China Zhenhua (Group) Science & Technology（000733）株式概要中国振華（集団）科技有限公司は、中国で電子部品を製造・販売しています。 詳細000733 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2/6財務の健全性6/6配当金4/6報酬株価収益率（ 28.3 x） CN市場（ 44.1 x）を下回っています。リスク分析過去5年間で収益は年間7.2%減少しました。 不安定な配当実績 CN市場と比較した過去 3 か月間の株価の変動すべてのリスクチェックを見る000733 Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.NEW501,452 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 NarrativeBLINROAG501,452 investors already sharing narrativesYour Fair ValueCN¥Current PriceCN¥50.1853.3% 割高 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture07b2016201920222025202620282031Revenue CN¥5.6bEarnings CN¥963.1mAdvancedSet Fair ValueView all narrativesChina Zhenhua (Group) Science & Technology Co., Ltd 競合他社Sai MicroElectronicsSymbol: SZSE:300456Market cap: CN¥28.4bZhuzhou Hongda ElectronicsLtdSymbol: SZSE:300726Market cap: CN¥29.1bQuanzhou Jiadeli Electronics MaterialSymbol: SHSE:603435Market cap: CN¥25.7bJiangxi Jiangnan New Material TechnologySymbol: SHSE:603124Market cap: CN¥23.0b価格と性能株価の高値、安値、推移の概要China Zhenhua (Group) Science & Technology過去の株価現在の株価CN¥50.1852週高値CN¥62.3052週安値CN¥41.88ベータ0.141ヶ月の変化-10.50%3ヶ月変化8.76%1年変化4.11%3年間の変化-46.14%5年間の変化-18.89%IPOからの変化169.93%最新ニュースお知らせ • Jun 30China Zhenhua (Group) Science & Technology Co., Ltd to Report First Half, 2026 Results on Aug 26, 2026China Zhenhua (Group) Science & Technology Co., Ltd announced that they will report first half, 2026 results on Aug 26, 2026Declared Dividend • Jun 26Dividend increased to CN¥0.38Dividend of CN¥0.38 is 111% higher than last year. Ex-date: 30th June 2026 Payment date: 30th June 2026 Dividend yield will be 0.7%, which is lower than the industry average of 1.8%. Sustainability & Growth Dividend is well covered by both earnings (21% earnings payout ratio) and cash flows (24% cash payout ratio). The dividend has increased by an average of 29% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 4.2% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.New Risk • Jun 25New major risk - Revenue and earnings growthEarnings have declined by 7.2% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 7.2% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (8.6% average weekly change).Valuation Update With 7 Day Price Move • Jun 12Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to CN¥47.16, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 38x in the Electronic industry in China. Total loss to shareholders of 44% over the past three years.Valuation Update With 7 Day Price Move • May 28Investor sentiment improves as stock rises 17%After last week's 17% share price gain to CN¥53.38, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 40x in the Electronic industry in China. Total loss to shareholders of 38% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥21.79 per share.Board Change • May 20High number of new directorsThere are 6 new directors who have joined the board in the last 3 years. Head of Accounting Department & Employee Director Yitao Gan was the last director to join the board, commencing their role in 2026. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.最新情報をもっと見るRecent updatesお知らせ • Jun 30China Zhenhua (Group) Science & Technology Co., Ltd to Report First Half, 2026 Results on Aug 26, 2026China Zhenhua (Group) Science & Technology Co., Ltd announced that they will report first half, 2026 results on Aug 26, 2026Declared Dividend • Jun 26Dividend increased to CN¥0.38Dividend of CN¥0.38 is 111% higher than last year. Ex-date: 30th June 2026 Payment date: 30th June 2026 Dividend yield will be 0.7%, which is lower than the industry average of 1.8%. Sustainability & Growth Dividend is well covered by both earnings (21% earnings payout ratio) and cash flows (24% cash payout ratio). The dividend has increased by an average of 29% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 4.2% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.New Risk • Jun 25New major risk - Revenue and earnings growthEarnings have declined by 7.2% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 7.2% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (8.6% average weekly change).Valuation Update With 7 Day Price Move • Jun 12Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to CN¥47.16, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 38x in the Electronic industry in China. Total loss to shareholders of 44% over the past three years.Valuation Update With 7 Day Price Move • May 28Investor sentiment improves as stock rises 17%After last week's 17% share price gain to CN¥53.38, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 40x in the Electronic industry in China. Total loss to shareholders of 38% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥21.79 per share.Board Change • May 20High number of new directorsThere are 6 new directors who have joined the board in the last 3 years. Head of Accounting Department & Employee Director Yitao Gan was the last director to join the board, commencing their role in 2026. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.お知らせ • Apr 29China Zhenhua (Group) Science & Technology Co., Ltd, Annual General Meeting, May 19, 2026China Zhenhua (Group) Science & Technology Co., Ltd, Annual General Meeting, May 19, 2026, at 15:00 China Standard Time. Location: The Company's Meeting Room, Guiyang, Guizhou Chinaお知らせ • Mar 31China Zhenhua (Group) Science & Technology Co., Ltd to Report Q1, 2026 Results on Apr 29, 2026China Zhenhua (Group) Science & Technology Co., Ltd announced that they will report Q1, 2026 results on Apr 29, 2026お知らせ • Dec 31China Zhenhua (Group) Science & Technology Co., Ltd to Report Fiscal Year 2025 Results on Apr 29, 2026China Zhenhua (Group) Science & Technology Co., Ltd announced that they will report fiscal year 2025 results on Apr 29, 2026お知らせ • Sep 30China Zhenhua (Group) Science & Technology Co., Ltd to Report Q3, 2025 Results on Oct 25, 2025China Zhenhua (Group) Science & Technology Co., Ltd announced that they will report Q3, 2025 results on Oct 25, 2025お知らせ • Jul 02China Zhenhua (Group) Science & Technology Co., Ltd to Report First Half, 2025 Results on Aug 27, 2025China Zhenhua (Group) Science & Technology Co., Ltd announced that they will report first half, 2025 results on Aug 27, 2025お知らせ • May 16China Zhenhua (Group) Science & Technology Co., Ltd Approves Cash Dividend for 2024China Zhenhua (Group) Science & Technology Co. Ltd. at its Annual General Meeting held on 14 May 2025 approved cash dividend of CNY 1.80000000 per 10 shares (tax included) for 2024.お知らせ • Apr 25China Zhenhua (Group) Science & Technology Co., Ltd Proposes Final Cash Dividend for 2024China Zhenhua (Group) Science & Technology Co. Ltd. proposed final cash dividend of CNY 1.80000000 per 10 shares (tax included) for 2024.お知らせ • Apr 24China Zhenhua (Group) Science & Technology Co., Ltd, Annual General Meeting, May 14, 2025China Zhenhua (Group) Science & Technology Co., Ltd, Annual General Meeting, May 14, 2025, at 15:00 China Standard Time. Location: The Company's Meeting Room, Guiyang, Guizhou Chinaお知らせ • Mar 31China Zhenhua (Group) Science & Technology Co., Ltd to Report Q1, 2025 Results on Apr 24, 2025China Zhenhua (Group) Science & Technology Co., Ltd announced that they will report Q1, 2025 results on Apr 24, 2025お知らせ • Dec 31China Zhenhua (Group) Science & Technology Co., Ltd to Report Fiscal Year 2024 Results on Apr 24, 2025China Zhenhua (Group) Science & Technology Co., Ltd announced that they will report fiscal year 2024 results on Apr 24, 2025Reported Earnings • Oct 26Third quarter 2024 earnings released: EPS: CN¥0.40 (vs CN¥0.99 in 3Q 2023)Third quarter 2024 results: EPS: CN¥0.40 (down from CN¥0.99 in 3Q 2023). Revenue: CN¥1.31b (down 24% from 3Q 2023). Net income: CN¥224.4m (down 57% from 3Q 2023). Profit margin: 17% (down from 31% in 3Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 20% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has fallen by 22% per year, which means it is significantly lagging earnings.Valuation Update With 7 Day Price Move • Oct 21Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CN¥51.25, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 26x in the Electronic industry in China. Total loss to shareholders of 50% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥92.45 per share.お知らせ • Sep 30China Zhenhua (Group) Science & Technology Co., Ltd to Report Q3, 2024 Results on Oct 26, 2024China Zhenhua (Group) Science & Technology Co., Ltd announced that they will report Q3, 2024 results on Oct 26, 2024Valuation Update With 7 Day Price Move • Sep 27Investor sentiment improves as stock rises 22%After last week's 22% share price gain to CN¥39.70, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 20x in the Electronic industry in China. Total loss to shareholders of 59% over the past three years.Reported Earnings • Aug 24Second quarter 2024 earnings released: EPS: CN¥0.58 (vs CN¥1.53 in 2Q 2023)Second quarter 2024 results: EPS: CN¥0.58 (down from CN¥1.53 in 2Q 2023). Revenue: CN¥1.42b (down 36% from 2Q 2023). Net income: CN¥318.2m (down 60% from 2Q 2023). Profit margin: 23% (down from 36% in 2Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 19% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has fallen by 28% per year, which means it is significantly lagging earnings.Valuation Update With 7 Day Price Move • Jul 08Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to CN¥34.35, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 21x in the Electronic industry in China. Total loss to shareholders of 45% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥24.65 per share.お知らせ • Jun 29China Zhenhua (Group) Science & Technology Co., Ltd to Report First Half, 2024 Results on Aug 24, 2024China Zhenhua (Group) Science & Technology Co., Ltd announced that they will report first half, 2024 results on Aug 24, 2024お知らせ • Jun 23China Zhenhua (Group) Science & Technology Co., Ltd. Announces Cash Dividend on Share A for 2023, Payable on 28 June 2024China Zhenhua (Group) Science & Technology Co. Ltd. announced cash dividend/10 shares (tax included): CNY 11.14000000 on share A for 2023. Record date: 27 June 2024, Ex-date: 28 June 2024, Payment date: 28 June 2024.お知らせ • Apr 29China Zhenhua (Group) Science & Technology Co., Ltd, Annual General Meeting, May 17, 2024China Zhenhua (Group) Science & Technology Co., Ltd, Annual General Meeting, May 17, 2024, at 15:00 China Standard Time. Location: The Company's Meeting Room, Guiyang, Guizhou ChinaReported Earnings • Apr 28First quarter 2024 earnings released: EPS: CN¥0.18 (vs CN¥1.41 in 1Q 2023)First quarter 2024 results: EPS: CN¥0.18 (down from CN¥1.41 in 1Q 2023). Revenue: CN¥1.01b (down 52% from 1Q 2023). Net income: CN¥101.9m (down 86% from 1Q 2023). Profit margin: 10% (down from 35% in 1Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 28% p.a. on average during the next 2 years, compared to a 18% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.お知らせ • Mar 30China Zhenhua (Group) Science & Technology Co., Ltd to Report Q1, 2024 Results on Apr 27, 2024China Zhenhua (Group) Science & Technology Co., Ltd announced that they will report Q1, 2024 results on Apr 27, 2024Valuation Update With 7 Day Price Move • Feb 29Investor sentiment improves as stock rises 19%After last week's 19% share price gain to CN¥57.36, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 20x in the Electronic industry in China. Total returns to shareholders of 4.2% over the past three years.お知らせ • Dec 29China Zhenhua (Group) Science & Technology Co., Ltd to Report Fiscal Year 2023 Results on Apr 27, 2024China Zhenhua (Group) Science & Technology Co., Ltd announced that they will report fiscal year 2023 results on Apr 27, 2024New Risk • Oct 29New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 6.6% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (21% accrual ratio). Minor Risks Dividend is not well covered by cash flows (122% cash payout ratio). Shareholders have been diluted in the past year (6.6% increase in shares outstanding).Reported Earnings • Oct 27Third quarter 2023 earnings released: EPS: CN¥0.99 (vs CN¥1.14 in 3Q 2022)Third quarter 2023 results: EPS: CN¥0.99 (down from CN¥1.14 in 3Q 2022). Revenue: CN¥1.72b (down 7.9% from 3Q 2022). Net income: CN¥528.2m (down 11% from 3Q 2022). Profit margin: 31% (in line with 3Q 2022). 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. Over the last 3 years on average, earnings per share has increased by 50% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Oct 13Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to CN¥68.68, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 22x in the Electronic industry in China. Total returns to shareholders of 44% over the past three years.お知らせ • Sep 30China Zhenhua (Group) Science & Technology Co., Ltd to Report Q3, 2023 Results on Oct 27, 2023China Zhenhua (Group) Science & Technology Co., Ltd announced that they will report Q3, 2023 results on Oct 27, 2023Reported Earnings • Aug 25Second quarter 2023 earnings released: EPS: CN¥1.53 (vs CN¥1.29 in 2Q 2022)Second quarter 2023 results: EPS: CN¥1.53 (up from CN¥1.29 in 2Q 2022). Revenue: CN¥2.21b (up 13% from 2Q 2022). Net income: CN¥795.6m (up 20% from 2Q 2022). Profit margin: 36% (up from 34% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 24% p.a. on average during the next 3 years, compared to a 19% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has increased by 59% per year but the company’s share price has only increased by 25% per year, which means it is significantly lagging earnings growth.お知らせ • Jun 06China Zhenhua (Group) Science & Technology Co., Ltd Announces Final Cash Dividend on A Shares for 2022, Payable on 09 June 2023China Zhenhua (Group) Science & Technology Co. Ltd. announced 2022 final distribution plan to be implemented (A shares) of cash dividend per 10 A shares (tax included) of CNY 11.45000000. Record date: 08 June 2023. Ex-date: 09 June 2023. Payment date: 09 June 2023.お知らせ • May 20China Zhenhua (Group) Science & Technology Co., Ltd Approves Cash Dividend for 2022China Zhenhua (Group) Science & Technology Co. Ltd. at its Annual General Meeting of 2022 held on 18 May 2023, approved cash dividend/10 shares (tax included): CNY 11.45000000.Reported Earnings • Apr 29First quarter 2023 earnings released: EPS: CN¥1.41 (vs CN¥1.17 in 1Q 2022)First quarter 2023 results: EPS: CN¥1.41 (up from CN¥1.17 in 1Q 2022). Revenue: CN¥2.10b (up 12% from 1Q 2022). Net income: CN¥734.6m (up 21% from 1Q 2022). Profit margin: 35% (up from 32% in 1Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 35% 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 increased by 65% per year whereas the company’s share price has increased by 64% per year.Board Change • Jan 01High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Non-Independent Director Liming Yang was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.Reported Earnings • Oct 29Third quarter 2022 earnings released: EPS: CN¥1.14 (vs CN¥0.85 in 3Q 2021)Third quarter 2022 results: EPS: CN¥1.14 (up from CN¥0.85 in 3Q 2021). Revenue: CN¥1.87b (up 30% from 3Q 2021). Net income: CN¥590.7m (up 34% from 3Q 2021). Profit margin: 32% (in line with 3Q 2021). 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. Over the last 3 years on average, earnings per share has increased by 74% per year but the company’s share price has increased by 102% per year, which means it is tracking significantly ahead of earnings growth.Reported Earnings • Aug 27Second quarter 2022 earnings released: EPS: CN¥1.29 (vs CN¥0.52 in 2Q 2021)Second quarter 2022 results: EPS: CN¥1.29 (up from CN¥0.52 in 2Q 2021). Revenue: CN¥1.95b (up 29% from 2Q 2021). Net income: CN¥665.6m (up 148% from 2Q 2021). Profit margin: 34% (up from 18% in 2Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 27%, compared to a 27% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has increased by 72% per year but the company’s share price has increased by 91% per year, which means it is tracking significantly ahead of earnings growth.Reported Earnings • Apr 30First quarter 2022 earnings released: EPS: CN¥1.17 (vs CN¥0.48 in 1Q 2021)First quarter 2022 results: EPS: CN¥1.17 (up from CN¥0.48 in 1Q 2021). Revenue: CN¥1.89b (up 44% from 1Q 2021). Net income: CN¥607.3m (up 146% from 1Q 2021). Profit margin: 32% (up from 19% in 1Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 20%, compared to a 25% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has increased by 65% per year but the company’s share price has increased by 89% per year, which means it is tracking significantly ahead of earnings growth.Reported Earnings • Mar 11Full year 2021 earnings: EPS in line with analyst expectations despite revenue beatFull year 2021 results: EPS: CN¥2.90 (up from CN¥1.18 in FY 2020). Revenue: CN¥5.66b (up 43% from FY 2020). Net income: CN¥1.49b (up 147% from FY 2020). Profit margin: 26% (up from 15% in FY 2020). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.3%. Over the next year, revenue is forecast to grow 31%, compared to a 32% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has increased by 56% per year but the company’s share price has increased by 95% per year, which means it is tracking significantly ahead of earnings growth.Board Change • Jan 02High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Independent Director Chuanli Yu was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.Reported Earnings • Oct 25Third quarter 2021 earnings released: EPS CN¥0.85 (vs CN¥0.24 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: CN¥1.43b (up 37% from 3Q 2020). Net income: CN¥440.3m (up 258% from 3Q 2020). Profit margin: 31% (up from 12% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 46% per year but the company’s share price has increased by 110% per year, which means it is tracking significantly ahead of earnings growth.Reported Earnings • Aug 29Second quarter 2021 earnings released: EPS CN¥0.52 (vs CN¥0.24 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CN¥1.51b (up 33% from 2Q 2020). Net income: CN¥268.7m (up 115% from 2Q 2020). Profit margin: 18% (up from 11% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has increased by 98% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • Aug 24Investor sentiment improved over the past weekAfter last week's 16% share price gain to CN¥102, the stock trades at a forward P/E ratio of 49x. Average forward P/E is 32x in the Communications industry in China. Total returns to shareholders of 702% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥62.02 per share.Valuation Update With 7 Day Price Move • Jul 18Investor sentiment improved over the past weekAfter last week's 17% share price gain to CN¥73.00, the stock trades at a forward P/E ratio of 36x. Average forward P/E is 29x in the Communications industry in China. Total returns to shareholders of 425% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥63.17 per share.Reported Earnings • May 02First quarter 2021 earnings released: EPS CN¥0.48 (vs CN¥0.21 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: CN¥1.31b (up 47% from 1Q 2020). Net income: CN¥246.7m (up 123% from 1Q 2020). Profit margin: 19% (up from 13% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has increased by 48% per year, which means it is tracking significantly ahead of earnings growth.Reported Earnings • Apr 12Full year 2020 earnings released: EPS CN¥1.18 (vs CN¥0.53 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: CN¥3.95b (up 19% from FY 2019). Net income: CN¥605.6m (up 124% from FY 2019). Profit margin: 15% (up from 8.2% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has increased by 61% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • Mar 10Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to CN¥48.77, the stock is trading at a trailing P/E ratio of 75.8x, down from the previous P/E ratio of 89.4x. This compares to an average P/E of 48x in the Communications industry in China. Total returns to shareholders over the past three years are 277%.Is New 90 Day High Low • Jan 28New 90-day high: CN¥65.78The company is up 58% from its price of CN¥41.75 on 30 October 2020. The Chinese market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Communications industry, which is down 9.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥2.74 per share.Is New 90 Day High Low • Dec 22New 90-day high: CN¥50.36The company is up 9.0% from its price of CN¥46.00 on 24 September 2020. The Chinese market is up 5.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Communications industry, which is down 8.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥1.88 per share.Reported Earnings • Oct 29Third quarter earnings releasedOver the last 12 months the company has reported total profits of CN¥307.8m, down 16% from the prior year. Total revenue was CN¥3.38b over the last 12 months, down 16% from the prior year.株主還元000733CN ElectronicCN 市場7D-11.4%-11.2%-4.3%1Y4.1%95.1%23.0%株主還元を見る業界別リターン: 000733過去 1 年間で95.1 % 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: 000733は、過去 1 年間で23 % のリターンを上げたCN市場を下回りました。価格変動Is 000733's price volatile compared to industry and market?000733 volatility000733 Average Weekly Movement9.8%Electronic Industry Average Movement9.2%Market Average Movement6.9%10% most volatile stocks in CN Market11.2%10% least volatile stocks in CN Market4.2%安定した株価: 000733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: 000733の weekly volatility ( 10% ) は過去 1 年間安定していますが、依然としてCNの株式の 75% よりも高くなっています。会社概要設立従業員CEO（最高経営責任者ウェブサイト19976,935Jianhua Shenwww.czst.com.cnChina Zhenhua (Group) Science & Technology Co., Ltd.は中国で電子部品を製造・販売している。新電子部品部門と現代サービス部門を通じて事業を展開している。インダクタ、LTCCフィルタ、デュプレクサ、誘電体共振器、パワーデバイダ、モータドライバ、パワーマネージャ、ダイオード、トランジスタ、IGBTデバイス、SICデバイス、トランス、真空遮断器、リレー、コンタクタ、スイッチ、サーキットブレーカ、コネクタ、リチウムイオン電池、LTCCおよびMLCC誘電体材料、セラミックフェライト材料、圧電セラミック材料、電子スラリーなどを提供している。また、タンタル/アルミ電解コンデンサ、プレーナ型トランス、パルストランス、積層セラミックコンデンサ、チップ皮膜抵抗器および抵抗ネットワーク、チップインダクタ、チップヒューズ、単層セラミック誘電体コンデンサ、半導体ダイオード、IGBT、集積型電圧レギュレータ、厚膜ハイブリッド集積回路、DC/DCコンバータ、フィルタ、サージサプレッサ、パワーメンテナンスモジュール、パワードライバーシリーズ、信号処理回路、航空用サーキットブレーカを提供している。また、パーク・プロパティ・マネジメントとパーク・パワー・サプライ・サービスも提供している。同社は航空宇宙、航空、造船、兵器、原子力、エレクトロニクスなどの業界にサービスを提供している。China Zhenhua (Group) Science & Technology Co., Ltd.は1997年に設立され、中国貴陽市に拠点を置く。もっと見るChina Zhenhua (Group) Science & Technology Co., Ltd 基礎のまとめChina Zhenhua (Group) Science & Technology の収益と売上を時価総額と比較するとどうか。000733 基礎統計学時価総額CN¥27.81b収益（TTM）CN¥982.81m売上高(TTM)CN¥5.68b28.3xPER（株価収益率4.9xP/Sレシオ000733 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000733 損益計算書（TTM）収益CN¥5.68b売上原価CN¥3.24b売上総利益CN¥2.44bその他の費用CN¥1.46b収益CN¥982.81m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）1.77グロス・マージン42.98%純利益率17.29%有利子負債／自己資本比率5.5%000733 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0.8%現在の配当利回り21%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2026/07/07 05:16終値2026/07/07 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China Zhenhua (Group) Science & 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。3 アナリスト機関Liang LiChina Galaxy Securities Co., Ltd.Lujing LiTianfeng Securities Brokerage Co., LtdCong LiZhongtai Securities Co. Ltd.
お知らせ • Jun 30China Zhenhua (Group) Science & Technology Co., Ltd to Report First Half, 2026 Results on Aug 26, 2026China Zhenhua (Group) Science & Technology Co., Ltd announced that they will report first half, 2026 results on Aug 26, 2026
Declared Dividend • Jun 26Dividend increased to CN¥0.38Dividend of CN¥0.38 is 111% higher than last year. Ex-date: 30th June 2026 Payment date: 30th June 2026 Dividend yield will be 0.7%, which is lower than the industry average of 1.8%. Sustainability & Growth Dividend is well covered by both earnings (21% earnings payout ratio) and cash flows (24% cash payout ratio). The dividend has increased by an average of 29% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 4.2% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
New Risk • Jun 25New major risk - Revenue and earnings growthEarnings have declined by 7.2% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 7.2% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (8.6% average weekly change).
Valuation Update With 7 Day Price Move • Jun 12Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to CN¥47.16, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 38x in the Electronic industry in China. Total loss to shareholders of 44% over the past three years.
Valuation Update With 7 Day Price Move • May 28Investor sentiment improves as stock rises 17%After last week's 17% share price gain to CN¥53.38, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 40x in the Electronic industry in China. Total loss to shareholders of 38% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥21.79 per share.
Board Change • May 20High number of new directorsThere are 6 new directors who have joined the board in the last 3 years. Head of Accounting Department & Employee Director Yitao Gan was the last director to join the board, commencing their role in 2026. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
お知らせ • Jun 30China Zhenhua (Group) Science & Technology Co., Ltd to Report First Half, 2026 Results on Aug 26, 2026China Zhenhua (Group) Science & Technology Co., Ltd announced that they will report first half, 2026 results on Aug 26, 2026
Declared Dividend • Jun 26Dividend increased to CN¥0.38Dividend of CN¥0.38 is 111% higher than last year. Ex-date: 30th June 2026 Payment date: 30th June 2026 Dividend yield will be 0.7%, which is lower than the industry average of 1.8%. Sustainability & Growth Dividend is well covered by both earnings (21% earnings payout ratio) and cash flows (24% cash payout ratio). The dividend has increased by an average of 29% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 4.2% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
New Risk • Jun 25New major risk - Revenue and earnings growthEarnings have declined by 7.2% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 7.2% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (8.6% average weekly change).
Valuation Update With 7 Day Price Move • Jun 12Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to CN¥47.16, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 38x in the Electronic industry in China. Total loss to shareholders of 44% over the past three years.
Valuation Update With 7 Day Price Move • May 28Investor sentiment improves as stock rises 17%After last week's 17% share price gain to CN¥53.38, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 40x in the Electronic industry in China. Total loss to shareholders of 38% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥21.79 per share.
Board Change • May 20High number of new directorsThere are 6 new directors who have joined the board in the last 3 years. Head of Accounting Department & Employee Director Yitao Gan was the last director to join the board, commencing their role in 2026. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
お知らせ • Apr 29China Zhenhua (Group) Science & Technology Co., Ltd, Annual General Meeting, May 19, 2026China Zhenhua (Group) Science & Technology Co., Ltd, Annual General Meeting, May 19, 2026, at 15:00 China Standard Time. Location: The Company's Meeting Room, Guiyang, Guizhou China
お知らせ • Mar 31China Zhenhua (Group) Science & Technology Co., Ltd to Report Q1, 2026 Results on Apr 29, 2026China Zhenhua (Group) Science & Technology Co., Ltd announced that they will report Q1, 2026 results on Apr 29, 2026
お知らせ • Dec 31China Zhenhua (Group) Science & Technology Co., Ltd to Report Fiscal Year 2025 Results on Apr 29, 2026China Zhenhua (Group) Science & Technology Co., Ltd announced that they will report fiscal year 2025 results on Apr 29, 2026
お知らせ • Sep 30China Zhenhua (Group) Science & Technology Co., Ltd to Report Q3, 2025 Results on Oct 25, 2025China Zhenhua (Group) Science & Technology Co., Ltd announced that they will report Q3, 2025 results on Oct 25, 2025
お知らせ • Jul 02China Zhenhua (Group) Science & Technology Co., Ltd to Report First Half, 2025 Results on Aug 27, 2025China Zhenhua (Group) Science & Technology Co., Ltd announced that they will report first half, 2025 results on Aug 27, 2025
お知らせ • May 16China Zhenhua (Group) Science & Technology Co., Ltd Approves Cash Dividend for 2024China Zhenhua (Group) Science & Technology Co. Ltd. at its Annual General Meeting held on 14 May 2025 approved cash dividend of CNY 1.80000000 per 10 shares (tax included) for 2024.
お知らせ • Apr 25China Zhenhua (Group) Science & Technology Co., Ltd Proposes Final Cash Dividend for 2024China Zhenhua (Group) Science & Technology Co. Ltd. proposed final cash dividend of CNY 1.80000000 per 10 shares (tax included) for 2024.
お知らせ • Apr 24China Zhenhua (Group) Science & Technology Co., Ltd, Annual General Meeting, May 14, 2025China Zhenhua (Group) Science & Technology Co., Ltd, Annual General Meeting, May 14, 2025, at 15:00 China Standard Time. Location: The Company's Meeting Room, Guiyang, Guizhou China
お知らせ • Mar 31China Zhenhua (Group) Science & Technology Co., Ltd to Report Q1, 2025 Results on Apr 24, 2025China Zhenhua (Group) Science & Technology Co., Ltd announced that they will report Q1, 2025 results on Apr 24, 2025
お知らせ • Dec 31China Zhenhua (Group) Science & Technology Co., Ltd to Report Fiscal Year 2024 Results on Apr 24, 2025China Zhenhua (Group) Science & Technology Co., Ltd announced that they will report fiscal year 2024 results on Apr 24, 2025
Reported Earnings • Oct 26Third quarter 2024 earnings released: EPS: CN¥0.40 (vs CN¥0.99 in 3Q 2023)Third quarter 2024 results: EPS: CN¥0.40 (down from CN¥0.99 in 3Q 2023). Revenue: CN¥1.31b (down 24% from 3Q 2023). Net income: CN¥224.4m (down 57% from 3Q 2023). Profit margin: 17% (down from 31% in 3Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 20% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has fallen by 22% per year, which means it is significantly lagging earnings.
Valuation Update With 7 Day Price Move • Oct 21Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CN¥51.25, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 26x in the Electronic industry in China. Total loss to shareholders of 50% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥92.45 per share.
お知らせ • Sep 30China Zhenhua (Group) Science & Technology Co., Ltd to Report Q3, 2024 Results on Oct 26, 2024China Zhenhua (Group) Science & Technology Co., Ltd announced that they will report Q3, 2024 results on Oct 26, 2024
Valuation Update With 7 Day Price Move • Sep 27Investor sentiment improves as stock rises 22%After last week's 22% share price gain to CN¥39.70, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 20x in the Electronic industry in China. Total loss to shareholders of 59% over the past three years.
Reported Earnings • Aug 24Second quarter 2024 earnings released: EPS: CN¥0.58 (vs CN¥1.53 in 2Q 2023)Second quarter 2024 results: EPS: CN¥0.58 (down from CN¥1.53 in 2Q 2023). Revenue: CN¥1.42b (down 36% from 2Q 2023). Net income: CN¥318.2m (down 60% from 2Q 2023). Profit margin: 23% (down from 36% in 2Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 19% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has fallen by 28% per year, which means it is significantly lagging earnings.
Valuation Update With 7 Day Price Move • Jul 08Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to CN¥34.35, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 21x in the Electronic industry in China. Total loss to shareholders of 45% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥24.65 per share.
お知らせ • Jun 29China Zhenhua (Group) Science & Technology Co., Ltd to Report First Half, 2024 Results on Aug 24, 2024China Zhenhua (Group) Science & Technology Co., Ltd announced that they will report first half, 2024 results on Aug 24, 2024
お知らせ • Jun 23China Zhenhua (Group) Science & Technology Co., Ltd. Announces Cash Dividend on Share A for 2023, Payable on 28 June 2024China Zhenhua (Group) Science & Technology Co. Ltd. announced cash dividend/10 shares (tax included): CNY 11.14000000 on share A for 2023. Record date: 27 June 2024, Ex-date: 28 June 2024, Payment date: 28 June 2024.
お知らせ • Apr 29China Zhenhua (Group) Science & Technology Co., Ltd, Annual General Meeting, May 17, 2024China Zhenhua (Group) Science & Technology Co., Ltd, Annual General Meeting, May 17, 2024, at 15:00 China Standard Time. Location: The Company's Meeting Room, Guiyang, Guizhou China
Reported Earnings • Apr 28First quarter 2024 earnings released: EPS: CN¥0.18 (vs CN¥1.41 in 1Q 2023)First quarter 2024 results: EPS: CN¥0.18 (down from CN¥1.41 in 1Q 2023). Revenue: CN¥1.01b (down 52% from 1Q 2023). Net income: CN¥101.9m (down 86% from 1Q 2023). Profit margin: 10% (down from 35% in 1Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 28% p.a. on average during the next 2 years, compared to a 18% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.
お知らせ • Mar 30China Zhenhua (Group) Science & Technology Co., Ltd to Report Q1, 2024 Results on Apr 27, 2024China Zhenhua (Group) Science & Technology Co., Ltd announced that they will report Q1, 2024 results on Apr 27, 2024
Valuation Update With 7 Day Price Move • Feb 29Investor sentiment improves as stock rises 19%After last week's 19% share price gain to CN¥57.36, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 20x in the Electronic industry in China. Total returns to shareholders of 4.2% over the past three years.
お知らせ • Dec 29China Zhenhua (Group) Science & Technology Co., Ltd to Report Fiscal Year 2023 Results on Apr 27, 2024China Zhenhua (Group) Science & Technology Co., Ltd announced that they will report fiscal year 2023 results on Apr 27, 2024
New Risk • Oct 29New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 6.6% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (21% accrual ratio). Minor Risks Dividend is not well covered by cash flows (122% cash payout ratio). Shareholders have been diluted in the past year (6.6% increase in shares outstanding).
Reported Earnings • Oct 27Third quarter 2023 earnings released: EPS: CN¥0.99 (vs CN¥1.14 in 3Q 2022)Third quarter 2023 results: EPS: CN¥0.99 (down from CN¥1.14 in 3Q 2022). Revenue: CN¥1.72b (down 7.9% from 3Q 2022). Net income: CN¥528.2m (down 11% from 3Q 2022). Profit margin: 31% (in line with 3Q 2022). 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. Over the last 3 years on average, earnings per share has increased by 50% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Oct 13Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to CN¥68.68, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 22x in the Electronic industry in China. Total returns to shareholders of 44% over the past three years.
お知らせ • Sep 30China Zhenhua (Group) Science & Technology Co., Ltd to Report Q3, 2023 Results on Oct 27, 2023China Zhenhua (Group) Science & Technology Co., Ltd announced that they will report Q3, 2023 results on Oct 27, 2023
Reported Earnings • Aug 25Second quarter 2023 earnings released: EPS: CN¥1.53 (vs CN¥1.29 in 2Q 2022)Second quarter 2023 results: EPS: CN¥1.53 (up from CN¥1.29 in 2Q 2022). Revenue: CN¥2.21b (up 13% from 2Q 2022). Net income: CN¥795.6m (up 20% from 2Q 2022). Profit margin: 36% (up from 34% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 24% p.a. on average during the next 3 years, compared to a 19% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has increased by 59% per year but the company’s share price has only increased by 25% per year, which means it is significantly lagging earnings growth.
お知らせ • Jun 06China Zhenhua (Group) Science & Technology Co., Ltd Announces Final Cash Dividend on A Shares for 2022, Payable on 09 June 2023China Zhenhua (Group) Science & Technology Co. Ltd. announced 2022 final distribution plan to be implemented (A shares) of cash dividend per 10 A shares (tax included) of CNY 11.45000000. Record date: 08 June 2023. Ex-date: 09 June 2023. Payment date: 09 June 2023.
お知らせ • May 20China Zhenhua (Group) Science & Technology Co., Ltd Approves Cash Dividend for 2022China Zhenhua (Group) Science & Technology Co. Ltd. at its Annual General Meeting of 2022 held on 18 May 2023, approved cash dividend/10 shares (tax included): CNY 11.45000000.
Reported Earnings • Apr 29First quarter 2023 earnings released: EPS: CN¥1.41 (vs CN¥1.17 in 1Q 2022)First quarter 2023 results: EPS: CN¥1.41 (up from CN¥1.17 in 1Q 2022). Revenue: CN¥2.10b (up 12% from 1Q 2022). Net income: CN¥734.6m (up 21% from 1Q 2022). Profit margin: 35% (up from 32% in 1Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 35% 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 increased by 65% per year whereas the company’s share price has increased by 64% per year.
Board Change • Jan 01High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Non-Independent Director Liming Yang was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
Reported Earnings • Oct 29Third quarter 2022 earnings released: EPS: CN¥1.14 (vs CN¥0.85 in 3Q 2021)Third quarter 2022 results: EPS: CN¥1.14 (up from CN¥0.85 in 3Q 2021). Revenue: CN¥1.87b (up 30% from 3Q 2021). Net income: CN¥590.7m (up 34% from 3Q 2021). Profit margin: 32% (in line with 3Q 2021). 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. Over the last 3 years on average, earnings per share has increased by 74% per year but the company’s share price has increased by 102% per year, which means it is tracking significantly ahead of earnings growth.
Reported Earnings • Aug 27Second quarter 2022 earnings released: EPS: CN¥1.29 (vs CN¥0.52 in 2Q 2021)Second quarter 2022 results: EPS: CN¥1.29 (up from CN¥0.52 in 2Q 2021). Revenue: CN¥1.95b (up 29% from 2Q 2021). Net income: CN¥665.6m (up 148% from 2Q 2021). Profit margin: 34% (up from 18% in 2Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 27%, compared to a 27% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has increased by 72% per year but the company’s share price has increased by 91% per year, which means it is tracking significantly ahead of earnings growth.
Reported Earnings • Apr 30First quarter 2022 earnings released: EPS: CN¥1.17 (vs CN¥0.48 in 1Q 2021)First quarter 2022 results: EPS: CN¥1.17 (up from CN¥0.48 in 1Q 2021). Revenue: CN¥1.89b (up 44% from 1Q 2021). Net income: CN¥607.3m (up 146% from 1Q 2021). Profit margin: 32% (up from 19% in 1Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 20%, compared to a 25% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has increased by 65% per year but the company’s share price has increased by 89% per year, which means it is tracking significantly ahead of earnings growth.
Reported Earnings • Mar 11Full year 2021 earnings: EPS in line with analyst expectations despite revenue beatFull year 2021 results: EPS: CN¥2.90 (up from CN¥1.18 in FY 2020). Revenue: CN¥5.66b (up 43% from FY 2020). Net income: CN¥1.49b (up 147% from FY 2020). Profit margin: 26% (up from 15% in FY 2020). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.3%. Over the next year, revenue is forecast to grow 31%, compared to a 32% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has increased by 56% per year but the company’s share price has increased by 95% per year, which means it is tracking significantly ahead of earnings growth.
Board Change • Jan 02High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Independent Director Chuanli Yu was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
Reported Earnings • Oct 25Third quarter 2021 earnings released: EPS CN¥0.85 (vs CN¥0.24 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: CN¥1.43b (up 37% from 3Q 2020). Net income: CN¥440.3m (up 258% from 3Q 2020). Profit margin: 31% (up from 12% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 46% per year but the company’s share price has increased by 110% per year, which means it is tracking significantly ahead of earnings growth.
Reported Earnings • Aug 29Second quarter 2021 earnings released: EPS CN¥0.52 (vs CN¥0.24 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CN¥1.51b (up 33% from 2Q 2020). Net income: CN¥268.7m (up 115% from 2Q 2020). Profit margin: 18% (up from 11% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has increased by 98% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • Aug 24Investor sentiment improved over the past weekAfter last week's 16% share price gain to CN¥102, the stock trades at a forward P/E ratio of 49x. Average forward P/E is 32x in the Communications industry in China. Total returns to shareholders of 702% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥62.02 per share.
Valuation Update With 7 Day Price Move • Jul 18Investor sentiment improved over the past weekAfter last week's 17% share price gain to CN¥73.00, the stock trades at a forward P/E ratio of 36x. Average forward P/E is 29x in the Communications industry in China. Total returns to shareholders of 425% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥63.17 per share.
Reported Earnings • May 02First quarter 2021 earnings released: EPS CN¥0.48 (vs CN¥0.21 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: CN¥1.31b (up 47% from 1Q 2020). Net income: CN¥246.7m (up 123% from 1Q 2020). Profit margin: 19% (up from 13% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has increased by 48% per year, which means it is tracking significantly ahead of earnings growth.
Reported Earnings • Apr 12Full year 2020 earnings released: EPS CN¥1.18 (vs CN¥0.53 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: CN¥3.95b (up 19% from FY 2019). Net income: CN¥605.6m (up 124% from FY 2019). Profit margin: 15% (up from 8.2% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has increased by 61% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • Mar 10Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to CN¥48.77, the stock is trading at a trailing P/E ratio of 75.8x, down from the previous P/E ratio of 89.4x. This compares to an average P/E of 48x in the Communications industry in China. Total returns to shareholders over the past three years are 277%.
Is New 90 Day High Low • Jan 28New 90-day high: CN¥65.78The company is up 58% from its price of CN¥41.75 on 30 October 2020. The Chinese market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Communications industry, which is down 9.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥2.74 per share.
Is New 90 Day High Low • Dec 22New 90-day high: CN¥50.36The company is up 9.0% from its price of CN¥46.00 on 24 September 2020. The Chinese market is up 5.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Communications industry, which is down 8.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥1.88 per share.
Reported Earnings • Oct 29Third quarter earnings releasedOver the last 12 months the company has reported total profits of CN¥307.8m, down 16% from the prior year. Total revenue was CN¥3.38b over the last 12 months, down 16% from the prior year.
