View Financial HealthAdvanced Technology & Materials 配当と自社株買い配当金 基準チェック /26Advanced Technology & Materials配当を支払う会社であり、現在の利回りは0.88%で、収益によって十分にカバーされています。主要情報0.9%配当利回り0.003%バイバック利回り総株主利回り0.9%将来の配当利回りn/a配当成長22.4%次回配当支払日n/a配当落ち日n/a一株当たり配当金n/a配当性向55%最近の配当と自社株買いの更新Declared Dividend • Jun 16Dividend increased to CN¥0.20Dividend of CN¥0.20 is 150% higher than last year. Ex-date: 18th June 2025 Payment date: 18th June 2025 Dividend yield will be 1.5%, which is lower than the industry average of 2.8%. Sustainability & Growth Dividend is covered by both earnings (55% earnings payout ratio) and cash flows (40% cash payout ratio). The dividend has increased by an average of 31% per year over the past 7 years. However, payments have been volatile during that time. EPS is expected to grow by 6.0% over the next 3 years, which should provide support to the dividend and adequate earnings cover.お知らせ • Apr 22Advanced Technology & Materials Co., Ltd. Approves Cash Dividend for 2024Advanced Technology & Materials Co., Ltd. at its Annual General Meeting held on 18 April 2025 approved cash dividend of CNY 2.00000000 per 10 shares (tax included) for 2024.お知らせ • May 24Advanced Technology & Materials Co., Ltd. Announces Final Dividend for 2022, Payable on 30 May 2023Advanced Technology & Materials Co., Ltd. announced final cash dividend of CNY 1.20000000 per 10 shares (tax included) for 2022. Record date is 29 May 2023. Ex-date is 30 May 2023. Payment date is 30 May 2023.お知らせ • Jun 02Advanced Technology & Materials Co., Ltd. Announces Final Dividend for 2020, Payable on June 8, 2021Advanced Technology & Materials Co., Ltd. announced final cash dividend/10 shares (A shares) (tax included) of CNY 0.20000000 for 2020. Record date is 07 June 2021. Ex-date is 08 June 2021. Payment date is 08 June 2021.すべての更新を表示Recent updatesお知らせ • Apr 28Advanced Technology & Materials Co., Ltd., Annual General Meeting, May 19, 2026Advanced Technology & Materials Co., Ltd., Annual General Meeting, May 19, 2026, at 14:00 China Standard Time. Location: The Company Headquarters' Meeting Room, Beijing Chinaお知らせ • Mar 31Advanced Technology & Materials Co., Ltd. to Report Q1, 2026 Results on Apr 28, 2026Advanced Technology & Materials Co., Ltd. announced that they will report Q1, 2026 results on Apr 28, 2026Reported Earnings • Mar 31Full year 2025 earnings: EPS and revenues exceed analyst expectationsFull year 2025 results: EPS: CN¥0.35 (down from CN¥0.36 in FY 2024). Revenue: CN¥7.93b (up 4.7% from FY 2024). Net income: CN¥364.9m (down 2.0% from FY 2024). Profit margin: 4.6% (down from 4.9% in FY 2024). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 8.0%. Earnings per share (EPS) also surpassed analyst estimates by 2.9%. Revenue is expected to decline by 2.2% 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 18% per year but the company’s share price has increased by 30% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Dec 31Advanced Technology & Materials Co., Ltd. to Report Fiscal Year 2025 Results on Mar 31, 2026Advanced Technology & Materials Co., Ltd. announced that they will report fiscal year 2025 results on Mar 31, 2026Reported Earnings • Oct 30Third quarter 2025 earnings released: EPS: CN¥0.091 (vs CN¥0.058 in 3Q 2024)Third quarter 2025 results: EPS: CN¥0.091 (up from CN¥0.058 in 3Q 2024). Revenue: CN¥2.10b (up 8.9% from 3Q 2024). Net income: CN¥94.4m (up 58% from 3Q 2024). Profit margin: 4.5% (up from 3.1% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to stay flat during the next 3 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 increased by 21% per year but the company’s share price has increased by 41% per year, which means it is tracking significantly ahead of earnings growth.Buy Or Sell Opportunity • Oct 28Now 27% overvalued after recent price riseOver the last 90 days, the stock has risen 70% to CN¥22.98. The fair value is estimated to be CN¥18.03, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 24%. Revenue is forecast to grow by 2.2% in 2 years. Earnings are forecast to grow by 38% in the next 2 years.New Risk • Oct 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 7.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (7.4% average weekly change).Valuation Update With 7 Day Price Move • Oct 10Investor sentiment improves as stock rises 21%After last week's 21% share price gain to CN¥16.41, the stock trades at a forward P/E ratio of 47x. Average forward P/E is 21x in the Metals and Mining industry in China. Total returns to shareholders of 113% over the past three years.お知らせ • Sep 30Advanced Technology & Materials Co., Ltd. to Report Q3, 2025 Results on Oct 30, 2025Advanced Technology & Materials Co., Ltd. announced that they will report Q3, 2025 results on Oct 30, 2025Board Change • Aug 28High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Director Jie Hu 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.Reported Earnings • Aug 27Second quarter 2025 earnings released: EPS: CN¥0.098 (vs CN¥0.19 in 2Q 2024)Second quarter 2025 results: EPS: CN¥0.098 (down from CN¥0.19 in 2Q 2024). Revenue: CN¥1.93b (down 4.8% from 2Q 2024). Net income: CN¥104.7m (down 48% from 2Q 2024). Profit margin: 5.4% (down from 9.9% in 2Q 2024). Revenue is forecast to grow 8.6% p.a. on average during the next 3 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 increased by 24% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth.お知らせ • Jul 02Advanced Technology & Materials Co., Ltd. to Report First Half, 2025 Results on Aug 30, 2025Advanced Technology & Materials Co., Ltd. announced that they will report first half, 2025 results on Aug 30, 2025Declared Dividend • Jun 16Dividend increased to CN¥0.20Dividend of CN¥0.20 is 150% higher than last year. Ex-date: 18th June 2025 Payment date: 18th June 2025 Dividend yield will be 1.5%, which is lower than the industry average of 2.8%. Sustainability & Growth Dividend is covered by both earnings (55% earnings payout ratio) and cash flows (40% cash payout ratio). The dividend has increased by an average of 31% per year over the past 7 years. However, payments have been volatile during that time. EPS is expected to grow by 6.0% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Reported Earnings • Apr 30First quarter 2025 earnings released: EPS: CN¥0.081 (vs CN¥0.077 in 1Q 2024)First quarter 2025 results: EPS: CN¥0.081 (up from CN¥0.077 in 1Q 2024). Revenue: CN¥1.78b (down 5.8% from 1Q 2024). Net income: CN¥82.5m (up 5.0% from 1Q 2024). Profit margin: 4.6% (up from 4.2% in 1Q 2024). The increase in margin was driven by lower expenses. Revenue is forecast to grow 7.7% p.a. on average during the next 3 years, compared to a 9.8% growth forecast for the Metals and Mining industry in China. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth.お知らせ • Apr 22Advanced Technology & Materials Co., Ltd. Approves Cash Dividend for 2024Advanced Technology & Materials Co., Ltd. at its Annual General Meeting held on 18 April 2025 approved cash dividend of CNY 2.00000000 per 10 shares (tax included) for 2024.Valuation Update With 7 Day Price Move • Apr 08Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to CN¥11.09, the stock trades at a forward P/E ratio of 26x. Average forward P/E is 15x in the Metals and Mining industry in China. Total returns to shareholders of 53% over the past three years.お知らせ • Mar 31Advanced Technology & Materials Co., Ltd. to Report Q1, 2025 Results on Apr 28, 2025Advanced Technology & Materials Co., Ltd. announced that they will report Q1, 2025 results on Apr 28, 2025Reported Earnings • Mar 28Full year 2024 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2024 results: EPS: CN¥0.36 (up from CN¥0.24 in FY 2023). Revenue: CN¥7.57b (down 7.5% from FY 2023). Net income: CN¥372.4m (up 49% from FY 2023). Profit margin: 4.9% (up from 3.0% in FY 2023). The increase in margin was driven by lower expenses. Revenue exceeded analyst estimates by 1.9%. Earnings per share (EPS) missed analyst estimates by 10%. Revenue is forecast to grow 7.0% 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 increased by 28% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth.お知らせ • Mar 28Advanced Technology & Materials Co., Ltd., Annual General Meeting, Apr 18, 2025Advanced Technology & Materials Co., Ltd., Annual General Meeting, Apr 18, 2025, at 14:00 China Standard Time. Location: The Company Headquarters' Meeting Room, Beijing China分析記事 • Mar 09Calculating The Fair Value Of Advanced Technology & Materials Co., Ltd. (SZSE:000969)Key Insights Advanced Technology & Materials' estimated fair value is CN¥14.66 based on 2 Stage Free Cash Flow to...分析記事 • Feb 20Earnings Not Telling The Story For Advanced Technology & Materials Co., Ltd. (SZSE:000969)There wouldn't be many who think Advanced Technology & Materials Co., Ltd.'s ( SZSE:000969 ) price-to-earnings (or...Buy Or Sell Opportunity • Feb 08Now 20% undervaluedOver the last 90 days, the stock has risen 6.7% to CN¥12.14. The fair value is estimated to be CN¥15.23, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.2% over the last 3 years. Earnings per share has grown by 25%. Revenue is forecast to grow by 6.5% in 2 years. Earnings are forecast to grow by 30% in the next 2 years.お知らせ • Dec 31Advanced Technology & Materials Co., Ltd. to Report Fiscal Year 2024 Results on Mar 28, 2025Advanced Technology & Materials Co., Ltd. announced that they will report fiscal year 2024 results on Mar 28, 2025Buy Or Sell Opportunity • Nov 28Now 21% undervaluedOver the last 90 days, the stock has risen 40% to CN¥11.76. The fair value is estimated to be CN¥14.85, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.2% over the last 3 years. Earnings per share has grown by 25%. Revenue is forecast to grow by 6.5% in 2 years. Earnings are forecast to grow by 30% in the next 2 years.分析記事 • Nov 27Returns At Advanced Technology & Materials (SZSE:000969) Are On The Way UpWhat trends should we look for it we want to identify stocks that can multiply in value over the long term? In a...Valuation Update With 7 Day Price Move • Nov 22Investor sentiment improves as stock rises 22%After last week's 22% share price gain to CN¥13.15, the stock trades at a forward P/E ratio of 32x. Average forward P/E is 15x in the Metals and Mining industry in China. Total returns to shareholders of 21% over the past three years.Buy Or Sell Opportunity • Nov 12Now 22% undervaluedOver the last 90 days, the stock has risen 40% to CN¥11.63. The fair value is estimated to be CN¥14.84, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.2% over the last 3 years. Earnings per share has grown by 25%. Revenue is forecast to grow by 44% in 2 years. Earnings are forecast to grow by 21% in the next 2 years.分析記事 • Nov 11Advanced Technology & Materials Co., Ltd. (SZSE:000969) Held Back By Insufficient Growth Even After Shares Climb 30%Despite an already strong run, Advanced Technology & Materials Co., Ltd. ( SZSE:000969 ) shares have been powering on...Reported Earnings • Oct 30Third quarter 2024 earnings released: EPS: CN¥0.058 (vs CN¥0.037 in 3Q 2023)Third quarter 2024 results: EPS: CN¥0.058 (up from CN¥0.037 in 3Q 2023). Revenue: CN¥1.93b (up 6.2% from 3Q 2023). Net income: CN¥59.6m (up 55% from 3Q 2023). Profit margin: 3.1% (up from 2.1% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 15% p.a. on average during the next 3 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 increased by 25% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.Buy Or Sell Opportunity • Oct 22Now 24% overvalued after recent price riseOver the last 90 days, the stock has risen 27% to CN¥10.24. The fair value is estimated to be CN¥8.26, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 10% over the last 3 years. Earnings per share has grown by 20%. Revenue is forecast to grow by 42% in 2 years. Earnings are forecast to grow by 19% in the next 2 years.分析記事 • Oct 11Calculating The Fair Value Of Advanced Technology & Materials Co., Ltd. (SZSE:000969)Key Insights The projected fair value for Advanced Technology & Materials is CN¥8.20 based on 2 Stage Free Cash Flow to...お知らせ • Sep 30Advanced Technology & Materials Co., Ltd. to Report Q3, 2024 Results on Oct 30, 2024Advanced Technology & Materials Co., Ltd. announced that they will report Q3, 2024 results on Oct 30, 2024Valuation Update With 7 Day Price Move • Sep 30Investor sentiment improves as stock rises 21%After last week's 21% share price gain to CN¥9.78, the stock trades at a forward P/E ratio of 30x. Average forward P/E is 14x in the Metals and Mining industry in China. Total returns to shareholders of 18% over the past three years.分析記事 • Sep 25We Think Advanced Technology & Materials (SZSE:000969) Can Manage Its Debt With EaseHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...分析記事 • Sep 05Advanced Technology & Materials (SZSE:000969) Posted Healthy Earnings But There Are Some Other Factors To Be Aware OfDespite posting some strong earnings, the market for Advanced Technology & Materials Co., Ltd.'s ( SZSE:000969 ) stock...Buy Or Sell Opportunity • Aug 20Now 22% undervalued after recent price dropOver the last 90 days, the stock has fallen 10.0% to CN¥8.10. The fair value is estimated to be CN¥10.32, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Earnings per share has grown by 14%. Revenue is forecast to grow by 37% in 2 years. Earnings are forecast to grow by 65% in the next 2 years.Buy Or Sell Opportunity • Aug 05Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 8.6% to CN¥8.29. The fair value is estimated to be CN¥10.37, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Earnings per share has grown by 14%. Revenue is forecast to grow by 37% in 2 years. Earnings are forecast to grow by 65% in the next 2 years.分析記事 • Aug 01Investor Optimism Abounds Advanced Technology & Materials Co., Ltd. (SZSE:000969) But Growth Is LackingAdvanced Technology & Materials Co., Ltd.'s ( SZSE:000969 ) price-to-earnings (or "P/E") ratio of 35.9x might make it...分析記事 • Jul 14Advanced Technology & Materials' (SZSE:000969) Returns On Capital Are Heading HigherIf you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...お知らせ • Jul 11Beijing Xu’an Kechuang Technology Co., Ltd. and Ningbo Yuancheng Technology Development Center (Limited Partnership) completed the acquisition of 14% stake in AT&M Environmental Engineering Technology Co., Ltd. from Advanced Technology & Materials Co., Ltd. (SZSE:000969).Beijing Xu’an Kechuang Technology Co., Ltd. and Ningbo Yuancheng Technology Development Center (Limited Partnership) proposed to acquire 14% stake in AT&M Environmental Engineering Technology Co., Ltd. from Advanced Technology & Materials Co., Ltd. (SZSE:000969) for CNY 140 million on November 27, 2023. Beijing Xu’an Kechuang Technology Co., Ltd. will acquire 10% for CNY 100 million and Ningbo Yuancheng Technology Development Center (Limited Partnership) 4% for CNY 40 million. On November 27, 2023, the Company held the 16th Extraordinary Meeting of the 8th Directorate, and approved the auction. On December 19, 2023, the Company held the 2nd Extraordinary Shareholders Meeting of 2023, and approved the auction.Beijing Xu’an Kechuang Technology Co., Ltd. and Ningbo Yuancheng Technology Development Center (Limited Partnership) completed the acquisition of 14% stake in AT&M Environmental Engineering Technology Co., Ltd. from Advanced Technology & Materials Co., Ltd. (SZSE:000969) on July 9, 2024.お知らせ • Jun 29Advanced Technology & Materials Co., Ltd. to Report First Half, 2024 Results on Aug 30, 2024Advanced Technology & Materials Co., Ltd. announced that they will report first half, 2024 results on Aug 30, 2024分析記事 • Jun 25Is Advanced Technology & Materials (SZSE:000969) A Risky Investment?Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...Board Change • Jun 25High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Independent Director Chunlong Li was the last director to join the board, commencing their role in 2023. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.分析記事 • May 25Estimating The Fair Value Of Advanced Technology & Materials Co., Ltd. (SZSE:000969)Key Insights Using the 2 Stage Free Cash Flow to Equity, Advanced Technology & Materials fair value estimate is CN¥8.71...お知らせ • Apr 30Advanced Technology & Materials Co., Ltd., Annual General Meeting, May 20, 2024Advanced Technology & Materials Co., Ltd., Annual General Meeting, May 20, 2024, at 14:00 China Standard Time. Location: The Company Headquarters' Meeting Room, Beijing ChinaReported Earnings • Apr 29First quarter 2024 earnings released: EPS: CN¥0.077 (vs CN¥0.077 in 1Q 2023)First quarter 2024 results: EPS: CN¥0.077 (in line with 1Q 2023). Revenue: CN¥1.89b (down 11% from 1Q 2023). Net income: CN¥78.7m (flat on 1Q 2023). Profit margin: 4.2% (up from 3.7% in 1Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 13% 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 increased by 14% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.お知らせ • Mar 30Advanced Technology & Materials Co., Ltd. to Report Q1, 2024 Results on Apr 29, 2024Advanced Technology & Materials Co., Ltd. announced that they will report Q1, 2024 results on Apr 29, 2024分析記事 • Mar 28Advanced Technology & Materials (SZSE:000969) Is Experiencing Growth In Returns On CapitalTo find a multi-bagger stock, what are the underlying trends we should look for in a business? Amongst other things...分析記事 • Mar 07Advanced Technology & Materials Co., Ltd. (SZSE:000969) Stocks Shoot Up 31% But Its P/E Still Looks ReasonableThose holding Advanced Technology & Materials Co., Ltd. ( SZSE:000969 ) shares would be relieved that the share price...Valuation Update With 7 Day Price Move • Feb 05Investor sentiment deteriorates as stock falls 20%After last week's 20% share price decline to CN¥6.27, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 11x in the Metals and Mining industry in China. Total returns to shareholders of 9.7% over the past three years.お知らせ • Dec 30Advanced Technology & Materials Co., Ltd. to Report Fiscal Year 2023 Results on Apr 29, 2024Advanced Technology & Materials Co., Ltd. announced that they will report fiscal year 2023 results on Apr 29, 2024Reported Earnings • Nov 01Third quarter 2023 earnings released: EPS: CN¥0.037 (vs CN¥0.028 in 3Q 2022)Third quarter 2023 results: EPS: CN¥0.037 (up from CN¥0.028 in 3Q 2022). Revenue: CN¥1.82b (up 3.0% from 3Q 2022). Net income: CN¥38.4m (up 32% from 3Q 2022). Profit margin: 2.1% (up from 1.6% in 3Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Metals and Mining industry in China. Over the last 3 years on average, earnings per share has increased by 19% per year whereas the company’s share price has increased by 14% per year.Board Change • Oct 18High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Non-Independent Director Jianxin Tang 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 • Aug 25Second quarter 2023 earnings released: EPS: CN¥0.078 (vs CN¥0.054 in 2Q 2022)Second quarter 2023 results: EPS: CN¥0.078 (up from CN¥0.054 in 2Q 2022). Revenue: CN¥2.12b (up 10% from 2Q 2022). Net income: CN¥80.2m (up 45% from 2Q 2022). Profit margin: 3.8% (up from 2.9% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 21% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Metals and Mining industry in China. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.お知らせ • May 24Advanced Technology & Materials Co., Ltd. Announces Final Dividend for 2022, Payable on 30 May 2023Advanced Technology & Materials Co., Ltd. announced final cash dividend of CNY 1.20000000 per 10 shares (tax included) for 2022. Record date is 29 May 2023. Ex-date is 30 May 2023. Payment date is 30 May 2023.Reported Earnings • Apr 14First quarter 2023 earnings released: EPS: CN¥0.075 (vs CN¥0.084 in 1Q 2022)First quarter 2023 results: EPS: CN¥0.075 (down from CN¥0.084 in 1Q 2022). Revenue: CN¥2.11b (up 3.7% from 1Q 2022). Net income: CN¥76.8m (down 11% from 1Q 2022). Profit margin: 3.6% (down from 4.2% in 1Q 2022). 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 17% per year.Valuation Update With 7 Day Price Move • Dec 14Investor sentiment improved over the past weekAfter last week's 18% share price gain to CN¥9.71, the stock trades at a trailing P/E ratio of 54.1x. Average trailing P/E is 31x in the Metals and Mining industry in China. Total returns to shareholders of 48% over the past three years.Board Change • Nov 16High number of new directorsThere are 8 new directors who have joined the board in the last 3 years. Non-Independent Director Jianxin Tang 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 • Oct 27Third quarter 2022 earnings released: EPS: CN¥0.028 (vs CN¥0.034 in 3Q 2021)Third quarter 2022 results: EPS: CN¥0.028 (down from CN¥0.034 in 3Q 2021). Revenue: CN¥1.77b (up 4.3% from 3Q 2021). Net income: CN¥29.1m (down 17% from 3Q 2021). Profit margin: 1.6% (down from 2.1% in 3Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.Reported Earnings • Aug 24Second quarter 2022 earnings released: EPS: CN¥0.054 (vs CN¥0.062 in 2Q 2021)Second quarter 2022 results: EPS: CN¥0.054 (down from CN¥0.062 in 2Q 2021). Revenue: CN¥1.92b (up 17% from 2Q 2021). Net income: CN¥55.4m (down 12% from 2Q 2021). Profit margin: 2.9% (down from 3.9% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 52% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth.お知らせ • Jul 28Advanced Technology & Materials Co., Ltd. Approves Management AppointmentsAdvanced Technology & Materials Co., Ltd. at its Extraordinary General Meeting held on 26 July 2022, approved change and election of Tang Jianxin, Huang Shaji and Xiao Ping as non-independent directors; and change and election of Hu Jie as shareholder supervisor.Reported Earnings • Apr 27First quarter 2022 earnings: EPS and revenues miss analyst expectationsFirst quarter 2022 results: EPS: CN¥0.084 (up from CN¥0.057 in 1Q 2021). Revenue: CN¥2.03b (up 39% from 1Q 2021). Net income: CN¥86.2m (up 48% from 1Q 2021). Profit margin: 4.2% (up from 4.0% in 1Q 2021). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 100%. Earnings per share (EPS) also missed analyst estimates by 12%. Over the last 3 years on average, earnings per share has increased by 71% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.Board Change • Apr 27High number of new and inexperienced directorsThere are 7 new directors who have joined the board in the last 3 years. The company's board is composed of: 7 new directors. 5 experienced directors. No highly experienced directors. Independent Director Zhao Nian Liu is the most experienced director on the board, commencing their role in 2015. 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 • Mar 31Advanced Technology & Materials Co., Ltd., Annual General Meeting, Apr 19, 2022Advanced Technology & Materials Co., Ltd., Annual General Meeting, Apr 19, 2022, at 14:00 China Standard Time. Agenda: To consider the 2021 annual report; to consider the 2021 work report of the board of directors; to consider the 2021 annual accounts; to consider the 2021 profit distribution plan; to consider the 2021 provision for assets impairment; to consider the 2022 estimated total amount of continuing operational connected transactions; to consider the 2021 work report of the supervisory committee; to consider the purchase of liability insurance for directors, supervisors and senior management; to consider the shareholder return plan for the next three years from 2021 to 2023; to consider the election of independent directors, cumulative voting system applicable; and to consider the other resolution.Reported Earnings • Mar 28Full year 2021 earnings: EPS and revenues miss analyst expectationsFull year 2021 results: EPS: CN¥0.17 (up from CN¥0.10 in FY 2020). Revenue: CN¥6.27b (up 26% from FY 2020). Net income: CN¥171.7m (up 66% from FY 2020). Profit margin: 2.7% (up from 2.1% in FY 2020). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 100%. Earnings per share (EPS) also missed analyst estimates by 12%. Over the last 3 years on average, earnings per share has increased by 88% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Nov 25Investor sentiment improved over the past weekAfter last week's 22% share price gain to CN¥11.29, the stock trades at a trailing P/E ratio of 61.7x. Average trailing P/E is 33x in the Metals and Mining industry in China. Total returns to shareholders of 122% over the past three years.Reported Earnings • Oct 31Third quarter 2021 earnings released: EPS CN¥0.034 (vs CN¥0.021 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: CN¥1.69b (up 35% from 3Q 2020). Net income: CN¥35.2m (up 60% from 3Q 2020). Profit margin: 2.1% (up from 1.7% in 3Q 2020). Over the last 3 years on average, earnings per share has increased by 93% per year but the company’s share price has only increased by 23% per year, which means it is significantly lagging earnings growth.Reported Earnings • Aug 27Second quarter 2021 earnings released: EPS CN¥0.062 (vs CN¥0.041 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CN¥1.64b (up 28% from 2Q 2020). Net income: CN¥63.2m (up 51% from 2Q 2020). Profit margin: 3.9% (up from 3.3% in 2Q 2020). Over the last 3 years on average, earnings per share has increased by 86% per year but the company’s share price has only increased by 28% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Jul 09Investor sentiment improved over the past weekAfter last week's 19% share price gain to CN¥9.63, the stock trades at a trailing P/E ratio of 64.6x. Average trailing P/E is 28x in the Metals and Mining industry in China. Total returns to shareholders of 57% over the past three years.お知らせ • Jun 02Advanced Technology & Materials Co., Ltd. Announces Final Dividend for 2020, Payable on June 8, 2021Advanced Technology & Materials Co., Ltd. announced final cash dividend/10 shares (A shares) (tax included) of CNY 0.20000000 for 2020. Record date is 07 June 2021. Ex-date is 08 June 2021. Payment date is 08 June 2021.Reported Earnings • Apr 16First quarter 2021 earnings released: EPS CN¥0.057 (vs CN¥0.008 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: CN¥1.46b (up 36% from 1Q 2020). Net income: CN¥58.1m (up CN¥49.8m from 1Q 2020). Profit margin: 4.0% (up from 0.8% in 1Q 2020). Over the last 3 years on average, earnings per share has increased by 70% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.Reported Earnings • Mar 26Full year 2020 earnings released: EPS CN¥0.10 (vs CN¥0.16 in FY 2019)The company reported a soft full year result with weaker earnings and profit margins, although revenues improved. Full year 2020 results: Revenue: CN¥4.98b (up 4.2% from FY 2019). Net income: CN¥103.5m (down 37% from FY 2019). Profit margin: 2.1% (down from 3.4% in FY 2019). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 51% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.お知らせ • Feb 26Baoding Zhipu Electric Power Technology Co., Ltd. signed the contract to acquire 18% stake in Hebei Tianwei-huarui Electric Co., Ltd. from Advanced Technology & Materials Co., Ltd. (SZSE:000969) for CNY 82 million.Baoding Zhipu Electric Power Technology Co., Ltd. signed the contract to acquire 18% stake in Hebei Tianwei-huarui Electric Co., Ltd. from Advanced Technology & Materials Co., Ltd. (SZSE:000969) for CNY 82 million on February 4, 2021. Under the terms, within 15 working days after the full transaction price has been paid Advanced Technology & Materials Co., Ltd. shall urge the target company to go through the equity change registration. On February 7, 2021, the company received the Enterprise State-owned Assets Transaction Certificate. February 10, 2021, it received the entire price of the above equity transaction remitted by China Beijing Equity Exchange Co., Ltd. After the transaction Advanced Technology & Materials will not hold any stake in Hebei Tianwei-huarui Electric Co., Ltd. The transaction is approved by the Board of Directors of Advanced Technology & Materials.お知らせ • Feb 20Advanced Technology & Materials Co., Ltd. to Report Fiscal Year 2020 Results on Mar 26, 2021Advanced Technology & Materials Co., Ltd. announced that they will report fiscal year 2020 results on Mar 26, 2021Is New 90 Day High Low • Jan 18New 90-day high: CN¥7.43The company is up 6.0% from its price of CN¥7.02 on 20 October 2020. The Chinese market is up 7.0% 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.Is New 90 Day High Low • Nov 24New 90-day high: CN¥7.42The company is up 7.0% from its price of CN¥6.95 on 26 August 2020. The Chinese market is flat over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Metals and Mining industry, which is up 8.0% over the same period.Reported Earnings • Nov 01Third quarter earnings releasedOver the last 12 months the company has reported total profits of CN¥124.1m, with earnings increasing by CN¥146.4m from the prior year. Total revenue was CN¥4.77b over the last 12 months, down 1.5% from the prior year.Is New 90 Day High Low • Oct 29New 90-day low: CN¥6.55The company is down 11% from its price of CN¥7.39 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.お知らせ • Sep 30Advanced Technology & Materials Co., Ltd. Elects Yang Songling as an Independent DirectorAdvanced Technology & Materials Co., Ltd. at its EGM held on September 28, 2020 approved election of Yang Songling as an independent director.お知らせ • Aug 14Advanced Technology & Materials Co., Ltd. to Report First Half, 2020 Results on Aug 31, 2020Advanced Technology & Materials Co., Ltd. announced that they will report first half, 2020 results on Aug 31, 2020決済の安定と成長配当データの取得安定した配当: 000969は 10 年未満配当金を支払っており、この間、支払額は 変動性 が高かった。増加する配当: 000969の配当金は増加していますが、同社は8年間しか配当金を支払っていません。配当利回り対市場Advanced Technology & Materials 配当利回り対市場000969 配当利回りは市場と比べてどうか？セグメント配当利回り会社 (000969)0.9%市場下位25% (CN)0.4%市場トップ25% (CN)1.9%業界平均 (Metals and Mining)1.4%アナリスト予想 (000969) (最長3年)n/a注目すべき配当: 000969の配当金 ( 0.88% ) はCN市場の配当金支払者の下位 25% ( 0.37% ) よりも高くなっています。高配当: 000969の配当金 ( 0.88% ) はCN市場の配当金支払者の上位 25% ( 1.93% ) と比較すると低いです。株主への利益配当収益カバレッジ: 000969の配当金は、合理的な 配当性向 ( 54.6% ) により、利益によって賄われています。株主配当金キャッシュフローカバレッジ: 000969は高い 現金配当性向 ( 164.2% ) のため、配当金の支払いはキャッシュフローで十分にカバーされていません。高配当企業の発掘7D1Y7D1Y7D1YCN 市場の強力な配当支払い企業。View Management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2026/05/22 19:08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Advanced Technology & Materials Co., Ltd. 0 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。3 アナリスト機関Ning LiChina Stock Investment Research Co. Ltd. (GZ500..com)Haisheng WangEverbright Securities Co. Ltd.Yiting LiuTianfeng Securities Brokerage Co., Ltd
Declared Dividend • Jun 16Dividend increased to CN¥0.20Dividend of CN¥0.20 is 150% higher than last year. Ex-date: 18th June 2025 Payment date: 18th June 2025 Dividend yield will be 1.5%, which is lower than the industry average of 2.8%. Sustainability & Growth Dividend is covered by both earnings (55% earnings payout ratio) and cash flows (40% cash payout ratio). The dividend has increased by an average of 31% per year over the past 7 years. However, payments have been volatile during that time. EPS is expected to grow by 6.0% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
お知らせ • Apr 22Advanced Technology & Materials Co., Ltd. Approves Cash Dividend for 2024Advanced Technology & Materials Co., Ltd. at its Annual General Meeting held on 18 April 2025 approved cash dividend of CNY 2.00000000 per 10 shares (tax included) for 2024.
お知らせ • May 24Advanced Technology & Materials Co., Ltd. Announces Final Dividend for 2022, Payable on 30 May 2023Advanced Technology & Materials Co., Ltd. announced final cash dividend of CNY 1.20000000 per 10 shares (tax included) for 2022. Record date is 29 May 2023. Ex-date is 30 May 2023. Payment date is 30 May 2023.
お知らせ • Jun 02Advanced Technology & Materials Co., Ltd. Announces Final Dividend for 2020, Payable on June 8, 2021Advanced Technology & Materials Co., Ltd. announced final cash dividend/10 shares (A shares) (tax included) of CNY 0.20000000 for 2020. Record date is 07 June 2021. Ex-date is 08 June 2021. Payment date is 08 June 2021.
お知らせ • Apr 28Advanced Technology & Materials Co., Ltd., Annual General Meeting, May 19, 2026Advanced Technology & Materials Co., Ltd., Annual General Meeting, May 19, 2026, at 14:00 China Standard Time. Location: The Company Headquarters' Meeting Room, Beijing China
お知らせ • Mar 31Advanced Technology & Materials Co., Ltd. to Report Q1, 2026 Results on Apr 28, 2026Advanced Technology & Materials Co., Ltd. announced that they will report Q1, 2026 results on Apr 28, 2026
Reported Earnings • Mar 31Full year 2025 earnings: EPS and revenues exceed analyst expectationsFull year 2025 results: EPS: CN¥0.35 (down from CN¥0.36 in FY 2024). Revenue: CN¥7.93b (up 4.7% from FY 2024). Net income: CN¥364.9m (down 2.0% from FY 2024). Profit margin: 4.6% (down from 4.9% in FY 2024). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 8.0%. Earnings per share (EPS) also surpassed analyst estimates by 2.9%. Revenue is expected to decline by 2.2% 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 18% per year but the company’s share price has increased by 30% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Dec 31Advanced Technology & Materials Co., Ltd. to Report Fiscal Year 2025 Results on Mar 31, 2026Advanced Technology & Materials Co., Ltd. announced that they will report fiscal year 2025 results on Mar 31, 2026
Reported Earnings • Oct 30Third quarter 2025 earnings released: EPS: CN¥0.091 (vs CN¥0.058 in 3Q 2024)Third quarter 2025 results: EPS: CN¥0.091 (up from CN¥0.058 in 3Q 2024). Revenue: CN¥2.10b (up 8.9% from 3Q 2024). Net income: CN¥94.4m (up 58% from 3Q 2024). Profit margin: 4.5% (up from 3.1% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to stay flat during the next 3 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 increased by 21% per year but the company’s share price has increased by 41% per year, which means it is tracking significantly ahead of earnings growth.
Buy Or Sell Opportunity • Oct 28Now 27% overvalued after recent price riseOver the last 90 days, the stock has risen 70% to CN¥22.98. The fair value is estimated to be CN¥18.03, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 24%. Revenue is forecast to grow by 2.2% in 2 years. Earnings are forecast to grow by 38% in the next 2 years.
New Risk • Oct 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 7.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (7.4% average weekly change).
Valuation Update With 7 Day Price Move • Oct 10Investor sentiment improves as stock rises 21%After last week's 21% share price gain to CN¥16.41, the stock trades at a forward P/E ratio of 47x. Average forward P/E is 21x in the Metals and Mining industry in China. Total returns to shareholders of 113% over the past three years.
お知らせ • Sep 30Advanced Technology & Materials Co., Ltd. to Report Q3, 2025 Results on Oct 30, 2025Advanced Technology & Materials Co., Ltd. announced that they will report Q3, 2025 results on Oct 30, 2025
Board Change • Aug 28High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Director Jie Hu 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.
Reported Earnings • Aug 27Second quarter 2025 earnings released: EPS: CN¥0.098 (vs CN¥0.19 in 2Q 2024)Second quarter 2025 results: EPS: CN¥0.098 (down from CN¥0.19 in 2Q 2024). Revenue: CN¥1.93b (down 4.8% from 2Q 2024). Net income: CN¥104.7m (down 48% from 2Q 2024). Profit margin: 5.4% (down from 9.9% in 2Q 2024). Revenue is forecast to grow 8.6% p.a. on average during the next 3 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 increased by 24% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth.
お知らせ • Jul 02Advanced Technology & Materials Co., Ltd. to Report First Half, 2025 Results on Aug 30, 2025Advanced Technology & Materials Co., Ltd. announced that they will report first half, 2025 results on Aug 30, 2025
Declared Dividend • Jun 16Dividend increased to CN¥0.20Dividend of CN¥0.20 is 150% higher than last year. Ex-date: 18th June 2025 Payment date: 18th June 2025 Dividend yield will be 1.5%, which is lower than the industry average of 2.8%. Sustainability & Growth Dividend is covered by both earnings (55% earnings payout ratio) and cash flows (40% cash payout ratio). The dividend has increased by an average of 31% per year over the past 7 years. However, payments have been volatile during that time. EPS is expected to grow by 6.0% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Reported Earnings • Apr 30First quarter 2025 earnings released: EPS: CN¥0.081 (vs CN¥0.077 in 1Q 2024)First quarter 2025 results: EPS: CN¥0.081 (up from CN¥0.077 in 1Q 2024). Revenue: CN¥1.78b (down 5.8% from 1Q 2024). Net income: CN¥82.5m (up 5.0% from 1Q 2024). Profit margin: 4.6% (up from 4.2% in 1Q 2024). The increase in margin was driven by lower expenses. Revenue is forecast to grow 7.7% p.a. on average during the next 3 years, compared to a 9.8% growth forecast for the Metals and Mining industry in China. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth.
お知らせ • Apr 22Advanced Technology & Materials Co., Ltd. Approves Cash Dividend for 2024Advanced Technology & Materials Co., Ltd. at its Annual General Meeting held on 18 April 2025 approved cash dividend of CNY 2.00000000 per 10 shares (tax included) for 2024.
Valuation Update With 7 Day Price Move • Apr 08Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to CN¥11.09, the stock trades at a forward P/E ratio of 26x. Average forward P/E is 15x in the Metals and Mining industry in China. Total returns to shareholders of 53% over the past three years.
お知らせ • Mar 31Advanced Technology & Materials Co., Ltd. to Report Q1, 2025 Results on Apr 28, 2025Advanced Technology & Materials Co., Ltd. announced that they will report Q1, 2025 results on Apr 28, 2025
Reported Earnings • Mar 28Full year 2024 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2024 results: EPS: CN¥0.36 (up from CN¥0.24 in FY 2023). Revenue: CN¥7.57b (down 7.5% from FY 2023). Net income: CN¥372.4m (up 49% from FY 2023). Profit margin: 4.9% (up from 3.0% in FY 2023). The increase in margin was driven by lower expenses. Revenue exceeded analyst estimates by 1.9%. Earnings per share (EPS) missed analyst estimates by 10%. Revenue is forecast to grow 7.0% 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 increased by 28% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth.
お知らせ • Mar 28Advanced Technology & Materials Co., Ltd., Annual General Meeting, Apr 18, 2025Advanced Technology & Materials Co., Ltd., Annual General Meeting, Apr 18, 2025, at 14:00 China Standard Time. Location: The Company Headquarters' Meeting Room, Beijing China
分析記事 • Mar 09Calculating The Fair Value Of Advanced Technology & Materials Co., Ltd. (SZSE:000969)Key Insights Advanced Technology & Materials' estimated fair value is CN¥14.66 based on 2 Stage Free Cash Flow to...
分析記事 • Feb 20Earnings Not Telling The Story For Advanced Technology & Materials Co., Ltd. (SZSE:000969)There wouldn't be many who think Advanced Technology & Materials Co., Ltd.'s ( SZSE:000969 ) price-to-earnings (or...
Buy Or Sell Opportunity • Feb 08Now 20% undervaluedOver the last 90 days, the stock has risen 6.7% to CN¥12.14. The fair value is estimated to be CN¥15.23, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.2% over the last 3 years. Earnings per share has grown by 25%. Revenue is forecast to grow by 6.5% in 2 years. Earnings are forecast to grow by 30% in the next 2 years.
お知らせ • Dec 31Advanced Technology & Materials Co., Ltd. to Report Fiscal Year 2024 Results on Mar 28, 2025Advanced Technology & Materials Co., Ltd. announced that they will report fiscal year 2024 results on Mar 28, 2025
Buy Or Sell Opportunity • Nov 28Now 21% undervaluedOver the last 90 days, the stock has risen 40% to CN¥11.76. The fair value is estimated to be CN¥14.85, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.2% over the last 3 years. Earnings per share has grown by 25%. Revenue is forecast to grow by 6.5% in 2 years. Earnings are forecast to grow by 30% in the next 2 years.
分析記事 • Nov 27Returns At Advanced Technology & Materials (SZSE:000969) Are On The Way UpWhat trends should we look for it we want to identify stocks that can multiply in value over the long term? In a...
Valuation Update With 7 Day Price Move • Nov 22Investor sentiment improves as stock rises 22%After last week's 22% share price gain to CN¥13.15, the stock trades at a forward P/E ratio of 32x. Average forward P/E is 15x in the Metals and Mining industry in China. Total returns to shareholders of 21% over the past three years.
Buy Or Sell Opportunity • Nov 12Now 22% undervaluedOver the last 90 days, the stock has risen 40% to CN¥11.63. The fair value is estimated to be CN¥14.84, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.2% over the last 3 years. Earnings per share has grown by 25%. Revenue is forecast to grow by 44% in 2 years. Earnings are forecast to grow by 21% in the next 2 years.
分析記事 • Nov 11Advanced Technology & Materials Co., Ltd. (SZSE:000969) Held Back By Insufficient Growth Even After Shares Climb 30%Despite an already strong run, Advanced Technology & Materials Co., Ltd. ( SZSE:000969 ) shares have been powering on...
Reported Earnings • Oct 30Third quarter 2024 earnings released: EPS: CN¥0.058 (vs CN¥0.037 in 3Q 2023)Third quarter 2024 results: EPS: CN¥0.058 (up from CN¥0.037 in 3Q 2023). Revenue: CN¥1.93b (up 6.2% from 3Q 2023). Net income: CN¥59.6m (up 55% from 3Q 2023). Profit margin: 3.1% (up from 2.1% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 15% p.a. on average during the next 3 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 increased by 25% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.
Buy Or Sell Opportunity • Oct 22Now 24% overvalued after recent price riseOver the last 90 days, the stock has risen 27% to CN¥10.24. The fair value is estimated to be CN¥8.26, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 10% over the last 3 years. Earnings per share has grown by 20%. Revenue is forecast to grow by 42% in 2 years. Earnings are forecast to grow by 19% in the next 2 years.
分析記事 • Oct 11Calculating The Fair Value Of Advanced Technology & Materials Co., Ltd. (SZSE:000969)Key Insights The projected fair value for Advanced Technology & Materials is CN¥8.20 based on 2 Stage Free Cash Flow to...
お知らせ • Sep 30Advanced Technology & Materials Co., Ltd. to Report Q3, 2024 Results on Oct 30, 2024Advanced Technology & Materials Co., Ltd. announced that they will report Q3, 2024 results on Oct 30, 2024
Valuation Update With 7 Day Price Move • Sep 30Investor sentiment improves as stock rises 21%After last week's 21% share price gain to CN¥9.78, the stock trades at a forward P/E ratio of 30x. Average forward P/E is 14x in the Metals and Mining industry in China. Total returns to shareholders of 18% over the past three years.
分析記事 • Sep 25We Think Advanced Technology & Materials (SZSE:000969) Can Manage Its Debt With EaseHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
分析記事 • Sep 05Advanced Technology & Materials (SZSE:000969) Posted Healthy Earnings But There Are Some Other Factors To Be Aware OfDespite posting some strong earnings, the market for Advanced Technology & Materials Co., Ltd.'s ( SZSE:000969 ) stock...
Buy Or Sell Opportunity • Aug 20Now 22% undervalued after recent price dropOver the last 90 days, the stock has fallen 10.0% to CN¥8.10. The fair value is estimated to be CN¥10.32, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Earnings per share has grown by 14%. Revenue is forecast to grow by 37% in 2 years. Earnings are forecast to grow by 65% in the next 2 years.
Buy Or Sell Opportunity • Aug 05Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 8.6% to CN¥8.29. The fair value is estimated to be CN¥10.37, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Earnings per share has grown by 14%. Revenue is forecast to grow by 37% in 2 years. Earnings are forecast to grow by 65% in the next 2 years.
分析記事 • Aug 01Investor Optimism Abounds Advanced Technology & Materials Co., Ltd. (SZSE:000969) But Growth Is LackingAdvanced Technology & Materials Co., Ltd.'s ( SZSE:000969 ) price-to-earnings (or "P/E") ratio of 35.9x might make it...
分析記事 • Jul 14Advanced Technology & Materials' (SZSE:000969) Returns On Capital Are Heading HigherIf you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...
お知らせ • Jul 11Beijing Xu’an Kechuang Technology Co., Ltd. and Ningbo Yuancheng Technology Development Center (Limited Partnership) completed the acquisition of 14% stake in AT&M Environmental Engineering Technology Co., Ltd. from Advanced Technology & Materials Co., Ltd. (SZSE:000969).Beijing Xu’an Kechuang Technology Co., Ltd. and Ningbo Yuancheng Technology Development Center (Limited Partnership) proposed to acquire 14% stake in AT&M Environmental Engineering Technology Co., Ltd. from Advanced Technology & Materials Co., Ltd. (SZSE:000969) for CNY 140 million on November 27, 2023. Beijing Xu’an Kechuang Technology Co., Ltd. will acquire 10% for CNY 100 million and Ningbo Yuancheng Technology Development Center (Limited Partnership) 4% for CNY 40 million. On November 27, 2023, the Company held the 16th Extraordinary Meeting of the 8th Directorate, and approved the auction. On December 19, 2023, the Company held the 2nd Extraordinary Shareholders Meeting of 2023, and approved the auction.Beijing Xu’an Kechuang Technology Co., Ltd. and Ningbo Yuancheng Technology Development Center (Limited Partnership) completed the acquisition of 14% stake in AT&M Environmental Engineering Technology Co., Ltd. from Advanced Technology & Materials Co., Ltd. (SZSE:000969) on July 9, 2024.
お知らせ • Jun 29Advanced Technology & Materials Co., Ltd. to Report First Half, 2024 Results on Aug 30, 2024Advanced Technology & Materials Co., Ltd. announced that they will report first half, 2024 results on Aug 30, 2024
分析記事 • Jun 25Is Advanced Technology & Materials (SZSE:000969) A Risky Investment?Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Board Change • Jun 25High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Independent Director Chunlong Li was the last director to join the board, commencing their role in 2023. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
分析記事 • May 25Estimating The Fair Value Of Advanced Technology & Materials Co., Ltd. (SZSE:000969)Key Insights Using the 2 Stage Free Cash Flow to Equity, Advanced Technology & Materials fair value estimate is CN¥8.71...
お知らせ • Apr 30Advanced Technology & Materials Co., Ltd., Annual General Meeting, May 20, 2024Advanced Technology & Materials Co., Ltd., Annual General Meeting, May 20, 2024, at 14:00 China Standard Time. Location: The Company Headquarters' Meeting Room, Beijing China
Reported Earnings • Apr 29First quarter 2024 earnings released: EPS: CN¥0.077 (vs CN¥0.077 in 1Q 2023)First quarter 2024 results: EPS: CN¥0.077 (in line with 1Q 2023). Revenue: CN¥1.89b (down 11% from 1Q 2023). Net income: CN¥78.7m (flat on 1Q 2023). Profit margin: 4.2% (up from 3.7% in 1Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 13% 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 increased by 14% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.
お知らせ • Mar 30Advanced Technology & Materials Co., Ltd. to Report Q1, 2024 Results on Apr 29, 2024Advanced Technology & Materials Co., Ltd. announced that they will report Q1, 2024 results on Apr 29, 2024
分析記事 • Mar 28Advanced Technology & Materials (SZSE:000969) Is Experiencing Growth In Returns On CapitalTo find a multi-bagger stock, what are the underlying trends we should look for in a business? Amongst other things...
分析記事 • Mar 07Advanced Technology & Materials Co., Ltd. (SZSE:000969) Stocks Shoot Up 31% But Its P/E Still Looks ReasonableThose holding Advanced Technology & Materials Co., Ltd. ( SZSE:000969 ) shares would be relieved that the share price...
Valuation Update With 7 Day Price Move • Feb 05Investor sentiment deteriorates as stock falls 20%After last week's 20% share price decline to CN¥6.27, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 11x in the Metals and Mining industry in China. Total returns to shareholders of 9.7% over the past three years.
お知らせ • Dec 30Advanced Technology & Materials Co., Ltd. to Report Fiscal Year 2023 Results on Apr 29, 2024Advanced Technology & Materials Co., Ltd. announced that they will report fiscal year 2023 results on Apr 29, 2024
Reported Earnings • Nov 01Third quarter 2023 earnings released: EPS: CN¥0.037 (vs CN¥0.028 in 3Q 2022)Third quarter 2023 results: EPS: CN¥0.037 (up from CN¥0.028 in 3Q 2022). Revenue: CN¥1.82b (up 3.0% from 3Q 2022). Net income: CN¥38.4m (up 32% from 3Q 2022). Profit margin: 2.1% (up from 1.6% in 3Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Metals and Mining industry in China. Over the last 3 years on average, earnings per share has increased by 19% per year whereas the company’s share price has increased by 14% per year.
Board Change • Oct 18High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Non-Independent Director Jianxin Tang 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 • Aug 25Second quarter 2023 earnings released: EPS: CN¥0.078 (vs CN¥0.054 in 2Q 2022)Second quarter 2023 results: EPS: CN¥0.078 (up from CN¥0.054 in 2Q 2022). Revenue: CN¥2.12b (up 10% from 2Q 2022). Net income: CN¥80.2m (up 45% from 2Q 2022). Profit margin: 3.8% (up from 2.9% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 21% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Metals and Mining industry in China. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.
お知らせ • May 24Advanced Technology & Materials Co., Ltd. Announces Final Dividend for 2022, Payable on 30 May 2023Advanced Technology & Materials Co., Ltd. announced final cash dividend of CNY 1.20000000 per 10 shares (tax included) for 2022. Record date is 29 May 2023. Ex-date is 30 May 2023. Payment date is 30 May 2023.
Reported Earnings • Apr 14First quarter 2023 earnings released: EPS: CN¥0.075 (vs CN¥0.084 in 1Q 2022)First quarter 2023 results: EPS: CN¥0.075 (down from CN¥0.084 in 1Q 2022). Revenue: CN¥2.11b (up 3.7% from 1Q 2022). Net income: CN¥76.8m (down 11% from 1Q 2022). Profit margin: 3.6% (down from 4.2% in 1Q 2022). 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 17% per year.
Valuation Update With 7 Day Price Move • Dec 14Investor sentiment improved over the past weekAfter last week's 18% share price gain to CN¥9.71, the stock trades at a trailing P/E ratio of 54.1x. Average trailing P/E is 31x in the Metals and Mining industry in China. Total returns to shareholders of 48% over the past three years.
Board Change • Nov 16High number of new directorsThere are 8 new directors who have joined the board in the last 3 years. Non-Independent Director Jianxin Tang 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 • Oct 27Third quarter 2022 earnings released: EPS: CN¥0.028 (vs CN¥0.034 in 3Q 2021)Third quarter 2022 results: EPS: CN¥0.028 (down from CN¥0.034 in 3Q 2021). Revenue: CN¥1.77b (up 4.3% from 3Q 2021). Net income: CN¥29.1m (down 17% from 3Q 2021). Profit margin: 1.6% (down from 2.1% in 3Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Aug 24Second quarter 2022 earnings released: EPS: CN¥0.054 (vs CN¥0.062 in 2Q 2021)Second quarter 2022 results: EPS: CN¥0.054 (down from CN¥0.062 in 2Q 2021). Revenue: CN¥1.92b (up 17% from 2Q 2021). Net income: CN¥55.4m (down 12% from 2Q 2021). Profit margin: 2.9% (down from 3.9% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 52% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth.
お知らせ • Jul 28Advanced Technology & Materials Co., Ltd. Approves Management AppointmentsAdvanced Technology & Materials Co., Ltd. at its Extraordinary General Meeting held on 26 July 2022, approved change and election of Tang Jianxin, Huang Shaji and Xiao Ping as non-independent directors; and change and election of Hu Jie as shareholder supervisor.
Reported Earnings • Apr 27First quarter 2022 earnings: EPS and revenues miss analyst expectationsFirst quarter 2022 results: EPS: CN¥0.084 (up from CN¥0.057 in 1Q 2021). Revenue: CN¥2.03b (up 39% from 1Q 2021). Net income: CN¥86.2m (up 48% from 1Q 2021). Profit margin: 4.2% (up from 4.0% in 1Q 2021). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 100%. Earnings per share (EPS) also missed analyst estimates by 12%. Over the last 3 years on average, earnings per share has increased by 71% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.
Board Change • Apr 27High number of new and inexperienced directorsThere are 7 new directors who have joined the board in the last 3 years. The company's board is composed of: 7 new directors. 5 experienced directors. No highly experienced directors. Independent Director Zhao Nian Liu is the most experienced director on the board, commencing their role in 2015. 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 • Mar 31Advanced Technology & Materials Co., Ltd., Annual General Meeting, Apr 19, 2022Advanced Technology & Materials Co., Ltd., Annual General Meeting, Apr 19, 2022, at 14:00 China Standard Time. Agenda: To consider the 2021 annual report; to consider the 2021 work report of the board of directors; to consider the 2021 annual accounts; to consider the 2021 profit distribution plan; to consider the 2021 provision for assets impairment; to consider the 2022 estimated total amount of continuing operational connected transactions; to consider the 2021 work report of the supervisory committee; to consider the purchase of liability insurance for directors, supervisors and senior management; to consider the shareholder return plan for the next three years from 2021 to 2023; to consider the election of independent directors, cumulative voting system applicable; and to consider the other resolution.
Reported Earnings • Mar 28Full year 2021 earnings: EPS and revenues miss analyst expectationsFull year 2021 results: EPS: CN¥0.17 (up from CN¥0.10 in FY 2020). Revenue: CN¥6.27b (up 26% from FY 2020). Net income: CN¥171.7m (up 66% from FY 2020). Profit margin: 2.7% (up from 2.1% in FY 2020). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 100%. Earnings per share (EPS) also missed analyst estimates by 12%. Over the last 3 years on average, earnings per share has increased by 88% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Nov 25Investor sentiment improved over the past weekAfter last week's 22% share price gain to CN¥11.29, the stock trades at a trailing P/E ratio of 61.7x. Average trailing P/E is 33x in the Metals and Mining industry in China. Total returns to shareholders of 122% over the past three years.
Reported Earnings • Oct 31Third quarter 2021 earnings released: EPS CN¥0.034 (vs CN¥0.021 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: CN¥1.69b (up 35% from 3Q 2020). Net income: CN¥35.2m (up 60% from 3Q 2020). Profit margin: 2.1% (up from 1.7% in 3Q 2020). Over the last 3 years on average, earnings per share has increased by 93% per year but the company’s share price has only increased by 23% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Aug 27Second quarter 2021 earnings released: EPS CN¥0.062 (vs CN¥0.041 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CN¥1.64b (up 28% from 2Q 2020). Net income: CN¥63.2m (up 51% from 2Q 2020). Profit margin: 3.9% (up from 3.3% in 2Q 2020). Over the last 3 years on average, earnings per share has increased by 86% per year but the company’s share price has only increased by 28% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Jul 09Investor sentiment improved over the past weekAfter last week's 19% share price gain to CN¥9.63, the stock trades at a trailing P/E ratio of 64.6x. Average trailing P/E is 28x in the Metals and Mining industry in China. Total returns to shareholders of 57% over the past three years.
お知らせ • Jun 02Advanced Technology & Materials Co., Ltd. Announces Final Dividend for 2020, Payable on June 8, 2021Advanced Technology & Materials Co., Ltd. announced final cash dividend/10 shares (A shares) (tax included) of CNY 0.20000000 for 2020. Record date is 07 June 2021. Ex-date is 08 June 2021. Payment date is 08 June 2021.
Reported Earnings • Apr 16First quarter 2021 earnings released: EPS CN¥0.057 (vs CN¥0.008 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: CN¥1.46b (up 36% from 1Q 2020). Net income: CN¥58.1m (up CN¥49.8m from 1Q 2020). Profit margin: 4.0% (up from 0.8% in 1Q 2020). Over the last 3 years on average, earnings per share has increased by 70% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.
Reported Earnings • Mar 26Full year 2020 earnings released: EPS CN¥0.10 (vs CN¥0.16 in FY 2019)The company reported a soft full year result with weaker earnings and profit margins, although revenues improved. Full year 2020 results: Revenue: CN¥4.98b (up 4.2% from FY 2019). Net income: CN¥103.5m (down 37% from FY 2019). Profit margin: 2.1% (down from 3.4% in FY 2019). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 51% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.
お知らせ • Feb 26Baoding Zhipu Electric Power Technology Co., Ltd. signed the contract to acquire 18% stake in Hebei Tianwei-huarui Electric Co., Ltd. from Advanced Technology & Materials Co., Ltd. (SZSE:000969) for CNY 82 million.Baoding Zhipu Electric Power Technology Co., Ltd. signed the contract to acquire 18% stake in Hebei Tianwei-huarui Electric Co., Ltd. from Advanced Technology & Materials Co., Ltd. (SZSE:000969) for CNY 82 million on February 4, 2021. Under the terms, within 15 working days after the full transaction price has been paid Advanced Technology & Materials Co., Ltd. shall urge the target company to go through the equity change registration. On February 7, 2021, the company received the Enterprise State-owned Assets Transaction Certificate. February 10, 2021, it received the entire price of the above equity transaction remitted by China Beijing Equity Exchange Co., Ltd. After the transaction Advanced Technology & Materials will not hold any stake in Hebei Tianwei-huarui Electric Co., Ltd. The transaction is approved by the Board of Directors of Advanced Technology & Materials.
お知らせ • Feb 20Advanced Technology & Materials Co., Ltd. to Report Fiscal Year 2020 Results on Mar 26, 2021Advanced Technology & Materials Co., Ltd. announced that they will report fiscal year 2020 results on Mar 26, 2021
Is New 90 Day High Low • Jan 18New 90-day high: CN¥7.43The company is up 6.0% from its price of CN¥7.02 on 20 October 2020. The Chinese market is up 7.0% 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.
Is New 90 Day High Low • Nov 24New 90-day high: CN¥7.42The company is up 7.0% from its price of CN¥6.95 on 26 August 2020. The Chinese market is flat over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Metals and Mining industry, which is up 8.0% over the same period.
Reported Earnings • Nov 01Third quarter earnings releasedOver the last 12 months the company has reported total profits of CN¥124.1m, with earnings increasing by CN¥146.4m from the prior year. Total revenue was CN¥4.77b over the last 12 months, down 1.5% from the prior year.
Is New 90 Day High Low • Oct 29New 90-day low: CN¥6.55The company is down 11% from its price of CN¥7.39 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.
お知らせ • Sep 30Advanced Technology & Materials Co., Ltd. Elects Yang Songling as an Independent DirectorAdvanced Technology & Materials Co., Ltd. at its EGM held on September 28, 2020 approved election of Yang Songling as an independent director.
お知らせ • Aug 14Advanced Technology & Materials Co., Ltd. to Report First Half, 2020 Results on Aug 31, 2020Advanced Technology & Materials Co., Ltd. announced that they will report first half, 2020 results on Aug 31, 2020