View ValuationZhejiang Crystal-Optech 将来の成長Future 基準チェック /36Zhejiang Crystal-Optech利益と収益がそれぞれ年間22.4%と19.2%増加すると予測されています。EPS は年間 増加すると予想されています。自己資本利益率は 3 年後に18.2% 22.1%なると予測されています。主要情報22.4%収益成長率22.13%EPS成長率Electronic 収益成長32.7%収益成長率19.2%将来の株主資本利益率18.21%アナリストカバレッジGood最終更新日24 Apr 2026今後の成長に関する最新情報Price Target Changed • Apr 23Price target increased by 8.9% to CN¥32.93Up from CN¥30.24, the current price target is an average from 6 analysts. New target price is approximately in line with last closing price of CN¥33.48. Stock is up 81% over the past year. The company is forecast to post earnings per share of CN¥1.07 for next year compared to CN¥0.86 last year.Major Estimate Revision • Nov 03Consensus EPS estimates fall by 10%The consensus outlook for fiscal year 2025 has been updated. 2025 EPS estimate fell from CN¥0.88 to CN¥0.79 per share. Revenue forecast steady at CN¥7.28b. Net income forecast to grow 21% next year vs 48% growth forecast for Electronic industry in China. Consensus price target broadly unchanged at CN¥30.24. Share price was steady at CN¥25.17 over the past week.Price Target Changed • Aug 31Price target increased by 8.4% to CN¥27.65Up from CN¥25.50, the current price target is an average from 6 analysts. New target price is approximately in line with last closing price of CN¥27.82. Stock is up 56% over the past year. The company is forecast to post earnings per share of CN¥0.84 for next year compared to CN¥0.75 last year.Price Target Changed • Nov 02Price target increased by 8.2% to CN¥22.61Up from CN¥20.89, the current price target is an average from 7 analysts. New target price is approximately in line with last closing price of CN¥22.28. Stock is up 62% over the past year. The company is forecast to post earnings per share of CN¥0.75 for next year compared to CN¥0.43 last year.Price Target Changed • Jul 15Price target increased by 8.7% to CN¥19.68Up from CN¥18.10, the current price target is an average from 7 analysts. New target price is approximately in line with last closing price of CN¥20.12. Stock is up 68% over the past year. The company is forecast to post earnings per share of CN¥0.62 for next year compared to CN¥0.43 last year.Price Target Changed • Jul 12Price target increased by 9.8% to CN¥18.97Up from CN¥17.28, the current price target is an average from 7 analysts. New target price is approximately in line with last closing price of CN¥19.53. Stock is up 64% over the past year. The company is forecast to post earnings per share of CN¥0.59 for next year compared to CN¥0.43 last year.すべての更新を表示Recent updatesお知らせ • 17hZhejiang Crystal-Optech Co., Ltd Announces 2025 Final Profit Distribution Plan on A Shares, Payable on 03 June 2026Zhejiang Crystal-Optech Co. Ltd. announced 2025 final profit distribution plan to be implemented (A shares) of CNY 2.00000000 per share. Record date: 02 June 2026. Ex-date: 03 June 2026. Payment date: 03 June 2026.Valuation Update With 7 Day Price Move • May 28Investor sentiment improves as stock rises 19%After last week's 19% share price gain to CN¥43.73, the stock trades at a forward P/E ratio of 39x. Average forward P/E is 40x in the Electronic industry in China. Total returns to shareholders of 282% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥30.49 per share.Valuation Update With 7 Day Price Move • May 12Investor sentiment improves as stock rises 15%After last week's 15% share price gain to CN¥37.99, the stock trades at a forward P/E ratio of 34x. Average forward P/E is 36x in the Electronic industry in China. Total returns to shareholders of 247% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥30.57 per share.Buy Or Sell Opportunity • May 11Now 23% overvalued after recent price riseOver the last 90 days, the stock has risen 40% to CN¥37.74. The fair value is estimated to be CN¥30.70, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 17% over the last 3 years. Earnings per share has grown by 31%. For the next 3 years, revenue is forecast to grow by 19% per annum. Earnings are also forecast to grow by 22% per annum over the same time period.Price Target Changed • Apr 23Price target increased by 8.9% to CN¥32.93Up from CN¥30.24, the current price target is an average from 6 analysts. New target price is approximately in line with last closing price of CN¥33.48. Stock is up 81% over the past year. The company is forecast to post earnings per share of CN¥1.07 for next year compared to CN¥0.86 last year.お知らせ • Apr 20Zhejiang Crystal-Optech Co., Ltd, Annual General Meeting, May 21, 2026Zhejiang Crystal-Optech Co., Ltd, Annual General Meeting, May 21, 2026, at 13:30 China Standard Time. Location: No. 2198, East Section of Kaifa Avenue, Jiaojiang District, Taizhou, Zhejiang ChinaReported Earnings • Apr 18Full year 2025 earnings: EPS and revenues miss analyst expectationsFull year 2025 results: EPS: CN¥0.86 (up from CN¥0.75 in FY 2024). Revenue: CN¥6.93b (up 10% from FY 2024). Net income: CN¥1.17b (up 14% from FY 2024). Profit margin: 17% (in line with FY 2024). Revenue missed analyst estimates by 3.5%. Earnings per share (EPS) also missed analyst estimates by 2.5%. Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 24% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has increased by 31% per year and the company’s share price has also increased by 31% per year.New Risk • Apr 08New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 8.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by cash flows (93% cash payout ratio). Share price has been volatile over the past 3 months (8.2% average weekly change).Valuation Update With 7 Day Price Move • Apr 07Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CN¥25.62, the stock trades at a forward P/E ratio of 25x. Average forward P/E is 30x in the Electronic industry in China. Total returns to shareholders of 96% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥33.93 per share.お知らせ • Mar 31Zhejiang Crystal-Optech Co., Ltd to Report Q1, 2026 Results on Apr 23, 2026Zhejiang Crystal-Optech Co., Ltd announced that they will report Q1, 2026 results on Apr 23, 2026Buy Or Sell Opportunity • Mar 03Now 22% undervaluedOver the last 90 days, the stock has risen 7.4% to CN¥26.56. The fair value is estimated to be CN¥34.05, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 18% over the last 3 years. Earnings per share has grown by 31%. For the next 3 years, revenue is forecast to grow by 16% per annum. Earnings are also forecast to grow by 18% per annum over the same time period.Valuation Update With 7 Day Price Move • Feb 09Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CN¥27.02, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 33x in the Electronic industry in China. Total returns to shareholders of 116% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥33.70 per share.Buy Or Sell Opportunity • Feb 06Now 22% undervaluedOver the last 90 days, the stock has risen 8.0% to CN¥26.55. The fair value is estimated to be CN¥33.85, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 18% over the last 3 years. Earnings per share has grown by 31%. For the next 3 years, revenue is forecast to grow by 16% per annum. Earnings are also forecast to grow by 18% per annum over the same time period.Buy Or Sell Opportunity • Jan 13Now 23% undervalued after recent price dropOver the last 90 days, the stock has fallen 1.3% to CN¥25.22. The fair value is estimated to be CN¥32.70, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 18% over the last 3 years. Earnings per share has grown by 31%. For the next 3 years, revenue is forecast to grow by 16% per annum. Earnings are also forecast to grow by 17% per annum over the same time period.お知らせ • Dec 31Zhejiang Crystal-Optech Co., Ltd to Report Fiscal Year 2025 Results on Apr 18, 2026Zhejiang Crystal-Optech Co., Ltd announced that they will report fiscal year 2025 results on Apr 18, 2026Buy Or Sell Opportunity • Nov 21Now 22% undervalued after recent price dropOver the last 90 days, the stock has fallen 11% to CN¥22.48. The fair value is estimated to be CN¥28.68, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 18% over the last 3 years. Earnings per share has grown by 31%. For the next 3 years, revenue is forecast to grow by 16% per annum. Earnings are also forecast to grow by 18% per annum over the same time period.Major Estimate Revision • Nov 03Consensus EPS estimates fall by 10%The consensus outlook for fiscal year 2025 has been updated. 2025 EPS estimate fell from CN¥0.88 to CN¥0.79 per share. Revenue forecast steady at CN¥7.28b. Net income forecast to grow 21% next year vs 48% growth forecast for Electronic industry in China. Consensus price target broadly unchanged at CN¥30.24. Share price was steady at CN¥25.17 over the past week.Reported Earnings • Oct 28Third quarter 2025 earnings: EPS and revenues miss analyst expectationsThird quarter 2025 results: EPS: CN¥0.35 (up from CN¥0.32 in 3Q 2024). Revenue: CN¥2.10b (up 2.3% from 3Q 2024). Net income: CN¥482.6m (up 11% from 3Q 2024). Profit margin: 23% (up from 21% in 3Q 2024). Revenue missed analyst estimates by 8.3%. Earnings per share (EPS) also missed analyst estimates by 1.7%. Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 21% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has increased by 31% per year whereas the company’s share price has increased by 27% per year.Buy Or Sell Opportunity • Oct 14Now 21% undervaluedOver the last 90 days, the stock has risen 24% to CN¥24.51. The fair value is estimated to be CN¥30.96, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 19% over the last 3 years. Earnings per share has grown by 30%. For the next 3 years, revenue is forecast to grow by 15% per annum. Earnings are also forecast to grow by 18% per annum over the same time period.お知らせ • Sep 30Zhejiang Crystal-Optech Co., Ltd to Report Q3, 2025 Results on Oct 28, 2025Zhejiang Crystal-Optech Co., Ltd announced that they will report Q3, 2025 results on Oct 28, 2025Buy Or Sell Opportunity • Sep 03Now 20% undervaluedOver the last 90 days, the stock has risen 31% to CN¥25.43. The fair value is estimated to be CN¥31.97, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 19% over the last 3 years. Earnings per share has grown by 30%. For the next 3 years, revenue is forecast to grow by 15% per annum. Earnings are also forecast to grow by 18% per annum over the same time period.Price Target Changed • Aug 31Price target increased by 8.4% to CN¥27.65Up from CN¥25.50, the current price target is an average from 6 analysts. New target price is approximately in line with last closing price of CN¥27.82. Stock is up 56% over the past year. The company is forecast to post earnings per share of CN¥0.84 for next year compared to CN¥0.75 last year.Reported Earnings • Aug 28Second quarter 2025 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2025 results: EPS: CN¥0.21 (up from CN¥0.18 in 2Q 2024). Revenue: CN¥1.54b (up 17% from 2Q 2024). Net income: CN¥279.8m (up 13% from 2Q 2024). Profit margin: 18% (in line with 2Q 2024). Revenue exceeded analyst estimates by 4.3%. Earnings per share (EPS) also surpassed analyst estimates by 13%. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has increased by 30% per year whereas the company’s share price has increased by 29% per year.Valuation Update With 7 Day Price Move • Aug 21Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CN¥25.37, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 32x in the Electronic industry in China. Total returns to shareholders of 98% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥30.05 per share.お知らせ • Jul 02Zhejiang Crystal-Optech Co., Ltd to Report First Half, 2025 Results on Aug 20, 2025Zhejiang Crystal-Optech Co., Ltd announced that they will report first half, 2025 results on Aug 20, 2025Reported Earnings • Apr 11Full year 2024 earnings: EPS in line with expectations, revenues disappointFull year 2024 results: EPS: CN¥0.75 (up from CN¥0.43 in FY 2023). Revenue: CN¥6.28b (up 24% from FY 2023). Net income: CN¥1.03b (up 72% from FY 2023). Profit margin: 16% (up from 12% in FY 2023). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 3.7%. Earnings per share (EPS) were mostly in line with analyst estimates. Revenue is forecast to grow 17% p.a. on average during the next 2 years, compared to a 17% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has only increased by 22% per year, which means it is significantly lagging earnings growth.お知らせ • Apr 11Zhejiang Crystal-Optech Co., Ltd Proposes Final Cash Dividend for 2024Zhejiang Crystal-Optech Co. Ltd. announced on 10 April 2025 the profit distribution proposal for 2024 as follows: Cash dividend per 10 shares (tax included) of CNY 2.00000000.お知らせ • Apr 10Zhejiang Crystal-Optech Co., Ltd, Annual General Meeting, May 08, 2025Zhejiang Crystal-Optech Co., Ltd, Annual General Meeting, May 08, 2025, at 14:00 China Standard Time. Location: No. 2198, East Section of Kaifa Avenue, Jiaojiang District, Taizhou, Zhejiang ChinaValuation Update With 7 Day Price Move • Apr 07Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to CN¥18.59, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 27x in the Electronic industry in China. Total returns to shareholders of 100% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥13.19 per share.お知らせ • Mar 31Zhejiang Crystal-Optech Co., Ltd to Report Q1, 2025 Results on Apr 25, 2025Zhejiang Crystal-Optech Co., Ltd announced that they will report Q1, 2025 results on Apr 25, 2025Valuation Update With 7 Day Price Move • Feb 25Investor sentiment improves as stock rises 17%After last week's 17% share price gain to CN¥26.13, the stock trades at a forward P/E ratio of 30x. Average forward P/E is 30x in the Electronic industry in China. Total returns to shareholders of 98% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥15.69 per share.Buy Or Sell Opportunity • Jan 14Now 24% overvalued after recent price riseOver the last 90 days, the stock has risen 14% to CN¥20.55. The fair value is estimated to be CN¥16.55, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 17% over the last 3 years. Earnings per share has grown by 21%. Revenue is forecast to grow by 33% in 2 years. Earnings are forecast to grow by 32% in the next 2 years.お知らせ • Dec 31Zhejiang Crystal-Optech Co., Ltd to Report Fiscal Year 2024 Results on Apr 10, 2025Zhejiang Crystal-Optech Co., Ltd announced that they will report fiscal year 2024 results on Apr 10, 2025Valuation Update With 7 Day Price Move • Nov 04Investor sentiment improves as stock rises 15%After last week's 15% share price gain to CN¥22.28, the stock trades at a forward P/E ratio of 26x. Average forward P/E is 24x in the Electronic industry in China. Total returns to shareholders of 44% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥13.13 per share.Price Target Changed • Nov 02Price target increased by 8.2% to CN¥22.61Up from CN¥20.89, the current price target is an average from 7 analysts. New target price is approximately in line with last closing price of CN¥22.28. Stock is up 62% over the past year. The company is forecast to post earnings per share of CN¥0.75 for next year compared to CN¥0.43 last year.Buy Or Sell Opportunity • Oct 18Now 25% overvalued after recent price riseOver the last 90 days, the stock has risen 1.1% to CN¥19.12. The fair value is estimated to be CN¥15.26, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 15% over the last 3 years. Earnings per share has grown by 13%. Revenue is forecast to grow by 36% in 2 years. Earnings are forecast to grow by 35% in the next 2 years.Valuation Update With 7 Day Price Move • Sep 30Investor sentiment improves as stock rises 20%After last week's 20% share price gain to CN¥18.93, the stock trades at a forward P/E ratio of 26x. Average forward P/E is 21x in the Electronic industry in China. Total returns to shareholders of 38% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥15.32 per share.Buy Or Sell Opportunity • Sep 30Now 24% overvalued after recent price riseOver the last 90 days, the stock has risen 7.8% to CN¥18.93. The fair value is estimated to be CN¥15.32, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 15% over the last 3 years. Earnings per share has grown by 13%. Revenue is forecast to grow by 37% in 2 years. Earnings are forecast to grow by 32% in the next 2 years.お知らせ • Sep 30Zhejiang Crystal-Optech Co., Ltd to Report Q3, 2024 Results on Oct 29, 2024Zhejiang Crystal-Optech Co., Ltd announced that they will report Q3, 2024 results on Oct 29, 2024お知らせ • Sep 11Zhejiang Crystal-Optech Co., Ltd Approves Interim Dividend for the Year 2024Zhejiang Crystal-Optech Co. Ltd. approved at its EGM held on 09 September 2024 the interim cash dividend/10 shares (tax included) of CNY 1.00000000 for the year 2024.New Risk • Sep 02New 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 Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (7.0% average weekly change). Large one-off items impacting financial results.お知らせ • Aug 24Zhejiang Crystal-Optech Co., Ltd Proposes Interim Dividend for the First Half of 2024Zhejiang Crystal-Optech Co. Ltd. proposed interim dividend of CNY 1.00 per 10 shares for the first half of 2024.New Risk • Aug 23New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 22% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results.Reported Earnings • Aug 22Second quarter 2024 earnings: EPS exceeds analyst expectations while revenues lag behindSecond quarter 2024 results: EPS: CN¥0.18 (up from CN¥0.06 in 2Q 2023). Revenue: CN¥1.31b (up 34% from 2Q 2023). Net income: CN¥248.1m (up 193% from 2Q 2023). Profit margin: 19% (up from 8.7% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 10%. Earnings per share (EPS) exceeded analyst estimates by 16%. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has increased by 13% per year whereas the company’s share price has increased by 9% per year.Price Target Changed • Jul 15Price target increased by 8.7% to CN¥19.68Up from CN¥18.10, the current price target is an average from 7 analysts. New target price is approximately in line with last closing price of CN¥20.12. Stock is up 68% over the past year. The company is forecast to post earnings per share of CN¥0.62 for next year compared to CN¥0.43 last year.Price Target Changed • Jul 12Price target increased by 9.8% to CN¥18.97Up from CN¥17.28, the current price target is an average from 7 analysts. New target price is approximately in line with last closing price of CN¥19.53. Stock is up 64% over the past year. The company is forecast to post earnings per share of CN¥0.59 for next year compared to CN¥0.43 last year.Valuation Update With 7 Day Price Move • Jul 11Investor sentiment improves as stock rises 18%After last week's 18% share price gain to CN¥20.60, the stock trades at a forward P/E ratio of 34x. Average forward P/E is 22x in the Electronic industry in China. Total returns to shareholders of 52% over the past three years.お知らせ • Jun 29Zhejiang Crystal-Optech Co., Ltd to Report First Half, 2024 Results on Aug 22, 2024Zhejiang Crystal-Optech Co., Ltd announced that they will report first half, 2024 results on Aug 22, 2024Reported Earnings • Apr 30First quarter 2024 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2024 results: EPS: CN¥0.13 (up from CN¥0.07 in 1Q 2023). Revenue: CN¥1.35b (up 53% from 1Q 2023). Net income: CN¥178.6m (up 93% from 1Q 2023). Profit margin: 13% (up from 11% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 15%. Earnings per share (EPS) also surpassed analyst estimates by 24%. Revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has increased by 7% per year and the company’s share price has also increased by 7% per year.お知らせ • Mar 30Zhejiang Crystal-Optech Co., Ltd to Report Q1, 2024 Results on Apr 30, 2024Zhejiang Crystal-Optech Co., Ltd announced that they will report Q1, 2024 results on Apr 30, 2024New Risk • Mar 28New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 22% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by cash flows (334% cash payout ratio). Large one-off items impacting financial results.Price Target Changed • Mar 23Price target increased by 11% to CN¥16.14Up from CN¥14.53, the current price target is an average from 5 analysts. New target price is approximately in line with last closing price of CN¥15.55. Stock is up 11% over the past year. The company is forecast to post earnings per share of CN¥0.56 for next year compared to CN¥0.43 last year.お知らせ • Mar 23Zhejiang Crystal-Optech Co., Ltd, Annual General Meeting, Apr 11, 2024Zhejiang Crystal-Optech Co., Ltd, Annual General Meeting, Apr 11, 2024, at 14:00 China Standard Time. Location: No. 2198, East Section of Kaifa Avenue, Jiaojiang District, Taizhou, Zhejiang China Agenda: To consider2023 work report of the board of directors; to consider 2023 work report of the supervisory committee; to consider 2023 annual accounts report; to consider 2023 annual report and its summary; to consider 2023 profit distribution plan; to consider special report on the use of raised funds in 2023; to consider 2024 remuneration plan for directors; to consider reappointment of audit firm; to consider amendments to the work system for independent directors; and to consider other matters.Reported Earnings • Mar 22Full year 2023 earnings: EPS and revenues miss analyst expectationsFull year 2023 results: EPS: CN¥0.43 (up from CN¥0.42 in FY 2022). Revenue: CN¥5.08b (up 16% from FY 2022). Net income: CN¥600.2m (up 4.2% from FY 2022). Profit margin: 12% (down from 13% in FY 2022). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 6.7%. Earnings per share (EPS) also missed analyst estimates by 1.6%. Revenue is forecast to grow 21% p.a. on average during the next 2 years, compared to a 19% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has increased by 13% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • Mar 18Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CN¥14.16, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 23x in the Electronic industry in China. Total returns to shareholders of 38% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥16.54 per share.お知らせ • Feb 08Zhejiang Crystal-Optech Co., Ltd (SZSE:002273) announces an Equity Buyback for CNY 200 million worth of its shares.Zhejiang Crystal-Optech Co., Ltd (SZSE:002273) announces a share repurchase program. Under the program, the company will repurchase not more than CNY 200 million worth of its own shares. The shares will be repurchased at a price not more than CNY 14 per share. The shares will be repurchased for employee stock ownership plans or equity incentives. The plan will be valid for 6 months.Valuation Update With 7 Day Price Move • Feb 02Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to CN¥9.48, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 17x in the Electronic industry in China. Total loss to shareholders of 2.8% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥15.25 per share.Buying Opportunity • Jan 08Now 20% undervaluedOver the last 90 days, the stock is up 5.8%. The fair value is estimated to be CN¥15.35, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years, while earnings per share has been flat. Revenue is forecast to grow by 61% in 2 years. Earnings is forecast to grow by 70% in the next 2 years.お知らせ • Dec 30Zhejiang Crystal-Optech Co., Ltd to Report Fiscal Year 2023 Results on Mar 22, 2024Zhejiang Crystal-Optech Co., Ltd announced that they will report fiscal year 2023 results on Mar 22, 2024Buying Opportunity • Dec 05Now 22% undervaluedOver the last 90 days, the stock is up 14%. The fair value is estimated to be CN¥15.67, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years, while earnings per share has been flat. Revenue is forecast to grow by 62% in 2 years. Earnings is forecast to grow by 74% in the next 2 years.New Risk • Nov 07New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 45% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Paying a dividend despite having no free cash flows. Large one-off items impacting financial results.Valuation Update With 7 Day Price Move • Oct 30Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CN¥14.20, the stock trades at a forward P/E ratio of 26x. Average forward P/E is 20x in the Electronic industry in China. Total returns to shareholders of 20% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥15.72 per share.Reported Earnings • Oct 21Third quarter 2023 earnings: EPS exceeds analyst expectations while revenues lag behindThird quarter 2023 results: EPS: CN¥0.17 (up from CN¥0.17 in 3Q 2022). Revenue: CN¥1.70b (up 29% from 3Q 2022). Net income: CN¥260.4m (up 11% from 3Q 2022). Profit margin: 15% (down from 18% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 4.7%. Earnings per share (EPS) exceeded analyst estimates by 3.7%. Revenue is forecast to grow 23% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has increased by 2% 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 • Sep 30Zhejiang Crystal-Optech Co., Ltd to Report Q3, 2023 Results on Oct 28, 2023Zhejiang Crystal-Optech Co., Ltd announced that they will report Q3, 2023 results at 3:00 PM, China Standard Time on Oct 28, 2023Price Target Changed • Sep 02Price target decreased by 10% to CN¥15.18Down from CN¥16.91, the current price target is an average from 6 analysts. New target price is 43% above last closing price of CN¥10.64. Stock is down 21% over the past year. The company is forecast to post earnings per share of CN¥0.52 for next year compared to CN¥0.42 last year.Price Target Changed • Aug 31Price target decreased by 8.9% to CN¥15.77Down from CN¥17.31, the current price target is an average from 5 analysts. New target price is 49% above last closing price of CN¥10.60. Stock is down 18% over the past year. The company is forecast to post earnings per share of CN¥0.49 for next year compared to CN¥0.42 last year.Reported Earnings • Aug 30Second quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behindSecond quarter 2023 results: EPS: CN¥0.06 (down from CN¥0.10 in 2Q 2022). Revenue: CN¥976.9m (up 4.1% from 2Q 2022). Net income: CN¥84.6m (down 36% from 2Q 2022). Profit margin: 8.7% (down from 14% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 3.2%. Earnings per share (EPS) missed analyst estimates by 33%. Revenue is forecast to grow 24% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings.お知らせ • May 10Zhejiang Crystal-Optech Co., Ltd Announces Final Dividend on A Shares for the Year 2022, Payable on May 16, 2023Zhejiang Crystal-Optech Co. Ltd. announced final cash dividend/10 shares (tax included) of CNY 2.00000000 on A shares for the year 2022. Record date is May 15, 2023. Ex-date is May 16, 2023. Payment date is May 16, 2023.Reported Earnings • Apr 12Full year 2022 earnings: EPS and revenues miss analyst expectationsFull year 2022 results: EPS: CN¥0.42 (up from CN¥0.34 in FY 2021). Revenue: CN¥4.38b (up 15% from FY 2021). Net income: CN¥576.2m (up 30% from FY 2021). Profit margin: 13% (up from 12% in FY 2021). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 5.0%. Earnings per share (EPS) also missed analyst estimates by 1.5%. Revenue is forecast to grow 24% p.a. on average during the next 2 years, compared to a 18% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has fallen by 4% per year whereas the company’s share price has remained flat.Board Change • Nov 16High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Non-Independent Director Zhenyu Wang was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.お知らせ • Oct 26Zhejiang Crystal-Optech Co., Ltd (SZSE:002273) announces an Equity Buyback for CNY 150 million worth of its shares.Zhejiang Crystal-Optech Co., Ltd (SZSE:002273) announces a share repurchase program. Under the program, the company will repurchase not more than CNY 150 million worth of its own shares. The shares will be repurchased at a price not more than CNY 14 per share. The shares will be repurchased for employee stock ownership plans or equity incentives. The plan will be valid for 6 months.Reported Earnings • Oct 25Third quarter 2022 earnings: EPS exceeds analyst expectationsThird quarter 2022 results: EPS: CN¥0.17 (up from CN¥0.14 in 3Q 2021). Revenue: CN¥1.32b (up 16% from 3Q 2021). Net income: CN¥234.7m (up 31% from 3Q 2021). Profit margin: 18% (up from 16% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 22% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has fallen by 5% per year whereas the company’s share price has fallen by 7% per year.Valuation Update With 7 Day Price Move • Oct 17Investor sentiment improved over the past weekAfter last week's 15% share price gain to CN¥11.80, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 20x in the Electronic industry in China. Total loss to shareholders of 13% over the past three years.Price Target Changed • Aug 19Price target increased to CN¥15.32Up from CN¥13.95, the current price target is an average from 3 analysts. New target price is 6.3% above last closing price of CN¥14.41. Stock is up 6.0% over the past year. The company is forecast to post earnings per share of CN¥0.40 for next year compared to CN¥0.34 last year.Reported Earnings • Aug 18Second quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behindSecond quarter 2022 results: EPS: CN¥0.10 (up from CN¥0.061 in 2Q 2021). Revenue: CN¥938.0m (up 9.8% from 2Q 2021). Net income: CN¥131.4m (up 67% from 2Q 2021). Profit margin: 14% (up from 9.2% in 2Q 2021). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 15%. Earnings per share (EPS) exceeded analyst estimates by 67%. Over the next year, revenue is forecast to grow 32%, compared to a 26% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings.Price Target Changed • Apr 27Price target decreased to CN¥13.18Down from CN¥16.03, the current price target is an average from 2 analysts. New target price is 46% above last closing price of CN¥9.05. Stock is down 24% over the past year. The company is forecast to post earnings per share of CN¥0.41 for next year compared to CN¥0.34 last year.Board Change • Apr 27High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Non-Independent Director Zhenyu Wang was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.お知らせ • Apr 12Zhejiang Crystal-Optech Co. Ltd Approves the Cash Dividend for the Year 2021Zhejiang Crystal-Optech Co. Ltd. at its AGM held on April 8, 2022, approved the cash dividend/10 shares (tax included): CNY 2.00000000 for the year 2021.Price Target Changed • Mar 17Price target decreased to CN¥14.35Down from CN¥16.03, the current price target is an average from 2 analysts. New target price is 25% above last closing price of CN¥11.52. Stock is up 11% over the past year. The company is forecast to post earnings per share of CN¥0.43 for next year compared to CN¥0.34 last year.Reported Earnings • Mar 10Full year 2021 earnings: EPS and revenues miss analyst expectationsFull year 2021 results: EPS: CN¥0.34 (down from CN¥0.37 in FY 2020). Revenue: CN¥3.81b (up 18% from FY 2020). Net income: CN¥442.2m (flat on FY 2020). Profit margin: 12% (down from 14% in FY 2020). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 12%. Earnings per share (EPS) also missed analyst estimates by 21%. Over the next year, revenue is forecast to grow 39%, compared to a 26% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has fallen by 4% 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 • Feb 12Zhejiang Crystal-Optech Co., Ltd (SZSE:002273) announces an Equity Buyback for CNY 200 million worth of its shares.Zhejiang Crystal-Optech Co., Ltd (SZSE:002273) announces a share repurchase program. Under the program, the company will repurchase not more than CNY 200 million worth of its own shr The shares will be repurchased at a price not more than CNY 15.5 per share. The shares will be repurchased for employee stock ownership plans or equity incentives. The plan will be valid for 6 months.業績と収益の成長予測SZSE:002273 - 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12/31/202812,1792,3531,3062,601412/31/202710,0511,8331,1592,346812/31/20268,4941,4895692,27883/31/20267,1671,1984791,555N/A12/31/20256,9281,1726001,347N/A9/30/20256,6911,1524461,221N/A6/30/20256,6431,1049331,586N/A3/31/20256,4151,0729021,601N/A12/31/20246,2781,0308631,787N/A9/30/20246,2371,0241,0602,156N/A6/30/20245,8778495381,648N/A3/31/20245,5456862941,446N/A12/31/20235,0766001241,230N/A9/30/20234,723534-303842N/A6/30/20234,345508-229904N/A3/31/20234,306555-115915N/A1/1/20234,376576-141842N/A9/30/20224,156569-237748N/A6/30/20223,973513-320705N/A3/31/20223,889460-419625N/A12/31/20213,809442-195709N/A9/30/20213,819484-211467N/A6/30/20213,578439-206472N/A3/31/20213,493460-26626N/A12/31/20203,223443-24543N/A9/30/20203,19444468792N/A6/30/20203,219512-94687N/A3/31/20203,108513-185633N/A12/31/20193,000491N/A577N/A9/30/20192,758423N/A608N/A6/30/20192,570371N/A582N/A3/31/20192,445468N/A440N/A12/31/20182,326468N/A449N/A9/30/20182,262490N/A153N/A6/30/20182,109459N/A186N/A3/31/20182,061350N/A322N/A12/31/20172,146356N/A363N/A9/30/20172,060354N/A497N/A6/30/20171,962304N/A468N/A3/31/20171,822279N/A412N/A12/31/20161,680254N/A331N/A9/30/20161,494205N/A277N/A6/30/20161,302169N/A232N/A3/31/20161,262154N/A222N/A12/31/20151,182149N/A212N/A9/30/20151,089139N/A216N/A6/30/20151,080154N/A197N/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: 002273の予測収益成長率 (年間22.4% ) は 貯蓄率 ( 2.4% ) を上回っています。収益対市場: 002273の収益 ( 22.4% ) CN市場 ( 27.1% ) よりも低い成長が予測されています。高成長収益: 002273の収益は今後 3 年間で 大幅に 増加すると予想されています。収益対市場: 002273の収益 ( 19.2% ) CN市場 ( 16.3% ) よりも速いペースで成長すると予測されています。高い収益成長: 002273の収益 ( 19.2% ) 20%よりも低い成長が予測されています。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: 002273の 自己資本利益率 は、3年後には低くなると予測されています ( 18.2 %)。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2026/05/29 11:16終値2026/05/29 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 Crystal-Optech Co., Ltd 8 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。21 アナリスト機関Kexin ZhuBofA Global ResearchChi Man WongChina Galaxy International Securities (Hong Kong)Feng GaoChina Galaxy Securities Co., Ltd.18 その他のアナリストを表示
Price Target Changed • Apr 23Price target increased by 8.9% to CN¥32.93Up from CN¥30.24, the current price target is an average from 6 analysts. New target price is approximately in line with last closing price of CN¥33.48. Stock is up 81% over the past year. The company is forecast to post earnings per share of CN¥1.07 for next year compared to CN¥0.86 last year.
Major Estimate Revision • Nov 03Consensus EPS estimates fall by 10%The consensus outlook for fiscal year 2025 has been updated. 2025 EPS estimate fell from CN¥0.88 to CN¥0.79 per share. Revenue forecast steady at CN¥7.28b. Net income forecast to grow 21% next year vs 48% growth forecast for Electronic industry in China. Consensus price target broadly unchanged at CN¥30.24. Share price was steady at CN¥25.17 over the past week.
Price Target Changed • Aug 31Price target increased by 8.4% to CN¥27.65Up from CN¥25.50, the current price target is an average from 6 analysts. New target price is approximately in line with last closing price of CN¥27.82. Stock is up 56% over the past year. The company is forecast to post earnings per share of CN¥0.84 for next year compared to CN¥0.75 last year.
Price Target Changed • Nov 02Price target increased by 8.2% to CN¥22.61Up from CN¥20.89, the current price target is an average from 7 analysts. New target price is approximately in line with last closing price of CN¥22.28. Stock is up 62% over the past year. The company is forecast to post earnings per share of CN¥0.75 for next year compared to CN¥0.43 last year.
Price Target Changed • Jul 15Price target increased by 8.7% to CN¥19.68Up from CN¥18.10, the current price target is an average from 7 analysts. New target price is approximately in line with last closing price of CN¥20.12. Stock is up 68% over the past year. The company is forecast to post earnings per share of CN¥0.62 for next year compared to CN¥0.43 last year.
Price Target Changed • Jul 12Price target increased by 9.8% to CN¥18.97Up from CN¥17.28, the current price target is an average from 7 analysts. New target price is approximately in line with last closing price of CN¥19.53. Stock is up 64% over the past year. The company is forecast to post earnings per share of CN¥0.59 for next year compared to CN¥0.43 last year.
お知らせ • 17hZhejiang Crystal-Optech Co., Ltd Announces 2025 Final Profit Distribution Plan on A Shares, Payable on 03 June 2026Zhejiang Crystal-Optech Co. Ltd. announced 2025 final profit distribution plan to be implemented (A shares) of CNY 2.00000000 per share. Record date: 02 June 2026. Ex-date: 03 June 2026. Payment date: 03 June 2026.
Valuation Update With 7 Day Price Move • May 28Investor sentiment improves as stock rises 19%After last week's 19% share price gain to CN¥43.73, the stock trades at a forward P/E ratio of 39x. Average forward P/E is 40x in the Electronic industry in China. Total returns to shareholders of 282% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥30.49 per share.
Valuation Update With 7 Day Price Move • May 12Investor sentiment improves as stock rises 15%After last week's 15% share price gain to CN¥37.99, the stock trades at a forward P/E ratio of 34x. Average forward P/E is 36x in the Electronic industry in China. Total returns to shareholders of 247% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥30.57 per share.
Buy Or Sell Opportunity • May 11Now 23% overvalued after recent price riseOver the last 90 days, the stock has risen 40% to CN¥37.74. The fair value is estimated to be CN¥30.70, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 17% over the last 3 years. Earnings per share has grown by 31%. For the next 3 years, revenue is forecast to grow by 19% per annum. Earnings are also forecast to grow by 22% per annum over the same time period.
Price Target Changed • Apr 23Price target increased by 8.9% to CN¥32.93Up from CN¥30.24, the current price target is an average from 6 analysts. New target price is approximately in line with last closing price of CN¥33.48. Stock is up 81% over the past year. The company is forecast to post earnings per share of CN¥1.07 for next year compared to CN¥0.86 last year.
お知らせ • Apr 20Zhejiang Crystal-Optech Co., Ltd, Annual General Meeting, May 21, 2026Zhejiang Crystal-Optech Co., Ltd, Annual General Meeting, May 21, 2026, at 13:30 China Standard Time. Location: No. 2198, East Section of Kaifa Avenue, Jiaojiang District, Taizhou, Zhejiang China
Reported Earnings • Apr 18Full year 2025 earnings: EPS and revenues miss analyst expectationsFull year 2025 results: EPS: CN¥0.86 (up from CN¥0.75 in FY 2024). Revenue: CN¥6.93b (up 10% from FY 2024). Net income: CN¥1.17b (up 14% from FY 2024). Profit margin: 17% (in line with FY 2024). Revenue missed analyst estimates by 3.5%. Earnings per share (EPS) also missed analyst estimates by 2.5%. Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 24% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has increased by 31% per year and the company’s share price has also increased by 31% per year.
New Risk • Apr 08New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 8.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by cash flows (93% cash payout ratio). Share price has been volatile over the past 3 months (8.2% average weekly change).
Valuation Update With 7 Day Price Move • Apr 07Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CN¥25.62, the stock trades at a forward P/E ratio of 25x. Average forward P/E is 30x in the Electronic industry in China. Total returns to shareholders of 96% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥33.93 per share.
お知らせ • Mar 31Zhejiang Crystal-Optech Co., Ltd to Report Q1, 2026 Results on Apr 23, 2026Zhejiang Crystal-Optech Co., Ltd announced that they will report Q1, 2026 results on Apr 23, 2026
Buy Or Sell Opportunity • Mar 03Now 22% undervaluedOver the last 90 days, the stock has risen 7.4% to CN¥26.56. The fair value is estimated to be CN¥34.05, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 18% over the last 3 years. Earnings per share has grown by 31%. For the next 3 years, revenue is forecast to grow by 16% per annum. Earnings are also forecast to grow by 18% per annum over the same time period.
Valuation Update With 7 Day Price Move • Feb 09Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CN¥27.02, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 33x in the Electronic industry in China. Total returns to shareholders of 116% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥33.70 per share.
Buy Or Sell Opportunity • Feb 06Now 22% undervaluedOver the last 90 days, the stock has risen 8.0% to CN¥26.55. The fair value is estimated to be CN¥33.85, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 18% over the last 3 years. Earnings per share has grown by 31%. For the next 3 years, revenue is forecast to grow by 16% per annum. Earnings are also forecast to grow by 18% per annum over the same time period.
Buy Or Sell Opportunity • Jan 13Now 23% undervalued after recent price dropOver the last 90 days, the stock has fallen 1.3% to CN¥25.22. The fair value is estimated to be CN¥32.70, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 18% over the last 3 years. Earnings per share has grown by 31%. For the next 3 years, revenue is forecast to grow by 16% per annum. Earnings are also forecast to grow by 17% per annum over the same time period.
お知らせ • Dec 31Zhejiang Crystal-Optech Co., Ltd to Report Fiscal Year 2025 Results on Apr 18, 2026Zhejiang Crystal-Optech Co., Ltd announced that they will report fiscal year 2025 results on Apr 18, 2026
Buy Or Sell Opportunity • Nov 21Now 22% undervalued after recent price dropOver the last 90 days, the stock has fallen 11% to CN¥22.48. The fair value is estimated to be CN¥28.68, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 18% over the last 3 years. Earnings per share has grown by 31%. For the next 3 years, revenue is forecast to grow by 16% per annum. Earnings are also forecast to grow by 18% per annum over the same time period.
Major Estimate Revision • Nov 03Consensus EPS estimates fall by 10%The consensus outlook for fiscal year 2025 has been updated. 2025 EPS estimate fell from CN¥0.88 to CN¥0.79 per share. Revenue forecast steady at CN¥7.28b. Net income forecast to grow 21% next year vs 48% growth forecast for Electronic industry in China. Consensus price target broadly unchanged at CN¥30.24. Share price was steady at CN¥25.17 over the past week.
Reported Earnings • Oct 28Third quarter 2025 earnings: EPS and revenues miss analyst expectationsThird quarter 2025 results: EPS: CN¥0.35 (up from CN¥0.32 in 3Q 2024). Revenue: CN¥2.10b (up 2.3% from 3Q 2024). Net income: CN¥482.6m (up 11% from 3Q 2024). Profit margin: 23% (up from 21% in 3Q 2024). Revenue missed analyst estimates by 8.3%. Earnings per share (EPS) also missed analyst estimates by 1.7%. Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 21% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has increased by 31% per year whereas the company’s share price has increased by 27% per year.
Buy Or Sell Opportunity • Oct 14Now 21% undervaluedOver the last 90 days, the stock has risen 24% to CN¥24.51. The fair value is estimated to be CN¥30.96, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 19% over the last 3 years. Earnings per share has grown by 30%. For the next 3 years, revenue is forecast to grow by 15% per annum. Earnings are also forecast to grow by 18% per annum over the same time period.
お知らせ • Sep 30Zhejiang Crystal-Optech Co., Ltd to Report Q3, 2025 Results on Oct 28, 2025Zhejiang Crystal-Optech Co., Ltd announced that they will report Q3, 2025 results on Oct 28, 2025
Buy Or Sell Opportunity • Sep 03Now 20% undervaluedOver the last 90 days, the stock has risen 31% to CN¥25.43. The fair value is estimated to be CN¥31.97, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 19% over the last 3 years. Earnings per share has grown by 30%. For the next 3 years, revenue is forecast to grow by 15% per annum. Earnings are also forecast to grow by 18% per annum over the same time period.
Price Target Changed • Aug 31Price target increased by 8.4% to CN¥27.65Up from CN¥25.50, the current price target is an average from 6 analysts. New target price is approximately in line with last closing price of CN¥27.82. Stock is up 56% over the past year. The company is forecast to post earnings per share of CN¥0.84 for next year compared to CN¥0.75 last year.
Reported Earnings • Aug 28Second quarter 2025 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2025 results: EPS: CN¥0.21 (up from CN¥0.18 in 2Q 2024). Revenue: CN¥1.54b (up 17% from 2Q 2024). Net income: CN¥279.8m (up 13% from 2Q 2024). Profit margin: 18% (in line with 2Q 2024). Revenue exceeded analyst estimates by 4.3%. Earnings per share (EPS) also surpassed analyst estimates by 13%. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has increased by 30% per year whereas the company’s share price has increased by 29% per year.
Valuation Update With 7 Day Price Move • Aug 21Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CN¥25.37, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 32x in the Electronic industry in China. Total returns to shareholders of 98% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥30.05 per share.
お知らせ • Jul 02Zhejiang Crystal-Optech Co., Ltd to Report First Half, 2025 Results on Aug 20, 2025Zhejiang Crystal-Optech Co., Ltd announced that they will report first half, 2025 results on Aug 20, 2025
Reported Earnings • Apr 11Full year 2024 earnings: EPS in line with expectations, revenues disappointFull year 2024 results: EPS: CN¥0.75 (up from CN¥0.43 in FY 2023). Revenue: CN¥6.28b (up 24% from FY 2023). Net income: CN¥1.03b (up 72% from FY 2023). Profit margin: 16% (up from 12% in FY 2023). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 3.7%. Earnings per share (EPS) were mostly in line with analyst estimates. Revenue is forecast to grow 17% p.a. on average during the next 2 years, compared to a 17% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has only increased by 22% per year, which means it is significantly lagging earnings growth.
お知らせ • Apr 11Zhejiang Crystal-Optech Co., Ltd Proposes Final Cash Dividend for 2024Zhejiang Crystal-Optech Co. Ltd. announced on 10 April 2025 the profit distribution proposal for 2024 as follows: Cash dividend per 10 shares (tax included) of CNY 2.00000000.
お知らせ • Apr 10Zhejiang Crystal-Optech Co., Ltd, Annual General Meeting, May 08, 2025Zhejiang Crystal-Optech Co., Ltd, Annual General Meeting, May 08, 2025, at 14:00 China Standard Time. Location: No. 2198, East Section of Kaifa Avenue, Jiaojiang District, Taizhou, Zhejiang China
Valuation Update With 7 Day Price Move • Apr 07Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to CN¥18.59, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 27x in the Electronic industry in China. Total returns to shareholders of 100% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥13.19 per share.
お知らせ • Mar 31Zhejiang Crystal-Optech Co., Ltd to Report Q1, 2025 Results on Apr 25, 2025Zhejiang Crystal-Optech Co., Ltd announced that they will report Q1, 2025 results on Apr 25, 2025
Valuation Update With 7 Day Price Move • Feb 25Investor sentiment improves as stock rises 17%After last week's 17% share price gain to CN¥26.13, the stock trades at a forward P/E ratio of 30x. Average forward P/E is 30x in the Electronic industry in China. Total returns to shareholders of 98% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥15.69 per share.
Buy Or Sell Opportunity • Jan 14Now 24% overvalued after recent price riseOver the last 90 days, the stock has risen 14% to CN¥20.55. The fair value is estimated to be CN¥16.55, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 17% over the last 3 years. Earnings per share has grown by 21%. Revenue is forecast to grow by 33% in 2 years. Earnings are forecast to grow by 32% in the next 2 years.
お知らせ • Dec 31Zhejiang Crystal-Optech Co., Ltd to Report Fiscal Year 2024 Results on Apr 10, 2025Zhejiang Crystal-Optech Co., Ltd announced that they will report fiscal year 2024 results on Apr 10, 2025
Valuation Update With 7 Day Price Move • Nov 04Investor sentiment improves as stock rises 15%After last week's 15% share price gain to CN¥22.28, the stock trades at a forward P/E ratio of 26x. Average forward P/E is 24x in the Electronic industry in China. Total returns to shareholders of 44% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥13.13 per share.
Price Target Changed • Nov 02Price target increased by 8.2% to CN¥22.61Up from CN¥20.89, the current price target is an average from 7 analysts. New target price is approximately in line with last closing price of CN¥22.28. Stock is up 62% over the past year. The company is forecast to post earnings per share of CN¥0.75 for next year compared to CN¥0.43 last year.
Buy Or Sell Opportunity • Oct 18Now 25% overvalued after recent price riseOver the last 90 days, the stock has risen 1.1% to CN¥19.12. The fair value is estimated to be CN¥15.26, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 15% over the last 3 years. Earnings per share has grown by 13%. Revenue is forecast to grow by 36% in 2 years. Earnings are forecast to grow by 35% in the next 2 years.
Valuation Update With 7 Day Price Move • Sep 30Investor sentiment improves as stock rises 20%After last week's 20% share price gain to CN¥18.93, the stock trades at a forward P/E ratio of 26x. Average forward P/E is 21x in the Electronic industry in China. Total returns to shareholders of 38% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥15.32 per share.
Buy Or Sell Opportunity • Sep 30Now 24% overvalued after recent price riseOver the last 90 days, the stock has risen 7.8% to CN¥18.93. The fair value is estimated to be CN¥15.32, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 15% over the last 3 years. Earnings per share has grown by 13%. Revenue is forecast to grow by 37% in 2 years. Earnings are forecast to grow by 32% in the next 2 years.
お知らせ • Sep 30Zhejiang Crystal-Optech Co., Ltd to Report Q3, 2024 Results on Oct 29, 2024Zhejiang Crystal-Optech Co., Ltd announced that they will report Q3, 2024 results on Oct 29, 2024
お知らせ • Sep 11Zhejiang Crystal-Optech Co., Ltd Approves Interim Dividend for the Year 2024Zhejiang Crystal-Optech Co. Ltd. approved at its EGM held on 09 September 2024 the interim cash dividend/10 shares (tax included) of CNY 1.00000000 for the year 2024.
New Risk • Sep 02New 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 Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (7.0% average weekly change). Large one-off items impacting financial results.
お知らせ • Aug 24Zhejiang Crystal-Optech Co., Ltd Proposes Interim Dividend for the First Half of 2024Zhejiang Crystal-Optech Co. Ltd. proposed interim dividend of CNY 1.00 per 10 shares for the first half of 2024.
New Risk • Aug 23New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 22% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results.
Reported Earnings • Aug 22Second quarter 2024 earnings: EPS exceeds analyst expectations while revenues lag behindSecond quarter 2024 results: EPS: CN¥0.18 (up from CN¥0.06 in 2Q 2023). Revenue: CN¥1.31b (up 34% from 2Q 2023). Net income: CN¥248.1m (up 193% from 2Q 2023). Profit margin: 19% (up from 8.7% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 10%. Earnings per share (EPS) exceeded analyst estimates by 16%. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has increased by 13% per year whereas the company’s share price has increased by 9% per year.
Price Target Changed • Jul 15Price target increased by 8.7% to CN¥19.68Up from CN¥18.10, the current price target is an average from 7 analysts. New target price is approximately in line with last closing price of CN¥20.12. Stock is up 68% over the past year. The company is forecast to post earnings per share of CN¥0.62 for next year compared to CN¥0.43 last year.
Price Target Changed • Jul 12Price target increased by 9.8% to CN¥18.97Up from CN¥17.28, the current price target is an average from 7 analysts. New target price is approximately in line with last closing price of CN¥19.53. Stock is up 64% over the past year. The company is forecast to post earnings per share of CN¥0.59 for next year compared to CN¥0.43 last year.
Valuation Update With 7 Day Price Move • Jul 11Investor sentiment improves as stock rises 18%After last week's 18% share price gain to CN¥20.60, the stock trades at a forward P/E ratio of 34x. Average forward P/E is 22x in the Electronic industry in China. Total returns to shareholders of 52% over the past three years.
お知らせ • Jun 29Zhejiang Crystal-Optech Co., Ltd to Report First Half, 2024 Results on Aug 22, 2024Zhejiang Crystal-Optech Co., Ltd announced that they will report first half, 2024 results on Aug 22, 2024
Reported Earnings • Apr 30First quarter 2024 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2024 results: EPS: CN¥0.13 (up from CN¥0.07 in 1Q 2023). Revenue: CN¥1.35b (up 53% from 1Q 2023). Net income: CN¥178.6m (up 93% from 1Q 2023). Profit margin: 13% (up from 11% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 15%. Earnings per share (EPS) also surpassed analyst estimates by 24%. Revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has increased by 7% per year and the company’s share price has also increased by 7% per year.
お知らせ • Mar 30Zhejiang Crystal-Optech Co., Ltd to Report Q1, 2024 Results on Apr 30, 2024Zhejiang Crystal-Optech Co., Ltd announced that they will report Q1, 2024 results on Apr 30, 2024
New Risk • Mar 28New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 22% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by cash flows (334% cash payout ratio). Large one-off items impacting financial results.
Price Target Changed • Mar 23Price target increased by 11% to CN¥16.14Up from CN¥14.53, the current price target is an average from 5 analysts. New target price is approximately in line with last closing price of CN¥15.55. Stock is up 11% over the past year. The company is forecast to post earnings per share of CN¥0.56 for next year compared to CN¥0.43 last year.
お知らせ • Mar 23Zhejiang Crystal-Optech Co., Ltd, Annual General Meeting, Apr 11, 2024Zhejiang Crystal-Optech Co., Ltd, Annual General Meeting, Apr 11, 2024, at 14:00 China Standard Time. Location: No. 2198, East Section of Kaifa Avenue, Jiaojiang District, Taizhou, Zhejiang China Agenda: To consider2023 work report of the board of directors; to consider 2023 work report of the supervisory committee; to consider 2023 annual accounts report; to consider 2023 annual report and its summary; to consider 2023 profit distribution plan; to consider special report on the use of raised funds in 2023; to consider 2024 remuneration plan for directors; to consider reappointment of audit firm; to consider amendments to the work system for independent directors; and to consider other matters.
Reported Earnings • Mar 22Full year 2023 earnings: EPS and revenues miss analyst expectationsFull year 2023 results: EPS: CN¥0.43 (up from CN¥0.42 in FY 2022). Revenue: CN¥5.08b (up 16% from FY 2022). Net income: CN¥600.2m (up 4.2% from FY 2022). Profit margin: 12% (down from 13% in FY 2022). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 6.7%. Earnings per share (EPS) also missed analyst estimates by 1.6%. Revenue is forecast to grow 21% p.a. on average during the next 2 years, compared to a 19% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has increased by 13% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • Mar 18Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CN¥14.16, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 23x in the Electronic industry in China. Total returns to shareholders of 38% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥16.54 per share.
お知らせ • Feb 08Zhejiang Crystal-Optech Co., Ltd (SZSE:002273) announces an Equity Buyback for CNY 200 million worth of its shares.Zhejiang Crystal-Optech Co., Ltd (SZSE:002273) announces a share repurchase program. Under the program, the company will repurchase not more than CNY 200 million worth of its own shares. The shares will be repurchased at a price not more than CNY 14 per share. The shares will be repurchased for employee stock ownership plans or equity incentives. The plan will be valid for 6 months.
Valuation Update With 7 Day Price Move • Feb 02Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to CN¥9.48, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 17x in the Electronic industry in China. Total loss to shareholders of 2.8% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥15.25 per share.
Buying Opportunity • Jan 08Now 20% undervaluedOver the last 90 days, the stock is up 5.8%. The fair value is estimated to be CN¥15.35, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years, while earnings per share has been flat. Revenue is forecast to grow by 61% in 2 years. Earnings is forecast to grow by 70% in the next 2 years.
お知らせ • Dec 30Zhejiang Crystal-Optech Co., Ltd to Report Fiscal Year 2023 Results on Mar 22, 2024Zhejiang Crystal-Optech Co., Ltd announced that they will report fiscal year 2023 results on Mar 22, 2024
Buying Opportunity • Dec 05Now 22% undervaluedOver the last 90 days, the stock is up 14%. The fair value is estimated to be CN¥15.67, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years, while earnings per share has been flat. Revenue is forecast to grow by 62% in 2 years. Earnings is forecast to grow by 74% in the next 2 years.
New Risk • Nov 07New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 45% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Paying a dividend despite having no free cash flows. Large one-off items impacting financial results.
Valuation Update With 7 Day Price Move • Oct 30Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CN¥14.20, the stock trades at a forward P/E ratio of 26x. Average forward P/E is 20x in the Electronic industry in China. Total returns to shareholders of 20% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥15.72 per share.
Reported Earnings • Oct 21Third quarter 2023 earnings: EPS exceeds analyst expectations while revenues lag behindThird quarter 2023 results: EPS: CN¥0.17 (up from CN¥0.17 in 3Q 2022). Revenue: CN¥1.70b (up 29% from 3Q 2022). Net income: CN¥260.4m (up 11% from 3Q 2022). Profit margin: 15% (down from 18% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 4.7%. Earnings per share (EPS) exceeded analyst estimates by 3.7%. Revenue is forecast to grow 23% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has increased by 2% 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 • Sep 30Zhejiang Crystal-Optech Co., Ltd to Report Q3, 2023 Results on Oct 28, 2023Zhejiang Crystal-Optech Co., Ltd announced that they will report Q3, 2023 results at 3:00 PM, China Standard Time on Oct 28, 2023
Price Target Changed • Sep 02Price target decreased by 10% to CN¥15.18Down from CN¥16.91, the current price target is an average from 6 analysts. New target price is 43% above last closing price of CN¥10.64. Stock is down 21% over the past year. The company is forecast to post earnings per share of CN¥0.52 for next year compared to CN¥0.42 last year.
Price Target Changed • Aug 31Price target decreased by 8.9% to CN¥15.77Down from CN¥17.31, the current price target is an average from 5 analysts. New target price is 49% above last closing price of CN¥10.60. Stock is down 18% over the past year. The company is forecast to post earnings per share of CN¥0.49 for next year compared to CN¥0.42 last year.
Reported Earnings • Aug 30Second quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behindSecond quarter 2023 results: EPS: CN¥0.06 (down from CN¥0.10 in 2Q 2022). Revenue: CN¥976.9m (up 4.1% from 2Q 2022). Net income: CN¥84.6m (down 36% from 2Q 2022). Profit margin: 8.7% (down from 14% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 3.2%. Earnings per share (EPS) missed analyst estimates by 33%. Revenue is forecast to grow 24% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings.
お知らせ • May 10Zhejiang Crystal-Optech Co., Ltd Announces Final Dividend on A Shares for the Year 2022, Payable on May 16, 2023Zhejiang Crystal-Optech Co. Ltd. announced final cash dividend/10 shares (tax included) of CNY 2.00000000 on A shares for the year 2022. Record date is May 15, 2023. Ex-date is May 16, 2023. Payment date is May 16, 2023.
Reported Earnings • Apr 12Full year 2022 earnings: EPS and revenues miss analyst expectationsFull year 2022 results: EPS: CN¥0.42 (up from CN¥0.34 in FY 2021). Revenue: CN¥4.38b (up 15% from FY 2021). Net income: CN¥576.2m (up 30% from FY 2021). Profit margin: 13% (up from 12% in FY 2021). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 5.0%. Earnings per share (EPS) also missed analyst estimates by 1.5%. Revenue is forecast to grow 24% p.a. on average during the next 2 years, compared to a 18% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has fallen by 4% per year whereas the company’s share price has remained flat.
Board Change • Nov 16High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Non-Independent Director Zhenyu Wang was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
お知らせ • Oct 26Zhejiang Crystal-Optech Co., Ltd (SZSE:002273) announces an Equity Buyback for CNY 150 million worth of its shares.Zhejiang Crystal-Optech Co., Ltd (SZSE:002273) announces a share repurchase program. Under the program, the company will repurchase not more than CNY 150 million worth of its own shares. The shares will be repurchased at a price not more than CNY 14 per share. The shares will be repurchased for employee stock ownership plans or equity incentives. The plan will be valid for 6 months.
Reported Earnings • Oct 25Third quarter 2022 earnings: EPS exceeds analyst expectationsThird quarter 2022 results: EPS: CN¥0.17 (up from CN¥0.14 in 3Q 2021). Revenue: CN¥1.32b (up 16% from 3Q 2021). Net income: CN¥234.7m (up 31% from 3Q 2021). Profit margin: 18% (up from 16% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 22% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has fallen by 5% per year whereas the company’s share price has fallen by 7% per year.
Valuation Update With 7 Day Price Move • Oct 17Investor sentiment improved over the past weekAfter last week's 15% share price gain to CN¥11.80, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 20x in the Electronic industry in China. Total loss to shareholders of 13% over the past three years.
Price Target Changed • Aug 19Price target increased to CN¥15.32Up from CN¥13.95, the current price target is an average from 3 analysts. New target price is 6.3% above last closing price of CN¥14.41. Stock is up 6.0% over the past year. The company is forecast to post earnings per share of CN¥0.40 for next year compared to CN¥0.34 last year.
Reported Earnings • Aug 18Second quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behindSecond quarter 2022 results: EPS: CN¥0.10 (up from CN¥0.061 in 2Q 2021). Revenue: CN¥938.0m (up 9.8% from 2Q 2021). Net income: CN¥131.4m (up 67% from 2Q 2021). Profit margin: 14% (up from 9.2% in 2Q 2021). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 15%. Earnings per share (EPS) exceeded analyst estimates by 67%. Over the next year, revenue is forecast to grow 32%, compared to a 26% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings.
Price Target Changed • Apr 27Price target decreased to CN¥13.18Down from CN¥16.03, the current price target is an average from 2 analysts. New target price is 46% above last closing price of CN¥9.05. Stock is down 24% over the past year. The company is forecast to post earnings per share of CN¥0.41 for next year compared to CN¥0.34 last year.
Board Change • Apr 27High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Non-Independent Director Zhenyu Wang was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
お知らせ • Apr 12Zhejiang Crystal-Optech Co. Ltd Approves the Cash Dividend for the Year 2021Zhejiang Crystal-Optech Co. Ltd. at its AGM held on April 8, 2022, approved the cash dividend/10 shares (tax included): CNY 2.00000000 for the year 2021.
Price Target Changed • Mar 17Price target decreased to CN¥14.35Down from CN¥16.03, the current price target is an average from 2 analysts. New target price is 25% above last closing price of CN¥11.52. Stock is up 11% over the past year. The company is forecast to post earnings per share of CN¥0.43 for next year compared to CN¥0.34 last year.
Reported Earnings • Mar 10Full year 2021 earnings: EPS and revenues miss analyst expectationsFull year 2021 results: EPS: CN¥0.34 (down from CN¥0.37 in FY 2020). Revenue: CN¥3.81b (up 18% from FY 2020). Net income: CN¥442.2m (flat on FY 2020). Profit margin: 12% (down from 14% in FY 2020). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 12%. Earnings per share (EPS) also missed analyst estimates by 21%. Over the next year, revenue is forecast to grow 39%, compared to a 26% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has fallen by 4% 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 • Feb 12Zhejiang Crystal-Optech Co., Ltd (SZSE:002273) announces an Equity Buyback for CNY 200 million worth of its shares.Zhejiang Crystal-Optech Co., Ltd (SZSE:002273) announces a share repurchase program. Under the program, the company will repurchase not more than CNY 200 million worth of its own shr The shares will be repurchased at a price not more than CNY 15.5 per share. The shares will be repurchased for employee stock ownership plans or equity incentives. The plan will be valid for 6 months.