Elite Color Environmental Resources Science & Technology（002998）株式概要エリートカラー環境資源科学技術有限公司 詳細002998 ファンダメンタル分析スノーフレーク・スコア評価3/6将来の成長0/6過去の実績4/6財務の健全性5/6配当金3/6報酬当社が推定した公正価値より96.4%で取引されている 過去1年間で収益は72.9%増加しました リスク分析過去5年間で収益は年間9.9%減少しました。 3.94%の配当は利益で十分にカバーされていない すべてのリスクチェックを見る002998 Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.NEW492,148 membersJoin community and earn perksGain real feedbackFrom our editorial team, personally. Not silence.Grow your followingReal investors. The kind who actually invest, not scroll past.Unlock free accessFree premium subscription for consistent and quality authors.Learn moreCreate NarrativeBLINRODA492,148 investors already sharing narrativesYour Fair ValueCN¥Current PriceCN¥7.3633.6% 割高 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture05b2016201920222025202620282031Revenue CN¥4.6bEarnings CN¥154.9mAdvancedSet Fair ValueView all narrativesElite Color Environmental Resources Science & Technology Co., Ltd. 競合他社Juheshun Advanced MaterialSymbol: SHSE:605166Market cap: CN¥2.6bYantai Ishikawa Sealing TechnologySymbol: SZSE:301020Market cap: CN¥2.7bNingbo Color Master BatchSymbol: SZSE:301019Market cap: CN¥2.9bHenan Jindan Lactic Acid TechnologyLtdSymbol: SZSE:300829Market cap: CN¥3.2b価格と性能株価の高値、安値、推移の概要Elite Color Environmental Resources Science & Technology過去の株価現在の株価CN¥7.3652週高値CN¥10.4552週安値CN¥6.20ベータ0.711ヶ月の変化14.46%3ヶ月変化-22.69%1年変化-2.52%3年間の変化-6.84%5年間の変化-27.20%IPOからの変化-12.59%最新ニュースお知らせ • Jul 25Elite Color Environmental Resources Science & Technology Co., Ltd. Announces 2026 Interim Profit Distribution Plan to Be Implemented (A Shares), Payable on 03 August 2026Elite Color Environmental Resources Science & Technology Co., Ltd. announced 2026 interim profit distribution plan to be implemented (A shares) Cash dividend/10 shares (tax included): CNY 2.00000000. Record date: 31 July 2026; Ex-date: 03 August 2026; Payment date: 03 August 2026.Reported Earnings • Jul 16Second quarter 2026 earnings released: EPS: CN¥0.15 (vs CN¥0.068 in 2Q 2025)Second quarter 2026 results: EPS: CN¥0.15 (up from CN¥0.068 in 2Q 2025). Revenue: CN¥718.6m (up 14% from 2Q 2025). Net income: CN¥50.6m (up 102% from 2Q 2025). Profit margin: 7.0% (up from 4.0% in 2Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.Valuation Update With 7 Day Price Move • Jul 06Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CN¥7.46, the stock trades at a trailing P/E ratio of 38.6x. Average trailing P/E is 51x in the Chemicals industry in China. Total returns to shareholders of 17% over the past three years.お知らせ • Jun 30Elite Color Environmental Resources Science & Technology Co., Ltd. to Report First Half, 2026 Results on Jul 16, 2026Elite Color Environmental Resources Science & Technology Co., Ltd. announced that they will report first half, 2026 results on Jul 16, 2026Reported Earnings • Apr 13First quarter 2026 earnings released: EPS: CN¥0.09 (vs CN¥0.05 in 1Q 2025)First quarter 2026 results: EPS: CN¥0.09 (up from CN¥0.05 in 1Q 2025). Revenue: CN¥611.4m (up 1.1% from 1Q 2025). Net income: CN¥32.0m (up 107% from 1Q 2025). Profit margin: 5.2% (up from 2.6% in 1Q 2025). The increase in margin was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings.お知らせ • Apr 12Elite Color Environmental Resources Science & Technology Co., Ltd., Annual General Meeting, May 06, 2026Elite Color Environmental Resources Science & Technology Co., Ltd., Annual General Meeting, May 06, 2026, at 14:30 China Standard Time. Location: 1F, No. 38, Huanxi Road, Zhutang Town, Jiangyin, Jiangsu China最新情報をもっと見るRecent updatesお知らせ • Jul 25Elite Color Environmental Resources Science & Technology Co., Ltd. Announces 2026 Interim Profit Distribution Plan to Be Implemented (A Shares), Payable on 03 August 2026Elite Color Environmental Resources Science & Technology Co., Ltd. announced 2026 interim profit distribution plan to be implemented (A shares) Cash dividend/10 shares (tax included): CNY 2.00000000. Record date: 31 July 2026; Ex-date: 03 August 2026; Payment date: 03 August 2026.Reported Earnings • Jul 16Second quarter 2026 earnings released: EPS: CN¥0.15 (vs CN¥0.068 in 2Q 2025)Second quarter 2026 results: EPS: CN¥0.15 (up from CN¥0.068 in 2Q 2025). Revenue: CN¥718.6m (up 14% from 2Q 2025). Net income: CN¥50.6m (up 102% from 2Q 2025). Profit margin: 7.0% (up from 4.0% in 2Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.Valuation Update With 7 Day Price Move • Jul 06Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CN¥7.46, the stock trades at a trailing P/E ratio of 38.6x. Average trailing P/E is 51x in the Chemicals industry in China. Total returns to shareholders of 17% over the past three years.お知らせ • Jun 30Elite Color Environmental Resources Science & Technology Co., Ltd. to Report First Half, 2026 Results on Jul 16, 2026Elite Color Environmental Resources Science & Technology Co., Ltd. announced that they will report first half, 2026 results on Jul 16, 2026Reported Earnings • Apr 13First quarter 2026 earnings released: EPS: CN¥0.09 (vs CN¥0.05 in 1Q 2025)First quarter 2026 results: EPS: CN¥0.09 (up from CN¥0.05 in 1Q 2025). Revenue: CN¥611.4m (up 1.1% from 1Q 2025). Net income: CN¥32.0m (up 107% from 1Q 2025). Profit margin: 5.2% (up from 2.6% in 1Q 2025). The increase in margin was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings.お知らせ • Apr 12Elite Color Environmental Resources Science & Technology Co., Ltd., Annual General Meeting, May 06, 2026Elite Color Environmental Resources Science & Technology Co., Ltd., Annual General Meeting, May 06, 2026, at 14:30 China Standard Time. Location: 1F, No. 38, Huanxi Road, Zhutang Town, Jiangyin, Jiangsu Chinaお知らせ • Mar 31Elite Color Environmental Resources Science & Technology Co., Ltd. to Report Q1, 2026 Results on Apr 13, 2026Elite Color Environmental Resources Science & Technology Co., Ltd. announced that they will report Q1, 2026 results on Apr 13, 2026Valuation Update With 7 Day Price Move • Mar 23Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to CN¥7.39, the stock trades at a trailing P/E ratio of 69.2x. Average trailing P/E is 45x in the Chemicals industry in China. Total returns to shareholders of 17% over the past three years.お知らせ • Dec 31Elite Color Environmental Resources Science & Technology Co., Ltd. to Report Fiscal Year 2025 Results on Apr 13, 2026Elite Color Environmental Resources Science & Technology Co., Ltd. announced that they will report fiscal year 2025 results on Apr 13, 2026Reported Earnings • Oct 27Third quarter 2025 earnings released: EPS: CN¥0.037 (vs CN¥0.081 in 3Q 2024)Third quarter 2025 results: EPS: CN¥0.037 (down from CN¥0.081 in 3Q 2024). Revenue: CN¥693.2m (up 24% from 3Q 2024). Net income: CN¥10.1m (down 63% from 3Q 2024). Profit margin: 1.5% (down from 4.9% in 3Q 2024). Revenue is forecast to grow 25% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Chemicals industry in China. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings.Upcoming Dividend • Oct 06Upcoming dividend of CN¥0.12 per shareEligible shareholders must have bought the stock before 13 October 2025. Payment date: 13 October 2025. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 6.3%. Within top quartile of Chinese dividend payers (1.9%). Higher than average of industry peers (1.4%).お知らせ • Sep 30Elite Color Environmental Resources Science & Technology Co., Ltd. to Report Q3, 2025 Results on Oct 27, 2025Elite Color Environmental Resources Science & Technology Co., Ltd. announced that they will report Q3, 2025 results on Oct 27, 2025Buy Or Sell Opportunity • Sep 18Now 22% undervaluedOver the last 90 days, the stock has risen 11% to CN¥8.00. The fair value is estimated to be CN¥10.27, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.6% over the last 3 years, while earnings per share has been flat.お知らせ • Sep 18Elite Color Environmental Resources Science & Technology Co., Ltd. Approves Interim Cash Dividend for 2025Elite Color Environmental Resources Science & Technology Co., Ltd. approved 2025 interim profit distribution plan as Cash dividend/10 shares (tax included): CNY 1.20000000, at its 2nd Extraordinary General Meeting of 2025 on 16 September 2025.Buy Or Sell Opportunity • Aug 27Now 21% undervaluedOver the last 90 days, the stock has risen 2.4% to CN¥8.21. The fair value is estimated to be CN¥10.39, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.0% over the last 3 years. Earnings per share has grown by 8.6%.お知らせ • Jul 02Elite Color Environmental Resources Science & Technology Co., Ltd. to Report First Half, 2025 Results on Aug 28, 2025Elite Color Environmental Resources Science & Technology Co., Ltd. announced that they will report first half, 2025 results on Aug 28, 2025Valuation Update With 7 Day Price Move • Jun 19Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to CN¥7.24, the stock trades at a trailing P/E ratio of 36.8x. Average trailing P/E is 36x in the Chemicals industry in China. Total returns to shareholders of 15% over the past three years.Buy Or Sell Opportunity • Jun 16Now 19% undervaluedOver the last 90 days, the stock has risen 21% to CN¥8.20. The fair value is estimated to be CN¥10.16, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.0% over the last 3 years. Earnings per share has grown by 8.6%.Declared Dividend • Jun 16Dividend of CN¥0.40 announcedShareholders will receive a dividend of CN¥0.40. Ex-date: 19th June 2025 Payment date: 19th June 2025 Dividend yield will be 6.7%, which is higher than the industry average of 2.6%. Sustainability & Growth Dividend is not covered by earnings (275% earnings payout ratio) and 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 29% per year over the past 4 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 206% to bring the payout ratio under control. However, EPS has declined by 8.5% over the last 5 years so the company would need to reverse this trend.Buy Or Sell Opportunity • May 30Now 22% undervaluedOver the last 90 days, the stock has risen 22% to CN¥7.75. The fair value is estimated to be CN¥9.94, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.0% over the last 3 years. Earnings per share has grown by 8.6%.Valuation Update With 7 Day Price Move • May 29Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CN¥8.02, the stock trades at a trailing P/E ratio of 40.7x. Average trailing P/E is 37x in the Chemicals industry in China. Total returns to shareholders of 14% over the past three years.New Risk • May 15New major risk - Dividend sustainabilityThe dividend is not well covered by earnings and cash flows. Payout ratio: 275% The company is paying a dividend despite having no free cash flows. Dividend yield: 7.8% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 275% Paying a dividend despite having no free cash flows. Earnings have declined by 3.4% per year over the past 5 years. Minor Risk Profit margins are more than 30% lower than last year (2.6% net profit margin).New Risk • Apr 25New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 3.6% Last year net profit margin: 5.6% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (3.6% net profit margin).お知らせ • Apr 25Elite Color Environmental Resources Science & Technology Co., Ltd., Annual General Meeting, May 16, 2025Elite Color Environmental Resources Science & Technology Co., Ltd., Annual General Meeting, May 16, 2025, at 14:30 China Standard Time. Location: 1F, No. 38, Huanxi Road, Zhutang Town, Jiangyin, Jiangsu ChinaBuy Or Sell Opportunity • Apr 21Now 22% overvalued after recent price riseOver the last 90 days, the stock has risen 7.1% to CN¥6.64. The fair value is estimated to be CN¥5.43, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Earnings per share has grown by 14%.Valuation Update With 7 Day Price Move • Apr 08Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to CN¥5.68, the stock trades at a trailing P/E ratio of 15x. Average trailing P/E is 33x in the Chemicals industry in China. Total loss to shareholders of 22% over the past three years.お知らせ • Mar 31Elite Color Environmental Resources Science & Technology Co., Ltd. to Report Q1, 2025 Results on Apr 30, 2025Elite Color Environmental Resources Science & Technology Co., Ltd. announced that they will report Q1, 2025 results on Apr 30, 2025Buy Or Sell Opportunity • Feb 17Now 22% overvaluedOver the last 90 days, the stock has fallen 1.1% to CN¥6.40. The fair value is estimated to be CN¥5.25, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Earnings per share has grown by 14%.お知らせ • Dec 31Elite Color Environmental Resources Science & Technology Co., Ltd. to Report Fiscal Year 2024 Results on Apr 25, 2025Elite Color Environmental Resources Science & Technology Co., Ltd. announced that they will report fiscal year 2024 results on Apr 25, 2025Valuation Update With 7 Day Price Move • Nov 25Investor sentiment improves as stock rises 18%After last week's 18% share price gain to CN¥7.28, the stock trades at a trailing P/E ratio of 19.2x. Average forward P/E is 19x in the Chemicals industry in China. Total loss to shareholders of 13% over the past three years.お知らせ • Oct 18Elite Color Environmental Resources Science & Technology Co., Ltd. Proposes Profit Distribution for the Third Quarter of 2024On October 15, 2024, Elite Color Environmental Resources Science & Technology Co., Ltd. proposed the profit distribution proposal for the third quarter of 2024 as follows: Cash dividend/10 shares (tax included): CNY 1.50000000.Reported Earnings • Oct 17Third quarter 2024 earnings released: EPS: CN¥0.081 (vs CN¥0.13 in 3Q 2023)Third quarter 2024 results: EPS: CN¥0.081 (down from CN¥0.13 in 3Q 2023). Revenue: CN¥558.7m (down 25% from 3Q 2023). Net income: CN¥27.2m (down 37% from 3Q 2023). Profit margin: 4.9% (down from 5.8% in 3Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 34% p.a. on average during the next 2 years, compared to a 15% growth forecast for the Chemicals 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 fallen by 14% per year, which means it is significantly lagging earnings.お知らせ • Sep 30Elite Color Environmental Resources Science & Technology Co., Ltd. to Report Q3, 2024 Results on Oct 15, 2024Elite Color Environmental Resources Science & Technology Co., Ltd. announced that they will report Q3, 2024 results on Oct 15, 2024Valuation Update With 7 Day Price Move • Sep 30Investor sentiment improves as stock rises 22%After last week's 22% share price gain to CN¥6.05, the stock trades at a trailing P/E ratio of 14.1x. Average forward P/E is 16x in the Chemicals industry in China. Total loss to shareholders of 31% over the past three years.分析記事 • Sep 27Improved Earnings Required Before Elite Color Environmental Resources Science & Technology Co., Ltd. (SZSE:002998) Shares Find Their FeetWhen close to half the companies in China have price-to-earnings ratios (or "P/E's") above 29x, you may consider Elite...Reported Earnings • Aug 28Second quarter 2024 earnings released: EPS: CN¥0.11 (vs CN¥0.12 in 2Q 2023)Second quarter 2024 results: EPS: CN¥0.11 (down from CN¥0.12 in 2Q 2023). Revenue: CN¥529.8m (down 14% from 2Q 2023). Net income: CN¥34.3m (down 8.2% from 2Q 2023). Profit margin: 6.5% (up from 6.1% in 2Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 28% p.a. on average during the next 2 years, compared to a 15% growth forecast for the Chemicals industry in China. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 20% per year, which means it is significantly lagging earnings.お知らせ • Jun 29Elite Color Environmental Resources Science & Technology Co., Ltd. to Report First Half, 2024 Results on Aug 28, 2024Elite Color Environmental Resources Science & Technology Co., Ltd. announced that they will report first half, 2024 results on Aug 28, 2024お知らせ • Jun 06Elite Color Environmental Resources Science & Technology Co., Ltd. Announces Final Profit Distribution Plan to Be Implemented on A Shares for the Year 2023, Payable on 13 June 2024Elite Color Environmental Resources Science & Technology Co., Ltd. announced final profit distribution plan to be implemented on A shares as cash dividend per ten shares (tax included) of CNY 0.50000000 for the year 2023, payable on 13 June 2024. Record date is 12 June 2024. Ex-date is 13 June 2024.New Risk • May 17New major risk - Revenue and earnings growthEarnings have declined by 0.1% 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 Risk Earnings have declined by 0.1% per year over the past 5 years. Minor Risk Dividend is not well covered by cash flows (99% cash payout ratio).Reported Earnings • Apr 30Full year 2023 earnings released: EPS: CN¥0.42 (vs CN¥0.24 in FY 2022)Full year 2023 results: EPS: CN¥0.42 (up from CN¥0.24 in FY 2022). Revenue: CN¥2.45b (up 8.5% from FY 2022). Net income: CN¥137.0m (up 77% from FY 2022). Profit margin: 5.6% (up from 3.4% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 21% p.a. on average during the next 2 years, compared to a 16% growth forecast for the Chemicals industry in China. Over the last 3 years on average, earnings per share has fallen by 18% per year whereas the company’s share price has fallen by 14% per year.お知らせ • Apr 29Elite Color Environmental Resources Science & Technology Co., Ltd., Annual General Meeting, May 30, 2024Elite Color Environmental Resources Science & Technology Co., Ltd., Annual General Meeting, May 30, 2024, at 14:30 China Standard Time. Location: 1F, No. 38, Huanxi Road, Zhutang Town, Jiangyin, Jiangsu China分析記事 • Apr 17Elite Color Environmental Resources Science & Technology (SZSE:002998) Might Be Having Difficulty Using Its Capital EffectivelyThere are a few key trends to look for if we want to identify the next multi-bagger. Ideally, a business will show two...Valuation Update With 7 Day Price Move • Apr 16Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to CN¥6.07, the stock trades at a trailing P/E ratio of 18.4x. Average trailing P/E is 28x in the Chemicals industry in China. Total loss to shareholders of 46% over the past three years.お知らせ • Mar 30Elite Color Environmental Resources Science & Technology Co., Ltd. to Report Q1, 2024 Results on Apr 30, 2024Elite Color Environmental Resources Science & Technology Co., Ltd. announced that they will report Q1, 2024 results on Apr 30, 2024Buy Or Sell Opportunity • Feb 22Now 22% overvaluedOver the last 90 days, the stock has fallen 30% to CN¥5.89. The fair value is estimated to be CN¥4.83, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 21% over the last 3 years. Earnings per share has declined by 30%.New Risk • Feb 17New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 4.8% per year over the past 5 years. Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Dividend is not well covered by cash flows (129% cash payout ratio).Valuation Update With 7 Day Price Move • Feb 02Investor sentiment deteriorates as stock falls 20%After last week's 20% share price decline to CN¥5.79, the stock trades at a trailing P/E ratio of 17.6x. Average trailing P/E is 28x in the Chemicals industry in China. Total loss to shareholders of 35% over the past three years.お知らせ • Dec 30Elite Color Environmental Resources Science & Technology Co., Ltd. to Report Fiscal Year 2023 Results on Apr 27, 2024Elite Color Environmental Resources Science & Technology Co., Ltd. announced that they will report fiscal year 2023 results on Apr 27, 2024お知らせ • Nov 04Elite Color Environmental Resources Science & Technology Co., Ltd. (SZSE:002998) announces an Equity Buyback for CNY 30 million worth of its shares.Elite Color Environmental Resources Science & Technology Co., Ltd. (SZSE:002998) announces a share repurchase program. Under the program, the company will repurchase up to CNY 30 million worth of its shares. The repurchase price will not more than CNY 11.58 per share. The repurchased shares will be used for ESOP or equity incentives. The repurchase period will be not more than 12 months.Board Change • Oct 30Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Rongzhen Li was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.お知らせ • Sep 26Elite Color Environmental Resources Science & Technology Co., Ltd. Announces Interim Dividend on A Shares for the Year 2023, Payable on 09 October 2023Elite Color Environmental Resources Science & Technology Co., Ltd. announced final cash dividend/10 shares (tax included) of CNY 1.50000000 on A shares for the interim profit of 2023. Record date: 28 September 2023. Ex-date: 09 October 2023. Payment date: 09 October 2023.お知らせ • Sep 23Elite Color Environmental Resources Science & Technology Co., Ltd. Approves Cash DividendElite Color Environmental Resources Science & Technology Co., Ltd. at its 2nd Extraordinary General Meeting of 2023 held on 20 September 2023, approved cash dividend/10 shares (tax included): CNY 1.50000000.New Risk • Aug 07New minor risk - Dividend sustainabilityThe dividend is not well covered by cash flows. Cash payout ratio: 129% Dividend yield: 3.8% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 4.8% per year over the past 5 years. Minor Risk Dividend is not well covered by cash flows (129% cash payout ratio).お知らせ • Aug 02Elite Color Environmental Resources Science & Technology Co., Ltd. Announces Profit Distribution Proposal for the First Half of 2023Elite Color Environmental Resources Science & Technology Co., Ltd. announced the profit distribution proposal for the first half of 2023 as follows: Cash dividend per 10 shares (tax included) of CNY 1.50000000.Reported Earnings • Aug 02Second quarter 2023 earnings released: EPS: CN¥0.12 (vs CN¥0.028 in 2Q 2022)Second quarter 2023 results: EPS: CN¥0.12 (up from CN¥0.028 in 2Q 2022). Revenue: CN¥613.2m (up 17% from 2Q 2022). Net income: CN¥37.4m (up 344% from 2Q 2022). Profit margin: 6.1% (up from 1.6% in 2Q 2022). The increase in margin was driven by higher revenue.お知らせ • Jul 01Elite Color Environmental Resources Science & Technology Co., Ltd. to Report First Half, 2023 Results on Aug 01, 2023Elite Color Environmental Resources Science & Technology Co., Ltd. announced that they will report first half, 2023 results on Aug 01, 2023Reported Earnings • Apr 13Full year 2022 earnings released: EPS: CN¥0.24 (vs CN¥0.31 in FY 2021)Full year 2022 results: EPS: CN¥0.24 (down from CN¥0.31 in FY 2021). Revenue: CN¥2.25b (up 39% from FY 2021). Net income: CN¥77.6m (down 23% from FY 2021). Profit margin: 3.4% (down from 6.2% in FY 2021). The decrease in margin was driven by higher expenses.Board Change • Nov 16Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. 9 experienced directors. No highly experienced directors. 3 independent directors (4 non-independent directors). Independent Director Rongzhen Li 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. Insufficient board refreshment.お知らせ • Apr 16Elite Color Environmental Resources Science & Technology Co., Ltd., Annual General Meeting, May 05, 2022Elite Color Environmental Resources Science & Technology Co., Ltd., Annual General Meeting, May 05, 2022, at 14:30 China Standard Time. Agenda: To consider 2021 work report of the board of directors; to consider 2021 work report of the supervisory committee; to consider 2021 annual report; to consider 2021 annual accounts and 2022 financial budget report; to consider 2021 profit distribution plan; to consider reappointment of audit firm; and to consider other matters.Valuation Update With 7 Day Price Move • May 31Investor sentiment improved over the past weekAfter last week's 16% share price gain to CN¥11.49, the stock trades at a trailing P/E ratio of 21.9x. Average trailing P/E is 29x in the Chemicals industry in China.Valuation Update With 7 Day Price Move • Mar 09Investor sentiment deteriorated over the past weekAfter last week's 25% share price decline to CN¥11.21, the stock is trading at a trailing P/E ratio of 21.4x, down from the previous P/E ratio of 28.3x. This compares to an average P/E of 36x in the Chemicals industry in China.お知らせ • Mar 08Elite Color Environmental Resources Science & Technology Co., Ltd. to Report Fiscal Year 2020 Results on Apr 20, 2021Elite Color Environmental Resources Science & Technology Co., Ltd. announced that they will report fiscal year 2020 results on Apr 20, 2021Is New 90 Day High Low • Feb 22New 90-day high: CN¥12.53The company is up 2.0% from its price of CN¥12.27 on 24 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 18% over the same period.Valuation Update With 7 Day Price Move • Feb 20Investor sentiment improved over the past weekAfter last week's 16% share price gain to CN¥11.39, the stock is trading at a trailing P/E ratio of 21.7x, up from the previous P/E ratio of 18.7x. This compares to an average P/E of 37x in the Chemicals industry in China.お知らせ • Feb 03Elite Color Environmental Resources Science & Technology Co., Ltd. (SZSE:002998) signed equity transfer agreement to acquire Jiangyin Zhongcai Photovoltaic Material Technology Co., Ltd from Jiangsu Yixin New Material Technology Co., Ltd for CNY 41.5 millionElite Color Environmental Resources Science & Technology Co., Ltd. (SZSE:002998) signed equity transfer agreement to acquire Jiangyin Zhongcai Photovoltaic Material Technology Co., Ltd from Jiangsu Yixin New Material Technology Co., Ltd for CNY 41.5 million on January 30, 2021. The transaction price is paid in two installments. Within three working days from the effective date of the signing of this agreement, the Elite Color shall pay the first transaction consideration of CNY 2 million to the transferor’s account ; Within five working days after the completion of the delivery, it shall pay the second transaction consideration of CNY 39.5 million to the account of the transferor. The parties further agree that if the target company has any outstanding liabilities on the delivery date, the transferee may deduct from the transaction consideration or require the transferor to compensate the amount of such outstanding liabilities. Transaction was funded from self-raised funds. Ren Haitao and and Jiangyin Honglie Metallurgical Equipment acted as guarantor in transaction.For year ended December 31, 2020, The Jiangyin Zhongcai Photovoltaic Material had total assets, net assets, operating income and net loss as CNY 24.8 million, CNY 24.7 million, CNY 0.4 million and CNY 1.7 million respectively. On January 30, 2021, transaction was approved by board of Elite Color Environmental Resources Science & Technology. The parties agree that the subject of this equity transfer is 100% of the equity of the subject company held by the transferor.Is New 90 Day High Low • Dec 28New 90-day low: CN¥8.78The company is down 14% from its price of CN¥10.19 on 29 September 2020. The Chinese market is up 6.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 14% over the same period.Valuation Update With 7 Day Price Move • Nov 24Market bids up stock over the past weekAfter last week's 16% share price gain to CN¥12.27, the stock is trading at a trailing P/E ratio of 23.4x, up from the previous P/E ratio of 20.2x. This compares to an average P/E of 40x in the Chemicals industry in China.お知らせ • Oct 17Elite Color Environmental Resources Science & Technology Co., Ltd. to Report Q3, 2020 Final Results on Oct 23, 2020Elite Color Environmental Resources Science & Technology Co., Ltd. announced that they will report Q3, 2020 final results on Oct 23, 2020Valuation Update With 7 Day Price Move • Oct 12Market bids up stock over the past weekAfter last week's 21% share price gain to CN¥11.92, the stock is trading at a trailing P/E ratio of 24.8x, up from the previous P/E ratio of 20.5x. This compares to an average P/E of 39x in the Chemicals industry in China.お知らせ • Sep 26+ 1 more updateElite Color Environmental Resources Science & Technology Co., Ltd. has completed an IPO in the amount of CNY 477.35766 million.Elite Color Environmental Resources Science & Technology Co., Ltd. has completed an IPO in the amount of CNY 477.35766 million. Security Name: A Shares Security Type: Common Stock Securities Offered: 81,599,600 Price\Range: CNY 5.85株主還元002998CN ChemicalsCN 市場7D6.8%0.3%-2.9%1Y-2.5%22.5%6.5%株主還元を見る業界別リターン: 002998過去 1 年間で22.5 % 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: 002998は、過去 1 年間で6.5 % のリターンを上げたCN市場を下回りました。価格変動Is 002998's price volatile compared to industry and market?002998 volatility002998 Average Weekly Movement7.4%Chemicals Industry Average Movement7.9%Market Average Movement7.4%10% most volatile stocks in CN Market12.4%10% least volatile stocks in CN Market4.4%安定した株価: 002998 、 CN市場と比較して、過去 3 か月間で大きな価格変動はありませんでした。時間の経過による変動: 002998の 週次ボラティリティ ( 7% ) は過去 1 年間安定しています。会社概要設立従業員CEO（最高経営責任者ウェブサイト20031,170Mengqian Daiwww.elitecolor.cnエリートカラー環境資源科学技術有限公司は、中国でポリエステル繊維とその製品の研究開発、生産、販売を行っている。同社はバージンおよび再生低融点繊維、家庭用繊維、綿織物、カーペット、研磨パッド、ジオテキスタイル、難燃剤、自動車内装トリム素材のポリエステル短繊維、ES繊維、メルトブローン不織布、ホットメルトおよび低融点糸を提供している。同社は2003年に設立され、中国江陰市に拠点を置く。もっと見るElite Color Environmental Resources Science & Technology Co., Ltd. 基礎のまとめElite Color Environmental Resources Science & Technology の収益と売上を時価総額と比較するとどうか。002998 基礎統計学時価総額CN¥2.61b収益（TTM）CN¥94.13m売上高(TTM)CN¥2.81b27.7xPER（株価収益率0.9xP/Sレシオ002998 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002998 損益計算書（TTM）収益CN¥2.81b売上原価CN¥2.51b売上総利益CN¥308.07mその他の費用CN¥213.93m収益CN¥94.13m直近の収益報告Jun 30, 2026次回決算日該当なし一株当たり利益（EPS）0.27グロス・マージン10.94%純利益率3.34%有利子負債／自己資本比率23.4%002998 の長期的なパフォーマンスは？過去の実績と比較を見る配当金3.9%現在の配当利回り129%配当性向002998 配当は確実ですか？002998 配当履歴とベンチマークを見る002998 、いつまでに購入すれば配当金を受け取れますか？Elite Color Environmental Resources Science & Technology 配当日配当落ち日Aug 03 2026配当支払日Aug 03 2026配当落ちまでの日数4 days配当支払日までの日数4 days002998 配当は確実ですか？002998 配当履歴とベンチマークを見る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2026/07/29 20:43終値2026/07/29 00:00収益2026/06/30年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレークこのレポートを生成するために使用した分析モデルの詳細は、当社のGitHubページでご覧いただけます。また、レポートの活用方法に関するガイドやYouTubeのチュートリアルも用意しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Elite Color Environmental Resources Science & Technology 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Zhe WangCitic Securities Co., Ltd.
お知らせ • Jul 25Elite Color Environmental Resources Science & Technology Co., Ltd. Announces 2026 Interim Profit Distribution Plan to Be Implemented (A Shares), Payable on 03 August 2026Elite Color Environmental Resources Science & Technology Co., Ltd. announced 2026 interim profit distribution plan to be implemented (A shares) Cash dividend/10 shares (tax included): CNY 2.00000000. Record date: 31 July 2026; Ex-date: 03 August 2026; Payment date: 03 August 2026.
Reported Earnings • Jul 16Second quarter 2026 earnings released: EPS: CN¥0.15 (vs CN¥0.068 in 2Q 2025)Second quarter 2026 results: EPS: CN¥0.15 (up from CN¥0.068 in 2Q 2025). Revenue: CN¥718.6m (up 14% from 2Q 2025). Net income: CN¥50.6m (up 102% from 2Q 2025). Profit margin: 7.0% (up from 4.0% in 2Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.
Valuation Update With 7 Day Price Move • Jul 06Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CN¥7.46, the stock trades at a trailing P/E ratio of 38.6x. Average trailing P/E is 51x in the Chemicals industry in China. Total returns to shareholders of 17% over the past three years.
お知らせ • Jun 30Elite Color Environmental Resources Science & Technology Co., Ltd. to Report First Half, 2026 Results on Jul 16, 2026Elite Color Environmental Resources Science & Technology Co., Ltd. announced that they will report first half, 2026 results on Jul 16, 2026
Reported Earnings • Apr 13First quarter 2026 earnings released: EPS: CN¥0.09 (vs CN¥0.05 in 1Q 2025)First quarter 2026 results: EPS: CN¥0.09 (up from CN¥0.05 in 1Q 2025). Revenue: CN¥611.4m (up 1.1% from 1Q 2025). Net income: CN¥32.0m (up 107% from 1Q 2025). Profit margin: 5.2% (up from 2.6% in 1Q 2025). The increase in margin was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings.
お知らせ • Apr 12Elite Color Environmental Resources Science & Technology Co., Ltd., Annual General Meeting, May 06, 2026Elite Color Environmental Resources Science & Technology Co., Ltd., Annual General Meeting, May 06, 2026, at 14:30 China Standard Time. Location: 1F, No. 38, Huanxi Road, Zhutang Town, Jiangyin, Jiangsu China
お知らせ • Jul 25Elite Color Environmental Resources Science & Technology Co., Ltd. Announces 2026 Interim Profit Distribution Plan to Be Implemented (A Shares), Payable on 03 August 2026Elite Color Environmental Resources Science & Technology Co., Ltd. announced 2026 interim profit distribution plan to be implemented (A shares) Cash dividend/10 shares (tax included): CNY 2.00000000. Record date: 31 July 2026; Ex-date: 03 August 2026; Payment date: 03 August 2026.
Reported Earnings • Jul 16Second quarter 2026 earnings released: EPS: CN¥0.15 (vs CN¥0.068 in 2Q 2025)Second quarter 2026 results: EPS: CN¥0.15 (up from CN¥0.068 in 2Q 2025). Revenue: CN¥718.6m (up 14% from 2Q 2025). Net income: CN¥50.6m (up 102% from 2Q 2025). Profit margin: 7.0% (up from 4.0% in 2Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.
Valuation Update With 7 Day Price Move • Jul 06Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CN¥7.46, the stock trades at a trailing P/E ratio of 38.6x. Average trailing P/E is 51x in the Chemicals industry in China. Total returns to shareholders of 17% over the past three years.
お知らせ • Jun 30Elite Color Environmental Resources Science & Technology Co., Ltd. to Report First Half, 2026 Results on Jul 16, 2026Elite Color Environmental Resources Science & Technology Co., Ltd. announced that they will report first half, 2026 results on Jul 16, 2026
Reported Earnings • Apr 13First quarter 2026 earnings released: EPS: CN¥0.09 (vs CN¥0.05 in 1Q 2025)First quarter 2026 results: EPS: CN¥0.09 (up from CN¥0.05 in 1Q 2025). Revenue: CN¥611.4m (up 1.1% from 1Q 2025). Net income: CN¥32.0m (up 107% from 1Q 2025). Profit margin: 5.2% (up from 2.6% in 1Q 2025). The increase in margin was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings.
お知らせ • Apr 12Elite Color Environmental Resources Science & Technology Co., Ltd., Annual General Meeting, May 06, 2026Elite Color Environmental Resources Science & Technology Co., Ltd., Annual General Meeting, May 06, 2026, at 14:30 China Standard Time. Location: 1F, No. 38, Huanxi Road, Zhutang Town, Jiangyin, Jiangsu China
お知らせ • Mar 31Elite Color Environmental Resources Science & Technology Co., Ltd. to Report Q1, 2026 Results on Apr 13, 2026Elite Color Environmental Resources Science & Technology Co., Ltd. announced that they will report Q1, 2026 results on Apr 13, 2026
Valuation Update With 7 Day Price Move • Mar 23Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to CN¥7.39, the stock trades at a trailing P/E ratio of 69.2x. Average trailing P/E is 45x in the Chemicals industry in China. Total returns to shareholders of 17% over the past three years.
お知らせ • Dec 31Elite Color Environmental Resources Science & Technology Co., Ltd. to Report Fiscal Year 2025 Results on Apr 13, 2026Elite Color Environmental Resources Science & Technology Co., Ltd. announced that they will report fiscal year 2025 results on Apr 13, 2026
Reported Earnings • Oct 27Third quarter 2025 earnings released: EPS: CN¥0.037 (vs CN¥0.081 in 3Q 2024)Third quarter 2025 results: EPS: CN¥0.037 (down from CN¥0.081 in 3Q 2024). Revenue: CN¥693.2m (up 24% from 3Q 2024). Net income: CN¥10.1m (down 63% from 3Q 2024). Profit margin: 1.5% (down from 4.9% in 3Q 2024). Revenue is forecast to grow 25% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Chemicals industry in China. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings.
Upcoming Dividend • Oct 06Upcoming dividend of CN¥0.12 per shareEligible shareholders must have bought the stock before 13 October 2025. Payment date: 13 October 2025. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 6.3%. Within top quartile of Chinese dividend payers (1.9%). Higher than average of industry peers (1.4%).
お知らせ • Sep 30Elite Color Environmental Resources Science & Technology Co., Ltd. to Report Q3, 2025 Results on Oct 27, 2025Elite Color Environmental Resources Science & Technology Co., Ltd. announced that they will report Q3, 2025 results on Oct 27, 2025
Buy Or Sell Opportunity • Sep 18Now 22% undervaluedOver the last 90 days, the stock has risen 11% to CN¥8.00. The fair value is estimated to be CN¥10.27, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.6% over the last 3 years, while earnings per share has been flat.
お知らせ • Sep 18Elite Color Environmental Resources Science & Technology Co., Ltd. Approves Interim Cash Dividend for 2025Elite Color Environmental Resources Science & Technology Co., Ltd. approved 2025 interim profit distribution plan as Cash dividend/10 shares (tax included): CNY 1.20000000, at its 2nd Extraordinary General Meeting of 2025 on 16 September 2025.
Buy Or Sell Opportunity • Aug 27Now 21% undervaluedOver the last 90 days, the stock has risen 2.4% to CN¥8.21. The fair value is estimated to be CN¥10.39, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.0% over the last 3 years. Earnings per share has grown by 8.6%.
お知らせ • Jul 02Elite Color Environmental Resources Science & Technology Co., Ltd. to Report First Half, 2025 Results on Aug 28, 2025Elite Color Environmental Resources Science & Technology Co., Ltd. announced that they will report first half, 2025 results on Aug 28, 2025
Valuation Update With 7 Day Price Move • Jun 19Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to CN¥7.24, the stock trades at a trailing P/E ratio of 36.8x. Average trailing P/E is 36x in the Chemicals industry in China. Total returns to shareholders of 15% over the past three years.
Buy Or Sell Opportunity • Jun 16Now 19% undervaluedOver the last 90 days, the stock has risen 21% to CN¥8.20. The fair value is estimated to be CN¥10.16, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.0% over the last 3 years. Earnings per share has grown by 8.6%.
Declared Dividend • Jun 16Dividend of CN¥0.40 announcedShareholders will receive a dividend of CN¥0.40. Ex-date: 19th June 2025 Payment date: 19th June 2025 Dividend yield will be 6.7%, which is higher than the industry average of 2.6%. Sustainability & Growth Dividend is not covered by earnings (275% earnings payout ratio) and 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 29% per year over the past 4 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 206% to bring the payout ratio under control. However, EPS has declined by 8.5% over the last 5 years so the company would need to reverse this trend.
Buy Or Sell Opportunity • May 30Now 22% undervaluedOver the last 90 days, the stock has risen 22% to CN¥7.75. The fair value is estimated to be CN¥9.94, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.0% over the last 3 years. Earnings per share has grown by 8.6%.
Valuation Update With 7 Day Price Move • May 29Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CN¥8.02, the stock trades at a trailing P/E ratio of 40.7x. Average trailing P/E is 37x in the Chemicals industry in China. Total returns to shareholders of 14% over the past three years.
New Risk • May 15New major risk - Dividend sustainabilityThe dividend is not well covered by earnings and cash flows. Payout ratio: 275% The company is paying a dividend despite having no free cash flows. Dividend yield: 7.8% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 275% Paying a dividend despite having no free cash flows. Earnings have declined by 3.4% per year over the past 5 years. Minor Risk Profit margins are more than 30% lower than last year (2.6% net profit margin).
New Risk • Apr 25New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 3.6% Last year net profit margin: 5.6% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (3.6% net profit margin).
お知らせ • Apr 25Elite Color Environmental Resources Science & Technology Co., Ltd., Annual General Meeting, May 16, 2025Elite Color Environmental Resources Science & Technology Co., Ltd., Annual General Meeting, May 16, 2025, at 14:30 China Standard Time. Location: 1F, No. 38, Huanxi Road, Zhutang Town, Jiangyin, Jiangsu China
Buy Or Sell Opportunity • Apr 21Now 22% overvalued after recent price riseOver the last 90 days, the stock has risen 7.1% to CN¥6.64. The fair value is estimated to be CN¥5.43, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Earnings per share has grown by 14%.
Valuation Update With 7 Day Price Move • Apr 08Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to CN¥5.68, the stock trades at a trailing P/E ratio of 15x. Average trailing P/E is 33x in the Chemicals industry in China. Total loss to shareholders of 22% over the past three years.
お知らせ • Mar 31Elite Color Environmental Resources Science & Technology Co., Ltd. to Report Q1, 2025 Results on Apr 30, 2025Elite Color Environmental Resources Science & Technology Co., Ltd. announced that they will report Q1, 2025 results on Apr 30, 2025
Buy Or Sell Opportunity • Feb 17Now 22% overvaluedOver the last 90 days, the stock has fallen 1.1% to CN¥6.40. The fair value is estimated to be CN¥5.25, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Earnings per share has grown by 14%.
お知らせ • Dec 31Elite Color Environmental Resources Science & Technology Co., Ltd. to Report Fiscal Year 2024 Results on Apr 25, 2025Elite Color Environmental Resources Science & Technology Co., Ltd. announced that they will report fiscal year 2024 results on Apr 25, 2025
Valuation Update With 7 Day Price Move • Nov 25Investor sentiment improves as stock rises 18%After last week's 18% share price gain to CN¥7.28, the stock trades at a trailing P/E ratio of 19.2x. Average forward P/E is 19x in the Chemicals industry in China. Total loss to shareholders of 13% over the past three years.
お知らせ • Oct 18Elite Color Environmental Resources Science & Technology Co., Ltd. Proposes Profit Distribution for the Third Quarter of 2024On October 15, 2024, Elite Color Environmental Resources Science & Technology Co., Ltd. proposed the profit distribution proposal for the third quarter of 2024 as follows: Cash dividend/10 shares (tax included): CNY 1.50000000.
Reported Earnings • Oct 17Third quarter 2024 earnings released: EPS: CN¥0.081 (vs CN¥0.13 in 3Q 2023)Third quarter 2024 results: EPS: CN¥0.081 (down from CN¥0.13 in 3Q 2023). Revenue: CN¥558.7m (down 25% from 3Q 2023). Net income: CN¥27.2m (down 37% from 3Q 2023). Profit margin: 4.9% (down from 5.8% in 3Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 34% p.a. on average during the next 2 years, compared to a 15% growth forecast for the Chemicals 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 fallen by 14% per year, which means it is significantly lagging earnings.
お知らせ • Sep 30Elite Color Environmental Resources Science & Technology Co., Ltd. to Report Q3, 2024 Results on Oct 15, 2024Elite Color Environmental Resources Science & Technology Co., Ltd. announced that they will report Q3, 2024 results on Oct 15, 2024
Valuation Update With 7 Day Price Move • Sep 30Investor sentiment improves as stock rises 22%After last week's 22% share price gain to CN¥6.05, the stock trades at a trailing P/E ratio of 14.1x. Average forward P/E is 16x in the Chemicals industry in China. Total loss to shareholders of 31% over the past three years.
分析記事 • Sep 27Improved Earnings Required Before Elite Color Environmental Resources Science & Technology Co., Ltd. (SZSE:002998) Shares Find Their FeetWhen close to half the companies in China have price-to-earnings ratios (or "P/E's") above 29x, you may consider Elite...
Reported Earnings • Aug 28Second quarter 2024 earnings released: EPS: CN¥0.11 (vs CN¥0.12 in 2Q 2023)Second quarter 2024 results: EPS: CN¥0.11 (down from CN¥0.12 in 2Q 2023). Revenue: CN¥529.8m (down 14% from 2Q 2023). Net income: CN¥34.3m (down 8.2% from 2Q 2023). Profit margin: 6.5% (up from 6.1% in 2Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 28% p.a. on average during the next 2 years, compared to a 15% growth forecast for the Chemicals industry in China. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 20% per year, which means it is significantly lagging earnings.
お知らせ • Jun 29Elite Color Environmental Resources Science & Technology Co., Ltd. to Report First Half, 2024 Results on Aug 28, 2024Elite Color Environmental Resources Science & Technology Co., Ltd. announced that they will report first half, 2024 results on Aug 28, 2024
お知らせ • Jun 06Elite Color Environmental Resources Science & Technology Co., Ltd. Announces Final Profit Distribution Plan to Be Implemented on A Shares for the Year 2023, Payable on 13 June 2024Elite Color Environmental Resources Science & Technology Co., Ltd. announced final profit distribution plan to be implemented on A shares as cash dividend per ten shares (tax included) of CNY 0.50000000 for the year 2023, payable on 13 June 2024. Record date is 12 June 2024. Ex-date is 13 June 2024.
New Risk • May 17New major risk - Revenue and earnings growthEarnings have declined by 0.1% 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 Risk Earnings have declined by 0.1% per year over the past 5 years. Minor Risk Dividend is not well covered by cash flows (99% cash payout ratio).
Reported Earnings • Apr 30Full year 2023 earnings released: EPS: CN¥0.42 (vs CN¥0.24 in FY 2022)Full year 2023 results: EPS: CN¥0.42 (up from CN¥0.24 in FY 2022). Revenue: CN¥2.45b (up 8.5% from FY 2022). Net income: CN¥137.0m (up 77% from FY 2022). Profit margin: 5.6% (up from 3.4% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 21% p.a. on average during the next 2 years, compared to a 16% growth forecast for the Chemicals industry in China. Over the last 3 years on average, earnings per share has fallen by 18% per year whereas the company’s share price has fallen by 14% per year.
お知らせ • Apr 29Elite Color Environmental Resources Science & Technology Co., Ltd., Annual General Meeting, May 30, 2024Elite Color Environmental Resources Science & Technology Co., Ltd., Annual General Meeting, May 30, 2024, at 14:30 China Standard Time. Location: 1F, No. 38, Huanxi Road, Zhutang Town, Jiangyin, Jiangsu China
分析記事 • Apr 17Elite Color Environmental Resources Science & Technology (SZSE:002998) Might Be Having Difficulty Using Its Capital EffectivelyThere are a few key trends to look for if we want to identify the next multi-bagger. Ideally, a business will show two...
Valuation Update With 7 Day Price Move • Apr 16Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to CN¥6.07, the stock trades at a trailing P/E ratio of 18.4x. Average trailing P/E is 28x in the Chemicals industry in China. Total loss to shareholders of 46% over the past three years.
お知らせ • Mar 30Elite Color Environmental Resources Science & Technology Co., Ltd. to Report Q1, 2024 Results on Apr 30, 2024Elite Color Environmental Resources Science & Technology Co., Ltd. announced that they will report Q1, 2024 results on Apr 30, 2024
Buy Or Sell Opportunity • Feb 22Now 22% overvaluedOver the last 90 days, the stock has fallen 30% to CN¥5.89. The fair value is estimated to be CN¥4.83, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 21% over the last 3 years. Earnings per share has declined by 30%.
New Risk • Feb 17New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 4.8% per year over the past 5 years. Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Dividend is not well covered by cash flows (129% cash payout ratio).
Valuation Update With 7 Day Price Move • Feb 02Investor sentiment deteriorates as stock falls 20%After last week's 20% share price decline to CN¥5.79, the stock trades at a trailing P/E ratio of 17.6x. Average trailing P/E is 28x in the Chemicals industry in China. Total loss to shareholders of 35% over the past three years.
お知らせ • Dec 30Elite Color Environmental Resources Science & Technology Co., Ltd. to Report Fiscal Year 2023 Results on Apr 27, 2024Elite Color Environmental Resources Science & Technology Co., Ltd. announced that they will report fiscal year 2023 results on Apr 27, 2024
お知らせ • Nov 04Elite Color Environmental Resources Science & Technology Co., Ltd. (SZSE:002998) announces an Equity Buyback for CNY 30 million worth of its shares.Elite Color Environmental Resources Science & Technology Co., Ltd. (SZSE:002998) announces a share repurchase program. Under the program, the company will repurchase up to CNY 30 million worth of its shares. The repurchase price will not more than CNY 11.58 per share. The repurchased shares will be used for ESOP or equity incentives. The repurchase period will be not more than 12 months.
Board Change • Oct 30Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Rongzhen Li was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
お知らせ • Sep 26Elite Color Environmental Resources Science & Technology Co., Ltd. Announces Interim Dividend on A Shares for the Year 2023, Payable on 09 October 2023Elite Color Environmental Resources Science & Technology Co., Ltd. announced final cash dividend/10 shares (tax included) of CNY 1.50000000 on A shares for the interim profit of 2023. Record date: 28 September 2023. Ex-date: 09 October 2023. Payment date: 09 October 2023.
お知らせ • Sep 23Elite Color Environmental Resources Science & Technology Co., Ltd. Approves Cash DividendElite Color Environmental Resources Science & Technology Co., Ltd. at its 2nd Extraordinary General Meeting of 2023 held on 20 September 2023, approved cash dividend/10 shares (tax included): CNY 1.50000000.
New Risk • Aug 07New minor risk - Dividend sustainabilityThe dividend is not well covered by cash flows. Cash payout ratio: 129% Dividend yield: 3.8% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 4.8% per year over the past 5 years. Minor Risk Dividend is not well covered by cash flows (129% cash payout ratio).
お知らせ • Aug 02Elite Color Environmental Resources Science & Technology Co., Ltd. Announces Profit Distribution Proposal for the First Half of 2023Elite Color Environmental Resources Science & Technology Co., Ltd. announced the profit distribution proposal for the first half of 2023 as follows: Cash dividend per 10 shares (tax included) of CNY 1.50000000.
Reported Earnings • Aug 02Second quarter 2023 earnings released: EPS: CN¥0.12 (vs CN¥0.028 in 2Q 2022)Second quarter 2023 results: EPS: CN¥0.12 (up from CN¥0.028 in 2Q 2022). Revenue: CN¥613.2m (up 17% from 2Q 2022). Net income: CN¥37.4m (up 344% from 2Q 2022). Profit margin: 6.1% (up from 1.6% in 2Q 2022). The increase in margin was driven by higher revenue.
お知らせ • Jul 01Elite Color Environmental Resources Science & Technology Co., Ltd. to Report First Half, 2023 Results on Aug 01, 2023Elite Color Environmental Resources Science & Technology Co., Ltd. announced that they will report first half, 2023 results on Aug 01, 2023
Reported Earnings • Apr 13Full year 2022 earnings released: EPS: CN¥0.24 (vs CN¥0.31 in FY 2021)Full year 2022 results: EPS: CN¥0.24 (down from CN¥0.31 in FY 2021). Revenue: CN¥2.25b (up 39% from FY 2021). Net income: CN¥77.6m (down 23% from FY 2021). Profit margin: 3.4% (down from 6.2% in FY 2021). The decrease in margin was driven by higher expenses.
Board Change • Nov 16Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. 9 experienced directors. No highly experienced directors. 3 independent directors (4 non-independent directors). Independent Director Rongzhen Li 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. Insufficient board refreshment.
お知らせ • Apr 16Elite Color Environmental Resources Science & Technology Co., Ltd., Annual General Meeting, May 05, 2022Elite Color Environmental Resources Science & Technology Co., Ltd., Annual General Meeting, May 05, 2022, at 14:30 China Standard Time. Agenda: To consider 2021 work report of the board of directors; to consider 2021 work report of the supervisory committee; to consider 2021 annual report; to consider 2021 annual accounts and 2022 financial budget report; to consider 2021 profit distribution plan; to consider reappointment of audit firm; and to consider other matters.
Valuation Update With 7 Day Price Move • May 31Investor sentiment improved over the past weekAfter last week's 16% share price gain to CN¥11.49, the stock trades at a trailing P/E ratio of 21.9x. Average trailing P/E is 29x in the Chemicals industry in China.
Valuation Update With 7 Day Price Move • Mar 09Investor sentiment deteriorated over the past weekAfter last week's 25% share price decline to CN¥11.21, the stock is trading at a trailing P/E ratio of 21.4x, down from the previous P/E ratio of 28.3x. This compares to an average P/E of 36x in the Chemicals industry in China.
お知らせ • Mar 08Elite Color Environmental Resources Science & Technology Co., Ltd. to Report Fiscal Year 2020 Results on Apr 20, 2021Elite Color Environmental Resources Science & Technology Co., Ltd. announced that they will report fiscal year 2020 results on Apr 20, 2021
Is New 90 Day High Low • Feb 22New 90-day high: CN¥12.53The company is up 2.0% from its price of CN¥12.27 on 24 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 18% over the same period.
Valuation Update With 7 Day Price Move • Feb 20Investor sentiment improved over the past weekAfter last week's 16% share price gain to CN¥11.39, the stock is trading at a trailing P/E ratio of 21.7x, up from the previous P/E ratio of 18.7x. This compares to an average P/E of 37x in the Chemicals industry in China.
お知らせ • Feb 03Elite Color Environmental Resources Science & Technology Co., Ltd. (SZSE:002998) signed equity transfer agreement to acquire Jiangyin Zhongcai Photovoltaic Material Technology Co., Ltd from Jiangsu Yixin New Material Technology Co., Ltd for CNY 41.5 millionElite Color Environmental Resources Science & Technology Co., Ltd. (SZSE:002998) signed equity transfer agreement to acquire Jiangyin Zhongcai Photovoltaic Material Technology Co., Ltd from Jiangsu Yixin New Material Technology Co., Ltd for CNY 41.5 million on January 30, 2021. The transaction price is paid in two installments. Within three working days from the effective date of the signing of this agreement, the Elite Color shall pay the first transaction consideration of CNY 2 million to the transferor’s account ; Within five working days after the completion of the delivery, it shall pay the second transaction consideration of CNY 39.5 million to the account of the transferor. The parties further agree that if the target company has any outstanding liabilities on the delivery date, the transferee may deduct from the transaction consideration or require the transferor to compensate the amount of such outstanding liabilities. Transaction was funded from self-raised funds. Ren Haitao and and Jiangyin Honglie Metallurgical Equipment acted as guarantor in transaction.For year ended December 31, 2020, The Jiangyin Zhongcai Photovoltaic Material had total assets, net assets, operating income and net loss as CNY 24.8 million, CNY 24.7 million, CNY 0.4 million and CNY 1.7 million respectively. On January 30, 2021, transaction was approved by board of Elite Color Environmental Resources Science & Technology. The parties agree that the subject of this equity transfer is 100% of the equity of the subject company held by the transferor.
Is New 90 Day High Low • Dec 28New 90-day low: CN¥8.78The company is down 14% from its price of CN¥10.19 on 29 September 2020. The Chinese market is up 6.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 14% over the same period.
Valuation Update With 7 Day Price Move • Nov 24Market bids up stock over the past weekAfter last week's 16% share price gain to CN¥12.27, the stock is trading at a trailing P/E ratio of 23.4x, up from the previous P/E ratio of 20.2x. This compares to an average P/E of 40x in the Chemicals industry in China.
お知らせ • Oct 17Elite Color Environmental Resources Science & Technology Co., Ltd. to Report Q3, 2020 Final Results on Oct 23, 2020Elite Color Environmental Resources Science & Technology Co., Ltd. announced that they will report Q3, 2020 final results on Oct 23, 2020
Valuation Update With 7 Day Price Move • Oct 12Market bids up stock over the past weekAfter last week's 21% share price gain to CN¥11.92, the stock is trading at a trailing P/E ratio of 24.8x, up from the previous P/E ratio of 20.5x. This compares to an average P/E of 39x in the Chemicals industry in China.
お知らせ • Sep 26+ 1 more updateElite Color Environmental Resources Science & Technology Co., Ltd. has completed an IPO in the amount of CNY 477.35766 million.Elite Color Environmental Resources Science & Technology Co., Ltd. has completed an IPO in the amount of CNY 477.35766 million. Security Name: A Shares Security Type: Common Stock Securities Offered: 81,599,600 Price\Range: CNY 5.85
