Advanced Technology & Materials（000969）株式概要アドバンスト・テクノロジー＆マテリアルズ株式会社 詳細000969 ファンダメンタル分析スノーフレーク・スコア評価1/6将来の成長0/6過去の実績2/6財務の健全性6/6配当金2/6報酬過去5年間の収益は年間18.1%増加しました。 リスク分析1.25%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000969 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¥15.9612.2% 割高 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture-173m11b2016201920222025202620282031Revenue CN¥11.3bEarnings CN¥505.9mAdvancedSet Fair ValueView all narrativesAdvanced Technology & Materials Co., Ltd. 競合他社Western Metal MaterialsSymbol: SZSE:002149Market cap: CN¥15.7bShengda ResourcesLtdSymbol: SZSE:000603Market cap: CN¥17.1bSichuan Anning Iron and TitaniumLtdSymbol: SZSE:002978Market cap: CN¥12.4bBaoji Titanium IndustrySymbol: SHSE:600456Market cap: CN¥13.3b価格と性能株価の高値、安値、推移の概要Advanced Technology & Materials過去の株価現在の株価CN¥15.9652週高値CN¥31.1252週安値CN¥12.55ベータ0.591ヶ月の変化-33.42%3ヶ月変化-25.32%1年変化18.31%3年間の変化62.86%5年間の変化67.65%IPOからの変化26.57%最新ニュースValuation Update With 7 Day Price Move • Jul 08Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to CN¥20.52, the stock trades at a trailing P/E ratio of 56.5x. Average trailing P/E is 34x in the Metals and Mining industry in China. Total returns to shareholders of 128% over the past three years.お知らせ • Jun 30Advanced Technology & Materials Co., Ltd. to Report First Half, 2026 Results on Aug 29, 2026Advanced Technology & Materials Co., Ltd. announced that they will report first half, 2026 results on Aug 29, 2026Declared Dividend • Jun 15Dividend of CN¥0.20 announcedDividend of CN¥0.20 is the same as last year. Ex-date: 18th June 2026 Payment date: 18th June 2026 Dividend yield will be 0.8%, which is lower than the industry average of 2.8%. Sustainability & Growth Dividend is covered by earnings (55% earnings payout ratio) but not covered by cash flows (164% cash payout ratio). The dividend has increased by an average of 27% per year over the past 8 years. However, payments have been volatile during that time. Earnings per share has grown by 19% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.Valuation Update With 7 Day Price Move • Jun 15Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CN¥24.38, the stock trades at a trailing P/E ratio of 67.1x. Average trailing P/E is 35x in the Metals and Mining industry in China. Total returns to shareholders of 170% over the past three years.Valuation Update With 7 Day Price Move • May 28Investor sentiment improves as stock rises 15%After last week's 15% share price gain to CN¥25.52, the stock trades at a trailing P/E ratio of 70.3x. Average trailing P/E is 38x in the Metals and Mining industry in China. Total returns to shareholders of 189% over the past three years.Board Change • May 20High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Director Jie Hu was the last director to join the board, commencing their role in 2024. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.最新情報をもっと見るRecent updatesValuation Update With 7 Day Price Move • Jul 08Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to CN¥20.52, the stock trades at a trailing P/E ratio of 56.5x. Average trailing P/E is 34x in the Metals and Mining industry in China. Total returns to shareholders of 128% over the past three years.お知らせ • Jun 30Advanced Technology & Materials Co., Ltd. to Report First Half, 2026 Results on Aug 29, 2026Advanced Technology & Materials Co., Ltd. announced that they will report first half, 2026 results on Aug 29, 2026Declared Dividend • Jun 15Dividend of CN¥0.20 announcedDividend of CN¥0.20 is the same as last year. Ex-date: 18th June 2026 Payment date: 18th June 2026 Dividend yield will be 0.8%, which is lower than the industry average of 2.8%. Sustainability & Growth Dividend is covered by earnings (55% earnings payout ratio) but not covered by cash flows (164% cash payout ratio). The dividend has increased by an average of 27% per year over the past 8 years. However, payments have been volatile during that time. Earnings per share has grown by 19% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.Valuation Update With 7 Day Price Move • Jun 15Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CN¥24.38, the stock trades at a trailing P/E ratio of 67.1x. Average trailing P/E is 35x in the Metals and Mining industry in China. Total returns to shareholders of 170% over the past three years.Valuation Update With 7 Day Price Move • May 28Investor sentiment improves as stock rises 15%After last week's 15% share price gain to CN¥25.52, the stock trades at a trailing P/E ratio of 70.3x. Average trailing P/E is 38x in the Metals and Mining industry in China. Total returns to shareholders of 189% over the past three years.Board Change • May 20High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Director Jie Hu was the last director to join the board, commencing their role in 2024. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.お知らせ • Apr 28Advanced Technology & Materials Co., Ltd., Annual General Meeting, May 19, 2026Advanced Technology & Materials Co., Ltd., Annual General Meeting, May 19, 2026, at 14:00 China Standard Time. Location: The Company Headquarters' Meeting Room, Beijing Chinaお知らせ • Mar 31Advanced Technology & Materials Co., Ltd. to Report Q1, 2026 Results on Apr 28, 2026Advanced Technology & Materials Co., Ltd. announced that they will report Q1, 2026 results on Apr 28, 2026お知らせ • Dec 31Advanced Technology & Materials Co., Ltd. to Report Fiscal Year 2025 Results on Mar 31, 2026Advanced Technology & Materials Co., Ltd. announced that they will report fiscal year 2025 results on Mar 31, 2026お知らせ • Sep 30Advanced Technology & Materials Co., Ltd. to Report Q3, 2025 Results on Oct 30, 2025Advanced Technology & Materials Co., Ltd. announced that they will report Q3, 2025 results on Oct 30, 2025お知らせ • Jul 02Advanced Technology & Materials Co., Ltd. to Report First Half, 2025 Results on Aug 30, 2025Advanced Technology & Materials Co., Ltd. announced that they will report first half, 2025 results on Aug 30, 2025お知らせ • Apr 22Advanced Technology & Materials Co., Ltd. Approves Cash Dividend for 2024Advanced Technology & Materials Co., Ltd. at its Annual General Meeting held on 18 April 2025 approved cash dividend of CNY 2.00000000 per 10 shares (tax included) for 2024.お知らせ • Mar 31Advanced Technology & Materials Co., Ltd. to Report Q1, 2025 Results on Apr 28, 2025Advanced Technology & Materials Co., Ltd. announced that they will report Q1, 2025 results on Apr 28, 2025お知らせ • Mar 28Advanced Technology & Materials Co., Ltd., Annual General Meeting, Apr 18, 2025Advanced Technology & Materials Co., Ltd., Annual General Meeting, Apr 18, 2025, at 14:00 China Standard Time. Location: The Company Headquarters' Meeting Room, Beijing Chinaお知らせ • Dec 31Advanced Technology & Materials Co., Ltd. to Report Fiscal Year 2024 Results on Mar 28, 2025Advanced Technology & Materials Co., Ltd. announced that they will report fiscal year 2024 results on Mar 28, 2025Buy Or Sell Opportunity • Nov 12Now 22% undervaluedOver the last 90 days, the stock has risen 40% to CN¥11.63. The fair value is estimated to be CN¥14.82, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.2% over the last 3 years. Earnings per share has grown by 25%. Revenue is forecast to grow by 6.5% in 2 years. Earnings are forecast to grow by 30% in the next 2 years.Reported Earnings • Oct 30Third quarter 2024 earnings released: EPS: CN¥0.058 (vs CN¥0.037 in 3Q 2023)Third quarter 2024 results: EPS: CN¥0.058 (up from CN¥0.037 in 3Q 2023). Revenue: CN¥1.93b (up 6.2% from 3Q 2023). Net income: CN¥59.6m (up 55% from 3Q 2023). Profit margin: 3.1% (up from 2.1% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 9.4% growth forecast for the Metals and Mining industry in China. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.Buy Or Sell Opportunity • Oct 22Now 24% overvalued after recent price riseOver the last 90 days, the stock has risen 27% to CN¥10.24. The fair value is estimated to be CN¥8.28, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 10% over the last 3 years. Earnings per share has grown by 20%. Revenue is forecast to grow by 42% in 2 years. Earnings are forecast to grow by 19% in the next 2 years.Valuation Update With 7 Day Price Move • Sep 30Investor sentiment improves as stock rises 21%After last week's 21% share price gain to CN¥9.78, the stock trades at a forward P/E ratio of 30x. Average forward P/E is 14x in the Metals and Mining industry in China. Total returns to shareholders of 18% over the past three years.お知らせ • Sep 30Advanced Technology & Materials Co., Ltd. to Report Q3, 2024 Results on Oct 30, 2024Advanced Technology & Materials Co., Ltd. announced that they will report Q3, 2024 results on Oct 30, 2024Buy Or Sell Opportunity • Aug 14Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 5.6% to CN¥8.29. The fair value is estimated to be CN¥10.37, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Earnings per share has grown by 14%. Revenue is forecast to grow by 37% in 2 years. Earnings are forecast to grow by 65% in the next 2 years.お知らせ • Jul 11Beijing Xu’an Kechuang Technology Co., Ltd. and Ningbo Yuancheng Technology Development Center (Limited Partnership) completed the acquisition of 14% stake in AT&M Environmental Engineering Technology Co., Ltd. from Advanced Technology & Materials Co., Ltd. (SZSE:000969).Beijing Xu’an Kechuang Technology Co., Ltd. and Ningbo Yuancheng Technology Development Center (Limited Partnership) proposed to acquire 14% stake in AT&M Environmental Engineering Technology Co., Ltd. from Advanced Technology & Materials Co., Ltd. (SZSE:000969) for CNY 140 million on November 27, 2023. Beijing Xu’an Kechuang Technology Co., Ltd. will acquire 10% for CNY 100 million and Ningbo Yuancheng Technology Development Center (Limited Partnership) 4% for CNY 40 million. On November 27, 2023, the Company held the 16th Extraordinary Meeting of the 8th Directorate, and approved the auction. On December 19, 2023, the Company held the 2nd Extraordinary Shareholders Meeting of 2023, and approved the auction.Beijing Xu’an Kechuang Technology Co., Ltd. and Ningbo Yuancheng Technology Development Center (Limited Partnership) completed the acquisition of 14% stake in AT&M Environmental Engineering Technology Co., Ltd. from Advanced Technology & Materials Co., Ltd. (SZSE:000969) on July 9, 2024.お知らせ • Jun 29Advanced Technology & Materials Co., Ltd. to Report First Half, 2024 Results on Aug 30, 2024Advanced Technology & Materials Co., Ltd. announced that they will report first half, 2024 results on Aug 30, 2024Board Change • Jun 25High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Independent Director Chunlong Li was the last director to join the board, commencing their role in 2023. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.お知らせ • Apr 30Advanced Technology & Materials Co., Ltd., Annual General Meeting, May 20, 2024Advanced Technology & Materials Co., Ltd., Annual General Meeting, May 20, 2024, at 14:00 China Standard Time. Location: The Company Headquarters' Meeting Room, Beijing ChinaReported Earnings • Apr 29First quarter 2024 earnings released: EPS: CN¥0.077 (vs CN¥0.077 in 1Q 2023)First quarter 2024 results: EPS: CN¥0.077 (in line with 1Q 2023). Revenue: CN¥1.89b (down 11% from 1Q 2023). Net income: CN¥78.7m (flat on 1Q 2023). Profit margin: 4.2% (up from 3.7% in 1Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 13% p.a. on average during the next 2 years, compared to a 10% growth forecast for the Metals and Mining industry in China. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.お知らせ • Mar 30Advanced Technology & Materials Co., Ltd. to Report Q1, 2024 Results on Apr 29, 2024Advanced Technology & Materials Co., Ltd. announced that they will report Q1, 2024 results on Apr 29, 2024Valuation Update With 7 Day Price Move • Feb 05Investor sentiment deteriorates as stock falls 20%After last week's 20% share price decline to CN¥6.27, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 11x in the Metals and Mining industry in China. Total returns to shareholders of 9.7% over the past three years.お知らせ • Dec 30Advanced Technology & Materials Co., Ltd. to Report Fiscal Year 2023 Results on Apr 29, 2024Advanced Technology & Materials Co., Ltd. announced that they will report fiscal year 2023 results on Apr 29, 2024Reported Earnings • Nov 01Third quarter 2023 earnings released: EPS: CN¥0.037 (vs CN¥0.028 in 3Q 2022)Third quarter 2023 results: EPS: CN¥0.037 (up from CN¥0.028 in 3Q 2022). Revenue: CN¥1.82b (up 3.0% from 3Q 2022). Net income: CN¥38.4m (up 32% from 3Q 2022). Profit margin: 2.1% (up from 1.6% in 3Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Metals and Mining industry in China. Over the last 3 years on average, earnings per share has increased by 19% per year whereas the company’s share price has increased by 14% per year.Board Change • Oct 16High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Non-Independent Director Jianxin Tang was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.Reported Earnings • Aug 25Second quarter 2023 earnings released: EPS: CN¥0.078 (vs CN¥0.054 in 2Q 2022)Second quarter 2023 results: EPS: CN¥0.078 (up from CN¥0.054 in 2Q 2022). Revenue: CN¥2.12b (up 10% from 2Q 2022). Net income: CN¥80.2m (up 45% from 2Q 2022). Profit margin: 3.8% (up from 2.9% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 21% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Metals and Mining industry in China. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.お知らせ • May 24Advanced Technology & Materials Co., Ltd. Announces Final Dividend for 2022, Payable on 30 May 2023Advanced Technology & Materials Co., Ltd. announced final cash dividend of CNY 1.20000000 per 10 shares (tax included) for 2022. Record date is 29 May 2023. Ex-date is 30 May 2023. Payment date is 30 May 2023.Reported Earnings • Apr 14First quarter 2023 earnings released: EPS: CN¥0.075 (vs CN¥0.084 in 1Q 2022)First quarter 2023 results: EPS: CN¥0.075 (down from CN¥0.084 in 1Q 2022). Revenue: CN¥2.11b (up 3.7% from 1Q 2022). Net income: CN¥76.8m (down 11% from 1Q 2022). Profit margin: 3.6% (down from 4.2% in 1Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 19% per year whereas the company’s share price has increased by 17% per year.Valuation Update With 7 Day Price Move • Dec 14Investor sentiment improved over the past weekAfter last week's 18% share price gain to CN¥9.71, the stock trades at a trailing P/E ratio of 54.1x. Average trailing P/E is 31x in the Metals and Mining industry in China. Total returns to shareholders of 48% over the past three years.Board Change • Nov 16High number of new directorsThere are 8 new directors who have joined the board in the last 3 years. Non-Independent Director Jianxin Tang was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.Reported Earnings • Oct 27Third quarter 2022 earnings released: EPS: CN¥0.028 (vs CN¥0.034 in 3Q 2021)Third quarter 2022 results: EPS: CN¥0.028 (down from CN¥0.034 in 3Q 2021). Revenue: CN¥1.77b (up 4.3% from 3Q 2021). Net income: CN¥29.1m (down 17% from 3Q 2021). Profit margin: 1.6% (down from 2.1% in 3Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.Reported Earnings • Aug 25Second quarter 2022 earnings released: EPS: CN¥0.054 (vs CN¥0.062 in 2Q 2021)Second quarter 2022 results: EPS: CN¥0.054 (down from CN¥0.062 in 2Q 2021). Revenue: CN¥1.92b (up 17% from 2Q 2021). Net income: CN¥55.4m (down 12% from 2Q 2021). Profit margin: 2.9% (down from 3.9% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 52% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth.Reported Earnings • Apr 27First quarter 2022 earnings released: EPS: CN¥0.084 (vs CN¥0.057 in 1Q 2021)First quarter 2022 results: EPS: CN¥0.084 (up from CN¥0.057 in 1Q 2021). Revenue: CN¥2.03b (up 39% from 1Q 2021). Net income: CN¥86.2m (up 48% from 1Q 2021). Profit margin: 4.2% (up from 4.0% in 1Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 71% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings.Board Change • Apr 27High number of new and inexperienced directorsThere are 7 new directors who have joined the board in the last 3 years. The company's board is composed of: 7 new directors. 5 experienced directors. No highly experienced directors. Independent Director Zhao Nian Liu is the most experienced director on the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.Reported Earnings • Mar 29Full year 2021 earnings released: EPS: CN¥0.17 (vs CN¥0.10 in FY 2020)Full year 2021 results: EPS: CN¥0.17 (up from CN¥0.10 in FY 2020). Revenue: CN¥6.27b (up 26% from FY 2020). Net income: CN¥171.7m (up 66% from FY 2020). Profit margin: 2.7% (up from 2.1% in FY 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 88% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Nov 26Investor sentiment improved over the past weekAfter last week's 19% share price gain to CN¥11.29, the stock trades at a trailing P/E ratio of 61.7x. Average trailing P/E is 32x in the Metals and Mining industry in China. Total returns to shareholders of 121% over the past three years.Valuation Update With 7 Day Price Move • Nov 26Investor sentiment improved over the past weekAfter last week's 19% share price gain to CN¥11.29, the stock trades at a trailing P/E ratio of 61.7x. Average trailing P/E is 32x in the Metals and Mining industry in China. Total returns to shareholders of 121% over the past three years.Reported Earnings • Oct 31Third quarter 2021 earnings released: EPS CN¥0.034 (vs CN¥0.021 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: CN¥1.69b (up 35% from 3Q 2020). Net income: CN¥35.2m (up 60% from 3Q 2020). Profit margin: 2.1% (up from 1.7% in 3Q 2020). Over the last 3 years on average, earnings per share has increased by 93% per year but the company’s share price has only increased by 23% per year, which means it is significantly lagging earnings growth.Reported Earnings • Aug 28Second quarter 2021 earnings released: EPS CN¥0.062 (vs CN¥0.041 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CN¥1.64b (up 28% from 2Q 2020). Net income: CN¥63.2m (up 51% from 2Q 2020). Profit margin: 3.9% (up from 3.3% in 2Q 2020). Over the last 3 years on average, earnings per share has increased by 86% per year but the company’s share price has only increased by 28% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Jul 10Investor sentiment improved over the past weekAfter last week's 19% share price gain to CN¥9.63, the stock trades at a trailing P/E ratio of 64.6x. Average trailing P/E is 29x in the Metals and Mining industry in China. Total returns to shareholders of 57% over the past three years.Reported Earnings • Apr 15First quarter 2021 earnings released: EPS CN¥0.057 (vs CN¥0.008 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: CN¥1.46b (up 36% from 1Q 2020). Net income: CN¥58.1m (up CN¥49.8m from 1Q 2020). Profit margin: 4.0% (up from 0.8% in 1Q 2020). Over the last 3 years on average, earnings per share has increased by 70% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.Reported Earnings • Mar 26Full year 2020 earnings released: EPS CN¥0.10 (vs CN¥0.16 in FY 2019)The company reported a soft full year result with weaker earnings and profit margins, although revenues improved. Full year 2020 results: Revenue: CN¥4.98b (up 4.2% from FY 2019). Net income: CN¥103.5m (down 37% from FY 2019). Profit margin: 2.1% (down from 3.4% in FY 2019). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 51% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.Is New 90 Day High Low • Jan 18New 90-day high: CN¥7.43The company is up 8.0% from its price of CN¥6.85 on 21 October 2020. The Chinese market is up 7.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Metals and Mining industry, which is up 13% over the same period.Is New 90 Day High Low • Nov 24New 90-day high: CN¥7.42The company is up 7.0% from its price of CN¥6.95 on 26 August 2020. The Chinese market is flat over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Metals and Mining industry, which is up 8.0% over the same period.Reported Earnings • Nov 01Third quarter earnings releasedOver the last 12 months the company has reported total profits of CN¥124.1m, with earnings increasing by CN¥146.4m from the prior year. Total revenue was CN¥4.77b over the last 12 months, down 1.5% from the prior year.Is New 90 Day High Low • Oct 29New 90-day low: CN¥6.55The company is down 11% from its price of CN¥7.39 on 31 July 2020. The Chinese market is down 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Metals and Mining industry, which is down 6.0% over the same period.株主還元000969CN Metals and MiningCN 市場7D2.6%0.8%-2.9%1Y18.3%27.6%6.5%株主還元を見る業界別リターン: 000969過去 1 年間で27.6 % の収益を上げたCN Metals and Mining業界を下回りました。リターン対市場: 000969過去 1 年間で6.5 % の収益を上げたCN市場を上回りました。価格変動Is 000969's price volatile compared to industry and market?000969 volatility000969 Average Weekly Movement8.7%Metals and Mining Industry Average Movement8.1%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: 000969 、 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: 000969の 週次ボラティリティ ( 9% ) 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19984,836Lin Sheng Biwww.atmcn.com先進技術材料有限公司は、中華人民共和国および国際的な金属材料、製品、ソリューションの研究、開発、製造を行っている。同社の製品には、希土類永久磁石、特殊合金、アモルファスおよびナノ結晶材料・製品、耐火材料・製品、ダイヤモンド工具、アトマイズ合金粉末、金属射出成形部品、HIP製品、鋼工具・金型、溶接材料、環境保護エンジニアリングなどがある。自動車、エレクトロニクス、オートメーションとドライブ、エネルギー、医療技術、航空宇宙と船舶、鉄道、環境保護などの業界にサービスを提供している。先進技術材料有限公司は1998年に設立され、中華人民共和国の北京に本社を置いている。もっと見るAdvanced Technology & Materials Co., Ltd. 基礎のまとめAdvanced Technology & Materials の収益と売上を時価総額と比較するとどうか。000969 基礎統計学時価総額CN¥16.77b収益（TTM）CN¥381.55m売上高(TTM)CN¥8.55b43.9xPER（株価収益率2.0xP/Sレシオ000969 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000969 損益計算書（TTM）収益CN¥8.55b売上原価CN¥7.08b売上総利益CN¥1.47bその他の費用CN¥1.09b収益CN¥381.55m直近の収益報告Mar 31, 2026次回決算日Aug 29, 2026一株当たり利益（EPS）0.36グロス・マージン17.17%純利益率4.46%有利子負債／自己資本比率6.1%000969 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1.3%現在の配当利回り55%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2026/07/29 21:19終値2026/07/29 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Advanced Technology & Materials Co., Ltd. 0 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。3 アナリスト機関Ning LiChina Stock Investment Research Co. Ltd. (DeepValue.online)Haisheng WangEverbright Securities Co. Ltd.Yiting LiuTianfeng Securities Brokerage Co., Ltd
Valuation Update With 7 Day Price Move • Jul 08Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to CN¥20.52, the stock trades at a trailing P/E ratio of 56.5x. Average trailing P/E is 34x in the Metals and Mining industry in China. Total returns to shareholders of 128% over the past three years.
お知らせ • Jun 30Advanced Technology & Materials Co., Ltd. to Report First Half, 2026 Results on Aug 29, 2026Advanced Technology & Materials Co., Ltd. announced that they will report first half, 2026 results on Aug 29, 2026
Declared Dividend • Jun 15Dividend of CN¥0.20 announcedDividend of CN¥0.20 is the same as last year. Ex-date: 18th June 2026 Payment date: 18th June 2026 Dividend yield will be 0.8%, which is lower than the industry average of 2.8%. Sustainability & Growth Dividend is covered by earnings (55% earnings payout ratio) but not covered by cash flows (164% cash payout ratio). The dividend has increased by an average of 27% per year over the past 8 years. However, payments have been volatile during that time. Earnings per share has grown by 19% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
Valuation Update With 7 Day Price Move • Jun 15Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CN¥24.38, the stock trades at a trailing P/E ratio of 67.1x. Average trailing P/E is 35x in the Metals and Mining industry in China. Total returns to shareholders of 170% over the past three years.
Valuation Update With 7 Day Price Move • May 28Investor sentiment improves as stock rises 15%After last week's 15% share price gain to CN¥25.52, the stock trades at a trailing P/E ratio of 70.3x. Average trailing P/E is 38x in the Metals and Mining industry in China. Total returns to shareholders of 189% over the past three years.
Board Change • May 20High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Director Jie Hu was the last director to join the board, commencing their role in 2024. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
Valuation Update With 7 Day Price Move • Jul 08Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to CN¥20.52, the stock trades at a trailing P/E ratio of 56.5x. Average trailing P/E is 34x in the Metals and Mining industry in China. Total returns to shareholders of 128% over the past three years.
お知らせ • Jun 30Advanced Technology & Materials Co., Ltd. to Report First Half, 2026 Results on Aug 29, 2026Advanced Technology & Materials Co., Ltd. announced that they will report first half, 2026 results on Aug 29, 2026
Declared Dividend • Jun 15Dividend of CN¥0.20 announcedDividend of CN¥0.20 is the same as last year. Ex-date: 18th June 2026 Payment date: 18th June 2026 Dividend yield will be 0.8%, which is lower than the industry average of 2.8%. Sustainability & Growth Dividend is covered by earnings (55% earnings payout ratio) but not covered by cash flows (164% cash payout ratio). The dividend has increased by an average of 27% per year over the past 8 years. However, payments have been volatile during that time. Earnings per share has grown by 19% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
Valuation Update With 7 Day Price Move • Jun 15Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CN¥24.38, the stock trades at a trailing P/E ratio of 67.1x. Average trailing P/E is 35x in the Metals and Mining industry in China. Total returns to shareholders of 170% over the past three years.
Valuation Update With 7 Day Price Move • May 28Investor sentiment improves as stock rises 15%After last week's 15% share price gain to CN¥25.52, the stock trades at a trailing P/E ratio of 70.3x. Average trailing P/E is 38x in the Metals and Mining industry in China. Total returns to shareholders of 189% over the past three years.
Board Change • May 20High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Director Jie Hu was the last director to join the board, commencing their role in 2024. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
お知らせ • Apr 28Advanced Technology & Materials Co., Ltd., Annual General Meeting, May 19, 2026Advanced Technology & Materials Co., Ltd., Annual General Meeting, May 19, 2026, at 14:00 China Standard Time. Location: The Company Headquarters' Meeting Room, Beijing China
お知らせ • Mar 31Advanced Technology & Materials Co., Ltd. to Report Q1, 2026 Results on Apr 28, 2026Advanced Technology & Materials Co., Ltd. announced that they will report Q1, 2026 results on Apr 28, 2026
お知らせ • Dec 31Advanced Technology & Materials Co., Ltd. to Report Fiscal Year 2025 Results on Mar 31, 2026Advanced Technology & Materials Co., Ltd. announced that they will report fiscal year 2025 results on Mar 31, 2026
お知らせ • Sep 30Advanced Technology & Materials Co., Ltd. to Report Q3, 2025 Results on Oct 30, 2025Advanced Technology & Materials Co., Ltd. announced that they will report Q3, 2025 results on Oct 30, 2025
お知らせ • Jul 02Advanced Technology & Materials Co., Ltd. to Report First Half, 2025 Results on Aug 30, 2025Advanced Technology & Materials Co., Ltd. announced that they will report first half, 2025 results on Aug 30, 2025
お知らせ • Apr 22Advanced Technology & Materials Co., Ltd. Approves Cash Dividend for 2024Advanced Technology & Materials Co., Ltd. at its Annual General Meeting held on 18 April 2025 approved cash dividend of CNY 2.00000000 per 10 shares (tax included) for 2024.
お知らせ • Mar 31Advanced Technology & Materials Co., Ltd. to Report Q1, 2025 Results on Apr 28, 2025Advanced Technology & Materials Co., Ltd. announced that they will report Q1, 2025 results on Apr 28, 2025
お知らせ • Mar 28Advanced Technology & Materials Co., Ltd., Annual General Meeting, Apr 18, 2025Advanced Technology & Materials Co., Ltd., Annual General Meeting, Apr 18, 2025, at 14:00 China Standard Time. Location: The Company Headquarters' Meeting Room, Beijing China
お知らせ • Dec 31Advanced Technology & Materials Co., Ltd. to Report Fiscal Year 2024 Results on Mar 28, 2025Advanced Technology & Materials Co., Ltd. announced that they will report fiscal year 2024 results on Mar 28, 2025
Buy Or Sell Opportunity • Nov 12Now 22% undervaluedOver the last 90 days, the stock has risen 40% to CN¥11.63. The fair value is estimated to be CN¥14.82, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.2% over the last 3 years. Earnings per share has grown by 25%. Revenue is forecast to grow by 6.5% in 2 years. Earnings are forecast to grow by 30% in the next 2 years.
Reported Earnings • Oct 30Third quarter 2024 earnings released: EPS: CN¥0.058 (vs CN¥0.037 in 3Q 2023)Third quarter 2024 results: EPS: CN¥0.058 (up from CN¥0.037 in 3Q 2023). Revenue: CN¥1.93b (up 6.2% from 3Q 2023). Net income: CN¥59.6m (up 55% from 3Q 2023). Profit margin: 3.1% (up from 2.1% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 9.4% growth forecast for the Metals and Mining industry in China. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.
Buy Or Sell Opportunity • Oct 22Now 24% overvalued after recent price riseOver the last 90 days, the stock has risen 27% to CN¥10.24. The fair value is estimated to be CN¥8.28, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 10% over the last 3 years. Earnings per share has grown by 20%. Revenue is forecast to grow by 42% in 2 years. Earnings are forecast to grow by 19% in the next 2 years.
Valuation Update With 7 Day Price Move • Sep 30Investor sentiment improves as stock rises 21%After last week's 21% share price gain to CN¥9.78, the stock trades at a forward P/E ratio of 30x. Average forward P/E is 14x in the Metals and Mining industry in China. Total returns to shareholders of 18% over the past three years.
お知らせ • Sep 30Advanced Technology & Materials Co., Ltd. to Report Q3, 2024 Results on Oct 30, 2024Advanced Technology & Materials Co., Ltd. announced that they will report Q3, 2024 results on Oct 30, 2024
Buy Or Sell Opportunity • Aug 14Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 5.6% to CN¥8.29. The fair value is estimated to be CN¥10.37, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Earnings per share has grown by 14%. Revenue is forecast to grow by 37% in 2 years. Earnings are forecast to grow by 65% in the next 2 years.
お知らせ • Jul 11Beijing Xu’an Kechuang Technology Co., Ltd. and Ningbo Yuancheng Technology Development Center (Limited Partnership) completed the acquisition of 14% stake in AT&M Environmental Engineering Technology Co., Ltd. from Advanced Technology & Materials Co., Ltd. (SZSE:000969).Beijing Xu’an Kechuang Technology Co., Ltd. and Ningbo Yuancheng Technology Development Center (Limited Partnership) proposed to acquire 14% stake in AT&M Environmental Engineering Technology Co., Ltd. from Advanced Technology & Materials Co., Ltd. (SZSE:000969) for CNY 140 million on November 27, 2023. Beijing Xu’an Kechuang Technology Co., Ltd. will acquire 10% for CNY 100 million and Ningbo Yuancheng Technology Development Center (Limited Partnership) 4% for CNY 40 million. On November 27, 2023, the Company held the 16th Extraordinary Meeting of the 8th Directorate, and approved the auction. On December 19, 2023, the Company held the 2nd Extraordinary Shareholders Meeting of 2023, and approved the auction.Beijing Xu’an Kechuang Technology Co., Ltd. and Ningbo Yuancheng Technology Development Center (Limited Partnership) completed the acquisition of 14% stake in AT&M Environmental Engineering Technology Co., Ltd. from Advanced Technology & Materials Co., Ltd. (SZSE:000969) on July 9, 2024.
お知らせ • Jun 29Advanced Technology & Materials Co., Ltd. to Report First Half, 2024 Results on Aug 30, 2024Advanced Technology & Materials Co., Ltd. announced that they will report first half, 2024 results on Aug 30, 2024
Board Change • Jun 25High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Independent Director Chunlong Li was the last director to join the board, commencing their role in 2023. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
お知らせ • Apr 30Advanced Technology & Materials Co., Ltd., Annual General Meeting, May 20, 2024Advanced Technology & Materials Co., Ltd., Annual General Meeting, May 20, 2024, at 14:00 China Standard Time. Location: The Company Headquarters' Meeting Room, Beijing China
Reported Earnings • Apr 29First quarter 2024 earnings released: EPS: CN¥0.077 (vs CN¥0.077 in 1Q 2023)First quarter 2024 results: EPS: CN¥0.077 (in line with 1Q 2023). Revenue: CN¥1.89b (down 11% from 1Q 2023). Net income: CN¥78.7m (flat on 1Q 2023). Profit margin: 4.2% (up from 3.7% in 1Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 13% p.a. on average during the next 2 years, compared to a 10% growth forecast for the Metals and Mining industry in China. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.
お知らせ • Mar 30Advanced Technology & Materials Co., Ltd. to Report Q1, 2024 Results on Apr 29, 2024Advanced Technology & Materials Co., Ltd. announced that they will report Q1, 2024 results on Apr 29, 2024
Valuation Update With 7 Day Price Move • Feb 05Investor sentiment deteriorates as stock falls 20%After last week's 20% share price decline to CN¥6.27, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 11x in the Metals and Mining industry in China. Total returns to shareholders of 9.7% over the past three years.
お知らせ • Dec 30Advanced Technology & Materials Co., Ltd. to Report Fiscal Year 2023 Results on Apr 29, 2024Advanced Technology & Materials Co., Ltd. announced that they will report fiscal year 2023 results on Apr 29, 2024
Reported Earnings • Nov 01Third quarter 2023 earnings released: EPS: CN¥0.037 (vs CN¥0.028 in 3Q 2022)Third quarter 2023 results: EPS: CN¥0.037 (up from CN¥0.028 in 3Q 2022). Revenue: CN¥1.82b (up 3.0% from 3Q 2022). Net income: CN¥38.4m (up 32% from 3Q 2022). Profit margin: 2.1% (up from 1.6% in 3Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Metals and Mining industry in China. Over the last 3 years on average, earnings per share has increased by 19% per year whereas the company’s share price has increased by 14% per year.
Board Change • Oct 16High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Non-Independent Director Jianxin Tang was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
Reported Earnings • Aug 25Second quarter 2023 earnings released: EPS: CN¥0.078 (vs CN¥0.054 in 2Q 2022)Second quarter 2023 results: EPS: CN¥0.078 (up from CN¥0.054 in 2Q 2022). Revenue: CN¥2.12b (up 10% from 2Q 2022). Net income: CN¥80.2m (up 45% from 2Q 2022). Profit margin: 3.8% (up from 2.9% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 21% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Metals and Mining industry in China. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.
お知らせ • May 24Advanced Technology & Materials Co., Ltd. Announces Final Dividend for 2022, Payable on 30 May 2023Advanced Technology & Materials Co., Ltd. announced final cash dividend of CNY 1.20000000 per 10 shares (tax included) for 2022. Record date is 29 May 2023. Ex-date is 30 May 2023. Payment date is 30 May 2023.
Reported Earnings • Apr 14First quarter 2023 earnings released: EPS: CN¥0.075 (vs CN¥0.084 in 1Q 2022)First quarter 2023 results: EPS: CN¥0.075 (down from CN¥0.084 in 1Q 2022). Revenue: CN¥2.11b (up 3.7% from 1Q 2022). Net income: CN¥76.8m (down 11% from 1Q 2022). Profit margin: 3.6% (down from 4.2% in 1Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 19% per year whereas the company’s share price has increased by 17% per year.
Valuation Update With 7 Day Price Move • Dec 14Investor sentiment improved over the past weekAfter last week's 18% share price gain to CN¥9.71, the stock trades at a trailing P/E ratio of 54.1x. Average trailing P/E is 31x in the Metals and Mining industry in China. Total returns to shareholders of 48% over the past three years.
Board Change • Nov 16High number of new directorsThere are 8 new directors who have joined the board in the last 3 years. Non-Independent Director Jianxin Tang was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
Reported Earnings • Oct 27Third quarter 2022 earnings released: EPS: CN¥0.028 (vs CN¥0.034 in 3Q 2021)Third quarter 2022 results: EPS: CN¥0.028 (down from CN¥0.034 in 3Q 2021). Revenue: CN¥1.77b (up 4.3% from 3Q 2021). Net income: CN¥29.1m (down 17% from 3Q 2021). Profit margin: 1.6% (down from 2.1% in 3Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Aug 25Second quarter 2022 earnings released: EPS: CN¥0.054 (vs CN¥0.062 in 2Q 2021)Second quarter 2022 results: EPS: CN¥0.054 (down from CN¥0.062 in 2Q 2021). Revenue: CN¥1.92b (up 17% from 2Q 2021). Net income: CN¥55.4m (down 12% from 2Q 2021). Profit margin: 2.9% (down from 3.9% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 52% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Apr 27First quarter 2022 earnings released: EPS: CN¥0.084 (vs CN¥0.057 in 1Q 2021)First quarter 2022 results: EPS: CN¥0.084 (up from CN¥0.057 in 1Q 2021). Revenue: CN¥2.03b (up 39% from 1Q 2021). Net income: CN¥86.2m (up 48% from 1Q 2021). Profit margin: 4.2% (up from 4.0% in 1Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 71% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings.
Board Change • Apr 27High number of new and inexperienced directorsThere are 7 new directors who have joined the board in the last 3 years. The company's board is composed of: 7 new directors. 5 experienced directors. No highly experienced directors. Independent Director Zhao Nian Liu is the most experienced director on the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.
Reported Earnings • Mar 29Full year 2021 earnings released: EPS: CN¥0.17 (vs CN¥0.10 in FY 2020)Full year 2021 results: EPS: CN¥0.17 (up from CN¥0.10 in FY 2020). Revenue: CN¥6.27b (up 26% from FY 2020). Net income: CN¥171.7m (up 66% from FY 2020). Profit margin: 2.7% (up from 2.1% in FY 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 88% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Nov 26Investor sentiment improved over the past weekAfter last week's 19% share price gain to CN¥11.29, the stock trades at a trailing P/E ratio of 61.7x. Average trailing P/E is 32x in the Metals and Mining industry in China. Total returns to shareholders of 121% over the past three years.
Valuation Update With 7 Day Price Move • Nov 26Investor sentiment improved over the past weekAfter last week's 19% share price gain to CN¥11.29, the stock trades at a trailing P/E ratio of 61.7x. Average trailing P/E is 32x in the Metals and Mining industry in China. Total returns to shareholders of 121% over the past three years.
Reported Earnings • Oct 31Third quarter 2021 earnings released: EPS CN¥0.034 (vs CN¥0.021 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: CN¥1.69b (up 35% from 3Q 2020). Net income: CN¥35.2m (up 60% from 3Q 2020). Profit margin: 2.1% (up from 1.7% in 3Q 2020). Over the last 3 years on average, earnings per share has increased by 93% per year but the company’s share price has only increased by 23% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Aug 28Second quarter 2021 earnings released: EPS CN¥0.062 (vs CN¥0.041 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CN¥1.64b (up 28% from 2Q 2020). Net income: CN¥63.2m (up 51% from 2Q 2020). Profit margin: 3.9% (up from 3.3% in 2Q 2020). Over the last 3 years on average, earnings per share has increased by 86% per year but the company’s share price has only increased by 28% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Jul 10Investor sentiment improved over the past weekAfter last week's 19% share price gain to CN¥9.63, the stock trades at a trailing P/E ratio of 64.6x. Average trailing P/E is 29x in the Metals and Mining industry in China. Total returns to shareholders of 57% over the past three years.
Reported Earnings • Apr 15First quarter 2021 earnings released: EPS CN¥0.057 (vs CN¥0.008 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: CN¥1.46b (up 36% from 1Q 2020). Net income: CN¥58.1m (up CN¥49.8m from 1Q 2020). Profit margin: 4.0% (up from 0.8% in 1Q 2020). Over the last 3 years on average, earnings per share has increased by 70% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.
Reported Earnings • Mar 26Full year 2020 earnings released: EPS CN¥0.10 (vs CN¥0.16 in FY 2019)The company reported a soft full year result with weaker earnings and profit margins, although revenues improved. Full year 2020 results: Revenue: CN¥4.98b (up 4.2% from FY 2019). Net income: CN¥103.5m (down 37% from FY 2019). Profit margin: 2.1% (down from 3.4% in FY 2019). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 51% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.
Is New 90 Day High Low • Jan 18New 90-day high: CN¥7.43The company is up 8.0% from its price of CN¥6.85 on 21 October 2020. The Chinese market is up 7.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Metals and Mining industry, which is up 13% over the same period.
Is New 90 Day High Low • Nov 24New 90-day high: CN¥7.42The company is up 7.0% from its price of CN¥6.95 on 26 August 2020. The Chinese market is flat over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Metals and Mining industry, which is up 8.0% over the same period.
Reported Earnings • Nov 01Third quarter earnings releasedOver the last 12 months the company has reported total profits of CN¥124.1m, with earnings increasing by CN¥146.4m from the prior year. Total revenue was CN¥4.77b over the last 12 months, down 1.5% from the prior year.
Is New 90 Day High Low • Oct 29New 90-day low: CN¥6.55The company is down 11% from its price of CN¥7.39 on 31 July 2020. The Chinese market is down 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Metals and Mining industry, which is down 6.0% over the same period.
