View ValuationIKD 향후 성장Future 기준 점검 1/6IKD (는) 각각 연간 19.9% 및 17.1% 수익과 수익이 증가할 것으로 예상됩니다. EPS는 연간 19.3% 만큼 성장할 것으로 예상됩니다. 자기자본이익률은 3년 후 14.4% 로 예상됩니다.핵심 정보19.9%이익 성장률19.28%EPS 성장률Auto Components 이익 성장22.4%매출 성장률17.1%향후 자기자본이익률14.41%애널리스트 커버리지Low마지막 업데이트09 Jun 2026최근 향후 성장 업데이트Price Target Changed • Mar 08Price target increased by 18% to CN¥30.74Up from CN¥26.04, the current price target is an average from 2 analysts. New target price is 76% above last closing price of CN¥17.44. Stock is down 12% over the past year. The company is forecast to post earnings per share of CN¥1.18 for next year compared to CN¥0.98 last year.Price Target Changed • Nov 11Price target increased by 9.4% to CN¥25.63Up from CN¥23.43, the current price target is an average from 4 analysts. New target price is 25% above last closing price of CN¥20.48. Stock is up 27% over the past year. The company is forecast to post earnings per share of CN¥1.18 for next year compared to CN¥0.98 last year.Major Estimate Revision • Apr 06Consensus revenue estimates fall by 10%The consensus outlook for revenues in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from CN¥8.90b to CN¥7.98b. EPS estimate fell from CN¥1.33 to CN¥1.15 per share. Net income forecast to grow 20% next year vs 35% growth forecast for Auto Components industry in China. Consensus price target up from CN¥22.92 to CN¥23.61. Share price fell 8.0% to CN¥16.05 over the past week.Price Target Changed • Sep 02Price target decreased by 18% to CN¥22.75Down from CN¥27.80, the current price target is an average from 3 analysts. New target price is 84% above last closing price of CN¥12.38. Stock is down 50% over the past year. The company is forecast to post earnings per share of CN¥1.13 for next year compared to CN¥1.03 last year.Price Target Changed • Jul 18Price target increased by 8.8% to CN¥26.50Up from CN¥24.35, the current price target is an average from 2 analysts. New target price is 11% above last closing price of CN¥23.85. Stock is up 30% over the past year. The company is forecast to post earnings per share of CN¥0.95 for next year compared to CN¥0.74 last year.Price Target Changed • Apr 27Price target increased by 8.8% to CN¥26.50Up from CN¥24.35, the current price target is an average from 2 analysts. New target price is 26% above last closing price of CN¥21.04. Stock is up 117% over the past year. The company is forecast to post earnings per share of CN¥0.90 for next year compared to CN¥0.74 last year.모든 업데이트 보기Recent updates공시 • Jun 17IKD Co., Ltd. (SHSE:600933) announces an Equity Buyback for CNY 200 million worth of its shares.IKD Co., Ltd. (SHSE:600933) ) announces a share repurchase program. Under the program, the company will repurchase up to CNY 200 million worth of its A shares. The shares will be repurchased at a price not more than CNY 24.9 per share. The repurchased shares will be used for employee stock ownership plans or equity incentives, and shares not used within 3 years after the completion of the repurchase will be cancelled. The program will be financed via own funds or special repurchase loans. The authorization will be valid for a period of 12 months from board approval date. Effective from June 16, 2026, the company announced that it has adjusted its repurchase price from CNY 24.9 per share to CNY 24.5 per share.Declared Dividend • Jun 15Dividend increased to CN¥0.40Dividend of CN¥0.40 is 33% higher than last year. Ex-date: 16th June 2026 Payment date: 16th June 2026 Dividend yield will be 2.7%, which is higher than the industry average of 1.8%. Sustainability & Growth Dividend is covered by both earnings (36% earnings payout ratio) and cash flows (62% cash payout ratio). The dividend has increased by an average of 7.2% per year over the past 8 years and payments have been stable during that time. EPS is expected to grow by 70% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Reported Earnings • May 05Full year 2025 earnings: EPS and revenues miss analyst expectationsFull year 2025 results: EPS: CN¥1.18 (up from CN¥0.98 in FY 2024). Revenue: CN¥7.41b (up 9.9% from FY 2024). Net income: CN¥1.17b (up 25% from FY 2024). Profit margin: 16% (up from 14% in FY 2024). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 6.9%. Earnings per share (EPS) also missed analyst estimates by 4.8%. Revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Auto Components industry in China. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.공시 • Apr 30IKD Co., Ltd., Annual General Meeting, May 20, 2026IKD Co., Ltd., Annual General Meeting, May 20, 2026, at 13:00 China Standard Time. Location: 3F, No. 588, Jinshan Road, Jiangbei District, Ningbo, Zhejiang China공시 • Mar 30IKD Co., Ltd. to Report Q1, 2026 Results on Apr 30, 2026IKD Co., Ltd. announced that they will report Q1, 2026 results on Apr 30, 2026Price Target Changed • Mar 08Price target increased by 18% to CN¥30.74Up from CN¥26.04, the current price target is an average from 2 analysts. New target price is 76% above last closing price of CN¥17.44. Stock is down 12% over the past year. The company is forecast to post earnings per share of CN¥1.18 for next year compared to CN¥0.98 last year.공시 • Dec 26IKD Co., Ltd. to Report Fiscal Year 2025 Results on Apr 30, 2026IKD Co., Ltd. announced that they will report fiscal year 2025 results on Apr 30, 2026Price Target Changed • Nov 11Price target increased by 9.4% to CN¥25.63Up from CN¥23.43, the current price target is an average from 4 analysts. New target price is 25% above last closing price of CN¥20.48. Stock is up 27% over the past year. The company is forecast to post earnings per share of CN¥1.18 for next year compared to CN¥0.98 last year.New Risk • Nov 04New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 116% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Shareholders have been substantially diluted in the past year (116% increase in shares outstanding). Minor Risk Share price has been volatile over the past 3 months (7.5% average weekly change).Reported Earnings • Oct 30Third quarter 2025 earnings released: EPS: CN¥0.33 (vs CN¥0.30 in 3Q 2024)Third quarter 2025 results: EPS: CN¥0.33 (up from CN¥0.30 in 3Q 2024). Revenue: CN¥1.86b (up 7.9% from 3Q 2024). Net income: CN¥322.3m (up 10% from 3Q 2024). Profit margin: 17% (in line with 3Q 2024). Revenue is forecast to grow 21% p.a. on average during the next 3 years, compared to a 17% growth forecast for the Auto Components industry in China. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.New Risk • Oct 24New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 7.4% 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. This is currently the only risk that has been identified for the company.공시 • Sep 30IKD Co., Ltd. to Report Q3, 2025 Results on Oct 30, 2025IKD Co., Ltd. announced that they will report Q3, 2025 results on Oct 30, 2025Valuation Update With 7 Day Price Move • Sep 19Investor sentiment improves as stock rises 17%After last week's 17% share price gain to CN¥23.08, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 26x in the Auto Components industry in China. Total returns to shareholders of 33% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥9.95 per share.공시 • Jun 30IKD Co., Ltd. to Report First Half, 2025 Results on Aug 29, 2025IKD Co., Ltd. announced that they will report first half, 2025 results on Aug 29, 2025Reported Earnings • May 01First quarter 2025 earnings released: EPS: CN¥0.26 (vs CN¥0.25 in 1Q 2024)First quarter 2025 results: EPS: CN¥0.26 (up from CN¥0.25 in 1Q 2024). Revenue: CN¥1.67b (up 1.4% from 1Q 2024). Net income: CN¥257.3m (up 11% from 1Q 2024). Profit margin: 15% (up from 14% in 1Q 2024). Revenue is forecast to grow 19% p.a. on average during the next 3 years, compared to a 17% growth forecast for the Auto Components industry in China. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Apr 08Investor sentiment deteriorates as stock falls 20%After last week's 20% share price decline to CN¥13.01, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 18x in the Auto Components industry in China. Total returns to shareholders of 31% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥15.82 per share.Major Estimate Revision • Apr 06Consensus revenue estimates fall by 10%The consensus outlook for revenues in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from CN¥8.90b to CN¥7.98b. EPS estimate fell from CN¥1.33 to CN¥1.15 per share. Net income forecast to grow 20% next year vs 35% growth forecast for Auto Components industry in China. Consensus price target up from CN¥22.92 to CN¥23.61. Share price fell 8.0% to CN¥16.05 over the past week.Reported Earnings • Apr 01Full year 2024 earnings: EPS and revenues miss analyst expectationsFull year 2024 results: EPS: CN¥0.98. Revenue: CN¥6.75b (up 13% from FY 2023). Net income: CN¥939.5m (up 2.9% from FY 2023). Profit margin: 14% (down from 15% in FY 2023). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 7.6%. Earnings per share (EPS) also missed analyst estimates by 13%. Revenue is forecast to grow 23% p.a. on average during the next 2 years, compared to a 18% growth forecast for the Auto Components industry in China.Buy Or Sell Opportunity • Mar 31Now 23% undervaluedThe stock has been flat over the last 90 days, currently trading at CN¥16.31. The fair value is estimated to be CN¥21.06, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 28% over the last 3 years. Earnings per share has grown by 38%. Revenue is forecast to grow by 54% in 2 years. Earnings are forecast to grow by 43% in the next 2 years.공시 • Mar 31IKD Co., Ltd., Annual General Meeting, Apr 29, 2025IKD Co., Ltd., Annual General Meeting, Apr 29, 2025, at 13:00 China Standard Time. Location: 3F, No. 588, Jinshan Road, Jiangbei District, Ningbo, Zhejiang China공시 • Mar 28IKD Co., Ltd. to Report Q1, 2025 Results on Apr 30, 2025IKD Co., Ltd. announced that they will report Q1, 2025 results on Apr 30, 2025Valuation Update With 7 Day Price Move • Feb 20Investor sentiment improves as stock rises 19%After last week's 19% share price gain to CN¥20.68, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 20x in the Auto Components industry in China. Total returns to shareholders of 32% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥21.16 per share.New Risk • Feb 19New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 8.6% 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: Minor Risks Dividend is not well covered by cash flows (278% cash payout ratio). Share price has been volatile over the past 3 months (8.6% average weekly change).Buy Or Sell Opportunity • Jan 28Now 20% undervaluedOver the last 90 days, the stock has risen 14% to CN¥17.71. The fair value is estimated to be CN¥22.14, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 28% over the last 3 years. Earnings per share has grown by 38%. Revenue is forecast to grow by 56% in 2 years. Earnings are forecast to grow by 45% in the next 2 years.분석 기사 • Jan 19IKD Co., Ltd.'s (SHSE:600933) Share Price Is Matching Sentiment Around Its EarningsWhen close to half the companies in China have price-to-earnings ratios (or "P/E's") above 35x, you may consider IKD...Valuation Update With 7 Day Price Move • Jan 17Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CN¥17.61, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 19x in the Auto Components industry in China. Total loss to shareholders of 6.1% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥21.76 per share.분석 기사 • Jan 03Are Investors Undervaluing IKD Co., Ltd. (SHSE:600933) By 29%?Key Insights IKD's estimated fair value is CN¥21.77 based on 2 Stage Free Cash Flow to Equity Current share price of...공시 • Dec 27IKD Co., Ltd. to Report Fiscal Year 2024 Results on Apr 11, 2025IKD Co., Ltd. announced that they will report fiscal year 2024 results on Apr 11, 2025Buy Or Sell Opportunity • Dec 23Now 23% undervaluedOver the last 90 days, the stock has risen 33% to CN¥17.02. The fair value is estimated to be CN¥22.19, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 28% over the last 3 years. Earnings per share has grown by 38%. Revenue is forecast to grow by 56% in 2 years. Earnings are forecast to grow by 45% in the next 2 years.분석 기사 • Dec 19Is IKD (SHSE:600933) A Risky Investment?Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...분석 기사 • Dec 03Here's Why We Think IKD (SHSE:600933) Might Deserve Your Attention TodayThe excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...Buy Or Sell Opportunity • Nov 22Now 23% undervaluedOver the last 90 days, the stock has risen 30% to CN¥15.44. The fair value is estimated to be CN¥20.05, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 28% over the last 3 years. Earnings per share has grown by 38%. Revenue is forecast to grow by 56% in 2 years. Earnings are forecast to grow by 45% in the next 2 years.분석 기사 • Nov 05IKD's (SHSE:600933) Profits May Not Reveal Underlying IssuesThe market for IKD Co., Ltd.'s ( SHSE:600933 ) stock was strong after it released a healthy earnings report last week...Valuation Update With 7 Day Price Move • Nov 05Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CN¥16.37, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 16x in the Auto Components industry in China. Total returns to shareholders of 9.1% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥20.69 per share.Reported Earnings • Oct 30Third quarter 2024 earnings released: EPS: CN¥0.30 (vs CN¥0.22 in 3Q 2023)Third quarter 2024 results: EPS: CN¥0.30 (up from CN¥0.22 in 3Q 2023). Revenue: CN¥1.72b (up 8.4% from 3Q 2023). Net income: CN¥292.0m (up 45% from 3Q 2023). Profit margin: 17% (up from 13% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 23% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Auto Components industry in China. Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.분석 기사 • Oct 27Is IKD Co., Ltd. (SHSE:600933) Potentially Undervalued?IKD Co., Ltd. ( SHSE:600933 ), is not the largest company out there, but it saw a significant share price rise of 26...Valuation Update With 7 Day Price Move • Oct 15Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to CN¥13.50, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 16x in the Auto Components industry in China. Total returns to shareholders of 2.7% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥15.97 per share.분석 기사 • Oct 15IKD (SHSE:600933) Hasn't Managed To Accelerate Its ReturnsWhat are the early trends we should look for to identify a stock that could multiply in value over the long term? In a...분석 기사 • Oct 01Market Might Still Lack Some Conviction On IKD Co., Ltd. (SHSE:600933) Even After 26% Share Price BoostIKD Co., Ltd. ( SHSE:600933 ) shareholders would be excited to see that the share price has had a great month, posting...공시 • Sep 30IKD Co., Ltd. to Report Q3, 2024 Results on Oct 30, 2024IKD Co., Ltd. announced that they will report Q3, 2024 results on Oct 30, 2024Valuation Update With 7 Day Price Move • Sep 30Investor sentiment improves as stock rises 17%After last week's 17% share price gain to CN¥14.44, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 15x in the Auto Components industry in China. Total returns to shareholders of 27% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥15.80 per share.분석 기사 • Sep 18Does IKD (SHSE:600933) Have A Healthy Balance Sheet?David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...Buy Or Sell Opportunity • Sep 13Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 25% to CN¥12.55. The fair value is estimated to be CN¥15.94, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 28% over the last 3 years. Earnings per share has grown by 36%. Revenue is forecast to grow by 57% in 2 years. Earnings are forecast to grow by 58% in the next 2 years.Price Target Changed • Sep 02Price target decreased by 18% to CN¥22.75Down from CN¥27.80, the current price target is an average from 3 analysts. New target price is 84% above last closing price of CN¥12.38. Stock is down 50% over the past year. The company is forecast to post earnings per share of CN¥1.13 for next year compared to CN¥1.03 last year.분석 기사 • Aug 31A Look At The Fair Value Of IKD Co., Ltd. (SHSE:600933)Key Insights The projected fair value for IKD is CN¥14.99 based on 2 Stage Free Cash Flow to Equity With CN¥12.30 share...Buy Or Sell Opportunity • Aug 20Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 34% to CN¥12.01. The fair value is estimated to be CN¥15.04, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 28% over the last 3 years. Earnings per share has grown by 34%. Revenue is forecast to grow by 62% in 2 years. Earnings are forecast to grow by 54% in the next 2 years.공시 • Jun 28IKD Co., Ltd. to Report First Half, 2024 Results on Aug 31, 2024IKD Co., Ltd. announced that they will report first half, 2024 results on Aug 31, 2024분석 기사 • Jun 22Returns On Capital At IKD (SHSE:600933) Have Hit The BrakesWhat trends should we look for it we want to identify stocks that can multiply in value over the long term? Amongst...분석 기사 • May 21Is IKD (SHSE:600933) A Risky Investment?Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...New Risk • May 07New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 23% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (23% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Shareholders have been diluted in the past year (9.1% increase in shares outstanding).분석 기사 • May 03Solid Earnings May Not Tell The Whole Story For IKD (SHSE:600933)The market for IKD Co., Ltd.'s ( SHSE:600933 ) stock was strong after it released a healthy earnings report last week...공시 • Apr 29IKD Co., Ltd., Annual General Meeting, May 17, 2024IKD Co., Ltd., Annual General Meeting, May 17, 2024, at 14:00 China Standard Time. Location: No. 577, Jinshan Road, Jiangbei District, Ningbo, Zhejiang ChinaReported Earnings • Apr 28Full year 2023 earnings: EPS misses analyst expectationsFull year 2023 results: EPS: CN¥1.03 (up from CN¥0.74 in FY 2022). Revenue: CN¥5.96b (up 40% from FY 2022). Net income: CN¥913.4m (up 41% from FY 2022). Profit margin: 15% (in line with FY 2022). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 7.7%. Revenue is forecast to grow 23% p.a. on average during the next 2 years, compared to a 18% growth forecast for the Auto Components industry in China. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.분석 기사 • Apr 28Lacklustre Performance Is Driving IKD Co., Ltd.'s (SHSE:600933) Low P/EWhen close to half the companies in China have price-to-earnings ratios (or "P/E's") above 31x, you may consider IKD...New Risk • Apr 11New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 9.1% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (27% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Shareholders have been diluted in the past year (9.1% increase in shares outstanding).공시 • Mar 29IKD Co., Ltd. to Report Q1, 2024 Results on Apr 27, 2024IKD Co., Ltd. announced that they will report Q1, 2024 results on Apr 27, 2024분석 기사 • Feb 28With EPS Growth And More, IKD (SHSE:600933) Makes An Interesting CaseFor beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...공시 • Dec 29IKD Co., Ltd. to Report Fiscal Year 2023 Results on Mar 28, 2024IKD Co., Ltd. announced that they will report fiscal year 2023 results on Mar 28, 2024New Risk • Dec 01New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.0% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (27% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Shareholders have been diluted in the past year (2.0% increase in shares outstanding).Reported Earnings • Nov 01Third quarter 2023 earnings released: EPS: CN¥0.22 (vs CN¥0.22 in 3Q 2022)Third quarter 2023 results: EPS: CN¥0.22 (up from CN¥0.22 in 3Q 2022). Revenue: CN¥1.59b (up 33% from 3Q 2022). Net income: CN¥201.8m (up 3.9% from 3Q 2022). Profit margin: 13% (down from 16% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 24% p.a. on average during the next 3 years, compared to a 22% growth forecast for the Auto Components industry in China. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth.Reported Earnings • Aug 28Second quarter 2023 earnings released: EPS: CN¥0.26 (vs CN¥0.15 in 2Q 2022)Second quarter 2023 results: EPS: CN¥0.26 (up from CN¥0.15 in 2Q 2022). Revenue: CN¥1.39b (up 49% from 2Q 2022). Net income: CN¥226.5m (up 77% from 2Q 2022). Profit margin: 16% (up from 14% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 25% p.a. on average during the next 3 years, compared to a 21% growth forecast for the Auto Components industry in China. Over the last 3 years on average, earnings per share has increased by 21% per year whereas the company’s share price has increased by 17% per year.New Risk • Jul 26New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 6.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (25% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (6.7% average weekly change).Price Target Changed • Jul 18Price target increased by 8.8% to CN¥26.50Up from CN¥24.35, the current price target is an average from 2 analysts. New target price is 11% above last closing price of CN¥23.85. Stock is up 30% over the past year. The company is forecast to post earnings per share of CN¥0.95 for next year compared to CN¥0.74 last year.공시 • May 16IKD Co., Ltd. announced a financing transactionIKD Co., Ltd. announced a private placement of A shares on May 15, 2023. The transaction has been approved at the first extraordinary general meeting of shareholders in 2023.Buying Opportunity • Apr 28Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 11%. The fair value is estimated to be CN¥24.26, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 18% over the last 3 years, while earnings per share has been flat. For the next 3 years, revenue is forecast to grow by 24% per annum. Earnings is also forecast to grow by 24% per annum over the same time period.Price Target Changed • Apr 27Price target increased by 8.8% to CN¥26.50Up from CN¥24.35, the current price target is an average from 2 analysts. New target price is 26% above last closing price of CN¥21.04. Stock is up 117% over the past year. The company is forecast to post earnings per share of CN¥0.90 for next year compared to CN¥0.74 last year.Price Target Changed • Mar 28Price target increased by 8.8% to CN¥26.50Up from CN¥24.35, the current price target is an average from 2 analysts. New target price is 15% above last closing price of CN¥22.96. Stock is up 96% over the past year. The company is forecast to post earnings per share of CN¥0.90 for next year compared to CN¥0.74 last year.Reported Earnings • Mar 27Full year 2022 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2022 results: EPS: CN¥0.74 (up from CN¥0.36 in FY 2021). Revenue: CN¥4.27b (up 33% from FY 2021). Net income: CN¥648.5m (up 109% from FY 2021). Profit margin: 15% (up from 9.7% in FY 2021). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 2.3%. Earnings per share (EPS) exceeded analyst estimates by 1.9%. Revenue is forecast to grow 22% p.a. on average during the next 3 years, compared to a 22% growth forecast for the Auto Components industry in China. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has increased by 32% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • Feb 01Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CN¥24.94, the stock trades at a forward P/E ratio of 30x. Average forward P/E is 25x in the Auto Components industry in China. Total returns to shareholders of 100% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥13.13 per share.Board Change • Nov 16Less 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. 4 non-independent directors. Independent Director Xiaobo Wu was the last independent director to join the board, commencing their role in 2018. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Valuation Update With 7 Day Price Move • Nov 04Investor sentiment improved over the past weekAfter last week's 17% share price gain to CN¥21.99, the stock trades at a forward P/E ratio of 28x. Average forward P/E is 25x in the Auto Components industry in China. Total returns to shareholders of 100% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥9.00 per share.Reported Earnings • Oct 28Third quarter 2022 earnings released: EPS: CN¥0.22 (vs CN¥0.091 in 3Q 2021)Third quarter 2022 results: EPS: CN¥0.22 (up from CN¥0.091 in 3Q 2021). Revenue: CN¥1.19b (up 53% from 3Q 2021). Net income: CN¥194.2m (up 141% from 3Q 2021). Profit margin: 16% (up from 10% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 20% p.a. on average during the next 3 years, compared to a 24% growth forecast for the Auto Components industry in China. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 19% per year, which means it is well ahead of earnings.Major Estimate Revision • Oct 26Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 EPS estimate increased from CN¥0.57 to CN¥0.63. Revenue forecast unchanged at CN¥4.15b. Net income forecast to grow 92% next year vs 69% growth forecast for Auto Components industry in China. Consensus price target of CN¥20.69 unchanged from last update. Share price was steady at CN¥20.21 over the past week.Valuation Update With 7 Day Price Move • Oct 18Investor sentiment improved over the past weekAfter last week's 17% share price gain to CN¥20.38, the stock trades at a forward P/E ratio of 29x. Average forward P/E is 27x in the Auto Components industry in China. Total returns to shareholders of 107% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥11.26 per share.Valuation Update With 7 Day Price Move • Sep 07Investor sentiment improved over the past weekAfter last week's 19% share price gain to CN¥19.99, the stock trades at a forward P/E ratio of 30x. Average forward P/E is 27x in the Auto Components industry in China. Total returns to shareholders of 99% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥12.29 per share.Reported Earnings • Aug 18Second quarter 2022 earnings released: EPS: CN¥0.15 (vs CN¥0.10 in 2Q 2021)Second quarter 2022 results: EPS: CN¥0.15 (up from CN¥0.10 in 2Q 2021). Revenue: CN¥930.5m (up 21% from 2Q 2021). Net income: CN¥128.3m (up 42% from 2Q 2021). Profit margin: 14% (up from 12% in 2Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 28%, compared to a 35% growth forecast for the Auto Components industry in China. Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has increased by 28% per year, which means it is well ahead of earnings.공시 • Jul 21IKD Co., Ltd. (SHSE:600933) completed the acquisition of 67.5% stake in Föhl Die Casting (Taicang) Co., Ltd. from FÖHl Beteiligungen Gmbh and Föhl Asia Pacific Limited.IKD Co., Ltd. (SHSE:600933) entered into equity transfer agreement to acquire 67.5% stake in Föhl Die Casting (Taicang) Co., Ltd. from FÖHl Beteiligungen Gmbh and Föhl Asia Pacific Limited for approximately CNY 300 million on June 28, 2022. As per the transaction, FÖHl Beteiligungen Gmbh will sell 43.75% stake and Föhl Asia Pacific Limited will sell 23.75% stake in Föhl Die Casting (Taicang) Co., Ltd. As on December 31, 2021, Föhl Die Casting (Taicang) Co., Ltd. generated total assets of CNY 300 million, net assets of CNY 188.6 million, operating income of CNY 319.9 million and net profit of CNY 34.2 million. IKD Co., Ltd. (SHSE:600933) completed the acquisition of 67.5% stake in Föhl Die Casting (Taicang) Co., Ltd. from FÖHl Beteiligungen Gmbh and Föhl Asia Pacific Limited on July 20, 2022.Valuation Update With 7 Day Price Move • Jul 18Investor sentiment improved over the past weekAfter last week's 20% share price gain to CN¥19.39, the stock trades at a forward P/E ratio of 31x. Average forward P/E is 27x in the Auto Components industry in China. Total returns to shareholders of 137% over the past three years.Valuation Update With 7 Day Price Move • Jul 04Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to CN¥16.81, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 27x in the Auto Components industry in China. Total returns to shareholders of 123% over the past three years.공시 • Jun 30IKD Co., Ltd. (SHSE:600933) entered into equity transfer agreement to acquire 67.5% stake in Föhl Die Casting (Taicang) Co., Ltd. from FÖHl Beteiligungen Gmbh and Föhl Asia Pacific Limited for approximately CNY 300 million.IKD Co., Ltd. (SHSE:600933) entered into equity transfer agreement to acquire 67.5% stake in Föhl Die Casting (Taicang) Co., Ltd. from FÖHl Beteiligungen Gmbh and Föhl Asia Pacific Limited for approximately CNY 300 million on June 28, 2022. As per the transaction, FÖHl Beteiligungen Gmbh will sell 43.75% stake and Föhl Asia Pacific Limited will sell 23.75% stake in Föhl Die Casting (Taicang) Co., Ltd. As on December 31, 2021, Föhl Die Casting (Taicang) Co., Ltd. generated total assets of CNY 300 million, net assets of CNY 188.6 million, operating income of CNY 319.9 million and net profit of CNY 34.2 million.Valuation Update With 7 Day Price Move • Jun 16Investor sentiment improved over the past weekAfter last week's 16% share price gain to CN¥16.59, the stock trades at a forward P/E ratio of 26x. Average forward P/E is 27x in the Auto Components industry in China. Total returns to shareholders of 118% over the past three years.Board Change • May 29Less 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. 4 non-independent directors. Independent Director Xiaobo Wu was the last independent director to join the board, commencing their role in 2018. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • Apr 28First quarter 2022 earnings: EPS and revenues miss analyst expectationsFirst quarter 2022 results: EPS: CN¥0.10 (down from CN¥0.13 in 1Q 2021). Revenue: CN¥902.9m (up 13% from 1Q 2021). Net income: CN¥84.9m (down 21% from 1Q 2021). Profit margin: 9.4% (down from 13% in 1Q 2021). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 1.5%. Earnings per share (EPS) also missed analyst estimates by 33%. Over the next year, revenue is forecast to grow 26%, compared to a 31% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings.Price Target Changed • Apr 27Price target decreased to CN¥18.41Down from CN¥21.53, the current price target is an average from 5 analysts. New target price is 85% above last closing price of CN¥9.97. Stock is down 31% over the past year. The company is forecast to post earnings per share of CN¥0.62 for next year compared to CN¥0.36 last year.Board Change • Apr 27Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 9 experienced directors. No highly experienced directors. 3 independent directors (4 non-independent directors). Independent Director Xiaobo Wu 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. Insufficient board refreshment.Major Estimate Revision • Mar 24Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 EPS estimate fell from CN¥0.75 to CN¥0.62 per share. Revenue forecast steady at CN¥3.98b. Net income forecast to grow 72% next year vs 60% growth forecast for Auto Components industry in China. Consensus price target down from CN¥21.53 to CN¥18.41. Share price fell 8.7% to CN¥12.45 over the past week.Price Target Changed • Mar 19Price target decreased to CN¥19.86Down from CN¥21.53, the current price target is an average from 3 analysts. New target price is 49% above last closing price of CN¥13.31. Stock is down 19% over the past year. The company is forecast to post earnings per share of CN¥0.71 for next year compared to CN¥0.36 last year.Reported Earnings • Mar 18Full year 2021 earnings: EPS misses analyst expectationsFull year 2021 results: EPS: CN¥0.36 (down from CN¥0.50 in FY 2020). Revenue: CN¥3.21b (up 24% from FY 2020). Net income: CN¥309.9m (down 27% from FY 2020). Profit margin: 9.7% (down from 16% in FY 2020). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 32%. Over the next year, revenue is forecast to grow 24%, compared to a 34% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings.Valuation Update With 7 Day Price Move • Mar 07Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to CN¥13.94, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 23x in the Auto Components industry in China. Total returns to shareholders of 52% over the past three years.Price Target Changed • Jan 13Price target increased to CN¥21.72Up from CN¥20.02, the current price target is an average from 4 analysts. New target price is 12% above last closing price of CN¥19.31. Stock is up 29% over the past year. The company is forecast to post earnings per share of CN¥0.48 for next year compared to CN¥0.50 last year.Valuation Update With 7 Day Price Move • Dec 15Investor sentiment improved over the past weekAfter last week's 17% share price gain to CN¥17.77, the stock trades at a forward P/E ratio of 26x. Average forward P/E is 26x in the Auto Components industry in China. Total returns to shareholders of 137% over the past three years.Reported Earnings • Oct 28Third quarter 2021 earnings released: EPS CN¥0.091 (vs CN¥0.13 in 3Q 2020)The company reported a soft third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: CN¥780.4m (up 9.3% from 3Q 2020). Net income: CN¥80.6m (down 27% from 3Q 2020). Profit margin: 10% (down from 16% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has increased by 20% per year, which means it is well ahead of earnings.Reported Earnings • Aug 19Second quarter 2021 earnings released: EPS CN¥0.10 (vs CN¥0.057 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CN¥770.2m (up 84% from 2Q 2020). Net income: CN¥90.6m (up 100% from 2Q 2020). Profit margin: 12% (up from 11% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings.Reported Earnings • Apr 29First quarter 2021 earnings released: EPS CN¥0.13 (vs CN¥0.11 in 1Q 2020)The company reported a solid first quarter result with improved earnings and revenues, although profit margins were weaker. First quarter 2021 results: Revenue: CN¥801.4m (up 31% from 1Q 2020). Net income: CN¥107.6m (up 11% from 1Q 2020). Profit margin: 13% (down from 16% in 1Q 2020). Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings.Price Target Changed • Apr 06Price target increased to CN¥20.02Up from CN¥17.80, the current price target is an average from 6 analysts. New target price is 19% above last closing price of CN¥16.79. Stock is up 71% over the past year.Reported Earnings • Mar 26Full year 2020 earnings released: EPS CN¥0.50 (vs CN¥0.52 in FY 2019)The company reported a poor full year result with weaker earnings and revenues, although profit margins were flat. Full year 2020 results: Revenue: CN¥2.59b (down 1.4% from FY 2019). Net income: CN¥425.9m (down 3.1% from FY 2019). Profit margin: 16% (in line with FY 2019). Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings.공시 • Mar 04IKD Co., Ltd. to Report Fiscal Year 2020 Results on Mar 26, 2021IKD Co., Ltd. announced that they will report fiscal year 2020 results on Mar 26, 2021Is New 90 Day High Low • Feb 20New 90-day high: CN¥17.63The company is up 4.0% from its price of CN¥16.94 on 20 November 2020. The Chinese market is up 9.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Auto Components industry, which is down 1.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥2.58 per share.Price Target Changed • Jan 26Price target raised to CN¥17.80Up from CN¥16.43, the current price target is an average from 6 analysts. The new target price is 7.7% above the current share price of CN¥16.53. As of last close, the stock is up 18% over the past year.이익 및 매출 성장 예측SHSE:600933 - 애널리스트 향후 추정치 및 과거 재무 데이터 (CNY Millions)날짜매출이익자유현금흐름영업현금흐름평균 애널리스트 수12/31/202812,4752,0057872,124312/31/202710,7221,6942721,888412/31/20269,2451,421-1841,56943/31/20267,6701,1336581,994N/A12/31/20257,4131,1717292,025N/A9/30/20257,0821,0937852,067N/A6/30/20256,9461,0637671,966N/A3/31/20256,7699655871,842N/A12/31/20246,7469403131,709N/A9/30/20246,6971,0581031,690N/A6/30/20246,563968-1651,634N/A3/31/20246,343976-4381,457N/A12/31/20235,957913-5671,306N/A9/30/20235,474839-8291,077N/A6/30/20235,075831-910823N/A3/31/20234,619733-730800N/A12/31/20224,265649-727647N/A9/30/20223,880438-419774N/A6/30/20223,468325-418660N/A3/31/20223,307287-640496N/A12/31/20213,206310-602481N/A9/30/20213,199452-404430N/A6/30/20213,133481-112594N/A3/31/20212,781436-93534N/A12/31/20202,591426253741N/A9/30/20202,444399227688N/A6/30/20202,403380352789N/A3/31/20202,609444659991N/A12/31/20192,627439N/A949N/A9/30/20192,561396N/A859N/A6/30/20192,522437N/A815N/A3/31/20192,497444N/A575N/A12/31/20182,507468N/A468N/A9/30/20182,480481N/A549N/A6/30/20182,394474N/A510N/A3/31/20182,328477N/A640N/A12/31/20172,175466N/A642N/A9/30/20172,078472N/A589N/A6/30/20172,000474N/A537N/A3/31/20171,883472N/A509N/A12/31/20161,812483N/A552N/A9/30/20161,673460N/A506N/A6/30/20161,574432N/A452N/A3/31/20161,520390N/A435N/A12/31/20151,466347N/A419N/A더 보기애널리스트 향후 성장 전망수입 대 저축률: 600933 의 연간 예상 수익 증가율(19.9%)이 saving rate(2.4%)보다 높습니다.수익 vs 시장: 600933 의 연간 수익(19.9%)이 CN 시장(27.7%)보다 느리게 성장할 것으로 예상됩니다.고성장 수익: 600933 의 수입은 증가할 것으로 예상되지만 상당히 증가하지는 않을 것입니다.수익 대 시장: 600933 의 수익(연간 17.1%)이 CN 시장(연간 17.1%)보다 느리게 성장할 것으로 예상됩니다.고성장 매출: 600933 의 수익(연간 17.1%)은 연간 20%보다 느리게 증가할 것으로 예상됩니다.주당순이익 성장 예측향후 자기자본이익률미래 ROE: 600933의 자본 수익률은 3년 후 14.4%로 낮을 것으로 예상됩니다.성장 기업 찾아보기7D1Y7D1Y7D1YAutomobiles 산업의 고성장 기업.View Past Performance기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/06/22 19:39종가2026/06/22 00:00수익2026/03/31연간 수익2025/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 세부 정보는 당사의 Github 페이지에서 확인하실 수 있으며, 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공하고 있습니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스IKD Co., Ltd.는 6명의 분석가가 다루고 있습니다. 이 중 4명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Xue DengChina International Capital Corporation LimitedJingtao LiCitic Securities Co., Ltd.Xuxia TangGuosen Securities Co., Ltd.3명의 분석가 더 보기
Price Target Changed • Mar 08Price target increased by 18% to CN¥30.74Up from CN¥26.04, the current price target is an average from 2 analysts. New target price is 76% above last closing price of CN¥17.44. Stock is down 12% over the past year. The company is forecast to post earnings per share of CN¥1.18 for next year compared to CN¥0.98 last year.
Price Target Changed • Nov 11Price target increased by 9.4% to CN¥25.63Up from CN¥23.43, the current price target is an average from 4 analysts. New target price is 25% above last closing price of CN¥20.48. Stock is up 27% over the past year. The company is forecast to post earnings per share of CN¥1.18 for next year compared to CN¥0.98 last year.
Major Estimate Revision • Apr 06Consensus revenue estimates fall by 10%The consensus outlook for revenues in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from CN¥8.90b to CN¥7.98b. EPS estimate fell from CN¥1.33 to CN¥1.15 per share. Net income forecast to grow 20% next year vs 35% growth forecast for Auto Components industry in China. Consensus price target up from CN¥22.92 to CN¥23.61. Share price fell 8.0% to CN¥16.05 over the past week.
Price Target Changed • Sep 02Price target decreased by 18% to CN¥22.75Down from CN¥27.80, the current price target is an average from 3 analysts. New target price is 84% above last closing price of CN¥12.38. Stock is down 50% over the past year. The company is forecast to post earnings per share of CN¥1.13 for next year compared to CN¥1.03 last year.
Price Target Changed • Jul 18Price target increased by 8.8% to CN¥26.50Up from CN¥24.35, the current price target is an average from 2 analysts. New target price is 11% above last closing price of CN¥23.85. Stock is up 30% over the past year. The company is forecast to post earnings per share of CN¥0.95 for next year compared to CN¥0.74 last year.
Price Target Changed • Apr 27Price target increased by 8.8% to CN¥26.50Up from CN¥24.35, the current price target is an average from 2 analysts. New target price is 26% above last closing price of CN¥21.04. Stock is up 117% over the past year. The company is forecast to post earnings per share of CN¥0.90 for next year compared to CN¥0.74 last year.
공시 • Jun 17IKD Co., Ltd. (SHSE:600933) announces an Equity Buyback for CNY 200 million worth of its shares.IKD Co., Ltd. (SHSE:600933) ) announces a share repurchase program. Under the program, the company will repurchase up to CNY 200 million worth of its A shares. The shares will be repurchased at a price not more than CNY 24.9 per share. The repurchased shares will be used for employee stock ownership plans or equity incentives, and shares not used within 3 years after the completion of the repurchase will be cancelled. The program will be financed via own funds or special repurchase loans. The authorization will be valid for a period of 12 months from board approval date. Effective from June 16, 2026, the company announced that it has adjusted its repurchase price from CNY 24.9 per share to CNY 24.5 per share.
Declared Dividend • Jun 15Dividend increased to CN¥0.40Dividend of CN¥0.40 is 33% higher than last year. Ex-date: 16th June 2026 Payment date: 16th June 2026 Dividend yield will be 2.7%, which is higher than the industry average of 1.8%. Sustainability & Growth Dividend is covered by both earnings (36% earnings payout ratio) and cash flows (62% cash payout ratio). The dividend has increased by an average of 7.2% per year over the past 8 years and payments have been stable during that time. EPS is expected to grow by 70% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Reported Earnings • May 05Full year 2025 earnings: EPS and revenues miss analyst expectationsFull year 2025 results: EPS: CN¥1.18 (up from CN¥0.98 in FY 2024). Revenue: CN¥7.41b (up 9.9% from FY 2024). Net income: CN¥1.17b (up 25% from FY 2024). Profit margin: 16% (up from 14% in FY 2024). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 6.9%. Earnings per share (EPS) also missed analyst estimates by 4.8%. Revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Auto Components industry in China. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.
공시 • Apr 30IKD Co., Ltd., Annual General Meeting, May 20, 2026IKD Co., Ltd., Annual General Meeting, May 20, 2026, at 13:00 China Standard Time. Location: 3F, No. 588, Jinshan Road, Jiangbei District, Ningbo, Zhejiang China
공시 • Mar 30IKD Co., Ltd. to Report Q1, 2026 Results on Apr 30, 2026IKD Co., Ltd. announced that they will report Q1, 2026 results on Apr 30, 2026
Price Target Changed • Mar 08Price target increased by 18% to CN¥30.74Up from CN¥26.04, the current price target is an average from 2 analysts. New target price is 76% above last closing price of CN¥17.44. Stock is down 12% over the past year. The company is forecast to post earnings per share of CN¥1.18 for next year compared to CN¥0.98 last year.
공시 • Dec 26IKD Co., Ltd. to Report Fiscal Year 2025 Results on Apr 30, 2026IKD Co., Ltd. announced that they will report fiscal year 2025 results on Apr 30, 2026
Price Target Changed • Nov 11Price target increased by 9.4% to CN¥25.63Up from CN¥23.43, the current price target is an average from 4 analysts. New target price is 25% above last closing price of CN¥20.48. Stock is up 27% over the past year. The company is forecast to post earnings per share of CN¥1.18 for next year compared to CN¥0.98 last year.
New Risk • Nov 04New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 116% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Shareholders have been substantially diluted in the past year (116% increase in shares outstanding). Minor Risk Share price has been volatile over the past 3 months (7.5% average weekly change).
Reported Earnings • Oct 30Third quarter 2025 earnings released: EPS: CN¥0.33 (vs CN¥0.30 in 3Q 2024)Third quarter 2025 results: EPS: CN¥0.33 (up from CN¥0.30 in 3Q 2024). Revenue: CN¥1.86b (up 7.9% from 3Q 2024). Net income: CN¥322.3m (up 10% from 3Q 2024). Profit margin: 17% (in line with 3Q 2024). Revenue is forecast to grow 21% p.a. on average during the next 3 years, compared to a 17% growth forecast for the Auto Components industry in China. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.
New Risk • Oct 24New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 7.4% 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. This is currently the only risk that has been identified for the company.
공시 • Sep 30IKD Co., Ltd. to Report Q3, 2025 Results on Oct 30, 2025IKD Co., Ltd. announced that they will report Q3, 2025 results on Oct 30, 2025
Valuation Update With 7 Day Price Move • Sep 19Investor sentiment improves as stock rises 17%After last week's 17% share price gain to CN¥23.08, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 26x in the Auto Components industry in China. Total returns to shareholders of 33% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥9.95 per share.
공시 • Jun 30IKD Co., Ltd. to Report First Half, 2025 Results on Aug 29, 2025IKD Co., Ltd. announced that they will report first half, 2025 results on Aug 29, 2025
Reported Earnings • May 01First quarter 2025 earnings released: EPS: CN¥0.26 (vs CN¥0.25 in 1Q 2024)First quarter 2025 results: EPS: CN¥0.26 (up from CN¥0.25 in 1Q 2024). Revenue: CN¥1.67b (up 1.4% from 1Q 2024). Net income: CN¥257.3m (up 11% from 1Q 2024). Profit margin: 15% (up from 14% in 1Q 2024). Revenue is forecast to grow 19% p.a. on average during the next 3 years, compared to a 17% growth forecast for the Auto Components industry in China. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Apr 08Investor sentiment deteriorates as stock falls 20%After last week's 20% share price decline to CN¥13.01, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 18x in the Auto Components industry in China. Total returns to shareholders of 31% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥15.82 per share.
Major Estimate Revision • Apr 06Consensus revenue estimates fall by 10%The consensus outlook for revenues in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from CN¥8.90b to CN¥7.98b. EPS estimate fell from CN¥1.33 to CN¥1.15 per share. Net income forecast to grow 20% next year vs 35% growth forecast for Auto Components industry in China. Consensus price target up from CN¥22.92 to CN¥23.61. Share price fell 8.0% to CN¥16.05 over the past week.
Reported Earnings • Apr 01Full year 2024 earnings: EPS and revenues miss analyst expectationsFull year 2024 results: EPS: CN¥0.98. Revenue: CN¥6.75b (up 13% from FY 2023). Net income: CN¥939.5m (up 2.9% from FY 2023). Profit margin: 14% (down from 15% in FY 2023). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 7.6%. Earnings per share (EPS) also missed analyst estimates by 13%. Revenue is forecast to grow 23% p.a. on average during the next 2 years, compared to a 18% growth forecast for the Auto Components industry in China.
Buy Or Sell Opportunity • Mar 31Now 23% undervaluedThe stock has been flat over the last 90 days, currently trading at CN¥16.31. The fair value is estimated to be CN¥21.06, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 28% over the last 3 years. Earnings per share has grown by 38%. Revenue is forecast to grow by 54% in 2 years. Earnings are forecast to grow by 43% in the next 2 years.
공시 • Mar 31IKD Co., Ltd., Annual General Meeting, Apr 29, 2025IKD Co., Ltd., Annual General Meeting, Apr 29, 2025, at 13:00 China Standard Time. Location: 3F, No. 588, Jinshan Road, Jiangbei District, Ningbo, Zhejiang China
공시 • Mar 28IKD Co., Ltd. to Report Q1, 2025 Results on Apr 30, 2025IKD Co., Ltd. announced that they will report Q1, 2025 results on Apr 30, 2025
Valuation Update With 7 Day Price Move • Feb 20Investor sentiment improves as stock rises 19%After last week's 19% share price gain to CN¥20.68, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 20x in the Auto Components industry in China. Total returns to shareholders of 32% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥21.16 per share.
New Risk • Feb 19New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 8.6% 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: Minor Risks Dividend is not well covered by cash flows (278% cash payout ratio). Share price has been volatile over the past 3 months (8.6% average weekly change).
Buy Or Sell Opportunity • Jan 28Now 20% undervaluedOver the last 90 days, the stock has risen 14% to CN¥17.71. The fair value is estimated to be CN¥22.14, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 28% over the last 3 years. Earnings per share has grown by 38%. Revenue is forecast to grow by 56% in 2 years. Earnings are forecast to grow by 45% in the next 2 years.
분석 기사 • Jan 19IKD Co., Ltd.'s (SHSE:600933) Share Price Is Matching Sentiment Around Its EarningsWhen close to half the companies in China have price-to-earnings ratios (or "P/E's") above 35x, you may consider IKD...
Valuation Update With 7 Day Price Move • Jan 17Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CN¥17.61, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 19x in the Auto Components industry in China. Total loss to shareholders of 6.1% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥21.76 per share.
분석 기사 • Jan 03Are Investors Undervaluing IKD Co., Ltd. (SHSE:600933) By 29%?Key Insights IKD's estimated fair value is CN¥21.77 based on 2 Stage Free Cash Flow to Equity Current share price of...
공시 • Dec 27IKD Co., Ltd. to Report Fiscal Year 2024 Results on Apr 11, 2025IKD Co., Ltd. announced that they will report fiscal year 2024 results on Apr 11, 2025
Buy Or Sell Opportunity • Dec 23Now 23% undervaluedOver the last 90 days, the stock has risen 33% to CN¥17.02. The fair value is estimated to be CN¥22.19, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 28% over the last 3 years. Earnings per share has grown by 38%. Revenue is forecast to grow by 56% in 2 years. Earnings are forecast to grow by 45% in the next 2 years.
분석 기사 • Dec 19Is IKD (SHSE:600933) A Risky Investment?Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
분석 기사 • Dec 03Here's Why We Think IKD (SHSE:600933) Might Deserve Your Attention TodayThe excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...
Buy Or Sell Opportunity • Nov 22Now 23% undervaluedOver the last 90 days, the stock has risen 30% to CN¥15.44. The fair value is estimated to be CN¥20.05, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 28% over the last 3 years. Earnings per share has grown by 38%. Revenue is forecast to grow by 56% in 2 years. Earnings are forecast to grow by 45% in the next 2 years.
분석 기사 • Nov 05IKD's (SHSE:600933) Profits May Not Reveal Underlying IssuesThe market for IKD Co., Ltd.'s ( SHSE:600933 ) stock was strong after it released a healthy earnings report last week...
Valuation Update With 7 Day Price Move • Nov 05Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CN¥16.37, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 16x in the Auto Components industry in China. Total returns to shareholders of 9.1% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥20.69 per share.
Reported Earnings • Oct 30Third quarter 2024 earnings released: EPS: CN¥0.30 (vs CN¥0.22 in 3Q 2023)Third quarter 2024 results: EPS: CN¥0.30 (up from CN¥0.22 in 3Q 2023). Revenue: CN¥1.72b (up 8.4% from 3Q 2023). Net income: CN¥292.0m (up 45% from 3Q 2023). Profit margin: 17% (up from 13% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 23% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Auto Components industry in China. Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.
분석 기사 • Oct 27Is IKD Co., Ltd. (SHSE:600933) Potentially Undervalued?IKD Co., Ltd. ( SHSE:600933 ), is not the largest company out there, but it saw a significant share price rise of 26...
Valuation Update With 7 Day Price Move • Oct 15Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to CN¥13.50, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 16x in the Auto Components industry in China. Total returns to shareholders of 2.7% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥15.97 per share.
분석 기사 • Oct 15IKD (SHSE:600933) Hasn't Managed To Accelerate Its ReturnsWhat are the early trends we should look for to identify a stock that could multiply in value over the long term? In a...
분석 기사 • Oct 01Market Might Still Lack Some Conviction On IKD Co., Ltd. (SHSE:600933) Even After 26% Share Price BoostIKD Co., Ltd. ( SHSE:600933 ) shareholders would be excited to see that the share price has had a great month, posting...
공시 • Sep 30IKD Co., Ltd. to Report Q3, 2024 Results on Oct 30, 2024IKD Co., Ltd. announced that they will report Q3, 2024 results on Oct 30, 2024
Valuation Update With 7 Day Price Move • Sep 30Investor sentiment improves as stock rises 17%After last week's 17% share price gain to CN¥14.44, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 15x in the Auto Components industry in China. Total returns to shareholders of 27% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥15.80 per share.
분석 기사 • Sep 18Does IKD (SHSE:600933) Have A Healthy Balance Sheet?David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Buy Or Sell Opportunity • Sep 13Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 25% to CN¥12.55. The fair value is estimated to be CN¥15.94, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 28% over the last 3 years. Earnings per share has grown by 36%. Revenue is forecast to grow by 57% in 2 years. Earnings are forecast to grow by 58% in the next 2 years.
Price Target Changed • Sep 02Price target decreased by 18% to CN¥22.75Down from CN¥27.80, the current price target is an average from 3 analysts. New target price is 84% above last closing price of CN¥12.38. Stock is down 50% over the past year. The company is forecast to post earnings per share of CN¥1.13 for next year compared to CN¥1.03 last year.
분석 기사 • Aug 31A Look At The Fair Value Of IKD Co., Ltd. (SHSE:600933)Key Insights The projected fair value for IKD is CN¥14.99 based on 2 Stage Free Cash Flow to Equity With CN¥12.30 share...
Buy Or Sell Opportunity • Aug 20Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 34% to CN¥12.01. The fair value is estimated to be CN¥15.04, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 28% over the last 3 years. Earnings per share has grown by 34%. Revenue is forecast to grow by 62% in 2 years. Earnings are forecast to grow by 54% in the next 2 years.
공시 • Jun 28IKD Co., Ltd. to Report First Half, 2024 Results on Aug 31, 2024IKD Co., Ltd. announced that they will report first half, 2024 results on Aug 31, 2024
분석 기사 • Jun 22Returns On Capital At IKD (SHSE:600933) Have Hit The BrakesWhat trends should we look for it we want to identify stocks that can multiply in value over the long term? Amongst...
분석 기사 • May 21Is IKD (SHSE:600933) A Risky Investment?Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
New Risk • May 07New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 23% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (23% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Shareholders have been diluted in the past year (9.1% increase in shares outstanding).
분석 기사 • May 03Solid Earnings May Not Tell The Whole Story For IKD (SHSE:600933)The market for IKD Co., Ltd.'s ( SHSE:600933 ) stock was strong after it released a healthy earnings report last week...
공시 • Apr 29IKD Co., Ltd., Annual General Meeting, May 17, 2024IKD Co., Ltd., Annual General Meeting, May 17, 2024, at 14:00 China Standard Time. Location: No. 577, Jinshan Road, Jiangbei District, Ningbo, Zhejiang China
Reported Earnings • Apr 28Full year 2023 earnings: EPS misses analyst expectationsFull year 2023 results: EPS: CN¥1.03 (up from CN¥0.74 in FY 2022). Revenue: CN¥5.96b (up 40% from FY 2022). Net income: CN¥913.4m (up 41% from FY 2022). Profit margin: 15% (in line with FY 2022). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 7.7%. Revenue is forecast to grow 23% p.a. on average during the next 2 years, compared to a 18% growth forecast for the Auto Components industry in China. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.
분석 기사 • Apr 28Lacklustre Performance Is Driving IKD Co., Ltd.'s (SHSE:600933) Low P/EWhen close to half the companies in China have price-to-earnings ratios (or "P/E's") above 31x, you may consider IKD...
New Risk • Apr 11New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 9.1% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (27% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Shareholders have been diluted in the past year (9.1% increase in shares outstanding).
공시 • Mar 29IKD Co., Ltd. to Report Q1, 2024 Results on Apr 27, 2024IKD Co., Ltd. announced that they will report Q1, 2024 results on Apr 27, 2024
분석 기사 • Feb 28With EPS Growth And More, IKD (SHSE:600933) Makes An Interesting CaseFor beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
공시 • Dec 29IKD Co., Ltd. to Report Fiscal Year 2023 Results on Mar 28, 2024IKD Co., Ltd. announced that they will report fiscal year 2023 results on Mar 28, 2024
New Risk • Dec 01New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.0% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (27% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Shareholders have been diluted in the past year (2.0% increase in shares outstanding).
Reported Earnings • Nov 01Third quarter 2023 earnings released: EPS: CN¥0.22 (vs CN¥0.22 in 3Q 2022)Third quarter 2023 results: EPS: CN¥0.22 (up from CN¥0.22 in 3Q 2022). Revenue: CN¥1.59b (up 33% from 3Q 2022). Net income: CN¥201.8m (up 3.9% from 3Q 2022). Profit margin: 13% (down from 16% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 24% p.a. on average during the next 3 years, compared to a 22% growth forecast for the Auto Components industry in China. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Aug 28Second quarter 2023 earnings released: EPS: CN¥0.26 (vs CN¥0.15 in 2Q 2022)Second quarter 2023 results: EPS: CN¥0.26 (up from CN¥0.15 in 2Q 2022). Revenue: CN¥1.39b (up 49% from 2Q 2022). Net income: CN¥226.5m (up 77% from 2Q 2022). Profit margin: 16% (up from 14% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 25% p.a. on average during the next 3 years, compared to a 21% growth forecast for the Auto Components industry in China. Over the last 3 years on average, earnings per share has increased by 21% per year whereas the company’s share price has increased by 17% per year.
New Risk • Jul 26New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 6.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (25% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (6.7% average weekly change).
Price Target Changed • Jul 18Price target increased by 8.8% to CN¥26.50Up from CN¥24.35, the current price target is an average from 2 analysts. New target price is 11% above last closing price of CN¥23.85. Stock is up 30% over the past year. The company is forecast to post earnings per share of CN¥0.95 for next year compared to CN¥0.74 last year.
공시 • May 16IKD Co., Ltd. announced a financing transactionIKD Co., Ltd. announced a private placement of A shares on May 15, 2023. The transaction has been approved at the first extraordinary general meeting of shareholders in 2023.
Buying Opportunity • Apr 28Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 11%. The fair value is estimated to be CN¥24.26, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 18% over the last 3 years, while earnings per share has been flat. For the next 3 years, revenue is forecast to grow by 24% per annum. Earnings is also forecast to grow by 24% per annum over the same time period.
Price Target Changed • Apr 27Price target increased by 8.8% to CN¥26.50Up from CN¥24.35, the current price target is an average from 2 analysts. New target price is 26% above last closing price of CN¥21.04. Stock is up 117% over the past year. The company is forecast to post earnings per share of CN¥0.90 for next year compared to CN¥0.74 last year.
Price Target Changed • Mar 28Price target increased by 8.8% to CN¥26.50Up from CN¥24.35, the current price target is an average from 2 analysts. New target price is 15% above last closing price of CN¥22.96. Stock is up 96% over the past year. The company is forecast to post earnings per share of CN¥0.90 for next year compared to CN¥0.74 last year.
Reported Earnings • Mar 27Full year 2022 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2022 results: EPS: CN¥0.74 (up from CN¥0.36 in FY 2021). Revenue: CN¥4.27b (up 33% from FY 2021). Net income: CN¥648.5m (up 109% from FY 2021). Profit margin: 15% (up from 9.7% in FY 2021). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 2.3%. Earnings per share (EPS) exceeded analyst estimates by 1.9%. Revenue is forecast to grow 22% p.a. on average during the next 3 years, compared to a 22% growth forecast for the Auto Components industry in China. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has increased by 32% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • Feb 01Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CN¥24.94, the stock trades at a forward P/E ratio of 30x. Average forward P/E is 25x in the Auto Components industry in China. Total returns to shareholders of 100% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥13.13 per share.
Board Change • Nov 16Less 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. 4 non-independent directors. Independent Director Xiaobo Wu was the last independent director to join the board, commencing their role in 2018. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Valuation Update With 7 Day Price Move • Nov 04Investor sentiment improved over the past weekAfter last week's 17% share price gain to CN¥21.99, the stock trades at a forward P/E ratio of 28x. Average forward P/E is 25x in the Auto Components industry in China. Total returns to shareholders of 100% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥9.00 per share.
Reported Earnings • Oct 28Third quarter 2022 earnings released: EPS: CN¥0.22 (vs CN¥0.091 in 3Q 2021)Third quarter 2022 results: EPS: CN¥0.22 (up from CN¥0.091 in 3Q 2021). Revenue: CN¥1.19b (up 53% from 3Q 2021). Net income: CN¥194.2m (up 141% from 3Q 2021). Profit margin: 16% (up from 10% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 20% p.a. on average during the next 3 years, compared to a 24% growth forecast for the Auto Components industry in China. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 19% per year, which means it is well ahead of earnings.
Major Estimate Revision • Oct 26Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 EPS estimate increased from CN¥0.57 to CN¥0.63. Revenue forecast unchanged at CN¥4.15b. Net income forecast to grow 92% next year vs 69% growth forecast for Auto Components industry in China. Consensus price target of CN¥20.69 unchanged from last update. Share price was steady at CN¥20.21 over the past week.
Valuation Update With 7 Day Price Move • Oct 18Investor sentiment improved over the past weekAfter last week's 17% share price gain to CN¥20.38, the stock trades at a forward P/E ratio of 29x. Average forward P/E is 27x in the Auto Components industry in China. Total returns to shareholders of 107% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥11.26 per share.
Valuation Update With 7 Day Price Move • Sep 07Investor sentiment improved over the past weekAfter last week's 19% share price gain to CN¥19.99, the stock trades at a forward P/E ratio of 30x. Average forward P/E is 27x in the Auto Components industry in China. Total returns to shareholders of 99% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥12.29 per share.
Reported Earnings • Aug 18Second quarter 2022 earnings released: EPS: CN¥0.15 (vs CN¥0.10 in 2Q 2021)Second quarter 2022 results: EPS: CN¥0.15 (up from CN¥0.10 in 2Q 2021). Revenue: CN¥930.5m (up 21% from 2Q 2021). Net income: CN¥128.3m (up 42% from 2Q 2021). Profit margin: 14% (up from 12% in 2Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 28%, compared to a 35% growth forecast for the Auto Components industry in China. Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has increased by 28% per year, which means it is well ahead of earnings.
공시 • Jul 21IKD Co., Ltd. (SHSE:600933) completed the acquisition of 67.5% stake in Föhl Die Casting (Taicang) Co., Ltd. from FÖHl Beteiligungen Gmbh and Föhl Asia Pacific Limited.IKD Co., Ltd. (SHSE:600933) entered into equity transfer agreement to acquire 67.5% stake in Föhl Die Casting (Taicang) Co., Ltd. from FÖHl Beteiligungen Gmbh and Föhl Asia Pacific Limited for approximately CNY 300 million on June 28, 2022. As per the transaction, FÖHl Beteiligungen Gmbh will sell 43.75% stake and Föhl Asia Pacific Limited will sell 23.75% stake in Föhl Die Casting (Taicang) Co., Ltd. As on December 31, 2021, Föhl Die Casting (Taicang) Co., Ltd. generated total assets of CNY 300 million, net assets of CNY 188.6 million, operating income of CNY 319.9 million and net profit of CNY 34.2 million. IKD Co., Ltd. (SHSE:600933) completed the acquisition of 67.5% stake in Föhl Die Casting (Taicang) Co., Ltd. from FÖHl Beteiligungen Gmbh and Föhl Asia Pacific Limited on July 20, 2022.
Valuation Update With 7 Day Price Move • Jul 18Investor sentiment improved over the past weekAfter last week's 20% share price gain to CN¥19.39, the stock trades at a forward P/E ratio of 31x. Average forward P/E is 27x in the Auto Components industry in China. Total returns to shareholders of 137% over the past three years.
Valuation Update With 7 Day Price Move • Jul 04Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to CN¥16.81, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 27x in the Auto Components industry in China. Total returns to shareholders of 123% over the past three years.
공시 • Jun 30IKD Co., Ltd. (SHSE:600933) entered into equity transfer agreement to acquire 67.5% stake in Föhl Die Casting (Taicang) Co., Ltd. from FÖHl Beteiligungen Gmbh and Föhl Asia Pacific Limited for approximately CNY 300 million.IKD Co., Ltd. (SHSE:600933) entered into equity transfer agreement to acquire 67.5% stake in Föhl Die Casting (Taicang) Co., Ltd. from FÖHl Beteiligungen Gmbh and Föhl Asia Pacific Limited for approximately CNY 300 million on June 28, 2022. As per the transaction, FÖHl Beteiligungen Gmbh will sell 43.75% stake and Föhl Asia Pacific Limited will sell 23.75% stake in Föhl Die Casting (Taicang) Co., Ltd. As on December 31, 2021, Föhl Die Casting (Taicang) Co., Ltd. generated total assets of CNY 300 million, net assets of CNY 188.6 million, operating income of CNY 319.9 million and net profit of CNY 34.2 million.
Valuation Update With 7 Day Price Move • Jun 16Investor sentiment improved over the past weekAfter last week's 16% share price gain to CN¥16.59, the stock trades at a forward P/E ratio of 26x. Average forward P/E is 27x in the Auto Components industry in China. Total returns to shareholders of 118% over the past three years.
Board Change • May 29Less 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. 4 non-independent directors. Independent Director Xiaobo Wu was the last independent director to join the board, commencing their role in 2018. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • Apr 28First quarter 2022 earnings: EPS and revenues miss analyst expectationsFirst quarter 2022 results: EPS: CN¥0.10 (down from CN¥0.13 in 1Q 2021). Revenue: CN¥902.9m (up 13% from 1Q 2021). Net income: CN¥84.9m (down 21% from 1Q 2021). Profit margin: 9.4% (down from 13% in 1Q 2021). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 1.5%. Earnings per share (EPS) also missed analyst estimates by 33%. Over the next year, revenue is forecast to grow 26%, compared to a 31% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings.
Price Target Changed • Apr 27Price target decreased to CN¥18.41Down from CN¥21.53, the current price target is an average from 5 analysts. New target price is 85% above last closing price of CN¥9.97. Stock is down 31% over the past year. The company is forecast to post earnings per share of CN¥0.62 for next year compared to CN¥0.36 last year.
Board Change • Apr 27Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 9 experienced directors. No highly experienced directors. 3 independent directors (4 non-independent directors). Independent Director Xiaobo Wu 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. Insufficient board refreshment.
Major Estimate Revision • Mar 24Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 EPS estimate fell from CN¥0.75 to CN¥0.62 per share. Revenue forecast steady at CN¥3.98b. Net income forecast to grow 72% next year vs 60% growth forecast for Auto Components industry in China. Consensus price target down from CN¥21.53 to CN¥18.41. Share price fell 8.7% to CN¥12.45 over the past week.
Price Target Changed • Mar 19Price target decreased to CN¥19.86Down from CN¥21.53, the current price target is an average from 3 analysts. New target price is 49% above last closing price of CN¥13.31. Stock is down 19% over the past year. The company is forecast to post earnings per share of CN¥0.71 for next year compared to CN¥0.36 last year.
Reported Earnings • Mar 18Full year 2021 earnings: EPS misses analyst expectationsFull year 2021 results: EPS: CN¥0.36 (down from CN¥0.50 in FY 2020). Revenue: CN¥3.21b (up 24% from FY 2020). Net income: CN¥309.9m (down 27% from FY 2020). Profit margin: 9.7% (down from 16% in FY 2020). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 32%. Over the next year, revenue is forecast to grow 24%, compared to a 34% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings.
Valuation Update With 7 Day Price Move • Mar 07Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to CN¥13.94, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 23x in the Auto Components industry in China. Total returns to shareholders of 52% over the past three years.
Price Target Changed • Jan 13Price target increased to CN¥21.72Up from CN¥20.02, the current price target is an average from 4 analysts. New target price is 12% above last closing price of CN¥19.31. Stock is up 29% over the past year. The company is forecast to post earnings per share of CN¥0.48 for next year compared to CN¥0.50 last year.
Valuation Update With 7 Day Price Move • Dec 15Investor sentiment improved over the past weekAfter last week's 17% share price gain to CN¥17.77, the stock trades at a forward P/E ratio of 26x. Average forward P/E is 26x in the Auto Components industry in China. Total returns to shareholders of 137% over the past three years.
Reported Earnings • Oct 28Third quarter 2021 earnings released: EPS CN¥0.091 (vs CN¥0.13 in 3Q 2020)The company reported a soft third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: CN¥780.4m (up 9.3% from 3Q 2020). Net income: CN¥80.6m (down 27% from 3Q 2020). Profit margin: 10% (down from 16% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has increased by 20% per year, which means it is well ahead of earnings.
Reported Earnings • Aug 19Second quarter 2021 earnings released: EPS CN¥0.10 (vs CN¥0.057 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CN¥770.2m (up 84% from 2Q 2020). Net income: CN¥90.6m (up 100% from 2Q 2020). Profit margin: 12% (up from 11% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings.
Reported Earnings • Apr 29First quarter 2021 earnings released: EPS CN¥0.13 (vs CN¥0.11 in 1Q 2020)The company reported a solid first quarter result with improved earnings and revenues, although profit margins were weaker. First quarter 2021 results: Revenue: CN¥801.4m (up 31% from 1Q 2020). Net income: CN¥107.6m (up 11% from 1Q 2020). Profit margin: 13% (down from 16% in 1Q 2020). Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings.
Price Target Changed • Apr 06Price target increased to CN¥20.02Up from CN¥17.80, the current price target is an average from 6 analysts. New target price is 19% above last closing price of CN¥16.79. Stock is up 71% over the past year.
Reported Earnings • Mar 26Full year 2020 earnings released: EPS CN¥0.50 (vs CN¥0.52 in FY 2019)The company reported a poor full year result with weaker earnings and revenues, although profit margins were flat. Full year 2020 results: Revenue: CN¥2.59b (down 1.4% from FY 2019). Net income: CN¥425.9m (down 3.1% from FY 2019). Profit margin: 16% (in line with FY 2019). Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings.
공시 • Mar 04IKD Co., Ltd. to Report Fiscal Year 2020 Results on Mar 26, 2021IKD Co., Ltd. announced that they will report fiscal year 2020 results on Mar 26, 2021
Is New 90 Day High Low • Feb 20New 90-day high: CN¥17.63The company is up 4.0% from its price of CN¥16.94 on 20 November 2020. The Chinese market is up 9.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Auto Components industry, which is down 1.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥2.58 per share.
Price Target Changed • Jan 26Price target raised to CN¥17.80Up from CN¥16.43, the current price target is an average from 6 analysts. The new target price is 7.7% above the current share price of CN¥16.53. As of last close, the stock is up 18% over the past year.