View Future GrowthT&S CommunicationsLtd 過去の業績過去 基準チェック /16T&S CommunicationsLtdは、平均年間29.3%の収益成長を遂げていますが、 Communications業界の収益は、年間 成長しています。収益は、平均年間3.9% 20.8%収益成長率で 成長しています。 T&S CommunicationsLtdの自己資本利益率は16.3%であり、純利益率は18.8%です。主要情報29.28%収益成長率28.93%EPS成長率Communications 業界の成長12.75%収益成長率20.78%株主資本利益率16.25%ネット・マージン18.81%前回の決算情報31 Mar 2026最近の業績更新お知らせ • Mar 31T&S Communications Co.,Ltd. to Report Q1, 2026 Results on Apr 24, 2026T&S Communications Co.,Ltd. announced that they will report Q1, 2026 results on Apr 24, 2026お知らせ • Dec 31T&S Communications Co.,Ltd. to Report Fiscal Year 2025 Results on Mar 31, 2026T&S Communications Co.,Ltd. announced that they will report fiscal year 2025 results on Mar 31, 2026お知らせ • Sep 30T&S Communications Co.,Ltd. to Report Q3, 2025 Results on Oct 28, 2025T&S Communications Co.,Ltd. announced that they will report Q3, 2025 results on Oct 28, 2025お知らせ • Jul 02T&S Communications Co.,Ltd. to Report First Half, 2025 Results on Aug 15, 2025T&S Communications Co.,Ltd. announced that they will report first half, 2025 results on Aug 15, 2025お知らせ • Mar 31T&S Communications Co.,Ltd. to Report Q1, 2025 Results on Apr 29, 2025T&S Communications Co.,Ltd. announced that they will report Q1, 2025 results on Apr 29, 2025お知らせ • Dec 31T&S Communications Co.,Ltd. to Report Fiscal Year 2024 Results on Mar 29, 2025T&S Communications Co.,Ltd. announced that they will report fiscal year 2024 results on Mar 29, 2025すべての更新を表示Recent updatesBoard 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. 6 non-independent directors. Independent Director Jiwei Li was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.お知らせ • Apr 24T&S Communications Co.,Ltd., Annual General Meeting, May 15, 2026T&S Communications Co.,Ltd., Annual General Meeting, May 15, 2026, at 14:30 China Standard Time. Location: No. 8, Jinxiu Middle Road, Pingshan District, Shenzhen, Guangdong Chinaお知らせ • Mar 31T&S Communications Co.,Ltd. to Report Q1, 2026 Results on Apr 24, 2026T&S Communications Co.,Ltd. announced that they will report Q1, 2026 results on Apr 24, 2026お知らせ • Dec 31T&S Communications Co.,Ltd. to Report Fiscal Year 2025 Results on Mar 31, 2026T&S Communications Co.,Ltd. announced that they will report fiscal year 2025 results on Mar 31, 2026お知らせ • Sep 30T&S Communications Co.,Ltd. to Report Q3, 2025 Results on Oct 28, 2025T&S Communications Co.,Ltd. announced that they will report Q3, 2025 results on Oct 28, 2025お知らせ • Jul 02T&S Communications Co.,Ltd. to Report First Half, 2025 Results on Aug 15, 2025T&S Communications Co.,Ltd. announced that they will report first half, 2025 results on Aug 15, 2025お知らせ • Apr 01T&S Communications Co.,Ltd. Proposes Final Cash Dividend for the Year 2024T&S Communications Co.,Ltd. proposed final cash dividend for the year 2024 as follows: Cash dividend/10 shares (tax included): CNY 8.00000000.お知らせ • Mar 31T&S Communications Co.,Ltd. to Report Q1, 2025 Results on Apr 29, 2025T&S Communications Co.,Ltd. announced that they will report Q1, 2025 results on Apr 29, 2025お知らせ • Mar 29T&S Communications Co.,Ltd., Annual General Meeting, Apr 25, 2025T&S Communications Co.,Ltd., Annual General Meeting, Apr 25, 2025, at 14:30 China Standard Time. Location: No. 8, Jinxiu Middle Road, Pingshan District, Shenzhen, Guangdong Chinaお知らせ • Dec 31T&S Communications Co.,Ltd. to Report Fiscal Year 2024 Results on Mar 29, 2025T&S Communications Co.,Ltd. announced that they will report fiscal year 2024 results on Mar 29, 2025Reported Earnings • Oct 30Third quarter 2024 earnings released: EPS: CN¥0.29 (vs CN¥0.15 in 3Q 2023)Third quarter 2024 results: EPS: CN¥0.29 (up from CN¥0.15 in 3Q 2023). Revenue: CN¥406.0m (up 75% from 3Q 2023). Net income: CN¥66.3m (up 100% from 3Q 2023). Profit margin: 16% (up from 14% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 33% p.a. on average during the next 3 years, compared to a 21% growth forecast for the Communications industry in China. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has increased by 65% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • Oct 15Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to CN¥36.89, the stock trades at a forward P/E ratio of 28x. Average forward P/E is 28x in the Communications industry in China. Total returns to shareholders of 145% over the past three years.New Risk • Sep 30New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 7.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by cash flows (125% cash payout ratio). Share price has been volatile over the past 3 months (7.5% average weekly change).お知らせ • Sep 30T&S Communications Co.,Ltd. to Report Q3, 2024 Results on Oct 30, 2024T&S Communications Co.,Ltd. announced that they will report Q3, 2024 results on Oct 30, 2024Valuation Update With 7 Day Price Move • Sep 28Investor sentiment improves as stock rises 18%After last week's 18% share price gain to CN¥32.13, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 24x in the Communications industry in China. Total returns to shareholders of 116% over the past three years.Buy Or Sell Opportunity • Aug 23Now 20% overvaluedOver the last 90 days, the stock has fallen 19% to CN¥29.86. The fair value is estimated to be CN¥24.81, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Earnings per share has grown by 24%. Revenue is forecast to grow by 121% in 2 years. Earnings are forecast to grow by 157% in the next 2 years.Reported Earnings • Aug 22Second quarter 2024 earnings released: EPS: CN¥0.21 (vs CN¥0.19 in 2Q 2023)Second quarter 2024 results: EPS: CN¥0.21 (up from CN¥0.19 in 2Q 2023). Revenue: CN¥286.6m (up 43% from 2Q 2023). Net income: CN¥47.8m (up 11% from 2Q 2023). Profit margin: 17% (down from 22% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 35% p.a. on average during the next 3 years, compared to a 21% growth forecast for the Communications industry in China. Over the last 3 years on average, earnings per share has increased by 24% per year whereas the company’s share price has increased by 20% per year.Declared Dividend • Jul 05Dividend of CN¥0.50 announcedDividend of CN¥0.50 is the same as last year. Ex-date: 9th July 2024 Payment date: 9th July 2024 Dividend yield will be 1.6%, which is higher than the industry average of 1.2%. Sustainability & Growth Dividend is covered by both earnings (72% earnings payout ratio) and cash flows (79% cash payout ratio). The dividend has increased by an average of 13% per year over the past 7 years. However, payments have been volatile during that time. EPS is expected to grow by 147% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Buy Or Sell Opportunity • Jul 01Now 20% overvaluedOver the last 90 days, the stock has fallen 14% to CN¥33.10. The fair value is estimated to be CN¥27.50, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Earnings per share has grown by 27%. Revenue is forecast to grow by 116% in 2 years. Earnings are forecast to grow by 132% in the next 2 years.お知らせ • Jun 29T&S Communications Co.,Ltd. to Report First Half, 2024 Results on Aug 22, 2024T&S Communications Co.,Ltd. announced that they will report first half, 2024 results on Aug 22, 2024Buy Or Sell Opportunity • Jun 12Now 20% overvaluedOver the last 90 days, the stock has fallen 18% to CN¥33.33. The fair value is estimated to be CN¥27.69, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Earnings per share has grown by 27%. Revenue is forecast to grow by 116% in 2 years. Earnings are forecast to grow by 132% in the next 2 years.Reported Earnings • Apr 30First quarter 2024 earnings released: EPS: CN¥0.14 (vs CN¥0.13 in 1Q 2023)First quarter 2024 results: EPS: CN¥0.14 (up from CN¥0.13 in 1Q 2023). Revenue: CN¥223.3m (up 18% from 1Q 2023). Net income: CN¥31.7m (up 11% from 1Q 2023). Profit margin: 14% (in line with 1Q 2023). Revenue is forecast to grow 32% p.a. on average during the next 3 years, compared to a 23% growth forecast for the Communications industry in China. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has increased by 39% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Apr 30T&S Communications Co.,Ltd., Annual General Meeting, May 21, 2024T&S Communications Co.,Ltd., Annual General Meeting, May 21, 2024, at 14:30 China Standard Time. Location: No. 8, Jinxiu Middle Road, Pingshan District, Shenzhen, Guangdong ChinaValuation Update With 7 Day Price Move • Apr 23Investor sentiment improves as stock rises 23%After last week's 23% share price gain to CN¥39.95, the stock trades at a forward P/E ratio of 35x. Average forward P/E is 27x in the Communications industry in China. Total returns to shareholders of 185% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥17.43 per share.お知らせ • Mar 30T&S Communications Co.,Ltd. to Report Q1, 2024 Results on Apr 29, 2024T&S Communications Co.,Ltd. announced that they will report Q1, 2024 results on Apr 29, 2024Reported Earnings • Mar 30Full year 2023 earnings released: EPS: CN¥0.69 (vs CN¥0.81 in FY 2022)Full year 2023 results: EPS: CN¥0.69 (down from CN¥0.81 in FY 2022). Revenue: CN¥884.8m (down 5.2% from FY 2022). Net income: CN¥155.1m (down 14% from FY 2022). Profit margin: 18% (down from 19% in FY 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 29% p.a. on average during the next 3 years, compared to a 23% growth forecast for the Communications industry in China. Over the last 3 years on average, earnings per share has increased by 31% per year whereas the company’s share price has increased by 34% per year.Valuation Update With 7 Day Price Move • Mar 27Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to CN¥35.91, the stock trades at a forward P/E ratio of 41x. Average forward P/E is 27x in the Communications industry in China. Total returns to shareholders of 136% over the past three years.Valuation Update With 7 Day Price Move • Mar 06Investor sentiment improves as stock rises 15%After last week's 15% share price gain to CN¥42.85, the stock trades at a forward P/E ratio of 48x. Average forward P/E is 26x in the Communications industry in China. Total returns to shareholders of 206% over the past three years.Valuation Update With 7 Day Price Move • Feb 19Investor sentiment improves as stock rises 17%After last week's 17% share price gain to CN¥37.62, the stock trades at a forward P/E ratio of 43x. Average forward P/E is 22x in the Communications industry in China. Total returns to shareholders of 168% over the past three years.Valuation Update With 7 Day Price Move • Jan 30Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to CN¥30.84, the stock trades at a forward P/E ratio of 35x. Average forward P/E is 23x in the Communications industry in China. Total returns to shareholders of 117% over the past three years.お知らせ • Dec 29T&S Communications Co.,Ltd. to Report Fiscal Year 2023 Results on Mar 29, 2024T&S Communications Co.,Ltd. announced that they will report fiscal year 2023 results on Mar 29, 2024Valuation Update With 7 Day Price Move • Dec 08Investor sentiment improves as stock rises 17%After last week's 17% share price gain to CN¥42.59, the stock trades at a forward P/E ratio of 49x. Average forward P/E is 26x in the Communications industry in China. Total returns to shareholders of 116% over the past three years.Valuation Update With 7 Day Price Move • Nov 07Investor sentiment improves as stock rises 17%After last week's 17% share price gain to CN¥36.88, the stock trades at a forward P/E ratio of 42x. Average forward P/E is 27x in the Communications industry in China. Total returns to shareholders of 88% over the past three years.Reported Earnings • Oct 26Third quarter 2023 earnings released: EPS: CN¥0.15 (vs CN¥0.25 in 3Q 2022)Third quarter 2023 results: EPS: CN¥0.15 (down from CN¥0.25 in 3Q 2022). Revenue: CN¥232.7m (up 2.3% from 3Q 2022). Net income: CN¥33.2m (down 40% from 3Q 2022). Profit margin: 14% (down from 24% in 3Q 2022). Revenue is forecast to grow 31% p.a. on average during the next 3 years, compared to a 23% growth forecast for the Communications industry in China. 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 22% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Oct 18Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to CN¥36.76, the stock trades at a forward P/E ratio of 39x. Average forward P/E is 30x in the Communications industry in China. Total returns to shareholders of 94% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥24.88 per share.Valuation Update With 7 Day Price Move • Sep 22Investor sentiment improves as stock rises 21%After last week's 21% share price gain to CN¥39.20, the stock trades at a forward P/E ratio of 42x. Average forward P/E is 28x in the Communications industry in China. Total returns to shareholders of 108% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥24.98 per share.お知らせ • Sep 08T&S Communications Co.,Ltd. Announces Executive AppointmentsT&S Communications Co.,Ltd. announced that the Company held its 1st Extraordinary General Meeting of 2023 on 05 September 2023, during which the following proposal(s) was/were approved: Election of non-independent directors, cumulative voting system applicable: Zhang Zhimin, Zhang Yiming, Zhang Yinghua, Xiao Xiangjie, and Li Yanyi; Election of independent directors, cumulative voting system applicable: Lou Yonghui and Zhou Xinli; Election of non-employee supervisors, cumulative voting system applicable: Wu Ningkun and Xiong Qian.Reported Earnings • Aug 18Second quarter 2023 earnings released: EPS: CN¥0.19 (vs CN¥0.32 in 2Q 2022)Second quarter 2023 results: EPS: CN¥0.19 (down from CN¥0.32 in 2Q 2022). Revenue: CN¥200.4m (down 32% from 2Q 2022). Net income: CN¥43.0m (down 40% from 2Q 2022). Profit margin: 22% (down from 24% in 2Q 2022). Revenue is forecast to grow 29% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Communications industry in China. 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 16% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Aug 07Investor sentiment improves as stock rises 15%After last week's 15% share price gain to CN¥45.66, the stock trades at a forward P/E ratio of 48x. Average forward P/E is 28x in the Communications industry in China. Total returns to shareholders of 111% over the past three years.お知らせ • Jul 06T&S Communications Co.,Ltd. Announces Final Cash Dividend on A Shares for the Year 2022, Payable on July 10, 2023T&S Communications Co.,Ltd. announced final cash dividend of CNY 5.00 per 10 shares on A shares for the year 2022. Record date is July 07, 2023, Ex-Date is July 10, 2023 and Payment Date is July 10, 2023.お知らせ • Jul 01T&S Communications Co.,Ltd. to Report First Half, 2023 Results on Aug 18, 2023T&S Communications Co.,Ltd. announced that they will report first half, 2023 results on Aug 18, 2023Valuation Update With 7 Day Price Move • Jun 11Investor sentiment improves as stock rises 18%After last week's 18% share price gain to CN¥38.09, the stock trades at a forward P/E ratio of 40x. Average forward P/E is 30x in the Communications industry in China. Total returns to shareholders of 99% over the past three years.Valuation Update With 7 Day Price Move • May 26Investor sentiment improves as stock rises 19%After last week's 19% share price gain to CN¥28.85, the stock trades at a forward P/E ratio of 30x. Average forward P/E is 27x in the Communications industry in China. Total returns to shareholders of 62% over the past three years.Valuation Update With 7 Day Price Move • May 10Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to CN¥24.10, the stock trades at a forward P/E ratio of 25x. Average forward P/E is 26x in the Communications industry in China. Total returns to shareholders of 21% over the past three years.Valuation Update With 7 Day Price Move • Apr 24Investor sentiment improves as stock rises 20%After last week's 20% share price gain to CN¥32.95, the stock trades at a forward P/E ratio of 36x. Average forward P/E is 28x in the Communications industry in China. Total returns to shareholders of 71% over the past three years.Valuation Update With 7 Day Price Move • Apr 06Investor sentiment improves as stock rises 23%After last week's 23% share price gain to CN¥31.52, the stock trades at a forward P/E ratio of 34x. Average forward P/E is 28x in the Communications industry in China. Total returns to shareholders of 40% over the past three years.Valuation Update With 7 Day Price Move • Mar 22Investor sentiment improves as stock rises 29%After last week's 29% share price gain to CN¥26.30, the stock trades at a forward P/E ratio of 28x. Average forward P/E is 26x in the Communications industry in China. Total returns to shareholders of 9.0% over the past three years.Reported Earnings • Mar 18Full year 2022 earnings released: EPS: CN¥0.81 (vs CN¥0.32 in FY 2021)Full year 2022 results: EPS: CN¥0.81 (up from CN¥0.32 in FY 2021). Revenue: CN¥933.5m (up 44% from FY 2021). Net income: CN¥180.5m (up 152% from FY 2021). Profit margin: 19% (up from 11% in FY 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 28% p.a. on average during the next 2 years, compared to a 20% growth forecast for the Communications industry in China. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings.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¥20.29, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 23x in the Communications industry in China. Total loss to shareholders of 26% over the past three years.Board Change • Nov 16Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 10 experienced directors. 1 highly experienced director. 3 independent directors (6 non-independent directors). Independent Director Guoyao Chen was the last independent director to join the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Reported Earnings • Oct 29Third quarter 2022 earnings released: EPS: CN¥0.25 (vs CN¥0.092 in 3Q 2021)Third quarter 2022 results: EPS: CN¥0.25 (up from CN¥0.092 in 3Q 2021). Revenue: CN¥227.5m (up 48% from 3Q 2021). Net income: CN¥55.2m (up 161% from 3Q 2021). Profit margin: 24% (up from 14% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 22% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Communications industry in China.Reported Earnings • Aug 11Second quarter 2022 earnings released: EPS: CN¥0.32 (vs CN¥0.088 in 2Q 2021)Second quarter 2022 results: EPS: CN¥0.32 (up from CN¥0.088 in 2Q 2021). Revenue: CN¥295.8m (up 86% from 2Q 2021). Net income: CN¥71.7m (up 254% from 2Q 2021). Profit margin: 24% (up from 13% in 2Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 33%, compared to a 29% growth forecast for the industry in China.Valuation Update With 7 Day Price Move • Jul 19Investor sentiment improved over the past weekAfter last week's 24% share price gain to CN¥17.89, the stock trades at a forward P/E ratio of 31x. Average forward P/E is 23x in the Communications industry in China. Total returns to shareholders of 13% over the past year. Simply Wall St's valuation model estimates the intrinsic value at CN¥7.51 per share.Valuation Update With 7 Day Price Move • Jun 15Investor sentiment improved over the past weekAfter last week's 16% share price gain to CN¥15.91, the stock trades at a forward P/E ratio of 28x. Average forward P/E is 23x in the Communications industry in China. Negligible returns to shareholders over past year. Simply Wall St's valuation model estimates the intrinsic value at CN¥7.39 per share.Board Change • Apr 27Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 10 experienced directors. 1 highly experienced director. 3 independent directors (6 non-independent directors). Independent Director Guoyao Chen was the last independent director to join the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Reported Earnings • Apr 10Full year 2021 earnings released: EPS: CN¥0.32 (vs CN¥0.33 in FY 2020)Full year 2021 results: EPS: CN¥0.32 (down from CN¥0.33 in FY 2020). Revenue: CN¥646.3m (up 13% from FY 2020). Net income: CN¥71.8m (down 5.1% from FY 2020). Profit margin: 11% (down from 13% in FY 2020). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 62%, compared to a 32% growth forecast for the industry in China.Valuation Update With 7 Day Price Move • Sep 30Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to CN¥15.24, the stock trades at a forward P/E ratio of 25x. Average forward P/E is 30x in the Communications industry in China. Total loss to shareholders of 21% over the past year.Reported Earnings • Aug 09Second quarter 2021 earnings released: EPS CN¥0.088 (vs CN¥0.12 in 2Q 2020)The company reported a soft second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2021 results: Revenue: CN¥158.9m (up 26% from 2Q 2020). Net income: CN¥20.2m (down 24% from 2Q 2020). Profit margin: 13% (down from 21% in 2Q 2020).Valuation Update With 7 Day Price Move • Jul 29Investor sentiment improved over the past weekAfter last week's 20% share price gain to CN¥20.08, the stock trades at a trailing P/E ratio of 54.2x. Average trailing P/E is 50x in the Communications industry in China. Total loss to shareholders of 2.4% over the past year.Reported Earnings • Apr 30First quarter 2021 earnings released: EPS CN¥0.096 (vs CN¥0.055 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: CN¥157.4m (up 53% from 1Q 2020). Net income: CN¥22.0m (up 73% from 1Q 2020). Profit margin: 14% (up from 12% in 1Q 2020). The increase in margin was driven by higher revenue.Reported Earnings • Apr 01Full year 2020 earnings released: EPS CN¥0.33 (vs CN¥0.73 in FY 2019)The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: CN¥573.6m (down 24% from FY 2019). Net income: CN¥75.6m (down 55% from FY 2019). Profit margin: 13% (down from 22% in FY 2019). The decrease in margin was driven by lower revenue.Is New 90 Day High Low • Feb 04New 90-day low: CN¥14.29The company is down 30% from its price of CN¥20.40 on 06 November 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 18% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥4.60 per share.Is New 90 Day High Low • Jan 06New 90-day low: CN¥15.50The company is down 23% from its price of CN¥20.12 on 09 October 2020. The Chinese market is up 11% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Communications industry, which is down 2.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥4.61 per share.Is New 90 Day High Low • Dec 09New 90-day high: CN¥21.93The company is up 8.0% from its price of CN¥20.26 on 10 September 2020. The Chinese market is up 5.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Communications industry, which is down 5.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥3.34 per share.Is New 90 Day High Low • Oct 29New 90-day low: CN¥18.69The company is down 13% from its price of CN¥21.56 on 31 July 2020. The Chinese market is down 1.0% 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. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥3.60 per share.Reported Earnings • Oct 28Third quarter earnings releasedOver the last 12 months the company has reported total profits of CN¥74.6m, down 61% from the prior year. Total revenue was CN¥503.2m over the last 12 months, down 46% from the prior year.Is New 90 Day High Low • Sep 28New 90-day low: CN¥19.21The company is down 4.0% from its price of CN¥20.00 on 30 June 2020. The Chinese market is up 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Communications industry, which is down 2.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥3.76 per share.収支内訳T&S CommunicationsLtd の稼ぎ方とお金の使い方。LTMベースの直近の報告された収益に基づく。収益と収入の歴史XSEC:300570 収益、費用、利益 ( )CNY Millions日付収益収益G+A経費研究開発費31 Mar 261,5172851387231 Dec 251,5472991527730 Sep 251,6763761707030 Jun 251,6963551607631 Mar 251,5253091397131 Dec 241,3782611227130 Sep 241,178196847330 Jun 241,004163776431 Mar 24918158745931 Dec 23885155715530 Sep 23853134726430 Jun 23848157716431 Mar 23943185886901 Jan 23934180856730 Sep 22879159865630 Jun 22806125825131 Mar 2266973593801 Jan 2264672593630 Sep 2167184533630 Jun 2166179523731 Mar 2162885553631 Dec 2057476553530 Sep 2050375473230 Jun 20553105513031 Mar 20635146543531 Dec 19753168593730 Sep 19931193874330 Jun 19925192854531 Mar 19877166824231 Dec 18794153743630 Sep 18613130492830 Jun 18558115323331 Mar 18518100282531 Dec 17490100322030 Sep 17468104381530 Jun 1744510351031 Mar 1744710750031 Dec 1642110145031 Dec 15502116550質の高い収益: 300570 非現金収入 のレベルが高いです。利益率の向上: 300570の現在の純利益率 (18.8%)は、昨年(20.3%)よりも低くなっています。フリー・キャッシュフローと収益の比較過去の収益成長分析収益動向: 300570の収益は過去 5 年間で年間29.3%増加しました。成長の加速: 300570は過去 1 年間の収益成長がマイナスであったため、5 年間の平均と比較することはできません。収益対業界: 300570は過去 1 年間で収益成長率がマイナス ( -7.6% ) となったため、 Communications業界平均 ( 5.9% ) と比較することが困難です。株主資本利益率高いROE: 300570の 自己資本利益率 ( 16.3% ) は 低い とみなされます。総資産利益率使用総資本利益率過去の好業績企業の発掘7D1Y7D1Y7D1YTech 、過去の業績が好調な企業。View Financial Health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2026/05/21 00:45終値2026/05/21 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T&S Communications Co.,Ltd. 4 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。8 アナリスト機関Liangbi ZhaoChina Galaxy Securities Co., Ltd.null nullChina Merchants Securities (HK) Co., LtdHiu King WongCitigroup Inc5 その他のアナリストを表示
お知らせ • Mar 31T&S Communications Co.,Ltd. to Report Q1, 2026 Results on Apr 24, 2026T&S Communications Co.,Ltd. announced that they will report Q1, 2026 results on Apr 24, 2026
お知らせ • Dec 31T&S Communications Co.,Ltd. to Report Fiscal Year 2025 Results on Mar 31, 2026T&S Communications Co.,Ltd. announced that they will report fiscal year 2025 results on Mar 31, 2026
お知らせ • Sep 30T&S Communications Co.,Ltd. to Report Q3, 2025 Results on Oct 28, 2025T&S Communications Co.,Ltd. announced that they will report Q3, 2025 results on Oct 28, 2025
お知らせ • Jul 02T&S Communications Co.,Ltd. to Report First Half, 2025 Results on Aug 15, 2025T&S Communications Co.,Ltd. announced that they will report first half, 2025 results on Aug 15, 2025
お知らせ • Mar 31T&S Communications Co.,Ltd. to Report Q1, 2025 Results on Apr 29, 2025T&S Communications Co.,Ltd. announced that they will report Q1, 2025 results on Apr 29, 2025
お知らせ • Dec 31T&S Communications Co.,Ltd. to Report Fiscal Year 2024 Results on Mar 29, 2025T&S Communications Co.,Ltd. announced that they will report fiscal year 2024 results on Mar 29, 2025
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. 6 non-independent directors. Independent Director Jiwei Li was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
お知らせ • Apr 24T&S Communications Co.,Ltd., Annual General Meeting, May 15, 2026T&S Communications Co.,Ltd., Annual General Meeting, May 15, 2026, at 14:30 China Standard Time. Location: No. 8, Jinxiu Middle Road, Pingshan District, Shenzhen, Guangdong China
お知らせ • Mar 31T&S Communications Co.,Ltd. to Report Q1, 2026 Results on Apr 24, 2026T&S Communications Co.,Ltd. announced that they will report Q1, 2026 results on Apr 24, 2026
お知らせ • Dec 31T&S Communications Co.,Ltd. to Report Fiscal Year 2025 Results on Mar 31, 2026T&S Communications Co.,Ltd. announced that they will report fiscal year 2025 results on Mar 31, 2026
お知らせ • Sep 30T&S Communications Co.,Ltd. to Report Q3, 2025 Results on Oct 28, 2025T&S Communications Co.,Ltd. announced that they will report Q3, 2025 results on Oct 28, 2025
お知らせ • Jul 02T&S Communications Co.,Ltd. to Report First Half, 2025 Results on Aug 15, 2025T&S Communications Co.,Ltd. announced that they will report first half, 2025 results on Aug 15, 2025
お知らせ • Apr 01T&S Communications Co.,Ltd. Proposes Final Cash Dividend for the Year 2024T&S Communications Co.,Ltd. proposed final cash dividend for the year 2024 as follows: Cash dividend/10 shares (tax included): CNY 8.00000000.
お知らせ • Mar 31T&S Communications Co.,Ltd. to Report Q1, 2025 Results on Apr 29, 2025T&S Communications Co.,Ltd. announced that they will report Q1, 2025 results on Apr 29, 2025
お知らせ • Mar 29T&S Communications Co.,Ltd., Annual General Meeting, Apr 25, 2025T&S Communications Co.,Ltd., Annual General Meeting, Apr 25, 2025, at 14:30 China Standard Time. Location: No. 8, Jinxiu Middle Road, Pingshan District, Shenzhen, Guangdong China
お知らせ • Dec 31T&S Communications Co.,Ltd. to Report Fiscal Year 2024 Results on Mar 29, 2025T&S Communications Co.,Ltd. announced that they will report fiscal year 2024 results on Mar 29, 2025
Reported Earnings • Oct 30Third quarter 2024 earnings released: EPS: CN¥0.29 (vs CN¥0.15 in 3Q 2023)Third quarter 2024 results: EPS: CN¥0.29 (up from CN¥0.15 in 3Q 2023). Revenue: CN¥406.0m (up 75% from 3Q 2023). Net income: CN¥66.3m (up 100% from 3Q 2023). Profit margin: 16% (up from 14% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 33% p.a. on average during the next 3 years, compared to a 21% growth forecast for the Communications industry in China. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has increased by 65% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • Oct 15Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to CN¥36.89, the stock trades at a forward P/E ratio of 28x. Average forward P/E is 28x in the Communications industry in China. Total returns to shareholders of 145% over the past three years.
New Risk • Sep 30New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 7.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by cash flows (125% cash payout ratio). Share price has been volatile over the past 3 months (7.5% average weekly change).
お知らせ • Sep 30T&S Communications Co.,Ltd. to Report Q3, 2024 Results on Oct 30, 2024T&S Communications Co.,Ltd. announced that they will report Q3, 2024 results on Oct 30, 2024
Valuation Update With 7 Day Price Move • Sep 28Investor sentiment improves as stock rises 18%After last week's 18% share price gain to CN¥32.13, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 24x in the Communications industry in China. Total returns to shareholders of 116% over the past three years.
Buy Or Sell Opportunity • Aug 23Now 20% overvaluedOver the last 90 days, the stock has fallen 19% to CN¥29.86. The fair value is estimated to be CN¥24.81, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Earnings per share has grown by 24%. Revenue is forecast to grow by 121% in 2 years. Earnings are forecast to grow by 157% in the next 2 years.
Reported Earnings • Aug 22Second quarter 2024 earnings released: EPS: CN¥0.21 (vs CN¥0.19 in 2Q 2023)Second quarter 2024 results: EPS: CN¥0.21 (up from CN¥0.19 in 2Q 2023). Revenue: CN¥286.6m (up 43% from 2Q 2023). Net income: CN¥47.8m (up 11% from 2Q 2023). Profit margin: 17% (down from 22% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 35% p.a. on average during the next 3 years, compared to a 21% growth forecast for the Communications industry in China. Over the last 3 years on average, earnings per share has increased by 24% per year whereas the company’s share price has increased by 20% per year.
Declared Dividend • Jul 05Dividend of CN¥0.50 announcedDividend of CN¥0.50 is the same as last year. Ex-date: 9th July 2024 Payment date: 9th July 2024 Dividend yield will be 1.6%, which is higher than the industry average of 1.2%. Sustainability & Growth Dividend is covered by both earnings (72% earnings payout ratio) and cash flows (79% cash payout ratio). The dividend has increased by an average of 13% per year over the past 7 years. However, payments have been volatile during that time. EPS is expected to grow by 147% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Buy Or Sell Opportunity • Jul 01Now 20% overvaluedOver the last 90 days, the stock has fallen 14% to CN¥33.10. The fair value is estimated to be CN¥27.50, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Earnings per share has grown by 27%. Revenue is forecast to grow by 116% in 2 years. Earnings are forecast to grow by 132% in the next 2 years.
お知らせ • Jun 29T&S Communications Co.,Ltd. to Report First Half, 2024 Results on Aug 22, 2024T&S Communications Co.,Ltd. announced that they will report first half, 2024 results on Aug 22, 2024
Buy Or Sell Opportunity • Jun 12Now 20% overvaluedOver the last 90 days, the stock has fallen 18% to CN¥33.33. The fair value is estimated to be CN¥27.69, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Earnings per share has grown by 27%. Revenue is forecast to grow by 116% in 2 years. Earnings are forecast to grow by 132% in the next 2 years.
Reported Earnings • Apr 30First quarter 2024 earnings released: EPS: CN¥0.14 (vs CN¥0.13 in 1Q 2023)First quarter 2024 results: EPS: CN¥0.14 (up from CN¥0.13 in 1Q 2023). Revenue: CN¥223.3m (up 18% from 1Q 2023). Net income: CN¥31.7m (up 11% from 1Q 2023). Profit margin: 14% (in line with 1Q 2023). Revenue is forecast to grow 32% p.a. on average during the next 3 years, compared to a 23% growth forecast for the Communications industry in China. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has increased by 39% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Apr 30T&S Communications Co.,Ltd., Annual General Meeting, May 21, 2024T&S Communications Co.,Ltd., Annual General Meeting, May 21, 2024, at 14:30 China Standard Time. Location: No. 8, Jinxiu Middle Road, Pingshan District, Shenzhen, Guangdong China
Valuation Update With 7 Day Price Move • Apr 23Investor sentiment improves as stock rises 23%After last week's 23% share price gain to CN¥39.95, the stock trades at a forward P/E ratio of 35x. Average forward P/E is 27x in the Communications industry in China. Total returns to shareholders of 185% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥17.43 per share.
お知らせ • Mar 30T&S Communications Co.,Ltd. to Report Q1, 2024 Results on Apr 29, 2024T&S Communications Co.,Ltd. announced that they will report Q1, 2024 results on Apr 29, 2024
Reported Earnings • Mar 30Full year 2023 earnings released: EPS: CN¥0.69 (vs CN¥0.81 in FY 2022)Full year 2023 results: EPS: CN¥0.69 (down from CN¥0.81 in FY 2022). Revenue: CN¥884.8m (down 5.2% from FY 2022). Net income: CN¥155.1m (down 14% from FY 2022). Profit margin: 18% (down from 19% in FY 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 29% p.a. on average during the next 3 years, compared to a 23% growth forecast for the Communications industry in China. Over the last 3 years on average, earnings per share has increased by 31% per year whereas the company’s share price has increased by 34% per year.
Valuation Update With 7 Day Price Move • Mar 27Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to CN¥35.91, the stock trades at a forward P/E ratio of 41x. Average forward P/E is 27x in the Communications industry in China. Total returns to shareholders of 136% over the past three years.
Valuation Update With 7 Day Price Move • Mar 06Investor sentiment improves as stock rises 15%After last week's 15% share price gain to CN¥42.85, the stock trades at a forward P/E ratio of 48x. Average forward P/E is 26x in the Communications industry in China. Total returns to shareholders of 206% over the past three years.
Valuation Update With 7 Day Price Move • Feb 19Investor sentiment improves as stock rises 17%After last week's 17% share price gain to CN¥37.62, the stock trades at a forward P/E ratio of 43x. Average forward P/E is 22x in the Communications industry in China. Total returns to shareholders of 168% over the past three years.
Valuation Update With 7 Day Price Move • Jan 30Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to CN¥30.84, the stock trades at a forward P/E ratio of 35x. Average forward P/E is 23x in the Communications industry in China. Total returns to shareholders of 117% over the past three years.
お知らせ • Dec 29T&S Communications Co.,Ltd. to Report Fiscal Year 2023 Results on Mar 29, 2024T&S Communications Co.,Ltd. announced that they will report fiscal year 2023 results on Mar 29, 2024
Valuation Update With 7 Day Price Move • Dec 08Investor sentiment improves as stock rises 17%After last week's 17% share price gain to CN¥42.59, the stock trades at a forward P/E ratio of 49x. Average forward P/E is 26x in the Communications industry in China. Total returns to shareholders of 116% over the past three years.
Valuation Update With 7 Day Price Move • Nov 07Investor sentiment improves as stock rises 17%After last week's 17% share price gain to CN¥36.88, the stock trades at a forward P/E ratio of 42x. Average forward P/E is 27x in the Communications industry in China. Total returns to shareholders of 88% over the past three years.
Reported Earnings • Oct 26Third quarter 2023 earnings released: EPS: CN¥0.15 (vs CN¥0.25 in 3Q 2022)Third quarter 2023 results: EPS: CN¥0.15 (down from CN¥0.25 in 3Q 2022). Revenue: CN¥232.7m (up 2.3% from 3Q 2022). Net income: CN¥33.2m (down 40% from 3Q 2022). Profit margin: 14% (down from 24% in 3Q 2022). Revenue is forecast to grow 31% p.a. on average during the next 3 years, compared to a 23% growth forecast for the Communications industry in China. 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 22% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Oct 18Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to CN¥36.76, the stock trades at a forward P/E ratio of 39x. Average forward P/E is 30x in the Communications industry in China. Total returns to shareholders of 94% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥24.88 per share.
Valuation Update With 7 Day Price Move • Sep 22Investor sentiment improves as stock rises 21%After last week's 21% share price gain to CN¥39.20, the stock trades at a forward P/E ratio of 42x. Average forward P/E is 28x in the Communications industry in China. Total returns to shareholders of 108% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥24.98 per share.
お知らせ • Sep 08T&S Communications Co.,Ltd. Announces Executive AppointmentsT&S Communications Co.,Ltd. announced that the Company held its 1st Extraordinary General Meeting of 2023 on 05 September 2023, during which the following proposal(s) was/were approved: Election of non-independent directors, cumulative voting system applicable: Zhang Zhimin, Zhang Yiming, Zhang Yinghua, Xiao Xiangjie, and Li Yanyi; Election of independent directors, cumulative voting system applicable: Lou Yonghui and Zhou Xinli; Election of non-employee supervisors, cumulative voting system applicable: Wu Ningkun and Xiong Qian.
Reported Earnings • Aug 18Second quarter 2023 earnings released: EPS: CN¥0.19 (vs CN¥0.32 in 2Q 2022)Second quarter 2023 results: EPS: CN¥0.19 (down from CN¥0.32 in 2Q 2022). Revenue: CN¥200.4m (down 32% from 2Q 2022). Net income: CN¥43.0m (down 40% from 2Q 2022). Profit margin: 22% (down from 24% in 2Q 2022). Revenue is forecast to grow 29% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Communications industry in China. 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 16% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Aug 07Investor sentiment improves as stock rises 15%After last week's 15% share price gain to CN¥45.66, the stock trades at a forward P/E ratio of 48x. Average forward P/E is 28x in the Communications industry in China. Total returns to shareholders of 111% over the past three years.
お知らせ • Jul 06T&S Communications Co.,Ltd. Announces Final Cash Dividend on A Shares for the Year 2022, Payable on July 10, 2023T&S Communications Co.,Ltd. announced final cash dividend of CNY 5.00 per 10 shares on A shares for the year 2022. Record date is July 07, 2023, Ex-Date is July 10, 2023 and Payment Date is July 10, 2023.
お知らせ • Jul 01T&S Communications Co.,Ltd. to Report First Half, 2023 Results on Aug 18, 2023T&S Communications Co.,Ltd. announced that they will report first half, 2023 results on Aug 18, 2023
Valuation Update With 7 Day Price Move • Jun 11Investor sentiment improves as stock rises 18%After last week's 18% share price gain to CN¥38.09, the stock trades at a forward P/E ratio of 40x. Average forward P/E is 30x in the Communications industry in China. Total returns to shareholders of 99% over the past three years.
Valuation Update With 7 Day Price Move • May 26Investor sentiment improves as stock rises 19%After last week's 19% share price gain to CN¥28.85, the stock trades at a forward P/E ratio of 30x. Average forward P/E is 27x in the Communications industry in China. Total returns to shareholders of 62% over the past three years.
Valuation Update With 7 Day Price Move • May 10Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to CN¥24.10, the stock trades at a forward P/E ratio of 25x. Average forward P/E is 26x in the Communications industry in China. Total returns to shareholders of 21% over the past three years.
Valuation Update With 7 Day Price Move • Apr 24Investor sentiment improves as stock rises 20%After last week's 20% share price gain to CN¥32.95, the stock trades at a forward P/E ratio of 36x. Average forward P/E is 28x in the Communications industry in China. Total returns to shareholders of 71% over the past three years.
Valuation Update With 7 Day Price Move • Apr 06Investor sentiment improves as stock rises 23%After last week's 23% share price gain to CN¥31.52, the stock trades at a forward P/E ratio of 34x. Average forward P/E is 28x in the Communications industry in China. Total returns to shareholders of 40% over the past three years.
Valuation Update With 7 Day Price Move • Mar 22Investor sentiment improves as stock rises 29%After last week's 29% share price gain to CN¥26.30, the stock trades at a forward P/E ratio of 28x. Average forward P/E is 26x in the Communications industry in China. Total returns to shareholders of 9.0% over the past three years.
Reported Earnings • Mar 18Full year 2022 earnings released: EPS: CN¥0.81 (vs CN¥0.32 in FY 2021)Full year 2022 results: EPS: CN¥0.81 (up from CN¥0.32 in FY 2021). Revenue: CN¥933.5m (up 44% from FY 2021). Net income: CN¥180.5m (up 152% from FY 2021). Profit margin: 19% (up from 11% in FY 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 28% p.a. on average during the next 2 years, compared to a 20% growth forecast for the Communications industry in China. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings.
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¥20.29, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 23x in the Communications industry in China. Total loss to shareholders of 26% over the past three years.
Board Change • Nov 16Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 10 experienced directors. 1 highly experienced director. 3 independent directors (6 non-independent directors). Independent Director Guoyao Chen was the last independent director to join the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Reported Earnings • Oct 29Third quarter 2022 earnings released: EPS: CN¥0.25 (vs CN¥0.092 in 3Q 2021)Third quarter 2022 results: EPS: CN¥0.25 (up from CN¥0.092 in 3Q 2021). Revenue: CN¥227.5m (up 48% from 3Q 2021). Net income: CN¥55.2m (up 161% from 3Q 2021). Profit margin: 24% (up from 14% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 22% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Communications industry in China.
Reported Earnings • Aug 11Second quarter 2022 earnings released: EPS: CN¥0.32 (vs CN¥0.088 in 2Q 2021)Second quarter 2022 results: EPS: CN¥0.32 (up from CN¥0.088 in 2Q 2021). Revenue: CN¥295.8m (up 86% from 2Q 2021). Net income: CN¥71.7m (up 254% from 2Q 2021). Profit margin: 24% (up from 13% in 2Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 33%, compared to a 29% growth forecast for the industry in China.
Valuation Update With 7 Day Price Move • Jul 19Investor sentiment improved over the past weekAfter last week's 24% share price gain to CN¥17.89, the stock trades at a forward P/E ratio of 31x. Average forward P/E is 23x in the Communications industry in China. Total returns to shareholders of 13% over the past year. Simply Wall St's valuation model estimates the intrinsic value at CN¥7.51 per share.
Valuation Update With 7 Day Price Move • Jun 15Investor sentiment improved over the past weekAfter last week's 16% share price gain to CN¥15.91, the stock trades at a forward P/E ratio of 28x. Average forward P/E is 23x in the Communications industry in China. Negligible returns to shareholders over past year. Simply Wall St's valuation model estimates the intrinsic value at CN¥7.39 per share.
Board Change • Apr 27Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 10 experienced directors. 1 highly experienced director. 3 independent directors (6 non-independent directors). Independent Director Guoyao Chen was the last independent director to join the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Reported Earnings • Apr 10Full year 2021 earnings released: EPS: CN¥0.32 (vs CN¥0.33 in FY 2020)Full year 2021 results: EPS: CN¥0.32 (down from CN¥0.33 in FY 2020). Revenue: CN¥646.3m (up 13% from FY 2020). Net income: CN¥71.8m (down 5.1% from FY 2020). Profit margin: 11% (down from 13% in FY 2020). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 62%, compared to a 32% growth forecast for the industry in China.
Valuation Update With 7 Day Price Move • Sep 30Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to CN¥15.24, the stock trades at a forward P/E ratio of 25x. Average forward P/E is 30x in the Communications industry in China. Total loss to shareholders of 21% over the past year.
Reported Earnings • Aug 09Second quarter 2021 earnings released: EPS CN¥0.088 (vs CN¥0.12 in 2Q 2020)The company reported a soft second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2021 results: Revenue: CN¥158.9m (up 26% from 2Q 2020). Net income: CN¥20.2m (down 24% from 2Q 2020). Profit margin: 13% (down from 21% in 2Q 2020).
Valuation Update With 7 Day Price Move • Jul 29Investor sentiment improved over the past weekAfter last week's 20% share price gain to CN¥20.08, the stock trades at a trailing P/E ratio of 54.2x. Average trailing P/E is 50x in the Communications industry in China. Total loss to shareholders of 2.4% over the past year.
Reported Earnings • Apr 30First quarter 2021 earnings released: EPS CN¥0.096 (vs CN¥0.055 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: CN¥157.4m (up 53% from 1Q 2020). Net income: CN¥22.0m (up 73% from 1Q 2020). Profit margin: 14% (up from 12% in 1Q 2020). The increase in margin was driven by higher revenue.
Reported Earnings • Apr 01Full year 2020 earnings released: EPS CN¥0.33 (vs CN¥0.73 in FY 2019)The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: CN¥573.6m (down 24% from FY 2019). Net income: CN¥75.6m (down 55% from FY 2019). Profit margin: 13% (down from 22% in FY 2019). The decrease in margin was driven by lower revenue.
Is New 90 Day High Low • Feb 04New 90-day low: CN¥14.29The company is down 30% from its price of CN¥20.40 on 06 November 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 18% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥4.60 per share.
Is New 90 Day High Low • Jan 06New 90-day low: CN¥15.50The company is down 23% from its price of CN¥20.12 on 09 October 2020. The Chinese market is up 11% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Communications industry, which is down 2.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥4.61 per share.
Is New 90 Day High Low • Dec 09New 90-day high: CN¥21.93The company is up 8.0% from its price of CN¥20.26 on 10 September 2020. The Chinese market is up 5.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Communications industry, which is down 5.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥3.34 per share.
Is New 90 Day High Low • Oct 29New 90-day low: CN¥18.69The company is down 13% from its price of CN¥21.56 on 31 July 2020. The Chinese market is down 1.0% 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. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥3.60 per share.
Reported Earnings • Oct 28Third quarter earnings releasedOver the last 12 months the company has reported total profits of CN¥74.6m, down 61% from the prior year. Total revenue was CN¥503.2m over the last 12 months, down 46% from the prior year.
Is New 90 Day High Low • Sep 28New 90-day low: CN¥19.21The company is down 4.0% from its price of CN¥20.00 on 30 June 2020. The Chinese market is up 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Communications industry, which is down 2.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥3.76 per share.