View ValuationFangda Special Steel Technology 将来の成長Future 基準チェック /16Fangda Special Steel Technology利益と収益がそれぞれ年間19.5%と10.2%増加すると予測されています。EPS は年間 増加すると予想されています。自己資本利益率は 3 年後に11.1% 19.8%なると予測されています。主要情報19.5%収益成長率19.80%EPS成長率Metals and Mining 収益成長24.2%収益成長率10.2%将来の株主資本利益率11.12%アナリストカバレッジLow最終更新日02 Apr 2026今後の成長に関する最新情報更新なしすべての更新を表示Recent updatesお知らせ • Jun 30Fangda Special Steel Technology Co., Ltd. to Report First Half, 2026 Results on Aug 27, 2026Fangda Special Steel Technology Co., Ltd. announced that they will report first half, 2026 results on Aug 27, 2026Declared Dividend • May 27Dividend increased to CN¥0.20Dividend of CN¥0.20 is 506% higher than last year. Ex-date: 29th May 2026 Payment date: 29th May 2026 Dividend yield will be 4.2%, which is higher than the industry average of 2.8%. Sustainability & Growth Dividend is covered by earnings (58% earnings payout ratio) but not covered by cash flows (183% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 72% over the next 3 years, which should provide support to the dividend and adequate earnings cover.New Risk • Apr 28New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 21% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (21% accrual ratio). Minor Risk Dividend is not well covered by cash flows (183% cash payout ratio).お知らせ • Mar 30Fangda Special Steel Technology Co., Ltd. to Report Q1, 2026 Results on Apr 28, 2026Fangda Special Steel Technology Co., Ltd. announced that they will report Q1, 2026 results on Apr 28, 2026Reported Earnings • Mar 21Full year 2025 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2025 results: EPS: CN¥0.41 (up from CN¥0.11 in FY 2024). Revenue: CN¥18.2b (down 15% from FY 2024). Net income: CN¥942.3m (up 280% from FY 2024). Profit margin: 5.2% (up from 1.1% in FY 2024). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 28%. Earnings per share (EPS) exceeded analyst estimates by 13%. Revenue is forecast to grow 18% p.a. on average during the next 2 years, compared to a 12% growth forecast for the Metals and Mining industry in China. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.お知らせ • Mar 20Fangda Special Steel Technology Co., Ltd., Annual General Meeting, Apr 10, 2026Fangda Special Steel Technology Co., Ltd., Annual General Meeting, Apr 10, 2026, at 14:30 China Standard Time. Location: 4F, No. 475, Yejin Avenue, Qingshanhu District, Nanchang, Jiangxi ChinaValuation Update With 7 Day Price Move • Feb 27Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CN¥7.23, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 25x in the Metals and Mining industry in China. Total returns to shareholders of 15% over the past three years.お知らせ • Dec 26Fangda Special Steel Technology Co., Ltd. to Report Fiscal Year 2025 Results on Mar 21, 2026Fangda Special Steel Technology Co., Ltd. announced that they will report fiscal year 2025 results on Mar 21, 2026Reported Earnings • Oct 30Third quarter 2025 earnings released: EPS: CN¥0.16 (vs CN¥0.011 in 3Q 2024)Third quarter 2025 results: EPS: CN¥0.16 (up from CN¥0.011 in 3Q 2024). Revenue: CN¥4.54b (down 26% from 3Q 2024). Net income: CN¥383.7m (up CN¥357.6m from 3Q 2024). Profit margin: 8.5% (up from 0.4% in 3Q 2024). Revenue is forecast to grow 8.8% p.a. on average during the next 3 years, compared to a 9.4% growth forecast for the Metals and Mining industry in China. Over the last 3 years on average, earnings per share has fallen by 37% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.お知らせ • Sep 30Fangda Special Steel Technology Co., Ltd. to Report Q3, 2025 Results on Oct 30, 2025Fangda Special Steel Technology Co., Ltd. announced that they will report Q3, 2025 results on Oct 30, 2025Valuation Update With 7 Day Price Move • Jul 22Investor sentiment improves as stock rises 18%After last week's 18% share price gain to CN¥6.01, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 18x in the Metals and Mining industry in China. Total loss to shareholders of 7.1% over the past three years.お知らせ • Jun 30Fangda Special Steel Technology Co., Ltd. to Report First Half, 2025 Results on Aug 27, 2025Fangda Special Steel Technology Co., Ltd. announced that they will report first half, 2025 results on Aug 27, 2025Reported Earnings • Apr 24First quarter 2025 earnings released: EPS: CN¥0.11 (vs CN¥0.042 in 1Q 2024)First quarter 2025 results: EPS: CN¥0.11 (up from CN¥0.042 in 1Q 2024). Revenue: CN¥4.35b (down 26% from 1Q 2024). Net income: CN¥250.3m (up 168% from 1Q 2024). Profit margin: 5.8% (up from 1.6% in 1Q 2024). Revenue is forecast to grow 5.7% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Metals and Mining industry in China. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 58 percentage points per year, which is a significant difference in performance.お知らせ • Mar 28Fangda Special Steel Technology Co., Ltd. to Report Q1, 2025 Results on Apr 24, 2025Fangda Special Steel Technology Co., Ltd. announced that they will report Q1, 2025 results on Apr 24, 2025お知らせ • Mar 17Fangda Special Steel Technology Co., Ltd., Annual General Meeting, Apr 08, 2025Fangda Special Steel Technology Co., Ltd., Annual General Meeting, Apr 08, 2025, at 09:00 China Standard Time. Location: No. 475, Yejin Avenue, Qingshanhu District, Nanchang, Jiangxi ChinaReported Earnings • Mar 15Full year 2024 earnings released: EPS: CN¥0.11 (vs CN¥0.29 in FY 2023)Full year 2024 results: EPS: CN¥0.11 (down from CN¥0.29 in FY 2023). Revenue: CN¥21.6b (down 19% from FY 2023). Net income: CN¥247.8m (down 64% from FY 2023). Profit margin: 1.1% (down from 2.6% in FY 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 58 percentage points per year, which is a significant difference in performance.New Risk • Jan 21New major risk - Revenue and earnings growthEarnings have declined by 24% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 24% per year over the past 5 years. High level of non-cash earnings (51% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (1.1% net profit margin).分析記事 • Jan 09Fangda Special Steel Technology Co., Ltd. (SHSE:600507) Might Not Be As Mispriced As It LooksWith a price-to-earnings (or "P/E") ratio of 29.8x Fangda Special Steel Technology Co., Ltd. ( SHSE:600507 ) may be...お知らせ • Dec 27Fangda Special Steel Technology Co., Ltd. to Report Fiscal Year 2024 Results on Apr 12, 2025Fangda Special Steel Technology Co., Ltd. announced that they will report fiscal year 2024 results on Apr 12, 2025分析記事 • Dec 19Fangda Special Steel Technology (SHSE:600507) Is Reinvesting At Lower Rates Of ReturnWhat trends should we look for it we want to identify stocks that can multiply in value over the long term? Typically...分析記事 • Nov 05Fangda Special Steel Technology's (SHSE:600507) Shareholders Have More To Worry About Than Lackluster EarningsShareholders didn't appear too concerned by Fangda Special Steel Technology Co., Ltd.'s ( SHSE:600507 ) weak earnings...Reported Earnings • Oct 30Third quarter 2024 earnings released: EPS: CN¥0.011 (vs CN¥0.13 in 3Q 2023)Third quarter 2024 results: EPS: CN¥0.011 (down from CN¥0.13 in 3Q 2023). Revenue: CN¥6.11b (down 3.0% from 3Q 2023). Net income: CN¥26.1m (down 91% from 3Q 2023). Profit margin: 0.4% (down from 4.8% in 3Q 2023). The decrease in margin was primarily driven by lower revenue. Revenue is forecast to grow 3.1% p.a. on average during the next 3 years, compared to a 9.4% growth forecast for the Metals and Mining industry in China. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 56 percentage points per year, which is a significant difference in performance.お知らせ • Oct 15Fangda Special Steel Technology Co., Ltd. (SHSE:600507) announces an Equity Buyback for CNY 110 million worth of its shares.Fangda Special Steel Technology Co., Ltd. (SHSE:600507) announces a share repurchase program. Under the program, the company will repurchase up to CNY 110 million worth of its Class A shares. The shares will be repurchased at no more than CNY 5.50 per share. The purpose of the program is to maintain company value and shareholder rights. The program will be funded from company's own funds. The program will be valid for 3 months, until January 10, 2025.Buy Or Sell Opportunity • Oct 09Now 21% undervaluedOver the last 90 days, the stock has risen 4.1% to CN¥4.07. The fair value is estimated to be CN¥5.17, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.2% over the last 3 years. Earnings per share has declined by 65%. Revenue is forecast to grow by 7.2% in 2 years. Earnings are forecast to grow by 55% in the next 2 years.お知らせ • Sep 30Fangda Special Steel Technology Co., Ltd. to Report Q3, 2024 Results on Oct 30, 2024Fangda Special Steel Technology Co., Ltd. announced that they will report Q3, 2024 results on Oct 30, 2024Valuation Update With 7 Day Price Move • Sep 30Investor sentiment improves as stock rises 21%After last week's 21% share price gain to CN¥4.37, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 14x in the Metals and Mining industry in China. Total loss to shareholders of 35% over the past three years.Reported Earnings • Aug 30Second quarter 2024 earnings released: EPS: CN¥0.029 (vs CN¥0.081 in 2Q 2023)Second quarter 2024 results: EPS: CN¥0.029 (down from CN¥0.081 in 2Q 2023). Revenue: CN¥6.88b (down 25% from 2Q 2023). Net income: CN¥69.4m (down 61% from 2Q 2023). Profit margin: 1.0% (down from 1.9% in 2Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 5.4% p.a. on average during the next 3 years, compared to a 9.3% growth forecast for the Metals and Mining industry in China. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 41 percentage points per year, which is a significant difference in performance.お知らせ • Jul 11Fangda Special Steel Technology Co., Ltd. (SHSE:600507) announces an Equity Buyback for CNY 100 million worth of its shares.Fangda Special Steel Technology Co., Ltd. (SHSE:600507) announces a share repurchase program. Under the program, the company will repurchase up to CNY 100 million worth of its Class A shares. The shares will be repurchased at no more than CNY 4.50 per share. The purpose of the program is to maintain company value and shareholder rights. The program will be funded from company's own funds. The program will be valid for 3 months.お知らせ • Jun 28Fangda Special Steel Technology Co., Ltd. to Report First Half, 2024 Results on Aug 30, 2024Fangda Special Steel Technology Co., Ltd. announced that they will report first half, 2024 results on Aug 30, 2024分析記事 • May 03Shareholders Can Be Confident That Fangda Special Steel Technology's (SHSE:600507) Earnings Are High QualityEven though Fangda Special Steel Technology Co., Ltd.'s ( SHSE:600507 ) recent earnings release was robust, the market...Reported Earnings • Apr 28First quarter 2024 earnings released: EPS: CN¥0.042 (vs CN¥0.05 in 1Q 2023)First quarter 2024 results: EPS: CN¥0.042 (down from CN¥0.05 in 1Q 2023). Revenue: CN¥5.87b (up 41% from 1Q 2023). Net income: CN¥93.4m (down 13% from 1Q 2023). Profit margin: 1.6% (down from 2.6% in 1Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to stay flat during the next 3 years compared to a 9.7% growth forecast for the Metals and Mining industry in China. Over the last 3 years on average, earnings per share has fallen by 61% per year but the company’s share price has only fallen by 23% per year, which means it has not declined as severely as earnings.お知らせ • Mar 29Fangda Special Steel Technology Co., Ltd. to Report Q1, 2024 Results on Apr 27, 2024Fangda Special Steel Technology Co., Ltd. announced that they will report Q1, 2024 results on Apr 27, 2024お知らせ • Mar 16Fangda Special Steel Technology Co., Ltd., Annual General Meeting, Apr 08, 2024Fangda Special Steel Technology Co., Ltd., Annual General Meeting, Apr 08, 2024, at 09:00 China Standard Time.Reported Earnings • Mar 16Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2023 results: EPS: CN¥0.29 (down from CN¥0.43 in FY 2022). Revenue: CN¥26.5b (up 14% from FY 2022). Net income: CN¥688.8m (down 26% from FY 2022). Profit margin: 2.6% (down from 4.0% in FY 2022). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 23%. Earnings per share (EPS) missed analyst estimates by 51%. Revenue is expected to decline by 7.7% p.a. on average during the next 2 years, while revenues in the Metals and Mining industry in China are expected to grow by 11%. Over the last 3 years on average, earnings per share has fallen by 52% per year but the company’s share price has only fallen by 22% per year, which means it has not declined as severely as earnings.お知らせ • Dec 29Fangda Special Steel Technology Co., Ltd. to Report Fiscal Year 2023 Results on Mar 16, 2024Fangda Special Steel Technology Co., Ltd. announced that they will report fiscal year 2023 results on Mar 16, 2024お知らせ • Sep 30Fangda Special Steel Technology Co., Ltd. to Report Q3, 2023 Results on Oct 28, 2023Fangda Special Steel Technology Co., Ltd. announced that they will report Q3, 2023 results at 3:00 PM, China Standard Time on Oct 28, 2023Reported Earnings • Aug 30Second quarter 2023 earnings released: EPS: CN¥0.081 (vs CN¥0.17 in 2Q 2022)Second quarter 2023 results: EPS: CN¥0.081 (down from CN¥0.17 in 2Q 2022). Revenue: CN¥9.21b (up 14% from 2Q 2022). Net income: CN¥177.3m (down 54% from 2Q 2022). Profit margin: 1.9% (down from 4.8% in 2Q 2022). Revenue is forecast to stay flat during the next 3 years compared to a 11% growth forecast for the Metals and Mining industry in China. Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings.お知らせ • Jun 28Fangda Special Steel Technology Co., Ltd. to Report First Half, 2023 Results on Aug 30, 2023Fangda Special Steel Technology Co., Ltd. announced that they will report first half, 2023 results on Aug 30, 2023Reported Earnings • Mar 18Full year 2022 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2022 results: EPS: CN¥0.43 (down from CN¥1.27 in FY 2021). Revenue: CN¥23.2b (up 7.2% from FY 2021). Net income: CN¥926.2m (down 66% from FY 2021). Profit margin: 4.0% (down from 13% in FY 2021). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 6.7%. Earnings per share (EPS) missed analyst estimates by 50%. Revenue is forecast to stay flat during the next 2 years compared to a 12% growth forecast for the Metals and Mining industry in China. Over the last 3 years on average, earnings per share has increased by 2% per year whereas the company’s share price has increased by 6% per year.Reported Earnings • Aug 29Second quarter 2022 earnings released: EPS: CN¥0.17 (vs CN¥0.43 in 2Q 2021)Second quarter 2022 results: EPS: CN¥0.17 (down from CN¥0.43 in 2Q 2021). Revenue: CN¥8.07b (up 39% from 2Q 2021). Net income: CN¥385.6m (down 58% from 2Q 2021). Profit margin: 4.8% (down from 16% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is expected to shrink by 14% compared to a 30% growth forecast for the Metals and Mining industry in China. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Jun 15Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to CN¥7.22, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 15x in the Metals and Mining industry in China. Total returns to shareholders of 55% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥14.15 per share.Reported Earnings • May 02First quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behindFirst quarter 2022 results: EPS: CN¥0.25 (down from CN¥0.26 in 1Q 2021). Revenue: CN¥5.23b (up 30% from 1Q 2021). Net income: CN¥541.3m (down 2.1% from 1Q 2021). Profit margin: 10% (down from 14% in 1Q 2021). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 3.3%. Earnings per share (EPS) missed analyst estimates by 5.9%. Over the next year, revenue is expected to shrink by 5.4% compared to a 27% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.お知らせ • Feb 24Hainan Xiangjin Industrial Co., Ltd. agreed to acquire a 70% stake in Chenzhou Xinglong Mining Co., Ltd. from Fangda Special Steel Technology Co., Ltd. (SHSE:600507) for CNY 20.6 million.Hainan Xiangjin Industrial Co., Ltd. agreed to acquire a 70% stake in Chenzhou Xinglong Mining Co., Ltd. from Fangda Special Steel Technology Co., Ltd. (SHSE:600507) for CNY 20.6 million on February 21, 2022. Consideration price shall pay in three installments within two years, specifically, Phase 1: Within 5 working days after the signing of the agreement, will pay the equity transfer price of CNY 8 million. The second phase, within 18 months after the signing of the agreement, shall pay 70% of the equity transfer price, namely CNY 14.44 million. Phase 3, within 24 months after the signing of the agreement, shall pay the entire equity transfer price. For the year ended September 30, 2021 Chenzhou Xinglong has Revenue of 0.1302 million, Total Assets 34.5209 million, Net Income -1.2818 million, Total Common Equity -3.9851 million. Fangda Special Steel Technology Co., Ltd. board approved the deal.Reported Earnings • Oct 31Third quarter 2021 earnings released: EPS CN¥0.30 (vs CN¥0.32 in 3Q 2020)The company reported a mediocre third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: CN¥6.12b (up 36% from 3Q 2020). Net income: CN¥664.4m (down 1.7% from 3Q 2020). Profit margin: 11% (down from 15% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 8% 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.Valuation Update With 7 Day Price Move • Sep 08Investor sentiment improved over the past weekAfter last week's 15% share price gain to CN¥9.34, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 21x in the Metals and Mining industry in China. Total returns to shareholders of 71% over the past three years.Reported Earnings • Aug 29Second quarter 2021 earnings released: EPS CN¥0.43 (vs CN¥0.45 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CN¥5.83b (up 40% from 2Q 2020). Net income: CN¥924.2m (up 68% from 2Q 2020). Profit margin: 16% (up from 13% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.Valuation Update With 7 Day Price Move • Jun 03Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to CN¥7.69, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 18x in the Metals and Mining industry in China. Total returns to shareholders of 20% over the past three years.Reported Earnings • Apr 17First quarter 2021 earnings released: EPS CN¥0.26 (vs CN¥0.13 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: CN¥4.04b (up 27% from 1Q 2020). Net income: CN¥552.8m (up 104% from 1Q 2020). Profit margin: 14% (up from 8.5% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings.Valuation Update With 7 Day Price Move • Mar 18Investor sentiment improved over the past weekAfter last week's 16% share price gain to CN¥9.54, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 20x in the Metals and Mining industry in China. Total returns to shareholders of 10% over the past three years.Reported Earnings • Mar 07Full year 2020 earnings released: EPS CN¥0.99 (vs CN¥0.79 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: CN¥16.6b (up 7.9% from FY 2019). Net income: CN¥2.14b (up 25% from FY 2019). Profit margin: 13% (up from 11% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 22% per year but the company’s share price has only fallen by 12% per year, which means it has not declined as severely as earnings.Analyst Estimate Surprise Post Earnings • Mar 07Earnings beat expectations, revenue disappointsRevenue missed analyst estimates by 2.2%. Earnings per share (EPS) exceeded analyst estimates by 11%. Over the next year, revenue is forecast to grow 4.0%, compared to a 16% growth forecast for the Metals and Mining industry in China.Is New 90 Day High Low • Mar 03New 90-day high: CN¥7.94The company is up 12% from its price of CN¥7.12 on 03 December 2020. The Chinese market is up 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 11% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥29.73 per share.お知らせ • Jan 21Fangda Special Steel Technology Co., Ltd. to Report Fiscal Year 2020 Results on Mar 17, 2021Fangda Special Steel Technology Co., Ltd. announced that they will report fiscal year 2020 results on Mar 17, 2021Is New 90 Day High Low • Nov 17New 90-day high: CN¥7.57The company is up 32% from its price of CN¥5.72 on 19 August 2020. The Chinese market is down 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 1.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥27.88 per share.Is New 90 Day High Low • Oct 29New 90-day high: CN¥5.98The company is up 6.0% from its price of CN¥5.66 on 31 July 2020. The Chinese market is down 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is down 6.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥27.93 per share.Reported Earnings • Oct 28Third quarter earnings releasedOver the last 12 months the company has reported total profits of CN¥1.93b, up 2.3% from the prior year. Total revenue was CN¥16.2b over the last 12 months, up 3.6% from the prior year.お知らせ • Jul 10Fangda Special Steel Technology Co., Ltd. to Report First Half, 2020 Results on Aug 28, 2020Fangda Special Steel Technology Co., Ltd. announced that they will report first half, 2020 results on Aug 28, 2020業績と収益の成長予測SHSE:600507 - アナリストの将来予測と過去の財務データ ( )CNY Millions日付収益収益フリー・キャッシュフロー営業活動によるキャッシュ平均アナリスト数12/31/202825,6251,428N/A1,877112/31/202725,4421,285N/A1,636112/31/202625,2031,074N/A2,11013/31/202617,887800248358N/A12/31/202518,233942428464N/A9/30/202518,566848-60-34N/A6/30/202519,149490-947-916N/A3/31/202520,031405-445-395N/A12/31/202421,560248825876N/A9/30/202423,043291-303-233N/A6/30/202424,2235671,1011,181N/A3/31/202426,0156532,8382,916N/A12/31/202326,507689505594N/A9/30/202326,8404763,6153,685N/A6/30/202327,4423642,9723,066N/A3/31/202332,59865148144N/A12/31/202231,4631,0623,6063,699N/A9/30/202230,0021,7639001,006N/A6/30/202229,2222,2381,9932,084N/A3/31/202222,8702,7205,1985,287N/A12/31/202121,6792,7322,0482,154N/A9/30/202120,7372,7853,5433,660N/A6/30/202119,1122,7963,7033,818N/A3/31/202117,4592,4222,9053,055N/A12/31/202016,6012,1403,5923,740N/A9/30/202016,1511,9314,0884,233N/A6/30/202014,4931,4773,2183,365N/A3/31/202014,6371,5123,2453,366N/A12/31/201915,3891,711N/A1,735N/A9/30/201915,5981,890N/A1,690N/A6/30/201917,3012,676N/A3,224N/A3/31/201917,3592,840N/A2,261N/A12/31/201817,2862,927N/A3,573N/A9/30/201816,6003,315N/A3,882N/A6/30/201815,9113,141N/A2,647N/A3/31/201815,0512,812N/A2,243N/A12/31/201713,9452,540N/A2,554N/A9/30/201713,0161,742N/A2,040N/A6/30/201711,4031,112N/A1,545N/A3/31/20179,983889N/A1,414N/A12/31/20168,924666N/A1,345N/A9/30/20167,869409N/A687N/A6/30/20167,677218N/A912N/A3/31/20167,798101N/A1,180N/A12/31/20158,148106N/A707N/A9/30/20159,142286N/A824N/Aもっと見るアナリストによる今後の成長予測収入対貯蓄率: 600507の予測収益成長率 (年間19.5% ) は 貯蓄率 ( 2.4% ) を上回っています。収益対市場: 600507の収益 ( 19.5% ) CN市場 ( 26.4% ) よりも低い成長が予測されています。高成長収益: 600507の収益は増加すると予測されていますが、大幅には増加しません。収益対市場: 600507の収益 ( 10.2% ) CN市場 ( 16.1% ) よりも低い成長が予測されています。高い収益成長: 600507の収益 ( 10.2% ) 20%よりも低い成長が予測されています。一株当たり利益成長率予想将来の株主資本利益率将来のROE: 600507の 自己資本利益率 は、3年後には低くなると予測されています ( 11.1 %)。成長企業の発掘7D1Y7D1Y7D1YMaterials 業界の高成長企業。View Past Performance企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/07/19 19:52終値2026/07/17 00:00収益2026/03/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク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Fangda Special Steel Technology 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。4 アナリスト機関Xizeng ZHOUCitic Securities Co., Ltd.Li ChenHuatai ResearchYiran LiIndustrial Securities Co. Ltd.1 その他のアナリストを表示
お知らせ • Jun 30Fangda Special Steel Technology Co., Ltd. to Report First Half, 2026 Results on Aug 27, 2026Fangda Special Steel Technology Co., Ltd. announced that they will report first half, 2026 results on Aug 27, 2026
Declared Dividend • May 27Dividend increased to CN¥0.20Dividend of CN¥0.20 is 506% higher than last year. Ex-date: 29th May 2026 Payment date: 29th May 2026 Dividend yield will be 4.2%, which is higher than the industry average of 2.8%. Sustainability & Growth Dividend is covered by earnings (58% earnings payout ratio) but not covered by cash flows (183% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 72% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
New Risk • Apr 28New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 21% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (21% accrual ratio). Minor Risk Dividend is not well covered by cash flows (183% cash payout ratio).
お知らせ • Mar 30Fangda Special Steel Technology Co., Ltd. to Report Q1, 2026 Results on Apr 28, 2026Fangda Special Steel Technology Co., Ltd. announced that they will report Q1, 2026 results on Apr 28, 2026
Reported Earnings • Mar 21Full year 2025 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2025 results: EPS: CN¥0.41 (up from CN¥0.11 in FY 2024). Revenue: CN¥18.2b (down 15% from FY 2024). Net income: CN¥942.3m (up 280% from FY 2024). Profit margin: 5.2% (up from 1.1% in FY 2024). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 28%. Earnings per share (EPS) exceeded analyst estimates by 13%. Revenue is forecast to grow 18% p.a. on average during the next 2 years, compared to a 12% growth forecast for the Metals and Mining industry in China. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.
お知らせ • Mar 20Fangda Special Steel Technology Co., Ltd., Annual General Meeting, Apr 10, 2026Fangda Special Steel Technology Co., Ltd., Annual General Meeting, Apr 10, 2026, at 14:30 China Standard Time. Location: 4F, No. 475, Yejin Avenue, Qingshanhu District, Nanchang, Jiangxi China
Valuation Update With 7 Day Price Move • Feb 27Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CN¥7.23, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 25x in the Metals and Mining industry in China. Total returns to shareholders of 15% over the past three years.
お知らせ • Dec 26Fangda Special Steel Technology Co., Ltd. to Report Fiscal Year 2025 Results on Mar 21, 2026Fangda Special Steel Technology Co., Ltd. announced that they will report fiscal year 2025 results on Mar 21, 2026
Reported Earnings • Oct 30Third quarter 2025 earnings released: EPS: CN¥0.16 (vs CN¥0.011 in 3Q 2024)Third quarter 2025 results: EPS: CN¥0.16 (up from CN¥0.011 in 3Q 2024). Revenue: CN¥4.54b (down 26% from 3Q 2024). Net income: CN¥383.7m (up CN¥357.6m from 3Q 2024). Profit margin: 8.5% (up from 0.4% in 3Q 2024). Revenue is forecast to grow 8.8% p.a. on average during the next 3 years, compared to a 9.4% growth forecast for the Metals and Mining industry in China. Over the last 3 years on average, earnings per share has fallen by 37% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.
お知らせ • Sep 30Fangda Special Steel Technology Co., Ltd. to Report Q3, 2025 Results on Oct 30, 2025Fangda Special Steel Technology Co., Ltd. announced that they will report Q3, 2025 results on Oct 30, 2025
Valuation Update With 7 Day Price Move • Jul 22Investor sentiment improves as stock rises 18%After last week's 18% share price gain to CN¥6.01, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 18x in the Metals and Mining industry in China. Total loss to shareholders of 7.1% over the past three years.
お知らせ • Jun 30Fangda Special Steel Technology Co., Ltd. to Report First Half, 2025 Results on Aug 27, 2025Fangda Special Steel Technology Co., Ltd. announced that they will report first half, 2025 results on Aug 27, 2025
Reported Earnings • Apr 24First quarter 2025 earnings released: EPS: CN¥0.11 (vs CN¥0.042 in 1Q 2024)First quarter 2025 results: EPS: CN¥0.11 (up from CN¥0.042 in 1Q 2024). Revenue: CN¥4.35b (down 26% from 1Q 2024). Net income: CN¥250.3m (up 168% from 1Q 2024). Profit margin: 5.8% (up from 1.6% in 1Q 2024). Revenue is forecast to grow 5.7% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Metals and Mining industry in China. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 58 percentage points per year, which is a significant difference in performance.
お知らせ • Mar 28Fangda Special Steel Technology Co., Ltd. to Report Q1, 2025 Results on Apr 24, 2025Fangda Special Steel Technology Co., Ltd. announced that they will report Q1, 2025 results on Apr 24, 2025
お知らせ • Mar 17Fangda Special Steel Technology Co., Ltd., Annual General Meeting, Apr 08, 2025Fangda Special Steel Technology Co., Ltd., Annual General Meeting, Apr 08, 2025, at 09:00 China Standard Time. Location: No. 475, Yejin Avenue, Qingshanhu District, Nanchang, Jiangxi China
Reported Earnings • Mar 15Full year 2024 earnings released: EPS: CN¥0.11 (vs CN¥0.29 in FY 2023)Full year 2024 results: EPS: CN¥0.11 (down from CN¥0.29 in FY 2023). Revenue: CN¥21.6b (down 19% from FY 2023). Net income: CN¥247.8m (down 64% from FY 2023). Profit margin: 1.1% (down from 2.6% in FY 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 58 percentage points per year, which is a significant difference in performance.
New Risk • Jan 21New major risk - Revenue and earnings growthEarnings have declined by 24% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 24% per year over the past 5 years. High level of non-cash earnings (51% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (1.1% net profit margin).
分析記事 • Jan 09Fangda Special Steel Technology Co., Ltd. (SHSE:600507) Might Not Be As Mispriced As It LooksWith a price-to-earnings (or "P/E") ratio of 29.8x Fangda Special Steel Technology Co., Ltd. ( SHSE:600507 ) may be...
お知らせ • Dec 27Fangda Special Steel Technology Co., Ltd. to Report Fiscal Year 2024 Results on Apr 12, 2025Fangda Special Steel Technology Co., Ltd. announced that they will report fiscal year 2024 results on Apr 12, 2025
分析記事 • Dec 19Fangda Special Steel Technology (SHSE:600507) Is Reinvesting At Lower Rates Of ReturnWhat trends should we look for it we want to identify stocks that can multiply in value over the long term? Typically...
分析記事 • Nov 05Fangda Special Steel Technology's (SHSE:600507) Shareholders Have More To Worry About Than Lackluster EarningsShareholders didn't appear too concerned by Fangda Special Steel Technology Co., Ltd.'s ( SHSE:600507 ) weak earnings...
Reported Earnings • Oct 30Third quarter 2024 earnings released: EPS: CN¥0.011 (vs CN¥0.13 in 3Q 2023)Third quarter 2024 results: EPS: CN¥0.011 (down from CN¥0.13 in 3Q 2023). Revenue: CN¥6.11b (down 3.0% from 3Q 2023). Net income: CN¥26.1m (down 91% from 3Q 2023). Profit margin: 0.4% (down from 4.8% in 3Q 2023). The decrease in margin was primarily driven by lower revenue. Revenue is forecast to grow 3.1% p.a. on average during the next 3 years, compared to a 9.4% growth forecast for the Metals and Mining industry in China. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 56 percentage points per year, which is a significant difference in performance.
お知らせ • Oct 15Fangda Special Steel Technology Co., Ltd. (SHSE:600507) announces an Equity Buyback for CNY 110 million worth of its shares.Fangda Special Steel Technology Co., Ltd. (SHSE:600507) announces a share repurchase program. Under the program, the company will repurchase up to CNY 110 million worth of its Class A shares. The shares will be repurchased at no more than CNY 5.50 per share. The purpose of the program is to maintain company value and shareholder rights. The program will be funded from company's own funds. The program will be valid for 3 months, until January 10, 2025.
Buy Or Sell Opportunity • Oct 09Now 21% undervaluedOver the last 90 days, the stock has risen 4.1% to CN¥4.07. The fair value is estimated to be CN¥5.17, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.2% over the last 3 years. Earnings per share has declined by 65%. Revenue is forecast to grow by 7.2% in 2 years. Earnings are forecast to grow by 55% in the next 2 years.
お知らせ • Sep 30Fangda Special Steel Technology Co., Ltd. to Report Q3, 2024 Results on Oct 30, 2024Fangda Special Steel Technology Co., Ltd. announced that they will report Q3, 2024 results on Oct 30, 2024
Valuation Update With 7 Day Price Move • Sep 30Investor sentiment improves as stock rises 21%After last week's 21% share price gain to CN¥4.37, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 14x in the Metals and Mining industry in China. Total loss to shareholders of 35% over the past three years.
Reported Earnings • Aug 30Second quarter 2024 earnings released: EPS: CN¥0.029 (vs CN¥0.081 in 2Q 2023)Second quarter 2024 results: EPS: CN¥0.029 (down from CN¥0.081 in 2Q 2023). Revenue: CN¥6.88b (down 25% from 2Q 2023). Net income: CN¥69.4m (down 61% from 2Q 2023). Profit margin: 1.0% (down from 1.9% in 2Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 5.4% p.a. on average during the next 3 years, compared to a 9.3% growth forecast for the Metals and Mining industry in China. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 41 percentage points per year, which is a significant difference in performance.
お知らせ • Jul 11Fangda Special Steel Technology Co., Ltd. (SHSE:600507) announces an Equity Buyback for CNY 100 million worth of its shares.Fangda Special Steel Technology Co., Ltd. (SHSE:600507) announces a share repurchase program. Under the program, the company will repurchase up to CNY 100 million worth of its Class A shares. The shares will be repurchased at no more than CNY 4.50 per share. The purpose of the program is to maintain company value and shareholder rights. The program will be funded from company's own funds. The program will be valid for 3 months.
お知らせ • Jun 28Fangda Special Steel Technology Co., Ltd. to Report First Half, 2024 Results on Aug 30, 2024Fangda Special Steel Technology Co., Ltd. announced that they will report first half, 2024 results on Aug 30, 2024
分析記事 • May 03Shareholders Can Be Confident That Fangda Special Steel Technology's (SHSE:600507) Earnings Are High QualityEven though Fangda Special Steel Technology Co., Ltd.'s ( SHSE:600507 ) recent earnings release was robust, the market...
Reported Earnings • Apr 28First quarter 2024 earnings released: EPS: CN¥0.042 (vs CN¥0.05 in 1Q 2023)First quarter 2024 results: EPS: CN¥0.042 (down from CN¥0.05 in 1Q 2023). Revenue: CN¥5.87b (up 41% from 1Q 2023). Net income: CN¥93.4m (down 13% from 1Q 2023). Profit margin: 1.6% (down from 2.6% in 1Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to stay flat during the next 3 years compared to a 9.7% growth forecast for the Metals and Mining industry in China. Over the last 3 years on average, earnings per share has fallen by 61% per year but the company’s share price has only fallen by 23% per year, which means it has not declined as severely as earnings.
お知らせ • Mar 29Fangda Special Steel Technology Co., Ltd. to Report Q1, 2024 Results on Apr 27, 2024Fangda Special Steel Technology Co., Ltd. announced that they will report Q1, 2024 results on Apr 27, 2024
お知らせ • Mar 16Fangda Special Steel Technology Co., Ltd., Annual General Meeting, Apr 08, 2024Fangda Special Steel Technology Co., Ltd., Annual General Meeting, Apr 08, 2024, at 09:00 China Standard Time.
Reported Earnings • Mar 16Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2023 results: EPS: CN¥0.29 (down from CN¥0.43 in FY 2022). Revenue: CN¥26.5b (up 14% from FY 2022). Net income: CN¥688.8m (down 26% from FY 2022). Profit margin: 2.6% (down from 4.0% in FY 2022). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 23%. Earnings per share (EPS) missed analyst estimates by 51%. Revenue is expected to decline by 7.7% p.a. on average during the next 2 years, while revenues in the Metals and Mining industry in China are expected to grow by 11%. Over the last 3 years on average, earnings per share has fallen by 52% per year but the company’s share price has only fallen by 22% per year, which means it has not declined as severely as earnings.
お知らせ • Dec 29Fangda Special Steel Technology Co., Ltd. to Report Fiscal Year 2023 Results on Mar 16, 2024Fangda Special Steel Technology Co., Ltd. announced that they will report fiscal year 2023 results on Mar 16, 2024
お知らせ • Sep 30Fangda Special Steel Technology Co., Ltd. to Report Q3, 2023 Results on Oct 28, 2023Fangda Special Steel Technology Co., Ltd. announced that they will report Q3, 2023 results at 3:00 PM, China Standard Time on Oct 28, 2023
Reported Earnings • Aug 30Second quarter 2023 earnings released: EPS: CN¥0.081 (vs CN¥0.17 in 2Q 2022)Second quarter 2023 results: EPS: CN¥0.081 (down from CN¥0.17 in 2Q 2022). Revenue: CN¥9.21b (up 14% from 2Q 2022). Net income: CN¥177.3m (down 54% from 2Q 2022). Profit margin: 1.9% (down from 4.8% in 2Q 2022). Revenue is forecast to stay flat during the next 3 years compared to a 11% growth forecast for the Metals and Mining industry in China. Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings.
お知らせ • Jun 28Fangda Special Steel Technology Co., Ltd. to Report First Half, 2023 Results on Aug 30, 2023Fangda Special Steel Technology Co., Ltd. announced that they will report first half, 2023 results on Aug 30, 2023
Reported Earnings • Mar 18Full year 2022 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2022 results: EPS: CN¥0.43 (down from CN¥1.27 in FY 2021). Revenue: CN¥23.2b (up 7.2% from FY 2021). Net income: CN¥926.2m (down 66% from FY 2021). Profit margin: 4.0% (down from 13% in FY 2021). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 6.7%. Earnings per share (EPS) missed analyst estimates by 50%. Revenue is forecast to stay flat during the next 2 years compared to a 12% growth forecast for the Metals and Mining industry in China. Over the last 3 years on average, earnings per share has increased by 2% per year whereas the company’s share price has increased by 6% per year.
Reported Earnings • Aug 29Second quarter 2022 earnings released: EPS: CN¥0.17 (vs CN¥0.43 in 2Q 2021)Second quarter 2022 results: EPS: CN¥0.17 (down from CN¥0.43 in 2Q 2021). Revenue: CN¥8.07b (up 39% from 2Q 2021). Net income: CN¥385.6m (down 58% from 2Q 2021). Profit margin: 4.8% (down from 16% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is expected to shrink by 14% compared to a 30% growth forecast for the Metals and Mining industry in China. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Jun 15Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to CN¥7.22, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 15x in the Metals and Mining industry in China. Total returns to shareholders of 55% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥14.15 per share.
Reported Earnings • May 02First quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behindFirst quarter 2022 results: EPS: CN¥0.25 (down from CN¥0.26 in 1Q 2021). Revenue: CN¥5.23b (up 30% from 1Q 2021). Net income: CN¥541.3m (down 2.1% from 1Q 2021). Profit margin: 10% (down from 14% in 1Q 2021). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 3.3%. Earnings per share (EPS) missed analyst estimates by 5.9%. Over the next year, revenue is expected to shrink by 5.4% compared to a 27% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.
お知らせ • Feb 24Hainan Xiangjin Industrial Co., Ltd. agreed to acquire a 70% stake in Chenzhou Xinglong Mining Co., Ltd. from Fangda Special Steel Technology Co., Ltd. (SHSE:600507) for CNY 20.6 million.Hainan Xiangjin Industrial Co., Ltd. agreed to acquire a 70% stake in Chenzhou Xinglong Mining Co., Ltd. from Fangda Special Steel Technology Co., Ltd. (SHSE:600507) for CNY 20.6 million on February 21, 2022. Consideration price shall pay in three installments within two years, specifically, Phase 1: Within 5 working days after the signing of the agreement, will pay the equity transfer price of CNY 8 million. The second phase, within 18 months after the signing of the agreement, shall pay 70% of the equity transfer price, namely CNY 14.44 million. Phase 3, within 24 months after the signing of the agreement, shall pay the entire equity transfer price. For the year ended September 30, 2021 Chenzhou Xinglong has Revenue of 0.1302 million, Total Assets 34.5209 million, Net Income -1.2818 million, Total Common Equity -3.9851 million. Fangda Special Steel Technology Co., Ltd. board approved the deal.
Reported Earnings • Oct 31Third quarter 2021 earnings released: EPS CN¥0.30 (vs CN¥0.32 in 3Q 2020)The company reported a mediocre third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: CN¥6.12b (up 36% from 3Q 2020). Net income: CN¥664.4m (down 1.7% from 3Q 2020). Profit margin: 11% (down from 15% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 8% 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.
Valuation Update With 7 Day Price Move • Sep 08Investor sentiment improved over the past weekAfter last week's 15% share price gain to CN¥9.34, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 21x in the Metals and Mining industry in China. Total returns to shareholders of 71% over the past three years.
Reported Earnings • Aug 29Second quarter 2021 earnings released: EPS CN¥0.43 (vs CN¥0.45 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CN¥5.83b (up 40% from 2Q 2020). Net income: CN¥924.2m (up 68% from 2Q 2020). Profit margin: 16% (up from 13% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.
Valuation Update With 7 Day Price Move • Jun 03Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to CN¥7.69, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 18x in the Metals and Mining industry in China. Total returns to shareholders of 20% over the past three years.
Reported Earnings • Apr 17First quarter 2021 earnings released: EPS CN¥0.26 (vs CN¥0.13 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: CN¥4.04b (up 27% from 1Q 2020). Net income: CN¥552.8m (up 104% from 1Q 2020). Profit margin: 14% (up from 8.5% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings.
Valuation Update With 7 Day Price Move • Mar 18Investor sentiment improved over the past weekAfter last week's 16% share price gain to CN¥9.54, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 20x in the Metals and Mining industry in China. Total returns to shareholders of 10% over the past three years.
Reported Earnings • Mar 07Full year 2020 earnings released: EPS CN¥0.99 (vs CN¥0.79 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: CN¥16.6b (up 7.9% from FY 2019). Net income: CN¥2.14b (up 25% from FY 2019). Profit margin: 13% (up from 11% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 22% per year but the company’s share price has only fallen by 12% per year, which means it has not declined as severely as earnings.
Analyst Estimate Surprise Post Earnings • Mar 07Earnings beat expectations, revenue disappointsRevenue missed analyst estimates by 2.2%. Earnings per share (EPS) exceeded analyst estimates by 11%. Over the next year, revenue is forecast to grow 4.0%, compared to a 16% growth forecast for the Metals and Mining industry in China.
Is New 90 Day High Low • Mar 03New 90-day high: CN¥7.94The company is up 12% from its price of CN¥7.12 on 03 December 2020. The Chinese market is up 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 11% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥29.73 per share.
お知らせ • Jan 21Fangda Special Steel Technology Co., Ltd. to Report Fiscal Year 2020 Results on Mar 17, 2021Fangda Special Steel Technology Co., Ltd. announced that they will report fiscal year 2020 results on Mar 17, 2021
Is New 90 Day High Low • Nov 17New 90-day high: CN¥7.57The company is up 32% from its price of CN¥5.72 on 19 August 2020. The Chinese market is down 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 1.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥27.88 per share.
Is New 90 Day High Low • Oct 29New 90-day high: CN¥5.98The company is up 6.0% from its price of CN¥5.66 on 31 July 2020. The Chinese market is down 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is down 6.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥27.93 per share.
Reported Earnings • Oct 28Third quarter earnings releasedOver the last 12 months the company has reported total profits of CN¥1.93b, up 2.3% from the prior year. Total revenue was CN¥16.2b over the last 12 months, up 3.6% from the prior year.
お知らせ • Jul 10Fangda Special Steel Technology Co., Ltd. to Report First Half, 2020 Results on Aug 28, 2020Fangda Special Steel Technology Co., Ltd. announced that they will report first half, 2020 results on Aug 28, 2020