View ValuationFocus Technology 将来の成長Future 基準チェック /36Focus Technology利益と収益がそれぞれ年間22.7%と14%増加すると予測されています。EPS は年間 増加すると予想されています。自己資本利益率は 3 年後に24.5% 22.7%なると予測されています。主要情報22.7%収益成長率22.68%EPS成長率Interactive Media and Services 収益成長9.7%収益成長率14.0%将来の株主資本利益率24.49%アナリストカバレッジLow最終更新日08 Jun 2026今後の成長に関する最新情報更新なしすべての更新を表示Recent updatesお知らせ • Jun 30Focus Technology Co., Ltd. to Report First Half, 2026 Results on Aug 26, 2026Focus Technology Co., Ltd. announced that they will report first half, 2026 results on Aug 26, 2026お知らせ • Jun 06Focus Technology Co., Ltd. Approves Board Elections, Effective June 3, 2026Focus Technology Co., Ltd. announced that at the Extraordinary General Meeting held on June 3, 2026, approved the election of Cao Rui and Li Yougen as non-independent directors and Zhao Lindu and Ling Zhen as independent directors.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. 7 experienced directors. 1 highly experienced director. 4 independent directors (5 non-independent directors). Independent Director Qiaogen Feng was the last independent director to join the board, commencing their role in 2023. 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 • Mar 31Focus Technology Co., Ltd. to Report Q1, 2026 Results on Apr 30, 2026Focus Technology Co., Ltd. announced that they will report Q1, 2026 results on Apr 30, 2026お知らせ • Mar 19Focus Technology Co., Ltd., Annual General Meeting, Apr 10, 2026Focus Technology Co., Ltd., Annual General Meeting, Apr 10, 2026, at 14:00 China Standard Time. Location: The Company's Meeting Room, Nanjing, Jiangsu Chinaお知らせ • Dec 31Focus Technology Co., Ltd. to Report Fiscal Year 2025 Results on Mar 20, 2026Focus Technology Co., Ltd. announced that they will report fiscal year 2025 results on Mar 20, 2026お知らせ • Sep 30Focus Technology Co., Ltd. to Report Q3, 2025 Results on Oct 28, 2025Focus Technology Co., Ltd. announced that they will report Q3, 2025 results on Oct 28, 2025お知らせ • Jul 02Focus Technology Co., Ltd. to Report First Half, 2025 Results on Aug 30, 2025Focus Technology Co., Ltd. announced that they will report first half, 2025 results on Aug 30, 2025お知らせ • Mar 31Focus Technology Co., Ltd. to Report Q1, 2025 Results on Apr 30, 2025Focus Technology Co., Ltd. announced that they will report Q1, 2025 results on Apr 30, 2025お知らせ • Mar 21Focus Technology Co., Ltd. Approves Dividend for 2024Focus Technology Co., Ltd. at its AGM held on March 19, 2025, approved the profit distribution proposal for 2024 as follows: Cash dividend (tax included): CNY 5.50000000 per ten shares.お知らせ • Feb 26Focus Technology Co., Ltd., Annual General Meeting, Mar 19, 2025Focus Technology Co., Ltd., Annual General Meeting, Mar 19, 2025, at 14:00 China Standard Time. Location: The Company's Meeting Room, Nanjing, Jiangsu Chinaお知らせ • Dec 31Focus Technology Co., Ltd. to Report Fiscal Year 2024 Results on Feb 26, 2025Focus Technology Co., Ltd. announced that they will report fiscal year 2024 results on Feb 26, 2025Valuation Update With 7 Day Price Move • Nov 14Investor sentiment improves as stock rises 17%After last week's 17% share price gain to CN¥37.43, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 59x in the Interactive Media and Services industry in China. Total returns to shareholders of 171% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥53.95 per share.Reported Earnings • Oct 31Third quarter 2024 earnings released: EPS: CN¥0.39 (vs CN¥0.35 in 3Q 2023)Third quarter 2024 results: EPS: CN¥0.39 (up from CN¥0.35 in 3Q 2023). Revenue: CN¥418.4m (up 8.5% from 3Q 2023). Net income: CN¥124.0m (up 15% from 3Q 2023). Profit margin: 30% (up from 28% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 8.3% growth forecast for the Interactive Media and Services industry in Asia. Over the last 3 years on average, earnings per share has increased by 21% per year whereas the company’s share price has increased by 24% per year.Board Change • Oct 08Less than half of directors are independentThere are 5 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent Outside Director Jia Meng was the last independent director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.お知らせ • Sep 30Focus Technology Co., Ltd. to Report Q3, 2024 Results on Oct 31, 2024Focus Technology Co., Ltd. announced that they will report Q3, 2024 results on Oct 31, 2024Valuation Update With 7 Day Price Move • Sep 28Investor sentiment improves as stock rises 17%After last week's 17% share price gain to CN¥27.30, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 20x in the Interactive Media and Services industry in Asia. Total returns to shareholders of 91% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥50.19 per share.お知らせ • Sep 24Hangzhou Robam Appliances Co., Ltd. Announces Interim Cash Dividend of the Year 2024 of A Shares, Payable on 27 September 2024Hangzhou Robam Appliances Co., Ltd. announced interim cash dividend/10 shares (tax included) of CNY 5.50000000 for year 2024 of A shares. Record date is 26 September 2024. Ex-date is 27 September 2024. Payment date is 27 September 2024.お知らせ • Sep 20Focus Technology Co., Ltd. Approves Interim Cash Dividend for the Year 2024Focus Technology Co., Ltd. at its Extraordinary General Meeting held on 18 September 2024, approved interim cash dividend per ten shares (tax included) of CNY 5.50000000 for the year 2024.Reported Earnings • Aug 31Second quarter 2024 earnings released: EPS: CN¥0.50 (vs CN¥0.45 in 2Q 2023)Second quarter 2024 results: EPS: CN¥0.50 (up from CN¥0.45 in 2Q 2023). Revenue: CN¥409.5m (up 4.2% from 2Q 2023). Net income: CN¥157.0m (up 11% from 2Q 2023). Profit margin: 38% (up from 36% in 2Q 2023). Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 8.5% growth forecast for the Interactive Media and Services industry in Asia. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth.Reported Earnings • Jul 20Second quarter 2024 earnings released: EPS: CN¥0.50 (vs CN¥0.45 in 2Q 2023)Second quarter 2024 results: EPS: CN¥0.50 (up from CN¥0.45 in 2Q 2023). Revenue: CN¥409.5m (up 4.2% from 2Q 2023). Net income: CN¥156.8m (up 11% from 2Q 2023). Profit margin: 38% (up from 36% in 2Q 2023). Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 8.7% growth forecast for the Interactive Media and Services industry in Asia. Over the last 3 years on average, earnings per share has increased by 19% per year whereas the company’s share price has increased by 14% per year.お知らせ • Jun 29Focus Technology Co., Ltd. to Report First Half, 2024 Results on Aug 31, 2024Focus Technology Co., Ltd. announced that they will report first half, 2024 results on Aug 31, 2024Buy Or Sell Opportunity • Jun 06Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 17% to CN¥28.49. The fair value is estimated to be CN¥35.84, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.7% over the last 3 years. Earnings per share has grown by 20%. Revenue is forecast to grow by 47% in 2 years. Earnings are forecast to grow by 48% in the next 2 years.Reported Earnings • Apr 26First quarter 2024 earnings released: EPS: CN¥0.24 (vs CN¥0.16 in 1Q 2023)First quarter 2024 results: EPS: CN¥0.24 (up from CN¥0.16 in 1Q 2023). Revenue: CN¥384.2m (up 11% from 1Q 2023). Net income: CN¥76.7m (up 58% from 1Q 2023). Profit margin: 20% (up from 14% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Interactive Media and Services industry in China. Over the last 3 years on average, earnings per share has increased by 20% per year whereas the company’s share price has increased by 16% per year.Buy Or Sell Opportunity • Apr 20Now 20% undervaluedOver the last 90 days, the stock has risen 4.6% to CN¥29.75. The fair value is estimated to be CN¥37.40, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.4% over the last 3 years. Earnings per share has grown by 21%. For the next 3 years, revenue is forecast to grow by 15% per annum. Earnings are also forecast to grow by 18% per annum over the same time period.Declared Dividend • Mar 31Dividend increased to CN¥1.00Dividend of CN¥1.00 is 11% higher than last year. Ex-date: 10th April 2024 Payment date: 10th April 2024 Dividend yield will be 2.8%, which is lower than the industry average of 3.0%. Sustainability & Growth Dividend is covered by both earnings (82% earnings payout ratio) and cash flows (56% cash payout ratio). The dividend has increased by an average of 10% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 62% over the next 3 years, which should provide support to the dividend and adequate earnings cover.お知らせ • Mar 30Focus Technology Co., Ltd. to Report Q1, 2024 Results on Apr 26, 2024Focus Technology Co., Ltd. announced that they will report Q1, 2024 results on Apr 26, 2024Valuation Update With 7 Day Price Move • Mar 06Investor sentiment improves as stock rises 15%After last week's 15% share price gain to CN¥35.59, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 29x in the Interactive Media and Services industry in China. Total returns to shareholders of 124% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥38.32 per share.New Risk • Feb 26New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.6% 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 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 (9.0% average weekly change). Shareholders have been diluted in the past year (2.6% increase in shares outstanding).お知らせ • Feb 24+ 1 more updateFocus Technology Co., Ltd., Annual General Meeting, Mar 15, 2024Focus Technology Co., Ltd., Annual General Meeting, Mar 15, 2024, at 14:00 China Standard Time. Location: The Company's Meeting Room, Nanjing, Jiangsu China Agenda: To consider 2023 work report of the board of directors; to consider 2023 work report of the supervisory committee; to consider 2023 annual accounts; to consider 2023 profit distribution plan; to consider 2023 annual report and its summary; to consider Amendments to the Company's rules of procedure governing the board meetings; to consider Amendments to the work system for independent directors; to consider Amendments to the connected transaction management system; and to consider other business matters.Reported Earnings • Feb 23Full year 2023 earnings released: EPS: CN¥1.21 (vs CN¥0.98 in FY 2022)Full year 2023 results: EPS: CN¥1.21 (up from CN¥0.98 in FY 2022). Revenue: CN¥1.53b (up 3.5% from FY 2022). Net income: CN¥378.9m (up 26% from FY 2022). Profit margin: 25% (up from 20% in FY 2022). The increase in margin was primarily driven by higher revenue. Revenue is forecast to grow 28% p.a. on average during the next 2 years, compared to a 17% growth forecast for the Interactive Media and Services industry in China. Over the last 3 years on average, earnings per share has increased by 21% per year whereas the company’s share price has increased by 19% per year.Valuation Update With 7 Day Price Move • Feb 02Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to CN¥24.23, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 25x in the Interactive Media and Services industry in China. Total returns to shareholders of 54% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥25.60 per share.お知らせ • Dec 30Focus Technology Co., Ltd. to Report Fiscal Year 2023 Results on Feb 23, 2024Focus Technology Co., Ltd. announced that they will report fiscal year 2023 results on Feb 23, 2024Valuation Update With 7 Day Price Move • Dec 04Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CN¥35.06, the stock trades at a forward P/E ratio of 25x. Average forward P/E is 21x in the Interactive Media and Services industry in Asia. Total returns to shareholders of 117% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥25.91 per share.New Risk • Dec 01New 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 8.2% 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 (8.2% average weekly change). Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.Reported Earnings • Nov 01Third quarter 2023 earnings released: EPS: CN¥0.35 (vs CN¥0.31 in 3Q 2022)Third quarter 2023 results: EPS: CN¥0.35 (up from CN¥0.31 in 3Q 2022). Revenue: CN¥385.7m (flat on 3Q 2022). Net income: CN¥107.9m (up 12% from 3Q 2022). Profit margin: 28% (up from 25% in 3Q 2022). Revenue is forecast to grow 25% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Interactive Media and Services industry in Asia. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth.お知らせ • Sep 30Focus Technology Co., Ltd. to Report Q3, 2023 Results on Oct 31, 2023Focus Technology Co., Ltd. announced that they will report Q3, 2023 results on Oct 31, 2023Valuation Update With 7 Day Price Move • Sep 26Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CN¥32.32, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 22x in the Interactive Media and Services industry in Asia. Total returns to shareholders of 97% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥20.25 per share.Reported Earnings • Aug 31Second quarter 2023 earnings released: EPS: CN¥0.45 (vs CN¥0.35 in 2Q 2022)Second quarter 2023 results: EPS: CN¥0.45 (up from CN¥0.35 in 2Q 2022). Revenue: CN¥393.0m (up 3.5% from 2Q 2022). Net income: CN¥141.1m (up 38% from 2Q 2022). Profit margin: 36% (up from 27% in 2Q 2022). The increase in margin was primarily driven by lower expenses. Revenue is forecast to grow 23% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Interactive Media and Services industry in Asia. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.Reported Earnings • Jul 24Second quarter 2023 earnings released: EPS: CN¥0.45 (vs CN¥0.35 in 2Q 2022)Second quarter 2023 results: EPS: CN¥0.45 (up from CN¥0.35 in 2Q 2022). Revenue: CN¥393.0m (up 3.5% from 2Q 2022). Net income: CN¥141.1m (up 38% from 2Q 2022). Profit margin: 36% (up from 27% in 2Q 2022). The increase in margin was primarily driven by lower expenses. Revenue is forecast to grow 22% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Interactive Media and Services industry in Asia. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has increased by 40% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • Jun 02Investor sentiment improves as stock rises 18%After last week's 18% share price gain to CN¥46.94, the stock trades at a forward P/E ratio of 38x. Average forward P/E is 22x in the Interactive Media and Services industry in Asia. Total returns to shareholders of 276% over the past three years.お知らせ • May 17Focus Technology Co., Ltd. Approves Board ElectionsFocus Technology Co., Ltd. at its EGM held on 15 May 2023 approved election of Meng Jia as non-independent director and Feng Qiaogen as independent director.Valuation Update With 7 Day Price Move • May 05Investor sentiment improves as stock rises 21%After last week's 21% share price gain to CN¥41.27, the stock trades at a forward P/E ratio of 34x. Average forward P/E is 21x in the Interactive Media and Services industry in Asia. Total returns to shareholders of 221% over the past three years.Reported Earnings • Apr 29First quarter 2023 earnings released: EPS: CN¥0.16 (vs CN¥0.13 in 1Q 2022)First quarter 2023 results: EPS: CN¥0.16 (up from CN¥0.13 in 1Q 2022). Revenue: CN¥346.1m (flat on 1Q 2022). Net income: CN¥48.6m (up 20% from 1Q 2022). Profit margin: 14% (up from 12% in 1Q 2022). Revenue is forecast to grow 16% p.a. on average during the next 2 years, compared to a 11% growth forecast for the Interactive Media and Services industry in Asia. Over the last 3 years on average, earnings per share has increased by 36% per year whereas the company’s share price has increased by 35% per year.Valuation Update With 7 Day Price Move • Apr 19Investor sentiment improves as stock rises 15%After last week's 15% share price gain to CN¥27.60, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 22x in the Interactive Media and Services industry in Asia. Total returns to shareholders of 107% over the past three years.Valuation Update With 7 Day Price Move • Mar 21Investor sentiment improves as stock rises 24%After last week's 24% share price gain to CN¥22.80, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 21x in the Interactive Media and Services industry in Asia. Total returns to shareholders of 54% over the past three years.Reported Earnings • Feb 28Full year 2022 earnings released: EPS: CN¥0.98 (vs CN¥0.80 in FY 2021)Full year 2022 results: EPS: CN¥0.98 (up from CN¥0.80 in FY 2021). Revenue: CN¥1.47b (flat on FY 2021). Net income: CN¥300.4m (up 23% from FY 2021). Profit margin: 20% (up from 17% in FY 2021). Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings.Valuation Update With 7 Day Price Move • Feb 02Investor sentiment improves as stock rises 18%After last week's 18% share price gain to CN¥21.63, the stock trades at a forward P/E ratio of 28x. Average forward P/E is 21x in the Interactive Media and Services industry in Asia. Total returns to shareholders of 30% over the past three years.Valuation Update With 7 Day Price Move • Dec 09Investor sentiment improved over the past weekAfter last week's 21% share price gain to CN¥18.82, the stock trades at a forward P/E ratio of 25x. Average forward P/E is 23x in the Online Retail industry in China. Total returns to shareholders of 44% over the past three years.Board Change • Nov 16High number of new and inexperienced directorsThere are 8 new directors who have joined the board in the last 3 years. The company's board is composed of: 8 new directors. 4 experienced directors. No highly experienced directors. Independent Director Geng Chengxuan is the most experienced director on the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.Reported Earnings • Oct 30Third quarter 2022 earnings released: EPS: CN¥0.31 (vs CN¥0.21 in 3Q 2021)Third quarter 2022 results: EPS: CN¥0.31 (up from CN¥0.21 in 3Q 2021). Revenue: CN¥384.8m (up 8.9% from 3Q 2021). Net income: CN¥96.1m (up 49% from 3Q 2021). Profit margin: 25% (up from 18% in 3Q 2021). Revenue is forecast to grow 7.5% p.a. on average during the next 2 years, compared to a 20% growth forecast for the Online Retail industry in China. Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.Reported Earnings • Aug 21Second quarter 2022 earnings released: EPS: CN¥0.35 (vs CN¥0.38 in 2Q 2021)Second quarter 2022 results: EPS: CN¥0.35 (down from CN¥0.38 in 2Q 2021). Revenue: CN¥379.5m (down 6.0% from 2Q 2021). Net income: CN¥102.1m (down 6.0% from 2Q 2021). Profit margin: 27% (in line with 2Q 2021). Over the next year, revenue is forecast to grow 31%, compared to a 29% growth forecast for the Online Retail industry in China. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.Buying Opportunity • Jun 10Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 8.3%. The fair value is estimated to be CN¥17.96, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 17% over the last 3 years. Earnings per share has grown by 32%. Revenue is forecast to grow by 24% in a year. Earnings is forecast to grow by 0.3% in the next year.Buying Opportunity • May 25Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 15%. The fair value is estimated to be CN¥18.11, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 17% over the last 3 years. Earnings per share has grown by 32%. Revenue is forecast to grow by 24% in a year. Earnings is forecast to grow by 0.3% in the next year.Valuation Update With 7 Day Price Move • May 07Investor sentiment improved over the past weekAfter last week's 21% share price gain to CN¥15.93, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 18x in the Online Retail industry in China. Total returns to shareholders of 47% over the past three years.Reported Earnings • May 02First quarter 2022 earnings released: EPS: CN¥0.13 (vs CN¥0.06 in 1Q 2021)First quarter 2022 results: EPS: CN¥0.13 (up from CN¥0.06 in 1Q 2021). Revenue: CN¥347.9m (up 5.2% from 1Q 2021). Net income: CN¥40.6m (up 108% from 1Q 2021). Profit margin: 12% (up from 5.9% in 1Q 2021). The increase in margin was primarily driven by higher revenue. Over the next year, revenue is forecast to grow 24%, compared to a 33% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.Board Change • Apr 27High number of new and inexperienced directorsThere are 7 new directors who have joined the board in the last 3 years. The company's board is composed of: 7 new directors. 5 experienced directors. No highly experienced directors. Independent Director Geng Chengxuan is the most experienced director on the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.Reported Earnings • Aug 19Second quarter 2021 earnings released: EPS CN¥0.38 (vs CN¥0.22 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CN¥403.9m (up 32% from 2Q 2020). Net income: CN¥108.6m (up 60% from 2Q 2020). Profit margin: 27% (up from 22% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth.Reported Earnings • May 02First quarter 2021 earnings released: EPS CN¥0.06 (vs CN¥0.07 loss in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: CN¥330.7m (up 40% from 1Q 2020). Net income: CN¥19.5m (up CN¥39.8m from 1Q 2020). Profit margin: 5.9% (up from net loss in 1Q 2020). Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth.Reported Earnings • Mar 21Full year 2020 earnings released: EPS CN¥0.57 (vs CN¥0.49 in FY 2019)The company reported a solid full year result with improved earnings and revenues, although profit margins were flat. Full year 2020 results: Revenue: CN¥1.16b (up 15% from FY 2019). Net income: CN¥173.4m (up 15% from FY 2019). Profit margin: 15% (in line with FY 2019). Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Mar 15Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to CN¥17.33, the stock trades at a trailing P/E ratio of 31.5x, down from the previous P/E ratio of 37.5x. Average P/E is 39x in the Online Retail industry in China. Total returns to shareholders over the past three years are 16%.Is New 90 Day High Low • Feb 21New 90-day high: CN¥19.83The company is up 4.0% from its price of CN¥19.00 on 23 November 2020. The Chinese market is up 9.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Online Retail industry, which is down 13% over the same period.Analyst Estimate Surprise Post Earnings • Jan 26Revenue beats expectationsRevenue exceeded analyst estimates by 2.9%. Over the next year, revenue is forecast to grow 15%, compared to a 29% growth forecast for the Online Retail industry in China.Valuation Update With 7 Day Price Move • Jan 17Investor sentiment improved over the past weekAfter last week's 16% share price gain to CN¥17.27, the stock is trading at a trailing P/E ratio of 40.9x, up from the previous P/E ratio of 35.3x. This compares to an average P/E of 28x in the Online Retail industry in Asia. Total returns to shareholders over the past three years are 2.8%.Is New 90 Day High Low • Dec 28New 90-day low: CN¥15.63The company is down 15% from its price of CN¥18.44 on 30 September 2020. The Chinese market is up 6.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Online Retail industry, which is down 16% over the same period.Is New 90 Day High Low • Dec 09New 90-day low: CN¥17.62The company is down 11% from its price of CN¥19.85 on 11 September 2020. The Chinese market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Online Retail industry, which is down 10.0% over the same period.Reported Earnings • Oct 30Third quarter earnings releasedOver the last 12 months the company has reported total profits of CN¥129.5m, down 14% from the prior year. Total revenue was CN¥1.10b over the last 12 months, up 11% from the prior year.お知らせ • Aug 11Focus Technology Co., Ltd. to Report First Half, 2020 Results on Aug 27, 2020Focus Technology Co., Ltd. announced that they will report first half, 2020 results on Aug 27, 2020業績と収益の成長予測XSEC:002315 - アナリストの将来予測と過去の財務データ ( )CNY Millions日付収益収益フリー・キャッシュフロー営業活動によるキャッシュ平均アナリスト数12/31/20282,9539311,0121,238212/31/20272,513727908951312/31/20262,22259276283033/31/20261,990490792813N/A12/31/20251,921504871888N/A9/30/20251,865510828850N/A6/30/20251,794512778793N/A3/31/20251,728486761777N/A12/31/20241,669451686706N/A9/30/20241,614439677688N/A6/30/20241,581423593645N/A3/31/20241,565407556619N/A12/31/20231,527379566637N/A9/30/20231,487359475565N/A6/30/20231,487347473528N/A3/31/20231,473308416461N/A1/1/20231,475300440485N/A9/30/20221,499291405451N/A6/30/20221,468260382438N/A3/31/20221,492266459518N/A1/1/20221,475245431516N/A9/30/20211,405229436524N/A6/30/20211,350254451558N/A3/31/20211,253213429551N/A12/31/20201,159173418540N/A9/30/20201,104129334490N/A6/30/20201,06087200351N/A3/31/20201,00465125288N/A12/31/20191,010151N/A152N/A9/30/2019992151N/A171N/A6/30/2019977134N/A300N/A3/31/2019947112N/A254N/A12/31/201890056N/A301N/A9/30/201891575N/A154N/A6/30/20181,00674N/A-36N/A3/31/20181,20272N/A-166N/A12/31/20171,22373N/A-118N/A9/30/20171,195128N/A-164N/A6/30/20171,029125N/A-31N/A3/31/2017767134N/A60N/A12/31/2016685111N/A86N/A9/30/201659467N/A110N/A6/30/201655367N/A88N/A3/31/2016520122N/A69N/A12/31/2015495157N/A68N/A9/30/2015468161N/A22N/Aもっと見るアナリストによる今後の成長予測収入対貯蓄率: 002315の予測収益成長率 (年間22.7% ) は 貯蓄率 ( 2.4% ) を上回っています。収益対市場: 002315の収益 ( 22.7% ) CN市場 ( 27.4% ) よりも低い成長が予測されています。高成長収益: 002315の収益は今後 3 年間で 大幅に 増加すると予想されています。収益対市場: 002315の収益 ( 14% ) CN市場 ( 16.7% ) よりも低い成長が予測されています。高い収益成長: 002315の収益 ( 14% ) 20%よりも低い成長が予測されています。一株当たり利益成長率予想将来の株主資本利益率将来のROE: 002315の 自己資本利益率 は、3年後には高くなると予測されています ( 24.5 %)成長企業の発掘7D1Y7D1Y7D1YMedia 業界の高成長企業。View Past Performance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2026/07/06 04:12終値2026/07/06 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、レポートの使い方に関する ガイド や YouTube の チュートリアル もご用意しています。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Focus Technology Co., Ltd. 3 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。6 アナリスト機関Zhihao WangChina International Capital Corporation LimitedZeyuan YangCitic Securities Co., Ltd.Junhao ZhangGuosen Securities Co., Ltd.3 その他のアナリストを表示
お知らせ • Jun 30Focus Technology Co., Ltd. to Report First Half, 2026 Results on Aug 26, 2026Focus Technology Co., Ltd. announced that they will report first half, 2026 results on Aug 26, 2026
お知らせ • Jun 06Focus Technology Co., Ltd. Approves Board Elections, Effective June 3, 2026Focus Technology Co., Ltd. announced that at the Extraordinary General Meeting held on June 3, 2026, approved the election of Cao Rui and Li Yougen as non-independent directors and Zhao Lindu and Ling Zhen as independent directors.
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. 7 experienced directors. 1 highly experienced director. 4 independent directors (5 non-independent directors). Independent Director Qiaogen Feng was the last independent director to join the board, commencing their role in 2023. 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 • Mar 31Focus Technology Co., Ltd. to Report Q1, 2026 Results on Apr 30, 2026Focus Technology Co., Ltd. announced that they will report Q1, 2026 results on Apr 30, 2026
お知らせ • Mar 19Focus Technology Co., Ltd., Annual General Meeting, Apr 10, 2026Focus Technology Co., Ltd., Annual General Meeting, Apr 10, 2026, at 14:00 China Standard Time. Location: The Company's Meeting Room, Nanjing, Jiangsu China
お知らせ • Dec 31Focus Technology Co., Ltd. to Report Fiscal Year 2025 Results on Mar 20, 2026Focus Technology Co., Ltd. announced that they will report fiscal year 2025 results on Mar 20, 2026
お知らせ • Sep 30Focus Technology Co., Ltd. to Report Q3, 2025 Results on Oct 28, 2025Focus Technology Co., Ltd. announced that they will report Q3, 2025 results on Oct 28, 2025
お知らせ • Jul 02Focus Technology Co., Ltd. to Report First Half, 2025 Results on Aug 30, 2025Focus Technology Co., Ltd. announced that they will report first half, 2025 results on Aug 30, 2025
お知らせ • Mar 31Focus Technology Co., Ltd. to Report Q1, 2025 Results on Apr 30, 2025Focus Technology Co., Ltd. announced that they will report Q1, 2025 results on Apr 30, 2025
お知らせ • Mar 21Focus Technology Co., Ltd. Approves Dividend for 2024Focus Technology Co., Ltd. at its AGM held on March 19, 2025, approved the profit distribution proposal for 2024 as follows: Cash dividend (tax included): CNY 5.50000000 per ten shares.
お知らせ • Feb 26Focus Technology Co., Ltd., Annual General Meeting, Mar 19, 2025Focus Technology Co., Ltd., Annual General Meeting, Mar 19, 2025, at 14:00 China Standard Time. Location: The Company's Meeting Room, Nanjing, Jiangsu China
お知らせ • Dec 31Focus Technology Co., Ltd. to Report Fiscal Year 2024 Results on Feb 26, 2025Focus Technology Co., Ltd. announced that they will report fiscal year 2024 results on Feb 26, 2025
Valuation Update With 7 Day Price Move • Nov 14Investor sentiment improves as stock rises 17%After last week's 17% share price gain to CN¥37.43, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 59x in the Interactive Media and Services industry in China. Total returns to shareholders of 171% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥53.95 per share.
Reported Earnings • Oct 31Third quarter 2024 earnings released: EPS: CN¥0.39 (vs CN¥0.35 in 3Q 2023)Third quarter 2024 results: EPS: CN¥0.39 (up from CN¥0.35 in 3Q 2023). Revenue: CN¥418.4m (up 8.5% from 3Q 2023). Net income: CN¥124.0m (up 15% from 3Q 2023). Profit margin: 30% (up from 28% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 8.3% growth forecast for the Interactive Media and Services industry in Asia. Over the last 3 years on average, earnings per share has increased by 21% per year whereas the company’s share price has increased by 24% per year.
Board Change • Oct 08Less than half of directors are independentThere are 5 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent Outside Director Jia Meng was the last independent director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.
お知らせ • Sep 30Focus Technology Co., Ltd. to Report Q3, 2024 Results on Oct 31, 2024Focus Technology Co., Ltd. announced that they will report Q3, 2024 results on Oct 31, 2024
Valuation Update With 7 Day Price Move • Sep 28Investor sentiment improves as stock rises 17%After last week's 17% share price gain to CN¥27.30, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 20x in the Interactive Media and Services industry in Asia. Total returns to shareholders of 91% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥50.19 per share.
お知らせ • Sep 24Hangzhou Robam Appliances Co., Ltd. Announces Interim Cash Dividend of the Year 2024 of A Shares, Payable on 27 September 2024Hangzhou Robam Appliances Co., Ltd. announced interim cash dividend/10 shares (tax included) of CNY 5.50000000 for year 2024 of A shares. Record date is 26 September 2024. Ex-date is 27 September 2024. Payment date is 27 September 2024.
お知らせ • Sep 20Focus Technology Co., Ltd. Approves Interim Cash Dividend for the Year 2024Focus Technology Co., Ltd. at its Extraordinary General Meeting held on 18 September 2024, approved interim cash dividend per ten shares (tax included) of CNY 5.50000000 for the year 2024.
Reported Earnings • Aug 31Second quarter 2024 earnings released: EPS: CN¥0.50 (vs CN¥0.45 in 2Q 2023)Second quarter 2024 results: EPS: CN¥0.50 (up from CN¥0.45 in 2Q 2023). Revenue: CN¥409.5m (up 4.2% from 2Q 2023). Net income: CN¥157.0m (up 11% from 2Q 2023). Profit margin: 38% (up from 36% in 2Q 2023). Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 8.5% growth forecast for the Interactive Media and Services industry in Asia. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Jul 20Second quarter 2024 earnings released: EPS: CN¥0.50 (vs CN¥0.45 in 2Q 2023)Second quarter 2024 results: EPS: CN¥0.50 (up from CN¥0.45 in 2Q 2023). Revenue: CN¥409.5m (up 4.2% from 2Q 2023). Net income: CN¥156.8m (up 11% from 2Q 2023). Profit margin: 38% (up from 36% in 2Q 2023). Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 8.7% growth forecast for the Interactive Media and Services industry in Asia. Over the last 3 years on average, earnings per share has increased by 19% per year whereas the company’s share price has increased by 14% per year.
お知らせ • Jun 29Focus Technology Co., Ltd. to Report First Half, 2024 Results on Aug 31, 2024Focus Technology Co., Ltd. announced that they will report first half, 2024 results on Aug 31, 2024
Buy Or Sell Opportunity • Jun 06Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 17% to CN¥28.49. The fair value is estimated to be CN¥35.84, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.7% over the last 3 years. Earnings per share has grown by 20%. Revenue is forecast to grow by 47% in 2 years. Earnings are forecast to grow by 48% in the next 2 years.
Reported Earnings • Apr 26First quarter 2024 earnings released: EPS: CN¥0.24 (vs CN¥0.16 in 1Q 2023)First quarter 2024 results: EPS: CN¥0.24 (up from CN¥0.16 in 1Q 2023). Revenue: CN¥384.2m (up 11% from 1Q 2023). Net income: CN¥76.7m (up 58% from 1Q 2023). Profit margin: 20% (up from 14% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Interactive Media and Services industry in China. Over the last 3 years on average, earnings per share has increased by 20% per year whereas the company’s share price has increased by 16% per year.
Buy Or Sell Opportunity • Apr 20Now 20% undervaluedOver the last 90 days, the stock has risen 4.6% to CN¥29.75. The fair value is estimated to be CN¥37.40, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.4% over the last 3 years. Earnings per share has grown by 21%. For the next 3 years, revenue is forecast to grow by 15% per annum. Earnings are also forecast to grow by 18% per annum over the same time period.
Declared Dividend • Mar 31Dividend increased to CN¥1.00Dividend of CN¥1.00 is 11% higher than last year. Ex-date: 10th April 2024 Payment date: 10th April 2024 Dividend yield will be 2.8%, which is lower than the industry average of 3.0%. Sustainability & Growth Dividend is covered by both earnings (82% earnings payout ratio) and cash flows (56% cash payout ratio). The dividend has increased by an average of 10% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 62% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
お知らせ • Mar 30Focus Technology Co., Ltd. to Report Q1, 2024 Results on Apr 26, 2024Focus Technology Co., Ltd. announced that they will report Q1, 2024 results on Apr 26, 2024
Valuation Update With 7 Day Price Move • Mar 06Investor sentiment improves as stock rises 15%After last week's 15% share price gain to CN¥35.59, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 29x in the Interactive Media and Services industry in China. Total returns to shareholders of 124% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥38.32 per share.
New Risk • Feb 26New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.6% 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 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 (9.0% average weekly change). Shareholders have been diluted in the past year (2.6% increase in shares outstanding).
お知らせ • Feb 24+ 1 more updateFocus Technology Co., Ltd., Annual General Meeting, Mar 15, 2024Focus Technology Co., Ltd., Annual General Meeting, Mar 15, 2024, at 14:00 China Standard Time. Location: The Company's Meeting Room, Nanjing, Jiangsu China Agenda: To consider 2023 work report of the board of directors; to consider 2023 work report of the supervisory committee; to consider 2023 annual accounts; to consider 2023 profit distribution plan; to consider 2023 annual report and its summary; to consider Amendments to the Company's rules of procedure governing the board meetings; to consider Amendments to the work system for independent directors; to consider Amendments to the connected transaction management system; and to consider other business matters.
Reported Earnings • Feb 23Full year 2023 earnings released: EPS: CN¥1.21 (vs CN¥0.98 in FY 2022)Full year 2023 results: EPS: CN¥1.21 (up from CN¥0.98 in FY 2022). Revenue: CN¥1.53b (up 3.5% from FY 2022). Net income: CN¥378.9m (up 26% from FY 2022). Profit margin: 25% (up from 20% in FY 2022). The increase in margin was primarily driven by higher revenue. Revenue is forecast to grow 28% p.a. on average during the next 2 years, compared to a 17% growth forecast for the Interactive Media and Services industry in China. Over the last 3 years on average, earnings per share has increased by 21% per year whereas the company’s share price has increased by 19% per year.
Valuation Update With 7 Day Price Move • Feb 02Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to CN¥24.23, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 25x in the Interactive Media and Services industry in China. Total returns to shareholders of 54% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥25.60 per share.
お知らせ • Dec 30Focus Technology Co., Ltd. to Report Fiscal Year 2023 Results on Feb 23, 2024Focus Technology Co., Ltd. announced that they will report fiscal year 2023 results on Feb 23, 2024
Valuation Update With 7 Day Price Move • Dec 04Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CN¥35.06, the stock trades at a forward P/E ratio of 25x. Average forward P/E is 21x in the Interactive Media and Services industry in Asia. Total returns to shareholders of 117% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥25.91 per share.
New Risk • Dec 01New 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 8.2% 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 (8.2% average weekly change). Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.
Reported Earnings • Nov 01Third quarter 2023 earnings released: EPS: CN¥0.35 (vs CN¥0.31 in 3Q 2022)Third quarter 2023 results: EPS: CN¥0.35 (up from CN¥0.31 in 3Q 2022). Revenue: CN¥385.7m (flat on 3Q 2022). Net income: CN¥107.9m (up 12% from 3Q 2022). Profit margin: 28% (up from 25% in 3Q 2022). Revenue is forecast to grow 25% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Interactive Media and Services industry in Asia. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth.
お知らせ • Sep 30Focus Technology Co., Ltd. to Report Q3, 2023 Results on Oct 31, 2023Focus Technology Co., Ltd. announced that they will report Q3, 2023 results on Oct 31, 2023
Valuation Update With 7 Day Price Move • Sep 26Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CN¥32.32, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 22x in the Interactive Media and Services industry in Asia. Total returns to shareholders of 97% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥20.25 per share.
Reported Earnings • Aug 31Second quarter 2023 earnings released: EPS: CN¥0.45 (vs CN¥0.35 in 2Q 2022)Second quarter 2023 results: EPS: CN¥0.45 (up from CN¥0.35 in 2Q 2022). Revenue: CN¥393.0m (up 3.5% from 2Q 2022). Net income: CN¥141.1m (up 38% from 2Q 2022). Profit margin: 36% (up from 27% in 2Q 2022). The increase in margin was primarily driven by lower expenses. Revenue is forecast to grow 23% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Interactive Media and Services industry in Asia. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Jul 24Second quarter 2023 earnings released: EPS: CN¥0.45 (vs CN¥0.35 in 2Q 2022)Second quarter 2023 results: EPS: CN¥0.45 (up from CN¥0.35 in 2Q 2022). Revenue: CN¥393.0m (up 3.5% from 2Q 2022). Net income: CN¥141.1m (up 38% from 2Q 2022). Profit margin: 36% (up from 27% in 2Q 2022). The increase in margin was primarily driven by lower expenses. Revenue is forecast to grow 22% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Interactive Media and Services industry in Asia. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has increased by 40% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • Jun 02Investor sentiment improves as stock rises 18%After last week's 18% share price gain to CN¥46.94, the stock trades at a forward P/E ratio of 38x. Average forward P/E is 22x in the Interactive Media and Services industry in Asia. Total returns to shareholders of 276% over the past three years.
お知らせ • May 17Focus Technology Co., Ltd. Approves Board ElectionsFocus Technology Co., Ltd. at its EGM held on 15 May 2023 approved election of Meng Jia as non-independent director and Feng Qiaogen as independent director.
Valuation Update With 7 Day Price Move • May 05Investor sentiment improves as stock rises 21%After last week's 21% share price gain to CN¥41.27, the stock trades at a forward P/E ratio of 34x. Average forward P/E is 21x in the Interactive Media and Services industry in Asia. Total returns to shareholders of 221% over the past three years.
Reported Earnings • Apr 29First quarter 2023 earnings released: EPS: CN¥0.16 (vs CN¥0.13 in 1Q 2022)First quarter 2023 results: EPS: CN¥0.16 (up from CN¥0.13 in 1Q 2022). Revenue: CN¥346.1m (flat on 1Q 2022). Net income: CN¥48.6m (up 20% from 1Q 2022). Profit margin: 14% (up from 12% in 1Q 2022). Revenue is forecast to grow 16% p.a. on average during the next 2 years, compared to a 11% growth forecast for the Interactive Media and Services industry in Asia. Over the last 3 years on average, earnings per share has increased by 36% per year whereas the company’s share price has increased by 35% per year.
Valuation Update With 7 Day Price Move • Apr 19Investor sentiment improves as stock rises 15%After last week's 15% share price gain to CN¥27.60, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 22x in the Interactive Media and Services industry in Asia. Total returns to shareholders of 107% over the past three years.
Valuation Update With 7 Day Price Move • Mar 21Investor sentiment improves as stock rises 24%After last week's 24% share price gain to CN¥22.80, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 21x in the Interactive Media and Services industry in Asia. Total returns to shareholders of 54% over the past three years.
Reported Earnings • Feb 28Full year 2022 earnings released: EPS: CN¥0.98 (vs CN¥0.80 in FY 2021)Full year 2022 results: EPS: CN¥0.98 (up from CN¥0.80 in FY 2021). Revenue: CN¥1.47b (flat on FY 2021). Net income: CN¥300.4m (up 23% from FY 2021). Profit margin: 20% (up from 17% in FY 2021). Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings.
Valuation Update With 7 Day Price Move • Feb 02Investor sentiment improves as stock rises 18%After last week's 18% share price gain to CN¥21.63, the stock trades at a forward P/E ratio of 28x. Average forward P/E is 21x in the Interactive Media and Services industry in Asia. Total returns to shareholders of 30% over the past three years.
Valuation Update With 7 Day Price Move • Dec 09Investor sentiment improved over the past weekAfter last week's 21% share price gain to CN¥18.82, the stock trades at a forward P/E ratio of 25x. Average forward P/E is 23x in the Online Retail industry in China. Total returns to shareholders of 44% over the past three years.
Board Change • Nov 16High number of new and inexperienced directorsThere are 8 new directors who have joined the board in the last 3 years. The company's board is composed of: 8 new directors. 4 experienced directors. No highly experienced directors. Independent Director Geng Chengxuan is the most experienced director on the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.
Reported Earnings • Oct 30Third quarter 2022 earnings released: EPS: CN¥0.31 (vs CN¥0.21 in 3Q 2021)Third quarter 2022 results: EPS: CN¥0.31 (up from CN¥0.21 in 3Q 2021). Revenue: CN¥384.8m (up 8.9% from 3Q 2021). Net income: CN¥96.1m (up 49% from 3Q 2021). Profit margin: 25% (up from 18% in 3Q 2021). Revenue is forecast to grow 7.5% p.a. on average during the next 2 years, compared to a 20% growth forecast for the Online Retail industry in China. Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.
Reported Earnings • Aug 21Second quarter 2022 earnings released: EPS: CN¥0.35 (vs CN¥0.38 in 2Q 2021)Second quarter 2022 results: EPS: CN¥0.35 (down from CN¥0.38 in 2Q 2021). Revenue: CN¥379.5m (down 6.0% from 2Q 2021). Net income: CN¥102.1m (down 6.0% from 2Q 2021). Profit margin: 27% (in line with 2Q 2021). Over the next year, revenue is forecast to grow 31%, compared to a 29% growth forecast for the Online Retail industry in China. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.
Buying Opportunity • Jun 10Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 8.3%. The fair value is estimated to be CN¥17.96, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 17% over the last 3 years. Earnings per share has grown by 32%. Revenue is forecast to grow by 24% in a year. Earnings is forecast to grow by 0.3% in the next year.
Buying Opportunity • May 25Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 15%. The fair value is estimated to be CN¥18.11, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 17% over the last 3 years. Earnings per share has grown by 32%. Revenue is forecast to grow by 24% in a year. Earnings is forecast to grow by 0.3% in the next year.
Valuation Update With 7 Day Price Move • May 07Investor sentiment improved over the past weekAfter last week's 21% share price gain to CN¥15.93, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 18x in the Online Retail industry in China. Total returns to shareholders of 47% over the past three years.
Reported Earnings • May 02First quarter 2022 earnings released: EPS: CN¥0.13 (vs CN¥0.06 in 1Q 2021)First quarter 2022 results: EPS: CN¥0.13 (up from CN¥0.06 in 1Q 2021). Revenue: CN¥347.9m (up 5.2% from 1Q 2021). Net income: CN¥40.6m (up 108% from 1Q 2021). Profit margin: 12% (up from 5.9% in 1Q 2021). The increase in margin was primarily driven by higher revenue. Over the next year, revenue is forecast to grow 24%, compared to a 33% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.
Board Change • Apr 27High number of new and inexperienced directorsThere are 7 new directors who have joined the board in the last 3 years. The company's board is composed of: 7 new directors. 5 experienced directors. No highly experienced directors. Independent Director Geng Chengxuan is the most experienced director on the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.
Reported Earnings • Aug 19Second quarter 2021 earnings released: EPS CN¥0.38 (vs CN¥0.22 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CN¥403.9m (up 32% from 2Q 2020). Net income: CN¥108.6m (up 60% from 2Q 2020). Profit margin: 27% (up from 22% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth.
Reported Earnings • May 02First quarter 2021 earnings released: EPS CN¥0.06 (vs CN¥0.07 loss in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: CN¥330.7m (up 40% from 1Q 2020). Net income: CN¥19.5m (up CN¥39.8m from 1Q 2020). Profit margin: 5.9% (up from net loss in 1Q 2020). Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Mar 21Full year 2020 earnings released: EPS CN¥0.57 (vs CN¥0.49 in FY 2019)The company reported a solid full year result with improved earnings and revenues, although profit margins were flat. Full year 2020 results: Revenue: CN¥1.16b (up 15% from FY 2019). Net income: CN¥173.4m (up 15% from FY 2019). Profit margin: 15% (in line with FY 2019). Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Mar 15Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to CN¥17.33, the stock trades at a trailing P/E ratio of 31.5x, down from the previous P/E ratio of 37.5x. Average P/E is 39x in the Online Retail industry in China. Total returns to shareholders over the past three years are 16%.
Is New 90 Day High Low • Feb 21New 90-day high: CN¥19.83The company is up 4.0% from its price of CN¥19.00 on 23 November 2020. The Chinese market is up 9.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Online Retail industry, which is down 13% over the same period.
Analyst Estimate Surprise Post Earnings • Jan 26Revenue beats expectationsRevenue exceeded analyst estimates by 2.9%. Over the next year, revenue is forecast to grow 15%, compared to a 29% growth forecast for the Online Retail industry in China.
Valuation Update With 7 Day Price Move • Jan 17Investor sentiment improved over the past weekAfter last week's 16% share price gain to CN¥17.27, the stock is trading at a trailing P/E ratio of 40.9x, up from the previous P/E ratio of 35.3x. This compares to an average P/E of 28x in the Online Retail industry in Asia. Total returns to shareholders over the past three years are 2.8%.
Is New 90 Day High Low • Dec 28New 90-day low: CN¥15.63The company is down 15% from its price of CN¥18.44 on 30 September 2020. The Chinese market is up 6.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Online Retail industry, which is down 16% over the same period.
Is New 90 Day High Low • Dec 09New 90-day low: CN¥17.62The company is down 11% from its price of CN¥19.85 on 11 September 2020. The Chinese market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Online Retail industry, which is down 10.0% over the same period.
Reported Earnings • Oct 30Third quarter earnings releasedOver the last 12 months the company has reported total profits of CN¥129.5m, down 14% from the prior year. Total revenue was CN¥1.10b over the last 12 months, up 11% from the prior year.
お知らせ • Aug 11Focus Technology Co., Ltd. to Report First Half, 2020 Results on Aug 27, 2020Focus Technology Co., Ltd. announced that they will report first half, 2020 results on Aug 27, 2020