Techshine ElectronicsLtd（301379）株式概要Techshine Electronics Co.Ltd.は、中国でLCD液晶ディスプレイ、LCM白黒モジュール、TFTカラースクリーンモジュールの研究開発、設計、生産、販売を行っています。 詳細301379 ファンダメンタル分析スノーフレーク・スコア評価1/6将来の成長0/6過去の実績2/6財務の健全性5/6配当金1/6リスク分析CN市場と比較して、過去 3 か月間の株価の変動が非常に大きい利益率(6.9%)は昨年より低い(10.2%) すべてのリスクチェックを見る301379 Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.NEW487,274 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 NarrativeBLINROAG487,274 investors already sharing narrativesYour Fair ValueCN¥Current PriceCN¥36.9758.0% 割高 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture02b2016201920222025202620282031Revenue CN¥1.8bEarnings CN¥125.8mAdvancedSet Fair ValueView all narrativesTechshine Electronics Co.,Ltd. 競合他社Jiaxing ZMAX OptechSymbol: SHSE:688307Market cap: CN¥8.8bWenzhou Hongfeng Electrical AlloySymbol: SZSE:300283Market cap: CN¥8.9bJi'an Mankun TechnologySymbol: SZSE:301132Market cap: CN¥6.5bSihui Fuji Electronics TechnologySymbol: SZSE:300852Market cap: CN¥9.5b価格と性能株価の高値、安値、推移の概要Techshine ElectronicsLtd過去の株価現在の株価CN¥36.9752週高値CN¥37.4452週安値CN¥16.13ベータ1.11ヶ月の変化52.27%3ヶ月変化102.58%1年変化94.87%3年間の変化237.14%5年間の変化n/aIPOからの変化216.03%最新ニュースValuation Update With 7 Day Price Move • Jul 03Investor sentiment improves as stock rises 29%After last week's 29% share price gain to CN¥32.16, the stock trades at a trailing P/E ratio of 70x. Average trailing P/E is 78x in the Electronic industry in China. Total returns to shareholders of 224% over the past three years.お知らせ • Jul 01Techshine Electronics Co.,Ltd. to Report First Half, 2026 Results on Aug 29, 2026Techshine Electronics Co.,Ltd. announced that they will report first half, 2026 results on Aug 29, 2026Valuation Update With 7 Day Price Move • Jun 04Investor sentiment improves as stock rises 17%After last week's 17% share price gain to CN¥37.70, the stock trades at a trailing P/E ratio of 58.6x. Average trailing P/E is 74x in the Electronic industry in China. Total returns to shareholders of 181% over the past three years.Board Change • Jun 01Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 8 experienced directors. No highly experienced directors. Non-Employee Supervisor Yujuan Lao was the last director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.Declared Dividend • May 30Dividend of CN¥0.20 announcedShareholders will receive a dividend of CN¥0.20. Ex-date: 5th June 2026 Payment date: 5th June 2026 Dividend yield will be 0.7%, which is lower than the industry average of 1.8%. Sustainability & Growth Dividend is covered by earnings (31% 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 36 years, indicating a lack of growth and stability in payments. Earnings per share has grown by 15% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.New Risk • May 19New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 9.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (9.8% average weekly change). Profit margins are more than 30% lower than last year (6.9% net profit margin).最新情報をもっと見るRecent updatesValuation Update With 7 Day Price Move • Jul 03Investor sentiment improves as stock rises 29%After last week's 29% share price gain to CN¥32.16, the stock trades at a trailing P/E ratio of 70x. Average trailing P/E is 78x in the Electronic industry in China. Total returns to shareholders of 224% over the past three years.お知らせ • Jul 01Techshine Electronics Co.,Ltd. to Report First Half, 2026 Results on Aug 29, 2026Techshine Electronics Co.,Ltd. announced that they will report first half, 2026 results on Aug 29, 2026Valuation Update With 7 Day Price Move • Jun 04Investor sentiment improves as stock rises 17%After last week's 17% share price gain to CN¥37.70, the stock trades at a trailing P/E ratio of 58.6x. Average trailing P/E is 74x in the Electronic industry in China. Total returns to shareholders of 181% over the past three years.Board Change • Jun 01Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 8 experienced directors. No highly experienced directors. Non-Employee Supervisor Yujuan Lao was the last director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.Declared Dividend • May 30Dividend of CN¥0.20 announcedShareholders will receive a dividend of CN¥0.20. Ex-date: 5th June 2026 Payment date: 5th June 2026 Dividend yield will be 0.7%, which is lower than the industry average of 1.8%. Sustainability & Growth Dividend is covered by earnings (31% 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 36 years, indicating a lack of growth and stability in payments. Earnings per share has grown by 15% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.New Risk • May 19New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 9.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (9.8% average weekly change). Profit margins are more than 30% lower than last year (6.9% net profit margin).Valuation Update With 7 Day Price Move • May 19Investor sentiment improves as stock rises 32%After last week's 32% share price gain to CN¥37.66, the stock trades at a trailing P/E ratio of 58.5x. Average trailing P/E is 74x in the Electronic industry in China. Total returns to shareholders of 185% over the past three years.New Risk • Apr 28New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 6.9% Last year net profit margin: 10% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (6.9% net profit margin).Reported Earnings • Apr 27Full year 2025 earnings released: EPS: CN¥0.73 (vs CN¥0.76 in FY 2024)Full year 2025 results: EPS: CN¥0.73 (down from CN¥0.76 in FY 2024). Revenue: CN¥1.79b (up 21% from FY 2024). Net income: CN¥142.0m (down 5.6% from FY 2024). Profit margin: 7.9% (down from 10% in FY 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 31% p.a. on average during the next 2 years, compared to a 23% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has increased by 27% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Apr 27Techshine Electronics Co.,Ltd., Annual General Meeting, May 22, 2026Techshine Electronics Co.,Ltd., Annual General Meeting, May 22, 2026, at 14:30 China Standard Time. Location: 18F, Building 1, Qianhai Science and Technology Park, Xixiang Subdistrict, Bao'an District, Shenzhen, Guangdong Chinaお知らせ • Mar 31Techshine Electronics Co.,Ltd. to Report Q1, 2026 Results on Apr 27, 2026Techshine Electronics Co.,Ltd. announced that they will report Q1, 2026 results on Apr 27, 2026お知らせ • Dec 31Techshine Electronics Co.,Ltd. to Report Fiscal Year 2025 Results on Apr 27, 2026Techshine Electronics Co.,Ltd. announced that they will report fiscal year 2025 results on Apr 27, 2026New Risk • Nov 12New 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 9.4% 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 (9.4% average weekly change). High level of non-cash earnings (37% accrual ratio). Minor Risk Paying a dividend despite having no free cash flows.Reported Earnings • Oct 29Third quarter 2025 earnings released: EPS: CN¥0.20 (vs CN¥0.20 in 3Q 2024)Third quarter 2025 results: EPS: CN¥0.20 (down from CN¥0.20 in 3Q 2024). Revenue: CN¥482.7m (up 21% from 3Q 2024). Net income: CN¥38.0m (down 4.8% from 3Q 2024). Profit margin: 7.9% (down from 10.0% in 3Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 30% p.a. on average during the next 3 years, compared to a 22% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has increased by 22% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Sep 30Techshine Electronics Co.,Ltd. to Report Q3, 2025 Results on Oct 29, 2025Techshine Electronics Co.,Ltd. announced that they will report Q3, 2025 results on Oct 29, 2025Valuation Update With 7 Day Price Move • Sep 19Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CN¥29.54, the stock trades at a trailing P/E ratio of 35.9x. Average trailing P/E is 62x in the Electronic industry in China. Total returns to shareholders of 168% over the past year.New Risk • Sep 02New 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 6.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: 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 (6.8% average weekly change).お知らせ • Jul 02Techshine Electronics Co.,Ltd. to Report First Half, 2025 Results on Aug 28, 2025Techshine Electronics Co.,Ltd. announced that they will report first half, 2025 results on Aug 28, 2025Valuation Update With 7 Day Price Move • Jun 22Investor sentiment improves as stock rises 21%After last week's 21% share price gain to CN¥26.50, the stock trades at a trailing P/E ratio of 31.9x. Average trailing P/E is 47x in the Electronic industry in China. Total returns to shareholders of 110% over the past year.Declared Dividend • May 31Dividend of CN¥0.40 announcedShareholders will receive a dividend of CN¥0.40. Ex-date: 5th June 2025 Payment date: 5th June 2025 Dividend yield will be 1.5%, which is lower than the industry average of 1.8%. Sustainability & Growth Dividend is covered by earnings (35% 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 26 years, indicating a lack of growth and stability in payments. Earnings per share has grown by 26% 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 27Techshine Electronics Co.,Ltd. Approves Cash Dividend for 2024Techshine Electronics Co.,Ltd. at its Annual General Meeting of 2024 on 23 May 2025, approved Cash dividend (tax included): CNY 4.00000000 per ten shares for 2024.New Risk • May 02New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 23% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (11% average weekly change). High level of non-cash earnings (23% accrual ratio). Minor Risk Paying a dividend despite having no free cash flows.お知らせ • Apr 23Techshine Electronics Co.,Ltd. Proposes Final Cash Dividend for 2024Techshine Electronics Co.,Ltd. proposed final cash dividend of CNY 4.00000000 per 10 shares (tax included) for 2024.お知らせ • Apr 22Techshine Electronics Co.,Ltd., Annual General Meeting, May 23, 2025Techshine Electronics Co.,Ltd., Annual General Meeting, May 23, 2025, at 14:30 China Standard Time. Location: 18F, Building 1, Qianhai Science and Technology Park, Xixiang Subdistrict, Bao'an District, Shenzhen, Guangdong ChinaValuation Update With 7 Day Price Move • Apr 07Investor sentiment deteriorates as stock falls 23%After last week's 23% share price decline to CN¥22.18, the stock trades at a trailing P/E ratio of 20.9x. Average trailing P/E is 48x in the Electronic industry in China. Total returns to shareholders of 37% over the past year.お知らせ • Mar 31Techshine Electronics Co.,Ltd. to Report Q1, 2025 Results on Apr 28, 2025Techshine Electronics Co.,Ltd. announced that they will report Q1, 2025 results on Apr 28, 2025New Risk • Mar 10New 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 8.2% 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 (116% cash payout ratio). Share price has been volatile over the past 3 months (8.2% average weekly change).Valuation Update With 7 Day Price Move • Mar 07Investor sentiment improves as stock rises 24%After last week's 24% share price gain to CN¥30.99, the stock trades at a trailing P/E ratio of 29.2x. Average trailing P/E is 53x in the Electronic industry in China. Total returns to shareholders of 94% over the past year.分析記事 • Mar 06Techshine Electronics Co.,Ltd.'s (SZSE:301379) Shares Bounce 27% But Its Business Still Trails The MarketDespite an already strong run, Techshine Electronics Co.,Ltd. ( SZSE:301379 ) shares have been powering on, with a gain...Reported Earnings • Feb 27Full year 2024 earnings released: EPS: CN¥1.06 (vs CN¥0.76 in FY 2023)Full year 2024 results: EPS: CN¥1.06 (up from CN¥0.76 in FY 2023). Revenue: CN¥1.48b (up 17% from FY 2023). Net income: CN¥150.4m (up 40% from FY 2023). Profit margin: 10% (up from 8.5% in FY 2023). The increase in margin was driven by higher revenue.分析記事 • Feb 17Does Techshine ElectronicsLtd (SZSE:301379) Deserve A Spot On Your Watchlist?It's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story...Valuation Update With 7 Day Price Move • Feb 11Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CN¥24.35, the stock trades at a trailing P/E ratio of 27.6x. Average trailing P/E is 50x in the Electronic industry in China. Total returns to shareholders of 89% over the past year.Valuation Update With 7 Day Price Move • Jan 20Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CN¥21.96, the stock trades at a trailing P/E ratio of 24.9x. Average trailing P/E is 46x in the Electronic industry in China. Total returns to shareholders of 31% over the past year.お知らせ • Dec 31Techshine Electronics Co.,Ltd. to Report Fiscal Year 2024 Results on Apr 22, 2025Techshine Electronics Co.,Ltd. announced that they will report fiscal year 2024 results on Apr 22, 2025分析記事 • Nov 05Investors Shouldn't Be Too Comfortable With Techshine ElectronicsLtd's (SZSE:301379) EarningsTechshine Electronics Co.,Ltd.'s ( SZSE:301379 ) robust earnings report didn't manage to move the market for its stock...New Risk • Nov 01New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 25% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by cash flows (116% cash payout ratio). Large one-off items impacting financial results.Reported Earnings • Oct 29Third quarter 2024 earnings released: EPS: CN¥0.28 (vs CN¥0.18 in 3Q 2023)Third quarter 2024 results: EPS: CN¥0.28 (up from CN¥0.18 in 3Q 2023). Revenue: CN¥398.2m (up 24% from 3Q 2023). Net income: CN¥39.9m (up 59% from 3Q 2023). Profit margin: 10.0% (up from 7.9% in 3Q 2023). The increase in margin was driven by higher revenue.Valuation Update With 7 Day Price Move • Oct 15Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to CN¥18.55, the stock trades at a trailing P/E ratio of 23.8x. Average trailing P/E is 41x in the Electronic industry in China. Total loss to shareholders of 14% over the past year.お知らせ • Sep 30Techshine Electronics Co.,Ltd. to Report Q3, 2024 Results on Oct 29, 2024Techshine Electronics Co.,Ltd. announced that they will report Q3, 2024 results on Oct 29, 2024Valuation Update With 7 Day Price Move • Sep 30Investor sentiment improves as stock rises 27%After last week's 27% share price gain to CN¥19.71, the stock trades at a trailing P/E ratio of 25.3x. Average trailing P/E is 38x in the Electronic industry in China. Total loss to shareholders of 12% over the past year.分析記事 • Sep 30The Returns On Capital At Techshine ElectronicsLtd (SZSE:301379) Don't Inspire ConfidenceIf you're looking for a multi-bagger, there's a few things to keep an eye out for. In a perfect world, we'd like to see...New Risk • Sep 21New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 23% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Paying a dividend despite having no free cash flows. Large one-off items impacting financial results.New Risk • Aug 15New 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 7.0% 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 (32% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (7.0% average weekly change).お知らせ • Jun 29Techshine Electronics Co.,Ltd. to Report First Half, 2024 Results on Aug 30, 2024Techshine Electronics Co.,Ltd. announced that they will report first half, 2024 results on Aug 30, 2024分析記事 • Jun 16Techshine ElectronicsLtd's (SZSE:301379) Dividend Will Be Reduced To CN¥0.40Techshine Electronics Co.,Ltd.'s ( SZSE:301379 ) dividend is being reduced from last year's payment covering the same...Declared Dividend • Jun 15Dividend reduced to CN¥0.40Dividend of CN¥0.40 is 33% lower than last year. Ex-date: 18th June 2024 Payment date: 18th June 2024 Dividend yield will be 1.5%, which is lower than the industry average of 1.8%. Sustainability & Growth Dividend is covered by earnings (38% 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 company is yet to establish a track record of dividend growth or stability as it hasn't paid a regular dividend for at least 2 years. Earnings per share has grown by 18% 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 26Techshine Electronics Co.,Ltd. Approves Cash Dividend for the Year 2023Techshine Electronics Co.,Ltd. at its AGM held on May 23, 2024, approved the cash dividend/10 shares (tax included): CNY 4.00000000 for the year 2023.分析記事 • May 06Earnings Troubles May Signal Larger Issues for Techshine ElectronicsLtd (SZSE:301379) ShareholdersTechshine Electronics Co.,Ltd.'s ( SZSE:301379 ) recent weak earnings report didn't cause a big stock movement. Our...お知らせ • Apr 27Techshine Electronics Co.,Ltd. Proposes Final Cash Dividend for the Year 2023Techshine Electronics Co.,Ltd. proposed final cash dividend of CNY 4.0000000 per ten shares (tax included) for the year 2023.お知らせ • Apr 26Techshine Electronics Co.,Ltd., Annual General Meeting, May 23, 2024Techshine Electronics Co.,Ltd., Annual General Meeting, May 23, 2024, at 14:30 China Standard Time. Location: The Company's Meeting Room, Shenzhen, Guangdong ChinaReported Earnings • Apr 25Full year 2023 earnings released: EPS: CN¥1.06 (vs CN¥1.48 in FY 2022)Full year 2023 results: EPS: CN¥1.06 (down from CN¥1.48 in FY 2022). Revenue: CN¥1.27b (up 2.7% from FY 2022). Net income: CN¥107.4m (down 9.2% from FY 2022). Profit margin: 8.5% (down from 9.6% in FY 2022). The decrease in margin was driven by higher expenses.分析記事 • Apr 01Techshine ElectronicsLtd (SZSE:301379) Might Be Having Difficulty Using Its Capital EffectivelyIf you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...お知らせ • Mar 30Techshine Electronics Co.,Ltd. to Report Q1, 2024 Results on Apr 29, 2024Techshine Electronics Co.,Ltd. announced that they will report Q1, 2024 results on Apr 29, 2024New Risk • Feb 08New 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 7.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (25% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (7.8% average weekly change).Valuation Update With 7 Day Price Move • Feb 01Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to CN¥20.75, the stock trades at a trailing P/E ratio of 18.9x. Average trailing P/E is 34x in the Electronic industry in China. Total loss to shareholders of 25% over the past year.お知らせ • Dec 30Techshine Electronics Co.,Ltd. to Report Fiscal Year 2023 Results on Apr 25, 2024Techshine Electronics Co.,Ltd. announced that they will report fiscal year 2023 results on Apr 25, 2024Reported Earnings • Oct 26Third quarter 2023 earnings releasedThird quarter 2023 results: EPS: CN¥0.25. Net income: CN¥25.2m (up CN¥25.2m from 3Q 2022).Buying Opportunity • Oct 18Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 33%. The fair value is estimated to be CN¥38.76, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.4% over the last year. Earnings per share has declined by 4.8%.Buying Opportunity • Sep 26Now 20% undervaluedOver the last 90 days, the stock is up 16%. The fair value is estimated to be CN¥38.56, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.4% over the last year. Earnings per share has declined by 4.8%.New Risk • Aug 29New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 22% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (11% average weekly change). High level of non-cash earnings (22% accrual ratio). Minor Risk Dividend is not well covered by cash flows (dividend per share is over 7x cash flows per share).Reported Earnings • Aug 29Second quarter 2023 earnings releasedSecond quarter 2023 results: EPS: CN¥0.35. Net income: CN¥35.4m (up CN¥35.4m from 2Q 2022).New Risk • Jul 15New 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 7.4% 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: Minor Risks Dividend is not well covered by cash flows (95% cash payout ratio). Share price has been volatile over the past 3 months (7.4% average weekly change).Valuation Update With 7 Day Price Move • Jul 14Investor sentiment improves as stock rises 28%After last week's 28% share price gain to CN¥36.11, the stock trades at a trailing P/E ratio of 29.9x. Average trailing P/E is 47x in the Electronic industry in China.New Risk • Jun 08New minor risk - Dividend sustainabilityThe dividend is not well covered by cash flows. Cash payout ratio: 95% Dividend yield: 2.2% 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. This is currently the only risk that has been identified for the company.お知らせ • Jun 03Techshine Electronics Co.,Ltd. Announces Final Cash Dividend for the Year 2022, Payable on 09 June 2023Techshine Electronics Co.,Ltd. announced a final cash dividend of CNY 6.00 (tax included) per 10 A shares for the year 2022. Record date is 08 June 2023, Ex-date is 09 June 2023, Payment date is 09 June 2023.Board Change • Nov 16No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. No highly experienced directors. No independent directors (3 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.株主還元301379CN ElectronicCN 市場7D37.9%-11.1%-6.1%1Y94.9%92.5%21.5%株主還元を見る業界別リターン: 301379過去 1 年間で92.5 % の収益を上げたCN Electronic業界を上回りました。リターン対市場: 301379過去 1 年間で21.5 % の収益を上げたCN市場を上回りました。価格変動Is 301379's price volatile compared to industry and market?301379 volatility301379 Average Weekly Movement15.0%Electronic Industry Average Movement9.1%Market Average Movement6.8%10% most volatile stocks in CN Market11.1%10% least volatile stocks in CN Market4.1%安定した株価: 301379の株価は、 CN市場と比較して過去 3 か月間で変動しています。時間の経過による変動: 301379の 週次ボラティリティ は、過去 1 年間で10%から15%に増加しました。会社概要設立従業員CEO（最高経営責任者ウェブサイト20052,694Siwei Wangwww.techshine.com.cnTechshine Electronics Co Ltd.は、中国でLCD液晶ディスプレイ、LCM白黒モジュール、TFTカラースクリーンモジュールの研究開発、設計、生産、販売を行っている。同社は2005年に設立され、中国の欽州に拠点を置いている。もっと見るTechshine Electronics Co.,Ltd. 基礎のまとめTechshine ElectronicsLtd の収益と売上を時価総額と比較するとどうか。301379 基礎統計学時価総額CN¥10.12b収益（TTM）CN¥125.84m売上高(TTM)CN¥1.82b80.5xPER（株価収益率5.6xP/Sレシオ301379 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301379 損益計算書（TTM）収益CN¥1.82b売上原価CN¥1.49b売上総利益CN¥323.64mその他の費用CN¥197.79m収益CN¥125.84m直近の収益報告Mar 31, 2026次回決算日Aug 29, 2026一株当たり利益（EPS）0.46グロス・マージン17.82%純利益率6.93%有利子負債／自己資本比率10.4%301379 の長期的なパフォーマンスは？過去の実績と比較を見る配当金0.4%現在の配当利回り31%配当性向View Valuation企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/07/09 23:01終値2026/07/09 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Techshine Electronics 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。1 アナリスト機関Fang WangZhongtai Securities Co. Ltd.
Valuation Update With 7 Day Price Move • Jul 03Investor sentiment improves as stock rises 29%After last week's 29% share price gain to CN¥32.16, the stock trades at a trailing P/E ratio of 70x. Average trailing P/E is 78x in the Electronic industry in China. Total returns to shareholders of 224% over the past three years.
お知らせ • Jul 01Techshine Electronics Co.,Ltd. to Report First Half, 2026 Results on Aug 29, 2026Techshine Electronics Co.,Ltd. announced that they will report first half, 2026 results on Aug 29, 2026
Valuation Update With 7 Day Price Move • Jun 04Investor sentiment improves as stock rises 17%After last week's 17% share price gain to CN¥37.70, the stock trades at a trailing P/E ratio of 58.6x. Average trailing P/E is 74x in the Electronic industry in China. Total returns to shareholders of 181% over the past three years.
Board Change • Jun 01Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 8 experienced directors. No highly experienced directors. Non-Employee Supervisor Yujuan Lao was the last director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.
Declared Dividend • May 30Dividend of CN¥0.20 announcedShareholders will receive a dividend of CN¥0.20. Ex-date: 5th June 2026 Payment date: 5th June 2026 Dividend yield will be 0.7%, which is lower than the industry average of 1.8%. Sustainability & Growth Dividend is covered by earnings (31% 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 36 years, indicating a lack of growth and stability in payments. Earnings per share has grown by 15% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
New Risk • May 19New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 9.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (9.8% average weekly change). Profit margins are more than 30% lower than last year (6.9% net profit margin).
Valuation Update With 7 Day Price Move • Jul 03Investor sentiment improves as stock rises 29%After last week's 29% share price gain to CN¥32.16, the stock trades at a trailing P/E ratio of 70x. Average trailing P/E is 78x in the Electronic industry in China. Total returns to shareholders of 224% over the past three years.
お知らせ • Jul 01Techshine Electronics Co.,Ltd. to Report First Half, 2026 Results on Aug 29, 2026Techshine Electronics Co.,Ltd. announced that they will report first half, 2026 results on Aug 29, 2026
Valuation Update With 7 Day Price Move • Jun 04Investor sentiment improves as stock rises 17%After last week's 17% share price gain to CN¥37.70, the stock trades at a trailing P/E ratio of 58.6x. Average trailing P/E is 74x in the Electronic industry in China. Total returns to shareholders of 181% over the past three years.
Board Change • Jun 01Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 8 experienced directors. No highly experienced directors. Non-Employee Supervisor Yujuan Lao was the last director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.
Declared Dividend • May 30Dividend of CN¥0.20 announcedShareholders will receive a dividend of CN¥0.20. Ex-date: 5th June 2026 Payment date: 5th June 2026 Dividend yield will be 0.7%, which is lower than the industry average of 1.8%. Sustainability & Growth Dividend is covered by earnings (31% 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 36 years, indicating a lack of growth and stability in payments. Earnings per share has grown by 15% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
New Risk • May 19New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 9.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (9.8% average weekly change). Profit margins are more than 30% lower than last year (6.9% net profit margin).
Valuation Update With 7 Day Price Move • May 19Investor sentiment improves as stock rises 32%After last week's 32% share price gain to CN¥37.66, the stock trades at a trailing P/E ratio of 58.5x. Average trailing P/E is 74x in the Electronic industry in China. Total returns to shareholders of 185% over the past three years.
New Risk • Apr 28New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 6.9% Last year net profit margin: 10% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (6.9% net profit margin).
Reported Earnings • Apr 27Full year 2025 earnings released: EPS: CN¥0.73 (vs CN¥0.76 in FY 2024)Full year 2025 results: EPS: CN¥0.73 (down from CN¥0.76 in FY 2024). Revenue: CN¥1.79b (up 21% from FY 2024). Net income: CN¥142.0m (down 5.6% from FY 2024). Profit margin: 7.9% (down from 10% in FY 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 31% p.a. on average during the next 2 years, compared to a 23% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has increased by 27% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Apr 27Techshine Electronics Co.,Ltd., Annual General Meeting, May 22, 2026Techshine Electronics Co.,Ltd., Annual General Meeting, May 22, 2026, at 14:30 China Standard Time. Location: 18F, Building 1, Qianhai Science and Technology Park, Xixiang Subdistrict, Bao'an District, Shenzhen, Guangdong China
お知らせ • Mar 31Techshine Electronics Co.,Ltd. to Report Q1, 2026 Results on Apr 27, 2026Techshine Electronics Co.,Ltd. announced that they will report Q1, 2026 results on Apr 27, 2026
お知らせ • Dec 31Techshine Electronics Co.,Ltd. to Report Fiscal Year 2025 Results on Apr 27, 2026Techshine Electronics Co.,Ltd. announced that they will report fiscal year 2025 results on Apr 27, 2026
New Risk • Nov 12New 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 9.4% 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 (9.4% average weekly change). High level of non-cash earnings (37% accrual ratio). Minor Risk Paying a dividend despite having no free cash flows.
Reported Earnings • Oct 29Third quarter 2025 earnings released: EPS: CN¥0.20 (vs CN¥0.20 in 3Q 2024)Third quarter 2025 results: EPS: CN¥0.20 (down from CN¥0.20 in 3Q 2024). Revenue: CN¥482.7m (up 21% from 3Q 2024). Net income: CN¥38.0m (down 4.8% from 3Q 2024). Profit margin: 7.9% (down from 10.0% in 3Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 30% p.a. on average during the next 3 years, compared to a 22% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has increased by 22% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Sep 30Techshine Electronics Co.,Ltd. to Report Q3, 2025 Results on Oct 29, 2025Techshine Electronics Co.,Ltd. announced that they will report Q3, 2025 results on Oct 29, 2025
Valuation Update With 7 Day Price Move • Sep 19Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CN¥29.54, the stock trades at a trailing P/E ratio of 35.9x. Average trailing P/E is 62x in the Electronic industry in China. Total returns to shareholders of 168% over the past year.
New Risk • Sep 02New 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 6.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: 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 (6.8% average weekly change).
お知らせ • Jul 02Techshine Electronics Co.,Ltd. to Report First Half, 2025 Results on Aug 28, 2025Techshine Electronics Co.,Ltd. announced that they will report first half, 2025 results on Aug 28, 2025
Valuation Update With 7 Day Price Move • Jun 22Investor sentiment improves as stock rises 21%After last week's 21% share price gain to CN¥26.50, the stock trades at a trailing P/E ratio of 31.9x. Average trailing P/E is 47x in the Electronic industry in China. Total returns to shareholders of 110% over the past year.
Declared Dividend • May 31Dividend of CN¥0.40 announcedShareholders will receive a dividend of CN¥0.40. Ex-date: 5th June 2025 Payment date: 5th June 2025 Dividend yield will be 1.5%, which is lower than the industry average of 1.8%. Sustainability & Growth Dividend is covered by earnings (35% 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 26 years, indicating a lack of growth and stability in payments. Earnings per share has grown by 26% 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 27Techshine Electronics Co.,Ltd. Approves Cash Dividend for 2024Techshine Electronics Co.,Ltd. at its Annual General Meeting of 2024 on 23 May 2025, approved Cash dividend (tax included): CNY 4.00000000 per ten shares for 2024.
New Risk • May 02New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 23% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (11% average weekly change). High level of non-cash earnings (23% accrual ratio). Minor Risk Paying a dividend despite having no free cash flows.
お知らせ • Apr 23Techshine Electronics Co.,Ltd. Proposes Final Cash Dividend for 2024Techshine Electronics Co.,Ltd. proposed final cash dividend of CNY 4.00000000 per 10 shares (tax included) for 2024.
お知らせ • Apr 22Techshine Electronics Co.,Ltd., Annual General Meeting, May 23, 2025Techshine Electronics Co.,Ltd., Annual General Meeting, May 23, 2025, at 14:30 China Standard Time. Location: 18F, Building 1, Qianhai Science and Technology Park, Xixiang Subdistrict, Bao'an District, Shenzhen, Guangdong China
Valuation Update With 7 Day Price Move • Apr 07Investor sentiment deteriorates as stock falls 23%After last week's 23% share price decline to CN¥22.18, the stock trades at a trailing P/E ratio of 20.9x. Average trailing P/E is 48x in the Electronic industry in China. Total returns to shareholders of 37% over the past year.
お知らせ • Mar 31Techshine Electronics Co.,Ltd. to Report Q1, 2025 Results on Apr 28, 2025Techshine Electronics Co.,Ltd. announced that they will report Q1, 2025 results on Apr 28, 2025
New Risk • Mar 10New 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 8.2% 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 (116% cash payout ratio). Share price has been volatile over the past 3 months (8.2% average weekly change).
Valuation Update With 7 Day Price Move • Mar 07Investor sentiment improves as stock rises 24%After last week's 24% share price gain to CN¥30.99, the stock trades at a trailing P/E ratio of 29.2x. Average trailing P/E is 53x in the Electronic industry in China. Total returns to shareholders of 94% over the past year.
分析記事 • Mar 06Techshine Electronics Co.,Ltd.'s (SZSE:301379) Shares Bounce 27% But Its Business Still Trails The MarketDespite an already strong run, Techshine Electronics Co.,Ltd. ( SZSE:301379 ) shares have been powering on, with a gain...
Reported Earnings • Feb 27Full year 2024 earnings released: EPS: CN¥1.06 (vs CN¥0.76 in FY 2023)Full year 2024 results: EPS: CN¥1.06 (up from CN¥0.76 in FY 2023). Revenue: CN¥1.48b (up 17% from FY 2023). Net income: CN¥150.4m (up 40% from FY 2023). Profit margin: 10% (up from 8.5% in FY 2023). The increase in margin was driven by higher revenue.
分析記事 • Feb 17Does Techshine ElectronicsLtd (SZSE:301379) Deserve A Spot On Your Watchlist?It's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story...
Valuation Update With 7 Day Price Move • Feb 11Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CN¥24.35, the stock trades at a trailing P/E ratio of 27.6x. Average trailing P/E is 50x in the Electronic industry in China. Total returns to shareholders of 89% over the past year.
Valuation Update With 7 Day Price Move • Jan 20Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CN¥21.96, the stock trades at a trailing P/E ratio of 24.9x. Average trailing P/E is 46x in the Electronic industry in China. Total returns to shareholders of 31% over the past year.
お知らせ • Dec 31Techshine Electronics Co.,Ltd. to Report Fiscal Year 2024 Results on Apr 22, 2025Techshine Electronics Co.,Ltd. announced that they will report fiscal year 2024 results on Apr 22, 2025
分析記事 • Nov 05Investors Shouldn't Be Too Comfortable With Techshine ElectronicsLtd's (SZSE:301379) EarningsTechshine Electronics Co.,Ltd.'s ( SZSE:301379 ) robust earnings report didn't manage to move the market for its stock...
New Risk • Nov 01New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 25% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by cash flows (116% cash payout ratio). Large one-off items impacting financial results.
Reported Earnings • Oct 29Third quarter 2024 earnings released: EPS: CN¥0.28 (vs CN¥0.18 in 3Q 2023)Third quarter 2024 results: EPS: CN¥0.28 (up from CN¥0.18 in 3Q 2023). Revenue: CN¥398.2m (up 24% from 3Q 2023). Net income: CN¥39.9m (up 59% from 3Q 2023). Profit margin: 10.0% (up from 7.9% in 3Q 2023). The increase in margin was driven by higher revenue.
Valuation Update With 7 Day Price Move • Oct 15Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to CN¥18.55, the stock trades at a trailing P/E ratio of 23.8x. Average trailing P/E is 41x in the Electronic industry in China. Total loss to shareholders of 14% over the past year.
お知らせ • Sep 30Techshine Electronics Co.,Ltd. to Report Q3, 2024 Results on Oct 29, 2024Techshine Electronics Co.,Ltd. announced that they will report Q3, 2024 results on Oct 29, 2024
Valuation Update With 7 Day Price Move • Sep 30Investor sentiment improves as stock rises 27%After last week's 27% share price gain to CN¥19.71, the stock trades at a trailing P/E ratio of 25.3x. Average trailing P/E is 38x in the Electronic industry in China. Total loss to shareholders of 12% over the past year.
分析記事 • Sep 30The Returns On Capital At Techshine ElectronicsLtd (SZSE:301379) Don't Inspire ConfidenceIf you're looking for a multi-bagger, there's a few things to keep an eye out for. In a perfect world, we'd like to see...
New Risk • Sep 21New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 23% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Paying a dividend despite having no free cash flows. Large one-off items impacting financial results.
New Risk • Aug 15New 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 7.0% 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 (32% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (7.0% average weekly change).
お知らせ • Jun 29Techshine Electronics Co.,Ltd. to Report First Half, 2024 Results on Aug 30, 2024Techshine Electronics Co.,Ltd. announced that they will report first half, 2024 results on Aug 30, 2024
分析記事 • Jun 16Techshine ElectronicsLtd's (SZSE:301379) Dividend Will Be Reduced To CN¥0.40Techshine Electronics Co.,Ltd.'s ( SZSE:301379 ) dividend is being reduced from last year's payment covering the same...
Declared Dividend • Jun 15Dividend reduced to CN¥0.40Dividend of CN¥0.40 is 33% lower than last year. Ex-date: 18th June 2024 Payment date: 18th June 2024 Dividend yield will be 1.5%, which is lower than the industry average of 1.8%. Sustainability & Growth Dividend is covered by earnings (38% 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 company is yet to establish a track record of dividend growth or stability as it hasn't paid a regular dividend for at least 2 years. Earnings per share has grown by 18% 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 26Techshine Electronics Co.,Ltd. Approves Cash Dividend for the Year 2023Techshine Electronics Co.,Ltd. at its AGM held on May 23, 2024, approved the cash dividend/10 shares (tax included): CNY 4.00000000 for the year 2023.
分析記事 • May 06Earnings Troubles May Signal Larger Issues for Techshine ElectronicsLtd (SZSE:301379) ShareholdersTechshine Electronics Co.,Ltd.'s ( SZSE:301379 ) recent weak earnings report didn't cause a big stock movement. Our...
お知らせ • Apr 27Techshine Electronics Co.,Ltd. Proposes Final Cash Dividend for the Year 2023Techshine Electronics Co.,Ltd. proposed final cash dividend of CNY 4.0000000 per ten shares (tax included) for the year 2023.
お知らせ • Apr 26Techshine Electronics Co.,Ltd., Annual General Meeting, May 23, 2024Techshine Electronics Co.,Ltd., Annual General Meeting, May 23, 2024, at 14:30 China Standard Time. Location: The Company's Meeting Room, Shenzhen, Guangdong China
Reported Earnings • Apr 25Full year 2023 earnings released: EPS: CN¥1.06 (vs CN¥1.48 in FY 2022)Full year 2023 results: EPS: CN¥1.06 (down from CN¥1.48 in FY 2022). Revenue: CN¥1.27b (up 2.7% from FY 2022). Net income: CN¥107.4m (down 9.2% from FY 2022). Profit margin: 8.5% (down from 9.6% in FY 2022). The decrease in margin was driven by higher expenses.
分析記事 • Apr 01Techshine ElectronicsLtd (SZSE:301379) Might Be Having Difficulty Using Its Capital EffectivelyIf you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...
お知らせ • Mar 30Techshine Electronics Co.,Ltd. to Report Q1, 2024 Results on Apr 29, 2024Techshine Electronics Co.,Ltd. announced that they will report Q1, 2024 results on Apr 29, 2024
New Risk • Feb 08New 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 7.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (25% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (7.8% average weekly change).
Valuation Update With 7 Day Price Move • Feb 01Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to CN¥20.75, the stock trades at a trailing P/E ratio of 18.9x. Average trailing P/E is 34x in the Electronic industry in China. Total loss to shareholders of 25% over the past year.
お知らせ • Dec 30Techshine Electronics Co.,Ltd. to Report Fiscal Year 2023 Results on Apr 25, 2024Techshine Electronics Co.,Ltd. announced that they will report fiscal year 2023 results on Apr 25, 2024
Reported Earnings • Oct 26Third quarter 2023 earnings releasedThird quarter 2023 results: EPS: CN¥0.25. Net income: CN¥25.2m (up CN¥25.2m from 3Q 2022).
Buying Opportunity • Oct 18Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 33%. The fair value is estimated to be CN¥38.76, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.4% over the last year. Earnings per share has declined by 4.8%.
Buying Opportunity • Sep 26Now 20% undervaluedOver the last 90 days, the stock is up 16%. The fair value is estimated to be CN¥38.56, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.4% over the last year. Earnings per share has declined by 4.8%.
New Risk • Aug 29New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 22% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (11% average weekly change). High level of non-cash earnings (22% accrual ratio). Minor Risk Dividend is not well covered by cash flows (dividend per share is over 7x cash flows per share).
Reported Earnings • Aug 29Second quarter 2023 earnings releasedSecond quarter 2023 results: EPS: CN¥0.35. Net income: CN¥35.4m (up CN¥35.4m from 2Q 2022).
New Risk • Jul 15New 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 7.4% 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: Minor Risks Dividend is not well covered by cash flows (95% cash payout ratio). Share price has been volatile over the past 3 months (7.4% average weekly change).
Valuation Update With 7 Day Price Move • Jul 14Investor sentiment improves as stock rises 28%After last week's 28% share price gain to CN¥36.11, the stock trades at a trailing P/E ratio of 29.9x. Average trailing P/E is 47x in the Electronic industry in China.
New Risk • Jun 08New minor risk - Dividend sustainabilityThe dividend is not well covered by cash flows. Cash payout ratio: 95% Dividend yield: 2.2% 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. This is currently the only risk that has been identified for the company.
お知らせ • Jun 03Techshine Electronics Co.,Ltd. Announces Final Cash Dividend for the Year 2022, Payable on 09 June 2023Techshine Electronics Co.,Ltd. announced a final cash dividend of CNY 6.00 (tax included) per 10 A shares for the year 2022. Record date is 08 June 2023, Ex-date is 09 June 2023, Payment date is 09 June 2023.
Board Change • Nov 16No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. No highly experienced directors. No independent directors (3 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.
