CETC Chips Technology（600877）株式概要CETC Chips Technology Inc.は、シリコンベースのアナログ半導体チップおよび関連アプリケーション製品の設計、研究開発、製造、試験、販売を中華人民共和国および国際的に行っている。 詳細600877 ファンダメンタル分析スノーフレーク・スコア評価0/6将来の成長0/6過去の実績0/6財務の健全性6/6配当金0/6リスク分析過去5年間で収益は年間16.7%減少しました。 財務結果に影響を与える大きな一時的項目 利益率(3%)は昨年より低い(5.9%) すべてのリスクチェックを見る600877 Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.Your Fair ValueCN¥Current PriceCN¥16.23233.3% 割高 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture-211m2b2016201920222025202620282031Revenue CN¥495.2mEarnings CN¥15.1mAdvancedSet Fair ValueView all narrativesCETC Chips Technology Inc. 競合他社Shanghai Anlogic InfotechSymbol: SHSE:688107Market cap: CN¥18.7bWafer Works (Shanghai)Symbol: SHSE:688584Market cap: CN¥17.8bGrinm Advanced MaterialsSymbol: SHSE:600206Market cap: CN¥25.2bBrite Semiconductor (Shanghai)Symbol: SHSE:688691Market cap: CN¥14.7b価格と性能株価の高値、安値、推移の概要CETC Chips Technology過去の株価現在の株価CN¥16.2352週高値CN¥25.9152週安値CN¥11.79ベータ0.711ヶ月の変化-6.24%3ヶ月変化-15.07%1年変化37.08%3年間の変化14.70%5年間の変化-3.05%IPOからの変化140.62%最新ニュースReported Earnings • Apr 29Full year 2025 earnings released: EPS: CN¥0.04 (vs CN¥0.06 in FY 2024)Full year 2025 results: EPS: CN¥0.04 (down from CN¥0.06 in FY 2024). Revenue: CN¥1.02b (down 2.2% from FY 2024). Net income: CN¥43.5m (down 37% from FY 2024). Profit margin: 4.3% (down from 6.6% in FY 2024). Over the last 3 years on average, earnings per share has fallen by 50% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings.お知らせ • Apr 29CETC Chips Technology Inc., Annual General Meeting, May 20, 2026CETC Chips Technology Inc., Annual General Meeting, May 20, 2026, at 14:00 China Standard Time. Location: No. 23, Xiyong Avenue, Shapingba District, Chongqing Chinaお知らせ • Mar 30CETC Chips Technology Inc. to Report Q1, 2026 Results on Apr 29, 2026CETC Chips Technology Inc. announced that they will report Q1, 2026 results on Apr 29, 2026New Risk • Dec 30New 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 7.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 7.0% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (7.0% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (2.0% net profit margin).お知らせ • Dec 26CETC Chips Technology Inc. to Report Fiscal Year 2025 Results on Apr 29, 2026CETC Chips Technology Inc. announced that they will report fiscal year 2025 results on Apr 29, 2026Board Change • Dec 11Less than half of directors are independentFollowing the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent Director Tengjiang Deng was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.最新情報をもっと見るRecent updatesReported Earnings • Apr 29Full year 2025 earnings released: EPS: CN¥0.04 (vs CN¥0.06 in FY 2024)Full year 2025 results: EPS: CN¥0.04 (down from CN¥0.06 in FY 2024). Revenue: CN¥1.02b (down 2.2% from FY 2024). Net income: CN¥43.5m (down 37% from FY 2024). Profit margin: 4.3% (down from 6.6% in FY 2024). Over the last 3 years on average, earnings per share has fallen by 50% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings.お知らせ • Apr 29CETC Chips Technology Inc., Annual General Meeting, May 20, 2026CETC Chips Technology Inc., Annual General Meeting, May 20, 2026, at 14:00 China Standard Time. Location: No. 23, Xiyong Avenue, Shapingba District, Chongqing Chinaお知らせ • Mar 30CETC Chips Technology Inc. to Report Q1, 2026 Results on Apr 29, 2026CETC Chips Technology Inc. announced that they will report Q1, 2026 results on Apr 29, 2026New Risk • Dec 30New 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 7.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 7.0% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (7.0% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (2.0% net profit margin).お知らせ • Dec 26CETC Chips Technology Inc. to Report Fiscal Year 2025 Results on Apr 29, 2026CETC Chips Technology Inc. announced that they will report fiscal year 2025 results on Apr 29, 2026Board Change • Dec 11Less than half of directors are independentFollowing the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent Director Tengjiang Deng was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • Oct 31Third quarter 2025 earnings released: EPS: CN¥0.001 (vs CN¥0.017 in 3Q 2024)Third quarter 2025 results: EPS: CN¥0.001 (down from CN¥0.017 in 3Q 2024). Revenue: CN¥196.2m (down 17% from 3Q 2024). Net income: CN¥1.51m (down 93% from 3Q 2024). Profit margin: 0.8% (down from 8.7% in 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 42% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings.お知らせ • Sep 30CETC Chips Technology Inc. to Report Q3, 2025 Results on Oct 31, 2025CETC Chips Technology Inc. announced that they will report Q3, 2025 results on Oct 31, 2025New Risk • Sep 03New major risk - Revenue and earnings growthEarnings have declined by 0.6% 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 0.6% per year over the past 5 years. Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (3.9% net profit margin).お知らせ • Jun 30CETC Chips Technology Inc. to Report First Half, 2025 Results on Aug 22, 2025CETC Chips Technology Inc. announced that they will report first half, 2025 results on Aug 22, 2025New Risk • May 03New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 217% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (5.9% net profit margin).Reported Earnings • Apr 28Third quarter 2024 earnings released: EPS: CN¥0.017 (vs CN¥0.041 in 3Q 2023)Third quarter 2024 results: EPS: CN¥0.017 (down from CN¥0.041 in 3Q 2023). Revenue: CN¥236.5m (down 16% from 3Q 2023). Net income: CN¥20.6m (down 58% from 3Q 2023). Profit margin: 8.7% (down from 17% in 3Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 5% per year whereas the company’s share price has increased by 9% per year.お知らせ • Apr 25CETC Chips Technology Inc., Annual General Meeting, May 21, 2025CETC Chips Technology Inc., Annual General Meeting, May 21, 2025, at 14:00 China Standard Time. Location: No. 23, Xiyong Avenue, Shapingba District, Chongqing Chinaお知らせ • Mar 28CETC Chips Technology Inc. to Report Q1, 2025 Results on Apr 25, 2025CETC Chips Technology Inc. announced that they will report Q1, 2025 results on Apr 25, 2025分析記事 • Feb 28Capital Allocation Trends At CETC Chips Technology (SHSE:600877) Aren't IdealWhat trends should we look for it we want to identify stocks that can multiply in value over the long term? In a...分析記事 • Feb 06CETC Chips Technology Inc.'s (SHSE:600877) Shareholders Might Be Looking For ExitYou may think that with a price-to-sales (or "P/S") ratio of 10.9x CETC Chips Technology Inc. ( SHSE:600877 ) is a...お知らせ • Dec 27CETC Chips Technology Inc. to Report Fiscal Year 2024 Results on Apr 25, 2025CETC Chips Technology Inc. announced that they will report fiscal year 2024 results on Apr 25, 2025Reported Earnings • Oct 29Third quarter 2024 earnings released: EPS: CN¥0.017 (vs CN¥0.041 in 3Q 2023)Third quarter 2024 results: EPS: CN¥0.017 (down from CN¥0.041 in 3Q 2023). Revenue: CN¥236.5m (down 16% from 3Q 2023). Net income: CN¥20.6m (down 58% from 3Q 2023). Profit margin: 8.7% (down from 17% in 3Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.分析記事 • Oct 27Does CETC Chips Technology (SHSE:600877) Deserve A Spot On Your Watchlist?It's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story...分析記事 • Oct 08Earnings Not Telling The Story For CETC Chips Technology Inc. (SHSE:600877) After Shares Rise 46%CETC Chips Technology Inc. ( SHSE:600877 ) shareholders have had their patience rewarded with a 46% share price jump in...Valuation Update With 7 Day Price Move • Sep 30Investor sentiment improves as stock rises 20%After last week's 20% share price gain to CN¥13.16, the stock trades at a trailing P/E ratio of 71.3x. Average trailing P/E is 50x in the Semiconductor industry in China. Total loss to shareholders of 13% over the past three years.お知らせ • Sep 30CETC Chips Technology Inc. to Report Q3, 2024 Results on Oct 29, 2024CETC Chips Technology Inc. announced that they will report Q3, 2024 results on Oct 29, 2024分析記事 • Aug 15Returns On Capital At CETC Chips Technology (SHSE:600877) Paint A Concerning PictureThere are a few key trends to look for if we want to identify the next multi-bagger. Typically, we'll want to notice a...お知らせ • Jun 28CETC Chips Technology Inc. to Report First Half, 2024 Results on Aug 10, 2024CETC Chips Technology Inc. announced that they will report first half, 2024 results on Aug 10, 2024New Risk • May 06New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 21% 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. This is currently the only risk that has been identified for the company.分析記事 • May 02CETC Chips Technology's (SHSE:600877) Profits Appear To Have Quality IssuesThe market for CETC Chips Technology Inc.'s ( SHSE:600877 ) stock was strong after it released a healthy earnings...New Risk • Apr 27New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 21% 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. This is currently the only risk that has been identified for the company.お知らせ • Apr 27CETC Chips Technology Inc., Annual General Meeting, May 27, 2024CETC Chips Technology Inc., Annual General Meeting, May 27, 2024, at 13:30 China Standard Time. Location: No. 23, Xiyong Avenue, Shapingba District, Chongqing ChinaReported Earnings • Apr 26Full year 2023 earnings released: EPS: CN¥0.20 (vs CN¥0.19 in FY 2022)Full year 2023 results: EPS: CN¥0.20 (up from CN¥0.19 in FY 2022). Revenue: CN¥1.52b (down 2.6% from FY 2022). Net income: CN¥234.0m (up 4.9% from FY 2022). Profit margin: 15% (up from 14% in FY 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings.お知らせ • Mar 29CETC Chips Technology Inc. to Report Q1, 2024 Results on Apr 26, 2024CETC Chips Technology Inc. announced that they will report Q1, 2024 results on Apr 26, 2024分析記事 • Mar 04Subdued Growth No Barrier To CETC Chips Technology Inc. (SHSE:600877) With Shares Advancing 27%CETC Chips Technology Inc. ( SHSE:600877 ) shareholders are no doubt pleased to see that the share price has bounced...Valuation Update With 7 Day Price Move • Feb 02Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to CN¥9.99, the stock trades at a trailing P/E ratio of 57.3x. Average trailing P/E is 48x in the Semiconductor industry in China. Total loss to shareholders of 16% over the past three years.お知らせ • Dec 30CETC Acoustic-Optic-Electronic Technology Inc. to Report Fiscal Year 2023 Results on Apr 17, 2024CETC Acoustic-Optic-Electronic Technology Inc. announced that they will report fiscal year 2023 results on Apr 17, 2024New Risk • Nov 02New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 34% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (7.0% average weekly change). Large one-off items impacting financial results.Reported Earnings • Oct 29Third quarter 2023 earnings released: EPS: CN¥0.041 (vs CN¥0.035 in 3Q 2022)Third quarter 2023 results: EPS: CN¥0.041 (up from CN¥0.035 in 3Q 2022). Revenue: CN¥279.7m (down 17% from 3Q 2022). Net income: CN¥48.8m (up 17% from 3Q 2022). Profit margin: 17% (up from 12% in 3Q 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has increased by 36% per year, which means it is tracking significantly ahead of earnings growth.New Risk • Oct 07New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 6.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (6.0% average weekly change). Large one-off items impacting financial results.New Risk • Aug 24New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 24% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. This is currently the only risk that has been identified for the company.Reported Earnings • Aug 18Second quarter 2023 earnings released: EPS: CN¥0.03 (vs CN¥0.039 in 2Q 2022)Second quarter 2023 results: EPS: CN¥0.03 (down from CN¥0.039 in 2Q 2022). Revenue: CN¥350.0m (down 17% from 2Q 2022). Net income: CN¥35.6m (down 23% from 2Q 2022). Profit margin: 10% (in line with 2Q 2022). Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has increased by 26% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Jun 28CETC Acoustic-Optic-Electronic Technology Inc. to Report First Half, 2023 Results on Aug 18, 2023CETC Acoustic-Optic-Electronic Technology Inc. announced that they will report first half, 2023 results on Aug 18, 2023Board Change • Nov 16Less than half of directors are independentThere are 4 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 4 new directors. No experienced directors. No highly experienced directors. 1 independent director (2 non-independent directors). Chairman of the Supervisory Board Bin Xu is the most experienced director on the board, commencing their role in 2021. Independent Director Xing Liu was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of experienced directors.Reported Earnings • Oct 28Third quarter 2022 earnings releasedThird quarter 2022 results: EPS: CN¥0.035. Revenue: CN¥338.1m (down 4.1% from 3Q 2021). Net income: CN¥41.9m (up 137% from 3Q 2021). Profit margin: 12% (up from 5.0% in 3Q 2021). The increase in margin was driven by lower expenses. Revenue is forecast to grow 28% p.a. on average during the next 2 years, compared to a 21% growth forecast for the Auto industry in China. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has increased by 34% per year, which means it is tracking significantly ahead of earnings growth.Reported Earnings • Aug 18Second quarter 2022 earnings released: EPS: CN¥0.039 (vs CN¥0.035 in 2Q 2021)Second quarter 2022 results: EPS: CN¥0.039 (up from CN¥0.035 in 2Q 2021). Revenue: CN¥419.6m (down 28% from 2Q 2021). Net income: CN¥46.0m (up 58% from 2Q 2021). Profit margin: 11% (up from 5.0% in 2Q 2021). The increase in margin was driven by lower expenses. Over the next year, revenue is forecast to grow 56%, compared to a 20% growth forecast for the Auto industry in China. Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has increased by 33% per year, which means it is well ahead of earnings.Reported Earnings • Apr 28First quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behindFirst quarter 2022 results: EPS: CN¥0.027 (up from CN¥0.003 in 1Q 2021). Revenue: CN¥274.8m (up 384% from 1Q 2021). Net income: CN¥31.5m (up CN¥29.3m from 1Q 2021). Profit margin: 12% (up from 4.0% in 1Q 2021). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 5.0%. Earnings per share (EPS) exceeded analyst estimates by 23%. Over the next year, revenue is forecast to grow 35%, compared to a 13% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has fallen by 52% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings.Major Estimate Revision • Apr 27Consensus EPS estimates fall by 15%The consensus outlook for earnings per share (EPS) in 2022 has deteriorated. 2022 revenue forecast decreased from CN¥2.18b to CN¥2.05b. EPS estimate also fell from CN¥0.20 per share to CN¥0.17 per share. Net income forecast to grow 43% next year vs 46% growth forecast for Auto industry in China. Consensus price target down from CN¥19.57 to CN¥12.60. Share price fell 20% to CN¥9.29 over the past week.Reported Earnings • Apr 16Full year 2021 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2021 results: EPS: CN¥0.16 (up from CN¥0.10 in FY 2020). Revenue: CN¥1.66b (up 311% from FY 2020). Net income: CN¥139.0m (up 73% from FY 2020). Profit margin: 8.4% (down from 20% in FY 2020). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 5.0%. Earnings per share (EPS) exceeded analyst estimates by 23%. Over the next year, revenue is forecast to grow 31%, compared to a 28% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has fallen by 51% per year but the company’s share price has increased by 16% per year, which means it is well ahead of earnings.Reported Earnings • Oct 28Third quarter 2021 earnings releasedThe company reported a solid third quarter result with improved earnings and revenues, although profit margins were weaker. Third quarter 2021 results: Revenue: CN¥352.7m (up 378% from 3Q 2020). Net income: CN¥17.7m (up 54% from 3Q 2020). Profit margin: 5.0% (down from 16% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 57% per year but the company’s share price has increased by 57% per year, which means it is well ahead of earnings.Reported Earnings • Aug 27Second quarter 2021 earnings released: EPS CN¥0.035 (vs CN¥0.005 in 2Q 2020)The company reported a solid second quarter result with improved earnings and revenues, although profit margins were weaker. Second quarter 2021 results: Revenue: CN¥584.0m (up CN¥519.7m from 2Q 2020). Net income: CN¥29.2m (up CN¥25.1m from 2Q 2020). Profit margin: 5.0% (down from 6.4% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 51% per year but the company’s share price has increased by 40% per year, which means it is well ahead of earnings.お知らせ • Jun 18CETC Energy Joint-Stock Co., Ltd. announced that it expects to receive CNY 899.99999 million in funding from CETC Chongqing Acoustic-Optic-Electronic Co., Ltd., CETC Investment Holdings Co.,Ltd.CETC Energy Joint-Stock Co., Ltd. (SHSE:600877) announced a private placement of not more than 187,110,185 shares at a price of CNY 4.81 per share for gross proceeds of not more than CNY 900 million on June 16, 2021. The transaction included participation from CETC Technology R&D Investment Co., Ltd. for 103,950, 103 shares, returning investors CETC Chongqing Acoustic-Optic-Electronic Co., Ltd. for 41,580,041 shares, CETC Investment Holdings Co.,Ltd. for 41,580,041 shares. The securities will have a lock up period of 36 months from the issuance date. The transaction was approved at the 11th meeting of the 11th board of directors and 2nd meeting of the 12th board of directors of the company, China Securities Regulatory Commission approved the formal plan of this transaction.お知らせ • Jun 01+ 1 more updateCETC Energy to Buy Stakes in Three Firms for A Combined 947.9 Mln Yuan Via ShareIssueCETC Energy Joint-Stock Co., Ltd. (SHSE:600877) said to buy stakes in three firms for a combined CNY 947.9 million ($148.75 million) via share issue. CETC Energy said it aims to raise up to CNY 900 million in share private placement to fund projects, boost capital.Reported Earnings • Apr 25Full year 2020 earnings released: EPS CN¥0.10 (vs CN¥0.12 in FY 2019)The company reported a solid full year result with improved earnings and revenues, although profit margins were weaker. Full year 2020 results: Revenue: CN¥402.3m (up 15% from FY 2019). Net income: CN¥80.5m (up 1.0% from FY 2019). Profit margin: 20% (down from 23% in FY 2019). The decrease in margin was driven by higher expenses.Is New 90 Day High Low • Jan 27New 90-day high: CN¥13.48The company is up 124% from its price of CN¥6.02 on 29 October 2020. The Chinese market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Auto industry, which is up 9.0% over the same period.Valuation Update With 7 Day Price Move • Jan 19Investor sentiment improved over the past weekAfter last week's 16% share price gain to CN¥11.62, the stock is trading at a trailing P/E ratio of 71.9x, up from the previous P/E ratio of 62.2x. This compares to an average P/E of 57x in the Auto industry in China. Total returns to shareholders over the past year are 74%.Valuation Update With 7 Day Price Move • Jan 07Investor sentiment improved over the past weekAfter last week's 19% share price gain to CN¥10.26, the stock is trading at a trailing P/E ratio of 63.5x, up from the previous P/E ratio of 53.3x. This compares to an average P/E of 56x in the Auto industry in China. Total returns to shareholders over the past year are 60%.Is New 90 Day High Low • Jan 06New 90-day high: CN¥9.78The company is up 71% from its price of CN¥5.72 on 30 September 2020. The Chinese market is up 11% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Auto industry, which is up 26% over the same period.Valuation Update With 7 Day Price Move • Dec 16Investor sentiment improved over the past weekAfter last week's 16% share price gain to CN¥6.85, the stock is trading at a trailing P/E ratio of 42.4x, up from the previous P/E ratio of 36.6x. This compares to an average P/E of 46x in the Auto industry in China. Total returns to shareholders over the past year are 30%.Is New 90 Day High Low • Dec 14New 90-day high: CN¥6.21The company is up 1.0% from its price of CN¥6.17 on 15 September 2020. The Chinese market is also up 1.0% over the last 90 days, indicating the company’s price trend is similar to the market over that time. However, it underperformed the Auto industry, which is up 24% over the same period.お知らせ • Dec 13CETC Energy Joint-Stock Plans Acquisition Via Share IssueCETC Energy Joint-Stock Co., Ltd. (SHSE:600877) said it plans to buy stakes in three firms via share issue, transaction price to be confirmed.Reported Earnings • Oct 30Third quarter earnings releasedOver the last 12 months the company has reported total profits of CN¥115.6m, up 336% from the prior year. Total revenue was CN¥445.8m over the last 12 months, up 86% from the prior year.お知らせ • Oct 27CETC Energy Joint-Stock Co., Ltd. to Report Q3, 2020 Results on Oct 30, 2020CETC Energy Joint-Stock Co., Ltd. announced that they will report Q3, 2020 results on Oct 30, 2020お知らせ • Jul 06CETC Energy Joint-Stock Co., Ltd. to Report First Half, 2020 Results on Aug 15, 2020CETC Energy Joint-Stock Co., Ltd. announced that they will report first half, 2020 results on Aug 15, 2020株主還元600877CN SemiconductorCN 市場7D-0.06%4.9%-0.04%1Y37.1%110.7%34.9%株主還元を見る業界別リターン: 600877過去 1 年間で110.7 % の収益を上げたCN Semiconductor業界を下回りました。リターン対市場: 600877過去 1 年間で34.9 % の収益を上げたCN市場を上回りました。価格変動Is 600877's price volatile compared to industry and market?600877 volatility600877 Average Weekly Movement5.7%Semiconductor Industry Average Movement8.2%Market Average Movement6.4%10% most volatile stocks in CN Market10.1%10% least volatile stocks in CN Market4.2%安定した株価: 600877 、 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: 600877の 週次ボラティリティ ( 6% ) 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1875721Yu Mawww.chiptechinc.com.cnCETC Chips Technology Inc.は、シリコンベースのアナログ半導体チップおよび関連アプリケーション製品の設計、研究開発、製造、試験、販売を中華人民共和国および国際的に行っている。同社の製品ポートフォリオには、モノのインターネット（IoT）分野における無線周波数アンプおよびスイッチ、デジタル制御減衰器、周波数シンセサイザー、無線周波数トランシーバーおよびその他の無線通信製品、衛星ナビゲーション製品、近距離通信製品、グリーンエネルギー分野での応用に向けた太陽光発電バイパススイッチ回路および電源管理シリーズ製品、セキュリティ電子機器に使用されるセキュリティ監視モータードライブチップ、環境監視回路製品、コピー防止RFIDタグおよびシステム、その他の製品が含まれる。また、カーエレクトロニクス分野では、衛星航法SoCチップ、BMSチップ、ハイサイド・ローサイドエレクトロニクススイッチ、ハーフブリッジドライブ、LEDドライブなどの製品、スマートホーム分野では、モータードライブシリーズチップ、電子スイッチシリーズチップ、インテリジェント電子制御シリーズチップなどの製品、スマートターミナル分野では、スマート電源、スマートウェア、スマートスピーカーの製品設計を提供している。前身はCETC Acoustic-Optic-Electronic Technology Inc.で、2022年10月にCETC Chips Technology Inc.に社名変更した。CETC Chips Technology Inc.は1875年に設立され、中華人民共和国重慶市に本社を置いている。もっと見るCETC Chips Technology Inc. 基礎のまとめCETC Chips Technology の収益と売上を時価総額と比較するとどうか。600877 基礎統計学時価総額CN¥19.22b収益（TTM）CN¥29.86m売上高(TTM)CN¥981.38m643.6xPER（株価収益率19.6xP/Sレシオ600877 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600877 損益計算書（TTM）収益CN¥981.38m売上原価CN¥670.30m売上総利益CN¥311.08mその他の費用CN¥281.22m収益CN¥29.86m直近の収益報告Mar 31, 2026次回決算日該当なし一株当たり利益（EPS）0.025グロス・マージン31.70%純利益率3.04%有利子負債／自己資本比率0%600877 の長期的なパフォーマンスは？過去の実績と比較を見る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2026/05/22 05:30終値2026/05/22 00:00収益2026/03/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋CETC Chips Technology Inc. 0 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。3 アナリスト機関Hongda ZhengHaitong International Research LimitedDe Yu PuHaitong International Research LimitedXiaofei ZhangHaitong International Research Limited
Reported Earnings • Apr 29Full year 2025 earnings released: EPS: CN¥0.04 (vs CN¥0.06 in FY 2024)Full year 2025 results: EPS: CN¥0.04 (down from CN¥0.06 in FY 2024). Revenue: CN¥1.02b (down 2.2% from FY 2024). Net income: CN¥43.5m (down 37% from FY 2024). Profit margin: 4.3% (down from 6.6% in FY 2024). Over the last 3 years on average, earnings per share has fallen by 50% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings.
お知らせ • Apr 29CETC Chips Technology Inc., Annual General Meeting, May 20, 2026CETC Chips Technology Inc., Annual General Meeting, May 20, 2026, at 14:00 China Standard Time. Location: No. 23, Xiyong Avenue, Shapingba District, Chongqing China
お知らせ • Mar 30CETC Chips Technology Inc. to Report Q1, 2026 Results on Apr 29, 2026CETC Chips Technology Inc. announced that they will report Q1, 2026 results on Apr 29, 2026
New Risk • Dec 30New 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 7.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 7.0% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (7.0% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (2.0% net profit margin).
お知らせ • Dec 26CETC Chips Technology Inc. to Report Fiscal Year 2025 Results on Apr 29, 2026CETC Chips Technology Inc. announced that they will report fiscal year 2025 results on Apr 29, 2026
Board Change • Dec 11Less than half of directors are independentFollowing the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent Director Tengjiang Deng was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • Apr 29Full year 2025 earnings released: EPS: CN¥0.04 (vs CN¥0.06 in FY 2024)Full year 2025 results: EPS: CN¥0.04 (down from CN¥0.06 in FY 2024). Revenue: CN¥1.02b (down 2.2% from FY 2024). Net income: CN¥43.5m (down 37% from FY 2024). Profit margin: 4.3% (down from 6.6% in FY 2024). Over the last 3 years on average, earnings per share has fallen by 50% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings.
お知らせ • Apr 29CETC Chips Technology Inc., Annual General Meeting, May 20, 2026CETC Chips Technology Inc., Annual General Meeting, May 20, 2026, at 14:00 China Standard Time. Location: No. 23, Xiyong Avenue, Shapingba District, Chongqing China
お知らせ • Mar 30CETC Chips Technology Inc. to Report Q1, 2026 Results on Apr 29, 2026CETC Chips Technology Inc. announced that they will report Q1, 2026 results on Apr 29, 2026
New Risk • Dec 30New 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 7.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 7.0% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (7.0% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (2.0% net profit margin).
お知らせ • Dec 26CETC Chips Technology Inc. to Report Fiscal Year 2025 Results on Apr 29, 2026CETC Chips Technology Inc. announced that they will report fiscal year 2025 results on Apr 29, 2026
Board Change • Dec 11Less than half of directors are independentFollowing the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent Director Tengjiang Deng was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • Oct 31Third quarter 2025 earnings released: EPS: CN¥0.001 (vs CN¥0.017 in 3Q 2024)Third quarter 2025 results: EPS: CN¥0.001 (down from CN¥0.017 in 3Q 2024). Revenue: CN¥196.2m (down 17% from 3Q 2024). Net income: CN¥1.51m (down 93% from 3Q 2024). Profit margin: 0.8% (down from 8.7% in 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 42% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings.
お知らせ • Sep 30CETC Chips Technology Inc. to Report Q3, 2025 Results on Oct 31, 2025CETC Chips Technology Inc. announced that they will report Q3, 2025 results on Oct 31, 2025
New Risk • Sep 03New major risk - Revenue and earnings growthEarnings have declined by 0.6% 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 0.6% per year over the past 5 years. Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (3.9% net profit margin).
お知らせ • Jun 30CETC Chips Technology Inc. to Report First Half, 2025 Results on Aug 22, 2025CETC Chips Technology Inc. announced that they will report first half, 2025 results on Aug 22, 2025
New Risk • May 03New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 217% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (5.9% net profit margin).
Reported Earnings • Apr 28Third quarter 2024 earnings released: EPS: CN¥0.017 (vs CN¥0.041 in 3Q 2023)Third quarter 2024 results: EPS: CN¥0.017 (down from CN¥0.041 in 3Q 2023). Revenue: CN¥236.5m (down 16% from 3Q 2023). Net income: CN¥20.6m (down 58% from 3Q 2023). Profit margin: 8.7% (down from 17% in 3Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 5% per year whereas the company’s share price has increased by 9% per year.
お知らせ • Apr 25CETC Chips Technology Inc., Annual General Meeting, May 21, 2025CETC Chips Technology Inc., Annual General Meeting, May 21, 2025, at 14:00 China Standard Time. Location: No. 23, Xiyong Avenue, Shapingba District, Chongqing China
お知らせ • Mar 28CETC Chips Technology Inc. to Report Q1, 2025 Results on Apr 25, 2025CETC Chips Technology Inc. announced that they will report Q1, 2025 results on Apr 25, 2025
分析記事 • Feb 28Capital Allocation Trends At CETC Chips Technology (SHSE:600877) Aren't IdealWhat trends should we look for it we want to identify stocks that can multiply in value over the long term? In a...
分析記事 • Feb 06CETC Chips Technology Inc.'s (SHSE:600877) Shareholders Might Be Looking For ExitYou may think that with a price-to-sales (or "P/S") ratio of 10.9x CETC Chips Technology Inc. ( SHSE:600877 ) is a...
お知らせ • Dec 27CETC Chips Technology Inc. to Report Fiscal Year 2024 Results on Apr 25, 2025CETC Chips Technology Inc. announced that they will report fiscal year 2024 results on Apr 25, 2025
Reported Earnings • Oct 29Third quarter 2024 earnings released: EPS: CN¥0.017 (vs CN¥0.041 in 3Q 2023)Third quarter 2024 results: EPS: CN¥0.017 (down from CN¥0.041 in 3Q 2023). Revenue: CN¥236.5m (down 16% from 3Q 2023). Net income: CN¥20.6m (down 58% from 3Q 2023). Profit margin: 8.7% (down from 17% in 3Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.
分析記事 • Oct 27Does CETC Chips Technology (SHSE:600877) Deserve A Spot On Your Watchlist?It's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story...
分析記事 • Oct 08Earnings Not Telling The Story For CETC Chips Technology Inc. (SHSE:600877) After Shares Rise 46%CETC Chips Technology Inc. ( SHSE:600877 ) shareholders have had their patience rewarded with a 46% share price jump in...
Valuation Update With 7 Day Price Move • Sep 30Investor sentiment improves as stock rises 20%After last week's 20% share price gain to CN¥13.16, the stock trades at a trailing P/E ratio of 71.3x. Average trailing P/E is 50x in the Semiconductor industry in China. Total loss to shareholders of 13% over the past three years.
お知らせ • Sep 30CETC Chips Technology Inc. to Report Q3, 2024 Results on Oct 29, 2024CETC Chips Technology Inc. announced that they will report Q3, 2024 results on Oct 29, 2024
分析記事 • Aug 15Returns On Capital At CETC Chips Technology (SHSE:600877) Paint A Concerning PictureThere are a few key trends to look for if we want to identify the next multi-bagger. Typically, we'll want to notice a...
お知らせ • Jun 28CETC Chips Technology Inc. to Report First Half, 2024 Results on Aug 10, 2024CETC Chips Technology Inc. announced that they will report first half, 2024 results on Aug 10, 2024
New Risk • May 06New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 21% 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. This is currently the only risk that has been identified for the company.
分析記事 • May 02CETC Chips Technology's (SHSE:600877) Profits Appear To Have Quality IssuesThe market for CETC Chips Technology Inc.'s ( SHSE:600877 ) stock was strong after it released a healthy earnings...
New Risk • Apr 27New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 21% 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. This is currently the only risk that has been identified for the company.
お知らせ • Apr 27CETC Chips Technology Inc., Annual General Meeting, May 27, 2024CETC Chips Technology Inc., Annual General Meeting, May 27, 2024, at 13:30 China Standard Time. Location: No. 23, Xiyong Avenue, Shapingba District, Chongqing China
Reported Earnings • Apr 26Full year 2023 earnings released: EPS: CN¥0.20 (vs CN¥0.19 in FY 2022)Full year 2023 results: EPS: CN¥0.20 (up from CN¥0.19 in FY 2022). Revenue: CN¥1.52b (down 2.6% from FY 2022). Net income: CN¥234.0m (up 4.9% from FY 2022). Profit margin: 15% (up from 14% in FY 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings.
お知らせ • Mar 29CETC Chips Technology Inc. to Report Q1, 2024 Results on Apr 26, 2024CETC Chips Technology Inc. announced that they will report Q1, 2024 results on Apr 26, 2024
分析記事 • Mar 04Subdued Growth No Barrier To CETC Chips Technology Inc. (SHSE:600877) With Shares Advancing 27%CETC Chips Technology Inc. ( SHSE:600877 ) shareholders are no doubt pleased to see that the share price has bounced...
Valuation Update With 7 Day Price Move • Feb 02Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to CN¥9.99, the stock trades at a trailing P/E ratio of 57.3x. Average trailing P/E is 48x in the Semiconductor industry in China. Total loss to shareholders of 16% over the past three years.
お知らせ • Dec 30CETC Acoustic-Optic-Electronic Technology Inc. to Report Fiscal Year 2023 Results on Apr 17, 2024CETC Acoustic-Optic-Electronic Technology Inc. announced that they will report fiscal year 2023 results on Apr 17, 2024
New Risk • Nov 02New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 34% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (7.0% average weekly change). Large one-off items impacting financial results.
Reported Earnings • Oct 29Third quarter 2023 earnings released: EPS: CN¥0.041 (vs CN¥0.035 in 3Q 2022)Third quarter 2023 results: EPS: CN¥0.041 (up from CN¥0.035 in 3Q 2022). Revenue: CN¥279.7m (down 17% from 3Q 2022). Net income: CN¥48.8m (up 17% from 3Q 2022). Profit margin: 17% (up from 12% in 3Q 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has increased by 36% per year, which means it is tracking significantly ahead of earnings growth.
New Risk • Oct 07New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 6.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (6.0% average weekly change). Large one-off items impacting financial results.
New Risk • Aug 24New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 24% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. This is currently the only risk that has been identified for the company.
Reported Earnings • Aug 18Second quarter 2023 earnings released: EPS: CN¥0.03 (vs CN¥0.039 in 2Q 2022)Second quarter 2023 results: EPS: CN¥0.03 (down from CN¥0.039 in 2Q 2022). Revenue: CN¥350.0m (down 17% from 2Q 2022). Net income: CN¥35.6m (down 23% from 2Q 2022). Profit margin: 10% (in line with 2Q 2022). Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has increased by 26% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Jun 28CETC Acoustic-Optic-Electronic Technology Inc. to Report First Half, 2023 Results on Aug 18, 2023CETC Acoustic-Optic-Electronic Technology Inc. announced that they will report first half, 2023 results on Aug 18, 2023
Board Change • Nov 16Less than half of directors are independentThere are 4 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 4 new directors. No experienced directors. No highly experienced directors. 1 independent director (2 non-independent directors). Chairman of the Supervisory Board Bin Xu is the most experienced director on the board, commencing their role in 2021. Independent Director Xing Liu was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of experienced directors.
Reported Earnings • Oct 28Third quarter 2022 earnings releasedThird quarter 2022 results: EPS: CN¥0.035. Revenue: CN¥338.1m (down 4.1% from 3Q 2021). Net income: CN¥41.9m (up 137% from 3Q 2021). Profit margin: 12% (up from 5.0% in 3Q 2021). The increase in margin was driven by lower expenses. Revenue is forecast to grow 28% p.a. on average during the next 2 years, compared to a 21% growth forecast for the Auto industry in China. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has increased by 34% per year, which means it is tracking significantly ahead of earnings growth.
Reported Earnings • Aug 18Second quarter 2022 earnings released: EPS: CN¥0.039 (vs CN¥0.035 in 2Q 2021)Second quarter 2022 results: EPS: CN¥0.039 (up from CN¥0.035 in 2Q 2021). Revenue: CN¥419.6m (down 28% from 2Q 2021). Net income: CN¥46.0m (up 58% from 2Q 2021). Profit margin: 11% (up from 5.0% in 2Q 2021). The increase in margin was driven by lower expenses. Over the next year, revenue is forecast to grow 56%, compared to a 20% growth forecast for the Auto industry in China. Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has increased by 33% per year, which means it is well ahead of earnings.
Reported Earnings • Apr 28First quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behindFirst quarter 2022 results: EPS: CN¥0.027 (up from CN¥0.003 in 1Q 2021). Revenue: CN¥274.8m (up 384% from 1Q 2021). Net income: CN¥31.5m (up CN¥29.3m from 1Q 2021). Profit margin: 12% (up from 4.0% in 1Q 2021). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 5.0%. Earnings per share (EPS) exceeded analyst estimates by 23%. Over the next year, revenue is forecast to grow 35%, compared to a 13% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has fallen by 52% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings.
Major Estimate Revision • Apr 27Consensus EPS estimates fall by 15%The consensus outlook for earnings per share (EPS) in 2022 has deteriorated. 2022 revenue forecast decreased from CN¥2.18b to CN¥2.05b. EPS estimate also fell from CN¥0.20 per share to CN¥0.17 per share. Net income forecast to grow 43% next year vs 46% growth forecast for Auto industry in China. Consensus price target down from CN¥19.57 to CN¥12.60. Share price fell 20% to CN¥9.29 over the past week.
Reported Earnings • Apr 16Full year 2021 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2021 results: EPS: CN¥0.16 (up from CN¥0.10 in FY 2020). Revenue: CN¥1.66b (up 311% from FY 2020). Net income: CN¥139.0m (up 73% from FY 2020). Profit margin: 8.4% (down from 20% in FY 2020). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 5.0%. Earnings per share (EPS) exceeded analyst estimates by 23%. Over the next year, revenue is forecast to grow 31%, compared to a 28% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has fallen by 51% per year but the company’s share price has increased by 16% per year, which means it is well ahead of earnings.
Reported Earnings • Oct 28Third quarter 2021 earnings releasedThe company reported a solid third quarter result with improved earnings and revenues, although profit margins were weaker. Third quarter 2021 results: Revenue: CN¥352.7m (up 378% from 3Q 2020). Net income: CN¥17.7m (up 54% from 3Q 2020). Profit margin: 5.0% (down from 16% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 57% per year but the company’s share price has increased by 57% per year, which means it is well ahead of earnings.
Reported Earnings • Aug 27Second quarter 2021 earnings released: EPS CN¥0.035 (vs CN¥0.005 in 2Q 2020)The company reported a solid second quarter result with improved earnings and revenues, although profit margins were weaker. Second quarter 2021 results: Revenue: CN¥584.0m (up CN¥519.7m from 2Q 2020). Net income: CN¥29.2m (up CN¥25.1m from 2Q 2020). Profit margin: 5.0% (down from 6.4% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 51% per year but the company’s share price has increased by 40% per year, which means it is well ahead of earnings.
お知らせ • Jun 18CETC Energy Joint-Stock Co., Ltd. announced that it expects to receive CNY 899.99999 million in funding from CETC Chongqing Acoustic-Optic-Electronic Co., Ltd., CETC Investment Holdings Co.,Ltd.CETC Energy Joint-Stock Co., Ltd. (SHSE:600877) announced a private placement of not more than 187,110,185 shares at a price of CNY 4.81 per share for gross proceeds of not more than CNY 900 million on June 16, 2021. The transaction included participation from CETC Technology R&D Investment Co., Ltd. for 103,950, 103 shares, returning investors CETC Chongqing Acoustic-Optic-Electronic Co., Ltd. for 41,580,041 shares, CETC Investment Holdings Co.,Ltd. for 41,580,041 shares. The securities will have a lock up period of 36 months from the issuance date. The transaction was approved at the 11th meeting of the 11th board of directors and 2nd meeting of the 12th board of directors of the company, China Securities Regulatory Commission approved the formal plan of this transaction.
お知らせ • Jun 01+ 1 more updateCETC Energy to Buy Stakes in Three Firms for A Combined 947.9 Mln Yuan Via ShareIssueCETC Energy Joint-Stock Co., Ltd. (SHSE:600877) said to buy stakes in three firms for a combined CNY 947.9 million ($148.75 million) via share issue. CETC Energy said it aims to raise up to CNY 900 million in share private placement to fund projects, boost capital.
Reported Earnings • Apr 25Full year 2020 earnings released: EPS CN¥0.10 (vs CN¥0.12 in FY 2019)The company reported a solid full year result with improved earnings and revenues, although profit margins were weaker. Full year 2020 results: Revenue: CN¥402.3m (up 15% from FY 2019). Net income: CN¥80.5m (up 1.0% from FY 2019). Profit margin: 20% (down from 23% in FY 2019). The decrease in margin was driven by higher expenses.
Is New 90 Day High Low • Jan 27New 90-day high: CN¥13.48The company is up 124% from its price of CN¥6.02 on 29 October 2020. The Chinese market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Auto industry, which is up 9.0% over the same period.
Valuation Update With 7 Day Price Move • Jan 19Investor sentiment improved over the past weekAfter last week's 16% share price gain to CN¥11.62, the stock is trading at a trailing P/E ratio of 71.9x, up from the previous P/E ratio of 62.2x. This compares to an average P/E of 57x in the Auto industry in China. Total returns to shareholders over the past year are 74%.
Valuation Update With 7 Day Price Move • Jan 07Investor sentiment improved over the past weekAfter last week's 19% share price gain to CN¥10.26, the stock is trading at a trailing P/E ratio of 63.5x, up from the previous P/E ratio of 53.3x. This compares to an average P/E of 56x in the Auto industry in China. Total returns to shareholders over the past year are 60%.
Is New 90 Day High Low • Jan 06New 90-day high: CN¥9.78The company is up 71% from its price of CN¥5.72 on 30 September 2020. The Chinese market is up 11% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Auto industry, which is up 26% over the same period.
Valuation Update With 7 Day Price Move • Dec 16Investor sentiment improved over the past weekAfter last week's 16% share price gain to CN¥6.85, the stock is trading at a trailing P/E ratio of 42.4x, up from the previous P/E ratio of 36.6x. This compares to an average P/E of 46x in the Auto industry in China. Total returns to shareholders over the past year are 30%.
Is New 90 Day High Low • Dec 14New 90-day high: CN¥6.21The company is up 1.0% from its price of CN¥6.17 on 15 September 2020. The Chinese market is also up 1.0% over the last 90 days, indicating the company’s price trend is similar to the market over that time. However, it underperformed the Auto industry, which is up 24% over the same period.
お知らせ • Dec 13CETC Energy Joint-Stock Plans Acquisition Via Share IssueCETC Energy Joint-Stock Co., Ltd. (SHSE:600877) said it plans to buy stakes in three firms via share issue, transaction price to be confirmed.
Reported Earnings • Oct 30Third quarter earnings releasedOver the last 12 months the company has reported total profits of CN¥115.6m, up 336% from the prior year. Total revenue was CN¥445.8m over the last 12 months, up 86% from the prior year.
お知らせ • Oct 27CETC Energy Joint-Stock Co., Ltd. to Report Q3, 2020 Results on Oct 30, 2020CETC Energy Joint-Stock Co., Ltd. announced that they will report Q3, 2020 results on Oct 30, 2020
お知らせ • Jul 06CETC Energy Joint-Stock Co., Ltd. to Report First Half, 2020 Results on Aug 15, 2020CETC Energy Joint-Stock Co., Ltd. announced that they will report first half, 2020 results on Aug 15, 2020
