View ValuationShennan Circuits 将来の成長Future 基準チェック /66Shennan Circuits利益と収益がそれぞれ年間32%と21.4%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27% 31.8%なると予測されています。主要情報32.0%収益成長率31.82%EPS成長率Electronic 収益成長32.9%収益成長率21.4%将来の株主資本利益率26.98%アナリストカバレッジGood最終更新日25 May 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 updatesBuy Or Sell Opportunity • May 26Now 23% overvalued after recent price riseOver the last 90 days, the stock has risen 59% to CN¥420. The fair value is estimated to be CN¥341, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 24% over the last 3 years. Earnings per share has grown by 33%. Revenue is forecast to grow by 58% in 2 years. Earnings are forecast to grow by 106% in the next 2 years.Declared Dividend • May 25Dividend of CN¥2.40 announcedShareholders will receive a dividend of CN¥2.40. Ex-date: 29th May 2026 Payment date: 29th May 2026 Dividend yield will be 0.6%, which is lower than the industry average of 1.8%. Sustainability & Growth Dividend is covered by earnings (47% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 34% per year over the past 8 years and payments have been stable during that time. EPS is expected to grow by 129% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Board Change • May 20Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 5 non-independent directors. Independent Director Hanbin Zhang was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.お知らせ • Mar 31Shennan Circuits Co., Ltd. to Report Q1, 2026 Results on Apr 24, 2026Shennan Circuits Co., Ltd. announced that they will report Q1, 2026 results on Apr 24, 2026お知らせ • Mar 12Shennan Circuits Co., Ltd., Annual General Meeting, Apr 03, 2026Shennan Circuits Co., Ltd., Annual General Meeting, Apr 03, 2026, at 15:00 China Standard Time. Location: 5F, No. 99, Qiaocheng East Road, Nanshan District, Shenzhen, Guangdong Chinaお知らせ • Dec 31Shennan Circuit Company Limited to Report Fiscal Year 2025 Results on Mar 13, 2026Shennan Circuit Company Limited announced that they will report fiscal year 2025 results on Mar 13, 2026お知らせ • Sep 30Shennan Circuit Company Limited to Report Q3, 2025 Results on Oct 30, 2025Shennan Circuit Company Limited announced that they will report Q3, 2025 results on Oct 30, 2025お知らせ • Jul 02Shennan Circuit Company Limited to Report First Half, 2025 Results on Aug 28, 2025Shennan Circuit Company Limited announced that they will report first half, 2025 results on Aug 28, 2025お知らせ • Apr 04Shennan Circuit Company Limited Approves Cash Dividend for 2024Shennan Circuit Company Limited announced that at the AGM held on 02 April 2025 approved Cash dividend/10 shares (tax included) of CNY 15.00000000 for 2024.お知らせ • Mar 31Shennan Circuit Company Limited to Report Q1, 2025 Results on Apr 24, 2025Shennan Circuit Company Limited announced that they will report Q1, 2025 results on Apr 24, 2025お知らせ • Mar 14Shennan Circuit Company Limited Announces Profit Distribution Proposal for the Year 2024Shennan Circuit Company Limited announced on 13 March 2025 the profit distribution proposal for the year 2024 as follows: final cash dividend/10 shares (tax included): CNY 15.00000000.お知らせ • Mar 13Shennan Circuit Company Limited, Annual General Meeting, Apr 02, 2025Shennan Circuit Company Limited, Annual General Meeting, Apr 02, 2025, at 15:00 China Standard Time. Location: 5F, No. 99, Qiaocheng East Road, Nanshan District, Shenzhen, Guangdong Chinaお知らせ • Dec 31Shennan Circuit Company Limited to Report Fiscal Year 2024 Results on Mar 13, 2025Shennan Circuit Company Limited announced that they will report fiscal year 2024 results on Mar 13, 2025Buy Or Sell Opportunity • Nov 12Now 20% undervaluedOver the last 90 days, the stock has risen 4.4% to CN¥113. The fair value is estimated to be CN¥142, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.6% over the last 3 years. Earnings per share has grown by 4.1%. Revenue is forecast to grow by 31% in 2 years. Earnings are forecast to grow by 37% in the next 2 years.New Risk • Oct 30New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 27% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by cash flows (208% cash payout ratio). Large one-off items impacting financial results.Reported Earnings • Oct 29Third quarter 2024 earnings released: EPS: CN¥0.97 (vs CN¥0.85 in 3Q 2023)Third quarter 2024 results: EPS: CN¥0.97 (up from CN¥0.85 in 3Q 2023). Revenue: CN¥4.73b (up 38% from 3Q 2023). Net income: CN¥500.8m (up 15% from 3Q 2023). Profit margin: 11% (down from 13% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 13% 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 4% per year whereas the company’s share price has fallen by 1% per year.Valuation Update With 7 Day Price Move • Sep 30Investor sentiment improves as stock rises 26%After last week's 26% share price gain to CN¥111, the stock trades at a forward P/E ratio of 26x. Average forward P/E is 21x in the Electronic industry in China. Total returns to shareholders of 21% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥118 per share.お知らせ • Sep 30Shennan Circuit Company Limited to Report Q3, 2024 Results on Oct 29, 2024Shennan Circuit Company Limited announced that they will report Q3, 2024 results on Oct 29, 2024New Risk • Sep 27New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 6.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (6.8% average weekly change). Large one-off items impacting financial results.Buy Or Sell Opportunity • Sep 06Now 22% undervalued after recent price dropOver the last 90 days, the stock has fallen 1.8% to CN¥92.15. The fair value is estimated to be CN¥118, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.1% over the last 3 years. Earnings per share has grown by 2.6%. Revenue is forecast to grow by 32% in 2 years. Earnings are forecast to grow by 36% in the next 2 years.Reported Earnings • Aug 28Second quarter 2024 earnings released: EPS: CN¥1.19 (vs CN¥0.52 in 2Q 2023)Second quarter 2024 results: EPS: CN¥1.19 (up from CN¥0.52 in 2Q 2023). Revenue: CN¥4.36b (up 34% from 2Q 2023). Net income: CN¥607.7m (up 127% from 2Q 2023). Profit margin: 14% (up from 8.2% in 2Q 2023). Revenue is forecast to grow 13% 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 3% per year whereas the company’s share price has increased by 5% per year.Valuation Update With 7 Day Price Move • Jul 10Investor sentiment improves as stock rises 17%After last week's 17% share price gain to CN¥121, the stock trades at a forward P/E ratio of 35x. Average forward P/E is 22x in the Electronic industry in China. Total returns to shareholders of 13% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥88.70 per share.Buy Or Sell Opportunity • Jul 01Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 11% to CN¥106. The fair value is estimated to be CN¥87.11, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 3.8% over the last 3 years, while earnings per share has been flat. Revenue is forecast to grow by 29% in 2 years. Earnings are forecast to grow by 36% in the next 2 years.お知らせ • Jun 29Shennan Circuit Company Limited to Report First Half, 2024 Results on Aug 28, 2024Shennan Circuit Company Limited announced that they will report first half, 2024 results on Aug 28, 2024Valuation Update With 7 Day Price Move • Jun 17Investor sentiment improves as stock rises 17%After last week's 17% share price gain to CN¥110, the stock trades at a forward P/E ratio of 32x. Average forward P/E is 23x in the Electronic industry in China. Total returns to shareholders of 22% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥79.86 per share.Buy Or Sell Opportunity • Jun 11Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 13% to CN¥95.47. The fair value is estimated to be CN¥79.47, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 3.8% over the last 3 years, while earnings per share has been flat. Revenue is forecast to grow by 29% in 2 years. Earnings are forecast to grow by 36% in the next 2 years.Declared Dividend • May 25Dividend reduced to CN¥0.90Dividend of CN¥0.90 is 10.0% lower than last year. Ex-date: 30th May 2024 Payment date: 30th May 2024 Dividend yield will be 1.0%, which is lower than the industry average of 1.8%. Sustainability & Growth Dividend is covered by earnings (29% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 20% per year over the past 6 years and payments have been stable during that time. EPS is expected to grow by 61% over the next 3 years, which should provide support to the dividend and adequate earnings cover.お知らせ • May 25Shennan Circuit Company Limited Announces Final Cash Dividend on A Shares for the Year 2023, Payable on 30 May 2024Shennan Circuit Company Limited announced final cash dividend/10 shares (tax included) of CNY 9.00000000 on A shares for the year 2023. Record date: 29 May 2024. Ex-date: 30 May 2024. Payment date: 30 May 2024.Buy Or Sell Opportunity • May 23Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 45% to CN¥94.32. The fair value is estimated to be CN¥78.33, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 3.8% over the last 3 years, while earnings per share has been flat. Revenue is forecast to grow by 29% in 2 years. Earnings are forecast to grow by 36% in the next 2 years.Reported Earnings • Apr 16First quarter 2024 earnings released: EPS: CN¥0.74 (vs CN¥0.40 in 1Q 2023)First quarter 2024 results: EPS: CN¥0.74 (up from CN¥0.40 in 1Q 2023). Revenue: CN¥3.96b (up 42% from 1Q 2023). Net income: CN¥379.6m (up 84% from 1Q 2023). Profit margin: 9.6% (up from 7.4% in 1Q 2023). Revenue is forecast to grow 13% 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 fallen by 1% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings.Buy Or Sell Opportunity • Apr 01Now 22% overvalued after recent price riseOver the last 90 days, the stock has risen 36% to CN¥95.90. The fair value is estimated to be CN¥78.47, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 4.4% over the last 3 years, while earnings per share has been flat. For the next 3 years, revenue is forecast to grow by 14% per annum. Earnings are also forecast to grow by 19% per annum over the same time period.お知らせ • Mar 30Shennan Circuit Company Limited to Report Q1, 2024 Results on Apr 16, 2024Shennan Circuit Company Limited announced that they will report Q1, 2024 results on Apr 16, 2024New Risk • Mar 16New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 48% 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. This is currently the only risk that has been identified for the company.お知らせ • Mar 16+ 1 more updateShennan Circuit Company Limited, Annual General Meeting, Apr 18, 2024Shennan Circuit Company Limited, Annual General Meeting, Apr 18, 2024, at 15:00 China Standard Time. Location: 5F, No. 99, Qiaocheng East Road, Nanshan District, Shenzhen, Guangdong China Agenda: To consider 2023 annual report and its summary; to consider 2023 annual accounts report; to consider 2024 financial budget report; to consider 2023 work report of the board of directors; to consider 2023 work report of the supervisory committee; to consider 2023 profit distribution plan; to consider 2023 remuneration for non-independent directors; to consider Reappointment of audit firm; to consider Election of non-independent directors; to consider Election of independent directors; and to consider Election of shareholder supervisors.Reported Earnings • Mar 15Full year 2023 earnings released: EPS: CN¥2.73 (vs CN¥3.22 in FY 2022)Full year 2023 results: EPS: CN¥2.73 (down from CN¥3.22 in FY 2022). Revenue: CN¥13.5b (down 3.3% from FY 2022). Net income: CN¥1.40b (down 15% from FY 2022). Profit margin: 10% (down from 12% in FY 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 14% 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 fallen by 1% per year whereas the company’s share price has fallen by 3% per year.Buy Or Sell Opportunity • Mar 12Now 22% undervaluedOver the last 90 days, the stock has risen 19% to CN¥84.28. The fair value is estimated to be CN¥108, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.6% over the last 3 years, while earnings per share has been flat. Revenue is forecast to grow by 34% in 2 years. Earnings are forecast to grow by 45% in the next 2 years.Valuation Update With 7 Day Price Move • Feb 28Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CN¥66.00, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 21x in the Electronic industry in China. Total loss to shareholders of 41% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥106 per share.お知らせ • Dec 30Shennan Circuit Company Limited to Report Fiscal Year 2023 Results on Mar 15, 2024Shennan Circuit Company Limited announced that they will report fiscal year 2023 results on Mar 15, 2024New Risk • Oct 29New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 40% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Paying a dividend despite having no free cash flows. Large one-off items impacting financial results.Reported Earnings • Oct 27Third quarter 2023 earnings released: EPS: CN¥0.85 (vs CN¥0.84 in 3Q 2022)Third quarter 2023 results: EPS: CN¥0.85 (up from CN¥0.84 in 3Q 2022). Revenue: CN¥3.43b (down 2.4% from 3Q 2022). Net income: CN¥434.2m (up 1.1% from 3Q 2022). Profit margin: 13% (in line with 3Q 2022). Revenue is forecast to grow 15% 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 fallen by 1% per year but the company’s share price has fallen by 16% per year, which means it is performing significantly worse than earnings.お知らせ • Sep 30Shennan Circuit Company Limited to Report Q3, 2023 Results on Oct 27, 2023Shennan Circuit Company Limited announced that they will report Q3, 2023 results on Oct 27, 2023Reported Earnings • Aug 24Second quarter 2023 earnings released: EPS: CN¥0.52 (vs CN¥0.79 in 2Q 2022)Second quarter 2023 results: EPS: CN¥0.52 (down from CN¥0.79 in 2Q 2022). Revenue: CN¥3.25b (down 11% from 2Q 2022). Net income: CN¥267.5m (down 34% from 2Q 2022). Profit margin: 8.2% (down from 11% in 2Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 17% 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 remained flat but the company’s share price has fallen by 23% per year, which means it is significantly lagging earnings.お知らせ • May 24Shennan Circuit Company Limited Approves 2022 Final Profit Distribution Plan to Be Implemented (A Shares), Payable on May 30, 2023Shennan Circuit Company Limited approved 2022 final profit distribution plan to be implemented (A shares), payable on May 30, 2023. The company announced Cash dividend/10 shares (tax included) of CNY 10.00000000 with record date May 29, 2023 and ex-dividend date of May 30, 2023.Valuation Update With 7 Day Price Move • Mar 23Investor sentiment improves as stock rises 23%After last week's 23% share price gain to CN¥98.86, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 26x in the Electronic industry in China. Total loss to shareholders of 31% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥54.59 per share.Reported Earnings • Mar 15Full year 2022 earnings released: EPS: CN¥3.22 (vs CN¥3.02 in FY 2021)Full year 2022 results: EPS: CN¥3.22 (up from CN¥3.02 in FY 2021). Revenue: CN¥14.0b (flat on FY 2021). Net income: CN¥1.64b (up 11% from FY 2021). Profit margin: 12% (up from 11% in FY 2021). Revenue is forecast to grow 15% 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 5% per year but the company’s share price has fallen by 20% per year, which means it is significantly lagging earnings.Board Change • Nov 16High number of new and inexperienced directorsThere are 8 new directors who have joined the board in the last 3 years. The company's board is composed of: 8 new directors. 4 experienced directors. No highly experienced directors. Chairman Zhicheng Yang is the most experienced director on the board, commencing their role in 2014. 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¥0.84 (vs CN¥0.95 in 3Q 2021)Third quarter 2022 results: EPS: CN¥0.84 (down from CN¥0.95 in 3Q 2021). Revenue: CN¥3.51b (down 9.3% from 3Q 2021). Net income: CN¥429.7m (down 7.7% from 3Q 2021). Profit margin: 12% (in line with 3Q 2021). Revenue is forecast to grow 15% 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 7% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings.Reported Earnings • Aug 20Second quarter 2022 earnings released: EPS: CN¥0.79 (vs CN¥0.64 in 2Q 2021)Second quarter 2022 results: EPS: CN¥0.79 (up from CN¥0.64 in 2Q 2021). Revenue: CN¥3.66b (up 16% from 2Q 2021). Net income: CN¥404.3m (up 27% from 2Q 2021). Profit margin: 11% (up from 10% in 2Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 16%, compared to a 25% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.Board Change • Apr 27High number of new and inexperienced directorsThere are 8 new directors who have joined the board in the last 3 years. The company's board is composed of: 8 new directors. 4 experienced directors. No highly experienced directors. Chairman Zhicheng Yang is the most experienced director on the board, commencing their role in 2014. 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 • Mar 15Full year 2021 earnings: EPS in line with analyst expectations despite revenue beatFull year 2021 results: EPS: CN¥3.02 (up from CN¥3.00 in FY 2020). Revenue: CN¥13.9b (up 20% from FY 2020). Net income: CN¥1.48b (up 3.5% from FY 2020). Profit margin: 11% (down from 12% in FY 2020). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 6.3%. Over the next year, revenue is forecast to grow 12%, compared to a 26% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Nov 05Investor sentiment improved over the past weekAfter last week's 25% share price gain to CN¥111, the stock trades at a forward P/E ratio of 31x. Average forward P/E is 28x in the Electronic industry in China. Total returns to shareholders of 154% over the past three years.Reported Earnings • Oct 31Third quarter 2021 earnings released: EPS CN¥0.95 (vs CN¥0.78 in 3Q 2020)The company reported a solid third quarter result with improved earnings and revenues, although profit margins were flat. Third quarter 2021 results: Revenue: CN¥3.87b (up 26% from 3Q 2020). Net income: CN¥465.7m (up 25% from 3Q 2020). Profit margin: 12% (in line with 3Q 2020). Over the last 3 years on average, earnings per share has increased by 23% per year whereas the company’s share price has increased by 24% per year.Valuation Update With 7 Day Price Move • Jun 26Investor sentiment improved over the past weekAfter last week's 17% share price gain to CN¥110, the stock trades at a forward P/E ratio of 30x. Average forward P/E is 28x in the Electronic industry in China. Total loss to shareholders of 34% over the past year. Simply Wall St's valuation model estimates the intrinsic value at CN¥93.05 per share.Reported Earnings • Apr 14First quarter 2021 earnings released: EPS CN¥0.50 (vs CN¥0.59 in 1Q 2020)The company reported a soft first quarter result with weaker earnings and profit margins, although revenues improved. First quarter 2021 results: Revenue: CN¥2.72b (up 9.1% from 1Q 2020). Net income: CN¥243.5m (down 12% from 1Q 2020). Profit margin: 8.9% (down from 11% in 1Q 2020). The decrease in margin was driven by higher expenses.Is New 90 Day High Low • Mar 16New 90-day low: CN¥97.30The company is down 17% from a price of CN¥117 on 16 December 2020. Underperformed the Chinese market, which is down 2.0% over the last 90 days. Lagged the Electronic industry, which is down 8.0% over the same period. Simply Wall St's valuation model estimates the intrinsic value at CN¥149 per share.Reported Earnings • Mar 13Full year 2020 earnings released: EPS CN¥3.00 (vs CN¥2.61 in FY 2019)The company reported a solid full year result with improved earnings and revenues, although profit margins were flat. Full year 2020 results: Revenue: CN¥11.6b (up 10% from FY 2019). Net income: CN¥1.43b (up 16% from FY 2019). Profit margin: 12% (in line with FY 2019).Analyst Estimate Surprise Post Earnings • Mar 13Revenue misses expectationsRevenue missed analyst estimates by 4.0%. Over the next year, revenue is forecast to grow 33%, compared to a 31% growth forecast for the Electronic industry in China.お知らせ • Jan 22Shennan Circuit Company Limited to Report Fiscal Year 2020 Results on Mar 13, 2021Shennan Circuit Company Limited announced that they will report fiscal year 2020 results on Mar 13, 2021Valuation Update With 7 Day Price Move • Jan 07Investor sentiment improved over the past weekAfter last week's 19% share price gain to CN¥128, the stock is trading at a trailing P/E ratio of 41.5x, up from the previous P/E ratio of 35x. This compares to an average P/E of 42x in the Electronic industry in China. Total returns to shareholders over the past year are 17%.Is New 90 Day High Low • Dec 28New 90-day low: CN¥102The company is down 12% from its price of CN¥117 on 30 September 2020. The Chinese market is up 6.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 4.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥143 per share.Valuation Update With 7 Day Price Move • Nov 09Market bids up stock over the past weekAfter last week's 21% share price gain to CN¥125, the stock is trading at a trailing P/E ratio of 40.5x, up from the previous P/E ratio of 33.3x. This compares to an average P/E of 48x in the Electronic industry in China. Total returns to shareholders over the past year are 15%.Reported Earnings • Oct 28Third quarter earnings releasedOver the last 12 months the company has reported total profits of CN¥1.46b, up 34% from the prior year. Total revenue was CN¥11.8b over the last 12 months, up 19% from the prior year.Analyst Estimate Surprise Post Earnings • Oct 28Third-quarter earnings released: Revenue misses expectationsThird-quarter revenue missed analyst estimates by 8.2% at CN¥3.07b. Revenue is forecast to grow 30% over the next year, compared to a 30% growth forecast for the Electronic industry in China.Is New 90 Day High Low • Oct 28New 90-day low: CN¥107The company is down 30% from its price of CN¥153 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 Electronic industry, which is flat over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥140 per share.お知らせ • Oct 20Shennan Circuit Company Limited to Report Q3, 2020 Results on Oct 28, 2020Shennan Circuit Company Limited announced that they will report Q3, 2020 results on Oct 28, 2020お知らせ • Jul 24Shennan Circuit Company Limited to Report First Half, 2020 Results on Aug 20, 2020Shennan Circuit Company Limited announced that they will report first half, 2020 results on Aug 20, 2020業績と収益の成長予測XSEC:002916 - 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12/31/202846,1659,0438,05110,2141112/31/202738,1496,9884,9778,2151512/31/202630,5724,9513,0735,670143/31/202625,4603,635-1,6183,473N/A12/31/202523,6473,276733,838N/A9/30/202521,6122,7155713,632N/A6/30/202520,0402,2502773,079N/A3/31/202518,7291,9894963,032N/A12/31/202417,9071,8784562,982N/A9/30/202417,1141,9782222,703N/A6/30/202415,8141,911-402,768N/A3/31/202414,7031,571-6612,463N/A12/31/202313,5261,398-6602,589N/A9/30/202312,9691,367-1,0972,299N/A6/30/202313,0551,363-4152,767N/A3/31/202313,4621,500-93,259N/A1/1/202313,9921,641-1983,180N/A9/30/202214,6731,6364733,641N/A6/30/202215,0331,672-733,157N/A3/31/202214,5331,585-3922,532N/A1/1/202213,9431,481-3172,342N/A9/30/202112,3731,359-1,0321,588N/A6/30/202111,5661,267-7501,813N/A3/31/202111,8281,397-7491,856N/A12/31/202011,6001,430-6861,800N/A9/30/202011,8491,463-8391,763N/A6/30/202011,6481,486-9601,596N/A3/31/202010,8591,323-7231,566N/A12/31/201910,5241,233N/A1,263N/A9/30/20199,9231,092N/A1,353N/A6/30/20199,154888N/A977N/A3/31/20198,288767N/A987N/A12/31/20187,602697N/A879N/A9/30/20186,809582N/A892N/A6/30/20186,197477N/A765N/A3/31/20185,877463N/A938N/A12/31/20175,687448N/A966N/A9/30/20175,474406N/A726N/A12/31/20164,599274N/A802N/A12/31/20153,519162N/A573N/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: 002916の予測収益成長率 (年間32% ) は 貯蓄率 ( 2.4% ) を上回っています。収益対市場: 002916の収益 ( 32% ) はCN市場 ( 27.2% ) よりも速いペースで成長すると予測されています。高成長収益: 002916の収益は今後 3 年間で 大幅に 増加すると予想されています。収益対市場: 002916の収益 ( 21.4% ) CN市場 ( 16.3% ) よりも速いペースで成長すると予測されています。高い収益成長: 002916の収益 ( 21.4% ) 20%よりも速いペースで成長すると予測されています。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: 002916の 自己資本利益率 は、3年後には高くなると予測されています ( 27 %)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2026/05/27 14:31終値2026/05/27 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Shennan Circuits Co., Ltd. 15 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。27 アナリスト機関Xin SunBernsteinKexin ZhuBofA Global ResearchKexin ZhuBofA Global Research24 その他のアナリストを表示
Buy Or Sell Opportunity • May 26Now 23% overvalued after recent price riseOver the last 90 days, the stock has risen 59% to CN¥420. The fair value is estimated to be CN¥341, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 24% over the last 3 years. Earnings per share has grown by 33%. Revenue is forecast to grow by 58% in 2 years. Earnings are forecast to grow by 106% in the next 2 years.
Declared Dividend • May 25Dividend of CN¥2.40 announcedShareholders will receive a dividend of CN¥2.40. Ex-date: 29th May 2026 Payment date: 29th May 2026 Dividend yield will be 0.6%, which is lower than the industry average of 1.8%. Sustainability & Growth Dividend is covered by earnings (47% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 34% per year over the past 8 years and payments have been stable during that time. EPS is expected to grow by 129% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Board Change • May 20Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 5 non-independent directors. Independent Director Hanbin Zhang was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
お知らせ • Mar 31Shennan Circuits Co., Ltd. to Report Q1, 2026 Results on Apr 24, 2026Shennan Circuits Co., Ltd. announced that they will report Q1, 2026 results on Apr 24, 2026
お知らせ • Mar 12Shennan Circuits Co., Ltd., Annual General Meeting, Apr 03, 2026Shennan Circuits Co., Ltd., Annual General Meeting, Apr 03, 2026, at 15:00 China Standard Time. Location: 5F, No. 99, Qiaocheng East Road, Nanshan District, Shenzhen, Guangdong China
お知らせ • Dec 31Shennan Circuit Company Limited to Report Fiscal Year 2025 Results on Mar 13, 2026Shennan Circuit Company Limited announced that they will report fiscal year 2025 results on Mar 13, 2026
お知らせ • Sep 30Shennan Circuit Company Limited to Report Q3, 2025 Results on Oct 30, 2025Shennan Circuit Company Limited announced that they will report Q3, 2025 results on Oct 30, 2025
お知らせ • Jul 02Shennan Circuit Company Limited to Report First Half, 2025 Results on Aug 28, 2025Shennan Circuit Company Limited announced that they will report first half, 2025 results on Aug 28, 2025
お知らせ • Apr 04Shennan Circuit Company Limited Approves Cash Dividend for 2024Shennan Circuit Company Limited announced that at the AGM held on 02 April 2025 approved Cash dividend/10 shares (tax included) of CNY 15.00000000 for 2024.
お知らせ • Mar 31Shennan Circuit Company Limited to Report Q1, 2025 Results on Apr 24, 2025Shennan Circuit Company Limited announced that they will report Q1, 2025 results on Apr 24, 2025
お知らせ • Mar 14Shennan Circuit Company Limited Announces Profit Distribution Proposal for the Year 2024Shennan Circuit Company Limited announced on 13 March 2025 the profit distribution proposal for the year 2024 as follows: final cash dividend/10 shares (tax included): CNY 15.00000000.
お知らせ • Mar 13Shennan Circuit Company Limited, Annual General Meeting, Apr 02, 2025Shennan Circuit Company Limited, Annual General Meeting, Apr 02, 2025, at 15:00 China Standard Time. Location: 5F, No. 99, Qiaocheng East Road, Nanshan District, Shenzhen, Guangdong China
お知らせ • Dec 31Shennan Circuit Company Limited to Report Fiscal Year 2024 Results on Mar 13, 2025Shennan Circuit Company Limited announced that they will report fiscal year 2024 results on Mar 13, 2025
Buy Or Sell Opportunity • Nov 12Now 20% undervaluedOver the last 90 days, the stock has risen 4.4% to CN¥113. The fair value is estimated to be CN¥142, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.6% over the last 3 years. Earnings per share has grown by 4.1%. Revenue is forecast to grow by 31% in 2 years. Earnings are forecast to grow by 37% in the next 2 years.
New Risk • Oct 30New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 27% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by cash flows (208% cash payout ratio). Large one-off items impacting financial results.
Reported Earnings • Oct 29Third quarter 2024 earnings released: EPS: CN¥0.97 (vs CN¥0.85 in 3Q 2023)Third quarter 2024 results: EPS: CN¥0.97 (up from CN¥0.85 in 3Q 2023). Revenue: CN¥4.73b (up 38% from 3Q 2023). Net income: CN¥500.8m (up 15% from 3Q 2023). Profit margin: 11% (down from 13% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 13% 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 4% per year whereas the company’s share price has fallen by 1% per year.
Valuation Update With 7 Day Price Move • Sep 30Investor sentiment improves as stock rises 26%After last week's 26% share price gain to CN¥111, the stock trades at a forward P/E ratio of 26x. Average forward P/E is 21x in the Electronic industry in China. Total returns to shareholders of 21% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥118 per share.
お知らせ • Sep 30Shennan Circuit Company Limited to Report Q3, 2024 Results on Oct 29, 2024Shennan Circuit Company Limited announced that they will report Q3, 2024 results on Oct 29, 2024
New Risk • Sep 27New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 6.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (6.8% average weekly change). Large one-off items impacting financial results.
Buy Or Sell Opportunity • Sep 06Now 22% undervalued after recent price dropOver the last 90 days, the stock has fallen 1.8% to CN¥92.15. The fair value is estimated to be CN¥118, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.1% over the last 3 years. Earnings per share has grown by 2.6%. Revenue is forecast to grow by 32% in 2 years. Earnings are forecast to grow by 36% in the next 2 years.
Reported Earnings • Aug 28Second quarter 2024 earnings released: EPS: CN¥1.19 (vs CN¥0.52 in 2Q 2023)Second quarter 2024 results: EPS: CN¥1.19 (up from CN¥0.52 in 2Q 2023). Revenue: CN¥4.36b (up 34% from 2Q 2023). Net income: CN¥607.7m (up 127% from 2Q 2023). Profit margin: 14% (up from 8.2% in 2Q 2023). Revenue is forecast to grow 13% 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 3% per year whereas the company’s share price has increased by 5% per year.
Valuation Update With 7 Day Price Move • Jul 10Investor sentiment improves as stock rises 17%After last week's 17% share price gain to CN¥121, the stock trades at a forward P/E ratio of 35x. Average forward P/E is 22x in the Electronic industry in China. Total returns to shareholders of 13% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥88.70 per share.
Buy Or Sell Opportunity • Jul 01Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 11% to CN¥106. The fair value is estimated to be CN¥87.11, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 3.8% over the last 3 years, while earnings per share has been flat. Revenue is forecast to grow by 29% in 2 years. Earnings are forecast to grow by 36% in the next 2 years.
お知らせ • Jun 29Shennan Circuit Company Limited to Report First Half, 2024 Results on Aug 28, 2024Shennan Circuit Company Limited announced that they will report first half, 2024 results on Aug 28, 2024
Valuation Update With 7 Day Price Move • Jun 17Investor sentiment improves as stock rises 17%After last week's 17% share price gain to CN¥110, the stock trades at a forward P/E ratio of 32x. Average forward P/E is 23x in the Electronic industry in China. Total returns to shareholders of 22% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥79.86 per share.
Buy Or Sell Opportunity • Jun 11Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 13% to CN¥95.47. The fair value is estimated to be CN¥79.47, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 3.8% over the last 3 years, while earnings per share has been flat. Revenue is forecast to grow by 29% in 2 years. Earnings are forecast to grow by 36% in the next 2 years.
Declared Dividend • May 25Dividend reduced to CN¥0.90Dividend of CN¥0.90 is 10.0% lower than last year. Ex-date: 30th May 2024 Payment date: 30th May 2024 Dividend yield will be 1.0%, which is lower than the industry average of 1.8%. Sustainability & Growth Dividend is covered by earnings (29% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 20% per year over the past 6 years and payments have been stable during that time. EPS is expected to grow by 61% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
お知らせ • May 25Shennan Circuit Company Limited Announces Final Cash Dividend on A Shares for the Year 2023, Payable on 30 May 2024Shennan Circuit Company Limited announced final cash dividend/10 shares (tax included) of CNY 9.00000000 on A shares for the year 2023. Record date: 29 May 2024. Ex-date: 30 May 2024. Payment date: 30 May 2024.
Buy Or Sell Opportunity • May 23Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 45% to CN¥94.32. The fair value is estimated to be CN¥78.33, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 3.8% over the last 3 years, while earnings per share has been flat. Revenue is forecast to grow by 29% in 2 years. Earnings are forecast to grow by 36% in the next 2 years.
Reported Earnings • Apr 16First quarter 2024 earnings released: EPS: CN¥0.74 (vs CN¥0.40 in 1Q 2023)First quarter 2024 results: EPS: CN¥0.74 (up from CN¥0.40 in 1Q 2023). Revenue: CN¥3.96b (up 42% from 1Q 2023). Net income: CN¥379.6m (up 84% from 1Q 2023). Profit margin: 9.6% (up from 7.4% in 1Q 2023). Revenue is forecast to grow 13% 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 fallen by 1% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings.
Buy Or Sell Opportunity • Apr 01Now 22% overvalued after recent price riseOver the last 90 days, the stock has risen 36% to CN¥95.90. The fair value is estimated to be CN¥78.47, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 4.4% over the last 3 years, while earnings per share has been flat. For the next 3 years, revenue is forecast to grow by 14% per annum. Earnings are also forecast to grow by 19% per annum over the same time period.
お知らせ • Mar 30Shennan Circuit Company Limited to Report Q1, 2024 Results on Apr 16, 2024Shennan Circuit Company Limited announced that they will report Q1, 2024 results on Apr 16, 2024
New Risk • Mar 16New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 48% 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. This is currently the only risk that has been identified for the company.
お知らせ • Mar 16+ 1 more updateShennan Circuit Company Limited, Annual General Meeting, Apr 18, 2024Shennan Circuit Company Limited, Annual General Meeting, Apr 18, 2024, at 15:00 China Standard Time. Location: 5F, No. 99, Qiaocheng East Road, Nanshan District, Shenzhen, Guangdong China Agenda: To consider 2023 annual report and its summary; to consider 2023 annual accounts report; to consider 2024 financial budget report; to consider 2023 work report of the board of directors; to consider 2023 work report of the supervisory committee; to consider 2023 profit distribution plan; to consider 2023 remuneration for non-independent directors; to consider Reappointment of audit firm; to consider Election of non-independent directors; to consider Election of independent directors; and to consider Election of shareholder supervisors.
Reported Earnings • Mar 15Full year 2023 earnings released: EPS: CN¥2.73 (vs CN¥3.22 in FY 2022)Full year 2023 results: EPS: CN¥2.73 (down from CN¥3.22 in FY 2022). Revenue: CN¥13.5b (down 3.3% from FY 2022). Net income: CN¥1.40b (down 15% from FY 2022). Profit margin: 10% (down from 12% in FY 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 14% 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 fallen by 1% per year whereas the company’s share price has fallen by 3% per year.
Buy Or Sell Opportunity • Mar 12Now 22% undervaluedOver the last 90 days, the stock has risen 19% to CN¥84.28. The fair value is estimated to be CN¥108, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.6% over the last 3 years, while earnings per share has been flat. Revenue is forecast to grow by 34% in 2 years. Earnings are forecast to grow by 45% in the next 2 years.
Valuation Update With 7 Day Price Move • Feb 28Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CN¥66.00, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 21x in the Electronic industry in China. Total loss to shareholders of 41% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥106 per share.
お知らせ • Dec 30Shennan Circuit Company Limited to Report Fiscal Year 2023 Results on Mar 15, 2024Shennan Circuit Company Limited announced that they will report fiscal year 2023 results on Mar 15, 2024
New Risk • Oct 29New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 40% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Paying a dividend despite having no free cash flows. Large one-off items impacting financial results.
Reported Earnings • Oct 27Third quarter 2023 earnings released: EPS: CN¥0.85 (vs CN¥0.84 in 3Q 2022)Third quarter 2023 results: EPS: CN¥0.85 (up from CN¥0.84 in 3Q 2022). Revenue: CN¥3.43b (down 2.4% from 3Q 2022). Net income: CN¥434.2m (up 1.1% from 3Q 2022). Profit margin: 13% (in line with 3Q 2022). Revenue is forecast to grow 15% 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 fallen by 1% per year but the company’s share price has fallen by 16% per year, which means it is performing significantly worse than earnings.
お知らせ • Sep 30Shennan Circuit Company Limited to Report Q3, 2023 Results on Oct 27, 2023Shennan Circuit Company Limited announced that they will report Q3, 2023 results on Oct 27, 2023
Reported Earnings • Aug 24Second quarter 2023 earnings released: EPS: CN¥0.52 (vs CN¥0.79 in 2Q 2022)Second quarter 2023 results: EPS: CN¥0.52 (down from CN¥0.79 in 2Q 2022). Revenue: CN¥3.25b (down 11% from 2Q 2022). Net income: CN¥267.5m (down 34% from 2Q 2022). Profit margin: 8.2% (down from 11% in 2Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 17% 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 remained flat but the company’s share price has fallen by 23% per year, which means it is significantly lagging earnings.
お知らせ • May 24Shennan Circuit Company Limited Approves 2022 Final Profit Distribution Plan to Be Implemented (A Shares), Payable on May 30, 2023Shennan Circuit Company Limited approved 2022 final profit distribution plan to be implemented (A shares), payable on May 30, 2023. The company announced Cash dividend/10 shares (tax included) of CNY 10.00000000 with record date May 29, 2023 and ex-dividend date of May 30, 2023.
Valuation Update With 7 Day Price Move • Mar 23Investor sentiment improves as stock rises 23%After last week's 23% share price gain to CN¥98.86, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 26x in the Electronic industry in China. Total loss to shareholders of 31% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥54.59 per share.
Reported Earnings • Mar 15Full year 2022 earnings released: EPS: CN¥3.22 (vs CN¥3.02 in FY 2021)Full year 2022 results: EPS: CN¥3.22 (up from CN¥3.02 in FY 2021). Revenue: CN¥14.0b (flat on FY 2021). Net income: CN¥1.64b (up 11% from FY 2021). Profit margin: 12% (up from 11% in FY 2021). Revenue is forecast to grow 15% 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 5% per year but the company’s share price has fallen by 20% per year, which means it is significantly lagging earnings.
Board Change • Nov 16High number of new and inexperienced directorsThere are 8 new directors who have joined the board in the last 3 years. The company's board is composed of: 8 new directors. 4 experienced directors. No highly experienced directors. Chairman Zhicheng Yang is the most experienced director on the board, commencing their role in 2014. 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¥0.84 (vs CN¥0.95 in 3Q 2021)Third quarter 2022 results: EPS: CN¥0.84 (down from CN¥0.95 in 3Q 2021). Revenue: CN¥3.51b (down 9.3% from 3Q 2021). Net income: CN¥429.7m (down 7.7% from 3Q 2021). Profit margin: 12% (in line with 3Q 2021). Revenue is forecast to grow 15% 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 7% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings.
Reported Earnings • Aug 20Second quarter 2022 earnings released: EPS: CN¥0.79 (vs CN¥0.64 in 2Q 2021)Second quarter 2022 results: EPS: CN¥0.79 (up from CN¥0.64 in 2Q 2021). Revenue: CN¥3.66b (up 16% from 2Q 2021). Net income: CN¥404.3m (up 27% from 2Q 2021). Profit margin: 11% (up from 10% in 2Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 16%, compared to a 25% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.
Board Change • Apr 27High number of new and inexperienced directorsThere are 8 new directors who have joined the board in the last 3 years. The company's board is composed of: 8 new directors. 4 experienced directors. No highly experienced directors. Chairman Zhicheng Yang is the most experienced director on the board, commencing their role in 2014. 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 • Mar 15Full year 2021 earnings: EPS in line with analyst expectations despite revenue beatFull year 2021 results: EPS: CN¥3.02 (up from CN¥3.00 in FY 2020). Revenue: CN¥13.9b (up 20% from FY 2020). Net income: CN¥1.48b (up 3.5% from FY 2020). Profit margin: 11% (down from 12% in FY 2020). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 6.3%. Over the next year, revenue is forecast to grow 12%, compared to a 26% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Nov 05Investor sentiment improved over the past weekAfter last week's 25% share price gain to CN¥111, the stock trades at a forward P/E ratio of 31x. Average forward P/E is 28x in the Electronic industry in China. Total returns to shareholders of 154% over the past three years.
Reported Earnings • Oct 31Third quarter 2021 earnings released: EPS CN¥0.95 (vs CN¥0.78 in 3Q 2020)The company reported a solid third quarter result with improved earnings and revenues, although profit margins were flat. Third quarter 2021 results: Revenue: CN¥3.87b (up 26% from 3Q 2020). Net income: CN¥465.7m (up 25% from 3Q 2020). Profit margin: 12% (in line with 3Q 2020). Over the last 3 years on average, earnings per share has increased by 23% per year whereas the company’s share price has increased by 24% per year.
Valuation Update With 7 Day Price Move • Jun 26Investor sentiment improved over the past weekAfter last week's 17% share price gain to CN¥110, the stock trades at a forward P/E ratio of 30x. Average forward P/E is 28x in the Electronic industry in China. Total loss to shareholders of 34% over the past year. Simply Wall St's valuation model estimates the intrinsic value at CN¥93.05 per share.
Reported Earnings • Apr 14First quarter 2021 earnings released: EPS CN¥0.50 (vs CN¥0.59 in 1Q 2020)The company reported a soft first quarter result with weaker earnings and profit margins, although revenues improved. First quarter 2021 results: Revenue: CN¥2.72b (up 9.1% from 1Q 2020). Net income: CN¥243.5m (down 12% from 1Q 2020). Profit margin: 8.9% (down from 11% in 1Q 2020). The decrease in margin was driven by higher expenses.
Is New 90 Day High Low • Mar 16New 90-day low: CN¥97.30The company is down 17% from a price of CN¥117 on 16 December 2020. Underperformed the Chinese market, which is down 2.0% over the last 90 days. Lagged the Electronic industry, which is down 8.0% over the same period. Simply Wall St's valuation model estimates the intrinsic value at CN¥149 per share.
Reported Earnings • Mar 13Full year 2020 earnings released: EPS CN¥3.00 (vs CN¥2.61 in FY 2019)The company reported a solid full year result with improved earnings and revenues, although profit margins were flat. Full year 2020 results: Revenue: CN¥11.6b (up 10% from FY 2019). Net income: CN¥1.43b (up 16% from FY 2019). Profit margin: 12% (in line with FY 2019).
Analyst Estimate Surprise Post Earnings • Mar 13Revenue misses expectationsRevenue missed analyst estimates by 4.0%. Over the next year, revenue is forecast to grow 33%, compared to a 31% growth forecast for the Electronic industry in China.
お知らせ • Jan 22Shennan Circuit Company Limited to Report Fiscal Year 2020 Results on Mar 13, 2021Shennan Circuit Company Limited announced that they will report fiscal year 2020 results on Mar 13, 2021
Valuation Update With 7 Day Price Move • Jan 07Investor sentiment improved over the past weekAfter last week's 19% share price gain to CN¥128, the stock is trading at a trailing P/E ratio of 41.5x, up from the previous P/E ratio of 35x. This compares to an average P/E of 42x in the Electronic industry in China. Total returns to shareholders over the past year are 17%.
Is New 90 Day High Low • Dec 28New 90-day low: CN¥102The company is down 12% from its price of CN¥117 on 30 September 2020. The Chinese market is up 6.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 4.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥143 per share.
Valuation Update With 7 Day Price Move • Nov 09Market bids up stock over the past weekAfter last week's 21% share price gain to CN¥125, the stock is trading at a trailing P/E ratio of 40.5x, up from the previous P/E ratio of 33.3x. This compares to an average P/E of 48x in the Electronic industry in China. Total returns to shareholders over the past year are 15%.
Reported Earnings • Oct 28Third quarter earnings releasedOver the last 12 months the company has reported total profits of CN¥1.46b, up 34% from the prior year. Total revenue was CN¥11.8b over the last 12 months, up 19% from the prior year.
Analyst Estimate Surprise Post Earnings • Oct 28Third-quarter earnings released: Revenue misses expectationsThird-quarter revenue missed analyst estimates by 8.2% at CN¥3.07b. Revenue is forecast to grow 30% over the next year, compared to a 30% growth forecast for the Electronic industry in China.
Is New 90 Day High Low • Oct 28New 90-day low: CN¥107The company is down 30% from its price of CN¥153 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 Electronic industry, which is flat over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥140 per share.
お知らせ • Oct 20Shennan Circuit Company Limited to Report Q3, 2020 Results on Oct 28, 2020Shennan Circuit Company Limited announced that they will report Q3, 2020 results on Oct 28, 2020
お知らせ • Jul 24Shennan Circuit Company Limited to Report First Half, 2020 Results on Aug 20, 2020Shennan Circuit Company Limited announced that they will report first half, 2020 results on Aug 20, 2020