Toread Holdings Group（300005）株式概要トリード・ホールディングス・グループは、中国でアウトドア製品の研究・開発・運営・販売を行っている。 詳細300005 ファンダメンタル分析スノーフレーク・スコア評価0/6将来の成長5/6過去の実績3/6財務の健全性5/6配当金0/6報酬収益は年間33.37%増加すると予測されています 過去1年間で収益は1.6%増加しました リスク分析CN市場と比較して、過去 3 か月間の株価の変動が非常に大きい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300005 Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.NEW476,166 membersJoin community and earn perksGain real feedbackFrom our editorial team, personally. Not silence.Grow your followingReal investors. The kind who actually invest, not scroll past.Unlock free accessFree premium subscription for consistent and quality authors.Learn moreCreate NarrativeBLINRODA476,166 investors already sharing narrativesYour Fair ValueCN¥Current PriceCN¥10.8646.0% 割安 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture-258m4b2016201920222025202620282031Revenue CN¥3.9bEarnings CN¥220.2mAdvancedSet Fair ValueView all narrativesToread Holdings Group Co., Ltd. 競合他社Rastar GroupSymbol: SZSE:300043Market cap: CN¥6.0bYotrio GroupSymbol: SZSE:002489Market cap: CN¥5.9bShuhua SportsSymbol: SHSE:605299Market cap: CN¥5.1bAlpha GroupSymbol: SZSE:002292Market cap: CN¥12.0b価格と性能株価の高値、安値、推移の概要Toread Holdings Group過去の株価現在の株価CN¥11.3052週高値CN¥25.7452週安値CN¥8.17ベータ0.501ヶ月の変化-45.36%3ヶ月変化-22.28%1年変化23.63%3年間の変化45.62%5年間の変化0.71%IPOからの変化12.55%最新ニュースお知らせ • Jun 30Toread Holdings Group Co., Ltd. to Report First Half, 2026 Results on Aug 29, 2026Toread Holdings Group Co., Ltd. announced that they will report first half, 2026 results on Aug 29, 2026Declared Dividend • May 25Dividend reduced to CN¥0.01Dividend of CN¥0.01 is 17% lower than last year. Ex-date: 29th May 2026 Payment date: 29th May 2026 Dividend yield will be 0.07%, which is lower than the industry average of 2.0%. Payout Ratios Payout ratio: 10%. Cash payout ratio: 11%.お知らせ • Apr 29Toread Holdings Group Co., Ltd., Annual General Meeting, May 20, 2026Toread Holdings Group Co., Ltd., Annual General Meeting, May 20, 2026, at 14:00 China Standard Time. Location: 1F, South Tower, No. 28, Hongfu Technology Park, Beiqijia Town, Changping District, Beijing Chinaお知らせ • Mar 31Toread Holdings Group Co., Ltd. to Report Q1, 2026 Results on Apr 29, 2026Toread Holdings Group Co., Ltd. announced that they will report Q1, 2026 results on Apr 29, 2026お知らせ • Dec 31Toread Holdings Group Co., Ltd. to Report Fiscal Year 2025 Results on Apr 29, 2026Toread Holdings Group Co., Ltd. announced that they will report fiscal year 2025 results on Apr 29, 2026お知らせ • Dec 03+ 2 more updatesToread Holdings Group Co., Ltd. (SZSE:300005) signed a letter of intent to acquire 32.65% stake in ShenZhen Betterlife Electronic Science And Technology CO., Ltd. from a group of shareholders for approximately CNY 240 million.Toread Holdings Group Co., Ltd. (SZSE:300005) signed a letter of intent to acquire 32.65% stake in ShenZhen Betterlife Electronic Science And Technology CO., Ltd. from a group of shareholders for approximately CNY 240 million on November 30, 2025. A cash consideration of CNY 239.86 million will be paid by Toread Holdings Group Co., Ltd. As part of consideration, CNY 239.86 million is paid towards common equity of ShenZhen Betterlife Electronic Science And Technology CO., Ltd. In a related transaction The Company intends to sign an agreement to acquire 18.35% of ShenZhen Betterlife Electronic Science And Technology CO., Ltd. shares held by the Zhang Chi, Chen Youbo, and Hu Rongh using its own funds of CNY 81.435405 million. The transaction is subject to approval of offer by acquirer board. The deal has been approved by the board.最新情報をもっと見るRecent updatesお知らせ • Jun 30Toread Holdings Group Co., Ltd. to Report First Half, 2026 Results on Aug 29, 2026Toread Holdings Group Co., Ltd. announced that they will report first half, 2026 results on Aug 29, 2026Declared Dividend • May 25Dividend reduced to CN¥0.01Dividend of CN¥0.01 is 17% lower than last year. Ex-date: 29th May 2026 Payment date: 29th May 2026 Dividend yield will be 0.07%, which is lower than the industry average of 2.0%. Payout Ratios Payout ratio: 10%. Cash payout ratio: 11%.お知らせ • Apr 29Toread Holdings Group Co., Ltd., Annual General Meeting, May 20, 2026Toread Holdings Group Co., Ltd., Annual General Meeting, May 20, 2026, at 14:00 China Standard Time. Location: 1F, South Tower, No. 28, Hongfu Technology Park, Beiqijia Town, Changping District, Beijing Chinaお知らせ • Mar 31Toread Holdings Group Co., Ltd. to Report Q1, 2026 Results on Apr 29, 2026Toread Holdings Group Co., Ltd. announced that they will report Q1, 2026 results on Apr 29, 2026お知らせ • Dec 31Toread Holdings Group Co., Ltd. to Report Fiscal Year 2025 Results on Apr 29, 2026Toread Holdings Group Co., Ltd. announced that they will report fiscal year 2025 results on Apr 29, 2026お知らせ • Dec 03+ 2 more updatesToread Holdings Group Co., Ltd. (SZSE:300005) signed a letter of intent to acquire 32.65% stake in ShenZhen Betterlife Electronic Science And Technology CO., Ltd. from a group of shareholders for approximately CNY 240 million.Toread Holdings Group Co., Ltd. (SZSE:300005) signed a letter of intent to acquire 32.65% stake in ShenZhen Betterlife Electronic Science And Technology CO., Ltd. from a group of shareholders for approximately CNY 240 million on November 30, 2025. A cash consideration of CNY 239.86 million will be paid by Toread Holdings Group Co., Ltd. As part of consideration, CNY 239.86 million is paid towards common equity of ShenZhen Betterlife Electronic Science And Technology CO., Ltd. In a related transaction The Company intends to sign an agreement to acquire 18.35% of ShenZhen Betterlife Electronic Science And Technology CO., Ltd. shares held by the Zhang Chi, Chen Youbo, and Hu Rongh using its own funds of CNY 81.435405 million. The transaction is subject to approval of offer by acquirer board. The deal has been approved by the board.お知らせ • Sep 30Toread Holdings Group Co., Ltd. to Report Q3, 2025 Results on Oct 30, 2025Toread Holdings Group Co., Ltd. announced that they will report Q3, 2025 results on Oct 30, 2025お知らせ • Aug 26Toread Holdings Group Co., Ltd. announced that it expects to receive CNY 1.930005568 billion in funding from Beijing Tongyu Heying Investment Management Co., Ltd. and another investorToread Holdings Group Co., Ltd. announced that it has entered into a share subscription agreement to issue 265,110,655 A shares at an issue price of CNY 7.28 per share for gross proceeds of CNY 1,930,005,568.4 on August 25, 2025. The transaction includes participation from Li Ming and his controlled enterprise Beijing Tongyu Heying Investment Management Co., Ltd. The shares cannot be transferred within 36 months from the issuance closing date. The company has received shareholder approval in the 5th meeting of the company's 6th directorate and the company is subject to approvals of the shareholders, the Shenzhen Stock Exchange, and the China Securities Regulatory Commission.お知らせ • Jul 02Toread Holdings Group Co., Ltd. to Report First Half, 2025 Results on Aug 29, 2025Toread Holdings Group Co., Ltd. announced that they will report first half, 2025 results on Aug 29, 2025お知らせ • Apr 29Toread Holdings Group Co., Ltd., Annual General Meeting, May 20, 2025Toread Holdings Group Co., Ltd., Annual General Meeting, May 20, 2025, at 14:30 China Standard Time.お知らせ • Mar 31Toread Holdings Group Co., Ltd. to Report Q1, 2025 Results on Apr 29, 2025Toread Holdings Group Co., Ltd. announced that they will report Q1, 2025 results on Apr 29, 2025お知らせ • Mar 07Toread Holdings Group Co., Ltd. Announces Management AppointmentsToread Holdings Group Co., Ltd. announced that at the EGM held on 05 March 2025 approved election of Mao Zhimiao as non-independent director and election of Meng Xing as non-employee supervisor.お知らせ • Dec 31Toread Holdings Group Co., Ltd. to Report Fiscal Year 2024 Results on Apr 29, 2025Toread Holdings Group Co., Ltd. announced that they will report fiscal year 2024 results on Apr 29, 2025Reported Earnings • Oct 30Third quarter 2024 earnings released: EPS: CN¥0.019 (vs CN¥0.028 in 3Q 2023)Third quarter 2024 results: EPS: CN¥0.019 (down from CN¥0.028 in 3Q 2023). Revenue: CN¥399.3m (up 6.5% from 3Q 2023). Net income: CN¥16.2m (down 34% from 3Q 2023). Profit margin: 4.1% (down from 6.5% in 3Q 2023). Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Leisure industry in China. Over the last 3 years on average, earnings per share has increased by 56% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Oct 15Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to CN¥6.47, the stock trades at a forward P/E ratio of 30x. Average forward P/E is 15x in the Leisure industry in China. Total loss to shareholders of 25% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥3.32 per share.Valuation Update With 7 Day Price Move • Sep 30Investor sentiment improves as stock rises 31%After last week's 31% share price gain to CN¥6.55, the stock trades at a forward P/E ratio of 30x. Average forward P/E is 15x in the Leisure industry in China. Total loss to shareholders of 23% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥3.32 per share.お知らせ • Sep 30Toread Holdings Group Co., Ltd. to Report Q3, 2024 Results on Oct 30, 2024Toread Holdings Group Co., Ltd. announced that they will report Q3, 2024 results on Oct 30, 2024New Risk • Aug 28New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 21% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (8.5% average weekly change). Large one-off items impacting financial results.Reported Earnings • Aug 28Second quarter 2024 earnings released: EPS: CN¥0.017 (vs CN¥0.004 in 2Q 2023)Second quarter 2024 results: EPS: CN¥0.017 (up from CN¥0.004 in 2Q 2023). Revenue: CN¥326.0m (up 4.1% from 2Q 2023). Net income: CN¥14.3m (up 348% from 2Q 2023). Profit margin: 4.4% (up from 1.0% in 2Q 2023). Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Leisure industry in China. Over the last 3 years on average, earnings per share has increased by 76% per year but the company’s share price has fallen by 21% per year, which means it is significantly lagging earnings.New Risk • Aug 22New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 7.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company.Valuation Update With 7 Day Price Move • Aug 16Investor sentiment improves as stock rises 15%After last week's 15% share price gain to CN¥5.22, the stock trades at a forward P/E ratio of 25x. Average forward P/E is 13x in the Leisure industry in China. Total loss to shareholders of 50% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥9.98 per share.お知らせ • Jun 29Toread Holdings Group Co., Ltd. to Report First Half, 2024 Results on Aug 28, 2024Toread Holdings Group Co., Ltd. announced that they will report first half, 2024 results on Aug 28, 2024お知らせ • Jun 27Toread Holdings Group Co., Ltd. Announces Dividend Implementation for 2023, Payable on 03 July 2024Toread Holdings Group Co., Ltd. announced 2023 final profit distribution plan to be implemented (A shares): Cash dividend/10 shares (tax included): CNY0.24000000. Record date: 02 July 2024; Ex-date: 03 July 2024; Payment date: 03 July 2024.お知らせ • Apr 28Toread Holdings Group Co., Ltd., Annual General Meeting, May 20, 2024Toread Holdings Group Co., Ltd., Annual General Meeting, May 20, 2024, at 15:00 China Standard Time. Location: 1F, South Tower, No. 28, Hongfu Technology Park, Beiqijia Town, Changping District, Beijing China Agenda: To consider the 2023 work report of the board of directors; to consider the 2023 work report of the supervisory committee; to consider the 2023 annual report and its summary; to consider the 2023 annual accounts report; to consider the 2023 profit distribution plan; to consider the reappointment of 2024 audit firm; to consider the amendments to the Company's articles of association; and to consider the authorization to the board to handle matters regarding the share offering to specific parties via a simplified procedure.お知らせ • Apr 27Toread Holdings Group Co., Ltd. Proposes Final Dividend for 2023Toread Holdings Group Co., Ltd. announced on 26 April 2024 the profit distribution proposal for 2023 as follows: Cash dividend/10 shares (tax included): CNY 0.24000000.Reported Earnings • Apr 26Full year 2023 earnings released: EPS: CN¥0.082 (vs CN¥0.079 in FY 2022)Full year 2023 results: EPS: CN¥0.082 (up from CN¥0.079 in FY 2022). Revenue: CN¥1.39b (up 22% from FY 2022). Net income: CN¥71.8m (up 2.7% from FY 2022). Profit margin: 5.2% (down from 6.1% in FY 2022). Over the last 3 years on average, earnings per share has increased by 111% per year but the company’s share price has fallen by 16% per year, which means it is significantly lagging earnings.Valuation Update With 7 Day Price Move • Apr 17Investor sentiment deteriorates as stock falls 20%After last week's 20% share price decline to CN¥4.20, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 14x in the Leisure industry in China. Total loss to shareholders of 45% over the past three years.お知らせ • Mar 30Toread Holdings Group Co., Ltd. to Report Q1, 2024 Results on Apr 26, 2024Toread Holdings Group Co., Ltd. announced that they will report Q1, 2024 results on Apr 26, 2024お知らせ • Feb 08Toread Holdings Group Co., Ltd. (SZSE:300005) announces an Equity Buyback for CNY 150 million worth of its shares.Toread Holdings Group Co., Ltd. (SZSE:300005) announces a share repurchase program. Under the program, the company will repurchase up to CNY 150 million worth of its shares. The shares will be repurchased at a price not more than CNY 8.61 per share. The repurchased shares will be used to safeguard the company's value and shareholders' rights, and will be sold within the specified period in accordance with relevant repurchase rules and regulatory guidelines. The authorization will be valid for a period of 3 months.Valuation Update With 7 Day Price Move • Jan 31Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to CN¥4.60, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 13x in the Leisure industry in China. Total loss to shareholders of 33% over the past three years.お知らせ • Dec 29Toread Holdings Group Co., Ltd. to Report Fiscal Year 2023 Results on Apr 26, 2024Toread Holdings Group Co., Ltd. announced that they will report fiscal year 2023 results on Apr 26, 2024Reported Earnings • Nov 01Third quarter 2023 earnings released: EPS: CN¥0.028 (vs CN¥0.011 loss in 3Q 2022)Third quarter 2023 results: EPS: CN¥0.028 (up from CN¥0.011 loss in 3Q 2022). Revenue: CN¥375.0m (up 32% from 3Q 2022). Net income: CN¥24.5m (up CN¥34.1m from 3Q 2022). Profit margin: 6.5% (up from net loss in 3Q 2022). Revenue is forecast to grow 17% p.a. on average during the next 2 years, compared to a 18% growth forecast for the Leisure industry in China. Over the last 3 years on average, earnings per share has increased by 111% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Oct 23Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to CN¥6.29, the stock trades at a forward P/E ratio of 39x. Average forward P/E is 16x in the Leisure industry in China. Total returns to shareholders of 1.9% over the past three years.New Risk • Oct 09New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 6.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (6.1% average weekly change). Large one-off items impacting financial results.Reported Earnings • Aug 30Second quarter 2023 earnings released: EPS: CN¥0.004 (vs CN¥0.014 in 2Q 2022)Second quarter 2023 results: EPS: CN¥0.004 (down from CN¥0.014 in 2Q 2022). Revenue: CN¥313.0m (up 24% from 2Q 2022). Net income: CN¥3.20m (down 75% from 2Q 2022). Profit margin: 1.0% (down from 5.0% in 2Q 2022). Revenue is forecast to grow 27% p.a. on average during the next 2 years, compared to a 18% growth forecast for the Leisure industry in China. Over the last 3 years on average, earnings per share has increased by 102% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.Reported Earnings • Apr 28First quarter 2023 earnings released: EPS: CN¥0.021 (vs CN¥0.009 in 1Q 2022)First quarter 2023 results: EPS: CN¥0.021 (up from CN¥0.009 in 1Q 2022). Revenue: CN¥242.5m (up 15% from 1Q 2022). Net income: CN¥18.4m (up 124% from 1Q 2022). Profit margin: 7.6% (up from 3.9% in 1Q 2022). Over the last 3 years on average, earnings per share has increased by 73% per year but the company’s share price has only increased by 37% per year, which means it is significantly lagging earnings growth.Board Change • Nov 16High number of new and inexperienced directorsThere are 7 new directors who have joined the board in the last 3 years. The company's board is composed of: 7 new directors. 4 experienced directors. No highly experienced directors. Non-Independent Director Jiapeng Dong is the most experienced director on the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.Reported Earnings • Oct 28Third quarter 2022 earnings released: CN¥0.011 loss per share (vs CN¥0.017 profit in 3Q 2021)Third quarter 2022 results: CN¥0.011 loss per share (down from CN¥0.017 profit in 3Q 2021). Revenue: CN¥283.7m (up 14% from 3Q 2021). Net loss: CN¥9.63m (down 163% from profit in 3Q 2021). Revenue is forecast to grow 38% p.a. on average during the next 2 years, compared to a 23% growth forecast for the Leisure industry in China. Over the last 3 years on average, earnings per share has increased by 27% per year whereas the company’s share price has increased by 25% per year.Reported Earnings • Aug 29Second quarter 2022 earnings released: EPS: CN¥0.014 (vs CN¥0.004 in 2Q 2021)Second quarter 2022 results: EPS: CN¥0.014 (up from CN¥0.004 in 2Q 2021). Revenue: CN¥253.2m (up 13% from 2Q 2021). Net income: CN¥12.7m (up 297% from 2Q 2021). Profit margin: 5.0% (up from 1.4% in 2Q 2021). Over the next year, revenue is forecast to grow 41%, compared to a 28% growth forecast for the Leisure industry in China. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has increased by 29% per year, which means it is tracking significantly ahead of earnings growth.Reported Earnings • Apr 27Full year 2021 earnings released: EPS: CN¥0.062 (vs CN¥0.31 loss in FY 2020)Full year 2021 results: EPS: CN¥0.062 (up from CN¥0.31 loss in FY 2020). Revenue: CN¥1.24b (up 36% from FY 2020). Net income: CN¥54.5m (up CN¥329.4m from FY 2020). Profit margin: 4.4% (up from net loss in FY 2020). Over the next year, revenue is forecast to grow 11%, compared to a 29% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has increased by 22% per year, which means it is tracking significantly ahead of earnings growth.Board Change • Apr 27High number of new and inexperienced directorsThere are 8 new directors who have joined the board in the last 3 years. The company's board is composed of: 8 new directors. 4 experienced directors. No highly experienced directors. Non-Independent Director Jiapeng Dong is the most experienced director on the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.Reported Earnings • Oct 26Third quarter 2021 earnings released: EPS CN¥0.017 (vs CN¥0.042 loss in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: CN¥249.1m (up 49% from 3Q 2020). Net income: CN¥15.4m (up CN¥52.1m from 3Q 2020). Profit margin: 6.2% (up from net loss in 3Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 38% per year, which means it is well ahead of earnings.Reported Earnings • Aug 26Second quarter 2021 earnings released: EPS CN¥0.004 (vs CN¥0.16 loss in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CN¥224.3m (up 46% from 2Q 2020). Net income: CN¥3.21m (up CN¥142.0m from 2Q 2020). Profit margin: 1.4% (up from net loss in 2Q 2020). The move to profitability was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has increased by 49% per year, which means it is well ahead of earnings.Reported Earnings • Apr 17Full year 2020 earnings released: CN¥0.31 loss per share (vs CN¥0.13 profit in FY 2019)The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2020 results: Revenue: CN¥912.2m (down 40% from FY 2019). Net loss: CN¥274.9m (down 343% from profit in FY 2019). Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 19% per year, which means it is well ahead of earnings.Reported Earnings • Oct 29Third quarter earnings releasedOver the last 12 months the company has reported total losses of CN¥168.3m, with losses widening by 60% from the prior year. Total revenue was CN¥989.2m over the last 12 months, down 43% from the prior year.Is New 90 Day High Low • Sep 21New 90-day high: CN¥7.00The company is up 75% from its price of CN¥4.01 on 23 June 2020. The Chinese market is up 14% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Leisure industry, which is up 18% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥0.072 per share.株主還元300005CN LeisureCN 市場7D22.7%2.5%5.1%1Y23.6%-6.0%12.8%株主還元を見る業界別リターン: 300005過去 1 年間で-6 % の収益を上げたCN Leisure業界を上回りました。リターン対市場: 300005過去 1 年間で12.8 % の収益を上げたCN市場を上回りました。価格変動Is 300005's price volatile compared to industry and market?300005 volatility300005 Average Weekly Movement14.1%Leisure Industry Average Movement5.8%Market Average Movement7.4%10% most volatile stocks in CN Market12.6%10% least volatile stocks in CN Market4.4%安定した株価: 300005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: 300005の weekly volatility ( 14% ) 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1999661Huajie Hewww.toread.com.cn中国でアウトドア製品の研究・開発・運営・販売を行っている。同社はアウトドア製品事業とチップ事業の2つのセグメントで事業を展開している。同社は、ジャケット、肌着、ダウンジャケット、Tシャツ、ズボン、靴、バックパック、テント、寝袋、登山用品などのアウトドア製品、子供用アウトドア製品とアクセサリーを提供している。また、miniLEDバックライトドライバーチップ、miniLEDダイレクトディスプレイドライバーチップ、microLEDバックプレーンチップ、プレッシャータッチチップなどのチップも提供している。さらに、マーチャンダイジング事業、投資管理、経営管理コンサルティング、半導体設計開発、ソフトウェア開発にも携わっている。同社はTOREAD、TOREADKIDS、TOREAD Xのブランド名でアウトドア製品を提供している。同社は以前、北京東聯アウトドアプロダクツ有限公司として知られていたが、2015年7月に東聯控股集団有限公司に社名を変更した。Toread Holdings Group Co., Ltd.は1999年に設立され、中国の北京に本社を置いている。もっと見るToread Holdings Group Co., Ltd. 基礎のまとめToread Holdings Group の収益と売上を時価総額と比較するとどうか。300005 基礎統計学時価総額CN¥9.62b収益（TTM）CN¥86.11m売上高(TTM)CN¥1.52b111.8xPER（株価収益率6.3xP/Sレシオ300005 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300005 損益計算書（TTM）収益CN¥1.52b売上原価CN¥895.45m売上総利益CN¥625.38mその他の費用CN¥539.27m収益CN¥86.11m直近の収益報告Mar 31, 2026次回決算日Aug 29, 2026一株当たり利益（EPS）0.10グロス・マージン41.12%純利益率5.66%有利子負債／自己資本比率13.4%300005 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0.09%現在の配当利回り10%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2026/08/07 14:17終値2026/08/07 00:00収益2026/03/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレークこのレポートを生成するために使用した分析モデルの詳細は、当社のGitHubページでご覧いただけます。また、レポートの活用方法に関するガイドやYouTubeのチュートリアルも用意しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Toread Holdings Group 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。11 アナリスト機関Liangbi ZhaoChina Galaxy Securities Co., Ltd.Runbo YangChina International Capital Corporation LimitedSophia ZhangChina Stock Investment Research Co. Ltd. (DeepValue.online)8 その他のアナリストを表示
お知らせ • Jun 30Toread Holdings Group Co., Ltd. to Report First Half, 2026 Results on Aug 29, 2026Toread Holdings Group Co., Ltd. announced that they will report first half, 2026 results on Aug 29, 2026
Declared Dividend • May 25Dividend reduced to CN¥0.01Dividend of CN¥0.01 is 17% lower than last year. Ex-date: 29th May 2026 Payment date: 29th May 2026 Dividend yield will be 0.07%, which is lower than the industry average of 2.0%. Payout Ratios Payout ratio: 10%. Cash payout ratio: 11%.
お知らせ • Apr 29Toread Holdings Group Co., Ltd., Annual General Meeting, May 20, 2026Toread Holdings Group Co., Ltd., Annual General Meeting, May 20, 2026, at 14:00 China Standard Time. Location: 1F, South Tower, No. 28, Hongfu Technology Park, Beiqijia Town, Changping District, Beijing China
お知らせ • Mar 31Toread Holdings Group Co., Ltd. to Report Q1, 2026 Results on Apr 29, 2026Toread Holdings Group Co., Ltd. announced that they will report Q1, 2026 results on Apr 29, 2026
お知らせ • Dec 31Toread Holdings Group Co., Ltd. to Report Fiscal Year 2025 Results on Apr 29, 2026Toread Holdings Group Co., Ltd. announced that they will report fiscal year 2025 results on Apr 29, 2026
お知らせ • Dec 03+ 2 more updatesToread Holdings Group Co., Ltd. (SZSE:300005) signed a letter of intent to acquire 32.65% stake in ShenZhen Betterlife Electronic Science And Technology CO., Ltd. from a group of shareholders for approximately CNY 240 million.Toread Holdings Group Co., Ltd. (SZSE:300005) signed a letter of intent to acquire 32.65% stake in ShenZhen Betterlife Electronic Science And Technology CO., Ltd. from a group of shareholders for approximately CNY 240 million on November 30, 2025. A cash consideration of CNY 239.86 million will be paid by Toread Holdings Group Co., Ltd. As part of consideration, CNY 239.86 million is paid towards common equity of ShenZhen Betterlife Electronic Science And Technology CO., Ltd. In a related transaction The Company intends to sign an agreement to acquire 18.35% of ShenZhen Betterlife Electronic Science And Technology CO., Ltd. shares held by the Zhang Chi, Chen Youbo, and Hu Rongh using its own funds of CNY 81.435405 million. The transaction is subject to approval of offer by acquirer board. The deal has been approved by the board.
お知らせ • Jun 30Toread Holdings Group Co., Ltd. to Report First Half, 2026 Results on Aug 29, 2026Toread Holdings Group Co., Ltd. announced that they will report first half, 2026 results on Aug 29, 2026
Declared Dividend • May 25Dividend reduced to CN¥0.01Dividend of CN¥0.01 is 17% lower than last year. Ex-date: 29th May 2026 Payment date: 29th May 2026 Dividend yield will be 0.07%, which is lower than the industry average of 2.0%. Payout Ratios Payout ratio: 10%. Cash payout ratio: 11%.
お知らせ • Apr 29Toread Holdings Group Co., Ltd., Annual General Meeting, May 20, 2026Toread Holdings Group Co., Ltd., Annual General Meeting, May 20, 2026, at 14:00 China Standard Time. Location: 1F, South Tower, No. 28, Hongfu Technology Park, Beiqijia Town, Changping District, Beijing China
お知らせ • Mar 31Toread Holdings Group Co., Ltd. to Report Q1, 2026 Results on Apr 29, 2026Toread Holdings Group Co., Ltd. announced that they will report Q1, 2026 results on Apr 29, 2026
お知らせ • Dec 31Toread Holdings Group Co., Ltd. to Report Fiscal Year 2025 Results on Apr 29, 2026Toread Holdings Group Co., Ltd. announced that they will report fiscal year 2025 results on Apr 29, 2026
お知らせ • Dec 03+ 2 more updatesToread Holdings Group Co., Ltd. (SZSE:300005) signed a letter of intent to acquire 32.65% stake in ShenZhen Betterlife Electronic Science And Technology CO., Ltd. from a group of shareholders for approximately CNY 240 million.Toread Holdings Group Co., Ltd. (SZSE:300005) signed a letter of intent to acquire 32.65% stake in ShenZhen Betterlife Electronic Science And Technology CO., Ltd. from a group of shareholders for approximately CNY 240 million on November 30, 2025. A cash consideration of CNY 239.86 million will be paid by Toread Holdings Group Co., Ltd. As part of consideration, CNY 239.86 million is paid towards common equity of ShenZhen Betterlife Electronic Science And Technology CO., Ltd. In a related transaction The Company intends to sign an agreement to acquire 18.35% of ShenZhen Betterlife Electronic Science And Technology CO., Ltd. shares held by the Zhang Chi, Chen Youbo, and Hu Rongh using its own funds of CNY 81.435405 million. The transaction is subject to approval of offer by acquirer board. The deal has been approved by the board.
お知らせ • Sep 30Toread Holdings Group Co., Ltd. to Report Q3, 2025 Results on Oct 30, 2025Toread Holdings Group Co., Ltd. announced that they will report Q3, 2025 results on Oct 30, 2025
お知らせ • Aug 26Toread Holdings Group Co., Ltd. announced that it expects to receive CNY 1.930005568 billion in funding from Beijing Tongyu Heying Investment Management Co., Ltd. and another investorToread Holdings Group Co., Ltd. announced that it has entered into a share subscription agreement to issue 265,110,655 A shares at an issue price of CNY 7.28 per share for gross proceeds of CNY 1,930,005,568.4 on August 25, 2025. The transaction includes participation from Li Ming and his controlled enterprise Beijing Tongyu Heying Investment Management Co., Ltd. The shares cannot be transferred within 36 months from the issuance closing date. The company has received shareholder approval in the 5th meeting of the company's 6th directorate and the company is subject to approvals of the shareholders, the Shenzhen Stock Exchange, and the China Securities Regulatory Commission.
お知らせ • Jul 02Toread Holdings Group Co., Ltd. to Report First Half, 2025 Results on Aug 29, 2025Toread Holdings Group Co., Ltd. announced that they will report first half, 2025 results on Aug 29, 2025
お知らせ • Apr 29Toread Holdings Group Co., Ltd., Annual General Meeting, May 20, 2025Toread Holdings Group Co., Ltd., Annual General Meeting, May 20, 2025, at 14:30 China Standard Time.
お知らせ • Mar 31Toread Holdings Group Co., Ltd. to Report Q1, 2025 Results on Apr 29, 2025Toread Holdings Group Co., Ltd. announced that they will report Q1, 2025 results on Apr 29, 2025
お知らせ • Mar 07Toread Holdings Group Co., Ltd. Announces Management AppointmentsToread Holdings Group Co., Ltd. announced that at the EGM held on 05 March 2025 approved election of Mao Zhimiao as non-independent director and election of Meng Xing as non-employee supervisor.
お知らせ • Dec 31Toread Holdings Group Co., Ltd. to Report Fiscal Year 2024 Results on Apr 29, 2025Toread Holdings Group Co., Ltd. announced that they will report fiscal year 2024 results on Apr 29, 2025
Reported Earnings • Oct 30Third quarter 2024 earnings released: EPS: CN¥0.019 (vs CN¥0.028 in 3Q 2023)Third quarter 2024 results: EPS: CN¥0.019 (down from CN¥0.028 in 3Q 2023). Revenue: CN¥399.3m (up 6.5% from 3Q 2023). Net income: CN¥16.2m (down 34% from 3Q 2023). Profit margin: 4.1% (down from 6.5% in 3Q 2023). Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Leisure industry in China. Over the last 3 years on average, earnings per share has increased by 56% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Oct 15Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to CN¥6.47, the stock trades at a forward P/E ratio of 30x. Average forward P/E is 15x in the Leisure industry in China. Total loss to shareholders of 25% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥3.32 per share.
Valuation Update With 7 Day Price Move • Sep 30Investor sentiment improves as stock rises 31%After last week's 31% share price gain to CN¥6.55, the stock trades at a forward P/E ratio of 30x. Average forward P/E is 15x in the Leisure industry in China. Total loss to shareholders of 23% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥3.32 per share.
お知らせ • Sep 30Toread Holdings Group Co., Ltd. to Report Q3, 2024 Results on Oct 30, 2024Toread Holdings Group Co., Ltd. announced that they will report Q3, 2024 results on Oct 30, 2024
New Risk • Aug 28New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 21% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (8.5% average weekly change). Large one-off items impacting financial results.
Reported Earnings • Aug 28Second quarter 2024 earnings released: EPS: CN¥0.017 (vs CN¥0.004 in 2Q 2023)Second quarter 2024 results: EPS: CN¥0.017 (up from CN¥0.004 in 2Q 2023). Revenue: CN¥326.0m (up 4.1% from 2Q 2023). Net income: CN¥14.3m (up 348% from 2Q 2023). Profit margin: 4.4% (up from 1.0% in 2Q 2023). Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Leisure industry in China. Over the last 3 years on average, earnings per share has increased by 76% per year but the company’s share price has fallen by 21% per year, which means it is significantly lagging earnings.
New Risk • Aug 22New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 7.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company.
Valuation Update With 7 Day Price Move • Aug 16Investor sentiment improves as stock rises 15%After last week's 15% share price gain to CN¥5.22, the stock trades at a forward P/E ratio of 25x. Average forward P/E is 13x in the Leisure industry in China. Total loss to shareholders of 50% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥9.98 per share.
お知らせ • Jun 29Toread Holdings Group Co., Ltd. to Report First Half, 2024 Results on Aug 28, 2024Toread Holdings Group Co., Ltd. announced that they will report first half, 2024 results on Aug 28, 2024
お知らせ • Jun 27Toread Holdings Group Co., Ltd. Announces Dividend Implementation for 2023, Payable on 03 July 2024Toread Holdings Group Co., Ltd. announced 2023 final profit distribution plan to be implemented (A shares): Cash dividend/10 shares (tax included): CNY0.24000000. Record date: 02 July 2024; Ex-date: 03 July 2024; Payment date: 03 July 2024.
お知らせ • Apr 28Toread Holdings Group Co., Ltd., Annual General Meeting, May 20, 2024Toread Holdings Group Co., Ltd., Annual General Meeting, May 20, 2024, at 15:00 China Standard Time. Location: 1F, South Tower, No. 28, Hongfu Technology Park, Beiqijia Town, Changping District, Beijing China Agenda: To consider the 2023 work report of the board of directors; to consider the 2023 work report of the supervisory committee; to consider the 2023 annual report and its summary; to consider the 2023 annual accounts report; to consider the 2023 profit distribution plan; to consider the reappointment of 2024 audit firm; to consider the amendments to the Company's articles of association; and to consider the authorization to the board to handle matters regarding the share offering to specific parties via a simplified procedure.
お知らせ • Apr 27Toread Holdings Group Co., Ltd. Proposes Final Dividend for 2023Toread Holdings Group Co., Ltd. announced on 26 April 2024 the profit distribution proposal for 2023 as follows: Cash dividend/10 shares (tax included): CNY 0.24000000.
Reported Earnings • Apr 26Full year 2023 earnings released: EPS: CN¥0.082 (vs CN¥0.079 in FY 2022)Full year 2023 results: EPS: CN¥0.082 (up from CN¥0.079 in FY 2022). Revenue: CN¥1.39b (up 22% from FY 2022). Net income: CN¥71.8m (up 2.7% from FY 2022). Profit margin: 5.2% (down from 6.1% in FY 2022). Over the last 3 years on average, earnings per share has increased by 111% per year but the company’s share price has fallen by 16% per year, which means it is significantly lagging earnings.
Valuation Update With 7 Day Price Move • Apr 17Investor sentiment deteriorates as stock falls 20%After last week's 20% share price decline to CN¥4.20, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 14x in the Leisure industry in China. Total loss to shareholders of 45% over the past three years.
お知らせ • Mar 30Toread Holdings Group Co., Ltd. to Report Q1, 2024 Results on Apr 26, 2024Toread Holdings Group Co., Ltd. announced that they will report Q1, 2024 results on Apr 26, 2024
お知らせ • Feb 08Toread Holdings Group Co., Ltd. (SZSE:300005) announces an Equity Buyback for CNY 150 million worth of its shares.Toread Holdings Group Co., Ltd. (SZSE:300005) announces a share repurchase program. Under the program, the company will repurchase up to CNY 150 million worth of its shares. The shares will be repurchased at a price not more than CNY 8.61 per share. The repurchased shares will be used to safeguard the company's value and shareholders' rights, and will be sold within the specified period in accordance with relevant repurchase rules and regulatory guidelines. The authorization will be valid for a period of 3 months.
Valuation Update With 7 Day Price Move • Jan 31Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to CN¥4.60, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 13x in the Leisure industry in China. Total loss to shareholders of 33% over the past three years.
お知らせ • Dec 29Toread Holdings Group Co., Ltd. to Report Fiscal Year 2023 Results on Apr 26, 2024Toread Holdings Group Co., Ltd. announced that they will report fiscal year 2023 results on Apr 26, 2024
Reported Earnings • Nov 01Third quarter 2023 earnings released: EPS: CN¥0.028 (vs CN¥0.011 loss in 3Q 2022)Third quarter 2023 results: EPS: CN¥0.028 (up from CN¥0.011 loss in 3Q 2022). Revenue: CN¥375.0m (up 32% from 3Q 2022). Net income: CN¥24.5m (up CN¥34.1m from 3Q 2022). Profit margin: 6.5% (up from net loss in 3Q 2022). Revenue is forecast to grow 17% p.a. on average during the next 2 years, compared to a 18% growth forecast for the Leisure industry in China. Over the last 3 years on average, earnings per share has increased by 111% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Oct 23Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to CN¥6.29, the stock trades at a forward P/E ratio of 39x. Average forward P/E is 16x in the Leisure industry in China. Total returns to shareholders of 1.9% over the past three years.
New Risk • Oct 09New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 6.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (6.1% average weekly change). Large one-off items impacting financial results.
Reported Earnings • Aug 30Second quarter 2023 earnings released: EPS: CN¥0.004 (vs CN¥0.014 in 2Q 2022)Second quarter 2023 results: EPS: CN¥0.004 (down from CN¥0.014 in 2Q 2022). Revenue: CN¥313.0m (up 24% from 2Q 2022). Net income: CN¥3.20m (down 75% from 2Q 2022). Profit margin: 1.0% (down from 5.0% in 2Q 2022). Revenue is forecast to grow 27% p.a. on average during the next 2 years, compared to a 18% growth forecast for the Leisure industry in China. Over the last 3 years on average, earnings per share has increased by 102% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Apr 28First quarter 2023 earnings released: EPS: CN¥0.021 (vs CN¥0.009 in 1Q 2022)First quarter 2023 results: EPS: CN¥0.021 (up from CN¥0.009 in 1Q 2022). Revenue: CN¥242.5m (up 15% from 1Q 2022). Net income: CN¥18.4m (up 124% from 1Q 2022). Profit margin: 7.6% (up from 3.9% in 1Q 2022). Over the last 3 years on average, earnings per share has increased by 73% per year but the company’s share price has only increased by 37% per year, which means it is significantly lagging earnings growth.
Board Change • Nov 16High number of new and inexperienced directorsThere are 7 new directors who have joined the board in the last 3 years. The company's board is composed of: 7 new directors. 4 experienced directors. No highly experienced directors. Non-Independent Director Jiapeng Dong is the most experienced director on the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.
Reported Earnings • Oct 28Third quarter 2022 earnings released: CN¥0.011 loss per share (vs CN¥0.017 profit in 3Q 2021)Third quarter 2022 results: CN¥0.011 loss per share (down from CN¥0.017 profit in 3Q 2021). Revenue: CN¥283.7m (up 14% from 3Q 2021). Net loss: CN¥9.63m (down 163% from profit in 3Q 2021). Revenue is forecast to grow 38% p.a. on average during the next 2 years, compared to a 23% growth forecast for the Leisure industry in China. Over the last 3 years on average, earnings per share has increased by 27% per year whereas the company’s share price has increased by 25% per year.
Reported Earnings • Aug 29Second quarter 2022 earnings released: EPS: CN¥0.014 (vs CN¥0.004 in 2Q 2021)Second quarter 2022 results: EPS: CN¥0.014 (up from CN¥0.004 in 2Q 2021). Revenue: CN¥253.2m (up 13% from 2Q 2021). Net income: CN¥12.7m (up 297% from 2Q 2021). Profit margin: 5.0% (up from 1.4% in 2Q 2021). Over the next year, revenue is forecast to grow 41%, compared to a 28% growth forecast for the Leisure industry in China. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has increased by 29% per year, which means it is tracking significantly ahead of earnings growth.
Reported Earnings • Apr 27Full year 2021 earnings released: EPS: CN¥0.062 (vs CN¥0.31 loss in FY 2020)Full year 2021 results: EPS: CN¥0.062 (up from CN¥0.31 loss in FY 2020). Revenue: CN¥1.24b (up 36% from FY 2020). Net income: CN¥54.5m (up CN¥329.4m from FY 2020). Profit margin: 4.4% (up from net loss in FY 2020). Over the next year, revenue is forecast to grow 11%, compared to a 29% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has increased by 22% per year, which means it is tracking significantly ahead of earnings growth.
Board Change • Apr 27High number of new and inexperienced directorsThere are 8 new directors who have joined the board in the last 3 years. The company's board is composed of: 8 new directors. 4 experienced directors. No highly experienced directors. Non-Independent Director Jiapeng Dong is the most experienced director on the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.
Reported Earnings • Oct 26Third quarter 2021 earnings released: EPS CN¥0.017 (vs CN¥0.042 loss in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: CN¥249.1m (up 49% from 3Q 2020). Net income: CN¥15.4m (up CN¥52.1m from 3Q 2020). Profit margin: 6.2% (up from net loss in 3Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 38% per year, which means it is well ahead of earnings.
Reported Earnings • Aug 26Second quarter 2021 earnings released: EPS CN¥0.004 (vs CN¥0.16 loss in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CN¥224.3m (up 46% from 2Q 2020). Net income: CN¥3.21m (up CN¥142.0m from 2Q 2020). Profit margin: 1.4% (up from net loss in 2Q 2020). The move to profitability was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has increased by 49% per year, which means it is well ahead of earnings.
Reported Earnings • Apr 17Full year 2020 earnings released: CN¥0.31 loss per share (vs CN¥0.13 profit in FY 2019)The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2020 results: Revenue: CN¥912.2m (down 40% from FY 2019). Net loss: CN¥274.9m (down 343% from profit in FY 2019). Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 19% per year, which means it is well ahead of earnings.
Reported Earnings • Oct 29Third quarter earnings releasedOver the last 12 months the company has reported total losses of CN¥168.3m, with losses widening by 60% from the prior year. Total revenue was CN¥989.2m over the last 12 months, down 43% from the prior year.
Is New 90 Day High Low • Sep 21New 90-day high: CN¥7.00The company is up 75% from its price of CN¥4.01 on 23 June 2020. The Chinese market is up 14% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Leisure industry, which is up 18% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥0.072 per share.
