Jiangsu Smartwin Electronics TechnologyLtd（301106）株式概要江蘇スマートウィン電子科技有限公司は、その子会社とともに、中国国内および海外で液晶ディスプレイおよびディスプレイモジュールを製造・販売している。 詳細301106 ファンダメンタル分析スノーフレーク・スコア評価2/6将来の成長0/6過去の実績1/6財務の健全性4/6配当金2/6報酬株価収益率（ 32.5 x） CN市場（ 42 x）を下回っています。リスク分析高いレベルの非現金収入 利益率(7.9%)は昨年より低い(11.5%) 1.48%の配当はフリーキャッシュフローで十分にカバーされていない すべてのリスクチェックを見る301106 Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.NEW476,166 membersJoin community and earn perksGain real feedbackFrom our editorial team, personally. Not silence.Grow your followingReal investors. The kind who actually invest, not scroll past.Unlock free accessFree premium subscription for consistent and quality authors.Learn moreCreate NarrativeBLINRODA476,166 investors already sharing narrativesYour Fair ValueCN¥Current PriceCN¥16.8413.7% 割安 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture02b2016201920222025202620282031Revenue CN¥1.7bEarnings CN¥136.6mAdvancedSet Fair ValueView all narrativesJiangsu Smartwin Electronics Technology Co.,Ltd. 競合他社Hollyland (China) Electronics TechnologySymbol: SZSE:002729Market cap: CN¥2.5bJiangsu Xiehe ElectronicLtdSymbol: SHSE:605258Market cap: CN¥2.4bSenba Sensing TechnologyLtdSymbol: SZSE:300701Market cap: CN¥2.7bQijing MachinerySymbol: SHSE:603677Market cap: CN¥2.6b価格と性能株価の高値、安値、推移の概要Jiangsu Smartwin Electronics TechnologyLtd過去の株価現在の株価CN¥16.8752週高値CN¥27.7652週安値CN¥13.55ベータ0.721ヶ月の変化-7.66%3ヶ月変化-34.08%1年変化-25.71%3年間の変化-16.35%5年間の変化n/aIPOからの変化-24.23%最新ニュースValuation Update With 7 Day Price Move • Jul 13Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to CN¥16.55, the stock trades at a trailing P/E ratio of 31.9x. Average trailing P/E is 73x in the Electronic industry in China. Total loss to shareholders of 25% over the past three years.お知らせ • Jun 30Jiangsu Smartwin Electronics Technology Co.,Ltd. to Report First Half, 2026 Results on Aug 26, 2026Jiangsu Smartwin Electronics Technology Co.,Ltd. announced that they will report first half, 2026 results on Aug 26, 2026Valuation Update With 7 Day Price Move • Jun 18Investor sentiment improves as stock rises 18%After last week's 18% share price gain to CN¥23.33, the stock trades at a trailing P/E ratio of 44.9x. Average trailing P/E is 80x in the Electronic industry in China. Total returns to shareholders of 36% over the past three years.New Risk • Jun 17New 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 8.7% 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 High level of non-cash earnings (26% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (8.7% average weekly change). Profit margins are more than 30% lower than last year (7.9% net profit margin).お知らせ • May 29Jiangsu Smartwin Electronics Technology Co.,Ltd. Announces Final Profit Distribution Plan to Be Implemented on A Share for 2025, Payable on June 1, 2026Jiangsu Smartwin Electronics Technology Co.,Ltd. announced a final profit distribution plan to be implemented on A share with cash dividend of CNY 3.50000000 per 10 shares for 2025. The record date is May 29, 2026, and the payment date is June 1, 2026. The ex-date is June 1, 2026.New Risk • Apr 25New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 26% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (26% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (7.9% net profit margin).最新情報をもっと見るRecent updatesValuation Update With 7 Day Price Move • Jul 13Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to CN¥16.55, the stock trades at a trailing P/E ratio of 31.9x. Average trailing P/E is 73x in the Electronic industry in China. Total loss to shareholders of 25% over the past three years.お知らせ • Jun 30Jiangsu Smartwin Electronics Technology Co.,Ltd. to Report First Half, 2026 Results on Aug 26, 2026Jiangsu Smartwin Electronics Technology Co.,Ltd. announced that they will report first half, 2026 results on Aug 26, 2026Valuation Update With 7 Day Price Move • Jun 18Investor sentiment improves as stock rises 18%After last week's 18% share price gain to CN¥23.33, the stock trades at a trailing P/E ratio of 44.9x. Average trailing P/E is 80x in the Electronic industry in China. Total returns to shareholders of 36% over the past three years.New Risk • Jun 17New 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 8.7% 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 High level of non-cash earnings (26% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (8.7% average weekly change). Profit margins are more than 30% lower than last year (7.9% net profit margin).お知らせ • May 29Jiangsu Smartwin Electronics Technology Co.,Ltd. Announces Final Profit Distribution Plan to Be Implemented on A Share for 2025, Payable on June 1, 2026Jiangsu Smartwin Electronics Technology Co.,Ltd. announced a final profit distribution plan to be implemented on A share with cash dividend of CNY 3.50000000 per 10 shares for 2025. The record date is May 29, 2026, and the payment date is June 1, 2026. The ex-date is June 1, 2026.New Risk • Apr 25New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 26% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (26% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (7.9% net profit margin).Reported Earnings • Apr 24Full year 2025 earnings released: EPS: CN¥0.90 (vs CN¥0.94 in FY 2024)Full year 2025 results: EPS: CN¥0.90 (down from CN¥0.94 in FY 2024). Revenue: CN¥910.3m (up 10% from FY 2024). Net income: CN¥91.0m (down 4.6% from FY 2024). Profit margin: 10.0% (down from 12% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has increased by 16% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Apr 24Jiangsu Smartwin Electronics Technology Co.,Ltd., Annual General Meeting, May 15, 2026Jiangsu Smartwin Electronics Technology Co.,Ltd., Annual General Meeting, May 15, 2026, at 15:00 China Standard Time. Location: The Company's Meeting Room, Jurong, Jiangsu Chinaお知らせ • Mar 31Jiangsu Smartwin Electronics Technology Co.,Ltd. to Report Q1, 2026 Results on Apr 24, 2026Jiangsu Smartwin Electronics Technology Co.,Ltd. announced that they will report Q1, 2026 results on Apr 24, 2026Valuation Update With 7 Day Price Move • Mar 23Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to CN¥27.60, the stock trades at a trailing P/E ratio of 29.3x. Average trailing P/E is 58x in the Electronic industry in China. Total returns to shareholders of 22% over the past three years.お知らせ • Dec 31Jiangsu Smartwin Electronics Technology Co.,Ltd. to Report Fiscal Year 2025 Results on Apr 24, 2026Jiangsu Smartwin Electronics Technology Co.,Ltd. announced that they will report fiscal year 2025 results on Apr 24, 2026Reported Earnings • Oct 27Third quarter 2025 earnings released: EPS: CN¥0.24 (vs CN¥0.24 in 3Q 2024)Third quarter 2025 results: EPS: CN¥0.24 (up from CN¥0.24 in 3Q 2024). Revenue: CN¥225.0m (up 15% from 3Q 2024). Net income: CN¥24.6m (up 1.3% from 3Q 2024). Profit margin: 11% (down from 12% in 3Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 35% p.a. on average during the next 2 years, compared to a 21% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 13% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Sep 30Jiangsu Smartwin Electronics Technology Co.,Ltd. to Report Q3, 2025 Results on Oct 27, 2025Jiangsu Smartwin Electronics Technology Co.,Ltd. announced that they will report Q3, 2025 results on Oct 27, 2025Reported Earnings • Aug 29Second quarter 2025 earnings released: EPS: CN¥0.29 (vs CN¥0.32 in 2Q 2024)Second quarter 2025 results: EPS: CN¥0.29 (down from CN¥0.32 in 2Q 2024). Revenue: CN¥266.8m (up 9.2% from 2Q 2024). Net income: CN¥29.3m (down 9.1% from 2Q 2024). Profit margin: 11% (down from 13% in 2Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 33% p.a. on average during the next 2 years, compared to a 20% growth forecast for the Electronic industry in China. 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 11% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Jul 02Jiangsu Smartwin Electronics Technology Co.,Ltd. to Report First Half, 2025 Results on Aug 26, 2025Jiangsu Smartwin Electronics Technology Co.,Ltd. announced that they will report first half, 2025 results on Aug 26, 2025Declared Dividend • May 25Dividend of CN¥0.40 announcedShareholders will receive a dividend of CN¥0.40. 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 (44% earnings payout ratio) and cash flows (73% cash payout ratio). The dividend has increased by an average of 23% per year over the past 3 years. However, payments have been volatile during that time. EPS is expected to grow by 43% over the next year, which should provide support to the dividend and adequate earnings cover.Reported Earnings • Apr 19Full year 2024 earnings: EPS and revenues miss analyst expectationsFull year 2024 results: EPS: CN¥0.94 (up from CN¥0.70 in FY 2023). Revenue: CN¥825.1m (up 45% from FY 2023). Net income: CN¥95.5m (up 35% from FY 2023). Profit margin: 12% (in line with FY 2023). Revenue missed analyst estimates by 8.8%. Earnings per share (EPS) also missed analyst estimates by 25%. Revenue is forecast to grow 29% p.a. on average during the next 2 years, compared to a 17% growth forecast for the Electronic industry in China. 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 6% per year, which means it is well ahead of earnings.お知らせ • Apr 19Jiangsu Smartwin Electronics Technology Co.,Ltd. Proposes Final Cash Dividend for 2024Jiangsu Smartwin Electronics Technology Co.,Ltd. proposed final cash dividend of CNY 4.00000000 per 10 shares (tax included) for 2024.お知らせ • Apr 18Jiangsu Smartwin Electronics Technology Co.,Ltd., Annual General Meeting, May 12, 2025Jiangsu Smartwin Electronics Technology Co.,Ltd., Annual General Meeting, May 12, 2025, at 15:00 China Standard Time. Location: The Company's Meeting Room, Jurong, Jiangsu 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¥23.46, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 27x in the Electronic industry in China. Total returns to shareholders of 13% over the past three years.お知らせ • Mar 31Jiangsu Smartwin Electronics Technology Co.,Ltd. to Report Q1, 2025 Results on Apr 25, 2025Jiangsu Smartwin Electronics Technology Co.,Ltd. announced that they will report Q1, 2025 results on Apr 25, 2025New Risk • Jan 12New major risk - Financial data availabilityThe company has not reported any financial data. This is considered a major risk. With no or incomplete audited reported financial data, it is virtually impossible to assess the company's investment potential. Currently, the following risks have been identified for the company: Major Risk No financial data reported. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.お知らせ • Dec 31Jiangsu Smartwin Electronics Technology Co.,Ltd. to Report Fiscal Year 2024 Results on Apr 18, 2025Jiangsu Smartwin Electronics Technology Co.,Ltd. announced that they will report fiscal year 2024 results on Apr 18, 2025Reported Earnings • Oct 25Third quarter 2024 earnings released: EPS: CN¥0.16 (vs CN¥0.18 in 3Q 2023)Third quarter 2024 results: EPS: CN¥0.16. Revenue: CN¥195.8m (up 33% from 3Q 2023). Net income: CN¥24.3m (up 30% from 3Q 2023). Profit margin: 12% (in line with 3Q 2023). Revenue is forecast to grow 29% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Electronic industry in China.分析記事 • Oct 01Jiangsu Smartwin Electronics Technology Co.,Ltd.'s (SZSE:301106) Price Is Out Of Tune With EarningsWhen close to half the companies in China have price-to-earnings ratios (or "P/E's") below 33x, you may consider...お知らせ • Sep 30Jiangsu Smartwin Electronics Technology Co.,Ltd. to Report Q3, 2024 Results on Oct 25, 2024Jiangsu Smartwin Electronics Technology Co.,Ltd. announced that they will report Q3, 2024 results on Oct 25, 2024Valuation Update With 7 Day Price Move • Sep 30Investor sentiment improves as stock rises 22%After last week's 22% share price gain to CN¥33.85, the stock trades at a trailing P/E ratio of 40.2x. Average trailing P/E is 38x in the Electronic industry in China. Total returns to shareholders of 12% over the past year.お知らせ • Jun 29Jiangsu Smartwin Electronics Technology Co.,Ltd. to Report First Half, 2024 Results on Aug 29, 2024Jiangsu Smartwin Electronics Technology Co.,Ltd. announced that they will report first half, 2024 results on Aug 29, 2024分析記事 • Jun 01Subdued Growth No Barrier To Jiangsu Smartwin Electronics Technology Co.,Ltd. (SZSE:301106) With Shares Advancing 37%Jiangsu Smartwin Electronics Technology Co.,Ltd. ( SZSE:301106 ) shareholders have had their patience rewarded with a...Valuation Update With 7 Day Price Move • May 23Investor sentiment deteriorates as stock falls 29%After last week's 29% share price decline to CN¥25.11, the stock trades at a trailing P/E ratio of 22.5x. Average trailing P/E is 42x in the Electronic industry in China. Total loss to shareholders of 25% over the past year.分析記事 • May 22Jiangsu Smartwin Electronics TechnologyLtd (SZSE:301106) Will Pay A Smaller Dividend Than Last YearJiangsu Smartwin Electronics Technology Co.,Ltd.'s ( SZSE:301106 ) dividend is being reduced from last year's payment...Declared Dividend • May 22Dividend reduced to CN¥0.40Dividend of CN¥0.40 is 33% lower than last year. Ex-date: 24th May 2024 Payment date: 24th May 2024 Dividend yield will be 1.1%, which is lower than the industry average of 1.8%. Sustainability & Growth Dividend is covered by earnings (36% 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 15% per year over the past 2 years. However, payments have been volatile during that time. Earnings per share has grown by 5.4% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.分析記事 • May 01Jiangsu Smartwin Electronics TechnologyLtd's (SZSE:301106) Shareholders May Want To Dig Deeper Than Statutory ProfitJiangsu Smartwin Electronics Technology Co.,Ltd.'s ( SZSE:301106 ) healthy profit numbers didn't contain any surprises...Reported Earnings • Apr 11Full year 2023 earnings released: EPS: CN¥0.98 (vs CN¥1.28 in FY 2022)Full year 2023 results: EPS: CN¥0.98 (down from CN¥1.28 in FY 2022). Revenue: CN¥570.1m (down 9.9% from FY 2022). Net income: CN¥70.9m (down 22% from FY 2022). Profit margin: 12% (down from 14% in FY 2022). The decrease in margin was driven by lower revenue.お知らせ • Apr 10Jiangsu Smartwin Electronics Technology Co.,Ltd., Annual General Meeting, May 07, 2024Jiangsu Smartwin Electronics Technology Co.,Ltd., Annual General Meeting, May 07, 2024, at 15:00 China Standard Time. Location: The Company's Meeting Room, Jurong, Jiangsu Chinaお知らせ • Mar 30Jiangsu Smartwin Electronics Technology Co.,Ltd. to Report Q1, 2024 Results on Apr 25, 2024Jiangsu Smartwin Electronics Technology Co.,Ltd. announced that they will report Q1, 2024 results on Apr 25, 2024Valuation Update With 7 Day Price Move • Feb 23Investor sentiment improves as stock rises 19%After last week's 19% share price gain to CN¥32.88, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 20x in the Electronic industry in China. Total returns to shareholders of 2.8% over the past year.New Risk • Feb 07New 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 8.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (23% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (8.4% average weekly change).Valuation Update With 7 Day Price Move • Jan 29Investor sentiment improves as stock rises 17%After last week's 17% share price gain to CN¥44.31, the stock trades at a forward P/E ratio of 28x. Average forward P/E is 19x in the Electronic industry in China. Total returns to shareholders of 49% over the past year.お知らせ • Dec 29Jiangsu Smartwin Electronics Technology Co.,Ltd. to Report Fiscal Year 2023 Results on Apr 10, 2024Jiangsu Smartwin Electronics Technology Co.,Ltd. announced that they will report fiscal year 2023 results on Apr 10, 2024Reported Earnings • Oct 25Third quarter 2023 earnings released: EPS: CN¥0.26 (vs CN¥0.40 in 3Q 2022)Third quarter 2023 results: EPS: CN¥0.26 (down from CN¥0.40 in 3Q 2022). Revenue: CN¥146.9m (down 10% from 3Q 2022). Net income: CN¥18.8m (down 35% from 3Q 2022). Profit margin: 13% (down from 18% in 3Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 24% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Electronic industry in China.お知らせ • Sep 30Jiangsu Smartwin Electronics Technology Co.,Ltd. to Report Q3, 2023 Results on Oct 25, 2023Jiangsu Smartwin Electronics Technology Co.,Ltd. announced that they will report Q3, 2023 results on Oct 25, 2023New Risk • Aug 31New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 27% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (27% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (6.8% average weekly change).New Risk • Aug 09New 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 6.2% 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 Dividend is not well covered by cash flows (dividend per share is over 5x cash flows per share). Share price has been volatile over the past 3 months (6.2% average weekly change).Valuation Update With 7 Day Price Move • Jul 17Investor sentiment improves as stock rises 20%After last week's 20% share price gain to CN¥44.70, the stock trades at a trailing P/E ratio of 40x. Average trailing P/E is 48x in the Electronic industry in China. Total returns to shareholders of 39% over the past year.お知らせ • May 10Jiangsu Smartwin Electronics Technology Co.,Ltd. Announces 2022 Final Cash Profit Distribution Plan on A Shares, Payable on 16 May 2023Jiangsu Smartwin Electronics Technology Co.,Ltd. announced 2022 final profit distribution plan to be implemented (A shares) of cash of CNY 6.00000000 per 10 shares (tax included). The dividend is payable on 16 May 2023 with record date of 15 May 2023 and ex-date of 16 May 2023.Reported Earnings • Mar 29Full year 2022 earnings released: EPS: CN¥1.28 (vs CN¥1.44 in FY 2021)Full year 2022 results: EPS: CN¥1.28. Revenue: CN¥632.7m (up 12% from FY 2021). Net income: CN¥90.8m (up 16% from FY 2021). Profit margin: 14% (in line with FY 2021).Reported Earnings • Oct 26Third quarter 2022 earnings released: EPS: CN¥0.40 (vs CN¥0.40 in 3Q 2021)Third quarter 2022 results: EPS: CN¥0.40 (in line with 3Q 2021). Revenue: CN¥163.7m (up 7.7% from 3Q 2021). Net income: CN¥28.8m (up 33% from 3Q 2021). Profit margin: 18% (up from 14% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 22% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Electronic industry in China.Reported Earnings • Aug 26Second quarter 2022 earnings released: EPS: CN¥0.28 (vs CN¥0.38 in 2Q 2021)Second quarter 2022 results: EPS: CN¥0.28 (down from CN¥0.38 in 2Q 2021). Revenue: CN¥166.5m (up 14% from 2Q 2021). Net income: CN¥20.5m (flat on 2Q 2021). Profit margin: 12% (down from 14% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 36%, compared to a 25% growth forecast for the Electronic industry in China.お知らせ • Apr 28Jiangsu Smartwin Electronics Technology Co.,Ltd. Announces 2021 Final Profit Distribution Plan to Be Implemented (A Shares), Payable on 09 May 2022Jiangsu Smartwin Electronics Technology Co.,Ltd. announced 2021 final profit distribution plan to be implemented (A shares): Cash dividend/10 shares (tax included): CNY 3.00000000. Record date: 06 May 2022. Ex-date: 09 May 2022. Payment date: 09 May 2022.Reported Earnings • Apr 27First quarter 2022 earnings released: EPS: CN¥0.32 (vs CN¥0.37 in 1Q 2021)First quarter 2022 results: EPS: CN¥0.32. Revenue: CN¥144.4m (up 12% from 1Q 2021). Net income: CN¥21.3m (up 7.0% from 1Q 2021). Profit margin: 15% (in line with 1Q 2021).お知らせ • Apr 22Jiangsu Smartwin Electronics Technology Co.,Ltd. Approves Cash Dividend for 2021Jiangsu Smartwin Electronics Technology Co.,Ltd. approved cash dividend (tax included) of CNY 3.00000000 per ten shares for 2021, at its Annual General Meeting of 2021 on 20 April 2022.お知らせ • Mar 30Jiangsu Smartwin Electronics Technology Co.,Ltd. Proposes Final Cash Dividend for 2021Jiangsu Smartwin Electronics Technology Co.,Ltd. proposed final cash dividend (tax included) of CNY 3.00000000 per ten shares for 2021.Reported Earnings • Mar 29Full year 2021 earnings released: EPS: CN¥1.44 (vs CN¥1.18 in FY 2020)Full year 2021 results: EPS: CN¥1.44 (up from CN¥1.18 in FY 2020). Revenue: CN¥564.8m (up 25% from FY 2020). Net income: CN¥78.6m (up 22% from FY 2020). Profit margin: 14% (in line with FY 2020).Valuation Update With 7 Day Price Move • Mar 15Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to CN¥35.83, the stock trades at a trailing P/E ratio of 33.7x. Average trailing P/E is 36x in the Electronic industry in China.株主還元301106CN ElectronicCN 市場7D10.2%15.0%5.1%1Y-25.7%60.9%12.8%株主還元を見る業界別リターン: 301106過去 1 年間で60.9 % の収益を上げたCN Electronic業界を下回りました。リターン対市場: 301106は、過去 1 年間で12.8 % のリターンを上げたCN市場を下回りました。価格変動Is 301106's price volatile compared to industry and market?301106 volatility301106 Average Weekly Movement8.5%Electronic Industry Average Movement10.1%Market Average Movement7.4%10% most volatile stocks in CN Market12.6%10% least volatile stocks in CN Market4.4%安定した株価: 301106 、 CN市場と比較して、過去 3 か月間で大きな価格変動はありませんでした。時間の経過による変動: 301106の 週次ボラティリティ ( 8% ) は過去 1 年間安定しています。会社概要設立従業員CEO（最高経営責任者ウェブサイト19941,807Faxiang Yingwww.smartwinlcd.com江蘇Smartwin電子科技有限公司は、その子会社とともに、中国国内および海外で液晶ディスプレイおよびディスプレイモジュールを製造・販売している。TN、HTN、STN、FSTN、FFSTN、COG、COB、TABLCM製品を提供し、携帯電話、産業機器、家電製品、端末機器などの情報表示端末に使用されている。また、日本、欧州、米国、東南アジアに製品を輸出している。同社は以前はJurong Juncheng Electronics Co,Ltd.として知られていたが、2015年10月にJiangsu Smartwin Electronics Technology Co,Ltd.に社名を変更した。Jiangsu Smartwin Electronics Technology Co.,Ltd. は1994年に設立され、中国のジュロン市に本社を置いています。もっと見るJiangsu Smartwin Electronics Technology Co.,Ltd. 基礎のまとめJiangsu Smartwin Electronics TechnologyLtd の収益と売上を時価総額と比較するとどうか。301106 基礎統計学時価総額CN¥2.41b収益（TTM）CN¥74.25m売上高(TTM)CN¥935.56m32.5xPER（株価収益率2.6xP/Sレシオ301106 は割高か？公正価値と評価分析を参照収益と収入最新の決算報告書（TTM）に基づく主な収益性統計301106 損益計算書（TTM）収益CN¥935.56m売上原価CN¥775.71m売上総利益CN¥159.85mその他の費用CN¥85.60m収益CN¥74.25m直近の収益報告Mar 31, 2026次回決算日Aug 26, 2026一株当たり利益（EPS）0.52グロス・マージン17.09%純利益率7.94%有利子負債／自己資本比率7.7%301106 の長期的なパフォーマンスは？過去の実績と比較を見る配当金1.5%現在の配当利回り48%配当性向View Valuation企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/08/07 13:41終値2026/08/07 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、レポートの活用方法に関するガイドやYouTubeのチュートリアルも用意しています。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Jiangsu Smartwin Electronics Technology 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null nullCitic Securities Co., Ltd.Yi LiuCitic Securities Co., Ltd.Fan YangCitic Securities Co., Ltd.1 その他のアナリストを表示
Valuation Update With 7 Day Price Move • Jul 13Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to CN¥16.55, the stock trades at a trailing P/E ratio of 31.9x. Average trailing P/E is 73x in the Electronic industry in China. Total loss to shareholders of 25% over the past three years.
お知らせ • Jun 30Jiangsu Smartwin Electronics Technology Co.,Ltd. to Report First Half, 2026 Results on Aug 26, 2026Jiangsu Smartwin Electronics Technology Co.,Ltd. announced that they will report first half, 2026 results on Aug 26, 2026
Valuation Update With 7 Day Price Move • Jun 18Investor sentiment improves as stock rises 18%After last week's 18% share price gain to CN¥23.33, the stock trades at a trailing P/E ratio of 44.9x. Average trailing P/E is 80x in the Electronic industry in China. Total returns to shareholders of 36% over the past three years.
New Risk • Jun 17New 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 8.7% 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 High level of non-cash earnings (26% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (8.7% average weekly change). Profit margins are more than 30% lower than last year (7.9% net profit margin).
お知らせ • May 29Jiangsu Smartwin Electronics Technology Co.,Ltd. Announces Final Profit Distribution Plan to Be Implemented on A Share for 2025, Payable on June 1, 2026Jiangsu Smartwin Electronics Technology Co.,Ltd. announced a final profit distribution plan to be implemented on A share with cash dividend of CNY 3.50000000 per 10 shares for 2025. The record date is May 29, 2026, and the payment date is June 1, 2026. The ex-date is June 1, 2026.
New Risk • Apr 25New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 26% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (26% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (7.9% net profit margin).
Valuation Update With 7 Day Price Move • Jul 13Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to CN¥16.55, the stock trades at a trailing P/E ratio of 31.9x. Average trailing P/E is 73x in the Electronic industry in China. Total loss to shareholders of 25% over the past three years.
お知らせ • Jun 30Jiangsu Smartwin Electronics Technology Co.,Ltd. to Report First Half, 2026 Results on Aug 26, 2026Jiangsu Smartwin Electronics Technology Co.,Ltd. announced that they will report first half, 2026 results on Aug 26, 2026
Valuation Update With 7 Day Price Move • Jun 18Investor sentiment improves as stock rises 18%After last week's 18% share price gain to CN¥23.33, the stock trades at a trailing P/E ratio of 44.9x. Average trailing P/E is 80x in the Electronic industry in China. Total returns to shareholders of 36% over the past three years.
New Risk • Jun 17New 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 8.7% 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 High level of non-cash earnings (26% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (8.7% average weekly change). Profit margins are more than 30% lower than last year (7.9% net profit margin).
お知らせ • May 29Jiangsu Smartwin Electronics Technology Co.,Ltd. Announces Final Profit Distribution Plan to Be Implemented on A Share for 2025, Payable on June 1, 2026Jiangsu Smartwin Electronics Technology Co.,Ltd. announced a final profit distribution plan to be implemented on A share with cash dividend of CNY 3.50000000 per 10 shares for 2025. The record date is May 29, 2026, and the payment date is June 1, 2026. The ex-date is June 1, 2026.
New Risk • Apr 25New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 26% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (26% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (7.9% net profit margin).
Reported Earnings • Apr 24Full year 2025 earnings released: EPS: CN¥0.90 (vs CN¥0.94 in FY 2024)Full year 2025 results: EPS: CN¥0.90 (down from CN¥0.94 in FY 2024). Revenue: CN¥910.3m (up 10% from FY 2024). Net income: CN¥91.0m (down 4.6% from FY 2024). Profit margin: 10.0% (down from 12% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has increased by 16% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Apr 24Jiangsu Smartwin Electronics Technology Co.,Ltd., Annual General Meeting, May 15, 2026Jiangsu Smartwin Electronics Technology Co.,Ltd., Annual General Meeting, May 15, 2026, at 15:00 China Standard Time. Location: The Company's Meeting Room, Jurong, Jiangsu China
お知らせ • Mar 31Jiangsu Smartwin Electronics Technology Co.,Ltd. to Report Q1, 2026 Results on Apr 24, 2026Jiangsu Smartwin Electronics Technology Co.,Ltd. announced that they will report Q1, 2026 results on Apr 24, 2026
Valuation Update With 7 Day Price Move • Mar 23Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to CN¥27.60, the stock trades at a trailing P/E ratio of 29.3x. Average trailing P/E is 58x in the Electronic industry in China. Total returns to shareholders of 22% over the past three years.
お知らせ • Dec 31Jiangsu Smartwin Electronics Technology Co.,Ltd. to Report Fiscal Year 2025 Results on Apr 24, 2026Jiangsu Smartwin Electronics Technology Co.,Ltd. announced that they will report fiscal year 2025 results on Apr 24, 2026
Reported Earnings • Oct 27Third quarter 2025 earnings released: EPS: CN¥0.24 (vs CN¥0.24 in 3Q 2024)Third quarter 2025 results: EPS: CN¥0.24 (up from CN¥0.24 in 3Q 2024). Revenue: CN¥225.0m (up 15% from 3Q 2024). Net income: CN¥24.6m (up 1.3% from 3Q 2024). Profit margin: 11% (down from 12% in 3Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 35% p.a. on average during the next 2 years, compared to a 21% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 13% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Sep 30Jiangsu Smartwin Electronics Technology Co.,Ltd. to Report Q3, 2025 Results on Oct 27, 2025Jiangsu Smartwin Electronics Technology Co.,Ltd. announced that they will report Q3, 2025 results on Oct 27, 2025
Reported Earnings • Aug 29Second quarter 2025 earnings released: EPS: CN¥0.29 (vs CN¥0.32 in 2Q 2024)Second quarter 2025 results: EPS: CN¥0.29 (down from CN¥0.32 in 2Q 2024). Revenue: CN¥266.8m (up 9.2% from 2Q 2024). Net income: CN¥29.3m (down 9.1% from 2Q 2024). Profit margin: 11% (down from 13% in 2Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 33% p.a. on average during the next 2 years, compared to a 20% growth forecast for the Electronic industry in China. 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 11% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Jul 02Jiangsu Smartwin Electronics Technology Co.,Ltd. to Report First Half, 2025 Results on Aug 26, 2025Jiangsu Smartwin Electronics Technology Co.,Ltd. announced that they will report first half, 2025 results on Aug 26, 2025
Declared Dividend • May 25Dividend of CN¥0.40 announcedShareholders will receive a dividend of CN¥0.40. 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 (44% earnings payout ratio) and cash flows (73% cash payout ratio). The dividend has increased by an average of 23% per year over the past 3 years. However, payments have been volatile during that time. EPS is expected to grow by 43% over the next year, which should provide support to the dividend and adequate earnings cover.
Reported Earnings • Apr 19Full year 2024 earnings: EPS and revenues miss analyst expectationsFull year 2024 results: EPS: CN¥0.94 (up from CN¥0.70 in FY 2023). Revenue: CN¥825.1m (up 45% from FY 2023). Net income: CN¥95.5m (up 35% from FY 2023). Profit margin: 12% (in line with FY 2023). Revenue missed analyst estimates by 8.8%. Earnings per share (EPS) also missed analyst estimates by 25%. Revenue is forecast to grow 29% p.a. on average during the next 2 years, compared to a 17% growth forecast for the Electronic industry in China. 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 6% per year, which means it is well ahead of earnings.
お知らせ • Apr 19Jiangsu Smartwin Electronics Technology Co.,Ltd. Proposes Final Cash Dividend for 2024Jiangsu Smartwin Electronics Technology Co.,Ltd. proposed final cash dividend of CNY 4.00000000 per 10 shares (tax included) for 2024.
お知らせ • Apr 18Jiangsu Smartwin Electronics Technology Co.,Ltd., Annual General Meeting, May 12, 2025Jiangsu Smartwin Electronics Technology Co.,Ltd., Annual General Meeting, May 12, 2025, at 15:00 China Standard Time. Location: The Company's Meeting Room, Jurong, Jiangsu 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¥23.46, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 27x in the Electronic industry in China. Total returns to shareholders of 13% over the past three years.
お知らせ • Mar 31Jiangsu Smartwin Electronics Technology Co.,Ltd. to Report Q1, 2025 Results on Apr 25, 2025Jiangsu Smartwin Electronics Technology Co.,Ltd. announced that they will report Q1, 2025 results on Apr 25, 2025
New Risk • Jan 12New major risk - Financial data availabilityThe company has not reported any financial data. This is considered a major risk. With no or incomplete audited reported financial data, it is virtually impossible to assess the company's investment potential. Currently, the following risks have been identified for the company: Major Risk No financial data reported. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.
お知らせ • Dec 31Jiangsu Smartwin Electronics Technology Co.,Ltd. to Report Fiscal Year 2024 Results on Apr 18, 2025Jiangsu Smartwin Electronics Technology Co.,Ltd. announced that they will report fiscal year 2024 results on Apr 18, 2025
Reported Earnings • Oct 25Third quarter 2024 earnings released: EPS: CN¥0.16 (vs CN¥0.18 in 3Q 2023)Third quarter 2024 results: EPS: CN¥0.16. Revenue: CN¥195.8m (up 33% from 3Q 2023). Net income: CN¥24.3m (up 30% from 3Q 2023). Profit margin: 12% (in line with 3Q 2023). Revenue is forecast to grow 29% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Electronic industry in China.
分析記事 • Oct 01Jiangsu Smartwin Electronics Technology Co.,Ltd.'s (SZSE:301106) Price Is Out Of Tune With EarningsWhen close to half the companies in China have price-to-earnings ratios (or "P/E's") below 33x, you may consider...
お知らせ • Sep 30Jiangsu Smartwin Electronics Technology Co.,Ltd. to Report Q3, 2024 Results on Oct 25, 2024Jiangsu Smartwin Electronics Technology Co.,Ltd. announced that they will report Q3, 2024 results on Oct 25, 2024
Valuation Update With 7 Day Price Move • Sep 30Investor sentiment improves as stock rises 22%After last week's 22% share price gain to CN¥33.85, the stock trades at a trailing P/E ratio of 40.2x. Average trailing P/E is 38x in the Electronic industry in China. Total returns to shareholders of 12% over the past year.
お知らせ • Jun 29Jiangsu Smartwin Electronics Technology Co.,Ltd. to Report First Half, 2024 Results on Aug 29, 2024Jiangsu Smartwin Electronics Technology Co.,Ltd. announced that they will report first half, 2024 results on Aug 29, 2024
分析記事 • Jun 01Subdued Growth No Barrier To Jiangsu Smartwin Electronics Technology Co.,Ltd. (SZSE:301106) With Shares Advancing 37%Jiangsu Smartwin Electronics Technology Co.,Ltd. ( SZSE:301106 ) shareholders have had their patience rewarded with a...
Valuation Update With 7 Day Price Move • May 23Investor sentiment deteriorates as stock falls 29%After last week's 29% share price decline to CN¥25.11, the stock trades at a trailing P/E ratio of 22.5x. Average trailing P/E is 42x in the Electronic industry in China. Total loss to shareholders of 25% over the past year.
分析記事 • May 22Jiangsu Smartwin Electronics TechnologyLtd (SZSE:301106) Will Pay A Smaller Dividend Than Last YearJiangsu Smartwin Electronics Technology Co.,Ltd.'s ( SZSE:301106 ) dividend is being reduced from last year's payment...
Declared Dividend • May 22Dividend reduced to CN¥0.40Dividend of CN¥0.40 is 33% lower than last year. Ex-date: 24th May 2024 Payment date: 24th May 2024 Dividend yield will be 1.1%, which is lower than the industry average of 1.8%. Sustainability & Growth Dividend is covered by earnings (36% 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 15% per year over the past 2 years. However, payments have been volatile during that time. Earnings per share has grown by 5.4% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
分析記事 • May 01Jiangsu Smartwin Electronics TechnologyLtd's (SZSE:301106) Shareholders May Want To Dig Deeper Than Statutory ProfitJiangsu Smartwin Electronics Technology Co.,Ltd.'s ( SZSE:301106 ) healthy profit numbers didn't contain any surprises...
Reported Earnings • Apr 11Full year 2023 earnings released: EPS: CN¥0.98 (vs CN¥1.28 in FY 2022)Full year 2023 results: EPS: CN¥0.98 (down from CN¥1.28 in FY 2022). Revenue: CN¥570.1m (down 9.9% from FY 2022). Net income: CN¥70.9m (down 22% from FY 2022). Profit margin: 12% (down from 14% in FY 2022). The decrease in margin was driven by lower revenue.
お知らせ • Apr 10Jiangsu Smartwin Electronics Technology Co.,Ltd., Annual General Meeting, May 07, 2024Jiangsu Smartwin Electronics Technology Co.,Ltd., Annual General Meeting, May 07, 2024, at 15:00 China Standard Time. Location: The Company's Meeting Room, Jurong, Jiangsu China
お知らせ • Mar 30Jiangsu Smartwin Electronics Technology Co.,Ltd. to Report Q1, 2024 Results on Apr 25, 2024Jiangsu Smartwin Electronics Technology Co.,Ltd. announced that they will report Q1, 2024 results on Apr 25, 2024
Valuation Update With 7 Day Price Move • Feb 23Investor sentiment improves as stock rises 19%After last week's 19% share price gain to CN¥32.88, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 20x in the Electronic industry in China. Total returns to shareholders of 2.8% over the past year.
New Risk • Feb 07New 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 8.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (23% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (8.4% average weekly change).
Valuation Update With 7 Day Price Move • Jan 29Investor sentiment improves as stock rises 17%After last week's 17% share price gain to CN¥44.31, the stock trades at a forward P/E ratio of 28x. Average forward P/E is 19x in the Electronic industry in China. Total returns to shareholders of 49% over the past year.
お知らせ • Dec 29Jiangsu Smartwin Electronics Technology Co.,Ltd. to Report Fiscal Year 2023 Results on Apr 10, 2024Jiangsu Smartwin Electronics Technology Co.,Ltd. announced that they will report fiscal year 2023 results on Apr 10, 2024
Reported Earnings • Oct 25Third quarter 2023 earnings released: EPS: CN¥0.26 (vs CN¥0.40 in 3Q 2022)Third quarter 2023 results: EPS: CN¥0.26 (down from CN¥0.40 in 3Q 2022). Revenue: CN¥146.9m (down 10% from 3Q 2022). Net income: CN¥18.8m (down 35% from 3Q 2022). Profit margin: 13% (down from 18% in 3Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 24% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Electronic industry in China.
お知らせ • Sep 30Jiangsu Smartwin Electronics Technology Co.,Ltd. to Report Q3, 2023 Results on Oct 25, 2023Jiangsu Smartwin Electronics Technology Co.,Ltd. announced that they will report Q3, 2023 results on Oct 25, 2023
New Risk • Aug 31New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 27% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (27% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (6.8% average weekly change).
New Risk • Aug 09New 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 6.2% 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 Dividend is not well covered by cash flows (dividend per share is over 5x cash flows per share). Share price has been volatile over the past 3 months (6.2% average weekly change).
Valuation Update With 7 Day Price Move • Jul 17Investor sentiment improves as stock rises 20%After last week's 20% share price gain to CN¥44.70, the stock trades at a trailing P/E ratio of 40x. Average trailing P/E is 48x in the Electronic industry in China. Total returns to shareholders of 39% over the past year.
お知らせ • May 10Jiangsu Smartwin Electronics Technology Co.,Ltd. Announces 2022 Final Cash Profit Distribution Plan on A Shares, Payable on 16 May 2023Jiangsu Smartwin Electronics Technology Co.,Ltd. announced 2022 final profit distribution plan to be implemented (A shares) of cash of CNY 6.00000000 per 10 shares (tax included). The dividend is payable on 16 May 2023 with record date of 15 May 2023 and ex-date of 16 May 2023.
Reported Earnings • Mar 29Full year 2022 earnings released: EPS: CN¥1.28 (vs CN¥1.44 in FY 2021)Full year 2022 results: EPS: CN¥1.28. Revenue: CN¥632.7m (up 12% from FY 2021). Net income: CN¥90.8m (up 16% from FY 2021). Profit margin: 14% (in line with FY 2021).
Reported Earnings • Oct 26Third quarter 2022 earnings released: EPS: CN¥0.40 (vs CN¥0.40 in 3Q 2021)Third quarter 2022 results: EPS: CN¥0.40 (in line with 3Q 2021). Revenue: CN¥163.7m (up 7.7% from 3Q 2021). Net income: CN¥28.8m (up 33% from 3Q 2021). Profit margin: 18% (up from 14% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 22% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Electronic industry in China.
Reported Earnings • Aug 26Second quarter 2022 earnings released: EPS: CN¥0.28 (vs CN¥0.38 in 2Q 2021)Second quarter 2022 results: EPS: CN¥0.28 (down from CN¥0.38 in 2Q 2021). Revenue: CN¥166.5m (up 14% from 2Q 2021). Net income: CN¥20.5m (flat on 2Q 2021). Profit margin: 12% (down from 14% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 36%, compared to a 25% growth forecast for the Electronic industry in China.
お知らせ • Apr 28Jiangsu Smartwin Electronics Technology Co.,Ltd. Announces 2021 Final Profit Distribution Plan to Be Implemented (A Shares), Payable on 09 May 2022Jiangsu Smartwin Electronics Technology Co.,Ltd. announced 2021 final profit distribution plan to be implemented (A shares): Cash dividend/10 shares (tax included): CNY 3.00000000. Record date: 06 May 2022. Ex-date: 09 May 2022. Payment date: 09 May 2022.
Reported Earnings • Apr 27First quarter 2022 earnings released: EPS: CN¥0.32 (vs CN¥0.37 in 1Q 2021)First quarter 2022 results: EPS: CN¥0.32. Revenue: CN¥144.4m (up 12% from 1Q 2021). Net income: CN¥21.3m (up 7.0% from 1Q 2021). Profit margin: 15% (in line with 1Q 2021).
お知らせ • Apr 22Jiangsu Smartwin Electronics Technology Co.,Ltd. Approves Cash Dividend for 2021Jiangsu Smartwin Electronics Technology Co.,Ltd. approved cash dividend (tax included) of CNY 3.00000000 per ten shares for 2021, at its Annual General Meeting of 2021 on 20 April 2022.
お知らせ • Mar 30Jiangsu Smartwin Electronics Technology Co.,Ltd. Proposes Final Cash Dividend for 2021Jiangsu Smartwin Electronics Technology Co.,Ltd. proposed final cash dividend (tax included) of CNY 3.00000000 per ten shares for 2021.
Reported Earnings • Mar 29Full year 2021 earnings released: EPS: CN¥1.44 (vs CN¥1.18 in FY 2020)Full year 2021 results: EPS: CN¥1.44 (up from CN¥1.18 in FY 2020). Revenue: CN¥564.8m (up 25% from FY 2020). Net income: CN¥78.6m (up 22% from FY 2020). Profit margin: 14% (in line with FY 2020).
Valuation Update With 7 Day Price Move • Mar 15Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to CN¥35.83, the stock trades at a trailing P/E ratio of 33.7x. Average trailing P/E is 36x in the Electronic industry in China.
