View Future GrowthAnhui Tongfeng Electronics 過去の業績過去 基準チェック /46Anhui Tongfeng Electronicsは、平均年間21.1%の収益成長を遂げていますが、 Electronic業界の収益は、年間 成長しています。収益は、平均年間0.2% 8.7%収益成長率で 成長しています。 Anhui Tongfeng Electronicsの自己資本利益率は5.9%であり、純利益率は8.8%です。主要情報21.09%収益成長率18.25%EPS成長率Electronic 業界の成長10.93%収益成長率8.71%株主資本利益率5.91%ネット・マージン8.77%前回の決算情報31 Mar 2026最近の業績更新Reported Earnings • Apr 25First quarter 2026 earnings released: EPS: CN¥0.039 (vs CN¥0.043 in 1Q 2025)First quarter 2026 results: EPS: CN¥0.039 (down from CN¥0.043 in 1Q 2025). Revenue: CN¥306.4m (down 16% from 1Q 2025). Net income: CN¥24.6m (down 9.7% from 1Q 2025). Profit margin: 8.0% (up from 7.5% in 1Q 2025). 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 whereas the company’s share price has increased by 13% per year.お知らせ • Mar 30Anhui Tongfeng Electronics Company Limited to Report Q1, 2026 Results on Apr 25, 2026Anhui Tongfeng Electronics Company Limited announced that they will report Q1, 2026 results on Apr 25, 2026Reported Earnings • Mar 18Full year 2025 earnings released: EPS: CN¥0.19 (vs CN¥0.15 in FY 2024)Full year 2025 results: EPS: CN¥0.19 (up from CN¥0.15 in FY 2024). Revenue: CN¥1.40b (up 8.3% from FY 2024). Net income: CN¥119.9m (up 25% from FY 2024). Profit margin: 8.6% (up from 7.4% in FY 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 12% per year whereas the company’s share price has increased by 10% per year.お知らせ • Dec 26Anhui Tongfeng Electronics Company Limited to Report Fiscal Year 2025 Results on Mar 17, 2026Anhui Tongfeng Electronics Company Limited announced that they will report fiscal year 2025 results on Mar 17, 2026Reported Earnings • Oct 30Third quarter 2025 earnings released: EPS: CN¥0.034 (vs CN¥0.024 in 3Q 2024)Third quarter 2025 results: EPS: CN¥0.034 (up from CN¥0.024 in 3Q 2024). Revenue: CN¥344.2m (up 6.4% from 3Q 2024). Net income: CN¥21.5m (up 39% from 3Q 2024). Profit margin: 6.2% (up from 4.8% in 3Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 11% per year whereas the company’s share price has increased by 7% per year.お知らせ • Sep 30Anhui Tongfeng Electronics Company Limited to Report Q3, 2025 Results on Oct 30, 2025Anhui Tongfeng Electronics Company Limited announced that they will report Q3, 2025 results on Oct 30, 2025すべての更新を表示Recent updatesReported Earnings • Apr 25First quarter 2026 earnings released: EPS: CN¥0.039 (vs CN¥0.043 in 1Q 2025)First quarter 2026 results: EPS: CN¥0.039 (down from CN¥0.043 in 1Q 2025). Revenue: CN¥306.4m (down 16% from 1Q 2025). Net income: CN¥24.6m (down 9.7% from 1Q 2025). Profit margin: 8.0% (up from 7.5% in 1Q 2025). 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 whereas the company’s share price has increased by 13% per year.New Risk • Apr 13New 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 8.2% 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: Minor Risks Dividend is not well covered by cash flows (403% cash payout ratio). Share price has been volatile over the past 3 months (8.2% average weekly change).お知らせ • Mar 30Anhui Tongfeng Electronics Company Limited to Report Q1, 2026 Results on Apr 25, 2026Anhui Tongfeng Electronics Company Limited announced that they will report Q1, 2026 results on Apr 25, 2026New Risk • Mar 24New minor risk - Dividend sustainabilityThe dividend is not well covered by cash flows. Cash payout ratio: 403% Dividend yield: 1.0% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. For dividend paying companies, any reduction in the dividend can significantly impact the share price. This is currently the only risk that has been identified for the company.Valuation Update With 7 Day Price Move • Mar 23Investor sentiment deteriorates as stock falls 22%After last week's 22% share price decline to CN¥8.09, the stock trades at a trailing P/E ratio of 42.6x. Average trailing P/E is 58x in the Electronic industry in China. Total returns to shareholders of 13% over the past three years.Reported Earnings • Mar 18Full year 2025 earnings released: EPS: CN¥0.19 (vs CN¥0.15 in FY 2024)Full year 2025 results: EPS: CN¥0.19 (up from CN¥0.15 in FY 2024). Revenue: CN¥1.40b (up 8.3% from FY 2024). Net income: CN¥119.9m (up 25% from FY 2024). Profit margin: 8.6% (up from 7.4% in FY 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 12% per year whereas the company’s share price has increased by 10% per year.お知らせ • Mar 16Anhui Tongfeng Electronics Company Limited, Annual General Meeting, Apr 24, 2026Anhui Tongfeng Electronics Company Limited, Annual General Meeting, Apr 24, 2026, at 14:30 China Standard Time. Location: The Company's Meeting Room, Tongling, Anhui ChinaValuation Update With 7 Day Price Move • Feb 26Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CN¥11.15, the stock trades at a trailing P/E ratio of 61.9x. Average trailing P/E is 64x in the Electronic industry in China. Total returns to shareholders of 55% over the past three years.お知らせ • Dec 26Anhui Tongfeng Electronics Company Limited to Report Fiscal Year 2025 Results on Mar 17, 2026Anhui Tongfeng Electronics Company Limited announced that they will report fiscal year 2025 results on Mar 17, 2026Buy Or Sell Opportunity • Dec 18Now 21% undervaluedOver the last 90 days, the stock has risen 14% to CN¥8.78. The fair value is estimated to be CN¥11.17, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Earnings per share has grown by 11%.Reported Earnings • Oct 30Third quarter 2025 earnings released: EPS: CN¥0.034 (vs CN¥0.024 in 3Q 2024)Third quarter 2025 results: EPS: CN¥0.034 (up from CN¥0.024 in 3Q 2024). Revenue: CN¥344.2m (up 6.4% from 3Q 2024). Net income: CN¥21.5m (up 39% from 3Q 2024). Profit margin: 6.2% (up from 4.8% in 3Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 11% per year whereas the company’s share price has increased by 7% per year.お知らせ • Sep 30Anhui Tongfeng Electronics Company Limited to Report Q3, 2025 Results on Oct 30, 2025Anhui Tongfeng Electronics Company Limited announced that they will report Q3, 2025 results on Oct 30, 2025Reported Earnings • Aug 25Second quarter 2025 earnings released: EPS: CN¥0.05 (vs CN¥0.035 in 2Q 2024)Second quarter 2025 results: EPS: CN¥0.05 (up from CN¥0.035 in 2Q 2024). Revenue: CN¥363.0m (up 11% from 2Q 2024). Net income: CN¥31.2m (up 40% from 2Q 2024). Profit margin: 8.6% (up from 6.9% in 2Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.お知らせ • Jun 30Anhui Tongfeng Electronics Company Limited to Report First Half, 2025 Results on Aug 23, 2025Anhui Tongfeng Electronics Company Limited announced that they will report first half, 2025 results on Aug 23, 2025お知らせ • Apr 20Anhui Tongfeng Electronics Company Limited, Annual General Meeting, May 09, 2025Anhui Tongfeng Electronics Company Limited, Annual General Meeting, May 09, 2025, at 14:30 China Standard Time. Location: The Company's Meeting Room, Tongling, Anhui ChinaReported Earnings • Apr 19First quarter 2025 earnings released: EPS: CN¥0.043 (vs CN¥0.039 in 1Q 2024)First quarter 2025 results: EPS: CN¥0.043 (up from CN¥0.039 in 1Q 2024). Revenue: CN¥364.7m (up 17% from 1Q 2024). Net income: CN¥27.2m (up 13% from 1Q 2024). Profit margin: 7.5% (down from 7.7% in 1Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 12% p.a. on average during the next 2 years, compared to a 17% growth forecast for the Electronic industry in China. 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 3% per year, which means it is significantly lagging earnings growth.お知らせ • Mar 28Anhui Tongfeng Electronics Company Limited to Report Q1, 2025 Results on Apr 19, 2025Anhui Tongfeng Electronics Company Limited announced that they will report Q1, 2025 results on Apr 19, 2025Reported Earnings • Mar 18Full year 2024 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2024 results: EPS: CN¥0.15 (in line with FY 2023). Revenue: CN¥1.29b (up 19% from FY 2023). Net income: CN¥95.7m (up 10% from FY 2023). Profit margin: 7.4% (down from 8.0% in FY 2023). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 1.7%. Earnings per share (EPS) missed analyst estimates by 6.3%. Revenue is forecast to grow 13% 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 15% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.分析記事 • Jan 06Anhui Tongfeng Electronics (SHSE:600237) Has A Pretty Healthy Balance SheetHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...お知らせ • Dec 27Anhui Tongfeng Electronics Company Limited to Report Fiscal Year 2024 Results on Mar 18, 2025Anhui Tongfeng Electronics Company Limited announced that they will report fiscal year 2024 results on Mar 18, 2025分析記事 • Oct 27Should You Be Adding Anhui Tongfeng Electronics (SHSE:600237) To Your Watchlist Today?It's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story...Reported Earnings • Oct 26Third quarter 2024 earnings released: EPS: CN¥0.024 (vs CN¥0.019 in 3Q 2023)Third quarter 2024 results: EPS: CN¥0.024 (up from CN¥0.019 in 3Q 2023). Revenue: CN¥323.4m (up 23% from 3Q 2023). Net income: CN¥15.4m (up 11% from 3Q 2023). Profit margin: 4.8% (down from 5.3% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 13% 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, earnings per share has increased by 21% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Oct 18Investor sentiment improves as stock rises 15%After last week's 15% share price gain to CN¥6.30, the stock trades at a forward P/E ratio of 29x. Average forward P/E is 24x in the Electronic industry in China. Total returns to shareholders of 13% over the past three years.分析記事 • Oct 08After Leaping 37% Anhui Tongfeng Electronics Company Limited (SHSE:600237) Shares Are Not Flying Under The RadarAnhui Tongfeng Electronics Company Limited ( SHSE:600237 ) shares have had a really impressive month, gaining 37% after...お知らせ • Sep 30Anhui Tongfeng Electronics Company Limited to Report Q3, 2024 Results on Oct 26, 2024Anhui Tongfeng Electronics Company Limited announced that they will report Q3, 2024 results on Oct 26, 2024Valuation Update With 7 Day Price Move • Sep 30Investor sentiment improves as stock rises 18%After last week's 18% share price gain to CN¥5.97, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 21x in the Electronic industry in China. Total returns to shareholders of 7.4% over the past three years.Reported Earnings • Aug 17Second quarter 2024 earnings released: EPS: CN¥0.035 (vs CN¥0.036 in 2Q 2023)Second quarter 2024 results: EPS: CN¥0.035. Revenue: CN¥326.6m (up 18% from 2Q 2023). Net income: CN¥22.4m (up 9.4% from 2Q 2023). Profit margin: 6.9% (down from 7.4% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Electronic industry in China.Buy Or Sell Opportunity • Jul 23Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 11% to CN¥4.82. The fair value is estimated to be CN¥6.07, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.6% over the last 3 years. Earnings per share has grown by 29%. Revenue is forecast to grow by 35% in 2 years. Earnings are forecast to grow by 108% in the next 2 years.お知らせ • Jun 28Anhui Tongfeng Electronics Company Limited to Report First Half, 2024 Results on Aug 17, 2024Anhui Tongfeng Electronics Company Limited announced that they will report first half, 2024 results on Aug 17, 2024Reported Earnings • Apr 20First quarter 2024 earnings released: EPS: CN¥0.039 (vs CN¥0.04 in 1Q 2023)First quarter 2024 results: EPS: CN¥0.039. Revenue: CN¥312.5m (up 20% from 1Q 2023). Net income: CN¥24.2m (up 8.5% from 1Q 2023). Profit margin: 7.7% (down from 8.5% in 1Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Electronic industry in China.Valuation Update With 7 Day Price Move • Apr 16Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to CN¥4.96, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 21x in the Electronic industry in China. Total loss to shareholders of 23% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥2.41 per share.お知らせ • Mar 29Anhui Tongfeng Electronics Company Limited to Report Q1, 2024 Results on Apr 20, 2024Anhui Tongfeng Electronics Company Limited announced that they will report Q1, 2024 results on Apr 20, 2024分析記事 • Mar 25Anhui Tongfeng Electronics' (SHSE:600237) Promising Earnings May Rest On Soft FoundationsAnhui Tongfeng Electronics Company Limited ( SHSE:600237 ) just reported some strong earnings, and the market reacted...お知らせ • Mar 19Anhui Tongfeng Electronics Company Limited, Annual General Meeting, Apr 09, 2024Anhui Tongfeng Electronics Company Limited, Annual General Meeting, Apr 09, 2024, at 14:30 China Standard Time. Location: The Company's Meeting Room, Tongling, Anhui ChinaReported Earnings • Mar 19Full year 2023 earnings: EPS and revenues miss analyst expectationsFull year 2023 results: EPS: CN¥0.15 (up from CN¥0.13 in FY 2022). Revenue: CN¥1.08b (up 4.1% from FY 2022). Net income: CN¥86.7m (up 17% from FY 2022). Profit margin: 8.0% (up from 7.1% in FY 2022). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 10%. Earnings per share (EPS) also missed analyst estimates by 21%. Revenue is forecast to grow 23% p.a. on average during the next 2 years, compared to a 19% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.分析記事 • Mar 06Earnings Tell The Story For Anhui Tongfeng Electronics Company Limited (SHSE:600237) As Its Stock Soars 26%Anhui Tongfeng Electronics Company Limited ( SHSE:600237 ) shareholders are no doubt pleased to see that the share...Valuation Update With 7 Day Price Move • Feb 23Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CN¥5.48, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 20x in the Electronic industry in China. Total loss to shareholders of 4.5% over the past three years.Valuation Update With 7 Day Price Move • Feb 01Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to CN¥5.26, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 17x in the Electronic industry in China. Total returns to shareholders of 10% over the past three years.お知らせ • Dec 30Anhui Tongfeng Electronics Company Limited to Report Fiscal Year 2023 Results on Mar 19, 2024Anhui Tongfeng Electronics Company Limited announced that they will report fiscal year 2023 results on Mar 19, 2024Reported Earnings • Oct 21Third quarter 2023 earnings released: EPS: CN¥0.019 (vs CN¥0.023 in 3Q 2022)Third quarter 2023 results: EPS: CN¥0.019. Revenue: CN¥262.1m (flat on 3Q 2022). Net income: CN¥13.9m (up 6.4% from 3Q 2022). Profit margin: 5.3% (up from 4.9% in 3Q 2022). Revenue is forecast to grow 22% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Electronic industry in China.お知らせ • Sep 30Anhui Tongfeng Electronics Company Limited to Report Q3, 2023 Results on Oct 21, 2023Anhui Tongfeng Electronics Company Limited announced that they will report Q3, 2023 results on Oct 21, 2023Reported Earnings • Aug 30Second quarter 2023 earnings released: EPS: CN¥0.036 (vs CN¥0.033 in 2Q 2022)Second quarter 2023 results: EPS: CN¥0.036 (up from CN¥0.033 in 2Q 2022). Revenue: CN¥275.8m (up 2.2% from 2Q 2022). Net income: CN¥20.5m (up 10% from 2Q 2022). Profit margin: 7.4% (up from 6.9% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 20% 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 93% per year but the company’s share price has only increased by 22% per year, which means it is significantly lagging earnings growth.New Risk • Aug 26New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 10% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. This is currently the only risk that has been identified for the company.お知らせ • Jun 28Anhui Tongfeng Electronics Company Limited to Report First Half, 2023 Results on Aug 30, 2023Anhui Tongfeng Electronics Company Limited announced that they will report first half, 2023 results on Aug 30, 2023Valuation Update With 7 Day Price Move • Dec 02Investor sentiment improved over the past weekAfter last week's 15% share price gain to CN¥7.11, the stock trades at a trailing P/E ratio of 57.2x. Average trailing P/E is 35x in the Electronic industry in China. Total returns to shareholders of 104% over the past three years.Board Change • Nov 16Less than half of directors are independentThere are 7 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 7 new directors. 3 experienced directors. 1 highly experienced director. 3 independent directors (5 non-independent directors). Equipment Head of Locomotive Power Capacitor Factory & Employee Rep. of the Supervisory Board Yunkai Huang is the most experienced director on the board, commencing their role in 2012. Independent Director Wen Ping Ye was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors.Reported Earnings • Oct 29Third quarter 2022 earnings releasedThird quarter 2022 results: EPS: CN¥0.023. Net income: CN¥13.0m (up CN¥13.0m from 3Q 2021). Over the last 3 years on average, earnings per share has increased by 102% per year but the company’s share price has only increased by 21% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Aug 31Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to CN¥6.57, the stock trades at a trailing P/E ratio of 59x. Average trailing P/E is 35x in the Electronic industry in China. Total returns to shareholders of 61% over the past three years.Buying Opportunity • Aug 31Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 2.4%. The fair value is estimated to be CN¥8.31, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.5% over the last 3 years. Meanwhile, the company has become profitable.Reported Earnings • Aug 20Second quarter 2022 earnings released: EPS: CN¥0.033 (vs CN¥0.03 in 2Q 2021)Second quarter 2022 results: EPS: CN¥0.033 (up from CN¥0.03 in 2Q 2021). Revenue: CN¥269.8m (up 8.5% from 2Q 2021). Net income: CN¥18.5m (up 9.6% from 2Q 2021). Profit margin: 6.9% (up from 6.8% in 2Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 82% per year but the company’s share price has only increased by 27% per year, which means it is significantly lagging earnings growth.Board Change • Apr 27Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 12 experienced directors. No highly experienced directors. Independent Director Dong Hua Wen was the last director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.Board Change • Apr 02Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 12 experienced directors. No highly experienced directors. Independent Director Dong Hua Wen was the last director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.Reported Earnings • Mar 10Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: CN¥0.091 (up from CN¥0.01 in FY 2020). Revenue: CN¥1.00b (up 18% from FY 2020). Net income: CN¥51.2m (up CN¥43.2m from FY 2020). Profit margin: 5.1% (up from 0.9% 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 31% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth.Reported Earnings • Oct 26Third quarter 2021 earnings released: EPS CN¥0.01 (vs CN¥0.017 in 3Q 2020)The company reported a soft third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: CN¥241.1m (up 1.1% from 3Q 2020). Net income: CN¥5.66m (down 42% from 3Q 2020). Profit margin: 2.3% (down from 4.1% 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 7% per year but the company’s share price has increased by 21% per year, which means it is tracking significantly ahead of earnings growth.Reported Earnings • Aug 29Second quarter 2021 earnings released: EPS CN¥0.019 (vs CN¥0.002 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CN¥253.6m (up 32% from 2Q 2020). Net income: CN¥10.7m (up CN¥9.81m from 2Q 2020). Profit margin: 4.2% (up from 0.4% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has increased by 22% per year, which means it is well ahead of earnings.Reported Earnings • Apr 28First quarter 2021 earnings released: EPS CN¥0.03 (vs CN¥0.01 loss in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: CN¥248.7m (up 30% from 1Q 2020). Net income: CN¥16.9m (up CN¥22.3m from 1Q 2020). Profit margin: 6.8% (up from net loss in 1Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 55% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings.Is New 90 Day High Low • Jan 20New 90-day high: CN¥5.68The company is up 31% from its price of CN¥4.35 on 22 October 2020. The Chinese market is up 7.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is up 8.0% over the same period.Is New 90 Day High Low • Dec 04New 90-day high: CN¥5.05The company is up 14% from its price of CN¥4.43 on 04 September 2020. The Chinese market is flat over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is down 1.0% over the same period.Reported Earnings • Oct 28Third quarter earnings releasedOver the last 12 months the company has reported total losses of CN¥126.8m, with losses widening by CN¥109.8m from the prior year. Total revenue was CN¥836.2m over the last 12 months, largely unchanged from the prior year.お知らせ • Jul 09Anhui Tongfeng Electronics Company Limited to Report First Half, 2020 Results on Aug 26, 2020Anhui Tongfeng Electronics Company Limited announced that they will report first half, 2020 results on Aug 26, 2020収支内訳Anhui Tongfeng Electronics の稼ぎ方とお金の使い方。LTMベースの直近の報告された収益に基づく。収益と収入の歴史SHSE:600237 収益、費用、利益 ( )CNY Millions日付収益収益G+A経費研究開発費31 Mar 261,3371171485331 Dec 251,3951201585330 Sep 251,3971141594830 Jun 251,3771081614631 Mar 251,340991594731 Dec 241,288961524830 Sep 241,247921424430 Jun 241,185911334631 Mar 241,135891214131 Dec 231,083871183830 Sep 231,057781175030 Jun 231,058771165031 Mar 231,052751184931 Dec 221,040741184430 Sep 221,040701024230 Jun 221,017631023731 Mar 221,00155893731 Dec 211,00051853630 Sep 2196936953330 Jun 2196640913231 Mar 2190530922731 Dec 208478882730 Sep 20836-1271202430 Jun 20794-1421192031 Mar 20807-1441272231 Dec 19822-1531292430 Sep 19841-161072730 Jun 19844-111013031 Mar 19886-81063031 Dec 18885101022630 Sep 18867101162830 Jun 18862131014131 Mar 18827121073431 Dec 17813141073030 Sep 17740-1391192030 Jun 17680-166144031 Mar 17631-207137031 Dec 16591-210142030 Sep 16582-25135030 Jun 16564-25126031 Mar 1656911120031 Dec 1560014121030 Sep 15631-71100030 Jun 15670-621200質の高い収益: 600237は 高品質の収益 を持っています。利益率の向上: 600237の現在の純利益率 (8.8%)は、昨年(7.4%)よりも高くなっています。フリー・キャッシュフローと収益の比較過去の収益成長分析収益動向: 600237の収益は過去 5 年間で年間21.1%増加しました。成長の加速: 600237の過去 1 年間の収益成長率 ( 18.7% ) は、5 年間の平均 ( 年間21.1%を下回っています。収益対業界: 600237の過去 1 年間の収益成長率 ( 18.7% ) はElectronic業界9.4%を上回りました。株主資本利益率高いROE: 600237の 自己資本利益率 ( 5.9% ) は 低い とみなされます。総資産利益率使用総資本利益率過去の好業績企業の発掘7D1Y7D1Y7D1YTech 、過去の業績が好調な企業。View Financial Health企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/23 20:31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Anhui Tongfeng Electronics Company Limited 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。1 アナリスト機関Kai LiuEverbright Securities Co. Ltd.
Reported Earnings • Apr 25First quarter 2026 earnings released: EPS: CN¥0.039 (vs CN¥0.043 in 1Q 2025)First quarter 2026 results: EPS: CN¥0.039 (down from CN¥0.043 in 1Q 2025). Revenue: CN¥306.4m (down 16% from 1Q 2025). Net income: CN¥24.6m (down 9.7% from 1Q 2025). Profit margin: 8.0% (up from 7.5% in 1Q 2025). 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 whereas the company’s share price has increased by 13% per year.
お知らせ • Mar 30Anhui Tongfeng Electronics Company Limited to Report Q1, 2026 Results on Apr 25, 2026Anhui Tongfeng Electronics Company Limited announced that they will report Q1, 2026 results on Apr 25, 2026
Reported Earnings • Mar 18Full year 2025 earnings released: EPS: CN¥0.19 (vs CN¥0.15 in FY 2024)Full year 2025 results: EPS: CN¥0.19 (up from CN¥0.15 in FY 2024). Revenue: CN¥1.40b (up 8.3% from FY 2024). Net income: CN¥119.9m (up 25% from FY 2024). Profit margin: 8.6% (up from 7.4% in FY 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 12% per year whereas the company’s share price has increased by 10% per year.
お知らせ • Dec 26Anhui Tongfeng Electronics Company Limited to Report Fiscal Year 2025 Results on Mar 17, 2026Anhui Tongfeng Electronics Company Limited announced that they will report fiscal year 2025 results on Mar 17, 2026
Reported Earnings • Oct 30Third quarter 2025 earnings released: EPS: CN¥0.034 (vs CN¥0.024 in 3Q 2024)Third quarter 2025 results: EPS: CN¥0.034 (up from CN¥0.024 in 3Q 2024). Revenue: CN¥344.2m (up 6.4% from 3Q 2024). Net income: CN¥21.5m (up 39% from 3Q 2024). Profit margin: 6.2% (up from 4.8% in 3Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 11% per year whereas the company’s share price has increased by 7% per year.
お知らせ • Sep 30Anhui Tongfeng Electronics Company Limited to Report Q3, 2025 Results on Oct 30, 2025Anhui Tongfeng Electronics Company Limited announced that they will report Q3, 2025 results on Oct 30, 2025
Reported Earnings • Apr 25First quarter 2026 earnings released: EPS: CN¥0.039 (vs CN¥0.043 in 1Q 2025)First quarter 2026 results: EPS: CN¥0.039 (down from CN¥0.043 in 1Q 2025). Revenue: CN¥306.4m (down 16% from 1Q 2025). Net income: CN¥24.6m (down 9.7% from 1Q 2025). Profit margin: 8.0% (up from 7.5% in 1Q 2025). 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 whereas the company’s share price has increased by 13% per year.
New Risk • Apr 13New 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 8.2% 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: Minor Risks Dividend is not well covered by cash flows (403% cash payout ratio). Share price has been volatile over the past 3 months (8.2% average weekly change).
お知らせ • Mar 30Anhui Tongfeng Electronics Company Limited to Report Q1, 2026 Results on Apr 25, 2026Anhui Tongfeng Electronics Company Limited announced that they will report Q1, 2026 results on Apr 25, 2026
New Risk • Mar 24New minor risk - Dividend sustainabilityThe dividend is not well covered by cash flows. Cash payout ratio: 403% Dividend yield: 1.0% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. For dividend paying companies, any reduction in the dividend can significantly impact the share price. This is currently the only risk that has been identified for the company.
Valuation Update With 7 Day Price Move • Mar 23Investor sentiment deteriorates as stock falls 22%After last week's 22% share price decline to CN¥8.09, the stock trades at a trailing P/E ratio of 42.6x. Average trailing P/E is 58x in the Electronic industry in China. Total returns to shareholders of 13% over the past three years.
Reported Earnings • Mar 18Full year 2025 earnings released: EPS: CN¥0.19 (vs CN¥0.15 in FY 2024)Full year 2025 results: EPS: CN¥0.19 (up from CN¥0.15 in FY 2024). Revenue: CN¥1.40b (up 8.3% from FY 2024). Net income: CN¥119.9m (up 25% from FY 2024). Profit margin: 8.6% (up from 7.4% in FY 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 12% per year whereas the company’s share price has increased by 10% per year.
お知らせ • Mar 16Anhui Tongfeng Electronics Company Limited, Annual General Meeting, Apr 24, 2026Anhui Tongfeng Electronics Company Limited, Annual General Meeting, Apr 24, 2026, at 14:30 China Standard Time. Location: The Company's Meeting Room, Tongling, Anhui China
Valuation Update With 7 Day Price Move • Feb 26Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CN¥11.15, the stock trades at a trailing P/E ratio of 61.9x. Average trailing P/E is 64x in the Electronic industry in China. Total returns to shareholders of 55% over the past three years.
お知らせ • Dec 26Anhui Tongfeng Electronics Company Limited to Report Fiscal Year 2025 Results on Mar 17, 2026Anhui Tongfeng Electronics Company Limited announced that they will report fiscal year 2025 results on Mar 17, 2026
Buy Or Sell Opportunity • Dec 18Now 21% undervaluedOver the last 90 days, the stock has risen 14% to CN¥8.78. The fair value is estimated to be CN¥11.17, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Earnings per share has grown by 11%.
Reported Earnings • Oct 30Third quarter 2025 earnings released: EPS: CN¥0.034 (vs CN¥0.024 in 3Q 2024)Third quarter 2025 results: EPS: CN¥0.034 (up from CN¥0.024 in 3Q 2024). Revenue: CN¥344.2m (up 6.4% from 3Q 2024). Net income: CN¥21.5m (up 39% from 3Q 2024). Profit margin: 6.2% (up from 4.8% in 3Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 11% per year whereas the company’s share price has increased by 7% per year.
お知らせ • Sep 30Anhui Tongfeng Electronics Company Limited to Report Q3, 2025 Results on Oct 30, 2025Anhui Tongfeng Electronics Company Limited announced that they will report Q3, 2025 results on Oct 30, 2025
Reported Earnings • Aug 25Second quarter 2025 earnings released: EPS: CN¥0.05 (vs CN¥0.035 in 2Q 2024)Second quarter 2025 results: EPS: CN¥0.05 (up from CN¥0.035 in 2Q 2024). Revenue: CN¥363.0m (up 11% from 2Q 2024). Net income: CN¥31.2m (up 40% from 2Q 2024). Profit margin: 8.6% (up from 6.9% in 2Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.
お知らせ • Jun 30Anhui Tongfeng Electronics Company Limited to Report First Half, 2025 Results on Aug 23, 2025Anhui Tongfeng Electronics Company Limited announced that they will report first half, 2025 results on Aug 23, 2025
お知らせ • Apr 20Anhui Tongfeng Electronics Company Limited, Annual General Meeting, May 09, 2025Anhui Tongfeng Electronics Company Limited, Annual General Meeting, May 09, 2025, at 14:30 China Standard Time. Location: The Company's Meeting Room, Tongling, Anhui China
Reported Earnings • Apr 19First quarter 2025 earnings released: EPS: CN¥0.043 (vs CN¥0.039 in 1Q 2024)First quarter 2025 results: EPS: CN¥0.043 (up from CN¥0.039 in 1Q 2024). Revenue: CN¥364.7m (up 17% from 1Q 2024). Net income: CN¥27.2m (up 13% from 1Q 2024). Profit margin: 7.5% (down from 7.7% in 1Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 12% p.a. on average during the next 2 years, compared to a 17% growth forecast for the Electronic industry in China. 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 3% per year, which means it is significantly lagging earnings growth.
お知らせ • Mar 28Anhui Tongfeng Electronics Company Limited to Report Q1, 2025 Results on Apr 19, 2025Anhui Tongfeng Electronics Company Limited announced that they will report Q1, 2025 results on Apr 19, 2025
Reported Earnings • Mar 18Full year 2024 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2024 results: EPS: CN¥0.15 (in line with FY 2023). Revenue: CN¥1.29b (up 19% from FY 2023). Net income: CN¥95.7m (up 10% from FY 2023). Profit margin: 7.4% (down from 8.0% in FY 2023). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 1.7%. Earnings per share (EPS) missed analyst estimates by 6.3%. Revenue is forecast to grow 13% 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 15% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.
分析記事 • Jan 06Anhui Tongfeng Electronics (SHSE:600237) Has A Pretty Healthy Balance SheetHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
お知らせ • Dec 27Anhui Tongfeng Electronics Company Limited to Report Fiscal Year 2024 Results on Mar 18, 2025Anhui Tongfeng Electronics Company Limited announced that they will report fiscal year 2024 results on Mar 18, 2025
分析記事 • Oct 27Should You Be Adding Anhui Tongfeng Electronics (SHSE:600237) To Your Watchlist Today?It's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story...
Reported Earnings • Oct 26Third quarter 2024 earnings released: EPS: CN¥0.024 (vs CN¥0.019 in 3Q 2023)Third quarter 2024 results: EPS: CN¥0.024 (up from CN¥0.019 in 3Q 2023). Revenue: CN¥323.4m (up 23% from 3Q 2023). Net income: CN¥15.4m (up 11% from 3Q 2023). Profit margin: 4.8% (down from 5.3% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 13% 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, earnings per share has increased by 21% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Oct 18Investor sentiment improves as stock rises 15%After last week's 15% share price gain to CN¥6.30, the stock trades at a forward P/E ratio of 29x. Average forward P/E is 24x in the Electronic industry in China. Total returns to shareholders of 13% over the past three years.
分析記事 • Oct 08After Leaping 37% Anhui Tongfeng Electronics Company Limited (SHSE:600237) Shares Are Not Flying Under The RadarAnhui Tongfeng Electronics Company Limited ( SHSE:600237 ) shares have had a really impressive month, gaining 37% after...
お知らせ • Sep 30Anhui Tongfeng Electronics Company Limited to Report Q3, 2024 Results on Oct 26, 2024Anhui Tongfeng Electronics Company Limited announced that they will report Q3, 2024 results on Oct 26, 2024
Valuation Update With 7 Day Price Move • Sep 30Investor sentiment improves as stock rises 18%After last week's 18% share price gain to CN¥5.97, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 21x in the Electronic industry in China. Total returns to shareholders of 7.4% over the past three years.
Reported Earnings • Aug 17Second quarter 2024 earnings released: EPS: CN¥0.035 (vs CN¥0.036 in 2Q 2023)Second quarter 2024 results: EPS: CN¥0.035. Revenue: CN¥326.6m (up 18% from 2Q 2023). Net income: CN¥22.4m (up 9.4% from 2Q 2023). Profit margin: 6.9% (down from 7.4% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Electronic industry in China.
Buy Or Sell Opportunity • Jul 23Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 11% to CN¥4.82. The fair value is estimated to be CN¥6.07, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.6% over the last 3 years. Earnings per share has grown by 29%. Revenue is forecast to grow by 35% in 2 years. Earnings are forecast to grow by 108% in the next 2 years.
お知らせ • Jun 28Anhui Tongfeng Electronics Company Limited to Report First Half, 2024 Results on Aug 17, 2024Anhui Tongfeng Electronics Company Limited announced that they will report first half, 2024 results on Aug 17, 2024
Reported Earnings • Apr 20First quarter 2024 earnings released: EPS: CN¥0.039 (vs CN¥0.04 in 1Q 2023)First quarter 2024 results: EPS: CN¥0.039. Revenue: CN¥312.5m (up 20% from 1Q 2023). Net income: CN¥24.2m (up 8.5% from 1Q 2023). Profit margin: 7.7% (down from 8.5% in 1Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Electronic industry in China.
Valuation Update With 7 Day Price Move • Apr 16Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to CN¥4.96, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 21x in the Electronic industry in China. Total loss to shareholders of 23% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥2.41 per share.
お知らせ • Mar 29Anhui Tongfeng Electronics Company Limited to Report Q1, 2024 Results on Apr 20, 2024Anhui Tongfeng Electronics Company Limited announced that they will report Q1, 2024 results on Apr 20, 2024
分析記事 • Mar 25Anhui Tongfeng Electronics' (SHSE:600237) Promising Earnings May Rest On Soft FoundationsAnhui Tongfeng Electronics Company Limited ( SHSE:600237 ) just reported some strong earnings, and the market reacted...
お知らせ • Mar 19Anhui Tongfeng Electronics Company Limited, Annual General Meeting, Apr 09, 2024Anhui Tongfeng Electronics Company Limited, Annual General Meeting, Apr 09, 2024, at 14:30 China Standard Time. Location: The Company's Meeting Room, Tongling, Anhui China
Reported Earnings • Mar 19Full year 2023 earnings: EPS and revenues miss analyst expectationsFull year 2023 results: EPS: CN¥0.15 (up from CN¥0.13 in FY 2022). Revenue: CN¥1.08b (up 4.1% from FY 2022). Net income: CN¥86.7m (up 17% from FY 2022). Profit margin: 8.0% (up from 7.1% in FY 2022). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 10%. Earnings per share (EPS) also missed analyst estimates by 21%. Revenue is forecast to grow 23% p.a. on average during the next 2 years, compared to a 19% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.
分析記事 • Mar 06Earnings Tell The Story For Anhui Tongfeng Electronics Company Limited (SHSE:600237) As Its Stock Soars 26%Anhui Tongfeng Electronics Company Limited ( SHSE:600237 ) shareholders are no doubt pleased to see that the share...
Valuation Update With 7 Day Price Move • Feb 23Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CN¥5.48, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 20x in the Electronic industry in China. Total loss to shareholders of 4.5% over the past three years.
Valuation Update With 7 Day Price Move • Feb 01Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to CN¥5.26, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 17x in the Electronic industry in China. Total returns to shareholders of 10% over the past three years.
お知らせ • Dec 30Anhui Tongfeng Electronics Company Limited to Report Fiscal Year 2023 Results on Mar 19, 2024Anhui Tongfeng Electronics Company Limited announced that they will report fiscal year 2023 results on Mar 19, 2024
Reported Earnings • Oct 21Third quarter 2023 earnings released: EPS: CN¥0.019 (vs CN¥0.023 in 3Q 2022)Third quarter 2023 results: EPS: CN¥0.019. Revenue: CN¥262.1m (flat on 3Q 2022). Net income: CN¥13.9m (up 6.4% from 3Q 2022). Profit margin: 5.3% (up from 4.9% in 3Q 2022). Revenue is forecast to grow 22% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Electronic industry in China.
お知らせ • Sep 30Anhui Tongfeng Electronics Company Limited to Report Q3, 2023 Results on Oct 21, 2023Anhui Tongfeng Electronics Company Limited announced that they will report Q3, 2023 results on Oct 21, 2023
Reported Earnings • Aug 30Second quarter 2023 earnings released: EPS: CN¥0.036 (vs CN¥0.033 in 2Q 2022)Second quarter 2023 results: EPS: CN¥0.036 (up from CN¥0.033 in 2Q 2022). Revenue: CN¥275.8m (up 2.2% from 2Q 2022). Net income: CN¥20.5m (up 10% from 2Q 2022). Profit margin: 7.4% (up from 6.9% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 20% 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 93% per year but the company’s share price has only increased by 22% per year, which means it is significantly lagging earnings growth.
New Risk • Aug 26New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 10% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. This is currently the only risk that has been identified for the company.
お知らせ • Jun 28Anhui Tongfeng Electronics Company Limited to Report First Half, 2023 Results on Aug 30, 2023Anhui Tongfeng Electronics Company Limited announced that they will report first half, 2023 results on Aug 30, 2023
Valuation Update With 7 Day Price Move • Dec 02Investor sentiment improved over the past weekAfter last week's 15% share price gain to CN¥7.11, the stock trades at a trailing P/E ratio of 57.2x. Average trailing P/E is 35x in the Electronic industry in China. Total returns to shareholders of 104% over the past three years.
Board Change • Nov 16Less than half of directors are independentThere are 7 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 7 new directors. 3 experienced directors. 1 highly experienced director. 3 independent directors (5 non-independent directors). Equipment Head of Locomotive Power Capacitor Factory & Employee Rep. of the Supervisory Board Yunkai Huang is the most experienced director on the board, commencing their role in 2012. Independent Director Wen Ping Ye was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors.
Reported Earnings • Oct 29Third quarter 2022 earnings releasedThird quarter 2022 results: EPS: CN¥0.023. Net income: CN¥13.0m (up CN¥13.0m from 3Q 2021). Over the last 3 years on average, earnings per share has increased by 102% per year but the company’s share price has only increased by 21% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Aug 31Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to CN¥6.57, the stock trades at a trailing P/E ratio of 59x. Average trailing P/E is 35x in the Electronic industry in China. Total returns to shareholders of 61% over the past three years.
Buying Opportunity • Aug 31Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 2.4%. The fair value is estimated to be CN¥8.31, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.5% over the last 3 years. Meanwhile, the company has become profitable.
Reported Earnings • Aug 20Second quarter 2022 earnings released: EPS: CN¥0.033 (vs CN¥0.03 in 2Q 2021)Second quarter 2022 results: EPS: CN¥0.033 (up from CN¥0.03 in 2Q 2021). Revenue: CN¥269.8m (up 8.5% from 2Q 2021). Net income: CN¥18.5m (up 9.6% from 2Q 2021). Profit margin: 6.9% (up from 6.8% in 2Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 82% per year but the company’s share price has only increased by 27% per year, which means it is significantly lagging earnings growth.
Board Change • Apr 27Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 12 experienced directors. No highly experienced directors. Independent Director Dong Hua Wen was the last director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.
Board Change • Apr 02Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 12 experienced directors. No highly experienced directors. Independent Director Dong Hua Wen was the last director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.
Reported Earnings • Mar 10Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: CN¥0.091 (up from CN¥0.01 in FY 2020). Revenue: CN¥1.00b (up 18% from FY 2020). Net income: CN¥51.2m (up CN¥43.2m from FY 2020). Profit margin: 5.1% (up from 0.9% 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 31% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Oct 26Third quarter 2021 earnings released: EPS CN¥0.01 (vs CN¥0.017 in 3Q 2020)The company reported a soft third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: CN¥241.1m (up 1.1% from 3Q 2020). Net income: CN¥5.66m (down 42% from 3Q 2020). Profit margin: 2.3% (down from 4.1% 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 7% per year but the company’s share price has increased by 21% per year, which means it is tracking significantly ahead of earnings growth.
Reported Earnings • Aug 29Second quarter 2021 earnings released: EPS CN¥0.019 (vs CN¥0.002 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CN¥253.6m (up 32% from 2Q 2020). Net income: CN¥10.7m (up CN¥9.81m from 2Q 2020). Profit margin: 4.2% (up from 0.4% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has increased by 22% per year, which means it is well ahead of earnings.
Reported Earnings • Apr 28First quarter 2021 earnings released: EPS CN¥0.03 (vs CN¥0.01 loss in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: CN¥248.7m (up 30% from 1Q 2020). Net income: CN¥16.9m (up CN¥22.3m from 1Q 2020). Profit margin: 6.8% (up from net loss in 1Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 55% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings.
Is New 90 Day High Low • Jan 20New 90-day high: CN¥5.68The company is up 31% from its price of CN¥4.35 on 22 October 2020. The Chinese market is up 7.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is up 8.0% over the same period.
Is New 90 Day High Low • Dec 04New 90-day high: CN¥5.05The company is up 14% from its price of CN¥4.43 on 04 September 2020. The Chinese market is flat over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is down 1.0% over the same period.
Reported Earnings • Oct 28Third quarter earnings releasedOver the last 12 months the company has reported total losses of CN¥126.8m, with losses widening by CN¥109.8m from the prior year. Total revenue was CN¥836.2m over the last 12 months, largely unchanged from the prior year.
お知らせ • Jul 09Anhui Tongfeng Electronics Company Limited to Report First Half, 2020 Results on Aug 26, 2020Anhui Tongfeng Electronics Company Limited announced that they will report first half, 2020 results on Aug 26, 2020