Beijing Trust & Far TechnologyLtd（300231）株式概要北京信遠科技有限公司は、データセンターの情報技術（IT）運用・保守サービスを提供しています。 詳細300231 ファンダメンタル分析スノーフレーク・スコア評価1/6将来の成長0/6過去の実績2/6財務の健全性6/6配当金3/6報酬株価収益率（ 68.5 x）は、 IT業界平均（ 90.3 x）を下回っています。今年は黒字化を達成 リスク分析過去5年間で収益は年間42.2%減少しました。 CN市場と比較した過去 3 か月間の株価の変動1.89%の配当は利益で十分にカバーされていない すべてのリスクチェックを見る300231 Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.NEW475,099 membersJoin community and earn perksGain real feedbackFrom our editorial team, personally. Not silence.Grow your followingReal investors. The kind who actually invest, not scroll past.Unlock free accessFree premium subscription for consistent and quality authors.Learn moreCreate NarrativeBLINRODA475,099 investors already sharing narrativesYour Fair ValueCN¥Current PriceCN¥7.94159.5% 割高 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture-113m2b2016201920222025202620282031Revenue CN¥1.1bEarnings CN¥30.7mAdvancedSet Fair ValueView all narrativesBeijing Trust & Far Technology Co.,Ltd 競合他社ChinaEtek Service & TechnologySymbol: SZSE:301208Market cap: CN¥3.3bDaheng New Epoch TechnologySymbol: SHSE:600288Market cap: CN¥4.1bENC Digital TechnologySymbol: SHSE:603869Market cap: CN¥3.7bWiscom SystemSymbol: SZSE:002090Market cap: CN¥3.8b価格と性能株価の高値、安値、推移の概要Beijing Trust & Far TechnologyLtd過去の株価現在の株価CN¥7.9452週高値CN¥14.0052週安値CN¥7.25ベータ0.231ヶ月の変化-0.13%3ヶ月変化-24.88%1年変化-35.02%3年間の変化-11.58%5年間の変化-5.59%IPOからの変化-60.65%最新ニュースNew Risk • Jul 17New 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 10.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 42% per year over the past 5 years. Minor Risks Dividend is not well covered by earnings (129% payout ratio). Share price has been volatile over the past 3 months (10.0% average weekly change).Valuation Update With 7 Day Price Move • Jul 15Investor sentiment improves as stock rises 18%After last week's 18% share price gain to CN¥9.08, the stock trades at a trailing P/E ratio of 78.3x. Average trailing P/E is 96x in the IT industry in China. Total loss to shareholders of 8.5% over the past three years.お知らせ • Jun 30Beijing Trust & Far Technology Co.,Ltd to Report First Half, 2026 Results on Aug 29, 2026Beijing Trust & Far Technology Co.,Ltd announced that they will report first half, 2026 results on Aug 29, 2026Valuation Update With 7 Day Price Move • May 29Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to CN¥9.24, the stock trades at a trailing P/E ratio of 79.7x. Average trailing P/E is 122x in the IT industry in China. Total returns to shareholders of 7.3% over the past three years.Declared Dividend • May 23Dividend 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.Board Change • May 20Less 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.最新情報をもっと見るRecent updatesNew Risk • Jul 17New 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 10.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 42% per year over the past 5 years. Minor Risks Dividend is not well covered by earnings (129% payout ratio). Share price has been volatile over the past 3 months (10.0% average weekly change).Valuation Update With 7 Day Price Move • Jul 15Investor sentiment improves as stock rises 18%After last week's 18% share price gain to CN¥9.08, the stock trades at a trailing P/E ratio of 78.3x. Average trailing P/E is 96x in the IT industry in China. Total loss to shareholders of 8.5% over the past three years.お知らせ • Jun 30Beijing Trust & Far Technology Co.,Ltd to Report First Half, 2026 Results on Aug 29, 2026Beijing Trust & Far Technology Co.,Ltd announced that they will report first half, 2026 results on Aug 29, 2026Valuation Update With 7 Day Price Move • May 29Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to CN¥9.24, the stock trades at a trailing P/E ratio of 79.7x. Average trailing P/E is 122x in the IT industry in China. Total returns to shareholders of 7.3% over the past three years.Declared Dividend • May 23Dividend 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.Board Change • May 20Less 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.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.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, 2025Reported 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 29% 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¥9.59, 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 16%After last week's 16% share price decline to CN¥11.93, 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 56% over the past three years.New Risk • Sep 30New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 8.1% 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 2.4% per year over the past 5 years. Minor Risks Dividend is not well covered by earnings (125% payout ratio). Share price has been volatile over the past 3 months (8.1% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (3.8% net profit margin).Buy Or Sell Opportunity • Sep 30Now 24% 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¥9.57, 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%.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, 2024Valuation 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 7% 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, 2024Declared 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 2.4%, 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.New Risk • Apr 28New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 160% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (11% average weekly change). Large one-off items impacting financial results.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 3% 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 12Investor sentiment improves as stock rises 18%After last week's 18% share price gain to CN¥10.88, the stock trades at a trailing P/E ratio of 30.3x. Average trailing P/E is 55x in the IT industry in China. Total returns to shareholders of 43% over the past three years.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¥14.52, 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¥15.07, 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 26%After last week's 26% share price gain to CN¥13.34, 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 37% 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.Reported Earnings • Apr 29First quarter 2022 earnings released: EPS: CN¥0.057 (vs CN¥0.053 in 1Q 2021)First 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. 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.Reported Earnings • Apr 10Full year 2021 earnings released: EPS: CN¥0.41 (vs CN¥0.39 in FY 2020)Full 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. 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 28Second 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 10% per year, which means it is significantly lagging earnings.Reported Earnings • Mar 13Full 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.Is New 90 Day High Low • Feb 02New 90-day low: CN¥7.95The company is down 31% from its price of CN¥11.54 on 05 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 15% from its price of CN¥9.96 on 30 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 11New 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 26New 90-day low: CN¥9.93The company is down 8.0% from its price of CN¥10.84 on 28 August 2020. The Chinese market is down 1.0% 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.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.株主還元300231CN ITCN 市場7D-7.7%-2.4%-1.5%1Y-35.0%-18.8%7.7%株主還元を見る業界別リターン: 300231過去 1 年間で-18.8 % の収益を上げたCN IT業界を下回りました。リターン対市場: 300231は、過去 1 年間で7.7 % のリターンを上げたCN市場を下回りました。価格変動Is 300231's price volatile compared to industry and market?300231 volatility300231 Average Weekly Movement10.3%IT Industry Average Movement7.7%Market Average Movement7.4%10% most volatile stocks in CN Market12.4%10% least volatile stocks in CN Market4.4%安定した株価: 300231の株価は、 CN市場と比較して過去 3 か月間で変動しています。時間の経過による変動: 300231の weekly volatility ( 10% ) は過去 1 年間安定していますが、依然としてCNの株式の 75% よりも高くなっています。会社概要設立従業員CEO（最高経営責任者ウェブサイト20041,679Yanning Sunwww.trustfar.cn北京信遠科技有限公司はデータセンター情報技術（IT）運用保守サービスを提供する。同社は、保守サービス、システムインテグレーション、人的アウトソーシング、オンサイトプロジェクト管理、データベースコンテナ、統合運用保守、オープンソースビジネスサービス、クラウド運用、監視・運用管理、オープンソースソフトウェアを提供しています。北京信遠科技有限公司は2004年に設立され、中国北京市に本社を置く。もっと見るBeijing Trust & Far Technology Co.,Ltd 基礎のまとめBeijing Trust & Far TechnologyLtd の収益と売上を時価総額と比較するとどうか。300231 基礎統計学時価総額CN¥3.53b収益（TTM）CN¥51.53m売上高(TTM)CN¥1.79b68.5xPER（株価収益率2.0xP/Sレシオ300231 は割高か？公正価値と評価分析を参照収益と収入最新の決算報告書（TTM）に基づく主な収益性統計300231 損益計算書（TTM）収益CN¥1.79b売上原価CN¥1.49b売上総利益CN¥299.88mその他の費用CN¥248.35m収益CN¥51.53m直近の収益報告Mar 31, 2026次回決算日Aug 29, 2026一株当たり利益（EPS）0.12グロス・マージン16.78%純利益率2.88%有利子負債／自己資本比率26.5%300231 の長期的なパフォーマンスは？過去の実績と比較を見る配当金1.9%現在の配当利回り129%配当性向View Valuation企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/07/30 03:25終値2026/07/30 00:00収益2026/03/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレークこのレポートを生成するために使用した分析モデルの詳細は、当社のGitHubページでご覧いただけます。また、レポートの活用方法に関するガイドやYouTubeのチュートリアルも用意しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋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.
New Risk • Jul 17New 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 10.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 42% per year over the past 5 years. Minor Risks Dividend is not well covered by earnings (129% payout ratio). Share price has been volatile over the past 3 months (10.0% average weekly change).
Valuation Update With 7 Day Price Move • Jul 15Investor sentiment improves as stock rises 18%After last week's 18% share price gain to CN¥9.08, the stock trades at a trailing P/E ratio of 78.3x. Average trailing P/E is 96x in the IT industry in China. Total loss to shareholders of 8.5% over the past three years.
お知らせ • Jun 30Beijing Trust & Far Technology Co.,Ltd to Report First Half, 2026 Results on Aug 29, 2026Beijing Trust & Far Technology Co.,Ltd announced that they will report first half, 2026 results on Aug 29, 2026
Valuation Update With 7 Day Price Move • May 29Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to CN¥9.24, the stock trades at a trailing P/E ratio of 79.7x. Average trailing P/E is 122x in the IT industry in China. Total returns to shareholders of 7.3% over the past three years.
Declared Dividend • May 23Dividend 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.
Board Change • May 20Less 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.
New Risk • Jul 17New 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 10.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 42% per year over the past 5 years. Minor Risks Dividend is not well covered by earnings (129% payout ratio). Share price has been volatile over the past 3 months (10.0% average weekly change).
Valuation Update With 7 Day Price Move • Jul 15Investor sentiment improves as stock rises 18%After last week's 18% share price gain to CN¥9.08, the stock trades at a trailing P/E ratio of 78.3x. Average trailing P/E is 96x in the IT industry in China. Total loss to shareholders of 8.5% over the past three years.
お知らせ • Jun 30Beijing Trust & Far Technology Co.,Ltd to Report First Half, 2026 Results on Aug 29, 2026Beijing Trust & Far Technology Co.,Ltd announced that they will report first half, 2026 results on Aug 29, 2026
Valuation Update With 7 Day Price Move • May 29Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to CN¥9.24, the stock trades at a trailing P/E ratio of 79.7x. Average trailing P/E is 122x in the IT industry in China. Total returns to shareholders of 7.3% over the past three years.
Declared Dividend • May 23Dividend 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.
Board Change • May 20Less 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.
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
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
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
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.
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
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
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
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 29% 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¥9.59, 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 16%After last week's 16% share price decline to CN¥11.93, 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 56% over the past three years.
New Risk • Sep 30New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 8.1% 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 2.4% per year over the past 5 years. Minor Risks Dividend is not well covered by earnings (125% payout ratio). Share price has been volatile over the past 3 months (8.1% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (3.8% net profit margin).
Buy Or Sell Opportunity • Sep 30Now 24% 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¥9.57, 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%.
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
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 7% 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
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 2.4%, 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.
New Risk • Apr 28New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 160% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (11% average weekly change). Large one-off items impacting financial results.
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 3% 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 12Investor sentiment improves as stock rises 18%After last week's 18% share price gain to CN¥10.88, the stock trades at a trailing P/E ratio of 30.3x. Average trailing P/E is 55x in the IT industry in China. Total returns to shareholders of 43% over the past three years.
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¥14.52, 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¥15.07, 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 26%After last week's 26% share price gain to CN¥13.34, 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 37% 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.
Reported Earnings • Apr 29First quarter 2022 earnings released: EPS: CN¥0.057 (vs CN¥0.053 in 1Q 2021)First 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. 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.
Reported Earnings • Apr 10Full year 2021 earnings released: EPS: CN¥0.41 (vs CN¥0.39 in FY 2020)Full 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. 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 28Second 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 10% per year, which means it is significantly lagging earnings.
Reported Earnings • Mar 13Full 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.
Is New 90 Day High Low • Feb 02New 90-day low: CN¥7.95The company is down 31% from its price of CN¥11.54 on 05 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 15% from its price of CN¥9.96 on 30 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 11New 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 26New 90-day low: CN¥9.93The company is down 8.0% from its price of CN¥10.84 on 28 August 2020. The Chinese market is down 1.0% 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.
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.
