View Financial HealthTongding Interconnection Information 配当と自社株買い配当金 基準チェック /06Tongding Interconnection Information現在配当金を支払っていません。主要情報0%配当利回り-0.06%バイバック利回り総株主利回り-0.06%将来の配当利回りn/a配当成長n/a次回配当支払日n/a配当落ち日n/a一株当たり配当金n/a配当性向0%最近の配当と自社株買いの更新更新なしすべての更新を表示Recent updatesBoard Change • May 20High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Director Bin Wang was the last director to join the board, commencing their role in 2025. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.お知らせ • Apr 28Tongding Interconnection Information Co., Ltd., Annual General Meeting, May 18, 2026Tongding Interconnection Information Co., Ltd., Annual General Meeting, May 18, 2026, at 14:30 China Standard Time. Location: The Company's Meeting Room, Suzhou, Jiangsu Chinaお知らせ • Mar 31Tongding Interconnection Information Co., Ltd. to Report Q1, 2026 Results on Apr 30, 2026Tongding Interconnection Information Co., Ltd. announced that they will report Q1, 2026 results on Apr 30, 2026お知らせ • Dec 31Tongding Interconnection Information Co., Ltd. to Report Fiscal Year 2025 Results on Apr 29, 2026Tongding Interconnection Information Co., Ltd. announced that they will report fiscal year 2025 results on Apr 29, 2026お知らせ • Sep 30Tongding Interconnection Information Co., Ltd. to Report Q3, 2025 Results on Oct 30, 2025Tongding Interconnection Information Co., Ltd. announced that they will report Q3, 2025 results on Oct 30, 2025お知らせ • Jul 02Tongding Interconnection Information Co., Ltd. to Report First Half, 2025 Results on Aug 29, 2025Tongding Interconnection Information Co., Ltd. announced that they will report first half, 2025 results on Aug 29, 2025お知らせ • May 20Tongding Interconnection Information Co., Ltd., Annual General Meeting, Jun 10, 2025Tongding Interconnection Information Co., Ltd., Annual General Meeting, Jun 10, 2025, at 14:30 China Standard Time. Location: The Company's Meeting Room, Suzhou, Jiangsu Chinaお知らせ • Mar 31Tongding Interconnection Information Co., Ltd. to Report Q1, 2025 Results on Apr 30, 2025Tongding Interconnection Information Co., Ltd. announced that they will report Q1, 2025 results on Apr 30, 2025お知らせ • Dec 31Tongding Interconnection Information Co., Ltd. to Report Fiscal Year 2024 Results on Apr 26, 2025Tongding Interconnection Information Co., Ltd. announced that they will report fiscal year 2024 results on Apr 26, 2025Reported Earnings • Oct 23Third quarter 2024 earnings released: EPS: CN¥0.038 (vs CN¥0.021 loss in 3Q 2023)Third quarter 2024 results: EPS: CN¥0.038 (up from CN¥0.021 loss in 3Q 2023). Revenue: CN¥726.1m (down 18% from 3Q 2023). Net income: CN¥47.0m (up CN¥73.2m from 3Q 2023). Profit margin: 6.5% (up from net loss in 3Q 2023). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 76% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.Buy Or Sell Opportunity • Oct 10Now 20% undervaluedOver the last 90 days, the stock has risen 16% to CN¥3.86. The fair value is estimated to be CN¥4.84, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.8% over the last 3 years. Meanwhile, the company became loss making.お知らせ • Sep 30Tongding Interconnection Information Co., Ltd. to Report Q3, 2024 Results on Oct 23, 2024Tongding Interconnection Information Co., Ltd. announced that they will report Q3, 2024 results on Oct 23, 2024Reported Earnings • Aug 31Second quarter 2024 earnings released: CN¥0.01 loss per share (vs CN¥0.092 profit in 2Q 2023)Second quarter 2024 results: CN¥0.01 loss per share (down from CN¥0.092 profit in 2Q 2023). Revenue: CN¥665.2m (down 29% from 2Q 2023). Net loss: CN¥11.7m (down 110% from profit in 2Q 2023). Over the last 3 years on average, earnings per share has increased by 53% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings.お知らせ • Jun 29Tongding Interconnection Information Co., Ltd. to Report First Half, 2024 Results on Aug 30, 2024Tongding Interconnection Information Co., Ltd. announced that they will report first half, 2024 results on Aug 30, 2024お知らせ • May 16Tongding Interconnection Information Co., Ltd., Annual General Meeting, Jun 07, 2024Tongding Interconnection Information Co., Ltd., Annual General Meeting, Jun 07, 2024, at 14:00 China Standard Time. Location: The Company's Meeting Room, Suzhou, Jiangsu ChinaNew Risk • May 03New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 49% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (2.7% net profit margin).Reported Earnings • Apr 28Full year 2023 earnings released: EPS: CN¥0.19 (vs CN¥0.10 in FY 2022)Full year 2023 results: EPS: CN¥0.19 (up from CN¥0.10 in FY 2022). Revenue: CN¥3.35b (up 1.0% from FY 2022). Net income: CN¥236.8m (up 89% from FY 2022). Profit margin: 7.1% (up from 3.8% in FY 2022). Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.お知らせ • Mar 30Tongding Interconnection Information Co., Ltd. to Report Q1, 2024 Results on Apr 30, 2024Tongding Interconnection Information Co., Ltd. announced that they will report Q1, 2024 results on Apr 30, 2024Valuation Update With 7 Day Price Move • Feb 02Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to CN¥3.97, the stock trades at a trailing P/E ratio of 19.1x. Average trailing P/E is 39x in the Communications industry in China. Total returns to shareholders of 1.3% over the past three years.Buy Or Sell Opportunity • Jan 25Now 22% overvaluedOver the last 90 days, the stock has fallen 16% to CN¥4.79. The fair value is estimated to be CN¥3.93, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company has become profitable.Board Change • Jan 01High number of new directorsThere are 7 new directors who have joined the board in the last 3 years. CFO & Director Danghan Chen was the last director to join the board, commencing their role in 2023. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.お知らせ • Dec 30Tongding Interconnection Information Co., Ltd. to Report Fiscal Year 2023 Results on Apr 27, 2024Tongding Interconnection Information Co., Ltd. announced that they will report fiscal year 2023 results on Apr 27, 2024New Risk • Aug 30New major risk - Revenue and earnings growthEarnings have declined by 4.9% 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. This is currently the only risk that has been identified for the company.New Risk • Jun 25New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Chinese stocks, typically moving 9.0% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. This is currently the only risk that has been identified for the company.お知らせ • May 23Tongding Interconnection Information Co., Ltd., Annual General Meeting, Jun 12, 2023Tongding Interconnection Information Co., Ltd., Annual General Meeting, Jun 12, 2023, at 14:00 China Standard Time. Agenda: To consider 2022 work report of the board of directors; to consider 2022 work report of the supervisory committee; to consider 2022 annual accounts; to consider 2022 profit distribution plan; to consider 2022 annual report and its summary; to consider 2023 estimated continuing connected transactions; to consider launching hedging business by the Company and wholly-owned subsidiaries in 2023; to consider financing guarantee for subsidiaries; to consider 2023 application for financing quota from financial institutions and relevant authorization; to consider reappointment of 2023 audit firm; to consider accounting policy change; and to consider any other matters.Reported Earnings • Apr 29Full year 2022 earnings released: EPS: CN¥0.10 (vs CN¥0.52 loss in FY 2021)Full year 2022 results: EPS: CN¥0.10 (up from CN¥0.52 loss in FY 2021). Revenue: CN¥3.32b (up 11% from FY 2021). Net income: CN¥125.5m (up CN¥772.2m from FY 2021). Profit margin: 3.8% (up from net loss in FY 2021). Over the last 3 years on average, earnings per share has increased by 76% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.Board Change • Nov 16High number of new and inexperienced directorsThere are 6 new directors who have joined the board in the last 3 years. The company's board is composed of: 6 new directors. 3 experienced directors. No highly experienced directors. Independent Director Zebin Wang is the most experienced director on the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.Reported Earnings • Oct 29Third quarter 2022 earnings released: EPS: CN¥0.033 (vs CN¥0.04 loss in 3Q 2021)Third quarter 2022 results: EPS: CN¥0.033 (up from CN¥0.04 loss in 3Q 2021). Revenue: CN¥919.3m (up 22% from 3Q 2021). Net income: CN¥41.4m (up CN¥90.7m from 3Q 2021). Profit margin: 4.5% (up from net loss in 3Q 2021). Over the last 3 years on average, earnings per share has increased by 45% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings.Reported Earnings • Aug 29Second quarter 2022 earnings released: CN¥0.023 loss per share (vs CN¥0.069 profit in 2Q 2021)Second quarter 2022 results: CN¥0.023 loss per share (down from CN¥0.069 profit in 2Q 2021). Revenue: CN¥824.8m (up 23% from 2Q 2021). Net loss: CN¥27.8m (down 132% from profit in 2Q 2021). Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings.Reported Earnings • Apr 29Full year 2021 earnings released: CN¥0.52 loss per share (vs CN¥0.035 profit in FY 2020)Full year 2021 results: CN¥0.52 loss per share (down from CN¥0.035 profit in FY 2020). Revenue: CN¥2.98b (down 17% from FY 2020). Net loss: CN¥646.7m (down CN¥690.3m from profit in FY 2020). Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has fallen by 26% per year, which means it is performing significantly worse than earnings.Reported Earnings • Oct 26Third quarter 2021 earnings released: CN¥0.04 loss per share (vs CN¥0.11 profit in 3Q 2020)The company reported a poor third quarter result with weaker earnings, revenues and control over costs. Third quarter 2021 results: Revenue: CN¥755.1m (down 20% from 3Q 2020). Net loss: CN¥49.4m (down 137% from profit in 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 31% per year but the company’s share price has only fallen by 15% per year, which means it has not declined as severely as earnings.Valuation Update With 7 Day Price Move • Sep 10Investor sentiment improved over the past weekAfter last week's 18% share price gain to CN¥4.46, the stock trades at a forward P/E ratio of 76x. Average forward P/E is 32x in the Communications industry in China. Total loss to shareholders of 48% over the past three years.Reported Earnings • Aug 27Second quarter 2021 earnings released: EPS CN¥0.069 (vs CN¥0.056 loss in 2Q 2020)The company reported a decent second quarter result with improved earnings and profit margins, although revenues were weaker. Second quarter 2021 results: Revenue: CN¥673.0m (down 34% from 2Q 2020). Net income: CN¥86.1m (up CN¥155.5m from 2Q 2020). Profit margin: 13% (up from net loss in 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 55% per year but the company’s share price has only fallen by 27% per year, which means it has not declined as severely as earnings.Reported Earnings • Apr 30Full year 2020 earnings released: EPS CN¥0.035 (vs CN¥1.68 loss in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: CN¥3.59b (up 1.3% from FY 2019). Net income: CN¥43.6m (up CN¥2.17b from FY 2019). Profit margin: 1.2% (up from net loss in FY 2019). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 63 percentage points per year, which is a significant difference in performance.Analyst Estimate Surprise Post Earnings • Mar 04Revenue misses expectationsRevenue missed analyst estimates by 5.7%. Over the next year, revenue is forecast to grow 18%, compared to a 32% growth forecast for the Communications industry in China.Reported Earnings • Mar 04Full year 2020 earnings released: EPS CN¥0.036 (vs CN¥1.68 loss in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: CN¥3.61b (up 1.9% from FY 2019). Net income: CN¥45.2m (up CN¥2.17b from FY 2019). Profit margin: 1.3% (up from net loss in FY 2019). The move to profitability was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 97% per year but the company’s share price has only fallen by 32% per year, which means it has not declined as severely as earnings.Is New 90 Day High Low • Jan 11New 90-day low: CN¥3.86The company is down 24% from its price of CN¥5.10 on 14 October 2020. The Chinese market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Communications industry, which is down 10.0% over the same period.Is New 90 Day High Low • Dec 24New 90-day low: CN¥3.95The company is down 22% from its price of CN¥5.07 on 25 September 2020. The Chinese market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Communications industry, which is down 7.0% over the same period.Is New 90 Day High Low • Dec 08New 90-day low: CN¥4.67The company is down 18% from its price of CN¥5.72 on 09 September 2020. The Chinese market is up 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Communications industry, which is down 8.0% over the same period.Is New 90 Day High Low • Oct 30New 90-day low: CN¥4.97The company is down 6.0% from its price of CN¥5.30 on 31 July 2020. The Chinese market is down 2.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Communications industry, which is down 9.0% over the same period.Reported Earnings • Oct 29Third quarter earnings releasedOver the last 12 months the company has reported total losses of CN¥2.19b, with earnings decreasing by CN¥2.35b from the prior year. Total revenue was CN¥3.44b over the last 12 months, down 14% from the prior year.Is New 90 Day High Low • Sep 24New 90-day low: CN¥5.08The company is down 2.0% from its price of CN¥5.17 on 24 June 2020. The Chinese market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Communications industry, which is up 1.0% over the same period.決済の安定と成長配当データの取得安定した配当: 002491の 1 株当たり配当が過去に安定していたかどうかを判断するにはデータが不十分です。増加する配当: 002491の配当金が増加しているかどうかを判断するにはデータが不十分です。配当利回り対市場Tongding Interconnection Information 配当利回り対市場002491 配当利回りは市場と比べてどうか？セグメント配当利回り会社 (002491)0%市場下位25% (CN)0.4%市場トップ25% (CN)2.0%業界平均 (Communications)0.3%アナリスト予想 (002491) (最長3年)n/a注目すべき配当: 002491は最近配当金を報告していないため、配当金支払者の下位 25% に対して同社の配当利回りを評価することはできません。高配当: 002491は最近配当金を報告していないため、配当金支払者の上位 25% に対して同社の配当利回りを評価することはできません。株主への利益配当収益カバレッジ: 002491 CN市場において目立った配当金を支払っていません。株主配当金キャッシュフローカバレッジ: 002491が配当金を報告していないため、配当金の持続可能性を計算できません。高配当企業の発掘7D1Y7D1Y7D1YCN 市場の強力な配当支払い企業。View Management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2026/05/29 21:38終値2026/05/29 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Tongding Interconnection Information 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。7 アナリスト機関Leping HuangChina International Capital Corporation LimitedLi Qian ZhouEverbright Securities Co. Ltd.Jones KuHaitong International Research Limited4 その他のアナリストを表示
Board Change • May 20High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Director Bin Wang was the last director to join the board, commencing their role in 2025. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
お知らせ • Apr 28Tongding Interconnection Information Co., Ltd., Annual General Meeting, May 18, 2026Tongding Interconnection Information Co., Ltd., Annual General Meeting, May 18, 2026, at 14:30 China Standard Time. Location: The Company's Meeting Room, Suzhou, Jiangsu China
お知らせ • Mar 31Tongding Interconnection Information Co., Ltd. to Report Q1, 2026 Results on Apr 30, 2026Tongding Interconnection Information Co., Ltd. announced that they will report Q1, 2026 results on Apr 30, 2026
お知らせ • Dec 31Tongding Interconnection Information Co., Ltd. to Report Fiscal Year 2025 Results on Apr 29, 2026Tongding Interconnection Information Co., Ltd. announced that they will report fiscal year 2025 results on Apr 29, 2026
お知らせ • Sep 30Tongding Interconnection Information Co., Ltd. to Report Q3, 2025 Results on Oct 30, 2025Tongding Interconnection Information Co., Ltd. announced that they will report Q3, 2025 results on Oct 30, 2025
お知らせ • Jul 02Tongding Interconnection Information Co., Ltd. to Report First Half, 2025 Results on Aug 29, 2025Tongding Interconnection Information Co., Ltd. announced that they will report first half, 2025 results on Aug 29, 2025
お知らせ • May 20Tongding Interconnection Information Co., Ltd., Annual General Meeting, Jun 10, 2025Tongding Interconnection Information Co., Ltd., Annual General Meeting, Jun 10, 2025, at 14:30 China Standard Time. Location: The Company's Meeting Room, Suzhou, Jiangsu China
お知らせ • Mar 31Tongding Interconnection Information Co., Ltd. to Report Q1, 2025 Results on Apr 30, 2025Tongding Interconnection Information Co., Ltd. announced that they will report Q1, 2025 results on Apr 30, 2025
お知らせ • Dec 31Tongding Interconnection Information Co., Ltd. to Report Fiscal Year 2024 Results on Apr 26, 2025Tongding Interconnection Information Co., Ltd. announced that they will report fiscal year 2024 results on Apr 26, 2025
Reported Earnings • Oct 23Third quarter 2024 earnings released: EPS: CN¥0.038 (vs CN¥0.021 loss in 3Q 2023)Third quarter 2024 results: EPS: CN¥0.038 (up from CN¥0.021 loss in 3Q 2023). Revenue: CN¥726.1m (down 18% from 3Q 2023). Net income: CN¥47.0m (up CN¥73.2m from 3Q 2023). Profit margin: 6.5% (up from net loss in 3Q 2023). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 76% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.
Buy Or Sell Opportunity • Oct 10Now 20% undervaluedOver the last 90 days, the stock has risen 16% to CN¥3.86. The fair value is estimated to be CN¥4.84, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.8% over the last 3 years. Meanwhile, the company became loss making.
お知らせ • Sep 30Tongding Interconnection Information Co., Ltd. to Report Q3, 2024 Results on Oct 23, 2024Tongding Interconnection Information Co., Ltd. announced that they will report Q3, 2024 results on Oct 23, 2024
Reported Earnings • Aug 31Second quarter 2024 earnings released: CN¥0.01 loss per share (vs CN¥0.092 profit in 2Q 2023)Second quarter 2024 results: CN¥0.01 loss per share (down from CN¥0.092 profit in 2Q 2023). Revenue: CN¥665.2m (down 29% from 2Q 2023). Net loss: CN¥11.7m (down 110% from profit in 2Q 2023). Over the last 3 years on average, earnings per share has increased by 53% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings.
お知らせ • Jun 29Tongding Interconnection Information Co., Ltd. to Report First Half, 2024 Results on Aug 30, 2024Tongding Interconnection Information Co., Ltd. announced that they will report first half, 2024 results on Aug 30, 2024
お知らせ • May 16Tongding Interconnection Information Co., Ltd., Annual General Meeting, Jun 07, 2024Tongding Interconnection Information Co., Ltd., Annual General Meeting, Jun 07, 2024, at 14:00 China Standard Time. Location: The Company's Meeting Room, Suzhou, Jiangsu China
New Risk • May 03New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 49% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (2.7% net profit margin).
Reported Earnings • Apr 28Full year 2023 earnings released: EPS: CN¥0.19 (vs CN¥0.10 in FY 2022)Full year 2023 results: EPS: CN¥0.19 (up from CN¥0.10 in FY 2022). Revenue: CN¥3.35b (up 1.0% from FY 2022). Net income: CN¥236.8m (up 89% from FY 2022). Profit margin: 7.1% (up from 3.8% in FY 2022). Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.
お知らせ • Mar 30Tongding Interconnection Information Co., Ltd. to Report Q1, 2024 Results on Apr 30, 2024Tongding Interconnection Information Co., Ltd. announced that they will report Q1, 2024 results on Apr 30, 2024
Valuation Update With 7 Day Price Move • Feb 02Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to CN¥3.97, the stock trades at a trailing P/E ratio of 19.1x. Average trailing P/E is 39x in the Communications industry in China. Total returns to shareholders of 1.3% over the past three years.
Buy Or Sell Opportunity • Jan 25Now 22% overvaluedOver the last 90 days, the stock has fallen 16% to CN¥4.79. The fair value is estimated to be CN¥3.93, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company has become profitable.
Board Change • Jan 01High number of new directorsThere are 7 new directors who have joined the board in the last 3 years. CFO & Director Danghan Chen was the last director to join the board, commencing their role in 2023. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
お知らせ • Dec 30Tongding Interconnection Information Co., Ltd. to Report Fiscal Year 2023 Results on Apr 27, 2024Tongding Interconnection Information Co., Ltd. announced that they will report fiscal year 2023 results on Apr 27, 2024
New Risk • Aug 30New major risk - Revenue and earnings growthEarnings have declined by 4.9% 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. This is currently the only risk that has been identified for the company.
New Risk • Jun 25New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Chinese stocks, typically moving 9.0% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. This is currently the only risk that has been identified for the company.
お知らせ • May 23Tongding Interconnection Information Co., Ltd., Annual General Meeting, Jun 12, 2023Tongding Interconnection Information Co., Ltd., Annual General Meeting, Jun 12, 2023, at 14:00 China Standard Time. Agenda: To consider 2022 work report of the board of directors; to consider 2022 work report of the supervisory committee; to consider 2022 annual accounts; to consider 2022 profit distribution plan; to consider 2022 annual report and its summary; to consider 2023 estimated continuing connected transactions; to consider launching hedging business by the Company and wholly-owned subsidiaries in 2023; to consider financing guarantee for subsidiaries; to consider 2023 application for financing quota from financial institutions and relevant authorization; to consider reappointment of 2023 audit firm; to consider accounting policy change; and to consider any other matters.
Reported Earnings • Apr 29Full year 2022 earnings released: EPS: CN¥0.10 (vs CN¥0.52 loss in FY 2021)Full year 2022 results: EPS: CN¥0.10 (up from CN¥0.52 loss in FY 2021). Revenue: CN¥3.32b (up 11% from FY 2021). Net income: CN¥125.5m (up CN¥772.2m from FY 2021). Profit margin: 3.8% (up from net loss in FY 2021). Over the last 3 years on average, earnings per share has increased by 76% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.
Board Change • Nov 16High number of new and inexperienced directorsThere are 6 new directors who have joined the board in the last 3 years. The company's board is composed of: 6 new directors. 3 experienced directors. No highly experienced directors. Independent Director Zebin Wang is the most experienced director on the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.
Reported Earnings • Oct 29Third quarter 2022 earnings released: EPS: CN¥0.033 (vs CN¥0.04 loss in 3Q 2021)Third quarter 2022 results: EPS: CN¥0.033 (up from CN¥0.04 loss in 3Q 2021). Revenue: CN¥919.3m (up 22% from 3Q 2021). Net income: CN¥41.4m (up CN¥90.7m from 3Q 2021). Profit margin: 4.5% (up from net loss in 3Q 2021). Over the last 3 years on average, earnings per share has increased by 45% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings.
Reported Earnings • Aug 29Second quarter 2022 earnings released: CN¥0.023 loss per share (vs CN¥0.069 profit in 2Q 2021)Second quarter 2022 results: CN¥0.023 loss per share (down from CN¥0.069 profit in 2Q 2021). Revenue: CN¥824.8m (up 23% from 2Q 2021). Net loss: CN¥27.8m (down 132% from profit in 2Q 2021). Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings.
Reported Earnings • Apr 29Full year 2021 earnings released: CN¥0.52 loss per share (vs CN¥0.035 profit in FY 2020)Full year 2021 results: CN¥0.52 loss per share (down from CN¥0.035 profit in FY 2020). Revenue: CN¥2.98b (down 17% from FY 2020). Net loss: CN¥646.7m (down CN¥690.3m from profit in FY 2020). Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has fallen by 26% per year, which means it is performing significantly worse than earnings.
Reported Earnings • Oct 26Third quarter 2021 earnings released: CN¥0.04 loss per share (vs CN¥0.11 profit in 3Q 2020)The company reported a poor third quarter result with weaker earnings, revenues and control over costs. Third quarter 2021 results: Revenue: CN¥755.1m (down 20% from 3Q 2020). Net loss: CN¥49.4m (down 137% from profit in 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 31% per year but the company’s share price has only fallen by 15% per year, which means it has not declined as severely as earnings.
Valuation Update With 7 Day Price Move • Sep 10Investor sentiment improved over the past weekAfter last week's 18% share price gain to CN¥4.46, the stock trades at a forward P/E ratio of 76x. Average forward P/E is 32x in the Communications industry in China. Total loss to shareholders of 48% over the past three years.
Reported Earnings • Aug 27Second quarter 2021 earnings released: EPS CN¥0.069 (vs CN¥0.056 loss in 2Q 2020)The company reported a decent second quarter result with improved earnings and profit margins, although revenues were weaker. Second quarter 2021 results: Revenue: CN¥673.0m (down 34% from 2Q 2020). Net income: CN¥86.1m (up CN¥155.5m from 2Q 2020). Profit margin: 13% (up from net loss in 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 55% per year but the company’s share price has only fallen by 27% per year, which means it has not declined as severely as earnings.
Reported Earnings • Apr 30Full year 2020 earnings released: EPS CN¥0.035 (vs CN¥1.68 loss in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: CN¥3.59b (up 1.3% from FY 2019). Net income: CN¥43.6m (up CN¥2.17b from FY 2019). Profit margin: 1.2% (up from net loss in FY 2019). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 63 percentage points per year, which is a significant difference in performance.
Analyst Estimate Surprise Post Earnings • Mar 04Revenue misses expectationsRevenue missed analyst estimates by 5.7%. Over the next year, revenue is forecast to grow 18%, compared to a 32% growth forecast for the Communications industry in China.
Reported Earnings • Mar 04Full year 2020 earnings released: EPS CN¥0.036 (vs CN¥1.68 loss in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: CN¥3.61b (up 1.9% from FY 2019). Net income: CN¥45.2m (up CN¥2.17b from FY 2019). Profit margin: 1.3% (up from net loss in FY 2019). The move to profitability was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 97% per year but the company’s share price has only fallen by 32% per year, which means it has not declined as severely as earnings.
Is New 90 Day High Low • Jan 11New 90-day low: CN¥3.86The company is down 24% from its price of CN¥5.10 on 14 October 2020. The Chinese market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Communications industry, which is down 10.0% over the same period.
Is New 90 Day High Low • Dec 24New 90-day low: CN¥3.95The company is down 22% from its price of CN¥5.07 on 25 September 2020. The Chinese market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Communications industry, which is down 7.0% over the same period.
Is New 90 Day High Low • Dec 08New 90-day low: CN¥4.67The company is down 18% from its price of CN¥5.72 on 09 September 2020. The Chinese market is up 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Communications industry, which is down 8.0% over the same period.
Is New 90 Day High Low • Oct 30New 90-day low: CN¥4.97The company is down 6.0% from its price of CN¥5.30 on 31 July 2020. The Chinese market is down 2.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Communications industry, which is down 9.0% over the same period.
Reported Earnings • Oct 29Third quarter earnings releasedOver the last 12 months the company has reported total losses of CN¥2.19b, with earnings decreasing by CN¥2.35b from the prior year. Total revenue was CN¥3.44b over the last 12 months, down 14% from the prior year.
Is New 90 Day High Low • Sep 24New 90-day low: CN¥5.08The company is down 2.0% from its price of CN¥5.17 on 24 June 2020. The Chinese market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Communications industry, which is up 1.0% over the same period.