View Financial HealthShenzhen Gongjin Electronics 配当と自社株買い配当金 基準チェック /06Shenzhen Gongjin Electronics配当を支払う会社であり、現在の利回りは0.17%です。主要情報0.2%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-3.3%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30%最近の配当と自社株買いの更新お知らせ • Jun 05Shenzhen Gongjin Electronics Co., Ltd. (SHSE:603118) announces an Equity Buyback for CNY 200 million worth of its shares.Shenzhen Gongjin Electronics Co., Ltd. (SHSE:603118) announces a share repurchase program. Under the program, the company will repurchase up to CNY 200 million worth of its A shares. The shares will be purchased at a price not exceeding CNY 22.54 per share. The repurchased shares will be used for ESOP and/or equity incentives and shares not used within 3 years after the completion of the repurchase will be cancelled. The repurchase will be funded from company's own or self-financing. The program will be valid for 12 months from board approval date.Declared Dividend • May 30Dividend of CN¥0.13 announcedShareholders will receive a dividend of CN¥0.13. Ex-date: 3rd June 2024 Payment date: 3rd June 2024 Dividend yield will be 1.8%, which is higher than the industry average of 1.2%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months and having 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 2.2% per year over the past 9 years. However, payments have been volatile during that time.すべての更新を表示Recent updatesNew Risk • Aug 19New 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 13% 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 (13% average weekly change). Earnings have declined by 53% per year over the past 5 years.お知らせ • Jun 30Shenzhen Gongjin Electronics Co., Ltd. to Report First Half, 2026 Results on Aug 26, 2026Shenzhen Gongjin Electronics Co., Ltd. announced that they will report first half, 2026 results on Aug 26, 2026お知らせ • Jun 05Shenzhen Gongjin Electronics Co., Ltd. (SHSE:603118) announces an Equity Buyback for CNY 200 million worth of its shares.Shenzhen Gongjin Electronics Co., Ltd. (SHSE:603118) announces a share repurchase program. Under the program, the company will repurchase up to CNY 200 million worth of its A shares. The shares will be purchased at a price not exceeding CNY 22.54 per share. The repurchased shares will be used for ESOP and/or equity incentives and shares not used within 3 years after the completion of the repurchase will be cancelled. The repurchase will be funded from company's own or self-financing. The program will be valid for 12 months from board approval date.Reported Earnings • Apr 25Full year 2025 earnings released: EPS: CN¥0.10 (vs CN¥0.10 loss in FY 2024)Full year 2025 results: EPS: CN¥0.10 (up from CN¥0.10 loss in FY 2024). Revenue: CN¥9.20b (up 9.8% from FY 2024). Net income: CN¥77.8m (up CN¥157.7m from FY 2024). Profit margin: 0.8% (up from net loss in FY 2024). 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.お知らせ • Apr 25Shenzhen Gongjin Electronics Co., Ltd., Annual General Meeting, May 15, 2026Shenzhen Gongjin Electronics Co., Ltd., Annual General Meeting, May 15, 2026, at 14:30 China Standard Time. Location: 8F, Building 4, No. 2, Danzi North Road, Kengzi Subdistrict, Pingshan District, Shenzhen, Guangdong ChinaNew Risk • Apr 23New 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: Major Risk Earnings have declined by 52% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (8.0% average weekly change).お知らせ • Mar 30Shenzhen Gongjin Electronics Co., Ltd. to Report Q1, 2026 Results on Apr 28, 2026Shenzhen Gongjin Electronics Co., Ltd. announced that they will report Q1, 2026 results on Apr 28, 2026お知らせ • Dec 26Shenzhen Gongjin Electronics Co., Ltd. to Report Fiscal Year 2025 Results on Apr 28, 2026Shenzhen Gongjin Electronics Co., Ltd. announced that they will report fiscal year 2025 results on Apr 28, 2026New Risk • Dec 23New major risk - Revenue and earnings growthEarnings have declined by 52% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. This is currently the only risk that has been identified for the company.Reported Earnings • Oct 30Third quarter 2025 earnings released: EPS: CN¥0.041 (vs CN¥0.074 in 3Q 2024)Third quarter 2025 results: EPS: CN¥0.041 (down from CN¥0.074 in 3Q 2024). Revenue: CN¥2.39b (up 16% from 3Q 2024). Net income: CN¥28.8m (down 4.5% from 3Q 2024). Profit margin: 1.2% (down from 1.5% in 3Q 2024). Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 24% growth forecast for the Communications industry in China. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 121 percentage points per year, which is a significant difference in performance.New Risk • Oct 07New 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 7.1% 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. This is currently the only risk that has been identified for the company.お知らせ • Sep 30Shenzhen Gongjin Electronics Co., Ltd. to Report Q3, 2025 Results on Oct 30, 2025Shenzhen Gongjin Electronics Co., Ltd. announced that they will report Q3, 2025 results on Oct 30, 2025お知らせ • Jun 30Shenzhen Gongjin Electronics Co., Ltd. to Report First Half, 2025 Results on Aug 30, 2025Shenzhen Gongjin Electronics Co., Ltd. announced that they will report first half, 2025 results on Aug 30, 2025お知らせ • Apr 29Shenzhen Gongjin Electronics Co., Ltd., Annual General Meeting, May 20, 2025Shenzhen Gongjin Electronics Co., Ltd., Annual General Meeting, May 20, 2025, at 14:30 China Standard Time.お知らせ • Mar 28Shenzhen Gongjin Electronics Co., Ltd. to Report Q1, 2025 Results on Apr 29, 2025Shenzhen Gongjin Electronics Co., Ltd. announced that they will report Q1, 2025 results on Apr 29, 2025New Risk • Feb 27New 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 11% 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 (11% average weekly change). Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows.分析記事 • Feb 26Improved Revenues Required Before Shenzhen Gongjin Electronics Co., Ltd. (SHSE:603118) Stock's 45% Jump Looks JustifiedDespite an already strong run, Shenzhen Gongjin Electronics Co., Ltd. ( SHSE:603118 ) shares have been powering on...分析記事 • Feb 24Shenzhen Gongjin Electronics (SHSE:603118) Is Finding It Tricky To Allocate Its CapitalIf you're looking at a mature business that's past the growth phase, what are some of the underlying trends that pop...New Risk • Jan 16New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 9.2% 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 Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Minor Risk Share price has been volatile over the past 3 months (9.2% average weekly change).分析記事 • Jan 08Shenzhen Gongjin Electronics Co., Ltd. (SHSE:603118) Stock Catapults 26% Though Its Price And Business Still Lag The IndustryShenzhen Gongjin Electronics Co., Ltd. ( SHSE:603118 ) shares have continued their recent momentum with a 26% gain in...お知らせ • Dec 27Shenzhen Gongjin Electronics Co., Ltd. to Report Fiscal Year 2024 Results on Apr 29, 2025Shenzhen Gongjin Electronics Co., Ltd. announced that they will report fiscal year 2024 results on Apr 29, 2025分析記事 • Dec 20Is Shenzhen Gongjin Electronics (SHSE:603118) Using Too Much Debt?The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...分析記事 • Nov 11Shenzhen Gongjin Electronics Co., Ltd.'s (SHSE:603118) Shares Bounce 28% But Its Business Still Trails The IndustryDespite an already strong run, Shenzhen Gongjin Electronics Co., Ltd. ( SHSE:603118 ) shares have been powering on...Reported Earnings • Oct 30Third quarter 2024 earnings released: EPS: CN¥0.074 (vs CN¥0.028 loss in 3Q 2023)Third quarter 2024 results: EPS: CN¥0.074 (up from CN¥0.028 loss in 3Q 2023). Revenue: CN¥2.06b (down 11% from 3Q 2023). Net income: CN¥30.2m (up CN¥52.6m from 3Q 2023). Profit margin: 1.5% (up from net loss in 3Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 81 percentage points per year, which is a significant difference in performance.お知らせ • Sep 30Shenzhen Gongjin Electronics Co., Ltd. to Report Q3, 2024 Results on Oct 30, 2024Shenzhen Gongjin Electronics Co., Ltd. announced that they will report Q3, 2024 results on Oct 30, 2024分析記事 • Sep 19Does Shenzhen Gongjin Electronics (SHSE:603118) Have A Healthy Balance Sheet?Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...New Risk • Aug 26New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 7.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Earnings have declined by 23% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (7.4% average weekly change).分析記事 • Aug 23Shenzhen Gongjin Electronics Co., Ltd. (SHSE:603118) Shares Fly 26% But Investors Aren't Buying For GrowthShenzhen Gongjin Electronics Co., Ltd. ( SHSE:603118 ) shareholders are no doubt pleased to see that the share price...Reported Earnings • Aug 20Second quarter 2024 earnings released: CN¥0.022 loss per share (vs CN¥0.16 profit in 2Q 2023)Second quarter 2024 results: CN¥0.022 loss per share (down from CN¥0.16 profit in 2Q 2023). Revenue: CN¥2.07b (down 7.3% from 2Q 2023). Net loss: CN¥22.5m (down 118% from profit in 2Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 52 percentage points per year, which is a significant difference in performance.分析記事 • Jul 16Shenzhen Gongjin Electronics (SHSE:603118) Is Finding It Tricky To Allocate Its CapitalIgnoring the stock price of a company, what are the underlying trends that tell us a business is past the growth phase...お知らせ • Jun 28Shenzhen Gongjin Electronics Co., Ltd. to Report First Half, 2024 Results on Aug 20, 2024Shenzhen Gongjin Electronics Co., Ltd. announced that they will report first half, 2024 results on Aug 20, 2024分析記事 • Jun 19The Market Doesn't Like What It Sees From Shenzhen Gongjin Electronics Co., Ltd.'s (SHSE:603118) Revenues YetYou may think that with a price-to-sales (or "P/S") ratio of 0.7x Shenzhen Gongjin Electronics Co., Ltd. ( SHSE:603118...New Risk • Jun 17New major risk - Revenue and earnings growthEarnings have declined by 14% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Earnings have declined by 14% per year over the past 5 years.Declared Dividend • May 30Dividend of CN¥0.13 announcedShareholders will receive a dividend of CN¥0.13. Ex-date: 3rd June 2024 Payment date: 3rd June 2024 Dividend yield will be 1.8%, which is higher than the industry average of 1.2%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months and having 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 2.2% per year over the past 9 years. However, payments have been volatile during that time.分析記事 • May 21Shenzhen Gongjin Electronics (SHSE:603118) Has A Somewhat Strained Balance SheetDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...お知らせ • Apr 30Shenzhen Gongjin Electronics Co., Ltd., Annual General Meeting, May 20, 2024Shenzhen Gongjin Electronics Co., Ltd., Annual General Meeting, May 20, 2024, at 14:30 China Standard Time. Location: 8F, Building 4, No. 2, Danzi North Road, Kengzi Subdistrict, Pingshan District, Shenzhen, Guangdong ChinaReported Earnings • Apr 29Full year 2023 earnings: EPS and revenues miss analyst expectationsFull year 2023 results: EPS: CN¥0.08 (down from CN¥0.29 in FY 2022). Revenue: CN¥8.53b (down 22% from FY 2022). Net income: CN¥64.7m (down 72% from FY 2022). Profit margin: 0.8% (down from 2.1% in FY 2022). Revenue missed analyst estimates by 28%. Earnings per share (EPS) also missed analyst estimates by 88%. Revenue is forecast to grow 36% p.a. on average during the next 2 years, compared to a 23% growth forecast for the Communications industry in China. Over the last 3 years on average, earnings per share has fallen by 32% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings.お知らせ • Mar 30Shenzhen Gongjin Electronics Co., Ltd. to Report Q1, 2024 Results on Apr 29, 2024Shenzhen Gongjin Electronics Co., Ltd. announced that they will report Q1, 2024 results on Apr 29, 2024分析記事 • Feb 27Sentiment Still Eluding Shenzhen Gongjin Electronics Co., Ltd. (SHSE:603118)Shenzhen Gongjin Electronics Co., Ltd.'s ( SHSE:603118 ) price-to-sales (or "P/S") ratio of 0.7x might make it look...Valuation Update With 7 Day Price Move • Feb 05Investor sentiment deteriorates as stock falls 24%After last week's 24% share price decline to CN¥5.55, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 20x in the Communications industry in China. Total loss to shareholders of 28% over the past three years.お知らせ • Dec 29Shenzhen Gongjin Electronics Co., Ltd. to Report Fiscal Year 2023 Results on Apr 29, 2024Shenzhen Gongjin Electronics Co., Ltd. announced that they will report fiscal year 2023 results on Apr 29, 2024Reported Earnings • Nov 01Third quarter 2023 earnings released: CN¥0.028 loss per share (vs CN¥0.20 profit in 3Q 2022)Third quarter 2023 results: CN¥0.028 loss per share (down from CN¥0.20 profit in 3Q 2022). Revenue: CN¥2.31b (down 20% from 3Q 2022). Net loss: CN¥22.4m (down 114% from profit in 3Q 2022). Revenue is forecast to grow 25% p.a. on average during the next 3 years, compared to a 23% growth forecast for the Communications industry in China. Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings.Reported Earnings • Sep 04Second quarter 2023 earnings released: EPS: CN¥0.16 (vs CN¥0.20 in 2Q 2022)Second quarter 2023 results: EPS: CN¥0.16 (down from CN¥0.20 in 2Q 2022). Revenue: CN¥2.23b (down 19% from 2Q 2022). Net income: CN¥125.6m (down 11% from 2Q 2022). Profit margin: 5.6% (up from 5.1% in 2Q 2022). Revenue is forecast to grow 23% p.a. on average during the next 3 years, compared to a 22% growth forecast for the Communications industry in China. Over the last 3 years on average, earnings per share has fallen by 7% per year whereas the company’s share price has fallen by 5% per year.Valuation Update With 7 Day Price Move • Jul 03Investor sentiment improves as stock rises 19%After last week's 19% share price gain to CN¥14.03, the stock trades at a forward P/E ratio of 25x. Average forward P/E is 30x in the Communications industry in China. Total returns to shareholders of 14% over the past three years.New Risk • Jun 29New 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 9.3% 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 Risk Share price has been highly volatile over the past 3 months (9.3% average weekly change). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (2.4% net profit margin).Valuation Update With 7 Day Price Move • Jun 15Investor sentiment improves as stock rises 15%After last week's 15% share price gain to CN¥10.41, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 30x in the Communications industry in China. Total loss to shareholders of 9.6% over the past three years.Reported Earnings • Apr 22Full year 2022 earnings: EPS and revenues miss analyst expectationsFull year 2022 results: EPS: CN¥0.29 (down from CN¥0.51 in FY 2021). Revenue: CN¥11.0b (up 1.5% from FY 2021). Net income: CN¥226.7m (down 43% from FY 2021). Profit margin: 2.1% (down from 3.7% in FY 2021). Revenue missed analyst estimates by 7.5%. Earnings per share (EPS) also missed analyst estimates by 46%. Revenue is forecast to grow 20% p.a. on average during the next 2 years, compared to a 18% growth forecast for the Communications industry in China. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings.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. 2 experienced directors. 5 highly experienced directors. 1 independent director (5 non-independent directors). Independent Director Tao Ding was the last independent director to join the board, commencing their role in 2017. 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¥0.20 (vs CN¥0.13 in 3Q 2021)Third quarter 2022 results: EPS: CN¥0.20 (up from CN¥0.13 in 3Q 2021). Revenue: CN¥2.88b (up 3.8% from 3Q 2021). Net income: CN¥159.8m (up 67% from 3Q 2021). Profit margin: 5.6% (up from 3.5% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 19% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Communications industry in China. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings.Valuation Update With 7 Day Price Move • Oct 17Investor sentiment improved over the past weekAfter last week's 17% share price gain to CN¥9.44, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 23x in the Communications industry in China. Total loss to shareholders of 19% over the past three years.Valuation Update With 7 Day Price Move • Sep 07Investor sentiment improved over the past weekAfter last week's 16% share price gain to CN¥9.47, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 24x in the Communications industry in China. Total loss to shareholders of 24% over the past three years.Reported Earnings • Aug 10Second quarter 2022 earnings released: EPS: CN¥0.20 (vs CN¥0.17 in 2Q 2021)Second quarter 2022 results: EPS: CN¥0.20 (up from CN¥0.17 in 2Q 2021). Revenue: CN¥2.74b (up 10.0% from 2Q 2021). Net income: CN¥140.6m (up 4.2% from 2Q 2021). Profit margin: 5.1% (down from 5.4% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings.Reported Earnings • Apr 28First quarter 2022 earnings released: EPS: CN¥0.06 (vs CN¥0.08 in 1Q 2021)First quarter 2022 results: EPS: CN¥0.06 (down from CN¥0.08 in 1Q 2021). Revenue: CN¥2.46b (down 3.3% from 1Q 2021). Net income: CN¥50.3m (down 17% from 1Q 2021). Profit margin: 2.0% (down from 2.4% in 1Q 2021). The decrease in margin was driven by lower 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 12% per year, which means it is significantly lagging earnings.Board Change • Apr 27Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. No highly experienced directors. 2 independent directors (5 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 • Apr 16Full year 2021 earnings released: EPS: CN¥0.51 (vs CN¥0.45 in FY 2020)Full year 2021 results: EPS: CN¥0.51 (up from CN¥0.45 in FY 2020). Revenue: CN¥10.8b (up 22% from FY 2020). Net income: CN¥395.6m (up 14% from FY 2020). Profit margin: 3.7% (down from 3.9% in FY 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings.Reported Earnings • Oct 19Third quarter 2021 earnings released: EPS CN¥0.13 (vs CN¥0.15 in 3Q 2020)The company reported a soft third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: CN¥2.77b (up 18% from 3Q 2020). Net income: CN¥95.7m (down 19% from 3Q 2020). Profit margin: 3.5% (down from 5.1% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 21% per year whereas the company’s share price has increased by 20% per year.Reported Earnings • Aug 30Second quarter 2021 earnings released: EPS CN¥0.17 (vs CN¥0.15 in 2Q 2020)The company reported a solid second quarter result with improved earnings and revenues, although profit margins were weaker. Second quarter 2021 results: Revenue: CN¥2.49b (up 14% from 2Q 2020). Net income: CN¥135.0m (up 4.9% from 2Q 2020). Profit margin: 5.4% (down from 5.9% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth.Reported Earnings • Apr 26Full year 2020 earnings released: EPS CN¥0.45 (vs CN¥0.40 in FY 2019)The company reported a solid full year result with improved earnings and revenues, although profit margins were weaker. Full year 2020 results: Revenue: CN¥8.84b (up 13% from FY 2019). Net income: CN¥346.7m (up 12% from FY 2019). Profit margin: 3.9% (down from 4.0% in FY 2019). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 51% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.Is New 90 Day High Low • Jan 25New 90-day low: CN¥9.35The company is down 24% from its price of CN¥12.35 on 27 October 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 down 7.0% over the same period.Is New 90 Day High Low • Dec 22New 90-day low: CN¥10.73The company is down 12% from its price of CN¥12.23 on 23 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 Communications industry, which is down 8.0% over the same period.Is New 90 Day High Low • Oct 30New 90-day low: CN¥11.62The company is down 13% from its price of CN¥13.38 on 31 July 2020. The Chinese market is down 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Communications industry, which is down 9.0% over the same period.Reported Earnings • Oct 28Third quarter earnings releasedOver the last 12 months the company has reported total profits of CN¥343.6m, largely unchanged from the prior year. Total revenue was CN¥8.04b over the last 12 months, down 4.8% from the prior year.決済の安定と成長配当データの取得安定した配当: 603118はCN市場で注目すべき配当金を支払っていないため、支払いが安定しているかどうかを確認する必要はありません。増加する配当: 603118はCN市場で注目すべき配当金を支払っていないため、支払額が増加しているかどうかを確認する必要はありません。配当利回り対市場Shenzhen Gongjin Electronics 配当利回り対市場603118 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 (603118)0.2%市場下位25% (CN)0.4%市場トップ25% (CN)2.2%業界平均 (Communications)0.4%アナリスト予想 (603118) (最長3年)n/a注目すべき配当: 603118の配当金 ( 0.17% ) はCN市場の配当金支払者の下位 25% ( 0.42% ) と比べると目立ったものではありません。高配当: 603118の配当金 ( 0.17% ) はCN市場の配当金支払者の上位 25% ( 2.18% ) 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: 603118 CN市場において目立った配当金を支払っていません。株主配当金キャッシュフローカバレッジ: 603118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2026/08/22 12:31終値2026/08/21 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この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、レポートの活用方法に関するガイドやYouTubeのチュートリアルも用意しています。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Shenzhen Gongjin Electronics Co., Ltd. 0 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。1 アナリスト機関Liangbi ZhaoChina Galaxy Securities Co., Ltd.
お知らせ • Jun 05Shenzhen Gongjin Electronics Co., Ltd. (SHSE:603118) announces an Equity Buyback for CNY 200 million worth of its shares.Shenzhen Gongjin Electronics Co., Ltd. (SHSE:603118) announces a share repurchase program. Under the program, the company will repurchase up to CNY 200 million worth of its A shares. The shares will be purchased at a price not exceeding CNY 22.54 per share. The repurchased shares will be used for ESOP and/or equity incentives and shares not used within 3 years after the completion of the repurchase will be cancelled. The repurchase will be funded from company's own or self-financing. The program will be valid for 12 months from board approval date.
Declared Dividend • May 30Dividend of CN¥0.13 announcedShareholders will receive a dividend of CN¥0.13. Ex-date: 3rd June 2024 Payment date: 3rd June 2024 Dividend yield will be 1.8%, which is higher than the industry average of 1.2%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months and having 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 2.2% per year over the past 9 years. However, payments have been volatile during that time.
New Risk • Aug 19New 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 13% 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 (13% average weekly change). Earnings have declined by 53% per year over the past 5 years.
お知らせ • Jun 30Shenzhen Gongjin Electronics Co., Ltd. to Report First Half, 2026 Results on Aug 26, 2026Shenzhen Gongjin Electronics Co., Ltd. announced that they will report first half, 2026 results on Aug 26, 2026
お知らせ • Jun 05Shenzhen Gongjin Electronics Co., Ltd. (SHSE:603118) announces an Equity Buyback for CNY 200 million worth of its shares.Shenzhen Gongjin Electronics Co., Ltd. (SHSE:603118) announces a share repurchase program. Under the program, the company will repurchase up to CNY 200 million worth of its A shares. The shares will be purchased at a price not exceeding CNY 22.54 per share. The repurchased shares will be used for ESOP and/or equity incentives and shares not used within 3 years after the completion of the repurchase will be cancelled. The repurchase will be funded from company's own or self-financing. The program will be valid for 12 months from board approval date.
Reported Earnings • Apr 25Full year 2025 earnings released: EPS: CN¥0.10 (vs CN¥0.10 loss in FY 2024)Full year 2025 results: EPS: CN¥0.10 (up from CN¥0.10 loss in FY 2024). Revenue: CN¥9.20b (up 9.8% from FY 2024). Net income: CN¥77.8m (up CN¥157.7m from FY 2024). Profit margin: 0.8% (up from net loss in FY 2024). 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.
お知らせ • Apr 25Shenzhen Gongjin Electronics Co., Ltd., Annual General Meeting, May 15, 2026Shenzhen Gongjin Electronics Co., Ltd., Annual General Meeting, May 15, 2026, at 14:30 China Standard Time. Location: 8F, Building 4, No. 2, Danzi North Road, Kengzi Subdistrict, Pingshan District, Shenzhen, Guangdong China
New Risk • Apr 23New 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: Major Risk Earnings have declined by 52% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (8.0% average weekly change).
お知らせ • Mar 30Shenzhen Gongjin Electronics Co., Ltd. to Report Q1, 2026 Results on Apr 28, 2026Shenzhen Gongjin Electronics Co., Ltd. announced that they will report Q1, 2026 results on Apr 28, 2026
お知らせ • Dec 26Shenzhen Gongjin Electronics Co., Ltd. to Report Fiscal Year 2025 Results on Apr 28, 2026Shenzhen Gongjin Electronics Co., Ltd. announced that they will report fiscal year 2025 results on Apr 28, 2026
New Risk • Dec 23New major risk - Revenue and earnings growthEarnings have declined by 52% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. This is currently the only risk that has been identified for the company.
Reported Earnings • Oct 30Third quarter 2025 earnings released: EPS: CN¥0.041 (vs CN¥0.074 in 3Q 2024)Third quarter 2025 results: EPS: CN¥0.041 (down from CN¥0.074 in 3Q 2024). Revenue: CN¥2.39b (up 16% from 3Q 2024). Net income: CN¥28.8m (down 4.5% from 3Q 2024). Profit margin: 1.2% (down from 1.5% in 3Q 2024). Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 24% growth forecast for the Communications industry in China. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 121 percentage points per year, which is a significant difference in performance.
New Risk • Oct 07New 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 7.1% 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. This is currently the only risk that has been identified for the company.
お知らせ • Sep 30Shenzhen Gongjin Electronics Co., Ltd. to Report Q3, 2025 Results on Oct 30, 2025Shenzhen Gongjin Electronics Co., Ltd. announced that they will report Q3, 2025 results on Oct 30, 2025
お知らせ • Jun 30Shenzhen Gongjin Electronics Co., Ltd. to Report First Half, 2025 Results on Aug 30, 2025Shenzhen Gongjin Electronics Co., Ltd. announced that they will report first half, 2025 results on Aug 30, 2025
お知らせ • Apr 29Shenzhen Gongjin Electronics Co., Ltd., Annual General Meeting, May 20, 2025Shenzhen Gongjin Electronics Co., Ltd., Annual General Meeting, May 20, 2025, at 14:30 China Standard Time.
お知らせ • Mar 28Shenzhen Gongjin Electronics Co., Ltd. to Report Q1, 2025 Results on Apr 29, 2025Shenzhen Gongjin Electronics Co., Ltd. announced that they will report Q1, 2025 results on Apr 29, 2025
New Risk • Feb 27New 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 11% 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 (11% average weekly change). Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows.
分析記事 • Feb 26Improved Revenues Required Before Shenzhen Gongjin Electronics Co., Ltd. (SHSE:603118) Stock's 45% Jump Looks JustifiedDespite an already strong run, Shenzhen Gongjin Electronics Co., Ltd. ( SHSE:603118 ) shares have been powering on...
分析記事 • Feb 24Shenzhen Gongjin Electronics (SHSE:603118) Is Finding It Tricky To Allocate Its CapitalIf you're looking at a mature business that's past the growth phase, what are some of the underlying trends that pop...
New Risk • Jan 16New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 9.2% 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 Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Minor Risk Share price has been volatile over the past 3 months (9.2% average weekly change).
分析記事 • Jan 08Shenzhen Gongjin Electronics Co., Ltd. (SHSE:603118) Stock Catapults 26% Though Its Price And Business Still Lag The IndustryShenzhen Gongjin Electronics Co., Ltd. ( SHSE:603118 ) shares have continued their recent momentum with a 26% gain in...
お知らせ • Dec 27Shenzhen Gongjin Electronics Co., Ltd. to Report Fiscal Year 2024 Results on Apr 29, 2025Shenzhen Gongjin Electronics Co., Ltd. announced that they will report fiscal year 2024 results on Apr 29, 2025
分析記事 • Dec 20Is Shenzhen Gongjin Electronics (SHSE:603118) Using Too Much Debt?The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
分析記事 • Nov 11Shenzhen Gongjin Electronics Co., Ltd.'s (SHSE:603118) Shares Bounce 28% But Its Business Still Trails The IndustryDespite an already strong run, Shenzhen Gongjin Electronics Co., Ltd. ( SHSE:603118 ) shares have been powering on...
Reported Earnings • Oct 30Third quarter 2024 earnings released: EPS: CN¥0.074 (vs CN¥0.028 loss in 3Q 2023)Third quarter 2024 results: EPS: CN¥0.074 (up from CN¥0.028 loss in 3Q 2023). Revenue: CN¥2.06b (down 11% from 3Q 2023). Net income: CN¥30.2m (up CN¥52.6m from 3Q 2023). Profit margin: 1.5% (up from net loss in 3Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 81 percentage points per year, which is a significant difference in performance.
お知らせ • Sep 30Shenzhen Gongjin Electronics Co., Ltd. to Report Q3, 2024 Results on Oct 30, 2024Shenzhen Gongjin Electronics Co., Ltd. announced that they will report Q3, 2024 results on Oct 30, 2024
分析記事 • Sep 19Does Shenzhen Gongjin Electronics (SHSE:603118) Have A Healthy Balance Sheet?Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
New Risk • Aug 26New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 7.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Earnings have declined by 23% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (7.4% average weekly change).
分析記事 • Aug 23Shenzhen Gongjin Electronics Co., Ltd. (SHSE:603118) Shares Fly 26% But Investors Aren't Buying For GrowthShenzhen Gongjin Electronics Co., Ltd. ( SHSE:603118 ) shareholders are no doubt pleased to see that the share price...
Reported Earnings • Aug 20Second quarter 2024 earnings released: CN¥0.022 loss per share (vs CN¥0.16 profit in 2Q 2023)Second quarter 2024 results: CN¥0.022 loss per share (down from CN¥0.16 profit in 2Q 2023). Revenue: CN¥2.07b (down 7.3% from 2Q 2023). Net loss: CN¥22.5m (down 118% from profit in 2Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 52 percentage points per year, which is a significant difference in performance.
分析記事 • Jul 16Shenzhen Gongjin Electronics (SHSE:603118) Is Finding It Tricky To Allocate Its CapitalIgnoring the stock price of a company, what are the underlying trends that tell us a business is past the growth phase...
お知らせ • Jun 28Shenzhen Gongjin Electronics Co., Ltd. to Report First Half, 2024 Results on Aug 20, 2024Shenzhen Gongjin Electronics Co., Ltd. announced that they will report first half, 2024 results on Aug 20, 2024
分析記事 • Jun 19The Market Doesn't Like What It Sees From Shenzhen Gongjin Electronics Co., Ltd.'s (SHSE:603118) Revenues YetYou may think that with a price-to-sales (or "P/S") ratio of 0.7x Shenzhen Gongjin Electronics Co., Ltd. ( SHSE:603118...
New Risk • Jun 17New major risk - Revenue and earnings growthEarnings have declined by 14% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Earnings have declined by 14% per year over the past 5 years.
Declared Dividend • May 30Dividend of CN¥0.13 announcedShareholders will receive a dividend of CN¥0.13. Ex-date: 3rd June 2024 Payment date: 3rd June 2024 Dividend yield will be 1.8%, which is higher than the industry average of 1.2%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months and having 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 2.2% per year over the past 9 years. However, payments have been volatile during that time.
分析記事 • May 21Shenzhen Gongjin Electronics (SHSE:603118) Has A Somewhat Strained Balance SheetDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
お知らせ • Apr 30Shenzhen Gongjin Electronics Co., Ltd., Annual General Meeting, May 20, 2024Shenzhen Gongjin Electronics Co., Ltd., Annual General Meeting, May 20, 2024, at 14:30 China Standard Time. Location: 8F, Building 4, No. 2, Danzi North Road, Kengzi Subdistrict, Pingshan District, Shenzhen, Guangdong China
Reported Earnings • Apr 29Full year 2023 earnings: EPS and revenues miss analyst expectationsFull year 2023 results: EPS: CN¥0.08 (down from CN¥0.29 in FY 2022). Revenue: CN¥8.53b (down 22% from FY 2022). Net income: CN¥64.7m (down 72% from FY 2022). Profit margin: 0.8% (down from 2.1% in FY 2022). Revenue missed analyst estimates by 28%. Earnings per share (EPS) also missed analyst estimates by 88%. Revenue is forecast to grow 36% p.a. on average during the next 2 years, compared to a 23% growth forecast for the Communications industry in China. Over the last 3 years on average, earnings per share has fallen by 32% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings.
お知らせ • Mar 30Shenzhen Gongjin Electronics Co., Ltd. to Report Q1, 2024 Results on Apr 29, 2024Shenzhen Gongjin Electronics Co., Ltd. announced that they will report Q1, 2024 results on Apr 29, 2024
分析記事 • Feb 27Sentiment Still Eluding Shenzhen Gongjin Electronics Co., Ltd. (SHSE:603118)Shenzhen Gongjin Electronics Co., Ltd.'s ( SHSE:603118 ) price-to-sales (or "P/S") ratio of 0.7x might make it look...
Valuation Update With 7 Day Price Move • Feb 05Investor sentiment deteriorates as stock falls 24%After last week's 24% share price decline to CN¥5.55, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 20x in the Communications industry in China. Total loss to shareholders of 28% over the past three years.
お知らせ • Dec 29Shenzhen Gongjin Electronics Co., Ltd. to Report Fiscal Year 2023 Results on Apr 29, 2024Shenzhen Gongjin Electronics Co., Ltd. announced that they will report fiscal year 2023 results on Apr 29, 2024
Reported Earnings • Nov 01Third quarter 2023 earnings released: CN¥0.028 loss per share (vs CN¥0.20 profit in 3Q 2022)Third quarter 2023 results: CN¥0.028 loss per share (down from CN¥0.20 profit in 3Q 2022). Revenue: CN¥2.31b (down 20% from 3Q 2022). Net loss: CN¥22.4m (down 114% from profit in 3Q 2022). Revenue is forecast to grow 25% p.a. on average during the next 3 years, compared to a 23% growth forecast for the Communications industry in China. Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings.
Reported Earnings • Sep 04Second quarter 2023 earnings released: EPS: CN¥0.16 (vs CN¥0.20 in 2Q 2022)Second quarter 2023 results: EPS: CN¥0.16 (down from CN¥0.20 in 2Q 2022). Revenue: CN¥2.23b (down 19% from 2Q 2022). Net income: CN¥125.6m (down 11% from 2Q 2022). Profit margin: 5.6% (up from 5.1% in 2Q 2022). Revenue is forecast to grow 23% p.a. on average during the next 3 years, compared to a 22% growth forecast for the Communications industry in China. Over the last 3 years on average, earnings per share has fallen by 7% per year whereas the company’s share price has fallen by 5% per year.
Valuation Update With 7 Day Price Move • Jul 03Investor sentiment improves as stock rises 19%After last week's 19% share price gain to CN¥14.03, the stock trades at a forward P/E ratio of 25x. Average forward P/E is 30x in the Communications industry in China. Total returns to shareholders of 14% over the past three years.
New Risk • Jun 29New 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 9.3% 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 Risk Share price has been highly volatile over the past 3 months (9.3% average weekly change). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (2.4% net profit margin).
Valuation Update With 7 Day Price Move • Jun 15Investor sentiment improves as stock rises 15%After last week's 15% share price gain to CN¥10.41, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 30x in the Communications industry in China. Total loss to shareholders of 9.6% over the past three years.
Reported Earnings • Apr 22Full year 2022 earnings: EPS and revenues miss analyst expectationsFull year 2022 results: EPS: CN¥0.29 (down from CN¥0.51 in FY 2021). Revenue: CN¥11.0b (up 1.5% from FY 2021). Net income: CN¥226.7m (down 43% from FY 2021). Profit margin: 2.1% (down from 3.7% in FY 2021). Revenue missed analyst estimates by 7.5%. Earnings per share (EPS) also missed analyst estimates by 46%. Revenue is forecast to grow 20% p.a. on average during the next 2 years, compared to a 18% growth forecast for the Communications industry in China. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings.
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. 2 experienced directors. 5 highly experienced directors. 1 independent director (5 non-independent directors). Independent Director Tao Ding was the last independent director to join the board, commencing their role in 2017. 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¥0.20 (vs CN¥0.13 in 3Q 2021)Third quarter 2022 results: EPS: CN¥0.20 (up from CN¥0.13 in 3Q 2021). Revenue: CN¥2.88b (up 3.8% from 3Q 2021). Net income: CN¥159.8m (up 67% from 3Q 2021). Profit margin: 5.6% (up from 3.5% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 19% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Communications industry in China. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings.
Valuation Update With 7 Day Price Move • Oct 17Investor sentiment improved over the past weekAfter last week's 17% share price gain to CN¥9.44, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 23x in the Communications industry in China. Total loss to shareholders of 19% over the past three years.
Valuation Update With 7 Day Price Move • Sep 07Investor sentiment improved over the past weekAfter last week's 16% share price gain to CN¥9.47, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 24x in the Communications industry in China. Total loss to shareholders of 24% over the past three years.
Reported Earnings • Aug 10Second quarter 2022 earnings released: EPS: CN¥0.20 (vs CN¥0.17 in 2Q 2021)Second quarter 2022 results: EPS: CN¥0.20 (up from CN¥0.17 in 2Q 2021). Revenue: CN¥2.74b (up 10.0% from 2Q 2021). Net income: CN¥140.6m (up 4.2% from 2Q 2021). Profit margin: 5.1% (down from 5.4% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings.
Reported Earnings • Apr 28First quarter 2022 earnings released: EPS: CN¥0.06 (vs CN¥0.08 in 1Q 2021)First quarter 2022 results: EPS: CN¥0.06 (down from CN¥0.08 in 1Q 2021). Revenue: CN¥2.46b (down 3.3% from 1Q 2021). Net income: CN¥50.3m (down 17% from 1Q 2021). Profit margin: 2.0% (down from 2.4% in 1Q 2021). The decrease in margin was driven by lower 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 12% per year, which means it is significantly lagging earnings.
Board Change • Apr 27Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. No highly experienced directors. 2 independent directors (5 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 • Apr 16Full year 2021 earnings released: EPS: CN¥0.51 (vs CN¥0.45 in FY 2020)Full year 2021 results: EPS: CN¥0.51 (up from CN¥0.45 in FY 2020). Revenue: CN¥10.8b (up 22% from FY 2020). Net income: CN¥395.6m (up 14% from FY 2020). Profit margin: 3.7% (down from 3.9% in FY 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings.
Reported Earnings • Oct 19Third quarter 2021 earnings released: EPS CN¥0.13 (vs CN¥0.15 in 3Q 2020)The company reported a soft third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: CN¥2.77b (up 18% from 3Q 2020). Net income: CN¥95.7m (down 19% from 3Q 2020). Profit margin: 3.5% (down from 5.1% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 21% per year whereas the company’s share price has increased by 20% per year.
Reported Earnings • Aug 30Second quarter 2021 earnings released: EPS CN¥0.17 (vs CN¥0.15 in 2Q 2020)The company reported a solid second quarter result with improved earnings and revenues, although profit margins were weaker. Second quarter 2021 results: Revenue: CN¥2.49b (up 14% from 2Q 2020). Net income: CN¥135.0m (up 4.9% from 2Q 2020). Profit margin: 5.4% (down from 5.9% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Apr 26Full year 2020 earnings released: EPS CN¥0.45 (vs CN¥0.40 in FY 2019)The company reported a solid full year result with improved earnings and revenues, although profit margins were weaker. Full year 2020 results: Revenue: CN¥8.84b (up 13% from FY 2019). Net income: CN¥346.7m (up 12% from FY 2019). Profit margin: 3.9% (down from 4.0% in FY 2019). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 51% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.
Is New 90 Day High Low • Jan 25New 90-day low: CN¥9.35The company is down 24% from its price of CN¥12.35 on 27 October 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 down 7.0% over the same period.
Is New 90 Day High Low • Dec 22New 90-day low: CN¥10.73The company is down 12% from its price of CN¥12.23 on 23 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 Communications industry, which is down 8.0% over the same period.
Is New 90 Day High Low • Oct 30New 90-day low: CN¥11.62The company is down 13% from its price of CN¥13.38 on 31 July 2020. The Chinese market is down 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Communications industry, which is down 9.0% over the same period.
Reported Earnings • Oct 28Third quarter earnings releasedOver the last 12 months the company has reported total profits of CN¥343.6m, largely unchanged from the prior year. Total revenue was CN¥8.04b over the last 12 months, down 4.8% from the prior year.