Qingmu Tec（301110）株式概要青木科技股份有限公司はブランド小売ソリューションを提供する。 詳細301110 ファンダメンタル分析スノーフレーク・スコア評価2/6将来の成長5/6過去の実績4/6財務の健全性6/6配当金2/6報酬株価収益率（ 33 x） CN市場（ 45.3 x）を下回っています。収益は年間35.05%増加すると予測されています 過去1年間で収益は103.1%増加しました リスク分析1.45%の配当はフリーキャッシュフローで十分にカバーされていない すべてのリスクチェックを見る301110 Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.NEW493,174 membersJoin community and earn perksGain real feedbackFrom our editorial team, personally. Not silence.Grow your followingReal investors. The kind who actually invest, not scroll past.Unlock free accessFree premium subscription for consistent and quality authors.Learn moreCreate NarrativeBLINROAG493,174 investors already sharing narrativesYour Fair ValueCN¥Current PriceCN¥39.5266.0% 割安 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture07b2016201920222025202620282031Revenue CN¥6.8bEarnings CN¥716.0mAdvancedSet Fair ValueView all narrativesQingmu Tec Co., Ltd. 競合他社SFC HoldingsSymbol: SZSE:301558Market cap: CN¥5.0bRainbow Digital CommercialSymbol: SZSE:002419Market cap: CN¥5.0bWushang GroupSymbol: SZSE:000501Market cap: CN¥5.3bGansu Guofang Industry & Trade (Group)Symbol: SHSE:601086Market cap: CN¥4.6b価格と性能株価の高値、安値、推移の概要Qingmu Tec過去の株価現在の株価CN¥39.5252週高値CN¥75.6452週安値CN¥35.89ベータ0.711ヶ月の変化-6.28%3ヶ月変化1.13%1年変化4.45%3年間の変化55.42%5年間の変化n/aIPOからの変化-1.95%最新ニュースお知らせ • Jul 01Qingmu Tec Co., Ltd. to Report First Half, 2026 Results on Aug 28, 2026Qingmu Tec Co., Ltd. announced that they will report first half, 2026 results on Aug 28, 2026Declared Dividend • May 27Dividend of CN¥0.40 announcedShareholders will receive a dividend of CN¥0.40. Ex-date: 29th May 2026 Payment date: 29th May 2026 Dividend yield will be 0.7%, which is lower than the industry average of 2.2%. Sustainability & Growth Dividend is covered by earnings (48% earnings payout ratio) but not covered by cash flows (119% cash payout ratio). The dividend has increased by an average of 17% per year over the past 4 years and payments have been stable during that time. EPS is expected to grow by 35% over the next year, which should provide support to the dividend and adequate earnings cover.Valuation Update With 7 Day Price Move • May 25Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to CN¥61.86, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 22x in the Multiline Retail industry in China. Total returns to shareholders of 62% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥31.57 per share.New Risk • May 21New 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 8.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by cash flows (119% cash payout ratio). Share price has been volatile over the past 3 months (8.2% average weekly change).Reported Earnings • Apr 27First quarter 2026 earnings released: EPS: CN¥0.46 (vs CN¥0.11 in 1Q 2025)First quarter 2026 results: EPS: CN¥0.46 (up from CN¥0.11 in 1Q 2025). Revenue: CN¥343.3m (up 25% from 1Q 2025). Net income: CN¥42.1m (up 321% from 1Q 2025). Profit margin: 12% (up from 3.6% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 34% p.a. on average during the next 2 years, compared to a 11% growth forecast for the Multiline Retail industry in China. Over the last 3 years on average, earnings per share has increased by 29% per year whereas the company’s share price has increased by 27% per year.お知らせ • Apr 27Qingmu Tec Co., Ltd., Annual General Meeting, May 18, 2026Qingmu Tec Co., Ltd., Annual General Meeting, May 18, 2026, at 14:00 China Standard Time. Location: No 353, Yijing Road, Haizhu District, Guangzhou, Guangdong China最新情報をもっと見るRecent updatesお知らせ • Jul 01Qingmu Tec Co., Ltd. to Report First Half, 2026 Results on Aug 28, 2026Qingmu Tec Co., Ltd. announced that they will report first half, 2026 results on Aug 28, 2026Declared Dividend • May 27Dividend of CN¥0.40 announcedShareholders will receive a dividend of CN¥0.40. Ex-date: 29th May 2026 Payment date: 29th May 2026 Dividend yield will be 0.7%, which is lower than the industry average of 2.2%. Sustainability & Growth Dividend is covered by earnings (48% earnings payout ratio) but not covered by cash flows (119% cash payout ratio). The dividend has increased by an average of 17% per year over the past 4 years and payments have been stable during that time. EPS is expected to grow by 35% over the next year, which should provide support to the dividend and adequate earnings cover.Valuation Update With 7 Day Price Move • May 25Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to CN¥61.86, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 22x in the Multiline Retail industry in China. Total returns to shareholders of 62% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥31.57 per share.New Risk • May 21New 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 8.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by cash flows (119% cash payout ratio). Share price has been volatile over the past 3 months (8.2% average weekly change).Reported Earnings • Apr 27First quarter 2026 earnings released: EPS: CN¥0.46 (vs CN¥0.11 in 1Q 2025)First quarter 2026 results: EPS: CN¥0.46 (up from CN¥0.11 in 1Q 2025). Revenue: CN¥343.3m (up 25% from 1Q 2025). Net income: CN¥42.1m (up 321% from 1Q 2025). Profit margin: 12% (up from 3.6% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 34% p.a. on average during the next 2 years, compared to a 11% growth forecast for the Multiline Retail industry in China. Over the last 3 years on average, earnings per share has increased by 29% per year whereas the company’s share price has increased by 27% per year.お知らせ • Apr 27Qingmu Tec Co., Ltd., Annual General Meeting, May 18, 2026Qingmu Tec Co., Ltd., Annual General Meeting, May 18, 2026, at 14:00 China Standard Time. Location: No 353, Yijing Road, Haizhu District, Guangzhou, Guangdong ChinaValuation Update With 7 Day Price Move • Apr 20Investor sentiment improves as stock rises 18%After last week's 18% share price gain to CN¥71.06, the stock trades at a forward P/E ratio of 30x. Average forward P/E is 26x in the Multiline Retail industry in China. Total returns to shareholders of 101% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥32.79 per share.お知らせ • Mar 31Qingmu Tec Co., Ltd. to Report Q1, 2026 Results on Apr 27, 2026Qingmu Tec Co., Ltd. announced that they will report Q1, 2026 results on Apr 27, 2026New Risk • Mar 25New 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 10% 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 Risks Share price has been highly volatile over the past 3 months (10% average weekly change). High level of non-cash earnings (24% accrual ratio). Minor Risk Paying a dividend despite having no free cash flows.Valuation Update With 7 Day Price Move • Jan 09Investor sentiment improves as stock rises 27%After last week's 27% share price gain to CN¥84.26, the stock trades at a trailing P/E ratio of 79.6x. Average forward P/E is 23x in the Multiline Retail industry in China. Total returns to shareholders of 234% over the past three years.お知らせ • Dec 31Qingmu Tec Co., Ltd. to Report Fiscal Year 2025 Results on Apr 27, 2026Qingmu Tec Co., Ltd. announced that they will report fiscal year 2025 results on Apr 27, 2026Reported Earnings • Oct 28Third quarter 2025 earnings released: EPS: CN¥0.30 (vs CN¥0.056 in 3Q 2024)Third quarter 2025 results: EPS: CN¥0.30 (up from CN¥0.056 in 3Q 2024). Revenue: CN¥352.7m (up 34% from 3Q 2024). Net income: CN¥28.0m (up 440% from 3Q 2024). Profit margin: 7.9% (up from 2.0% in 3Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 39% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Sep 30Qingmu Tec Co., Ltd. to Report Q3, 2025 Results on Oct 27, 2025Qingmu Tec Co., Ltd. announced that they will report Q3, 2025 results on Oct 27, 2025New Risk • Sep 05New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 24% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (10% average weekly change). Earnings have declined by 18% per year over the past 5 years. High level of non-cash earnings (24% accrual ratio). Minor Risk Paying a dividend despite having no free cash flows.お知らせ • Jul 02Qingmu Tec Co., Ltd. to Report First Half, 2025 Results on Aug 29, 2025Qingmu Tec Co., Ltd. announced that they will report first half, 2025 results on Aug 29, 2025Valuation Update With 7 Day Price Move • Jun 11Investor sentiment improves as stock rises 21%After last week's 21% share price gain to CN¥60.35, the stock trades at a trailing P/E ratio of 73.1x. Average trailing P/E is 60x in the Multiline Retail industry in China. Total returns to shareholders of 109% over the past three years.Declared Dividend • Jun 04Dividend of CN¥0.40 announcedShareholders will receive a dividend of CN¥0.40. Ex-date: 9th June 2025 Payment date: 9th June 2025 Dividend yield will be 1.6%, which is lower than the industry average of 2.2%. Sustainability & Growth Dividend is not adequately covered by earnings (97% earnings payout ratio) and the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 23% per year over the past 3 years and payments have been stable during that time. The company's earnings per share (EPS) would need to grow by 7.7% to bring the payout ratio under control, which is more than the 5.6% EPS growth achieved over the last 5 years.New Risk • May 27New 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 10% 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 Risks Share price has been highly volatile over the past 3 months (10% average weekly change). Dividend is not well covered by earnings and cash flows. Payout ratio: 97% Paying a dividend despite having no free cash flows. Earnings have declined by 19% per year over the past 5 years.New Risk • May 17New major risk - Dividend sustainabilityThe dividend is not well covered by earnings and cash flows. Payout ratio: 97% The company is paying a dividend despite having no free cash flows. Dividend yield: 1.6% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 97% Paying a dividend despite having no free cash flows. Earnings have declined by 19% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (9.6% average weekly change).Reported Earnings • May 03Third quarter 2024 earnings released: EPS: CN¥0.056 (vs CN¥0.16 loss in 3Q 2023)Third quarter 2024 results: EPS: CN¥0.056 (up from CN¥0.16 loss in 3Q 2023). Revenue: CN¥263.7m (up 32% from 3Q 2023). Net income: CN¥5.18m (up CN¥19.7m from 3Q 2023). Profit margin: 2.0% (up from net loss in 3Q 2023). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 39% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings.お知らせ • Apr 29Qingmu Tec Co., Ltd., Annual General Meeting, May 19, 2025Qingmu Tec Co., Ltd., Annual General Meeting, May 19, 2025, at 15:00 China Standard Time.Valuation Update With 7 Day Price Move • Apr 07Investor sentiment deteriorates as stock falls 22%After last week's 22% share price decline to CN¥37.99, the stock trades at a trailing P/E ratio of 36x. Average trailing P/E is 45x in the Multiline Retail industry in China. Total returns to shareholders of 20% over the past three years.お知らせ • Mar 31Qingmu Tec Co., Ltd. to Report Q1, 2025 Results on Apr 29, 2025Qingmu Tec Co., Ltd. announced that they will report Q1, 2025 results on Apr 29, 2025分析記事 • Feb 28Qingmu Tec Co., Ltd.'s (SZSE:301110) 28% Share Price Plunge Could Signal Some RiskQingmu Tec Co., Ltd. ( SZSE:301110 ) shares have had a horrible month, losing 28% after a relatively good period...New Risk • Feb 25New major risk - Revenue and earnings growthEarnings have declined by 13% 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 Share price has been highly volatile over the past 3 months (16% average weekly change). Earnings have declined by 13% per year over the past 5 years. High level of non-cash earnings (27% accrual ratio). Minor Risk Paying a dividend despite having no free cash flows.Valuation Update With 7 Day Price Move • Feb 18Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to CN¥53.15, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 25x in the Multiline Retail industry in China. Total returns to shareholders of 155% over the past year.Valuation Update With 7 Day Price Move • Jan 20Investor sentiment improves as stock rises 15%After last week's 15% share price gain to CN¥66.90, the stock trades at a forward P/E ratio of 29x. Average forward P/E is 22x in the Multiline Retail industry in China. Total returns to shareholders of 172% over the past year.分析記事 • Jan 14Qingmu Tec Co., Ltd.'s (SZSE:301110) P/E Is Still On The Mark Following 30% Share Price BounceDespite an already strong run, Qingmu Tec Co., Ltd. ( SZSE:301110 ) shares have been powering on, with a gain of 30% in...お知らせ • Dec 31Qingmu Tec Co., Ltd. to Report Fiscal Year 2024 Results on Apr 29, 2025Qingmu Tec Co., Ltd. announced that they will report fiscal year 2024 results on Apr 29, 2025Valuation Update With 7 Day Price Move • Dec 31Investor sentiment deteriorates as stock falls 22%After last week's 22% share price decline to CN¥61.54, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 26x in the Multiline Retail industry in China. Total returns to shareholders of 121% over the past year.New Risk • Dec 19New 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 14% 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 Risks Share price has been highly volatile over the past 3 months (14% average weekly change). High level of non-cash earnings (27% accrual ratio). Minor Risk Paying a dividend despite having no free cash flows.Valuation Update With 7 Day Price Move • Dec 16Investor sentiment improves as stock rises 15%After last week's 15% share price gain to CN¥51.20, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 26x in the Multiline Retail industry in China. Total returns to shareholders of 72% over the past year.分析記事 • Nov 29Qingmu Tec Co., Ltd. (SZSE:301110) Stocks Shoot Up 26% But Its P/E Still Looks ReasonableDespite an already strong run, Qingmu Tec Co., Ltd. ( SZSE:301110 ) shares have been powering on, with a gain of 26% in...Valuation Update With 7 Day Price Move • Nov 13Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CN¥45.88, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 23x in the Multiline Retail industry in China. Total returns to shareholders of 40% over the past year.分析記事 • Nov 04Qingmu Tec's (SZSE:301110) Earnings Are Of Questionable QualityLast week's profit announcement from Qingmu Tec Co., Ltd. ( SZSE:301110 ) was underwhelming for investors, despite...Reported Earnings • Oct 29Third quarter 2024 earnings released: EPS: CN¥0.056 (vs CN¥0.058 in 3Q 2023)Third quarter 2024 results: EPS: CN¥0.056 (down from CN¥0.058 in 3Q 2023). Revenue: CN¥263.7m (up 2.9% from 3Q 2023). Net income: CN¥5.18m (down 3.9% from 3Q 2023). Profit margin: 2.0% (down from 2.1% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 29% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Multiline Retail industry in China.Valuation Update With 7 Day Price Move • Oct 14Investor sentiment improves as stock rises 28%After last week's 28% share price gain to CN¥43.19, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 20x in the Multiline Retail industry in China. Total returns to shareholders of 32% over the past year.分析記事 • Oct 13Qingmu Tec Co., Ltd. (SZSE:301110) Looks Just Right With A 35% Price JumpQingmu Tec Co., Ltd. ( SZSE:301110 ) shares have had a really impressive month, gaining 35% after a shaky period...お知らせ • Sep 30Qingmu Tec Co., Ltd. to Report Q3, 2024 Results on Oct 29, 2024Qingmu Tec Co., Ltd. announced that they will report Q3, 2024 results on Oct 29, 2024分析記事 • Sep 30Investors Could Be Concerned With Qingmu Tec's (SZSE:301110) Returns On CapitalDid you know there are some financial metrics that can provide clues of a potential multi-bagger? Firstly, we'd want to...Valuation Update With 7 Day Price Move • Sep 27Investor sentiment improves as stock rises 17%After last week's 17% share price gain to CN¥30.09, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 19x in the Multiline Retail industry in China. Total loss to shareholders of 13% over the past year.New Risk • Sep 25New major risk - Dividend sustainabilityThe dividend is not well covered by earnings and cash flows. Payout ratio: 99% The company is paying a dividend despite having no free cash flows. Dividend yield: 2.8% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 99% Paying a dividend despite having no free cash flows. High level of non-cash earnings (22% accrual ratio).お知らせ • Sep 20Qingmu Tec Co., Ltd. Approves Interim Dividend for 2024Qingmu Tec Co., Ltd. at its Extraordinary General Meeting held on 18 September 2024 approved interim cash dividend of CNY 4.00000000 per 10 shares (tax included) for 2024.Reported Earnings • Aug 31Second quarter 2024 earnings released: EPS: CN¥0.46 (vs CN¥0.33 in 2Q 2023)Second quarter 2024 results: EPS: CN¥0.46 (up from CN¥0.33 in 2Q 2023). Revenue: CN¥317.9m (up 31% from 2Q 2023). Net income: CN¥42.9m (up 36% from 2Q 2023). Profit margin: 14% (in line with 2Q 2023). Revenue is forecast to grow 28% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Multiline Retail industry in China.分析記事 • Jul 19What You Can Learn From Qingmu Tec Co., Ltd.'s (SZSE:301110) P/EQingmu Tec Co., Ltd.'s ( SZSE:301110 ) price-to-earnings (or "P/E") ratio of 37.5x might make it look like a sell right...お知らせ • Jun 29Qingmu Digital Technology Co.,Ltd. to Report First Half, 2024 Results on Aug 30, 2024Qingmu Digital Technology Co.,Ltd. announced that they will report first half, 2024 results on Aug 30, 2024分析記事 • Apr 30Shareholders Can Be Confident That Qingmu Digital TechnologyLtd's (SZSE:301110) Earnings Are High QualityQingmu Digital Technology Co.,Ltd. ( SZSE:301110 ) just reported healthy earnings but the stock price didn't move much...お知らせ • Apr 24Qingmu Digital Technology Co.,Ltd., Annual General Meeting, May 21, 2024Qingmu Digital Technology Co.,Ltd., Annual General Meeting, May 21, 2024, at 14:00 China Standard Time. Location: 4F, Building 1, Phase 2, No. 189, Dunhe Road, Guangzhou Avenue South, Guangzhou, Guangdong ChinaReported Earnings • Apr 24First quarter 2024 earnings released: EPS: CN¥0.36 (vs CN¥0.15 in 1Q 2023)First quarter 2024 results: EPS: CN¥0.36 (up from CN¥0.15 in 1Q 2023). Revenue: CN¥226.3m (up 6.3% from 1Q 2023). Net income: CN¥24.2m (up 148% from 1Q 2023). Profit margin: 11% (up from 4.6% in 1Q 2023).New Risk • Apr 24New major risk - Revenue and earnings growthEarnings have declined by 7.0% 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 Risk Earnings have declined by 7.0% per year over the past 5 years. 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 (12% average weekly change). Profit margins are more than 30% lower than last year (8.1% net profit margin).分析記事 • Apr 22Investors Could Be Concerned With Qingmu Digital TechnologyLtd's (SZSE:301110) Returns On CapitalThere are a few key trends to look for if we want to identify the next multi-bagger. Ideally, a business will show two...Valuation Update With 7 Day Price Move • Apr 16Investor sentiment deteriorates as stock falls 22%After last week's 22% share price decline to CN¥29.00, the stock trades at a trailing P/E ratio of 26x. Average trailing P/E is 28x in the Multiline Retail industry in China. Total loss to shareholders of 44% over the past year.お知らせ • Mar 30Qingmu Digital Technology Co.,Ltd. to Report Q1, 2024 Results on Apr 24, 2024Qingmu Digital Technology Co.,Ltd. announced that they will report Q1, 2024 results on Apr 24, 2024New Risk • Mar 14New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Dividend is not well covered by cash flows (168% cash payout ratio). Share price has been volatile over the past 3 months (11% average weekly change). Profit margins are more than 30% lower than last year (8.1% net profit margin).Valuation Update With 7 Day Price Move • Feb 21Investor sentiment improves as stock rises 17%After last week's 17% share price gain to CN¥30.68, the stock trades at a trailing P/E ratio of 27.5x. Average trailing P/E is 24x in the Multiline Retail industry in China. Total loss to shareholders of 24% over the past year.お知らせ • Feb 10Qingmu Digital Technology Co.,Ltd. (SZSE:301110) announces an Equity Buyback for CNY 40 million worth of its shares.Qingmu Digital Technology Co.,Ltd. (SZSE:301110) announces a share repurchase program. Under the program, the company will repurchase up to CNY 40 million worth of its shares. The repurchase price will not more than CNY 40 per Share. The repurchased shares will be used for employee stock ownership plan or equity incentives. The repurchases will be funded using company's own funds. The repurchase period will be not more than 12 months.New Risk • Feb 05New 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 7.1% 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 Dividend is not well covered by cash flows (168% cash payout ratio). Share price has been volatile over the past 3 months (7.1% average weekly change). Profit margins are more than 30% lower than last year (8.1% net profit margin).Valuation Update With 7 Day Price Move • Feb 01Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to CN¥31.16, the stock trades at a trailing P/E ratio of 27.9x. Average trailing P/E is 25x in the Multiline Retail industry in China. Total loss to shareholders of 24% over the past year.お知らせ • Dec 30Qingmu Digital Technology Co.,Ltd. to Report Fiscal Year 2023 Results on Apr 24, 2024Qingmu Digital Technology Co.,Ltd. announced that they will report fiscal year 2023 results on Apr 24, 2024Reported Earnings • Nov 01Third quarter 2023 earnings released: CN¥0.22 loss per share (vs CN¥0.083 profit in 3Q 2022)Third quarter 2023 results: CN¥0.22 loss per share (down from CN¥0.083 profit in 3Q 2022). Revenue: CN¥199.4m (up 7.1% from 3Q 2022). Net loss: CN¥14.5m (down 363% from profit in 3Q 2022).お知らせ • Sep 30Qingmu Digital Technology Co.,Ltd. to Report Q3, 2023 Results on Oct 30, 2023Qingmu Digital Technology Co.,Ltd. announced that they will report Q3, 2023 results on Oct 30, 2023Reported Earnings • Aug 28Second quarter 2023 earnings released: EPS: CN¥0.46 (vs CN¥0.24 in 2Q 2022)Second quarter 2023 results: EPS: CN¥0.46 (up from CN¥0.24 in 2Q 2022). Revenue: CN¥241.9m (up 13% from 2Q 2022). Net income: CN¥31.5m (up 95% from 2Q 2022). Profit margin: 13% (up from 7.6% in 2Q 2022). The increase in margin was driven by higher revenue.Valuation Update With 7 Day Price Move • May 15Investor sentiment improves as stock rises 15%After last week's 15% share price gain to CN¥56.69, the stock trades at a trailing P/E ratio of 64.1x. Average trailing P/E is 31x in the Multiline Retail industry in China. Total returns to shareholders of 6.3% over the past year.Reported Earnings • Apr 16First quarter 2023 earnings released: EPS: CN¥0.15 (vs CN¥0.32 in 1Q 2022)First quarter 2023 results: EPS: CN¥0.15 (down from CN¥0.32 in 1Q 2022). Revenue: CN¥212.8m (up 22% from 1Q 2022). Net income: CN¥9.77m (down 39% from 1Q 2022). Profit margin: 4.6% (down from 9.2% in 1Q 2022). The decrease in margin was driven by higher expenses.Valuation Update With 7 Day Price Move • Apr 10Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to CN¥52.92, the stock trades at a trailing P/E ratio of 32.3x. Average trailing P/E is 34x in the Multiline Retail industry in China. Total returns to shareholders of 15% over the past year.Valuation Update With 7 Day Price Move • Mar 16Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CN¥47.28, the stock trades at a trailing P/E ratio of 28.9x. Average trailing P/E is 23x in the Online Retail industry in Asia. Total loss to shareholders of 23% over the past year.Valuation Update With 7 Day Price Move • Feb 07Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CN¥45.21, the stock trades at a trailing P/E ratio of 27.6x. Average trailing P/E is 23x in the Online Retail industry in Asia.Board Change • Nov 16No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. No highly experienced directors. No independent directors (4 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.Reported Earnings • Oct 28Third quarter 2022 earnings released: EPS: CN¥0.083 (vs CN¥0.80 in 3Q 2021)Third quarter 2022 results: EPS: CN¥0.083 (down from CN¥0.80 in 3Q 2021). Revenue: CN¥186.2m (down 17% from 3Q 2021). Net income: CN¥5.52m (down 86% from 3Q 2021). Profit margin: 3.0% (down from 18% in 3Q 2021). The decrease in margin was driven by lower revenue.Reported Earnings • Aug 29Second quarter 2022 earnings released: EPS: CN¥0.24 (vs CN¥0.78 in 2Q 2021)Second quarter 2022 results: EPS: CN¥0.24 (down from CN¥0.78 in 2Q 2021). Revenue: CN¥214.0m (up 1.2% from 2Q 2021). Net income: CN¥16.2m (down 58% from 2Q 2021). Profit margin: 7.6% (down from 18% in 2Q 2021). The decrease in margin was driven by higher expenses.お知らせ • May 26Qingmu Digital Technology Co.,Ltd. Announces 2021 Final Profit Distribution Plan to Be Implemented (A Shares), Payable on 31 May 2022Qingmu Digital Technology Co.,Ltd. announced 2021 final profit distribution plan to be implemented (A shares) of Cash dividend/10 shares (tax included): CNY 6.00000000. Record date is 30 May 2022, Ex-date is 31 May 2022 and payment date is 31 May 2022.お知らせ • May 19Qingmu Digital Technology Co.,Ltd. Approves the Final Cash Dividend for the Year 2021Qingmu Digital Technology Co.,Ltd. approved the final cash dividend of CNY 6.00000000 per 10 shares (tax included) for the year 2021.Valuation Update With 7 Day Price Move • May 09Investor sentiment improved over the past weekAfter last week's 16% share price gain to CN¥50.42, the stock trades at a trailing P/E ratio of 24.8x. Average trailing P/E is 39x in the IT industry in China.Board Change • Apr 27No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. No highly experienced directors. No independent directors (4 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.お知らせ • Apr 26Qingmu Digital Technology Co.,Ltd. Proposes Final Dividend for the Year 2021Qingmu Digital Technology Co.,Ltd. proposed final cash dividend of CNY 6.00000000 per 10 shares (tax included) for the year 2021.株主還元301110CN Multiline RetailCN 市場7D8.5%3.6%0.4%1Y4.5%-11.0%27.7%株主還元を見る業界別リターン: 301110過去 1 年間で-11.7 % の収益を上げたCN Multiline Retail業界を上回りました。リターン対市場: 301110は、過去 1 年間で26.8 % のリターンを上げたCN市場を下回りました。価格変動Is 301110's price volatile compared to industry and market?301110 volatility301110 Average Weekly Movement8.4%Multiline Retail Industry Average Movement5.3%Market Average Movement6.8%10% most volatile stocks in CN Market11.1%10% least volatile stocks in CN Market4.2%安定した株価: 301110 、 CN市場と比較して、過去 3 か月間で大きな価格変動はありませんでした。時間の経過による変動: 301110の 週次ボラティリティ ( 8% ) は過去 1 年間安定しています。会社概要設立従業員CEO（最高経営責任者ウェブサイト20092,050Bin Luwww.qingmutec.com青木科技有限公司はブランド小売ソリューションを提供している。オンラインショップ運営、デジタルマーケティング、オムニバリューチェーン消費者オペレーション、ブランドインキュベーター、倉庫・物流ソリューションを提供している。また、ブランド公式ウェブサイト、オムニチャネルシステム、DTMiller消費者オペレーションプラットフォームなどのテクノロジーソリューションも提供している。ファッションとFMCGを顧客としている。同社は以前、青武デジタルテクノロジー株式会社として知られていたが、2024年7月に青武科技株式会社に社名を変更した。同社は2009年に設立され、中国の広州に本社を置いている。もっと見るQingmu Tec Co., Ltd. 基礎のまとめQingmu Tec の収益と売上を時価総額と比較するとどうか。301110 基礎統計学時価総額CN¥5.12b収益（TTM）CN¥155.15m売上高(TTM)CN¥1.48b33.0xPER（株価収益率3.5xP/Sレシオ301110 は割高か？公正価値と評価分析を参照収益と収入最新の決算報告書（TTM）に基づく主な収益性統計301110 損益計算書（TTM）収益CN¥1.48b売上原価CN¥658.50m売上総利益CN¥825.16mその他の費用CN¥670.01m収益CN¥155.15m直近の収益報告Mar 31, 2026次回決算日Aug 28, 2026一株当たり利益（EPS）1.20グロス・マージン55.62%純利益率10.46%有利子負債／自己資本比率1.8%301110 の長期的なパフォーマンスは？過去の実績と比較を見る配当金1.4%現在の配当利回り48%配当性向View Valuation企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/07/03 03:25終値2026/07/03 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Qingmu Tec Co., Ltd. 1 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。2 アナリスト機関Yifan DuCitic Securities Co., Ltd.Yuenan LiuHaitong International Research Limited
お知らせ • Jul 01Qingmu Tec Co., Ltd. to Report First Half, 2026 Results on Aug 28, 2026Qingmu Tec Co., Ltd. announced that they will report first half, 2026 results on Aug 28, 2026
Declared Dividend • May 27Dividend of CN¥0.40 announcedShareholders will receive a dividend of CN¥0.40. Ex-date: 29th May 2026 Payment date: 29th May 2026 Dividend yield will be 0.7%, which is lower than the industry average of 2.2%. Sustainability & Growth Dividend is covered by earnings (48% earnings payout ratio) but not covered by cash flows (119% cash payout ratio). The dividend has increased by an average of 17% per year over the past 4 years and payments have been stable during that time. EPS is expected to grow by 35% over the next year, which should provide support to the dividend and adequate earnings cover.
Valuation Update With 7 Day Price Move • May 25Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to CN¥61.86, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 22x in the Multiline Retail industry in China. Total returns to shareholders of 62% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥31.57 per share.
New Risk • May 21New 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 8.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by cash flows (119% cash payout ratio). Share price has been volatile over the past 3 months (8.2% average weekly change).
Reported Earnings • Apr 27First quarter 2026 earnings released: EPS: CN¥0.46 (vs CN¥0.11 in 1Q 2025)First quarter 2026 results: EPS: CN¥0.46 (up from CN¥0.11 in 1Q 2025). Revenue: CN¥343.3m (up 25% from 1Q 2025). Net income: CN¥42.1m (up 321% from 1Q 2025). Profit margin: 12% (up from 3.6% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 34% p.a. on average during the next 2 years, compared to a 11% growth forecast for the Multiline Retail industry in China. Over the last 3 years on average, earnings per share has increased by 29% per year whereas the company’s share price has increased by 27% per year.
お知らせ • Apr 27Qingmu Tec Co., Ltd., Annual General Meeting, May 18, 2026Qingmu Tec Co., Ltd., Annual General Meeting, May 18, 2026, at 14:00 China Standard Time. Location: No 353, Yijing Road, Haizhu District, Guangzhou, Guangdong China
お知らせ • Jul 01Qingmu Tec Co., Ltd. to Report First Half, 2026 Results on Aug 28, 2026Qingmu Tec Co., Ltd. announced that they will report first half, 2026 results on Aug 28, 2026
Declared Dividend • May 27Dividend of CN¥0.40 announcedShareholders will receive a dividend of CN¥0.40. Ex-date: 29th May 2026 Payment date: 29th May 2026 Dividend yield will be 0.7%, which is lower than the industry average of 2.2%. Sustainability & Growth Dividend is covered by earnings (48% earnings payout ratio) but not covered by cash flows (119% cash payout ratio). The dividend has increased by an average of 17% per year over the past 4 years and payments have been stable during that time. EPS is expected to grow by 35% over the next year, which should provide support to the dividend and adequate earnings cover.
Valuation Update With 7 Day Price Move • May 25Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to CN¥61.86, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 22x in the Multiline Retail industry in China. Total returns to shareholders of 62% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥31.57 per share.
New Risk • May 21New 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 8.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by cash flows (119% cash payout ratio). Share price has been volatile over the past 3 months (8.2% average weekly change).
Reported Earnings • Apr 27First quarter 2026 earnings released: EPS: CN¥0.46 (vs CN¥0.11 in 1Q 2025)First quarter 2026 results: EPS: CN¥0.46 (up from CN¥0.11 in 1Q 2025). Revenue: CN¥343.3m (up 25% from 1Q 2025). Net income: CN¥42.1m (up 321% from 1Q 2025). Profit margin: 12% (up from 3.6% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 34% p.a. on average during the next 2 years, compared to a 11% growth forecast for the Multiline Retail industry in China. Over the last 3 years on average, earnings per share has increased by 29% per year whereas the company’s share price has increased by 27% per year.
お知らせ • Apr 27Qingmu Tec Co., Ltd., Annual General Meeting, May 18, 2026Qingmu Tec Co., Ltd., Annual General Meeting, May 18, 2026, at 14:00 China Standard Time. Location: No 353, Yijing Road, Haizhu District, Guangzhou, Guangdong China
Valuation Update With 7 Day Price Move • Apr 20Investor sentiment improves as stock rises 18%After last week's 18% share price gain to CN¥71.06, the stock trades at a forward P/E ratio of 30x. Average forward P/E is 26x in the Multiline Retail industry in China. Total returns to shareholders of 101% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥32.79 per share.
お知らせ • Mar 31Qingmu Tec Co., Ltd. to Report Q1, 2026 Results on Apr 27, 2026Qingmu Tec Co., Ltd. announced that they will report Q1, 2026 results on Apr 27, 2026
New Risk • Mar 25New 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 10% 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 Risks Share price has been highly volatile over the past 3 months (10% average weekly change). High level of non-cash earnings (24% accrual ratio). Minor Risk Paying a dividend despite having no free cash flows.
Valuation Update With 7 Day Price Move • Jan 09Investor sentiment improves as stock rises 27%After last week's 27% share price gain to CN¥84.26, the stock trades at a trailing P/E ratio of 79.6x. Average forward P/E is 23x in the Multiline Retail industry in China. Total returns to shareholders of 234% over the past three years.
お知らせ • Dec 31Qingmu Tec Co., Ltd. to Report Fiscal Year 2025 Results on Apr 27, 2026Qingmu Tec Co., Ltd. announced that they will report fiscal year 2025 results on Apr 27, 2026
Reported Earnings • Oct 28Third quarter 2025 earnings released: EPS: CN¥0.30 (vs CN¥0.056 in 3Q 2024)Third quarter 2025 results: EPS: CN¥0.30 (up from CN¥0.056 in 3Q 2024). Revenue: CN¥352.7m (up 34% from 3Q 2024). Net income: CN¥28.0m (up 440% from 3Q 2024). Profit margin: 7.9% (up from 2.0% in 3Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 39% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Sep 30Qingmu Tec Co., Ltd. to Report Q3, 2025 Results on Oct 27, 2025Qingmu Tec Co., Ltd. announced that they will report Q3, 2025 results on Oct 27, 2025
New Risk • Sep 05New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 24% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (10% average weekly change). Earnings have declined by 18% per year over the past 5 years. High level of non-cash earnings (24% accrual ratio). Minor Risk Paying a dividend despite having no free cash flows.
お知らせ • Jul 02Qingmu Tec Co., Ltd. to Report First Half, 2025 Results on Aug 29, 2025Qingmu Tec Co., Ltd. announced that they will report first half, 2025 results on Aug 29, 2025
Valuation Update With 7 Day Price Move • Jun 11Investor sentiment improves as stock rises 21%After last week's 21% share price gain to CN¥60.35, the stock trades at a trailing P/E ratio of 73.1x. Average trailing P/E is 60x in the Multiline Retail industry in China. Total returns to shareholders of 109% over the past three years.
Declared Dividend • Jun 04Dividend of CN¥0.40 announcedShareholders will receive a dividend of CN¥0.40. Ex-date: 9th June 2025 Payment date: 9th June 2025 Dividend yield will be 1.6%, which is lower than the industry average of 2.2%. Sustainability & Growth Dividend is not adequately covered by earnings (97% earnings payout ratio) and the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 23% per year over the past 3 years and payments have been stable during that time. The company's earnings per share (EPS) would need to grow by 7.7% to bring the payout ratio under control, which is more than the 5.6% EPS growth achieved over the last 5 years.
New Risk • May 27New 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 10% 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 Risks Share price has been highly volatile over the past 3 months (10% average weekly change). Dividend is not well covered by earnings and cash flows. Payout ratio: 97% Paying a dividend despite having no free cash flows. Earnings have declined by 19% per year over the past 5 years.
New Risk • May 17New major risk - Dividend sustainabilityThe dividend is not well covered by earnings and cash flows. Payout ratio: 97% The company is paying a dividend despite having no free cash flows. Dividend yield: 1.6% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 97% Paying a dividend despite having no free cash flows. Earnings have declined by 19% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (9.6% average weekly change).
Reported Earnings • May 03Third quarter 2024 earnings released: EPS: CN¥0.056 (vs CN¥0.16 loss in 3Q 2023)Third quarter 2024 results: EPS: CN¥0.056 (up from CN¥0.16 loss in 3Q 2023). Revenue: CN¥263.7m (up 32% from 3Q 2023). Net income: CN¥5.18m (up CN¥19.7m from 3Q 2023). Profit margin: 2.0% (up from net loss in 3Q 2023). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 39% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings.
お知らせ • Apr 29Qingmu Tec Co., Ltd., Annual General Meeting, May 19, 2025Qingmu Tec Co., Ltd., Annual General Meeting, May 19, 2025, at 15:00 China Standard Time.
Valuation Update With 7 Day Price Move • Apr 07Investor sentiment deteriorates as stock falls 22%After last week's 22% share price decline to CN¥37.99, the stock trades at a trailing P/E ratio of 36x. Average trailing P/E is 45x in the Multiline Retail industry in China. Total returns to shareholders of 20% over the past three years.
お知らせ • Mar 31Qingmu Tec Co., Ltd. to Report Q1, 2025 Results on Apr 29, 2025Qingmu Tec Co., Ltd. announced that they will report Q1, 2025 results on Apr 29, 2025
分析記事 • Feb 28Qingmu Tec Co., Ltd.'s (SZSE:301110) 28% Share Price Plunge Could Signal Some RiskQingmu Tec Co., Ltd. ( SZSE:301110 ) shares have had a horrible month, losing 28% after a relatively good period...
New Risk • Feb 25New major risk - Revenue and earnings growthEarnings have declined by 13% 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 Share price has been highly volatile over the past 3 months (16% average weekly change). Earnings have declined by 13% per year over the past 5 years. High level of non-cash earnings (27% accrual ratio). Minor Risk Paying a dividend despite having no free cash flows.
Valuation Update With 7 Day Price Move • Feb 18Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to CN¥53.15, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 25x in the Multiline Retail industry in China. Total returns to shareholders of 155% over the past year.
Valuation Update With 7 Day Price Move • Jan 20Investor sentiment improves as stock rises 15%After last week's 15% share price gain to CN¥66.90, the stock trades at a forward P/E ratio of 29x. Average forward P/E is 22x in the Multiline Retail industry in China. Total returns to shareholders of 172% over the past year.
分析記事 • Jan 14Qingmu Tec Co., Ltd.'s (SZSE:301110) P/E Is Still On The Mark Following 30% Share Price BounceDespite an already strong run, Qingmu Tec Co., Ltd. ( SZSE:301110 ) shares have been powering on, with a gain of 30% in...
お知らせ • Dec 31Qingmu Tec Co., Ltd. to Report Fiscal Year 2024 Results on Apr 29, 2025Qingmu Tec Co., Ltd. announced that they will report fiscal year 2024 results on Apr 29, 2025
Valuation Update With 7 Day Price Move • Dec 31Investor sentiment deteriorates as stock falls 22%After last week's 22% share price decline to CN¥61.54, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 26x in the Multiline Retail industry in China. Total returns to shareholders of 121% over the past year.
New Risk • Dec 19New 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 14% 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 Risks Share price has been highly volatile over the past 3 months (14% average weekly change). High level of non-cash earnings (27% accrual ratio). Minor Risk Paying a dividend despite having no free cash flows.
Valuation Update With 7 Day Price Move • Dec 16Investor sentiment improves as stock rises 15%After last week's 15% share price gain to CN¥51.20, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 26x in the Multiline Retail industry in China. Total returns to shareholders of 72% over the past year.
分析記事 • Nov 29Qingmu Tec Co., Ltd. (SZSE:301110) Stocks Shoot Up 26% But Its P/E Still Looks ReasonableDespite an already strong run, Qingmu Tec Co., Ltd. ( SZSE:301110 ) shares have been powering on, with a gain of 26% in...
Valuation Update With 7 Day Price Move • Nov 13Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CN¥45.88, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 23x in the Multiline Retail industry in China. Total returns to shareholders of 40% over the past year.
分析記事 • Nov 04Qingmu Tec's (SZSE:301110) Earnings Are Of Questionable QualityLast week's profit announcement from Qingmu Tec Co., Ltd. ( SZSE:301110 ) was underwhelming for investors, despite...
Reported Earnings • Oct 29Third quarter 2024 earnings released: EPS: CN¥0.056 (vs CN¥0.058 in 3Q 2023)Third quarter 2024 results: EPS: CN¥0.056 (down from CN¥0.058 in 3Q 2023). Revenue: CN¥263.7m (up 2.9% from 3Q 2023). Net income: CN¥5.18m (down 3.9% from 3Q 2023). Profit margin: 2.0% (down from 2.1% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 29% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Multiline Retail industry in China.
Valuation Update With 7 Day Price Move • Oct 14Investor sentiment improves as stock rises 28%After last week's 28% share price gain to CN¥43.19, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 20x in the Multiline Retail industry in China. Total returns to shareholders of 32% over the past year.
分析記事 • Oct 13Qingmu Tec Co., Ltd. (SZSE:301110) Looks Just Right With A 35% Price JumpQingmu Tec Co., Ltd. ( SZSE:301110 ) shares have had a really impressive month, gaining 35% after a shaky period...
お知らせ • Sep 30Qingmu Tec Co., Ltd. to Report Q3, 2024 Results on Oct 29, 2024Qingmu Tec Co., Ltd. announced that they will report Q3, 2024 results on Oct 29, 2024
分析記事 • Sep 30Investors Could Be Concerned With Qingmu Tec's (SZSE:301110) Returns On CapitalDid you know there are some financial metrics that can provide clues of a potential multi-bagger? Firstly, we'd want to...
Valuation Update With 7 Day Price Move • Sep 27Investor sentiment improves as stock rises 17%After last week's 17% share price gain to CN¥30.09, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 19x in the Multiline Retail industry in China. Total loss to shareholders of 13% over the past year.
New Risk • Sep 25New major risk - Dividend sustainabilityThe dividend is not well covered by earnings and cash flows. Payout ratio: 99% The company is paying a dividend despite having no free cash flows. Dividend yield: 2.8% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 99% Paying a dividend despite having no free cash flows. High level of non-cash earnings (22% accrual ratio).
お知らせ • Sep 20Qingmu Tec Co., Ltd. Approves Interim Dividend for 2024Qingmu Tec Co., Ltd. at its Extraordinary General Meeting held on 18 September 2024 approved interim cash dividend of CNY 4.00000000 per 10 shares (tax included) for 2024.
Reported Earnings • Aug 31Second quarter 2024 earnings released: EPS: CN¥0.46 (vs CN¥0.33 in 2Q 2023)Second quarter 2024 results: EPS: CN¥0.46 (up from CN¥0.33 in 2Q 2023). Revenue: CN¥317.9m (up 31% from 2Q 2023). Net income: CN¥42.9m (up 36% from 2Q 2023). Profit margin: 14% (in line with 2Q 2023). Revenue is forecast to grow 28% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Multiline Retail industry in China.
分析記事 • Jul 19What You Can Learn From Qingmu Tec Co., Ltd.'s (SZSE:301110) P/EQingmu Tec Co., Ltd.'s ( SZSE:301110 ) price-to-earnings (or "P/E") ratio of 37.5x might make it look like a sell right...
お知らせ • Jun 29Qingmu Digital Technology Co.,Ltd. to Report First Half, 2024 Results on Aug 30, 2024Qingmu Digital Technology Co.,Ltd. announced that they will report first half, 2024 results on Aug 30, 2024
分析記事 • Apr 30Shareholders Can Be Confident That Qingmu Digital TechnologyLtd's (SZSE:301110) Earnings Are High QualityQingmu Digital Technology Co.,Ltd. ( SZSE:301110 ) just reported healthy earnings but the stock price didn't move much...
お知らせ • Apr 24Qingmu Digital Technology Co.,Ltd., Annual General Meeting, May 21, 2024Qingmu Digital Technology Co.,Ltd., Annual General Meeting, May 21, 2024, at 14:00 China Standard Time. Location: 4F, Building 1, Phase 2, No. 189, Dunhe Road, Guangzhou Avenue South, Guangzhou, Guangdong China
Reported Earnings • Apr 24First quarter 2024 earnings released: EPS: CN¥0.36 (vs CN¥0.15 in 1Q 2023)First quarter 2024 results: EPS: CN¥0.36 (up from CN¥0.15 in 1Q 2023). Revenue: CN¥226.3m (up 6.3% from 1Q 2023). Net income: CN¥24.2m (up 148% from 1Q 2023). Profit margin: 11% (up from 4.6% in 1Q 2023).
New Risk • Apr 24New major risk - Revenue and earnings growthEarnings have declined by 7.0% 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 Risk Earnings have declined by 7.0% per year over the past 5 years. 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 (12% average weekly change). Profit margins are more than 30% lower than last year (8.1% net profit margin).
分析記事 • Apr 22Investors Could Be Concerned With Qingmu Digital TechnologyLtd's (SZSE:301110) Returns On CapitalThere are a few key trends to look for if we want to identify the next multi-bagger. Ideally, a business will show two...
Valuation Update With 7 Day Price Move • Apr 16Investor sentiment deteriorates as stock falls 22%After last week's 22% share price decline to CN¥29.00, the stock trades at a trailing P/E ratio of 26x. Average trailing P/E is 28x in the Multiline Retail industry in China. Total loss to shareholders of 44% over the past year.
お知らせ • Mar 30Qingmu Digital Technology Co.,Ltd. to Report Q1, 2024 Results on Apr 24, 2024Qingmu Digital Technology Co.,Ltd. announced that they will report Q1, 2024 results on Apr 24, 2024
New Risk • Mar 14New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Dividend is not well covered by cash flows (168% cash payout ratio). Share price has been volatile over the past 3 months (11% average weekly change). Profit margins are more than 30% lower than last year (8.1% net profit margin).
Valuation Update With 7 Day Price Move • Feb 21Investor sentiment improves as stock rises 17%After last week's 17% share price gain to CN¥30.68, the stock trades at a trailing P/E ratio of 27.5x. Average trailing P/E is 24x in the Multiline Retail industry in China. Total loss to shareholders of 24% over the past year.
お知らせ • Feb 10Qingmu Digital Technology Co.,Ltd. (SZSE:301110) announces an Equity Buyback for CNY 40 million worth of its shares.Qingmu Digital Technology Co.,Ltd. (SZSE:301110) announces a share repurchase program. Under the program, the company will repurchase up to CNY 40 million worth of its shares. The repurchase price will not more than CNY 40 per Share. The repurchased shares will be used for employee stock ownership plan or equity incentives. The repurchases will be funded using company's own funds. The repurchase period will be not more than 12 months.
New Risk • Feb 05New 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 7.1% 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 Dividend is not well covered by cash flows (168% cash payout ratio). Share price has been volatile over the past 3 months (7.1% average weekly change). Profit margins are more than 30% lower than last year (8.1% net profit margin).
Valuation Update With 7 Day Price Move • Feb 01Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to CN¥31.16, the stock trades at a trailing P/E ratio of 27.9x. Average trailing P/E is 25x in the Multiline Retail industry in China. Total loss to shareholders of 24% over the past year.
お知らせ • Dec 30Qingmu Digital Technology Co.,Ltd. to Report Fiscal Year 2023 Results on Apr 24, 2024Qingmu Digital Technology Co.,Ltd. announced that they will report fiscal year 2023 results on Apr 24, 2024
Reported Earnings • Nov 01Third quarter 2023 earnings released: CN¥0.22 loss per share (vs CN¥0.083 profit in 3Q 2022)Third quarter 2023 results: CN¥0.22 loss per share (down from CN¥0.083 profit in 3Q 2022). Revenue: CN¥199.4m (up 7.1% from 3Q 2022). Net loss: CN¥14.5m (down 363% from profit in 3Q 2022).
お知らせ • Sep 30Qingmu Digital Technology Co.,Ltd. to Report Q3, 2023 Results on Oct 30, 2023Qingmu Digital Technology Co.,Ltd. announced that they will report Q3, 2023 results on Oct 30, 2023
Reported Earnings • Aug 28Second quarter 2023 earnings released: EPS: CN¥0.46 (vs CN¥0.24 in 2Q 2022)Second quarter 2023 results: EPS: CN¥0.46 (up from CN¥0.24 in 2Q 2022). Revenue: CN¥241.9m (up 13% from 2Q 2022). Net income: CN¥31.5m (up 95% from 2Q 2022). Profit margin: 13% (up from 7.6% in 2Q 2022). The increase in margin was driven by higher revenue.
Valuation Update With 7 Day Price Move • May 15Investor sentiment improves as stock rises 15%After last week's 15% share price gain to CN¥56.69, the stock trades at a trailing P/E ratio of 64.1x. Average trailing P/E is 31x in the Multiline Retail industry in China. Total returns to shareholders of 6.3% over the past year.
Reported Earnings • Apr 16First quarter 2023 earnings released: EPS: CN¥0.15 (vs CN¥0.32 in 1Q 2022)First quarter 2023 results: EPS: CN¥0.15 (down from CN¥0.32 in 1Q 2022). Revenue: CN¥212.8m (up 22% from 1Q 2022). Net income: CN¥9.77m (down 39% from 1Q 2022). Profit margin: 4.6% (down from 9.2% in 1Q 2022). The decrease in margin was driven by higher expenses.
Valuation Update With 7 Day Price Move • Apr 10Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to CN¥52.92, the stock trades at a trailing P/E ratio of 32.3x. Average trailing P/E is 34x in the Multiline Retail industry in China. Total returns to shareholders of 15% over the past year.
Valuation Update With 7 Day Price Move • Mar 16Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CN¥47.28, the stock trades at a trailing P/E ratio of 28.9x. Average trailing P/E is 23x in the Online Retail industry in Asia. Total loss to shareholders of 23% over the past year.
Valuation Update With 7 Day Price Move • Feb 07Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CN¥45.21, the stock trades at a trailing P/E ratio of 27.6x. Average trailing P/E is 23x in the Online Retail industry in Asia.
Board Change • Nov 16No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. No highly experienced directors. No independent directors (4 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.
Reported Earnings • Oct 28Third quarter 2022 earnings released: EPS: CN¥0.083 (vs CN¥0.80 in 3Q 2021)Third quarter 2022 results: EPS: CN¥0.083 (down from CN¥0.80 in 3Q 2021). Revenue: CN¥186.2m (down 17% from 3Q 2021). Net income: CN¥5.52m (down 86% from 3Q 2021). Profit margin: 3.0% (down from 18% in 3Q 2021). The decrease in margin was driven by lower revenue.
Reported Earnings • Aug 29Second quarter 2022 earnings released: EPS: CN¥0.24 (vs CN¥0.78 in 2Q 2021)Second quarter 2022 results: EPS: CN¥0.24 (down from CN¥0.78 in 2Q 2021). Revenue: CN¥214.0m (up 1.2% from 2Q 2021). Net income: CN¥16.2m (down 58% from 2Q 2021). Profit margin: 7.6% (down from 18% in 2Q 2021). The decrease in margin was driven by higher expenses.
お知らせ • May 26Qingmu Digital Technology Co.,Ltd. Announces 2021 Final Profit Distribution Plan to Be Implemented (A Shares), Payable on 31 May 2022Qingmu Digital Technology Co.,Ltd. announced 2021 final profit distribution plan to be implemented (A shares) of Cash dividend/10 shares (tax included): CNY 6.00000000. Record date is 30 May 2022, Ex-date is 31 May 2022 and payment date is 31 May 2022.
お知らせ • May 19Qingmu Digital Technology Co.,Ltd. Approves the Final Cash Dividend for the Year 2021Qingmu Digital Technology Co.,Ltd. approved the final cash dividend of CNY 6.00000000 per 10 shares (tax included) for the year 2021.
Valuation Update With 7 Day Price Move • May 09Investor sentiment improved over the past weekAfter last week's 16% share price gain to CN¥50.42, the stock trades at a trailing P/E ratio of 24.8x. Average trailing P/E is 39x in the IT industry in China.
Board Change • Apr 27No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. No highly experienced directors. No independent directors (4 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.
お知らせ • Apr 26Qingmu Digital Technology Co.,Ltd. Proposes Final Dividend for the Year 2021Qingmu Digital Technology Co.,Ltd. proposed final cash dividend of CNY 6.00000000 per 10 shares (tax included) for the year 2021.
