View ValuationCheerwin Group 将来の成長Future 基準チェック /26Cheerwin Group利益と収益がそれぞれ年間11.3%と12.7%増加すると予測されています。EPS は年間 増加すると予想されています。自己資本利益率は 3 年後に9.9% 11.2%なると予測されています。主要情報11.3%収益成長率11.20%EPS成長率Household Products 収益成長0.4%収益成長率12.7%将来の株主資本利益率9.85%アナリストカバレッジLow最終更新日31 Mar 2026今後の成長に関する最新情報更新なしすべての更新を表示Recent updatesBoard Change • May 20Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 5 non-independent directors. Independent Non-Executive Director Rong Yu was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Declared Dividend • May 20Final dividend of HK$0.093 announcedShareholders will receive a dividend of HK$0.093. Ex-date: 24th June 2026 Payment date: 8th July 2026 Dividend yield will be 41%, which is higher than the industry average of 2.5%. Sustainability & Growth Dividend is covered by both earnings (80% earnings payout ratio) and cash flows (69% cash payout ratio). The dividend has increased by an average of 25% per year over the past 5 years. However, payments have been volatile during that time. EPS is expected to grow by 37% over the next 3 years, which should provide support to the dividend and adequate earnings cover.お知らせ • Mar 26Cheerwin Group Limited, Annual General Meeting, Jun 17, 2026Cheerwin Group Limited, Annual General Meeting, Jun 17, 2026.お知らせ • Mar 13Cheerwin Group Limited to Report Fiscal Year 2025 Results on Mar 25, 2026Cheerwin Group Limited announced that they will report fiscal year 2025 results on Mar 25, 2026お知らせ • Aug 18Cheerwin Group Limited to Report First Half, 2025 Results on Aug 28, 2025Cheerwin Group Limited announced that they will report first half, 2025 results on Aug 28, 2025お知らせ • Jun 19Cheerwin Group Limited Declares Final Dividend for the Year Ended 31 December 2024Cheerwin Group Limited at its AGM Held on June 19, 2025 approved to declare a final dividend of RMB 0.0682 per share (equivalent to HKD 0.0739 per share) of the Company for the year ended 31 December 2024.お知らせ • Mar 25Cheerwin Group Limited, Annual General Meeting, Jun 19, 2025Cheerwin Group Limited, Annual General Meeting, Jun 19, 2025.お知らせ • Mar 13Cheerwin Group Limited to Report Fiscal Year 2024 Results on Mar 25, 2025Cheerwin Group Limited announced that they will report fiscal year 2024 results on Mar 25, 2025Recent Insider Transactions • Oct 17Chairman of the Board & CEO recently bought €68k worth of stockOn the 9th of October, Danxia Chen bought around 300k shares on-market at roughly €0.23 per share. This transaction amounted to 6.7% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Danxia has been a buyer over the last 12 months, purchasing a net total of €161k worth in shares.Reported Earnings • Sep 29First half 2024 earnings released: EPS: CN¥0.14 (vs CN¥0.10 in 1H 2023)First half 2024 results: EPS: CN¥0.14 (up from CN¥0.10 in 1H 2023). Revenue: CN¥1.25b (up 10% from 1H 2023). Net income: CN¥179.5m (up 32% from 1H 2023). Profit margin: 14% (up from 12% in 1H 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 3.1% growth forecast for the Household Products industry in Europe. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has fallen by 24% per year, which means it is significantly lagging earnings.Reported Earnings • Aug 28First half 2024 earnings released: EPS: CN¥0.14 (vs CN¥0.10 in 1H 2023)First half 2024 results: EPS: CN¥0.14 (up from CN¥0.10 in 1H 2023). Revenue: CN¥1.25b (up 10% from 1H 2023). Net income: CN¥179.5m (up 32% from 1H 2023). Profit margin: 14% (up from 12% in 1H 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 3.3% growth forecast for the Household Products industry in Europe. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has fallen by 27% per year, which means it is significantly lagging earnings.New Risk • Aug 28New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 0.8% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 0.8% per year for the foreseeable future. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.お知らせ • Aug 26Cheerwin Group Limited Announces Interim Dividend for the Six Months Ended 30 June 2024, Payable on 10 October 2024Cheerwin Group Limited announced interim dividend of RMB 0.0538 per share for the six months ended June 30, 2024. The dividend is payable on 10 October 2024 with Ex-dividend date of 11 September 2024 and Record date of 17 September 2024.お知らせ • Aug 14Cheerwin Group Limited to Report First Half, 2024 Results on Aug 26, 2024Cheerwin Group Limited announced that they will report first half, 2024 results on Aug 26, 2024お知らせ • Jul 16Cheerwin Group Limited Announces Board ChangesCheerwin Group Limited announced that Mr. Xie Rusong (Mr. Xie) has tendered his resignation as an executive director with effect from 16 July 2024 due to the company's internal work deployment and he is appointed as the company's consultant on operation and management, such that more of his attention would be dedicated to his new role. The board announced that Ms. Wang Dong (Ms. Wang) and Mr. Lv Yongji (Mr. Lv) have both been appointed as executive Directors with effect from 16 July 2024 (the Appointments). Ms. Wang Dong, aged 45, is the chief operating officer, the general manager of the brand management center, general manager of the technology research and development center, and joint company secretary of the Company. She is primarily responsible for overseeing the overall business operation and brand management of the Group, and in charge of brand management center, e-commerce operation center, technology research and development center, and Guangdong Zhongkeyan Cosmetic Technology Research Company Limited, etc. She also serves as the general manager of brand management center in Guangzhou Cheerwin Biotechnology Company Limited. Ms. Wang has over 21 years of experience in consumer goods industry. From December 2016 to March 2019, Ms. Wang was the general manager in Guangzhou Megahive Media Company Limited. From June 2002 to November 2016, Ms. Wang served in Guangzhou Liby Group Company Limited with her last position being the deputy general manager of brand management center and director of media communication division. Ms. Wang assumed responsibility for brand management of the Cheerwin Business Division in July 2012. She was officially transferred to the Group in April 2019. Ms. Wang obtained her dual bachelor's degrees in packaging engineering and business administration from Wuhan Polytechnic University, the PRC, in June 2002. In 2016, Ms. Wang was recognized as the Guangzhou Municipal March 8th Red-Banner Pacesetter by Guangzhou Women's Federation. Mr. Lv Yongji, aged 37, is the vice president of marketing of the Company. He suggests and participates in the discussions about the Group's operation and management decisions on major issues, and is in charge of the marketing management of the sales center, marketing force planning department, and commercial and overseas business department of the Group. Mr. Lv has over 16 years of experience in consumer goods industry. Mr. Lv worked in Guangzhou Liby Group Company Limited from July 2008 to December 2023 with his last position being the vice president of the sales head office and the director of the live sales business. He was formally transferred to the Group in December 2023. Mr. Lv received his bachelor degree in polymer materials science and engineering from Nanchang University, the PRC, in June 2008.お知らせ • Jun 19Cheerwin Group Limited Approves Final Dividend for the Year Ended 31 December 2023Cheerwin Group Limited at its AGM held on June 19, 2024 approved final dividend of RMB 0.0640 per share (equivalent to HKD 0.0705 per share) of the Company for the year ended 31 December 2023.Upcoming Dividend • Jun 17Upcoming dividend of HK$0.07 per shareEligible shareholders must have bought the stock before 24 June 2024. Payment date: 08 July 2024. Payout ratio is on the higher end at 80%, however this is supported by cash flows. Trailing yield: 7.8%. Within top quartile of German dividend payers (4.7%). Higher than average of industry peers (2.6%).お知らせ • May 01Cheerwin Group Limited, Annual General Meeting, Jun 19, 2024Cheerwin Group Limited, Annual General Meeting, Jun 19, 2024. Agenda: To consider final dividend.Reported Earnings • Mar 26Full year 2023 earnings released: EPS: CN¥0.13 (vs CN¥0.049 in FY 2022)Full year 2023 results: EPS: CN¥0.13 (up from CN¥0.049 in FY 2022). Revenue: CN¥1.62b (up 12% from FY 2022). Net income: CN¥175.0m (up 170% from FY 2022). Profit margin: 11% (up from 4.5% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 12% p.a. on average during the next 2 years, compared to a 2.7% growth forecast for the Household Products industry in Europe. Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has fallen by 45% per year, which means it is performing significantly worse than earnings.お知らせ • Mar 14Cheerwin Group Limited to Report Fiscal Year 2023 Results on Mar 25, 2024Cheerwin Group Limited announced that they will report fiscal year 2023 results on Mar 25, 2024Upcoming Dividend • Sep 06Upcoming dividend of HK$0.045 per share at 3.0% yieldEligible shareholders must have bought the stock before 13 September 2023. Payment date: 12 October 2023. Payout ratio is on the higher end at 75%, and the cash payout ratio is above 100%. Trailing yield: 3.0%. Lower than top quartile of German dividend payers (4.8%). Higher than average of industry peers (2.5%).Reported Earnings • Aug 30First half 2023 earnings released: EPS: CN¥0.10 (vs CN¥0.067 in 1H 2022)First half 2023 results: EPS: CN¥0.10 (up from CN¥0.067 in 1H 2022). Revenue: CN¥1.13b (up 11% from 1H 2022). Net income: CN¥136.5m (up 52% from 1H 2022). Profit margin: 12% (up from 8.8% in 1H 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 2.4% growth forecast for the Household Products industry in Europe.お知らせ • Aug 12Cheerwin Group Limited to Report First Half, 2023 Results on Aug 28, 2023Cheerwin Group Limited announced that they will report first half, 2023 results on Aug 28, 2023お知らせ • Jun 20Cheerwin Group Limited Approves Final Dividend for the Year Ended 31 December 2022Cheerwin Group Limited announced that at its Annual General Meeting held on 19 June 2023, declare a final dividend of RMB 0.0220 per share (equivalent to HKD 0.0251 per share) of the Company for the year ended 31 December 2022.Upcoming Dividend • Jun 14Upcoming dividend of HK$0.025 per share at 2.8% yieldEligible shareholders must have bought the stock before 21 June 2023. Payment date: 07 July 2023. Payout ratio is on the higher end at 80%, and the cash payout ratio is above 100%. Trailing yield: 2.8%. Lower than top quartile of German dividend payers (4.7%). Higher than average of industry peers (2.5%).Reported Earnings • Mar 25Full year 2022 earnings released: EPS: CN¥0.049 (vs CN¥0.072 in FY 2021)Full year 2022 results: EPS: CN¥0.049 (down from CN¥0.072 in FY 2021). Revenue: CN¥1.44b (down 19% from FY 2021). Net income: CN¥64.7m (down 30% from FY 2021). Profit margin: 4.5% (down from 5.2% in FY 2021). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 16% p.a. on average during the next 2 years, compared to a 3.2% growth forecast for the Household Products industry in Europe.Board Change • Nov 16Less than half of directors are independentThere are 6 new directors who have joined the board in the last 3 years. Of these new board members, 3 were independent directors. The company's board is composed of: 6 new directors. 1 experienced director. No highly experienced directors. 3 independent directors (4 non-independent directors). Chairman of the Board & CEO Danxia Chen is the most experienced director on the board, commencing their role in 2018. Independent Non-Executive Director Rong Yu was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors.Recent Insider Transactions • Oct 23VP & Executive Director recently bought €63k worth of stockOn the 19th of October, Rusong Xie bought around 311k shares on-market at roughly €0.20 per share. This transaction increased Rusong's direct individual holding by 2x at the time of the trade. In the last 3 months, there was an even bigger purchase from another insider worth €126k. Insiders have collectively bought €776k more in shares than they have sold in the last 12 months.Upcoming Dividend • Sep 07Upcoming dividend of HK$0.019 per shareEligible shareholders must have bought the stock before 14 September 2022. Payment date: 12 October 2022. The company is paying out more than 100% of its profits and is cash flow negative. Trailing yield: 2.0%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (2.8%).Recent Insider Transactions • Sep 06Chairman of the Board & CEO recently bought €126k worth of stockOn the 2nd of September, Danxia Chen bought around 500k shares on-market at roughly €0.25 per share. This transaction amounted to 14% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Danxia has been a buyer over the last 12 months, purchasing a net total of €679k worth in shares.Reported Earnings • Sep 01First half 2022 earnings released: EPS: CN¥0.067 (vs CN¥0.10 in 1H 2021)First half 2022 results: EPS: CN¥0.067 (down from CN¥0.10 in 1H 2021). Revenue: CN¥1.02b (down 20% from 1H 2021). Net income: CN¥89.6m (down 25% from 1H 2021). Profit margin: 8.8% (down from 9.4% in 1H 2021). The decrease in margin was driven by lower revenue. Over the next year, revenue is forecast to grow 31%, compared to a 7.7% growth forecast for the Household Products industry in Germany.Upcoming Dividend • Jun 01Upcoming dividend of HK$0.068 per shareEligible shareholders must have bought the stock before 08 June 2022. Payment date: 24 June 2022. Payout ratio is on the higher end at 76% but the company is not cash flow positive. Trailing yield: 2.8%. Lower than top quartile of German dividend payers (4.2%). In line with average of industry peers (2.9%).Recent Insider Transactions • Apr 30Chairman of the Board & CEO recently bought €145k worth of stockOn the 25th of April, Danxia Chen bought around 500k shares on-market at roughly €0.29 per share. This was the largest purchase by an insider in the last 3 months. Danxia has been a buyer over the last 12 months, purchasing a net total of €1.8m worth in shares.Board Change • Apr 27Less than half of directors are independentThere are 6 new directors who have joined the board in the last 3 years. Of these new board members, 3 were independent directors. The company's board is composed of: 6 new directors. 1 experienced director. No highly experienced directors. 3 independent directors (4 non-independent directors). Chairman of the Board & CEO Danxia Chen is the most experienced director on the board, commencing their role in 2018. Independent Non-Executive Director Evan Guo was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors.Reported Earnings • Mar 29Full year 2021 earnings released: EPS: CN¥0.073 (vs CN¥0.23 in FY 2020)Full year 2021 results: EPS: CN¥0.073 (down from CN¥0.23 in FY 2020). Revenue: CN¥1.77b (up 3.9% from FY 2020). Net income: CN¥92.1m (down 59% from FY 2020). Profit margin: 5.2% (down from 13% in FY 2020). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 15%, compared to a 2.7% growth forecast for the industry in Germany.Recent Insider Transactions • Jan 05Chairman of the Board & CEO recently bought €85k worth of stockOn the 30th of December, Danxia Chen bought around 250k shares on-market at roughly €0.34 per share. In the last 3 months, they made an even bigger purchase worth €96k. Danxia has been a buyer over the last 12 months, purchasing a net total of €1.6m worth in shares.Recent Insider Transactions • Jul 28Chairman of the Board & CEO recently bought €953k worth of stockOn the 22nd of July, Danxia Chen bought around 1m shares on-market at roughly €0.74 per share. This was the largest purchase by an insider in the last 3 months. Danxia has been a buyer over the last 12 months, purchasing a net total of €1.3m worth in shares.Reported Earnings • Apr 25Full year 2020 earnings released: EPS CN¥0.23 (vs CN¥0.19 in FY 2019)The company reported a solid full year result with improved earnings and revenues, although profit margins were flat. Full year 2020 results: Revenue: CN¥1.70b (up 23% from FY 2019). Net income: CN¥223.8m (up 21% from FY 2019). Profit margin: 13% (in line with FY 2019).業績と収益の成長予測DB:1RQ - アナリストの将来予測と過去の財務データ ( )CNY Millions日付収益収益フリー・キャッシュフロー営業活動によるキャッシュ平均アナリスト数12/31/20282,947316280369212/31/20272,632278243296312/31/20262,357249238294312/31/20251,988224261268N/A9/30/20251,949211189200N/A6/30/20251,910197118133N/A3/31/20251,8652005671N/A12/31/20241,820203-59N/A9/30/20241,776211110125N/A6/30/20241,732218226241N/A3/31/20241,674196269284N/A12/31/20231,616175312327N/A9/30/20231,586144234249N/A6/30/20231,556113156170N/A3/31/20231,50190108121N/A12/31/20221,447666072N/A9/30/20221,48464-813N/A6/30/20221,52062-76-46N/A3/31/20221,64577-159-119N/A12/31/20211,76992-241-192N/A9/30/20211,761125111156N/A6/30/20211,762161112152N/A3/31/20211,732192232267N/A12/31/20201,702224352383N/A9/30/20201,595216339376N/A12/31/20191,383185443473N/A12/31/20181,350177N/A-114N/A12/31/20171,346170N/A575N/Aもっと見るアナリストによる今後の成長予測収入対貯蓄率: 1RQの予測収益成長率 (年間11.3% ) は 貯蓄率 ( 1.9% ) を上回っています。収益対市場: 1RQの収益 ( 11.3% ) German市場 ( 17.1% ) よりも低い成長が予測されています。高成長収益: 1RQの収益は増加すると予測されていますが、大幅には増加しません。収益対市場: 1RQの収益 ( 12.7% ) German市場 ( 6.8% ) よりも速いペースで成長すると予測されています。高い収益成長: 1RQの収益 ( 12.7% ) 20%よりも低い成長が予測されています。一株当たり利益成長率予想将来の株主資本利益率将来のROE: 1RQの 自己資本利益率 は、3年後には低くなると予測されています ( 9.9 %)。成長企業の発掘7D1Y7D1Y7D1YHousehold 業界の高成長企業。View Past Performance企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/24 03:51終値2026/05/22 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本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Cheerwin Group Limited 3 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。4 アナリスト機関Zhuonan XuChina International Capital Corporation LimitedYa JiangCitic Securities Co., Ltd.Dustin WeiMorgan Stanley1 その他のアナリストを表示
Board Change • May 20Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 5 non-independent directors. Independent Non-Executive Director Rong Yu was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Declared Dividend • May 20Final dividend of HK$0.093 announcedShareholders will receive a dividend of HK$0.093. Ex-date: 24th June 2026 Payment date: 8th July 2026 Dividend yield will be 41%, which is higher than the industry average of 2.5%. Sustainability & Growth Dividend is covered by both earnings (80% earnings payout ratio) and cash flows (69% cash payout ratio). The dividend has increased by an average of 25% per year over the past 5 years. However, payments have been volatile during that time. EPS is expected to grow by 37% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
お知らせ • Mar 26Cheerwin Group Limited, Annual General Meeting, Jun 17, 2026Cheerwin Group Limited, Annual General Meeting, Jun 17, 2026.
お知らせ • Mar 13Cheerwin Group Limited to Report Fiscal Year 2025 Results on Mar 25, 2026Cheerwin Group Limited announced that they will report fiscal year 2025 results on Mar 25, 2026
お知らせ • Aug 18Cheerwin Group Limited to Report First Half, 2025 Results on Aug 28, 2025Cheerwin Group Limited announced that they will report first half, 2025 results on Aug 28, 2025
お知らせ • Jun 19Cheerwin Group Limited Declares Final Dividend for the Year Ended 31 December 2024Cheerwin Group Limited at its AGM Held on June 19, 2025 approved to declare a final dividend of RMB 0.0682 per share (equivalent to HKD 0.0739 per share) of the Company for the year ended 31 December 2024.
お知らせ • Mar 25Cheerwin Group Limited, Annual General Meeting, Jun 19, 2025Cheerwin Group Limited, Annual General Meeting, Jun 19, 2025.
お知らせ • Mar 13Cheerwin Group Limited to Report Fiscal Year 2024 Results on Mar 25, 2025Cheerwin Group Limited announced that they will report fiscal year 2024 results on Mar 25, 2025
Recent Insider Transactions • Oct 17Chairman of the Board & CEO recently bought €68k worth of stockOn the 9th of October, Danxia Chen bought around 300k shares on-market at roughly €0.23 per share. This transaction amounted to 6.7% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Danxia has been a buyer over the last 12 months, purchasing a net total of €161k worth in shares.
Reported Earnings • Sep 29First half 2024 earnings released: EPS: CN¥0.14 (vs CN¥0.10 in 1H 2023)First half 2024 results: EPS: CN¥0.14 (up from CN¥0.10 in 1H 2023). Revenue: CN¥1.25b (up 10% from 1H 2023). Net income: CN¥179.5m (up 32% from 1H 2023). Profit margin: 14% (up from 12% in 1H 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 3.1% growth forecast for the Household Products industry in Europe. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has fallen by 24% per year, which means it is significantly lagging earnings.
Reported Earnings • Aug 28First half 2024 earnings released: EPS: CN¥0.14 (vs CN¥0.10 in 1H 2023)First half 2024 results: EPS: CN¥0.14 (up from CN¥0.10 in 1H 2023). Revenue: CN¥1.25b (up 10% from 1H 2023). Net income: CN¥179.5m (up 32% from 1H 2023). Profit margin: 14% (up from 12% in 1H 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 3.3% growth forecast for the Household Products industry in Europe. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has fallen by 27% per year, which means it is significantly lagging earnings.
New Risk • Aug 28New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 0.8% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 0.8% per year for the foreseeable future. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.
お知らせ • Aug 26Cheerwin Group Limited Announces Interim Dividend for the Six Months Ended 30 June 2024, Payable on 10 October 2024Cheerwin Group Limited announced interim dividend of RMB 0.0538 per share for the six months ended June 30, 2024. The dividend is payable on 10 October 2024 with Ex-dividend date of 11 September 2024 and Record date of 17 September 2024.
お知らせ • Aug 14Cheerwin Group Limited to Report First Half, 2024 Results on Aug 26, 2024Cheerwin Group Limited announced that they will report first half, 2024 results on Aug 26, 2024
お知らせ • Jul 16Cheerwin Group Limited Announces Board ChangesCheerwin Group Limited announced that Mr. Xie Rusong (Mr. Xie) has tendered his resignation as an executive director with effect from 16 July 2024 due to the company's internal work deployment and he is appointed as the company's consultant on operation and management, such that more of his attention would be dedicated to his new role. The board announced that Ms. Wang Dong (Ms. Wang) and Mr. Lv Yongji (Mr. Lv) have both been appointed as executive Directors with effect from 16 July 2024 (the Appointments). Ms. Wang Dong, aged 45, is the chief operating officer, the general manager of the brand management center, general manager of the technology research and development center, and joint company secretary of the Company. She is primarily responsible for overseeing the overall business operation and brand management of the Group, and in charge of brand management center, e-commerce operation center, technology research and development center, and Guangdong Zhongkeyan Cosmetic Technology Research Company Limited, etc. She also serves as the general manager of brand management center in Guangzhou Cheerwin Biotechnology Company Limited. Ms. Wang has over 21 years of experience in consumer goods industry. From December 2016 to March 2019, Ms. Wang was the general manager in Guangzhou Megahive Media Company Limited. From June 2002 to November 2016, Ms. Wang served in Guangzhou Liby Group Company Limited with her last position being the deputy general manager of brand management center and director of media communication division. Ms. Wang assumed responsibility for brand management of the Cheerwin Business Division in July 2012. She was officially transferred to the Group in April 2019. Ms. Wang obtained her dual bachelor's degrees in packaging engineering and business administration from Wuhan Polytechnic University, the PRC, in June 2002. In 2016, Ms. Wang was recognized as the Guangzhou Municipal March 8th Red-Banner Pacesetter by Guangzhou Women's Federation. Mr. Lv Yongji, aged 37, is the vice president of marketing of the Company. He suggests and participates in the discussions about the Group's operation and management decisions on major issues, and is in charge of the marketing management of the sales center, marketing force planning department, and commercial and overseas business department of the Group. Mr. Lv has over 16 years of experience in consumer goods industry. Mr. Lv worked in Guangzhou Liby Group Company Limited from July 2008 to December 2023 with his last position being the vice president of the sales head office and the director of the live sales business. He was formally transferred to the Group in December 2023. Mr. Lv received his bachelor degree in polymer materials science and engineering from Nanchang University, the PRC, in June 2008.
お知らせ • Jun 19Cheerwin Group Limited Approves Final Dividend for the Year Ended 31 December 2023Cheerwin Group Limited at its AGM held on June 19, 2024 approved final dividend of RMB 0.0640 per share (equivalent to HKD 0.0705 per share) of the Company for the year ended 31 December 2023.
Upcoming Dividend • Jun 17Upcoming dividend of HK$0.07 per shareEligible shareholders must have bought the stock before 24 June 2024. Payment date: 08 July 2024. Payout ratio is on the higher end at 80%, however this is supported by cash flows. Trailing yield: 7.8%. Within top quartile of German dividend payers (4.7%). Higher than average of industry peers (2.6%).
お知らせ • May 01Cheerwin Group Limited, Annual General Meeting, Jun 19, 2024Cheerwin Group Limited, Annual General Meeting, Jun 19, 2024. Agenda: To consider final dividend.
Reported Earnings • Mar 26Full year 2023 earnings released: EPS: CN¥0.13 (vs CN¥0.049 in FY 2022)Full year 2023 results: EPS: CN¥0.13 (up from CN¥0.049 in FY 2022). Revenue: CN¥1.62b (up 12% from FY 2022). Net income: CN¥175.0m (up 170% from FY 2022). Profit margin: 11% (up from 4.5% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 12% p.a. on average during the next 2 years, compared to a 2.7% growth forecast for the Household Products industry in Europe. Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has fallen by 45% per year, which means it is performing significantly worse than earnings.
お知らせ • Mar 14Cheerwin Group Limited to Report Fiscal Year 2023 Results on Mar 25, 2024Cheerwin Group Limited announced that they will report fiscal year 2023 results on Mar 25, 2024
Upcoming Dividend • Sep 06Upcoming dividend of HK$0.045 per share at 3.0% yieldEligible shareholders must have bought the stock before 13 September 2023. Payment date: 12 October 2023. Payout ratio is on the higher end at 75%, and the cash payout ratio is above 100%. Trailing yield: 3.0%. Lower than top quartile of German dividend payers (4.8%). Higher than average of industry peers (2.5%).
Reported Earnings • Aug 30First half 2023 earnings released: EPS: CN¥0.10 (vs CN¥0.067 in 1H 2022)First half 2023 results: EPS: CN¥0.10 (up from CN¥0.067 in 1H 2022). Revenue: CN¥1.13b (up 11% from 1H 2022). Net income: CN¥136.5m (up 52% from 1H 2022). Profit margin: 12% (up from 8.8% in 1H 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 2.4% growth forecast for the Household Products industry in Europe.
お知らせ • Aug 12Cheerwin Group Limited to Report First Half, 2023 Results on Aug 28, 2023Cheerwin Group Limited announced that they will report first half, 2023 results on Aug 28, 2023
お知らせ • Jun 20Cheerwin Group Limited Approves Final Dividend for the Year Ended 31 December 2022Cheerwin Group Limited announced that at its Annual General Meeting held on 19 June 2023, declare a final dividend of RMB 0.0220 per share (equivalent to HKD 0.0251 per share) of the Company for the year ended 31 December 2022.
Upcoming Dividend • Jun 14Upcoming dividend of HK$0.025 per share at 2.8% yieldEligible shareholders must have bought the stock before 21 June 2023. Payment date: 07 July 2023. Payout ratio is on the higher end at 80%, and the cash payout ratio is above 100%. Trailing yield: 2.8%. Lower than top quartile of German dividend payers (4.7%). Higher than average of industry peers (2.5%).
Reported Earnings • Mar 25Full year 2022 earnings released: EPS: CN¥0.049 (vs CN¥0.072 in FY 2021)Full year 2022 results: EPS: CN¥0.049 (down from CN¥0.072 in FY 2021). Revenue: CN¥1.44b (down 19% from FY 2021). Net income: CN¥64.7m (down 30% from FY 2021). Profit margin: 4.5% (down from 5.2% in FY 2021). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 16% p.a. on average during the next 2 years, compared to a 3.2% growth forecast for the Household Products industry in Europe.
Board Change • Nov 16Less than half of directors are independentThere are 6 new directors who have joined the board in the last 3 years. Of these new board members, 3 were independent directors. The company's board is composed of: 6 new directors. 1 experienced director. No highly experienced directors. 3 independent directors (4 non-independent directors). Chairman of the Board & CEO Danxia Chen is the most experienced director on the board, commencing their role in 2018. Independent Non-Executive Director Rong Yu was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors.
Recent Insider Transactions • Oct 23VP & Executive Director recently bought €63k worth of stockOn the 19th of October, Rusong Xie bought around 311k shares on-market at roughly €0.20 per share. This transaction increased Rusong's direct individual holding by 2x at the time of the trade. In the last 3 months, there was an even bigger purchase from another insider worth €126k. Insiders have collectively bought €776k more in shares than they have sold in the last 12 months.
Upcoming Dividend • Sep 07Upcoming dividend of HK$0.019 per shareEligible shareholders must have bought the stock before 14 September 2022. Payment date: 12 October 2022. The company is paying out more than 100% of its profits and is cash flow negative. Trailing yield: 2.0%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (2.8%).
Recent Insider Transactions • Sep 06Chairman of the Board & CEO recently bought €126k worth of stockOn the 2nd of September, Danxia Chen bought around 500k shares on-market at roughly €0.25 per share. This transaction amounted to 14% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Danxia has been a buyer over the last 12 months, purchasing a net total of €679k worth in shares.
Reported Earnings • Sep 01First half 2022 earnings released: EPS: CN¥0.067 (vs CN¥0.10 in 1H 2021)First half 2022 results: EPS: CN¥0.067 (down from CN¥0.10 in 1H 2021). Revenue: CN¥1.02b (down 20% from 1H 2021). Net income: CN¥89.6m (down 25% from 1H 2021). Profit margin: 8.8% (down from 9.4% in 1H 2021). The decrease in margin was driven by lower revenue. Over the next year, revenue is forecast to grow 31%, compared to a 7.7% growth forecast for the Household Products industry in Germany.
Upcoming Dividend • Jun 01Upcoming dividend of HK$0.068 per shareEligible shareholders must have bought the stock before 08 June 2022. Payment date: 24 June 2022. Payout ratio is on the higher end at 76% but the company is not cash flow positive. Trailing yield: 2.8%. Lower than top quartile of German dividend payers (4.2%). In line with average of industry peers (2.9%).
Recent Insider Transactions • Apr 30Chairman of the Board & CEO recently bought €145k worth of stockOn the 25th of April, Danxia Chen bought around 500k shares on-market at roughly €0.29 per share. This was the largest purchase by an insider in the last 3 months. Danxia has been a buyer over the last 12 months, purchasing a net total of €1.8m worth in shares.
Board Change • Apr 27Less than half of directors are independentThere are 6 new directors who have joined the board in the last 3 years. Of these new board members, 3 were independent directors. The company's board is composed of: 6 new directors. 1 experienced director. No highly experienced directors. 3 independent directors (4 non-independent directors). Chairman of the Board & CEO Danxia Chen is the most experienced director on the board, commencing their role in 2018. Independent Non-Executive Director Evan Guo was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors.
Reported Earnings • Mar 29Full year 2021 earnings released: EPS: CN¥0.073 (vs CN¥0.23 in FY 2020)Full year 2021 results: EPS: CN¥0.073 (down from CN¥0.23 in FY 2020). Revenue: CN¥1.77b (up 3.9% from FY 2020). Net income: CN¥92.1m (down 59% from FY 2020). Profit margin: 5.2% (down from 13% in FY 2020). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 15%, compared to a 2.7% growth forecast for the industry in Germany.
Recent Insider Transactions • Jan 05Chairman of the Board & CEO recently bought €85k worth of stockOn the 30th of December, Danxia Chen bought around 250k shares on-market at roughly €0.34 per share. In the last 3 months, they made an even bigger purchase worth €96k. Danxia has been a buyer over the last 12 months, purchasing a net total of €1.6m worth in shares.
Recent Insider Transactions • Jul 28Chairman of the Board & CEO recently bought €953k worth of stockOn the 22nd of July, Danxia Chen bought around 1m shares on-market at roughly €0.74 per share. This was the largest purchase by an insider in the last 3 months. Danxia has been a buyer over the last 12 months, purchasing a net total of €1.3m worth in shares.
Reported Earnings • Apr 25Full year 2020 earnings released: EPS CN¥0.23 (vs CN¥0.19 in FY 2019)The company reported a solid full year result with improved earnings and revenues, although profit margins were flat. Full year 2020 results: Revenue: CN¥1.70b (up 23% from FY 2019). Net income: CN¥223.8m (up 21% from FY 2019). Profit margin: 13% (in line with FY 2019).