Ningbo Yunsheng（600366）株式概要寧波雲生有限公司は、中国においてレアアース永久磁石材料の研究開発、製造、販売を行っている。 詳細600366 ファンダメンタル分析スノーフレーク・スコア評価3/6将来の成長5/6過去の実績4/6財務の健全性6/6配当金3/6報酬株価収益率（ 34.7 x） CN市場（ 49.6 x）を下回っています。収益は年間27.57%増加すると予測されています 過去1年間で収益は209%増加しました 同業他社や業界と比較して、良好な取引価格 リスク分析不安定な配当実績 すべてのリスクチェックを見る600366 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¥13.1139.9% 割安 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture-247m16b2016201920222025202620282031Revenue CN¥15.6bEarnings CN¥1.1bAdvancedSet Fair ValueView all narrativesNingbo Yunsheng Co., Ltd. 競合他社Beijing Yuanliu Hongyuan Electronic TechnologySymbol: SHSE:603267Market cap: CN¥14.9bShenzhen Uniconn TechnologySymbol: SZSE:301631Market cap: CN¥12.5bKunshan Kersen Science & TechnologyLtdSymbol: SHSE:603626Market cap: CN¥15.5bJilin OLED Material TechSymbol: SHSE:688378Market cap: CN¥13.2b価格と性能株価の高値、安値、推移の概要Ningbo Yunsheng過去の株価現在の株価CN¥13.1152週高値CN¥18.4552週安値CN¥7.77ベータ0.621ヶ月の変化2.50%3ヶ月変化-7.74%1年変化64.70%3年間の変化64.29%5年間の変化106.78%IPOからの変化231.36%最新ニュースお知らせ • Apr 13Ningbo Yunsheng Co., Ltd., Annual General Meeting, May 08, 2026Ningbo Yunsheng Co., Ltd., Annual General Meeting, May 08, 2026, at 14:00 China Standard Time. Location: No. 1, Yangfan Road, Yinzhou District, Ningbo, Zhejiang ChinaReported Earnings • Apr 11Full year 2025 earnings released: EPS: CN¥0.31 (vs CN¥0.087 in FY 2024)Full year 2025 results: EPS: CN¥0.31 (up from CN¥0.087 in FY 2024). Revenue: CN¥5.46b (up 8.4% from FY 2024). Net income: CN¥330.8m (up 248% from FY 2024). Profit margin: 6.1% (up from 1.9% 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 28% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.お知らせ • Mar 30Ningbo Yunsheng Co., Ltd. to Report Q1, 2026 Results on Apr 23, 2026Ningbo Yunsheng Co., Ltd. announced that they will report Q1, 2026 results on Apr 23, 2026New Risk • Mar 17New minor risk - Dividend sustainabilityThe company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 0.4% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 25% per year over the past 5 years. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.New Risk • Jan 29New major risk - Revenue and earnings growthEarnings have declined by 25% 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 26Ningbo Yunsheng Co., Ltd. to Report Fiscal Year 2025 Results on Apr 11, 2026Ningbo Yunsheng Co., Ltd. announced that they will report fiscal year 2025 results on Apr 11, 2026最新情報をもっと見るRecent updatesお知らせ • Apr 13Ningbo Yunsheng Co., Ltd., Annual General Meeting, May 08, 2026Ningbo Yunsheng Co., Ltd., Annual General Meeting, May 08, 2026, at 14:00 China Standard Time. Location: No. 1, Yangfan Road, Yinzhou District, Ningbo, Zhejiang ChinaReported Earnings • Apr 11Full year 2025 earnings released: EPS: CN¥0.31 (vs CN¥0.087 in FY 2024)Full year 2025 results: EPS: CN¥0.31 (up from CN¥0.087 in FY 2024). Revenue: CN¥5.46b (up 8.4% from FY 2024). Net income: CN¥330.8m (up 248% from FY 2024). Profit margin: 6.1% (up from 1.9% 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 28% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.お知らせ • Mar 30Ningbo Yunsheng Co., Ltd. to Report Q1, 2026 Results on Apr 23, 2026Ningbo Yunsheng Co., Ltd. announced that they will report Q1, 2026 results on Apr 23, 2026New Risk • Mar 17New minor risk - Dividend sustainabilityThe company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 0.4% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 25% per year over the past 5 years. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.New Risk • Jan 29New major risk - Revenue and earnings growthEarnings have declined by 25% 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 26Ningbo Yunsheng Co., Ltd. to Report Fiscal Year 2025 Results on Apr 11, 2026Ningbo Yunsheng Co., Ltd. announced that they will report fiscal year 2025 results on Apr 11, 2026Reported Earnings • Oct 31Third quarter 2025 earnings released: EPS: CN¥0.16 (vs CN¥0.028 in 3Q 2024)Third quarter 2025 results: EPS: CN¥0.16 (up from CN¥0.028 in 3Q 2024). Revenue: CN¥1.56b (up 16% from 3Q 2024). Net income: CN¥168.1m (up 449% from 3Q 2024). Profit margin: 11% (up from 2.3% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 19% p.a. on average during the next 3 years, compared to a 22% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings.お知らせ • Sep 30Ningbo Yunsheng Co., Ltd. to Report Q3, 2025 Results on Oct 31, 2025Ningbo Yunsheng Co., Ltd. announced that they will report Q3, 2025 results on Oct 31, 2025Reported Earnings • Aug 26Second quarter 2025 earnings released: EPS: CN¥0.067 (vs CN¥0.035 in 2Q 2024)Second quarter 2025 results: EPS: CN¥0.067 (up from CN¥0.035 in 2Q 2024). Revenue: CN¥1.23b (down 4.2% from 2Q 2024). Net income: CN¥70.6m (up 81% from 2Q 2024). Profit margin: 5.8% (up from 3.0% in 2Q 2024). The increase in margin was driven by lower expenses. Revenue is forecast to grow 19% 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 58% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings.New Risk • Jun 30New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 8.3% 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 Share price has been volatile over the past 3 months (8.3% average weekly change). Large one-off items impacting financial results.お知らせ • Jun 30Ningbo Yunsheng Co., Ltd. to Report First Half, 2025 Results on Aug 23, 2025Ningbo Yunsheng Co., Ltd. announced that they will report first half, 2025 results on Aug 23, 2025Valuation Update With 7 Day Price Move • Jun 11Investor sentiment improves as stock rises 20%After last week's 20% share price gain to CN¥9.61, the stock trades at a forward P/E ratio of 39x. Average forward P/E is 25x in the Electronic industry in China. Total loss to shareholders of 7.1% over the past three years.New Risk • May 10New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 48% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results.Reported Earnings • Apr 30Full year 2024 earnings: EPS misses analyst expectationsFull year 2024 results: EPS: CN¥0.087 (up from CN¥0.21 loss in FY 2023). Revenue: CN¥5.04b (down 6.1% from FY 2023). Net income: CN¥95.1m (up CN¥322.5m from FY 2023). Profit margin: 1.9% (up from net loss in FY 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 21%. Revenue is forecast to grow 24% 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, the company's share price growth rate has exceeded its earnings growth rate by 82 percentage points per year, which is a significant difference in performance.お知らせ • Apr 30Ningbo Yunsheng Co., Ltd., Annual General Meeting, May 30, 2025Ningbo Yunsheng Co., Ltd., Annual General Meeting, May 30, 2025, at 15:00 China Standard Time. Location: The Company's Meeting Room, Ningbo, Zhejiang Chinaお知らせ • Mar 28Ningbo Yunsheng Co., Ltd. to Report Q1, 2025 Results on Apr 30, 2025Ningbo Yunsheng Co., Ltd. announced that they will report Q1, 2025 results on Apr 30, 2025お知らせ • Dec 27Ningbo Yunsheng Co., Ltd. to Report Fiscal Year 2024 Results on Apr 30, 2025Ningbo Yunsheng Co., Ltd. announced that they will report fiscal year 2024 results on Apr 30, 2025分析記事 • Nov 06Solid Earnings May Not Tell The Whole Story For Ningbo Yunsheng (SHSE:600366)Following the solid earnings report from Ningbo Yunsheng Co., Ltd. ( SHSE:600366 ), the market responded by bidding up...Reported Earnings • Oct 31Third quarter 2024 earnings released: EPS: CN¥0.028 (vs CN¥0.056 loss in 3Q 2023)Third quarter 2024 results: EPS: CN¥0.028 (up from CN¥0.056 loss in 3Q 2023). Revenue: CN¥1.35b (flat on 3Q 2023). Net income: CN¥30.6m (up CN¥90.7m from 3Q 2023). Profit margin: 2.3% (up from net loss in 3Q 2023). Revenue is forecast to grow 24% 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 73 percentage points per year, which is a significant difference in performance.分析記事 • Oct 01Ningbo Yunsheng Co., Ltd.'s (SHSE:600366) Revenues Are Not Doing Enough For Some InvestorsNingbo Yunsheng Co., Ltd.'s ( SHSE:600366 ) price-to-sales (or "P/S") ratio of 1.5x might make it look like a strong...お知らせ • Sep 30Ningbo Yunsheng Co., Ltd. to Report Q3, 2024 Results on Oct 31, 2024Ningbo Yunsheng Co., Ltd. announced that they will report Q3, 2024 results on Oct 31, 2024Price Target Changed • Sep 04Price target increased by 7.6% to CN¥7.32Up from CN¥6.80, the current price target is an average from 2 analysts. New target price is 29% above last closing price of CN¥5.67. Stock is down 23% over the past year. The company is forecast to post earnings per share of CN¥0.11 next year compared to a net loss per share of CN¥0.21 last year.Reported Earnings • Aug 31Second quarter 2024 earnings released: EPS: CN¥0.035 (vs CN¥0.19 loss in 2Q 2023)Second quarter 2024 results: EPS: CN¥0.035 (up from CN¥0.19 loss in 2Q 2023). Revenue: CN¥1.28b (up 2.0% from 2Q 2023). Net income: CN¥39.0m (up CN¥244.7m from 2Q 2023). Profit margin: 3.0% (up from net loss in 2Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 59 percentage points per year, which is a significant difference in performance.Declared Dividend • Jul 10Dividend of CN¥0.05 announcedShareholders will receive a dividend of CN¥0.05. Ex-date: 12th July 2024 Payment date: 12th July 2024 Dividend yield will be 1.0%, which is lower than the industry average of 1.8%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months. However, the dividend is well covered by cash flows (5% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments.お知らせ • Jun 28Ningbo Yunsheng Co., Ltd. to Report First Half, 2024 Results on Aug 31, 2024Ningbo Yunsheng Co., Ltd. announced that they will report first half, 2024 results on Aug 31, 2024New Risk • Jun 28New major risk - Revenue and earnings growthEarnings have declined by 6.0% 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. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 6.0% per year over the past 5 years. Minor Risk Paying a dividend despite being loss-making.分析記事 • Jun 05Ningbo Yunsheng Co., Ltd.'s (SHSE:600366) Subdued P/S Might Signal An OpportunityNingbo Yunsheng Co., Ltd.'s ( SHSE:600366 ) price-to-sales (or "P/S") ratio of 1.2x might make it look like a strong...お知らせ • May 01Ningbo Yunsheng Co., Ltd., Annual General Meeting, May 20, 2024Ningbo Yunsheng Co., Ltd., Annual General Meeting, May 20, 2024, at 15:00 China Standard Time. Location: The Company's Meeting Room, Ningbo, Zhejiang ChinaReported Earnings • Apr 30First quarter 2024 earnings released: EPS: CN¥0 (vs CN¥0.018 in 1Q 2023)First quarter 2024 results: EPS: CN¥0 (down from CN¥0.018 in 1Q 2023). Revenue: CN¥1.03b (down 28% from 1Q 2023). Net loss: CN¥431.5k (down 102% from profit in 1Q 2023). Profit margin: 0% (down from 1.3% in 1Q 2023). Revenue is forecast to grow 43% 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 66 percentage points per year, which is a significant difference in performance.お知らせ • Mar 29Ningbo Yunsheng Co., Ltd. to Report Q1, 2024 Results on Apr 30, 2024Ningbo Yunsheng Co., Ltd. announced that they will report Q1, 2024 results on Apr 30, 2024分析記事 • Feb 28Is Ningbo Yunsheng (SHSE:600366) Using Too Much Debt?Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...お知らせ • Dec 29Ningbo Yunsheng Co., Ltd. to Report Fiscal Year 2023 Results on Apr 30, 2024Ningbo Yunsheng Co., Ltd. announced that they will report fiscal year 2023 results on Apr 30, 2024Reported Earnings • Aug 31Second quarter 2023 earnings released: CN¥0.19 loss per share (vs CN¥0.17 profit in 2Q 2022)Second quarter 2023 results: CN¥0.19 loss per share (down from CN¥0.17 profit in 2Q 2022). Revenue: CN¥1.26b (down 37% from 2Q 2022). Net loss: CN¥205.7m (down 224% from profit in 2Q 2022). Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Jul 05Investor sentiment improves as stock rises 19%After last week's 19% share price gain to CN¥9.46, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 25x in the Electronic industry in China. Total returns to shareholders of 53% over the past three years.お知らせ • Dec 06Ningbo Yunsheng Co., Ltd. (SHSE:600366) announces an Equity Buyback for 9,500,000 shares, for CNY 151.62 million.Ningbo Yunsheng Co., Ltd. (SHSE:600366) announces a share repurchase program. Under the program, the company will repurchase not more than 9,500,000 shares. The shares will be purchased at a price not exceeding CNY 15.96 per share. The shares repurchased will be used for implementation of the employee stock ownership plan. The repurchases will be funded by the company's own or self-raised funds. The program will be valid for 12 months.Price Target Changed • Nov 16Price target increased to CN¥19.64Up from CN¥6.80, the current price target is an average from 2 analysts. New target price is 84% above last closing price of CN¥10.66. Stock is down 11% over the past year. The company is forecast to post earnings per share of CN¥0.64 for next year compared to CN¥0.53 last year.Reported Earnings • Oct 31Third quarter 2022 earnings released: EPS: CN¥0.093 (vs CN¥0.13 in 3Q 2021)Third quarter 2022 results: EPS: CN¥0.093 (down from CN¥0.13 in 3Q 2021). Revenue: CN¥1.80b (up 81% from 3Q 2021). Net income: CN¥91.2m (down 33% from 3Q 2021). Profit margin: 5.1% (down from 14% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 7.3% p.a. on average during the next 2 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 76% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth.Reported Earnings • Aug 03Second quarter 2022 earnings released: EPS: CN¥0.17 (vs CN¥0.18 in 2Q 2021)Second quarter 2022 results: EPS: CN¥0.17 (down from CN¥0.18 in 2Q 2021). Revenue: CN¥2.00b (up 116% from 2Q 2021). Net income: CN¥166.4m (down 4.3% from 2Q 2021). Profit margin: 8.3% (down from 19% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 44%, compared to a 26% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has increased by 81% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth.Reported Earnings • Apr 29First quarter 2022 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2022 results: EPS: CN¥0.075 (up from CN¥0.065 in 1Q 2021). Revenue: CN¥1.20b (up 77% from 1Q 2021). Net income: CN¥73.9m (up 14% from 1Q 2021). Profit margin: 6.1% (down from 9.6% in 1Q 2021). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 28%. Earnings per share (EPS) also surpassed analyst estimates by 26%. Over the next year, revenue is forecast to grow 83%, compared to a 24% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has increased by 75% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.Price Target Changed • Apr 27Price target increased to CN¥20.37Up from CN¥6.80, the current price target is an average from 2 analysts. New target price is 139% above last closing price of CN¥8.51. Stock is up 31% over the past year. The company is forecast to post earnings per share of CN¥0.65 for next year compared to CN¥0.53 last year.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. 12 experienced directors. No highly experienced directors. 3 independent directors (8 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.お知らせ • Feb 25Ningbo Yunsheng Co., Ltd. announced that it expects to receive CNY 1.080000017 billion in fundingNingbo Yunsheng Co., Ltd announced private placement does not exceed 296,734,116 A shares at a price of CNY 3.639622 per share for gross proceeds of CNY 1080 million on February 23, 2022. All shares to be issued in the transaction will be subject to a lock-up period of 36 months from the closing date. The par value of share is CNY 1.00. The transaction will include participation from 35 investors. The transaction was approved at the fourth meeting of the tenth board of supervisors of the company and is subject to approval of the China Securities Regulatory Commission. The pricing base date of this non-public offering is the first day of the issuance period of its non-public offering, and the offering price shall not be lower than 80% of the average trading price of its shares in the 20 trading days prior to the pricing base date. The average trading price of the company's stocks in the 20 trading days before the pricing benchmark date equal to the total trading volume in its A shares in the 20 trading days before the pricing benchmark day, the total trading volume its A shares in the 20 trading days before the pricing benchmark date.お知らせ • Feb 24Ningbo Yunsheng Co., Ltd. announced that it expects to receive CNY 1.08 billion in funding from Yunsheng Technology Investment Co., Ltd., and other investorsNingbo Yunsheng Co., Ltd. announced an agreement of not more than 296,734,116 shares of class A for gross proceeds of not more than CNY 1,080,000,000 on February 23, 2022. The transaction will include participation from no more than 35 specific subscribers which includes securities investment fund management companies, securities companies, trust investment companies, financial companies, insurance institutional investors, qualified foreign institutional investors, other qualified domestic legal person investors and natural persons shall not exceed 34, and Ningbo Yunsheng Technology Investment Co., Ltd. for 35% of the actual number of shares issued in the transaction. The company will issue shares at issue price which shall not be lower than 80% of the average trading price of the company's stock in the 20 trading days prior to the pricing base date. The shares to be issued to Ningbo Yunsheng Technology Investment Co., Ltd. shall have a lock up period of 36 months from the closing of the transaction. The transaction has been approved at the fourth meeting of the tenth board of directors of the company. The transaction still needs to reviewed and approved by the company's shareholders' meeting and approved by the China Securities Regulatory Commission. The validity period of this non-public issuance resolution is 12 months from the date of deliberation and approval at the company's general meeting of shareholders.Reported Earnings • Feb 24Full year 2021 earnings: EPS and revenues exceed analyst expectationsFull year 2021 results: EPS: CN¥0.53 (up from CN¥0.18 in FY 2020). Revenue: CN¥3.75b (up 56% from FY 2020). Net income: CN¥516.0m (up 190% from FY 2020). Profit margin: 14% (up from 7.4% in FY 2020). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 28%. Earnings per share (EPS) also surpassed analyst estimates by 26%. Over the next year, revenue is forecast to grow 11%, compared to a 26% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has increased by 70% per year but the company’s share price has only increased by 31% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Nov 17Investor sentiment improved over the past weekAfter last week's 16% share price gain to CN¥11.99, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 29x in the Electronic industry in China. Total returns to shareholders of 104% over the past three years.Reported Earnings • Oct 31Third quarter 2021 earnings released: EPS CN¥0.13 (vs CN¥0.063 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: CN¥993.8m (up 37% from 3Q 2020). Net income: CN¥135.5m (up 120% from 3Q 2020). Profit margin: 14% (up from 8.5% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 48% per year but the company’s share price has only increased by 30% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Sep 28Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to CN¥9.88, the stock trades at a forward P/E ratio of 56x. Average forward P/E is 27x in the Electronic industry in China. Total returns to shareholders of 92% over the past three years.Valuation Update With 7 Day Price Move • Aug 16Investor sentiment improved over the past weekAfter last week's 18% share price gain to CN¥11.82, the stock trades at a forward P/E ratio of 68x. Average forward P/E is 30x in the Electronic industry in China. Total returns to shareholders of 119% over the past three years.Reported Earnings • Aug 10Second quarter 2021 earnings released: EPS CN¥0.18 (vs CN¥0.10 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CN¥926.8m (up 54% from 2Q 2020). Net income: CN¥173.9m (up 71% from 2Q 2020). Profit margin: 19% (up from 17% in 2Q 2020). Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has increased by 24% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • Jul 23Investor sentiment improved over the past weekAfter last week's 16% share price gain to CN¥8.52, the stock trades at a forward P/E ratio of 51x. Average forward P/E is 30x in the Electronic industry in China. Total returns to shareholders of 47% over the past three years.Reported Earnings • Apr 08Full year 2020 earnings released: EPS CN¥0.18 (vs CN¥0.051 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: CN¥2.40b (up 23% from FY 2019). Net income: CN¥177.8m (up 258% from FY 2019). Profit margin: 7.4% (up from 2.6% in FY 2019). Over the last 3 years on average, earnings per share has fallen by 56% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings.Valuation Update With 7 Day Price Move • Feb 24Investor sentiment improved over the past weekAfter last week's 16% share price gain to CN¥7.25, the stock is trading at a trailing P/E ratio of 49.5x, up from the previous P/E ratio of 42.5x. This compares to an average P/E of 40x in the Electronic industry in China. Total return to shareholders over the past three years is a loss of 20%.Is New 90 Day High Low • Jan 11New 90-day low: CN¥5.86The company is down 5.0% from its price of CN¥6.14 on 13 October 2020. The Chinese market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 2.0% over the same period.Is New 90 Day High Low • Nov 24New 90-day high: CN¥6.92The company is up 6.0% from its price of CN¥6.51 on 26 August 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 3.0% over the same period.Major Estimate Revision • Oct 29Analysts increase revenue estimates to CN¥2.63bThe 2020 consensus revenue estimate increased from CN¥2.21b. Earning per share (EPS) estimate also increased from CN¥0.11 to CN¥0.20 for the same period. Net income is expected to grow by 18% next year compared to 44% growth forecast for the Electronic industry in China. The consensus price target of CN¥6.80 was unchanged from the last update. Share price is up 5.1% to CN¥6.35 over the past week.Reported Earnings • Oct 23Third quarter earnings releasedOver the last 12 months the company has reported total profits of CN¥144.2m, up 104% from the prior year. Total revenue was CN¥2.32b over the last 12 months, up 26% from the prior year.お知らせ • Oct 19Ningbo Yunsheng Co., Ltd. to Report Q3, 2020 Results on Oct 23, 2020Ningbo Yunsheng Co., Ltd. announced that they will report Q3, 2020 results on Oct 23, 2020Is New 90 Day High Low • Oct 01New 90-day low: CN¥5.83The company is down 1.0% from its price of CN¥5.91 on 03 July 2020. The Chinese market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 2.0% over the same period.お知らせ • Jul 08Ningbo Yunsheng Co., Ltd. to Report First Half, 2020 Results on Aug 21, 2020Ningbo Yunsheng Co., Ltd. announced that they will report first half, 2020 results on Aug 21, 2020株主還元600366CN ElectronicCN 市場7D-1.8%-1.1%-2.7%1Y64.7%107.6%31.5%株主還元を見る業界別リターン: 600366過去 1 年間で107.6 % 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: 600366過去 1 年間で31.5 % の収益を上げたCN市場を上回りました。価格変動Is 600366's price volatile compared to industry and market?600366 volatility600366 Average Weekly Movement5.1%Electronic Industry Average Movement7.5%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: 600366 、 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: 600366の 週次ボラティリティ ( 5% ) 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19943,581Xiaodong Zhuwww.yunsheng.com寧波雲生有限公司は、中国で希土類永久磁石材料の研究開発、製造、販売を行っている。希土類永久磁石放射リング、フラットローターアッセンブリー、積層鋼板アッセンブリー、永久磁石ローターアッセンブリー、高速精密ローターアッセンブリーなどの磁気アッセンブリー。同社の製品は電子情報、産業機器、自動車、医療などの分野で使用されている。また、コーティング技術、産業投資、技術開発サービス、風力タービンの製造・販売、新素材設備技術の研究開発、各種光ファイバー、光ケーブルコネクター、セラミック部品、フェルール、アダプターの研究開発・製造、電気機械製品の研究開発・製造、エネルギー技術の研究開発サービスも行っている。また、ヨーロッパ、アメリカ、東南アジア諸国に製品を輸出している。寧波雲生有限公司は1994年に設立され、中国寧波に拠点を置く。もっと見るNingbo Yunsheng Co., Ltd. 基礎のまとめNingbo Yunsheng の収益と売上を時価総額と比較するとどうか。600366 基礎統計学時価総額CN¥14.25b収益（TTM）CN¥410.14m売上高(TTM)CN¥5.84b34.7xPER（株価収益率2.4xP/Sレシオ600366 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600366 損益計算書（TTM）収益CN¥5.84b売上原価CN¥4.74b売上総利益CN¥1.10bその他の費用CN¥689.05m収益CN¥410.14m直近の収益報告Mar 31, 2026次回決算日May 25, 2026一株当たり利益（EPS）0.38グロス・マージン18.82%純利益率7.02%有利子負債／自己資本比率20.4%600366 の長期的なパフォーマンスは？過去の実績と比較を見る配当金0.8%現在の配当利回り26%配当性向View Valuation企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/22 02:13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Ningbo Yunsheng Co., Ltd. 1 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。10 アナリスト機関Zheng WangChina International Capital Corporation LimitedNing LiChina Stock Investment Research Co. Ltd. (GZ500..com)Li ShangCitic Securities Co., Ltd.7 その他のアナリストを表示
お知らせ • Apr 13Ningbo Yunsheng Co., Ltd., Annual General Meeting, May 08, 2026Ningbo Yunsheng Co., Ltd., Annual General Meeting, May 08, 2026, at 14:00 China Standard Time. Location: No. 1, Yangfan Road, Yinzhou District, Ningbo, Zhejiang China
Reported Earnings • Apr 11Full year 2025 earnings released: EPS: CN¥0.31 (vs CN¥0.087 in FY 2024)Full year 2025 results: EPS: CN¥0.31 (up from CN¥0.087 in FY 2024). Revenue: CN¥5.46b (up 8.4% from FY 2024). Net income: CN¥330.8m (up 248% from FY 2024). Profit margin: 6.1% (up from 1.9% 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 28% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.
お知らせ • Mar 30Ningbo Yunsheng Co., Ltd. to Report Q1, 2026 Results on Apr 23, 2026Ningbo Yunsheng Co., Ltd. announced that they will report Q1, 2026 results on Apr 23, 2026
New Risk • Mar 17New minor risk - Dividend sustainabilityThe company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 0.4% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 25% per year over the past 5 years. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.
New Risk • Jan 29New major risk - Revenue and earnings growthEarnings have declined by 25% 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 26Ningbo Yunsheng Co., Ltd. to Report Fiscal Year 2025 Results on Apr 11, 2026Ningbo Yunsheng Co., Ltd. announced that they will report fiscal year 2025 results on Apr 11, 2026
お知らせ • Apr 13Ningbo Yunsheng Co., Ltd., Annual General Meeting, May 08, 2026Ningbo Yunsheng Co., Ltd., Annual General Meeting, May 08, 2026, at 14:00 China Standard Time. Location: No. 1, Yangfan Road, Yinzhou District, Ningbo, Zhejiang China
Reported Earnings • Apr 11Full year 2025 earnings released: EPS: CN¥0.31 (vs CN¥0.087 in FY 2024)Full year 2025 results: EPS: CN¥0.31 (up from CN¥0.087 in FY 2024). Revenue: CN¥5.46b (up 8.4% from FY 2024). Net income: CN¥330.8m (up 248% from FY 2024). Profit margin: 6.1% (up from 1.9% 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 28% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.
お知らせ • Mar 30Ningbo Yunsheng Co., Ltd. to Report Q1, 2026 Results on Apr 23, 2026Ningbo Yunsheng Co., Ltd. announced that they will report Q1, 2026 results on Apr 23, 2026
New Risk • Mar 17New minor risk - Dividend sustainabilityThe company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 0.4% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 25% per year over the past 5 years. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.
New Risk • Jan 29New major risk - Revenue and earnings growthEarnings have declined by 25% 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 26Ningbo Yunsheng Co., Ltd. to Report Fiscal Year 2025 Results on Apr 11, 2026Ningbo Yunsheng Co., Ltd. announced that they will report fiscal year 2025 results on Apr 11, 2026
Reported Earnings • Oct 31Third quarter 2025 earnings released: EPS: CN¥0.16 (vs CN¥0.028 in 3Q 2024)Third quarter 2025 results: EPS: CN¥0.16 (up from CN¥0.028 in 3Q 2024). Revenue: CN¥1.56b (up 16% from 3Q 2024). Net income: CN¥168.1m (up 449% from 3Q 2024). Profit margin: 11% (up from 2.3% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 19% p.a. on average during the next 3 years, compared to a 22% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings.
お知らせ • Sep 30Ningbo Yunsheng Co., Ltd. to Report Q3, 2025 Results on Oct 31, 2025Ningbo Yunsheng Co., Ltd. announced that they will report Q3, 2025 results on Oct 31, 2025
Reported Earnings • Aug 26Second quarter 2025 earnings released: EPS: CN¥0.067 (vs CN¥0.035 in 2Q 2024)Second quarter 2025 results: EPS: CN¥0.067 (up from CN¥0.035 in 2Q 2024). Revenue: CN¥1.23b (down 4.2% from 2Q 2024). Net income: CN¥70.6m (up 81% from 2Q 2024). Profit margin: 5.8% (up from 3.0% in 2Q 2024). The increase in margin was driven by lower expenses. Revenue is forecast to grow 19% 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 58% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings.
New Risk • Jun 30New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 8.3% 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 Share price has been volatile over the past 3 months (8.3% average weekly change). Large one-off items impacting financial results.
お知らせ • Jun 30Ningbo Yunsheng Co., Ltd. to Report First Half, 2025 Results on Aug 23, 2025Ningbo Yunsheng Co., Ltd. announced that they will report first half, 2025 results on Aug 23, 2025
Valuation Update With 7 Day Price Move • Jun 11Investor sentiment improves as stock rises 20%After last week's 20% share price gain to CN¥9.61, the stock trades at a forward P/E ratio of 39x. Average forward P/E is 25x in the Electronic industry in China. Total loss to shareholders of 7.1% over the past three years.
New Risk • May 10New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 48% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results.
Reported Earnings • Apr 30Full year 2024 earnings: EPS misses analyst expectationsFull year 2024 results: EPS: CN¥0.087 (up from CN¥0.21 loss in FY 2023). Revenue: CN¥5.04b (down 6.1% from FY 2023). Net income: CN¥95.1m (up CN¥322.5m from FY 2023). Profit margin: 1.9% (up from net loss in FY 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 21%. Revenue is forecast to grow 24% 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, the company's share price growth rate has exceeded its earnings growth rate by 82 percentage points per year, which is a significant difference in performance.
お知らせ • Apr 30Ningbo Yunsheng Co., Ltd., Annual General Meeting, May 30, 2025Ningbo Yunsheng Co., Ltd., Annual General Meeting, May 30, 2025, at 15:00 China Standard Time. Location: The Company's Meeting Room, Ningbo, Zhejiang China
お知らせ • Mar 28Ningbo Yunsheng Co., Ltd. to Report Q1, 2025 Results on Apr 30, 2025Ningbo Yunsheng Co., Ltd. announced that they will report Q1, 2025 results on Apr 30, 2025
お知らせ • Dec 27Ningbo Yunsheng Co., Ltd. to Report Fiscal Year 2024 Results on Apr 30, 2025Ningbo Yunsheng Co., Ltd. announced that they will report fiscal year 2024 results on Apr 30, 2025
分析記事 • Nov 06Solid Earnings May Not Tell The Whole Story For Ningbo Yunsheng (SHSE:600366)Following the solid earnings report from Ningbo Yunsheng Co., Ltd. ( SHSE:600366 ), the market responded by bidding up...
Reported Earnings • Oct 31Third quarter 2024 earnings released: EPS: CN¥0.028 (vs CN¥0.056 loss in 3Q 2023)Third quarter 2024 results: EPS: CN¥0.028 (up from CN¥0.056 loss in 3Q 2023). Revenue: CN¥1.35b (flat on 3Q 2023). Net income: CN¥30.6m (up CN¥90.7m from 3Q 2023). Profit margin: 2.3% (up from net loss in 3Q 2023). Revenue is forecast to grow 24% 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 73 percentage points per year, which is a significant difference in performance.
分析記事 • Oct 01Ningbo Yunsheng Co., Ltd.'s (SHSE:600366) Revenues Are Not Doing Enough For Some InvestorsNingbo Yunsheng Co., Ltd.'s ( SHSE:600366 ) price-to-sales (or "P/S") ratio of 1.5x might make it look like a strong...
お知らせ • Sep 30Ningbo Yunsheng Co., Ltd. to Report Q3, 2024 Results on Oct 31, 2024Ningbo Yunsheng Co., Ltd. announced that they will report Q3, 2024 results on Oct 31, 2024
Price Target Changed • Sep 04Price target increased by 7.6% to CN¥7.32Up from CN¥6.80, the current price target is an average from 2 analysts. New target price is 29% above last closing price of CN¥5.67. Stock is down 23% over the past year. The company is forecast to post earnings per share of CN¥0.11 next year compared to a net loss per share of CN¥0.21 last year.
Reported Earnings • Aug 31Second quarter 2024 earnings released: EPS: CN¥0.035 (vs CN¥0.19 loss in 2Q 2023)Second quarter 2024 results: EPS: CN¥0.035 (up from CN¥0.19 loss in 2Q 2023). Revenue: CN¥1.28b (up 2.0% from 2Q 2023). Net income: CN¥39.0m (up CN¥244.7m from 2Q 2023). Profit margin: 3.0% (up from net loss in 2Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 59 percentage points per year, which is a significant difference in performance.
Declared Dividend • Jul 10Dividend of CN¥0.05 announcedShareholders will receive a dividend of CN¥0.05. Ex-date: 12th July 2024 Payment date: 12th July 2024 Dividend yield will be 1.0%, which is lower than the industry average of 1.8%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months. However, the dividend is well covered by cash flows (5% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments.
お知らせ • Jun 28Ningbo Yunsheng Co., Ltd. to Report First Half, 2024 Results on Aug 31, 2024Ningbo Yunsheng Co., Ltd. announced that they will report first half, 2024 results on Aug 31, 2024
New Risk • Jun 28New major risk - Revenue and earnings growthEarnings have declined by 6.0% 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. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 6.0% per year over the past 5 years. Minor Risk Paying a dividend despite being loss-making.
分析記事 • Jun 05Ningbo Yunsheng Co., Ltd.'s (SHSE:600366) Subdued P/S Might Signal An OpportunityNingbo Yunsheng Co., Ltd.'s ( SHSE:600366 ) price-to-sales (or "P/S") ratio of 1.2x might make it look like a strong...
お知らせ • May 01Ningbo Yunsheng Co., Ltd., Annual General Meeting, May 20, 2024Ningbo Yunsheng Co., Ltd., Annual General Meeting, May 20, 2024, at 15:00 China Standard Time. Location: The Company's Meeting Room, Ningbo, Zhejiang China
Reported Earnings • Apr 30First quarter 2024 earnings released: EPS: CN¥0 (vs CN¥0.018 in 1Q 2023)First quarter 2024 results: EPS: CN¥0 (down from CN¥0.018 in 1Q 2023). Revenue: CN¥1.03b (down 28% from 1Q 2023). Net loss: CN¥431.5k (down 102% from profit in 1Q 2023). Profit margin: 0% (down from 1.3% in 1Q 2023). Revenue is forecast to grow 43% 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 66 percentage points per year, which is a significant difference in performance.
お知らせ • Mar 29Ningbo Yunsheng Co., Ltd. to Report Q1, 2024 Results on Apr 30, 2024Ningbo Yunsheng Co., Ltd. announced that they will report Q1, 2024 results on Apr 30, 2024
分析記事 • Feb 28Is Ningbo Yunsheng (SHSE:600366) Using Too Much Debt?Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
お知らせ • Dec 29Ningbo Yunsheng Co., Ltd. to Report Fiscal Year 2023 Results on Apr 30, 2024Ningbo Yunsheng Co., Ltd. announced that they will report fiscal year 2023 results on Apr 30, 2024
Reported Earnings • Aug 31Second quarter 2023 earnings released: CN¥0.19 loss per share (vs CN¥0.17 profit in 2Q 2022)Second quarter 2023 results: CN¥0.19 loss per share (down from CN¥0.17 profit in 2Q 2022). Revenue: CN¥1.26b (down 37% from 2Q 2022). Net loss: CN¥205.7m (down 224% from profit in 2Q 2022). Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Jul 05Investor sentiment improves as stock rises 19%After last week's 19% share price gain to CN¥9.46, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 25x in the Electronic industry in China. Total returns to shareholders of 53% over the past three years.
お知らせ • Dec 06Ningbo Yunsheng Co., Ltd. (SHSE:600366) announces an Equity Buyback for 9,500,000 shares, for CNY 151.62 million.Ningbo Yunsheng Co., Ltd. (SHSE:600366) announces a share repurchase program. Under the program, the company will repurchase not more than 9,500,000 shares. The shares will be purchased at a price not exceeding CNY 15.96 per share. The shares repurchased will be used for implementation of the employee stock ownership plan. The repurchases will be funded by the company's own or self-raised funds. The program will be valid for 12 months.
Price Target Changed • Nov 16Price target increased to CN¥19.64Up from CN¥6.80, the current price target is an average from 2 analysts. New target price is 84% above last closing price of CN¥10.66. Stock is down 11% over the past year. The company is forecast to post earnings per share of CN¥0.64 for next year compared to CN¥0.53 last year.
Reported Earnings • Oct 31Third quarter 2022 earnings released: EPS: CN¥0.093 (vs CN¥0.13 in 3Q 2021)Third quarter 2022 results: EPS: CN¥0.093 (down from CN¥0.13 in 3Q 2021). Revenue: CN¥1.80b (up 81% from 3Q 2021). Net income: CN¥91.2m (down 33% from 3Q 2021). Profit margin: 5.1% (down from 14% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 7.3% p.a. on average during the next 2 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 76% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Aug 03Second quarter 2022 earnings released: EPS: CN¥0.17 (vs CN¥0.18 in 2Q 2021)Second quarter 2022 results: EPS: CN¥0.17 (down from CN¥0.18 in 2Q 2021). Revenue: CN¥2.00b (up 116% from 2Q 2021). Net income: CN¥166.4m (down 4.3% from 2Q 2021). Profit margin: 8.3% (down from 19% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 44%, compared to a 26% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has increased by 81% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Apr 29First quarter 2022 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2022 results: EPS: CN¥0.075 (up from CN¥0.065 in 1Q 2021). Revenue: CN¥1.20b (up 77% from 1Q 2021). Net income: CN¥73.9m (up 14% from 1Q 2021). Profit margin: 6.1% (down from 9.6% in 1Q 2021). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 28%. Earnings per share (EPS) also surpassed analyst estimates by 26%. Over the next year, revenue is forecast to grow 83%, compared to a 24% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has increased by 75% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.
Price Target Changed • Apr 27Price target increased to CN¥20.37Up from CN¥6.80, the current price target is an average from 2 analysts. New target price is 139% above last closing price of CN¥8.51. Stock is up 31% over the past year. The company is forecast to post earnings per share of CN¥0.65 for next year compared to CN¥0.53 last year.
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. 12 experienced directors. No highly experienced directors. 3 independent directors (8 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.
お知らせ • Feb 25Ningbo Yunsheng Co., Ltd. announced that it expects to receive CNY 1.080000017 billion in fundingNingbo Yunsheng Co., Ltd announced private placement does not exceed 296,734,116 A shares at a price of CNY 3.639622 per share for gross proceeds of CNY 1080 million on February 23, 2022. All shares to be issued in the transaction will be subject to a lock-up period of 36 months from the closing date. The par value of share is CNY 1.00. The transaction will include participation from 35 investors. The transaction was approved at the fourth meeting of the tenth board of supervisors of the company and is subject to approval of the China Securities Regulatory Commission. The pricing base date of this non-public offering is the first day of the issuance period of its non-public offering, and the offering price shall not be lower than 80% of the average trading price of its shares in the 20 trading days prior to the pricing base date. The average trading price of the company's stocks in the 20 trading days before the pricing benchmark date equal to the total trading volume in its A shares in the 20 trading days before the pricing benchmark day, the total trading volume its A shares in the 20 trading days before the pricing benchmark date.
お知らせ • Feb 24Ningbo Yunsheng Co., Ltd. announced that it expects to receive CNY 1.08 billion in funding from Yunsheng Technology Investment Co., Ltd., and other investorsNingbo Yunsheng Co., Ltd. announced an agreement of not more than 296,734,116 shares of class A for gross proceeds of not more than CNY 1,080,000,000 on February 23, 2022. The transaction will include participation from no more than 35 specific subscribers which includes securities investment fund management companies, securities companies, trust investment companies, financial companies, insurance institutional investors, qualified foreign institutional investors, other qualified domestic legal person investors and natural persons shall not exceed 34, and Ningbo Yunsheng Technology Investment Co., Ltd. for 35% of the actual number of shares issued in the transaction. The company will issue shares at issue price which shall not be lower than 80% of the average trading price of the company's stock in the 20 trading days prior to the pricing base date. The shares to be issued to Ningbo Yunsheng Technology Investment Co., Ltd. shall have a lock up period of 36 months from the closing of the transaction. The transaction has been approved at the fourth meeting of the tenth board of directors of the company. The transaction still needs to reviewed and approved by the company's shareholders' meeting and approved by the China Securities Regulatory Commission. The validity period of this non-public issuance resolution is 12 months from the date of deliberation and approval at the company's general meeting of shareholders.
Reported Earnings • Feb 24Full year 2021 earnings: EPS and revenues exceed analyst expectationsFull year 2021 results: EPS: CN¥0.53 (up from CN¥0.18 in FY 2020). Revenue: CN¥3.75b (up 56% from FY 2020). Net income: CN¥516.0m (up 190% from FY 2020). Profit margin: 14% (up from 7.4% in FY 2020). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 28%. Earnings per share (EPS) also surpassed analyst estimates by 26%. Over the next year, revenue is forecast to grow 11%, compared to a 26% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has increased by 70% per year but the company’s share price has only increased by 31% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Nov 17Investor sentiment improved over the past weekAfter last week's 16% share price gain to CN¥11.99, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 29x in the Electronic industry in China. Total returns to shareholders of 104% over the past three years.
Reported Earnings • Oct 31Third quarter 2021 earnings released: EPS CN¥0.13 (vs CN¥0.063 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: CN¥993.8m (up 37% from 3Q 2020). Net income: CN¥135.5m (up 120% from 3Q 2020). Profit margin: 14% (up from 8.5% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 48% per year but the company’s share price has only increased by 30% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Sep 28Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to CN¥9.88, the stock trades at a forward P/E ratio of 56x. Average forward P/E is 27x in the Electronic industry in China. Total returns to shareholders of 92% over the past three years.
Valuation Update With 7 Day Price Move • Aug 16Investor sentiment improved over the past weekAfter last week's 18% share price gain to CN¥11.82, the stock trades at a forward P/E ratio of 68x. Average forward P/E is 30x in the Electronic industry in China. Total returns to shareholders of 119% over the past three years.
Reported Earnings • Aug 10Second quarter 2021 earnings released: EPS CN¥0.18 (vs CN¥0.10 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CN¥926.8m (up 54% from 2Q 2020). Net income: CN¥173.9m (up 71% from 2Q 2020). Profit margin: 19% (up from 17% in 2Q 2020). Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has increased by 24% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • Jul 23Investor sentiment improved over the past weekAfter last week's 16% share price gain to CN¥8.52, the stock trades at a forward P/E ratio of 51x. Average forward P/E is 30x in the Electronic industry in China. Total returns to shareholders of 47% over the past three years.
Reported Earnings • Apr 08Full year 2020 earnings released: EPS CN¥0.18 (vs CN¥0.051 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: CN¥2.40b (up 23% from FY 2019). Net income: CN¥177.8m (up 258% from FY 2019). Profit margin: 7.4% (up from 2.6% in FY 2019). Over the last 3 years on average, earnings per share has fallen by 56% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings.
Valuation Update With 7 Day Price Move • Feb 24Investor sentiment improved over the past weekAfter last week's 16% share price gain to CN¥7.25, the stock is trading at a trailing P/E ratio of 49.5x, up from the previous P/E ratio of 42.5x. This compares to an average P/E of 40x in the Electronic industry in China. Total return to shareholders over the past three years is a loss of 20%.
Is New 90 Day High Low • Jan 11New 90-day low: CN¥5.86The company is down 5.0% from its price of CN¥6.14 on 13 October 2020. The Chinese market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 2.0% over the same period.
Is New 90 Day High Low • Nov 24New 90-day high: CN¥6.92The company is up 6.0% from its price of CN¥6.51 on 26 August 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 3.0% over the same period.
Major Estimate Revision • Oct 29Analysts increase revenue estimates to CN¥2.63bThe 2020 consensus revenue estimate increased from CN¥2.21b. Earning per share (EPS) estimate also increased from CN¥0.11 to CN¥0.20 for the same period. Net income is expected to grow by 18% next year compared to 44% growth forecast for the Electronic industry in China. The consensus price target of CN¥6.80 was unchanged from the last update. Share price is up 5.1% to CN¥6.35 over the past week.
Reported Earnings • Oct 23Third quarter earnings releasedOver the last 12 months the company has reported total profits of CN¥144.2m, up 104% from the prior year. Total revenue was CN¥2.32b over the last 12 months, up 26% from the prior year.
お知らせ • Oct 19Ningbo Yunsheng Co., Ltd. to Report Q3, 2020 Results on Oct 23, 2020Ningbo Yunsheng Co., Ltd. announced that they will report Q3, 2020 results on Oct 23, 2020
Is New 90 Day High Low • Oct 01New 90-day low: CN¥5.83The company is down 1.0% from its price of CN¥5.91 on 03 July 2020. The Chinese market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 2.0% over the same period.
お知らせ • Jul 08Ningbo Yunsheng Co., Ltd. to Report First Half, 2020 Results on Aug 21, 2020Ningbo Yunsheng Co., Ltd. announced that they will report first half, 2020 results on Aug 21, 2020
