View ValuationFriendLtd 将来の成長Future 基準チェック /06現在、 FriendLtdの成長と収益を予測するのに十分なアナリストの調査がありません。主要情報n/a収益成長率n/aEPS成長率Metals and Mining 収益成長25.3%収益成長率n/a将来の株主資本利益率n/aアナリストカバレッジNone最終更新日n/a今後の成長に関する最新情報更新なしすべての更新を表示Recent updatesNew Risk • May 01New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 22% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (22% accrual ratio). Minor Risk Paying a dividend despite having no free cash flows.Reported Earnings • Apr 17Full year 2025 earnings released: EPS: CN¥0.76 (vs CN¥0.64 in FY 2024)Full year 2025 results: EPS: CN¥0.76 (up from CN¥0.64 in FY 2024). Revenue: CN¥11.8b (up 4.3% from FY 2024). Net income: CN¥375.5m (up 19% from FY 2024). Profit margin: 3.2% (up from 2.8% in FY 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 2% per year whereas the company’s share price has increased by 2% per year.お知らせ • Apr 17Friend Co.,Ltd., Annual General Meeting, May 21, 2026Friend Co.,Ltd., Annual General Meeting, May 21, 2026, at 14:30 China Standard Time. Location: The Company's Meeting Room, Shanghai Chinaお知らせ • Mar 30Friend Co.,Ltd. to Report Q1, 2026 Results on Apr 30, 2026Friend Co.,Ltd. announced that they will report Q1, 2026 results on Apr 30, 2026Valuation Update With 7 Day Price Move • Mar 25Investor sentiment improves as stock rises 17%After last week's 17% share price gain to CN¥14.49, the stock trades at a trailing P/E ratio of 19.1x. Average trailing P/E is 38x in the Metals and Mining industry in China. Total returns to shareholders of 26% over the past three years.Reported Earnings • Mar 05Full year 2025 earnings released: EPS: CN¥0.76 (vs CN¥0.64 in FY 2024)Full year 2025 results: EPS: CN¥0.76 (up from CN¥0.64 in FY 2024). Revenue: CN¥11.8b (up 4.5% from FY 2024). Net income: CN¥373.1m (up 18% from FY 2024). Profit margin: 3.2% (up from 2.8% in FY 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 2% per year whereas the company’s share price has fallen by 1% per year.New Risk • Feb 02New minor risk - Dividend sustainabilityThe dividend is not well covered by cash flows. The company is paying a dividend despite having no free cash flows. Dividend yield: 2.6% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (21% accrual ratio). Minor Risk Paying a dividend despite having no free cash flows.お知らせ • Dec 26Friend Co.,Ltd. to Report Fiscal Year 2025 Results on Apr 17, 2026Friend Co.,Ltd. announced that they will report fiscal year 2025 results on Apr 17, 2026Board Change • Dec 11Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Chen Yudong was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • Oct 31Third quarter 2025 earnings released: EPS: CN¥0.18 (vs CN¥0.17 in 3Q 2024)Third quarter 2025 results: EPS: CN¥0.18 (up from CN¥0.17 in 3Q 2024). Revenue: CN¥3.02b (up 10% from 3Q 2024). Net income: CN¥90.0m (up 6.3% from 3Q 2024). Profit margin: 3.0% (down from 3.1% in 3Q 2024). 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 whereas the company’s share price has fallen by 1% per year.お知らせ • Sep 30Friend Co.,Ltd. to Report Q3, 2025 Results on Oct 31, 2025Friend Co.,Ltd. announced that they will report Q3, 2025 results on Oct 31, 2025Buy Or Sell Opportunity • Sep 10Now 20% undervaluedOver the last 90 days, the stock has risen 50% to CN¥20.06. The fair value is estimated to be CN¥25.12, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.0% over the last 3 years, while earnings per share has been flat.New Risk • Sep 05New 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. This is currently the only risk that has been identified for the company.Valuation Update With 7 Day Price Move • Sep 04Investor sentiment improves as stock rises 15%After last week's 15% share price gain to CN¥17.10, the stock trades at a trailing P/E ratio of 23.8x. Average trailing P/E is 36x in the Metals and Mining industry in China. Total returns to shareholders of 26% over the past three years.Reported Earnings • Aug 27Second quarter 2025 earnings released: EPS: CN¥0.13 (vs CN¥0.082 in 2Q 2024)Second quarter 2025 results: EPS: CN¥0.13 (up from CN¥0.082 in 2Q 2024). Revenue: CN¥2.78b (up 2.5% from 2Q 2024). Net income: CN¥62.5m (up 53% from 2Q 2024). Profit margin: 2.3% (up from 1.5% in 2Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 1% per year whereas the company’s share price has increased by 3% per year.Valuation Update With 7 Day Price Move • Aug 15Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to CN¥15.13, the stock trades at a trailing P/E ratio of 22.5x. Average trailing P/E is 34x in the Metals and Mining industry in China. Total loss to shareholders of 7.7% over the past three years.お知らせ • Jun 30Friend Co.,Ltd. to Report First Half, 2025 Results on Aug 26, 2025Friend Co.,Ltd. announced that they will report first half, 2025 results on Aug 26, 2025Reported Earnings • Apr 27Full year 2024 earnings released: EPS: CN¥0.63 (vs CN¥0.85 in FY 2023)Full year 2024 results: EPS: CN¥0.63 (down from CN¥0.85 in FY 2023). Revenue: CN¥11.3b (up 16% from FY 2023). Net income: CN¥309.5m (down 26% from FY 2023). Profit margin: 2.7% (down from 4.3% in FY 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has remained flat whereas the company’s share price has increased by 1% per year.お知らせ • Apr 26Friend Co.,Ltd., Annual General Meeting, May 27, 2025Friend Co.,Ltd., Annual General Meeting, May 27, 2025, at 14:30 China Standard Time. Location: 9F, East Building, No. 55, Fuqiao Road, Baoshan District, Shanghai ChinaNew Risk • Apr 04New major risk - Dividend sustainabilityThe dividend is not well covered by earnings and cash flows. Payout ratio: 95% The company is paying a dividend despite having no free cash flows. Dividend yield: 1.9% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough 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. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk Dividend is not well covered by earnings and cash flows. Payout ratio: 95% Paying a dividend despite having no free cash flows. Minor Risk Profit margins are more than 30% lower than last year (2.7% net profit margin).お知らせ • Mar 28Friend Co.,Ltd. to Report Q1, 2025 Results on Apr 30, 2025Friend Co.,Ltd. announced that they will report Q1, 2025 results on Apr 30, 2025Reported Earnings • Mar 02Full year 2024 earnings released: EPS: CN¥0.63 (vs CN¥0.85 in FY 2023)Full year 2024 results: EPS: CN¥0.63 (down from CN¥0.85 in FY 2023). Revenue: CN¥11.3b (up 16% from FY 2023). Net income: CN¥309.5m (down 26% from FY 2023). Profit margin: 2.7% (down from 4.3% in FY 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has remained flat whereas the company’s share price has fallen by 5% per year.分析記事 • Feb 26Be Wary Of FriendLtd (SHSE:605050) And Its Returns On CapitalIf we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...お知らせ • Dec 27Friend Co.,Ltd. to Report Fiscal Year 2024 Results on Apr 26, 2025Friend Co.,Ltd. announced that they will report fiscal year 2024 results on Apr 26, 2025お知らせ • Dec 25Friend Co.,Ltd. (SHSE:605050) announces an Equity Buyback for CNY 80 million worth of its shares.Friend Co.,Ltd. (SHSE:605050) announces a share repurchase program. Under the program, the company will repurchase up to CNY 80 million worth of its shares. The shares will be repurchased at no more than CNY 15.03 per Share. The purpose of the program is to use the repurchased shares for ESOP or equity incentives. The program will be funded from own funds and special bank loans for the share repurchase. The plan will be valid for 12 months.分析記事 • Nov 26These 4 Measures Indicate That FriendLtd (SHSE:605050) Is Using Debt ExtensivelyDavid 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 30Friend Co.,Ltd. to Report Q3, 2024 Results on Oct 31, 2024Friend Co.,Ltd. announced that they will report Q3, 2024 results on Oct 31, 2024Reported Earnings • Aug 30Second quarter 2024 earnings released: EPS: CN¥0.082 (vs CN¥0.19 in 2Q 2023)Second quarter 2024 results: EPS: CN¥0.082 (down from CN¥0.19 in 2Q 2023). Revenue: CN¥2.71b (up 18% from 2Q 2023). Net income: CN¥40.8m (down 56% from 2Q 2023). Profit margin: 1.5% (down from 4.1% in 2Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has fallen by 10% per year, which means it is performing significantly worse than earnings.Buy Or Sell Opportunity • Aug 06Now 21% overvaluedOver the last 90 days, the stock has fallen 23% to CN¥8.27. The fair value is estimated to be CN¥6.85, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 4.4% over the last 3 years, while earnings per share has been flat.お知らせ • Jun 28Friend Co.,Ltd. to Report First Half, 2024 Results on Aug 31, 2024Friend Co.,Ltd. announced that they will report first half, 2024 results on Aug 31, 2024お知らせ • May 01Friend Co.,Ltd., Annual General Meeting, May 20, 2024Friend Co.,Ltd., Annual General Meeting, May 20, 2024, at 14:30 China Standard Time. Location: The Company's Meeting Room, Shanghai ChinaReported Earnings • Apr 30First quarter 2024 earnings released: EPS: CN¥0.16 (vs CN¥0.17 in 1Q 2023)First quarter 2024 results: EPS: CN¥0.16 (down from CN¥0.17 in 1Q 2023). Revenue: CN¥2.39b (up 12% from 1Q 2023). Net income: CN¥76.7m (down 10% from 1Q 2023). Profit margin: 3.2% (down from 4.0% in 1Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 19% p.a. on average during the next 2 years, compared to a 10% growth forecast for the Metals and Mining industry in China. Over the last 3 years on average, earnings per share has fallen by 2% per year whereas the company’s share price has fallen by 1% per year.分析記事 • Apr 22FriendLtd's (SHSE:605050) Shareholders May Want To Dig Deeper Than Statutory ProfitFriend Co.,Ltd.'s ( SHSE:605050 ) robust recent earnings didn't do much to move the stock. We believe that shareholders...Reported Earnings • Apr 18Full year 2023 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2023 results: EPS: CN¥0.85 (up from CN¥0.70 in FY 2022). Revenue: CN¥9.76b (down 5.6% from FY 2022). Net income: CN¥417.3m (up 37% from FY 2022). Profit margin: 4.3% (up from 2.9% in FY 2022). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 3.1%. Earnings per share (EPS) exceeded analyst estimates by 3.7%. Revenue is forecast to grow 18% p.a. on average during the next 2 years, compared to a 9.8% growth forecast for the Metals and Mining industry in China. Over the last 3 years on average, earnings per share has fallen by 4% per year whereas the company’s share price has fallen by 2% per year.お知らせ • Mar 29Friend Co.,Ltd. to Report Q1, 2024 Results on Apr 30, 2024Friend Co.,Ltd. announced that they will report Q1, 2024 results on Apr 30, 2024分析記事 • Mar 08Friend Co.,Ltd.'s (SHSE:605050) Share Price Boosted 26% But Its Business Prospects Need A Lift TooFriend Co.,Ltd. ( SHSE:605050 ) shareholders are no doubt pleased to see that the share price has bounced 26% in the...Reported Earnings • Feb 28Full year 2023 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2023 results: EPS: CN¥0.84 (up from CN¥0.70 in FY 2022). Revenue: CN¥9.78b (down 5.4% from FY 2022). Net income: CN¥417.1m (up 37% from FY 2022). Profit margin: 4.3% (up from 2.9% in FY 2022). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 2.9%. Earnings per share (EPS) exceeded analyst estimates by 2.4%. Revenue is forecast to grow 18% p.a. on average during the next 2 years, compared to a 11% growth forecast for the Metals and Mining industry in China. Over the last 3 years on average, earnings per share has fallen by 5% per year whereas the company’s share price has fallen by 1% per year.Valuation Update With 7 Day Price Move • Feb 26Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CN¥11.35, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 12x in the Metals and Mining industry in China. Total returns to shareholders of 7.2% over the past three years.Valuation Update With 7 Day Price Move • Feb 02Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to CN¥9.63, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 12x in the Metals and Mining industry in China. Total loss to shareholders of 5.4% over the past three years.お知らせ • Dec 30Friend Co.,Ltd. to Report Fiscal Year 2023 Results on Apr 16, 2024Friend Co.,Ltd. announced that they will report fiscal year 2023 results on Apr 16, 2024Reported Earnings • Oct 26Third quarter 2023 earnings released: EPS: CN¥0.24 (vs CN¥0.18 in 3Q 2022)Third quarter 2023 results: EPS: CN¥0.24 (up from CN¥0.18 in 3Q 2022). Revenue: CN¥2.53b (down 14% from 3Q 2022). Net income: CN¥115.2m (up 46% from 3Q 2022). Profit margin: 4.5% (up from 2.7% in 3Q 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 5% per year whereas the company’s share price has fallen by 3% per year.Reported Earnings • Aug 23Second quarter 2023 earnings released: EPS: CN¥0.19 (vs CN¥0.15 in 2Q 2022)Second quarter 2023 results: EPS: CN¥0.19 (up from CN¥0.15 in 2Q 2022). Revenue: CN¥2.30b (up 9.2% from 2Q 2022). Net income: CN¥93.6m (up 48% from 2Q 2022). Profit margin: 4.1% (up from 3.0% in 2Q 2022). The increase in margin was driven by higher revenue.お知らせ • Jun 28Friend Co.,Ltd. to Report Q2, 2023 Results on Aug 23, 2023Friend Co.,Ltd. announced that they will report Q2, 2023 results on Aug 23, 2023Reported Earnings • Apr 18Full year 2022 earnings released: EPS: CN¥0.70 (vs CN¥0.78 in FY 2021)Full year 2022 results: EPS: CN¥0.70 (down from CN¥0.78 in FY 2021). Revenue: CN¥10.3b (up 3.9% from FY 2021). Net income: CN¥305.0m (down 9.8% from FY 2021). Profit margin: 2.9% (down from 3.4% in FY 2021). The decrease in margin was driven by higher expenses.Reported Earnings • Mar 02Full year 2022 earnings released: EPS: CN¥0.69 (vs CN¥0.78 in FY 2021)Full year 2022 results: EPS: CN¥0.69 (down from CN¥0.78 in FY 2021). Revenue: CN¥10.3b (up 3.9% from FY 2021). Net income: CN¥302.0m (down 11% from FY 2021). Profit margin: 2.9% (down from 3.4% in FY 2021). The decrease in margin was driven by higher expenses.お知らせ • Jan 11Friend Co.,Ltd. announced that it has received CNY 649.999994 million in funding from Nuode Asset Management Co., Ltd., Caitong Fund Management Co., Ltd., UBS Group AG and other investorsOn January 9, 2023, Friend Co.,Ltd. closed the transaction. The company has issued 57,829,181 shares at Issue price 11.24 per share for proceeds of CNY 649,999,994.44. The company has paid issuance fee of CNY 5,734,490.14 and received net proceeds of CNY 644,265,504.30. The transaction included participation from Nuode Asset Management Co., Ltd., Caitong Fund Management Co., Ltd, UBS Group AG, and other investors.Board Change • Nov 16Less 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. 5 experienced directors. No highly experienced directors. 2 independent directors (3 non-independent directors). Independent Director Dongdong Dong was the last independent director to join the board, commencing their role in 2018. 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 31Third quarter 2022 earnings released: EPS: CN¥0.18 (vs CN¥0.15 in 3Q 2021)Third quarter 2022 results: EPS: CN¥0.18 (up from CN¥0.15 in 3Q 2021). Revenue: CN¥2.96b (up 15% from 3Q 2021). Net income: CN¥78.9m (up 19% from 3Q 2021). Profit margin: 2.7% (up from 2.6% in 3Q 2021). The increase in margin was driven by higher revenue.Valuation Update With 7 Day Price Move • Aug 29Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to CN¥16.33, the stock trades at a trailing P/E ratio of 24.9x. Average trailing P/E is 30x in the Metals and Mining industry in China. Total returns to shareholders of 53% over the past year.Reported Earnings • Aug 24Second quarter 2022 earnings released: EPS: CN¥0.15 (vs CN¥0.23 in 2Q 2021)Second quarter 2022 results: EPS: CN¥0.15 (down from CN¥0.23 in 2Q 2021). Revenue: CN¥2.11b (down 10.0% from 2Q 2021). Net income: CN¥63.3m (down 38% from 2Q 2021). Profit margin: 3.0% (down from 4.4% in 2Q 2021). The decrease in margin was driven by lower revenue.Valuation Update With 7 Day Price Move • Jul 20Investor sentiment improved over the past weekAfter last week's 25% share price gain to CN¥17.08, the stock trades at a trailing P/E ratio of 23x. Average trailing P/E is 30x in the Metals and Mining industry in China. Total returns to shareholders of 62% over the past year.Valuation Update With 7 Day Price Move • Jun 28Investor sentiment improved over the past weekAfter last week's 23% share price gain to CN¥15.45, the stock trades at a trailing P/E ratio of 20.8x. Average trailing P/E is 30x in the Metals and Mining industry in China. Total returns to shareholders of 47% over the past year.Valuation Update With 7 Day Price Move • Jun 07Investor sentiment improved over the past weekAfter last week's 20% share price gain to CN¥13.16, the stock trades at a trailing P/E ratio of 17.7x. Average trailing P/E is 28x in the Metals and Mining industry in China. Total returns to shareholders of 21% over the past year.Reported Earnings • May 02First quarter 2022 earnings released: EPS: CN¥0.16 (vs CN¥0.20 in 1Q 2021)First quarter 2022 results: EPS: CN¥0.16 (down from CN¥0.20 in 1Q 2021). Revenue: CN¥2.47b (up 15% from 1Q 2021). Net income: CN¥70.4m (down 17% from 1Q 2021). Profit margin: 2.8% (down from 3.9% in 1Q 2021). The decrease in margin was driven by higher expenses.Valuation Update With 7 Day Price Move • Apr 29Investor sentiment deteriorated over the past weekAfter last week's 22% share price decline to CN¥10.77, the stock trades at a trailing P/E ratio of 13.9x. Average trailing P/E is 22x in the Metals and Mining industry in China. Total loss to shareholders of 3.8% over the past year.Board Change • Apr 27No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. No highly experienced directors. No independent directors (3 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 • Mar 04Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: CN¥0.78 (down from CN¥0.81 in FY 2020). Revenue: CN¥9.95b (up 49% from FY 2020). Net income: CN¥338.6m (up 10% from FY 2020). Profit margin: 3.4% (down from 4.6% in FY 2020). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates.Valuation Update With 7 Day Price Move • Dec 16Investor sentiment improved over the past weekAfter last week's 42% share price gain to CN¥18.79, the stock trades at a trailing P/E ratio of 22.5x. Average trailing P/E is 30x in the Metals and Mining industry in China. Total returns to shareholders of 68% over the past year.Valuation Update With 7 Day Price Move • Dec 01Investor sentiment improved over the past weekAfter last week's 16% share price gain to CN¥13.17, the stock trades at a trailing P/E ratio of 15.8x. Average trailing P/E is 33x in the Metals and Mining industry in China. Total returns to shareholders of 8.5% over the past year.Reported Earnings • Oct 31Third quarter 2021 earnings released: EPS CN¥0.15 (vs CN¥0.24 in 3Q 2020)The company reported a mediocre third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: CN¥2.57b (up 42% from 3Q 2020). Net income: CN¥66.5m (down 22% from 3Q 2020). Profit margin: 2.6% (down from 4.7% in 3Q 2020). The decrease in margin was driven by higher expenses.Reported Earnings • Aug 19Second quarter 2021 earnings released: EPS CN¥0.23 (vs CN¥0.18 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CN¥2.34b (up 53% from 2Q 2020). Net income: CN¥102.0m (up 53% from 2Q 2020). Profit margin: 4.4% (up from 4.3% in 2Q 2020). The increase in margin was driven by higher revenue.Reported Earnings • Apr 26First quarter 2021 earnings released: EPS CN¥0.20 (vs CN¥0.15 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¥2.16b (up 75% from 1Q 2020). Net income: CN¥85.0m (up 51% from 1Q 2020). Profit margin: 3.9% (down from 4.5% in 1Q 2020). The decrease in margin was driven by higher expenses.Reported Earnings • Mar 01Full year 2020 earnings released: EPS CN¥0.81 (vs CN¥0.78 in FY 2019)The company reported a solid full year result with improved earnings and revenues, although profit margins were weaker. Full year 2020 results: Revenue: CN¥6.69b (up 22% from FY 2019). Net income: CN¥306.9m (up 9.9% from FY 2019). Profit margin: 4.6% (down from 5.1% in FY 2019). The decrease in margin was driven by higher expenses.お知らせ • Jan 21Friend Co.,Ltd. to Report Fiscal Year 2020 Results on Mar 01, 2021Friend Co.,Ltd. announced that they will report fiscal year 2020 results on Mar 01, 2021Reported Earnings • Jan 16Full year 2020 earnings released: EPS CN¥0.81The company reported a solid full year result with improved earnings and revenues, although profit margins were weaker. Full year 2020 results: Revenue: CN¥6.69b (up 22% from FY 2019). Net income: CN¥307.7m (up 10% from FY 2019). Profit margin: 4.6% (down from 5.1% in FY 2019). The decrease in margin was driven by higher expenses.Is New 90 Day High Low • Dec 24New 90-day low: CN¥10.85The company is down 26% from its price of CN¥14.69 on 25 September 2020. The Chinese market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Metals and Mining industry, which is up 13% over the same period.お知らせ • Oct 30Friend Co.,Ltd. to Report Q3, 2020 Results on Oct 31, 2020Friend Co.,Ltd. announced that they will report Q3, 2020 results on Oct 31, 2020Reported Earnings • Oct 28Third quarter earnings releasedOver the last 12 months the company has reported total profits of CN¥277.6m, down 1.9% from the prior year. Total revenue was CN¥5.99b over the last 12 months, up 8.6% from the prior year.お知らせ • Sep 25+ 1 more updateFriend Co.,Ltd. has completed an IPO in the amount of CNY 817.5 million.Friend Co.,Ltd. has completed an IPO in the amount of CNY 817.5 million. Security Name: A Shares Security Type: Common Stock Securities Offered: 75,000,000 Price\Range: CNY 10.9 このセクションでは通常、投資家が会社の利益創出能力を理解する一助となるよう、プロのアナリストのコンセンサス予想に基づく収益と利益の成長予測を提示する。しかし、FriendLtd は十分な過去のデータを提供しておらず、アナリストの予測もないため、過去のデータを外挿したり、アナリストの予測を使用しても、その将来の収益を確実に算出することはできません。 シンプリー・ウォール・ストリートがカバーする企業の97%は過去の財務データを持っているため、これはかなり稀な状況です。 業績と収益の成長予測SHSE:605050 - アナリストの将来予測と過去の財務データ ( )CNY Millions日付収益収益フリー・キャッシュフロー営業活動によるキャッシュ平均アナリスト数3/31/202611,868371-720-384N/A12/31/202511,763375-31473N/A9/30/202511,670358-728-368N/A6/30/202511,393353284652N/A3/31/202511,325331-44331N/A12/31/202411,278317-38567N/A9/30/202410,635325-579-134N/A6/30/202410,430356-1,033-611N/A3/31/202410,023409-953-515N/A12/31/20239,762417-830-520N/A9/30/20239,766387-786-460N/A6/30/202310,194350-3788N/A3/31/202310,001320-493-201N/A12/31/202210,342305-185107N/A9/30/202210,430298-59160N/A6/30/202210,034285-16611N/A3/31/202210,26832477235N/A12/31/20219,953339-7817N/A9/30/20219,47136336158N/A6/30/20218,7163812691N/A3/31/20217,90734656141N/A12/31/20206,68930715100N/A9/30/20205,987278-444N/A6/30/20205,472261-75-3N/A3/31/20205,181260-160-72N/A12/31/20195,481279N/A410N/A12/31/20185,613295N/A229N/A12/31/20175,193287N/A101N/A12/31/20164,698180N/A-61N/Aもっと見るアナリストによる今後の成長予測収入対貯蓄率: 605050の予測収益成長が 貯蓄率 ( 2.4% ) を上回っているかどうかを判断するにはデータが不十分です。収益対市場: 605050の収益がCN市場よりも速く成長すると予測されるかどうかを判断するにはデータが不十分です高成長収益: 605050の収益が今後 3 年間で 大幅に 増加すると予想されるかどうかを判断するにはデータが不十分です。収益対市場: 605050の収益がCN市場よりも速く成長すると予測されるかどうかを判断するにはデータが不十分です。高い収益成長: 605050の収益が年間20%よりも速く成長すると予測されるかどうかを判断するにはデータが不十分です。一株当たり利益成長率予想将来の株主資本利益率将来のROE: 605050の 自己資本利益率 が 3 年後に高くなると予測されるかどうかを判断するにはデータが不十分です成長企業の発掘7D1Y7D1Y7D1YMaterials 業界の高成長企業。View Past Performance企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/29 18:39終値2026/05/29 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Friend 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Jun XuTianfeng Securities Brokerage Co., Ltd
New Risk • May 01New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 22% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (22% accrual ratio). Minor Risk Paying a dividend despite having no free cash flows.
Reported Earnings • Apr 17Full year 2025 earnings released: EPS: CN¥0.76 (vs CN¥0.64 in FY 2024)Full year 2025 results: EPS: CN¥0.76 (up from CN¥0.64 in FY 2024). Revenue: CN¥11.8b (up 4.3% from FY 2024). Net income: CN¥375.5m (up 19% from FY 2024). Profit margin: 3.2% (up from 2.8% in FY 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 2% per year whereas the company’s share price has increased by 2% per year.
お知らせ • Apr 17Friend Co.,Ltd., Annual General Meeting, May 21, 2026Friend Co.,Ltd., Annual General Meeting, May 21, 2026, at 14:30 China Standard Time. Location: The Company's Meeting Room, Shanghai China
お知らせ • Mar 30Friend Co.,Ltd. to Report Q1, 2026 Results on Apr 30, 2026Friend Co.,Ltd. announced that they will report Q1, 2026 results on Apr 30, 2026
Valuation Update With 7 Day Price Move • Mar 25Investor sentiment improves as stock rises 17%After last week's 17% share price gain to CN¥14.49, the stock trades at a trailing P/E ratio of 19.1x. Average trailing P/E is 38x in the Metals and Mining industry in China. Total returns to shareholders of 26% over the past three years.
Reported Earnings • Mar 05Full year 2025 earnings released: EPS: CN¥0.76 (vs CN¥0.64 in FY 2024)Full year 2025 results: EPS: CN¥0.76 (up from CN¥0.64 in FY 2024). Revenue: CN¥11.8b (up 4.5% from FY 2024). Net income: CN¥373.1m (up 18% from FY 2024). Profit margin: 3.2% (up from 2.8% in FY 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 2% per year whereas the company’s share price has fallen by 1% per year.
New Risk • Feb 02New minor risk - Dividend sustainabilityThe dividend is not well covered by cash flows. The company is paying a dividend despite having no free cash flows. Dividend yield: 2.6% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (21% accrual ratio). Minor Risk Paying a dividend despite having no free cash flows.
お知らせ • Dec 26Friend Co.,Ltd. to Report Fiscal Year 2025 Results on Apr 17, 2026Friend Co.,Ltd. announced that they will report fiscal year 2025 results on Apr 17, 2026
Board Change • Dec 11Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Chen Yudong was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • Oct 31Third quarter 2025 earnings released: EPS: CN¥0.18 (vs CN¥0.17 in 3Q 2024)Third quarter 2025 results: EPS: CN¥0.18 (up from CN¥0.17 in 3Q 2024). Revenue: CN¥3.02b (up 10% from 3Q 2024). Net income: CN¥90.0m (up 6.3% from 3Q 2024). Profit margin: 3.0% (down from 3.1% in 3Q 2024). 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 whereas the company’s share price has fallen by 1% per year.
お知らせ • Sep 30Friend Co.,Ltd. to Report Q3, 2025 Results on Oct 31, 2025Friend Co.,Ltd. announced that they will report Q3, 2025 results on Oct 31, 2025
Buy Or Sell Opportunity • Sep 10Now 20% undervaluedOver the last 90 days, the stock has risen 50% to CN¥20.06. The fair value is estimated to be CN¥25.12, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.0% over the last 3 years, while earnings per share has been flat.
New Risk • Sep 05New 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. This is currently the only risk that has been identified for the company.
Valuation Update With 7 Day Price Move • Sep 04Investor sentiment improves as stock rises 15%After last week's 15% share price gain to CN¥17.10, the stock trades at a trailing P/E ratio of 23.8x. Average trailing P/E is 36x in the Metals and Mining industry in China. Total returns to shareholders of 26% over the past three years.
Reported Earnings • Aug 27Second quarter 2025 earnings released: EPS: CN¥0.13 (vs CN¥0.082 in 2Q 2024)Second quarter 2025 results: EPS: CN¥0.13 (up from CN¥0.082 in 2Q 2024). Revenue: CN¥2.78b (up 2.5% from 2Q 2024). Net income: CN¥62.5m (up 53% from 2Q 2024). Profit margin: 2.3% (up from 1.5% in 2Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 1% per year whereas the company’s share price has increased by 3% per year.
Valuation Update With 7 Day Price Move • Aug 15Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to CN¥15.13, the stock trades at a trailing P/E ratio of 22.5x. Average trailing P/E is 34x in the Metals and Mining industry in China. Total loss to shareholders of 7.7% over the past three years.
お知らせ • Jun 30Friend Co.,Ltd. to Report First Half, 2025 Results on Aug 26, 2025Friend Co.,Ltd. announced that they will report first half, 2025 results on Aug 26, 2025
Reported Earnings • Apr 27Full year 2024 earnings released: EPS: CN¥0.63 (vs CN¥0.85 in FY 2023)Full year 2024 results: EPS: CN¥0.63 (down from CN¥0.85 in FY 2023). Revenue: CN¥11.3b (up 16% from FY 2023). Net income: CN¥309.5m (down 26% from FY 2023). Profit margin: 2.7% (down from 4.3% in FY 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has remained flat whereas the company’s share price has increased by 1% per year.
お知らせ • Apr 26Friend Co.,Ltd., Annual General Meeting, May 27, 2025Friend Co.,Ltd., Annual General Meeting, May 27, 2025, at 14:30 China Standard Time. Location: 9F, East Building, No. 55, Fuqiao Road, Baoshan District, Shanghai China
New Risk • Apr 04New major risk - Dividend sustainabilityThe dividend is not well covered by earnings and cash flows. Payout ratio: 95% The company is paying a dividend despite having no free cash flows. Dividend yield: 1.9% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough 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. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk Dividend is not well covered by earnings and cash flows. Payout ratio: 95% Paying a dividend despite having no free cash flows. Minor Risk Profit margins are more than 30% lower than last year (2.7% net profit margin).
お知らせ • Mar 28Friend Co.,Ltd. to Report Q1, 2025 Results on Apr 30, 2025Friend Co.,Ltd. announced that they will report Q1, 2025 results on Apr 30, 2025
Reported Earnings • Mar 02Full year 2024 earnings released: EPS: CN¥0.63 (vs CN¥0.85 in FY 2023)Full year 2024 results: EPS: CN¥0.63 (down from CN¥0.85 in FY 2023). Revenue: CN¥11.3b (up 16% from FY 2023). Net income: CN¥309.5m (down 26% from FY 2023). Profit margin: 2.7% (down from 4.3% in FY 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has remained flat whereas the company’s share price has fallen by 5% per year.
分析記事 • Feb 26Be Wary Of FriendLtd (SHSE:605050) And Its Returns On CapitalIf we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
お知らせ • Dec 27Friend Co.,Ltd. to Report Fiscal Year 2024 Results on Apr 26, 2025Friend Co.,Ltd. announced that they will report fiscal year 2024 results on Apr 26, 2025
お知らせ • Dec 25Friend Co.,Ltd. (SHSE:605050) announces an Equity Buyback for CNY 80 million worth of its shares.Friend Co.,Ltd. (SHSE:605050) announces a share repurchase program. Under the program, the company will repurchase up to CNY 80 million worth of its shares. The shares will be repurchased at no more than CNY 15.03 per Share. The purpose of the program is to use the repurchased shares for ESOP or equity incentives. The program will be funded from own funds and special bank loans for the share repurchase. The plan will be valid for 12 months.
分析記事 • Nov 26These 4 Measures Indicate That FriendLtd (SHSE:605050) Is Using Debt ExtensivelyDavid 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 30Friend Co.,Ltd. to Report Q3, 2024 Results on Oct 31, 2024Friend Co.,Ltd. announced that they will report Q3, 2024 results on Oct 31, 2024
Reported Earnings • Aug 30Second quarter 2024 earnings released: EPS: CN¥0.082 (vs CN¥0.19 in 2Q 2023)Second quarter 2024 results: EPS: CN¥0.082 (down from CN¥0.19 in 2Q 2023). Revenue: CN¥2.71b (up 18% from 2Q 2023). Net income: CN¥40.8m (down 56% from 2Q 2023). Profit margin: 1.5% (down from 4.1% in 2Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has fallen by 10% per year, which means it is performing significantly worse than earnings.
Buy Or Sell Opportunity • Aug 06Now 21% overvaluedOver the last 90 days, the stock has fallen 23% to CN¥8.27. The fair value is estimated to be CN¥6.85, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 4.4% over the last 3 years, while earnings per share has been flat.
お知らせ • Jun 28Friend Co.,Ltd. to Report First Half, 2024 Results on Aug 31, 2024Friend Co.,Ltd. announced that they will report first half, 2024 results on Aug 31, 2024
お知らせ • May 01Friend Co.,Ltd., Annual General Meeting, May 20, 2024Friend Co.,Ltd., Annual General Meeting, May 20, 2024, at 14:30 China Standard Time. Location: The Company's Meeting Room, Shanghai China
Reported Earnings • Apr 30First quarter 2024 earnings released: EPS: CN¥0.16 (vs CN¥0.17 in 1Q 2023)First quarter 2024 results: EPS: CN¥0.16 (down from CN¥0.17 in 1Q 2023). Revenue: CN¥2.39b (up 12% from 1Q 2023). Net income: CN¥76.7m (down 10% from 1Q 2023). Profit margin: 3.2% (down from 4.0% in 1Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 19% p.a. on average during the next 2 years, compared to a 10% growth forecast for the Metals and Mining industry in China. Over the last 3 years on average, earnings per share has fallen by 2% per year whereas the company’s share price has fallen by 1% per year.
分析記事 • Apr 22FriendLtd's (SHSE:605050) Shareholders May Want To Dig Deeper Than Statutory ProfitFriend Co.,Ltd.'s ( SHSE:605050 ) robust recent earnings didn't do much to move the stock. We believe that shareholders...
Reported Earnings • Apr 18Full year 2023 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2023 results: EPS: CN¥0.85 (up from CN¥0.70 in FY 2022). Revenue: CN¥9.76b (down 5.6% from FY 2022). Net income: CN¥417.3m (up 37% from FY 2022). Profit margin: 4.3% (up from 2.9% in FY 2022). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 3.1%. Earnings per share (EPS) exceeded analyst estimates by 3.7%. Revenue is forecast to grow 18% p.a. on average during the next 2 years, compared to a 9.8% growth forecast for the Metals and Mining industry in China. Over the last 3 years on average, earnings per share has fallen by 4% per year whereas the company’s share price has fallen by 2% per year.
お知らせ • Mar 29Friend Co.,Ltd. to Report Q1, 2024 Results on Apr 30, 2024Friend Co.,Ltd. announced that they will report Q1, 2024 results on Apr 30, 2024
分析記事 • Mar 08Friend Co.,Ltd.'s (SHSE:605050) Share Price Boosted 26% But Its Business Prospects Need A Lift TooFriend Co.,Ltd. ( SHSE:605050 ) shareholders are no doubt pleased to see that the share price has bounced 26% in the...
Reported Earnings • Feb 28Full year 2023 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2023 results: EPS: CN¥0.84 (up from CN¥0.70 in FY 2022). Revenue: CN¥9.78b (down 5.4% from FY 2022). Net income: CN¥417.1m (up 37% from FY 2022). Profit margin: 4.3% (up from 2.9% in FY 2022). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 2.9%. Earnings per share (EPS) exceeded analyst estimates by 2.4%. Revenue is forecast to grow 18% p.a. on average during the next 2 years, compared to a 11% growth forecast for the Metals and Mining industry in China. Over the last 3 years on average, earnings per share has fallen by 5% per year whereas the company’s share price has fallen by 1% per year.
Valuation Update With 7 Day Price Move • Feb 26Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CN¥11.35, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 12x in the Metals and Mining industry in China. Total returns to shareholders of 7.2% over the past three years.
Valuation Update With 7 Day Price Move • Feb 02Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to CN¥9.63, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 12x in the Metals and Mining industry in China. Total loss to shareholders of 5.4% over the past three years.
お知らせ • Dec 30Friend Co.,Ltd. to Report Fiscal Year 2023 Results on Apr 16, 2024Friend Co.,Ltd. announced that they will report fiscal year 2023 results on Apr 16, 2024
Reported Earnings • Oct 26Third quarter 2023 earnings released: EPS: CN¥0.24 (vs CN¥0.18 in 3Q 2022)Third quarter 2023 results: EPS: CN¥0.24 (up from CN¥0.18 in 3Q 2022). Revenue: CN¥2.53b (down 14% from 3Q 2022). Net income: CN¥115.2m (up 46% from 3Q 2022). Profit margin: 4.5% (up from 2.7% in 3Q 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 5% per year whereas the company’s share price has fallen by 3% per year.
Reported Earnings • Aug 23Second quarter 2023 earnings released: EPS: CN¥0.19 (vs CN¥0.15 in 2Q 2022)Second quarter 2023 results: EPS: CN¥0.19 (up from CN¥0.15 in 2Q 2022). Revenue: CN¥2.30b (up 9.2% from 2Q 2022). Net income: CN¥93.6m (up 48% from 2Q 2022). Profit margin: 4.1% (up from 3.0% in 2Q 2022). The increase in margin was driven by higher revenue.
お知らせ • Jun 28Friend Co.,Ltd. to Report Q2, 2023 Results on Aug 23, 2023Friend Co.,Ltd. announced that they will report Q2, 2023 results on Aug 23, 2023
Reported Earnings • Apr 18Full year 2022 earnings released: EPS: CN¥0.70 (vs CN¥0.78 in FY 2021)Full year 2022 results: EPS: CN¥0.70 (down from CN¥0.78 in FY 2021). Revenue: CN¥10.3b (up 3.9% from FY 2021). Net income: CN¥305.0m (down 9.8% from FY 2021). Profit margin: 2.9% (down from 3.4% in FY 2021). The decrease in margin was driven by higher expenses.
Reported Earnings • Mar 02Full year 2022 earnings released: EPS: CN¥0.69 (vs CN¥0.78 in FY 2021)Full year 2022 results: EPS: CN¥0.69 (down from CN¥0.78 in FY 2021). Revenue: CN¥10.3b (up 3.9% from FY 2021). Net income: CN¥302.0m (down 11% from FY 2021). Profit margin: 2.9% (down from 3.4% in FY 2021). The decrease in margin was driven by higher expenses.
お知らせ • Jan 11Friend Co.,Ltd. announced that it has received CNY 649.999994 million in funding from Nuode Asset Management Co., Ltd., Caitong Fund Management Co., Ltd., UBS Group AG and other investorsOn January 9, 2023, Friend Co.,Ltd. closed the transaction. The company has issued 57,829,181 shares at Issue price 11.24 per share for proceeds of CNY 649,999,994.44. The company has paid issuance fee of CNY 5,734,490.14 and received net proceeds of CNY 644,265,504.30. The transaction included participation from Nuode Asset Management Co., Ltd., Caitong Fund Management Co., Ltd, UBS Group AG, and other investors.
Board Change • Nov 16Less 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. 5 experienced directors. No highly experienced directors. 2 independent directors (3 non-independent directors). Independent Director Dongdong Dong was the last independent director to join the board, commencing their role in 2018. 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 31Third quarter 2022 earnings released: EPS: CN¥0.18 (vs CN¥0.15 in 3Q 2021)Third quarter 2022 results: EPS: CN¥0.18 (up from CN¥0.15 in 3Q 2021). Revenue: CN¥2.96b (up 15% from 3Q 2021). Net income: CN¥78.9m (up 19% from 3Q 2021). Profit margin: 2.7% (up from 2.6% in 3Q 2021). The increase in margin was driven by higher revenue.
Valuation Update With 7 Day Price Move • Aug 29Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to CN¥16.33, the stock trades at a trailing P/E ratio of 24.9x. Average trailing P/E is 30x in the Metals and Mining industry in China. Total returns to shareholders of 53% over the past year.
Reported Earnings • Aug 24Second quarter 2022 earnings released: EPS: CN¥0.15 (vs CN¥0.23 in 2Q 2021)Second quarter 2022 results: EPS: CN¥0.15 (down from CN¥0.23 in 2Q 2021). Revenue: CN¥2.11b (down 10.0% from 2Q 2021). Net income: CN¥63.3m (down 38% from 2Q 2021). Profit margin: 3.0% (down from 4.4% in 2Q 2021). The decrease in margin was driven by lower revenue.
Valuation Update With 7 Day Price Move • Jul 20Investor sentiment improved over the past weekAfter last week's 25% share price gain to CN¥17.08, the stock trades at a trailing P/E ratio of 23x. Average trailing P/E is 30x in the Metals and Mining industry in China. Total returns to shareholders of 62% over the past year.
Valuation Update With 7 Day Price Move • Jun 28Investor sentiment improved over the past weekAfter last week's 23% share price gain to CN¥15.45, the stock trades at a trailing P/E ratio of 20.8x. Average trailing P/E is 30x in the Metals and Mining industry in China. Total returns to shareholders of 47% over the past year.
Valuation Update With 7 Day Price Move • Jun 07Investor sentiment improved over the past weekAfter last week's 20% share price gain to CN¥13.16, the stock trades at a trailing P/E ratio of 17.7x. Average trailing P/E is 28x in the Metals and Mining industry in China. Total returns to shareholders of 21% over the past year.
Reported Earnings • May 02First quarter 2022 earnings released: EPS: CN¥0.16 (vs CN¥0.20 in 1Q 2021)First quarter 2022 results: EPS: CN¥0.16 (down from CN¥0.20 in 1Q 2021). Revenue: CN¥2.47b (up 15% from 1Q 2021). Net income: CN¥70.4m (down 17% from 1Q 2021). Profit margin: 2.8% (down from 3.9% in 1Q 2021). The decrease in margin was driven by higher expenses.
Valuation Update With 7 Day Price Move • Apr 29Investor sentiment deteriorated over the past weekAfter last week's 22% share price decline to CN¥10.77, the stock trades at a trailing P/E ratio of 13.9x. Average trailing P/E is 22x in the Metals and Mining industry in China. Total loss to shareholders of 3.8% over the past year.
Board Change • Apr 27No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. No highly experienced directors. No independent directors (3 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 • Mar 04Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: CN¥0.78 (down from CN¥0.81 in FY 2020). Revenue: CN¥9.95b (up 49% from FY 2020). Net income: CN¥338.6m (up 10% from FY 2020). Profit margin: 3.4% (down from 4.6% in FY 2020). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates.
Valuation Update With 7 Day Price Move • Dec 16Investor sentiment improved over the past weekAfter last week's 42% share price gain to CN¥18.79, the stock trades at a trailing P/E ratio of 22.5x. Average trailing P/E is 30x in the Metals and Mining industry in China. Total returns to shareholders of 68% over the past year.
Valuation Update With 7 Day Price Move • Dec 01Investor sentiment improved over the past weekAfter last week's 16% share price gain to CN¥13.17, the stock trades at a trailing P/E ratio of 15.8x. Average trailing P/E is 33x in the Metals and Mining industry in China. Total returns to shareholders of 8.5% over the past year.
Reported Earnings • Oct 31Third quarter 2021 earnings released: EPS CN¥0.15 (vs CN¥0.24 in 3Q 2020)The company reported a mediocre third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: CN¥2.57b (up 42% from 3Q 2020). Net income: CN¥66.5m (down 22% from 3Q 2020). Profit margin: 2.6% (down from 4.7% in 3Q 2020). The decrease in margin was driven by higher expenses.
Reported Earnings • Aug 19Second quarter 2021 earnings released: EPS CN¥0.23 (vs CN¥0.18 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CN¥2.34b (up 53% from 2Q 2020). Net income: CN¥102.0m (up 53% from 2Q 2020). Profit margin: 4.4% (up from 4.3% in 2Q 2020). The increase in margin was driven by higher revenue.
Reported Earnings • Apr 26First quarter 2021 earnings released: EPS CN¥0.20 (vs CN¥0.15 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¥2.16b (up 75% from 1Q 2020). Net income: CN¥85.0m (up 51% from 1Q 2020). Profit margin: 3.9% (down from 4.5% in 1Q 2020). The decrease in margin was driven by higher expenses.
Reported Earnings • Mar 01Full year 2020 earnings released: EPS CN¥0.81 (vs CN¥0.78 in FY 2019)The company reported a solid full year result with improved earnings and revenues, although profit margins were weaker. Full year 2020 results: Revenue: CN¥6.69b (up 22% from FY 2019). Net income: CN¥306.9m (up 9.9% from FY 2019). Profit margin: 4.6% (down from 5.1% in FY 2019). The decrease in margin was driven by higher expenses.
お知らせ • Jan 21Friend Co.,Ltd. to Report Fiscal Year 2020 Results on Mar 01, 2021Friend Co.,Ltd. announced that they will report fiscal year 2020 results on Mar 01, 2021
Reported Earnings • Jan 16Full year 2020 earnings released: EPS CN¥0.81The company reported a solid full year result with improved earnings and revenues, although profit margins were weaker. Full year 2020 results: Revenue: CN¥6.69b (up 22% from FY 2019). Net income: CN¥307.7m (up 10% from FY 2019). Profit margin: 4.6% (down from 5.1% in FY 2019). The decrease in margin was driven by higher expenses.
Is New 90 Day High Low • Dec 24New 90-day low: CN¥10.85The company is down 26% from its price of CN¥14.69 on 25 September 2020. The Chinese market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Metals and Mining industry, which is up 13% over the same period.
お知らせ • Oct 30Friend Co.,Ltd. to Report Q3, 2020 Results on Oct 31, 2020Friend Co.,Ltd. announced that they will report Q3, 2020 results on Oct 31, 2020
Reported Earnings • Oct 28Third quarter earnings releasedOver the last 12 months the company has reported total profits of CN¥277.6m, down 1.9% from the prior year. Total revenue was CN¥5.99b over the last 12 months, up 8.6% from the prior year.
お知らせ • Sep 25+ 1 more updateFriend Co.,Ltd. has completed an IPO in the amount of CNY 817.5 million.Friend Co.,Ltd. has completed an IPO in the amount of CNY 817.5 million. Security Name: A Shares Security Type: Common Stock Securities Offered: 75,000,000 Price\Range: CNY 10.9