View Future GrowthShenzhen AV-Display 過去の業績過去 基準チェック /06Shenzhen AV-Displayの収益は年間平均-7%の割合で減少していますが、 Electronic業界の収益は年間 増加しています。収益は年間0.3% 3.9%割合で 増加しています。 Shenzhen AV-Displayの自己資本利益率は5.3%であり、純利益率は5.7%です。主要情報-7.00%収益成長率-8.56%EPS成長率Electronic 業界の成長10.93%収益成長率3.88%株主資本利益率5.28%ネット・マージン5.67%前回の決算情報31 Mar 2026最近の業績更新Reported Earnings • Apr 27First quarter 2026 earnings released: EPS: CN¥0.12 (vs CN¥0.16 in 1Q 2025)First quarter 2026 results: EPS: CN¥0.12 (down from CN¥0.16 in 1Q 2025). Revenue: CN¥293.9m (up 9.8% from 1Q 2025). Net income: CN¥14.5m (down 26% from 1Q 2025). Profit margin: 4.9% (down from 7.3% in 1Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings.お知らせ • Mar 31Shenzhen AV-Display Co., Ltd. to Report Q1, 2026 Results on Apr 25, 2026Shenzhen AV-Display Co., Ltd. announced that they will report Q1, 2026 results on Apr 25, 2026お知らせ • Dec 31Shenzhen AV-Display Co., Ltd. to Report Fiscal Year 2025 Results on Apr 18, 2026Shenzhen AV-Display Co., Ltd. announced that they will report fiscal year 2025 results on Apr 18, 2026Reported Earnings • Oct 29Third quarter 2025 earnings released: EPS: CN¥0.11 (vs CN¥0.15 in 3Q 2024)Third quarter 2025 results: EPS: CN¥0.11 (down from CN¥0.15 in 3Q 2024). Revenue: CN¥344.3m (up 19% from 3Q 2024). Net income: CN¥12.5m (down 33% from 3Q 2024). Profit margin: 3.6% (down from 6.5% in 3Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.お知らせ • Sep 30Shenzhen AV-Display Co., Ltd. to Report Q3, 2025 Results on Oct 29, 2025Shenzhen AV-Display Co., Ltd. announced that they will report Q3, 2025 results on Oct 29, 2025Reported Earnings • Aug 22Second quarter 2025 earnings released: EPS: CN¥0.27 (vs CN¥0.26 in 2Q 2024)Second quarter 2025 results: EPS: CN¥0.27 (up from CN¥0.26 in 2Q 2024). Revenue: CN¥362.8m (up 23% from 2Q 2024). Net income: CN¥31.8m (up 4.8% from 2Q 2024). Profit margin: 8.8% (down from 10% in 2Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings.すべての更新を表示Recent updatesDeclared Dividend • May 14Dividend reduced to CN¥0.20Dividend of CN¥0.20 is 50% lower than last year. Ex-date: 19th May 2026 Payment date: 19th May 2026 Dividend yield will be 0.4%, which is lower than the industry average of 1.8%. Sustainability & Growth Dividend is covered by earnings (32% 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 decreased over the past 56 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to decline by 65% to shift the payout ratio to a potentially unsustainable range, which is more than the 6.3% EPS decline seen over the last 5 years.Valuation Update With 7 Day Price Move • May 11Investor sentiment improves as stock rises 19%After last week's 19% share price gain to CN¥45.81, the stock trades at a trailing P/E ratio of 73.6x. Average trailing P/E is 73x in the Electronic industry in China. Total returns to shareholders of 57% over the past three years.New Risk • May 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 7.9% 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 Earnings have declined by 7.0% per year over the past 5 years. High level of non-cash earnings (32% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (7.9% average weekly change).Reported Earnings • Apr 27First quarter 2026 earnings released: EPS: CN¥0.12 (vs CN¥0.16 in 1Q 2025)First quarter 2026 results: EPS: CN¥0.12 (down from CN¥0.16 in 1Q 2025). Revenue: CN¥293.9m (up 9.8% from 1Q 2025). Net income: CN¥14.5m (down 26% from 1Q 2025). Profit margin: 4.9% (down from 7.3% in 1Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings.お知らせ • Apr 20Shenzhen AV-Display Co., Ltd., Annual General Meeting, May 08, 2026Shenzhen AV-Display Co., Ltd., Annual General Meeting, May 08, 2026, at 14:30 China Standard Time. Location: The Company's Meeting Room, Shenzhen, Guangdong Chinaお知らせ • Mar 31Shenzhen AV-Display Co., Ltd. to Report Q1, 2026 Results on Apr 25, 2026Shenzhen AV-Display Co., Ltd. announced that they will report Q1, 2026 results on Apr 25, 2026Valuation Update With 7 Day Price Move • Mar 25Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CN¥46.51, the stock trades at a trailing P/E ratio of 68.7x. Average trailing P/E is 56x in the Electronic industry in China. Total returns to shareholders of 39% over the past three years.Valuation Update With 7 Day Price Move • Mar 10Investor sentiment improves as stock rises 15%After last week's 15% share price gain to CN¥38.58, the stock trades at a trailing P/E ratio of 57x. Average trailing P/E is 59x in the Electronic industry in China. Total returns to shareholders of 30% over the past three years.お知らせ • Dec 31Shenzhen AV-Display Co., Ltd. to Report Fiscal Year 2025 Results on Apr 18, 2026Shenzhen AV-Display Co., Ltd. announced that they will report fiscal year 2025 results on Apr 18, 2026New Risk • Oct 29New major risk - Revenue and earnings growthEarnings have declined by 0.8% 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 Risk Earnings have declined by 0.8% per year over the past 5 years. Minor Risk Dividend is not well covered by cash flows (dividend per share is over 5x cash flows per share).Reported Earnings • Oct 29Third quarter 2025 earnings released: EPS: CN¥0.11 (vs CN¥0.15 in 3Q 2024)Third quarter 2025 results: EPS: CN¥0.11 (down from CN¥0.15 in 3Q 2024). Revenue: CN¥344.3m (up 19% from 3Q 2024). Net income: CN¥12.5m (down 33% from 3Q 2024). Profit margin: 3.6% (down from 6.5% in 3Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.お知らせ • Sep 30Shenzhen AV-Display Co., Ltd. to Report Q3, 2025 Results on Oct 29, 2025Shenzhen AV-Display Co., Ltd. announced that they will report Q3, 2025 results on Oct 29, 2025Valuation Update With 7 Day Price Move • Aug 28Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CN¥40.00, the stock trades at a trailing P/E ratio of 54.2x. Average trailing P/E is 62x in the Electronic industry in China. Total returns to shareholders of 21% over the past three years.Reported Earnings • Aug 22Second quarter 2025 earnings released: EPS: CN¥0.27 (vs CN¥0.26 in 2Q 2024)Second quarter 2025 results: EPS: CN¥0.27 (up from CN¥0.26 in 2Q 2024). Revenue: CN¥362.8m (up 23% from 2Q 2024). Net income: CN¥31.8m (up 4.8% from 2Q 2024). Profit margin: 8.8% (down from 10% in 2Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings.お知らせ • Jul 02Shenzhen AV-Display Co., Ltd. to Report First Half, 2025 Results on Aug 21, 2025Shenzhen AV-Display Co., Ltd. announced that they will report first half, 2025 results on Aug 21, 2025Declared Dividend • May 25Dividend of CN¥0.40 announcedDividend of CN¥0.40 is the same as last year. Ex-date: 29th May 2025 Payment date: 29th May 2025 Dividend yield will be 1.4%, which is lower than the industry average of 1.8%. Sustainability & Growth Dividend is covered by both earnings (56% earnings payout ratio) and cash flows (86% cash payout ratio). The dividend has increased by an average of 4.7% per year over the past 4 years and payments have been stable during that time. The company's earnings per share (EPS) would need to decline by 38% to shift the payout ratio to a potentially unsustainable range, which is more than the 5.5% EPS decline seen over the last 5 years.New Risk • May 01New minor risk - Dividend sustainabilityThe dividend is not well covered by cash flows. Cash payout ratio: 169% Dividend yield: 1.4% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. 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: Minor Risks Dividend is not well covered by cash flows (169% cash payout ratio). Profit margins are more than 30% lower than last year (8.4% net profit margin).Reported Earnings • Apr 28First quarter 2025 earnings released: EPS: CN¥0.16 (vs CN¥0.20 in 1Q 2024)First quarter 2025 results: EPS: CN¥0.16 (down from CN¥0.20 in 1Q 2024). Revenue: CN¥267.7m (up 19% from 1Q 2024). Net income: CN¥19.5m (down 19% from 1Q 2024). Profit margin: 7.3% (down from 11% in 1Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.お知らせ • Apr 26Shenzhen AV-Display Co., Ltd., Annual General Meeting, May 16, 2025Shenzhen AV-Display Co., Ltd., Annual General Meeting, May 16, 2025, at 14:30 China Standard Time. Location: The Company's Meeting Room, Shenzhen, Guangdong ChinaValuation Update With 7 Day Price Move • Apr 07Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to CN¥24.09, the stock trades at a trailing P/E ratio of 29.2x. Average trailing P/E is 48x in the Electronic industry in China. Total loss to shareholders of 8.4% over the past three years.お知らせ • Mar 31Shenzhen AV-Display Co., Ltd. to Report Q1, 2025 Results on Apr 26, 2025Shenzhen AV-Display Co., Ltd. announced that they will report Q1, 2025 results on Apr 26, 2025Valuation Update With 7 Day Price Move • Jan 03Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to CN¥29.57, the stock trades at a trailing P/E ratio of 35.8x. Average trailing P/E is 44x in the Electronic industry in China. Total loss to shareholders of 23% over the past three years.分析記事 • Dec 31Shenzhen AV-Display (SZSE:300939) Will Be Hoping To Turn Its Returns On Capital AroundIf 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 • Dec 31Shenzhen AV-Display Co., Ltd. to Report Fiscal Year 2024 Results on Apr 26, 2025Shenzhen AV-Display Co., Ltd. announced that they will report fiscal year 2024 results on Apr 26, 2025分析記事 • Nov 04Shenzhen AV-Display's (SZSE:300939) Shareholders Have More To Worry About Than Only Soft EarningsThe market wasn't impressed with the soft earnings from Shenzhen AV-Display Co., Ltd. ( SZSE:300939 ) recently. We did...Reported Earnings • Oct 28Third quarter 2024 earnings released: EPS: CN¥0.15 (vs CN¥0.23 in 3Q 2023)Third quarter 2024 results: EPS: CN¥0.15 (down from CN¥0.23 in 3Q 2023). Revenue: CN¥288.5m (up 20% from 3Q 2023). Net income: CN¥18.7m (down 33% from 3Q 2023). Profit margin: 6.5% (down from 12% in 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 5% per year whereas the company’s share price has remained flat.分析記事 • Oct 09Subdued Growth No Barrier To Shenzhen AV-Display Co., Ltd. (SZSE:300939) With Shares Advancing 39%Shenzhen AV-Display Co., Ltd. ( SZSE:300939 ) shareholders would be excited to see that the share price has had a great...お知らせ • Sep 30Shenzhen AV-Display Co., Ltd. to Report Q3, 2024 Results on Oct 28, 2024Shenzhen AV-Display Co., Ltd. announced that they will report Q3, 2024 results on Oct 28, 2024Valuation Update With 7 Day Price Move • Sep 30Investor sentiment improves as stock rises 31%After last week's 31% share price gain to CN¥31.81, the stock trades at a trailing P/E ratio of 35.1x. Average trailing P/E is 38x in the Electronic industry in China. Total returns to shareholders of 1.9% over the past three years.分析記事 • Sep 27Some Investors May Be Worried About Shenzhen AV-Display's (SZSE:300939) Returns On CapitalThere are a few key trends to look for if we want to identify the next multi-bagger. Typically, we'll want to notice a...Reported Earnings • Aug 28Second quarter 2024 earnings released: EPS: CN¥0.26 (vs CN¥0.32 in 2Q 2023)Second quarter 2024 results: EPS: CN¥0.26 (down from CN¥0.32 in 2Q 2023). Revenue: CN¥295.3m (up 13% from 2Q 2023). Net income: CN¥30.3m (down 19% from 2Q 2023). Profit margin: 10% (down from 14% in 2Q 2023). 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 fallen by 8% per year, which means it is significantly lagging earnings.New Risk • Jul 26New 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 7.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (7.2% average weekly change).お知らせ • Jun 29Shenzhen AV-Display Co., Ltd. to Report First Half, 2024 Results on Aug 28, 2024Shenzhen AV-Display Co., Ltd. announced that they will report first half, 2024 results on Aug 28, 2024分析記事 • Jun 17Shenzhen AV-Display Co., Ltd.'s (SZSE:300939) Shares May Have Run Too Fast Too SoonIt's not a stretch to say that Shenzhen AV-Display Co., Ltd.'s ( SZSE:300939 ) price-to-earnings (or "P/E") ratio of...分析記事 • May 21Shenzhen AV-Display (SZSE:300939) Has Announced A Dividend Of CN¥0.40Shenzhen AV-Display Co., Ltd.'s ( SZSE:300939 ) investors are due to receive a payment of CN¥0.40 per share on 22nd of...Declared Dividend • May 17Dividend of CN¥0.40 announcedDividend of CN¥0.40 is the same as last year. Ex-date: 22nd May 2024 Payment date: 22nd May 2024 Dividend yield will be 1.4%, which is lower than the industry average of 1.8%. Sustainability & Growth Dividend is covered by both earnings (42% earnings payout ratio) and cash flows (65% cash payout ratio). The dividend has increased by an average of 6.3% per year over the past 3 years and payments have been stable during that time. Earnings per share has grown by 3.8% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.お知らせ • May 16Shenzhen Av-Display Co., Ltd. Implements 2023 Final Profit Distribution Plan of A Shares, Payable on 22 May 2024Shenzhen AV-Display Co., Ltd. announced 2023 final profit distribution plan to be implemented (A shares): Cash dividend/10 shares (tax included): CNY 4.00000000. Record date: 21 May 2024, Ex-date: 22 May 2024, Payment date: 22 May 2024.分析記事 • May 01Shenzhen AV-Display's (SZSE:300939) Problems Go Beyond Weak ProfitA lackluster earnings announcement from Shenzhen AV-Display Co., Ltd. ( SZSE:300939 ) last week didn't sink the stock...お知らせ • Apr 21Shenzhen AV-Display Co., Ltd., Annual General Meeting, May 10, 2024Shenzhen AV-Display Co., Ltd., Annual General Meeting, May 10, 2024, at 14:00 China Standard Time. Location: The Company's Meeting Room, Shenzhen, Guangdong ChinaReported Earnings • Apr 20First quarter 2024 earnings released: EPS: CN¥0.20 (vs CN¥0.26 in 1Q 2023)First quarter 2024 results: EPS: CN¥0.20 (down from CN¥0.26 in 1Q 2023). Revenue: CN¥224.2m (down 7.5% from 1Q 2023). Net income: CN¥24.1m (down 24% from 1Q 2023). Profit margin: 11% (down from 13% in 1Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings.Valuation Update With 7 Day Price Move • Apr 16Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to CN¥24.18, the stock trades at a trailing P/E ratio of 23.3x. Average trailing P/E is 37x in the Electronic industry in China. Total loss to shareholders of 45% over the past three years.Board Change • Apr 01High number of new and inexperienced directorsThere are 6 new directors who have joined the board in the last 3 years. The company's board is composed of: 6 new directors. 5 experienced directors. No highly experienced directors. Director Tiehua Wang is the most experienced director on the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.お知らせ • Mar 30Shenzhen AV-Display Co., Ltd. to Report Q1, 2024 Results on Apr 20, 2024Shenzhen AV-Display Co., Ltd. announced that they will report Q1, 2024 results on Apr 20, 2024お知らせ • Mar 22Shenzhen Av-Display Co., Ltd. Approves Board AppointmentsShenzhen AV-Display Co., Ltd. at its first extraordinary general meeting of 2024 held on 18 March 2024, the shareholders approved election of Chai Guangyue and Yang Yibin as independent directors; Chen Wenjian and Jian Tingxian as non-independent directors and Zheng Rong and Li Jianfeng as non-employee supervisors.Board Change • Mar 20Less than half of directors are independentFollowing the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 3 non-independent directors. Independent Director Pingping Song was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Valuation Update With 7 Day Price Move • Mar 20Investor sentiment improves as stock rises 22%After last week's 22% share price gain to CN¥36.12, the stock trades at a trailing P/E ratio of 34.9x. Average trailing P/E is 40x in the Electronic industry in China. Total loss to shareholders of 20% over the past three years.分析記事 • Feb 28Shenzhen AV-Display Co., Ltd.'s (SZSE:300939) Popularity With Investors Is Under Threat From OverpricingWith a median price-to-earnings (or "P/E") ratio of close to 31x in China, you could be forgiven for feeling...Valuation Update With 7 Day Price Move • Feb 23Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CN¥27.85, the stock trades at a trailing P/E ratio of 26.9x. Average trailing P/E is 35x in the Electronic industry in China. Total loss to shareholders of 36% over the past three years.Valuation Update With 7 Day Price Move • Feb 02Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to CN¥24.04, the stock trades at a trailing P/E ratio of 23.2x. Average trailing P/E is 34x in the Electronic industry in China. Total loss to shareholders of 51% over the past three years.お知らせ • Jan 29Shenzhen AV-Display Co., Ltd. (SZSE:300939) announces an Equity Buyback for CNY 50 million worth of its shares.Shenzhen AV-Display Co., Ltd. (SZSE:300939) announces a share repurchase program. Under the program, the company will repurchase up to CNY 50 million worth of its shares. The shares will be repurchased at a price not more than CNY 51.52 per share. The shares repurchased will be used to implement employee stock ownership plans or equity incentives. The program will be valid for 12 months.お知らせ • Dec 29Shenzhen AV-Display Co., Ltd. to Report Fiscal Year 2023 Results on Apr 20, 2024Shenzhen AV-Display Co., Ltd. announced that they will report fiscal year 2023 results on Apr 20, 2024Valuation Update With 7 Day Price Move • Nov 28Investor sentiment improves as stock rises 15%After last week's 15% share price gain to CN¥42.45, the stock trades at a trailing P/E ratio of 41x. Average trailing P/E is 46x in the Electronic industry in China. Total returns to shareholders of 44% over the past year.Reported Earnings • Oct 27Third quarter 2023 earnings released: EPS: CN¥0.23 (vs CN¥0.48 in 3Q 2022)Third quarter 2023 results: EPS: CN¥0.23 (down from CN¥0.48 in 3Q 2022). Revenue: CN¥239.7m (down 17% from 3Q 2022). Net income: CN¥28.1m (down 52% from 3Q 2022). Profit margin: 12% (down from 20% in 3Q 2022). The decrease in margin was driven by lower revenue.Valuation Update With 7 Day Price Move • Oct 23Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to CN¥31.87, the stock trades at a trailing P/E ratio of 24.7x. Average trailing P/E is 41x in the Electronic industry in China. Negligible returns to shareholders over past year.お知らせ • Sep 30Shenzhen AV-Display Co., Ltd. to Report Q3, 2023 Results on Oct 27, 2023Shenzhen AV-Display Co., Ltd. announced that they will report Q3, 2023 results on Oct 27, 2023Reported Earnings • Aug 30Second quarter 2023 earnings released: EPS: CN¥0.32 (vs CN¥0.40 in 2Q 2022)Second quarter 2023 results: EPS: CN¥0.32 (down from CN¥0.40 in 2Q 2022). Revenue: CN¥260.7m (down 16% from 2Q 2022). Net income: CN¥37.6m (down 21% from 2Q 2022). Profit margin: 14% (in line with 2Q 2022).New Risk • Jul 11New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Chinese stocks, typically moving 9.2% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (9.2% average weekly change). High level of non-cash earnings (38% accrual ratio). Minor Risk Dividend is not well covered by cash flows (114% cash payout ratio).Valuation Update With 7 Day Price Move • Jul 10Investor sentiment improves as stock rises 23%After last week's 23% share price gain to CN¥44.31, the stock trades at a trailing P/E ratio of 32.2x. Average trailing P/E is 47x in the Electronic industry in China. Total returns to shareholders of 30% over the past year.Reported Earnings • Apr 24Full year 2022 earnings released: EPS: CN¥1.33 (vs CN¥0.93 in FY 2021)Full year 2022 results: EPS: CN¥1.33 (up from CN¥0.93 in FY 2021). Revenue: CN¥1.10b (flat on FY 2021). Net income: CN¥159.2m (up 45% from FY 2021). Profit margin: 14% (up from 9.9% in FY 2021).Reported Earnings • Oct 28Third quarter 2022 earnings released: EPS: CN¥0.48 (vs CN¥0.37 in 3Q 2021)Third quarter 2022 results: EPS: CN¥0.48 (up from CN¥0.37 in 3Q 2021). Revenue: CN¥289.5m (down 6.0% from 3Q 2021). Net income: CN¥58.7m (up 33% from 3Q 2021). Profit margin: 20% (up from 14% in 3Q 2021). The increase in margin was driven by lower expenses.Valuation Update With 7 Day Price Move • Oct 17Investor sentiment improved over the past weekAfter last week's 15% share price gain to CN¥32.69, the stock trades at a trailing P/E ratio of 26.8x. Average trailing P/E is 32x in the Electronic industry in China. Total returns to shareholders of 2.9% over the past year.Reported Earnings • Aug 21Second quarter 2022 earnings released: EPS: CN¥0.40 (vs CN¥0.22 in 2Q 2021)Second quarter 2022 results: EPS: CN¥0.40 (up from CN¥0.22 in 2Q 2021). Revenue: CN¥311.7m (up 10% from 2Q 2021). Net income: CN¥47.7m (up 81% from 2Q 2021). Profit margin: 15% (up from 9.3% in 2Q 2021). The increase in margin was driven by higher revenue.Valuation Update With 7 Day Price Move • Aug 09Investor sentiment improved over the past weekAfter last week's 18% share price gain to CN¥40.16, the stock trades at a trailing P/E ratio of 38.5x. Average trailing P/E is 38x in the Electronic industry in China. Total returns to shareholders of 19% over the past year.Valuation Update With 7 Day Price Move • Jun 28Investor sentiment improved over the past weekAfter last week's 17% share price gain to CN¥33.25, the stock trades at a trailing P/E ratio of 31.9x. Average trailing P/E is 35x in the Electronic industry in China. Total loss to shareholders of 9.1% over the past year.お知らせ • May 14Shenzhen AV-Display Co., Ltd. Announces 2021 Final Profit Distribution Plan to Be Implemented on A Shares, Payable on 20 May 2022Shenzhen AV-Display Co., Ltd. announced 2021 final profit distribution plan to be implemented on A shares: Cash dividend/10 shares (tax included) is CNY 6.00000000. Record date is 19 May 2022, Ex-date is 20 May 2022 and Payment date is 20 May 2022.お知らせ • May 12Shenzhen Av-Display Co., Ltd. Approves Cash Dividend for the Year 2021Shenzhen AV-Display Co., Ltd. approved at its AGM held on May 6, 2022 final cash dividend of CNY 6.00000000 per 10 shares (tax included) for 2021.Reported Earnings • Apr 27First quarter 2022 earnings released: EPS: CN¥0.32 (vs CN¥0.14 in 1Q 2021)First quarter 2022 results: EPS: CN¥0.32 (up from CN¥0.14 in 1Q 2021). Revenue: CN¥254.0m (up 18% from 1Q 2021). Net income: CN¥25.9m (up 150% from 1Q 2021). Profit margin: 10% (up from 4.8% in 1Q 2021). The increase in margin was driven by higher revenue.お知らせ • Apr 16+ 1 more updateShenzhen AV-Display Co., Ltd. Proposes Final Cash Dividend for 2021Shenzhen AV-Display Co., Ltd. proposed final cash dividend of CNY 6.00000000 per 10 shares (tax included) for 2021.Reported Earnings • Apr 16Full year 2021 earnings released: EPS: CN¥1.40 (vs CN¥1.39 in FY 2020)Full year 2021 results: EPS: CN¥1.40 (up from CN¥1.39 in FY 2020). Revenue: CN¥1.11b (up 35% from FY 2020). Net income: CN¥109.7m (up 32% from FY 2020). Profit margin: 9.9% (in line with FY 2020).Valuation Update With 7 Day Price Move • Jan 25Investor sentiment deteriorated over the past weekAfter last week's 23% share price decline to CN¥46.84, the stock trades at a trailing P/E ratio of 36.5x. Average trailing P/E is 42x in the Electronic industry in China.Reported Earnings • Oct 27Third quarter 2021 earnings released: EPS CN¥0.55 (vs CN¥0.45 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: CN¥308.1m (up 36% from 3Q 2020). Net income: CN¥44.2m (up 65% from 3Q 2020). Profit margin: 14% (up from 12% in 3Q 2020). The increase in margin was driven by higher revenue.Reported Earnings • Aug 20Second quarter 2021 earnings released: EPS CN¥0.33 (vs CN¥0.45 in 2Q 2020)The company reported a soft second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2021 results: Revenue: CN¥282.7m (up 25% from 2Q 2020). Net income: CN¥26.4m (down 1.2% from 2Q 2020). Profit margin: 9.3% (down from 12% in 2Q 2020). The decrease in margin was driven by higher expenses.お知らせ • May 21Shenzhen AV-Display Co., Ltd., Announces Cash Dividend on its A share for the Year of 2020, Payable on 26 May 2021Shenzhen AV-Display Co., Ltd. announced cash dividend/10 shares (tax included) of CNY 5.00000000 on its A shares for the year 2020. Record date is 25 May 2021, Ex-date is 26 May 2021 and Payment date is 26 May 2021.お知らせ • May 16Shenzhen AV-Display Co., Ltd. Approves Cash Dividend for the Year 2020Shenzhen AV-Display Co., Ltd., at the AGM held on May 12, 2021 the company approved Cash dividend/10 shares (tax included) of CNY 5.00000000 for the year 2020.お知らせ • Mar 21Shenzhen Av-Display Co., Ltd. Announces Management ChangesShenzhen AV-Display Co., Ltd. held its 1st Extraordinary General Meeting of 2021 on 18 March 2021 board elected of non-independent directors, cumulative voting system applicable, Huang Zhiyi, Chen Wenjian, Wang Yabin, Wang Tiehua, election of independent directors, cumulative voting system applicable Zou Haiyan, Feng Qiang, Qian Keyuan, and election of shareholder supervisors, cumulative voting system applicable Chen Weijun, Yang Zhi.Valuation Update With 7 Day Price Move • Mar 08Investor sentiment improved over the past weekAfter last week's 27% share price gain to CN¥85.60, the stock is trading at a trailing P/E ratio of 60.2x, up from the previous P/E ratio of 47.2x. This compares to an average P/E of 40x in the Electronic industry in China.収支内訳Shenzhen AV-Display の稼ぎ方とお金の使い方。LTMベースの直近の報告された収益に基づく。収益と収入の歴史SZSE:300939 収益、費用、利益 ( )CNY Millions日付収益収益G+A経費研究開発費31 Mar 261,318751229531 Dec 251,292801179430 Sep 251,251811129230 Jun 251,196871118731 Mar 251,128861058431 Dec 241,085911038030 Sep 241,06098997630 Jun 241,011107957431 Mar 24977115966831 Dec 23995122956430 Sep 23991124986330 Jun 231,041155996031 Mar 231,0921651006101 Jan 231,1041591016030 Sep 221,1611611015530 Jun 221,1791471025331 Mar 221,1501251055201 Jan 221,1111101065030 Sep 211,030103944530 Jun 2194885874431 Mar 2188882764131 Dec 2082483703930 Sep 20829851346831 Dec 1980187813931 Dec 1879172743931 Dec 1767034722831 Dec 16545226122質の高い収益: 300939 非現金収入 のレベルが高いです。利益率の向上: 300939の現在の純利益率 (5.7%)は、昨年(7.6%)よりも低くなっています。フリー・キャッシュフローと収益の比較過去の収益成長分析収益動向: 300939の収益は過去 5 年間で年間7%減少しました。成長の加速: 300939は過去 1 年間の収益成長がマイナスであったため、5 年間の平均と比較することはできません。収益対業界: 300939は過去 1 年間で収益成長率がマイナス ( -13.2% ) となったため、 Electronic業界平均 ( 9.7% ) と比較することが困難です。株主資本利益率高いROE: 300939の 自己資本利益率 ( 5.3% ) は 低い とみなされます。総資産利益率使用総資本利益率過去の好業績企業の発掘7D1Y7D1Y7D1YTech 、過去の業績が好調な企業。View Financial Health企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/06/26 17:06終値2026/06/26 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このレポートを生成するために使用した分析モデルの詳細は、当社の Github ページ でご覧いただけます。また、レポートの使い方に関する ガイド や YouTube の チュートリアル もご用意しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Shenzhen AV-Display 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。0
Reported Earnings • Apr 27First quarter 2026 earnings released: EPS: CN¥0.12 (vs CN¥0.16 in 1Q 2025)First quarter 2026 results: EPS: CN¥0.12 (down from CN¥0.16 in 1Q 2025). Revenue: CN¥293.9m (up 9.8% from 1Q 2025). Net income: CN¥14.5m (down 26% from 1Q 2025). Profit margin: 4.9% (down from 7.3% in 1Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings.
お知らせ • Mar 31Shenzhen AV-Display Co., Ltd. to Report Q1, 2026 Results on Apr 25, 2026Shenzhen AV-Display Co., Ltd. announced that they will report Q1, 2026 results on Apr 25, 2026
お知らせ • Dec 31Shenzhen AV-Display Co., Ltd. to Report Fiscal Year 2025 Results on Apr 18, 2026Shenzhen AV-Display Co., Ltd. announced that they will report fiscal year 2025 results on Apr 18, 2026
Reported Earnings • Oct 29Third quarter 2025 earnings released: EPS: CN¥0.11 (vs CN¥0.15 in 3Q 2024)Third quarter 2025 results: EPS: CN¥0.11 (down from CN¥0.15 in 3Q 2024). Revenue: CN¥344.3m (up 19% from 3Q 2024). Net income: CN¥12.5m (down 33% from 3Q 2024). Profit margin: 3.6% (down from 6.5% in 3Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.
お知らせ • Sep 30Shenzhen AV-Display Co., Ltd. to Report Q3, 2025 Results on Oct 29, 2025Shenzhen AV-Display Co., Ltd. announced that they will report Q3, 2025 results on Oct 29, 2025
Reported Earnings • Aug 22Second quarter 2025 earnings released: EPS: CN¥0.27 (vs CN¥0.26 in 2Q 2024)Second quarter 2025 results: EPS: CN¥0.27 (up from CN¥0.26 in 2Q 2024). Revenue: CN¥362.8m (up 23% from 2Q 2024). Net income: CN¥31.8m (up 4.8% from 2Q 2024). Profit margin: 8.8% (down from 10% in 2Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings.
Declared Dividend • May 14Dividend reduced to CN¥0.20Dividend of CN¥0.20 is 50% lower than last year. Ex-date: 19th May 2026 Payment date: 19th May 2026 Dividend yield will be 0.4%, which is lower than the industry average of 1.8%. Sustainability & Growth Dividend is covered by earnings (32% 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 decreased over the past 56 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to decline by 65% to shift the payout ratio to a potentially unsustainable range, which is more than the 6.3% EPS decline seen over the last 5 years.
Valuation Update With 7 Day Price Move • May 11Investor sentiment improves as stock rises 19%After last week's 19% share price gain to CN¥45.81, the stock trades at a trailing P/E ratio of 73.6x. Average trailing P/E is 73x in the Electronic industry in China. Total returns to shareholders of 57% over the past three years.
New Risk • May 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 7.9% 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 Earnings have declined by 7.0% per year over the past 5 years. High level of non-cash earnings (32% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (7.9% average weekly change).
Reported Earnings • Apr 27First quarter 2026 earnings released: EPS: CN¥0.12 (vs CN¥0.16 in 1Q 2025)First quarter 2026 results: EPS: CN¥0.12 (down from CN¥0.16 in 1Q 2025). Revenue: CN¥293.9m (up 9.8% from 1Q 2025). Net income: CN¥14.5m (down 26% from 1Q 2025). Profit margin: 4.9% (down from 7.3% in 1Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings.
お知らせ • Apr 20Shenzhen AV-Display Co., Ltd., Annual General Meeting, May 08, 2026Shenzhen AV-Display Co., Ltd., Annual General Meeting, May 08, 2026, at 14:30 China Standard Time. Location: The Company's Meeting Room, Shenzhen, Guangdong China
お知らせ • Mar 31Shenzhen AV-Display Co., Ltd. to Report Q1, 2026 Results on Apr 25, 2026Shenzhen AV-Display Co., Ltd. announced that they will report Q1, 2026 results on Apr 25, 2026
Valuation Update With 7 Day Price Move • Mar 25Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CN¥46.51, the stock trades at a trailing P/E ratio of 68.7x. Average trailing P/E is 56x in the Electronic industry in China. Total returns to shareholders of 39% over the past three years.
Valuation Update With 7 Day Price Move • Mar 10Investor sentiment improves as stock rises 15%After last week's 15% share price gain to CN¥38.58, the stock trades at a trailing P/E ratio of 57x. Average trailing P/E is 59x in the Electronic industry in China. Total returns to shareholders of 30% over the past three years.
お知らせ • Dec 31Shenzhen AV-Display Co., Ltd. to Report Fiscal Year 2025 Results on Apr 18, 2026Shenzhen AV-Display Co., Ltd. announced that they will report fiscal year 2025 results on Apr 18, 2026
New Risk • Oct 29New major risk - Revenue and earnings growthEarnings have declined by 0.8% 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 Risk Earnings have declined by 0.8% per year over the past 5 years. Minor Risk Dividend is not well covered by cash flows (dividend per share is over 5x cash flows per share).
Reported Earnings • Oct 29Third quarter 2025 earnings released: EPS: CN¥0.11 (vs CN¥0.15 in 3Q 2024)Third quarter 2025 results: EPS: CN¥0.11 (down from CN¥0.15 in 3Q 2024). Revenue: CN¥344.3m (up 19% from 3Q 2024). Net income: CN¥12.5m (down 33% from 3Q 2024). Profit margin: 3.6% (down from 6.5% in 3Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.
お知らせ • Sep 30Shenzhen AV-Display Co., Ltd. to Report Q3, 2025 Results on Oct 29, 2025Shenzhen AV-Display Co., Ltd. announced that they will report Q3, 2025 results on Oct 29, 2025
Valuation Update With 7 Day Price Move • Aug 28Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CN¥40.00, the stock trades at a trailing P/E ratio of 54.2x. Average trailing P/E is 62x in the Electronic industry in China. Total returns to shareholders of 21% over the past three years.
Reported Earnings • Aug 22Second quarter 2025 earnings released: EPS: CN¥0.27 (vs CN¥0.26 in 2Q 2024)Second quarter 2025 results: EPS: CN¥0.27 (up from CN¥0.26 in 2Q 2024). Revenue: CN¥362.8m (up 23% from 2Q 2024). Net income: CN¥31.8m (up 4.8% from 2Q 2024). Profit margin: 8.8% (down from 10% in 2Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings.
お知らせ • Jul 02Shenzhen AV-Display Co., Ltd. to Report First Half, 2025 Results on Aug 21, 2025Shenzhen AV-Display Co., Ltd. announced that they will report first half, 2025 results on Aug 21, 2025
Declared Dividend • May 25Dividend of CN¥0.40 announcedDividend of CN¥0.40 is the same as last year. Ex-date: 29th May 2025 Payment date: 29th May 2025 Dividend yield will be 1.4%, which is lower than the industry average of 1.8%. Sustainability & Growth Dividend is covered by both earnings (56% earnings payout ratio) and cash flows (86% cash payout ratio). The dividend has increased by an average of 4.7% per year over the past 4 years and payments have been stable during that time. The company's earnings per share (EPS) would need to decline by 38% to shift the payout ratio to a potentially unsustainable range, which is more than the 5.5% EPS decline seen over the last 5 years.
New Risk • May 01New minor risk - Dividend sustainabilityThe dividend is not well covered by cash flows. Cash payout ratio: 169% Dividend yield: 1.4% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. 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: Minor Risks Dividend is not well covered by cash flows (169% cash payout ratio). Profit margins are more than 30% lower than last year (8.4% net profit margin).
Reported Earnings • Apr 28First quarter 2025 earnings released: EPS: CN¥0.16 (vs CN¥0.20 in 1Q 2024)First quarter 2025 results: EPS: CN¥0.16 (down from CN¥0.20 in 1Q 2024). Revenue: CN¥267.7m (up 19% from 1Q 2024). Net income: CN¥19.5m (down 19% from 1Q 2024). Profit margin: 7.3% (down from 11% in 1Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.
お知らせ • Apr 26Shenzhen AV-Display Co., Ltd., Annual General Meeting, May 16, 2025Shenzhen AV-Display Co., Ltd., Annual General Meeting, May 16, 2025, at 14:30 China Standard Time. Location: The Company's Meeting Room, Shenzhen, Guangdong China
Valuation Update With 7 Day Price Move • Apr 07Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to CN¥24.09, the stock trades at a trailing P/E ratio of 29.2x. Average trailing P/E is 48x in the Electronic industry in China. Total loss to shareholders of 8.4% over the past three years.
お知らせ • Mar 31Shenzhen AV-Display Co., Ltd. to Report Q1, 2025 Results on Apr 26, 2025Shenzhen AV-Display Co., Ltd. announced that they will report Q1, 2025 results on Apr 26, 2025
Valuation Update With 7 Day Price Move • Jan 03Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to CN¥29.57, the stock trades at a trailing P/E ratio of 35.8x. Average trailing P/E is 44x in the Electronic industry in China. Total loss to shareholders of 23% over the past three years.
分析記事 • Dec 31Shenzhen AV-Display (SZSE:300939) Will Be Hoping To Turn Its Returns On Capital AroundIf 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 • Dec 31Shenzhen AV-Display Co., Ltd. to Report Fiscal Year 2024 Results on Apr 26, 2025Shenzhen AV-Display Co., Ltd. announced that they will report fiscal year 2024 results on Apr 26, 2025
分析記事 • Nov 04Shenzhen AV-Display's (SZSE:300939) Shareholders Have More To Worry About Than Only Soft EarningsThe market wasn't impressed with the soft earnings from Shenzhen AV-Display Co., Ltd. ( SZSE:300939 ) recently. We did...
Reported Earnings • Oct 28Third quarter 2024 earnings released: EPS: CN¥0.15 (vs CN¥0.23 in 3Q 2023)Third quarter 2024 results: EPS: CN¥0.15 (down from CN¥0.23 in 3Q 2023). Revenue: CN¥288.5m (up 20% from 3Q 2023). Net income: CN¥18.7m (down 33% from 3Q 2023). Profit margin: 6.5% (down from 12% in 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 5% per year whereas the company’s share price has remained flat.
分析記事 • Oct 09Subdued Growth No Barrier To Shenzhen AV-Display Co., Ltd. (SZSE:300939) With Shares Advancing 39%Shenzhen AV-Display Co., Ltd. ( SZSE:300939 ) shareholders would be excited to see that the share price has had a great...
お知らせ • Sep 30Shenzhen AV-Display Co., Ltd. to Report Q3, 2024 Results on Oct 28, 2024Shenzhen AV-Display Co., Ltd. announced that they will report Q3, 2024 results on Oct 28, 2024
Valuation Update With 7 Day Price Move • Sep 30Investor sentiment improves as stock rises 31%After last week's 31% share price gain to CN¥31.81, the stock trades at a trailing P/E ratio of 35.1x. Average trailing P/E is 38x in the Electronic industry in China. Total returns to shareholders of 1.9% over the past three years.
分析記事 • Sep 27Some Investors May Be Worried About Shenzhen AV-Display's (SZSE:300939) Returns On CapitalThere are a few key trends to look for if we want to identify the next multi-bagger. Typically, we'll want to notice a...
Reported Earnings • Aug 28Second quarter 2024 earnings released: EPS: CN¥0.26 (vs CN¥0.32 in 2Q 2023)Second quarter 2024 results: EPS: CN¥0.26 (down from CN¥0.32 in 2Q 2023). Revenue: CN¥295.3m (up 13% from 2Q 2023). Net income: CN¥30.3m (down 19% from 2Q 2023). Profit margin: 10% (down from 14% in 2Q 2023). 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 fallen by 8% per year, which means it is significantly lagging earnings.
New Risk • Jul 26New 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 7.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (7.2% average weekly change).
お知らせ • Jun 29Shenzhen AV-Display Co., Ltd. to Report First Half, 2024 Results on Aug 28, 2024Shenzhen AV-Display Co., Ltd. announced that they will report first half, 2024 results on Aug 28, 2024
分析記事 • Jun 17Shenzhen AV-Display Co., Ltd.'s (SZSE:300939) Shares May Have Run Too Fast Too SoonIt's not a stretch to say that Shenzhen AV-Display Co., Ltd.'s ( SZSE:300939 ) price-to-earnings (or "P/E") ratio of...
分析記事 • May 21Shenzhen AV-Display (SZSE:300939) Has Announced A Dividend Of CN¥0.40Shenzhen AV-Display Co., Ltd.'s ( SZSE:300939 ) investors are due to receive a payment of CN¥0.40 per share on 22nd of...
Declared Dividend • May 17Dividend of CN¥0.40 announcedDividend of CN¥0.40 is the same as last year. Ex-date: 22nd May 2024 Payment date: 22nd May 2024 Dividend yield will be 1.4%, which is lower than the industry average of 1.8%. Sustainability & Growth Dividend is covered by both earnings (42% earnings payout ratio) and cash flows (65% cash payout ratio). The dividend has increased by an average of 6.3% per year over the past 3 years and payments have been stable during that time. Earnings per share has grown by 3.8% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
お知らせ • May 16Shenzhen Av-Display Co., Ltd. Implements 2023 Final Profit Distribution Plan of A Shares, Payable on 22 May 2024Shenzhen AV-Display Co., Ltd. announced 2023 final profit distribution plan to be implemented (A shares): Cash dividend/10 shares (tax included): CNY 4.00000000. Record date: 21 May 2024, Ex-date: 22 May 2024, Payment date: 22 May 2024.
分析記事 • May 01Shenzhen AV-Display's (SZSE:300939) Problems Go Beyond Weak ProfitA lackluster earnings announcement from Shenzhen AV-Display Co., Ltd. ( SZSE:300939 ) last week didn't sink the stock...
お知らせ • Apr 21Shenzhen AV-Display Co., Ltd., Annual General Meeting, May 10, 2024Shenzhen AV-Display Co., Ltd., Annual General Meeting, May 10, 2024, at 14:00 China Standard Time. Location: The Company's Meeting Room, Shenzhen, Guangdong China
Reported Earnings • Apr 20First quarter 2024 earnings released: EPS: CN¥0.20 (vs CN¥0.26 in 1Q 2023)First quarter 2024 results: EPS: CN¥0.20 (down from CN¥0.26 in 1Q 2023). Revenue: CN¥224.2m (down 7.5% from 1Q 2023). Net income: CN¥24.1m (down 24% from 1Q 2023). Profit margin: 11% (down from 13% in 1Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings.
Valuation Update With 7 Day Price Move • Apr 16Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to CN¥24.18, the stock trades at a trailing P/E ratio of 23.3x. Average trailing P/E is 37x in the Electronic industry in China. Total loss to shareholders of 45% over the past three years.
Board Change • Apr 01High number of new and inexperienced directorsThere are 6 new directors who have joined the board in the last 3 years. The company's board is composed of: 6 new directors. 5 experienced directors. No highly experienced directors. Director Tiehua Wang is the most experienced director on the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.
お知らせ • Mar 30Shenzhen AV-Display Co., Ltd. to Report Q1, 2024 Results on Apr 20, 2024Shenzhen AV-Display Co., Ltd. announced that they will report Q1, 2024 results on Apr 20, 2024
お知らせ • Mar 22Shenzhen Av-Display Co., Ltd. Approves Board AppointmentsShenzhen AV-Display Co., Ltd. at its first extraordinary general meeting of 2024 held on 18 March 2024, the shareholders approved election of Chai Guangyue and Yang Yibin as independent directors; Chen Wenjian and Jian Tingxian as non-independent directors and Zheng Rong and Li Jianfeng as non-employee supervisors.
Board Change • Mar 20Less than half of directors are independentFollowing the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 3 non-independent directors. Independent Director Pingping Song was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Valuation Update With 7 Day Price Move • Mar 20Investor sentiment improves as stock rises 22%After last week's 22% share price gain to CN¥36.12, the stock trades at a trailing P/E ratio of 34.9x. Average trailing P/E is 40x in the Electronic industry in China. Total loss to shareholders of 20% over the past three years.
分析記事 • Feb 28Shenzhen AV-Display Co., Ltd.'s (SZSE:300939) Popularity With Investors Is Under Threat From OverpricingWith a median price-to-earnings (or "P/E") ratio of close to 31x in China, you could be forgiven for feeling...
Valuation Update With 7 Day Price Move • Feb 23Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CN¥27.85, the stock trades at a trailing P/E ratio of 26.9x. Average trailing P/E is 35x in the Electronic industry in China. Total loss to shareholders of 36% over the past three years.
Valuation Update With 7 Day Price Move • Feb 02Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to CN¥24.04, the stock trades at a trailing P/E ratio of 23.2x. Average trailing P/E is 34x in the Electronic industry in China. Total loss to shareholders of 51% over the past three years.
お知らせ • Jan 29Shenzhen AV-Display Co., Ltd. (SZSE:300939) announces an Equity Buyback for CNY 50 million worth of its shares.Shenzhen AV-Display Co., Ltd. (SZSE:300939) announces a share repurchase program. Under the program, the company will repurchase up to CNY 50 million worth of its shares. The shares will be repurchased at a price not more than CNY 51.52 per share. The shares repurchased will be used to implement employee stock ownership plans or equity incentives. The program will be valid for 12 months.
お知らせ • Dec 29Shenzhen AV-Display Co., Ltd. to Report Fiscal Year 2023 Results on Apr 20, 2024Shenzhen AV-Display Co., Ltd. announced that they will report fiscal year 2023 results on Apr 20, 2024
Valuation Update With 7 Day Price Move • Nov 28Investor sentiment improves as stock rises 15%After last week's 15% share price gain to CN¥42.45, the stock trades at a trailing P/E ratio of 41x. Average trailing P/E is 46x in the Electronic industry in China. Total returns to shareholders of 44% over the past year.
Reported Earnings • Oct 27Third quarter 2023 earnings released: EPS: CN¥0.23 (vs CN¥0.48 in 3Q 2022)Third quarter 2023 results: EPS: CN¥0.23 (down from CN¥0.48 in 3Q 2022). Revenue: CN¥239.7m (down 17% from 3Q 2022). Net income: CN¥28.1m (down 52% from 3Q 2022). Profit margin: 12% (down from 20% in 3Q 2022). The decrease in margin was driven by lower revenue.
Valuation Update With 7 Day Price Move • Oct 23Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to CN¥31.87, the stock trades at a trailing P/E ratio of 24.7x. Average trailing P/E is 41x in the Electronic industry in China. Negligible returns to shareholders over past year.
お知らせ • Sep 30Shenzhen AV-Display Co., Ltd. to Report Q3, 2023 Results on Oct 27, 2023Shenzhen AV-Display Co., Ltd. announced that they will report Q3, 2023 results on Oct 27, 2023
Reported Earnings • Aug 30Second quarter 2023 earnings released: EPS: CN¥0.32 (vs CN¥0.40 in 2Q 2022)Second quarter 2023 results: EPS: CN¥0.32 (down from CN¥0.40 in 2Q 2022). Revenue: CN¥260.7m (down 16% from 2Q 2022). Net income: CN¥37.6m (down 21% from 2Q 2022). Profit margin: 14% (in line with 2Q 2022).
New Risk • Jul 11New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Chinese stocks, typically moving 9.2% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (9.2% average weekly change). High level of non-cash earnings (38% accrual ratio). Minor Risk Dividend is not well covered by cash flows (114% cash payout ratio).
Valuation Update With 7 Day Price Move • Jul 10Investor sentiment improves as stock rises 23%After last week's 23% share price gain to CN¥44.31, the stock trades at a trailing P/E ratio of 32.2x. Average trailing P/E is 47x in the Electronic industry in China. Total returns to shareholders of 30% over the past year.
Reported Earnings • Apr 24Full year 2022 earnings released: EPS: CN¥1.33 (vs CN¥0.93 in FY 2021)Full year 2022 results: EPS: CN¥1.33 (up from CN¥0.93 in FY 2021). Revenue: CN¥1.10b (flat on FY 2021). Net income: CN¥159.2m (up 45% from FY 2021). Profit margin: 14% (up from 9.9% in FY 2021).
Reported Earnings • Oct 28Third quarter 2022 earnings released: EPS: CN¥0.48 (vs CN¥0.37 in 3Q 2021)Third quarter 2022 results: EPS: CN¥0.48 (up from CN¥0.37 in 3Q 2021). Revenue: CN¥289.5m (down 6.0% from 3Q 2021). Net income: CN¥58.7m (up 33% from 3Q 2021). Profit margin: 20% (up from 14% in 3Q 2021). The increase in margin was driven by lower expenses.
Valuation Update With 7 Day Price Move • Oct 17Investor sentiment improved over the past weekAfter last week's 15% share price gain to CN¥32.69, the stock trades at a trailing P/E ratio of 26.8x. Average trailing P/E is 32x in the Electronic industry in China. Total returns to shareholders of 2.9% over the past year.
Reported Earnings • Aug 21Second quarter 2022 earnings released: EPS: CN¥0.40 (vs CN¥0.22 in 2Q 2021)Second quarter 2022 results: EPS: CN¥0.40 (up from CN¥0.22 in 2Q 2021). Revenue: CN¥311.7m (up 10% from 2Q 2021). Net income: CN¥47.7m (up 81% from 2Q 2021). Profit margin: 15% (up from 9.3% in 2Q 2021). The increase in margin was driven by higher revenue.
Valuation Update With 7 Day Price Move • Aug 09Investor sentiment improved over the past weekAfter last week's 18% share price gain to CN¥40.16, the stock trades at a trailing P/E ratio of 38.5x. Average trailing P/E is 38x in the Electronic industry in China. Total returns to shareholders of 19% over the past year.
Valuation Update With 7 Day Price Move • Jun 28Investor sentiment improved over the past weekAfter last week's 17% share price gain to CN¥33.25, the stock trades at a trailing P/E ratio of 31.9x. Average trailing P/E is 35x in the Electronic industry in China. Total loss to shareholders of 9.1% over the past year.
お知らせ • May 14Shenzhen AV-Display Co., Ltd. Announces 2021 Final Profit Distribution Plan to Be Implemented on A Shares, Payable on 20 May 2022Shenzhen AV-Display Co., Ltd. announced 2021 final profit distribution plan to be implemented on A shares: Cash dividend/10 shares (tax included) is CNY 6.00000000. Record date is 19 May 2022, Ex-date is 20 May 2022 and Payment date is 20 May 2022.
お知らせ • May 12Shenzhen Av-Display Co., Ltd. Approves Cash Dividend for the Year 2021Shenzhen AV-Display Co., Ltd. approved at its AGM held on May 6, 2022 final cash dividend of CNY 6.00000000 per 10 shares (tax included) for 2021.
Reported Earnings • Apr 27First quarter 2022 earnings released: EPS: CN¥0.32 (vs CN¥0.14 in 1Q 2021)First quarter 2022 results: EPS: CN¥0.32 (up from CN¥0.14 in 1Q 2021). Revenue: CN¥254.0m (up 18% from 1Q 2021). Net income: CN¥25.9m (up 150% from 1Q 2021). Profit margin: 10% (up from 4.8% in 1Q 2021). The increase in margin was driven by higher revenue.
お知らせ • Apr 16+ 1 more updateShenzhen AV-Display Co., Ltd. Proposes Final Cash Dividend for 2021Shenzhen AV-Display Co., Ltd. proposed final cash dividend of CNY 6.00000000 per 10 shares (tax included) for 2021.
Reported Earnings • Apr 16Full year 2021 earnings released: EPS: CN¥1.40 (vs CN¥1.39 in FY 2020)Full year 2021 results: EPS: CN¥1.40 (up from CN¥1.39 in FY 2020). Revenue: CN¥1.11b (up 35% from FY 2020). Net income: CN¥109.7m (up 32% from FY 2020). Profit margin: 9.9% (in line with FY 2020).
Valuation Update With 7 Day Price Move • Jan 25Investor sentiment deteriorated over the past weekAfter last week's 23% share price decline to CN¥46.84, the stock trades at a trailing P/E ratio of 36.5x. Average trailing P/E is 42x in the Electronic industry in China.
Reported Earnings • Oct 27Third quarter 2021 earnings released: EPS CN¥0.55 (vs CN¥0.45 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: CN¥308.1m (up 36% from 3Q 2020). Net income: CN¥44.2m (up 65% from 3Q 2020). Profit margin: 14% (up from 12% in 3Q 2020). The increase in margin was driven by higher revenue.
Reported Earnings • Aug 20Second quarter 2021 earnings released: EPS CN¥0.33 (vs CN¥0.45 in 2Q 2020)The company reported a soft second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2021 results: Revenue: CN¥282.7m (up 25% from 2Q 2020). Net income: CN¥26.4m (down 1.2% from 2Q 2020). Profit margin: 9.3% (down from 12% in 2Q 2020). The decrease in margin was driven by higher expenses.
お知らせ • May 21Shenzhen AV-Display Co., Ltd., Announces Cash Dividend on its A share for the Year of 2020, Payable on 26 May 2021Shenzhen AV-Display Co., Ltd. announced cash dividend/10 shares (tax included) of CNY 5.00000000 on its A shares for the year 2020. Record date is 25 May 2021, Ex-date is 26 May 2021 and Payment date is 26 May 2021.
お知らせ • May 16Shenzhen AV-Display Co., Ltd. Approves Cash Dividend for the Year 2020Shenzhen AV-Display Co., Ltd., at the AGM held on May 12, 2021 the company approved Cash dividend/10 shares (tax included) of CNY 5.00000000 for the year 2020.
お知らせ • Mar 21Shenzhen Av-Display Co., Ltd. Announces Management ChangesShenzhen AV-Display Co., Ltd. held its 1st Extraordinary General Meeting of 2021 on 18 March 2021 board elected of non-independent directors, cumulative voting system applicable, Huang Zhiyi, Chen Wenjian, Wang Yabin, Wang Tiehua, election of independent directors, cumulative voting system applicable Zou Haiyan, Feng Qiang, Qian Keyuan, and election of shareholder supervisors, cumulative voting system applicable Chen Weijun, Yang Zhi.
Valuation Update With 7 Day Price Move • Mar 08Investor sentiment improved over the past weekAfter last week's 27% share price gain to CN¥85.60, the stock is trading at a trailing P/E ratio of 60.2x, up from the previous P/E ratio of 47.2x. This compares to an average P/E of 40x in the Electronic industry in China.