View Future GrowthChengdu Zhimingda Electronics 過去の業績過去 基準チェック /36Chengdu Zhimingda Electronicsの収益は年間平均-9.3%の割合で減少していますが、 Tech業界の収益は年間 増加しています。収益は年間5.3% 9.4%割合で 増加しています。 Chengdu Zhimingda Electronicsの自己資本利益率は7.9%であり、純利益率は15.2%です。主要情報-9.28%収益成長率-15.00%EPS成長率Tech 業界の成長13.48%収益成長率9.38%株主資本利益率7.87%ネット・マージン15.17%前回の決算情報31 Mar 2026最近の業績更新お知らせ • Mar 30Chengdu Zhimingda Electronics Co., Ltd. to Report Q1, 2026 Results on Apr 23, 2026Chengdu Zhimingda Electronics Co., Ltd. announced that they will report Q1, 2026 results on Apr 23, 2026お知らせ • Dec 26Chengdu Zhimingda Electronics Co., Ltd. to Report Fiscal Year 2025 Results on Mar 26, 2026Chengdu Zhimingda Electronics Co., Ltd. announced that they will report fiscal year 2025 results on Mar 26, 2026お知らせ • Sep 30Chengdu Zhimingda Electronics Co., Ltd. to Report Q3, 2025 Results on Oct 24, 2025Chengdu Zhimingda Electronics Co., Ltd. announced that they will report Q3, 2025 results on Oct 24, 2025お知らせ • Jun 30Chengdu Zhimingda Electronics Co., Ltd. to Report First Half, 2025 Results on Jul 25, 2025Chengdu Zhimingda Electronics Co., Ltd. announced that they will report first half, 2025 results on Jul 25, 2025お知らせ • Mar 28Chengdu Zhimingda Electronics Co., Ltd. to Report Q1, 2025 Results on Apr 25, 2025Chengdu Zhimingda Electronics Co., Ltd. announced that they will report Q1, 2025 results on Apr 25, 2025お知らせ • Dec 27Chengdu Zhimingda Electronics Co., Ltd. to Report Fiscal Year 2024 Results on Apr 25, 2025Chengdu Zhimingda Electronics Co., Ltd. announced that they will report fiscal year 2024 results on Apr 25, 2025すべての更新を表示Recent updatesBoard Change • May 20Less 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. 6 experienced directors. 3 highly experienced directors. 3 independent directors (4 non-independent directors). Independent Director Yuedong Li was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.お知らせ • Mar 30Chengdu Zhimingda Electronics Co., Ltd. to Report Q1, 2026 Results on Apr 23, 2026Chengdu Zhimingda Electronics Co., Ltd. announced that they will report Q1, 2026 results on Apr 23, 2026お知らせ • Mar 25Chengdu Zhimingda Electronics Co., Ltd., Annual General Meeting, Apr 15, 2026Chengdu Zhimingda Electronics Co., Ltd., Annual General Meeting, Apr 15, 2026, at 14:30 China Standard Time. Location: Building 1, Zone T, No. 108, Jingye Road, Chengdu, Sichuan Chinaお知らせ • Dec 26Chengdu Zhimingda Electronics Co., Ltd. to Report Fiscal Year 2025 Results on Mar 26, 2026Chengdu Zhimingda Electronics Co., Ltd. announced that they will report fiscal year 2025 results on Mar 26, 2026お知らせ • Sep 30Chengdu Zhimingda Electronics Co., Ltd. to Report Q3, 2025 Results on Oct 24, 2025Chengdu Zhimingda Electronics Co., Ltd. announced that they will report Q3, 2025 results on Oct 24, 2025お知らせ • Jun 30Chengdu Zhimingda Electronics Co., Ltd. to Report First Half, 2025 Results on Jul 25, 2025Chengdu Zhimingda Electronics Co., Ltd. announced that they will report first half, 2025 results on Jul 25, 2025お知らせ • Apr 25Chengdu Zhimingda Electronics Co., Ltd., Annual General Meeting, May 20, 2025Chengdu Zhimingda Electronics Co., Ltd., Annual General Meeting, May 20, 2025, at 15:00 China Standard Time. Location: 12F, Building 1, Zone T, No. 108, Jingye Road, Chengdu, Sichuan Chinaお知らせ • Mar 28Chengdu Zhimingda Electronics Co., Ltd. to Report Q1, 2025 Results on Apr 25, 2025Chengdu Zhimingda Electronics Co., Ltd. announced that they will report Q1, 2025 results on Apr 25, 2025お知らせ • Dec 27Chengdu Zhimingda Electronics Co., Ltd. to Report Fiscal Year 2024 Results on Apr 25, 2025Chengdu Zhimingda Electronics Co., Ltd. announced that they will report fiscal year 2024 results on Apr 25, 2025Reported Earnings • Oct 25Third quarter 2024 earnings released: CN¥0.10 loss per share (vs CN¥0.19 profit in 3Q 2023)Third quarter 2024 results: CN¥0.10 loss per share (down from CN¥0.19 profit in 3Q 2023). Revenue: CN¥49.2m (down 47% from 3Q 2023). Net loss: CN¥10.9m (down 151% from profit in 3Q 2023). Revenue is forecast to grow 41% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Tech industry in China.New Risk • Sep 30New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Chinese stocks, typically moving 9.6% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (9.6% average weekly change). Minor Risk Large one-off items impacting financial results.お知らせ • Sep 30Chengdu Zhimingda Electronics Co., Ltd. to Report Q3, 2024 Results on Oct 25, 2024Chengdu Zhimingda Electronics Co., Ltd. announced that they will report Q3, 2024 results on Oct 25, 2024Valuation Update With 7 Day Price Move • Sep 30Investor sentiment improves as stock rises 23%After last week's 23% share price gain to CN¥20.98, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 23x in the Tech industry in China. Total loss to shareholders of 38% over the past year.Valuation Update With 7 Day Price Move • Jul 05Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to CN¥19.13, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 24x in the Tech industry in China. Total loss to shareholders of 47% over the past year.お知らせ • Jun 28Chengdu Zhimingda Electronics Co., Ltd. to Report First Half, 2024 Results on Jul 25, 2024Chengdu Zhimingda Electronics Co., Ltd. announced that they will report first half, 2024 results on Jul 25, 2024お知らせ • Jun 20Feng Jian completed the acquisition of 5.3161% stake in Chengdu Zhimingda Electronics Co., Ltd. (SHSE:688636) from Du Kecheng.Feng Jian signed the Stock Transfer Agreement to acquire 5.3161% stake in Chengdu Zhimingda Electronics Co., Ltd. (SHSE:688636) from Du Kecheng for CNY 110 million on April 19, 2024. As part of the transaction, Feng Jian ill acquire 5.96 million shares in Chengdu Zhimingda Electronics Co., Ltd. Feng Jian completed the acquisition of 5.3161% stake in Chengdu Zhimingda Electronics Co., Ltd. (SHSE:688636) from Du Kecheng on June 19, 2024.Reported Earnings • Apr 17First quarter 2024 earnings released: CN¥0.15 loss per share (vs CN¥0.02 loss in 1Q 2023)First quarter 2024 results: CN¥0.15 loss per share (further deteriorated from CN¥0.02 loss in 1Q 2023). Revenue: CN¥49.0m (down 28% from 1Q 2023). Net loss: CN¥11.1m (loss widened CN¥9.81m from 1Q 2023). Revenue is forecast to grow 24% p.a. on average during the next 3 years, compared to a 17% growth forecast for the Tech industry in China.お知らせ • Mar 29+ 1 more updateChengdu Zhimingda Electronics Co., Ltd., Annual General Meeting, Apr 18, 2024Chengdu Zhimingda Electronics Co., Ltd., Annual General Meeting, Apr 18, 2024, at 15:00 China Standard Time. Location: 12F, Building 1, Area T, No. 108, Jingye Road, Chengdu, Sichuan ChinaValuation Update With 7 Day Price Move • Mar 27Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to CN¥40.00, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 27x in the Tech industry in China. Total loss to shareholders of 39% over the past year.Reported Earnings • Feb 27Full year 2023 earnings released: EPS: CN¥1.28 (vs CN¥1.01 in FY 2022)Full year 2023 results: EPS: CN¥1.28 (up from CN¥1.01 in FY 2022). Revenue: CN¥663.0m (up 23% from FY 2022). Net income: CN¥96.3m (up 28% from FY 2022). Profit margin: 14% (in line with FY 2022). Revenue is forecast to grow 26% p.a. on average during the next 2 years, compared to a 17% growth forecast for the Tech industry in China.Valuation Update With 7 Day Price Move • Feb 01Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to CN¥41.30, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 19x in the Tech industry in China.Valuation Update With 7 Day Price Move • Jan 09Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to CN¥54.50, the stock trades at a forward P/E ratio of 26x. Average forward P/E is 21x in the Tech industry in China.Valuation Update With 7 Day Price Move • Nov 01Investor sentiment improves as stock rises 15%After last week's 15% share price gain to CN¥56.01, the stock trades at a forward P/E ratio of 25x. Average forward P/E is 23x in the Tech industry in China.New Risk • Oct 31New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 20% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (20% accrual ratio). Minor Risk Share price has been volatile over the past 3 months (7.3% average weekly change).Reported Earnings • Oct 26Third quarter 2023 earnings released: EPS: CN¥0.28 (vs CN¥0.067 loss in 3Q 2022)Third quarter 2023 results: EPS: CN¥0.28 (up from CN¥0.067 loss in 3Q 2022). Revenue: CN¥93.5m (up 25% from 3Q 2022). Net income: CN¥21.4m (up CN¥26.4m from 3Q 2022). Profit margin: 23% (up from net loss in 3Q 2022). The move to profitability was primarily driven by higher revenue. Revenue is forecast to grow 29% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Tech industry in China.Valuation Update With 7 Day Price Move • Jun 30Investor sentiment improves as stock rises 19%After last week's 19% share price gain to CN¥55.00, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 25x in the Tech industry in China.お知らせ • Jun 28Chengdu Zhimingda Electronics Co., Ltd. to Report First Half, 2023 Results on Aug 18, 2023Chengdu Zhimingda Electronics Co., Ltd. announced that they will report first half, 2023 results on Aug 18, 2023Reported Earnings • Apr 26Full year 2022 earnings released: EPS: CN¥1.50 (vs CN¥2.43 in FY 2021)Full year 2022 results: EPS: CN¥1.50 (down from CN¥2.43 in FY 2021). Revenue: CN¥540.9m (up 20% from FY 2021). Net income: CN¥75.4m (down 32% from FY 2021). Profit margin: 14% (down from 25% in FY 2021). Revenue is forecast to grow 31% p.a. on average during the next 2 years, compared to a 16% growth forecast for the Tech industry in China.Board Change • Mar 15Less 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. 4 non-independent directors. Independent Director Xingwang Huang was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.収支内訳Chengdu Zhimingda Electronics の稼ぎ方とお金の使い方。LTMベースの直近の報告された収益に基づく。収益と収入の歴史XSSC:688636 収益、費用、利益 ( )CNY Millions日付収益収益G+A経費研究開発費31 Mar 267371121079331 Dec 257091021089330 Sep 257411111119330 Jun 25573561009431 Mar 2547039819331 Dec 2443819829930 Sep 24473258311330 Jun 24517588911731 Mar 24644868712131 Dec 23663969212330 Sep 23594928011630 Jun 23576668711931 Mar 23508657911731 Dec 22541758511430 Sep 22520889611730 Jun 225451159011231 Mar 224961119810531 Dec 21449112839530 Sep 21403109598130 Jun 21391115616831 Mar 2134597526131 Dec 2032586525630 Sep 2030480565331 Dec 19261594952質の高い収益: 688636 非現金収入 のレベルが高いです。利益率の向上: 688636の現在の純利益率 (15.2%)は、昨年(8.3%)よりも高くなっています。フリー・キャッシュフローと収益の比較過去の収益成長分析収益動向: 688636の収益は過去 5 年間で年間9.3%減少しました。成長の加速: 688636の過去 1 年間の収益成長率 ( 187.2% ) は、5 年間の平均 ( 年間-9.3%を上回っています。収益対業界: 688636の過去 1 年間の収益成長率 ( 187.2% ) はTech業界-7.3%を上回りました。株主資本利益率高いROE: 688636の 自己資本利益率 ( 7.9% ) は 低い とみなされます。総資産利益率使用総資本利益率過去の好業績企業の発掘7D1Y7D1Y7D1YTech 、過去の業績が好調な企業。View Financial Health企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/26 00:27終値2026/05/26 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Chengdu Zhimingda Electronics Co., Ltd. 2 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。3 アナリスト機関Liang LiChina Galaxy Securities Co., Ltd.Chenshuo FuCitic Securities Co., Ltd.Lujing LiTianfeng Securities Brokerage Co., Ltd
お知らせ • Mar 30Chengdu Zhimingda Electronics Co., Ltd. to Report Q1, 2026 Results on Apr 23, 2026Chengdu Zhimingda Electronics Co., Ltd. announced that they will report Q1, 2026 results on Apr 23, 2026
お知らせ • Dec 26Chengdu Zhimingda Electronics Co., Ltd. to Report Fiscal Year 2025 Results on Mar 26, 2026Chengdu Zhimingda Electronics Co., Ltd. announced that they will report fiscal year 2025 results on Mar 26, 2026
お知らせ • Sep 30Chengdu Zhimingda Electronics Co., Ltd. to Report Q3, 2025 Results on Oct 24, 2025Chengdu Zhimingda Electronics Co., Ltd. announced that they will report Q3, 2025 results on Oct 24, 2025
お知らせ • Jun 30Chengdu Zhimingda Electronics Co., Ltd. to Report First Half, 2025 Results on Jul 25, 2025Chengdu Zhimingda Electronics Co., Ltd. announced that they will report first half, 2025 results on Jul 25, 2025
お知らせ • Mar 28Chengdu Zhimingda Electronics Co., Ltd. to Report Q1, 2025 Results on Apr 25, 2025Chengdu Zhimingda Electronics Co., Ltd. announced that they will report Q1, 2025 results on Apr 25, 2025
お知らせ • Dec 27Chengdu Zhimingda Electronics Co., Ltd. to Report Fiscal Year 2024 Results on Apr 25, 2025Chengdu Zhimingda Electronics Co., Ltd. announced that they will report fiscal year 2024 results on Apr 25, 2025
Board Change • May 20Less 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. 6 experienced directors. 3 highly experienced directors. 3 independent directors (4 non-independent directors). Independent Director Yuedong Li was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
お知らせ • Mar 30Chengdu Zhimingda Electronics Co., Ltd. to Report Q1, 2026 Results on Apr 23, 2026Chengdu Zhimingda Electronics Co., Ltd. announced that they will report Q1, 2026 results on Apr 23, 2026
お知らせ • Mar 25Chengdu Zhimingda Electronics Co., Ltd., Annual General Meeting, Apr 15, 2026Chengdu Zhimingda Electronics Co., Ltd., Annual General Meeting, Apr 15, 2026, at 14:30 China Standard Time. Location: Building 1, Zone T, No. 108, Jingye Road, Chengdu, Sichuan China
お知らせ • Dec 26Chengdu Zhimingda Electronics Co., Ltd. to Report Fiscal Year 2025 Results on Mar 26, 2026Chengdu Zhimingda Electronics Co., Ltd. announced that they will report fiscal year 2025 results on Mar 26, 2026
お知らせ • Sep 30Chengdu Zhimingda Electronics Co., Ltd. to Report Q3, 2025 Results on Oct 24, 2025Chengdu Zhimingda Electronics Co., Ltd. announced that they will report Q3, 2025 results on Oct 24, 2025
お知らせ • Jun 30Chengdu Zhimingda Electronics Co., Ltd. to Report First Half, 2025 Results on Jul 25, 2025Chengdu Zhimingda Electronics Co., Ltd. announced that they will report first half, 2025 results on Jul 25, 2025
お知らせ • Apr 25Chengdu Zhimingda Electronics Co., Ltd., Annual General Meeting, May 20, 2025Chengdu Zhimingda Electronics Co., Ltd., Annual General Meeting, May 20, 2025, at 15:00 China Standard Time. Location: 12F, Building 1, Zone T, No. 108, Jingye Road, Chengdu, Sichuan China
お知らせ • Mar 28Chengdu Zhimingda Electronics Co., Ltd. to Report Q1, 2025 Results on Apr 25, 2025Chengdu Zhimingda Electronics Co., Ltd. announced that they will report Q1, 2025 results on Apr 25, 2025
お知らせ • Dec 27Chengdu Zhimingda Electronics Co., Ltd. to Report Fiscal Year 2024 Results on Apr 25, 2025Chengdu Zhimingda Electronics Co., Ltd. announced that they will report fiscal year 2024 results on Apr 25, 2025
Reported Earnings • Oct 25Third quarter 2024 earnings released: CN¥0.10 loss per share (vs CN¥0.19 profit in 3Q 2023)Third quarter 2024 results: CN¥0.10 loss per share (down from CN¥0.19 profit in 3Q 2023). Revenue: CN¥49.2m (down 47% from 3Q 2023). Net loss: CN¥10.9m (down 151% from profit in 3Q 2023). Revenue is forecast to grow 41% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Tech industry in China.
New Risk • Sep 30New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Chinese stocks, typically moving 9.6% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (9.6% average weekly change). Minor Risk Large one-off items impacting financial results.
お知らせ • Sep 30Chengdu Zhimingda Electronics Co., Ltd. to Report Q3, 2024 Results on Oct 25, 2024Chengdu Zhimingda Electronics Co., Ltd. announced that they will report Q3, 2024 results on Oct 25, 2024
Valuation Update With 7 Day Price Move • Sep 30Investor sentiment improves as stock rises 23%After last week's 23% share price gain to CN¥20.98, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 23x in the Tech industry in China. Total loss to shareholders of 38% over the past year.
Valuation Update With 7 Day Price Move • Jul 05Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to CN¥19.13, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 24x in the Tech industry in China. Total loss to shareholders of 47% over the past year.
お知らせ • Jun 28Chengdu Zhimingda Electronics Co., Ltd. to Report First Half, 2024 Results on Jul 25, 2024Chengdu Zhimingda Electronics Co., Ltd. announced that they will report first half, 2024 results on Jul 25, 2024
お知らせ • Jun 20Feng Jian completed the acquisition of 5.3161% stake in Chengdu Zhimingda Electronics Co., Ltd. (SHSE:688636) from Du Kecheng.Feng Jian signed the Stock Transfer Agreement to acquire 5.3161% stake in Chengdu Zhimingda Electronics Co., Ltd. (SHSE:688636) from Du Kecheng for CNY 110 million on April 19, 2024. As part of the transaction, Feng Jian ill acquire 5.96 million shares in Chengdu Zhimingda Electronics Co., Ltd. Feng Jian completed the acquisition of 5.3161% stake in Chengdu Zhimingda Electronics Co., Ltd. (SHSE:688636) from Du Kecheng on June 19, 2024.
Reported Earnings • Apr 17First quarter 2024 earnings released: CN¥0.15 loss per share (vs CN¥0.02 loss in 1Q 2023)First quarter 2024 results: CN¥0.15 loss per share (further deteriorated from CN¥0.02 loss in 1Q 2023). Revenue: CN¥49.0m (down 28% from 1Q 2023). Net loss: CN¥11.1m (loss widened CN¥9.81m from 1Q 2023). Revenue is forecast to grow 24% p.a. on average during the next 3 years, compared to a 17% growth forecast for the Tech industry in China.
お知らせ • Mar 29+ 1 more updateChengdu Zhimingda Electronics Co., Ltd., Annual General Meeting, Apr 18, 2024Chengdu Zhimingda Electronics Co., Ltd., Annual General Meeting, Apr 18, 2024, at 15:00 China Standard Time. Location: 12F, Building 1, Area T, No. 108, Jingye Road, Chengdu, Sichuan China
Valuation Update With 7 Day Price Move • Mar 27Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to CN¥40.00, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 27x in the Tech industry in China. Total loss to shareholders of 39% over the past year.
Reported Earnings • Feb 27Full year 2023 earnings released: EPS: CN¥1.28 (vs CN¥1.01 in FY 2022)Full year 2023 results: EPS: CN¥1.28 (up from CN¥1.01 in FY 2022). Revenue: CN¥663.0m (up 23% from FY 2022). Net income: CN¥96.3m (up 28% from FY 2022). Profit margin: 14% (in line with FY 2022). Revenue is forecast to grow 26% p.a. on average during the next 2 years, compared to a 17% growth forecast for the Tech industry in China.
Valuation Update With 7 Day Price Move • Feb 01Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to CN¥41.30, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 19x in the Tech industry in China.
Valuation Update With 7 Day Price Move • Jan 09Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to CN¥54.50, the stock trades at a forward P/E ratio of 26x. Average forward P/E is 21x in the Tech industry in China.
Valuation Update With 7 Day Price Move • Nov 01Investor sentiment improves as stock rises 15%After last week's 15% share price gain to CN¥56.01, the stock trades at a forward P/E ratio of 25x. Average forward P/E is 23x in the Tech industry in China.
New Risk • Oct 31New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 20% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (20% accrual ratio). Minor Risk Share price has been volatile over the past 3 months (7.3% average weekly change).
Reported Earnings • Oct 26Third quarter 2023 earnings released: EPS: CN¥0.28 (vs CN¥0.067 loss in 3Q 2022)Third quarter 2023 results: EPS: CN¥0.28 (up from CN¥0.067 loss in 3Q 2022). Revenue: CN¥93.5m (up 25% from 3Q 2022). Net income: CN¥21.4m (up CN¥26.4m from 3Q 2022). Profit margin: 23% (up from net loss in 3Q 2022). The move to profitability was primarily driven by higher revenue. Revenue is forecast to grow 29% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Tech industry in China.
Valuation Update With 7 Day Price Move • Jun 30Investor sentiment improves as stock rises 19%After last week's 19% share price gain to CN¥55.00, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 25x in the Tech industry in China.
お知らせ • Jun 28Chengdu Zhimingda Electronics Co., Ltd. to Report First Half, 2023 Results on Aug 18, 2023Chengdu Zhimingda Electronics Co., Ltd. announced that they will report first half, 2023 results on Aug 18, 2023
Reported Earnings • Apr 26Full year 2022 earnings released: EPS: CN¥1.50 (vs CN¥2.43 in FY 2021)Full year 2022 results: EPS: CN¥1.50 (down from CN¥2.43 in FY 2021). Revenue: CN¥540.9m (up 20% from FY 2021). Net income: CN¥75.4m (down 32% from FY 2021). Profit margin: 14% (down from 25% in FY 2021). Revenue is forecast to grow 31% p.a. on average during the next 2 years, compared to a 16% growth forecast for the Tech industry in China.
Board Change • Mar 15Less 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. 4 non-independent directors. Independent Director Xingwang Huang was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.