN¥27.00Down from CN¥30.50, the current price target is provided by 1 analyst. New target price is 56% above last closing price of CN¥17.35. Stock is down 39% over the past year. The company is forecast to post earnings per share of CN¥0.52 for next year compared to CN¥0.036 last year.お知らせ • Dec 30Lancy Co., Ltd. to Report Fiscal Year 2023 Results on Apr 23, 2024Lancy Co., Ltd. announced that they will report fiscal year 2023 results on Apr 23, 2024Reported Earnings • Nov 01Third quarter 2023 earnings released: EPS: CN¥0.14 (vs CN¥0.019 in 3Q 2022)Third quarter 2023 results: EPS: CN¥0.14 (up from CN¥0.019 in 3Q 2022). Revenue: CN¥1.38b (up 62% from 3Q 2022). Net income: CN¥59.7m (up CN¥51.5m from 3Q 2022). Profit margin: 4.3% (up from 1.0% in 3Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 17% growth forecast for the Luxury industry in China. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 25% per year, which means it is well ahead of earnings.Reported Earnings • Aug 30Second quarter 2023 earnings released: EPS: CN¥0.16 (vs CN¥0.026 in 2Q 2022)Second quarter 2023 results: EPS: CN¥0.16 (up from CN¥0.026 in 2Q 2022). Revenue: CN¥1.17b (up 28% from 2Q 2022). Net income: CN¥72.1m (up CN¥60.6m from 2Q 2022). Profit margin: 6.1% (up from 1.3% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 14% 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 6% per year but the company’s share price has increased by 29% per year, which means it is tracking significantly ahead of earnings growth.Board Change • Aug 18High number of new and inexperienced directorsThere are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. 1 experienced director. 4 highly experienced directors. Employee Representative Supervisor Wei Yun Liu is the most experienced director on the board, commencing their role in 2013. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.Buying Opportunity • Jun 21Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 1.5%. The fair value is estimated to be CN¥29.31, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Earnings per share has grown by 15%. Revenue is forecast to grow by 38% in 2 years. Earnings is forecast to grow by 261% in the next 2 years.Buying Opportunity • May 29Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 19%. The fair value is estimated to be CN¥29.52, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Earnings per share has grown by 15%. Revenue is forecast to grow by 38% in 2 years. Earnings is forecast to grow by 260% in the next 2 years.Reported Earnings • Apr 29First quarter 2023 earnings released: EPS: CN¥0.14 (vs CN¥0.005 loss in 1Q 2022)First quarter 2023 results: EPS: CN¥0.14 (up from CN¥0.005 loss in 1Q 2022). Revenue: CN¥1.14b (up 27% from 1Q 2022). Net income: CN¥62.0m (up CN¥64.3m from 1Q 2022). Profit margin: 5.4% (up from net loss in 1Q 2022). The move to profitability was driven by higher revenue. Revenue is forecast to grow 15% 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 15% per year but the company’s share price has increased by 56% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Jan 17Lancy Co., Ltd. Approves Management AppointmentsLancy Co., Ltd. at its Extraordinary General Meeting held on 13 January 2023, approved election of Zhao Heng as non-independent director; election of Chen Lijing as independent director; and election of Yan Xuefei and Meng Jia as non-employee supervisors.Board Change • Jan 01Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 4 highly experienced directors. Independent Director Qing Wang was the last director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.Buying Opportunity • Nov 22Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 30%. The fair value is estimated to be CN¥26.87, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Earnings per share has grown by 21%. Revenue is forecast to grow by 36% in 2 years. Earnings is forecast to grow by 409% in the next 2 years.Price Target Changed • Nov 16Price target increased to CN¥27.10Up from CN¥10.00, the current price target is provided by 1 analyst. New target price is 22% above last closing price of CN¥22.20. Stock is down 40% over the past year. The company is forecast to post earnings per share of CN¥0.14 for next year compared to CN¥0.42 last year.Reported Earnings • Oct 30Third quarter 2022 earnings released: EPS: CN¥0.019 (vs CN¥0.15 in 3Q 2021)Third quarter 2022 results: EPS: CN¥0.019 (down from CN¥0.15 in 3Q 2021). Revenue: CN¥855.1m (flat on 3Q 2021). Net income: CN¥8.28m (down 87% from 3Q 2021). Profit margin: 1.0% (down from 7.5% in 3Q 2021). Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Luxury industry in China. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has increased by 30% per year, which means it is tracking significantly ahead of earnings growth.Reported Earnings • Aug 17Second quarter 2022 earnings released: EPS: CN¥0.026 (vs CN¥0.13 in 2Q 2021)Second quarter 2022 results: EPS: CN¥0.026 (down from CN¥0.13 in 2Q 2021). Revenue: CN¥914.9m (up 1.9% from 2Q 2021). Net income: CN¥11.5m (down 80% from 2Q 2021). Profit margin: 1.3% (down from 6.5% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 19%, compared to a 22% growth forecast for the Luxury industry in China. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has increased by 54% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Jun 03Lancy Co., Ltd. Announces Final Dividend on A Shares for the Year 2021, Payable on June 10, 2022Lancy Co., Ltd. announced final cash dividend/10 shares (tax included) of CNY 0.70000000 on A shares for the year 2021. Record date is June 9, 2022. Ex-date is June 10, 2022. Payment date is June 10, 2022.お知らせ • May 17Lancy Co., Ltd. Approves Final Cash Dividend for Year 2021Lancy Co., Ltd. approved final cash dividend (tax included) of CNY 0.70000000 per 10 shares for 2021.Board Change • Apr 27Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Director Qing Wang was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.お知らせ • Apr 26Lancy Co., Ltd. Proposes Final Cash Dividend for 2021Lancy Co., Ltd. proposed final cash dividend (tax included) of CNY 0.70000000 per 10 shares for 2021.Valuation Update With 7 Day Price Move • Mar 14Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to CN¥24.57, the stock trades at a forward P/E ratio of 34x. Average forward P/E is 13x in the Luxury industry in China. Total returns to shareholders of 151% over the past three years.Reported Earnings • Oct 31Third quarter 2021 earnings released: EPS CN¥0.15 (vs CN¥0.12 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: CN¥861.3m (up 12% from 3Q 2020). Net income: CN¥64.7m (up 22% from 3Q 2020). Profit margin: 7.5% (up from 6.9% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has increased by 64% per year, which means it is well ahead of earnings.Valuation Update With 7 Day Price Move • Oct 18Investor sentiment improved over the past weekAfter last week's 15% share price gain to CN¥37.10, the stock trades at a forward P/E ratio of 55x. Average forward P/E is 15x in the Luxury industry in China. Total returns to shareholders of 349% over the past three years.Valuation Update With 7 Day Price Move • Oct 04Investor sentiment deteriorated over the past weekAfter last week's 18% share price decline to CN¥26.60, the stock trades at a forward P/E ratio of 40x. Average forward P/E is 15x in the Luxury industry in China. Total returns to shareholders of 198% over the past three years.お知らせ • May 21Lancy Co., Ltd. Approves Cash Dividend for the Year 2020Lancy Co., Ltd. at its annual general meeting held on May 19, 2021, approved cash dividend per ten shares (tax included) of CNY 3.00000000 for the year 2020.お知らせ • Apr 27Lancy Co., Ltd. Announces Final Profit Distribution Proposal for 2020Lancy Co., Ltd. announced final profit distribution proposal of CNY 3.00000000 per 10 shares (tax included) for 2020.Reported Earnings • Apr 25Full year 2020 earnings released: EPS CN¥0.32 (vs CN¥0.14 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¥2.88b (down 4.4% from FY 2019). Net income: CN¥142.0m (up 142% from FY 2019). Profit margin: 4.9% (up from 2.0% 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 56% per year but the company’s share price has increased by 57% per year, which means it is well ahead of earnings.Is New 90 Day High Low • Feb 20New 90-day high: CN¥29.80The company is up 94% from its price of CN¥15.33 on 20 November 2020. The Chinese market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Luxury industry, which is down 11% over the same period.Is New 90 Day High Low • Dec 29New 90-day high: CN¥24.88The company is up 183% from its price of CN¥8.78 on 30 September 2020. The Chinese market is up 5.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Luxury industry, which is down 4.0% over the same period.Is New 90 Day High Low • Dec 09New 90-day high: CN¥17.58The company is up 82% from its price of CN¥9.64 on 10 September 2020. The Chinese market is up 5.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Luxury industry, which is flat over the same period.Is New 90 Day High Low • Nov 19New 90-day high: CN¥17.03The company is up 68% from its price of CN¥10.15 on 21 August 2020. The Chinese market is down 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Luxury industry, which is up 1.0% over the same period.Is New 90 Day High Low • Nov 04New 90-day high: CN¥10.87The company is up 7.0% from its price of CN¥10.17 on 06 August 2020. The Chinese market is down 5.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Luxury industry, which is down 4.0% over the same period.Reported Earnings • Oct 30Third quarter earnings releasedOver the last 12 months the company has reported total losses of CN¥48.3m, with earnings decreasing by CN¥229.9m from the prior year. Total revenue was CN¥2.88b over the last 12 months, up 2.8% from the prior year.Is New 90 Day High Low • Sep 28New 90-day low: CN¥8.67The company is down 15% from its price of CN¥10.18 on 30 June 2020. The Chinese market is up 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Luxury industry, which is up 6.0% over the same period.お知らせ • Aug 04Lancy Co., Ltd. to Report First Half, 2020 Results on Aug 25, 2020Lancy 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SZSE:002612 - 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12/31/20287,230595N/A665112/31/20276,903471N/A619112/31/20266,605375N/A42113/31/20266,175951331431N/A12/31/20256,003999340445N/A9/30/20255,9121,040452574N/A6/30/20255,749370403537N/A3/31/20255,756268376528N/A12/31/20245,837261421578N/A9/30/20245,876245441592N/A6/30/20246,086271619767N/A3/31/20245,965273722861N/A12/31/20235,705254749880N/A9/30/20235,228213463603N/A6/30/20234,764157450586N/A3/31/20234,45393283430N/A1/1/20234,1362185268N/A9/30/20224,20844255450N/A6/30/20223,94795223424N/A3/31/20223,880137219414N/A1/1/20223,833173334509N/A9/30/20213,530250274457N/A6/30/20213,437238193356N/A3/31/20213,182180208349N/A12/31/20202,876142249379N/A9/30/20202,875-48177264N/A6/30/20202,838-33641724N/A3/31/20202,8723558646N/A12/31/20193,00759N/A597N/A9/30/20192,794183N/A643N/A6/30/20192,762188N/A28N/A3/31/20192,738203N/A129N/A12/31/20182,662210N/A54N/A9/30/20182,705270N/A71N/A6/30/20182,594245N/A215N/A3/31/20182,463213N/A145N/A12/31/20172,353188N/A129N/A9/30/20172,186184N/A131N/A6/30/20171,952180N/A124N/A3/31/20171,637172N/A138N/A12/31/20161,368164N/A132N/A9/30/20161,134109N/A-119N/A6/30/20161,04870N/A-147N/A3/31/20161,08465N/A95N/A12/31/20151,14474N/A151N/A9/30/20151,18781N/A397N/A6/30/20151,18767N/A341N/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: 002612の収益は今後 3 年間で減少すると予測されています (年間-15.5% )。収益対市場: 002612の収益は今後 3 年間で減少すると予測されています (年間-15.5% )。高成長収益: 002612の収益は今後 3 年間で減少すると予測されています。収益対市場: 002612の収益 ( 5.5% ) CN市場 ( 16.6% ) よりも低い成長が予測されています。高い収益成長: 002612の収益 ( 5.5% ) 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: 002612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 ( 13.3 %)。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2026/06/17 01:27終値2026/06/17 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Lancy Co., Ltd. 1 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。6 アナリスト機関null nullChina International Capital Corporation LimitedZhuonan XuChina International Capital Corporation LimitedYunfeng LiuChina Stock Investment Research Co. Ltd. (GZ500..com)3 その他のアナリストを表示
Price Target Changed • Jan 30Price target decreased by 11% to CN¥27.00Down from CN¥30.50, the current price target is provided by 1 analyst. New target price is 56% above last closing price of CN¥17.35. Stock is down 39% over the past year. The company is forecast to post earnings per share of CN¥0.52 for next year compared to CN¥0.036 last year.
Price Target Changed • Nov 16Price target increased to CN¥27.10Up from CN¥10.00, the current price target is provided by 1 analyst. New target price is 22% above last closing price of CN¥22.20. Stock is down 40% over the past year. The company is forecast to post earnings per share of CN¥0.14 for next year compared to CN¥0.42 last year.
Valuation Update With 7 Day Price Move • May 27Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to CN¥13.77, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 14x in the Luxury industry in China. Total loss to shareholders of 34% over the past three years.
Declared Dividend • May 25Dividend of CN¥1.20 announcedShareholders will receive a dividend of CN¥1.20. Ex-date: 26th May 2026 Payment date: 26th May 2026 Dividend yield will be 7.2%, which is higher than the industry average of 3.3%. Sustainability & Growth Dividend is covered by earnings (56% earnings payout ratio) but not covered by cash flows (160% cash payout ratio). The dividend has increased by an average of 28% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to decline by 40% over the next 3 years. Since a fall of 38% would increase the payout ratio to a potentially unsustainable range, the dividend may be at risk.
New Risk • May 09New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 15% 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 15% per year for the foreseeable future. Minor Risk Dividend is not well covered by cash flows (160% cash payout ratio).
Reported Earnings • Apr 25Full year 2025 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2025 results: EPS: CN¥2.26 (up from CN¥0.58 in FY 2024). Revenue: CN¥6.00b (up 5.5% from FY 2024). Net income: CN¥999.3m (up 289% from FY 2024). Profit margin: 17% (up from 4.5% in FY 2024). The increase in margin was primarily driven by lower expenses. Revenue missed analyst estimates by 7.8%. Earnings per share (EPS) exceeded analyst estimates by 157%. Over the last 3 years on average, earnings per share has increased by 75% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings.
お知らせ • Apr 25Lancy Co., Ltd., Annual General Meeting, May 15, 2026Lancy Co., Ltd., Annual General Meeting, May 15, 2026, at 14:00 China Standard Time. Location: The Company's Meeting Room, Beijing China
お知らせ • Mar 31Lancy Co., Ltd. to Report Q1, 2026 Results on Apr 29, 2026Lancy Co., Ltd. announced that they will report Q1, 2026 results on Apr 29, 2026
Board Change • Feb 01Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. 2 highly experienced directors. Non-Independent Director Heng Zhao was the last director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.
お知らせ • Dec 31Lancy Co., Ltd. to Report Fiscal Year 2025 Results on Apr 25, 2026Lancy Co., Ltd. announced that they will report fiscal year 2025 results on Apr 25, 2026
Valuation Update With 7 Day Price Move • Nov 05Investor sentiment improves as stock rises 18%After last week's 18% share price gain to CN¥20.32, the stock trades at a forward P/E ratio of 30x. Average forward P/E is 16x in the Luxury industry in China. Negligible returns to shareholders over past three years.
Reported Earnings • Oct 30Third quarter 2025 earnings released: EPS: CN¥1.62 (vs CN¥0.13 in 3Q 2024)Third quarter 2025 results: EPS: CN¥1.62 (up from CN¥0.13 in 3Q 2024). Revenue: CN¥1.54b (up 3.4% from 3Q 2024). Net income: CN¥714.7m (up CN¥657.2m from 3Q 2024). Profit margin: 46% (up from 3.9% in 3Q 2024). The increase in margin was primarily driven by lower expenses. Revenue is forecast to grow 14% 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 increased by 73% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.
New Risk • Oct 30New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 54% 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 54% per year for the foreseeable future. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.
お知らせ • Sep 30Lancy Co., Ltd. to Report Q3, 2025 Results on Oct 30, 2025Lancy Co., Ltd. announced that they will report Q3, 2025 results on Oct 30, 2025
New Risk • Sep 05New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 2.1% 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 2.1% per year for the foreseeable future. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.
お知らせ • Jul 02Lancy Co., Ltd. to Report First Half, 2025 Results on Aug 29, 2025Lancy Co., Ltd. announced that they will report first half, 2025 results on Aug 29, 2025
Declared Dividend • May 17Dividend reduced to CN¥0.40Dividend of CN¥0.40 is 11% lower than last year. Ex-date: 22nd May 2025 Payment date: 22nd May 2025 Dividend yield will be 2.4%, which is lower than the industry average of 3.3%. Sustainability & Growth Dividend is covered by both earnings (68% earnings payout ratio) and cash flows (48% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 23% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Buy Or Sell Opportunity • Apr 07Now 27% undervalued after recent price dropOver the last 90 days, the stock has fallen 7.6% to CN¥14.56. The fair value is estimated to be CN¥19.82, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Earnings per share has grown by 34%. Revenue is forecast to grow by 29% in 2 years. Earnings are forecast to grow by 60% in the next 2 years.
お知らせ • Apr 04Lancy Co., Ltd. Proposes Final Cash Dividend for 2024Lancy Co., Ltd. announced on 03 April 2025 the profit distribution proposal for 2024 as follows: Final Cash dividend (tax included): CNY 4.00000000 per ten shares.
Reported Earnings • Apr 03Full year 2024 earnings: EPS and revenues miss analyst expectationsFull year 2024 results: EPS: CN¥0.58 (up from CN¥0.51 in FY 2023). Revenue: CN¥5.69b (up 11% from FY 2023). Net income: CN¥257.2m (up 14% from FY 2023). Profit margin: 4.5% (up from 4.4% in FY 2023). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 3.7%. Earnings per share (EPS) also missed analyst estimates by 14%. Revenue is forecast to grow 13% 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 increased by 34% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings.
お知らせ • Apr 03Lancy Co., Ltd., Annual General Meeting, Apr 25, 2025Lancy Co., Ltd., Annual General Meeting, Apr 25, 2025, at 14:00 China Standard Time. Location: The Company's Meeting Room, Beijing China
お知らせ • Mar 31Lancy Co., Ltd. to Report Q1, 2025 Results on Apr 29, 2025Lancy Co., Ltd. announced that they will report Q1, 2025 results on Apr 29, 2025
分析記事 • Mar 12Should You Investigate Lancy Co., Ltd. (SZSE:002612) At CN¥15.72?Lancy Co., Ltd. ( SZSE:002612 ), might not be a large cap stock, but it received a lot of attention from a substantial...
分析記事 • Jan 13Not Many Are Piling Into Lancy Co., Ltd. (SZSE:002612) Stock Yet As It Plummets 25%Lancy Co., Ltd. ( SZSE:002612 ) shareholders won't be pleased to see that the share price has had a very rough month...
お知らせ • Dec 31Lancy Co., Ltd. to Report Fiscal Year 2024 Results on Apr 03, 2025Lancy Co., Ltd. announced that they will report fiscal year 2024 results on Apr 03, 2025
分析記事 • Dec 16We Like These Underlying Return On Capital Trends At Lancy (SZSE:002612)To find a multi-bagger stock, what are the underlying trends we should look for in a business? In a perfect world, we'd...
分析記事 • Dec 02These 4 Measures Indicate That Lancy (SZSE:002612) Is Using Debt Reasonably WellLegendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
分析記事 • Nov 10Lancy Co., Ltd. (SZSE:002612) Screens Well But There Might Be A CatchWith a median price-to-earnings (or "P/E") ratio of close to 36x in China, you could be forgiven for feeling...
Reported Earnings • Oct 26Third quarter 2024 earnings released: EPS: CN¥0.13 (vs CN¥0.14 in 3Q 2023)Third quarter 2024 results: EPS: CN¥0.13 (down from CN¥0.14 in 3Q 2023). Revenue: CN¥1.49b (up 7.8% from 3Q 2023). Net income: CN¥57.5m (down 3.7% from 3Q 2023). Profit margin: 3.9% (down from 4.3% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 14% 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 increased by 19% per year but the company’s share price has fallen by 26% per year, which means it is significantly lagging earnings.
分析記事 • Oct 09An Intrinsic Calculation For Lancy Co., Ltd. (SZSE:002612) Suggests It's 35% UndervaluedKey Insights Lancy's estimated fair value is CN¥24.06 based on 2 Stage Free Cash Flow to Equity Lancy's CN¥15.67 share...
お知らせ • Sep 30Lancy Co., Ltd. to Report Q3, 2024 Results on Oct 26, 2024Lancy Co., Ltd. announced that they will report Q3, 2024 results on Oct 26, 2024
Valuation Update With 7 Day Price Move • Sep 27Investor sentiment improves as stock rises 19%After last week's 19% share price gain to CN¥15.24, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 12x in the Luxury industry in China. Total loss to shareholders of 41% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥23.82 per share.
Reported Earnings • Aug 29Second quarter 2024 earnings released: EPS: CN¥0.16 (vs CN¥0.16 in 2Q 2023)Second quarter 2024 results: EPS: CN¥0.16 (down from CN¥0.16 in 2Q 2023). Revenue: CN¥1.29b (up 9.8% from 2Q 2023). Net income: CN¥69.6m (down 3.5% from 2Q 2023). Profit margin: 5.4% (down from 6.1% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 13% 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 increased by 6% per year but the company’s share price has fallen by 25% per year, which means it is significantly lagging earnings.
分析記事 • Jul 24Fewer Investors Than Expected Jumping On Lancy Co., Ltd. (SZSE:002612)Lancy Co., Ltd.'s ( SZSE:002612 ) price-to-earnings (or "P/E") ratio of 24.1x might make it look like a buy right now...
Buy Or Sell Opportunity • Jul 02Now 26% undervalued after recent price dropOver the last 90 days, the stock has fallen 19% to CN¥13.91. The fair value is estimated to be CN¥18.82, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 16% over the last 3 years, while earnings per share has been flat. Revenue is forecast to grow by 29% in 2 years. Earnings are forecast to grow by 68% in the next 2 years.
お知らせ • Jun 29Lancy Co., Ltd. to Report First Half, 2024 Results on Aug 29, 2024Lancy Co., Ltd. announced that they will report first half, 2024 results on Aug 29, 2024
分析記事 • Jun 21We Like These Underlying Return On Capital Trends At Lancy (SZSE:002612)If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...
Buy Or Sell Opportunity • Jun 20Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 18% to CN¥14.50. The fair value is estimated to be CN¥18.39, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 16% over the last 3 years, while earnings per share has been flat. Revenue is forecast to grow by 29% in 2 years. Earnings are forecast to grow by 68% in the next 2 years.
分析記事 • May 29Here's Why Lancy (SZSE:002612) Can Manage Its Debt ResponsiblyWarren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...
お知らせ • May 29Lancy Co., Ltd. Announces Cash Final Dividend on A Shares for 2023, Payable on 31 May 2024Lancy Co., Ltd. announced 2023 final profit distribution plan to be implemented (A shares): Cash dividend/10 shares (tax included): CNY 4.50000000. Record date: 30 May 2024. Ex-date: 31 May 2024. Payment date: 31 May 2024.
Reported Earnings • Apr 25Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2023 results: EPS: CN¥0.51 (up from CN¥0.048 in FY 2022). Revenue: CN¥5.15b (up 24% from FY 2022). Net income: CN¥225.1m (up CN¥203.7m from FY 2022). Profit margin: 4.4% (up from 0.5% in FY 2022). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 4.7%. Earnings per share (EPS) missed analyst estimates by 1.8%. Revenue is forecast to grow 12% 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 fallen by 12% per year but the company’s share price has fallen by 33% per year, which means it is performing significantly worse than earnings.
お知らせ • Apr 23Lancy Co., Ltd., Annual General Meeting, May 15, 2024Lancy Co., Ltd., Annual General Meeting, May 15, 2024, at 14:00 China Standard Time. Location: The Company's Meeting Room, Beijing China
お知らせ • Mar 30Lancy Co., Ltd. to Report Q1, 2024 Results on Apr 30, 2024Lancy Co., Ltd. announced that they will report Q1, 2024 results on Apr 30, 2024
分析記事 • Mar 25Is Lancy Co., Ltd. (SZSE:002612) Potentially Undervalued?Lancy Co., Ltd. ( SZSE:002612 ), might not be a large cap stock, but it saw a double-digit share price rise of over 10...
分析記事 • Feb 28Here's What To Make Of Lancy's (SZSE:002612) Decelerating Rates Of ReturnDid you know there are some financial metrics that can provide clues of a potential multi-bagger? Amongst other things...
Price Target Changed • Jan 30Price target decreased by 11% to CN¥27.00Down from CN¥30.50, the current price target is provided by 1 analyst. New target price is 56% above last closing price of CN¥17.35. Stock is down 39% over the past year. The company is forecast to post earnings per share of CN¥0.52 for next year compared to CN¥0.036 last year.
お知らせ • Dec 30Lancy Co., Ltd. to Report Fiscal Year 2023 Results on Apr 23, 2024Lancy Co., Ltd. announced that they will report fiscal year 2023 results on Apr 23, 2024
Reported Earnings • Nov 01Third quarter 2023 earnings released: EPS: CN¥0.14 (vs CN¥0.019 in 3Q 2022)Third quarter 2023 results: EPS: CN¥0.14 (up from CN¥0.019 in 3Q 2022). Revenue: CN¥1.38b (up 62% from 3Q 2022). Net income: CN¥59.7m (up CN¥51.5m from 3Q 2022). Profit margin: 4.3% (up from 1.0% in 3Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 17% growth forecast for the Luxury industry in China. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 25% per year, which means it is well ahead of earnings.
Reported Earnings • Aug 30Second quarter 2023 earnings released: EPS: CN¥0.16 (vs CN¥0.026 in 2Q 2022)Second quarter 2023 results: EPS: CN¥0.16 (up from CN¥0.026 in 2Q 2022). Revenue: CN¥1.17b (up 28% from 2Q 2022). Net income: CN¥72.1m (up CN¥60.6m from 2Q 2022). Profit margin: 6.1% (up from 1.3% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 14% 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 6% per year but the company’s share price has increased by 29% per year, which means it is tracking significantly ahead of earnings growth.
Board Change • Aug 18High number of new and inexperienced directorsThere are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. 1 experienced director. 4 highly experienced directors. Employee Representative Supervisor Wei Yun Liu is the most experienced director on the board, commencing their role in 2013. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.
Buying Opportunity • Jun 21Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 1.5%. The fair value is estimated to be CN¥29.31, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Earnings per share has grown by 15%. Revenue is forecast to grow by 38% in 2 years. Earnings is forecast to grow by 261% in the next 2 years.
Buying Opportunity • May 29Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 19%. The fair value is estimated to be CN¥29.52, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Earnings per share has grown by 15%. Revenue is forecast to grow by 38% in 2 years. Earnings is forecast to grow by 260% in the next 2 years.
Reported Earnings • Apr 29First quarter 2023 earnings released: EPS: CN¥0.14 (vs CN¥0.005 loss in 1Q 2022)First quarter 2023 results: EPS: CN¥0.14 (up from CN¥0.005 loss in 1Q 2022). Revenue: CN¥1.14b (up 27% from 1Q 2022). Net income: CN¥62.0m (up CN¥64.3m from 1Q 2022). Profit margin: 5.4% (up from net loss in 1Q 2022). The move to profitability was driven by higher revenue. Revenue is forecast to grow 15% 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 15% per year but the company’s share price has increased by 56% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Jan 17Lancy Co., Ltd. Approves Management AppointmentsLancy Co., Ltd. at its Extraordinary General Meeting held on 13 January 2023, approved election of Zhao Heng as non-independent director; election of Chen Lijing as independent director; and election of Yan Xuefei and Meng Jia as non-employee supervisors.
Board Change • Jan 01Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 4 highly experienced directors. Independent Director Qing Wang was the last director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.
Buying Opportunity • Nov 22Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 30%. The fair value is estimated to be CN¥26.87, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Earnings per share has grown by 21%. Revenue is forecast to grow by 36% in 2 years. Earnings is forecast to grow by 409% in the next 2 years.
Price Target Changed • Nov 16Price target increased to CN¥27.10Up from CN¥10.00, the current price target is provided by 1 analyst. New target price is 22% above last closing price of CN¥22.20. Stock is down 40% over the past year. The company is forecast to post earnings per share of CN¥0.14 for next year compared to CN¥0.42 last year.
Reported Earnings • Oct 30Third quarter 2022 earnings released: EPS: CN¥0.019 (vs CN¥0.15 in 3Q 2021)Third quarter 2022 results: EPS: CN¥0.019 (down from CN¥0.15 in 3Q 2021). Revenue: CN¥855.1m (flat on 3Q 2021). Net income: CN¥8.28m (down 87% from 3Q 2021). Profit margin: 1.0% (down from 7.5% in 3Q 2021). Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Luxury industry in China. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has increased by 30% per year, which means it is tracking significantly ahead of earnings growth.
Reported Earnings • Aug 17Second quarter 2022 earnings released: EPS: CN¥0.026 (vs CN¥0.13 in 2Q 2021)Second quarter 2022 results: EPS: CN¥0.026 (down from CN¥0.13 in 2Q 2021). Revenue: CN¥914.9m (up 1.9% from 2Q 2021). Net income: CN¥11.5m (down 80% from 2Q 2021). Profit margin: 1.3% (down from 6.5% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 19%, compared to a 22% growth forecast for the Luxury industry in China. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has increased by 54% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Jun 03Lancy Co., Ltd. Announces Final Dividend on A Shares for the Year 2021, Payable on June 10, 2022Lancy Co., Ltd. announced final cash dividend/10 shares (tax included) of CNY 0.70000000 on A shares for the year 2021. Record date is June 9, 2022. Ex-date is June 10, 2022. Payment date is June 10, 2022.
お知らせ • May 17Lancy Co., Ltd. Approves Final Cash Dividend for Year 2021Lancy Co., Ltd. approved final cash dividend (tax included) of CNY 0.70000000 per 10 shares for 2021.
Board Change • Apr 27Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Director Qing Wang was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
お知らせ • Apr 26Lancy Co., Ltd. Proposes Final Cash Dividend for 2021Lancy Co., Ltd. proposed final cash dividend (tax included) of CNY 0.70000000 per 10 shares for 2021.
Valuation Update With 7 Day Price Move • Mar 14Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to CN¥24.57, the stock trades at a forward P/E ratio of 34x. Average forward P/E is 13x in the Luxury industry in China. Total returns to shareholders of 151% over the past three years.
Reported Earnings • Oct 31Third quarter 2021 earnings released: EPS CN¥0.15 (vs CN¥0.12 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: CN¥861.3m (up 12% from 3Q 2020). Net income: CN¥64.7m (up 22% from 3Q 2020). Profit margin: 7.5% (up from 6.9% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has increased by 64% per year, which means it is well ahead of earnings.
Valuation Update With 7 Day Price Move • Oct 18Investor sentiment improved over the past weekAfter last week's 15% share price gain to CN¥37.10, the stock trades at a forward P/E ratio of 55x. Average forward P/E is 15x in the Luxury industry in China. Total returns to shareholders of 349% over the past three years.
Valuation Update With 7 Day Price Move • Oct 04Investor sentiment deteriorated over the past weekAfter last week's 18% share price decline to CN¥26.60, the stock trades at a forward P/E ratio of 40x. Average forward P/E is 15x in the Luxury industry in China. Total returns to shareholders of 198% over the past three years.
お知らせ • May 21Lancy Co., Ltd. Approves Cash Dividend for the Year 2020Lancy Co., Ltd. at its annual general meeting held on May 19, 2021, approved cash dividend per ten shares (tax included) of CNY 3.00000000 for the year 2020.
お知らせ • Apr 27Lancy Co., Ltd. Announces Final Profit Distribution Proposal for 2020Lancy Co., Ltd. announced final profit distribution proposal of CNY 3.00000000 per 10 shares (tax included) for 2020.
Reported Earnings • Apr 25Full year 2020 earnings released: EPS CN¥0.32 (vs CN¥0.14 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¥2.88b (down 4.4% from FY 2019). Net income: CN¥142.0m (up 142% from FY 2019). Profit margin: 4.9% (up from 2.0% 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 56% per year but the company’s share price has increased by 57% per year, which means it is well ahead of earnings.
Is New 90 Day High Low • Feb 20New 90-day high: CN¥29.80The company is up 94% from its price of CN¥15.33 on 20 November 2020. The Chinese market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Luxury industry, which is down 11% over the same period.
Is New 90 Day High Low • Dec 29New 90-day high: CN¥24.88The company is up 183% from its price of CN¥8.78 on 30 September 2020. The Chinese market is up 5.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Luxury industry, which is down 4.0% over the same period.
Is New 90 Day High Low • Dec 09New 90-day high: CN¥17.58The company is up 82% from its price of CN¥9.64 on 10 September 2020. The Chinese market is up 5.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Luxury industry, which is flat over the same period.
Is New 90 Day High Low • Nov 19New 90-day high: CN¥17.03The company is up 68% from its price of CN¥10.15 on 21 August 2020. The Chinese market is down 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Luxury industry, which is up 1.0% over the same period.
Is New 90 Day High Low • Nov 04New 90-day high: CN¥10.87The company is up 7.0% from its price of CN¥10.17 on 06 August 2020. The Chinese market is down 5.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Luxury industry, which is down 4.0% over the same period.
Reported Earnings • Oct 30Third quarter earnings releasedOver the last 12 months the company has reported total losses of CN¥48.3m, with earnings decreasing by CN¥229.9m from the prior year. Total revenue was CN¥2.88b over the last 12 months, up 2.8% from the prior year.
Is New 90 Day High Low • Sep 28New 90-day low: CN¥8.67The company is down 15% from its price of CN¥10.18 on 30 June 2020. The Chinese market is up 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Luxury industry, which is up 6.0% over the same period.
お知らせ • Aug 04Lancy Co., Ltd. to Report First Half, 2020 Results on Aug 25, 2020Lancy Co., Ltd. announced that they will report first half, 2020 results on Aug 25, 2020