Hengtong Optic-Electric（600487）株式概要亨通光電股份有限公司は、中国国内および国際的に光ファイバー通信事業を展開している。 詳細600487 ファンダメンタル分析スノーフレーク・スコア評価3/6将来の成長3/6過去の実績3/6財務の健全性4/6配当金3/6報酬株価収益率（ 47.1 x）は、 Communications業界平均（ 111.9 x）を下回っています。収益は年間32.6%増加すると予測されています 過去1年間で収益は14.8%増加しました 同業他社や業界と比較して、良好な取引価格 リスク分析CN市場と比較して、過去 3 か月間の株価の変動が非常に大きい0.44%の配当はフリーキャッシュフローで十分にカバーされていない すべてのリスクチェックを見る600487 Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.NEW463,909 membersJoin community and earn perksGain real feedbackFrom our editorial team, personally. Not silence.Grow your followingReal investors. The kind who actually invest, not scroll past.Unlock free accessFree premium subscription for consistent and quality authors.Learn moreCreate NarrativeBLINRODA463,909 investors already sharing narrativesYour Fair ValueCN¥Current PriceCN¥62.1819.1% 割安 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture0134b2016201920222025202620282031Revenue CN¥134.0bEarnings CN¥6.1bAdvancedSet Fair ValueView all narrativesHengtong Optic-Electric Co., Ltd. 競合他社Ruijie NetworksSymbol: SZSE:301165Market cap: CN¥141.4bZTESymbol: SZSE:000063Market cap: CN¥150.6bEverProX TechnologiesSymbol: SZSE:300548Market cap: CN¥58.2bCIG ShanghaiSymbol: SHSE:603083Market cap: CN¥60.8b価格と性能株価の高値、安値、推移の概要Hengtong Optic-Electric過去の株価現在の株価CN¥62.1852週高値CN¥125.1652週安値CN¥18.18ベータ0.641ヶ月の変化12.81%3ヶ月変化-14.88%1年変化231.98%3年間の変化350.91%5年間の変化399.44%IPOからの変化1,152.55%最新ニュースValuation Update With 7 Day Price Move • Aug 06Investor sentiment improves as stock rises 19%After last week's 19% share price gain to CN¥56.15, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 47x in the Communications industry in China. Total returns to shareholders of 294% over the past three years.Valuation Update With 7 Day Price Move • Jul 18Investor sentiment deteriorates as stock falls 25%After last week's 25% share price decline to CN¥58.39, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 46x in the Communications industry in China. Total returns to shareholders of 301% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥27.95 per share.Valuation Update With 7 Day Price Move • Jul 02Investor sentiment deteriorates as stock falls 24%After last week's 24% share price decline to CN¥93.84, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 60x in the Communications industry in China. Total returns to shareholders of 561% over the past three years.お知らせ • Jun 30Hengtong Optic-Electric Co., Ltd. to Report First Half, 2026 Results on Aug 27, 2026Hengtong Optic-Electric Co., Ltd. announced that they will report first half, 2026 results on Aug 27, 2026Declared Dividend • Jun 25Dividend increased to CN¥0.28Dividend of CN¥0.28 is 20% higher than last year. Ex-date: 29th June 2026 Payment date: 29th June 2026 Dividend yield will be 0.2%, which is lower than the industry average of 1.2%. Sustainability & Growth Dividend is covered by earnings (21% 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 23% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 181% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Valuation Update With 7 Day Price Move • Jun 02Investor sentiment improves as stock rises 20%After last week's 20% share price gain to CN¥83.12, the stock trades at a forward P/E ratio of 30x. Average forward P/E is 63x in the Communications industry in China. Total returns to shareholders of 493% over the past three years.最新情報をもっと見るRecent updatesValuation Update With 7 Day Price Move • Aug 06Investor sentiment improves as stock rises 19%After last week's 19% share price gain to CN¥56.15, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 47x in the Communications industry in China. Total returns to shareholders of 294% over the past three years.Valuation Update With 7 Day Price Move • Jul 18Investor sentiment deteriorates as stock falls 25%After last week's 25% share price decline to CN¥58.39, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 46x in the Communications industry in China. Total returns to shareholders of 301% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥27.95 per share.Valuation Update With 7 Day Price Move • Jul 02Investor sentiment deteriorates as stock falls 24%After last week's 24% share price decline to CN¥93.84, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 60x in the Communications industry in China. Total returns to shareholders of 561% over the past three years.お知らせ • Jun 30Hengtong Optic-Electric Co., Ltd. to Report First Half, 2026 Results on Aug 27, 2026Hengtong Optic-Electric Co., Ltd. announced that they will report first half, 2026 results on Aug 27, 2026Declared Dividend • Jun 25Dividend increased to CN¥0.28Dividend of CN¥0.28 is 20% higher than last year. Ex-date: 29th June 2026 Payment date: 29th June 2026 Dividend yield will be 0.2%, which is lower than the industry average of 1.2%. Sustainability & Growth Dividend is covered by earnings (21% 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 23% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 181% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Valuation Update With 7 Day Price Move • Jun 02Investor sentiment improves as stock rises 20%After last week's 20% share price gain to CN¥83.12, the stock trades at a forward P/E ratio of 30x. Average forward P/E is 63x in the Communications industry in China. Total returns to shareholders of 493% over the past three years.Board Change • May 20Less than half of directors are independentFollowing the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 6 non-independent directors. Independent Director Xiao Min Ren 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 25Hengtong Optic-Electric Co., Ltd., Annual General Meeting, May 22, 2026Hengtong Optic-Electric Co., Ltd., Annual General Meeting, May 22, 2026, at 14:00 China Standard Time. Location: No. 2288, Zhongshan North Road, Wujiang District, Suzhou, Jiangsu Chinaお知らせ • Mar 30Hengtong Optic-Electric Co., Ltd. to Report Q1, 2026 Results on Apr 25, 2026Hengtong Optic-Electric Co., Ltd. announced that they will report Q1, 2026 results on Apr 25, 2026お知らせ • Dec 26Hengtong Optic-Electric Co., Ltd. to Report Fiscal Year 2025 Results on Apr 25, 2026Hengtong Optic-Electric Co., Ltd. announced that they will report fiscal year 2025 results on Apr 25, 2026お知らせ • Sep 30Hengtong Optic-Electric Co., Ltd. to Report Q3, 2025 Results on Oct 28, 2025Hengtong Optic-Electric Co., Ltd. announced that they will report Q3, 2025 results on Oct 28, 2025お知らせ • Jun 30Hengtong Optic-Electric Co., Ltd. to Report First Half, 2025 Results on Aug 26, 2025Hengtong Optic-Electric Co., Ltd. announced that they will report first half, 2025 results on Aug 26, 2025お知らせ • Apr 25Hengtong Optic-Electric Co., Ltd., Annual General Meeting, May 20, 2025Hengtong Optic-Electric Co., Ltd., Annual General Meeting, May 20, 2025, at 14:00 China Standard Time. Location: No. 2288, Zhongshan North Road, Wujiang District, Suzhou, Jiangsu Chinaお知らせ • Mar 28Hengtong Optic-Electric Co., Ltd. to Report Q1, 2025 Results on Apr 25, 2025Hengtong Optic-Electric Co., Ltd. announced that they will report Q1, 2025 results on Apr 25, 2025お知らせ • Dec 27Hengtong Optic-Electric Co., Ltd. to Report Fiscal Year 2024 Results on Apr 25, 2025Hengtong Optic-Electric Co., Ltd. announced that they will report fiscal year 2024 results on Apr 25, 2025Reported Earnings • Oct 29Third quarter 2024 earnings released: EPS: CN¥0.29 (vs CN¥0.22 in 3Q 2023)Third quarter 2024 results: EPS: CN¥0.29 (up from CN¥0.22 in 3Q 2023). Revenue: CN¥15.8b (up 32% from 3Q 2023). Net income: CN¥705.5m (up 27% from 3Q 2023). Profit margin: 4.5% (down from 4.6% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 22% growth forecast for the Communications industry in China. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Sep 30Investor sentiment improves as stock rises 17%After last week's 17% share price gain to CN¥16.91, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 24x in the Communications industry in China. Total returns to shareholders of 25% over the past three years.お知らせ • Sep 30Hengtong Optic-Electric Co., Ltd. to Report Q3, 2024 Results on Oct 29, 2024Hengtong Optic-Electric Co., Ltd. announced that they will report Q3, 2024 results on Oct 29, 2024Reported Earnings • Aug 29Second quarter 2024 earnings released: EPS: CN¥0.44 (vs CN¥0.35 in 2Q 2023)Second quarter 2024 results: EPS: CN¥0.44 (up from CN¥0.35 in 2Q 2023). Revenue: CN¥14.8b (up 21% from 2Q 2023). Net income: CN¥1.10b (up 28% from 2Q 2023). Profit margin: 7.4% (up from 6.9% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 11% 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 16% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.Declared Dividend • Jul 12Dividend of CN¥0.15 announcedShareholders will receive a dividend of CN¥0.15. Ex-date: 16th July 2024 Payment date: 16th July 2024 Dividend yield will be 0.9%, which is lower than the industry average of 1.2%. Sustainability & Growth Dividend is covered by both earnings (16% earnings payout ratio) and cash flows (66% cash payout ratio). The dividend has increased by an average of 19% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 72% over the next 3 years, which should provide support to the dividend and adequate earnings cover.お知らせ • Jun 28Hengtong Optic-Electric Co., Ltd. to Report First Half, 2024 Results on Aug 29, 2024Hengtong Optic-Electric Co., Ltd. announced that they will report first half, 2024 results on Aug 29, 2024Reported Earnings • Apr 27First quarter 2024 earnings released: EPS: CN¥0.21 (vs CN¥0.16 in 1Q 2023)First quarter 2024 results: EPS: CN¥0.21 (up from CN¥0.16 in 1Q 2023). Revenue: CN¥11.8b (up 8.4% from 1Q 2023). Net income: CN¥513.1m (up 30% from 1Q 2023). Profit margin: 4.4% (up from 3.6% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 15% p.a. on average during the next 2 years, compared to a 22% growth forecast for the Communications industry in China. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.お知らせ • Apr 27Hengtong Optic-Electric Co., Ltd., Annual General Meeting, May 17, 2024Hengtong Optic-Electric Co., Ltd., Annual General Meeting, May 17, 2024, at 14:00 China Standard Time. Location: No. 2288, Zhongshan North Road, Wujiang District, Suzhou, Jiangsu Chinaお知らせ • Mar 30Hengtong Optic-Electric Co., Ltd. to Report Q1, 2024 Results on Apr 26, 2024Hengtong Optic-Electric Co., Ltd. announced that they will report Q1, 2024 results on Apr 26, 2024お知らせ • Jan 17Hengtong Optic-Electric Co., Ltd. (SHSE:600487) announces an Equity Buyback for CNY 200 million worth of its shares.Hengtong Optic-Electric Co., Ltd. (SHSE:600487) announces a share repurchase program. Under the program, the company will repurchase up to CNY 200 million worth of its A shares. The shares will be repurchased at a price not more than CNY 17.64 per share. The repurchased shares will be used for employees’ shareholding program. The program will be valid for a period of 12 months.お知らせ • Dec 29Hengtong Optic-Electric Co., Ltd. to Report Fiscal Year 2023 Results on Apr 26, 2024Hengtong Optic-Electric Co., Ltd. announced that they will report fiscal year 2023 results on Apr 26, 2024Reported Earnings • Nov 02Third quarter 2023 earnings released: EPS: CN¥0.22 (vs CN¥0.24 in 3Q 2022)Third quarter 2023 results: EPS: CN¥0.22 (down from CN¥0.24 in 3Q 2022). Revenue: CN¥11.9b (down 5.0% from 3Q 2022). Net income: CN¥554.4m (flat on 3Q 2022). Profit margin: 4.6% (up from 4.5% in 3Q 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 24% growth forecast for the Communications industry in China. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings.お知らせ • Oct 25Hengtong Optic-Electric Co., Ltd. (SHSE:600487) announces an Equity Buyback for CNY 100 million worth of its shares.Hengtong Optic-Electric Co., Ltd. (SHSE:600487) announces a share repurchase program. Under the program, the company will repurchase up to CNY 100 million worth of its shares. The program will be valid for 12 months.お知らせ • Sep 30Hengtong Optic-Electric Co., Ltd. to Report Q3, 2023 Results on Oct 31, 2023Hengtong Optic-Electric Co., Ltd. announced that they will report Q3, 2023 results on Oct 31, 2023Reported Earnings • Aug 25Second quarter 2023 earnings released: EPS: CN¥0.35 (vs CN¥0.22 in 2Q 2022)Second quarter 2023 results: EPS: CN¥0.35 (up from CN¥0.22 in 2Q 2022). Revenue: CN¥12.3b (down 3.5% from 2Q 2022). Net income: CN¥854.4m (up 66% from 2Q 2022). Profit margin: 6.9% (up from 4.0% in 2Q 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 14% 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 11% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings.Reported Earnings • Apr 26Full year 2022 earnings released: EPS: CN¥0.67 (vs CN¥0.61 in FY 2021)Full year 2022 results: EPS: CN¥0.67 (up from CN¥0.61 in FY 2021). Revenue: CN¥46.5b (up 13% from FY 2021). Net income: CN¥1.58b (up 10% from FY 2021). Profit margin: 3.4% (down from 3.5% in FY 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 14% p.a. on average during the next 2 years, compared to a 18% growth forecast for the Communications industry in China. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.お知らせ • Feb 02+ 2 more updatesHengtong Optic-Electric Co., Ltd. (SHSE:600487) agreed to acquire a 10.87% stake in Jiangsu Hengtong Photoconductive New Material Co., Ltd from BOC Financial Asset Investment Co., Ltd.Hengtong Optic-Electric Co., Ltd. (SHSE:600487) agreed to acquire a 10.87% stake in Jiangsu Hengtong Photoconductive New Material Co., Ltd from BOC Financial Asset Investment Co., Ltd. for CNY 760 million on January 13, 2023. For the period September 30, 2022, Jiangsu Hengtong Photoconductive had CNY 6183.106 of total assets and CNY 5722.89 million of Net assets.Hengtong Optic-Electric Co., Ltd. (SHSE:600487) agreed to acquire a 10.87% stake in Jiangsu Hengtong Photoconductive New Material Co., Ltd from BOC Financial Asset Investment Co., Ltd. on January 30, 2023.Board Change • Nov 16Less than half of directors are independentThere are 9 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 9 new directors. 2 experienced directors. 1 highly experienced director. 2 independent directors (7 non-independent directors). Chairman of Supervisory Board Weixing Xu is the most experienced director on the board, commencing their role in 2009. Independent Director Junhui Yang was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors.Reported Earnings • Oct 30Third quarter 2022 earnings released: EPS: CN¥0.24 (vs CN¥0.27 in 3Q 2021)Third quarter 2022 results: EPS: CN¥0.24 (down from CN¥0.27 in 3Q 2021). Revenue: CN¥12.5b (up 6.7% from 3Q 2021). Net income: CN¥559.5m (down 13% from 3Q 2021). Profit margin: 4.5% (down from 5.5% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 15% 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 fallen by 2% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings.Board Change • Apr 27Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 12 experienced directors. No highly experienced directors. 4 independent directors (8 non-independent directors). Chairman Jianlin Qian was the last director to join the board, commencing their role in 2015. 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 28Third quarter 2021 earnings released: EPS CN¥0.27 (vs CN¥0.22 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: CN¥11.8b (up 19% from 3Q 2020). Net income: CN¥644.6m (up 50% from 3Q 2020). Profit margin: 5.5% (up from 4.4% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 35% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings.Reported Earnings • Aug 24Second quarter 2021 earnings released: EPS CN¥0.17 (vs CN¥0.11 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CN¥11.1b (up 16% from 2Q 2020). Net income: CN¥406.9m (up 94% from 2Q 2020). Profit margin: 3.7% (up from 2.2% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 38% per year but the company’s share price has only fallen by 20% per year, which means it has not declined as severely as earnings.Reported Earnings • Apr 30First quarter 2021 earnings released: EPS CN¥0.11 (vs CN¥0.12 in 1Q 2020)The company reported a solid first quarter result with improved earnings and revenues, although profit margins were weaker. First quarter 2021 results: Revenue: CN¥6.97b (up 17% from 1Q 2020). Net income: CN¥264.1m (up 13% from 1Q 2020). Profit margin: 3.8% (down from 3.9% in 1Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 37% per year but the company’s share price has only fallen by 21% per year, which means it has not declined as severely as earnings.Is New 90 Day High Low • Jan 22New 90-day low: CN¥13.41The company is down 12% from its price of CN¥15.21 on 23 October 2020. The Chinese market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the 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¥1.75 per share.Is New 90 Day High Low • Dec 12New 90-day low: CN¥14.10The company is down 5.0% from its price of CN¥14.91 on 11 September 2020. The Chinese market is up 2.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed 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¥1.55 per share.Analyst Estimate Surprise Post Earnings • Nov 03Revenue misses expectationsRevenue missed analyst estimates by 0.8%. Over the next year, revenue is forecast to grow 17%, compared to a 29% growth forecast for the Communications industry in China.Reported Earnings • Nov 03Third quarter 2020 earnings released: EPS CN¥0.22The company reported a soft third quarter result with weaker earnings and profit margins, although revenues were improved. Third quarter 2020 results: Revenue: CN¥9.89b (up 7.7% from 3Q 2019). Net income: CN¥430.6m (down 5.7% from 3Q 2019). Profit margin: 4.4% (down from 5.0% in 3Q 2019). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has only fallen by 19% per year, which means it has not declined as severely as earnings.Is New 90 Day High Low • Sep 26New 90-day low: CN¥14.67The company is down 11% from its price of CN¥16.56 on 24 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 3.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥1.61 per share.株主還元600487CN CommunicationsCN 市場7D-1.3%-0.5%-1.3%1Y232.0%77.5%5.4%株主還元を見る業界別リターン: 600487過去 1 年間で77.5 % の収益を上げたCN Communications業界を上回りました。リターン対市場: 600487過去 1 年間で5.4 % の収益を上げたCN市場を上回りました。価格変動Is 600487's price volatile compared to industry and market?600487 volatility600487 Average Weekly Movement12.9%Communications Industry Average Movement8.6%Market Average Movement7.4%10% most volatile stocks in CN Market12.6%10% least volatile stocks in CN Market4.4%安定した株価: 600487の株価は、 CN市場と比較して過去 3 か月間で変動しています。時間の経過による変動: 600487の weekly volatility ( 13% ) は過去 1 年間安定していますが、依然としてCNの株式の 75% よりも高くなっています。会社概要設立従業員CEO（最高経営責任者ウェブサイト199317,124Jianfeng Zhangwww.htgd.com.cn亨通光電股份有限公司は、中国国内外で光ファイバー通信事業を展開している。光ファイバーネットワーク、量子セキュリティ通信、シリコンフォトニクス技術、海洋観測ネットワーク製品、送電製品、スマートグリッド、スマート海洋システムソリューション、鉄道輸送ソリューション、スマートシティソリューション、ビッグデータシステムを提供している。同社は1993年に設立され、中国の蘇州に本社を置いている。もっと見るHengtong Optic-Electric Co., Ltd. 基礎のまとめHengtong Optic-Electric の収益と売上を時価総額と比較するとどうか。600487 基礎統計学時価総額CN¥151.95b収益（TTM）CN¥3.23b売上高(TTM)CN¥71.38b47.1xPER（株価収益率2.1xP/Sレシオ600487 は割高か？公正価値と評価分析を参照収益と収入最新の決算報告書（TTM）に基づく主な収益性統計600487 損益計算書（TTM）収益CN¥71.38b売上原価CN¥62.01b売上総利益CN¥9.37bその他の費用CN¥6.14b収益CN¥3.23b直近の収益報告Mar 31, 2026次回決算日Aug 27, 2026一株当たり利益（EPS）1.32グロス・マージン13.13%純利益率4.52%有利子負債／自己資本比率50.5%600487 の長期的なパフォーマンスは？過去の実績と比較を見る配当金0.4%現在の配当利回り21%配当性向View Valuation企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/08/21 21:41終値2026/08/21 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このレポートを生成するために使用した分析モデルの詳細は、当社のGitHubページでご覧いただけます。また、レポートの活用方法に関するガイドやYouTubeのチュートリアルも用意しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Hengtong Optic-Electric 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。15 アナリスト機関Liangbi ZhaoChina Galaxy Securities Co., Ltd.Shiwen LiChina International Capital Corporation LimitedYayuan HuangCitic Securities Co., Ltd.12 その他のアナリストを表示
Valuation Update With 7 Day Price Move • Aug 06Investor sentiment improves as stock rises 19%After last week's 19% share price gain to CN¥56.15, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 47x in the Communications industry in China. Total returns to shareholders of 294% over the past three years.
Valuation Update With 7 Day Price Move • Jul 18Investor sentiment deteriorates as stock falls 25%After last week's 25% share price decline to CN¥58.39, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 46x in the Communications industry in China. Total returns to shareholders of 301% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥27.95 per share.
Valuation Update With 7 Day Price Move • Jul 02Investor sentiment deteriorates as stock falls 24%After last week's 24% share price decline to CN¥93.84, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 60x in the Communications industry in China. Total returns to shareholders of 561% over the past three years.
お知らせ • Jun 30Hengtong Optic-Electric Co., Ltd. to Report First Half, 2026 Results on Aug 27, 2026Hengtong Optic-Electric Co., Ltd. announced that they will report first half, 2026 results on Aug 27, 2026
Declared Dividend • Jun 25Dividend increased to CN¥0.28Dividend of CN¥0.28 is 20% higher than last year. Ex-date: 29th June 2026 Payment date: 29th June 2026 Dividend yield will be 0.2%, which is lower than the industry average of 1.2%. Sustainability & Growth Dividend is covered by earnings (21% 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 23% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 181% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Valuation Update With 7 Day Price Move • Jun 02Investor sentiment improves as stock rises 20%After last week's 20% share price gain to CN¥83.12, the stock trades at a forward P/E ratio of 30x. Average forward P/E is 63x in the Communications industry in China. Total returns to shareholders of 493% over the past three years.
Valuation Update With 7 Day Price Move • Aug 06Investor sentiment improves as stock rises 19%After last week's 19% share price gain to CN¥56.15, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 47x in the Communications industry in China. Total returns to shareholders of 294% over the past three years.
Valuation Update With 7 Day Price Move • Jul 18Investor sentiment deteriorates as stock falls 25%After last week's 25% share price decline to CN¥58.39, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 46x in the Communications industry in China. Total returns to shareholders of 301% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥27.95 per share.
Valuation Update With 7 Day Price Move • Jul 02Investor sentiment deteriorates as stock falls 24%After last week's 24% share price decline to CN¥93.84, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 60x in the Communications industry in China. Total returns to shareholders of 561% over the past three years.
お知らせ • Jun 30Hengtong Optic-Electric Co., Ltd. to Report First Half, 2026 Results on Aug 27, 2026Hengtong Optic-Electric Co., Ltd. announced that they will report first half, 2026 results on Aug 27, 2026
Declared Dividend • Jun 25Dividend increased to CN¥0.28Dividend of CN¥0.28 is 20% higher than last year. Ex-date: 29th June 2026 Payment date: 29th June 2026 Dividend yield will be 0.2%, which is lower than the industry average of 1.2%. Sustainability & Growth Dividend is covered by earnings (21% 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 23% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 181% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Valuation Update With 7 Day Price Move • Jun 02Investor sentiment improves as stock rises 20%After last week's 20% share price gain to CN¥83.12, the stock trades at a forward P/E ratio of 30x. Average forward P/E is 63x in the Communications industry in China. Total returns to shareholders of 493% over the past three years.
Board Change • May 20Less than half of directors are independentFollowing the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 6 non-independent directors. Independent Director Xiao Min Ren 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 25Hengtong Optic-Electric Co., Ltd., Annual General Meeting, May 22, 2026Hengtong Optic-Electric Co., Ltd., Annual General Meeting, May 22, 2026, at 14:00 China Standard Time. Location: No. 2288, Zhongshan North Road, Wujiang District, Suzhou, Jiangsu China
お知らせ • Mar 30Hengtong Optic-Electric Co., Ltd. to Report Q1, 2026 Results on Apr 25, 2026Hengtong Optic-Electric Co., Ltd. announced that they will report Q1, 2026 results on Apr 25, 2026
お知らせ • Dec 26Hengtong Optic-Electric Co., Ltd. to Report Fiscal Year 2025 Results on Apr 25, 2026Hengtong Optic-Electric Co., Ltd. announced that they will report fiscal year 2025 results on Apr 25, 2026
お知らせ • Sep 30Hengtong Optic-Electric Co., Ltd. to Report Q3, 2025 Results on Oct 28, 2025Hengtong Optic-Electric Co., Ltd. announced that they will report Q3, 2025 results on Oct 28, 2025
お知らせ • Jun 30Hengtong Optic-Electric Co., Ltd. to Report First Half, 2025 Results on Aug 26, 2025Hengtong Optic-Electric Co., Ltd. announced that they will report first half, 2025 results on Aug 26, 2025
お知らせ • Apr 25Hengtong Optic-Electric Co., Ltd., Annual General Meeting, May 20, 2025Hengtong Optic-Electric Co., Ltd., Annual General Meeting, May 20, 2025, at 14:00 China Standard Time. Location: No. 2288, Zhongshan North Road, Wujiang District, Suzhou, Jiangsu China
お知らせ • Mar 28Hengtong Optic-Electric Co., Ltd. to Report Q1, 2025 Results on Apr 25, 2025Hengtong Optic-Electric Co., Ltd. announced that they will report Q1, 2025 results on Apr 25, 2025
お知らせ • Dec 27Hengtong Optic-Electric Co., Ltd. to Report Fiscal Year 2024 Results on Apr 25, 2025Hengtong Optic-Electric Co., Ltd. announced that they will report fiscal year 2024 results on Apr 25, 2025
Reported Earnings • Oct 29Third quarter 2024 earnings released: EPS: CN¥0.29 (vs CN¥0.22 in 3Q 2023)Third quarter 2024 results: EPS: CN¥0.29 (up from CN¥0.22 in 3Q 2023). Revenue: CN¥15.8b (up 32% from 3Q 2023). Net income: CN¥705.5m (up 27% from 3Q 2023). Profit margin: 4.5% (down from 4.6% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 22% growth forecast for the Communications industry in China. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Sep 30Investor sentiment improves as stock rises 17%After last week's 17% share price gain to CN¥16.91, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 24x in the Communications industry in China. Total returns to shareholders of 25% over the past three years.
お知らせ • Sep 30Hengtong Optic-Electric Co., Ltd. to Report Q3, 2024 Results on Oct 29, 2024Hengtong Optic-Electric Co., Ltd. announced that they will report Q3, 2024 results on Oct 29, 2024
Reported Earnings • Aug 29Second quarter 2024 earnings released: EPS: CN¥0.44 (vs CN¥0.35 in 2Q 2023)Second quarter 2024 results: EPS: CN¥0.44 (up from CN¥0.35 in 2Q 2023). Revenue: CN¥14.8b (up 21% from 2Q 2023). Net income: CN¥1.10b (up 28% from 2Q 2023). Profit margin: 7.4% (up from 6.9% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 11% 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 16% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.
Declared Dividend • Jul 12Dividend of CN¥0.15 announcedShareholders will receive a dividend of CN¥0.15. Ex-date: 16th July 2024 Payment date: 16th July 2024 Dividend yield will be 0.9%, which is lower than the industry average of 1.2%. Sustainability & Growth Dividend is covered by both earnings (16% earnings payout ratio) and cash flows (66% cash payout ratio). The dividend has increased by an average of 19% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 72% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
お知らせ • Jun 28Hengtong Optic-Electric Co., Ltd. to Report First Half, 2024 Results on Aug 29, 2024Hengtong Optic-Electric Co., Ltd. announced that they will report first half, 2024 results on Aug 29, 2024
Reported Earnings • Apr 27First quarter 2024 earnings released: EPS: CN¥0.21 (vs CN¥0.16 in 1Q 2023)First quarter 2024 results: EPS: CN¥0.21 (up from CN¥0.16 in 1Q 2023). Revenue: CN¥11.8b (up 8.4% from 1Q 2023). Net income: CN¥513.1m (up 30% from 1Q 2023). Profit margin: 4.4% (up from 3.6% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 15% p.a. on average during the next 2 years, compared to a 22% growth forecast for the Communications industry in China. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.
お知らせ • Apr 27Hengtong Optic-Electric Co., Ltd., Annual General Meeting, May 17, 2024Hengtong Optic-Electric Co., Ltd., Annual General Meeting, May 17, 2024, at 14:00 China Standard Time. Location: No. 2288, Zhongshan North Road, Wujiang District, Suzhou, Jiangsu China
お知らせ • Mar 30Hengtong Optic-Electric Co., Ltd. to Report Q1, 2024 Results on Apr 26, 2024Hengtong Optic-Electric Co., Ltd. announced that they will report Q1, 2024 results on Apr 26, 2024
お知らせ • Jan 17Hengtong Optic-Electric Co., Ltd. (SHSE:600487) announces an Equity Buyback for CNY 200 million worth of its shares.Hengtong Optic-Electric Co., Ltd. (SHSE:600487) announces a share repurchase program. Under the program, the company will repurchase up to CNY 200 million worth of its A shares. The shares will be repurchased at a price not more than CNY 17.64 per share. The repurchased shares will be used for employees’ shareholding program. The program will be valid for a period of 12 months.
お知らせ • Dec 29Hengtong Optic-Electric Co., Ltd. to Report Fiscal Year 2023 Results on Apr 26, 2024Hengtong Optic-Electric Co., Ltd. announced that they will report fiscal year 2023 results on Apr 26, 2024
Reported Earnings • Nov 02Third quarter 2023 earnings released: EPS: CN¥0.22 (vs CN¥0.24 in 3Q 2022)Third quarter 2023 results: EPS: CN¥0.22 (down from CN¥0.24 in 3Q 2022). Revenue: CN¥11.9b (down 5.0% from 3Q 2022). Net income: CN¥554.4m (flat on 3Q 2022). Profit margin: 4.6% (up from 4.5% in 3Q 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 24% growth forecast for the Communications industry in China. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings.
お知らせ • Oct 25Hengtong Optic-Electric Co., Ltd. (SHSE:600487) announces an Equity Buyback for CNY 100 million worth of its shares.Hengtong Optic-Electric Co., Ltd. (SHSE:600487) announces a share repurchase program. Under the program, the company will repurchase up to CNY 100 million worth of its shares. The program will be valid for 12 months.
お知らせ • Sep 30Hengtong Optic-Electric Co., Ltd. to Report Q3, 2023 Results on Oct 31, 2023Hengtong Optic-Electric Co., Ltd. announced that they will report Q3, 2023 results on Oct 31, 2023
Reported Earnings • Aug 25Second quarter 2023 earnings released: EPS: CN¥0.35 (vs CN¥0.22 in 2Q 2022)Second quarter 2023 results: EPS: CN¥0.35 (up from CN¥0.22 in 2Q 2022). Revenue: CN¥12.3b (down 3.5% from 2Q 2022). Net income: CN¥854.4m (up 66% from 2Q 2022). Profit margin: 6.9% (up from 4.0% in 2Q 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 14% 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 11% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings.
Reported Earnings • Apr 26Full year 2022 earnings released: EPS: CN¥0.67 (vs CN¥0.61 in FY 2021)Full year 2022 results: EPS: CN¥0.67 (up from CN¥0.61 in FY 2021). Revenue: CN¥46.5b (up 13% from FY 2021). Net income: CN¥1.58b (up 10% from FY 2021). Profit margin: 3.4% (down from 3.5% in FY 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 14% p.a. on average during the next 2 years, compared to a 18% growth forecast for the Communications industry in China. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.
お知らせ • Feb 02+ 2 more updatesHengtong Optic-Electric Co., Ltd. (SHSE:600487) agreed to acquire a 10.87% stake in Jiangsu Hengtong Photoconductive New Material Co., Ltd from BOC Financial Asset Investment Co., Ltd.Hengtong Optic-Electric Co., Ltd. (SHSE:600487) agreed to acquire a 10.87% stake in Jiangsu Hengtong Photoconductive New Material Co., Ltd from BOC Financial Asset Investment Co., Ltd. for CNY 760 million on January 13, 2023. For the period September 30, 2022, Jiangsu Hengtong Photoconductive had CNY 6183.106 of total assets and CNY 5722.89 million of Net assets.Hengtong Optic-Electric Co., Ltd. (SHSE:600487) agreed to acquire a 10.87% stake in Jiangsu Hengtong Photoconductive New Material Co., Ltd from BOC Financial Asset Investment Co., Ltd. on January 30, 2023.
Board Change • Nov 16Less than half of directors are independentThere are 9 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 9 new directors. 2 experienced directors. 1 highly experienced director. 2 independent directors (7 non-independent directors). Chairman of Supervisory Board Weixing Xu is the most experienced director on the board, commencing their role in 2009. Independent Director Junhui Yang was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors.
Reported Earnings • Oct 30Third quarter 2022 earnings released: EPS: CN¥0.24 (vs CN¥0.27 in 3Q 2021)Third quarter 2022 results: EPS: CN¥0.24 (down from CN¥0.27 in 3Q 2021). Revenue: CN¥12.5b (up 6.7% from 3Q 2021). Net income: CN¥559.5m (down 13% from 3Q 2021). Profit margin: 4.5% (down from 5.5% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 15% 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 fallen by 2% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings.
Board Change • Apr 27Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 12 experienced directors. No highly experienced directors. 4 independent directors (8 non-independent directors). Chairman Jianlin Qian was the last director to join the board, commencing their role in 2015. 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 28Third quarter 2021 earnings released: EPS CN¥0.27 (vs CN¥0.22 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: CN¥11.8b (up 19% from 3Q 2020). Net income: CN¥644.6m (up 50% from 3Q 2020). Profit margin: 5.5% (up from 4.4% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 35% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings.
Reported Earnings • Aug 24Second quarter 2021 earnings released: EPS CN¥0.17 (vs CN¥0.11 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CN¥11.1b (up 16% from 2Q 2020). Net income: CN¥406.9m (up 94% from 2Q 2020). Profit margin: 3.7% (up from 2.2% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 38% per year but the company’s share price has only fallen by 20% per year, which means it has not declined as severely as earnings.
Reported Earnings • Apr 30First quarter 2021 earnings released: EPS CN¥0.11 (vs CN¥0.12 in 1Q 2020)The company reported a solid first quarter result with improved earnings and revenues, although profit margins were weaker. First quarter 2021 results: Revenue: CN¥6.97b (up 17% from 1Q 2020). Net income: CN¥264.1m (up 13% from 1Q 2020). Profit margin: 3.8% (down from 3.9% in 1Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 37% per year but the company’s share price has only fallen by 21% per year, which means it has not declined as severely as earnings.
Is New 90 Day High Low • Jan 22New 90-day low: CN¥13.41The company is down 12% from its price of CN¥15.21 on 23 October 2020. The Chinese market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the 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¥1.75 per share.
Is New 90 Day High Low • Dec 12New 90-day low: CN¥14.10The company is down 5.0% from its price of CN¥14.91 on 11 September 2020. The Chinese market is up 2.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed 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¥1.55 per share.
Analyst Estimate Surprise Post Earnings • Nov 03Revenue misses expectationsRevenue missed analyst estimates by 0.8%. Over the next year, revenue is forecast to grow 17%, compared to a 29% growth forecast for the Communications industry in China.
Reported Earnings • Nov 03Third quarter 2020 earnings released: EPS CN¥0.22The company reported a soft third quarter result with weaker earnings and profit margins, although revenues were improved. Third quarter 2020 results: Revenue: CN¥9.89b (up 7.7% from 3Q 2019). Net income: CN¥430.6m (down 5.7% from 3Q 2019). Profit margin: 4.4% (down from 5.0% in 3Q 2019). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has only fallen by 19% per year, which means it has not declined as severely as earnings.
Is New 90 Day High Low • Sep 26New 90-day low: CN¥14.67The company is down 11% from its price of CN¥16.56 on 24 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 3.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥1.61 per share.
