View Financial HealthEastern CommunicationsLtd 配当と自社株買い配当金 基準チェック /16Eastern CommunicationsLtd配当を支払う会社であり、現在の利回りは0.35%で、収益によって十分にカバーされています。主要情報0.3%配当利回り0.01%バイバック利回り総株主利回り0.4%将来の配当利回りn/a配当成長-0.8%次回配当支払日n/a配当落ち日n/a一株当たり配当金n/a配当性向15%最近の配当と自社株買いの更新Upcoming Dividend • Jun 26Upcoming dividend of CN¥0.055 per share at 0.5% yieldEligible shareholders must have bought the stock before 03 July 2023. Payment date: 03 July 2023. Payout ratio is a comfortable 47% but the company is not cash flow positive. Trailing yield: 0.5%. Lower than top quartile of Chinese dividend payers (2.0%). Lower than average of industry peers (0.7%).Upcoming Dividend • Jun 14Upcoming dividend of CN¥0.04 per shareEligible shareholders must have bought the stock before 21 June 2021. Payment date: 21 June 2021. Trailing yield: 0.3%. Lower than top quartile of Chinese dividend payers (1.8%). Lower than average of industry peers (0.6%).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 Yu Tan 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 • Mar 30Eastern Communications Co.,Ltd. to Report Q1, 2026 Results on Apr 28, 2026Eastern Communications Co.,Ltd. announced that they will report Q1, 2026 results on Apr 28, 2026お知らせ • Dec 26Eastern Communications Co.,Ltd. to Report Fiscal Year 2025 Results on Apr 28, 2026Eastern Communications Co.,Ltd. announced that they will report fiscal year 2025 results on Apr 28, 2026お知らせ • Sep 30Eastern Communications Co.,Ltd. to Report Q3, 2025 Results on Oct 30, 2025Eastern Communications Co.,Ltd. announced that they will report Q3, 2025 results on Oct 30, 2025お知らせ • Jun 30Eastern Communications Co.,Ltd. to Report First Half, 2025 Results on Aug 29, 2025Eastern Communications Co.,Ltd. announced that they will report first half, 2025 results on Aug 29, 2025お知らせ • Jun 06Eastern Communications Co.,Ltd., Annual General Meeting, Jun 30, 2025Eastern Communications Co.,Ltd., Annual General Meeting, Jun 30, 2025, at 14:00 China Standard Time. Location: Building A, No. 66, Dongxin Avenue, Binjiang District, Hangzhou, Zhejiang Chinaお知らせ • Mar 28Eastern Communications Co.,Ltd. to Report Q1, 2025 Results on Apr 30, 2025Eastern Communications Co.,Ltd. announced that they will report Q1, 2025 results on Apr 30, 2025お知らせ • Dec 27Eastern Communications Co.,Ltd. to Report Fiscal Year 2024 Results on Apr 29, 2025Eastern Communications Co.,Ltd. announced that they will report fiscal year 2024 results on Apr 29, 2025New Risk • Nov 02New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 65% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. This is currently the only risk that has been identified for the company.New Risk • Oct 09New minor risk - Dividend sustainabilityThe dividend is not well covered by cash flows. The company is paying a dividend despite having no free cash flows. Dividend yield: 0.6% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. For dividend paying companies, any reduction in the dividend can significantly impact the share price. This is currently the only risk that has been identified for the company.お知らせ • Sep 30Eastern Communications Co.,Ltd. to Report Q3, 2024 Results on Oct 30, 2024Eastern Communications Co.,Ltd. announced that they will report Q3, 2024 results on Oct 30, 2024Valuation Update With 7 Day Price Move • Sep 21Investor sentiment improves as stock rises 15%After last week's 15% share price gain to CN¥9.69, the stock trades at a trailing P/E ratio of 71.5x. Average trailing P/E is 36x in the Communications industry in China. Total loss to shareholders of 13% over the past three years.お知らせ • Jun 29Eastern Communications Co.,Ltd. to Report First Half, 2024 Results on Aug 29, 2024Eastern Communications Co.,Ltd. announced that they will report first half, 2024 results on Aug 29, 2024お知らせ • May 26Eastern Communications Co.,Ltd., Annual General Meeting, Jun 21, 2024Eastern Communications Co.,Ltd., Annual General Meeting, Jun 21, 2024, at 14:00 China Standard Time.Reported Earnings • Apr 28Full year 2023 earnings released: EPS: CN¥0.12 (vs CN¥0.11 in FY 2022)Full year 2023 results: EPS: CN¥0.12 (up from CN¥0.11 in FY 2022). Revenue: CN¥2.94b (down 9.0% from FY 2022). Net income: CN¥152.8m (up 13% from FY 2022). Profit margin: 5.2% (up from 4.2% in FY 2022). Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.お知らせ • Mar 29Eastern Communications Co.,Ltd. to Report Q1, 2024 Results on Apr 27, 2024Eastern Communications Co.,Ltd. announced that they will report Q1, 2024 results on Apr 27, 2024Valuation Update With 7 Day Price Move • Feb 05Investor sentiment deteriorates as stock falls 20%After last week's 20% share price decline to CN¥7.69, the stock trades at a trailing P/E ratio of 52.9x. Average trailing P/E is 37x in the Communications industry in China. Total loss to shareholders of 29% over the past three years.お知らせ • Dec 29Eastern Communications Co.,Ltd. to Report Fiscal Year 2023 Results on Apr 27, 2024Eastern Communications Co.,Ltd. announced that they will report fiscal year 2023 results on Apr 27, 2024Reported Earnings • Nov 01Third quarter 2023 earnings released: EPS: CN¥0.035 (vs CN¥0.03 in 3Q 2022)Third quarter 2023 results: EPS: CN¥0.035 (up from CN¥0.03 in 3Q 2022). Revenue: CN¥662.9m (down 14% from 3Q 2022). Net income: CN¥43.7m (up 12% from 3Q 2022). Profit margin: 6.6% (up from 5.0% in 3Q 2022). The increase in margin was driven by lower expenses. 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 2% per year, which means it is significantly lagging earnings growth.Reported Earnings • Aug 31Second quarter 2023 earnings released: EPS: CN¥0.045 (vs CN¥0.018 in 2Q 2022)Second quarter 2023 results: EPS: CN¥0.045 (up from CN¥0.018 in 2Q 2022). Revenue: CN¥660.4m (down 9.6% from 2Q 2022). Net income: CN¥57.4m (up 154% from 2Q 2022). Profit margin: 8.7% (up from 3.1% in 2Q 2022). The increase in margin was driven by lower expenses. 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 7% per year, which means it is significantly lagging earnings.New Risk • Jun 29New 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 7.0% 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. This is currently the only risk that has been identified for the company.お知らせ • Jun 28Eastern Communications Co., Ltd. to Report First Half, 2023 Results on Aug 30, 2023Eastern Communications Co., Ltd. announced that they will report first half, 2023 results on Aug 30, 2023Upcoming Dividend • Jun 26Upcoming dividend of CN¥0.055 per share at 0.5% yieldEligible shareholders must have bought the stock before 03 July 2023. Payment date: 03 July 2023. Payout ratio is a comfortable 47% but the company is not cash flow positive. Trailing yield: 0.5%. Lower than top quartile of Chinese dividend payers (2.0%). Lower than average of industry peers (0.7%).Reported Earnings • Apr 30First quarter 2023 earnings released: EPS: CN¥0.011 (vs CN¥0.004 in 1Q 2022)First quarter 2023 results: EPS: CN¥0.011 (up from CN¥0.004 in 1Q 2022). Revenue: CN¥601.1m (down 2.0% from 1Q 2022). Net income: CN¥13.5m (up 146% from 1Q 2022). Profit margin: 2.2% (up from 0.9% in 1Q 2022). The increase in margin was driven by lower expenses. 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 15% per year, which means it is significantly lagging earnings.Board Change • Nov 16Less 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. 8 non-independent directors. Director Yu Liang was the last director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • Oct 31Third quarter 2022 earnings released: EPS: CN¥0.031 (vs CN¥0.009 in 3Q 2021)Third quarter 2022 results: EPS: CN¥0.031 (up from CN¥0.009 in 3Q 2021). Revenue: CN¥773.7m (up 11% from 3Q 2021). Net income: CN¥38.9m (up 258% from 3Q 2021). Profit margin: 5.0% (up from 1.6% in 3Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has fallen by 22% per year, which means it is performing significantly worse than earnings.Reported Earnings • May 02First quarter 2022 earnings released: EPS: CN¥0.004 (vs CN¥0.003 in 1Q 2021)First quarter 2022 results: EPS: CN¥0.004 (up from CN¥0.003 in 1Q 2021). Revenue: CN¥613.7m (up 1.2% from 1Q 2021). Net income: CN¥5.49m (up 27% from 1Q 2021). Profit margin: 0.9% (up from 0.7% in 1Q 2021). Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has fallen by 27% per year, which means it is performing significantly worse than earnings.Board Change • Apr 27Less 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. 8 non-independent directors. Director Yu Liang was the last director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • Oct 31Third quarter 2021 earnings released: EPS CN¥0.009 (vs CN¥0.008 in 3Q 2020)The company reported a mediocre third quarter result with weaker revenues, although earnings were flat and profit margins improved. Third quarter 2021 results: Revenue: CN¥695.0m (down 1.6% from 3Q 2020). Net income: CN¥10.9m (flat on 3Q 2020). Profit margin: 1.6% (up from 1.5% in 3Q 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 34% per year, which means it is well ahead of earnings.Reported Earnings • Aug 30Second quarter 2021 earnings released: EPS CN¥0.037 (vs CN¥0.026 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CN¥684.8m (up 1.6% from 2Q 2020). Net income: CN¥45.9m (up 42% from 2Q 2020). Profit margin: 6.7% (up from 4.8% in 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 31% per year, which means it is well ahead of earnings.Upcoming Dividend • Jun 14Upcoming dividend of CN¥0.04 per shareEligible shareholders must have bought the stock before 21 June 2021. Payment date: 21 June 2021. Trailing yield: 0.3%. Lower than top quartile of Chinese dividend payers (1.8%). Lower than average of industry peers (0.6%).Reported Earnings • May 04First quarter 2021 earnings released: EPS CN¥0.003 (vs CN¥0.003 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¥606.7m (up 33% from 1Q 2020). Net income: CN¥4.31m (up 12% from 1Q 2020). Profit margin: 0.7% (down from 0.8% in 1Q 2020). Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 20% per year, which means it is well ahead of earnings.Reported Earnings • Mar 30Full year 2020 earnings released: EPS CN¥0.082 (vs CN¥0.10 in FY 2019)The company reported a soft full year result with weaker earnings and profit margins, although revenues improved. Full year 2020 results: Revenue: CN¥2.97b (up 11% from FY 2019). Net income: CN¥103.5m (down 21% from FY 2019). Profit margin: 3.5% (down from 4.9% in FY 2019). The decrease in margin was driven by higher expenses. 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 23% per year, which means it is well ahead of earnings.Is New 90 Day High Low • Feb 27New 90-day high: CN¥14.54The company is up 13% from its price of CN¥12.88 on 27 November 2020. The Chinese market is up 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Communications industry, which is down 14% over the same period.Is New 90 Day High Low • Dec 22New 90-day low: CN¥11.81The company is down 7.0% from its price of CN¥12.76 on 24 September 2020. The Chinese market is up 5.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Communications industry, which is down 8.0% over the same period.Reported Earnings • Nov 03Third quarter 2020 earnings released: EPS CN¥0.008The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2020 results: Revenue: CN¥706.5m (up 13% from 3Q 2019). Net income: CN¥10.9m (up 240% from 3Q 2019). Profit margin: 1.5% (up from 0.5% in 3Q 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 17% per year, which means it is tracking significantly ahead of earnings growth.Is New 90 Day High Low • Oct 31New 90-day low: CN¥12.39The company is down 20% from its price of CN¥15.40 on 31 July 2020. The Chinese market is down 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Communications industry, which is down 11% over the same period.Is New 90 Day High Low • Sep 24New 90-day low: CN¥12.76The company is down 15% from its price of CN¥15.01 on 24 June 2020. The Chinese market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Communications industry, which is up 1.0% over the same period.決済の安定と成長配当データの取得安定した配当: 600776の配当金支払いは、過去10年間 変動性 が高かった。増加する配当: 600776の配当金支払額は過去10年間減少しています。配当利回り対市場Eastern CommunicationsLtd 配当利回り対市場600776 配当利回りは市場と比べてどうか？セグメント配当利回り会社 (600776)0.3%市場下位25% (CN)0.4%市場トップ25% (CN)1.9%業界平均 (Communications)0.4%アナリスト予想 (600776) (最長3年)n/a注目すべき配当: 600776の配当金 ( 0.35% ) はCN市場の配当金支払者の下位 25% ( 0.37% ) と比べると目立ったものではありません。高配当: 600776の配当金 ( 0.35% ) はCN市場の配当金支払者の上位 25% ( 1.93% ) と比較すると低いです。株主への利益配当収益カバレッジ: 600776は低い 配当性向 ( 15.1% ) であるため、配当金の支払いは利益によって十分にカバーされます。株主配当金キャッシュフローカバレッジ: 600776は配当金を支払っていますが、同社にはフリーキャッシュフローがありません。高配当企業の発掘7D1Y7D1Y7D1YCN 市場の強力な配当支払い企業。View Management企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/22 07:48終値2026/05/22 00:00収益2026/03/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Eastern Communications Co.,Ltd. 0 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。4 アナリスト機関Ting LuChina International Capital Corporation LimitedXiao Ming KongHuatai ResearchHaiqing TangIndustrial Securities Co. Ltd.1 その他のアナリストを表示
Upcoming Dividend • Jun 26Upcoming dividend of CN¥0.055 per share at 0.5% yieldEligible shareholders must have bought the stock before 03 July 2023. Payment date: 03 July 2023. Payout ratio is a comfortable 47% but the company is not cash flow positive. Trailing yield: 0.5%. Lower than top quartile of Chinese dividend payers (2.0%). Lower than average of industry peers (0.7%).
Upcoming Dividend • Jun 14Upcoming dividend of CN¥0.04 per shareEligible shareholders must have bought the stock before 21 June 2021. Payment date: 21 June 2021. Trailing yield: 0.3%. Lower than top quartile of Chinese dividend payers (1.8%). Lower than average of industry peers (0.6%).
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 Yu Tan 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 • Mar 30Eastern Communications Co.,Ltd. to Report Q1, 2026 Results on Apr 28, 2026Eastern Communications Co.,Ltd. announced that they will report Q1, 2026 results on Apr 28, 2026
お知らせ • Dec 26Eastern Communications Co.,Ltd. to Report Fiscal Year 2025 Results on Apr 28, 2026Eastern Communications Co.,Ltd. announced that they will report fiscal year 2025 results on Apr 28, 2026
お知らせ • Sep 30Eastern Communications Co.,Ltd. to Report Q3, 2025 Results on Oct 30, 2025Eastern Communications Co.,Ltd. announced that they will report Q3, 2025 results on Oct 30, 2025
お知らせ • Jun 30Eastern Communications Co.,Ltd. to Report First Half, 2025 Results on Aug 29, 2025Eastern Communications Co.,Ltd. announced that they will report first half, 2025 results on Aug 29, 2025
お知らせ • Jun 06Eastern Communications Co.,Ltd., Annual General Meeting, Jun 30, 2025Eastern Communications Co.,Ltd., Annual General Meeting, Jun 30, 2025, at 14:00 China Standard Time. Location: Building A, No. 66, Dongxin Avenue, Binjiang District, Hangzhou, Zhejiang China
お知らせ • Mar 28Eastern Communications Co.,Ltd. to Report Q1, 2025 Results on Apr 30, 2025Eastern Communications Co.,Ltd. announced that they will report Q1, 2025 results on Apr 30, 2025
お知らせ • Dec 27Eastern Communications Co.,Ltd. to Report Fiscal Year 2024 Results on Apr 29, 2025Eastern Communications Co.,Ltd. announced that they will report fiscal year 2024 results on Apr 29, 2025
New Risk • Nov 02New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 65% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. This is currently the only risk that has been identified for the company.
New Risk • Oct 09New minor risk - Dividend sustainabilityThe dividend is not well covered by cash flows. The company is paying a dividend despite having no free cash flows. Dividend yield: 0.6% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. For dividend paying companies, any reduction in the dividend can significantly impact the share price. This is currently the only risk that has been identified for the company.
お知らせ • Sep 30Eastern Communications Co.,Ltd. to Report Q3, 2024 Results on Oct 30, 2024Eastern Communications Co.,Ltd. announced that they will report Q3, 2024 results on Oct 30, 2024
Valuation Update With 7 Day Price Move • Sep 21Investor sentiment improves as stock rises 15%After last week's 15% share price gain to CN¥9.69, the stock trades at a trailing P/E ratio of 71.5x. Average trailing P/E is 36x in the Communications industry in China. Total loss to shareholders of 13% over the past three years.
お知らせ • Jun 29Eastern Communications Co.,Ltd. to Report First Half, 2024 Results on Aug 29, 2024Eastern Communications Co.,Ltd. announced that they will report first half, 2024 results on Aug 29, 2024
お知らせ • May 26Eastern Communications Co.,Ltd., Annual General Meeting, Jun 21, 2024Eastern Communications Co.,Ltd., Annual General Meeting, Jun 21, 2024, at 14:00 China Standard Time.
Reported Earnings • Apr 28Full year 2023 earnings released: EPS: CN¥0.12 (vs CN¥0.11 in FY 2022)Full year 2023 results: EPS: CN¥0.12 (up from CN¥0.11 in FY 2022). Revenue: CN¥2.94b (down 9.0% from FY 2022). Net income: CN¥152.8m (up 13% from FY 2022). Profit margin: 5.2% (up from 4.2% in FY 2022). Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.
お知らせ • Mar 29Eastern Communications Co.,Ltd. to Report Q1, 2024 Results on Apr 27, 2024Eastern Communications Co.,Ltd. announced that they will report Q1, 2024 results on Apr 27, 2024
Valuation Update With 7 Day Price Move • Feb 05Investor sentiment deteriorates as stock falls 20%After last week's 20% share price decline to CN¥7.69, the stock trades at a trailing P/E ratio of 52.9x. Average trailing P/E is 37x in the Communications industry in China. Total loss to shareholders of 29% over the past three years.
お知らせ • Dec 29Eastern Communications Co.,Ltd. to Report Fiscal Year 2023 Results on Apr 27, 2024Eastern Communications Co.,Ltd. announced that they will report fiscal year 2023 results on Apr 27, 2024
Reported Earnings • Nov 01Third quarter 2023 earnings released: EPS: CN¥0.035 (vs CN¥0.03 in 3Q 2022)Third quarter 2023 results: EPS: CN¥0.035 (up from CN¥0.03 in 3Q 2022). Revenue: CN¥662.9m (down 14% from 3Q 2022). Net income: CN¥43.7m (up 12% from 3Q 2022). Profit margin: 6.6% (up from 5.0% in 3Q 2022). The increase in margin was driven by lower expenses. 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 2% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Aug 31Second quarter 2023 earnings released: EPS: CN¥0.045 (vs CN¥0.018 in 2Q 2022)Second quarter 2023 results: EPS: CN¥0.045 (up from CN¥0.018 in 2Q 2022). Revenue: CN¥660.4m (down 9.6% from 2Q 2022). Net income: CN¥57.4m (up 154% from 2Q 2022). Profit margin: 8.7% (up from 3.1% in 2Q 2022). The increase in margin was driven by lower expenses. 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 7% per year, which means it is significantly lagging earnings.
New Risk • Jun 29New 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 7.0% 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. This is currently the only risk that has been identified for the company.
お知らせ • Jun 28Eastern Communications Co., Ltd. to Report First Half, 2023 Results on Aug 30, 2023Eastern Communications Co., Ltd. announced that they will report first half, 2023 results on Aug 30, 2023
Upcoming Dividend • Jun 26Upcoming dividend of CN¥0.055 per share at 0.5% yieldEligible shareholders must have bought the stock before 03 July 2023. Payment date: 03 July 2023. Payout ratio is a comfortable 47% but the company is not cash flow positive. Trailing yield: 0.5%. Lower than top quartile of Chinese dividend payers (2.0%). Lower than average of industry peers (0.7%).
Reported Earnings • Apr 30First quarter 2023 earnings released: EPS: CN¥0.011 (vs CN¥0.004 in 1Q 2022)First quarter 2023 results: EPS: CN¥0.011 (up from CN¥0.004 in 1Q 2022). Revenue: CN¥601.1m (down 2.0% from 1Q 2022). Net income: CN¥13.5m (up 146% from 1Q 2022). Profit margin: 2.2% (up from 0.9% in 1Q 2022). The increase in margin was driven by lower expenses. 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 15% per year, which means it is significantly lagging earnings.
Board Change • Nov 16Less 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. 8 non-independent directors. Director Yu Liang was the last director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • Oct 31Third quarter 2022 earnings released: EPS: CN¥0.031 (vs CN¥0.009 in 3Q 2021)Third quarter 2022 results: EPS: CN¥0.031 (up from CN¥0.009 in 3Q 2021). Revenue: CN¥773.7m (up 11% from 3Q 2021). Net income: CN¥38.9m (up 258% from 3Q 2021). Profit margin: 5.0% (up from 1.6% in 3Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has fallen by 22% per year, which means it is performing significantly worse than earnings.
Reported Earnings • May 02First quarter 2022 earnings released: EPS: CN¥0.004 (vs CN¥0.003 in 1Q 2021)First quarter 2022 results: EPS: CN¥0.004 (up from CN¥0.003 in 1Q 2021). Revenue: CN¥613.7m (up 1.2% from 1Q 2021). Net income: CN¥5.49m (up 27% from 1Q 2021). Profit margin: 0.9% (up from 0.7% in 1Q 2021). Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has fallen by 27% per year, which means it is performing significantly worse than earnings.
Board Change • Apr 27Less 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. 8 non-independent directors. Director Yu Liang was the last director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • Oct 31Third quarter 2021 earnings released: EPS CN¥0.009 (vs CN¥0.008 in 3Q 2020)The company reported a mediocre third quarter result with weaker revenues, although earnings were flat and profit margins improved. Third quarter 2021 results: Revenue: CN¥695.0m (down 1.6% from 3Q 2020). Net income: CN¥10.9m (flat on 3Q 2020). Profit margin: 1.6% (up from 1.5% in 3Q 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 34% per year, which means it is well ahead of earnings.
Reported Earnings • Aug 30Second quarter 2021 earnings released: EPS CN¥0.037 (vs CN¥0.026 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CN¥684.8m (up 1.6% from 2Q 2020). Net income: CN¥45.9m (up 42% from 2Q 2020). Profit margin: 6.7% (up from 4.8% in 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 31% per year, which means it is well ahead of earnings.
Upcoming Dividend • Jun 14Upcoming dividend of CN¥0.04 per shareEligible shareholders must have bought the stock before 21 June 2021. Payment date: 21 June 2021. Trailing yield: 0.3%. Lower than top quartile of Chinese dividend payers (1.8%). Lower than average of industry peers (0.6%).
Reported Earnings • May 04First quarter 2021 earnings released: EPS CN¥0.003 (vs CN¥0.003 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¥606.7m (up 33% from 1Q 2020). Net income: CN¥4.31m (up 12% from 1Q 2020). Profit margin: 0.7% (down from 0.8% in 1Q 2020). Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 20% per year, which means it is well ahead of earnings.
Reported Earnings • Mar 30Full year 2020 earnings released: EPS CN¥0.082 (vs CN¥0.10 in FY 2019)The company reported a soft full year result with weaker earnings and profit margins, although revenues improved. Full year 2020 results: Revenue: CN¥2.97b (up 11% from FY 2019). Net income: CN¥103.5m (down 21% from FY 2019). Profit margin: 3.5% (down from 4.9% in FY 2019). The decrease in margin was driven by higher expenses. 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 23% per year, which means it is well ahead of earnings.
Is New 90 Day High Low • Feb 27New 90-day high: CN¥14.54The company is up 13% from its price of CN¥12.88 on 27 November 2020. The Chinese market is up 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Communications industry, which is down 14% over the same period.
Is New 90 Day High Low • Dec 22New 90-day low: CN¥11.81The company is down 7.0% from its price of CN¥12.76 on 24 September 2020. The Chinese market is up 5.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Communications industry, which is down 8.0% over the same period.
Reported Earnings • Nov 03Third quarter 2020 earnings released: EPS CN¥0.008The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2020 results: Revenue: CN¥706.5m (up 13% from 3Q 2019). Net income: CN¥10.9m (up 240% from 3Q 2019). Profit margin: 1.5% (up from 0.5% in 3Q 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 17% per year, which means it is tracking significantly ahead of earnings growth.
Is New 90 Day High Low • Oct 31New 90-day low: CN¥12.39The company is down 20% from its price of CN¥15.40 on 31 July 2020. The Chinese market is down 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Communications industry, which is down 11% over the same period.
Is New 90 Day High Low • Sep 24New 90-day low: CN¥12.76The company is down 15% from its price of CN¥15.01 on 24 June 2020. The Chinese market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Communications industry, which is up 1.0% over the same period.