Dongguan Development (Holdings)（000828）株式概要東莞発展（控股）有限公司 詳細000828 ファンダメンタル分析スノーフレーク・スコア評価4/6将来の成長0/6過去の実績4/6財務の健全性5/6配当金5/6報酬当社が推定した公正価値より80.5%で取引されている 過去1年間で収益は16.8%増加しました リスク分析過去5年間で収益は年間3.2%減少しました。 不安定な配当実績 すべてのリスクチェックを見る000828 Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.NEW480,107 membersJoin community and earn perksGain real feedbackFrom our editorial team, personally. Not silence.Grow your followingReal investors. The kind who actually invest, not scroll past.Unlock free accessFree premium subscription for consistent and quality authors.Learn moreCreate NarrativeBLINRODA480,107 investors already sharing narrativesYour Fair ValueCN¥Current PriceCN¥9.94236.9% 割高 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture05b2016201920222025202620282031Revenue CN¥637.3mEarnings CN¥367.5mAdvancedSet Fair ValueView all narrativesDongguan Development (Holdings) Co., Ltd. 競合他社Xiandai InvestmentLtdSymbol: SZSE:000900Market cap: CN¥5.6bJiangxi Ganyue ExpresswayLTDSymbol: SHSE:600269Market cap: CN¥9.3bChina Railway MaterialsSymbol: SZSE:000927Market cap: CN¥14.9bFujian Expressway DevelopmentLtdSymbol: SHSE:600033Market cap: CN¥9.7b価格と性能株価の高値、安値、推移の概要Dongguan Development (Holdings)過去の株価現在の株価CN¥9.9452週高値CN¥12.5952週安値CN¥9.15ベータ0.601ヶ月の変化-0.40%3ヶ月変化-1.78%1年変化-12.42%3年間の変化4.63%5年間の変化-6.05%IPOからの変化-17.30%最新ニュースお知らせ • Jun 30Dongguan Development (Holdings) Co., Ltd. to Report First Half, 2026 Results on Aug 20, 2026Dongguan Development (Holdings) Co., Ltd. announced that they will report first half, 2026 results on Aug 20, 2026Board Change • May 20Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 10 experienced directors. No highly experienced directors. Chairman of the Supervisory Board Huiming Huang was the last director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.お知らせ • Mar 31Dongguan Development (Holdings) Co., Ltd. to Report Q1, 2026 Results on Apr 27, 2026Dongguan Development (Holdings) Co., Ltd. announced that they will report Q1, 2026 results on Apr 27, 2026お知らせ • Mar 28Dongguan Development (Holdings) Co., Ltd., Annual General Meeting, Apr 17, 2026Dongguan Development (Holdings) Co., Ltd., Annual General Meeting, Apr 17, 2026, at 15:00 China Standard Time. Location: 37F, Rail Transit Building, Nancheng Subdistrict, Dongguan, Guangdong Chinaお知らせ • Dec 31Dongguan Development (Holdings) Co., Ltd. to Report Fiscal Year 2025 Results on Mar 28, 2026Dongguan Development (Holdings) Co., Ltd. announced that they will report fiscal year 2025 results on Mar 28, 2026お知らせ • Sep 30Dongguan Development (Holdings) Co., Ltd. to Report Q3, 2025 Results on Oct 30, 2025Dongguan Development (Holdings) Co., Ltd. announced that they will report Q3, 2025 results on Oct 30, 2025最新情報をもっと見るRecent updatesお知らせ • Jun 30Dongguan Development (Holdings) Co., Ltd. to Report First Half, 2026 Results on Aug 20, 2026Dongguan Development (Holdings) Co., Ltd. announced that they will report first half, 2026 results on Aug 20, 2026Board Change • May 20Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 10 experienced directors. No highly experienced directors. Chairman of the Supervisory Board Huiming Huang was the last director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.お知らせ • Mar 31Dongguan Development (Holdings) Co., Ltd. to Report Q1, 2026 Results on Apr 27, 2026Dongguan Development (Holdings) Co., Ltd. announced that they will report Q1, 2026 results on Apr 27, 2026お知らせ • Mar 28Dongguan Development (Holdings) Co., Ltd., Annual General Meeting, Apr 17, 2026Dongguan Development (Holdings) Co., Ltd., Annual General Meeting, Apr 17, 2026, at 15:00 China Standard Time. Location: 37F, Rail Transit Building, Nancheng Subdistrict, Dongguan, Guangdong Chinaお知らせ • Dec 31Dongguan Development (Holdings) Co., Ltd. to Report Fiscal Year 2025 Results on Mar 28, 2026Dongguan Development (Holdings) Co., Ltd. announced that they will report fiscal year 2025 results on Mar 28, 2026お知らせ • Sep 30Dongguan Development (Holdings) Co., Ltd. to Report Q3, 2025 Results on Oct 30, 2025Dongguan Development (Holdings) Co., Ltd. announced that they will report Q3, 2025 results on Oct 30, 2025お知らせ • Aug 27Dongguan Development (Holdings) Co., Ltd. Proposes Interim Cash Dividend for the Year 2025Dongguan Development (Holdings) Co., Ltd. at its Extraordinary General Meeting to be on 11 September 2025, proposed interim cash dividend/10 shares (tax included) of CNY 1.50000000 for the year 2025.お知らせ • Jul 02Dongguan Development (Holdings) Co., Ltd. to Report First Half, 2025 Results on Aug 26, 2025Dongguan Development (Holdings) Co., Ltd. announced that they will report first half, 2025 results on Aug 26, 2025お知らせ • Apr 10Dongguan Development (Holdings) Co., Ltd. Proposes Final Cash Dividend for the Year 2024Dongguan Development (Holdings) Co., Ltd. announced on 08 April 2025 the profit distribution proposal for 2024 as follows: Final Cash dividend/10 shares (tax included): CNY 3.25000000.お知らせ • Apr 08Dongguan Development (Holdings) Co., Ltd., Annual General Meeting, Apr 28, 2025Dongguan Development (Holdings) Co., Ltd., Annual General Meeting, Apr 28, 2025, at 15:00 China Standard Time. Location: 37F, Rail Transit Building, Nancheng Subdistrict, Dongguan, Guangdong Chinaお知らせ • Mar 31Dongguan Development (Holdings) Co., Ltd. to Report Q1, 2025 Results on Apr 28, 2025Dongguan Development (Holdings) Co., Ltd. announced that they will report Q1, 2025 results on Apr 28, 2025お知らせ • Dec 31Dongguan Development (Holdings) Co., Ltd. to Report Fiscal Year 2024 Results on Mar 29, 2025Dongguan Development (Holdings) Co., Ltd. announced that they will report fiscal year 2024 results on Mar 29, 2025Reported Earnings • Oct 30Third quarter 2024 earnings released: EPS: CN¥0.28 (vs CN¥0.26 in 3Q 2023)Third quarter 2024 results: EPS: CN¥0.28 (up from CN¥0.26 in 3Q 2023). Revenue: CN¥497.5m (down 67% from 3Q 2023). Net income: CN¥284.9m (flat on 3Q 2023). Profit margin: 57% (up from 19% in 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.Valuation Update With 7 Day Price Move • Oct 15Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to CN¥10.33, the stock trades at a trailing P/E ratio of 17.7x. Average trailing P/E is 15x in the Infrastructure industry in China. Total returns to shareholders of 9.5% over the past three years.お知らせ • Sep 30Dongguan Development (Holdings) Co., Ltd. to Report Q3, 2024 Results on Oct 30, 2024Dongguan Development (Holdings) Co., Ltd. announced that they will report Q3, 2024 results on Oct 30, 2024Valuation Update With 7 Day Price Move • Sep 27Investor sentiment improves as stock rises 15%After last week's 15% share price gain to CN¥10.11, the stock trades at a trailing P/E ratio of 17.8x. Average trailing P/E is 15x in the Infrastructure industry in China. Total returns to shareholders of 8.1% over the past three years.お知らせ • Sep 24Dongguan Development (Holdings) Co., Ltd. Announces Interim Cash Dividend on A Shares for 2024, Payable on 27 September 2024Dongguan Development (Holdings) Co., Ltd. announced interim cash dividend of CNY 1.50000000 per 10 A shares (tax included) for 2024. Record date: 26 September 2024. Ex-date: 27 September 2024. Payment date: 27 September 2024.お知らせ • Sep 13Dongguan Development (Holdings) Co., Ltd. Approves Interim Cash DividendDongguan Development (Holdings) Co., Ltd. held its 2nd Extraordinary General Meeting of 2024 on 11 September 2024, during which the following proposal(s) was/were approved: 2024 interim profit distribution plan. The detailed profit distribution plan is as; Cash dividend/10 shares (tax included): CNY 1.50000000.Reported Earnings • Aug 27Second quarter 2024 earnings released: EPS: CN¥0.037 (vs CN¥0.19 in 2Q 2023)Second quarter 2024 results: EPS: CN¥0.037 (down from CN¥0.19 in 2Q 2023). Revenue: CN¥447.7m (down 67% from 2Q 2023). Net income: CN¥39.2m (down 82% from 2Q 2023). Profit margin: 8.8% (down from 16% in 2Q 2023). Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings.お知らせ • Aug 24Dongguan Development (Holdings) Co., Ltd. (SZSE:000828) and Dongguan Financial Holdings Group Co.,Ltd. agreed to acquire an additional 20% stake in Dongguan Securities Co., Ltd. from Guangdong Golden Dragon Development Inc. (SZSE:000712) for CNY 2.3 billion.Dongguan Development (Holdings) Co., Ltd. (SZSE:000828) and Dongguan Financial Holdings Group Co.,Ltd. agreed to acquire an additional 20% stake in Dongguan Securities Co., Ltd. from Guangdong Golden Dragon Development Inc. (SZSE:000712) for CNY 2.3 billion on August 21, 2024. A cash consideration of CNY 2.27 billion valued at CNY 2271.7542 per share will be paid by Dongguan Development (Holdings) Co., Ltd. and Dongguan Financial Holdings Group Co.,Ltd. for 300 million shares. Upon completion, Dongguan Development (Holdings) Co., Ltd. will own 27.10% and Dongguan Financial Holdings Group Co.,Ltd. will own 32.90% stake in Dongguan Securities Co., Ltd. The transaction is subject to approval of offer by target shareholders. The deal has been approved by the board of Guangdong Golden Dragon Development.お知らせ • Aug 09Bank of Dongguan Co.,Ltd. completed the acquisition of 5% stake in Dongguan Chang'an Rural Bank Co., Ltd. from Dongguan Development (Holdings) Co., Ltd. (SZSE:000828).Bank of Dongguan Co.,Ltd. signed a letter of intent to acquire 5% stake in Dongguan Chang'an Rural Bank Co., Ltd. from Dongguan Development (Holdings) Co., Ltd. (SZSE:000828) for CNY 29 million on May 14, 2024. Bank of Dongguan Co.,Ltd. agreed to acquire 5% stake in Dongguan Chang'an Rural Bank Co., Ltd. from Dongguan Development (Holdings) Co., Ltd. (SZSE:000828) for CNY29 million on May 17, 2024. The consideration consists of CNY 29.11 million in cash. As part of the consideration, CNY 29.11 million was paid towards common equity. On April 7, 2024, Dongguan Development (Holdings) Co., Ltd. held the 28th meeting of the 8th Board of Directors and reviewed and approved the Proposal on Public bidding and Transfer of 5% Equity in Chang'an Rural Bank. Bank of Dongguan Co.,Ltd. completed the acquisition of 5% stake in Dongguan Chang'an Rural Bank Co., Ltd. from Dongguan Development (Holdings) Co., Ltd. (SZSE:000828) on August 7, 2024. The deal has been approved by financial regulatory authorities.お知らせ • Jun 29Dongguan Development (Holdings) Co., Ltd. to Report First Half, 2024 Results on Aug 27, 2024Dongguan Development (Holdings) Co., Ltd. announced that they will report first half, 2024 results on Aug 27, 2024お知らせ • May 25Dongguan Development (Holdings) Co., Ltd. Approves 2023 Final Profit Distribution on A Shares, Payable on 29 May 2024Dongguan Development (Holdings) Co., Ltd. approved the 2023 final profit distribution plan to be implemented (A shares), payable on 29 May 2024. The company announced Cash dividend/10 shares (tax included) of CNY 3.25000000. The record date is 28 May 2024 and Ex-date is 29 May 2024.New Risk • May 10New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Currently running at an operating cash loss. This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Earnings have declined by 8.2% per year over the past 5 years. High level of non-cash earnings (26% accrual ratio). Minor Risk Paying a dividend despite having no free cash flows.Reported Earnings • Apr 25First quarter 2024 earnings released: EPS: CN¥0.38 (vs CN¥0.23 in 1Q 2023)First quarter 2024 results: EPS: CN¥0.38 (up from CN¥0.23 in 1Q 2023). Revenue: CN¥426.5m (down 27% from 1Q 2023). Net income: CN¥402.6m (up 59% from 1Q 2023). Profit margin: 94% (up from 43% in 1Q 2023). Over the last 3 years on average, earnings per share has fallen by 14% 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 30Dongguan Development (Holdings) Co., Ltd. to Report Q1, 2024 Results on Apr 25, 2024Dongguan Development (Holdings) Co., Ltd. announced that they will report Q1, 2024 results on Apr 25, 2024Valuation Update With 7 Day Price Move • Feb 05Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to CN¥8.43, the stock trades at a trailing P/E ratio of 10.7x. Average trailing P/E is 16x in the Infrastructure industry in China. Negligible returns to shareholders over past three years.お知らせ • Dec 29Dongguan Development (Holdings) Co., Ltd. to Report Fiscal Year 2023 Results on Mar 30, 2024Dongguan Development (Holdings) Co., Ltd. announced that they will report fiscal year 2023 results on Mar 30, 2024New Risk • Nov 09New 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 6.5% 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 Risks Debt is not well covered by operating cash flow (2.0% operating cash flow to total debt). Earnings have declined by 5.4% per year over the past 5 years. High level of non-cash earnings (28% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (6.5% average weekly change).Valuation Update With 7 Day Price Move • Nov 07Investor sentiment improves as stock rises 21%After last week's 21% share price gain to CN¥10.91, the stock trades at a trailing P/E ratio of 13.9x. Average trailing P/E is 16x in the Infrastructure industry in China. Total returns to shareholders of 29% over the past three years.Reported Earnings • Nov 01Third quarter 2023 earnings released: EPS: CN¥0.26 (vs CN¥0.23 in 3Q 2022)Third quarter 2023 results: EPS: CN¥0.26 (up from CN¥0.23 in 3Q 2022). Revenue: CN¥1.51b (up 96% from 3Q 2022). Net income: CN¥283.1m (up 3.3% from 3Q 2022). Profit margin: 19% (down from 36% in 3Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.お知らせ • Sep 30Dongguan Development (Holdings) Co., Ltd. to Report Q3, 2023 Results on Oct 31, 2023Dongguan Development (Holdings) Co., Ltd. announced that they will report Q3, 2023 results on Oct 31, 2023Reported Earnings • Aug 30Second quarter 2023 earnings released: EPS: CN¥0.19 (vs CN¥0.26 in 2Q 2022)Second quarter 2023 results: EPS: CN¥0.19 (down from CN¥0.26 in 2Q 2022). Revenue: CN¥1.36b (up 6.3% from 2Q 2022). Net income: CN¥212.1m (down 22% from 2Q 2022). Profit margin: 16% (down from 21% in 2Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 6% per year whereas the company’s share price has fallen by 5% per year.お知らせ • Aug 12Dongguan Development Plans to Buy Dongguan Investment FirmDongguan Development (Holdings) Co., Ltd. (SZSE:000828) said it plans to buy Dongguan investment firm for up to CNY 774 million ($107.38 million). Says it will indirectly own 35% stake in firm in charge of construction work of a road section of highway project.お知らせ • Jun 27Dongguan Development (Holdings) Co., Ltd. Approves 2022 Final Profit Distribution Plan to Be Implemented (A Shares), Payable on June 30, 2023Dongguan Development (Holdings) Co., Ltd. approved 2022 final profit distribution plan to be implemented (A shares), payable on June 30, 2023. The company announced Cash dividend/10 shares (tax included) of CNY 2.50000000. The record date is June 29, 2023 and Ex-date is June 30, 2023.Board Change • Nov 16High number of new and inexperienced directorsThere are 6 new directors who have joined the board in the last 3 years. The company's board is composed of: 6 new directors. 2 experienced directors. No highly experienced directors. Independent Director Heng Liu is the most experienced director on the board, commencing their role in 2018. 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 30Third quarter 2022 earnings released: EPS: CN¥0.23 (vs CN¥0.27 in 3Q 2021)Third quarter 2022 results: EPS: CN¥0.23 (down from CN¥0.27 in 3Q 2021). Revenue: CN¥772.2m (up 97% from 3Q 2021). Net income: CN¥274.1m (down 3.0% from 3Q 2021). Profit margin: 36% (down from 72% 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 6% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings.Reported Earnings • Aug 24Second quarter 2022 earnings released: EPS: CN¥0.26 (vs CN¥0.26 in 2Q 2021)Second quarter 2022 results: EPS: CN¥0.26 (up from CN¥0.26 in 2Q 2021). Revenue: CN¥1.28b (up 244% from 2Q 2021). Net income: CN¥271.1m (up 2.2% from 2Q 2021). Profit margin: 21% (down from 71% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings.Reported Earnings • Apr 27Full year 2021 earnings released: EPS: CN¥0.89 (vs CN¥0.88 in FY 2020)Full year 2021 results: EPS: CN¥0.89 (up from CN¥0.88 in FY 2020). Revenue: CN¥5.32b (up 324% from FY 2020). Net income: CN¥929.6m (up 1.9% from FY 2020). Profit margin: 18% (down from 73% in FY 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 5% per year whereas the company’s share price has fallen by 2% per year.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. 3 experienced directors. No highly experienced directors. Supervisor Jinbang Yuan is the most experienced director on the board, commencing their role in 2018. 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 08Full year 2021 earnings released: EPS: CN¥0.89 (vs CN¥0.88 in FY 2020)Full year 2021 results: EPS: CN¥0.89 (up from CN¥0.88 in FY 2020). Revenue: CN¥5.32b (up 324% from FY 2020). Net income: CN¥929.6m (up 1.9% from FY 2020). Profit margin: 18% (down from 73% in FY 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings.Board Change • Apr 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. 3 experienced directors. No highly experienced directors. Supervisor Jinbang Yuan is the most experienced director on the board, commencing their role in 2018. 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 • Mar 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. 3 experienced directors. No highly experienced directors. Supervisor Jinbang Yuan is the most experienced director on the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.Valuation Update With 7 Day Price Move • Feb 24Investor sentiment improved over the past weekAfter last week's 17% share price gain to CN¥11.99, the stock trades at a trailing P/E ratio of 12x. Average trailing P/E is 15x in the Infrastructure industry in China. Total returns to shareholders of 35% over the past three years.Reported Earnings • Oct 28Third quarter 2021 earnings released: EPS CN¥0.27 (vs CN¥0.33 in 3Q 2020)The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: CN¥391.3m (down 11% from 3Q 2020). Net income: CN¥282.5m (down 18% from 3Q 2020). Profit margin: 72% (down from 78% in 3Q 2020). The decrease in margin was primarily driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 13% per year, which means it is well ahead of earnings.Reported Earnings • Aug 22Second quarter 2021 earnings released: EPS CN¥0.26 (vs CN¥0.20 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¥372.1m (up 45% from 2Q 2020). Net income: CN¥265.3m (up 27% from 2Q 2020). Profit margin: 71% (down from 81% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 13% per year, which means it is well ahead of earnings.Board Change • Jul 31High number of new directorsChairman of Board of Supervisors Chen Yingyi was the last director to join the board, commencing their role in 2019.Reported Earnings • Apr 30First quarter 2021 earnings released: EPS CN¥0.23 (vs CN¥0.11 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: CN¥346.4m (up 111% from 1Q 2020). Net income: CN¥240.0m (up 116% from 1Q 2020). Profit margin: 69% (up from 68% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has remained flat whereas the company’s share price has increased by 1% per year.Reported Earnings • Mar 21Full year 2020 earnings released: EPS CN¥0.88 (vs CN¥1.03 in FY 2019)The company reported a soft full year result with weaker earnings and revenues, although profit margins were improved. Full year 2020 results: Revenue: CN¥1.26b (down 23% from FY 2019). Net income: CN¥912.7m (down 15% from FY 2019). Profit margin: 73% (up from 66% 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 1% per year whereas the company’s share price has fallen by 1% per year.Is New 90 Day High Low • Jan 27New 90-day low: CN¥8.50The company is down 6.0% from its price of CN¥9.00 on 29 October 2020. The Chinese market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Infrastructure industry, which is up 2.0% over the same period.Is New 90 Day High Low • Oct 29New 90-day low: CN¥9.00The company is down 4.0% from its price of CN¥9.39 on 31 July 2020. The Chinese market is down 1.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Infrastructure industry, which is down 6.0% over the same period.Reported Earnings • Oct 26Third quarter earnings releasedOver the last 12 months the company has reported total profits of CN¥905.4m, down 23% from the prior year. Total revenue was CN¥1.27b over the last 12 months, down 22% from the prior year.株主還元000828CN InfrastructureCN 市場7D-0.1%2.7%-2.5%1Y-12.4%-9.0%10.1%株主還元を見る業界別リターン: 000828過去 1 年間で-9 % の収益を上げたCN Infrastructure業界を下回りました。リターン対市場: 000828は、過去 1 年間で10.1 % のリターンを上げたCN市場を下回りました。価格変動Is 000828's price volatile compared to industry and market?000828 volatility000828 Average Weekly Movement2.9%Infrastructure Industry Average Movement3.7%Market Average Movement7.3%10% most volatile stocks in CN Market12.3%10% least volatile stocks in CN Market4.4%安定した株価: 000828 、 CN市場と比較して、過去 3 か月間で大きな価格変動はありませんでした。時間の経過による変動: 000828の 週次ボラティリティ ( 3% ) は過去 1 年間安定しています。会社概要設立従業員CEO（最高経営責任者ウェブサイト1988864n/awww.dgholdings.cn東莞発展（控股）有限公司は、中国における都市鉄道の開発、投資、建設、運営を行っている。同社は4つのセグメントで事業を展開している：高速道路の料金徴収と外国投資、金融サービス、新エネルギー自動車の充電と交換、鉄道輸送PPPプロジェクト。また、金融リースや商業ファクタリングも提供している。旧社名は広東富力科技有限公司。1988年に設立され、中国東莞市に本社を置く。もっと見るDongguan Development (Holdings) Co., Ltd. 基礎のまとめDongguan Development (Holdings) の収益と売上を時価総額と比較するとどうか。000828 基礎統計学時価総額CN¥10.33b収益（TTM）CN¥888.86m売上高(TTM)CN¥1.54b11.6xPER（株価収益率6.7xP/Sレシオ000828 は割高か？公正価値と評価分析を参照収益と収入最新の決算報告書（TTM）に基づく主な収益性統計000828 損益計算書（TTM）収益CN¥1.54b売上原価CN¥491.23m売上総利益CN¥1.05bその他の費用CN¥161.29m収益CN¥888.86m直近の収益報告Mar 31, 2026次回決算日Aug 20, 2026一株当たり利益（EPS）0.86グロス・マージン68.13%純利益率57.67%有利子負債／自己資本比率40.1%000828 の長期的なパフォーマンスは？過去の実績と比較を見る配当金4.8%現在の配当利回り56%配当性向View Valuation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2026/07/23 05:29終値2026/07/23 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この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、レポートの活用方法に関するガイドやYouTubeのチュートリアルも用意しています。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Dongguan Development (Holdings) 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。2 アナリスト機関HongBo ZhangCitic Securities Co., Ltd.Dingying LiZhongtai Securities Co. Ltd.
お知らせ • Jun 30Dongguan Development (Holdings) Co., Ltd. to Report First Half, 2026 Results on Aug 20, 2026Dongguan Development (Holdings) Co., Ltd. announced that they will report first half, 2026 results on Aug 20, 2026
Board Change • May 20Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 10 experienced directors. No highly experienced directors. Chairman of the Supervisory Board Huiming Huang was the last director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.
お知らせ • Mar 31Dongguan Development (Holdings) Co., Ltd. to Report Q1, 2026 Results on Apr 27, 2026Dongguan Development (Holdings) Co., Ltd. announced that they will report Q1, 2026 results on Apr 27, 2026
お知らせ • Mar 28Dongguan Development (Holdings) Co., Ltd., Annual General Meeting, Apr 17, 2026Dongguan Development (Holdings) Co., Ltd., Annual General Meeting, Apr 17, 2026, at 15:00 China Standard Time. Location: 37F, Rail Transit Building, Nancheng Subdistrict, Dongguan, Guangdong China
お知らせ • Dec 31Dongguan Development (Holdings) Co., Ltd. to Report Fiscal Year 2025 Results on Mar 28, 2026Dongguan Development (Holdings) Co., Ltd. announced that they will report fiscal year 2025 results on Mar 28, 2026
お知らせ • Sep 30Dongguan Development (Holdings) Co., Ltd. to Report Q3, 2025 Results on Oct 30, 2025Dongguan Development (Holdings) Co., Ltd. announced that they will report Q3, 2025 results on Oct 30, 2025
お知らせ • Jun 30Dongguan Development (Holdings) Co., Ltd. to Report First Half, 2026 Results on Aug 20, 2026Dongguan Development (Holdings) Co., Ltd. announced that they will report first half, 2026 results on Aug 20, 2026
Board Change • May 20Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 10 experienced directors. No highly experienced directors. Chairman of the Supervisory Board Huiming Huang was the last director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.
お知らせ • Mar 31Dongguan Development (Holdings) Co., Ltd. to Report Q1, 2026 Results on Apr 27, 2026Dongguan Development (Holdings) Co., Ltd. announced that they will report Q1, 2026 results on Apr 27, 2026
お知らせ • Mar 28Dongguan Development (Holdings) Co., Ltd., Annual General Meeting, Apr 17, 2026Dongguan Development (Holdings) Co., Ltd., Annual General Meeting, Apr 17, 2026, at 15:00 China Standard Time. Location: 37F, Rail Transit Building, Nancheng Subdistrict, Dongguan, Guangdong China
お知らせ • Dec 31Dongguan Development (Holdings) Co., Ltd. to Report Fiscal Year 2025 Results on Mar 28, 2026Dongguan Development (Holdings) Co., Ltd. announced that they will report fiscal year 2025 results on Mar 28, 2026
お知らせ • Sep 30Dongguan Development (Holdings) Co., Ltd. to Report Q3, 2025 Results on Oct 30, 2025Dongguan Development (Holdings) Co., Ltd. announced that they will report Q3, 2025 results on Oct 30, 2025
お知らせ • Aug 27Dongguan Development (Holdings) Co., Ltd. Proposes Interim Cash Dividend for the Year 2025Dongguan Development (Holdings) Co., Ltd. at its Extraordinary General Meeting to be on 11 September 2025, proposed interim cash dividend/10 shares (tax included) of CNY 1.50000000 for the year 2025.
お知らせ • Jul 02Dongguan Development (Holdings) Co., Ltd. to Report First Half, 2025 Results on Aug 26, 2025Dongguan Development (Holdings) Co., Ltd. announced that they will report first half, 2025 results on Aug 26, 2025
お知らせ • Apr 10Dongguan Development (Holdings) Co., Ltd. Proposes Final Cash Dividend for the Year 2024Dongguan Development (Holdings) Co., Ltd. announced on 08 April 2025 the profit distribution proposal for 2024 as follows: Final Cash dividend/10 shares (tax included): CNY 3.25000000.
お知らせ • Apr 08Dongguan Development (Holdings) Co., Ltd., Annual General Meeting, Apr 28, 2025Dongguan Development (Holdings) Co., Ltd., Annual General Meeting, Apr 28, 2025, at 15:00 China Standard Time. Location: 37F, Rail Transit Building, Nancheng Subdistrict, Dongguan, Guangdong China
お知らせ • Mar 31Dongguan Development (Holdings) Co., Ltd. to Report Q1, 2025 Results on Apr 28, 2025Dongguan Development (Holdings) Co., Ltd. announced that they will report Q1, 2025 results on Apr 28, 2025
お知らせ • Dec 31Dongguan Development (Holdings) Co., Ltd. to Report Fiscal Year 2024 Results on Mar 29, 2025Dongguan Development (Holdings) Co., Ltd. announced that they will report fiscal year 2024 results on Mar 29, 2025
Reported Earnings • Oct 30Third quarter 2024 earnings released: EPS: CN¥0.28 (vs CN¥0.26 in 3Q 2023)Third quarter 2024 results: EPS: CN¥0.28 (up from CN¥0.26 in 3Q 2023). Revenue: CN¥497.5m (down 67% from 3Q 2023). Net income: CN¥284.9m (flat on 3Q 2023). Profit margin: 57% (up from 19% in 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.
Valuation Update With 7 Day Price Move • Oct 15Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to CN¥10.33, the stock trades at a trailing P/E ratio of 17.7x. Average trailing P/E is 15x in the Infrastructure industry in China. Total returns to shareholders of 9.5% over the past three years.
お知らせ • Sep 30Dongguan Development (Holdings) Co., Ltd. to Report Q3, 2024 Results on Oct 30, 2024Dongguan Development (Holdings) Co., Ltd. announced that they will report Q3, 2024 results on Oct 30, 2024
Valuation Update With 7 Day Price Move • Sep 27Investor sentiment improves as stock rises 15%After last week's 15% share price gain to CN¥10.11, the stock trades at a trailing P/E ratio of 17.8x. Average trailing P/E is 15x in the Infrastructure industry in China. Total returns to shareholders of 8.1% over the past three years.
お知らせ • Sep 24Dongguan Development (Holdings) Co., Ltd. Announces Interim Cash Dividend on A Shares for 2024, Payable on 27 September 2024Dongguan Development (Holdings) Co., Ltd. announced interim cash dividend of CNY 1.50000000 per 10 A shares (tax included) for 2024. Record date: 26 September 2024. Ex-date: 27 September 2024. Payment date: 27 September 2024.
お知らせ • Sep 13Dongguan Development (Holdings) Co., Ltd. Approves Interim Cash DividendDongguan Development (Holdings) Co., Ltd. held its 2nd Extraordinary General Meeting of 2024 on 11 September 2024, during which the following proposal(s) was/were approved: 2024 interim profit distribution plan. The detailed profit distribution plan is as; Cash dividend/10 shares (tax included): CNY 1.50000000.
Reported Earnings • Aug 27Second quarter 2024 earnings released: EPS: CN¥0.037 (vs CN¥0.19 in 2Q 2023)Second quarter 2024 results: EPS: CN¥0.037 (down from CN¥0.19 in 2Q 2023). Revenue: CN¥447.7m (down 67% from 2Q 2023). Net income: CN¥39.2m (down 82% from 2Q 2023). Profit margin: 8.8% (down from 16% in 2Q 2023). Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings.
お知らせ • Aug 24Dongguan Development (Holdings) Co., Ltd. (SZSE:000828) and Dongguan Financial Holdings Group Co.,Ltd. agreed to acquire an additional 20% stake in Dongguan Securities Co., Ltd. from Guangdong Golden Dragon Development Inc. (SZSE:000712) for CNY 2.3 billion.Dongguan Development (Holdings) Co., Ltd. (SZSE:000828) and Dongguan Financial Holdings Group Co.,Ltd. agreed to acquire an additional 20% stake in Dongguan Securities Co., Ltd. from Guangdong Golden Dragon Development Inc. (SZSE:000712) for CNY 2.3 billion on August 21, 2024. A cash consideration of CNY 2.27 billion valued at CNY 2271.7542 per share will be paid by Dongguan Development (Holdings) Co., Ltd. and Dongguan Financial Holdings Group Co.,Ltd. for 300 million shares. Upon completion, Dongguan Development (Holdings) Co., Ltd. will own 27.10% and Dongguan Financial Holdings Group Co.,Ltd. will own 32.90% stake in Dongguan Securities Co., Ltd. The transaction is subject to approval of offer by target shareholders. The deal has been approved by the board of Guangdong Golden Dragon Development.
お知らせ • Aug 09Bank of Dongguan Co.,Ltd. completed the acquisition of 5% stake in Dongguan Chang'an Rural Bank Co., Ltd. from Dongguan Development (Holdings) Co., Ltd. (SZSE:000828).Bank of Dongguan Co.,Ltd. signed a letter of intent to acquire 5% stake in Dongguan Chang'an Rural Bank Co., Ltd. from Dongguan Development (Holdings) Co., Ltd. (SZSE:000828) for CNY 29 million on May 14, 2024. Bank of Dongguan Co.,Ltd. agreed to acquire 5% stake in Dongguan Chang'an Rural Bank Co., Ltd. from Dongguan Development (Holdings) Co., Ltd. (SZSE:000828) for CNY29 million on May 17, 2024. The consideration consists of CNY 29.11 million in cash. As part of the consideration, CNY 29.11 million was paid towards common equity. On April 7, 2024, Dongguan Development (Holdings) Co., Ltd. held the 28th meeting of the 8th Board of Directors and reviewed and approved the Proposal on Public bidding and Transfer of 5% Equity in Chang'an Rural Bank. Bank of Dongguan Co.,Ltd. completed the acquisition of 5% stake in Dongguan Chang'an Rural Bank Co., Ltd. from Dongguan Development (Holdings) Co., Ltd. (SZSE:000828) on August 7, 2024. The deal has been approved by financial regulatory authorities.
お知らせ • Jun 29Dongguan Development (Holdings) Co., Ltd. to Report First Half, 2024 Results on Aug 27, 2024Dongguan Development (Holdings) Co., Ltd. announced that they will report first half, 2024 results on Aug 27, 2024
お知らせ • May 25Dongguan Development (Holdings) Co., Ltd. Approves 2023 Final Profit Distribution on A Shares, Payable on 29 May 2024Dongguan Development (Holdings) Co., Ltd. approved the 2023 final profit distribution plan to be implemented (A shares), payable on 29 May 2024. The company announced Cash dividend/10 shares (tax included) of CNY 3.25000000. The record date is 28 May 2024 and Ex-date is 29 May 2024.
New Risk • May 10New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Currently running at an operating cash loss. This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Earnings have declined by 8.2% per year over the past 5 years. High level of non-cash earnings (26% accrual ratio). Minor Risk Paying a dividend despite having no free cash flows.
Reported Earnings • Apr 25First quarter 2024 earnings released: EPS: CN¥0.38 (vs CN¥0.23 in 1Q 2023)First quarter 2024 results: EPS: CN¥0.38 (up from CN¥0.23 in 1Q 2023). Revenue: CN¥426.5m (down 27% from 1Q 2023). Net income: CN¥402.6m (up 59% from 1Q 2023). Profit margin: 94% (up from 43% in 1Q 2023). Over the last 3 years on average, earnings per share has fallen by 14% 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 30Dongguan Development (Holdings) Co., Ltd. to Report Q1, 2024 Results on Apr 25, 2024Dongguan Development (Holdings) Co., Ltd. announced that they will report Q1, 2024 results on Apr 25, 2024
Valuation Update With 7 Day Price Move • Feb 05Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to CN¥8.43, the stock trades at a trailing P/E ratio of 10.7x. Average trailing P/E is 16x in the Infrastructure industry in China. Negligible returns to shareholders over past three years.
お知らせ • Dec 29Dongguan Development (Holdings) Co., Ltd. to Report Fiscal Year 2023 Results on Mar 30, 2024Dongguan Development (Holdings) Co., Ltd. announced that they will report fiscal year 2023 results on Mar 30, 2024
New Risk • Nov 09New 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 6.5% 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 Risks Debt is not well covered by operating cash flow (2.0% operating cash flow to total debt). Earnings have declined by 5.4% per year over the past 5 years. High level of non-cash earnings (28% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (6.5% average weekly change).
Valuation Update With 7 Day Price Move • Nov 07Investor sentiment improves as stock rises 21%After last week's 21% share price gain to CN¥10.91, the stock trades at a trailing P/E ratio of 13.9x. Average trailing P/E is 16x in the Infrastructure industry in China. Total returns to shareholders of 29% over the past three years.
Reported Earnings • Nov 01Third quarter 2023 earnings released: EPS: CN¥0.26 (vs CN¥0.23 in 3Q 2022)Third quarter 2023 results: EPS: CN¥0.26 (up from CN¥0.23 in 3Q 2022). Revenue: CN¥1.51b (up 96% from 3Q 2022). Net income: CN¥283.1m (up 3.3% from 3Q 2022). Profit margin: 19% (down from 36% in 3Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.
お知らせ • Sep 30Dongguan Development (Holdings) Co., Ltd. to Report Q3, 2023 Results on Oct 31, 2023Dongguan Development (Holdings) Co., Ltd. announced that they will report Q3, 2023 results on Oct 31, 2023
Reported Earnings • Aug 30Second quarter 2023 earnings released: EPS: CN¥0.19 (vs CN¥0.26 in 2Q 2022)Second quarter 2023 results: EPS: CN¥0.19 (down from CN¥0.26 in 2Q 2022). Revenue: CN¥1.36b (up 6.3% from 2Q 2022). Net income: CN¥212.1m (down 22% from 2Q 2022). Profit margin: 16% (down from 21% in 2Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 6% per year whereas the company’s share price has fallen by 5% per year.
お知らせ • Aug 12Dongguan Development Plans to Buy Dongguan Investment FirmDongguan Development (Holdings) Co., Ltd. (SZSE:000828) said it plans to buy Dongguan investment firm for up to CNY 774 million ($107.38 million). Says it will indirectly own 35% stake in firm in charge of construction work of a road section of highway project.
お知らせ • Jun 27Dongguan Development (Holdings) Co., Ltd. Approves 2022 Final Profit Distribution Plan to Be Implemented (A Shares), Payable on June 30, 2023Dongguan Development (Holdings) Co., Ltd. approved 2022 final profit distribution plan to be implemented (A shares), payable on June 30, 2023. The company announced Cash dividend/10 shares (tax included) of CNY 2.50000000. The record date is June 29, 2023 and Ex-date is June 30, 2023.
Board Change • Nov 16High number of new and inexperienced directorsThere are 6 new directors who have joined the board in the last 3 years. The company's board is composed of: 6 new directors. 2 experienced directors. No highly experienced directors. Independent Director Heng Liu is the most experienced director on the board, commencing their role in 2018. 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 30Third quarter 2022 earnings released: EPS: CN¥0.23 (vs CN¥0.27 in 3Q 2021)Third quarter 2022 results: EPS: CN¥0.23 (down from CN¥0.27 in 3Q 2021). Revenue: CN¥772.2m (up 97% from 3Q 2021). Net income: CN¥274.1m (down 3.0% from 3Q 2021). Profit margin: 36% (down from 72% 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 6% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings.
Reported Earnings • Aug 24Second quarter 2022 earnings released: EPS: CN¥0.26 (vs CN¥0.26 in 2Q 2021)Second quarter 2022 results: EPS: CN¥0.26 (up from CN¥0.26 in 2Q 2021). Revenue: CN¥1.28b (up 244% from 2Q 2021). Net income: CN¥271.1m (up 2.2% from 2Q 2021). Profit margin: 21% (down from 71% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings.
Reported Earnings • Apr 27Full year 2021 earnings released: EPS: CN¥0.89 (vs CN¥0.88 in FY 2020)Full year 2021 results: EPS: CN¥0.89 (up from CN¥0.88 in FY 2020). Revenue: CN¥5.32b (up 324% from FY 2020). Net income: CN¥929.6m (up 1.9% from FY 2020). Profit margin: 18% (down from 73% in FY 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 5% per year whereas the company’s share price has fallen by 2% per year.
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. 3 experienced directors. No highly experienced directors. Supervisor Jinbang Yuan is the most experienced director on the board, commencing their role in 2018. 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 08Full year 2021 earnings released: EPS: CN¥0.89 (vs CN¥0.88 in FY 2020)Full year 2021 results: EPS: CN¥0.89 (up from CN¥0.88 in FY 2020). Revenue: CN¥5.32b (up 324% from FY 2020). Net income: CN¥929.6m (up 1.9% from FY 2020). Profit margin: 18% (down from 73% in FY 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings.
Board Change • Apr 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. 3 experienced directors. No highly experienced directors. Supervisor Jinbang Yuan is the most experienced director on the board, commencing their role in 2018. 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 • Mar 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. 3 experienced directors. No highly experienced directors. Supervisor Jinbang Yuan is the most experienced director on the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.
Valuation Update With 7 Day Price Move • Feb 24Investor sentiment improved over the past weekAfter last week's 17% share price gain to CN¥11.99, the stock trades at a trailing P/E ratio of 12x. Average trailing P/E is 15x in the Infrastructure industry in China. Total returns to shareholders of 35% over the past three years.
Reported Earnings • Oct 28Third quarter 2021 earnings released: EPS CN¥0.27 (vs CN¥0.33 in 3Q 2020)The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: CN¥391.3m (down 11% from 3Q 2020). Net income: CN¥282.5m (down 18% from 3Q 2020). Profit margin: 72% (down from 78% in 3Q 2020). The decrease in margin was primarily driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 13% per year, which means it is well ahead of earnings.
Reported Earnings • Aug 22Second quarter 2021 earnings released: EPS CN¥0.26 (vs CN¥0.20 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¥372.1m (up 45% from 2Q 2020). Net income: CN¥265.3m (up 27% from 2Q 2020). Profit margin: 71% (down from 81% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 13% per year, which means it is well ahead of earnings.
Board Change • Jul 31High number of new directorsChairman of Board of Supervisors Chen Yingyi was the last director to join the board, commencing their role in 2019.
Reported Earnings • Apr 30First quarter 2021 earnings released: EPS CN¥0.23 (vs CN¥0.11 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: CN¥346.4m (up 111% from 1Q 2020). Net income: CN¥240.0m (up 116% from 1Q 2020). Profit margin: 69% (up from 68% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has remained flat whereas the company’s share price has increased by 1% per year.
Reported Earnings • Mar 21Full year 2020 earnings released: EPS CN¥0.88 (vs CN¥1.03 in FY 2019)The company reported a soft full year result with weaker earnings and revenues, although profit margins were improved. Full year 2020 results: Revenue: CN¥1.26b (down 23% from FY 2019). Net income: CN¥912.7m (down 15% from FY 2019). Profit margin: 73% (up from 66% 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 1% per year whereas the company’s share price has fallen by 1% per year.
Is New 90 Day High Low • Jan 27New 90-day low: CN¥8.50The company is down 6.0% from its price of CN¥9.00 on 29 October 2020. The Chinese market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Infrastructure industry, which is up 2.0% over the same period.
Is New 90 Day High Low • Oct 29New 90-day low: CN¥9.00The company is down 4.0% from its price of CN¥9.39 on 31 July 2020. The Chinese market is down 1.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Infrastructure industry, which is down 6.0% over the same period.
Reported Earnings • Oct 26Third quarter earnings releasedOver the last 12 months the company has reported total profits of CN¥905.4m, down 23% from the prior year. Total revenue was CN¥1.27b over the last 12 months, down 22% from the prior year.
