View Financial HealthOlympic Circuit Technology 配当と自社株買い配当金 基準チェック /26Olympic Circuit Technology配当を支払う会社であり、現在の利回りは1.44%で、収益によって十分にカバーされています。主要情報1.4%配当利回り-0.007%バイバック利回り総株主利回り1.4%将来の配当利回り1.4%配当成長9.4%次回配当支払日n/a配当落ち日n/a一株当たり配当金n/a配当性向80%最近の配当と自社株買いの更新更新なしすべての更新を表示Recent updatesお知らせ • Jun 30Olympic Circuit Technology Co., Ltd to Report First Half, 2026 Results on Aug 14, 2026Olympic Circuit Technology Co., Ltd announced that they will report first half, 2026 results on Aug 14, 2026Valuation Update With 7 Day Price Move • Jun 26Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to CN¥48.20, the stock trades at a trailing P/E ratio of 64.2x. Average trailing P/E is 81x in the Electronic industry in China. Total returns to shareholders of 162% over the past three years.Valuation Update With 7 Day Price Move • Jun 01Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to CN¥55.98, the stock trades at a forward P/E ratio of 34x. Average forward P/E is 38x in the Electronic industry in China. Total returns to shareholders of 216% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥28.57 per share.New Risk • May 05New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 9.5% 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 13x cash flows per share). Share price has been volatile over the past 3 months (8.5% average weekly change). Profit margins are more than 30% lower than last year (9.5% net profit margin).Reported Earnings • Apr 24Full year 2025 earnings: EPS and revenues miss analyst expectationsFull year 2025 results: EPS: CN¥0.95. Revenue: CN¥5.58b (up 11% from FY 2024). Net income: CN¥684.0m (up 1.4% from FY 2024). Profit margin: 12% (down from 13% in FY 2024). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 9.2%. Earnings per share (EPS) also missed analyst estimates by 21%. Revenue is forecast to grow 27% p.a. on average during the next 2 years, compared to a 24% growth forecast for the Electronic industry in China.お知らせ • Apr 23Olympic Circuit Technology Co., Ltd, Annual General Meeting, May 14, 2026Olympic Circuit Technology Co., Ltd, Annual General Meeting, May 14, 2026, at 13:30 China Standard Time. Location: The Company's Meeting Room, Heshan, Guangdong ChinaValuation Update With 7 Day Price Move • Apr 09Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CN¥57.08, the stock trades at a forward P/E ratio of 38x. Average forward P/E is 31x in the Electronic industry in China. Total returns to shareholders of 240% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥30.23 per share.お知らせ • Mar 30Olympic Circuit Technology Co., Ltd to Report Q1, 2026 Results on Apr 30, 2026Olympic Circuit Technology Co., Ltd announced that they will report Q1, 2026 results on Apr 30, 2026Price Target Changed • Feb 21Price target decreased by 21% to CN¥30.00Down from CN¥37.98, the current price target is provided by 1 analyst. New target price is 52% below last closing price of CN¥62.70. Stock is up 59% over the past year. The company is forecast to post earnings per share of CN¥1.22 for next year compared to CN¥1.09 last year.Valuation Update With 7 Day Price Move • Jan 27Investor sentiment improves as stock rises 15%After last week's 15% share price gain to CN¥68.25, the stock trades at a forward P/E ratio of 46x. Average forward P/E is 33x in the Electronic industry in China. Total returns to shareholders of 361% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥29.43 per share.Valuation Update With 7 Day Price Move • Jan 09Investor sentiment improves as stock rises 15%After last week's 15% share price gain to CN¥55.68, the stock trades at a forward P/E ratio of 37x. Average forward P/E is 32x in the Electronic industry in China. Total returns to shareholders of 301% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥29.47 per share.お知らせ • Dec 26Olympic Circuit Technology Co., Ltd to Report Fiscal Year 2025 Results on Apr 29, 2026Olympic Circuit Technology Co., Ltd announced that they will report fiscal year 2025 results on Apr 29, 2026Reported Earnings • Oct 29Third quarter 2025 earnings released: EPS: CN¥0.34 (vs CN¥0.29 in 3Q 2024)Third quarter 2025 results: EPS: CN¥0.34 (up from CN¥0.29 in 3Q 2024). Revenue: CN¥1.50b (up 17% from 3Q 2024). Net income: CN¥241.0m (up 34% from 3Q 2024). Profit margin: 16% (up from 14% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 25% p.a. on average during the next 3 years, compared to a 22% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has increased by 37% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Sep 30Olympic Circuit Technology Co., Ltd to Report Q3, 2025 Results on Oct 29, 2025Olympic Circuit Technology Co., Ltd announced that they will report Q3, 2025 results on Oct 29, 2025Valuation Update With 7 Day Price Move • Sep 11Investor sentiment improves as stock rises 23%After last week's 23% share price gain to CN¥42.55, the stock trades at a forward P/E ratio of 31x. Average forward P/E is 31x in the Electronic industry in China. Total returns to shareholders of 209% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥29.87 per share.Buy Or Sell Opportunity • Aug 28Now 22% overvalued after recent price riseOver the last 90 days, the stock has risen 41% to CN¥37.02. The fair value is estimated to be CN¥30.28, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 5.8% over the last 3 years. Earnings per share has grown by 25%. Revenue is forecast to grow by 60% in 2 years. Earnings are forecast to grow by 57% in the next 2 years.Buy Or Sell Opportunity • Aug 13Now 23% overvalued after recent price riseOver the last 90 days, the stock has risen 40% to CN¥36.99. The fair value is estimated to be CN¥30.15, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 5.8% over the last 3 years. Earnings per share has grown by 25%. Revenue is forecast to grow by 60% in 2 years. Earnings are forecast to grow by 57% in the next 2 years.New Risk • Jul 28New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 6.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company.お知らせ • Jun 30Olympic Circuit Technology Co., Ltd to Report First Half, 2025 Results on Aug 27, 2025Olympic Circuit Technology Co., Ltd announced that they will report first half, 2025 results on Aug 27, 2025お知らせ • Apr 16Olympic Circuit Technology Co., Ltd, Annual General Meeting, May 06, 2025Olympic Circuit Technology Co., Ltd, Annual General Meeting, May 06, 2025, at 13:30 China Standard Time. Location: The Company's Meeting Room, Heshan, Guangdong ChinaReported Earnings • Apr 14Full year 2024 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2024 results: EPS: CN¥1.09 (up from CN¥0.93 in FY 2023). Revenue: CN¥5.02b (up 11% from FY 2023). Net income: CN¥674.7m (up 36% from FY 2023). Profit margin: 13% (up from 11% in FY 2023). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 4.1%. Earnings per share (EPS) exceeded analyst estimates by 7.9%. Revenue is forecast to grow 21% p.a. on average during the next 2 years, compared to a 17% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has increased by 30% 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 • Apr 08Investor sentiment deteriorates as stock falls 23%After last week's 23% share price decline to CN¥23.24, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 23x in the Electronic industry in China. Total returns to shareholders of 75% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥35.58 per share.New Risk • Apr 07New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Chinese stocks, typically moving 9.9% 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 (9.9% average weekly change). Shareholders have been substantially diluted in the past year (33% increase in shares outstanding).Buy Or Sell Opportunity • Apr 07Now 28% undervalued after recent price dropOver the last 90 days, the stock has fallen 12% to CN¥25.82. The fair value is estimated to be CN¥35.78, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.2% over the last 3 years. Earnings per share has grown by 33%. Revenue is forecast to grow by 53% in 2 years. Earnings are forecast to grow by 70% in the next 2 years.お知らせ • Mar 28Olympic Circuit Technology Co., Ltd to Report Q1, 2025 Results on Apr 16, 2025Olympic Circuit Technology Co., Ltd announced that they will report Q1, 2025 results on Apr 16, 2025分析記事 • Mar 25Olympic Circuit Technology Co., Ltd's (SHSE:603920) Popularity With Investors Under Threat As Stock Sinks 25%Olympic Circuit Technology Co., Ltd ( SHSE:603920 ) shares have retraced a considerable 25% in the last month...Valuation Update With 7 Day Price Move • Feb 28Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to CN¥32.17, the stock trades at a forward P/E ratio of 26x. Average forward P/E is 31x in the Electronic industry in China. Total returns to shareholders of 96% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥34.56 per share.分析記事 • Feb 23A Look At The Intrinsic Value Of Olympic Circuit Technology Co., Ltd (SHSE:603920)Key Insights Olympic Circuit Technology's estimated fair value is CN¥34.73 based on 2 Stage Free Cash Flow to Equity...Valuation Update With 7 Day Price Move • Feb 12Investor sentiment improves as stock rises 25%After last week's 25% share price gain to CN¥38.30, the stock trades at a forward P/E ratio of 31x. Average forward P/E is 29x in the Electronic industry in China. Total returns to shareholders of 97% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥34.48 per share.分析記事 • Feb 07Olympic Circuit Technology Co., Ltd's (SHSE:603920) 25% Share Price Surge Not Quite Adding UpOlympic Circuit Technology Co., Ltd ( SHSE:603920 ) shareholders would be excited to see that the share price has had a...分析記事 • Jan 17Olympic Circuit Technology (SHSE:603920) Has Some Way To Go To Become A Multi-BaggerFinding 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 • Jan 16New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 34% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Shareholders have been substantially diluted in the past year (34% increase in shares outstanding). Minor Risk Share price has been volatile over the past 3 months (9.4% average weekly change).Valuation Update With 7 Day Price Move • Jan 14Investor sentiment improves as stock rises 15%After last week's 15% share price gain to CN¥33.71, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 25x in the Electronic industry in China. Total returns to shareholders of 48% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥36.65 per share.Buy Or Sell Opportunity • Jan 10Now 20% undervaluedOver the last 90 days, the stock has risen 31% to CN¥31.58. The fair value is estimated to be CN¥39.48, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.2% over the last 3 years. Earnings per share has grown by 33%. Revenue is forecast to grow by 46% in 2 years. Earnings are forecast to grow by 58% in the next 2 years.分析記事 • Jan 01Is Olympic Circuit Technology (SHSE:603920) Using Too Much Debt?Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...お知らせ • Dec 27Olympic Circuit Technology Co., Ltd to Report Fiscal Year 2024 Results on Apr 16, 2025Olympic Circuit Technology Co., Ltd announced that they will report fiscal year 2024 results on Apr 16, 2025分析記事 • Nov 14There's Reason For Concern Over Olympic Circuit Technology Co., Ltd's (SHSE:603920) Massive 39% Price JumpDespite an already strong run, Olympic Circuit Technology Co., Ltd ( SHSE:603920 ) shares have been powering on, with a...Valuation Update With 7 Day Price Move • Nov 06Investor sentiment improves as stock rises 17%After last week's 17% share price gain to CN¥32.62, the stock trades at a forward P/E ratio of 26x. Average forward P/E is 26x in the Electronic industry in China. Total returns to shareholders of 58% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥45.95 per share.分析記事 • Nov 04Solid Earnings Reflect Olympic Circuit Technology's (SHSE:603920) Strength As A BusinessWhen companies post strong earnings, the stock generally performs well, just like Olympic Circuit Technology Co., Ltd's...Reported Earnings • Oct 29Third quarter 2024 earnings released: EPS: CN¥0.29 (vs CN¥0.33 in 3Q 2023)Third quarter 2024 results: EPS: CN¥0.29. Revenue: CN¥1.28b (up 6.8% from 3Q 2023). Net income: CN¥180.2m (flat on 3Q 2023). Profit margin: 14% (in line with 3Q 2023). Revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Electronic industry in China.分析記事 • Oct 16Returns On Capital At Olympic Circuit Technology (SHSE:603920) Have StalledThere are a few key trends to look for if we want to identify the next multi-bagger. One common approach is to try and...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¥23.40, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 23x in the Electronic industry in China. Total returns to shareholders of 67% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥45.92 per share.分析記事 • Sep 30Olympic Circuit Technology Co., Ltd's (SHSE:603920) 26% Price Boost Is Out Of Tune With EarningsOlympic Circuit Technology Co., Ltd ( SHSE:603920 ) shares have continued their recent momentum with a 26% gain in the...お知らせ • Sep 30Olympic Circuit Technology Co., Ltd to Report Q3, 2024 Results on Oct 29, 2024Olympic Circuit Technology Co., Ltd announced that they will report Q3, 2024 results on Oct 29, 2024Valuation Update With 7 Day Price Move • Sep 30Investor sentiment improves as stock rises 17%After last week's 17% share price gain to CN¥23.15, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 21x in the Electronic industry in China. Total returns to shareholders of 99% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥46.00 per share.New Risk • Sep 25New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Chinese stocks, typically moving 8.5% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (8.5% average weekly change). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Shareholders have been diluted in the past year (24% increase in shares outstanding).分析記事 • Sep 16Is Olympic Circuit Technology (SHSE:603920) Using Too Much Debt?Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...Valuation Update With 7 Day Price Move • Sep 05Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CN¥22.24, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 20x in the Electronic industry in China. Total returns to shareholders of 52% over the past three years.分析記事 • Jul 25Is Olympic Circuit Technology Co., Ltd (SHSE:603920) Expensive For A Reason? A Look At Its Intrinsic ValueKey Insights Olympic Circuit Technology's estimated fair value is CN¥16.10 based on 2 Stage Free Cash Flow to Equity...New Risk • Jul 18New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 7.6% 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: 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 (7.6% average weekly change). Shareholders have been diluted in the past year (24% increase in shares outstanding).Valuation Update With 7 Day Price Move • Jul 09Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CN¥22.08, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 21x in the Electronic industry in China. Total returns to shareholders of 85% over the past three years.お知らせ • Jun 29Olympic Circuit Technology Co., Ltd to Report First Half, 2024 Results on Aug 23, 2024Olympic Circuit Technology Co., Ltd announced that they will report first half, 2024 results on Aug 23, 2024分析記事 • Jun 26Olympic Circuit Technology (SHSE:603920) Might Be Having Difficulty Using Its Capital EffectivelyThere are a few key trends to look for if we want to identify the next multi-bagger. Ideally, a business will show two...分析記事 • Jun 07Why Investors Shouldn't Be Surprised By Olympic Circuit Technology Co., Ltd's (SHSE:603920) Low P/EOlympic Circuit Technology Co., Ltd's ( SHSE:603920 ) price-to-earnings (or "P/E") ratio of 23.1x might make it look...Reported Earnings • Apr 26First quarter 2024 earnings released: EPS: CN¥0.20 (vs CN¥0.14 in 1Q 2023)First quarter 2024 results: EPS: CN¥0.20 (up from CN¥0.14 in 1Q 2023). Revenue: CN¥1.09b (up 7.7% from 1Q 2023). Net income: CN¥108.6m (up 45% from 1Q 2023). Profit margin: 9.9% (up from 7.4% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 21% p.a. on average during the next 2 years, compared to a 17% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth.お知らせ • Apr 26Olympic Circuit Technology Co., Ltd, Annual General Meeting, May 15, 2024Olympic Circuit Technology Co., Ltd, Annual General Meeting, May 15, 2024, at 13:30 China Standard Time. Location: The Company's Meeting Room, Heshan, Guangdong China分析記事 • Apr 25The Strong Earnings Posted By Olympic Circuit Technology (SHSE:603920) Are A Good Indication Of The Strength Of The BusinessOlympic Circuit Technology Co., Ltd ( SHSE:603920 ) just reported healthy earnings but the stock price didn't move...New Risk • Apr 17New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 24% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Shareholders have been diluted in the past year (24% increase in shares outstanding).分析記事 • Apr 05Here's Why We Think Olympic Circuit Technology (SHSE:603920) Is Well Worth WatchingInvestors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...お知らせ • Mar 29Olympic Circuit Technology Co., Ltd to Report Q1, 2024 Results on Apr 30, 2024Olympic Circuit Technology Co., Ltd announced that they will report Q1, 2024 results on Apr 30, 2024分析記事 • Mar 17Is Olympic Circuit Technology (SHSE:603920) Using Too Much Debt?Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...分析記事 • Mar 01Olympic Circuit Technology Co., Ltd (SHSE:603920) Surges 29% Yet Its Low P/E Is No Reason For ExcitementOlympic Circuit Technology Co., Ltd ( SHSE:603920 ) shareholders are no doubt pleased to see that the share price has...Valuation Update With 7 Day Price Move • Feb 27Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CN¥16.70, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 20x in the Electronic industry in China. Total returns to shareholders of 22% over the past three years.Valuation Update With 7 Day Price Move • Feb 02Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to CN¥13.00, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 17x in the Electronic industry in China. Total loss to shareholders of 4.0% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥7.21 per share.お知らせ • Dec 29Olympic Circuit Technology Co., Ltd to Report Fiscal Year 2023 Results on Apr 25, 2024Olympic Circuit Technology Co., Ltd announced that they will report fiscal year 2023 results on Apr 25, 2024Reported Earnings • Oct 24Third quarter 2023 earnings released: EPS: CN¥0.33 (vs CN¥0.33 in 3Q 2022)Third quarter 2023 results: EPS: CN¥0.33 (up from CN¥0.33 in 3Q 2022). Revenue: CN¥1.20b (up 5.0% from 3Q 2022). Net income: CN¥178.5m (up 8.4% from 3Q 2022). Profit margin: 15% (in line with 3Q 2022). Revenue is forecast to grow 21% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.Reported Earnings • Aug 30Second quarter 2023 earnings released: EPS: CN¥0.23 (vs CN¥0.13 in 2Q 2022)Second quarter 2023 results: EPS: CN¥0.23 (up from CN¥0.13 in 2Q 2022). Revenue: CN¥1.14b (down 7.2% from 2Q 2022). Net income: CN¥120.9m (up 40% from 2Q 2022). Profit margin: 11% (up from 7.0% in 2Q 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.お知らせ • Jun 28Olympic Circuit Technology Co., Ltd to Report First Half, 2023 Results on Aug 30, 2023Olympic Circuit Technology Co., Ltd announced that they will report first half, 2023 results on Aug 30, 2023Valuation Update With 7 Day Price Move • May 31Investor sentiment improves as stock rises 20%After last week's 20% share price gain to CN¥20.38, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 24x in the Electronic industry in China. Total returns to shareholders of 20% over the past three years.Reported Earnings • Apr 28Third quarter 2022 earnings released: EPS: CN¥0.33 (vs CN¥0.14 in 3Q 2021)Third quarter 2022 results: EPS: CN¥0.33 (up from CN¥0.14 in 3Q 2021). Revenue: CN¥1.14b (up 3.0% from 3Q 2021). Net income: CN¥164.6m (up 111% from 3Q 2021). Profit margin: 14% (up from 7.0% in 3Q 2021). Revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings.Valuation Update With 7 Day Price Move • Apr 26Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to CN¥16.71, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 23x in the Electronic industry in China. Total returns to shareholders of 6.0% over the past three years.Reported Earnings • Oct 30Third quarter 2022 earnings released: EPS: CN¥0.33 (vs CN¥0.14 in 3Q 2021)Third quarter 2022 results: EPS: CN¥0.33 (up from CN¥0.14 in 3Q 2021). Revenue: CN¥1.14b (up 3.0% from 3Q 2021). Net income: CN¥164.6m (up 111% from 3Q 2021). Profit margin: 14% (up from 7.0% in 3Q 2021). The increase in margin was primarily driven by lower expenses. Revenue is forecast to grow 20% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Electronic industry in China. 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 10% per year, which means it is well ahead of earnings.Valuation Update With 7 Day Price Move • Oct 17Investor sentiment improved over the past weekAfter last week's 19% share price gain to CN¥15.41, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 20x in the Electronic industry in China. Total returns to shareholders of 44% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥8.22 per share.Reported Earnings • Aug 26Second quarter 2022 earnings released: EPS: CN¥0.13 (vs CN¥0.096 in 2Q 2021)Second quarter 2022 results: EPS: CN¥0.13 (up from CN¥0.096 in 2Q 2021). Revenue: CN¥1.22b (up 51% from 2Q 2021). Net income: CN¥86.3m (up 71% from 2Q 2021). Profit margin: 7.0% (up from 6.2% in 2Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 18%, compared to a 25% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has increased by 13% per year, which means it is well ahead of earnings.お知らせ • Aug 05Olympic Circuit Technology Co., Ltd announced that it expects to receive CNY 1.7930565 billion in fundingOlympic Circuit Technology Co., Ltd announced a private placement of A Shares to issue not more than 159,674,775 shares for an aggregate gross proceeds of not more than CNY 1,793,056,500 on August 4, 2022. The company shall issue shares at a price not less than 80% of the average price in the 20 trading days before the pricing reference date. The transaction will include participation from no more than 35 investors. The shares to be issued shall have a hold period of 6 months from closing of the transaction. The transaction has been approved at the 2nd Meeting of the company’s 4th Directorate and 2nd Meeting of the 4th Supervisory Board. The transaction is still subject to approval from company’s Shareholders and the China Securities Regulatory Commission.Valuation Update With 7 Day Price Move • Aug 01Investor sentiment improved over the past weekAfter last week's 15% share price gain to CN¥18.55, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 23x in the Electronic industry in China. Total returns to shareholders of 89% over the past three years.Valuation Update With 7 Day Price Move • Jul 05Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to CN¥15.70, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 22x in the Electronic industry in China. Total returns to shareholders of 66% over the past three years.Reported Earnings • Apr 27First quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behindFirst quarter 2022 results: EPS: CN¥0.09 (up from CN¥0.054 in 1Q 2021). Revenue: CN¥977.6m (up 42% from 1Q 2021). Net income: CN¥47.2m (up 69% from 1Q 2021). Profit margin: 4.8% (up from 4.1% in 1Q 2021). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.6%. Earnings per share (EPS) missed analyst estimates by 17%. Over the next year, revenue is forecast to grow 25%, compared to a 24% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings.Valuation Update With 7 Day Price Move • Apr 13Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to CN¥13.86, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 20x in the Electronic industry in China. Total returns to shareholders of 37% over the past three years.Valuation Update With 7 Day Price Move • Mar 07Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to CN¥17.09, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 25x in the Electronic industry in China. Total returns to shareholders of 70% over the past three years.Valuation Update With 7 Day Price Move • Dec 24Investor sentiment improved over the past weekAfter last week's 15% share price gain to CN¥22.82, the stock trades at a forward P/E ratio of 31x. Average forward P/E is 31x in the Electronic industry in China. Total returns to shareholders of 172% over the past three years.Valuation Update With 7 Day Price Move • Nov 24Investor sentiment improved over the past weekAfter last week's 19% share price gain to CN¥23.79, the stock trades at a forward P/E ratio of 32x. Average forward P/E is 30x in the Electronic industry in China. Total returns to shareholders of 180% over the past three years.Reported Earnings • Nov 01Third quarter 2021 earnings released: EPS CN¥0.14 (vs CN¥0.14 in 3Q 2020)The company reported a solid third quarter result with improved earnings and revenues, although profit margins were weaker. Third quarter 2021 results: Revenue: CN¥1.11b (up 61% from 3Q 2020). Net income: CN¥78.0m (up 7.3% from 3Q 2020). Profit margin: 7.0% (down from 11% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has increased by 26% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • Oct 26Investor sentiment improved over the past weekAfter last week's 17% share price gain to CN¥17.96, the stock trades at a trailing P/E ratio of 40.1x. Average trailing P/E is 37x in the Electronic industry in China. Total returns to shareholders of 113% over the past three years.Valuation Update With 7 Day Price Move • Sep 06Investor sentiment improved over the past weekAfter last week's 26% share price gain to CN¥15.43, the stock trades at a trailing P/E ratio of 33.8x. Average trailing P/E is 38x in the Electronic industry in China. Total returns to shareholders of 65% over the past three years.Reported Earnings • Aug 22Second quarter 2021 earnings released: EPS CN¥0.096 (vs CN¥0.17 in 2Q 2020)The company reported a mediocre second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2021 results: Revenue: CN¥813.1m (up 30% from 2Q 2020). Net income: CN¥50.3m (down 45% from 2Q 2020). Profit margin: 6.2% (down from 14% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 13% per year whereas the company’s share price has increased by 11% per year.Valuation Update With 7 Day Price Move • Jul 29Investor sentiment improved over the past weekAfter last week's 15% share price gain to CN¥14.43, the stock trades at a trailing P/E ratio of 27.3x. Average trailing P/E is 37x in the Electronic industry in China. Total returns to shareholders of 75% over the past three years.Valuation Update With 7 Day Price Move • Jun 25Investor sentiment improved over the past weekAfter last week's 16% share price gain to CN¥14.49, the stock trades at a trailing P/E ratio of 27.4x. Average trailing P/E is 38x in the Electronic industry in China. Total returns to shareholders of 68% over the past three years.Reported Earnings • May 02First quarter 2021 earnings released: EPS CN¥0.07 (vs CN¥0.13 in 1Q 2020)The company reported a mediocre first quarter result with weaker earnings and profit margins, although revenues improved. First quarter 2021 results: Revenue: CN¥687.7m (up 38% from 1Q 2020). Net income: CN¥27.9m (down 46% from 1Q 2020). Profit margin: 4.1% (down from 10% in 1Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.Reported Earnings • Apr 15Full year 2020 earnings released: EPS CN¥0.75 (vs CN¥0.81 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¥2.54b (up 4.0% from FY 2019). Net income: CN¥303.7m (down 7.1% from FY 2019). Profit margin: 12% (down from 13% in FY 2019). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.Is New 90 Day High Low • Feb 26New 90-day low: CN¥19.18The company is down 37% from its price of CN¥30.62 on 27 November 2020. The Chinese market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is down 2.0% over the same period.Is New 90 Day High Low • Jan 25New 90-day low: CN¥23.45The company is down 2.0% from its price of CN¥23.95 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 Electronic industry, which is up 9.0% over the same period.Valuation Update With 7 Day Price Move • Nov 06Market bids up stock over the past weekAfter last week's 16% share price gain to CN¥28.00, the stock is trading at a trailing P/E ratio of 34.9x, up from the previous P/E ratio of 30.1x. This compares to an average P/E of 48x in the Electronic industry in China. Total returns to shareholders over the past three years are 35%.Is New 90 Day High Low • Nov 06New 90-day high: CN¥28.00The company is up 19% from its price of CN¥23.46 on 07 August 2020. The Chinese market is down 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is up 2.0% over the same period.Reported Earnings • Nov 01Third quarter earnings releasedOver the last 12 months the company has reported total profits of CN¥324.7m, up 16% from the prior year. Total revenue was CN¥2.49b over the last 12 months, up 7.4% from the prior year.お知らせ • Oct 30Olympic Circuit Technology Co., Ltd to Report Q3, 2020 Results on Oct 31, 2020Olympic Circuit Technology Co., Ltd announced that they will report Q3, 2020 results on Oct 31, 2020決済の安定と成長配当データの取得安定した配当: 配当金の支払いは安定していますが、 603920が配当金を支払っている期間は 10 年未満です。増加する配当: 603920の配当金は増加していますが、同社は8年間しか配当金を支払っていません。配当利回り対市場Olympic Circuit Technology 配当利回り対市場603920 配当利回りは市場と比べてどうか？セグメント配当利回り会社 (603920)1.4%市場下位25% (CN)0.4%市場トップ25% (CN)2.2%業界平均 (Electronic)0.9%アナリスト予想 (603920) (最長3年)1.4%注目すべき配当: 603920の配当金 ( 1.44% ) はCN市場の配当金支払者の下位 25% ( 0.39% ) よりも高くなっています。高配当: 603920の配当金 ( 1.44% ) はCN市場の配当金支払者の上位 25% ( 2.21% ) と比較すると低いです。株主への利益配当収益カバレッジ: 現在の配当性向（ 80.3% ）では、 603920の支払いは利益によってカバーされています。株主配当金キャッシュフローカバレッジ: 603920は高い 現金配当性向 ( 1386.4% ) のため、配当金の支払いはキャッシュフローで十分にカバーされていません。高配当企業の発掘7D1Y7D1Y7D1YCN 市場の強力な配当支払い企業。View Management企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/07/07 04:06終値2026/07/07 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Olympic Circuit 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 HuGuosen Securities Co., Ltd.
お知らせ • Jun 30Olympic Circuit Technology Co., Ltd to Report First Half, 2026 Results on Aug 14, 2026Olympic Circuit Technology Co., Ltd announced that they will report first half, 2026 results on Aug 14, 2026
Valuation Update With 7 Day Price Move • Jun 26Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to CN¥48.20, the stock trades at a trailing P/E ratio of 64.2x. Average trailing P/E is 81x in the Electronic industry in China. Total returns to shareholders of 162% over the past three years.
Valuation Update With 7 Day Price Move • Jun 01Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to CN¥55.98, the stock trades at a forward P/E ratio of 34x. Average forward P/E is 38x in the Electronic industry in China. Total returns to shareholders of 216% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥28.57 per share.
New Risk • May 05New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 9.5% 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 13x cash flows per share). Share price has been volatile over the past 3 months (8.5% average weekly change). Profit margins are more than 30% lower than last year (9.5% net profit margin).
Reported Earnings • Apr 24Full year 2025 earnings: EPS and revenues miss analyst expectationsFull year 2025 results: EPS: CN¥0.95. Revenue: CN¥5.58b (up 11% from FY 2024). Net income: CN¥684.0m (up 1.4% from FY 2024). Profit margin: 12% (down from 13% in FY 2024). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 9.2%. Earnings per share (EPS) also missed analyst estimates by 21%. Revenue is forecast to grow 27% p.a. on average during the next 2 years, compared to a 24% growth forecast for the Electronic industry in China.
お知らせ • Apr 23Olympic Circuit Technology Co., Ltd, Annual General Meeting, May 14, 2026Olympic Circuit Technology Co., Ltd, Annual General Meeting, May 14, 2026, at 13:30 China Standard Time. Location: The Company's Meeting Room, Heshan, Guangdong China
Valuation Update With 7 Day Price Move • Apr 09Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CN¥57.08, the stock trades at a forward P/E ratio of 38x. Average forward P/E is 31x in the Electronic industry in China. Total returns to shareholders of 240% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥30.23 per share.
お知らせ • Mar 30Olympic Circuit Technology Co., Ltd to Report Q1, 2026 Results on Apr 30, 2026Olympic Circuit Technology Co., Ltd announced that they will report Q1, 2026 results on Apr 30, 2026
Price Target Changed • Feb 21Price target decreased by 21% to CN¥30.00Down from CN¥37.98, the current price target is provided by 1 analyst. New target price is 52% below last closing price of CN¥62.70. Stock is up 59% over the past year. The company is forecast to post earnings per share of CN¥1.22 for next year compared to CN¥1.09 last year.
Valuation Update With 7 Day Price Move • Jan 27Investor sentiment improves as stock rises 15%After last week's 15% share price gain to CN¥68.25, the stock trades at a forward P/E ratio of 46x. Average forward P/E is 33x in the Electronic industry in China. Total returns to shareholders of 361% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥29.43 per share.
Valuation Update With 7 Day Price Move • Jan 09Investor sentiment improves as stock rises 15%After last week's 15% share price gain to CN¥55.68, the stock trades at a forward P/E ratio of 37x. Average forward P/E is 32x in the Electronic industry in China. Total returns to shareholders of 301% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥29.47 per share.
お知らせ • Dec 26Olympic Circuit Technology Co., Ltd to Report Fiscal Year 2025 Results on Apr 29, 2026Olympic Circuit Technology Co., Ltd announced that they will report fiscal year 2025 results on Apr 29, 2026
Reported Earnings • Oct 29Third quarter 2025 earnings released: EPS: CN¥0.34 (vs CN¥0.29 in 3Q 2024)Third quarter 2025 results: EPS: CN¥0.34 (up from CN¥0.29 in 3Q 2024). Revenue: CN¥1.50b (up 17% from 3Q 2024). Net income: CN¥241.0m (up 34% from 3Q 2024). Profit margin: 16% (up from 14% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 25% p.a. on average during the next 3 years, compared to a 22% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has increased by 37% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Sep 30Olympic Circuit Technology Co., Ltd to Report Q3, 2025 Results on Oct 29, 2025Olympic Circuit Technology Co., Ltd announced that they will report Q3, 2025 results on Oct 29, 2025
Valuation Update With 7 Day Price Move • Sep 11Investor sentiment improves as stock rises 23%After last week's 23% share price gain to CN¥42.55, the stock trades at a forward P/E ratio of 31x. Average forward P/E is 31x in the Electronic industry in China. Total returns to shareholders of 209% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥29.87 per share.
Buy Or Sell Opportunity • Aug 28Now 22% overvalued after recent price riseOver the last 90 days, the stock has risen 41% to CN¥37.02. The fair value is estimated to be CN¥30.28, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 5.8% over the last 3 years. Earnings per share has grown by 25%. Revenue is forecast to grow by 60% in 2 years. Earnings are forecast to grow by 57% in the next 2 years.
Buy Or Sell Opportunity • Aug 13Now 23% overvalued after recent price riseOver the last 90 days, the stock has risen 40% to CN¥36.99. The fair value is estimated to be CN¥30.15, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 5.8% over the last 3 years. Earnings per share has grown by 25%. Revenue is forecast to grow by 60% in 2 years. Earnings are forecast to grow by 57% in the next 2 years.
New Risk • Jul 28New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 6.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company.
お知らせ • Jun 30Olympic Circuit Technology Co., Ltd to Report First Half, 2025 Results on Aug 27, 2025Olympic Circuit Technology Co., Ltd announced that they will report first half, 2025 results on Aug 27, 2025
お知らせ • Apr 16Olympic Circuit Technology Co., Ltd, Annual General Meeting, May 06, 2025Olympic Circuit Technology Co., Ltd, Annual General Meeting, May 06, 2025, at 13:30 China Standard Time. Location: The Company's Meeting Room, Heshan, Guangdong China
Reported Earnings • Apr 14Full year 2024 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2024 results: EPS: CN¥1.09 (up from CN¥0.93 in FY 2023). Revenue: CN¥5.02b (up 11% from FY 2023). Net income: CN¥674.7m (up 36% from FY 2023). Profit margin: 13% (up from 11% in FY 2023). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 4.1%. Earnings per share (EPS) exceeded analyst estimates by 7.9%. Revenue is forecast to grow 21% p.a. on average during the next 2 years, compared to a 17% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has increased by 30% 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 • Apr 08Investor sentiment deteriorates as stock falls 23%After last week's 23% share price decline to CN¥23.24, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 23x in the Electronic industry in China. Total returns to shareholders of 75% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥35.58 per share.
New Risk • Apr 07New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Chinese stocks, typically moving 9.9% 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 (9.9% average weekly change). Shareholders have been substantially diluted in the past year (33% increase in shares outstanding).
Buy Or Sell Opportunity • Apr 07Now 28% undervalued after recent price dropOver the last 90 days, the stock has fallen 12% to CN¥25.82. The fair value is estimated to be CN¥35.78, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.2% over the last 3 years. Earnings per share has grown by 33%. Revenue is forecast to grow by 53% in 2 years. Earnings are forecast to grow by 70% in the next 2 years.
お知らせ • Mar 28Olympic Circuit Technology Co., Ltd to Report Q1, 2025 Results on Apr 16, 2025Olympic Circuit Technology Co., Ltd announced that they will report Q1, 2025 results on Apr 16, 2025
分析記事 • Mar 25Olympic Circuit Technology Co., Ltd's (SHSE:603920) Popularity With Investors Under Threat As Stock Sinks 25%Olympic Circuit Technology Co., Ltd ( SHSE:603920 ) shares have retraced a considerable 25% in the last month...
Valuation Update With 7 Day Price Move • Feb 28Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to CN¥32.17, the stock trades at a forward P/E ratio of 26x. Average forward P/E is 31x in the Electronic industry in China. Total returns to shareholders of 96% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥34.56 per share.
分析記事 • Feb 23A Look At The Intrinsic Value Of Olympic Circuit Technology Co., Ltd (SHSE:603920)Key Insights Olympic Circuit Technology's estimated fair value is CN¥34.73 based on 2 Stage Free Cash Flow to Equity...
Valuation Update With 7 Day Price Move • Feb 12Investor sentiment improves as stock rises 25%After last week's 25% share price gain to CN¥38.30, the stock trades at a forward P/E ratio of 31x. Average forward P/E is 29x in the Electronic industry in China. Total returns to shareholders of 97% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥34.48 per share.
分析記事 • Feb 07Olympic Circuit Technology Co., Ltd's (SHSE:603920) 25% Share Price Surge Not Quite Adding UpOlympic Circuit Technology Co., Ltd ( SHSE:603920 ) shareholders would be excited to see that the share price has had a...
分析記事 • Jan 17Olympic Circuit Technology (SHSE:603920) Has Some Way To Go To Become A Multi-BaggerFinding 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 • Jan 16New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 34% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Shareholders have been substantially diluted in the past year (34% increase in shares outstanding). Minor Risk Share price has been volatile over the past 3 months (9.4% average weekly change).
Valuation Update With 7 Day Price Move • Jan 14Investor sentiment improves as stock rises 15%After last week's 15% share price gain to CN¥33.71, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 25x in the Electronic industry in China. Total returns to shareholders of 48% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥36.65 per share.
Buy Or Sell Opportunity • Jan 10Now 20% undervaluedOver the last 90 days, the stock has risen 31% to CN¥31.58. The fair value is estimated to be CN¥39.48, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.2% over the last 3 years. Earnings per share has grown by 33%. Revenue is forecast to grow by 46% in 2 years. Earnings are forecast to grow by 58% in the next 2 years.
分析記事 • Jan 01Is Olympic Circuit Technology (SHSE:603920) Using Too Much Debt?Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
お知らせ • Dec 27Olympic Circuit Technology Co., Ltd to Report Fiscal Year 2024 Results on Apr 16, 2025Olympic Circuit Technology Co., Ltd announced that they will report fiscal year 2024 results on Apr 16, 2025
分析記事 • Nov 14There's Reason For Concern Over Olympic Circuit Technology Co., Ltd's (SHSE:603920) Massive 39% Price JumpDespite an already strong run, Olympic Circuit Technology Co., Ltd ( SHSE:603920 ) shares have been powering on, with a...
Valuation Update With 7 Day Price Move • Nov 06Investor sentiment improves as stock rises 17%After last week's 17% share price gain to CN¥32.62, the stock trades at a forward P/E ratio of 26x. Average forward P/E is 26x in the Electronic industry in China. Total returns to shareholders of 58% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥45.95 per share.
分析記事 • Nov 04Solid Earnings Reflect Olympic Circuit Technology's (SHSE:603920) Strength As A BusinessWhen companies post strong earnings, the stock generally performs well, just like Olympic Circuit Technology Co., Ltd's...
Reported Earnings • Oct 29Third quarter 2024 earnings released: EPS: CN¥0.29 (vs CN¥0.33 in 3Q 2023)Third quarter 2024 results: EPS: CN¥0.29. Revenue: CN¥1.28b (up 6.8% from 3Q 2023). Net income: CN¥180.2m (flat on 3Q 2023). Profit margin: 14% (in line with 3Q 2023). Revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Electronic industry in China.
分析記事 • Oct 16Returns On Capital At Olympic Circuit Technology (SHSE:603920) Have StalledThere are a few key trends to look for if we want to identify the next multi-bagger. One common approach is to try and...
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¥23.40, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 23x in the Electronic industry in China. Total returns to shareholders of 67% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥45.92 per share.
分析記事 • Sep 30Olympic Circuit Technology Co., Ltd's (SHSE:603920) 26% Price Boost Is Out Of Tune With EarningsOlympic Circuit Technology Co., Ltd ( SHSE:603920 ) shares have continued their recent momentum with a 26% gain in the...
お知らせ • Sep 30Olympic Circuit Technology Co., Ltd to Report Q3, 2024 Results on Oct 29, 2024Olympic Circuit Technology Co., Ltd announced that they will report Q3, 2024 results on Oct 29, 2024
Valuation Update With 7 Day Price Move • Sep 30Investor sentiment improves as stock rises 17%After last week's 17% share price gain to CN¥23.15, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 21x in the Electronic industry in China. Total returns to shareholders of 99% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥46.00 per share.
New Risk • Sep 25New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Chinese stocks, typically moving 8.5% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (8.5% average weekly change). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Shareholders have been diluted in the past year (24% increase in shares outstanding).
分析記事 • Sep 16Is Olympic Circuit Technology (SHSE:603920) Using Too Much Debt?Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Valuation Update With 7 Day Price Move • Sep 05Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CN¥22.24, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 20x in the Electronic industry in China. Total returns to shareholders of 52% over the past three years.
分析記事 • Jul 25Is Olympic Circuit Technology Co., Ltd (SHSE:603920) Expensive For A Reason? A Look At Its Intrinsic ValueKey Insights Olympic Circuit Technology's estimated fair value is CN¥16.10 based on 2 Stage Free Cash Flow to Equity...
New Risk • Jul 18New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 7.6% 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: 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 (7.6% average weekly change). Shareholders have been diluted in the past year (24% increase in shares outstanding).
Valuation Update With 7 Day Price Move • Jul 09Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CN¥22.08, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 21x in the Electronic industry in China. Total returns to shareholders of 85% over the past three years.
お知らせ • Jun 29Olympic Circuit Technology Co., Ltd to Report First Half, 2024 Results on Aug 23, 2024Olympic Circuit Technology Co., Ltd announced that they will report first half, 2024 results on Aug 23, 2024
分析記事 • Jun 26Olympic Circuit Technology (SHSE:603920) Might Be Having Difficulty Using Its Capital EffectivelyThere are a few key trends to look for if we want to identify the next multi-bagger. Ideally, a business will show two...
分析記事 • Jun 07Why Investors Shouldn't Be Surprised By Olympic Circuit Technology Co., Ltd's (SHSE:603920) Low P/EOlympic Circuit Technology Co., Ltd's ( SHSE:603920 ) price-to-earnings (or "P/E") ratio of 23.1x might make it look...
Reported Earnings • Apr 26First quarter 2024 earnings released: EPS: CN¥0.20 (vs CN¥0.14 in 1Q 2023)First quarter 2024 results: EPS: CN¥0.20 (up from CN¥0.14 in 1Q 2023). Revenue: CN¥1.09b (up 7.7% from 1Q 2023). Net income: CN¥108.6m (up 45% from 1Q 2023). Profit margin: 9.9% (up from 7.4% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 21% p.a. on average during the next 2 years, compared to a 17% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth.
お知らせ • Apr 26Olympic Circuit Technology Co., Ltd, Annual General Meeting, May 15, 2024Olympic Circuit Technology Co., Ltd, Annual General Meeting, May 15, 2024, at 13:30 China Standard Time. Location: The Company's Meeting Room, Heshan, Guangdong China
分析記事 • Apr 25The Strong Earnings Posted By Olympic Circuit Technology (SHSE:603920) Are A Good Indication Of The Strength Of The BusinessOlympic Circuit Technology Co., Ltd ( SHSE:603920 ) just reported healthy earnings but the stock price didn't move...
New Risk • Apr 17New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 24% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Shareholders have been diluted in the past year (24% increase in shares outstanding).
分析記事 • Apr 05Here's Why We Think Olympic Circuit Technology (SHSE:603920) Is Well Worth WatchingInvestors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...
お知らせ • Mar 29Olympic Circuit Technology Co., Ltd to Report Q1, 2024 Results on Apr 30, 2024Olympic Circuit Technology Co., Ltd announced that they will report Q1, 2024 results on Apr 30, 2024
分析記事 • Mar 17Is Olympic Circuit Technology (SHSE:603920) Using Too Much Debt?Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
分析記事 • Mar 01Olympic Circuit Technology Co., Ltd (SHSE:603920) Surges 29% Yet Its Low P/E Is No Reason For ExcitementOlympic Circuit Technology Co., Ltd ( SHSE:603920 ) shareholders are no doubt pleased to see that the share price has...
Valuation Update With 7 Day Price Move • Feb 27Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CN¥16.70, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 20x in the Electronic industry in China. Total returns to shareholders of 22% over the past three years.
Valuation Update With 7 Day Price Move • Feb 02Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to CN¥13.00, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 17x in the Electronic industry in China. Total loss to shareholders of 4.0% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥7.21 per share.
お知らせ • Dec 29Olympic Circuit Technology Co., Ltd to Report Fiscal Year 2023 Results on Apr 25, 2024Olympic Circuit Technology Co., Ltd announced that they will report fiscal year 2023 results on Apr 25, 2024
Reported Earnings • Oct 24Third quarter 2023 earnings released: EPS: CN¥0.33 (vs CN¥0.33 in 3Q 2022)Third quarter 2023 results: EPS: CN¥0.33 (up from CN¥0.33 in 3Q 2022). Revenue: CN¥1.20b (up 5.0% from 3Q 2022). Net income: CN¥178.5m (up 8.4% from 3Q 2022). Profit margin: 15% (in line with 3Q 2022). Revenue is forecast to grow 21% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.
Reported Earnings • Aug 30Second quarter 2023 earnings released: EPS: CN¥0.23 (vs CN¥0.13 in 2Q 2022)Second quarter 2023 results: EPS: CN¥0.23 (up from CN¥0.13 in 2Q 2022). Revenue: CN¥1.14b (down 7.2% from 2Q 2022). Net income: CN¥120.9m (up 40% from 2Q 2022). Profit margin: 11% (up from 7.0% in 2Q 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.
お知らせ • Jun 28Olympic Circuit Technology Co., Ltd to Report First Half, 2023 Results on Aug 30, 2023Olympic Circuit Technology Co., Ltd announced that they will report first half, 2023 results on Aug 30, 2023
Valuation Update With 7 Day Price Move • May 31Investor sentiment improves as stock rises 20%After last week's 20% share price gain to CN¥20.38, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 24x in the Electronic industry in China. Total returns to shareholders of 20% over the past three years.
Reported Earnings • Apr 28Third quarter 2022 earnings released: EPS: CN¥0.33 (vs CN¥0.14 in 3Q 2021)Third quarter 2022 results: EPS: CN¥0.33 (up from CN¥0.14 in 3Q 2021). Revenue: CN¥1.14b (up 3.0% from 3Q 2021). Net income: CN¥164.6m (up 111% from 3Q 2021). Profit margin: 14% (up from 7.0% in 3Q 2021). Revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings.
Valuation Update With 7 Day Price Move • Apr 26Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to CN¥16.71, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 23x in the Electronic industry in China. Total returns to shareholders of 6.0% over the past three years.
Reported Earnings • Oct 30Third quarter 2022 earnings released: EPS: CN¥0.33 (vs CN¥0.14 in 3Q 2021)Third quarter 2022 results: EPS: CN¥0.33 (up from CN¥0.14 in 3Q 2021). Revenue: CN¥1.14b (up 3.0% from 3Q 2021). Net income: CN¥164.6m (up 111% from 3Q 2021). Profit margin: 14% (up from 7.0% in 3Q 2021). The increase in margin was primarily driven by lower expenses. Revenue is forecast to grow 20% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Electronic industry in China. 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 10% per year, which means it is well ahead of earnings.
Valuation Update With 7 Day Price Move • Oct 17Investor sentiment improved over the past weekAfter last week's 19% share price gain to CN¥15.41, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 20x in the Electronic industry in China. Total returns to shareholders of 44% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥8.22 per share.
Reported Earnings • Aug 26Second quarter 2022 earnings released: EPS: CN¥0.13 (vs CN¥0.096 in 2Q 2021)Second quarter 2022 results: EPS: CN¥0.13 (up from CN¥0.096 in 2Q 2021). Revenue: CN¥1.22b (up 51% from 2Q 2021). Net income: CN¥86.3m (up 71% from 2Q 2021). Profit margin: 7.0% (up from 6.2% in 2Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 18%, compared to a 25% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has increased by 13% per year, which means it is well ahead of earnings.
お知らせ • Aug 05Olympic Circuit Technology Co., Ltd announced that it expects to receive CNY 1.7930565 billion in fundingOlympic Circuit Technology Co., Ltd announced a private placement of A Shares to issue not more than 159,674,775 shares for an aggregate gross proceeds of not more than CNY 1,793,056,500 on August 4, 2022. The company shall issue shares at a price not less than 80% of the average price in the 20 trading days before the pricing reference date. The transaction will include participation from no more than 35 investors. The shares to be issued shall have a hold period of 6 months from closing of the transaction. The transaction has been approved at the 2nd Meeting of the company’s 4th Directorate and 2nd Meeting of the 4th Supervisory Board. The transaction is still subject to approval from company’s Shareholders and the China Securities Regulatory Commission.
Valuation Update With 7 Day Price Move • Aug 01Investor sentiment improved over the past weekAfter last week's 15% share price gain to CN¥18.55, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 23x in the Electronic industry in China. Total returns to shareholders of 89% over the past three years.
Valuation Update With 7 Day Price Move • Jul 05Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to CN¥15.70, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 22x in the Electronic industry in China. Total returns to shareholders of 66% over the past three years.
Reported Earnings • Apr 27First quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behindFirst quarter 2022 results: EPS: CN¥0.09 (up from CN¥0.054 in 1Q 2021). Revenue: CN¥977.6m (up 42% from 1Q 2021). Net income: CN¥47.2m (up 69% from 1Q 2021). Profit margin: 4.8% (up from 4.1% in 1Q 2021). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.6%. Earnings per share (EPS) missed analyst estimates by 17%. Over the next year, revenue is forecast to grow 25%, compared to a 24% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings.
Valuation Update With 7 Day Price Move • Apr 13Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to CN¥13.86, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 20x in the Electronic industry in China. Total returns to shareholders of 37% over the past three years.
Valuation Update With 7 Day Price Move • Mar 07Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to CN¥17.09, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 25x in the Electronic industry in China. Total returns to shareholders of 70% over the past three years.
Valuation Update With 7 Day Price Move • Dec 24Investor sentiment improved over the past weekAfter last week's 15% share price gain to CN¥22.82, the stock trades at a forward P/E ratio of 31x. Average forward P/E is 31x in the Electronic industry in China. Total returns to shareholders of 172% over the past three years.
Valuation Update With 7 Day Price Move • Nov 24Investor sentiment improved over the past weekAfter last week's 19% share price gain to CN¥23.79, the stock trades at a forward P/E ratio of 32x. Average forward P/E is 30x in the Electronic industry in China. Total returns to shareholders of 180% over the past three years.
Reported Earnings • Nov 01Third quarter 2021 earnings released: EPS CN¥0.14 (vs CN¥0.14 in 3Q 2020)The company reported a solid third quarter result with improved earnings and revenues, although profit margins were weaker. Third quarter 2021 results: Revenue: CN¥1.11b (up 61% from 3Q 2020). Net income: CN¥78.0m (up 7.3% from 3Q 2020). Profit margin: 7.0% (down from 11% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has increased by 26% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • Oct 26Investor sentiment improved over the past weekAfter last week's 17% share price gain to CN¥17.96, the stock trades at a trailing P/E ratio of 40.1x. Average trailing P/E is 37x in the Electronic industry in China. Total returns to shareholders of 113% over the past three years.
Valuation Update With 7 Day Price Move • Sep 06Investor sentiment improved over the past weekAfter last week's 26% share price gain to CN¥15.43, the stock trades at a trailing P/E ratio of 33.8x. Average trailing P/E is 38x in the Electronic industry in China. Total returns to shareholders of 65% over the past three years.
Reported Earnings • Aug 22Second quarter 2021 earnings released: EPS CN¥0.096 (vs CN¥0.17 in 2Q 2020)The company reported a mediocre second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2021 results: Revenue: CN¥813.1m (up 30% from 2Q 2020). Net income: CN¥50.3m (down 45% from 2Q 2020). Profit margin: 6.2% (down from 14% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 13% per year whereas the company’s share price has increased by 11% per year.
Valuation Update With 7 Day Price Move • Jul 29Investor sentiment improved over the past weekAfter last week's 15% share price gain to CN¥14.43, the stock trades at a trailing P/E ratio of 27.3x. Average trailing P/E is 37x in the Electronic industry in China. Total returns to shareholders of 75% over the past three years.
Valuation Update With 7 Day Price Move • Jun 25Investor sentiment improved over the past weekAfter last week's 16% share price gain to CN¥14.49, the stock trades at a trailing P/E ratio of 27.4x. Average trailing P/E is 38x in the Electronic industry in China. Total returns to shareholders of 68% over the past three years.
Reported Earnings • May 02First quarter 2021 earnings released: EPS CN¥0.07 (vs CN¥0.13 in 1Q 2020)The company reported a mediocre first quarter result with weaker earnings and profit margins, although revenues improved. First quarter 2021 results: Revenue: CN¥687.7m (up 38% from 1Q 2020). Net income: CN¥27.9m (down 46% from 1Q 2020). Profit margin: 4.1% (down from 10% in 1Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Apr 15Full year 2020 earnings released: EPS CN¥0.75 (vs CN¥0.81 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¥2.54b (up 4.0% from FY 2019). Net income: CN¥303.7m (down 7.1% from FY 2019). Profit margin: 12% (down from 13% in FY 2019). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.
Is New 90 Day High Low • Feb 26New 90-day low: CN¥19.18The company is down 37% from its price of CN¥30.62 on 27 November 2020. The Chinese market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is down 2.0% over the same period.
Is New 90 Day High Low • Jan 25New 90-day low: CN¥23.45The company is down 2.0% from its price of CN¥23.95 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 Electronic industry, which is up 9.0% over the same period.
Valuation Update With 7 Day Price Move • Nov 06Market bids up stock over the past weekAfter last week's 16% share price gain to CN¥28.00, the stock is trading at a trailing P/E ratio of 34.9x, up from the previous P/E ratio of 30.1x. This compares to an average P/E of 48x in the Electronic industry in China. Total returns to shareholders over the past three years are 35%.
Is New 90 Day High Low • Nov 06New 90-day high: CN¥28.00The company is up 19% from its price of CN¥23.46 on 07 August 2020. The Chinese market is down 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is up 2.0% over the same period.
Reported Earnings • Nov 01Third quarter earnings releasedOver the last 12 months the company has reported total profits of CN¥324.7m, up 16% from the prior year. Total revenue was CN¥2.49b over the last 12 months, up 7.4% from the prior year.
お知らせ • Oct 30Olympic Circuit Technology Co., Ltd to Report Q3, 2020 Results on Oct 31, 2020Olympic Circuit Technology Co., Ltd announced that they will report Q3, 2020 results on Oct 31, 2020