HigaLtd（603150）株式概要安徽東篭塑料有限公司は中国で冷蔵庫のドアシールを製造・販売している。 詳細603150 ファンダメンタル分析スノーフレーク・スコア評価0/6将来の成長0/6過去の実績0/6財務の健全性3/6配当金2/6リスク分析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 過去5年間で収益は年間4.1%減少しました。 財務結果に影響を与える大きな一時的項目 0.47%の配当はフリーキャッシュフローで十分にカバーされていない +1 さらなるリスクすべてのリスクチェックを見る603150 Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.Your Fair ValueCN¥Current PriceCN¥76.1239.2% 割高 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture05b2016201920222025202620282031Revenue CN¥5.2bEarnings CN¥100.6mAdvancedSet Fair ValueView all narrativesHiga Co.,Ltd. 競合他社GuangDong Leary New Material TechnologyLtdSymbol: SHSE:688683Market cap: CN¥5.8bKangda New Materials (Group)Symbol: SZSE:002669Market cap: CN¥4.8bIntco Recycling ResourcesSymbol: SHSE:688087Market cap: CN¥6.2bAnhui Huaheng BiotechnologySymbol: SHSE:688639Market cap: CN¥3.8b価格と性能株価の高値、安値、推移の概要HigaLtd過去の株価現在の株価CN¥76.1252週高値CN¥81.5552週安値CN¥31.61ベータ1.151ヶ月の変化6.85%3ヶ月変化67.85%1年変化133.78%3年間の変化188.77%5年間の変化n/aIPOからの変化54.62%最新ニュースValuation Update With 7 Day Price Move • Jun 09Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CN¥74.58, the stock trades at a trailing P/E ratio of 63.4x. Average trailing P/E is 45x in the Chemicals industry in China. Total returns to shareholders of 190% over the past three years.New Risk • May 19New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 22% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (4.3% operating cash flow to total debt). Dividend is not well covered by earnings and cash flows. Payout ratio: 276% Paying a dividend despite having no free cash flows. Earnings have declined by 4.1% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (8.3% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.9% net profit margin).Valuation Update With 7 Day Price Move • May 11Investor sentiment improves as stock rises 21%After last week's 21% share price gain to CN¥73.48, the stock trades at a trailing P/E ratio of 62.4x. Average trailing P/E is 51x in the Chemicals industry in China. Total returns to shareholders of 186% over the past three years.New Risk • May 05New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 4.9% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (4.9% operating cash flow to total debt). Earnings have declined by 4.1% per year over the past 5 years. Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (8.7% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.9% net profit margin).Reported Earnings • Apr 23Full year 2025 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2025 results: EPS: CN¥1.33 (down from CN¥1.67 in FY 2024). Revenue: CN¥4.12b (up 22% from FY 2024). Net income: CN¥111.3m (down 20% from FY 2024). Profit margin: 2.7% (down from 4.1% in FY 2024). Revenue exceeded analyst estimates by 4.2%. Earnings per share (EPS) missed analyst estimates by 19%. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 32% per year, which means it is well ahead of earnings.お知らせ • Apr 22Anhui Higasket Plastics Co.,Ltd. announced that it expects to receive CNY 300 million in fundingAnhui Higasket Plastics Co.,Ltd. announced private placement to issue A shares for gross proceeds of CNY 300,000,000 or less on April 21, 2026. The transaction includes participation from not more than 35 investors who meet the regulations of the regulatory authorities, including securities investment fund management companies, securities companies, trust companies, finance companies, insurance institutional investors, qualified foreign institutional investors, Renminbi qualified foreign institutional investors, and other legal persons, natural persons, or other legitimate investment organizations that comply with the requirements of the China Securities Regulatory Commission. The issue volume is not exceeding 20% of the net assets at the end of the most recent year, of A shares with a nominal value of CNY 1.00 per share. The number of shares to be issued will be determined by dividing the total raised funds by the issue price, and will not exceed 30% of the company's total share capital before the issuance. The pricing benchmark date for this stock issuance is the first day of the issuance period. The issue price shall not be lower than 80% of the average stock price of the company over the 20 trading days prior to the pricing benchmark date (calculation formula: average stock trading price over the 20 trading days prior to the pricing benchmark date = total stock trading amount over the 20 trading days prior to the pricing benchmark date / total stock trading volume over the 20 trading days prior to the pricing benchmark date). A shares issued to specific investors may not be transferred within 6 months from the end of the issuance. The transaction is approved by board of directors of the company in its fourth board of directors in the its fourth meeting最新情報をもっと見るRecent updatesValuation Update With 7 Day Price Move • Jun 09Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CN¥74.58, the stock trades at a trailing P/E ratio of 63.4x. Average trailing P/E is 45x in the Chemicals industry in China. Total returns to shareholders of 190% over the past three years.New Risk • May 19New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 22% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (4.3% operating cash flow to total debt). Dividend is not well covered by earnings and cash flows. Payout ratio: 276% Paying a dividend despite having no free cash flows. Earnings have declined by 4.1% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (8.3% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.9% net profit margin).Valuation Update With 7 Day Price Move • May 11Investor sentiment improves as stock rises 21%After last week's 21% share price gain to CN¥73.48, the stock trades at a trailing P/E ratio of 62.4x. Average trailing P/E is 51x in the Chemicals industry in China. Total returns to shareholders of 186% over the past three years.New Risk • May 05New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 4.9% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (4.9% operating cash flow to total debt). Earnings have declined by 4.1% per year over the past 5 years. Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (8.7% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.9% net profit margin).Reported Earnings • Apr 23Full year 2025 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2025 results: EPS: CN¥1.33 (down from CN¥1.67 in FY 2024). Revenue: CN¥4.12b (up 22% from FY 2024). Net income: CN¥111.3m (down 20% from FY 2024). Profit margin: 2.7% (down from 4.1% in FY 2024). Revenue exceeded analyst estimates by 4.2%. Earnings per share (EPS) missed analyst estimates by 19%. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 32% per year, which means it is well ahead of earnings.お知らせ • Apr 22Anhui Higasket Plastics Co.,Ltd. announced that it expects to receive CNY 300 million in fundingAnhui Higasket Plastics Co.,Ltd. announced private placement to issue A shares for gross proceeds of CNY 300,000,000 or less on April 21, 2026. The transaction includes participation from not more than 35 investors who meet the regulations of the regulatory authorities, including securities investment fund management companies, securities companies, trust companies, finance companies, insurance institutional investors, qualified foreign institutional investors, Renminbi qualified foreign institutional investors, and other legal persons, natural persons, or other legitimate investment organizations that comply with the requirements of the China Securities Regulatory Commission. The issue volume is not exceeding 20% of the net assets at the end of the most recent year, of A shares with a nominal value of CNY 1.00 per share. The number of shares to be issued will be determined by dividing the total raised funds by the issue price, and will not exceed 30% of the company's total share capital before the issuance. The pricing benchmark date for this stock issuance is the first day of the issuance period. The issue price shall not be lower than 80% of the average stock price of the company over the 20 trading days prior to the pricing benchmark date (calculation formula: average stock trading price over the 20 trading days prior to the pricing benchmark date = total stock trading amount over the 20 trading days prior to the pricing benchmark date / total stock trading volume over the 20 trading days prior to the pricing benchmark date). A shares issued to specific investors may not be transferred within 6 months from the end of the issuance. The transaction is approved by board of directors of the company in its fourth board of directors in the its fourth meetingNew Risk • Apr 22New major risk - Revenue and earnings growthEarnings have declined by 0.8% 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 Debt is not well covered by operating cash flow (4.3% operating cash flow to total debt). Earnings have declined by 0.8% per year over the past 5 years. Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (8.8% average weekly change).お知らせ • Apr 22Anhui Higasket Plastics Co.,Ltd., Annual General Meeting, May 13, 2026Anhui Higasket Plastics Co.,Ltd., Annual General Meeting, May 13, 2026, at 14:00 China Standard Time. Location: No. 678, Tangkou Road, Economic and Technological Development Zone, Hefei, Anhui Chinaお知らせ • Mar 30Anhui Higasket Plastics Co.,Ltd. to Report Q1, 2026 Results on Apr 29, 2026Anhui Higasket Plastics Co.,Ltd. announced that they will report Q1, 2026 results on Apr 29, 2026New Risk • Mar 23New 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 8.4% 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 Risk Debt is not well covered by operating cash flow (4.3% operating cash flow to total debt). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (8.4% average weekly change).Valuation Update With 7 Day Price Move • Mar 23Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to CN¥46.61, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 23x in the Chemicals industry in China. Total returns to shareholders of 64% over the past three years.Valuation Update With 7 Day Price Move • Feb 04Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CN¥48.56, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 26x in the Chemicals industry in China. Total returns to shareholders of 76% over the past three years.お知らせ • Dec 26Anhui Higasket Plastics Co.,Ltd. to Report Fiscal Year 2025 Results on Apr 22, 2026Anhui Higasket Plastics Co.,Ltd. announced that they will report fiscal year 2025 results on Apr 22, 2026Reported Earnings • Oct 30Third quarter 2025 earnings released: EPS: CN¥0.31 (vs CN¥0.40 in 3Q 2024)Third quarter 2025 results: EPS: CN¥0.31 (down from CN¥0.40 in 3Q 2024). Revenue: CN¥1.00b (up 24% from 3Q 2024). Net income: CN¥26.0m (down 23% from 3Q 2024). Profit margin: 2.6% (down from 4.2% in 3Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Chemicals industry in China. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings.お知らせ • Sep 30Anhui Higasket Plastics Co.,Ltd. to Report Q3, 2025 Results on Oct 30, 2025Anhui Higasket Plastics Co.,Ltd. announced that they will report Q3, 2025 results on Oct 30, 2025New Risk • Sep 08New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 18% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. This is currently the only risk that has been identified for the company.Valuation Update With 7 Day Price Move • Aug 05Investor sentiment improves as stock rises 18%After last week's 18% share price gain to CN¥38.93, the stock trades at a trailing P/E ratio of 23.4x. Average trailing P/E is 41x in the Chemicals industry in China. Total returns to shareholders of 30% over the past three years.New Risk • Aug 04New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 6.8% 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 Risk Debt is not well covered by operating cash flow (17% operating cash flow to total debt). Minor Risk Share price has been volatile over the past 3 months (6.8% average weekly change).お知らせ • Jun 30Anhui Higasket Plastics Co.,Ltd. to Report First Half, 2025 Results on Aug 28, 2025Anhui Higasket Plastics Co.,Ltd. announced that they will report first half, 2025 results on Aug 28, 2025Valuation Update With 7 Day Price Move • May 22Investor sentiment improves as stock rises 15%After last week's 15% share price gain to CN¥35.83, the stock trades at a trailing P/E ratio of 21.6x. Average trailing P/E is 37x in the Chemicals industry in China. Total returns to shareholders of 33% over the past three years.Reported Earnings • May 03First quarter 2025 earnings released: EPS: CN¥0.44 (vs CN¥0.41 in 1Q 2024)First quarter 2025 results: EPS: CN¥0.44 (up from CN¥0.41 in 1Q 2024). Revenue: CN¥909.0m (up 24% from 1Q 2024). Net income: CN¥37.6m (up 8.9% from 1Q 2024). Profit margin: 4.1% (down from 4.7% in 1Q 2024). 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 increased by 4% per year, which means it is well ahead of earnings.New Risk • May 01New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 5.9% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. This is currently the only risk that has been identified for the company.お知らせ • Apr 25Anhui Higasket Plastics Co.,Ltd., Annual General Meeting, May 15, 2025Anhui Higasket Plastics Co.,Ltd., Annual General Meeting, May 15, 2025, at 14:00 China Standard Time. Location: No. 678, Tangkou Road, Economic and Technological Development Zone, Hefei, Anhui ChinaValuation Update With 7 Day Price Move • Apr 08Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to CN¥27.15, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 19x in the Chemicals industry in China. Total loss to shareholders of 2.0% over the past three years.New Risk • Apr 07New 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 8.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks High level of debt (44% net debt to equity). Share price has been volatile over the past 3 months (8.0% average weekly change).お知らせ • Mar 28Anhui Higasket Plastics Co.,Ltd. to Report Q1, 2025 Results on Apr 29, 2025Anhui Higasket Plastics Co.,Ltd. announced that they will report Q1, 2025 results on Apr 29, 2025Valuation Update With 7 Day Price Move • Feb 25Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CN¥39.06, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 21x in the Chemicals industry in China. Total returns to shareholders of 17% over the past three years.分析記事 • Feb 12Improved Earnings Required Before Anhui Higasket Plastics Co.,Ltd. (SHSE:603150) Stock's 27% Jump Looks JustifiedAnhui Higasket Plastics Co.,Ltd. ( SHSE:603150 ) shareholders would be excited to see that the share price has had a...Valuation Update With 7 Day Price Move • Feb 07Investor sentiment improves as stock rises 20%After last week's 20% share price gain to CN¥32.34, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 19x in the Chemicals industry in China. Total loss to shareholders of 17% over the past three years.お知らせ • Jan 20Anhui Higasket Plastics Co.,Ltd. (SHSE:603150) agreed to acquire an additional 37.51% stake in Anhui Xirui Technology Co., Ltd. from Huoshan Intelligent Manufacturing Venture Capital Partnership Enterprise (Limited Partnership) and others for CNY 32.8 million.Anhui Higasket Plastics Co.,Ltd. (SHSE:603150) agreed to acquire an additional 37.51% stake in Anhui Xirui Technology Co., Ltd. from Huoshan Intelligent Manufacturing Venture Capital Partnership Enterprise (Limited Partnership) and others for CNY 32.8 million on January 17, 2025. A cash consideration of CNY 32.8 million will be paid by Anhui Higasket Plastics Co.,Ltd. As part of consideration, CNY 32.8 million is paid towards common equity of Anhui Xirui Technology Co., Ltd. Upon completion, Anhui Higasket Plastics Co.,Ltd. will own 87.51% stake in Anhui Xirui Technology Co., Ltd. As of September 30, 2024, Anhui Xirui Technology Co., Ltd. reported total assets of CNY 103.03 million and total common equity of CNY 58.34 million. Upon completion, Anhui Higasket Plastics Co.,Ltd. will own 93.75% stake in Anhui Xirui Technology Co., Ltd. The transaction is subject to approval of offer by acquirer board. The deal has been approved by the board.お知らせ • Dec 27Anhui Higasket Plastics Co.,Ltd. to Report Fiscal Year 2024 Results on Apr 25, 2025Anhui Higasket Plastics Co.,Ltd. announced that they will report fiscal year 2024 results on Apr 25, 2025Reported Earnings • Oct 31Third quarter 2024 earnings released: EPS: CN¥0.40 (vs CN¥0.42 in 3Q 2023)Third quarter 2024 results: EPS: CN¥0.40 (down from CN¥0.42 in 3Q 2023). Revenue: CN¥808.5m (up 26% from 3Q 2023). Net income: CN¥33.6m (down 4.1% from 3Q 2023). Profit margin: 4.2% (down from 5.4% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Chemicals industry in China.お知らせ • Sep 30Anhui Higasket Plastics Co.,Ltd. to Report Q3, 2024 Results on Oct 30, 2024Anhui Higasket Plastics 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 19%After last week's 19% share price gain to CN¥27.34, the stock trades at a trailing P/E ratio of 15.9x. Average trailing P/E is 30x in the Chemicals industry in China. Total loss to shareholders of 1.6% over the past year.お知らせ • Jul 29Anhui Higasket Plastics Co.,Ltd. (SHSE:603150) agreed to acquire 17.24% stake in Guotaiyang Technology Co., Ltd. from New Torch Technology Co., Ltd. for CNY 50 million.Anhui Higasket Plastics Co.,Ltd. (SHSE:603150) agreed to acquire 17.24% stake in Guotaiyang Technology Co., Ltd. from New Torch Technology Co., Ltd. for CNY 50 million on July 26, 2024. A cash consideration of CNY 50 million will be paid by Anhui Higasket Plastics Co.,Ltd. As part of consideration, CNY 50 million is paid towards common equity of Guotaiyang Technology Co., Ltd. As of May 31, 2024, Guotaiyang Technology Co., Ltd. reported total assets of CNY 227.03 million and total common equity of CNY 125.13 million. The transaction is subject to approval of offer by shareholders of Anhui Higasket Plastics Co.,Ltd, consummation of due diligence investigation. The deal has been approved by the board of directors of Anhui Higasket Plastics Co.,Ltd.お知らせ • Jun 29Anhui Higasket Plastics Co.,Ltd. to Report First Half, 2024 Results on Aug 23, 2024Anhui Higasket Plastics Co.,Ltd. announced that they will report first half, 2024 results on Aug 23, 2024New Risk • May 04New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 9.1% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (9.1% operating cash flow to total debt). High level of non-cash earnings (24% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (4.9% net profit margin).分析記事 • May 01Weak Statutory Earnings May Not Tell The Whole Story For Anhui Higasket PlasticsLtd (SHSE:603150)The subdued market reaction suggests that Anhui Higasket Plastics Co.,Ltd.'s ( SHSE:603150 ) recent earnings didn't...Reported Earnings • Apr 28Full year 2023 earnings released: EPS: CN¥1.63 (vs CN¥1.84 in FY 2022)Full year 2023 results: EPS: CN¥1.63 (down from CN¥1.84 in FY 2022). Revenue: CN¥2.56b (up 50% from FY 2022). Net income: CN¥135.5m (down 9.2% from FY 2022). Profit margin: 5.3% (down from 8.7% in FY 2022). The decrease in margin was driven by higher expenses.お知らせ • Apr 26Anhui Higasket Plastics Co.,Ltd., Annual General Meeting, May 15, 2024Anhui Higasket Plastics Co.,Ltd., Annual General Meeting, May 15, 2024, at 14:30 China Standard Time. Location: No. 678, Tangkou Road, Economic and Technological Development Zone, Hefei, Anhui Chinaお知らせ • Mar 30Anhui Higasket Plastics Co.,Ltd. to Report Q1, 2024 Results on Apr 30, 2024Anhui Higasket Plastics Co.,Ltd. announced that they will report Q1, 2024 results on Apr 30, 2024Valuation Update With 7 Day Price Move • Feb 02Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to CN¥23.39, the stock trades at a trailing P/E ratio of 14.3x. Average trailing P/E is 28x in the Chemicals industry in China. Total loss to shareholders of 16% over the past year.お知らせ • Dec 29Anhui Higasket Plastics Co.,Ltd. to Report Fiscal Year 2023 Results on Apr 25, 2024Anhui Higasket Plastics Co.,Ltd. announced that they will report fiscal year 2023 results on Apr 25, 2024Reported Earnings • Nov 02Third quarter 2023 earnings released: EPS: CN¥0.42 (vs CN¥0.51 in 3Q 2022)Third quarter 2023 results: EPS: CN¥0.42 (down from CN¥0.51 in 3Q 2022). Revenue: CN¥644.3m (up 53% from 3Q 2022). Net income: CN¥35.0m (down 14% from 3Q 2022). Profit margin: 5.4% (down from 9.6% in 3Q 2022). The decrease in margin was driven by higher expenses.Reported Earnings • Aug 30Second quarter 2023 earnings released: EPS: CN¥0.45 (vs CN¥0.45 in 2Q 2022)Second quarter 2023 results: EPS: CN¥0.45 (down from CN¥0.45 in 2Q 2022). Revenue: CN¥620.0m (up 45% from 2Q 2022). Net income: CN¥37.2m (down 1.3% from 2Q 2022). Profit margin: 6.0% (down from 8.8% in 2Q 2022). The decrease in margin was driven by higher expenses.お知らせ • Aug 26Anhui Higasket Plastics Co.,Ltd. (SHSE:603150) announces an Equity Buyback for CNY 52 million worth of its shares.Anhui Higasket Plastics Co.,Ltd. (SHSE:603150) announces a share repurchase program. Under the program, the company will repurchase not more than CNY 52 million worth of its shares. The shares will be repurchased at a price not more than CNY 40.87 per share. The shares repurchased will be used for ESOP and/or equity incentives. The program will be valid for not more than 12 months.お知らせ • Jun 28Anhui Higasket Plastics Co.,Ltd. to Report First Half, 2023 Results on Aug 29, 2023Anhui Higasket Plastics Co.,Ltd. announced that they will report first half, 2023 results on Aug 29, 2023Reported Earnings • Apr 11Full year 2022 earnings released: EPS: CN¥1.82 (vs CN¥2.25 in FY 2021)Full year 2022 results: EPS: CN¥1.82. Revenue: CN¥1.71b (up 16% from FY 2021). Net income: CN¥149.3m (up 6.7% from FY 2021). Profit margin: 8.7% (in line with FY 2021).お知らせ • Feb 11Anhui Higasket Plastics Co.,Ltd. (SHSE:603150) announces an Equity Buyback for CNY 72 million worth of its shares.Anhui Higasket Plastics Co.,Ltd. (SHSE:603150) announces a share repurchase program. Under the program, the company will repurchase not more than CNY 72 million worth of its shares. The shares will be repurchased at a price not more than CNY 41.06 per share. The shares repurchased will be used for ESOP. The program will be valid for not more than 12 months.Board Change • Nov 16Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 11 experienced directors. No highly experienced directors. 3 independent directors (6 non-independent directors). Director Shiliang Mei was the last director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Reported Earnings • Oct 30Third quarter 2022 earnings releasedThird quarter 2022 results: EPS: CN¥0.51. Net income: CN¥40.5m (up CN¥40.5m from 3Q 2021).Reported Earnings • Aug 24Second quarter 2022 earnings releasedSecond quarter 2022 results: EPS: CN¥0.45. Net income: CN¥37.7m (up CN¥37.7m from 2Q 2021).Reported Earnings • May 02First quarter 2022 earnings releasedFirst quarter 2022 results: EPS: CN¥0.47. Revenue: CN¥358.7m (flat on 1Q 2021). Net income: CN¥35.4m (up CN¥35.4m from 1Q 2021). Profit margin: 9.9% (up from null in 1Q 2021).Reported Earnings • Apr 19Full year 2021 earnings released: EPS: CN¥2.25 (vs CN¥2.13 in FY 2020)Full year 2021 results: EPS: CN¥2.25 (up from CN¥2.13 in FY 2020). Revenue: CN¥1.48b (up 22% from FY 2020). Net income: CN¥139.8m (up 5.3% from FY 2020). Profit margin: 9.5% (down from 11% in FY 2020). The decrease in margin was driven by higher expenses.株主還元603150CN ChemicalsCN 市場7D-3.3%4.2%1.0%1Y133.8%71.0%32.3%株主還元を見る業界別リターン: 603150過去 1 年間で71 % の収益を上げたCN Chemicals業界を上回りました。リターン対市場: 603150過去 1 年間で32.3 % の収益を上げたCN市場を上回りました。価格変動Is 603150's price volatile compared to industry and market?603150 volatility603150 Average Weekly Movement7.5%Chemicals Industry Average Movement7.0%Market Average Movement6.6%10% most volatile stocks in CN Market10.6%10% least volatile stocks in CN Market4.0%安定した株価: 603150 、 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: 603150の 週次ボラティリティ ( 7% ) 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199910,931Heguo Wanen.higasket.com安徽東篭塑料有限公司は中国で冷蔵庫のドアシールを製造・販売している。同社はブリスター、射出成形、コンポーネント部品を提供している。Anhui Higasket Plastics Co,Ltd.は1999年に設立され、中国合肥市に拠点を置く。もっと見るHiga Co.,Ltd. 基礎のまとめHigaLtd の収益と売上を時価総額と比較するとどうか。603150 基礎統計学時価総額CN¥6.51b収益（TTM）CN¥100.61m売上高(TTM)CN¥5.24b64.7xPER（株価収益率1.2xP/Sレシオ603150 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603150 損益計算書（TTM）収益CN¥5.24b売上原価CN¥4.40b売上総利益CN¥841.66mその他の費用CN¥741.05m収益CN¥100.61m直近の収益報告Mar 31, 2026次回決算日該当なし一株当たり利益（EPS）1.18グロス・マージン16.07%純利益率1.92%有利子負債／自己資本比率103.8%603150 の長期的なパフォーマンスは？過去の実績と比較を見る配当金0.5%現在の配当利回り28%配当性向View Valuation企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/06/26 00:24終値2026/06/26 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、レポートの使い方に関する ガイド や YouTube の チュートリアル もご用意しています。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Higa 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。3 アナリスト機関Ziyi ChenHaitong International Research LimitedXiaoya SunTianfeng Securities Brokerage Co., LtdSheng FengZhongtai Securities Co. Ltd.
Valuation Update With 7 Day Price Move • Jun 09Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CN¥74.58, the stock trades at a trailing P/E ratio of 63.4x. Average trailing P/E is 45x in the Chemicals industry in China. Total returns to shareholders of 190% over the past three years.
New Risk • May 19New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 22% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (4.3% operating cash flow to total debt). Dividend is not well covered by earnings and cash flows. Payout ratio: 276% Paying a dividend despite having no free cash flows. Earnings have declined by 4.1% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (8.3% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.9% net profit margin).
Valuation Update With 7 Day Price Move • May 11Investor sentiment improves as stock rises 21%After last week's 21% share price gain to CN¥73.48, the stock trades at a trailing P/E ratio of 62.4x. Average trailing P/E is 51x in the Chemicals industry in China. Total returns to shareholders of 186% over the past three years.
New Risk • May 05New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 4.9% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (4.9% operating cash flow to total debt). Earnings have declined by 4.1% per year over the past 5 years. Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (8.7% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.9% net profit margin).
Reported Earnings • Apr 23Full year 2025 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2025 results: EPS: CN¥1.33 (down from CN¥1.67 in FY 2024). Revenue: CN¥4.12b (up 22% from FY 2024). Net income: CN¥111.3m (down 20% from FY 2024). Profit margin: 2.7% (down from 4.1% in FY 2024). Revenue exceeded analyst estimates by 4.2%. Earnings per share (EPS) missed analyst estimates by 19%. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 32% per year, which means it is well ahead of earnings.
お知らせ • Apr 22Anhui Higasket Plastics Co.,Ltd. announced that it expects to receive CNY 300 million in fundingAnhui Higasket Plastics Co.,Ltd. announced private placement to issue A shares for gross proceeds of CNY 300,000,000 or less on April 21, 2026. The transaction includes participation from not more than 35 investors who meet the regulations of the regulatory authorities, including securities investment fund management companies, securities companies, trust companies, finance companies, insurance institutional investors, qualified foreign institutional investors, Renminbi qualified foreign institutional investors, and other legal persons, natural persons, or other legitimate investment organizations that comply with the requirements of the China Securities Regulatory Commission. The issue volume is not exceeding 20% of the net assets at the end of the most recent year, of A shares with a nominal value of CNY 1.00 per share. The number of shares to be issued will be determined by dividing the total raised funds by the issue price, and will not exceed 30% of the company's total share capital before the issuance. The pricing benchmark date for this stock issuance is the first day of the issuance period. The issue price shall not be lower than 80% of the average stock price of the company over the 20 trading days prior to the pricing benchmark date (calculation formula: average stock trading price over the 20 trading days prior to the pricing benchmark date = total stock trading amount over the 20 trading days prior to the pricing benchmark date / total stock trading volume over the 20 trading days prior to the pricing benchmark date). A shares issued to specific investors may not be transferred within 6 months from the end of the issuance. The transaction is approved by board of directors of the company in its fourth board of directors in the its fourth meeting
Valuation Update With 7 Day Price Move • Jun 09Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CN¥74.58, the stock trades at a trailing P/E ratio of 63.4x. Average trailing P/E is 45x in the Chemicals industry in China. Total returns to shareholders of 190% over the past three years.
New Risk • May 19New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 22% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (4.3% operating cash flow to total debt). Dividend is not well covered by earnings and cash flows. Payout ratio: 276% Paying a dividend despite having no free cash flows. Earnings have declined by 4.1% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (8.3% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.9% net profit margin).
Valuation Update With 7 Day Price Move • May 11Investor sentiment improves as stock rises 21%After last week's 21% share price gain to CN¥73.48, the stock trades at a trailing P/E ratio of 62.4x. Average trailing P/E is 51x in the Chemicals industry in China. Total returns to shareholders of 186% over the past three years.
New Risk • May 05New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 4.9% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (4.9% operating cash flow to total debt). Earnings have declined by 4.1% per year over the past 5 years. Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (8.7% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.9% net profit margin).
Reported Earnings • Apr 23Full year 2025 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2025 results: EPS: CN¥1.33 (down from CN¥1.67 in FY 2024). Revenue: CN¥4.12b (up 22% from FY 2024). Net income: CN¥111.3m (down 20% from FY 2024). Profit margin: 2.7% (down from 4.1% in FY 2024). Revenue exceeded analyst estimates by 4.2%. Earnings per share (EPS) missed analyst estimates by 19%. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 32% per year, which means it is well ahead of earnings.
お知らせ • Apr 22Anhui Higasket Plastics Co.,Ltd. announced that it expects to receive CNY 300 million in fundingAnhui Higasket Plastics Co.,Ltd. announced private placement to issue A shares for gross proceeds of CNY 300,000,000 or less on April 21, 2026. The transaction includes participation from not more than 35 investors who meet the regulations of the regulatory authorities, including securities investment fund management companies, securities companies, trust companies, finance companies, insurance institutional investors, qualified foreign institutional investors, Renminbi qualified foreign institutional investors, and other legal persons, natural persons, or other legitimate investment organizations that comply with the requirements of the China Securities Regulatory Commission. The issue volume is not exceeding 20% of the net assets at the end of the most recent year, of A shares with a nominal value of CNY 1.00 per share. The number of shares to be issued will be determined by dividing the total raised funds by the issue price, and will not exceed 30% of the company's total share capital before the issuance. The pricing benchmark date for this stock issuance is the first day of the issuance period. The issue price shall not be lower than 80% of the average stock price of the company over the 20 trading days prior to the pricing benchmark date (calculation formula: average stock trading price over the 20 trading days prior to the pricing benchmark date = total stock trading amount over the 20 trading days prior to the pricing benchmark date / total stock trading volume over the 20 trading days prior to the pricing benchmark date). A shares issued to specific investors may not be transferred within 6 months from the end of the issuance. The transaction is approved by board of directors of the company in its fourth board of directors in the its fourth meeting
New Risk • Apr 22New major risk - Revenue and earnings growthEarnings have declined by 0.8% 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 Debt is not well covered by operating cash flow (4.3% operating cash flow to total debt). Earnings have declined by 0.8% per year over the past 5 years. Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (8.8% average weekly change).
お知らせ • Apr 22Anhui Higasket Plastics Co.,Ltd., Annual General Meeting, May 13, 2026Anhui Higasket Plastics Co.,Ltd., Annual General Meeting, May 13, 2026, at 14:00 China Standard Time. Location: No. 678, Tangkou Road, Economic and Technological Development Zone, Hefei, Anhui China
お知らせ • Mar 30Anhui Higasket Plastics Co.,Ltd. to Report Q1, 2026 Results on Apr 29, 2026Anhui Higasket Plastics Co.,Ltd. announced that they will report Q1, 2026 results on Apr 29, 2026
New Risk • Mar 23New 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 8.4% 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 Risk Debt is not well covered by operating cash flow (4.3% operating cash flow to total debt). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (8.4% average weekly change).
Valuation Update With 7 Day Price Move • Mar 23Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to CN¥46.61, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 23x in the Chemicals industry in China. Total returns to shareholders of 64% over the past three years.
Valuation Update With 7 Day Price Move • Feb 04Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CN¥48.56, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 26x in the Chemicals industry in China. Total returns to shareholders of 76% over the past three years.
お知らせ • Dec 26Anhui Higasket Plastics Co.,Ltd. to Report Fiscal Year 2025 Results on Apr 22, 2026Anhui Higasket Plastics Co.,Ltd. announced that they will report fiscal year 2025 results on Apr 22, 2026
Reported Earnings • Oct 30Third quarter 2025 earnings released: EPS: CN¥0.31 (vs CN¥0.40 in 3Q 2024)Third quarter 2025 results: EPS: CN¥0.31 (down from CN¥0.40 in 3Q 2024). Revenue: CN¥1.00b (up 24% from 3Q 2024). Net income: CN¥26.0m (down 23% from 3Q 2024). Profit margin: 2.6% (down from 4.2% in 3Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Chemicals industry in China. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings.
お知らせ • Sep 30Anhui Higasket Plastics Co.,Ltd. to Report Q3, 2025 Results on Oct 30, 2025Anhui Higasket Plastics Co.,Ltd. announced that they will report Q3, 2025 results on Oct 30, 2025
New Risk • Sep 08New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 18% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. This is currently the only risk that has been identified for the company.
Valuation Update With 7 Day Price Move • Aug 05Investor sentiment improves as stock rises 18%After last week's 18% share price gain to CN¥38.93, the stock trades at a trailing P/E ratio of 23.4x. Average trailing P/E is 41x in the Chemicals industry in China. Total returns to shareholders of 30% over the past three years.
New Risk • Aug 04New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 6.8% 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 Risk Debt is not well covered by operating cash flow (17% operating cash flow to total debt). Minor Risk Share price has been volatile over the past 3 months (6.8% average weekly change).
お知らせ • Jun 30Anhui Higasket Plastics Co.,Ltd. to Report First Half, 2025 Results on Aug 28, 2025Anhui Higasket Plastics Co.,Ltd. announced that they will report first half, 2025 results on Aug 28, 2025
Valuation Update With 7 Day Price Move • May 22Investor sentiment improves as stock rises 15%After last week's 15% share price gain to CN¥35.83, the stock trades at a trailing P/E ratio of 21.6x. Average trailing P/E is 37x in the Chemicals industry in China. Total returns to shareholders of 33% over the past three years.
Reported Earnings • May 03First quarter 2025 earnings released: EPS: CN¥0.44 (vs CN¥0.41 in 1Q 2024)First quarter 2025 results: EPS: CN¥0.44 (up from CN¥0.41 in 1Q 2024). Revenue: CN¥909.0m (up 24% from 1Q 2024). Net income: CN¥37.6m (up 8.9% from 1Q 2024). Profit margin: 4.1% (down from 4.7% in 1Q 2024). 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 increased by 4% per year, which means it is well ahead of earnings.
New Risk • May 01New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 5.9% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. This is currently the only risk that has been identified for the company.
お知らせ • Apr 25Anhui Higasket Plastics Co.,Ltd., Annual General Meeting, May 15, 2025Anhui Higasket Plastics Co.,Ltd., Annual General Meeting, May 15, 2025, at 14:00 China Standard Time. Location: No. 678, Tangkou Road, Economic and Technological Development Zone, Hefei, Anhui China
Valuation Update With 7 Day Price Move • Apr 08Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to CN¥27.15, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 19x in the Chemicals industry in China. Total loss to shareholders of 2.0% over the past three years.
New Risk • Apr 07New 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 8.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks High level of debt (44% net debt to equity). Share price has been volatile over the past 3 months (8.0% average weekly change).
お知らせ • Mar 28Anhui Higasket Plastics Co.,Ltd. to Report Q1, 2025 Results on Apr 29, 2025Anhui Higasket Plastics Co.,Ltd. announced that they will report Q1, 2025 results on Apr 29, 2025
Valuation Update With 7 Day Price Move • Feb 25Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CN¥39.06, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 21x in the Chemicals industry in China. Total returns to shareholders of 17% over the past three years.
分析記事 • Feb 12Improved Earnings Required Before Anhui Higasket Plastics Co.,Ltd. (SHSE:603150) Stock's 27% Jump Looks JustifiedAnhui Higasket Plastics Co.,Ltd. ( SHSE:603150 ) shareholders would be excited to see that the share price has had a...
Valuation Update With 7 Day Price Move • Feb 07Investor sentiment improves as stock rises 20%After last week's 20% share price gain to CN¥32.34, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 19x in the Chemicals industry in China. Total loss to shareholders of 17% over the past three years.
お知らせ • Jan 20Anhui Higasket Plastics Co.,Ltd. (SHSE:603150) agreed to acquire an additional 37.51% stake in Anhui Xirui Technology Co., Ltd. from Huoshan Intelligent Manufacturing Venture Capital Partnership Enterprise (Limited Partnership) and others for CNY 32.8 million.Anhui Higasket Plastics Co.,Ltd. (SHSE:603150) agreed to acquire an additional 37.51% stake in Anhui Xirui Technology Co., Ltd. from Huoshan Intelligent Manufacturing Venture Capital Partnership Enterprise (Limited Partnership) and others for CNY 32.8 million on January 17, 2025. A cash consideration of CNY 32.8 million will be paid by Anhui Higasket Plastics Co.,Ltd. As part of consideration, CNY 32.8 million is paid towards common equity of Anhui Xirui Technology Co., Ltd. Upon completion, Anhui Higasket Plastics Co.,Ltd. will own 87.51% stake in Anhui Xirui Technology Co., Ltd. As of September 30, 2024, Anhui Xirui Technology Co., Ltd. reported total assets of CNY 103.03 million and total common equity of CNY 58.34 million. Upon completion, Anhui Higasket Plastics Co.,Ltd. will own 93.75% stake in Anhui Xirui Technology Co., Ltd. The transaction is subject to approval of offer by acquirer board. The deal has been approved by the board.
お知らせ • Dec 27Anhui Higasket Plastics Co.,Ltd. to Report Fiscal Year 2024 Results on Apr 25, 2025Anhui Higasket Plastics Co.,Ltd. announced that they will report fiscal year 2024 results on Apr 25, 2025
Reported Earnings • Oct 31Third quarter 2024 earnings released: EPS: CN¥0.40 (vs CN¥0.42 in 3Q 2023)Third quarter 2024 results: EPS: CN¥0.40 (down from CN¥0.42 in 3Q 2023). Revenue: CN¥808.5m (up 26% from 3Q 2023). Net income: CN¥33.6m (down 4.1% from 3Q 2023). Profit margin: 4.2% (down from 5.4% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Chemicals industry in China.
お知らせ • Sep 30Anhui Higasket Plastics Co.,Ltd. to Report Q3, 2024 Results on Oct 30, 2024Anhui Higasket Plastics 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 19%After last week's 19% share price gain to CN¥27.34, the stock trades at a trailing P/E ratio of 15.9x. Average trailing P/E is 30x in the Chemicals industry in China. Total loss to shareholders of 1.6% over the past year.
お知らせ • Jul 29Anhui Higasket Plastics Co.,Ltd. (SHSE:603150) agreed to acquire 17.24% stake in Guotaiyang Technology Co., Ltd. from New Torch Technology Co., Ltd. for CNY 50 million.Anhui Higasket Plastics Co.,Ltd. (SHSE:603150) agreed to acquire 17.24% stake in Guotaiyang Technology Co., Ltd. from New Torch Technology Co., Ltd. for CNY 50 million on July 26, 2024. A cash consideration of CNY 50 million will be paid by Anhui Higasket Plastics Co.,Ltd. As part of consideration, CNY 50 million is paid towards common equity of Guotaiyang Technology Co., Ltd. As of May 31, 2024, Guotaiyang Technology Co., Ltd. reported total assets of CNY 227.03 million and total common equity of CNY 125.13 million. The transaction is subject to approval of offer by shareholders of Anhui Higasket Plastics Co.,Ltd, consummation of due diligence investigation. The deal has been approved by the board of directors of Anhui Higasket Plastics Co.,Ltd.
お知らせ • Jun 29Anhui Higasket Plastics Co.,Ltd. to Report First Half, 2024 Results on Aug 23, 2024Anhui Higasket Plastics Co.,Ltd. announced that they will report first half, 2024 results on Aug 23, 2024
New Risk • May 04New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 9.1% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (9.1% operating cash flow to total debt). High level of non-cash earnings (24% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (4.9% net profit margin).
分析記事 • May 01Weak Statutory Earnings May Not Tell The Whole Story For Anhui Higasket PlasticsLtd (SHSE:603150)The subdued market reaction suggests that Anhui Higasket Plastics Co.,Ltd.'s ( SHSE:603150 ) recent earnings didn't...
Reported Earnings • Apr 28Full year 2023 earnings released: EPS: CN¥1.63 (vs CN¥1.84 in FY 2022)Full year 2023 results: EPS: CN¥1.63 (down from CN¥1.84 in FY 2022). Revenue: CN¥2.56b (up 50% from FY 2022). Net income: CN¥135.5m (down 9.2% from FY 2022). Profit margin: 5.3% (down from 8.7% in FY 2022). The decrease in margin was driven by higher expenses.
お知らせ • Apr 26Anhui Higasket Plastics Co.,Ltd., Annual General Meeting, May 15, 2024Anhui Higasket Plastics Co.,Ltd., Annual General Meeting, May 15, 2024, at 14:30 China Standard Time. Location: No. 678, Tangkou Road, Economic and Technological Development Zone, Hefei, Anhui China
お知らせ • Mar 30Anhui Higasket Plastics Co.,Ltd. to Report Q1, 2024 Results on Apr 30, 2024Anhui Higasket Plastics Co.,Ltd. announced that they will report Q1, 2024 results on Apr 30, 2024
Valuation Update With 7 Day Price Move • Feb 02Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to CN¥23.39, the stock trades at a trailing P/E ratio of 14.3x. Average trailing P/E is 28x in the Chemicals industry in China. Total loss to shareholders of 16% over the past year.
お知らせ • Dec 29Anhui Higasket Plastics Co.,Ltd. to Report Fiscal Year 2023 Results on Apr 25, 2024Anhui Higasket Plastics Co.,Ltd. announced that they will report fiscal year 2023 results on Apr 25, 2024
Reported Earnings • Nov 02Third quarter 2023 earnings released: EPS: CN¥0.42 (vs CN¥0.51 in 3Q 2022)Third quarter 2023 results: EPS: CN¥0.42 (down from CN¥0.51 in 3Q 2022). Revenue: CN¥644.3m (up 53% from 3Q 2022). Net income: CN¥35.0m (down 14% from 3Q 2022). Profit margin: 5.4% (down from 9.6% in 3Q 2022). The decrease in margin was driven by higher expenses.
Reported Earnings • Aug 30Second quarter 2023 earnings released: EPS: CN¥0.45 (vs CN¥0.45 in 2Q 2022)Second quarter 2023 results: EPS: CN¥0.45 (down from CN¥0.45 in 2Q 2022). Revenue: CN¥620.0m (up 45% from 2Q 2022). Net income: CN¥37.2m (down 1.3% from 2Q 2022). Profit margin: 6.0% (down from 8.8% in 2Q 2022). The decrease in margin was driven by higher expenses.
お知らせ • Aug 26Anhui Higasket Plastics Co.,Ltd. (SHSE:603150) announces an Equity Buyback for CNY 52 million worth of its shares.Anhui Higasket Plastics Co.,Ltd. (SHSE:603150) announces a share repurchase program. Under the program, the company will repurchase not more than CNY 52 million worth of its shares. The shares will be repurchased at a price not more than CNY 40.87 per share. The shares repurchased will be used for ESOP and/or equity incentives. The program will be valid for not more than 12 months.
お知らせ • Jun 28Anhui Higasket Plastics Co.,Ltd. to Report First Half, 2023 Results on Aug 29, 2023Anhui Higasket Plastics Co.,Ltd. announced that they will report first half, 2023 results on Aug 29, 2023
Reported Earnings • Apr 11Full year 2022 earnings released: EPS: CN¥1.82 (vs CN¥2.25 in FY 2021)Full year 2022 results: EPS: CN¥1.82. Revenue: CN¥1.71b (up 16% from FY 2021). Net income: CN¥149.3m (up 6.7% from FY 2021). Profit margin: 8.7% (in line with FY 2021).
お知らせ • Feb 11Anhui Higasket Plastics Co.,Ltd. (SHSE:603150) announces an Equity Buyback for CNY 72 million worth of its shares.Anhui Higasket Plastics Co.,Ltd. (SHSE:603150) announces a share repurchase program. Under the program, the company will repurchase not more than CNY 72 million worth of its shares. The shares will be repurchased at a price not more than CNY 41.06 per share. The shares repurchased will be used for ESOP. The program will be valid for not more than 12 months.
Board Change • Nov 16Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 11 experienced directors. No highly experienced directors. 3 independent directors (6 non-independent directors). Director Shiliang Mei was the last director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Reported Earnings • Oct 30Third quarter 2022 earnings releasedThird quarter 2022 results: EPS: CN¥0.51. Net income: CN¥40.5m (up CN¥40.5m from 3Q 2021).
Reported Earnings • Aug 24Second quarter 2022 earnings releasedSecond quarter 2022 results: EPS: CN¥0.45. Net income: CN¥37.7m (up CN¥37.7m from 2Q 2021).
Reported Earnings • May 02First quarter 2022 earnings releasedFirst quarter 2022 results: EPS: CN¥0.47. Revenue: CN¥358.7m (flat on 1Q 2021). Net income: CN¥35.4m (up CN¥35.4m from 1Q 2021). Profit margin: 9.9% (up from null in 1Q 2021).
Reported Earnings • Apr 19Full year 2021 earnings released: EPS: CN¥2.25 (vs CN¥2.13 in FY 2020)Full year 2021 results: EPS: CN¥2.25 (up from CN¥2.13 in FY 2020). Revenue: CN¥1.48b (up 22% from FY 2020). Net income: CN¥139.8m (up 5.3% from FY 2020). Profit margin: 9.5% (down from 11% in FY 2020). The decrease in margin was driven by higher expenses.
