View Past PerformanceFocus Lightings Tech バランスシートの健全性財務の健全性 基準チェック /56Focus Lightings Techの総株主資本はCN¥2.9B 、総負債はCN¥710.6Mで、負債比率は24.5%となります。総資産と総負債はそれぞれCN¥5.1BとCN¥2.2Bです。 Focus Lightings Techの EBIT はCN¥148.6Mで、利息カバレッジ比率-4.8です。現金および短期投資はCN¥1.4Bです。主要情報24.52%負債資本比率CN¥710.60m負債インタレスト・カバレッジ・レシオ-4.8x現金CN¥1.39bエクイティCN¥2.90b負債合計CN¥2.22b総資産CN¥5.12b財務の健全性に関する最新情報更新なしすべての更新を表示Recent updatesお知らせ • Mar 31Focus Lightings Tech Co., Ltd. to Report Q1, 2026 Results on Apr 24, 2026Focus Lightings Tech Co., Ltd. announced that they will report Q1, 2026 results on Apr 24, 2026お知らせ • Mar 20Focus Lightings Tech Co., Ltd., Annual General Meeting, Apr 10, 2026Focus Lightings Tech Co., Ltd., Annual General Meeting, Apr 10, 2026, at 14:00 China Standard Time. Location: The Company's Meeting Room, Suzhou, Jiangsu Chinaお知らせ • Dec 31Focus Lightings Tech Co., Ltd. to Report Fiscal Year 2025 Results on Apr 25, 2026Focus Lightings Tech Co., Ltd. announced that they will report fiscal year 2025 results on Apr 25, 2026お知らせ • Sep 30Focus Lightings Tech Co., Ltd. to Report Q3, 2025 Results on Oct 15, 2025Focus Lightings Tech Co., Ltd. announced that they will report Q3, 2025 results on Oct 15, 2025お知らせ • Jul 02Focus Lightings Tech Co., Ltd. to Report First Half, 2025 Results on Jul 22, 2025Focus Lightings Tech Co., Ltd. announced that they will report first half, 2025 results on Jul 22, 2025お知らせ • Mar 31Focus Lightings Tech Co., Ltd. to Report Q1, 2025 Results on Apr 11, 2025Focus Lightings Tech Co., Ltd. announced that they will report Q1, 2025 results on Apr 11, 2025お知らせ • Jan 29Focus Lightings Tech Co., Ltd. Proposes Cash Dividend for the Year 2024Focus Lightings Tech Co., Ltd. announced on 27 January 2025 the profit distribution proposal for 2024 as follows: Cash dividend/10 shares (tax included) of CNY 1.60000000.お知らせ • Jan 27Focus Lightings Tech Co., Ltd., Annual General Meeting, Feb 17, 2025Focus Lightings Tech Co., Ltd., Annual General Meeting, Feb 17, 2025, at 14:00 China Standard Time. Location: The Company's Meeting Room, Suzhou, Jiangsu Chinaお知らせ • Dec 31Focus Lightings Tech Co., Ltd. to Report Fiscal Year 2024 Results on Jan 25, 2025Focus Lightings Tech Co., Ltd. announced that they will report fiscal year 2024 results on Jan 25, 2025Reported Earnings • Oct 11Third quarter 2024 earnings released: EPS: CN¥0.08 (vs CN¥0.08 in 3Q 2023)Third quarter 2024 results: EPS: CN¥0.08 (in line with 3Q 2023). Revenue: CN¥688.6m (up 9.4% from 3Q 2023). Net income: CN¥46.5m (down 11% from 3Q 2023). Profit margin: 6.8% (down from 8.3% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 22% growth forecast for the Semiconductor industry in China. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has fallen by 14% per year, which means it is performing significantly worse than earnings.Valuation Update With 7 Day Price Move • Sep 30Investor sentiment improves as stock rises 29%After last week's 29% share price gain to CN¥10.18, the stock trades at a forward P/E ratio of 37x. Average forward P/E is 29x in the Semiconductor industry in China. Total loss to shareholders of 45% over the past three years.お知らせ • Sep 30Focus Lightings Tech Co., Ltd. to Report Q3, 2024 Results on Oct 11, 2024Focus Lightings Tech Co., Ltd. announced that they will report Q3, 2024 results on Oct 11, 2024Reported Earnings • Jul 31Second quarter 2024 earnings released: EPS: CN¥0.10 (vs CN¥0.13 in 2Q 2023)Second quarter 2024 results: EPS: CN¥0.10. Revenue: CN¥733.4m (up 12% from 2Q 2023). Net income: CN¥65.0m (up 99% from 2Q 2023). Profit margin: 8.9% (up from 5.0% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 22% growth forecast for the Semiconductor industry in China.お知らせ • Jun 29Focus Lightings Tech Co., Ltd. to Report First Half, 2024 Results on Aug 30, 2024Focus Lightings Tech Co., Ltd. announced that they will report first half, 2024 results on Aug 30, 2024Board Change • May 17High number of new and inexperienced directorsThere are 7 new directors who have joined the board in the last 3 years. The company's board is composed of: 7 new directors. 2 experienced directors. 1 highly experienced director. Chairman & GM Huarong Pan is the most experienced director on the board, commencing their role in 2014. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.お知らせ • May 11Focus Lightings Tech Co., Ltd. Approves Directorate AppointmentsFocus Lightings Tech Co., Ltd. at its Extraordinary General Meeting held on 09 May 2024 approved the election of Pan Huarong, Sun Yongjie, Xu Hua and Cao Yufei as non-independent director. The company approved the election of Huang Heshu as independent director. The company approved the election of Wang Junhui as non-employee supervisor.Reported Earnings • Apr 24First quarter 2024 earnings released: EPS: CN¥0.07 (vs CN¥0.01 loss in 1Q 2023)First quarter 2024 results: EPS: CN¥0.07 (up from CN¥0.01 loss in 1Q 2023). Revenue: CN¥600.5m (up 11% from 1Q 2023). Net income: CN¥48.1m (up CN¥55.7m from 1Q 2023). Profit margin: 8.0% (up from net loss in 1Q 2023). Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 22% growth forecast for the Semiconductor industry in China. Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings.お知らせ • Mar 30Focus Lightings Tech Co., Ltd. to Report Q1, 2024 Results on Apr 24, 2024Focus Lightings Tech Co., Ltd. announced that they will report Q1, 2024 results on Apr 24, 2024お知らせ • Feb 22Focus Lightings Tech Co., Ltd. Announces Implementation of Final Cash Dividend of 2023, Payable on 28 February 2024Focus Lightings Tech Co., Ltd. announced 2023 final profit distribution plan to be implemented (A shares): Cash dividend per 10 shares (tax included) of CNY 1.60000000. Record date is 27 February 2024. Ex-date is 28 February 2024. Payment date is 28 February 2024.Valuation Update With 7 Day Price Move • Feb 02Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to CN¥8.46, the stock trades at a forward P/E ratio of 41x. Average forward P/E is 25x in the Semiconductor industry in China. Total loss to shareholders of 19% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥6.30 per share.お知らせ • Jan 30Focus Lightings Tech Co., Ltd. Proposes Dividend for 2023Focus Lightings Tech Co., Ltd. proposed Cash dividend/10 shares (tax included): CNY 1.60000000 for 2023.Reported Earnings • Jan 27Full year 2023 earnings released: EPS: CN¥0.21 (vs CN¥0.12 loss in FY 2022)Full year 2023 results: EPS: CN¥0.21 (up from CN¥0.12 loss in FY 2022). Revenue: CN¥2.48b (up 22% from FY 2022). Net income: CN¥121.2m (up CN¥184.6m from FY 2022). Profit margin: 4.9% (up from net loss in FY 2022). Revenue is forecast to grow 14% p.a. on average during the next 2 years, compared to a 24% growth forecast for the Semiconductor industry in China. Over the last 3 years on average, earnings per share has fallen by 40% 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 • Jan 27Focus Lightings Tech Co., Ltd., Annual General Meeting, Feb 19, 2024Focus Lightings Tech Co., Ltd., Annual General Meeting, Feb 19, 2024, at 14:00 China Standard Time.お知らせ • Dec 29Focus Lightings Tech Co., Ltd. to Report Fiscal Year 2023 Results on Jan 27, 2024Focus Lightings Tech Co., Ltd. announced that they will report fiscal year 2023 results on Jan 27, 2024Reported Earnings • Oct 27Third quarter 2023 earnings released: EPS: CN¥0.08 (vs CN¥0.018 loss in 3Q 2022)Third quarter 2023 results: EPS: CN¥0.08 (up from CN¥0.018 loss in 3Q 2022). Revenue: CN¥629.4m (up 18% from 3Q 2022). Net income: CN¥52.0m (up CN¥65.2m from 3Q 2022). Profit margin: 8.3% (up from net loss in 3Q 2022). Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 25% growth forecast for the Semiconductor industry in China. Over the last 3 years on average, earnings per share has fallen by 46% per year but the company’s share price has only fallen by 12% per year, which means it has not declined as severely as earnings.New Risk • Sep 06New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 23% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. This is currently the only risk that has been identified for the company.Reported Earnings • Jul 20Second quarter 2023 earnings released: EPS: CN¥0.13 (vs CN¥0.031 in 2Q 2022)Second quarter 2023 results: EPS: CN¥0.13 (up from CN¥0.031 in 2Q 2022). Revenue: CN¥655.9m (up 25% from 2Q 2022). Net income: CN¥32.7m (up 80% from 2Q 2022). Profit margin: 5.0% (up from 3.5% in 2Q 2022). Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 24% growth forecast for the Semiconductor industry in China. Over the last 3 years on average, earnings per share has fallen by 29% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings.お知らせ • Jul 01Focus Lightings Tech Co., Ltd. to Report First Half, 2023 Results on Jul 20, 2023Focus Lightings Tech Co., Ltd. announced that they will report first half, 2023 results on Jul 20, 2023Reported Earnings • Apr 28First quarter 2023 earnings released: CN¥0.01 loss per share (vs CN¥0.05 profit in 1Q 2022)First quarter 2023 results: CN¥0.01 loss per share (down from CN¥0.05 profit in 1Q 2022). Revenue: CN¥543.2m (up 13% from 1Q 2022). Net loss: CN¥7.59m (down 131% from profit in 1Q 2022). Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 24% growth forecast for the Semiconductor industry in China. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has increased by 12% per year, which means it is well ahead of earnings.Reported Earnings • Feb 28Full year 2022 earnings released: CN¥0.12 loss per share (vs CN¥0.34 profit in FY 2021)Full year 2022 results: CN¥0.12 loss per share (down from CN¥0.34 profit in FY 2021). Revenue: CN¥2.03b (up 1.0% from FY 2021). Net loss: CN¥63.4m (down 136% from profit in FY 2021). Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.Buying Opportunity • Dec 21Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 8.7%. The fair value is estimated to be CN¥11.94, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 25% over the last 3 years. Earnings per share has grown by 49%. Revenue is forecast to grow by 83% in 2 years. Earnings is forecast to grow by 713% in the next 2 years.Buying Opportunity • Nov 17Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 23%. The fair value is estimated to be CN¥13.27, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 25% over the last 3 years. Earnings per share has grown by 49%. Revenue is forecast to grow by 83% in 2 years. Earnings is forecast to grow by 712% in the next 2 years.Reported Earnings • Oct 27Third quarter 2022 earnings released: CN¥0.018 loss per share (vs CN¥0.10 profit in 3Q 2021)Third quarter 2022 results: CN¥0.018 loss per share (down from CN¥0.10 profit in 3Q 2021). Revenue: CN¥535.6m (up 3.3% from 3Q 2021). Net loss: CN¥13.2m (down 121% from profit in 3Q 2021). Revenue is forecast to grow 27% p.a. on average during the next 3 years, compared to a 26% growth forecast for the Semiconductor industry in China. Over the last 3 years on average, earnings per share has increased by 49% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.Reported Earnings • Aug 31Second quarter 2022 earnings released: EPS: CN¥0.031 (vs CN¥0.11 in 2Q 2021)Second quarter 2022 results: EPS: CN¥0.031 (down from CN¥0.11 in 2Q 2021). Revenue: CN¥524.7m (up 2.5% from 2Q 2021). Net income: CN¥18.2m (down 67% from 2Q 2021). Profit margin: 3.5% (down from 11% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 40%, compared to a 47% growth forecast for the Semiconductor industry in China. Over the last 3 years on average, earnings per share has increased by 58% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth.Reported Earnings • Apr 13First quarter 2022 earnings released: EPS: CN¥2.42 (vs CN¥0.033 in 1Q 2021)First quarter 2022 results: EPS: CN¥2.42 (up from CN¥0.033 in 1Q 2021). Revenue: CN¥94.1b (up CN¥93.7b from 1Q 2021). Net income: CN¥7.93b (up CN¥7.92b from 1Q 2021). Profit margin: 8.4% (up from 3.4% in 1Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is expected to shrink by 90% compared to a 45% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has increased by 144% per year but the company’s share price has only increased by 23% per year, which means it is significantly lagging earnings growth.Reported Earnings • Jan 30Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: CN¥0.34 (up from CN¥0.044 in FY 2020). Revenue: CN¥2.01b (up 43% from FY 2020). Net income: CN¥177.1m (up CN¥155.7m from FY 2020). Profit margin: 8.8% (up from 1.5% in FY 2020). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 26%, compared to a 56% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has increased by 52% per year whereas the company’s share price has increased by 49% per year.Reported Earnings • Oct 16Third quarter 2021 earnings released: EPS CN¥0.10 (vs CN¥0.006 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: CN¥518.3m (up 32% from 3Q 2020). Net income: CN¥63.2m (up CN¥60.4m from 3Q 2020). Profit margin: 12% (up from 0.7% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 65% per year but the company’s share price has only increased by 49% per year, which means it is significantly lagging earnings growth.Reported Earnings • Aug 19Second quarter 2021 earnings released: EPS CN¥0.19 (vs CN¥0.033 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CN¥512.1m (up 47% from 2Q 2020). Net income: CN¥54.7m (up CN¥46.3m from 2Q 2020). Profit margin: 11% (up from 2.4% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has only increased by 24% per year, which means it is significantly lagging earnings growth.Reported Earnings • Apr 29First quarter 2021 earnings released: EPS CN¥0.06 (vs CN¥0.02 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: CN¥449.0m (up 70% from 1Q 2020). Net income: CN¥15.4m (up 194% from 1Q 2020). Profit margin: 3.4% (up from 2.0% in 1Q 2020).Is New 90 Day High Low • Feb 04New 90-day low: CN¥19.91The company is down 46% from its price of CN¥36.62 on 06 November 2020. The Chinese market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Semiconductor industry, which is up 8.0% over the same period.Is New 90 Day High Low • Jan 12New 90-day low: CN¥24.48The company is down 17% from its price of CN¥29.41 on 15 October 2020. The Chinese market is up 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Semiconductor industry, which is up 9.0% over the same period.Is New 90 Day High Low • Dec 28New 90-day low: CN¥25.41The company is down 9.0% from its price of CN¥27.88 on 30 September 2020. The Chinese market is up 6.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Semiconductor industry, which is up 15% over the same period.Reported Earnings • Oct 20Third quarter earnings releasedOver the last 12 months the company has reported total profits of CN¥10.4m, down 91% from the prior year. Total revenue was CN¥1.36b over the last 12 months, up 40% from the prior year.財務状況分析短期負債: 300708の 短期資産 ( CN¥3.0B ) が 短期負債 ( CN¥2.2B ) を超えています。長期負債: 300708の短期資産 ( CN¥3.0B ) が 長期負債 ( CN¥2.6M ) を上回っています。デット・ツー・エクイティの歴史と分析負債レベル: 300708総負債よりも多くの現金を保有しています。負債の削減: 300708の負債対資本比率は、過去 5 年間で127.9%から24.5%に減少しました。債務返済能力: 300708の負債は 営業キャッシュフロー によって 十分にカバーされていません ( 13.4% )。インタレストカバレッジ: 300708支払う利息よりも稼ぐ利息の方が多いので、利息支払い の補償は問題になりません。貸借対照表健全な企業の発掘7D1Y7D1Y7D1YSemiconductors 業界の健全な企業。View Dividend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 18:41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Focus Lightings Tech Co., Ltd. 2 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Feng GaoChina Galaxy Securities Co., Ltd.Tao XuCitic Securities Co., Ltd.Jinsong ZhuHaitong International Research Limited
お知らせ • Mar 31Focus Lightings Tech Co., Ltd. to Report Q1, 2026 Results on Apr 24, 2026Focus Lightings Tech Co., Ltd. announced that they will report Q1, 2026 results on Apr 24, 2026
お知らせ • Mar 20Focus Lightings Tech Co., Ltd., Annual General Meeting, Apr 10, 2026Focus Lightings Tech Co., Ltd., Annual General Meeting, Apr 10, 2026, at 14:00 China Standard Time. Location: The Company's Meeting Room, Suzhou, Jiangsu China
お知らせ • Dec 31Focus Lightings Tech Co., Ltd. to Report Fiscal Year 2025 Results on Apr 25, 2026Focus Lightings Tech Co., Ltd. announced that they will report fiscal year 2025 results on Apr 25, 2026
お知らせ • Sep 30Focus Lightings Tech Co., Ltd. to Report Q3, 2025 Results on Oct 15, 2025Focus Lightings Tech Co., Ltd. announced that they will report Q3, 2025 results on Oct 15, 2025
お知らせ • Jul 02Focus Lightings Tech Co., Ltd. to Report First Half, 2025 Results on Jul 22, 2025Focus Lightings Tech Co., Ltd. announced that they will report first half, 2025 results on Jul 22, 2025
お知らせ • Mar 31Focus Lightings Tech Co., Ltd. to Report Q1, 2025 Results on Apr 11, 2025Focus Lightings Tech Co., Ltd. announced that they will report Q1, 2025 results on Apr 11, 2025
お知らせ • Jan 29Focus Lightings Tech Co., Ltd. Proposes Cash Dividend for the Year 2024Focus Lightings Tech Co., Ltd. announced on 27 January 2025 the profit distribution proposal for 2024 as follows: Cash dividend/10 shares (tax included) of CNY 1.60000000.
お知らせ • Jan 27Focus Lightings Tech Co., Ltd., Annual General Meeting, Feb 17, 2025Focus Lightings Tech Co., Ltd., Annual General Meeting, Feb 17, 2025, at 14:00 China Standard Time. Location: The Company's Meeting Room, Suzhou, Jiangsu China
お知らせ • Dec 31Focus Lightings Tech Co., Ltd. to Report Fiscal Year 2024 Results on Jan 25, 2025Focus Lightings Tech Co., Ltd. announced that they will report fiscal year 2024 results on Jan 25, 2025
Reported Earnings • Oct 11Third quarter 2024 earnings released: EPS: CN¥0.08 (vs CN¥0.08 in 3Q 2023)Third quarter 2024 results: EPS: CN¥0.08 (in line with 3Q 2023). Revenue: CN¥688.6m (up 9.4% from 3Q 2023). Net income: CN¥46.5m (down 11% from 3Q 2023). Profit margin: 6.8% (down from 8.3% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 22% growth forecast for the Semiconductor industry in China. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has fallen by 14% per year, which means it is performing significantly worse than earnings.
Valuation Update With 7 Day Price Move • Sep 30Investor sentiment improves as stock rises 29%After last week's 29% share price gain to CN¥10.18, the stock trades at a forward P/E ratio of 37x. Average forward P/E is 29x in the Semiconductor industry in China. Total loss to shareholders of 45% over the past three years.
お知らせ • Sep 30Focus Lightings Tech Co., Ltd. to Report Q3, 2024 Results on Oct 11, 2024Focus Lightings Tech Co., Ltd. announced that they will report Q3, 2024 results on Oct 11, 2024
Reported Earnings • Jul 31Second quarter 2024 earnings released: EPS: CN¥0.10 (vs CN¥0.13 in 2Q 2023)Second quarter 2024 results: EPS: CN¥0.10. Revenue: CN¥733.4m (up 12% from 2Q 2023). Net income: CN¥65.0m (up 99% from 2Q 2023). Profit margin: 8.9% (up from 5.0% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 22% growth forecast for the Semiconductor industry in China.
お知らせ • Jun 29Focus Lightings Tech Co., Ltd. to Report First Half, 2024 Results on Aug 30, 2024Focus Lightings Tech Co., Ltd. announced that they will report first half, 2024 results on Aug 30, 2024
Board Change • May 17High number of new and inexperienced directorsThere are 7 new directors who have joined the board in the last 3 years. The company's board is composed of: 7 new directors. 2 experienced directors. 1 highly experienced director. Chairman & GM Huarong Pan is the most experienced director on the board, commencing their role in 2014. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.
お知らせ • May 11Focus Lightings Tech Co., Ltd. Approves Directorate AppointmentsFocus Lightings Tech Co., Ltd. at its Extraordinary General Meeting held on 09 May 2024 approved the election of Pan Huarong, Sun Yongjie, Xu Hua and Cao Yufei as non-independent director. The company approved the election of Huang Heshu as independent director. The company approved the election of Wang Junhui as non-employee supervisor.
Reported Earnings • Apr 24First quarter 2024 earnings released: EPS: CN¥0.07 (vs CN¥0.01 loss in 1Q 2023)First quarter 2024 results: EPS: CN¥0.07 (up from CN¥0.01 loss in 1Q 2023). Revenue: CN¥600.5m (up 11% from 1Q 2023). Net income: CN¥48.1m (up CN¥55.7m from 1Q 2023). Profit margin: 8.0% (up from net loss in 1Q 2023). Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 22% growth forecast for the Semiconductor industry in China. Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings.
お知らせ • Mar 30Focus Lightings Tech Co., Ltd. to Report Q1, 2024 Results on Apr 24, 2024Focus Lightings Tech Co., Ltd. announced that they will report Q1, 2024 results on Apr 24, 2024
お知らせ • Feb 22Focus Lightings Tech Co., Ltd. Announces Implementation of Final Cash Dividend of 2023, Payable on 28 February 2024Focus Lightings Tech Co., Ltd. announced 2023 final profit distribution plan to be implemented (A shares): Cash dividend per 10 shares (tax included) of CNY 1.60000000. Record date is 27 February 2024. Ex-date is 28 February 2024. Payment date is 28 February 2024.
Valuation Update With 7 Day Price Move • Feb 02Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to CN¥8.46, the stock trades at a forward P/E ratio of 41x. Average forward P/E is 25x in the Semiconductor industry in China. Total loss to shareholders of 19% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥6.30 per share.
お知らせ • Jan 30Focus Lightings Tech Co., Ltd. Proposes Dividend for 2023Focus Lightings Tech Co., Ltd. proposed Cash dividend/10 shares (tax included): CNY 1.60000000 for 2023.
Reported Earnings • Jan 27Full year 2023 earnings released: EPS: CN¥0.21 (vs CN¥0.12 loss in FY 2022)Full year 2023 results: EPS: CN¥0.21 (up from CN¥0.12 loss in FY 2022). Revenue: CN¥2.48b (up 22% from FY 2022). Net income: CN¥121.2m (up CN¥184.6m from FY 2022). Profit margin: 4.9% (up from net loss in FY 2022). Revenue is forecast to grow 14% p.a. on average during the next 2 years, compared to a 24% growth forecast for the Semiconductor industry in China. Over the last 3 years on average, earnings per share has fallen by 40% 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 • Jan 27Focus Lightings Tech Co., Ltd., Annual General Meeting, Feb 19, 2024Focus Lightings Tech Co., Ltd., Annual General Meeting, Feb 19, 2024, at 14:00 China Standard Time.
お知らせ • Dec 29Focus Lightings Tech Co., Ltd. to Report Fiscal Year 2023 Results on Jan 27, 2024Focus Lightings Tech Co., Ltd. announced that they will report fiscal year 2023 results on Jan 27, 2024
Reported Earnings • Oct 27Third quarter 2023 earnings released: EPS: CN¥0.08 (vs CN¥0.018 loss in 3Q 2022)Third quarter 2023 results: EPS: CN¥0.08 (up from CN¥0.018 loss in 3Q 2022). Revenue: CN¥629.4m (up 18% from 3Q 2022). Net income: CN¥52.0m (up CN¥65.2m from 3Q 2022). Profit margin: 8.3% (up from net loss in 3Q 2022). Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 25% growth forecast for the Semiconductor industry in China. Over the last 3 years on average, earnings per share has fallen by 46% per year but the company’s share price has only fallen by 12% per year, which means it has not declined as severely as earnings.
New Risk • Sep 06New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 23% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. This is currently the only risk that has been identified for the company.
Reported Earnings • Jul 20Second quarter 2023 earnings released: EPS: CN¥0.13 (vs CN¥0.031 in 2Q 2022)Second quarter 2023 results: EPS: CN¥0.13 (up from CN¥0.031 in 2Q 2022). Revenue: CN¥655.9m (up 25% from 2Q 2022). Net income: CN¥32.7m (up 80% from 2Q 2022). Profit margin: 5.0% (up from 3.5% in 2Q 2022). Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 24% growth forecast for the Semiconductor industry in China. Over the last 3 years on average, earnings per share has fallen by 29% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings.
お知らせ • Jul 01Focus Lightings Tech Co., Ltd. to Report First Half, 2023 Results on Jul 20, 2023Focus Lightings Tech Co., Ltd. announced that they will report first half, 2023 results on Jul 20, 2023
Reported Earnings • Apr 28First quarter 2023 earnings released: CN¥0.01 loss per share (vs CN¥0.05 profit in 1Q 2022)First quarter 2023 results: CN¥0.01 loss per share (down from CN¥0.05 profit in 1Q 2022). Revenue: CN¥543.2m (up 13% from 1Q 2022). Net loss: CN¥7.59m (down 131% from profit in 1Q 2022). Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 24% growth forecast for the Semiconductor industry in China. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has increased by 12% per year, which means it is well ahead of earnings.
Reported Earnings • Feb 28Full year 2022 earnings released: CN¥0.12 loss per share (vs CN¥0.34 profit in FY 2021)Full year 2022 results: CN¥0.12 loss per share (down from CN¥0.34 profit in FY 2021). Revenue: CN¥2.03b (up 1.0% from FY 2021). Net loss: CN¥63.4m (down 136% from profit in FY 2021). Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.
Buying Opportunity • Dec 21Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 8.7%. The fair value is estimated to be CN¥11.94, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 25% over the last 3 years. Earnings per share has grown by 49%. Revenue is forecast to grow by 83% in 2 years. Earnings is forecast to grow by 713% in the next 2 years.
Buying Opportunity • Nov 17Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 23%. The fair value is estimated to be CN¥13.27, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 25% over the last 3 years. Earnings per share has grown by 49%. Revenue is forecast to grow by 83% in 2 years. Earnings is forecast to grow by 712% in the next 2 years.
Reported Earnings • Oct 27Third quarter 2022 earnings released: CN¥0.018 loss per share (vs CN¥0.10 profit in 3Q 2021)Third quarter 2022 results: CN¥0.018 loss per share (down from CN¥0.10 profit in 3Q 2021). Revenue: CN¥535.6m (up 3.3% from 3Q 2021). Net loss: CN¥13.2m (down 121% from profit in 3Q 2021). Revenue is forecast to grow 27% p.a. on average during the next 3 years, compared to a 26% growth forecast for the Semiconductor industry in China. Over the last 3 years on average, earnings per share has increased by 49% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Aug 31Second quarter 2022 earnings released: EPS: CN¥0.031 (vs CN¥0.11 in 2Q 2021)Second quarter 2022 results: EPS: CN¥0.031 (down from CN¥0.11 in 2Q 2021). Revenue: CN¥524.7m (up 2.5% from 2Q 2021). Net income: CN¥18.2m (down 67% from 2Q 2021). Profit margin: 3.5% (down from 11% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 40%, compared to a 47% growth forecast for the Semiconductor industry in China. Over the last 3 years on average, earnings per share has increased by 58% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Apr 13First quarter 2022 earnings released: EPS: CN¥2.42 (vs CN¥0.033 in 1Q 2021)First quarter 2022 results: EPS: CN¥2.42 (up from CN¥0.033 in 1Q 2021). Revenue: CN¥94.1b (up CN¥93.7b from 1Q 2021). Net income: CN¥7.93b (up CN¥7.92b from 1Q 2021). Profit margin: 8.4% (up from 3.4% in 1Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is expected to shrink by 90% compared to a 45% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has increased by 144% per year but the company’s share price has only increased by 23% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Jan 30Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: CN¥0.34 (up from CN¥0.044 in FY 2020). Revenue: CN¥2.01b (up 43% from FY 2020). Net income: CN¥177.1m (up CN¥155.7m from FY 2020). Profit margin: 8.8% (up from 1.5% in FY 2020). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 26%, compared to a 56% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has increased by 52% per year whereas the company’s share price has increased by 49% per year.
Reported Earnings • Oct 16Third quarter 2021 earnings released: EPS CN¥0.10 (vs CN¥0.006 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: CN¥518.3m (up 32% from 3Q 2020). Net income: CN¥63.2m (up CN¥60.4m from 3Q 2020). Profit margin: 12% (up from 0.7% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 65% per year but the company’s share price has only increased by 49% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Aug 19Second quarter 2021 earnings released: EPS CN¥0.19 (vs CN¥0.033 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CN¥512.1m (up 47% from 2Q 2020). Net income: CN¥54.7m (up CN¥46.3m from 2Q 2020). Profit margin: 11% (up from 2.4% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has only increased by 24% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Apr 29First quarter 2021 earnings released: EPS CN¥0.06 (vs CN¥0.02 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: CN¥449.0m (up 70% from 1Q 2020). Net income: CN¥15.4m (up 194% from 1Q 2020). Profit margin: 3.4% (up from 2.0% in 1Q 2020).
Is New 90 Day High Low • Feb 04New 90-day low: CN¥19.91The company is down 46% from its price of CN¥36.62 on 06 November 2020. The Chinese market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Semiconductor industry, which is up 8.0% over the same period.
Is New 90 Day High Low • Jan 12New 90-day low: CN¥24.48The company is down 17% from its price of CN¥29.41 on 15 October 2020. The Chinese market is up 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Semiconductor industry, which is up 9.0% over the same period.
Is New 90 Day High Low • Dec 28New 90-day low: CN¥25.41The company is down 9.0% from its price of CN¥27.88 on 30 September 2020. The Chinese market is up 6.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Semiconductor industry, which is up 15% over the same period.
Reported Earnings • Oct 20Third quarter earnings releasedOver the last 12 months the company has reported total profits of CN¥10.4m, down 91% from the prior year. Total revenue was CN¥1.36b over the last 12 months, up 40% from the prior year.