View Financial HealthCETC Digital TechnologyLtd 配当と自社株買い配当金 基準チェック /36CETC Digital TechnologyLtd配当を支払う会社であり、現在の利回りは1.71%で、収益によって十分にカバーされています。主要情報1.7%配当利回り-0.03%バイバック利回り総株主利回り1.7%将来の配当利回り1.7%配当成長10.0%次回配当支払日n/a配当落ち日n/a一株当たり配当金n/a配当性向56%最近の配当と自社株買いの更新Declared Dividend • Jun 23Dividend reduced to CN¥0.35Dividend of CN¥0.35 is 22% lower than last year. Ex-date: 26th June 2025 Payment date: 26th June 2025 Dividend yield will be 1.6%, which is higher than the industry average of 0.8%. Sustainability & Growth Dividend is covered by earnings (44% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 9.0% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 37% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Declared Dividend • Jun 17Dividend increased to CN¥0.45Dividend of CN¥0.45 is 50% higher than last year. Ex-date: 21st June 2024 Payment date: 21st June 2024 Dividend yield will be 2.4%, which is higher than the industry average of 0.8%. Sustainability & Growth Dividend is covered by earnings (62% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 13% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 68% over the next 3 years, which should provide support to the dividend and adequate earnings cover.すべての更新を表示Recent updatesReported Earnings • Apr 30Full year 2025 earnings released: EPS: CN¥0.48 (vs CN¥0.80 in FY 2024)Full year 2025 results: EPS: CN¥0.48 (down from CN¥0.80 in FY 2024). Revenue: CN¥10.7b (flat on FY 2024). Net income: CN¥328.8m (down 40% from FY 2024). Profit margin: 3.1% (down from 5.1% in FY 2024). Over the last 3 years on average, earnings per share has fallen by 5% per year whereas the company’s share price has fallen by 6% per year.お知らせ • Apr 30CETC Digital Technology Co.,Ltd., Annual General Meeting, May 22, 2026CETC Digital Technology Co.,Ltd., Annual General Meeting, May 22, 2026, at 14:00 China Standard Time. Location: 2F, No. 269, Boqing Road, Pudong New Area, Shanghai Chinaお知らせ • Mar 30CETC Digital Technology Co.,Ltd. to Report Q1, 2026 Results on Apr 28, 2026CETC Digital Technology Co.,Ltd. announced that they will report Q1, 2026 results on Apr 28, 2026Valuation Update With 7 Day Price Move • Jan 12Investor sentiment improves as stock rises 20%After last week's 20% share price gain to CN¥35.38, the stock trades at a trailing P/E ratio of 47.8x. Average trailing P/E is 120x in the IT industry in China. Total returns to shareholders of 79% over the past three years.お知らせ • Dec 26CETC Digital Technology Co.,Ltd. to Report Fiscal Year 2025 Results on Apr 28, 2026CETC Digital Technology Co.,Ltd. announced that they will report fiscal year 2025 results on Apr 28, 2026Reported Earnings • Nov 02Third quarter 2025 earnings released: EPS: CN¥0.21 (vs CN¥0.24 in 3Q 2024)Third quarter 2025 results: EPS: CN¥0.21 (down from CN¥0.24 in 3Q 2024). Revenue: CN¥2.71b (up 4.7% from 3Q 2024). Net income: CN¥147.2m (down 13% from 3Q 2024). Profit margin: 5.4% (down from 6.5% in 3Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 17% growth forecast for the IT industry in China. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 10% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Sep 30CETC Digital Technology Co.,Ltd. to Report Q3, 2025 Results on Oct 30, 2025CETC Digital Technology Co.,Ltd. announced that they will report Q3, 2025 results on Oct 30, 2025Valuation Update With 7 Day Price Move • Aug 28Investor sentiment improves as stock rises 17%After last week's 17% share price gain to CN¥31.00, the stock trades at a forward P/E ratio of 32x. Average forward P/E is 50x in the IT industry in China. Total returns to shareholders of 82% over the past three years.お知らせ • Jun 30CETC Digital Technology Co.,Ltd. to Report First Half, 2025 Results on Aug 16, 2025CETC Digital Technology Co.,Ltd. announced that they will report first half, 2025 results on Aug 16, 2025Declared Dividend • Jun 23Dividend reduced to CN¥0.35Dividend of CN¥0.35 is 22% lower than last year. Ex-date: 26th June 2025 Payment date: 26th June 2025 Dividend yield will be 1.6%, which is higher than the industry average of 0.8%. Sustainability & Growth Dividend is covered by earnings (44% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 9.0% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 37% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Reported Earnings • Apr 15Full year 2024 earnings: EPS and revenues miss analyst expectationsFull year 2024 results: EPS: CN¥0.80 (up from CN¥0.72 in FY 2023). Revenue: CN¥10.7b (up 7.0% from FY 2023). Net income: CN¥550.6m (up 11% from FY 2023). Profit margin: 5.1% (in line with FY 2023). Revenue missed analyst estimates by 3.5%. Earnings per share (EPS) also missed analyst estimates by 4.2%. Revenue is forecast to grow 13% p.a. on average during the next 2 years, compared to a 15% growth forecast for the IT industry in China. Over the last 3 years on average, earnings per share has increased by 8% per year whereas the company’s share price has increased by 9% per year.お知らせ • Apr 15CETC Digital Technology Co.,Ltd., Annual General Meeting, May 13, 2025CETC Digital Technology Co.,Ltd., Annual General Meeting, May 13, 2025, at 13:30 China Standard Time. Location: 2F, No. 269, Boqing Road, Pudong New Area, Shanghai Chinaお知らせ • Mar 28CETC Digital Technology Co.,Ltd. to Report Q1, 2025 Results on Apr 30, 2025CETC Digital Technology Co.,Ltd. announced that they will report Q1, 2025 results on Apr 30, 2025分析記事 • Feb 21CETC Digital Technology Co.,Ltd.'s (SHSE:600850) 28% Share Price Surge Not Quite Adding UpCETC Digital Technology Co.,Ltd. ( SHSE:600850 ) shareholders would be excited to see that the share price has had a...分析記事 • Feb 05We Think CETC Digital TechnologyLtd (SHSE:600850) Can Stay On Top Of Its DebtHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...Valuation Update With 7 Day Price Move • Jan 06Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to CN¥20.81, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 29x in the IT industry in China. Total loss to shareholders of 16% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥9.71 per share.お知らせ • Dec 27CETC Digital Technology Co.,Ltd. to Report Fiscal Year 2024 Results on Apr 15, 2025CETC Digital Technology Co.,Ltd. announced that they will report fiscal year 2024 results on Apr 15, 2025分析記事 • Dec 12Returns On Capital At CETC Digital TechnologyLtd (SHSE:600850) Have StalledTo find a multi-bagger stock, what are the underlying trends we should look for in a business? Firstly, we'll want to...Valuation Update With 7 Day Price Move • Nov 11Investor sentiment improves as stock rises 15%After last week's 15% share price gain to CN¥27.19, the stock trades at a forward P/E ratio of 30x. Average forward P/E is 33x in the IT industry in China. Total loss to shareholders of 4.7% over the past three years.Reported Earnings • Oct 26Third quarter 2024 earnings released: EPS: CN¥0.24 (vs CN¥0.21 in 3Q 2023)Third quarter 2024 results: EPS: CN¥0.24 (up from CN¥0.21 in 3Q 2023). Revenue: CN¥2.59b (down 3.1% from 3Q 2023). Net income: CN¥168.8m (up 15% from 3Q 2023). Profit margin: 6.5% (up from 5.5% in 3Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 16% growth forecast for the IT industry in China. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.分析記事 • Oct 22CETC Digital Technology Co.,Ltd. (SHSE:600850) Stock Rockets 46% As Investors Are Less Pessimistic Than ExpectedDespite an already strong run, CETC Digital Technology Co.,Ltd. ( SHSE:600850 ) shares have been powering on, with a...Valuation Update With 7 Day Price Move • Oct 22Investor sentiment improves as stock rises 23%After last week's 23% share price gain to CN¥25.92, the stock trades at a forward P/E ratio of 29x. Average forward P/E is 32x in the IT industry in China. Total loss to shareholders of 1.7% over the past three years.分析記事 • Oct 15Is CETC Digital TechnologyLtd (SHSE:600850) Using Too Much Debt?Warren Buffett famously said, 'Volatility is far from synonymous with risk.' When we think about how risky a company...お知らせ • Sep 30CETC Digital Technology Co.,Ltd. to Report Q3, 2024 Results on Oct 26, 2024CETC Digital Technology Co.,Ltd. announced that they will report Q3, 2024 results on Oct 26, 2024Valuation Update With 7 Day Price Move • Sep 30Investor sentiment improves as stock rises 19%After last week's 19% share price gain to CN¥21.01, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 24x in the IT industry in China. Total loss to shareholders of 1.5% over the past three years.Reported Earnings • Aug 26Second quarter 2024 earnings released: EPS: CN¥0.13 (vs CN¥0.12 in 2Q 2023)Second quarter 2024 results: EPS: CN¥0.13 (up from CN¥0.12 in 2Q 2023). Revenue: CN¥2.52b (up 10% from 2Q 2023). Net income: CN¥86.0m (up 1.1% from 2Q 2023). Profit margin: 3.4% (down from 3.7% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 15% growth forecast for the IT 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 fallen by 9% per year, which means it is significantly lagging earnings.分析記事 • Jul 02CETC Digital Technology Co.,Ltd.'s (SHSE:600850) Prospects Need A Boost To Lift SharesCETC Digital Technology Co.,Ltd.'s ( SHSE:600850 ) price-to-earnings (or "P/E") ratio of 25.1x might make it look like...お知らせ • Jun 28CETC Digital Technology Co.,Ltd. to Report First Half, 2024 Results on Aug 24, 2024CETC Digital Technology Co.,Ltd. announced that they will report first half, 2024 results on Aug 24, 2024Declared Dividend • Jun 17Dividend increased to CN¥0.45Dividend of CN¥0.45 is 50% higher than last year. Ex-date: 21st June 2024 Payment date: 21st June 2024 Dividend yield will be 2.4%, which is higher than the industry average of 0.8%. Sustainability & Growth Dividend is covered by earnings (62% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 13% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 68% over the next 3 years, which should provide support to the dividend and adequate earnings cover.分析記事 • May 25CETC Digital TechnologyLtd (SHSE:600850) May Have Issues Allocating Its CapitalIf we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...Reported Earnings • Apr 30First quarter 2024 earnings released: EPS: CN¥0.069 (vs CN¥0.068 in 1Q 2023)First quarter 2024 results: EPS: CN¥0.069 (up from CN¥0.068 in 1Q 2023). Revenue: CN¥1.99b (up 1.2% from 1Q 2023). Net income: CN¥47.4m (up 2.0% from 1Q 2023). Profit margin: 2.4% (in line with 1Q 2023). Revenue is forecast to grow 20% p.a. on average during the next 2 years, compared to a 20% growth forecast for the IT industry in China. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.分析記事 • Apr 08CETC Digital TechnologyLtd's (SHSE:600850) Shareholders Have More To Worry About Than Only Soft EarningsInvestors were disappointed by CETC Digital Technology Co.,Ltd.'s ( SHSE:600850 ) latest earnings release. We did some...お知らせ • Apr 02CETC Digital Technology Co.,Ltd., Annual General Meeting, Apr 24, 2024CETC Digital Technology Co.,Ltd., Annual General Meeting, Apr 24, 2024, at 13:30 China Standard Time. Location: 3F, No. 1188, Xueye Road, Pudong New Area, Shanghai ChinaReported Earnings • Apr 02Full year 2023 earnings released: EPS: CN¥0.72 (vs CN¥0.81 in FY 2022)Full year 2023 results: EPS: CN¥0.72 (down from CN¥0.81 in FY 2022). Revenue: CN¥10.0b (up 1.3% from FY 2022). Net income: CN¥497.0m (down 4.4% from FY 2022). Profit margin: 5.0% (down from 5.3% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 18% p.a. on average during the next 2 years, compared to a 18% growth forecast for the IT industry in China. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.お知らせ • Mar 29CETC Digital Technology Co.,Ltd. to Report Q1, 2024 Results on Apr 30, 2024CETC Digital Technology Co.,Ltd. announced that they will report Q1, 2024 results on Apr 30, 2024Buy Or Sell Opportunity • Mar 27Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 12% to CN¥18.75. The fair value is estimated to be CN¥23.66, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.4% over the last 3 years. Earnings per share has grown by 10%. Revenue is forecast to grow by 45% in 2 years. Earnings are forecast to grow by 90% in the next 2 years.分析記事 • Mar 25CETC Digital TechnologyLtd (SHSE:600850) Has A Rock Solid Balance SheetThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...分析記事 • Mar 04Further Upside For CETC Digital Technology Co.,Ltd. (SHSE:600850) Shares Could Introduce Price Risks After 29% BounceCETC Digital Technology Co.,Ltd. ( SHSE:600850 ) shareholders are no doubt pleased to see that the share price has...Reported Earnings • Feb 24Full year 2023 earnings released: EPS: CN¥0.72 (vs CN¥0.81 in FY 2022)Full year 2023 results: EPS: CN¥0.72 (down from CN¥0.81 in FY 2022). Revenue: CN¥10.0b (up 1.3% from FY 2022). Net income: CN¥497.0m (down 4.4% from FY 2022). Profit margin: 5.0% (down from 5.3% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 18% p.a. on average during the next 2 years, compared to a 19% growth forecast for the IT industry in China. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Feb 05Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to CN¥15.36, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 20x in the IT industry in China. Total loss to shareholders of 4.9% over the past three years.Buying Opportunity • Jan 08Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 15%. The fair value is estimated to be CN¥25.68, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.0% over the last 3 years. Earnings per share has grown by 11%. Revenue is forecast to grow by 42% in 2 years. Earnings is forecast to grow by 77% in the next 2 years.お知らせ • Dec 30CETC Digital Technology Co.,Ltd. to Report Fiscal Year 2023 Results on Apr 02, 2024CETC Digital Technology Co.,Ltd. announced that they will report fiscal year 2023 results on Apr 02, 2024Reported Earnings • Nov 01Third quarter 2023 earnings released: EPS: CN¥0.21 (vs CN¥0.19 in 3Q 2022)Third quarter 2023 results: EPS: CN¥0.21 (up from CN¥0.19 in 3Q 2022). Revenue: CN¥2.67b (down 1.7% from 3Q 2022). Net income: CN¥146.3m (up 12% from 3Q 2022). Profit margin: 5.5% (up from 4.8% in 3Q 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 20% growth forecast for the IT industry in China. Over the last 3 years on average, earnings per share has increased by 12% per year whereas the company’s share price has increased by 7% per year.Valuation Update With 7 Day Price Move • Sep 08Investor sentiment improves as stock rises 24%After last week's 24% share price gain to CN¥27.20, the stock trades at a forward P/E ratio of 29x. Average forward P/E is 27x in the IT industry in China. Total returns to shareholders of 46% over the past three years.Reported Earnings • Aug 26Second quarter 2023 earnings released: EPS: CN¥0.12 (vs CN¥0.16 in 2Q 2022)Second quarter 2023 results: EPS: CN¥0.12 (down from CN¥0.16 in 2Q 2022). Revenue: CN¥2.29b (down 5.0% from 2Q 2022). Net income: CN¥85.1m (down 4.7% from 2Q 2022). Profit margin: 3.7% (in line with 2Q 2022). Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 19% growth forecast for the IT industry in China. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.お知らせ • Jun 28CETC Digital Technology Co.,Ltd. to Report First Half, 2023 Results on Aug 26, 2023CETC Digital Technology Co.,Ltd. announced that they will report first half, 2023 results on Aug 26, 2023Reported Earnings • Apr 26First quarter 2023 earnings released: EPS: CN¥0.068 (vs CN¥0.13 in 1Q 2022)First quarter 2023 results: EPS: CN¥0.068 (down from CN¥0.13 in 1Q 2022). Revenue: CN¥1.97b (up 11% from 1Q 2022). Net income: CN¥46.5m (down 35% from 1Q 2022). Profit margin: 2.4% (down from 4.0% in 1Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 23% p.a. on average during the next 2 years, compared to a 19% growth forecast for the IT industry in China. Over the last 3 years on average, earnings per share has increased by 9% per year whereas the company’s share price has increased by 13% per year.Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 5 non-independent directors. Independent Director Wang Ze Xia was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • Oct 29Third quarter 2022 earnings released: EPS: CN¥0.43 (vs CN¥0.17 in 3Q 2021)Third quarter 2022 results: EPS: CN¥0.43 (up from CN¥0.17 in 3Q 2021). Revenue: CN¥2.71b (up 12% from 3Q 2021). Net income: CN¥130.1m (up 37% from 3Q 2021). Profit margin: 4.8% (up from 3.9% in 3Q 2021). The increase in margin was driven by higher 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 1% per year.Valuation Update With 7 Day Price Move • Oct 17Investor sentiment improved over the past weekAfter last week's 18% share price gain to CN¥18.75, the stock trades at a trailing P/E ratio of 40.4x. Average trailing P/E is 44x in the IT industry in China. Total returns to shareholders of 3.1% over the past three years.Board Change • Aug 30Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Wang Ze Xia was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • Aug 28Second quarter 2022 earnings released: EPS: CN¥0.30 (vs CN¥0.17 in 2Q 2021)Second quarter 2022 results: EPS: CN¥0.30. Revenue: CN¥2.41b (down 8.2% from 2Q 2021). Net income: CN¥89.3m (down 7.9% from 2Q 2021). Profit margin: 3.7% (in line with 2Q 2021).Reported Earnings • Apr 27First quarter 2022 earnings released: EPS: CN¥0.17 (vs CN¥0.16 in 1Q 2021)First quarter 2022 results: EPS: CN¥0.17 (up from CN¥0.16 in 1Q 2021). Revenue: CN¥1.78b (up 13% from 1Q 2021). Net income: CN¥71.7m (up 3.9% from 1Q 2021). Profit margin: 4.0% (down from 4.4% in 1Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 2% per year whereas the company’s share price has fallen by 3% per year.Board Change • Apr 27Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 10 experienced directors. 1 highly experienced director. 3 independent directors (7 non-independent directors). Independent Director Fanghua Wang was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Buying Opportunity • Apr 08Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 27%. The fair value is estimated to be CN¥30.34, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.3% over the last 3 years, while earnings per share has been flat.Reported Earnings • Mar 04Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: CN¥0.77 (up from CN¥0.74 in FY 2020). Revenue: CN¥8.96b (up 10% from FY 2020). Net income: CN¥328.9m (up 3.6% from FY 2020). Profit margin: 3.7% (down from 3.9% in FY 2020). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 11% per year, which means it is tracking significantly ahead of earnings growth.Reported Earnings • Mar 04Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: CN¥0.77 (up from CN¥0.74 in FY 2020). Revenue: CN¥8.96b (up 10% from FY 2020). Net income: CN¥328.9m (up 3.6% from FY 2020). Profit margin: 3.7% (down from 3.9% in FY 2020). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 11% per year, which means it is tracking significantly ahead of earnings growth.Reported Earnings • Oct 31Third quarter 2021 earnings released: EPS CN¥0.22 (vs CN¥0.22 in 3Q 2020)The company reported a solid third quarter result with improved earnings and revenues, although profit margins were weaker. Third quarter 2021 results: Revenue: CN¥2.43b (up 20% from 3Q 2020). Net income: CN¥94.9m (up 1.3% from 3Q 2020). Profit margin: 3.9% (down from 4.6% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 26% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • Oct 19Investor sentiment improved over the past weekAfter last week's 21% share price gain to CN¥34.49, the stock trades at a forward P/E ratio of 39x. Average forward P/E is 27x in the IT industry in China. Total returns to shareholders of 117% over the past three years.Reported Earnings • Aug 24Second quarter 2021 earnings released: EPS CN¥0.23 (vs CN¥0.21 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¥2.62b (up 42% from 2Q 2020). Net income: CN¥97.0m (up 9.1% from 2Q 2020). Profit margin: 3.7% (down from 4.8% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has increased by 13% per year, which means it is tracking significantly ahead of earnings growth.Reported Earnings • May 04First quarter 2021 earnings released: EPS CN¥0.16 (vs CN¥0.15 in 1Q 2020)The company reported a solid first quarter result with improved earnings and revenues, although profit margins were weaker. First quarter 2021 results: Revenue: CN¥1.57b (up 19% from 1Q 2020). Net income: CN¥69.0m (up 7.9% from 1Q 2020). Profit margin: 4.4% (down from 4.8% in 1Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has increased by 9% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • Mar 26Investor sentiment improved over the past weekAfter last week's 25% share price gain to CN¥30.17, the stock trades at a trailing P/E ratio of 40.6x. Average trailing P/E is 50x in the IT industry in China. Total returns to shareholders of 67% over the past three years.Reported Earnings • Mar 22Full year 2020 earnings released: EPS CN¥0.74 (vs CN¥0.76 in FY 2019)The company reported a soft full year result with weaker earnings and profit margins, although revenues improved. Full year 2020 results: Revenue: CN¥8.13b (up 4.5% from FY 2019). Net income: CN¥317.5m (down 1.3% from FY 2019). Profit margin: 3.9% (down from 4.1% in FY 2019). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has increased by 17% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Mar 05Shanghai East-China Computer Co.,Ltd. to Report Fiscal Year 2020 Results on Mar 30, 2021Shanghai East-China Computer Co.,Ltd. announced that they will report fiscal year 2020 results on Mar 30, 2021お知らせ • Feb 10Nanchang Shengxiu Network Technology Co., Ltd. signed the property transaction contract to acquire 24.9% stake in Shanghai Qiming Software Co., Ltd fromShanghai East-China Computer Co.,Ltd. (SHSE:600850), Shanghai Huaxun Network System Co., Ltd. and ECData Infomation Technology Co.,Ltd. for CNY 3.74 million.Nanchang Shengxiu Network Technology Co., Ltd. signed the property transaction contract to acquire 24.9% stake in Shanghai Qiming Software Co., Ltd from Shanghai East-China Computer Co.,Ltd. (SHSE:600850), Shanghai Huaxun Network System Co., Ltd. and ECData Infomation Technology Co.,Ltd. for CNY 3.74 million recently. ShanghaiEast-ChinaComputer Co., Ltd. held the 16th meeting of the 9th session of the board of directors on December 14, 2020, and reviewed and approved the transaction.Is New 90 Day High Low • Feb 04New 90-day low: CN¥23.10The company is down 7.0% from its price of CN¥24.76 on 06 November 2020. The Chinese market is up 5.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the IT industry, which is down 27% over the same period.Is New 90 Day High Low • Jan 18New 90-day high: CN¥28.20The company is up 14% from its price of CN¥24.83 on 20 October 2020. The Chinese market is up 7.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the IT industry, which is down 26% over the same period.Is New 90 Day High Low • Dec 29New 90-day high: CN¥26.32The company is up 9.0% from its price of CN¥24.11 on 30 September 2020. The Chinese market is up 5.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the IT industry, which is down 24% over the same period.Reported Earnings • Nov 01Third quarter earnings releasedOver the last 12 months the company has reported total profits of CN¥307.6m, down 1.0% from the prior year. Total revenue was CN¥7.79b over the last 12 months, up 3.3% from the prior year.お知らせ • Oct 30Shanghai East-China Computer Co.,Ltd. to Report Q3, 2020 Results on Oct 31, 2020Shanghai East-China Computer Co.,Ltd. announced that they will report Q3, 2020 results on Oct 31, 2020Is New 90 Day High Low • Oct 24New 90-day low: CN¥24.07The company is down 8.0% from its price of CN¥26.10 on 24 July 2020. The Chinese market is up 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the IT industry, which is down 2.0% over the same period.お知らせ • Jul 17Shanghai East-China Computer Co.,Ltd. to Report First Half, 2020 Results on Aug 29, 2020Shanghai East-China Computer Co.,Ltd. announced that they will report first half, 2020 results on Aug 29, 2020決済の安定と成長配当データの取得安定した配当: 600850の配当金支払いは、過去10年間 変動性 が高かった。増加する配当: 600850の配当金は過去10年間にわたって増加しています。配当利回り対市場CETC Digital TechnologyLtd 配当利回り対市場600850 配当利回りは市場と比べてどうか？セグメント配当利回り会社 (600850)1.7%市場下位25% (CN)0.4%市場トップ25% (CN)1.8%業界平均 (IT)0.5%アナリスト予想 (600850) (最長3年)1.7%注目すべき配当: 600850の配当金 ( 1.71% ) はCN市場の配当金支払者の下位 25% ( 0.36% ) よりも高くなっています。高配当: 600850の配当金 ( 1.71% ) はCN市場の配当金支払者の上位 25% ( 1.83% ) と比較すると低いです。株主への利益配当収益カバレッジ: 600850の配当金は、合理的な 配当性向 ( 55.9% ) により、利益によって賄われています。株主配当金キャッシュフローカバレッジ: 600850は配当金を支払っていますが、同社にはフリーキャッシュフローがありません。高配当企業の発掘7D1Y7D1Y7D1YCN 市場の強力な配当支払い企業。View Management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2026/05/09 22:48終値2026/05/08 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 Digital Technology 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。3 アナリスト機関Li Qian ZhouEverbright Securities Co. Ltd.Jialin JiangIndustrial Securities Co. Ltd.Wei LvMinsheng Securities Co.
Declared Dividend • Jun 23Dividend reduced to CN¥0.35Dividend of CN¥0.35 is 22% lower than last year. Ex-date: 26th June 2025 Payment date: 26th June 2025 Dividend yield will be 1.6%, which is higher than the industry average of 0.8%. Sustainability & Growth Dividend is covered by earnings (44% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 9.0% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 37% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Declared Dividend • Jun 17Dividend increased to CN¥0.45Dividend of CN¥0.45 is 50% higher than last year. Ex-date: 21st June 2024 Payment date: 21st June 2024 Dividend yield will be 2.4%, which is higher than the industry average of 0.8%. Sustainability & Growth Dividend is covered by earnings (62% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 13% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 68% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Reported Earnings • Apr 30Full year 2025 earnings released: EPS: CN¥0.48 (vs CN¥0.80 in FY 2024)Full year 2025 results: EPS: CN¥0.48 (down from CN¥0.80 in FY 2024). Revenue: CN¥10.7b (flat on FY 2024). Net income: CN¥328.8m (down 40% from FY 2024). Profit margin: 3.1% (down from 5.1% in FY 2024). Over the last 3 years on average, earnings per share has fallen by 5% per year whereas the company’s share price has fallen by 6% per year.
お知らせ • Apr 30CETC Digital Technology Co.,Ltd., Annual General Meeting, May 22, 2026CETC Digital Technology Co.,Ltd., Annual General Meeting, May 22, 2026, at 14:00 China Standard Time. Location: 2F, No. 269, Boqing Road, Pudong New Area, Shanghai China
お知らせ • Mar 30CETC Digital Technology Co.,Ltd. to Report Q1, 2026 Results on Apr 28, 2026CETC Digital Technology Co.,Ltd. announced that they will report Q1, 2026 results on Apr 28, 2026
Valuation Update With 7 Day Price Move • Jan 12Investor sentiment improves as stock rises 20%After last week's 20% share price gain to CN¥35.38, the stock trades at a trailing P/E ratio of 47.8x. Average trailing P/E is 120x in the IT industry in China. Total returns to shareholders of 79% over the past three years.
お知らせ • Dec 26CETC Digital Technology Co.,Ltd. to Report Fiscal Year 2025 Results on Apr 28, 2026CETC Digital Technology Co.,Ltd. announced that they will report fiscal year 2025 results on Apr 28, 2026
Reported Earnings • Nov 02Third quarter 2025 earnings released: EPS: CN¥0.21 (vs CN¥0.24 in 3Q 2024)Third quarter 2025 results: EPS: CN¥0.21 (down from CN¥0.24 in 3Q 2024). Revenue: CN¥2.71b (up 4.7% from 3Q 2024). Net income: CN¥147.2m (down 13% from 3Q 2024). Profit margin: 5.4% (down from 6.5% in 3Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 17% growth forecast for the IT industry in China. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 10% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Sep 30CETC Digital Technology Co.,Ltd. to Report Q3, 2025 Results on Oct 30, 2025CETC Digital Technology Co.,Ltd. announced that they will report Q3, 2025 results on Oct 30, 2025
Valuation Update With 7 Day Price Move • Aug 28Investor sentiment improves as stock rises 17%After last week's 17% share price gain to CN¥31.00, the stock trades at a forward P/E ratio of 32x. Average forward P/E is 50x in the IT industry in China. Total returns to shareholders of 82% over the past three years.
お知らせ • Jun 30CETC Digital Technology Co.,Ltd. to Report First Half, 2025 Results on Aug 16, 2025CETC Digital Technology Co.,Ltd. announced that they will report first half, 2025 results on Aug 16, 2025
Declared Dividend • Jun 23Dividend reduced to CN¥0.35Dividend of CN¥0.35 is 22% lower than last year. Ex-date: 26th June 2025 Payment date: 26th June 2025 Dividend yield will be 1.6%, which is higher than the industry average of 0.8%. Sustainability & Growth Dividend is covered by earnings (44% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 9.0% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 37% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Reported Earnings • Apr 15Full year 2024 earnings: EPS and revenues miss analyst expectationsFull year 2024 results: EPS: CN¥0.80 (up from CN¥0.72 in FY 2023). Revenue: CN¥10.7b (up 7.0% from FY 2023). Net income: CN¥550.6m (up 11% from FY 2023). Profit margin: 5.1% (in line with FY 2023). Revenue missed analyst estimates by 3.5%. Earnings per share (EPS) also missed analyst estimates by 4.2%. Revenue is forecast to grow 13% p.a. on average during the next 2 years, compared to a 15% growth forecast for the IT industry in China. Over the last 3 years on average, earnings per share has increased by 8% per year whereas the company’s share price has increased by 9% per year.
お知らせ • Apr 15CETC Digital Technology Co.,Ltd., Annual General Meeting, May 13, 2025CETC Digital Technology Co.,Ltd., Annual General Meeting, May 13, 2025, at 13:30 China Standard Time. Location: 2F, No. 269, Boqing Road, Pudong New Area, Shanghai China
お知らせ • Mar 28CETC Digital Technology Co.,Ltd. to Report Q1, 2025 Results on Apr 30, 2025CETC Digital Technology Co.,Ltd. announced that they will report Q1, 2025 results on Apr 30, 2025
分析記事 • Feb 21CETC Digital Technology Co.,Ltd.'s (SHSE:600850) 28% Share Price Surge Not Quite Adding UpCETC Digital Technology Co.,Ltd. ( SHSE:600850 ) shareholders would be excited to see that the share price has had a...
分析記事 • Feb 05We Think CETC Digital TechnologyLtd (SHSE:600850) Can Stay On Top Of Its DebtHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Valuation Update With 7 Day Price Move • Jan 06Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to CN¥20.81, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 29x in the IT industry in China. Total loss to shareholders of 16% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥9.71 per share.
お知らせ • Dec 27CETC Digital Technology Co.,Ltd. to Report Fiscal Year 2024 Results on Apr 15, 2025CETC Digital Technology Co.,Ltd. announced that they will report fiscal year 2024 results on Apr 15, 2025
分析記事 • Dec 12Returns On Capital At CETC Digital TechnologyLtd (SHSE:600850) Have StalledTo find a multi-bagger stock, what are the underlying trends we should look for in a business? Firstly, we'll want to...
Valuation Update With 7 Day Price Move • Nov 11Investor sentiment improves as stock rises 15%After last week's 15% share price gain to CN¥27.19, the stock trades at a forward P/E ratio of 30x. Average forward P/E is 33x in the IT industry in China. Total loss to shareholders of 4.7% over the past three years.
Reported Earnings • Oct 26Third quarter 2024 earnings released: EPS: CN¥0.24 (vs CN¥0.21 in 3Q 2023)Third quarter 2024 results: EPS: CN¥0.24 (up from CN¥0.21 in 3Q 2023). Revenue: CN¥2.59b (down 3.1% from 3Q 2023). Net income: CN¥168.8m (up 15% from 3Q 2023). Profit margin: 6.5% (up from 5.5% in 3Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 16% growth forecast for the IT industry in China. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.
分析記事 • Oct 22CETC Digital Technology Co.,Ltd. (SHSE:600850) Stock Rockets 46% As Investors Are Less Pessimistic Than ExpectedDespite an already strong run, CETC Digital Technology Co.,Ltd. ( SHSE:600850 ) shares have been powering on, with a...
Valuation Update With 7 Day Price Move • Oct 22Investor sentiment improves as stock rises 23%After last week's 23% share price gain to CN¥25.92, the stock trades at a forward P/E ratio of 29x. Average forward P/E is 32x in the IT industry in China. Total loss to shareholders of 1.7% over the past three years.
分析記事 • Oct 15Is CETC Digital TechnologyLtd (SHSE:600850) Using Too Much Debt?Warren Buffett famously said, 'Volatility is far from synonymous with risk.' When we think about how risky a company...
お知らせ • Sep 30CETC Digital Technology Co.,Ltd. to Report Q3, 2024 Results on Oct 26, 2024CETC Digital Technology Co.,Ltd. announced that they will report Q3, 2024 results on Oct 26, 2024
Valuation Update With 7 Day Price Move • Sep 30Investor sentiment improves as stock rises 19%After last week's 19% share price gain to CN¥21.01, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 24x in the IT industry in China. Total loss to shareholders of 1.5% over the past three years.
Reported Earnings • Aug 26Second quarter 2024 earnings released: EPS: CN¥0.13 (vs CN¥0.12 in 2Q 2023)Second quarter 2024 results: EPS: CN¥0.13 (up from CN¥0.12 in 2Q 2023). Revenue: CN¥2.52b (up 10% from 2Q 2023). Net income: CN¥86.0m (up 1.1% from 2Q 2023). Profit margin: 3.4% (down from 3.7% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 15% growth forecast for the IT 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 fallen by 9% per year, which means it is significantly lagging earnings.
分析記事 • Jul 02CETC Digital Technology Co.,Ltd.'s (SHSE:600850) Prospects Need A Boost To Lift SharesCETC Digital Technology Co.,Ltd.'s ( SHSE:600850 ) price-to-earnings (or "P/E") ratio of 25.1x might make it look like...
お知らせ • Jun 28CETC Digital Technology Co.,Ltd. to Report First Half, 2024 Results on Aug 24, 2024CETC Digital Technology Co.,Ltd. announced that they will report first half, 2024 results on Aug 24, 2024
Declared Dividend • Jun 17Dividend increased to CN¥0.45Dividend of CN¥0.45 is 50% higher than last year. Ex-date: 21st June 2024 Payment date: 21st June 2024 Dividend yield will be 2.4%, which is higher than the industry average of 0.8%. Sustainability & Growth Dividend is covered by earnings (62% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 13% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 68% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
分析記事 • May 25CETC Digital TechnologyLtd (SHSE:600850) May Have Issues Allocating Its CapitalIf we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
Reported Earnings • Apr 30First quarter 2024 earnings released: EPS: CN¥0.069 (vs CN¥0.068 in 1Q 2023)First quarter 2024 results: EPS: CN¥0.069 (up from CN¥0.068 in 1Q 2023). Revenue: CN¥1.99b (up 1.2% from 1Q 2023). Net income: CN¥47.4m (up 2.0% from 1Q 2023). Profit margin: 2.4% (in line with 1Q 2023). Revenue is forecast to grow 20% p.a. on average during the next 2 years, compared to a 20% growth forecast for the IT industry in China. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.
分析記事 • Apr 08CETC Digital TechnologyLtd's (SHSE:600850) Shareholders Have More To Worry About Than Only Soft EarningsInvestors were disappointed by CETC Digital Technology Co.,Ltd.'s ( SHSE:600850 ) latest earnings release. We did some...
お知らせ • Apr 02CETC Digital Technology Co.,Ltd., Annual General Meeting, Apr 24, 2024CETC Digital Technology Co.,Ltd., Annual General Meeting, Apr 24, 2024, at 13:30 China Standard Time. Location: 3F, No. 1188, Xueye Road, Pudong New Area, Shanghai China
Reported Earnings • Apr 02Full year 2023 earnings released: EPS: CN¥0.72 (vs CN¥0.81 in FY 2022)Full year 2023 results: EPS: CN¥0.72 (down from CN¥0.81 in FY 2022). Revenue: CN¥10.0b (up 1.3% from FY 2022). Net income: CN¥497.0m (down 4.4% from FY 2022). Profit margin: 5.0% (down from 5.3% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 18% p.a. on average during the next 2 years, compared to a 18% growth forecast for the IT industry in China. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.
お知らせ • Mar 29CETC Digital Technology Co.,Ltd. to Report Q1, 2024 Results on Apr 30, 2024CETC Digital Technology Co.,Ltd. announced that they will report Q1, 2024 results on Apr 30, 2024
Buy Or Sell Opportunity • Mar 27Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 12% to CN¥18.75. The fair value is estimated to be CN¥23.66, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.4% over the last 3 years. Earnings per share has grown by 10%. Revenue is forecast to grow by 45% in 2 years. Earnings are forecast to grow by 90% in the next 2 years.
分析記事 • Mar 25CETC Digital TechnologyLtd (SHSE:600850) Has A Rock Solid Balance SheetThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
分析記事 • Mar 04Further Upside For CETC Digital Technology Co.,Ltd. (SHSE:600850) Shares Could Introduce Price Risks After 29% BounceCETC Digital Technology Co.,Ltd. ( SHSE:600850 ) shareholders are no doubt pleased to see that the share price has...
Reported Earnings • Feb 24Full year 2023 earnings released: EPS: CN¥0.72 (vs CN¥0.81 in FY 2022)Full year 2023 results: EPS: CN¥0.72 (down from CN¥0.81 in FY 2022). Revenue: CN¥10.0b (up 1.3% from FY 2022). Net income: CN¥497.0m (down 4.4% from FY 2022). Profit margin: 5.0% (down from 5.3% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 18% p.a. on average during the next 2 years, compared to a 19% growth forecast for the IT industry in China. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Feb 05Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to CN¥15.36, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 20x in the IT industry in China. Total loss to shareholders of 4.9% over the past three years.
Buying Opportunity • Jan 08Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 15%. The fair value is estimated to be CN¥25.68, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.0% over the last 3 years. Earnings per share has grown by 11%. Revenue is forecast to grow by 42% in 2 years. Earnings is forecast to grow by 77% in the next 2 years.
お知らせ • Dec 30CETC Digital Technology Co.,Ltd. to Report Fiscal Year 2023 Results on Apr 02, 2024CETC Digital Technology Co.,Ltd. announced that they will report fiscal year 2023 results on Apr 02, 2024
Reported Earnings • Nov 01Third quarter 2023 earnings released: EPS: CN¥0.21 (vs CN¥0.19 in 3Q 2022)Third quarter 2023 results: EPS: CN¥0.21 (up from CN¥0.19 in 3Q 2022). Revenue: CN¥2.67b (down 1.7% from 3Q 2022). Net income: CN¥146.3m (up 12% from 3Q 2022). Profit margin: 5.5% (up from 4.8% in 3Q 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 20% growth forecast for the IT industry in China. Over the last 3 years on average, earnings per share has increased by 12% per year whereas the company’s share price has increased by 7% per year.
Valuation Update With 7 Day Price Move • Sep 08Investor sentiment improves as stock rises 24%After last week's 24% share price gain to CN¥27.20, the stock trades at a forward P/E ratio of 29x. Average forward P/E is 27x in the IT industry in China. Total returns to shareholders of 46% over the past three years.
Reported Earnings • Aug 26Second quarter 2023 earnings released: EPS: CN¥0.12 (vs CN¥0.16 in 2Q 2022)Second quarter 2023 results: EPS: CN¥0.12 (down from CN¥0.16 in 2Q 2022). Revenue: CN¥2.29b (down 5.0% from 2Q 2022). Net income: CN¥85.1m (down 4.7% from 2Q 2022). Profit margin: 3.7% (in line with 2Q 2022). Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 19% growth forecast for the IT industry in China. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.
お知らせ • Jun 28CETC Digital Technology Co.,Ltd. to Report First Half, 2023 Results on Aug 26, 2023CETC Digital Technology Co.,Ltd. announced that they will report first half, 2023 results on Aug 26, 2023
Reported Earnings • Apr 26First quarter 2023 earnings released: EPS: CN¥0.068 (vs CN¥0.13 in 1Q 2022)First quarter 2023 results: EPS: CN¥0.068 (down from CN¥0.13 in 1Q 2022). Revenue: CN¥1.97b (up 11% from 1Q 2022). Net income: CN¥46.5m (down 35% from 1Q 2022). Profit margin: 2.4% (down from 4.0% in 1Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 23% p.a. on average during the next 2 years, compared to a 19% growth forecast for the IT industry in China. Over the last 3 years on average, earnings per share has increased by 9% per year whereas the company’s share price has increased by 13% per year.
Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 5 non-independent directors. Independent Director Wang Ze Xia was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • Oct 29Third quarter 2022 earnings released: EPS: CN¥0.43 (vs CN¥0.17 in 3Q 2021)Third quarter 2022 results: EPS: CN¥0.43 (up from CN¥0.17 in 3Q 2021). Revenue: CN¥2.71b (up 12% from 3Q 2021). Net income: CN¥130.1m (up 37% from 3Q 2021). Profit margin: 4.8% (up from 3.9% in 3Q 2021). The increase in margin was driven by higher 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 1% per year.
Valuation Update With 7 Day Price Move • Oct 17Investor sentiment improved over the past weekAfter last week's 18% share price gain to CN¥18.75, the stock trades at a trailing P/E ratio of 40.4x. Average trailing P/E is 44x in the IT industry in China. Total returns to shareholders of 3.1% over the past three years.
Board Change • Aug 30Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Wang Ze Xia was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • Aug 28Second quarter 2022 earnings released: EPS: CN¥0.30 (vs CN¥0.17 in 2Q 2021)Second quarter 2022 results: EPS: CN¥0.30. Revenue: CN¥2.41b (down 8.2% from 2Q 2021). Net income: CN¥89.3m (down 7.9% from 2Q 2021). Profit margin: 3.7% (in line with 2Q 2021).
Reported Earnings • Apr 27First quarter 2022 earnings released: EPS: CN¥0.17 (vs CN¥0.16 in 1Q 2021)First quarter 2022 results: EPS: CN¥0.17 (up from CN¥0.16 in 1Q 2021). Revenue: CN¥1.78b (up 13% from 1Q 2021). Net income: CN¥71.7m (up 3.9% from 1Q 2021). Profit margin: 4.0% (down from 4.4% in 1Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 2% per year whereas the company’s share price has fallen by 3% per year.
Board Change • Apr 27Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 10 experienced directors. 1 highly experienced director. 3 independent directors (7 non-independent directors). Independent Director Fanghua Wang was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Buying Opportunity • Apr 08Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 27%. The fair value is estimated to be CN¥30.34, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.3% over the last 3 years, while earnings per share has been flat.
Reported Earnings • Mar 04Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: CN¥0.77 (up from CN¥0.74 in FY 2020). Revenue: CN¥8.96b (up 10% from FY 2020). Net income: CN¥328.9m (up 3.6% from FY 2020). Profit margin: 3.7% (down from 3.9% in FY 2020). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 11% per year, which means it is tracking significantly ahead of earnings growth.
Reported Earnings • Mar 04Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: CN¥0.77 (up from CN¥0.74 in FY 2020). Revenue: CN¥8.96b (up 10% from FY 2020). Net income: CN¥328.9m (up 3.6% from FY 2020). Profit margin: 3.7% (down from 3.9% in FY 2020). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 11% per year, which means it is tracking significantly ahead of earnings growth.
Reported Earnings • Oct 31Third quarter 2021 earnings released: EPS CN¥0.22 (vs CN¥0.22 in 3Q 2020)The company reported a solid third quarter result with improved earnings and revenues, although profit margins were weaker. Third quarter 2021 results: Revenue: CN¥2.43b (up 20% from 3Q 2020). Net income: CN¥94.9m (up 1.3% from 3Q 2020). Profit margin: 3.9% (down from 4.6% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 26% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • Oct 19Investor sentiment improved over the past weekAfter last week's 21% share price gain to CN¥34.49, the stock trades at a forward P/E ratio of 39x. Average forward P/E is 27x in the IT industry in China. Total returns to shareholders of 117% over the past three years.
Reported Earnings • Aug 24Second quarter 2021 earnings released: EPS CN¥0.23 (vs CN¥0.21 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¥2.62b (up 42% from 2Q 2020). Net income: CN¥97.0m (up 9.1% from 2Q 2020). Profit margin: 3.7% (down from 4.8% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has increased by 13% per year, which means it is tracking significantly ahead of earnings growth.
Reported Earnings • May 04First quarter 2021 earnings released: EPS CN¥0.16 (vs CN¥0.15 in 1Q 2020)The company reported a solid first quarter result with improved earnings and revenues, although profit margins were weaker. First quarter 2021 results: Revenue: CN¥1.57b (up 19% from 1Q 2020). Net income: CN¥69.0m (up 7.9% from 1Q 2020). Profit margin: 4.4% (down from 4.8% in 1Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has increased by 9% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • Mar 26Investor sentiment improved over the past weekAfter last week's 25% share price gain to CN¥30.17, the stock trades at a trailing P/E ratio of 40.6x. Average trailing P/E is 50x in the IT industry in China. Total returns to shareholders of 67% over the past three years.
Reported Earnings • Mar 22Full year 2020 earnings released: EPS CN¥0.74 (vs CN¥0.76 in FY 2019)The company reported a soft full year result with weaker earnings and profit margins, although revenues improved. Full year 2020 results: Revenue: CN¥8.13b (up 4.5% from FY 2019). Net income: CN¥317.5m (down 1.3% from FY 2019). Profit margin: 3.9% (down from 4.1% in FY 2019). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has increased by 17% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Mar 05Shanghai East-China Computer Co.,Ltd. to Report Fiscal Year 2020 Results on Mar 30, 2021Shanghai East-China Computer Co.,Ltd. announced that they will report fiscal year 2020 results on Mar 30, 2021
お知らせ • Feb 10Nanchang Shengxiu Network Technology Co., Ltd. signed the property transaction contract to acquire 24.9% stake in Shanghai Qiming Software Co., Ltd fromShanghai East-China Computer Co.,Ltd. (SHSE:600850), Shanghai Huaxun Network System Co., Ltd. and ECData Infomation Technology Co.,Ltd. for CNY 3.74 million.Nanchang Shengxiu Network Technology Co., Ltd. signed the property transaction contract to acquire 24.9% stake in Shanghai Qiming Software Co., Ltd from Shanghai East-China Computer Co.,Ltd. (SHSE:600850), Shanghai Huaxun Network System Co., Ltd. and ECData Infomation Technology Co.,Ltd. for CNY 3.74 million recently. ShanghaiEast-ChinaComputer Co., Ltd. held the 16th meeting of the 9th session of the board of directors on December 14, 2020, and reviewed and approved the transaction.
Is New 90 Day High Low • Feb 04New 90-day low: CN¥23.10The company is down 7.0% from its price of CN¥24.76 on 06 November 2020. The Chinese market is up 5.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the IT industry, which is down 27% over the same period.
Is New 90 Day High Low • Jan 18New 90-day high: CN¥28.20The company is up 14% from its price of CN¥24.83 on 20 October 2020. The Chinese market is up 7.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the IT industry, which is down 26% over the same period.
Is New 90 Day High Low • Dec 29New 90-day high: CN¥26.32The company is up 9.0% from its price of CN¥24.11 on 30 September 2020. The Chinese market is up 5.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the IT industry, which is down 24% over the same period.
Reported Earnings • Nov 01Third quarter earnings releasedOver the last 12 months the company has reported total profits of CN¥307.6m, down 1.0% from the prior year. Total revenue was CN¥7.79b over the last 12 months, up 3.3% from the prior year.
お知らせ • Oct 30Shanghai East-China Computer Co.,Ltd. to Report Q3, 2020 Results on Oct 31, 2020Shanghai East-China Computer Co.,Ltd. announced that they will report Q3, 2020 results on Oct 31, 2020
Is New 90 Day High Low • Oct 24New 90-day low: CN¥24.07The company is down 8.0% from its price of CN¥26.10 on 24 July 2020. The Chinese market is up 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the IT industry, which is down 2.0% over the same period.
お知らせ • Jul 17Shanghai East-China Computer Co.,Ltd. to Report First Half, 2020 Results on Aug 29, 2020Shanghai East-China Computer Co.,Ltd. announced that they will report first half, 2020 results on Aug 29, 2020