View Financial HealthZhewen Interactive Group 配当と自社株買い配当金 基準チェック /06Zhewen Interactive Group現在配当金を支払っていません。主要情報0%配当利回り0.5%バイバック利回り総株主利回り0.5%将来の配当利回り0%配当成長6.5%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0%最近の配当と自社株買いの更新更新なしすべての更新を表示Recent updatesお知らせ • Jun 30Zhewen Interactive Group Co., Ltd. to Report First Half, 2026 Results on Aug 31, 2026Zhewen Interactive Group Co., Ltd. announced that they will report first half, 2026 results on Aug 31, 2026Board Change • May 22Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Director Luo Chunhua was the last independent director to join the board, commencing their role in 2025. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.New Risk • May 01New major risk - Revenue and earnings growthEarnings have declined by 11% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 0% Paying a dividend despite having no free cash flows. Earnings have declined by 11% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (9.7% average weekly change).Reported Earnings • May 01First quarter 2026 earnings released: CN¥0.02 loss per share (vs CN¥0.07 profit in 1Q 2025)First quarter 2026 results: CN¥0.02 loss per share (down from CN¥0.07 profit in 1Q 2025). Revenue: CN¥1.76b (down 14% from 1Q 2025). Net loss: CN¥22.7m (down 121% from profit in 1Q 2025). Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings.Reported Earnings • Mar 31Full year 2025 earnings released: EPS: CN¥0.06 (vs CN¥0.11 in FY 2024)Full year 2025 results: EPS: CN¥0.06 (down from CN¥0.11 in FY 2024). Revenue: CN¥8.35b (up 8.4% from FY 2024). Net income: CN¥85.5m (down 46% from FY 2024). Profit margin: 1.0% (down from 2.0% in FY 2024). Over the last 3 years on average, earnings per share has increased by 16% per year whereas the company’s share price has increased by 14% per year.お知らせ • Mar 31Zhewen Interactive Group Co., Ltd., Annual General Meeting, Apr 21, 2026Zhewen Interactive Group Co., Ltd., Annual General Meeting, Apr 21, 2026, at 14:00 China Standard Time. Location: 17F, Zhejiang Culture Building, Gongshu District, Hangzhou, Zhejiang Chinaお知らせ • Mar 30Zhewen Interactive Group Co., Ltd. to Report Q1, 2026 Results on Apr 30, 2026Zhewen Interactive Group Co., Ltd. announced that they will report Q1, 2026 results on Apr 30, 2026New Risk • Jan 12New 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 7.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Dividend is not well covered by earnings and cash flows. Payout ratio: 0% Paying a dividend despite having no free cash flows. Minor Risks Share price has been volatile over the past 3 months (7.5% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.6% net profit margin).お知らせ • Dec 26Zhewen Interactive Group Co., Ltd. to Report Fiscal Year 2025 Results on Mar 31, 2026Zhewen Interactive Group Co., Ltd. announced that they will report fiscal year 2025 results on Mar 31, 2026Reported Earnings • Oct 31Third quarter 2025 earnings released: EPS: CN¥0.01 (vs CN¥0.08 in 3Q 2024)Third quarter 2025 results: EPS: CN¥0.01 (down from CN¥0.08 in 3Q 2024). Revenue: CN¥1.89b (up 4.3% from 3Q 2024). Net income: CN¥14.9m (down 84% from 3Q 2024). Profit margin: 0.8% (down from 5.3% in 3Q 2024). Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 8.0% growth forecast for the Media industry in China. Over the last 3 years on average, earnings per share has increased by 16% per year whereas the company’s share price has increased by 21% per year.お知らせ • Sep 30Zhewen Interactive Group Co., Ltd. to Report Q3, 2025 Results on Oct 31, 2025Zhewen Interactive Group Co., Ltd. announced that they will report Q3, 2025 results on Oct 31, 2025Valuation Update With 7 Day Price Move • Sep 04Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to CN¥8.34, the stock trades at a forward P/E ratio of 45x. Average forward P/E is 29x in the Media industry in China. Total returns to shareholders of 60% over the past three years.お知らせ • Jun 30Zhewen Interactive Group Co., Ltd. to Report First Half, 2025 Results on Aug 30, 2025Zhewen Interactive Group Co., Ltd. announced that they will report first half, 2025 results on Aug 30, 2025Valuation Update With 7 Day Price Move • May 06Investor sentiment improves as stock rises 15%After last week's 15% share price gain to CN¥8.40, the stock trades at a forward P/E ratio of 45x. Average forward P/E is 18x in the Media industry in China. Total returns to shareholders of 73% over the past three years.Reported Earnings • Apr 16Full year 2024 earnings: EPS and revenues miss analyst expectationsFull year 2024 results: EPS: CN¥0.11 (down from CN¥0.14 in FY 2023). Revenue: CN¥7.70b (down 29% from FY 2023). Net income: CN¥157.8m (down 18% from FY 2023). Profit margin: 2.0% (up from 1.8% in FY 2023). Revenue missed analyst estimates by 1.3%. Earnings per share (EPS) also missed analyst estimates by 15%. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 9.0% growth forecast for the Media industry in China. Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings.お知らせ • Apr 14Zhewen Interactive Group Co., Ltd., Annual General Meeting, May 07, 2025Zhewen Interactive Group Co., Ltd., Annual General Meeting, May 07, 2025, at 14:00 China Standard Time. Location: Building F1, Phase II, No. 8, Gaojing Cultural Park Road, Gaobeidian Township, Chaoyang District, Beijing Chinaお知らせ • Mar 28Zhewen Interactive Group Co., Ltd. to Report Q1, 2025 Results on Apr 30, 2025Zhewen Interactive Group Co., Ltd. announced that they will report Q1, 2025 results on Apr 30, 2025Valuation Update With 7 Day Price Move • Mar 28Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to CN¥8.71, the stock trades at a forward P/E ratio of 57x. Average forward P/E is 23x in the Media industry in China. Total returns to shareholders of 27% over the past three years.Valuation Update With 7 Day Price Move • Mar 07Investor sentiment improves as stock rises 15%After last week's 15% share price gain to CN¥9.79, the stock trades at a forward P/E ratio of 64x. Average forward P/E is 27x in the Media industry in China. Total returns to shareholders of 71% over the past three years.分析記事 • Feb 24Should You Think About Buying Zhewen Interactive Group Co., Ltd. (SHSE:600986) Now?Zhewen Interactive Group Co., Ltd. ( SHSE:600986 ), might not be a large cap stock, but it saw a significant share...New Risk • Feb 14New 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 11% 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 (11% average weekly change). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results.Valuation Update With 7 Day Price Move • Feb 10Investor sentiment improves as stock rises 24%After last week's 24% share price gain to CN¥8.13, the stock trades at a forward P/E ratio of 53x. Average forward P/E is 25x in the Media industry in China. Total returns to shareholders of 23% over the past three years.分析記事 • Feb 07Is Zhewen Interactive Group (SHSE:600986) A Risky Investment?Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it might be obvious that you need to...分析記事 • Jan 13Some Zhewen Interactive Group Co., Ltd. (SHSE:600986) Shareholders Look For Exit As Shares Take 30% PoundingThe Zhewen Interactive Group Co., Ltd. ( SHSE:600986 ) share price has softened a substantial 30% over the previous 30...New Risk • Jan 10New 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 9.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (9.3% average weekly change). Large one-off items impacting financial results.分析記事 • Jan 09Capital Allocation Trends At Zhewen Interactive Group (SHSE:600986) Aren't IdealWhat underlying fundamental trends can indicate that a company might be in decline? A business that's potentially in...お知らせ • Dec 27Zhewen Interactive Group Co., Ltd. to Report Fiscal Year 2024 Results on Mar 31, 2025Zhewen Interactive Group Co., Ltd. announced that they will report fiscal year 2024 results on Mar 31, 2025Valuation Update With 7 Day Price Move • Dec 23Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to CN¥6.59, the stock trades at a forward P/E ratio of 39x. Average forward P/E is 29x in the Media industry in China. Total returns to shareholders of 11% over the past three years.Valuation Update With 7 Day Price Move • Dec 03Investor sentiment improves as stock rises 19%After last week's 19% share price gain to CN¥6.98, the stock trades at a trailing P/E ratio of 43.8x. Average trailing P/E is 53x in the Media industry in China. Total returns to shareholders of 54% over the past three years.分析記事 • Nov 15Optimistic Investors Push Zhewen Interactive Group Co., Ltd. (SHSE:600986) Shares Up 26% But Growth Is LackingDespite an already strong run, Zhewen Interactive Group Co., Ltd. ( SHSE:600986 ) shares have been powering on, with a...分析記事 • Nov 06Zhewen Interactive Group (SHSE:600986) Strong Profits May Be Masking Some Underlying IssuesZhewen Interactive Group Co., Ltd.'s ( SHSE:600986 ) robust recent earnings didn't do much to move the stock. We...Valuation Update With 7 Day Price Move • Nov 06Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CN¥6.02, the stock trades at a forward P/E ratio of 36x. Average forward P/E is 23x in the Media industry in China. Total returns to shareholders of 27% over the past three years.Reported Earnings • Oct 31Third quarter 2024 earnings released: EPS: CN¥0.08 (vs CN¥0.045 in 3Q 2023)Third quarter 2024 results: EPS: CN¥0.08 (up from CN¥0.045 in 3Q 2023). Revenue: CN¥1.81b (down 28% from 3Q 2023). Net income: CN¥95.4m (up 120% from 3Q 2023). Profit margin: 5.3% (up from 1.7% in 3Q 2023). Revenue is forecast to grow 22% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Media industry in China. Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings.お知らせ • Sep 30Zhewen Interactive Group Co., Ltd. to Report Q3, 2024 Results on Oct 31, 2024Zhewen Interactive Group Co., Ltd. announced that they will report Q3, 2024 results on Oct 31, 2024Valuation Update With 7 Day Price Move • Sep 30Investor sentiment improves as stock rises 23%After last week's 23% share price gain to CN¥5.12, the stock trades at a forward P/E ratio of 32x. Average forward P/E is 17x in the Media industry in China. Total returns to shareholders of 20% over the past three years.分析記事 • Sep 26Zhewen Interactive Group Co., Ltd.'s (SHSE:600986) Popularity With Investors Is Under Threat From OverpricingWith a price-to-earnings (or "P/E") ratio of 35.1x Zhewen Interactive Group Co., Ltd. ( SHSE:600986 ) may be sending...Reported Earnings • Aug 31Second quarter 2024 earnings released: EPS: CN¥0.02 (vs CN¥0.021 in 2Q 2023)Second quarter 2024 results: EPS: CN¥0.02. Revenue: CN¥1.75b (down 40% from 2Q 2023). Net income: CN¥36.8m (up 12% from 2Q 2023). Profit margin: 2.1% (up from 1.1% in 2Q 2023). Revenue is forecast to grow 19% p.a. on average during the next 3 years, compared to a 8.9% growth forecast for the Media industry in China.分析記事 • Aug 27At CN¥3.94, Is It Time To Put Zhewen Interactive Group Co., Ltd. (SHSE:600986) On Your Watch List?Zhewen Interactive Group Co., Ltd. ( SHSE:600986 ), is not the largest company out there, but it received a lot of...分析記事 • Aug 01Is Zhewen Interactive Group (SHSE:600986) A Risky Investment?David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...お知らせ • Jun 28Zhewen Interactive Group Co., Ltd. to Report First Half, 2024 Results on Aug 31, 2024Zhewen Interactive Group Co., Ltd. announced that they will report first half, 2024 results on Aug 31, 2024分析記事 • Jun 25Zhewen Interactive Group Co., Ltd.'s (SHSE:600986) Price Is Out Of Tune With EarningsWith a price-to-earnings (or "P/E") ratio of 33.5x Zhewen Interactive Group Co., Ltd. ( SHSE:600986 ) may be sending...Board Change • Jun 08Less 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 Xiaogang Jin 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.分析記事 • Apr 26Zhewen Interactive Group's (SHSE:600986) Earnings Might Not Be As Promising As They SeemSolid profit numbers didn't seem to be enough to please Zhewen Interactive Group Co., Ltd.'s ( SHSE:600986...お知らせ • Apr 21Zhewen Interactive Group Co., Ltd., Annual General Meeting, May 10, 2024Zhewen Interactive Group Co., Ltd., Annual General Meeting, May 10, 2024, at 14:00 China Standard Time.Reported Earnings • Apr 20Full year 2023 earnings: EPS and revenues miss analyst expectationsFull year 2023 results: EPS: CN¥0.14 (up from CN¥0.06 in FY 2022). Revenue: CN¥10.8b (down 27% from FY 2022). Net income: CN¥192.2m (up 138% from FY 2022). Profit margin: 1.8% (up from 0.5% in FY 2022). Revenue missed analyst estimates by 23%. Earnings per share (EPS) also missed analyst estimates by 20%. Revenue is forecast to grow 18% p.a. on average during the next 2 years, compared to a 13% growth forecast for the Media 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 increased by 3% per year, which means it is well ahead of earnings.お知らせ • Mar 29Zhewen Interactive Group Co., Ltd. to Report Q1, 2024 Results on Apr 30, 2024Zhewen Interactive Group Co., Ltd. announced that they will report Q1, 2024 results on Apr 30, 2024分析記事 • Mar 21Zhewen Interactive Group Co., Ltd. (SHSE:600986) Soars 25% But It's A Story Of Risk Vs RewardZhewen Interactive Group Co., Ltd. ( SHSE:600986 ) shareholders are no doubt pleased to see that the share price has...分析記事 • Mar 18Zhewen Interactive Group (SHSE:600986) Will Be Hoping To Turn Its Returns On Capital AroundWhat financial metrics can indicate to us that a company is maturing or even in decline? Typically, we'll see the trend...New Risk • Feb 22New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 13% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks Profit margins are more than 30% lower than last year (0.6% net profit margin). Shareholders have been diluted in the past year (13% increase in shares outstanding).New Risk • Jan 22New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 6.1% 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 Share price has been volatile over the past 3 months (6.1% average weekly change). Profit margins are more than 30% lower than last year (0.6% net profit margin). Shareholders have been diluted in the past year (13% increase in shares outstanding).お知らせ • Dec 29Zhewen Interactive Group Co., Ltd. to Report Fiscal Year 2023 Results on Apr 30, 2024Zhewen Interactive Group Co., Ltd. announced that they will report fiscal year 2023 results on Apr 30, 2024New Risk • Nov 06New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 13% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks Profit margins are more than 30% lower than last year (0.6% net profit margin). Shareholders have been diluted in the past year (13% increase in shares outstanding).Reported Earnings • Nov 02Third quarter 2023 earnings released: EPS: CN¥0.045 (vs CN¥0.038 in 3Q 2022)Third quarter 2023 results: EPS: CN¥0.045. Revenue: CN¥2.52b (down 31% from 3Q 2022). Net income: CN¥43.4m (down 29% from 3Q 2022). Profit margin: 1.7% (in line with 3Q 2022). Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Media industry in China.Reported Earnings • Aug 31Second quarter 2023 earnings released: EPS: CN¥0.021 (vs CN¥0.021 in 2Q 2022)Second quarter 2023 results: EPS: CN¥0.021 (in line with 2Q 2022). Revenue: CN¥2.93b (down 20% from 2Q 2022). Net income: CN¥32.8m (up 14% from 2Q 2022). Profit margin: 1.1% (up from 0.8% in 2Q 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 8.2% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Media industry in China. Over the last 3 years on average, earnings per share has increased by 120% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.Reported Earnings • Apr 26First quarter 2023 earnings released: EPS: CN¥0.03 (vs CN¥0.03 in 1Q 2022)First quarter 2023 results: EPS: CN¥0.03 (in line with 1Q 2022). Revenue: CN¥2.80b (down 32% from 1Q 2022). Net income: CN¥38.4m (up 8.4% from 1Q 2022). Profit margin: 1.4% (up from 0.9% in 1Q 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 122% per year but the company’s share price has only increased by 24% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Mar 22Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CN¥6.70, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 20x in the Media industry in China. Total returns to shareholders of 76% over the past three years.Board Change • Nov 16Less than half of directors are independentThere are 8 new directors who have joined the board in the last 3 years. Of these new board members, 3 were independent directors. The company's board is composed of: 8 new directors. No experienced directors. 1 highly experienced director. 3 independent directors (4 non-independent directors). Deputy GM, Financial Director, CFO & Director Qiao Lan Wang is the most experienced director on the board, commencing their role in 2012. Independent Director Jianwen Liao was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors.Reported Earnings • Oct 30Third quarter 2022 earnings released: EPS: CN¥0.038 (vs CN¥0.06 in 3Q 2021)Third quarter 2022 results: EPS: CN¥0.038 (down from CN¥0.06 in 3Q 2021). Revenue: CN¥3.63b (down 9.3% from 3Q 2021). Net income: CN¥61.1m (down 21% from 3Q 2021). Profit margin: 1.7% (down from 1.9% in 3Q 2021). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 7.6% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Media industry in China. Over the last 3 years on average, earnings per share has increased by 98% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.Valuation Update With 7 Day Price Move • Aug 17Investor sentiment improved over the past weekAfter last week's 16% share price gain to CN¥6.25, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 16x in the Media industry in China. Total returns to shareholders of 68% over the past three years.Reported Earnings • Aug 07Second quarter 2022 earnings released: EPS: CN¥0.021 (vs CN¥0.058 in 2Q 2021)Second quarter 2022 results: EPS: CN¥0.021 (down from CN¥0.058 in 2Q 2021). Revenue: CN¥3.66b (down 7.8% from 2Q 2021). Net income: CN¥28.9m (down 66% from 2Q 2021). Profit margin: 0.8% (down from 2.2% in 2Q 2021). The decrease in margin was driven by lower revenue. Over the next year, revenue is forecast to grow 8.4%, compared to a 10% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has increased by 75% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Jun 10Investor sentiment improved over the past weekAfter last week's 17% share price gain to CN¥6.04, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 16x in the Media industry in China. Total returns to shareholders of 47% over the past three years.Reported Earnings • May 02First quarter 2022 earnings: EPS in line with expectations, revenues disappointFirst quarter 2022 results: EPS: CN¥0.03 (down from CN¥0.04 in 1Q 2021). Revenue: CN¥4.08b (up 45% from 1Q 2021). Net income: CN¥35.4m (down 26% from 1Q 2021). Profit margin: 0.9% (down from 1.7% in 1Q 2021). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 1.0%. Earnings per share (EPS) were mostly in line with analyst estimates. Over the next year, revenue is forecast to grow 4.3%, compared to a 10% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has increased by 46% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.Board Change • Apr 27High number of new and inexperienced directorsThere are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. No experienced directors. 2 highly experienced directors. CFO & Director Qiao Lan Wang is the most experienced director on the board, commencing their role in 2012. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.Valuation Update With 7 Day Price Move • Apr 13Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to CN¥5.79, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 15x in the Media industry in China. Total loss to shareholders of 3.9% over the past three years.Reported Earnings • Apr 03Full year 2021 earnings: EPS in line with expectations, revenues disappointFull year 2021 results: EPS: CN¥0.22 (up from CN¥0.07 in FY 2020). Revenue: CN¥14.3b (up 54% from FY 2020). Net income: CN¥294.4m (up 212% from FY 2020). Profit margin: 2.1% (up from 1.0% in FY 2020). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 1.0%. Earnings per share (EPS) were mostly in line with analyst estimates. Over the next year, revenue is forecast to grow 16%, compared to a 18% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Mar 22Investor sentiment improved over the past weekAfter last week's 19% share price gain to CN¥6.38, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 15x in the Media industry in China. Total returns to shareholders of 13% over the past three years.Valuation Update With 7 Day Price Move • Jan 24Investor sentiment deteriorated over the past weekAfter last week's 23% share price decline to CN¥6.90, the stock trades at a trailing P/E ratio of 44.8x. Average trailing P/E is 34x in the Media industry in China. Total returns to shareholders of 68% over the past three years.お知らせ • Dec 30Zhewen Interactive Group Co., Ltd. announced that it expects to receive CNY 800 million in funding from Hangzhou Bowen Equity Investment Co., Ltd.Zhewen Interactive Group Co., Ltd. announced a private placement of not more than CNY 800,000,000 on December 29, 2021. The transaction will include participation from Hangzhou Bowen Equity Investment Co., Ltd. The offering price is CNY 4.85 per share, which is not less than 80% of the average price of the company’s stock trading on the 20 trading days before the pricing base date. The company will not issue more than 164,948,453 shares, accounting for no more than 12.47% of the company's total share capital before the non-public issuance, and no more than 30% of the company's total share capital before the non-public issuance. The shares subscribed by investor shall not be transferred within 18 months from the date of the end of the offering. The transaction has been deliberated and approved at the first meeting of the company's tenth board of directors, is subject to approval of competent state-owned assets authorities, company's shareholders meeting, and China Securities Regulatory Commission.Valuation Update With 7 Day Price Move • Dec 30Investor sentiment improved over the past weekAfter last week's 16% share price gain to CN¥7.66, the stock trades at a trailing P/E ratio of 49.7x. Average trailing P/E is 31x in the Media industry in China. Total returns to shareholders of 85% over the past three years.Valuation Update With 7 Day Price Move • Dec 13Investor sentiment improved over the past weekAfter last week's 18% share price gain to CN¥5.36, the stock trades at a trailing P/E ratio of 34.8x. Average trailing P/E is 28x in the Media industry in China. Total returns to shareholders of 21% over the past three years.Valuation Update With 7 Day Price Move • Dec 13Investor sentiment improved over the past weekAfter last week's 18% share price gain to CN¥5.36, the stock trades at a trailing P/E ratio of 34.8x. Average trailing P/E is 28x in the Media industry in China. Total returns to shareholders of 21% over the past three years.Reported Earnings • Oct 31Third quarter 2021 earnings released: EPS CN¥0.06 (vs CN¥0.04 in 3Q 2020)The company reported a solid third quarter result with improved earnings and revenues, although profit margins were weaker. Third quarter 2021 results: Revenue: CN¥4.00b (up 70% from 3Q 2020). Net income: CN¥77.1m (up 66% from 3Q 2020). Profit margin: 1.9% (down from 2.0% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings.Reported Earnings • Aug 12Second quarter 2021 earnings released: EPS CN¥0.058 (vs CN¥0.035 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CN¥3.97b (up 74% from 2Q 2020). Net income: CN¥85.5m (up 120% from 2Q 2020). Profit margin: 2.2% (up from 1.7% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 51% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings.Reported Earnings • Apr 29First quarter 2021 earnings released: EPS CN¥0.04 (vs CN¥0.01 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: CN¥2.81b (up 25% from 1Q 2020). Net income: CN¥47.8m (up 185% from 1Q 2020). Profit margin: 1.7% (up from 0.7% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 60 percentage points per year, which is a significant difference in performance.Reported Earnings • Apr 01Full year 2020 earnings released: EPS CN¥0.07 (vs CN¥1.89 loss in FY 2019)The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: CN¥9.26b (down 51% from FY 2019). Net income: CN¥94.4m (up CN¥2.60b from FY 2019). Profit margin: 1.0% (up from net loss in FY 2019). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 81 percentage points per year, which is a significant difference in performance.お知らせ • Mar 09Zhewen Interactive Group Co., Ltd. to Report Fiscal Year 2020 Results on Mar 31, 2021Zhewen Interactive Group Co., Ltd. announced that they will report fiscal year 2020 results on Mar 31, 2021お知らせ • Jan 28Zhewen Interactive Group Co., Ltd.(XSSC:600986) dropped from S&P Global BMI IndexKeda Group Co., Ltd.(XSSC:600986) dropped from S&P Global BMI IndexIs New 90 Day High Low • Jan 25New 90-day low: CN¥4.05The company is down 21% from its price of CN¥5.10 on 27 October 2020. The Chinese market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Media industry, which is down 11% over the same period.Is New 90 Day High Low • Dec 16New 90-day low: CN¥4.39The company is down 13% from its price of CN¥5.04 on 17 September 2020. The Chinese market is up 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Media industry, which is down 5.0% over the same period.Is New 90 Day High Low • Nov 25New 90-day low: CN¥4.79The company is down 5.0% from its price of CN¥5.06 on 27 August 2020. The Chinese market is up 1.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Media industry, which is down 6.0% over the same period.Reported Earnings • Oct 30Third quarter earnings releasedOver the last 12 months the company has reported total losses of CN¥2.53b, with losses widening by CN¥2.44b from the prior year. Total revenue was CN¥11.6b over the last 12 months, down 35% from the prior year.お知らせ • Oct 27Keda Group Co., Ltd. to Report Q3, 2020 Results on Oct 30, 2020Keda Group Co., Ltd. announced that they will report Q3, 2020 results on Oct 30, 2020お知らせ • Sep 22Keda Group Co., Ltd. announced that it expects to receive CNY 1.499999999 billion in funding from Hangzhou Zhewen Hulian Enterprise Management Partnership Enterprise (Limited Partnership)Keda Group Co., Ltd. (SHSE:600986) announced that it has entered into an share subscription agreement with new investor Hangzhou Zhewen Hulian Enterprise Management Partnership Enterprise (Limited Partnership) for private placement of 373,134,328 shares at CNY 4.02 per share for gross proceeds of not more than CNY 1,499,999,999 on September 20, 2020. The investor will acquire 20.65% stake in the company. The registered capital of the company will increase to 1,697,686,689 shares. The transaction has been approved at the 9th extraordinary directorate meeting and at the 9th extraordinary supervisory board meeting of the company and approved at the management committee meeting of the investor. The transaction is subject to approval from the shareholders of the company and from China Securities Regulatory Commission. All the shares issued in the transaction cannot be transferred within 18 months from the issuance closing date.決済の安定と成長配当データの取得安定した配当: 600986の 1 株当たり配当が過去に安定していたかどうかを判断するにはデータが不十分です。増加する配当: 600986の配当金が増加しているかどうかを判断するにはデータが不十分です。配当利回り対市場Zhewen Interactive Group 配当利回り対市場600986 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 (600986)0%市場下位25% (CN)0.5%市場トップ25% (CN)2.3%業界平均 (Media)2.5%アナリスト予想 (600986) (最長3年)0%注目すべき配当: 600986は最近配当金を報告していないため、配当金支払者の下位 25% に対して同社の配当利回りを評価することはできません。高配当: 600986は最近配当金を報告していないため、配当金支払者の上位 25% に対して同社の配当利回りを評価することはできません。株主への利益配当収益カバレッジ: 600986 CN市場において目立った配当金を支払っていません。株主配当金キャッシュフローカバレッジ: 600986が配当金を報告していないため、配当金の持続可能性を計算できません。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2026/07/22 13:15終値2026/07/22 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Zhewen Interactive Group Co., Ltd. 0 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。3 アナリスト機関Yue ZhengChina Galaxy Securities Co., Ltd.Heng ZhangGuosen Securities Co., Ltd.Hao WenTianfeng Securities Brokerage Co., Ltd
お知らせ • Jun 30Zhewen Interactive Group Co., Ltd. to Report First Half, 2026 Results on Aug 31, 2026Zhewen Interactive Group Co., Ltd. announced that they will report first half, 2026 results on Aug 31, 2026
Board Change • May 22Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Director Luo Chunhua was the last independent director to join the board, commencing their role in 2025. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
New Risk • May 01New major risk - Revenue and earnings growthEarnings have declined by 11% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 0% Paying a dividend despite having no free cash flows. Earnings have declined by 11% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (9.7% average weekly change).
Reported Earnings • May 01First quarter 2026 earnings released: CN¥0.02 loss per share (vs CN¥0.07 profit in 1Q 2025)First quarter 2026 results: CN¥0.02 loss per share (down from CN¥0.07 profit in 1Q 2025). Revenue: CN¥1.76b (down 14% from 1Q 2025). Net loss: CN¥22.7m (down 121% from profit in 1Q 2025). Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings.
Reported Earnings • Mar 31Full year 2025 earnings released: EPS: CN¥0.06 (vs CN¥0.11 in FY 2024)Full year 2025 results: EPS: CN¥0.06 (down from CN¥0.11 in FY 2024). Revenue: CN¥8.35b (up 8.4% from FY 2024). Net income: CN¥85.5m (down 46% from FY 2024). Profit margin: 1.0% (down from 2.0% in FY 2024). Over the last 3 years on average, earnings per share has increased by 16% per year whereas the company’s share price has increased by 14% per year.
お知らせ • Mar 31Zhewen Interactive Group Co., Ltd., Annual General Meeting, Apr 21, 2026Zhewen Interactive Group Co., Ltd., Annual General Meeting, Apr 21, 2026, at 14:00 China Standard Time. Location: 17F, Zhejiang Culture Building, Gongshu District, Hangzhou, Zhejiang China
お知らせ • Mar 30Zhewen Interactive Group Co., Ltd. to Report Q1, 2026 Results on Apr 30, 2026Zhewen Interactive Group Co., Ltd. announced that they will report Q1, 2026 results on Apr 30, 2026
New Risk • Jan 12New 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 7.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Dividend is not well covered by earnings and cash flows. Payout ratio: 0% Paying a dividend despite having no free cash flows. Minor Risks Share price has been volatile over the past 3 months (7.5% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.6% net profit margin).
お知らせ • Dec 26Zhewen Interactive Group Co., Ltd. to Report Fiscal Year 2025 Results on Mar 31, 2026Zhewen Interactive Group Co., Ltd. announced that they will report fiscal year 2025 results on Mar 31, 2026
Reported Earnings • Oct 31Third quarter 2025 earnings released: EPS: CN¥0.01 (vs CN¥0.08 in 3Q 2024)Third quarter 2025 results: EPS: CN¥0.01 (down from CN¥0.08 in 3Q 2024). Revenue: CN¥1.89b (up 4.3% from 3Q 2024). Net income: CN¥14.9m (down 84% from 3Q 2024). Profit margin: 0.8% (down from 5.3% in 3Q 2024). Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 8.0% growth forecast for the Media industry in China. Over the last 3 years on average, earnings per share has increased by 16% per year whereas the company’s share price has increased by 21% per year.
お知らせ • Sep 30Zhewen Interactive Group Co., Ltd. to Report Q3, 2025 Results on Oct 31, 2025Zhewen Interactive Group Co., Ltd. announced that they will report Q3, 2025 results on Oct 31, 2025
Valuation Update With 7 Day Price Move • Sep 04Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to CN¥8.34, the stock trades at a forward P/E ratio of 45x. Average forward P/E is 29x in the Media industry in China. Total returns to shareholders of 60% over the past three years.
お知らせ • Jun 30Zhewen Interactive Group Co., Ltd. to Report First Half, 2025 Results on Aug 30, 2025Zhewen Interactive Group Co., Ltd. announced that they will report first half, 2025 results on Aug 30, 2025
Valuation Update With 7 Day Price Move • May 06Investor sentiment improves as stock rises 15%After last week's 15% share price gain to CN¥8.40, the stock trades at a forward P/E ratio of 45x. Average forward P/E is 18x in the Media industry in China. Total returns to shareholders of 73% over the past three years.
Reported Earnings • Apr 16Full year 2024 earnings: EPS and revenues miss analyst expectationsFull year 2024 results: EPS: CN¥0.11 (down from CN¥0.14 in FY 2023). Revenue: CN¥7.70b (down 29% from FY 2023). Net income: CN¥157.8m (down 18% from FY 2023). Profit margin: 2.0% (up from 1.8% in FY 2023). Revenue missed analyst estimates by 1.3%. Earnings per share (EPS) also missed analyst estimates by 15%. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 9.0% growth forecast for the Media industry in China. Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings.
お知らせ • Apr 14Zhewen Interactive Group Co., Ltd., Annual General Meeting, May 07, 2025Zhewen Interactive Group Co., Ltd., Annual General Meeting, May 07, 2025, at 14:00 China Standard Time. Location: Building F1, Phase II, No. 8, Gaojing Cultural Park Road, Gaobeidian Township, Chaoyang District, Beijing China
お知らせ • Mar 28Zhewen Interactive Group Co., Ltd. to Report Q1, 2025 Results on Apr 30, 2025Zhewen Interactive Group Co., Ltd. announced that they will report Q1, 2025 results on Apr 30, 2025
Valuation Update With 7 Day Price Move • Mar 28Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to CN¥8.71, the stock trades at a forward P/E ratio of 57x. Average forward P/E is 23x in the Media industry in China. Total returns to shareholders of 27% over the past three years.
Valuation Update With 7 Day Price Move • Mar 07Investor sentiment improves as stock rises 15%After last week's 15% share price gain to CN¥9.79, the stock trades at a forward P/E ratio of 64x. Average forward P/E is 27x in the Media industry in China. Total returns to shareholders of 71% over the past three years.
分析記事 • Feb 24Should You Think About Buying Zhewen Interactive Group Co., Ltd. (SHSE:600986) Now?Zhewen Interactive Group Co., Ltd. ( SHSE:600986 ), might not be a large cap stock, but it saw a significant share...
New Risk • Feb 14New 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 11% 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 (11% average weekly change). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results.
Valuation Update With 7 Day Price Move • Feb 10Investor sentiment improves as stock rises 24%After last week's 24% share price gain to CN¥8.13, the stock trades at a forward P/E ratio of 53x. Average forward P/E is 25x in the Media industry in China. Total returns to shareholders of 23% over the past three years.
分析記事 • Feb 07Is Zhewen Interactive Group (SHSE:600986) A Risky Investment?Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it might be obvious that you need to...
分析記事 • Jan 13Some Zhewen Interactive Group Co., Ltd. (SHSE:600986) Shareholders Look For Exit As Shares Take 30% PoundingThe Zhewen Interactive Group Co., Ltd. ( SHSE:600986 ) share price has softened a substantial 30% over the previous 30...
New Risk • Jan 10New 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 9.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (9.3% average weekly change). Large one-off items impacting financial results.
分析記事 • Jan 09Capital Allocation Trends At Zhewen Interactive Group (SHSE:600986) Aren't IdealWhat underlying fundamental trends can indicate that a company might be in decline? A business that's potentially in...
お知らせ • Dec 27Zhewen Interactive Group Co., Ltd. to Report Fiscal Year 2024 Results on Mar 31, 2025Zhewen Interactive Group Co., Ltd. announced that they will report fiscal year 2024 results on Mar 31, 2025
Valuation Update With 7 Day Price Move • Dec 23Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to CN¥6.59, the stock trades at a forward P/E ratio of 39x. Average forward P/E is 29x in the Media industry in China. Total returns to shareholders of 11% over the past three years.
Valuation Update With 7 Day Price Move • Dec 03Investor sentiment improves as stock rises 19%After last week's 19% share price gain to CN¥6.98, the stock trades at a trailing P/E ratio of 43.8x. Average trailing P/E is 53x in the Media industry in China. Total returns to shareholders of 54% over the past three years.
分析記事 • Nov 15Optimistic Investors Push Zhewen Interactive Group Co., Ltd. (SHSE:600986) Shares Up 26% But Growth Is LackingDespite an already strong run, Zhewen Interactive Group Co., Ltd. ( SHSE:600986 ) shares have been powering on, with a...
分析記事 • Nov 06Zhewen Interactive Group (SHSE:600986) Strong Profits May Be Masking Some Underlying IssuesZhewen Interactive Group Co., Ltd.'s ( SHSE:600986 ) robust recent earnings didn't do much to move the stock. We...
Valuation Update With 7 Day Price Move • Nov 06Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CN¥6.02, the stock trades at a forward P/E ratio of 36x. Average forward P/E is 23x in the Media industry in China. Total returns to shareholders of 27% over the past three years.
Reported Earnings • Oct 31Third quarter 2024 earnings released: EPS: CN¥0.08 (vs CN¥0.045 in 3Q 2023)Third quarter 2024 results: EPS: CN¥0.08 (up from CN¥0.045 in 3Q 2023). Revenue: CN¥1.81b (down 28% from 3Q 2023). Net income: CN¥95.4m (up 120% from 3Q 2023). Profit margin: 5.3% (up from 1.7% in 3Q 2023). Revenue is forecast to grow 22% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Media industry in China. Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings.
お知らせ • Sep 30Zhewen Interactive Group Co., Ltd. to Report Q3, 2024 Results on Oct 31, 2024Zhewen Interactive Group Co., Ltd. announced that they will report Q3, 2024 results on Oct 31, 2024
Valuation Update With 7 Day Price Move • Sep 30Investor sentiment improves as stock rises 23%After last week's 23% share price gain to CN¥5.12, the stock trades at a forward P/E ratio of 32x. Average forward P/E is 17x in the Media industry in China. Total returns to shareholders of 20% over the past three years.
分析記事 • Sep 26Zhewen Interactive Group Co., Ltd.'s (SHSE:600986) Popularity With Investors Is Under Threat From OverpricingWith a price-to-earnings (or "P/E") ratio of 35.1x Zhewen Interactive Group Co., Ltd. ( SHSE:600986 ) may be sending...
Reported Earnings • Aug 31Second quarter 2024 earnings released: EPS: CN¥0.02 (vs CN¥0.021 in 2Q 2023)Second quarter 2024 results: EPS: CN¥0.02. Revenue: CN¥1.75b (down 40% from 2Q 2023). Net income: CN¥36.8m (up 12% from 2Q 2023). Profit margin: 2.1% (up from 1.1% in 2Q 2023). Revenue is forecast to grow 19% p.a. on average during the next 3 years, compared to a 8.9% growth forecast for the Media industry in China.
分析記事 • Aug 27At CN¥3.94, Is It Time To Put Zhewen Interactive Group Co., Ltd. (SHSE:600986) On Your Watch List?Zhewen Interactive Group Co., Ltd. ( SHSE:600986 ), is not the largest company out there, but it received a lot of...
分析記事 • Aug 01Is Zhewen Interactive Group (SHSE:600986) A Risky Investment?David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
お知らせ • Jun 28Zhewen Interactive Group Co., Ltd. to Report First Half, 2024 Results on Aug 31, 2024Zhewen Interactive Group Co., Ltd. announced that they will report first half, 2024 results on Aug 31, 2024
分析記事 • Jun 25Zhewen Interactive Group Co., Ltd.'s (SHSE:600986) Price Is Out Of Tune With EarningsWith a price-to-earnings (or "P/E") ratio of 33.5x Zhewen Interactive Group Co., Ltd. ( SHSE:600986 ) may be sending...
Board Change • Jun 08Less 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 Xiaogang Jin 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.
分析記事 • Apr 26Zhewen Interactive Group's (SHSE:600986) Earnings Might Not Be As Promising As They SeemSolid profit numbers didn't seem to be enough to please Zhewen Interactive Group Co., Ltd.'s ( SHSE:600986...
お知らせ • Apr 21Zhewen Interactive Group Co., Ltd., Annual General Meeting, May 10, 2024Zhewen Interactive Group Co., Ltd., Annual General Meeting, May 10, 2024, at 14:00 China Standard Time.
Reported Earnings • Apr 20Full year 2023 earnings: EPS and revenues miss analyst expectationsFull year 2023 results: EPS: CN¥0.14 (up from CN¥0.06 in FY 2022). Revenue: CN¥10.8b (down 27% from FY 2022). Net income: CN¥192.2m (up 138% from FY 2022). Profit margin: 1.8% (up from 0.5% in FY 2022). Revenue missed analyst estimates by 23%. Earnings per share (EPS) also missed analyst estimates by 20%. Revenue is forecast to grow 18% p.a. on average during the next 2 years, compared to a 13% growth forecast for the Media 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 increased by 3% per year, which means it is well ahead of earnings.
お知らせ • Mar 29Zhewen Interactive Group Co., Ltd. to Report Q1, 2024 Results on Apr 30, 2024Zhewen Interactive Group Co., Ltd. announced that they will report Q1, 2024 results on Apr 30, 2024
分析記事 • Mar 21Zhewen Interactive Group Co., Ltd. (SHSE:600986) Soars 25% But It's A Story Of Risk Vs RewardZhewen Interactive Group Co., Ltd. ( SHSE:600986 ) shareholders are no doubt pleased to see that the share price has...
分析記事 • Mar 18Zhewen Interactive Group (SHSE:600986) Will Be Hoping To Turn Its Returns On Capital AroundWhat financial metrics can indicate to us that a company is maturing or even in decline? Typically, we'll see the trend...
New Risk • Feb 22New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 13% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks Profit margins are more than 30% lower than last year (0.6% net profit margin). Shareholders have been diluted in the past year (13% increase in shares outstanding).
New Risk • Jan 22New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 6.1% 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 Share price has been volatile over the past 3 months (6.1% average weekly change). Profit margins are more than 30% lower than last year (0.6% net profit margin). Shareholders have been diluted in the past year (13% increase in shares outstanding).
お知らせ • Dec 29Zhewen Interactive Group Co., Ltd. to Report Fiscal Year 2023 Results on Apr 30, 2024Zhewen Interactive Group Co., Ltd. announced that they will report fiscal year 2023 results on Apr 30, 2024
New Risk • Nov 06New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 13% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks Profit margins are more than 30% lower than last year (0.6% net profit margin). Shareholders have been diluted in the past year (13% increase in shares outstanding).
Reported Earnings • Nov 02Third quarter 2023 earnings released: EPS: CN¥0.045 (vs CN¥0.038 in 3Q 2022)Third quarter 2023 results: EPS: CN¥0.045. Revenue: CN¥2.52b (down 31% from 3Q 2022). Net income: CN¥43.4m (down 29% from 3Q 2022). Profit margin: 1.7% (in line with 3Q 2022). Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Media industry in China.
Reported Earnings • Aug 31Second quarter 2023 earnings released: EPS: CN¥0.021 (vs CN¥0.021 in 2Q 2022)Second quarter 2023 results: EPS: CN¥0.021 (in line with 2Q 2022). Revenue: CN¥2.93b (down 20% from 2Q 2022). Net income: CN¥32.8m (up 14% from 2Q 2022). Profit margin: 1.1% (up from 0.8% in 2Q 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 8.2% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Media industry in China. Over the last 3 years on average, earnings per share has increased by 120% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Apr 26First quarter 2023 earnings released: EPS: CN¥0.03 (vs CN¥0.03 in 1Q 2022)First quarter 2023 results: EPS: CN¥0.03 (in line with 1Q 2022). Revenue: CN¥2.80b (down 32% from 1Q 2022). Net income: CN¥38.4m (up 8.4% from 1Q 2022). Profit margin: 1.4% (up from 0.9% in 1Q 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 122% per year but the company’s share price has only increased by 24% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Mar 22Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CN¥6.70, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 20x in the Media industry in China. Total returns to shareholders of 76% over the past three years.
Board Change • Nov 16Less than half of directors are independentThere are 8 new directors who have joined the board in the last 3 years. Of these new board members, 3 were independent directors. The company's board is composed of: 8 new directors. No experienced directors. 1 highly experienced director. 3 independent directors (4 non-independent directors). Deputy GM, Financial Director, CFO & Director Qiao Lan Wang is the most experienced director on the board, commencing their role in 2012. Independent Director Jianwen Liao was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors.
Reported Earnings • Oct 30Third quarter 2022 earnings released: EPS: CN¥0.038 (vs CN¥0.06 in 3Q 2021)Third quarter 2022 results: EPS: CN¥0.038 (down from CN¥0.06 in 3Q 2021). Revenue: CN¥3.63b (down 9.3% from 3Q 2021). Net income: CN¥61.1m (down 21% from 3Q 2021). Profit margin: 1.7% (down from 1.9% in 3Q 2021). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 7.6% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Media industry in China. Over the last 3 years on average, earnings per share has increased by 98% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.
Valuation Update With 7 Day Price Move • Aug 17Investor sentiment improved over the past weekAfter last week's 16% share price gain to CN¥6.25, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 16x in the Media industry in China. Total returns to shareholders of 68% over the past three years.
Reported Earnings • Aug 07Second quarter 2022 earnings released: EPS: CN¥0.021 (vs CN¥0.058 in 2Q 2021)Second quarter 2022 results: EPS: CN¥0.021 (down from CN¥0.058 in 2Q 2021). Revenue: CN¥3.66b (down 7.8% from 2Q 2021). Net income: CN¥28.9m (down 66% from 2Q 2021). Profit margin: 0.8% (down from 2.2% in 2Q 2021). The decrease in margin was driven by lower revenue. Over the next year, revenue is forecast to grow 8.4%, compared to a 10% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has increased by 75% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Jun 10Investor sentiment improved over the past weekAfter last week's 17% share price gain to CN¥6.04, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 16x in the Media industry in China. Total returns to shareholders of 47% over the past three years.
Reported Earnings • May 02First quarter 2022 earnings: EPS in line with expectations, revenues disappointFirst quarter 2022 results: EPS: CN¥0.03 (down from CN¥0.04 in 1Q 2021). Revenue: CN¥4.08b (up 45% from 1Q 2021). Net income: CN¥35.4m (down 26% from 1Q 2021). Profit margin: 0.9% (down from 1.7% in 1Q 2021). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 1.0%. Earnings per share (EPS) were mostly in line with analyst estimates. Over the next year, revenue is forecast to grow 4.3%, compared to a 10% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has increased by 46% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.
Board Change • Apr 27High number of new and inexperienced directorsThere are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. No experienced directors. 2 highly experienced directors. CFO & Director Qiao Lan Wang is the most experienced director on the board, commencing their role in 2012. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.
Valuation Update With 7 Day Price Move • Apr 13Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to CN¥5.79, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 15x in the Media industry in China. Total loss to shareholders of 3.9% over the past three years.
Reported Earnings • Apr 03Full year 2021 earnings: EPS in line with expectations, revenues disappointFull year 2021 results: EPS: CN¥0.22 (up from CN¥0.07 in FY 2020). Revenue: CN¥14.3b (up 54% from FY 2020). Net income: CN¥294.4m (up 212% from FY 2020). Profit margin: 2.1% (up from 1.0% in FY 2020). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 1.0%. Earnings per share (EPS) were mostly in line with analyst estimates. Over the next year, revenue is forecast to grow 16%, compared to a 18% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Mar 22Investor sentiment improved over the past weekAfter last week's 19% share price gain to CN¥6.38, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 15x in the Media industry in China. Total returns to shareholders of 13% over the past three years.
Valuation Update With 7 Day Price Move • Jan 24Investor sentiment deteriorated over the past weekAfter last week's 23% share price decline to CN¥6.90, the stock trades at a trailing P/E ratio of 44.8x. Average trailing P/E is 34x in the Media industry in China. Total returns to shareholders of 68% over the past three years.
お知らせ • Dec 30Zhewen Interactive Group Co., Ltd. announced that it expects to receive CNY 800 million in funding from Hangzhou Bowen Equity Investment Co., Ltd.Zhewen Interactive Group Co., Ltd. announced a private placement of not more than CNY 800,000,000 on December 29, 2021. The transaction will include participation from Hangzhou Bowen Equity Investment Co., Ltd. The offering price is CNY 4.85 per share, which is not less than 80% of the average price of the company’s stock trading on the 20 trading days before the pricing base date. The company will not issue more than 164,948,453 shares, accounting for no more than 12.47% of the company's total share capital before the non-public issuance, and no more than 30% of the company's total share capital before the non-public issuance. The shares subscribed by investor shall not be transferred within 18 months from the date of the end of the offering. The transaction has been deliberated and approved at the first meeting of the company's tenth board of directors, is subject to approval of competent state-owned assets authorities, company's shareholders meeting, and China Securities Regulatory Commission.
Valuation Update With 7 Day Price Move • Dec 30Investor sentiment improved over the past weekAfter last week's 16% share price gain to CN¥7.66, the stock trades at a trailing P/E ratio of 49.7x. Average trailing P/E is 31x in the Media industry in China. Total returns to shareholders of 85% over the past three years.
Valuation Update With 7 Day Price Move • Dec 13Investor sentiment improved over the past weekAfter last week's 18% share price gain to CN¥5.36, the stock trades at a trailing P/E ratio of 34.8x. Average trailing P/E is 28x in the Media industry in China. Total returns to shareholders of 21% over the past three years.
Valuation Update With 7 Day Price Move • Dec 13Investor sentiment improved over the past weekAfter last week's 18% share price gain to CN¥5.36, the stock trades at a trailing P/E ratio of 34.8x. Average trailing P/E is 28x in the Media industry in China. Total returns to shareholders of 21% over the past three years.
Reported Earnings • Oct 31Third quarter 2021 earnings released: EPS CN¥0.06 (vs CN¥0.04 in 3Q 2020)The company reported a solid third quarter result with improved earnings and revenues, although profit margins were weaker. Third quarter 2021 results: Revenue: CN¥4.00b (up 70% from 3Q 2020). Net income: CN¥77.1m (up 66% from 3Q 2020). Profit margin: 1.9% (down from 2.0% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings.
Reported Earnings • Aug 12Second quarter 2021 earnings released: EPS CN¥0.058 (vs CN¥0.035 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CN¥3.97b (up 74% from 2Q 2020). Net income: CN¥85.5m (up 120% from 2Q 2020). Profit margin: 2.2% (up from 1.7% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 51% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings.
Reported Earnings • Apr 29First quarter 2021 earnings released: EPS CN¥0.04 (vs CN¥0.01 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: CN¥2.81b (up 25% from 1Q 2020). Net income: CN¥47.8m (up 185% from 1Q 2020). Profit margin: 1.7% (up from 0.7% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 60 percentage points per year, which is a significant difference in performance.
Reported Earnings • Apr 01Full year 2020 earnings released: EPS CN¥0.07 (vs CN¥1.89 loss in FY 2019)The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: CN¥9.26b (down 51% from FY 2019). Net income: CN¥94.4m (up CN¥2.60b from FY 2019). Profit margin: 1.0% (up from net loss in FY 2019). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 81 percentage points per year, which is a significant difference in performance.
お知らせ • Mar 09Zhewen Interactive Group Co., Ltd. to Report Fiscal Year 2020 Results on Mar 31, 2021Zhewen Interactive Group Co., Ltd. announced that they will report fiscal year 2020 results on Mar 31, 2021
お知らせ • Jan 28Zhewen Interactive Group Co., Ltd.(XSSC:600986) dropped from S&P Global BMI IndexKeda Group Co., Ltd.(XSSC:600986) dropped from S&P Global BMI Index
Is New 90 Day High Low • Jan 25New 90-day low: CN¥4.05The company is down 21% from its price of CN¥5.10 on 27 October 2020. The Chinese market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Media industry, which is down 11% over the same period.
Is New 90 Day High Low • Dec 16New 90-day low: CN¥4.39The company is down 13% from its price of CN¥5.04 on 17 September 2020. The Chinese market is up 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Media industry, which is down 5.0% over the same period.
Is New 90 Day High Low • Nov 25New 90-day low: CN¥4.79The company is down 5.0% from its price of CN¥5.06 on 27 August 2020. The Chinese market is up 1.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Media industry, which is down 6.0% over the same period.
Reported Earnings • Oct 30Third quarter earnings releasedOver the last 12 months the company has reported total losses of CN¥2.53b, with losses widening by CN¥2.44b from the prior year. Total revenue was CN¥11.6b over the last 12 months, down 35% from the prior year.
お知らせ • Oct 27Keda Group Co., Ltd. to Report Q3, 2020 Results on Oct 30, 2020Keda Group Co., Ltd. announced that they will report Q3, 2020 results on Oct 30, 2020
お知らせ • Sep 22Keda Group Co., Ltd. announced that it expects to receive CNY 1.499999999 billion in funding from Hangzhou Zhewen Hulian Enterprise Management Partnership Enterprise (Limited Partnership)Keda Group Co., Ltd. (SHSE:600986) announced that it has entered into an share subscription agreement with new investor Hangzhou Zhewen Hulian Enterprise Management Partnership Enterprise (Limited Partnership) for private placement of 373,134,328 shares at CNY 4.02 per share for gross proceeds of not more than CNY 1,499,999,999 on September 20, 2020. The investor will acquire 20.65% stake in the company. The registered capital of the company will increase to 1,697,686,689 shares. The transaction has been approved at the 9th extraordinary directorate meeting and at the 9th extraordinary supervisory board meeting of the company and approved at the management committee meeting of the investor. The transaction is subject to approval from the shareholders of the company and from China Securities Regulatory Commission. All the shares issued in the transaction cannot be transferred within 18 months from the issuance closing date.