View ValuationZerun 将来の成長Future 基準チェック /06現在、 Zerunの成長と収益を予測するのに十分なアナリストの調査がありません。主要情報n/a収益成長率n/aEPS成長率Semiconductor 収益成長41.4%収益成長率n/a将来の株主資本利益率n/aアナリストカバレッジNone最終更新日n/a今後の成長に関する最新情報更新なしすべての更新を表示Recent updatesNew Risk • Jul 07New major risk - Dividend sustainabilityThe dividend is not well covered by earnings and cash flows. Dividend per share is over 52x earnings per share. The company is paying a dividend despite having no free cash flows. Dividend yield: 1.3% 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. Dividend per share is over 52x earnings per share. Paying a dividend despite having no free cash flows. Earnings have declined by 3.3% per year over the past 5 years. High level of non-cash earnings (33% accrual ratio). Minor Risk Profit margins are more than 30% lower than last year (0.07% net profit margin).お知らせ • Jun 30Zerun Co., Ltd to Report First Half, 2026 Results on Aug 27, 2026Zerun Co., Ltd announced that they will report first half, 2026 results on Aug 27, 2026New Risk • May 09New major risk - Revenue and earnings growthEarnings have declined by 3.3% 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 Earnings have declined by 3.3% per year over the past 5 years. High level of non-cash earnings (33% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (8.0% average weekly change). Profit margins are more than 30% lower than last year (0.07% net profit margin).お知らせ • Apr 29Zerun Co., Ltd, Annual General Meeting, May 19, 2026Zerun Co., Ltd, Annual General Meeting, May 19, 2026, at 14:30 China Standard Time. Location: The Company's Meeting Room, Jintan, Changzhou, Jiangsu ChinaValuation Update With 7 Day Price Move • Apr 16Investor sentiment improves as stock rises 17%After last week's 17% share price gain to CN¥77.37, the stock trades at a trailing P/E ratio of 58.3x. Average trailing P/E is 87x in the Semiconductor industry in China.お知らせ • Mar 31Zerun Co., Ltd to Report Q1, 2026 Results on Apr 27, 2026Zerun Co., Ltd announced that they will report Q1, 2026 results on Apr 27, 2026Valuation Update With 7 Day Price Move • Mar 06Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to CN¥79.36, the stock trades at a trailing P/E ratio of 59.8x. Average trailing P/E is 92x in the Semiconductor industry in China.Valuation Update With 7 Day Price Move • Feb 10Investor sentiment improves as stock rises 40%After last week's 40% share price gain to CN¥105, the stock trades at a trailing P/E ratio of 78.8x. Average trailing P/E is 98x in the Semiconductor industry in China.New Risk • Jan 26New 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 7.6% 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 High level of non-cash earnings (58% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (7.6% average weekly change). Profit margins are more than 30% lower than last year (9.8% net profit margin).Valuation Update With 7 Day Price Move • Jan 23Investor sentiment improves as stock rises 17%After last week's 17% share price gain to CN¥59.96, the stock trades at a trailing P/E ratio of 45.2x. Average trailing P/E is 97x in the Semiconductor industry in China.お知らせ • Dec 31Zerun Co., Ltd to Report Fiscal Year 2025 Results on Apr 27, 2026Zerun Co., Ltd announced that they will report fiscal year 2025 results on Apr 27, 2026Reported Earnings • Oct 23Third quarter 2025 earnings released: CN¥0.06 loss per share (vs CN¥0.58 profit in 3Q 2024)Third quarter 2025 results: CN¥0.06 loss per share (down from CN¥0.58 profit in 3Q 2024). Revenue: CN¥184.6m (down 19% from 3Q 2024). Net loss: CN¥3.86m (down 114% from profit in 3Q 2024).お知らせ • Sep 30Zerun Co., Ltd to Report Q3, 2025 Results on Oct 23, 2025Zerun Co., Ltd announced that they will report Q3, 2025 results on Oct 23, 2025New Risk • Sep 11New minor risk - Dividend sustainabilityThe dividend is not well covered by cash flows. The company is paying a dividend despite having no free cash flows. Dividend yield: 1.8% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. 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 Risk High level of non-cash earnings (50% accrual ratio). Minor Risk Paying a dividend despite having no free cash flows.Board Change • May 16High number of new and inexperienced directorsThere are 6 new directors who have joined the board in the last 3 years. The company's board is composed of: 6 new directors. 1 experienced director. No highly experienced directors. Employee Representatives Supervisor Fan Zhang is the most experienced director on the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. このセクションでは通常、投資家が会社の利益創出能力を理解する一助となるよう、プロのアナリストのコンセンサス予想に基づく収益と利益の成長予測を提示する。しかし、Zerun は十分な過去のデータを提供しておらず、アナリストの予測もないため、過去のデータを外挿したり、アナリストの予測を使用しても、その将来の収益を確実に算出することはできません。 シンプリー・ウォール・ストリートがカバーする企業の97%は過去の財務データを持っているため、これはかなり稀な状況です。 業績と収益の成長予測SZSE:301636 - アナリストの将来予測と過去の財務データ ( )CNY Millions日付収益収益フリー・キャッシュフロー営業活動によるキャッシュ平均アナリスト数3/31/20267911-171-119N/A12/31/202583033-139-100N/A9/30/202586485-179-153N/A6/30/2025905113-93-61N/A3/31/2025906136-2911N/A12/31/2024876131-375N/A9/30/202486012558101N/A6/30/202485012798133N/A3/31/202482311577114N/A12/31/2023844120137181N/A12/31/202252286130N/A12/31/2021297381526N/A12/31/20201497-214N/Aもっと見るアナリストによる今後の成長予測収入対貯蓄率: 301636の予測収益成長が 貯蓄率 ( 2.4% ) を上回っているかどうかを判断するにはデータが不十分です。収益対市場: 301636の収益がCN市場よりも速く成長すると予測されるかどうかを判断するにはデータが不十分です高成長収益: 301636の収益が今後 3 年間で 大幅に 増加すると予想されるかどうかを判断するにはデータが不十分です。収益対市場: 301636の収益がCN市場よりも速く成長すると予測されるかどうかを判断するにはデータが不十分です。高い収益成長: 301636の収益が年間20%よりも速く成長すると予測されるかどうかを判断するにはデータが不十分です。一株当たり利益成長率予想将来の株主資本利益率将来のROE: 301636の 自己資本利益率 が 3 年後に高くなると予測されるかどうかを判断するにはデータが不十分です成長企業の発掘7D1Y7D1Y7D1YSemiconductors 業界の高成長企業。View Past Performance企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/08/23 21:58終値2026/08/21 00:00収益2026/03/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレークこのレポートを生成するために使用した分析モデルの詳細は、当社のGitHubページでご覧いただけます。また、レポートの活用方法に関するガイドやYouTubeのチュートリアルも用意しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Zerun Co., Ltd 0 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。0
New Risk • Jul 07New major risk - Dividend sustainabilityThe dividend is not well covered by earnings and cash flows. Dividend per share is over 52x earnings per share. The company is paying a dividend despite having no free cash flows. Dividend yield: 1.3% 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. Dividend per share is over 52x earnings per share. Paying a dividend despite having no free cash flows. Earnings have declined by 3.3% per year over the past 5 years. High level of non-cash earnings (33% accrual ratio). Minor Risk Profit margins are more than 30% lower than last year (0.07% net profit margin).
お知らせ • Jun 30Zerun Co., Ltd to Report First Half, 2026 Results on Aug 27, 2026Zerun Co., Ltd announced that they will report first half, 2026 results on Aug 27, 2026
New Risk • May 09New major risk - Revenue and earnings growthEarnings have declined by 3.3% 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 Earnings have declined by 3.3% per year over the past 5 years. High level of non-cash earnings (33% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (8.0% average weekly change). Profit margins are more than 30% lower than last year (0.07% net profit margin).
お知らせ • Apr 29Zerun Co., Ltd, Annual General Meeting, May 19, 2026Zerun Co., Ltd, Annual General Meeting, May 19, 2026, at 14:30 China Standard Time. Location: The Company's Meeting Room, Jintan, Changzhou, Jiangsu China
Valuation Update With 7 Day Price Move • Apr 16Investor sentiment improves as stock rises 17%After last week's 17% share price gain to CN¥77.37, the stock trades at a trailing P/E ratio of 58.3x. Average trailing P/E is 87x in the Semiconductor industry in China.
お知らせ • Mar 31Zerun Co., Ltd to Report Q1, 2026 Results on Apr 27, 2026Zerun Co., Ltd announced that they will report Q1, 2026 results on Apr 27, 2026
Valuation Update With 7 Day Price Move • Mar 06Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to CN¥79.36, the stock trades at a trailing P/E ratio of 59.8x. Average trailing P/E is 92x in the Semiconductor industry in China.
Valuation Update With 7 Day Price Move • Feb 10Investor sentiment improves as stock rises 40%After last week's 40% share price gain to CN¥105, the stock trades at a trailing P/E ratio of 78.8x. Average trailing P/E is 98x in the Semiconductor industry in China.
New Risk • Jan 26New 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 7.6% 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 High level of non-cash earnings (58% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (7.6% average weekly change). Profit margins are more than 30% lower than last year (9.8% net profit margin).
Valuation Update With 7 Day Price Move • Jan 23Investor sentiment improves as stock rises 17%After last week's 17% share price gain to CN¥59.96, the stock trades at a trailing P/E ratio of 45.2x. Average trailing P/E is 97x in the Semiconductor industry in China.
お知らせ • Dec 31Zerun Co., Ltd to Report Fiscal Year 2025 Results on Apr 27, 2026Zerun Co., Ltd announced that they will report fiscal year 2025 results on Apr 27, 2026
Reported Earnings • Oct 23Third quarter 2025 earnings released: CN¥0.06 loss per share (vs CN¥0.58 profit in 3Q 2024)Third quarter 2025 results: CN¥0.06 loss per share (down from CN¥0.58 profit in 3Q 2024). Revenue: CN¥184.6m (down 19% from 3Q 2024). Net loss: CN¥3.86m (down 114% from profit in 3Q 2024).
お知らせ • Sep 30Zerun Co., Ltd to Report Q3, 2025 Results on Oct 23, 2025Zerun Co., Ltd announced that they will report Q3, 2025 results on Oct 23, 2025
New Risk • Sep 11New minor risk - Dividend sustainabilityThe dividend is not well covered by cash flows. The company is paying a dividend despite having no free cash flows. Dividend yield: 1.8% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. 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 Risk High level of non-cash earnings (50% accrual ratio). Minor Risk Paying a dividend despite having no free cash flows.
Board Change • May 16High number of new and inexperienced directorsThere are 6 new directors who have joined the board in the last 3 years. The company's board is composed of: 6 new directors. 1 experienced director. No highly experienced directors. Employee Representatives Supervisor Fan Zhang is the most experienced director on the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.