Zhongji Innolight（300308）株式概要中国における光通信トランシーバーモジュールおよび光デバイスの研究・開発・製造・販売を行う。 詳細300308 ファンダメンタル分析スノーフレーク・スコア評価3/6将来の成長6/6過去の実績5/6財務の健全性6/6配当金0/6報酬株価収益率（ 91.2 x）は、 Communications業界平均（ 115.5 x）を下回っています。収益は年間46.41%増加すると予測されています 過去1年間で収益は160.2%増加しました 同業他社や業界と比較して、良好な取引価格 リスク分析高いレベルの非現金収入 すべてのリスクチェックを見る300308 Community Fair Values Create NarrativeSee what 18 others think this stock is worth. Follow their fair value or set your own to get alerts.Your Fair ValueCN¥Current PriceCN¥1.22k74.5% 割安 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture0319b2016201920222025202620282031Revenue CN¥318.6bEarnings CN¥93.3bAdvancedSet Fair ValueView all narrativesZhongji Innolight Co., Ltd. 競合他社Suzhou TFC Optical CommunicationSymbol: SZSE:300394Market cap: CN¥310.9bHengtong Optic-ElectricSymbol: SHSE:600487Market cap: CN¥249.1bZTESymbol: SZSE:000063Market cap: CN¥164.7bShenzhen Sunway CommunicationSymbol: SZSE:300136Market cap: CN¥108.1b価格と性能株価の高値、安値、推移の概要Zhongji Innolight過去の株価現在の株価CN¥1,223.1752週高値CN¥1,416.8852週安値CN¥130.21ベータ1.391ヶ月の変化8.25%3ヶ月変化110.17%1年変化780.42%3年間の変化1,132.32%5年間の変化4,567.32%IPOからの変化35,531.30%最新ニュースお知らせ • 11hZhongji Innolight Co., Ltd. to Report First Half, 2026 Results on Aug 24, 2026Zhongji Innolight Co., Ltd. announced that they will report first half, 2026 results on Aug 24, 2026Price Target Changed • Jun 09Price target increased by 8.6% to CN¥948Up from CN¥873, the current price target is an average from 12 analysts. New target price is 20% below last closing price of CN¥1,180. Stock is up 995% over the past year. The company is forecast to post earnings per share of CN¥26.54 for next year compared to CN¥9.80 last year.Valuation Update With 7 Day Price Move • May 12Investor sentiment improves as stock rises 19%After last week's 19% share price gain to CN¥1,018, the stock trades at a forward P/E ratio of 34x. Average forward P/E is 65x in the Communications industry in China. Total returns to shareholders of 1,775% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥802 per share.Major Estimate Revision • Apr 23Consensus revenue estimates increase by 31%The consensus outlook for revenues in fiscal year 2026 has improved. 2026 revenue forecast increased from CN¥73.0b to CN¥95.7b. EPS estimate increased from CN¥21.57 to CN¥27.27 per share. Net income forecast to grow 125% next year vs 82% growth forecast for Communications industry in China. Consensus price target up from CN¥677 to CN¥873. Share price rose 11% to CN¥897 over the past week.New Risk • Apr 17New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 32% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (32% accrual ratio). Minor Risk Share price has been volatile over the past 3 months (9.1% average weekly change).Valuation Update With 7 Day Price Move • Apr 09Investor sentiment improves as stock rises 19%After last week's 19% share price gain to CN¥693, the stock trades at a forward P/E ratio of 32x. Average forward P/E is 62x in the Communications industry in China. Total returns to shareholders of 1,413% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥433 per share.最新情報をもっと見るRecent updatesお知らせ • 11hZhongji Innolight Co., Ltd. to Report First Half, 2026 Results on Aug 24, 2026Zhongji Innolight Co., Ltd. announced that they will report first half, 2026 results on Aug 24, 2026Price Target Changed • Jun 09Price target increased by 8.6% to CN¥948Up from CN¥873, the current price target is an average from 12 analysts. New target price is 20% below last closing price of CN¥1,180. Stock is up 995% over the past year. The company is forecast to post earnings per share of CN¥26.54 for next year compared to CN¥9.80 last year.Valuation Update With 7 Day Price Move • May 12Investor sentiment improves as stock rises 19%After last week's 19% share price gain to CN¥1,018, the stock trades at a forward P/E ratio of 34x. Average forward P/E is 65x in the Communications industry in China. Total returns to shareholders of 1,775% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥802 per share.Major Estimate Revision • Apr 23Consensus revenue estimates increase by 31%The consensus outlook for revenues in fiscal year 2026 has improved. 2026 revenue forecast increased from CN¥73.0b to CN¥95.7b. EPS estimate increased from CN¥21.57 to CN¥27.27 per share. Net income forecast to grow 125% next year vs 82% growth forecast for Communications industry in China. Consensus price target up from CN¥677 to CN¥873. Share price rose 11% to CN¥897 over the past week.New Risk • Apr 17New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 32% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (32% accrual ratio). Minor Risk Share price has been volatile over the past 3 months (9.1% average weekly change).Valuation Update With 7 Day Price Move • Apr 09Investor sentiment improves as stock rises 19%After last week's 19% share price gain to CN¥693, the stock trades at a forward P/E ratio of 32x. Average forward P/E is 62x in the Communications industry in China. Total returns to shareholders of 1,413% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥433 per share.Major Estimate Revision • Apr 07Consensus revenue estimates fall by 12%The consensus outlook for revenues in fiscal year 2026 has deteriorated. 2026 revenue forecast decreased from CN¥82.5b to CN¥73.0b. EPS estimate fell from CN¥22.94 to CN¥21.57 per share. Net income forecast to grow 122% next year vs 72% growth forecast for Communications industry in China. Consensus price target broadly unchanged at CN¥677. Share price rose 8.8% to CN¥620 over the past week.Reported Earnings • Apr 02Full year 2025 earnings: EPS and revenues exceed analyst expectationsFull year 2025 results: EPS: CN¥9.80 (up from CN¥4.72 in FY 2024). Revenue: CN¥38.2b (up 60% from FY 2024). Net income: CN¥10.8b (up 109% from FY 2024). Profit margin: 28% (up from 22% in FY 2024). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 2.0%. Earnings per share (EPS) also surpassed analyst estimates by 2.4%. Revenue is forecast to grow 35% p.a. on average during the next 3 years, compared to a 29% growth forecast for the Communications industry in China. Over the last 3 years on average, earnings per share has increased by 69% per year but the company’s share price has increased by 130% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Mar 31+ 1 more updateZhongji Innolight Co., Ltd. to Report Q1, 2026 Results on Apr 24, 2026Zhongji Innolight Co., Ltd. announced that they will report Q1, 2026 results on Apr 24, 2026Reported Earnings • Mar 02Full year 2025 earnings released: EPS: CN¥9.80 (vs CN¥4.72 in FY 2024)Full year 2025 results: EPS: CN¥9.80 (up from CN¥4.72 in FY 2024). Revenue: CN¥38.2b (up 60% from FY 2024). Net income: CN¥10.8b (up 109% from FY 2024). Profit margin: 28% (up from 22% in FY 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 33% p.a. on average during the next 3 years, compared to a 30% growth forecast for the Communications industry in China. Over the last 3 years on average, earnings per share has increased by 69% per year but the company’s share price has increased by 176% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • Feb 06Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to CN¥540, the stock trades at a forward P/E ratio of 31x. Average forward P/E is 46x in the Communications industry in China. Total returns to shareholders of 2,084% over the past three years.お知らせ • Dec 31Zhongji Innolight Co., Ltd. to Report Fiscal Year 2025 Results on Mar 31, 2026Zhongji Innolight Co., Ltd. announced that they will report fiscal year 2025 results on Mar 31, 2026Valuation Update With 7 Day Price Move • Dec 01Investor sentiment improves as stock rises 18%After last week's 18% share price gain to CN¥538, the stock trades at a forward P/E ratio of 35x. Average forward P/E is 43x in the Communications industry in China. Total returns to shareholders of 2,551% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥994 per share.Price Target Changed • Nov 28Price target increased by 8.2% to CN¥606Up from CN¥560, the current price target is an average from 17 analysts. New target price is 18% above last closing price of CN¥515. Stock is up 306% over the past year. The company is forecast to post earnings per share of CN¥9.64 for next year compared to CN¥4.72 last year.Reported Earnings • Oct 31Third quarter 2025 earnings: EPS and revenues miss analyst expectationsThird quarter 2025 results: EPS: CN¥2.83 (up from CN¥1.25 in 3Q 2024). Revenue: CN¥10.2b (up 57% from 3Q 2024). Net income: CN¥3.14b (up 125% from 3Q 2024). Profit margin: 31% (up from 21% in 3Q 2024). 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 2.5%. Revenue is forecast to grow 25% p.a. on average during the next 3 years, compared to a 24% growth forecast for the Communications industry in China. Over the last 3 years on average, earnings per share has increased by 67% per year but the company’s share price has increased by 180% per year, which means it is tracking significantly ahead of earnings growth.Price Target Changed • Oct 31Price target increased by 7.6% to CN¥436Up from CN¥406, the current price target is an average from 15 analysts. New target price is 7.7% below last closing price of CN¥473. Stock is up 236% over the past year. The company is forecast to post earnings per share of CN¥9.89 for next year compared to CN¥4.72 last year.Valuation Update With 7 Day Price Move • Oct 21Investor sentiment improves as stock rises 28%After last week's 28% share price gain to CN¥442, the stock trades at a forward P/E ratio of 40x. Average forward P/E is 45x in the Communications industry in China. Total returns to shareholders of 2,150% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥349 per share.Buy Or Sell Opportunity • Oct 21Now 27% overvalued after recent price riseOver the last 90 days, the stock has risen 137% to CN¥442. The fair value is estimated to be CN¥349, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 45% over the last 3 years. Earnings per share has grown by 66%. For the next 3 years, revenue is forecast to grow by 29% per annum. Earnings are also forecast to grow by 31% per annum over the same time period.Upcoming Dividend • Oct 06Upcoming dividend of CN¥0.40 per shareEligible shareholders must have bought the stock before 13 October 2025. Payment date: 13 October 2025. Payout ratio is a comfortable 15% and this is well supported by cash flows. Trailing yield: 0.1%. Lower than top quartile of Chinese dividend payers (1.9%). Lower than average of industry peers (0.7%).お知らせ • Sep 30Zhongji Innolight Co., Ltd. to Report Q3, 2025 Results on Oct 31, 2025Zhongji Innolight Co., Ltd. announced that they will report Q3, 2025 results on Oct 31, 2025Buy Or Sell Opportunity • Sep 29Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 187% to CN¥417. The fair value is estimated to be CN¥346, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 45% over the last 3 years. Earnings per share has grown by 66%. For the next 3 years, revenue is forecast to grow by 29% per annum. Earnings are also forecast to grow by 31% per annum over the same time period.Buy Or Sell Opportunity • Sep 11Now 22% overvalued after recent price riseOver the last 90 days, the stock has risen 277% to CN¥440. The fair value is estimated to be CN¥360, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 45% over the last 3 years. Earnings per share has grown by 66%. For the next 3 years, revenue is forecast to grow by 28% per annum. Earnings are also forecast to grow by 30% per annum over the same time period.Valuation Update With 7 Day Price Move • Sep 02Investor sentiment improves as stock rises 22%After last week's 22% share price gain to CN¥384, the stock trades at a forward P/E ratio of 37x. Average forward P/E is 51x in the Communications industry in China. Total returns to shareholders of 1,734% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥383 per share.Reported Earnings • Aug 28Second quarter 2025 earnings: EPS exceeds analyst expectations while revenues lag behindSecond quarter 2025 results: EPS: CN¥2.20 (up from CN¥1.23 in 2Q 2024). Revenue: CN¥8.11b (up 36% from 2Q 2024). Net income: CN¥2.41b (up 79% from 2Q 2024). Profit margin: 30% (up from 23% in 2Q 2024). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 3.1%. Earnings per share (EPS) exceeded analyst estimates by 25%. Revenue is forecast to grow 25% p.a. on average during the next 3 years, compared to a 21% growth forecast for the Communications industry in China. Over the last 3 years on average, earnings per share has increased by 66% per year but the company’s share price has increased by 160% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Aug 28Zhongji Innolight Co., Ltd. Proposes Interim Profit Distribution Plan for 2025Zhongji Innolight Co., Ltd. at 3rd EGM to be held on September 17, 2025 proposed interim profit distribution plan for 2025. For the period, the company reported Cash dividend/10 shares (tax included): CNY4.00000000.Major Estimate Revision • Aug 27Consensus EPS estimates increase by 16%, revenue downgradedThe consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast fell from CN¥36.9b to CN¥36.0b. EPS estimate rose from CN¥7.78 to CN¥9.05. Net income forecast to grow 89% next year vs 50% growth forecast for Communications industry in China. Consensus price target up from CN¥218 to CN¥274. Share price rose 21% to CN¥325 over the past week.Price Target Changed • Aug 27Price target increased by 11% to CN¥215Up from CN¥194, the current price target is an average from 14 analysts. New target price is 34% below last closing price of CN¥325. Stock is up 189% over the past year. The company is forecast to post earnings per share of CN¥9.05 for next year compared to CN¥4.72 last year.Valuation Update With 7 Day Price Move • Aug 18Investor sentiment improves as stock rises 21%After last week's 21% share price gain to CN¥260, the stock trades at a forward P/E ratio of 32x. Average forward P/E is 48x in the Communications industry in China. Total returns to shareholders of 1,010% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥377 per share.Price Target Changed • Aug 05Price target increased by 8.3% to CN¥179Up from CN¥165, the current price target is an average from 14 analysts. New target price is 15% below last closing price of CN¥211. Stock is up 84% over the past year. The company is forecast to post earnings per share of CN¥7.69 for next year compared to CN¥4.72 last year.Valuation Update With 7 Day Price Move • Jul 31Investor sentiment improves as stock rises 18%After last week's 18% share price gain to CN¥218, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 49x in the Communications industry in China. Total returns to shareholders of 848% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥377 per share.Price Target Changed • Jul 16Price target increased by 8.2% to CN¥143Up from CN¥132, the current price target is an average from 15 analysts. New target price is 16% below last closing price of CN¥171. Stock is up 20% over the past year. The company is forecast to post earnings per share of CN¥7.37 for next year compared to CN¥4.72 last year.Valuation Update With 7 Day Price Move • Jul 15Investor sentiment improves as stock rises 21%After last week's 21% share price gain to CN¥175, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 44x in the Communications industry in China. Total returns to shareholders of 641% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥109 per share.お知らせ • Jul 02Zhongji Innolight Co., Ltd. to Report First Half, 2025 Results on Aug 27, 2025Zhongji Innolight Co., Ltd. announced that they will report first half, 2025 results on Aug 27, 2025Valuation Update With 7 Day Price Move • Jul 01Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CN¥145, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 49x in the Communications industry in China. Total returns to shareholders of 567% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥111 per share.Buy Or Sell Opportunity • Jun 19Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 25% to CN¥128. The fair value is estimated to be CN¥107, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 42% over the last 3 years. Earnings per share has grown by 65%. For the next 3 years, revenue is forecast to grow by 20% per annum. Earnings are also forecast to grow by 21% per annum over the same time period.Declared Dividend • Jun 16Dividend of CN¥0.50 announcedShareholders will receive a dividend of CN¥0.50. Ex-date: 19th June 2025 Payment date: 19th June 2025 Dividend yield will be 0.4%, which is lower than the industry average of 1.2%. Sustainability & Growth Dividend is well covered by both earnings (10% earnings payout ratio) and cash flows (26% cash payout ratio). The dividend has increased by an average of 58% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 77% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Valuation Update With 7 Day Price Move • Jun 09Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CN¥109, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 41x in the Communications industry in China. Total returns to shareholders of 365% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥106 per share.お知らせ • May 17Zhongji Innolight Co., Ltd. Approves Cash Dividend (Tax Included) for the Year 2024Zhongji Innolight Co., Ltd. at the Annual General Meeting of 2024 on 15 May 2025, approved cash dividend (tax included) for the year 2024 of CNY 5.00000000 per 10 shares.Valuation Update With 7 Day Price Move • May 08Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CN¥96.49, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 40x in the Communications industry in China. Total returns to shareholders of 334% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥106 per share.Board Change • Apr 23High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Independent Director Yan Zhuang was the last director to join the board, commencing their role in 2025. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.Price Target Changed • Apr 23Price target decreased by 11% to CN¥151Down from CN¥169, the current price target is an average from 17 analysts. New target price is 81% above last closing price of CN¥83.52. Stock is down 31% over the past year. The company is forecast to post earnings per share of CN¥7.32 for next year compared to CN¥4.72 last year.Reported Earnings • Apr 22First quarter 2025 earnings: EPS exceeds analyst expectations while revenues lag behindFirst quarter 2025 results: EPS: CN¥1.44 (up from CN¥0.93 in 1Q 2024). Revenue: CN¥6.67b (up 38% from 1Q 2024). Net income: CN¥1.58b (up 57% from 1Q 2024). Profit margin: 24% (up from 21% in 1Q 2024). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 5.3%. Earnings per share (EPS) exceeded analyst estimates by 1.2%. Revenue is forecast to grow 23% p.a. on average during the next 3 years, compared to a 19% growth forecast for the Communications industry in China. Over the last 3 years on average, earnings per share has increased by 65% per year but the company’s share price has only increased by 55% per year, which means it is significantly lagging earnings growth.お知らせ • Apr 22Zhongji Innolight Co., Ltd. Proposes Final Cash Dividend for the Year 2024Zhongji Innolight Co., Ltd. proposed final cash dividend of CNY 5.00000000 per 10 shares (tax included) for the year 2024.Price Target Changed • Apr 21Price target decreased by 8.0% to CN¥160Down from CN¥174, the current price target is an average from 17 analysts. New target price is 98% above last closing price of CN¥81.19. Stock is down 28% over the past year. The company is forecast to post earnings per share of CN¥7.23 for next year compared to CN¥4.71 last year.お知らせ • Apr 21Zhongji Innolight Co., Ltd., Annual General Meeting, May 15, 2025Zhongji Innolight Co., Ltd., Annual General Meeting, May 15, 2025, at 14:00 China Standard Time. Location: The Company's Meeting Room, Longkou, Shandong ChinaNew Risk • Apr 07New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Chinese stocks, typically moving 11% 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.Valuation Update With 7 Day Price Move • Apr 07Investor sentiment deteriorates as stock falls 24%After last week's 24% share price decline to CN¥75.10, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 42x in the Communications industry in China. Total returns to shareholders of 258% over the past three years.お知らせ • Mar 31Zhongji Innolight Co., Ltd. to Report Q1, 2025 Results on Apr 21, 2025Zhongji Innolight Co., Ltd. announced that they will report Q1, 2025 results on Apr 21, 2025Major Estimate Revision • Mar 12Consensus revenue estimates increase by 26%, EPS downgradedThe consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast increased from CN¥29.8b to CN¥37.6b. EPS estimate fell from CN¥7.63 to CN¥7.15. Net income forecast to grow 61% next year vs 66% growth forecast for Communications industry in China. Consensus price target down from CN¥191 to CN¥180. Share price was steady at CN¥102 over the past week.Reported Earnings • Mar 01Full year 2024 earnings released: EPS: CN¥4.71 (vs CN¥2.00 in FY 2023)Full year 2024 results: EPS: CN¥4.71 (up from CN¥2.00 in FY 2023). Revenue: CN¥23.9b (up 123% from FY 2023). Net income: CN¥5.17b (up 138% from FY 2023). Profit margin: 22% (up from 20% in FY 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 29% p.a. on average during the next 3 years, compared to a 19% growth forecast for the Communications industry in China. Over the last 3 years on average, earnings per share has increased by 63% per year but the company’s share price has only increased by 55% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Feb 28Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to CN¥101, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 40x in the Communications industry in China. Total returns to shareholders of 280% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥163 per share.New Risk • Feb 05New 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 9.4% 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: Major Risk High level of non-cash earnings (43% accrual ratio). Minor Risk Share price has been volatile over the past 3 months (9.4% average weekly change).Valuation Update With 7 Day Price Move • Jan 22Investor sentiment improves as stock rises 19%After last week's 19% share price gain to CN¥132, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 31x in the Communications industry in China. Total returns to shareholders of 408% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥196 per share.お知らせ • Dec 31Zhongji Innolight Co., Ltd. to Report Fiscal Year 2024 Results on Apr 21, 2025Zhongji Innolight Co., Ltd. announced that they will report fiscal year 2024 results on Apr 21, 2025Valuation Update With 7 Day Price Move • Oct 29Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to CN¥143, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 31x in the Communications industry in China. Total returns to shareholders of 484% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥206 per share.Price Target Changed • Oct 25Price target increased by 7.7% to CN¥188Up from CN¥174, the current price target is an average from 17 analysts. New target price is 20% above last closing price of CN¥156. Stock is up 145% over the past year. The company is forecast to post earnings per share of CN¥4.78 for next year compared to CN¥2.00 last year.Reported Earnings • Oct 23Third quarter 2024 earnings: EPS and revenues miss analyst expectationsThird quarter 2024 results: EPS: CN¥1.25 (up from CN¥0.60 in 3Q 2023). Revenue: CN¥6.51b (up 115% from 3Q 2023). Net income: CN¥1.39b (up 104% from 3Q 2023). Profit margin: 21% (down from 23% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 4.7%. Earnings per share (EPS) also missed analyst estimates by 4.5%. Revenue is forecast to grow 31% p.a. on average during the next 3 years, compared to a 22% growth forecast for the Communications industry in China. Over the last 3 years on average, earnings per share has increased by 59% per year but the company’s share price has increased by 87% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • Oct 15Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to CN¥158, the stock trades at a forward P/E ratio of 26x. Average forward P/E is 28x in the Communications industry in China. Total returns to shareholders of 569% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥230 per share.Buy Or Sell Opportunity • Oct 09Now 28% undervaluedOver the last 90 days, the stock has risen 8.6% to CN¥166. The fair value is estimated to be CN¥230, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 25% over the last 3 years. Earnings per share has grown by 50%. For the next 3 years, revenue is forecast to grow by 33% per annum. Earnings are also forecast to grow by 31% per annum over the same time period.New Risk • Sep 30New 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. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (9.0% average weekly change). High level of non-cash earnings (39% accrual ratio).お知らせ • Sep 30Zhongji Innolight Co., Ltd. to Report Q3, 2024 Results on Oct 23, 2024Zhongji Innolight Co., Ltd. announced that they will report Q3, 2024 results on Oct 23, 2024Valuation Update With 7 Day Price Move • Sep 28Investor sentiment improves as stock rises 23%After last week's 23% share price gain to CN¥134, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 24x in the Communications industry in China. Total returns to shareholders of 443% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥231 per share.Valuation Update With 7 Day Price Move • Sep 13Investor sentiment improves as stock rises 17%After last week's 17% share price gain to CN¥116, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 22x in the Communications industry in China. Total returns to shareholders of 373% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥231 per share.Reported Earnings • Aug 26Second quarter 2024 earnings released: EPS: CN¥2.87 (vs CN¥0.33 in 2Q 2023)Second quarter 2024 results: EPS: CN¥2.87 (up from CN¥0.33 in 2Q 2023). Revenue: CN¥5.96b (up 175% from 2Q 2023). Net income: CN¥1.35b (up 271% from 2Q 2023). Profit margin: 23% (up from 17% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 35% p.a. on average during the next 3 years, compared to a 21% growth forecast for the Communications industry in China. Over the last 3 years on average, earnings per share has increased by 54% per year but the company’s share price has increased by 64% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • Aug 05Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to CN¥110, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 24x in the Communications industry in China. Total returns to shareholders of 271% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥199 per share.Buy Or Sell Opportunity • Jul 19Now 23% undervaluedOver the last 90 days, the stock has risen 11% to CN¥135. The fair value is estimated to be CN¥175, 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 38%. For the next 3 years, revenue is forecast to grow by 33% per annum. Earnings are also forecast to grow by 32% per annum over the same time period.Price Target Changed • Jul 15Price target increased by 7.0% to CN¥161Up from CN¥151, the current price target is an average from 17 analysts. New target price is 7.7% above last closing price of CN¥150. Stock is up 33% over the past year. The company is forecast to post earnings per share of CN¥4.58 for next year compared to CN¥2.00 last year.お知らせ • Jun 29Zhongji Innolight Co., Ltd. to Report First Half, 2024 Results on Aug 26, 2024Zhongji Innolight Co., Ltd. announced that they will report first half, 2024 results on Aug 26, 2024Price Target Changed • Jun 18Price target increased by 7.3% to CN¥152Up from CN¥141, the current price target is an average from 16 analysts. New target price is approximately in line with last closing price of CN¥147. Stock is up 21% over the past year. The company is forecast to post earnings per share of CN¥4.57 for next year compared to CN¥2.00 last year.Valuation Update With 7 Day Price Move • Jun 05Investor sentiment deteriorates as stock falls 26%After last week's 26% share price decline to CN¥119, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 28x in the Communications industry in China. Total returns to shareholders of 204% over the past three years.Declared Dividend • Jun 03Dividend increased to CN¥0.45Dividend of CN¥0.45 is 125% higher than last year. Ex-date: 6th June 2024 Payment date: 6th June 2024 Dividend yield will be 0.3%, which is lower than the industry average of 1.2%.お知らせ • Jun 01Zhongji Innolight Co., Ltd. Announces Implementation of Cash Dividend A Shares for the Year 2023, Payable on 06 June 2024Zhongji Innolight Co., Ltd. announced 2023 final profit distribution plan to be implemented (A shares) as Cash dividend/10 shares (tax included): CNY 4.50000000. Record date: 05 June 2024, Ex-date: 06 June 2024, Payment date: 06 June 2024.お知らせ • May 25Zhongji Innolight Co., Ltd. Approves 2023 Profit Distribution PlanThe Zhongji Innolight Co., Ltd. held its Annual General Meeting of 2023 on 23 May 2024, and approved 2023 profit distribution plan, Cash dividend/10 shares (tax included): CNY 4.50000000.Price Target Changed • Apr 25Price target increased by 9.4% to CN¥192Up from CN¥175, the current price target is an average from 16 analysts. New target price is 17% above last closing price of CN¥164. Stock is up 109% over the past year. The company is forecast to post earnings per share of CN¥6.21 for next year compared to CN¥2.80 last year.Reported Earnings • Apr 22First quarter 2024 earnings released: EPS: CN¥1.30 (vs CN¥0.31 in 1Q 2023)First quarter 2024 results: EPS: CN¥1.30 (up from CN¥0.31 in 1Q 2023). Revenue: CN¥4.84b (up 164% from 1Q 2023). Net income: CN¥1.01b (up 304% from 1Q 2023). Profit margin: 21% (up from 14% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 29% p.a. on average during the next 3 years, compared to a 23% growth forecast for the Communications industry in China. Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has increased by 68% per year, which means it is tracking significantly ahead of earnings growth.Price Target Changed • Apr 08Price target increased by 8.3% to CN¥171Up from CN¥158, the current price target is an average from 16 analysts. New target price is approximately in line with last closing price of CN¥165. Stock is up 134% over the past year. The company is forecast to post earnings per share of CN¥5.73 for next year compared to CN¥2.81 last year.お知らせ • Mar 30Zhongji Innolight Co., Ltd. to Report Q1, 2024 Results on Apr 22, 2024Zhongji Innolight Co., Ltd. announced that they will report Q1, 2024 results on Apr 22, 2024Buy Or Sell Opportunity • Mar 29Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 39% to CN¥157. The fair value is estimated to be CN¥129, 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 27%. For the next 3 years, revenue is forecast to grow by 37% per annum. Earnings are also forecast to grow by 34% per annum over the same time period.Buy Or Sell Opportunity • Feb 29Now 22% overvalued after recent price riseOver the last 90 days, the stock has risen 55% to CN¥155. The fair value is estimated to be CN¥127, 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 27%. For the next 3 years, revenue is forecast to grow by 36% per annum. Earnings are also forecast to grow by 33% per annum over the same time period.Reported Earnings • Feb 29Full year 2023 earnings released: EPS: CN¥2.81 (vs CN¥1.54 in FY 2022)Full year 2023 results: EPS: CN¥2.81 (up from CN¥1.54 in FY 2022). Revenue: CN¥10.7b (up 11% from FY 2022). Net income: CN¥2.18b (up 78% from FY 2022). Profit margin: 20% (up from 13% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 36% p.a. on average during the next 3 years, compared to a 24% growth forecast for the Communications industry in China. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has increased by 53% per year, which means it is tracking significantly ahead of earnings growth.株主還元300308CN CommunicationsCN 市場7D-6.8%-1.9%0.7%1Y780.4%184.3%30.0%株主還元を見る業界別リターン: 300308過去 1 年間で184.3 % の収益を上げたCN Communications業界を上回りました。リターン対市場: 300308過去 1 年間で30 % の収益を上げたCN市場を上回りました。価格変動Is 300308's price volatile compared to industry and market?300308 volatility300308 Average Weekly Movement8.6%Communications Industry Average Movement8.0%Market Average Movement6.8%10% most volatile stocks in CN Market10.9%10% least volatile stocks in CN Market4.1%安定した株価: 300308 、 CN市場と比較して、過去 3 か月間で大きな価格変動はありませんでした。時間の経過による変動: 300308の 週次ボラティリティ ( 9% ) は過去 1 年間安定しています。会社概要設立従業員CEO（最高経営責任者ウェブサイト200511,625Sheng Liuwww.zj-innolight.com中吉Innolight Co., Ltd.は、中国で光通信トランシーバモジュールおよび光デバイスの研究、開発、生産、販売を行っている。同社は以前、山東中智電器設備有限公司として知られていたが、2017年9月に中智イノライト有限公司に社名を変更した。Zhongji Innolight Co., Ltd.は1987年に設立され、中国の龍口に本社を置いている。もっと見るZhongji Innolight Co., Ltd. 基礎のまとめZhongji Innolight の収益と売上を時価総額と比較するとどうか。300308 基礎統計学時価総額CN¥1.36t収益（TTM）CN¥14.95b売上高(TTM)CN¥51.06b91.2xPER（株価収益率26.7xP/Sレシオ300308 は割高か？公正価値と評価分析を参照収益と収入最新の決算報告書（TTM）に基づく主な収益性統計300308 損益計算書（TTM）収益CN¥51.06b売上原価CN¥28.58b売上総利益CN¥22.48bその他の費用CN¥7.53b収益CN¥14.95b直近の収益報告Mar 31, 2026次回決算日Aug 24, 2026一株当たり利益（EPS）13.41グロス・マージン44.03%純利益率29.28%有利子負債／自己資本比率4.4%300308 の長期的なパフォーマンスは？過去の実績と比較を見る配当金0.1%現在の配当利回り10%配当性向View Valuation企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/07/01 22:50終値2026/07/01 00:00収益2026/03/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレークこのレポートを生成するために使用した分析モデルの詳細は、当社の Github ページ でご覧いただけます。また、レポートの使い方に関する ガイド や YouTube の チュートリアル もご用意しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Zhongji Innolight Co., Ltd. 14 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。32 アナリスト機関Kexin ZhuBofA Global ResearchLin SuCCB International Securities LimitedLiangbi ZhaoChina Galaxy Securities Co., Ltd.29 その他のアナリストを表示
お知らせ • 11hZhongji Innolight Co., Ltd. to Report First Half, 2026 Results on Aug 24, 2026Zhongji Innolight Co., Ltd. announced that they will report first half, 2026 results on Aug 24, 2026
Price Target Changed • Jun 09Price target increased by 8.6% to CN¥948Up from CN¥873, the current price target is an average from 12 analysts. New target price is 20% below last closing price of CN¥1,180. Stock is up 995% over the past year. The company is forecast to post earnings per share of CN¥26.54 for next year compared to CN¥9.80 last year.
Valuation Update With 7 Day Price Move • May 12Investor sentiment improves as stock rises 19%After last week's 19% share price gain to CN¥1,018, the stock trades at a forward P/E ratio of 34x. Average forward P/E is 65x in the Communications industry in China. Total returns to shareholders of 1,775% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥802 per share.
Major Estimate Revision • Apr 23Consensus revenue estimates increase by 31%The consensus outlook for revenues in fiscal year 2026 has improved. 2026 revenue forecast increased from CN¥73.0b to CN¥95.7b. EPS estimate increased from CN¥21.57 to CN¥27.27 per share. Net income forecast to grow 125% next year vs 82% growth forecast for Communications industry in China. Consensus price target up from CN¥677 to CN¥873. Share price rose 11% to CN¥897 over the past week.
New Risk • Apr 17New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 32% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (32% accrual ratio). Minor Risk Share price has been volatile over the past 3 months (9.1% average weekly change).
Valuation Update With 7 Day Price Move • Apr 09Investor sentiment improves as stock rises 19%After last week's 19% share price gain to CN¥693, the stock trades at a forward P/E ratio of 32x. Average forward P/E is 62x in the Communications industry in China. Total returns to shareholders of 1,413% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥433 per share.
お知らせ • 11hZhongji Innolight Co., Ltd. to Report First Half, 2026 Results on Aug 24, 2026Zhongji Innolight Co., Ltd. announced that they will report first half, 2026 results on Aug 24, 2026
Price Target Changed • Jun 09Price target increased by 8.6% to CN¥948Up from CN¥873, the current price target is an average from 12 analysts. New target price is 20% below last closing price of CN¥1,180. Stock is up 995% over the past year. The company is forecast to post earnings per share of CN¥26.54 for next year compared to CN¥9.80 last year.
Valuation Update With 7 Day Price Move • May 12Investor sentiment improves as stock rises 19%After last week's 19% share price gain to CN¥1,018, the stock trades at a forward P/E ratio of 34x. Average forward P/E is 65x in the Communications industry in China. Total returns to shareholders of 1,775% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥802 per share.
Major Estimate Revision • Apr 23Consensus revenue estimates increase by 31%The consensus outlook for revenues in fiscal year 2026 has improved. 2026 revenue forecast increased from CN¥73.0b to CN¥95.7b. EPS estimate increased from CN¥21.57 to CN¥27.27 per share. Net income forecast to grow 125% next year vs 82% growth forecast for Communications industry in China. Consensus price target up from CN¥677 to CN¥873. Share price rose 11% to CN¥897 over the past week.
New Risk • Apr 17New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 32% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (32% accrual ratio). Minor Risk Share price has been volatile over the past 3 months (9.1% average weekly change).
Valuation Update With 7 Day Price Move • Apr 09Investor sentiment improves as stock rises 19%After last week's 19% share price gain to CN¥693, the stock trades at a forward P/E ratio of 32x. Average forward P/E is 62x in the Communications industry in China. Total returns to shareholders of 1,413% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥433 per share.
Major Estimate Revision • Apr 07Consensus revenue estimates fall by 12%The consensus outlook for revenues in fiscal year 2026 has deteriorated. 2026 revenue forecast decreased from CN¥82.5b to CN¥73.0b. EPS estimate fell from CN¥22.94 to CN¥21.57 per share. Net income forecast to grow 122% next year vs 72% growth forecast for Communications industry in China. Consensus price target broadly unchanged at CN¥677. Share price rose 8.8% to CN¥620 over the past week.
Reported Earnings • Apr 02Full year 2025 earnings: EPS and revenues exceed analyst expectationsFull year 2025 results: EPS: CN¥9.80 (up from CN¥4.72 in FY 2024). Revenue: CN¥38.2b (up 60% from FY 2024). Net income: CN¥10.8b (up 109% from FY 2024). Profit margin: 28% (up from 22% in FY 2024). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 2.0%. Earnings per share (EPS) also surpassed analyst estimates by 2.4%. Revenue is forecast to grow 35% p.a. on average during the next 3 years, compared to a 29% growth forecast for the Communications industry in China. Over the last 3 years on average, earnings per share has increased by 69% per year but the company’s share price has increased by 130% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Mar 31+ 1 more updateZhongji Innolight Co., Ltd. to Report Q1, 2026 Results on Apr 24, 2026Zhongji Innolight Co., Ltd. announced that they will report Q1, 2026 results on Apr 24, 2026
Reported Earnings • Mar 02Full year 2025 earnings released: EPS: CN¥9.80 (vs CN¥4.72 in FY 2024)Full year 2025 results: EPS: CN¥9.80 (up from CN¥4.72 in FY 2024). Revenue: CN¥38.2b (up 60% from FY 2024). Net income: CN¥10.8b (up 109% from FY 2024). Profit margin: 28% (up from 22% in FY 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 33% p.a. on average during the next 3 years, compared to a 30% growth forecast for the Communications industry in China. Over the last 3 years on average, earnings per share has increased by 69% per year but the company’s share price has increased by 176% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • Feb 06Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to CN¥540, the stock trades at a forward P/E ratio of 31x. Average forward P/E is 46x in the Communications industry in China. Total returns to shareholders of 2,084% over the past three years.
お知らせ • Dec 31Zhongji Innolight Co., Ltd. to Report Fiscal Year 2025 Results on Mar 31, 2026Zhongji Innolight Co., Ltd. announced that they will report fiscal year 2025 results on Mar 31, 2026
Valuation Update With 7 Day Price Move • Dec 01Investor sentiment improves as stock rises 18%After last week's 18% share price gain to CN¥538, the stock trades at a forward P/E ratio of 35x. Average forward P/E is 43x in the Communications industry in China. Total returns to shareholders of 2,551% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥994 per share.
Price Target Changed • Nov 28Price target increased by 8.2% to CN¥606Up from CN¥560, the current price target is an average from 17 analysts. New target price is 18% above last closing price of CN¥515. Stock is up 306% over the past year. The company is forecast to post earnings per share of CN¥9.64 for next year compared to CN¥4.72 last year.
Reported Earnings • Oct 31Third quarter 2025 earnings: EPS and revenues miss analyst expectationsThird quarter 2025 results: EPS: CN¥2.83 (up from CN¥1.25 in 3Q 2024). Revenue: CN¥10.2b (up 57% from 3Q 2024). Net income: CN¥3.14b (up 125% from 3Q 2024). Profit margin: 31% (up from 21% in 3Q 2024). 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 2.5%. Revenue is forecast to grow 25% p.a. on average during the next 3 years, compared to a 24% growth forecast for the Communications industry in China. Over the last 3 years on average, earnings per share has increased by 67% per year but the company’s share price has increased by 180% per year, which means it is tracking significantly ahead of earnings growth.
Price Target Changed • Oct 31Price target increased by 7.6% to CN¥436Up from CN¥406, the current price target is an average from 15 analysts. New target price is 7.7% below last closing price of CN¥473. Stock is up 236% over the past year. The company is forecast to post earnings per share of CN¥9.89 for next year compared to CN¥4.72 last year.
Valuation Update With 7 Day Price Move • Oct 21Investor sentiment improves as stock rises 28%After last week's 28% share price gain to CN¥442, the stock trades at a forward P/E ratio of 40x. Average forward P/E is 45x in the Communications industry in China. Total returns to shareholders of 2,150% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥349 per share.
Buy Or Sell Opportunity • Oct 21Now 27% overvalued after recent price riseOver the last 90 days, the stock has risen 137% to CN¥442. The fair value is estimated to be CN¥349, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 45% over the last 3 years. Earnings per share has grown by 66%. For the next 3 years, revenue is forecast to grow by 29% per annum. Earnings are also forecast to grow by 31% per annum over the same time period.
Upcoming Dividend • Oct 06Upcoming dividend of CN¥0.40 per shareEligible shareholders must have bought the stock before 13 October 2025. Payment date: 13 October 2025. Payout ratio is a comfortable 15% and this is well supported by cash flows. Trailing yield: 0.1%. Lower than top quartile of Chinese dividend payers (1.9%). Lower than average of industry peers (0.7%).
お知らせ • Sep 30Zhongji Innolight Co., Ltd. to Report Q3, 2025 Results on Oct 31, 2025Zhongji Innolight Co., Ltd. announced that they will report Q3, 2025 results on Oct 31, 2025
Buy Or Sell Opportunity • Sep 29Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 187% to CN¥417. The fair value is estimated to be CN¥346, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 45% over the last 3 years. Earnings per share has grown by 66%. For the next 3 years, revenue is forecast to grow by 29% per annum. Earnings are also forecast to grow by 31% per annum over the same time period.
Buy Or Sell Opportunity • Sep 11Now 22% overvalued after recent price riseOver the last 90 days, the stock has risen 277% to CN¥440. The fair value is estimated to be CN¥360, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 45% over the last 3 years. Earnings per share has grown by 66%. For the next 3 years, revenue is forecast to grow by 28% per annum. Earnings are also forecast to grow by 30% per annum over the same time period.
Valuation Update With 7 Day Price Move • Sep 02Investor sentiment improves as stock rises 22%After last week's 22% share price gain to CN¥384, the stock trades at a forward P/E ratio of 37x. Average forward P/E is 51x in the Communications industry in China. Total returns to shareholders of 1,734% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥383 per share.
Reported Earnings • Aug 28Second quarter 2025 earnings: EPS exceeds analyst expectations while revenues lag behindSecond quarter 2025 results: EPS: CN¥2.20 (up from CN¥1.23 in 2Q 2024). Revenue: CN¥8.11b (up 36% from 2Q 2024). Net income: CN¥2.41b (up 79% from 2Q 2024). Profit margin: 30% (up from 23% in 2Q 2024). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 3.1%. Earnings per share (EPS) exceeded analyst estimates by 25%. Revenue is forecast to grow 25% p.a. on average during the next 3 years, compared to a 21% growth forecast for the Communications industry in China. Over the last 3 years on average, earnings per share has increased by 66% per year but the company’s share price has increased by 160% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Aug 28Zhongji Innolight Co., Ltd. Proposes Interim Profit Distribution Plan for 2025Zhongji Innolight Co., Ltd. at 3rd EGM to be held on September 17, 2025 proposed interim profit distribution plan for 2025. For the period, the company reported Cash dividend/10 shares (tax included): CNY4.00000000.
Major Estimate Revision • Aug 27Consensus EPS estimates increase by 16%, revenue downgradedThe consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast fell from CN¥36.9b to CN¥36.0b. EPS estimate rose from CN¥7.78 to CN¥9.05. Net income forecast to grow 89% next year vs 50% growth forecast for Communications industry in China. Consensus price target up from CN¥218 to CN¥274. Share price rose 21% to CN¥325 over the past week.
Price Target Changed • Aug 27Price target increased by 11% to CN¥215Up from CN¥194, the current price target is an average from 14 analysts. New target price is 34% below last closing price of CN¥325. Stock is up 189% over the past year. The company is forecast to post earnings per share of CN¥9.05 for next year compared to CN¥4.72 last year.
Valuation Update With 7 Day Price Move • Aug 18Investor sentiment improves as stock rises 21%After last week's 21% share price gain to CN¥260, the stock trades at a forward P/E ratio of 32x. Average forward P/E is 48x in the Communications industry in China. Total returns to shareholders of 1,010% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥377 per share.
Price Target Changed • Aug 05Price target increased by 8.3% to CN¥179Up from CN¥165, the current price target is an average from 14 analysts. New target price is 15% below last closing price of CN¥211. Stock is up 84% over the past year. The company is forecast to post earnings per share of CN¥7.69 for next year compared to CN¥4.72 last year.
Valuation Update With 7 Day Price Move • Jul 31Investor sentiment improves as stock rises 18%After last week's 18% share price gain to CN¥218, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 49x in the Communications industry in China. Total returns to shareholders of 848% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥377 per share.
Price Target Changed • Jul 16Price target increased by 8.2% to CN¥143Up from CN¥132, the current price target is an average from 15 analysts. New target price is 16% below last closing price of CN¥171. Stock is up 20% over the past year. The company is forecast to post earnings per share of CN¥7.37 for next year compared to CN¥4.72 last year.
Valuation Update With 7 Day Price Move • Jul 15Investor sentiment improves as stock rises 21%After last week's 21% share price gain to CN¥175, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 44x in the Communications industry in China. Total returns to shareholders of 641% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥109 per share.
お知らせ • Jul 02Zhongji Innolight Co., Ltd. to Report First Half, 2025 Results on Aug 27, 2025Zhongji Innolight Co., Ltd. announced that they will report first half, 2025 results on Aug 27, 2025
Valuation Update With 7 Day Price Move • Jul 01Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CN¥145, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 49x in the Communications industry in China. Total returns to shareholders of 567% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥111 per share.
Buy Or Sell Opportunity • Jun 19Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 25% to CN¥128. The fair value is estimated to be CN¥107, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 42% over the last 3 years. Earnings per share has grown by 65%. For the next 3 years, revenue is forecast to grow by 20% per annum. Earnings are also forecast to grow by 21% per annum over the same time period.
Declared Dividend • Jun 16Dividend of CN¥0.50 announcedShareholders will receive a dividend of CN¥0.50. Ex-date: 19th June 2025 Payment date: 19th June 2025 Dividend yield will be 0.4%, which is lower than the industry average of 1.2%. Sustainability & Growth Dividend is well covered by both earnings (10% earnings payout ratio) and cash flows (26% cash payout ratio). The dividend has increased by an average of 58% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 77% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Valuation Update With 7 Day Price Move • Jun 09Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CN¥109, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 41x in the Communications industry in China. Total returns to shareholders of 365% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥106 per share.
お知らせ • May 17Zhongji Innolight Co., Ltd. Approves Cash Dividend (Tax Included) for the Year 2024Zhongji Innolight Co., Ltd. at the Annual General Meeting of 2024 on 15 May 2025, approved cash dividend (tax included) for the year 2024 of CNY 5.00000000 per 10 shares.
Valuation Update With 7 Day Price Move • May 08Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CN¥96.49, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 40x in the Communications industry in China. Total returns to shareholders of 334% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥106 per share.
Board Change • Apr 23High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Independent Director Yan Zhuang was the last director to join the board, commencing their role in 2025. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
Price Target Changed • Apr 23Price target decreased by 11% to CN¥151Down from CN¥169, the current price target is an average from 17 analysts. New target price is 81% above last closing price of CN¥83.52. Stock is down 31% over the past year. The company is forecast to post earnings per share of CN¥7.32 for next year compared to CN¥4.72 last year.
Reported Earnings • Apr 22First quarter 2025 earnings: EPS exceeds analyst expectations while revenues lag behindFirst quarter 2025 results: EPS: CN¥1.44 (up from CN¥0.93 in 1Q 2024). Revenue: CN¥6.67b (up 38% from 1Q 2024). Net income: CN¥1.58b (up 57% from 1Q 2024). Profit margin: 24% (up from 21% in 1Q 2024). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 5.3%. Earnings per share (EPS) exceeded analyst estimates by 1.2%. Revenue is forecast to grow 23% p.a. on average during the next 3 years, compared to a 19% growth forecast for the Communications industry in China. Over the last 3 years on average, earnings per share has increased by 65% per year but the company’s share price has only increased by 55% per year, which means it is significantly lagging earnings growth.
お知らせ • Apr 22Zhongji Innolight Co., Ltd. Proposes Final Cash Dividend for the Year 2024Zhongji Innolight Co., Ltd. proposed final cash dividend of CNY 5.00000000 per 10 shares (tax included) for the year 2024.
Price Target Changed • Apr 21Price target decreased by 8.0% to CN¥160Down from CN¥174, the current price target is an average from 17 analysts. New target price is 98% above last closing price of CN¥81.19. Stock is down 28% over the past year. The company is forecast to post earnings per share of CN¥7.23 for next year compared to CN¥4.71 last year.
お知らせ • Apr 21Zhongji Innolight Co., Ltd., Annual General Meeting, May 15, 2025Zhongji Innolight Co., Ltd., Annual General Meeting, May 15, 2025, at 14:00 China Standard Time. Location: The Company's Meeting Room, Longkou, Shandong China
New Risk • Apr 07New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Chinese stocks, typically moving 11% 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.
Valuation Update With 7 Day Price Move • Apr 07Investor sentiment deteriorates as stock falls 24%After last week's 24% share price decline to CN¥75.10, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 42x in the Communications industry in China. Total returns to shareholders of 258% over the past three years.
お知らせ • Mar 31Zhongji Innolight Co., Ltd. to Report Q1, 2025 Results on Apr 21, 2025Zhongji Innolight Co., Ltd. announced that they will report Q1, 2025 results on Apr 21, 2025
Major Estimate Revision • Mar 12Consensus revenue estimates increase by 26%, EPS downgradedThe consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast increased from CN¥29.8b to CN¥37.6b. EPS estimate fell from CN¥7.63 to CN¥7.15. Net income forecast to grow 61% next year vs 66% growth forecast for Communications industry in China. Consensus price target down from CN¥191 to CN¥180. Share price was steady at CN¥102 over the past week.
Reported Earnings • Mar 01Full year 2024 earnings released: EPS: CN¥4.71 (vs CN¥2.00 in FY 2023)Full year 2024 results: EPS: CN¥4.71 (up from CN¥2.00 in FY 2023). Revenue: CN¥23.9b (up 123% from FY 2023). Net income: CN¥5.17b (up 138% from FY 2023). Profit margin: 22% (up from 20% in FY 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 29% p.a. on average during the next 3 years, compared to a 19% growth forecast for the Communications industry in China. Over the last 3 years on average, earnings per share has increased by 63% per year but the company’s share price has only increased by 55% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Feb 28Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to CN¥101, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 40x in the Communications industry in China. Total returns to shareholders of 280% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥163 per share.
New Risk • Feb 05New 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 9.4% 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: Major Risk High level of non-cash earnings (43% accrual ratio). Minor Risk Share price has been volatile over the past 3 months (9.4% average weekly change).
Valuation Update With 7 Day Price Move • Jan 22Investor sentiment improves as stock rises 19%After last week's 19% share price gain to CN¥132, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 31x in the Communications industry in China. Total returns to shareholders of 408% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥196 per share.
お知らせ • Dec 31Zhongji Innolight Co., Ltd. to Report Fiscal Year 2024 Results on Apr 21, 2025Zhongji Innolight Co., Ltd. announced that they will report fiscal year 2024 results on Apr 21, 2025
Valuation Update With 7 Day Price Move • Oct 29Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to CN¥143, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 31x in the Communications industry in China. Total returns to shareholders of 484% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥206 per share.
Price Target Changed • Oct 25Price target increased by 7.7% to CN¥188Up from CN¥174, the current price target is an average from 17 analysts. New target price is 20% above last closing price of CN¥156. Stock is up 145% over the past year. The company is forecast to post earnings per share of CN¥4.78 for next year compared to CN¥2.00 last year.
Reported Earnings • Oct 23Third quarter 2024 earnings: EPS and revenues miss analyst expectationsThird quarter 2024 results: EPS: CN¥1.25 (up from CN¥0.60 in 3Q 2023). Revenue: CN¥6.51b (up 115% from 3Q 2023). Net income: CN¥1.39b (up 104% from 3Q 2023). Profit margin: 21% (down from 23% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 4.7%. Earnings per share (EPS) also missed analyst estimates by 4.5%. Revenue is forecast to grow 31% p.a. on average during the next 3 years, compared to a 22% growth forecast for the Communications industry in China. Over the last 3 years on average, earnings per share has increased by 59% per year but the company’s share price has increased by 87% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • Oct 15Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to CN¥158, the stock trades at a forward P/E ratio of 26x. Average forward P/E is 28x in the Communications industry in China. Total returns to shareholders of 569% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥230 per share.
Buy Or Sell Opportunity • Oct 09Now 28% undervaluedOver the last 90 days, the stock has risen 8.6% to CN¥166. The fair value is estimated to be CN¥230, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 25% over the last 3 years. Earnings per share has grown by 50%. For the next 3 years, revenue is forecast to grow by 33% per annum. Earnings are also forecast to grow by 31% per annum over the same time period.
New Risk • Sep 30New 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. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (9.0% average weekly change). High level of non-cash earnings (39% accrual ratio).
お知らせ • Sep 30Zhongji Innolight Co., Ltd. to Report Q3, 2024 Results on Oct 23, 2024Zhongji Innolight Co., Ltd. announced that they will report Q3, 2024 results on Oct 23, 2024
Valuation Update With 7 Day Price Move • Sep 28Investor sentiment improves as stock rises 23%After last week's 23% share price gain to CN¥134, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 24x in the Communications industry in China. Total returns to shareholders of 443% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥231 per share.
Valuation Update With 7 Day Price Move • Sep 13Investor sentiment improves as stock rises 17%After last week's 17% share price gain to CN¥116, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 22x in the Communications industry in China. Total returns to shareholders of 373% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥231 per share.
Reported Earnings • Aug 26Second quarter 2024 earnings released: EPS: CN¥2.87 (vs CN¥0.33 in 2Q 2023)Second quarter 2024 results: EPS: CN¥2.87 (up from CN¥0.33 in 2Q 2023). Revenue: CN¥5.96b (up 175% from 2Q 2023). Net income: CN¥1.35b (up 271% from 2Q 2023). Profit margin: 23% (up from 17% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 35% p.a. on average during the next 3 years, compared to a 21% growth forecast for the Communications industry in China. Over the last 3 years on average, earnings per share has increased by 54% per year but the company’s share price has increased by 64% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • Aug 05Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to CN¥110, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 24x in the Communications industry in China. Total returns to shareholders of 271% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥199 per share.
Buy Or Sell Opportunity • Jul 19Now 23% undervaluedOver the last 90 days, the stock has risen 11% to CN¥135. The fair value is estimated to be CN¥175, 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 38%. For the next 3 years, revenue is forecast to grow by 33% per annum. Earnings are also forecast to grow by 32% per annum over the same time period.
Price Target Changed • Jul 15Price target increased by 7.0% to CN¥161Up from CN¥151, the current price target is an average from 17 analysts. New target price is 7.7% above last closing price of CN¥150. Stock is up 33% over the past year. The company is forecast to post earnings per share of CN¥4.58 for next year compared to CN¥2.00 last year.
お知らせ • Jun 29Zhongji Innolight Co., Ltd. to Report First Half, 2024 Results on Aug 26, 2024Zhongji Innolight Co., Ltd. announced that they will report first half, 2024 results on Aug 26, 2024
Price Target Changed • Jun 18Price target increased by 7.3% to CN¥152Up from CN¥141, the current price target is an average from 16 analysts. New target price is approximately in line with last closing price of CN¥147. Stock is up 21% over the past year. The company is forecast to post earnings per share of CN¥4.57 for next year compared to CN¥2.00 last year.
Valuation Update With 7 Day Price Move • Jun 05Investor sentiment deteriorates as stock falls 26%After last week's 26% share price decline to CN¥119, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 28x in the Communications industry in China. Total returns to shareholders of 204% over the past three years.
Declared Dividend • Jun 03Dividend increased to CN¥0.45Dividend of CN¥0.45 is 125% higher than last year. Ex-date: 6th June 2024 Payment date: 6th June 2024 Dividend yield will be 0.3%, which is lower than the industry average of 1.2%.
お知らせ • Jun 01Zhongji Innolight Co., Ltd. Announces Implementation of Cash Dividend A Shares for the Year 2023, Payable on 06 June 2024Zhongji Innolight Co., Ltd. announced 2023 final profit distribution plan to be implemented (A shares) as Cash dividend/10 shares (tax included): CNY 4.50000000. Record date: 05 June 2024, Ex-date: 06 June 2024, Payment date: 06 June 2024.
お知らせ • May 25Zhongji Innolight Co., Ltd. Approves 2023 Profit Distribution PlanThe Zhongji Innolight Co., Ltd. held its Annual General Meeting of 2023 on 23 May 2024, and approved 2023 profit distribution plan, Cash dividend/10 shares (tax included): CNY 4.50000000.
Price Target Changed • Apr 25Price target increased by 9.4% to CN¥192Up from CN¥175, the current price target is an average from 16 analysts. New target price is 17% above last closing price of CN¥164. Stock is up 109% over the past year. The company is forecast to post earnings per share of CN¥6.21 for next year compared to CN¥2.80 last year.
Reported Earnings • Apr 22First quarter 2024 earnings released: EPS: CN¥1.30 (vs CN¥0.31 in 1Q 2023)First quarter 2024 results: EPS: CN¥1.30 (up from CN¥0.31 in 1Q 2023). Revenue: CN¥4.84b (up 164% from 1Q 2023). Net income: CN¥1.01b (up 304% from 1Q 2023). Profit margin: 21% (up from 14% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 29% p.a. on average during the next 3 years, compared to a 23% growth forecast for the Communications industry in China. Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has increased by 68% per year, which means it is tracking significantly ahead of earnings growth.
Price Target Changed • Apr 08Price target increased by 8.3% to CN¥171Up from CN¥158, the current price target is an average from 16 analysts. New target price is approximately in line with last closing price of CN¥165. Stock is up 134% over the past year. The company is forecast to post earnings per share of CN¥5.73 for next year compared to CN¥2.81 last year.
お知らせ • Mar 30Zhongji Innolight Co., Ltd. to Report Q1, 2024 Results on Apr 22, 2024Zhongji Innolight Co., Ltd. announced that they will report Q1, 2024 results on Apr 22, 2024
Buy Or Sell Opportunity • Mar 29Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 39% to CN¥157. The fair value is estimated to be CN¥129, 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 27%. For the next 3 years, revenue is forecast to grow by 37% per annum. Earnings are also forecast to grow by 34% per annum over the same time period.
Buy Or Sell Opportunity • Feb 29Now 22% overvalued after recent price riseOver the last 90 days, the stock has risen 55% to CN¥155. The fair value is estimated to be CN¥127, 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 27%. For the next 3 years, revenue is forecast to grow by 36% per annum. Earnings are also forecast to grow by 33% per annum over the same time period.
Reported Earnings • Feb 29Full year 2023 earnings released: EPS: CN¥2.81 (vs CN¥1.54 in FY 2022)Full year 2023 results: EPS: CN¥2.81 (up from CN¥1.54 in FY 2022). Revenue: CN¥10.7b (up 11% from FY 2022). Net income: CN¥2.18b (up 78% from FY 2022). Profit margin: 20% (up from 13% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 36% p.a. on average during the next 3 years, compared to a 24% growth forecast for the Communications industry in China. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has increased by 53% per year, which means it is tracking significantly ahead of earnings growth.
