Jiangsu Lettall ElectronicLtd（603629）株式概要江蘇麗達電子有限公司は、中国で電子部品と金属構造部品を生産・販売しています。 詳細603629 ファンダメンタル分析スノーフレーク・スコア評価1/6将来の成長0/6過去の実績5/6財務の健全性4/6配当金2/6報酬過去1年間で収益は2448.1%増加しました リスク分析CN市場と比較して、過去 3 か月間の株価の変動が非常に大きい多額の負債を抱えている すべてのリスクチェックを見る603629 Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.Your Fair ValueCN¥Current PriceCN¥214.0811.1% 割安 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture07b2016201920222025202620282031Revenue CN¥6.7bEarnings CN¥996.5mAdvancedSet Fair ValueView all narrativesJiangsu Lettall Electronic Co.,Ltd 競合他社Nanya New Material TechnologyLtdSymbol: SHSE:688519Market cap: CN¥49.3bCASTECHSymbol: SZSE:002222Market cap: CN¥47.1bZhejiang Crystal-OptechSymbol: SZSE:002273Market cap: CN¥58.5bShenzhen Everwin Precision TechnologySymbol: SZSE:300115Market cap: CN¥49.1b価格と性能株価の高値、安値、推移の概要Jiangsu Lettall ElectronicLtd過去の株価現在の株価CN¥214.0852週高値CN¥216.8852週安値CN¥20.62ベータ1.461ヶ月の変化97.31%3ヶ月変化302.41%1年変化835.26%3年間の変化1,241.59%5年間の変化1,973.11%IPOからの変化1,410.43%最新ニュースNew Risk • May 15New minor risk - Financial positionThe company has a high level of debt. Net debt to equity ratio: 79% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (14% average weekly change). Minor Risk High level of debt (79% net debt to equity).Reported Earnings • Apr 28Full year 2025 earnings released: EPS: CN¥1.12 (vs CN¥0.10 in FY 2024)Full year 2025 results: EPS: CN¥1.12 (up from CN¥0.10 in FY 2024). Revenue: CN¥3.31b (up 47% from FY 2024). Net income: CN¥292.6m (up CN¥268.0m from FY 2024). Profit margin: 8.8% (up from 1.1% in FY 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 50% per year but the company’s share price has increased by 105% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Apr 28Jiangsu Lettall Electronic Co.,Ltd, Annual General Meeting, May 28, 2026Jiangsu Lettall Electronic Co.,Ltd, Annual General Meeting, May 28, 2026, at 14:00 China Standard Time. Location: The Company's Meeting Room, Yixing, Jiangsu Chinaお知らせ • Mar 30Jiangsu Lettall Electronic Co.,Ltd to Report Q1, 2026 Results on Apr 28, 2026Jiangsu Lettall Electronic Co.,Ltd announced that they will report Q1, 2026 results on Apr 28, 2026New Risk • Jan 30New 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: Minor Risks High level of debt (70% net debt to equity). Share price has been volatile over the past 3 months (7.4% average weekly change). Large one-off items impacting financial results.Valuation Update With 7 Day Price Move • Jan 27Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CN¥34.65, the stock trades at a trailing P/E ratio of 48.2x. Average trailing P/E is 60x in the Electronic industry in China. Total returns to shareholders of 171% over the past three years.最新情報をもっと見るRecent updatesNew Risk • May 15New minor risk - Financial positionThe company has a high level of debt. Net debt to equity ratio: 79% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (14% average weekly change). Minor Risk High level of debt (79% net debt to equity).Reported Earnings • Apr 28Full year 2025 earnings released: EPS: CN¥1.12 (vs CN¥0.10 in FY 2024)Full year 2025 results: EPS: CN¥1.12 (up from CN¥0.10 in FY 2024). Revenue: CN¥3.31b (up 47% from FY 2024). Net income: CN¥292.6m (up CN¥268.0m from FY 2024). Profit margin: 8.8% (up from 1.1% in FY 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 50% per year but the company’s share price has increased by 105% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Apr 28Jiangsu Lettall Electronic Co.,Ltd, Annual General Meeting, May 28, 2026Jiangsu Lettall Electronic Co.,Ltd, Annual General Meeting, May 28, 2026, at 14:00 China Standard Time. Location: The Company's Meeting Room, Yixing, Jiangsu Chinaお知らせ • Mar 30Jiangsu Lettall Electronic Co.,Ltd to Report Q1, 2026 Results on Apr 28, 2026Jiangsu Lettall Electronic Co.,Ltd announced that they will report Q1, 2026 results on Apr 28, 2026New Risk • Jan 30New 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: Minor Risks High level of debt (70% net debt to equity). Share price has been volatile over the past 3 months (7.4% average weekly change). Large one-off items impacting financial results.Valuation Update With 7 Day Price Move • Jan 27Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CN¥34.65, the stock trades at a trailing P/E ratio of 48.2x. Average trailing P/E is 60x in the Electronic industry in China. Total returns to shareholders of 171% over the past three years.お知らせ • Dec 26Jiangsu Lettall Electronic Co.,Ltd to Report Fiscal Year 2025 Results on Apr 28, 2026Jiangsu Lettall Electronic Co.,Ltd announced that they will report fiscal year 2025 results on Apr 28, 2026Valuation Update With 7 Day Price Move • Nov 06Investor sentiment improves as stock rises 18%After last week's 18% share price gain to CN¥28.83, the stock trades at a trailing P/E ratio of 39.7x. Average trailing P/E is 55x in the Electronic industry in China. Total returns to shareholders of 122% over the past three years.Reported Earnings • Nov 03Third quarter 2025 earnings released: EPS: CN¥0.61 (vs CN¥0.04 in 3Q 2024)Third quarter 2025 results: EPS: CN¥0.61 (up from CN¥0.04 in 3Q 2024). Revenue: CN¥946.3m (up 57% from 3Q 2024). Net income: CN¥164.9m (up CN¥154.1m from 3Q 2024). Profit margin: 17% (up from 1.8% in 3Q 2024). Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has increased by 28% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Sep 30Jiangsu Lettall Electronic Co.,Ltd to Report Q3, 2025 Results on Oct 31, 2025Jiangsu Lettall Electronic Co.,Ltd announced that they will report Q3, 2025 results on Oct 31, 2025お知らせ • Jul 10Ferrotec (An Hui) Technology Development Co.,LTD (SZSE:301297) acquired Jiangsu Ferrotec Semiconductor Technology Co., Ltd. from a group of shareholders.Ferrotec (An Hui) Technology Development Co.,LTD (SZSE:301297) agreed to acquire Jiangsu Ferrotec Semiconductor Technology Co., Ltd. from a group of shareholders for CNY 6.2 billion on October 17, 2024. Number of shares to be issued for the issuance of shares: 379,760,567 shares, accounting for 52.88% of the total share capital of the listed company after issuance (excluding the raised supporting funds, and assuming the transaction parties have not converted their convertible bonds into shares. Type of securities for convertible corporate bonds: Corporate bonds convertible into RMB ordinary shares (A-shares) of the listed company. Number of convertible corporate bonds issued: 3,599,009 bonds Initial conversion price for convertible corporate bonds CNY16.30 per share, not less than 80% of the average trading price of the listed company's stock over the 20 trading days prior to the pricing reference date. As part of the consideration Ferrotec (An Hui) Technology Development Co.,LTD's issued shares and convertible corporate bonds. The transaction is subject to approval by regulatory board / committee, approval of offer by acquirer shareholders and approval of offer by acquirer board. As on May 29, 2025 The planned issuance of shares and convertible corporate bonds of Ferrotec (An Hui) Technology Development Co.,LTD to purchase the 100% stakes in Jiangsu Ferrotec Semiconductor Technology Co., Ltd. and raise supporting funds was reviewed and approved by Mergers and Acquisitions Review Committee of the Shenzhen Stock Exchange. As of June 27, 2025, The China Securities Regulatory Commission has approved regarding the issuance of shares and convertible corporate bonds by Anhui Fulede Technology Development Co., Ltd. for asset purchase and the registration of matching funds. This approval is valid for 12 months from the date of issuance. Ferrotec (An Hui) Technology Development Co.,LTD (SZSE:301297) completed the acquisition of Jiangsu Ferrotec Semiconductor Technology Co., Ltd. from a group of shareholders on July 8, 2025.お知らせ • Jun 30Jiangsu Lettall Electronic Co.,Ltd to Report First Half, 2025 Results on Aug 30, 2025Jiangsu Lettall Electronic Co.,Ltd announced that they will report first half, 2025 results on Aug 30, 2025New Risk • May 19New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 35% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.8x net interest cover). Earnings have declined by 2.7% per year over the past 5 years. High level of non-cash earnings (35% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (10% average weekly change). Profit margins are more than 30% lower than last year (0.8% net profit margin).New Risk • May 16New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 6.8% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (6.8% operating cash flow to total debt). Share price has been highly volatile over the past 3 months (11% average weekly change). Earnings have declined by 0.4% per year over the past 5 years. Minor Risk Profit margins are more than 30% lower than last year (1.1% net profit margin).New Risk • May 05New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 41% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. 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). Earnings have declined by 2.7% per year over the past 5 years. High level of non-cash earnings (41% accrual ratio). Minor Risk Profit margins are more than 30% lower than last year (0.8% net profit margin).Reported Earnings • May 02Full year 2024 earnings released: EPS: CN¥0.10 (vs CN¥0.16 in FY 2023)Full year 2024 results: EPS: CN¥0.10 (down from CN¥0.16 in FY 2023). Revenue: CN¥2.25b (up 19% from FY 2023). Net income: CN¥24.6m (down 39% from FY 2023). Profit margin: 1.1% (down from 2.1% in FY 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 22% per year but the company’s share price has increased by 37% per year, which means it is well ahead of earnings.お知らせ • Apr 29Jiangsu Lettall Electronic Co.,Ltd, Annual General Meeting, May 20, 2025Jiangsu Lettall Electronic Co.,Ltd, Annual General Meeting, May 20, 2025, at 14:00 China Standard Time.お知らせ • Mar 28Jiangsu Lettall Electronic Co.,Ltd to Report Q1, 2025 Results on Apr 29, 2025Jiangsu Lettall Electronic Co.,Ltd announced that they will report Q1, 2025 results on Apr 29, 2025New Risk • Mar 13New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Chinese stocks, typically moving 10% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (10% average weekly change). High level of non-cash earnings (46% accrual ratio).New Risk • Feb 08New 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 8.6% 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 High level of non-cash earnings (46% accrual ratio). Minor Risk Share price has been volatile over the past 3 months (8.6% average weekly change).お知らせ • Dec 27Jiangsu Lettall Electronic Co.,Ltd to Report Fiscal Year 2024 Results on Apr 29, 2025Jiangsu Lettall Electronic Co.,Ltd announced that they will report fiscal year 2024 results on Apr 29, 2025Reported Earnings • Nov 01Third quarter 2024 earnings released: EPS: CN¥0.04 (vs CN¥0.013 in 3Q 2023)Third quarter 2024 results: EPS: CN¥0.04 (up from CN¥0.013 in 3Q 2023). Revenue: CN¥602.4m (up 28% from 3Q 2023). Net income: CN¥10.8m (up 213% from 3Q 2023). Profit margin: 1.8% (up from 0.7% in 3Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has increased by 20% per year, which means it is well ahead of earnings.Valuation Update With 7 Day Price Move • Oct 15Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to CN¥16.77, the stock trades at a trailing P/E ratio of 78.9x. Average trailing P/E is 41x in the Electronic industry in China. Total returns to shareholders of 71% over the past three years.お知らせ • Sep 30Jiangsu Lettall Electronic Co.,Ltd to Report Q3, 2024 Results on Oct 31, 2024Jiangsu Lettall Electronic Co.,Ltd announced that they will report Q3, 2024 results on Oct 31, 2024New Risk • Sep 11New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 48% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 2.4% per year over the past 5 years. High level of non-cash earnings (48% accrual ratio).お知らせ • Jun 28Jiangsu Lettall Electronic Co.,Ltd to Report First Half, 2024 Results on Aug 27, 2024Jiangsu Lettall Electronic Co.,Ltd announced that they will report first half, 2024 results on Aug 27, 2024New Risk • Apr 30New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 22% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 5.0% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (11% average weekly change). Large one-off items impacting financial results.お知らせ • Apr 23Jiangsu Lettall Electronic Co.,Ltd, Annual General Meeting, May 16, 2024Jiangsu Lettall Electronic Co.,Ltd, Annual General Meeting, May 16, 2024, at 14:00 China Standard Time. Location: The Company's Meeting Room, Yixing, Jiangsu ChinaReported Earnings • Apr 23First quarter 2024 earnings released: EPS: CN¥0.13 (vs CN¥0.057 in 1Q 2023)First quarter 2024 results: EPS: CN¥0.13 (up from CN¥0.057 in 1Q 2023). Revenue: CN¥427.9m (flat on 1Q 2023). Net income: CN¥33.1m (up 127% from 1Q 2023). Profit margin: 7.7% (up from 3.4% in 1Q 2023). Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has increased by 26% per year, which means it is well ahead of earnings.お知らせ • Mar 29Jiangsu Lettall Electronic Co.,Ltd to Report Q1, 2024 Results on Apr 30, 2024Jiangsu Lettall Electronic Co.,Ltd announced that they will report Q1, 2024 results on Apr 30, 2024お知らせ • Feb 09Jiangsu Lettall Electronic Co.,Ltd (SHSE:603629) announces an Equity Buyback for CNY 50 million worth of its shares.Jiangsu Lettall Electronic Co.,Ltd (SHSE:603629) announces a share repurchase program. Under the program, the company will repurchase up to CNY 50 million worth of its A shares. The shares will be repurchased at a price not more than CNY 39.29 per share. The purpose of the program is to maintain company value and shareholder rights. The program will be valid for a period of 3 months.お知らせ • Dec 29Jiangsu Lettall Electronic Co.,Ltd to Report Fiscal Year 2023 Results on Apr 23, 2024Jiangsu Lettall Electronic Co.,Ltd announced that they will report fiscal year 2023 results on Apr 23, 2024Reported Earnings • Nov 01Third quarter 2023 earnings released: EPS: CN¥0.013 (vs CN¥0.086 in 3Q 2022)Third quarter 2023 results: EPS: CN¥0.013 (down from CN¥0.086 in 3Q 2022). Revenue: CN¥469.6m (up 11% from 3Q 2022). Net income: CN¥3.44m (down 84% from 3Q 2022). Profit margin: 0.7% (down from 5.1% in 3Q 2022). 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 29% per year, which means it is well ahead of earnings.Reported Earnings • Aug 29Second quarter 2023 earnings released: EPS: CN¥0.053 (vs CN¥0.055 in 2Q 2022)Second quarter 2023 results: EPS: CN¥0.053 (down from CN¥0.055 in 2Q 2022). Revenue: CN¥543.1m (up 15% from 2Q 2022). Net income: CN¥12.6m (down 14% from 2Q 2022). Profit margin: 2.3% (down from 3.1% in 2Q 2022). Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has increased by 19% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Jun 28Jiangsu Lettall Electronic Co.,Ltd to Report First Half, 2023 Results on Aug 29, 2023Jiangsu Lettall Electronic Co.,Ltd announced that they will report first half, 2023 results on Aug 29, 2023Valuation Update With 7 Day Price Move • Jun 01Investor sentiment improves as stock rises 25%After last week's 25% share price gain to CN¥24.57, the stock trades at a trailing P/E ratio of 70.3x. Average trailing P/E is 45x in the Electronic industry in China. Total returns to shareholders of 52% over the past three years.Reported Earnings • Apr 26Full year 2022 earnings released: EPS: CN¥0.36 (vs CN¥0.41 in FY 2021)Full year 2022 results: EPS: CN¥0.36. Revenue: CN¥2.03b (up 12% from FY 2021). Net income: CN¥65.9m (up 14% from FY 2021). Profit margin: 3.3% (up from 3.2% in FY 2021). The increase in margin was driven by higher revenue.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. 11 experienced directors. No highly experienced directors. 3 independent directors (4 non-independent directors). Independent Director Yuanyang Li was the last independent director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Reported Earnings • Oct 29Third quarter 2022 earnings released: EPS: CN¥0.12 (vs CN¥0.056 in 3Q 2021)Third quarter 2022 results: EPS: CN¥0.12 (up from CN¥0.056 in 3Q 2021). Revenue: CN¥422.1m (down 10% from 3Q 2021). Net income: CN¥21.7m (up 188% from 3Q 2021). Profit margin: 5.1% (up from 1.6% in 3Q 2021). Over the last 3 years on average, earnings per share has remained flat whereas the company’s share price has fallen by 3% per year.Valuation Update With 7 Day Price Move • Oct 12Investor sentiment improved over the past weekAfter last week's 15% share price gain to CN¥18.32, the stock trades at a trailing P/E ratio of 52.2x. Average trailing P/E is 29x in the Electronic industry in China. Total loss to shareholders of 12% over the past three years.Reported Earnings • Aug 26Second quarter 2022 earnings released: EPS: CN¥0.077 (vs CN¥0.13 in 2Q 2021)Second quarter 2022 results: EPS: CN¥0.077 (down from CN¥0.13 in 2Q 2021). Revenue: CN¥471.5m (up 13% from 2Q 2021). Net income: CN¥14.7m (down 21% from 2Q 2021). Profit margin: 3.1% (down from 4.4% in 2Q 2021). Over the last 3 years on average, earnings per share has fallen by 8% per year whereas the company’s share price has fallen by 4% per year.Valuation Update With 7 Day Price Move • Jun 08Investor sentiment deteriorated over the past weekAfter last week's 25% share price decline to CN¥16.10, the stock trades at a trailing P/E ratio of 30.9x. Average trailing P/E is 34x in the Electronic industry in China. Total loss to shareholders of 48% over the past three years.Valuation Update With 7 Day Price Move • May 10Investor sentiment improved over the past weekAfter last week's 17% share price gain to CN¥20.03, the stock trades at a trailing P/E ratio of 38.4x. Average trailing P/E is 29x in the Electronic industry in China. Total loss to shareholders of 33% over the past three years.Reported Earnings • May 02First quarter 2022 earnings released: EPS: CN¥0.13 (vs CN¥0.07 in 1Q 2021)First quarter 2022 results: EPS: CN¥0.13 (up from CN¥0.07 in 1Q 2021). Revenue: CN¥384.0m (down 1.5% from 1Q 2021). Net income: CN¥16.9m (up 146% from 1Q 2021). Profit margin: 4.4% (up from 1.8% in 1Q 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 14% per year whereas the company’s share price has fallen by 16% per year.Valuation Update With 7 Day Price Move • Nov 19Investor sentiment improved over the past weekAfter last week's 16% share price gain to CN¥23.01, the stock trades at a trailing P/E ratio of 49.8x. Average trailing P/E is 40x in the Electronic industry in China. Total loss to shareholders of 22% over the past year.Reported Earnings • Oct 31Third quarter 2021 earnings released: EPS CN¥0.078 (vs CN¥0.13 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¥469.4m (up 5.1% from 3Q 2020). Net income: CN¥7.54m (down 40% from 3Q 2020). Profit margin: 1.6% (down from 2.8% in 3Q 2020). The decrease in margin was driven by higher expenses.Reported Earnings • Aug 20Second quarter 2021 earnings released: EPS CN¥0.18 (vs CN¥0.15 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CN¥419.2m (up 11% from 2Q 2020). Net income: CN¥18.6m (up 17% from 2Q 2020). Profit margin: 4.4% (up from 4.2% in 2Q 2020). The increase in margin was driven by higher revenue.Valuation Update With 7 Day Price Move • Jul 26Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to CN¥20.93, the stock trades at a trailing P/E ratio of 44x. Average trailing P/E is 39x in the Electronic industry in China. Total loss to shareholders of 13% over the past year.Valuation Update With 7 Day Price Move • Jul 02Investor sentiment improved over the past weekAfter last week's 19% share price gain to CN¥23.97, the stock trades at a trailing P/E ratio of 50.4x. Average trailing P/E is 37x in the Electronic industry in China. Negligible returns to shareholders over past year.お知らせ • May 27Jiangsu Lettall Electronic Co.,Ltd (SHSE:603629) signed an Equity Transfer Agreement to acquire 42.47% stake in Nanjing Jinning Microwave Co., Ltd. from Group of Sellers for CNY 39.87 million.Jiangsu Lettall Electronic Co.,Ltd (SHSE:603629) signed an Equity Transfer Agreement to acquire 42.47% stake in Nanjing Jinning Microwave Co., Ltd. from Group of Sellers for CNY 39.87 million on May 26, 2021. As on March 31, 2021, Nanjing Jinning Microwave Co., Ltd. reported total assets of CNY 65.7 million, Net assets of CNY 58.38 million, EBIT of CNY 3.07 million, Revenue of CNY 7.21 million and Net proft of CNY 2.92millions.Transaction is approved by the Board of Jiangsu Lettall Electronic Co.,Ltd.Reported Earnings • Apr 25Full year 2020 earnings released: EPS CN¥0.46 (vs CN¥0.63 in FY 2019)The company reported a soft full year result with weaker earnings and profit margins, although revenues improved. Full year 2020 results: Revenue: CN¥1.65b (up 1.7% from FY 2019). Net income: CN¥46.4m (down 27% from FY 2019). Profit margin: 2.8% (down from 3.9% in FY 2019). The decrease in margin was driven by higher expenses.Valuation Update With 7 Day Price Move • Apr 02Investor sentiment deteriorated over the past weekAfter last week's 20% share price decline to CN¥28.01, the stock trades at a trailing P/E ratio of 60.8x. Average trailing P/E is 37x in the Electronic industry in China. Total returns to shareholders of 24% over the past year.Valuation Update With 7 Day Price Move • Nov 28Market bids up stock over the past weekAfter last week's 15% share price gain to CN¥34.22, the stock is trading at a trailing P/E ratio of 74.3x, up from the previous P/E ratio of 64.4x. This compares to an average P/E of 45x in the Electronic industry in China. Total returns to shareholders over the past year are 30%.Is New 90 Day High Low • Nov 27New 90-day high: CN¥32.70The company is up 22% from its price of CN¥26.70 on 28 August 2020. The Chinese market is down 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is down 3.0% over the same period.Reported Earnings • Oct 29Third quarter earnings releasedOver the last 12 months the company has reported total profits of CN¥46.4m, down 38% from the prior year. Total revenue was CN¥1.68b over the last 12 months, up 5.8% from the prior year.Is New 90 Day High Low • Sep 21New 90-day high: CN¥28.84The company is up 22% from its price of CN¥23.56 on 23 June 2020. The Chinese market is up 14% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is up 11% over the same period.お知らせ • Sep 03Jiangsu Lettall Electronic Co.,Ltd announced that it expects to receive CNY 600 million in fundingJiangsu Lettall Electronic Co.,Ltd (SHSE:603629) announced a private placement of up to 30,000,000 A shares for the gross proceeds of CNY 600 million on September 1, 2020. The transaction will include participation from up to 35 specific investors. The transaction has been approved by third meeting of the second board of supervisors and fourth meeting of the company's second board of directors. The transaction is subject to approval of shareholders in first extraordinary general meeting of shareholders in 2020 and China Securities Regulatory Commission. The pricing base date of shares is the first day of the issuance period of the transaction. The issuance price of the transaction is not less than 80% of the average trading price of the company’s A shares in the 20 trading days before the pricing base date. The shares shall not be transferred within six months from the date of completion of the transaction. After the expiration of the restricted sale period, the relevant regulations of the China Securities Regulatory Commission and the Shanghai Stock Exchange shall be implemented.お知らせ • Jul 08Jiangsu Lettall Electronic Co.,Ltd to Report First Half, 2020 Results on Aug 18, 2020Jiangsu Lettall Electronic Co.,Ltd announced that they will report first half, 2020 results on Aug 18, 2020株主還元603629CN ElectronicCN 市場7D18.0%6.3%-0.2%1Y835.3%130.4%36.1%株主還元を見る業界別リターン: 603629過去 1 年間で130.4 % の収益を上げたCN Electronic業界を上回りました。リターン対市場: 603629過去 1 年間で36.1 % の収益を上げたCN市場を上回りました。価格変動Is 603629's price volatile compared to industry and market?603629 volatility603629 Average Weekly Movement13.1%Electronic Industry Average Movement7.8%Market Average Movement6.5%10% most volatile stocks in CN Market10.1%10% least volatile stocks in CN Market4.2%安定した株価: 603629の株価は、 CN市場と比較して過去 3 か月間で変動しています。時間の経過による変動: 603629の weekly volatility ( 13% ) は過去 1 年間安定していますが、依然としてCNの株式の 75% よりも高くなっています。会社概要設立従業員CEO（最高経営責任者ウェブサイト19802,006Qiang Liwww.lettall.com江蘇Lettall電子有限公司は中国で電子部品と金属構造部品を生産、販売している。同社は、液晶テレビ、液晶ディスプレイ、その他のフラットパネルディスプレイに使用される液晶テレビ精密金属プレス構造部品、精密金属フェイスフレーム、ベース、金型、およびその他の電子部品を提供しています。同社は1980年に設立され、中国宜興市に拠点を置く。もっと見るJiangsu Lettall Electronic Co.,Ltd 基礎のまとめJiangsu Lettall ElectronicLtd の収益と売上を時価総額と比較するとどうか。603629 基礎統計学時価総額CN¥55.88b収益（TTM）CN¥534.41m売上高(TTM)CN¥3.60b104.6xPER（株価収益率15.5xP/Sレシオ603629 は割高か？公正価値と評価分析を参照収益と収入最新の決算報告書（TTM）に基づく主な収益性統計603629 損益計算書（TTM）収益CN¥3.60b売上原価CN¥2.47b売上総利益CN¥1.13bその他の費用CN¥596.08m収益CN¥534.41m直近の収益報告Mar 31, 2026次回決算日Jun 02, 2026一株当たり利益（EPS）2.05グロス・マージン31.40%純利益率14.84%有利子負債／自己資本比率107.1%603629 の長期的なパフォーマンスは？過去の実績と比較を見る配当金0.2%現在の配当利回り22%配当性向View Valuation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2026/05/27 19:52終値2026/05/27 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Jiangsu Lettall Electronic 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。0
New Risk • May 15New minor risk - Financial positionThe company has a high level of debt. Net debt to equity ratio: 79% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (14% average weekly change). Minor Risk High level of debt (79% net debt to equity).
Reported Earnings • Apr 28Full year 2025 earnings released: EPS: CN¥1.12 (vs CN¥0.10 in FY 2024)Full year 2025 results: EPS: CN¥1.12 (up from CN¥0.10 in FY 2024). Revenue: CN¥3.31b (up 47% from FY 2024). Net income: CN¥292.6m (up CN¥268.0m from FY 2024). Profit margin: 8.8% (up from 1.1% in FY 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 50% per year but the company’s share price has increased by 105% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Apr 28Jiangsu Lettall Electronic Co.,Ltd, Annual General Meeting, May 28, 2026Jiangsu Lettall Electronic Co.,Ltd, Annual General Meeting, May 28, 2026, at 14:00 China Standard Time. Location: The Company's Meeting Room, Yixing, Jiangsu China
お知らせ • Mar 30Jiangsu Lettall Electronic Co.,Ltd to Report Q1, 2026 Results on Apr 28, 2026Jiangsu Lettall Electronic Co.,Ltd announced that they will report Q1, 2026 results on Apr 28, 2026
New Risk • Jan 30New 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: Minor Risks High level of debt (70% net debt to equity). Share price has been volatile over the past 3 months (7.4% average weekly change). Large one-off items impacting financial results.
Valuation Update With 7 Day Price Move • Jan 27Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CN¥34.65, the stock trades at a trailing P/E ratio of 48.2x. Average trailing P/E is 60x in the Electronic industry in China. Total returns to shareholders of 171% over the past three years.
New Risk • May 15New minor risk - Financial positionThe company has a high level of debt. Net debt to equity ratio: 79% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (14% average weekly change). Minor Risk High level of debt (79% net debt to equity).
Reported Earnings • Apr 28Full year 2025 earnings released: EPS: CN¥1.12 (vs CN¥0.10 in FY 2024)Full year 2025 results: EPS: CN¥1.12 (up from CN¥0.10 in FY 2024). Revenue: CN¥3.31b (up 47% from FY 2024). Net income: CN¥292.6m (up CN¥268.0m from FY 2024). Profit margin: 8.8% (up from 1.1% in FY 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 50% per year but the company’s share price has increased by 105% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Apr 28Jiangsu Lettall Electronic Co.,Ltd, Annual General Meeting, May 28, 2026Jiangsu Lettall Electronic Co.,Ltd, Annual General Meeting, May 28, 2026, at 14:00 China Standard Time. Location: The Company's Meeting Room, Yixing, Jiangsu China
お知らせ • Mar 30Jiangsu Lettall Electronic Co.,Ltd to Report Q1, 2026 Results on Apr 28, 2026Jiangsu Lettall Electronic Co.,Ltd announced that they will report Q1, 2026 results on Apr 28, 2026
New Risk • Jan 30New 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: Minor Risks High level of debt (70% net debt to equity). Share price has been volatile over the past 3 months (7.4% average weekly change). Large one-off items impacting financial results.
Valuation Update With 7 Day Price Move • Jan 27Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CN¥34.65, the stock trades at a trailing P/E ratio of 48.2x. Average trailing P/E is 60x in the Electronic industry in China. Total returns to shareholders of 171% over the past three years.
お知らせ • Dec 26Jiangsu Lettall Electronic Co.,Ltd to Report Fiscal Year 2025 Results on Apr 28, 2026Jiangsu Lettall Electronic Co.,Ltd announced that they will report fiscal year 2025 results on Apr 28, 2026
Valuation Update With 7 Day Price Move • Nov 06Investor sentiment improves as stock rises 18%After last week's 18% share price gain to CN¥28.83, the stock trades at a trailing P/E ratio of 39.7x. Average trailing P/E is 55x in the Electronic industry in China. Total returns to shareholders of 122% over the past three years.
Reported Earnings • Nov 03Third quarter 2025 earnings released: EPS: CN¥0.61 (vs CN¥0.04 in 3Q 2024)Third quarter 2025 results: EPS: CN¥0.61 (up from CN¥0.04 in 3Q 2024). Revenue: CN¥946.3m (up 57% from 3Q 2024). Net income: CN¥164.9m (up CN¥154.1m from 3Q 2024). Profit margin: 17% (up from 1.8% in 3Q 2024). Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has increased by 28% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Sep 30Jiangsu Lettall Electronic Co.,Ltd to Report Q3, 2025 Results on Oct 31, 2025Jiangsu Lettall Electronic Co.,Ltd announced that they will report Q3, 2025 results on Oct 31, 2025
お知らせ • Jul 10Ferrotec (An Hui) Technology Development Co.,LTD (SZSE:301297) acquired Jiangsu Ferrotec Semiconductor Technology Co., Ltd. from a group of shareholders.Ferrotec (An Hui) Technology Development Co.,LTD (SZSE:301297) agreed to acquire Jiangsu Ferrotec Semiconductor Technology Co., Ltd. from a group of shareholders for CNY 6.2 billion on October 17, 2024. Number of shares to be issued for the issuance of shares: 379,760,567 shares, accounting for 52.88% of the total share capital of the listed company after issuance (excluding the raised supporting funds, and assuming the transaction parties have not converted their convertible bonds into shares. Type of securities for convertible corporate bonds: Corporate bonds convertible into RMB ordinary shares (A-shares) of the listed company. Number of convertible corporate bonds issued: 3,599,009 bonds Initial conversion price for convertible corporate bonds CNY16.30 per share, not less than 80% of the average trading price of the listed company's stock over the 20 trading days prior to the pricing reference date. As part of the consideration Ferrotec (An Hui) Technology Development Co.,LTD's issued shares and convertible corporate bonds. The transaction is subject to approval by regulatory board / committee, approval of offer by acquirer shareholders and approval of offer by acquirer board. As on May 29, 2025 The planned issuance of shares and convertible corporate bonds of Ferrotec (An Hui) Technology Development Co.,LTD to purchase the 100% stakes in Jiangsu Ferrotec Semiconductor Technology Co., Ltd. and raise supporting funds was reviewed and approved by Mergers and Acquisitions Review Committee of the Shenzhen Stock Exchange. As of June 27, 2025, The China Securities Regulatory Commission has approved regarding the issuance of shares and convertible corporate bonds by Anhui Fulede Technology Development Co., Ltd. for asset purchase and the registration of matching funds. This approval is valid for 12 months from the date of issuance. Ferrotec (An Hui) Technology Development Co.,LTD (SZSE:301297) completed the acquisition of Jiangsu Ferrotec Semiconductor Technology Co., Ltd. from a group of shareholders on July 8, 2025.
お知らせ • Jun 30Jiangsu Lettall Electronic Co.,Ltd to Report First Half, 2025 Results on Aug 30, 2025Jiangsu Lettall Electronic Co.,Ltd announced that they will report first half, 2025 results on Aug 30, 2025
New Risk • May 19New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 35% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.8x net interest cover). Earnings have declined by 2.7% per year over the past 5 years. High level of non-cash earnings (35% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (10% average weekly change). Profit margins are more than 30% lower than last year (0.8% net profit margin).
New Risk • May 16New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 6.8% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (6.8% operating cash flow to total debt). Share price has been highly volatile over the past 3 months (11% average weekly change). Earnings have declined by 0.4% per year over the past 5 years. Minor Risk Profit margins are more than 30% lower than last year (1.1% net profit margin).
New Risk • May 05New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 41% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. 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). Earnings have declined by 2.7% per year over the past 5 years. High level of non-cash earnings (41% accrual ratio). Minor Risk Profit margins are more than 30% lower than last year (0.8% net profit margin).
Reported Earnings • May 02Full year 2024 earnings released: EPS: CN¥0.10 (vs CN¥0.16 in FY 2023)Full year 2024 results: EPS: CN¥0.10 (down from CN¥0.16 in FY 2023). Revenue: CN¥2.25b (up 19% from FY 2023). Net income: CN¥24.6m (down 39% from FY 2023). Profit margin: 1.1% (down from 2.1% in FY 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 22% per year but the company’s share price has increased by 37% per year, which means it is well ahead of earnings.
お知らせ • Apr 29Jiangsu Lettall Electronic Co.,Ltd, Annual General Meeting, May 20, 2025Jiangsu Lettall Electronic Co.,Ltd, Annual General Meeting, May 20, 2025, at 14:00 China Standard Time.
お知らせ • Mar 28Jiangsu Lettall Electronic Co.,Ltd to Report Q1, 2025 Results on Apr 29, 2025Jiangsu Lettall Electronic Co.,Ltd announced that they will report Q1, 2025 results on Apr 29, 2025
New Risk • Mar 13New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Chinese stocks, typically moving 10% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (10% average weekly change). High level of non-cash earnings (46% accrual ratio).
New Risk • Feb 08New 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 8.6% 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 High level of non-cash earnings (46% accrual ratio). Minor Risk Share price has been volatile over the past 3 months (8.6% average weekly change).
お知らせ • Dec 27Jiangsu Lettall Electronic Co.,Ltd to Report Fiscal Year 2024 Results on Apr 29, 2025Jiangsu Lettall Electronic Co.,Ltd announced that they will report fiscal year 2024 results on Apr 29, 2025
Reported Earnings • Nov 01Third quarter 2024 earnings released: EPS: CN¥0.04 (vs CN¥0.013 in 3Q 2023)Third quarter 2024 results: EPS: CN¥0.04 (up from CN¥0.013 in 3Q 2023). Revenue: CN¥602.4m (up 28% from 3Q 2023). Net income: CN¥10.8m (up 213% from 3Q 2023). Profit margin: 1.8% (up from 0.7% in 3Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has increased by 20% per year, which means it is well ahead of earnings.
Valuation Update With 7 Day Price Move • Oct 15Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to CN¥16.77, the stock trades at a trailing P/E ratio of 78.9x. Average trailing P/E is 41x in the Electronic industry in China. Total returns to shareholders of 71% over the past three years.
お知らせ • Sep 30Jiangsu Lettall Electronic Co.,Ltd to Report Q3, 2024 Results on Oct 31, 2024Jiangsu Lettall Electronic Co.,Ltd announced that they will report Q3, 2024 results on Oct 31, 2024
New Risk • Sep 11New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 48% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 2.4% per year over the past 5 years. High level of non-cash earnings (48% accrual ratio).
お知らせ • Jun 28Jiangsu Lettall Electronic Co.,Ltd to Report First Half, 2024 Results on Aug 27, 2024Jiangsu Lettall Electronic Co.,Ltd announced that they will report first half, 2024 results on Aug 27, 2024
New Risk • Apr 30New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 22% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 5.0% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (11% average weekly change). Large one-off items impacting financial results.
お知らせ • Apr 23Jiangsu Lettall Electronic Co.,Ltd, Annual General Meeting, May 16, 2024Jiangsu Lettall Electronic Co.,Ltd, Annual General Meeting, May 16, 2024, at 14:00 China Standard Time. Location: The Company's Meeting Room, Yixing, Jiangsu China
Reported Earnings • Apr 23First quarter 2024 earnings released: EPS: CN¥0.13 (vs CN¥0.057 in 1Q 2023)First quarter 2024 results: EPS: CN¥0.13 (up from CN¥0.057 in 1Q 2023). Revenue: CN¥427.9m (flat on 1Q 2023). Net income: CN¥33.1m (up 127% from 1Q 2023). Profit margin: 7.7% (up from 3.4% in 1Q 2023). Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has increased by 26% per year, which means it is well ahead of earnings.
お知らせ • Mar 29Jiangsu Lettall Electronic Co.,Ltd to Report Q1, 2024 Results on Apr 30, 2024Jiangsu Lettall Electronic Co.,Ltd announced that they will report Q1, 2024 results on Apr 30, 2024
お知らせ • Feb 09Jiangsu Lettall Electronic Co.,Ltd (SHSE:603629) announces an Equity Buyback for CNY 50 million worth of its shares.Jiangsu Lettall Electronic Co.,Ltd (SHSE:603629) announces a share repurchase program. Under the program, the company will repurchase up to CNY 50 million worth of its A shares. The shares will be repurchased at a price not more than CNY 39.29 per share. The purpose of the program is to maintain company value and shareholder rights. The program will be valid for a period of 3 months.
お知らせ • Dec 29Jiangsu Lettall Electronic Co.,Ltd to Report Fiscal Year 2023 Results on Apr 23, 2024Jiangsu Lettall Electronic Co.,Ltd announced that they will report fiscal year 2023 results on Apr 23, 2024
Reported Earnings • Nov 01Third quarter 2023 earnings released: EPS: CN¥0.013 (vs CN¥0.086 in 3Q 2022)Third quarter 2023 results: EPS: CN¥0.013 (down from CN¥0.086 in 3Q 2022). Revenue: CN¥469.6m (up 11% from 3Q 2022). Net income: CN¥3.44m (down 84% from 3Q 2022). Profit margin: 0.7% (down from 5.1% in 3Q 2022). 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 29% per year, which means it is well ahead of earnings.
Reported Earnings • Aug 29Second quarter 2023 earnings released: EPS: CN¥0.053 (vs CN¥0.055 in 2Q 2022)Second quarter 2023 results: EPS: CN¥0.053 (down from CN¥0.055 in 2Q 2022). Revenue: CN¥543.1m (up 15% from 2Q 2022). Net income: CN¥12.6m (down 14% from 2Q 2022). Profit margin: 2.3% (down from 3.1% in 2Q 2022). Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has increased by 19% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Jun 28Jiangsu Lettall Electronic Co.,Ltd to Report First Half, 2023 Results on Aug 29, 2023Jiangsu Lettall Electronic Co.,Ltd announced that they will report first half, 2023 results on Aug 29, 2023
Valuation Update With 7 Day Price Move • Jun 01Investor sentiment improves as stock rises 25%After last week's 25% share price gain to CN¥24.57, the stock trades at a trailing P/E ratio of 70.3x. Average trailing P/E is 45x in the Electronic industry in China. Total returns to shareholders of 52% over the past three years.
Reported Earnings • Apr 26Full year 2022 earnings released: EPS: CN¥0.36 (vs CN¥0.41 in FY 2021)Full year 2022 results: EPS: CN¥0.36. Revenue: CN¥2.03b (up 12% from FY 2021). Net income: CN¥65.9m (up 14% from FY 2021). Profit margin: 3.3% (up from 3.2% in FY 2021). The increase in margin was driven by higher revenue.
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. 11 experienced directors. No highly experienced directors. 3 independent directors (4 non-independent directors). Independent Director Yuanyang Li was the last independent director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Reported Earnings • Oct 29Third quarter 2022 earnings released: EPS: CN¥0.12 (vs CN¥0.056 in 3Q 2021)Third quarter 2022 results: EPS: CN¥0.12 (up from CN¥0.056 in 3Q 2021). Revenue: CN¥422.1m (down 10% from 3Q 2021). Net income: CN¥21.7m (up 188% from 3Q 2021). Profit margin: 5.1% (up from 1.6% in 3Q 2021). Over the last 3 years on average, earnings per share has remained flat whereas the company’s share price has fallen by 3% per year.
Valuation Update With 7 Day Price Move • Oct 12Investor sentiment improved over the past weekAfter last week's 15% share price gain to CN¥18.32, the stock trades at a trailing P/E ratio of 52.2x. Average trailing P/E is 29x in the Electronic industry in China. Total loss to shareholders of 12% over the past three years.
Reported Earnings • Aug 26Second quarter 2022 earnings released: EPS: CN¥0.077 (vs CN¥0.13 in 2Q 2021)Second quarter 2022 results: EPS: CN¥0.077 (down from CN¥0.13 in 2Q 2021). Revenue: CN¥471.5m (up 13% from 2Q 2021). Net income: CN¥14.7m (down 21% from 2Q 2021). Profit margin: 3.1% (down from 4.4% in 2Q 2021). Over the last 3 years on average, earnings per share has fallen by 8% per year whereas the company’s share price has fallen by 4% per year.
Valuation Update With 7 Day Price Move • Jun 08Investor sentiment deteriorated over the past weekAfter last week's 25% share price decline to CN¥16.10, the stock trades at a trailing P/E ratio of 30.9x. Average trailing P/E is 34x in the Electronic industry in China. Total loss to shareholders of 48% over the past three years.
Valuation Update With 7 Day Price Move • May 10Investor sentiment improved over the past weekAfter last week's 17% share price gain to CN¥20.03, the stock trades at a trailing P/E ratio of 38.4x. Average trailing P/E is 29x in the Electronic industry in China. Total loss to shareholders of 33% over the past three years.
Reported Earnings • May 02First quarter 2022 earnings released: EPS: CN¥0.13 (vs CN¥0.07 in 1Q 2021)First quarter 2022 results: EPS: CN¥0.13 (up from CN¥0.07 in 1Q 2021). Revenue: CN¥384.0m (down 1.5% from 1Q 2021). Net income: CN¥16.9m (up 146% from 1Q 2021). Profit margin: 4.4% (up from 1.8% in 1Q 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 14% per year whereas the company’s share price has fallen by 16% per year.
Valuation Update With 7 Day Price Move • Nov 19Investor sentiment improved over the past weekAfter last week's 16% share price gain to CN¥23.01, the stock trades at a trailing P/E ratio of 49.8x. Average trailing P/E is 40x in the Electronic industry in China. Total loss to shareholders of 22% over the past year.
Reported Earnings • Oct 31Third quarter 2021 earnings released: EPS CN¥0.078 (vs CN¥0.13 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¥469.4m (up 5.1% from 3Q 2020). Net income: CN¥7.54m (down 40% from 3Q 2020). Profit margin: 1.6% (down from 2.8% in 3Q 2020). The decrease in margin was driven by higher expenses.
Reported Earnings • Aug 20Second quarter 2021 earnings released: EPS CN¥0.18 (vs CN¥0.15 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CN¥419.2m (up 11% from 2Q 2020). Net income: CN¥18.6m (up 17% from 2Q 2020). Profit margin: 4.4% (up from 4.2% in 2Q 2020). The increase in margin was driven by higher revenue.
Valuation Update With 7 Day Price Move • Jul 26Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to CN¥20.93, the stock trades at a trailing P/E ratio of 44x. Average trailing P/E is 39x in the Electronic industry in China. Total loss to shareholders of 13% over the past year.
Valuation Update With 7 Day Price Move • Jul 02Investor sentiment improved over the past weekAfter last week's 19% share price gain to CN¥23.97, the stock trades at a trailing P/E ratio of 50.4x. Average trailing P/E is 37x in the Electronic industry in China. Negligible returns to shareholders over past year.
お知らせ • May 27Jiangsu Lettall Electronic Co.,Ltd (SHSE:603629) signed an Equity Transfer Agreement to acquire 42.47% stake in Nanjing Jinning Microwave Co., Ltd. from Group of Sellers for CNY 39.87 million.Jiangsu Lettall Electronic Co.,Ltd (SHSE:603629) signed an Equity Transfer Agreement to acquire 42.47% stake in Nanjing Jinning Microwave Co., Ltd. from Group of Sellers for CNY 39.87 million on May 26, 2021. As on March 31, 2021, Nanjing Jinning Microwave Co., Ltd. reported total assets of CNY 65.7 million, Net assets of CNY 58.38 million, EBIT of CNY 3.07 million, Revenue of CNY 7.21 million and Net proft of CNY 2.92millions.Transaction is approved by the Board of Jiangsu Lettall Electronic Co.,Ltd.
Reported Earnings • Apr 25Full year 2020 earnings released: EPS CN¥0.46 (vs CN¥0.63 in FY 2019)The company reported a soft full year result with weaker earnings and profit margins, although revenues improved. Full year 2020 results: Revenue: CN¥1.65b (up 1.7% from FY 2019). Net income: CN¥46.4m (down 27% from FY 2019). Profit margin: 2.8% (down from 3.9% in FY 2019). The decrease in margin was driven by higher expenses.
Valuation Update With 7 Day Price Move • Apr 02Investor sentiment deteriorated over the past weekAfter last week's 20% share price decline to CN¥28.01, the stock trades at a trailing P/E ratio of 60.8x. Average trailing P/E is 37x in the Electronic industry in China. Total returns to shareholders of 24% over the past year.
Valuation Update With 7 Day Price Move • Nov 28Market bids up stock over the past weekAfter last week's 15% share price gain to CN¥34.22, the stock is trading at a trailing P/E ratio of 74.3x, up from the previous P/E ratio of 64.4x. This compares to an average P/E of 45x in the Electronic industry in China. Total returns to shareholders over the past year are 30%.
Is New 90 Day High Low • Nov 27New 90-day high: CN¥32.70The company is up 22% from its price of CN¥26.70 on 28 August 2020. The Chinese market is down 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is down 3.0% over the same period.
Reported Earnings • Oct 29Third quarter earnings releasedOver the last 12 months the company has reported total profits of CN¥46.4m, down 38% from the prior year. Total revenue was CN¥1.68b over the last 12 months, up 5.8% from the prior year.
Is New 90 Day High Low • Sep 21New 90-day high: CN¥28.84The company is up 22% from its price of CN¥23.56 on 23 June 2020. The Chinese market is up 14% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is up 11% over the same period.
お知らせ • Sep 03Jiangsu Lettall Electronic Co.,Ltd announced that it expects to receive CNY 600 million in fundingJiangsu Lettall Electronic Co.,Ltd (SHSE:603629) announced a private placement of up to 30,000,000 A shares for the gross proceeds of CNY 600 million on September 1, 2020. The transaction will include participation from up to 35 specific investors. The transaction has been approved by third meeting of the second board of supervisors and fourth meeting of the company's second board of directors. The transaction is subject to approval of shareholders in first extraordinary general meeting of shareholders in 2020 and China Securities Regulatory Commission. The pricing base date of shares is the first day of the issuance period of the transaction. The issuance price of the transaction is not less than 80% of the average trading price of the company’s A shares in the 20 trading days before the pricing base date. The shares shall not be transferred within six months from the date of completion of the transaction. After the expiration of the restricted sale period, the relevant regulations of the China Securities Regulatory Commission and the Shanghai Stock Exchange shall be implemented.
お知らせ • Jul 08Jiangsu Lettall Electronic Co.,Ltd to Report First Half, 2020 Results on Aug 18, 2020Jiangsu Lettall Electronic Co.,Ltd announced that they will report first half, 2020 results on Aug 18, 2020
