Tayho Advanced Materials Group（002254）株式概要中国においてハイテク繊維の研究開発、製造、販売を行っている。 詳細002254 ファンダメンタル分析スノーフレーク・スコア評価1/6将来の成長5/6過去の実績0/6財務の健全性3/6配当金0/6報酬収益は年間58.64%増加すると予測されています リスク分析CN市場と比較した過去 3 か月間の株価の変動財務結果に影響を与える大きな一時的項目 すべてのリスクチェックを見る002254 Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.Your Fair ValueCN¥Current PriceCN¥13.4939.3% 割安 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture09b2016201920222025202620282031Revenue CN¥9.2bEarnings CN¥120.4mAdvancedSet Fair ValueView all narrativesTayho Advanced Materials Group Co., Ltd. 競合他社Jiangsu Jujie Microfiber Technology GroupSymbol: SZSE:300819Market cap: CN¥10.4bBros Eastern.LtdSymbol: SHSE:601339Market cap: CN¥11.2bSunvim GroupLtdSymbol: SZSE:002083Market cap: CN¥9.1bLuolai Lifestyle TechnologySymbol: SZSE:002293Market cap: CN¥8.3b価格と性能株価の高値、安値、推移の概要Tayho Advanced Materials Group過去の株価現在の株価CN¥13.4952週高値CN¥16.3452週安値CN¥9.20ベータ0.951ヶ月の変化18.96%3ヶ月変化3.61%1年変化33.04%3年間の変化-40.31%5年間の変化-30.32%IPOからの変化2.12%最新ニュースDeclared Dividend • May 20Dividend reduced to CN¥0.02Dividend of CN¥0.02 is 60% lower than last year. Ex-date: 22nd May 2026 Payment date: 22nd May 2026 Dividend yield will be 0.1%, which is lower than the industry average of 3.3%. Payout Ratios Payout ratio: 33%. Cash payout ratio: 20%.Board Change • May 20Less 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. 8 experienced directors. 3 highly experienced directors. 4 independent directors (7 non-independent directors). Independent Director Changjiang Tang was the last independent 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: Minority of independent directors. Insufficient board refreshment.お知らせ • Apr 14Tayho Advanced Materials Group Co., Ltd., Annual General Meeting, May 11, 2026Tayho Advanced Materials Group Co., Ltd., Annual General Meeting, May 11, 2026, at 14:00 China Standard Time. Location: The Company's Meeting Room, Yantai, Shandong Chinaお知らせ • Mar 31Tayho Advanced Materials Group Co., Ltd. to Report Q1, 2026 Results on Apr 25, 2026Tayho Advanced Materials Group Co., Ltd. announced that they will report Q1, 2026 results on Apr 25, 2026お知らせ • Dec 31Tayho Advanced Materials Group Co., Ltd. to Report Fiscal Year 2025 Results on Apr 14, 2026Tayho Advanced Materials Group Co., Ltd. announced that they will report fiscal year 2025 results on Apr 14, 2026お知らせ • Sep 30Tayho Advanced Materials Group Co., Ltd. to Report Q3, 2025 Results on Oct 25, 2025Tayho Advanced Materials Group Co., Ltd. announced that they will report Q3, 2025 results on Oct 25, 2025最新情報をもっと見るRecent updatesDeclared Dividend • May 20Dividend reduced to CN¥0.02Dividend of CN¥0.02 is 60% lower than last year. Ex-date: 22nd May 2026 Payment date: 22nd May 2026 Dividend yield will be 0.1%, which is lower than the industry average of 3.3%. Payout Ratios Payout ratio: 33%. Cash payout ratio: 20%.Board Change • May 20Less 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. 8 experienced directors. 3 highly experienced directors. 4 independent directors (7 non-independent directors). Independent Director Changjiang Tang was the last independent 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: Minority of independent directors. Insufficient board refreshment.お知らせ • Apr 14Tayho Advanced Materials Group Co., Ltd., Annual General Meeting, May 11, 2026Tayho Advanced Materials Group Co., Ltd., Annual General Meeting, May 11, 2026, at 14:00 China Standard Time. Location: The Company's Meeting Room, Yantai, Shandong Chinaお知らせ • Mar 31Tayho Advanced Materials Group Co., Ltd. to Report Q1, 2026 Results on Apr 25, 2026Tayho Advanced Materials Group Co., Ltd. announced that they will report Q1, 2026 results on Apr 25, 2026お知らせ • Dec 31Tayho Advanced Materials Group Co., Ltd. to Report Fiscal Year 2025 Results on Apr 14, 2026Tayho Advanced Materials Group Co., Ltd. announced that they will report fiscal year 2025 results on Apr 14, 2026お知らせ • Sep 30Tayho Advanced Materials Group Co., Ltd. to Report Q3, 2025 Results on Oct 25, 2025Tayho Advanced Materials Group Co., Ltd. announced that they will report Q3, 2025 results on Oct 25, 2025お知らせ • Jul 02Tayho Advanced Materials Group Co., Ltd. to Report First Half, 2025 Results on Aug 26, 2025Tayho Advanced Materials Group Co., Ltd. announced that they will report first half, 2025 results on Aug 26, 2025お知らせ • Apr 22Tayho Advanced Materials Group Co., Ltd. Proposes Final Cash Dividend for 2024Tayho Advanced Materials Group Co., Ltd. proposed final cash dividend of CNY 0.50000000 per 10 shares (tax included) for the year 2024.お知らせ • Apr 20Tayho Advanced Materials Group Co., Ltd., Annual General Meeting, May 12, 2025Tayho Advanced Materials Group Co., Ltd., Annual General Meeting, May 12, 2025, at 14:30 China Standard Time. Location: No.10, Heilongjiang Road, Yantai Economic and Technological Development Zone, Shandong Chinaお知らせ • Mar 31Tayho Advanced Materials Group Co., Ltd. to Report Q1, 2025 Results on Apr 26, 2025Tayho Advanced Materials Group Co., Ltd. announced that they will report Q1, 2025 results on Apr 26, 2025お知らせ • Dec 31Tayho Advanced Materials Group Co., Ltd. to Report Fiscal Year 2024 Results on Apr 19, 2025Tayho Advanced Materials Group Co., Ltd. announced that they will report fiscal year 2024 results on Apr 19, 2025Reported Earnings • Oct 29Third quarter 2024 earnings released: EPS: CN¥0.039 (vs CN¥0.079 in 3Q 2023)Third quarter 2024 results: EPS: CN¥0.039 (down from CN¥0.079 in 3Q 2023). Revenue: CN¥970.8m (flat on 3Q 2023). Net income: CN¥33.6m (down 47% from 3Q 2023). Profit margin: 3.5% (down from 6.5% in 3Q 2023). Revenue is forecast to grow 19% 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 58% per year but the company’s share price has only fallen by 17% per year, which means it has not declined as severely as earnings.Valuation Update With 7 Day Price Move • Sep 30Investor sentiment improves as stock rises 23%After last week's 23% share price gain to CN¥10.06, the stock trades at a forward P/E ratio of 25x. Average forward P/E is 12x in the Luxury industry in China. Total loss to shareholders of 44% over the past three years.お知らせ • Sep 30Tayho Advanced Materials Group Co., Ltd. to Report Q3, 2024 Results on Oct 29, 2024Tayho Advanced Materials Group Co., Ltd. announced that they will report Q3, 2024 results on Oct 29, 2024Reported Earnings • Aug 17Second quarter 2024 earnings released: EPS: CN¥0.095 (vs CN¥0.098 in 2Q 2023)Second quarter 2024 results: EPS: CN¥0.095. Revenue: CN¥985.3m (up 6.1% from 2Q 2023). Net income: CN¥92.3m (up 16% from 2Q 2023). Profit margin: 9.4% (up from 8.6% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Luxury industry in China.お知らせ • Jun 29Tayho Advanced Materials Group Co., Ltd. to Report First Half, 2024 Results on Aug 17, 2024Tayho Advanced Materials Group Co., Ltd. announced that they will report first half, 2024 results on Aug 17, 2024お知らせ • May 31Tayho Advanced Materials Group Co., Ltd. Announces 2023 Final Profit Distribution on A Shares, Payable on June 6, 2024Tayho Advanced Materials Group Co., Ltd. announced final profit distribution plan to be implemented on A shares cash dividend/10 shares (tax included) of CNY 3.00000000 for the year 2023. Record date: 05 June 2024. Ex-date: 06 June 2024. Payment date: 06 June 2024.お知らせ • Apr 30Tayho Advanced Materials Group Co., Ltd., Annual General Meeting, May 21, 2024Tayho Advanced Materials Group Co., Ltd., Annual General Meeting, May 21, 2024, at 14:00 China Standard Time. Location: The Company's Meeting Room, Yantai, Shandong ChinaNew Risk • Apr 29New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 5.7% Last year net profit margin: 11% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (25% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (5.7% net profit margin).Reported Earnings • Apr 29First quarter 2024 earnings released: EPS: CN¥0.03 (vs CN¥0.16 in 1Q 2023)First quarter 2024 results: EPS: CN¥0.03 (down from CN¥0.16 in 1Q 2023). Revenue: CN¥966.4m (down 4.5% from 1Q 2023). Net income: CN¥25.2m (down 81% from 1Q 2023). Profit margin: 2.6% (down from 13% in 1Q 2023). The decrease in margin was primarily driven by higher expenses. Revenue is forecast to grow 45% p.a. on average during the next 2 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 33% per year but the company’s share price has only fallen by 13% per year, which means it has not declined as severely as earnings.Valuation Update With 7 Day Price Move • Apr 03Investor sentiment improves as stock rises 17%After last week's 17% share price gain to CN¥12.70, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 14x in the Luxury industry in China. Total loss to shareholders of 16% over the past three years.お知らせ • Mar 30Tayho Advanced Materials Group Co., Ltd. to Report Q1, 2024 Results on Apr 29, 2024Tayho Advanced Materials Group Co., Ltd. announced that they will report Q1, 2024 results on Apr 29, 2024Valuation Update With 7 Day Price Move • Feb 02Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to CN¥10.11, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 13x in the Luxury industry in China. Total loss to shareholders of 35% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥4.12 per share.お知らせ • Dec 30Tayho Advanced Materials Group Co., Ltd. to Report Fiscal Year 2023 Results on Apr 13, 2024Tayho Advanced Materials Group Co., Ltd. announced that they will report fiscal year 2023 results on Apr 13, 2024お知らせ • Dec 12Tayho Advanced Materials Group Co., Ltd. (SZSE:002254) announces an Equity Buyback for CNY 100 million worth of its shares.Tayho Advanced Materials Group Co., Ltd. (SZSE:002254) announces a share repurchase program. Under the program, the company will repurchase up to CNY 100 million worth of its A shares. The shares will be repurchased at a price not more than CNY 23.83 per share. The repurchased share will be used for employee stock ownership plan and equity incentives. The program will be valid for a period of 12 months.Reported Earnings • Oct 29Third quarter 2023 earnings released: EPS: CN¥0.079 (vs CN¥0.02 in 3Q 2022)Third quarter 2023 results: EPS: CN¥0.079 (up from CN¥0.02 in 3Q 2022). Revenue: CN¥968.9m (up 14% from 3Q 2022). Net income: CN¥63.4m (up 373% from 3Q 2022). Profit margin: 6.5% (up from 1.6% in 3Q 2022). Revenue is forecast to grow 30% 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 fallen by 2% per year whereas the company’s share price has increased by 2% per year.お知らせ • Sep 30Tayho Advanced Materials Group Co., Ltd. to Report Q3, 2023 Results on Oct 28, 2023Tayho Advanced Materials Group Co., Ltd. announced that they will report Q3, 2023 results on Oct 28, 2023Reported Earnings • Jul 29Second quarter 2023 earnings released: EPS: CN¥0.098 (vs CN¥0.22 in 2Q 2022)Second quarter 2023 results: EPS: CN¥0.098 (down from CN¥0.22 in 2Q 2022). Revenue: CN¥928.7m (up 3.6% from 2Q 2022). Net income: CN¥79.5m (down 45% from 2Q 2022). Profit margin: 8.6% (down from 16% in 2Q 2022). Revenue is forecast to grow 28% 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 10% per year but the company’s share price has increased by 18% per year, which means it is tracking significantly ahead of earnings growth.Buying Opportunity • Jul 19Now 21% undervaluedOver the last 90 days, the stock is up 12%. The fair value is estimated to be CN¥29.90, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 20% over the last 3 years. Earnings per share has grown by 23%. Revenue is forecast to grow by 108% in 2 years. Earnings is forecast to grow by 178% in the next 2 years.Buying Opportunity • Jul 03Now 20% undervaluedOver the last 90 days, the stock is up 3.9%. The fair value is estimated to be CN¥30.17, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 20% over the last 3 years. Earnings per share has grown by 23%. Revenue is forecast to grow by 108% in 2 years. Earnings is forecast to grow by 178% in the next 2 years.Board Change • Jul 01Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. 2 highly experienced directors. Vice Chairman Lixin Xu was the last director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.お知らせ • Jul 01Tayho Advanced Materials Group Co., Ltd. to Report First Half, 2023 Results on Jul 29, 2023Tayho Advanced Materials Group Co., Ltd. announced that they will report first half, 2023 results on Jul 29, 2023Valuation Update With 7 Day Price Move • Jun 28Investor sentiment improves as stock rises 18%After last week's 18% share price gain to CN¥24.47, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 16x in the Luxury industry in China. Total returns to shareholders of 97% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥28.87 per share.Reported Earnings • Apr 29First quarter 2023 earnings released: EPS: CN¥0.16 (vs CN¥0.21 in 1Q 2022)First quarter 2023 results: EPS: CN¥0.16 (down from CN¥0.21 in 1Q 2022). Revenue: CN¥1.01b (down 4.1% from 1Q 2022). Net income: CN¥135.6m (down 7.1% from 1Q 2022). Profit margin: 13% (in line with 1Q 2022). Revenue is forecast to grow 28% 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 23% per year whereas the company’s share price has increased by 20% per year.Buying Opportunity • Mar 23Now 20% undervaluedOver the last 90 days, the stock is up 11%. The fair value is estimated to be CN¥27.96, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 23% over the last 3 years. Earnings per share has grown by 35%. For the next 3 years, revenue is forecast to grow by 25% per annum. Earnings is also forecast to grow by 34% per annum over the same time period.Buying Opportunity • Mar 03Now 20% undervaluedOver the last 90 days, the stock is up 29%. The fair value is estimated to be CN¥33.85, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 23% over the last 3 years. Earnings per share has grown by 35%. Revenue is forecast to grow by 111% in 2 years. Earnings is forecast to grow by 185% in the next 2 years.Reported Earnings • Mar 02Full year 2022 earnings released: EPS: CN¥0.67 (vs CN¥1.41 in FY 2021)Full year 2022 results: EPS: CN¥0.67 (down from CN¥1.41 in FY 2021). Revenue: CN¥3.75b (down 15% from FY 2021). Net income: CN¥455.2m (down 53% from FY 2021). Profit margin: 12% (down from 22% in FY 2021). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 25% 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 increased by 35% per year but the company’s share price has only increased by 25% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Dec 06Investor sentiment improved over the past weekAfter last week's 16% share price gain to CN¥22.99, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 13x in the Luxury industry in China. Total returns to shareholders of 132% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥44.19 per share.Reported Earnings • Oct 31Third quarter 2022 earnings released: EPS: CN¥0.02 (vs CN¥0.43 in 3Q 2021)Third quarter 2022 results: EPS: CN¥0.02 (down from CN¥0.43 in 3Q 2021). Revenue: CN¥850.8m (down 26% from 3Q 2021). Net income: CN¥13.4m (down 95% from 3Q 2021). Profit margin: 1.6% (down from 25% in 3Q 2021). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 26% 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 47% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth.Reported Earnings • Apr 11Full year 2021 earnings released: EPS: CN¥1.41 (vs CN¥0.41 in FY 2020)Full year 2021 results: EPS: CN¥1.41 (up from CN¥0.41 in FY 2020). Revenue: CN¥4.40b (up 80% from FY 2020). Net income: CN¥965.7m (up 270% from FY 2020). Profit margin: 22% (up from 11% in FY 2020). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 25%, compared to a 25% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has increased by 59% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth.Board Change • Mar 29High number of new directorsVice Chairman Lixin Xu was the last director to join the board, commencing their role in 2020.Valuation Update With 7 Day Price Move • Mar 10Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to CN¥16.42, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 12x in the Luxury industry in China. Total returns to shareholders of 51% over the past three years.Reported Earnings • Feb 27Full year 2021 earnings: EPS in line with expectations, revenues disappointFull year 2021 results: EPS: CN¥1.43 (up from CN¥0.41 in FY 2020). Revenue: CN¥4.41b (up 81% from FY 2020). Net income: CN¥975.3m (up 274% from FY 2020). Profit margin: 22% (up from 11% in FY 2020). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 1.7%. Over the next year, revenue is forecast to grow 25%, compared to a 46% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has increased by 60% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Nov 11Investor sentiment improved over the past weekAfter last week's 18% share price gain to CN¥21.33, the stock trades at a forward P/E ratio of 15x. 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¥35.54 per share.Reported Earnings • Oct 23Third quarter 2021 earnings released: EPS CN¥0.43 (vs CN¥0.09 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: CN¥1.16b (up 94% from 3Q 2020). Net income: CN¥290.9m (up 399% from 3Q 2020). Profit margin: 25% (up from 9.8% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 50% per year but the company’s share price has only increased by 22% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Aug 24Investor sentiment improved over the past weekAfter last week's 15% share price gain to CN¥22.37, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 15x in the Luxury industry in China. Total returns to shareholders of 92% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥17.82 per share.Reported Earnings • Jul 28Second quarter 2021 earnings released: EPS CN¥0.38 (vs CN¥0.11 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CN¥1.17b (up 95% from 2Q 2020). Net income: CN¥263.4m (up 273% from 2Q 2020). Profit margin: 23% (up from 12% 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 38% per year but the company’s share price has only increased by 21% per year, which means it is significantly lagging earnings growth.Reported Earnings • Apr 20Full year 2020 earnings released: EPS CN¥0.41 (vs CN¥0.35 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¥2.44b (down 4.0% from FY 2019). Net income: CN¥260.7m (up 21% from FY 2019). Profit margin: 11% (up from 8.5% in FY 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Feb 23Investor sentiment improved over the past weekAfter last week's 19% share price gain to CN¥22.03, the stock is trading at a trailing P/E ratio of 57.9x, up from the previous P/E ratio of 48.6x. This compares to an average P/E of 27x in the Luxury industry in China. Total returns to shareholders over the past three years are 86%.Is New 90 Day High Low • Feb 20New 90-day high: CN¥20.33The company is up 28% from its price of CN¥15.85 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 8.0% over the same period.Is New 90 Day High Low • Jan 27New 90-day high: CN¥17.63The company is up 22% from its price of CN¥14.42 on 30 October 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 12% over the same period.Is New 90 Day High Low • Jan 12New 90-day high: CN¥17.31The company is up 6.0% from its price of CN¥16.32 on 15 October 2020. The Chinese market is up 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Luxury industry, which is down 13% over the same period.Is New 90 Day High Low • Nov 16New 90-day high: CN¥16.93The company is up 3.0% from its price of CN¥16.45 on 18 August 2020. The Chinese market is down 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Luxury industry, which is down 2.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥1.22 per share.Analyst Estimate Surprise Post Earnings • Oct 27Third-quarter earnings released: Revenue misses expectationsThird-quarter revenue missed analyst estimates by 11% at CN¥595.8m. Revenue is forecast to grow 16% over the next year, compared to a 19% growth forecast for the Luxury industry in China.Reported Earnings • Oct 26Third quarter earnings releasedOver the last 12 months the company has reported total profits of CN¥247.6m, up 49% from the prior year. Total revenue was CN¥2.36b over the last 12 months, down 4.8% from the prior year.株主還元002254CN LuxuryCN 市場7D-15.3%-4.9%-1.8%1Y33.0%2.9%32.7%株主還元を見る業界別リターン: 002254過去 1 年間で2.9 % の収益を上げたCN Luxury業界を上回りました。リターン対市場: 002254は、過去 1 年間で32.7 % のリターンをもたらしたCNマーケットと一致しました。価格変動Is 002254's price volatile compared to industry and market?002254 volatility002254 Average Weekly Movement9.4%Luxury Industry Average Movement6.2%Market Average Movement6.6%10% most volatile stocks in CN Market10.2%10% least volatile stocks in CN Market4.3%安定した株価: 002254の株価は、 CN市場と比較して過去 3 か月間で変動しています。時間の経過による変動: 002254の weekly volatility ( 9% ) は過去 1 年間安定していますが、依然としてCNの株式の 75% よりも高くなっています。会社概要設立従業員CEO（最高経営責任者ウェブサイト19933,171Haiping Chiwww.tayho.com.cn泰豪先進材料集団有限公司は、中国でハイテク繊維の研究開発、生産、販売を行っている。下着、靴下、タイツ、スポーツウェア、水着、レース、スーツ、医療・衛生繊維、自動車内装などに使用されるポリウレタン弾性繊維「ニュースター・スパンデックス」を提供している。また、芳香族ポリアミド繊維であるNewstar Meta-aramidを提供しており、航空宇宙、高速鉄道、消防服、訓練用ユニフォーム、作業服、環境保護、工業用高温材料、自動車用ホース、上級防音ダンパー、電気絶縁などの分野で使用されている。さらに、ゴムチューブ構造、強化繊維、タイヤコード、パッキン、シーリング、光ケーブル補強など様々な用途に使用されるパラ系アラミド繊維「タパラン」、3T織物、工業用ろ過、帯電防止織物用途に使用される帯電防止繊維「タメター」、アラミドペーパー「メタスター」、スマート繊維「リトメ」なども提供している。同社は以前は煙台泰豪先進材料有限公司として知られていたが、2022年2月に泰豪先進材料集団有限公司に社名を変更した。同社は1993年に法人化され、中国の煙台に本社を置いている。もっと見るTayho Advanced Materials Group Co., Ltd. 基礎のまとめTayho Advanced Materials Group の収益と売上を時価総額と比較するとどうか。002254 基礎統計学時価総額CN¥11.44b収益（TTM）CN¥46.79m売上高(TTM)CN¥3.59b244.6xPER（株価収益率3.2xP/Sレシオ002254 は割高か？公正価値と評価分析を参照収益と収入最新の決算報告書（TTM）に基づく主な収益性統計002254 損益計算書（TTM）収益CN¥3.59b売上原価CN¥3.07b売上総利益CN¥521.91mその他の費用CN¥475.13m収益CN¥46.79m直近の収益報告Mar 31, 2026次回決算日該当なし一株当たり利益（EPS）0.055グロス・マージン14.54%純利益率1.30%有利子負債／自己資本比率64.6%002254 の長期的なパフォーマンスは？過去の実績と比較を見る配当金0.1%現在の配当利回り33%配当性向View Valuation企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/31 13:05終値2026/05/29 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Tayho Advanced Materials Group Co., Ltd. 4 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。11 アナリスト機関Wang PengChina Galaxy Securities Co., Ltd.Yilin HouChina International Capital Corporation LimitedXian Chao ZhangChina Stock Investment Research Co. Ltd. (GZ500..com)8 その他のアナリストを表示
Declared Dividend • May 20Dividend reduced to CN¥0.02Dividend of CN¥0.02 is 60% lower than last year. Ex-date: 22nd May 2026 Payment date: 22nd May 2026 Dividend yield will be 0.1%, which is lower than the industry average of 3.3%. Payout Ratios Payout ratio: 33%. Cash payout ratio: 20%.
Board Change • May 20Less 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. 8 experienced directors. 3 highly experienced directors. 4 independent directors (7 non-independent directors). Independent Director Changjiang Tang was the last independent 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: Minority of independent directors. Insufficient board refreshment.
お知らせ • Apr 14Tayho Advanced Materials Group Co., Ltd., Annual General Meeting, May 11, 2026Tayho Advanced Materials Group Co., Ltd., Annual General Meeting, May 11, 2026, at 14:00 China Standard Time. Location: The Company's Meeting Room, Yantai, Shandong China
お知らせ • Mar 31Tayho Advanced Materials Group Co., Ltd. to Report Q1, 2026 Results on Apr 25, 2026Tayho Advanced Materials Group Co., Ltd. announced that they will report Q1, 2026 results on Apr 25, 2026
お知らせ • Dec 31Tayho Advanced Materials Group Co., Ltd. to Report Fiscal Year 2025 Results on Apr 14, 2026Tayho Advanced Materials Group Co., Ltd. announced that they will report fiscal year 2025 results on Apr 14, 2026
お知らせ • Sep 30Tayho Advanced Materials Group Co., Ltd. to Report Q3, 2025 Results on Oct 25, 2025Tayho Advanced Materials Group Co., Ltd. announced that they will report Q3, 2025 results on Oct 25, 2025
Declared Dividend • May 20Dividend reduced to CN¥0.02Dividend of CN¥0.02 is 60% lower than last year. Ex-date: 22nd May 2026 Payment date: 22nd May 2026 Dividend yield will be 0.1%, which is lower than the industry average of 3.3%. Payout Ratios Payout ratio: 33%. Cash payout ratio: 20%.
Board Change • May 20Less 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. 8 experienced directors. 3 highly experienced directors. 4 independent directors (7 non-independent directors). Independent Director Changjiang Tang was the last independent 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: Minority of independent directors. Insufficient board refreshment.
お知らせ • Apr 14Tayho Advanced Materials Group Co., Ltd., Annual General Meeting, May 11, 2026Tayho Advanced Materials Group Co., Ltd., Annual General Meeting, May 11, 2026, at 14:00 China Standard Time. Location: The Company's Meeting Room, Yantai, Shandong China
お知らせ • Mar 31Tayho Advanced Materials Group Co., Ltd. to Report Q1, 2026 Results on Apr 25, 2026Tayho Advanced Materials Group Co., Ltd. announced that they will report Q1, 2026 results on Apr 25, 2026
お知らせ • Dec 31Tayho Advanced Materials Group Co., Ltd. to Report Fiscal Year 2025 Results on Apr 14, 2026Tayho Advanced Materials Group Co., Ltd. announced that they will report fiscal year 2025 results on Apr 14, 2026
お知らせ • Sep 30Tayho Advanced Materials Group Co., Ltd. to Report Q3, 2025 Results on Oct 25, 2025Tayho Advanced Materials Group Co., Ltd. announced that they will report Q3, 2025 results on Oct 25, 2025
お知らせ • Jul 02Tayho Advanced Materials Group Co., Ltd. to Report First Half, 2025 Results on Aug 26, 2025Tayho Advanced Materials Group Co., Ltd. announced that they will report first half, 2025 results on Aug 26, 2025
お知らせ • Apr 22Tayho Advanced Materials Group Co., Ltd. Proposes Final Cash Dividend for 2024Tayho Advanced Materials Group Co., Ltd. proposed final cash dividend of CNY 0.50000000 per 10 shares (tax included) for the year 2024.
お知らせ • Apr 20Tayho Advanced Materials Group Co., Ltd., Annual General Meeting, May 12, 2025Tayho Advanced Materials Group Co., Ltd., Annual General Meeting, May 12, 2025, at 14:30 China Standard Time. Location: No.10, Heilongjiang Road, Yantai Economic and Technological Development Zone, Shandong China
お知らせ • Mar 31Tayho Advanced Materials Group Co., Ltd. to Report Q1, 2025 Results on Apr 26, 2025Tayho Advanced Materials Group Co., Ltd. announced that they will report Q1, 2025 results on Apr 26, 2025
お知らせ • Dec 31Tayho Advanced Materials Group Co., Ltd. to Report Fiscal Year 2024 Results on Apr 19, 2025Tayho Advanced Materials Group Co., Ltd. announced that they will report fiscal year 2024 results on Apr 19, 2025
Reported Earnings • Oct 29Third quarter 2024 earnings released: EPS: CN¥0.039 (vs CN¥0.079 in 3Q 2023)Third quarter 2024 results: EPS: CN¥0.039 (down from CN¥0.079 in 3Q 2023). Revenue: CN¥970.8m (flat on 3Q 2023). Net income: CN¥33.6m (down 47% from 3Q 2023). Profit margin: 3.5% (down from 6.5% in 3Q 2023). Revenue is forecast to grow 19% 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 58% per year but the company’s share price has only fallen by 17% per year, which means it has not declined as severely as earnings.
Valuation Update With 7 Day Price Move • Sep 30Investor sentiment improves as stock rises 23%After last week's 23% share price gain to CN¥10.06, the stock trades at a forward P/E ratio of 25x. Average forward P/E is 12x in the Luxury industry in China. Total loss to shareholders of 44% over the past three years.
お知らせ • Sep 30Tayho Advanced Materials Group Co., Ltd. to Report Q3, 2024 Results on Oct 29, 2024Tayho Advanced Materials Group Co., Ltd. announced that they will report Q3, 2024 results on Oct 29, 2024
Reported Earnings • Aug 17Second quarter 2024 earnings released: EPS: CN¥0.095 (vs CN¥0.098 in 2Q 2023)Second quarter 2024 results: EPS: CN¥0.095. Revenue: CN¥985.3m (up 6.1% from 2Q 2023). Net income: CN¥92.3m (up 16% from 2Q 2023). Profit margin: 9.4% (up from 8.6% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Luxury industry in China.
お知らせ • Jun 29Tayho Advanced Materials Group Co., Ltd. to Report First Half, 2024 Results on Aug 17, 2024Tayho Advanced Materials Group Co., Ltd. announced that they will report first half, 2024 results on Aug 17, 2024
お知らせ • May 31Tayho Advanced Materials Group Co., Ltd. Announces 2023 Final Profit Distribution on A Shares, Payable on June 6, 2024Tayho Advanced Materials Group Co., Ltd. announced final profit distribution plan to be implemented on A shares cash dividend/10 shares (tax included) of CNY 3.00000000 for the year 2023. Record date: 05 June 2024. Ex-date: 06 June 2024. Payment date: 06 June 2024.
お知らせ • Apr 30Tayho Advanced Materials Group Co., Ltd., Annual General Meeting, May 21, 2024Tayho Advanced Materials Group Co., Ltd., Annual General Meeting, May 21, 2024, at 14:00 China Standard Time. Location: The Company's Meeting Room, Yantai, Shandong China
New Risk • Apr 29New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 5.7% Last year net profit margin: 11% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (25% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (5.7% net profit margin).
Reported Earnings • Apr 29First quarter 2024 earnings released: EPS: CN¥0.03 (vs CN¥0.16 in 1Q 2023)First quarter 2024 results: EPS: CN¥0.03 (down from CN¥0.16 in 1Q 2023). Revenue: CN¥966.4m (down 4.5% from 1Q 2023). Net income: CN¥25.2m (down 81% from 1Q 2023). Profit margin: 2.6% (down from 13% in 1Q 2023). The decrease in margin was primarily driven by higher expenses. Revenue is forecast to grow 45% p.a. on average during the next 2 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 33% per year but the company’s share price has only fallen by 13% per year, which means it has not declined as severely as earnings.
Valuation Update With 7 Day Price Move • Apr 03Investor sentiment improves as stock rises 17%After last week's 17% share price gain to CN¥12.70, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 14x in the Luxury industry in China. Total loss to shareholders of 16% over the past three years.
お知らせ • Mar 30Tayho Advanced Materials Group Co., Ltd. to Report Q1, 2024 Results on Apr 29, 2024Tayho Advanced Materials Group Co., Ltd. announced that they will report Q1, 2024 results on Apr 29, 2024
Valuation Update With 7 Day Price Move • Feb 02Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to CN¥10.11, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 13x in the Luxury industry in China. Total loss to shareholders of 35% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥4.12 per share.
お知らせ • Dec 30Tayho Advanced Materials Group Co., Ltd. to Report Fiscal Year 2023 Results on Apr 13, 2024Tayho Advanced Materials Group Co., Ltd. announced that they will report fiscal year 2023 results on Apr 13, 2024
お知らせ • Dec 12Tayho Advanced Materials Group Co., Ltd. (SZSE:002254) announces an Equity Buyback for CNY 100 million worth of its shares.Tayho Advanced Materials Group Co., Ltd. (SZSE:002254) announces a share repurchase program. Under the program, the company will repurchase up to CNY 100 million worth of its A shares. The shares will be repurchased at a price not more than CNY 23.83 per share. The repurchased share will be used for employee stock ownership plan and equity incentives. The program will be valid for a period of 12 months.
Reported Earnings • Oct 29Third quarter 2023 earnings released: EPS: CN¥0.079 (vs CN¥0.02 in 3Q 2022)Third quarter 2023 results: EPS: CN¥0.079 (up from CN¥0.02 in 3Q 2022). Revenue: CN¥968.9m (up 14% from 3Q 2022). Net income: CN¥63.4m (up 373% from 3Q 2022). Profit margin: 6.5% (up from 1.6% in 3Q 2022). Revenue is forecast to grow 30% 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 fallen by 2% per year whereas the company’s share price has increased by 2% per year.
お知らせ • Sep 30Tayho Advanced Materials Group Co., Ltd. to Report Q3, 2023 Results on Oct 28, 2023Tayho Advanced Materials Group Co., Ltd. announced that they will report Q3, 2023 results on Oct 28, 2023
Reported Earnings • Jul 29Second quarter 2023 earnings released: EPS: CN¥0.098 (vs CN¥0.22 in 2Q 2022)Second quarter 2023 results: EPS: CN¥0.098 (down from CN¥0.22 in 2Q 2022). Revenue: CN¥928.7m (up 3.6% from 2Q 2022). Net income: CN¥79.5m (down 45% from 2Q 2022). Profit margin: 8.6% (down from 16% in 2Q 2022). Revenue is forecast to grow 28% 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 10% per year but the company’s share price has increased by 18% per year, which means it is tracking significantly ahead of earnings growth.
Buying Opportunity • Jul 19Now 21% undervaluedOver the last 90 days, the stock is up 12%. The fair value is estimated to be CN¥29.90, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 20% over the last 3 years. Earnings per share has grown by 23%. Revenue is forecast to grow by 108% in 2 years. Earnings is forecast to grow by 178% in the next 2 years.
Buying Opportunity • Jul 03Now 20% undervaluedOver the last 90 days, the stock is up 3.9%. The fair value is estimated to be CN¥30.17, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 20% over the last 3 years. Earnings per share has grown by 23%. Revenue is forecast to grow by 108% in 2 years. Earnings is forecast to grow by 178% in the next 2 years.
Board Change • Jul 01Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. 2 highly experienced directors. Vice Chairman Lixin Xu was the last director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.
お知らせ • Jul 01Tayho Advanced Materials Group Co., Ltd. to Report First Half, 2023 Results on Jul 29, 2023Tayho Advanced Materials Group Co., Ltd. announced that they will report first half, 2023 results on Jul 29, 2023
Valuation Update With 7 Day Price Move • Jun 28Investor sentiment improves as stock rises 18%After last week's 18% share price gain to CN¥24.47, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 16x in the Luxury industry in China. Total returns to shareholders of 97% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥28.87 per share.
Reported Earnings • Apr 29First quarter 2023 earnings released: EPS: CN¥0.16 (vs CN¥0.21 in 1Q 2022)First quarter 2023 results: EPS: CN¥0.16 (down from CN¥0.21 in 1Q 2022). Revenue: CN¥1.01b (down 4.1% from 1Q 2022). Net income: CN¥135.6m (down 7.1% from 1Q 2022). Profit margin: 13% (in line with 1Q 2022). Revenue is forecast to grow 28% 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 23% per year whereas the company’s share price has increased by 20% per year.
Buying Opportunity • Mar 23Now 20% undervaluedOver the last 90 days, the stock is up 11%. The fair value is estimated to be CN¥27.96, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 23% over the last 3 years. Earnings per share has grown by 35%. For the next 3 years, revenue is forecast to grow by 25% per annum. Earnings is also forecast to grow by 34% per annum over the same time period.
Buying Opportunity • Mar 03Now 20% undervaluedOver the last 90 days, the stock is up 29%. The fair value is estimated to be CN¥33.85, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 23% over the last 3 years. Earnings per share has grown by 35%. Revenue is forecast to grow by 111% in 2 years. Earnings is forecast to grow by 185% in the next 2 years.
Reported Earnings • Mar 02Full year 2022 earnings released: EPS: CN¥0.67 (vs CN¥1.41 in FY 2021)Full year 2022 results: EPS: CN¥0.67 (down from CN¥1.41 in FY 2021). Revenue: CN¥3.75b (down 15% from FY 2021). Net income: CN¥455.2m (down 53% from FY 2021). Profit margin: 12% (down from 22% in FY 2021). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 25% 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 increased by 35% per year but the company’s share price has only increased by 25% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Dec 06Investor sentiment improved over the past weekAfter last week's 16% share price gain to CN¥22.99, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 13x in the Luxury industry in China. Total returns to shareholders of 132% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥44.19 per share.
Reported Earnings • Oct 31Third quarter 2022 earnings released: EPS: CN¥0.02 (vs CN¥0.43 in 3Q 2021)Third quarter 2022 results: EPS: CN¥0.02 (down from CN¥0.43 in 3Q 2021). Revenue: CN¥850.8m (down 26% from 3Q 2021). Net income: CN¥13.4m (down 95% from 3Q 2021). Profit margin: 1.6% (down from 25% in 3Q 2021). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 26% 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 47% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Apr 11Full year 2021 earnings released: EPS: CN¥1.41 (vs CN¥0.41 in FY 2020)Full year 2021 results: EPS: CN¥1.41 (up from CN¥0.41 in FY 2020). Revenue: CN¥4.40b (up 80% from FY 2020). Net income: CN¥965.7m (up 270% from FY 2020). Profit margin: 22% (up from 11% in FY 2020). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 25%, compared to a 25% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has increased by 59% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth.
Board Change • Mar 29High number of new directorsVice Chairman Lixin Xu was the last director to join the board, commencing their role in 2020.
Valuation Update With 7 Day Price Move • Mar 10Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to CN¥16.42, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 12x in the Luxury industry in China. Total returns to shareholders of 51% over the past three years.
Reported Earnings • Feb 27Full year 2021 earnings: EPS in line with expectations, revenues disappointFull year 2021 results: EPS: CN¥1.43 (up from CN¥0.41 in FY 2020). Revenue: CN¥4.41b (up 81% from FY 2020). Net income: CN¥975.3m (up 274% from FY 2020). Profit margin: 22% (up from 11% in FY 2020). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 1.7%. Over the next year, revenue is forecast to grow 25%, compared to a 46% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has increased by 60% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Nov 11Investor sentiment improved over the past weekAfter last week's 18% share price gain to CN¥21.33, the stock trades at a forward P/E ratio of 15x. 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¥35.54 per share.
Reported Earnings • Oct 23Third quarter 2021 earnings released: EPS CN¥0.43 (vs CN¥0.09 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: CN¥1.16b (up 94% from 3Q 2020). Net income: CN¥290.9m (up 399% from 3Q 2020). Profit margin: 25% (up from 9.8% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 50% per year but the company’s share price has only increased by 22% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Aug 24Investor sentiment improved over the past weekAfter last week's 15% share price gain to CN¥22.37, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 15x in the Luxury industry in China. Total returns to shareholders of 92% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥17.82 per share.
Reported Earnings • Jul 28Second quarter 2021 earnings released: EPS CN¥0.38 (vs CN¥0.11 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CN¥1.17b (up 95% from 2Q 2020). Net income: CN¥263.4m (up 273% from 2Q 2020). Profit margin: 23% (up from 12% 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 38% per year but the company’s share price has only increased by 21% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Apr 20Full year 2020 earnings released: EPS CN¥0.41 (vs CN¥0.35 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¥2.44b (down 4.0% from FY 2019). Net income: CN¥260.7m (up 21% from FY 2019). Profit margin: 11% (up from 8.5% in FY 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Feb 23Investor sentiment improved over the past weekAfter last week's 19% share price gain to CN¥22.03, the stock is trading at a trailing P/E ratio of 57.9x, up from the previous P/E ratio of 48.6x. This compares to an average P/E of 27x in the Luxury industry in China. Total returns to shareholders over the past three years are 86%.
Is New 90 Day High Low • Feb 20New 90-day high: CN¥20.33The company is up 28% from its price of CN¥15.85 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 8.0% over the same period.
Is New 90 Day High Low • Jan 27New 90-day high: CN¥17.63The company is up 22% from its price of CN¥14.42 on 30 October 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 12% over the same period.
Is New 90 Day High Low • Jan 12New 90-day high: CN¥17.31The company is up 6.0% from its price of CN¥16.32 on 15 October 2020. The Chinese market is up 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Luxury industry, which is down 13% over the same period.
Is New 90 Day High Low • Nov 16New 90-day high: CN¥16.93The company is up 3.0% from its price of CN¥16.45 on 18 August 2020. The Chinese market is down 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Luxury industry, which is down 2.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥1.22 per share.
Analyst Estimate Surprise Post Earnings • Oct 27Third-quarter earnings released: Revenue misses expectationsThird-quarter revenue missed analyst estimates by 11% at CN¥595.8m. Revenue is forecast to grow 16% over the next year, compared to a 19% growth forecast for the Luxury industry in China.
Reported Earnings • Oct 26Third quarter earnings releasedOver the last 12 months the company has reported total profits of CN¥247.6m, up 49% from the prior year. Total revenue was CN¥2.36b over the last 12 months, down 4.8% from the prior year.
