View Future GrowthCMST DevelopmentLtd 過去の業績過去 基準チェック /36CMST DevelopmentLtdの収益は年間平均-10.4%の割合で減少していますが、 Logistics業界の収益は年間 減少しています。収益は年間4.9% 1.5%割合で 減少しています。 CMST DevelopmentLtdの自己資本利益率は3.9%であり、純利益率は0.7%です。主要情報-10.42%収益成長率-10.73%EPS成長率Logistics 業界の成長13.69%収益成長率-1.48%株主資本利益率3.90%ネット・マージン0.75%前回の決算情報31 Mar 2026最近の業績更新Reported Earnings • Mar 31Full year 2025 earnings released: EPS: CN¥0.25 (vs CN¥0.18 in FY 2024)Full year 2025 results: EPS: CN¥0.25 (up from CN¥0.18 in FY 2024). Revenue: CN¥67.7b (up 7.2% from FY 2024). Net income: CN¥545.5m (up 35% from FY 2024). Profit margin: 0.8% (up from 0.6% in FY 2024). Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings.お知らせ • Mar 30CMST Development Co.,Ltd. to Report Q1, 2026 Results on Apr 30, 2026CMST Development Co.,Ltd. announced that they will report Q1, 2026 results on Apr 30, 2026お知らせ • Dec 26CMST Development Co.,Ltd. to Report Fiscal Year 2025 Results on Apr 17, 2026CMST Development Co.,Ltd. announced that they will report fiscal year 2025 results on Apr 17, 2026Reported Earnings • Oct 30Third quarter 2025 earnings released: EPS: CN¥0.014 (vs CN¥0.003 in 3Q 2024)Third quarter 2025 results: EPS: CN¥0.014 (up from CN¥0.003 in 3Q 2024). Revenue: CN¥18.3b (up 8.8% from 3Q 2024). Net income: CN¥29.4m (up 311% from 3Q 2024). Profit margin: 0.2% (up from 0% in 3Q 2024). 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.お知らせ • Sep 30CMST Development Co.,Ltd. to Report Q3, 2025 Results on Oct 30, 2025CMST Development Co.,Ltd. announced that they will report Q3, 2025 results on Oct 30, 2025Reported Earnings • Sep 04Second quarter 2025 earnings released: EPS: CN¥0.16 (vs CN¥0.048 in 2Q 2024)Second quarter 2025 results: EPS: CN¥0.16 (up from CN¥0.048 in 2Q 2024). Revenue: CN¥16.2b (down 1.8% from 2Q 2024). Net income: CN¥350.7m (up 238% from 2Q 2024). Profit margin: 2.2% (up from 0.6% in 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings.すべての更新を表示Recent updatesReported Earnings • Mar 31Full year 2025 earnings released: EPS: CN¥0.25 (vs CN¥0.18 in FY 2024)Full year 2025 results: EPS: CN¥0.25 (up from CN¥0.18 in FY 2024). Revenue: CN¥67.7b (up 7.2% from FY 2024). Net income: CN¥545.5m (up 35% from FY 2024). Profit margin: 0.8% (up from 0.6% in FY 2024). Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings.お知らせ • Mar 31CMST Development Co.,Ltd., Annual General Meeting, Apr 29, 2026CMST Development Co.,Ltd., Annual General Meeting, Apr 29, 2026, at 09:30 China Standard Time. Location: Tower A, Building 2, Yard No. 5, Fenghuangzui Street, Fengtai District, Beijing Chinaお知らせ • Mar 30CMST Development Co.,Ltd. to Report Q1, 2026 Results on Apr 30, 2026CMST Development Co.,Ltd. announced that they will report Q1, 2026 results on Apr 30, 2026お知らせ • Dec 26CMST Development Co.,Ltd. to Report Fiscal Year 2025 Results on Apr 17, 2026CMST Development Co.,Ltd. announced that they will report fiscal year 2025 results on Apr 17, 2026Reported Earnings • Oct 30Third quarter 2025 earnings released: EPS: CN¥0.014 (vs CN¥0.003 in 3Q 2024)Third quarter 2025 results: EPS: CN¥0.014 (up from CN¥0.003 in 3Q 2024). Revenue: CN¥18.3b (up 8.8% from 3Q 2024). Net income: CN¥29.4m (up 311% from 3Q 2024). Profit margin: 0.2% (up from 0% in 3Q 2024). 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.お知らせ • Sep 30CMST Development Co.,Ltd. to Report Q3, 2025 Results on Oct 30, 2025CMST Development Co.,Ltd. announced that they will report Q3, 2025 results on Oct 30, 2025Reported Earnings • Sep 04Second quarter 2025 earnings released: EPS: CN¥0.16 (vs CN¥0.048 in 2Q 2024)Second quarter 2025 results: EPS: CN¥0.16 (up from CN¥0.048 in 2Q 2024). Revenue: CN¥16.2b (down 1.8% from 2Q 2024). Net income: CN¥350.7m (up 238% from 2Q 2024). Profit margin: 2.2% (up from 0.6% in 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings.お知らせ • Jun 30CMST Development Co.,Ltd. to Report First Half, 2025 Results on Aug 30, 2025CMST Development Co.,Ltd. announced that they will report first half, 2025 results on Aug 30, 2025Declared Dividend • May 29Dividend reduced to CN¥0.07Dividend of CN¥0.07 is 45% lower than last year. Ex-date: 5th June 2025 Payment date: 5th June 2025 Dividend yield will be 1.2%, which is lower than the industry average of 1.7%. Sustainability & Growth Dividend is covered by both earnings (79% earnings payout ratio) and cash flows (15% cash payout ratio). The dividend has increased by an average of 11% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to decline by 12% to shift the payout ratio to a potentially unsustainable range, which is more than the 7.7% EPS decline seen over the last 5 years.New Risk • Apr 22New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 0.6% Last year net profit margin: 1.2% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.6% net profit margin).お知らせ • Apr 20CMST Development Co.,Ltd., Annual General Meeting, May 09, 2025CMST Development Co.,Ltd., Annual General Meeting, May 09, 2025, at 09:30 China Standard Time. Location: Tower A, Building 2, Yard No. 5, Fenghuangzui Street, Fengtai District, Beijing ChinaValuation Update With 7 Day Price Move • Apr 14Investor sentiment improves as stock rises 23%After last week's 23% share price gain to CN¥6.69, the stock trades at a trailing P/E ratio of 17.5x. Average trailing P/E is 20x in the Logistics industry in China. Total returns to shareholders of 24% over the past three years.分析記事 • Apr 02CMST Development Co.,Ltd.'s (SHSE:600787) Shares Lagging The Market But So Is The BusinessWhen close to half the companies in China have price-to-earnings ratios (or "P/E's") above 38x, you may consider CMST...お知らせ • Mar 28CMST Development Co.,Ltd. to Report Q1, 2025 Results on Apr 26, 2025CMST Development Co.,Ltd. announced that they will report Q1, 2025 results on Apr 26, 2025分析記事 • Feb 28CMST DevelopmentLtd (SHSE:600787) Shareholders Will Want The ROCE Trajectory To ContinueIf you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...New Risk • Feb 04New 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 11% 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 (11% average weekly change). Minor Risks Dividend is not well covered by cash flows (114% cash payout ratio). Large one-off items impacting financial results.分析記事 • Dec 29Is CMST DevelopmentLtd (SHSE:600787) A Risky Investment?Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...お知らせ • Dec 27CMST Development Co.,Ltd. to Report Fiscal Year 2024 Results on Apr 19, 2025CMST Development Co.,Ltd. announced that they will report fiscal year 2024 results on Apr 19, 2025分析記事 • Dec 08CMST Development Co.,Ltd.'s (SHSE:600787) Price Is Right But Growth Is Lacking After Shares Rocket 38%Despite an already strong run, CMST Development Co.,Ltd. ( SHSE:600787 ) shares have been powering on, with a gain of...New Risk • Dec 04New 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 11% 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: Minor Risks Dividend is not well covered by cash flows (114% cash payout ratio). Share price has been volatile over the past 3 months (11% average weekly change). Large one-off items impacting financial results.Valuation Update With 7 Day Price Move • Nov 30Investor sentiment improves as stock rises 27%After last week's 27% share price gain to CN¥8.82, the stock trades at a trailing P/E ratio of 23.1x. Average trailing P/E is 19x in the Logistics industry in China. Total returns to shareholders of 55% over the past three years.Valuation Update With 7 Day Price Move • Nov 15Investor sentiment improves as stock rises 17%After last week's 17% share price gain to CN¥6.25, the stock trades at a trailing P/E ratio of 16.4x. Average trailing P/E is 18x in the Logistics industry in China. Total loss to shareholders of 2.2% over the past three years.分析記事 • Nov 01Solid Earnings May Not Tell The Whole Story For CMST DevelopmentLtd (SHSE:600787)The recent earnings posted by CMST Development Co.,Ltd. ( SHSE:600787 ) were solid, but the stock didn't move as much...Reported Earnings • Oct 26Third quarter 2024 earnings released: EPS: CN¥0.003 (vs CN¥0.07 in 3Q 2023)Third quarter 2024 results: EPS: CN¥0.003 (down from CN¥0.07 in 3Q 2023). Revenue: CN¥16.8b (up 1.8% from 3Q 2023). Net income: CN¥7.15m (down 95% from 3Q 2023). Profit margin: 0% (down from 0.9% in 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 9% per year whereas the company’s share price has fallen by 5% per year.分析記事 • Oct 23CMST Development Co.,Ltd.'s (SHSE:600787) Prospects Need A Boost To Lift SharesCMST Development Co.,Ltd.'s ( SHSE:600787 ) price-to-earnings (or "P/E") ratio of 11.8x might make it look like a...お知らせ • Sep 30CMST Development Co.,Ltd. to Report Q3, 2024 Results on Oct 26, 2024CMST Development Co.,Ltd. announced that they will report Q3, 2024 results on Oct 26, 2024Valuation Update With 7 Day Price Move • Sep 30Investor sentiment improves as stock rises 21%After last week's 21% share price gain to CN¥5.32, the stock trades at a trailing P/E ratio of 11.9x. Average trailing P/E is 19x in the Logistics industry in China. Negligible returns to shareholders over past three years.分析記事 • Sep 27We Like These Underlying Return On Capital Trends At CMST DevelopmentLtd (SHSE:600787)If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. One common...Reported Earnings • Aug 31Second quarter 2024 earnings released: EPS: CN¥0.048 (vs CN¥0.046 in 2Q 2023)Second quarter 2024 results: EPS: CN¥0.048 (up from CN¥0.046 in 2Q 2023). Revenue: CN¥16.5b (down 11% from 2Q 2023). Net income: CN¥103.7m (up 1.9% from 2Q 2023). Profit margin: 0.6% (up from 0.5% in 2Q 2023). Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has fallen by 14% per year, which means it is performing significantly worse than earnings.分析記事 • Aug 23A Look At The Fair Value Of CMST Development Co.,Ltd. (SHSE:600787)Key Insights CMST DevelopmentLtd's estimated fair value is CN¥3.77 based on 2 Stage Free Cash Flow to Equity Current...お知らせ • Jun 28CMST Development Co.,Ltd. to Report First Half, 2024 Results on Aug 30, 2024CMST Development Co.,Ltd. announced that they will report first half, 2024 results on Aug 30, 2024分析記事 • Jun 03We Like These Underlying Return On Capital Trends At CMST DevelopmentLtd (SHSE:600787)To find a multi-bagger stock, what are the underlying trends we should look for in a business? Ideally, a business will...Declared Dividend • Jun 01Dividend of CN¥0.13 announcedShareholders will receive a dividend of CN¥0.13. Ex-date: 6th June 2024 Payment date: 6th June 2024 Dividend yield will be 2.4%, which is higher than the industry average of 1.7%. Sustainability & Growth Dividend is well covered by both earnings (29% earnings payout ratio) and cash flows (23% cash payout ratio). The dividend has increased by an average of 18% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 15% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.分析記事 • Apr 25CMST DevelopmentLtd's (SHSE:600787) Shareholders May Want To Dig Deeper Than Statutory ProfitCMST Development Co.,Ltd. ( SHSE:600787 ) just released a solid earnings report, and the stock displayed some strength...Reported Earnings • Apr 20Full year 2023 earnings released: EPS: CN¥0.36 (vs CN¥0.29 in FY 2022)Full year 2023 results: EPS: CN¥0.36 (up from CN¥0.29 in FY 2022). Revenue: CN¥67.3b (down 12% from FY 2022). Net income: CN¥786.6m (up 23% from FY 2022). Profit margin: 1.2% (up from 0.8% in FY 2022). Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings.お知らせ • Apr 20CMST Development Co.,Ltd., Annual General Meeting, May 09, 2024CMST Development Co.,Ltd., Annual General Meeting, May 09, 2024, at 09:30 China Standard Time. Location: Tower A, Building 2, Yard No. 5, Fenghuangzui Street, Fengtai District, Beijing Chinaお知らせ • Mar 29CMST Development Co.,Ltd. to Report Q1, 2024 Results on Apr 27, 2024CMST Development Co.,Ltd. announced that they will report Q1, 2024 results on Apr 27, 2024分析記事 • Mar 06CMST Development Co.,Ltd.'s (SHSE:600787) Earnings Are Not Doing Enough For Some InvestorsWith a price-to-earnings (or "P/E") ratio of 20.3x CMST Development Co.,Ltd. ( SHSE:600787 ) may be sending bullish...Valuation Update With 7 Day Price Move • Jan 29Investor sentiment improves as stock rises 15%After last week's 15% share price gain to CN¥5.19, the stock trades at a trailing P/E ratio of 21.6x. Average trailing P/E is 22x in the Logistics industry in China. Total returns to shareholders of 22% over the past three years.Buy Or Sell Opportunity • Jan 25Now 22% overvaluedThe stock has been flat over the last 90 days, currently trading at CN¥5.08. The fair value is estimated to be CN¥4.18, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years, while earnings per share has been flat.お知らせ • Dec 29CMST Development Co.,Ltd. to Report Fiscal Year 2023 Results on Apr 19, 2024CMST Development Co.,Ltd. announced that they will report fiscal year 2023 results on Apr 19, 2024Reported Earnings • Oct 31Third quarter 2023 earnings released: EPS: CN¥0.07 (vs CN¥0.009 in 3Q 2022)Third quarter 2023 results: EPS: CN¥0.07 (up from CN¥0.009 in 3Q 2022). Revenue: CN¥16.5b (down 16% from 3Q 2022). Net income: CN¥151.3m (up CN¥131.0m from 3Q 2022). Profit margin: 0.9% (up from 0.1% in 3Q 2022). Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.Reported Earnings • Aug 28Second quarter 2023 earnings released: EPS: CN¥0.046 (vs CN¥0.054 in 2Q 2022)Second quarter 2023 results: EPS: CN¥0.046 (down from CN¥0.054 in 2Q 2022). Revenue: CN¥18.7b (down 19% from 2Q 2022). Net income: CN¥101.8m (down 13% from 2Q 2022). Profit margin: 0.5% (in line with 2Q 2022). Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.Reported Earnings • Apr 16Full year 2022 earnings released: EPS: CN¥0.30 (vs CN¥0.41 in FY 2021)Full year 2022 results: EPS: CN¥0.30 (down from CN¥0.41 in FY 2021). Revenue: CN¥76.8b (up 2.0% from FY 2021). Net income: CN¥640.5m (down 27% from FY 2021). Profit margin: 0.8% (down from 1.2% in FY 2021). Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Apr 06Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CN¥6.05, the stock trades at a trailing P/E ratio of 19.2x. Average trailing P/E is 21x in the Logistics industry in China. Total returns to shareholders of 36% over the past three years.Board Change • Nov 16Less 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, none were independent directors. The company's board is composed of: 4 independent directors. 6 non-independent directors. Independent Director Guanjiang Gao was the last independent director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.Reported Earnings • Oct 28Third quarter 2022 earnings released: EPS: CN¥0.009 (vs CN¥0.23 in 3Q 2021)Third quarter 2022 results: EPS: CN¥0.009 (down from CN¥0.23 in 3Q 2021). Revenue: CN¥19.8b (down 2.7% from 3Q 2021). Net income: CN¥20.3m (down 96% from 3Q 2021). Profit margin: 0.1% (down from 2.5% in 3Q 2021). Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.Reported Earnings • Aug 26Second quarter 2022 earnings released: EPS: CN¥0.054 (vs CN¥0.044 in 2Q 2021)Second quarter 2022 results: EPS: CN¥0.054 (up from CN¥0.044 in 2Q 2021). Revenue: CN¥22.9b (up 15% from 2Q 2021). Net income: CN¥116.4m (up 21% from 2Q 2021). Profit margin: 0.5% (in line with 2Q 2021). Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.Reported Earnings • Apr 28First quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behindFirst quarter 2022 results: EPS: CN¥0.15 (up from CN¥0.024 in 1Q 2021). Revenue: CN¥15.8b (up 20% from 1Q 2021). Net income: CN¥325.9m (up CN¥274.1m from 1Q 2021). Profit margin: 2.1% (up from 0.4% in 1Q 2021). Revenue exceeded analyst estimates by 32%. Earnings per share (EPS) missed analyst estimates by 52%. Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.Board Change • Apr 27Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 9 experienced directors. 3 highly experienced directors. 4 independent directors (6 non-independent directors). Independent Director Wen Hu Liu was the last independent director to join the board, commencing their role in 2003. 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 • Apr 12Investor sentiment improved over the past weekAfter last week's 21% share price gain to CN¥6.52, the stock trades at a trailing P/E ratio of 16.1x. Average trailing P/E is 24x in the Logistics industry in China. Total loss to shareholders of 6.7% over the past three years.Reported Earnings • Apr 01Full year 2021 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2021 results: EPS: CN¥0.41 (up from CN¥0.26 in FY 2020). Revenue: CN¥75.2b (up 54% from FY 2020). Net income: CN¥881.0m (up 55% from FY 2020). Profit margin: 1.2% (in line with FY 2020). Revenue exceeded analyst estimates by 32%. Earnings per share (EPS) missed analyst estimates by 52%. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings.Reported Earnings • Oct 26Third quarter 2021 earnings released: EPS CN¥0.23 (vs CN¥0.069 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: CN¥20.3b (up 49% from 3Q 2020). Net income: CN¥499.4m (up 234% from 3Q 2020). Profit margin: 2.5% (up from 1.1% in 3Q 2020). Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Sep 28Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to CN¥6.01, the stock trades at a trailing P/E ratio of 22x. Average trailing P/E is 24x in the Logistics industry in China. Total loss to shareholders of 12% over the past three years.Reported Earnings • Aug 27Second quarter 2021 earnings released: EPS CN¥0.044 (vs CN¥0.039 in 2Q 2020)The company reported a solid second quarter result with improved earnings and revenues, although profit margins were weaker. Second quarter 2021 results: Revenue: CN¥20.0b (up 63% from 2Q 2020). Net income: CN¥96.3m (up 13% from 2Q 2020). Profit margin: 0.5% (down from 0.7% 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 only fallen by 1% per year, which means it has not declined as severely as earnings.Valuation Update With 7 Day Price Move • Aug 20Investor sentiment improved over the past weekAfter last week's 21% share price gain to CN¥6.39, the stock trades at a trailing P/E ratio of 23.8x. Average trailing P/E is 22x in the Logistics industry in China. Total loss to shareholders of 3.1% over the past three years.Reported Earnings • May 02First quarter 2021 earnings released: EPS CN¥0.024 (vs CN¥0.017 in 1Q 2020)The company reported a solid first quarter result with improved earnings and revenues, although profit margins were weaker. First quarter 2021 results: Revenue: CN¥13.2b (up 78% from 1Q 2020). Net income: CN¥51.8m (up 41% from 1Q 2020). Profit margin: 0.4% (down from 0.5% in 1Q 2020). Over the last 3 years on average, earnings per share has fallen by 36% per year but the company’s share price has only fallen by 16% per year, which means it has not declined as severely as earnings.Valuation Update With 7 Day Price Move • Apr 16Investor sentiment improved over the past weekAfter last week's 17% share price gain to CN¥5.86, the stock trades at a trailing P/E ratio of 22.4x. Average trailing P/E is 26x in the Logistics industry in China. Total loss to shareholders of 38% over the past three years.Reported Earnings • Apr 10Full year 2020 earnings released: EPS CN¥0.26 (vs CN¥0.13 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: CN¥48.8b (up 21% from FY 2019). Net income: CN¥566.8m (up 103% from FY 2019). Profit margin: 1.2% (up from 0.7% in FY 2019). Over the last 3 years on average, earnings per share has fallen by 50% per year but the company’s share price has only fallen by 19% per year, which means it has not declined as severely as earnings.お知らせ • Jan 22CMST Development Co.,Ltd. to Report Fiscal Year 2020 Results on Mar 20, 2021CMST Development Co.,Ltd. announced that they will report fiscal year 2020 results on Mar 20, 2021Is New 90 Day High Low • Jan 05New 90-day high: CN¥4.96The company is up 8.0% from its price of CN¥4.61 on 30 September 2020. The Chinese market is up 10.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Logistics industry, which is up 3.0% over the same period.お知らせ • Nov 26Henan Lechu Logistics Service Co., Ltd. acquired 90% stake in Pingdingshan Chengchu Logistics Co., Ltd. from CMST Development Co.,Ltd. (SHSE:600787) for approximately CNY 200 million.Henan Lechu Logistics Service Co., Ltd. acquired 90% stake in Pingdingshan Chengchu Logistics Co., Ltd. from CMST Development Co.,Ltd. (SHSE:600787) for approximately CNY 200 million on November 23, 2020. The transaction has been deliberated and approved at the thirty seventh meeting of the eighth directorate. Henan Lechu Logistics Service Co., Ltd. completed the acquisition of 90% stake in Pingdingshan Chengchu Logistics Co., Ltd. from CMST Development Co.,Ltd. (SHSE:600787) on November 23, 2020.Reported Earnings • Nov 01Third quarter earnings releasedOver the last 12 months the company has reported total profits of CN¥287.4m, down 57% from the prior year. Total revenue was CN¥40.4b over the last 12 months, up 1.3% from the prior year.お知らせ • Oct 29CMST Development Co.,Ltd. to Report Q3, 2020 Results on Oct 31, 2020CMST Development Co.,Ltd. announced that they will report Q3, 2020 results on Oct 31, 2020Is New 90 Day High Low • Oct 26New 90-day low: CN¥4.60The company is down 7.0% from its price of CN¥4.94 on 28 July 2020. The Chinese market is up 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Logistics industry, which is up 13% over the same period.Is New 90 Day High Low • Oct 01New 90-day low: CN¥4.61The company is down 1.0% from its price of CN¥4.66 on 03 July 2020. The Chinese market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Logistics industry, which is up 21% over the same period.お知らせ • Jul 17CMST Development Co.,Ltd. to Report First Half, 2020 Results on Aug 29, 2020CMST Development Co.,Ltd. announced that they will report first half, 2020 results on Aug 29, 2020収支内訳CMST DevelopmentLtd 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SHSE:600787 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 2672,1425411,01611431 Dec 2567,6855461,00211730 Sep 2564,05749591911530 Jun 2562,73048490211831 Mar 2563,34927090912031 Dec 2463,89146689212030 Sep 2465,01287480311530 Jun 2464,5521,00782010631 Mar 2466,36897282710431 Dec 2367,2667878379530 Sep 2368,2955199438530 Jun 2371,5073889158331 Mar 2375,7864039067331 Dec 2276,7766409176930 Sep 2280,3217236894230 Jun 2280,8671,2058494031 Mar 2277,8781,1898483931 Dec 2175,2389208553030 Sep 2168,9889661,0523430 Jun 2162,3496139092131 Mar 2154,6055988741231 Dec 2048,8305788341030 Sep 2040,3872879791930 Jun 2038,6282379251731 Mar 2037,8442889241631 Dec 1940,3722809571630 Sep 1939,8616687911330 Jun 1937,8995558041331 Mar 1936,7904828071431 Dec 1834,0324787661330 Sep 1835,7542018101030 Jun 1834,6431,329820931 Mar 1834,7351,342827831 Dec 1733,1331,347836830 Sep 1730,3991,557887130 Jun 1724,850463800031 Mar 1717,905568755031 Dec 1615,293767711030 Sep 1614,789691586030 Jun 1615,744691568031 Mar 1617,406874550031 Dec 1517,789667538030 Sep 1517,800512501030 Jun 1518,0645285130質の高い収益: 600787にはCN¥867.7M } という大きな 一回限りの 利益があり、過去 12 か月の財務実績が31st March, 2026に影響を及ぼしています。利益率の向上: 600787の現在の純利益率 (0.7%)は、昨年(0.4%)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: 600787の収益は過去 5 年間で年間10.4%減少しました。成長の加速: 600787の過去 1 年間の収益成長率 ( 100.3% ) は、5 年間の平均 ( 年間-10.4%を上回っています。収益対業界: 600787の過去 1 年間の収益成長率 ( 100.3% ) はLogistics業界8.7%を上回りました。株主資本利益率高いROE: 600787の 自己資本利益率 ( 3.9% ) 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7D1Y7D1Y7D1YTransportation 、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2026/05/24 05:11終値2026/05/22 00:00収益2026/03/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋CMST Development Co.,Ltd. 0 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。4 アナリスト機関You You LiuChina Stock Investment Research Co. Ltd. (GZ500..com)Cong Jun XieCitic Securities Co., Ltd.Xiaofeng ShenHuatai Research1 その他のアナリストを表示
Reported Earnings • Mar 31Full year 2025 earnings released: EPS: CN¥0.25 (vs CN¥0.18 in FY 2024)Full year 2025 results: EPS: CN¥0.25 (up from CN¥0.18 in FY 2024). Revenue: CN¥67.7b (up 7.2% from FY 2024). Net income: CN¥545.5m (up 35% from FY 2024). Profit margin: 0.8% (up from 0.6% in FY 2024). Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings.
お知らせ • Mar 30CMST Development Co.,Ltd. to Report Q1, 2026 Results on Apr 30, 2026CMST Development Co.,Ltd. announced that they will report Q1, 2026 results on Apr 30, 2026
お知らせ • Dec 26CMST Development Co.,Ltd. to Report Fiscal Year 2025 Results on Apr 17, 2026CMST Development Co.,Ltd. announced that they will report fiscal year 2025 results on Apr 17, 2026
Reported Earnings • Oct 30Third quarter 2025 earnings released: EPS: CN¥0.014 (vs CN¥0.003 in 3Q 2024)Third quarter 2025 results: EPS: CN¥0.014 (up from CN¥0.003 in 3Q 2024). Revenue: CN¥18.3b (up 8.8% from 3Q 2024). Net income: CN¥29.4m (up 311% from 3Q 2024). Profit margin: 0.2% (up from 0% in 3Q 2024). 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.
お知らせ • Sep 30CMST Development Co.,Ltd. to Report Q3, 2025 Results on Oct 30, 2025CMST Development Co.,Ltd. announced that they will report Q3, 2025 results on Oct 30, 2025
Reported Earnings • Sep 04Second quarter 2025 earnings released: EPS: CN¥0.16 (vs CN¥0.048 in 2Q 2024)Second quarter 2025 results: EPS: CN¥0.16 (up from CN¥0.048 in 2Q 2024). Revenue: CN¥16.2b (down 1.8% from 2Q 2024). Net income: CN¥350.7m (up 238% from 2Q 2024). Profit margin: 2.2% (up from 0.6% in 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings.
Reported Earnings • Mar 31Full year 2025 earnings released: EPS: CN¥0.25 (vs CN¥0.18 in FY 2024)Full year 2025 results: EPS: CN¥0.25 (up from CN¥0.18 in FY 2024). Revenue: CN¥67.7b (up 7.2% from FY 2024). Net income: CN¥545.5m (up 35% from FY 2024). Profit margin: 0.8% (up from 0.6% in FY 2024). Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings.
お知らせ • Mar 31CMST Development Co.,Ltd., Annual General Meeting, Apr 29, 2026CMST Development Co.,Ltd., Annual General Meeting, Apr 29, 2026, at 09:30 China Standard Time. Location: Tower A, Building 2, Yard No. 5, Fenghuangzui Street, Fengtai District, Beijing China
お知らせ • Mar 30CMST Development Co.,Ltd. to Report Q1, 2026 Results on Apr 30, 2026CMST Development Co.,Ltd. announced that they will report Q1, 2026 results on Apr 30, 2026
お知らせ • Dec 26CMST Development Co.,Ltd. to Report Fiscal Year 2025 Results on Apr 17, 2026CMST Development Co.,Ltd. announced that they will report fiscal year 2025 results on Apr 17, 2026
Reported Earnings • Oct 30Third quarter 2025 earnings released: EPS: CN¥0.014 (vs CN¥0.003 in 3Q 2024)Third quarter 2025 results: EPS: CN¥0.014 (up from CN¥0.003 in 3Q 2024). Revenue: CN¥18.3b (up 8.8% from 3Q 2024). Net income: CN¥29.4m (up 311% from 3Q 2024). Profit margin: 0.2% (up from 0% in 3Q 2024). 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.
お知らせ • Sep 30CMST Development Co.,Ltd. to Report Q3, 2025 Results on Oct 30, 2025CMST Development Co.,Ltd. announced that they will report Q3, 2025 results on Oct 30, 2025
Reported Earnings • Sep 04Second quarter 2025 earnings released: EPS: CN¥0.16 (vs CN¥0.048 in 2Q 2024)Second quarter 2025 results: EPS: CN¥0.16 (up from CN¥0.048 in 2Q 2024). Revenue: CN¥16.2b (down 1.8% from 2Q 2024). Net income: CN¥350.7m (up 238% from 2Q 2024). Profit margin: 2.2% (up from 0.6% in 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings.
お知らせ • Jun 30CMST Development Co.,Ltd. to Report First Half, 2025 Results on Aug 30, 2025CMST Development Co.,Ltd. announced that they will report first half, 2025 results on Aug 30, 2025
Declared Dividend • May 29Dividend reduced to CN¥0.07Dividend of CN¥0.07 is 45% lower than last year. Ex-date: 5th June 2025 Payment date: 5th June 2025 Dividend yield will be 1.2%, which is lower than the industry average of 1.7%. Sustainability & Growth Dividend is covered by both earnings (79% earnings payout ratio) and cash flows (15% cash payout ratio). The dividend has increased by an average of 11% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to decline by 12% to shift the payout ratio to a potentially unsustainable range, which is more than the 7.7% EPS decline seen over the last 5 years.
New Risk • Apr 22New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 0.6% Last year net profit margin: 1.2% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.6% net profit margin).
お知らせ • Apr 20CMST Development Co.,Ltd., Annual General Meeting, May 09, 2025CMST Development Co.,Ltd., Annual General Meeting, May 09, 2025, at 09:30 China Standard Time. Location: Tower A, Building 2, Yard No. 5, Fenghuangzui Street, Fengtai District, Beijing China
Valuation Update With 7 Day Price Move • Apr 14Investor sentiment improves as stock rises 23%After last week's 23% share price gain to CN¥6.69, the stock trades at a trailing P/E ratio of 17.5x. Average trailing P/E is 20x in the Logistics industry in China. Total returns to shareholders of 24% over the past three years.
分析記事 • Apr 02CMST Development Co.,Ltd.'s (SHSE:600787) Shares Lagging The Market But So Is The BusinessWhen close to half the companies in China have price-to-earnings ratios (or "P/E's") above 38x, you may consider CMST...
お知らせ • Mar 28CMST Development Co.,Ltd. to Report Q1, 2025 Results on Apr 26, 2025CMST Development Co.,Ltd. announced that they will report Q1, 2025 results on Apr 26, 2025
分析記事 • Feb 28CMST DevelopmentLtd (SHSE:600787) Shareholders Will Want The ROCE Trajectory To ContinueIf you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...
New Risk • Feb 04New 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 11% 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 (11% average weekly change). Minor Risks Dividend is not well covered by cash flows (114% cash payout ratio). Large one-off items impacting financial results.
分析記事 • Dec 29Is CMST DevelopmentLtd (SHSE:600787) A Risky Investment?Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
お知らせ • Dec 27CMST Development Co.,Ltd. to Report Fiscal Year 2024 Results on Apr 19, 2025CMST Development Co.,Ltd. announced that they will report fiscal year 2024 results on Apr 19, 2025
分析記事 • Dec 08CMST Development Co.,Ltd.'s (SHSE:600787) Price Is Right But Growth Is Lacking After Shares Rocket 38%Despite an already strong run, CMST Development Co.,Ltd. ( SHSE:600787 ) shares have been powering on, with a gain of...
New Risk • Dec 04New 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 11% 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: Minor Risks Dividend is not well covered by cash flows (114% cash payout ratio). Share price has been volatile over the past 3 months (11% average weekly change). Large one-off items impacting financial results.
Valuation Update With 7 Day Price Move • Nov 30Investor sentiment improves as stock rises 27%After last week's 27% share price gain to CN¥8.82, the stock trades at a trailing P/E ratio of 23.1x. Average trailing P/E is 19x in the Logistics industry in China. Total returns to shareholders of 55% over the past three years.
Valuation Update With 7 Day Price Move • Nov 15Investor sentiment improves as stock rises 17%After last week's 17% share price gain to CN¥6.25, the stock trades at a trailing P/E ratio of 16.4x. Average trailing P/E is 18x in the Logistics industry in China. Total loss to shareholders of 2.2% over the past three years.
分析記事 • Nov 01Solid Earnings May Not Tell The Whole Story For CMST DevelopmentLtd (SHSE:600787)The recent earnings posted by CMST Development Co.,Ltd. ( SHSE:600787 ) were solid, but the stock didn't move as much...
Reported Earnings • Oct 26Third quarter 2024 earnings released: EPS: CN¥0.003 (vs CN¥0.07 in 3Q 2023)Third quarter 2024 results: EPS: CN¥0.003 (down from CN¥0.07 in 3Q 2023). Revenue: CN¥16.8b (up 1.8% from 3Q 2023). Net income: CN¥7.15m (down 95% from 3Q 2023). Profit margin: 0% (down from 0.9% in 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 9% per year whereas the company’s share price has fallen by 5% per year.
分析記事 • Oct 23CMST Development Co.,Ltd.'s (SHSE:600787) Prospects Need A Boost To Lift SharesCMST Development Co.,Ltd.'s ( SHSE:600787 ) price-to-earnings (or "P/E") ratio of 11.8x might make it look like a...
お知らせ • Sep 30CMST Development Co.,Ltd. to Report Q3, 2024 Results on Oct 26, 2024CMST Development Co.,Ltd. announced that they will report Q3, 2024 results on Oct 26, 2024
Valuation Update With 7 Day Price Move • Sep 30Investor sentiment improves as stock rises 21%After last week's 21% share price gain to CN¥5.32, the stock trades at a trailing P/E ratio of 11.9x. Average trailing P/E is 19x in the Logistics industry in China. Negligible returns to shareholders over past three years.
分析記事 • Sep 27We Like These Underlying Return On Capital Trends At CMST DevelopmentLtd (SHSE:600787)If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. One common...
Reported Earnings • Aug 31Second quarter 2024 earnings released: EPS: CN¥0.048 (vs CN¥0.046 in 2Q 2023)Second quarter 2024 results: EPS: CN¥0.048 (up from CN¥0.046 in 2Q 2023). Revenue: CN¥16.5b (down 11% from 2Q 2023). Net income: CN¥103.7m (up 1.9% from 2Q 2023). Profit margin: 0.6% (up from 0.5% in 2Q 2023). Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has fallen by 14% per year, which means it is performing significantly worse than earnings.
分析記事 • Aug 23A Look At The Fair Value Of CMST Development Co.,Ltd. (SHSE:600787)Key Insights CMST DevelopmentLtd's estimated fair value is CN¥3.77 based on 2 Stage Free Cash Flow to Equity Current...
お知らせ • Jun 28CMST Development Co.,Ltd. to Report First Half, 2024 Results on Aug 30, 2024CMST Development Co.,Ltd. announced that they will report first half, 2024 results on Aug 30, 2024
分析記事 • Jun 03We Like These Underlying Return On Capital Trends At CMST DevelopmentLtd (SHSE:600787)To find a multi-bagger stock, what are the underlying trends we should look for in a business? Ideally, a business will...
Declared Dividend • Jun 01Dividend of CN¥0.13 announcedShareholders will receive a dividend of CN¥0.13. Ex-date: 6th June 2024 Payment date: 6th June 2024 Dividend yield will be 2.4%, which is higher than the industry average of 1.7%. Sustainability & Growth Dividend is well covered by both earnings (29% earnings payout ratio) and cash flows (23% cash payout ratio). The dividend has increased by an average of 18% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 15% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
分析記事 • Apr 25CMST DevelopmentLtd's (SHSE:600787) Shareholders May Want To Dig Deeper Than Statutory ProfitCMST Development Co.,Ltd. ( SHSE:600787 ) just released a solid earnings report, and the stock displayed some strength...
Reported Earnings • Apr 20Full year 2023 earnings released: EPS: CN¥0.36 (vs CN¥0.29 in FY 2022)Full year 2023 results: EPS: CN¥0.36 (up from CN¥0.29 in FY 2022). Revenue: CN¥67.3b (down 12% from FY 2022). Net income: CN¥786.6m (up 23% from FY 2022). Profit margin: 1.2% (up from 0.8% in FY 2022). Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings.
お知らせ • Apr 20CMST Development Co.,Ltd., Annual General Meeting, May 09, 2024CMST Development Co.,Ltd., Annual General Meeting, May 09, 2024, at 09:30 China Standard Time. Location: Tower A, Building 2, Yard No. 5, Fenghuangzui Street, Fengtai District, Beijing China
お知らせ • Mar 29CMST Development Co.,Ltd. to Report Q1, 2024 Results on Apr 27, 2024CMST Development Co.,Ltd. announced that they will report Q1, 2024 results on Apr 27, 2024
分析記事 • Mar 06CMST Development Co.,Ltd.'s (SHSE:600787) Earnings Are Not Doing Enough For Some InvestorsWith a price-to-earnings (or "P/E") ratio of 20.3x CMST Development Co.,Ltd. ( SHSE:600787 ) may be sending bullish...
Valuation Update With 7 Day Price Move • Jan 29Investor sentiment improves as stock rises 15%After last week's 15% share price gain to CN¥5.19, the stock trades at a trailing P/E ratio of 21.6x. Average trailing P/E is 22x in the Logistics industry in China. Total returns to shareholders of 22% over the past three years.
Buy Or Sell Opportunity • Jan 25Now 22% overvaluedThe stock has been flat over the last 90 days, currently trading at CN¥5.08. The fair value is estimated to be CN¥4.18, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years, while earnings per share has been flat.
お知らせ • Dec 29CMST Development Co.,Ltd. to Report Fiscal Year 2023 Results on Apr 19, 2024CMST Development Co.,Ltd. announced that they will report fiscal year 2023 results on Apr 19, 2024
Reported Earnings • Oct 31Third quarter 2023 earnings released: EPS: CN¥0.07 (vs CN¥0.009 in 3Q 2022)Third quarter 2023 results: EPS: CN¥0.07 (up from CN¥0.009 in 3Q 2022). Revenue: CN¥16.5b (down 16% from 3Q 2022). Net income: CN¥151.3m (up CN¥131.0m from 3Q 2022). Profit margin: 0.9% (up from 0.1% in 3Q 2022). Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.
Reported Earnings • Aug 28Second quarter 2023 earnings released: EPS: CN¥0.046 (vs CN¥0.054 in 2Q 2022)Second quarter 2023 results: EPS: CN¥0.046 (down from CN¥0.054 in 2Q 2022). Revenue: CN¥18.7b (down 19% from 2Q 2022). Net income: CN¥101.8m (down 13% from 2Q 2022). Profit margin: 0.5% (in line with 2Q 2022). Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Apr 16Full year 2022 earnings released: EPS: CN¥0.30 (vs CN¥0.41 in FY 2021)Full year 2022 results: EPS: CN¥0.30 (down from CN¥0.41 in FY 2021). Revenue: CN¥76.8b (up 2.0% from FY 2021). Net income: CN¥640.5m (down 27% from FY 2021). Profit margin: 0.8% (down from 1.2% in FY 2021). Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Apr 06Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CN¥6.05, the stock trades at a trailing P/E ratio of 19.2x. Average trailing P/E is 21x in the Logistics industry in China. Total returns to shareholders of 36% over the past three years.
Board Change • Nov 16Less 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, none were independent directors. The company's board is composed of: 4 independent directors. 6 non-independent directors. Independent Director Guanjiang Gao was the last independent director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.
Reported Earnings • Oct 28Third quarter 2022 earnings released: EPS: CN¥0.009 (vs CN¥0.23 in 3Q 2021)Third quarter 2022 results: EPS: CN¥0.009 (down from CN¥0.23 in 3Q 2021). Revenue: CN¥19.8b (down 2.7% from 3Q 2021). Net income: CN¥20.3m (down 96% from 3Q 2021). Profit margin: 0.1% (down from 2.5% in 3Q 2021). Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.
Reported Earnings • Aug 26Second quarter 2022 earnings released: EPS: CN¥0.054 (vs CN¥0.044 in 2Q 2021)Second quarter 2022 results: EPS: CN¥0.054 (up from CN¥0.044 in 2Q 2021). Revenue: CN¥22.9b (up 15% from 2Q 2021). Net income: CN¥116.4m (up 21% from 2Q 2021). Profit margin: 0.5% (in line with 2Q 2021). Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.
Reported Earnings • Apr 28First quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behindFirst quarter 2022 results: EPS: CN¥0.15 (up from CN¥0.024 in 1Q 2021). Revenue: CN¥15.8b (up 20% from 1Q 2021). Net income: CN¥325.9m (up CN¥274.1m from 1Q 2021). Profit margin: 2.1% (up from 0.4% in 1Q 2021). Revenue exceeded analyst estimates by 32%. Earnings per share (EPS) missed analyst estimates by 52%. Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.
Board Change • Apr 27Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 9 experienced directors. 3 highly experienced directors. 4 independent directors (6 non-independent directors). Independent Director Wen Hu Liu was the last independent director to join the board, commencing their role in 2003. 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 • Apr 12Investor sentiment improved over the past weekAfter last week's 21% share price gain to CN¥6.52, the stock trades at a trailing P/E ratio of 16.1x. Average trailing P/E is 24x in the Logistics industry in China. Total loss to shareholders of 6.7% over the past three years.
Reported Earnings • Apr 01Full year 2021 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2021 results: EPS: CN¥0.41 (up from CN¥0.26 in FY 2020). Revenue: CN¥75.2b (up 54% from FY 2020). Net income: CN¥881.0m (up 55% from FY 2020). Profit margin: 1.2% (in line with FY 2020). Revenue exceeded analyst estimates by 32%. Earnings per share (EPS) missed analyst estimates by 52%. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings.
Reported Earnings • Oct 26Third quarter 2021 earnings released: EPS CN¥0.23 (vs CN¥0.069 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: CN¥20.3b (up 49% from 3Q 2020). Net income: CN¥499.4m (up 234% from 3Q 2020). Profit margin: 2.5% (up from 1.1% in 3Q 2020). Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Sep 28Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to CN¥6.01, the stock trades at a trailing P/E ratio of 22x. Average trailing P/E is 24x in the Logistics industry in China. Total loss to shareholders of 12% over the past three years.
Reported Earnings • Aug 27Second quarter 2021 earnings released: EPS CN¥0.044 (vs CN¥0.039 in 2Q 2020)The company reported a solid second quarter result with improved earnings and revenues, although profit margins were weaker. Second quarter 2021 results: Revenue: CN¥20.0b (up 63% from 2Q 2020). Net income: CN¥96.3m (up 13% from 2Q 2020). Profit margin: 0.5% (down from 0.7% 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 only fallen by 1% per year, which means it has not declined as severely as earnings.
Valuation Update With 7 Day Price Move • Aug 20Investor sentiment improved over the past weekAfter last week's 21% share price gain to CN¥6.39, the stock trades at a trailing P/E ratio of 23.8x. Average trailing P/E is 22x in the Logistics industry in China. Total loss to shareholders of 3.1% over the past three years.
Reported Earnings • May 02First quarter 2021 earnings released: EPS CN¥0.024 (vs CN¥0.017 in 1Q 2020)The company reported a solid first quarter result with improved earnings and revenues, although profit margins were weaker. First quarter 2021 results: Revenue: CN¥13.2b (up 78% from 1Q 2020). Net income: CN¥51.8m (up 41% from 1Q 2020). Profit margin: 0.4% (down from 0.5% in 1Q 2020). Over the last 3 years on average, earnings per share has fallen by 36% per year but the company’s share price has only fallen by 16% per year, which means it has not declined as severely as earnings.
Valuation Update With 7 Day Price Move • Apr 16Investor sentiment improved over the past weekAfter last week's 17% share price gain to CN¥5.86, the stock trades at a trailing P/E ratio of 22.4x. Average trailing P/E is 26x in the Logistics industry in China. Total loss to shareholders of 38% over the past three years.
Reported Earnings • Apr 10Full year 2020 earnings released: EPS CN¥0.26 (vs CN¥0.13 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: CN¥48.8b (up 21% from FY 2019). Net income: CN¥566.8m (up 103% from FY 2019). Profit margin: 1.2% (up from 0.7% in FY 2019). Over the last 3 years on average, earnings per share has fallen by 50% per year but the company’s share price has only fallen by 19% per year, which means it has not declined as severely as earnings.
お知らせ • Jan 22CMST Development Co.,Ltd. to Report Fiscal Year 2020 Results on Mar 20, 2021CMST Development Co.,Ltd. announced that they will report fiscal year 2020 results on Mar 20, 2021
Is New 90 Day High Low • Jan 05New 90-day high: CN¥4.96The company is up 8.0% from its price of CN¥4.61 on 30 September 2020. The Chinese market is up 10.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Logistics industry, which is up 3.0% over the same period.
お知らせ • Nov 26Henan Lechu Logistics Service Co., Ltd. acquired 90% stake in Pingdingshan Chengchu Logistics Co., Ltd. from CMST Development Co.,Ltd. (SHSE:600787) for approximately CNY 200 million.Henan Lechu Logistics Service Co., Ltd. acquired 90% stake in Pingdingshan Chengchu Logistics Co., Ltd. from CMST Development Co.,Ltd. (SHSE:600787) for approximately CNY 200 million on November 23, 2020. The transaction has been deliberated and approved at the thirty seventh meeting of the eighth directorate. Henan Lechu Logistics Service Co., Ltd. completed the acquisition of 90% stake in Pingdingshan Chengchu Logistics Co., Ltd. from CMST Development Co.,Ltd. (SHSE:600787) on November 23, 2020.
Reported Earnings • Nov 01Third quarter earnings releasedOver the last 12 months the company has reported total profits of CN¥287.4m, down 57% from the prior year. Total revenue was CN¥40.4b over the last 12 months, up 1.3% from the prior year.
お知らせ • Oct 29CMST Development Co.,Ltd. to Report Q3, 2020 Results on Oct 31, 2020CMST Development Co.,Ltd. announced that they will report Q3, 2020 results on Oct 31, 2020
Is New 90 Day High Low • Oct 26New 90-day low: CN¥4.60The company is down 7.0% from its price of CN¥4.94 on 28 July 2020. The Chinese market is up 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Logistics industry, which is up 13% over the same period.
Is New 90 Day High Low • Oct 01New 90-day low: CN¥4.61The company is down 1.0% from its price of CN¥4.66 on 03 July 2020. The Chinese market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Logistics industry, which is up 21% over the same period.
お知らせ • Jul 17CMST Development Co.,Ltd. to Report First Half, 2020 Results on Aug 29, 2020CMST Development Co.,Ltd. announced that they will report first half, 2020 results on Aug 29, 2020