View ValuationSun Create Electronics 将来の成長Future 基準チェック /06現在、 Sun Create Electronicsの成長と収益を予測するのに十分なアナリストの調査がありません。主要情報n/a収益成長率n/aEPS成長率Communications 収益成長47.6%収益成長率n/a将来の株主資本利益率n/aアナリストカバレッジNone最終更新日n/a今後の成長に関する最新情報更新なしすべての更新を表示Recent updatesお知らせ • Apr 23Sun Create Electronics Co., Ltd, Annual General Meeting, May 28, 2026Sun Create Electronics Co., Ltd, Annual General Meeting, May 28, 2026, at 14:30 China Standard Time. Location: The Company's Meeting Room, Hefei, Anhui Chinaお知らせ • Mar 30Sun Create Electronics Co., Ltd to Report Q1, 2026 Results on Apr 29, 2026Sun Create Electronics Co., Ltd announced that they will report Q1, 2026 results on Apr 29, 2026お知らせ • Dec 26Sun Create Electronics Co., Ltd to Report Fiscal Year 2025 Results on Apr 23, 2026Sun Create Electronics Co., Ltd announced that they will report fiscal year 2025 results on Apr 23, 2026お知らせ • Sep 30Sun Create Electronics Co., Ltd to Report Q3, 2025 Results on Oct 29, 2025Sun Create Electronics Co., Ltd announced that they will report Q3, 2025 results on Oct 29, 2025お知らせ • Jun 30Sun Create Electronics Co., Ltd to Report First Half, 2025 Results on Aug 30, 2025Sun Create Electronics Co., Ltd announced that they will report first half, 2025 results on Aug 30, 2025お知らせ • Apr 30Sun Create Electronics Co., Ltd, Annual General Meeting, May 28, 2025Sun Create Electronics Co., Ltd, Annual General Meeting, May 28, 2025, at 14:30 China Standard Time. Location: The Company's Meeting Room, Hefei, Anhui Chinaお知らせ • Mar 28Sun Create Electronics Co., Ltd to Report Q1, 2025 Results on Apr 30, 2025Sun Create Electronics Co., Ltd announced that they will report Q1, 2025 results on Apr 30, 2025お知らせ • Dec 27Sun Create Electronics Co., Ltd to Report Fiscal Year 2024 Results on Apr 30, 2025Sun Create Electronics Co., Ltd announced that they will report fiscal year 2024 results on Apr 30, 2025Reported Earnings • Oct 30Third quarter 2024 earnings released: CN¥0.006 loss per share (vs CN¥0.17 loss in 3Q 2023)Third quarter 2024 results: CN¥0.006 loss per share (improved from CN¥0.17 loss in 3Q 2023). Revenue: CN¥451.1m (up 34% from 3Q 2023). Net loss: CN¥1.49m (loss narrowed 97% from 3Q 2023). Revenue is forecast to grow 21% 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, the company's share price growth rate has exceeded its earnings growth rate by 114 percentage points per year, which is a significant difference in performance.お知らせ • Sep 30Sun Create Electronics Co., Ltd to Report Q3, 2024 Results on Oct 30, 2024Sun Create Electronics Co., Ltd announced that they will report Q3, 2024 results on Oct 30, 2024お知らせ • Jun 28Sun Create Electronics Co., Ltd to Report First Half, 2024 Results on Aug 24, 2024Sun Create Electronics Co., Ltd announced that they will report first half, 2024 results on Aug 24, 2024Buy Or Sell Opportunity • Apr 22Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 10% to CN¥17.47. The fair value is estimated to be CN¥14.44, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 21% over the last 3 years. Meanwhile, the company became loss making.お知らせ • Apr 21Sun Create Electronics Co., Ltd, Annual General Meeting, May 22, 2024Sun Create Electronics Co., Ltd, Annual General Meeting, May 22, 2024, at 14:00 China Standard Time. Location: The Company's Meeting Room, Hefei, Anhui ChinaReported Earnings • Apr 20Full year 2023 earnings released: CN¥2.06 loss per share (vs CN¥0.24 profit in FY 2022)Full year 2023 results: CN¥2.06 loss per share (down from CN¥0.24 profit in FY 2022). Revenue: CN¥1.93b (down 29% from FY 2022). Net loss: CN¥553.2m (down CN¥619.3m from profit in FY 2022). Revenue is forecast to grow 30% p.a. on average during the next 2 years, compared to a 23% growth forecast for the Communications industry in China. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 65 percentage points per year, which is a significant difference in performance.お知らせ • Mar 29Sun Create Electronics Co., Ltd to Report Q1, 2024 Results on Apr 27, 2024Sun Create Electronics Co., Ltd announced that they will report Q1, 2024 results on Apr 27, 2024New Risk • Mar 27New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 9.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (0.04x net interest cover). Minor Risks Share price has been volatile over the past 3 months (9.8% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.2% net profit margin).お知らせ • Dec 29Sun Create Electronics Co., Ltd to Report Fiscal Year 2023 Results on Apr 20, 2024Sun Create Electronics Co., Ltd announced that they will report fiscal year 2023 results on Apr 20, 2024Reported Earnings • Nov 01Third quarter 2023 earnings released: CN¥0.17 loss per share (vs CN¥0.025 loss in 3Q 2022)Third quarter 2023 results: CN¥0.17 loss per share (further deteriorated from CN¥0.025 loss in 3Q 2022). Revenue: CN¥338.0m (down 44% from 3Q 2022). Net loss: CN¥46.9m (loss widened CN¥40.4m from 3Q 2022). Revenue is forecast to grow 18% 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 fallen by 28% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings.New Risk • Aug 31New major risk - Financial positionThe company's interest payments are not well covered by earnings. Net interest cover: 1.4x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.4x net interest cover). Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (2.7% net profit margin).Reported Earnings • Aug 26Second quarter 2023 earnings released: EPS: CN¥0.22 (vs CN¥0.14 in 2Q 2022)Second quarter 2023 results: EPS: CN¥0.22. Revenue: CN¥528.4m (down 17% from 2Q 2022). Net income: CN¥29.2m (down 16% from 2Q 2022). Profit margin: 5.5% (in line with 2Q 2022). Revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Communications industry in China.お知らせ • Jun 28Sun Create Electronics Co., Ltd to Report First Half, 2023 Results on Aug 26, 2023Sun Create Electronics Co., Ltd announced that they will report first half, 2023 results on Aug 26, 2023Reported Earnings • Apr 29First quarter 2023 earnings released: CN¥0.33 loss per share (vs CN¥0.38 loss in 1Q 2022)First quarter 2023 results: CN¥0.33 loss per share (improved from CN¥0.38 loss in 1Q 2022). Revenue: CN¥210.9m (down 11% from 1Q 2022). Net loss: CN¥69.8m (loss narrowed 11% from 1Q 2022). Revenue is forecast to grow 36% p.a. on average during the next 2 years, compared to a 19% growth forecast for the Communications industry in China. 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 2% per year, which means it is well ahead of earnings.Buying Opportunity • Apr 11Now 20% undervaluedOver the last 90 days, the stock is up 19%. The fair value is estimated to be CN¥42.85, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 6.2% over the last 3 years. Earnings per share has grown by 12%. Revenue is forecast to grow by 59% in 2 years. Earnings is forecast to grow by 100% in the next 2 years.Buying Opportunity • Mar 15Now 22% undervaluedOver the last 90 days, the stock is up 5.2%. The fair value is estimated to be CN¥43.10, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 6.2% over the last 3 years. Earnings per share has grown by 12%. Revenue is forecast to grow by 59% in 2 years. Earnings is forecast to grow by 100% in the next 2 years.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 & GM Xiaowei Ren was the last director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • Oct 30Third quarter 2022 earnings released: CN¥0.032 loss per share (vs CN¥0.11 profit in 3Q 2021)Third quarter 2022 results: CN¥0.032 loss per share (down from CN¥0.11 profit in 3Q 2021). Revenue: CN¥602.9m (down 3.6% from 3Q 2021). Net loss: CN¥6.50m (down 128% from profit in 3Q 2021). Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings.Board Change • Oct 21Less 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. 10 experienced directors. No highly experienced directors. 3 independent directors (5 non-independent directors). Director Chuncheng Zhang was the last director to join the board, commencing their role in 2019. 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 • Aug 29Second quarter 2022 earnings released: EPS: CN¥0.34 (vs CN¥0.047 loss in 2Q 2021)Second quarter 2022 results: EPS: CN¥0.34 (up from CN¥0.047 loss in 2Q 2021). Revenue: CN¥634.0m (up 27% from 2Q 2021). Net income: CN¥34.8m (up CN¥44.5m from 2Q 2021). Profit margin: 5.5% (up from net loss in 2Q 2021). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings.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. No highly experienced directors. 4 independent directors (6 non-independent directors). GM & Director Chuncheng Zhang was the last director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Valuation Update With 7 Day Price Move • Nov 13Investor sentiment improved over the past weekAfter last week's 22% share price gain to CN¥59.84, the stock trades at a forward P/E ratio of 44x. Average forward P/E is 29x in the Communications industry in China. Total returns to shareholders of 58% over the past three years.Reported Earnings • Oct 31Third quarter 2021 earnings released: EPS CN¥0.14 (vs CN¥0.32 loss in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: CN¥625.3m (up 76% from 3Q 2020). Net income: CN¥23.1m (up CN¥74.4m from 3Q 2020). Profit margin: 3.7% (up from net loss in 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings.Valuation Update With 7 Day Price Move • Oct 20Investor sentiment improved over the past weekAfter last week's 19% share price gain to CN¥45.59, the stock trades at a trailing P/E ratio of 52.9x. Average trailing P/E is 50x in the Communications industry in China. Total returns to shareholders of 18% over the past three years.Reported Earnings • Aug 24Second quarter 2021 earnings released: CN¥0.061 loss per share (vs CN¥0.23 profit in 2Q 2020)The company reported a poor second quarter result with weaker earnings, revenues and control over costs. Second quarter 2021 results: Revenue: CN¥500.9m (down 9.5% from 2Q 2020). Net loss: CN¥9.77m (down 126% from profit in 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings.Reported Earnings • Apr 25Full year 2020 earnings released: EPS CN¥1.07 (vs CN¥0.70 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: CN¥3.94b (up 7.4% from FY 2019). Net income: CN¥170.3m (up 53% from FY 2019). Profit margin: 4.3% (up from 3.0% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 15% per year whereas the company’s share price has fallen by 12% per year.Is New 90 Day High Low • Dec 28New 90-day high: CN¥45.37The company is up 6.0% from its price of CN¥42.85 on 30 September 2020. The Chinese market is also up 6.0% over the last 90 days, indicating the company’s price trend is similar to the market 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¥2.63 per share.Is New 90 Day High Low • Oct 30New 90-day low: CN¥38.80The company is down 14% from its price of CN¥45.20 on 31 July 2020. The Chinese market is down 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Communications industry, which is down 9.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥2.45 per share.Reported Earnings • Oct 29Third quarter earnings releasedOver the last 12 months the company has reported total profits of CN¥108.2m, down 43% from the prior year. Total revenue was CN¥3.21b over the last 12 months, down 32% from the prior year. このセクションでは通常、投資家が会社の利益創出能力を理解する一助となるよう、プロのアナリストのコンセンサス予想に基づく収益と利益の成長予測を提示する。しかし、Sun Create Electronics は十分な過去のデータを提供しておらず、アナリストの予測もないため、過去のデータを外挿したり、アナリストの予測を使用しても、その将来の収益を確実に算出することはできません。 シンプリー・ウォール・ストリートがカバーする企業の97%は過去の財務データを持っているため、これはかなり稀な状況です。 業績と収益の成長予測XSSC:600990 - アナリストの将来予測と過去の財務データ ( )CNY Millions日付収益収益フリー・キャッシュフロー営業活動によるキャッシュ平均アナリスト数3/31/20261,623-32452148N/A12/31/20251,745-28893184N/A9/30/20251,552-29696201N/A6/30/20251,639-25062156N/A3/31/20251,557-259203275N/A12/31/20241,603-246172245N/A9/30/20241,941-506157214N/A6/30/20241,828-551-752N/A3/31/20242,055-491-88-28N/A12/31/20231,927-55351108N/A9/30/20232,32529152263N/A6/30/20232,59069331462N/A3/31/20232,69675438577N/A12/31/20222,72166-33118N/A9/30/20223,296167231345N/A6/30/20223,319197214314N/A3/31/20223,185152-8128N/A12/31/20213,143184-187-51N/A9/30/20214,204212-321-168N/A6/30/20213,933137-533-347N/A3/31/20213,986184-598-421N/A12/31/20203,942170-289-109N/A9/30/20203,214108-361-115N/A6/30/20203,376135-22122N/A3/31/20203,521108-17205N/A12/31/20193,671111N/A76N/A9/30/20194,707190N/A312N/A6/30/20195,070247N/A287N/A3/31/20195,253258N/A189N/A12/31/20185,246257N/A132N/A9/30/20184,853126N/A175N/A6/30/20185,299207N/A61N/A3/31/20184,992176N/A-61N/A12/31/20175,057201N/A23N/A9/30/20174,136242N/A159N/A6/30/20173,982215N/A56N/A3/31/20174,106182N/A58N/A12/31/20163,983216N/A210N/A9/30/20163,584131N/A-350N/A6/30/20162,87762N/A-143N/A3/31/20162,543115N/A-14N/A12/31/20152,498115N/A7N/A9/30/20151,87082N/A-48N/A6/30/20151,82784N/A-151N/Aもっと見るアナリストによる今後の成長予測収入対貯蓄率: 600990の予測収益成長が 貯蓄率 ( 2.4% ) を上回っているかどうかを判断するにはデータが不十分です。収益対市場: 600990の収益がCN市場よりも速く成長すると予測されるかどうかを判断するにはデータが不十分です高成長収益: 600990の収益が今後 3 年間で 大幅に 増加すると予想されるかどうかを判断するにはデータが不十分です。収益対市場: 600990の収益がCN市場よりも速く成長すると予測されるかどうかを判断するにはデータが不十分です。高い収益成長: 600990の収益が年間20%よりも速く成長すると予測されるかどうかを判断するにはデータが不十分です。一株当たり利益成長率予想将来の株主資本利益率将来のROE: 600990の 自己資本利益率 が 3 年後に高くなると予測されるかどうかを判断するにはデータが不十分です成長企業の発掘7D1Y7D1Y7D1YTech 業界の高成長企業。View Past Performance企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/11 15:52終値2026/05/08 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Sun Create Electronics 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。9 アナリスト機関Huiwei YinChina International Capital Corporation LimitedChenshuo FuCitic Securities Co., Ltd.Zhou LuEverbright Securities Co. Ltd.6 その他のアナリストを表示
お知らせ • Apr 23Sun Create Electronics Co., Ltd, Annual General Meeting, May 28, 2026Sun Create Electronics Co., Ltd, Annual General Meeting, May 28, 2026, at 14:30 China Standard Time. Location: The Company's Meeting Room, Hefei, Anhui China
お知らせ • Mar 30Sun Create Electronics Co., Ltd to Report Q1, 2026 Results on Apr 29, 2026Sun Create Electronics Co., Ltd announced that they will report Q1, 2026 results on Apr 29, 2026
お知らせ • Dec 26Sun Create Electronics Co., Ltd to Report Fiscal Year 2025 Results on Apr 23, 2026Sun Create Electronics Co., Ltd announced that they will report fiscal year 2025 results on Apr 23, 2026
お知らせ • Sep 30Sun Create Electronics Co., Ltd to Report Q3, 2025 Results on Oct 29, 2025Sun Create Electronics Co., Ltd announced that they will report Q3, 2025 results on Oct 29, 2025
お知らせ • Jun 30Sun Create Electronics Co., Ltd to Report First Half, 2025 Results on Aug 30, 2025Sun Create Electronics Co., Ltd announced that they will report first half, 2025 results on Aug 30, 2025
お知らせ • Apr 30Sun Create Electronics Co., Ltd, Annual General Meeting, May 28, 2025Sun Create Electronics Co., Ltd, Annual General Meeting, May 28, 2025, at 14:30 China Standard Time. Location: The Company's Meeting Room, Hefei, Anhui China
お知らせ • Mar 28Sun Create Electronics Co., Ltd to Report Q1, 2025 Results on Apr 30, 2025Sun Create Electronics Co., Ltd announced that they will report Q1, 2025 results on Apr 30, 2025
お知らせ • Dec 27Sun Create Electronics Co., Ltd to Report Fiscal Year 2024 Results on Apr 30, 2025Sun Create Electronics Co., Ltd announced that they will report fiscal year 2024 results on Apr 30, 2025
Reported Earnings • Oct 30Third quarter 2024 earnings released: CN¥0.006 loss per share (vs CN¥0.17 loss in 3Q 2023)Third quarter 2024 results: CN¥0.006 loss per share (improved from CN¥0.17 loss in 3Q 2023). Revenue: CN¥451.1m (up 34% from 3Q 2023). Net loss: CN¥1.49m (loss narrowed 97% from 3Q 2023). Revenue is forecast to grow 21% 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, the company's share price growth rate has exceeded its earnings growth rate by 114 percentage points per year, which is a significant difference in performance.
お知らせ • Sep 30Sun Create Electronics Co., Ltd to Report Q3, 2024 Results on Oct 30, 2024Sun Create Electronics Co., Ltd announced that they will report Q3, 2024 results on Oct 30, 2024
お知らせ • Jun 28Sun Create Electronics Co., Ltd to Report First Half, 2024 Results on Aug 24, 2024Sun Create Electronics Co., Ltd announced that they will report first half, 2024 results on Aug 24, 2024
Buy Or Sell Opportunity • Apr 22Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 10% to CN¥17.47. The fair value is estimated to be CN¥14.44, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 21% over the last 3 years. Meanwhile, the company became loss making.
お知らせ • Apr 21Sun Create Electronics Co., Ltd, Annual General Meeting, May 22, 2024Sun Create Electronics Co., Ltd, Annual General Meeting, May 22, 2024, at 14:00 China Standard Time. Location: The Company's Meeting Room, Hefei, Anhui China
Reported Earnings • Apr 20Full year 2023 earnings released: CN¥2.06 loss per share (vs CN¥0.24 profit in FY 2022)Full year 2023 results: CN¥2.06 loss per share (down from CN¥0.24 profit in FY 2022). Revenue: CN¥1.93b (down 29% from FY 2022). Net loss: CN¥553.2m (down CN¥619.3m from profit in FY 2022). Revenue is forecast to grow 30% p.a. on average during the next 2 years, compared to a 23% growth forecast for the Communications industry in China. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 65 percentage points per year, which is a significant difference in performance.
お知らせ • Mar 29Sun Create Electronics Co., Ltd to Report Q1, 2024 Results on Apr 27, 2024Sun Create Electronics Co., Ltd announced that they will report Q1, 2024 results on Apr 27, 2024
New Risk • Mar 27New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 9.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (0.04x net interest cover). Minor Risks Share price has been volatile over the past 3 months (9.8% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.2% net profit margin).
お知らせ • Dec 29Sun Create Electronics Co., Ltd to Report Fiscal Year 2023 Results on Apr 20, 2024Sun Create Electronics Co., Ltd announced that they will report fiscal year 2023 results on Apr 20, 2024
Reported Earnings • Nov 01Third quarter 2023 earnings released: CN¥0.17 loss per share (vs CN¥0.025 loss in 3Q 2022)Third quarter 2023 results: CN¥0.17 loss per share (further deteriorated from CN¥0.025 loss in 3Q 2022). Revenue: CN¥338.0m (down 44% from 3Q 2022). Net loss: CN¥46.9m (loss widened CN¥40.4m from 3Q 2022). Revenue is forecast to grow 18% 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 fallen by 28% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings.
New Risk • Aug 31New major risk - Financial positionThe company's interest payments are not well covered by earnings. Net interest cover: 1.4x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.4x net interest cover). Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (2.7% net profit margin).
Reported Earnings • Aug 26Second quarter 2023 earnings released: EPS: CN¥0.22 (vs CN¥0.14 in 2Q 2022)Second quarter 2023 results: EPS: CN¥0.22. Revenue: CN¥528.4m (down 17% from 2Q 2022). Net income: CN¥29.2m (down 16% from 2Q 2022). Profit margin: 5.5% (in line with 2Q 2022). Revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Communications industry in China.
お知らせ • Jun 28Sun Create Electronics Co., Ltd to Report First Half, 2023 Results on Aug 26, 2023Sun Create Electronics Co., Ltd announced that they will report first half, 2023 results on Aug 26, 2023
Reported Earnings • Apr 29First quarter 2023 earnings released: CN¥0.33 loss per share (vs CN¥0.38 loss in 1Q 2022)First quarter 2023 results: CN¥0.33 loss per share (improved from CN¥0.38 loss in 1Q 2022). Revenue: CN¥210.9m (down 11% from 1Q 2022). Net loss: CN¥69.8m (loss narrowed 11% from 1Q 2022). Revenue is forecast to grow 36% p.a. on average during the next 2 years, compared to a 19% growth forecast for the Communications industry in China. 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 2% per year, which means it is well ahead of earnings.
Buying Opportunity • Apr 11Now 20% undervaluedOver the last 90 days, the stock is up 19%. The fair value is estimated to be CN¥42.85, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 6.2% over the last 3 years. Earnings per share has grown by 12%. Revenue is forecast to grow by 59% in 2 years. Earnings is forecast to grow by 100% in the next 2 years.
Buying Opportunity • Mar 15Now 22% undervaluedOver the last 90 days, the stock is up 5.2%. The fair value is estimated to be CN¥43.10, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 6.2% over the last 3 years. Earnings per share has grown by 12%. Revenue is forecast to grow by 59% in 2 years. Earnings is forecast to grow by 100% in the next 2 years.
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 & GM Xiaowei Ren was the last director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • Oct 30Third quarter 2022 earnings released: CN¥0.032 loss per share (vs CN¥0.11 profit in 3Q 2021)Third quarter 2022 results: CN¥0.032 loss per share (down from CN¥0.11 profit in 3Q 2021). Revenue: CN¥602.9m (down 3.6% from 3Q 2021). Net loss: CN¥6.50m (down 128% from profit in 3Q 2021). Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings.
Board Change • Oct 21Less 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. 10 experienced directors. No highly experienced directors. 3 independent directors (5 non-independent directors). Director Chuncheng Zhang was the last director to join the board, commencing their role in 2019. 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 • Aug 29Second quarter 2022 earnings released: EPS: CN¥0.34 (vs CN¥0.047 loss in 2Q 2021)Second quarter 2022 results: EPS: CN¥0.34 (up from CN¥0.047 loss in 2Q 2021). Revenue: CN¥634.0m (up 27% from 2Q 2021). Net income: CN¥34.8m (up CN¥44.5m from 2Q 2021). Profit margin: 5.5% (up from net loss in 2Q 2021). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings.
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. No highly experienced directors. 4 independent directors (6 non-independent directors). GM & Director Chuncheng Zhang was the last director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Valuation Update With 7 Day Price Move • Nov 13Investor sentiment improved over the past weekAfter last week's 22% share price gain to CN¥59.84, the stock trades at a forward P/E ratio of 44x. Average forward P/E is 29x in the Communications industry in China. Total returns to shareholders of 58% over the past three years.
Reported Earnings • Oct 31Third quarter 2021 earnings released: EPS CN¥0.14 (vs CN¥0.32 loss in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: CN¥625.3m (up 76% from 3Q 2020). Net income: CN¥23.1m (up CN¥74.4m from 3Q 2020). Profit margin: 3.7% (up from net loss in 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings.
Valuation Update With 7 Day Price Move • Oct 20Investor sentiment improved over the past weekAfter last week's 19% share price gain to CN¥45.59, the stock trades at a trailing P/E ratio of 52.9x. Average trailing P/E is 50x in the Communications industry in China. Total returns to shareholders of 18% over the past three years.
Reported Earnings • Aug 24Second quarter 2021 earnings released: CN¥0.061 loss per share (vs CN¥0.23 profit in 2Q 2020)The company reported a poor second quarter result with weaker earnings, revenues and control over costs. Second quarter 2021 results: Revenue: CN¥500.9m (down 9.5% from 2Q 2020). Net loss: CN¥9.77m (down 126% from profit in 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings.
Reported Earnings • Apr 25Full year 2020 earnings released: EPS CN¥1.07 (vs CN¥0.70 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: CN¥3.94b (up 7.4% from FY 2019). Net income: CN¥170.3m (up 53% from FY 2019). Profit margin: 4.3% (up from 3.0% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 15% per year whereas the company’s share price has fallen by 12% per year.
Is New 90 Day High Low • Dec 28New 90-day high: CN¥45.37The company is up 6.0% from its price of CN¥42.85 on 30 September 2020. The Chinese market is also up 6.0% over the last 90 days, indicating the company’s price trend is similar to the market 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¥2.63 per share.
Is New 90 Day High Low • Oct 30New 90-day low: CN¥38.80The company is down 14% from its price of CN¥45.20 on 31 July 2020. The Chinese market is down 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Communications industry, which is down 9.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥2.45 per share.
Reported Earnings • Oct 29Third quarter earnings releasedOver the last 12 months the company has reported total profits of CN¥108.2m, down 43% from the prior year. Total revenue was CN¥3.21b over the last 12 months, down 32% from the prior year.