View ValuationBeijing Tricolor Technology 将来の成長Future 基準チェック /06現在、 Beijing Tricolor Technologyの成長と収益を予測するのに十分なアナリストの調査がありません。主要情報n/a収益成長率n/aEPS成長率Electronic 収益成長32.8%収益成長率n/a将来の株主資本利益率n/aアナリストカバレッジNone最終更新日n/a今後の成長に関する最新情報Price Target Changed • Aug 18Price target decreased to CN¥30.30Down from CN¥40.40, the current price target is an average from 2 analysts. New target price is 62% above last closing price of CN¥18.75. Stock is down 36% over the past year.すべての更新を表示Recent updatesお知らせ • Apr 29Beijing Tricolor Technology Co., Ltd, Annual General Meeting, May 21, 2026Beijing Tricolor Technology Co., Ltd, Annual General Meeting, May 21, 2026, at 13:30 China Standard Time. Location: 8F, Building 1, Yard No. 39, Linfeng 2nd Road, Haidian District, Beijing ChinaReported Earnings • Apr 29Full year 2025 earnings released: EPS: CN¥1.38 (vs CN¥0.43 in FY 2024)Full year 2025 results: EPS: CN¥1.38 (up from CN¥0.43 in FY 2024). Revenue: CN¥329.2m (down 34% from FY 2024). Net income: CN¥279.6m (up 226% from FY 2024). Profit margin: 85% (up from 17% in FY 2024). Over the last 3 years on average, earnings per share has increased by 65% per year but the company’s share price has increased by 93% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Mar 30Beijing Tricolor Technology Co., Ltd to Report Q1, 2026 Results on Apr 29, 2026Beijing Tricolor Technology Co., Ltd announced that they will report Q1, 2026 results on Apr 29, 2026お知らせ • Dec 26Beijing Tricolor Technology Co., Ltd to Report Fiscal Year 2025 Results on Apr 29, 2026Beijing Tricolor Technology Co., Ltd announced that they will report fiscal year 2025 results on Apr 29, 2026Board Change • Dec 08Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Director Hechun Zhao was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • Oct 30Third quarter 2025 earnings released: EPS: CN¥0.048 (vs CN¥0.061 in 3Q 2024)Third quarter 2025 results: EPS: CN¥0.048 (down from CN¥0.061 in 3Q 2024). Revenue: CN¥64.8m (down 30% from 3Q 2024). Net income: CN¥10.8m (down 12% from 3Q 2024). Profit margin: 17% (up from 13% in 3Q 2024). Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 139% per year, which means it is well ahead of earnings.お知らせ • Sep 30Beijing Tricolor Technology Co., Ltd to Report Q3, 2025 Results on Oct 30, 2025Beijing Tricolor Technology Co., Ltd announced that they will report Q3, 2025 results on Oct 30, 2025New Risk • Aug 24New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 1.7% Last year net profit margin: 9.7% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (9.5% average weekly change). Earnings have declined by 27% per year over the past 5 years. Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.7% net profit margin).Reported Earnings • Aug 24Second quarter 2025 earnings released: CN¥0.13 loss per share (vs CN¥0.17 profit in 2Q 2024)Second quarter 2025 results: CN¥0.13 loss per share (down from CN¥0.17 profit in 2Q 2024). Revenue: CN¥89.7m (down 44% from 2Q 2024). Net loss: CN¥25.5m (down 177% from profit in 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 105% per year, which means it is well ahead of earnings.お知らせ • Jun 30Beijing Tricolor Technology Co., Ltd to Report First Half, 2025 Results on Aug 23, 2025Beijing Tricolor Technology Co., Ltd announced that they will report first half, 2025 results on Aug 23, 2025New Risk • Apr 28New minor risk - Dividend sustainabilityThe dividend is not well covered by cash flows. Cash payout ratio: 93% Dividend yield: 0.8% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 25% per year over the past 5 years. Minor Risks Dividend is not well covered by cash flows (93% cash payout ratio). Share price has been volatile over the past 3 months (9.7% average weekly change). Large one-off items impacting financial results.Reported Earnings • Apr 24Full year 2024 earnings released: EPS: CN¥0.43 (vs CN¥0.09 in FY 2023)Full year 2024 results: EPS: CN¥0.43 (up from CN¥0.09 in FY 2023). Revenue: CN¥494.9m (flat on FY 2023). Net income: CN¥85.8m (up 391% from FY 2023). Profit margin: 17% (up from 3.5% in FY 2023). Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has increased by 55% per year, which means it is well ahead of earnings.お知らせ • Apr 23Beijing Tricolor Technology Co., Ltd, Annual General Meeting, May 26, 2025Beijing Tricolor Technology Co., Ltd, Annual General Meeting, May 26, 2025, at 13:30 China Standard Time. Location: 8F, Building 1, Yard No. 39, Linfeng 2nd Road, Haidian District, Beijing ChinaNew Risk • Apr 10New major risk - Revenue and earnings growthEarnings have declined by 29% 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 Risk Earnings have declined by 29% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (9.6% average weekly change).お知らせ • Mar 28Beijing Tricolor Technology Co., Ltd to Report Q1, 2025 Results on Apr 24, 2025Beijing Tricolor Technology Co., Ltd announced that they will report Q1, 2025 results on Apr 24, 2025New Risk • Jan 12New 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 Risk Share price has been highly volatile over the past 3 months (11% average weekly change). Minor Risk Shareholders have been diluted in the past year (9.0% increase in shares outstanding).分析記事 • Jan 01Beijing Tricolor Technology Co., Ltd's (SHSE:603516) P/S Is Still On The Mark Following 26% Share Price BounceDespite an already strong run, Beijing Tricolor Technology Co., Ltd ( SHSE:603516 ) shares have been powering on, with...お知らせ • Dec 27Beijing Tricolor Technology Co., Ltd to Report Fiscal Year 2024 Results on Apr 23, 2025Beijing Tricolor Technology Co., Ltd announced that they will report fiscal year 2024 results on Apr 23, 2025分析記事 • Nov 11Beijing Tricolor Technology Co., Ltd's (SHSE:603516) P/S Is Still On The Mark Following 28% Share Price BounceBeijing Tricolor Technology Co., Ltd ( SHSE:603516 ) shareholders have had their patience rewarded with a 28% share...Reported Earnings • Oct 26Third quarter 2024 earnings released: EPS: CN¥0.061 (vs CN¥0.02 in 3Q 2023)Third quarter 2024 results: EPS: CN¥0.061 (up from CN¥0.02 in 3Q 2023). Revenue: CN¥92.9m (down 22% from 3Q 2023). Net income: CN¥12.3m (up 146% from 3Q 2023). Profit margin: 13% (up from 4.2% in 3Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 32% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has fallen by 39% per year but the company’s share price has increased by 28% per year, which means it is well ahead of earnings.お知らせ • Sep 30Beijing Tricolor Technology Co., Ltd to Report Q3, 2024 Results on Oct 26, 2024Beijing Tricolor Technology Co., Ltd announced that they will report Q3, 2024 results on Oct 26, 2024分析記事 • Sep 28Returns On Capital Signal Tricky Times Ahead For Beijing Tricolor Technology (SHSE:603516)What are the early trends we should look for to identify a stock that could multiply in value over the long term...分析記事 • Aug 12With A 26% Price Drop For Beijing Tricolor Technology Co., Ltd (SHSE:603516) You'll Still Get What You Pay ForBeijing Tricolor Technology Co., Ltd ( SHSE:603516 ) shareholders won't be pleased to see that the share price has had...Reported Earnings • Aug 09Second quarter 2024 earnings released: EPS: CN¥0.17 (vs CN¥0.12 in 2Q 2023)Second quarter 2024 results: EPS: CN¥0.17 (up from CN¥0.12 in 2Q 2023). Revenue: CN¥158.8m (up 8.9% from 2Q 2023). Net income: CN¥33.2m (up 78% from 2Q 2023). Profit margin: 21% (up from 13% in 2Q 2023). The increase in margin was primarily driven by higher revenue. Revenue is forecast to grow 41% p.a. on average during the next 2 years, compared to a 17% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has fallen by 56% per year but the company’s share price has increased by 15% per year, which means it is well ahead of earnings.New Risk • Aug 09New major risk - Revenue and earnings growthEarnings have declined by 31% 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 Share price has been highly volatile over the past 3 months (10% average weekly change). Earnings have declined by 31% per year over the past 5 years. Minor Risk Shareholders have been diluted in the past year (9.0% increase in shares outstanding).お知らせ • Jun 29Beijing Tricolor Technology Co., Ltd to Report First Half, 2024 Results on Aug 09, 2024Beijing Tricolor Technology Co., Ltd announced that they will report first half, 2024 results on Aug 09, 2024分析記事 • Jun 28Capital Allocation Trends At Beijing Tricolor Technology (SHSE:603516) Aren't IdealIf we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Typically, we'll...分析記事 • Apr 30Beijing Tricolor Technology Co., Ltd (SHSE:603516) Looks Just Right With A 28% Price JumpDespite an already strong run, Beijing Tricolor Technology Co., Ltd ( SHSE:603516 ) shares have been powering on, with...分析記事 • Apr 24Beijing Tricolor Technology's (SHSE:603516) Anemic Earnings Might Be Worse Than You ThinkBeijing Tricolor Technology Co., Ltd's ( SHSE:603516 ) earnings announcement last week contained some soft numbers...お知らせ • Apr 19Beijing Tricolor Technology Co., Ltd, Annual General Meeting, May 08, 2024Beijing Tricolor Technology Co., Ltd, Annual General Meeting, May 08, 2024, at 13:30 China Standard Time. Location: 8F, Building 1, Yard No. 39, Linfeng 2nd Road, Haidian District, Beijing ChinaReported Earnings • Apr 18Full year 2023 earnings: EPS and revenues miss analyst expectationsFull year 2023 results: EPS: CN¥0.09 (down from CN¥0.16 in FY 2022). Revenue: CN¥499.0m (up 31% from FY 2022). Net income: CN¥17.5m (down 40% from FY 2022). Profit margin: 3.5% (down from 7.7% in FY 2022). Revenue missed analyst estimates by 6.4%. Earnings per share (EPS) also missed analyst estimates by 61%. Revenue is forecast to grow 33% p.a. on average during the next 2 years, compared to a 18% growth forecast for the Electronic industry in China. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 72 percentage points per year, which is a significant difference in performance.New Risk • Apr 02New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 6.5% 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 Risk Share price has been highly volatile over the past 3 months (12% average weekly change). Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (4.3% net profit margin). Shareholders have been diluted in the past year (6.5% increase in shares outstanding).お知らせ • Mar 29Beijing Tricolor Technology Co., Ltd to Report Q1, 2024 Results on Apr 25, 2024Beijing Tricolor Technology Co., Ltd announced that they will report Q1, 2024 results on Apr 25, 2024分析記事 • Mar 15Is Beijing Tricolor Technology (SHSE:603516) A Risky Investment?Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...分析記事 • Feb 27Beijing Tricolor Technology Co., Ltd's (SHSE:603516) Shares Climb 26% But Its Business Is Yet to Catch UpBeijing Tricolor Technology Co., Ltd ( SHSE:603516 ) shares have had a really impressive month, gaining 26% after a...お知らせ • Feb 01Beijing Tricolor Technology Co., Ltd (SHSE:603516) announces an Equity Buyback for CNY 40 million worth of its shares.Beijing Tricolor Technology Co., Ltd (SHSE:603516) announces a share repurchase program. Under the program, the company will repurchase up to CNY 40 million worth of its Class A shares. The shares will be repurchased at a price not more than CNY 30 per share. The repurchased shares will be used for ESOP or equity incentives. The program will be valid for a period of 12 months.お知らせ • Dec 29Beijing Tricolor Technology Co., Ltd to Report Fiscal Year 2023 Results on Apr 18, 2024Beijing Tricolor Technology Co., Ltd announced that they will report fiscal year 2023 results on Apr 18, 2024New Risk • Dec 05New 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 8.0% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (8.0% average weekly change). Earnings have declined by 19% per year over the past 5 years. Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (4.3% net profit margin).Reported Earnings • Nov 01Third quarter 2023 earnings released: EPS: CN¥0.02 (vs CN¥0.017 in 3Q 2022)Third quarter 2023 results: EPS: CN¥0.02 (up from CN¥0.017 in 3Q 2022). Revenue: CN¥119.4m (up 19% from 3Q 2022). Net income: CN¥4.98m (up 75% from 3Q 2022). Profit margin: 4.2% (up from 2.8% in 3Q 2022). Over the last 3 years on average, earnings per share has fallen by 55% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings.New Risk • Oct 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 6.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 14% per year over the past 5 years. Minor Risks Dividend is not well covered by earnings (100% payout ratio). Share price has been volatile over the past 3 months (6.2% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (4.0% net profit margin).Reported Earnings • Aug 02Second quarter 2023 earnings released: EPS: CN¥0.12 (vs CN¥0.13 in 2Q 2022)Second quarter 2023 results: EPS: CN¥0.12 (down from CN¥0.13 in 2Q 2022). Revenue: CN¥145.8m (up 41% from 2Q 2022). Net income: CN¥18.6m (down 31% from 2Q 2022). Profit margin: 13% (down from 26% in 2Q 2022). Over the last 3 years on average, earnings per share has fallen by 44% per year but the company’s share price has only fallen by 15% per year, which means it has not declined as severely as earnings.お知らせ • Jun 28Beijing Tricolor Technology Co., Ltd to Report First Half, 2023 Results on Aug 02, 2023Beijing Tricolor Technology Co., Ltd announced that they will report first half, 2023 results on Aug 02, 2023Reported Earnings • Mar 22Full year 2022 earnings released: EPS: CN¥0.16 (vs CN¥0.45 in FY 2021)Full year 2022 results: EPS: CN¥0.16 (down from CN¥0.45 in FY 2021). Revenue: CN¥380.8m (down 19% from FY 2021). Net income: CN¥29.3m (down 65% from FY 2021). Profit margin: 7.7% (down from 18% in FY 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has only fallen by 15% per year, which means it has not declined as severely as earnings.Valuation Update With 7 Day Price Move • Feb 02Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CN¥18.33, the stock trades at a trailing P/E ratio of 63.3x. Average trailing P/E is 38x in the Electronic industry in China. Total loss to shareholders of 42% over the past three years.Valuation Update With 7 Day Price Move • Nov 21Investor sentiment improved over the past weekAfter last week's 20% share price gain to CN¥17.90, the stock trades at a trailing P/E ratio of 61.8x. Average trailing P/E is 37x in the Electronic industry in China. Total loss to shareholders of 21% over the past three years.Reported Earnings • Oct 27Third quarter 2022 earnings released: EPS: CN¥0.017 (vs CN¥0.12 in 3Q 2021)Third quarter 2022 results: EPS: CN¥0.017 (down from CN¥0.12 in 3Q 2021). Revenue: CN¥100.4m (down 19% from 3Q 2021). Net income: CN¥2.86m (down 88% from 3Q 2021). Profit margin: 2.8% (down from 19% in 3Q 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 17% per year whereas the company’s share price has fallen by 21% per year.Valuation Update With 7 Day Price Move • Oct 17Investor sentiment improved over the past weekAfter last week's 16% share price gain to CN¥13.06, the stock trades at a trailing P/E ratio of 32.8x. Average trailing P/E is 32x in the Electronic industry in China. Total loss to shareholders of 43% over the past three years.Valuation Update With 7 Day Price Move • Aug 24Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to CN¥13.48, the stock trades at a trailing P/E ratio of 33.9x. Average trailing P/E is 40x in the Electronic industry in China. Total loss to shareholders of 42% over the past three years.Valuation Update With 7 Day Price Move • Aug 03Investor sentiment improved over the past weekAfter last week's 17% share price gain to CN¥14.41, the stock trades at a trailing P/E ratio of 36.3x. Average trailing P/E is 36x in the Electronic industry in China. Total loss to shareholders of 33% over the past three years.Reported Earnings • Jul 28Second quarter 2022 earnings released: EPS: CN¥0.13 (vs CN¥0.098 in 2Q 2021)Second quarter 2022 results: EPS: CN¥0.13 (up from CN¥0.098 in 2Q 2021). Revenue: CN¥103.8m (down 13% from 2Q 2021). Net income: CN¥27.1m (up 71% from 2Q 2021). Profit margin: 26% (up from 13% in 2Q 2021). Over the last 3 years on average, earnings per share has fallen by 10% per year whereas the company’s share price has fallen by 13% per year.お知らせ • May 10Beijing Tricolor Technology Co., Ltd (SHSE:603516) announces an Equity Buyback for CNY 60 million worth of its shares.Beijing Tricolor Technology Co., Ltd (SHSE:603516) announces a share repurchase program. Under the program, the company will repurchase up to CNY 60 million worth of its shares. The shares will be repurchased at a price not more than CNY 18 per share. The repurchased shares will be used for equity incentives. The program will be valid for a period of 12 months.Reported Earnings • Apr 21First quarter 2022 earnings: EPS and revenues miss analyst expectationsFirst quarter 2022 results: CN¥0.05 loss per share (down from CN¥0.064 profit in 1Q 2021). Revenue: CN¥66.6m (down 23% from 1Q 2021). Net loss: CN¥8.37m (down 171% from profit in 1Q 2021). Revenue missed analyst estimates by 6.7%. Earnings per share (EPS) were also behind analyst expectations. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has fallen by 12% per year, which means it is performing significantly worse than earnings.Valuation Update With 7 Day Price Move • Dec 08Investor sentiment improved over the past weekAfter last week's 15% share price gain to CN¥20.55, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 29x in the Electronic industry in China. Total returns to shareholders of 34% over the past three years.Reported Earnings • Oct 26Third quarter 2021 earnings released: EPS CN¥0.12 (vs CN¥0.24 in 3Q 2020)The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: CN¥124.4m (down 20% from 3Q 2020). Net income: CN¥23.3m (down 47% from 3Q 2020). Profit margin: 19% (down from 28% in 3Q 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 8% per year whereas the company’s share price has increased by 3% per year.Price Target Changed • Aug 18Price target decreased to CN¥30.30Down from CN¥40.40, the current price target is an average from 2 analysts. New target price is 62% above last closing price of CN¥18.75. Stock is down 36% over the past year.Reported Earnings • Aug 11Second quarter 2021 earnings released: EPS CN¥0.098 (vs CN¥0.18 in 2Q 2020)The company reported a soft second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2021 results: Revenue: CN¥119.9m (up 8.0% from 2Q 2020). Net income: CN¥15.8m (down 58% from 2Q 2020). Profit margin: 13% (down from 34% 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 10% 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 • Aug 04Investor sentiment improved over the past weekAfter last week's 15% share price gain to CN¥21.68, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 31x in the Electronic industry in China. Total returns to shareholders of 10.0% over the past three years.Reported Earnings • Apr 20First quarter 2021 earnings released: EPS CN¥0.09 (vs CN¥0.014 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: CN¥85.9m (up 71% from 1Q 2020). Net income: CN¥11.9m (up 410% from 1Q 2020). Profit margin: 14% (up from 4.6% in 1Q 2020). 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 fallen by 3% per year, which means it is significantly lagging earnings.Valuation Update With 7 Day Price Move • Apr 16Investor sentiment deteriorated over the past weekAfter last week's 29% share price decline to CN¥26.87, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 25x in the Electronic industry in China. Total loss to shareholders of 28% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥12.99 per share.Analyst Estimate Surprise Post Earnings • Mar 05Revenue and earnings miss expectationsRevenue missed analyst estimates by 6.7%. Earnings per share (EPS) also missed analyst estimates by 16%. Over the next year, revenue is forecast to grow 44%, compared to a 31% growth forecast for the Electronic industry in China.Reported Earnings • Mar 05Full year 2020 earnings released: EPS CN¥0.96 (vs CN¥0.87 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¥482.6m (up 30% from FY 2019). Net income: CN¥128.3m (up 12% from FY 2019). Profit margin: 27% (down from 31% in FY 2019). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 2% per year whereas the company’s share price has fallen by 6% per year.Is New 90 Day High Low • Feb 25New 90-day high: CN¥34.98The company is up 7.0% from its price of CN¥32.82 on 27 November 2020. The Chinese market is up 6.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is down 1.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥6.86 per share.Valuation Update With 7 Day Price Move • Feb 22Investor sentiment improved over the past weekAfter last week's 20% share price gain to CN¥33.19, the stock is trading at a trailing P/E ratio of 43.6x, up from the previous P/E ratio of 36.2x. This compares to an average P/E of 40x in the Electronic industry in China. Total returns to shareholders over the past three years were flat.Is New 90 Day High Low • Jan 26New 90-day low: CN¥29.35The company is down 20% from its price of CN¥36.83 on 28 October 2020. The Chinese market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 7.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥6.90 per share.お知らせ • Jan 21Beijing Tricolor Technology Co., Ltd to Report Fiscal Year 2020 Results on Mar 05, 2021Beijing Tricolor Technology Co., Ltd announced that they will report fiscal year 2020 results on Mar 05, 2021Is New 90 Day High Low • Dec 28New 90-day low: CN¥30.60The company is down 7.0% from its price of CN¥33.00 on 29 September 2020. The Chinese market is up 6.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 4.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥6.93 per share.Is New 90 Day High Low • Dec 12New 90-day low: CN¥31.72The company is down 8.0% from its price of CN¥34.38 on 11 September 2020. The Chinese market is up 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic 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¥6.97 per share.Reported Earnings • Oct 30Third quarter earnings releasedOver the last 12 months the company has reported total profits of CN¥101.7m, down 10.0% from the prior year. Total revenue was CN¥406.9m over the last 12 months, up 14% from the prior year.お知らせ • Oct 28Beijing Tricolor Technology Co., Ltd to Report Q3, 2020 Results on Oct 30, 2020Beijing Tricolor Technology Co., Ltd announced that they will report Q3, 2020 results on Oct 30, 2020お知らせ • Jul 08Beijing Tricolor Technology Co., Ltd to Report First Half, 2020 Results on Aug 20, 2020Beijing Tricolor Technology Co., Ltd announced that they will report first half, 2020 results on Aug 20, 2020 このセクションでは通常、投資家が会社の利益創出能力を理解する一助となるよう、プロのアナリストのコンセンサス予想に基づく収益と利益の成長予測を提示する。しかし、Beijing Tricolor Technology は十分な過去のデータを提供しておらず、アナリストの予測もないため、過去のデータを外挿したり、アナリストの予測を使用しても、その将来の収益を確実に算出することはできません。 シンプリー・ウォール・ストリートがカバーする企業の97%は過去の財務データを持っているため、これはかなり稀な状況です。 業績と収益の成長予測SHSE:603516 - アナリストの将来予測と過去の財務データ ( )CNY Millions日付収益収益フリー・キャッシュフロー営業活動によるキャッシュ平均アナリスト数3/31/2026335296-34-27N/A12/31/2025329280-9-4N/A9/30/202536254648N/A6/30/202539073738N/A3/31/2025459651417N/A12/31/2024495865456N/A9/30/2024488573436N/A6/30/202451550-28-24N/A3/31/202450236111115N/A12/31/202349917116120N/A9/30/2023447206266N/A6/30/202342818107109N/A3/31/2023386263849N/A12/31/2022381302540N/A9/30/20224095490114N/A6/30/20224337492121N/A3/31/20224496370107N/A12/31/20214688362100N/A9/30/20214969564102N/A6/30/20215271164392N/A3/31/202151813894140N/A12/31/2020483128103145N/A9/30/202040710283129N/A6/30/202035496587N/A3/31/202035198-9932N/A12/31/2019371114N/A13N/A9/30/2019357113N/A-14N/A6/30/201931899N/A38N/A3/31/201927580N/A42N/A12/31/201827685N/A60N/A9/30/201826288N/A71N/A6/30/201825988N/A51N/A3/31/2018281108N/A56N/A12/31/201725091N/A50N/A9/30/201724191N/A31N/A6/30/201723486N/A47N/A3/31/201720366N/A36N/A12/31/201621981N/A49N/A9/30/201621181N/AN/AN/A6/30/201620280N/A65N/A3/31/201618675N/A66N/A12/31/201516948N/A67N/Aもっと見るアナリストによる今後の成長予測収入対貯蓄率: 603516の予測収益成長が 貯蓄率 ( 2.4% ) を上回っているかどうかを判断するにはデータが不十分です。収益対市場: 603516の収益がCN市場よりも速く成長すると予測されるかどうかを判断するにはデータが不十分です高成長収益: 603516の収益が今後 3 年間で 大幅に 増加すると予想されるかどうかを判断するにはデータが不十分です。収益対市場: 603516の収益がCN市場よりも速く成長すると予測されるかどうかを判断するにはデータが不十分です。高い収益成長: 603516の収益が年間20%よりも速く成長すると予測されるかどうかを判断するにはデータが不十分です。一株当たり利益成長率予想将来の株主資本利益率将来のROE: 603516の 自己資本利益率 が 3 年後に高くなると予測されるかどうかを判断するにはデータが不十分です成長企業の発掘7D1Y7D1Y7D1YTech 業界の高成長企業。View Past Performance企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/22 19:27終値2026/05/22 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Beijing Tricolor Technology 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。4 アナリスト機関Lin YangHaitong International Research LimitedTianyi MaMinsheng Securities Co.Xin Jun MiaoTianfeng Securities Brokerage Co., Ltd1 その他のアナリストを表示
Price Target Changed • Aug 18Price target decreased to CN¥30.30Down from CN¥40.40, the current price target is an average from 2 analysts. New target price is 62% above last closing price of CN¥18.75. Stock is down 36% over the past year.
お知らせ • Apr 29Beijing Tricolor Technology Co., Ltd, Annual General Meeting, May 21, 2026Beijing Tricolor Technology Co., Ltd, Annual General Meeting, May 21, 2026, at 13:30 China Standard Time. Location: 8F, Building 1, Yard No. 39, Linfeng 2nd Road, Haidian District, Beijing China
Reported Earnings • Apr 29Full year 2025 earnings released: EPS: CN¥1.38 (vs CN¥0.43 in FY 2024)Full year 2025 results: EPS: CN¥1.38 (up from CN¥0.43 in FY 2024). Revenue: CN¥329.2m (down 34% from FY 2024). Net income: CN¥279.6m (up 226% from FY 2024). Profit margin: 85% (up from 17% in FY 2024). Over the last 3 years on average, earnings per share has increased by 65% per year but the company’s share price has increased by 93% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Mar 30Beijing Tricolor Technology Co., Ltd to Report Q1, 2026 Results on Apr 29, 2026Beijing Tricolor Technology Co., Ltd announced that they will report Q1, 2026 results on Apr 29, 2026
お知らせ • Dec 26Beijing Tricolor Technology Co., Ltd to Report Fiscal Year 2025 Results on Apr 29, 2026Beijing Tricolor Technology Co., Ltd announced that they will report fiscal year 2025 results on Apr 29, 2026
Board Change • Dec 08Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Director Hechun Zhao was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • Oct 30Third quarter 2025 earnings released: EPS: CN¥0.048 (vs CN¥0.061 in 3Q 2024)Third quarter 2025 results: EPS: CN¥0.048 (down from CN¥0.061 in 3Q 2024). Revenue: CN¥64.8m (down 30% from 3Q 2024). Net income: CN¥10.8m (down 12% from 3Q 2024). Profit margin: 17% (up from 13% in 3Q 2024). Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 139% per year, which means it is well ahead of earnings.
お知らせ • Sep 30Beijing Tricolor Technology Co., Ltd to Report Q3, 2025 Results on Oct 30, 2025Beijing Tricolor Technology Co., Ltd announced that they will report Q3, 2025 results on Oct 30, 2025
New Risk • Aug 24New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 1.7% Last year net profit margin: 9.7% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (9.5% average weekly change). Earnings have declined by 27% per year over the past 5 years. Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.7% net profit margin).
Reported Earnings • Aug 24Second quarter 2025 earnings released: CN¥0.13 loss per share (vs CN¥0.17 profit in 2Q 2024)Second quarter 2025 results: CN¥0.13 loss per share (down from CN¥0.17 profit in 2Q 2024). Revenue: CN¥89.7m (down 44% from 2Q 2024). Net loss: CN¥25.5m (down 177% from profit in 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 105% per year, which means it is well ahead of earnings.
お知らせ • Jun 30Beijing Tricolor Technology Co., Ltd to Report First Half, 2025 Results on Aug 23, 2025Beijing Tricolor Technology Co., Ltd announced that they will report first half, 2025 results on Aug 23, 2025
New Risk • Apr 28New minor risk - Dividend sustainabilityThe dividend is not well covered by cash flows. Cash payout ratio: 93% Dividend yield: 0.8% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 25% per year over the past 5 years. Minor Risks Dividend is not well covered by cash flows (93% cash payout ratio). Share price has been volatile over the past 3 months (9.7% average weekly change). Large one-off items impacting financial results.
Reported Earnings • Apr 24Full year 2024 earnings released: EPS: CN¥0.43 (vs CN¥0.09 in FY 2023)Full year 2024 results: EPS: CN¥0.43 (up from CN¥0.09 in FY 2023). Revenue: CN¥494.9m (flat on FY 2023). Net income: CN¥85.8m (up 391% from FY 2023). Profit margin: 17% (up from 3.5% in FY 2023). Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has increased by 55% per year, which means it is well ahead of earnings.
お知らせ • Apr 23Beijing Tricolor Technology Co., Ltd, Annual General Meeting, May 26, 2025Beijing Tricolor Technology Co., Ltd, Annual General Meeting, May 26, 2025, at 13:30 China Standard Time. Location: 8F, Building 1, Yard No. 39, Linfeng 2nd Road, Haidian District, Beijing China
New Risk • Apr 10New major risk - Revenue and earnings growthEarnings have declined by 29% 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 Risk Earnings have declined by 29% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (9.6% average weekly change).
お知らせ • Mar 28Beijing Tricolor Technology Co., Ltd to Report Q1, 2025 Results on Apr 24, 2025Beijing Tricolor Technology Co., Ltd announced that they will report Q1, 2025 results on Apr 24, 2025
New Risk • Jan 12New 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 Risk Share price has been highly volatile over the past 3 months (11% average weekly change). Minor Risk Shareholders have been diluted in the past year (9.0% increase in shares outstanding).
分析記事 • Jan 01Beijing Tricolor Technology Co., Ltd's (SHSE:603516) P/S Is Still On The Mark Following 26% Share Price BounceDespite an already strong run, Beijing Tricolor Technology Co., Ltd ( SHSE:603516 ) shares have been powering on, with...
お知らせ • Dec 27Beijing Tricolor Technology Co., Ltd to Report Fiscal Year 2024 Results on Apr 23, 2025Beijing Tricolor Technology Co., Ltd announced that they will report fiscal year 2024 results on Apr 23, 2025
分析記事 • Nov 11Beijing Tricolor Technology Co., Ltd's (SHSE:603516) P/S Is Still On The Mark Following 28% Share Price BounceBeijing Tricolor Technology Co., Ltd ( SHSE:603516 ) shareholders have had their patience rewarded with a 28% share...
Reported Earnings • Oct 26Third quarter 2024 earnings released: EPS: CN¥0.061 (vs CN¥0.02 in 3Q 2023)Third quarter 2024 results: EPS: CN¥0.061 (up from CN¥0.02 in 3Q 2023). Revenue: CN¥92.9m (down 22% from 3Q 2023). Net income: CN¥12.3m (up 146% from 3Q 2023). Profit margin: 13% (up from 4.2% in 3Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 32% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has fallen by 39% per year but the company’s share price has increased by 28% per year, which means it is well ahead of earnings.
お知らせ • Sep 30Beijing Tricolor Technology Co., Ltd to Report Q3, 2024 Results on Oct 26, 2024Beijing Tricolor Technology Co., Ltd announced that they will report Q3, 2024 results on Oct 26, 2024
分析記事 • Sep 28Returns On Capital Signal Tricky Times Ahead For Beijing Tricolor Technology (SHSE:603516)What are the early trends we should look for to identify a stock that could multiply in value over the long term...
分析記事 • Aug 12With A 26% Price Drop For Beijing Tricolor Technology Co., Ltd (SHSE:603516) You'll Still Get What You Pay ForBeijing Tricolor Technology Co., Ltd ( SHSE:603516 ) shareholders won't be pleased to see that the share price has had...
Reported Earnings • Aug 09Second quarter 2024 earnings released: EPS: CN¥0.17 (vs CN¥0.12 in 2Q 2023)Second quarter 2024 results: EPS: CN¥0.17 (up from CN¥0.12 in 2Q 2023). Revenue: CN¥158.8m (up 8.9% from 2Q 2023). Net income: CN¥33.2m (up 78% from 2Q 2023). Profit margin: 21% (up from 13% in 2Q 2023). The increase in margin was primarily driven by higher revenue. Revenue is forecast to grow 41% p.a. on average during the next 2 years, compared to a 17% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has fallen by 56% per year but the company’s share price has increased by 15% per year, which means it is well ahead of earnings.
New Risk • Aug 09New major risk - Revenue and earnings growthEarnings have declined by 31% 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 Share price has been highly volatile over the past 3 months (10% average weekly change). Earnings have declined by 31% per year over the past 5 years. Minor Risk Shareholders have been diluted in the past year (9.0% increase in shares outstanding).
お知らせ • Jun 29Beijing Tricolor Technology Co., Ltd to Report First Half, 2024 Results on Aug 09, 2024Beijing Tricolor Technology Co., Ltd announced that they will report first half, 2024 results on Aug 09, 2024
分析記事 • Jun 28Capital Allocation Trends At Beijing Tricolor Technology (SHSE:603516) Aren't IdealIf we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Typically, we'll...
分析記事 • Apr 30Beijing Tricolor Technology Co., Ltd (SHSE:603516) Looks Just Right With A 28% Price JumpDespite an already strong run, Beijing Tricolor Technology Co., Ltd ( SHSE:603516 ) shares have been powering on, with...
分析記事 • Apr 24Beijing Tricolor Technology's (SHSE:603516) Anemic Earnings Might Be Worse Than You ThinkBeijing Tricolor Technology Co., Ltd's ( SHSE:603516 ) earnings announcement last week contained some soft numbers...
お知らせ • Apr 19Beijing Tricolor Technology Co., Ltd, Annual General Meeting, May 08, 2024Beijing Tricolor Technology Co., Ltd, Annual General Meeting, May 08, 2024, at 13:30 China Standard Time. Location: 8F, Building 1, Yard No. 39, Linfeng 2nd Road, Haidian District, Beijing China
Reported Earnings • Apr 18Full year 2023 earnings: EPS and revenues miss analyst expectationsFull year 2023 results: EPS: CN¥0.09 (down from CN¥0.16 in FY 2022). Revenue: CN¥499.0m (up 31% from FY 2022). Net income: CN¥17.5m (down 40% from FY 2022). Profit margin: 3.5% (down from 7.7% in FY 2022). Revenue missed analyst estimates by 6.4%. Earnings per share (EPS) also missed analyst estimates by 61%. Revenue is forecast to grow 33% p.a. on average during the next 2 years, compared to a 18% growth forecast for the Electronic industry in China. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 72 percentage points per year, which is a significant difference in performance.
New Risk • Apr 02New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 6.5% 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 Risk Share price has been highly volatile over the past 3 months (12% average weekly change). Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (4.3% net profit margin). Shareholders have been diluted in the past year (6.5% increase in shares outstanding).
お知らせ • Mar 29Beijing Tricolor Technology Co., Ltd to Report Q1, 2024 Results on Apr 25, 2024Beijing Tricolor Technology Co., Ltd announced that they will report Q1, 2024 results on Apr 25, 2024
分析記事 • Mar 15Is Beijing Tricolor Technology (SHSE:603516) A Risky Investment?Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
分析記事 • Feb 27Beijing Tricolor Technology Co., Ltd's (SHSE:603516) Shares Climb 26% But Its Business Is Yet to Catch UpBeijing Tricolor Technology Co., Ltd ( SHSE:603516 ) shares have had a really impressive month, gaining 26% after a...
お知らせ • Feb 01Beijing Tricolor Technology Co., Ltd (SHSE:603516) announces an Equity Buyback for CNY 40 million worth of its shares.Beijing Tricolor Technology Co., Ltd (SHSE:603516) announces a share repurchase program. Under the program, the company will repurchase up to CNY 40 million worth of its Class A shares. The shares will be repurchased at a price not more than CNY 30 per share. The repurchased shares will be used for ESOP or equity incentives. The program will be valid for a period of 12 months.
お知らせ • Dec 29Beijing Tricolor Technology Co., Ltd to Report Fiscal Year 2023 Results on Apr 18, 2024Beijing Tricolor Technology Co., Ltd announced that they will report fiscal year 2023 results on Apr 18, 2024
New Risk • Dec 05New 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 8.0% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (8.0% average weekly change). Earnings have declined by 19% per year over the past 5 years. Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (4.3% net profit margin).
Reported Earnings • Nov 01Third quarter 2023 earnings released: EPS: CN¥0.02 (vs CN¥0.017 in 3Q 2022)Third quarter 2023 results: EPS: CN¥0.02 (up from CN¥0.017 in 3Q 2022). Revenue: CN¥119.4m (up 19% from 3Q 2022). Net income: CN¥4.98m (up 75% from 3Q 2022). Profit margin: 4.2% (up from 2.8% in 3Q 2022). Over the last 3 years on average, earnings per share has fallen by 55% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings.
New Risk • Oct 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 6.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 14% per year over the past 5 years. Minor Risks Dividend is not well covered by earnings (100% payout ratio). Share price has been volatile over the past 3 months (6.2% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (4.0% net profit margin).
Reported Earnings • Aug 02Second quarter 2023 earnings released: EPS: CN¥0.12 (vs CN¥0.13 in 2Q 2022)Second quarter 2023 results: EPS: CN¥0.12 (down from CN¥0.13 in 2Q 2022). Revenue: CN¥145.8m (up 41% from 2Q 2022). Net income: CN¥18.6m (down 31% from 2Q 2022). Profit margin: 13% (down from 26% in 2Q 2022). Over the last 3 years on average, earnings per share has fallen by 44% per year but the company’s share price has only fallen by 15% per year, which means it has not declined as severely as earnings.
お知らせ • Jun 28Beijing Tricolor Technology Co., Ltd to Report First Half, 2023 Results on Aug 02, 2023Beijing Tricolor Technology Co., Ltd announced that they will report first half, 2023 results on Aug 02, 2023
Reported Earnings • Mar 22Full year 2022 earnings released: EPS: CN¥0.16 (vs CN¥0.45 in FY 2021)Full year 2022 results: EPS: CN¥0.16 (down from CN¥0.45 in FY 2021). Revenue: CN¥380.8m (down 19% from FY 2021). Net income: CN¥29.3m (down 65% from FY 2021). Profit margin: 7.7% (down from 18% in FY 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has only fallen by 15% per year, which means it has not declined as severely as earnings.
Valuation Update With 7 Day Price Move • Feb 02Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CN¥18.33, the stock trades at a trailing P/E ratio of 63.3x. Average trailing P/E is 38x in the Electronic industry in China. Total loss to shareholders of 42% over the past three years.
Valuation Update With 7 Day Price Move • Nov 21Investor sentiment improved over the past weekAfter last week's 20% share price gain to CN¥17.90, the stock trades at a trailing P/E ratio of 61.8x. Average trailing P/E is 37x in the Electronic industry in China. Total loss to shareholders of 21% over the past three years.
Reported Earnings • Oct 27Third quarter 2022 earnings released: EPS: CN¥0.017 (vs CN¥0.12 in 3Q 2021)Third quarter 2022 results: EPS: CN¥0.017 (down from CN¥0.12 in 3Q 2021). Revenue: CN¥100.4m (down 19% from 3Q 2021). Net income: CN¥2.86m (down 88% from 3Q 2021). Profit margin: 2.8% (down from 19% in 3Q 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 17% per year whereas the company’s share price has fallen by 21% per year.
Valuation Update With 7 Day Price Move • Oct 17Investor sentiment improved over the past weekAfter last week's 16% share price gain to CN¥13.06, the stock trades at a trailing P/E ratio of 32.8x. Average trailing P/E is 32x in the Electronic industry in China. Total loss to shareholders of 43% over the past three years.
Valuation Update With 7 Day Price Move • Aug 24Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to CN¥13.48, the stock trades at a trailing P/E ratio of 33.9x. Average trailing P/E is 40x in the Electronic industry in China. Total loss to shareholders of 42% over the past three years.
Valuation Update With 7 Day Price Move • Aug 03Investor sentiment improved over the past weekAfter last week's 17% share price gain to CN¥14.41, the stock trades at a trailing P/E ratio of 36.3x. Average trailing P/E is 36x in the Electronic industry in China. Total loss to shareholders of 33% over the past three years.
Reported Earnings • Jul 28Second quarter 2022 earnings released: EPS: CN¥0.13 (vs CN¥0.098 in 2Q 2021)Second quarter 2022 results: EPS: CN¥0.13 (up from CN¥0.098 in 2Q 2021). Revenue: CN¥103.8m (down 13% from 2Q 2021). Net income: CN¥27.1m (up 71% from 2Q 2021). Profit margin: 26% (up from 13% in 2Q 2021). Over the last 3 years on average, earnings per share has fallen by 10% per year whereas the company’s share price has fallen by 13% per year.
お知らせ • May 10Beijing Tricolor Technology Co., Ltd (SHSE:603516) announces an Equity Buyback for CNY 60 million worth of its shares.Beijing Tricolor Technology Co., Ltd (SHSE:603516) announces a share repurchase program. Under the program, the company will repurchase up to CNY 60 million worth of its shares. The shares will be repurchased at a price not more than CNY 18 per share. The repurchased shares will be used for equity incentives. The program will be valid for a period of 12 months.
Reported Earnings • Apr 21First quarter 2022 earnings: EPS and revenues miss analyst expectationsFirst quarter 2022 results: CN¥0.05 loss per share (down from CN¥0.064 profit in 1Q 2021). Revenue: CN¥66.6m (down 23% from 1Q 2021). Net loss: CN¥8.37m (down 171% from profit in 1Q 2021). Revenue missed analyst estimates by 6.7%. Earnings per share (EPS) were also behind analyst expectations. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has fallen by 12% per year, which means it is performing significantly worse than earnings.
Valuation Update With 7 Day Price Move • Dec 08Investor sentiment improved over the past weekAfter last week's 15% share price gain to CN¥20.55, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 29x in the Electronic industry in China. Total returns to shareholders of 34% over the past three years.
Reported Earnings • Oct 26Third quarter 2021 earnings released: EPS CN¥0.12 (vs CN¥0.24 in 3Q 2020)The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: CN¥124.4m (down 20% from 3Q 2020). Net income: CN¥23.3m (down 47% from 3Q 2020). Profit margin: 19% (down from 28% in 3Q 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 8% per year whereas the company’s share price has increased by 3% per year.
Price Target Changed • Aug 18Price target decreased to CN¥30.30Down from CN¥40.40, the current price target is an average from 2 analysts. New target price is 62% above last closing price of CN¥18.75. Stock is down 36% over the past year.
Reported Earnings • Aug 11Second quarter 2021 earnings released: EPS CN¥0.098 (vs CN¥0.18 in 2Q 2020)The company reported a soft second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2021 results: Revenue: CN¥119.9m (up 8.0% from 2Q 2020). Net income: CN¥15.8m (down 58% from 2Q 2020). Profit margin: 13% (down from 34% 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 10% 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 • Aug 04Investor sentiment improved over the past weekAfter last week's 15% share price gain to CN¥21.68, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 31x in the Electronic industry in China. Total returns to shareholders of 10.0% over the past three years.
Reported Earnings • Apr 20First quarter 2021 earnings released: EPS CN¥0.09 (vs CN¥0.014 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: CN¥85.9m (up 71% from 1Q 2020). Net income: CN¥11.9m (up 410% from 1Q 2020). Profit margin: 14% (up from 4.6% in 1Q 2020). 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 fallen by 3% per year, which means it is significantly lagging earnings.
Valuation Update With 7 Day Price Move • Apr 16Investor sentiment deteriorated over the past weekAfter last week's 29% share price decline to CN¥26.87, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 25x in the Electronic industry in China. Total loss to shareholders of 28% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥12.99 per share.
Analyst Estimate Surprise Post Earnings • Mar 05Revenue and earnings miss expectationsRevenue missed analyst estimates by 6.7%. Earnings per share (EPS) also missed analyst estimates by 16%. Over the next year, revenue is forecast to grow 44%, compared to a 31% growth forecast for the Electronic industry in China.
Reported Earnings • Mar 05Full year 2020 earnings released: EPS CN¥0.96 (vs CN¥0.87 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¥482.6m (up 30% from FY 2019). Net income: CN¥128.3m (up 12% from FY 2019). Profit margin: 27% (down from 31% in FY 2019). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 2% per year whereas the company’s share price has fallen by 6% per year.
Is New 90 Day High Low • Feb 25New 90-day high: CN¥34.98The company is up 7.0% from its price of CN¥32.82 on 27 November 2020. The Chinese market is up 6.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is down 1.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥6.86 per share.
Valuation Update With 7 Day Price Move • Feb 22Investor sentiment improved over the past weekAfter last week's 20% share price gain to CN¥33.19, the stock is trading at a trailing P/E ratio of 43.6x, up from the previous P/E ratio of 36.2x. This compares to an average P/E of 40x in the Electronic industry in China. Total returns to shareholders over the past three years were flat.
Is New 90 Day High Low • Jan 26New 90-day low: CN¥29.35The company is down 20% from its price of CN¥36.83 on 28 October 2020. The Chinese market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 7.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥6.90 per share.
お知らせ • Jan 21Beijing Tricolor Technology Co., Ltd to Report Fiscal Year 2020 Results on Mar 05, 2021Beijing Tricolor Technology Co., Ltd announced that they will report fiscal year 2020 results on Mar 05, 2021
Is New 90 Day High Low • Dec 28New 90-day low: CN¥30.60The company is down 7.0% from its price of CN¥33.00 on 29 September 2020. The Chinese market is up 6.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 4.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥6.93 per share.
Is New 90 Day High Low • Dec 12New 90-day low: CN¥31.72The company is down 8.0% from its price of CN¥34.38 on 11 September 2020. The Chinese market is up 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic 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¥6.97 per share.
Reported Earnings • Oct 30Third quarter earnings releasedOver the last 12 months the company has reported total profits of CN¥101.7m, down 10.0% from the prior year. Total revenue was CN¥406.9m over the last 12 months, up 14% from the prior year.
お知らせ • Oct 28Beijing Tricolor Technology Co., Ltd to Report Q3, 2020 Results on Oct 30, 2020Beijing Tricolor Technology Co., Ltd announced that they will report Q3, 2020 results on Oct 30, 2020
お知らせ • Jul 08Beijing Tricolor Technology Co., Ltd to Report First Half, 2020 Results on Aug 20, 2020Beijing Tricolor Technology Co., Ltd announced that they will report first half, 2020 results on Aug 20, 2020