View ValuationDaqin Railway 将来の成長Future 基準チェック /16Daqin Railway利益と収益がそれぞれ年間13%と3.2%増加すると予測されています。EPS は年間 増加すると予想されています。自己資本利益率は 3 年後に4.7% 12.5%なると予測されています。主要情報13.0%収益成長率12.53%EPS成長率Transportation 収益成長3.8%収益成長率3.2%将来の株主資本利益率4.65%アナリストカバレッジGood最終更新日15 Jun 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 updatesDeclared Dividend • Jul 06Dividend of CN¥0.14 announcedShareholders will receive a dividend of CN¥0.14. Ex-date: 10th July 2026 Payment date: 10th July 2026 Dividend yield will be 4.6%, which is higher than the industry average of 2.2%. Sustainability & Growth Dividend is covered by earnings (77% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 42% over the next 3 years, which should provide support to the dividend and adequate earnings cover.お知らせ • Jun 30Daqin Railway Co., Ltd. to Report First Half, 2026 Results on Aug 21, 2026Daqin Railway Co., Ltd. announced that they will report first half, 2026 results on Aug 21, 2026Board Change • May 20Less than half of directors are independentFollowing the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 7 non-independent directors. Independent Director Yujie Zhu was the last independent director to join the board, commencing their role in 2023. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.お知らせ • Apr 30Daqin Railway Co., Ltd., Annual General Meeting, May 21, 2026Daqin Railway Co., Ltd., Annual General Meeting, May 21, 2026, at 14:30 China Standard Time. Location: No. 196, Xiaodongmen Jiekou, Jianshe North Road, Taiyuan, Shanxi Chinaお知らせ • Mar 30Daqin Railway Co., Ltd. to Report Q1, 2026 Results on Apr 30, 2026Daqin Railway Co., Ltd. announced that they will report Q1, 2026 results on Apr 30, 2026お知らせ • Dec 26Daqin Railway Co., Ltd. to Report Fiscal Year 2025 Results on Apr 30, 2026Daqin Railway Co., Ltd. announced that they will report fiscal year 2025 results on Apr 30, 2026お知らせ • Sep 30Daqin Railway Co., Ltd. to Report Q3, 2025 Results on Oct 30, 2025Daqin Railway Co., Ltd. announced that they will report Q3, 2025 results on Oct 30, 2025お知らせ • Jun 30Daqin Railway Co., Ltd. to Report First Half, 2025 Results on Aug 29, 2025Daqin Railway Co., Ltd. announced that they will report first half, 2025 results on Aug 29, 2025お知らせ • Apr 30Daqin Railway Co., Ltd., Annual General Meeting, May 21, 2025Daqin Railway Co., Ltd., Annual General Meeting, May 21, 2025, at 14:30 China Standard Time. Location: No. 196, Xiaodongmen Jiekou, Jianshe North Road, Taiyuan, Shanxi Chinaお知らせ • Mar 28Daqin Railway Co., Ltd. to Report Q1, 2025 Results on Apr 30, 2025Daqin Railway Co., Ltd. announced that they will report Q1, 2025 results on Apr 30, 2025お知らせ • Dec 27Daqin Railway Co., Ltd. to Report Fiscal Year 2024 Results on Apr 30, 2025Daqin Railway Co., Ltd. announced that they will report fiscal year 2024 results on Apr 30, 2025お知らせ • Sep 30Daqin Railway Co., Ltd. to Report Q3, 2024 Results on Oct 30, 2024Daqin Railway Co., Ltd. announced that they will report Q3, 2024 results on Oct 30, 2024Reported Earnings • Aug 29Second quarter 2024 earnings released: EPS: CN¥0.16 (vs CN¥0.26 in 2Q 2023)Second quarter 2024 results: EPS: CN¥0.16 (down from CN¥0.26 in 2Q 2023). Revenue: CN¥18.3b (down 11% from 2Q 2023). Net income: CN¥2.82b (down 27% from 2Q 2023). Profit margin: 15% (down from 19% in 2Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 3.1% p.a. on average during the next 3 years, compared to a 4.4% growth forecast for the Transportation industry in Asia. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has remained flat, which means it is well ahead of earnings.Buy Or Sell Opportunity • Aug 29Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 13% to CN¥6.15. The fair value is estimated to be CN¥7.80, however this is not to be taken as a buy 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 5.9%. Revenue is forecast to grow by 7.7% in 2 years. Earnings are forecast to grow by 15% in the next 2 years.Declared Dividend • Jul 06Dividend reduced to CN¥0.38Dividend of CN¥0.38 is 20% lower than last year. Ex-date: 11th July 2024 Payment date: 11th July 2024 Dividend yield will be 5.3%, which is higher than the industry average of 2.2%. Sustainability & Growth Dividend is covered by earnings (61% earnings payout ratio) but not covered by cash flows (110% cash payout ratio). The dividend has increased over the past 10 years. However, payments have been volatile during that time. EPS is expected to decline by 8.2% over the next 3 years. However, it would need to fall by 32% to increase the payout ratio to a potentially unsustainable range.お知らせ • Jun 28Daqin Railway Co., Ltd. to Report First Half, 2024 Results on Aug 30, 2024Daqin Railway Co., Ltd. announced that they will report first half, 2024 results on Aug 30, 2024お知らせ • Apr 29Daqin Railway Co., Ltd., Annual General Meeting, May 21, 2024Daqin Railway Co., Ltd., Annual General Meeting, May 21, 2024, at 14:30 China Standard Time. Location: No. 196, Xiaodongmen Jiekou, Jianshe North Road, Taiyuan, Shanxi ChinaReported Earnings • Apr 27First quarter 2024 earnings released: EPS: CN¥0.18 (vs CN¥0.25 in 1Q 2023)First quarter 2024 results: EPS: CN¥0.18 (down from CN¥0.25 in 1Q 2023). Revenue: CN¥18.3b (down 7.9% from 1Q 2023). Net income: CN¥3.05b (down 17% from 1Q 2023). Profit margin: 17% (down from 18% in 1Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 2.9% p.a. on average during the next 3 years, compared to a 9.4% growth forecast for the Transportation industry in China. Over the last 3 years on average, earnings per share has fallen by 3% 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 • Mar 29Daqin Railway Co., Ltd. to Report Q1, 2024 Results on Apr 27, 2024Daqin Railway Co., Ltd. announced that they will report Q1, 2024 results on Apr 27, 2024お知らせ • Dec 30Daqin Railway Co., Ltd. to Report Fiscal Year 2023 Results on Apr 27, 2024Daqin Railway Co., Ltd. announced that they will report fiscal year 2023 results on Apr 27, 2024Reported Earnings • Oct 27Third quarter 2023 earnings released: EPS: CN¥0.23 (vs CN¥0.24 in 3Q 2022)Third quarter 2023 results: EPS: CN¥0.23. Revenue: CN¥20.4b (up 2.6% from 3Q 2022). Net income: CN¥3.57b (up 2.3% from 3Q 2022). Profit margin: 18% (in line with 3Q 2022). Revenue is forecast to grow 5.0% p.a. on average during the next 3 years, compared to a 6.6% growth forecast for the Transportation industry in Asia.Reported Earnings • Aug 29Second quarter 2023 earnings released: EPS: CN¥0.26 (vs CN¥0.29 in 2Q 2022)Second quarter 2023 results: EPS: CN¥0.26 (down from CN¥0.29 in 2Q 2022). Revenue: CN¥20.6b (flat on 2Q 2022). Net income: CN¥3.88b (down 11% from 2Q 2022). Profit margin: 19% (down from 21% in 2Q 2022). Revenue is forecast to grow 4.6% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Transportation industry in China. Over the last 3 years on average, earnings per share has increased by 2% per year whereas the company’s share price has increased by 3% per year.New Risk • Jul 06New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.0% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 0.04% per year for the foreseeable future. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Shareholders have been diluted in the past year (2.0% increase in shares outstanding).お知らせ • Jun 28Daqin Railway Co., Ltd. to Report First Half, 2023 Results on Aug 29, 2023Daqin Railway Co., Ltd. announced that they will report first half, 2023 results on Aug 29, 2023Buying Opportunity • Jun 14Now 20% undervaluedOver the last 90 days, the stock is up 2.7%. The fair value is estimated to be CN¥9.44, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue is forecast to grow by 9.1% in 2 years. Earnings is forecast to grow by 4.3% in the next 2 years.Reported Earnings • Apr 28First quarter 2023 earnings released: EPS: CN¥0.25 (vs CN¥0.20 in 1Q 2022)First quarter 2023 results: EPS: CN¥0.25 (up from CN¥0.20 in 1Q 2022). Revenue: CN¥19.8b (up 8.7% from 1Q 2022). Net income: CN¥3.65b (up 23% from 1Q 2022). Profit margin: 18% (up from 16% in 1Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.7% p.a. on average during the next 2 years, compared to a 10% growth forecast for the Transportation industry in Asia. Over the last 3 years on average, earnings per share has increased by 2% per year and the company’s share price has also increased by 2% per year.Board Change • Nov 16High 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. No experienced directors. No highly experienced directors. Employee Representative Supervisor Jianzhong Song is the most experienced director on the board, commencing their role in 2020. 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 28Third quarter 2022 earnings released: EPS: CN¥0.24 (vs CN¥0.19 in 3Q 2021)Third quarter 2022 results: EPS: CN¥0.24 (up from CN¥0.19 in 3Q 2021). Revenue: CN¥19.8b (up 4.3% from 3Q 2021). Net income: CN¥3.49b (up 25% from 3Q 2021). Profit margin: 18% (up from 15% in 3Q 2021). Revenue is forecast to grow 2.7% p.a. on average during the next 3 years, compared to a 9.8% growth forecast for the Transportation industry in Asia. Over the last 3 years on average, earnings per share has fallen by 2% per year whereas the company’s share price has fallen by 5% per year.Reported Earnings • Aug 31Second quarter 2022 earnings released: EPS: CN¥0.29 (vs CN¥0.26 in 2Q 2021)Second quarter 2022 results: EPS: CN¥0.29 (up from CN¥0.26 in 2Q 2021). Revenue: CN¥20.7b (up 7.7% from 2Q 2021). Net income: CN¥4.35b (up 13% from 2Q 2021). Profit margin: 21% (in line with 2Q 2021). Over the next year, revenue is forecast to grow 3.3%, compared to a 15% growth forecast for the Transportation industry in China. 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 6% per year.Reported Earnings • May 02First quarter 2022 earnings released: EPS: CN¥0.20 (vs CN¥0.24 in 1Q 2021)First quarter 2022 results: EPS: CN¥0.20 (down from CN¥0.24 in 1Q 2021). Revenue: CN¥18.3b (down 5.9% from 1Q 2021). Net income: CN¥2.97b (down 18% from 1Q 2021). Profit margin: 16% (down from 19% in 1Q 2021). The decrease in margin was driven by lower revenue. Over the next year, revenue is forecast to grow 5.2%, compared to a 17% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has fallen by 7% per year and the company’s share price has also fallen by 7% per year.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 (7 non-independent directors). Chairman Shaoqing Yang was the last director to join the board, commencing their role in 2011. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Reported Earnings • Oct 31Third quarter 2021 earnings released: EPS CN¥0.19 (vs CN¥0.22 in 3Q 2020)The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: CN¥19.0b (down 1.0% from 3Q 2020). Net income: CN¥2.79b (down 16% from 3Q 2020). Profit margin: 15% (down from 17% 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 9% per year whereas the company’s share price has fallen by 8% per year.Reported Earnings • Aug 28Second quarter 2021 earnings released: EPS CN¥0.26 (vs CN¥0.21 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CN¥19.2b (up 11% from 2Q 2020). Net income: CN¥3.84b (up 28% from 2Q 2020). Profit margin: 20% (up from 17% in 2Q 2020). The increase in margin was driven by higher revenue. 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 11% per year.Reported Earnings • Apr 30First quarter 2021 earnings released: EPS CN¥0.24 (vs CN¥0.17 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: CN¥19.4b (up 20% from 1Q 2020). Net income: CN¥3.62b (up 41% from 1Q 2020). Profit margin: 19% (up from 16% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 10% per year whereas the company’s share price has fallen by 8% per year.Analyst Estimate Surprise Post Earnings • Oct 29Third-quarter earnings released: Revenue misses expectationsThird-quarter revenue missed analyst estimates by 3.2% at CN¥19.2b. Revenue is forecast to grow 8.8% over the next year, compared to a 16% growth forecast for the Transportation industry in China.Reported Earnings • Oct 29Third quarter earnings releasedOver the last 12 months the company has reported total profits of CN¥10.5b, down 26% from the prior year. Total revenue was CN¥72.7b over the last 12 months, down 8.9% from the prior year.業績と収益の成長予測XSSC:601006 - 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12/31/202885,9918,3647,09313,215512/31/202782,4107,8745,39012,401812/31/202680,2657,4114,84811,57883/31/202678,4145,638-20,9957,376N/A12/31/202577,6455,900-22,1954,987N/A9/30/202576,4716,9363,9038,339N/A6/30/202575,3067,5673,3377,407N/A3/31/202574,1608,8401,7106,067N/A12/31/202474,6279,0394,7849,317N/A9/30/202475,4379,4221,9758,870N/A6/30/202477,18610,2565,58912,076N/A3/31/202479,44911,3217,23814,534N/A12/31/202381,02011,9309,95417,246N/A9/30/202377,79111,4976,53813,725N/A6/30/202377,26711,4188,88816,150N/A3/31/202377,33911,88411,81319,269N/A12/31/202275,75811,1968,97916,102N/A9/30/202279,81112,73915,08319,617N/A6/30/202279,00212,03511,30415,689N/A3/31/202277,52911,52511,80615,733N/A12/31/202178,68212,18115,28918,898N/A9/30/202177,46612,24315,50717,143N/A6/30/202177,67012,73617,24419,425N/A3/31/202175,80711,85715,17716,982N/A12/31/202072,66310,76610,41412,700N/A9/30/202072,87610,3579,92614,158N/A6/30/202073,25511,1227,91312,917N/A3/31/202076,44112,1977,12611,601N/A12/31/201979,91713,669N/A15,023N/A9/30/201979,87114,226N/A15,852N/A6/30/201980,57214,232N/A17,157N/A3/31/201979,63414,374N/A17,904N/A12/31/201878,34514,544N/A17,888N/A9/30/201874,44514,514N/A19,141N/A6/30/201868,52214,075N/A18,230N/A3/31/201863,84114,359N/A20,374N/A12/31/201757,83913,345N/A20,081N/A9/30/201754,77513,260N/A17,941N/A6/30/201750,75611,111N/A13,547N/A3/31/201745,9638,275N/A9,675N/A12/31/201644,6257,168N/A6,275N/A9/30/201643,7166,604N/A3,620N/A6/30/201646,1888,987N/A6,431N/A3/31/201649,76510,986N/A11,152N/A12/31/201552,53112,648N/A14,118N/A9/30/201553,79114,209N/A14,833N/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: 601006の予測収益成長率 (年間13% ) は 貯蓄率 ( 2.4% ) を上回っています。収益対市場: 601006の収益 ( 13% ) CN市場 ( 27.9% ) よりも低い成長が予測されています。高成長収益: 601006の収益は増加すると予測されていますが、大幅には増加しません。収益対市場: 601006の収益 ( 3.2% ) CN市場 ( 17.1% ) よりも低い成長が予測されています。高い収益成長: 601006の収益 ( 3.2% ) 20%よりも低い成長が予測されています。一株当たり利益成長率予想将来の株主資本利益率将来のROE: 601006の 自己資本利益率 は、3年後には低くなると予測されています ( 4.7 %)。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2026/07/09 04:31終値2026/07/09 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、レポートの使い方に関する ガイド や YouTube の チュートリアル もご用意しています。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Daqin Railway Co., Ltd. 8 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。25 アナリスト機関Shichen HanBofA Global ResearchYanli QiBohai Securities Co., Ltd.Wenjie ZhangChina International Capital Corporation Limited22 その他のアナリストを表示
Declared Dividend • Jul 06Dividend of CN¥0.14 announcedShareholders will receive a dividend of CN¥0.14. Ex-date: 10th July 2026 Payment date: 10th July 2026 Dividend yield will be 4.6%, which is higher than the industry average of 2.2%. Sustainability & Growth Dividend is covered by earnings (77% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 42% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
お知らせ • Jun 30Daqin Railway Co., Ltd. to Report First Half, 2026 Results on Aug 21, 2026Daqin Railway Co., Ltd. announced that they will report first half, 2026 results on Aug 21, 2026
Board Change • May 20Less than half of directors are independentFollowing the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 7 non-independent directors. Independent Director Yujie Zhu was the last independent director to join the board, commencing their role in 2023. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
お知らせ • Apr 30Daqin Railway Co., Ltd., Annual General Meeting, May 21, 2026Daqin Railway Co., Ltd., Annual General Meeting, May 21, 2026, at 14:30 China Standard Time. Location: No. 196, Xiaodongmen Jiekou, Jianshe North Road, Taiyuan, Shanxi China
お知らせ • Mar 30Daqin Railway Co., Ltd. to Report Q1, 2026 Results on Apr 30, 2026Daqin Railway Co., Ltd. announced that they will report Q1, 2026 results on Apr 30, 2026
お知らせ • Dec 26Daqin Railway Co., Ltd. to Report Fiscal Year 2025 Results on Apr 30, 2026Daqin Railway Co., Ltd. announced that they will report fiscal year 2025 results on Apr 30, 2026
お知らせ • Sep 30Daqin Railway Co., Ltd. to Report Q3, 2025 Results on Oct 30, 2025Daqin Railway Co., Ltd. announced that they will report Q3, 2025 results on Oct 30, 2025
お知らせ • Jun 30Daqin Railway Co., Ltd. to Report First Half, 2025 Results on Aug 29, 2025Daqin Railway Co., Ltd. announced that they will report first half, 2025 results on Aug 29, 2025
お知らせ • Apr 30Daqin Railway Co., Ltd., Annual General Meeting, May 21, 2025Daqin Railway Co., Ltd., Annual General Meeting, May 21, 2025, at 14:30 China Standard Time. Location: No. 196, Xiaodongmen Jiekou, Jianshe North Road, Taiyuan, Shanxi China
お知らせ • Mar 28Daqin Railway Co., Ltd. to Report Q1, 2025 Results on Apr 30, 2025Daqin Railway Co., Ltd. announced that they will report Q1, 2025 results on Apr 30, 2025
お知らせ • Dec 27Daqin Railway Co., Ltd. to Report Fiscal Year 2024 Results on Apr 30, 2025Daqin Railway Co., Ltd. announced that they will report fiscal year 2024 results on Apr 30, 2025
お知らせ • Sep 30Daqin Railway Co., Ltd. to Report Q3, 2024 Results on Oct 30, 2024Daqin Railway Co., Ltd. announced that they will report Q3, 2024 results on Oct 30, 2024
Reported Earnings • Aug 29Second quarter 2024 earnings released: EPS: CN¥0.16 (vs CN¥0.26 in 2Q 2023)Second quarter 2024 results: EPS: CN¥0.16 (down from CN¥0.26 in 2Q 2023). Revenue: CN¥18.3b (down 11% from 2Q 2023). Net income: CN¥2.82b (down 27% from 2Q 2023). Profit margin: 15% (down from 19% in 2Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 3.1% p.a. on average during the next 3 years, compared to a 4.4% growth forecast for the Transportation industry in Asia. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has remained flat, which means it is well ahead of earnings.
Buy Or Sell Opportunity • Aug 29Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 13% to CN¥6.15. The fair value is estimated to be CN¥7.80, however this is not to be taken as a buy 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 5.9%. Revenue is forecast to grow by 7.7% in 2 years. Earnings are forecast to grow by 15% in the next 2 years.
Declared Dividend • Jul 06Dividend reduced to CN¥0.38Dividend of CN¥0.38 is 20% lower than last year. Ex-date: 11th July 2024 Payment date: 11th July 2024 Dividend yield will be 5.3%, which is higher than the industry average of 2.2%. Sustainability & Growth Dividend is covered by earnings (61% earnings payout ratio) but not covered by cash flows (110% cash payout ratio). The dividend has increased over the past 10 years. However, payments have been volatile during that time. EPS is expected to decline by 8.2% over the next 3 years. However, it would need to fall by 32% to increase the payout ratio to a potentially unsustainable range.
お知らせ • Jun 28Daqin Railway Co., Ltd. to Report First Half, 2024 Results on Aug 30, 2024Daqin Railway Co., Ltd. announced that they will report first half, 2024 results on Aug 30, 2024
お知らせ • Apr 29Daqin Railway Co., Ltd., Annual General Meeting, May 21, 2024Daqin Railway Co., Ltd., Annual General Meeting, May 21, 2024, at 14:30 China Standard Time. Location: No. 196, Xiaodongmen Jiekou, Jianshe North Road, Taiyuan, Shanxi China
Reported Earnings • Apr 27First quarter 2024 earnings released: EPS: CN¥0.18 (vs CN¥0.25 in 1Q 2023)First quarter 2024 results: EPS: CN¥0.18 (down from CN¥0.25 in 1Q 2023). Revenue: CN¥18.3b (down 7.9% from 1Q 2023). Net income: CN¥3.05b (down 17% from 1Q 2023). Profit margin: 17% (down from 18% in 1Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 2.9% p.a. on average during the next 3 years, compared to a 9.4% growth forecast for the Transportation industry in China. Over the last 3 years on average, earnings per share has fallen by 3% 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 • Mar 29Daqin Railway Co., Ltd. to Report Q1, 2024 Results on Apr 27, 2024Daqin Railway Co., Ltd. announced that they will report Q1, 2024 results on Apr 27, 2024
お知らせ • Dec 30Daqin Railway Co., Ltd. to Report Fiscal Year 2023 Results on Apr 27, 2024Daqin Railway Co., Ltd. announced that they will report fiscal year 2023 results on Apr 27, 2024
Reported Earnings • Oct 27Third quarter 2023 earnings released: EPS: CN¥0.23 (vs CN¥0.24 in 3Q 2022)Third quarter 2023 results: EPS: CN¥0.23. Revenue: CN¥20.4b (up 2.6% from 3Q 2022). Net income: CN¥3.57b (up 2.3% from 3Q 2022). Profit margin: 18% (in line with 3Q 2022). Revenue is forecast to grow 5.0% p.a. on average during the next 3 years, compared to a 6.6% growth forecast for the Transportation industry in Asia.
Reported Earnings • Aug 29Second quarter 2023 earnings released: EPS: CN¥0.26 (vs CN¥0.29 in 2Q 2022)Second quarter 2023 results: EPS: CN¥0.26 (down from CN¥0.29 in 2Q 2022). Revenue: CN¥20.6b (flat on 2Q 2022). Net income: CN¥3.88b (down 11% from 2Q 2022). Profit margin: 19% (down from 21% in 2Q 2022). Revenue is forecast to grow 4.6% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Transportation industry in China. Over the last 3 years on average, earnings per share has increased by 2% per year whereas the company’s share price has increased by 3% per year.
New Risk • Jul 06New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.0% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 0.04% per year for the foreseeable future. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Shareholders have been diluted in the past year (2.0% increase in shares outstanding).
お知らせ • Jun 28Daqin Railway Co., Ltd. to Report First Half, 2023 Results on Aug 29, 2023Daqin Railway Co., Ltd. announced that they will report first half, 2023 results on Aug 29, 2023
Buying Opportunity • Jun 14Now 20% undervaluedOver the last 90 days, the stock is up 2.7%. The fair value is estimated to be CN¥9.44, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue is forecast to grow by 9.1% in 2 years. Earnings is forecast to grow by 4.3% in the next 2 years.
Reported Earnings • Apr 28First quarter 2023 earnings released: EPS: CN¥0.25 (vs CN¥0.20 in 1Q 2022)First quarter 2023 results: EPS: CN¥0.25 (up from CN¥0.20 in 1Q 2022). Revenue: CN¥19.8b (up 8.7% from 1Q 2022). Net income: CN¥3.65b (up 23% from 1Q 2022). Profit margin: 18% (up from 16% in 1Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.7% p.a. on average during the next 2 years, compared to a 10% growth forecast for the Transportation industry in Asia. Over the last 3 years on average, earnings per share has increased by 2% per year and the company’s share price has also increased by 2% per year.
Board Change • Nov 16High 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. No experienced directors. No highly experienced directors. Employee Representative Supervisor Jianzhong Song is the most experienced director on the board, commencing their role in 2020. 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 28Third quarter 2022 earnings released: EPS: CN¥0.24 (vs CN¥0.19 in 3Q 2021)Third quarter 2022 results: EPS: CN¥0.24 (up from CN¥0.19 in 3Q 2021). Revenue: CN¥19.8b (up 4.3% from 3Q 2021). Net income: CN¥3.49b (up 25% from 3Q 2021). Profit margin: 18% (up from 15% in 3Q 2021). Revenue is forecast to grow 2.7% p.a. on average during the next 3 years, compared to a 9.8% growth forecast for the Transportation industry in Asia. Over the last 3 years on average, earnings per share has fallen by 2% per year whereas the company’s share price has fallen by 5% per year.
Reported Earnings • Aug 31Second quarter 2022 earnings released: EPS: CN¥0.29 (vs CN¥0.26 in 2Q 2021)Second quarter 2022 results: EPS: CN¥0.29 (up from CN¥0.26 in 2Q 2021). Revenue: CN¥20.7b (up 7.7% from 2Q 2021). Net income: CN¥4.35b (up 13% from 2Q 2021). Profit margin: 21% (in line with 2Q 2021). Over the next year, revenue is forecast to grow 3.3%, compared to a 15% growth forecast for the Transportation industry in China. 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 6% per year.
Reported Earnings • May 02First quarter 2022 earnings released: EPS: CN¥0.20 (vs CN¥0.24 in 1Q 2021)First quarter 2022 results: EPS: CN¥0.20 (down from CN¥0.24 in 1Q 2021). Revenue: CN¥18.3b (down 5.9% from 1Q 2021). Net income: CN¥2.97b (down 18% from 1Q 2021). Profit margin: 16% (down from 19% in 1Q 2021). The decrease in margin was driven by lower revenue. Over the next year, revenue is forecast to grow 5.2%, compared to a 17% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has fallen by 7% per year and the company’s share price has also fallen by 7% per year.
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 (7 non-independent directors). Chairman Shaoqing Yang was the last director to join the board, commencing their role in 2011. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Reported Earnings • Oct 31Third quarter 2021 earnings released: EPS CN¥0.19 (vs CN¥0.22 in 3Q 2020)The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: CN¥19.0b (down 1.0% from 3Q 2020). Net income: CN¥2.79b (down 16% from 3Q 2020). Profit margin: 15% (down from 17% 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 9% per year whereas the company’s share price has fallen by 8% per year.
Reported Earnings • Aug 28Second quarter 2021 earnings released: EPS CN¥0.26 (vs CN¥0.21 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CN¥19.2b (up 11% from 2Q 2020). Net income: CN¥3.84b (up 28% from 2Q 2020). Profit margin: 20% (up from 17% in 2Q 2020). The increase in margin was driven by higher revenue. 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 11% per year.
Reported Earnings • Apr 30First quarter 2021 earnings released: EPS CN¥0.24 (vs CN¥0.17 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: CN¥19.4b (up 20% from 1Q 2020). Net income: CN¥3.62b (up 41% from 1Q 2020). Profit margin: 19% (up from 16% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 10% per year whereas the company’s share price has fallen by 8% per year.
Analyst Estimate Surprise Post Earnings • Oct 29Third-quarter earnings released: Revenue misses expectationsThird-quarter revenue missed analyst estimates by 3.2% at CN¥19.2b. Revenue is forecast to grow 8.8% over the next year, compared to a 16% growth forecast for the Transportation industry in China.
Reported Earnings • Oct 29Third quarter earnings releasedOver the last 12 months the company has reported total profits of CN¥10.5b, down 26% from the prior year. Total revenue was CN¥72.7b over the last 12 months, down 8.9% from the prior year.