View Past PerformanceSanxiang Advanced Materials バランスシートの健全性財務の健全性 基準チェック /66Sanxiang Advanced Materialsの総株主資本はCN¥1.5B 、総負債はCN¥249.0Mで、負債比率は16.8%となります。総資産と総負債はそれぞれCN¥2.1BとCN¥645.8Mです。 Sanxiang Advanced Materialsの EBIT はCN¥176.9Mで、利息カバレッジ比率30.9です。現金および短期投資はCN¥169.0Mです。主要情報16.80%負債資本比率CN¥248.98m負債インタレスト・カバレッジ・レシオ30.9x現金CN¥168.99mエクイティCN¥1.48b負債合計CN¥645.78m総資産CN¥2.13b財務の健全性に関する最新情報分析記事 • Feb 08Sanxiang Advanced Materials (SHSE:603663) Has A Somewhat Strained Balance SheetLegendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...分析記事 • Oct 22Sanxiang Advanced Materials (SHSE:603663) Has A Somewhat Strained Balance SheetDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...分析記事 • Jun 04Is Sanxiang Advanced Materials (SHSE:603663) A Risky Investment?Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...分析記事 • Feb 28We Think Sanxiang Advanced Materials (SHSE:603663) Can Stay On Top Of Its DebtSome say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...すべての更新を表示Recent updatesお知らせ • Apr 25Sanxiang Advanced Materials Co., Ltd., Annual General Meeting, May 28, 2026Sanxiang Advanced Materials Co., Ltd., Annual General Meeting, May 28, 2026, at 14:30 China Standard Time. Location: Sanxiang Nanyang Industrial Park, Shouning County, Ningde, Fujian ChinaReported Earnings • Apr 25First quarter 2026 earnings released: EPS: CN¥0.09 (vs CN¥0.03 in 1Q 2025)First quarter 2026 results: EPS: CN¥0.09 (up from CN¥0.03 in 1Q 2025). Revenue: CN¥263.7m (up 14% from 1Q 2025). Net income: CN¥36.9m (up 173% from 1Q 2025). Profit margin: 14% (up from 5.9% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 36% p.a. on average during the next 2 years, compared to a 15% growth forecast for the Chemicals industry in China. Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has increased by 66% per year, which means it is well ahead of earnings.Buy Or Sell Opportunity • Apr 14Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 21% to CN¥43.64. The fair value is estimated to be CN¥36.01, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 36%.お知らせ • Mar 30Sanxiang Advanced Materials Co., Ltd. to Report Q1, 2026 Results on Apr 25, 2026Sanxiang Advanced Materials Co., Ltd. announced that they will report Q1, 2026 results on Apr 25, 2026New Risk • Mar 16New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 7.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 3.4% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (7.9% average weekly change). Large one-off items impacting financial results.Buy Or Sell Opportunity • Jan 27Now 23% overvalued after recent price riseOver the last 90 days, the stock has risen 58% to CN¥41.47. The fair value is estimated to be CN¥33.64, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 36%.お知らせ • Dec 26Sanxiang Advanced Materials Co., Ltd. to Report Fiscal Year 2025 Results on Apr 25, 2026Sanxiang Advanced Materials Co., Ltd. announced that they will report fiscal year 2025 results on Apr 25, 2026New Risk • Nov 14New 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 7.4% 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 Earnings have declined by 3.4% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (7.4% average weekly change). Large one-off items impacting financial results.Buy Or Sell Opportunity • Oct 31Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 2.4% to CN¥26.05. The fair value is estimated to be CN¥32.71, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 36%.Reported Earnings • Oct 30Third quarter 2025 earnings released: EPS: CN¥0.068 (vs CN¥0.032 in 3Q 2024)Third quarter 2025 results: EPS: CN¥0.068 (up from CN¥0.032 in 3Q 2024). Revenue: CN¥296.2m (up 22% from 3Q 2024). Net income: CN¥33.0m (up 133% from 3Q 2024). Profit margin: 11% (up from 5.8% in 3Q 2024). Revenue is forecast to grow 35% 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 36% per year but the company’s share price has increased by 38% per year, which means it is well ahead of earnings.お知らせ • Sep 30Sanxiang Advanced Materials Co., Ltd. to Report Q3, 2025 Results on Oct 30, 2025Sanxiang Advanced Materials Co., Ltd. announced that they will report Q3, 2025 results on Oct 30, 2025Reported Earnings • Aug 25Second quarter 2025 earnings released: EPS: CN¥0.086 (vs CN¥0.096 in 2Q 2024)Second quarter 2025 results: EPS: CN¥0.086 (down from CN¥0.096 in 2Q 2024). Revenue: CN¥331.2m (down 5.6% from 2Q 2024). Net income: CN¥31.4m (down 28% from 2Q 2024). Profit margin: 9.5% (down from 12% in 2Q 2024). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 34% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Chemicals industry in China. Over the last 3 years on average, earnings per share has fallen by 36% per year but the company’s share price has increased by 35% per year, which means it is well ahead of earnings.Declared Dividend • Jul 07Dividend of CN¥0.075 announcedShareholders will receive a dividend of CN¥0.075. Ex-date: 10th July 2025 Payment date: 10th July 2025 Dividend yield will be 0.3%, which is lower than the industry average of 2.6%. Sustainability & Growth Dividend is covered by earnings (47% earnings payout ratio) but not covered by cash flows (dividend approximately 8x free cash flows). The dividend has increased by an average of 9.5% per year over the past 8 years and payments have been stable during that time. The company's earnings per share (EPS) would need to decline by 48% to shift the payout ratio to a potentially unsustainable range, which is more than the 6.4% EPS decline seen over the last 5 years.お知らせ • Jun 30Sanxiang Advanced Materials Co., Ltd. to Report First Half, 2025 Results on Aug 22, 2025Sanxiang Advanced Materials Co., Ltd. announced that they will report first half, 2025 results on Aug 22, 2025Reported Earnings • Apr 25First quarter 2025 earnings released: EPS: CN¥0.03 (vs CN¥0.05 in 1Q 2024)First quarter 2025 results: EPS: CN¥0.03 (down from CN¥0.05 in 1Q 2024). Revenue: CN¥230.8m (down 9.8% from 1Q 2024). Net income: CN¥13.5m (down 30% from 1Q 2024). Profit margin: 5.9% (down from 7.5% in 1Q 2024). Revenue is forecast to grow 41% p.a. on average during the next 2 years, compared to a 15% growth forecast for the Chemicals industry in China. Over the last 3 years on average, earnings per share has fallen by 29% per year but the company’s share price has increased by 50% per year, which means it is well ahead of earnings.お知らせ • Apr 25Sanxiang Advanced Materials Co., Ltd., Annual General Meeting, May 28, 2025Sanxiang Advanced Materials Co., Ltd., Annual General Meeting, May 28, 2025, at 14:30 China Standard Time. Location: Sanxiang Nanyang Industrial Park, Shouning County, Ningde, Fujian Chinaお知らせ • Mar 28Sanxiang Advanced Materials Co., Ltd. to Report Q1, 2025 Results on Apr 25, 2025Sanxiang Advanced Materials Co., Ltd. announced that they will report Q1, 2025 results on Apr 25, 2025New Risk • Mar 19New 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. This is currently the only risk that has been identified for the company.分析記事 • Feb 26After Leaping 37% Sanxiang Advanced Materials Co., Ltd. (SHSE:603663) Shares Are Not Flying Under The RadarThe Sanxiang Advanced Materials Co., Ltd. ( SHSE:603663 ) share price has done very well over the last month, posting...分析記事 • Feb 08Sanxiang Advanced Materials (SHSE:603663) Has A Somewhat Strained Balance SheetLegendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...お知らせ • Dec 27Sanxiang Advanced Materials Co., Ltd. to Report Fiscal Year 2024 Results on Apr 25, 2025Sanxiang Advanced Materials Co., Ltd. announced that they will report fiscal year 2024 results on Apr 25, 2025分析記事 • Dec 24Sanxiang Advanced Materials (SHSE:603663) Will Be Hoping To Turn Its Returns On Capital AroundIf we want to find a potential multi-bagger, often there are underlying trends that can provide clues. One common...分析記事 • Nov 11Sanxiang Advanced Materials Co., Ltd. (SHSE:603663) Stocks Shoot Up 28% But Its P/S Still Looks ReasonableDespite an already strong run, Sanxiang Advanced Materials Co., Ltd. ( SHSE:603663 ) shares have been powering on, with...Reported Earnings • Oct 30Third quarter 2024 earnings released: EPS: CN¥0.032 (vs CN¥0.006 in 3Q 2023)Third quarter 2024 results: EPS: CN¥0.032 (up from CN¥0.006 in 3Q 2023). Revenue: CN¥243.4m (down 1.5% from 3Q 2023). Net income: CN¥14.2m (up 457% from 3Q 2023). Profit margin: 5.8% (up from 1.0% in 3Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 30% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Chemicals industry in China. Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has increased by 20% per year, which means it is well ahead of earnings.分析記事 • Oct 22Sanxiang Advanced Materials (SHSE:603663) Has A Somewhat Strained Balance SheetDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...お知らせ • Sep 30Sanxiang Advanced Materials Co., Ltd. to Report Q3, 2024 Results on Oct 30, 2024Sanxiang Advanced Materials Co., Ltd. announced that they will report Q3, 2024 results on Oct 30, 2024分析記事 • Sep 27Sanxiang Advanced Materials Co., Ltd.'s (SHSE:603663) Earnings Haven't Escaped The Attention Of InvestorsSanxiang Advanced Materials Co., Ltd.'s ( SHSE:603663 ) price-to-sales (or "P/S") ratio of 5.5x may look like a poor...分析記事 • Aug 30Some Investors May Be Willing To Look Past Sanxiang Advanced Materials' (SHSE:603663) Soft EarningsThe market for Sanxiang Advanced Materials Co., Ltd.'s ( SHSE:603663 ) shares didn't move much after it posted weak...Reported Earnings • Aug 24Second quarter 2024 earnings released: EPS: CN¥0.096 (vs CN¥0.10 in 2Q 2023)Second quarter 2024 results: EPS: CN¥0.096. Revenue: CN¥350.9m (up 18% from 2Q 2023). Net income: CN¥43.5m (flat on 2Q 2023). Profit margin: 12% (down from 15% in 2Q 2023). Revenue is forecast to grow 28% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Chemicals industry in China.お知らせ • Jun 29Sanxiang Advanced Materials Co., Ltd. to Report First Half, 2024 Results on Aug 24, 2024Sanxiang Advanced Materials Co., Ltd. announced that they will report first half, 2024 results on Aug 24, 2024分析記事 • Jun 09Sanxiang Advanced Materials Co., Ltd.'s (SHSE:603663) 25% Dip Still Leaving Some Shareholders Feeling Restless Over Its P/SRatioThe Sanxiang Advanced Materials Co., Ltd. ( SHSE:603663 ) share price has softened a substantial 25% over the previous...分析記事 • Jun 04Is Sanxiang Advanced Materials (SHSE:603663) A Risky Investment?Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...分析記事 • Apr 23Subdued Growth No Barrier To Sanxiang Advanced Materials Co., Ltd. (SHSE:603663) With Shares Advancing 48%Sanxiang Advanced Materials Co., Ltd. ( SHSE:603663 ) shareholders would be excited to see that the share price has had...お知らせ • Apr 21Sanxiang Advanced Materials Co., Ltd., Annual General Meeting, May 22, 2024Sanxiang Advanced Materials Co., Ltd., Annual General Meeting, May 22, 2024, at 14:00 China Standard Time. Location: The Company's Meeting Room, Ningde, Fujian ChinaReported Earnings • Apr 20First quarter 2024 earnings released: EPS: CN¥0.05 (vs CN¥0.086 in 1Q 2023)First quarter 2024 results: EPS: CN¥0.05 (down from CN¥0.086 in 1Q 2023). Revenue: CN¥255.8m (down 14% from 1Q 2023). Net income: CN¥19.3m (down 47% from 1Q 2023). Profit margin: 7.5% (down from 12% in 1Q 2023). Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 34% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • Apr 16Investor sentiment deteriorates as stock falls 24%After last week's 24% share price decline to CN¥15.37, the stock trades at a trailing P/E ratio of 61.8x. Average trailing P/E is 28x in the Chemicals industry in China. Total returns to shareholders of 108% over the past three years.お知らせ • Mar 29Sanxiang Advanced Materials Co., Ltd. to Report Q1, 2024 Results on Apr 27, 2024Sanxiang Advanced Materials Co., Ltd. announced that they will report Q1, 2024 results on Apr 27, 2024Valuation Update With 7 Day Price Move • Mar 28Investor sentiment improves as stock rises 22%After last week's 22% share price gain to CN¥13.56, the stock trades at a trailing P/E ratio of 54.5x. Average trailing P/E is 28x in the Chemicals industry in China. Total returns to shareholders of 88% over the past three years.分析記事 • Mar 27Capital Allocation Trends At Sanxiang Advanced Materials (SHSE:603663) Aren't IdealTo find a multi-bagger stock, what are the underlying trends we should look for in a business? Ideally, a business will...分析記事 • Mar 06There's Reason For Concern Over Sanxiang Advanced Materials Co., Ltd.'s (SHSE:603663) Massive 31% Price JumpSanxiang Advanced Materials Co., Ltd. ( SHSE:603663 ) shareholders would be excited to see that the share price has had...分析記事 • Feb 28We Think Sanxiang Advanced Materials (SHSE:603663) Can Stay On Top Of Its DebtSome say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...Valuation Update With 7 Day Price Move • Jan 24Investor sentiment improves as stock rises 17%After last week's 17% share price gain to CN¥12.95, the stock trades at a trailing P/E ratio of 52.1x. Average trailing P/E is 30x in the Chemicals industry in China. Total returns to shareholders of 89% over the past three years.お知らせ • Dec 30Sanxiang Advanced Materials Co., Ltd. to Report Fiscal Year 2023 Results on Apr 20, 2024Sanxiang Advanced Materials Co., Ltd. announced that they will report fiscal year 2023 results on Apr 20, 2024New Risk • Nov 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 6.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (6.9% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (9.7% net profit margin).Valuation Update With 7 Day Price Move • Nov 21Investor sentiment improves as stock rises 25%After last week's 25% share price gain to CN¥11.73, the stock trades at a trailing P/E ratio of 47.2x. Average forward P/E is 16x in the Chemicals industry in China. Total returns to shareholders of 35% over the past three years.New Risk • Oct 29New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 9.7% Last year net profit margin: 18% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Paying a dividend despite having no free cash flows. Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (9.7% net profit margin).Reported Earnings • Aug 18Second quarter 2023 earnings released: EPS: CN¥0.23 (vs CN¥0.12 in 2Q 2022)Second quarter 2023 results: EPS: CN¥0.23. Revenue: CN¥297.0m (up 6.0% from 2Q 2022). Net income: CN¥43.4m (down 16% from 2Q 2022). Profit margin: 15% (down from 19% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 26% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Chemicals industry in China.Valuation Update With 7 Day Price Move • Jul 13Investor sentiment deteriorates as stock falls 30%After last week's 30% share price decline to CN¥11.31, the stock trades at a trailing P/E ratio of 21.9x. Average forward P/E is 16x in the Chemicals industry in China. Total loss to shareholders of 2.7% over the past three years.お知らせ • Jun 28Sanxiang Advanced Materials Co., Ltd. to Report First Half, 2023 Results on Aug 18, 2023Sanxiang Advanced Materials Co., Ltd. announced that they will report first half, 2023 results on Aug 18, 2023Reported Earnings • Apr 23Full year 2022 earnings released: EPS: CN¥0.50 (vs CN¥0.36 in FY 2021)Full year 2022 results: EPS: CN¥0.50 (up from CN¥0.36 in FY 2021). Revenue: CN¥972.3m (up 23% from FY 2021). Net income: CN¥150.9m (up 50% from FY 2021). Profit margin: 16% (up from 13% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 23% per year whereas the company’s share price has increased by 18% per year.Valuation Update With 7 Day Price Move • Feb 02Investor sentiment improves as stock rises 17%After last week's 17% share price gain to CN¥16.06, the stock trades at a trailing P/E ratio of 30.7x. Average trailing P/E is 30x in the Chemicals industry in China. Total returns to shareholders of 103% over the past three years.Board Change • Nov 16No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 8 experienced directors. No highly experienced directors. No independent directors (6 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.Reported Earnings • Oct 23Third quarter 2022 earnings released: EPS: CN¥0.15 (vs CN¥0.079 in 3Q 2021)Third quarter 2022 results: EPS: CN¥0.15 (up from CN¥0.079 in 3Q 2021). Revenue: CN¥269.8m (up 46% from 3Q 2021). Net income: CN¥45.2m (up 100% from 3Q 2021). Profit margin: 17% (up from 12% in 3Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Oct 14Investor sentiment improved over the past weekAfter last week's 16% share price gain to CN¥15.09, the stock trades at a trailing P/E ratio of 33.6x. Average trailing P/E is 26x in the Chemicals industry in China. Total returns to shareholders of 60% over the past three years.Reported Earnings • Aug 05Second quarter 2022 earnings released: EPS: CN¥0.40 (vs CN¥0.093 in 2Q 2021)Second quarter 2022 results: EPS: CN¥0.40 (up from CN¥0.093 in 2Q 2021). Revenue: CN¥280.1m (up 35% from 2Q 2021). Net income: CN¥51.7m (up 116% from 2Q 2021). Profit margin: 19% (up from 12% in 2Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 16% per year whereas the company’s share price has increased by 18% per year.Valuation Update With 7 Day Price Move • Jun 28Investor sentiment improved over the past weekAfter last week's 19% share price gain to CN¥22.03, the stock trades at a trailing P/E ratio of 44.1x. Average trailing P/E is 29x in the Chemicals industry in China. Total returns to shareholders of 61% over the past three years.Valuation Update With 7 Day Price Move • Jun 06Investor sentiment improved over the past weekAfter last week's 22% share price gain to CN¥19.45, the stock trades at a trailing P/E ratio of 38.7x. Average trailing P/E is 26x in the Chemicals industry in China. Total returns to shareholders of 27% over the past three years.Reported Earnings • Apr 29First quarter 2022 earnings released: EPS: CN¥0.14 (vs CN¥0.12 in 1Q 2021)First quarter 2022 results: EPS: CN¥0.14 (up from CN¥0.12 in 1Q 2021). Revenue: CN¥181.8m (down 20% from 1Q 2021). Net income: CN¥30.5m (up 32% from 1Q 2021). Profit margin: 17% (up from 10% in 1Q 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has remained flat, which means it is significantly lagging 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. 12 experienced directors. No highly experienced directors. 3 independent directors (6 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Valuation Update With 7 Day Price Move • Mar 09Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to CN¥17.85, the stock trades at a trailing P/E ratio of 42.3x. Average trailing P/E is 30x in the Chemicals industry in China. Total returns to shareholders of 32% over the past three years.Valuation Update With 7 Day Price Move • Dec 31Investor sentiment improved over the past weekAfter last week's 17% share price gain to CN¥27.75, the stock trades at a trailing P/E ratio of 65.8x. Average trailing P/E is 35x in the Chemicals industry in China. Total returns to shareholders of 123% over the past three years.Valuation Update With 7 Day Price Move • Dec 14Investor sentiment improved over the past weekAfter last week's 30% share price gain to CN¥27.82, the stock trades at a trailing P/E ratio of 66x. Average trailing P/E is 34x in the Chemicals industry in China. Total returns to shareholders of 160% over the past three years.Reported Earnings • Oct 28Third quarter 2021 earnings released: EPS CN¥0.11 (vs CN¥0.04 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: CN¥184.7m (up 26% from 3Q 2020). Net income: CN¥22.6m (up 194% from 3Q 2020). Profit margin: 12% (up from 5.2% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 23% per year, which means it is well ahead of earnings.Valuation Update With 7 Day Price Move • Sep 29Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to CN¥19.07, the stock trades at a trailing P/E ratio of 48.5x. Average trailing P/E is 31x in the Chemicals industry in China. Total returns to shareholders of 63% over the past three years.Valuation Update With 7 Day Price Move • Aug 27Investor sentiment improved over the past weekAfter last week's 21% share price gain to CN¥24.06, the stock trades at a trailing P/E ratio of 60.3x. Average trailing P/E is 32x in the Chemicals industry in China. Total returns to shareholders of 96% over the past three years.Reported Earnings • Aug 15Second quarter 2021 earnings released: EPS CN¥0.13 (vs CN¥0.08 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CN¥208.2m (up 28% from 2Q 2020). Net income: CN¥24.0m (up 55% from 2Q 2020). Profit margin: 12% (up from 9.5% 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 3% per year but the company’s share price has increased by 21% per year, which means it is well ahead of earnings.Valuation Update With 7 Day Price Move • Aug 09Investor sentiment improved over the past weekAfter last week's 17% share price gain to CN¥20.02, the stock trades at a trailing P/E ratio of 57.1x. Average trailing P/E is 30x in the Chemicals industry in China. Total returns to shareholders of 62% over the past three years.Reported Earnings • Apr 20First quarter 2021 earnings released: EPS CN¥0.12 (vs CN¥0.11 in 1Q 2020)The company reported a solid first quarter result with improved earnings and revenues, although profit margins were weaker. First quarter 2021 results: Revenue: CN¥226.1m (up 25% from 1Q 2020). Net income: CN¥23.0m (up 11% from 1Q 2020). Profit margin: 10% (down from 11% in 1Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.Reported Earnings • Mar 24Full year 2020 earnings released: EPS CN¥0.34 (vs CN¥0.44 in FY 2019)The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: CN¥733.1m (down 3.7% from FY 2019). Net income: CN¥64.8m (down 22% from FY 2019). Profit margin: 8.8% (down from 11% in FY 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 3% per year whereas the company’s share price has increased by 6% per year.Is New 90 Day High Low • Mar 01New 90-day high: CN¥17.13The company is up 3.0% from its price of CN¥16.65 on 01 December 2020. The Chinese market is also up 3.0% over the last 90 days, indicating the company’s price trend is similar to the market over that time. However, it underperformed the Chemicals industry, which is up 13% over the same period.Is New 90 Day High Low • Jan 27New 90-day low: CN¥13.69The company is down 10.0% from its price of CN¥15.14 on 29 October 2020. The Chinese market is up 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 21% over the same period.Is New 90 Day High Low • Jan 11New 90-day low: CN¥14.17The company is down 11% from its price of CN¥15.85 on 13 October 2020. The Chinese market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 12% over the same period.Reported Earnings • Oct 30Third quarter earnings releasedOver the last 12 months the company has reported total profits of CN¥59.9m, down 20% from the prior year. Total revenue was CN¥673.7m over the last 12 months, down 6.6% from the prior year.Is New 90 Day High Low • Oct 30New 90-day low: CN¥14.43The company is down 27% from its price of CN¥19.70 on 31 July 2020. The Chinese market is down 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 2.0% over the same period.お知らせ • Oct 29Sanxiang Advanced Materials Co., Ltd. to Report Q3, 2020 Results on Oct 30, 2020Sanxiang Advanced Materials Co., Ltd. announced that they will report Q3, 2020 results on Oct 30, 2020Is New 90 Day High Low • Oct 04New 90-day low: CN¥14.90The company is down 1.0% from its price of CN¥15.04 on 06 July 2020. The Chinese market is up 4.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 11% over the same period.お知らせ • Sep 24Sanxiang Advanced Materials Co., Ltd. announced that it expects to receive CNY 220 million in fundingSanxiang Advanced Materials Co., Ltd. (SHSE:603663) announced a private placement of up to 57,732,756 A shares for the gross proceeds of up to CNY 220,000,000 on September 23, 2020. The transaction will include participation from not more than 35 investors. The company will issue shares at a price not less than 80% of the average price in the 20 trading days before the pricing reference date. The transaction has been approved by 19th extraordinary meeting of the 3rd supervisory board and 23rd extraordinary meeting of the company's 3rd directorate. The transaction is subject to approvals of the shareholders meeting and the China Securities Regulatory Commission. The shares cannot be transferred within 6 months from the issuance closing date.お知らせ • Jul 09Sanxiang Advanced Materials Co., Ltd. to Report First Half, 2020 Results on Aug 25, 2020Sanxiang Advanced Materials Co., Ltd. announced that they will report first half, 2020 results on Aug 25, 2020財務状況分析短期負債: 603663の 短期資産 ( CN¥863.6M ) が 短期負債 ( CN¥623.7M ) を超えています。長期負債: 603663の短期資産 ( CN¥863.6M ) が 長期負債 ( CN¥22.1M ) を上回っています。デット・ツー・エクイティの歴史と分析負債レベル: 603663の 純負債対資本比率 ( 5.4% ) は 満足できる 水準であると考えられます。負債の削減: 603663の負債対資本比率は、過去 5 年間で55.8%から16.8%に減少しました。債務返済能力: 603663の負債は 営業キャッシュフロー によって 十分にカバー されています ( 86.4% )。インタレストカバレッジ: 603663の負債に対する 利息支払い は EBIT ( 30.9 x coverage) によって 十分にカバーされています。貸借対照表健全な企業の発掘7D1Y7D1Y7D1YMaterials 業界の健全な企業。View Dividend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2026/05/17 03:35終値2026/05/15 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本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、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。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Sanxiang Advanced Materials Co., Ltd. 1 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。2 アナリスト機関Weichen WuCitic Securities Co., Ltd.Zhiqiang RenIndustrial Securities Co. Ltd.
分析記事 • Feb 08Sanxiang Advanced Materials (SHSE:603663) Has A Somewhat Strained Balance SheetLegendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
分析記事 • Oct 22Sanxiang Advanced Materials (SHSE:603663) Has A Somewhat Strained Balance SheetDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
分析記事 • Jun 04Is Sanxiang Advanced Materials (SHSE:603663) A Risky Investment?Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...
分析記事 • Feb 28We Think Sanxiang Advanced Materials (SHSE:603663) Can Stay On Top Of Its DebtSome say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
お知らせ • Apr 25Sanxiang Advanced Materials Co., Ltd., Annual General Meeting, May 28, 2026Sanxiang Advanced Materials Co., Ltd., Annual General Meeting, May 28, 2026, at 14:30 China Standard Time. Location: Sanxiang Nanyang Industrial Park, Shouning County, Ningde, Fujian China
Reported Earnings • Apr 25First quarter 2026 earnings released: EPS: CN¥0.09 (vs CN¥0.03 in 1Q 2025)First quarter 2026 results: EPS: CN¥0.09 (up from CN¥0.03 in 1Q 2025). Revenue: CN¥263.7m (up 14% from 1Q 2025). Net income: CN¥36.9m (up 173% from 1Q 2025). Profit margin: 14% (up from 5.9% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 36% p.a. on average during the next 2 years, compared to a 15% growth forecast for the Chemicals industry in China. Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has increased by 66% per year, which means it is well ahead of earnings.
Buy Or Sell Opportunity • Apr 14Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 21% to CN¥43.64. The fair value is estimated to be CN¥36.01, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 36%.
お知らせ • Mar 30Sanxiang Advanced Materials Co., Ltd. to Report Q1, 2026 Results on Apr 25, 2026Sanxiang Advanced Materials Co., Ltd. announced that they will report Q1, 2026 results on Apr 25, 2026
New Risk • Mar 16New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 7.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 3.4% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (7.9% average weekly change). Large one-off items impacting financial results.
Buy Or Sell Opportunity • Jan 27Now 23% overvalued after recent price riseOver the last 90 days, the stock has risen 58% to CN¥41.47. The fair value is estimated to be CN¥33.64, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 36%.
お知らせ • Dec 26Sanxiang Advanced Materials Co., Ltd. to Report Fiscal Year 2025 Results on Apr 25, 2026Sanxiang Advanced Materials Co., Ltd. announced that they will report fiscal year 2025 results on Apr 25, 2026
New Risk • Nov 14New 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 7.4% 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 Earnings have declined by 3.4% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (7.4% average weekly change). Large one-off items impacting financial results.
Buy Or Sell Opportunity • Oct 31Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 2.4% to CN¥26.05. The fair value is estimated to be CN¥32.71, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 36%.
Reported Earnings • Oct 30Third quarter 2025 earnings released: EPS: CN¥0.068 (vs CN¥0.032 in 3Q 2024)Third quarter 2025 results: EPS: CN¥0.068 (up from CN¥0.032 in 3Q 2024). Revenue: CN¥296.2m (up 22% from 3Q 2024). Net income: CN¥33.0m (up 133% from 3Q 2024). Profit margin: 11% (up from 5.8% in 3Q 2024). Revenue is forecast to grow 35% 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 36% per year but the company’s share price has increased by 38% per year, which means it is well ahead of earnings.
お知らせ • Sep 30Sanxiang Advanced Materials Co., Ltd. to Report Q3, 2025 Results on Oct 30, 2025Sanxiang Advanced Materials Co., Ltd. announced that they will report Q3, 2025 results on Oct 30, 2025
Reported Earnings • Aug 25Second quarter 2025 earnings released: EPS: CN¥0.086 (vs CN¥0.096 in 2Q 2024)Second quarter 2025 results: EPS: CN¥0.086 (down from CN¥0.096 in 2Q 2024). Revenue: CN¥331.2m (down 5.6% from 2Q 2024). Net income: CN¥31.4m (down 28% from 2Q 2024). Profit margin: 9.5% (down from 12% in 2Q 2024). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 34% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Chemicals industry in China. Over the last 3 years on average, earnings per share has fallen by 36% per year but the company’s share price has increased by 35% per year, which means it is well ahead of earnings.
Declared Dividend • Jul 07Dividend of CN¥0.075 announcedShareholders will receive a dividend of CN¥0.075. Ex-date: 10th July 2025 Payment date: 10th July 2025 Dividend yield will be 0.3%, which is lower than the industry average of 2.6%. Sustainability & Growth Dividend is covered by earnings (47% earnings payout ratio) but not covered by cash flows (dividend approximately 8x free cash flows). The dividend has increased by an average of 9.5% per year over the past 8 years and payments have been stable during that time. The company's earnings per share (EPS) would need to decline by 48% to shift the payout ratio to a potentially unsustainable range, which is more than the 6.4% EPS decline seen over the last 5 years.
お知らせ • Jun 30Sanxiang Advanced Materials Co., Ltd. to Report First Half, 2025 Results on Aug 22, 2025Sanxiang Advanced Materials Co., Ltd. announced that they will report first half, 2025 results on Aug 22, 2025
Reported Earnings • Apr 25First quarter 2025 earnings released: EPS: CN¥0.03 (vs CN¥0.05 in 1Q 2024)First quarter 2025 results: EPS: CN¥0.03 (down from CN¥0.05 in 1Q 2024). Revenue: CN¥230.8m (down 9.8% from 1Q 2024). Net income: CN¥13.5m (down 30% from 1Q 2024). Profit margin: 5.9% (down from 7.5% in 1Q 2024). Revenue is forecast to grow 41% p.a. on average during the next 2 years, compared to a 15% growth forecast for the Chemicals industry in China. Over the last 3 years on average, earnings per share has fallen by 29% per year but the company’s share price has increased by 50% per year, which means it is well ahead of earnings.
お知らせ • Apr 25Sanxiang Advanced Materials Co., Ltd., Annual General Meeting, May 28, 2025Sanxiang Advanced Materials Co., Ltd., Annual General Meeting, May 28, 2025, at 14:30 China Standard Time. Location: Sanxiang Nanyang Industrial Park, Shouning County, Ningde, Fujian China
お知らせ • Mar 28Sanxiang Advanced Materials Co., Ltd. to Report Q1, 2025 Results on Apr 25, 2025Sanxiang Advanced Materials Co., Ltd. announced that they will report Q1, 2025 results on Apr 25, 2025
New Risk • Mar 19New 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. This is currently the only risk that has been identified for the company.
分析記事 • Feb 26After Leaping 37% Sanxiang Advanced Materials Co., Ltd. (SHSE:603663) Shares Are Not Flying Under The RadarThe Sanxiang Advanced Materials Co., Ltd. ( SHSE:603663 ) share price has done very well over the last month, posting...
分析記事 • Feb 08Sanxiang Advanced Materials (SHSE:603663) Has A Somewhat Strained Balance SheetLegendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
お知らせ • Dec 27Sanxiang Advanced Materials Co., Ltd. to Report Fiscal Year 2024 Results on Apr 25, 2025Sanxiang Advanced Materials Co., Ltd. announced that they will report fiscal year 2024 results on Apr 25, 2025
分析記事 • Dec 24Sanxiang Advanced Materials (SHSE:603663) Will Be Hoping To Turn Its Returns On Capital AroundIf we want to find a potential multi-bagger, often there are underlying trends that can provide clues. One common...
分析記事 • Nov 11Sanxiang Advanced Materials Co., Ltd. (SHSE:603663) Stocks Shoot Up 28% But Its P/S Still Looks ReasonableDespite an already strong run, Sanxiang Advanced Materials Co., Ltd. ( SHSE:603663 ) shares have been powering on, with...
Reported Earnings • Oct 30Third quarter 2024 earnings released: EPS: CN¥0.032 (vs CN¥0.006 in 3Q 2023)Third quarter 2024 results: EPS: CN¥0.032 (up from CN¥0.006 in 3Q 2023). Revenue: CN¥243.4m (down 1.5% from 3Q 2023). Net income: CN¥14.2m (up 457% from 3Q 2023). Profit margin: 5.8% (up from 1.0% in 3Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 30% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Chemicals industry in China. Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has increased by 20% per year, which means it is well ahead of earnings.
分析記事 • Oct 22Sanxiang Advanced Materials (SHSE:603663) Has A Somewhat Strained Balance SheetDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
お知らせ • Sep 30Sanxiang Advanced Materials Co., Ltd. to Report Q3, 2024 Results on Oct 30, 2024Sanxiang Advanced Materials Co., Ltd. announced that they will report Q3, 2024 results on Oct 30, 2024
分析記事 • Sep 27Sanxiang Advanced Materials Co., Ltd.'s (SHSE:603663) Earnings Haven't Escaped The Attention Of InvestorsSanxiang Advanced Materials Co., Ltd.'s ( SHSE:603663 ) price-to-sales (or "P/S") ratio of 5.5x may look like a poor...
分析記事 • Aug 30Some Investors May Be Willing To Look Past Sanxiang Advanced Materials' (SHSE:603663) Soft EarningsThe market for Sanxiang Advanced Materials Co., Ltd.'s ( SHSE:603663 ) shares didn't move much after it posted weak...
Reported Earnings • Aug 24Second quarter 2024 earnings released: EPS: CN¥0.096 (vs CN¥0.10 in 2Q 2023)Second quarter 2024 results: EPS: CN¥0.096. Revenue: CN¥350.9m (up 18% from 2Q 2023). Net income: CN¥43.5m (flat on 2Q 2023). Profit margin: 12% (down from 15% in 2Q 2023). Revenue is forecast to grow 28% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Chemicals industry in China.
お知らせ • Jun 29Sanxiang Advanced Materials Co., Ltd. to Report First Half, 2024 Results on Aug 24, 2024Sanxiang Advanced Materials Co., Ltd. announced that they will report first half, 2024 results on Aug 24, 2024
分析記事 • Jun 09Sanxiang Advanced Materials Co., Ltd.'s (SHSE:603663) 25% Dip Still Leaving Some Shareholders Feeling Restless Over Its P/SRatioThe Sanxiang Advanced Materials Co., Ltd. ( SHSE:603663 ) share price has softened a substantial 25% over the previous...
分析記事 • Jun 04Is Sanxiang Advanced Materials (SHSE:603663) A Risky Investment?Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...
分析記事 • Apr 23Subdued Growth No Barrier To Sanxiang Advanced Materials Co., Ltd. (SHSE:603663) With Shares Advancing 48%Sanxiang Advanced Materials Co., Ltd. ( SHSE:603663 ) shareholders would be excited to see that the share price has had...
お知らせ • Apr 21Sanxiang Advanced Materials Co., Ltd., Annual General Meeting, May 22, 2024Sanxiang Advanced Materials Co., Ltd., Annual General Meeting, May 22, 2024, at 14:00 China Standard Time. Location: The Company's Meeting Room, Ningde, Fujian China
Reported Earnings • Apr 20First quarter 2024 earnings released: EPS: CN¥0.05 (vs CN¥0.086 in 1Q 2023)First quarter 2024 results: EPS: CN¥0.05 (down from CN¥0.086 in 1Q 2023). Revenue: CN¥255.8m (down 14% from 1Q 2023). Net income: CN¥19.3m (down 47% from 1Q 2023). Profit margin: 7.5% (down from 12% in 1Q 2023). Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 34% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • Apr 16Investor sentiment deteriorates as stock falls 24%After last week's 24% share price decline to CN¥15.37, the stock trades at a trailing P/E ratio of 61.8x. Average trailing P/E is 28x in the Chemicals industry in China. Total returns to shareholders of 108% over the past three years.
お知らせ • Mar 29Sanxiang Advanced Materials Co., Ltd. to Report Q1, 2024 Results on Apr 27, 2024Sanxiang Advanced Materials Co., Ltd. announced that they will report Q1, 2024 results on Apr 27, 2024
Valuation Update With 7 Day Price Move • Mar 28Investor sentiment improves as stock rises 22%After last week's 22% share price gain to CN¥13.56, the stock trades at a trailing P/E ratio of 54.5x. Average trailing P/E is 28x in the Chemicals industry in China. Total returns to shareholders of 88% over the past three years.
分析記事 • Mar 27Capital Allocation Trends At Sanxiang Advanced Materials (SHSE:603663) Aren't IdealTo find a multi-bagger stock, what are the underlying trends we should look for in a business? Ideally, a business will...
分析記事 • Mar 06There's Reason For Concern Over Sanxiang Advanced Materials Co., Ltd.'s (SHSE:603663) Massive 31% Price JumpSanxiang Advanced Materials Co., Ltd. ( SHSE:603663 ) shareholders would be excited to see that the share price has had...
分析記事 • Feb 28We Think Sanxiang Advanced Materials (SHSE:603663) Can Stay On Top Of Its DebtSome say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Valuation Update With 7 Day Price Move • Jan 24Investor sentiment improves as stock rises 17%After last week's 17% share price gain to CN¥12.95, the stock trades at a trailing P/E ratio of 52.1x. Average trailing P/E is 30x in the Chemicals industry in China. Total returns to shareholders of 89% over the past three years.
お知らせ • Dec 30Sanxiang Advanced Materials Co., Ltd. to Report Fiscal Year 2023 Results on Apr 20, 2024Sanxiang Advanced Materials Co., Ltd. announced that they will report fiscal year 2023 results on Apr 20, 2024
New Risk • Nov 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 6.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (6.9% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (9.7% net profit margin).
Valuation Update With 7 Day Price Move • Nov 21Investor sentiment improves as stock rises 25%After last week's 25% share price gain to CN¥11.73, the stock trades at a trailing P/E ratio of 47.2x. Average forward P/E is 16x in the Chemicals industry in China. Total returns to shareholders of 35% over the past three years.
New Risk • Oct 29New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 9.7% Last year net profit margin: 18% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Paying a dividend despite having no free cash flows. Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (9.7% net profit margin).
Reported Earnings • Aug 18Second quarter 2023 earnings released: EPS: CN¥0.23 (vs CN¥0.12 in 2Q 2022)Second quarter 2023 results: EPS: CN¥0.23. Revenue: CN¥297.0m (up 6.0% from 2Q 2022). Net income: CN¥43.4m (down 16% from 2Q 2022). Profit margin: 15% (down from 19% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 26% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Chemicals industry in China.
Valuation Update With 7 Day Price Move • Jul 13Investor sentiment deteriorates as stock falls 30%After last week's 30% share price decline to CN¥11.31, the stock trades at a trailing P/E ratio of 21.9x. Average forward P/E is 16x in the Chemicals industry in China. Total loss to shareholders of 2.7% over the past three years.
お知らせ • Jun 28Sanxiang Advanced Materials Co., Ltd. to Report First Half, 2023 Results on Aug 18, 2023Sanxiang Advanced Materials Co., Ltd. announced that they will report first half, 2023 results on Aug 18, 2023
Reported Earnings • Apr 23Full year 2022 earnings released: EPS: CN¥0.50 (vs CN¥0.36 in FY 2021)Full year 2022 results: EPS: CN¥0.50 (up from CN¥0.36 in FY 2021). Revenue: CN¥972.3m (up 23% from FY 2021). Net income: CN¥150.9m (up 50% from FY 2021). Profit margin: 16% (up from 13% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 23% per year whereas the company’s share price has increased by 18% per year.
Valuation Update With 7 Day Price Move • Feb 02Investor sentiment improves as stock rises 17%After last week's 17% share price gain to CN¥16.06, the stock trades at a trailing P/E ratio of 30.7x. Average trailing P/E is 30x in the Chemicals industry in China. Total returns to shareholders of 103% over the past three years.
Board Change • Nov 16No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 8 experienced directors. No highly experienced directors. No independent directors (6 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.
Reported Earnings • Oct 23Third quarter 2022 earnings released: EPS: CN¥0.15 (vs CN¥0.079 in 3Q 2021)Third quarter 2022 results: EPS: CN¥0.15 (up from CN¥0.079 in 3Q 2021). Revenue: CN¥269.8m (up 46% from 3Q 2021). Net income: CN¥45.2m (up 100% from 3Q 2021). Profit margin: 17% (up from 12% in 3Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Oct 14Investor sentiment improved over the past weekAfter last week's 16% share price gain to CN¥15.09, the stock trades at a trailing P/E ratio of 33.6x. Average trailing P/E is 26x in the Chemicals industry in China. Total returns to shareholders of 60% over the past three years.
Reported Earnings • Aug 05Second quarter 2022 earnings released: EPS: CN¥0.40 (vs CN¥0.093 in 2Q 2021)Second quarter 2022 results: EPS: CN¥0.40 (up from CN¥0.093 in 2Q 2021). Revenue: CN¥280.1m (up 35% from 2Q 2021). Net income: CN¥51.7m (up 116% from 2Q 2021). Profit margin: 19% (up from 12% in 2Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 16% per year whereas the company’s share price has increased by 18% per year.
Valuation Update With 7 Day Price Move • Jun 28Investor sentiment improved over the past weekAfter last week's 19% share price gain to CN¥22.03, the stock trades at a trailing P/E ratio of 44.1x. Average trailing P/E is 29x in the Chemicals industry in China. Total returns to shareholders of 61% over the past three years.
Valuation Update With 7 Day Price Move • Jun 06Investor sentiment improved over the past weekAfter last week's 22% share price gain to CN¥19.45, the stock trades at a trailing P/E ratio of 38.7x. Average trailing P/E is 26x in the Chemicals industry in China. Total returns to shareholders of 27% over the past three years.
Reported Earnings • Apr 29First quarter 2022 earnings released: EPS: CN¥0.14 (vs CN¥0.12 in 1Q 2021)First quarter 2022 results: EPS: CN¥0.14 (up from CN¥0.12 in 1Q 2021). Revenue: CN¥181.8m (down 20% from 1Q 2021). Net income: CN¥30.5m (up 32% from 1Q 2021). Profit margin: 17% (up from 10% in 1Q 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has remained flat, which means it is significantly lagging 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. 12 experienced directors. No highly experienced directors. 3 independent directors (6 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Valuation Update With 7 Day Price Move • Mar 09Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to CN¥17.85, the stock trades at a trailing P/E ratio of 42.3x. Average trailing P/E is 30x in the Chemicals industry in China. Total returns to shareholders of 32% over the past three years.
Valuation Update With 7 Day Price Move • Dec 31Investor sentiment improved over the past weekAfter last week's 17% share price gain to CN¥27.75, the stock trades at a trailing P/E ratio of 65.8x. Average trailing P/E is 35x in the Chemicals industry in China. Total returns to shareholders of 123% over the past three years.
Valuation Update With 7 Day Price Move • Dec 14Investor sentiment improved over the past weekAfter last week's 30% share price gain to CN¥27.82, the stock trades at a trailing P/E ratio of 66x. Average trailing P/E is 34x in the Chemicals industry in China. Total returns to shareholders of 160% over the past three years.
Reported Earnings • Oct 28Third quarter 2021 earnings released: EPS CN¥0.11 (vs CN¥0.04 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: CN¥184.7m (up 26% from 3Q 2020). Net income: CN¥22.6m (up 194% from 3Q 2020). Profit margin: 12% (up from 5.2% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 23% per year, which means it is well ahead of earnings.
Valuation Update With 7 Day Price Move • Sep 29Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to CN¥19.07, the stock trades at a trailing P/E ratio of 48.5x. Average trailing P/E is 31x in the Chemicals industry in China. Total returns to shareholders of 63% over the past three years.
Valuation Update With 7 Day Price Move • Aug 27Investor sentiment improved over the past weekAfter last week's 21% share price gain to CN¥24.06, the stock trades at a trailing P/E ratio of 60.3x. Average trailing P/E is 32x in the Chemicals industry in China. Total returns to shareholders of 96% over the past three years.
Reported Earnings • Aug 15Second quarter 2021 earnings released: EPS CN¥0.13 (vs CN¥0.08 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CN¥208.2m (up 28% from 2Q 2020). Net income: CN¥24.0m (up 55% from 2Q 2020). Profit margin: 12% (up from 9.5% 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 3% per year but the company’s share price has increased by 21% per year, which means it is well ahead of earnings.
Valuation Update With 7 Day Price Move • Aug 09Investor sentiment improved over the past weekAfter last week's 17% share price gain to CN¥20.02, the stock trades at a trailing P/E ratio of 57.1x. Average trailing P/E is 30x in the Chemicals industry in China. Total returns to shareholders of 62% over the past three years.
Reported Earnings • Apr 20First quarter 2021 earnings released: EPS CN¥0.12 (vs CN¥0.11 in 1Q 2020)The company reported a solid first quarter result with improved earnings and revenues, although profit margins were weaker. First quarter 2021 results: Revenue: CN¥226.1m (up 25% from 1Q 2020). Net income: CN¥23.0m (up 11% from 1Q 2020). Profit margin: 10% (down from 11% in 1Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.
Reported Earnings • Mar 24Full year 2020 earnings released: EPS CN¥0.34 (vs CN¥0.44 in FY 2019)The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: CN¥733.1m (down 3.7% from FY 2019). Net income: CN¥64.8m (down 22% from FY 2019). Profit margin: 8.8% (down from 11% in FY 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 3% per year whereas the company’s share price has increased by 6% per year.
Is New 90 Day High Low • Mar 01New 90-day high: CN¥17.13The company is up 3.0% from its price of CN¥16.65 on 01 December 2020. The Chinese market is also up 3.0% over the last 90 days, indicating the company’s price trend is similar to the market over that time. However, it underperformed the Chemicals industry, which is up 13% over the same period.
Is New 90 Day High Low • Jan 27New 90-day low: CN¥13.69The company is down 10.0% from its price of CN¥15.14 on 29 October 2020. The Chinese market is up 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 21% over the same period.
Is New 90 Day High Low • Jan 11New 90-day low: CN¥14.17The company is down 11% from its price of CN¥15.85 on 13 October 2020. The Chinese market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 12% over the same period.
Reported Earnings • Oct 30Third quarter earnings releasedOver the last 12 months the company has reported total profits of CN¥59.9m, down 20% from the prior year. Total revenue was CN¥673.7m over the last 12 months, down 6.6% from the prior year.
Is New 90 Day High Low • Oct 30New 90-day low: CN¥14.43The company is down 27% from its price of CN¥19.70 on 31 July 2020. The Chinese market is down 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 2.0% over the same period.
お知らせ • Oct 29Sanxiang Advanced Materials Co., Ltd. to Report Q3, 2020 Results on Oct 30, 2020Sanxiang Advanced Materials Co., Ltd. announced that they will report Q3, 2020 results on Oct 30, 2020
Is New 90 Day High Low • Oct 04New 90-day low: CN¥14.90The company is down 1.0% from its price of CN¥15.04 on 06 July 2020. The Chinese market is up 4.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 11% over the same period.
お知らせ • Sep 24Sanxiang Advanced Materials Co., Ltd. announced that it expects to receive CNY 220 million in fundingSanxiang Advanced Materials Co., Ltd. (SHSE:603663) announced a private placement of up to 57,732,756 A shares for the gross proceeds of up to CNY 220,000,000 on September 23, 2020. The transaction will include participation from not more than 35 investors. The company will issue shares at a price not less than 80% of the average price in the 20 trading days before the pricing reference date. The transaction has been approved by 19th extraordinary meeting of the 3rd supervisory board and 23rd extraordinary meeting of the company's 3rd directorate. The transaction is subject to approvals of the shareholders meeting and the China Securities Regulatory Commission. The shares cannot be transferred within 6 months from the issuance closing date.
お知らせ • Jul 09Sanxiang Advanced Materials Co., Ltd. to Report First Half, 2020 Results on Aug 25, 2020Sanxiang Advanced Materials Co., Ltd. announced that they will report first half, 2020 results on Aug 25, 2020