View Financial HealthXianheLtd 配当と自社株買い配当金 基準チェック /36XianheLtd配当を支払う会社であり、現在の利回りは3.37%で、収益によって十分にカバーされています。主要情報3.4%配当利回り0.01%バイバック利回り総株主利回り3.4%将来の配当利回り3.2%配当成長8.6%次回配当支払日n/a配当落ち日n/a一株当たり配当金n/a配当性向48%最近の配当と自社株買いの更新Declared Dividend • Jun 22Dividend increased to CN¥0.35Dividend of CN¥0.35 is 13% higher than last year. Ex-date: 27th June 2024 Payment date: 27th June 2024 Dividend yield will be 1.9%, which is lower than the industry average of 2.6%. Sustainability & Growth Dividend is covered by earnings (30% 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 decreased over the past 66 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 97% over the next 3 years, which should provide support to the dividend and adequate earnings cover.すべての更新を表示Recent updatesBoard Change • May 20Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 6 experienced directors. 3 highly experienced directors. 3 independent directors (4 non-independent directors). Independent Director Zixue Zhou was the last independent 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: Minority of independent directors. Insufficient board refreshment.お知らせ • Apr 29Xianhe Co.,Ltd., Annual General Meeting, May 19, 2026Xianhe Co.,Ltd., Annual General Meeting, May 19, 2026, at 14:00 China Standard Time. Location: The Company's Meeting Room, Quzhou, Zhejiang Chinaお知らせ • Mar 30Xianhe Co.,Ltd. to Report Q1, 2026 Results on Apr 30, 2026Xianhe Co.,Ltd. announced that they will report Q1, 2026 results on Apr 30, 2026お知らせ • Dec 26Xianhe Co.,Ltd. to Report Fiscal Year 2025 Results on Apr 29, 2026Xianhe Co.,Ltd. announced that they will report fiscal year 2025 results on Apr 29, 2026お知らせ • Sep 30Xianhe Co.,Ltd. to Report Q3, 2025 Results on Oct 31, 2025Xianhe Co.,Ltd. announced that they will report Q3, 2025 results on Oct 31, 2025お知らせ • Jun 30Xianhe Co.,Ltd. to Report First Half, 2025 Results on Aug 29, 2025Xianhe Co.,Ltd. announced that they will report first half, 2025 results on Aug 29, 2025お知らせ • Apr 29Xianhe Co.,Ltd., Annual General Meeting, May 20, 2025Xianhe Co.,Ltd., Annual General Meeting, May 20, 2025, at 14:00 China Standard Time.お知らせ • Mar 28Xianhe Co.,Ltd. to Report Q1, 2025 Results on Apr 29, 2025Xianhe Co.,Ltd. announced that they will report Q1, 2025 results on Apr 29, 2025お知らせ • Dec 27Xianhe Co.,Ltd. to Report Fiscal Year 2024 Results on Apr 29, 2025Xianhe Co.,Ltd. announced that they will report fiscal year 2024 results on Apr 29, 2025Reported Earnings • Oct 30Third quarter 2024 earnings released: EPS: CN¥0.38 (vs CN¥0.28 in 3Q 2023)Third quarter 2024 results: EPS: CN¥0.38 (up from CN¥0.28 in 3Q 2023). Revenue: CN¥2.66b (up 8.7% from 3Q 2023). Net income: CN¥266.6m (up 33% from 3Q 2023). Profit margin: 10.0% (up from 8.2% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 22% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Forestry industry in China. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has fallen by 19% per year, which means it is performing significantly worse than earnings.お知らせ • Sep 30Xianhe Co.,Ltd. to Report Q3, 2024 Results on Oct 30, 2024Xianhe Co.,Ltd. announced that they will report Q3, 2024 results on Oct 30, 2024Valuation Update With 7 Day Price Move • Sep 27Investor sentiment improves as stock rises 17%After last week's 17% share price gain to CN¥17.74, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 11x in the Forestry industry in China. Total loss to shareholders of 43% over the past three years.Reported Earnings • Aug 15Second quarter 2024 earnings released: EPS: CN¥0.40 (vs CN¥0.087 in 2Q 2023)Second quarter 2024 results: EPS: CN¥0.40 (up from CN¥0.087 in 2Q 2023). Revenue: CN¥2.39b (up 24% from 2Q 2023). Net income: CN¥281.6m (up 381% from 2Q 2023). Profit margin: 12% (up from 3.0% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 22% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Forestry industry in China. Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has fallen by 24% per year, which means it is performing significantly worse than earnings.お知らせ • Jun 28Xianhe Co.,Ltd. to Report First Half, 2024 Results on Aug 15, 2024Xianhe Co.,Ltd. announced that they will report first half, 2024 results on Aug 15, 2024Declared Dividend • Jun 22Dividend increased to CN¥0.35Dividend of CN¥0.35 is 13% higher than last year. Ex-date: 27th June 2024 Payment date: 27th June 2024 Dividend yield will be 1.9%, which is lower than the industry average of 2.6%. Sustainability & Growth Dividend is covered by earnings (30% 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 decreased over the past 66 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 97% over the next 3 years, which should provide support to the dividend and adequate earnings cover.New Risk • May 12New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 6.2% Last year net profit margin: 9.5% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). High level of non-cash earnings (47% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (6.2% net profit margin).お知らせ • Apr 29Xianhe Co.,Ltd., Annual General Meeting, May 17, 2024Xianhe Co.,Ltd., Annual General Meeting, May 17, 2024, at 14:00 China Standard Time. Location: The Company's Meeting Room, Quzhou, Zhejiang Chinaお知らせ • Mar 29Xianhe Co.,Ltd. to Report Q1, 2024 Results on Apr 30, 2024Xianhe Co.,Ltd. announced that they will report Q1, 2024 results on Apr 30, 2024Valuation Update With 7 Day Price Move • Feb 05Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to CN¥11.80, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 10x in the Forestry industry in China. Total loss to shareholders of 46% over the past three years.お知らせ • Dec 29Xianhe Co.,Ltd. to Report Fiscal Year 2023 Results on Apr 03, 2024Xianhe Co.,Ltd. announced that they will report fiscal year 2023 results on Apr 03, 2024Reported Earnings • Nov 01Third quarter 2023 earnings released: EPS: CN¥0.28 (vs CN¥0.30 in 3Q 2022)Third quarter 2023 results: EPS: CN¥0.28 (down from CN¥0.30 in 3Q 2022). Revenue: CN¥2.45b (up 28% from 3Q 2022). Net income: CN¥201.2m (down 5.5% from 3Q 2022). Profit margin: 8.2% (down from 11% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 22% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Forestry industry in China. Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.Board Change • Sep 27Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Zixue Zhou was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • Aug 30Second quarter 2023 earnings released: EPS: CN¥0.087 (vs CN¥0.29 in 2Q 2022)Second quarter 2023 results: EPS: CN¥0.087 (down from CN¥0.29 in 2Q 2022). Revenue: CN¥1.93b (flat on 2Q 2022). Net income: CN¥58.5m (down 72% from 2Q 2022). Profit margin: 3.0% (down from 11% in 2Q 2022). Revenue is forecast to grow 24% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Forestry industry in China. Over the last 3 years on average, earnings per share has fallen by 9% per year whereas the company’s share price has fallen by 4% per year.お知らせ • Jun 28Xianhe Co.,Ltd. to Report First Half, 2023 Results on Aug 30, 2023Xianhe Co.,Ltd. announced that they will report first half, 2023 results on Aug 30, 2023Reported Earnings • Mar 30Full year 2022 earnings released: EPS: CN¥1.01 (vs CN¥1.44 in FY 2021)Full year 2022 results: EPS: CN¥1.01 (down from CN¥1.44 in FY 2021). Revenue: CN¥7.74b (up 29% from FY 2021). Net income: CN¥710.3m (down 30% from FY 2021). Profit margin: 9.2% (down from 17% in FY 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 20% p.a. on average during the next 2 years, compared to a 11% growth forecast for the Forestry industry in China. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has increased by 21% per year, which means it is tracking significantly ahead of earnings growth.Board Change • Nov 16Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 11 experienced directors. No highly experienced directors. was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.Reported Earnings • Oct 30Third quarter 2022 earnings released: EPS: CN¥0.30 (vs CN¥0.42 in 3Q 2021)Third quarter 2022 results: EPS: CN¥0.30 (down from CN¥0.42 in 3Q 2021). Revenue: CN¥1.91b (up 30% from 3Q 2021). Net income: CN¥212.8m (down 28% from 3Q 2021). Profit margin: 11% (down from 20% 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 17% growth forecast for the Forestry industry in China. Over the last 3 years on average, earnings per share has increased by 18% per year whereas the company’s share price has increased by 17% per year.Reported Earnings • Aug 21Second quarter 2022 earnings released: EPS: CN¥0.29 (vs CN¥0.46 in 2Q 2021)Second quarter 2022 results: EPS: CN¥0.29 (down from CN¥0.46 in 2Q 2021). Revenue: CN¥1.92b (up 41% from 2Q 2021). Net income: CN¥208.2m (down 37% from 2Q 2021). Profit margin: 11% (down from 24% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 31%, compared to a 43% growth forecast for the Forestry industry in China. Over the last 3 years on average, earnings per share has increased by 30% per year whereas the company’s share price has increased by 26% per year.Reported Earnings • Apr 30First quarter 2022 earnings released: EPS: CN¥0.21 (vs CN¥0.40 in 1Q 2021)First quarter 2022 results: EPS: CN¥0.21 (down from CN¥0.40 in 1Q 2021). Revenue: CN¥1.68b (up 10.0% from 1Q 2021). Net income: CN¥146.0m (down 48% from 1Q 2021). Profit margin: 8.7% (down from 18% in 1Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 33%, compared to a 52% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.Board Change • Apr 27Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 11 experienced directors. No highly experienced directors. was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.Reported Earnings • Oct 26Third quarter 2021 earnings released: EPS CN¥0.42 (vs CN¥0.32 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: CN¥1.48b (up 13% from 3Q 2020). Net income: CN¥294.3m (up 39% from 3Q 2020). Profit margin: 20% (up from 16% in 3Q 2020). The increase in margin was driven by higher revenue.Reported Earnings • Aug 09Second quarter 2021 earnings released: EPS CN¥0.46 (vs CN¥0.29 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CN¥1.36b (up 21% from 2Q 2020). Net income: CN¥329.1m (up 85% from 2Q 2020). Profit margin: 24% (up from 16% in 2Q 2020). The increase in margin was driven by higher revenue.Valuation Update With 7 Day Price Move • Jul 02Investor sentiment improved over the past weekAfter last week's 16% share price gain to CN¥37.80, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 17x in the Forestry industry in China. Total returns to shareholders of 130% over the past year.Valuation Update With 7 Day Price Move • Jun 07Investor sentiment improved over the past weekAfter last week's 16% share price gain to CN¥31.36, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 20x in the Forestry industry in China. Total returns to shareholders of 102% over the past year.Reported Earnings • Apr 25First quarter 2021 earnings released: EPS CN¥0.40 (vs CN¥0.17 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: CN¥1.53b (up 69% from 1Q 2020). Net income: CN¥279.8m (up 168% from 1Q 2020). Profit margin: 18% (up from 12% in 1Q 2020). The increase in margin was driven by higher revenue.Reported Earnings • Apr 01Full year 2020 earnings released: EPS CN¥1.13 (vs CN¥0.72 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: CN¥4.84b (up 6.0% from FY 2019). Net income: CN¥717.2m (up 63% from FY 2019). Profit margin: 15% (up from 9.6% in FY 2019).Valuation Update With 7 Day Price Move • Feb 10Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to CN¥23.06, the stock is trading at a trailing P/E ratio of 21.6x, down from the previous P/E ratio of 25.8x. This compares to an average P/E of 23x in the Forestry industry in China. Total returns to shareholders over the past year are 49%.Is New 90 Day High Low • Jan 27New 90-day high: CN¥27.82The company is up 51% from its price of CN¥18.41 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 Forestry industry, which is up 18% over the same period.Is New 90 Day High Low • Dec 15New 90-day high: CN¥25.44The company is up 29% from its price of CN¥19.68 on 17 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 Forestry industry, which is up 3.0% over the same period.Valuation Update With 7 Day Price Move • Nov 20Market bids up stock over the past weekAfter last week's 18% share price gain to CN¥22.52, the stock is trading at a trailing P/E ratio of 21.1x, up from the previous P/E ratio of 17.9x. This compares to an average P/E of 25x in the Forestry industry in China. Total returns to shareholders over the past year are 68%.Is New 90 Day High Low • Oct 30New 90-day low: CN¥18.41The company is down 20% from its price of CN¥23.11 on 31 July 2020. The Chinese market is down 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Forestry industry, which is down 2.0% over the same period.Reported Earnings • Oct 30Third quarter earnings releasedOver the last 12 months the company has reported total profits of CN¥666.3m, up 114% from the prior year. Total revenue was CN¥4.62b over the last 12 months, up 3.4% from the prior year.決済の安定と成長配当データの取得安定した配当: 603733は 10 年未満配当金を支払っており、この間、支払額は 変動性 が高かった。増加する配当: 603733の配当金は増加していますが、同社は8年間しか配当金を支払っていません。配当利回り対市場XianheLtd 配当利回り対市場603733 配当利回りは市場と比べてどうか？セグメント配当利回り会社 (603733)3.4%市場下位25% (CN)0.4%市場トップ25% (CN)1.9%業界平均 (Forestry)2.4%アナリスト予想 (603733) (最長3年)3.2%注目すべき配当: 603733の配当金 ( 3.37% ) はCN市場の配当金支払者の下位 25% ( 0.36% ) よりも高くなっています。高配当: 603733の配当金 ( 3.37% ) はCN市場 ( 1.94% ) の配当支払者の中で上位 25% に入っています。株主への利益配当収益カバレッジ: 603733の 配当性向 ( 48.3% ) はかなり低いため、配当金の支払いは利益によって十分にカバーされます。株主配当金キャッシュフローカバレッジ: 603733は配当金を支払っていますが、同社にはフリーキャッシュフローがありません。高配当企業の発掘7D1Y7D1Y7D1YCN 市場の強力な配当支払い企業。View Management企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/23 14:41終値2026/05/22 00:00収益2026/03/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Xianhe 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。1 アナリスト機関Yunyan XuChina International Capital Corporation Limited
Declared Dividend • Jun 22Dividend increased to CN¥0.35Dividend of CN¥0.35 is 13% higher than last year. Ex-date: 27th June 2024 Payment date: 27th June 2024 Dividend yield will be 1.9%, which is lower than the industry average of 2.6%. Sustainability & Growth Dividend is covered by earnings (30% 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 decreased over the past 66 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 97% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Board Change • May 20Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 6 experienced directors. 3 highly experienced directors. 3 independent directors (4 non-independent directors). Independent Director Zixue Zhou was the last independent 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: Minority of independent directors. Insufficient board refreshment.
お知らせ • Apr 29Xianhe Co.,Ltd., Annual General Meeting, May 19, 2026Xianhe Co.,Ltd., Annual General Meeting, May 19, 2026, at 14:00 China Standard Time. Location: The Company's Meeting Room, Quzhou, Zhejiang China
お知らせ • Mar 30Xianhe Co.,Ltd. to Report Q1, 2026 Results on Apr 30, 2026Xianhe Co.,Ltd. announced that they will report Q1, 2026 results on Apr 30, 2026
お知らせ • Dec 26Xianhe Co.,Ltd. to Report Fiscal Year 2025 Results on Apr 29, 2026Xianhe Co.,Ltd. announced that they will report fiscal year 2025 results on Apr 29, 2026
お知らせ • Sep 30Xianhe Co.,Ltd. to Report Q3, 2025 Results on Oct 31, 2025Xianhe Co.,Ltd. announced that they will report Q3, 2025 results on Oct 31, 2025
お知らせ • Jun 30Xianhe Co.,Ltd. to Report First Half, 2025 Results on Aug 29, 2025Xianhe Co.,Ltd. announced that they will report first half, 2025 results on Aug 29, 2025
お知らせ • Apr 29Xianhe Co.,Ltd., Annual General Meeting, May 20, 2025Xianhe Co.,Ltd., Annual General Meeting, May 20, 2025, at 14:00 China Standard Time.
お知らせ • Mar 28Xianhe Co.,Ltd. to Report Q1, 2025 Results on Apr 29, 2025Xianhe Co.,Ltd. announced that they will report Q1, 2025 results on Apr 29, 2025
お知らせ • Dec 27Xianhe Co.,Ltd. to Report Fiscal Year 2024 Results on Apr 29, 2025Xianhe Co.,Ltd. announced that they will report fiscal year 2024 results on Apr 29, 2025
Reported Earnings • Oct 30Third quarter 2024 earnings released: EPS: CN¥0.38 (vs CN¥0.28 in 3Q 2023)Third quarter 2024 results: EPS: CN¥0.38 (up from CN¥0.28 in 3Q 2023). Revenue: CN¥2.66b (up 8.7% from 3Q 2023). Net income: CN¥266.6m (up 33% from 3Q 2023). Profit margin: 10.0% (up from 8.2% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 22% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Forestry industry in China. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has fallen by 19% per year, which means it is performing significantly worse than earnings.
お知らせ • Sep 30Xianhe Co.,Ltd. to Report Q3, 2024 Results on Oct 30, 2024Xianhe Co.,Ltd. announced that they will report Q3, 2024 results on Oct 30, 2024
Valuation Update With 7 Day Price Move • Sep 27Investor sentiment improves as stock rises 17%After last week's 17% share price gain to CN¥17.74, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 11x in the Forestry industry in China. Total loss to shareholders of 43% over the past three years.
Reported Earnings • Aug 15Second quarter 2024 earnings released: EPS: CN¥0.40 (vs CN¥0.087 in 2Q 2023)Second quarter 2024 results: EPS: CN¥0.40 (up from CN¥0.087 in 2Q 2023). Revenue: CN¥2.39b (up 24% from 2Q 2023). Net income: CN¥281.6m (up 381% from 2Q 2023). Profit margin: 12% (up from 3.0% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 22% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Forestry industry in China. Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has fallen by 24% per year, which means it is performing significantly worse than earnings.
お知らせ • Jun 28Xianhe Co.,Ltd. to Report First Half, 2024 Results on Aug 15, 2024Xianhe Co.,Ltd. announced that they will report first half, 2024 results on Aug 15, 2024
Declared Dividend • Jun 22Dividend increased to CN¥0.35Dividend of CN¥0.35 is 13% higher than last year. Ex-date: 27th June 2024 Payment date: 27th June 2024 Dividend yield will be 1.9%, which is lower than the industry average of 2.6%. Sustainability & Growth Dividend is covered by earnings (30% 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 decreased over the past 66 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 97% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
New Risk • May 12New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 6.2% Last year net profit margin: 9.5% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). High level of non-cash earnings (47% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (6.2% net profit margin).
お知らせ • Apr 29Xianhe Co.,Ltd., Annual General Meeting, May 17, 2024Xianhe Co.,Ltd., Annual General Meeting, May 17, 2024, at 14:00 China Standard Time. Location: The Company's Meeting Room, Quzhou, Zhejiang China
お知らせ • Mar 29Xianhe Co.,Ltd. to Report Q1, 2024 Results on Apr 30, 2024Xianhe Co.,Ltd. announced that they will report Q1, 2024 results on Apr 30, 2024
Valuation Update With 7 Day Price Move • Feb 05Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to CN¥11.80, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 10x in the Forestry industry in China. Total loss to shareholders of 46% over the past three years.
お知らせ • Dec 29Xianhe Co.,Ltd. to Report Fiscal Year 2023 Results on Apr 03, 2024Xianhe Co.,Ltd. announced that they will report fiscal year 2023 results on Apr 03, 2024
Reported Earnings • Nov 01Third quarter 2023 earnings released: EPS: CN¥0.28 (vs CN¥0.30 in 3Q 2022)Third quarter 2023 results: EPS: CN¥0.28 (down from CN¥0.30 in 3Q 2022). Revenue: CN¥2.45b (up 28% from 3Q 2022). Net income: CN¥201.2m (down 5.5% from 3Q 2022). Profit margin: 8.2% (down from 11% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 22% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Forestry industry in China. Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.
Board Change • Sep 27Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Zixue Zhou was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • Aug 30Second quarter 2023 earnings released: EPS: CN¥0.087 (vs CN¥0.29 in 2Q 2022)Second quarter 2023 results: EPS: CN¥0.087 (down from CN¥0.29 in 2Q 2022). Revenue: CN¥1.93b (flat on 2Q 2022). Net income: CN¥58.5m (down 72% from 2Q 2022). Profit margin: 3.0% (down from 11% in 2Q 2022). Revenue is forecast to grow 24% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Forestry industry in China. Over the last 3 years on average, earnings per share has fallen by 9% per year whereas the company’s share price has fallen by 4% per year.
お知らせ • Jun 28Xianhe Co.,Ltd. to Report First Half, 2023 Results on Aug 30, 2023Xianhe Co.,Ltd. announced that they will report first half, 2023 results on Aug 30, 2023
Reported Earnings • Mar 30Full year 2022 earnings released: EPS: CN¥1.01 (vs CN¥1.44 in FY 2021)Full year 2022 results: EPS: CN¥1.01 (down from CN¥1.44 in FY 2021). Revenue: CN¥7.74b (up 29% from FY 2021). Net income: CN¥710.3m (down 30% from FY 2021). Profit margin: 9.2% (down from 17% in FY 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 20% p.a. on average during the next 2 years, compared to a 11% growth forecast for the Forestry industry in China. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has increased by 21% per year, which means it is tracking significantly ahead of earnings growth.
Board Change • Nov 16Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 11 experienced directors. No highly experienced directors. was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.
Reported Earnings • Oct 30Third quarter 2022 earnings released: EPS: CN¥0.30 (vs CN¥0.42 in 3Q 2021)Third quarter 2022 results: EPS: CN¥0.30 (down from CN¥0.42 in 3Q 2021). Revenue: CN¥1.91b (up 30% from 3Q 2021). Net income: CN¥212.8m (down 28% from 3Q 2021). Profit margin: 11% (down from 20% 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 17% growth forecast for the Forestry industry in China. Over the last 3 years on average, earnings per share has increased by 18% per year whereas the company’s share price has increased by 17% per year.
Reported Earnings • Aug 21Second quarter 2022 earnings released: EPS: CN¥0.29 (vs CN¥0.46 in 2Q 2021)Second quarter 2022 results: EPS: CN¥0.29 (down from CN¥0.46 in 2Q 2021). Revenue: CN¥1.92b (up 41% from 2Q 2021). Net income: CN¥208.2m (down 37% from 2Q 2021). Profit margin: 11% (down from 24% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 31%, compared to a 43% growth forecast for the Forestry industry in China. Over the last 3 years on average, earnings per share has increased by 30% per year whereas the company’s share price has increased by 26% per year.
Reported Earnings • Apr 30First quarter 2022 earnings released: EPS: CN¥0.21 (vs CN¥0.40 in 1Q 2021)First quarter 2022 results: EPS: CN¥0.21 (down from CN¥0.40 in 1Q 2021). Revenue: CN¥1.68b (up 10.0% from 1Q 2021). Net income: CN¥146.0m (down 48% from 1Q 2021). Profit margin: 8.7% (down from 18% in 1Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 33%, compared to a 52% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.
Board Change • Apr 27Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 11 experienced directors. No highly experienced directors. was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.
Reported Earnings • Oct 26Third quarter 2021 earnings released: EPS CN¥0.42 (vs CN¥0.32 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: CN¥1.48b (up 13% from 3Q 2020). Net income: CN¥294.3m (up 39% from 3Q 2020). Profit margin: 20% (up from 16% in 3Q 2020). The increase in margin was driven by higher revenue.
Reported Earnings • Aug 09Second quarter 2021 earnings released: EPS CN¥0.46 (vs CN¥0.29 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CN¥1.36b (up 21% from 2Q 2020). Net income: CN¥329.1m (up 85% from 2Q 2020). Profit margin: 24% (up from 16% in 2Q 2020). The increase in margin was driven by higher revenue.
Valuation Update With 7 Day Price Move • Jul 02Investor sentiment improved over the past weekAfter last week's 16% share price gain to CN¥37.80, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 17x in the Forestry industry in China. Total returns to shareholders of 130% over the past year.
Valuation Update With 7 Day Price Move • Jun 07Investor sentiment improved over the past weekAfter last week's 16% share price gain to CN¥31.36, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 20x in the Forestry industry in China. Total returns to shareholders of 102% over the past year.
Reported Earnings • Apr 25First quarter 2021 earnings released: EPS CN¥0.40 (vs CN¥0.17 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: CN¥1.53b (up 69% from 1Q 2020). Net income: CN¥279.8m (up 168% from 1Q 2020). Profit margin: 18% (up from 12% in 1Q 2020). The increase in margin was driven by higher revenue.
Reported Earnings • Apr 01Full year 2020 earnings released: EPS CN¥1.13 (vs CN¥0.72 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: CN¥4.84b (up 6.0% from FY 2019). Net income: CN¥717.2m (up 63% from FY 2019). Profit margin: 15% (up from 9.6% in FY 2019).
Valuation Update With 7 Day Price Move • Feb 10Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to CN¥23.06, the stock is trading at a trailing P/E ratio of 21.6x, down from the previous P/E ratio of 25.8x. This compares to an average P/E of 23x in the Forestry industry in China. Total returns to shareholders over the past year are 49%.
Is New 90 Day High Low • Jan 27New 90-day high: CN¥27.82The company is up 51% from its price of CN¥18.41 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 Forestry industry, which is up 18% over the same period.
Is New 90 Day High Low • Dec 15New 90-day high: CN¥25.44The company is up 29% from its price of CN¥19.68 on 17 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 Forestry industry, which is up 3.0% over the same period.
Valuation Update With 7 Day Price Move • Nov 20Market bids up stock over the past weekAfter last week's 18% share price gain to CN¥22.52, the stock is trading at a trailing P/E ratio of 21.1x, up from the previous P/E ratio of 17.9x. This compares to an average P/E of 25x in the Forestry industry in China. Total returns to shareholders over the past year are 68%.
Is New 90 Day High Low • Oct 30New 90-day low: CN¥18.41The company is down 20% from its price of CN¥23.11 on 31 July 2020. The Chinese market is down 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Forestry industry, which is down 2.0% over the same period.
Reported Earnings • Oct 30Third quarter earnings releasedOver the last 12 months the company has reported total profits of CN¥666.3m, up 114% from the prior year. Total revenue was CN¥4.62b over the last 12 months, up 3.4% from the prior year.