View ValuationNET263 将来の成長Future 基準チェック /36NET263は、130.3%と6.2%でそれぞれ年率130.3%で利益と収益が成長すると予測される一方、EPSはgrowで132.6%年率。主要情報130.3%収益成長率132.61%EPS成長率Telecom 収益成長5.1%収益成長率6.2%将来の株主資本利益率n/aアナリストカバレッジLow最終更新日02 Nov 2025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 17NET263 Ltd., Annual General Meeting, May 11, 2026NET263 Ltd., Annual General Meeting, May 11, 2026, at 15:30 China Standard Time. Location: 18F, No. 14, Dongtucheng Road, Heping Lane, Chaoyang District, Beijing Chinaお知らせ • Mar 31NET263 Ltd. to Report Q1, 2026 Results on Apr 30, 2026NET263 Ltd. announced that they will report Q1, 2026 results on Apr 30, 2026お知らせ • Dec 31NET263 Ltd. to Report Fiscal Year 2025 Results on Apr 17, 2026NET263 Ltd. announced that they will report fiscal year 2025 results on Apr 17, 2026お知らせ • Sep 30NET263 Ltd. to Report Q3, 2025 Results on Oct 31, 2025NET263 Ltd. announced that they will report Q3, 2025 results on Oct 31, 2025お知らせ • Jul 02NET263 Ltd. to Report First Half, 2025 Results on Aug 30, 2025NET263 Ltd. announced that they will report first half, 2025 results on Aug 30, 2025お知らせ • Apr 24NET263 Ltd. Approves Cash Dividend for 2024NET263 Ltd. at its Annual General Meeting held on 21 April 2025 approved cash dividend of CNY 0.10000000 per 10 shares (tax included) for 2024.お知らせ • Apr 02NET263 Ltd. Proposes Final Cash Dividend for the Year 2024NET263 Ltd. proposed final cash dividend of CNY 0.10000000 per ten shares (tax included) for the year 2024.お知らせ • Mar 31+ 1 more updateNET263 Ltd. to Report Q1, 2025 Results on Apr 30, 2025NET263 Ltd. announced that they will report Q1, 2025 results on Apr 30, 2025お知らせ • Dec 31NET263 Ltd. to Report Fiscal Year 2024 Results on Mar 31, 2025NET263 Ltd. announced that they will report fiscal year 2024 results on Mar 31, 2025Reported Earnings • Oct 31Third quarter 2024 earnings released: EPS: CN¥0.01 (vs CN¥0.02 in 3Q 2023)Third quarter 2024 results: EPS: CN¥0.01 (down from CN¥0.02 in 3Q 2023). Revenue: CN¥201.7m (down 13% from 3Q 2023). Net income: CN¥13.2m (down 49% from 3Q 2023). Profit margin: 6.5% (down from 11% in 3Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 118 percentage points per year, which is a significant difference in performance.お知らせ • Sep 30NET263 Ltd. to Report Q3, 2024 Results on Oct 31, 2024NET263 Ltd. announced that they will report Q3, 2024 results on Oct 31, 2024Buy Or Sell Opportunity • Sep 28Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 11% to CN¥3.72. The fair value is estimated to be CN¥3.06, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company became loss making.お知らせ • Sep 24NET263 Ltd. Approves the Election of Jin Yudan as Independent DirectorNET263 Ltd. held its 3rd Extraordinary General Meeting of 2024 on 20 September 2024, during which the following proposal(s) was/were approved the election of Jin Yudan as independent director.Reported Earnings • Aug 31Second quarter 2024 earnings released: EPS: CN¥0.02 (vs CN¥0.072 in 2Q 2023)Second quarter 2024 results: EPS: CN¥0.02 (down from CN¥0.072 in 2Q 2023). Revenue: CN¥210.5m (down 3.5% from 2Q 2023). Net income: CN¥24.0m (down 48% from 2Q 2023). Profit margin: 11% (down from 21% in 2Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 118 percentage points per year, which is a significant difference in performance.Board Change • Jul 12Less than half of directors are independentThere are 5 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Rui Li was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.お知らせ • Jun 29NET263 Ltd. to Report First Half, 2024 Results on Aug 31, 2024NET263 Ltd. announced that they will report first half, 2024 results on Aug 31, 2024New Risk • Jun 05New major risk - Revenue and earnings growthEarnings have declined by 46% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. This is currently the only risk that has been identified for the company.Reported Earnings • May 01First quarter 2024 earnings released: EPS: CN¥0.02 (vs CN¥0.01 in 1Q 2023)First quarter 2024 results: EPS: CN¥0.02 (up from CN¥0.01 in 1Q 2023). Revenue: CN¥258.0m (up 23% from 1Q 2023). Net income: CN¥27.3m (up 38% from 1Q 2023). Profit margin: 11% (up from 9.5% in 1Q 2023). Revenue is forecast to grow 7.4% p.a. on average during the next 2 years, compared to a 17% growth forecast for the Telecom industry in China. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 117 percentage points per year, which is a significant difference in performance.Reported Earnings • Apr 01Full year 2023 earnings released: CN¥0.19 loss per share (vs CN¥0.02 profit in FY 2022)Full year 2023 results: CN¥0.19 loss per share (down from CN¥0.02 profit in FY 2022). Revenue: CN¥889.9m (flat on FY 2022). Net loss: CN¥255.4m (down CN¥287.4m from profit in FY 2022). Revenue is forecast to grow 9.1% p.a. on average during the next 2 years, compared to a 13% growth forecast for the Telecom industry in China. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 103 percentage points per year, which is a significant difference in performance.お知らせ • Mar 30+ 1 more updateNET263 Ltd., Annual General Meeting, Apr 22, 2024NET263 Ltd., Annual General Meeting, Apr 22, 2024, at 15:30 China Standard Time. Location: 18F, No. 14, Dongtucheng Road, Heping Lane, Chaoyang District, Beijing ChinaNew Risk • Feb 21New 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 8.6% 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 Dividend is not well covered by earnings and cash flows. Payout ratio: 440% Cash payout ratio: 245% Minor Risks Share price has been volatile over the past 3 months (8.6% average weekly change). Large one-off items impacting financial results.Valuation Update With 7 Day Price Move • Feb 01Investor sentiment deteriorates as stock falls 20%After last week's 20% share price decline to CN¥3.27, the stock trades at a forward P/E ratio of 37x. Average forward P/E is 13x in the Telecom industry in Asia. Total loss to shareholders of 37% over the past three years.お知らせ • Dec 30NET263 Ltd. to Report Fiscal Year 2023 Results on Mar 30, 2024NET263 Ltd. announced that they will report fiscal year 2023 results on Mar 30, 2024Reported Earnings • Nov 01Third quarter 2023 earnings released: EPS: CN¥0.02 (vs CN¥0.02 in 3Q 2022)Third quarter 2023 results: EPS: CN¥0.02 (in line with 3Q 2022). Revenue: CN¥232.3m (up 1.7% from 3Q 2022). Net income: CN¥25.7m (down 5.6% from 3Q 2022). Profit margin: 11% (in line with 3Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 88 percentage points per year, which is a significant difference in performance.Reported Earnings • Aug 31Second quarter 2023 earnings released: EPS: CN¥0.072 (vs CN¥0.001 in 2Q 2022)Second quarter 2023 results: EPS: CN¥0.072 (up from CN¥0.001 in 2Q 2022). Revenue: CN¥218.1m (flat on 2Q 2022). Net income: CN¥45.7m (up CN¥43.8m from 2Q 2022). Profit margin: 21% (up from 0.9% in 2Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 78 percentage points per year, which is a significant difference in performance.Reported Earnings • Apr 29First quarter 2023 earnings released: EPS: CN¥0.01 (vs CN¥0.03 in 1Q 2022)First quarter 2023 results: EPS: CN¥0.01 (down from CN¥0.03 in 1Q 2022). Revenue: CN¥209.4m (down 5.2% from 1Q 2022). Net income: CN¥19.8m (down 45% from 1Q 2022). Profit margin: 9.5% (down from 16% in 1Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 70 percentage points per year, which is a significant difference in performance.Board Change • Nov 16Less than half of directors are independentThere are 7 new directors who have joined the board in the last 3 years. Of these new board members, 3 were independent directors. The company's board is composed of: 7 new directors. 3 experienced directors. No highly experienced directors. 3 independent directors (4 non-independent directors). Employee Supervisor Li Gu is the most experienced director on the board, commencing their role in 2015. Independent Director Rui Li was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors.Reported Earnings • Oct 31Third quarter 2022 earnings released: EPS: CN¥0.02 (vs CN¥0.02 in 3Q 2021)Third quarter 2022 results: EPS: CN¥0.02 (in line with 3Q 2021). Revenue: CN¥228.3m (up 5.5% from 3Q 2021). Net income: CN¥27.2m (down 23% from 3Q 2021). Profit margin: 12% (down from 16% in 3Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 43% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings.Reported Earnings • Sep 02Second quarter 2022 earnings released: EPS: CN¥0.001 (vs CN¥0.073 in 2Q 2021)Second quarter 2022 results: EPS: CN¥0.001 (down from CN¥0.073 in 2Q 2021). Revenue: CN¥217.8m (down 5.7% from 2Q 2021). Net income: CN¥1.87m (down 98% from 2Q 2021). Profit margin: 0.9% (down from 39% in 2Q 2021). Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has only fallen by 12% per year, which means it has not declined as severely as earnings.Valuation Update With 7 Day Price Move • Jun 17Investor sentiment improved over the past weekAfter last week's 19% share price gain to CN¥4.61, the stock trades at a trailing P/E ratio of 58.2x. Average trailing P/E is 18x in the Telecom industry in Asia. Total loss to shareholders of 27% over the past three years.Reported Earnings • Apr 30First quarter 2022 earnings released: EPS: CN¥0.03 (vs CN¥0.03 loss in 1Q 2021)First quarter 2022 results: EPS: CN¥0.03 (up from CN¥0.03 loss in 1Q 2021). Revenue: CN¥220.8m (down 1.1% from 1Q 2021). Net income: CN¥35.9m (up CN¥75.0m from 1Q 2021). Profit margin: 16% (up from net loss in 1Q 2021). Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has fallen by 14% per year, which means it is performing significantly worse than earnings.Board Change • Apr 27High number of new and inexperienced directorsThere are 7 new directors who have joined the board in the last 3 years. The company's board is composed of: 7 new directors. 5 experienced directors. No highly experienced directors. Supervisor Xue Si Wang is the most experienced director on the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.Reported Earnings • Apr 02Full year 2021 earnings released: EPS: CN¥0.02 (vs CN¥0.26 in FY 2020)Full year 2021 results: EPS: CN¥0.02 (down from CN¥0.26 in FY 2020). Revenue: CN¥891.4m (down 8.1% from FY 2020). Net income: CN¥33.4m (down 90% from FY 2020). Profit margin: 3.7% (down from 36% in FY 2020). 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 4% per year, which means it is significantly lagging earnings.Board Change • Nov 01High number of new and inexperienced directorsThere are 7 new directors who have joined the board in the last 3 years. The company's board is composed of: 7 new directors. 5 experienced directors. No highly experienced directors. Supervisor Xue Si Wang is the most experienced director on the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.Reported Earnings • Oct 31Third quarter 2021 earnings released: EPS CN¥0.02 (vs CN¥0.20 in 3Q 2020)The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: CN¥216.5m (down 12% from 3Q 2020). Net income: CN¥35.3m (down 87% from 3Q 2020). Profit margin: 16% (down from 107% in 3Q 2020). Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth.Board Change • Oct 02High number of new and inexperienced directorsThere are 7 new directors who have joined the board in the last 3 years. The company's board is composed of: 7 new directors. 5 experienced directors. No highly experienced directors. Supervisor Xue Si Wang is the most experienced director on the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.Board Change • Sep 02Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 10 experienced directors. 1 highly experienced director. Independent Director Xuhong Zhou was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Reported Earnings • Aug 22Second quarter 2021 earnings released: EPS CN¥0.073 (vs CN¥0.066 in 2Q 2020)The company reported a poor second quarter result with weaker earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CN¥231.1m (down 4.3% from 2Q 2020). Net income: CN¥89.7m (down 6.9% from 2Q 2020). Profit margin: 39% (down from 40% in 2Q 2020). Over the last 3 years on average, earnings per share has increased by 60% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.Reported Earnings • Apr 19Full year 2020 earnings released: EPS CN¥0.26 (vs CN¥0.13 in FY 2019)The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: CN¥970.0m (down 4.3% from FY 2019). Net income: CN¥348.3m (up 101% from FY 2019). Profit margin: 36% (up from 17% in FY 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 83% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.Is New 90 Day High Low • Dec 16New 90-day low: CN¥5.98The company is down 12% from its price of CN¥6.77 on 18 September 2020. The Chinese market is up 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Telecom industry, which is down 4.0% over the same period.Is New 90 Day High Low • Dec 01New 90-day low: CN¥6.55The company is down 9.0% from its price of CN¥7.20 on 02 September 2020. The Chinese market is down 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Telecom industry, which is down 8.0% over the same period.Reported Earnings • Nov 01Third quarter earnings releasedOver the last 12 months the company has reported total profits of CN¥478.6m, up 338% from the prior year. Total revenue was CN¥977.6m over the last 12 months, down 4.6% from the prior year.Is New 90 Day High Low • Sep 25New 90-day low: CN¥6.57The company is down 8.0% from its price of CN¥7.15 on 24 June 2020. The Chinese market is up 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Telecom industry, which is down 7.0% over the same period.業績と収益の成長予測XSEC:002467 - 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12/31/2027910135N/A109112/31/2026846112N/A13013/31/2026817-313-31490N/A12/31/2025797-284-296103N/A9/30/20257888027139N/A6/30/20257845356152N/A3/31/20257985789162N/A12/31/20248686993161N/A9/30/2024900-282120149N/A6/30/2024931-270134164N/A3/31/2024939-248125162N/A12/31/2023890-255108140N/A9/30/20238885891137N/A6/30/20238846087139N/A3/31/20238841686137N/A1/1/20238953257112N/A9/30/20228871399146N/A6/30/2022876212780N/A3/31/20228891084095N/A1/1/20228913372128N/A9/30/20219063791153N/A6/30/2021936267150201N/A3/31/2021946274175224N/A12/31/2020970348164221N/A9/30/2020978480116197N/A6/30/2020992242103182N/A3/31/202099817357130N/A12/31/20191,014175N/A146N/A9/30/20191,025108N/A120N/A6/30/20191,017110N/A167N/A3/31/2019991109N/A162N/A12/31/201892986N/A127N/A9/30/201888437N/A134N/A6/30/201884221N/A93N/A3/31/201883015N/A127N/A12/31/201783631N/A141N/A9/30/2017847-410N/A130N/A6/30/2017838-414N/A119N/A3/31/2017839-435N/A113N/A12/31/2016836-378N/A100N/A9/30/201679271N/A104N/A6/30/201677685N/A116N/A3/31/2016744112N/A111N/A12/31/201571659N/A129N/A9/30/2015765115N/A148N/A6/30/2015747137N/A171N/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: 002467は今後 3 年間で収益性が向上すると予測されており、これは 貯蓄率 ( 2.4% ) よりも高い成長率であると考えられます。収益対市場: 002467今後 3 年間で収益性が向上すると予想されており、これは市場平均を上回る成長と考えられます。高成長収益: 002467今後 3 年以内に収益を上げることが予想されます。収益対市場: 002467の収益 ( 6.2% ) CN市場 ( 15.6% ) よりも低い成長が予測されています。高い収益成長: 002467の収益 ( 6.2% ) 20%よりも低い成長が予測されています。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: 002467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7D1Y7D1Y7D1YTelecom 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2026/05/06 10:32終値2026/05/06 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NET263 Ltd. 1 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。5 アナリスト機関Liangbi ZhaoChina Galaxy Securities Co., Ltd.Jian ChenCitic Securities Co., Ltd.Jiaji SongEverbright Securities Co. Ltd.2 その他のアナリストを表示
お知らせ • Apr 17NET263 Ltd., Annual General Meeting, May 11, 2026NET263 Ltd., Annual General Meeting, May 11, 2026, at 15:30 China Standard Time. Location: 18F, No. 14, Dongtucheng Road, Heping Lane, Chaoyang District, Beijing China
お知らせ • Mar 31NET263 Ltd. to Report Q1, 2026 Results on Apr 30, 2026NET263 Ltd. announced that they will report Q1, 2026 results on Apr 30, 2026
お知らせ • Dec 31NET263 Ltd. to Report Fiscal Year 2025 Results on Apr 17, 2026NET263 Ltd. announced that they will report fiscal year 2025 results on Apr 17, 2026
お知らせ • Sep 30NET263 Ltd. to Report Q3, 2025 Results on Oct 31, 2025NET263 Ltd. announced that they will report Q3, 2025 results on Oct 31, 2025
お知らせ • Jul 02NET263 Ltd. to Report First Half, 2025 Results on Aug 30, 2025NET263 Ltd. announced that they will report first half, 2025 results on Aug 30, 2025
お知らせ • Apr 24NET263 Ltd. Approves Cash Dividend for 2024NET263 Ltd. at its Annual General Meeting held on 21 April 2025 approved cash dividend of CNY 0.10000000 per 10 shares (tax included) for 2024.
お知らせ • Apr 02NET263 Ltd. Proposes Final Cash Dividend for the Year 2024NET263 Ltd. proposed final cash dividend of CNY 0.10000000 per ten shares (tax included) for the year 2024.
お知らせ • Mar 31+ 1 more updateNET263 Ltd. to Report Q1, 2025 Results on Apr 30, 2025NET263 Ltd. announced that they will report Q1, 2025 results on Apr 30, 2025
お知らせ • Dec 31NET263 Ltd. to Report Fiscal Year 2024 Results on Mar 31, 2025NET263 Ltd. announced that they will report fiscal year 2024 results on Mar 31, 2025
Reported Earnings • Oct 31Third quarter 2024 earnings released: EPS: CN¥0.01 (vs CN¥0.02 in 3Q 2023)Third quarter 2024 results: EPS: CN¥0.01 (down from CN¥0.02 in 3Q 2023). Revenue: CN¥201.7m (down 13% from 3Q 2023). Net income: CN¥13.2m (down 49% from 3Q 2023). Profit margin: 6.5% (down from 11% in 3Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 118 percentage points per year, which is a significant difference in performance.
お知らせ • Sep 30NET263 Ltd. to Report Q3, 2024 Results on Oct 31, 2024NET263 Ltd. announced that they will report Q3, 2024 results on Oct 31, 2024
Buy Or Sell Opportunity • Sep 28Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 11% to CN¥3.72. The fair value is estimated to be CN¥3.06, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company became loss making.
お知らせ • Sep 24NET263 Ltd. Approves the Election of Jin Yudan as Independent DirectorNET263 Ltd. held its 3rd Extraordinary General Meeting of 2024 on 20 September 2024, during which the following proposal(s) was/were approved the election of Jin Yudan as independent director.
Reported Earnings • Aug 31Second quarter 2024 earnings released: EPS: CN¥0.02 (vs CN¥0.072 in 2Q 2023)Second quarter 2024 results: EPS: CN¥0.02 (down from CN¥0.072 in 2Q 2023). Revenue: CN¥210.5m (down 3.5% from 2Q 2023). Net income: CN¥24.0m (down 48% from 2Q 2023). Profit margin: 11% (down from 21% in 2Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 118 percentage points per year, which is a significant difference in performance.
Board Change • Jul 12Less than half of directors are independentThere are 5 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Rui Li was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.
お知らせ • Jun 29NET263 Ltd. to Report First Half, 2024 Results on Aug 31, 2024NET263 Ltd. announced that they will report first half, 2024 results on Aug 31, 2024
New Risk • Jun 05New major risk - Revenue and earnings growthEarnings have declined by 46% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. This is currently the only risk that has been identified for the company.
Reported Earnings • May 01First quarter 2024 earnings released: EPS: CN¥0.02 (vs CN¥0.01 in 1Q 2023)First quarter 2024 results: EPS: CN¥0.02 (up from CN¥0.01 in 1Q 2023). Revenue: CN¥258.0m (up 23% from 1Q 2023). Net income: CN¥27.3m (up 38% from 1Q 2023). Profit margin: 11% (up from 9.5% in 1Q 2023). Revenue is forecast to grow 7.4% p.a. on average during the next 2 years, compared to a 17% growth forecast for the Telecom industry in China. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 117 percentage points per year, which is a significant difference in performance.
Reported Earnings • Apr 01Full year 2023 earnings released: CN¥0.19 loss per share (vs CN¥0.02 profit in FY 2022)Full year 2023 results: CN¥0.19 loss per share (down from CN¥0.02 profit in FY 2022). Revenue: CN¥889.9m (flat on FY 2022). Net loss: CN¥255.4m (down CN¥287.4m from profit in FY 2022). Revenue is forecast to grow 9.1% p.a. on average during the next 2 years, compared to a 13% growth forecast for the Telecom industry in China. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 103 percentage points per year, which is a significant difference in performance.
お知らせ • Mar 30+ 1 more updateNET263 Ltd., Annual General Meeting, Apr 22, 2024NET263 Ltd., Annual General Meeting, Apr 22, 2024, at 15:30 China Standard Time. Location: 18F, No. 14, Dongtucheng Road, Heping Lane, Chaoyang District, Beijing China
New Risk • Feb 21New 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 8.6% 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 Dividend is not well covered by earnings and cash flows. Payout ratio: 440% Cash payout ratio: 245% Minor Risks Share price has been volatile over the past 3 months (8.6% average weekly change). Large one-off items impacting financial results.
Valuation Update With 7 Day Price Move • Feb 01Investor sentiment deteriorates as stock falls 20%After last week's 20% share price decline to CN¥3.27, the stock trades at a forward P/E ratio of 37x. Average forward P/E is 13x in the Telecom industry in Asia. Total loss to shareholders of 37% over the past three years.
お知らせ • Dec 30NET263 Ltd. to Report Fiscal Year 2023 Results on Mar 30, 2024NET263 Ltd. announced that they will report fiscal year 2023 results on Mar 30, 2024
Reported Earnings • Nov 01Third quarter 2023 earnings released: EPS: CN¥0.02 (vs CN¥0.02 in 3Q 2022)Third quarter 2023 results: EPS: CN¥0.02 (in line with 3Q 2022). Revenue: CN¥232.3m (up 1.7% from 3Q 2022). Net income: CN¥25.7m (down 5.6% from 3Q 2022). Profit margin: 11% (in line with 3Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 88 percentage points per year, which is a significant difference in performance.
Reported Earnings • Aug 31Second quarter 2023 earnings released: EPS: CN¥0.072 (vs CN¥0.001 in 2Q 2022)Second quarter 2023 results: EPS: CN¥0.072 (up from CN¥0.001 in 2Q 2022). Revenue: CN¥218.1m (flat on 2Q 2022). Net income: CN¥45.7m (up CN¥43.8m from 2Q 2022). Profit margin: 21% (up from 0.9% in 2Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 78 percentage points per year, which is a significant difference in performance.
Reported Earnings • Apr 29First quarter 2023 earnings released: EPS: CN¥0.01 (vs CN¥0.03 in 1Q 2022)First quarter 2023 results: EPS: CN¥0.01 (down from CN¥0.03 in 1Q 2022). Revenue: CN¥209.4m (down 5.2% from 1Q 2022). Net income: CN¥19.8m (down 45% from 1Q 2022). Profit margin: 9.5% (down from 16% in 1Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 70 percentage points per year, which is a significant difference in performance.
Board Change • Nov 16Less than half of directors are independentThere are 7 new directors who have joined the board in the last 3 years. Of these new board members, 3 were independent directors. The company's board is composed of: 7 new directors. 3 experienced directors. No highly experienced directors. 3 independent directors (4 non-independent directors). Employee Supervisor Li Gu is the most experienced director on the board, commencing their role in 2015. Independent Director Rui Li was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors.
Reported Earnings • Oct 31Third quarter 2022 earnings released: EPS: CN¥0.02 (vs CN¥0.02 in 3Q 2021)Third quarter 2022 results: EPS: CN¥0.02 (in line with 3Q 2021). Revenue: CN¥228.3m (up 5.5% from 3Q 2021). Net income: CN¥27.2m (down 23% from 3Q 2021). Profit margin: 12% (down from 16% in 3Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 43% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings.
Reported Earnings • Sep 02Second quarter 2022 earnings released: EPS: CN¥0.001 (vs CN¥0.073 in 2Q 2021)Second quarter 2022 results: EPS: CN¥0.001 (down from CN¥0.073 in 2Q 2021). Revenue: CN¥217.8m (down 5.7% from 2Q 2021). Net income: CN¥1.87m (down 98% from 2Q 2021). Profit margin: 0.9% (down from 39% in 2Q 2021). Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has only fallen by 12% per year, which means it has not declined as severely as earnings.
Valuation Update With 7 Day Price Move • Jun 17Investor sentiment improved over the past weekAfter last week's 19% share price gain to CN¥4.61, the stock trades at a trailing P/E ratio of 58.2x. Average trailing P/E is 18x in the Telecom industry in Asia. Total loss to shareholders of 27% over the past three years.
Reported Earnings • Apr 30First quarter 2022 earnings released: EPS: CN¥0.03 (vs CN¥0.03 loss in 1Q 2021)First quarter 2022 results: EPS: CN¥0.03 (up from CN¥0.03 loss in 1Q 2021). Revenue: CN¥220.8m (down 1.1% from 1Q 2021). Net income: CN¥35.9m (up CN¥75.0m from 1Q 2021). Profit margin: 16% (up from net loss in 1Q 2021). Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has fallen by 14% per year, which means it is performing significantly worse than earnings.
Board Change • Apr 27High number of new and inexperienced directorsThere are 7 new directors who have joined the board in the last 3 years. The company's board is composed of: 7 new directors. 5 experienced directors. No highly experienced directors. Supervisor Xue Si Wang is the most experienced director on the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.
Reported Earnings • Apr 02Full year 2021 earnings released: EPS: CN¥0.02 (vs CN¥0.26 in FY 2020)Full year 2021 results: EPS: CN¥0.02 (down from CN¥0.26 in FY 2020). Revenue: CN¥891.4m (down 8.1% from FY 2020). Net income: CN¥33.4m (down 90% from FY 2020). Profit margin: 3.7% (down from 36% in FY 2020). 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 4% per year, which means it is significantly lagging earnings.
Board Change • Nov 01High number of new and inexperienced directorsThere are 7 new directors who have joined the board in the last 3 years. The company's board is composed of: 7 new directors. 5 experienced directors. No highly experienced directors. Supervisor Xue Si Wang is the most experienced director on the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.
Reported Earnings • Oct 31Third quarter 2021 earnings released: EPS CN¥0.02 (vs CN¥0.20 in 3Q 2020)The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: CN¥216.5m (down 12% from 3Q 2020). Net income: CN¥35.3m (down 87% from 3Q 2020). Profit margin: 16% (down from 107% in 3Q 2020). Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth.
Board Change • Oct 02High number of new and inexperienced directorsThere are 7 new directors who have joined the board in the last 3 years. The company's board is composed of: 7 new directors. 5 experienced directors. No highly experienced directors. Supervisor Xue Si Wang is the most experienced director on the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.
Board Change • Sep 02Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 10 experienced directors. 1 highly experienced director. Independent Director Xuhong Zhou was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Reported Earnings • Aug 22Second quarter 2021 earnings released: EPS CN¥0.073 (vs CN¥0.066 in 2Q 2020)The company reported a poor second quarter result with weaker earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CN¥231.1m (down 4.3% from 2Q 2020). Net income: CN¥89.7m (down 6.9% from 2Q 2020). Profit margin: 39% (down from 40% in 2Q 2020). Over the last 3 years on average, earnings per share has increased by 60% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Apr 19Full year 2020 earnings released: EPS CN¥0.26 (vs CN¥0.13 in FY 2019)The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: CN¥970.0m (down 4.3% from FY 2019). Net income: CN¥348.3m (up 101% from FY 2019). Profit margin: 36% (up from 17% in FY 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 83% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.
Is New 90 Day High Low • Dec 16New 90-day low: CN¥5.98The company is down 12% from its price of CN¥6.77 on 18 September 2020. The Chinese market is up 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Telecom industry, which is down 4.0% over the same period.
Is New 90 Day High Low • Dec 01New 90-day low: CN¥6.55The company is down 9.0% from its price of CN¥7.20 on 02 September 2020. The Chinese market is down 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Telecom industry, which is down 8.0% over the same period.
Reported Earnings • Nov 01Third quarter earnings releasedOver the last 12 months the company has reported total profits of CN¥478.6m, up 338% from the prior year. Total revenue was CN¥977.6m over the last 12 months, down 4.6% from the prior year.
Is New 90 Day High Low • Sep 25New 90-day low: CN¥6.57The company is down 8.0% from its price of CN¥7.15 on 24 June 2020. The Chinese market is up 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Telecom industry, which is down 7.0% over the same period.