View Past PerformanceTKD Science and TechnologyLtd バランスシートの健全性財務の健全性 基準チェック /66TKD Science and TechnologyLtdの総株主資本はCN¥1.8B 、総負債はCN¥0.0で、負債比率は0%となります。総資産と総負債はそれぞれCN¥2.3BとCN¥437.0Mです。 TKD Science and TechnologyLtdの EBIT はCN¥47.5Mで、利息カバレッジ比率-4.8です。現金および短期投資はCN¥133.0Mです。主要情報0%負債資本比率CN¥0負債インタレスト・カバレッジ・レシオ-4.8x現金CN¥133.01mエクイティCN¥1.83b負債合計CN¥436.96m総資産CN¥2.26b財務の健全性に関する最新情報更新なしすべての更新を表示Recent updatesお知らせ • Jun 30TKD Science and Technology Co.,Ltd. to Report First Half, 2026 Results on Aug 29, 2026TKD Science and Technology Co.,Ltd. announced that they will report first half, 2026 results on Aug 29, 2026Declared Dividend • Jun 15Dividend reduced to CN¥0.041Dividend of CN¥0.041 is 49% lower than last year. Ex-date: 22nd June 2026 Payment date: 22nd June 2026 Dividend yield will be 0.07%, which is lower than the industry average of 1.6%. Payout Ratios Payout ratio: 22%. Cash payout ratio: 70%.New Risk • May 14New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 25% 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 Risks Share price has been highly volatile over the past 3 months (12% average weekly change). Earnings have declined by 26% per year over the past 5 years. Minor Risk Large one-off items impacting financial results.Reported Earnings • Apr 23Full year 2025 earnings released: EPS: CN¥0.14 (vs CN¥0.23 in FY 2024)Full year 2025 results: EPS: CN¥0.14 (down from CN¥0.23 in FY 2024). Revenue: CN¥943.7m (up 15% from FY 2024). Net income: CN¥52.2m (down 40% from FY 2024). Profit margin: 5.5% (down from 11% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 34% per year but the company’s share price has increased by 35% per year, which means it is well ahead of earnings.お知らせ • Apr 23TKD Science and Technology Co.,Ltd., Annual General Meeting, May 15, 2026TKD Science and Technology Co.,Ltd., Annual General Meeting, May 15, 2026, at 14:00 China Standard Time. Location: The Company's Meeting Room, Suizhou, Hubei Chinaお知らせ • Mar 30TKD Science and Technology Co.,Ltd. to Report Q1, 2026 Results on Apr 30, 2026TKD Science and Technology Co.,Ltd. announced that they will report Q1, 2026 results on Apr 30, 2026New Risk • Mar 27New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 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 Earnings have declined by 12% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (8.6% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (4.1% net profit margin).お知らせ • Dec 26TKD Science and Technology Co.,Ltd. to Report Fiscal Year 2025 Results on Apr 23, 2026TKD Science and Technology Co.,Ltd. announced that they will report fiscal year 2025 results on Apr 23, 2026Board Change • Dec 13High number of new and inexperienced directorsThere are 6 new directors who have joined the board in the last 3 years. The company's board is composed of: 6 new directors. 2 experienced directors. 2 highly experienced directors. Chairman of Board of Directors Xindong Yu is the most experienced director on the board, commencing their role in 2005. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.New Risk • Nov 14New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 52% 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 12% per year over the past 5 years. Minor Risks Paying a dividend despite having no free cash flows. Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (4.1% net profit margin).Reported Earnings • Oct 31Third quarter 2025 earnings released: EPS: CN¥0.03 (vs CN¥0.07 in 3Q 2024)Third quarter 2025 results: EPS: CN¥0.03 (down from CN¥0.07 in 3Q 2024). Revenue: CN¥258.8m (up 15% from 3Q 2024). Net income: CN¥13.0m (down 52% from 3Q 2024). Profit margin: 5.0% (down from 12% in 3Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 43% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.お知らせ • Sep 30TKD Science and Technology Co.,Ltd. to Report Q3, 2025 Results on Oct 31, 2025TKD Science and Technology Co.,Ltd. announced that they will report Q3, 2025 results on Oct 31, 2025New Risk • Sep 03New major risk - Revenue and earnings growthEarnings have declined by 3.1% 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 3.1% per year over the past 5 years. Minor Risks Paying a dividend despite having no free cash flows. Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (5.9% net profit margin).お知らせ • Jun 30TKD Science and Technology Co.,Ltd. to Report First Half, 2025 Results on Aug 27, 2025TKD Science and Technology Co.,Ltd. announced that they will report first half, 2025 results on Aug 27, 2025Declared Dividend • Jun 15Dividend reduced to CN¥0.08Dividend of CN¥0.08 is 1.2% lower than last year. Ex-date: 20th June 2025 Payment date: 20th June 2025 Dividend yield will be 0.6%, which is lower than the industry average of 1.6%. Sustainability & Growth Dividend is covered by earnings (48% earnings payout ratio) but not covered by cash flows (dividend approximately 12x free cash flows). The dividend has increased by an average of 1.9% per year over the past 8 years. However, payments have been volatile during that time. Earnings per share has grown by 77% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.New Risk • May 20New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 7.8% Last year net profit margin: 14% 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: Minor Risks Dividend is not well covered by cash flows (dividend per share is over 12x cash flows per share). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (7.8% net profit margin).お知らせ • Apr 29TKD Science and Technology Co.,Ltd., Annual General Meeting, May 20, 2025TKD Science and Technology Co.,Ltd., Annual General Meeting, May 20, 2025, at 13:30 China Standard Time.Valuation Update With 7 Day Price Move • Apr 08Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to CN¥13.04, the stock trades at a trailing P/E ratio of 44.8x. Average trailing P/E is 34x in the Electrical industry in China. Total loss to shareholders of 18% over the past three years.New Risk • Apr 07New minor risk - Dividend sustainabilityThe dividend is not well covered by cash flows. The company is paying a dividend despite having no free cash flows. Dividend yield: 0.6% 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: Minor Risks Paying a dividend despite having no free cash flows. Large one-off items impacting financial results.お知らせ • Mar 28TKD Science and Technology Co.,Ltd. to Report Q1, 2025 Results on Apr 29, 2025TKD Science and Technology Co.,Ltd. announced that they will report Q1, 2025 results on Apr 29, 2025分析記事 • Feb 11TKD Science and Technology Co.,Ltd.'s (SHSE:603738) Share Price Not Quite Adding UpTKD Science and Technology Co.,Ltd.'s ( SHSE:603738 ) price-to-earnings (or "P/E") ratio of 54x might make it look like...お知らせ • Jan 16TKD Science and Technology Co.,Ltd. (SHSE:603738) acquired the remaining 40% stake in Chongqing Taiqing Electronic Technology Co., Ltd. from Xiao Chenxi for CNY 4.9 million.TKD Science and Technology Co.,Ltd. (SHSE:603738) acquired the remaining 40% stake in Chongqing Taiqing Electronic Technology Co., Ltd. from Xiao Chenxi for CNY 4.9 million on January 14, 2025. The consideration of CNY 4.9 million includes the payment of CNY 0.243 million contingent upon recovery of the receivables by Chongqing Taiqing Electronic Technology Co., Ltd. Upon completion, TKD Science and Technology Co.,Ltd. will own 100% stake in Chongqing Taiqing Electronic Technology Co., Ltd. The transaction will be financed through equity investment of CNY 4.86 million. As of December 31, 2024, Chongqing Taiqing Electronic Technology Co., Ltd. reported operating income of CNY 14.3 million, net loss of 8.1 million, total assets of CNY 16.24 million and total common equity of CNY 16.22 million. TKD Science and Technology Co.,Ltd. (SHSE:603738) completed the acquisition of the remaining 40% stake in Chongqing Taiqing Electronic Technology Co., Ltd. from Xiao Chenxi on January 14, 2025.お知らせ • Dec 27TKD Science and Technology Co.,Ltd. to Report Fiscal Year 2024 Results on Apr 29, 2025TKD Science and Technology Co.,Ltd. announced that they will report fiscal year 2024 results on Apr 29, 2025分析記事 • Dec 03Investors Will Want TKD Science and TechnologyLtd's (SHSE:603738) Growth In ROCE To PersistFinding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...New Risk • Nov 15New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 53% 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. This is currently the only risk that has been identified for the company.分析記事 • Nov 11Earnings Not Telling The Story For TKD Science and Technology Co.,Ltd. (SHSE:603738) After Shares Rise 26%TKD Science and Technology Co.,Ltd. ( SHSE:603738 ) shares have continued their recent momentum with a 26% gain in the...分析記事 • Nov 05TKD Science and TechnologyLtd's (SHSE:603738) Earnings Are Of Questionable QualityDespite posting some strong earnings, the market for TKD Science and Technology Co.,Ltd.'s ( SHSE:603738 ) stock hasn't...Reported Earnings • Oct 30Third quarter 2024 earnings released: EPS: CN¥0.07 (vs CN¥0.07 in 3Q 2023)Third quarter 2024 results: EPS: CN¥0.07 (in line with 3Q 2023). Revenue: CN¥224.5m (up 6.8% from 3Q 2023). Net income: CN¥27.0m (down 3.9% from 3Q 2023). Profit margin: 12% (down from 13% in 3Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 42% per year but the company’s share price has only fallen by 20% per year, which means it has not declined as severely as earnings.お知らせ • Sep 30TKD Science and Technology Co.,Ltd. to Report Q3, 2024 Results on Oct 30, 2024TKD Science and Technology Co.,Ltd. announced that they will report Q3, 2024 results on Oct 30, 2024Valuation Update With 7 Day Price Move • Sep 30Investor sentiment improves as stock rises 20%After last week's 20% share price gain to CN¥14.39, the stock trades at a trailing P/E ratio of 48.9x. Average trailing P/E is 29x in the Electrical industry in China. Total loss to shareholders of 39% over the past three years.New Risk • Sep 21New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 39% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. This is currently the only risk that has been identified for the company.Reported Earnings • Aug 31Second quarter 2024 earnings released: EPS: CN¥0.07 (vs CN¥0.07 in 2Q 2023)Second quarter 2024 results: EPS: CN¥0.07 (in line with 2Q 2023). Revenue: CN¥211.0m (flat on 2Q 2023). Net income: CN¥26.9m (down 3.9% from 2Q 2023). Profit margin: 13% (in line with 2Q 2023). Over the last 3 years on average, earnings per share has fallen by 33% per year but the company’s share price has only fallen by 20% per year, which means it has not declined as severely as earnings.お知らせ • Jun 28TKD Science and Technology Co.,Ltd. to Report First Half, 2024 Results on Aug 30, 2024TKD Science and Technology Co.,Ltd. announced that they will report first half, 2024 results on Aug 30, 2024New Risk • May 28New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 31% 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. This is currently the only risk that has been identified for the company.分析記事 • May 03TKD Science and TechnologyLtd's (SHSE:603738) Soft Earnings Are Actually Better Than They AppearTKD Science and Technology Co.,Ltd.'s ( SHSE:603738 ) stock was strong despite it releasing a soft earnings report last...お知らせ • Apr 29TKD Science and Technology Co.,Ltd., Annual General Meeting, May 20, 2024TKD Science and Technology Co.,Ltd., Annual General Meeting, May 20, 2024, at 09:00 China Standard Time. Location: The Company's Meeting Room, Suizhou, Hubei ChinaReported Earnings • Apr 28First quarter 2024 earnings released: EPS: CN¥0.08 (vs CN¥0.05 in 1Q 2023)First quarter 2024 results: EPS: CN¥0.08 (up from CN¥0.05 in 1Q 2023). Revenue: CN¥182.1m (up 3.8% from 1Q 2023). Net income: CN¥30.5m (up 60% from 1Q 2023). Profit margin: 17% (up from 11% in 1Q 2023). The increase in margin was primarily driven by higher revenue. Revenue is forecast to grow 36% p.a. on average during the next 2 years, compared to a 18% growth forecast for the Electrical industry in China. Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.お知らせ • Mar 29TKD Science and Technology Co.,Ltd. to Report Q1, 2024 Results on Apr 27, 2024TKD Science and Technology Co.,Ltd. announced that they will report Q1, 2024 results on Apr 27, 2024分析記事 • Mar 04TKD Science and Technology Co.,Ltd. (SHSE:603738) Stocks Shoot Up 28% But Its P/E Still Looks ReasonableThose holding TKD Science and Technology Co.,Ltd. ( SHSE:603738 ) shares would be relieved that the share price has...分析記事 • Feb 29TKD Science and TechnologyLtd (SHSE:603738) Might Be Having Difficulty Using Its Capital EffectivelyWhat trends should we look for it we want to identify stocks that can multiply in value over the long term? Firstly...Valuation Update With 7 Day Price Move • Feb 02Investor sentiment deteriorates as stock falls 20%After last week's 20% share price decline to CN¥10.86, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 13x in the Electrical industry in China. Total returns to shareholders of 28% over the past three years.お知らせ • Dec 29TKD Science and Technology Co.,Ltd. to Report Fiscal Year 2023 Results on Apr 27, 2024TKD Science and Technology Co.,Ltd. announced that they will report fiscal year 2023 results on Apr 27, 2024New Risk • Nov 07New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 46% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (7.0% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (11% net profit margin).Reported Earnings • Oct 29Third quarter 2023 earnings released: EPS: CN¥0.07 (vs CN¥0.11 in 3Q 2022)Third quarter 2023 results: EPS: CN¥0.07 (down from CN¥0.11 in 3Q 2022). Revenue: CN¥210.1m (up 1.2% from 3Q 2022). Net income: CN¥28.1m (down 35% from 3Q 2022). Profit margin: 13% (down from 21% in 3Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 13% per year whereas the company’s share price has increased by 17% per year.Valuation Update With 7 Day Price Move • Oct 13Investor sentiment improves as stock rises 20%After last week's 20% share price gain to CN¥18.63, the stock trades at a trailing P/E ratio of 72.6x. Average trailing P/E is 35x in the Electrical industry in China. Total returns to shareholders of 92% over the past three years.New Risk • Sep 13New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 21% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (6.8% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (13% net profit margin).お知らせ • Sep 11TKD Science and Technology Co.,Ltd. (SHSE:603738) announces an Equity Buyback for CNY 100 million worth of its shares.TKD Science and Technology Co.,Ltd. (SHSE:603738) announces a share repurchase program. Under the program, the company will repurchase up to CNY 100 million worth of its shares. The shares will be repurchased at a price of not more than CNY 22.48 per share. The repurchased share will be used for ESOP or equity incentives. The program is valid for 12 months.Reported Earnings • Aug 31Second quarter 2023 earnings released: EPS: CN¥0.07 (vs CN¥0.16 in 2Q 2022)Second quarter 2023 results: EPS: CN¥0.07 (down from CN¥0.16 in 2Q 2022). Revenue: CN¥210.0m (down 20% from 2Q 2022). Net income: CN¥28.0m (down 55% from 2Q 2022). Profit margin: 13% (down from 24% in 2Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.New Risk • Jun 22New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 7.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (7.2% average weekly change).Valuation Update With 7 Day Price Move • Jun 21Investor sentiment improves as stock rises 18%After last week's 18% share price gain to CN¥17.70, the stock trades at a trailing P/E ratio of 51.4x. Average trailing P/E is 38x in the Electrical industry in China. Total returns to shareholders of 57% over the past three years.Valuation Update With 7 Day Price Move • Jun 06Investor sentiment deteriorates as stock falls 31%After last week's 31% share price decline to CN¥15.63, the stock trades at a trailing P/E ratio of 32.4x. Average trailing P/E is 36x in the Electrical industry in China. Total returns to shareholders of 2.8% over the past three years.Reported Earnings • Apr 28First quarter 2023 earnings released: EPS: CN¥0.07 (vs CN¥0.27 in 1Q 2022)First quarter 2023 results: EPS: CN¥0.07 (down from CN¥0.27 in 1Q 2022). Revenue: CN¥175.4m (down 33% from 1Q 2022). Net income: CN¥19.1m (down 74% from 1Q 2022). Profit margin: 11% (down from 28% in 1Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 55% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Apr 25Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to CN¥22.44, the stock trades at a trailing P/E ratio of 24.7x. Average trailing P/E is 35x in the Electrical industry in China. Total returns to shareholders of 42% over the past three years.Valuation Update With 7 Day Price Move • Feb 24Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CN¥28.12, the stock trades at a trailing P/E ratio of 31x. Average trailing P/E is 38x in the Electrical industry in China. Total returns to shareholders of 40% over the past three years.Valuation Update With 7 Day Price Move • Jan 11Investor sentiment improved over the past weekAfter last week's 16% share price gain to CN¥23.34, the stock trades at a trailing P/E ratio of 25.7x. Average trailing P/E is 35x in the Electrical industry in China. Total returns to shareholders of 29% over the past three years.Board Change • Nov 16Less 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 Ming Yi was the last independent director to join the board, commencing their role in 2018. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • Oct 29Third quarter 2022 earnings released: EPS: CN¥0.56 (vs CN¥0.29 in 3Q 2021)Third quarter 2022 results: EPS: CN¥0.56. Revenue: CN¥207.5m (down 38% from 3Q 2021). Net income: CN¥43.1m (down 43% from 3Q 2021). Profit margin: 21% (down from 23% in 3Q 2021). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 38% p.a. on average during the next 3 years, compared to a 26% growth forecast for the Electrical industry in China.Valuation Update With 7 Day Price Move • Oct 17Investor sentiment improved over the past weekAfter last week's 15% share price gain to CN¥21.22, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 20x in the Electrical industry in China. Total returns to shareholders of 52% over the past three years.Reported Earnings • Aug 29Second quarter 2022 earnings released: EPS: CN¥0.42 (vs CN¥0.24 in 2Q 2021)Second quarter 2022 results: EPS: CN¥0.42 (up from CN¥0.24 in 2Q 2021). Revenue: CN¥263.3m (down 16% from 2Q 2021). Net income: CN¥62.0m (up 8.2% from 2Q 2021). Profit margin: 24% (up from 18% in 2Q 2021). The increase in margin was driven by lower expenses. Over the next year, revenue is forecast to grow 75%, compared to a 55% growth forecast for the Electrical industry in China. Over the last 3 years on average, earnings per share has increased by 104% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Aug 03Investor sentiment improved over the past weekAfter last week's 16% share price gain to CN¥30.00, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 27x in the Electrical industry in China. Total returns to shareholders of 113% over the past three years.Valuation Update With 7 Day Price Move • Jun 27Investor sentiment improved over the past weekAfter last week's 18% share price gain to CN¥30.28, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 25x in the Electrical industry in China. Total returns to shareholders of 53% over the past three years.Valuation Update With 7 Day Price Move • Jun 07Investor sentiment deteriorated over the past weekAfter last week's 24% share price decline to CN¥26.00, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 23x in the Electrical industry in China. Total returns to shareholders of 52% over the past three years.Reported Earnings • May 02First quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behindFirst quarter 2022 results: EPS: CN¥0.38 (up from CN¥0.22 in 1Q 2021). Revenue: CN¥261.9m (up 4.3% from 1Q 2021). Net income: CN¥73.6m (up 93% from 1Q 2021). Profit margin: 28% (up from 15% in 1Q 2021). The increase in margin was primarily driven by lower expenses. Revenue missed analyst estimates by 16%. Earnings per share (EPS) exceeded analyst estimates by 5.5%. Over the next year, revenue is forecast to grow 110%, compared to a 54% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has increased by 106% per year but the company’s share price has only increased by 29% per year, which means it is significantly lagging earnings growth.Board Change • Apr 27Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. 7 highly experienced directors. Independent Director Wei Liu was the last director to join the board, commencing their role in 2015. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Valuation Update With 7 Day Price Move • Nov 19Investor sentiment improved over the past weekAfter last week's 15% share price gain to CN¥58.34, the stock trades at a forward P/E ratio of 30x. Average forward P/E is 31x in the Electrical industry in China. Total returns to shareholders of 343% over the past three years.Reported Earnings • Oct 31Third quarter 2021 earnings released: EPS CN¥0.40 (vs CN¥0.04 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: CN¥334.6m (up 74% from 3Q 2020). Net income: CN¥75.6m (up CN¥69.7m from 3Q 2020). Profit margin: 23% (up from 3.0% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 70% per year but the company’s share price has only increased by 57% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Sep 06Investor sentiment improved over the past weekAfter last week's 17% share price gain to CN¥54.79, the stock trades at a forward P/E ratio of 58x. Average forward P/E is 30x in the Electrical industry in China. Total returns to shareholders of 284% over the past three years.Reported Earnings • Aug 31Second quarter 2021 earnings released: EPS CN¥0.33 (vs CN¥0.081 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CN¥312.2m (up 83% from 2Q 2020). Net income: CN¥57.3m (up 291% from 2Q 2020). Profit margin: 18% (up from 8.6% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has increased by 45% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • Jul 03Investor sentiment improved over the past weekAfter last week's 15% share price gain to CN¥34.80, the stock trades at a forward P/E ratio of 45x. Average forward P/E is 25x in the Electrical industry in China. Total returns to shareholders of 125% over the past three years.Reported Earnings • Apr 16First quarter 2021 earnings released: EPS CN¥0.22 (vs CN¥0.056 loss in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: CN¥251.2m (up 246% from 1Q 2020). Net income: CN¥38.2m (up CN¥47.6m from 1Q 2020). Profit margin: 15% (up from net loss in 1Q 2020). 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 4% per year, which means it is well ahead of earnings.Reported Earnings • Mar 05Full year 2020 earnings released: EPS CN¥0.23 (vs CN¥0.07 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: CN¥630.9m (up 8.8% from FY 2019). Net income: CN¥38.6m (up 239% from FY 2019). Profit margin: 6.1% (up from 2.0% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 61% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings.Analyst Estimate Surprise Post Earnings • Mar 05Earnings beat expectations, revenue disappointsRevenue missed analyst estimates by 14%. Earnings per share (EPS) exceeded analyst estimates by 44%. Over the next year, revenue is forecast to grow 103%, compared to a 48% growth forecast for the Electrical industry in China.お知らせ • Feb 24TKD Science and Technology Co.,Ltd. (SHSE:603738) completed the acquisition of remaining 30% stake in Suizhou Taihua Electronic Technology Co., Ltd. from (Taiwan) Xihua Crystal Technology Co., Ltd.TKD Science and Technology Co.,Ltd. (SHSE:603738) intends to acquire the remaining 30% stake in Suizhou Taihua Electronic Technology Co., Ltd. from (Taiwan) Xihua Crystal Technology Co., Ltd. for CNY 77.4 million on January 19, 2021. As per the terms of the agreement, TKD Science and Technology shall pay Xihua Crystal CNY 12 million before the 25th of each month after this agreement becomes effective, and all equity transfer payments shall be paid before July 31, 2021. As a result of the transaction, Suizhou Taihua Electronic Technology will be a wholly-owned subsidiary of TKD Science and Technology Co.,Ltd. In October 31, 2020, Suizhou Taihua Electronic Technology reported a total assets of CNY 268 million, total common equity of CNY 234 million, EBIT of CNY 142 million and net income of CNY 8 million. The transaction was approved by the Board of Directors of TKD Science and Technology Co.,Ltd. As of February 4, 2021, the transaction was approved in the 1st Extraordinary shareholders meeting of 2021 of TKD Science and Technology Co.,Ltd. TKD Science and Technology Co.,Ltd. (SHSE:603738) completed the acquisition of remaining 30% stake in Suizhou Taihua Electronic Technology Co., Ltd. from (Taiwan) Xihua Crystal Technology Co., Ltd. on February 24, 2021.Is New 90 Day High Low • Jan 25New 90-day low: CN¥19.09The company is down 7.0% from its price of CN¥20.43 on 27 October 2020. The Chinese market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electrical industry, which is up 31% over the same period.お知らせ • Jan 21TKD Science and Technology Co.,Ltd. to Report Fiscal Year 2020 Results on Mar 05, 2021TKD Science and Technology Co.,Ltd. announced that they will report fiscal year 2020 results on Mar 05, 2021Is New 90 Day High Low • Dec 02New 90-day high: CN¥23.90The company is up 6.0% from its price of CN¥22.55 on 03 September 2020. The Chinese market is down 1.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Electrical industry, which is up 7.0% over the same period.Reported Earnings • Nov 02Third quarter 2020 earnings released: EPS CN¥0.046The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2020 results: Revenue: CN¥192.7m (up 19% from 3Q 2019). Net income: CN¥5.85m (up 237% from 3Q 2019). Profit margin: 3.0% (up from 1.1% in 3Q 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 73% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings.お知らせ • Oct 30TKD Science and Technology Co.,Ltd. to Report Q3, 2020 Results on Oct 31, 2020TKD Science and Technology Co.,Ltd. announced that they will report Q3, 2020 results on Oct 31, 2020お知らせ • Aug 24TKD Science and Technology Co.,Ltd. Approves the Proposal of Changing Accounting PolicyTKD Science and Technology Co.,Ltd. announced at its directorate meeting on August 20, 2020, the Board has approved the proposal of changing Accounting Policy.お知らせ • Jul 09TKD Science and Technology Co.,Ltd. to Report First Half, 2020 Results on Aug 21, 2020TKD Science and Technology Co.,Ltd. announced that they will report first half, 2020 results on Aug 21, 2020財務状況分析短期負債: 603738の 短期資産 ( CN¥1.1B ) が 短期負債 ( CN¥316.8M ) を超えています。長期負債: 603738の短期資産 ( CN¥1.1B ) が 長期負債 ( CN¥120.1M ) を上回っています。デット・ツー・エクイティの歴史と分析負債レベル: 603738は負債がありません。負債の削減: 603738負債比率が30.7%であった 5 年前と比べて負債がありません。債務返済能力: 603738には負債がないため、営業キャッシュフロー でカバーする必要はありません。インタレストカバレッジ: 603738には負債がないため、利息支払い の負担は問題になりません。貸借対照表健全な企業の発掘7D1Y7D1Y7D1YTech 業界の健全な企業。View Dividend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2026/07/09 03:57終値2026/07/09 00:00収益2026/03/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレークこのレポートを生成するために使用した分析モデルの詳細は、当社の Github ページ でご覧いただけます。また、レポートの使い方に関する ガイド や YouTube の チュートリアル もご用意しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋TKD Science and 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。1 アナリスト機関Jian PanTianfeng Securities Brokerage Co., Ltd
お知らせ • Jun 30TKD Science and Technology Co.,Ltd. to Report First Half, 2026 Results on Aug 29, 2026TKD Science and Technology Co.,Ltd. announced that they will report first half, 2026 results on Aug 29, 2026
Declared Dividend • Jun 15Dividend reduced to CN¥0.041Dividend of CN¥0.041 is 49% lower than last year. Ex-date: 22nd June 2026 Payment date: 22nd June 2026 Dividend yield will be 0.07%, which is lower than the industry average of 1.6%. Payout Ratios Payout ratio: 22%. Cash payout ratio: 70%.
New Risk • May 14New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 25% 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 Risks Share price has been highly volatile over the past 3 months (12% average weekly change). Earnings have declined by 26% per year over the past 5 years. Minor Risk Large one-off items impacting financial results.
Reported Earnings • Apr 23Full year 2025 earnings released: EPS: CN¥0.14 (vs CN¥0.23 in FY 2024)Full year 2025 results: EPS: CN¥0.14 (down from CN¥0.23 in FY 2024). Revenue: CN¥943.7m (up 15% from FY 2024). Net income: CN¥52.2m (down 40% from FY 2024). Profit margin: 5.5% (down from 11% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 34% per year but the company’s share price has increased by 35% per year, which means it is well ahead of earnings.
お知らせ • Apr 23TKD Science and Technology Co.,Ltd., Annual General Meeting, May 15, 2026TKD Science and Technology Co.,Ltd., Annual General Meeting, May 15, 2026, at 14:00 China Standard Time. Location: The Company's Meeting Room, Suizhou, Hubei China
お知らせ • Mar 30TKD Science and Technology Co.,Ltd. to Report Q1, 2026 Results on Apr 30, 2026TKD Science and Technology Co.,Ltd. announced that they will report Q1, 2026 results on Apr 30, 2026
New Risk • Mar 27New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 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 Earnings have declined by 12% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (8.6% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (4.1% net profit margin).
お知らせ • Dec 26TKD Science and Technology Co.,Ltd. to Report Fiscal Year 2025 Results on Apr 23, 2026TKD Science and Technology Co.,Ltd. announced that they will report fiscal year 2025 results on Apr 23, 2026
Board Change • Dec 13High number of new and inexperienced directorsThere are 6 new directors who have joined the board in the last 3 years. The company's board is composed of: 6 new directors. 2 experienced directors. 2 highly experienced directors. Chairman of Board of Directors Xindong Yu is the most experienced director on the board, commencing their role in 2005. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.
New Risk • Nov 14New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 52% 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 12% per year over the past 5 years. Minor Risks Paying a dividend despite having no free cash flows. Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (4.1% net profit margin).
Reported Earnings • Oct 31Third quarter 2025 earnings released: EPS: CN¥0.03 (vs CN¥0.07 in 3Q 2024)Third quarter 2025 results: EPS: CN¥0.03 (down from CN¥0.07 in 3Q 2024). Revenue: CN¥258.8m (up 15% from 3Q 2024). Net income: CN¥13.0m (down 52% from 3Q 2024). Profit margin: 5.0% (down from 12% in 3Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 43% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.
お知らせ • Sep 30TKD Science and Technology Co.,Ltd. to Report Q3, 2025 Results on Oct 31, 2025TKD Science and Technology Co.,Ltd. announced that they will report Q3, 2025 results on Oct 31, 2025
New Risk • Sep 03New major risk - Revenue and earnings growthEarnings have declined by 3.1% 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 3.1% per year over the past 5 years. Minor Risks Paying a dividend despite having no free cash flows. Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (5.9% net profit margin).
お知らせ • Jun 30TKD Science and Technology Co.,Ltd. to Report First Half, 2025 Results on Aug 27, 2025TKD Science and Technology Co.,Ltd. announced that they will report first half, 2025 results on Aug 27, 2025
Declared Dividend • Jun 15Dividend reduced to CN¥0.08Dividend of CN¥0.08 is 1.2% lower than last year. Ex-date: 20th June 2025 Payment date: 20th June 2025 Dividend yield will be 0.6%, which is lower than the industry average of 1.6%. Sustainability & Growth Dividend is covered by earnings (48% earnings payout ratio) but not covered by cash flows (dividend approximately 12x free cash flows). The dividend has increased by an average of 1.9% per year over the past 8 years. However, payments have been volatile during that time. Earnings per share has grown by 77% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
New Risk • May 20New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 7.8% Last year net profit margin: 14% 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: Minor Risks Dividend is not well covered by cash flows (dividend per share is over 12x cash flows per share). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (7.8% net profit margin).
お知らせ • Apr 29TKD Science and Technology Co.,Ltd., Annual General Meeting, May 20, 2025TKD Science and Technology Co.,Ltd., Annual General Meeting, May 20, 2025, at 13:30 China Standard Time.
Valuation Update With 7 Day Price Move • Apr 08Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to CN¥13.04, the stock trades at a trailing P/E ratio of 44.8x. Average trailing P/E is 34x in the Electrical industry in China. Total loss to shareholders of 18% over the past three years.
New Risk • Apr 07New minor risk - Dividend sustainabilityThe dividend is not well covered by cash flows. The company is paying a dividend despite having no free cash flows. Dividend yield: 0.6% 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: Minor Risks Paying a dividend despite having no free cash flows. Large one-off items impacting financial results.
お知らせ • Mar 28TKD Science and Technology Co.,Ltd. to Report Q1, 2025 Results on Apr 29, 2025TKD Science and Technology Co.,Ltd. announced that they will report Q1, 2025 results on Apr 29, 2025
分析記事 • Feb 11TKD Science and Technology Co.,Ltd.'s (SHSE:603738) Share Price Not Quite Adding UpTKD Science and Technology Co.,Ltd.'s ( SHSE:603738 ) price-to-earnings (or "P/E") ratio of 54x might make it look like...
お知らせ • Jan 16TKD Science and Technology Co.,Ltd. (SHSE:603738) acquired the remaining 40% stake in Chongqing Taiqing Electronic Technology Co., Ltd. from Xiao Chenxi for CNY 4.9 million.TKD Science and Technology Co.,Ltd. (SHSE:603738) acquired the remaining 40% stake in Chongqing Taiqing Electronic Technology Co., Ltd. from Xiao Chenxi for CNY 4.9 million on January 14, 2025. The consideration of CNY 4.9 million includes the payment of CNY 0.243 million contingent upon recovery of the receivables by Chongqing Taiqing Electronic Technology Co., Ltd. Upon completion, TKD Science and Technology Co.,Ltd. will own 100% stake in Chongqing Taiqing Electronic Technology Co., Ltd. The transaction will be financed through equity investment of CNY 4.86 million. As of December 31, 2024, Chongqing Taiqing Electronic Technology Co., Ltd. reported operating income of CNY 14.3 million, net loss of 8.1 million, total assets of CNY 16.24 million and total common equity of CNY 16.22 million. TKD Science and Technology Co.,Ltd. (SHSE:603738) completed the acquisition of the remaining 40% stake in Chongqing Taiqing Electronic Technology Co., Ltd. from Xiao Chenxi on January 14, 2025.
お知らせ • Dec 27TKD Science and Technology Co.,Ltd. to Report Fiscal Year 2024 Results on Apr 29, 2025TKD Science and Technology Co.,Ltd. announced that they will report fiscal year 2024 results on Apr 29, 2025
分析記事 • Dec 03Investors Will Want TKD Science and TechnologyLtd's (SHSE:603738) Growth In ROCE To PersistFinding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...
New Risk • Nov 15New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 53% 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. This is currently the only risk that has been identified for the company.
分析記事 • Nov 11Earnings Not Telling The Story For TKD Science and Technology Co.,Ltd. (SHSE:603738) After Shares Rise 26%TKD Science and Technology Co.,Ltd. ( SHSE:603738 ) shares have continued their recent momentum with a 26% gain in the...
分析記事 • Nov 05TKD Science and TechnologyLtd's (SHSE:603738) Earnings Are Of Questionable QualityDespite posting some strong earnings, the market for TKD Science and Technology Co.,Ltd.'s ( SHSE:603738 ) stock hasn't...
Reported Earnings • Oct 30Third quarter 2024 earnings released: EPS: CN¥0.07 (vs CN¥0.07 in 3Q 2023)Third quarter 2024 results: EPS: CN¥0.07 (in line with 3Q 2023). Revenue: CN¥224.5m (up 6.8% from 3Q 2023). Net income: CN¥27.0m (down 3.9% from 3Q 2023). Profit margin: 12% (down from 13% in 3Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 42% per year but the company’s share price has only fallen by 20% per year, which means it has not declined as severely as earnings.
お知らせ • Sep 30TKD Science and Technology Co.,Ltd. to Report Q3, 2024 Results on Oct 30, 2024TKD Science and Technology Co.,Ltd. announced that they will report Q3, 2024 results on Oct 30, 2024
Valuation Update With 7 Day Price Move • Sep 30Investor sentiment improves as stock rises 20%After last week's 20% share price gain to CN¥14.39, the stock trades at a trailing P/E ratio of 48.9x. Average trailing P/E is 29x in the Electrical industry in China. Total loss to shareholders of 39% over the past three years.
New Risk • Sep 21New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 39% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. This is currently the only risk that has been identified for the company.
Reported Earnings • Aug 31Second quarter 2024 earnings released: EPS: CN¥0.07 (vs CN¥0.07 in 2Q 2023)Second quarter 2024 results: EPS: CN¥0.07 (in line with 2Q 2023). Revenue: CN¥211.0m (flat on 2Q 2023). Net income: CN¥26.9m (down 3.9% from 2Q 2023). Profit margin: 13% (in line with 2Q 2023). Over the last 3 years on average, earnings per share has fallen by 33% per year but the company’s share price has only fallen by 20% per year, which means it has not declined as severely as earnings.
お知らせ • Jun 28TKD Science and Technology Co.,Ltd. to Report First Half, 2024 Results on Aug 30, 2024TKD Science and Technology Co.,Ltd. announced that they will report first half, 2024 results on Aug 30, 2024
New Risk • May 28New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 31% 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. This is currently the only risk that has been identified for the company.
分析記事 • May 03TKD Science and TechnologyLtd's (SHSE:603738) Soft Earnings Are Actually Better Than They AppearTKD Science and Technology Co.,Ltd.'s ( SHSE:603738 ) stock was strong despite it releasing a soft earnings report last...
お知らせ • Apr 29TKD Science and Technology Co.,Ltd., Annual General Meeting, May 20, 2024TKD Science and Technology Co.,Ltd., Annual General Meeting, May 20, 2024, at 09:00 China Standard Time. Location: The Company's Meeting Room, Suizhou, Hubei China
Reported Earnings • Apr 28First quarter 2024 earnings released: EPS: CN¥0.08 (vs CN¥0.05 in 1Q 2023)First quarter 2024 results: EPS: CN¥0.08 (up from CN¥0.05 in 1Q 2023). Revenue: CN¥182.1m (up 3.8% from 1Q 2023). Net income: CN¥30.5m (up 60% from 1Q 2023). Profit margin: 17% (up from 11% in 1Q 2023). The increase in margin was primarily driven by higher revenue. Revenue is forecast to grow 36% p.a. on average during the next 2 years, compared to a 18% growth forecast for the Electrical industry in China. Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.
お知らせ • Mar 29TKD Science and Technology Co.,Ltd. to Report Q1, 2024 Results on Apr 27, 2024TKD Science and Technology Co.,Ltd. announced that they will report Q1, 2024 results on Apr 27, 2024
分析記事 • Mar 04TKD Science and Technology Co.,Ltd. (SHSE:603738) Stocks Shoot Up 28% But Its P/E Still Looks ReasonableThose holding TKD Science and Technology Co.,Ltd. ( SHSE:603738 ) shares would be relieved that the share price has...
分析記事 • Feb 29TKD Science and TechnologyLtd (SHSE:603738) Might Be Having Difficulty Using Its Capital EffectivelyWhat trends should we look for it we want to identify stocks that can multiply in value over the long term? Firstly...
Valuation Update With 7 Day Price Move • Feb 02Investor sentiment deteriorates as stock falls 20%After last week's 20% share price decline to CN¥10.86, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 13x in the Electrical industry in China. Total returns to shareholders of 28% over the past three years.
お知らせ • Dec 29TKD Science and Technology Co.,Ltd. to Report Fiscal Year 2023 Results on Apr 27, 2024TKD Science and Technology Co.,Ltd. announced that they will report fiscal year 2023 results on Apr 27, 2024
New Risk • Nov 07New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 46% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (7.0% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (11% net profit margin).
Reported Earnings • Oct 29Third quarter 2023 earnings released: EPS: CN¥0.07 (vs CN¥0.11 in 3Q 2022)Third quarter 2023 results: EPS: CN¥0.07 (down from CN¥0.11 in 3Q 2022). Revenue: CN¥210.1m (up 1.2% from 3Q 2022). Net income: CN¥28.1m (down 35% from 3Q 2022). Profit margin: 13% (down from 21% in 3Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 13% per year whereas the company’s share price has increased by 17% per year.
Valuation Update With 7 Day Price Move • Oct 13Investor sentiment improves as stock rises 20%After last week's 20% share price gain to CN¥18.63, the stock trades at a trailing P/E ratio of 72.6x. Average trailing P/E is 35x in the Electrical industry in China. Total returns to shareholders of 92% over the past three years.
New Risk • Sep 13New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 21% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (6.8% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (13% net profit margin).
お知らせ • Sep 11TKD Science and Technology Co.,Ltd. (SHSE:603738) announces an Equity Buyback for CNY 100 million worth of its shares.TKD Science and Technology Co.,Ltd. (SHSE:603738) announces a share repurchase program. Under the program, the company will repurchase up to CNY 100 million worth of its shares. The shares will be repurchased at a price of not more than CNY 22.48 per share. The repurchased share will be used for ESOP or equity incentives. The program is valid for 12 months.
Reported Earnings • Aug 31Second quarter 2023 earnings released: EPS: CN¥0.07 (vs CN¥0.16 in 2Q 2022)Second quarter 2023 results: EPS: CN¥0.07 (down from CN¥0.16 in 2Q 2022). Revenue: CN¥210.0m (down 20% from 2Q 2022). Net income: CN¥28.0m (down 55% from 2Q 2022). Profit margin: 13% (down from 24% in 2Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.
New Risk • Jun 22New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 7.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (7.2% average weekly change).
Valuation Update With 7 Day Price Move • Jun 21Investor sentiment improves as stock rises 18%After last week's 18% share price gain to CN¥17.70, the stock trades at a trailing P/E ratio of 51.4x. Average trailing P/E is 38x in the Electrical industry in China. Total returns to shareholders of 57% over the past three years.
Valuation Update With 7 Day Price Move • Jun 06Investor sentiment deteriorates as stock falls 31%After last week's 31% share price decline to CN¥15.63, the stock trades at a trailing P/E ratio of 32.4x. Average trailing P/E is 36x in the Electrical industry in China. Total returns to shareholders of 2.8% over the past three years.
Reported Earnings • Apr 28First quarter 2023 earnings released: EPS: CN¥0.07 (vs CN¥0.27 in 1Q 2022)First quarter 2023 results: EPS: CN¥0.07 (down from CN¥0.27 in 1Q 2022). Revenue: CN¥175.4m (down 33% from 1Q 2022). Net income: CN¥19.1m (down 74% from 1Q 2022). Profit margin: 11% (down from 28% in 1Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 55% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Apr 25Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to CN¥22.44, the stock trades at a trailing P/E ratio of 24.7x. Average trailing P/E is 35x in the Electrical industry in China. Total returns to shareholders of 42% over the past three years.
Valuation Update With 7 Day Price Move • Feb 24Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CN¥28.12, the stock trades at a trailing P/E ratio of 31x. Average trailing P/E is 38x in the Electrical industry in China. Total returns to shareholders of 40% over the past three years.
Valuation Update With 7 Day Price Move • Jan 11Investor sentiment improved over the past weekAfter last week's 16% share price gain to CN¥23.34, the stock trades at a trailing P/E ratio of 25.7x. Average trailing P/E is 35x in the Electrical industry in China. Total returns to shareholders of 29% over the past three years.
Board Change • Nov 16Less 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 Ming Yi was the last independent director to join the board, commencing their role in 2018. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • Oct 29Third quarter 2022 earnings released: EPS: CN¥0.56 (vs CN¥0.29 in 3Q 2021)Third quarter 2022 results: EPS: CN¥0.56. Revenue: CN¥207.5m (down 38% from 3Q 2021). Net income: CN¥43.1m (down 43% from 3Q 2021). Profit margin: 21% (down from 23% in 3Q 2021). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 38% p.a. on average during the next 3 years, compared to a 26% growth forecast for the Electrical industry in China.
Valuation Update With 7 Day Price Move • Oct 17Investor sentiment improved over the past weekAfter last week's 15% share price gain to CN¥21.22, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 20x in the Electrical industry in China. Total returns to shareholders of 52% over the past three years.
Reported Earnings • Aug 29Second quarter 2022 earnings released: EPS: CN¥0.42 (vs CN¥0.24 in 2Q 2021)Second quarter 2022 results: EPS: CN¥0.42 (up from CN¥0.24 in 2Q 2021). Revenue: CN¥263.3m (down 16% from 2Q 2021). Net income: CN¥62.0m (up 8.2% from 2Q 2021). Profit margin: 24% (up from 18% in 2Q 2021). The increase in margin was driven by lower expenses. Over the next year, revenue is forecast to grow 75%, compared to a 55% growth forecast for the Electrical industry in China. Over the last 3 years on average, earnings per share has increased by 104% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Aug 03Investor sentiment improved over the past weekAfter last week's 16% share price gain to CN¥30.00, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 27x in the Electrical industry in China. Total returns to shareholders of 113% over the past three years.
Valuation Update With 7 Day Price Move • Jun 27Investor sentiment improved over the past weekAfter last week's 18% share price gain to CN¥30.28, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 25x in the Electrical industry in China. Total returns to shareholders of 53% over the past three years.
Valuation Update With 7 Day Price Move • Jun 07Investor sentiment deteriorated over the past weekAfter last week's 24% share price decline to CN¥26.00, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 23x in the Electrical industry in China. Total returns to shareholders of 52% over the past three years.
Reported Earnings • May 02First quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behindFirst quarter 2022 results: EPS: CN¥0.38 (up from CN¥0.22 in 1Q 2021). Revenue: CN¥261.9m (up 4.3% from 1Q 2021). Net income: CN¥73.6m (up 93% from 1Q 2021). Profit margin: 28% (up from 15% in 1Q 2021). The increase in margin was primarily driven by lower expenses. Revenue missed analyst estimates by 16%. Earnings per share (EPS) exceeded analyst estimates by 5.5%. Over the next year, revenue is forecast to grow 110%, compared to a 54% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has increased by 106% per year but the company’s share price has only increased by 29% per year, which means it is significantly lagging earnings growth.
Board Change • Apr 27Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. 7 highly experienced directors. Independent Director Wei Liu was the last director to join the board, commencing their role in 2015. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Valuation Update With 7 Day Price Move • Nov 19Investor sentiment improved over the past weekAfter last week's 15% share price gain to CN¥58.34, the stock trades at a forward P/E ratio of 30x. Average forward P/E is 31x in the Electrical industry in China. Total returns to shareholders of 343% over the past three years.
Reported Earnings • Oct 31Third quarter 2021 earnings released: EPS CN¥0.40 (vs CN¥0.04 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: CN¥334.6m (up 74% from 3Q 2020). Net income: CN¥75.6m (up CN¥69.7m from 3Q 2020). Profit margin: 23% (up from 3.0% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 70% per year but the company’s share price has only increased by 57% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Sep 06Investor sentiment improved over the past weekAfter last week's 17% share price gain to CN¥54.79, the stock trades at a forward P/E ratio of 58x. Average forward P/E is 30x in the Electrical industry in China. Total returns to shareholders of 284% over the past three years.
Reported Earnings • Aug 31Second quarter 2021 earnings released: EPS CN¥0.33 (vs CN¥0.081 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CN¥312.2m (up 83% from 2Q 2020). Net income: CN¥57.3m (up 291% from 2Q 2020). Profit margin: 18% (up from 8.6% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has increased by 45% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • Jul 03Investor sentiment improved over the past weekAfter last week's 15% share price gain to CN¥34.80, the stock trades at a forward P/E ratio of 45x. Average forward P/E is 25x in the Electrical industry in China. Total returns to shareholders of 125% over the past three years.
Reported Earnings • Apr 16First quarter 2021 earnings released: EPS CN¥0.22 (vs CN¥0.056 loss in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: CN¥251.2m (up 246% from 1Q 2020). Net income: CN¥38.2m (up CN¥47.6m from 1Q 2020). Profit margin: 15% (up from net loss in 1Q 2020). 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 4% per year, which means it is well ahead of earnings.
Reported Earnings • Mar 05Full year 2020 earnings released: EPS CN¥0.23 (vs CN¥0.07 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: CN¥630.9m (up 8.8% from FY 2019). Net income: CN¥38.6m (up 239% from FY 2019). Profit margin: 6.1% (up from 2.0% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 61% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings.
Analyst Estimate Surprise Post Earnings • Mar 05Earnings beat expectations, revenue disappointsRevenue missed analyst estimates by 14%. Earnings per share (EPS) exceeded analyst estimates by 44%. Over the next year, revenue is forecast to grow 103%, compared to a 48% growth forecast for the Electrical industry in China.
お知らせ • Feb 24TKD Science and Technology Co.,Ltd. (SHSE:603738) completed the acquisition of remaining 30% stake in Suizhou Taihua Electronic Technology Co., Ltd. from (Taiwan) Xihua Crystal Technology Co., Ltd.TKD Science and Technology Co.,Ltd. (SHSE:603738) intends to acquire the remaining 30% stake in Suizhou Taihua Electronic Technology Co., Ltd. from (Taiwan) Xihua Crystal Technology Co., Ltd. for CNY 77.4 million on January 19, 2021. As per the terms of the agreement, TKD Science and Technology shall pay Xihua Crystal CNY 12 million before the 25th of each month after this agreement becomes effective, and all equity transfer payments shall be paid before July 31, 2021. As a result of the transaction, Suizhou Taihua Electronic Technology will be a wholly-owned subsidiary of TKD Science and Technology Co.,Ltd. In October 31, 2020, Suizhou Taihua Electronic Technology reported a total assets of CNY 268 million, total common equity of CNY 234 million, EBIT of CNY 142 million and net income of CNY 8 million. The transaction was approved by the Board of Directors of TKD Science and Technology Co.,Ltd. As of February 4, 2021, the transaction was approved in the 1st Extraordinary shareholders meeting of 2021 of TKD Science and Technology Co.,Ltd. TKD Science and Technology Co.,Ltd. (SHSE:603738) completed the acquisition of remaining 30% stake in Suizhou Taihua Electronic Technology Co., Ltd. from (Taiwan) Xihua Crystal Technology Co., Ltd. on February 24, 2021.
Is New 90 Day High Low • Jan 25New 90-day low: CN¥19.09The company is down 7.0% from its price of CN¥20.43 on 27 October 2020. The Chinese market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electrical industry, which is up 31% over the same period.
お知らせ • Jan 21TKD Science and Technology Co.,Ltd. to Report Fiscal Year 2020 Results on Mar 05, 2021TKD Science and Technology Co.,Ltd. announced that they will report fiscal year 2020 results on Mar 05, 2021
Is New 90 Day High Low • Dec 02New 90-day high: CN¥23.90The company is up 6.0% from its price of CN¥22.55 on 03 September 2020. The Chinese market is down 1.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Electrical industry, which is up 7.0% over the same period.
Reported Earnings • Nov 02Third quarter 2020 earnings released: EPS CN¥0.046The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2020 results: Revenue: CN¥192.7m (up 19% from 3Q 2019). Net income: CN¥5.85m (up 237% from 3Q 2019). Profit margin: 3.0% (up from 1.1% in 3Q 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 73% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings.
お知らせ • Oct 30TKD Science and Technology Co.,Ltd. to Report Q3, 2020 Results on Oct 31, 2020TKD Science and Technology Co.,Ltd. announced that they will report Q3, 2020 results on Oct 31, 2020
お知らせ • Aug 24TKD Science and Technology Co.,Ltd. Approves the Proposal of Changing Accounting PolicyTKD Science and Technology Co.,Ltd. announced at its directorate meeting on August 20, 2020, the Board has approved the proposal of changing Accounting Policy.
お知らせ • Jul 09TKD Science and Technology Co.,Ltd. to Report First Half, 2020 Results on Aug 21, 2020TKD Science and Technology Co.,Ltd. announced that they will report first half, 2020 results on Aug 21, 2020