View ValuationHBIS 将来の成長Future 基準チェック /36HBISは、33.5%と3.6%でそれぞれ年率33.5%で利益と収益が成長すると予測される一方、EPSはgrowで42.2%年率。主要情報33.5%収益成長率42.21%EPS成長率Metals and Mining 収益成長25.3%収益成長率3.6%将来の株主資本利益率n/aアナリストカバレッジLow最終更新日30 Apr 2026今後の成長に関する最新情報Major Estimate Revision • May 05Consensus EPS estimates increase by 43%, revenue downgradedThe consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast fell from CN¥126.8b to CN¥123.9b. EPS estimate rose from CN¥0.105 to CN¥0.15. Net income forecast to grow 92% next year vs 40% growth forecast for Metals and Mining industry in China. Consensus price target up from CN¥2.13 to CN¥2.40. Share price fell 2.7% to CN¥2.17 over the past week.Major Estimate Revision • Sep 05Consensus EPS estimates fall by 40%The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate fell from CN¥0.15 to CN¥0.09 per share. Revenue forecast steady at CN¥126.0b. Net income forecast to grow 18% next year vs 39% growth forecast for Metals and Mining industry in China. Consensus price target down from CN¥2.72 to CN¥2.13. Share price fell 4.3% to CN¥1.77 over the past week.Price Target Changed • Nov 16Price target decreased to CN¥2.72Down from CN¥3.41, the current price target is provided by 1 analyst. New target price is 16% above last closing price of CN¥2.34. Stock is up 3.5% over the past year. The company is forecast to post earnings per share of CN¥0.15 for next year compared to CN¥0.24 last year.Price Target Changed • Apr 27Price target decreased to CN¥3.10Down from CN¥3.41, the current price target is provided by 1 analyst. New target price is 35% above last closing price of CN¥2.29. Stock is down 12% over the past year. The company is forecast to post earnings per share of CN¥0.24 for next year compared to CN¥0.24 last year.Price Target Changed • Oct 27Price target decreased to CN¥3.10Down from CN¥3.35, the current price target is provided by 1 analyst. New target price is 23% above last closing price of CN¥2.53. Stock is up 20% over the past year. The company is forecast to post earnings per share of CN¥0.31 for next year compared to CN¥0.12 last year.すべての更新を表示Recent updatesNew Risk • May 05New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 38% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.8x net interest cover). Minor Risks Paying a dividend despite having no free cash flows. Large one-off items impacting financial results.Reported Earnings • Apr 29First quarter 2026 earnings released: EPS: CN¥0.027 (vs CN¥0.017 in 1Q 2025)First quarter 2026 results: EPS: CN¥0.027 (up from CN¥0.017 in 1Q 2025). Revenue: CN¥31.3b (down 3.8% from 1Q 2025). Net income: CN¥323.0m (up 39% from 1Q 2025). Profit margin: 1.0% (up from 0.7% in 1Q 2025). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.New Risk • Apr 28New major risk - Revenue and earnings growthEarnings have declined by 24% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.7x net interest cover). Earnings have declined by 24% per year over the past 5 years. Minor Risks Paying a dividend despite having no free cash flows. Large one-off items impacting financial results.お知らせ • Mar 31HBIS Company Limited to Report Q1, 2026 Results on Apr 29, 2026HBIS Company Limited announced that they will report Q1, 2026 results on Apr 29, 2026お知らせ • Dec 31HBIS Company Limited to Report Fiscal Year 2025 Results on Apr 29, 2026HBIS Company Limited announced that they will report fiscal year 2025 results on Apr 29, 2026お知らせ • Nov 28HBIS Company Limited Approves Board ElectionsHBIS Company Limited held its second extraordinary General Meeting of 2025 on 26 November 2025, approved election of Han Jian and Wang Baowei as non-independent directors of the company.Reported Earnings • Oct 29Third quarter 2025 earnings released: EPS: CN¥0.017 (vs CN¥0.015 in 3Q 2024)Third quarter 2025 results: EPS: CN¥0.017 (up from CN¥0.015 in 3Q 2024). Revenue: CN¥30.2b (down 1.0% from 3Q 2024). Net income: CN¥224.9m (up 45% from 3Q 2024). Profit margin: 0.7% (up from 0.5% in 3Q 2024). Revenue is expected to decline by 1.1% p.a. on average during the next 2 years, while revenues in the Metals and Mining industry in China are expected to grow by 9.4%. Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.お知らせ • Sep 30HBIS Company Limited to Report Q3, 2025 Results on Oct 29, 2025HBIS Company Limited announced that they will report Q3, 2025 results on Oct 29, 2025Reported Earnings • Aug 29Second quarter 2025 earnings released: EPS: CN¥0.032 (vs CN¥0.025 in 2Q 2024)Second quarter 2025 results: EPS: CN¥0.032 (up from CN¥0.025 in 2Q 2024). Revenue: CN¥33.8b (up 16% from 2Q 2024). Net income: CN¥365.8m (up 44% from 2Q 2024). Profit margin: 1.1% (up from 0.9% in 2Q 2024). Revenue is forecast to grow 6.1% p.a. on average during the next 2 years, compared to a 9.4% growth forecast for the Metals and Mining industry in China. Over the last 3 years on average, earnings per share has fallen by 36% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.Declared Dividend • Jul 14Dividend reduced to CN¥0.03Dividend of CN¥0.03 is 25% lower than last year. Ex-date: 17th July 2025 Payment date: 17th July 2025 Dividend yield will be 1.3%, which is lower than the industry average of 2.8%. Sustainability & Growth Dividend is covered by earnings (40% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has remained flat since 9 years ago. However, payments have been volatile during that time. EPS is expected to grow by 38% over the next year, which should provide support to the dividend and adequate earnings cover.お知らせ • Jul 02HBIS Company Limited to Report First Half, 2025 Results on Aug 29, 2025HBIS Company Limited announced that they will report first half, 2025 results on Aug 29, 2025お知らせ • May 22+ 1 more updateHBIS Company Limited Approves Final Cash Dividend for 2024HBIS Company Limited at its AGM held on May 20, 2025, approved profit distribution plan for 2024. Cash dividend/10 shares (tax included): CNY0.30000000.Major Estimate Revision • May 05Consensus EPS estimates increase by 43%, revenue downgradedThe consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast fell from CN¥126.8b to CN¥123.9b. EPS estimate rose from CN¥0.105 to CN¥0.15. Net income forecast to grow 92% next year vs 40% growth forecast for Metals and Mining industry in China. Consensus price target up from CN¥2.13 to CN¥2.40. Share price fell 2.7% to CN¥2.17 over the past week.New Risk • Apr 29New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 88% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.6x net interest cover). Minor Risks Paying a dividend despite having no free cash flows. Large one-off items impacting financial results.New Risk • Apr 27New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 0.6% Last year net profit margin: 0.9% 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: Major Risk Debt is not well covered by operating cash flow (7.5% operating cash flow to total debt). Minor Risks Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (0.6% net profit margin).Reported Earnings • Apr 25First quarter 2025 earnings released: EPS: CN¥0.02 (vs CN¥0.015 in 1Q 2024)First quarter 2025 results: EPS: CN¥0.02 (up from CN¥0.015 in 1Q 2024). Revenue: CN¥32.5b (up 9.4% from 1Q 2024). Net income: CN¥232.2m (up 46% from 1Q 2024). Profit margin: 0.7% (up from 0.5% in 1Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 12% 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 45% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings.お知らせ • Apr 25HBIS Company Limited, Annual General Meeting, May 20, 2025HBIS Company Limited, Annual General Meeting, May 20, 2025, at 14:30 China Standard Time. Location: No. 385, Tiyu South Avenue, Shijiazhuang, Hebei Chinaお知らせ • Mar 31HBIS Company Limited to Report Q1, 2025 Results on Apr 25, 2025HBIS Company Limited announced that they will report Q1, 2025 results on Apr 25, 2025分析記事 • Mar 17Be Wary Of HBIS (SZSE:000709) And Its Returns On CapitalDid you know there are some financial metrics that can provide clues of a potential multi-bagger? One common approach...分析記事 • Feb 07HBIS (SZSE:000709) Seems To Be Using A Lot Of DebtThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...Board Change • Jan 02High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Non-Independent Director Zhenquan Zhang was the last director to join the board, commencing their role in 2024. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.お知らせ • Dec 31HBIS Company Limited to Report Fiscal Year 2024 Results on Apr 25, 2025HBIS Company Limited announced that they will report fiscal year 2024 results on Apr 25, 2025分析記事 • Dec 04The Returns On Capital At HBIS (SZSE:000709) Don't Inspire ConfidenceFinding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...分析記事 • Nov 06We Think That There Are More Issues For HBIS (SZSE:000709) Than Just Sluggish EarningsThe subdued market reaction suggests that HBIS Company Limited's ( SZSE:000709 ) recent earnings didn't contain any...お知らせ • Nov 06HBIS Company Limited Appoints Zhang Zhenquan as Non-Independent DirectorHBIS Company Limited announced that at the EGM held on 04 November 2024, approved the appointment of Zhang Zhenquan as a non-independent director.New Risk • Nov 02New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 463% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.5x net interest cover). Minor Risks Paying a dividend despite having no free cash flows. Large one-off items impacting financial results.Reported Earnings • Oct 31Third quarter 2024 earnings released: EPS: CN¥0.008 (vs CN¥0.02 in 3Q 2023)Third quarter 2024 results: EPS: CN¥0.008 (down from CN¥0.02 in 3Q 2023). Revenue: CN¥30.5b (down 2.5% from 3Q 2023). Net income: CN¥155.5m (down 47% from 3Q 2023). Profit margin: 0.5% (down from 0.9% in 3Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 6.3% p.a. on average during the next 2 years, compared to a 9.6% growth forecast for the Metals and Mining industry in China. Over the last 3 years on average, earnings per share has fallen by 48% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings.分析記事 • Oct 07Market Might Still Lack Some Conviction On HBIS Company Limited (SZSE:000709) Even After 25% Share Price BoostHBIS Company Limited ( SZSE:000709 ) shares have had a really impressive month, gaining 25% after a shaky period...お知らせ • Sep 30HBIS Company Limited to Report Q3, 2024 Results on Oct 31, 2024HBIS Company Limited announced that they will report Q3, 2024 results on Oct 31, 2024Valuation Update With 7 Day Price Move • Sep 27Investor sentiment improves as stock rises 18%After last week's 18% share price gain to CN¥2.02, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 13x in the Metals and Mining industry in China. Total loss to shareholders of 22% over the past three years.Major Estimate Revision • Sep 05Consensus EPS estimates fall by 40%The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate fell from CN¥0.15 to CN¥0.09 per share. Revenue forecast steady at CN¥126.0b. Net income forecast to grow 18% next year vs 39% growth forecast for Metals and Mining industry in China. Consensus price target down from CN¥2.72 to CN¥2.13. Share price fell 4.3% to CN¥1.77 over the past week.Reported Earnings • Aug 31Second quarter 2024 earnings releasedSecond quarter 2024 results: Revenue: CN¥29.1b (down 11% from 2Q 2023). Net income: CN¥254.1m (flat on 2Q 2023). Profit margin: 0.9% (in line with 2Q 2023). Revenue is forecast to grow 5.6% p.a. on average during the next 2 years, compared to a 9.5% growth forecast for the Metals and Mining industry in China. Over the last 3 years on average, earnings per share has fallen by 42% per year but the company’s share price has only fallen by 16% per year, which means it has not declined as severely as earnings.分析記事 • Aug 18HBIS (SZSE:000709) Might Be Having Difficulty Using Its Capital EffectivelyIf we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...Declared Dividend • Jul 08Dividend of CN¥0.04 announcedDividend of CN¥0.04 is the same as last year. Ex-date: 11th July 2024 Payment date: 11th July 2024 Dividend yield will be 2.1%, which is lower than the industry average of 2.8%. Sustainability & Growth Dividend is covered by earnings (42% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 3.7% per year over the past 8 years. However, payments have been volatile during that time. EPS is expected to grow by 37% over the next year, which should provide support to the dividend and adequate earnings cover.お知らせ • Jun 29HBIS Company Limited to Report First Half, 2024 Results on Aug 30, 2024HBIS Company Limited announced that they will report first half, 2024 results on Aug 30, 2024分析記事 • Jun 25HBIS (SZSE:000709) Has No Shortage Of DebtLegendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...分析記事 • May 30Investors Aren't Entirely Convinced By HBIS Company Limited's (SZSE:000709) EarningsHBIS Company Limited's ( SZSE:000709 ) price-to-earnings (or "P/E") ratio of 22.7x might make it look like a buy right...お知らせ • May 25HBIS Company Limited Approves Cash Dividend for the Year 2023HBIS Company Limited at the Annual General Meeting of 2023 held on 22 May 2024 approved a cash dividend/10 shares (tax included) of CNY 0.40000000 for the year 2023.Board Change • May 22High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Independent Director Shuhuan Wang was the last director to join the board, commencing their role in 2024. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.分析記事 • May 03Weak Statutory Earnings May Not Tell The Whole Story For HBIS (SZSE:000709)HBIS Company Limited's ( SZSE:000709 ) recent weak earnings report didn't cause a big stock movement. Our analysis...お知らせ • Apr 29HBIS Company Limited, Annual General Meeting, May 22, 2024HBIS Company Limited, Annual General Meeting, May 22, 2024, at 14:30 China Standard Time. Location: No. 385, Tiyu South Avenue, Shijiazhuang, Hebei ChinaReported Earnings • Apr 28First quarter 2024 earnings released: EPS: CN¥0.01 (vs CN¥0.02 in 1Q 2023)First quarter 2024 results: EPS: CN¥0.01 (down from CN¥0.02 in 1Q 2023). Revenue: CN¥29.7b (down 6.6% from 1Q 2023). Net income: CN¥159.1m (down 38% from 1Q 2023). Profit margin: 0.5% (down from 0.8% in 1Q 2023). Over the last 3 years on average, earnings per share has fallen by 38% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings.お知らせ • Mar 30HBIS Company Limited to Report Q1, 2024 Results on Apr 27, 2024HBIS Company Limited announced that they will report Q1, 2024 results on Apr 27, 2024分析記事 • Mar 05HBIS (SZSE:000709) Will Want To Turn Around Its Return TrendsTo find a multi-bagger stock, what are the underlying trends we should look for in a business? Typically, we'll want to...お知らせ • Dec 29HBIS Company Limited to Report Fiscal Year 2023 Results on Apr 27, 2024HBIS Company Limited announced that they will report fiscal year 2023 results on Apr 27, 2024Reported Earnings • Nov 01Third quarter 2023 earnings released: EPS: CN¥0.02 (vs CN¥0.018 in 3Q 2022)Third quarter 2023 results: EPS: CN¥0.02 (up from CN¥0.018 in 3Q 2022). Revenue: CN¥31.3b (down 18% from 3Q 2022). Net income: CN¥294.1m (up 56% from 3Q 2022). Profit margin: 0.9% (up from 0.5% in 3Q 2022). Revenue is forecast to grow 8.0% p.a. on average during the next 2 years, compared to a 12% growth forecast for the Metals and Mining industry in China. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings.Reported Earnings • Aug 31Second quarter 2023 earnings released: EPS: CN¥0.02 (vs CN¥0.064 in 2Q 2022)Second quarter 2023 results: EPS: CN¥0.02 (down from CN¥0.064 in 2Q 2022). Revenue: CN¥32.5b (down 21% from 2Q 2022). Net income: CN¥255.9m (down 61% from 2Q 2022). Profit margin: 0.8% (down from 1.6% in 2Q 2022). Revenue is forecast to grow 5.2% p.a. on average during the next 2 years, compared to a 12% growth forecast for the Metals and Mining industry in China. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.お知らせ • Jul 13Hebei Steel Corp. Announces Final Profit Distribution Plan to Be Implemented on A Shares for the Year 2022, Payable on 19 July 2023Hebei Steel Corp. announced final profit distribution plan to be implemented on A shares as cash dividend per ten shares (tax included) of CNY 0.40000000 for the year 2022, payable on 19 July 2023. Record date is 18 July 2023. Ex-date is 19 July 2023.Board Change • Jun 29High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Chairman of the Supervisory Board Yi Li was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.Reported Earnings • Apr 29First quarter 2023 earnings released: EPS: CN¥0.02 (vs CN¥0.03 in 1Q 2022)First quarter 2023 results: EPS: CN¥0.02 (down from CN¥0.03 in 1Q 2022). Revenue: CN¥31.9b (up 2.4% from 1Q 2022). Net income: CN¥254.8m (down 18% from 1Q 2022). Profit margin: 0.8% (down from 1.0% in 1Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.お知らせ • Nov 17Hbis Company Limited Approves Management AppointmentsHbis Company Limited announced at the EGM held on November 15, 2022 that the company approved Election of Zhang Aimin as a non-independent director and Li Yi as a supervisor.Price Target Changed • Nov 16Price target decreased to CN¥2.72Down from CN¥3.41, the current price target is provided by 1 analyst. New target price is 16% above last closing price of CN¥2.34. Stock is up 3.5% over the past year. The company is forecast to post earnings per share of CN¥0.15 for next year compared to CN¥0.24 last year.Board Change • Nov 16High number of new directorsThere are 7 new directors who have joined the board in the last 3 years. Chairman of the Board of Supervisors Huaming Zhu was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.Reported Earnings • Oct 27Third quarter 2022 earnings released: EPS: CN¥0.018 (vs CN¥0.08 in 3Q 2021)Third quarter 2022 results: EPS: CN¥0.018 (down from CN¥0.08 in 3Q 2021). Revenue: CN¥38.0b (down 19% from 3Q 2021). Net income: CN¥188.8m (down 78% from 3Q 2021). Profit margin: 0.5% (down from 1.8% in 3Q 2021). Revenue is expected to decline by 1.5% p.a. on average during the next 2 years, while revenues in the Metals and Mining industry in China are expected to grow by 11%. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.Reported Earnings • Aug 27Second quarter 2022 earnings released: EPS: CN¥0.064 (vs CN¥0.091 in 2Q 2021)Second quarter 2022 results: EPS: CN¥0.064 (down from CN¥0.091 in 2Q 2021). Revenue: CN¥40.9b (down 2.6% from 2Q 2021). Net income: CN¥662.1m (down 36% from 2Q 2021). Profit margin: 1.6% (down from 2.5% in 2Q 2021). Over the next year, revenue is expected to shrink by 9.1% compared to a 30% growth forecast for the Metals and Mining industry in China. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.Valuation Update With 7 Day Price Move • Jul 06Investor sentiment improved over the past weekAfter last week's 16% share price gain to CN¥2.63, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 15x in the Metals and Mining industry in China. Total loss to shareholders of 3.1% over the past three years.お知らせ • May 31Hbis Company Limited Approves Cash Dividend for the Year 2021Hbis Company Limited announced that at its AGM held on May 27, 2022, shareholders approved the cash dividend of CNY 1.00 per 10 shares (tax included) for the year 2021.お知らせ • May 10Hbis Company Limited, Annual General Meeting, May 27, 2022Hbis Company Limited, Annual General Meeting, May 27, 2022, at 14:30 China Standard Time. Agenda: To discuss the 2021 work report of the board of directors; to discuss 2021 work report of the supervisory committee; to discuss 2021 annual accounts report; to discuss 2021 profit distribution plan; to discuss 2021 annual report and its summary; to discuss Renewal of a financial service agreement with a company; to reappoint of 2022 audit firm; to discuss application for registration and issuance of perpetual medium-term notes; to discuss Amendments to the Company's articles of association; to discuss amendments to the Company's articles of association; to elect non-independent directors; and to discuss other matters.Price Target Changed • Apr 27Price target decreased to CN¥3.10Down from CN¥3.41, the current price target is provided by 1 analyst. New target price is 35% above last closing price of CN¥2.29. Stock is down 12% over the past year. The company is forecast to post earnings per share of CN¥0.24 for next year compared to CN¥0.24 last year.Board Change • Apr 27High number of new directorsThere are 8 new directors who have joined the board in the last 3 years. Non-Independent Director Haishen Xie was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.お知らせ • Apr 23Hbis Company Limited Proposes Profit Distribution for 2021Hbis Company Limited announced on 22 April 2022 the profit distribution proposal for 2021 as follows: Cash dividend/10 shares (tax included) of CNY1.00000000.Price Target Changed • Oct 27Price target decreased to CN¥3.10Down from CN¥3.35, the current price target is provided by 1 analyst. New target price is 23% above last closing price of CN¥2.53. Stock is up 20% over the past year. The company is forecast to post earnings per share of CN¥0.31 for next year compared to CN¥0.12 last year.Reported Earnings • Oct 23Third quarter 2021 earnings released: EPS CN¥0.08 (vs CN¥0.035 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: CN¥46.7b (up 54% from 3Q 2020). Net income: CN¥847.6m (up 80% from 3Q 2020). Profit margin: 1.8% (up from 1.6% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings.Reported Earnings • Aug 23Second quarter 2021 earnings released: EPS CN¥0.091 (vs CN¥0.044 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CN¥42.0b (up 56% from 2Q 2020). Net income: CN¥1.04b (up 127% from 2Q 2020). Profit margin: 2.5% (up from 1.7% 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 20% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.お知らせ • May 28Hbis Company Limited Approves Cash Dividend for the Year 2020Hbis Company Limited approved a cash dividend of CNY 1.00000000 per share for 10 shares (tax included) for the year 2020.Valuation Update With 7 Day Price Move • May 10Investor sentiment improved over the past weekAfter last week's 17% share price gain to CN¥2.98, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 18x in the Metals and Mining industry in China. Total loss to shareholders of 2.5% over the past three years.Reported Earnings • Apr 20Full year 2020 earnings released: EPS CN¥0.12 (vs CN¥0.20 in FY 2019)The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: CN¥107.7b (down 11% from FY 2019). Net income: CN¥1.70b (down 34% from FY 2019). Profit margin: 1.6% (down from 2.1% in FY 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 12% per year whereas the company’s share price has fallen by 8% per year.お知らせ • Mar 09Hbis Company Limited to Report Fiscal Year 2020 Results on Apr 23, 2021Hbis Company Limited announced that they will report fiscal year 2020 results on Apr 23, 2021お知らせ • Mar 05Hbis Company Limited Announces Board ChangesHbis Company Limited held its Extraordinary General Meeting of 2021 on 02 March 2021, during which the company approved election of non-independent directors: Tian Xin and Deng Jianjun; election of Ma Zhihe as a supervisor.Is New 90 Day High Low • Mar 03New 90-day high: CN¥2.37The company is up 4.0% from its price of CN¥2.27 on 03 December 2020. The Chinese market is up 2.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Metals and Mining industry, which is up 11% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥0.43 per share.Is New 90 Day High Low • Feb 04New 90-day low: CN¥2.04The company is down 4.0% from its price of CN¥2.12 on 06 November 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. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥0.42 per share.Is New 90 Day High Low • Dec 18New 90-day high: CN¥2.30The company is up 3.0% from its price of CN¥2.23 on 18 September 2020. The Chinese market is up 2.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Metals and Mining industry, which is up 6.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥0.51 per share.Reported Earnings • Oct 30Third quarter earnings releasedOver the last 12 months the company has reported total profits of CN¥1.94b, down 5.3% from the prior year. Total revenue was CN¥107.9b over the last 12 months, down 13% from the prior year.Is New 90 Day High Low • Oct 29New 90-day low: CN¥2.09The company is down 7.0% from its price of CN¥2.25 on 31 July 2020. The Chinese market is down 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Metals and Mining industry, which is down 6.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥0.54 per share.お知らせ • Sep 10Hbis Company Limited (SZSE:000709) completed the acquisition of Hegang Leting Steel Co., Ltd. from Xuanhua Steel Group Co., Ltd.Hbis Company Limited (SZSE:000709) signed an equity transfer agreement to acquire Hegang Leting Steel Co., Ltd. from Xuanhua Steel Group Co., Ltd. for CNY 1.0 billion on April 21, 2020. After the transaction is completed, Hbis Company Limited will hold 100% equity of Hegang Leting Steel Co., Ltd. and it will become a wholly owned subsidiary of Hbis Company Limited. For the year ended November 30, 2019, Hegang Leting Steel Co., Ltd. reported total assets of CNY 9.75 billion and net assets of CNY 1.0 billion. The transaction has been approved by the 5th meeting of the 4th Directorate of Hbis Company Limited on 21st April 2020 and no need to submit to the shareholders’ meeting. Hbis Company Limited (SZSE:000709) completed the acquisition of Hegang Leting Steel Co., Ltd. from Xuanhua Steel Group Co., Ltd. in July 2020.お知らせ • Aug 06Hbis Company Limited to Report First Half, 2020 Results on Aug 26, 2020Hbis Company Limited announced that they will report first half, 2020 results on Aug 26, 2020業績と収益の成長予測SZSE:000709 - アナリストの将来予測と過去の財務データ ( )CNY Millions日付収益収益フリー・キャッシュフロー営業活動によるキャッシュ平均アナリスト数12/31/2027124,9652,040N/AN/A112/31/2026124,7711,644N/A17,25913/31/2026116,8971,093-5,75810,306N/A12/31/2025118,1371,002-6,6649,901N/A9/30/2025128,813962-6,62710,501N/A6/30/2025129,104892-7,71410,237N/A3/31/2025124,408781-9,9969,584N/A12/31/2024121,617707-9,3479,678N/A9/30/2024116,438848-7,42410,902N/A6/30/2024117,210986-6,70010,656N/A3/31/2024120,642988-6,71011,254N/A12/31/2023122,7441,084-6,34511,213N/A9/30/2023129,0911,037-17,6035,653N/A6/30/2023135,830932-13,06410,250N/A3/31/2023144,2191,338-9,2319,451N/A1/1/2023143,4701,395-12,0259,235N/A9/30/2022137,9111,482-2,1923,857N/A6/30/2022146,5902,1414,71611,232N/A3/31/2022147,6962,5186,60914,452N/A1/1/2022149,6262,6884,90214,702N/A9/30/2021148,6912,90612,59625,684N/A6/30/2021132,2502,53355313,197N/A3/31/2021117,1071,951-7,5605,750N/A12/31/2020107,6571,698-3,5437,685N/A9/30/2020107,9151,928-8,6449,186N/A6/30/2020109,5392,067-9,3548,723N/A3/31/2020115,7422,405-7,6999,715N/A12/31/2019121,4952,546N/A9,796N/A9/30/2019124,6432,034N/A8,416N/A6/30/2019127,1752,970N/A9,723N/A3/31/2019125,2593,623N/A10,907N/A12/31/2018120,9573,626N/A9,985N/A9/30/2018112,6852,993N/A11,370N/A6/30/2018110,6992,388N/A14,920N/A3/31/2018105,6971,541N/A15,844N/A12/31/2017108,9831,817N/A16,407N/A9/30/2017102,3452,817N/A4,322N/A6/30/201791,1002,397N/A-1,332N/A3/31/201785,0412,088N/A812N/A12/31/201674,5511,555N/A1,225N/A9/30/201671,022999N/A12,757N/A6/30/201668,583625N/A14,637N/A3/31/201668,976501N/A15,511N/A12/31/201573,103573N/A14,366N/A9/30/201583,795704N/A13,767N/A6/30/201590,013721N/A13,205N/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: 000709の予測収益成長率 (年間33.5% ) は 貯蓄率 ( 2.4% ) を上回っています。収益対市場: 000709の収益 ( 33.5% ) はCN市場 ( 27.2% ) よりも速いペースで成長すると予測されています。高成長収益: 000709の収益は今後 3 年間で 大幅に 増加すると予想されています。収益対市場: 000709の収益 ( 3.6% ) CN市場 ( 16.2% ) よりも低い成長が予測されています。高い収益成長: 000709の収益 ( 3.6% ) 20%よりも低い成長が予測されています。一株当たり利益成長率予想将来の株主資本利益率将来のROE: 000709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2026/05/23 13:12終値2026/05/22 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HBIS Company Limited 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。8 アナリスト機関Xian Gong RenBohai Securities Co., Ltd.Shuwei ZhangChina International Capital Corporation LimitedXizeng ZHOUCitic Securities Co., Ltd.5 その他のアナリストを表示
Major Estimate Revision • May 05Consensus EPS estimates increase by 43%, revenue downgradedThe consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast fell from CN¥126.8b to CN¥123.9b. EPS estimate rose from CN¥0.105 to CN¥0.15. Net income forecast to grow 92% next year vs 40% growth forecast for Metals and Mining industry in China. Consensus price target up from CN¥2.13 to CN¥2.40. Share price fell 2.7% to CN¥2.17 over the past week.
Major Estimate Revision • Sep 05Consensus EPS estimates fall by 40%The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate fell from CN¥0.15 to CN¥0.09 per share. Revenue forecast steady at CN¥126.0b. Net income forecast to grow 18% next year vs 39% growth forecast for Metals and Mining industry in China. Consensus price target down from CN¥2.72 to CN¥2.13. Share price fell 4.3% to CN¥1.77 over the past week.
Price Target Changed • Nov 16Price target decreased to CN¥2.72Down from CN¥3.41, the current price target is provided by 1 analyst. New target price is 16% above last closing price of CN¥2.34. Stock is up 3.5% over the past year. The company is forecast to post earnings per share of CN¥0.15 for next year compared to CN¥0.24 last year.
Price Target Changed • Apr 27Price target decreased to CN¥3.10Down from CN¥3.41, the current price target is provided by 1 analyst. New target price is 35% above last closing price of CN¥2.29. Stock is down 12% over the past year. The company is forecast to post earnings per share of CN¥0.24 for next year compared to CN¥0.24 last year.
Price Target Changed • Oct 27Price target decreased to CN¥3.10Down from CN¥3.35, the current price target is provided by 1 analyst. New target price is 23% above last closing price of CN¥2.53. Stock is up 20% over the past year. The company is forecast to post earnings per share of CN¥0.31 for next year compared to CN¥0.12 last year.
New Risk • May 05New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 38% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.8x net interest cover). Minor Risks Paying a dividend despite having no free cash flows. Large one-off items impacting financial results.
Reported Earnings • Apr 29First quarter 2026 earnings released: EPS: CN¥0.027 (vs CN¥0.017 in 1Q 2025)First quarter 2026 results: EPS: CN¥0.027 (up from CN¥0.017 in 1Q 2025). Revenue: CN¥31.3b (down 3.8% from 1Q 2025). Net income: CN¥323.0m (up 39% from 1Q 2025). Profit margin: 1.0% (up from 0.7% in 1Q 2025). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.
New Risk • Apr 28New major risk - Revenue and earnings growthEarnings have declined by 24% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.7x net interest cover). Earnings have declined by 24% per year over the past 5 years. Minor Risks Paying a dividend despite having no free cash flows. Large one-off items impacting financial results.
お知らせ • Mar 31HBIS Company Limited to Report Q1, 2026 Results on Apr 29, 2026HBIS Company Limited announced that they will report Q1, 2026 results on Apr 29, 2026
お知らせ • Dec 31HBIS Company Limited to Report Fiscal Year 2025 Results on Apr 29, 2026HBIS Company Limited announced that they will report fiscal year 2025 results on Apr 29, 2026
お知らせ • Nov 28HBIS Company Limited Approves Board ElectionsHBIS Company Limited held its second extraordinary General Meeting of 2025 on 26 November 2025, approved election of Han Jian and Wang Baowei as non-independent directors of the company.
Reported Earnings • Oct 29Third quarter 2025 earnings released: EPS: CN¥0.017 (vs CN¥0.015 in 3Q 2024)Third quarter 2025 results: EPS: CN¥0.017 (up from CN¥0.015 in 3Q 2024). Revenue: CN¥30.2b (down 1.0% from 3Q 2024). Net income: CN¥224.9m (up 45% from 3Q 2024). Profit margin: 0.7% (up from 0.5% in 3Q 2024). Revenue is expected to decline by 1.1% p.a. on average during the next 2 years, while revenues in the Metals and Mining industry in China are expected to grow by 9.4%. Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.
お知らせ • Sep 30HBIS Company Limited to Report Q3, 2025 Results on Oct 29, 2025HBIS Company Limited announced that they will report Q3, 2025 results on Oct 29, 2025
Reported Earnings • Aug 29Second quarter 2025 earnings released: EPS: CN¥0.032 (vs CN¥0.025 in 2Q 2024)Second quarter 2025 results: EPS: CN¥0.032 (up from CN¥0.025 in 2Q 2024). Revenue: CN¥33.8b (up 16% from 2Q 2024). Net income: CN¥365.8m (up 44% from 2Q 2024). Profit margin: 1.1% (up from 0.9% in 2Q 2024). Revenue is forecast to grow 6.1% p.a. on average during the next 2 years, compared to a 9.4% growth forecast for the Metals and Mining industry in China. Over the last 3 years on average, earnings per share has fallen by 36% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.
Declared Dividend • Jul 14Dividend reduced to CN¥0.03Dividend of CN¥0.03 is 25% lower than last year. Ex-date: 17th July 2025 Payment date: 17th July 2025 Dividend yield will be 1.3%, which is lower than the industry average of 2.8%. Sustainability & Growth Dividend is covered by earnings (40% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has remained flat since 9 years ago. However, payments have been volatile during that time. EPS is expected to grow by 38% over the next year, which should provide support to the dividend and adequate earnings cover.
お知らせ • Jul 02HBIS Company Limited to Report First Half, 2025 Results on Aug 29, 2025HBIS Company Limited announced that they will report first half, 2025 results on Aug 29, 2025
お知らせ • May 22+ 1 more updateHBIS Company Limited Approves Final Cash Dividend for 2024HBIS Company Limited at its AGM held on May 20, 2025, approved profit distribution plan for 2024. Cash dividend/10 shares (tax included): CNY0.30000000.
Major Estimate Revision • May 05Consensus EPS estimates increase by 43%, revenue downgradedThe consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast fell from CN¥126.8b to CN¥123.9b. EPS estimate rose from CN¥0.105 to CN¥0.15. Net income forecast to grow 92% next year vs 40% growth forecast for Metals and Mining industry in China. Consensus price target up from CN¥2.13 to CN¥2.40. Share price fell 2.7% to CN¥2.17 over the past week.
New Risk • Apr 29New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 88% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.6x net interest cover). Minor Risks Paying a dividend despite having no free cash flows. Large one-off items impacting financial results.
New Risk • Apr 27New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 0.6% Last year net profit margin: 0.9% 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: Major Risk Debt is not well covered by operating cash flow (7.5% operating cash flow to total debt). Minor Risks Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (0.6% net profit margin).
Reported Earnings • Apr 25First quarter 2025 earnings released: EPS: CN¥0.02 (vs CN¥0.015 in 1Q 2024)First quarter 2025 results: EPS: CN¥0.02 (up from CN¥0.015 in 1Q 2024). Revenue: CN¥32.5b (up 9.4% from 1Q 2024). Net income: CN¥232.2m (up 46% from 1Q 2024). Profit margin: 0.7% (up from 0.5% in 1Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 12% 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 45% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings.
お知らせ • Apr 25HBIS Company Limited, Annual General Meeting, May 20, 2025HBIS Company Limited, Annual General Meeting, May 20, 2025, at 14:30 China Standard Time. Location: No. 385, Tiyu South Avenue, Shijiazhuang, Hebei China
お知らせ • Mar 31HBIS Company Limited to Report Q1, 2025 Results on Apr 25, 2025HBIS Company Limited announced that they will report Q1, 2025 results on Apr 25, 2025
分析記事 • Mar 17Be Wary Of HBIS (SZSE:000709) And Its Returns On CapitalDid you know there are some financial metrics that can provide clues of a potential multi-bagger? One common approach...
分析記事 • Feb 07HBIS (SZSE:000709) Seems To Be Using A Lot Of DebtThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Board Change • Jan 02High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Non-Independent Director Zhenquan Zhang was the last director to join the board, commencing their role in 2024. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
お知らせ • Dec 31HBIS Company Limited to Report Fiscal Year 2024 Results on Apr 25, 2025HBIS Company Limited announced that they will report fiscal year 2024 results on Apr 25, 2025
分析記事 • Dec 04The Returns On Capital At HBIS (SZSE:000709) Don't Inspire ConfidenceFinding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...
分析記事 • Nov 06We Think That There Are More Issues For HBIS (SZSE:000709) Than Just Sluggish EarningsThe subdued market reaction suggests that HBIS Company Limited's ( SZSE:000709 ) recent earnings didn't contain any...
お知らせ • Nov 06HBIS Company Limited Appoints Zhang Zhenquan as Non-Independent DirectorHBIS Company Limited announced that at the EGM held on 04 November 2024, approved the appointment of Zhang Zhenquan as a non-independent director.
New Risk • Nov 02New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 463% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.5x net interest cover). Minor Risks Paying a dividend despite having no free cash flows. Large one-off items impacting financial results.
Reported Earnings • Oct 31Third quarter 2024 earnings released: EPS: CN¥0.008 (vs CN¥0.02 in 3Q 2023)Third quarter 2024 results: EPS: CN¥0.008 (down from CN¥0.02 in 3Q 2023). Revenue: CN¥30.5b (down 2.5% from 3Q 2023). Net income: CN¥155.5m (down 47% from 3Q 2023). Profit margin: 0.5% (down from 0.9% in 3Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 6.3% p.a. on average during the next 2 years, compared to a 9.6% growth forecast for the Metals and Mining industry in China. Over the last 3 years on average, earnings per share has fallen by 48% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings.
分析記事 • Oct 07Market Might Still Lack Some Conviction On HBIS Company Limited (SZSE:000709) Even After 25% Share Price BoostHBIS Company Limited ( SZSE:000709 ) shares have had a really impressive month, gaining 25% after a shaky period...
お知らせ • Sep 30HBIS Company Limited to Report Q3, 2024 Results on Oct 31, 2024HBIS Company Limited announced that they will report Q3, 2024 results on Oct 31, 2024
Valuation Update With 7 Day Price Move • Sep 27Investor sentiment improves as stock rises 18%After last week's 18% share price gain to CN¥2.02, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 13x in the Metals and Mining industry in China. Total loss to shareholders of 22% over the past three years.
Major Estimate Revision • Sep 05Consensus EPS estimates fall by 40%The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate fell from CN¥0.15 to CN¥0.09 per share. Revenue forecast steady at CN¥126.0b. Net income forecast to grow 18% next year vs 39% growth forecast for Metals and Mining industry in China. Consensus price target down from CN¥2.72 to CN¥2.13. Share price fell 4.3% to CN¥1.77 over the past week.
Reported Earnings • Aug 31Second quarter 2024 earnings releasedSecond quarter 2024 results: Revenue: CN¥29.1b (down 11% from 2Q 2023). Net income: CN¥254.1m (flat on 2Q 2023). Profit margin: 0.9% (in line with 2Q 2023). Revenue is forecast to grow 5.6% p.a. on average during the next 2 years, compared to a 9.5% growth forecast for the Metals and Mining industry in China. Over the last 3 years on average, earnings per share has fallen by 42% per year but the company’s share price has only fallen by 16% per year, which means it has not declined as severely as earnings.
分析記事 • Aug 18HBIS (SZSE:000709) Might Be Having Difficulty Using Its Capital EffectivelyIf we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
Declared Dividend • Jul 08Dividend of CN¥0.04 announcedDividend of CN¥0.04 is the same as last year. Ex-date: 11th July 2024 Payment date: 11th July 2024 Dividend yield will be 2.1%, which is lower than the industry average of 2.8%. Sustainability & Growth Dividend is covered by earnings (42% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 3.7% per year over the past 8 years. However, payments have been volatile during that time. EPS is expected to grow by 37% over the next year, which should provide support to the dividend and adequate earnings cover.
お知らせ • Jun 29HBIS Company Limited to Report First Half, 2024 Results on Aug 30, 2024HBIS Company Limited announced that they will report first half, 2024 results on Aug 30, 2024
分析記事 • Jun 25HBIS (SZSE:000709) Has No Shortage Of DebtLegendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
分析記事 • May 30Investors Aren't Entirely Convinced By HBIS Company Limited's (SZSE:000709) EarningsHBIS Company Limited's ( SZSE:000709 ) price-to-earnings (or "P/E") ratio of 22.7x might make it look like a buy right...
お知らせ • May 25HBIS Company Limited Approves Cash Dividend for the Year 2023HBIS Company Limited at the Annual General Meeting of 2023 held on 22 May 2024 approved a cash dividend/10 shares (tax included) of CNY 0.40000000 for the year 2023.
Board Change • May 22High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Independent Director Shuhuan Wang was the last director to join the board, commencing their role in 2024. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
分析記事 • May 03Weak Statutory Earnings May Not Tell The Whole Story For HBIS (SZSE:000709)HBIS Company Limited's ( SZSE:000709 ) recent weak earnings report didn't cause a big stock movement. Our analysis...
お知らせ • Apr 29HBIS Company Limited, Annual General Meeting, May 22, 2024HBIS Company Limited, Annual General Meeting, May 22, 2024, at 14:30 China Standard Time. Location: No. 385, Tiyu South Avenue, Shijiazhuang, Hebei China
Reported Earnings • Apr 28First quarter 2024 earnings released: EPS: CN¥0.01 (vs CN¥0.02 in 1Q 2023)First quarter 2024 results: EPS: CN¥0.01 (down from CN¥0.02 in 1Q 2023). Revenue: CN¥29.7b (down 6.6% from 1Q 2023). Net income: CN¥159.1m (down 38% from 1Q 2023). Profit margin: 0.5% (down from 0.8% in 1Q 2023). Over the last 3 years on average, earnings per share has fallen by 38% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings.
お知らせ • Mar 30HBIS Company Limited to Report Q1, 2024 Results on Apr 27, 2024HBIS Company Limited announced that they will report Q1, 2024 results on Apr 27, 2024
分析記事 • Mar 05HBIS (SZSE:000709) Will Want To Turn Around Its Return TrendsTo find a multi-bagger stock, what are the underlying trends we should look for in a business? Typically, we'll want to...
お知らせ • Dec 29HBIS Company Limited to Report Fiscal Year 2023 Results on Apr 27, 2024HBIS Company Limited announced that they will report fiscal year 2023 results on Apr 27, 2024
Reported Earnings • Nov 01Third quarter 2023 earnings released: EPS: CN¥0.02 (vs CN¥0.018 in 3Q 2022)Third quarter 2023 results: EPS: CN¥0.02 (up from CN¥0.018 in 3Q 2022). Revenue: CN¥31.3b (down 18% from 3Q 2022). Net income: CN¥294.1m (up 56% from 3Q 2022). Profit margin: 0.9% (up from 0.5% in 3Q 2022). Revenue is forecast to grow 8.0% p.a. on average during the next 2 years, compared to a 12% growth forecast for the Metals and Mining industry in China. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings.
Reported Earnings • Aug 31Second quarter 2023 earnings released: EPS: CN¥0.02 (vs CN¥0.064 in 2Q 2022)Second quarter 2023 results: EPS: CN¥0.02 (down from CN¥0.064 in 2Q 2022). Revenue: CN¥32.5b (down 21% from 2Q 2022). Net income: CN¥255.9m (down 61% from 2Q 2022). Profit margin: 0.8% (down from 1.6% in 2Q 2022). Revenue is forecast to grow 5.2% p.a. on average during the next 2 years, compared to a 12% growth forecast for the Metals and Mining industry in China. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.
お知らせ • Jul 13Hebei Steel Corp. Announces Final Profit Distribution Plan to Be Implemented on A Shares for the Year 2022, Payable on 19 July 2023Hebei Steel Corp. announced final profit distribution plan to be implemented on A shares as cash dividend per ten shares (tax included) of CNY 0.40000000 for the year 2022, payable on 19 July 2023. Record date is 18 July 2023. Ex-date is 19 July 2023.
Board Change • Jun 29High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Chairman of the Supervisory Board Yi Li was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
Reported Earnings • Apr 29First quarter 2023 earnings released: EPS: CN¥0.02 (vs CN¥0.03 in 1Q 2022)First quarter 2023 results: EPS: CN¥0.02 (down from CN¥0.03 in 1Q 2022). Revenue: CN¥31.9b (up 2.4% from 1Q 2022). Net income: CN¥254.8m (down 18% from 1Q 2022). Profit margin: 0.8% (down from 1.0% in 1Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.
お知らせ • Nov 17Hbis Company Limited Approves Management AppointmentsHbis Company Limited announced at the EGM held on November 15, 2022 that the company approved Election of Zhang Aimin as a non-independent director and Li Yi as a supervisor.
Price Target Changed • Nov 16Price target decreased to CN¥2.72Down from CN¥3.41, the current price target is provided by 1 analyst. New target price is 16% above last closing price of CN¥2.34. Stock is up 3.5% over the past year. The company is forecast to post earnings per share of CN¥0.15 for next year compared to CN¥0.24 last year.
Board Change • Nov 16High number of new directorsThere are 7 new directors who have joined the board in the last 3 years. Chairman of the Board of Supervisors Huaming Zhu was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
Reported Earnings • Oct 27Third quarter 2022 earnings released: EPS: CN¥0.018 (vs CN¥0.08 in 3Q 2021)Third quarter 2022 results: EPS: CN¥0.018 (down from CN¥0.08 in 3Q 2021). Revenue: CN¥38.0b (down 19% from 3Q 2021). Net income: CN¥188.8m (down 78% from 3Q 2021). Profit margin: 0.5% (down from 1.8% in 3Q 2021). Revenue is expected to decline by 1.5% p.a. on average during the next 2 years, while revenues in the Metals and Mining industry in China are expected to grow by 11%. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.
Reported Earnings • Aug 27Second quarter 2022 earnings released: EPS: CN¥0.064 (vs CN¥0.091 in 2Q 2021)Second quarter 2022 results: EPS: CN¥0.064 (down from CN¥0.091 in 2Q 2021). Revenue: CN¥40.9b (down 2.6% from 2Q 2021). Net income: CN¥662.1m (down 36% from 2Q 2021). Profit margin: 1.6% (down from 2.5% in 2Q 2021). Over the next year, revenue is expected to shrink by 9.1% compared to a 30% growth forecast for the Metals and Mining industry in China. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.
Valuation Update With 7 Day Price Move • Jul 06Investor sentiment improved over the past weekAfter last week's 16% share price gain to CN¥2.63, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 15x in the Metals and Mining industry in China. Total loss to shareholders of 3.1% over the past three years.
お知らせ • May 31Hbis Company Limited Approves Cash Dividend for the Year 2021Hbis Company Limited announced that at its AGM held on May 27, 2022, shareholders approved the cash dividend of CNY 1.00 per 10 shares (tax included) for the year 2021.
お知らせ • May 10Hbis Company Limited, Annual General Meeting, May 27, 2022Hbis Company Limited, Annual General Meeting, May 27, 2022, at 14:30 China Standard Time. Agenda: To discuss the 2021 work report of the board of directors; to discuss 2021 work report of the supervisory committee; to discuss 2021 annual accounts report; to discuss 2021 profit distribution plan; to discuss 2021 annual report and its summary; to discuss Renewal of a financial service agreement with a company; to reappoint of 2022 audit firm; to discuss application for registration and issuance of perpetual medium-term notes; to discuss Amendments to the Company's articles of association; to discuss amendments to the Company's articles of association; to elect non-independent directors; and to discuss other matters.
Price Target Changed • Apr 27Price target decreased to CN¥3.10Down from CN¥3.41, the current price target is provided by 1 analyst. New target price is 35% above last closing price of CN¥2.29. Stock is down 12% over the past year. The company is forecast to post earnings per share of CN¥0.24 for next year compared to CN¥0.24 last year.
Board Change • Apr 27High number of new directorsThere are 8 new directors who have joined the board in the last 3 years. Non-Independent Director Haishen Xie was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
お知らせ • Apr 23Hbis Company Limited Proposes Profit Distribution for 2021Hbis Company Limited announced on 22 April 2022 the profit distribution proposal for 2021 as follows: Cash dividend/10 shares (tax included) of CNY1.00000000.
Price Target Changed • Oct 27Price target decreased to CN¥3.10Down from CN¥3.35, the current price target is provided by 1 analyst. New target price is 23% above last closing price of CN¥2.53. Stock is up 20% over the past year. The company is forecast to post earnings per share of CN¥0.31 for next year compared to CN¥0.12 last year.
Reported Earnings • Oct 23Third quarter 2021 earnings released: EPS CN¥0.08 (vs CN¥0.035 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: CN¥46.7b (up 54% from 3Q 2020). Net income: CN¥847.6m (up 80% from 3Q 2020). Profit margin: 1.8% (up from 1.6% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings.
Reported Earnings • Aug 23Second quarter 2021 earnings released: EPS CN¥0.091 (vs CN¥0.044 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CN¥42.0b (up 56% from 2Q 2020). Net income: CN¥1.04b (up 127% from 2Q 2020). Profit margin: 2.5% (up from 1.7% 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 20% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.
お知らせ • May 28Hbis Company Limited Approves Cash Dividend for the Year 2020Hbis Company Limited approved a cash dividend of CNY 1.00000000 per share for 10 shares (tax included) for the year 2020.
Valuation Update With 7 Day Price Move • May 10Investor sentiment improved over the past weekAfter last week's 17% share price gain to CN¥2.98, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 18x in the Metals and Mining industry in China. Total loss to shareholders of 2.5% over the past three years.
Reported Earnings • Apr 20Full year 2020 earnings released: EPS CN¥0.12 (vs CN¥0.20 in FY 2019)The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: CN¥107.7b (down 11% from FY 2019). Net income: CN¥1.70b (down 34% from FY 2019). Profit margin: 1.6% (down from 2.1% in FY 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 12% per year whereas the company’s share price has fallen by 8% per year.
お知らせ • Mar 09Hbis Company Limited to Report Fiscal Year 2020 Results on Apr 23, 2021Hbis Company Limited announced that they will report fiscal year 2020 results on Apr 23, 2021
お知らせ • Mar 05Hbis Company Limited Announces Board ChangesHbis Company Limited held its Extraordinary General Meeting of 2021 on 02 March 2021, during which the company approved election of non-independent directors: Tian Xin and Deng Jianjun; election of Ma Zhihe as a supervisor.
Is New 90 Day High Low • Mar 03New 90-day high: CN¥2.37The company is up 4.0% from its price of CN¥2.27 on 03 December 2020. The Chinese market is up 2.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Metals and Mining industry, which is up 11% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥0.43 per share.
Is New 90 Day High Low • Feb 04New 90-day low: CN¥2.04The company is down 4.0% from its price of CN¥2.12 on 06 November 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. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥0.42 per share.
Is New 90 Day High Low • Dec 18New 90-day high: CN¥2.30The company is up 3.0% from its price of CN¥2.23 on 18 September 2020. The Chinese market is up 2.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Metals and Mining industry, which is up 6.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥0.51 per share.
Reported Earnings • Oct 30Third quarter earnings releasedOver the last 12 months the company has reported total profits of CN¥1.94b, down 5.3% from the prior year. Total revenue was CN¥107.9b over the last 12 months, down 13% from the prior year.
Is New 90 Day High Low • Oct 29New 90-day low: CN¥2.09The company is down 7.0% from its price of CN¥2.25 on 31 July 2020. The Chinese market is down 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Metals and Mining industry, which is down 6.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥0.54 per share.
お知らせ • Sep 10Hbis Company Limited (SZSE:000709) completed the acquisition of Hegang Leting Steel Co., Ltd. from Xuanhua Steel Group Co., Ltd.Hbis Company Limited (SZSE:000709) signed an equity transfer agreement to acquire Hegang Leting Steel Co., Ltd. from Xuanhua Steel Group Co., Ltd. for CNY 1.0 billion on April 21, 2020. After the transaction is completed, Hbis Company Limited will hold 100% equity of Hegang Leting Steel Co., Ltd. and it will become a wholly owned subsidiary of Hbis Company Limited. For the year ended November 30, 2019, Hegang Leting Steel Co., Ltd. reported total assets of CNY 9.75 billion and net assets of CNY 1.0 billion. The transaction has been approved by the 5th meeting of the 4th Directorate of Hbis Company Limited on 21st April 2020 and no need to submit to the shareholders’ meeting. Hbis Company Limited (SZSE:000709) completed the acquisition of Hegang Leting Steel Co., Ltd. from Xuanhua Steel Group Co., Ltd. in July 2020.
お知らせ • Aug 06Hbis Company Limited to Report First Half, 2020 Results on Aug 26, 2020Hbis Company Limited announced that they will report first half, 2020 results on Aug 26, 2020