View ValuationZhejiang Hechuan Technology 将来の成長Future 基準チェック /06現在、 Zhejiang Hechuan Technologyの成長と収益を予測するのに十分なアナリストの調査がありません。主要情報n/a収益成長率n/aEPS成長率Electronic 収益成長32.9%収益成長率n/a将来の株主資本利益率n/aアナリストカバレッジNone最終更新日08 Jan 2026今後の成長に関する最新情報Price Target Changed • Jan 08Price target increased by 18% to CN¥23.00Up from CN¥19.50, the current price target is provided by 1 analyst. New target price is 37% below last closing price of CN¥36.58. Stock is down 14% over the past year. The company is forecast to post earnings per share of CN¥0.54 next year compared to a net loss per share of CN¥1.10 last year.Price Target Changed • Oct 04Price target increased by 12% to CN¥19.50Up from CN¥17.40, the current price target is provided by 1 analyst. New target price is 59% below last closing price of CN¥46.99. Stock is up 52% over the past year. The company is forecast to post a net loss per share of CN¥0.20 next year compared to a net loss per share of CN¥1.10 last year.Price Target Changed • May 14Price target increased by 10% to CN¥18.40Up from CN¥16.70, the current price target is provided by 1 analyst. New target price is 60% below last closing price of CN¥46.14. Stock is up 79% over the past year. The company is forecast to post earnings per share of CN¥0.47 next year compared to a net loss per share of CN¥1.10 last year.Price Target Changed • Mar 13Price target increased by 7.6% to CN¥19.85Up from CN¥18.45, the current price target is an average from 2 analysts. New target price is 56% below last closing price of CN¥44.66. Stock is up 38% over the past year. The company is forecast to post earnings per share of CN¥0.49 next year compared to a net loss per share of CN¥1.05 last year.Major Estimate Revision • Aug 30Consensus EPS estimates increase by 14%, revenue downgradedThe consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast fell from CN¥1.15b to CN¥1.06b. EPS estimate rose from CN¥0.175 to CN¥0.20. Net income forecast to grow 158% next year vs 54% growth forecast for Electronic industry in China. Consensus price target down from CN¥22.15 to CN¥20.15. Share price rose 12% to CN¥24.28 over the past week.Major Estimate Revision • Jul 23Consensus EPS estimates fall by 58%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from CN¥1.20b to CN¥1.15b. EPS estimate also fell from CN¥0.42 per share to CN¥0.175 per share. Net income forecast to grow 139% next year vs 56% growth forecast for Electronic industry in China. Consensus price target down from CN¥23.10 to CN¥22.15. Share price fell 8.7% to CN¥21.08 over the past week.すべての更新を表示Recent updatesReported Earnings • Apr 29Full year 2025 earnings released: CN¥0.88 loss per share (vs CN¥1.10 loss in FY 2024)Full year 2025 results: CN¥0.88 loss per share (improved from CN¥1.10 loss in FY 2024). Revenue: CN¥1.02b (up 26% from FY 2024). Net loss: CN¥130.0m (loss narrowed 21% from FY 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 104 percentage points per year, which is a significant difference in performance.お知らせ • Apr 29Zhejiang Hechuan Technology Co., Ltd., Annual General Meeting, May 19, 2026Zhejiang Hechuan Technology Co., Ltd., Annual General Meeting, May 19, 2026, at 14:00 China Standard Time. Location: No. 5, Qinshan Road, Chengbei Industrial Park, Longyou County, Quzhou, Zhejiang Chinaお知らせ • Apr 13Zhejiang Hechuan Technology Co., Ltd. (SHSE:688320) announces an Equity Buyback for CNY 40 million worth of its shares.Zhejiang Hechuan Technology Co., Ltd. (SHSE:688320) announces a share repurchase program. Under the program, the company will repurchase up to CNY 40 million worth of its shares. The shares will be repurchased at a price not more than CNY 48.11 per share. The repurchased shares will be used for ESOP or equity incentives. If the company fails to use the repurchased shares for the said purpose within 3 years after the completion of the program, the unused shares will be cancelled. The source of funds for this share repurchase is the company's own funds and Special Repurchase Loans. The authorization will be valid for a period of 12 months.お知らせ • Mar 30Zhejiang Hechuan Technology Co., Ltd. to Report Q1, 2026 Results on Apr 29, 2026Zhejiang Hechuan Technology Co., Ltd. announced that they will report Q1, 2026 results on Apr 29, 2026Price Target Changed • Jan 08Price target increased by 18% to CN¥23.00Up from CN¥19.50, the current price target is provided by 1 analyst. New target price is 37% below last closing price of CN¥36.58. Stock is down 14% over the past year. The company is forecast to post earnings per share of CN¥0.54 next year compared to a net loss per share of CN¥1.10 last year.New Risk • Jan 08New major risk - Revenue and earnings growthEarnings have declined by 75% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. This is currently the only risk that has been identified for the company.お知らせ • Dec 26Zhejiang Hechuan Technology Co., Ltd. to Report Fiscal Year 2025 Results on Apr 29, 2026Zhejiang Hechuan Technology Co., Ltd. announced that they will report fiscal year 2025 results on Apr 29, 2026Price Target Changed • Oct 04Price target increased by 12% to CN¥19.50Up from CN¥17.40, the current price target is provided by 1 analyst. New target price is 59% below last closing price of CN¥46.99. Stock is up 52% over the past year. The company is forecast to post a net loss per share of CN¥0.20 next year compared to a net loss per share of CN¥1.10 last year.お知らせ • Sep 30Zhejiang Hechuan Technology Co., Ltd. to Report Q3, 2025 Results on Oct 30, 2025Zhejiang Hechuan Technology Co., Ltd. announced that they will report Q3, 2025 results on Oct 30, 2025お知らせ • Jun 30Zhejiang Hechuan Technology Co., Ltd. to Report First Half, 2025 Results on Aug 28, 2025Zhejiang Hechuan Technology Co., Ltd. announced that they will report first half, 2025 results on Aug 28, 2025Price Target Changed • May 14Price target increased by 10% to CN¥18.40Up from CN¥16.70, the current price target is provided by 1 analyst. New target price is 60% below last closing price of CN¥46.14. Stock is up 79% over the past year. The company is forecast to post earnings per share of CN¥0.47 next year compared to a net loss per share of CN¥1.10 last year.Reported Earnings • Apr 28First quarter 2025 earnings: Revenues exceed analysts expectations while EPS lags behindFirst quarter 2025 results: CN¥0.19 loss per share (further deteriorated from CN¥0.10 loss in 1Q 2024). Revenue: CN¥229.5m (up 12% from 1Q 2024). Net loss: CN¥26.9m (loss widened 80% from 1Q 2024). Revenue exceeded analyst estimates by 2.2%. Earnings per share (EPS) missed analyst estimates. Revenue is forecast to grow 24% 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, the company's share price growth rate has exceeded its earnings growth rate by 138 percentage points per year, which is a significant difference in performance.New Risk • Apr 27New major risk - Revenue and earnings growthEarnings have declined by 69% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (11% average weekly change). Earnings have declined by 69% per year over the past 5 years.お知らせ • Apr 26Zhejiang Hechuan Technology Co., Ltd., Annual General Meeting, May 16, 2025Zhejiang Hechuan Technology Co., Ltd., Annual General Meeting, May 16, 2025, at 14:00 China Standard Time. Location: No. 5, Qinshan Road, Chengbei Industrial Park, Longyou County, Quzhou, Zhejiang Chinaお知らせ • Mar 28Zhejiang Hechuan Technology Co., Ltd. to Report Q1, 2025 Results on Apr 26, 2025Zhejiang Hechuan Technology Co., Ltd. announced that they will report Q1, 2025 results on Apr 26, 2025分析記事 • Mar 26The Price Is Right For Zhejiang Hechuan Technology Co., Ltd. (SHSE:688320) Even After Diving 25%Zhejiang Hechuan Technology Co., Ltd. ( SHSE:688320 ) shareholders won't be pleased to see that the share price has had...Price Target Changed • Mar 13Price target increased by 7.6% to CN¥19.85Up from CN¥18.45, the current price target is an average from 2 analysts. New target price is 56% below last closing price of CN¥44.66. Stock is up 38% over the past year. The company is forecast to post earnings per share of CN¥0.49 next year compared to a net loss per share of CN¥1.05 last year.Reported Earnings • Mar 02Full year 2024 earnings: EPS and revenues miss analyst expectationsFull year 2024 results: CN¥1.05 loss per share (down from CN¥0.35 profit in FY 2023). Revenue: CN¥815.1m (down 27% from FY 2023). Net loss: CN¥157.2m (down 394% from profit in FY 2023). Revenue missed analyst estimates by 2.8%. Earnings per share (EPS) also missed analyst estimates by 98%. Revenue is forecast to grow 23% p.a. on average during the next 2 years, compared to a 18% growth forecast for the Electronic industry in China.分析記事 • Feb 05Zhejiang Hechuan Technology Co., Ltd.'s (SHSE:688320) 29% Share Price Surge Not Quite Adding UpZhejiang Hechuan Technology Co., Ltd. ( SHSE:688320 ) shares have continued their recent momentum with a 29% gain in...お知らせ • Dec 27Zhejiang Hechuan Technology Co., Ltd. to Report Fiscal Year 2024 Results on Apr 26, 2025Zhejiang Hechuan Technology Co., Ltd. announced that they will report fiscal year 2024 results on Apr 26, 2025分析記事 • Nov 13Zhejiang Hechuan Technology Co., Ltd. (SHSE:688320) Stock Rockets 28% As Investors Are Less Pessimistic Than ExpectedZhejiang Hechuan Technology Co., Ltd. ( SHSE:688320 ) shares have continued their recent momentum with a 28% gain in...Reported Earnings • Oct 30Third quarter 2024 earnings released: CN¥0.34 loss per share (vs CN¥0.089 profit in 3Q 2023)Third quarter 2024 results: CN¥0.34 loss per share (down from CN¥0.089 profit in 3Q 2023). Revenue: CN¥160.7m (down 43% from 3Q 2023). Net loss: CN¥51.4m (down 492% from profit in 3Q 2023). Revenue is forecast to grow 20% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Electronic industry in China.お知らせ • Sep 30Zhejiang Hechuan Technology Co., Ltd. to Report Q3, 2024 Results on Oct 30, 2024Zhejiang Hechuan Technology Co., Ltd. announced that they will report Q3, 2024 results on Oct 30, 2024Major Estimate Revision • Aug 30Consensus EPS estimates increase by 14%, revenue downgradedThe consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast fell from CN¥1.15b to CN¥1.06b. EPS estimate rose from CN¥0.175 to CN¥0.20. Net income forecast to grow 158% next year vs 54% growth forecast for Electronic industry in China. Consensus price target down from CN¥22.15 to CN¥20.15. Share price rose 12% to CN¥24.28 over the past week.分析記事 • Aug 22Is Zhejiang Hechuan Technology (SHSE:688320) A Risky Investment?Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...New Risk • Aug 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 7.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks 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 (1.6% net profit margin).Major Estimate Revision • Jul 23Consensus EPS estimates fall by 58%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from CN¥1.20b to CN¥1.15b. EPS estimate also fell from CN¥0.42 per share to CN¥0.175 per share. Net income forecast to grow 139% next year vs 56% growth forecast for Electronic industry in China. Consensus price target down from CN¥23.10 to CN¥22.15. Share price fell 8.7% to CN¥21.08 over the past week.お知らせ • Jun 29Zhejiang Hechuan Technology Co., Ltd. to Report First Half, 2024 Results on Aug 28, 2024Zhejiang Hechuan Technology Co., Ltd. announced that they will report first half, 2024 results on Aug 28, 2024分析記事 • May 06Zhejiang Hechuan Technology's (SHSE:688320) Problems Go Beyond Weak ProfitDespite Zhejiang Hechuan Technology Co., Ltd.'s ( SHSE:688320 ) recent earnings report having lackluster headline...Major Estimate Revision • May 02Consensus revenue estimates fall by 23%The consensus outlook for revenues in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from CN¥1.56b to CN¥1.20b. EPS estimate fell from CN¥0.73 to CN¥0.45 per share. Net income forecast to grow 417% next year vs 61% growth forecast for Electronic industry in China. Consensus price target down from CN¥34.60 to CN¥25.60. Share price rose 4.7% to CN¥27.38 over the past week.分析記事 • Apr 30Analysts Just Slashed Their Zhejiang Hechuan Technology Co., Ltd. (SHSE:688320) EPS NumbersToday is shaping up negative for Zhejiang Hechuan Technology Co., Ltd. ( SHSE:688320 ) shareholders, with the analysts...Price Target Changed • Apr 30Price target decreased by 26% to CN¥25.60Down from CN¥34.60, the current price target is an average from 2 analysts. New target price is 6.5% below last closing price of CN¥27.38. Stock is down 25% over the past year. The company is forecast to post earnings per share of CN¥0.45 for next year compared to CN¥0.35 last year.Reported Earnings • Apr 27First quarter 2024 earnings: EPS and revenues miss analyst expectationsFirst quarter 2024 results: CN¥0.10 loss per share (down from CN¥0.14 profit in 1Q 2023). Revenue: CN¥205.3m (down 26% from 1Q 2023). Net loss: CN¥15.0m (down 170% from profit in 1Q 2023). Revenue missed analyst estimates by 19%. Earnings per share (EPS) were also behind analyst expectations. Revenue is forecast to grow 38% p.a. on average during the next 2 years, compared to a 17% growth forecast for the Electronic industry in China.お知らせ • Apr 27Zhejiang Hechuan Technology Co., Ltd., Annual General Meeting, May 16, 2024Zhejiang Hechuan Technology Co., Ltd., Annual General Meeting, May 16, 2024, at 14:00 China Standard Time. Location: The Company's Meeting Room, Longyou County, Zhejiang China分析記事 • Apr 17Zhejiang Hechuan Technology Co., Ltd.'s (SHSE:688320) 28% Cheaper Price Remains In Tune With EarningsThe Zhejiang Hechuan Technology Co., Ltd. ( SHSE:688320 ) share price has fared very poorly over the last month...お知らせ • Mar 29Zhejiang Hechuan Technology Co., Ltd. to Report Q1, 2024 Results on Apr 26, 2024Zhejiang Hechuan Technology Co., Ltd. announced that they will report Q1, 2024 results on Apr 26, 2024Valuation Update With 7 Day Price Move • Mar 27Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to CN¥28.18, the stock trades at a forward P/E ratio of 47x. Average forward P/E is 23x in the Electronic industry in China. Total loss to shareholders of 30% over the past year.分析記事 • Mar 25Here's Why Zhejiang Hechuan Technology (SHSE:688320) Has A Meaningful Debt BurdenSome say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...分析記事 • Mar 03Zhejiang Hechuan Technology Co., Ltd.'s (SHSE:688320) 25% Price Boost Is Out Of Tune With RevenuesThose holding Zhejiang Hechuan Technology Co., Ltd. ( SHSE:688320 ) shares would be relieved that the share price has...Major Estimate Revision • Mar 01Consensus revenue estimates fall by 21%The consensus outlook for revenues in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from CN¥1.60b to CN¥1.27b. EPS estimate fell from CN¥0.90 to CN¥0.60 per share. Net income forecast to grow 71% next year vs 57% growth forecast for Electronic industry in China. Consensus price target down from CN¥36.60 to CN¥34.60. Share price rose 6.8% to CN¥33.48 over the past week.お知らせ • Feb 28Zhejiang Hechuan Technology Co., Ltd. (SHSE:688320) announces an Equity Buyback for CNY 80 million worth of its shares.Zhejiang Hechuan Technology Co., Ltd. (SHSE:688320) announces a share repurchase program. Under the program, the company will repurchase up to CNY 80 million worth of its shares. The shares will be repurchased at a price not more than CNY 44.86 per share. The repurchased shares will be used for ESOP or equity incentives. The authorization will be valid for a period of 12 months.分析記事 • Feb 28Analysts Just Slashed Their Zhejiang Hechuan Technology Co., Ltd. (SHSE:688320) EPS NumbersThe analysts covering Zhejiang Hechuan Technology Co., Ltd. ( SHSE:688320 ) delivered a dose of negativity to...Reported Earnings • Feb 24Full year 2023 earnings: EPS and revenues miss analyst expectationsFull year 2023 results: EPS: CN¥0.35 (down from CN¥0.65 in FY 2022). Revenue: CN¥1.13b (up 19% from FY 2022). Net income: CN¥53.3m (down 41% from FY 2022). Profit margin: 4.7% (down from 9.6% in FY 2022). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 6.4%. Earnings per share (EPS) also missed analyst estimates by 42%. Revenue is forecast to grow 28% p.a. on average during the next 2 years, compared to a 19% growth forecast for the Electronic industry in China.Valuation Update With 7 Day Price Move • Feb 23Investor sentiment improves as stock rises 15%After last week's 15% share price gain to CN¥31.35, the stock trades at a forward P/E ratio of 38x. Average forward P/E is 20x in the Electronic industry in China. Total loss to shareholders of 32% over the past year.Valuation Update With 7 Day Price Move • Feb 01Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to CN¥26.76, the stock trades at a forward P/E ratio of 32x. Average forward P/E is 17x in the Electronic industry in China. Total loss to shareholders of 52% over the past year.Price Target Changed • Jan 10Price target decreased by 13% to CN¥36.60Down from CN¥42.20, the current price target is an average from 2 analysts. New target price is approximately in line with last closing price of CN¥35.28. Stock is down 29% over the past year. The company is forecast to post earnings per share of CN¥0.60 for next year compared to CN¥0.65 last year.Major Estimate Revision • Nov 03Consensus EPS estimates fall by 23%, revenue upgradedThe consensus outlook for fiscal year 2023 has been updated. 2023 revenue forecast increased from CN¥1.22b to CN¥1.23b. EPS estimate fell from CN¥0.77 to CN¥0.59 per share. Net income forecast to grow 115% next year vs 74% growth forecast for Electronic industry in China. Consensus price target of CN¥43.10 unchanged from last update. Share price rose 10% to CN¥42.60 over the past week.Reported Earnings • Nov 01Third quarter 2023 earnings: EPS and revenues miss analyst expectationsThird quarter 2023 results: EPS: CN¥0.089 (down from CN¥0.22 in 3Q 2022). Revenue: CN¥283.4m (up 21% from 3Q 2022). Net income: CN¥13.1m (down 61% from 3Q 2022). Profit margin: 4.6% (down from 14% in 3Q 2022). Revenue missed analyst estimates by 5.0%. Earnings per share (EPS) also missed analyst estimates by 53%. Revenue is forecast to grow 19% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Electronic industry in China.Valuation Update With 7 Day Price Move • Oct 30Investor sentiment improves as stock rises 17%After last week's 17% share price gain to CN¥38.66, the stock trades at a forward P/E ratio of 40x. Average forward P/E is 20x in the Electronic industry in China. Total loss to shareholders of 38% over the past year.Valuation Update With 7 Day Price Move • Sep 25Investor sentiment improves as stock rises 24%After last week's 24% share price gain to CN¥42.35, the stock trades at a forward P/E ratio of 44x. Average forward P/E is 21x in the Electronic industry in China. Total loss to shareholders of 17% over the past year.Major Estimate Revision • Sep 07Consensus revenue estimates fall by 11%The consensus outlook for revenues in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from CN¥1.37b to CN¥1.22b. EPS estimate fell from CN¥1.13 to CN¥0.77 per share. Net income forecast to grow 75% next year vs 62% growth forecast for Electronic industry in China. Consensus price target broadly unchanged at CN¥43.10. Share price fell 7.8% to CN¥34.80 over the past week.Reported Earnings • Sep 01Second quarter 2023 earnings: EPS and revenues miss analyst expectationsSecond quarter 2023 results: EPS: CN¥0.19 (down from CN¥0.27 in 2Q 2022). Revenue: CN¥326.2m (up 18% from 2Q 2022). Net income: CN¥28.5m (down 23% from 2Q 2022). Profit margin: 8.7% (down from 13% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 16%. Earnings per share (EPS) also missed analyst estimates by 42%. Revenue is forecast to grow 26% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Electronic industry in China.お知らせ • Jun 28Zhejiang Hechuan Technology Co., Ltd. to Report First Half, 2023 Results on Aug 30, 2023Zhejiang Hechuan Technology Co., Ltd. announced that they will report first half, 2023 results on Aug 30, 2023New Risk • Jun 25New major risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 9.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (56% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (9.0% average weekly change). Profit margins are more than 30% lower than last year (8.9% net profit margin).Valuation Update With 7 Day Price Move • Jun 15Investor sentiment improves as stock rises 18%After last week's 18% share price gain to CN¥40.66, the stock trades at a forward P/E ratio of 31x. Average forward P/E is 24x in the Electronic industry in China. Total returns to shareholders of 11% over the past year.Valuation Update With 7 Day Price Move • May 19Investor sentiment improves as stock rises 21%After last week's 21% share price gain to CN¥38.55, the stock trades at a forward P/E ratio of 30x. Average forward P/E is 23x in the Electronic industry in China. Total returns to shareholders of 100% over the past year.Price Target Changed • May 05Price target decreased by 15% to CN¥51.42Down from CN¥60.15, the current price target is an average from 3 analysts. New target price is 52% above last closing price of CN¥33.81. Stock is up 80% over the past year. The company is forecast to post earnings per share of CN¥0.99 for next year compared to CN¥0.68 last year.Reported Earnings • Apr 29First quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behindFirst quarter 2023 results: EPS: CN¥0.14 (down from CN¥0.23 in 1Q 2022). Revenue: CN¥275.5m (up 18% from 1Q 2022). Net income: CN¥21.5m (down 24% from 1Q 2022). Profit margin: 7.8% (down from 12% in 1Q 2022). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 14%. Earnings per share (EPS) missed analyst estimates by 44%. Revenue is forecast to grow 37% p.a. on average during the next 2 years, compared to a 17% growth forecast for the Electronic industry in China.Valuation Update With 7 Day Price Move • Apr 25Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to CN¥32.18, the stock trades at a forward P/E ratio of 26x. Average forward P/E is 24x in the Electronic industry in China.Reported Earnings • Mar 01Full year 2022 earnings released: EPS: CN¥0.68 (vs CN¥0.97 in FY 2021)Full year 2022 results: EPS: CN¥0.68 (down from CN¥0.97 in FY 2021). Revenue: CN¥951.9m (up 27% from FY 2021). Net income: CN¥94.2m (down 14% from FY 2021). Profit margin: 9.9% (down from 15% in FY 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 35% p.a. on average during the next 2 years, compared to a 20% growth forecast for the Electronic industry in China.Valuation Update With 7 Day Price Move • Feb 20Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to CN¥47.76, the stock trades at a forward P/E ratio of 32x. Average forward P/E is 25x in the Electronic industry in China.Valuation Update With 7 Day Price Move • Jan 06Investor sentiment improved over the past weekAfter last week's 15% share price gain to CN¥53.99, the stock trades at a forward P/E ratio of 36x. Average forward P/E is 22x in the Electronic industry in China.Valuation Update With 7 Day Price Move • Nov 30Investor sentiment deteriorated over the past weekAfter last week's 19% share price decline to CN¥47.80, the stock trades at a forward P/E ratio of 32x. Average forward P/E is 21x in the Electronic industry in China.Board Change • Nov 16No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. No highly experienced directors. No independent directors (3 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.Reported Earnings • Oct 31Third quarter 2022 earnings releasedThird quarter 2022 results: EPS: CN¥0.22. Net income: CN¥33.2m (up CN¥33.2m from 3Q 2021). Revenue is forecast to grow 37% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Electronic industry in China.Valuation Update With 7 Day Price Move • Oct 17Investor sentiment improved over the past weekAfter last week's 21% share price gain to CN¥50.22, the stock trades at a forward P/E ratio of 36x. Average forward P/E is 20x in the Electronic industry in China.Valuation Update With 7 Day Price Move • Aug 24Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to CN¥56.66, the stock trades at a forward P/E ratio of 54x. Average forward P/E is 24x in the Electronic industry in China.Valuation Update With 7 Day Price Move • Jul 19Investor sentiment improved over the past weekAfter last week's 17% share price gain to CN¥51.52, the stock trades at a trailing P/E ratio of 70.7x. Average trailing P/E is 34x in the Electronic industry in China.Valuation Update With 7 Day Price Move • Jun 27Investor sentiment improved over the past weekAfter last week's 19% share price gain to CN¥45.43, the stock trades at a trailing P/E ratio of 62.4x. Average trailing P/E is 36x in the Electronic industry in China.Valuation Update With 7 Day Price Move • Jun 01Investor sentiment improved over the past weekAfter last week's 30% share price gain to CN¥24.08, the stock trades at a trailing P/E ratio of 33.1x. Average trailing P/E is 32x in the Electronic industry in China. このセクションでは通常、投資家が会社の利益創出能力を理解する一助となるよう、プロのアナリストのコンセンサス予想に基づく収益と利益の成長予測を提示する。しかし、Zhejiang Hechuan Technology は十分な過去のデータを提供しておらず、アナリストの予測もないため、過去のデータを外挿したり、アナリストの予測を使用しても、その将来の収益を確実に算出することはできません。 シンプリー・ウォール・ストリートがカバーする企業の97%は過去の財務データを持っているため、これはかなり稀な状況です。 業績と収益の成長予測SHSE:688320 - アナリストの将来予測と過去の財務データ ( )CNY Millions日付収益収益フリー・キャッシュフロー営業活動によるキャッシュ平均アナリスト数3/31/20261,060-1091150N/A12/31/20251,017-130-307N/A9/30/2025900-176-3611N/A6/30/2025836-174-3625N/A3/31/2025835-177-77-53N/A12/31/2024811-165-168-72N/A9/30/2024875-90-159-45N/A6/30/2024998-26-217-48N/A3/31/20241,04617-242-8N/A12/31/20231,11654-281-47N/A9/30/20231,12864-355-89N/A6/30/20231,07984-455-194N/A3/31/20231,02992-572-271N/A12/31/202294490-487-244N/A9/30/2022909111-382-198N/A6/30/2022849112-202-72N/A3/31/2022758102-98-43N/A12/31/2021751110-2814N/A12/31/2020544107-2547N/A12/31/201931348N/A21N/A12/31/201828350N/A21N/Aもっと見るアナリストによる今後の成長予測収入対貯蓄率: 688320の予測収益成長が 貯蓄率 ( 2.4% ) を上回っているかどうかを判断するにはデータが不十分です。収益対市場: 688320の収益がCN市場よりも速く成長すると予測されるかどうかを判断するにはデータが不十分です高成長収益: 688320の収益が今後 3 年間で 大幅に 増加すると予想されるかどうかを判断するにはデータが不十分です。収益対市場: 688320の収益がCN市場よりも速く成長すると予測されるかどうかを判断するにはデータが不十分です。高い収益成長: 688320の収益が年間20%よりも速く成長すると予測されるかどうかを判断するにはデータが不十分です。一株当たり利益成長率予想将来の株主資本利益率将来のROE: 688320の 自己資本利益率 が 3 年後に高くなると予測されるかどうかを判断するにはデータが不十分です成長企業の発掘7D1Y7D1Y7D1YTech 業界の高成長企業。View Past Performance企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/06/14 13:52終値2026/06/12 00:00収益2026/03/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Zhejiang Hechuan 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Peng JiangChina International Capital Corporation Limited
Price Target Changed • Jan 08Price target increased by 18% to CN¥23.00Up from CN¥19.50, the current price target is provided by 1 analyst. New target price is 37% below last closing price of CN¥36.58. Stock is down 14% over the past year. The company is forecast to post earnings per share of CN¥0.54 next year compared to a net loss per share of CN¥1.10 last year.
Price Target Changed • Oct 04Price target increased by 12% to CN¥19.50Up from CN¥17.40, the current price target is provided by 1 analyst. New target price is 59% below last closing price of CN¥46.99. Stock is up 52% over the past year. The company is forecast to post a net loss per share of CN¥0.20 next year compared to a net loss per share of CN¥1.10 last year.
Price Target Changed • May 14Price target increased by 10% to CN¥18.40Up from CN¥16.70, the current price target is provided by 1 analyst. New target price is 60% below last closing price of CN¥46.14. Stock is up 79% over the past year. The company is forecast to post earnings per share of CN¥0.47 next year compared to a net loss per share of CN¥1.10 last year.
Price Target Changed • Mar 13Price target increased by 7.6% to CN¥19.85Up from CN¥18.45, the current price target is an average from 2 analysts. New target price is 56% below last closing price of CN¥44.66. Stock is up 38% over the past year. The company is forecast to post earnings per share of CN¥0.49 next year compared to a net loss per share of CN¥1.05 last year.
Major Estimate Revision • Aug 30Consensus EPS estimates increase by 14%, revenue downgradedThe consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast fell from CN¥1.15b to CN¥1.06b. EPS estimate rose from CN¥0.175 to CN¥0.20. Net income forecast to grow 158% next year vs 54% growth forecast for Electronic industry in China. Consensus price target down from CN¥22.15 to CN¥20.15. Share price rose 12% to CN¥24.28 over the past week.
Major Estimate Revision • Jul 23Consensus EPS estimates fall by 58%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from CN¥1.20b to CN¥1.15b. EPS estimate also fell from CN¥0.42 per share to CN¥0.175 per share. Net income forecast to grow 139% next year vs 56% growth forecast for Electronic industry in China. Consensus price target down from CN¥23.10 to CN¥22.15. Share price fell 8.7% to CN¥21.08 over the past week.
Reported Earnings • Apr 29Full year 2025 earnings released: CN¥0.88 loss per share (vs CN¥1.10 loss in FY 2024)Full year 2025 results: CN¥0.88 loss per share (improved from CN¥1.10 loss in FY 2024). Revenue: CN¥1.02b (up 26% from FY 2024). Net loss: CN¥130.0m (loss narrowed 21% from FY 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 104 percentage points per year, which is a significant difference in performance.
お知らせ • Apr 29Zhejiang Hechuan Technology Co., Ltd., Annual General Meeting, May 19, 2026Zhejiang Hechuan Technology Co., Ltd., Annual General Meeting, May 19, 2026, at 14:00 China Standard Time. Location: No. 5, Qinshan Road, Chengbei Industrial Park, Longyou County, Quzhou, Zhejiang China
お知らせ • Apr 13Zhejiang Hechuan Technology Co., Ltd. (SHSE:688320) announces an Equity Buyback for CNY 40 million worth of its shares.Zhejiang Hechuan Technology Co., Ltd. (SHSE:688320) announces a share repurchase program. Under the program, the company will repurchase up to CNY 40 million worth of its shares. The shares will be repurchased at a price not more than CNY 48.11 per share. The repurchased shares will be used for ESOP or equity incentives. If the company fails to use the repurchased shares for the said purpose within 3 years after the completion of the program, the unused shares will be cancelled. The source of funds for this share repurchase is the company's own funds and Special Repurchase Loans. The authorization will be valid for a period of 12 months.
お知らせ • Mar 30Zhejiang Hechuan Technology Co., Ltd. to Report Q1, 2026 Results on Apr 29, 2026Zhejiang Hechuan Technology Co., Ltd. announced that they will report Q1, 2026 results on Apr 29, 2026
Price Target Changed • Jan 08Price target increased by 18% to CN¥23.00Up from CN¥19.50, the current price target is provided by 1 analyst. New target price is 37% below last closing price of CN¥36.58. Stock is down 14% over the past year. The company is forecast to post earnings per share of CN¥0.54 next year compared to a net loss per share of CN¥1.10 last year.
New Risk • Jan 08New major risk - Revenue and earnings growthEarnings have declined by 75% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. This is currently the only risk that has been identified for the company.
お知らせ • Dec 26Zhejiang Hechuan Technology Co., Ltd. to Report Fiscal Year 2025 Results on Apr 29, 2026Zhejiang Hechuan Technology Co., Ltd. announced that they will report fiscal year 2025 results on Apr 29, 2026
Price Target Changed • Oct 04Price target increased by 12% to CN¥19.50Up from CN¥17.40, the current price target is provided by 1 analyst. New target price is 59% below last closing price of CN¥46.99. Stock is up 52% over the past year. The company is forecast to post a net loss per share of CN¥0.20 next year compared to a net loss per share of CN¥1.10 last year.
お知らせ • Sep 30Zhejiang Hechuan Technology Co., Ltd. to Report Q3, 2025 Results on Oct 30, 2025Zhejiang Hechuan Technology Co., Ltd. announced that they will report Q3, 2025 results on Oct 30, 2025
お知らせ • Jun 30Zhejiang Hechuan Technology Co., Ltd. to Report First Half, 2025 Results on Aug 28, 2025Zhejiang Hechuan Technology Co., Ltd. announced that they will report first half, 2025 results on Aug 28, 2025
Price Target Changed • May 14Price target increased by 10% to CN¥18.40Up from CN¥16.70, the current price target is provided by 1 analyst. New target price is 60% below last closing price of CN¥46.14. Stock is up 79% over the past year. The company is forecast to post earnings per share of CN¥0.47 next year compared to a net loss per share of CN¥1.10 last year.
Reported Earnings • Apr 28First quarter 2025 earnings: Revenues exceed analysts expectations while EPS lags behindFirst quarter 2025 results: CN¥0.19 loss per share (further deteriorated from CN¥0.10 loss in 1Q 2024). Revenue: CN¥229.5m (up 12% from 1Q 2024). Net loss: CN¥26.9m (loss widened 80% from 1Q 2024). Revenue exceeded analyst estimates by 2.2%. Earnings per share (EPS) missed analyst estimates. Revenue is forecast to grow 24% 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, the company's share price growth rate has exceeded its earnings growth rate by 138 percentage points per year, which is a significant difference in performance.
New Risk • Apr 27New major risk - Revenue and earnings growthEarnings have declined by 69% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (11% average weekly change). Earnings have declined by 69% per year over the past 5 years.
お知らせ • Apr 26Zhejiang Hechuan Technology Co., Ltd., Annual General Meeting, May 16, 2025Zhejiang Hechuan Technology Co., Ltd., Annual General Meeting, May 16, 2025, at 14:00 China Standard Time. Location: No. 5, Qinshan Road, Chengbei Industrial Park, Longyou County, Quzhou, Zhejiang China
お知らせ • Mar 28Zhejiang Hechuan Technology Co., Ltd. to Report Q1, 2025 Results on Apr 26, 2025Zhejiang Hechuan Technology Co., Ltd. announced that they will report Q1, 2025 results on Apr 26, 2025
分析記事 • Mar 26The Price Is Right For Zhejiang Hechuan Technology Co., Ltd. (SHSE:688320) Even After Diving 25%Zhejiang Hechuan Technology Co., Ltd. ( SHSE:688320 ) shareholders won't be pleased to see that the share price has had...
Price Target Changed • Mar 13Price target increased by 7.6% to CN¥19.85Up from CN¥18.45, the current price target is an average from 2 analysts. New target price is 56% below last closing price of CN¥44.66. Stock is up 38% over the past year. The company is forecast to post earnings per share of CN¥0.49 next year compared to a net loss per share of CN¥1.05 last year.
Reported Earnings • Mar 02Full year 2024 earnings: EPS and revenues miss analyst expectationsFull year 2024 results: CN¥1.05 loss per share (down from CN¥0.35 profit in FY 2023). Revenue: CN¥815.1m (down 27% from FY 2023). Net loss: CN¥157.2m (down 394% from profit in FY 2023). Revenue missed analyst estimates by 2.8%. Earnings per share (EPS) also missed analyst estimates by 98%. Revenue is forecast to grow 23% p.a. on average during the next 2 years, compared to a 18% growth forecast for the Electronic industry in China.
分析記事 • Feb 05Zhejiang Hechuan Technology Co., Ltd.'s (SHSE:688320) 29% Share Price Surge Not Quite Adding UpZhejiang Hechuan Technology Co., Ltd. ( SHSE:688320 ) shares have continued their recent momentum with a 29% gain in...
お知らせ • Dec 27Zhejiang Hechuan Technology Co., Ltd. to Report Fiscal Year 2024 Results on Apr 26, 2025Zhejiang Hechuan Technology Co., Ltd. announced that they will report fiscal year 2024 results on Apr 26, 2025
分析記事 • Nov 13Zhejiang Hechuan Technology Co., Ltd. (SHSE:688320) Stock Rockets 28% As Investors Are Less Pessimistic Than ExpectedZhejiang Hechuan Technology Co., Ltd. ( SHSE:688320 ) shares have continued their recent momentum with a 28% gain in...
Reported Earnings • Oct 30Third quarter 2024 earnings released: CN¥0.34 loss per share (vs CN¥0.089 profit in 3Q 2023)Third quarter 2024 results: CN¥0.34 loss per share (down from CN¥0.089 profit in 3Q 2023). Revenue: CN¥160.7m (down 43% from 3Q 2023). Net loss: CN¥51.4m (down 492% from profit in 3Q 2023). Revenue is forecast to grow 20% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Electronic industry in China.
お知らせ • Sep 30Zhejiang Hechuan Technology Co., Ltd. to Report Q3, 2024 Results on Oct 30, 2024Zhejiang Hechuan Technology Co., Ltd. announced that they will report Q3, 2024 results on Oct 30, 2024
Major Estimate Revision • Aug 30Consensus EPS estimates increase by 14%, revenue downgradedThe consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast fell from CN¥1.15b to CN¥1.06b. EPS estimate rose from CN¥0.175 to CN¥0.20. Net income forecast to grow 158% next year vs 54% growth forecast for Electronic industry in China. Consensus price target down from CN¥22.15 to CN¥20.15. Share price rose 12% to CN¥24.28 over the past week.
分析記事 • Aug 22Is Zhejiang Hechuan Technology (SHSE:688320) A Risky Investment?Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
New Risk • Aug 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 7.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks 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 (1.6% net profit margin).
Major Estimate Revision • Jul 23Consensus EPS estimates fall by 58%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from CN¥1.20b to CN¥1.15b. EPS estimate also fell from CN¥0.42 per share to CN¥0.175 per share. Net income forecast to grow 139% next year vs 56% growth forecast for Electronic industry in China. Consensus price target down from CN¥23.10 to CN¥22.15. Share price fell 8.7% to CN¥21.08 over the past week.
お知らせ • Jun 29Zhejiang Hechuan Technology Co., Ltd. to Report First Half, 2024 Results on Aug 28, 2024Zhejiang Hechuan Technology Co., Ltd. announced that they will report first half, 2024 results on Aug 28, 2024
分析記事 • May 06Zhejiang Hechuan Technology's (SHSE:688320) Problems Go Beyond Weak ProfitDespite Zhejiang Hechuan Technology Co., Ltd.'s ( SHSE:688320 ) recent earnings report having lackluster headline...
Major Estimate Revision • May 02Consensus revenue estimates fall by 23%The consensus outlook for revenues in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from CN¥1.56b to CN¥1.20b. EPS estimate fell from CN¥0.73 to CN¥0.45 per share. Net income forecast to grow 417% next year vs 61% growth forecast for Electronic industry in China. Consensus price target down from CN¥34.60 to CN¥25.60. Share price rose 4.7% to CN¥27.38 over the past week.
分析記事 • Apr 30Analysts Just Slashed Their Zhejiang Hechuan Technology Co., Ltd. (SHSE:688320) EPS NumbersToday is shaping up negative for Zhejiang Hechuan Technology Co., Ltd. ( SHSE:688320 ) shareholders, with the analysts...
Price Target Changed • Apr 30Price target decreased by 26% to CN¥25.60Down from CN¥34.60, the current price target is an average from 2 analysts. New target price is 6.5% below last closing price of CN¥27.38. Stock is down 25% over the past year. The company is forecast to post earnings per share of CN¥0.45 for next year compared to CN¥0.35 last year.
Reported Earnings • Apr 27First quarter 2024 earnings: EPS and revenues miss analyst expectationsFirst quarter 2024 results: CN¥0.10 loss per share (down from CN¥0.14 profit in 1Q 2023). Revenue: CN¥205.3m (down 26% from 1Q 2023). Net loss: CN¥15.0m (down 170% from profit in 1Q 2023). Revenue missed analyst estimates by 19%. Earnings per share (EPS) were also behind analyst expectations. Revenue is forecast to grow 38% p.a. on average during the next 2 years, compared to a 17% growth forecast for the Electronic industry in China.
お知らせ • Apr 27Zhejiang Hechuan Technology Co., Ltd., Annual General Meeting, May 16, 2024Zhejiang Hechuan Technology Co., Ltd., Annual General Meeting, May 16, 2024, at 14:00 China Standard Time. Location: The Company's Meeting Room, Longyou County, Zhejiang China
分析記事 • Apr 17Zhejiang Hechuan Technology Co., Ltd.'s (SHSE:688320) 28% Cheaper Price Remains In Tune With EarningsThe Zhejiang Hechuan Technology Co., Ltd. ( SHSE:688320 ) share price has fared very poorly over the last month...
お知らせ • Mar 29Zhejiang Hechuan Technology Co., Ltd. to Report Q1, 2024 Results on Apr 26, 2024Zhejiang Hechuan Technology Co., Ltd. announced that they will report Q1, 2024 results on Apr 26, 2024
Valuation Update With 7 Day Price Move • Mar 27Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to CN¥28.18, the stock trades at a forward P/E ratio of 47x. Average forward P/E is 23x in the Electronic industry in China. Total loss to shareholders of 30% over the past year.
分析記事 • Mar 25Here's Why Zhejiang Hechuan Technology (SHSE:688320) Has A Meaningful Debt BurdenSome say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
分析記事 • Mar 03Zhejiang Hechuan Technology Co., Ltd.'s (SHSE:688320) 25% Price Boost Is Out Of Tune With RevenuesThose holding Zhejiang Hechuan Technology Co., Ltd. ( SHSE:688320 ) shares would be relieved that the share price has...
Major Estimate Revision • Mar 01Consensus revenue estimates fall by 21%The consensus outlook for revenues in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from CN¥1.60b to CN¥1.27b. EPS estimate fell from CN¥0.90 to CN¥0.60 per share. Net income forecast to grow 71% next year vs 57% growth forecast for Electronic industry in China. Consensus price target down from CN¥36.60 to CN¥34.60. Share price rose 6.8% to CN¥33.48 over the past week.
お知らせ • Feb 28Zhejiang Hechuan Technology Co., Ltd. (SHSE:688320) announces an Equity Buyback for CNY 80 million worth of its shares.Zhejiang Hechuan Technology Co., Ltd. (SHSE:688320) announces a share repurchase program. Under the program, the company will repurchase up to CNY 80 million worth of its shares. The shares will be repurchased at a price not more than CNY 44.86 per share. The repurchased shares will be used for ESOP or equity incentives. The authorization will be valid for a period of 12 months.
分析記事 • Feb 28Analysts Just Slashed Their Zhejiang Hechuan Technology Co., Ltd. (SHSE:688320) EPS NumbersThe analysts covering Zhejiang Hechuan Technology Co., Ltd. ( SHSE:688320 ) delivered a dose of negativity to...
Reported Earnings • Feb 24Full year 2023 earnings: EPS and revenues miss analyst expectationsFull year 2023 results: EPS: CN¥0.35 (down from CN¥0.65 in FY 2022). Revenue: CN¥1.13b (up 19% from FY 2022). Net income: CN¥53.3m (down 41% from FY 2022). Profit margin: 4.7% (down from 9.6% in FY 2022). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 6.4%. Earnings per share (EPS) also missed analyst estimates by 42%. Revenue is forecast to grow 28% p.a. on average during the next 2 years, compared to a 19% growth forecast for the Electronic industry in China.
Valuation Update With 7 Day Price Move • Feb 23Investor sentiment improves as stock rises 15%After last week's 15% share price gain to CN¥31.35, the stock trades at a forward P/E ratio of 38x. Average forward P/E is 20x in the Electronic industry in China. Total loss to shareholders of 32% over the past year.
Valuation Update With 7 Day Price Move • Feb 01Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to CN¥26.76, the stock trades at a forward P/E ratio of 32x. Average forward P/E is 17x in the Electronic industry in China. Total loss to shareholders of 52% over the past year.
Price Target Changed • Jan 10Price target decreased by 13% to CN¥36.60Down from CN¥42.20, the current price target is an average from 2 analysts. New target price is approximately in line with last closing price of CN¥35.28. Stock is down 29% over the past year. The company is forecast to post earnings per share of CN¥0.60 for next year compared to CN¥0.65 last year.
Major Estimate Revision • Nov 03Consensus EPS estimates fall by 23%, revenue upgradedThe consensus outlook for fiscal year 2023 has been updated. 2023 revenue forecast increased from CN¥1.22b to CN¥1.23b. EPS estimate fell from CN¥0.77 to CN¥0.59 per share. Net income forecast to grow 115% next year vs 74% growth forecast for Electronic industry in China. Consensus price target of CN¥43.10 unchanged from last update. Share price rose 10% to CN¥42.60 over the past week.
Reported Earnings • Nov 01Third quarter 2023 earnings: EPS and revenues miss analyst expectationsThird quarter 2023 results: EPS: CN¥0.089 (down from CN¥0.22 in 3Q 2022). Revenue: CN¥283.4m (up 21% from 3Q 2022). Net income: CN¥13.1m (down 61% from 3Q 2022). Profit margin: 4.6% (down from 14% in 3Q 2022). Revenue missed analyst estimates by 5.0%. Earnings per share (EPS) also missed analyst estimates by 53%. Revenue is forecast to grow 19% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Electronic industry in China.
Valuation Update With 7 Day Price Move • Oct 30Investor sentiment improves as stock rises 17%After last week's 17% share price gain to CN¥38.66, the stock trades at a forward P/E ratio of 40x. Average forward P/E is 20x in the Electronic industry in China. Total loss to shareholders of 38% over the past year.
Valuation Update With 7 Day Price Move • Sep 25Investor sentiment improves as stock rises 24%After last week's 24% share price gain to CN¥42.35, the stock trades at a forward P/E ratio of 44x. Average forward P/E is 21x in the Electronic industry in China. Total loss to shareholders of 17% over the past year.
Major Estimate Revision • Sep 07Consensus revenue estimates fall by 11%The consensus outlook for revenues in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from CN¥1.37b to CN¥1.22b. EPS estimate fell from CN¥1.13 to CN¥0.77 per share. Net income forecast to grow 75% next year vs 62% growth forecast for Electronic industry in China. Consensus price target broadly unchanged at CN¥43.10. Share price fell 7.8% to CN¥34.80 over the past week.
Reported Earnings • Sep 01Second quarter 2023 earnings: EPS and revenues miss analyst expectationsSecond quarter 2023 results: EPS: CN¥0.19 (down from CN¥0.27 in 2Q 2022). Revenue: CN¥326.2m (up 18% from 2Q 2022). Net income: CN¥28.5m (down 23% from 2Q 2022). Profit margin: 8.7% (down from 13% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 16%. Earnings per share (EPS) also missed analyst estimates by 42%. Revenue is forecast to grow 26% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Electronic industry in China.
お知らせ • Jun 28Zhejiang Hechuan Technology Co., Ltd. to Report First Half, 2023 Results on Aug 30, 2023Zhejiang Hechuan Technology Co., Ltd. announced that they will report first half, 2023 results on Aug 30, 2023
New Risk • Jun 25New major risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 9.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (56% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (9.0% average weekly change). Profit margins are more than 30% lower than last year (8.9% net profit margin).
Valuation Update With 7 Day Price Move • Jun 15Investor sentiment improves as stock rises 18%After last week's 18% share price gain to CN¥40.66, the stock trades at a forward P/E ratio of 31x. Average forward P/E is 24x in the Electronic industry in China. Total returns to shareholders of 11% over the past year.
Valuation Update With 7 Day Price Move • May 19Investor sentiment improves as stock rises 21%After last week's 21% share price gain to CN¥38.55, the stock trades at a forward P/E ratio of 30x. Average forward P/E is 23x in the Electronic industry in China. Total returns to shareholders of 100% over the past year.
Price Target Changed • May 05Price target decreased by 15% to CN¥51.42Down from CN¥60.15, the current price target is an average from 3 analysts. New target price is 52% above last closing price of CN¥33.81. Stock is up 80% over the past year. The company is forecast to post earnings per share of CN¥0.99 for next year compared to CN¥0.68 last year.
Reported Earnings • Apr 29First quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behindFirst quarter 2023 results: EPS: CN¥0.14 (down from CN¥0.23 in 1Q 2022). Revenue: CN¥275.5m (up 18% from 1Q 2022). Net income: CN¥21.5m (down 24% from 1Q 2022). Profit margin: 7.8% (down from 12% in 1Q 2022). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 14%. Earnings per share (EPS) missed analyst estimates by 44%. Revenue is forecast to grow 37% p.a. on average during the next 2 years, compared to a 17% growth forecast for the Electronic industry in China.
Valuation Update With 7 Day Price Move • Apr 25Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to CN¥32.18, the stock trades at a forward P/E ratio of 26x. Average forward P/E is 24x in the Electronic industry in China.
Reported Earnings • Mar 01Full year 2022 earnings released: EPS: CN¥0.68 (vs CN¥0.97 in FY 2021)Full year 2022 results: EPS: CN¥0.68 (down from CN¥0.97 in FY 2021). Revenue: CN¥951.9m (up 27% from FY 2021). Net income: CN¥94.2m (down 14% from FY 2021). Profit margin: 9.9% (down from 15% in FY 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 35% p.a. on average during the next 2 years, compared to a 20% growth forecast for the Electronic industry in China.
Valuation Update With 7 Day Price Move • Feb 20Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to CN¥47.76, the stock trades at a forward P/E ratio of 32x. Average forward P/E is 25x in the Electronic industry in China.
Valuation Update With 7 Day Price Move • Jan 06Investor sentiment improved over the past weekAfter last week's 15% share price gain to CN¥53.99, the stock trades at a forward P/E ratio of 36x. Average forward P/E is 22x in the Electronic industry in China.
Valuation Update With 7 Day Price Move • Nov 30Investor sentiment deteriorated over the past weekAfter last week's 19% share price decline to CN¥47.80, the stock trades at a forward P/E ratio of 32x. Average forward P/E is 21x in the Electronic industry in China.
Board Change • Nov 16No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. No highly experienced directors. No independent directors (3 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.
Reported Earnings • Oct 31Third quarter 2022 earnings releasedThird quarter 2022 results: EPS: CN¥0.22. Net income: CN¥33.2m (up CN¥33.2m from 3Q 2021). Revenue is forecast to grow 37% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Electronic industry in China.
Valuation Update With 7 Day Price Move • Oct 17Investor sentiment improved over the past weekAfter last week's 21% share price gain to CN¥50.22, the stock trades at a forward P/E ratio of 36x. Average forward P/E is 20x in the Electronic industry in China.
Valuation Update With 7 Day Price Move • Aug 24Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to CN¥56.66, the stock trades at a forward P/E ratio of 54x. Average forward P/E is 24x in the Electronic industry in China.
Valuation Update With 7 Day Price Move • Jul 19Investor sentiment improved over the past weekAfter last week's 17% share price gain to CN¥51.52, the stock trades at a trailing P/E ratio of 70.7x. Average trailing P/E is 34x in the Electronic industry in China.
Valuation Update With 7 Day Price Move • Jun 27Investor sentiment improved over the past weekAfter last week's 19% share price gain to CN¥45.43, the stock trades at a trailing P/E ratio of 62.4x. Average trailing P/E is 36x in the Electronic industry in China.
Valuation Update With 7 Day Price Move • Jun 01Investor sentiment improved over the past weekAfter last week's 30% share price gain to CN¥24.08, the stock trades at a trailing P/E ratio of 33.1x. Average trailing P/E is 32x in the Electronic industry in China.