View Future GrowthBeijing Trust & Far TechnologyLtd 過去の業績過去 基準チェック /26Beijing Trust & Far TechnologyLtdの収益は年間平均-42.2%の割合で減少していますが、 IT業界の収益は年間 減少しています。収益は年間4.9% 9.8%割合で 減少しています。 Beijing Trust & Far TechnologyLtdの自己資本利益率は3.1%であり、純利益率は2.9%です。主要情報-42.22%収益成長率-42.43%EPS成長率IT 業界の成長7.47%収益成長率-9.83%株主資本利益率3.08%ネット・マージン2.88%前回の決算情報31 Mar 2026最近の業績更新Reported Earnings • Apr 25Full year 2025 earnings released: EPS: CN¥0.14 (vs CN¥0.28 loss in FY 2024)Full year 2025 results: EPS: CN¥0.14 (up from CN¥0.28 loss in FY 2024). Revenue: CN¥1.86b (up 16% from FY 2024). Net income: CN¥60.8m (up CN¥178.8m from FY 2024). Profit margin: 3.3% (up from net loss in FY 2024). The move to profitability was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 95 percentage points per year, which is a significant difference in performance.お知らせ • Mar 31Beijing Trust & Far Technology Co.,Ltd to Report Q1, 2026 Results on Apr 25, 2026Beijing Trust & Far Technology Co.,Ltd announced that they will report Q1, 2026 results on Apr 25, 2026お知らせ • Dec 31Beijing Trust & Far Technology Co.,Ltd to Report Fiscal Year 2025 Results on Apr 25, 2026Beijing Trust & Far Technology Co.,Ltd announced that they will report fiscal year 2025 results on Apr 25, 2026Reported Earnings • Nov 03Third quarter 2025 earnings released: EPS: CN¥0.009 (vs CN¥0.025 in 3Q 2024)Third quarter 2025 results: EPS: CN¥0.009 (down from CN¥0.025 in 3Q 2024). Revenue: CN¥423.9m (up 13% from 3Q 2024). Net income: CN¥3.78m (down 64% from 3Q 2024). Profit margin: 0.9% (down from 2.8% in 3Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 110 percentage points per year, which is a significant difference in performance.お知らせ • Sep 30Beijing Trust&Far Technology CO.,LTD to Report Q3, 2025 Results on Oct 30, 2025Beijing Trust&Far Technology CO.,LTD announced that they will report Q3, 2025 results on Oct 30, 2025Reported Earnings • Aug 27Second quarter 2025 earnings released: EPS: CN¥0.06 (vs CN¥0.057 in 2Q 2024)Second quarter 2025 results: EPS: CN¥0.06 (up from CN¥0.057 in 2Q 2024). Revenue: CN¥373.9m (down 7.5% from 2Q 2024). Net income: CN¥26.8m (up 13% from 2Q 2024). Profit margin: 7.2% (up from 5.9% in 2Q 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 106 percentage points per year, which is a significant difference in performance.すべての更新を表示Recent updatesDeclared Dividend • 2hDividend increased to CN¥0.15Dividend of CN¥0.15 is 50% higher than last year. Ex-date: 27th May 2026 Payment date: 27th May 2026 Dividend yield will be 1.4%, which is higher than the industry average of 0.8%. Sustainability & Growth Dividend is not covered by earnings (129% earnings payout ratio). However, it is well covered by cash flows (24% cash payout ratio). The dividend has increased by an average of 4.3% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 44% to bring the payout ratio under control. However, EPS has declined by 22% over the last 5 years so the company would need to reverse this trend.New Risk • May 03New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 7.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 42% per year over the past 5 years. Minor Risks Paying a dividend despite being loss-making. Share price has been volatile over the past 3 months (7.9% average weekly change).Reported Earnings • Apr 25Full year 2025 earnings released: EPS: CN¥0.14 (vs CN¥0.28 loss in FY 2024)Full year 2025 results: EPS: CN¥0.14 (up from CN¥0.28 loss in FY 2024). Revenue: CN¥1.86b (up 16% from FY 2024). Net income: CN¥60.8m (up CN¥178.8m from FY 2024). Profit margin: 3.3% (up from net loss in FY 2024). The move to profitability was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 95 percentage points per year, which is a significant difference in performance.お知らせ • Apr 25Beijing Trust & Far Technology Co.,Ltd, Annual General Meeting, May 18, 2026Beijing Trust & Far Technology Co.,Ltd, Annual General Meeting, May 18, 2026, at 14:30 China Standard Time. Location: The Company's Meeting Room, Beijing Chinaお知らせ • Mar 31Beijing Trust & Far Technology Co.,Ltd to Report Q1, 2026 Results on Apr 25, 2026Beijing Trust & Far Technology Co.,Ltd announced that they will report Q1, 2026 results on Apr 25, 2026お知らせ • Dec 31Beijing Trust & Far Technology Co.,Ltd to Report Fiscal Year 2025 Results on Apr 25, 2026Beijing Trust & Far Technology Co.,Ltd announced that they will report fiscal year 2025 results on Apr 25, 2026Reported Earnings • Nov 03Third quarter 2025 earnings released: EPS: CN¥0.009 (vs CN¥0.025 in 3Q 2024)Third quarter 2025 results: EPS: CN¥0.009 (down from CN¥0.025 in 3Q 2024). Revenue: CN¥423.9m (up 13% from 3Q 2024). Net income: CN¥3.78m (down 64% from 3Q 2024). Profit margin: 0.9% (down from 2.8% in 3Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 110 percentage points per year, which is a significant difference in performance.お知らせ • Sep 30Beijing Trust&Far Technology CO.,LTD to Report Q3, 2025 Results on Oct 30, 2025Beijing Trust&Far Technology CO.,LTD announced that they will report Q3, 2025 results on Oct 30, 2025Reported Earnings • Aug 27Second quarter 2025 earnings released: EPS: CN¥0.06 (vs CN¥0.057 in 2Q 2024)Second quarter 2025 results: EPS: CN¥0.06 (up from CN¥0.057 in 2Q 2024). Revenue: CN¥373.9m (down 7.5% from 2Q 2024). Net income: CN¥26.8m (up 13% from 2Q 2024). Profit margin: 7.2% (up from 5.9% in 2Q 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 106 percentage points per year, which is a significant difference in performance.Buy Or Sell Opportunity • Aug 15Now 23% overvalued after recent price riseOver the last 90 days, the stock has risen 14% to CN¥12.94. The fair value is estimated to be CN¥10.56, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 14% over the last 3 years. Meanwhile, the company became loss making.Buy Or Sell Opportunity • Jul 28Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 17% to CN¥12.90. The fair value is estimated to be CN¥10.75, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 14% over the last 3 years. Meanwhile, the company became loss making.お知らせ • Jul 02Beijing Trust&Far Technology CO.,LTD to Report First Half, 2025 Results on Aug 27, 2025Beijing Trust&Far Technology CO.,LTD announced that they will report first half, 2025 results on Aug 27, 2025Board Change • Jun 09Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Director Hua Zhou was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Declared Dividend • May 23Dividend reduced to CN¥0.10Dividend of CN¥0.10 is 50% lower than last year. Ex-date: 27th May 2025 Payment date: 27th May 2025 Dividend yield will be 0.9%, which is about the same as the industry average. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months. However, the dividend is covered by cash flows (89% cash payout ratio). The dividend has increased by an average of 10% per year over the past 10 years. However, payments have been volatile during that time.お知らせ • Apr 25Beijing Trust&Far Technology Co.,Ltd Proposes Final Cash Dividend for 2024Beijing Trust&Far Technology CO.,LTD proposed final cash dividend of CNY 1.00000000 per ten shares (tax included) for 2024.Reported Earnings • Apr 24First quarter 2025 earnings released: EPS: CN¥0.05 (vs CN¥0.04 in 1Q 2024)First quarter 2025 results: EPS: CN¥0.05 (up from CN¥0.04 in 1Q 2024). Revenue: CN¥464.3m (up 23% from 1Q 2024). Net income: CN¥22.1m (up 33% from 1Q 2024). Profit margin: 4.8% (up from 4.4% in 1Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 85 percentage points per year, which is a significant difference in performance.お知らせ • Apr 24Beijing Trust&Far Technology CO.,LTD, Annual General Meeting, May 15, 2025Beijing Trust&Far Technology CO.,LTD, Annual General Meeting, May 15, 2025, at 14:30 China Standard Time. Location: The Company's Meeting Room, Beijing ChinaNew Risk • Apr 07New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Chinese stocks, typically moving 10.0% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (10.0% average weekly change). Dividend is not well covered by earnings and cash flows. Payout ratio: 222% Paying a dividend despite having no free cash flows. Earnings have declined by 7.6% per year over the past 5 years. Minor Risk Profit margins are more than 30% lower than last year (2.3% net profit margin).お知らせ • Mar 31Beijing Trust&Far Technology CO.,LTD to Report Q1, 2025 Results on Apr 24, 2025Beijing Trust&Far Technology CO.,LTD announced that they will report Q1, 2025 results on Apr 24, 2025分析記事 • Feb 26There's No Escaping Beijing Trust&Far Technology CO.,LTD's (SZSE:300231) Muted Revenues Despite A 32% Share Price RiseBeijing Trust&Far Technology CO.,LTD ( SZSE:300231 ) shareholders would be excited to see that the share price has had...分析記事 • Feb 09Is Beijing Trust&Far TechnologyLTD (SZSE:300231) A Risky Investment?David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...お知らせ • Dec 31Beijing Trust&Far Technology CO.,LTD to Report Fiscal Year 2024 Results on Apr 24, 2025Beijing Trust&Far Technology CO.,LTD announced that they will report fiscal year 2024 results on Apr 24, 2025分析記事 • Dec 24Investors Could Be Concerned With Beijing Trust&Far TechnologyLTD's (SZSE:300231) Returns On CapitalIf we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...分析記事 • Dec 02Revenues Not Telling The Story For Beijing Trust&Far Technology CO.,LTD (SZSE:300231) After Shares Rise 34%Despite an already strong run, Beijing Trust&Far Technology CO.,LTD ( SZSE:300231 ) shares have been powering on, with...New Risk • Nov 18New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 5.0% 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. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (13% average weekly change). Dividend is not well covered by earnings and cash flows. Payout ratio: 222% Paying a dividend despite having no free cash flows. Earnings have declined by 7.6% per year over the past 5 years. Minor Risks Profit margins are more than 30% lower than last year (2.3% net profit margin). Shareholders have been diluted in the past year (5.0% increase in shares outstanding).分析記事 • Nov 05Some Investors May Be Willing To Look Past Beijing Trust&Far TechnologyLTD's (SZSE:300231) Soft EarningsInvestors were disappointed with the weak earnings posted by Beijing Trust&Far Technology CO.,LTD ( SZSE:300231...分析記事 • Oct 30Beijing Trust&Far TechnologyLTD (SZSE:300231) Has A Somewhat Strained Balance SheetDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...Reported Earnings • Oct 30Third quarter 2024 earnings released: EPS: CN¥0.025 (vs CN¥0.094 in 3Q 2023)Third quarter 2024 results: EPS: CN¥0.025 (down from CN¥0.094 in 3Q 2023). Revenue: CN¥376.3m (down 17% from 3Q 2023). Net income: CN¥10.5m (down 73% from 3Q 2023). Profit margin: 2.8% (down from 8.7% in 3Q 2023). The decrease in margin was driven by lower revenue. 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 17% per year, which means it is well ahead of earnings.Buy Or Sell Opportunity • Oct 16Now 30% overvalued after recent price riseOver the last 90 days, the stock has risen 84% to CN¥12.37. The fair value is estimated to be CN¥9.55, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 11% over the last 3 years. Earnings per share has declined by 19%.Valuation Update With 7 Day Price Move • Oct 15Investor sentiment deteriorates as stock falls 20%After last week's 20% share price decline to CN¥11.39, the stock trades at a trailing P/E ratio of 71.7x. Average trailing P/E is 62x in the IT industry in China. Total returns to shareholders of 49% over the past three years.お知らせ • Sep 30Beijing Trust&Far Technology CO.,LTD to Report Q3, 2024 Results on Oct 30, 2024Beijing Trust&Far Technology CO.,LTD announced that they will report Q3, 2024 results on Oct 30, 2024Buy Or Sell Opportunity • Sep 30Now 25% overvalued after recent price riseOver the last 90 days, the stock has risen 57% to CN¥11.82. The fair value is estimated to be CN¥9.45, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 11% over the last 3 years. Earnings per share has declined by 19%.Valuation Update With 7 Day Price Move • Sep 27Investor sentiment improves as stock rises 23%After last week's 23% share price gain to CN¥9.85, the stock trades at a trailing P/E ratio of 62x. Average trailing P/E is 55x in the IT industry in China. Total returns to shareholders of 32% over the past three years.Buy Or Sell Opportunity • Sep 02Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 3.6% to CN¥7.28. The fair value is estimated to be CN¥9.26, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 11% over the last 3 years. Earnings per share has declined by 19%.Reported Earnings • Aug 30Second quarter 2024 earnings released: EPS: CN¥0.057 (vs CN¥0.14 in 2Q 2023)Second quarter 2024 results: EPS: CN¥0.057 (down from CN¥0.14 in 2Q 2023). Revenue: CN¥404.2m (down 26% from 2Q 2023). Net income: CN¥23.8m (down 60% from 2Q 2023). Profit margin: 5.9% (down from 11% in 2Q 2023). Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings.お知らせ • Jul 02Beijing Trust&Far Technology CO.,LTD Approves Board AppointmentsBeijing Trust&Far Technology CO.,LTD announced at the EGM held on June 28, 2024, approved election of Sun Yanning as non-independent director; Zhou Hua as independent director.お知らせ • Jun 29Beijing Trust&Far Technology CO.,LTD to Report First Half, 2024 Results on Aug 30, 2024Beijing Trust&Far Technology CO.,LTD announced that they will report first half, 2024 results on Aug 30, 2024分析記事 • May 26Beijing Trust&Far TechnologyLTD (SZSE:300231) Has Announced A Dividend Of CN¥0.20The board of Beijing Trust&Far Technology CO.,LTD ( SZSE:300231 ) has announced that it will pay a dividend of CN¥0.20...Declared Dividend • May 24Dividend of CN¥0.20 announcedDividend of CN¥0.20 is the same as last year. Ex-date: 28th May 2024 Payment date: 28th May 2024 Dividend yield will be 2.5%, which is higher than the industry average of 0.8%. Sustainability & Growth Dividend is covered by both earnings (82% earnings payout ratio) and cash flows (21% cash payout ratio). The dividend has increased by an average of 18% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. The company's earnings per share (EPS) would need to decline by 8.8% to shift the payout ratio to a potentially unsustainable range, which is more than the 2.1% EPS decline seen over the last 5 years.分析記事 • Apr 30Why Beijing Trust&Far TechnologyLTD's (SZSE:300231) Shaky Earnings Are Just The Beginning Of Its ProblemsBeijing Trust&Far Technology CO.,LTD's ( SZSE:300231 ) recent weak earnings report didn't cause a big stock movement...お知らせ • Apr 24Beijing Trust&Far Technology CO.,LTD, Annual General Meeting, May 15, 2024Beijing Trust&Far Technology CO.,LTD, Annual General Meeting, May 15, 2024, at 14:30 China Standard Time. Location: The Company's Meeting Room, Beijing ChinaReported Earnings • Apr 24First quarter 2024 earnings released: EPS: CN¥0.04 (vs CN¥0.049 in 1Q 2023)First quarter 2024 results: EPS: CN¥0.04 (down from CN¥0.049 in 1Q 2023). Revenue: CN¥376.6m (down 19% from 1Q 2023). Net income: CN¥16.6m (down 21% from 1Q 2023). Profit margin: 4.4% (down from 4.5% in 1Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.お知らせ • Mar 30Beijing Trust&Far Technology CO.,LTD to Report Q1, 2024 Results on Apr 24, 2024Beijing Trust&Far Technology CO.,LTD announced that they will report Q1, 2024 results on Apr 24, 2024Valuation Update With 7 Day Price Move • Mar 06Investor sentiment improves as stock rises 15%After last week's 15% share price gain to CN¥9.66, the stock trades at a trailing P/E ratio of 26.9x. Average trailing P/E is 55x in the IT industry in China. Total returns to shareholders of 34% over the past three years.分析記事 • Mar 04Beijing Trust&Far Technology CO.,LTD (SZSE:300231) Surges 26% Yet Its Low P/E Is No Reason For ExcitementThose holding Beijing Trust&Far Technology CO.,LTD ( SZSE:300231 ) shares would be relieved that the share price has...分析記事 • Feb 27Is Beijing Trust&Far TechnologyLTD (SZSE:300231) A Risky Investment?Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...Valuation Update With 7 Day Price Move • Feb 20Investor sentiment improves as stock rises 21%After last week's 21% share price gain to CN¥8.88, the stock trades at a trailing P/E ratio of 24.7x. Average trailing P/E is 45x in the IT industry in China. Total returns to shareholders of 23% over the past three years.Valuation Update With 7 Day Price Move • Feb 02Investor sentiment deteriorates as stock falls 20%After last week's 20% share price decline to CN¥7.16, the stock trades at a trailing P/E ratio of 19.9x. Average trailing P/E is 46x in the IT industry in China. Total returns to shareholders of 5.7% over the past three years.お知らせ • Dec 30Beijing Trust&Far Technology CO.,LTD to Report Fiscal Year 2023 Results on Apr 24, 2024Beijing Trust&Far Technology CO.,LTD announced that they will report fiscal year 2023 results on Apr 24, 2024Buying Opportunity • Nov 24Now 24% undervaluedOver the last 90 days, the stock is up 22%. The fair value is estimated to be CN¥14.59, however this is not to be taken as a buy recommendation but rather should be used as a guide only.Buying Opportunity • Nov 01Now 22% undervaluedOver the last 90 days, the stock is up 31%. The fair value is estimated to be CN¥15.10, however this is not to be taken as a buy recommendation but rather should be used as a guide only.Reported Earnings • Oct 29Third quarter 2023 earnings released: EPS: CN¥0.094 (vs CN¥0.12 in 3Q 2022)Third quarter 2023 results: EPS: CN¥0.094 (down from CN¥0.12 in 3Q 2022). Revenue: CN¥454.0m (down 22% from 3Q 2022). Net income: CN¥39.5m (down 24% from 3Q 2022). Profit margin: 8.7% (down from 9.0% in 3Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has remained flat and the company’s share price has also remained flat.お知らせ • Sep 30Beijing Trust&Far Technology CO.,LTD to Report Q3, 2023 Results on Oct 28, 2023Beijing Trust&Far Technology CO.,LTD announced that they will report Q3, 2023 results on Oct 28, 2023Valuation Update With 7 Day Price Move • Sep 08Investor sentiment improves as stock rises 22%After last week's 22% share price gain to CN¥12.90, the stock trades at a trailing P/E ratio of 33.1x. Average trailing P/E is 64x in the IT industry in China. Total returns to shareholders of 33% over the past three years.Reported Earnings • Aug 30Second quarter 2023 earnings released: EPS: CN¥0.14 (vs CN¥0.16 in 2Q 2022)Second quarter 2023 results: EPS: CN¥0.14 (down from CN¥0.16 in 2Q 2022). Revenue: CN¥549.0m (up 18% from 2Q 2022). Net income: CN¥58.9m (down 12% from 2Q 2022). Profit margin: 11% (down from 14% in 2Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 3% per year whereas the company’s share price has fallen by 2% per year.Valuation Update With 7 Day Price Move • Jul 14Investor sentiment improves as stock rises 27%After last week's 27% share price gain to CN¥10.82, the stock trades at a trailing P/E ratio of 26.5x. Average trailing P/E is 57x in the IT industry in China. Total returns to shareholders of 29% over the past three years.お知らせ • May 12Beijing Trust&Far Technology Co.,Ltd Implements Final Profit Distribution Plan of A Shares for 2022, Payable on 17 May 2023Beijing Trust&Far Technology CO.,LTD implemented 2022 final profit distribution plan to be implemented (A shares): Cash dividend/10 shares (tax included): CNY 2.00000000. Record date: 16 May 2023, Ex-date: 17 May 2023, Payment date: 17 May 2023.お知らせ • May 06Beijing Trust&Far Technology Announces Cash Dividend for 2022Beijing Trust&Far Technology CO.,LTD announced the at the AGM held on May 4, 2023 cash dividend (tax included) of CNY 2.00000000 per 10 shares for 2022.Valuation Update With 7 Day Price Move • Apr 26Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to CN¥8.64, the stock trades at a trailing P/E ratio of 20.8x. Average trailing P/E is 61x in the IT industry in China. Total returns to shareholders of 12% over the past three years.Reported Earnings • Apr 12Full year 2022 earnings released: EPS: CN¥0.41 (vs CN¥0.41 in FY 2021)Full year 2022 results: EPS: CN¥0.41 (up from CN¥0.41 in FY 2021). Revenue: CN¥2.42b (up 3.2% from FY 2021). Net income: CN¥173.8m (up 2.0% from FY 2021). Profit margin: 7.2% (down from 7.3% in FY 2021). The decrease in margin was driven by higher expenses. 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 10% per year.Valuation Update With 7 Day Price Move • Mar 14Investor sentiment improves as stock rises 19%After last week's 19% share price gain to CN¥10.07, the stock trades at a trailing P/E ratio of 25x. Average trailing P/E is 60x in the IT industry in China. Total returns to shareholders of 30% over the past three years.Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Director Zhenping Hao 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 28Third quarter 2022 earnings released: EPS: CN¥0.12 (vs CN¥0.12 in 3Q 2021)Third quarter 2022 results: EPS: CN¥0.12 (up from CN¥0.12 in 3Q 2021). Revenue: CN¥583.0m (up 6.4% from 3Q 2021). Net income: CN¥52.2m (up 7.6% from 3Q 2021). Profit margin: 9.0% (up from 8.8% 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 9% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.Reported Earnings • Aug 26Second quarter 2022 earnings released: EPS: CN¥0.16 (vs CN¥0.17 in 2Q 2021)Second quarter 2022 results: EPS: CN¥0.16 (down from CN¥0.17 in 2Q 2021). Revenue: CN¥465.6m (down 30% from 2Q 2021). Net income: CN¥66.9m (down 8.6% from 2Q 2021). Profit margin: 14% (up from 11% in 2Q 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.お知らせ • May 08Beijing Trust&Far Technology CO.,LTD Approves Profit Distribution for 2021Beijing Trust&Far Technology CO.,LTD approved profit distribution for 2021 with cash dividend (tax included) of CNY 2.00000000 per 10 shares, at the annual general meeting of 2021, April 29, 2022.Reported Earnings • Apr 28First quarter 2022 earnings: EPS and revenues miss analyst expectationsFirst quarter 2022 results: EPS: CN¥0.057 (up from CN¥0.053 in 1Q 2021). Revenue: CN¥658.8m (up 20% from 1Q 2021). Net income: CN¥23.7m (up 6.3% from 1Q 2021). Profit margin: 3.6% (down from 4.1% in 1Q 2021). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 40%. Earnings per share (EPS) also missed analyst estimates by 27%. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.Board Change • Apr 27High number of new and inexperienced directorsThere are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. 2 experienced directors. No highly experienced directors. Independent Director Zhenping Hao is the most experienced director on the board, commencing their role in 2021. 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 • Apr 13Beijing Trust&Far Technology CO.,LTD, Annual General Meeting, Apr 29, 2022Beijing Trust&Far Technology CO.,LTD, Annual General Meeting, Apr 29, 2022, at 14:30 China Standard Time. Agenda: To consider 2021 work report of the board of directors; to consider 2021 work report of the supervisory committee; to consider2021 annual report and its summary; to consider2021 annual accounts; to consider2021 profit distribution plan; to consider Reappointment of 2022 audit firm; to consider Amendments to the articles of associations of the Company; to consider Amendments to the rules of procedure governing the general meeting of shareholders.お知らせ • Apr 12Beijing Trust&Far Technology CO.,LTD Proposes Final Dividend for 2021Beijing Trust&Far Technology CO.,LTD proposed profit distribution for 2021 with cash dividend (tax included) of CNY 2.00000000 per 10 shares.Reported Earnings • Apr 10Full year 2021 earnings: EPS and revenues miss analyst expectationsFull year 2021 results: EPS: CN¥0.41 (up from CN¥0.39 in FY 2020). Revenue: CN¥2.35b (up 1.4% from FY 2020). Net income: CN¥170.3m (up 4.7% from FY 2020). Profit margin: 7.3% (up from 7.0% in FY 2020). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 40%. Earnings per share (EPS) also missed analyst estimates by 27%. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.Reported Earnings • Oct 31Third quarter 2021 earnings released: EPS CN¥0.12 (vs CN¥0.12 in 3Q 2020)The company reported a mediocre third quarter result with weaker earnings, although profit margins were flat and revenues improved. Third quarter 2021 results: Revenue: CN¥548.1m (up 5.5% from 3Q 2020). Net income: CN¥48.5m (down 3.1% from 3Q 2020). Profit margin: 8.8% (in line with 3Q 2020). Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.Reported Earnings • Aug 27Second quarter 2021 earnings released: EPS CN¥0.17 (vs CN¥0.16 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¥667.9m (up 26% from 2Q 2020). Net income: CN¥73.1m (up 8.1% from 2Q 2020). Profit margin: 11% (down from 13% 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 9% per year whereas the company’s share price has increased by 7% per year.Reported Earnings • Apr 21First quarter 2021 earnings released: EPS CN¥0.053 (vs CN¥0.047 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¥548.8m (up 45% from 1Q 2020). Net income: CN¥22.3m (up 13% from 1Q 2020). Profit margin: 4.1% (down from 5.2% 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 6% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings.Reported Earnings • Mar 12Full year 2020 earnings released: EPS CN¥0.39 (vs CN¥0.32 in FY 2019)The company reported a solid full year result with improved earnings and revenues, although profit margins were weaker. Full year 2020 results: Revenue: CN¥2.32b (up 50% from FY 2019). Net income: CN¥162.6m (up 20% from FY 2019). Profit margin: 7.0% (down from 8.8% 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 4% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings.お知らせ • Mar 04Beijing Trust&Far Technology CO.,LTD to Report Fiscal Year 2020 Results on Apr 15, 2021Beijing Trust&Far Technology CO.,LTD announced that they will report fiscal year 2020 results on Apr 15, 2021Is New 90 Day High Low • Feb 02New 90-day low: CN¥7.95The company is down 28% from its price of CN¥11.10 on 04 November 2020. The Chinese market is up 6.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the IT industry, which is down 25% over the same period.Is New 90 Day High Low • Dec 28New 90-day low: CN¥8.50The company is down 16% from its price of CN¥10.11 on 29 September 2020. The Chinese market is up 6.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the IT industry, which is down 22% over the same period.Is New 90 Day High Low • Dec 10New 90-day low: CN¥9.65The company is down 8.0% from its price of CN¥10.53 on 11 September 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 13% over the same period.Is New 90 Day High Low • Nov 25New 90-day low: CN¥9.93The company is down 9.0% from its price of CN¥10.93 on 27 August 2020. The Chinese market is up 1.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the IT industry, which is down 11% over the same period.Reported Earnings • Oct 29Third quarter earnings releasedOver the last 12 months the company has reported total profits of CN¥157.1m, up 23% from the prior year. Total revenue was CN¥1.98b over the last 12 months, up 44% from the prior year.お知らせ • Aug 11Beijing Trust&Far Technology CO.,LTD to Report First Half, 2020 Results on Aug 27, 2020Beijing Trust&Far Technology CO.,LTD announced that they will report first half, 2020 results on Aug 27, 2020収支内訳Beijing Trust & Far TechnologyLtd の稼ぎ方とお金の使い方。LTMベースの直近の報告された収益に基づく。収益と収入の歴史SZSE:300231 収益、費用、利益 ( )CNY Millions日付収益収益G+A経費研究開発費31 Mar 261,787521506631 Dec 251,863611647630 Sep 251,715-1163647330 Jun 251,667-1103488131 Mar 251,697-1133708031 Dec 241,610-1181857630 Sep 241,664381795830 Jun 241,742671927731 Mar 241,8861021957431 Dec 231,9761061988930 Sep 232,1851511918830 Jun 232,3141631898331 Mar 232,2311711719501 Jan 232,4231741798930 Sep 222,29116919115430 Jun 222,25616520212031 Mar 222,45917221910301 Jan 222,3491702168530 Sep 212,6541692236130 Jun 212,6251712256031 Mar 212,4881652105831 Dec 202,3171632025830 Sep 201,9811571834830 Jun 201,8031511625031 Mar 201,5871361565131 Dec 191,5421351555130 Sep 191,3791281484730 Jun 191,2801181484731 Mar 191,3011121614731 Dec 181,2201131524530 Sep 181,1581341185730 Jun 181,1141271175131 Mar 181,0101241154431 Dec 179341231143730 Sep 17967117153030 Jun 171,073121154031 Mar 171,037119153031 Dec 161,050116143030 Sep 16896112127030 Jun 16769100119031 Mar 1672688111031 Dec 1567183115030 Sep 1563977107030 Jun 1554370970質の高い収益: 300231は 高品質の収益 を持っています。利益率の向上: 300231過去に利益を上げました。フリー・キャッシュフローと収益の比較過去の収益成長分析収益動向: 300231の収益は過去 5 年間で年間42.2%減少しました。成長の加速: 300231は昨年収益を上げたため、収益成長率を 5 年間の平均と比較することは困難です。収益対業界: 300231昨年収益を上げたため、昨年の収益成長をIT業界 ( -5.2% ) と比較することは困難です。株主資本利益率高いROE: 300231の 自己資本利益率 ( 3.1% ) は 低い とみなされます。総資産利益率使用総資本利益率過去の好業績企業の発掘7D1Y7D1Y7D1YSoftware 、過去の業績が好調な企業。View Financial Health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2026/05/23 23:09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Beijing Trust & Far 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Jian FuEverbright Securities Co. Ltd.Guoping JiangEverbright Securities Co. Ltd.Yuming YuanIndustrial Securities Co. Ltd.
Reported Earnings • Apr 25Full year 2025 earnings released: EPS: CN¥0.14 (vs CN¥0.28 loss in FY 2024)Full year 2025 results: EPS: CN¥0.14 (up from CN¥0.28 loss in FY 2024). Revenue: CN¥1.86b (up 16% from FY 2024). Net income: CN¥60.8m (up CN¥178.8m from FY 2024). Profit margin: 3.3% (up from net loss in FY 2024). The move to profitability was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 95 percentage points per year, which is a significant difference in performance.
お知らせ • Mar 31Beijing Trust & Far Technology Co.,Ltd to Report Q1, 2026 Results on Apr 25, 2026Beijing Trust & Far Technology Co.,Ltd announced that they will report Q1, 2026 results on Apr 25, 2026
お知らせ • Dec 31Beijing Trust & Far Technology Co.,Ltd to Report Fiscal Year 2025 Results on Apr 25, 2026Beijing Trust & Far Technology Co.,Ltd announced that they will report fiscal year 2025 results on Apr 25, 2026
Reported Earnings • Nov 03Third quarter 2025 earnings released: EPS: CN¥0.009 (vs CN¥0.025 in 3Q 2024)Third quarter 2025 results: EPS: CN¥0.009 (down from CN¥0.025 in 3Q 2024). Revenue: CN¥423.9m (up 13% from 3Q 2024). Net income: CN¥3.78m (down 64% from 3Q 2024). Profit margin: 0.9% (down from 2.8% in 3Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 110 percentage points per year, which is a significant difference in performance.
お知らせ • Sep 30Beijing Trust&Far Technology CO.,LTD to Report Q3, 2025 Results on Oct 30, 2025Beijing Trust&Far Technology CO.,LTD announced that they will report Q3, 2025 results on Oct 30, 2025
Reported Earnings • Aug 27Second quarter 2025 earnings released: EPS: CN¥0.06 (vs CN¥0.057 in 2Q 2024)Second quarter 2025 results: EPS: CN¥0.06 (up from CN¥0.057 in 2Q 2024). Revenue: CN¥373.9m (down 7.5% from 2Q 2024). Net income: CN¥26.8m (up 13% from 2Q 2024). Profit margin: 7.2% (up from 5.9% in 2Q 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 106 percentage points per year, which is a significant difference in performance.
Declared Dividend • 2hDividend increased to CN¥0.15Dividend of CN¥0.15 is 50% higher than last year. Ex-date: 27th May 2026 Payment date: 27th May 2026 Dividend yield will be 1.4%, which is higher than the industry average of 0.8%. Sustainability & Growth Dividend is not covered by earnings (129% earnings payout ratio). However, it is well covered by cash flows (24% cash payout ratio). The dividend has increased by an average of 4.3% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 44% to bring the payout ratio under control. However, EPS has declined by 22% over the last 5 years so the company would need to reverse this trend.
New Risk • May 03New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 7.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 42% per year over the past 5 years. Minor Risks Paying a dividend despite being loss-making. Share price has been volatile over the past 3 months (7.9% average weekly change).
Reported Earnings • Apr 25Full year 2025 earnings released: EPS: CN¥0.14 (vs CN¥0.28 loss in FY 2024)Full year 2025 results: EPS: CN¥0.14 (up from CN¥0.28 loss in FY 2024). Revenue: CN¥1.86b (up 16% from FY 2024). Net income: CN¥60.8m (up CN¥178.8m from FY 2024). Profit margin: 3.3% (up from net loss in FY 2024). The move to profitability was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 95 percentage points per year, which is a significant difference in performance.
お知らせ • Apr 25Beijing Trust & Far Technology Co.,Ltd, Annual General Meeting, May 18, 2026Beijing Trust & Far Technology Co.,Ltd, Annual General Meeting, May 18, 2026, at 14:30 China Standard Time. Location: The Company's Meeting Room, Beijing China
お知らせ • Mar 31Beijing Trust & Far Technology Co.,Ltd to Report Q1, 2026 Results on Apr 25, 2026Beijing Trust & Far Technology Co.,Ltd announced that they will report Q1, 2026 results on Apr 25, 2026
お知らせ • Dec 31Beijing Trust & Far Technology Co.,Ltd to Report Fiscal Year 2025 Results on Apr 25, 2026Beijing Trust & Far Technology Co.,Ltd announced that they will report fiscal year 2025 results on Apr 25, 2026
Reported Earnings • Nov 03Third quarter 2025 earnings released: EPS: CN¥0.009 (vs CN¥0.025 in 3Q 2024)Third quarter 2025 results: EPS: CN¥0.009 (down from CN¥0.025 in 3Q 2024). Revenue: CN¥423.9m (up 13% from 3Q 2024). Net income: CN¥3.78m (down 64% from 3Q 2024). Profit margin: 0.9% (down from 2.8% in 3Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 110 percentage points per year, which is a significant difference in performance.
お知らせ • Sep 30Beijing Trust&Far Technology CO.,LTD to Report Q3, 2025 Results on Oct 30, 2025Beijing Trust&Far Technology CO.,LTD announced that they will report Q3, 2025 results on Oct 30, 2025
Reported Earnings • Aug 27Second quarter 2025 earnings released: EPS: CN¥0.06 (vs CN¥0.057 in 2Q 2024)Second quarter 2025 results: EPS: CN¥0.06 (up from CN¥0.057 in 2Q 2024). Revenue: CN¥373.9m (down 7.5% from 2Q 2024). Net income: CN¥26.8m (up 13% from 2Q 2024). Profit margin: 7.2% (up from 5.9% in 2Q 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 106 percentage points per year, which is a significant difference in performance.
Buy Or Sell Opportunity • Aug 15Now 23% overvalued after recent price riseOver the last 90 days, the stock has risen 14% to CN¥12.94. The fair value is estimated to be CN¥10.56, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 14% over the last 3 years. Meanwhile, the company became loss making.
Buy Or Sell Opportunity • Jul 28Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 17% to CN¥12.90. The fair value is estimated to be CN¥10.75, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 14% over the last 3 years. Meanwhile, the company became loss making.
お知らせ • Jul 02Beijing Trust&Far Technology CO.,LTD to Report First Half, 2025 Results on Aug 27, 2025Beijing Trust&Far Technology CO.,LTD announced that they will report first half, 2025 results on Aug 27, 2025
Board Change • Jun 09Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Director Hua Zhou was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Declared Dividend • May 23Dividend reduced to CN¥0.10Dividend of CN¥0.10 is 50% lower than last year. Ex-date: 27th May 2025 Payment date: 27th May 2025 Dividend yield will be 0.9%, which is about the same as the industry average. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months. However, the dividend is covered by cash flows (89% cash payout ratio). The dividend has increased by an average of 10% per year over the past 10 years. However, payments have been volatile during that time.
お知らせ • Apr 25Beijing Trust&Far Technology Co.,Ltd Proposes Final Cash Dividend for 2024Beijing Trust&Far Technology CO.,LTD proposed final cash dividend of CNY 1.00000000 per ten shares (tax included) for 2024.
Reported Earnings • Apr 24First quarter 2025 earnings released: EPS: CN¥0.05 (vs CN¥0.04 in 1Q 2024)First quarter 2025 results: EPS: CN¥0.05 (up from CN¥0.04 in 1Q 2024). Revenue: CN¥464.3m (up 23% from 1Q 2024). Net income: CN¥22.1m (up 33% from 1Q 2024). Profit margin: 4.8% (up from 4.4% in 1Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 85 percentage points per year, which is a significant difference in performance.
お知らせ • Apr 24Beijing Trust&Far Technology CO.,LTD, Annual General Meeting, May 15, 2025Beijing Trust&Far Technology CO.,LTD, Annual General Meeting, May 15, 2025, at 14:30 China Standard Time. Location: The Company's Meeting Room, Beijing China
New Risk • Apr 07New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Chinese stocks, typically moving 10.0% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (10.0% average weekly change). Dividend is not well covered by earnings and cash flows. Payout ratio: 222% Paying a dividend despite having no free cash flows. Earnings have declined by 7.6% per year over the past 5 years. Minor Risk Profit margins are more than 30% lower than last year (2.3% net profit margin).
お知らせ • Mar 31Beijing Trust&Far Technology CO.,LTD to Report Q1, 2025 Results on Apr 24, 2025Beijing Trust&Far Technology CO.,LTD announced that they will report Q1, 2025 results on Apr 24, 2025
分析記事 • Feb 26There's No Escaping Beijing Trust&Far Technology CO.,LTD's (SZSE:300231) Muted Revenues Despite A 32% Share Price RiseBeijing Trust&Far Technology CO.,LTD ( SZSE:300231 ) shareholders would be excited to see that the share price has had...
分析記事 • Feb 09Is Beijing Trust&Far TechnologyLTD (SZSE:300231) A Risky Investment?David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
お知らせ • Dec 31Beijing Trust&Far Technology CO.,LTD to Report Fiscal Year 2024 Results on Apr 24, 2025Beijing Trust&Far Technology CO.,LTD announced that they will report fiscal year 2024 results on Apr 24, 2025
分析記事 • Dec 24Investors Could Be Concerned With Beijing Trust&Far TechnologyLTD's (SZSE:300231) Returns On CapitalIf we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
分析記事 • Dec 02Revenues Not Telling The Story For Beijing Trust&Far Technology CO.,LTD (SZSE:300231) After Shares Rise 34%Despite an already strong run, Beijing Trust&Far Technology CO.,LTD ( SZSE:300231 ) shares have been powering on, with...
New Risk • Nov 18New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 5.0% 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. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (13% average weekly change). Dividend is not well covered by earnings and cash flows. Payout ratio: 222% Paying a dividend despite having no free cash flows. Earnings have declined by 7.6% per year over the past 5 years. Minor Risks Profit margins are more than 30% lower than last year (2.3% net profit margin). Shareholders have been diluted in the past year (5.0% increase in shares outstanding).
分析記事 • Nov 05Some Investors May Be Willing To Look Past Beijing Trust&Far TechnologyLTD's (SZSE:300231) Soft EarningsInvestors were disappointed with the weak earnings posted by Beijing Trust&Far Technology CO.,LTD ( SZSE:300231...
分析記事 • Oct 30Beijing Trust&Far TechnologyLTD (SZSE:300231) Has A Somewhat Strained Balance SheetDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Reported Earnings • Oct 30Third quarter 2024 earnings released: EPS: CN¥0.025 (vs CN¥0.094 in 3Q 2023)Third quarter 2024 results: EPS: CN¥0.025 (down from CN¥0.094 in 3Q 2023). Revenue: CN¥376.3m (down 17% from 3Q 2023). Net income: CN¥10.5m (down 73% from 3Q 2023). Profit margin: 2.8% (down from 8.7% in 3Q 2023). The decrease in margin was driven by lower revenue. 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 17% per year, which means it is well ahead of earnings.
Buy Or Sell Opportunity • Oct 16Now 30% overvalued after recent price riseOver the last 90 days, the stock has risen 84% to CN¥12.37. The fair value is estimated to be CN¥9.55, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 11% over the last 3 years. Earnings per share has declined by 19%.
Valuation Update With 7 Day Price Move • Oct 15Investor sentiment deteriorates as stock falls 20%After last week's 20% share price decline to CN¥11.39, the stock trades at a trailing P/E ratio of 71.7x. Average trailing P/E is 62x in the IT industry in China. Total returns to shareholders of 49% over the past three years.
お知らせ • Sep 30Beijing Trust&Far Technology CO.,LTD to Report Q3, 2024 Results on Oct 30, 2024Beijing Trust&Far Technology CO.,LTD announced that they will report Q3, 2024 results on Oct 30, 2024
Buy Or Sell Opportunity • Sep 30Now 25% overvalued after recent price riseOver the last 90 days, the stock has risen 57% to CN¥11.82. The fair value is estimated to be CN¥9.45, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 11% over the last 3 years. Earnings per share has declined by 19%.
Valuation Update With 7 Day Price Move • Sep 27Investor sentiment improves as stock rises 23%After last week's 23% share price gain to CN¥9.85, the stock trades at a trailing P/E ratio of 62x. Average trailing P/E is 55x in the IT industry in China. Total returns to shareholders of 32% over the past three years.
Buy Or Sell Opportunity • Sep 02Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 3.6% to CN¥7.28. The fair value is estimated to be CN¥9.26, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 11% over the last 3 years. Earnings per share has declined by 19%.
Reported Earnings • Aug 30Second quarter 2024 earnings released: EPS: CN¥0.057 (vs CN¥0.14 in 2Q 2023)Second quarter 2024 results: EPS: CN¥0.057 (down from CN¥0.14 in 2Q 2023). Revenue: CN¥404.2m (down 26% from 2Q 2023). Net income: CN¥23.8m (down 60% from 2Q 2023). Profit margin: 5.9% (down from 11% in 2Q 2023). Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings.
お知らせ • Jul 02Beijing Trust&Far Technology CO.,LTD Approves Board AppointmentsBeijing Trust&Far Technology CO.,LTD announced at the EGM held on June 28, 2024, approved election of Sun Yanning as non-independent director; Zhou Hua as independent director.
お知らせ • Jun 29Beijing Trust&Far Technology CO.,LTD to Report First Half, 2024 Results on Aug 30, 2024Beijing Trust&Far Technology CO.,LTD announced that they will report first half, 2024 results on Aug 30, 2024
分析記事 • May 26Beijing Trust&Far TechnologyLTD (SZSE:300231) Has Announced A Dividend Of CN¥0.20The board of Beijing Trust&Far Technology CO.,LTD ( SZSE:300231 ) has announced that it will pay a dividend of CN¥0.20...
Declared Dividend • May 24Dividend of CN¥0.20 announcedDividend of CN¥0.20 is the same as last year. Ex-date: 28th May 2024 Payment date: 28th May 2024 Dividend yield will be 2.5%, which is higher than the industry average of 0.8%. Sustainability & Growth Dividend is covered by both earnings (82% earnings payout ratio) and cash flows (21% cash payout ratio). The dividend has increased by an average of 18% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. The company's earnings per share (EPS) would need to decline by 8.8% to shift the payout ratio to a potentially unsustainable range, which is more than the 2.1% EPS decline seen over the last 5 years.
分析記事 • Apr 30Why Beijing Trust&Far TechnologyLTD's (SZSE:300231) Shaky Earnings Are Just The Beginning Of Its ProblemsBeijing Trust&Far Technology CO.,LTD's ( SZSE:300231 ) recent weak earnings report didn't cause a big stock movement...
お知らせ • Apr 24Beijing Trust&Far Technology CO.,LTD, Annual General Meeting, May 15, 2024Beijing Trust&Far Technology CO.,LTD, Annual General Meeting, May 15, 2024, at 14:30 China Standard Time. Location: The Company's Meeting Room, Beijing China
Reported Earnings • Apr 24First quarter 2024 earnings released: EPS: CN¥0.04 (vs CN¥0.049 in 1Q 2023)First quarter 2024 results: EPS: CN¥0.04 (down from CN¥0.049 in 1Q 2023). Revenue: CN¥376.6m (down 19% from 1Q 2023). Net income: CN¥16.6m (down 21% from 1Q 2023). Profit margin: 4.4% (down from 4.5% in 1Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.
お知らせ • Mar 30Beijing Trust&Far Technology CO.,LTD to Report Q1, 2024 Results on Apr 24, 2024Beijing Trust&Far Technology CO.,LTD announced that they will report Q1, 2024 results on Apr 24, 2024
Valuation Update With 7 Day Price Move • Mar 06Investor sentiment improves as stock rises 15%After last week's 15% share price gain to CN¥9.66, the stock trades at a trailing P/E ratio of 26.9x. Average trailing P/E is 55x in the IT industry in China. Total returns to shareholders of 34% over the past three years.
分析記事 • Mar 04Beijing Trust&Far Technology CO.,LTD (SZSE:300231) Surges 26% Yet Its Low P/E Is No Reason For ExcitementThose holding Beijing Trust&Far Technology CO.,LTD ( SZSE:300231 ) shares would be relieved that the share price has...
分析記事 • Feb 27Is Beijing Trust&Far TechnologyLTD (SZSE:300231) A Risky Investment?Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Valuation Update With 7 Day Price Move • Feb 20Investor sentiment improves as stock rises 21%After last week's 21% share price gain to CN¥8.88, the stock trades at a trailing P/E ratio of 24.7x. Average trailing P/E is 45x in the IT industry in China. Total returns to shareholders of 23% over the past three years.
Valuation Update With 7 Day Price Move • Feb 02Investor sentiment deteriorates as stock falls 20%After last week's 20% share price decline to CN¥7.16, the stock trades at a trailing P/E ratio of 19.9x. Average trailing P/E is 46x in the IT industry in China. Total returns to shareholders of 5.7% over the past three years.
お知らせ • Dec 30Beijing Trust&Far Technology CO.,LTD to Report Fiscal Year 2023 Results on Apr 24, 2024Beijing Trust&Far Technology CO.,LTD announced that they will report fiscal year 2023 results on Apr 24, 2024
Buying Opportunity • Nov 24Now 24% undervaluedOver the last 90 days, the stock is up 22%. The fair value is estimated to be CN¥14.59, however this is not to be taken as a buy recommendation but rather should be used as a guide only.
Buying Opportunity • Nov 01Now 22% undervaluedOver the last 90 days, the stock is up 31%. The fair value is estimated to be CN¥15.10, however this is not to be taken as a buy recommendation but rather should be used as a guide only.
Reported Earnings • Oct 29Third quarter 2023 earnings released: EPS: CN¥0.094 (vs CN¥0.12 in 3Q 2022)Third quarter 2023 results: EPS: CN¥0.094 (down from CN¥0.12 in 3Q 2022). Revenue: CN¥454.0m (down 22% from 3Q 2022). Net income: CN¥39.5m (down 24% from 3Q 2022). Profit margin: 8.7% (down from 9.0% in 3Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has remained flat and the company’s share price has also remained flat.
お知らせ • Sep 30Beijing Trust&Far Technology CO.,LTD to Report Q3, 2023 Results on Oct 28, 2023Beijing Trust&Far Technology CO.,LTD announced that they will report Q3, 2023 results on Oct 28, 2023
Valuation Update With 7 Day Price Move • Sep 08Investor sentiment improves as stock rises 22%After last week's 22% share price gain to CN¥12.90, the stock trades at a trailing P/E ratio of 33.1x. Average trailing P/E is 64x in the IT industry in China. Total returns to shareholders of 33% over the past three years.
Reported Earnings • Aug 30Second quarter 2023 earnings released: EPS: CN¥0.14 (vs CN¥0.16 in 2Q 2022)Second quarter 2023 results: EPS: CN¥0.14 (down from CN¥0.16 in 2Q 2022). Revenue: CN¥549.0m (up 18% from 2Q 2022). Net income: CN¥58.9m (down 12% from 2Q 2022). Profit margin: 11% (down from 14% in 2Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 3% per year whereas the company’s share price has fallen by 2% per year.
Valuation Update With 7 Day Price Move • Jul 14Investor sentiment improves as stock rises 27%After last week's 27% share price gain to CN¥10.82, the stock trades at a trailing P/E ratio of 26.5x. Average trailing P/E is 57x in the IT industry in China. Total returns to shareholders of 29% over the past three years.
お知らせ • May 12Beijing Trust&Far Technology Co.,Ltd Implements Final Profit Distribution Plan of A Shares for 2022, Payable on 17 May 2023Beijing Trust&Far Technology CO.,LTD implemented 2022 final profit distribution plan to be implemented (A shares): Cash dividend/10 shares (tax included): CNY 2.00000000. Record date: 16 May 2023, Ex-date: 17 May 2023, Payment date: 17 May 2023.
お知らせ • May 06Beijing Trust&Far Technology Announces Cash Dividend for 2022Beijing Trust&Far Technology CO.,LTD announced the at the AGM held on May 4, 2023 cash dividend (tax included) of CNY 2.00000000 per 10 shares for 2022.
Valuation Update With 7 Day Price Move • Apr 26Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to CN¥8.64, the stock trades at a trailing P/E ratio of 20.8x. Average trailing P/E is 61x in the IT industry in China. Total returns to shareholders of 12% over the past three years.
Reported Earnings • Apr 12Full year 2022 earnings released: EPS: CN¥0.41 (vs CN¥0.41 in FY 2021)Full year 2022 results: EPS: CN¥0.41 (up from CN¥0.41 in FY 2021). Revenue: CN¥2.42b (up 3.2% from FY 2021). Net income: CN¥173.8m (up 2.0% from FY 2021). Profit margin: 7.2% (down from 7.3% in FY 2021). The decrease in margin was driven by higher expenses. 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 10% per year.
Valuation Update With 7 Day Price Move • Mar 14Investor sentiment improves as stock rises 19%After last week's 19% share price gain to CN¥10.07, the stock trades at a trailing P/E ratio of 25x. Average trailing P/E is 60x in the IT industry in China. Total returns to shareholders of 30% over the past three years.
Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Director Zhenping Hao 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 28Third quarter 2022 earnings released: EPS: CN¥0.12 (vs CN¥0.12 in 3Q 2021)Third quarter 2022 results: EPS: CN¥0.12 (up from CN¥0.12 in 3Q 2021). Revenue: CN¥583.0m (up 6.4% from 3Q 2021). Net income: CN¥52.2m (up 7.6% from 3Q 2021). Profit margin: 9.0% (up from 8.8% 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 9% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.
Reported Earnings • Aug 26Second quarter 2022 earnings released: EPS: CN¥0.16 (vs CN¥0.17 in 2Q 2021)Second quarter 2022 results: EPS: CN¥0.16 (down from CN¥0.17 in 2Q 2021). Revenue: CN¥465.6m (down 30% from 2Q 2021). Net income: CN¥66.9m (down 8.6% from 2Q 2021). Profit margin: 14% (up from 11% in 2Q 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.
お知らせ • May 08Beijing Trust&Far Technology CO.,LTD Approves Profit Distribution for 2021Beijing Trust&Far Technology CO.,LTD approved profit distribution for 2021 with cash dividend (tax included) of CNY 2.00000000 per 10 shares, at the annual general meeting of 2021, April 29, 2022.
Reported Earnings • Apr 28First quarter 2022 earnings: EPS and revenues miss analyst expectationsFirst quarter 2022 results: EPS: CN¥0.057 (up from CN¥0.053 in 1Q 2021). Revenue: CN¥658.8m (up 20% from 1Q 2021). Net income: CN¥23.7m (up 6.3% from 1Q 2021). Profit margin: 3.6% (down from 4.1% in 1Q 2021). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 40%. Earnings per share (EPS) also missed analyst estimates by 27%. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.
Board Change • Apr 27High number of new and inexperienced directorsThere are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. 2 experienced directors. No highly experienced directors. Independent Director Zhenping Hao is the most experienced director on the board, commencing their role in 2021. 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 • Apr 13Beijing Trust&Far Technology CO.,LTD, Annual General Meeting, Apr 29, 2022Beijing Trust&Far Technology CO.,LTD, Annual General Meeting, Apr 29, 2022, at 14:30 China Standard Time. Agenda: To consider 2021 work report of the board of directors; to consider 2021 work report of the supervisory committee; to consider2021 annual report and its summary; to consider2021 annual accounts; to consider2021 profit distribution plan; to consider Reappointment of 2022 audit firm; to consider Amendments to the articles of associations of the Company; to consider Amendments to the rules of procedure governing the general meeting of shareholders.
お知らせ • Apr 12Beijing Trust&Far Technology CO.,LTD Proposes Final Dividend for 2021Beijing Trust&Far Technology CO.,LTD proposed profit distribution for 2021 with cash dividend (tax included) of CNY 2.00000000 per 10 shares.
Reported Earnings • Apr 10Full year 2021 earnings: EPS and revenues miss analyst expectationsFull year 2021 results: EPS: CN¥0.41 (up from CN¥0.39 in FY 2020). Revenue: CN¥2.35b (up 1.4% from FY 2020). Net income: CN¥170.3m (up 4.7% from FY 2020). Profit margin: 7.3% (up from 7.0% in FY 2020). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 40%. Earnings per share (EPS) also missed analyst estimates by 27%. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.
Reported Earnings • Oct 31Third quarter 2021 earnings released: EPS CN¥0.12 (vs CN¥0.12 in 3Q 2020)The company reported a mediocre third quarter result with weaker earnings, although profit margins were flat and revenues improved. Third quarter 2021 results: Revenue: CN¥548.1m (up 5.5% from 3Q 2020). Net income: CN¥48.5m (down 3.1% from 3Q 2020). Profit margin: 8.8% (in line with 3Q 2020). Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Aug 27Second quarter 2021 earnings released: EPS CN¥0.17 (vs CN¥0.16 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¥667.9m (up 26% from 2Q 2020). Net income: CN¥73.1m (up 8.1% from 2Q 2020). Profit margin: 11% (down from 13% 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 9% per year whereas the company’s share price has increased by 7% per year.
Reported Earnings • Apr 21First quarter 2021 earnings released: EPS CN¥0.053 (vs CN¥0.047 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¥548.8m (up 45% from 1Q 2020). Net income: CN¥22.3m (up 13% from 1Q 2020). Profit margin: 4.1% (down from 5.2% 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 6% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings.
Reported Earnings • Mar 12Full year 2020 earnings released: EPS CN¥0.39 (vs CN¥0.32 in FY 2019)The company reported a solid full year result with improved earnings and revenues, although profit margins were weaker. Full year 2020 results: Revenue: CN¥2.32b (up 50% from FY 2019). Net income: CN¥162.6m (up 20% from FY 2019). Profit margin: 7.0% (down from 8.8% 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 4% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings.
お知らせ • Mar 04Beijing Trust&Far Technology CO.,LTD to Report Fiscal Year 2020 Results on Apr 15, 2021Beijing Trust&Far Technology CO.,LTD announced that they will report fiscal year 2020 results on Apr 15, 2021
Is New 90 Day High Low • Feb 02New 90-day low: CN¥7.95The company is down 28% from its price of CN¥11.10 on 04 November 2020. The Chinese market is up 6.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the IT industry, which is down 25% over the same period.
Is New 90 Day High Low • Dec 28New 90-day low: CN¥8.50The company is down 16% from its price of CN¥10.11 on 29 September 2020. The Chinese market is up 6.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the IT industry, which is down 22% over the same period.
Is New 90 Day High Low • Dec 10New 90-day low: CN¥9.65The company is down 8.0% from its price of CN¥10.53 on 11 September 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 13% over the same period.
Is New 90 Day High Low • Nov 25New 90-day low: CN¥9.93The company is down 9.0% from its price of CN¥10.93 on 27 August 2020. The Chinese market is up 1.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the IT industry, which is down 11% over the same period.
Reported Earnings • Oct 29Third quarter earnings releasedOver the last 12 months the company has reported total profits of CN¥157.1m, up 23% from the prior year. Total revenue was CN¥1.98b over the last 12 months, up 44% from the prior year.
お知らせ • Aug 11Beijing Trust&Far Technology CO.,LTD to Report First Half, 2020 Results on Aug 27, 2020Beijing Trust&Far Technology CO.,LTD announced that they will report first half, 2020 results on Aug 27, 2020