Guangdong Guanhao High-Tech（600433）株式概要広東観浩科技有限公司は、中国国内および国際的に紙製品を生産・販売している。 詳細600433 ファンダメンタル分析スノーフレーク・スコア評価2/6将来の成長0/6過去の実績0/6財務の健全性2/6配当金0/6リスク分析過去5年間で収益は年間50.9%減少しました。 負債は営業キャッシュフローで十分にカバーされていない すべてのリスクチェックを見る600433 Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.NEW481,888 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 NarrativeBLINRODA481,888 investors already sharing narrativesYour Fair ValueCN¥Current PriceCN¥3.3943.6% 割高 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture-124m8b2016201920222025202620282031Revenue CN¥6.5bEarnings CN¥373.3mAdvancedSet Fair ValueView all narrativesGuangdong Guanhao High-Tech Co., Ltd. 競合他社Shandong Bohui Paper IndustryLtdSymbol: SHSE:600966Market cap: CN¥6.6bFujian Qingshan Paper IndustrySymbol: SHSE:600103Market cap: CN¥6.7bYueyang Forest & PaperSymbol: SHSE:600963Market cap: CN¥5.9bHangzhou Huawang New Material TechnologyLtdSymbol: SHSE:605377Market cap: CN¥5.1b価格と性能株価の高値、安値、推移の概要Guangdong Guanhao High-Tech過去の株価現在の株価CN¥3.4252週高値CN¥5.3652週安値CN¥3.02ベータ0.711ヶ月の変化5.88%3ヶ月変化-27.70%1年変化7.21%3年間の変化-5.00%5年間の変化-37.13%IPOからの変化38.96%最新ニュースReported Earnings • Aug 08Second quarter 2026 earnings released: EPS: CN¥0.018 (vs CN¥0.026 loss in 2Q 2025)Second quarter 2026 results: EPS: CN¥0.018 (up from CN¥0.026 loss in 2Q 2025). Revenue: CN¥1.92b (up 3.7% from 2Q 2025). Net income: CN¥32.7m (up CN¥91.2m from 2Q 2025). Profit margin: 1.7% (up from net loss in 2Q 2025). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 67 percentage points per year, which is a significant difference in performance.お知らせ • Jun 30Guangdong Guanhao High-Tech Co., Ltd. to Report First Half, 2026 Results on Aug 08, 2026Guangdong Guanhao High-Tech Co., Ltd. announced that they will report first half, 2026 results on Aug 08, 2026New Risk • Apr 29New 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. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (6.0% operating cash flow to total debt). Earnings have declined by 49% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (7.9% average weekly change).Reported Earnings • Apr 24First quarter 2026 earnings released: EPS: CN¥0.10 (vs CN¥0 in 1Q 2025)First quarter 2026 results: EPS: CN¥0.10 (up from CN¥0 in 1Q 2025). Revenue: CN¥1.72b (up 11% from 1Q 2025). Net income: CN¥180.1m (up CN¥179.4m from 1Q 2025). Profit margin: 10% (up from 0% in 1Q 2025). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 84 percentage points per year, which is a significant difference in performance.お知らせ • Mar 30Guangdong Guanhao High-Tech Co., Ltd. to Report Q1, 2026 Results on Apr 24, 2026Guangdong Guanhao High-Tech Co., Ltd. announced that they will report Q1, 2026 results on Apr 24, 2026Reported Earnings • Mar 13Full year 2025 earnings: EPS and revenues miss analyst expectationsFull year 2025 results: CN¥0.17 loss per share (down from CN¥0.10 profit in FY 2024). Revenue: CN¥7.15b (down 5.8% from FY 2024). Net loss: CN¥303.7m (down 265% from profit in FY 2024). Revenue missed analyst estimates by 21%. Earnings per share (EPS) were also behind analyst expectations. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 75 percentage points per year, which is a significant difference in performance.最新情報をもっと見るRecent updatesReported Earnings • Aug 08Second quarter 2026 earnings released: EPS: CN¥0.018 (vs CN¥0.026 loss in 2Q 2025)Second quarter 2026 results: EPS: CN¥0.018 (up from CN¥0.026 loss in 2Q 2025). Revenue: CN¥1.92b (up 3.7% from 2Q 2025). Net income: CN¥32.7m (up CN¥91.2m from 2Q 2025). Profit margin: 1.7% (up from net loss in 2Q 2025). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 67 percentage points per year, which is a significant difference in performance.お知らせ • Jun 30Guangdong Guanhao High-Tech Co., Ltd. to Report First Half, 2026 Results on Aug 08, 2026Guangdong Guanhao High-Tech Co., Ltd. announced that they will report first half, 2026 results on Aug 08, 2026New Risk • Apr 29New 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. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (6.0% operating cash flow to total debt). Earnings have declined by 49% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (7.9% average weekly change).Reported Earnings • Apr 24First quarter 2026 earnings released: EPS: CN¥0.10 (vs CN¥0 in 1Q 2025)First quarter 2026 results: EPS: CN¥0.10 (up from CN¥0 in 1Q 2025). Revenue: CN¥1.72b (up 11% from 1Q 2025). Net income: CN¥180.1m (up CN¥179.4m from 1Q 2025). Profit margin: 10% (up from 0% in 1Q 2025). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 84 percentage points per year, which is a significant difference in performance.お知らせ • Mar 30Guangdong Guanhao High-Tech Co., Ltd. to Report Q1, 2026 Results on Apr 24, 2026Guangdong Guanhao High-Tech Co., Ltd. announced that they will report Q1, 2026 results on Apr 24, 2026Reported Earnings • Mar 13Full year 2025 earnings: EPS and revenues miss analyst expectationsFull year 2025 results: CN¥0.17 loss per share (down from CN¥0.10 profit in FY 2024). Revenue: CN¥7.15b (down 5.8% from FY 2024). Net loss: CN¥303.7m (down 265% from profit in FY 2024). Revenue missed analyst estimates by 21%. Earnings per share (EPS) were also behind analyst expectations. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 75 percentage points per year, which is a significant difference in performance.お知らせ • Mar 11Guangdong Guanhao High-Tech Co., Ltd., Annual General Meeting, Mar 31, 2026Guangdong Guanhao High-Tech Co., Ltd., Annual General Meeting, Mar 31, 2026, at 14:30 China Standard Time. Location: No. 313, Donghai Avenue, Donghai Island, Zhanjiang, Guangdong Chinaお知らせ • Dec 26Guangdong Guanhao High-Tech Co., Ltd. to Report Fiscal Year 2025 Results on Mar 11, 2026Guangdong Guanhao High-Tech Co., Ltd. announced that they will report fiscal year 2025 results on Mar 11, 2026Reported Earnings • Nov 01Third quarter 2025 earnings released: CN¥0.02 loss per share (vs CN¥0.008 loss in 3Q 2024)Third quarter 2025 results: CN¥0.02 loss per share (further deteriorated from CN¥0.008 loss in 3Q 2024). Revenue: CN¥1.83b (down 2.8% from 3Q 2024). Net loss: CN¥36.4m (loss widened 147% from 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 46% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings.お知らせ • Sep 30Guangdong Guanhao High-Tech Co., Ltd. to Report Q3, 2025 Results on Oct 31, 2025Guangdong Guanhao High-Tech Co., Ltd. announced that they will report Q3, 2025 results on Oct 31, 2025Reported Earnings • Aug 24Second quarter 2025 earnings released: CN¥0.026 loss per share (vs CN¥0.027 profit in 2Q 2024)Second quarter 2025 results: CN¥0.026 loss per share (down from CN¥0.027 profit in 2Q 2024). Revenue: CN¥1.85b (up 4.7% from 2Q 2024). Net loss: CN¥58.6m (down 239% from profit in 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 31% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings.お知らせ • Jun 30Guangdong Guanhao High-Tech Co., Ltd. to Report First Half, 2025 Results on Aug 23, 2025Guangdong Guanhao High-Tech Co., Ltd. announced that they will report first half, 2025 results on Aug 23, 2025Reported Earnings • Apr 15First quarter 2025 earnings released: EPS: CN¥0 (vs CN¥0.023 in 1Q 2024)First quarter 2025 results: EPS: CN¥0 (down from CN¥0.023 in 1Q 2024). Revenue: CN¥1.56b (down 7.9% from 1Q 2024). Net income: CN¥647.2k (down 99% from 1Q 2024). Profit margin: 0% (down from 2.5% in 1Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings.お知らせ • Mar 28Guangdong Guanhao High-Tech Co., Ltd. to Report Q1, 2025 Results on Apr 15, 2025Guangdong Guanhao High-Tech Co., Ltd. announced that they will report Q1, 2025 results on Apr 15, 2025New Risk • Mar 15New minor risk - Dividend sustainabilityThe dividend is not well covered by cash flows. The company is paying a dividend despite having no free cash flows. Dividend yield: 1.8% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 20% per year over the past 5 years. Minor Risk Paying a dividend despite having no free cash flows.Reported Earnings • Mar 11Full year 2024 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2024 results: EPS: CN¥0.10 (up from CN¥0.03 loss in FY 2023). Revenue: CN¥7.59b (up 2.5% from FY 2023). Net income: CN¥183.7m (up CN¥230.0m from FY 2023). Profit margin: 2.4% (up from net loss in FY 2023). Revenue missed analyst estimates by 6.2%. Earnings per share (EPS) exceeded analyst estimates by 100%. Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.お知らせ • Mar 11Guangdong Guanhao High-Tech Co., Ltd., Annual General Meeting, Apr 02, 2025Guangdong Guanhao High-Tech Co., Ltd., Annual General Meeting, Apr 02, 2025, at 14:30 China Standard Time. Location: 26F, No. 18, Haizhou Road, Haizhu District, Guangzhou, Guangdong Chinaお知らせ • Dec 27Guangdong Guanhao High-Tech Co., Ltd. to Report Fiscal Year 2024 Results on Mar 11, 2025Guangdong Guanhao High-Tech Co., Ltd. announced that they will report fiscal year 2024 results on Mar 11, 2025分析記事 • Dec 24We Think Guangdong Guanhao High-Tech (SHSE:600433) Is Taking Some Risk With Its DebtHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...Reported Earnings • Oct 26Third quarter 2024 earnings released: CN¥0.008 loss per share (vs CN¥0.01 loss in 3Q 2023)Third quarter 2024 results: CN¥0.008 loss per share (improved from CN¥0.01 loss in 3Q 2023). Revenue: CN¥1.88b (down 2.7% from 3Q 2023). Net loss: CN¥14.8m (loss narrowed 23% from 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 41% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings.お知らせ • Sep 30Guangdong Guanhao High-Tech Co., Ltd. to Report Q3, 2024 Results on Oct 26, 2024Guangdong Guanhao High-Tech Co., Ltd. announced that they will report Q3, 2024 results on Oct 26, 2024Valuation Update With 7 Day Price Move • Sep 30Investor sentiment improves as stock rises 20%After last week's 20% share price gain to CN¥3.19, the stock trades at a trailing P/E ratio of 59.9x. Average trailing P/E is 21x in the Forestry industry in China. Total loss to shareholders of 32% over the past three years.分析記事 • Sep 25Guangdong Guanhao High-Tech Co., Ltd.'s (SHSE:600433) Price Is Out Of Tune With EarningsWith a price-to-earnings (or "P/E") ratio of 52.4x Guangdong Guanhao High-Tech Co., Ltd. ( SHSE:600433 ) may be sending...分析記事 • Aug 22Earnings Troubles May Signal Larger Issues for Guangdong Guanhao High-Tech (SHSE:600433) ShareholdersThe subdued market reaction suggests that Guangdong Guanhao High-Tech Co., Ltd.'s ( SHSE:600433 ) recent earnings...Reported Earnings • Aug 21Second quarter 2024 earnings released: EPS: CN¥0.027 (vs CN¥0.039 loss in 2Q 2023)Second quarter 2024 results: EPS: CN¥0.027 (up from CN¥0.039 loss in 2Q 2023). Revenue: CN¥1.76b (down 3.2% from 2Q 2023). Net income: CN¥42.2m (up CN¥100.5m from 2Q 2023). Profit margin: 2.4% (up from net loss in 2Q 2023). Over the last 3 years on average, earnings per share has fallen by 50% per year but the company’s share price has only fallen by 21% per year, which means it has not declined as severely as earnings.お知らせ • Jun 28Guangdong Guanhao High-Tech Co., Ltd. to Report First Half, 2024 Results on Aug 21, 2024Guangdong Guanhao High-Tech Co., Ltd. announced that they will report first half, 2024 results on Aug 21, 2024New Risk • Apr 24New major risk - Revenue and earnings growthEarnings have declined by 7.5% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. This is currently the only risk that has been identified for the company.Reported Earnings • Apr 24First quarter 2024 earnings released: EPS: CN¥0.023 (vs CN¥0.004 in 1Q 2023)First quarter 2024 results: EPS: CN¥0.023 (up from CN¥0.004 in 1Q 2023). Revenue: CN¥1.69b (up 4.0% from 1Q 2023). Net income: CN¥42.5m (up 436% from 1Q 2023). Profit margin: 2.5% (up from 0.5% in 1Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 51% per year but the company’s share price has only fallen by 15% per year, which means it has not declined as severely as earnings.お知らせ • Mar 29Guangdong Guanhao High-Tech Co., Ltd. to Report Q1, 2024 Results on Apr 23, 2024Guangdong Guanhao High-Tech Co., Ltd. announced that they will report Q1, 2024 results on Apr 23, 2024Reported Earnings • Mar 22Full year 2023 earnings: EPS and revenues miss analyst expectationsFull year 2023 results: CN¥0.03 loss per share (down from CN¥0.21 profit in FY 2022). Revenue: CN¥7.40b (down 8.4% from FY 2022). Net loss: CN¥46.2m (down 112% from profit in FY 2022). Revenue missed analyst estimates by 3.7%. Earnings per share (EPS) were also behind analyst expectations. Over the last 3 years on average, earnings per share has fallen by 39% per year but the company’s share price has only fallen by 18% per year, which means it has not declined as severely as earnings.お知らせ • Mar 21Guangdong Guanhao High-Tech Co., Ltd., Annual General Meeting, Apr 10, 2024Guangdong Guanhao High-Tech Co., Ltd., Annual General Meeting, Apr 10, 2024, at 14:30 China Standard Time. Location: 26F, No. 18, Haizhou Road, Haizhu District, Guangzhou, Guangdong ChinaValuation Update With 7 Day Price Move • Feb 02Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to CN¥2.68, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 10x in the Forestry industry in China. Total loss to shareholders of 41% over the past three years.お知らせ • Dec 30Guangdong Guanhao High-Tech Co., Ltd. to Report Fiscal Year 2023 Results on Mar 12, 2024Guangdong Guanhao High-Tech Co., Ltd. announced that they will report fiscal year 2023 results on Mar 12, 2024Reported Earnings • Oct 26Third quarter 2023 earnings released: CN¥0.01 loss per share (vs CN¥0.065 profit in 3Q 2022)Third quarter 2023 results: CN¥0.01 loss per share (down from CN¥0.065 profit in 3Q 2022). Revenue: CN¥1.94b (down 9.4% from 3Q 2022). Net loss: CN¥19.1m (down 116% from profit in 3Q 2022). Revenue is forecast to grow 4.1% p.a. on average during the next 2 years, compared to a 12% growth forecast for the Forestry industry in China. Over the last 3 years on average, earnings per share has fallen by 22% per year but the company’s share price has remained flat, which means it is well ahead of earnings.お知らせ • Sep 30Guangdong Guanhao High-Tech Co., Ltd. to Report Q3, 2023 Results on Oct 26, 2023Guangdong Guanhao High-Tech Co., Ltd. announced that they will report Q3, 2023 results on Oct 26, 2023お知らせ • Sep 07Guangdong Guanhao High-Tech Co., Ltd. (SHSE:600433) commences an Equity Buyback for CNY 400 million worth of its shares, under the authorization approved on August 15, 2023.Guangdong Guanhao High-Tech Co., Ltd. (SHSE:600433) commences share repurchases on September 4, 2023, under the program mandated by the shareholders in the Extraordinary General Meeting held on August 15, 2023. As per the mandate, the company is authorized to repurchase its own shares for a total of CNY 400 million. The shares will be purchased at a price not exceeding CNY 5 per share. The repurchased shares will be used for cancellation and reduction of registered capital. The program will be funded from company's own funds. The program will be valid for 12 months from the date of the shareholder's meeting.Major Estimate Revision • Aug 22Consensus EPS estimates fall by 28%The consensus outlook for fiscal year 2023 has been updated. 2023 EPS estimate fell from CN¥0.25 to CN¥0.18 per share. Revenue forecast steady at CN¥7.69b. Net income forecast to grow 121% next year vs 85% growth forecast for Forestry industry in China. Consensus price target down from CN¥5.20 to CN¥4.70. Share price fell 3.0% to CN¥3.50 over the past week.Reported Earnings • Aug 16Second quarter 2023 earnings released: CN¥0.039 loss per share (vs CN¥0.058 profit in 2Q 2022)Second quarter 2023 results: CN¥0.039 loss per share (down from CN¥0.058 profit in 2Q 2022). Revenue: CN¥1.82b (down 13% from 2Q 2022). Net loss: CN¥58.3m (down 152% from profit in 2Q 2022). Revenue is forecast to grow 5.4% p.a. on average during the next 2 years, compared to a 12% growth forecast for the Forestry industry in China. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has remained flat, which means it is well ahead of earnings.お知らせ • Jun 28Guangdong Guanhao High-Tech Co., Ltd. to Report First Half, 2023 Results on Aug 26, 2023Guangdong Guanhao High-Tech Co., Ltd. announced that they will report first half, 2023 results on Aug 26, 2023Reported Earnings • Mar 11Full year 2022 earnings released: EPS: CN¥0.21 (vs CN¥0.08 in FY 2021)Full year 2022 results: EPS: CN¥0.21 (up from CN¥0.08 in FY 2021). Revenue: CN¥8.09b (up 9.3% from FY 2021). Net income: CN¥387.1m (up 179% from FY 2021). Profit margin: 4.8% (up from 1.9% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings.Reported Earnings • Oct 30Third quarter 2022 earnings released: EPS: CN¥0.06 (vs CN¥0.039 in 3Q 2021)Third quarter 2022 results: EPS: CN¥0.06. Revenue: CN¥2.07b (down 51% from 3Q 2021). Net income: CN¥102.2m (down 14% from 3Q 2021). Profit margin: 4.9% (up from 2.8% in 3Q 2021). The increase in margin was driven by lower expenses.Reported Earnings • Aug 31Second quarter 2022 earnings released: EPS: CN¥0.058 (vs CN¥0.038 in 2Q 2021)Second quarter 2022 results: EPS: CN¥0.058 (up from CN¥0.038 in 2Q 2021). Revenue: CN¥2.09b (up 245% from 2Q 2021). Net income: CN¥111.3m (up 138% from 2Q 2021). Profit margin: 5.3% (down from 7.7% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 1% per year whereas the company’s share price has increased by 2% per year.Valuation Update With 7 Day Price Move • May 31Investor sentiment improved over the past weekAfter last week's 18% share price gain to CN¥3.81, the stock trades at a trailing P/E ratio of 64.3x. Average trailing P/E is 23x in the Forestry industry in China. Total returns to shareholders of 6.6% over the past three years.Reported Earnings • Apr 27First quarter 2022 earnings: EPS exceeds analyst expectationsFirst quarter 2022 results: EPS: CN¥0.021. Revenue: CN¥1.72b (up 168% from 1Q 2021). Net income: CN¥38.2m (up 37% from 1Q 2021). Profit margin: 2.2% (down from 4.4% in 1Q 2021). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 17%.お知らせ • Apr 07Guangdong Guanhao High-Tech Co., Ltd. announced that it has received fundingOn April 6, 2022, Guangdong Guanhao High-Tech Co., Ltd. closed the transaction.Reported Earnings • Mar 11Full year 2021 earnings: EPS exceeds analyst expectationsFull year 2021 results: EPS: CN¥0.08 (down from CN¥0.14 in FY 2020). Revenue: CN¥7.40b (up 203% from FY 2020). Net income: CN¥138.7m (down 22% from FY 2020). Profit margin: 1.9% (down from 7.3% in FY 2020). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 17%. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.Reported Earnings • Oct 31Third quarter 2021 earnings released: EPS CN¥0.039 (vs CN¥0.03 in 3Q 2020)The company reported a solid third quarter result with improved earnings and revenues, although profit margins were weaker. Third quarter 2021 results: Revenue: CN¥4.20b (up CN¥3.57b from 3Q 2020). Net income: CN¥118.2m (up 192% from 3Q 2020). Profit margin: 2.8% (down from 6.4% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Sep 30Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to CN¥5.11, the stock trades at a trailing P/E ratio of 33.3x. Average trailing P/E is 22x in the Forestry industry in China. Total returns to shareholders of 38% over the past three years.Reported Earnings • Aug 26Second quarter 2021 earnings released: EPS CN¥0.038 (vs CN¥0.031 in 2Q 2020)The company reported a decent second quarter result with improved earnings and profit margins, although revenues were weaker. Second quarter 2021 results: Revenue: CN¥606.4m (down 3.4% from 2Q 2020). Net income: CN¥46.7m (up 20% from 2Q 2020). Profit margin: 7.7% (up from 6.2% in 2Q 2020). 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 11% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Jun 22Investor sentiment improved over the past weekAfter last week's 17% share price gain to CN¥5.56, the stock trades at a forward P/E ratio of 38x. Average forward P/E is 19x in the Forestry industry in China. Total returns to shareholders of 41% over the past three years.Reported Earnings • Apr 29First quarter 2021 earnings released: EPS CN¥0.022 (vs CN¥0.019 in 1Q 2020)The company reported a solid first quarter result with improved earnings and revenues, although profit margins were weaker. First quarter 2021 results: Revenue: CN¥641.2m (up 38% from 1Q 2020). Net income: CN¥27.9m (up 18% from 1Q 2020). Profit margin: 4.4% (down from 5.1% in 1Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.Reported Earnings • Mar 17Full year 2020 earnings released: EPS CN¥0.14 (vs CN¥0.13 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 6.0% from FY 2019). Net income: CN¥178.5m (up 4.8% from FY 2019). Profit margin: 7.3% (up from 6.6% 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 39% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.Is New 90 Day High Low • Mar 01New 90-day high: CN¥5.88The company is up 42% from its price of CN¥4.15 on 01 December 2020. The Chinese market is up 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Forestry industry, which is up 13% over the same period.お知らせ • Feb 20Guangdong Guanhao High-Tech Co., Ltd. announced a financing transactionGuangdong Guanhao High-Tech Co., Ltd. (SHSE:600433) announced a private placement on February 19, 2021.Valuation Update With 7 Day Price Move • Feb 01Investor sentiment improved over the past weekAfter last week's 15% share price gain to CN¥5.73, the stock is trading at a trailing P/E ratio of 40.7x, up from the previous P/E ratio of 35.4x. This compares to an average P/E of 24x in the Forestry industry in China. Total returns to shareholders over the past three years are 48%.Is New 90 Day High Low • Jan 27New 90-day high: CN¥5.12The company is up 48% from its price of CN¥3.47 on 29 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 Forestry industry, which is up 18% over the same period.お知らせ • Jan 21Guangdong Guanhao High-Tech Co., Ltd. to Report Fiscal Year 2020 Results on Mar 17, 2021Guangdong Guanhao High-Tech Co., Ltd. announced that they will report fiscal year 2020 results on Mar 17, 2021Valuation Update With 7 Day Price Move • Jan 06Investor sentiment improved over the past weekAfter last week's 21% share price gain to CN¥5.09, the stock is trading at a trailing P/E ratio of 36.2x, up from the previous P/E ratio of 29.8x. This compares to an average P/E of 24x in the Forestry industry in China. Total returns to shareholders over the past three years are 9.2%.Is New 90 Day High Low • Jan 04New 90-day high: CN¥4.85The company is up 40% from its price of CN¥3.47 on 30 September 2020. The Chinese market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Forestry industry, which is up 12% over the same period.Valuation Update With 7 Day Price Move • Dec 02Market bids up stock over the past weekAfter last week's 25% share price gain to CN¥4.57, the stock is trading at a trailing P/E ratio of 32.5x, up from the previous P/E ratio of 25.9x. This compares to an average P/E of 24x in the Forestry industry in China. Total returns to shareholders over the past three years were flat.Is New 90 Day High Low • Dec 01New 90-day high: CN¥4.18The company is up 15% from its price of CN¥3.64 on 02 September 2020. The Chinese market is down 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Forestry industry, which is flat over the same period.Valuation Update With 7 Day Price Move • Dec 01Market bids up stock over the past weekAfter last week's 15% share price gain to CN¥4.18, the stock is trading at a trailing P/E ratio of 29.7x, up from the previous P/E ratio of 25.8x. This compares to an average P/E of 25x in the Forestry industry in China. Total return to shareholders over the past three years is a loss of 6.0%.Reported Earnings • Oct 25Third quarter earnings releasedOver the last 12 months the company has reported total profits of CN¥180.7m, up 57% from the prior year. Total revenue was CN¥2.44b over the last 12 months, down 5.6% from the prior year.お知らせ • Oct 19Guangdong Guanhao High-Tech Co., Ltd. to Report Q3, 2020 Results on Oct 24, 2020Guangdong Guanhao High-Tech Co., Ltd. announced that they will report Q3, 2020 results on Oct 24, 2020お知らせ • Sep 23Guangdong Guanhao High-Tech Co., Ltd. announced that it expects to receive CNY 500 million in fundingGuangdong Guanhao High-Tech Co., Ltd. (SHSE:600433) announced a private placement of shares of class A on September 21, 2020. The transaction has been approved by the State owned Assets Supervision and Administration Commission of the State Council. The transaction still needs to be approved by the competent regulatory agency.お知らせ • Jul 09Guangdong Guanhao High-Tech Co., Ltd. to Report First Half, 2020 Results on Aug 25, 2020Guangdong Guanhao High-Tech Co., Ltd. announced that they will report first half, 2020 results on Aug 25, 2020株主還元600433CN ForestryCN 市場7D0.9%2.3%5.1%1Y7.2%-1.9%12.8%株主還元を見る業界別リターン: 600433過去 1 年間で-1.9 % の収益を上げたCN Forestry業界を上回りました。リターン対市場: 600433は、過去 1 年間で12.8 % のリターンを上げたCN市場を下回りました。価格変動Is 600433's price volatile compared to industry and market?600433 volatility600433 Average Weekly Movement6.1%Forestry Industry Average Movement6.2%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: 600433 、 CN市場と比較して、過去 3 か月間で大きな価格変動はありませんでした。時間の経過による変動: 600433の 週次ボラティリティ ( 6% ) は過去 1 年間安定しています。会社概要設立従業員CEO（最高経営責任者ウェブサイト19933,621Fei Liwww.guanhao.com広東観浩科技有限公司は中国国内及び国際的に紙製品を生産・販売している。同社はカーボンレスコピー用紙、白色カード用紙、感熱紙、不乾紙、粘着ラベル、熱昇華転写紙、物流、医薬、スーパー、ラベル、日用化学品、食品、ワイン、その他の可変情報ラベルに使用される高級コート白ボール紙などをGuanhaoとHaozhengのブランド名で提供している。前身は湛江觀浩紙業有限公司で、1999年7月に広東觀浩科技有限公司に社名を変更した。広東冠浩科技有限公司は1993年に設立され、中国湛江市に本社を置いている。もっと見るGuangdong Guanhao High-Tech Co., Ltd. 基礎のまとめGuangdong Guanhao High-Tech の収益と売上を時価総額と比較するとどうか。600433 基礎統計学時価総額CN¥5.99b収益（TTM）-CN¥33.01m売上高(TTM)CN¥7.39b0.8xP/Sレシオ-181.4xPER（株価収益率600433 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600433 損益計算書（TTM）収益CN¥7.39b売上原価CN¥7.02b売上総利益CN¥372.79mその他の費用CN¥405.80m収益-CN¥33.01m直近の収益報告Jun 30, 2026次回決算日該当なし一株当たり利益（EPS）-0.019グロス・マージン5.05%純利益率-0.45%有利子負債／自己資本比率62.5%600433 の長期的なパフォーマンスは？過去の実績と比較を見るView Valuation企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/08/10 20:16終値2026/08/10 00:00収益2026/06/30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Guangdong Guanhao High-Tech Co., Ltd. 0 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。2 アナリスト機関null nullChina International Capital Corporation LimitedQing GongChina International Capital Corporation Limited
Reported Earnings • Aug 08Second quarter 2026 earnings released: EPS: CN¥0.018 (vs CN¥0.026 loss in 2Q 2025)Second quarter 2026 results: EPS: CN¥0.018 (up from CN¥0.026 loss in 2Q 2025). Revenue: CN¥1.92b (up 3.7% from 2Q 2025). Net income: CN¥32.7m (up CN¥91.2m from 2Q 2025). Profit margin: 1.7% (up from net loss in 2Q 2025). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 67 percentage points per year, which is a significant difference in performance.
お知らせ • Jun 30Guangdong Guanhao High-Tech Co., Ltd. to Report First Half, 2026 Results on Aug 08, 2026Guangdong Guanhao High-Tech Co., Ltd. announced that they will report first half, 2026 results on Aug 08, 2026
New Risk • Apr 29New 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. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (6.0% operating cash flow to total debt). Earnings have declined by 49% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (7.9% average weekly change).
Reported Earnings • Apr 24First quarter 2026 earnings released: EPS: CN¥0.10 (vs CN¥0 in 1Q 2025)First quarter 2026 results: EPS: CN¥0.10 (up from CN¥0 in 1Q 2025). Revenue: CN¥1.72b (up 11% from 1Q 2025). Net income: CN¥180.1m (up CN¥179.4m from 1Q 2025). Profit margin: 10% (up from 0% in 1Q 2025). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 84 percentage points per year, which is a significant difference in performance.
お知らせ • Mar 30Guangdong Guanhao High-Tech Co., Ltd. to Report Q1, 2026 Results on Apr 24, 2026Guangdong Guanhao High-Tech Co., Ltd. announced that they will report Q1, 2026 results on Apr 24, 2026
Reported Earnings • Mar 13Full year 2025 earnings: EPS and revenues miss analyst expectationsFull year 2025 results: CN¥0.17 loss per share (down from CN¥0.10 profit in FY 2024). Revenue: CN¥7.15b (down 5.8% from FY 2024). Net loss: CN¥303.7m (down 265% from profit in FY 2024). Revenue missed analyst estimates by 21%. Earnings per share (EPS) were also behind analyst expectations. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 75 percentage points per year, which is a significant difference in performance.
Reported Earnings • Aug 08Second quarter 2026 earnings released: EPS: CN¥0.018 (vs CN¥0.026 loss in 2Q 2025)Second quarter 2026 results: EPS: CN¥0.018 (up from CN¥0.026 loss in 2Q 2025). Revenue: CN¥1.92b (up 3.7% from 2Q 2025). Net income: CN¥32.7m (up CN¥91.2m from 2Q 2025). Profit margin: 1.7% (up from net loss in 2Q 2025). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 67 percentage points per year, which is a significant difference in performance.
お知らせ • Jun 30Guangdong Guanhao High-Tech Co., Ltd. to Report First Half, 2026 Results on Aug 08, 2026Guangdong Guanhao High-Tech Co., Ltd. announced that they will report first half, 2026 results on Aug 08, 2026
New Risk • Apr 29New 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. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (6.0% operating cash flow to total debt). Earnings have declined by 49% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (7.9% average weekly change).
Reported Earnings • Apr 24First quarter 2026 earnings released: EPS: CN¥0.10 (vs CN¥0 in 1Q 2025)First quarter 2026 results: EPS: CN¥0.10 (up from CN¥0 in 1Q 2025). Revenue: CN¥1.72b (up 11% from 1Q 2025). Net income: CN¥180.1m (up CN¥179.4m from 1Q 2025). Profit margin: 10% (up from 0% in 1Q 2025). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 84 percentage points per year, which is a significant difference in performance.
お知らせ • Mar 30Guangdong Guanhao High-Tech Co., Ltd. to Report Q1, 2026 Results on Apr 24, 2026Guangdong Guanhao High-Tech Co., Ltd. announced that they will report Q1, 2026 results on Apr 24, 2026
Reported Earnings • Mar 13Full year 2025 earnings: EPS and revenues miss analyst expectationsFull year 2025 results: CN¥0.17 loss per share (down from CN¥0.10 profit in FY 2024). Revenue: CN¥7.15b (down 5.8% from FY 2024). Net loss: CN¥303.7m (down 265% from profit in FY 2024). Revenue missed analyst estimates by 21%. Earnings per share (EPS) were also behind analyst expectations. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 75 percentage points per year, which is a significant difference in performance.
お知らせ • Mar 11Guangdong Guanhao High-Tech Co., Ltd., Annual General Meeting, Mar 31, 2026Guangdong Guanhao High-Tech Co., Ltd., Annual General Meeting, Mar 31, 2026, at 14:30 China Standard Time. Location: No. 313, Donghai Avenue, Donghai Island, Zhanjiang, Guangdong China
お知らせ • Dec 26Guangdong Guanhao High-Tech Co., Ltd. to Report Fiscal Year 2025 Results on Mar 11, 2026Guangdong Guanhao High-Tech Co., Ltd. announced that they will report fiscal year 2025 results on Mar 11, 2026
Reported Earnings • Nov 01Third quarter 2025 earnings released: CN¥0.02 loss per share (vs CN¥0.008 loss in 3Q 2024)Third quarter 2025 results: CN¥0.02 loss per share (further deteriorated from CN¥0.008 loss in 3Q 2024). Revenue: CN¥1.83b (down 2.8% from 3Q 2024). Net loss: CN¥36.4m (loss widened 147% from 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 46% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings.
お知らせ • Sep 30Guangdong Guanhao High-Tech Co., Ltd. to Report Q3, 2025 Results on Oct 31, 2025Guangdong Guanhao High-Tech Co., Ltd. announced that they will report Q3, 2025 results on Oct 31, 2025
Reported Earnings • Aug 24Second quarter 2025 earnings released: CN¥0.026 loss per share (vs CN¥0.027 profit in 2Q 2024)Second quarter 2025 results: CN¥0.026 loss per share (down from CN¥0.027 profit in 2Q 2024). Revenue: CN¥1.85b (up 4.7% from 2Q 2024). Net loss: CN¥58.6m (down 239% from profit in 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 31% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings.
お知らせ • Jun 30Guangdong Guanhao High-Tech Co., Ltd. to Report First Half, 2025 Results on Aug 23, 2025Guangdong Guanhao High-Tech Co., Ltd. announced that they will report first half, 2025 results on Aug 23, 2025
Reported Earnings • Apr 15First quarter 2025 earnings released: EPS: CN¥0 (vs CN¥0.023 in 1Q 2024)First quarter 2025 results: EPS: CN¥0 (down from CN¥0.023 in 1Q 2024). Revenue: CN¥1.56b (down 7.9% from 1Q 2024). Net income: CN¥647.2k (down 99% from 1Q 2024). Profit margin: 0% (down from 2.5% in 1Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings.
お知らせ • Mar 28Guangdong Guanhao High-Tech Co., Ltd. to Report Q1, 2025 Results on Apr 15, 2025Guangdong Guanhao High-Tech Co., Ltd. announced that they will report Q1, 2025 results on Apr 15, 2025
New Risk • Mar 15New minor risk - Dividend sustainabilityThe dividend is not well covered by cash flows. The company is paying a dividend despite having no free cash flows. Dividend yield: 1.8% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 20% per year over the past 5 years. Minor Risk Paying a dividend despite having no free cash flows.
Reported Earnings • Mar 11Full year 2024 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2024 results: EPS: CN¥0.10 (up from CN¥0.03 loss in FY 2023). Revenue: CN¥7.59b (up 2.5% from FY 2023). Net income: CN¥183.7m (up CN¥230.0m from FY 2023). Profit margin: 2.4% (up from net loss in FY 2023). Revenue missed analyst estimates by 6.2%. Earnings per share (EPS) exceeded analyst estimates by 100%. Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.
お知らせ • Mar 11Guangdong Guanhao High-Tech Co., Ltd., Annual General Meeting, Apr 02, 2025Guangdong Guanhao High-Tech Co., Ltd., Annual General Meeting, Apr 02, 2025, at 14:30 China Standard Time. Location: 26F, No. 18, Haizhou Road, Haizhu District, Guangzhou, Guangdong China
お知らせ • Dec 27Guangdong Guanhao High-Tech Co., Ltd. to Report Fiscal Year 2024 Results on Mar 11, 2025Guangdong Guanhao High-Tech Co., Ltd. announced that they will report fiscal year 2024 results on Mar 11, 2025
分析記事 • Dec 24We Think Guangdong Guanhao High-Tech (SHSE:600433) Is Taking Some Risk With Its DebtHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Reported Earnings • Oct 26Third quarter 2024 earnings released: CN¥0.008 loss per share (vs CN¥0.01 loss in 3Q 2023)Third quarter 2024 results: CN¥0.008 loss per share (improved from CN¥0.01 loss in 3Q 2023). Revenue: CN¥1.88b (down 2.7% from 3Q 2023). Net loss: CN¥14.8m (loss narrowed 23% from 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 41% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings.
お知らせ • Sep 30Guangdong Guanhao High-Tech Co., Ltd. to Report Q3, 2024 Results on Oct 26, 2024Guangdong Guanhao High-Tech Co., Ltd. announced that they will report Q3, 2024 results on Oct 26, 2024
Valuation Update With 7 Day Price Move • Sep 30Investor sentiment improves as stock rises 20%After last week's 20% share price gain to CN¥3.19, the stock trades at a trailing P/E ratio of 59.9x. Average trailing P/E is 21x in the Forestry industry in China. Total loss to shareholders of 32% over the past three years.
分析記事 • Sep 25Guangdong Guanhao High-Tech Co., Ltd.'s (SHSE:600433) Price Is Out Of Tune With EarningsWith a price-to-earnings (or "P/E") ratio of 52.4x Guangdong Guanhao High-Tech Co., Ltd. ( SHSE:600433 ) may be sending...
分析記事 • Aug 22Earnings Troubles May Signal Larger Issues for Guangdong Guanhao High-Tech (SHSE:600433) ShareholdersThe subdued market reaction suggests that Guangdong Guanhao High-Tech Co., Ltd.'s ( SHSE:600433 ) recent earnings...
Reported Earnings • Aug 21Second quarter 2024 earnings released: EPS: CN¥0.027 (vs CN¥0.039 loss in 2Q 2023)Second quarter 2024 results: EPS: CN¥0.027 (up from CN¥0.039 loss in 2Q 2023). Revenue: CN¥1.76b (down 3.2% from 2Q 2023). Net income: CN¥42.2m (up CN¥100.5m from 2Q 2023). Profit margin: 2.4% (up from net loss in 2Q 2023). Over the last 3 years on average, earnings per share has fallen by 50% per year but the company’s share price has only fallen by 21% per year, which means it has not declined as severely as earnings.
お知らせ • Jun 28Guangdong Guanhao High-Tech Co., Ltd. to Report First Half, 2024 Results on Aug 21, 2024Guangdong Guanhao High-Tech Co., Ltd. announced that they will report first half, 2024 results on Aug 21, 2024
New Risk • Apr 24New major risk - Revenue and earnings growthEarnings have declined by 7.5% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. This is currently the only risk that has been identified for the company.
Reported Earnings • Apr 24First quarter 2024 earnings released: EPS: CN¥0.023 (vs CN¥0.004 in 1Q 2023)First quarter 2024 results: EPS: CN¥0.023 (up from CN¥0.004 in 1Q 2023). Revenue: CN¥1.69b (up 4.0% from 1Q 2023). Net income: CN¥42.5m (up 436% from 1Q 2023). Profit margin: 2.5% (up from 0.5% in 1Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 51% per year but the company’s share price has only fallen by 15% per year, which means it has not declined as severely as earnings.
お知らせ • Mar 29Guangdong Guanhao High-Tech Co., Ltd. to Report Q1, 2024 Results on Apr 23, 2024Guangdong Guanhao High-Tech Co., Ltd. announced that they will report Q1, 2024 results on Apr 23, 2024
Reported Earnings • Mar 22Full year 2023 earnings: EPS and revenues miss analyst expectationsFull year 2023 results: CN¥0.03 loss per share (down from CN¥0.21 profit in FY 2022). Revenue: CN¥7.40b (down 8.4% from FY 2022). Net loss: CN¥46.2m (down 112% from profit in FY 2022). Revenue missed analyst estimates by 3.7%. Earnings per share (EPS) were also behind analyst expectations. Over the last 3 years on average, earnings per share has fallen by 39% per year but the company’s share price has only fallen by 18% per year, which means it has not declined as severely as earnings.
お知らせ • Mar 21Guangdong Guanhao High-Tech Co., Ltd., Annual General Meeting, Apr 10, 2024Guangdong Guanhao High-Tech Co., Ltd., Annual General Meeting, Apr 10, 2024, at 14:30 China Standard Time. Location: 26F, No. 18, Haizhou Road, Haizhu District, Guangzhou, Guangdong China
Valuation Update With 7 Day Price Move • Feb 02Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to CN¥2.68, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 10x in the Forestry industry in China. Total loss to shareholders of 41% over the past three years.
お知らせ • Dec 30Guangdong Guanhao High-Tech Co., Ltd. to Report Fiscal Year 2023 Results on Mar 12, 2024Guangdong Guanhao High-Tech Co., Ltd. announced that they will report fiscal year 2023 results on Mar 12, 2024
Reported Earnings • Oct 26Third quarter 2023 earnings released: CN¥0.01 loss per share (vs CN¥0.065 profit in 3Q 2022)Third quarter 2023 results: CN¥0.01 loss per share (down from CN¥0.065 profit in 3Q 2022). Revenue: CN¥1.94b (down 9.4% from 3Q 2022). Net loss: CN¥19.1m (down 116% from profit in 3Q 2022). Revenue is forecast to grow 4.1% p.a. on average during the next 2 years, compared to a 12% growth forecast for the Forestry industry in China. Over the last 3 years on average, earnings per share has fallen by 22% per year but the company’s share price has remained flat, which means it is well ahead of earnings.
お知らせ • Sep 30Guangdong Guanhao High-Tech Co., Ltd. to Report Q3, 2023 Results on Oct 26, 2023Guangdong Guanhao High-Tech Co., Ltd. announced that they will report Q3, 2023 results on Oct 26, 2023
お知らせ • Sep 07Guangdong Guanhao High-Tech Co., Ltd. (SHSE:600433) commences an Equity Buyback for CNY 400 million worth of its shares, under the authorization approved on August 15, 2023.Guangdong Guanhao High-Tech Co., Ltd. (SHSE:600433) commences share repurchases on September 4, 2023, under the program mandated by the shareholders in the Extraordinary General Meeting held on August 15, 2023. As per the mandate, the company is authorized to repurchase its own shares for a total of CNY 400 million. The shares will be purchased at a price not exceeding CNY 5 per share. The repurchased shares will be used for cancellation and reduction of registered capital. The program will be funded from company's own funds. The program will be valid for 12 months from the date of the shareholder's meeting.
Major Estimate Revision • Aug 22Consensus EPS estimates fall by 28%The consensus outlook for fiscal year 2023 has been updated. 2023 EPS estimate fell from CN¥0.25 to CN¥0.18 per share. Revenue forecast steady at CN¥7.69b. Net income forecast to grow 121% next year vs 85% growth forecast for Forestry industry in China. Consensus price target down from CN¥5.20 to CN¥4.70. Share price fell 3.0% to CN¥3.50 over the past week.
Reported Earnings • Aug 16Second quarter 2023 earnings released: CN¥0.039 loss per share (vs CN¥0.058 profit in 2Q 2022)Second quarter 2023 results: CN¥0.039 loss per share (down from CN¥0.058 profit in 2Q 2022). Revenue: CN¥1.82b (down 13% from 2Q 2022). Net loss: CN¥58.3m (down 152% from profit in 2Q 2022). Revenue is forecast to grow 5.4% p.a. on average during the next 2 years, compared to a 12% growth forecast for the Forestry industry in China. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has remained flat, which means it is well ahead of earnings.
お知らせ • Jun 28Guangdong Guanhao High-Tech Co., Ltd. to Report First Half, 2023 Results on Aug 26, 2023Guangdong Guanhao High-Tech Co., Ltd. announced that they will report first half, 2023 results on Aug 26, 2023
Reported Earnings • Mar 11Full year 2022 earnings released: EPS: CN¥0.21 (vs CN¥0.08 in FY 2021)Full year 2022 results: EPS: CN¥0.21 (up from CN¥0.08 in FY 2021). Revenue: CN¥8.09b (up 9.3% from FY 2021). Net income: CN¥387.1m (up 179% from FY 2021). Profit margin: 4.8% (up from 1.9% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings.
Reported Earnings • Oct 30Third quarter 2022 earnings released: EPS: CN¥0.06 (vs CN¥0.039 in 3Q 2021)Third quarter 2022 results: EPS: CN¥0.06. Revenue: CN¥2.07b (down 51% from 3Q 2021). Net income: CN¥102.2m (down 14% from 3Q 2021). Profit margin: 4.9% (up from 2.8% in 3Q 2021). The increase in margin was driven by lower expenses.
Reported Earnings • Aug 31Second quarter 2022 earnings released: EPS: CN¥0.058 (vs CN¥0.038 in 2Q 2021)Second quarter 2022 results: EPS: CN¥0.058 (up from CN¥0.038 in 2Q 2021). Revenue: CN¥2.09b (up 245% from 2Q 2021). Net income: CN¥111.3m (up 138% from 2Q 2021). Profit margin: 5.3% (down from 7.7% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 1% per year whereas the company’s share price has increased by 2% per year.
Valuation Update With 7 Day Price Move • May 31Investor sentiment improved over the past weekAfter last week's 18% share price gain to CN¥3.81, the stock trades at a trailing P/E ratio of 64.3x. Average trailing P/E is 23x in the Forestry industry in China. Total returns to shareholders of 6.6% over the past three years.
Reported Earnings • Apr 27First quarter 2022 earnings: EPS exceeds analyst expectationsFirst quarter 2022 results: EPS: CN¥0.021. Revenue: CN¥1.72b (up 168% from 1Q 2021). Net income: CN¥38.2m (up 37% from 1Q 2021). Profit margin: 2.2% (down from 4.4% in 1Q 2021). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 17%.
お知らせ • Apr 07Guangdong Guanhao High-Tech Co., Ltd. announced that it has received fundingOn April 6, 2022, Guangdong Guanhao High-Tech Co., Ltd. closed the transaction.
Reported Earnings • Mar 11Full year 2021 earnings: EPS exceeds analyst expectationsFull year 2021 results: EPS: CN¥0.08 (down from CN¥0.14 in FY 2020). Revenue: CN¥7.40b (up 203% from FY 2020). Net income: CN¥138.7m (down 22% from FY 2020). Profit margin: 1.9% (down from 7.3% in FY 2020). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 17%. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.
Reported Earnings • Oct 31Third quarter 2021 earnings released: EPS CN¥0.039 (vs CN¥0.03 in 3Q 2020)The company reported a solid third quarter result with improved earnings and revenues, although profit margins were weaker. Third quarter 2021 results: Revenue: CN¥4.20b (up CN¥3.57b from 3Q 2020). Net income: CN¥118.2m (up 192% from 3Q 2020). Profit margin: 2.8% (down from 6.4% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Sep 30Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to CN¥5.11, the stock trades at a trailing P/E ratio of 33.3x. Average trailing P/E is 22x in the Forestry industry in China. Total returns to shareholders of 38% over the past three years.
Reported Earnings • Aug 26Second quarter 2021 earnings released: EPS CN¥0.038 (vs CN¥0.031 in 2Q 2020)The company reported a decent second quarter result with improved earnings and profit margins, although revenues were weaker. Second quarter 2021 results: Revenue: CN¥606.4m (down 3.4% from 2Q 2020). Net income: CN¥46.7m (up 20% from 2Q 2020). Profit margin: 7.7% (up from 6.2% in 2Q 2020). 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 11% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Jun 22Investor sentiment improved over the past weekAfter last week's 17% share price gain to CN¥5.56, the stock trades at a forward P/E ratio of 38x. Average forward P/E is 19x in the Forestry industry in China. Total returns to shareholders of 41% over the past three years.
Reported Earnings • Apr 29First quarter 2021 earnings released: EPS CN¥0.022 (vs CN¥0.019 in 1Q 2020)The company reported a solid first quarter result with improved earnings and revenues, although profit margins were weaker. First quarter 2021 results: Revenue: CN¥641.2m (up 38% from 1Q 2020). Net income: CN¥27.9m (up 18% from 1Q 2020). Profit margin: 4.4% (down from 5.1% in 1Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Mar 17Full year 2020 earnings released: EPS CN¥0.14 (vs CN¥0.13 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 6.0% from FY 2019). Net income: CN¥178.5m (up 4.8% from FY 2019). Profit margin: 7.3% (up from 6.6% 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 39% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.
Is New 90 Day High Low • Mar 01New 90-day high: CN¥5.88The company is up 42% from its price of CN¥4.15 on 01 December 2020. The Chinese market is up 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Forestry industry, which is up 13% over the same period.
お知らせ • Feb 20Guangdong Guanhao High-Tech Co., Ltd. announced a financing transactionGuangdong Guanhao High-Tech Co., Ltd. (SHSE:600433) announced a private placement on February 19, 2021.
Valuation Update With 7 Day Price Move • Feb 01Investor sentiment improved over the past weekAfter last week's 15% share price gain to CN¥5.73, the stock is trading at a trailing P/E ratio of 40.7x, up from the previous P/E ratio of 35.4x. This compares to an average P/E of 24x in the Forestry industry in China. Total returns to shareholders over the past three years are 48%.
Is New 90 Day High Low • Jan 27New 90-day high: CN¥5.12The company is up 48% from its price of CN¥3.47 on 29 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 Forestry industry, which is up 18% over the same period.
お知らせ • Jan 21Guangdong Guanhao High-Tech Co., Ltd. to Report Fiscal Year 2020 Results on Mar 17, 2021Guangdong Guanhao High-Tech Co., Ltd. announced that they will report fiscal year 2020 results on Mar 17, 2021
Valuation Update With 7 Day Price Move • Jan 06Investor sentiment improved over the past weekAfter last week's 21% share price gain to CN¥5.09, the stock is trading at a trailing P/E ratio of 36.2x, up from the previous P/E ratio of 29.8x. This compares to an average P/E of 24x in the Forestry industry in China. Total returns to shareholders over the past three years are 9.2%.
Is New 90 Day High Low • Jan 04New 90-day high: CN¥4.85The company is up 40% from its price of CN¥3.47 on 30 September 2020. The Chinese market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Forestry industry, which is up 12% over the same period.
Valuation Update With 7 Day Price Move • Dec 02Market bids up stock over the past weekAfter last week's 25% share price gain to CN¥4.57, the stock is trading at a trailing P/E ratio of 32.5x, up from the previous P/E ratio of 25.9x. This compares to an average P/E of 24x in the Forestry industry in China. Total returns to shareholders over the past three years were flat.
Is New 90 Day High Low • Dec 01New 90-day high: CN¥4.18The company is up 15% from its price of CN¥3.64 on 02 September 2020. The Chinese market is down 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Forestry industry, which is flat over the same period.
Valuation Update With 7 Day Price Move • Dec 01Market bids up stock over the past weekAfter last week's 15% share price gain to CN¥4.18, the stock is trading at a trailing P/E ratio of 29.7x, up from the previous P/E ratio of 25.8x. This compares to an average P/E of 25x in the Forestry industry in China. Total return to shareholders over the past three years is a loss of 6.0%.
Reported Earnings • Oct 25Third quarter earnings releasedOver the last 12 months the company has reported total profits of CN¥180.7m, up 57% from the prior year. Total revenue was CN¥2.44b over the last 12 months, down 5.6% from the prior year.
お知らせ • Oct 19Guangdong Guanhao High-Tech Co., Ltd. to Report Q3, 2020 Results on Oct 24, 2020Guangdong Guanhao High-Tech Co., Ltd. announced that they will report Q3, 2020 results on Oct 24, 2020
お知らせ • Sep 23Guangdong Guanhao High-Tech Co., Ltd. announced that it expects to receive CNY 500 million in fundingGuangdong Guanhao High-Tech Co., Ltd. (SHSE:600433) announced a private placement of shares of class A on September 21, 2020. The transaction has been approved by the State owned Assets Supervision and Administration Commission of the State Council. The transaction still needs to be approved by the competent regulatory agency.
お知らせ • Jul 09Guangdong Guanhao High-Tech Co., Ltd. to Report First Half, 2020 Results on Aug 25, 2020Guangdong Guanhao High-Tech Co., Ltd. announced that they will report first half, 2020 results on Aug 25, 2020
