View Financial HealthCIG Shanghai 配当と自社株買い配当金 基準チェック /16CIG Shanghai配当を支払う会社であり、現在の利回りは0.18%で、収益によって十分にカバーされています。主要情報0.2%配当利回り-8.2%バイバック利回り総株主利回り-8.0%将来の配当利回りn/a配当成長18.3%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28%最近の配当と自社株買いの更新Declared Dividend • Sep 15First half dividend increased to CN¥0.045Dividend of CN¥0.045 is 51% higher than last year. Ex-date: 17th September 2025 Payment date: 17th September 2025 Dividend yield will be 0.2%, which is lower than the industry average of 1.2%. Sustainability & Growth Dividend is covered by earnings (34% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 16% per year over the past 7 years. However, payments have been volatile during that time. Earnings per share has grown by 51% 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 • Jun 05CIG Shanghai Co., Ltd. has completed a Follow-on Equity Offering in the amount of HKD 1.975896 billion.CIG Shanghai Co., Ltd. has completed a Follow-on Equity Offering in the amount of HKD 1.975896 billion. Security Name: H Shares Security Type: Common Stock Securities Offered: 15,600,000 Price\Range: HKD 126.66 Transaction Features: Subsequent Direct ListingRecent Insider Transactions • Jun 04Chairman of the Board recently sold CN¥114m worth of stockOn the 29th of May, Gerald G. Wong sold around 700k shares on-market at roughly CN¥163 per share. This transaction amounted to 2.2% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Gerald G.'s only on-market trade for the last 12 months.お知らせ • May 30CIG Shanghai Co., Ltd. has filed a Follow-on Equity Offering in the amount of HKD 1.975896 billion.CIG Shanghai Co., Ltd. has filed a Follow-on Equity Offering in the amount of HKD 1.975896 billion. Security Name: H Shares Security Type: Common Stock Securities Offered: 15,600,000 Price\Range: HKD 126.66 Transaction Features: Subsequent Direct ListingNew Risk • Apr 17New 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% 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 Share price has been highly volatile over the past 3 months (10% average weekly change). High level of non-cash earnings (42% accrual ratio). Shareholders have been substantially diluted in the past year (32% increase in shares outstanding).お知らせ • Apr 03CIG Shanghai Co., Ltd., Annual General Meeting, Apr 28, 2026CIG Shanghai Co., Ltd., Annual General Meeting, Apr 28, 2026, at 13:30 China Standard Time. Location: Building A, No. 800, Puxing Highway, Minhang District, Shanghai ChinaReported Earnings • Apr 01Full year 2025 earnings released: EPS: CN¥0.94 (vs CN¥0.62 in FY 2024)Full year 2025 results: EPS: CN¥0.94 (up from CN¥0.62 in FY 2024). Revenue: CN¥4.82b (up 32% from FY 2024). Net income: CN¥263.5m (up 58% from FY 2024). Profit margin: 5.5% (up from 4.6% in FY 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 60% p.a. on average during the next 2 years, compared to a 29% growth forecast for the Communications industry in China. Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has increased by 32% per year, which means it is well ahead of earnings.お知らせ • Mar 30CIG Shanghai Co., Ltd. to Report Q1, 2026 Results on Apr 30, 2026CIG Shanghai Co., Ltd. announced that they will report Q1, 2026 results on Apr 30, 2026New Risk • Mar 22New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 32% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). High level of non-cash earnings (35% accrual ratio). Shareholders have been substantially diluted in the past year (32% increase in shares outstanding). Minor Risk Share price has been volatile over the past 3 months (9.3% average weekly change).お知らせ • Dec 26CIG Shanghai Co., Ltd. to Report Fiscal Year 2025 Results on Mar 31, 2026CIG Shanghai Co., Ltd. announced that they will report fiscal year 2025 results on Mar 31, 2026Board Change • Dec 12High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Independent Non-Executive Director Shuk Yee Yuen was the last director to join the board, commencing their role in 2025. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.New Risk • Nov 26New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 32% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Share price has been highly volatile over the past 3 months (12% average weekly change). High level of non-cash earnings (35% accrual ratio). Shareholders have been substantially diluted in the past year (32% increase in shares outstanding).Recent Insider Transactions Derivative • Nov 23Executive Director exercised options to buy CN¥3.7m worth of stock.On the 19th of November, Jie Zhang exercised options to buy 38k shares at a strike price of around CN¥29.18, costing a total of CN¥1.1m. This transaction amounted to 50% of their direct individual holding at the time of the trade. Since December 2024, Jie's direct individual holding has increased from 72.00k shares to 75.70k. Company insiders have collectively bought CN¥2.2m more than they sold, via options and on-market transactions, in the last 12 months.New Risk • Oct 30New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 25% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Share price has been highly volatile over the past 3 months (13% average weekly change). High level of non-cash earnings (35% accrual ratio). Minor Risk Shareholders have been diluted in the past year (25% increase in shares outstanding).Reported Earnings • Oct 27Third quarter 2025 earnings released: EPS: CN¥0.52 (vs CN¥0.27 in 3Q 2024)Third quarter 2025 results: EPS: CN¥0.52 (up from CN¥0.27 in 3Q 2024). Revenue: CN¥1.32b (up 32% from 3Q 2024). Net income: CN¥138.4m (up 93% from 3Q 2024). Profit margin: 10% (up from 7.2% in 3Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has increased by 113% per year, which means it is well ahead of earnings.お知らせ • Oct 21CIG Shanghai Co., Ltd. has filed a Follow-on Equity Offering in the amount of HKD 4.615683 billion.CIG Shanghai Co., Ltd. has filed a Follow-on Equity Offering in the amount of HKD 4.615683 billion. Security Name: H Shares Security Type: Common Stock Securities Offered: 6,701,050 Price(maximum): HKD 68.88 Discount Per Security: HKD 0.6888 Security Name: H Shares Security Type: Common Stock Securities Offered: 27,546,700 Price(maximum): HKD 68.88 Discount Per Security: HKD 0.6888 Security Name: H Shares Security Type: Common Stock Securities Offered: 32,762,750 Price(maximum): HKD 68.88 Discount Per Security: HKD 0.6888 Transaction Features: New Market Listing; Regulation S; Sponsor Backed Offeringお知らせ • Sep 30CIG Shanghai Co., Ltd. to Report Q3, 2025 Results on Oct 27, 2025CIG Shanghai Co., Ltd. announced that they will report Q3, 2025 results on Oct 27, 2025Declared Dividend • Sep 15First half dividend increased to CN¥0.045Dividend of CN¥0.045 is 51% higher than last year. Ex-date: 17th September 2025 Payment date: 17th September 2025 Dividend yield will be 0.2%, which is lower than the industry average of 1.2%. Sustainability & Growth Dividend is covered by earnings (34% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 16% per year over the past 7 years. However, payments have been volatile during that time. Earnings per share has grown by 51% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.Reported Earnings • Aug 21Second quarter 2025 earnings released: EPS: CN¥0.33 (vs CN¥0.20 in 2Q 2024)Second quarter 2025 results: EPS: CN¥0.33 (up from CN¥0.20 in 2Q 2024). Revenue: CN¥1.14b (up 25% from 2Q 2024). Net income: CN¥89.5m (up 66% from 2Q 2024). Profit margin: 7.8% (up from 5.9% in 2Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has increased by 81% per year, which means it is tracking significantly ahead of earnings growth.New Risk • Jul 02New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 8.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (8.3% average weekly change).お知らせ • Jun 30CIG Shanghai Co., Ltd. to Report First Half, 2025 Results on Aug 19, 2025CIG Shanghai Co., Ltd. announced that they will report first half, 2025 results on Aug 19, 2025Valuation Update With 7 Day Price Move • Jun 06Investor sentiment improves as stock rises 24%After last week's 24% share price gain to CN¥45.11, the stock trades at a trailing P/E ratio of 70.2x. Average trailing P/E is 68x in the Communications industry in China. Total returns to shareholders of 353% over the past three years.Buy Or Sell Opportunity • May 28Now 20% overvaluedOver the last 90 days, the stock has fallen 8.0% to CN¥37.61. The fair value is estimated to be CN¥31.30, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company has become profitable.Valuation Update With 7 Day Price Move • May 09Investor sentiment improves as stock rises 15%After last week's 15% share price gain to CN¥38.99, the stock trades at a trailing P/E ratio of 60.7x. Average trailing P/E is 74x in the Communications industry in China. Total returns to shareholders of 304% over the past three years.Buy Or Sell Opportunity • May 08Now 21% overvaluedOver the last 90 days, the stock has fallen 9.7% to CN¥38.07. The fair value is estimated to be CN¥31.42, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company has become profitable.New Risk • Apr 12New 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: 0.8% 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.Reported Earnings • Apr 08Full year 2024 earnings released: EPS: CN¥0.62 (vs CN¥0.36 in FY 2023)Full year 2024 results: EPS: CN¥0.62 (up from CN¥0.36 in FY 2023). Revenue: CN¥3.65b (up 18% from FY 2023). Net income: CN¥166.7m (up 75% from FY 2023). Profit margin: 4.6% (up from 3.1% in FY 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has increased by 38% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Apr 08CIG ShangHai Co., Ltd., Annual General Meeting, Apr 28, 2025CIG ShangHai Co., Ltd., Annual General Meeting, Apr 28, 2025, at 13:30 China Standard Time. Location: Building A, No. 800, Puxing Highway, Minhang District, Shanghai Chinaお知らせ • Mar 28CIG ShangHai Co., Ltd. to Report Q1, 2025 Results on Apr 30, 2025CIG ShangHai Co., Ltd. announced that they will report Q1, 2025 results on Apr 30, 2025New Risk • Mar 18New 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 8.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (8.0% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (3.6% net profit margin).Valuation Update With 7 Day Price Move • Jan 03Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to CN¥37.00, the stock trades at a trailing P/E ratio of 78.4x. Average trailing P/E is 68x in the Communications industry in China. Total returns to shareholders of 187% over the past three years.お知らせ • Dec 27CIG ShangHai Co., Ltd. to Report Fiscal Year 2024 Results on Apr 08, 2025CIG ShangHai Co., Ltd. announced that they will report fiscal year 2024 results on Apr 08, 2025New Risk • Nov 15New 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 10% 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 (10% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (3.6% net profit margin).New Risk • Oct 22New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 37% 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 Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (3.6% net profit margin).Reported Earnings • Oct 19Third quarter 2024 earnings released: EPS: CN¥0.27 (vs CN¥0.13 loss in 3Q 2023)Third quarter 2024 results: EPS: CN¥0.27 (up from CN¥0.13 loss in 3Q 2023). Revenue: CN¥1.00b (up 70% from 3Q 2023). Net income: CN¥71.7m (up CN¥107.4m from 3Q 2023). Profit margin: 7.2% (up from net loss in 3Q 2023). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 39% per year whereas the company’s share price has increased by 37% per year.お知らせ • Sep 30CIG ShangHai Co., Ltd. to Report Q3, 2024 Results on Oct 19, 2024CIG ShangHai Co., Ltd. announced that they will report Q3, 2024 results on Oct 19, 2024Buy Or Sell Opportunity • Sep 30Now 24% overvalued after recent price riseOver the last 90 days, the stock has risen 5.2% to CN¥34.16. The fair value is estimated to be CN¥27.51, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 6.1% over the last 3 years. Meanwhile, the company has become profitable.New Risk • Sep 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 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 Share price has been volatile over the past 3 months (6.8% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.6% net profit margin).Reported Earnings • Aug 09Second quarter 2024 earnings released: EPS: CN¥0.20 (vs CN¥0.32 in 2Q 2023)Second quarter 2024 results: EPS: CN¥0.20 (down from CN¥0.32 in 2Q 2023). Revenue: CN¥912.9m (up 37% from 2Q 2023). Net income: CN¥54.0m (down 36% from 2Q 2023). Profit margin: 5.9% (down from 13% in 2Q 2023). Over the last 3 years on average, earnings per share has increased by 60% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth.お知らせ • Jun 28CIG ShangHai Co., Ltd. to Report First Half, 2024 Results on Aug 09, 2024CIG ShangHai Co., Ltd. announced that they will report first half, 2024 results on Aug 09, 2024Reported Earnings • Apr 24First quarter 2024 earnings released: EPS: CN¥0.10 (vs CN¥0.27 in 1Q 2023)First quarter 2024 results: EPS: CN¥0.10 (down from CN¥0.27 in 1Q 2023). Revenue: CN¥849.5m (down 21% from 1Q 2023). Net income: CN¥26.0m (down 64% from 1Q 2023). Profit margin: 3.1% (down from 6.7% in 1Q 2023). Over the last 3 years on average, earnings per share has increased by 84% per year but the company’s share price has only increased by 38% per year, which means it is significantly lagging earnings growth.お知らせ • Mar 30CIG ShangHai Co., Ltd. to Report Q1, 2024 Results on Apr 23, 2024CIG ShangHai Co., Ltd. announced that they will report Q1, 2024 results on Apr 23, 2024お知らせ • Mar 19CIG ShangHai Co., Ltd., Annual General Meeting, Apr 08, 2024CIG ShangHai Co., Ltd., Annual General Meeting, Apr 08, 2024, at 14:00 China Standard Time. Location: Building A, No. 800, Puxing Highway, Minhang District, Shanghai ChinaReported Earnings • Mar 19Full year 2023 earnings released: EPS: CN¥0.36 (vs CN¥0.67 in FY 2022)Full year 2023 results: EPS: CN¥0.36 (down from CN¥0.67 in FY 2022). Revenue: CN¥3.09b (down 19% from FY 2022). Net income: CN¥95.0m (down 45% from FY 2022). Profit margin: 3.1% (down from 4.5% in FY 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 103% per year but the company’s share price has only increased by 61% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Feb 07Investor sentiment improves as stock rises 20%After last week's 20% share price gain to CN¥41.68, the stock trades at a trailing P/E ratio of 51.4x. Average trailing P/E is 35x in the Communications industry in China. Total returns to shareholders of 273% over the past three years.Valuation Update With 7 Day Price Move • Jan 19Investor sentiment improves as stock rises 17%After last week's 17% share price gain to CN¥38.08, the stock trades at a trailing P/E ratio of 46.9x. Average trailing P/E is 44x in the Communications industry in China. Total returns to shareholders of 203% over the past three years.お知らせ • Dec 29CIG ShangHai Co., Ltd. to Report Fiscal Year 2023 Results on Mar 15, 2024CIG ShangHai Co., Ltd. announced that they will report fiscal year 2023 results on Mar 15, 2024Reported Earnings • Oct 20Third quarter 2023 earnings released: CN¥0.13 loss per share (vs CN¥0.64 profit in 3Q 2022)Third quarter 2023 results: CN¥0.13 loss per share (down from CN¥0.64 profit in 3Q 2022). Revenue: CN¥590.7m (down 58% from 3Q 2022). Net loss: CN¥35.6m (down 122% from profit in 3Q 2022). Over the last 3 years on average, earnings per share has increased by 109% per year but the company’s share price has only increased by 36% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Oct 18Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to CN¥42.91, the stock trades at a trailing P/E ratio of 27.8x. Average trailing P/E is 54x in the Communications industry in China. Total returns to shareholders of 149% over the past three years.お知らせ • Sep 30CIG ShangHai Co., Ltd. to Report Q3, 2023 Results on Oct 20, 2023CIG ShangHai Co., Ltd. announced that they will report Q3, 2023 results on Oct 20, 2023Valuation Update With 7 Day Price Move • Sep 25Investor sentiment improves as stock rises 25%After last week's 25% share price gain to CN¥52.91, the stock trades at a trailing P/E ratio of 34.2x. Average trailing P/E is 52x in the Communications industry in China. Total returns to shareholders of 171% over the past three years.Reported Earnings • Aug 05Second quarter 2023 earnings released: EPS: CN¥0.32 (vs CN¥0.078 in 2Q 2022)Second quarter 2023 results: EPS: CN¥0.32 (up from CN¥0.078 in 2Q 2022). Revenue: CN¥665.5m (down 31% from 2Q 2022). Net income: CN¥84.5m (up 321% from 2Q 2022). Profit margin: 13% (up from 2.1% in 2Q 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 106% per year but the company’s share price has only increased by 28% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Jul 21Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to CN¥53.69, the stock trades at a trailing P/E ratio of 41.2x. Average trailing P/E is 52x in the Communications industry in China. Total returns to shareholders of 99% over the past three years.Valuation Update With 7 Day Price Move • Jun 27Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to CN¥62.62, the stock trades at a trailing P/E ratio of 48x. Average trailing P/E is 60x in the Communications industry in China. Total returns to shareholders of 108% over the past three years.Valuation Update With 7 Day Price Move • May 25Investor sentiment improves as stock rises 18%After last week's 18% share price gain to CN¥68.19, the stock trades at a trailing P/E ratio of 52.3x. Average trailing P/E is 50x in the Communications industry in China. Total returns to shareholders of 159% over the past three years.Valuation Update With 7 Day Price Move • May 11Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to CN¥55.48, the stock trades at a trailing P/E ratio of 42.5x. Average trailing P/E is 45x in the Communications industry in China. Total returns to shareholders of 76% over the past three years.Valuation Update With 7 Day Price Move • Apr 24Investor sentiment improves as stock rises 39%After last week's 39% share price gain to CN¥60.20, the stock trades at a trailing P/E ratio of 45.1x. Average trailing P/E is 49x in the Communications industry in China. Total returns to shareholders of 112% over the past three years.Valuation Update With 7 Day Price Move • Mar 20Investor sentiment improves as stock rises 15%After last week's 15% share price gain to CN¥25.95, the stock trades at a trailing P/E ratio of 38.8x. Average trailing P/E is 44x in the Communications industry in China. Total returns to shareholders of 11% over the past three years.Reported Earnings • Mar 14Full year 2022 earnings released: EPS: CN¥0.69 (vs CN¥0.27 in FY 2021)Full year 2022 results: EPS: CN¥0.69 (up from CN¥0.27 in FY 2021). Revenue: CN¥3.79b (up 30% from FY 2021). Net income: CN¥171.1m (up 154% from FY 2021). Profit margin: 4.5% (up from 2.3% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 47% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.Valuation Update With 7 Day Price Move • Feb 24Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CN¥18.07, the stock trades at a trailing P/E ratio of 45.9x. Average trailing P/E is 42x in the Communications industry in China. Total loss to shareholders of 31% over the past three years.Valuation Update With 7 Day Price Move • Feb 09Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CN¥15.73, the stock trades at a trailing P/E ratio of 40x. Average trailing P/E is 41x in the Communications industry in China. Total loss to shareholders of 42% over the past three years.Board Change • Nov 22Less than half of directors are independentFollowing the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 4 non-independent directors. Independent Director Guisong Liu was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Valuation Update With 7 Day Price Move • Oct 17Investor sentiment improved over the past weekAfter last week's 49% share price gain to CN¥14.46, the stock trades at a trailing P/E ratio of 36.8x. Average trailing P/E is 33x in the Communications industry in China. Total loss to shareholders of 22% over the past three years.Reported Earnings • Oct 11Third quarter 2022 earnings released: EPS: CN¥0.64 (vs CN¥0.082 loss in 3Q 2021)Third quarter 2022 results: EPS: CN¥0.64 (up from CN¥0.082 loss in 3Q 2021). Revenue: CN¥1.40b (up 137% from 3Q 2021). Net income: CN¥161.1m (up CN¥181.7m from 3Q 2021). Profit margin: 12% (up from net loss in 3Q 2021). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has fallen by 18% per year, which means it is significantly lagging earnings.Reported Earnings • Apr 28Full year 2021 earnings: EPS and revenues miss analyst expectationsFull year 2021 results: EPS: CN¥0.27 (up from CN¥1.12 loss in FY 2020). Revenue: CN¥2.92b (up 7.8% from FY 2020). Net income: CN¥67.3m (up CN¥333.6m from FY 2020). Profit margin: 2.3% (up from net loss in FY 2020). The move to profitability was primarily driven by higher revenue. Revenue missed analyst estimates by 11%. Earnings per share (EPS) exceeded analyst estimates. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 55 percentage points per year, which is a significant difference in performance.Reported Earnings • Oct 31Third quarter 2021 earnings released: CN¥0.082 loss per share (vs CN¥0.27 loss in 3Q 2020)The company reported a decent third quarter result with reduced losses and improved control over expenses, although revenues were weaker. Third quarter 2021 results: Revenue: CN¥592.7m (down 15% from 3Q 2020). Net loss: CN¥20.7m (loss narrowed 70% from 3Q 2020). 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.Board Change • Jul 31High number of new directorsNon-Independent Director Zhibo Wang was the last director to join the board, commencing their role in 2020.Reported Earnings • Apr 25First quarter 2021 earnings released: EPS CN¥0.11 (vs CN¥0.27 loss in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: CN¥771.9m (up 36% from 1Q 2020). Net income: CN¥27.5m (up CN¥86.5m from 1Q 2020). Profit margin: 3.6% (up from net loss in 1Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 99 percentage points per year, which is a significant difference in performance.Is New 90 Day High Low • Jan 27New 90-day low: CN¥11.67The company is down 22% from its price of CN¥14.97 on 29 October 2020. The Chinese market is up 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Communications industry, which is down 10.0% over the same period.Is New 90 Day High Low • Dec 11New 90-day low: CN¥14.39The company is down 32% from its price of CN¥21.26 on 11 September 2020. The Chinese market is up 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Communications industry, which is down 4.0% over the same period.Is New 90 Day High Low • Oct 19New 90-day low: CN¥18.85The company is down 33% from its price of CN¥28.28 on 21 July 2020. The Chinese market is up 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Communications industry, which is down 5.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥0.40 per share.Reported Earnings • Oct 17Third quarter earnings releasedOver the last 12 months the company has reported total losses of CN¥94.7m, with earnings decreasing by CN¥106.0m from the prior year. Total revenue was CN¥2.94b over the last 12 months, down 3.1% from the prior year.お知らせ • Oct 15CIG ShangHai Co., Ltd. to Report Q3, 2020 Results on Oct 17, 2020CIG ShangHai Co., Ltd. announced that they will report Q3, 2020 results on Oct 17, 2020Is New 90 Day High Low • Sep 24New 90-day low: CN¥20.37The company is down 32% from its price of CN¥29.89 on 24 June 2020. The Chinese market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Communications industry, which is up 1.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥0.42 per share.お知らせ • Jul 18CIG ShangHai Co., Ltd. to Report First Half, 2020 Results on Aug 29, 2020CIG ShangHai Co., Ltd. announced that they will report first half, 2020 results on Aug 29, 2020決済の安定と成長配当データの取得安定した配当: 603083は 10 年未満配当金を支払っており、この間、支払額は 変動性 が高かった。増加する配当: 603083の配当金は増加していますが、同社は8年間しか配当金を支払っていません。配当利回り対市場CIG Shanghai 配当利回り対市場603083 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 (603083)0.2%市場下位25% (CN)0.4%市場トップ25% (CN)2.1%業界平均 (Communications)0.3%アナリスト予想 (603083) (最長3年)n/a注目すべき配当: 603083の配当金 ( 0.18% ) はCN市場の配当金支払者の下位 25% ( 0.38% ) と比べると目立ったものではありません。高配当: 603083の配当金 ( 0.18% ) はCN市場の配当金支払者の上位 25% ( 2.13% ) 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: 603083の 配当性向 ( 28% ) 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: 603083は配当金を支払っていますが、同社にはフリーキャッシュフローがありません。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2026/06/13 15:09終値2026/06/12 00:00収益2026/03/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋CIG Shanghai Co., Ltd. 2 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Andy YuDBS Bank LtdXiaozijiao ZhangGuotai Haitong/Guotai Junan International Holdings Limited
Declared Dividend • Sep 15First half dividend increased to CN¥0.045Dividend of CN¥0.045 is 51% higher than last year. Ex-date: 17th September 2025 Payment date: 17th September 2025 Dividend yield will be 0.2%, which is lower than the industry average of 1.2%. Sustainability & Growth Dividend is covered by earnings (34% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 16% per year over the past 7 years. However, payments have been volatile during that time. Earnings per share has grown by 51% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
お知らせ • Jun 05CIG Shanghai Co., Ltd. has completed a Follow-on Equity Offering in the amount of HKD 1.975896 billion.CIG Shanghai Co., Ltd. has completed a Follow-on Equity Offering in the amount of HKD 1.975896 billion. Security Name: H Shares Security Type: Common Stock Securities Offered: 15,600,000 Price\Range: HKD 126.66 Transaction Features: Subsequent Direct Listing
Recent Insider Transactions • Jun 04Chairman of the Board recently sold CN¥114m worth of stockOn the 29th of May, Gerald G. Wong sold around 700k shares on-market at roughly CN¥163 per share. This transaction amounted to 2.2% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Gerald G.'s only on-market trade for the last 12 months.
お知らせ • May 30CIG Shanghai Co., Ltd. has filed a Follow-on Equity Offering in the amount of HKD 1.975896 billion.CIG Shanghai Co., Ltd. has filed a Follow-on Equity Offering in the amount of HKD 1.975896 billion. Security Name: H Shares Security Type: Common Stock Securities Offered: 15,600,000 Price\Range: HKD 126.66 Transaction Features: Subsequent Direct Listing
New Risk • Apr 17New 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% 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 Share price has been highly volatile over the past 3 months (10% average weekly change). High level of non-cash earnings (42% accrual ratio). Shareholders have been substantially diluted in the past year (32% increase in shares outstanding).
お知らせ • Apr 03CIG Shanghai Co., Ltd., Annual General Meeting, Apr 28, 2026CIG Shanghai Co., Ltd., Annual General Meeting, Apr 28, 2026, at 13:30 China Standard Time. Location: Building A, No. 800, Puxing Highway, Minhang District, Shanghai China
Reported Earnings • Apr 01Full year 2025 earnings released: EPS: CN¥0.94 (vs CN¥0.62 in FY 2024)Full year 2025 results: EPS: CN¥0.94 (up from CN¥0.62 in FY 2024). Revenue: CN¥4.82b (up 32% from FY 2024). Net income: CN¥263.5m (up 58% from FY 2024). Profit margin: 5.5% (up from 4.6% in FY 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 60% p.a. on average during the next 2 years, compared to a 29% growth forecast for the Communications industry in China. Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has increased by 32% per year, which means it is well ahead of earnings.
お知らせ • Mar 30CIG Shanghai Co., Ltd. to Report Q1, 2026 Results on Apr 30, 2026CIG Shanghai Co., Ltd. announced that they will report Q1, 2026 results on Apr 30, 2026
New Risk • Mar 22New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 32% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). High level of non-cash earnings (35% accrual ratio). Shareholders have been substantially diluted in the past year (32% increase in shares outstanding). Minor Risk Share price has been volatile over the past 3 months (9.3% average weekly change).
お知らせ • Dec 26CIG Shanghai Co., Ltd. to Report Fiscal Year 2025 Results on Mar 31, 2026CIG Shanghai Co., Ltd. announced that they will report fiscal year 2025 results on Mar 31, 2026
Board Change • Dec 12High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Independent Non-Executive Director Shuk Yee Yuen was the last director to join the board, commencing their role in 2025. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
New Risk • Nov 26New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 32% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Share price has been highly volatile over the past 3 months (12% average weekly change). High level of non-cash earnings (35% accrual ratio). Shareholders have been substantially diluted in the past year (32% increase in shares outstanding).
Recent Insider Transactions Derivative • Nov 23Executive Director exercised options to buy CN¥3.7m worth of stock.On the 19th of November, Jie Zhang exercised options to buy 38k shares at a strike price of around CN¥29.18, costing a total of CN¥1.1m. This transaction amounted to 50% of their direct individual holding at the time of the trade. Since December 2024, Jie's direct individual holding has increased from 72.00k shares to 75.70k. Company insiders have collectively bought CN¥2.2m more than they sold, via options and on-market transactions, in the last 12 months.
New Risk • Oct 30New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 25% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Share price has been highly volatile over the past 3 months (13% average weekly change). High level of non-cash earnings (35% accrual ratio). Minor Risk Shareholders have been diluted in the past year (25% increase in shares outstanding).
Reported Earnings • Oct 27Third quarter 2025 earnings released: EPS: CN¥0.52 (vs CN¥0.27 in 3Q 2024)Third quarter 2025 results: EPS: CN¥0.52 (up from CN¥0.27 in 3Q 2024). Revenue: CN¥1.32b (up 32% from 3Q 2024). Net income: CN¥138.4m (up 93% from 3Q 2024). Profit margin: 10% (up from 7.2% in 3Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has increased by 113% per year, which means it is well ahead of earnings.
お知らせ • Oct 21CIG Shanghai Co., Ltd. has filed a Follow-on Equity Offering in the amount of HKD 4.615683 billion.CIG Shanghai Co., Ltd. has filed a Follow-on Equity Offering in the amount of HKD 4.615683 billion. Security Name: H Shares Security Type: Common Stock Securities Offered: 6,701,050 Price(maximum): HKD 68.88 Discount Per Security: HKD 0.6888 Security Name: H Shares Security Type: Common Stock Securities Offered: 27,546,700 Price(maximum): HKD 68.88 Discount Per Security: HKD 0.6888 Security Name: H Shares Security Type: Common Stock Securities Offered: 32,762,750 Price(maximum): HKD 68.88 Discount Per Security: HKD 0.6888 Transaction Features: New Market Listing; Regulation S; Sponsor Backed Offering
お知らせ • Sep 30CIG Shanghai Co., Ltd. to Report Q3, 2025 Results on Oct 27, 2025CIG Shanghai Co., Ltd. announced that they will report Q3, 2025 results on Oct 27, 2025
Declared Dividend • Sep 15First half dividend increased to CN¥0.045Dividend of CN¥0.045 is 51% higher than last year. Ex-date: 17th September 2025 Payment date: 17th September 2025 Dividend yield will be 0.2%, which is lower than the industry average of 1.2%. Sustainability & Growth Dividend is covered by earnings (34% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 16% per year over the past 7 years. However, payments have been volatile during that time. Earnings per share has grown by 51% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
Reported Earnings • Aug 21Second quarter 2025 earnings released: EPS: CN¥0.33 (vs CN¥0.20 in 2Q 2024)Second quarter 2025 results: EPS: CN¥0.33 (up from CN¥0.20 in 2Q 2024). Revenue: CN¥1.14b (up 25% from 2Q 2024). Net income: CN¥89.5m (up 66% from 2Q 2024). Profit margin: 7.8% (up from 5.9% in 2Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has increased by 81% per year, which means it is tracking significantly ahead of earnings growth.
New Risk • Jul 02New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 8.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (8.3% average weekly change).
お知らせ • Jun 30CIG Shanghai Co., Ltd. to Report First Half, 2025 Results on Aug 19, 2025CIG Shanghai Co., Ltd. announced that they will report first half, 2025 results on Aug 19, 2025
Valuation Update With 7 Day Price Move • Jun 06Investor sentiment improves as stock rises 24%After last week's 24% share price gain to CN¥45.11, the stock trades at a trailing P/E ratio of 70.2x. Average trailing P/E is 68x in the Communications industry in China. Total returns to shareholders of 353% over the past three years.
Buy Or Sell Opportunity • May 28Now 20% overvaluedOver the last 90 days, the stock has fallen 8.0% to CN¥37.61. The fair value is estimated to be CN¥31.30, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company has become profitable.
Valuation Update With 7 Day Price Move • May 09Investor sentiment improves as stock rises 15%After last week's 15% share price gain to CN¥38.99, the stock trades at a trailing P/E ratio of 60.7x. Average trailing P/E is 74x in the Communications industry in China. Total returns to shareholders of 304% over the past three years.
Buy Or Sell Opportunity • May 08Now 21% overvaluedOver the last 90 days, the stock has fallen 9.7% to CN¥38.07. The fair value is estimated to be CN¥31.42, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company has become profitable.
New Risk • Apr 12New 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: 0.8% 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.
Reported Earnings • Apr 08Full year 2024 earnings released: EPS: CN¥0.62 (vs CN¥0.36 in FY 2023)Full year 2024 results: EPS: CN¥0.62 (up from CN¥0.36 in FY 2023). Revenue: CN¥3.65b (up 18% from FY 2023). Net income: CN¥166.7m (up 75% from FY 2023). Profit margin: 4.6% (up from 3.1% in FY 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has increased by 38% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Apr 08CIG ShangHai Co., Ltd., Annual General Meeting, Apr 28, 2025CIG ShangHai Co., Ltd., Annual General Meeting, Apr 28, 2025, at 13:30 China Standard Time. Location: Building A, No. 800, Puxing Highway, Minhang District, Shanghai China
お知らせ • Mar 28CIG ShangHai Co., Ltd. to Report Q1, 2025 Results on Apr 30, 2025CIG ShangHai Co., Ltd. announced that they will report Q1, 2025 results on Apr 30, 2025
New Risk • Mar 18New 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 8.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (8.0% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (3.6% net profit margin).
Valuation Update With 7 Day Price Move • Jan 03Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to CN¥37.00, the stock trades at a trailing P/E ratio of 78.4x. Average trailing P/E is 68x in the Communications industry in China. Total returns to shareholders of 187% over the past three years.
お知らせ • Dec 27CIG ShangHai Co., Ltd. to Report Fiscal Year 2024 Results on Apr 08, 2025CIG ShangHai Co., Ltd. announced that they will report fiscal year 2024 results on Apr 08, 2025
New Risk • Nov 15New 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 10% 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 (10% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (3.6% net profit margin).
New Risk • Oct 22New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 37% 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 Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (3.6% net profit margin).
Reported Earnings • Oct 19Third quarter 2024 earnings released: EPS: CN¥0.27 (vs CN¥0.13 loss in 3Q 2023)Third quarter 2024 results: EPS: CN¥0.27 (up from CN¥0.13 loss in 3Q 2023). Revenue: CN¥1.00b (up 70% from 3Q 2023). Net income: CN¥71.7m (up CN¥107.4m from 3Q 2023). Profit margin: 7.2% (up from net loss in 3Q 2023). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 39% per year whereas the company’s share price has increased by 37% per year.
お知らせ • Sep 30CIG ShangHai Co., Ltd. to Report Q3, 2024 Results on Oct 19, 2024CIG ShangHai Co., Ltd. announced that they will report Q3, 2024 results on Oct 19, 2024
Buy Or Sell Opportunity • Sep 30Now 24% overvalued after recent price riseOver the last 90 days, the stock has risen 5.2% to CN¥34.16. The fair value is estimated to be CN¥27.51, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 6.1% over the last 3 years. Meanwhile, the company has become profitable.
New Risk • Sep 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 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 Share price has been volatile over the past 3 months (6.8% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.6% net profit margin).
Reported Earnings • Aug 09Second quarter 2024 earnings released: EPS: CN¥0.20 (vs CN¥0.32 in 2Q 2023)Second quarter 2024 results: EPS: CN¥0.20 (down from CN¥0.32 in 2Q 2023). Revenue: CN¥912.9m (up 37% from 2Q 2023). Net income: CN¥54.0m (down 36% from 2Q 2023). Profit margin: 5.9% (down from 13% in 2Q 2023). Over the last 3 years on average, earnings per share has increased by 60% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth.
お知らせ • Jun 28CIG ShangHai Co., Ltd. to Report First Half, 2024 Results on Aug 09, 2024CIG ShangHai Co., Ltd. announced that they will report first half, 2024 results on Aug 09, 2024
Reported Earnings • Apr 24First quarter 2024 earnings released: EPS: CN¥0.10 (vs CN¥0.27 in 1Q 2023)First quarter 2024 results: EPS: CN¥0.10 (down from CN¥0.27 in 1Q 2023). Revenue: CN¥849.5m (down 21% from 1Q 2023). Net income: CN¥26.0m (down 64% from 1Q 2023). Profit margin: 3.1% (down from 6.7% in 1Q 2023). Over the last 3 years on average, earnings per share has increased by 84% per year but the company’s share price has only increased by 38% per year, which means it is significantly lagging earnings growth.
お知らせ • Mar 30CIG ShangHai Co., Ltd. to Report Q1, 2024 Results on Apr 23, 2024CIG ShangHai Co., Ltd. announced that they will report Q1, 2024 results on Apr 23, 2024
お知らせ • Mar 19CIG ShangHai Co., Ltd., Annual General Meeting, Apr 08, 2024CIG ShangHai Co., Ltd., Annual General Meeting, Apr 08, 2024, at 14:00 China Standard Time. Location: Building A, No. 800, Puxing Highway, Minhang District, Shanghai China
Reported Earnings • Mar 19Full year 2023 earnings released: EPS: CN¥0.36 (vs CN¥0.67 in FY 2022)Full year 2023 results: EPS: CN¥0.36 (down from CN¥0.67 in FY 2022). Revenue: CN¥3.09b (down 19% from FY 2022). Net income: CN¥95.0m (down 45% from FY 2022). Profit margin: 3.1% (down from 4.5% in FY 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 103% per year but the company’s share price has only increased by 61% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Feb 07Investor sentiment improves as stock rises 20%After last week's 20% share price gain to CN¥41.68, the stock trades at a trailing P/E ratio of 51.4x. Average trailing P/E is 35x in the Communications industry in China. Total returns to shareholders of 273% over the past three years.
Valuation Update With 7 Day Price Move • Jan 19Investor sentiment improves as stock rises 17%After last week's 17% share price gain to CN¥38.08, the stock trades at a trailing P/E ratio of 46.9x. Average trailing P/E is 44x in the Communications industry in China. Total returns to shareholders of 203% over the past three years.
お知らせ • Dec 29CIG ShangHai Co., Ltd. to Report Fiscal Year 2023 Results on Mar 15, 2024CIG ShangHai Co., Ltd. announced that they will report fiscal year 2023 results on Mar 15, 2024
Reported Earnings • Oct 20Third quarter 2023 earnings released: CN¥0.13 loss per share (vs CN¥0.64 profit in 3Q 2022)Third quarter 2023 results: CN¥0.13 loss per share (down from CN¥0.64 profit in 3Q 2022). Revenue: CN¥590.7m (down 58% from 3Q 2022). Net loss: CN¥35.6m (down 122% from profit in 3Q 2022). Over the last 3 years on average, earnings per share has increased by 109% per year but the company’s share price has only increased by 36% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Oct 18Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to CN¥42.91, the stock trades at a trailing P/E ratio of 27.8x. Average trailing P/E is 54x in the Communications industry in China. Total returns to shareholders of 149% over the past three years.
お知らせ • Sep 30CIG ShangHai Co., Ltd. to Report Q3, 2023 Results on Oct 20, 2023CIG ShangHai Co., Ltd. announced that they will report Q3, 2023 results on Oct 20, 2023
Valuation Update With 7 Day Price Move • Sep 25Investor sentiment improves as stock rises 25%After last week's 25% share price gain to CN¥52.91, the stock trades at a trailing P/E ratio of 34.2x. Average trailing P/E is 52x in the Communications industry in China. Total returns to shareholders of 171% over the past three years.
Reported Earnings • Aug 05Second quarter 2023 earnings released: EPS: CN¥0.32 (vs CN¥0.078 in 2Q 2022)Second quarter 2023 results: EPS: CN¥0.32 (up from CN¥0.078 in 2Q 2022). Revenue: CN¥665.5m (down 31% from 2Q 2022). Net income: CN¥84.5m (up 321% from 2Q 2022). Profit margin: 13% (up from 2.1% in 2Q 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 106% per year but the company’s share price has only increased by 28% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Jul 21Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to CN¥53.69, the stock trades at a trailing P/E ratio of 41.2x. Average trailing P/E is 52x in the Communications industry in China. Total returns to shareholders of 99% over the past three years.
Valuation Update With 7 Day Price Move • Jun 27Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to CN¥62.62, the stock trades at a trailing P/E ratio of 48x. Average trailing P/E is 60x in the Communications industry in China. Total returns to shareholders of 108% over the past three years.
Valuation Update With 7 Day Price Move • May 25Investor sentiment improves as stock rises 18%After last week's 18% share price gain to CN¥68.19, the stock trades at a trailing P/E ratio of 52.3x. Average trailing P/E is 50x in the Communications industry in China. Total returns to shareholders of 159% over the past three years.
Valuation Update With 7 Day Price Move • May 11Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to CN¥55.48, the stock trades at a trailing P/E ratio of 42.5x. Average trailing P/E is 45x in the Communications industry in China. Total returns to shareholders of 76% over the past three years.
Valuation Update With 7 Day Price Move • Apr 24Investor sentiment improves as stock rises 39%After last week's 39% share price gain to CN¥60.20, the stock trades at a trailing P/E ratio of 45.1x. Average trailing P/E is 49x in the Communications industry in China. Total returns to shareholders of 112% over the past three years.
Valuation Update With 7 Day Price Move • Mar 20Investor sentiment improves as stock rises 15%After last week's 15% share price gain to CN¥25.95, the stock trades at a trailing P/E ratio of 38.8x. Average trailing P/E is 44x in the Communications industry in China. Total returns to shareholders of 11% over the past three years.
Reported Earnings • Mar 14Full year 2022 earnings released: EPS: CN¥0.69 (vs CN¥0.27 in FY 2021)Full year 2022 results: EPS: CN¥0.69 (up from CN¥0.27 in FY 2021). Revenue: CN¥3.79b (up 30% from FY 2021). Net income: CN¥171.1m (up 154% from FY 2021). Profit margin: 4.5% (up from 2.3% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 47% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.
Valuation Update With 7 Day Price Move • Feb 24Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CN¥18.07, the stock trades at a trailing P/E ratio of 45.9x. Average trailing P/E is 42x in the Communications industry in China. Total loss to shareholders of 31% over the past three years.
Valuation Update With 7 Day Price Move • Feb 09Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CN¥15.73, the stock trades at a trailing P/E ratio of 40x. Average trailing P/E is 41x in the Communications industry in China. Total loss to shareholders of 42% over the past three years.
Board Change • Nov 22Less than half of directors are independentFollowing the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 4 non-independent directors. Independent Director Guisong Liu was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Valuation Update With 7 Day Price Move • Oct 17Investor sentiment improved over the past weekAfter last week's 49% share price gain to CN¥14.46, the stock trades at a trailing P/E ratio of 36.8x. Average trailing P/E is 33x in the Communications industry in China. Total loss to shareholders of 22% over the past three years.
Reported Earnings • Oct 11Third quarter 2022 earnings released: EPS: CN¥0.64 (vs CN¥0.082 loss in 3Q 2021)Third quarter 2022 results: EPS: CN¥0.64 (up from CN¥0.082 loss in 3Q 2021). Revenue: CN¥1.40b (up 137% from 3Q 2021). Net income: CN¥161.1m (up CN¥181.7m from 3Q 2021). Profit margin: 12% (up from net loss in 3Q 2021). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has fallen by 18% per year, which means it is significantly lagging earnings.
Reported Earnings • Apr 28Full year 2021 earnings: EPS and revenues miss analyst expectationsFull year 2021 results: EPS: CN¥0.27 (up from CN¥1.12 loss in FY 2020). Revenue: CN¥2.92b (up 7.8% from FY 2020). Net income: CN¥67.3m (up CN¥333.6m from FY 2020). Profit margin: 2.3% (up from net loss in FY 2020). The move to profitability was primarily driven by higher revenue. Revenue missed analyst estimates by 11%. Earnings per share (EPS) exceeded analyst estimates. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 55 percentage points per year, which is a significant difference in performance.
Reported Earnings • Oct 31Third quarter 2021 earnings released: CN¥0.082 loss per share (vs CN¥0.27 loss in 3Q 2020)The company reported a decent third quarter result with reduced losses and improved control over expenses, although revenues were weaker. Third quarter 2021 results: Revenue: CN¥592.7m (down 15% from 3Q 2020). Net loss: CN¥20.7m (loss narrowed 70% from 3Q 2020). 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.
Board Change • Jul 31High number of new directorsNon-Independent Director Zhibo Wang was the last director to join the board, commencing their role in 2020.
Reported Earnings • Apr 25First quarter 2021 earnings released: EPS CN¥0.11 (vs CN¥0.27 loss in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: CN¥771.9m (up 36% from 1Q 2020). Net income: CN¥27.5m (up CN¥86.5m from 1Q 2020). Profit margin: 3.6% (up from net loss in 1Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 99 percentage points per year, which is a significant difference in performance.
Is New 90 Day High Low • Jan 27New 90-day low: CN¥11.67The company is down 22% from its price of CN¥14.97 on 29 October 2020. The Chinese market is up 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Communications industry, which is down 10.0% over the same period.
Is New 90 Day High Low • Dec 11New 90-day low: CN¥14.39The company is down 32% from its price of CN¥21.26 on 11 September 2020. The Chinese market is up 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Communications industry, which is down 4.0% over the same period.
Is New 90 Day High Low • Oct 19New 90-day low: CN¥18.85The company is down 33% from its price of CN¥28.28 on 21 July 2020. The Chinese market is up 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Communications industry, which is down 5.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥0.40 per share.
Reported Earnings • Oct 17Third quarter earnings releasedOver the last 12 months the company has reported total losses of CN¥94.7m, with earnings decreasing by CN¥106.0m from the prior year. Total revenue was CN¥2.94b over the last 12 months, down 3.1% from the prior year.
お知らせ • Oct 15CIG ShangHai Co., Ltd. to Report Q3, 2020 Results on Oct 17, 2020CIG ShangHai Co., Ltd. announced that they will report Q3, 2020 results on Oct 17, 2020
Is New 90 Day High Low • Sep 24New 90-day low: CN¥20.37The company is down 32% from its price of CN¥29.89 on 24 June 2020. The Chinese market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Communications industry, which is up 1.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥0.42 per share.
お知らせ • Jul 18CIG ShangHai Co., Ltd. to Report First Half, 2020 Results on Aug 29, 2020CIG ShangHai Co., Ltd. announced that they will report first half, 2020 results on Aug 29, 2020