View ValuationGRG Banking Equipment 将来の成長Future 基準チェック /16GRG Banking Equipment利益と収益がそれぞれ年間17.6%と12.4%増加すると予測されています。EPS は年間 増加すると予想されています。自己資本利益率は 3 年後に8.5% 15.4%なると予測されています。主要情報17.6%収益成長率15.35%EPS成長率Tech 収益成長16.2%収益成長率12.4%将来の株主資本利益率8.49%アナリストカバレッジLow最終更新日27 Apr 2026今後の成長に関する最新情報更新なしすべての更新を表示Recent updatesDeclared Dividend • 21hDividend of CN¥0.20 announcedShareholders will receive a dividend of CN¥0.20. Ex-date: 28th May 2026 Payment date: 28th May 2026 Dividend yield will be 3.3%, which is higher than the industry average of 1.3%. Sustainability & Growth Dividend is not covered by earnings (109% earnings payout ratio) nor is it adequately covered by cash flows (100% cash payout ratio). The dividend has increased by an average of 16% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 21% to bring the payout ratio under control. EPS is expected to grow by 53% over the next 3 years, which is sufficient to bring the dividend into a sustainable range.Board Change • May 20High number of new and inexperienced directorsThere are 7 new directors who have joined the board in the last 3 years. The company's board is composed of: 7 new directors. 3 experienced directors. 1 highly experienced director. Chairman Jian Liang Chen is the most experienced director on the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.お知らせ • Mar 31GRG Banking Equipment Co., Ltd. to Report Q1, 2026 Results on Apr 25, 2026GRG Banking Equipment Co., Ltd. announced that they will report Q1, 2026 results on Apr 25, 2026お知らせ • Mar 28GRG Banking Equipment Co., Ltd., Annual General Meeting, Apr 17, 2026GRG Banking Equipment Co., Ltd., Annual General Meeting, Apr 17, 2026, at 15:30 China Standard Time. Location: The Company's Meeting Room, Guangzhou, Guangdong Chinaお知らせ • Dec 31GRG Banking Equipment Co., Ltd. to Report Fiscal Year 2025 Results on Mar 28, 2026GRG Banking Equipment Co., Ltd. announced that they will report fiscal year 2025 results on Mar 28, 2026お知らせ • Nov 19Grg Banking Equipment Co., Ltd. Approves Interim Profit Distribution Plan as Cash Dividend for 2025GRG Banking Equipment Co., Ltd. at its EGM, held on 17 November 2025, approved 2025 interim profit distribution plan as Cash dividend of CNY 1.70000000 per 10 shares (tax included).お知らせ • Nov 01GRG Banking Equipment Co., Ltd. Proposes Interim Profit Distribution Plan as Cash Dividend for 2025GRG Banking Equipment Co., Ltd. at its EGM, held on 17 November 2025, proposed 2025 interim profit distribution plan as Cash dividend of CNY 1.70000000 per 10 shares (tax included).お知らせ • Sep 30GRG Banking Equipment Co., Ltd. to Report Q3, 2025 Results on Oct 31, 2025GRG Banking Equipment Co., Ltd. announced that they will report Q3, 2025 results on Oct 31, 2025お知らせ • Jul 02GRG Banking Equipment Co., Ltd. to Report First Half, 2025 Results on Aug 29, 2025GRG Banking Equipment Co., Ltd. announced that they will report first half, 2025 results on Aug 29, 2025お知らせ • Apr 22GRG Banking Equipment Co., Ltd. Approves Cash Dividend for 2024GRG Banking Equipment Co., Ltd. at its Annual General Meeting of 2024, held on 18 April 2025, approved the profit distribution proposal for 2024 of CNY 2.00000000 per 10 shares (tax included) as Cash dividend.お知らせ • Apr 01Grg Banking Equipment Co., Ltd. Proposes Final Cash Distribution for 2024GRG Banking Equipment Co., Ltd. announced on 31 March 2025 the profit distribution proposal for 2024 as Cash dividend/10 shares (tax included): CNY 2.00000000.お知らせ • Mar 31GRG Banking Equipment Co., Ltd. to Report Q1, 2025 Results on Apr 26, 2025GRG Banking Equipment Co., Ltd. announced that they will report Q1, 2025 results on Apr 26, 2025お知らせ • Mar 29GRG Banking Equipment Co., Ltd., Annual General Meeting, Apr 18, 2025GRG Banking Equipment Co., Ltd., Annual General Meeting, Apr 18, 2025, at 15:30 China Standard Time. Location: The Company's Meeting Room, Guangzhou, Guangdong Chinaお知らせ • Dec 31GRG Banking Equipment Co., Ltd. to Report Fiscal Year 2024 Results on Mar 29, 2025GRG Banking Equipment Co., Ltd. announced that they will report fiscal year 2024 results on Mar 29, 2025Reported Earnings • Oct 31Third quarter 2024 earnings released: EPS: CN¥0.07 (vs CN¥0.11 in 3Q 2023)Third quarter 2024 results: EPS: CN¥0.07 (down from CN¥0.11 in 3Q 2023). Revenue: CN¥2.41b (up 14% from 3Q 2023). Net income: CN¥174.6m (down 37% from 3Q 2023). Profit margin: 7.2% (down from 13% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Tech industry in China. Over the last 3 years on average, earnings per share has increased by 5% per year whereas the company’s share price has increased by 6% per year.Valuation Update With 7 Day Price Move • Sep 30Investor sentiment improves as stock rises 23%After last week's 23% share price gain to CN¥11.70, the stock trades at a forward P/E ratio of 25x. Average forward P/E is 23x in the Tech industry in China. Total returns to shareholders of 26% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥6.63 per share.お知らせ • Sep 30GRG Banking Equipment Co., Ltd. to Report Q3, 2024 Results on Oct 31, 2024GRG Banking Equipment Co., Ltd. announced that they will report Q3, 2024 results on Oct 31, 2024Reported Earnings • Aug 31Second quarter 2024 earnings released: EPS: CN¥0.10 (vs CN¥0.091 in 2Q 2023)Second quarter 2024 results: EPS: CN¥0.10 (up from CN¥0.091 in 2Q 2023). Revenue: CN¥2.70b (up 25% from 2Q 2023). Net income: CN¥251.1m (up 5.6% from 2Q 2023). Profit margin: 9.3% (down from 11% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Tech industry in China. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.お知らせ • Jun 29GRG Banking Equipment Co., Ltd. to Report First Half, 2024 Results on Aug 30, 2024GRG Banking Equipment Co., Ltd. announced that they will report first half, 2024 results on Aug 30, 2024お知らせ • Jun 01GRG Banking Equipment Co., Ltd. (SZSE:002152) agreed to acquire 10% stake in Guangzhou Wuzhou Technology Co., Ltd. from Liu Ying for CNY 57 million.GRG Banking Equipment Co., Ltd. (SZSE:002152) agreed to acquire 10% stake in Guangzhou Wuzhou Technology Co., Ltd. from Liu Ying for CNY 57 million on May 29, 2024. As part of the transaction, GRG will acquire 12.6 million shares at a a price of CNY 4.5170 per share. Upon completion of this transaction, GRG will hold 26.23% stake in Guangzhou Wuzhou. GRG will fund the transaction from its own funds. The board of GRG approved the transaction.Declared Dividend • May 25Dividend of CN¥0.20 announcedDividend of CN¥0.20 is the same as last year. Ex-date: 30th May 2024 Payment date: 30th May 2024 Dividend yield will be 1.8%, which is higher than the industry average of 1.3%. Sustainability & Growth Dividend is covered by both earnings (51% earnings payout ratio) and cash flows (41% cash payout ratio). The dividend has increased by an average of 10% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 57% over the next 3 years, which should provide support to the dividend and adequate earnings cover.お知らせ • May 25GRG Banking Equipment Co., Ltd. Announces Final Cash Dividend on A Shares for the Year 2023, Payable on 30 May 2024GRG Banking Equipment Co., Ltd. announced final cash dividend/10 shares (tax included) of CNY 2.00000000 on A shares for the year 2023. Record date: 29 May 2024. Ex-date: 30 May 2024. Payment date: 30 May 2024.Reported Earnings • Mar 31Full year 2023 earnings released: EPS: CN¥0.39 (vs CN¥0.33 in FY 2022)Full year 2023 results: EPS: CN¥0.39 (up from CN¥0.33 in FY 2022). Revenue: CN¥9.04b (up 20% from FY 2022). Net income: CN¥976.9m (up 18% from FY 2022). Profit margin: 11% (in line with FY 2022). Revenue is forecast to grow 9.6% p.a. on average during the next 2 years, compared to a 17% growth forecast for the Tech industry in China. Over the last 3 years on average, earnings per share has increased by 6% per year whereas the company’s share price has increased by 2% per year.お知らせ • Mar 30+ 1 more updateGRG Banking Equipment Co., Ltd., Annual General Meeting, Apr 19, 2024GRG Banking Equipment Co., Ltd., Annual General Meeting, Apr 19, 2024, at 15:30 China Standard Time. Location: The Company's Meeting Room, Guangzhou, Guangdong ChinaBuy Or Sell Opportunity • Mar 19Now 21% undervaluedOver the last 90 days, the stock has risen 1.1% to CN¥12.43. The fair value is estimated to be CN¥15.64, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Earnings per share has grown by 5.8%. Revenue is forecast to grow by 35% in 2 years. Earnings are forecast to grow by 35% in the next 2 years.Reported Earnings • Feb 28Full year 2023 earnings released: EPS: CN¥0.39 (vs CN¥0.33 in FY 2022)Full year 2023 results: EPS: CN¥0.39 (up from CN¥0.33 in FY 2022). Revenue: CN¥9.04b (up 20% from FY 2022). Net income: CN¥979.5m (up 18% from FY 2022). Profit margin: 11% (in line with FY 2022). Revenue is forecast to grow 15% p.a. on average during the next 2 years, compared to a 18% growth forecast for the Tech industry in China. Over the last 3 years on average, earnings per share has increased by 6% per year whereas the company’s share price has increased by 3% per year.Buy Or Sell Opportunity • Feb 08Now 22% overvaluedOver the last 90 days, the stock has fallen 11% to CN¥10.65. The fair value is estimated to be CN¥8.74, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 9.1% over the last 3 years. Earnings per share has grown by 5.5%. Revenue is forecast to grow by 42% in 2 years. Earnings are forecast to grow by 41% in the next 2 years.Valuation Update With 7 Day Price Move • Feb 05Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to CN¥8.61, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 19x in the Tech industry in China. Total returns to shareholders of 2.1% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥8.17 per share.Buy Or Sell Opportunity • Jan 24Now 22% overvaluedOver the last 90 days, the stock has fallen 16% to CN¥9.97. The fair value is estimated to be CN¥8.20, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 9.1% over the last 3 years. Earnings per share has grown by 5.5%. Revenue is forecast to grow by 42% in 2 years. Earnings are forecast to grow by 41% in the next 2 years.お知らせ • Dec 30GRG Banking Equipment Co., Ltd. to Report Fiscal Year 2023 Results on Mar 30, 2024GRG Banking Equipment Co., Ltd. announced that they will report fiscal year 2023 results on Mar 30, 2024お知らせ • Dec 27GRG Banking Equipment Co., Ltd. Announces Director AppointmentsGRG Banking Equipment Co., Ltd. announced that at its Extraordinary General Meeting held on 25 December 2023, approved the election of Deng Jiaqing, Zhao Qian as non-independent directors; and Huang Shuping as independent director.Reported Earnings • Nov 01Third quarter 2023 earnings released: EPS: CN¥0.11 (vs CN¥0.099 in 3Q 2022)Third quarter 2023 results: EPS: CN¥0.11 (up from CN¥0.099 in 3Q 2022). Revenue: CN¥2.11b (up 25% from 3Q 2022). Net income: CN¥278.8m (up 9.5% from 3Q 2022). Profit margin: 13% (down from 15% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Tech industry in China. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.Board Change • Oct 08Less than half of directors are independentThere are 5 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 5 independent directors. 6 non-independent directors. Independent Director Guochang Liu was the last independent 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: Minority of independent directors. Lack of board continuity.お知らせ • Sep 29GRG Banking Equipment Co., Ltd. Announces Executive AppointmentsGRG Banking Equipment Co., Ltd. at the Extraordinary General Meeting of 2023 on 27 September 2023 approved by-election of Huang Jiyuan as a director and election of Chen Rong as a supervisor.Reported Earnings • Aug 30Second quarter 2023 earnings released: EPS: CN¥0.091 (vs CN¥0.08 in 2Q 2022)Second quarter 2023 results: EPS: CN¥0.091 (up from CN¥0.08 in 2Q 2022). Revenue: CN¥2.16b (up 28% from 2Q 2022). Net income: CN¥237.7m (up 27% from 2Q 2022). Profit margin: 11% (in line with 2Q 2022). Revenue is forecast to grow 6.2% p.a. on average during the next 3 years, compared to a 17% growth forecast for the Tech industry in China. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.お知らせ • Aug 19Grg Banking Equipment Co., Ltd. Approves Election of Liu Guochang as an Independent DirectorGRG Banking Equipment Co., Ltd. at its 1st Extraordinary General Meeting of 2023 on 17 August 2023, during which the company approved election of Liu Guochang as an independent director.お知らせ • Aug 04GRG Banking Equipment Co., Ltd. (SZSE:002152) agreed to acquire Guangzhou GRG International Trading Co., Ltd. from Guangzhou GRG Pingyun Capital Management Co., Ltd. CNY 69 million.GRG Banking Equipment Co., Ltd. (SZSE:002152) agreed to acquire Guangzhou GRG International Trading Co., Ltd. from Guangzhou GRG Pingyun Capital Management Co., Ltd. CNY 69 million on July 31, 2023. As of May 31, 2023, Guangzhou GRG International Trading Co., Ltd reported total assets of CNY 910 million and net assets of CNY 25.9 million. The deal has been approved by board of directors of GRG Banking Equipment Co., Ltd.Board Change • Aug 04Less than half of directors are independentFollowing the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent Director Jin Yi Li was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.お知らせ • Jun 03Grg Banking Equipment Co., Ltd. Announces 2022 Final Profit Distribution Plan to Be Implemented (A Shares), Payment Date: 09 June 2023GRG Banking Equipment Co., Ltd. announced 2022 final profit distribution plan to be implemented (A shares): Cash dividend/10 shares (tax included): CNY 2.00000000, Record date: 08 June 2023, Ex-date: 09 June 2023 and Payment date: 09 June 2023.Reported Earnings • Apr 26First quarter 2023 earnings released: EPS: CN¥0.10 (vs CN¥0.09 in 1Q 2022)First quarter 2023 results: EPS: CN¥0.10 (up from CN¥0.09 in 1Q 2022). Revenue: CN¥1.47b (up 5.1% from 1Q 2022). Net income: CN¥235.9m (up 4.9% from 1Q 2022). Profit margin: 16% (in line with 1Q 2022). Revenue is forecast to grow 7.7% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Tech industry in China. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.Board Change • Nov 16High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Independent Director Jin Yi Li was the last director to join the board, commencing their role in 2020. 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¥0.099 (vs CN¥0.11 in 3Q 2021)Third quarter 2022 results: EPS: CN¥0.099. Revenue: CN¥1.69b (up 9.6% from 3Q 2021). Net income: CN¥254.7m (up 10% from 3Q 2021). Profit margin: 15% (in line with 3Q 2021). Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 17% growth forecast for the Tech industry in China.Reported Earnings • Aug 29Second quarter 2022 earnings released: EPS: CN¥0.08 (vs CN¥0.075 in 2Q 2021)Second quarter 2022 results: EPS: CN¥0.08 (up from CN¥0.075 in 2Q 2021). Revenue: CN¥1.69b (up 15% from 2Q 2021). Net income: CN¥187.7m (up 9.0% from 2Q 2021). Profit margin: 11% (in line with 2Q 2021). Over the next year, revenue is forecast to grow 10%, compared to a 25% growth forecast for the Tech industry in China. Over the last 3 years on average, earnings per share has increased by 7% per year whereas the company’s share price has increased by 8% per year.Reported Earnings • Apr 29First quarter 2022 earnings released: EPS: CN¥0.09 (vs CN¥0.08 in 1Q 2021)First quarter 2022 results: EPS: CN¥0.09 (up from CN¥0.08 in 1Q 2021). Revenue: CN¥1.40b (up 11% from 1Q 2021). Net income: CN¥224.9m (up 11% from 1Q 2021). Profit margin: 16% (in line with 1Q 2021). Over the next year, revenue is forecast to grow 9.4%, compared to a 20% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has increased by 7% per year whereas the company’s share price has increased by 6% per year.Board Change • Apr 27High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Independent Director Jin Yi Li was the last director to join the board, commencing their role in 2020. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.Reported Earnings • Apr 02Full year 2021 earnings released: EPS: CN¥0.33 (vs CN¥0.29 in FY 2020)Full year 2021 results: EPS: CN¥0.33 (up from CN¥0.29 in FY 2020). Revenue: CN¥6.78b (up 5.8% from FY 2020). Net income: CN¥806.5m (up 15% from FY 2020). Profit margin: 12% (up from 11% in FY 2020). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 9.9%, compared to a 23% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has increased by 6% per year whereas the company’s share price has increased by 10% per year.Board Change • Mar 21High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Independent Director Jin Yi Li was the last director to join the board, commencing their role in 2020. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.Reported Earnings • Feb 28Full year 2021 earnings: EPS in line with expectations, revenues disappointFull year 2021 results: EPS: CN¥0.33 (up from CN¥0.29 in FY 2020). Revenue: CN¥6.78b (up 5.8% from FY 2020). Net income: CN¥806.5m (up 15% from FY 2020). Profit margin: 12% (up from 11% in FY 2020). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 5.1%. Over the next year, revenue is forecast to grow 23%, compared to a 26% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has increased by 21% per year, which means it is tracking significantly ahead of earnings growth.Reported Earnings • Oct 23Third quarter 2021 earnings released: EPS CN¥0.11 (vs CN¥0.07 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: CN¥1.54b (up 6.7% from 3Q 2020). Net income: CN¥230.8m (up 47% from 3Q 2020). Profit margin: 15% (up from 11% 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 5% per year but the company’s share price has increased by 19% per year, which means it is tracking significantly ahead of earnings growth.Reported Earnings • Aug 28Second quarter 2021 earnings released: EPS CN¥0.08 (vs CN¥0.07 in 2Q 2020)The company reported a solid second quarter result with improved earnings and revenues, although profit margins were flat. Second quarter 2021 results: Revenue: CN¥1.47b (up 10% from 2Q 2020). Net income: CN¥172.2m (up 3.9% from 2Q 2020). Profit margin: 12% (in line with 2Q 2020). Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 23% per year, which means it is tracking significantly ahead of earnings growth.Reported Earnings • Apr 28First quarter 2021 earnings released: EPS CN¥0.08 (vs CN¥0.06 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: CN¥1.27b (up 11% from 1Q 2020). Net income: CN¥202.4m (up 41% from 1Q 2020). Profit margin: 16% (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 remained flat but the company’s share price has increased by 20% per year, which means it is well ahead of earnings.Reported Earnings • Apr 03Full year 2020 earnings released: EPS CN¥0.29 (vs CN¥0.31 in FY 2019)The company reported a poor full year result with weaker earnings and revenues, although profit margins were flat. Full year 2020 results: Revenue: CN¥6.41b (down 1.3% from FY 2019). Net income: CN¥700.4m (down 7.6% from FY 2019). Profit margin: 11% (in line with FY 2019). Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 17% per year, which means it is well ahead of earnings.Valuation Update With 7 Day Price Move • Mar 26Investor sentiment improved over the past weekAfter last week's 24% share price gain to CN¥11.31, the stock trades at a forward P/E ratio of 30x. Average forward P/E is 26x in the Tech industry in China. Total returns to shareholders of 68% over the past three years.Reported Earnings • Mar 04Full year 2020 earnings released: EPS CN¥0.29 (vs CN¥0.32 in FY 2019)The company reported a poor full year result with weaker earnings and revenues, although profit margins were flat. Full year 2020 results: Revenue: CN¥6.41b (down 1.3% from FY 2019). Net income: CN¥700.0m (down 7.6% from FY 2019). Profit margin: 11% (in line with FY 2019). Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 13% per year, which means it is well ahead of earnings.Analyst Estimate Surprise Post Earnings • Mar 04Revenue misses expectationsRevenue missed analyst estimates by 1.1%. Over the next year, revenue is forecast to grow 16%, compared to a 35% growth forecast for the Tech industry in China.Is New 90 Day High Low • Jan 22New 90-day low: CN¥9.83The company is down 20% from its price of CN¥12.29 on 23 October 2020. The Chinese market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Tech industry, which is up 10.0% over the same period.Is New 90 Day High Low • Jan 07New 90-day low: CN¥10.00The company is down 20% from its price of CN¥12.55 on 09 October 2020. The Chinese market is up 11% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Tech industry, which is up 6.0% over the same period.Is New 90 Day High Low • Dec 12New 90-day low: CN¥10.90The company is down 13% from its price of CN¥12.59 on 11 September 2020. The Chinese market is up 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Tech industry, which is up 1.0% over the same period.Is New 90 Day High Low • Oct 28New 90-day low: CN¥12.06The company is down 15% from its price of CN¥14.18 on 30 July 2020. The Chinese market is down 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Tech industry, which is down 11% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥3.03 per share.Reported Earnings • Oct 20Third quarter earnings releasedOver the last 12 months the company has reported total profits of CN¥720.5m, largely unchanged from the prior year. Total revenue was CN¥6.34b over the last 12 months, up 1.0% from the prior year.Is New 90 Day High Low • Sep 28New 90-day low: CN¥12.18The company is down 6.0% from its price of CN¥12.94 on 30 June 2020. The Chinese market is up 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Tech industry, which is up 1.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥1.09 per share.業績と収益の成長予測XSEC:002152 - アナリストの将来予測と過去の財務データ ( )CNY Millions日付収益収益フリー・キャッシュフロー営業活動によるキャッシュ平均アナリスト数12/31/202816,6531,212N/A1,106112/31/202715,8911,427N/A1,286212/31/202613,551979N/A-45413/31/202612,1178479961,325N/A12/31/202512,0558611,3621,700N/A9/30/202511,6558491,5991,906N/A6/30/202511,4358871,3211,480N/A3/31/202511,0109131,0801,207N/A12/31/202410,8669201,1231,267N/A9/30/202410,4188971,0931,253N/A6/30/202410,1141,0021,1081,345N/A3/31/20249,5759881,2181,478N/A12/31/20239,0439771,2481,503N/A9/30/20238,4889151,2641,543N/A6/30/20238,0698901,3451,597N/A3/31/20237,5998401,5201,795N/A1/1/20237,5268291,4351,738N/A9/30/20227,2898869321,260N/A6/30/20227,1428621,0021,290N/A3/31/20226,9168471,0641,308N/A12/31/20216,7828241,3281,591N/A9/30/20216,7688399511,238N/A6/30/20216,6717661,1591,530N/A3/31/20216,5377597491,451N/A12/31/20206,4117005391,222N/A9/30/20206,343721337954N/A6/30/20206,33269980683N/A3/31/20206,364702481750N/A12/31/20196,496758N/A929N/A9/30/20196,275727N/A896N/A6/30/20195,978695N/A936N/A3/31/20195,707681N/A870N/A12/31/20185,459670N/A967N/A9/30/20185,207689N/A843N/A6/30/20184,973711N/A812N/A3/31/20184,570824N/A804N/A12/31/20174,384899N/A672N/A9/30/20174,257995N/A985N/A6/30/20174,2811,020N/A936N/A3/31/20174,436930N/A946N/A12/31/20164,424844N/A1,112N/A9/30/20164,458927N/A1,456N/A6/30/20164,290910N/A1,150N/A3/31/20164,103907N/A1,147N/A12/31/20153,973898N/A858N/A9/30/20153,629845N/A769N/A6/30/20153,407828N/A950N/Aもっと見るアナリストによる今後の成長予測収入対貯蓄率: 002152の予測収益成長率 (年間17.6% ) は 貯蓄率 ( 2.4% ) を上回っています。収益対市場: 002152の収益 ( 17.6% ) CN市場 ( 27.2% ) よりも低い成長が予測されています。高成長収益: 002152の収益は増加すると予測されていますが、大幅には増加しません。収益対市場: 002152の収益 ( 12.4% ) CN市場 ( 16.2% ) よりも低い成長が予測されています。高い収益成長: 002152の収益 ( 12.4% ) 20%よりも低い成長が予測されています。一株当たり利益成長率予想将来の株主資本利益率将来のROE: 002152の 自己資本利益率 は、3年後には低くなると予測されています ( 8.5 %)。成長企業の発掘7D1Y7D1Y7D1YTech 業界の高成長企業。View Past Performance企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/24 16:33終値2026/05/22 00:00収益2026/03/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋GRG Banking Equipment Co., Ltd. 2 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。10 アナリスト機関You You LiuChina Stock Investment Research Co. Ltd. (GZ500..com)Zeyuan YangCitic Securities Co., Ltd.Junyi PuEverbright Securities Co. Ltd.7 その他のアナリストを表示
Declared Dividend • 21hDividend of CN¥0.20 announcedShareholders will receive a dividend of CN¥0.20. Ex-date: 28th May 2026 Payment date: 28th May 2026 Dividend yield will be 3.3%, which is higher than the industry average of 1.3%. Sustainability & Growth Dividend is not covered by earnings (109% earnings payout ratio) nor is it adequately covered by cash flows (100% cash payout ratio). The dividend has increased by an average of 16% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 21% to bring the payout ratio under control. EPS is expected to grow by 53% over the next 3 years, which is sufficient to bring the dividend into a sustainable range.
Board Change • May 20High number of new and inexperienced directorsThere are 7 new directors who have joined the board in the last 3 years. The company's board is composed of: 7 new directors. 3 experienced directors. 1 highly experienced director. Chairman Jian Liang Chen is the most experienced director on the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.
お知らせ • Mar 31GRG Banking Equipment Co., Ltd. to Report Q1, 2026 Results on Apr 25, 2026GRG Banking Equipment Co., Ltd. announced that they will report Q1, 2026 results on Apr 25, 2026
お知らせ • Mar 28GRG Banking Equipment Co., Ltd., Annual General Meeting, Apr 17, 2026GRG Banking Equipment Co., Ltd., Annual General Meeting, Apr 17, 2026, at 15:30 China Standard Time. Location: The Company's Meeting Room, Guangzhou, Guangdong China
お知らせ • Dec 31GRG Banking Equipment Co., Ltd. to Report Fiscal Year 2025 Results on Mar 28, 2026GRG Banking Equipment Co., Ltd. announced that they will report fiscal year 2025 results on Mar 28, 2026
お知らせ • Nov 19Grg Banking Equipment Co., Ltd. Approves Interim Profit Distribution Plan as Cash Dividend for 2025GRG Banking Equipment Co., Ltd. at its EGM, held on 17 November 2025, approved 2025 interim profit distribution plan as Cash dividend of CNY 1.70000000 per 10 shares (tax included).
お知らせ • Nov 01GRG Banking Equipment Co., Ltd. Proposes Interim Profit Distribution Plan as Cash Dividend for 2025GRG Banking Equipment Co., Ltd. at its EGM, held on 17 November 2025, proposed 2025 interim profit distribution plan as Cash dividend of CNY 1.70000000 per 10 shares (tax included).
お知らせ • Sep 30GRG Banking Equipment Co., Ltd. to Report Q3, 2025 Results on Oct 31, 2025GRG Banking Equipment Co., Ltd. announced that they will report Q3, 2025 results on Oct 31, 2025
お知らせ • Jul 02GRG Banking Equipment Co., Ltd. to Report First Half, 2025 Results on Aug 29, 2025GRG Banking Equipment Co., Ltd. announced that they will report first half, 2025 results on Aug 29, 2025
お知らせ • Apr 22GRG Banking Equipment Co., Ltd. Approves Cash Dividend for 2024GRG Banking Equipment Co., Ltd. at its Annual General Meeting of 2024, held on 18 April 2025, approved the profit distribution proposal for 2024 of CNY 2.00000000 per 10 shares (tax included) as Cash dividend.
お知らせ • Apr 01Grg Banking Equipment Co., Ltd. Proposes Final Cash Distribution for 2024GRG Banking Equipment Co., Ltd. announced on 31 March 2025 the profit distribution proposal for 2024 as Cash dividend/10 shares (tax included): CNY 2.00000000.
お知らせ • Mar 31GRG Banking Equipment Co., Ltd. to Report Q1, 2025 Results on Apr 26, 2025GRG Banking Equipment Co., Ltd. announced that they will report Q1, 2025 results on Apr 26, 2025
お知らせ • Mar 29GRG Banking Equipment Co., Ltd., Annual General Meeting, Apr 18, 2025GRG Banking Equipment Co., Ltd., Annual General Meeting, Apr 18, 2025, at 15:30 China Standard Time. Location: The Company's Meeting Room, Guangzhou, Guangdong China
お知らせ • Dec 31GRG Banking Equipment Co., Ltd. to Report Fiscal Year 2024 Results on Mar 29, 2025GRG Banking Equipment Co., Ltd. announced that they will report fiscal year 2024 results on Mar 29, 2025
Reported Earnings • Oct 31Third quarter 2024 earnings released: EPS: CN¥0.07 (vs CN¥0.11 in 3Q 2023)Third quarter 2024 results: EPS: CN¥0.07 (down from CN¥0.11 in 3Q 2023). Revenue: CN¥2.41b (up 14% from 3Q 2023). Net income: CN¥174.6m (down 37% from 3Q 2023). Profit margin: 7.2% (down from 13% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Tech industry in China. Over the last 3 years on average, earnings per share has increased by 5% per year whereas the company’s share price has increased by 6% per year.
Valuation Update With 7 Day Price Move • Sep 30Investor sentiment improves as stock rises 23%After last week's 23% share price gain to CN¥11.70, the stock trades at a forward P/E ratio of 25x. Average forward P/E is 23x in the Tech industry in China. Total returns to shareholders of 26% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥6.63 per share.
お知らせ • Sep 30GRG Banking Equipment Co., Ltd. to Report Q3, 2024 Results on Oct 31, 2024GRG Banking Equipment Co., Ltd. announced that they will report Q3, 2024 results on Oct 31, 2024
Reported Earnings • Aug 31Second quarter 2024 earnings released: EPS: CN¥0.10 (vs CN¥0.091 in 2Q 2023)Second quarter 2024 results: EPS: CN¥0.10 (up from CN¥0.091 in 2Q 2023). Revenue: CN¥2.70b (up 25% from 2Q 2023). Net income: CN¥251.1m (up 5.6% from 2Q 2023). Profit margin: 9.3% (down from 11% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Tech industry in China. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.
お知らせ • Jun 29GRG Banking Equipment Co., Ltd. to Report First Half, 2024 Results on Aug 30, 2024GRG Banking Equipment Co., Ltd. announced that they will report first half, 2024 results on Aug 30, 2024
お知らせ • Jun 01GRG Banking Equipment Co., Ltd. (SZSE:002152) agreed to acquire 10% stake in Guangzhou Wuzhou Technology Co., Ltd. from Liu Ying for CNY 57 million.GRG Banking Equipment Co., Ltd. (SZSE:002152) agreed to acquire 10% stake in Guangzhou Wuzhou Technology Co., Ltd. from Liu Ying for CNY 57 million on May 29, 2024. As part of the transaction, GRG will acquire 12.6 million shares at a a price of CNY 4.5170 per share. Upon completion of this transaction, GRG will hold 26.23% stake in Guangzhou Wuzhou. GRG will fund the transaction from its own funds. The board of GRG approved the transaction.
Declared Dividend • May 25Dividend of CN¥0.20 announcedDividend of CN¥0.20 is the same as last year. Ex-date: 30th May 2024 Payment date: 30th May 2024 Dividend yield will be 1.8%, which is higher than the industry average of 1.3%. Sustainability & Growth Dividend is covered by both earnings (51% earnings payout ratio) and cash flows (41% cash payout ratio). The dividend has increased by an average of 10% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 57% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
お知らせ • May 25GRG Banking Equipment Co., Ltd. Announces Final Cash Dividend on A Shares for the Year 2023, Payable on 30 May 2024GRG Banking Equipment Co., Ltd. announced final cash dividend/10 shares (tax included) of CNY 2.00000000 on A shares for the year 2023. Record date: 29 May 2024. Ex-date: 30 May 2024. Payment date: 30 May 2024.
Reported Earnings • Mar 31Full year 2023 earnings released: EPS: CN¥0.39 (vs CN¥0.33 in FY 2022)Full year 2023 results: EPS: CN¥0.39 (up from CN¥0.33 in FY 2022). Revenue: CN¥9.04b (up 20% from FY 2022). Net income: CN¥976.9m (up 18% from FY 2022). Profit margin: 11% (in line with FY 2022). Revenue is forecast to grow 9.6% p.a. on average during the next 2 years, compared to a 17% growth forecast for the Tech industry in China. Over the last 3 years on average, earnings per share has increased by 6% per year whereas the company’s share price has increased by 2% per year.
お知らせ • Mar 30+ 1 more updateGRG Banking Equipment Co., Ltd., Annual General Meeting, Apr 19, 2024GRG Banking Equipment Co., Ltd., Annual General Meeting, Apr 19, 2024, at 15:30 China Standard Time. Location: The Company's Meeting Room, Guangzhou, Guangdong China
Buy Or Sell Opportunity • Mar 19Now 21% undervaluedOver the last 90 days, the stock has risen 1.1% to CN¥12.43. The fair value is estimated to be CN¥15.64, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Earnings per share has grown by 5.8%. Revenue is forecast to grow by 35% in 2 years. Earnings are forecast to grow by 35% in the next 2 years.
Reported Earnings • Feb 28Full year 2023 earnings released: EPS: CN¥0.39 (vs CN¥0.33 in FY 2022)Full year 2023 results: EPS: CN¥0.39 (up from CN¥0.33 in FY 2022). Revenue: CN¥9.04b (up 20% from FY 2022). Net income: CN¥979.5m (up 18% from FY 2022). Profit margin: 11% (in line with FY 2022). Revenue is forecast to grow 15% p.a. on average during the next 2 years, compared to a 18% growth forecast for the Tech industry in China. Over the last 3 years on average, earnings per share has increased by 6% per year whereas the company’s share price has increased by 3% per year.
Buy Or Sell Opportunity • Feb 08Now 22% overvaluedOver the last 90 days, the stock has fallen 11% to CN¥10.65. The fair value is estimated to be CN¥8.74, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 9.1% over the last 3 years. Earnings per share has grown by 5.5%. Revenue is forecast to grow by 42% in 2 years. Earnings are forecast to grow by 41% in the next 2 years.
Valuation Update With 7 Day Price Move • Feb 05Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to CN¥8.61, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 19x in the Tech industry in China. Total returns to shareholders of 2.1% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥8.17 per share.
Buy Or Sell Opportunity • Jan 24Now 22% overvaluedOver the last 90 days, the stock has fallen 16% to CN¥9.97. The fair value is estimated to be CN¥8.20, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 9.1% over the last 3 years. Earnings per share has grown by 5.5%. Revenue is forecast to grow by 42% in 2 years. Earnings are forecast to grow by 41% in the next 2 years.
お知らせ • Dec 30GRG Banking Equipment Co., Ltd. to Report Fiscal Year 2023 Results on Mar 30, 2024GRG Banking Equipment Co., Ltd. announced that they will report fiscal year 2023 results on Mar 30, 2024
お知らせ • Dec 27GRG Banking Equipment Co., Ltd. Announces Director AppointmentsGRG Banking Equipment Co., Ltd. announced that at its Extraordinary General Meeting held on 25 December 2023, approved the election of Deng Jiaqing, Zhao Qian as non-independent directors; and Huang Shuping as independent director.
Reported Earnings • Nov 01Third quarter 2023 earnings released: EPS: CN¥0.11 (vs CN¥0.099 in 3Q 2022)Third quarter 2023 results: EPS: CN¥0.11 (up from CN¥0.099 in 3Q 2022). Revenue: CN¥2.11b (up 25% from 3Q 2022). Net income: CN¥278.8m (up 9.5% from 3Q 2022). Profit margin: 13% (down from 15% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Tech industry in China. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.
Board Change • Oct 08Less than half of directors are independentThere are 5 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 5 independent directors. 6 non-independent directors. Independent Director Guochang Liu was the last independent 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: Minority of independent directors. Lack of board continuity.
お知らせ • Sep 29GRG Banking Equipment Co., Ltd. Announces Executive AppointmentsGRG Banking Equipment Co., Ltd. at the Extraordinary General Meeting of 2023 on 27 September 2023 approved by-election of Huang Jiyuan as a director and election of Chen Rong as a supervisor.
Reported Earnings • Aug 30Second quarter 2023 earnings released: EPS: CN¥0.091 (vs CN¥0.08 in 2Q 2022)Second quarter 2023 results: EPS: CN¥0.091 (up from CN¥0.08 in 2Q 2022). Revenue: CN¥2.16b (up 28% from 2Q 2022). Net income: CN¥237.7m (up 27% from 2Q 2022). Profit margin: 11% (in line with 2Q 2022). Revenue is forecast to grow 6.2% p.a. on average during the next 3 years, compared to a 17% growth forecast for the Tech industry in China. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.
お知らせ • Aug 19Grg Banking Equipment Co., Ltd. Approves Election of Liu Guochang as an Independent DirectorGRG Banking Equipment Co., Ltd. at its 1st Extraordinary General Meeting of 2023 on 17 August 2023, during which the company approved election of Liu Guochang as an independent director.
お知らせ • Aug 04GRG Banking Equipment Co., Ltd. (SZSE:002152) agreed to acquire Guangzhou GRG International Trading Co., Ltd. from Guangzhou GRG Pingyun Capital Management Co., Ltd. CNY 69 million.GRG Banking Equipment Co., Ltd. (SZSE:002152) agreed to acquire Guangzhou GRG International Trading Co., Ltd. from Guangzhou GRG Pingyun Capital Management Co., Ltd. CNY 69 million on July 31, 2023. As of May 31, 2023, Guangzhou GRG International Trading Co., Ltd reported total assets of CNY 910 million and net assets of CNY 25.9 million. The deal has been approved by board of directors of GRG Banking Equipment Co., Ltd.
Board Change • Aug 04Less than half of directors are independentFollowing the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent Director Jin Yi Li was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
お知らせ • Jun 03Grg Banking Equipment Co., Ltd. Announces 2022 Final Profit Distribution Plan to Be Implemented (A Shares), Payment Date: 09 June 2023GRG Banking Equipment Co., Ltd. announced 2022 final profit distribution plan to be implemented (A shares): Cash dividend/10 shares (tax included): CNY 2.00000000, Record date: 08 June 2023, Ex-date: 09 June 2023 and Payment date: 09 June 2023.
Reported Earnings • Apr 26First quarter 2023 earnings released: EPS: CN¥0.10 (vs CN¥0.09 in 1Q 2022)First quarter 2023 results: EPS: CN¥0.10 (up from CN¥0.09 in 1Q 2022). Revenue: CN¥1.47b (up 5.1% from 1Q 2022). Net income: CN¥235.9m (up 4.9% from 1Q 2022). Profit margin: 16% (in line with 1Q 2022). Revenue is forecast to grow 7.7% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Tech industry in China. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.
Board Change • Nov 16High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Independent Director Jin Yi Li was the last director to join the board, commencing their role in 2020. 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¥0.099 (vs CN¥0.11 in 3Q 2021)Third quarter 2022 results: EPS: CN¥0.099. Revenue: CN¥1.69b (up 9.6% from 3Q 2021). Net income: CN¥254.7m (up 10% from 3Q 2021). Profit margin: 15% (in line with 3Q 2021). Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 17% growth forecast for the Tech industry in China.
Reported Earnings • Aug 29Second quarter 2022 earnings released: EPS: CN¥0.08 (vs CN¥0.075 in 2Q 2021)Second quarter 2022 results: EPS: CN¥0.08 (up from CN¥0.075 in 2Q 2021). Revenue: CN¥1.69b (up 15% from 2Q 2021). Net income: CN¥187.7m (up 9.0% from 2Q 2021). Profit margin: 11% (in line with 2Q 2021). Over the next year, revenue is forecast to grow 10%, compared to a 25% growth forecast for the Tech industry in China. Over the last 3 years on average, earnings per share has increased by 7% per year whereas the company’s share price has increased by 8% per year.
Reported Earnings • Apr 29First quarter 2022 earnings released: EPS: CN¥0.09 (vs CN¥0.08 in 1Q 2021)First quarter 2022 results: EPS: CN¥0.09 (up from CN¥0.08 in 1Q 2021). Revenue: CN¥1.40b (up 11% from 1Q 2021). Net income: CN¥224.9m (up 11% from 1Q 2021). Profit margin: 16% (in line with 1Q 2021). Over the next year, revenue is forecast to grow 9.4%, compared to a 20% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has increased by 7% per year whereas the company’s share price has increased by 6% per year.
Board Change • Apr 27High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Independent Director Jin Yi Li was the last director to join the board, commencing their role in 2020. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
Reported Earnings • Apr 02Full year 2021 earnings released: EPS: CN¥0.33 (vs CN¥0.29 in FY 2020)Full year 2021 results: EPS: CN¥0.33 (up from CN¥0.29 in FY 2020). Revenue: CN¥6.78b (up 5.8% from FY 2020). Net income: CN¥806.5m (up 15% from FY 2020). Profit margin: 12% (up from 11% in FY 2020). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 9.9%, compared to a 23% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has increased by 6% per year whereas the company’s share price has increased by 10% per year.
Board Change • Mar 21High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Independent Director Jin Yi Li was the last director to join the board, commencing their role in 2020. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
Reported Earnings • Feb 28Full year 2021 earnings: EPS in line with expectations, revenues disappointFull year 2021 results: EPS: CN¥0.33 (up from CN¥0.29 in FY 2020). Revenue: CN¥6.78b (up 5.8% from FY 2020). Net income: CN¥806.5m (up 15% from FY 2020). Profit margin: 12% (up from 11% in FY 2020). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 5.1%. Over the next year, revenue is forecast to grow 23%, compared to a 26% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has increased by 21% per year, which means it is tracking significantly ahead of earnings growth.
Reported Earnings • Oct 23Third quarter 2021 earnings released: EPS CN¥0.11 (vs CN¥0.07 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: CN¥1.54b (up 6.7% from 3Q 2020). Net income: CN¥230.8m (up 47% from 3Q 2020). Profit margin: 15% (up from 11% 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 5% per year but the company’s share price has increased by 19% per year, which means it is tracking significantly ahead of earnings growth.
Reported Earnings • Aug 28Second quarter 2021 earnings released: EPS CN¥0.08 (vs CN¥0.07 in 2Q 2020)The company reported a solid second quarter result with improved earnings and revenues, although profit margins were flat. Second quarter 2021 results: Revenue: CN¥1.47b (up 10% from 2Q 2020). Net income: CN¥172.2m (up 3.9% from 2Q 2020). Profit margin: 12% (in line with 2Q 2020). Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 23% per year, which means it is tracking significantly ahead of earnings growth.
Reported Earnings • Apr 28First quarter 2021 earnings released: EPS CN¥0.08 (vs CN¥0.06 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: CN¥1.27b (up 11% from 1Q 2020). Net income: CN¥202.4m (up 41% from 1Q 2020). Profit margin: 16% (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 remained flat but the company’s share price has increased by 20% per year, which means it is well ahead of earnings.
Reported Earnings • Apr 03Full year 2020 earnings released: EPS CN¥0.29 (vs CN¥0.31 in FY 2019)The company reported a poor full year result with weaker earnings and revenues, although profit margins were flat. Full year 2020 results: Revenue: CN¥6.41b (down 1.3% from FY 2019). Net income: CN¥700.4m (down 7.6% from FY 2019). Profit margin: 11% (in line with FY 2019). Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 17% per year, which means it is well ahead of earnings.
Valuation Update With 7 Day Price Move • Mar 26Investor sentiment improved over the past weekAfter last week's 24% share price gain to CN¥11.31, the stock trades at a forward P/E ratio of 30x. Average forward P/E is 26x in the Tech industry in China. Total returns to shareholders of 68% over the past three years.
Reported Earnings • Mar 04Full year 2020 earnings released: EPS CN¥0.29 (vs CN¥0.32 in FY 2019)The company reported a poor full year result with weaker earnings and revenues, although profit margins were flat. Full year 2020 results: Revenue: CN¥6.41b (down 1.3% from FY 2019). Net income: CN¥700.0m (down 7.6% from FY 2019). Profit margin: 11% (in line with FY 2019). Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 13% per year, which means it is well ahead of earnings.
Analyst Estimate Surprise Post Earnings • Mar 04Revenue misses expectationsRevenue missed analyst estimates by 1.1%. Over the next year, revenue is forecast to grow 16%, compared to a 35% growth forecast for the Tech industry in China.
Is New 90 Day High Low • Jan 22New 90-day low: CN¥9.83The company is down 20% from its price of CN¥12.29 on 23 October 2020. The Chinese market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Tech industry, which is up 10.0% over the same period.
Is New 90 Day High Low • Jan 07New 90-day low: CN¥10.00The company is down 20% from its price of CN¥12.55 on 09 October 2020. The Chinese market is up 11% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Tech industry, which is up 6.0% over the same period.
Is New 90 Day High Low • Dec 12New 90-day low: CN¥10.90The company is down 13% from its price of CN¥12.59 on 11 September 2020. The Chinese market is up 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Tech industry, which is up 1.0% over the same period.
Is New 90 Day High Low • Oct 28New 90-day low: CN¥12.06The company is down 15% from its price of CN¥14.18 on 30 July 2020. The Chinese market is down 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Tech industry, which is down 11% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥3.03 per share.
Reported Earnings • Oct 20Third quarter earnings releasedOver the last 12 months the company has reported total profits of CN¥720.5m, largely unchanged from the prior year. Total revenue was CN¥6.34b over the last 12 months, up 1.0% from the prior year.
Is New 90 Day High Low • Sep 28New 90-day low: CN¥12.18The company is down 6.0% from its price of CN¥12.94 on 30 June 2020. The Chinese market is up 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Tech industry, which is up 1.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥1.09 per share.