Jiangsu Changhai Composite Materials（300196）株式概要江蘇長海複合材料有限公司は、ガラス繊維製品とガラス繊維複合材料の科学的研究、開発、生産、販売を行っています。 詳細300196 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3/6過去の実績3/6財務の健全性4/6配当金4/6報酬株価収益率（ 19.7 x） CN市場（ 39.7 x）を下回っています。収益は年間25.4%増加すると予測されています 過去1年間で収益は6.3%増加しました 同業他社や業界と比較して、良好な取引価格 リスク分析CN市場と比較して、過去 3 か月間の株価の変動が非常に大きい2.83%の配当はフリーキャッシュフロー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300196 Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.NEW481,446 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 NarrativeBLINRODA481,446 investors already sharing narrativesYour Fair ValueCN¥Current PriceCN¥15.8936.4% 割安 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture07b2016201920222025202620282031Revenue CN¥6.8bEarnings CN¥709.7mAdvancedSet Fair ValueView all narrativesJiangsu Changhai Composite Materials Co., Ltd 競合他社Zhejiang Hailide New MaterialLtdSymbol: SZSE:002206Market cap: CN¥6.2bSinosteel New MaterialsSymbol: SZSE:002057Market cap: CN¥6.1bZhejiang Xinhua ChemicalLtdSymbol: SHSE:603867Market cap: CN¥5.8bShandong Head GroupLtdSymbol: SZSE:002810Market cap: CN¥6.7b価格と性能株価の高値、安値、推移の概要Jiangsu Changhai Composite Materials過去の株価現在の株価CN¥15.8952週高値CN¥34.2652週安値CN¥13.14ベータ0.721ヶ月の変化-35.69%3ヶ月変化-18.72%1年変化14.32%3年間の変化11.59%5年間の変化-20.07%IPOからの変化134.11%最新ニュースValuation Update With 7 Day Price Move • Jul 17Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to CN¥17.10, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 18x in the Chemicals industry in China. Total returns to shareholders of 26% over the past three years.Valuation Update With 7 Day Price Move • Jul 02Investor sentiment deteriorates as stock falls 23%After last week's 23% share price decline to CN¥24.71, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 21x in the Chemicals industry in China. Total returns to shareholders of 89% over the past three years.お知らせ • Jun 30Jiangsu Changhai Composite Materials Co., Ltd to Report First Half, 2026 Results on Aug 22, 2026Jiangsu Changhai Composite Materials Co., Ltd announced that they will report first half, 2026 results on Aug 22, 2026Valuation Update With 7 Day Price Move • Jun 08Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to CN¥22.18, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 20x in the Chemicals industry in China. Total returns to shareholders of 71% over the past three years.Valuation Update With 7 Day Price Move • May 25Investor sentiment improves as stock rises 22%After last week's 22% share price gain to CN¥23.92, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 21x in the Chemicals industry in China. Total returns to shareholders of 84% over the past three years.New Risk • May 06New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Chinese stocks, typically moving 9.8% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (9.8% average weekly change). Minor Risk Paying a dividend despite having no free cash flows.最新情報をもっと見るRecent updatesValuation Update With 7 Day Price Move • Jul 17Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to CN¥17.10, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 18x in the Chemicals industry in China. Total returns to shareholders of 26% over the past three years.Valuation Update With 7 Day Price Move • Jul 02Investor sentiment deteriorates as stock falls 23%After last week's 23% share price decline to CN¥24.71, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 21x in the Chemicals industry in China. Total returns to shareholders of 89% over the past three years.お知らせ • Jun 30Jiangsu Changhai Composite Materials Co., Ltd to Report First Half, 2026 Results on Aug 22, 2026Jiangsu Changhai Composite Materials Co., Ltd announced that they will report first half, 2026 results on Aug 22, 2026Valuation Update With 7 Day Price Move • Jun 08Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to CN¥22.18, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 20x in the Chemicals industry in China. Total returns to shareholders of 71% over the past three years.Valuation Update With 7 Day Price Move • May 25Investor sentiment improves as stock rises 22%After last week's 22% share price gain to CN¥23.92, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 21x in the Chemicals industry in China. Total returns to shareholders of 84% over the past three years.New Risk • May 06New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Chinese stocks, typically moving 9.8% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (9.8% average weekly change). Minor Risk Paying a dividend despite having no free cash flows.Valuation Update With 7 Day Price Move • Apr 14Investor sentiment improves as stock rises 18%After last week's 18% share price gain to CN¥19.98, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 24x in the Chemicals industry in China. Total returns to shareholders of 27% over the past three years.Major Estimate Revision • Apr 09Consensus EPS estimates fall by 12%The consensus outlook for earnings per share (EPS) in fiscal year 2026 has deteriorated. 2026 revenue forecast decreased from CN¥3.64b to CN¥3.56b. EPS estimate also fell from CN¥1.29 per share to CN¥1.13 per share. Net income forecast to grow 41% next year vs 50% growth forecast for Chemicals industry in China. Consensus price target down from CN¥16.38 to CN¥15.77. Share price was steady at CN¥17.54 over the past week.Reported Earnings • Apr 03Full year 2025 earnings released: EPS: CN¥0.81 (vs CN¥0.68 in FY 2024)Full year 2025 results: EPS: CN¥0.81 (up from CN¥0.68 in FY 2024). Revenue: CN¥3.14b (up 18% from FY 2024). Net income: CN¥326.4m (up 19% from FY 2024). Profit margin: 10% (in line with FY 2024). Revenue is forecast to grow 14% 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 35% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.お知らせ • Apr 02Jiangsu Changhai Composite Materials Co., Ltd, Annual General Meeting, Apr 28, 2026Jiangsu Changhai Composite Materials Co., Ltd, Annual General Meeting, Apr 28, 2026, at 14:30 China Standard Time. Location: The Company's Meeting Room, Changzhou, Jiangsu Chinaお知らせ • Mar 31Jiangsu Changhai Composite Materials Co., Ltd to Report Q1, 2026 Results on Apr 24, 2026Jiangsu Changhai Composite Materials Co., Ltd announced that they will report Q1, 2026 results on Apr 24, 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¥16.07, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 23x in the Chemicals industry in China. Total returns to shareholders of 6.6% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥7.39 per share.New Risk • Feb 27New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 7.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by cash flows (135% cash payout ratio). Share price has been volatile over the past 3 months (7.6% average weekly change).Valuation Update With 7 Day Price Move • Feb 25Investor sentiment improves as stock rises 17%After last week's 17% share price gain to CN¥22.10, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 27x in the Chemicals industry in China. Total returns to shareholders of 40% over the past three years.Valuation Update With 7 Day Price Move • Feb 11Investor sentiment improves as stock rises 22%After last week's 22% share price gain to CN¥20.33, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 27x in the Chemicals industry in China. Total returns to shareholders of 36% over the past three years.お知らせ • Dec 31Jiangsu Changhai Composite Materials Co., Ltd to Report Fiscal Year 2025 Results on Apr 03, 2026Jiangsu Changhai Composite Materials Co., Ltd announced that they will report fiscal year 2025 results on Apr 03, 2026Reported Earnings • Nov 03Third quarter 2025 earnings released: EPS: CN¥0.21 (vs CN¥0.20 in 3Q 2024)Third quarter 2025 results: EPS: CN¥0.21 (up from CN¥0.20 in 3Q 2024). Revenue: CN¥903.9m (up 33% from 3Q 2024). Net income: CN¥83.8m (up 4.2% from 3Q 2024). Profit margin: 9.3% (down from 12% in 3Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 15% p.a. on average during the next 3 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 41% 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.お知らせ • Sep 30Jiangsu Changhai Composite Materials Co., Ltd to Report Q3, 2025 Results on Oct 30, 2025Jiangsu Changhai Composite Materials Co., Ltd announced that they will report Q3, 2025 results on Oct 30, 2025お知らせ • Sep 16Jiangsu Changhai Composite Materials Co., Ltd Approves Interim Dividend for 2025Jiangsu Changhai Composite Materials Co. Ltd. held its 2nd Extraordinary General Meeting of 2025 on 12 September 2025, approved interim Cash dividend/10 shares (tax included): CNY1.00000000 for 2025.Reported Earnings • Aug 22Second quarter 2025 earnings released: EPS: CN¥0.23 (vs CN¥0.18 in 2Q 2024)Second quarter 2025 results: EPS: CN¥0.23 (up from CN¥0.18 in 2Q 2024). Revenue: CN¥692.5m (up 7.8% from 2Q 2024). Net income: CN¥91.5m (up 28% from 2Q 2024). Profit margin: 13% (up from 11% in 2Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Chemicals industry in China. Over the last 3 years on average, earnings per share has fallen by 44% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.Price Target Changed • Aug 21Price target increased by 11% to CN¥15.59Up from CN¥14.05, the current price target is an average from 3 analysts. New target price is approximately in line with last closing price of CN¥15.99. Stock is up 75% over the past year. The company is forecast to post earnings per share of CN¥0.99 for next year compared to CN¥0.68 last year.お知らせ • Aug 21Jiangsu Changhai Composite Materials Co., Ltd Proposes Interim Cash Dividend for 2025Jiangsu Changhai Composite Materials Co. Ltd. at its EGM held on Sepetmebr 12, 2025 proposed interim Cash dividend per 10 shares (tax included) of CNY 1.00000000 for 2025.Valuation Update With 7 Day Price Move • Aug 15Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CN¥16.59, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 23x in the Chemicals industry in China. Total returns to shareholders of 2.3% over the past three years.お知らせ • Jul 02Jiangsu Changhai Composite Materials Co., Ltd to Report First Half, 2025 Results on Aug 20, 2025Jiangsu Changhai Composite Materials Co., Ltd announced that they will report first half, 2025 results on Aug 20, 2025New Risk • Jul 01New 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 6.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (6.6% average weekly change).Valuation Update With 7 Day Price Move • Jul 01Investor sentiment improves as stock rises 22%After last week's 22% share price gain to CN¥14.64, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 22x in the Chemicals industry in China. Total loss to shareholders of 22% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥5.91 per share.Board Change • Jun 01Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. 6 highly experienced directors. Independent Director Xin Guo was the last director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.Declared Dividend • May 24Dividend increased to CN¥0.20Dividend of CN¥0.20 is 33% higher than last year. Ex-date: 29th May 2025 Payment date: 29th May 2025 Dividend yield will be 1.7%, which is lower than the industry average of 2.6%. Sustainability & Growth Dividend is covered by earnings (26% 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 15% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 108% over the next 3 years, which should provide support to the dividend and adequate earnings cover.お知らせ • Apr 22Jiangsu Changhai Composite Materials Co., Ltd Proposes Final Cash Dividend for the Year 2024Jiangsu Changhai Composite Materials Co. Ltd. announced on 21 April 2025 the profit distribution proposal for the year 2024 as final cash dividend/10 shares (tax included) of CNY 2.00000000.お知らせ • Apr 20Jiangsu Changhai Composite Materials Co., Ltd, Annual General Meeting, May 15, 2025Jiangsu Changhai Composite Materials Co., Ltd, Annual General Meeting, May 15, 2025, at 14:30 China Standard Time. Location: The Company's Meeting Room, Changzhou, Jiangsu ChinaReported Earnings • Apr 19Full year 2024 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2024 results: EPS: CN¥0.68 (down from CN¥0.72 in FY 2023). Revenue: CN¥2.66b (up 2.1% from FY 2023). Net income: CN¥274.8m (down 7.2% from FY 2023). Profit margin: 10% (down from 11% in FY 2023). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 1.0%. Earnings per share (EPS) missed analyst estimates by 16%. Revenue is forecast to grow 18% 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 fallen by 39% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings.Valuation Update With 7 Day Price Move • Apr 07Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to CN¥9.26, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 21x in the Chemicals industry in China. Total loss to shareholders of 36% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥4.34 per share.お知らせ • Mar 31Jiangsu Changhai Composite Materials Co., Ltd to Report Q1, 2025 Results on Apr 28, 2025Jiangsu Changhai Composite Materials Co., Ltd announced that they will report Q1, 2025 results on Apr 28, 2025お知らせ • Dec 31Jiangsu Changhai Composite Materials Co., Ltd to Report Fiscal Year 2024 Results on Apr 19, 2025Jiangsu Changhai Composite Materials Co., Ltd announced that they will report fiscal year 2024 results on Apr 19, 2025分析記事 • Dec 19There Are Reasons To Feel Uneasy About Jiangsu Changhai Composite Materials' (SZSE:300196) Returns On CapitalIf we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...分析記事 • Nov 14Potential Upside For Jiangsu Changhai Composite Materials Co., Ltd (SZSE:300196) Not Without RiskWhen close to half the companies in China have price-to-earnings ratios (or "P/E's") above 37x, you may consider...Price Target Changed • Oct 30Price target increased by 14% to CN¥13.55Up from CN¥11.92, the current price target is an average from 4 analysts. New target price is 11% above last closing price of CN¥12.16. Stock is down 3.2% over the past year. The company is forecast to post earnings per share of CN¥0.79 for next year compared to CN¥0.72 last year.Reported Earnings • Oct 26Third quarter 2024 earnings released: EPS: CN¥0.20 (vs CN¥0.18 in 3Q 2023)Third quarter 2024 results: EPS: CN¥0.20 (up from CN¥0.18 in 3Q 2023). Revenue: CN¥679.0m (flat on 3Q 2023). Net income: CN¥80.4m (up 3.8% from 3Q 2023). Profit margin: 12% (in line with 3Q 2023). Revenue is forecast to grow 22% 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 31% per year but the company’s share price has only fallen by 12% per year, which means it has not declined as severely as earnings.Valuation Update With 7 Day Price Move • Oct 15Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to CN¥10.94, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 16x in the Chemicals industry in China. Total loss to shareholders of 33% over the past three years.分析記事 • Oct 13At CN¥10.97, Is Jiangsu Changhai Composite Materials Co., Ltd (SZSE:300196) Worth Looking At Closely?While Jiangsu Changhai Composite Materials Co., Ltd ( SZSE:300196 ) might not have the largest market cap around , it...お知らせ • Sep 30Jiangsu Changhai Composite Materials Co., Ltd to Report Q3, 2024 Results on Oct 26, 2024Jiangsu Changhai Composite Materials Co., Ltd announced that they will report Q3, 2024 results on Oct 26, 2024Valuation Update With 7 Day Price Move • Sep 30Investor sentiment improves as stock rises 25%After last week's 25% share price gain to CN¥11.89, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 16x in the Chemicals industry in China. Total loss to shareholders of 24% over the past three years.分析記事 • Sep 27Is Jiangsu Changhai Composite Materials (SZSE:300196) Using Too Much Debt?David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...Major Estimate Revision • Aug 31Consensus EPS estimates fall by 12%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from CN¥2.98b to CN¥2.73b. EPS estimate also fell from CN¥0.848 per share to CN¥0.745 per share. Net income forecast to grow 74% next year vs 49% growth forecast for Chemicals industry in China. Consensus price target down from CN¥14.09 to CN¥11.92. Share price rose 3.1% to CN¥9.55 over the past week.Major Estimate Revision • Aug 29Consensus EPS estimates fall by 13%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from CN¥2.98b to CN¥2.79b. EPS estimate also fell from CN¥0.877 per share to CN¥0.761 per share. Net income forecast to grow 77% next year vs 45% growth forecast for Chemicals industry in China. Consensus price target down from CN¥14.09 to CN¥11.92. Share price rose 3.2% to CN¥9.41 over the past week.Price Target Changed • Aug 24Price target decreased by 14% to CN¥12.17Down from CN¥14.09, the current price target is an average from 4 analysts. New target price is 31% above last closing price of CN¥9.26. Stock is down 30% over the past year. The company is forecast to post earnings per share of CN¥0.85 for next year compared to CN¥0.72 last year.Reported Earnings • Aug 23Second quarter 2024 earnings released: EPS: CN¥0.18 (vs CN¥0.32 in 2Q 2023)Second quarter 2024 results: EPS: CN¥0.18 (down from CN¥0.32 in 2Q 2023). Revenue: CN¥642.7m (down 8.7% from 2Q 2023). Net income: CN¥71.3m (down 45% from 2Q 2023). Profit margin: 11% (down from 18% in 2Q 2023). Revenue is forecast to grow 21% 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 18% per year but the company’s share price has fallen by 23% per year, which means it is performing significantly worse than earnings.お知らせ • Jun 29Jiangsu Changhai Composite Materials Co., Ltd to Report First Half, 2024 Results on Aug 23, 2024Jiangsu Changhai Composite Materials Co., Ltd announced that they will report first half, 2024 results on Aug 23, 2024分析記事 • May 26Jiangsu Changhai Composite Materials (SZSE:300196) Is Paying Out Less In Dividends Than Last YearJiangsu Changhai Composite Materials Co., Ltd ( SZSE:300196 ) is reducing its dividend from last year's comparable...Declared Dividend • May 25Dividend reduced to CN¥0.15Dividend of CN¥0.15 is 25% lower than last year. Ex-date: 29th May 2024 Payment date: 29th May 2024 Dividend yield will be 1.3%, which is lower than the industry average of 2.6%. Sustainability & Growth Dividend is covered by earnings (23% 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 9.1% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 109% over the next 3 years, which should provide support to the dividend and adequate earnings cover.お知らせ • May 25Jiangsu Changhai Composite Materials Co., Ltd Announces Final Cash Dividend on A Shares for the Year 2023, Payable on 29 May 2024Jiangsu Changhai Composite Materials Co. Ltd. announced final cash dividend of CNY 1.50 per 10 shares (tax included) on A shares for the year 2023. Record date is 28 May 2024, Ex-date is 29 May 2024 and Payment Date is 29 May 2024.Price Target Changed • May 10Price target increased by 8.1% to CN¥14.09Up from CN¥13.03, the current price target is an average from 4 analysts. New target price is 16% above last closing price of CN¥12.13. Stock is down 12% over the past year. The company is forecast to post earnings per share of CN¥0.88 for next year compared to CN¥0.72 last year.分析記事 • Apr 21Jiangsu Changhai Composite Materials Co., Ltd Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting NowAs you might know, Jiangsu Changhai Composite Materials Co., Ltd ( SZSE:300196 ) last week released its latest...Price Target Changed • Apr 20Price target decreased by 24% to CN¥12.43Down from CN¥16.25, the current price target is an average from 3 analysts. New target price is 25% above last closing price of CN¥9.94. Stock is down 33% over the past year. The company is forecast to post earnings per share of CN¥0.79 for next year compared to CN¥0.72 last year.分析記事 • Apr 20Jiangsu Changhai Composite Materials Co., Ltd (SZSE:300196) Analysts Just Cut Their EPS Forecasts SubstantiallyThe analysts covering Jiangsu Changhai Composite Materials Co., Ltd ( SZSE:300196 ) delivered a dose of negativity to...お知らせ • Apr 19Jiangsu Changhai Composite Materials Co., Ltd, Annual General Meeting, May 10, 2024Jiangsu Changhai Composite Materials Co., Ltd, Annual General Meeting, May 10, 2024, at 14:00 China Standard Time. Location: The Company's Meeting Room, Changzhou, Jiangsu ChinaReported Earnings • Apr 18Full year 2023 earnings: EPS and revenues miss analyst expectationsFull year 2023 results: EPS: CN¥0.72 (down from CN¥2.00 in FY 2022). Revenue: CN¥2.61b (down 14% from FY 2022). Net income: CN¥296.1m (down 64% from FY 2022). Profit margin: 11% (down from 27% in FY 2022). The decrease in margin was primarily driven by lower revenue. Revenue missed analyst estimates by 6.0%. Earnings per share (EPS) also missed analyst estimates by 28%. Revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Chemicals industry in China. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has fallen by 17% per year, which means it is significantly lagging earnings.お知らせ • Mar 30Jiangsu Changhai Composite Materials Co., Ltd to Report Q1, 2024 Results on Apr 24, 2024Jiangsu Changhai Composite Materials Co., Ltd announced that they will report Q1, 2024 results on Apr 24, 2024Valuation Update With 7 Day Price Move • Feb 02Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to CN¥8.61, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 13x in the Chemicals industry in China. Total loss to shareholders of 53% over the past three years.お知らせ • Dec 30Jiangsu Changhai Composite Materials Co., Ltd to Report Fiscal Year 2023 Results on Apr 18, 2024Jiangsu Changhai Composite Materials Co., Ltd announced that they will report fiscal year 2023 results on Apr 18, 2024Major Estimate Revision • Nov 01Consensus EPS estimates fall by 12%The consensus outlook for earnings per share (EPS) in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from CN¥2.91b to CN¥2.84b. EPS estimate also fell from CN¥1.38 per share to CN¥1.21 per share. Net income forecast to grow 30% next year vs 59% growth forecast for Chemicals industry in China. Consensus price target down from CN¥19.62 to CN¥17.25. Share price fell 3.0% to CN¥12.56 over the past week.Reported Earnings • Oct 26Third quarter 2023 earnings released: EPS: CN¥0.18 (vs CN¥0.42 in 3Q 2022)Third quarter 2023 results: EPS: CN¥0.18 (down from CN¥0.42 in 3Q 2022). Revenue: CN¥680.7m (down 10% from 3Q 2022). Net income: CN¥77.4m (down 56% from 3Q 2022). Profit margin: 11% (down from 23% in 3Q 2022). The decrease in margin was primarily driven by lower revenue. Revenue is forecast to grow 23% p.a. on average during the next 3 years, compared to a 19% growth forecast for the Chemicals industry in China. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.お知らせ • Sep 30Jiangsu Changhai Composite Materials Co., Ltd to Report Q3, 2023 Results on Oct 26, 2023Jiangsu Changhai Composite Materials Co., Ltd announced that they will report Q3, 2023 results on Oct 26, 2023Major Estimate Revision • Aug 24Consensus EPS estimates fall by 19%The consensus outlook for earnings per share (EPS) in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from CN¥3.20b to CN¥2.91b. EPS estimate also fell from CN¥1.69 per share to CN¥1.38 per share. Net income forecast to grow 9.7% next year vs 52% growth forecast for Chemicals industry in China. Consensus price target down from CN¥19.92 to CN¥18.49. Share price was steady at CN¥13.37 over the past week.Price Target Changed • Aug 19Price target decreased by 7.2% to CN¥18.49Down from CN¥19.92, the current price target is an average from 3 analysts. New target price is 36% above last closing price of CN¥13.62. Stock is down 20% over the past year. The company is forecast to post earnings per share of CN¥1.44 for next year compared to CN¥2.00 last year.お知らせ • Jul 01Jiangsu Changhai Composite Materials Co., Ltd to Report First Half, 2023 Results on Aug 18, 2023Jiangsu Changhai Composite Materials Co., Ltd announced that they will report first half, 2023 results on Aug 18, 2023お知らせ • May 19Jiangsu Changhai Composite Materials Co., Ltd Announces 2022 Final Profit Distribution Plan to Be Implemented (A Shares), Payment Date of 24 May 2023Jiangsu Changhai Composite Materials Co. Ltd. announced 2022 final profit distribution plan to be implemented (A shares): Cash dividend/10 shares (tax included): CNY 2.00000000. Record date: 23 May 2023, Ex-date: 24 May 2023 and Payment date: 24 May 2023. 10% withholding tax on cash dividend will be deducted in CNY within the cash dividend receivable. Please refer to below details: Tax on cash dividend/10 shares: CNY0.20000000(10% x CNY2.00000000) Net cash dividend/10 shares after tax: CNY1.80000000(CNY2.00000000- CNY0.20000000).Reported Earnings • Apr 12Full year 2022 earnings: EPS and revenues exceed analyst expectationsFull year 2022 results: EPS: CN¥2.00 (up from CN¥1.40 in FY 2021). Revenue: CN¥3.02b (up 20% from FY 2021). Net income: CN¥817.3m (up 43% from FY 2021). Profit margin: 27% (up from 23% in FY 2021). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.5%. Earnings per share (EPS) also surpassed analyst estimates by 3.3%. Revenue is forecast to grow 19% p.a. on average during the next 2 years, compared to a 18% growth forecast for the Chemicals industry in China. Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth.Price Target Changed • Mar 18Price target decreased by 7.9% to CN¥20.50Down from CN¥22.27, the current price target is provided by 1 analyst. New target price is 31% above last closing price of CN¥15.69. Stock is up 3.1% over the past year. The company is forecast to post earnings per share of CN¥1.81 for next year compared to CN¥1.40 last year.Reported Earnings • Oct 25Third quarter 2022 earnings released: EPS: CN¥0.42 (vs CN¥0.40 in 3Q 2021)Third quarter 2022 results: EPS: CN¥0.42 (up from CN¥0.40 in 3Q 2021). Revenue: CN¥759.3m (up 16% from 3Q 2021). Net income: CN¥174.2m (up 8.0% from 3Q 2021). Profit margin: 23% (down from 25% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 23% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Chemicals industry in China. 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 18% per year, which means it is significantly lagging earnings growth.Price Target Changed • Oct 22Price target increased to CN¥22.27Up from CN¥19.70, the current price target is an average from 2 analysts. New target price is 60% above last closing price of CN¥13.89. Stock is down 21% over the past year. The company is forecast to post earnings per share of CN¥1.73 for next year compared to CN¥1.40 last year.Reported Earnings • Aug 18Second quarter 2022 earnings released: EPS: CN¥0.49 (vs CN¥0.37 in 2Q 2021)Second quarter 2022 results: EPS: CN¥0.49 (up from CN¥0.37 in 2Q 2021). Revenue: CN¥783.0m (up 25% from 2Q 2021). Net income: CN¥200.1m (up 30% from 2Q 2021). Profit margin: 26% (up from 25% in 2Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 30%, compared to a 41% growth forecast for the Chemicals industry in China. Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has only increased by 24% per year, which means it is significantly lagging earnings growth.Board Change • Jun 01High number of new directorsIndependent Director Xin Guo was the last director to join the board, commencing their role in 2022.お知らせ • May 14+ 1 more updateJiangsu Changhai Composite Materials Co., Ltd Approves Cash Dividend for 2021Jiangsu Changhai Composite Materials Co. Ltd. announced that at its AGM held on 11 May 2022, the shareholders approved profit distribution for 2021 of cash dividend/10 shares (tax included): CNY 1.50000000.Valuation Update With 7 Day Price Move • May 03Investor sentiment improved over the past weekAfter last week's 28% share price gain to CN¥16.70, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 14x in the Chemicals industry in China. Total returns to shareholders of 93% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥7.88 per share.Price Target Changed • Apr 27Price target decreased to CN¥19.70Down from CN¥24.66, the current price target is an average from 4 analysts. New target price is 26% above last closing price of CN¥15.66. Stock is down 12% over the past year. The company is forecast to post earnings per share of CN¥1.71 for next year compared to CN¥1.40 last year.お知らせ • Apr 24Jiangsu Changhai Composite Materials Co., Ltd, Annual General Meeting, May 11, 2022Jiangsu Changhai Composite Materials Co., Ltd, Annual General Meeting, May 11, 2022, at 10:00 China Standard Time. Agenda: To consider the 2021 annual report and its summary; to consider the 2021 work report of the board of directors; to consider the 2021 work report of the supervisory committee; to consider the 2021 annual accounts; to consider the 2021 profit distribution plan; to consider the reappointment of audit firm; to consider the 2022 application for comprehensive credit line to banks; to consider the shareholder return plan for the next three years from 2022 to 2024; to consider the amendments to the Company's articles of association; Amendments to the work rules for independent directors; to consider the amendments to the external guarantee decision-making system; to consider the election and nomination of non-independent directors; to consider the election and nomination of independent directors; to consider the election and nomination of non-employee supervisors; and to consider the other matters.お知らせ • Apr 22Jiangsu Changhai Composite Materials Co., Ltd Proposes Dividend for 2021Jiangsu Changhai Composite Materials Co. Ltd. announced on 21 April 2022 the profit distribution proposal for 2021 as follows: Cash dividend/10 shares (tax included) of CNY 1.50000000.Reported Earnings • Apr 21Full year 2021 earnings: EPS and revenues miss analyst expectationsFull year 2021 results: EPS: CN¥1.40 (up from CN¥0.66 in FY 2020). Revenue: CN¥2.51b (up 23% from FY 2020). Net income: CN¥572.4m (up 112% from FY 2020). Profit margin: 23% (up from 13% in FY 2020). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 10%. Earnings per share (EPS) also missed analyst estimates by 7.5%. Over the next year, revenue is forecast to grow 43%, compared to a 47% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth.Reported Earnings • Oct 28Third quarter 2021 earnings released: EPS CN¥0.40 (vs CN¥0.18 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: CN¥654.8m (up 15% from 3Q 2020). Net income: CN¥161.4m (up 123% from 3Q 2020). Profit margin: 25% (up from 13% in 3Q 2020). The increase in margin was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has increased by 31% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • Sep 24Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to CN¥17.94, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 22x in the Chemicals industry in China. Total returns to shareholders of 95% over the past three years.Valuation Update With 7 Day Price Move • Sep 08Investor sentiment improved over the past weekAfter last week's 16% share price gain to CN¥22.84, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 21x in the Chemicals industry in China. Total returns to shareholders of 148% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥36.92 per share.Price Target Changed • Aug 24Price target increased to CN¥25.93Up from CN¥21.50, the current price target is an average from 5 analysts. New target price is 24% above last closing price of CN¥20.88. Stock is up 36% over the past year.Reported Earnings • Aug 22Second quarter 2021 earnings released: EPS CN¥0.37 (vs CN¥0.16 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CN¥624.3m (up 22% from 2Q 2020). Net income: CN¥153.5m (up 127% from 2Q 2020). Profit margin: 25% (up from 13% 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 13% per year but the company’s share price has increased by 22% per year, which means it is tracking significantly ahead of earnings growth.Reported Earnings • Apr 27First quarter 2021 earnings released: EPS CN¥0.26 (vs CN¥0.14 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: CN¥554.2m (up 40% from 1Q 2020). Net income: CN¥106.1m (up 89% from 1Q 2020). Profit margin: 19% (up from 14% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has increased by 19% per year, which means it is tracking significantly ahead of earnings growth.Major Estimate Revision • Apr 17Consensus forecasts updatedThe consensus outlook for 2021 has been updated. 2021 EPS estimate increased from CN¥1.01 to CN¥1.11. Revenue forecast steady at CN¥2.79b. Net income forecast to grow 68% next year vs 51% growth forecast for Chemicals industry in China. Consensus price target up from CN¥20.20 to CN¥21.50. Share price was steady at CN¥16.78 over the past week.Reported Earnings • Apr 11Full year 2020 earnings released: EPS CN¥0.66 (vs CN¥0.71 in FY 2019)The company reported a poor full year result with weaker earnings and revenues, although profit margins were flat. Full year 2020 results: Revenue: CN¥2.04b (down 7.6% from FY 2019). Net income: CN¥270.7m (down 6.5% from FY 2019). Profit margin: 13% (in line with FY 2019). Over the last 3 years on average, earnings per share has increased by 12% per year whereas the company’s share price has increased by 14% per year.お知らせ • Feb 24Jiangsu Changhai Composite Materials Co., Ltd to Report Fiscal Year 2020 Results on Apr 10, 2021Jiangsu Changhai Composite Materials Co., Ltd announced that they will report fiscal year 2020 results on Apr 10, 2021Valuation Update With 7 Day Price Move • Jan 29Investor sentiment improved over the past weekAfter last week's 19% share price gain to CN¥19.88, the stock is trading at a trailing P/E ratio of 32.1x, up from the previous P/E ratio of 26.9x. This compares to an average P/E of 35x in the Chemicals industry in China. Total returns to shareholders over the past three years are 101%.Is New 90 Day High Low • Jan 28New 90-day high: CN¥18.81The company is up 55% from its price of CN¥12.11 on 30 October 2020. The Chinese market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Chemicals industry, which is up 23% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥9.23 per share.Is New 90 Day High Low • Jan 08New 90-day high: CN¥18.67The company is up 25% from its price of CN¥14.99 on 09 October 2020. The Chinese market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Chemicals industry, which is up 15% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥9.19 per share.Is New 90 Day High Low • Dec 17New 90-day high: CN¥16.18The company is up 7.0% from its price of CN¥15.12 on 18 September 2020. The Chinese market is up 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Chemicals industry, which is up 5.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥9.24 per share.Reported Earnings • Oct 28Third quarter earnings releasedOver the last 12 months the company has reported total profits of CN¥251.0m, down 17% from the prior year. Total revenue was CN¥2.02b over the last 12 months, down 11% from the prior year.Is New 90 Day High Low • Oct 26New 90-day low: CN¥13.14The company is down 1.0% from its price of CN¥13.28 on 28 July 2020. The Chinese market is up 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 7.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥10.47 per share.お知らせ • Oct 20Jiangsu Changhai Composite Materials Co., Ltd to Report Q3, 2020 Results on Oct 28, 2020Jiangsu Changhai Composite Materials Co., Ltd announced that they will report Q3, 2020 results on Oct 28, 2020お知らせ • Jul 25Jiangsu Changhai Composite Materials Co., Ltd to Report First Half, 2020 Results on Aug 21, 2020Jiangsu Changhai Composite Materials Co., Ltd announced that they will report first half, 2020 results on Aug 21, 2020株主還元300196CN ChemicalsCN 市場7D0.2%1.3%0.09%1Y14.3%24.9%9.3%株主還元を見る業界別リターン: 300196過去 1 年間で24.9 % 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: 300196過去 1 年間で9.3 % の収益を上げたCN市場を上回りました。価格変動Is 300196's price volatile compared to industry and market?300196 volatility300196 Average Weekly Movement14.1%Chemicals Industry Average Movement8.0%Market Average Movement7.4%10% most volatile stocks in CN Market12.6%10% least volatile stocks in CN Market4.4%安定した株価: 300196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: 300196の weekly volatility ( 14% ) 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20003,071Peng Wei Yangwww.changhaigfrp.com江蘇長海複合材料有限公司は、ガラス繊維製品とガラス繊維複合材料の科学的研究、開発、生産、販売に従事している。フェルトヤーン、透明ボードヤーン、グラスファイバー連続パイプ、SMCシートヤーン、テキスタイルダイレクトヤーン、チョップドファイバー、ダイレクトヤーン、ジェットヤーン、ルーフヤーン、プライヤーン、プライタイプ引抜ヤーン、グラスファイバーチョップドストランドマットヤーン、グラスファイバーウェットチョップドストランドなどのグラスファイバー糸を提供している。また、ガラス繊維チョップドストランドマット、ガラス繊維ウェットマット、ガラス繊維織物、ガラス繊維コーティングマット、ガラス繊維パーティション、ガラス繊維連続マット、ガラス繊維メッシュなどのガラス繊維製品、熱可塑性ガラス繊維、連続繊維強化熱可塑性プリプレグテープ、強化ポリプロピレン複合ボード、熱可塑性ガラス繊維、熱可塑性ハニカム複合パネル、熱可塑性発泡断熱複合ボードなどの熱可塑性ガラス繊維およびその製品、風力発電および太陽光発電用ガラス繊維も提供している。不飽和ポリエステル樹脂の製造、メチルエチルケトンパーオキサイド、FRP製品、化学原料、ガラス繊維原料の販売、FRPおよびその原料・副資材の試験、技術指導、コンサルティングサービスなどを手掛ける。中国、北米、南米、ヨーロッパ、中東、東南アジア、オセアニア、アフリカ、国際的に製品を販売している。江蘇常海複合材料有限公司は2000年に設立され、中国常州市に拠点を置く。もっと見るJiangsu Changhai Composite Materials Co., Ltd 基礎のまとめJiangsu Changhai Composite Materials の収益と売上を時価総額と比較するとどうか。300196 基礎統計学時価総額CN¥6.41b収益（TTM）CN¥325.32m売上高(TTM)CN¥3.11b19.7xPER（株価収益率2.1xP/Sレシオ300196 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300196 損益計算書（TTM）収益CN¥3.11b売上原価CN¥2.36b売上総利益CN¥747.87mその他の費用CN¥422.55m収益CN¥325.32m直近の収益報告Mar 31, 2026次回決算日Aug 22, 2026一株当たり利益（EPS）0.81グロス・マージン24.05%純利益率10.46%有利子負債／自己資本比率32.7%300196 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2.8%現在の配当利回り56%配当性向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2026/08/01 09:12終値2026/07/31 00:00収益2026/03/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレークこのレポートを生成するために使用した分析モデルの詳細は、当社のGitHubページでご覧いただけます。また、レポートの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Jiangsu Changhai Composite Materials Co., Ltd 1 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。8 アナリスト機関Jingru MaBohai Securities Co., Ltd.Jiachen LiuChina International Capital Corporation LimitedMingxin SunCitic Securities Co., Ltd.5 その他のアナリストを表示
Valuation Update With 7 Day Price Move • Jul 17Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to CN¥17.10, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 18x in the Chemicals industry in China. Total returns to shareholders of 26% over the past three years.
Valuation Update With 7 Day Price Move • Jul 02Investor sentiment deteriorates as stock falls 23%After last week's 23% share price decline to CN¥24.71, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 21x in the Chemicals industry in China. Total returns to shareholders of 89% over the past three years.
お知らせ • Jun 30Jiangsu Changhai Composite Materials Co., Ltd to Report First Half, 2026 Results on Aug 22, 2026Jiangsu Changhai Composite Materials Co., Ltd announced that they will report first half, 2026 results on Aug 22, 2026
Valuation Update With 7 Day Price Move • Jun 08Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to CN¥22.18, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 20x in the Chemicals industry in China. Total returns to shareholders of 71% over the past three years.
Valuation Update With 7 Day Price Move • May 25Investor sentiment improves as stock rises 22%After last week's 22% share price gain to CN¥23.92, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 21x in the Chemicals industry in China. Total returns to shareholders of 84% over the past three years.
New Risk • May 06New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Chinese stocks, typically moving 9.8% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (9.8% average weekly change). Minor Risk Paying a dividend despite having no free cash flows.
Valuation Update With 7 Day Price Move • Jul 17Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to CN¥17.10, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 18x in the Chemicals industry in China. Total returns to shareholders of 26% over the past three years.
Valuation Update With 7 Day Price Move • Jul 02Investor sentiment deteriorates as stock falls 23%After last week's 23% share price decline to CN¥24.71, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 21x in the Chemicals industry in China. Total returns to shareholders of 89% over the past three years.
お知らせ • Jun 30Jiangsu Changhai Composite Materials Co., Ltd to Report First Half, 2026 Results on Aug 22, 2026Jiangsu Changhai Composite Materials Co., Ltd announced that they will report first half, 2026 results on Aug 22, 2026
Valuation Update With 7 Day Price Move • Jun 08Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to CN¥22.18, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 20x in the Chemicals industry in China. Total returns to shareholders of 71% over the past three years.
Valuation Update With 7 Day Price Move • May 25Investor sentiment improves as stock rises 22%After last week's 22% share price gain to CN¥23.92, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 21x in the Chemicals industry in China. Total returns to shareholders of 84% over the past three years.
New Risk • May 06New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Chinese stocks, typically moving 9.8% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (9.8% average weekly change). Minor Risk Paying a dividend despite having no free cash flows.
Valuation Update With 7 Day Price Move • Apr 14Investor sentiment improves as stock rises 18%After last week's 18% share price gain to CN¥19.98, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 24x in the Chemicals industry in China. Total returns to shareholders of 27% over the past three years.
Major Estimate Revision • Apr 09Consensus EPS estimates fall by 12%The consensus outlook for earnings per share (EPS) in fiscal year 2026 has deteriorated. 2026 revenue forecast decreased from CN¥3.64b to CN¥3.56b. EPS estimate also fell from CN¥1.29 per share to CN¥1.13 per share. Net income forecast to grow 41% next year vs 50% growth forecast for Chemicals industry in China. Consensus price target down from CN¥16.38 to CN¥15.77. Share price was steady at CN¥17.54 over the past week.
Reported Earnings • Apr 03Full year 2025 earnings released: EPS: CN¥0.81 (vs CN¥0.68 in FY 2024)Full year 2025 results: EPS: CN¥0.81 (up from CN¥0.68 in FY 2024). Revenue: CN¥3.14b (up 18% from FY 2024). Net income: CN¥326.4m (up 19% from FY 2024). Profit margin: 10% (in line with FY 2024). Revenue is forecast to grow 14% 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 35% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.
お知らせ • Apr 02Jiangsu Changhai Composite Materials Co., Ltd, Annual General Meeting, Apr 28, 2026Jiangsu Changhai Composite Materials Co., Ltd, Annual General Meeting, Apr 28, 2026, at 14:30 China Standard Time. Location: The Company's Meeting Room, Changzhou, Jiangsu China
お知らせ • Mar 31Jiangsu Changhai Composite Materials Co., Ltd to Report Q1, 2026 Results on Apr 24, 2026Jiangsu Changhai Composite Materials Co., Ltd announced that they will report Q1, 2026 results on Apr 24, 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¥16.07, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 23x in the Chemicals industry in China. Total returns to shareholders of 6.6% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥7.39 per share.
New Risk • Feb 27New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 7.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by cash flows (135% cash payout ratio). Share price has been volatile over the past 3 months (7.6% average weekly change).
Valuation Update With 7 Day Price Move • Feb 25Investor sentiment improves as stock rises 17%After last week's 17% share price gain to CN¥22.10, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 27x in the Chemicals industry in China. Total returns to shareholders of 40% over the past three years.
Valuation Update With 7 Day Price Move • Feb 11Investor sentiment improves as stock rises 22%After last week's 22% share price gain to CN¥20.33, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 27x in the Chemicals industry in China. Total returns to shareholders of 36% over the past three years.
お知らせ • Dec 31Jiangsu Changhai Composite Materials Co., Ltd to Report Fiscal Year 2025 Results on Apr 03, 2026Jiangsu Changhai Composite Materials Co., Ltd announced that they will report fiscal year 2025 results on Apr 03, 2026
Reported Earnings • Nov 03Third quarter 2025 earnings released: EPS: CN¥0.21 (vs CN¥0.20 in 3Q 2024)Third quarter 2025 results: EPS: CN¥0.21 (up from CN¥0.20 in 3Q 2024). Revenue: CN¥903.9m (up 33% from 3Q 2024). Net income: CN¥83.8m (up 4.2% from 3Q 2024). Profit margin: 9.3% (down from 12% in 3Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 15% p.a. on average during the next 3 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 41% 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.
お知らせ • Sep 30Jiangsu Changhai Composite Materials Co., Ltd to Report Q3, 2025 Results on Oct 30, 2025Jiangsu Changhai Composite Materials Co., Ltd announced that they will report Q3, 2025 results on Oct 30, 2025
お知らせ • Sep 16Jiangsu Changhai Composite Materials Co., Ltd Approves Interim Dividend for 2025Jiangsu Changhai Composite Materials Co. Ltd. held its 2nd Extraordinary General Meeting of 2025 on 12 September 2025, approved interim Cash dividend/10 shares (tax included): CNY1.00000000 for 2025.
Reported Earnings • Aug 22Second quarter 2025 earnings released: EPS: CN¥0.23 (vs CN¥0.18 in 2Q 2024)Second quarter 2025 results: EPS: CN¥0.23 (up from CN¥0.18 in 2Q 2024). Revenue: CN¥692.5m (up 7.8% from 2Q 2024). Net income: CN¥91.5m (up 28% from 2Q 2024). Profit margin: 13% (up from 11% in 2Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Chemicals industry in China. Over the last 3 years on average, earnings per share has fallen by 44% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.
Price Target Changed • Aug 21Price target increased by 11% to CN¥15.59Up from CN¥14.05, the current price target is an average from 3 analysts. New target price is approximately in line with last closing price of CN¥15.99. Stock is up 75% over the past year. The company is forecast to post earnings per share of CN¥0.99 for next year compared to CN¥0.68 last year.
お知らせ • Aug 21Jiangsu Changhai Composite Materials Co., Ltd Proposes Interim Cash Dividend for 2025Jiangsu Changhai Composite Materials Co. Ltd. at its EGM held on Sepetmebr 12, 2025 proposed interim Cash dividend per 10 shares (tax included) of CNY 1.00000000 for 2025.
Valuation Update With 7 Day Price Move • Aug 15Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CN¥16.59, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 23x in the Chemicals industry in China. Total returns to shareholders of 2.3% over the past three years.
お知らせ • Jul 02Jiangsu Changhai Composite Materials Co., Ltd to Report First Half, 2025 Results on Aug 20, 2025Jiangsu Changhai Composite Materials Co., Ltd announced that they will report first half, 2025 results on Aug 20, 2025
New Risk • Jul 01New 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 6.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (6.6% average weekly change).
Valuation Update With 7 Day Price Move • Jul 01Investor sentiment improves as stock rises 22%After last week's 22% share price gain to CN¥14.64, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 22x in the Chemicals industry in China. Total loss to shareholders of 22% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥5.91 per share.
Board Change • Jun 01Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. 6 highly experienced directors. Independent Director Xin Guo was the last director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.
Declared Dividend • May 24Dividend increased to CN¥0.20Dividend of CN¥0.20 is 33% higher than last year. Ex-date: 29th May 2025 Payment date: 29th May 2025 Dividend yield will be 1.7%, which is lower than the industry average of 2.6%. Sustainability & Growth Dividend is covered by earnings (26% 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 15% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 108% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
お知らせ • Apr 22Jiangsu Changhai Composite Materials Co., Ltd Proposes Final Cash Dividend for the Year 2024Jiangsu Changhai Composite Materials Co. Ltd. announced on 21 April 2025 the profit distribution proposal for the year 2024 as final cash dividend/10 shares (tax included) of CNY 2.00000000.
お知らせ • Apr 20Jiangsu Changhai Composite Materials Co., Ltd, Annual General Meeting, May 15, 2025Jiangsu Changhai Composite Materials Co., Ltd, Annual General Meeting, May 15, 2025, at 14:30 China Standard Time. Location: The Company's Meeting Room, Changzhou, Jiangsu China
Reported Earnings • Apr 19Full year 2024 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2024 results: EPS: CN¥0.68 (down from CN¥0.72 in FY 2023). Revenue: CN¥2.66b (up 2.1% from FY 2023). Net income: CN¥274.8m (down 7.2% from FY 2023). Profit margin: 10% (down from 11% in FY 2023). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 1.0%. Earnings per share (EPS) missed analyst estimates by 16%. Revenue is forecast to grow 18% 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 fallen by 39% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings.
Valuation Update With 7 Day Price Move • Apr 07Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to CN¥9.26, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 21x in the Chemicals industry in China. Total loss to shareholders of 36% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥4.34 per share.
お知らせ • Mar 31Jiangsu Changhai Composite Materials Co., Ltd to Report Q1, 2025 Results on Apr 28, 2025Jiangsu Changhai Composite Materials Co., Ltd announced that they will report Q1, 2025 results on Apr 28, 2025
お知らせ • Dec 31Jiangsu Changhai Composite Materials Co., Ltd to Report Fiscal Year 2024 Results on Apr 19, 2025Jiangsu Changhai Composite Materials Co., Ltd announced that they will report fiscal year 2024 results on Apr 19, 2025
分析記事 • Dec 19There Are Reasons To Feel Uneasy About Jiangsu Changhai Composite Materials' (SZSE:300196) Returns On CapitalIf we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
分析記事 • Nov 14Potential Upside For Jiangsu Changhai Composite Materials Co., Ltd (SZSE:300196) Not Without RiskWhen close to half the companies in China have price-to-earnings ratios (or "P/E's") above 37x, you may consider...
Price Target Changed • Oct 30Price target increased by 14% to CN¥13.55Up from CN¥11.92, the current price target is an average from 4 analysts. New target price is 11% above last closing price of CN¥12.16. Stock is down 3.2% over the past year. The company is forecast to post earnings per share of CN¥0.79 for next year compared to CN¥0.72 last year.
Reported Earnings • Oct 26Third quarter 2024 earnings released: EPS: CN¥0.20 (vs CN¥0.18 in 3Q 2023)Third quarter 2024 results: EPS: CN¥0.20 (up from CN¥0.18 in 3Q 2023). Revenue: CN¥679.0m (flat on 3Q 2023). Net income: CN¥80.4m (up 3.8% from 3Q 2023). Profit margin: 12% (in line with 3Q 2023). Revenue is forecast to grow 22% 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 31% per year but the company’s share price has only fallen by 12% per year, which means it has not declined as severely as earnings.
Valuation Update With 7 Day Price Move • Oct 15Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to CN¥10.94, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 16x in the Chemicals industry in China. Total loss to shareholders of 33% over the past three years.
分析記事 • Oct 13At CN¥10.97, Is Jiangsu Changhai Composite Materials Co., Ltd (SZSE:300196) Worth Looking At Closely?While Jiangsu Changhai Composite Materials Co., Ltd ( SZSE:300196 ) might not have the largest market cap around , it...
お知らせ • Sep 30Jiangsu Changhai Composite Materials Co., Ltd to Report Q3, 2024 Results on Oct 26, 2024Jiangsu Changhai Composite Materials Co., Ltd announced that they will report Q3, 2024 results on Oct 26, 2024
Valuation Update With 7 Day Price Move • Sep 30Investor sentiment improves as stock rises 25%After last week's 25% share price gain to CN¥11.89, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 16x in the Chemicals industry in China. Total loss to shareholders of 24% over the past three years.
分析記事 • Sep 27Is Jiangsu Changhai Composite Materials (SZSE:300196) Using Too Much Debt?David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Major Estimate Revision • Aug 31Consensus EPS estimates fall by 12%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from CN¥2.98b to CN¥2.73b. EPS estimate also fell from CN¥0.848 per share to CN¥0.745 per share. Net income forecast to grow 74% next year vs 49% growth forecast for Chemicals industry in China. Consensus price target down from CN¥14.09 to CN¥11.92. Share price rose 3.1% to CN¥9.55 over the past week.
Major Estimate Revision • Aug 29Consensus EPS estimates fall by 13%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from CN¥2.98b to CN¥2.79b. EPS estimate also fell from CN¥0.877 per share to CN¥0.761 per share. Net income forecast to grow 77% next year vs 45% growth forecast for Chemicals industry in China. Consensus price target down from CN¥14.09 to CN¥11.92. Share price rose 3.2% to CN¥9.41 over the past week.
Price Target Changed • Aug 24Price target decreased by 14% to CN¥12.17Down from CN¥14.09, the current price target is an average from 4 analysts. New target price is 31% above last closing price of CN¥9.26. Stock is down 30% over the past year. The company is forecast to post earnings per share of CN¥0.85 for next year compared to CN¥0.72 last year.
Reported Earnings • Aug 23Second quarter 2024 earnings released: EPS: CN¥0.18 (vs CN¥0.32 in 2Q 2023)Second quarter 2024 results: EPS: CN¥0.18 (down from CN¥0.32 in 2Q 2023). Revenue: CN¥642.7m (down 8.7% from 2Q 2023). Net income: CN¥71.3m (down 45% from 2Q 2023). Profit margin: 11% (down from 18% in 2Q 2023). Revenue is forecast to grow 21% 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 18% per year but the company’s share price has fallen by 23% per year, which means it is performing significantly worse than earnings.
お知らせ • Jun 29Jiangsu Changhai Composite Materials Co., Ltd to Report First Half, 2024 Results on Aug 23, 2024Jiangsu Changhai Composite Materials Co., Ltd announced that they will report first half, 2024 results on Aug 23, 2024
分析記事 • May 26Jiangsu Changhai Composite Materials (SZSE:300196) Is Paying Out Less In Dividends Than Last YearJiangsu Changhai Composite Materials Co., Ltd ( SZSE:300196 ) is reducing its dividend from last year's comparable...
Declared Dividend • May 25Dividend reduced to CN¥0.15Dividend of CN¥0.15 is 25% lower than last year. Ex-date: 29th May 2024 Payment date: 29th May 2024 Dividend yield will be 1.3%, which is lower than the industry average of 2.6%. Sustainability & Growth Dividend is covered by earnings (23% 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 9.1% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 109% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
お知らせ • May 25Jiangsu Changhai Composite Materials Co., Ltd Announces Final Cash Dividend on A Shares for the Year 2023, Payable on 29 May 2024Jiangsu Changhai Composite Materials Co. Ltd. announced final cash dividend of CNY 1.50 per 10 shares (tax included) on A shares for the year 2023. Record date is 28 May 2024, Ex-date is 29 May 2024 and Payment Date is 29 May 2024.
Price Target Changed • May 10Price target increased by 8.1% to CN¥14.09Up from CN¥13.03, the current price target is an average from 4 analysts. New target price is 16% above last closing price of CN¥12.13. Stock is down 12% over the past year. The company is forecast to post earnings per share of CN¥0.88 for next year compared to CN¥0.72 last year.
分析記事 • Apr 21Jiangsu Changhai Composite Materials Co., Ltd Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting NowAs you might know, Jiangsu Changhai Composite Materials Co., Ltd ( SZSE:300196 ) last week released its latest...
Price Target Changed • Apr 20Price target decreased by 24% to CN¥12.43Down from CN¥16.25, the current price target is an average from 3 analysts. New target price is 25% above last closing price of CN¥9.94. Stock is down 33% over the past year. The company is forecast to post earnings per share of CN¥0.79 for next year compared to CN¥0.72 last year.
分析記事 • Apr 20Jiangsu Changhai Composite Materials Co., Ltd (SZSE:300196) Analysts Just Cut Their EPS Forecasts SubstantiallyThe analysts covering Jiangsu Changhai Composite Materials Co., Ltd ( SZSE:300196 ) delivered a dose of negativity to...
お知らせ • Apr 19Jiangsu Changhai Composite Materials Co., Ltd, Annual General Meeting, May 10, 2024Jiangsu Changhai Composite Materials Co., Ltd, Annual General Meeting, May 10, 2024, at 14:00 China Standard Time. Location: The Company's Meeting Room, Changzhou, Jiangsu China
Reported Earnings • Apr 18Full year 2023 earnings: EPS and revenues miss analyst expectationsFull year 2023 results: EPS: CN¥0.72 (down from CN¥2.00 in FY 2022). Revenue: CN¥2.61b (down 14% from FY 2022). Net income: CN¥296.1m (down 64% from FY 2022). Profit margin: 11% (down from 27% in FY 2022). The decrease in margin was primarily driven by lower revenue. Revenue missed analyst estimates by 6.0%. Earnings per share (EPS) also missed analyst estimates by 28%. Revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Chemicals industry in China. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has fallen by 17% per year, which means it is significantly lagging earnings.
お知らせ • Mar 30Jiangsu Changhai Composite Materials Co., Ltd to Report Q1, 2024 Results on Apr 24, 2024Jiangsu Changhai Composite Materials Co., Ltd announced that they will report Q1, 2024 results on Apr 24, 2024
Valuation Update With 7 Day Price Move • Feb 02Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to CN¥8.61, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 13x in the Chemicals industry in China. Total loss to shareholders of 53% over the past three years.
お知らせ • Dec 30Jiangsu Changhai Composite Materials Co., Ltd to Report Fiscal Year 2023 Results on Apr 18, 2024Jiangsu Changhai Composite Materials Co., Ltd announced that they will report fiscal year 2023 results on Apr 18, 2024
Major Estimate Revision • Nov 01Consensus EPS estimates fall by 12%The consensus outlook for earnings per share (EPS) in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from CN¥2.91b to CN¥2.84b. EPS estimate also fell from CN¥1.38 per share to CN¥1.21 per share. Net income forecast to grow 30% next year vs 59% growth forecast for Chemicals industry in China. Consensus price target down from CN¥19.62 to CN¥17.25. Share price fell 3.0% to CN¥12.56 over the past week.
Reported Earnings • Oct 26Third quarter 2023 earnings released: EPS: CN¥0.18 (vs CN¥0.42 in 3Q 2022)Third quarter 2023 results: EPS: CN¥0.18 (down from CN¥0.42 in 3Q 2022). Revenue: CN¥680.7m (down 10% from 3Q 2022). Net income: CN¥77.4m (down 56% from 3Q 2022). Profit margin: 11% (down from 23% in 3Q 2022). The decrease in margin was primarily driven by lower revenue. Revenue is forecast to grow 23% p.a. on average during the next 3 years, compared to a 19% growth forecast for the Chemicals industry in China. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.
お知らせ • Sep 30Jiangsu Changhai Composite Materials Co., Ltd to Report Q3, 2023 Results on Oct 26, 2023Jiangsu Changhai Composite Materials Co., Ltd announced that they will report Q3, 2023 results on Oct 26, 2023
Major Estimate Revision • Aug 24Consensus EPS estimates fall by 19%The consensus outlook for earnings per share (EPS) in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from CN¥3.20b to CN¥2.91b. EPS estimate also fell from CN¥1.69 per share to CN¥1.38 per share. Net income forecast to grow 9.7% next year vs 52% growth forecast for Chemicals industry in China. Consensus price target down from CN¥19.92 to CN¥18.49. Share price was steady at CN¥13.37 over the past week.
Price Target Changed • Aug 19Price target decreased by 7.2% to CN¥18.49Down from CN¥19.92, the current price target is an average from 3 analysts. New target price is 36% above last closing price of CN¥13.62. Stock is down 20% over the past year. The company is forecast to post earnings per share of CN¥1.44 for next year compared to CN¥2.00 last year.
お知らせ • Jul 01Jiangsu Changhai Composite Materials Co., Ltd to Report First Half, 2023 Results on Aug 18, 2023Jiangsu Changhai Composite Materials Co., Ltd announced that they will report first half, 2023 results on Aug 18, 2023
お知らせ • May 19Jiangsu Changhai Composite Materials Co., Ltd Announces 2022 Final Profit Distribution Plan to Be Implemented (A Shares), Payment Date of 24 May 2023Jiangsu Changhai Composite Materials Co. Ltd. announced 2022 final profit distribution plan to be implemented (A shares): Cash dividend/10 shares (tax included): CNY 2.00000000. Record date: 23 May 2023, Ex-date: 24 May 2023 and Payment date: 24 May 2023. 10% withholding tax on cash dividend will be deducted in CNY within the cash dividend receivable. Please refer to below details: Tax on cash dividend/10 shares: CNY0.20000000(10% x CNY2.00000000) Net cash dividend/10 shares after tax: CNY1.80000000(CNY2.00000000- CNY0.20000000).
Reported Earnings • Apr 12Full year 2022 earnings: EPS and revenues exceed analyst expectationsFull year 2022 results: EPS: CN¥2.00 (up from CN¥1.40 in FY 2021). Revenue: CN¥3.02b (up 20% from FY 2021). Net income: CN¥817.3m (up 43% from FY 2021). Profit margin: 27% (up from 23% in FY 2021). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.5%. Earnings per share (EPS) also surpassed analyst estimates by 3.3%. Revenue is forecast to grow 19% p.a. on average during the next 2 years, compared to a 18% growth forecast for the Chemicals industry in China. Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth.
Price Target Changed • Mar 18Price target decreased by 7.9% to CN¥20.50Down from CN¥22.27, the current price target is provided by 1 analyst. New target price is 31% above last closing price of CN¥15.69. Stock is up 3.1% over the past year. The company is forecast to post earnings per share of CN¥1.81 for next year compared to CN¥1.40 last year.
Reported Earnings • Oct 25Third quarter 2022 earnings released: EPS: CN¥0.42 (vs CN¥0.40 in 3Q 2021)Third quarter 2022 results: EPS: CN¥0.42 (up from CN¥0.40 in 3Q 2021). Revenue: CN¥759.3m (up 16% from 3Q 2021). Net income: CN¥174.2m (up 8.0% from 3Q 2021). Profit margin: 23% (down from 25% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 23% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Chemicals industry in China. 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 18% per year, which means it is significantly lagging earnings growth.
Price Target Changed • Oct 22Price target increased to CN¥22.27Up from CN¥19.70, the current price target is an average from 2 analysts. New target price is 60% above last closing price of CN¥13.89. Stock is down 21% over the past year. The company is forecast to post earnings per share of CN¥1.73 for next year compared to CN¥1.40 last year.
Reported Earnings • Aug 18Second quarter 2022 earnings released: EPS: CN¥0.49 (vs CN¥0.37 in 2Q 2021)Second quarter 2022 results: EPS: CN¥0.49 (up from CN¥0.37 in 2Q 2021). Revenue: CN¥783.0m (up 25% from 2Q 2021). Net income: CN¥200.1m (up 30% from 2Q 2021). Profit margin: 26% (up from 25% in 2Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 30%, compared to a 41% growth forecast for the Chemicals industry in China. Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has only increased by 24% per year, which means it is significantly lagging earnings growth.
Board Change • Jun 01High number of new directorsIndependent Director Xin Guo was the last director to join the board, commencing their role in 2022.
お知らせ • May 14+ 1 more updateJiangsu Changhai Composite Materials Co., Ltd Approves Cash Dividend for 2021Jiangsu Changhai Composite Materials Co. Ltd. announced that at its AGM held on 11 May 2022, the shareholders approved profit distribution for 2021 of cash dividend/10 shares (tax included): CNY 1.50000000.
Valuation Update With 7 Day Price Move • May 03Investor sentiment improved over the past weekAfter last week's 28% share price gain to CN¥16.70, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 14x in the Chemicals industry in China. Total returns to shareholders of 93% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥7.88 per share.
Price Target Changed • Apr 27Price target decreased to CN¥19.70Down from CN¥24.66, the current price target is an average from 4 analysts. New target price is 26% above last closing price of CN¥15.66. Stock is down 12% over the past year. The company is forecast to post earnings per share of CN¥1.71 for next year compared to CN¥1.40 last year.
お知らせ • Apr 24Jiangsu Changhai Composite Materials Co., Ltd, Annual General Meeting, May 11, 2022Jiangsu Changhai Composite Materials Co., Ltd, Annual General Meeting, May 11, 2022, at 10:00 China Standard Time. Agenda: To consider the 2021 annual report and its summary; to consider the 2021 work report of the board of directors; to consider the 2021 work report of the supervisory committee; to consider the 2021 annual accounts; to consider the 2021 profit distribution plan; to consider the reappointment of audit firm; to consider the 2022 application for comprehensive credit line to banks; to consider the shareholder return plan for the next three years from 2022 to 2024; to consider the amendments to the Company's articles of association; Amendments to the work rules for independent directors; to consider the amendments to the external guarantee decision-making system; to consider the election and nomination of non-independent directors; to consider the election and nomination of independent directors; to consider the election and nomination of non-employee supervisors; and to consider the other matters.
お知らせ • Apr 22Jiangsu Changhai Composite Materials Co., Ltd Proposes Dividend for 2021Jiangsu Changhai Composite Materials Co. Ltd. announced on 21 April 2022 the profit distribution proposal for 2021 as follows: Cash dividend/10 shares (tax included) of CNY 1.50000000.
Reported Earnings • Apr 21Full year 2021 earnings: EPS and revenues miss analyst expectationsFull year 2021 results: EPS: CN¥1.40 (up from CN¥0.66 in FY 2020). Revenue: CN¥2.51b (up 23% from FY 2020). Net income: CN¥572.4m (up 112% from FY 2020). Profit margin: 23% (up from 13% in FY 2020). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 10%. Earnings per share (EPS) also missed analyst estimates by 7.5%. Over the next year, revenue is forecast to grow 43%, compared to a 47% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Oct 28Third quarter 2021 earnings released: EPS CN¥0.40 (vs CN¥0.18 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: CN¥654.8m (up 15% from 3Q 2020). Net income: CN¥161.4m (up 123% from 3Q 2020). Profit margin: 25% (up from 13% in 3Q 2020). The increase in margin was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has increased by 31% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • Sep 24Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to CN¥17.94, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 22x in the Chemicals industry in China. Total returns to shareholders of 95% over the past three years.
Valuation Update With 7 Day Price Move • Sep 08Investor sentiment improved over the past weekAfter last week's 16% share price gain to CN¥22.84, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 21x in the Chemicals industry in China. Total returns to shareholders of 148% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥36.92 per share.
Price Target Changed • Aug 24Price target increased to CN¥25.93Up from CN¥21.50, the current price target is an average from 5 analysts. New target price is 24% above last closing price of CN¥20.88. Stock is up 36% over the past year.
Reported Earnings • Aug 22Second quarter 2021 earnings released: EPS CN¥0.37 (vs CN¥0.16 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CN¥624.3m (up 22% from 2Q 2020). Net income: CN¥153.5m (up 127% from 2Q 2020). Profit margin: 25% (up from 13% 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 13% per year but the company’s share price has increased by 22% per year, which means it is tracking significantly ahead of earnings growth.
Reported Earnings • Apr 27First quarter 2021 earnings released: EPS CN¥0.26 (vs CN¥0.14 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: CN¥554.2m (up 40% from 1Q 2020). Net income: CN¥106.1m (up 89% from 1Q 2020). Profit margin: 19% (up from 14% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has increased by 19% per year, which means it is tracking significantly ahead of earnings growth.
Major Estimate Revision • Apr 17Consensus forecasts updatedThe consensus outlook for 2021 has been updated. 2021 EPS estimate increased from CN¥1.01 to CN¥1.11. Revenue forecast steady at CN¥2.79b. Net income forecast to grow 68% next year vs 51% growth forecast for Chemicals industry in China. Consensus price target up from CN¥20.20 to CN¥21.50. Share price was steady at CN¥16.78 over the past week.
Reported Earnings • Apr 11Full year 2020 earnings released: EPS CN¥0.66 (vs CN¥0.71 in FY 2019)The company reported a poor full year result with weaker earnings and revenues, although profit margins were flat. Full year 2020 results: Revenue: CN¥2.04b (down 7.6% from FY 2019). Net income: CN¥270.7m (down 6.5% from FY 2019). Profit margin: 13% (in line with FY 2019). Over the last 3 years on average, earnings per share has increased by 12% per year whereas the company’s share price has increased by 14% per year.
お知らせ • Feb 24Jiangsu Changhai Composite Materials Co., Ltd to Report Fiscal Year 2020 Results on Apr 10, 2021Jiangsu Changhai Composite Materials Co., Ltd announced that they will report fiscal year 2020 results on Apr 10, 2021
Valuation Update With 7 Day Price Move • Jan 29Investor sentiment improved over the past weekAfter last week's 19% share price gain to CN¥19.88, the stock is trading at a trailing P/E ratio of 32.1x, up from the previous P/E ratio of 26.9x. This compares to an average P/E of 35x in the Chemicals industry in China. Total returns to shareholders over the past three years are 101%.
Is New 90 Day High Low • Jan 28New 90-day high: CN¥18.81The company is up 55% from its price of CN¥12.11 on 30 October 2020. The Chinese market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Chemicals industry, which is up 23% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥9.23 per share.
Is New 90 Day High Low • Jan 08New 90-day high: CN¥18.67The company is up 25% from its price of CN¥14.99 on 09 October 2020. The Chinese market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Chemicals industry, which is up 15% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥9.19 per share.
Is New 90 Day High Low • Dec 17New 90-day high: CN¥16.18The company is up 7.0% from its price of CN¥15.12 on 18 September 2020. The Chinese market is up 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Chemicals industry, which is up 5.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥9.24 per share.
Reported Earnings • Oct 28Third quarter earnings releasedOver the last 12 months the company has reported total profits of CN¥251.0m, down 17% from the prior year. Total revenue was CN¥2.02b over the last 12 months, down 11% from the prior year.
Is New 90 Day High Low • Oct 26New 90-day low: CN¥13.14The company is down 1.0% from its price of CN¥13.28 on 28 July 2020. The Chinese market is up 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 7.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥10.47 per share.
お知らせ • Oct 20Jiangsu Changhai Composite Materials Co., Ltd to Report Q3, 2020 Results on Oct 28, 2020Jiangsu Changhai Composite Materials Co., Ltd announced that they will report Q3, 2020 results on Oct 28, 2020
お知らせ • Jul 25Jiangsu Changhai Composite Materials Co., Ltd to Report First Half, 2020 Results on Aug 21, 2020Jiangsu Changhai Composite Materials Co., Ltd announced that they will report first half, 2020 results on Aug 21, 2020
