Shandong Daye（603278）株式概要山東大悦有限公司は、中国でビードワイヤ、スチールコード、ホース鋼線の研究開発、製造、販売を行っている。 詳細603278 ファンダメンタル分析スノーフレーク・スコア評価2/6将来の成長0/6過去の実績0/6財務の健全性1/6配当金0/6リスク分析利払いは収益で十分にカバーされない 過去5年間で収益は年間41.6%減少しました。 すべてのリスクチェックを見る603278 Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.NEW466,960 membersJoin community and earn perksGain real feedbackFrom our editorial team, personally. Not silence.Grow your followingReal investors. The kind who actually invest, not scroll past.Unlock free accessFree premium subscription for consistent and quality authors.Learn moreCreate NarrativeBLINRODA466,960 investors already sharing narrativesYour Fair ValueCN¥Current PriceCN¥9.0659.3% 割安 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture-172m6b2016201920222025202620282031Revenue CN¥5.6bEarnings CN¥808.4mAdvancedSet Fair ValueView all narrativesShandong Daye Co., Ltd. 競合他社Shandong Liancheng Precision ManufacturingSymbol: SZSE:002921Market cap: CN¥3.2bXinJiang Ba Yi Iron & SteelLtdSymbol: SHSE:600581Market cap: CN¥3.5bZhejiang Huada New MaterialsSymbol: SHSE:605158Market cap: CN¥3.8bZhangjiagang Zhonghuan Hailu High-End EquipmentSymbol: SZSE:301040Market cap: CN¥2.7b価格と性能株価の高値、安値、推移の概要Shandong Daye過去の株価現在の株価CN¥9.0652週高値CN¥18.2552週安値CN¥7.38ベータ0.641ヶ月の変化6.97%3ヶ月変化-36.11%1年変化-15.33%3年間の変化-17.18%5年間の変化-10.47%IPOからの変化-42.48%最新ニュースお知らせ • Jun 30Shandong Daye Co., Ltd. to Report First Half, 2026 Results on Aug 25, 2026Shandong Daye Co., Ltd. announced that they will report first half, 2026 results on Aug 25, 2026New Risk • Jun 11New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Chinese stocks, typically moving 10% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.0x net interest cover). Share price has been highly volatile over the past 3 months (10% average weekly change). Earnings have declined by 42% per year over the past 5 years.New Risk • May 08New 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 8.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.1x net interest cover). Earnings have declined by 42% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (8.1% average weekly change).Reported Earnings • Apr 24Full year 2025 earnings released: CN¥0.04 loss per share (vs CN¥0.50 loss in FY 2024)Full year 2025 results: CN¥0.04 loss per share (improved from CN¥0.50 loss in FY 2024). Revenue: CN¥5.03b (down 1.4% from FY 2024). Net loss: CN¥13.5m (loss narrowed 92% from FY 2024). Over the last 3 years on average, earnings per share has increased by 19% per year whereas the company’s share price has increased by 17% per year.お知らせ • Apr 23Shandong Daye Co., Ltd., Annual General Meeting, May 18, 2026Shandong Daye Co., Ltd., Annual General Meeting, May 18, 2026, at 14:30 China Standard Time. Location: The Company's Meeting Room, Zhucheng, Shandong Chinaお知らせ • Mar 30Shandong Daye Co., Ltd. to Report Q1, 2026 Results on Apr 30, 2026Shandong Daye Co., Ltd. announced that they will report Q1, 2026 results on Apr 30, 2026最新情報をもっと見るRecent updatesお知らせ • Jun 30Shandong Daye Co., Ltd. to Report First Half, 2026 Results on Aug 25, 2026Shandong Daye Co., Ltd. announced that they will report first half, 2026 results on Aug 25, 2026New Risk • Jun 11New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Chinese stocks, typically moving 10% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.0x net interest cover). Share price has been highly volatile over the past 3 months (10% average weekly change). Earnings have declined by 42% per year over the past 5 years.New Risk • May 08New 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 8.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.1x net interest cover). Earnings have declined by 42% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (8.1% average weekly change).Reported Earnings • Apr 24Full year 2025 earnings released: CN¥0.04 loss per share (vs CN¥0.50 loss in FY 2024)Full year 2025 results: CN¥0.04 loss per share (improved from CN¥0.50 loss in FY 2024). Revenue: CN¥5.03b (down 1.4% from FY 2024). Net loss: CN¥13.5m (loss narrowed 92% from FY 2024). Over the last 3 years on average, earnings per share has increased by 19% per year whereas the company’s share price has increased by 17% per year.お知らせ • Apr 23Shandong Daye Co., Ltd., Annual General Meeting, May 18, 2026Shandong Daye Co., Ltd., Annual General Meeting, May 18, 2026, at 14:30 China Standard Time. Location: The Company's Meeting Room, Zhucheng, Shandong Chinaお知らせ • Mar 30Shandong Daye Co., Ltd. to Report Q1, 2026 Results on Apr 30, 2026Shandong Daye Co., Ltd. announced that they will report Q1, 2026 results on Apr 30, 2026お知らせ • Dec 26Shandong Daye Co., Ltd. to Report Fiscal Year 2025 Results on Apr 23, 2026Shandong Daye Co., Ltd. announced that they will report fiscal year 2025 results on Apr 23, 2026New Risk • Dec 24New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 7.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (0.3x net interest cover). Earnings have declined by 47% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (7.1% average weekly change).Reported Earnings • Oct 30Third quarter 2025 earnings released: CN¥0.064 loss per share (vs CN¥0.27 loss in 3Q 2024)Third quarter 2025 results: CN¥0.064 loss per share (improved from CN¥0.27 loss in 3Q 2024). Revenue: CN¥1.26b (up 4.0% from 3Q 2024). Net loss: CN¥19.0m (loss narrowed 77% from 3Q 2024). Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth.お知らせ • Sep 30Shandong Daye Co., Ltd. to Report Q3, 2025 Results on Oct 31, 2025Shandong Daye Co., Ltd. announced that they will report Q3, 2025 results on Oct 31, 2025Reported Earnings • Aug 21Second quarter 2025 earnings released: EPS: CN¥0.17 (vs CN¥0.09 loss in 2Q 2024)Second quarter 2025 results: EPS: CN¥0.17 (up from CN¥0.09 loss in 2Q 2024). Revenue: CN¥1.31b (down 5.8% from 2Q 2024). Net income: CN¥37.5m (up CN¥69.0m from 2Q 2024). Profit margin: 2.9% (up from net loss in 2Q 2024). Over the last 3 years on average, earnings per share has increased by 7% per year whereas the company’s share price has increased by 8% per year.お知らせ • Jun 30Shandong Daye Co., Ltd. to Report First Half, 2025 Results on Aug 19, 2025Shandong Daye Co., Ltd. announced that they will report first half, 2025 results on Aug 19, 2025Reported Earnings • May 03Third quarter 2024 earnings released: CN¥0.27 loss per share (vs CN¥0.092 profit in 3Q 2023)Third quarter 2024 results: CN¥0.27 loss per share (down from CN¥0.092 profit in 3Q 2023). Revenue: CN¥1.21b (down 19% from 3Q 2023). Net loss: CN¥83.1m (down 396% from profit in 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 40% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings.お知らせ • Apr 29Shandong Daye Co., Ltd., Annual General Meeting, May 28, 2025Shandong Daye Co., Ltd., Annual General Meeting, May 28, 2025, at 14:30 China Standard Time.お知らせ • Mar 28Shandong Daye Co., Ltd. to Report Q1, 2025 Results on Apr 30, 2025Shandong Daye Co., Ltd. announced that they will report Q1, 2025 results on Apr 30, 2025分析記事 • Feb 06Shandong Daye Co., Ltd. (SHSE:603278) Held Back By Insufficient Growth Even After Shares Climb 27%Shandong Daye Co., Ltd. ( SHSE:603278 ) shares have continued their recent momentum with a 27% gain in the last month...お知らせ • Jan 11Shandong Daye Co., Ltd. (SHSE:603278) made an offer to acquire remaining 19.44% stake in Shandong Daye New Materials Co., Ltd. from Weifang Urban Construction and Development Investment Group Co.,Ltd. for CNY 430.62 million.Shandong Daye Co., Ltd. (SHSE:603278) made an offer to acquire remaining 19.44% stake in Shandong Daye New Materials Co., Ltd. from Weifang Urban Construction and Development Investment Group Co.,Ltd. on January 9, 2025. Upon completion, Shandong Daye Co., Ltd. will own 100% stake in Shandong Daye New Materials Co., Ltd. The transaction will be financed through equity investment. As of September 30, 2024, Shandong Daye New Materials Co., Ltd. reported total assets of CNY 3.09 billion. The transaction is subject to approval of offer by acquirer board. The deal has been approved by the board.New Risk • Jan 10New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Chinese stocks, typically moving 12% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (9.7% operating cash flow to total debt). Share price has been highly volatile over the past 3 months (12% average weekly change). Earnings have declined by 40% per year over the past 5 years.お知らせ • Dec 27Shandong Daye Co., Ltd. to Report Fiscal Year 2024 Results on Apr 29, 2025Shandong Daye Co., Ltd. announced that they will report fiscal year 2024 results on Apr 29, 2025New Risk • Dec 09New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 11% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (9.7% operating cash flow to total debt). Earnings have declined by 40% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (11% average weekly change). Shareholders have been diluted in the past year (5.8% increase in shares outstanding).分析記事 • Dec 02There's No Escaping Shandong Daye Co., Ltd.'s (SHSE:603278) Muted Revenues Despite A 25% Share Price RiseDespite an already strong run, Shandong Daye Co., Ltd. ( SHSE:603278 ) shares have been powering on, with a gain of 25...Reported Earnings • Nov 01Third quarter 2024 earnings released: CN¥0.27 loss per share (vs CN¥0.092 profit in 3Q 2023)Third quarter 2024 results: CN¥0.27 loss per share (down from CN¥0.092 profit in 3Q 2023). Revenue: CN¥1.21b (down 19% from 3Q 2023). Net loss: CN¥83.1m (down 396% from profit in 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 40% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings.New Risk • Oct 09New minor risk - Dividend sustainabilityThe dividend is not well covered by earnings. The company is paying a dividend despite being loss-making. Dividend yield: 0.6% This is considered a minor risk. Companies that pay out too much of their earnings are at risk of having to reduce or cut their dividend in future. If earnings growth slows or earnings fall, then there may not be enough earnings to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. However, this risk is mitigated by the fact the dividend is covered by cash flows. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (0.5x net interest cover). Earnings have declined by 39% per year over the past 5 years. Minor Risks Paying a dividend despite being loss-making. Share price has been volatile over the past 3 months (9.4% average weekly change). Shareholders have been diluted in the past year (18% increase in shares outstanding).お知らせ • Sep 30Shandong Daye Co., Ltd. to Report Q3, 2024 Results on Oct 30, 2024Shandong Daye Co., Ltd. announced that they will report Q3, 2024 results on Oct 30, 2024分析記事 • Aug 05Shandong Daye Co., Ltd. (SHSE:603278) Soars 36% But It's A Story Of Risk Vs RewardThose holding Shandong Daye Co., Ltd. ( SHSE:603278 ) shares would be relieved that the share price has rebounded 36...Valuation Update With 7 Day Price Move • Jul 31Investor sentiment improves as stock rises 15%After last week's 15% share price gain to CN¥5.95, the stock trades at a trailing P/E ratio of 29.3x. Average trailing P/E is 24x in the Metals and Mining industry in China. Total loss to shareholders of 35% over the past three years.New Risk • Jul 05New major risk - Revenue and earnings growthEarnings have declined by 39% 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 Interest payments are not well covered by earnings (2.6x net interest cover). Earnings have declined by 39% per year over the past 5 years. Minor Risks Large one-off items impacting financial results. Shareholders have been diluted in the past year (18% increase in shares outstanding).お知らせ • Jun 28Shandong Daye Co., Ltd. to Report First Half, 2024 Results on Aug 22, 2024Shandong Daye Co., Ltd. announced that they will report first half, 2024 results on Aug 22, 2024Valuation Update With 7 Day Price Move • Jun 25Investor sentiment deteriorates as stock falls 21%After last week's 21% share price decline to CN¥6.39, the stock trades at a forward P/E ratio of 5x. Average forward P/E is 14x in the Metals and Mining industry in China. Total loss to shareholders of 23% over the past three years.分析記事 • Jun 07Fewer Investors Than Expected Jumping On Shandong Daye Co., Ltd. (SHSE:603278)When you see that almost half of the companies in the Metals and Mining industry in China have price-to-sales ratios...分析記事 • May 02Shandong Daye (SHSE:603278) Posted Healthy Earnings But There Are Some Other Factors To Be Aware OfLast week's profit announcement from Shandong Daye Co., Ltd. ( SHSE:603278 ) was underwhelming for investors, despite...Reported Earnings • Apr 27Full year 2023 earnings: EPS and revenues miss analyst expectationsFull year 2023 results: EPS: CN¥0.33 (up from CN¥0.88 loss in FY 2022). Revenue: CN¥5.56b (up 6.6% from FY 2022). Net income: CN¥95.9m (up CN¥351.1m from FY 2022). Profit margin: 1.7% (up from net loss in FY 2022). Revenue missed analyst estimates by 8.5%. Earnings per share (EPS) also missed analyst estimates by 45%. Revenue is forecast to grow 12% p.a. on average during the next 2 years, compared to a 9.7% 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 68 percentage points per year, which is a significant difference in performance.お知らせ • Apr 27Shandong Daye Co., Ltd., Annual General Meeting, May 28, 2024Shandong Daye Co., Ltd., Annual General Meeting, May 28, 2024, at 14:30 China Standard Time. Location: The Company's Meeting Room, Zhucheng, Shandong Chinaお知らせ • Mar 30Shandong Daye Co., Ltd. to Report Q1, 2024 Results on Apr 26, 2024Shandong Daye Co., Ltd. announced that they will report Q1, 2024 results on Apr 26, 2024お知らせ • Mar 09Shandong Daye Co., Ltd. (SHSE:603278) announces an Equity Buyback for CNY 40 million worth of its shares.Shandong Daye Co., Ltd. (SHSE:603278) announces a share repurchase program. Under the program, the company will repurchase up to CNY 40 million worth of its shares. The repurchase price will not more than CNY 10 per Share. The repurchased shares will be used for employee stock ownership plan or equity incentives. The repurchases will be funded using company's own funds or self-raised funds. The repurchase period will be not more than 6 months.分析記事 • Mar 07Shandong Daye Co., Ltd. (SHSE:603278) Soars 42% But It's A Story Of Risk Vs RewardThose holding Shandong Daye Co., Ltd. ( SHSE:603278 ) shares would be relieved that the share price has rebounded 42...お知らせ • Dec 29Shandong Daye Co., Ltd. to Report Fiscal Year 2023 Results on Apr 20, 2024Shandong Daye Co., Ltd. announced that they will report fiscal year 2023 results on Apr 20, 2024New Risk • Nov 20New 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 6.4% 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 Interest payments are not well covered by earnings (0.6x net interest cover). Minor Risks Share price has been volatile over the past 3 months (6.4% average weekly change). Large one-off items impacting financial results. Shareholders have been diluted in the past year (3.1% increase in shares outstanding).Reported Earnings • Nov 02Third quarter 2023 earnings released: EPS: CN¥0.092 (vs CN¥0.19 loss in 3Q 2022)Third quarter 2023 results: EPS: CN¥0.092 (up from CN¥0.19 loss in 3Q 2022). Revenue: CN¥1.50b (up 2.7% from 3Q 2022). Net income: CN¥28.1m (up CN¥83.0m from 3Q 2022). Profit margin: 1.9% (up from net loss in 3Q 2022). Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 12% 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 87 percentage points per year, which is a significant difference in performance.Reported Earnings • Aug 09Second quarter 2023 earnings released: EPS: CN¥0.15 (vs CN¥0.038 loss in 2Q 2022)Second quarter 2023 results: EPS: CN¥0.15 (up from CN¥0.038 loss in 2Q 2022). Revenue: CN¥1.41b (up 19% from 2Q 2022). Net income: CN¥43.8m (up CN¥54.7m from 2Q 2022). Profit margin: 3.1% (up from net loss in 2Q 2022). The move to profitability was driven by higher revenue. Revenue is forecast to grow 9.7% p.a. on average 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, the company's share price growth rate has exceeded its earnings growth rate by 92 percentage points per year, which is a significant difference in performance.Reported Earnings • May 04Full year 2022 earnings released: CN¥0.88 loss per share (vs CN¥0.38 profit in FY 2021)Full year 2022 results: CN¥0.88 loss per share (down from CN¥0.38 profit in FY 2021). Revenue: CN¥5.21b (up 26% from FY 2021). Net loss: CN¥255.2m (down 334% from profit in FY 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 77 percentage points per year, which is a significant difference in performance.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 an independent director. The company's board is composed of: 1 new director. 3 experienced directors. 4 highly experienced directors. 3 independent directors (4 non-independent directors). Independent Director Yongmei Zhang was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Reported Earnings • Oct 27Third quarter 2022 earnings released: CN¥0.19 loss per share (vs CN¥0.081 profit in 3Q 2021)Third quarter 2022 results: CN¥0.19 loss per share (down from CN¥0.081 profit in 3Q 2021). Revenue: CN¥1.46b (up 36% from 3Q 2021). Net loss: CN¥54.9m (down 330% from profit in 3Q 2021). Over the last 3 years on average, earnings per share has fallen by 54% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings.Reported Earnings • Aug 31Second quarter 2022 earnings released: CN¥0.038 loss per share (vs CN¥0.26 profit in 2Q 2021)Second quarter 2022 results: CN¥0.038 loss per share (down from CN¥0.26 profit in 2Q 2021). Revenue: CN¥1.18b (up 30% from 2Q 2021). Net loss: CN¥10.8m (down 115% from profit in 2Q 2021). Over the last 3 years on average, earnings per share has fallen by 37% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings.Board Change • Apr 27Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 2 highly experienced directors. 1 independent director (3 non-independent directors). Independent Director Jian Yang was the last independent director to join the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.お知らせ • Feb 17Shandong Daye Co., Ltd. announced that it expects to receive CNY 600 million in fundingShandong Daye Co., Ltd. announced a private placement of not more than 86,987,607 A shares for proceeds of not more than CNY 600,000,000 on February 16, 2021. The transaction will include participation from not more than 35 investors. Issue price will not less than 80% of the average price in the 20 trading days before the pricing reference date. The shares cannot be transferred within 6 months from the issuance closing date The transaction has been approved at the 13th Meeting of the company’s 4th directorate and is subject to its shareholder's approval and China Securities Regulatory Commission.Valuation Update With 7 Day Price Move • Nov 17Investor sentiment improved over the past weekAfter last week's 21% share price gain to CN¥10.30, the stock trades at a trailing P/E ratio of 16.8x. Average trailing P/E is 29x in the Metals and Mining industry in China. Total loss to shareholders of 3.7% over the past three years.Reported Earnings • Oct 27Third quarter 2021 earnings released: EPS CN¥0.081 (vs CN¥0.13 in 3Q 2020)The company reported a soft third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: CN¥1.08b (up 27% from 3Q 2020). Net income: CN¥23.8m (down 38% from 3Q 2020). Profit margin: 2.2% (down from 4.5% 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 16% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings.Valuation Update With 7 Day Price Move • Sep 29Investor sentiment deteriorated over the past weekAfter last week's 18% share price decline to CN¥8.90, the stock trades at a trailing P/E ratio of 13.4x. Average trailing P/E is 30x in the Metals and Mining industry in China. Total loss to shareholders of 17% over the past three years.Reported Earnings • Jul 28Second quarter 2021 earnings released: EPS CN¥0.26 (vs CN¥0.14 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CN¥911.3m (up 28% from 2Q 2020). Net income: CN¥74.0m (up 59% from 2Q 2020). Profit margin: 8.1% (up from 6.6% 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 19% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings.お知らせ • May 15Shandong Daye Co., Ltd. (SHSE:603278) acquired Shandong Snton Steel Cord Co., Ltd.Shandong Daye Co., Ltd. (SHSE:603278) acquired Shandong Snton Steel Cord Co., Ltd. on May 14, 2021. Fang Litang of DHH acted as legal advisor to Shandong Daye. Shandong Daye Co., Ltd. (SHSE:603278) completed the acquisition of Shandong Snton Steel Cord Co., Ltd. on May 14, 2021.Reported Earnings • Apr 20First quarter 2021 earnings released: EPS CN¥0.18 (vs CN¥0.03 loss in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: CN¥1.15b (up 120% from 1Q 2020). Net income: CN¥52.6m (up CN¥59.8m from 1Q 2020). Profit margin: 4.6% (up from net loss in 1Q 2020). The move to profitability 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.Reported Earnings • Mar 30Full year 2020 earnings released: EPS CN¥0.35 (vs CN¥0.53 in FY 2019)The company reported a soft full year result with weaker earnings and profit margins, although revenues improved. Full year 2020 results: Revenue: CN¥3.07b (up 13% from FY 2019). Net income: CN¥102.5m (down 33% from FY 2019). Profit margin: 3.3% (down from 5.6% in FY 2019). The decrease in margin was driven by higher expenses. 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 16% per year, which means it has not declined as severely as earnings.お知らせ • Mar 05Shandong Daye Co., Ltd. to Report Fiscal Year 2020 Results on Mar 30, 2021Shandong Daye Co., Ltd. announced that they will report fiscal year 2020 results on Mar 30, 2021Is New 90 Day High Low • Dec 23New 90-day high: CN¥8.84The company is up 4.0% from its price of CN¥8.50 on 24 September 2020. The Chinese market is up 2.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Metals and Mining industry, which is up 9.0% over the same period.Is New 90 Day High Low • Oct 28New 90-day low: CN¥8.24The company is down 4.0% from its price of CN¥8.61 on 30 July 2020. The Chinese market is down 2.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Metals and Mining industry, which is down 8.0% over the same period.お知らせ • Oct 19Shandong Daye Co., Ltd. to Report Q3, 2020 Results on Oct 22, 2020Shandong Daye Co., Ltd. announced that they will report Q3, 2020 results on Oct 22, 2020お知らせ • Jul 08Shandong Daye Co., Ltd. to Report First Half, 2020 Results on Aug 20, 2020Shandong Daye Co., Ltd. announced that they will report first half, 2020 results on Aug 20, 2020株主還元603278CN Metals and MiningCN 市場7D-4.9%1.7%-1.5%1Y-15.3%34.0%4.0%株主還元を見る業界別リターン: 603278過去 1 年間で34 % の収益を上げたCN Metals and Mining業界を下回りました。リターン対市場: 603278は、過去 1 年間で4 % のリターンを上げたCN市場を下回りました。価格変動Is 603278's price volatile compared to industry and market?603278 volatility603278 Average Weekly Movement9.7%Metals and Mining Industry Average Movement8.0%Market Average Movement7.4%10% most volatile stocks in CN Market12.6%10% least volatile stocks in CN Market4.4%安定した株価: 603278 、 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: 603278の 週次ボラティリティ ( 10% ) 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20034,334Hongxia Zhengwww.sddaye.com山東大悦有限公司は中国でビードワイヤー、スチールコード、ホース鋼線の研究開発、生産、販売を行っている。同社の製品は乗用車用タイヤ、トラック用タイヤ、工業用タイヤ、航空用タイヤなどのタイヤ製品、その他のゴム製品に使用されている。山東大悦有限公司は2003年に設立され、中国竹城市に本社を置く。もっと見るShandong Daye Co., Ltd. 基礎のまとめShandong Daye の収益と売上を時価総額と比較するとどうか。603278 基礎統計学時価総額CN¥3.07b収益（TTM）-CN¥42.96m売上高(TTM)CN¥4.95b0.6xP/Sレシオ-71.5xPER（株価収益率603278 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603278 損益計算書（TTM）収益CN¥4.95b売上原価CN¥4.64b売上総利益CN¥308.06mその他の費用CN¥351.02m収益-CN¥42.96m直近の収益報告Mar 31, 2026次回決算日Aug 25, 2026一株当たり利益（EPS）-0.13グロス・マージン6.22%純利益率-0.87%有利子負債／自己資本比率183.7%603278 の長期的なパフォーマンスは？過去の実績と比較を見るView Valuation企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/08/22 19:22終値2026/08/21 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Shandong Daye 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。1 アナリスト機関Sheng FengZhongtai Securities Co. Ltd.
お知らせ • Jun 30Shandong Daye Co., Ltd. to Report First Half, 2026 Results on Aug 25, 2026Shandong Daye Co., Ltd. announced that they will report first half, 2026 results on Aug 25, 2026
New Risk • Jun 11New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Chinese stocks, typically moving 10% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.0x net interest cover). Share price has been highly volatile over the past 3 months (10% average weekly change). Earnings have declined by 42% per year over the past 5 years.
New Risk • May 08New 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 8.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.1x net interest cover). Earnings have declined by 42% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (8.1% average weekly change).
Reported Earnings • Apr 24Full year 2025 earnings released: CN¥0.04 loss per share (vs CN¥0.50 loss in FY 2024)Full year 2025 results: CN¥0.04 loss per share (improved from CN¥0.50 loss in FY 2024). Revenue: CN¥5.03b (down 1.4% from FY 2024). Net loss: CN¥13.5m (loss narrowed 92% from FY 2024). Over the last 3 years on average, earnings per share has increased by 19% per year whereas the company’s share price has increased by 17% per year.
お知らせ • Apr 23Shandong Daye Co., Ltd., Annual General Meeting, May 18, 2026Shandong Daye Co., Ltd., Annual General Meeting, May 18, 2026, at 14:30 China Standard Time. Location: The Company's Meeting Room, Zhucheng, Shandong China
お知らせ • Mar 30Shandong Daye Co., Ltd. to Report Q1, 2026 Results on Apr 30, 2026Shandong Daye Co., Ltd. announced that they will report Q1, 2026 results on Apr 30, 2026
お知らせ • Jun 30Shandong Daye Co., Ltd. to Report First Half, 2026 Results on Aug 25, 2026Shandong Daye Co., Ltd. announced that they will report first half, 2026 results on Aug 25, 2026
New Risk • Jun 11New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Chinese stocks, typically moving 10% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.0x net interest cover). Share price has been highly volatile over the past 3 months (10% average weekly change). Earnings have declined by 42% per year over the past 5 years.
New Risk • May 08New 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 8.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.1x net interest cover). Earnings have declined by 42% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (8.1% average weekly change).
Reported Earnings • Apr 24Full year 2025 earnings released: CN¥0.04 loss per share (vs CN¥0.50 loss in FY 2024)Full year 2025 results: CN¥0.04 loss per share (improved from CN¥0.50 loss in FY 2024). Revenue: CN¥5.03b (down 1.4% from FY 2024). Net loss: CN¥13.5m (loss narrowed 92% from FY 2024). Over the last 3 years on average, earnings per share has increased by 19% per year whereas the company’s share price has increased by 17% per year.
お知らせ • Apr 23Shandong Daye Co., Ltd., Annual General Meeting, May 18, 2026Shandong Daye Co., Ltd., Annual General Meeting, May 18, 2026, at 14:30 China Standard Time. Location: The Company's Meeting Room, Zhucheng, Shandong China
お知らせ • Mar 30Shandong Daye Co., Ltd. to Report Q1, 2026 Results on Apr 30, 2026Shandong Daye Co., Ltd. announced that they will report Q1, 2026 results on Apr 30, 2026
お知らせ • Dec 26Shandong Daye Co., Ltd. to Report Fiscal Year 2025 Results on Apr 23, 2026Shandong Daye Co., Ltd. announced that they will report fiscal year 2025 results on Apr 23, 2026
New Risk • Dec 24New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 7.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (0.3x net interest cover). Earnings have declined by 47% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (7.1% average weekly change).
Reported Earnings • Oct 30Third quarter 2025 earnings released: CN¥0.064 loss per share (vs CN¥0.27 loss in 3Q 2024)Third quarter 2025 results: CN¥0.064 loss per share (improved from CN¥0.27 loss in 3Q 2024). Revenue: CN¥1.26b (up 4.0% from 3Q 2024). Net loss: CN¥19.0m (loss narrowed 77% from 3Q 2024). Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth.
お知らせ • Sep 30Shandong Daye Co., Ltd. to Report Q3, 2025 Results on Oct 31, 2025Shandong Daye Co., Ltd. announced that they will report Q3, 2025 results on Oct 31, 2025
Reported Earnings • Aug 21Second quarter 2025 earnings released: EPS: CN¥0.17 (vs CN¥0.09 loss in 2Q 2024)Second quarter 2025 results: EPS: CN¥0.17 (up from CN¥0.09 loss in 2Q 2024). Revenue: CN¥1.31b (down 5.8% from 2Q 2024). Net income: CN¥37.5m (up CN¥69.0m from 2Q 2024). Profit margin: 2.9% (up from net loss in 2Q 2024). Over the last 3 years on average, earnings per share has increased by 7% per year whereas the company’s share price has increased by 8% per year.
お知らせ • Jun 30Shandong Daye Co., Ltd. to Report First Half, 2025 Results on Aug 19, 2025Shandong Daye Co., Ltd. announced that they will report first half, 2025 results on Aug 19, 2025
Reported Earnings • May 03Third quarter 2024 earnings released: CN¥0.27 loss per share (vs CN¥0.092 profit in 3Q 2023)Third quarter 2024 results: CN¥0.27 loss per share (down from CN¥0.092 profit in 3Q 2023). Revenue: CN¥1.21b (down 19% from 3Q 2023). Net loss: CN¥83.1m (down 396% from profit in 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 40% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings.
お知らせ • Apr 29Shandong Daye Co., Ltd., Annual General Meeting, May 28, 2025Shandong Daye Co., Ltd., Annual General Meeting, May 28, 2025, at 14:30 China Standard Time.
お知らせ • Mar 28Shandong Daye Co., Ltd. to Report Q1, 2025 Results on Apr 30, 2025Shandong Daye Co., Ltd. announced that they will report Q1, 2025 results on Apr 30, 2025
分析記事 • Feb 06Shandong Daye Co., Ltd. (SHSE:603278) Held Back By Insufficient Growth Even After Shares Climb 27%Shandong Daye Co., Ltd. ( SHSE:603278 ) shares have continued their recent momentum with a 27% gain in the last month...
お知らせ • Jan 11Shandong Daye Co., Ltd. (SHSE:603278) made an offer to acquire remaining 19.44% stake in Shandong Daye New Materials Co., Ltd. from Weifang Urban Construction and Development Investment Group Co.,Ltd. for CNY 430.62 million.Shandong Daye Co., Ltd. (SHSE:603278) made an offer to acquire remaining 19.44% stake in Shandong Daye New Materials Co., Ltd. from Weifang Urban Construction and Development Investment Group Co.,Ltd. on January 9, 2025. Upon completion, Shandong Daye Co., Ltd. will own 100% stake in Shandong Daye New Materials Co., Ltd. The transaction will be financed through equity investment. As of September 30, 2024, Shandong Daye New Materials Co., Ltd. reported total assets of CNY 3.09 billion. The transaction is subject to approval of offer by acquirer board. The deal has been approved by the board.
New Risk • Jan 10New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Chinese stocks, typically moving 12% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (9.7% operating cash flow to total debt). Share price has been highly volatile over the past 3 months (12% average weekly change). Earnings have declined by 40% per year over the past 5 years.
お知らせ • Dec 27Shandong Daye Co., Ltd. to Report Fiscal Year 2024 Results on Apr 29, 2025Shandong Daye Co., Ltd. announced that they will report fiscal year 2024 results on Apr 29, 2025
New Risk • Dec 09New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 11% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (9.7% operating cash flow to total debt). Earnings have declined by 40% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (11% average weekly change). Shareholders have been diluted in the past year (5.8% increase in shares outstanding).
分析記事 • Dec 02There's No Escaping Shandong Daye Co., Ltd.'s (SHSE:603278) Muted Revenues Despite A 25% Share Price RiseDespite an already strong run, Shandong Daye Co., Ltd. ( SHSE:603278 ) shares have been powering on, with a gain of 25...
Reported Earnings • Nov 01Third quarter 2024 earnings released: CN¥0.27 loss per share (vs CN¥0.092 profit in 3Q 2023)Third quarter 2024 results: CN¥0.27 loss per share (down from CN¥0.092 profit in 3Q 2023). Revenue: CN¥1.21b (down 19% from 3Q 2023). Net loss: CN¥83.1m (down 396% from profit in 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 40% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings.
New Risk • Oct 09New minor risk - Dividend sustainabilityThe dividend is not well covered by earnings. The company is paying a dividend despite being loss-making. Dividend yield: 0.6% This is considered a minor risk. Companies that pay out too much of their earnings are at risk of having to reduce or cut their dividend in future. If earnings growth slows or earnings fall, then there may not be enough earnings to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. However, this risk is mitigated by the fact the dividend is covered by cash flows. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (0.5x net interest cover). Earnings have declined by 39% per year over the past 5 years. Minor Risks Paying a dividend despite being loss-making. Share price has been volatile over the past 3 months (9.4% average weekly change). Shareholders have been diluted in the past year (18% increase in shares outstanding).
お知らせ • Sep 30Shandong Daye Co., Ltd. to Report Q3, 2024 Results on Oct 30, 2024Shandong Daye Co., Ltd. announced that they will report Q3, 2024 results on Oct 30, 2024
分析記事 • Aug 05Shandong Daye Co., Ltd. (SHSE:603278) Soars 36% But It's A Story Of Risk Vs RewardThose holding Shandong Daye Co., Ltd. ( SHSE:603278 ) shares would be relieved that the share price has rebounded 36...
Valuation Update With 7 Day Price Move • Jul 31Investor sentiment improves as stock rises 15%After last week's 15% share price gain to CN¥5.95, the stock trades at a trailing P/E ratio of 29.3x. Average trailing P/E is 24x in the Metals and Mining industry in China. Total loss to shareholders of 35% over the past three years.
New Risk • Jul 05New major risk - Revenue and earnings growthEarnings have declined by 39% 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 Interest payments are not well covered by earnings (2.6x net interest cover). Earnings have declined by 39% per year over the past 5 years. Minor Risks Large one-off items impacting financial results. Shareholders have been diluted in the past year (18% increase in shares outstanding).
お知らせ • Jun 28Shandong Daye Co., Ltd. to Report First Half, 2024 Results on Aug 22, 2024Shandong Daye Co., Ltd. announced that they will report first half, 2024 results on Aug 22, 2024
Valuation Update With 7 Day Price Move • Jun 25Investor sentiment deteriorates as stock falls 21%After last week's 21% share price decline to CN¥6.39, the stock trades at a forward P/E ratio of 5x. Average forward P/E is 14x in the Metals and Mining industry in China. Total loss to shareholders of 23% over the past three years.
分析記事 • Jun 07Fewer Investors Than Expected Jumping On Shandong Daye Co., Ltd. (SHSE:603278)When you see that almost half of the companies in the Metals and Mining industry in China have price-to-sales ratios...
分析記事 • May 02Shandong Daye (SHSE:603278) Posted Healthy Earnings But There Are Some Other Factors To Be Aware OfLast week's profit announcement from Shandong Daye Co., Ltd. ( SHSE:603278 ) was underwhelming for investors, despite...
Reported Earnings • Apr 27Full year 2023 earnings: EPS and revenues miss analyst expectationsFull year 2023 results: EPS: CN¥0.33 (up from CN¥0.88 loss in FY 2022). Revenue: CN¥5.56b (up 6.6% from FY 2022). Net income: CN¥95.9m (up CN¥351.1m from FY 2022). Profit margin: 1.7% (up from net loss in FY 2022). Revenue missed analyst estimates by 8.5%. Earnings per share (EPS) also missed analyst estimates by 45%. Revenue is forecast to grow 12% p.a. on average during the next 2 years, compared to a 9.7% 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 68 percentage points per year, which is a significant difference in performance.
お知らせ • Apr 27Shandong Daye Co., Ltd., Annual General Meeting, May 28, 2024Shandong Daye Co., Ltd., Annual General Meeting, May 28, 2024, at 14:30 China Standard Time. Location: The Company's Meeting Room, Zhucheng, Shandong China
お知らせ • Mar 30Shandong Daye Co., Ltd. to Report Q1, 2024 Results on Apr 26, 2024Shandong Daye Co., Ltd. announced that they will report Q1, 2024 results on Apr 26, 2024
お知らせ • Mar 09Shandong Daye Co., Ltd. (SHSE:603278) announces an Equity Buyback for CNY 40 million worth of its shares.Shandong Daye Co., Ltd. (SHSE:603278) announces a share repurchase program. Under the program, the company will repurchase up to CNY 40 million worth of its shares. The repurchase price will not more than CNY 10 per Share. The repurchased shares will be used for employee stock ownership plan or equity incentives. The repurchases will be funded using company's own funds or self-raised funds. The repurchase period will be not more than 6 months.
分析記事 • Mar 07Shandong Daye Co., Ltd. (SHSE:603278) Soars 42% But It's A Story Of Risk Vs RewardThose holding Shandong Daye Co., Ltd. ( SHSE:603278 ) shares would be relieved that the share price has rebounded 42...
お知らせ • Dec 29Shandong Daye Co., Ltd. to Report Fiscal Year 2023 Results on Apr 20, 2024Shandong Daye Co., Ltd. announced that they will report fiscal year 2023 results on Apr 20, 2024
New Risk • Nov 20New 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 6.4% 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 Interest payments are not well covered by earnings (0.6x net interest cover). Minor Risks Share price has been volatile over the past 3 months (6.4% average weekly change). Large one-off items impacting financial results. Shareholders have been diluted in the past year (3.1% increase in shares outstanding).
Reported Earnings • Nov 02Third quarter 2023 earnings released: EPS: CN¥0.092 (vs CN¥0.19 loss in 3Q 2022)Third quarter 2023 results: EPS: CN¥0.092 (up from CN¥0.19 loss in 3Q 2022). Revenue: CN¥1.50b (up 2.7% from 3Q 2022). Net income: CN¥28.1m (up CN¥83.0m from 3Q 2022). Profit margin: 1.9% (up from net loss in 3Q 2022). Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 12% 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 87 percentage points per year, which is a significant difference in performance.
Reported Earnings • Aug 09Second quarter 2023 earnings released: EPS: CN¥0.15 (vs CN¥0.038 loss in 2Q 2022)Second quarter 2023 results: EPS: CN¥0.15 (up from CN¥0.038 loss in 2Q 2022). Revenue: CN¥1.41b (up 19% from 2Q 2022). Net income: CN¥43.8m (up CN¥54.7m from 2Q 2022). Profit margin: 3.1% (up from net loss in 2Q 2022). The move to profitability was driven by higher revenue. Revenue is forecast to grow 9.7% p.a. on average 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, the company's share price growth rate has exceeded its earnings growth rate by 92 percentage points per year, which is a significant difference in performance.
Reported Earnings • May 04Full year 2022 earnings released: CN¥0.88 loss per share (vs CN¥0.38 profit in FY 2021)Full year 2022 results: CN¥0.88 loss per share (down from CN¥0.38 profit in FY 2021). Revenue: CN¥5.21b (up 26% from FY 2021). Net loss: CN¥255.2m (down 334% from profit in FY 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 77 percentage points per year, which is a significant difference in performance.
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 an independent director. The company's board is composed of: 1 new director. 3 experienced directors. 4 highly experienced directors. 3 independent directors (4 non-independent directors). Independent Director Yongmei Zhang was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Reported Earnings • Oct 27Third quarter 2022 earnings released: CN¥0.19 loss per share (vs CN¥0.081 profit in 3Q 2021)Third quarter 2022 results: CN¥0.19 loss per share (down from CN¥0.081 profit in 3Q 2021). Revenue: CN¥1.46b (up 36% from 3Q 2021). Net loss: CN¥54.9m (down 330% from profit in 3Q 2021). Over the last 3 years on average, earnings per share has fallen by 54% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings.
Reported Earnings • Aug 31Second quarter 2022 earnings released: CN¥0.038 loss per share (vs CN¥0.26 profit in 2Q 2021)Second quarter 2022 results: CN¥0.038 loss per share (down from CN¥0.26 profit in 2Q 2021). Revenue: CN¥1.18b (up 30% from 2Q 2021). Net loss: CN¥10.8m (down 115% from profit in 2Q 2021). Over the last 3 years on average, earnings per share has fallen by 37% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings.
Board Change • Apr 27Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 2 highly experienced directors. 1 independent director (3 non-independent directors). Independent Director Jian Yang was the last independent director to join the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
お知らせ • Feb 17Shandong Daye Co., Ltd. announced that it expects to receive CNY 600 million in fundingShandong Daye Co., Ltd. announced a private placement of not more than 86,987,607 A shares for proceeds of not more than CNY 600,000,000 on February 16, 2021. The transaction will include participation from not more than 35 investors. Issue price will not less than 80% of the average price in the 20 trading days before the pricing reference date. The shares cannot be transferred within 6 months from the issuance closing date The transaction has been approved at the 13th Meeting of the company’s 4th directorate and is subject to its shareholder's approval and China Securities Regulatory Commission.
Valuation Update With 7 Day Price Move • Nov 17Investor sentiment improved over the past weekAfter last week's 21% share price gain to CN¥10.30, the stock trades at a trailing P/E ratio of 16.8x. Average trailing P/E is 29x in the Metals and Mining industry in China. Total loss to shareholders of 3.7% over the past three years.
Reported Earnings • Oct 27Third quarter 2021 earnings released: EPS CN¥0.081 (vs CN¥0.13 in 3Q 2020)The company reported a soft third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: CN¥1.08b (up 27% from 3Q 2020). Net income: CN¥23.8m (down 38% from 3Q 2020). Profit margin: 2.2% (down from 4.5% 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 16% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings.
Valuation Update With 7 Day Price Move • Sep 29Investor sentiment deteriorated over the past weekAfter last week's 18% share price decline to CN¥8.90, the stock trades at a trailing P/E ratio of 13.4x. Average trailing P/E is 30x in the Metals and Mining industry in China. Total loss to shareholders of 17% over the past three years.
Reported Earnings • Jul 28Second quarter 2021 earnings released: EPS CN¥0.26 (vs CN¥0.14 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CN¥911.3m (up 28% from 2Q 2020). Net income: CN¥74.0m (up 59% from 2Q 2020). Profit margin: 8.1% (up from 6.6% 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 19% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings.
お知らせ • May 15Shandong Daye Co., Ltd. (SHSE:603278) acquired Shandong Snton Steel Cord Co., Ltd.Shandong Daye Co., Ltd. (SHSE:603278) acquired Shandong Snton Steel Cord Co., Ltd. on May 14, 2021. Fang Litang of DHH acted as legal advisor to Shandong Daye. Shandong Daye Co., Ltd. (SHSE:603278) completed the acquisition of Shandong Snton Steel Cord Co., Ltd. on May 14, 2021.
Reported Earnings • Apr 20First quarter 2021 earnings released: EPS CN¥0.18 (vs CN¥0.03 loss in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: CN¥1.15b (up 120% from 1Q 2020). Net income: CN¥52.6m (up CN¥59.8m from 1Q 2020). Profit margin: 4.6% (up from net loss in 1Q 2020). The move to profitability 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.
Reported Earnings • Mar 30Full year 2020 earnings released: EPS CN¥0.35 (vs CN¥0.53 in FY 2019)The company reported a soft full year result with weaker earnings and profit margins, although revenues improved. Full year 2020 results: Revenue: CN¥3.07b (up 13% from FY 2019). Net income: CN¥102.5m (down 33% from FY 2019). Profit margin: 3.3% (down from 5.6% in FY 2019). The decrease in margin was driven by higher expenses. 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 16% per year, which means it has not declined as severely as earnings.
お知らせ • Mar 05Shandong Daye Co., Ltd. to Report Fiscal Year 2020 Results on Mar 30, 2021Shandong Daye Co., Ltd. announced that they will report fiscal year 2020 results on Mar 30, 2021
Is New 90 Day High Low • Dec 23New 90-day high: CN¥8.84The company is up 4.0% from its price of CN¥8.50 on 24 September 2020. The Chinese market is up 2.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Metals and Mining industry, which is up 9.0% over the same period.
Is New 90 Day High Low • Oct 28New 90-day low: CN¥8.24The company is down 4.0% from its price of CN¥8.61 on 30 July 2020. The Chinese market is down 2.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Metals and Mining industry, which is down 8.0% over the same period.
お知らせ • Oct 19Shandong Daye Co., Ltd. to Report Q3, 2020 Results on Oct 22, 2020Shandong Daye Co., Ltd. announced that they will report Q3, 2020 results on Oct 22, 2020
お知らせ • Jul 08Shandong Daye Co., Ltd. to Report First Half, 2020 Results on Aug 20, 2020Shandong Daye Co., Ltd. announced that they will report first half, 2020 results on Aug 20, 2020
