China Everbright(EVI)株式概要チャイナ・エバーブライト・リミテッドは、香港、中国本土、および国際的に金融サービスを提供しています。 詳細EVI ファンダメンタル分析スノーフレーク・スコア評価0/6将来の成長0/6過去の実績0/6財務の健全性2/6配当金2/6リスク分析過去5年間で収益は年間30.1%減少しました。 German市場と比較した過去 3 か月間の株価の変動1.71%の配当は利益で十分にカバーされていない すべてのリスクチェックを見るEVI Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.NEW482,831 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 NarrativeBLINRODA482,831 investors already sharing narrativesYour Fair Value€Current Price€0.631.8k% 割高 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture-7b6b2016201920222025202620282031Revenue HK$195.5mEarnings HK$56.9mAdvancedSet Fair ValueView all narrativesChina Everbright Limited 競合他社Deutsche BalatonSymbol: HMSE:BBHKMarket cap: €325.4mBerliner EffektengesellschaftSymbol: DB:BFVMarket cap: €948.0mCHAPTERS GroupSymbol: XTRA:CHGMarket cap: €1.1bMLPSymbol: XTRA:MLPMarket cap: €916.4m価格と性能株価の高値、安値、推移の概要China Everbright過去の株価現在の株価HK$0.6352週高値HK$1.3652週安値HK$0.57ベータ1.01ヶ月の変化1.61%3ヶ月変化-14.29%1年変化-39.42%3年間の変化24.75%5年間の変化-34.38%IPOからの変化-67.96%最新ニュースNew Risk • Aug 13New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 7.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 30% per year over the past 5 years. Minor Risks Paying a dividend despite being loss-making. Share price has been volatile over the past 3 months (7.6% average weekly change).お知らせ • Aug 01China Everbright Limited Provides Consolidated Earnings Guidance for the Group for the Six Months Ended 30 June 2026China Everbright Limited provided consolidated earnings guidance for the Group for the six months ended 30 June 2026. For the period, the company expects to record a decrease of approximately 70% to 80% in its profit attributable to shareholders of the Company for the Period, as compared to a profit attributable to shareholders of the Company of approximately HKD 399 million for the corresponding period in 2025. The expected decrease in profit is mainly attributable to a decrease in net investment income from private equity investments and an increase in impairment losses on advances to customers.お知らせ • Jul 27China Everbright Limited to Report First Half, 2026 Results on Aug 27, 2026China Everbright Limited announced that they will report first half, 2026 results on Aug 27, 2026Board Change • May 20High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. VP & Executive Director Yang Su was the last director to join the board, commencing their role in 2025. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.お知らせ • Mar 26China Everbright Limited, Annual General Meeting, May 14, 2026China Everbright Limited, Annual General Meeting, May 14, 2026.お知らせ • Jan 23China Everbright Limited to Report Fiscal Year 2025 Results on Mar 26, 2026China Everbright Limited announced that they will report fiscal year 2025 results on Mar 26, 2026最新情報をもっと見るRecent updatesNew Risk • Aug 13New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 7.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 30% per year over the past 5 years. Minor Risks Paying a dividend despite being loss-making. Share price has been volatile over the past 3 months (7.6% average weekly change).お知らせ • Aug 01China Everbright Limited Provides Consolidated Earnings Guidance for the Group for the Six Months Ended 30 June 2026China Everbright Limited provided consolidated earnings guidance for the Group for the six months ended 30 June 2026. For the period, the company expects to record a decrease of approximately 70% to 80% in its profit attributable to shareholders of the Company for the Period, as compared to a profit attributable to shareholders of the Company of approximately HKD 399 million for the corresponding period in 2025. The expected decrease in profit is mainly attributable to a decrease in net investment income from private equity investments and an increase in impairment losses on advances to customers.お知らせ • Jul 27China Everbright Limited to Report First Half, 2026 Results on Aug 27, 2026China Everbright Limited announced that they will report first half, 2026 results on Aug 27, 2026Board Change • May 20High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. VP & Executive Director Yang Su was the last director to join the board, commencing their role in 2025. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.お知らせ • Mar 26China Everbright Limited, Annual General Meeting, May 14, 2026China Everbright Limited, Annual General Meeting, May 14, 2026.お知らせ • Jan 23China Everbright Limited to Report Fiscal Year 2025 Results on Mar 26, 2026China Everbright Limited announced that they will report fiscal year 2025 results on Mar 26, 2026お知らせ • Aug 29China Everbright Limited Announces Interim Dividend for the Six Months Ended 30 June 2025 , Payable October 10, 2025China Everbright Limited announced interim dividend of HKD 0.05 per share for the six months ended June 30, 2025. Ex-dividend date is 17 September 2025, Record date is 24 September 2025 and Payment date is 10 October 2025.お知らせ • Jul 25China Everbright Limited to Report First Half, 2025 Results on Aug 28, 2025China Everbright Limited announced that they will report first half, 2025 results on Aug 28, 2025お知らせ • May 22China Everbright Limited Approves to Declare Final Dividend for the Year Ended 31 December 2024China Everbright Limited at its AGM held on May 22, 2025 approved to declare a final dividend of HKD 0.05 per share for the year ended 31 December 2024.お知らせ • Mar 27+ 1 more updateChina Everbright Limited, Annual General Meeting, May 22, 2025China Everbright Limited, Annual General Meeting, May 22, 2025.お知らせ • Jan 23China Everbright Limited to Report Fiscal Year 2024 Results on Mar 27, 2025China Everbright Limited announced that they will report fiscal year 2024 results on Mar 27, 2025Reported Earnings • Sep 18First half 2024 earnings released: HK$0.76 loss per share (vs HK$0.19 profit in 1H 2023)First half 2024 results: HK$0.76 loss per share (down from HK$0.19 profit in 1H 2023). Net loss: HK$1.28b (down HK$1.59b from profit in 1H 2023). Revenue is forecast to grow 111% p.a. on average during the next 2 years, compared to a 1.4% growth forecast for the Capital Markets industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 42 percentage points per year, which is a significant difference in performance.New Risk • Sep 05New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 6.9% 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 (7.2% operating cash flow to total debt). Earnings have declined by 57% per year over the past 5 years. Revenue is less than US$1m. Minor Risks Paying a dividend despite being loss-making. Share price has been volatile over the past 3 months (6.9% average weekly change).Declared Dividend • Sep 01First half dividend of HK$0.05 announcedShareholders will receive a dividend of HK$0.05. Ex-date: 17th September 2024 Payment date: 10th October 2024 Dividend yield will be 17%, which is higher than the industry average of 2.7%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months. However, the dividend is well covered by cash flows (14% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments.お知らせ • Jul 29China Everbright Limited to Report First Half, 2024 Results on Aug 29, 2024China Everbright Limited announced that they will report first half, 2024 results on Aug 29, 2024お知らせ • May 24China Everbright Limited Approves Final Dividend for the Year Ended 31 December 2023China Everbright Limited at its AGM held on May 23, 2024, approved to declare a final dividend of HKD 0.10 per share for the year ended 31 December 2023.Upcoming Dividend • May 21Upcoming dividend of HK$0.10 per shareEligible shareholders must have bought the stock before 28 May 2024. Payment date: 14 June 2024. The company is not currently making a profit but it is cash flow positive. Trailing yield: 4.3%. Lower than top quartile of German dividend payers (4.6%). Higher than average of industry peers (2.7%).お知らせ • Apr 05China Everbright Limited Announces Management ChangesThe board of directors of China Everbright Limited announced that with effect from 5 April 2024, Mr. An Xuesong (Mr. An) has been appointed as an Executive Director and the Vice President of the Group in charge of finance, and a member of the Executive Board Committee, Strategy Committee and Environmental, Social and Governance Committee of the Board. The biographical details of Mr. An are set out below: Mr. An Xuesong, aged 53, is an Executive Director and the Vice President of the Group in charge of finance, a member of the Executive Board Committee, Strategy Committee and Environmental, Social and Governance Committee of the Board, and also a member of the Management Decision Committee of the Group. Mr. An was the executive director, vice president and chief financial officer of China Everbright Environment Group Limited (stock code: 257.HK) from October 2021 to March 2024. He was the executive director and chief executive officer of China Everbright Water Limited (stock code: U9E.SG, 1857.HK) from December 2014 to October 2021. Prior to that, Mr. An worked at the Municipal General Office of Jingzhou, Hubei Province and Guangdong Technology Venture Capital Group Ltd. Mr. An has comprehensive experience in mergers and acquisitions, project investment and management, financial management and risk management. Mr. An holds a Master's degree in Business Administration from Jinan University. He is a Certified Public Accountant in the People's Republic of China and a Certified International Internal Auditor. Following the appointment of Mr. An, the Board announces that Ms. Wang Yun ("Ms. Wang") ceased to be the Vice President of the Group in charge of finance with effect from 5 April 2024. Ms. Wang will continue to serve as the Executive Director and the Vice President of the Group and will be in charge of the businesses such as proprietary investments management, asset allocation and investment management centre and operations centre. She will also continue to serve as a member of the Executive Board Committee and Environmental, Social and Governance Committee of the Board, and a member of the Management Decision Committee of the Group.New Risk • Mar 25New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 6.9% 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 (9.8% operating cash flow to total debt). Earnings have declined by 58% per year over the past 5 years. Minor Risks Paying a dividend despite being loss-making. Share price has been volatile over the past 3 months (6.9% average weekly change).Reported Earnings • Mar 24Full year 2023 earnings released: HK$1.14 loss per share (vs HK$4.42 loss in FY 2022)Full year 2023 results: HK$1.14 loss per share (improved from HK$4.42 loss in FY 2022). Net loss: HK$1.92b (loss narrowed 74% from FY 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 66 percentage points per year, which is a significant difference in performance.お知らせ • Mar 23+ 2 more updatesChina Everbright Limited, Annual General Meeting, May 23, 2024China Everbright Limited, Annual General Meeting, May 23, 2024. Agenda: To consider board changes.お知らせ • Jan 19China Everbright Limited to Report Fiscal Year 2023 Results on Mar 22, 2024China Everbright Limited announced that they will report fiscal year 2023 results on Mar 22, 2024Buying Opportunity • Jan 06Now 20% undervaluedThe stock has been flat over the last 90 days. The fair value is estimated to be €0.64, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 83% over the last 3 years. Meanwhile, the company became loss making.Buying Opportunity • Dec 21Now 24% undervalued after recent price dropOver the last 90 days, the stock is down 6.3%. The fair value is estimated to be €0.65, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 83% over the last 3 years. Meanwhile, the company became loss making.Buying Opportunity • Nov 28Now 20% undervaluedThe stock has been flat over the last 90 days. The fair value is estimated to be €0.68, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 83% over the last 3 years. Meanwhile, the company became loss making.Upcoming Dividend • Sep 08Upcoming dividend of HK$0.15 per share at 6.5% yieldEligible shareholders must have bought the stock before 15 September 2023. Payment date: 06 October 2023. The company is not currently making a profit but it is cash flow positive. Trailing yield: 6.5%. Within top quartile of German dividend payers (4.9%). Higher than average of industry peers (3.1%).Reported Earnings • Aug 27First half 2023 earnings released: EPS: HK$0.19 (vs HK$1.58 loss in 1H 2022)First half 2023 results: EPS: HK$0.19 (up from HK$1.58 loss in 1H 2022). Net income: HK$312.7m (up HK$2.97b from 1H 2022). Revenue is forecast to grow 103% p.a. on average during the next 2 years, while revenues in the Capital Markets industry in Germany are expected to remain flat. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 75 percentage points per year, which is a significant difference in performance.お知らせ • Aug 26China Everbright Limited Announces an Interim Dividend for the Six Months Ended 30 June 2023, Payable on 6 October 2023China Everbright Limited announced an interim dividend of HKD 0.15 per share for the six months ended 30 June 2023. Ex-dividend date is 15 September 2023. Record date is 22 September 2023. Payment date is 6 October 2023.お知らせ • Jul 24China Everbright Limited to Report First Half, 2023 Results on Aug 25, 2023China Everbright Limited announced that they will report first half, 2023 results on Aug 25, 2023Buying Opportunity • Jul 10Now 22% undervalued after recent price dropOver the last 90 days, the stock is down 19%. The fair value is estimated to be €0.67, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 56% over the last 3 years. Meanwhile, the company became loss making.Buying Opportunity • Jun 23Now 23% undervalued after recent price dropOver the last 90 days, the stock is down 20%. The fair value is estimated to be €0.68, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 56% over the last 3 years. Meanwhile, the company became loss making.お知らせ • Jun 16China Everbright Limited Approves to Declare A Final Dividend for the Year Ended 31 December 2022China Everbright Limited at it's Annual General Meeting held on 15 June 2023 approved to declare a final dividend of HKD 0.15 per share for the year ended 31 December 2022.Upcoming Dividend • Jun 13Upcoming dividend of HK$0.15 per share at 6.0% yieldEligible shareholders must have bought the stock before 20 June 2023. Payment date: 06 July 2023. The company is not currently making a profit but it is cash flow positive. Trailing yield: 6.0%. Within top quartile of German dividend payers (4.7%). Higher than average of industry peers (3.0%).お知らせ • Jun 05China Everbright Limited, Ying Li International Real Estate Limited, Chongqing Yingli Real Estate Development Co., Ltd., Chongqing Yingli Qipaifang Real Estate Development Co., Ltd. Update on LitigationThe Board of Directors of Ying Li International Real Estate Limited refers to the announcement released by the Company (a) on 3 February 2021 (the "Ying Li Announcement on Litigation") relating to the legal proceedings (the "Legal Proceedings") commenced by Mr. Fang Ming (the "Plaintiff") in the Chongqing No. 5 Intermediate People's Court of the People's Republic of China (the " Court") against the following 6 companies as defendants: (i) the Company's controlling shareholder, China Everbright Limited ("CEL"); (ii) the Company; and (iii) certain subsidiaries of the Company, namely, Chongqing Yingli Real Estate Development Co. Ltd., Chongqing San Ya Wan Aquatic Products Integrative Trading Market Development Co. Ltd., ChongQing Yingli Guangsheng Hardware Electrical Wholesale Centre Development Co. Ltd. and Chongqing Yingli Qipaifang Real Estate Development Co. Ltd. (collectively, the "Subsidiaries"). The Board wishes to update the Company's shareholders on the status of the Legal Proceedings as follows: as set out in the announcement released by CEL on 1 June 2023, CEL is satisfied with the First- instances Judgement and had filed an appeal to the Chongqing Higher People's Court in accordance with the laws of the People's Republic ofChina and the Chongqing Higher People' Court accepted the case on 31 May 2023; according to the relevant case materials delivered by the Court, the Company understands that the plaintiff has also declined to accept the First- Inst Inst Institutional judgment and has filed an appeal to the ChongQing Higher People's Court; and the Legal Proceedings have entered into the second- instance legal proceedings stage, and the outcome of the Legal Proceedings will be based on the final enforceable judgment pursuant to the laws of the People'sRepublic of China. The Board will make further announcements as and when there are any material developments in relation to the Legal Proceedings.Buying Opportunity • May 31Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 14%. The fair value is estimated to be €0.73, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 56% over the last 3 years. Meanwhile, the company became loss making.お知らせ • May 06+ 1 more updateChina Everbright Limited Announces Executive ChangesThe board of directors of China Everbright Limited announced that on 5 May 2023, the Board has received a resignation letter from Mr. Wang Hongyang (Mr. Wang) in which Mr. Wang has tendered his resignation as an executive Director and vice president due to his determination to pursue personal career developments and his actual family needs. The Board has accordingly accepted Mr. Wang's resignation with effect from 5 May 2023. Mr. Wang has confirmed that he has no disagreement with the Board and there are no matters with respect to his resignation that needs to be brought to the attention of the shareholders of the Company and The Stock Exchange of Hong Kong Limited. The Board further announced that with effect from 5 May 2023, Ms. Wang Yun (Ms. Wang) has been appointed as an executive Director and vice president of the Company in charge of finance. Ms. Wang Yun, aged 54, is a non-executive director of Everbright Grand China Assets Limited. Prior to joining the Company, Ms. Wang worked at the National Planning Commission of the People's Republic of China (currently known as the National Development and Reform Commission of the People's Republic of China) from September 1991 to July 1992. From July 1992 to March 1993, Ms. Wang worked as the finance manager at Beijing Fulanka Digital System Co. Ltd. From March 1993 to May 1998, Ms. Wang worked as the finance supervisor at China Everbright International Economic and Technical Cooperation Corporation. From May 1998 to November 1999, Ms. Wang worked as the financial manager at China Everbright (South Africa) Company (Proprietary) Limited (Everbright South Africa) and Everbright International Engineering (Proprietary) Company (Everbright International Engineering). From November 1999 to September 2007, Ms. Wang worked as the chief financial officer of Everbright South Africa and Everbright International Engineering. From September 2007 to October 2012, Ms. Wang worked as the senior manager of insurance and non-financial audit division of the audit department at China Everbright (Group) Limited (currently known as China Everbright Group Limited) (China Everbright Group). From October 2012 to April 2014, Ms. Wang was appointed as the division chief of banking division of the audit department at China Everbright Group. From April 2014 to August 2016, Ms. Wang worked as the senior deputy manager of the audit department and the division chief of insurance and non-financial audit division at China Everbright Group. From August 2016 to November 2017, Ms. Wang worked as the deputy general manager of the audit department and the senior manager of industrial and other audit offices at China Everbright Group. Ms. Wang was the general manager of the financial management department at China Everbright Holdings Company Limited (CE Hong Kong), a controlling shareholder of the Company, from November 2017 to April 2023. Ms. Wang has been appointed as a director of CE Hong Kong since January 2018. Ms. Wang has been appointed as a chief representative of China Everbright Group's representative office in Macau since March 2022. Ms. Wang graduated from the Central Institute of Finance and Economics (currently known as the Central University of Finance and Economics) specializing in foreign financial accounting in 1991. Ms. Wang later received a Master of Business Administration from De Montfort University, De Montfort South Africa, Sandton Campus in March 2006. Ms. Wang is a non-practicing member of the Chinese Institute of Certified Public Accountants and holds the qualification of Senior Accountant in China. Following the resignation of Mr. Wang as an executive Director, he will cease to be a member of the executive board committee and the environmental, social and governance committee of the Board with effect from 5 May 2023. Ms. Wang has been appointed as a member of the executive board committee and the environmental, social and governance committee of the Board with effect from 5 May 2023.Reported Earnings • Mar 17Full year 2022 earnings released: HK$4.42 loss per share (vs HK$1.53 profit in FY 2021)Full year 2022 results: HK$4.42 loss per share (down from HK$1.53 profit in FY 2021). Net loss: HK$7.35b (down 386% from profit in FY 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 65 percentage points per year, which is a significant difference in performance.お知らせ • Feb 18China Everbright Limited Provides Earnings Guidance for the Year Ended December 31, 2022China Everbright Limited provided earnings guidance for the year ended December 31, 2022. For the year, the company expected to record a net loss of approximately HKD 7.50 billion to HKD 7.90 billion for the year ended December 31, 2022, as compared to a profit of approximately HKD 2.77 billion for the year ended 31 December 2021. The fluctuation is mainly attributable to a net unrealised loss of approximately HKD 8.63 billion on the private equity investment projects held by the Group that have been listed but not yet exited, unlisted investment projects and the investments in the secondary market funds due to the drop in market prices and valuation and depreciation of Renminbi against Hong Kong dollars driven by the unfavourable market conditions during the Year (year ended 31 December 2021: a net unrealised gain of approximately HKD 2.48 billion); impairment losses of approximately HKD 2.11 billion on certain investments in associates, inventories, advances to customers and other provisions because of unfavourable market conditions during the Year (year ended 31 December 2021: approximately HKD 0.44 billion); and dividend income of approximately HKD 2.12 billion relating to increasing distributions from investments in funds as well as divestments of the Group during the Year (year ended 31 December 2021: HKD 0.90 billion).お知らせ • Jan 14China Everbright Limited to Report Fiscal Year 2022 Results on Mar 17, 2023China Everbright Limited announced that they will report fiscal year 2022 results on Mar 17, 2023Board Change • Nov 16Less than half of directors are independentThere are 5 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 3 independent directors. 6 non-independent directors. Independent Non-Executive Director Stephen Law was the last independent director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.Upcoming Dividend • Sep 09Upcoming dividend of HK$0.15 per shareEligible shareholders must have bought the stock before 16 September 2022. Payment date: 07 October 2022. The company is not currently making a profit and there are not enough cash flows to support it either. Trailing yield: 7.7%. Within top quartile of German dividend payers (4.8%). Higher than average of industry peers (3.0%).Reported Earnings • Aug 27First half 2022 earnings released: HK$1.58 loss per share (vs HK$1.06 profit in 1H 2021)First half 2022 results: HK$1.58 loss per share (down from HK$1.06 profit in 1H 2021). Net loss: HK$2.61b (down 247% from profit in 1H 2021). Over the next year, revenue is forecast to grow 816% compared to a 3.2% decline forecast for the Capital Markets industry in Germany. Over the last 3 years on average, earnings per share has fallen by 31% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings.お知らせ • Aug 26China Everbright Limited Announces Interim Dividend for the Six Months Ended 30 June 2022, Payable on 07 October 2022China Everbright Limited announced the interim dividend of HKD 0.15 per share for the six months ended 30 June 2022. The dividend will payable on 07 October 2022 with record date of 23 September 2022 and ex-dividend of 16 September 2022.お知らせ • Jul 26China Everbright Limited to Report First Half, 2022 Results on Aug 25, 2022China Everbright Limited announced that they will report first half, 2022 results on Aug 25, 2022お知らせ • Jul 20China Everbright Limited Provides Earning Guidance for the Six Months Ended 30 June 2022China Everbright Limited provided earning guidance for the six months ended 30 June 2022. For the period, the Group is expected to record a net loss of approximately HKD 2.60 billion to HKD 2.80 billion for the six months ended 30 June 2022 as compared to a profit of approximately HKD 1.81 billion recorded in the corresponding period last year. Such loss is primarily attributable to the private equity investment projects held by the Group that have been listed but not yet exited and the investments in the secondary market funds. The net unrealized loss on these investments of approximately HKD 2.50 billion is expected to record due to the drop in market prices during the Period. The unrealized loss mentioned above has no direct cash flow impact on the Group. As at 30 June 2022, the Group's cash position remains strong at approximately HKD 10.35 billion (31 December 2021: HKD 7.16 billion). The overall financial, business and operating positions of the Group remain healthy.お知らせ • Jun 22China Everbright Limited Announces Change of Chairman and Directors; Change of Composition of Board Committees; and Change of Authorised RepresentativeThe board of directors of China Everbright Limited announced that Dr. Zhao Wei has resigned as the Chairman of the Board (the "Chairman") and an executive director of the Company ("Executive Director") with effect from 21 June 2022 due to work arrangement.Dr. Zhao has confirmed to the Board that he has no disagreement with the Board and there is no matter in relation to his resignation that needs to be brought to the attention of the shareholders of the Company. Since joining the Board in May 2019, Dr. Zhao has made valuable contribution to the business development of the Group. The Board would like to express its sincere gratitude to Dr. Zhao. The Board announced that Mr. Yu Fachang ("Mr. Yu") has been appointed as the Chairman and a non-executive director of the Company ("Non-executive Director") with effect from 21 June 2022. Mr. Yu Fachang, aged 56, is the Chairman and a Non-executive Director. He is also amember of the Nomination Committee, the Remuneration Committee and the StrategyCommittee of the Board. Mr. Yu is currently the Deputy General Manager of ChinaEverbright Group Ltd. and the Executive Director and President of China EverbrightHoldings Company Limited, the controlling shareholders of the Company. He had served asthe Secretary of the Communist Youth League and the Director of the AdvertisingAdministration Division of the Department of Advertising Supervision of the StateAdministration for Industry and Commerce, the Deputy Director-general of theAdministration for Industry and Commerce of Tibet Autonomous Region, the DeputyDirector-general of the Department of Market Standard Management of the StateAdministration for Industry and Commerce, the Secretary General of China Society ofAdministration for Industry and Commerce, the Director-general of the Department ofInternational Cooperation (Office of Hong Kong, Macao and Taiwan Affairs) and theDirector-general of the General Affairs Office of the State Administration for Industry andCommerce and the Director-general of the General Affairs Office of the StateAdministration for Market Regulation. Mr. Yu holds a Bachelor's degree of Laws in legalstudies from Peking University and a Master's degree from the Central Party School of theChinese Communist Party. He joined the Board in June 2022.The Board announced the changes in composition of Board committees as followswith effect from 21 June 2022: Dr. Zhao has ceased to be the Chairman of the Executive Committee andEnvironmental, Social and Governance Committee and a member of the StrategyCommittee; Dr. Cai Minnan has ceased to be a member of the Environmental, Social andGovernance Committee; Mr. Yu has been appointed as a member of the Nomination Committee, theRemuneration Committee and the Strategy Committee of the Board; Mr. Zhang Mingao ("Mr. Zhang"), an Executive Director, has been redesignated from a member to the Chairman of the Executive Committee and the Environmental,Social and Governance Committee; and Mr. Wang Hongyang, an Executive Director, has been appointed as a member of theEnvironmental, Social and Governance Committee. Mr. Zhang has been appointed as an authorised representative of the Company under rule 3.05 of the Listing Rules in place of Dr. Zhao with effect from 21 June 2022.お知らせ • May 20China Everbright Limited Declares Final Dividend for the Year Ended December 31, 2021China Everbright Limited declared a dividend of HKD 0.30 per share for the year ended December 31, 2021, at the Annual General Meeting held on May 19, 2022.Upcoming Dividend • May 18Upcoming dividend of HK$0.30 per shareEligible shareholders must have bought the stock before 25 May 2022. Payment date: 10 June 2022. Payout ratio is a comfortable 38% but the company is not cash flow positive. Trailing yield: 7.9%. Within top quartile of German dividend payers (4.3%). Higher than average of industry peers (2.9%).Board Change • Apr 27Less than half of directors are independentThere are 5 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 3 independent directors. 6 non-independent directors. Independent Non-Executive Director Stephen Law was the last independent director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.お知らせ • Apr 09China Everbright Limited, Annual General Meeting, May 19, 2022China Everbright Limited, Annual General Meeting, May 19, 2022, at 10:00 China Standard Time. Location: 38th Floor, Everbright Centre, 108 Gloucester Road, Wan Chai Hong Kong Agenda: To receive and consider the Audited Financial Statements, Directors' Report and Independent Auditor's Report for the year ended 31 December 2021; To declare a final dividend of HKD 0.30 per share for the year ended 31 December 2021; and to discuss other matters.Reported Earnings • Mar 18Full year 2021 earnings: EPS in line with expectations, revenues disappointFull year 2021 results: EPS: HK$1.53 (up from HK$1.34 in FY 2020). Revenue: HK$4.70b (down 6.2% from FY 2020). Net income: HK$2.57b (up 14% from FY 2020). Profit margin: 55% (up from 45% in FY 2020). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 8.4%. Over the next year, revenue is forecast to grow 24% compared to a 8.0% decline forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has fallen by 20% per year, which means it is performing significantly worse than earnings.お知らせ • Feb 24Shandong Ruyi's Creditors Reportedly Seek Control of LycraCreditors of Shandong Ruyi Technology Group Co., Ltd. will seek control of The LYCRA Company (Lycra) after Ruyi defaulted on a $400 million loan it took from them to buy the fibre maker. A statement from the creditors on February 21, 2022 said that Ruyi, known for its ambition to become the LVMH (LVMH.PA) of China, has not been able to repay the Lycra loan since May 2019. The lenders include China Everbright Limited (SEHK:165) and Tor Investment Management, L.P., along with Lindeman Partners Asset Management Co., Ltd. and its affiliate Lindeman Asia Investment Co., Ltd. (KOSDAQ:A277070). Their steps to assume full equity control of Lycra include the appointment of receivers for the assets of Lycra's parent. Ruyi and Lycra did not respond immediately to requests for comment on February 22, 2022. Reuters reported in 2020 that some of Ruyi's creditors had hired a restructuring specialist to sound out potential buyers for Lycra after weakening financial performance of the manufacturer of the eponymous stretchy material fears of a loan default. However, no deal materialised and Ruyi decided to look for alternative means of rescue.Board Change • Jan 07Less than half of directors are independentThere are 5 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 3 independent directors. 6 non-independent directors. Independent Non-Executive Director Stephen Law was the last independent director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.Valuation Update With 7 Day Price Move • Dec 06Investor sentiment improved over the past weekAfter last week's 15% share price gain to €1.06, the stock trades at a trailing P/E ratio of 4.9x. Average forward P/E is 11x in the Capital Markets industry in Germany. Total loss to shareholders of 21% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €1.82 per share.Executive Departure • Dec 02VP of the Group & Executive Director Chi Chun Tang has left the companyOn the 1st of December, Chi Chun Tang's tenure as VP of the Group & Executive Director ended after 14.4 years in the role. As of September 2021, Chi Chun still personally held 927.57k shares (€1.1m worth at the time). Chi Chun is the only executive to leave the company over the last 12 months. The current median tenure of the management team is less than a year, which is considered inexperienced in the Simply Wall St Risk Model.Upcoming Dividend • Sep 10Upcoming dividend of HK$0.28 per shareEligible shareholders must have bought the stock before 17 September 2021. Payment date: 08 October 2021. Trailing yield: 6.0%. Within top quartile of German dividend payers (3.2%). Higher than average of industry peers (2.7%).Reported Earnings • Aug 28First half 2021 earnings released: EPS HK$1.06 (vs HK$0.45 in 1H 2020)The company reported a strong first half result with improved earnings, revenues and profit margins. First half 2021 results: Revenue: HK$2.43b (up 74% from 1H 2020). Net income: HK$1.78b (up 133% from 1H 2020). Profit margin: 73% (up from 55% in 1H 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has only fallen by 13% per year, which means it has not declined as severely as earnings.お知らせ • May 28China Everbright Limited Declares Final Dividend for the Year Ended December 31, 2020China Everbright Limited declared a final dividend of HKD 0.35 per share for the year ended December 31, 2020, at the AGM held on May 27, 2021.Upcoming Dividend • May 26Upcoming dividend of HK$0.35 per shareEligible shareholders must have bought the stock before 02 June 2021. Payment date: 17 June 2021. Trailing yield: 5.2%. Within top quartile of German dividend payers (3.2%). Higher than average of industry peers (2.2%).Reported Earnings • Mar 19Full year 2020 earnings released: EPS HK$1.34 (vs HK$1.33 in FY 2019)The company reported a solid full year result with improved earnings and revenues, although profit margins were weaker. Full year 2020 results: Revenue: HK$4.99b (up 11% from FY 2019). Net income: HK$2.26b (up 1.2% from FY 2019). Profit margin: 45% (down from 50% in FY 2019). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 35% per year but the company’s share price has only fallen by 15% per year, which means it has not declined as severely as earnings.お知らせ • Mar 19+ 1 more updateChina Everbright Limited Proposes Final Dividend for the Year Ended December 31, 2021, Payable on June 17, 2021China Everbright Limited proposed a final dividend of HKD 0.35 per share for the year ended December 31, 2020. The final dividend, subject to approval at the forthcoming annual general meeting, is expected to be paid on June 17, 2021 to those shareholders whose names appear on the register of members of the Company on June 7, 2021.Is New 90 Day High Low • Mar 06New 90-day low: €1.04The company is down 11% from its price of €1.17 on 04 December 2020. The German market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Capital Markets industry, which is up 10.0% over the same period.Reported Earnings • Mar 02Full year 2020 earnings released: CN¥0.073 loss per share (vs CN¥1.19 profit in FY 2019)The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2020 results: Revenue: CN¥231.0m (down 94% from FY 2019). Net loss: CN¥187.8m (down 109% from profit in FY 2019). Over the last 3 years on average, earnings per share has fallen by 45% per year but the company’s share price has only fallen by 16% per year, which means it has not declined as severely as earnings.お知らせ • Feb 03China Everbright Limited Commences Legal Proceedings Against Ying Li International Real Estate Limited, Chongqing Yingli Real Estate Development Co., Ltd., Chongqing Ying Li Guang Sheng Hardware and Electrical Market Development Co., Ltd and Chongqing Yingli Qipaifang Real Estate Development Co., LtdThe Board of Directors of Ying Li International Real Estate Limited refers to the announcement released by the Company's controlling shareholder, China Everbright Limited (CEL), on 2 February 2021 (CEL Announcement) and announced that legal proceedings (the Legal Proceedings) have been commenced against the Company, certain of its subsidiaries (namely, Chongqing Yingli Real Estate Development Co., Ltd., Chongqing San Ya Wan Aquatic Products Integrative Trading Market Development Co., Ltd., Chongqing Yingli Guangsheng Hardware Electrical Wholesale Centre Development Co., Ltd., Chongqing Yingli Qipaifang Real Estate Development Co., Ltd.) (collectively, the Subsidiaries) and CEL in the Chongqing No. 5 Intermediate People's Court of the People's Republic of China. The Legal Proceedings were commenced by Mr. Fang Ming (the Plaintiff) who was the Company's former Group Chief Executive Officer and a former controlling shareholder of the Company. The Plaintiff is claiming an amount of up to RMB 1.172 billion from CEL in connection with the sale of the Plaintiff's wholly owned company's shares in the Company to the indirect subsidiaries of CEL (the Sale). The Plaintiff has also applied for the Company and the Subsidiaries to be jointly liable. In this regard, the Company understands from the CEL Announcement that (a) the Sale had been completed in 2018 and 2019 by way of married deals in Singapore, (b) the obligations of CEL in connection with the Sale had been fulfilled and (c) CEL has reserved its rights in respect of the Legal Proceedings. The Company is currently seeking legal advice from its Chinese legal counsel on the Legal Proceedings with a view to proceeding on a course of action that is in the best interests of the Company. Based on the current information available and the preliminary legal advice from the Chinese legal counsel, as the Company and the Subsidiaries are not parties to the Sale, the Company is of the view that the Legal Proceedings will not have any material impact on the financial position of the Company. The Board will make further announcements as and when there are any material developments in relation to the Legal Proceedings.お知らせ • Jan 12China Everbright Limited to Report Fiscal Year 2020 Results on Mar 18, 2021China Everbright Limited announced that they will report fiscal year 2020 results on Mar 18, 2021Is New 90 Day High Low • Dec 11New 90-day low: €1.09The company is down 12% from its price of €1.24 on 11 September 2020. The German market is up 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Capital Markets industry, which is up 3.0% over the same period.お知らせ • Sep 26China Everbright Limited Announces Board ChangesThe board of directors of China Everbright Limited announced that Dr. Cai Yunge has resigned as the Chairman of the Board and an Executive Director with effect from 25 September 2020 due to work adjustment. The Board announced that Dr. Zhai Wei, currently an Executive Director and the Chief Executive Officer of the Group, has been appointed as the Chairman with effect from 25 September 2020. Dr. Zhao Wei has been an Executive Director and the Chief Executive Officer of the Group since May 2019. Dr. Zhao is also the Chairman and an Executive Director of China Aircraft Leasing Group Holdings Limited. Prior to joining the Group, Dr. Zhao was the Vice President and the Chief Financial Officer of China Reinsurance (Group) Corporation and a Director of Asian Reinsurance Corporation.お知らせ • Jul 30Sino-Ocean Capital Co., Ltd. acquired H88 Yuehong Plaza from China Everbright Limited (SEHK:165) for CNY 2 billion.Sino-Ocean Capital Co., Ltd. acquired H88 Yuehong Plaza from China Everbright Limited (SEHK:165) for CNY 2 billion in early June, 2020. The transaction equates to 60,000 square meter (645,835 square foot) property for which Sino-Ocean is paying the equivalent of RMB 33,333.33 per square meter for the 19-storey office building. Eric Liu of Dentons acted as legal advisor to China Everbright Limited. H88 Yuehong Plaza generates annual rental income of CNY 90 million. Sino-Ocean Capital Co., Ltd. completed the acquisition of H88 Yuehong Plaza from China Everbright Limited (SEHK:165) in early June, 2020.お知らせ • Jul 17China Everbright Limited to Report First Half, 2020 Results on Aug 27, 2020China Everbright Limited announced that they will report first half, 2020 results on Aug 27, 2020株主還元EVIDE Capital MarketsDE 市場7D-1.6%0.004%-0.9%1Y-39.4%8.5%2.2%株主還元を見る業界別リターン: EVI過去 1 年間で8.5 % の収益を上げたGerman Capital Markets業界を下回りました。リターン対市場: EVIは、過去 1 年間で2.2 % のリターンを上げたGerman市場を下回りました。価格変動Is EVI's price volatile compared to industry and market?EVI volatilityEVI Average Weekly Movement7.6%Capital Markets Industry Average Movement4.3%Market Average Movement5.2%10% most volatile stocks in DE Market12.8%10% least volatile stocks in DE Market2.7%安定した株価: EVIの株価は、 German市場と比較して過去 3 か月間で変動しています。時間の経過による変動: EVIの weekly volatility ( 8% ) は過去 1 年間安定していますが、依然としてGermanの株式の 75% よりも高くなっています。会社概要設立従業員CEO(最高経営責任者ウェブサイト1972240n/awww.everbright.comチャイナ・エバーブライト・リミテッドは、香港、中国本土および海外で金融サービスを提供している。ファンド・マネジメント事業とプリンシパル・インベストメント事業を通じて事業を展開している。非上場株式や株式デリバティブのほか、ニューエコノミー、人工知能・先端製造、新エネルギー、医療・高齢者医療、海外買収・インフラ、不動産、航空機産業チェーン、消費者市場、ウェルス・マネジメントなどの分野に投資している。航空機リース、モノの人工知能、高齢者介護産業プラットフォームへの投資、株式、債券、ストラクチャード商品などへの投資に注力している。また、資産運用、投資管理、投資顧問サービス、リターンファンド、債券ファンド、株式ファンド、ファンド・オブ・ファンズなど、さまざまな金融サービスを提供している。さらに、マネジメント、トレジャリー・マネジメント、貸金、ファンド・マネジメント、不動産・プロジェクト投資、コンサルタント・サービスも提供している。同社は1972年に設立され、香港に本社を置いている。チャイナ・エバーブライト・リミテッドはチャイナ・エバーブライト・グループ・リミテッドの子会社である。もっと見るChina Everbright Limited 基礎のまとめChina Everbright の収益と売上を時価総額と比較するとどうか。EVI 基礎統計学時価総額€1.09b収益(TTM)-€221.10m売上高(TTM)€145.53m7.5xP/Sレシオ-4.9xPER(株価収益率EVI 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EVI 損益計算書(TTM)収益HK$1.32b売上原価HK$1.34b売上総利益-HK$22.58mその他の費用HK$1.99b収益-HK$2.01b直近の収益報告Dec 31, 2025次回決算日Aug 27, 2026一株当たり利益(EPS)-1.19グロス・マージン-1.71%純利益率-151.93%有利子負債/自己資本比率92.2%EVI 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1.7%現在の配当利回り-8%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2026/08/18 17:32終値2026/08/18 00:00収益2025/12/31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China Everbright Limited 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。11 アナリスト機関null nullCCB International Securities LimitedDongping ZhouChina International Capital Corporation LimitedYafei TianCitigroup Inc8 その他のアナリストを表示
New Risk • Aug 13New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 7.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 30% per year over the past 5 years. Minor Risks Paying a dividend despite being loss-making. Share price has been volatile over the past 3 months (7.6% average weekly change).
お知らせ • Aug 01China Everbright Limited Provides Consolidated Earnings Guidance for the Group for the Six Months Ended 30 June 2026China Everbright Limited provided consolidated earnings guidance for the Group for the six months ended 30 June 2026. For the period, the company expects to record a decrease of approximately 70% to 80% in its profit attributable to shareholders of the Company for the Period, as compared to a profit attributable to shareholders of the Company of approximately HKD 399 million for the corresponding period in 2025. The expected decrease in profit is mainly attributable to a decrease in net investment income from private equity investments and an increase in impairment losses on advances to customers.
お知らせ • Jul 27China Everbright Limited to Report First Half, 2026 Results on Aug 27, 2026China Everbright Limited announced that they will report first half, 2026 results on Aug 27, 2026
Board Change • May 20High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. VP & Executive Director Yang Su was the last director to join the board, commencing their role in 2025. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
お知らせ • Mar 26China Everbright Limited, Annual General Meeting, May 14, 2026China Everbright Limited, Annual General Meeting, May 14, 2026.
お知らせ • Jan 23China Everbright Limited to Report Fiscal Year 2025 Results on Mar 26, 2026China Everbright Limited announced that they will report fiscal year 2025 results on Mar 26, 2026
New Risk • Aug 13New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 7.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 30% per year over the past 5 years. Minor Risks Paying a dividend despite being loss-making. Share price has been volatile over the past 3 months (7.6% average weekly change).
お知らせ • Aug 01China Everbright Limited Provides Consolidated Earnings Guidance for the Group for the Six Months Ended 30 June 2026China Everbright Limited provided consolidated earnings guidance for the Group for the six months ended 30 June 2026. For the period, the company expects to record a decrease of approximately 70% to 80% in its profit attributable to shareholders of the Company for the Period, as compared to a profit attributable to shareholders of the Company of approximately HKD 399 million for the corresponding period in 2025. The expected decrease in profit is mainly attributable to a decrease in net investment income from private equity investments and an increase in impairment losses on advances to customers.
お知らせ • Jul 27China Everbright Limited to Report First Half, 2026 Results on Aug 27, 2026China Everbright Limited announced that they will report first half, 2026 results on Aug 27, 2026
Board Change • May 20High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. VP & Executive Director Yang Su was the last director to join the board, commencing their role in 2025. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
お知らせ • Mar 26China Everbright Limited, Annual General Meeting, May 14, 2026China Everbright Limited, Annual General Meeting, May 14, 2026.
お知らせ • Jan 23China Everbright Limited to Report Fiscal Year 2025 Results on Mar 26, 2026China Everbright Limited announced that they will report fiscal year 2025 results on Mar 26, 2026
お知らせ • Aug 29China Everbright Limited Announces Interim Dividend for the Six Months Ended 30 June 2025 , Payable October 10, 2025China Everbright Limited announced interim dividend of HKD 0.05 per share for the six months ended June 30, 2025. Ex-dividend date is 17 September 2025, Record date is 24 September 2025 and Payment date is 10 October 2025.
お知らせ • Jul 25China Everbright Limited to Report First Half, 2025 Results on Aug 28, 2025China Everbright Limited announced that they will report first half, 2025 results on Aug 28, 2025
お知らせ • May 22China Everbright Limited Approves to Declare Final Dividend for the Year Ended 31 December 2024China Everbright Limited at its AGM held on May 22, 2025 approved to declare a final dividend of HKD 0.05 per share for the year ended 31 December 2024.
お知らせ • Mar 27+ 1 more updateChina Everbright Limited, Annual General Meeting, May 22, 2025China Everbright Limited, Annual General Meeting, May 22, 2025.
お知らせ • Jan 23China Everbright Limited to Report Fiscal Year 2024 Results on Mar 27, 2025China Everbright Limited announced that they will report fiscal year 2024 results on Mar 27, 2025
Reported Earnings • Sep 18First half 2024 earnings released: HK$0.76 loss per share (vs HK$0.19 profit in 1H 2023)First half 2024 results: HK$0.76 loss per share (down from HK$0.19 profit in 1H 2023). Net loss: HK$1.28b (down HK$1.59b from profit in 1H 2023). Revenue is forecast to grow 111% p.a. on average during the next 2 years, compared to a 1.4% growth forecast for the Capital Markets industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 42 percentage points per year, which is a significant difference in performance.
New Risk • Sep 05New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 6.9% 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 (7.2% operating cash flow to total debt). Earnings have declined by 57% per year over the past 5 years. Revenue is less than US$1m. Minor Risks Paying a dividend despite being loss-making. Share price has been volatile over the past 3 months (6.9% average weekly change).
Declared Dividend • Sep 01First half dividend of HK$0.05 announcedShareholders will receive a dividend of HK$0.05. Ex-date: 17th September 2024 Payment date: 10th October 2024 Dividend yield will be 17%, which is higher than the industry average of 2.7%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months. However, the dividend is well covered by cash flows (14% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments.
お知らせ • Jul 29China Everbright Limited to Report First Half, 2024 Results on Aug 29, 2024China Everbright Limited announced that they will report first half, 2024 results on Aug 29, 2024
お知らせ • May 24China Everbright Limited Approves Final Dividend for the Year Ended 31 December 2023China Everbright Limited at its AGM held on May 23, 2024, approved to declare a final dividend of HKD 0.10 per share for the year ended 31 December 2023.
Upcoming Dividend • May 21Upcoming dividend of HK$0.10 per shareEligible shareholders must have bought the stock before 28 May 2024. Payment date: 14 June 2024. The company is not currently making a profit but it is cash flow positive. Trailing yield: 4.3%. Lower than top quartile of German dividend payers (4.6%). Higher than average of industry peers (2.7%).
お知らせ • Apr 05China Everbright Limited Announces Management ChangesThe board of directors of China Everbright Limited announced that with effect from 5 April 2024, Mr. An Xuesong (Mr. An) has been appointed as an Executive Director and the Vice President of the Group in charge of finance, and a member of the Executive Board Committee, Strategy Committee and Environmental, Social and Governance Committee of the Board. The biographical details of Mr. An are set out below: Mr. An Xuesong, aged 53, is an Executive Director and the Vice President of the Group in charge of finance, a member of the Executive Board Committee, Strategy Committee and Environmental, Social and Governance Committee of the Board, and also a member of the Management Decision Committee of the Group. Mr. An was the executive director, vice president and chief financial officer of China Everbright Environment Group Limited (stock code: 257.HK) from October 2021 to March 2024. He was the executive director and chief executive officer of China Everbright Water Limited (stock code: U9E.SG, 1857.HK) from December 2014 to October 2021. Prior to that, Mr. An worked at the Municipal General Office of Jingzhou, Hubei Province and Guangdong Technology Venture Capital Group Ltd. Mr. An has comprehensive experience in mergers and acquisitions, project investment and management, financial management and risk management. Mr. An holds a Master's degree in Business Administration from Jinan University. He is a Certified Public Accountant in the People's Republic of China and a Certified International Internal Auditor. Following the appointment of Mr. An, the Board announces that Ms. Wang Yun ("Ms. Wang") ceased to be the Vice President of the Group in charge of finance with effect from 5 April 2024. Ms. Wang will continue to serve as the Executive Director and the Vice President of the Group and will be in charge of the businesses such as proprietary investments management, asset allocation and investment management centre and operations centre. She will also continue to serve as a member of the Executive Board Committee and Environmental, Social and Governance Committee of the Board, and a member of the Management Decision Committee of the Group.
New Risk • Mar 25New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 6.9% 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 (9.8% operating cash flow to total debt). Earnings have declined by 58% per year over the past 5 years. Minor Risks Paying a dividend despite being loss-making. Share price has been volatile over the past 3 months (6.9% average weekly change).
Reported Earnings • Mar 24Full year 2023 earnings released: HK$1.14 loss per share (vs HK$4.42 loss in FY 2022)Full year 2023 results: HK$1.14 loss per share (improved from HK$4.42 loss in FY 2022). Net loss: HK$1.92b (loss narrowed 74% from FY 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 66 percentage points per year, which is a significant difference in performance.
お知らせ • Mar 23+ 2 more updatesChina Everbright Limited, Annual General Meeting, May 23, 2024China Everbright Limited, Annual General Meeting, May 23, 2024. Agenda: To consider board changes.
お知らせ • Jan 19China Everbright Limited to Report Fiscal Year 2023 Results on Mar 22, 2024China Everbright Limited announced that they will report fiscal year 2023 results on Mar 22, 2024
Buying Opportunity • Jan 06Now 20% undervaluedThe stock has been flat over the last 90 days. The fair value is estimated to be €0.64, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 83% over the last 3 years. Meanwhile, the company became loss making.
Buying Opportunity • Dec 21Now 24% undervalued after recent price dropOver the last 90 days, the stock is down 6.3%. The fair value is estimated to be €0.65, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 83% over the last 3 years. Meanwhile, the company became loss making.
Buying Opportunity • Nov 28Now 20% undervaluedThe stock has been flat over the last 90 days. The fair value is estimated to be €0.68, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 83% over the last 3 years. Meanwhile, the company became loss making.
Upcoming Dividend • Sep 08Upcoming dividend of HK$0.15 per share at 6.5% yieldEligible shareholders must have bought the stock before 15 September 2023. Payment date: 06 October 2023. The company is not currently making a profit but it is cash flow positive. Trailing yield: 6.5%. Within top quartile of German dividend payers (4.9%). Higher than average of industry peers (3.1%).
Reported Earnings • Aug 27First half 2023 earnings released: EPS: HK$0.19 (vs HK$1.58 loss in 1H 2022)First half 2023 results: EPS: HK$0.19 (up from HK$1.58 loss in 1H 2022). Net income: HK$312.7m (up HK$2.97b from 1H 2022). Revenue is forecast to grow 103% p.a. on average during the next 2 years, while revenues in the Capital Markets industry in Germany are expected to remain flat. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 75 percentage points per year, which is a significant difference in performance.
お知らせ • Aug 26China Everbright Limited Announces an Interim Dividend for the Six Months Ended 30 June 2023, Payable on 6 October 2023China Everbright Limited announced an interim dividend of HKD 0.15 per share for the six months ended 30 June 2023. Ex-dividend date is 15 September 2023. Record date is 22 September 2023. Payment date is 6 October 2023.
お知らせ • Jul 24China Everbright Limited to Report First Half, 2023 Results on Aug 25, 2023China Everbright Limited announced that they will report first half, 2023 results on Aug 25, 2023
Buying Opportunity • Jul 10Now 22% undervalued after recent price dropOver the last 90 days, the stock is down 19%. The fair value is estimated to be €0.67, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 56% over the last 3 years. Meanwhile, the company became loss making.
Buying Opportunity • Jun 23Now 23% undervalued after recent price dropOver the last 90 days, the stock is down 20%. The fair value is estimated to be €0.68, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 56% over the last 3 years. Meanwhile, the company became loss making.
お知らせ • Jun 16China Everbright Limited Approves to Declare A Final Dividend for the Year Ended 31 December 2022China Everbright Limited at it's Annual General Meeting held on 15 June 2023 approved to declare a final dividend of HKD 0.15 per share for the year ended 31 December 2022.
Upcoming Dividend • Jun 13Upcoming dividend of HK$0.15 per share at 6.0% yieldEligible shareholders must have bought the stock before 20 June 2023. Payment date: 06 July 2023. The company is not currently making a profit but it is cash flow positive. Trailing yield: 6.0%. Within top quartile of German dividend payers (4.7%). Higher than average of industry peers (3.0%).
お知らせ • Jun 05China Everbright Limited, Ying Li International Real Estate Limited, Chongqing Yingli Real Estate Development Co., Ltd., Chongqing Yingli Qipaifang Real Estate Development Co., Ltd. Update on LitigationThe Board of Directors of Ying Li International Real Estate Limited refers to the announcement released by the Company (a) on 3 February 2021 (the "Ying Li Announcement on Litigation") relating to the legal proceedings (the "Legal Proceedings") commenced by Mr. Fang Ming (the "Plaintiff") in the Chongqing No. 5 Intermediate People's Court of the People's Republic of China (the " Court") against the following 6 companies as defendants: (i) the Company's controlling shareholder, China Everbright Limited ("CEL"); (ii) the Company; and (iii) certain subsidiaries of the Company, namely, Chongqing Yingli Real Estate Development Co. Ltd., Chongqing San Ya Wan Aquatic Products Integrative Trading Market Development Co. Ltd., ChongQing Yingli Guangsheng Hardware Electrical Wholesale Centre Development Co. Ltd. and Chongqing Yingli Qipaifang Real Estate Development Co. Ltd. (collectively, the "Subsidiaries"). The Board wishes to update the Company's shareholders on the status of the Legal Proceedings as follows: as set out in the announcement released by CEL on 1 June 2023, CEL is satisfied with the First- instances Judgement and had filed an appeal to the Chongqing Higher People's Court in accordance with the laws of the People's Republic ofChina and the Chongqing Higher People' Court accepted the case on 31 May 2023; according to the relevant case materials delivered by the Court, the Company understands that the plaintiff has also declined to accept the First- Inst Inst Institutional judgment and has filed an appeal to the ChongQing Higher People's Court; and the Legal Proceedings have entered into the second- instance legal proceedings stage, and the outcome of the Legal Proceedings will be based on the final enforceable judgment pursuant to the laws of the People'sRepublic of China. The Board will make further announcements as and when there are any material developments in relation to the Legal Proceedings.
Buying Opportunity • May 31Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 14%. The fair value is estimated to be €0.73, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 56% over the last 3 years. Meanwhile, the company became loss making.
お知らせ • May 06+ 1 more updateChina Everbright Limited Announces Executive ChangesThe board of directors of China Everbright Limited announced that on 5 May 2023, the Board has received a resignation letter from Mr. Wang Hongyang (Mr. Wang) in which Mr. Wang has tendered his resignation as an executive Director and vice president due to his determination to pursue personal career developments and his actual family needs. The Board has accordingly accepted Mr. Wang's resignation with effect from 5 May 2023. Mr. Wang has confirmed that he has no disagreement with the Board and there are no matters with respect to his resignation that needs to be brought to the attention of the shareholders of the Company and The Stock Exchange of Hong Kong Limited. The Board further announced that with effect from 5 May 2023, Ms. Wang Yun (Ms. Wang) has been appointed as an executive Director and vice president of the Company in charge of finance. Ms. Wang Yun, aged 54, is a non-executive director of Everbright Grand China Assets Limited. Prior to joining the Company, Ms. Wang worked at the National Planning Commission of the People's Republic of China (currently known as the National Development and Reform Commission of the People's Republic of China) from September 1991 to July 1992. From July 1992 to March 1993, Ms. Wang worked as the finance manager at Beijing Fulanka Digital System Co. Ltd. From March 1993 to May 1998, Ms. Wang worked as the finance supervisor at China Everbright International Economic and Technical Cooperation Corporation. From May 1998 to November 1999, Ms. Wang worked as the financial manager at China Everbright (South Africa) Company (Proprietary) Limited (Everbright South Africa) and Everbright International Engineering (Proprietary) Company (Everbright International Engineering). From November 1999 to September 2007, Ms. Wang worked as the chief financial officer of Everbright South Africa and Everbright International Engineering. From September 2007 to October 2012, Ms. Wang worked as the senior manager of insurance and non-financial audit division of the audit department at China Everbright (Group) Limited (currently known as China Everbright Group Limited) (China Everbright Group). From October 2012 to April 2014, Ms. Wang was appointed as the division chief of banking division of the audit department at China Everbright Group. From April 2014 to August 2016, Ms. Wang worked as the senior deputy manager of the audit department and the division chief of insurance and non-financial audit division at China Everbright Group. From August 2016 to November 2017, Ms. Wang worked as the deputy general manager of the audit department and the senior manager of industrial and other audit offices at China Everbright Group. Ms. Wang was the general manager of the financial management department at China Everbright Holdings Company Limited (CE Hong Kong), a controlling shareholder of the Company, from November 2017 to April 2023. Ms. Wang has been appointed as a director of CE Hong Kong since January 2018. Ms. Wang has been appointed as a chief representative of China Everbright Group's representative office in Macau since March 2022. Ms. Wang graduated from the Central Institute of Finance and Economics (currently known as the Central University of Finance and Economics) specializing in foreign financial accounting in 1991. Ms. Wang later received a Master of Business Administration from De Montfort University, De Montfort South Africa, Sandton Campus in March 2006. Ms. Wang is a non-practicing member of the Chinese Institute of Certified Public Accountants and holds the qualification of Senior Accountant in China. Following the resignation of Mr. Wang as an executive Director, he will cease to be a member of the executive board committee and the environmental, social and governance committee of the Board with effect from 5 May 2023. Ms. Wang has been appointed as a member of the executive board committee and the environmental, social and governance committee of the Board with effect from 5 May 2023.
Reported Earnings • Mar 17Full year 2022 earnings released: HK$4.42 loss per share (vs HK$1.53 profit in FY 2021)Full year 2022 results: HK$4.42 loss per share (down from HK$1.53 profit in FY 2021). Net loss: HK$7.35b (down 386% from profit in FY 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 65 percentage points per year, which is a significant difference in performance.
お知らせ • Feb 18China Everbright Limited Provides Earnings Guidance for the Year Ended December 31, 2022China Everbright Limited provided earnings guidance for the year ended December 31, 2022. For the year, the company expected to record a net loss of approximately HKD 7.50 billion to HKD 7.90 billion for the year ended December 31, 2022, as compared to a profit of approximately HKD 2.77 billion for the year ended 31 December 2021. The fluctuation is mainly attributable to a net unrealised loss of approximately HKD 8.63 billion on the private equity investment projects held by the Group that have been listed but not yet exited, unlisted investment projects and the investments in the secondary market funds due to the drop in market prices and valuation and depreciation of Renminbi against Hong Kong dollars driven by the unfavourable market conditions during the Year (year ended 31 December 2021: a net unrealised gain of approximately HKD 2.48 billion); impairment losses of approximately HKD 2.11 billion on certain investments in associates, inventories, advances to customers and other provisions because of unfavourable market conditions during the Year (year ended 31 December 2021: approximately HKD 0.44 billion); and dividend income of approximately HKD 2.12 billion relating to increasing distributions from investments in funds as well as divestments of the Group during the Year (year ended 31 December 2021: HKD 0.90 billion).
お知らせ • Jan 14China Everbright Limited to Report Fiscal Year 2022 Results on Mar 17, 2023China Everbright Limited announced that they will report fiscal year 2022 results on Mar 17, 2023
Board Change • Nov 16Less than half of directors are independentThere are 5 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 3 independent directors. 6 non-independent directors. Independent Non-Executive Director Stephen Law was the last independent director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.
Upcoming Dividend • Sep 09Upcoming dividend of HK$0.15 per shareEligible shareholders must have bought the stock before 16 September 2022. Payment date: 07 October 2022. The company is not currently making a profit and there are not enough cash flows to support it either. Trailing yield: 7.7%. Within top quartile of German dividend payers (4.8%). Higher than average of industry peers (3.0%).
Reported Earnings • Aug 27First half 2022 earnings released: HK$1.58 loss per share (vs HK$1.06 profit in 1H 2021)First half 2022 results: HK$1.58 loss per share (down from HK$1.06 profit in 1H 2021). Net loss: HK$2.61b (down 247% from profit in 1H 2021). Over the next year, revenue is forecast to grow 816% compared to a 3.2% decline forecast for the Capital Markets industry in Germany. Over the last 3 years on average, earnings per share has fallen by 31% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings.
お知らせ • Aug 26China Everbright Limited Announces Interim Dividend for the Six Months Ended 30 June 2022, Payable on 07 October 2022China Everbright Limited announced the interim dividend of HKD 0.15 per share for the six months ended 30 June 2022. The dividend will payable on 07 October 2022 with record date of 23 September 2022 and ex-dividend of 16 September 2022.
お知らせ • Jul 26China Everbright Limited to Report First Half, 2022 Results on Aug 25, 2022China Everbright Limited announced that they will report first half, 2022 results on Aug 25, 2022
お知らせ • Jul 20China Everbright Limited Provides Earning Guidance for the Six Months Ended 30 June 2022China Everbright Limited provided earning guidance for the six months ended 30 June 2022. For the period, the Group is expected to record a net loss of approximately HKD 2.60 billion to HKD 2.80 billion for the six months ended 30 June 2022 as compared to a profit of approximately HKD 1.81 billion recorded in the corresponding period last year. Such loss is primarily attributable to the private equity investment projects held by the Group that have been listed but not yet exited and the investments in the secondary market funds. The net unrealized loss on these investments of approximately HKD 2.50 billion is expected to record due to the drop in market prices during the Period. The unrealized loss mentioned above has no direct cash flow impact on the Group. As at 30 June 2022, the Group's cash position remains strong at approximately HKD 10.35 billion (31 December 2021: HKD 7.16 billion). The overall financial, business and operating positions of the Group remain healthy.
お知らせ • Jun 22China Everbright Limited Announces Change of Chairman and Directors; Change of Composition of Board Committees; and Change of Authorised RepresentativeThe board of directors of China Everbright Limited announced that Dr. Zhao Wei has resigned as the Chairman of the Board (the "Chairman") and an executive director of the Company ("Executive Director") with effect from 21 June 2022 due to work arrangement.Dr. Zhao has confirmed to the Board that he has no disagreement with the Board and there is no matter in relation to his resignation that needs to be brought to the attention of the shareholders of the Company. Since joining the Board in May 2019, Dr. Zhao has made valuable contribution to the business development of the Group. The Board would like to express its sincere gratitude to Dr. Zhao. The Board announced that Mr. Yu Fachang ("Mr. Yu") has been appointed as the Chairman and a non-executive director of the Company ("Non-executive Director") with effect from 21 June 2022. Mr. Yu Fachang, aged 56, is the Chairman and a Non-executive Director. He is also amember of the Nomination Committee, the Remuneration Committee and the StrategyCommittee of the Board. Mr. Yu is currently the Deputy General Manager of ChinaEverbright Group Ltd. and the Executive Director and President of China EverbrightHoldings Company Limited, the controlling shareholders of the Company. He had served asthe Secretary of the Communist Youth League and the Director of the AdvertisingAdministration Division of the Department of Advertising Supervision of the StateAdministration for Industry and Commerce, the Deputy Director-general of theAdministration for Industry and Commerce of Tibet Autonomous Region, the DeputyDirector-general of the Department of Market Standard Management of the StateAdministration for Industry and Commerce, the Secretary General of China Society ofAdministration for Industry and Commerce, the Director-general of the Department ofInternational Cooperation (Office of Hong Kong, Macao and Taiwan Affairs) and theDirector-general of the General Affairs Office of the State Administration for Industry andCommerce and the Director-general of the General Affairs Office of the StateAdministration for Market Regulation. Mr. Yu holds a Bachelor's degree of Laws in legalstudies from Peking University and a Master's degree from the Central Party School of theChinese Communist Party. He joined the Board in June 2022.The Board announced the changes in composition of Board committees as followswith effect from 21 June 2022: Dr. Zhao has ceased to be the Chairman of the Executive Committee andEnvironmental, Social and Governance Committee and a member of the StrategyCommittee; Dr. Cai Minnan has ceased to be a member of the Environmental, Social andGovernance Committee; Mr. Yu has been appointed as a member of the Nomination Committee, theRemuneration Committee and the Strategy Committee of the Board; Mr. Zhang Mingao ("Mr. Zhang"), an Executive Director, has been redesignated from a member to the Chairman of the Executive Committee and the Environmental,Social and Governance Committee; and Mr. Wang Hongyang, an Executive Director, has been appointed as a member of theEnvironmental, Social and Governance Committee. Mr. Zhang has been appointed as an authorised representative of the Company under rule 3.05 of the Listing Rules in place of Dr. Zhao with effect from 21 June 2022.
お知らせ • May 20China Everbright Limited Declares Final Dividend for the Year Ended December 31, 2021China Everbright Limited declared a dividend of HKD 0.30 per share for the year ended December 31, 2021, at the Annual General Meeting held on May 19, 2022.
Upcoming Dividend • May 18Upcoming dividend of HK$0.30 per shareEligible shareholders must have bought the stock before 25 May 2022. Payment date: 10 June 2022. Payout ratio is a comfortable 38% but the company is not cash flow positive. Trailing yield: 7.9%. Within top quartile of German dividend payers (4.3%). Higher than average of industry peers (2.9%).
Board Change • Apr 27Less than half of directors are independentThere are 5 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 3 independent directors. 6 non-independent directors. Independent Non-Executive Director Stephen Law was the last independent director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.
お知らせ • Apr 09China Everbright Limited, Annual General Meeting, May 19, 2022China Everbright Limited, Annual General Meeting, May 19, 2022, at 10:00 China Standard Time. Location: 38th Floor, Everbright Centre, 108 Gloucester Road, Wan Chai Hong Kong Agenda: To receive and consider the Audited Financial Statements, Directors' Report and Independent Auditor's Report for the year ended 31 December 2021; To declare a final dividend of HKD 0.30 per share for the year ended 31 December 2021; and to discuss other matters.
Reported Earnings • Mar 18Full year 2021 earnings: EPS in line with expectations, revenues disappointFull year 2021 results: EPS: HK$1.53 (up from HK$1.34 in FY 2020). Revenue: HK$4.70b (down 6.2% from FY 2020). Net income: HK$2.57b (up 14% from FY 2020). Profit margin: 55% (up from 45% in FY 2020). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 8.4%. Over the next year, revenue is forecast to grow 24% compared to a 8.0% decline forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has fallen by 20% per year, which means it is performing significantly worse than earnings.
お知らせ • Feb 24Shandong Ruyi's Creditors Reportedly Seek Control of LycraCreditors of Shandong Ruyi Technology Group Co., Ltd. will seek control of The LYCRA Company (Lycra) after Ruyi defaulted on a $400 million loan it took from them to buy the fibre maker. A statement from the creditors on February 21, 2022 said that Ruyi, known for its ambition to become the LVMH (LVMH.PA) of China, has not been able to repay the Lycra loan since May 2019. The lenders include China Everbright Limited (SEHK:165) and Tor Investment Management, L.P., along with Lindeman Partners Asset Management Co., Ltd. and its affiliate Lindeman Asia Investment Co., Ltd. (KOSDAQ:A277070). Their steps to assume full equity control of Lycra include the appointment of receivers for the assets of Lycra's parent. Ruyi and Lycra did not respond immediately to requests for comment on February 22, 2022. Reuters reported in 2020 that some of Ruyi's creditors had hired a restructuring specialist to sound out potential buyers for Lycra after weakening financial performance of the manufacturer of the eponymous stretchy material fears of a loan default. However, no deal materialised and Ruyi decided to look for alternative means of rescue.
Board Change • Jan 07Less than half of directors are independentThere are 5 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 3 independent directors. 6 non-independent directors. Independent Non-Executive Director Stephen Law was the last independent director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.
Valuation Update With 7 Day Price Move • Dec 06Investor sentiment improved over the past weekAfter last week's 15% share price gain to €1.06, the stock trades at a trailing P/E ratio of 4.9x. Average forward P/E is 11x in the Capital Markets industry in Germany. Total loss to shareholders of 21% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €1.82 per share.
Executive Departure • Dec 02VP of the Group & Executive Director Chi Chun Tang has left the companyOn the 1st of December, Chi Chun Tang's tenure as VP of the Group & Executive Director ended after 14.4 years in the role. As of September 2021, Chi Chun still personally held 927.57k shares (€1.1m worth at the time). Chi Chun is the only executive to leave the company over the last 12 months. The current median tenure of the management team is less than a year, which is considered inexperienced in the Simply Wall St Risk Model.
Upcoming Dividend • Sep 10Upcoming dividend of HK$0.28 per shareEligible shareholders must have bought the stock before 17 September 2021. Payment date: 08 October 2021. Trailing yield: 6.0%. Within top quartile of German dividend payers (3.2%). Higher than average of industry peers (2.7%).
Reported Earnings • Aug 28First half 2021 earnings released: EPS HK$1.06 (vs HK$0.45 in 1H 2020)The company reported a strong first half result with improved earnings, revenues and profit margins. First half 2021 results: Revenue: HK$2.43b (up 74% from 1H 2020). Net income: HK$1.78b (up 133% from 1H 2020). Profit margin: 73% (up from 55% in 1H 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has only fallen by 13% per year, which means it has not declined as severely as earnings.
お知らせ • May 28China Everbright Limited Declares Final Dividend for the Year Ended December 31, 2020China Everbright Limited declared a final dividend of HKD 0.35 per share for the year ended December 31, 2020, at the AGM held on May 27, 2021.
Upcoming Dividend • May 26Upcoming dividend of HK$0.35 per shareEligible shareholders must have bought the stock before 02 June 2021. Payment date: 17 June 2021. Trailing yield: 5.2%. Within top quartile of German dividend payers (3.2%). Higher than average of industry peers (2.2%).
Reported Earnings • Mar 19Full year 2020 earnings released: EPS HK$1.34 (vs HK$1.33 in FY 2019)The company reported a solid full year result with improved earnings and revenues, although profit margins were weaker. Full year 2020 results: Revenue: HK$4.99b (up 11% from FY 2019). Net income: HK$2.26b (up 1.2% from FY 2019). Profit margin: 45% (down from 50% in FY 2019). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 35% per year but the company’s share price has only fallen by 15% per year, which means it has not declined as severely as earnings.
お知らせ • Mar 19+ 1 more updateChina Everbright Limited Proposes Final Dividend for the Year Ended December 31, 2021, Payable on June 17, 2021China Everbright Limited proposed a final dividend of HKD 0.35 per share for the year ended December 31, 2020. The final dividend, subject to approval at the forthcoming annual general meeting, is expected to be paid on June 17, 2021 to those shareholders whose names appear on the register of members of the Company on June 7, 2021.
Is New 90 Day High Low • Mar 06New 90-day low: €1.04The company is down 11% from its price of €1.17 on 04 December 2020. The German market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Capital Markets industry, which is up 10.0% over the same period.
Reported Earnings • Mar 02Full year 2020 earnings released: CN¥0.073 loss per share (vs CN¥1.19 profit in FY 2019)The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2020 results: Revenue: CN¥231.0m (down 94% from FY 2019). Net loss: CN¥187.8m (down 109% from profit in FY 2019). Over the last 3 years on average, earnings per share has fallen by 45% per year but the company’s share price has only fallen by 16% per year, which means it has not declined as severely as earnings.
お知らせ • Feb 03China Everbright Limited Commences Legal Proceedings Against Ying Li International Real Estate Limited, Chongqing Yingli Real Estate Development Co., Ltd., Chongqing Ying Li Guang Sheng Hardware and Electrical Market Development Co., Ltd and Chongqing Yingli Qipaifang Real Estate Development Co., LtdThe Board of Directors of Ying Li International Real Estate Limited refers to the announcement released by the Company's controlling shareholder, China Everbright Limited (CEL), on 2 February 2021 (CEL Announcement) and announced that legal proceedings (the Legal Proceedings) have been commenced against the Company, certain of its subsidiaries (namely, Chongqing Yingli Real Estate Development Co., Ltd., Chongqing San Ya Wan Aquatic Products Integrative Trading Market Development Co., Ltd., Chongqing Yingli Guangsheng Hardware Electrical Wholesale Centre Development Co., Ltd., Chongqing Yingli Qipaifang Real Estate Development Co., Ltd.) (collectively, the Subsidiaries) and CEL in the Chongqing No. 5 Intermediate People's Court of the People's Republic of China. The Legal Proceedings were commenced by Mr. Fang Ming (the Plaintiff) who was the Company's former Group Chief Executive Officer and a former controlling shareholder of the Company. The Plaintiff is claiming an amount of up to RMB 1.172 billion from CEL in connection with the sale of the Plaintiff's wholly owned company's shares in the Company to the indirect subsidiaries of CEL (the Sale). The Plaintiff has also applied for the Company and the Subsidiaries to be jointly liable. In this regard, the Company understands from the CEL Announcement that (a) the Sale had been completed in 2018 and 2019 by way of married deals in Singapore, (b) the obligations of CEL in connection with the Sale had been fulfilled and (c) CEL has reserved its rights in respect of the Legal Proceedings. The Company is currently seeking legal advice from its Chinese legal counsel on the Legal Proceedings with a view to proceeding on a course of action that is in the best interests of the Company. Based on the current information available and the preliminary legal advice from the Chinese legal counsel, as the Company and the Subsidiaries are not parties to the Sale, the Company is of the view that the Legal Proceedings will not have any material impact on the financial position of the Company. The Board will make further announcements as and when there are any material developments in relation to the Legal Proceedings.
お知らせ • Jan 12China Everbright Limited to Report Fiscal Year 2020 Results on Mar 18, 2021China Everbright Limited announced that they will report fiscal year 2020 results on Mar 18, 2021
Is New 90 Day High Low • Dec 11New 90-day low: €1.09The company is down 12% from its price of €1.24 on 11 September 2020. The German market is up 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Capital Markets industry, which is up 3.0% over the same period.
お知らせ • Sep 26China Everbright Limited Announces Board ChangesThe board of directors of China Everbright Limited announced that Dr. Cai Yunge has resigned as the Chairman of the Board and an Executive Director with effect from 25 September 2020 due to work adjustment. The Board announced that Dr. Zhai Wei, currently an Executive Director and the Chief Executive Officer of the Group, has been appointed as the Chairman with effect from 25 September 2020. Dr. Zhao Wei has been an Executive Director and the Chief Executive Officer of the Group since May 2019. Dr. Zhao is also the Chairman and an Executive Director of China Aircraft Leasing Group Holdings Limited. Prior to joining the Group, Dr. Zhao was the Vice President and the Chief Financial Officer of China Reinsurance (Group) Corporation and a Director of Asian Reinsurance Corporation.
お知らせ • Jul 30Sino-Ocean Capital Co., Ltd. acquired H88 Yuehong Plaza from China Everbright Limited (SEHK:165) for CNY 2 billion.Sino-Ocean Capital Co., Ltd. acquired H88 Yuehong Plaza from China Everbright Limited (SEHK:165) for CNY 2 billion in early June, 2020. The transaction equates to 60,000 square meter (645,835 square foot) property for which Sino-Ocean is paying the equivalent of RMB 33,333.33 per square meter for the 19-storey office building. Eric Liu of Dentons acted as legal advisor to China Everbright Limited. H88 Yuehong Plaza generates annual rental income of CNY 90 million. Sino-Ocean Capital Co., Ltd. completed the acquisition of H88 Yuehong Plaza from China Everbright Limited (SEHK:165) in early June, 2020.
お知らせ • Jul 17China Everbright Limited to Report First Half, 2020 Results on Aug 27, 2020China Everbright Limited announced that they will report first half, 2020 results on Aug 27, 2020