View Past PerformanceSun Create Electronics バランスシートの健全性財務の健全性 基準チェック /26Sun Create Electronicsの総株主資本はCN¥1.6B 、総負債はCN¥1.7Bで、負債比率は110.7%となります。総資産と総負債はそれぞれCN¥5.5BとCN¥3.9Bです。主要情報110.67%負債資本比率CN¥1.75b負債インタレスト・カバレッジ・レシオn/a現金CN¥213.89mエクイティCN¥1.58b負債合計CN¥3.92b総資産CN¥5.50b財務の健全性に関する最新情報分析記事 • Mar 25These 4 Measures Indicate That Sun Create Electronics (SHSE:600990) Is Using Debt ExtensivelyHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...すべての更新を表示Recent updatesReported Earnings • Apr 23Full year 2025 earnings released: CN¥1.39 loss per share (vs CN¥1.19 loss in FY 2024)Full year 2025 results: CN¥1.39 loss per share (further deteriorated from CN¥1.19 loss in FY 2024). Revenue: CN¥1.75b (up 8.9% from FY 2024). Net loss: CN¥288.1m (loss widened 17% from FY 2024). Over the last 3 years on average, earnings per share has fallen by 50% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.お知らせ • Apr 23Sun Create Electronics Co., Ltd, Annual General Meeting, May 28, 2026Sun Create Electronics Co., Ltd, Annual General Meeting, May 28, 2026, at 14:30 China Standard Time. Location: The Company's Meeting Room, Hefei, Anhui Chinaお知らせ • Mar 30Sun Create Electronics Co., Ltd to Report Q1, 2026 Results on Apr 29, 2026Sun Create Electronics Co., Ltd announced that they will report Q1, 2026 results on Apr 29, 2026New Risk • Feb 14New major risk - Revenue and earnings growthEarnings have declined by 60% 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 Risks Debt is not well covered by operating cash flow (11% operating cash flow to total debt). Earnings have declined by 60% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (8.5% average weekly change).お知らせ • Dec 26Sun Create Electronics Co., Ltd to Report Fiscal Year 2025 Results on Apr 23, 2026Sun Create Electronics Co., Ltd announced that they will report fiscal year 2025 results on Apr 23, 2026New Risk • Dec 19New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 7.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (11% operating cash flow to total debt). Minor Risk Share price has been volatile over the past 3 months (7.4% average weekly change).Board Change • Dec 08Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 11 experienced directors. No highly experienced directors. 4 independent directors (5 non-independent directors). Independent Director Zejiang Shen was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Reported Earnings • Oct 29Third quarter 2025 earnings released: CN¥0.17 loss per share (vs CN¥0.006 loss in 3Q 2024)Third quarter 2025 results: CN¥0.17 loss per share (further deteriorated from CN¥0.006 loss in 3Q 2024). Revenue: CN¥364.5m (down 19% from 3Q 2024). Net loss: CN¥46.8m (loss widened CN¥45.3m from 3Q 2024). Revenue is forecast to grow 20% p.a. on average during the next 3 years, compared to a 24% growth forecast for the Communications industry in China. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 74 percentage points per year, which is a significant difference in performance.お知らせ • Sep 30Sun Create Electronics Co., Ltd to Report Q3, 2025 Results on Oct 29, 2025Sun Create Electronics Co., Ltd announced that they will report Q3, 2025 results on Oct 29, 2025Board Change • Jul 26Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 8 experienced directors. No highly experienced directors. 3 independent directors (4 non-independent directors). Independent Director Zejiang Shen was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.New Risk • Jun 30New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Chinese stocks, typically moving 10.0% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (16% operating cash flow to total debt). Share price has been highly volatile over the past 3 months (10.0% average weekly change).お知らせ • Jun 30Sun Create Electronics Co., Ltd to Report First Half, 2025 Results on Aug 30, 2025Sun Create Electronics Co., Ltd announced that they will report first half, 2025 results on Aug 30, 2025New Risk • May 29New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 8.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (16% operating cash flow to total debt). Minor Risk Share price has been volatile over the past 3 months (8.4% average weekly change).Reported Earnings • May 05Full year 2024 earnings: EPS and revenues miss analyst expectationsFull year 2024 results: CN¥1.19 loss per share (improved from CN¥2.06 loss in FY 2023). Revenue: CN¥1.60b (down 17% from FY 2023). Net loss: CN¥245.9m (loss narrowed 56% from FY 2023). Revenue missed analyst estimates by 30%. Earnings per share (EPS) were also behind analyst expectations. Revenue is forecast to grow 29% p.a. on average during the next 2 years, compared to a 20% growth forecast for the Communications industry in China. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 102 percentage points per year, which is a significant difference in performance.New Risk • May 03New major risk - Revenue and earnings growthEarnings have declined by 64% 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 Risks Debt is not well covered by operating cash flow (12% operating cash flow to total debt). Earnings have declined by 64% per year over the past 5 years.Board Change • May 01Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 9 experienced directors. No highly experienced directors. Chairman Chengwei Zhang was the last director to join the board, commencing their role in 2023. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.お知らせ • Apr 30Sun Create Electronics Co., Ltd, Annual General Meeting, May 28, 2025Sun Create Electronics Co., Ltd, Annual General Meeting, May 28, 2025, at 14:30 China Standard Time. Location: The Company's Meeting Room, Hefei, Anhui Chinaお知らせ • Mar 28Sun Create Electronics Co., Ltd to Report Q1, 2025 Results on Apr 30, 2025Sun Create Electronics Co., Ltd announced that they will report Q1, 2025 results on Apr 30, 2025分析記事 • Mar 24Market Cool On Sun Create Electronics Co., Ltd's (SHSE:600990) RevenuesYou may think that with a price-to-sales (or "P/S") ratio of 2.9x Sun Create Electronics Co., Ltd ( SHSE:600990 ) is...Board Change • Jan 26Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 8 experienced directors. No highly experienced directors. GM & Director Xiaowei Ren was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.New Risk • Jan 10New 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 9.3% 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: Major Risk Debt is not well covered by operating cash flow (12% operating cash flow to total debt). Minor Risk Share price has been volatile over the past 3 months (9.3% average weekly change).お知らせ • Dec 27Sun Create Electronics Co., Ltd to Report Fiscal Year 2024 Results on Apr 30, 2025Sun Create Electronics Co., Ltd announced that they will report fiscal year 2024 results on Apr 30, 2025Reported Earnings • Oct 30Third quarter 2024 earnings released: CN¥0.006 loss per share (vs CN¥0.17 loss in 3Q 2023)Third quarter 2024 results: CN¥0.006 loss per share (improved from CN¥0.17 loss in 3Q 2023). Revenue: CN¥451.1m (up 34% from 3Q 2023). Net loss: CN¥1.49m (loss narrowed 97% from 3Q 2023). Revenue is forecast to grow 21% p.a. on average during the next 3 years, compared to a 21% growth forecast for the Communications industry in China. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 115 percentage points per year, which is a significant difference in performance.お知らせ • Sep 30Sun Create Electronics Co., Ltd to Report Q3, 2024 Results on Oct 30, 2024Sun Create Electronics Co., Ltd announced that they will report Q3, 2024 results on Oct 30, 2024分析記事 • Sep 28Sun Create Electronics Co., Ltd (SHSE:600990) Stock Catapults 26% Though Its Price And Business Still Lag The IndustrySun Create Electronics Co., Ltd ( SHSE:600990 ) shares have had a really impressive month, gaining 26% after a shaky...お知らせ • Jun 28Sun Create Electronics Co., Ltd to Report First Half, 2024 Results on Aug 24, 2024Sun Create Electronics Co., Ltd announced that they will report first half, 2024 results on Aug 24, 2024分析記事 • May 08Improved Revenues Required Before Sun Create Electronics Co., Ltd (SHSE:600990) Stock's 34% Jump Looks JustifiedSun Create Electronics Co., Ltd ( SHSE:600990 ) shares have continued their recent momentum with a 34% gain in the last...Buy Or Sell Opportunity • Apr 22Now 23% overvalued after recent price riseOver the last 90 days, the stock has risen 10% to CN¥17.47. The fair value is estimated to be CN¥14.17, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 21% over the last 3 years. Meanwhile, the company became loss making.お知らせ • Apr 21Sun Create Electronics Co., Ltd, Annual General Meeting, May 22, 2024Sun Create Electronics Co., Ltd, Annual General Meeting, May 22, 2024, at 14:00 China Standard Time. Location: The Company's Meeting Room, Hefei, Anhui ChinaReported Earnings • Apr 20Full year 2023 earnings: EPS and revenues miss analyst expectationsFull year 2023 results: CN¥2.06 loss per share (down from CN¥0.24 profit in FY 2022). Revenue: CN¥1.93b (down 29% from FY 2022). Net loss: CN¥553.2m (down CN¥619.3m from profit in FY 2022). Revenue missed analyst estimates by 24%. Earnings per share (EPS) were also behind analyst expectations. Revenue is forecast to grow 30% p.a. on average during the next 2 years, compared to a 23% growth forecast for the Communications industry in China. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 65 percentage points per year, which is a significant difference in performance.お知らせ • Mar 29Sun Create Electronics Co., Ltd to Report Q1, 2024 Results on Apr 27, 2024Sun Create Electronics Co., Ltd announced that they will report Q1, 2024 results on Apr 27, 2024New Risk • Mar 27New 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 9.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (0.04x net interest cover). Minor Risks Share price has been volatile over the past 3 months (9.8% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.2% net profit margin).分析記事 • Mar 25These 4 Measures Indicate That Sun Create Electronics (SHSE:600990) Is Using Debt ExtensivelyHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...分析記事 • Mar 06Sun Create Electronics Co., Ltd's (SHSE:600990) Shares Bounce 36% But Its Business Still Trails The IndustrySun Create Electronics Co., Ltd ( SHSE:600990 ) shareholders are no doubt pleased to see that the share price has...分析記事 • Feb 28The Returns On Capital At Sun Create Electronics (SHSE:600990) Don't Inspire ConfidenceIf we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...お知らせ • Dec 29Sun Create Electronics Co., Ltd to Report Fiscal Year 2023 Results on Apr 20, 2024Sun Create Electronics Co., Ltd announced that they will report fiscal year 2023 results on Apr 20, 2024Reported Earnings • Nov 01Third quarter 2023 earnings released: CN¥0.17 loss per share (vs CN¥0.025 loss in 3Q 2022)Third quarter 2023 results: CN¥0.17 loss per share (further deteriorated from CN¥0.025 loss in 3Q 2022). Revenue: CN¥338.0m (down 44% from 3Q 2022). Net loss: CN¥46.9m (loss widened CN¥40.4m from 3Q 2022). Revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 23% growth forecast for the Communications industry in China. Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings.New Risk • Aug 31New major risk - Financial positionThe company's interest payments are not well covered by earnings. Net interest cover: 1.4x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.4x net interest cover). Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (2.7% net profit margin).Reported Earnings • Aug 26Second quarter 2023 earnings released: EPS: CN¥0.22 (vs CN¥0.14 in 2Q 2022)Second quarter 2023 results: EPS: CN¥0.22. Revenue: CN¥528.4m (down 17% from 2Q 2022). Net income: CN¥29.2m (down 16% from 2Q 2022). Profit margin: 5.5% (in line with 2Q 2022). Revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Communications industry in China.お知らせ • Jun 28Sun Create Electronics Co., Ltd to Report First Half, 2023 Results on Aug 26, 2023Sun Create Electronics Co., Ltd announced that they will report first half, 2023 results on Aug 26, 2023Reported Earnings • Apr 29First quarter 2023 earnings released: CN¥0.33 loss per share (vs CN¥0.38 loss in 1Q 2022)First quarter 2023 results: CN¥0.33 loss per share (improved from CN¥0.38 loss in 1Q 2022). Revenue: CN¥210.9m (down 11% from 1Q 2022). Net loss: CN¥69.8m (loss narrowed 11% from 1Q 2022). Revenue is forecast to grow 36% p.a. on average during the next 2 years, compared to a 19% growth forecast for the Communications industry in China. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.Buying Opportunity • Apr 11Now 20% undervaluedOver the last 90 days, the stock is up 19%. The fair value is estimated to be CN¥42.90, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 6.2% over the last 3 years. Earnings per share has grown by 12%. Revenue is forecast to grow by 59% in 2 years. Earnings is forecast to grow by 100% in the next 2 years.Buying Opportunity • Mar 27Now 20% undervaluedOver the last 90 days, the stock is up 16%. The fair value is estimated to be CN¥43.21, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 6.2% over the last 3 years. Earnings per share has grown by 12%. Revenue is forecast to grow by 59% in 2 years. Earnings is forecast to grow by 100% in the next 2 years.Buying Opportunity • Mar 07Now 22% undervaluedThe stock has been flat over the last 90 days. The fair value is estimated to be CN¥43.39, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 6.2% over the last 3 years. Earnings per share has grown by 12%. Revenue is forecast to grow by 59% in 2 years. Earnings is forecast to grow by 100% in the next 2 years.Valuation Update With 7 Day Price Move • Nov 21Investor sentiment improved over the past weekAfter last week's 15% share price gain to CN¥32.18, the stock trades at a trailing P/E ratio of 40.7x. Average trailing P/E is 38x in the Communications industry in China. Total returns to shareholders of 1.4% over the past three years.Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 8 non-independent directors. Director & GM Xiaowei Ren was the last director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • Oct 30Third quarter 2022 earnings released: CN¥0.032 loss per share (vs CN¥0.11 profit in 3Q 2021)Third quarter 2022 results: CN¥0.032 loss per share (down from CN¥0.11 profit in 3Q 2021). Revenue: CN¥602.9m (down 3.6% from 3Q 2021). Net loss: CN¥6.50m (down 128% from profit in 3Q 2021). Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings.Board Change • Oct 21Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 10 experienced directors. No highly experienced directors. 3 independent directors (5 non-independent directors). Director Chuncheng Zhang was the last director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Reported Earnings • Aug 29Second quarter 2022 earnings released: EPS: CN¥0.34 (vs CN¥0.047 loss in 2Q 2021)Second quarter 2022 results: EPS: CN¥0.34 (up from CN¥0.047 loss in 2Q 2021). Revenue: CN¥634.0m (up 27% from 2Q 2021). Net income: CN¥34.8m (up CN¥44.5m from 2Q 2021). Profit margin: 5.5% (up from net loss in 2Q 2021). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings.Reported Earnings • Apr 27Full year 2021 earnings: EPS and revenues miss analyst expectationsFull year 2021 results: EPS: CN¥1.16 (up from CN¥1.07 in FY 2020). Revenue: CN¥3.14b (down 20% from FY 2020). Net income: CN¥183.9m (up 8.0% from FY 2020). Profit margin: 5.8% (up from 4.3% in FY 2020). Revenue missed analyst estimates by 25%. Earnings per share (EPS) also missed analyst estimates by 2.5%. Over the next year, revenue is forecast to grow 50%, compared to a 30% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has fallen by 13% per year whereas the company’s share price has fallen by 10% per year.Board Change • Apr 27Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 10 experienced directors. No highly experienced directors. 4 independent directors (6 non-independent directors). GM & Director Chuncheng Zhang was the last director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Valuation Update With 7 Day Price Move • Dec 06Investor sentiment improved over the past weekAfter last week's 16% share price gain to CN¥61.00, the stock trades at a forward P/E ratio of 45x. Average forward P/E is 33x in the Communications industry in China. Total returns to shareholders of 70% over the past three years.Reported Earnings • Oct 31Third quarter 2021 earnings released: EPS CN¥0.14 (vs CN¥0.32 loss in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: CN¥625.3m (up 76% from 3Q 2020). Net income: CN¥23.1m (up CN¥74.4m from 3Q 2020). Profit margin: 3.7% (up from net loss in 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings.Valuation Update With 7 Day Price Move • Oct 19Investor sentiment improved over the past weekAfter last week's 18% share price gain to CN¥45.59, the stock trades at a trailing P/E ratio of 52.9x. Average trailing P/E is 49x in the Communications industry in China. Total returns to shareholders of 16% over the past three years.Reported Earnings • Aug 24Second quarter 2021 earnings released: CN¥0.061 loss per share (vs CN¥0.23 profit in 2Q 2020)The company reported a poor second quarter result with weaker earnings, revenues and control over costs. Second quarter 2021 results: Revenue: CN¥500.9m (down 9.5% from 2Q 2020). Net loss: CN¥9.77m (down 126% from profit in 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.Reported Earnings • Apr 25Full year 2020 earnings released: EPS CN¥1.07 (vs CN¥0.70 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: CN¥3.94b (up 7.4% from FY 2019). Net income: CN¥170.3m (up 53% from FY 2019). Profit margin: 4.3% (up from 3.0% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 15% per year whereas the company’s share price has fallen by 12% per year.Is New 90 Day High Low • Dec 28New 90-day high: CN¥45.37The company is up 6.0% from its price of CN¥42.84 on 29 September 2020. The Chinese market is also up 6.0% over the last 90 days, indicating the company’s price trend is similar to the market over that time. However, it outperformed the Communications industry, which is down 7.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥2.63 per share.Is New 90 Day High Low • Oct 30New 90-day low: CN¥38.80The company is down 14% from its price of CN¥45.20 on 31 July 2020. The Chinese market is down 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Communications industry, which is down 9.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥2.45 per share.Reported Earnings • Oct 29Third quarter earnings releasedOver the last 12 months the company has reported total profits of CN¥108.2m, down 43% from the prior year. Total revenue was CN¥3.21b over the last 12 months, down 32% from the prior year.お知らせ • Jul 17Anhui Sun Create Electronics Co., Ltd to Report First Half, 2020 Results on Aug 29, 2020Anhui Sun Create Electronics Co., Ltd announced that they will report first half, 2020 results on Aug 29, 2020財務状況分析短期負債: 600990の 短期資産 ( CN¥3.6B ) が 短期負債 ( CN¥3.2B ) を超えています。長期負債: 600990の短期資産 ( CN¥3.6B ) が 長期負債 ( CN¥730.8M ) を上回っています。デット・ツー・エクイティの歴史と分析負債レベル: 600990の 純負債対資本比率 ( 97.1% ) は 高い と見なされます。負債の削減: 600990の負債対資本比率は、過去 5 年間で75.8%から110.7%に増加しました。債務返済能力: 600990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せん ( 8.5% )。インタレストカバレッジ: 600990の負債に対する 利息支払い が EBIT によって 十分にカバーされている かどうかを判断するにはデータが不十分です。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2026/05/21 09:33終値2026/05/21 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Sun Create Electronics Co., Ltd 0 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。9 アナリスト機関Huiwei YinChina International Capital Corporation LimitedChenshuo FuCitic Securities Co., Ltd.Zhou LuEverbright Securities Co. Ltd.6 その他のアナリストを表示
分析記事 • Mar 25These 4 Measures Indicate That Sun Create Electronics (SHSE:600990) Is Using Debt ExtensivelyHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Reported Earnings • Apr 23Full year 2025 earnings released: CN¥1.39 loss per share (vs CN¥1.19 loss in FY 2024)Full year 2025 results: CN¥1.39 loss per share (further deteriorated from CN¥1.19 loss in FY 2024). Revenue: CN¥1.75b (up 8.9% from FY 2024). Net loss: CN¥288.1m (loss widened 17% from FY 2024). Over the last 3 years on average, earnings per share has fallen by 50% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.
お知らせ • Apr 23Sun Create Electronics Co., Ltd, Annual General Meeting, May 28, 2026Sun Create Electronics Co., Ltd, Annual General Meeting, May 28, 2026, at 14:30 China Standard Time. Location: The Company's Meeting Room, Hefei, Anhui China
お知らせ • Mar 30Sun Create Electronics Co., Ltd to Report Q1, 2026 Results on Apr 29, 2026Sun Create Electronics Co., Ltd announced that they will report Q1, 2026 results on Apr 29, 2026
New Risk • Feb 14New major risk - Revenue and earnings growthEarnings have declined by 60% 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 Risks Debt is not well covered by operating cash flow (11% operating cash flow to total debt). Earnings have declined by 60% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (8.5% average weekly change).
お知らせ • Dec 26Sun Create Electronics Co., Ltd to Report Fiscal Year 2025 Results on Apr 23, 2026Sun Create Electronics Co., Ltd announced that they will report fiscal year 2025 results on Apr 23, 2026
New Risk • Dec 19New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 7.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (11% operating cash flow to total debt). Minor Risk Share price has been volatile over the past 3 months (7.4% average weekly change).
Board Change • Dec 08Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 11 experienced directors. No highly experienced directors. 4 independent directors (5 non-independent directors). Independent Director Zejiang Shen was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Reported Earnings • Oct 29Third quarter 2025 earnings released: CN¥0.17 loss per share (vs CN¥0.006 loss in 3Q 2024)Third quarter 2025 results: CN¥0.17 loss per share (further deteriorated from CN¥0.006 loss in 3Q 2024). Revenue: CN¥364.5m (down 19% from 3Q 2024). Net loss: CN¥46.8m (loss widened CN¥45.3m from 3Q 2024). Revenue is forecast to grow 20% p.a. on average during the next 3 years, compared to a 24% growth forecast for the Communications industry in China. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 74 percentage points per year, which is a significant difference in performance.
お知らせ • Sep 30Sun Create Electronics Co., Ltd to Report Q3, 2025 Results on Oct 29, 2025Sun Create Electronics Co., Ltd announced that they will report Q3, 2025 results on Oct 29, 2025
Board Change • Jul 26Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 8 experienced directors. No highly experienced directors. 3 independent directors (4 non-independent directors). Independent Director Zejiang Shen was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
New Risk • Jun 30New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Chinese stocks, typically moving 10.0% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (16% operating cash flow to total debt). Share price has been highly volatile over the past 3 months (10.0% average weekly change).
お知らせ • Jun 30Sun Create Electronics Co., Ltd to Report First Half, 2025 Results on Aug 30, 2025Sun Create Electronics Co., Ltd announced that they will report first half, 2025 results on Aug 30, 2025
New Risk • May 29New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 8.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (16% operating cash flow to total debt). Minor Risk Share price has been volatile over the past 3 months (8.4% average weekly change).
Reported Earnings • May 05Full year 2024 earnings: EPS and revenues miss analyst expectationsFull year 2024 results: CN¥1.19 loss per share (improved from CN¥2.06 loss in FY 2023). Revenue: CN¥1.60b (down 17% from FY 2023). Net loss: CN¥245.9m (loss narrowed 56% from FY 2023). Revenue missed analyst estimates by 30%. Earnings per share (EPS) were also behind analyst expectations. Revenue is forecast to grow 29% p.a. on average during the next 2 years, compared to a 20% growth forecast for the Communications industry in China. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 102 percentage points per year, which is a significant difference in performance.
New Risk • May 03New major risk - Revenue and earnings growthEarnings have declined by 64% 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 Risks Debt is not well covered by operating cash flow (12% operating cash flow to total debt). Earnings have declined by 64% per year over the past 5 years.
Board Change • May 01Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 9 experienced directors. No highly experienced directors. Chairman Chengwei Zhang was the last director to join the board, commencing their role in 2023. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
お知らせ • Apr 30Sun Create Electronics Co., Ltd, Annual General Meeting, May 28, 2025Sun Create Electronics Co., Ltd, Annual General Meeting, May 28, 2025, at 14:30 China Standard Time. Location: The Company's Meeting Room, Hefei, Anhui China
お知らせ • Mar 28Sun Create Electronics Co., Ltd to Report Q1, 2025 Results on Apr 30, 2025Sun Create Electronics Co., Ltd announced that they will report Q1, 2025 results on Apr 30, 2025
分析記事 • Mar 24Market Cool On Sun Create Electronics Co., Ltd's (SHSE:600990) RevenuesYou may think that with a price-to-sales (or "P/S") ratio of 2.9x Sun Create Electronics Co., Ltd ( SHSE:600990 ) is...
Board Change • Jan 26Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 8 experienced directors. No highly experienced directors. GM & Director Xiaowei Ren was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
New Risk • Jan 10New 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 9.3% 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: Major Risk Debt is not well covered by operating cash flow (12% operating cash flow to total debt). Minor Risk Share price has been volatile over the past 3 months (9.3% average weekly change).
お知らせ • Dec 27Sun Create Electronics Co., Ltd to Report Fiscal Year 2024 Results on Apr 30, 2025Sun Create Electronics Co., Ltd announced that they will report fiscal year 2024 results on Apr 30, 2025
Reported Earnings • Oct 30Third quarter 2024 earnings released: CN¥0.006 loss per share (vs CN¥0.17 loss in 3Q 2023)Third quarter 2024 results: CN¥0.006 loss per share (improved from CN¥0.17 loss in 3Q 2023). Revenue: CN¥451.1m (up 34% from 3Q 2023). Net loss: CN¥1.49m (loss narrowed 97% from 3Q 2023). Revenue is forecast to grow 21% p.a. on average during the next 3 years, compared to a 21% growth forecast for the Communications industry in China. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 115 percentage points per year, which is a significant difference in performance.
お知らせ • Sep 30Sun Create Electronics Co., Ltd to Report Q3, 2024 Results on Oct 30, 2024Sun Create Electronics Co., Ltd announced that they will report Q3, 2024 results on Oct 30, 2024
分析記事 • Sep 28Sun Create Electronics Co., Ltd (SHSE:600990) Stock Catapults 26% Though Its Price And Business Still Lag The IndustrySun Create Electronics Co., Ltd ( SHSE:600990 ) shares have had a really impressive month, gaining 26% after a shaky...
お知らせ • Jun 28Sun Create Electronics Co., Ltd to Report First Half, 2024 Results on Aug 24, 2024Sun Create Electronics Co., Ltd announced that they will report first half, 2024 results on Aug 24, 2024
分析記事 • May 08Improved Revenues Required Before Sun Create Electronics Co., Ltd (SHSE:600990) Stock's 34% Jump Looks JustifiedSun Create Electronics Co., Ltd ( SHSE:600990 ) shares have continued their recent momentum with a 34% gain in the last...
Buy Or Sell Opportunity • Apr 22Now 23% overvalued after recent price riseOver the last 90 days, the stock has risen 10% to CN¥17.47. The fair value is estimated to be CN¥14.17, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 21% over the last 3 years. Meanwhile, the company became loss making.
お知らせ • Apr 21Sun Create Electronics Co., Ltd, Annual General Meeting, May 22, 2024Sun Create Electronics Co., Ltd, Annual General Meeting, May 22, 2024, at 14:00 China Standard Time. Location: The Company's Meeting Room, Hefei, Anhui China
Reported Earnings • Apr 20Full year 2023 earnings: EPS and revenues miss analyst expectationsFull year 2023 results: CN¥2.06 loss per share (down from CN¥0.24 profit in FY 2022). Revenue: CN¥1.93b (down 29% from FY 2022). Net loss: CN¥553.2m (down CN¥619.3m from profit in FY 2022). Revenue missed analyst estimates by 24%. Earnings per share (EPS) were also behind analyst expectations. Revenue is forecast to grow 30% p.a. on average during the next 2 years, compared to a 23% growth forecast for the Communications industry in China. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 65 percentage points per year, which is a significant difference in performance.
お知らせ • Mar 29Sun Create Electronics Co., Ltd to Report Q1, 2024 Results on Apr 27, 2024Sun Create Electronics Co., Ltd announced that they will report Q1, 2024 results on Apr 27, 2024
New Risk • Mar 27New 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 9.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (0.04x net interest cover). Minor Risks Share price has been volatile over the past 3 months (9.8% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.2% net profit margin).
分析記事 • Mar 25These 4 Measures Indicate That Sun Create Electronics (SHSE:600990) Is Using Debt ExtensivelyHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
分析記事 • Mar 06Sun Create Electronics Co., Ltd's (SHSE:600990) Shares Bounce 36% But Its Business Still Trails The IndustrySun Create Electronics Co., Ltd ( SHSE:600990 ) shareholders are no doubt pleased to see that the share price has...
分析記事 • Feb 28The Returns On Capital At Sun Create Electronics (SHSE:600990) Don't Inspire ConfidenceIf we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
お知らせ • Dec 29Sun Create Electronics Co., Ltd to Report Fiscal Year 2023 Results on Apr 20, 2024Sun Create Electronics Co., Ltd announced that they will report fiscal year 2023 results on Apr 20, 2024
Reported Earnings • Nov 01Third quarter 2023 earnings released: CN¥0.17 loss per share (vs CN¥0.025 loss in 3Q 2022)Third quarter 2023 results: CN¥0.17 loss per share (further deteriorated from CN¥0.025 loss in 3Q 2022). Revenue: CN¥338.0m (down 44% from 3Q 2022). Net loss: CN¥46.9m (loss widened CN¥40.4m from 3Q 2022). Revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 23% growth forecast for the Communications industry in China. Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings.
New Risk • Aug 31New major risk - Financial positionThe company's interest payments are not well covered by earnings. Net interest cover: 1.4x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.4x net interest cover). Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (2.7% net profit margin).
Reported Earnings • Aug 26Second quarter 2023 earnings released: EPS: CN¥0.22 (vs CN¥0.14 in 2Q 2022)Second quarter 2023 results: EPS: CN¥0.22. Revenue: CN¥528.4m (down 17% from 2Q 2022). Net income: CN¥29.2m (down 16% from 2Q 2022). Profit margin: 5.5% (in line with 2Q 2022). Revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Communications industry in China.
お知らせ • Jun 28Sun Create Electronics Co., Ltd to Report First Half, 2023 Results on Aug 26, 2023Sun Create Electronics Co., Ltd announced that they will report first half, 2023 results on Aug 26, 2023
Reported Earnings • Apr 29First quarter 2023 earnings released: CN¥0.33 loss per share (vs CN¥0.38 loss in 1Q 2022)First quarter 2023 results: CN¥0.33 loss per share (improved from CN¥0.38 loss in 1Q 2022). Revenue: CN¥210.9m (down 11% from 1Q 2022). Net loss: CN¥69.8m (loss narrowed 11% from 1Q 2022). Revenue is forecast to grow 36% p.a. on average during the next 2 years, compared to a 19% growth forecast for the Communications industry in China. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.
Buying Opportunity • Apr 11Now 20% undervaluedOver the last 90 days, the stock is up 19%. The fair value is estimated to be CN¥42.90, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 6.2% over the last 3 years. Earnings per share has grown by 12%. Revenue is forecast to grow by 59% in 2 years. Earnings is forecast to grow by 100% in the next 2 years.
Buying Opportunity • Mar 27Now 20% undervaluedOver the last 90 days, the stock is up 16%. The fair value is estimated to be CN¥43.21, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 6.2% over the last 3 years. Earnings per share has grown by 12%. Revenue is forecast to grow by 59% in 2 years. Earnings is forecast to grow by 100% in the next 2 years.
Buying Opportunity • Mar 07Now 22% undervaluedThe stock has been flat over the last 90 days. The fair value is estimated to be CN¥43.39, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 6.2% over the last 3 years. Earnings per share has grown by 12%. Revenue is forecast to grow by 59% in 2 years. Earnings is forecast to grow by 100% in the next 2 years.
Valuation Update With 7 Day Price Move • Nov 21Investor sentiment improved over the past weekAfter last week's 15% share price gain to CN¥32.18, the stock trades at a trailing P/E ratio of 40.7x. Average trailing P/E is 38x in the Communications industry in China. Total returns to shareholders of 1.4% over the past three years.
Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 8 non-independent directors. Director & GM Xiaowei Ren was the last director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • Oct 30Third quarter 2022 earnings released: CN¥0.032 loss per share (vs CN¥0.11 profit in 3Q 2021)Third quarter 2022 results: CN¥0.032 loss per share (down from CN¥0.11 profit in 3Q 2021). Revenue: CN¥602.9m (down 3.6% from 3Q 2021). Net loss: CN¥6.50m (down 128% from profit in 3Q 2021). Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings.
Board Change • Oct 21Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 10 experienced directors. No highly experienced directors. 3 independent directors (5 non-independent directors). Director Chuncheng Zhang was the last director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Reported Earnings • Aug 29Second quarter 2022 earnings released: EPS: CN¥0.34 (vs CN¥0.047 loss in 2Q 2021)Second quarter 2022 results: EPS: CN¥0.34 (up from CN¥0.047 loss in 2Q 2021). Revenue: CN¥634.0m (up 27% from 2Q 2021). Net income: CN¥34.8m (up CN¥44.5m from 2Q 2021). Profit margin: 5.5% (up from net loss in 2Q 2021). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings.
Reported Earnings • Apr 27Full year 2021 earnings: EPS and revenues miss analyst expectationsFull year 2021 results: EPS: CN¥1.16 (up from CN¥1.07 in FY 2020). Revenue: CN¥3.14b (down 20% from FY 2020). Net income: CN¥183.9m (up 8.0% from FY 2020). Profit margin: 5.8% (up from 4.3% in FY 2020). Revenue missed analyst estimates by 25%. Earnings per share (EPS) also missed analyst estimates by 2.5%. Over the next year, revenue is forecast to grow 50%, compared to a 30% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has fallen by 13% per year whereas the company’s share price has fallen by 10% per year.
Board Change • Apr 27Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 10 experienced directors. No highly experienced directors. 4 independent directors (6 non-independent directors). GM & Director Chuncheng Zhang was the last director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Valuation Update With 7 Day Price Move • Dec 06Investor sentiment improved over the past weekAfter last week's 16% share price gain to CN¥61.00, the stock trades at a forward P/E ratio of 45x. Average forward P/E is 33x in the Communications industry in China. Total returns to shareholders of 70% over the past three years.
Reported Earnings • Oct 31Third quarter 2021 earnings released: EPS CN¥0.14 (vs CN¥0.32 loss in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: CN¥625.3m (up 76% from 3Q 2020). Net income: CN¥23.1m (up CN¥74.4m from 3Q 2020). Profit margin: 3.7% (up from net loss in 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings.
Valuation Update With 7 Day Price Move • Oct 19Investor sentiment improved over the past weekAfter last week's 18% share price gain to CN¥45.59, the stock trades at a trailing P/E ratio of 52.9x. Average trailing P/E is 49x in the Communications industry in China. Total returns to shareholders of 16% over the past three years.
Reported Earnings • Aug 24Second quarter 2021 earnings released: CN¥0.061 loss per share (vs CN¥0.23 profit in 2Q 2020)The company reported a poor second quarter result with weaker earnings, revenues and control over costs. Second quarter 2021 results: Revenue: CN¥500.9m (down 9.5% from 2Q 2020). Net loss: CN¥9.77m (down 126% from profit in 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.
Reported Earnings • Apr 25Full year 2020 earnings released: EPS CN¥1.07 (vs CN¥0.70 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: CN¥3.94b (up 7.4% from FY 2019). Net income: CN¥170.3m (up 53% from FY 2019). Profit margin: 4.3% (up from 3.0% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 15% per year whereas the company’s share price has fallen by 12% per year.
Is New 90 Day High Low • Dec 28New 90-day high: CN¥45.37The company is up 6.0% from its price of CN¥42.84 on 29 September 2020. The Chinese market is also up 6.0% over the last 90 days, indicating the company’s price trend is similar to the market over that time. However, it outperformed the Communications industry, which is down 7.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥2.63 per share.
Is New 90 Day High Low • Oct 30New 90-day low: CN¥38.80The company is down 14% from its price of CN¥45.20 on 31 July 2020. The Chinese market is down 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Communications industry, which is down 9.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥2.45 per share.
Reported Earnings • Oct 29Third quarter earnings releasedOver the last 12 months the company has reported total profits of CN¥108.2m, down 43% from the prior year. Total revenue was CN¥3.21b over the last 12 months, down 32% from the prior year.
お知らせ • Jul 17Anhui Sun Create Electronics Co., Ltd to Report First Half, 2020 Results on Aug 29, 2020Anhui Sun Create Electronics Co., Ltd announced that they will report first half, 2020 results on Aug 29, 2020