View ValuationUnion OptechLtd 将来の成長Future 基準チェック /06現在、 Union OptechLtdの成長と収益を予測するのに十分なアナリストの調査がありません。主要情報n/a収益成長率n/aEPS成長率Electronic 収益成長33.0%収益成長率n/a将来の株主資本利益率n/aアナリストカバレッジNone最終更新日n/a今後の成長に関する最新情報更新なしすべての更新を表示Recent updatesNew Risk • May 12New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 0.5% Last year net profit margin: 2.1% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Earnings have declined by 27% per year over the past 5 years. Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.5% net profit margin).お知らせ • Apr 23Union Optech Co.,Ltd., Annual General Meeting, May 14, 2026Union Optech Co.,Ltd., Annual General Meeting, May 14, 2026, at 15:00 China Standard Time. Location: No. 10, Yiwei Road, Torch Development Zone, Zhongshan, Guangdong ChinaNew Risk • Apr 23New major risk - Dividend sustainabilityThe dividend is not well covered by earnings and cash flows. The company is paying a dividend despite being loss-making. The company is paying a dividend despite having no free cash flows. Dividend yield: 0.5% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Earnings have declined by 30% per year over the past 5 years. Minor Risk Large one-off items impacting financial results.Reported Earnings • Apr 23First quarter 2026 earnings released: CN¥0.012 loss per share (vs CN¥0.09 loss in 1Q 2025)First quarter 2026 results: CN¥0.012 loss per share (improved from CN¥0.09 loss in 1Q 2025). Revenue: CN¥452.6m (up 23% from 1Q 2025). Net loss: CN¥3.86m (loss narrowed 84% from 1Q 2025). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 68 percentage points per year, which is a significant difference in performance.お知らせ • Mar 31Union Optech Co.,Ltd. to Report Q1, 2026 Results on Apr 23, 2026Union Optech Co.,Ltd. announced that they will report Q1, 2026 results on Apr 23, 2026お知らせ • Dec 31Union Optech Co.,Ltd. to Report Fiscal Year 2025 Results on Apr 23, 2026Union Optech Co.,Ltd. announced that they will report fiscal year 2025 results on Apr 23, 2026Reported Earnings • Oct 27Third quarter 2025 earnings released: CN¥0.014 loss per share (vs CN¥0.064 profit in 3Q 2024)Third quarter 2025 results: CN¥0.014 loss per share (down from CN¥0.064 profit in 3Q 2024). Revenue: CN¥541.4m (up 13% from 3Q 2024). Net loss: CN¥4.14m (down 155% from profit in 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 50% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings.お知らせ • Sep 30Union Optech Co.,Ltd. to Report Q3, 2025 Results on Oct 27, 2025Union Optech Co.,Ltd. announced that they will report Q3, 2025 results on Oct 27, 2025New Risk • Sep 03New major risk - Dividend sustainabilityThe dividend is not well covered by earnings and cash flows. Payout ratio: 152% The company is paying a dividend despite having no free cash flows. Dividend yield: 0.4% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 152% Paying a dividend despite having no free cash flows. Earnings have declined by 7.1% per year over the past 5 years. Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.9% net profit margin).お知らせ • Jul 02Union Optech Co.,Ltd. to Report First Half, 2025 Results on Aug 29, 2025Union Optech Co.,Ltd. announced that they will report first half, 2025 results on Aug 29, 2025お知らせ • May 21Union Optech Co.,Ltd. (SZSE:300691) signed a share acquisition intent agreement to acquire Dongguan Changyi Optoelectronics Co., Ltd.Union Optech Co.,Ltd. (SZSE:300691) signed a share acquisition intent agreement to acquire Dongguan Changyi Optoelectronics Co., Ltd on May 20, 2025. Union Optech intends to acquire Dongguan Changyi Optoelectronics through the issuance of shares and other methods, and to raise supporting funds.Declared Dividend • May 16Dividend reduced to CN¥0.08Dividend of CN¥0.08 is 47% lower than last year. Ex-date: 21st May 2025 Payment date: 21st May 2025 Dividend yield will be 0.4%, which is lower than the industry average of 1.8%. Sustainability & Growth Dividend is covered by earnings (65% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 3.6% per year over the past 7 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to decline by 28% to shift the payout ratio to a potentially unsustainable range, which is more than the 23% EPS decline seen over the last 5 years.New Risk • Apr 22New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 0.9% Last year net profit margin: 3.2% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 7.1% per year over the past 5 years. Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (9.6% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.9% net profit margin).Reported Earnings • Apr 22First quarter 2025 earnings released: CN¥0.09 loss per share (vs CN¥0.005 loss in 1Q 2024)First quarter 2025 results: CN¥0.09 loss per share (further deteriorated from CN¥0.005 loss in 1Q 2024). Revenue: CN¥368.8m (down 3.5% from 1Q 2024). Net loss: CN¥24.0m (loss widened CN¥22.5m from 1Q 2024). Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has increased by 17% per year, which means it is well ahead of earnings.お知らせ • Apr 22Union Optech Co.,Ltd. Proposes Final Cash Dividend for 2024Union Optech Co.,Ltd. proposed final cash dividend of CNY 0.80000000 per 10 shares (tax included) for 2024.お知らせ • Apr 21Union Optech Co.,Ltd., Annual General Meeting, May 12, 2025Union Optech Co.,Ltd., Annual General Meeting, May 12, 2025, at 15:00 China Standard Time. Location: 4F, No. 10, Yiwei Road, Huoju Development Zone, Zhongshan, Guangdong Chinaお知らせ • Mar 31Union Optech Co.,Ltd. to Report Q1, 2025 Results on Apr 21, 2025Union Optech Co.,Ltd. announced that they will report Q1, 2025 results on Apr 21, 2025分析記事 • Feb 27Union Optech Co.,Ltd.'s (SZSE:300691) Shares Bounce 27% But Its Business Still Trails The IndustryUnion Optech Co.,Ltd. ( SZSE:300691 ) shareholders have had their patience rewarded with a 27% share price jump in the...分析記事 • Feb 06These 4 Measures Indicate That Union OptechLtd (SZSE:300691) Is Using Debt ExtensivelyDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...分析記事 • Jan 06There Is A Reason Union Optech Co.,Ltd.'s (SZSE:300691) Price Is UndemandingUnion Optech Co.,Ltd.'s ( SZSE:300691 ) price-to-sales (or "P/S") ratio of 3.1x might make it look like a buy right now...お知らせ • Dec 31Union Optech Co.,Ltd. to Report Fiscal Year 2024 Results on Apr 21, 2025Union Optech Co.,Ltd. announced that they will report fiscal year 2024 results on Apr 21, 2025分析記事 • Dec 18The Returns On Capital At Union OptechLtd (SZSE:300691) Don't Inspire ConfidenceIf you're looking for a multi-bagger, there's a few things to keep an eye out for. Firstly, we'll want to see a proven...分析記事 • Nov 02We Believe That Union OptechLtd's (SZSE:300691) Weak Earnings Are A Good Indicator Of Underlying ProfitabilityUnion Optech Co.,Ltd.'s ( SZSE:300691 ) stock wasn't much affected by its recent lackluster earnings numbers. We did...New Risk • Oct 25New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 25% 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 Risks Share price has been highly volatile over the past 3 months (12% average weekly change). Earnings have declined by 2.1% per year over the past 5 years. High level of non-cash earnings (25% accrual ratio). Minor Risk Paying a dividend despite having no free cash flows.お知らせ • Oct 23Union Optech Co.,Ltd. (SZSE:300691) completed the acquisition of 61.5% stake in Xi’an Weipu Optoelectronics Technology Co., Ltd. from Liu Xizhan, Fan Zheyuan, He Weiping, Zhang Xinmin, Cao Yi and Zhu Caiping.Union Optech Co.,Ltd. (SZSE:300691) agreed to acquire 61.5% stake in Xi’an Weipu Optoelectronics Technology Co., Ltd. from Liu Xizhan, Fan Zheyuan, He Weiping, Zhang Xinmin, Cao Yi and Zhu Caiping for CNY 30.75 million on February 27, 2024. Union Optech Co.,Ltd. (SZSE:300691) entered into equity acquisition agreement to acquire 61.5% stake in Xi’an Weipu Optoelectronics Technology Co., Ltd. from Liu Xizhan, Fan Zheyuan, He Weiping, Zhang Xinmin, Cao Yi and Zhu Caiping on July 12, 2024. Union Optech Co.,Ltd. (SZSE:300691) completed the acquisition of 61.5% stake in Xi’an Weipu Optoelectronics Technology Co., Ltd. from Liu Xizhan, Fan Zheyuan, He Weiping, Zhang Xinmin, Cao Yi and Zhu Caiping on October 21, 2024.分析記事 • Oct 21Is Union OptechLtd (SZSE:300691) A Risky Investment?The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...分析記事 • Sep 30Union Optech Co.,Ltd.'s (SZSE:300691) Shares Climb 28% But Its Business Is Yet to Catch UpDespite an already strong run, Union Optech Co.,Ltd. ( SZSE:300691 ) shares have been powering on, with a gain of 28...お知らせ • Sep 30Union Optech Co.,Ltd. to Report Q3, 2024 Results on Oct 25, 2024Union Optech Co.,Ltd. announced that they will report Q3, 2024 results on Oct 25, 2024Valuation Update With 7 Day Price Move • Aug 23Investor sentiment deteriorates as stock falls 21%After last week's 21% share price decline to CN¥14.92, the stock trades at a trailing P/E ratio of 74x. Average trailing P/E is 36x in the Electronic industry in China. Total loss to shareholders of 15% over the past three years.分析記事 • Aug 19Investors Could Be Concerned With Union OptechLtd's (SZSE:300691) 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...New Risk • Aug 16New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 8.3% 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 1.8% per year over the past 5 years. Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (8.3% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (3.2% net profit margin).分析記事 • Aug 01Union Optech Co.,Ltd.'s (SZSE:300691) Shares May Have Run Too Fast Too SoonUnion Optech Co.,Ltd.'s ( SZSE:300691 ) price-to-earnings (or "P/E") ratio of 76.6x might make it look like a strong...お知らせ • Jun 29Union Optech Co.,Ltd. to Report First Half, 2024 Results on Aug 29, 2024Union Optech Co.,Ltd. announced that they will report first half, 2024 results on Aug 29, 2024分析記事 • May 02Investors Can Find Comfort In Union OptechLtd's (SZSE:300691) Earnings QualitySoft earnings didn't appear to concern Union Optech Co.,Ltd.'s ( SZSE:300691 ) shareholders over the last week. We...お知らせ • Apr 28Union Optech Co.,Ltd., Annual General Meeting, May 17, 2024Union Optech Co.,Ltd., Annual General Meeting, May 17, 2024, at 16:00 China Standard Time. Location: 4F, No. 10, Yiwei Road, Huoju Development Zone, Zhongshan, Guangdong China Agenda: To consider 2023 work report of the board of directors; to consider 2023 work report of the supervisory committee; to consider 2023 annual report and its summary; to consider 2023 annual accounts report; to consider 2024 financial budget report; to consider 2024 remuneration and allowance plan for directors, supervisors and senior management; to consider 2024 application for credit line to banks and financial institutions by the Company and the Company's guarantee for wholly-owned and controlled subsidiaries within the scope of consolidated statements; and to consider other matters.お知らせ • Apr 27Union Optech Co.,Ltd. Proposes Final Cash Dividend for the Year 2023Union Optech Co.,Ltd. proposed final cash dividend per 10 shares (tax included) of CNY 1.50000000 for the year 2023.Reported Earnings • Apr 26First quarter 2024 earnings released: CN¥0.01 loss per share (vs CN¥0.03 profit in 1Q 2023)First quarter 2024 results: CN¥0.01 loss per share (down from CN¥0.03 profit in 1Q 2023). Revenue: CN¥382.3m (up 16% from 1Q 2023). Net loss: CN¥1.47m (down 117% from profit in 1Q 2023). Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings.分析記事 • Apr 17Union OptechLtd (SZSE:300691) 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...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¥13.59, the stock trades at a trailing P/E ratio of 59.3x. Average trailing P/E is 37x in the Electronic industry in China. Total returns to shareholders of 6.1% over the past three years.お知らせ • Mar 30Union Optech Co.,Ltd. to Report Q1, 2024 Results on Apr 26, 2024Union Optech Co.,Ltd. announced that they will report Q1, 2024 results on Apr 26, 2024分析記事 • Feb 28Pinning Down Union Optech Co.,Ltd.'s (SZSE:300691) P/E Is Difficult Right NowWhen close to half the companies in China have price-to-earnings ratios (or "P/E's") below 29x, you may consider Union...Valuation Update With 7 Day Price Move • Jan 29Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to CN¥17.02, the stock trades at a trailing P/E ratio of 74.3x. Average trailing P/E is 39x in the Electronic industry in China. Total returns to shareholders of 42% over the past three years.お知らせ • Dec 29Union Optech Co.,Ltd. to Report Fiscal Year 2023 Results on Apr 26, 2024Union Optech Co.,Ltd. announced that they will report fiscal year 2023 results on Apr 26, 2024New Risk • Oct 26New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 82% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 1.5% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (6.8% average weekly change). Large one-off items impacting financial results.お知らせ • Oct 24Union Optech Co.,Ltd. (SZSE:300691) announces an Equity Buyback for CNY 60 million worth of its shares.Union Optech Co.,Ltd. (SZSE:300691) announces a share repurchase program. Under the program, the company will repurchase up to CNY 60 million worth of its shares. The shares will be repurchased at aprice not more than CNY 23 per share. Shares repurchased will be used for ESOP or equity incentives. The program will be valid for 12 months.Reported Earnings • Oct 23Third quarter 2023 earnings released: EPS: CN¥0.034 (vs CN¥0.042 in 3Q 2022)Third quarter 2023 results: EPS: CN¥0.034 (down from CN¥0.042 in 3Q 2022). Revenue: CN¥452.6m (up 19% from 3Q 2022). Net income: CN¥10.1m (down 22% from 3Q 2022). Profit margin: 2.2% (down from 3.4% in 3Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.お知らせ • Sep 30Union Optech Co.,Ltd. to Report Q3, 2023 Results on Oct 23, 2023Union Optech Co.,Ltd. announced that they will report Q3, 2023 results on Oct 23, 2023Reported Earnings • Aug 29Second quarter 2023 earnings released: EPS: CN¥0.13 (vs CN¥0.18 in 2Q 2022)Second quarter 2023 results: EPS: CN¥0.13 (down from CN¥0.18 in 2Q 2022). Revenue: CN¥472.1m (up 7.0% from 2Q 2022). Net income: CN¥30.5m (down 31% from 2Q 2022). Profit margin: 6.5% (down from 9.9% in 2Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.Valuation Update With 7 Day Price Move • Jul 14Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CN¥20.35, the stock trades at a trailing P/E ratio of 69.9x. Average trailing P/E is 47x in the Electronic industry in China. Total returns to shareholders of 27% over the past three years.New Risk • Jul 11New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 6.7% 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 2.3% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (6.7% average weekly change). Large one-off items impacting financial results.お知らせ • Jun 09Union Optech Co.,Ltd. Announces Final Profit Distribution Plan to Be Implemented on A Shares for the Year 2022, Payable on 15 June 2023Union Optech Co.,Ltd. announced final profit distribution plan to be implemented on A shares as cash dividend per ten shares (tax included) of CNY 1.00000000 for the year 2022, payable on 15 June 2023. Record date is 14 June 2023. Ex-date is 15 June 2023.お知らせ • May 19Union Optech Co.,Ltd. Approves the Cash Dividend for the Year 2022Union Optech Co.,Ltd. approved the cash dividend of CNY 1.00 (tax included) per 10 shares for the year 2022, at the AGM held on May 16, 2023.Reported Earnings • Apr 26First quarter 2023 earnings released: EPS: CN¥0.03 (vs CN¥0.05 loss in 1Q 2022)First quarter 2023 results: EPS: CN¥0.03 (up from CN¥0.05 loss in 1Q 2022). Revenue: CN¥329.8m (up 20% from 1Q 2022). Net income: CN¥8.60m (up CN¥22.0m from 1Q 2022). Profit margin: 2.6% (up from net loss in 1Q 2022). The move to profitability was driven by higher revenue. 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 2% per year.Reported Earnings • Oct 25Third quarter 2022 earnings released: EPS: CN¥0.042 (vs CN¥0.09 in 3Q 2021)Third quarter 2022 results: EPS: CN¥0.042 (down from CN¥0.09 in 3Q 2021). Revenue: CN¥381.0m (down 8.6% from 3Q 2021). Net income: CN¥12.9m (down 35% from 3Q 2021). Profit margin: 3.4% (down from 4.7% in 3Q 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 3% per year whereas the company’s share price has fallen by 7% per year.Valuation Update With 7 Day Price Move • Sep 12Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to CN¥17.60, the stock trades at a trailing P/E ratio of 77.6x. Average trailing P/E is 35x in the Electronic industry in China. Total loss to shareholders of 21% over the past three years.Reported Earnings • Aug 31Second quarter 2022 earnings released: EPS: CN¥0.18 (vs CN¥0.13 in 2Q 2021)Second quarter 2022 results: EPS: CN¥0.18 (up from CN¥0.13 in 2Q 2021). Revenue: CN¥441.5m (down 5.2% from 2Q 2021). Net income: CN¥43.9m (up 51% from 2Q 2021). Profit margin: 9.9% (up from 6.2% in 2Q 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has remained flat and the company’s share price has also remained flat.お知らせ • May 28Union Optech Co.,Ltd. Announces 2021 Final Profit Distribution Plan to Be Implemented (A Shares), Payable on June 2, 2022Union Optech Co.,Ltd. implemented Cash dividend (tax included) of CNY 1.20000000 per 10 shares (A shares) for 2021, payable on June 2, 2022 with Record date of June 1, 2022 and Ex-date of June 2, 2022.お知らせ • May 19Union Optech Co.,Ltd. Declares Profit Distribution for 2021Union Optech Co.,Ltd., at its AGM held on May 18, 2022, declared profit distribution of CNY 1.2 per 10 shares (tax included) for 2021.Valuation Update With 7 Day Price Move • May 18Investor sentiment improved over the past weekAfter last week's 15% share price gain to CN¥12.99, the stock trades at a trailing P/E ratio of 75.9x. Average trailing P/E is 30x in the Electronic industry in China. Total loss to shareholders of 21% over the past three years.お知らせ • Apr 27Union Optech Co.,Ltd. Proposes Final Dividend for the Year 2021Union Optech Co.,Ltd. proposed final cash dividend of CNY 1.20000000 per 10 shares (tax included) for the year 2021.Reported Earnings • Apr 27First quarter 2022 earnings released: CN¥0.05 loss per share (vs CN¥0.07 profit in 1Q 2021)First quarter 2022 results: CN¥0.05 loss per share (down from CN¥0.07 profit in 1Q 2021). Revenue: CN¥274.7m (down 20% from 1Q 2021). Net loss: CN¥13.4m (down 187% from profit in 1Q 2021). Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has fallen by 15% per year, which means it is performing significantly worse than earnings.Board Change • Apr 27High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Independent Director Jianying Zhou was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.Valuation Update With 7 Day Price Move • Nov 17Investor sentiment improved over the past weekAfter last week's 32% share price gain to CN¥26.30, the stock trades at a forward P/E ratio of 43x. Average forward P/E is 29x in the Electronic industry in China. Total returns to shareholders of 89% over the past three years.Reported Earnings • Oct 26Third quarter 2021 earnings released: EPS CN¥0.09 (vs CN¥0.06 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: CN¥416.9m (up 9.4% from 3Q 2020). Net income: CN¥19.8m (up 60% from 3Q 2020). Profit margin: 4.7% (up from 3.2% 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 1% per year but the company’s share price has increased by 8% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • Sep 08Investor sentiment improved over the past weekAfter last week's 17% share price gain to CN¥20.40, the stock trades at a forward P/E ratio of 36x. Average forward P/E is 29x in the Electronic industry in China. Total returns to shareholders of 37% over the past three years.Reported Earnings • Aug 24Second quarter 2021 earnings released: EPS CN¥0.13 (vs CN¥0.11 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¥465.8m (up 52% from 2Q 2020). Net income: CN¥29.0m (up 38% from 2Q 2020). Profit margin: 6.2% (down from 6.8% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 3% per year whereas the company’s share price has fallen by 1% per year.Valuation Update With 7 Day Price Move • Jul 07Investor sentiment improved over the past weekAfter last week's 19% share price gain to CN¥17.75, the stock trades at a forward P/E ratio of 35x. Average forward P/E is 28x in the Electronic industry in China. Total loss to shareholders of 11% over the past three years.お知らせ • May 20Union Optech Co.,Ltd. Approves Dividend for the Year 2020Union Optech Co.,Ltd. at its annual general meeting held on May 17, 2021, approved dividend of CNY 1.00000000 per 10 shares (tax included) for the year 2020.Reported Earnings • Apr 26First quarter 2021 earnings released: EPS CN¥0.07 (vs CN¥0.04 loss in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: CN¥344.4m (up 125% from 1Q 2020). Net income: CN¥15.4m (up CN¥25.3m from 1Q 2020). Profit margin: 4.5% (up from net loss in 1Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has fallen by 17% per year, which means it is performing significantly worse than earnings.お知らせ • Mar 19Union Optech Co.,Ltd. Announces Management ChangesUnion Optech Co.,Ltd. in its Extraordinary General Meeting of 2021 held on 17 March 2021, approved election of Gong Junqiang, Qiu Shengping, Wang Zhiwei and Li Chengbin as non-independent directors, election of Liang Shilun, Zhou Jianying and Wu Jianchu as independent directors and election of Quan Liwei and Zhang Wanghua as non-employee supervisors, cumulative voting system applicable.Is New 90 Day High Low • Feb 03New 90-day low: CN¥11.56The company is down 31% from its price of CN¥16.74 on 05 November 2020. The Chinese market is up 6.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is flat over the same period.Is New 90 Day High Low • Jan 07New 90-day low: CN¥12.29The company is down 20% from its price of CN¥15.29 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.Is New 90 Day High Low • Dec 09New 90-day low: CN¥14.65The company is down 11% from its price of CN¥16.40 on 10 September 2020. The Chinese market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 5.0% over the same period.Reported Earnings • Oct 29Third quarter earnings releasedOver the last 12 months the company has reported total profits of CN¥50.4m, down 20% from the prior year. Total revenue was CN¥1.19b over the last 12 months, down 3.6% from the prior year.Is New 90 Day High Low • Sep 28New 90-day low: CN¥14.75The company is down 3.0% from its price of CN¥15.18 on 30 June 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 6.0% over the same period.お知らせ • Aug 06Union Optech Co.,Ltd. to Report First Half, 2020 Results on Aug 25, 2020Union Optech Co.,Ltd. announced that they will report first half, 2020 results on Aug 25, 2020 このセクションでは通常、投資家が会社の利益創出能力を理解する一助となるよう、プロのアナリストのコンセンサス予想に基づく収益と利益の成長予測を提示する。しかし、Union OptechLtd は十分な過去のデータを提供しておらず、アナリストの予測もないため、過去のデータを外挿したり、アナリストの予測を使用しても、その将来の収益を確実に算出することはできません。 シンプリー・ウォール・ストリートがカバーする企業の97%は過去の財務データを持っているため、これはかなり稀な状況です。 業績と収益の成長予測SZSE:300691 - アナリストの将来予測と過去の財務データ ( )CNY Millions日付収益収益フリー・キャッシュフロー営業活動によるキャッシュ平均アナリスト数3/31/20262,10429-1143N/A12/31/20252,0209-18121N/A9/30/20251,988-2280278N/A6/30/20251,927-10-95141N/A3/31/20251,86716-24742N/A12/31/20241,88039-27316N/A9/30/20241,72151-383-130N/A6/30/20241,69353-89132N/A3/31/20241,70054-175-15N/A12/31/20231,6476454193N/A9/30/20231,66262151258N/A6/30/20231,5906472182N/A3/31/20231,56078222360N/A1/1/20231,50556-37129N/A9/30/20221,50554-18515N/A6/30/20221,54160-284-63N/A3/31/20221,56546-321-82N/A1/1/20221,63574-282-21N/A9/30/20211,67491-24124N/A6/30/20211,63883-15783N/A3/31/20211,48075-14258N/A12/31/20201,28850-38116N/A9/30/20201,19450-14116N/A6/30/20201,15358-9111N/A3/31/20201,1455125154N/A12/31/20191,22473N/A44N/A9/30/20191,23963N/A22N/A6/30/20191,21967N/A54N/A3/31/20191,20278N/A12N/A12/31/20181,16972N/A84N/A9/30/20181,08468N/A32N/A6/30/20181,02662N/A34N/A3/31/201898684N/A79N/A12/31/201793482N/A15N/A9/30/2017879101N/A53N/A12/31/201673375N/A39N/A12/31/201561045N/A19N/Aもっと見るアナリストによる今後の成長予測収入対貯蓄率: 300691の予測収益成長が 貯蓄率 ( 2.4% ) を上回っているかどうかを判断するにはデータが不十分です。収益対市場: 300691の収益がCN市場よりも速く成長すると予測されるかどうかを判断するにはデータが不十分です高成長収益: 300691の収益が今後 3 年間で 大幅に 増加すると予想されるかどうかを判断するにはデータが不十分です。収益対市場: 300691の収益がCN市場よりも速く成長すると予測されるかどうかを判断するにはデータが不十分です。高い収益成長: 300691の収益が年間20%よりも速く成長すると予測されるかどうかを判断するにはデータが不十分です。一株当たり利益成長率予想将来の株主資本利益率将来のROE: 300691の 自己資本利益率 が 3 年後に高くなると予測されるかどうかを判断するにはデータが不十分です成長企業の発掘7D1Y7D1Y7D1YTech 業界の高成長企業。View Past Performance企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/26 20:41終値2026/05/26 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Union Optech Co.,Ltd. 0 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。4 アナリスト機関Jian PanTianfeng Securities Brokerage Co., LtdJunJie ChenTianfeng Securities Brokerage Co., LtdXin ZhangZhongtai Securities Co. Ltd.1 その他のアナリストを表示
New Risk • May 12New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 0.5% Last year net profit margin: 2.1% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Earnings have declined by 27% per year over the past 5 years. Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.5% net profit margin).
お知らせ • Apr 23Union Optech Co.,Ltd., Annual General Meeting, May 14, 2026Union Optech Co.,Ltd., Annual General Meeting, May 14, 2026, at 15:00 China Standard Time. Location: No. 10, Yiwei Road, Torch Development Zone, Zhongshan, Guangdong China
New Risk • Apr 23New major risk - Dividend sustainabilityThe dividend is not well covered by earnings and cash flows. The company is paying a dividend despite being loss-making. The company is paying a dividend despite having no free cash flows. Dividend yield: 0.5% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Earnings have declined by 30% per year over the past 5 years. Minor Risk Large one-off items impacting financial results.
Reported Earnings • Apr 23First quarter 2026 earnings released: CN¥0.012 loss per share (vs CN¥0.09 loss in 1Q 2025)First quarter 2026 results: CN¥0.012 loss per share (improved from CN¥0.09 loss in 1Q 2025). Revenue: CN¥452.6m (up 23% from 1Q 2025). Net loss: CN¥3.86m (loss narrowed 84% from 1Q 2025). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 68 percentage points per year, which is a significant difference in performance.
お知らせ • Mar 31Union Optech Co.,Ltd. to Report Q1, 2026 Results on Apr 23, 2026Union Optech Co.,Ltd. announced that they will report Q1, 2026 results on Apr 23, 2026
お知らせ • Dec 31Union Optech Co.,Ltd. to Report Fiscal Year 2025 Results on Apr 23, 2026Union Optech Co.,Ltd. announced that they will report fiscal year 2025 results on Apr 23, 2026
Reported Earnings • Oct 27Third quarter 2025 earnings released: CN¥0.014 loss per share (vs CN¥0.064 profit in 3Q 2024)Third quarter 2025 results: CN¥0.014 loss per share (down from CN¥0.064 profit in 3Q 2024). Revenue: CN¥541.4m (up 13% from 3Q 2024). Net loss: CN¥4.14m (down 155% from profit in 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 50% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings.
お知らせ • Sep 30Union Optech Co.,Ltd. to Report Q3, 2025 Results on Oct 27, 2025Union Optech Co.,Ltd. announced that they will report Q3, 2025 results on Oct 27, 2025
New Risk • Sep 03New major risk - Dividend sustainabilityThe dividend is not well covered by earnings and cash flows. Payout ratio: 152% The company is paying a dividend despite having no free cash flows. Dividend yield: 0.4% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 152% Paying a dividend despite having no free cash flows. Earnings have declined by 7.1% per year over the past 5 years. Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.9% net profit margin).
お知らせ • Jul 02Union Optech Co.,Ltd. to Report First Half, 2025 Results on Aug 29, 2025Union Optech Co.,Ltd. announced that they will report first half, 2025 results on Aug 29, 2025
お知らせ • May 21Union Optech Co.,Ltd. (SZSE:300691) signed a share acquisition intent agreement to acquire Dongguan Changyi Optoelectronics Co., Ltd.Union Optech Co.,Ltd. (SZSE:300691) signed a share acquisition intent agreement to acquire Dongguan Changyi Optoelectronics Co., Ltd on May 20, 2025. Union Optech intends to acquire Dongguan Changyi Optoelectronics through the issuance of shares and other methods, and to raise supporting funds.
Declared Dividend • May 16Dividend reduced to CN¥0.08Dividend of CN¥0.08 is 47% lower than last year. Ex-date: 21st May 2025 Payment date: 21st May 2025 Dividend yield will be 0.4%, which is lower than the industry average of 1.8%. Sustainability & Growth Dividend is covered by earnings (65% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 3.6% per year over the past 7 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to decline by 28% to shift the payout ratio to a potentially unsustainable range, which is more than the 23% EPS decline seen over the last 5 years.
New Risk • Apr 22New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 0.9% Last year net profit margin: 3.2% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 7.1% per year over the past 5 years. Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (9.6% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.9% net profit margin).
Reported Earnings • Apr 22First quarter 2025 earnings released: CN¥0.09 loss per share (vs CN¥0.005 loss in 1Q 2024)First quarter 2025 results: CN¥0.09 loss per share (further deteriorated from CN¥0.005 loss in 1Q 2024). Revenue: CN¥368.8m (down 3.5% from 1Q 2024). Net loss: CN¥24.0m (loss widened CN¥22.5m from 1Q 2024). Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has increased by 17% per year, which means it is well ahead of earnings.
お知らせ • Apr 22Union Optech Co.,Ltd. Proposes Final Cash Dividend for 2024Union Optech Co.,Ltd. proposed final cash dividend of CNY 0.80000000 per 10 shares (tax included) for 2024.
お知らせ • Apr 21Union Optech Co.,Ltd., Annual General Meeting, May 12, 2025Union Optech Co.,Ltd., Annual General Meeting, May 12, 2025, at 15:00 China Standard Time. Location: 4F, No. 10, Yiwei Road, Huoju Development Zone, Zhongshan, Guangdong China
お知らせ • Mar 31Union Optech Co.,Ltd. to Report Q1, 2025 Results on Apr 21, 2025Union Optech Co.,Ltd. announced that they will report Q1, 2025 results on Apr 21, 2025
分析記事 • Feb 27Union Optech Co.,Ltd.'s (SZSE:300691) Shares Bounce 27% But Its Business Still Trails The IndustryUnion Optech Co.,Ltd. ( SZSE:300691 ) shareholders have had their patience rewarded with a 27% share price jump in the...
分析記事 • Feb 06These 4 Measures Indicate That Union OptechLtd (SZSE:300691) Is Using Debt ExtensivelyDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
分析記事 • Jan 06There Is A Reason Union Optech Co.,Ltd.'s (SZSE:300691) Price Is UndemandingUnion Optech Co.,Ltd.'s ( SZSE:300691 ) price-to-sales (or "P/S") ratio of 3.1x might make it look like a buy right now...
お知らせ • Dec 31Union Optech Co.,Ltd. to Report Fiscal Year 2024 Results on Apr 21, 2025Union Optech Co.,Ltd. announced that they will report fiscal year 2024 results on Apr 21, 2025
分析記事 • Dec 18The Returns On Capital At Union OptechLtd (SZSE:300691) Don't Inspire ConfidenceIf you're looking for a multi-bagger, there's a few things to keep an eye out for. Firstly, we'll want to see a proven...
分析記事 • Nov 02We Believe That Union OptechLtd's (SZSE:300691) Weak Earnings Are A Good Indicator Of Underlying ProfitabilityUnion Optech Co.,Ltd.'s ( SZSE:300691 ) stock wasn't much affected by its recent lackluster earnings numbers. We did...
New Risk • Oct 25New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 25% 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 Risks Share price has been highly volatile over the past 3 months (12% average weekly change). Earnings have declined by 2.1% per year over the past 5 years. High level of non-cash earnings (25% accrual ratio). Minor Risk Paying a dividend despite having no free cash flows.
お知らせ • Oct 23Union Optech Co.,Ltd. (SZSE:300691) completed the acquisition of 61.5% stake in Xi’an Weipu Optoelectronics Technology Co., Ltd. from Liu Xizhan, Fan Zheyuan, He Weiping, Zhang Xinmin, Cao Yi and Zhu Caiping.Union Optech Co.,Ltd. (SZSE:300691) agreed to acquire 61.5% stake in Xi’an Weipu Optoelectronics Technology Co., Ltd. from Liu Xizhan, Fan Zheyuan, He Weiping, Zhang Xinmin, Cao Yi and Zhu Caiping for CNY 30.75 million on February 27, 2024. Union Optech Co.,Ltd. (SZSE:300691) entered into equity acquisition agreement to acquire 61.5% stake in Xi’an Weipu Optoelectronics Technology Co., Ltd. from Liu Xizhan, Fan Zheyuan, He Weiping, Zhang Xinmin, Cao Yi and Zhu Caiping on July 12, 2024. Union Optech Co.,Ltd. (SZSE:300691) completed the acquisition of 61.5% stake in Xi’an Weipu Optoelectronics Technology Co., Ltd. from Liu Xizhan, Fan Zheyuan, He Weiping, Zhang Xinmin, Cao Yi and Zhu Caiping on October 21, 2024.
分析記事 • Oct 21Is Union OptechLtd (SZSE:300691) A Risky Investment?The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
分析記事 • Sep 30Union Optech Co.,Ltd.'s (SZSE:300691) Shares Climb 28% But Its Business Is Yet to Catch UpDespite an already strong run, Union Optech Co.,Ltd. ( SZSE:300691 ) shares have been powering on, with a gain of 28...
お知らせ • Sep 30Union Optech Co.,Ltd. to Report Q3, 2024 Results on Oct 25, 2024Union Optech Co.,Ltd. announced that they will report Q3, 2024 results on Oct 25, 2024
Valuation Update With 7 Day Price Move • Aug 23Investor sentiment deteriorates as stock falls 21%After last week's 21% share price decline to CN¥14.92, the stock trades at a trailing P/E ratio of 74x. Average trailing P/E is 36x in the Electronic industry in China. Total loss to shareholders of 15% over the past three years.
分析記事 • Aug 19Investors Could Be Concerned With Union OptechLtd's (SZSE:300691) 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...
New Risk • Aug 16New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 8.3% 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 1.8% per year over the past 5 years. Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (8.3% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (3.2% net profit margin).
分析記事 • Aug 01Union Optech Co.,Ltd.'s (SZSE:300691) Shares May Have Run Too Fast Too SoonUnion Optech Co.,Ltd.'s ( SZSE:300691 ) price-to-earnings (or "P/E") ratio of 76.6x might make it look like a strong...
お知らせ • Jun 29Union Optech Co.,Ltd. to Report First Half, 2024 Results on Aug 29, 2024Union Optech Co.,Ltd. announced that they will report first half, 2024 results on Aug 29, 2024
分析記事 • May 02Investors Can Find Comfort In Union OptechLtd's (SZSE:300691) Earnings QualitySoft earnings didn't appear to concern Union Optech Co.,Ltd.'s ( SZSE:300691 ) shareholders over the last week. We...
お知らせ • Apr 28Union Optech Co.,Ltd., Annual General Meeting, May 17, 2024Union Optech Co.,Ltd., Annual General Meeting, May 17, 2024, at 16:00 China Standard Time. Location: 4F, No. 10, Yiwei Road, Huoju Development Zone, Zhongshan, Guangdong China Agenda: To consider 2023 work report of the board of directors; to consider 2023 work report of the supervisory committee; to consider 2023 annual report and its summary; to consider 2023 annual accounts report; to consider 2024 financial budget report; to consider 2024 remuneration and allowance plan for directors, supervisors and senior management; to consider 2024 application for credit line to banks and financial institutions by the Company and the Company's guarantee for wholly-owned and controlled subsidiaries within the scope of consolidated statements; and to consider other matters.
お知らせ • Apr 27Union Optech Co.,Ltd. Proposes Final Cash Dividend for the Year 2023Union Optech Co.,Ltd. proposed final cash dividend per 10 shares (tax included) of CNY 1.50000000 for the year 2023.
Reported Earnings • Apr 26First quarter 2024 earnings released: CN¥0.01 loss per share (vs CN¥0.03 profit in 1Q 2023)First quarter 2024 results: CN¥0.01 loss per share (down from CN¥0.03 profit in 1Q 2023). Revenue: CN¥382.3m (up 16% from 1Q 2023). Net loss: CN¥1.47m (down 117% from profit in 1Q 2023). Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings.
分析記事 • Apr 17Union OptechLtd (SZSE:300691) 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...
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¥13.59, the stock trades at a trailing P/E ratio of 59.3x. Average trailing P/E is 37x in the Electronic industry in China. Total returns to shareholders of 6.1% over the past three years.
お知らせ • Mar 30Union Optech Co.,Ltd. to Report Q1, 2024 Results on Apr 26, 2024Union Optech Co.,Ltd. announced that they will report Q1, 2024 results on Apr 26, 2024
分析記事 • Feb 28Pinning Down Union Optech Co.,Ltd.'s (SZSE:300691) P/E Is Difficult Right NowWhen close to half the companies in China have price-to-earnings ratios (or "P/E's") below 29x, you may consider Union...
Valuation Update With 7 Day Price Move • Jan 29Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to CN¥17.02, the stock trades at a trailing P/E ratio of 74.3x. Average trailing P/E is 39x in the Electronic industry in China. Total returns to shareholders of 42% over the past three years.
お知らせ • Dec 29Union Optech Co.,Ltd. to Report Fiscal Year 2023 Results on Apr 26, 2024Union Optech Co.,Ltd. announced that they will report fiscal year 2023 results on Apr 26, 2024
New Risk • Oct 26New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 82% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 1.5% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (6.8% average weekly change). Large one-off items impacting financial results.
お知らせ • Oct 24Union Optech Co.,Ltd. (SZSE:300691) announces an Equity Buyback for CNY 60 million worth of its shares.Union Optech Co.,Ltd. (SZSE:300691) announces a share repurchase program. Under the program, the company will repurchase up to CNY 60 million worth of its shares. The shares will be repurchased at aprice not more than CNY 23 per share. Shares repurchased will be used for ESOP or equity incentives. The program will be valid for 12 months.
Reported Earnings • Oct 23Third quarter 2023 earnings released: EPS: CN¥0.034 (vs CN¥0.042 in 3Q 2022)Third quarter 2023 results: EPS: CN¥0.034 (down from CN¥0.042 in 3Q 2022). Revenue: CN¥452.6m (up 19% from 3Q 2022). Net income: CN¥10.1m (down 22% from 3Q 2022). Profit margin: 2.2% (down from 3.4% in 3Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.
お知らせ • Sep 30Union Optech Co.,Ltd. to Report Q3, 2023 Results on Oct 23, 2023Union Optech Co.,Ltd. announced that they will report Q3, 2023 results on Oct 23, 2023
Reported Earnings • Aug 29Second quarter 2023 earnings released: EPS: CN¥0.13 (vs CN¥0.18 in 2Q 2022)Second quarter 2023 results: EPS: CN¥0.13 (down from CN¥0.18 in 2Q 2022). Revenue: CN¥472.1m (up 7.0% from 2Q 2022). Net income: CN¥30.5m (down 31% from 2Q 2022). Profit margin: 6.5% (down from 9.9% in 2Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.
Valuation Update With 7 Day Price Move • Jul 14Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CN¥20.35, the stock trades at a trailing P/E ratio of 69.9x. Average trailing P/E is 47x in the Electronic industry in China. Total returns to shareholders of 27% over the past three years.
New Risk • Jul 11New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 6.7% 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 2.3% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (6.7% average weekly change). Large one-off items impacting financial results.
お知らせ • Jun 09Union Optech Co.,Ltd. Announces Final Profit Distribution Plan to Be Implemented on A Shares for the Year 2022, Payable on 15 June 2023Union Optech Co.,Ltd. announced final profit distribution plan to be implemented on A shares as cash dividend per ten shares (tax included) of CNY 1.00000000 for the year 2022, payable on 15 June 2023. Record date is 14 June 2023. Ex-date is 15 June 2023.
お知らせ • May 19Union Optech Co.,Ltd. Approves the Cash Dividend for the Year 2022Union Optech Co.,Ltd. approved the cash dividend of CNY 1.00 (tax included) per 10 shares for the year 2022, at the AGM held on May 16, 2023.
Reported Earnings • Apr 26First quarter 2023 earnings released: EPS: CN¥0.03 (vs CN¥0.05 loss in 1Q 2022)First quarter 2023 results: EPS: CN¥0.03 (up from CN¥0.05 loss in 1Q 2022). Revenue: CN¥329.8m (up 20% from 1Q 2022). Net income: CN¥8.60m (up CN¥22.0m from 1Q 2022). Profit margin: 2.6% (up from net loss in 1Q 2022). The move to profitability was driven by higher revenue. 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 2% per year.
Reported Earnings • Oct 25Third quarter 2022 earnings released: EPS: CN¥0.042 (vs CN¥0.09 in 3Q 2021)Third quarter 2022 results: EPS: CN¥0.042 (down from CN¥0.09 in 3Q 2021). Revenue: CN¥381.0m (down 8.6% from 3Q 2021). Net income: CN¥12.9m (down 35% from 3Q 2021). Profit margin: 3.4% (down from 4.7% in 3Q 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 3% per year whereas the company’s share price has fallen by 7% per year.
Valuation Update With 7 Day Price Move • Sep 12Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to CN¥17.60, the stock trades at a trailing P/E ratio of 77.6x. Average trailing P/E is 35x in the Electronic industry in China. Total loss to shareholders of 21% over the past three years.
Reported Earnings • Aug 31Second quarter 2022 earnings released: EPS: CN¥0.18 (vs CN¥0.13 in 2Q 2021)Second quarter 2022 results: EPS: CN¥0.18 (up from CN¥0.13 in 2Q 2021). Revenue: CN¥441.5m (down 5.2% from 2Q 2021). Net income: CN¥43.9m (up 51% from 2Q 2021). Profit margin: 9.9% (up from 6.2% in 2Q 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has remained flat and the company’s share price has also remained flat.
お知らせ • May 28Union Optech Co.,Ltd. Announces 2021 Final Profit Distribution Plan to Be Implemented (A Shares), Payable on June 2, 2022Union Optech Co.,Ltd. implemented Cash dividend (tax included) of CNY 1.20000000 per 10 shares (A shares) for 2021, payable on June 2, 2022 with Record date of June 1, 2022 and Ex-date of June 2, 2022.
お知らせ • May 19Union Optech Co.,Ltd. Declares Profit Distribution for 2021Union Optech Co.,Ltd., at its AGM held on May 18, 2022, declared profit distribution of CNY 1.2 per 10 shares (tax included) for 2021.
Valuation Update With 7 Day Price Move • May 18Investor sentiment improved over the past weekAfter last week's 15% share price gain to CN¥12.99, the stock trades at a trailing P/E ratio of 75.9x. Average trailing P/E is 30x in the Electronic industry in China. Total loss to shareholders of 21% over the past three years.
お知らせ • Apr 27Union Optech Co.,Ltd. Proposes Final Dividend for the Year 2021Union Optech Co.,Ltd. proposed final cash dividend of CNY 1.20000000 per 10 shares (tax included) for the year 2021.
Reported Earnings • Apr 27First quarter 2022 earnings released: CN¥0.05 loss per share (vs CN¥0.07 profit in 1Q 2021)First quarter 2022 results: CN¥0.05 loss per share (down from CN¥0.07 profit in 1Q 2021). Revenue: CN¥274.7m (down 20% from 1Q 2021). Net loss: CN¥13.4m (down 187% from profit in 1Q 2021). Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has fallen by 15% per year, which means it is performing significantly worse than earnings.
Board Change • Apr 27High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Independent Director Jianying Zhou was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
Valuation Update With 7 Day Price Move • Nov 17Investor sentiment improved over the past weekAfter last week's 32% share price gain to CN¥26.30, the stock trades at a forward P/E ratio of 43x. Average forward P/E is 29x in the Electronic industry in China. Total returns to shareholders of 89% over the past three years.
Reported Earnings • Oct 26Third quarter 2021 earnings released: EPS CN¥0.09 (vs CN¥0.06 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: CN¥416.9m (up 9.4% from 3Q 2020). Net income: CN¥19.8m (up 60% from 3Q 2020). Profit margin: 4.7% (up from 3.2% 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 1% per year but the company’s share price has increased by 8% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • Sep 08Investor sentiment improved over the past weekAfter last week's 17% share price gain to CN¥20.40, the stock trades at a forward P/E ratio of 36x. Average forward P/E is 29x in the Electronic industry in China. Total returns to shareholders of 37% over the past three years.
Reported Earnings • Aug 24Second quarter 2021 earnings released: EPS CN¥0.13 (vs CN¥0.11 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¥465.8m (up 52% from 2Q 2020). Net income: CN¥29.0m (up 38% from 2Q 2020). Profit margin: 6.2% (down from 6.8% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 3% per year whereas the company’s share price has fallen by 1% per year.
Valuation Update With 7 Day Price Move • Jul 07Investor sentiment improved over the past weekAfter last week's 19% share price gain to CN¥17.75, the stock trades at a forward P/E ratio of 35x. Average forward P/E is 28x in the Electronic industry in China. Total loss to shareholders of 11% over the past three years.
お知らせ • May 20Union Optech Co.,Ltd. Approves Dividend for the Year 2020Union Optech Co.,Ltd. at its annual general meeting held on May 17, 2021, approved dividend of CNY 1.00000000 per 10 shares (tax included) for the year 2020.
Reported Earnings • Apr 26First quarter 2021 earnings released: EPS CN¥0.07 (vs CN¥0.04 loss in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: CN¥344.4m (up 125% from 1Q 2020). Net income: CN¥15.4m (up CN¥25.3m from 1Q 2020). Profit margin: 4.5% (up from net loss in 1Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has fallen by 17% per year, which means it is performing significantly worse than earnings.
お知らせ • Mar 19Union Optech Co.,Ltd. Announces Management ChangesUnion Optech Co.,Ltd. in its Extraordinary General Meeting of 2021 held on 17 March 2021, approved election of Gong Junqiang, Qiu Shengping, Wang Zhiwei and Li Chengbin as non-independent directors, election of Liang Shilun, Zhou Jianying and Wu Jianchu as independent directors and election of Quan Liwei and Zhang Wanghua as non-employee supervisors, cumulative voting system applicable.
Is New 90 Day High Low • Feb 03New 90-day low: CN¥11.56The company is down 31% from its price of CN¥16.74 on 05 November 2020. The Chinese market is up 6.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is flat over the same period.
Is New 90 Day High Low • Jan 07New 90-day low: CN¥12.29The company is down 20% from its price of CN¥15.29 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.
Is New 90 Day High Low • Dec 09New 90-day low: CN¥14.65The company is down 11% from its price of CN¥16.40 on 10 September 2020. The Chinese market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 5.0% over the same period.
Reported Earnings • Oct 29Third quarter earnings releasedOver the last 12 months the company has reported total profits of CN¥50.4m, down 20% from the prior year. Total revenue was CN¥1.19b over the last 12 months, down 3.6% from the prior year.
Is New 90 Day High Low • Sep 28New 90-day low: CN¥14.75The company is down 3.0% from its price of CN¥15.18 on 30 June 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 6.0% over the same period.
お知らせ • Aug 06Union Optech Co.,Ltd. to Report First Half, 2020 Results on Aug 25, 2020Union Optech Co.,Ltd. announced that they will report first half, 2020 results on Aug 25, 2020