View Financial HealthTPV Technology 配当と自社株買い配当金 基準チェック /06TPV Technology配当金を支払った記録がありません。主要情報n/a配当利回りn/aバイバック利回り総株主利回りn/a将来の配当利回りn/a配当成長n/a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n/a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 updatesReported Earnings • Apr 28Full year 2025 earnings released: CN¥0.17 loss per share (vs CN¥0.021 profit in FY 2024)Full year 2025 results: CN¥0.17 loss per share (down from CN¥0.021 profit in FY 2024). Revenue: CN¥54.3b (down 1.8% from FY 2024). Net loss: CN¥784.4m (down CN¥877.9m from profit in FY 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 98 percentage points per year, which is a significant difference in performance.お知らせ • Apr 28TPV Technology Co., Ltd., Annual General Meeting, May 22, 2026TPV Technology Co., Ltd., Annual General Meeting, May 22, 2026, at 14:00 China Standard Time. Location: The Company's Meeting Room, Nanjing, Jiangsu Chinaお知らせ • Mar 31TPV Technology Co., Ltd. to Report Q1, 2026 Results on Apr 28, 2026TPV Technology Co., Ltd. announced that they will report Q1, 2026 results on Apr 28, 2026Board Change • Feb 01High number of new directorsThere are 6 new directors who have joined the board in the last 3 years. Non-Independent Director Yan Zhang was the last director to join the board, commencing their role in 2026. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.お知らせ • Jan 30TPV Technology Co., Ltd. Announces Board Changes, Effective 28 January 2026TPV Technology Co., Ltd. at its Extraordinary General Meeting of 2026 held on 28 January 2026, approved nomination of Zhang Yan and Wang Qianjing as non-independent directors and vetoed Yang Guohong as non-independent director.お知らせ • Dec 31TPV Technology Co., Ltd. to Report Fiscal Year 2025 Results on Apr 28, 2026TPV Technology Co., Ltd. announced that they will report fiscal year 2025 results on Apr 28, 2026Board Change • Dec 13High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Employee Supervisor Meng Wen was the last director to join the board, commencing their role in 2024. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.Reported Earnings • Oct 29Third quarter 2025 earnings released: CN¥0.024 loss per share (vs CN¥0.006 profit in 3Q 2024)Third quarter 2025 results: CN¥0.024 loss per share (down from CN¥0.006 profit in 3Q 2024). Revenue: CN¥13.9b (down 2.2% from 3Q 2024). Net loss: CN¥109.4m (down CN¥136.0m from profit in 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 57% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings.お知らせ • Sep 30TPV Technology Co., Ltd. to Report Q3, 2025 Results on Oct 29, 2025TPV Technology Co., Ltd. announced that they will report Q3, 2025 results on Oct 29, 2025Reported Earnings • Aug 18Second quarter 2025 earnings released: CN¥0.071 loss per share (vs CN¥0.011 profit in 2Q 2024)Second quarter 2025 results: CN¥0.071 loss per share (down from CN¥0.011 profit in 2Q 2024). Revenue: CN¥12.7b (down 9.4% from 2Q 2024). Net loss: CN¥322.4m (down CN¥370.4m from profit in 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.お知らせ • Jul 02TPV Technology Co., Ltd. to Report First Half, 2025 Results on Aug 30, 2025TPV Technology Co., Ltd. announced that they will report first half, 2025 results on Aug 30, 2025New Risk • Apr 29New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 0.2% Last year net profit margin: 0.5% 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 Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.2% net profit margin).Reported Earnings • Apr 29Full year 2024 earnings released: EPS: CN¥0.021 (vs CN¥0.061 in FY 2023)Full year 2024 results: EPS: CN¥0.021 (down from CN¥0.061 in FY 2023). Revenue: CN¥55.2b (up 1.2% from FY 2023). Net income: CN¥93.5m (down 66% from FY 2023). Profit margin: 0.2% (down from 0.5% in FY 2023). Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.お知らせ • Apr 29TPV Technology Co., Ltd., Annual General Meeting, May 23, 2025TPV Technology Co., Ltd., Annual General Meeting, May 23, 2025, at 14:00 China Standard Time.Valuation Update With 7 Day Price Move • Apr 08Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to CN¥2.30, the stock trades at a trailing P/E ratio of 36.7x. Average trailing P/E is 57x in the Tech industry in China. Total loss to shareholders of 3.4% over the past three years.お知らせ • Mar 31TPV Technology Co., Ltd. to Report Q1, 2025 Results on Apr 29, 2025TPV Technology Co., Ltd. announced that they will report Q1, 2025 results on Apr 29, 2025分析記事 • Mar 05Does TPV Technology (SZSE:000727) Have A Healthy Balance Sheet?The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...New Risk • Jan 29New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 8.9% 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 (8.9% average weekly change). Large one-off items impacting financial results.分析記事 • Jan 10Risks Still Elevated At These Prices As TPV Technology Co., Ltd. (SZSE:000727) Shares Dive 28%TPV Technology Co., Ltd. ( SZSE:000727 ) shares have retraced a considerable 28% in the last month, reversing a fair...お知らせ • Dec 31TPV Technology Co., Ltd. to Report Fiscal Year 2024 Results on Apr 28, 2025TPV Technology Co., Ltd. announced that they will report fiscal year 2024 results on Apr 28, 2025Valuation Update With 7 Day Price Move • Dec 11Investor sentiment improves as stock rises 21%After last week's 21% share price gain to CN¥3.66, the stock trades at a trailing P/E ratio of 58.5x. Average trailing P/E is 59x in the Tech industry in China. Total returns to shareholders of 17% over the past three years.分析記事 • Nov 26Optimistic Investors Push TPV Technology Co., Ltd. (SZSE:000727) Shares Up 30% But Growth Is LackingTPV Technology Co., Ltd. ( SZSE:000727 ) shares have continued their recent momentum with a 30% gain in the last month...New Risk • Nov 09New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 26% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. This is currently the only risk that has been identified for the company.分析記事 • Nov 05We Think That There Are Some Issues For TPV Technology (SZSE:000727) Beyond Its Promising EarningsTPV Technology Co., Ltd. ( SZSE:000727 ) just released a solid earnings report, and the stock displayed some strength...Valuation Update With 7 Day Price Move • Nov 05Investor sentiment improves as stock rises 20%After last week's 20% share price gain to CN¥2.94, the stock trades at a trailing P/E ratio of 47x. Average trailing P/E is 50x in the Tech industry in China. Total returns to shareholders of 18% over the past three years.Reported Earnings • Oct 30Third quarter 2024 earnings released: EPS: CN¥0.006 (vs CN¥0.007 in 3Q 2023)Third quarter 2024 results: EPS: CN¥0.006 (down from CN¥0.007 in 3Q 2023). Revenue: CN¥14.3b (down 1.6% from 3Q 2023). Net income: CN¥26.6m (down 11% from 3Q 2023). Profit margin: 0.2% (in line with 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 58% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings.分析記事 • Oct 28We Think TPV Technology (SZSE:000727) Can Stay On Top Of Its DebtDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...分析記事 • Oct 01Some Confidence Is Lacking In TPV Technology Co., Ltd.'s (SZSE:000727) P/EWhen close to half the companies in China have price-to-earnings ratios (or "P/E's") below 33x, you may consider TPV...お知らせ • Sep 30TPV Technology Co., Ltd. to Report Q3, 2024 Results on Oct 31, 2024TPV Technology Co., Ltd. announced that they will report Q3, 2024 results on Oct 31, 2024Valuation Update With 7 Day Price Move • Sep 30Investor sentiment improves as stock rises 22%After last week's 22% share price gain to CN¥2.37, the stock trades at a trailing P/E ratio of 37.4x. Average trailing P/E is 35x in the Tech industry in China. Total loss to shareholders of 4.4% over the past three years.Reported Earnings • Aug 31Second quarter 2024 earnings released: EPS: CN¥0.011 (vs CN¥0.017 in 2Q 2023)Second quarter 2024 results: EPS: CN¥0.011 (down from CN¥0.017 in 2Q 2023). Revenue: CN¥14.0b (up 7.1% from 2Q 2023). Net income: CN¥48.0m (down 39% from 2Q 2023). Profit margin: 0.3% (down from 0.6% in 2Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 72 percentage points per year, which is a significant difference in performance.お知らせ • Jun 29TPV Technology Co., Ltd. to Report First Half, 2024 Results on Aug 30, 2024TPV Technology Co., Ltd. announced that they will report first half, 2024 results on Aug 30, 2024分析記事 • Jun 25Investors Aren't Buying TPV Technology Co., Ltd.'s (SZSE:000727) RevenuesYou may think that with a price-to-sales (or "P/S") ratio of 0.2x TPV Technology Co., Ltd. ( SZSE:000727 ) is...分析記事 • May 06TPV Technology (SZSE:000727) Is Posting Promising Earnings But The Good News Doesn’t Stop ThereThe market seemed underwhelmed by the solid earnings posted by TPV Technology Co., Ltd. ( SZSE:000727 ) recently. Our...お知らせ • May 01TPV Technology Co., Ltd., Annual General Meeting, May 24, 2024TPV Technology Co., Ltd., Annual General Meeting, May 24, 2024, at 14:00 China Standard Time. Location: The Company's Meeting Room, Nanjing, Jiangsu ChinaReported Earnings • Apr 30First quarter 2024 earnings released: EPS: CN¥0.001 (vs CN¥0.008 loss in 1Q 2023)First quarter 2024 results: EPS: CN¥0.001 (up from CN¥0.008 loss in 1Q 2023). Revenue: CN¥12.8b (up 6.9% from 1Q 2023). Net income: CN¥5.38m (up CN¥39.7m from 1Q 2023). Profit margin: 0% (up from net loss in 1Q 2023). The move to profitability was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 80 percentage points per year, which is a significant difference in performance.お知らせ • Mar 30TPV Technology Co., Ltd. to Report Q1, 2024 Results on Apr 30, 2024TPV Technology Co., Ltd. announced that they will report Q1, 2024 results on Apr 30, 2024Reported Earnings • Mar 12Full year 2023 earnings released: EPS: CN¥0.061 (vs CN¥0.019 in FY 2022)Full year 2023 results: EPS: CN¥0.061 (up from CN¥0.019 in FY 2022). Revenue: CN¥54.6b (down 12% from FY 2022). Net income: CN¥277.6m (up 220% from FY 2022). Profit margin: 0.5% (up from 0.1% in FY 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 77 percentage points per year, which is a significant difference in performance.分析記事 • Mar 02Is TPV Technology (SZSE:000727) A Risky Investment?Warren Buffett famously said, 'Volatility is far from synonymous with risk.' When we think about how risky a company...Valuation Update With 7 Day Price Move • Feb 12Investor sentiment improves as stock rises 15%After last week's 15% share price gain to CN¥2.35, the stock trades at a trailing P/E ratio of 37.3x. Average trailing P/E is 37x in the Tech industry in China. Total loss to shareholders of 4.5% over the past three years.お知らせ • Dec 29TPV Technology Co., Ltd. to Report Fiscal Year 2023 Results on Apr 30, 2024TPV Technology Co., Ltd. announced that they will report fiscal year 2023 results on Apr 30, 2024New Risk • Nov 06New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 29% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (9.1% average weekly change). Minor Risk Large one-off items impacting financial results.Reported Earnings • Nov 01Third quarter 2023 earnings released: EPS: CN¥0.007 (vs CN¥0.031 loss in 3Q 2022)Third quarter 2023 results: EPS: CN¥0.007 (up from CN¥0.031 loss in 3Q 2022). Revenue: CN¥14.5b (flat on 3Q 2022). Net income: CN¥29.9m (up CN¥166.8m from 3Q 2022). Profit margin: 0.2% (up from net loss in 3Q 2022). Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.New Risk • Oct 11New 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 6.0% 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. This is currently the only risk that has been identified for the company.お知らせ • Sep 29TPV Technology Co., Ltd. Approves Election of Song Shaowen as Non-Independent DirectorTPV Technology Co., Ltd. approved election of Song Shaowen as a non-independent director at the Extraordinary General Meeting held on 27 September 2023.Reported Earnings • Aug 31Second quarter 2023 earnings released: EPS: CN¥0.017 (vs CN¥0.023 loss in 2Q 2022)Second quarter 2023 results: EPS: CN¥0.017 (up from CN¥0.023 loss in 2Q 2022). Revenue: CN¥13.1b (down 14% from 2Q 2022). Net income: CN¥78.3m (up CN¥184.9m from 2Q 2022). Profit margin: 0.6% (up from net loss in 2Q 2022). Over the last 3 years on average, earnings per share has increased by 73% 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 • May 06TPV Technology Co., Ltd., Annual General Meeting, May 22, 2023TPV Technology Co., Ltd., Annual General Meeting, May 22, 2023, at 14:00 China Standard Time. Agenda: To consider 2022 work report of the board of directors; to 2022 work report of the supervisory committee; to 2022 annual accounts; to 2023 financial budget report; to 2022 profit distribution plan; to 2022 annual report and its summary; to Guarantee between controlled subsidiaries and their wholly-owned subsidiaries; to Launching foreign exchange derivatives transactions by subsidiaries; to 2023 estimated continuing connected transactions; and to consider other matter.Reported Earnings • Apr 29Full year 2022 earnings released: EPS: CN¥0.019 (vs CN¥0.12 in FY 2021)Full year 2022 results: EPS: CN¥0.019 (down from CN¥0.12 in FY 2021). Revenue: CN¥61.9b (down 12% from FY 2021). Net income: CN¥86.7m (down 84% from FY 2021). Profit margin: 0.1% (down from 0.8% in FY 2021). Over the last 3 years on average, earnings per share has increased by 102% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth.Board Change • Nov 16Less than half of directors are independentThere are 9 new directors who have joined the board in the last 3 years. Of these new board members, 5 were independent directors. The company's board is composed of: 9 new directors. 2 experienced directors. 1 highly experienced director. 5 independent directors (6 non-independent directors). Director Guofei Xu is the most experienced director on the board, commencing their role in 2014. Non-Independent Director Yingxin Sun was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors.Reported Earnings • Oct 31Third quarter 2022 earnings released: CN¥0.031 loss per share (vs CN¥0.011 profit in 3Q 2021)Third quarter 2022 results: CN¥0.031 loss per share (down from CN¥0.011 profit in 3Q 2021). Revenue: CN¥14.4b (down 19% from 3Q 2021). Net loss: CN¥136.8m (down 365% from profit in 3Q 2021). Over the last 3 years on average, earnings per share has increased by 90% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.お知らせ • Oct 25TPV Technology Co., Ltd. Announces Executive AppointmentsTPV Technology Co., Ltd. at the Extraordinary General Meeting held on 21 October 2022, approved election and nomination of non-independent directors: Sun Yingxin and Yang Lin; Election of Zhang Zhicheng as a supervisor.Valuation Update With 7 Day Price Move • Oct 21Investor sentiment improved over the past weekAfter last week's 20% share price gain to CN¥2.26, the stock trades at a trailing P/E ratio of 75.2x. Average trailing P/E is 37x in the Tech industry in China. Total returns to shareholders of 9.2% over the past three years.Reported Earnings • Aug 31Second quarter 2022 earnings released: CN¥0.023 loss per share (vs CN¥0.046 profit in 2Q 2021)Second quarter 2022 results: CN¥0.023 loss per share (down from CN¥0.046 profit in 2Q 2021). Revenue: CN¥15.1b (down 7.5% from 2Q 2021). Net loss: CN¥106.6m (down 151% from profit in 2Q 2021). Over the last 3 years on average, earnings per share has increased by 78% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.お知らせ • Jun 15TPV Technology Co., Ltd. (SZSE:000727) acquired Philips PDS North America.TPV Technology Co., Ltd. (SZSE:000727) acquired Philips PDS North America on June 13, 2022. PPDS US becomes wholly-owned subsidiary of TPV Group. US team will also receive support from PPDS’ newly announced global leadership team, consisting of Franck Racapé – Head of Global Commercial, Martijn Van der Woude – Head of Global Business Development and Marketing, and Robert Hsu – Head of Global Product Management. TPV Technology Co., Ltd. (SZSE:000727) completed the acquisition of Philips PDS North America on June 13, 2022.Board Change • Apr 27High number of new and inexperienced directorsThere are 8 new directors who have joined the board in the last 3 years. The company's board is composed of: 8 new directors. 4 experienced directors. No highly experienced directors. Non-Independent Director Zhaonian Yao is the most experienced director on the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.お知らせ • Apr 19TPV Technology Co., Ltd., Annual General Meeting, May 10, 2022TPV Technology Co., Ltd., Annual General Meeting, May 10, 2022, at 14:00 China Standard Time. Agenda: To consider 2021 work report of the board of directors; to consider 2021 work report of the supervisory committee; to consider 2021 annual accounts; to consider 2022 financial budget report; to consider 2021 profit distribution plan; to consider 2021 annual report and its summary; to consider nomination of directors; to consider guarantee between controlled subsidiaries and their wholly-owned subsidiaries; to consider launching foreign exchange derivatives transactions by subsidiaries; to consider launching accounts receivable factoring business by subsidiaries; and to consider implementing results of the commitments on assets purchase via major assets restructuring.Reported Earnings • Apr 17Full year 2021 earnings: EPS and revenues miss analyst expectationsFull year 2021 results: EPS: CN¥0.12 (down from CN¥0.17 in FY 2020). Revenue: CN¥70.6b (up 3.0% from FY 2020). Net income: CN¥532.2m (down 29% from FY 2020). Profit margin: 0.8% (down from 1.1% in FY 2020). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 20%. Earnings per share (EPS) also missed analyst estimates by 91%. Over the last 3 years on average, earnings per share has increased by 51% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.お知らせ • Mar 31TPV Technology Co., Ltd. to Report Fiscal Year 2021 Results on Apr 16, 2022TPV Technology Co., Ltd. announced that they will report fiscal year 2021 results on Apr 16, 2022Valuation Update With 7 Day Price Move • Dec 13Investor sentiment improved over the past weekAfter last week's 22% share price gain to CN¥3.22, the stock trades at a trailing P/E ratio of 8.4x. Average trailing P/E is 44x in the Tech industry in China. Total returns to shareholders of 113% over the past three years.Valuation Update With 7 Day Price Move • Nov 11Investor sentiment improved over the past weekAfter last week's 16% share price gain to CN¥2.90, the stock trades at a trailing P/E ratio of 7.6x. Average trailing P/E is 39x in the Electronic industry in China. Total returns to shareholders of 71% over the past three years.Reported Earnings • Aug 31Second quarter 2021 earnings released: EPS CN¥0.046 (vs CN¥0.07 loss in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CN¥16.3b (up CN¥14.6b from 2Q 2020). Net income: CN¥208.2m (up CN¥526.7m from 2Q 2020). Profit margin: 1.3% (up from net loss in 2Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 10% per year whereas the company’s share price has increased by 15% per year.Reported Earnings • May 02First quarter 2021 earnings released: EPS CN¥0.044 (vs CN¥0.10 loss in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: CN¥16.6b (up CN¥15.6b from 1Q 2020). Net income: CN¥199.7m (up CN¥659.1m from 1Q 2020). Profit margin: 1.2% (up from net loss in 1Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings.お知らせ • Mar 15Nanjing Huadong Electronics Information & Technology Co., Ltd. (SZSE:000727) agreed to acquire additional 2.57% stake in TPV Technology Limited from Innolux Corporation (TSEC:3481) for approximately CNY 400 million.Nanjing Huadong Electronics Information & Technology Co., Ltd. (SZSE:000727) agreed to acquire acquire additional 2.57% stake in TPV Technology Limited from Innolux Corporation (TSEC:3481) for approximately CNY 400 million on March 12, 2021. As per terms of transaction, Nanjing Huadong Electronics Information & Technology Co., Ltd. acquired 60.2 million shares at CNY6.6706 per share by issuing 211.352693 million shares. The lock-up period for the consideration shares is 12 months starting from the issuance date. Transaction is subject to statutory approval. Mengta Wu of Crowe (TW) acted as an accountant for Innolux Corporation.Reported Earnings • Mar 15Full year 2020 earnings released: EPS CN¥0.17 (vs CN¥1.25 loss in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: CN¥68.6b (up CN¥63.3b from FY 2019). Net income: CN¥745.8m (up CN¥6.39b from FY 2019). Profit margin: 1.1% (up from net loss in FY 2019). Over the last 3 years on average, earnings per share has fallen by 61% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings.お知らせ • Feb 24Nanjing Huadong Electronics Information & Technology Co., Ltd. to Report Fiscal Year 2020 Results on Mar 27, 2021Nanjing Huadong Electronics Information & Technology Co., Ltd. announced that they will report fiscal year 2020 results on Mar 27, 2021Is New 90 Day High Low • Feb 19New 90-day high: CN¥2.65The company is up 6.0% from its price of CN¥2.49 on 20 November 2020. The Chinese market is up 9.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Electronic industry, which is down 1.0% over the same period.Is New 90 Day High Low • Nov 11New 90-day low: CN¥2.30The company is down 12% from its price of CN¥2.62 on 13 August 2020. The Chinese market is up 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 5.0% over the same period.お知らせ • Nov 03Nanjing Huadong Electronics Information & Technology Co., Ltd. (SZSE:000727) agreed to acquire an additional 3.86% stake in TPV Technology Limited from Innolux Corporation (TSEC:3481) for approximately CNY 580 million.Nanjing Huadong Electronics Information & Technology Co., Ltd. (SZSE:000727) agreed to acquire an additional 3.86% stake in TPV Technology Limited from Innolux Corporation (TSEC:3481) for approximately CNY 580 million on November 2, 2020. As per terms, Nanjing Huadong Electronics Information & Technology Co., Ltd. will acquire 90.3 million shares at CNY 6.40 per share. As per terms of the consideration, CNY 290.6 million will be paid within 30 working days upon stock settlement or before December 31, 2020 and remaining CNY 287.3 million will be paid before December 31, 2021 after deduction of necessary taxes and expenditures. Upon completion, Innolux Corporation holds 60.2 million shares representing 2.57% stake in TPV Technology Limited. The transaction is subject to statutory approvals from the relevant authorities. Mengta Wu of Crowe (TW) acted as an accountant for Innolux Corporation.Reported Earnings • Oct 30Third quarter earnings releasedOver the last 12 months the company has reported total losses of CN¥4.79b, with losses widening by 281% from the prior year. Total revenue was CN¥6.40b over the last 12 months, up 11% from the prior year.お知らせ • Sep 22Nanjing Huadong Electronics Information & Technology Co., Ltd. (SZSE:000727) agree to acquire 49% stake in TPV Technology Limited from China Electronics Corporation, China Huadian Corporation Ltd.,China Electronics Industry Engineering Co., Ltd, China Ruida Investment Development Group Co., Ltd., Bonstar International Limited and Innolux Corporation (TSEC:3481) for CNY 2.2 million.Nanjing Huadong Electronics Information & Technology Co., Ltd. (SZSE:000727) agree to acquire 49% stake in TPV Technology Limited from China Electronics Corporation, China Huadian Corporation Ltd.,China Electronics Industry Engineering Co., Ltd, China Ruida Investment Development Group Co., Ltd., Bonstar International Limited and Innolux Corporation (TSEC:3481) for CNY 2.2 million on September 16, 2020. Under the terms of transaction, Nanjing Huadong Electronics Information & Technology Co., Ltd will acquire 1.15 million shares of TPV at CNY 1.9 per share and will issue his shares in consideration. Shares have a lock up period of 36 months in the case of China Electronics Corporation, Huadian Corporation, China Electronics Industry Engineering Co., Ltd and China Ruida Investment Development Group Co., Ltd. For Innolux Optoelectronics Co., Ltd and Bonstar International Limited, lock up period is 12 months. Nanjing Huadong Electronics intends to raise supporting funds from no more than 35 qualified investors through non-public issuance of stocks. If the amount of matching funds raised is insufficient to meet the investment needs of related projects, the listed company will make up the difference through its own funds or self-raised funds. The transaction plan has been reviewed and approved at the tenth extraordinary meeting of the ninth board of directors of the Nanjing Huadong Electronics Information & Technology Co. Transaction is subject to approval of the China Securities Regulatory Commission. The number of ordinary shares to be issued is ultimately subject to the number approved by the shareholders' meeting of the Nanjing Huadong Electronics company and approved by the China Securities Regulatory Commission. The transaction needs to be approved by the national development and reform authorities, commercial authorities, and foreign exchange authorities have completed the filing/registration procedures (if necessary) for overseas investments involved in this transaction and Other possible approvals or approvals required by relevant laws and regulations. After the completion of the comprehensive due diligence, audit, evaluation or valuation of the target company involved in this transaction, the listed company will once again convene the board of directors to review the formal plan of the transaction.お知らせ • Sep 09China Electronics Corporation agreed to acquire 11.4% stake in Chengdu CEC Panda Display Technology Co., Ltd. from Nanjing Huadong Electronics Information & Technology Co., Ltd. (SZSE:000727) for CNY 1.5 billion.China Electronics Corporation agreed to acquire 11.4% stake in Chengdu CEC Panda Display Technology Co., Ltd. from Nanjing Huadong Electronics Information & Technology Co., Ltd. (SZSE:000727) for CNY 1.5 billion on September 5, 2020. For the year ended December 31, 2019, Chengdu CEC Panda Display Technology Co., Ltd. reported total assets of CNY 34.15 billion, total revenue of CNY 3.6 billion, operating loss of CNY 960.79 million, net loss of CNY 965.4 million. The transaction is subject to approval from Board of Directors of China Electronics Corporation, shareholders of Nanjing Huadong Electronics Information & Technology Co., Ltd., regulatory approval, The transaction is approved by Board of Directors of Nanjing Huadong Electronics Information & Technology Co., Ltd. and Chengdu CEC Panda Display Technology Co., Ltd.お知らせ • Sep 05CEIEC (H.K.) Limited and Nanjing Huadong Electronics Information & Technology Co., Ltd. (SZSE:000727) entered into a term sheet to acquire an additional unknown minority stake in TPV Technology Limited from Innolux Corporation (TSEC:3481)CEIEC (H.K.) Limited and Nanjing Huadong Electronics Information & Technology Co., Ltd. (SZSE:000727) entered into a term sheet to acquire an additional unknown minority stake in TPV Technology Limited from Innolux Corporation (TSEC:3481) on September 4, 2020. Transaction is subject to necessary statutory approvals from the relevant authorities and satisfy all conditions precedent set forth in relevant documents.お知らせ • Aug 13Nanjing Huadong Electronics Information & Technology Co., Ltd. to Report First Half, 2020 Results on Aug 29, 2020Nanjing Huadong Electronics Information & Technology Co., Ltd. announced that they will report first half, 2020 results on Aug 29, 2020お知らせ • Jul 23+ 1 more updateNanjing Jinning Electron Group Co., Ltd. signed a share transfer agreement to acquire Nanjing CEC PANDA Magnetoelectricity Technology Co., Ltd. from Nanjing Huadong Electronics Information & Technology Co., Ltd. (SZSE:000727) for CNY 11 million.Nanjing Jinning Electron Group Co., Ltd. signed a share transfer agreement to acquire Nanjing CEC PANDA Magnetoelectricity Technology Co., Ltd. from Nanjing Huadong Electronics Information & Technology Co., Ltd. (SZSE:000727) for CNY 11 million on July 21, 2020. Under the terms of the transaction the entire purchase price shall be paid within 10 working days from the agreement effective date. The transaction is subject to shareholder approval and Board of Directors approved the transaction in the 8th extraordinary meeting of the 9th directorate held on July 21, 2020. For the year ended 2019, Nanjing CEC PANDA Magnetoelectricity Technology Co., Ltd. reported Total assets of CNY 76.631 million, Net assets CNY 10.393 million, Revenue CNY 128.238 million and Net loss of 2.389 million.決済の安定と成長配当データの取得安定した配当: 000727の 1 株当たり配当が過去に安定していたかどうかを判断するにはデータが不十分です。増加する配当: 000727の配当金が増加しているかどうかを判断するにはデータが不十分です。配当利回り対市場TPV Technology 配当利回り対市場000727 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 (000727)n/a市場下位25% (CN)0.4%市場トップ25% (CN)1.9%業界平均 (Tech)0.8%アナリスト予想 (000727) (最長3年)n/a注目すべき配当: 000727は最近配当金を報告していないため、配当金支払者の下位 25% に対して同社の配当利回りを評価することはできません。高配当: 000727は最近配当金を報告していないため、配当金支払者の上位 25% に対して同社の配当利回りを評価することはできません。株主への利益配当収益カバレッジ: 000727の 配当性向 を計算して配当金の支払いが利益で賄われているかどうかを判断するにはデータが不十分です。株主配当金キャッシュフローカバレッジ: 000727が配当金を報告していないため、配当金の持続可能性を計算できません。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2026/05/21 19:49終値2026/05/21 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TPV 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。3 アナリスト機関Rung-Yan LinChina International Capital Corporation Limitednull nullCitic Securities Co., Ltd.Shun Feng LiuPing An Securities Co. Ltd.
Reported Earnings • Apr 28Full year 2025 earnings released: CN¥0.17 loss per share (vs CN¥0.021 profit in FY 2024)Full year 2025 results: CN¥0.17 loss per share (down from CN¥0.021 profit in FY 2024). Revenue: CN¥54.3b (down 1.8% from FY 2024). Net loss: CN¥784.4m (down CN¥877.9m from profit in FY 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 98 percentage points per year, which is a significant difference in performance.
お知らせ • Apr 28TPV Technology Co., Ltd., Annual General Meeting, May 22, 2026TPV Technology Co., Ltd., Annual General Meeting, May 22, 2026, at 14:00 China Standard Time. Location: The Company's Meeting Room, Nanjing, Jiangsu China
お知らせ • Mar 31TPV Technology Co., Ltd. to Report Q1, 2026 Results on Apr 28, 2026TPV Technology Co., Ltd. announced that they will report Q1, 2026 results on Apr 28, 2026
Board Change • Feb 01High number of new directorsThere are 6 new directors who have joined the board in the last 3 years. Non-Independent Director Yan Zhang was the last director to join the board, commencing their role in 2026. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
お知らせ • Jan 30TPV Technology Co., Ltd. Announces Board Changes, Effective 28 January 2026TPV Technology Co., Ltd. at its Extraordinary General Meeting of 2026 held on 28 January 2026, approved nomination of Zhang Yan and Wang Qianjing as non-independent directors and vetoed Yang Guohong as non-independent director.
お知らせ • Dec 31TPV Technology Co., Ltd. to Report Fiscal Year 2025 Results on Apr 28, 2026TPV Technology Co., Ltd. announced that they will report fiscal year 2025 results on Apr 28, 2026
Board Change • Dec 13High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Employee Supervisor Meng Wen was the last director to join the board, commencing their role in 2024. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
Reported Earnings • Oct 29Third quarter 2025 earnings released: CN¥0.024 loss per share (vs CN¥0.006 profit in 3Q 2024)Third quarter 2025 results: CN¥0.024 loss per share (down from CN¥0.006 profit in 3Q 2024). Revenue: CN¥13.9b (down 2.2% from 3Q 2024). Net loss: CN¥109.4m (down CN¥136.0m from profit in 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 57% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings.
お知らせ • Sep 30TPV Technology Co., Ltd. to Report Q3, 2025 Results on Oct 29, 2025TPV Technology Co., Ltd. announced that they will report Q3, 2025 results on Oct 29, 2025
Reported Earnings • Aug 18Second quarter 2025 earnings released: CN¥0.071 loss per share (vs CN¥0.011 profit in 2Q 2024)Second quarter 2025 results: CN¥0.071 loss per share (down from CN¥0.011 profit in 2Q 2024). Revenue: CN¥12.7b (down 9.4% from 2Q 2024). Net loss: CN¥322.4m (down CN¥370.4m from profit in 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.
お知らせ • Jul 02TPV Technology Co., Ltd. to Report First Half, 2025 Results on Aug 30, 2025TPV Technology Co., Ltd. announced that they will report first half, 2025 results on Aug 30, 2025
New Risk • Apr 29New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 0.2% Last year net profit margin: 0.5% 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 Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.2% net profit margin).
Reported Earnings • Apr 29Full year 2024 earnings released: EPS: CN¥0.021 (vs CN¥0.061 in FY 2023)Full year 2024 results: EPS: CN¥0.021 (down from CN¥0.061 in FY 2023). Revenue: CN¥55.2b (up 1.2% from FY 2023). Net income: CN¥93.5m (down 66% from FY 2023). Profit margin: 0.2% (down from 0.5% in FY 2023). Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.
お知らせ • Apr 29TPV Technology Co., Ltd., Annual General Meeting, May 23, 2025TPV Technology Co., Ltd., Annual General Meeting, May 23, 2025, at 14:00 China Standard Time.
Valuation Update With 7 Day Price Move • Apr 08Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to CN¥2.30, the stock trades at a trailing P/E ratio of 36.7x. Average trailing P/E is 57x in the Tech industry in China. Total loss to shareholders of 3.4% over the past three years.
お知らせ • Mar 31TPV Technology Co., Ltd. to Report Q1, 2025 Results on Apr 29, 2025TPV Technology Co., Ltd. announced that they will report Q1, 2025 results on Apr 29, 2025
分析記事 • Mar 05Does TPV Technology (SZSE:000727) Have A Healthy Balance Sheet?The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
New Risk • Jan 29New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 8.9% 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 (8.9% average weekly change). Large one-off items impacting financial results.
分析記事 • Jan 10Risks Still Elevated At These Prices As TPV Technology Co., Ltd. (SZSE:000727) Shares Dive 28%TPV Technology Co., Ltd. ( SZSE:000727 ) shares have retraced a considerable 28% in the last month, reversing a fair...
お知らせ • Dec 31TPV Technology Co., Ltd. to Report Fiscal Year 2024 Results on Apr 28, 2025TPV Technology Co., Ltd. announced that they will report fiscal year 2024 results on Apr 28, 2025
Valuation Update With 7 Day Price Move • Dec 11Investor sentiment improves as stock rises 21%After last week's 21% share price gain to CN¥3.66, the stock trades at a trailing P/E ratio of 58.5x. Average trailing P/E is 59x in the Tech industry in China. Total returns to shareholders of 17% over the past three years.
分析記事 • Nov 26Optimistic Investors Push TPV Technology Co., Ltd. (SZSE:000727) Shares Up 30% But Growth Is LackingTPV Technology Co., Ltd. ( SZSE:000727 ) shares have continued their recent momentum with a 30% gain in the last month...
New Risk • Nov 09New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 26% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. This is currently the only risk that has been identified for the company.
分析記事 • Nov 05We Think That There Are Some Issues For TPV Technology (SZSE:000727) Beyond Its Promising EarningsTPV Technology Co., Ltd. ( SZSE:000727 ) just released a solid earnings report, and the stock displayed some strength...
Valuation Update With 7 Day Price Move • Nov 05Investor sentiment improves as stock rises 20%After last week's 20% share price gain to CN¥2.94, the stock trades at a trailing P/E ratio of 47x. Average trailing P/E is 50x in the Tech industry in China. Total returns to shareholders of 18% over the past three years.
Reported Earnings • Oct 30Third quarter 2024 earnings released: EPS: CN¥0.006 (vs CN¥0.007 in 3Q 2023)Third quarter 2024 results: EPS: CN¥0.006 (down from CN¥0.007 in 3Q 2023). Revenue: CN¥14.3b (down 1.6% from 3Q 2023). Net income: CN¥26.6m (down 11% from 3Q 2023). Profit margin: 0.2% (in line with 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 58% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings.
分析記事 • Oct 28We Think TPV Technology (SZSE:000727) Can Stay On Top Of Its DebtDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
分析記事 • Oct 01Some Confidence Is Lacking In TPV Technology Co., Ltd.'s (SZSE:000727) P/EWhen close to half the companies in China have price-to-earnings ratios (or "P/E's") below 33x, you may consider TPV...
お知らせ • Sep 30TPV Technology Co., Ltd. to Report Q3, 2024 Results on Oct 31, 2024TPV Technology Co., Ltd. announced that they will report Q3, 2024 results on Oct 31, 2024
Valuation Update With 7 Day Price Move • Sep 30Investor sentiment improves as stock rises 22%After last week's 22% share price gain to CN¥2.37, the stock trades at a trailing P/E ratio of 37.4x. Average trailing P/E is 35x in the Tech industry in China. Total loss to shareholders of 4.4% over the past three years.
Reported Earnings • Aug 31Second quarter 2024 earnings released: EPS: CN¥0.011 (vs CN¥0.017 in 2Q 2023)Second quarter 2024 results: EPS: CN¥0.011 (down from CN¥0.017 in 2Q 2023). Revenue: CN¥14.0b (up 7.1% from 2Q 2023). Net income: CN¥48.0m (down 39% from 2Q 2023). Profit margin: 0.3% (down from 0.6% in 2Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 72 percentage points per year, which is a significant difference in performance.
お知らせ • Jun 29TPV Technology Co., Ltd. to Report First Half, 2024 Results on Aug 30, 2024TPV Technology Co., Ltd. announced that they will report first half, 2024 results on Aug 30, 2024
分析記事 • Jun 25Investors Aren't Buying TPV Technology Co., Ltd.'s (SZSE:000727) RevenuesYou may think that with a price-to-sales (or "P/S") ratio of 0.2x TPV Technology Co., Ltd. ( SZSE:000727 ) is...
分析記事 • May 06TPV Technology (SZSE:000727) Is Posting Promising Earnings But The Good News Doesn’t Stop ThereThe market seemed underwhelmed by the solid earnings posted by TPV Technology Co., Ltd. ( SZSE:000727 ) recently. Our...
お知らせ • May 01TPV Technology Co., Ltd., Annual General Meeting, May 24, 2024TPV Technology Co., Ltd., Annual General Meeting, May 24, 2024, at 14:00 China Standard Time. Location: The Company's Meeting Room, Nanjing, Jiangsu China
Reported Earnings • Apr 30First quarter 2024 earnings released: EPS: CN¥0.001 (vs CN¥0.008 loss in 1Q 2023)First quarter 2024 results: EPS: CN¥0.001 (up from CN¥0.008 loss in 1Q 2023). Revenue: CN¥12.8b (up 6.9% from 1Q 2023). Net income: CN¥5.38m (up CN¥39.7m from 1Q 2023). Profit margin: 0% (up from net loss in 1Q 2023). The move to profitability was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 80 percentage points per year, which is a significant difference in performance.
お知らせ • Mar 30TPV Technology Co., Ltd. to Report Q1, 2024 Results on Apr 30, 2024TPV Technology Co., Ltd. announced that they will report Q1, 2024 results on Apr 30, 2024
Reported Earnings • Mar 12Full year 2023 earnings released: EPS: CN¥0.061 (vs CN¥0.019 in FY 2022)Full year 2023 results: EPS: CN¥0.061 (up from CN¥0.019 in FY 2022). Revenue: CN¥54.6b (down 12% from FY 2022). Net income: CN¥277.6m (up 220% from FY 2022). Profit margin: 0.5% (up from 0.1% in FY 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 77 percentage points per year, which is a significant difference in performance.
分析記事 • Mar 02Is TPV Technology (SZSE:000727) A Risky Investment?Warren Buffett famously said, 'Volatility is far from synonymous with risk.' When we think about how risky a company...
Valuation Update With 7 Day Price Move • Feb 12Investor sentiment improves as stock rises 15%After last week's 15% share price gain to CN¥2.35, the stock trades at a trailing P/E ratio of 37.3x. Average trailing P/E is 37x in the Tech industry in China. Total loss to shareholders of 4.5% over the past three years.
お知らせ • Dec 29TPV Technology Co., Ltd. to Report Fiscal Year 2023 Results on Apr 30, 2024TPV Technology Co., Ltd. announced that they will report fiscal year 2023 results on Apr 30, 2024
New Risk • Nov 06New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 29% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (9.1% average weekly change). Minor Risk Large one-off items impacting financial results.
Reported Earnings • Nov 01Third quarter 2023 earnings released: EPS: CN¥0.007 (vs CN¥0.031 loss in 3Q 2022)Third quarter 2023 results: EPS: CN¥0.007 (up from CN¥0.031 loss in 3Q 2022). Revenue: CN¥14.5b (flat on 3Q 2022). Net income: CN¥29.9m (up CN¥166.8m from 3Q 2022). Profit margin: 0.2% (up from net loss in 3Q 2022). Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.
New Risk • Oct 11New 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 6.0% 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. This is currently the only risk that has been identified for the company.
お知らせ • Sep 29TPV Technology Co., Ltd. Approves Election of Song Shaowen as Non-Independent DirectorTPV Technology Co., Ltd. approved election of Song Shaowen as a non-independent director at the Extraordinary General Meeting held on 27 September 2023.
Reported Earnings • Aug 31Second quarter 2023 earnings released: EPS: CN¥0.017 (vs CN¥0.023 loss in 2Q 2022)Second quarter 2023 results: EPS: CN¥0.017 (up from CN¥0.023 loss in 2Q 2022). Revenue: CN¥13.1b (down 14% from 2Q 2022). Net income: CN¥78.3m (up CN¥184.9m from 2Q 2022). Profit margin: 0.6% (up from net loss in 2Q 2022). Over the last 3 years on average, earnings per share has increased by 73% 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 • May 06TPV Technology Co., Ltd., Annual General Meeting, May 22, 2023TPV Technology Co., Ltd., Annual General Meeting, May 22, 2023, at 14:00 China Standard Time. Agenda: To consider 2022 work report of the board of directors; to 2022 work report of the supervisory committee; to 2022 annual accounts; to 2023 financial budget report; to 2022 profit distribution plan; to 2022 annual report and its summary; to Guarantee between controlled subsidiaries and their wholly-owned subsidiaries; to Launching foreign exchange derivatives transactions by subsidiaries; to 2023 estimated continuing connected transactions; and to consider other matter.
Reported Earnings • Apr 29Full year 2022 earnings released: EPS: CN¥0.019 (vs CN¥0.12 in FY 2021)Full year 2022 results: EPS: CN¥0.019 (down from CN¥0.12 in FY 2021). Revenue: CN¥61.9b (down 12% from FY 2021). Net income: CN¥86.7m (down 84% from FY 2021). Profit margin: 0.1% (down from 0.8% in FY 2021). Over the last 3 years on average, earnings per share has increased by 102% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth.
Board Change • Nov 16Less than half of directors are independentThere are 9 new directors who have joined the board in the last 3 years. Of these new board members, 5 were independent directors. The company's board is composed of: 9 new directors. 2 experienced directors. 1 highly experienced director. 5 independent directors (6 non-independent directors). Director Guofei Xu is the most experienced director on the board, commencing their role in 2014. Non-Independent Director Yingxin Sun was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors.
Reported Earnings • Oct 31Third quarter 2022 earnings released: CN¥0.031 loss per share (vs CN¥0.011 profit in 3Q 2021)Third quarter 2022 results: CN¥0.031 loss per share (down from CN¥0.011 profit in 3Q 2021). Revenue: CN¥14.4b (down 19% from 3Q 2021). Net loss: CN¥136.8m (down 365% from profit in 3Q 2021). Over the last 3 years on average, earnings per share has increased by 90% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.
お知らせ • Oct 25TPV Technology Co., Ltd. Announces Executive AppointmentsTPV Technology Co., Ltd. at the Extraordinary General Meeting held on 21 October 2022, approved election and nomination of non-independent directors: Sun Yingxin and Yang Lin; Election of Zhang Zhicheng as a supervisor.
Valuation Update With 7 Day Price Move • Oct 21Investor sentiment improved over the past weekAfter last week's 20% share price gain to CN¥2.26, the stock trades at a trailing P/E ratio of 75.2x. Average trailing P/E is 37x in the Tech industry in China. Total returns to shareholders of 9.2% over the past three years.
Reported Earnings • Aug 31Second quarter 2022 earnings released: CN¥0.023 loss per share (vs CN¥0.046 profit in 2Q 2021)Second quarter 2022 results: CN¥0.023 loss per share (down from CN¥0.046 profit in 2Q 2021). Revenue: CN¥15.1b (down 7.5% from 2Q 2021). Net loss: CN¥106.6m (down 151% from profit in 2Q 2021). Over the last 3 years on average, earnings per share has increased by 78% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.
お知らせ • Jun 15TPV Technology Co., Ltd. (SZSE:000727) acquired Philips PDS North America.TPV Technology Co., Ltd. (SZSE:000727) acquired Philips PDS North America on June 13, 2022. PPDS US becomes wholly-owned subsidiary of TPV Group. US team will also receive support from PPDS’ newly announced global leadership team, consisting of Franck Racapé – Head of Global Commercial, Martijn Van der Woude – Head of Global Business Development and Marketing, and Robert Hsu – Head of Global Product Management. TPV Technology Co., Ltd. (SZSE:000727) completed the acquisition of Philips PDS North America on June 13, 2022.
Board Change • Apr 27High number of new and inexperienced directorsThere are 8 new directors who have joined the board in the last 3 years. The company's board is composed of: 8 new directors. 4 experienced directors. No highly experienced directors. Non-Independent Director Zhaonian Yao is the most experienced director on the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.
お知らせ • Apr 19TPV Technology Co., Ltd., Annual General Meeting, May 10, 2022TPV Technology Co., Ltd., Annual General Meeting, May 10, 2022, at 14:00 China Standard Time. Agenda: To consider 2021 work report of the board of directors; to consider 2021 work report of the supervisory committee; to consider 2021 annual accounts; to consider 2022 financial budget report; to consider 2021 profit distribution plan; to consider 2021 annual report and its summary; to consider nomination of directors; to consider guarantee between controlled subsidiaries and their wholly-owned subsidiaries; to consider launching foreign exchange derivatives transactions by subsidiaries; to consider launching accounts receivable factoring business by subsidiaries; and to consider implementing results of the commitments on assets purchase via major assets restructuring.
Reported Earnings • Apr 17Full year 2021 earnings: EPS and revenues miss analyst expectationsFull year 2021 results: EPS: CN¥0.12 (down from CN¥0.17 in FY 2020). Revenue: CN¥70.6b (up 3.0% from FY 2020). Net income: CN¥532.2m (down 29% from FY 2020). Profit margin: 0.8% (down from 1.1% in FY 2020). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 20%. Earnings per share (EPS) also missed analyst estimates by 91%. Over the last 3 years on average, earnings per share has increased by 51% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.
お知らせ • Mar 31TPV Technology Co., Ltd. to Report Fiscal Year 2021 Results on Apr 16, 2022TPV Technology Co., Ltd. announced that they will report fiscal year 2021 results on Apr 16, 2022
Valuation Update With 7 Day Price Move • Dec 13Investor sentiment improved over the past weekAfter last week's 22% share price gain to CN¥3.22, the stock trades at a trailing P/E ratio of 8.4x. Average trailing P/E is 44x in the Tech industry in China. Total returns to shareholders of 113% over the past three years.
Valuation Update With 7 Day Price Move • Nov 11Investor sentiment improved over the past weekAfter last week's 16% share price gain to CN¥2.90, the stock trades at a trailing P/E ratio of 7.6x. Average trailing P/E is 39x in the Electronic industry in China. Total returns to shareholders of 71% over the past three years.
Reported Earnings • Aug 31Second quarter 2021 earnings released: EPS CN¥0.046 (vs CN¥0.07 loss in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CN¥16.3b (up CN¥14.6b from 2Q 2020). Net income: CN¥208.2m (up CN¥526.7m from 2Q 2020). Profit margin: 1.3% (up from net loss in 2Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 10% per year whereas the company’s share price has increased by 15% per year.
Reported Earnings • May 02First quarter 2021 earnings released: EPS CN¥0.044 (vs CN¥0.10 loss in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: CN¥16.6b (up CN¥15.6b from 1Q 2020). Net income: CN¥199.7m (up CN¥659.1m from 1Q 2020). Profit margin: 1.2% (up from net loss in 1Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings.
お知らせ • Mar 15Nanjing Huadong Electronics Information & Technology Co., Ltd. (SZSE:000727) agreed to acquire additional 2.57% stake in TPV Technology Limited from Innolux Corporation (TSEC:3481) for approximately CNY 400 million.Nanjing Huadong Electronics Information & Technology Co., Ltd. (SZSE:000727) agreed to acquire acquire additional 2.57% stake in TPV Technology Limited from Innolux Corporation (TSEC:3481) for approximately CNY 400 million on March 12, 2021. As per terms of transaction, Nanjing Huadong Electronics Information & Technology Co., Ltd. acquired 60.2 million shares at CNY6.6706 per share by issuing 211.352693 million shares. The lock-up period for the consideration shares is 12 months starting from the issuance date. Transaction is subject to statutory approval. Mengta Wu of Crowe (TW) acted as an accountant for Innolux Corporation.
Reported Earnings • Mar 15Full year 2020 earnings released: EPS CN¥0.17 (vs CN¥1.25 loss in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: CN¥68.6b (up CN¥63.3b from FY 2019). Net income: CN¥745.8m (up CN¥6.39b from FY 2019). Profit margin: 1.1% (up from net loss in FY 2019). Over the last 3 years on average, earnings per share has fallen by 61% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings.
お知らせ • Feb 24Nanjing Huadong Electronics Information & Technology Co., Ltd. to Report Fiscal Year 2020 Results on Mar 27, 2021Nanjing Huadong Electronics Information & Technology Co., Ltd. announced that they will report fiscal year 2020 results on Mar 27, 2021
Is New 90 Day High Low • Feb 19New 90-day high: CN¥2.65The company is up 6.0% from its price of CN¥2.49 on 20 November 2020. The Chinese market is up 9.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Electronic industry, which is down 1.0% over the same period.
Is New 90 Day High Low • Nov 11New 90-day low: CN¥2.30The company is down 12% from its price of CN¥2.62 on 13 August 2020. The Chinese market is up 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 5.0% over the same period.
お知らせ • Nov 03Nanjing Huadong Electronics Information & Technology Co., Ltd. (SZSE:000727) agreed to acquire an additional 3.86% stake in TPV Technology Limited from Innolux Corporation (TSEC:3481) for approximately CNY 580 million.Nanjing Huadong Electronics Information & Technology Co., Ltd. (SZSE:000727) agreed to acquire an additional 3.86% stake in TPV Technology Limited from Innolux Corporation (TSEC:3481) for approximately CNY 580 million on November 2, 2020. As per terms, Nanjing Huadong Electronics Information & Technology Co., Ltd. will acquire 90.3 million shares at CNY 6.40 per share. As per terms of the consideration, CNY 290.6 million will be paid within 30 working days upon stock settlement or before December 31, 2020 and remaining CNY 287.3 million will be paid before December 31, 2021 after deduction of necessary taxes and expenditures. Upon completion, Innolux Corporation holds 60.2 million shares representing 2.57% stake in TPV Technology Limited. The transaction is subject to statutory approvals from the relevant authorities. Mengta Wu of Crowe (TW) acted as an accountant for Innolux Corporation.
Reported Earnings • Oct 30Third quarter earnings releasedOver the last 12 months the company has reported total losses of CN¥4.79b, with losses widening by 281% from the prior year. Total revenue was CN¥6.40b over the last 12 months, up 11% from the prior year.
お知らせ • Sep 22Nanjing Huadong Electronics Information & Technology Co., Ltd. (SZSE:000727) agree to acquire 49% stake in TPV Technology Limited from China Electronics Corporation, China Huadian Corporation Ltd.,China Electronics Industry Engineering Co., Ltd, China Ruida Investment Development Group Co., Ltd., Bonstar International Limited and Innolux Corporation (TSEC:3481) for CNY 2.2 million.Nanjing Huadong Electronics Information & Technology Co., Ltd. (SZSE:000727) agree to acquire 49% stake in TPV Technology Limited from China Electronics Corporation, China Huadian Corporation Ltd.,China Electronics Industry Engineering Co., Ltd, China Ruida Investment Development Group Co., Ltd., Bonstar International Limited and Innolux Corporation (TSEC:3481) for CNY 2.2 million on September 16, 2020. Under the terms of transaction, Nanjing Huadong Electronics Information & Technology Co., Ltd will acquire 1.15 million shares of TPV at CNY 1.9 per share and will issue his shares in consideration. Shares have a lock up period of 36 months in the case of China Electronics Corporation, Huadian Corporation, China Electronics Industry Engineering Co., Ltd and China Ruida Investment Development Group Co., Ltd. For Innolux Optoelectronics Co., Ltd and Bonstar International Limited, lock up period is 12 months. Nanjing Huadong Electronics intends to raise supporting funds from no more than 35 qualified investors through non-public issuance of stocks. If the amount of matching funds raised is insufficient to meet the investment needs of related projects, the listed company will make up the difference through its own funds or self-raised funds. The transaction plan has been reviewed and approved at the tenth extraordinary meeting of the ninth board of directors of the Nanjing Huadong Electronics Information & Technology Co. Transaction is subject to approval of the China Securities Regulatory Commission. The number of ordinary shares to be issued is ultimately subject to the number approved by the shareholders' meeting of the Nanjing Huadong Electronics company and approved by the China Securities Regulatory Commission. The transaction needs to be approved by the national development and reform authorities, commercial authorities, and foreign exchange authorities have completed the filing/registration procedures (if necessary) for overseas investments involved in this transaction and Other possible approvals or approvals required by relevant laws and regulations. After the completion of the comprehensive due diligence, audit, evaluation or valuation of the target company involved in this transaction, the listed company will once again convene the board of directors to review the formal plan of the transaction.
お知らせ • Sep 09China Electronics Corporation agreed to acquire 11.4% stake in Chengdu CEC Panda Display Technology Co., Ltd. from Nanjing Huadong Electronics Information & Technology Co., Ltd. (SZSE:000727) for CNY 1.5 billion.China Electronics Corporation agreed to acquire 11.4% stake in Chengdu CEC Panda Display Technology Co., Ltd. from Nanjing Huadong Electronics Information & Technology Co., Ltd. (SZSE:000727) for CNY 1.5 billion on September 5, 2020. For the year ended December 31, 2019, Chengdu CEC Panda Display Technology Co., Ltd. reported total assets of CNY 34.15 billion, total revenue of CNY 3.6 billion, operating loss of CNY 960.79 million, net loss of CNY 965.4 million. The transaction is subject to approval from Board of Directors of China Electronics Corporation, shareholders of Nanjing Huadong Electronics Information & Technology Co., Ltd., regulatory approval, The transaction is approved by Board of Directors of Nanjing Huadong Electronics Information & Technology Co., Ltd. and Chengdu CEC Panda Display Technology Co., Ltd.
お知らせ • Sep 05CEIEC (H.K.) Limited and Nanjing Huadong Electronics Information & Technology Co., Ltd. (SZSE:000727) entered into a term sheet to acquire an additional unknown minority stake in TPV Technology Limited from Innolux Corporation (TSEC:3481)CEIEC (H.K.) Limited and Nanjing Huadong Electronics Information & Technology Co., Ltd. (SZSE:000727) entered into a term sheet to acquire an additional unknown minority stake in TPV Technology Limited from Innolux Corporation (TSEC:3481) on September 4, 2020. Transaction is subject to necessary statutory approvals from the relevant authorities and satisfy all conditions precedent set forth in relevant documents.
お知らせ • Aug 13Nanjing Huadong Electronics Information & Technology Co., Ltd. to Report First Half, 2020 Results on Aug 29, 2020Nanjing Huadong Electronics Information & Technology Co., Ltd. announced that they will report first half, 2020 results on Aug 29, 2020
お知らせ • Jul 23+ 1 more updateNanjing Jinning Electron Group Co., Ltd. signed a share transfer agreement to acquire Nanjing CEC PANDA Magnetoelectricity Technology Co., Ltd. from Nanjing Huadong Electronics Information & Technology Co., Ltd. (SZSE:000727) for CNY 11 million.Nanjing Jinning Electron Group Co., Ltd. signed a share transfer agreement to acquire Nanjing CEC PANDA Magnetoelectricity Technology Co., Ltd. from Nanjing Huadong Electronics Information & Technology Co., Ltd. (SZSE:000727) for CNY 11 million on July 21, 2020. Under the terms of the transaction the entire purchase price shall be paid within 10 working days from the agreement effective date. The transaction is subject to shareholder approval and Board of Directors approved the transaction in the 8th extraordinary meeting of the 9th directorate held on July 21, 2020. For the year ended 2019, Nanjing CEC PANDA Magnetoelectricity Technology Co., Ltd. reported Total assets of CNY 76.631 million, Net assets CNY 10.393 million, Revenue CNY 128.238 million and Net loss of 2.389 million.