View ValuationTianshan Material 将来の成長Future 基準チェック /36Tianshan Material利益と収益がそれぞれ年間118.1%と1%増加すると予測されています。EPS は年間 増加すると予想されています。自己資本利益率は 3 年後に0.7% 118.4%なると予測されています。主要情報118.1%収益成長率118.40%EPS成長率Basic Materials 収益成長30.4%収益成長率1.0%将来の株主資本利益率0.70%アナリストカバレッジLow最終更新日01 Jun 2026今後の成長に関する最新情報Price Target Changed • Apr 07Price target decreased by 31% to CN¥5.41Down from CN¥7.83, the current price target is provided by 1 analyst. New target price is 11% above last closing price of CN¥4.87. Stock is down 11% over the past year. The company is forecast to post earnings per share of CN¥0.01 next year compared to a net loss per share of CN¥1.03 last year.Major Estimate Revision • Oct 30Consensus EPS estimates fall by 57%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from CN¥81.5b to CN¥76.5b. EPS estimate also fell from CN¥0.255 per share to CN¥0.11 per share. Net income forecast to shrink 2.8% next year vs 19% growth forecast for Basic Materials industry in China . Consensus price target down from CN¥7.83 to CN¥7.52. Share price fell 4.9% to CN¥5.96 over the past week.Price Target Changed • Apr 16Price target increased by 11% to CN¥7.88Up from CN¥7.07, the current price target is an average from 2 analysts. New target price is 41% above last closing price of CN¥5.57. Stock is down 18% over the past year. The company is forecast to post earnings per share of CN¥0.32 next year compared to a net loss per share of CN¥0.075 last year.Price Target Changed • Dec 19Price target increased by 22% to CN¥7.07Up from CN¥5.82, the current price target is an average from 3 analysts. New target price is 14% above last closing price of CN¥6.22. Stock is down 6.2% over the past year. The company is forecast to post earnings per share of CN¥0.11 for next year compared to CN¥0.23 last year.Price Target Changed • Aug 29Price target decreased by 9.0% to CN¥6.29Down from CN¥6.92, the current price target is an average from 4 analysts. New target price is 36% above last closing price of CN¥4.61. Stock is down 40% over the past year. The company is forecast to post earnings per share of CN¥0.06 for next year compared to CN¥0.23 last year.Price Target Changed • Apr 02Price target decreased by 10% to CN¥7.04Down from CN¥7.83, the current price target is an average from 3 analysts. New target price is approximately in line with last closing price of CN¥6.97. Stock is down 22% over the past year. The company is forecast to post earnings per share of CN¥0.18 for next year compared to CN¥0.23 last year.すべての更新を表示Recent updatesお知らせ • Jun 30Tianshan Material Co., Ltd. to Report First Half, 2026 Results on Aug 26, 2026Tianshan Material Co., Ltd. announced that they will report first half, 2026 results on Aug 26, 2026Price Target Changed • Apr 07Price target decreased by 31% to CN¥5.41Down from CN¥7.83, the current price target is provided by 1 analyst. New target price is 11% above last closing price of CN¥4.87. Stock is down 11% over the past year. The company is forecast to post earnings per share of CN¥0.01 next year compared to a net loss per share of CN¥1.03 last year.お知らせ • Mar 31Tianshan Material Co., Ltd. to Report Q1, 2026 Results on Apr 28, 2026Tianshan Material Co., Ltd. announced that they will report Q1, 2026 results on Apr 28, 2026Reported Earnings • Mar 31Full year 2025 earnings released: CN¥1.03 loss per share (vs CN¥0.075 loss in FY 2024)Full year 2025 results: CN¥1.03 loss per share (further deteriorated from CN¥0.075 loss in FY 2024). Revenue: CN¥74.5b (down 14% from FY 2024). Net loss: CN¥7.29b (loss widened CN¥6.69b from FY 2024). Revenue is forecast to grow 2.3% p.a. on average during the next 2 years, compared to a 6.0% growth forecast for the Basic Materials industry in China. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 66 percentage points per year, which is a significant difference in performance.お知らせ • Mar 31Tianshan Material Co., Ltd., Annual General Meeting, Apr 23, 2026Tianshan Material Co., Ltd., Annual General Meeting, Apr 23, 2026, at 14:30 China Standard Time. Location: No. 70, Shiboguan Road, Pudong New Area, Shanghai Chinaお知らせ • Dec 31Tianshan Material Co., Ltd. to Report Fiscal Year 2025 Results on Mar 26, 2026Tianshan Material Co., Ltd. announced that they will report fiscal year 2025 results on Mar 26, 2026Major Estimate Revision • Oct 30Consensus EPS estimates fall by 57%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from CN¥81.5b to CN¥76.5b. EPS estimate also fell from CN¥0.255 per share to CN¥0.11 per share. Net income forecast to shrink 2.8% next year vs 19% growth forecast for Basic Materials industry in China . Consensus price target down from CN¥7.83 to CN¥7.52. Share price fell 4.9% to CN¥5.96 over the past week.New Risk • Oct 10New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Chinese stocks, typically moving 9.1% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.5x net interest cover). Share price has been highly volatile over the past 3 months (9.1% average weekly change). Minor Risk Large one-off items impacting financial results.お知らせ • Sep 30Tianshan Material Co., Ltd. to Report Q3, 2025 Results on Oct 24, 2025Tianshan Material Co., Ltd. announced that they will report Q3, 2025 results on Oct 24, 2025Valuation Update With 7 Day Price Move • Aug 25Investor sentiment improves as stock rises 26%After last week's 26% share price gain to CN¥7.24, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 18x in the Basic Materials industry in China. Total loss to shareholders of 22% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥3.46 per share.New Risk • Aug 22New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 7.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.5x net interest cover). Minor Risks Share price has been volatile over the past 3 months (7.0% average weekly change). Large one-off items impacting financial results.お知らせ • Jul 02Tianshan Material Co., Ltd. to Report First Half, 2025 Results on Aug 19, 2025Tianshan Material Co., Ltd. announced that they will report first half, 2025 results on Aug 19, 2025Reported Earnings • Apr 27First quarter 2025 earnings released: CN¥0.21 loss per share (vs CN¥0.22 loss in 1Q 2024)First quarter 2025 results: CN¥0.21 loss per share (improved from CN¥0.22 loss in 1Q 2024). Revenue: CN¥14.9b (down 8.6% from 1Q 2024). Net loss: CN¥1.49b (loss narrowed 22% from 1Q 2024). Revenue is forecast to stay flat during the next 3 years compared to a 5.9% growth forecast for the Basic Materials industry in China. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 82 percentage points per year, which is a significant difference in performance.Price Target Changed • Apr 16Price target increased by 11% to CN¥7.88Up from CN¥7.07, the current price target is an average from 2 analysts. New target price is 41% above last closing price of CN¥5.57. Stock is down 18% over the past year. The company is forecast to post earnings per share of CN¥0.32 next year compared to a net loss per share of CN¥0.075 last year.お知らせ • Mar 31Tianshan Material Co., Ltd. to Report Q1, 2025 Results on Apr 24, 2025Tianshan Material Co., Ltd. announced that they will report Q1, 2025 results on Apr 24, 2025Reported Earnings • Mar 27Full year 2024 earnings: EPS and revenues miss analyst expectationsFull year 2024 results: CN¥0.075 loss per share (down from CN¥0.23 profit in FY 2023). Revenue: CN¥87.0b (down 19% from FY 2023). Net loss: CN¥598.4m (down 131% from profit in FY 2023). Revenue missed analyst estimates by 3.4%. Earnings per share (EPS) were also behind analyst expectations. Revenue is forecast to grow 3.1% p.a. on average during the next 2 years, compared to a 7.5% growth forecast for the Basic Materials industry in China. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 79 percentage points per year, which is a significant difference in performance.お知らせ • Mar 27Tianshan Material Co., Ltd., Annual General Meeting, Apr 18, 2025Tianshan Material Co., Ltd., Annual General Meeting, Apr 18, 2025, at 14:30 China Standard Time. Location: No. 70, World Expo Museum Road, Pudong New Area, Shanghai ChinaBoard Change • Feb 14High number of new and inexperienced directorsThere are 8 new directors who have joined the board in the last 3 years. The company's board is composed of: 8 new directors. 4 experienced directors. No highly experienced directors. President & Non-Independent Director Xinjun Zhao is the most experienced director on the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.お知らせ • Feb 13Tianshan Material Co., Ltd. Approves Management AppointmentsTianshan Material Co., Ltd. at its Extraordinary General Meeting of 2025 held on 11 February 2025, approved election of Zhao Xinjun, Yu Yuehua, Fan Liting, Zhang Jiwu and Shen Jun as non-independent directors; election of Kong Weiping and Li Chen as independent director and election of Zhuang Qinxia, Du Guangyuan and Shang Deying as supervisors.分析記事 • Feb 10Tianshan Material (SZSE:000877) Seems To Be Using A Lot Of DebtLegendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...分析記事 • Jan 06Why Investors Shouldn't Be Surprised By Tianshan Material Co., Ltd.'s (SZSE:000877) Low P/SWith a price-to-sales (or "P/S") ratio of 0.4x Tianshan Material Co., Ltd. ( SZSE:000877 ) may be sending bullish...お知らせ • Dec 31Tianshan Material Co., Ltd. to Report Fiscal Year 2024 Results on Mar 27, 2025Tianshan Material Co., Ltd. announced that they will report fiscal year 2024 results on Mar 27, 2025Price Target Changed • Dec 19Price target increased by 22% to CN¥7.07Up from CN¥5.82, the current price target is an average from 3 analysts. New target price is 14% above last closing price of CN¥6.22. Stock is down 6.2% over the past year. The company is forecast to post earnings per share of CN¥0.11 for next year compared to CN¥0.23 last year.Reported Earnings • Oct 26Third quarter 2024 earnings released: CN¥0.044 loss per share (vs CN¥0.011 loss in 3Q 2023)Third quarter 2024 results: CN¥0.044 loss per share (further deteriorated from CN¥0.011 loss in 3Q 2023). Revenue: CN¥21.8b (down 19% from 3Q 2023). Net loss: CN¥334.2m (loss widened 268% from 3Q 2023). Revenue is forecast to grow 4.6% p.a. on average during the next 3 years, compared to a 7.6% growth forecast for the Basic Materials industry in China. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 78 percentage points per year, which is a significant difference in performance.分析記事 • Oct 01Tianshan Material Co., Ltd.'s (SZSE:000877) Business And Shares Still Trailing The IndustryWhen you see that almost half of the companies in the Basic Materials industry in China have price-to-sales ratios (or...お知らせ • Sep 30Tianshan Material Co., Ltd. to Report Q3, 2024 Results on Oct 26, 2024Tianshan Material Co., Ltd. announced that they will report Q3, 2024 results on Oct 26, 2024Price Target Changed • Aug 29Price target decreased by 9.0% to CN¥6.29Down from CN¥6.92, the current price target is an average from 4 analysts. New target price is 36% above last closing price of CN¥4.61. Stock is down 40% over the past year. The company is forecast to post earnings per share of CN¥0.06 for next year compared to CN¥0.23 last year.Reported Earnings • Aug 27Second quarter 2024 earnings released: CN¥0.17 loss per share (vs CN¥0.16 profit in 2Q 2023)Second quarter 2024 results: CN¥0.17 loss per share (down from CN¥0.16 profit in 2Q 2023). Revenue: CN¥23.3b (down 25% from 2Q 2023). Net loss: CN¥1.49b (down 209% from profit in 2Q 2023). Revenue is forecast to grow 4.0% p.a. on average during the next 3 years, compared to a 8.3% growth forecast for the Basic Materials industry in China. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 58 percentage points per year, which is a significant difference in performance.分析記事 • Jul 27Tianshan Material (SZSE:000877) Use Of Debt Could Be Considered RiskyLegendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...お知らせ • Jun 29Tianshan Material Co., Ltd. to Report First Half, 2024 Results on Aug 29, 2024Tianshan Material Co., Ltd. announced that they will report first half, 2024 results on Aug 29, 2024分析記事 • Jun 21Tianshan Material Co., Ltd. (SZSE:000877) Shares Could Be 41% Below Their Intrinsic Value EstimateKey Insights Using the 2 Stage Free Cash Flow to Equity, Tianshan Material fair value estimate is CN¥8.59 Tianshan...分析記事 • May 24Tianshan Material (SZSE:000877) Is Reducing Its Dividend To CN¥0.114Tianshan Material Co., Ltd. ( SZSE:000877 ) is reducing its dividend from last year's comparable payment to CN¥0.114 on...Declared Dividend • May 24Dividend reduced to CN¥0.11Dividend of CN¥0.11 is 58% lower than last year. Ex-date: 29th May 2024 Payment date: 29th May 2024 Dividend yield will be 1.8%, which is lower than the industry average of 3.0%. Sustainability & Growth Dividend is covered by both earnings (78% earnings payout ratio) and cash flows (23% cash payout ratio). The dividend has increased by an average of 1.3% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 100% over the next 3 years, which should provide support to the dividend and adequate earnings cover.分析記事 • May 06Earnings Troubles May Signal Larger Issues for Tianshan Material (SZSE:000877) ShareholdersInvestors were disappointed by Tianshan Material Co., Ltd.'s ( SZSE:000877 ) latest earnings release. We did some...Reported Earnings • Apr 30First quarter 2024 earnings released: CN¥0.22 loss per share (vs CN¥0.14 loss in 1Q 2023)First quarter 2024 results: CN¥0.22 loss per share (further deteriorated from CN¥0.14 loss in 1Q 2023). Revenue: CN¥16.4b (down 27% from 1Q 2023). Net loss: CN¥1.92b (loss widened 56% from 1Q 2023). Revenue is forecast to grow 6.3% p.a. on average during the next 3 years, compared to a 8.7% growth forecast for the Basic Materials industry in China. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 50 percentage points per year, which is a significant difference in performance.Buy Or Sell Opportunity • Apr 30Now 25% undervalued after recent price dropOver the last 90 days, the stock has fallen 2.7% to CN¥6.44. The fair value is estimated to be CN¥8.59, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 24% over the last 3 years. Earnings per share has declined by 74%. Revenue is forecast to grow by 16% in 2 years. Earnings are forecast to grow by 171% in the next 2 years.Price Target Changed • Apr 02Price target decreased by 10% to CN¥7.04Down from CN¥7.83, the current price target is an average from 3 analysts. New target price is approximately in line with last closing price of CN¥6.97. Stock is down 22% over the past year. The company is forecast to post earnings per share of CN¥0.18 for next year compared to CN¥0.23 last year.お知らせ • Mar 30Xinjiangtianshan Cement Co.,Ltd to Report Q1, 2024 Results on Apr 30, 2024Xinjiangtianshan Cement Co.,Ltd announced that they will report Q1, 2024 results on Apr 30, 2024分析記事 • Mar 29Earnings Report: Xinjiangtianshan Cement Co.,Ltd Missed Revenue Estimates By 11%It's shaping up to be a tough period for Xinjiangtianshan Cement Co.,Ltd ( SZSE:000877 ), which a week ago released...お知らせ • Mar 27Xinjiangtianshan Cement Co.,Ltd, Annual General Meeting, Apr 18, 2024Xinjiangtianshan Cement Co.,Ltd, Annual General Meeting, Apr 18, 2024, at 14:30 China Standard Time. Location: No. 70, World Expo Museum Road, Pudong New Area, Shanghai ChinaReported Earnings • Mar 27Full year 2023 earnings: EPS and revenues miss analyst expectationsFull year 2023 results: EPS: CN¥0.23 (down from CN¥0.53 in FY 2022). Revenue: CN¥107.4b (down 19% from FY 2022). Net income: CN¥1.97b (down 57% from FY 2022). Profit margin: 1.8% (down from 3.4% in FY 2022). Revenue missed analyst estimates by 11%. Earnings per share (EPS) also missed analyst estimates by 3.9%. Revenue is forecast to grow 9.9% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Basic Materials industry in China. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 41 percentage points per year, which is a significant difference in performance.Buy Or Sell Opportunity • Mar 26Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 5.8% to CN¥6.98. The fair value is estimated to be CN¥5.80, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 12% over the last 3 years. Earnings per share has declined by 55%. For the next 3 years, revenue is forecast to grow by 6.2% per annum. Earnings are also forecast to grow by 46% per annum over the same time period.分析記事 • Feb 29Estimating The Fair Value Of Xinjiangtianshan Cement Co.,Ltd (SZSE:000877)Key Insights Using the 2 Stage Free Cash Flow to Equity, Xinjiangtianshan CementLtd fair value estimate is CN¥5.80...Buy Or Sell Opportunity • Feb 05Now 21% overvaluedOver the last 90 days, the stock has fallen 6.4% to CN¥6.77. The fair value is estimated to be CN¥5.58, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 12% over the last 3 years. Earnings per share has declined by 55%. For the next 3 years, revenue is forecast to grow by 6.2% per annum. Earnings are also forecast to grow by 34% per annum over the same time period.お知らせ • Jan 27Xinjiang Tianshan Cement Co., Ltd. Provides Earnings Guidance for the Year Ended December 31, 2023Xinjiang Tianshan Cement Co. Ltd. provided earnings guidance for the year ended December 31, 2023. For the period, the company expects net profit attributable to shareholders of the company of RMB 1,600.00 million to RMB 2,080.00 million, decrease as compared with the same period of last year: 64.78% to 54.21%. Net profit after deducting non-recurring gains or losses of RMB 500.00 million to RMB 1,000.00 million, decrease as compared with the same period of last year: 81.51% to 63.03%. Basic earnings per share of RMB 0.1847 to RMB 0.2401.お知らせ • Dec 30Xinjiangtianshan Cement Co.,Ltd to Report Fiscal Year 2023 Results on Mar 27, 2024Xinjiangtianshan Cement Co.,Ltd announced that they will report fiscal year 2023 results on Mar 27, 2024お知らせ • Oct 29Xinjiangtianshan Cement Co.,Ltd Announces Board ChangesXinjiangtianshan Cement Co.,Ltd announced the election of non-independent directors as follows:-Wang Bing and Yin Zhisong at its Extraordinary General Meeting held on 25 Oct. 2023.Reported Earnings • Oct 26Third quarter 2023 earnings released: CN¥0.011 loss per share (vs CN¥0.067 profit in 3Q 2022)Third quarter 2023 results: CN¥0.011 loss per share (down from CN¥0.067 profit in 3Q 2022). Revenue: CN¥26.9b (down 19% from 3Q 2022). Net loss: CN¥90.9m (down 116% from profit in 3Q 2022). Revenue is forecast to grow 5.3% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Basic Materials industry in China. Over the last 3 years on average, earnings per share has fallen by 55% per year but the company’s share price has only fallen by 23% per year, which means it has not declined as severely as earnings.お知らせ • Sep 30Xinjiangtianshan Cement Co.,Ltd to Report Q3, 2023 Results on Oct 26, 2023Xinjiangtianshan Cement Co.,Ltd announced that they will report Q3, 2023 results on Oct 26, 2023Major Estimate Revision • Aug 30Consensus EPS estimates fall by 21%The consensus outlook for earnings per share (EPS) in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from CN¥137.3b to CN¥129.3b. EPS estimate also fell from CN¥1.02 per share to CN¥0.80 per share. Net income forecast to grow 696% next year vs 77% growth forecast for Basic Materials industry in China. Consensus price target down from CN¥9.48 to CN¥8.47. Share price fell 3.9% to CN¥7.82 over the past week.Price Target Changed • Aug 29Price target decreased by 11% to CN¥8.47Down from CN¥9.48, the current price target is an average from 4 analysts. New target price is 5.7% above last closing price of CN¥8.01. Stock is down 18% over the past year. The company is forecast to post earnings per share of CN¥0.80 for next year compared to CN¥0.53 last year.Reported Earnings • Aug 24Second quarter 2023 earnings released: EPS: CN¥0.16 (vs CN¥0.28 in 2Q 2022)Second quarter 2023 results: EPS: CN¥0.16 (down from CN¥0.28 in 2Q 2022). Revenue: CN¥31.1b (down 17% from 2Q 2022). Net income: CN¥1.37b (down 44% from 2Q 2022). Profit margin: 4.4% (down from 6.6% in 2Q 2022). Revenue is forecast to grow 7.5% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Basic Materials 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 28% per year, which means it has not declined as severely as earnings.お知らせ • Jul 13Xinjiang Tianshan Cement Co., Ltd. Provides Earnings Guidance for the Period from 1 January 2023 to 30 June 2023Xinjiang Tianshan Cement Co. Ltd. provides earnings guidance for the period from 1 January 2023 to 30 June 2023. Net profit attributable to shareholders of Tianshan Cement of RMB 100.00 million to RMB 150.00 million. Basic earnings per share RMB 0.0115 to RMB 0.0173.お知らせ • May 27Xinjiangtianshan Cement Co.,Ltd Announces Final Dividend on share A for 2022, Payable on June 2, 2023Xinjiangtianshan Cement Co.,Ltd announced final Cash dividend/10 shares (tax included): CNY 2.70000000 on share A for 2022. Record date: 01 June 2023, Ex-date: 02 June 2023, Payment date: 02 June 2023.Major Estimate Revision • Mar 28Consensus revenue estimates fall by 13%The consensus outlook for revenues in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from CN¥159.6b to CN¥138.3b. EPS estimate fell from CN¥1.26 to CN¥0.86 per share. Net income forecast to grow 65% next year vs 53% growth forecast for Basic Materials industry in China. Consensus price target down from CN¥11.43 to CN¥10.26. Share price fell 5.4% to CN¥8.91 over the past week.Price Target Changed • Mar 24Price target decreased by 15% to CN¥9.76Down from CN¥11.43, the current price target is an average from 3 analysts. New target price is 5.7% above last closing price of CN¥9.23. Stock is down 28% over the past year. The company is forecast to post earnings per share of CN¥1.12 for next year compared to CN¥0.53 last year.Reported Earnings • Mar 22Full year 2022 earnings: EPS and revenues miss analyst expectationsFull year 2022 results: EPS: CN¥0.53 (down from CN¥1.57 in FY 2021). Revenue: CN¥132.6b (down 22% from FY 2021). Net income: CN¥4.54b (down 64% from FY 2021). Profit margin: 3.4% (down from 7.4% in FY 2021). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 16%. Earnings per share (EPS) also missed analyst estimates by 41%. Revenue is forecast to grow 9.1% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Basic Materials industry in China. Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings.お知らせ • Nov 17Xinjiangtianshan Cement Co.,Ltd Approves Liu Yan as Non-Independent DirectorsXinjiangtianshan Cement Co.,Ltd at its 5th Extraordinary General Meeting of 2022 on 15 November 2022, approved Liu Yan as non-independent directors.Price Target Changed • Nov 16Price target decreased to CN¥13.24Down from CN¥15.06, the current price target is an average from 3 analysts. New target price is 49% above last closing price of CN¥8.88. Stock is down 36% over the past year. The company is forecast to post earnings per share of CN¥1.11 for next year compared to CN¥1.57 last year.Board Change • Nov 16Less than half of directors are independentThere are 9 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 9 new directors. 1 experienced director. No highly experienced directors. 3 independent directors (5 non-independent directors). Independent Director Lei Zhan is the most experienced director on the board, commencing their role in 2018. Independent Director Xiangzhong Kong was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors.Reported Earnings • Oct 30Third quarter 2022 earnings released: EPS: CN¥0.067 (vs CN¥0.42 in 3Q 2021)Third quarter 2022 results: EPS: CN¥0.067 (down from CN¥0.42 in 3Q 2021). Revenue: CN¥33.2b (down 71% from 3Q 2021). Net income: CN¥570.3m (down 94% from 3Q 2021). Profit margin: 1.7% (down from 8.0% in 3Q 2021). Revenue is forecast to grow 9.5% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Basic Materials industry in China. Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings.Price Target Changed • Oct 22Price target decreased to CN¥13.73Down from CN¥15.06, the current price target is an average from 4 analysts. New target price is 60% above last closing price of CN¥8.59. Stock is down 40% over the past year. The company is forecast to post earnings per share of CN¥1.29 for next year compared to CN¥1.57 last year.Major Estimate Revision • Aug 29Consensus EPS estimates fall by 13%The consensus outlook for earnings per share (EPS) in 2022 has deteriorated. 2022 revenue forecast decreased from CN¥169.6b to CN¥164.6b. EPS estimate also fell from CN¥1.49 per share to CN¥1.30 per share. Net income forecast to grow 29% next year vs 30% growth forecast for Basic Materials industry in China. Consensus price target broadly unchanged at CN¥14.92. Share price fell 10% to CN¥9.73 over the past week.Reported Earnings • Aug 24Second quarter 2022 earnings released: EPS: CN¥0.28 (vs CN¥0.63 in 2Q 2021)Second quarter 2022 results: EPS: CN¥0.28. Revenue: CN¥37.2b (up CN¥34.1b from 2Q 2021). Net income: CN¥2.46b (up 271% from 2Q 2021). Profit margin: 6.6% (down from 21% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is expected to shrink by 14% compared to a 16% growth forecast for the Basic Materials industry in China.Board Change • Jul 01Less than half of directors are independentThere are 9 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 9 new directors. 1 experienced director. No highly experienced directors. 3 independent directors (5 non-independent directors). Independent Director Lei Zhan is the most experienced director on the board, commencing their role in 2018. Independent Director Xiangzhong Kong was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors.お知らせ • Jun 01Xinjiangtianshan Cement Co.,Ltd Announces Final Cash Dividend on A Shares for 2021, Payable on 08 June 2022Xinjiangtianshan Cement Co.,Ltd announced final cash dividend of CNY 3.30000000 per 10 shares on A shares for 2021. Record date is 07 June 2022, Ex-date is 08 June 2022 and Payment date is 08 June 2022.Reported Earnings • Apr 27First quarter 2022 earnings: EPS and revenues miss analyst expectationsFirst quarter 2022 results: EPS: CN¥0.12 (down from CN¥0.17 in 1Q 2021). Revenue: CN¥28.3b (down 1.8% from 1Q 2021). Net income: CN¥1.02b (down 23% from 1Q 2021). Profit margin: 3.6% (down from 4.6% in 1Q 2021). Revenue missed analyst estimates by 1.3%. Earnings per share (EPS) also missed analyst estimates by 1.6%. Over the next year, revenue is forecast to grow 2.5%, compared to a 18% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has increased by 1% per year whereas the company’s share price has increased by 4% per year.お知らせ • Apr 19Xinjiang Tianshan Cement Co., Ltd. Approves Cash Dividend for 2021Xinjiang Tianshan Cement Co., Ltd. Approved cash dividend/10 shares (tax included) of CNY 3.30000000 for 2021 at the AGM held on April 15, 2022.Major Estimate Revision • Mar 28Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 revenue forecast increased from CN¥11.0b to CN¥174.9b. EPS estimate fell from CN¥1.91 to CN¥1.79. Net income forecast to grow 14% next year vs 28% growth forecast for Basic Materials industry in China. Consensus price target down from CN¥21.60 to CN¥16.18. Share price fell 6.1% to CN¥12.83 over the past week.Price Target Changed • Mar 22Price target decreased to CN¥16.40Down from CN¥22.50, the current price target is an average from 2 analysts. New target price is 24% above last closing price of CN¥13.26. Stock is down 21% over the past year. The company is forecast to post earnings per share of CN¥1.59 for next year compared to CN¥1.45 last year.Reported Earnings • Oct 31Third quarter 2021 earnings released: EPS CN¥0.42 (vs CN¥0.45 in 3Q 2020)The company reported a solid third quarter result with improved earnings and revenues, although profit margins were weaker. Third quarter 2021 results: Revenue: CN¥114.3b (up CN¥111.8b from 3Q 2020). Net income: CN¥9.13b (up CN¥8.67b from 3Q 2020). Profit margin: 8.0% (down from 19% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has increased by 22% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • Sep 29Investor sentiment deteriorated over the past weekAfter last week's 19% share price decline to CN¥13.84, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 8x in the Basic Materials industry in China. Total returns to shareholders of 94% over the past three years.Valuation Update With 7 Day Price Move • Sep 06Investor sentiment improved over the past weekAfter last week's 18% share price gain to CN¥16.77, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 8x in the Basic Materials industry in China. Total returns to shareholders of 135% over the past three years.Reported Earnings • Aug 22Second quarter 2021 earnings released: EPS CN¥0.63 (vs CN¥0.67 in 2Q 2020)The company reported a soft second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2021 results: Revenue: CN¥3.13b (up 2.2% from 2Q 2020). Net income: CN¥663.1m (down 6.1% from 2Q 2020). Profit margin: 21% (down from 23% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 19% per year whereas the company’s share price has increased by 22% per year.Valuation Update With 7 Day Price Move • Aug 20Investor sentiment improved over the past weekAfter last week's 18% share price gain to CN¥16.04, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 7x in the Basic Materials industry in China. Total returns to shareholders of 100% over the past three years.Board Change • Jul 31High number of new directorsIndependent Director Xiangzhong Kong was the last director to join the board, commencing their role in 2021.お知らせ • May 21Xinjiang Tianshan Cement Co., Ltd. Implements A Shares Final Cash Distribution for 2020, Payable on 26 May 2021Xinjiang Tianshan Cement Co., Ltd. implemented A shares final cash distribution of CNY 4.80000000 per 10 shares for 2020. Record date: 27 May 2021. Ex-date: 26 May 2021. Payment date: 26 May 2021.Reported Earnings • Apr 16First quarter 2021 earnings released: EPS CN¥0.084 (vs CN¥0.028 loss in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: CN¥999.3m (up 87% from 1Q 2020). Net income: CN¥87.5m (up CN¥117.4m from 1Q 2020). Profit margin: 8.8% (up from net loss in 1Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth.Reported Earnings • Mar 12Full year 2020 earnings released: EPS CN¥1.45 (vs CN¥1.56 in FY 2019)The company reported a poor full year result with weaker earnings and revenues, although profit margins were flat. Full year 2020 results: Revenue: CN¥8.69b (down 10% from FY 2019). Net income: CN¥1.52b (down 7.3% from FY 2019). Profit margin: 17% (in line with FY 2019). Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth.Analyst Estimate Surprise Post Earnings • Mar 12Revenue and earnings miss expectationsRevenue missed analyst estimates by 22%. Earnings per share (EPS) also missed analyst estimates by 28%. Over the next year, revenue is forecast to grow 40%, compared to a 22% growth forecast for the Basic Materials industry in China.Valuation Update With 7 Day Price Move • Mar 10Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to CN¥15.05, the stock is trading at a trailing P/E ratio of 9.9x, down from the previous P/E ratio of 11.8x. This compares to an average P/E of 15x in the Basic Materials industry in China. Total returns to shareholders over the past three years are 39%.Is New 90 Day High Low • Mar 03New 90-day high: CN¥18.01The company is up 12% from its price of CN¥16.04 on 03 December 2020. The Chinese market is up 2.0% over the last 90 days, indicating the company outperformed over that time. However, its price trend is similar to the Basic Materials industry, which is also up 12% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥44.45 per share.Valuation Update With 7 Day Price Move • Feb 22Investor sentiment improved over the past weekAfter last week's 15% share price gain to CN¥16.16, the stock is trading at a trailing P/E ratio of 10.6x, up from the previous P/E ratio of 9.2x. This compares to an average P/E of 15x in the Basic Materials industry in China. Total returns to shareholders over the past three years are 61%.Is New 90 Day High Low • Feb 02New 90-day low: CN¥14.48The company is down 7.0% from its price of CN¥15.56 on 04 November 2020. The Chinese market is up 6.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Basic Materials industry, which is up 8.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥44.74 per share.お知らせ • Jan 22Xinjiang Tianshan Cement Co., Ltd. to Report Fiscal Year 2020 Results on Mar 12, 2021Xinjiang Tianshan Cement Co., Ltd. announced that they will report fiscal year 2020 results on Mar 12, 2021Is New 90 Day High Low • Dec 28New 90-day low: CN¥14.61The company is down 17% from its price of CN¥17.67 on 29 September 2020. The Chinese market is up 6.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Basic Materials industry, which is down 2.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥44.76 per share.Valuation Update With 7 Day Price Move • Nov 17Market bids up stock over the past weekAfter last week's 22% share price gain to CN¥18.68, the stock is trading at a trailing P/E ratio of 12.3x, up from the previous P/E ratio of 10.1x. This compares to an average P/E of 16x in the Basic Materials industry in China. Total returns to shareholders over the past three years are 100%.Is New 90 Day High Low • Oct 30New 90-day low: CN¥14.85The company is down 18% from its price of CN¥18.02 on 24 July 2020. The Chinese market is down 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Basic Materials industry, which is down 9.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥36.83 per share.Reported Earnings • Oct 28Third quarter earnings releasedOver the last 12 months the company has reported total profits of CN¥1.60b, down 3.5% from the prior year. Total revenue was CN¥8.56b over the last 12 months, down 10% from the prior year.お知らせ • Oct 20Xinjiang Tianshan Cement Co., Ltd. to Report Q3, 2020 Results on Oct 28, 2020Xinjiang Tianshan Cement Co., Ltd. announced that they will report Q3, 2020 results on Oct 28, 2020Is New 90 Day High Low • Oct 14New 90-day low: CN¥17.18The company is down 2.0% from its price of CN¥17.53 on 16 July 2020. The Chinese market is flat over the last 90 days, indicating the company underperformed over that time. It also underperformed the Basic Materials 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¥69.29 per share.お知らせ • Aug 11Xinjiang Tianshan Cement Co., Ltd. announced a financing transactionXinjiang Tianshan Cement Co., Ltd. (SZSE:000877) announced a private placement of not more than 314,616,887 shares, to not more than 35 investors, the shares will be priced at not less than 80% of the average price in the 20 trading days before the pricing reference date on August 7, 2020. The shares to be issued will have a hold period of 6 months from the closing. The transaction has been approved by the board of directors of the parent of the company. The transaction has also been approved by the board of directors of the company in its 26th meeting of it’s 7th directorate and the 13th meeting of it's 7th supervisory board. The transaction is still subject to state administration for market regulation’s review on business concentration anti-monopoly, state-owned assets supervision and administration department’s filing of the target assetes’ assessment reports, China National Building Material Co., Ltd.’s internal decision-making authority’s approval, second approval of the company’s directorate after the target assets’ audit and assessment work are completed, state-owned assets supervision and administration department’s approval of the official transaction, company’s shareholders’ approval of the official transaction, China Securities Regulatory Commission approval of the official transaction, other necessary approvals.お知らせ • Aug 08Xinjiang Tianshan Cement Co., Ltd. (SZSE:000877) signed Indicative Agreements to acquire stakes in South West Cement Company Limited and South Cement Company Limited.Xinjiang Tianshan Cement Co., Ltd. (SZSE:000877) signed Indicative Agreements to acquire stakes in South West Cement Company Limited and South Cement Company Limited on August 7, 2020. Under the terms, Xinjiang Tianshan will acquire 15.1% stake and 15.9% stake in South Cement and Southwest Cement respectively from independent sellers. The consideration will be paid by issuance of new shares of Xinjiang Tianshan. In related transactions, Xinjiang Tianshan will acquire stake in different companies from its parent China National Building Material Company Limited (SEHK : 3323) as a part of asset restructuring in the group. The indicative agreement will take effect upon fulfillment of various conditions applicable for the proposed restructuring.お知らせ • Jul 24Xinjiang Tianshan Cement Co., Ltd. to Report First Half, 2020 Results on Aug 20, 2020Xinjiang Tianshan Cement Co., Ltd. announced that they will report first half, 2020 results on Aug 20, 2020業績と収益の成長予測SZSE:000877 - 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12/31/202874,1811,179N/A14,014112/31/202772,568448N/A14,598112/31/202672,80374N/A12,53613/31/202671,884-7,2906,75811,094N/A12/31/202574,496-7,2917,02212,264N/A9/30/202580,4831,8476,63713,955N/A6/30/202583,2911,7724,92012,896N/A3/31/202585,612-2903,74011,700N/A12/31/202487,025-7173,34412,479N/A9/30/202488,472-1,833-1,1289,233N/A6/30/202493,650-1,590-4289,867N/A3/31/2024101,3601,2734,26714,110N/A12/31/2023107,3801,9656,37816,951N/A9/30/2023114,3315285,82816,899N/A6/30/2023120,5581,1926,29918,529N/A3/31/2023126,6932,2862,26618,349N/A1/1/2023132,5814,542-27215,252N/A9/30/2022150,2036,7272,71322,346N/A6/30/2022159,6809,7134,89224,121N/A3/31/2022169,53212,2387,94927,469N/A1/1/2022170,03012,5488,39728,425N/A9/30/2021167,95013,46512,36930,949N/A6/30/2021234,36718,63822,35147,239N/A3/31/2021190,37914,35318,96838,637N/A12/31/2020162,14912,98823,34939,145N/A9/30/2020115,1139,86314,54324,140N/A6/30/20209,3291,6422,8083,000N/A3/31/20209,2801,4422,3122,484N/A12/31/20199,6881,636N/A2,676N/A9/30/20199,5401,657N/A2,696N/A6/30/20198,9171,604N/A2,302N/A3/31/20198,1271,422N/A1,831N/A12/31/20187,9321,241N/A1,720N/A9/30/20187,676717N/A1,906N/A6/30/20187,454547N/A1,397N/A3/31/20187,243382N/A1,172N/A12/31/20177,080265N/A1,167N/A9/30/20176,342409N/A654N/A6/30/20175,605229N/A688N/A3/31/20175,188157N/A542N/A12/31/20165,001100N/A579N/A9/30/20164,793-197N/A436N/A6/30/20164,931-375N/A401N/A3/31/20164,962-481N/A353N/A12/31/20155,047-525N/A237N/A9/30/20155,385-378N/A327N/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: 000877は今後 3 年間で収益性が向上すると予測されており、これは 貯蓄率 ( 2.4% ) よりも高い成長率であると考えられます。収益対市場: 000877今後 3 年間で収益性が向上すると予想されており、これは市場平均を上回る成長と考えられます。高成長収益: 000877今後 3 年以内に収益を上げることが予想されます。収益対市場: 000877の収益 ( 1% ) CN市場 ( 16.8% ) よりも低い成長が予測されています。高い収益成長: 000877の収益 ( 1% ) 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: 000877の 自己資本利益率 は、3年後には低くなると予測されています ( 0.7 %)。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2026/07/11 12:10終値2026/07/10 00:00収益2026/03/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレークこのレポートを生成するために使用した分析モデルの詳細は、当社の Github ページ でご覧いただけます。また、レポートの使い方に関する ガイド や YouTube の チュートリアル もご用意しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Tianshan Material Co., Ltd. 1 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。7 アナリスト機関Mingxin SunCitic Securities Co., Ltd.Haowu ChenEverbright Securities Co. Ltd.Yanhe FangHuatai Research4 その他のアナリストを表示
Price Target Changed • Apr 07Price target decreased by 31% to CN¥5.41Down from CN¥7.83, the current price target is provided by 1 analyst. New target price is 11% above last closing price of CN¥4.87. Stock is down 11% over the past year. The company is forecast to post earnings per share of CN¥0.01 next year compared to a net loss per share of CN¥1.03 last year.
Major Estimate Revision • Oct 30Consensus EPS estimates fall by 57%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from CN¥81.5b to CN¥76.5b. EPS estimate also fell from CN¥0.255 per share to CN¥0.11 per share. Net income forecast to shrink 2.8% next year vs 19% growth forecast for Basic Materials industry in China . Consensus price target down from CN¥7.83 to CN¥7.52. Share price fell 4.9% to CN¥5.96 over the past week.
Price Target Changed • Apr 16Price target increased by 11% to CN¥7.88Up from CN¥7.07, the current price target is an average from 2 analysts. New target price is 41% above last closing price of CN¥5.57. Stock is down 18% over the past year. The company is forecast to post earnings per share of CN¥0.32 next year compared to a net loss per share of CN¥0.075 last year.
Price Target Changed • Dec 19Price target increased by 22% to CN¥7.07Up from CN¥5.82, the current price target is an average from 3 analysts. New target price is 14% above last closing price of CN¥6.22. Stock is down 6.2% over the past year. The company is forecast to post earnings per share of CN¥0.11 for next year compared to CN¥0.23 last year.
Price Target Changed • Aug 29Price target decreased by 9.0% to CN¥6.29Down from CN¥6.92, the current price target is an average from 4 analysts. New target price is 36% above last closing price of CN¥4.61. Stock is down 40% over the past year. The company is forecast to post earnings per share of CN¥0.06 for next year compared to CN¥0.23 last year.
Price Target Changed • Apr 02Price target decreased by 10% to CN¥7.04Down from CN¥7.83, the current price target is an average from 3 analysts. New target price is approximately in line with last closing price of CN¥6.97. Stock is down 22% over the past year. The company is forecast to post earnings per share of CN¥0.18 for next year compared to CN¥0.23 last year.
お知らせ • Jun 30Tianshan Material Co., Ltd. to Report First Half, 2026 Results on Aug 26, 2026Tianshan Material Co., Ltd. announced that they will report first half, 2026 results on Aug 26, 2026
Price Target Changed • Apr 07Price target decreased by 31% to CN¥5.41Down from CN¥7.83, the current price target is provided by 1 analyst. New target price is 11% above last closing price of CN¥4.87. Stock is down 11% over the past year. The company is forecast to post earnings per share of CN¥0.01 next year compared to a net loss per share of CN¥1.03 last year.
お知らせ • Mar 31Tianshan Material Co., Ltd. to Report Q1, 2026 Results on Apr 28, 2026Tianshan Material Co., Ltd. announced that they will report Q1, 2026 results on Apr 28, 2026
Reported Earnings • Mar 31Full year 2025 earnings released: CN¥1.03 loss per share (vs CN¥0.075 loss in FY 2024)Full year 2025 results: CN¥1.03 loss per share (further deteriorated from CN¥0.075 loss in FY 2024). Revenue: CN¥74.5b (down 14% from FY 2024). Net loss: CN¥7.29b (loss widened CN¥6.69b from FY 2024). Revenue is forecast to grow 2.3% p.a. on average during the next 2 years, compared to a 6.0% growth forecast for the Basic Materials industry in China. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 66 percentage points per year, which is a significant difference in performance.
お知らせ • Mar 31Tianshan Material Co., Ltd., Annual General Meeting, Apr 23, 2026Tianshan Material Co., Ltd., Annual General Meeting, Apr 23, 2026, at 14:30 China Standard Time. Location: No. 70, Shiboguan Road, Pudong New Area, Shanghai China
お知らせ • Dec 31Tianshan Material Co., Ltd. to Report Fiscal Year 2025 Results on Mar 26, 2026Tianshan Material Co., Ltd. announced that they will report fiscal year 2025 results on Mar 26, 2026
Major Estimate Revision • Oct 30Consensus EPS estimates fall by 57%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from CN¥81.5b to CN¥76.5b. EPS estimate also fell from CN¥0.255 per share to CN¥0.11 per share. Net income forecast to shrink 2.8% next year vs 19% growth forecast for Basic Materials industry in China . Consensus price target down from CN¥7.83 to CN¥7.52. Share price fell 4.9% to CN¥5.96 over the past week.
New Risk • Oct 10New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Chinese stocks, typically moving 9.1% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.5x net interest cover). Share price has been highly volatile over the past 3 months (9.1% average weekly change). Minor Risk Large one-off items impacting financial results.
お知らせ • Sep 30Tianshan Material Co., Ltd. to Report Q3, 2025 Results on Oct 24, 2025Tianshan Material Co., Ltd. announced that they will report Q3, 2025 results on Oct 24, 2025
Valuation Update With 7 Day Price Move • Aug 25Investor sentiment improves as stock rises 26%After last week's 26% share price gain to CN¥7.24, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 18x in the Basic Materials industry in China. Total loss to shareholders of 22% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥3.46 per share.
New Risk • Aug 22New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 7.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.5x net interest cover). Minor Risks Share price has been volatile over the past 3 months (7.0% average weekly change). Large one-off items impacting financial results.
お知らせ • Jul 02Tianshan Material Co., Ltd. to Report First Half, 2025 Results on Aug 19, 2025Tianshan Material Co., Ltd. announced that they will report first half, 2025 results on Aug 19, 2025
Reported Earnings • Apr 27First quarter 2025 earnings released: CN¥0.21 loss per share (vs CN¥0.22 loss in 1Q 2024)First quarter 2025 results: CN¥0.21 loss per share (improved from CN¥0.22 loss in 1Q 2024). Revenue: CN¥14.9b (down 8.6% from 1Q 2024). Net loss: CN¥1.49b (loss narrowed 22% from 1Q 2024). Revenue is forecast to stay flat during the next 3 years compared to a 5.9% growth forecast for the Basic Materials industry in China. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 82 percentage points per year, which is a significant difference in performance.
Price Target Changed • Apr 16Price target increased by 11% to CN¥7.88Up from CN¥7.07, the current price target is an average from 2 analysts. New target price is 41% above last closing price of CN¥5.57. Stock is down 18% over the past year. The company is forecast to post earnings per share of CN¥0.32 next year compared to a net loss per share of CN¥0.075 last year.
お知らせ • Mar 31Tianshan Material Co., Ltd. to Report Q1, 2025 Results on Apr 24, 2025Tianshan Material Co., Ltd. announced that they will report Q1, 2025 results on Apr 24, 2025
Reported Earnings • Mar 27Full year 2024 earnings: EPS and revenues miss analyst expectationsFull year 2024 results: CN¥0.075 loss per share (down from CN¥0.23 profit in FY 2023). Revenue: CN¥87.0b (down 19% from FY 2023). Net loss: CN¥598.4m (down 131% from profit in FY 2023). Revenue missed analyst estimates by 3.4%. Earnings per share (EPS) were also behind analyst expectations. Revenue is forecast to grow 3.1% p.a. on average during the next 2 years, compared to a 7.5% growth forecast for the Basic Materials industry in China. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 79 percentage points per year, which is a significant difference in performance.
お知らせ • Mar 27Tianshan Material Co., Ltd., Annual General Meeting, Apr 18, 2025Tianshan Material Co., Ltd., Annual General Meeting, Apr 18, 2025, at 14:30 China Standard Time. Location: No. 70, World Expo Museum Road, Pudong New Area, Shanghai China
Board Change • Feb 14High number of new and inexperienced directorsThere are 8 new directors who have joined the board in the last 3 years. The company's board is composed of: 8 new directors. 4 experienced directors. No highly experienced directors. President & Non-Independent Director Xinjun Zhao is the most experienced director on the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.
お知らせ • Feb 13Tianshan Material Co., Ltd. Approves Management AppointmentsTianshan Material Co., Ltd. at its Extraordinary General Meeting of 2025 held on 11 February 2025, approved election of Zhao Xinjun, Yu Yuehua, Fan Liting, Zhang Jiwu and Shen Jun as non-independent directors; election of Kong Weiping and Li Chen as independent director and election of Zhuang Qinxia, Du Guangyuan and Shang Deying as supervisors.
分析記事 • Feb 10Tianshan Material (SZSE:000877) Seems To Be Using A Lot Of DebtLegendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
分析記事 • Jan 06Why Investors Shouldn't Be Surprised By Tianshan Material Co., Ltd.'s (SZSE:000877) Low P/SWith a price-to-sales (or "P/S") ratio of 0.4x Tianshan Material Co., Ltd. ( SZSE:000877 ) may be sending bullish...
お知らせ • Dec 31Tianshan Material Co., Ltd. to Report Fiscal Year 2024 Results on Mar 27, 2025Tianshan Material Co., Ltd. announced that they will report fiscal year 2024 results on Mar 27, 2025
Price Target Changed • Dec 19Price target increased by 22% to CN¥7.07Up from CN¥5.82, the current price target is an average from 3 analysts. New target price is 14% above last closing price of CN¥6.22. Stock is down 6.2% over the past year. The company is forecast to post earnings per share of CN¥0.11 for next year compared to CN¥0.23 last year.
Reported Earnings • Oct 26Third quarter 2024 earnings released: CN¥0.044 loss per share (vs CN¥0.011 loss in 3Q 2023)Third quarter 2024 results: CN¥0.044 loss per share (further deteriorated from CN¥0.011 loss in 3Q 2023). Revenue: CN¥21.8b (down 19% from 3Q 2023). Net loss: CN¥334.2m (loss widened 268% from 3Q 2023). Revenue is forecast to grow 4.6% p.a. on average during the next 3 years, compared to a 7.6% growth forecast for the Basic Materials industry in China. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 78 percentage points per year, which is a significant difference in performance.
分析記事 • Oct 01Tianshan Material Co., Ltd.'s (SZSE:000877) Business And Shares Still Trailing The IndustryWhen you see that almost half of the companies in the Basic Materials industry in China have price-to-sales ratios (or...
お知らせ • Sep 30Tianshan Material Co., Ltd. to Report Q3, 2024 Results on Oct 26, 2024Tianshan Material Co., Ltd. announced that they will report Q3, 2024 results on Oct 26, 2024
Price Target Changed • Aug 29Price target decreased by 9.0% to CN¥6.29Down from CN¥6.92, the current price target is an average from 4 analysts. New target price is 36% above last closing price of CN¥4.61. Stock is down 40% over the past year. The company is forecast to post earnings per share of CN¥0.06 for next year compared to CN¥0.23 last year.
Reported Earnings • Aug 27Second quarter 2024 earnings released: CN¥0.17 loss per share (vs CN¥0.16 profit in 2Q 2023)Second quarter 2024 results: CN¥0.17 loss per share (down from CN¥0.16 profit in 2Q 2023). Revenue: CN¥23.3b (down 25% from 2Q 2023). Net loss: CN¥1.49b (down 209% from profit in 2Q 2023). Revenue is forecast to grow 4.0% p.a. on average during the next 3 years, compared to a 8.3% growth forecast for the Basic Materials industry in China. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 58 percentage points per year, which is a significant difference in performance.
分析記事 • Jul 27Tianshan Material (SZSE:000877) Use Of Debt Could Be Considered RiskyLegendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
お知らせ • Jun 29Tianshan Material Co., Ltd. to Report First Half, 2024 Results on Aug 29, 2024Tianshan Material Co., Ltd. announced that they will report first half, 2024 results on Aug 29, 2024
分析記事 • Jun 21Tianshan Material Co., Ltd. (SZSE:000877) Shares Could Be 41% Below Their Intrinsic Value EstimateKey Insights Using the 2 Stage Free Cash Flow to Equity, Tianshan Material fair value estimate is CN¥8.59 Tianshan...
分析記事 • May 24Tianshan Material (SZSE:000877) Is Reducing Its Dividend To CN¥0.114Tianshan Material Co., Ltd. ( SZSE:000877 ) is reducing its dividend from last year's comparable payment to CN¥0.114 on...
Declared Dividend • May 24Dividend reduced to CN¥0.11Dividend of CN¥0.11 is 58% lower than last year. Ex-date: 29th May 2024 Payment date: 29th May 2024 Dividend yield will be 1.8%, which is lower than the industry average of 3.0%. Sustainability & Growth Dividend is covered by both earnings (78% earnings payout ratio) and cash flows (23% cash payout ratio). The dividend has increased by an average of 1.3% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 100% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
分析記事 • May 06Earnings Troubles May Signal Larger Issues for Tianshan Material (SZSE:000877) ShareholdersInvestors were disappointed by Tianshan Material Co., Ltd.'s ( SZSE:000877 ) latest earnings release. We did some...
Reported Earnings • Apr 30First quarter 2024 earnings released: CN¥0.22 loss per share (vs CN¥0.14 loss in 1Q 2023)First quarter 2024 results: CN¥0.22 loss per share (further deteriorated from CN¥0.14 loss in 1Q 2023). Revenue: CN¥16.4b (down 27% from 1Q 2023). Net loss: CN¥1.92b (loss widened 56% from 1Q 2023). Revenue is forecast to grow 6.3% p.a. on average during the next 3 years, compared to a 8.7% growth forecast for the Basic Materials industry in China. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 50 percentage points per year, which is a significant difference in performance.
Buy Or Sell Opportunity • Apr 30Now 25% undervalued after recent price dropOver the last 90 days, the stock has fallen 2.7% to CN¥6.44. The fair value is estimated to be CN¥8.59, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 24% over the last 3 years. Earnings per share has declined by 74%. Revenue is forecast to grow by 16% in 2 years. Earnings are forecast to grow by 171% in the next 2 years.
Price Target Changed • Apr 02Price target decreased by 10% to CN¥7.04Down from CN¥7.83, the current price target is an average from 3 analysts. New target price is approximately in line with last closing price of CN¥6.97. Stock is down 22% over the past year. The company is forecast to post earnings per share of CN¥0.18 for next year compared to CN¥0.23 last year.
お知らせ • Mar 30Xinjiangtianshan Cement Co.,Ltd to Report Q1, 2024 Results on Apr 30, 2024Xinjiangtianshan Cement Co.,Ltd announced that they will report Q1, 2024 results on Apr 30, 2024
分析記事 • Mar 29Earnings Report: Xinjiangtianshan Cement Co.,Ltd Missed Revenue Estimates By 11%It's shaping up to be a tough period for Xinjiangtianshan Cement Co.,Ltd ( SZSE:000877 ), which a week ago released...
お知らせ • Mar 27Xinjiangtianshan Cement Co.,Ltd, Annual General Meeting, Apr 18, 2024Xinjiangtianshan Cement Co.,Ltd, Annual General Meeting, Apr 18, 2024, at 14:30 China Standard Time. Location: No. 70, World Expo Museum Road, Pudong New Area, Shanghai China
Reported Earnings • Mar 27Full year 2023 earnings: EPS and revenues miss analyst expectationsFull year 2023 results: EPS: CN¥0.23 (down from CN¥0.53 in FY 2022). Revenue: CN¥107.4b (down 19% from FY 2022). Net income: CN¥1.97b (down 57% from FY 2022). Profit margin: 1.8% (down from 3.4% in FY 2022). Revenue missed analyst estimates by 11%. Earnings per share (EPS) also missed analyst estimates by 3.9%. Revenue is forecast to grow 9.9% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Basic Materials industry in China. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 41 percentage points per year, which is a significant difference in performance.
Buy Or Sell Opportunity • Mar 26Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 5.8% to CN¥6.98. The fair value is estimated to be CN¥5.80, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 12% over the last 3 years. Earnings per share has declined by 55%. For the next 3 years, revenue is forecast to grow by 6.2% per annum. Earnings are also forecast to grow by 46% per annum over the same time period.
分析記事 • Feb 29Estimating The Fair Value Of Xinjiangtianshan Cement Co.,Ltd (SZSE:000877)Key Insights Using the 2 Stage Free Cash Flow to Equity, Xinjiangtianshan CementLtd fair value estimate is CN¥5.80...
Buy Or Sell Opportunity • Feb 05Now 21% overvaluedOver the last 90 days, the stock has fallen 6.4% to CN¥6.77. The fair value is estimated to be CN¥5.58, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 12% over the last 3 years. Earnings per share has declined by 55%. For the next 3 years, revenue is forecast to grow by 6.2% per annum. Earnings are also forecast to grow by 34% per annum over the same time period.
お知らせ • Jan 27Xinjiang Tianshan Cement Co., Ltd. Provides Earnings Guidance for the Year Ended December 31, 2023Xinjiang Tianshan Cement Co. Ltd. provided earnings guidance for the year ended December 31, 2023. For the period, the company expects net profit attributable to shareholders of the company of RMB 1,600.00 million to RMB 2,080.00 million, decrease as compared with the same period of last year: 64.78% to 54.21%. Net profit after deducting non-recurring gains or losses of RMB 500.00 million to RMB 1,000.00 million, decrease as compared with the same period of last year: 81.51% to 63.03%. Basic earnings per share of RMB 0.1847 to RMB 0.2401.
お知らせ • Dec 30Xinjiangtianshan Cement Co.,Ltd to Report Fiscal Year 2023 Results on Mar 27, 2024Xinjiangtianshan Cement Co.,Ltd announced that they will report fiscal year 2023 results on Mar 27, 2024
お知らせ • Oct 29Xinjiangtianshan Cement Co.,Ltd Announces Board ChangesXinjiangtianshan Cement Co.,Ltd announced the election of non-independent directors as follows:-Wang Bing and Yin Zhisong at its Extraordinary General Meeting held on 25 Oct. 2023.
Reported Earnings • Oct 26Third quarter 2023 earnings released: CN¥0.011 loss per share (vs CN¥0.067 profit in 3Q 2022)Third quarter 2023 results: CN¥0.011 loss per share (down from CN¥0.067 profit in 3Q 2022). Revenue: CN¥26.9b (down 19% from 3Q 2022). Net loss: CN¥90.9m (down 116% from profit in 3Q 2022). Revenue is forecast to grow 5.3% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Basic Materials industry in China. Over the last 3 years on average, earnings per share has fallen by 55% per year but the company’s share price has only fallen by 23% per year, which means it has not declined as severely as earnings.
お知らせ • Sep 30Xinjiangtianshan Cement Co.,Ltd to Report Q3, 2023 Results on Oct 26, 2023Xinjiangtianshan Cement Co.,Ltd announced that they will report Q3, 2023 results on Oct 26, 2023
Major Estimate Revision • Aug 30Consensus EPS estimates fall by 21%The consensus outlook for earnings per share (EPS) in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from CN¥137.3b to CN¥129.3b. EPS estimate also fell from CN¥1.02 per share to CN¥0.80 per share. Net income forecast to grow 696% next year vs 77% growth forecast for Basic Materials industry in China. Consensus price target down from CN¥9.48 to CN¥8.47. Share price fell 3.9% to CN¥7.82 over the past week.
Price Target Changed • Aug 29Price target decreased by 11% to CN¥8.47Down from CN¥9.48, the current price target is an average from 4 analysts. New target price is 5.7% above last closing price of CN¥8.01. Stock is down 18% over the past year. The company is forecast to post earnings per share of CN¥0.80 for next year compared to CN¥0.53 last year.
Reported Earnings • Aug 24Second quarter 2023 earnings released: EPS: CN¥0.16 (vs CN¥0.28 in 2Q 2022)Second quarter 2023 results: EPS: CN¥0.16 (down from CN¥0.28 in 2Q 2022). Revenue: CN¥31.1b (down 17% from 2Q 2022). Net income: CN¥1.37b (down 44% from 2Q 2022). Profit margin: 4.4% (down from 6.6% in 2Q 2022). Revenue is forecast to grow 7.5% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Basic Materials 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 28% per year, which means it has not declined as severely as earnings.
お知らせ • Jul 13Xinjiang Tianshan Cement Co., Ltd. Provides Earnings Guidance for the Period from 1 January 2023 to 30 June 2023Xinjiang Tianshan Cement Co. Ltd. provides earnings guidance for the period from 1 January 2023 to 30 June 2023. Net profit attributable to shareholders of Tianshan Cement of RMB 100.00 million to RMB 150.00 million. Basic earnings per share RMB 0.0115 to RMB 0.0173.
お知らせ • May 27Xinjiangtianshan Cement Co.,Ltd Announces Final Dividend on share A for 2022, Payable on June 2, 2023Xinjiangtianshan Cement Co.,Ltd announced final Cash dividend/10 shares (tax included): CNY 2.70000000 on share A for 2022. Record date: 01 June 2023, Ex-date: 02 June 2023, Payment date: 02 June 2023.
Major Estimate Revision • Mar 28Consensus revenue estimates fall by 13%The consensus outlook for revenues in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from CN¥159.6b to CN¥138.3b. EPS estimate fell from CN¥1.26 to CN¥0.86 per share. Net income forecast to grow 65% next year vs 53% growth forecast for Basic Materials industry in China. Consensus price target down from CN¥11.43 to CN¥10.26. Share price fell 5.4% to CN¥8.91 over the past week.
Price Target Changed • Mar 24Price target decreased by 15% to CN¥9.76Down from CN¥11.43, the current price target is an average from 3 analysts. New target price is 5.7% above last closing price of CN¥9.23. Stock is down 28% over the past year. The company is forecast to post earnings per share of CN¥1.12 for next year compared to CN¥0.53 last year.
Reported Earnings • Mar 22Full year 2022 earnings: EPS and revenues miss analyst expectationsFull year 2022 results: EPS: CN¥0.53 (down from CN¥1.57 in FY 2021). Revenue: CN¥132.6b (down 22% from FY 2021). Net income: CN¥4.54b (down 64% from FY 2021). Profit margin: 3.4% (down from 7.4% in FY 2021). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 16%. Earnings per share (EPS) also missed analyst estimates by 41%. Revenue is forecast to grow 9.1% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Basic Materials industry in China. Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings.
お知らせ • Nov 17Xinjiangtianshan Cement Co.,Ltd Approves Liu Yan as Non-Independent DirectorsXinjiangtianshan Cement Co.,Ltd at its 5th Extraordinary General Meeting of 2022 on 15 November 2022, approved Liu Yan as non-independent directors.
Price Target Changed • Nov 16Price target decreased to CN¥13.24Down from CN¥15.06, the current price target is an average from 3 analysts. New target price is 49% above last closing price of CN¥8.88. Stock is down 36% over the past year. The company is forecast to post earnings per share of CN¥1.11 for next year compared to CN¥1.57 last year.
Board Change • Nov 16Less than half of directors are independentThere are 9 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 9 new directors. 1 experienced director. No highly experienced directors. 3 independent directors (5 non-independent directors). Independent Director Lei Zhan is the most experienced director on the board, commencing their role in 2018. Independent Director Xiangzhong Kong was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors.
Reported Earnings • Oct 30Third quarter 2022 earnings released: EPS: CN¥0.067 (vs CN¥0.42 in 3Q 2021)Third quarter 2022 results: EPS: CN¥0.067 (down from CN¥0.42 in 3Q 2021). Revenue: CN¥33.2b (down 71% from 3Q 2021). Net income: CN¥570.3m (down 94% from 3Q 2021). Profit margin: 1.7% (down from 8.0% in 3Q 2021). Revenue is forecast to grow 9.5% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Basic Materials industry in China. Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings.
Price Target Changed • Oct 22Price target decreased to CN¥13.73Down from CN¥15.06, the current price target is an average from 4 analysts. New target price is 60% above last closing price of CN¥8.59. Stock is down 40% over the past year. The company is forecast to post earnings per share of CN¥1.29 for next year compared to CN¥1.57 last year.
Major Estimate Revision • Aug 29Consensus EPS estimates fall by 13%The consensus outlook for earnings per share (EPS) in 2022 has deteriorated. 2022 revenue forecast decreased from CN¥169.6b to CN¥164.6b. EPS estimate also fell from CN¥1.49 per share to CN¥1.30 per share. Net income forecast to grow 29% next year vs 30% growth forecast for Basic Materials industry in China. Consensus price target broadly unchanged at CN¥14.92. Share price fell 10% to CN¥9.73 over the past week.
Reported Earnings • Aug 24Second quarter 2022 earnings released: EPS: CN¥0.28 (vs CN¥0.63 in 2Q 2021)Second quarter 2022 results: EPS: CN¥0.28. Revenue: CN¥37.2b (up CN¥34.1b from 2Q 2021). Net income: CN¥2.46b (up 271% from 2Q 2021). Profit margin: 6.6% (down from 21% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is expected to shrink by 14% compared to a 16% growth forecast for the Basic Materials industry in China.
Board Change • Jul 01Less than half of directors are independentThere are 9 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 9 new directors. 1 experienced director. No highly experienced directors. 3 independent directors (5 non-independent directors). Independent Director Lei Zhan is the most experienced director on the board, commencing their role in 2018. Independent Director Xiangzhong Kong was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors.
お知らせ • Jun 01Xinjiangtianshan Cement Co.,Ltd Announces Final Cash Dividend on A Shares for 2021, Payable on 08 June 2022Xinjiangtianshan Cement Co.,Ltd announced final cash dividend of CNY 3.30000000 per 10 shares on A shares for 2021. Record date is 07 June 2022, Ex-date is 08 June 2022 and Payment date is 08 June 2022.
Reported Earnings • Apr 27First quarter 2022 earnings: EPS and revenues miss analyst expectationsFirst quarter 2022 results: EPS: CN¥0.12 (down from CN¥0.17 in 1Q 2021). Revenue: CN¥28.3b (down 1.8% from 1Q 2021). Net income: CN¥1.02b (down 23% from 1Q 2021). Profit margin: 3.6% (down from 4.6% in 1Q 2021). Revenue missed analyst estimates by 1.3%. Earnings per share (EPS) also missed analyst estimates by 1.6%. Over the next year, revenue is forecast to grow 2.5%, compared to a 18% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has increased by 1% per year whereas the company’s share price has increased by 4% per year.
お知らせ • Apr 19Xinjiang Tianshan Cement Co., Ltd. Approves Cash Dividend for 2021Xinjiang Tianshan Cement Co., Ltd. Approved cash dividend/10 shares (tax included) of CNY 3.30000000 for 2021 at the AGM held on April 15, 2022.
Major Estimate Revision • Mar 28Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 revenue forecast increased from CN¥11.0b to CN¥174.9b. EPS estimate fell from CN¥1.91 to CN¥1.79. Net income forecast to grow 14% next year vs 28% growth forecast for Basic Materials industry in China. Consensus price target down from CN¥21.60 to CN¥16.18. Share price fell 6.1% to CN¥12.83 over the past week.
Price Target Changed • Mar 22Price target decreased to CN¥16.40Down from CN¥22.50, the current price target is an average from 2 analysts. New target price is 24% above last closing price of CN¥13.26. Stock is down 21% over the past year. The company is forecast to post earnings per share of CN¥1.59 for next year compared to CN¥1.45 last year.
Reported Earnings • Oct 31Third quarter 2021 earnings released: EPS CN¥0.42 (vs CN¥0.45 in 3Q 2020)The company reported a solid third quarter result with improved earnings and revenues, although profit margins were weaker. Third quarter 2021 results: Revenue: CN¥114.3b (up CN¥111.8b from 3Q 2020). Net income: CN¥9.13b (up CN¥8.67b from 3Q 2020). Profit margin: 8.0% (down from 19% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has increased by 22% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • Sep 29Investor sentiment deteriorated over the past weekAfter last week's 19% share price decline to CN¥13.84, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 8x in the Basic Materials industry in China. Total returns to shareholders of 94% over the past three years.
Valuation Update With 7 Day Price Move • Sep 06Investor sentiment improved over the past weekAfter last week's 18% share price gain to CN¥16.77, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 8x in the Basic Materials industry in China. Total returns to shareholders of 135% over the past three years.
Reported Earnings • Aug 22Second quarter 2021 earnings released: EPS CN¥0.63 (vs CN¥0.67 in 2Q 2020)The company reported a soft second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2021 results: Revenue: CN¥3.13b (up 2.2% from 2Q 2020). Net income: CN¥663.1m (down 6.1% from 2Q 2020). Profit margin: 21% (down from 23% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 19% per year whereas the company’s share price has increased by 22% per year.
Valuation Update With 7 Day Price Move • Aug 20Investor sentiment improved over the past weekAfter last week's 18% share price gain to CN¥16.04, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 7x in the Basic Materials industry in China. Total returns to shareholders of 100% over the past three years.
Board Change • Jul 31High number of new directorsIndependent Director Xiangzhong Kong was the last director to join the board, commencing their role in 2021.
お知らせ • May 21Xinjiang Tianshan Cement Co., Ltd. Implements A Shares Final Cash Distribution for 2020, Payable on 26 May 2021Xinjiang Tianshan Cement Co., Ltd. implemented A shares final cash distribution of CNY 4.80000000 per 10 shares for 2020. Record date: 27 May 2021. Ex-date: 26 May 2021. Payment date: 26 May 2021.
Reported Earnings • Apr 16First quarter 2021 earnings released: EPS CN¥0.084 (vs CN¥0.028 loss in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: CN¥999.3m (up 87% from 1Q 2020). Net income: CN¥87.5m (up CN¥117.4m from 1Q 2020). Profit margin: 8.8% (up from net loss in 1Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Mar 12Full year 2020 earnings released: EPS CN¥1.45 (vs CN¥1.56 in FY 2019)The company reported a poor full year result with weaker earnings and revenues, although profit margins were flat. Full year 2020 results: Revenue: CN¥8.69b (down 10% from FY 2019). Net income: CN¥1.52b (down 7.3% from FY 2019). Profit margin: 17% (in line with FY 2019). Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth.
Analyst Estimate Surprise Post Earnings • Mar 12Revenue and earnings miss expectationsRevenue missed analyst estimates by 22%. Earnings per share (EPS) also missed analyst estimates by 28%. Over the next year, revenue is forecast to grow 40%, compared to a 22% growth forecast for the Basic Materials industry in China.
Valuation Update With 7 Day Price Move • Mar 10Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to CN¥15.05, the stock is trading at a trailing P/E ratio of 9.9x, down from the previous P/E ratio of 11.8x. This compares to an average P/E of 15x in the Basic Materials industry in China. Total returns to shareholders over the past three years are 39%.
Is New 90 Day High Low • Mar 03New 90-day high: CN¥18.01The company is up 12% from its price of CN¥16.04 on 03 December 2020. The Chinese market is up 2.0% over the last 90 days, indicating the company outperformed over that time. However, its price trend is similar to the Basic Materials industry, which is also up 12% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥44.45 per share.
Valuation Update With 7 Day Price Move • Feb 22Investor sentiment improved over the past weekAfter last week's 15% share price gain to CN¥16.16, the stock is trading at a trailing P/E ratio of 10.6x, up from the previous P/E ratio of 9.2x. This compares to an average P/E of 15x in the Basic Materials industry in China. Total returns to shareholders over the past three years are 61%.
Is New 90 Day High Low • Feb 02New 90-day low: CN¥14.48The company is down 7.0% from its price of CN¥15.56 on 04 November 2020. The Chinese market is up 6.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Basic Materials industry, which is up 8.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥44.74 per share.
お知らせ • Jan 22Xinjiang Tianshan Cement Co., Ltd. to Report Fiscal Year 2020 Results on Mar 12, 2021Xinjiang Tianshan Cement Co., Ltd. announced that they will report fiscal year 2020 results on Mar 12, 2021
Is New 90 Day High Low • Dec 28New 90-day low: CN¥14.61The company is down 17% from its price of CN¥17.67 on 29 September 2020. The Chinese market is up 6.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Basic Materials industry, which is down 2.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥44.76 per share.
Valuation Update With 7 Day Price Move • Nov 17Market bids up stock over the past weekAfter last week's 22% share price gain to CN¥18.68, the stock is trading at a trailing P/E ratio of 12.3x, up from the previous P/E ratio of 10.1x. This compares to an average P/E of 16x in the Basic Materials industry in China. Total returns to shareholders over the past three years are 100%.
Is New 90 Day High Low • Oct 30New 90-day low: CN¥14.85The company is down 18% from its price of CN¥18.02 on 24 July 2020. The Chinese market is down 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Basic Materials industry, which is down 9.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥36.83 per share.
Reported Earnings • Oct 28Third quarter earnings releasedOver the last 12 months the company has reported total profits of CN¥1.60b, down 3.5% from the prior year. Total revenue was CN¥8.56b over the last 12 months, down 10% from the prior year.
お知らせ • Oct 20Xinjiang Tianshan Cement Co., Ltd. to Report Q3, 2020 Results on Oct 28, 2020Xinjiang Tianshan Cement Co., Ltd. announced that they will report Q3, 2020 results on Oct 28, 2020
Is New 90 Day High Low • Oct 14New 90-day low: CN¥17.18The company is down 2.0% from its price of CN¥17.53 on 16 July 2020. The Chinese market is flat over the last 90 days, indicating the company underperformed over that time. It also underperformed the Basic Materials 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¥69.29 per share.
お知らせ • Aug 11Xinjiang Tianshan Cement Co., Ltd. announced a financing transactionXinjiang Tianshan Cement Co., Ltd. (SZSE:000877) announced a private placement of not more than 314,616,887 shares, to not more than 35 investors, the shares will be priced at not less than 80% of the average price in the 20 trading days before the pricing reference date on August 7, 2020. The shares to be issued will have a hold period of 6 months from the closing. The transaction has been approved by the board of directors of the parent of the company. The transaction has also been approved by the board of directors of the company in its 26th meeting of it’s 7th directorate and the 13th meeting of it's 7th supervisory board. The transaction is still subject to state administration for market regulation’s review on business concentration anti-monopoly, state-owned assets supervision and administration department’s filing of the target assetes’ assessment reports, China National Building Material Co., Ltd.’s internal decision-making authority’s approval, second approval of the company’s directorate after the target assets’ audit and assessment work are completed, state-owned assets supervision and administration department’s approval of the official transaction, company’s shareholders’ approval of the official transaction, China Securities Regulatory Commission approval of the official transaction, other necessary approvals.
お知らせ • Aug 08Xinjiang Tianshan Cement Co., Ltd. (SZSE:000877) signed Indicative Agreements to acquire stakes in South West Cement Company Limited and South Cement Company Limited.Xinjiang Tianshan Cement Co., Ltd. (SZSE:000877) signed Indicative Agreements to acquire stakes in South West Cement Company Limited and South Cement Company Limited on August 7, 2020. Under the terms, Xinjiang Tianshan will acquire 15.1% stake and 15.9% stake in South Cement and Southwest Cement respectively from independent sellers. The consideration will be paid by issuance of new shares of Xinjiang Tianshan. In related transactions, Xinjiang Tianshan will acquire stake in different companies from its parent China National Building Material Company Limited (SEHK : 3323) as a part of asset restructuring in the group. The indicative agreement will take effect upon fulfillment of various conditions applicable for the proposed restructuring.
お知らせ • Jul 24Xinjiang Tianshan Cement Co., Ltd. to Report First Half, 2020 Results on Aug 20, 2020Xinjiang Tianshan Cement Co., Ltd. announced that they will report first half, 2020 results on Aug 20, 2020