View Past PerformanceShenzhen MinDe Electronics Technology バランスシートの健全性財務の健全性 基準チェック /06Shenzhen MinDe Electronics Technologyの総株主資本はCN¥897.3M 、総負債はCN¥816.8Mで、負債比率は91%となります。総資産と総負債はそれぞれCN¥2.2BとCN¥1.3Bです。主要情報91.03%負債資本比率CN¥816.84m負債インタレスト・カバレッジ・レシオn/a現金CN¥90.72mエクイティCN¥897.32m負債合計CN¥1.32b総資産CN¥2.21b財務の健全性に関する最新情報分析記事 • Nov 18Is Shenzhen MinDe Electronics Technology (SZSE:300656) A Risky Investment?Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...分析記事 • Jun 06Is Shenzhen MinDe Electronics Technology (SZSE:300656) A Risky Investment?Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...すべての更新を表示Recent updatesReported Earnings • Apr 29Full year 2025 earnings released: CN¥0.60 loss per share (vs CN¥0.66 loss in FY 2024)Full year 2025 results: CN¥0.60 loss per share (improved from CN¥0.66 loss in FY 2024). Revenue: CN¥303.2m (down 26% from FY 2024). Net loss: CN¥101.8m (loss narrowed 11% from FY 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 110 percentage points per year, which is a significant difference in performance.お知らせ • Apr 29Shenzhen MinDe Electronics Technology Ltd., Annual General Meeting, May 19, 2026Shenzhen MinDe Electronics Technology Ltd., Annual General Meeting, May 19, 2026, at 15:00 China Standard Time. Location: The Company's Meeting Room, Shenzhen, Guangdong Chinaお知らせ • Mar 31Shenzhen MinDe Electronics Technology Ltd. to Report Q1, 2026 Results on Apr 29, 2026Shenzhen MinDe Electronics Technology Ltd. announced that they will report Q1, 2026 results on Apr 29, 2026お知らせ • Feb 28Shenzhen MinDe Electronics Technology Ltd. announced that it expects to receive CNY 1 billion in fundingShenzhen MinDe Electronics Technology Ltd. announced a 2026 Private Placement of not more than 51,337,521 A Shares at an issue price of not less than 80% of the average price in the 20 trading days before the pricing reference date for g4oss proceeds of CNY 1,000,000,000 on February 26, 2026. The transaction will include participation from not more than 35 investors. The transaction has been approved in 19th Meeting of the Company’s 4th Directorate, subject to the approvals of the Company’s Shareholders, the Shenzhen Stock Exchange, and the China Securities Regulatory Commission. The shares cannot be transferred within 6 months from the issuance closing date.New Risk • Feb 04New 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 7.5% 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 Risks Debt is not well covered by operating cash flow (6.8% operating cash flow to total debt). Earnings have declined by 55% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (7.5% average weekly change).お知らせ • Dec 31Shenzhen MinDe Electronics Technology Ltd. to Report Fiscal Year 2025 Results on Apr 29, 2026Shenzhen MinDe Electronics Technology Ltd. announced that they will report fiscal year 2025 results on Apr 29, 2026Reported Earnings • Oct 30Third quarter 2025 earnings released: CN¥0.13 loss per share (vs CN¥0.015 loss in 3Q 2024)Third quarter 2025 results: CN¥0.13 loss per share (further deteriorated from CN¥0.015 loss in 3Q 2024). Revenue: CN¥94.1m (down 4.8% from 3Q 2024). Net loss: CN¥21.5m (loss widened CN¥19.0m from 3Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 112 percentage points per year, which is a significant difference in performance.お知らせ • Sep 30Shenzhen MinDe Electronics Technology Ltd. to Report Q3, 2025 Results on Oct 29, 2025Shenzhen MinDe Electronics Technology Ltd. announced that they will report Q3, 2025 results on Oct 29, 2025Board Change • Aug 27Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Qian Xin was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.お知らせ • Jul 02Shenzhen MinDe Electronics Technology Ltd. to Report First Half, 2025 Results on Aug 28, 2025Shenzhen MinDe Electronics Technology Ltd. announced that they will report first half, 2025 results on Aug 28, 2025New Risk • May 26New 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 10% 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 Debt is not well covered by operating cash flow (14% operating cash flow to total debt). Share price has been highly volatile over the past 3 months (10% average weekly change). Earnings have declined by 36% per year over the past 5 years.New Risk • May 19New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 14% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (14% operating cash flow to total debt). Earnings have declined by 36% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (9.8% average weekly change).New Risk • May 05New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 15% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (15% operating cash flow to total debt). Earnings have declined by 37% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (9.8% average weekly change).Reported Earnings • Apr 23Full year 2024 earnings released: CN¥0.66 loss per share (vs CN¥0.073 profit in FY 2023)Full year 2024 results: CN¥0.66 loss per share (down from CN¥0.073 profit in FY 2023). Revenue: CN¥409.4m (up 2.5% from FY 2023). Net loss: CN¥113.9m (down CN¥126.5m from profit in FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 89 percentage points per year, which is a significant difference in performance.お知らせ • Apr 20Shenzhen MinDe Electronics Technology Ltd., Annual General Meeting, May 09, 2025Shenzhen MinDe Electronics Technology Ltd., Annual General Meeting, May 09, 2025, at 15:00 China Standard Time. Location: The Company's Meeting Room, Shenzhen, Guangdong ChinaNew Risk • Apr 11New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 9.7% 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: Major Risk Earnings have declined by 9.8% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (9.7% average weekly change).お知らせ • Mar 31Shenzhen MinDe Electronics Technology Ltd. to Report Q1, 2025 Results on Apr 29, 2025Shenzhen MinDe Electronics Technology Ltd. announced that they will report Q1, 2025 results on Apr 29, 2025分析記事 • Mar 25Subdued Growth No Barrier To Shenzhen MinDe Electronics Technology Ltd.'s (SZSE:300656) PriceWith a price-to-sales (or "P/S") ratio of 10.8x Shenzhen MinDe Electronics Technology Ltd. ( SZSE:300656 ) may be...New Risk • Jan 12New major risk - Financial data availabilityThe company has not reported any financial data. This is considered a major risk. With no or incomplete audited reported financial data, it is virtually impossible to assess the company's investment potential. Currently, the following risks have been identified for the company: Major Risks No financial data reported. Share price has been highly volatile over the past 3 months (12% average weekly change).お知らせ • Dec 31Shenzhen MinDe Electronics Technology Ltd. to Report Fiscal Year 2024 Results on Apr 19, 2025Shenzhen MinDe Electronics Technology Ltd. announced that they will report fiscal year 2024 results on Apr 19, 2025分析記事 • Nov 28Risks Still Elevated At These Prices As Shenzhen MinDe Electronics Technology Ltd. (SZSE:300656) Shares Dive 29%Shenzhen MinDe Electronics Technology Ltd. ( SZSE:300656 ) shares have retraced a considerable 29% in the last month...分析記事 • Nov 18Is Shenzhen MinDe Electronics Technology (SZSE:300656) A Risky Investment?Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...Reported Earnings • Oct 25Third quarter 2024 earnings released: CN¥0.015 loss per share (vs CN¥0.02 profit in 3Q 2023)Third quarter 2024 results: CN¥0.015 loss per share (down from CN¥0.02 profit in 3Q 2023). Revenue: CN¥98.9m (down 1.1% from 3Q 2023). Net loss: CN¥2.49m (down 174% from profit in 3Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 60 percentage points per year, which is a significant difference in performance.分析記事 • Oct 22Shenzhen MinDe Electronics Technology (SZSE:300656) Could Be Struggling To Allocate CapitalFinding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...分析記事 • Sep 30Shenzhen MinDe Electronics Technology Ltd.'s (SZSE:300656) 26% Share Price Surge Not Quite Adding UpShenzhen MinDe Electronics Technology Ltd. ( SZSE:300656 ) shareholders have had their patience rewarded with a 26...お知らせ • Sep 30Shenzhen MinDe Electronics Technology Ltd. to Report Q3, 2024 Results on Oct 25, 2024Shenzhen MinDe Electronics Technology Ltd. announced that they will report Q3, 2024 results on Oct 25, 2024New Risk • Sep 21New major risk - Revenue and earnings growthEarnings have declined by 2.4% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (8.7% average weekly change). Earnings have declined by 2.4% per year over the past 5 years.Reported Earnings • Aug 29Second quarter 2024 earnings released: CN¥0.045 loss per share (vs CN¥0.045 profit in 2Q 2023)Second quarter 2024 results: CN¥0.045 loss per share (down from CN¥0.045 profit in 2Q 2023). Revenue: CN¥95.2m (down 13% from 2Q 2023). Net loss: CN¥7.91m (down 202% from profit in 2Q 2023). Over the last 3 years on average, earnings per share has fallen by 36% 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.分析記事 • Jul 05Some Investors May Be Worried About Shenzhen MinDe Electronics Technology's (SZSE:300656) Returns On CapitalIf we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...お知らせ • Jun 29Shenzhen MinDe Electronics Technology Ltd. to Report First Half, 2024 Results on Aug 29, 2024Shenzhen MinDe Electronics Technology Ltd. announced that they will report first half, 2024 results on Aug 29, 2024分析記事 • Jun 07What Shenzhen MinDe Electronics Technology Ltd.'s (SZSE:300656) 30% Share Price Gain Is Not Telling YouThe Shenzhen MinDe Electronics Technology Ltd. ( SZSE:300656 ) share price has done very well over the last month...New Risk • Jun 06New 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 9.8% 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 (9.8% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.7% net profit margin).分析記事 • Jun 06Is Shenzhen MinDe Electronics Technology (SZSE:300656) A Risky Investment?Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...Declared Dividend • May 29Dividend of CN¥0.03 announcedShareholders will receive a dividend of CN¥0.03. Ex-date: 31st May 2024 Payment date: 31st May 2024 Dividend yield will be 0.2%, which is lower than the industry average of 1.8%. Payout Ratios Payout ratio: 41%. Cash payout ratio: 21%.分析記事 • Apr 26We Think You Can Look Beyond Shenzhen MinDe Electronics Technology's (SZSE:300656) Lackluster EarningsThe market for Shenzhen MinDe Electronics Technology Ltd.'s ( SZSE:300656 ) shares didn't move much after it posted...お知らせ • Apr 21Shenzhen MinDe Electronics Technology Ltd., Annual General Meeting, May 10, 2024Shenzhen MinDe Electronics Technology Ltd., Annual General Meeting, May 10, 2024, at 15:00 China Standard Time. Location: The Company's Meeting Room, Shenzhen, Guangdong ChinaNew Risk • Apr 20New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 75% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (3.1% net profit margin).Reported Earnings • Apr 20Full year 2023 earnings released: EPS: CN¥0.073 (vs CN¥0.52 in FY 2022)Full year 2023 results: EPS: CN¥0.073 (down from CN¥0.52 in FY 2022). Revenue: CN¥399.5m (down 23% from FY 2022). Net income: CN¥12.6m (down 86% from FY 2022). Profit margin: 3.1% (down from 17% in FY 2022). Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has remained flat, which means it is well ahead of earnings.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¥16.60, the stock trades at a trailing P/E ratio of 52.5x. Average trailing P/E is 37x in the Electronic industry in China. Total loss to shareholders of 11% over the past three years.お知らせ • Mar 30Shenzhen MinDe Electronics Technology Ltd. to Report Q1, 2024 Results on Apr 29, 2024Shenzhen MinDe Electronics Technology Ltd. announced that they will report Q1, 2024 results on Apr 29, 2024お知らせ • Mar 02Shenzhen MinDe Electronics Technology Ltd. (SZSE:300656) commences an Equity Buyback Plan for CNY 30 million worth of its shares, under the authorization approved on February 19, 2024.Shenzhen MinDe Electronics Technology Ltd. (SZSE:300656) commences share repurchases on February 28, 2024, under the program mandated by the shareholders in the Extraordinary General Meeting held on February 19, 2024. As per the mandate, the company is authorized to repurchase up to CNY 30 million worth of its shares. The repurchase price will not more than CNY 34.11 per Share. The repurchases will be funded using company's own funds. All shares repurchased will be canceled and the registered capital will be reduced. The repurchase period will be not more than 12 months. As of January 29, 2024, the company had 172,634,672 shares outstanding.Valuation Update With 7 Day Price Move • Feb 05Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to CN¥17.73, the stock trades at a trailing P/E ratio of 56.1x. Average trailing P/E is 32x in the Electronic industry in China. Total returns to shareholders of 16% over the past three years.New Risk • Jan 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 7.9% 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 • Dec 29Shenzhen MinDe Electronics Technology Ltd. to Report Fiscal Year 2023 Results on Apr 20, 2024Shenzhen MinDe Electronics Technology Ltd. announced that they will report fiscal year 2023 results on Apr 20, 2024New Risk • Nov 29New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 7.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company.Reported Earnings • Oct 25Third quarter 2023 earnings released: EPS: CN¥0.02 (vs CN¥0.12 in 3Q 2022)Third quarter 2023 results: EPS: CN¥0.02 (down from CN¥0.12 in 3Q 2022). Revenue: CN¥100.0m (down 37% from 3Q 2022). Net income: CN¥3.39m (down 83% from 3Q 2022). Profit margin: 3.4% (down from 13% in 3Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 9% per year whereas the company’s share price has increased by 8% per year.お知らせ • May 19Shenzhen MinDe Electronics Technology Ltd. Approves Final Dividend for 2022Shenzhen MinDe Electronics Technology Ltd. approved final dividend of (tax included) CNY 1.00000000 per 10 shares for 2022.Reported Earnings • Apr 26First quarter 2023 earnings released: EPS: CN¥0.038 (vs CN¥0.10 in 1Q 2022)First quarter 2023 results: EPS: CN¥0.038 (down from CN¥0.10 in 1Q 2022). Revenue: CN¥73.4m (down 28% from 1Q 2022). Net income: CN¥5.94m (down 63% from 1Q 2022). Profit margin: 8.1% (down from 16% in 1Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has increased by 33% per year, which means it is tracking significantly ahead of earnings growth.Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Bo Zhang was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • Oct 27Third quarter 2022 earnings released: EPS: CN¥0.13 (vs CN¥0.18 in 3Q 2021)Third quarter 2022 results: EPS: CN¥0.13 (down from CN¥0.18 in 3Q 2021). Revenue: CN¥158.0m (flat on 3Q 2021). Net income: CN¥20.0m (down 23% from 3Q 2021). Profit margin: 13% (down from 16% in 3Q 2021). Over the last 3 years on average, earnings per share has increased by 31% per year whereas the company’s share price has increased by 29% per year.Reported Earnings • Aug 21Second quarter 2022 earnings released: EPS: CN¥0.12 (vs CN¥0.089 in 2Q 2021)Second quarter 2022 results: EPS: CN¥0.12 (up from CN¥0.089 in 2Q 2021). Revenue: CN¥116.0m (flat on 2Q 2021). Net income: CN¥18.4m (up 43% from 2Q 2021). Profit margin: 16% (up from 11% in 2Q 2021). Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has increased by 39% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • May 21Shenzhen MinDe Electronics Technology Ltd. Announces Cash Dividend for 2021, Payable on May 27, 2022Shenzhen MinDe Electronics Technology Ltd. announced 2021 final profit distribution plan to be implemented (A shares) as Cash dividend/10 shares (tax included): CNY 1.00000000. Record date is 26 May 2022, ex-date is 27 May 2022 and Payment date is 27 May 2022.Reported Earnings • Apr 27First quarter 2022 earnings released: EPS: CN¥0.11 (vs CN¥0.11 in 1Q 2021)First quarter 2022 results: EPS: CN¥0.11 (up from CN¥0.11 in 1Q 2021). Revenue: CN¥88.2m (up 2.4% from 1Q 2021). Net income: CN¥13.8m (up 6.9% from 1Q 2021). Profit margin: 16% (in line with 1Q 2021). Over the last 3 years on average, earnings per share has increased by 24% per year whereas the company’s share price has increased by 26% per year.お知らせ • Apr 22Shenzhen MinDe Electronics Technology Ltd. Approves Cash Dividend for the Year 2021Shenzhen MinDe Electronics Technology Ltd. announced that at the Annual General Meeting held on 20 April 2022, approved cash dividend (tax included) of CNY 1.00000000 per ten shares for the year 2021.Reported Earnings • Apr 03Full year 2021 earnings released: EPS: CN¥0.64 (vs CN¥0.43 in FY 2020)Full year 2021 results: EPS: CN¥0.64 (up from CN¥0.43 in FY 2020). Revenue: CN¥546.3m (up 36% from FY 2020). Net income: CN¥76.1m (up 48% from FY 2020). Profit margin: 14% (up from 13% in FY 2020). Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has increased by 29% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Apr 02Shenzhen MinDe Electronics Technology Ltd., Annual General Meeting, Apr 20, 2022Shenzhen MinDe Electronics Technology Ltd., Annual General Meeting, Apr 20, 2022, at 15:00 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 report and its summary; to consider 2021 special report on the deposit and use of raised funds; to consider 2021 annual accounts; to consider 2021 profit distribution plan; to consider 2022 remuneration plan for directors; to consider 2022 remuneration plan for supervisors; to consider 2022 application for comprehensive credit line and project loan quota to financial institutions by the Company and its subsidiaries and guarantee matters ; to consider Amendments to the Company's articles of association and handling of the industrial and commercial registration amendment; to consider 2022 application for comprehensive credit line to financial institutions by the Company and its subsidiaries and guarantee matters; and to consider other matters.お知らせ • Apr 01Shenzhen Minde Electronics Technology Ltd. Proposes Final Dividend for the Year 2021Shenzhen MinDe Electronics Technology Ltd. announced it has proposed a final dividend of CNY 1.00000000 per 10 shares for the year 2021.Reported Earnings • Oct 28Third quarter 2021 earnings released: EPS CN¥0.21 (vs CN¥0.09 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: CN¥157.8m (up 44% from 3Q 2020). Net income: CN¥25.8m (up 140% from 3Q 2020). Profit margin: 16% (up from 9.8% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has increased by 46% per year, which means it is tracking significantly ahead of earnings growth.Reported Earnings • Aug 09Second quarter 2021 earnings released: EPS CN¥0.11 (vs CN¥0.077 in 2Q 2020)The company reported a solid second quarter result with improved earnings and revenues, although profit margins were weaker. Second quarter 2021 results: Revenue: CN¥116.4m (up 71% from 2Q 2020). Net income: CN¥12.8m (up 39% from 2Q 2020). Profit margin: 11% (down from 14% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 42% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • Jun 19Investor sentiment improved over the past weekAfter last week's 19% share price gain to CN¥31.41, the stock trades at a trailing P/E ratio of 66.5x. Average trailing P/E is 37x in the Electronic industry in China. Total returns to shareholders of 74% over the past three years.お知らせ • May 27Shenzhen MinDe Electronics Technology Ltd. (SZSE:300656) agreed to acquire 10% stake in Guang Wei Integration Technology (Shenzhen) Co., Ltd. from Xie Gang for CNY 45 million.Shenzhen MinDe Electronics Technology Ltd. (SZSE:300656) agreed to acquire 10% stake in Guang Wei Integration Technology (Shenzhen) Co., Ltd. from Xie Gang for CNY 45 million on May 25, 2021. Guang Wei Integration Technology reported total assets of CNY 61.7 million and total common equity of CNY 14.2 million till April 31, 2021. Guang Wei Integration Technology reported total assets of CNY 43.8 million, total common equity of CNY 12 million, total revenues of CNY 38.8 million, EBIT of CNY 1.5 million and net profit of CNY 1.4 million for the year ending December 31, 2020. The deal is subject to approval form shareholder of of Shenzhen MinDe Electronics Technology Ltd. and being is approved by board. Within 20 days from the agreement signing date, the transfer will be completed.お知らせ • May 21Shenzhen MinDe Electronics Technology Ltd. Approves Profit Distribution Proposal for 2020Shenzhen MinDe Electronics Technology Ltd. announced at the AGM held on May 18, 2021, it has approved profit distribution proposal for 2020 of (tax included) CNY 1.00000000 per 10 shares.お知らせ • Apr 30Shenzhen MinDe Electronics Technology Ltd. Announces Profit Distribution Proposal for 2020Shenzhen MinDe Electronics Technology Ltd. announced profit distribution proposal for 2020 of (tax included) CNY 1.00000000 per 10 shares.Reported Earnings • Apr 30First quarter 2021 earnings released: EPS CN¥0.12 (vs CN¥0.072 in 1Q 2020)The company reported a solid first quarter result with improved earnings and revenues, although profit margins were weaker. First quarter 2021 results: Revenue: CN¥86.1m (up 80% from 1Q 2020). Net income: CN¥12.9m (up 64% from 1Q 2020). Profit margin: 15% (down from 17% in 1Q 2020). Over the last 3 years on average, earnings per share has fallen by 2% per year whereas the company’s share price has increased by 1% per year.Valuation Update With 7 Day Price Move • Feb 24Investor sentiment improved over the past weekAfter last week's 16% share price gain to CN¥25.76, the stock is trading at a trailing P/E ratio of 68.6x, up from the previous P/E ratio of 59.4x. This compares to an average P/E of 40x in the Electronic industry in China. Total returns to shareholders over the past year are 8.0%.Is New 90 Day High Low • Jan 29New 90-day low: CN¥23.12The company is down 20% from its price of CN¥29.06 on 30 October 2020. The Chinese market is up 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 4.0% over the same period.Valuation Update With 7 Day Price Move • Jan 12Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to CN¥24.35, the stock is trading at a trailing P/E ratio of 64.9x, down from the previous P/E ratio of 78.6x. This compares to an average P/E of 40x in the Electronic industry in China. Total return to shareholders over the past three years is a loss of 21%.Is New 90 Day High Low • Jan 07New 90-day low: CN¥26.28The company is down 9.0% from its price of CN¥29.03 on 09 October 2020. The Chinese market is up 11% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 7.0% over the same period.Valuation Update With 7 Day Price Move • Dec 12Investor sentiment deteriorated over the past weekAfter last week's 18% share price decline to CN¥29.29, the stock is trading at a trailing P/E ratio of 78x, down from the previous P/E ratio of 94.9x. This compares to an average P/E of 45x in the Electronic industry in China. Total return to shareholders over the past three years is a loss of 1.7%.Is New 90 Day High Low • Nov 03New 90-day high: CN¥36.25The company is up 49% from its price of CN¥24.25 on 05 August 2020. The Chinese market is down 5.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is down 4.0% over the same period.Reported Earnings • Oct 29Third quarter earnings releasedOver the last 12 months the company has reported total profits of CN¥40.9m, up 14% from the prior year. Total revenue was CN¥353.2m over the last 12 months, up 37% from the prior year.お知らせ • Aug 13Shenzhen MinDe Electronics Technology Ltd. to Report First Half, 2020 Results on Aug 28, 2020Shenzhen MinDe Electronics Technology Ltd. announced that they will report first half, 2020 results on Aug 28, 2020お知らせ • Jul 31Shenzhen MinDe Electronics Technology Ltd. (SZSE:300656) acquired 45.9% stake in Guang Wei Integration Technology (Shenzhen) Co., Ltd. from Xie Gang, Dan Yadong and Wuxi Airui Investment Partnership (Limited Partnership)Shenzhen MinDe Electronics Technology Ltd. (SZSE:300656) agree to acquire 45.9% stake in Guang Wei Integration Technology (Shenzhen) Co., Ltd. from Xie Gang, Dan Yadong and Wuxi Airui Investment Partnership (Limited Partnership) on June 15, 2020. Under the terms, Shenzhen MinDe will acquire 31.2% stake from Xie Gang, 0.92% stake from DAn Yadong and 13.78% stake from Wuxi Airui Investment Partnership. Post completion, Shenzhen MinDe Electronics hold 73.5% stake in Guang Wei Integration. Shenzhen MinDe Electronics Technology Ltd. (SZSE:300656) completed the acquisition of 45.9% stake in Guang Wei Integration Technology (Shenzhen) Co., Ltd. from Xie Gang, Dan Yadong and Wuxi Airui Investment Partnership (Limited Partnership) on July 1, 2020.財務状況分析短期負債: 300656の 短期資産 ( CN¥371.8M ) は 短期負債 ( CN¥766.9M ) をカバーしていません。長期負債: 300656の短期資産 ( CN¥371.8M ) は 長期負債 ( CN¥550.1M ) をカバーしていません。デット・ツー・エクイティの歴史と分析負債レベル: 300656の 純負債対資本比率 ( 80.9% ) は 高い と見なされます。負債の削減: 300656の負債対資本比率は、過去 5 年間で25.5%から91%に増加しました。債務返済能力: 300656の負債は 営業キャッシュフロー によって 十分にカバーされていません ( 1.8% )。インタレストカバレッジ: 300656の負債に対する 利息支払い が EBIT によって 十分にカバーされている かどうかを判断するにはデータが不十分です。貸借対照表健全な企業の発掘7D1Y7D1Y7D1YTech 業界の健全な企業。View Dividend企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/06/05 16:25終値2026/06/05 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Shenzhen MinDe Electronics Technology 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。0
分析記事 • Nov 18Is Shenzhen MinDe Electronics Technology (SZSE:300656) A Risky Investment?Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
分析記事 • Jun 06Is Shenzhen MinDe Electronics Technology (SZSE:300656) A Risky Investment?Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...
Reported Earnings • Apr 29Full year 2025 earnings released: CN¥0.60 loss per share (vs CN¥0.66 loss in FY 2024)Full year 2025 results: CN¥0.60 loss per share (improved from CN¥0.66 loss in FY 2024). Revenue: CN¥303.2m (down 26% from FY 2024). Net loss: CN¥101.8m (loss narrowed 11% from FY 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 110 percentage points per year, which is a significant difference in performance.
お知らせ • Apr 29Shenzhen MinDe Electronics Technology Ltd., Annual General Meeting, May 19, 2026Shenzhen MinDe Electronics Technology Ltd., Annual General Meeting, May 19, 2026, at 15:00 China Standard Time. Location: The Company's Meeting Room, Shenzhen, Guangdong China
お知らせ • Mar 31Shenzhen MinDe Electronics Technology Ltd. to Report Q1, 2026 Results on Apr 29, 2026Shenzhen MinDe Electronics Technology Ltd. announced that they will report Q1, 2026 results on Apr 29, 2026
お知らせ • Feb 28Shenzhen MinDe Electronics Technology Ltd. announced that it expects to receive CNY 1 billion in fundingShenzhen MinDe Electronics Technology Ltd. announced a 2026 Private Placement of not more than 51,337,521 A Shares at an issue price of not less than 80% of the average price in the 20 trading days before the pricing reference date for g4oss proceeds of CNY 1,000,000,000 on February 26, 2026. The transaction will include participation from not more than 35 investors. The transaction has been approved in 19th Meeting of the Company’s 4th Directorate, subject to the approvals of the Company’s Shareholders, the Shenzhen Stock Exchange, and the China Securities Regulatory Commission. The shares cannot be transferred within 6 months from the issuance closing date.
New Risk • Feb 04New 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 7.5% 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 Risks Debt is not well covered by operating cash flow (6.8% operating cash flow to total debt). Earnings have declined by 55% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (7.5% average weekly change).
お知らせ • Dec 31Shenzhen MinDe Electronics Technology Ltd. to Report Fiscal Year 2025 Results on Apr 29, 2026Shenzhen MinDe Electronics Technology Ltd. announced that they will report fiscal year 2025 results on Apr 29, 2026
Reported Earnings • Oct 30Third quarter 2025 earnings released: CN¥0.13 loss per share (vs CN¥0.015 loss in 3Q 2024)Third quarter 2025 results: CN¥0.13 loss per share (further deteriorated from CN¥0.015 loss in 3Q 2024). Revenue: CN¥94.1m (down 4.8% from 3Q 2024). Net loss: CN¥21.5m (loss widened CN¥19.0m from 3Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 112 percentage points per year, which is a significant difference in performance.
お知らせ • Sep 30Shenzhen MinDe Electronics Technology Ltd. to Report Q3, 2025 Results on Oct 29, 2025Shenzhen MinDe Electronics Technology Ltd. announced that they will report Q3, 2025 results on Oct 29, 2025
Board Change • Aug 27Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Qian Xin was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
お知らせ • Jul 02Shenzhen MinDe Electronics Technology Ltd. to Report First Half, 2025 Results on Aug 28, 2025Shenzhen MinDe Electronics Technology Ltd. announced that they will report first half, 2025 results on Aug 28, 2025
New Risk • May 26New 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 10% 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 Debt is not well covered by operating cash flow (14% operating cash flow to total debt). Share price has been highly volatile over the past 3 months (10% average weekly change). Earnings have declined by 36% per year over the past 5 years.
New Risk • May 19New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 14% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (14% operating cash flow to total debt). Earnings have declined by 36% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (9.8% average weekly change).
New Risk • May 05New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 15% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (15% operating cash flow to total debt). Earnings have declined by 37% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (9.8% average weekly change).
Reported Earnings • Apr 23Full year 2024 earnings released: CN¥0.66 loss per share (vs CN¥0.073 profit in FY 2023)Full year 2024 results: CN¥0.66 loss per share (down from CN¥0.073 profit in FY 2023). Revenue: CN¥409.4m (up 2.5% from FY 2023). Net loss: CN¥113.9m (down CN¥126.5m from profit in FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 89 percentage points per year, which is a significant difference in performance.
お知らせ • Apr 20Shenzhen MinDe Electronics Technology Ltd., Annual General Meeting, May 09, 2025Shenzhen MinDe Electronics Technology Ltd., Annual General Meeting, May 09, 2025, at 15:00 China Standard Time. Location: The Company's Meeting Room, Shenzhen, Guangdong China
New Risk • Apr 11New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 9.7% 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: Major Risk Earnings have declined by 9.8% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (9.7% average weekly change).
お知らせ • Mar 31Shenzhen MinDe Electronics Technology Ltd. to Report Q1, 2025 Results on Apr 29, 2025Shenzhen MinDe Electronics Technology Ltd. announced that they will report Q1, 2025 results on Apr 29, 2025
分析記事 • Mar 25Subdued Growth No Barrier To Shenzhen MinDe Electronics Technology Ltd.'s (SZSE:300656) PriceWith a price-to-sales (or "P/S") ratio of 10.8x Shenzhen MinDe Electronics Technology Ltd. ( SZSE:300656 ) may be...
New Risk • Jan 12New major risk - Financial data availabilityThe company has not reported any financial data. This is considered a major risk. With no or incomplete audited reported financial data, it is virtually impossible to assess the company's investment potential. Currently, the following risks have been identified for the company: Major Risks No financial data reported. Share price has been highly volatile over the past 3 months (12% average weekly change).
お知らせ • Dec 31Shenzhen MinDe Electronics Technology Ltd. to Report Fiscal Year 2024 Results on Apr 19, 2025Shenzhen MinDe Electronics Technology Ltd. announced that they will report fiscal year 2024 results on Apr 19, 2025
分析記事 • Nov 28Risks Still Elevated At These Prices As Shenzhen MinDe Electronics Technology Ltd. (SZSE:300656) Shares Dive 29%Shenzhen MinDe Electronics Technology Ltd. ( SZSE:300656 ) shares have retraced a considerable 29% in the last month...
分析記事 • Nov 18Is Shenzhen MinDe Electronics Technology (SZSE:300656) A Risky Investment?Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Reported Earnings • Oct 25Third quarter 2024 earnings released: CN¥0.015 loss per share (vs CN¥0.02 profit in 3Q 2023)Third quarter 2024 results: CN¥0.015 loss per share (down from CN¥0.02 profit in 3Q 2023). Revenue: CN¥98.9m (down 1.1% from 3Q 2023). Net loss: CN¥2.49m (down 174% from profit in 3Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 60 percentage points per year, which is a significant difference in performance.
分析記事 • Oct 22Shenzhen MinDe Electronics Technology (SZSE:300656) Could Be Struggling To Allocate CapitalFinding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...
分析記事 • Sep 30Shenzhen MinDe Electronics Technology Ltd.'s (SZSE:300656) 26% Share Price Surge Not Quite Adding UpShenzhen MinDe Electronics Technology Ltd. ( SZSE:300656 ) shareholders have had their patience rewarded with a 26...
お知らせ • Sep 30Shenzhen MinDe Electronics Technology Ltd. to Report Q3, 2024 Results on Oct 25, 2024Shenzhen MinDe Electronics Technology Ltd. announced that they will report Q3, 2024 results on Oct 25, 2024
New Risk • Sep 21New major risk - Revenue and earnings growthEarnings have declined by 2.4% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (8.7% average weekly change). Earnings have declined by 2.4% per year over the past 5 years.
Reported Earnings • Aug 29Second quarter 2024 earnings released: CN¥0.045 loss per share (vs CN¥0.045 profit in 2Q 2023)Second quarter 2024 results: CN¥0.045 loss per share (down from CN¥0.045 profit in 2Q 2023). Revenue: CN¥95.2m (down 13% from 2Q 2023). Net loss: CN¥7.91m (down 202% from profit in 2Q 2023). Over the last 3 years on average, earnings per share has fallen by 36% 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.
分析記事 • Jul 05Some Investors May Be Worried About Shenzhen MinDe Electronics Technology's (SZSE:300656) Returns On CapitalIf we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
お知らせ • Jun 29Shenzhen MinDe Electronics Technology Ltd. to Report First Half, 2024 Results on Aug 29, 2024Shenzhen MinDe Electronics Technology Ltd. announced that they will report first half, 2024 results on Aug 29, 2024
分析記事 • Jun 07What Shenzhen MinDe Electronics Technology Ltd.'s (SZSE:300656) 30% Share Price Gain Is Not Telling YouThe Shenzhen MinDe Electronics Technology Ltd. ( SZSE:300656 ) share price has done very well over the last month...
New Risk • Jun 06New 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 9.8% 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 (9.8% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.7% net profit margin).
分析記事 • Jun 06Is Shenzhen MinDe Electronics Technology (SZSE:300656) A Risky Investment?Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...
Declared Dividend • May 29Dividend of CN¥0.03 announcedShareholders will receive a dividend of CN¥0.03. Ex-date: 31st May 2024 Payment date: 31st May 2024 Dividend yield will be 0.2%, which is lower than the industry average of 1.8%. Payout Ratios Payout ratio: 41%. Cash payout ratio: 21%.
分析記事 • Apr 26We Think You Can Look Beyond Shenzhen MinDe Electronics Technology's (SZSE:300656) Lackluster EarningsThe market for Shenzhen MinDe Electronics Technology Ltd.'s ( SZSE:300656 ) shares didn't move much after it posted...
お知らせ • Apr 21Shenzhen MinDe Electronics Technology Ltd., Annual General Meeting, May 10, 2024Shenzhen MinDe Electronics Technology Ltd., Annual General Meeting, May 10, 2024, at 15:00 China Standard Time. Location: The Company's Meeting Room, Shenzhen, Guangdong China
New Risk • Apr 20New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 75% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (3.1% net profit margin).
Reported Earnings • Apr 20Full year 2023 earnings released: EPS: CN¥0.073 (vs CN¥0.52 in FY 2022)Full year 2023 results: EPS: CN¥0.073 (down from CN¥0.52 in FY 2022). Revenue: CN¥399.5m (down 23% from FY 2022). Net income: CN¥12.6m (down 86% from FY 2022). Profit margin: 3.1% (down from 17% in FY 2022). Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has remained flat, which means it is well ahead of earnings.
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¥16.60, the stock trades at a trailing P/E ratio of 52.5x. Average trailing P/E is 37x in the Electronic industry in China. Total loss to shareholders of 11% over the past three years.
お知らせ • Mar 30Shenzhen MinDe Electronics Technology Ltd. to Report Q1, 2024 Results on Apr 29, 2024Shenzhen MinDe Electronics Technology Ltd. announced that they will report Q1, 2024 results on Apr 29, 2024
お知らせ • Mar 02Shenzhen MinDe Electronics Technology Ltd. (SZSE:300656) commences an Equity Buyback Plan for CNY 30 million worth of its shares, under the authorization approved on February 19, 2024.Shenzhen MinDe Electronics Technology Ltd. (SZSE:300656) commences share repurchases on February 28, 2024, under the program mandated by the shareholders in the Extraordinary General Meeting held on February 19, 2024. As per the mandate, the company is authorized to repurchase up to CNY 30 million worth of its shares. The repurchase price will not more than CNY 34.11 per Share. The repurchases will be funded using company's own funds. All shares repurchased will be canceled and the registered capital will be reduced. The repurchase period will be not more than 12 months. As of January 29, 2024, the company had 172,634,672 shares outstanding.
Valuation Update With 7 Day Price Move • Feb 05Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to CN¥17.73, the stock trades at a trailing P/E ratio of 56.1x. Average trailing P/E is 32x in the Electronic industry in China. Total returns to shareholders of 16% over the past three years.
New Risk • Jan 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 7.9% 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 • Dec 29Shenzhen MinDe Electronics Technology Ltd. to Report Fiscal Year 2023 Results on Apr 20, 2024Shenzhen MinDe Electronics Technology Ltd. announced that they will report fiscal year 2023 results on Apr 20, 2024
New Risk • Nov 29New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 7.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company.
Reported Earnings • Oct 25Third quarter 2023 earnings released: EPS: CN¥0.02 (vs CN¥0.12 in 3Q 2022)Third quarter 2023 results: EPS: CN¥0.02 (down from CN¥0.12 in 3Q 2022). Revenue: CN¥100.0m (down 37% from 3Q 2022). Net income: CN¥3.39m (down 83% from 3Q 2022). Profit margin: 3.4% (down from 13% in 3Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 9% per year whereas the company’s share price has increased by 8% per year.
お知らせ • May 19Shenzhen MinDe Electronics Technology Ltd. Approves Final Dividend for 2022Shenzhen MinDe Electronics Technology Ltd. approved final dividend of (tax included) CNY 1.00000000 per 10 shares for 2022.
Reported Earnings • Apr 26First quarter 2023 earnings released: EPS: CN¥0.038 (vs CN¥0.10 in 1Q 2022)First quarter 2023 results: EPS: CN¥0.038 (down from CN¥0.10 in 1Q 2022). Revenue: CN¥73.4m (down 28% from 1Q 2022). Net income: CN¥5.94m (down 63% from 1Q 2022). Profit margin: 8.1% (down from 16% in 1Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has increased by 33% per year, which means it is tracking significantly ahead of earnings growth.
Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Bo Zhang was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • Oct 27Third quarter 2022 earnings released: EPS: CN¥0.13 (vs CN¥0.18 in 3Q 2021)Third quarter 2022 results: EPS: CN¥0.13 (down from CN¥0.18 in 3Q 2021). Revenue: CN¥158.0m (flat on 3Q 2021). Net income: CN¥20.0m (down 23% from 3Q 2021). Profit margin: 13% (down from 16% in 3Q 2021). Over the last 3 years on average, earnings per share has increased by 31% per year whereas the company’s share price has increased by 29% per year.
Reported Earnings • Aug 21Second quarter 2022 earnings released: EPS: CN¥0.12 (vs CN¥0.089 in 2Q 2021)Second quarter 2022 results: EPS: CN¥0.12 (up from CN¥0.089 in 2Q 2021). Revenue: CN¥116.0m (flat on 2Q 2021). Net income: CN¥18.4m (up 43% from 2Q 2021). Profit margin: 16% (up from 11% in 2Q 2021). Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has increased by 39% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • May 21Shenzhen MinDe Electronics Technology Ltd. Announces Cash Dividend for 2021, Payable on May 27, 2022Shenzhen MinDe Electronics Technology Ltd. announced 2021 final profit distribution plan to be implemented (A shares) as Cash dividend/10 shares (tax included): CNY 1.00000000. Record date is 26 May 2022, ex-date is 27 May 2022 and Payment date is 27 May 2022.
Reported Earnings • Apr 27First quarter 2022 earnings released: EPS: CN¥0.11 (vs CN¥0.11 in 1Q 2021)First quarter 2022 results: EPS: CN¥0.11 (up from CN¥0.11 in 1Q 2021). Revenue: CN¥88.2m (up 2.4% from 1Q 2021). Net income: CN¥13.8m (up 6.9% from 1Q 2021). Profit margin: 16% (in line with 1Q 2021). Over the last 3 years on average, earnings per share has increased by 24% per year whereas the company’s share price has increased by 26% per year.
お知らせ • Apr 22Shenzhen MinDe Electronics Technology Ltd. Approves Cash Dividend for the Year 2021Shenzhen MinDe Electronics Technology Ltd. announced that at the Annual General Meeting held on 20 April 2022, approved cash dividend (tax included) of CNY 1.00000000 per ten shares for the year 2021.
Reported Earnings • Apr 03Full year 2021 earnings released: EPS: CN¥0.64 (vs CN¥0.43 in FY 2020)Full year 2021 results: EPS: CN¥0.64 (up from CN¥0.43 in FY 2020). Revenue: CN¥546.3m (up 36% from FY 2020). Net income: CN¥76.1m (up 48% from FY 2020). Profit margin: 14% (up from 13% in FY 2020). Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has increased by 29% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Apr 02Shenzhen MinDe Electronics Technology Ltd., Annual General Meeting, Apr 20, 2022Shenzhen MinDe Electronics Technology Ltd., Annual General Meeting, Apr 20, 2022, at 15:00 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 report and its summary; to consider 2021 special report on the deposit and use of raised funds; to consider 2021 annual accounts; to consider 2021 profit distribution plan; to consider 2022 remuneration plan for directors; to consider 2022 remuneration plan for supervisors; to consider 2022 application for comprehensive credit line and project loan quota to financial institutions by the Company and its subsidiaries and guarantee matters ; to consider Amendments to the Company's articles of association and handling of the industrial and commercial registration amendment; to consider 2022 application for comprehensive credit line to financial institutions by the Company and its subsidiaries and guarantee matters; and to consider other matters.
お知らせ • Apr 01Shenzhen Minde Electronics Technology Ltd. Proposes Final Dividend for the Year 2021Shenzhen MinDe Electronics Technology Ltd. announced it has proposed a final dividend of CNY 1.00000000 per 10 shares for the year 2021.
Reported Earnings • Oct 28Third quarter 2021 earnings released: EPS CN¥0.21 (vs CN¥0.09 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: CN¥157.8m (up 44% from 3Q 2020). Net income: CN¥25.8m (up 140% from 3Q 2020). Profit margin: 16% (up from 9.8% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has increased by 46% per year, which means it is tracking significantly ahead of earnings growth.
Reported Earnings • Aug 09Second quarter 2021 earnings released: EPS CN¥0.11 (vs CN¥0.077 in 2Q 2020)The company reported a solid second quarter result with improved earnings and revenues, although profit margins were weaker. Second quarter 2021 results: Revenue: CN¥116.4m (up 71% from 2Q 2020). Net income: CN¥12.8m (up 39% from 2Q 2020). Profit margin: 11% (down from 14% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 42% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • Jun 19Investor sentiment improved over the past weekAfter last week's 19% share price gain to CN¥31.41, the stock trades at a trailing P/E ratio of 66.5x. Average trailing P/E is 37x in the Electronic industry in China. Total returns to shareholders of 74% over the past three years.
お知らせ • May 27Shenzhen MinDe Electronics Technology Ltd. (SZSE:300656) agreed to acquire 10% stake in Guang Wei Integration Technology (Shenzhen) Co., Ltd. from Xie Gang for CNY 45 million.Shenzhen MinDe Electronics Technology Ltd. (SZSE:300656) agreed to acquire 10% stake in Guang Wei Integration Technology (Shenzhen) Co., Ltd. from Xie Gang for CNY 45 million on May 25, 2021. Guang Wei Integration Technology reported total assets of CNY 61.7 million and total common equity of CNY 14.2 million till April 31, 2021. Guang Wei Integration Technology reported total assets of CNY 43.8 million, total common equity of CNY 12 million, total revenues of CNY 38.8 million, EBIT of CNY 1.5 million and net profit of CNY 1.4 million for the year ending December 31, 2020. The deal is subject to approval form shareholder of of Shenzhen MinDe Electronics Technology Ltd. and being is approved by board. Within 20 days from the agreement signing date, the transfer will be completed.
お知らせ • May 21Shenzhen MinDe Electronics Technology Ltd. Approves Profit Distribution Proposal for 2020Shenzhen MinDe Electronics Technology Ltd. announced at the AGM held on May 18, 2021, it has approved profit distribution proposal for 2020 of (tax included) CNY 1.00000000 per 10 shares.
お知らせ • Apr 30Shenzhen MinDe Electronics Technology Ltd. Announces Profit Distribution Proposal for 2020Shenzhen MinDe Electronics Technology Ltd. announced profit distribution proposal for 2020 of (tax included) CNY 1.00000000 per 10 shares.
Reported Earnings • Apr 30First quarter 2021 earnings released: EPS CN¥0.12 (vs CN¥0.072 in 1Q 2020)The company reported a solid first quarter result with improved earnings and revenues, although profit margins were weaker. First quarter 2021 results: Revenue: CN¥86.1m (up 80% from 1Q 2020). Net income: CN¥12.9m (up 64% from 1Q 2020). Profit margin: 15% (down from 17% in 1Q 2020). Over the last 3 years on average, earnings per share has fallen by 2% per year whereas the company’s share price has increased by 1% per year.
Valuation Update With 7 Day Price Move • Feb 24Investor sentiment improved over the past weekAfter last week's 16% share price gain to CN¥25.76, the stock is trading at a trailing P/E ratio of 68.6x, up from the previous P/E ratio of 59.4x. This compares to an average P/E of 40x in the Electronic industry in China. Total returns to shareholders over the past year are 8.0%.
Is New 90 Day High Low • Jan 29New 90-day low: CN¥23.12The company is down 20% from its price of CN¥29.06 on 30 October 2020. The Chinese market is up 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 4.0% over the same period.
Valuation Update With 7 Day Price Move • Jan 12Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to CN¥24.35, the stock is trading at a trailing P/E ratio of 64.9x, down from the previous P/E ratio of 78.6x. This compares to an average P/E of 40x in the Electronic industry in China. Total return to shareholders over the past three years is a loss of 21%.
Is New 90 Day High Low • Jan 07New 90-day low: CN¥26.28The company is down 9.0% from its price of CN¥29.03 on 09 October 2020. The Chinese market is up 11% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 7.0% over the same period.
Valuation Update With 7 Day Price Move • Dec 12Investor sentiment deteriorated over the past weekAfter last week's 18% share price decline to CN¥29.29, the stock is trading at a trailing P/E ratio of 78x, down from the previous P/E ratio of 94.9x. This compares to an average P/E of 45x in the Electronic industry in China. Total return to shareholders over the past three years is a loss of 1.7%.
Is New 90 Day High Low • Nov 03New 90-day high: CN¥36.25The company is up 49% from its price of CN¥24.25 on 05 August 2020. The Chinese market is down 5.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is down 4.0% over the same period.
Reported Earnings • Oct 29Third quarter earnings releasedOver the last 12 months the company has reported total profits of CN¥40.9m, up 14% from the prior year. Total revenue was CN¥353.2m over the last 12 months, up 37% from the prior year.
お知らせ • Aug 13Shenzhen MinDe Electronics Technology Ltd. to Report First Half, 2020 Results on Aug 28, 2020Shenzhen MinDe Electronics Technology Ltd. announced that they will report first half, 2020 results on Aug 28, 2020
お知らせ • Jul 31Shenzhen MinDe Electronics Technology Ltd. (SZSE:300656) acquired 45.9% stake in Guang Wei Integration Technology (Shenzhen) Co., Ltd. from Xie Gang, Dan Yadong and Wuxi Airui Investment Partnership (Limited Partnership)Shenzhen MinDe Electronics Technology Ltd. (SZSE:300656) agree to acquire 45.9% stake in Guang Wei Integration Technology (Shenzhen) Co., Ltd. from Xie Gang, Dan Yadong and Wuxi Airui Investment Partnership (Limited Partnership) on June 15, 2020. Under the terms, Shenzhen MinDe will acquire 31.2% stake from Xie Gang, 0.92% stake from DAn Yadong and 13.78% stake from Wuxi Airui Investment Partnership. Post completion, Shenzhen MinDe Electronics hold 73.5% stake in Guang Wei Integration. Shenzhen MinDe Electronics Technology Ltd. (SZSE:300656) completed the acquisition of 45.9% stake in Guang Wei Integration Technology (Shenzhen) Co., Ltd. from Xie Gang, Dan Yadong and Wuxi Airui Investment Partnership (Limited Partnership) on July 1, 2020.