View Past PerformanceWingtech TechnologyLtd バランスシートの健全性財務の健全性 基準チェック /36Wingtech TechnologyLtdの総株主資本はCN¥24.8B 、総負債はCN¥8.9Bで、負債比率は35.9%となります。総資産と総負債はそれぞれCN¥40.9BとCN¥16.1Bです。 Wingtech TechnologyLtdの EBIT はCN¥1.2Bで、利息カバレッジ比率2.4です。現金および短期投資はCN¥4.6Bです。主要情報35.92%負債資本比率CN¥8.93b負債インタレスト・カバレッジ・レシオ2.4x現金CN¥4.65bエクイティCN¥24.85b負債合計CN¥16.09b総資産CN¥40.94b財務の健全性に関する最新情報分析記事 • Dec 30Does Wingtech TechnologyLtd (SHSE:600745) Have A Healthy Balance Sheet?Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...分析記事 • Aug 29Is Wingtech TechnologyLtd (SHSE:600745) A Risky Investment?Warren Buffett famously said, 'Volatility is far from synonymous with risk.' When we think about how risky a company...分析記事 • May 22Wingtech TechnologyLtd (SHSE:600745) Has A Somewhat Strained Balance SheetSome say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...すべての更新を表示Recent updatesBuy Or Sell Opportunity • Jun 01Now 21% overvaluedOver the last 90 days, the stock has fallen 30% to CN¥21.70. The fair value is estimated to be CN¥17.99, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 14% over the last 3 years. Meanwhile, the company became loss making.お知らせ • May 27+ 1 more updateWingtech Technology Co.,Ltd(XSSC:600745) dropped from FTSE All-World Index (USD)Wingtech Technology Co.,Ltd(XSSC:600745) dropped from FTSE All-World Index (USD)Price Target Changed • May 19Price target decreased by 14% to CN¥44.32Down from CN¥51.32, the current price target is an average from 5 analysts. New target price is 163% above last closing price of CN¥16.84. Stock is down 52% over the past year. The company is forecast to post earnings per share of CN¥2.36 next year compared to a net loss per share of CN¥7.03 last year.Reported Earnings • May 01First quarter 2026 earnings: EPS and revenues miss analyst expectationsFirst quarter 2026 results: CN¥0.15 loss per share (down from CN¥0.21 profit in 1Q 2025). Revenue: CN¥816.4m (down 94% from 1Q 2025). Net loss: CN¥189.3m (down 172% from profit in 1Q 2025). Revenue missed analyst estimates by 78%. Earnings per share (EPS) were also behind analyst expectations. Revenue is forecast to grow 6.9% p.a. on average during the next 3 years, compared to a 24% 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 104 percentage points per year, which is a significant difference in performance.お知らせ • Mar 30Wingtech Technology Co.,Ltd to Report Q1, 2026 Results on Apr 30, 2026Wingtech Technology Co.,Ltd announced that they will report Q1, 2026 results on Apr 30, 2026お知らせ • Dec 26Wingtech Technology Co.,Ltd to Report Fiscal Year 2025 Results on Apr 30, 2026Wingtech Technology Co.,Ltd announced that they will report fiscal year 2025 results on Apr 30, 2026Reported Earnings • Oct 25Third quarter 2025 earnings: EPS exceeds analyst expectationsThird quarter 2025 results: EPS: CN¥0.85 (up from CN¥0.23 in 3Q 2024). Revenue: CN¥4.43b (down 77% from 3Q 2024). Net income: CN¥1.04b (up 279% from 3Q 2024). Profit margin: 24% (up from 1.4% in 3Q 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 52%. Revenue is expected to decline by 29% p.a. on average during the next 3 years, while revenues in the Electronic industry in China are expected to grow by 21%. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 108 percentage points per year, which is a significant difference in performance.お知らせ • Sep 30Wingtech Technology Co.,Ltd to Report Q3, 2025 Results on Oct 25, 2025Wingtech Technology Co.,Ltd announced that they will report Q3, 2025 results on Oct 25, 2025Buy Or Sell Opportunity • Sep 15Now 22% overvalued after recent price riseOver the last 90 days, the stock has risen 39% to CN¥43.53. The fair value is estimated to be CN¥35.79, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 8.4% over the last 3 years. Meanwhile, the company became loss making.Reported Earnings • Aug 31Second quarter 2025 earnings: Revenues exceed analysts expectations while EPS lags behindSecond quarter 2025 results: EPS: CN¥0.17 (up from CN¥0.002 loss in 2Q 2024). Revenue: CN¥12.2b (down 29% from 2Q 2024). Net income: CN¥212.3m (up CN¥215.3m from 2Q 2024). Profit margin: 1.7% (up from 0% in 2Q 2024). Revenue exceeded analyst estimates by 30%. Earnings per share (EPS) missed analyst estimates by 50%. Revenue is expected to decline by 33% p.a. on average during the next 3 years, while revenues in the Electronic industry in China are expected to grow by 20%. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 97 percentage points per year, which is a significant difference in performance.Buy Or Sell Opportunity • Aug 20Now 23% overvalued after recent price riseOver the last 90 days, the stock has risen 9.6% to CN¥39.24. The fair value is estimated to be CN¥31.77, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 9.4% over the last 3 years. Meanwhile, the company became loss making.Buy Or Sell Opportunity • Jul 29Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 9.7% to CN¥38.02. The fair value is estimated to be CN¥31.51, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 9.4% over the last 3 years. Meanwhile, the company became loss making.お知らせ • Jun 30Wingtech Technology Co.,Ltd to Report First Half, 2025 Results on Aug 30, 2025Wingtech Technology Co.,Ltd announced that they will report first half, 2025 results on Aug 30, 2025Price Target Changed • May 31Price target increased by 20% to CN¥50.09Up from CN¥41.90, the current price target is an average from 7 analysts. New target price is 47% above last closing price of CN¥33.96. Stock is up 11% over the past year. The company is forecast to post earnings per share of CN¥1.84 next year compared to a net loss per share of CN¥2.28 last year.Board Change • Apr 29Less than half of directors are independentThere are 4 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 4 new directors. 3 experienced directors. 1 highly experienced director. 2 independent directors (3 non-independent directors). Chairman & CEO Qiuhong Zhang is the most experienced director on the board, commencing their role in 2017. Independent Director Xiaohong Huang was the last independent director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of experienced directors.お知らせ • Apr 28Wingtech Technology Co.,Ltd, Annual General Meeting, May 16, 2025Wingtech Technology Co.,Ltd, Annual General Meeting, May 16, 2025, at 14:00 China Standard Time. Location: The Company's Meeting Room, Huangshi, Hubei ChinaReported Earnings • Apr 27First quarter 2025 earnings released: EPS: CN¥0.21 (vs CN¥0.12 in 1Q 2024)First quarter 2025 results: EPS: CN¥0.21 (up from CN¥0.12 in 1Q 2024). Revenue: CN¥13.1b (down 19% from 1Q 2024). Net income: CN¥261.4m (up 82% from 1Q 2024). Profit margin: 2.0% (up from 0.9% in 1Q 2024). Revenue is forecast to grow 8.4% p.a. on average during the next 3 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 78 percentage points per year, which is a significant difference in performance.お知らせ • Apr 14Wingtech Technology Co.,Ltd (SHSE:600745) announces an Equity Buyback for CNY 400 million worth of its shares.Wingtech Technology Co.,Ltd (SHSE:600745) announces a share repurchase program. Under the program, the company will repurchase up to CNY 400 million worth of its shares. The shares will be repurchased at no more than CNY 50 per share. The shares repurchased are intended to be used for the employee stock ownership plan at an appropriate time in the future. The program will be funded from company's own funds. The program will be valid till April 10, 2026.お知らせ • Mar 28Wingtech Technology Co.,Ltd to Report Q1, 2025 Results on Apr 26, 2025Wingtech Technology Co.,Ltd announced that they will report Q1, 2025 results on Apr 26, 2025分析記事 • Mar 24Wingtech TechnologyLtd (SHSE:600745) Could Be Struggling To Allocate CapitalThere are a few key trends to look for if we want to identify the next multi-bagger. Firstly, we'd want to identify a...Buy Or Sell Opportunity • Mar 13Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 2.0% to CN¥35.28. The fair value is estimated to be CN¥44.26, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.4% over the last 3 years. Meanwhile, the company became loss making.分析記事 • Mar 09A Look At The Intrinsic Value Of Wingtech Technology Co.,Ltd (SHSE:600745)Key Insights Wingtech TechnologyLtd's estimated fair value is CN¥44.18 based on 2 Stage Free Cash Flow to Equity With...お知らせ • Mar 07Wingtech Technology Co.,Ltd (SHSE:600745) announces an Equity Buyback for CNY 200 million worth of its shares.Wingtech Technology Co.,Ltd (SHSE:600745) announces a share repurchase program. Under the program, the company will repurchase up to CNY 200 million worth of its shares. The shares will be repurchased at no more than CNY 50 per share. The shares repurchased this time are intended to be used for the employee stock ownership plan at an appropriate time in the future. The program will be funded from company's own funds. The program will be valid till March 6, 2026.Buy Or Sell Opportunity • Feb 18Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 20% to CN¥34.32. The fair value is estimated to be CN¥43.63, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.4% over the last 3 years. Meanwhile, the company became loss making.分析記事 • Feb 06Is It Time To Consider Buying Wingtech Technology Co.,Ltd (SHSE:600745)?While Wingtech Technology Co.,Ltd ( SHSE:600745 ) might not have the largest market cap around , it saw significant...Buy Or Sell Opportunity • Jan 02Now 23% undervaluedOver the last 90 days, the stock has risen 14% to CN¥37.15. The fair value is estimated to be CN¥48.23, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.4% over the last 3 years. Meanwhile, the company became loss making.Price Target Changed • Jan 01Price target decreased by 21% to CN¥39.55Down from CN¥50.01, the current price target is an average from 6 analysts. New target price is approximately in line with last closing price of CN¥38.78. Stock is down 5.0% over the past year. The company is forecast to post earnings per share of CN¥0.95 for next year compared to CN¥0.95 last year.分析記事 • Dec 30Does Wingtech TechnologyLtd (SHSE:600745) Have A Healthy Balance Sheet?Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...お知らせ • Dec 27Wingtech Technology Co.,Ltd to Report Fiscal Year 2024 Results on Apr 26, 2025Wingtech Technology Co.,Ltd announced that they will report fiscal year 2024 results on Apr 26, 2025お知らせ • Dec 19Wingtech Technology Co.,Ltd(SHSE:600745) dropped from SSE 180 IndexWingtech Technology Co.,Ltd has been removed from SSE 180 Index .お知らせ • Dec 18Wingtech Technology Co.,Ltd(SHSE:600745) dropped from Shanghai Stock Exchange 180 Value IndexWingtech Technology Co.,Ltd has been removed from Shanghai Stock Exchange 180 Value Index .分析記事 • Dec 11Revenues Working Against Wingtech Technology Co.,Ltd's (SHSE:600745) Share Price Following 28% DiveThe Wingtech Technology Co.,Ltd ( SHSE:600745 ) share price has softened a substantial 28% over the previous 30 days...分析記事 • Dec 03Is There An Opportunity With Wingtech Technology Co.,Ltd's (SHSE:600745) 23% Undervaluation?Key Insights Wingtech TechnologyLtd's estimated fair value is CN¥48.77 based on 2 Stage Free Cash Flow to Equity...Buy Or Sell Opportunity • Nov 25Now 21% undervaluedOver the last 90 days, the stock has risen 61% to CN¥39.20. The fair value is estimated to be CN¥49.42, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.4% over the last 3 years. Meanwhile, the company became loss making.分析記事 • Nov 13Wingtech TechnologyLtd (SHSE:600745) Will Be Hoping To Turn Its Returns On Capital AroundTo find a multi-bagger stock, what are the underlying trends we should look for in a business? Amongst other things...Reported Earnings • Oct 26Third quarter 2024 earnings: EPS and revenues exceed analyst expectationsThird quarter 2024 results: EPS: CN¥0.23 (down from CN¥0.68 in 3Q 2023). Revenue: CN¥19.6b (up 29% from 3Q 2023). Net income: CN¥274.1m (down 67% from 3Q 2023). Profit margin: 1.4% (down from 5.5% in 3Q 2023). Revenue exceeded analyst estimates by 14%. Earnings per share (EPS) also surpassed analyst estimates by 10.0%. Revenue is forecast to grow 7.8% 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 fallen by 56% per year but the company’s share price has only fallen by 31% per year, which means it has not declined as severely as earnings.分析記事 • Oct 16Should You Think About Buying Wingtech Technology Co.,Ltd (SHSE:600745) Now?Wingtech Technology Co.,Ltd ( SHSE:600745 ), is not the largest company out there, but it led the SHSE gainers with a...分析記事 • Oct 01Wingtech Technology Co.,Ltd's (SHSE:600745) Shares Bounce 25% But Its Business Still Trails The IndustryWingtech Technology Co.,Ltd ( SHSE:600745 ) shareholders would be excited to see that the share price has had a great...New Risk • Sep 30New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 6.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (6.9% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.1% net profit margin).お知らせ • Sep 30Wingtech Technology Co.,Ltd to Report Q3, 2024 Results on Oct 26, 2024Wingtech Technology Co.,Ltd announced that they will report Q3, 2024 results on Oct 26, 2024Major Estimate Revision • Sep 04Consensus EPS estimates fall by 50%, revenue upgradedThe consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast increased from CN¥67.5b to CN¥68.3b. EPS estimate fell from CN¥1.55 to CN¥0.77 per share. Net income forecast to grow 2,615% next year vs 52% growth forecast for Electronic industry in China. Consensus price target broadly unchanged at CN¥48.02. Share price rose 5.6% to CN¥25.58 over the past week.分析記事 • Aug 29Is Wingtech TechnologyLtd (SHSE:600745) A Risky Investment?Warren Buffett famously said, 'Volatility is far from synonymous with risk.' When we think about how risky a company...Reported Earnings • Aug 29Second quarter 2024 earnings: Revenues exceed analysts expectations while EPS lags behindSecond quarter 2024 results: CN¥0.002 loss per share (down from CN¥0.64 profit in 2Q 2023). Revenue: CN¥17.3b (up 17% from 2Q 2023). Net loss: CN¥2.98m (down 100% from profit in 2Q 2023). Profit margin: 0% (down from 5.4% in 2Q 2023). Revenue exceeded analyst estimates by 8.0%. Earnings per share (EPS) missed analyst estimates. Revenue is forecast to grow 8.3% 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 fallen by 38% per year whereas the company’s share price has fallen by 40% per year.分析記事 • Aug 12The Return Trends At Wingtech TechnologyLtd (SHSE:600745) Look PromisingThere are a few key trends to look for if we want to identify the next multi-bagger. Amongst other things, we'll want...分析記事 • Jul 28Why Investors Shouldn't Be Surprised By Wingtech Technology Co.,Ltd's (SHSE:600745) P/EWhen close to half the companies in China have price-to-earnings ratios (or "P/E's") below 27x, you may consider...分析記事 • Jul 12Is Wingtech Technology Co.,Ltd (SHSE:600745) Trading At A 31% Discount?Key Insights Using the 2 Stage Free Cash Flow to Equity, Wingtech TechnologyLtd fair value estimate is CN¥43.34 Current...Buy Or Sell Opportunity • Jul 01Now 34% undervalued after recent price dropOver the last 90 days, the stock has fallen 24% to CN¥28.06. The fair value is estimated to be CN¥42.26, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.3% over the last 3 years. Earnings per share has declined by 26%. For the next 3 years, revenue is forecast to grow by 8.3% per annum. Earnings are also forecast to grow by 30% per annum over the same time period.お知らせ • Jun 28Wingtech Technology Co.,Ltd to Report First Half, 2024 Results on Aug 29, 2024Wingtech Technology Co.,Ltd announced that they will report first half, 2024 results on Aug 29, 2024Buy Or Sell Opportunity • Jun 19Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 21% to CN¥31.13. The fair value is estimated to be CN¥39.03, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.3% over the last 3 years. Earnings per share has declined by 26%. For the next 3 years, revenue is forecast to grow by 8.6% per annum. Earnings are also forecast to grow by 32% per annum over the same time period.Price Target Changed • Jun 13Price target decreased by 15% to CN¥46.77Down from CN¥55.34, the current price target is an average from 8 analysts. New target price is 55% above last closing price of CN¥30.16. Stock is down 41% over the past year. The company is forecast to post earnings per share of CN¥1.29 for next year compared to CN¥0.95 last year.Buy Or Sell Opportunity • May 24Now 22% undervalued after recent price dropOver the last 90 days, the stock has fallen 19% to CN¥29.63. The fair value is estimated to be CN¥37.99, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.3% over the last 3 years. Earnings per share has declined by 26%. For the next 3 years, revenue is forecast to grow by 9.0% per annum. Earnings are also forecast to grow by 33% per annum over the same time period.分析記事 • May 22Wingtech TechnologyLtd (SHSE:600745) Has A Somewhat Strained Balance SheetSome say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...お知らせ • May 19Wingtech Technology Co.,Ltd, Annual General Meeting, Jun 14, 2024Wingtech Technology Co.,Ltd, Annual General Meeting, Jun 14, 2024, at 14:00 China Standard Time.分析記事 • Apr 30There May Be Reason For Hope In Wingtech TechnologyLtd's (SHSE:600745) Disappointing EarningsThe most recent earnings report from Wingtech Technology Co.,Ltd ( SHSE:600745 ) was disappointing for shareholders...Price Target Changed • Apr 27Price target decreased by 11% to CN¥60.38Down from CN¥67.96, the current price target is an average from 11 analysts. New target price is 95% above last closing price of CN¥31.04. Stock is down 41% over the past year. The company is forecast to post earnings per share of CN¥1.06 for next year compared to CN¥0.95 last year.Reported Earnings • Apr 25First quarter 2024 earnings released: EPS: CN¥0.12 (vs CN¥0.37 in 1Q 2023)First quarter 2024 results: EPS: CN¥0.12 (down from CN¥0.37 in 1Q 2023). Revenue: CN¥16.2b (up 13% from 1Q 2023). Net income: CN¥143.4m (down 69% from 1Q 2023). Profit margin: 0.9% (down from 3.2% in 1Q 2023). Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 17% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has fallen by 26% per year whereas the company’s share price has fallen by 29% per year.分析記事 • Apr 16Many Still Looking Away From Wingtech Technology Co.,Ltd (SHSE:600745)When close to half the companies in China have price-to-earnings ratios (or "P/E's") above 31x, you may consider...お知らせ • Mar 29Wingtech Technology Co.,Ltd to Report Q1, 2024 Results on Apr 23, 2024Wingtech Technology Co.,Ltd announced that they will report Q1, 2024 results on Apr 23, 2024分析記事 • Mar 25Wingtech TechnologyLtd (SHSE:600745) Shareholders Will Want The ROCE Trajectory To ContinueIf we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...Buy Or Sell Opportunity • Mar 07Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 12% to CN¥39.42. The fair value is estimated to be CN¥50.03, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.0% over the last 3 years. Earnings per share has declined by 23%. For the next 3 years, revenue is forecast to grow by 11% per annum. Earnings are also forecast to grow by 24% per annum over the same time period.Valuation Update With 7 Day Price Move • Mar 04Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CN¥42.06, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 21x in the Electronic industry in China. Total loss to shareholders of 60% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥49.94 per share.Valuation Update With 7 Day Price Move • Feb 05Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to CN¥30.20, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 17x in the Electronic industry in China. Total loss to shareholders of 72% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥43.35 per share.Buy Or Sell Opportunity • Jan 22Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 17% to CN¥35.80. The fair value is estimated to be CN¥45.03, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.9% over the last 3 years. Earnings per share has declined by 21%. For the next 3 years, revenue is forecast to grow by 12% per annum. Earnings are also forecast to grow by 25% per annum over the same time period.お知らせ • Dec 29Wingtech Technology Co.,Ltd to Report Fiscal Year 2023 Results on Apr 23, 2024Wingtech Technology Co.,Ltd announced that they will report fiscal year 2023 results on Apr 23, 2024Reported Earnings • Oct 26Third quarter 2023 earnings: EPS exceeds analyst expectations while revenues lag behindThird quarter 2023 results: EPS: CN¥0.68 (up from CN¥0.62 in 3Q 2022). Revenue: CN¥15.2b (up 12% from 3Q 2022). Net income: CN¥841.5m (up 11% from 3Q 2022). Profit margin: 5.5% (down from 5.6% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 3.3%. Earnings per share (EPS) exceeded analyst estimates by 38%. Revenue is forecast to grow 12% 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 21% per year and the company’s share price has also fallen by 21% per year.お知らせ • Sep 30Wingtech Technology Co.,Ltd to Report Q3, 2023 Results on Oct 26, 2023Wingtech Technology Co.,Ltd announced that they will report Q3, 2023 results on Oct 26, 2023お知らせ • Sep 14Wingtech Technology Co.,Ltd (SHSE:600745) completed the acquisition of Shanghai Wentianxia Real Estate Co., Ltd. from Wentianxia Technology Group Co., Ltd. and Zhang Xuezheng.Wingtech Technology Co.,Ltd (SHSE:600745) agreed to acquire Shanghai Wentianxia Real Estate Co., Ltd. from Wentianxia Technology Group Co., Ltd. and Zhang Xuezheng for CNY 710 million on August 25, 2023. Wingtech Technology Co.,Ltd board of directors approved the transaction.Wingtech Technology Co.,Ltd (SHSE:600745) completed the acquisition of Shanghai Wentianxia Real Estate Co., Ltd. from Wentianxia Technology Group Co., Ltd. and Zhang Xuezheng on September 13, 2023.Price Target Changed • Sep 05Price target decreased by 8.0% to CN¥69.09Down from CN¥75.08, the current price target is an average from 12 analysts. New target price is 49% above last closing price of CN¥46.41. Stock is down 25% over the past year. The company is forecast to post earnings per share of CN¥2.26 for next year compared to CN¥1.18 last year.Major Estimate Revision • Sep 01Consensus EPS estimates fall by 13%The consensus outlook for earnings per share (EPS) in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from CN¥67.4b to CN¥62.5b. EPS estimate also fell from CN¥2.41 per share to CN¥2.11 per share. Net income forecast to grow 115% next year vs 65% growth forecast for Electronic industry in China. Consensus price target down from CN¥75.08 to CN¥70.69. Share price rose 11% to CN¥45.77 over the past week.Reported Earnings • Aug 29Second quarter 2023 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2023 results: EPS: CN¥0.64 (up from CN¥0.55 in 2Q 2022). Revenue: CN¥14.8b (up 7.9% from 2Q 2022). Net income: CN¥797.7m (up 18% from 2Q 2022). Profit margin: 5.4% (up from 5.0% in 2Q 2022). Revenue exceeded analyst estimates by 5.7%. Earnings per share (EPS) also surpassed analyst estimates by 26%. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 19% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has fallen by 31% per year, which means it is performing significantly worse than earnings.お知らせ • Aug 02Wingtech Technology Co.,Ltd (SHSE:600745) announces an Equity Buyback for CNY 200 million worth of its shares.Wingtech Technology Co.,Ltd (SHSE:600745) announces a share repurchase program. Under the program, the company will repurchase up to CNY 200 million. The program will be valid for a period of 12 months.お知らせ • Jun 28Wingtech Technology Co.,Ltd to Report First Half, 2023 Results on Aug 26, 2023Wingtech Technology Co.,Ltd announced that they will report first half, 2023 results on Aug 26, 2023Major Estimate Revision • May 05Consensus EPS estimates fall by 17%The consensus outlook for earnings per share (EPS) in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from CN¥69.6b to CN¥66.1b. EPS estimate also fell from CN¥3.23 per share to CN¥2.68 per share. Net income forecast to grow 128% next year vs 52% growth forecast for Electronic industry in China. Consensus price target down from CN¥80.45 to CN¥78.73. Share price was steady at CN¥51.86 over the past week.Reported Earnings • Apr 29Full year 2022 earnings released: EPS: CN¥1.18 (vs CN¥2.11 in FY 2021)Full year 2022 results: EPS: CN¥1.18 (down from CN¥2.11 in FY 2021). Revenue: CN¥58.1b (up 10% from FY 2021). Net income: CN¥1.46b (down 44% from FY 2021). Profit margin: 2.5% (down from 5.0% in FY 2021). Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 17% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has fallen by 21% per year, which means it is performing significantly worse than earnings.Valuation Update With 7 Day Price Move • Apr 25Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to CN¥53.11, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 24x in the Electronic industry in China. Total loss to shareholders of 45% over the past three years.Price Target Changed • Dec 16Price target decreased to CN¥82.68Down from CN¥89.18, the current price target is an average from 11 analysts. New target price is 47% above last closing price of CN¥56.30. Stock is down 58% over the past year. The company is forecast to post earnings per share of CN¥2.28 for next year compared to CN¥2.11 last year.Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Director Xiaogang Shang was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Valuation Update With 7 Day Price Move • Nov 04Investor sentiment improved over the past weekAfter last week's 20% share price gain to CN¥52.09, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 20x in the Electronic industry in China. Total loss to shareholders of 38% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥103 per share.Price Target Changed • Nov 04Price target decreased to CN¥90.18Down from CN¥97.76, the current price target is an average from 10 analysts. New target price is 73% above last closing price of CN¥52.09. Stock is down 55% over the past year. The company is forecast to post earnings per share of CN¥2.28 for next year compared to CN¥2.11 last year.Reported Earnings • Oct 29Third quarter 2022 earnings: EPS and revenues miss analyst expectationsThird quarter 2022 results: EPS: CN¥0.62 (down from CN¥0.65 in 3Q 2021). Revenue: CN¥13.6b (down 2.1% from 3Q 2021). Net income: CN¥761.7m (down 5.8% from 3Q 2021). Profit margin: 5.6% (down from 5.8% in 3Q 2021). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 3.0%. Earnings per share (EPS) also missed analyst estimates by 16%. 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. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has fallen by 16% per year, which means it is significantly lagging earnings.Price Target Changed • Oct 16Price target decreased to CN¥97.76Down from CN¥106, the current price target is an average from 10 analysts. New target price is 102% above last closing price of CN¥48.43. Stock is down 51% over the past year. The company is forecast to post earnings per share of CN¥2.62 for next year compared to CN¥2.11 last year.Major Estimate Revision • Sep 02Consensus EPS estimates fall by 10%The consensus outlook for earnings per share (EPS) in 2022 has deteriorated. 2022 revenue forecast decreased from CN¥68.0b to CN¥66.2b. EPS estimate also fell from CN¥3.02 per share to CN¥2.70 per share. Net income forecast to grow 68% next year vs 46% growth forecast for Electronic industry in China. Consensus price target broadly unchanged at CN¥106. Share price was steady at CN¥63.25 over the past week.Reported Earnings • Aug 29Second quarter 2022 earnings: EPS and revenues miss analyst expectationsSecond quarter 2022 results: EPS: CN¥0.55 (up from CN¥0.47 in 2Q 2021). Revenue: CN¥13.7b (up 7.2% from 2Q 2021). Net income: CN¥679.1m (up 17% from 2Q 2021). Profit margin: 5.0% (up from 4.5% in 2Q 2021). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 4.3%. Earnings per share (EPS) also missed analyst estimates by 11%. Over the next year, revenue is forecast to grow 37%, compared to a 25% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has increased by 10% per year whereas the company’s share price has increased by 9% per year.Valuation Update With 7 Day Price Move • Jun 28Investor sentiment improved over the past weekAfter last week's 21% share price gain to CN¥80.62, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 22x in the Electronic industry in China. Total returns to shareholders of 131% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥94.13 per share.Board Change • Jun 01Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Director Jianhua Xiao was the last independent director to join the board, commencing their role in 2017. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Price Target Changed • May 31Price target decreased to CN¥125Down from CN¥140, the current price target is an average from 14 analysts. New target price is 97% above last closing price of CN¥63.64. Stock is down 27% over the past year. The company is forecast to post earnings per share of CN¥2.97 for next year compared to CN¥2.11 last year.Major Estimate Revision • May 02Consensus revenue estimates fall by 12%The consensus outlook for revenues in 2022 has deteriorated. 2022 revenue forecast decreased from CN¥79.1b to CN¥69.7b. EPS estimate fell from CN¥3.89 to CN¥3.26 per share. Net income forecast to grow 82% next year vs 44% growth forecast for Electronic industry in China. Consensus price target down from CN¥158 to CN¥144. Share price rose 10.0% to CN¥65.78 over the past week.Price Target Changed • Apr 29Price target decreased to CN¥144Down from CN¥158, the current price target is an average from 13 analysts. New target price is 120% above last closing price of CN¥65.78. Stock is down 23% over the past year. The company is forecast to post earnings per share of CN¥3.26 for next year compared to CN¥2.11 last year.Reported Earnings • Apr 27First quarter 2022 earnings: EPS and revenues miss analyst expectationsFirst quarter 2022 results: EPS: CN¥0.40 (down from CN¥0.53 in 1Q 2021). Revenue: CN¥14.8b (up 23% from 1Q 2021). Net income: CN¥502.7m (down 23% from 1Q 2021). Profit margin: 3.4% (down from 5.4% in 1Q 2021). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 2.9%. Earnings per share (EPS) also missed analyst estimates by 43%. Over the next year, revenue is forecast to grow 38%, compared to a 24% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has increased by 22% per year and the company’s share price has also increased by 22% per year.Buying Opportunity • Apr 13Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 42%. The fair value is estimated to be CN¥84.56, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 38% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 82% in 2 years. Earnings is forecast to grow by 182% in the next 2 years.Valuation Update With 7 Day Price Move • Mar 29Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to CN¥84.61, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 23x in the Electronic industry in China. Total returns to shareholders of 150% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥85.94 per share.Reported Earnings • Oct 31Third quarter 2021 earnings released: EPS CN¥0.65 (vs CN¥0.47 in 3Q 2020)The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2021 results: Revenue: CN¥13.9b (down 4.3% from 3Q 2020). Net income: CN¥808.9m (up 45% from 3Q 2020). Profit margin: 5.8% (up from 3.8% in 3Q 2020). The increase in margin was driven by lower expenses.Price Target Changed • Sep 07Price target increased to CN¥154Up from CN¥139, the current price target is an average from 8 analysts. New target price is 36% above last closing price of CN¥113. Stock is down 11% over the past year.Reported Earnings • Sep 01Second quarter 2021 earnings released: EPS CN¥0.47 (vs CN¥0.94 in 2Q 2020)The company reported a poor second quarter result with weaker earnings and profit margins, although revenues were flat. Second quarter 2021 results: Revenue: CN¥12.8b (flat on 2Q 2020). Net income: CN¥580.7m (down 46% from 2Q 2020). Profit margin: 4.5% (down from 8.4% in 2Q 2020).Valuation Update With 7 Day Price Move • Jul 30Investor sentiment improved over the past weekAfter last week's 24% share price gain to CN¥109, the stock trades at a forward P/E ratio of 32x. Average forward P/E is 31x in the Electronic industry in China. Total loss to shareholders of 28% over the past year. Simply Wall St's valuation model estimates the intrinsic value at CN¥70.54 per share.Reported Earnings • May 02First quarter 2021 earnings released: EPS CN¥0.53 (vs CN¥0.57 in 1Q 2020)The company reported a solid first quarter result with improved earnings and revenues, although profit margins were weaker. First quarter 2021 results: Revenue: CN¥12.0b (up 5.7% from 1Q 2020). Net income: CN¥651.7m (up 2.6% from 1Q 2020). Profit margin: 5.4% (down from 5.6% in 1Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 81% per year but the company’s share price has only increased by 41% per year, which means it is significantly lagging earnings growth.お知らせ • Feb 10Wingtech Technology Co.,Ltd (SHSE:600745) signed the acquisition intention agreement to acquire Guangzhou Delta Imaging Technology Co., Ltd. from OFILM Group Co., Ltd. (SZSE:002456).Wingtech Technology Co.,Ltd (SHSE:600745) signed the acquisition intention agreement to acquire Guangzhou Delta Imaging Technology Co., Ltd. from OFILM Group Co., Ltd. (SZSE:002456) on February 7, 2021. Under the terms of the transaction, Wingtech Technology Co.,Ltd will pay the purchase price of 10* (Guangzhou Delta Imaging Technology Co., Ltd.'s 2020 audited net profit (including the company's 2020 net profit from OFILM Technology (Hong Kong) Co., Ltd. plus the transaction price of operating assets. Taking into account the appreciation of intangible assets of operating assets, the transaction price shall be based on the value after special evaluation, and shall not be lower than the book value after special verification.) The transaction price is inclusive of value-added tax price. Wingtech Technology Co.,Ltd intends to pay in cash. The transaction price shall be paid in two installments. Among them, within 5 working days after the formal acquisition agreement has come into effect and the transaction is approved by the internal authorities of both parties, Wingtech Technology shall pay OFILM Group 55% of the transaction price; the relevant government authority that completed the transaction approved (if involved) and the subject matter within 10 working days from the date of completion of the asset delivery, Wingtech Technology shall pay OFILM Group 45% of the transaction price. Wingtech Technology agrees to pay OFILM Group an intent gold of CNY 300 million as the "Intent Money". Within 5 working days after the signing of this agreement, Wingtech Technology shall remit the intention money to the escrow account agreed by both parties. The audit and evaluation base date for this transaction will be December 31, 2020. For the period ended September 30, 2020, Guangzhou Delta Imaging Technology Co., Ltd. has unaudited total assets of CNY 22 billion and unaudited net assets of CNY 1.5 billion. The transaction and its formal plan still need to perform necessary approval procedures in accordance with the "Articles of Association", "Shanghai Stock Exchange Stock Listing Rules" and other Chinese laws and regulations. On February 7, 2021, Wingtech Technology Co.,Ltd held the thirty-fourth meeting of the tenth Board of Directors and approved the transaction.財務状況分析短期負債: 600745の 短期資産 ( CN¥8.2B ) が 短期負債 ( CN¥6.6B ) を超えています。長期負債: 600745の短期資産 ( CN¥8.2B ) は 長期負債 ( CN¥9.5B ) をカバーしていません。デット・ツー・エクイティの歴史と分析負債レベル: 600745の 純負債対資本比率 ( 17.2% ) は 満足できる 水準であると考えられます。負債の削減: 600745の負債対資本比率は、過去 5 年間で24.9%から35.9%に増加しました。債務返済能力: 600745の負債は 営業キャッシュフロー によって 十分にカバー されています ( 42.2% )。インタレストカバレッジ: 600745の負債に対する 利息支払い は EBIT ( 2.4 x coverage) によって 十分にカバーされていません。貸借対照表健全な企業の発掘7D1Y7D1Y7D1YTech 業界の健全な企業。View Dividend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2026/06/14 04:17終値2026/06/12 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Wingtech Technology Co.,Ltd 3 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。19 アナリスト機関Ke QuCCB International Securities LimitedHanjing WenChina International Capital Corporation LimitedTao XuCitic Securities Co., Ltd.16 その他のアナリストを表示
分析記事 • Dec 30Does Wingtech TechnologyLtd (SHSE:600745) Have A Healthy Balance Sheet?Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
分析記事 • Aug 29Is Wingtech TechnologyLtd (SHSE:600745) A Risky Investment?Warren Buffett famously said, 'Volatility is far from synonymous with risk.' When we think about how risky a company...
分析記事 • May 22Wingtech TechnologyLtd (SHSE:600745) Has A Somewhat Strained Balance SheetSome say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Buy Or Sell Opportunity • Jun 01Now 21% overvaluedOver the last 90 days, the stock has fallen 30% to CN¥21.70. The fair value is estimated to be CN¥17.99, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 14% over the last 3 years. Meanwhile, the company became loss making.
お知らせ • May 27+ 1 more updateWingtech Technology Co.,Ltd(XSSC:600745) dropped from FTSE All-World Index (USD)Wingtech Technology Co.,Ltd(XSSC:600745) dropped from FTSE All-World Index (USD)
Price Target Changed • May 19Price target decreased by 14% to CN¥44.32Down from CN¥51.32, the current price target is an average from 5 analysts. New target price is 163% above last closing price of CN¥16.84. Stock is down 52% over the past year. The company is forecast to post earnings per share of CN¥2.36 next year compared to a net loss per share of CN¥7.03 last year.
Reported Earnings • May 01First quarter 2026 earnings: EPS and revenues miss analyst expectationsFirst quarter 2026 results: CN¥0.15 loss per share (down from CN¥0.21 profit in 1Q 2025). Revenue: CN¥816.4m (down 94% from 1Q 2025). Net loss: CN¥189.3m (down 172% from profit in 1Q 2025). Revenue missed analyst estimates by 78%. Earnings per share (EPS) were also behind analyst expectations. Revenue is forecast to grow 6.9% p.a. on average during the next 3 years, compared to a 24% 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 104 percentage points per year, which is a significant difference in performance.
お知らせ • Mar 30Wingtech Technology Co.,Ltd to Report Q1, 2026 Results on Apr 30, 2026Wingtech Technology Co.,Ltd announced that they will report Q1, 2026 results on Apr 30, 2026
お知らせ • Dec 26Wingtech Technology Co.,Ltd to Report Fiscal Year 2025 Results on Apr 30, 2026Wingtech Technology Co.,Ltd announced that they will report fiscal year 2025 results on Apr 30, 2026
Reported Earnings • Oct 25Third quarter 2025 earnings: EPS exceeds analyst expectationsThird quarter 2025 results: EPS: CN¥0.85 (up from CN¥0.23 in 3Q 2024). Revenue: CN¥4.43b (down 77% from 3Q 2024). Net income: CN¥1.04b (up 279% from 3Q 2024). Profit margin: 24% (up from 1.4% in 3Q 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 52%. Revenue is expected to decline by 29% p.a. on average during the next 3 years, while revenues in the Electronic industry in China are expected to grow by 21%. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 108 percentage points per year, which is a significant difference in performance.
お知らせ • Sep 30Wingtech Technology Co.,Ltd to Report Q3, 2025 Results on Oct 25, 2025Wingtech Technology Co.,Ltd announced that they will report Q3, 2025 results on Oct 25, 2025
Buy Or Sell Opportunity • Sep 15Now 22% overvalued after recent price riseOver the last 90 days, the stock has risen 39% to CN¥43.53. The fair value is estimated to be CN¥35.79, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 8.4% over the last 3 years. Meanwhile, the company became loss making.
Reported Earnings • Aug 31Second quarter 2025 earnings: Revenues exceed analysts expectations while EPS lags behindSecond quarter 2025 results: EPS: CN¥0.17 (up from CN¥0.002 loss in 2Q 2024). Revenue: CN¥12.2b (down 29% from 2Q 2024). Net income: CN¥212.3m (up CN¥215.3m from 2Q 2024). Profit margin: 1.7% (up from 0% in 2Q 2024). Revenue exceeded analyst estimates by 30%. Earnings per share (EPS) missed analyst estimates by 50%. Revenue is expected to decline by 33% p.a. on average during the next 3 years, while revenues in the Electronic industry in China are expected to grow by 20%. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 97 percentage points per year, which is a significant difference in performance.
Buy Or Sell Opportunity • Aug 20Now 23% overvalued after recent price riseOver the last 90 days, the stock has risen 9.6% to CN¥39.24. The fair value is estimated to be CN¥31.77, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 9.4% over the last 3 years. Meanwhile, the company became loss making.
Buy Or Sell Opportunity • Jul 29Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 9.7% to CN¥38.02. The fair value is estimated to be CN¥31.51, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 9.4% over the last 3 years. Meanwhile, the company became loss making.
お知らせ • Jun 30Wingtech Technology Co.,Ltd to Report First Half, 2025 Results on Aug 30, 2025Wingtech Technology Co.,Ltd announced that they will report first half, 2025 results on Aug 30, 2025
Price Target Changed • May 31Price target increased by 20% to CN¥50.09Up from CN¥41.90, the current price target is an average from 7 analysts. New target price is 47% above last closing price of CN¥33.96. Stock is up 11% over the past year. The company is forecast to post earnings per share of CN¥1.84 next year compared to a net loss per share of CN¥2.28 last year.
Board Change • Apr 29Less than half of directors are independentThere are 4 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 4 new directors. 3 experienced directors. 1 highly experienced director. 2 independent directors (3 non-independent directors). Chairman & CEO Qiuhong Zhang is the most experienced director on the board, commencing their role in 2017. Independent Director Xiaohong Huang was the last independent director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of experienced directors.
お知らせ • Apr 28Wingtech Technology Co.,Ltd, Annual General Meeting, May 16, 2025Wingtech Technology Co.,Ltd, Annual General Meeting, May 16, 2025, at 14:00 China Standard Time. Location: The Company's Meeting Room, Huangshi, Hubei China
Reported Earnings • Apr 27First quarter 2025 earnings released: EPS: CN¥0.21 (vs CN¥0.12 in 1Q 2024)First quarter 2025 results: EPS: CN¥0.21 (up from CN¥0.12 in 1Q 2024). Revenue: CN¥13.1b (down 19% from 1Q 2024). Net income: CN¥261.4m (up 82% from 1Q 2024). Profit margin: 2.0% (up from 0.9% in 1Q 2024). Revenue is forecast to grow 8.4% p.a. on average during the next 3 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 78 percentage points per year, which is a significant difference in performance.
お知らせ • Apr 14Wingtech Technology Co.,Ltd (SHSE:600745) announces an Equity Buyback for CNY 400 million worth of its shares.Wingtech Technology Co.,Ltd (SHSE:600745) announces a share repurchase program. Under the program, the company will repurchase up to CNY 400 million worth of its shares. The shares will be repurchased at no more than CNY 50 per share. The shares repurchased are intended to be used for the employee stock ownership plan at an appropriate time in the future. The program will be funded from company's own funds. The program will be valid till April 10, 2026.
お知らせ • Mar 28Wingtech Technology Co.,Ltd to Report Q1, 2025 Results on Apr 26, 2025Wingtech Technology Co.,Ltd announced that they will report Q1, 2025 results on Apr 26, 2025
分析記事 • Mar 24Wingtech TechnologyLtd (SHSE:600745) Could Be Struggling To Allocate CapitalThere are a few key trends to look for if we want to identify the next multi-bagger. Firstly, we'd want to identify a...
Buy Or Sell Opportunity • Mar 13Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 2.0% to CN¥35.28. The fair value is estimated to be CN¥44.26, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.4% over the last 3 years. Meanwhile, the company became loss making.
分析記事 • Mar 09A Look At The Intrinsic Value Of Wingtech Technology Co.,Ltd (SHSE:600745)Key Insights Wingtech TechnologyLtd's estimated fair value is CN¥44.18 based on 2 Stage Free Cash Flow to Equity With...
お知らせ • Mar 07Wingtech Technology Co.,Ltd (SHSE:600745) announces an Equity Buyback for CNY 200 million worth of its shares.Wingtech Technology Co.,Ltd (SHSE:600745) announces a share repurchase program. Under the program, the company will repurchase up to CNY 200 million worth of its shares. The shares will be repurchased at no more than CNY 50 per share. The shares repurchased this time are intended to be used for the employee stock ownership plan at an appropriate time in the future. The program will be funded from company's own funds. The program will be valid till March 6, 2026.
Buy Or Sell Opportunity • Feb 18Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 20% to CN¥34.32. The fair value is estimated to be CN¥43.63, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.4% over the last 3 years. Meanwhile, the company became loss making.
分析記事 • Feb 06Is It Time To Consider Buying Wingtech Technology Co.,Ltd (SHSE:600745)?While Wingtech Technology Co.,Ltd ( SHSE:600745 ) might not have the largest market cap around , it saw significant...
Buy Or Sell Opportunity • Jan 02Now 23% undervaluedOver the last 90 days, the stock has risen 14% to CN¥37.15. The fair value is estimated to be CN¥48.23, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.4% over the last 3 years. Meanwhile, the company became loss making.
Price Target Changed • Jan 01Price target decreased by 21% to CN¥39.55Down from CN¥50.01, the current price target is an average from 6 analysts. New target price is approximately in line with last closing price of CN¥38.78. Stock is down 5.0% over the past year. The company is forecast to post earnings per share of CN¥0.95 for next year compared to CN¥0.95 last year.
分析記事 • Dec 30Does Wingtech TechnologyLtd (SHSE:600745) Have A Healthy Balance Sheet?Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
お知らせ • Dec 27Wingtech Technology Co.,Ltd to Report Fiscal Year 2024 Results on Apr 26, 2025Wingtech Technology Co.,Ltd announced that they will report fiscal year 2024 results on Apr 26, 2025
お知らせ • Dec 19Wingtech Technology Co.,Ltd(SHSE:600745) dropped from SSE 180 IndexWingtech Technology Co.,Ltd has been removed from SSE 180 Index .
お知らせ • Dec 18Wingtech Technology Co.,Ltd(SHSE:600745) dropped from Shanghai Stock Exchange 180 Value IndexWingtech Technology Co.,Ltd has been removed from Shanghai Stock Exchange 180 Value Index .
分析記事 • Dec 11Revenues Working Against Wingtech Technology Co.,Ltd's (SHSE:600745) Share Price Following 28% DiveThe Wingtech Technology Co.,Ltd ( SHSE:600745 ) share price has softened a substantial 28% over the previous 30 days...
分析記事 • Dec 03Is There An Opportunity With Wingtech Technology Co.,Ltd's (SHSE:600745) 23% Undervaluation?Key Insights Wingtech TechnologyLtd's estimated fair value is CN¥48.77 based on 2 Stage Free Cash Flow to Equity...
Buy Or Sell Opportunity • Nov 25Now 21% undervaluedOver the last 90 days, the stock has risen 61% to CN¥39.20. The fair value is estimated to be CN¥49.42, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.4% over the last 3 years. Meanwhile, the company became loss making.
分析記事 • Nov 13Wingtech TechnologyLtd (SHSE:600745) Will Be Hoping To Turn Its Returns On Capital AroundTo find a multi-bagger stock, what are the underlying trends we should look for in a business? Amongst other things...
Reported Earnings • Oct 26Third quarter 2024 earnings: EPS and revenues exceed analyst expectationsThird quarter 2024 results: EPS: CN¥0.23 (down from CN¥0.68 in 3Q 2023). Revenue: CN¥19.6b (up 29% from 3Q 2023). Net income: CN¥274.1m (down 67% from 3Q 2023). Profit margin: 1.4% (down from 5.5% in 3Q 2023). Revenue exceeded analyst estimates by 14%. Earnings per share (EPS) also surpassed analyst estimates by 10.0%. Revenue is forecast to grow 7.8% 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 fallen by 56% per year but the company’s share price has only fallen by 31% per year, which means it has not declined as severely as earnings.
分析記事 • Oct 16Should You Think About Buying Wingtech Technology Co.,Ltd (SHSE:600745) Now?Wingtech Technology Co.,Ltd ( SHSE:600745 ), is not the largest company out there, but it led the SHSE gainers with a...
分析記事 • Oct 01Wingtech Technology Co.,Ltd's (SHSE:600745) Shares Bounce 25% But Its Business Still Trails The IndustryWingtech Technology Co.,Ltd ( SHSE:600745 ) shareholders would be excited to see that the share price has had a great...
New Risk • Sep 30New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 6.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (6.9% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.1% net profit margin).
お知らせ • Sep 30Wingtech Technology Co.,Ltd to Report Q3, 2024 Results on Oct 26, 2024Wingtech Technology Co.,Ltd announced that they will report Q3, 2024 results on Oct 26, 2024
Major Estimate Revision • Sep 04Consensus EPS estimates fall by 50%, revenue upgradedThe consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast increased from CN¥67.5b to CN¥68.3b. EPS estimate fell from CN¥1.55 to CN¥0.77 per share. Net income forecast to grow 2,615% next year vs 52% growth forecast for Electronic industry in China. Consensus price target broadly unchanged at CN¥48.02. Share price rose 5.6% to CN¥25.58 over the past week.
分析記事 • Aug 29Is Wingtech TechnologyLtd (SHSE:600745) A Risky Investment?Warren Buffett famously said, 'Volatility is far from synonymous with risk.' When we think about how risky a company...
Reported Earnings • Aug 29Second quarter 2024 earnings: Revenues exceed analysts expectations while EPS lags behindSecond quarter 2024 results: CN¥0.002 loss per share (down from CN¥0.64 profit in 2Q 2023). Revenue: CN¥17.3b (up 17% from 2Q 2023). Net loss: CN¥2.98m (down 100% from profit in 2Q 2023). Profit margin: 0% (down from 5.4% in 2Q 2023). Revenue exceeded analyst estimates by 8.0%. Earnings per share (EPS) missed analyst estimates. Revenue is forecast to grow 8.3% 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 fallen by 38% per year whereas the company’s share price has fallen by 40% per year.
分析記事 • Aug 12The Return Trends At Wingtech TechnologyLtd (SHSE:600745) Look PromisingThere are a few key trends to look for if we want to identify the next multi-bagger. Amongst other things, we'll want...
分析記事 • Jul 28Why Investors Shouldn't Be Surprised By Wingtech Technology Co.,Ltd's (SHSE:600745) P/EWhen close to half the companies in China have price-to-earnings ratios (or "P/E's") below 27x, you may consider...
分析記事 • Jul 12Is Wingtech Technology Co.,Ltd (SHSE:600745) Trading At A 31% Discount?Key Insights Using the 2 Stage Free Cash Flow to Equity, Wingtech TechnologyLtd fair value estimate is CN¥43.34 Current...
Buy Or Sell Opportunity • Jul 01Now 34% undervalued after recent price dropOver the last 90 days, the stock has fallen 24% to CN¥28.06. The fair value is estimated to be CN¥42.26, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.3% over the last 3 years. Earnings per share has declined by 26%. For the next 3 years, revenue is forecast to grow by 8.3% per annum. Earnings are also forecast to grow by 30% per annum over the same time period.
お知らせ • Jun 28Wingtech Technology Co.,Ltd to Report First Half, 2024 Results on Aug 29, 2024Wingtech Technology Co.,Ltd announced that they will report first half, 2024 results on Aug 29, 2024
Buy Or Sell Opportunity • Jun 19Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 21% to CN¥31.13. The fair value is estimated to be CN¥39.03, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.3% over the last 3 years. Earnings per share has declined by 26%. For the next 3 years, revenue is forecast to grow by 8.6% per annum. Earnings are also forecast to grow by 32% per annum over the same time period.
Price Target Changed • Jun 13Price target decreased by 15% to CN¥46.77Down from CN¥55.34, the current price target is an average from 8 analysts. New target price is 55% above last closing price of CN¥30.16. Stock is down 41% over the past year. The company is forecast to post earnings per share of CN¥1.29 for next year compared to CN¥0.95 last year.
Buy Or Sell Opportunity • May 24Now 22% undervalued after recent price dropOver the last 90 days, the stock has fallen 19% to CN¥29.63. The fair value is estimated to be CN¥37.99, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.3% over the last 3 years. Earnings per share has declined by 26%. For the next 3 years, revenue is forecast to grow by 9.0% per annum. Earnings are also forecast to grow by 33% per annum over the same time period.
分析記事 • May 22Wingtech TechnologyLtd (SHSE:600745) Has A Somewhat Strained Balance SheetSome say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
お知らせ • May 19Wingtech Technology Co.,Ltd, Annual General Meeting, Jun 14, 2024Wingtech Technology Co.,Ltd, Annual General Meeting, Jun 14, 2024, at 14:00 China Standard Time.
分析記事 • Apr 30There May Be Reason For Hope In Wingtech TechnologyLtd's (SHSE:600745) Disappointing EarningsThe most recent earnings report from Wingtech Technology Co.,Ltd ( SHSE:600745 ) was disappointing for shareholders...
Price Target Changed • Apr 27Price target decreased by 11% to CN¥60.38Down from CN¥67.96, the current price target is an average from 11 analysts. New target price is 95% above last closing price of CN¥31.04. Stock is down 41% over the past year. The company is forecast to post earnings per share of CN¥1.06 for next year compared to CN¥0.95 last year.
Reported Earnings • Apr 25First quarter 2024 earnings released: EPS: CN¥0.12 (vs CN¥0.37 in 1Q 2023)First quarter 2024 results: EPS: CN¥0.12 (down from CN¥0.37 in 1Q 2023). Revenue: CN¥16.2b (up 13% from 1Q 2023). Net income: CN¥143.4m (down 69% from 1Q 2023). Profit margin: 0.9% (down from 3.2% in 1Q 2023). Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 17% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has fallen by 26% per year whereas the company’s share price has fallen by 29% per year.
分析記事 • Apr 16Many Still Looking Away From Wingtech Technology Co.,Ltd (SHSE:600745)When close to half the companies in China have price-to-earnings ratios (or "P/E's") above 31x, you may consider...
お知らせ • Mar 29Wingtech Technology Co.,Ltd to Report Q1, 2024 Results on Apr 23, 2024Wingtech Technology Co.,Ltd announced that they will report Q1, 2024 results on Apr 23, 2024
分析記事 • Mar 25Wingtech TechnologyLtd (SHSE:600745) Shareholders Will Want The ROCE Trajectory To ContinueIf we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
Buy Or Sell Opportunity • Mar 07Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 12% to CN¥39.42. The fair value is estimated to be CN¥50.03, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.0% over the last 3 years. Earnings per share has declined by 23%. For the next 3 years, revenue is forecast to grow by 11% per annum. Earnings are also forecast to grow by 24% per annum over the same time period.
Valuation Update With 7 Day Price Move • Mar 04Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CN¥42.06, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 21x in the Electronic industry in China. Total loss to shareholders of 60% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥49.94 per share.
Valuation Update With 7 Day Price Move • Feb 05Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to CN¥30.20, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 17x in the Electronic industry in China. Total loss to shareholders of 72% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥43.35 per share.
Buy Or Sell Opportunity • Jan 22Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 17% to CN¥35.80. The fair value is estimated to be CN¥45.03, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.9% over the last 3 years. Earnings per share has declined by 21%. For the next 3 years, revenue is forecast to grow by 12% per annum. Earnings are also forecast to grow by 25% per annum over the same time period.
お知らせ • Dec 29Wingtech Technology Co.,Ltd to Report Fiscal Year 2023 Results on Apr 23, 2024Wingtech Technology Co.,Ltd announced that they will report fiscal year 2023 results on Apr 23, 2024
Reported Earnings • Oct 26Third quarter 2023 earnings: EPS exceeds analyst expectations while revenues lag behindThird quarter 2023 results: EPS: CN¥0.68 (up from CN¥0.62 in 3Q 2022). Revenue: CN¥15.2b (up 12% from 3Q 2022). Net income: CN¥841.5m (up 11% from 3Q 2022). Profit margin: 5.5% (down from 5.6% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 3.3%. Earnings per share (EPS) exceeded analyst estimates by 38%. Revenue is forecast to grow 12% 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 21% per year and the company’s share price has also fallen by 21% per year.
お知らせ • Sep 30Wingtech Technology Co.,Ltd to Report Q3, 2023 Results on Oct 26, 2023Wingtech Technology Co.,Ltd announced that they will report Q3, 2023 results on Oct 26, 2023
お知らせ • Sep 14Wingtech Technology Co.,Ltd (SHSE:600745) completed the acquisition of Shanghai Wentianxia Real Estate Co., Ltd. from Wentianxia Technology Group Co., Ltd. and Zhang Xuezheng.Wingtech Technology Co.,Ltd (SHSE:600745) agreed to acquire Shanghai Wentianxia Real Estate Co., Ltd. from Wentianxia Technology Group Co., Ltd. and Zhang Xuezheng for CNY 710 million on August 25, 2023. Wingtech Technology Co.,Ltd board of directors approved the transaction.Wingtech Technology Co.,Ltd (SHSE:600745) completed the acquisition of Shanghai Wentianxia Real Estate Co., Ltd. from Wentianxia Technology Group Co., Ltd. and Zhang Xuezheng on September 13, 2023.
Price Target Changed • Sep 05Price target decreased by 8.0% to CN¥69.09Down from CN¥75.08, the current price target is an average from 12 analysts. New target price is 49% above last closing price of CN¥46.41. Stock is down 25% over the past year. The company is forecast to post earnings per share of CN¥2.26 for next year compared to CN¥1.18 last year.
Major Estimate Revision • Sep 01Consensus EPS estimates fall by 13%The consensus outlook for earnings per share (EPS) in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from CN¥67.4b to CN¥62.5b. EPS estimate also fell from CN¥2.41 per share to CN¥2.11 per share. Net income forecast to grow 115% next year vs 65% growth forecast for Electronic industry in China. Consensus price target down from CN¥75.08 to CN¥70.69. Share price rose 11% to CN¥45.77 over the past week.
Reported Earnings • Aug 29Second quarter 2023 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2023 results: EPS: CN¥0.64 (up from CN¥0.55 in 2Q 2022). Revenue: CN¥14.8b (up 7.9% from 2Q 2022). Net income: CN¥797.7m (up 18% from 2Q 2022). Profit margin: 5.4% (up from 5.0% in 2Q 2022). Revenue exceeded analyst estimates by 5.7%. Earnings per share (EPS) also surpassed analyst estimates by 26%. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 19% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has fallen by 31% per year, which means it is performing significantly worse than earnings.
お知らせ • Aug 02Wingtech Technology Co.,Ltd (SHSE:600745) announces an Equity Buyback for CNY 200 million worth of its shares.Wingtech Technology Co.,Ltd (SHSE:600745) announces a share repurchase program. Under the program, the company will repurchase up to CNY 200 million. The program will be valid for a period of 12 months.
お知らせ • Jun 28Wingtech Technology Co.,Ltd to Report First Half, 2023 Results on Aug 26, 2023Wingtech Technology Co.,Ltd announced that they will report first half, 2023 results on Aug 26, 2023
Major Estimate Revision • May 05Consensus EPS estimates fall by 17%The consensus outlook for earnings per share (EPS) in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from CN¥69.6b to CN¥66.1b. EPS estimate also fell from CN¥3.23 per share to CN¥2.68 per share. Net income forecast to grow 128% next year vs 52% growth forecast for Electronic industry in China. Consensus price target down from CN¥80.45 to CN¥78.73. Share price was steady at CN¥51.86 over the past week.
Reported Earnings • Apr 29Full year 2022 earnings released: EPS: CN¥1.18 (vs CN¥2.11 in FY 2021)Full year 2022 results: EPS: CN¥1.18 (down from CN¥2.11 in FY 2021). Revenue: CN¥58.1b (up 10% from FY 2021). Net income: CN¥1.46b (down 44% from FY 2021). Profit margin: 2.5% (down from 5.0% in FY 2021). Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 17% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has fallen by 21% per year, which means it is performing significantly worse than earnings.
Valuation Update With 7 Day Price Move • Apr 25Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to CN¥53.11, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 24x in the Electronic industry in China. Total loss to shareholders of 45% over the past three years.
Price Target Changed • Dec 16Price target decreased to CN¥82.68Down from CN¥89.18, the current price target is an average from 11 analysts. New target price is 47% above last closing price of CN¥56.30. Stock is down 58% over the past year. The company is forecast to post earnings per share of CN¥2.28 for next year compared to CN¥2.11 last year.
Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Director Xiaogang Shang was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Valuation Update With 7 Day Price Move • Nov 04Investor sentiment improved over the past weekAfter last week's 20% share price gain to CN¥52.09, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 20x in the Electronic industry in China. Total loss to shareholders of 38% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥103 per share.
Price Target Changed • Nov 04Price target decreased to CN¥90.18Down from CN¥97.76, the current price target is an average from 10 analysts. New target price is 73% above last closing price of CN¥52.09. Stock is down 55% over the past year. The company is forecast to post earnings per share of CN¥2.28 for next year compared to CN¥2.11 last year.
Reported Earnings • Oct 29Third quarter 2022 earnings: EPS and revenues miss analyst expectationsThird quarter 2022 results: EPS: CN¥0.62 (down from CN¥0.65 in 3Q 2021). Revenue: CN¥13.6b (down 2.1% from 3Q 2021). Net income: CN¥761.7m (down 5.8% from 3Q 2021). Profit margin: 5.6% (down from 5.8% in 3Q 2021). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 3.0%. Earnings per share (EPS) also missed analyst estimates by 16%. 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. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has fallen by 16% per year, which means it is significantly lagging earnings.
Price Target Changed • Oct 16Price target decreased to CN¥97.76Down from CN¥106, the current price target is an average from 10 analysts. New target price is 102% above last closing price of CN¥48.43. Stock is down 51% over the past year. The company is forecast to post earnings per share of CN¥2.62 for next year compared to CN¥2.11 last year.
Major Estimate Revision • Sep 02Consensus EPS estimates fall by 10%The consensus outlook for earnings per share (EPS) in 2022 has deteriorated. 2022 revenue forecast decreased from CN¥68.0b to CN¥66.2b. EPS estimate also fell from CN¥3.02 per share to CN¥2.70 per share. Net income forecast to grow 68% next year vs 46% growth forecast for Electronic industry in China. Consensus price target broadly unchanged at CN¥106. Share price was steady at CN¥63.25 over the past week.
Reported Earnings • Aug 29Second quarter 2022 earnings: EPS and revenues miss analyst expectationsSecond quarter 2022 results: EPS: CN¥0.55 (up from CN¥0.47 in 2Q 2021). Revenue: CN¥13.7b (up 7.2% from 2Q 2021). Net income: CN¥679.1m (up 17% from 2Q 2021). Profit margin: 5.0% (up from 4.5% in 2Q 2021). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 4.3%. Earnings per share (EPS) also missed analyst estimates by 11%. Over the next year, revenue is forecast to grow 37%, compared to a 25% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has increased by 10% per year whereas the company’s share price has increased by 9% per year.
Valuation Update With 7 Day Price Move • Jun 28Investor sentiment improved over the past weekAfter last week's 21% share price gain to CN¥80.62, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 22x in the Electronic industry in China. Total returns to shareholders of 131% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥94.13 per share.
Board Change • Jun 01Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Director Jianhua Xiao was the last independent director to join the board, commencing their role in 2017. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Price Target Changed • May 31Price target decreased to CN¥125Down from CN¥140, the current price target is an average from 14 analysts. New target price is 97% above last closing price of CN¥63.64. Stock is down 27% over the past year. The company is forecast to post earnings per share of CN¥2.97 for next year compared to CN¥2.11 last year.
Major Estimate Revision • May 02Consensus revenue estimates fall by 12%The consensus outlook for revenues in 2022 has deteriorated. 2022 revenue forecast decreased from CN¥79.1b to CN¥69.7b. EPS estimate fell from CN¥3.89 to CN¥3.26 per share. Net income forecast to grow 82% next year vs 44% growth forecast for Electronic industry in China. Consensus price target down from CN¥158 to CN¥144. Share price rose 10.0% to CN¥65.78 over the past week.
Price Target Changed • Apr 29Price target decreased to CN¥144Down from CN¥158, the current price target is an average from 13 analysts. New target price is 120% above last closing price of CN¥65.78. Stock is down 23% over the past year. The company is forecast to post earnings per share of CN¥3.26 for next year compared to CN¥2.11 last year.
Reported Earnings • Apr 27First quarter 2022 earnings: EPS and revenues miss analyst expectationsFirst quarter 2022 results: EPS: CN¥0.40 (down from CN¥0.53 in 1Q 2021). Revenue: CN¥14.8b (up 23% from 1Q 2021). Net income: CN¥502.7m (down 23% from 1Q 2021). Profit margin: 3.4% (down from 5.4% in 1Q 2021). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 2.9%. Earnings per share (EPS) also missed analyst estimates by 43%. Over the next year, revenue is forecast to grow 38%, compared to a 24% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has increased by 22% per year and the company’s share price has also increased by 22% per year.
Buying Opportunity • Apr 13Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 42%. The fair value is estimated to be CN¥84.56, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 38% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 82% in 2 years. Earnings is forecast to grow by 182% in the next 2 years.
Valuation Update With 7 Day Price Move • Mar 29Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to CN¥84.61, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 23x in the Electronic industry in China. Total returns to shareholders of 150% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥85.94 per share.
Reported Earnings • Oct 31Third quarter 2021 earnings released: EPS CN¥0.65 (vs CN¥0.47 in 3Q 2020)The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2021 results: Revenue: CN¥13.9b (down 4.3% from 3Q 2020). Net income: CN¥808.9m (up 45% from 3Q 2020). Profit margin: 5.8% (up from 3.8% in 3Q 2020). The increase in margin was driven by lower expenses.
Price Target Changed • Sep 07Price target increased to CN¥154Up from CN¥139, the current price target is an average from 8 analysts. New target price is 36% above last closing price of CN¥113. Stock is down 11% over the past year.
Reported Earnings • Sep 01Second quarter 2021 earnings released: EPS CN¥0.47 (vs CN¥0.94 in 2Q 2020)The company reported a poor second quarter result with weaker earnings and profit margins, although revenues were flat. Second quarter 2021 results: Revenue: CN¥12.8b (flat on 2Q 2020). Net income: CN¥580.7m (down 46% from 2Q 2020). Profit margin: 4.5% (down from 8.4% in 2Q 2020).
Valuation Update With 7 Day Price Move • Jul 30Investor sentiment improved over the past weekAfter last week's 24% share price gain to CN¥109, the stock trades at a forward P/E ratio of 32x. Average forward P/E is 31x in the Electronic industry in China. Total loss to shareholders of 28% over the past year. Simply Wall St's valuation model estimates the intrinsic value at CN¥70.54 per share.
Reported Earnings • May 02First quarter 2021 earnings released: EPS CN¥0.53 (vs CN¥0.57 in 1Q 2020)The company reported a solid first quarter result with improved earnings and revenues, although profit margins were weaker. First quarter 2021 results: Revenue: CN¥12.0b (up 5.7% from 1Q 2020). Net income: CN¥651.7m (up 2.6% from 1Q 2020). Profit margin: 5.4% (down from 5.6% in 1Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 81% per year but the company’s share price has only increased by 41% per year, which means it is significantly lagging earnings growth.
お知らせ • Feb 10Wingtech Technology Co.,Ltd (SHSE:600745) signed the acquisition intention agreement to acquire Guangzhou Delta Imaging Technology Co., Ltd. from OFILM Group Co., Ltd. (SZSE:002456).Wingtech Technology Co.,Ltd (SHSE:600745) signed the acquisition intention agreement to acquire Guangzhou Delta Imaging Technology Co., Ltd. from OFILM Group Co., Ltd. (SZSE:002456) on February 7, 2021. Under the terms of the transaction, Wingtech Technology Co.,Ltd will pay the purchase price of 10* (Guangzhou Delta Imaging Technology Co., Ltd.'s 2020 audited net profit (including the company's 2020 net profit from OFILM Technology (Hong Kong) Co., Ltd. plus the transaction price of operating assets. Taking into account the appreciation of intangible assets of operating assets, the transaction price shall be based on the value after special evaluation, and shall not be lower than the book value after special verification.) The transaction price is inclusive of value-added tax price. Wingtech Technology Co.,Ltd intends to pay in cash. The transaction price shall be paid in two installments. Among them, within 5 working days after the formal acquisition agreement has come into effect and the transaction is approved by the internal authorities of both parties, Wingtech Technology shall pay OFILM Group 55% of the transaction price; the relevant government authority that completed the transaction approved (if involved) and the subject matter within 10 working days from the date of completion of the asset delivery, Wingtech Technology shall pay OFILM Group 45% of the transaction price. Wingtech Technology agrees to pay OFILM Group an intent gold of CNY 300 million as the "Intent Money". Within 5 working days after the signing of this agreement, Wingtech Technology shall remit the intention money to the escrow account agreed by both parties. The audit and evaluation base date for this transaction will be December 31, 2020. For the period ended September 30, 2020, Guangzhou Delta Imaging Technology Co., Ltd. has unaudited total assets of CNY 22 billion and unaudited net assets of CNY 1.5 billion. The transaction and its formal plan still need to perform necessary approval procedures in accordance with the "Articles of Association", "Shanghai Stock Exchange Stock Listing Rules" and other Chinese laws and regulations. On February 7, 2021, Wingtech Technology Co.,Ltd held the thirty-fourth meeting of the tenth Board of Directors and approved the transaction.