Longxing Technology Group（002442）株式概要龍興科技集団有限公司は、龍興ブランドのカーボンブラック製品を中国で生産・販売している。 詳細002442 ファンダメンタル分析スノーフレーク・スコア評価0/6将来の成長0/6過去の実績0/6財務の健全性2/6配当金0/6リスク分析過去5年間で収益は年間14.6%減少しました。 利払いは収益で十分にカバーされない 財務結果に影響を与える大きな一時的項目 利益率(0.5%)は昨年より低い(3.3%) +1 さらなるリスクすべてのリスクチェックを見る002442 Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.Your Fair ValueCN¥Current PriceCN¥5.399.6% 割高 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture-97m6b2016201920222025202620282031Revenue CN¥5.8bEarnings CN¥26.8mAdvancedSet Fair ValueView all narrativesLongxing Technology Group Co., Ltd. 競合他社Ningbo Lian TechnologyLtdSymbol: SZSE:300784Market cap: CN¥2.4bElite Color Environmental Resources Science & TechnologySymbol: SZSE:002998Market cap: CN¥2.6bJiangsu Aoyang Health IndustryltdSymbol: SZSE:002172Market cap: CN¥2.4bFujian Green PineSymbol: SZSE:300132Market cap: CN¥3.2b価格と性能株価の高値、安値、推移の概要Longxing Technology Group過去の株価現在の株価CN¥5.3952週高値CN¥8.9252週安値CN¥5.14ベータ0.381ヶ月の変化-15.38%3ヶ月変化-19.19%1年変化-12.64%3年間の変化11.13%5年間の変化-12.64%IPOからの変化-14.39%最新ニュースNew Risk • May 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 8.3% 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 Risks Interest payments are not well covered by earnings (1.4x net interest cover). Earnings have declined by 15% per year over the past 5 years. Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (8.3% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.5% net profit margin).New Risk • May 01New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 39% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.4x net interest cover). Earnings have declined by 15% per year over the past 5 years. Minor Risks Paying a dividend despite having no free cash flows. Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.5% net profit margin).New Risk • Apr 29New major risk - Revenue and earnings growthEarnings have declined by 8.3% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.7x net interest cover). Earnings have declined by 8.3% per year over the past 5 years. Minor Risks Dividend is not well covered by cash flows (133% cash payout ratio). Profit margins are more than 30% lower than last year (0.9% net profit margin).お知らせ • Apr 29Longxing Technology Group Co., Ltd., Annual General Meeting, May 21, 2026Longxing Technology Group Co., Ltd., Annual General Meeting, May 21, 2026, at 14:00 China Standard Time. Location: The Company's Meeting Room, Shahe, Hebei Chinaお知らせ • Mar 31Longxing Technology Group Co., Ltd. to Report Q1, 2026 Results on Apr 30, 2026Longxing Technology Group Co., Ltd. announced that they will report Q1, 2026 results on Apr 30, 2026Valuation Update With 7 Day Price Move • Mar 20Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to CN¥5.73, the stock trades at a trailing P/E ratio of 31.7x. Average trailing P/E is 47x in the Chemicals industry in China. Total returns to shareholders of 13% over the past three years.最新情報をもっと見るRecent updatesNew Risk • May 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 8.3% 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 Risks Interest payments are not well covered by earnings (1.4x net interest cover). Earnings have declined by 15% per year over the past 5 years. Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (8.3% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.5% net profit margin).New Risk • May 01New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 39% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.4x net interest cover). Earnings have declined by 15% per year over the past 5 years. Minor Risks Paying a dividend despite having no free cash flows. Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.5% net profit margin).New Risk • Apr 29New major risk - Revenue and earnings growthEarnings have declined by 8.3% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.7x net interest cover). Earnings have declined by 8.3% per year over the past 5 years. Minor Risks Dividend is not well covered by cash flows (133% cash payout ratio). Profit margins are more than 30% lower than last year (0.9% net profit margin).お知らせ • Apr 29Longxing Technology Group Co., Ltd., Annual General Meeting, May 21, 2026Longxing Technology Group Co., Ltd., Annual General Meeting, May 21, 2026, at 14:00 China Standard Time. Location: The Company's Meeting Room, Shahe, Hebei Chinaお知らせ • Mar 31Longxing Technology Group Co., Ltd. to Report Q1, 2026 Results on Apr 30, 2026Longxing Technology Group Co., Ltd. announced that they will report Q1, 2026 results on Apr 30, 2026Valuation Update With 7 Day Price Move • Mar 20Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to CN¥5.73, the stock trades at a trailing P/E ratio of 31.7x. Average trailing P/E is 47x in the Chemicals industry in China. Total returns to shareholders of 13% over the past three years.お知らせ • Dec 31Longxing Technology Group Co., Ltd. to Report Fiscal Year 2025 Results on Apr 29, 2026Longxing Technology Group Co., Ltd. announced that they will report fiscal year 2025 results on Apr 29, 2026Reported Earnings • Oct 31Third quarter 2025 earnings released: EPS: CN¥0.026 (vs CN¥0.10 in 3Q 2024)Third quarter 2025 results: EPS: CN¥0.026 (down from CN¥0.10 in 3Q 2024). Revenue: CN¥1.12b (up 2.9% from 3Q 2024). Net income: CN¥12.7m (down 75% from 3Q 2024). Profit margin: 1.1% (down from 4.6% in 3Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 3% per year and the company’s share price has also increased by 3% per year.お知らせ • Sep 30Longxing Technology Group Co., Ltd. to Report Q3, 2025 Results on Oct 31, 2025Longxing Technology Group Co., Ltd. announced that they will report Q3, 2025 results on Oct 31, 2025お知らせ • Jul 02Longxing Technology Group Co., Ltd. to Report First Half, 2025 Results on Aug 30, 2025Longxing Technology Group Co., Ltd. announced that they will report first half, 2025 results on Aug 30, 2025Declared Dividend • Jun 06Dividend of CN¥0.12 announcedDividend of CN¥0.12 is the same as last year. Ex-date: 10th June 2025 Payment date: 10th June 2025 Dividend yield will be 1.9%, which is lower than the industry average of 2.6%. Sustainability & Growth Dividend is covered by earnings (41% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 3.1% per year over the past 6 years. However, payments have been volatile during that time. Earnings per share has grown by 49% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.Valuation Update With 7 Day Price Move • Apr 09Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to CN¥5.47, the stock trades at a trailing P/E ratio of 19.4x. Average trailing P/E is 33x in the Chemicals industry in China. Total loss to shareholders of 1.8% over the past three years.お知らせ • Apr 04Longxing Technology Group Co., Ltd. Proposes Final Cash Distribution for 2024Longxing Technology Group Co., Ltd. announced on 02 April 2025 the profit distribution proposal for 2024 as follows: Cash dividend/10 shares (tax included): CNY1.20000000.Reported Earnings • Apr 02Full year 2024 earnings released: EPS: CN¥0.29 (vs CN¥0.23 in FY 2023)Full year 2024 results: EPS: CN¥0.29 (up from CN¥0.23 in FY 2023). Revenue: CN¥4.36b (up 1.9% from FY 2023). Net income: CN¥142.1m (up 29% from FY 2023). Profit margin: 3.3% (up from 2.6% in FY 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 1% per year whereas the company’s share price has increased by 2% per year.お知らせ • Apr 02Longxing Technology Group Co., Ltd., Annual General Meeting, Apr 23, 2025Longxing Technology Group Co., Ltd., Annual General Meeting, Apr 23, 2025, at 14:00 China Standard Time. Location: The Company's Meeting Room, Shahe, Hebei Chinaお知らせ • Mar 31Longxing Technology Group Co., Ltd. to Report Q1, 2025 Results on Apr 29, 2025Longxing Technology Group Co., Ltd. announced that they will report Q1, 2025 results on Apr 29, 2025分析記事 • Mar 25Longxing Technology Group Co., Ltd.'s (SZSE:002442) Shares Bounce 25% But Its Business Still Trails The MarketDespite an already strong run, Longxing Technology Group Co., Ltd. ( SZSE:002442 ) shares have been powering on, with a...分析記事 • Jan 01Be Wary Of Longxing Chemical Stock (SZSE:002442) And Its Returns On CapitalDid you know there are some financial metrics that can provide clues of a potential multi-bagger? Typically, we'll want...お知らせ • Dec 31Longxing Chemical Stock Co., Ltd. to Report Fiscal Year 2024 Results on Apr 02, 2025Longxing Chemical Stock Co., Ltd. announced that they will report fiscal year 2024 results on Apr 02, 2025お知らせ • Nov 21Longxing Chemical Stock Co., Ltd. (SZSE:002442) signed an equity acquisition framework agreement to acquire CSRC China (Chongqing) Corporation from Csrc (Singapore) Pte Ltd.Longxing Chemical Stock Co., Ltd. (SZSE:002442) signed an equity acquisition framework agreement to acquire CSRC China (Chongqing) Corporation from Csrc (Singapore) Pte Ltd on November 20, 2024. Upon completion of the conditions stipulated in the equity acquisition framework agreement, CSRC (Singapore) Pte Ltd and Longxing Chemical Stock Co., Ltd. will negotiate and sign a formal share purchase agreement. If this transaction has not obtained approvals, record filings, authorizations, or permissions from the competent authorities of mainland China within a specified period (if applicable), the equity acquisition framework agreement will be automatically terminated.Reported Earnings • Oct 28Third quarter 2024 earnings released: EPS: CN¥0.10 (vs CN¥0.098 in 3Q 2023)Third quarter 2024 results: EPS: CN¥0.10 (up from CN¥0.098 in 3Q 2023). Revenue: CN¥1.09b (up 4.5% from 3Q 2023). Net income: CN¥49.6m (up 5.1% from 3Q 2023). Profit margin: 4.6% (up from 4.5% in 3Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 13% per year whereas the company’s share price has fallen by 8% per year.Valuation Update With 7 Day Price Move • Sep 30Investor sentiment improves as stock rises 19%After last week's 19% share price gain to CN¥4.79, the stock trades at a trailing P/E ratio of 20.7x. Average trailing P/E is 30x in the Chemicals industry in China. Total loss to shareholders of 30% over the past three years.お知らせ • Sep 30Longxing Chemical Stock Co., Ltd. to Report Q3, 2024 Results on Oct 28, 2024Longxing Chemical Stock Co., Ltd. announced that they will report Q3, 2024 results on Oct 28, 2024分析記事 • Sep 30Longxing Chemical Stock Co., Ltd.'s (SZSE:002442) Prospects Need A Boost To Lift SharesWhen close to half the companies in China have price-to-earnings ratios (or "P/E's") above 30x, you may consider...New Risk • Sep 07New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.5% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (15% operating cash flow to total debt). Minor Risks Paying a dividend despite having no free cash flows. Shareholders have been diluted in the past year (2.5% increase in shares outstanding).Reported Earnings • Aug 16Second quarter 2024 earnings released: EPS: CN¥0.073 (vs CN¥0.091 in 2Q 2023)Second quarter 2024 results: EPS: CN¥0.073 (down from CN¥0.091 in 2Q 2023). Revenue: CN¥1.03b (flat on 2Q 2023). Net income: CN¥35.3m (down 20% from 2Q 2023). Profit margin: 3.4% (down from 4.2% in 2Q 2023). Over the last 3 years on average, earnings per share has fallen by 19% per year whereas the company’s share price has fallen by 18% per year.お知らせ • Jun 29Longxing Chemical Stock Co., Ltd. to Report First Half, 2024 Results on Aug 29, 2024Longxing Chemical Stock Co., Ltd. announced that they will report first half, 2024 results on Aug 29, 2024分析記事 • May 06Why Longxing Chemical Stock's (SZSE:002442) Earnings Are Better Than They SeemLongxing Chemical Stock Co., Ltd.'s ( SZSE:002442 ) solid earnings announcement recently didn't do much to the stock...お知らせ • May 02Longxing Chemical Stock Co., Ltd. Proposes Final Dividend for 2023Longxing Chemical Stock Co., Ltd. announced on 30 April 2024 the profit distribution proposal for 2023 as follows: Cash dividend/10 shares (tax included): CNY 1.20000000.お知らせ • May 01Longxing Chemical Stock Co., Ltd., Annual General Meeting, May 21, 2024Longxing Chemical Stock Co., Ltd., Annual General Meeting, May 21, 2024, at 14:00 China Standard Time. Location: The Company's Meeting Room, Shahe, Hebei China分析記事 • Apr 30Capital Allocation Trends At Longxing Chemical Stock (SZSE:002442) Aren't IdealDid you know there are some financial metrics that can provide clues of a potential multi-bagger? In a perfect world...Reported Earnings • Apr 30First quarter 2024 earnings released: EPS: CN¥0.056 (vs CN¥0.026 in 1Q 2023)First quarter 2024 results: EPS: CN¥0.056 (up from CN¥0.026 in 1Q 2023). Revenue: CN¥1.00b (down 11% from 1Q 2023). Net income: CN¥27.2m (up 114% from 1Q 2023). Profit margin: 2.7% (up from 1.1% in 1Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings.Valuation Update With 7 Day Price Move • Apr 16Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to CN¥4.14, the stock trades at a trailing P/E ratio of 17.9x. Average trailing P/E is 28x in the Chemicals industry in China. Total loss to shareholders of 23% over the past three years.お知らせ • Mar 30Longxing Chemical Stock Co., Ltd. to Report Q1, 2024 Results on Apr 30, 2024Longxing Chemical Stock Co., Ltd. announced that they will report Q1, 2024 results on Apr 30, 2024分析記事 • Mar 08A Piece Of The Puzzle Missing From Longxing Chemical Stock Co., Ltd.'s (SZSE:002442) 27% Share Price ClimbThose holding Longxing Chemical Stock Co., Ltd. ( SZSE:002442 ) shares would be relieved that the share price has...Valuation Update With 7 Day Price Move • Feb 01Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to CN¥4.38, the stock trades at a trailing P/E ratio of 18.9x. Average trailing P/E is 28x in the Chemicals industry in China. Total returns to shareholders of 13% over the past three years.Board Change • Jan 18High number of new directorsThere are 6 new directors who have joined the board in the last 3 years. Non-Independent Director Yuping Peng 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.Valuation Update With 7 Day Price Move • Jan 10Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to CN¥5.74, the stock trades at a trailing P/E ratio of 24.8x. Average trailing P/E is 35x in the Chemicals industry in China. Total returns to shareholders of 53% over the past three years.お知らせ • Dec 30Longxing Chemical Stock Co., Ltd. to Report Fiscal Year 2023 Results on Apr 30, 2024Longxing Chemical Stock Co., Ltd. announced that they will report fiscal year 2023 results on Apr 30, 2024Valuation Update With 7 Day Price Move • Dec 26Investor sentiment improves as stock rises 21%After last week's 21% share price gain to CN¥6.68, the stock trades at a trailing P/E ratio of 28.8x. Average trailing P/E is 35x in the Chemicals industry in China. Total returns to shareholders of 56% over the past three years.お知らせ • Dec 22Longxing Chemical Stock Co., Ltd. Announces Board AppointmentsLongxing Chemical Stock Co., Ltd. at its Extraordinary General Meeting of 2023 held on 20 December 2023, approved election of Yang Jin, Qiao Xixue, Ma Weifeng and Peng Yuping as non-independent directors and election of Liu Pengfei as independent director.Reported Earnings • Nov 01Third quarter 2023 earnings released: EPS: CN¥0.098 (vs CN¥0.073 in 3Q 2022)Third quarter 2023 results: EPS: CN¥0.098 (up from CN¥0.073 in 3Q 2022). Revenue: CN¥1.04b (down 13% from 3Q 2022). Net income: CN¥47.2m (up 36% from 3Q 2022). Profit margin: 4.5% (up from 2.9% in 3Q 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 8% per year, which means it is well ahead of earnings.New Risk • Aug 23New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 22% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.8x net interest cover). High level of non-cash earnings (22% accrual ratio).Reported Earnings • Aug 19Second quarter 2023 earnings released: EPS: CN¥0.091 (vs CN¥0.096 in 2Q 2022)Second quarter 2023 results: EPS: CN¥0.091 (down from CN¥0.096 in 2Q 2022). Revenue: CN¥1.04b (down 13% from 2Q 2022). Net income: CN¥43.9m (down 7.8% from 2Q 2022). Profit margin: 4.2% (up from 4.0% in 2Q 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.Reported Earnings • Apr 18Full year 2022 earnings released: EPS: CN¥0.21 (vs CN¥0.36 in FY 2021)Full year 2022 results: EPS: CN¥0.21 (down from CN¥0.36 in FY 2021). Revenue: CN¥4.56b (up 33% from FY 2021). Net income: CN¥103.7m (down 40% from FY 2021). Profit margin: 2.3% (down from 5.0% in FY 2021). Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.Board Change • Nov 16Less than half of directors are independentThere are 6 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: 6 new directors. 2 experienced directors. 2 highly experienced directors. 2 independent directors (5 non-independent directors). Chairman of the Supervisory Board Hegang Hou is the most experienced director on the board, commencing their role in 2008. Independent Director Liming Yan 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 31Third quarter 2022 earnings released: EPS: CN¥0.073 (vs CN¥0.04 in 3Q 2021)Third quarter 2022 results: EPS: CN¥0.073 (up from CN¥0.04 in 3Q 2021). Revenue: CN¥1.20b (up 48% from 3Q 2021). Net income: CN¥34.8m (up 83% from 3Q 2021). Profit margin: 2.9% (up from 2.4% in 3Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 48% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Sep 07Investor sentiment improved over the past weekAfter last week's 26% share price gain to CN¥6.86, the stock trades at a trailing P/E ratio of 31.3x. Average trailing P/E is 29x in the Chemicals industry in China. Total returns to shareholders of 26% over the past three years.Reported Earnings • Sep 02Second quarter 2022 earnings released: EPS: CN¥0.096 (vs CN¥0.09 in 2Q 2021)Second quarter 2022 results: EPS: CN¥0.096 (up from CN¥0.09 in 2Q 2021). Revenue: CN¥1.20b (up 40% from 2Q 2021). Net income: CN¥47.7m (up 10% from 2Q 2021). Profit margin: 4.0% (down from 5.0% 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 48% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.Buying Opportunity • Aug 31Now 20% undervaluedOver the last 90 days, the stock is up 3.2%. The fair value is estimated to be CN¥6.85, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.3% over the last 3 years. Earnings per share has grown by 45%.Buying Opportunity • Jun 29Now 22% undervalued after recent price dropOver the last 90 days, the stock is down 10%. The fair value is estimated to be CN¥7.01, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.3% over the last 3 years. Earnings per share has grown by 45%.お知らせ • Jun 17Longxing Chemical Stock Co., Ltd. Announces Final Dividend on A Shares for the Year 2021, Payable on June 22, 2022Longxing Chemical Stock Co., Ltd. announced final cash dividend/10 shares (tax included) of CNY 1.00000000 on A shares for the year 2021. Record date is June 21, 2022. Ex-date is June 22, 2022. Payment date is June 22, 2022.お知らせ • May 12Longxing Chemical Stock Co., Ltd. Approves Cash Dividend for the Year 2021Longxing Chemical Stock Co., Ltd. announced held its Annual General Meeting of 2021 on 06 May 2022, approved Cash dividend/10 shares (tax included): CNY 1.00000000 for the year 2021.お知らせ • Apr 27Longxing Chemical Stock Co., Ltd. announced that it expects to receive CNY 1.6036566 billion in fundingLongxing Chemical Stock Co., Ltd. announced that it has entered into a share subscription agreement for a private placement of not more than 147,246,000 A shares for gross proceeds of not more than CNY 1,603,656,600 on April 25, 2022. The transaction included participation from not more than 35, including Liu Pengda, who will subscribe to 5,000,000-10,000,000 shares. The shares Liu Pengda subscribes to cannot be transferred within 18 months from the closing of the transaction. The shares the other investors subscribe to cannot be transferred within 6 months from the closing of the transaction. The transaction has been approved in the 3rd extraordinary meeting of 2022 of the company’s 5th directorate, and is subject to the approvals of the company’s shareholders and the China Securities Regulatory Commission. The issue price shall not be less than 80% of the average price in the 20 trading days before the pricing reference date.Board Change • Apr 27High number of new directorsThere are 7 new directors who have joined the board in the last 3 years. Independent Director Liming Yan was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.お知らせ • Apr 16+ 1 more updateLongxing Chemical Stock Co., Ltd. Proposes Final Cash Dividend for 2021Longxing Chemical Stock Co., Ltd. proposed final cash dividend/10 shares (tax included): CNY 1.00000000 for 2021.Reported Earnings • Apr 16Full year 2021 earnings released: EPS: CN¥0.36 (vs CN¥0.16 in FY 2020)Full year 2021 results: EPS: CN¥0.36 (up from CN¥0.16 in FY 2020). Revenue: CN¥3.44b (up 50% from FY 2020). Net income: CN¥171.6m (up 122% from FY 2020). Profit margin: 5.0% (up from 3.4% in FY 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings.Reported Earnings • Nov 01Third quarter 2021 earnings released: EPS CN¥0.04 (vs CN¥0.039 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¥809.1m (up 32% from 3Q 2020). Net income: CN¥19.0m (up 2.5% from 3Q 2020). Profit margin: 2.4% (down from 3.0% 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 29% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings.Valuation Update With 7 Day Price Move • Sep 27Investor sentiment deteriorated over the past weekAfter last week's 22% share price decline to CN¥7.43, the stock trades at a trailing P/E ratio of 18.4x. Average trailing P/E is 34x in the Chemicals industry in China. Total loss to shareholders of 31% over the past three years.Reported Earnings • Aug 27Second quarter 2021 earnings released: EPS CN¥0.09 (vs CN¥0.003 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CN¥858.0m (up 73% from 2Q 2020). Net income: CN¥43.2m (up CN¥41.9m from 2Q 2020). Profit margin: 5.0% (up from 0.3% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.Valuation Update With 7 Day Price Move • Aug 12Investor sentiment improved over the past weekAfter last week's 15% share price gain to CN¥8.79, the stock trades at a trailing P/E ratio of 27x. Average trailing P/E is 31x in the Chemicals industry in China. Total loss to shareholders of 18% over the past three years.Valuation Update With 7 Day Price Move • Jul 07Investor sentiment improved over the past weekAfter last week's 26% share price gain to CN¥7.84, the stock trades at a trailing P/E ratio of 24.1x. Average trailing P/E is 29x in the Chemicals industry in China. Total loss to shareholders of 28% over the past three years.Valuation Update With 7 Day Price Move • May 12Investor sentiment improved over the past weekAfter last week's 17% share price gain to CN¥6.38, the stock trades at a trailing P/E ratio of 19.6x. Average trailing P/E is 28x in the Chemicals industry in China. Total loss to shareholders of 43% over the past three years.Reported Earnings • Apr 11Full year 2020 earnings released: EPS CN¥0.16 (vs CN¥0.04 in FY 2019)The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: CN¥2.30b (down 18% from FY 2019). Net income: CN¥77.5m (up 303% from FY 2019). Profit margin: 3.4% (up from 0.7% in FY 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 28% per year whereas the company’s share price has fallen by 24% per year.お知らせ • Mar 09Longxing Chemical Stock Co., Ltd. to Report Fiscal Year 2020 Results on Apr 20, 2021Longxing Chemical Stock Co., Ltd. announced that they will report fiscal year 2020 results on Apr 20, 2021Is New 90 Day High Low • Feb 24New 90-day high: CN¥5.13The company is up 3.0% from its price of CN¥5.00 on 26 November 2020. The Chinese market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 20% over the same period.Is New 90 Day High Low • Jan 11New 90-day low: CN¥3.97The company is down 8.0% from its price of CN¥4.32 on 13 October 2020. The Chinese market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 12% over the same period.お知らせ • Dec 02Longxing Chemical Stock Co., Ltd. Announces Executive AppointmentsLongxing Chemical Stock Co., Ltd. announced at the EGM held on November 30, 2020, the shareholders approved Liu Pengda, Li Ying, Ma Baoliang and Bian Tongle as non-independent directors and the board approved Cheng Hua, Zhou Jie and Wang Yong as independent directors, and the board approved Hou Hegang and Huo Lijun as supervisors.Is New 90 Day High Low • Nov 23New 90-day high: CN¥5.23The company is up 7.0% from its price of CN¥4.88 on 25 August 2020. The Chinese market is down 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Chemicals industry, which is up 6.0% over the same period.Is New 90 Day High Low • Oct 30New 90-day low: CN¥3.98The company is down 13% from its price of CN¥4.60 on 31 July 2020. The Chinese market is down 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 2.0% over the same period.Reported Earnings • Oct 28Third quarter earnings releasedOver the last 12 months the company has reported total profits of CN¥16.3m, down 72% from the prior year. Total revenue was CN¥2.25b over the last 12 months, down 23% from the prior year.お知らせ • Oct 20Longxing Chemical Stock Co., Ltd. to Report Q3, 2020 Results on Oct 28, 2020Longxing Chemical Stock Co., Ltd. announced that they will report Q3, 2020 results on Oct 28, 2020お知らせ • Jul 25Longxing Chemical Stock Co., Ltd. to Report First Half, 2020 Results on Aug 21, 2020Longxing Chemical Stock Co., Ltd. announced that they will report first half, 2020 results on Aug 21, 2020株主還元002442CN ChemicalsCN 市場7D-4.3%-0.4%-2.1%1Y-12.6%53.1%28.0%株主還元を見る業界別リターン: 002442過去 1 年間で53.1 % の収益を上げたCN Chemicals業界を下回りました。リターン対市場: 002442は、過去 1 年間で28 % のリターンを上げたCN市場を下回りました。価格変動Is 002442's price volatile compared to industry and market?002442 volatility002442 Average Weekly Movement9.4%Chemicals Industry Average Movement7.0%Market Average Movement6.6%10% most volatile stocks in CN Market10.4%10% least volatile stocks in CN Market4.2%安定した株価: 002442の株価は、 CN市場と比較して過去 3 か月間で変動しています。時間の経過による変動: 002442の weekly volatility ( 9% ) は過去 1 年間安定していますが、依然としてCNの株式の 75% よりも高くなっています。会社概要設立従業員CEO（最高経営責任者ウェブサイト19941,809Liang Weiwww.hb-lx.com.cn龍興科技集団有限公司は、龍興ブランドのカーボンブラック製品を中国で生産・販売している。同社はカーボンブラック、ホワイトカーボンブラック、シリカ、コールタール製品を提供している。同社のカーボンブラックは、スチールおよびセミスチール製ラジアルタイヤとインナーチューブの製造に使用され、ドアや窓のシーリングストリップ、オイルパイプ、ショックアブソーバー、ブレーキパッド、その他の自動車部品、ゴム、建築材料、電子機器、紙、プラスチック、カラーマスターバッチ、塗料、燃料、化学繊維、繊維の着色、インク、ウォッシュペイント、製紙に使用されている。同社のホワイトカーボンブラックはタイヤや製品産業で補強や充填に使用され、飼料用シリカは飼料添加物産業で担体、滑沢剤、固結防止剤として使用されている。また、エネルギー事業も行っている。同社は以前は龍興化工株式有限公司として知られていたが、2025年1月に龍興科技集団有限公司に社名を変更した。龍興科技集団有限公司は1994年に設立され、中国の沙河に本社を置いている。もっと見るLongxing Technology Group Co., Ltd. 基礎のまとめLongxing Technology Group の収益と売上を時価総額と比較するとどうか。002442 基礎統計学時価総額CN¥2.71b収益（TTM）CN¥19.82m売上高(TTM)CN¥4.27b136.9xPER（株価収益率0.6xP/Sレシオ002442 は割高か？公正価値と評価分析を参照収益と収入最新の決算報告書（TTM）に基づく主な収益性統計002442 損益計算書（TTM）収益CN¥4.27b売上原価CN¥3.97b売上総利益CN¥296.47mその他の費用CN¥276.65m収益CN¥19.82m直近の収益報告Mar 31, 2026次回決算日該当なし一株当たり利益（EPS）0.039グロス・マージン6.94%純利益率0.46%有利子負債／自己資本比率122.8%002442 の長期的なパフォーマンスは？過去の実績と比較を見るView Valuation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2026/06/09 05:48終値2026/06/09 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Longxing Technology Group Co., Ltd. 0 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。1 アナリスト機関Tao WeiGoldman Sachs
New Risk • May 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 8.3% 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 Risks Interest payments are not well covered by earnings (1.4x net interest cover). Earnings have declined by 15% per year over the past 5 years. Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (8.3% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.5% net profit margin).
New Risk • May 01New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 39% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.4x net interest cover). Earnings have declined by 15% per year over the past 5 years. Minor Risks Paying a dividend despite having no free cash flows. Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.5% net profit margin).
New Risk • Apr 29New major risk - Revenue and earnings growthEarnings have declined by 8.3% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.7x net interest cover). Earnings have declined by 8.3% per year over the past 5 years. Minor Risks Dividend is not well covered by cash flows (133% cash payout ratio). Profit margins are more than 30% lower than last year (0.9% net profit margin).
お知らせ • Apr 29Longxing Technology Group Co., Ltd., Annual General Meeting, May 21, 2026Longxing Technology Group Co., Ltd., Annual General Meeting, May 21, 2026, at 14:00 China Standard Time. Location: The Company's Meeting Room, Shahe, Hebei China
お知らせ • Mar 31Longxing Technology Group Co., Ltd. to Report Q1, 2026 Results on Apr 30, 2026Longxing Technology Group Co., Ltd. announced that they will report Q1, 2026 results on Apr 30, 2026
Valuation Update With 7 Day Price Move • Mar 20Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to CN¥5.73, the stock trades at a trailing P/E ratio of 31.7x. Average trailing P/E is 47x in the Chemicals industry in China. Total returns to shareholders of 13% over the past three years.
New Risk • May 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 8.3% 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 Risks Interest payments are not well covered by earnings (1.4x net interest cover). Earnings have declined by 15% per year over the past 5 years. Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (8.3% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.5% net profit margin).
New Risk • May 01New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 39% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.4x net interest cover). Earnings have declined by 15% per year over the past 5 years. Minor Risks Paying a dividend despite having no free cash flows. Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.5% net profit margin).
New Risk • Apr 29New major risk - Revenue and earnings growthEarnings have declined by 8.3% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.7x net interest cover). Earnings have declined by 8.3% per year over the past 5 years. Minor Risks Dividend is not well covered by cash flows (133% cash payout ratio). Profit margins are more than 30% lower than last year (0.9% net profit margin).
お知らせ • Apr 29Longxing Technology Group Co., Ltd., Annual General Meeting, May 21, 2026Longxing Technology Group Co., Ltd., Annual General Meeting, May 21, 2026, at 14:00 China Standard Time. Location: The Company's Meeting Room, Shahe, Hebei China
お知らせ • Mar 31Longxing Technology Group Co., Ltd. to Report Q1, 2026 Results on Apr 30, 2026Longxing Technology Group Co., Ltd. announced that they will report Q1, 2026 results on Apr 30, 2026
Valuation Update With 7 Day Price Move • Mar 20Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to CN¥5.73, the stock trades at a trailing P/E ratio of 31.7x. Average trailing P/E is 47x in the Chemicals industry in China. Total returns to shareholders of 13% over the past three years.
お知らせ • Dec 31Longxing Technology Group Co., Ltd. to Report Fiscal Year 2025 Results on Apr 29, 2026Longxing Technology Group Co., Ltd. announced that they will report fiscal year 2025 results on Apr 29, 2026
Reported Earnings • Oct 31Third quarter 2025 earnings released: EPS: CN¥0.026 (vs CN¥0.10 in 3Q 2024)Third quarter 2025 results: EPS: CN¥0.026 (down from CN¥0.10 in 3Q 2024). Revenue: CN¥1.12b (up 2.9% from 3Q 2024). Net income: CN¥12.7m (down 75% from 3Q 2024). Profit margin: 1.1% (down from 4.6% in 3Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 3% per year and the company’s share price has also increased by 3% per year.
お知らせ • Sep 30Longxing Technology Group Co., Ltd. to Report Q3, 2025 Results on Oct 31, 2025Longxing Technology Group Co., Ltd. announced that they will report Q3, 2025 results on Oct 31, 2025
お知らせ • Jul 02Longxing Technology Group Co., Ltd. to Report First Half, 2025 Results on Aug 30, 2025Longxing Technology Group Co., Ltd. announced that they will report first half, 2025 results on Aug 30, 2025
Declared Dividend • Jun 06Dividend of CN¥0.12 announcedDividend of CN¥0.12 is the same as last year. Ex-date: 10th June 2025 Payment date: 10th June 2025 Dividend yield will be 1.9%, which is lower than the industry average of 2.6%. Sustainability & Growth Dividend is covered by earnings (41% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 3.1% per year over the past 6 years. However, payments have been volatile during that time. Earnings per share has grown by 49% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
Valuation Update With 7 Day Price Move • Apr 09Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to CN¥5.47, the stock trades at a trailing P/E ratio of 19.4x. Average trailing P/E is 33x in the Chemicals industry in China. Total loss to shareholders of 1.8% over the past three years.
お知らせ • Apr 04Longxing Technology Group Co., Ltd. Proposes Final Cash Distribution for 2024Longxing Technology Group Co., Ltd. announced on 02 April 2025 the profit distribution proposal for 2024 as follows: Cash dividend/10 shares (tax included): CNY1.20000000.
Reported Earnings • Apr 02Full year 2024 earnings released: EPS: CN¥0.29 (vs CN¥0.23 in FY 2023)Full year 2024 results: EPS: CN¥0.29 (up from CN¥0.23 in FY 2023). Revenue: CN¥4.36b (up 1.9% from FY 2023). Net income: CN¥142.1m (up 29% from FY 2023). Profit margin: 3.3% (up from 2.6% in FY 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 1% per year whereas the company’s share price has increased by 2% per year.
お知らせ • Apr 02Longxing Technology Group Co., Ltd., Annual General Meeting, Apr 23, 2025Longxing Technology Group Co., Ltd., Annual General Meeting, Apr 23, 2025, at 14:00 China Standard Time. Location: The Company's Meeting Room, Shahe, Hebei China
お知らせ • Mar 31Longxing Technology Group Co., Ltd. to Report Q1, 2025 Results on Apr 29, 2025Longxing Technology Group Co., Ltd. announced that they will report Q1, 2025 results on Apr 29, 2025
分析記事 • Mar 25Longxing Technology Group Co., Ltd.'s (SZSE:002442) Shares Bounce 25% But Its Business Still Trails The MarketDespite an already strong run, Longxing Technology Group Co., Ltd. ( SZSE:002442 ) shares have been powering on, with a...
分析記事 • Jan 01Be Wary Of Longxing Chemical Stock (SZSE:002442) And Its Returns On CapitalDid you know there are some financial metrics that can provide clues of a potential multi-bagger? Typically, we'll want...
お知らせ • Dec 31Longxing Chemical Stock Co., Ltd. to Report Fiscal Year 2024 Results on Apr 02, 2025Longxing Chemical Stock Co., Ltd. announced that they will report fiscal year 2024 results on Apr 02, 2025
お知らせ • Nov 21Longxing Chemical Stock Co., Ltd. (SZSE:002442) signed an equity acquisition framework agreement to acquire CSRC China (Chongqing) Corporation from Csrc (Singapore) Pte Ltd.Longxing Chemical Stock Co., Ltd. (SZSE:002442) signed an equity acquisition framework agreement to acquire CSRC China (Chongqing) Corporation from Csrc (Singapore) Pte Ltd on November 20, 2024. Upon completion of the conditions stipulated in the equity acquisition framework agreement, CSRC (Singapore) Pte Ltd and Longxing Chemical Stock Co., Ltd. will negotiate and sign a formal share purchase agreement. If this transaction has not obtained approvals, record filings, authorizations, or permissions from the competent authorities of mainland China within a specified period (if applicable), the equity acquisition framework agreement will be automatically terminated.
Reported Earnings • Oct 28Third quarter 2024 earnings released: EPS: CN¥0.10 (vs CN¥0.098 in 3Q 2023)Third quarter 2024 results: EPS: CN¥0.10 (up from CN¥0.098 in 3Q 2023). Revenue: CN¥1.09b (up 4.5% from 3Q 2023). Net income: CN¥49.6m (up 5.1% from 3Q 2023). Profit margin: 4.6% (up from 4.5% in 3Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 13% per year whereas the company’s share price has fallen by 8% per year.
Valuation Update With 7 Day Price Move • Sep 30Investor sentiment improves as stock rises 19%After last week's 19% share price gain to CN¥4.79, the stock trades at a trailing P/E ratio of 20.7x. Average trailing P/E is 30x in the Chemicals industry in China. Total loss to shareholders of 30% over the past three years.
お知らせ • Sep 30Longxing Chemical Stock Co., Ltd. to Report Q3, 2024 Results on Oct 28, 2024Longxing Chemical Stock Co., Ltd. announced that they will report Q3, 2024 results on Oct 28, 2024
分析記事 • Sep 30Longxing Chemical Stock Co., Ltd.'s (SZSE:002442) Prospects Need A Boost To Lift SharesWhen close to half the companies in China have price-to-earnings ratios (or "P/E's") above 30x, you may consider...
New Risk • Sep 07New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.5% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (15% operating cash flow to total debt). Minor Risks Paying a dividend despite having no free cash flows. Shareholders have been diluted in the past year (2.5% increase in shares outstanding).
Reported Earnings • Aug 16Second quarter 2024 earnings released: EPS: CN¥0.073 (vs CN¥0.091 in 2Q 2023)Second quarter 2024 results: EPS: CN¥0.073 (down from CN¥0.091 in 2Q 2023). Revenue: CN¥1.03b (flat on 2Q 2023). Net income: CN¥35.3m (down 20% from 2Q 2023). Profit margin: 3.4% (down from 4.2% in 2Q 2023). Over the last 3 years on average, earnings per share has fallen by 19% per year whereas the company’s share price has fallen by 18% per year.
お知らせ • Jun 29Longxing Chemical Stock Co., Ltd. to Report First Half, 2024 Results on Aug 29, 2024Longxing Chemical Stock Co., Ltd. announced that they will report first half, 2024 results on Aug 29, 2024
分析記事 • May 06Why Longxing Chemical Stock's (SZSE:002442) Earnings Are Better Than They SeemLongxing Chemical Stock Co., Ltd.'s ( SZSE:002442 ) solid earnings announcement recently didn't do much to the stock...
お知らせ • May 02Longxing Chemical Stock Co., Ltd. Proposes Final Dividend for 2023Longxing Chemical Stock Co., Ltd. announced on 30 April 2024 the profit distribution proposal for 2023 as follows: Cash dividend/10 shares (tax included): CNY 1.20000000.
お知らせ • May 01Longxing Chemical Stock Co., Ltd., Annual General Meeting, May 21, 2024Longxing Chemical Stock Co., Ltd., Annual General Meeting, May 21, 2024, at 14:00 China Standard Time. Location: The Company's Meeting Room, Shahe, Hebei China
分析記事 • Apr 30Capital Allocation Trends At Longxing Chemical Stock (SZSE:002442) Aren't IdealDid you know there are some financial metrics that can provide clues of a potential multi-bagger? In a perfect world...
Reported Earnings • Apr 30First quarter 2024 earnings released: EPS: CN¥0.056 (vs CN¥0.026 in 1Q 2023)First quarter 2024 results: EPS: CN¥0.056 (up from CN¥0.026 in 1Q 2023). Revenue: CN¥1.00b (down 11% from 1Q 2023). Net income: CN¥27.2m (up 114% from 1Q 2023). Profit margin: 2.7% (up from 1.1% in 1Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings.
Valuation Update With 7 Day Price Move • Apr 16Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to CN¥4.14, the stock trades at a trailing P/E ratio of 17.9x. Average trailing P/E is 28x in the Chemicals industry in China. Total loss to shareholders of 23% over the past three years.
お知らせ • Mar 30Longxing Chemical Stock Co., Ltd. to Report Q1, 2024 Results on Apr 30, 2024Longxing Chemical Stock Co., Ltd. announced that they will report Q1, 2024 results on Apr 30, 2024
分析記事 • Mar 08A Piece Of The Puzzle Missing From Longxing Chemical Stock Co., Ltd.'s (SZSE:002442) 27% Share Price ClimbThose holding Longxing Chemical Stock Co., Ltd. ( SZSE:002442 ) shares would be relieved that the share price has...
Valuation Update With 7 Day Price Move • Feb 01Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to CN¥4.38, the stock trades at a trailing P/E ratio of 18.9x. Average trailing P/E is 28x in the Chemicals industry in China. Total returns to shareholders of 13% over the past three years.
Board Change • Jan 18High number of new directorsThere are 6 new directors who have joined the board in the last 3 years. Non-Independent Director Yuping Peng 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.
Valuation Update With 7 Day Price Move • Jan 10Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to CN¥5.74, the stock trades at a trailing P/E ratio of 24.8x. Average trailing P/E is 35x in the Chemicals industry in China. Total returns to shareholders of 53% over the past three years.
お知らせ • Dec 30Longxing Chemical Stock Co., Ltd. to Report Fiscal Year 2023 Results on Apr 30, 2024Longxing Chemical Stock Co., Ltd. announced that they will report fiscal year 2023 results on Apr 30, 2024
Valuation Update With 7 Day Price Move • Dec 26Investor sentiment improves as stock rises 21%After last week's 21% share price gain to CN¥6.68, the stock trades at a trailing P/E ratio of 28.8x. Average trailing P/E is 35x in the Chemicals industry in China. Total returns to shareholders of 56% over the past three years.
お知らせ • Dec 22Longxing Chemical Stock Co., Ltd. Announces Board AppointmentsLongxing Chemical Stock Co., Ltd. at its Extraordinary General Meeting of 2023 held on 20 December 2023, approved election of Yang Jin, Qiao Xixue, Ma Weifeng and Peng Yuping as non-independent directors and election of Liu Pengfei as independent director.
Reported Earnings • Nov 01Third quarter 2023 earnings released: EPS: CN¥0.098 (vs CN¥0.073 in 3Q 2022)Third quarter 2023 results: EPS: CN¥0.098 (up from CN¥0.073 in 3Q 2022). Revenue: CN¥1.04b (down 13% from 3Q 2022). Net income: CN¥47.2m (up 36% from 3Q 2022). Profit margin: 4.5% (up from 2.9% in 3Q 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 8% per year, which means it is well ahead of earnings.
New Risk • Aug 23New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 22% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.8x net interest cover). High level of non-cash earnings (22% accrual ratio).
Reported Earnings • Aug 19Second quarter 2023 earnings released: EPS: CN¥0.091 (vs CN¥0.096 in 2Q 2022)Second quarter 2023 results: EPS: CN¥0.091 (down from CN¥0.096 in 2Q 2022). Revenue: CN¥1.04b (down 13% from 2Q 2022). Net income: CN¥43.9m (down 7.8% from 2Q 2022). Profit margin: 4.2% (up from 4.0% in 2Q 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.
Reported Earnings • Apr 18Full year 2022 earnings released: EPS: CN¥0.21 (vs CN¥0.36 in FY 2021)Full year 2022 results: EPS: CN¥0.21 (down from CN¥0.36 in FY 2021). Revenue: CN¥4.56b (up 33% from FY 2021). Net income: CN¥103.7m (down 40% from FY 2021). Profit margin: 2.3% (down from 5.0% in FY 2021). Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.
Board Change • Nov 16Less than half of directors are independentThere are 6 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: 6 new directors. 2 experienced directors. 2 highly experienced directors. 2 independent directors (5 non-independent directors). Chairman of the Supervisory Board Hegang Hou is the most experienced director on the board, commencing their role in 2008. Independent Director Liming Yan 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 31Third quarter 2022 earnings released: EPS: CN¥0.073 (vs CN¥0.04 in 3Q 2021)Third quarter 2022 results: EPS: CN¥0.073 (up from CN¥0.04 in 3Q 2021). Revenue: CN¥1.20b (up 48% from 3Q 2021). Net income: CN¥34.8m (up 83% from 3Q 2021). Profit margin: 2.9% (up from 2.4% in 3Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 48% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Sep 07Investor sentiment improved over the past weekAfter last week's 26% share price gain to CN¥6.86, the stock trades at a trailing P/E ratio of 31.3x. Average trailing P/E is 29x in the Chemicals industry in China. Total returns to shareholders of 26% over the past three years.
Reported Earnings • Sep 02Second quarter 2022 earnings released: EPS: CN¥0.096 (vs CN¥0.09 in 2Q 2021)Second quarter 2022 results: EPS: CN¥0.096 (up from CN¥0.09 in 2Q 2021). Revenue: CN¥1.20b (up 40% from 2Q 2021). Net income: CN¥47.7m (up 10% from 2Q 2021). Profit margin: 4.0% (down from 5.0% 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 48% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.
Buying Opportunity • Aug 31Now 20% undervaluedOver the last 90 days, the stock is up 3.2%. The fair value is estimated to be CN¥6.85, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.3% over the last 3 years. Earnings per share has grown by 45%.
Buying Opportunity • Jun 29Now 22% undervalued after recent price dropOver the last 90 days, the stock is down 10%. The fair value is estimated to be CN¥7.01, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.3% over the last 3 years. Earnings per share has grown by 45%.
お知らせ • Jun 17Longxing Chemical Stock Co., Ltd. Announces Final Dividend on A Shares for the Year 2021, Payable on June 22, 2022Longxing Chemical Stock Co., Ltd. announced final cash dividend/10 shares (tax included) of CNY 1.00000000 on A shares for the year 2021. Record date is June 21, 2022. Ex-date is June 22, 2022. Payment date is June 22, 2022.
お知らせ • May 12Longxing Chemical Stock Co., Ltd. Approves Cash Dividend for the Year 2021Longxing Chemical Stock Co., Ltd. announced held its Annual General Meeting of 2021 on 06 May 2022, approved Cash dividend/10 shares (tax included): CNY 1.00000000 for the year 2021.
お知らせ • Apr 27Longxing Chemical Stock Co., Ltd. announced that it expects to receive CNY 1.6036566 billion in fundingLongxing Chemical Stock Co., Ltd. announced that it has entered into a share subscription agreement for a private placement of not more than 147,246,000 A shares for gross proceeds of not more than CNY 1,603,656,600 on April 25, 2022. The transaction included participation from not more than 35, including Liu Pengda, who will subscribe to 5,000,000-10,000,000 shares. The shares Liu Pengda subscribes to cannot be transferred within 18 months from the closing of the transaction. The shares the other investors subscribe to cannot be transferred within 6 months from the closing of the transaction. The transaction has been approved in the 3rd extraordinary meeting of 2022 of the company’s 5th directorate, and is subject to the approvals of the company’s shareholders and the China Securities Regulatory Commission. The issue price shall not be less than 80% of the average price in the 20 trading days before the pricing reference date.
Board Change • Apr 27High number of new directorsThere are 7 new directors who have joined the board in the last 3 years. Independent Director Liming Yan was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
お知らせ • Apr 16+ 1 more updateLongxing Chemical Stock Co., Ltd. Proposes Final Cash Dividend for 2021Longxing Chemical Stock Co., Ltd. proposed final cash dividend/10 shares (tax included): CNY 1.00000000 for 2021.
Reported Earnings • Apr 16Full year 2021 earnings released: EPS: CN¥0.36 (vs CN¥0.16 in FY 2020)Full year 2021 results: EPS: CN¥0.36 (up from CN¥0.16 in FY 2020). Revenue: CN¥3.44b (up 50% from FY 2020). Net income: CN¥171.6m (up 122% from FY 2020). Profit margin: 5.0% (up from 3.4% in FY 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings.
Reported Earnings • Nov 01Third quarter 2021 earnings released: EPS CN¥0.04 (vs CN¥0.039 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¥809.1m (up 32% from 3Q 2020). Net income: CN¥19.0m (up 2.5% from 3Q 2020). Profit margin: 2.4% (down from 3.0% 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 29% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings.
Valuation Update With 7 Day Price Move • Sep 27Investor sentiment deteriorated over the past weekAfter last week's 22% share price decline to CN¥7.43, the stock trades at a trailing P/E ratio of 18.4x. Average trailing P/E is 34x in the Chemicals industry in China. Total loss to shareholders of 31% over the past three years.
Reported Earnings • Aug 27Second quarter 2021 earnings released: EPS CN¥0.09 (vs CN¥0.003 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CN¥858.0m (up 73% from 2Q 2020). Net income: CN¥43.2m (up CN¥41.9m from 2Q 2020). Profit margin: 5.0% (up from 0.3% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.
Valuation Update With 7 Day Price Move • Aug 12Investor sentiment improved over the past weekAfter last week's 15% share price gain to CN¥8.79, the stock trades at a trailing P/E ratio of 27x. Average trailing P/E is 31x in the Chemicals industry in China. Total loss to shareholders of 18% over the past three years.
Valuation Update With 7 Day Price Move • Jul 07Investor sentiment improved over the past weekAfter last week's 26% share price gain to CN¥7.84, the stock trades at a trailing P/E ratio of 24.1x. Average trailing P/E is 29x in the Chemicals industry in China. Total loss to shareholders of 28% over the past three years.
Valuation Update With 7 Day Price Move • May 12Investor sentiment improved over the past weekAfter last week's 17% share price gain to CN¥6.38, the stock trades at a trailing P/E ratio of 19.6x. Average trailing P/E is 28x in the Chemicals industry in China. Total loss to shareholders of 43% over the past three years.
Reported Earnings • Apr 11Full year 2020 earnings released: EPS CN¥0.16 (vs CN¥0.04 in FY 2019)The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: CN¥2.30b (down 18% from FY 2019). Net income: CN¥77.5m (up 303% from FY 2019). Profit margin: 3.4% (up from 0.7% in FY 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 28% per year whereas the company’s share price has fallen by 24% per year.
お知らせ • Mar 09Longxing Chemical Stock Co., Ltd. to Report Fiscal Year 2020 Results on Apr 20, 2021Longxing Chemical Stock Co., Ltd. announced that they will report fiscal year 2020 results on Apr 20, 2021
Is New 90 Day High Low • Feb 24New 90-day high: CN¥5.13The company is up 3.0% from its price of CN¥5.00 on 26 November 2020. The Chinese market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 20% over the same period.
Is New 90 Day High Low • Jan 11New 90-day low: CN¥3.97The company is down 8.0% from its price of CN¥4.32 on 13 October 2020. The Chinese market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 12% over the same period.
お知らせ • Dec 02Longxing Chemical Stock Co., Ltd. Announces Executive AppointmentsLongxing Chemical Stock Co., Ltd. announced at the EGM held on November 30, 2020, the shareholders approved Liu Pengda, Li Ying, Ma Baoliang and Bian Tongle as non-independent directors and the board approved Cheng Hua, Zhou Jie and Wang Yong as independent directors, and the board approved Hou Hegang and Huo Lijun as supervisors.
Is New 90 Day High Low • Nov 23New 90-day high: CN¥5.23The company is up 7.0% from its price of CN¥4.88 on 25 August 2020. The Chinese market is down 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Chemicals industry, which is up 6.0% over the same period.
Is New 90 Day High Low • Oct 30New 90-day low: CN¥3.98The company is down 13% from its price of CN¥4.60 on 31 July 2020. The Chinese market is down 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 2.0% over the same period.
Reported Earnings • Oct 28Third quarter earnings releasedOver the last 12 months the company has reported total profits of CN¥16.3m, down 72% from the prior year. Total revenue was CN¥2.25b over the last 12 months, down 23% from the prior year.
お知らせ • Oct 20Longxing Chemical Stock Co., Ltd. to Report Q3, 2020 Results on Oct 28, 2020Longxing Chemical Stock Co., Ltd. announced that they will report Q3, 2020 results on Oct 28, 2020
お知らせ • Jul 25Longxing Chemical Stock Co., Ltd. to Report First Half, 2020 Results on Aug 21, 2020Longxing Chemical Stock Co., Ltd. announced that they will report first half, 2020 results on Aug 21, 2020
