View ValuationHichain LogisticsLtd 将来の成長Future 基準チェック /06現在、 Hichain LogisticsLtdの成長と収益を予測するのに十分なアナリストの調査がありません。主要情報n/a収益成長率n/aEPS成長率Logistics 収益成長14.0%収益成長率n/a将来の株主資本利益率n/aアナリストカバレッジLow最終更新日22 Jan 2026今後の成長に関する最新情報更新なしすべての更新を表示Recent updatesValuation Update With 7 Day Price Move • Jul 22Investor sentiment deteriorates as stock falls 32%After last week's 32% share price decline to CN¥16.59, the stock trades at a trailing P/E ratio of 25.6x. Average forward P/E is 11x in the Logistics industry in China. Total returns to shareholders of 18% over the past three years.Valuation Update With 7 Day Price Move • Jul 07Investor sentiment improves as stock rises 22%After last week's 22% share price gain to CN¥29.50, the stock trades at a trailing P/E ratio of 45.5x. Average forward P/E is 13x in the Logistics industry in China. Total returns to shareholders of 110% over the past three years.お知らせ • Jun 30Hichain Logistics Co.,Ltd. to Report First Half, 2026 Results on Aug 26, 2026Hichain Logistics Co.,Ltd. announced that they will report first half, 2026 results on Aug 26, 2026New Risk • Jun 30New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 9.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 3.9% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (9.0% average weekly change). Profit margins are more than 30% lower than last year (11% net profit margin).Buy Or Sell Opportunity • Jun 29Now 23% overvalued after recent price riseOver the last 90 days, the stock has risen 31% to CN¥28.14. The fair value is estimated to be CN¥22.85, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 8.1%.Valuation Update With 7 Day Price Move • Jun 19Investor sentiment improves as stock rises 15%After last week's 15% share price gain to CN¥26.68, the stock trades at a trailing P/E ratio of 29.4x. Average forward P/E is 11x in the Logistics industry in China. Total returns to shareholders of 42% over the past three years.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. 7 experienced directors. 3 highly experienced directors. Supervisor Wei Wang 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 • Apr 23Hichain Logistics Co.,Ltd., Annual General Meeting, May 15, 2026Hichain Logistics Co.,Ltd., Annual General Meeting, May 15, 2026, at 14:30 China Standard Time. Location: 13F, Qianhai Sinlikon Center, Nanshan District, Shenzhen, Guangdong Chinaお知らせ • Mar 31Hichain Logistics Co.,Ltd. to Report Q1, 2026 Results on Apr 23, 2026Hichain Logistics Co.,Ltd. announced that they will report Q1, 2026 results on Apr 23, 2026お知らせ • Dec 31Hichain Logistics Co.,Ltd. to Report Fiscal Year 2025 Results on Apr 23, 2026Hichain Logistics Co.,Ltd. announced that they will report fiscal year 2025 results on Apr 23, 2026お知らせ • Sep 30Hichain Logistics Co.,Ltd. to Report Q3, 2025 Results on Oct 23, 2025Hichain Logistics Co.,Ltd. announced that they will report Q3, 2025 results on Oct 23, 2025お知らせ • Jul 02Hichain Logistics Co.,Ltd. to Report First Half, 2025 Results on Aug 26, 2025Hichain Logistics Co.,Ltd. announced that they will report first half, 2025 results on Aug 26, 2025お知らせ • Jun 06Hichain Logistics Co.,Ltd., Annual General Meeting, Jun 27, 2025Hichain Logistics Co.,Ltd., Annual General Meeting, Jun 27, 2025, at 14:30 China Standard Time. Location: 13F, Qianhai Sinlikon Center, Nanshan District, Shenzhen, Guangdong Chinaお知らせ • Apr 22Hichain Logistics Co.,Ltd. Proposes Final Cash Dividend for the Year 2024Hichain Logistics Co.,Ltd. proposed final cash dividend of CNY 4.00000000 per 10 shares (tax included) for the year 2024.お知らせ • Mar 31Hichain Logistics Co.,Ltd. to Report Q1, 2025 Results on Apr 25, 2025Hichain Logistics Co.,Ltd. announced that they will report Q1, 2025 results on Apr 25, 2025お知らせ • Dec 31Hichain Logistics Co.,Ltd. to Report Fiscal Year 2024 Results on Apr 19, 2025Hichain Logistics Co.,Ltd. announced that they will report fiscal year 2024 results on Apr 19, 2025Reported Earnings • Oct 25Third quarter 2024 earnings released: EPS: CN¥0.30 (vs CN¥0.31 in 3Q 2023)Third quarter 2024 results: EPS: CN¥0.30 (down from CN¥0.31 in 3Q 2023). Revenue: CN¥434.1m (down 5.8% from 3Q 2023). Net income: CN¥68.0m (down 4.9% from 3Q 2023). Profit margin: 16% (in line with 3Q 2023). Revenue is forecast to grow 32% p.a. on average during the next 2 years, compared to a 10% growth forecast for the Logistics industry in China.Valuation Update With 7 Day Price Move • Sep 30Investor sentiment improves as stock rises 28%After last week's 28% share price gain to CN¥17.37, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 12x in the Logistics industry in China. Total loss to shareholders of 2.8% over the past year.お知らせ • Sep 30Hichain Logistics Co.,Ltd. to Report Q3, 2024 Results on Oct 25, 2024Hichain Logistics Co.,Ltd. announced that they will report Q3, 2024 results on Oct 25, 2024New Risk • Sep 17New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 49% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. 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.Reported Earnings • Aug 28Second quarter 2024 earnings released: EPS: CN¥0.41 (vs CN¥0.51 in 2Q 2023)Second quarter 2024 results: EPS: CN¥0.41 (down from CN¥0.51 in 2Q 2023). Revenue: CN¥409.5m (down 8.2% from 2Q 2023). Net income: CN¥93.0m (down 19% from 2Q 2023). Profit margin: 23% (down from 26% in 2Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 28% p.a. on average during the next 2 years, compared to a 10% growth forecast for the Logistics industry in China.Declared Dividend • Jul 05Dividend of CN¥0.40 announcedShareholders will receive a dividend of CN¥0.40. Ex-date: 10th July 2024 Payment date: 10th July 2024 Dividend yield will be 2.8%, which is higher than the industry average of 1.7%. Sustainability & Growth Dividend is covered by both earnings (33% earnings payout ratio) and cash flows (64% cash payout ratio). The dividend has increased by an average of 62% per year over the past 3 years and payments have been stable during that time. EPS is expected to grow by 26% over the next year, which should provide support to the dividend and adequate earnings cover.お知らせ • Jun 29Hichain Logistics Co.,Ltd. to Report First Half, 2024 Results on Aug 28, 2024Hichain Logistics Co.,Ltd. announced that they will report first half, 2024 results on Aug 28, 2024お知らせ • Apr 23Hichain Logistics Co.,Ltd., Annual General Meeting, May 15, 2024Hichain Logistics Co.,Ltd., Annual General Meeting, May 15, 2024, at 14:30 China Standard Time. Location: 13F, Qianhai Sinlikon Center, Nanshan District, Shenzhen, Guangdong ChinaReported Earnings • Apr 22Full year 2023 earnings released: EPS: CN¥1.23 (vs CN¥1.68 in FY 2022)Full year 2023 results: EPS: CN¥1.23 (down from CN¥1.68 in FY 2022). Revenue: CN¥1.83b (up 1.6% from FY 2022). Net income: CN¥281.1m (down 22% from FY 2022). Profit margin: 15% (down from 20% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 23% p.a. on average during the next 2 years, compared to a 10% growth forecast for the Logistics industry in China.お知らせ • Mar 30Hichain Logistics Co.,Ltd. to Report Q1, 2024 Results on Apr 26, 2024Hichain Logistics Co.,Ltd. announced that they will report Q1, 2024 results on Apr 26, 2024Valuation Update With 7 Day Price Move • Feb 01Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to CN¥15.84, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 10x in the Logistics industry in China.お知らせ • Dec 30Hichain Logistics Co.,Ltd. to Report Fiscal Year 2023 Results on Apr 22, 2024Hichain Logistics Co.,Ltd. announced that they will report fiscal year 2023 results on Apr 22, 2024Reported Earnings • Oct 25Third quarter 2023 earnings releasedThird quarter 2023 results: EPS: CN¥0.31. Revenue: CN¥460.7m (up 1.3% from 3Q 2022). Net income: CN¥71.5m (down 24% from 3Q 2022). Profit margin: 16% (down from 21% in 3Q 2022). Revenue is forecast to grow 25% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Logistics industry in China.New Risk • Oct 20New 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 6.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (33% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (6.0% average weekly change). Shareholders have been diluted in the past year (8.0% increase in shares outstanding).Valuation Update With 7 Day Price Move • Oct 18Investor sentiment improves as stock rises 21%After last week's 21% share price gain to CN¥22.24, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 12x in the Logistics industry in China.お知らせ • Sep 30Hichain Logistics Co.,Ltd. to Report Q3, 2023 Results on Oct 25, 2023Hichain Logistics Co.,Ltd. announced that they will report Q3, 2023 results on Oct 25, 2023Reported Earnings • Aug 26Second quarter 2023 earnings released: EPS: CN¥0.51 (vs CN¥0.68 in 2Q 2022)Second quarter 2023 results: EPS: CN¥0.51 (down from CN¥0.68 in 2Q 2022). Revenue: CN¥445.9m (down 10.0% from 2Q 2022). Net income: CN¥115.0m (down 20% from 2Q 2022). Profit margin: 26% (down from 29% in 2Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 26% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Logistics industry in China.お知らせ • Jun 22Hichain Logistics Co.,Ltd. Announces Final Cash Dividend on A Shares for the Year 2022, Payable on 29 June 2023Hichain Logistics Co.,Ltd. announced 2022 final profit distribution plan to be implemented (A shares): Cash dividend/10 shares (tax included): CNY 3.50000000. Record date: 28 June 2023. Ex-date: 29 June 2023. Payment date: 29 June 2023.お知らせ • May 18Hichain Logistics Co.,Ltd. Approves Cash Dividend for 2022Hichain Logistics Co.,Ltd. approved Cash dividend/10 shares (tax included) of CNY3.50000000 for 2022, at its Annual General Meeting of 2022 on 16 May 2023.Reported Earnings • Apr 23First quarter 2023 earnings released: EPS: CN¥0.26 (vs CN¥0.43 in 1Q 2022)First quarter 2023 results: EPS: CN¥0.26 (down from CN¥0.43 in 1Q 2022). Revenue: CN¥448.5m (up 25% from 1Q 2022). Net income: CN¥59.2m (down 35% from 1Q 2022). Profit margin: 13% (down from 25% in 1Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 30% p.a. on average during the next 2 years, compared to a 13% growth forecast for the Logistics industry in China.Buying Opportunity • Apr 20Now 20% undervaluedThe stock has been flat over the last 90 days. The fair value is estimated to be CN¥32.74, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 26% over the last 3 years. Earnings per share has grown by 31%. Revenue is forecast to grow by 76% in 2 years. Earnings is forecast to grow by 52% in the next 2 years.Board Change • Mar 14High number of new and inexperienced directorsThere are 8 new directors who have joined the board in the last 3 years. The company's board is composed of: 8 new directors. 1 experienced director. No highly experienced directors. Supervisor Liang Chang is the most experienced director on the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. このセクションでは通常、投資家が会社の利益創出能力を理解する一助となるよう、プロのアナリストのコンセンサス予想に基づく収益と利益の成長予測を提示する。しかし、Hichain LogisticsLtd は十分な過去のデータを提供しておらず、アナリストの予測もないため、過去のデータを外挿したり、アナリストの予測を使用しても、その将来の収益を確実に算出することはできません。 シンプリー・ウォール・ストリートがカバーする企業の97%は過去の財務データを持っているため、これはかなり稀な状況です。 業績と収益の成長予測XSEC:300873 - アナリストの将来予測と過去の財務データ ( )CNY Millions日付収益収益フリー・キャッシュフロー営業活動によるキャッシュ平均アナリスト数12/31/20262,116357N/A70513/31/20261,951208186603N/A12/31/20251,898265122527N/A9/30/20251,779280147461N/A6/30/20251,71127314400N/A3/31/20251,649294106411N/A12/31/20241,650293218473N/A9/30/20241,719253320569N/A6/30/20241,746257185591N/A3/31/20241,782279143526N/A12/31/20231,828281116469N/A9/30/20231,846275-297252N/A6/30/20231,840298-19304N/A3/31/20231,890327-71260N/A1/1/20231,80035813338N/A9/30/20221,737392289397N/A6/30/20221,663378197364N/A3/31/20221,522337232395N/A1/1/20221,468309204367N/A9/30/20211,357297137273N/A6/30/20211,267265204272N/A3/31/20211,181221219266N/A12/31/20201,074195158203N/A9/30/20201,015182152201N/A6/30/2020960171156193N/A3/31/2020904139103136N/A12/31/2019920128N/A146N/A12/31/201880880N/A123N/A12/31/201767264N/A123N/A12/31/201659165N/A157N/Aもっと見るアナリストによる今後の成長予測収入対貯蓄率: 300873の予測収益成長が 貯蓄率 ( 2.4% ) を上回っているかどうかを判断するにはデータが不十分です。収益対市場: 300873の収益がCN市場よりも速く成長すると予測されるかどうかを判断するにはデータが不十分です高成長収益: 300873の収益が今後 3 年間で 大幅に 増加すると予想されるかどうかを判断するにはデータが不十分です。収益対市場: 300873の収益がCN市場よりも速く成長すると予測されるかどうかを判断するにはデータが不十分です。高い収益成長: 300873の収益が年間20%よりも速く成長すると予測されるかどうかを判断するにはデータが不十分です。一株当たり利益成長率予想将来の株主資本利益率将来のROE: 300873の 自己資本利益率 が 3 年後に高くなると予測されるかどうかを判断するにはデータが不十分です成長企業の発掘7D1Y7D1Y7D1YTransportation 業界の高成長企業。View Past Performance企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/07/23 06:09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Hichain Logistics Co.,Ltd. 1 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。3 アナリスト機関Xin YangChina International Capital Corporation LimitedWenjie ZhangChina International Capital Corporation LimitedLili XingZhongtai Securities Co. Ltd.
Valuation Update With 7 Day Price Move • Jul 22Investor sentiment deteriorates as stock falls 32%After last week's 32% share price decline to CN¥16.59, the stock trades at a trailing P/E ratio of 25.6x. Average forward P/E is 11x in the Logistics industry in China. Total returns to shareholders of 18% over the past three years.
Valuation Update With 7 Day Price Move • Jul 07Investor sentiment improves as stock rises 22%After last week's 22% share price gain to CN¥29.50, the stock trades at a trailing P/E ratio of 45.5x. Average forward P/E is 13x in the Logistics industry in China. Total returns to shareholders of 110% over the past three years.
お知らせ • Jun 30Hichain Logistics Co.,Ltd. to Report First Half, 2026 Results on Aug 26, 2026Hichain Logistics Co.,Ltd. announced that they will report first half, 2026 results on Aug 26, 2026
New Risk • Jun 30New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 9.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 3.9% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (9.0% average weekly change). Profit margins are more than 30% lower than last year (11% net profit margin).
Buy Or Sell Opportunity • Jun 29Now 23% overvalued after recent price riseOver the last 90 days, the stock has risen 31% to CN¥28.14. The fair value is estimated to be CN¥22.85, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 8.1%.
Valuation Update With 7 Day Price Move • Jun 19Investor sentiment improves as stock rises 15%After last week's 15% share price gain to CN¥26.68, the stock trades at a trailing P/E ratio of 29.4x. Average forward P/E is 11x in the Logistics industry in China. Total returns to shareholders of 42% over the past three years.
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. 7 experienced directors. 3 highly experienced directors. Supervisor Wei Wang 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 • Apr 23Hichain Logistics Co.,Ltd., Annual General Meeting, May 15, 2026Hichain Logistics Co.,Ltd., Annual General Meeting, May 15, 2026, at 14:30 China Standard Time. Location: 13F, Qianhai Sinlikon Center, Nanshan District, Shenzhen, Guangdong China
お知らせ • Mar 31Hichain Logistics Co.,Ltd. to Report Q1, 2026 Results on Apr 23, 2026Hichain Logistics Co.,Ltd. announced that they will report Q1, 2026 results on Apr 23, 2026
お知らせ • Dec 31Hichain Logistics Co.,Ltd. to Report Fiscal Year 2025 Results on Apr 23, 2026Hichain Logistics Co.,Ltd. announced that they will report fiscal year 2025 results on Apr 23, 2026
お知らせ • Sep 30Hichain Logistics Co.,Ltd. to Report Q3, 2025 Results on Oct 23, 2025Hichain Logistics Co.,Ltd. announced that they will report Q3, 2025 results on Oct 23, 2025
お知らせ • Jul 02Hichain Logistics Co.,Ltd. to Report First Half, 2025 Results on Aug 26, 2025Hichain Logistics Co.,Ltd. announced that they will report first half, 2025 results on Aug 26, 2025
お知らせ • Jun 06Hichain Logistics Co.,Ltd., Annual General Meeting, Jun 27, 2025Hichain Logistics Co.,Ltd., Annual General Meeting, Jun 27, 2025, at 14:30 China Standard Time. Location: 13F, Qianhai Sinlikon Center, Nanshan District, Shenzhen, Guangdong China
お知らせ • Apr 22Hichain Logistics Co.,Ltd. Proposes Final Cash Dividend for the Year 2024Hichain Logistics Co.,Ltd. proposed final cash dividend of CNY 4.00000000 per 10 shares (tax included) for the year 2024.
お知らせ • Mar 31Hichain Logistics Co.,Ltd. to Report Q1, 2025 Results on Apr 25, 2025Hichain Logistics Co.,Ltd. announced that they will report Q1, 2025 results on Apr 25, 2025
お知らせ • Dec 31Hichain Logistics Co.,Ltd. to Report Fiscal Year 2024 Results on Apr 19, 2025Hichain Logistics Co.,Ltd. announced that they will report fiscal year 2024 results on Apr 19, 2025
Reported Earnings • Oct 25Third quarter 2024 earnings released: EPS: CN¥0.30 (vs CN¥0.31 in 3Q 2023)Third quarter 2024 results: EPS: CN¥0.30 (down from CN¥0.31 in 3Q 2023). Revenue: CN¥434.1m (down 5.8% from 3Q 2023). Net income: CN¥68.0m (down 4.9% from 3Q 2023). Profit margin: 16% (in line with 3Q 2023). Revenue is forecast to grow 32% p.a. on average during the next 2 years, compared to a 10% growth forecast for the Logistics industry in China.
Valuation Update With 7 Day Price Move • Sep 30Investor sentiment improves as stock rises 28%After last week's 28% share price gain to CN¥17.37, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 12x in the Logistics industry in China. Total loss to shareholders of 2.8% over the past year.
お知らせ • Sep 30Hichain Logistics Co.,Ltd. to Report Q3, 2024 Results on Oct 25, 2024Hichain Logistics Co.,Ltd. announced that they will report Q3, 2024 results on Oct 25, 2024
New Risk • Sep 17New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 49% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. 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.
Reported Earnings • Aug 28Second quarter 2024 earnings released: EPS: CN¥0.41 (vs CN¥0.51 in 2Q 2023)Second quarter 2024 results: EPS: CN¥0.41 (down from CN¥0.51 in 2Q 2023). Revenue: CN¥409.5m (down 8.2% from 2Q 2023). Net income: CN¥93.0m (down 19% from 2Q 2023). Profit margin: 23% (down from 26% in 2Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 28% p.a. on average during the next 2 years, compared to a 10% growth forecast for the Logistics industry in China.
Declared Dividend • Jul 05Dividend of CN¥0.40 announcedShareholders will receive a dividend of CN¥0.40. Ex-date: 10th July 2024 Payment date: 10th July 2024 Dividend yield will be 2.8%, which is higher than the industry average of 1.7%. Sustainability & Growth Dividend is covered by both earnings (33% earnings payout ratio) and cash flows (64% cash payout ratio). The dividend has increased by an average of 62% per year over the past 3 years and payments have been stable during that time. EPS is expected to grow by 26% over the next year, which should provide support to the dividend and adequate earnings cover.
お知らせ • Jun 29Hichain Logistics Co.,Ltd. to Report First Half, 2024 Results on Aug 28, 2024Hichain Logistics Co.,Ltd. announced that they will report first half, 2024 results on Aug 28, 2024
お知らせ • Apr 23Hichain Logistics Co.,Ltd., Annual General Meeting, May 15, 2024Hichain Logistics Co.,Ltd., Annual General Meeting, May 15, 2024, at 14:30 China Standard Time. Location: 13F, Qianhai Sinlikon Center, Nanshan District, Shenzhen, Guangdong China
Reported Earnings • Apr 22Full year 2023 earnings released: EPS: CN¥1.23 (vs CN¥1.68 in FY 2022)Full year 2023 results: EPS: CN¥1.23 (down from CN¥1.68 in FY 2022). Revenue: CN¥1.83b (up 1.6% from FY 2022). Net income: CN¥281.1m (down 22% from FY 2022). Profit margin: 15% (down from 20% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 23% p.a. on average during the next 2 years, compared to a 10% growth forecast for the Logistics industry in China.
お知らせ • Mar 30Hichain Logistics Co.,Ltd. to Report Q1, 2024 Results on Apr 26, 2024Hichain Logistics Co.,Ltd. announced that they will report Q1, 2024 results on Apr 26, 2024
Valuation Update With 7 Day Price Move • Feb 01Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to CN¥15.84, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 10x in the Logistics industry in China.
お知らせ • Dec 30Hichain Logistics Co.,Ltd. to Report Fiscal Year 2023 Results on Apr 22, 2024Hichain Logistics Co.,Ltd. announced that they will report fiscal year 2023 results on Apr 22, 2024
Reported Earnings • Oct 25Third quarter 2023 earnings releasedThird quarter 2023 results: EPS: CN¥0.31. Revenue: CN¥460.7m (up 1.3% from 3Q 2022). Net income: CN¥71.5m (down 24% from 3Q 2022). Profit margin: 16% (down from 21% in 3Q 2022). Revenue is forecast to grow 25% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Logistics industry in China.
New Risk • Oct 20New 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 6.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (33% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (6.0% average weekly change). Shareholders have been diluted in the past year (8.0% increase in shares outstanding).
Valuation Update With 7 Day Price Move • Oct 18Investor sentiment improves as stock rises 21%After last week's 21% share price gain to CN¥22.24, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 12x in the Logistics industry in China.
お知らせ • Sep 30Hichain Logistics Co.,Ltd. to Report Q3, 2023 Results on Oct 25, 2023Hichain Logistics Co.,Ltd. announced that they will report Q3, 2023 results on Oct 25, 2023
Reported Earnings • Aug 26Second quarter 2023 earnings released: EPS: CN¥0.51 (vs CN¥0.68 in 2Q 2022)Second quarter 2023 results: EPS: CN¥0.51 (down from CN¥0.68 in 2Q 2022). Revenue: CN¥445.9m (down 10.0% from 2Q 2022). Net income: CN¥115.0m (down 20% from 2Q 2022). Profit margin: 26% (down from 29% in 2Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 26% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Logistics industry in China.
お知らせ • Jun 22Hichain Logistics Co.,Ltd. Announces Final Cash Dividend on A Shares for the Year 2022, Payable on 29 June 2023Hichain Logistics Co.,Ltd. announced 2022 final profit distribution plan to be implemented (A shares): Cash dividend/10 shares (tax included): CNY 3.50000000. Record date: 28 June 2023. Ex-date: 29 June 2023. Payment date: 29 June 2023.
お知らせ • May 18Hichain Logistics Co.,Ltd. Approves Cash Dividend for 2022Hichain Logistics Co.,Ltd. approved Cash dividend/10 shares (tax included) of CNY3.50000000 for 2022, at its Annual General Meeting of 2022 on 16 May 2023.
Reported Earnings • Apr 23First quarter 2023 earnings released: EPS: CN¥0.26 (vs CN¥0.43 in 1Q 2022)First quarter 2023 results: EPS: CN¥0.26 (down from CN¥0.43 in 1Q 2022). Revenue: CN¥448.5m (up 25% from 1Q 2022). Net income: CN¥59.2m (down 35% from 1Q 2022). Profit margin: 13% (down from 25% in 1Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 30% p.a. on average during the next 2 years, compared to a 13% growth forecast for the Logistics industry in China.
Buying Opportunity • Apr 20Now 20% undervaluedThe stock has been flat over the last 90 days. The fair value is estimated to be CN¥32.74, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 26% over the last 3 years. Earnings per share has grown by 31%. Revenue is forecast to grow by 76% in 2 years. Earnings is forecast to grow by 52% in the next 2 years.
Board Change • Mar 14High number of new and inexperienced directorsThere are 8 new directors who have joined the board in the last 3 years. The company's board is composed of: 8 new directors. 1 experienced director. No highly experienced directors. Supervisor Liang Chang is the most experienced director on the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.