Henan Ancai Hi-TechLtd（600207）株式概要河南安采高科技有限公司は、太陽電池モジュール包装用ガラス製品の研究開発、生産、販売を中国国内および国際的に行っています。 詳細600207 ファンダメンタル分析スノーフレーク・スコア評価2/6将来の成長0/6過去の実績0/6財務の健全性3/6配当金0/6リスク分析過去5年間で収益は年間81%減少しました。 すべてのリスクチェックを見る600207 Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.Your Fair ValueCN¥Current PriceCN¥6.7346.9% 割高 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture-768m5b2016201920222025202620282031Revenue CN¥2.8bEarnings CN¥240.4mAdvancedSet Fair ValueView all narrativesHenan Ancai Hi-Tech Co.,Ltd 競合他社Costar GroupSymbol: SZSE:002189Market cap: CN¥6.0bDongguan Mentech Optical & MagneticSymbol: SZSE:002902Market cap: CN¥8.4bChangzhou Zhongying Science & TechnologySymbol: SZSE:300936Market cap: CN¥7.1bLianChuang Electronic TechnologyLtdSymbol: SZSE:002036Market cap: CN¥10.8b価格と性能株価の高値、安値、推移の概要Henan Ancai Hi-TechLtd過去の株価現在の株価CN¥6.7352週高値CN¥7.7052週安値CN¥4.26ベータ0.141ヶ月の変化18.69%3ヶ月変化28.19%1年変化57.61%3年間の変化13.49%5年間の変化2.12%IPOからの変化-41.73%最新ニュースReported Earnings • Apr 20Full year 2025 earnings released: CN¥0.67 loss per share (vs CN¥0.33 loss in FY 2024)Full year 2025 results: CN¥0.67 loss per share (further deteriorated from CN¥0.33 loss in FY 2024). Revenue: CN¥2.92b (down 33% from FY 2024). Net loss: CN¥727.2m (loss widened 106% from FY 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 116 percentage points per year, which is a significant difference in performance.New Risk • Apr 07New 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 8.4% 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 78% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (8.4% average weekly change).お知らせ • Mar 30Henan Ancai Hi-Tech Co.,Ltd to Report Q1, 2026 Results on Apr 29, 2026Henan Ancai Hi-Tech Co.,Ltd announced that they will report Q1, 2026 results on Apr 29, 2026New Risk • Mar 09New major risk - Revenue and earnings growthEarnings have declined by 78% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. This is currently the only risk that has been identified for the company.お知らせ • Dec 26Henan Ancai Hi-Tech Co.,Ltd to Report Fiscal Year 2025 Results on Apr 18, 2026Henan Ancai Hi-Tech Co.,Ltd announced that they will report fiscal year 2025 results on Apr 18, 2026Board Change • Dec 13Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Gongfu Zhang was the last independent director to join the board, commencing their role in 2022. 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 updatesReported Earnings • Apr 20Full year 2025 earnings released: CN¥0.67 loss per share (vs CN¥0.33 loss in FY 2024)Full year 2025 results: CN¥0.67 loss per share (further deteriorated from CN¥0.33 loss in FY 2024). Revenue: CN¥2.92b (down 33% from FY 2024). Net loss: CN¥727.2m (loss widened 106% from FY 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 116 percentage points per year, which is a significant difference in performance.New Risk • Apr 07New 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 8.4% 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 78% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (8.4% average weekly change).お知らせ • Mar 30Henan Ancai Hi-Tech Co.,Ltd to Report Q1, 2026 Results on Apr 29, 2026Henan Ancai Hi-Tech Co.,Ltd announced that they will report Q1, 2026 results on Apr 29, 2026New Risk • Mar 09New major risk - Revenue and earnings growthEarnings have declined by 78% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. This is currently the only risk that has been identified for the company.お知らせ • Dec 26Henan Ancai Hi-Tech Co.,Ltd to Report Fiscal Year 2025 Results on Apr 18, 2026Henan Ancai Hi-Tech Co.,Ltd announced that they will report fiscal year 2025 results on Apr 18, 2026Board Change • Dec 13Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Gongfu Zhang was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.New Risk • Nov 21New 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 7.4% 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. This is currently the only risk that has been identified for the company.Reported Earnings • Nov 03Third quarter 2025 earnings released: CN¥0.13 loss per share (vs CN¥0.093 loss in 3Q 2024)Third quarter 2025 results: CN¥0.13 loss per share (further deteriorated from CN¥0.093 loss in 3Q 2024). Revenue: CN¥714.0m (down 25% from 3Q 2024). Net loss: CN¥142.1m (loss widened 42% from 3Q 2024). Revenue is forecast to grow 2.7% p.a. on average during the next 3 years, compared to a 21% growth forecast for the Electronic industry in China. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 122 percentage points per year, which is a significant difference in performance.お知らせ • Sep 30Henan Ancai Hi-Tech Co.,Ltd to Report Q3, 2025 Results on Oct 31, 2025Henan Ancai Hi-Tech Co.,Ltd announced that they will report Q3, 2025 results on Oct 31, 2025New Risk • Aug 17New minor risk - ProfitabilityThe company is currently unprofitable and not forecast to become profitable over the next 2 years. Trailing 12-month net loss: CN¥458m Forecast net loss in 2 years: CN¥73m This is considered a minor risk. Companies that are not profitable are more likely to be burning through cash and less likely to be well established. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. Without profits, the company is under pressure to grow significantly while potentially having to reduce costs and possibly needing to take on debt or raise capital to remain afloat. Currently, the following risks have been identified for the company: Major Risk Less than 1 year of cash runway based on free cash flow trend (-CN¥730m free cash flow). Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (CN¥73m net loss in 2 years). Share price has been volatile over the past 3 months (6.7% average weekly change).New Risk • Jul 08New 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 7.2% 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 Less than 1 year of cash runway based on free cash flow trend (-CN¥730m free cash flow). Minor Risk Share price has been volatile over the past 3 months (7.2% average weekly change).お知らせ • Jun 30Henan Ancai Hi-Tech Co.,Ltd to Report First Half, 2025 Results on Aug 27, 2025Henan Ancai Hi-Tech Co.,Ltd announced that they will report first half, 2025 results on Aug 27, 2025お知らせ • May 29Henan Ancai Hi-Tech Co.,Ltd, Annual General Meeting, Jun 19, 2025Henan Ancai Hi-Tech Co.,Ltd, Annual General Meeting, Jun 19, 2025, at 10:00 China Standard Time. Location: The Company's Meeting Room, Anyang, Henan ChinaReported Earnings • Mar 30Full year 2024 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2024 results: CN¥0.33 loss per share (further deteriorated from CN¥0.018 loss in FY 2023). Revenue: CN¥4.34b (down 17% from FY 2023). Net loss: CN¥353.7m (loss widened CN¥334.4m from FY 2023). Revenue exceeded analyst estimates by 3.0%. Earnings per share (EPS) missed analyst estimates. Revenue is forecast to grow 1.5% p.a. on average during the next 2 years, compared to a 18% growth forecast for the Electronic industry in China. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 111 percentage points per year, which is a significant difference in performance.お知らせ • Mar 28Henan Ancai Hi-Tech Co.,Ltd to Report Q1, 2025 Results on Apr 26, 2025Henan Ancai Hi-Tech Co.,Ltd announced that they will report Q1, 2025 results on Apr 26, 2025分析記事 • Mar 27We Think Henan Ancai Hi-TechLtd (SHSE:600207) Has A Fair Chunk Of DebtLegendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...分析記事 • Jan 10Henan Ancai Hi-Tech Co.,Ltd's (SHSE:600207) 25% Dip In Price Shows Sentiment Is Matching RevenuesHenan Ancai Hi-Tech Co.,Ltd ( SHSE:600207 ) shares have had a horrible month, losing 25% after a relatively good period...お知らせ • Dec 27Henan Ancai Hi-Tech Co.,Ltd to Report Fiscal Year 2024 Results on Mar 29, 2025Henan Ancai Hi-Tech Co.,Ltd announced that they will report fiscal year 2024 results on Mar 29, 2025Reported Earnings • Oct 31Third quarter 2024 earnings released: CN¥0.093 loss per share (vs CN¥0.003 profit in 3Q 2023)Third quarter 2024 results: CN¥0.093 loss per share (down from CN¥0.003 profit in 3Q 2023). Revenue: CN¥952.3m (down 34% from 3Q 2023). Net loss: CN¥100.2m (down CN¥103.3m from profit in 3Q 2023). Revenue is forecast to grow 1.6% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Electronic industry in China. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 105 percentage points per year, which is a significant difference in performance.分析記事 • Oct 28Henan Ancai Hi-Tech Co.,Ltd's (SHSE:600207) Share Price Boosted 30% But Its Business Prospects Need A Lift TooThe Henan Ancai Hi-Tech Co.,Ltd ( SHSE:600207 ) share price has done very well over the last month, posting an...分析記事 • Oct 27Henan Ancai Hi-TechLtd (SHSE:600207) Seems To Be Using A Lot Of DebtHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...お知らせ • Sep 30Henan Ancai Hi-Tech Co.,Ltd to Report Q3, 2024 Results on Oct 30, 2024Henan Ancai Hi-Tech Co.,Ltd announced that they will report Q3, 2024 results on Oct 30, 2024分析記事 • Sep 03Little Excitement Around Henan Ancai Hi-Tech Co.,Ltd's (SHSE:600207) RevenuesYou may think that with a price-to-sales (or "P/S") ratio of 0.8x Henan Ancai Hi-Tech Co.,Ltd ( SHSE:600207 ) is...分析記事 • Jul 25These 4 Measures Indicate That Henan Ancai Hi-TechLtd (SHSE:600207) Is Using Debt ExtensivelyDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...New Risk • Jul 22New 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 9.1% 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. This is currently the only risk that has been identified for the company.お知らせ • Jun 28Henan Ancai Hi-Tech Co.,Ltd to Report First Half, 2024 Results on Aug 31, 2024Henan Ancai Hi-Tech Co.,Ltd announced that they will report first half, 2024 results on Aug 31, 2024お知らせ • Jun 24Henan Gas (Group) Co.,Ltd. completed the acquisition of Henan Ancai Gas Co., Ltd. from Henan Ancai Hi-Tech Co.,Ltd (SHSE:600207).Henan Gas (Group) Co.,Ltd. agreed to acquire Henan Ancai Gas Co., Ltd. from Henan Ancai Hi-Tech Co.,Ltd (SHSE:600207) for CNY 15.9 million on May 23, 2024. The consideration consists of CNY 15.99 million in cash. As part of the consideration, CNY 15.99 million was paid towards common equity. Henan Ancai Gas Co., Ltd. reported the total assets worth of CNY 135.4769 million, total common equity worth of CNY 6.6851 million and reported the sales revenue of CNY 186.8596 million and the net loss of CNY 16.8619 million, as of December 31, 2023. The transaction is approved by the board of directors of Henan Ancai Hi-Tech Co.,Ltd (SHSE:600207). The transaction is subject to the approval of the shareholders of Henan Ancai Hi-Tech Co.,Ltd (SHSE:600207). As of June 13, 2024, the shareholders of Henan Ancai Hi-Tech approved the transaction. Henan Gas (Group) Co.,Ltd. completed the acquisition of Henan Ancai Gas Co., Ltd. from Henan Ancai Hi-Tech Co.,Ltd (SHSE:600207) on June 22, 2024.お知らせ • May 25Henan Ancai Hi-Tech Co.,Ltd, Annual General Meeting, Jun 13, 2024Henan Ancai Hi-Tech Co.,Ltd, Annual General Meeting, Jun 13, 2024, at 10:00 China Standard Time. Location: 8F, No. 4, Financial Island Outer Ring Road, Jinshui District, Zhengzhou, Henan ChinaReported Earnings • May 03First quarter 2024 earnings released: CN¥0.002 loss per share (vs CN¥0.009 profit in 1Q 2023)First quarter 2024 results: CN¥0.002 loss per share (down from CN¥0.009 profit in 1Q 2023). Revenue: CN¥1.31b (up 7.1% from 1Q 2023). Net loss: CN¥2.72m (down 127% from profit in 1Q 2023). Revenue is forecast to grow 17% p.a. on average during the next 2 years, compared to a 18% growth forecast for the Electronic industry in China. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 76 percentage points per year, which is a significant difference in performance.分析記事 • Apr 21Why Investors Shouldn't Be Surprised By Henan Ancai Hi-Tech Co.,Ltd's (SHSE:600207) 28% Share Price PlungeHenan Ancai Hi-Tech Co.,Ltd ( SHSE:600207 ) shareholders that were waiting for something to happen have been dealt a...Reported Earnings • Mar 31Full year 2023 earnings: EPS and revenues miss analyst expectationsFull year 2023 results: CN¥0.018 loss per share (down from CN¥0.09 profit in FY 2022). Revenue: CN¥5.20b (up 25% from FY 2022). Net loss: CN¥19.3m (down 125% from profit in FY 2022). Revenue missed analyst estimates by 1.8%. Earnings per share (EPS) were also behind analyst expectations. Revenue is forecast to grow 15% p.a. on average during the next 2 years, compared to a 18% growth forecast for the Electronic industry in China. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 62 percentage points per year, which is a significant difference in performance.お知らせ • Mar 29Henan Ancai Hi-Tech Co.,Ltd to Report Q1, 2024 Results on Apr 30, 2024Henan Ancai Hi-Tech Co.,Ltd announced that they will report Q1, 2024 results on Apr 30, 2024分析記事 • Mar 28There's Been No Shortage Of Growth Recently For Henan Ancai Hi-TechLtd's (SHSE:600207) Returns On CapitalTo find a multi-bagger stock, what are the underlying trends we should look for in a business? Amongst other things...分析記事 • Mar 06Improved Revenues Required Before Henan Ancai Hi-Tech Co.,Ltd (SHSE:600207) Stock's 48% Jump Looks JustifiedThose holding Henan Ancai Hi-Tech Co.,Ltd ( SHSE:600207 ) shares would be relieved that the share price has rebounded...New Risk • Jan 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 6.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (20% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (6.7% average weekly change). Profit margins are more than 30% lower than last year (0.2% net profit margin).お知らせ • Dec 29Henan Ancai Hi-Tech Co.,Ltd to Report Fiscal Year 2023 Results on Mar 30, 2024Henan Ancai Hi-Tech Co.,Ltd announced that they will report fiscal year 2023 results on Mar 30, 2024New Risk • Oct 29New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 20% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (20% accrual ratio). Minor Risks Profit margins are more than 30% lower than last year (0.2% net profit margin). Shareholders have been diluted in the past year (26% increase in shares outstanding).お知らせ • Sep 30Henan Ancai Hi-Tech Co.,Ltd to Report Q3, 2023 Results on Oct 28, 2023Henan Ancai Hi-Tech Co.,Ltd announced that they will report Q3, 2023 results at 3:00 PM, China Standard Time on Oct 28, 2023Reported Earnings • Aug 30Second quarter 2023 earnings released: EPS: CN¥0.021 (vs CN¥0.048 in 2Q 2022)Second quarter 2023 results: EPS: CN¥0.021 (down from CN¥0.048 in 2Q 2022). Revenue: CN¥1.39b (up 43% from 2Q 2022). Net income: CN¥22.6m (down 46% from 2Q 2022). Profit margin: 1.6% (down from 4.3% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings.お知らせ • Jun 28Henan Ancai Hi-Tech Co.,Ltd to Report First Half, 2023 Results on Aug 30, 2023Henan Ancai Hi-Tech Co.,Ltd announced that they will report first half, 2023 results on Aug 30, 2023Reported Earnings • Mar 30Full year 2022 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2022 results: EPS: CN¥0.09 (down from CN¥0.24 in FY 2021). Revenue: CN¥4.14b (up 24% from FY 2021). Net income: CN¥77.5m (down 63% from FY 2021). Profit margin: 1.9% (down from 6.3% in FY 2021). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 4.5%. Earnings per share (EPS) exceeded analyst estimates by 28%. Revenue is forecast to grow 14% p.a. on average during the next 2 years, compared to a 18% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth.Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Yaohui Liu was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • Oct 30Third quarter 2022 earnings releasedThird quarter 2022 results: Net income: (down CN¥27.5m from profit in 3Q 2021). Revenue is forecast to grow 27% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has increased by 69% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Sep 19Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to CN¥6.26, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 20x in the Electronic industry in China. Total returns to shareholders of 26% over the past three years.Valuation Update With 7 Day Price Move • Jun 20Investor sentiment improved over the past weekAfter last week's 21% share price gain to CN¥7.12, the stock trades at a trailing P/E ratio of 77.9x. Average trailing P/E is 34x in the Electronic industry in China. Total returns to shareholders of 44% over the past three years.Reported Earnings • May 02First quarter 2022 earnings released: EPS: CN¥0.023 (vs CN¥0.17 in 1Q 2021)First quarter 2022 results: EPS: CN¥0.023 (down from CN¥0.17 in 1Q 2021). Revenue: CN¥778.2m (down 16% from 1Q 2021). Net income: CN¥19.4m (down 87% from 1Q 2021). Profit margin: 2.5% (down from 16% in 1Q 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 107% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.Board Change • Apr 27Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 10 experienced directors. No highly experienced directors. 3 independent directors (4 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Reported Earnings • Feb 28Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: CN¥0.24 (up from CN¥0.13 in FY 2020). Revenue: CN¥3.34b (up 46% from FY 2020). Net income: CN¥209.8m (up 89% from FY 2020). Profit margin: 6.3% (up from 4.8% in FY 2020). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 117% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.Reported Earnings • Nov 01Third quarter 2021 earnings released: EPS CN¥0.032 (vs CN¥0.032 in 3Q 2020)The company reported a mediocre third quarter result with weaker profit margins, although earnings were flat and revenues improved. Third quarter 2021 results: Revenue: CN¥877.3m (up 59% from 3Q 2020). Net income: CN¥27.5m (flat on 3Q 2020). Profit margin: 3.1% (down from 5.0% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 109% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth.お知らせ • Sep 08Henan Ancai Hi-Tech Co.,Ltd (SHSE:600207) signed agreement to acquire Henan Ancai Photothermal Technology Co., Ltd. from Henan Investment Group for approximately CNY 210 million.Henan Ancai Hi-Tech Co.,Ltd (SHSE:600207) signed agreement to acquire Henan Ancai Photothermal Technology Co., Ltd. from Henan Investment Group for approximately CNY 210 million on September 8, 2021. Henan Ancai Hi-Tech Co.,Ltd. will use its own funds for consideration payment. As of June 30, 2021, Henan Ancai Photothermal Technology Co., Ltd. has reported total assets of CNY 744.29 million and net assets of CNY 178.62 million. The Board of Directors of Henan Ancai Hi-Tech Co.,Ltd. has approved the transaction.Valuation Update With 7 Day Price Move • Aug 20Investor sentiment deteriorated over the past weekAfter last week's 23% share price decline to CN¥6.96, the stock trades at a trailing P/E ratio of 23.4x. Average trailing P/E is 38x in the Electronic industry in China. Total returns to shareholders of 27% over the past three years.Reported Earnings • Aug 15Second quarter 2021 earnings released: EPS CN¥0.033 (vs CN¥0.015 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CN¥708.6m (up 47% from 2Q 2020). Net income: CN¥28.1m (up 110% from 2Q 2020). Profit margin: 4.0% (up from 2.8% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 91% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth.お知らせ • Jul 15Henan Ancai Hi-Tech Co.,Ltd announced that it expects to receive CNY 1.2 billion in funding from Henan Investment Group and other investorsHenan Ancai Hi-Tech Co., Ltd announced a private placement of not more than 258,880,000 A shares for gross proceeds of up to CNY 1,200,000,000 on July 14, 2021. The transaction will include participation from no more than 35 including returning investor Henan Investment Group. Henan Investment Group. The shares not exceeding 30% of the company's total share capital before the issuance. The issue price shall not be less than 80% of the average price of the company’s stock trading on the 20 trading days prior to the pricing base date. does not exceed 30% of the company's total share capital before the issuance. The shares subscribed by the controlling shareholder Henan Investment Group for this transaction shall not be transferred within 18 months from the date of completion of the offering. The shares subscribed by other issuers for this issue shall not be transferred within 6 months from the date of the end of the issue. The transaction has been approved by 13th meeting of its seventh board of directors. The transaction is subject to be submitted to the state-owned assets supervision and management agency or authorized unit for approval, and its shareholders meeting for review and approval, and It can be implemented after approval by the China Securities Regulatory Commission.Reported Earnings • May 05First quarter 2021 earnings released: EPS CN¥0.17 (vs CN¥0.024 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: CN¥921.3m (up 64% from 1Q 2020). Net income: CN¥151.0m (up CN¥130.7m from 1Q 2020). Profit margin: 16% (up from 3.6% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 66% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings.Reported Earnings • Mar 28Full year 2020 earnings released: EPS CN¥0.13 (vs CN¥0.023 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: CN¥2.29b (up 14% from FY 2019). Net income: CN¥111.1m (up 459% from FY 2019). Profit margin: 4.8% (up from 1.0% in FY 2019). Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings.お知らせ • Mar 05Henan Ancai Hi-Tech Co.,Ltd to Report Fiscal Year 2020 Results on Mar 27, 2021Henan Ancai Hi-Tech Co.,Ltd announced that they will report fiscal year 2020 results on Mar 27, 2021Is New 90 Day High Low • Dec 18New 90-day high: CN¥6.26The company is up 22% from its price of CN¥5.15 on 18 September 2020. The Chinese market is up 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is down 2.0% over the same period.Is New 90 Day High Low • Nov 07New 90-day high: CN¥6.04The company is up 5.0% from its price of CN¥5.73 on 07 August 2020. The Chinese market is down 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is up 2.0% over the same period.お知らせ • Oct 27Henan Ancai Hi-Tech Co.,Ltd to Report Q3, 2020 Results on Oct 30, 2020Henan Ancai Hi-Tech Co.,Ltd announced that they will report Q3, 2020 results on Oct 30, 2020お知らせ • Jul 10Henan Ancai Hi-Tech Co.,Ltd to Report First Half, 2020 Results on Aug 28, 2020Henan Ancai Hi-Tech Co.,Ltd announced that they will report first half, 2020 results on Aug 28, 2020株主還元600207CN ElectronicCN 市場7D0.1%5.8%-0.04%1Y57.6%121.8%34.9%株主還元を見る業界別リターン: 600207過去 1 年間で121.8 % の収益を上げたCN Electronic業界を下回りました。リターン対市場: 600207過去 1 年間で34.9 % の収益を上げたCN市場を上回りました。価格変動Is 600207's price volatile compared to industry and market?600207 volatility600207 Average Weekly Movement8.2%Electronic Industry Average Movement7.7%Market Average Movement6.4%10% most volatile stocks in CN Market10.1%10% least volatile stocks in CN Market4.2%安定した株価: 600207 、 CN市場と比較して、過去 3 か月間で大きな価格変動はありませんでした。時間の経過による変動: 600207の 週次ボラティリティ ( 8% ) は過去 1 年間安定しています。会社概要設立従業員CEO（最高経営責任者ウェブサイト19872,044Jianxin Yangwww.acht.com.cn河南安齊高科技股份有限公司は、太陽電池モジュール用パッケージガラス製品の研究開発、生産、販売を中国国内外で行っている。また、太陽熱ガラス、医薬ガラス、ハイエンド電子ガラスなどの製造も行っている。また、超透明フロートガラスや光熱ガラス製品の研究開発・製造・販売も行っている。さらに、圧縮天然ガスや液化天然ガスの製造・販売も行っている。同社は1998年に設立され、中国の安陽市に拠点を置く。もっと見るHenan Ancai Hi-Tech Co.,Ltd 基礎のまとめHenan Ancai Hi-TechLtd の収益と売上を時価総額と比較するとどうか。600207 基礎統計学時価総額CN¥7.33b収益（TTM）-CN¥767.88m売上高(TTM)CN¥2.49b2.9xP/Sレシオ-9.5xPER（株価収益率600207 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600207 損益計算書（TTM）収益CN¥2.49b売上原価CN¥2.68b売上総利益-CN¥194.46mその他の費用CN¥573.42m収益-CN¥767.88m直近の収益報告Mar 31, 2026次回決算日該当なし一株当たり利益（EPS）-0.70グロス・マージン-7.82%純利益率-30.90%有利子負債／自己資本比率133.8%600207 の長期的なパフォーマンスは？過去の実績と比較を見る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2026/05/22 06:05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Henan Ancai Hi-Tech 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。2 アナリスト機関Mingxin SunCitic Securities Co., Ltd.Weifeng SunEverbright Securities Co. Ltd.
Reported Earnings • Apr 20Full year 2025 earnings released: CN¥0.67 loss per share (vs CN¥0.33 loss in FY 2024)Full year 2025 results: CN¥0.67 loss per share (further deteriorated from CN¥0.33 loss in FY 2024). Revenue: CN¥2.92b (down 33% from FY 2024). Net loss: CN¥727.2m (loss widened 106% from FY 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 116 percentage points per year, which is a significant difference in performance.
New Risk • Apr 07New 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 8.4% 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 78% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (8.4% average weekly change).
お知らせ • Mar 30Henan Ancai Hi-Tech Co.,Ltd to Report Q1, 2026 Results on Apr 29, 2026Henan Ancai Hi-Tech Co.,Ltd announced that they will report Q1, 2026 results on Apr 29, 2026
New Risk • Mar 09New major risk - Revenue and earnings growthEarnings have declined by 78% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. This is currently the only risk that has been identified for the company.
お知らせ • Dec 26Henan Ancai Hi-Tech Co.,Ltd to Report Fiscal Year 2025 Results on Apr 18, 2026Henan Ancai Hi-Tech Co.,Ltd announced that they will report fiscal year 2025 results on Apr 18, 2026
Board Change • Dec 13Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Gongfu Zhang was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • Apr 20Full year 2025 earnings released: CN¥0.67 loss per share (vs CN¥0.33 loss in FY 2024)Full year 2025 results: CN¥0.67 loss per share (further deteriorated from CN¥0.33 loss in FY 2024). Revenue: CN¥2.92b (down 33% from FY 2024). Net loss: CN¥727.2m (loss widened 106% from FY 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 116 percentage points per year, which is a significant difference in performance.
New Risk • Apr 07New 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 8.4% 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 78% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (8.4% average weekly change).
お知らせ • Mar 30Henan Ancai Hi-Tech Co.,Ltd to Report Q1, 2026 Results on Apr 29, 2026Henan Ancai Hi-Tech Co.,Ltd announced that they will report Q1, 2026 results on Apr 29, 2026
New Risk • Mar 09New major risk - Revenue and earnings growthEarnings have declined by 78% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. This is currently the only risk that has been identified for the company.
お知らせ • Dec 26Henan Ancai Hi-Tech Co.,Ltd to Report Fiscal Year 2025 Results on Apr 18, 2026Henan Ancai Hi-Tech Co.,Ltd announced that they will report fiscal year 2025 results on Apr 18, 2026
Board Change • Dec 13Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Gongfu Zhang was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
New Risk • Nov 21New 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 7.4% 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. This is currently the only risk that has been identified for the company.
Reported Earnings • Nov 03Third quarter 2025 earnings released: CN¥0.13 loss per share (vs CN¥0.093 loss in 3Q 2024)Third quarter 2025 results: CN¥0.13 loss per share (further deteriorated from CN¥0.093 loss in 3Q 2024). Revenue: CN¥714.0m (down 25% from 3Q 2024). Net loss: CN¥142.1m (loss widened 42% from 3Q 2024). Revenue is forecast to grow 2.7% p.a. on average during the next 3 years, compared to a 21% growth forecast for the Electronic industry in China. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 122 percentage points per year, which is a significant difference in performance.
お知らせ • Sep 30Henan Ancai Hi-Tech Co.,Ltd to Report Q3, 2025 Results on Oct 31, 2025Henan Ancai Hi-Tech Co.,Ltd announced that they will report Q3, 2025 results on Oct 31, 2025
New Risk • Aug 17New minor risk - ProfitabilityThe company is currently unprofitable and not forecast to become profitable over the next 2 years. Trailing 12-month net loss: CN¥458m Forecast net loss in 2 years: CN¥73m This is considered a minor risk. Companies that are not profitable are more likely to be burning through cash and less likely to be well established. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. Without profits, the company is under pressure to grow significantly while potentially having to reduce costs and possibly needing to take on debt or raise capital to remain afloat. Currently, the following risks have been identified for the company: Major Risk Less than 1 year of cash runway based on free cash flow trend (-CN¥730m free cash flow). Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (CN¥73m net loss in 2 years). Share price has been volatile over the past 3 months (6.7% average weekly change).
New Risk • Jul 08New 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 7.2% 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 Less than 1 year of cash runway based on free cash flow trend (-CN¥730m free cash flow). Minor Risk Share price has been volatile over the past 3 months (7.2% average weekly change).
お知らせ • Jun 30Henan Ancai Hi-Tech Co.,Ltd to Report First Half, 2025 Results on Aug 27, 2025Henan Ancai Hi-Tech Co.,Ltd announced that they will report first half, 2025 results on Aug 27, 2025
お知らせ • May 29Henan Ancai Hi-Tech Co.,Ltd, Annual General Meeting, Jun 19, 2025Henan Ancai Hi-Tech Co.,Ltd, Annual General Meeting, Jun 19, 2025, at 10:00 China Standard Time. Location: The Company's Meeting Room, Anyang, Henan China
Reported Earnings • Mar 30Full year 2024 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2024 results: CN¥0.33 loss per share (further deteriorated from CN¥0.018 loss in FY 2023). Revenue: CN¥4.34b (down 17% from FY 2023). Net loss: CN¥353.7m (loss widened CN¥334.4m from FY 2023). Revenue exceeded analyst estimates by 3.0%. Earnings per share (EPS) missed analyst estimates. Revenue is forecast to grow 1.5% p.a. on average during the next 2 years, compared to a 18% growth forecast for the Electronic industry in China. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 111 percentage points per year, which is a significant difference in performance.
お知らせ • Mar 28Henan Ancai Hi-Tech Co.,Ltd to Report Q1, 2025 Results on Apr 26, 2025Henan Ancai Hi-Tech Co.,Ltd announced that they will report Q1, 2025 results on Apr 26, 2025
分析記事 • Mar 27We Think Henan Ancai Hi-TechLtd (SHSE:600207) Has A Fair Chunk Of DebtLegendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
分析記事 • Jan 10Henan Ancai Hi-Tech Co.,Ltd's (SHSE:600207) 25% Dip In Price Shows Sentiment Is Matching RevenuesHenan Ancai Hi-Tech Co.,Ltd ( SHSE:600207 ) shares have had a horrible month, losing 25% after a relatively good period...
お知らせ • Dec 27Henan Ancai Hi-Tech Co.,Ltd to Report Fiscal Year 2024 Results on Mar 29, 2025Henan Ancai Hi-Tech Co.,Ltd announced that they will report fiscal year 2024 results on Mar 29, 2025
Reported Earnings • Oct 31Third quarter 2024 earnings released: CN¥0.093 loss per share (vs CN¥0.003 profit in 3Q 2023)Third quarter 2024 results: CN¥0.093 loss per share (down from CN¥0.003 profit in 3Q 2023). Revenue: CN¥952.3m (down 34% from 3Q 2023). Net loss: CN¥100.2m (down CN¥103.3m from profit in 3Q 2023). Revenue is forecast to grow 1.6% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Electronic industry in China. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 105 percentage points per year, which is a significant difference in performance.
分析記事 • Oct 28Henan Ancai Hi-Tech Co.,Ltd's (SHSE:600207) Share Price Boosted 30% But Its Business Prospects Need A Lift TooThe Henan Ancai Hi-Tech Co.,Ltd ( SHSE:600207 ) share price has done very well over the last month, posting an...
分析記事 • Oct 27Henan Ancai Hi-TechLtd (SHSE:600207) Seems To Be Using A Lot Of DebtHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
お知らせ • Sep 30Henan Ancai Hi-Tech Co.,Ltd to Report Q3, 2024 Results on Oct 30, 2024Henan Ancai Hi-Tech Co.,Ltd announced that they will report Q3, 2024 results on Oct 30, 2024
分析記事 • Sep 03Little Excitement Around Henan Ancai Hi-Tech Co.,Ltd's (SHSE:600207) RevenuesYou may think that with a price-to-sales (or "P/S") ratio of 0.8x Henan Ancai Hi-Tech Co.,Ltd ( SHSE:600207 ) is...
分析記事 • Jul 25These 4 Measures Indicate That Henan Ancai Hi-TechLtd (SHSE:600207) Is Using Debt ExtensivelyDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
New Risk • Jul 22New 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 9.1% 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. This is currently the only risk that has been identified for the company.
お知らせ • Jun 28Henan Ancai Hi-Tech Co.,Ltd to Report First Half, 2024 Results on Aug 31, 2024Henan Ancai Hi-Tech Co.,Ltd announced that they will report first half, 2024 results on Aug 31, 2024
お知らせ • Jun 24Henan Gas (Group) Co.,Ltd. completed the acquisition of Henan Ancai Gas Co., Ltd. from Henan Ancai Hi-Tech Co.,Ltd (SHSE:600207).Henan Gas (Group) Co.,Ltd. agreed to acquire Henan Ancai Gas Co., Ltd. from Henan Ancai Hi-Tech Co.,Ltd (SHSE:600207) for CNY 15.9 million on May 23, 2024. The consideration consists of CNY 15.99 million in cash. As part of the consideration, CNY 15.99 million was paid towards common equity. Henan Ancai Gas Co., Ltd. reported the total assets worth of CNY 135.4769 million, total common equity worth of CNY 6.6851 million and reported the sales revenue of CNY 186.8596 million and the net loss of CNY 16.8619 million, as of December 31, 2023. The transaction is approved by the board of directors of Henan Ancai Hi-Tech Co.,Ltd (SHSE:600207). The transaction is subject to the approval of the shareholders of Henan Ancai Hi-Tech Co.,Ltd (SHSE:600207). As of June 13, 2024, the shareholders of Henan Ancai Hi-Tech approved the transaction. Henan Gas (Group) Co.,Ltd. completed the acquisition of Henan Ancai Gas Co., Ltd. from Henan Ancai Hi-Tech Co.,Ltd (SHSE:600207) on June 22, 2024.
お知らせ • May 25Henan Ancai Hi-Tech Co.,Ltd, Annual General Meeting, Jun 13, 2024Henan Ancai Hi-Tech Co.,Ltd, Annual General Meeting, Jun 13, 2024, at 10:00 China Standard Time. Location: 8F, No. 4, Financial Island Outer Ring Road, Jinshui District, Zhengzhou, Henan China
Reported Earnings • May 03First quarter 2024 earnings released: CN¥0.002 loss per share (vs CN¥0.009 profit in 1Q 2023)First quarter 2024 results: CN¥0.002 loss per share (down from CN¥0.009 profit in 1Q 2023). Revenue: CN¥1.31b (up 7.1% from 1Q 2023). Net loss: CN¥2.72m (down 127% from profit in 1Q 2023). Revenue is forecast to grow 17% p.a. on average during the next 2 years, compared to a 18% growth forecast for the Electronic industry in China. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 76 percentage points per year, which is a significant difference in performance.
分析記事 • Apr 21Why Investors Shouldn't Be Surprised By Henan Ancai Hi-Tech Co.,Ltd's (SHSE:600207) 28% Share Price PlungeHenan Ancai Hi-Tech Co.,Ltd ( SHSE:600207 ) shareholders that were waiting for something to happen have been dealt a...
Reported Earnings • Mar 31Full year 2023 earnings: EPS and revenues miss analyst expectationsFull year 2023 results: CN¥0.018 loss per share (down from CN¥0.09 profit in FY 2022). Revenue: CN¥5.20b (up 25% from FY 2022). Net loss: CN¥19.3m (down 125% from profit in FY 2022). Revenue missed analyst estimates by 1.8%. Earnings per share (EPS) were also behind analyst expectations. Revenue is forecast to grow 15% p.a. on average during the next 2 years, compared to a 18% growth forecast for the Electronic industry in China. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 62 percentage points per year, which is a significant difference in performance.
お知らせ • Mar 29Henan Ancai Hi-Tech Co.,Ltd to Report Q1, 2024 Results on Apr 30, 2024Henan Ancai Hi-Tech Co.,Ltd announced that they will report Q1, 2024 results on Apr 30, 2024
分析記事 • Mar 28There's Been No Shortage Of Growth Recently For Henan Ancai Hi-TechLtd's (SHSE:600207) Returns On CapitalTo find a multi-bagger stock, what are the underlying trends we should look for in a business? Amongst other things...
分析記事 • Mar 06Improved Revenues Required Before Henan Ancai Hi-Tech Co.,Ltd (SHSE:600207) Stock's 48% Jump Looks JustifiedThose holding Henan Ancai Hi-Tech Co.,Ltd ( SHSE:600207 ) shares would be relieved that the share price has rebounded...
New Risk • Jan 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 6.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (20% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (6.7% average weekly change). Profit margins are more than 30% lower than last year (0.2% net profit margin).
お知らせ • Dec 29Henan Ancai Hi-Tech Co.,Ltd to Report Fiscal Year 2023 Results on Mar 30, 2024Henan Ancai Hi-Tech Co.,Ltd announced that they will report fiscal year 2023 results on Mar 30, 2024
New Risk • Oct 29New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 20% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (20% accrual ratio). Minor Risks Profit margins are more than 30% lower than last year (0.2% net profit margin). Shareholders have been diluted in the past year (26% increase in shares outstanding).
お知らせ • Sep 30Henan Ancai Hi-Tech Co.,Ltd to Report Q3, 2023 Results on Oct 28, 2023Henan Ancai Hi-Tech Co.,Ltd announced that they will report Q3, 2023 results at 3:00 PM, China Standard Time on Oct 28, 2023
Reported Earnings • Aug 30Second quarter 2023 earnings released: EPS: CN¥0.021 (vs CN¥0.048 in 2Q 2022)Second quarter 2023 results: EPS: CN¥0.021 (down from CN¥0.048 in 2Q 2022). Revenue: CN¥1.39b (up 43% from 2Q 2022). Net income: CN¥22.6m (down 46% from 2Q 2022). Profit margin: 1.6% (down from 4.3% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings.
お知らせ • Jun 28Henan Ancai Hi-Tech Co.,Ltd to Report First Half, 2023 Results on Aug 30, 2023Henan Ancai Hi-Tech Co.,Ltd announced that they will report first half, 2023 results on Aug 30, 2023
Reported Earnings • Mar 30Full year 2022 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2022 results: EPS: CN¥0.09 (down from CN¥0.24 in FY 2021). Revenue: CN¥4.14b (up 24% from FY 2021). Net income: CN¥77.5m (down 63% from FY 2021). Profit margin: 1.9% (down from 6.3% in FY 2021). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 4.5%. Earnings per share (EPS) exceeded analyst estimates by 28%. Revenue is forecast to grow 14% p.a. on average during the next 2 years, compared to a 18% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth.
Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Yaohui Liu was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • Oct 30Third quarter 2022 earnings releasedThird quarter 2022 results: Net income: (down CN¥27.5m from profit in 3Q 2021). Revenue is forecast to grow 27% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has increased by 69% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Sep 19Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to CN¥6.26, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 20x in the Electronic industry in China. Total returns to shareholders of 26% over the past three years.
Valuation Update With 7 Day Price Move • Jun 20Investor sentiment improved over the past weekAfter last week's 21% share price gain to CN¥7.12, the stock trades at a trailing P/E ratio of 77.9x. Average trailing P/E is 34x in the Electronic industry in China. Total returns to shareholders of 44% over the past three years.
Reported Earnings • May 02First quarter 2022 earnings released: EPS: CN¥0.023 (vs CN¥0.17 in 1Q 2021)First quarter 2022 results: EPS: CN¥0.023 (down from CN¥0.17 in 1Q 2021). Revenue: CN¥778.2m (down 16% from 1Q 2021). Net income: CN¥19.4m (down 87% from 1Q 2021). Profit margin: 2.5% (down from 16% in 1Q 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 107% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.
Board Change • Apr 27Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 10 experienced directors. No highly experienced directors. 3 independent directors (4 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Reported Earnings • Feb 28Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: CN¥0.24 (up from CN¥0.13 in FY 2020). Revenue: CN¥3.34b (up 46% from FY 2020). Net income: CN¥209.8m (up 89% from FY 2020). Profit margin: 6.3% (up from 4.8% in FY 2020). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 117% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Nov 01Third quarter 2021 earnings released: EPS CN¥0.032 (vs CN¥0.032 in 3Q 2020)The company reported a mediocre third quarter result with weaker profit margins, although earnings were flat and revenues improved. Third quarter 2021 results: Revenue: CN¥877.3m (up 59% from 3Q 2020). Net income: CN¥27.5m (flat on 3Q 2020). Profit margin: 3.1% (down from 5.0% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 109% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth.
お知らせ • Sep 08Henan Ancai Hi-Tech Co.,Ltd (SHSE:600207) signed agreement to acquire Henan Ancai Photothermal Technology Co., Ltd. from Henan Investment Group for approximately CNY 210 million.Henan Ancai Hi-Tech Co.,Ltd (SHSE:600207) signed agreement to acquire Henan Ancai Photothermal Technology Co., Ltd. from Henan Investment Group for approximately CNY 210 million on September 8, 2021. Henan Ancai Hi-Tech Co.,Ltd. will use its own funds for consideration payment. As of June 30, 2021, Henan Ancai Photothermal Technology Co., Ltd. has reported total assets of CNY 744.29 million and net assets of CNY 178.62 million. The Board of Directors of Henan Ancai Hi-Tech Co.,Ltd. has approved the transaction.
Valuation Update With 7 Day Price Move • Aug 20Investor sentiment deteriorated over the past weekAfter last week's 23% share price decline to CN¥6.96, the stock trades at a trailing P/E ratio of 23.4x. Average trailing P/E is 38x in the Electronic industry in China. Total returns to shareholders of 27% over the past three years.
Reported Earnings • Aug 15Second quarter 2021 earnings released: EPS CN¥0.033 (vs CN¥0.015 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CN¥708.6m (up 47% from 2Q 2020). Net income: CN¥28.1m (up 110% from 2Q 2020). Profit margin: 4.0% (up from 2.8% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 91% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth.
お知らせ • Jul 15Henan Ancai Hi-Tech Co.,Ltd announced that it expects to receive CNY 1.2 billion in funding from Henan Investment Group and other investorsHenan Ancai Hi-Tech Co., Ltd announced a private placement of not more than 258,880,000 A shares for gross proceeds of up to CNY 1,200,000,000 on July 14, 2021. The transaction will include participation from no more than 35 including returning investor Henan Investment Group. Henan Investment Group. The shares not exceeding 30% of the company's total share capital before the issuance. The issue price shall not be less than 80% of the average price of the company’s stock trading on the 20 trading days prior to the pricing base date. does not exceed 30% of the company's total share capital before the issuance. The shares subscribed by the controlling shareholder Henan Investment Group for this transaction shall not be transferred within 18 months from the date of completion of the offering. The shares subscribed by other issuers for this issue shall not be transferred within 6 months from the date of the end of the issue. The transaction has been approved by 13th meeting of its seventh board of directors. The transaction is subject to be submitted to the state-owned assets supervision and management agency or authorized unit for approval, and its shareholders meeting for review and approval, and It can be implemented after approval by the China Securities Regulatory Commission.
Reported Earnings • May 05First quarter 2021 earnings released: EPS CN¥0.17 (vs CN¥0.024 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: CN¥921.3m (up 64% from 1Q 2020). Net income: CN¥151.0m (up CN¥130.7m from 1Q 2020). Profit margin: 16% (up from 3.6% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 66% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings.
Reported Earnings • Mar 28Full year 2020 earnings released: EPS CN¥0.13 (vs CN¥0.023 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: CN¥2.29b (up 14% from FY 2019). Net income: CN¥111.1m (up 459% from FY 2019). Profit margin: 4.8% (up from 1.0% in FY 2019). Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings.
お知らせ • Mar 05Henan Ancai Hi-Tech Co.,Ltd to Report Fiscal Year 2020 Results on Mar 27, 2021Henan Ancai Hi-Tech Co.,Ltd announced that they will report fiscal year 2020 results on Mar 27, 2021
Is New 90 Day High Low • Dec 18New 90-day high: CN¥6.26The company is up 22% from its price of CN¥5.15 on 18 September 2020. The Chinese market is up 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is down 2.0% over the same period.
Is New 90 Day High Low • Nov 07New 90-day high: CN¥6.04The company is up 5.0% from its price of CN¥5.73 on 07 August 2020. The Chinese market is down 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is up 2.0% over the same period.
お知らせ • Oct 27Henan Ancai Hi-Tech Co.,Ltd to Report Q3, 2020 Results on Oct 30, 2020Henan Ancai Hi-Tech Co.,Ltd announced that they will report Q3, 2020 results on Oct 30, 2020
お知らせ • Jul 10Henan Ancai Hi-Tech Co.,Ltd to Report First Half, 2020 Results on Aug 28, 2020Henan Ancai Hi-Tech Co.,Ltd announced that they will report first half, 2020 results on Aug 28, 2020
