View Future GrowthTongding Interconnection Information 過去の業績過去 基準チェック /06Tongding Interconnection Informationは21.4%の年平均成長率で業績を伸ばしているが、Communications業界はgrowingで3.6%毎年増加している。売上は成長しており、年平均0.4%の割合である。主要情報21.39%収益成長率21.30%EPS成長率Communications 業界の成長12.75%収益成長率0.38%株主資本利益率-4.85%ネット・マージン-4.11%前回の決算情報31 Mar 2026最近の業績更新Reported Earnings • Apr 28Full year 2025 earnings released: CN¥0.062 loss per share (vs CN¥0.063 profit in FY 2024)Full year 2025 results: CN¥0.062 loss per share (down from CN¥0.063 profit in FY 2024). Revenue: CN¥3.41b (up 18% from FY 2024). Net loss: CN¥76.4m (down 199% from profit in FY 2024). Over the last 3 years on average, earnings per share has fallen by 62% per year but the company’s share price has increased by 44% per year, which means it is well ahead of earnings.お知らせ • Mar 31Tongding Interconnection Information Co., Ltd. to Report Q1, 2026 Results on Apr 30, 2026Tongding Interconnection Information Co., Ltd. announced that they will report Q1, 2026 results on Apr 30, 2026お知らせ • Dec 31Tongding Interconnection Information Co., Ltd. to Report Fiscal Year 2025 Results on Apr 29, 2026Tongding Interconnection Information Co., Ltd. announced that they will report fiscal year 2025 results on Apr 29, 2026Reported Earnings • Nov 03Third quarter 2025 earnings released: EPS: CN¥0.02 (vs CN¥0.038 in 3Q 2024)Third quarter 2025 results: EPS: CN¥0.02 (down from CN¥0.038 in 3Q 2024). Revenue: CN¥924.1m (up 27% from 3Q 2024). Net income: CN¥24.1m (down 49% from 3Q 2024). Profit margin: 2.6% (down from 6.5% in 3Q 2024). Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.お知らせ • Sep 30Tongding Interconnection Information Co., Ltd. to Report Q3, 2025 Results on Oct 30, 2025Tongding Interconnection Information Co., Ltd. announced that they will report Q3, 2025 results on Oct 30, 2025お知らせ • Jul 02Tongding Interconnection Information Co., Ltd. to Report First Half, 2025 Results on Aug 29, 2025Tongding Interconnection Information Co., Ltd. announced that they will report first half, 2025 results on Aug 29, 2025すべての更新を表示Recent updatesReported Earnings • Apr 28Full year 2025 earnings released: CN¥0.062 loss per share (vs CN¥0.063 profit in FY 2024)Full year 2025 results: CN¥0.062 loss per share (down from CN¥0.063 profit in FY 2024). Revenue: CN¥3.41b (up 18% from FY 2024). Net loss: CN¥76.4m (down 199% from profit in FY 2024). Over the last 3 years on average, earnings per share has fallen by 62% per year but the company’s share price has increased by 44% per year, which means it is well ahead of earnings.お知らせ • Apr 28Tongding Interconnection Information Co., Ltd., Annual General Meeting, May 18, 2026Tongding Interconnection Information Co., Ltd., Annual General Meeting, May 18, 2026, at 14:30 China Standard Time. Location: The Company's Meeting Room, Suzhou, Jiangsu Chinaお知らせ • Mar 31Tongding Interconnection Information Co., Ltd. to Report Q1, 2026 Results on Apr 30, 2026Tongding Interconnection Information Co., Ltd. announced that they will report Q1, 2026 results on Apr 30, 2026New Risk • Feb 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 7.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (7.4% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.1% net profit margin).お知らせ • Dec 31Tongding Interconnection Information Co., Ltd. to Report Fiscal Year 2025 Results on Apr 29, 2026Tongding Interconnection Information Co., Ltd. announced that they will report fiscal year 2025 results on Apr 29, 2026New Risk • Nov 03New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 0.1% Last year net profit margin: 1.3% 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 (0.1% net profit margin).Reported Earnings • Nov 03Third quarter 2025 earnings released: EPS: CN¥0.02 (vs CN¥0.038 in 3Q 2024)Third quarter 2025 results: EPS: CN¥0.02 (down from CN¥0.038 in 3Q 2024). Revenue: CN¥924.1m (up 27% from 3Q 2024). Net income: CN¥24.1m (down 49% from 3Q 2024). Profit margin: 2.6% (down from 6.5% in 3Q 2024). Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.お知らせ • Sep 30Tongding Interconnection Information Co., Ltd. to Report Q3, 2025 Results on Oct 30, 2025Tongding Interconnection Information Co., Ltd. announced that they will report Q3, 2025 results on Oct 30, 2025New Risk • Sep 12New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 7.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (7.0% average weekly change). Large one-off items impacting financial results.Valuation Update With 7 Day Price Move • Aug 15Investor sentiment improves as stock rises 17%After last week's 17% share price gain to CN¥5.81, the stock trades at a trailing P/E ratio of 30.3x. Average trailing P/E is 74x in the Communications industry in China. Total returns to shareholders of 8.2% over the past three years.New Risk • Jul 16New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 6.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (6.7% average weekly change). Large one-off items impacting financial results.お知らせ • Jul 02Tongding Interconnection Information Co., Ltd. to Report First Half, 2025 Results on Aug 29, 2025Tongding Interconnection Information Co., Ltd. announced that they will report first half, 2025 results on Aug 29, 2025Valuation Update With 7 Day Price Move • Jun 06Investor sentiment improves as stock rises 18%After last week's 18% share price gain to CN¥5.98, the stock trades at a trailing P/E ratio of 31.1x. Average trailing P/E is 68x in the Communications industry in China. Total returns to shareholders of 27% over the past three years.お知らせ • May 20Tongding Interconnection Information Co., Ltd., Annual General Meeting, Jun 10, 2025Tongding Interconnection Information Co., Ltd., Annual General Meeting, Jun 10, 2025, at 14:30 China Standard Time. Location: The Company's Meeting Room, Suzhou, Jiangsu ChinaNew Risk • May 16New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 2.7% Last year net profit margin: 7.1% 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 (2.7% net profit margin).Valuation Update With 7 Day Price Move • May 06Investor sentiment improves as stock rises 18%After last week's 18% share price gain to CN¥4.94, the stock trades at a trailing P/E ratio of 78.6x. Average trailing P/E is 66x in the Communications industry in China. Total returns to shareholders of 16% over the past three years.Reported Earnings • Apr 27Full year 2024 earnings released: EPS: CN¥0.063 (vs CN¥0.19 in FY 2023)Full year 2024 results: EPS: CN¥0.063 (down from CN¥0.19 in FY 2023). Revenue: CN¥2.92b (down 13% from FY 2023). Net income: CN¥77.3m (down 67% from FY 2023). Profit margin: 2.7% (down from 7.1% in FY 2023). Over the last 3 years on average, earnings per share has increased by 89% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.お知らせ • Mar 31Tongding Interconnection Information Co., Ltd. to Report Q1, 2025 Results on Apr 30, 2025Tongding Interconnection Information Co., Ltd. announced that they will report Q1, 2025 results on Apr 30, 2025分析記事 • Mar 25Does Tongding Interconnection Information (SZSE:002491) 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...分析記事 • Feb 10Returns On Capital At Tongding Interconnection Information (SZSE:002491) Have Hit The BrakesIf you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...New Risk • Jan 14New 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 9.2% 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 Share price has been volatile over the past 3 months (9.2% average weekly change). Profit margins are more than 30% lower than last year (1.3% net profit margin).お知らせ • Dec 31Tongding Interconnection Information Co., Ltd. to Report Fiscal Year 2024 Results on Apr 26, 2025Tongding Interconnection Information Co., Ltd. announced that they will report fiscal year 2024 results on Apr 26, 2025分析記事 • Dec 11Is Tongding Interconnection Information (SZSE:002491) A Risky Investment?Warren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...分析記事 • Nov 11Tongding Interconnection Information Co., Ltd. (SZSE:002491) Stock Catapults 25% Though Its Price And Business Still Lag The IndustryTongding Interconnection Information Co., Ltd. ( SZSE:002491 ) shares have continued their recent momentum with a 25...Reported Earnings • Oct 23Third quarter 2024 earnings released: EPS: CN¥0.038 (vs CN¥0.021 loss in 3Q 2023)Third quarter 2024 results: EPS: CN¥0.038 (up from CN¥0.021 loss in 3Q 2023). Revenue: CN¥726.1m (down 18% from 3Q 2023). Net income: CN¥47.0m (up CN¥73.2m from 3Q 2023). Profit margin: 6.5% (up from net loss in 3Q 2023). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 76% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.Buy Or Sell Opportunity • Oct 09Now 21% undervaluedOver the last 90 days, the stock has risen 17% to CN¥3.89. The fair value is estimated to be CN¥4.91, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.8% over the last 3 years. Meanwhile, the company became loss making.お知らせ • Sep 30Tongding Interconnection Information Co., Ltd. to Report Q3, 2024 Results on Oct 23, 2024Tongding Interconnection Information Co., Ltd. announced that they will report Q3, 2024 results on Oct 23, 2024Reported Earnings • Aug 31Second quarter 2024 earnings released: CN¥0.01 loss per share (vs CN¥0.092 profit in 2Q 2023)Second quarter 2024 results: CN¥0.01 loss per share (down from CN¥0.092 profit in 2Q 2023). Revenue: CN¥665.2m (down 29% from 2Q 2023). Net loss: CN¥11.7m (down 110% from profit in 2Q 2023). Over the last 3 years on average, earnings per share has increased by 53% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings.お知らせ • Jun 29Tongding Interconnection Information Co., Ltd. to Report First Half, 2024 Results on Aug 30, 2024Tongding Interconnection Information Co., Ltd. announced that they will report first half, 2024 results on Aug 30, 2024分析記事 • Jun 26Does Tongding Interconnection Information (SZSE:002491) Have A Healthy Balance Sheet?Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...分析記事 • Jun 07What Tongding Interconnection Information Co., Ltd.'s (SZSE:002491) P/E Is Not Telling YouWith a price-to-earnings (or "P/E") ratio of 47.1x Tongding Interconnection Information Co., Ltd. ( SZSE:002491 ) may...お知らせ • May 16Tongding Interconnection Information Co., Ltd., Annual General Meeting, Jun 07, 2024Tongding Interconnection Information Co., Ltd., Annual General Meeting, Jun 07, 2024, at 14:00 China Standard Time. Location: The Company's Meeting Room, Suzhou, Jiangsu China分析記事 • May 03Additional Considerations Required While Assessing Tongding Interconnection Information's (SZSE:002491) Strong EarningsDespite announcing strong earnings, Tongding Interconnection Information Co., Ltd.'s ( SZSE:002491 ) stock was...Reported Earnings • Apr 28Full year 2023 earnings released: EPS: CN¥0.19 (vs CN¥0.10 in FY 2022)Full year 2023 results: EPS: CN¥0.19 (up from CN¥0.10 in FY 2022). Revenue: CN¥3.35b (up 1.0% from FY 2022). Net income: CN¥236.8m (up 89% from FY 2022). Profit margin: 7.1% (up from 3.8% in FY 2022). Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Apr 16Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to CN¥4.09, the stock trades at a trailing P/E ratio of 19.6x. Average trailing P/E is 45x in the Communications industry in China. Negligible returns to shareholders over past three years.お知らせ • Mar 30Tongding Interconnection Information Co., Ltd. to Report Q1, 2024 Results on Apr 30, 2024Tongding Interconnection Information Co., Ltd. announced that they will report Q1, 2024 results on Apr 30, 2024分析記事 • Mar 22Is Tongding Interconnection Information (SZSE:002491) A Risky Investment?Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...分析記事 • Mar 06Tongding Interconnection Information Co., Ltd. (SZSE:002491) Stock Catapults 36% Though Its Price And Business Still Lag The IndustryTongding Interconnection Information Co., Ltd. ( SZSE:002491 ) shareholders are no doubt pleased to see that the share...分析記事 • Feb 27Calculating The Intrinsic Value Of Tongding Interconnection Information Co., Ltd. (SZSE:002491)Key Insights The projected fair value for Tongding Interconnection Information is CN¥4.28 based on 2 Stage Free Cash...Valuation Update With 7 Day Price Move • Feb 23Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CN¥4.61, the stock trades at a trailing P/E ratio of 22.1x. Average trailing P/E is 43x in the Communications industry in China. Total returns to shareholders of 7.5% over the past three years.Valuation Update With 7 Day Price Move • Feb 02Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to CN¥3.97, the stock trades at a trailing P/E ratio of 19.1x. Average trailing P/E is 39x in the Communications industry in China. Total returns to shareholders of 1.3% over the past three years.Buy Or Sell Opportunity • Jan 25Now 23% overvaluedOver the last 90 days, the stock has fallen 16% to CN¥4.79. The fair value is estimated to be CN¥3.91, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company has become profitable.Board Change • Jan 01High number of new directorsThere are 7 new directors who have joined the board in the last 3 years. CFO & Director Danghan Chen was the last director to join the board, commencing their role in 2023. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.お知らせ • Dec 30Tongding Interconnection Information Co., Ltd. to Report Fiscal Year 2023 Results on Apr 27, 2024Tongding Interconnection Information Co., Ltd. announced that they will report fiscal year 2023 results on Apr 27, 2024New Risk • Sep 11New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 24% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 4.9% per year over the past 5 years. Minor Risk Large one-off items impacting financial results.Reported Earnings • Aug 30Second quarter 2023 earnings released: EPS: CN¥0.092 (vs CN¥0.023 loss in 2Q 2022)Second quarter 2023 results: EPS: CN¥0.092 (up from CN¥0.023 loss in 2Q 2022). Revenue: CN¥932.9m (up 13% from 2Q 2022). Net income: CN¥113.1m (up CN¥141.0m from 2Q 2022). Profit margin: 12% (up from net loss in 2Q 2022). The move to profitability was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 87% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.New Risk • Jun 25New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Chinese stocks, typically moving 9.0% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. This is currently the only risk that has been identified for the company.お知らせ • May 23Tongding Interconnection Information Co., Ltd., Annual General Meeting, Jun 12, 2023Tongding Interconnection Information Co., Ltd., Annual General Meeting, Jun 12, 2023, at 14:00 China Standard Time. Agenda: To consider 2022 work report of the board of directors; to consider 2022 work report of the supervisory committee; to consider 2022 annual accounts; to consider 2022 profit distribution plan; to consider 2022 annual report and its summary; to consider 2023 estimated continuing connected transactions; to consider launching hedging business by the Company and wholly-owned subsidiaries in 2023; to consider financing guarantee for subsidiaries; to consider 2023 application for financing quota from financial institutions and relevant authorization; to consider reappointment of 2023 audit firm; to consider accounting policy change; and to consider any other matters.Reported Earnings • Apr 29Full year 2022 earnings released: EPS: CN¥0.10 (vs CN¥0.52 loss in FY 2021)Full year 2022 results: EPS: CN¥0.10 (up from CN¥0.52 loss in FY 2021). Revenue: CN¥3.32b (up 11% from FY 2021). Net income: CN¥125.5m (up CN¥772.2m from FY 2021). Profit margin: 3.8% (up from net loss in FY 2021). Over the last 3 years on average, earnings per share has increased by 76% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.Board Change • Nov 16High number of new and inexperienced directorsThere are 6 new directors who have joined the board in the last 3 years. The company's board is composed of: 6 new directors. 3 experienced directors. No highly experienced directors. Independent Director Zebin Wang is the most experienced director on the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.Board Change • Nov 11High number of new and inexperienced directorsThere are 6 new directors who have joined the board in the last 3 years. The company's board is composed of: 6 new directors. 3 experienced directors. No highly experienced directors. Independent Director Zebin Wang is the most experienced director on the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.Reported Earnings • Oct 28Third quarter 2022 earnings released: EPS: CN¥0.033 (vs CN¥0.04 loss in 3Q 2021)Third quarter 2022 results: EPS: CN¥0.033 (up from CN¥0.04 loss in 3Q 2021). Revenue: CN¥919.3m (up 22% from 3Q 2021). Net income: CN¥41.4m (up CN¥90.7m from 3Q 2021). Profit margin: 4.5% (up from net loss in 3Q 2021). Over the last 3 years on average, earnings per share has increased by 45% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings.Reported Earnings • Aug 29Second quarter 2022 earnings released: CN¥0.023 loss per share (vs CN¥0.069 profit in 2Q 2021)Second quarter 2022 results: CN¥0.023 loss per share (down from CN¥0.069 profit in 2Q 2021). Revenue: CN¥824.8m (up 23% from 2Q 2021). Net loss: CN¥27.8m (down 132% from profit in 2Q 2021). Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings.お知らせ • Jun 09Tongding Interconnection Information Co., Ltd., Annual General Meeting, Jun 27, 2022Tongding Interconnection Information Co., Ltd., Annual General Meeting, Jun 27, 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; to consider 2021 profit distribution plan; to consider 2021 annual report and its summary; to consider 2022 estimated continuing connected transactions; to consider 2022 launching hedging business by the Company and wholly-owned subsidiaries; to consider financing guarantee for subsidiaries; to consider 2022 application for financing quota to financial institutions and relevant authorization; to consider reappointment of 2022 audit firm; and to consider other matters.Reported Earnings • Apr 28Full year 2021 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2021 results: CN¥0.52 loss per share (down from CN¥0.035 profit in FY 2020). Revenue: CN¥2.98b (down 17% from FY 2020). Net loss: CN¥646.7m (down CN¥690.3m from profit in FY 2020). Revenue missed analyst estimates by 6.2%. Earnings per share (EPS) were also behind analyst expectations. Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has fallen by 26% per year, which means it is performing significantly worse than earnings.Reported Earnings • Oct 26Third quarter 2021 earnings released: CN¥0.04 loss per share (vs CN¥0.11 profit in 3Q 2020)The company reported a poor third quarter result with weaker earnings, revenues and control over costs. Third quarter 2021 results: Revenue: CN¥755.1m (down 20% from 3Q 2020). Net loss: CN¥49.4m (down 137% from profit in 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 31% per year but the company’s share price has only fallen by 17% per year, which means it has not declined as severely as earnings.Valuation Update With 7 Day Price Move • Sep 09Investor sentiment improved over the past weekAfter last week's 17% share price gain to CN¥4.46, the stock trades at a forward P/E ratio of 89x. Average forward P/E is 32x in the Communications industry in China. Total loss to shareholders of 49% over the past three years.Reported Earnings • Aug 26Second quarter 2021 earnings released: EPS CN¥0.069 (vs CN¥0.056 loss in 2Q 2020)The company reported a decent second quarter result with improved earnings and profit margins, although revenues were weaker. Second quarter 2021 results: Revenue: CN¥673.0m (down 34% from 2Q 2020). Net income: CN¥86.1m (up CN¥155.5m from 2Q 2020). Profit margin: 13% (up from net loss in 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 55% per year but the company’s share price has only fallen by 27% per year, which means it has not declined as severely as earnings.Reported Earnings • Apr 29Full year 2020 earnings released: EPS CN¥0.035 (vs CN¥1.68 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¥3.59b (up 1.3% from FY 2019). Net income: CN¥43.6m (up CN¥2.17b from FY 2019). Profit margin: 1.2% (up from net loss in FY 2019). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 63 percentage points per year, which is a significant difference in performance.Reported Earnings • Mar 04Full year 2020 earnings released: EPS CN¥0.036 (vs CN¥1.68 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¥3.61b (up 1.9% from FY 2019). Net income: CN¥45.2m (up CN¥2.17b from FY 2019). Profit margin: 1.3% (up from net loss in FY 2019). The move to profitability was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 97% per year but the company’s share price has only fallen by 32% per year, which means it has not declined as severely as earnings.Analyst Estimate Surprise Post Earnings • Mar 04Earnings beat expectations, revenue disappointsRevenue missed analyst estimates by 5.7%. Earnings per share (EPS) exceeded analyst estimates by 140%. Over the next year, revenue is forecast to grow 18%, compared to a 32% growth forecast for the Communications industry in China.Is New 90 Day High Low • Jan 11New 90-day low: CN¥3.86The company is down 25% from its price of CN¥5.17 on 13 October 2020. The Chinese market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Communications industry, which is down 10.0% over the same period.Price Target Changed • Jan 08Price target lowered to CN¥5.63Down from CN¥9.10, the current price target is provided by 1 analyst. The new target price is 43% above the current share price of CN¥3.93. As of last close, the stock is down 44% over the past year.Is New 90 Day High Low • Dec 24New 90-day low: CN¥3.95The company is down 22% from its price of CN¥5.07 on 25 September 2020. The Chinese market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Communications industry, which is down 7.0% over the same period.Is New 90 Day High Low • Dec 07New 90-day low: CN¥4.67The company is down 20% from its price of CN¥5.85 on 08 September 2020. The Chinese market is up 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Communications industry, which is down 7.0% over the same period.Is New 90 Day High Low • Oct 30New 90-day low: CN¥4.97The company is down 6.0% from its price of CN¥5.30 on 31 July 2020. The Chinese market is down 2.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Communications industry, which is down 9.0% over the same period.Reported Earnings • Oct 29Third quarter earnings releasedOver the last 12 months the company has reported total losses of CN¥2.19b, with earnings decreasing by CN¥2.35b from the prior year. Total revenue was CN¥3.44b over the last 12 months, down 14% from the prior year.Is New 90 Day High Low • Sep 24New 90-day low: CN¥5.08The company is down 2.0% from its price of CN¥5.17 on 24 June 2020. The Chinese market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Communications industry, which is up 1.0% over the same period.お知らせ • Sep 21Tongding Interconnection Information Co., Ltd.(XSEC:002491) dropped from FTSE All-World Index (USD)Tongding Interconnection Information Co., Ltd.(XSEC:002491) dropped from FTSE All-World Index (USD)お知らせ • Sep 09Suzhou Wuqi Chuangji Equity Investment Partnership Enterprise (Limited Partnership) completed the acquisition of 6.95% stake in Tongding Interconnection Information Co., Ltd. from TongDing Group Co., Ltd.Suzhou Wuqi Chuangji Equity Investment Partnership Enterprise (Limited Partnership) signed an agreement to acquire 6.95% stake in Tongding Interconnection Information Co., Ltd. from TongDing Group Co., Ltd. for approximately CNY 500 million on April 27, 2020. As per terms of transaction, Wuqi Chuangji Equity will acquire 86.9565 million shares of Tongding Interconnection Information Co., Ltd. at CNY 5.75 per share. On June 29, 2020, the Tongding Interconnection Information Co., Ltd. repurchased and cancelled part of the performance commitment compensation shares. The shares were reduced by 11 million shares and the total share capital was reduced to 1250.463090 million shares. The 86.9565 million shares that TongDing Group Co., Ltd. intends to transfer will now account for 6.95% of the Tongding Interconnection Information Co., Ltd. total share capital, instead of 6.89%. Suzhou Wuqi Chuangji Equity Investment Partnership Enterprise (Limited Partnership) completed the acquisition of 6.95% stake in Tongding Interconnection Information Co., Ltd. from TongDing Group Co., Ltd on September 2, 2020.お知らせ • Aug 13Tongding Interconnection Information Co., Ltd. to Report First Half, 2020 Results on Aug 29, 2020Tongding Interconnection Information Co., Ltd. announced that they will report first half, 2020 results on Aug 29, 2020収支内訳Tongding Interconnection Information の稼ぎ方とお金の使い方。LTMベースの直近の報告された収益に基づく。収益と収入の歴史SZSE:002491 収益、費用、利益 ( )CNY Millions日付収益収益G+A経費研究開発費31 Mar 263,817-15734316331 Dec 253,413-7633016830 Sep 253,159430216430 Jun 252,9612729715931 Mar 252,76523627815031 Dec 242,9157728213130 Sep 242,9333930513030 Jun 243,095-3530014231 Mar 243,3629031315531 Dec 233,32723731416430 Sep 233,44225629017830 Jun 233,47432427617031 Mar 233,36618326216501 Jan 233,31612527316830 Sep 223,218-54533215530 Jun 223,054-63637716231 Mar 222,902-52342517731 Dec 212,977-61043118730 Sep 213,0054239920330 Jun 213,19722641821631 Mar 213,5437040222031 Dec 203,5864440322030 Sep 203,444-2,19571923030 Jun 203,560-2,28271824831 Mar 203,504-2,19975024931 Dec 193,539-2,12378425030 Sep 193,98817950823630 Jun 193,92325146721531 Mar 194,20443446920931 Dec 184,44556543820030 Sep 184,40664041619430 Jun 184,52566431527031 Mar 184,43366134322131 Dec 174,23259537218230 Sep 174,19857138113130 Jun 174,113561526031 Mar 174,052540502031 Dec 164,143539493030 Sep 164,101509483030 Jun 163,941406467031 Mar 163,962317472031 Dec 153,609256442030 Sep 153,498190421030 Jun 153,3261843860質の高い収益: 002491は現在利益が出ていません。利益率の向上: 002491は現在利益が出ていません。フリー・キャッシュフローと収益の比較過去の収益成長分析収益動向: 002491は利益を出していないが、過去 5 年間で年間21.4%の割合で損失を削減してきた。成長の加速: 002491の過去 1 年間の収益成長を 5 年間の平均と比較することはできません。現在は利益が出ていないためです。収益対業界: 002491は利益が出ていないため、過去 1 年間の収益成長をCommunications業界 ( 5.9% ) と比較することは困難です。株主資本利益率高いROE: 002491は現在利益が出ていないため、自己資本利益率 ( -4.85% ) はマイナスです。総資産利益率使用総資本利益率過去の好業績企業の発掘7D1Y7D1Y7D1YTech 、過去の業績が好調な企業。View Financial Health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2026/05/22 11:14終値2026/05/22 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Tongding Interconnection Information 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。7 アナリスト機関Leping HuangChina International Capital Corporation LimitedLi Qian ZhouEverbright Securities Co. Ltd.Jones KuHaitong International Research Limited4 その他のアナリストを表示
Reported Earnings • Apr 28Full year 2025 earnings released: CN¥0.062 loss per share (vs CN¥0.063 profit in FY 2024)Full year 2025 results: CN¥0.062 loss per share (down from CN¥0.063 profit in FY 2024). Revenue: CN¥3.41b (up 18% from FY 2024). Net loss: CN¥76.4m (down 199% from profit in FY 2024). Over the last 3 years on average, earnings per share has fallen by 62% per year but the company’s share price has increased by 44% per year, which means it is well ahead of earnings.
お知らせ • Mar 31Tongding Interconnection Information Co., Ltd. to Report Q1, 2026 Results on Apr 30, 2026Tongding Interconnection Information Co., Ltd. announced that they will report Q1, 2026 results on Apr 30, 2026
お知らせ • Dec 31Tongding Interconnection Information Co., Ltd. to Report Fiscal Year 2025 Results on Apr 29, 2026Tongding Interconnection Information Co., Ltd. announced that they will report fiscal year 2025 results on Apr 29, 2026
Reported Earnings • Nov 03Third quarter 2025 earnings released: EPS: CN¥0.02 (vs CN¥0.038 in 3Q 2024)Third quarter 2025 results: EPS: CN¥0.02 (down from CN¥0.038 in 3Q 2024). Revenue: CN¥924.1m (up 27% from 3Q 2024). Net income: CN¥24.1m (down 49% from 3Q 2024). Profit margin: 2.6% (down from 6.5% in 3Q 2024). Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.
お知らせ • Sep 30Tongding Interconnection Information Co., Ltd. to Report Q3, 2025 Results on Oct 30, 2025Tongding Interconnection Information Co., Ltd. announced that they will report Q3, 2025 results on Oct 30, 2025
お知らせ • Jul 02Tongding Interconnection Information Co., Ltd. to Report First Half, 2025 Results on Aug 29, 2025Tongding Interconnection Information Co., Ltd. announced that they will report first half, 2025 results on Aug 29, 2025
Reported Earnings • Apr 28Full year 2025 earnings released: CN¥0.062 loss per share (vs CN¥0.063 profit in FY 2024)Full year 2025 results: CN¥0.062 loss per share (down from CN¥0.063 profit in FY 2024). Revenue: CN¥3.41b (up 18% from FY 2024). Net loss: CN¥76.4m (down 199% from profit in FY 2024). Over the last 3 years on average, earnings per share has fallen by 62% per year but the company’s share price has increased by 44% per year, which means it is well ahead of earnings.
お知らせ • Apr 28Tongding Interconnection Information Co., Ltd., Annual General Meeting, May 18, 2026Tongding Interconnection Information Co., Ltd., Annual General Meeting, May 18, 2026, at 14:30 China Standard Time. Location: The Company's Meeting Room, Suzhou, Jiangsu China
お知らせ • Mar 31Tongding Interconnection Information Co., Ltd. to Report Q1, 2026 Results on Apr 30, 2026Tongding Interconnection Information Co., Ltd. announced that they will report Q1, 2026 results on Apr 30, 2026
New Risk • Feb 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 7.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (7.4% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.1% net profit margin).
お知らせ • Dec 31Tongding Interconnection Information Co., Ltd. to Report Fiscal Year 2025 Results on Apr 29, 2026Tongding Interconnection Information Co., Ltd. announced that they will report fiscal year 2025 results on Apr 29, 2026
New Risk • Nov 03New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 0.1% Last year net profit margin: 1.3% 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 (0.1% net profit margin).
Reported Earnings • Nov 03Third quarter 2025 earnings released: EPS: CN¥0.02 (vs CN¥0.038 in 3Q 2024)Third quarter 2025 results: EPS: CN¥0.02 (down from CN¥0.038 in 3Q 2024). Revenue: CN¥924.1m (up 27% from 3Q 2024). Net income: CN¥24.1m (down 49% from 3Q 2024). Profit margin: 2.6% (down from 6.5% in 3Q 2024). Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.
お知らせ • Sep 30Tongding Interconnection Information Co., Ltd. to Report Q3, 2025 Results on Oct 30, 2025Tongding Interconnection Information Co., Ltd. announced that they will report Q3, 2025 results on Oct 30, 2025
New Risk • Sep 12New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 7.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (7.0% average weekly change). Large one-off items impacting financial results.
Valuation Update With 7 Day Price Move • Aug 15Investor sentiment improves as stock rises 17%After last week's 17% share price gain to CN¥5.81, the stock trades at a trailing P/E ratio of 30.3x. Average trailing P/E is 74x in the Communications industry in China. Total returns to shareholders of 8.2% over the past three years.
New Risk • Jul 16New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 6.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (6.7% average weekly change). Large one-off items impacting financial results.
お知らせ • Jul 02Tongding Interconnection Information Co., Ltd. to Report First Half, 2025 Results on Aug 29, 2025Tongding Interconnection Information Co., Ltd. announced that they will report first half, 2025 results on Aug 29, 2025
Valuation Update With 7 Day Price Move • Jun 06Investor sentiment improves as stock rises 18%After last week's 18% share price gain to CN¥5.98, the stock trades at a trailing P/E ratio of 31.1x. Average trailing P/E is 68x in the Communications industry in China. Total returns to shareholders of 27% over the past three years.
お知らせ • May 20Tongding Interconnection Information Co., Ltd., Annual General Meeting, Jun 10, 2025Tongding Interconnection Information Co., Ltd., Annual General Meeting, Jun 10, 2025, at 14:30 China Standard Time. Location: The Company's Meeting Room, Suzhou, Jiangsu China
New Risk • May 16New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 2.7% Last year net profit margin: 7.1% 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 (2.7% net profit margin).
Valuation Update With 7 Day Price Move • May 06Investor sentiment improves as stock rises 18%After last week's 18% share price gain to CN¥4.94, the stock trades at a trailing P/E ratio of 78.6x. Average trailing P/E is 66x in the Communications industry in China. Total returns to shareholders of 16% over the past three years.
Reported Earnings • Apr 27Full year 2024 earnings released: EPS: CN¥0.063 (vs CN¥0.19 in FY 2023)Full year 2024 results: EPS: CN¥0.063 (down from CN¥0.19 in FY 2023). Revenue: CN¥2.92b (down 13% from FY 2023). Net income: CN¥77.3m (down 67% from FY 2023). Profit margin: 2.7% (down from 7.1% in FY 2023). Over the last 3 years on average, earnings per share has increased by 89% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.
お知らせ • Mar 31Tongding Interconnection Information Co., Ltd. to Report Q1, 2025 Results on Apr 30, 2025Tongding Interconnection Information Co., Ltd. announced that they will report Q1, 2025 results on Apr 30, 2025
分析記事 • Mar 25Does Tongding Interconnection Information (SZSE:002491) 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...
分析記事 • Feb 10Returns On Capital At Tongding Interconnection Information (SZSE:002491) Have Hit The BrakesIf you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...
New Risk • Jan 14New 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 9.2% 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 Share price has been volatile over the past 3 months (9.2% average weekly change). Profit margins are more than 30% lower than last year (1.3% net profit margin).
お知らせ • Dec 31Tongding Interconnection Information Co., Ltd. to Report Fiscal Year 2024 Results on Apr 26, 2025Tongding Interconnection Information Co., Ltd. announced that they will report fiscal year 2024 results on Apr 26, 2025
分析記事 • Dec 11Is Tongding Interconnection Information (SZSE:002491) A Risky Investment?Warren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...
分析記事 • Nov 11Tongding Interconnection Information Co., Ltd. (SZSE:002491) Stock Catapults 25% Though Its Price And Business Still Lag The IndustryTongding Interconnection Information Co., Ltd. ( SZSE:002491 ) shares have continued their recent momentum with a 25...
Reported Earnings • Oct 23Third quarter 2024 earnings released: EPS: CN¥0.038 (vs CN¥0.021 loss in 3Q 2023)Third quarter 2024 results: EPS: CN¥0.038 (up from CN¥0.021 loss in 3Q 2023). Revenue: CN¥726.1m (down 18% from 3Q 2023). Net income: CN¥47.0m (up CN¥73.2m from 3Q 2023). Profit margin: 6.5% (up from net loss in 3Q 2023). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 76% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.
Buy Or Sell Opportunity • Oct 09Now 21% undervaluedOver the last 90 days, the stock has risen 17% to CN¥3.89. The fair value is estimated to be CN¥4.91, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.8% over the last 3 years. Meanwhile, the company became loss making.
お知らせ • Sep 30Tongding Interconnection Information Co., Ltd. to Report Q3, 2024 Results on Oct 23, 2024Tongding Interconnection Information Co., Ltd. announced that they will report Q3, 2024 results on Oct 23, 2024
Reported Earnings • Aug 31Second quarter 2024 earnings released: CN¥0.01 loss per share (vs CN¥0.092 profit in 2Q 2023)Second quarter 2024 results: CN¥0.01 loss per share (down from CN¥0.092 profit in 2Q 2023). Revenue: CN¥665.2m (down 29% from 2Q 2023). Net loss: CN¥11.7m (down 110% from profit in 2Q 2023). Over the last 3 years on average, earnings per share has increased by 53% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings.
お知らせ • Jun 29Tongding Interconnection Information Co., Ltd. to Report First Half, 2024 Results on Aug 30, 2024Tongding Interconnection Information Co., Ltd. announced that they will report first half, 2024 results on Aug 30, 2024
分析記事 • Jun 26Does Tongding Interconnection Information (SZSE:002491) Have A Healthy Balance Sheet?Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
分析記事 • Jun 07What Tongding Interconnection Information Co., Ltd.'s (SZSE:002491) P/E Is Not Telling YouWith a price-to-earnings (or "P/E") ratio of 47.1x Tongding Interconnection Information Co., Ltd. ( SZSE:002491 ) may...
お知らせ • May 16Tongding Interconnection Information Co., Ltd., Annual General Meeting, Jun 07, 2024Tongding Interconnection Information Co., Ltd., Annual General Meeting, Jun 07, 2024, at 14:00 China Standard Time. Location: The Company's Meeting Room, Suzhou, Jiangsu China
分析記事 • May 03Additional Considerations Required While Assessing Tongding Interconnection Information's (SZSE:002491) Strong EarningsDespite announcing strong earnings, Tongding Interconnection Information Co., Ltd.'s ( SZSE:002491 ) stock was...
Reported Earnings • Apr 28Full year 2023 earnings released: EPS: CN¥0.19 (vs CN¥0.10 in FY 2022)Full year 2023 results: EPS: CN¥0.19 (up from CN¥0.10 in FY 2022). Revenue: CN¥3.35b (up 1.0% from FY 2022). Net income: CN¥236.8m (up 89% from FY 2022). Profit margin: 7.1% (up from 3.8% in FY 2022). Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Apr 16Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to CN¥4.09, the stock trades at a trailing P/E ratio of 19.6x. Average trailing P/E is 45x in the Communications industry in China. Negligible returns to shareholders over past three years.
お知らせ • Mar 30Tongding Interconnection Information Co., Ltd. to Report Q1, 2024 Results on Apr 30, 2024Tongding Interconnection Information Co., Ltd. announced that they will report Q1, 2024 results on Apr 30, 2024
分析記事 • Mar 22Is Tongding Interconnection Information (SZSE:002491) A Risky Investment?Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
分析記事 • Mar 06Tongding Interconnection Information Co., Ltd. (SZSE:002491) Stock Catapults 36% Though Its Price And Business Still Lag The IndustryTongding Interconnection Information Co., Ltd. ( SZSE:002491 ) shareholders are no doubt pleased to see that the share...
分析記事 • Feb 27Calculating The Intrinsic Value Of Tongding Interconnection Information Co., Ltd. (SZSE:002491)Key Insights The projected fair value for Tongding Interconnection Information is CN¥4.28 based on 2 Stage Free Cash...
Valuation Update With 7 Day Price Move • Feb 23Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CN¥4.61, the stock trades at a trailing P/E ratio of 22.1x. Average trailing P/E is 43x in the Communications industry in China. Total returns to shareholders of 7.5% over the past three years.
Valuation Update With 7 Day Price Move • Feb 02Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to CN¥3.97, the stock trades at a trailing P/E ratio of 19.1x. Average trailing P/E is 39x in the Communications industry in China. Total returns to shareholders of 1.3% over the past three years.
Buy Or Sell Opportunity • Jan 25Now 23% overvaluedOver the last 90 days, the stock has fallen 16% to CN¥4.79. The fair value is estimated to be CN¥3.91, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company has become profitable.
Board Change • Jan 01High number of new directorsThere are 7 new directors who have joined the board in the last 3 years. CFO & Director Danghan Chen was the last director to join the board, commencing their role in 2023. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
お知らせ • Dec 30Tongding Interconnection Information Co., Ltd. to Report Fiscal Year 2023 Results on Apr 27, 2024Tongding Interconnection Information Co., Ltd. announced that they will report fiscal year 2023 results on Apr 27, 2024
New Risk • Sep 11New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 24% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 4.9% per year over the past 5 years. Minor Risk Large one-off items impacting financial results.
Reported Earnings • Aug 30Second quarter 2023 earnings released: EPS: CN¥0.092 (vs CN¥0.023 loss in 2Q 2022)Second quarter 2023 results: EPS: CN¥0.092 (up from CN¥0.023 loss in 2Q 2022). Revenue: CN¥932.9m (up 13% from 2Q 2022). Net income: CN¥113.1m (up CN¥141.0m from 2Q 2022). Profit margin: 12% (up from net loss in 2Q 2022). The move to profitability was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 87% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.
New Risk • Jun 25New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Chinese stocks, typically moving 9.0% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. This is currently the only risk that has been identified for the company.
お知らせ • May 23Tongding Interconnection Information Co., Ltd., Annual General Meeting, Jun 12, 2023Tongding Interconnection Information Co., Ltd., Annual General Meeting, Jun 12, 2023, at 14:00 China Standard Time. Agenda: To consider 2022 work report of the board of directors; to consider 2022 work report of the supervisory committee; to consider 2022 annual accounts; to consider 2022 profit distribution plan; to consider 2022 annual report and its summary; to consider 2023 estimated continuing connected transactions; to consider launching hedging business by the Company and wholly-owned subsidiaries in 2023; to consider financing guarantee for subsidiaries; to consider 2023 application for financing quota from financial institutions and relevant authorization; to consider reappointment of 2023 audit firm; to consider accounting policy change; and to consider any other matters.
Reported Earnings • Apr 29Full year 2022 earnings released: EPS: CN¥0.10 (vs CN¥0.52 loss in FY 2021)Full year 2022 results: EPS: CN¥0.10 (up from CN¥0.52 loss in FY 2021). Revenue: CN¥3.32b (up 11% from FY 2021). Net income: CN¥125.5m (up CN¥772.2m from FY 2021). Profit margin: 3.8% (up from net loss in FY 2021). Over the last 3 years on average, earnings per share has increased by 76% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.
Board Change • Nov 16High number of new and inexperienced directorsThere are 6 new directors who have joined the board in the last 3 years. The company's board is composed of: 6 new directors. 3 experienced directors. No highly experienced directors. Independent Director Zebin Wang is the most experienced director on the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.
Board Change • Nov 11High number of new and inexperienced directorsThere are 6 new directors who have joined the board in the last 3 years. The company's board is composed of: 6 new directors. 3 experienced directors. No highly experienced directors. Independent Director Zebin Wang is the most experienced director on the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.
Reported Earnings • Oct 28Third quarter 2022 earnings released: EPS: CN¥0.033 (vs CN¥0.04 loss in 3Q 2021)Third quarter 2022 results: EPS: CN¥0.033 (up from CN¥0.04 loss in 3Q 2021). Revenue: CN¥919.3m (up 22% from 3Q 2021). Net income: CN¥41.4m (up CN¥90.7m from 3Q 2021). Profit margin: 4.5% (up from net loss in 3Q 2021). Over the last 3 years on average, earnings per share has increased by 45% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings.
Reported Earnings • Aug 29Second quarter 2022 earnings released: CN¥0.023 loss per share (vs CN¥0.069 profit in 2Q 2021)Second quarter 2022 results: CN¥0.023 loss per share (down from CN¥0.069 profit in 2Q 2021). Revenue: CN¥824.8m (up 23% from 2Q 2021). Net loss: CN¥27.8m (down 132% from profit in 2Q 2021). Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings.
お知らせ • Jun 09Tongding Interconnection Information Co., Ltd., Annual General Meeting, Jun 27, 2022Tongding Interconnection Information Co., Ltd., Annual General Meeting, Jun 27, 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; to consider 2021 profit distribution plan; to consider 2021 annual report and its summary; to consider 2022 estimated continuing connected transactions; to consider 2022 launching hedging business by the Company and wholly-owned subsidiaries; to consider financing guarantee for subsidiaries; to consider 2022 application for financing quota to financial institutions and relevant authorization; to consider reappointment of 2022 audit firm; and to consider other matters.
Reported Earnings • Apr 28Full year 2021 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2021 results: CN¥0.52 loss per share (down from CN¥0.035 profit in FY 2020). Revenue: CN¥2.98b (down 17% from FY 2020). Net loss: CN¥646.7m (down CN¥690.3m from profit in FY 2020). Revenue missed analyst estimates by 6.2%. Earnings per share (EPS) were also behind analyst expectations. Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has fallen by 26% per year, which means it is performing significantly worse than earnings.
Reported Earnings • Oct 26Third quarter 2021 earnings released: CN¥0.04 loss per share (vs CN¥0.11 profit in 3Q 2020)The company reported a poor third quarter result with weaker earnings, revenues and control over costs. Third quarter 2021 results: Revenue: CN¥755.1m (down 20% from 3Q 2020). Net loss: CN¥49.4m (down 137% from profit in 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 31% per year but the company’s share price has only fallen by 17% per year, which means it has not declined as severely as earnings.
Valuation Update With 7 Day Price Move • Sep 09Investor sentiment improved over the past weekAfter last week's 17% share price gain to CN¥4.46, the stock trades at a forward P/E ratio of 89x. Average forward P/E is 32x in the Communications industry in China. Total loss to shareholders of 49% over the past three years.
Reported Earnings • Aug 26Second quarter 2021 earnings released: EPS CN¥0.069 (vs CN¥0.056 loss in 2Q 2020)The company reported a decent second quarter result with improved earnings and profit margins, although revenues were weaker. Second quarter 2021 results: Revenue: CN¥673.0m (down 34% from 2Q 2020). Net income: CN¥86.1m (up CN¥155.5m from 2Q 2020). Profit margin: 13% (up from net loss in 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 55% per year but the company’s share price has only fallen by 27% per year, which means it has not declined as severely as earnings.
Reported Earnings • Apr 29Full year 2020 earnings released: EPS CN¥0.035 (vs CN¥1.68 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¥3.59b (up 1.3% from FY 2019). Net income: CN¥43.6m (up CN¥2.17b from FY 2019). Profit margin: 1.2% (up from net loss in FY 2019). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 63 percentage points per year, which is a significant difference in performance.
Reported Earnings • Mar 04Full year 2020 earnings released: EPS CN¥0.036 (vs CN¥1.68 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¥3.61b (up 1.9% from FY 2019). Net income: CN¥45.2m (up CN¥2.17b from FY 2019). Profit margin: 1.3% (up from net loss in FY 2019). The move to profitability was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 97% per year but the company’s share price has only fallen by 32% per year, which means it has not declined as severely as earnings.
Analyst Estimate Surprise Post Earnings • Mar 04Earnings beat expectations, revenue disappointsRevenue missed analyst estimates by 5.7%. Earnings per share (EPS) exceeded analyst estimates by 140%. Over the next year, revenue is forecast to grow 18%, compared to a 32% growth forecast for the Communications industry in China.
Is New 90 Day High Low • Jan 11New 90-day low: CN¥3.86The company is down 25% from its price of CN¥5.17 on 13 October 2020. The Chinese market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Communications industry, which is down 10.0% over the same period.
Price Target Changed • Jan 08Price target lowered to CN¥5.63Down from CN¥9.10, the current price target is provided by 1 analyst. The new target price is 43% above the current share price of CN¥3.93. As of last close, the stock is down 44% over the past year.
Is New 90 Day High Low • Dec 24New 90-day low: CN¥3.95The company is down 22% from its price of CN¥5.07 on 25 September 2020. The Chinese market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Communications industry, which is down 7.0% over the same period.
Is New 90 Day High Low • Dec 07New 90-day low: CN¥4.67The company is down 20% from its price of CN¥5.85 on 08 September 2020. The Chinese market is up 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Communications industry, which is down 7.0% over the same period.
Is New 90 Day High Low • Oct 30New 90-day low: CN¥4.97The company is down 6.0% from its price of CN¥5.30 on 31 July 2020. The Chinese market is down 2.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Communications industry, which is down 9.0% over the same period.
Reported Earnings • Oct 29Third quarter earnings releasedOver the last 12 months the company has reported total losses of CN¥2.19b, with earnings decreasing by CN¥2.35b from the prior year. Total revenue was CN¥3.44b over the last 12 months, down 14% from the prior year.
Is New 90 Day High Low • Sep 24New 90-day low: CN¥5.08The company is down 2.0% from its price of CN¥5.17 on 24 June 2020. The Chinese market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Communications industry, which is up 1.0% over the same period.
お知らせ • Sep 21Tongding Interconnection Information Co., Ltd.(XSEC:002491) dropped from FTSE All-World Index (USD)Tongding Interconnection Information Co., Ltd.(XSEC:002491) dropped from FTSE All-World Index (USD)
お知らせ • Sep 09Suzhou Wuqi Chuangji Equity Investment Partnership Enterprise (Limited Partnership) completed the acquisition of 6.95% stake in Tongding Interconnection Information Co., Ltd. from TongDing Group Co., Ltd.Suzhou Wuqi Chuangji Equity Investment Partnership Enterprise (Limited Partnership) signed an agreement to acquire 6.95% stake in Tongding Interconnection Information Co., Ltd. from TongDing Group Co., Ltd. for approximately CNY 500 million on April 27, 2020. As per terms of transaction, Wuqi Chuangji Equity will acquire 86.9565 million shares of Tongding Interconnection Information Co., Ltd. at CNY 5.75 per share. On June 29, 2020, the Tongding Interconnection Information Co., Ltd. repurchased and cancelled part of the performance commitment compensation shares. The shares were reduced by 11 million shares and the total share capital was reduced to 1250.463090 million shares. The 86.9565 million shares that TongDing Group Co., Ltd. intends to transfer will now account for 6.95% of the Tongding Interconnection Information Co., Ltd. total share capital, instead of 6.89%. Suzhou Wuqi Chuangji Equity Investment Partnership Enterprise (Limited Partnership) completed the acquisition of 6.95% stake in Tongding Interconnection Information Co., Ltd. from TongDing Group Co., Ltd on September 2, 2020.
お知らせ • Aug 13Tongding Interconnection Information Co., Ltd. to Report First Half, 2020 Results on Aug 29, 2020Tongding Interconnection Information Co., Ltd. announced that they will report first half, 2020 results on Aug 29, 2020