View Financial HealthNingbo TechmationLtd 配当と自社株買い配当金 基準チェック /36Ningbo TechmationLtd配当を支払う会社であり、現在の利回りは0.39%で、収益によって十分にカバーされています。主要情報0.4%配当利回りn/aバイバック利回り総株主利回りn/a将来の配当利回りn/a配当成長1.2%次回配当支払日n/a配当落ち日n/a一株当たり配当金n/a配当性向42%最近の配当と自社株買いの更新Declared Dividend • May 29Dividend reduced to CN¥0.05Dividend of CN¥0.05 is 67% lower than last year. Ex-date: 4th June 2025 Payment date: 4th June 2025 Dividend yield will be 0.4%, which is lower than the industry average of 1.8%. Sustainability & Growth Dividend is well covered by both earnings (28% earnings payout ratio) and cash flows (22% cash payout ratio). The dividend has remained flat since 10 years ago. However, payments have been volatile during that time. Earnings per share has grown by 17% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.Declared Dividend • May 31Dividend of CN¥0.15 announcedShareholders will receive a dividend of CN¥0.15. Ex-date: 5th June 2024 Payment date: 5th June 2024 Dividend yield will be 1.8%, which is about the same as the industry average. Sustainability & Growth Dividend is covered by both earnings (82% earnings payout ratio) and cash flows (46% cash payout ratio). The dividend has increased by an average of 13% per year over the past 9 years. However, payments have been volatile during that time. Earnings per share has grown by 12% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.すべての更新を表示Recent updatesお知らせ • Apr 29Ningbo Techmation Co.,Ltd., Annual General Meeting, May 19, 2026Ningbo Techmation Co.,Ltd., Annual General Meeting, May 19, 2026, at 14:00 China Standard Time. Location: 2F, No. 88, Dagang 5th Road, Beilun District, Ningbo, Zhejiang ChinaReported Earnings • Apr 29Full year 2025 earnings released: EPS: CN¥0.11 (vs CN¥0.16 in FY 2024)Full year 2025 results: EPS: CN¥0.11 (down from CN¥0.16 in FY 2024). Revenue: CN¥829.0m (down 1.7% from FY 2024). Net income: CN¥42.9m (down 33% from FY 2024). Profit margin: 5.2% (down from 7.6% in FY 2024). Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has increased by 15% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Mar 30Ningbo Techmation Co.,Ltd. to Report Q1, 2026 Results on Apr 29, 2026Ningbo Techmation Co.,Ltd. announced that they will report Q1, 2026 results on Apr 29, 2026New Risk • Mar 23New minor risk - Dividend sustainabilityThe company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 0.4% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 6.0% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (9.3% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (5.8% net profit margin).New Risk • Jan 09New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 7.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 6.0% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (7.2% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (5.8% net profit margin).お知らせ • Dec 26Ningbo Techmation Co.,Ltd. to Report Fiscal Year 2025 Results on Apr 29, 2026Ningbo Techmation Co.,Ltd. announced that they will report fiscal year 2025 results on Apr 29, 2026Reported Earnings • Oct 28Third quarter 2025 earnings released: EPS: CN¥0.01 (vs CN¥0.031 in 3Q 2024)Third quarter 2025 results: EPS: CN¥0.01 (down from CN¥0.031 in 3Q 2024). Revenue: CN¥172.8m (down 19% from 3Q 2024). Net income: CN¥3.82m (down 72% from 3Q 2024). Profit margin: 2.2% (down from 6.3% in 3Q 2024). Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has increased by 20% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Sep 30Ningbo Techmation Co.,Ltd. to Report Q3, 2025 Results on Oct 28, 2025Ningbo Techmation Co.,Ltd. announced that they will report Q3, 2025 results on Oct 28, 2025New Risk • Sep 18New minor risk - Dividend sustainabilityThe company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 0.4% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. This is currently the only risk that has been identified for the company.お知らせ • Jun 30Ningbo Techmation Co.,Ltd. to Report First Half, 2025 Results on Aug 26, 2025Ningbo Techmation Co.,Ltd. announced that they will report first half, 2025 results on Aug 26, 2025Declared Dividend • May 29Dividend reduced to CN¥0.05Dividend of CN¥0.05 is 67% lower than last year. Ex-date: 4th June 2025 Payment date: 4th June 2025 Dividend yield will be 0.4%, which is lower than the industry average of 1.8%. Sustainability & Growth Dividend is well covered by both earnings (28% earnings payout ratio) and cash flows (22% cash payout ratio). The dividend has remained flat since 10 years ago. However, payments have been volatile during that time. Earnings per share has grown by 17% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.Reported Earnings • Apr 24Full year 2024 earnings released: EPS: CN¥0.16 (vs CN¥0.16 in FY 2023)Full year 2024 results: EPS: CN¥0.16 (in line with FY 2023). Revenue: CN¥843.2m (up 17% from FY 2023). Net income: CN¥63.8m (flat on FY 2023). Profit margin: 7.6% (down from 8.9% in FY 2023). Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has increased by 33% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Apr 23Ningbo Techmation Co.,Ltd., Annual General Meeting, May 16, 2025Ningbo Techmation Co.,Ltd., Annual General Meeting, May 16, 2025, at 10:00 China Standard Time. Location: 2F, No. 88, Dagang 5th Road, Beilun District, Ningbo, Zhejiang ChinaValuation Update With 7 Day Price Move • Apr 08Investor sentiment deteriorates as stock falls 23%After last week's 23% share price decline to CN¥11.64, the stock trades at a trailing P/E ratio of 58.8x. Average trailing P/E is 42x in the Electronic industry in China. Total returns to shareholders of 97% over the past three years.お知らせ • Mar 28Ningbo Techmation Co.,Ltd. to Report Q1, 2025 Results on Apr 23, 2025Ningbo Techmation Co.,Ltd. announced that they will report Q1, 2025 results on Apr 23, 2025分析記事 • Mar 01Returns On Capital Are Showing Encouraging Signs At Ningbo TechmationLtd (SHSE:603015)If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Firstly, we'd...分析記事 • Feb 05Subdued Growth No Barrier To Ningbo Techmation Co.,Ltd. (SHSE:603015) With Shares Advancing 30%Despite an already strong run, Ningbo Techmation Co.,Ltd. ( SHSE:603015 ) shares have been powering on, with a gain of...Valuation Update With 7 Day Price Move • Jan 09Investor sentiment improves as stock rises 23%After last week's 23% share price gain to CN¥11.99, the stock trades at a trailing P/E ratio of 60.6x. Average trailing P/E is 45x in the Electronic industry in China. Total returns to shareholders of 62% over the past three years.分析記事 • Jan 04These 4 Measures Indicate That Ningbo TechmationLtd (SHSE:603015) Is Using Debt SafelySome 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 27Ningbo Techmation Co.,Ltd. to Report Fiscal Year 2024 Results on Apr 30, 2025Ningbo Techmation Co.,Ltd. announced that they will report fiscal year 2024 results on Apr 30, 2025New Risk • Dec 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 11% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by cash flows (103% cash payout ratio). Share price has been volatile over the past 3 months (11% average weekly change). Large one-off items impacting financial results.Valuation Update With 7 Day Price Move • Dec 10Investor sentiment improves as stock rises 20%After last week's 20% share price gain to CN¥13.38, the stock trades at a trailing P/E ratio of 67.6x. Average trailing P/E is 49x in the Electronic industry in China. Total returns to shareholders of 87% over the past three years.分析記事 • Nov 21What Ningbo Techmation Co.,Ltd.'s (SHSE:603015) 30% Share Price Gain Is Not Telling YouDespite an already strong run, Ningbo Techmation Co.,Ltd. ( SHSE:603015 ) shares have been powering on, with a gain of...Valuation Update With 7 Day Price Move • Nov 21Investor sentiment improves as stock rises 27%After last week's 27% share price gain to CN¥10.62, the stock trades at a trailing P/E ratio of 53.7x. Average trailing P/E is 48x in the Electronic industry in China. Total returns to shareholders of 37% over the past three years.分析記事 • Nov 04Ningbo TechmationLtd's (SHSE:603015) Earnings Are Of Questionable QualityDespite posting some strong earnings, the market for Ningbo Techmation Co.,Ltd.'s ( SHSE:603015 ) stock hasn't moved...New Risk • Oct 28New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 39% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by cash flows (103% cash payout ratio). Large one-off items impacting financial results.Reported Earnings • Oct 28Third quarter 2024 earnings released: EPS: CN¥0.031 (vs CN¥0.019 in 3Q 2023)Third quarter 2024 results: EPS: CN¥0.031 (up from CN¥0.019 in 3Q 2023). Revenue: CN¥213.8m (up 42% from 3Q 2023). Net income: CN¥13.5m (up 80% from 3Q 2023). Profit margin: 6.3% (up from 5.0% in 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.お知らせ • Sep 30Ningbo Techmation Co.,Ltd. to Report Q3, 2024 Results on Oct 28, 2024Ningbo Techmation Co.,Ltd. announced that they will report Q3, 2024 results on Oct 28, 2024Valuation Update With 7 Day Price Move • Sep 30Investor sentiment improves as stock rises 22%After last week's 22% share price gain to CN¥7.87, the stock trades at a trailing P/E ratio of 43x. Average trailing P/E is 38x in the Electronic industry in China. Total returns to shareholders of 13% over the past three years.分析記事 • Sep 30Ningbo TechmationLtd (SHSE:603015) Is Doing The Right Things To Multiply Its Share PriceTo find a multi-bagger stock, what are the underlying trends we should look for in a business? Typically, we'll want to...Reported Earnings • Aug 22Second quarter 2024 earnings released: EPS: CN¥0.051 (vs CN¥0.041 in 2Q 2023)Second quarter 2024 results: EPS: CN¥0.051 (up from CN¥0.041 in 2Q 2023). Revenue: CN¥253.1m (up 18% from 2Q 2023). Net income: CN¥19.1m (up 14% from 2Q 2023). Profit margin: 7.5% (down from 7.8% in 2Q 2023). 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 10% per year.お知らせ • Jun 28Ningbo Techmation Co.,Ltd. to Report First Half, 2024 Results on Aug 22, 2024Ningbo Techmation Co.,Ltd. announced that they will report first half, 2024 results on Aug 22, 2024Valuation Update With 7 Day Price Move • Jun 06Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to CN¥6.92, the stock trades at a trailing P/E ratio of 39x. Average trailing P/E is 41x in the Electronic industry in China. Total returns to shareholders of 14% over the past three years.Declared Dividend • May 31Dividend of CN¥0.15 announcedShareholders will receive a dividend of CN¥0.15. Ex-date: 5th June 2024 Payment date: 5th June 2024 Dividend yield will be 1.8%, which is about the same as the industry average. Sustainability & Growth Dividend is covered by both earnings (82% earnings payout ratio) and cash flows (46% cash payout ratio). The dividend has increased by an average of 13% per year over the past 9 years. However, payments have been volatile during that time. Earnings per share has grown by 12% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.分析記事 • Apr 30Statutory Profit Doesn't Reflect How Good Ningbo TechmationLtd's (SHSE:603015) Earnings AreNingbo Techmation Co.,Ltd. ( SHSE:603015 ) recently posted some strong earnings, and the market responded positively...お知らせ • Apr 24Ningbo Techmation Co.,Ltd., Annual General Meeting, May 17, 2024Ningbo Techmation Co.,Ltd., Annual General Meeting, May 17, 2024, at 10:00 China Standard Time. Location: 2F, No. 88, Dagang 5th Road, Beilun District, Ningbo, Zhejiang ChinaReported Earnings • Apr 24Full year 2023 earnings released: EPS: CN¥0.16 (vs CN¥0.12 in FY 2022)Full year 2023 results: EPS: CN¥0.16 (up from CN¥0.12 in FY 2022). Revenue: CN¥721.4m (down 1.6% from FY 2022). Net income: CN¥64.0m (up 34% from FY 2022). Profit margin: 8.9% (up from 6.5% in FY 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 23% 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 • Apr 16Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to CN¥6.33, the stock trades at a trailing P/E ratio of 67.7x. Average trailing P/E is 37x in the Electronic industry in China. Total returns to shareholders of 9.9% over the past three years.お知らせ • Mar 30Ningbo Techmation Co.,Ltd. to Report Q1, 2024 Results on Apr 24, 2024Ningbo Techmation Co.,Ltd. announced that they will report Q1, 2024 results on Apr 24, 2024分析記事 • Feb 27Ningbo Techmation Co.,Ltd.'s (SHSE:603015) Shareholders Might Be Looking For ExitWhen close to half the companies in the Electronic industry in China have price-to-sales ratios (or "P/S") below 3.7x...Valuation Update With 7 Day Price Move • Feb 01Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to CN¥6.86, the stock trades at a trailing P/E ratio of 73.4x. Average trailing P/E is 34x in the Electronic industry in China. Total returns to shareholders of 33% over the past three years.お知らせ • Dec 29Ningbo Techmation Co.,Ltd. to Report Fiscal Year 2023 Results on Apr 25, 2024Ningbo Techmation Co.,Ltd. announced that they will report fiscal year 2023 results on Apr 25, 2024New Risk • Nov 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 6.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (6.3% average weekly change). Large one-off items impacting financial results.Reported Earnings • Oct 29Third quarter 2023 earnings released: EPS: CN¥0.019 (vs CN¥0.021 in 3Q 2022)Third quarter 2023 results: EPS: CN¥0.019 (down from CN¥0.021 in 3Q 2022). Revenue: CN¥150.3m (down 2.5% from 3Q 2022). Net income: CN¥7.50m (down 10% from 3Q 2022). Profit margin: 5.0% (down from 5.4% in 3Q 2022). Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.お知らせ • Sep 30Ningbo Techmation Co.,Ltd. to Report Q3, 2023 Results on Oct 28, 2023Ningbo Techmation Co.,Ltd. announced that they will report Q3, 2023 results at 3:00 PM, China Standard Time on Oct 28, 2023Reported Earnings • Aug 23Second quarter 2023 earnings released: EPS: CN¥0.041 (vs CN¥0.05 in 2Q 2022)Second quarter 2023 results: EPS: CN¥0.041 (down from CN¥0.05 in 2Q 2022). Revenue: CN¥215.3m (down 2.2% from 2Q 2022). Net income: CN¥16.8m (down 15% from 2Q 2022). Profit margin: 7.8% (down from 9.0% in 2Q 2022). Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings.お知らせ • Jun 28Ningbo Techmation Co.,Ltd. to Report First Half, 2023 Results on Aug 22, 2023Ningbo Techmation Co.,Ltd. announced that they will report first half, 2023 results on Aug 22, 2023New Risk • Jun 25New 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 6.8% 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: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (6.8% average weekly change). Large one-off items impacting financial results.Reported Earnings • Apr 26Full year 2022 earnings released: EPS: CN¥0.12 (vs CN¥0.22 in FY 2021)Full year 2022 results: EPS: CN¥0.12 (down from CN¥0.22 in FY 2021). Revenue: CN¥733.0m (down 22% from FY 2021). Net income: CN¥47.7m (down 46% from FY 2021). Profit margin: 6.5% (down from 9.5% in FY 2021). Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.Board Change • Nov 16Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 12 experienced directors. No highly experienced directors. 5 independent directors (6 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Reported Earnings • Oct 28Third quarter 2022 earnings released: EPS: CN¥0.021 (vs CN¥0.051 in 3Q 2021)Third quarter 2022 results: EPS: CN¥0.021 (down from CN¥0.051 in 3Q 2021). Revenue: CN¥154.2m (down 31% from 3Q 2021). Net income: CN¥8.34m (down 60% from 3Q 2021). Profit margin: 5.4% (down from 9.4% in 3Q 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Aug 31Investor sentiment deteriorated over the past weekAfter last week's 18% share price decline to CN¥8.15, the stock trades at a trailing P/E ratio of 50.8x. Average trailing P/E is 35x in the Electronic industry in China. Total returns to shareholders of 29% over the past three years.Reported Earnings • Aug 26Second quarter 2022 earnings released: EPS: CN¥0.05 (vs CN¥0.08 in 2Q 2021)Second quarter 2022 results: EPS: CN¥0.05 (down from CN¥0.08 in 2Q 2021). Revenue: CN¥220.1m (down 19% from 2Q 2021). Net income: CN¥19.7m (down 36% from 2Q 2021). Profit margin: 9.0% (down from 11% in 2Q 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Aug 16Investor sentiment improved over the past weekAfter last week's 15% share price gain to CN¥10.13, the stock trades at a trailing P/E ratio of 53.9x. Average trailing P/E is 40x in the Electronic industry in China. Total returns to shareholders of 64% over the past three years.Valuation Update With 7 Day Price Move • Aug 01Investor sentiment improved over the past weekAfter last week's 21% share price gain to CN¥9.99, the stock trades at a trailing P/E ratio of 53.1x. Average trailing P/E is 37x in the Electronic industry in China. Total returns to shareholders of 68% over the past three years.Valuation Update With 7 Day Price Move • Jul 09Investor sentiment improved over the past weekAfter last week's 36% share price gain to CN¥9.96, the stock trades at a trailing P/E ratio of 53x. Average trailing P/E is 35x in the Electronic industry in China. Total returns to shareholders of 42% over the past three years.Valuation Update With 7 Day Price Move • Jun 24Investor sentiment improved over the past weekAfter last week's 18% share price gain to CN¥7.13, the stock trades at a trailing P/E ratio of 37.9x. Average trailing P/E is 34x in the Electronic industry in China. Total returns to shareholders of 4.0% over the past three years.Reported Earnings • Apr 27First quarter 2022 earnings released: EPS: CN¥0.04 (vs CN¥0.07 in 1Q 2021)First quarter 2022 results: EPS: CN¥0.04 (down from CN¥0.07 in 1Q 2021). Revenue: CN¥209.3m (down 13% from 1Q 2021). Net income: CN¥15.3m (down 46% from 1Q 2021). Profit margin: 7.3% (down from 12% in 1Q 2021). Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings.Reported Earnings • Oct 31Third quarter 2021 earnings released: EPS CN¥0.051 (vs CN¥0.05 in 3Q 2020)The company reported a solid third quarter result with improved earnings and revenues, although profit margins were flat. Third quarter 2021 results: Revenue: CN¥224.2m (up 12% from 3Q 2020). Net income: CN¥21.0m (up 6.7% from 3Q 2020). Profit margin: 9.4% (in line with 3Q 2020). Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Aug 27Investor sentiment improved over the past weekAfter last week's 15% share price gain to CN¥9.21, the stock trades at a trailing P/E ratio of 40.8x. Average trailing P/E is 38x in the Electronic industry in China. Total returns to shareholders of 46% over the past three years.Reported Earnings • Aug 22Second quarter 2021 earnings released: EPS CN¥0.08 (vs CN¥0.05 in 2Q 2020)The company reported a solid second quarter result with improved earnings and revenues, although profit margins were flat. Second quarter 2021 results: Revenue: CN¥272.6m (up 46% from 2Q 2020). Net income: CN¥30.8m (up 59% from 2Q 2020). Profit margin: 11% (in line with 2Q 2020). Over the last 3 years on average, earnings per share has increased by 8% per year whereas the company’s share price has increased by 7% per year.Valuation Update With 7 Day Price Move • Aug 13Investor sentiment improved over the past weekAfter last week's 16% share price gain to CN¥9.05, the stock trades at a trailing P/E ratio of 45.9x. Average trailing P/E is 40x in the Electronic industry in China. Total returns to shareholders of 41% over the past three years.Reported Earnings • Apr 29First quarter 2021 earnings released: EPS CN¥0.07 (vs CN¥0.02 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: CN¥239.4m (up 77% from 1Q 2020). Net income: CN¥28.1m (up 268% from 1Q 2020). Profit margin: 12% (up from 5.7% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 10% per year and the company’s share price has also fallen by 10% per year.Is New 90 Day High Low • Feb 03New 90-day low: CN¥5.57The company is down 24% from its price of CN¥7.37 on 05 November 2020. The Chinese market is up 6.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is flat over the same period.Is New 90 Day High Low • Jan 11New 90-day low: CN¥5.68The company is down 24% from its price of CN¥7.50 on 13 October 2020. The Chinese market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 2.0% over the same period.Is New 90 Day High Low • Dec 24New 90-day low: CN¥6.07The company is down 17% from its price of CN¥7.27 on 25 September 2020. The Chinese market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 3.0% over the same period.Is New 90 Day High Low • Dec 09New 90-day low: CN¥6.60The company is down 1.0% from its price of CN¥6.66 on 10 September 2020. The Chinese market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 5.0% over the same period.Reported Earnings • Oct 21Third quarter earnings releasedOver the last 12 months the company has reported total profits of CN¥64.0m, up 191% from the prior year. Total revenue was CN¥699.4m over the last 12 months, up 27% from the prior year.お知らせ • Oct 19Ningbo Techmation Co., Ltd. to Report Q3, 2020 Results on Oct 21, 2020Ningbo Techmation Co., Ltd. announced that they will report Q3, 2020 results on Oct 21, 2020お知らせ • Sep 24Ningbo Bangbangmang Trade Co., Ltd. completed the acquisition of 7.37% stake in Ningbo Techmation Co., Ltd. (SHSE:603015) from Red Factor Limited.Ningbo Bangbangmang Trade Co., Ltd. signed the share transfer agreement to acquire 7.37% stake in Ningbo Techmation Co., Ltd. (SHSE:603015) from Red Factor Limited for approximately CNY 160 million on July 3, 2020. Under the terms, Ningbo Bangbangmang will acquire 30 million shares of Ningbo Techmation at a price of CNY 5.48 per share. The share transfer price will be fully paid within 5 years after the transfer of the target asset to the buyer. Ningbo Bangbangmang Trade Co., Ltd. completed the acquisition of 7.37% stake in Ningbo Techmation Co., Ltd. (SHSE:603015) from Red Factor Limited on July 3, 2020.お知らせ • Jul 09Ningbo Techmation Co., Ltd. to Report First Half, 2020 Results on Aug 21, 2020Ningbo Techmation Co., Ltd. announced that they will report first half, 2020 results on Aug 21, 2020お知らせ • Jun 18Ningbo Zhiyun Equity Investment Fund Management Co., Ltd. cancelled the acquisition of 5.16% stake in Ningbo Techmation Co., Ltd. (SHSE:603015) from Red Factor Limited.Ningbo Zhiyun Equity Investment Fund Management Co., Ltd. signed an agreement to acquire 5.16% stake in Ningbo Techmation Co., Ltd. (SHSE:603015) from Red Factor Limited for CNY 140 million on March 6, 2020. Under the terms of the transaction, Ningbo Zhiyun Equity Investment Fund Management will acquire 21 million shares at a price of CNY 6.68 per share. Ningbo Zhiyun Equity Investment Fund Management Co., Ltd. cancelled the acquisition of 5.16% stake in Ningbo Techmation Co., Ltd. (SHSE:603015) from Red Factor Limited on June 17, 2020.決済の安定と成長配当データの取得安定した配当: 603015の配当金支払いは、過去10年間 変動性 が高かった。増加する配当: 603015の配当金は過去10年間増加していません。配当利回り対市場Ningbo TechmationLtd 配当利回り対市場603015 配当利回りは市場と比べてどうか？セグメント配当利回り会社 (603015)0.4%市場下位25% (CN)0.4%市場トップ25% (CN)1.9%業界平均 (Electronic)1.0%アナリスト予想 (603015) (最長3年)n/a注目すべき配当: 603015の配当金 ( 0.39% ) はCN市場の配当金支払者の下位 25% ( 0.36% ) よりも高くなっています。高配当: 603015の配当金 ( 0.39% ) はCN市場の配当金支払者の上位 25% ( 1.91% ) と比較すると低いです。株主への利益配当収益カバレッジ: 603015の 配当性向 ( 42% ) はかなり低いため、配当金の支払いは利益によって十分にカバーされます。株主配当金キャッシュフローカバレッジ: 603015は合理的な 現金配当性向 ( 66.7% ) を備えているため、配当金の支払いはキャッシュフローによって賄われます。高配当企業の発掘7D1Y7D1Y7D1YCN 市場の強力な配当支払い企業。View Management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 19:05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Ningbo Techmation Co.,Ltd. 0 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。2 アナリスト機関Xiao Bao LiuEverbright Securities Co. Ltd.Runfang ZouTianfeng Securities Brokerage Co., Ltd
Declared Dividend • May 29Dividend reduced to CN¥0.05Dividend of CN¥0.05 is 67% lower than last year. Ex-date: 4th June 2025 Payment date: 4th June 2025 Dividend yield will be 0.4%, which is lower than the industry average of 1.8%. Sustainability & Growth Dividend is well covered by both earnings (28% earnings payout ratio) and cash flows (22% cash payout ratio). The dividend has remained flat since 10 years ago. However, payments have been volatile during that time. Earnings per share has grown by 17% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
Declared Dividend • May 31Dividend of CN¥0.15 announcedShareholders will receive a dividend of CN¥0.15. Ex-date: 5th June 2024 Payment date: 5th June 2024 Dividend yield will be 1.8%, which is about the same as the industry average. Sustainability & Growth Dividend is covered by both earnings (82% earnings payout ratio) and cash flows (46% cash payout ratio). The dividend has increased by an average of 13% per year over the past 9 years. However, payments have been volatile during that time. Earnings per share has grown by 12% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
お知らせ • Apr 29Ningbo Techmation Co.,Ltd., Annual General Meeting, May 19, 2026Ningbo Techmation Co.,Ltd., Annual General Meeting, May 19, 2026, at 14:00 China Standard Time. Location: 2F, No. 88, Dagang 5th Road, Beilun District, Ningbo, Zhejiang China
Reported Earnings • Apr 29Full year 2025 earnings released: EPS: CN¥0.11 (vs CN¥0.16 in FY 2024)Full year 2025 results: EPS: CN¥0.11 (down from CN¥0.16 in FY 2024). Revenue: CN¥829.0m (down 1.7% from FY 2024). Net income: CN¥42.9m (down 33% from FY 2024). Profit margin: 5.2% (down from 7.6% in FY 2024). Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has increased by 15% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Mar 30Ningbo Techmation Co.,Ltd. to Report Q1, 2026 Results on Apr 29, 2026Ningbo Techmation Co.,Ltd. announced that they will report Q1, 2026 results on Apr 29, 2026
New Risk • Mar 23New minor risk - Dividend sustainabilityThe company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 0.4% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 6.0% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (9.3% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (5.8% net profit margin).
New Risk • Jan 09New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 7.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 6.0% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (7.2% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (5.8% net profit margin).
お知らせ • Dec 26Ningbo Techmation Co.,Ltd. to Report Fiscal Year 2025 Results on Apr 29, 2026Ningbo Techmation Co.,Ltd. announced that they will report fiscal year 2025 results on Apr 29, 2026
Reported Earnings • Oct 28Third quarter 2025 earnings released: EPS: CN¥0.01 (vs CN¥0.031 in 3Q 2024)Third quarter 2025 results: EPS: CN¥0.01 (down from CN¥0.031 in 3Q 2024). Revenue: CN¥172.8m (down 19% from 3Q 2024). Net income: CN¥3.82m (down 72% from 3Q 2024). Profit margin: 2.2% (down from 6.3% in 3Q 2024). Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has increased by 20% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Sep 30Ningbo Techmation Co.,Ltd. to Report Q3, 2025 Results on Oct 28, 2025Ningbo Techmation Co.,Ltd. announced that they will report Q3, 2025 results on Oct 28, 2025
New Risk • Sep 18New minor risk - Dividend sustainabilityThe company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 0.4% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. This is currently the only risk that has been identified for the company.
お知らせ • Jun 30Ningbo Techmation Co.,Ltd. to Report First Half, 2025 Results on Aug 26, 2025Ningbo Techmation Co.,Ltd. announced that they will report first half, 2025 results on Aug 26, 2025
Declared Dividend • May 29Dividend reduced to CN¥0.05Dividend of CN¥0.05 is 67% lower than last year. Ex-date: 4th June 2025 Payment date: 4th June 2025 Dividend yield will be 0.4%, which is lower than the industry average of 1.8%. Sustainability & Growth Dividend is well covered by both earnings (28% earnings payout ratio) and cash flows (22% cash payout ratio). The dividend has remained flat since 10 years ago. However, payments have been volatile during that time. Earnings per share has grown by 17% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
Reported Earnings • Apr 24Full year 2024 earnings released: EPS: CN¥0.16 (vs CN¥0.16 in FY 2023)Full year 2024 results: EPS: CN¥0.16 (in line with FY 2023). Revenue: CN¥843.2m (up 17% from FY 2023). Net income: CN¥63.8m (flat on FY 2023). Profit margin: 7.6% (down from 8.9% in FY 2023). Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has increased by 33% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Apr 23Ningbo Techmation Co.,Ltd., Annual General Meeting, May 16, 2025Ningbo Techmation Co.,Ltd., Annual General Meeting, May 16, 2025, at 10:00 China Standard Time. Location: 2F, No. 88, Dagang 5th Road, Beilun District, Ningbo, Zhejiang China
Valuation Update With 7 Day Price Move • Apr 08Investor sentiment deteriorates as stock falls 23%After last week's 23% share price decline to CN¥11.64, the stock trades at a trailing P/E ratio of 58.8x. Average trailing P/E is 42x in the Electronic industry in China. Total returns to shareholders of 97% over the past three years.
お知らせ • Mar 28Ningbo Techmation Co.,Ltd. to Report Q1, 2025 Results on Apr 23, 2025Ningbo Techmation Co.,Ltd. announced that they will report Q1, 2025 results on Apr 23, 2025
分析記事 • Mar 01Returns On Capital Are Showing Encouraging Signs At Ningbo TechmationLtd (SHSE:603015)If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Firstly, we'd...
分析記事 • Feb 05Subdued Growth No Barrier To Ningbo Techmation Co.,Ltd. (SHSE:603015) With Shares Advancing 30%Despite an already strong run, Ningbo Techmation Co.,Ltd. ( SHSE:603015 ) shares have been powering on, with a gain of...
Valuation Update With 7 Day Price Move • Jan 09Investor sentiment improves as stock rises 23%After last week's 23% share price gain to CN¥11.99, the stock trades at a trailing P/E ratio of 60.6x. Average trailing P/E is 45x in the Electronic industry in China. Total returns to shareholders of 62% over the past three years.
分析記事 • Jan 04These 4 Measures Indicate That Ningbo TechmationLtd (SHSE:603015) Is Using Debt SafelySome 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 27Ningbo Techmation Co.,Ltd. to Report Fiscal Year 2024 Results on Apr 30, 2025Ningbo Techmation Co.,Ltd. announced that they will report fiscal year 2024 results on Apr 30, 2025
New Risk • Dec 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 11% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by cash flows (103% cash payout ratio). Share price has been volatile over the past 3 months (11% average weekly change). Large one-off items impacting financial results.
Valuation Update With 7 Day Price Move • Dec 10Investor sentiment improves as stock rises 20%After last week's 20% share price gain to CN¥13.38, the stock trades at a trailing P/E ratio of 67.6x. Average trailing P/E is 49x in the Electronic industry in China. Total returns to shareholders of 87% over the past three years.
分析記事 • Nov 21What Ningbo Techmation Co.,Ltd.'s (SHSE:603015) 30% Share Price Gain Is Not Telling YouDespite an already strong run, Ningbo Techmation Co.,Ltd. ( SHSE:603015 ) shares have been powering on, with a gain of...
Valuation Update With 7 Day Price Move • Nov 21Investor sentiment improves as stock rises 27%After last week's 27% share price gain to CN¥10.62, the stock trades at a trailing P/E ratio of 53.7x. Average trailing P/E is 48x in the Electronic industry in China. Total returns to shareholders of 37% over the past three years.
分析記事 • Nov 04Ningbo TechmationLtd's (SHSE:603015) Earnings Are Of Questionable QualityDespite posting some strong earnings, the market for Ningbo Techmation Co.,Ltd.'s ( SHSE:603015 ) stock hasn't moved...
New Risk • Oct 28New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 39% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by cash flows (103% cash payout ratio). Large one-off items impacting financial results.
Reported Earnings • Oct 28Third quarter 2024 earnings released: EPS: CN¥0.031 (vs CN¥0.019 in 3Q 2023)Third quarter 2024 results: EPS: CN¥0.031 (up from CN¥0.019 in 3Q 2023). Revenue: CN¥213.8m (up 42% from 3Q 2023). Net income: CN¥13.5m (up 80% from 3Q 2023). Profit margin: 6.3% (up from 5.0% in 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.
お知らせ • Sep 30Ningbo Techmation Co.,Ltd. to Report Q3, 2024 Results on Oct 28, 2024Ningbo Techmation Co.,Ltd. announced that they will report Q3, 2024 results on Oct 28, 2024
Valuation Update With 7 Day Price Move • Sep 30Investor sentiment improves as stock rises 22%After last week's 22% share price gain to CN¥7.87, the stock trades at a trailing P/E ratio of 43x. Average trailing P/E is 38x in the Electronic industry in China. Total returns to shareholders of 13% over the past three years.
分析記事 • Sep 30Ningbo TechmationLtd (SHSE:603015) Is Doing The Right Things To Multiply Its Share PriceTo find a multi-bagger stock, what are the underlying trends we should look for in a business? Typically, we'll want to...
Reported Earnings • Aug 22Second quarter 2024 earnings released: EPS: CN¥0.051 (vs CN¥0.041 in 2Q 2023)Second quarter 2024 results: EPS: CN¥0.051 (up from CN¥0.041 in 2Q 2023). Revenue: CN¥253.1m (up 18% from 2Q 2023). Net income: CN¥19.1m (up 14% from 2Q 2023). Profit margin: 7.5% (down from 7.8% in 2Q 2023). 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 10% per year.
お知らせ • Jun 28Ningbo Techmation Co.,Ltd. to Report First Half, 2024 Results on Aug 22, 2024Ningbo Techmation Co.,Ltd. announced that they will report first half, 2024 results on Aug 22, 2024
Valuation Update With 7 Day Price Move • Jun 06Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to CN¥6.92, the stock trades at a trailing P/E ratio of 39x. Average trailing P/E is 41x in the Electronic industry in China. Total returns to shareholders of 14% over the past three years.
Declared Dividend • May 31Dividend of CN¥0.15 announcedShareholders will receive a dividend of CN¥0.15. Ex-date: 5th June 2024 Payment date: 5th June 2024 Dividend yield will be 1.8%, which is about the same as the industry average. Sustainability & Growth Dividend is covered by both earnings (82% earnings payout ratio) and cash flows (46% cash payout ratio). The dividend has increased by an average of 13% per year over the past 9 years. However, payments have been volatile during that time. Earnings per share has grown by 12% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
分析記事 • Apr 30Statutory Profit Doesn't Reflect How Good Ningbo TechmationLtd's (SHSE:603015) Earnings AreNingbo Techmation Co.,Ltd. ( SHSE:603015 ) recently posted some strong earnings, and the market responded positively...
お知らせ • Apr 24Ningbo Techmation Co.,Ltd., Annual General Meeting, May 17, 2024Ningbo Techmation Co.,Ltd., Annual General Meeting, May 17, 2024, at 10:00 China Standard Time. Location: 2F, No. 88, Dagang 5th Road, Beilun District, Ningbo, Zhejiang China
Reported Earnings • Apr 24Full year 2023 earnings released: EPS: CN¥0.16 (vs CN¥0.12 in FY 2022)Full year 2023 results: EPS: CN¥0.16 (up from CN¥0.12 in FY 2022). Revenue: CN¥721.4m (down 1.6% from FY 2022). Net income: CN¥64.0m (up 34% from FY 2022). Profit margin: 8.9% (up from 6.5% in FY 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 23% 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 • Apr 16Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to CN¥6.33, the stock trades at a trailing P/E ratio of 67.7x. Average trailing P/E is 37x in the Electronic industry in China. Total returns to shareholders of 9.9% over the past three years.
お知らせ • Mar 30Ningbo Techmation Co.,Ltd. to Report Q1, 2024 Results on Apr 24, 2024Ningbo Techmation Co.,Ltd. announced that they will report Q1, 2024 results on Apr 24, 2024
分析記事 • Feb 27Ningbo Techmation Co.,Ltd.'s (SHSE:603015) Shareholders Might Be Looking For ExitWhen close to half the companies in the Electronic industry in China have price-to-sales ratios (or "P/S") below 3.7x...
Valuation Update With 7 Day Price Move • Feb 01Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to CN¥6.86, the stock trades at a trailing P/E ratio of 73.4x. Average trailing P/E is 34x in the Electronic industry in China. Total returns to shareholders of 33% over the past three years.
お知らせ • Dec 29Ningbo Techmation Co.,Ltd. to Report Fiscal Year 2023 Results on Apr 25, 2024Ningbo Techmation Co.,Ltd. announced that they will report fiscal year 2023 results on Apr 25, 2024
New Risk • Nov 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 6.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (6.3% average weekly change). Large one-off items impacting financial results.
Reported Earnings • Oct 29Third quarter 2023 earnings released: EPS: CN¥0.019 (vs CN¥0.021 in 3Q 2022)Third quarter 2023 results: EPS: CN¥0.019 (down from CN¥0.021 in 3Q 2022). Revenue: CN¥150.3m (down 2.5% from 3Q 2022). Net income: CN¥7.50m (down 10% from 3Q 2022). Profit margin: 5.0% (down from 5.4% in 3Q 2022). Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.
お知らせ • Sep 30Ningbo Techmation Co.,Ltd. to Report Q3, 2023 Results on Oct 28, 2023Ningbo Techmation Co.,Ltd. announced that they will report Q3, 2023 results at 3:00 PM, China Standard Time on Oct 28, 2023
Reported Earnings • Aug 23Second quarter 2023 earnings released: EPS: CN¥0.041 (vs CN¥0.05 in 2Q 2022)Second quarter 2023 results: EPS: CN¥0.041 (down from CN¥0.05 in 2Q 2022). Revenue: CN¥215.3m (down 2.2% from 2Q 2022). Net income: CN¥16.8m (down 15% from 2Q 2022). Profit margin: 7.8% (down from 9.0% in 2Q 2022). Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings.
お知らせ • Jun 28Ningbo Techmation Co.,Ltd. to Report First Half, 2023 Results on Aug 22, 2023Ningbo Techmation Co.,Ltd. announced that they will report first half, 2023 results on Aug 22, 2023
New Risk • Jun 25New 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 6.8% 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: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (6.8% average weekly change). Large one-off items impacting financial results.
Reported Earnings • Apr 26Full year 2022 earnings released: EPS: CN¥0.12 (vs CN¥0.22 in FY 2021)Full year 2022 results: EPS: CN¥0.12 (down from CN¥0.22 in FY 2021). Revenue: CN¥733.0m (down 22% from FY 2021). Net income: CN¥47.7m (down 46% from FY 2021). Profit margin: 6.5% (down from 9.5% in FY 2021). Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.
Board Change • Nov 16Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 12 experienced directors. No highly experienced directors. 5 independent directors (6 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Reported Earnings • Oct 28Third quarter 2022 earnings released: EPS: CN¥0.021 (vs CN¥0.051 in 3Q 2021)Third quarter 2022 results: EPS: CN¥0.021 (down from CN¥0.051 in 3Q 2021). Revenue: CN¥154.2m (down 31% from 3Q 2021). Net income: CN¥8.34m (down 60% from 3Q 2021). Profit margin: 5.4% (down from 9.4% in 3Q 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Aug 31Investor sentiment deteriorated over the past weekAfter last week's 18% share price decline to CN¥8.15, the stock trades at a trailing P/E ratio of 50.8x. Average trailing P/E is 35x in the Electronic industry in China. Total returns to shareholders of 29% over the past three years.
Reported Earnings • Aug 26Second quarter 2022 earnings released: EPS: CN¥0.05 (vs CN¥0.08 in 2Q 2021)Second quarter 2022 results: EPS: CN¥0.05 (down from CN¥0.08 in 2Q 2021). Revenue: CN¥220.1m (down 19% from 2Q 2021). Net income: CN¥19.7m (down 36% from 2Q 2021). Profit margin: 9.0% (down from 11% in 2Q 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Aug 16Investor sentiment improved over the past weekAfter last week's 15% share price gain to CN¥10.13, the stock trades at a trailing P/E ratio of 53.9x. Average trailing P/E is 40x in the Electronic industry in China. Total returns to shareholders of 64% over the past three years.
Valuation Update With 7 Day Price Move • Aug 01Investor sentiment improved over the past weekAfter last week's 21% share price gain to CN¥9.99, the stock trades at a trailing P/E ratio of 53.1x. Average trailing P/E is 37x in the Electronic industry in China. Total returns to shareholders of 68% over the past three years.
Valuation Update With 7 Day Price Move • Jul 09Investor sentiment improved over the past weekAfter last week's 36% share price gain to CN¥9.96, the stock trades at a trailing P/E ratio of 53x. Average trailing P/E is 35x in the Electronic industry in China. Total returns to shareholders of 42% over the past three years.
Valuation Update With 7 Day Price Move • Jun 24Investor sentiment improved over the past weekAfter last week's 18% share price gain to CN¥7.13, the stock trades at a trailing P/E ratio of 37.9x. Average trailing P/E is 34x in the Electronic industry in China. Total returns to shareholders of 4.0% over the past three years.
Reported Earnings • Apr 27First quarter 2022 earnings released: EPS: CN¥0.04 (vs CN¥0.07 in 1Q 2021)First quarter 2022 results: EPS: CN¥0.04 (down from CN¥0.07 in 1Q 2021). Revenue: CN¥209.3m (down 13% from 1Q 2021). Net income: CN¥15.3m (down 46% from 1Q 2021). Profit margin: 7.3% (down from 12% in 1Q 2021). Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings.
Reported Earnings • Oct 31Third quarter 2021 earnings released: EPS CN¥0.051 (vs CN¥0.05 in 3Q 2020)The company reported a solid third quarter result with improved earnings and revenues, although profit margins were flat. Third quarter 2021 results: Revenue: CN¥224.2m (up 12% from 3Q 2020). Net income: CN¥21.0m (up 6.7% from 3Q 2020). Profit margin: 9.4% (in line with 3Q 2020). Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Aug 27Investor sentiment improved over the past weekAfter last week's 15% share price gain to CN¥9.21, the stock trades at a trailing P/E ratio of 40.8x. Average trailing P/E is 38x in the Electronic industry in China. Total returns to shareholders of 46% over the past three years.
Reported Earnings • Aug 22Second quarter 2021 earnings released: EPS CN¥0.08 (vs CN¥0.05 in 2Q 2020)The company reported a solid second quarter result with improved earnings and revenues, although profit margins were flat. Second quarter 2021 results: Revenue: CN¥272.6m (up 46% from 2Q 2020). Net income: CN¥30.8m (up 59% from 2Q 2020). Profit margin: 11% (in line with 2Q 2020). Over the last 3 years on average, earnings per share has increased by 8% per year whereas the company’s share price has increased by 7% per year.
Valuation Update With 7 Day Price Move • Aug 13Investor sentiment improved over the past weekAfter last week's 16% share price gain to CN¥9.05, the stock trades at a trailing P/E ratio of 45.9x. Average trailing P/E is 40x in the Electronic industry in China. Total returns to shareholders of 41% over the past three years.
Reported Earnings • Apr 29First quarter 2021 earnings released: EPS CN¥0.07 (vs CN¥0.02 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: CN¥239.4m (up 77% from 1Q 2020). Net income: CN¥28.1m (up 268% from 1Q 2020). Profit margin: 12% (up from 5.7% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 10% per year and the company’s share price has also fallen by 10% per year.
Is New 90 Day High Low • Feb 03New 90-day low: CN¥5.57The company is down 24% from its price of CN¥7.37 on 05 November 2020. The Chinese market is up 6.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is flat over the same period.
Is New 90 Day High Low • Jan 11New 90-day low: CN¥5.68The company is down 24% from its price of CN¥7.50 on 13 October 2020. The Chinese market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 2.0% over the same period.
Is New 90 Day High Low • Dec 24New 90-day low: CN¥6.07The company is down 17% from its price of CN¥7.27 on 25 September 2020. The Chinese market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 3.0% over the same period.
Is New 90 Day High Low • Dec 09New 90-day low: CN¥6.60The company is down 1.0% from its price of CN¥6.66 on 10 September 2020. The Chinese market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 5.0% over the same period.
Reported Earnings • Oct 21Third quarter earnings releasedOver the last 12 months the company has reported total profits of CN¥64.0m, up 191% from the prior year. Total revenue was CN¥699.4m over the last 12 months, up 27% from the prior year.
お知らせ • Oct 19Ningbo Techmation Co., Ltd. to Report Q3, 2020 Results on Oct 21, 2020Ningbo Techmation Co., Ltd. announced that they will report Q3, 2020 results on Oct 21, 2020
お知らせ • Sep 24Ningbo Bangbangmang Trade Co., Ltd. completed the acquisition of 7.37% stake in Ningbo Techmation Co., Ltd. (SHSE:603015) from Red Factor Limited.Ningbo Bangbangmang Trade Co., Ltd. signed the share transfer agreement to acquire 7.37% stake in Ningbo Techmation Co., Ltd. (SHSE:603015) from Red Factor Limited for approximately CNY 160 million on July 3, 2020. Under the terms, Ningbo Bangbangmang will acquire 30 million shares of Ningbo Techmation at a price of CNY 5.48 per share. The share transfer price will be fully paid within 5 years after the transfer of the target asset to the buyer. Ningbo Bangbangmang Trade Co., Ltd. completed the acquisition of 7.37% stake in Ningbo Techmation Co., Ltd. (SHSE:603015) from Red Factor Limited on July 3, 2020.
お知らせ • Jul 09Ningbo Techmation Co., Ltd. to Report First Half, 2020 Results on Aug 21, 2020Ningbo Techmation Co., Ltd. announced that they will report first half, 2020 results on Aug 21, 2020
お知らせ • Jun 18Ningbo Zhiyun Equity Investment Fund Management Co., Ltd. cancelled the acquisition of 5.16% stake in Ningbo Techmation Co., Ltd. (SHSE:603015) from Red Factor Limited.Ningbo Zhiyun Equity Investment Fund Management Co., Ltd. signed an agreement to acquire 5.16% stake in Ningbo Techmation Co., Ltd. (SHSE:603015) from Red Factor Limited for CNY 140 million on March 6, 2020. Under the terms of the transaction, Ningbo Zhiyun Equity Investment Fund Management will acquire 21 million shares at a price of CNY 6.68 per share. Ningbo Zhiyun Equity Investment Fund Management Co., Ltd. cancelled the acquisition of 5.16% stake in Ningbo Techmation Co., Ltd. (SHSE:603015) from Red Factor Limited on June 17, 2020.