View ValuationNingbo KBE Electrical TechnologyLtd 향후 성장Future 기준 점검 3/6Ningbo KBE Electrical TechnologyLtd (는) 각각 연간 22.8% 및 18.6% 수익과 수익이 증가할 것으로 예상됩니다.핵심 정보22.8%이익 성장률n/aEPS 성장률Auto Components 이익 성장22.1%매출 성장률18.6%향후 자기자본이익률n/a애널리스트 커버리지Low마지막 업데이트27 Apr 2026최근 향후 성장 업데이트업데이트 없음모든 업데이트 보기Recent updates공시 • Jun 30Ningbo KBE Electrical Technology Co.,Ltd. to Report First Half, 2026 Results on Aug 29, 2026Ningbo KBE Electrical Technology Co.,Ltd. announced that they will report first half, 2026 results on Aug 29, 2026New Risk • Jun 05New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 8.4% 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. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). High level of non-cash earnings (35% accrual ratio). Minor Risk Share price has been volatile over the past 3 months (8.4% average weekly change).Declared Dividend • May 23Dividend of CN¥0.20 announcedShareholders will receive a dividend of CN¥0.20. Ex-date: 29th May 2026 Payment date: 29th May 2026 Dividend yield will be 0.2%, which is lower than the industry average of 1.8%. Sustainability & Growth Dividend is covered by earnings (22% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 11% per year over the past 5 years and payments have been stable during that time. Earnings per share has grown by 19% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.공시 • Apr 25Ningbo KBE Electrical Technology Co.,Ltd., Annual General Meeting, May 18, 2026Ningbo KBE Electrical Technology Co.,Ltd., Annual General Meeting, May 18, 2026, at 15:00 China Standard Time. Location: The Company's Meeting Room, Ninghai County, Zhejiang China공시 • Mar 31Ningbo KBE Electrical Technology Co.,Ltd. to Report Q1, 2026 Results on Apr 25, 2026Ningbo KBE Electrical Technology Co.,Ltd. announced that they will report Q1, 2026 results on Apr 25, 2026공시 • Dec 31Ningbo KBE Electrical Technology Co.,Ltd. to Report Fiscal Year 2025 Results on Apr 25, 2026Ningbo KBE Electrical Technology Co.,Ltd. announced that they will report fiscal year 2025 results on Apr 25, 2026공시 • Sep 30Ningbo KBE Electrical Technology Co.,Ltd. to Report Q3, 2025 Results on Oct 27, 2025Ningbo KBE Electrical Technology Co.,Ltd. announced that they will report Q3, 2025 results on Oct 27, 2025공시 • Jul 02Ningbo KBE Electrical Technology Co.,Ltd. to Report First Half, 2025 Results on Aug 26, 2025Ningbo KBE Electrical Technology Co.,Ltd. announced that they will report first half, 2025 results on Aug 26, 2025공시 • Apr 22Ningbo KBE Electrical Technology Co.,Ltd. Proposes Final Cash Dividend for 2024Ningbo KBE Electrical Technology Co.,Ltd. announced on 21 April 2025 the final profit distribution proposal for 2024 as follows: Cash dividend/10 shares (tax included): CNY 3.00000000.공시 • Apr 21Ningbo KBE Electrical Technology Co.,Ltd., Annual General Meeting, May 12, 2025Ningbo KBE Electrical Technology Co.,Ltd., Annual General Meeting, May 12, 2025, at 10:00 China Standard Time. Location: The Company's Meeting Room, Ninghai County, Zhejiang China공시 • Apr 10Ningbo KBE Electrical Technology Co.,Ltd. (SZSE:300863) announces an Equity Buyback for CNY 300 million worth of its shares.Ningbo KBE Electrical Technology Co.,Ltd. (SZSE:300863) announces a share repurchase program. Under the program, the company will repurchase up to CNY 300 million worth of its shares. The repurchase price will not more than CNY 71 per Share. The repurchased shares will be used to convert convertible bonds issued by the company for employee equity incentives or conversion. The repurchases will be funded using company's own funds. The repurchase period will be not more than 3 months.공시 • Mar 31Ningbo KBE Electrical Technology Co.,Ltd. to Report Q1, 2025 Results on Apr 21, 2025Ningbo KBE Electrical Technology Co.,Ltd. announced that they will report Q1, 2025 results on Apr 21, 2025공시 • Dec 31Ningbo KBE Electrical Technology Co.,Ltd. to Report Fiscal Year 2024 Results on Apr 21, 2025Ningbo KBE Electrical Technology Co.,Ltd. announced that they will report fiscal year 2024 results on Apr 21, 2025Valuation Update With 7 Day Price Move • Nov 08Investor sentiment improves as stock rises 17%After last week's 17% share price gain to CN¥45.41, the stock trades at a forward P/E ratio of 25x. Average forward P/E is 17x in the Auto Components industry in China. Total returns to shareholders of 28% over the past year.Reported Earnings • Oct 25Third quarter 2024 earnings released: EPS: CN¥0.32 (vs CN¥0.36 in 3Q 2023)Third quarter 2024 results: EPS: CN¥0.32 (down from CN¥0.36 in 3Q 2023). Revenue: CN¥918.8m (flat on 3Q 2023). Net income: CN¥40.4m (down 10% from 3Q 2023). Profit margin: 4.4% (down from 4.9% in 3Q 2023). Revenue is forecast to grow 27% p.a. on average during the next 2 years, compared to a 18% growth forecast for the Auto Components industry in China.Valuation Update With 7 Day Price Move • Oct 16Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to CN¥44.46, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 16x in the Auto Components industry in China. Total returns to shareholders of 23% over the past year.Valuation Update With 7 Day Price Move • Sep 30Investor sentiment improves as stock rises 24%After last week's 24% share price gain to CN¥52.20, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 15x in the Auto Components industry in China. Total returns to shareholders of 48% over the past year.공시 • Sep 30Ningbo KBE Electrical Technology Co.,Ltd. to Report Q3, 2024 Results on Oct 25, 2024Ningbo KBE Electrical Technology Co.,Ltd. announced that they will report Q3, 2024 results on Oct 25, 2024Reported Earnings • Aug 27Second quarter 2024 earnings released: EPS: CN¥0.37 (vs CN¥0.37 in 2Q 2023)Second quarter 2024 results: EPS: CN¥0.37 (up from CN¥0.37 in 2Q 2023). Revenue: CN¥872.0m (up 5.3% from 2Q 2023). Net income: CN¥46.4m (up 3.3% from 2Q 2023). Profit margin: 5.3% (down from 5.4% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 24% p.a. on average during the next 2 years, compared to a 18% growth forecast for the Auto Components industry in China.공시 • Aug 21Ningbo KBE Electrical Technology Co.,Ltd. (SZSE:300863) announces an Equity Buyback for CNY 280 million worth of its shares.Ningbo KBE Electrical Technology Co.,Ltd. (SZSE:300863) announces a share repurchase program. Under the program, the company will repurchase up to CNY 280 million worth of its shares. The repurchase price will not more than CNY 55 per Share. The repurchased shares will be used to convert convertible bonds issued by the company. If the company fails to transfer the shares repurchased this time within three years after the announcement of the results of the share repurchase and the share change, it will perform the procedures for reducing the registered capital in accordance with the law, and the untransferred shares will be cancelled. The repurchases will be funded using company's own funds or self-raised funds. The repurchase period will be not more than 3 months.New Risk • Jun 29New 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 8.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (6.0% operating cash flow to total debt). High level of non-cash earnings (21% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (8.3% average weekly change).공시 • Jun 29Ningbo KBE Electrical Technology Co.,Ltd. to Report First Half, 2024 Results on Aug 27, 2024Ningbo KBE Electrical Technology Co.,Ltd. announced that they will report first half, 2024 results on Aug 27, 2024공시 • May 31Ningbo KBE Electrical Technology Co.,Ltd. Announces 2023 Final Profit Distribution on A Shares, Payable on 06 June 2024Ningbo KBE Electrical Technology Co.,Ltd. announced 2023 final profit distribution plan to be implemented (A shares), Cash dividend/10 shares (tax included) of CNY 5.00000000. Record date is 05 June 2024. Ex-date is 06 June 2024. Payment date is 06 June 2024.New Risk • May 17New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 21% 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 Risks Debt is not well covered by operating cash flow (6.0% operating cash flow to total debt). High level of non-cash earnings (21% accrual ratio). Minor Risk Paying a dividend despite having no free cash flows.Reported Earnings • Apr 20Full year 2023 earnings released: EPS: CN¥1.90 (vs CN¥1.69 in FY 2022)Full year 2023 results: EPS: CN¥1.90 (up from CN¥1.69 in FY 2022). Revenue: CN¥3.45b (up 17% from FY 2022). Net income: CN¥165.9m (up 19% from FY 2022). Profit margin: 4.8% (in line with FY 2022). Revenue is forecast to grow 20% p.a. on average during the next 2 years, compared to a 18% growth forecast for the Auto Components industry in China.공시 • Apr 20Ningbo KBE Electrical Technology Co.,Ltd., Annual General Meeting, May 10, 2024Ningbo KBE Electrical Technology Co.,Ltd., Annual General Meeting, May 10, 2024, at 10:00 China Standard Time. Location: The Company's Meeting Room, Ninghai County, Zhejiang China공시 • Mar 30Ningbo KBE Electrical Technology Co.,Ltd. to Report Q1, 2024 Results on Apr 26, 2024Ningbo KBE Electrical Technology Co.,Ltd. announced that they will report Q1, 2024 results on Apr 26, 2024Valuation Update With 7 Day Price Move • Feb 02Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to CN¥32.70, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 16x in the Auto Components industry in China.공시 • Dec 30Ningbo KBE Electrical Technology Co.,Ltd. to Report Fiscal Year 2023 Results on Apr 19, 2024Ningbo KBE Electrical Technology Co.,Ltd. announced that they will report fiscal year 2023 results on Apr 19, 2024Reported Earnings • Oct 26Third quarter 2023 earnings released: EPS: CN¥0.51 (vs CN¥0.61 in 3Q 2022)Third quarter 2023 results: EPS: CN¥0.51 (down from CN¥0.61 in 3Q 2022). Revenue: CN¥926.8m (up 8.7% from 3Q 2022). Net income: CN¥45.1m (down 11% from 3Q 2022). Profit margin: 4.9% (down from 6.0% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 33% p.a. on average during the next 3 years, compared to a 22% growth forecast for the Auto Components industry in China.Reported Earnings • Aug 18Second quarter 2023 earnings released: EPS: CN¥0.52 (vs CN¥0.27 in 2Q 2022)Second quarter 2023 results: EPS: CN¥0.52 (up from CN¥0.27 in 2Q 2022). Revenue: CN¥828.3m (up 40% from 2Q 2022). Net income: CN¥44.9m (up 101% from 2Q 2022). Profit margin: 5.4% (up from 3.8% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 30% p.a. on average during the next 3 years, compared to a 21% growth forecast for the Auto Components industry in China.이익 및 매출 성장 예측XSEC:300863 - 애널리스트 향후 추정치 및 과거 재무 데이터 (CNY Millions)날짜매출이익자유현금흐름영업현금흐름평균 애널리스트 수12/31/20275,864266N/A363112/31/20265,256270N/A4213/31/20264,169167-1,036-321N/A12/31/20254,045119-721-55N/A9/30/20253,933168-510110N/A6/30/20253,829163-3498N/A3/31/20253,755171-31729N/A12/31/20243,648162-477-85N/A9/30/20243,527170-204138N/A6/30/20243,535175-201141N/A3/31/20243,491174-26292N/A12/31/20233,452166-19351N/A9/30/20233,382165-127128N/A6/30/20233,308171-19619N/A3/31/20233,073149-10548N/A1/1/20232,948140-178-18N/A9/30/20222,751115-459-312N/A6/30/20222,560105-414-252N/A3/31/20222,444102-548-352N/A12/31/20212,26886-500-252N/A9/30/20212,07393-623-391N/A6/30/20211,77063-526-301N/A3/31/20211,55555-526-313N/A12/31/20201,26453-454-273N/A9/30/20201,05457-196-44N/A6/30/202093861N/AN/AN/A3/31/202086860N/AN/AN/A12/31/201991360N/A89N/A12/31/20181,06862N/A67N/A12/31/201799249N/A-48N/A12/31/201670439N/A43N/A더 보기애널리스트 향후 성장 전망수입 대 저축률: 300863 의 연간 예상 수익 증가율(22.8%)이 saving rate(2.4%)보다 높습니다.수익 vs 시장: 300863 의 연간 수익(22.8%)이 CN 시장(27.5%)보다 느리게 성장할 것으로 예상됩니다.고성장 수익: 300863 의 수입은 향후 3년 동안 상당히 증가할 것으로 예상됩니다.수익 대 시장: 300863 의 수익(연간 18.6%)이 CN 시장(연간 16.8%)보다 빠르게 성장할 것으로 예상됩니다.고성장 매출: 300863 의 수익(연간 18.6%)은 연간 20%보다 느리게 증가할 것으로 예상됩니다.주당순이익 성장 예측향후 자기자본이익률미래 ROE: 300863의 자본 수익률이 3년 후 높을 것으로 예상되는지 판단하기에 데이터가 부족합니다.성장 기업 찾아보기7D1Y7D1Y7D1YAutomobiles 산업의 고성장 기업.View Past Performance기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/07/12 18:35종가2026/07/10 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 소스Ningbo KBE Electrical Technology Co.,Ltd.는 1명의 분석가가 다루고 있습니다. 이 중 1명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Xue DengChina International Capital Corporation Limited
공시 • Jun 30Ningbo KBE Electrical Technology Co.,Ltd. to Report First Half, 2026 Results on Aug 29, 2026Ningbo KBE Electrical Technology Co.,Ltd. announced that they will report first half, 2026 results on Aug 29, 2026
New Risk • Jun 05New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 8.4% 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. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). High level of non-cash earnings (35% accrual ratio). Minor Risk Share price has been volatile over the past 3 months (8.4% average weekly change).
Declared Dividend • May 23Dividend of CN¥0.20 announcedShareholders will receive a dividend of CN¥0.20. Ex-date: 29th May 2026 Payment date: 29th May 2026 Dividend yield will be 0.2%, which is lower than the industry average of 1.8%. Sustainability & Growth Dividend is covered by earnings (22% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 11% per year over the past 5 years and payments have been stable during that time. Earnings per share has grown by 19% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
공시 • Apr 25Ningbo KBE Electrical Technology Co.,Ltd., Annual General Meeting, May 18, 2026Ningbo KBE Electrical Technology Co.,Ltd., Annual General Meeting, May 18, 2026, at 15:00 China Standard Time. Location: The Company's Meeting Room, Ninghai County, Zhejiang China
공시 • Mar 31Ningbo KBE Electrical Technology Co.,Ltd. to Report Q1, 2026 Results on Apr 25, 2026Ningbo KBE Electrical Technology Co.,Ltd. announced that they will report Q1, 2026 results on Apr 25, 2026
공시 • Dec 31Ningbo KBE Electrical Technology Co.,Ltd. to Report Fiscal Year 2025 Results on Apr 25, 2026Ningbo KBE Electrical Technology Co.,Ltd. announced that they will report fiscal year 2025 results on Apr 25, 2026
공시 • Sep 30Ningbo KBE Electrical Technology Co.,Ltd. to Report Q3, 2025 Results on Oct 27, 2025Ningbo KBE Electrical Technology Co.,Ltd. announced that they will report Q3, 2025 results on Oct 27, 2025
공시 • Jul 02Ningbo KBE Electrical Technology Co.,Ltd. to Report First Half, 2025 Results on Aug 26, 2025Ningbo KBE Electrical Technology Co.,Ltd. announced that they will report first half, 2025 results on Aug 26, 2025
공시 • Apr 22Ningbo KBE Electrical Technology Co.,Ltd. Proposes Final Cash Dividend for 2024Ningbo KBE Electrical Technology Co.,Ltd. announced on 21 April 2025 the final profit distribution proposal for 2024 as follows: Cash dividend/10 shares (tax included): CNY 3.00000000.
공시 • Apr 21Ningbo KBE Electrical Technology Co.,Ltd., Annual General Meeting, May 12, 2025Ningbo KBE Electrical Technology Co.,Ltd., Annual General Meeting, May 12, 2025, at 10:00 China Standard Time. Location: The Company's Meeting Room, Ninghai County, Zhejiang China
공시 • Apr 10Ningbo KBE Electrical Technology Co.,Ltd. (SZSE:300863) announces an Equity Buyback for CNY 300 million worth of its shares.Ningbo KBE Electrical Technology Co.,Ltd. (SZSE:300863) announces a share repurchase program. Under the program, the company will repurchase up to CNY 300 million worth of its shares. The repurchase price will not more than CNY 71 per Share. The repurchased shares will be used to convert convertible bonds issued by the company for employee equity incentives or conversion. The repurchases will be funded using company's own funds. The repurchase period will be not more than 3 months.
공시 • Mar 31Ningbo KBE Electrical Technology Co.,Ltd. to Report Q1, 2025 Results on Apr 21, 2025Ningbo KBE Electrical Technology Co.,Ltd. announced that they will report Q1, 2025 results on Apr 21, 2025
공시 • Dec 31Ningbo KBE Electrical Technology Co.,Ltd. to Report Fiscal Year 2024 Results on Apr 21, 2025Ningbo KBE Electrical Technology Co.,Ltd. announced that they will report fiscal year 2024 results on Apr 21, 2025
Valuation Update With 7 Day Price Move • Nov 08Investor sentiment improves as stock rises 17%After last week's 17% share price gain to CN¥45.41, the stock trades at a forward P/E ratio of 25x. Average forward P/E is 17x in the Auto Components industry in China. Total returns to shareholders of 28% over the past year.
Reported Earnings • Oct 25Third quarter 2024 earnings released: EPS: CN¥0.32 (vs CN¥0.36 in 3Q 2023)Third quarter 2024 results: EPS: CN¥0.32 (down from CN¥0.36 in 3Q 2023). Revenue: CN¥918.8m (flat on 3Q 2023). Net income: CN¥40.4m (down 10% from 3Q 2023). Profit margin: 4.4% (down from 4.9% in 3Q 2023). Revenue is forecast to grow 27% p.a. on average during the next 2 years, compared to a 18% growth forecast for the Auto Components industry in China.
Valuation Update With 7 Day Price Move • Oct 16Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to CN¥44.46, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 16x in the Auto Components industry in China. Total returns to shareholders of 23% over the past year.
Valuation Update With 7 Day Price Move • Sep 30Investor sentiment improves as stock rises 24%After last week's 24% share price gain to CN¥52.20, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 15x in the Auto Components industry in China. Total returns to shareholders of 48% over the past year.
공시 • Sep 30Ningbo KBE Electrical Technology Co.,Ltd. to Report Q3, 2024 Results on Oct 25, 2024Ningbo KBE Electrical Technology Co.,Ltd. announced that they will report Q3, 2024 results on Oct 25, 2024
Reported Earnings • Aug 27Second quarter 2024 earnings released: EPS: CN¥0.37 (vs CN¥0.37 in 2Q 2023)Second quarter 2024 results: EPS: CN¥0.37 (up from CN¥0.37 in 2Q 2023). Revenue: CN¥872.0m (up 5.3% from 2Q 2023). Net income: CN¥46.4m (up 3.3% from 2Q 2023). Profit margin: 5.3% (down from 5.4% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 24% p.a. on average during the next 2 years, compared to a 18% growth forecast for the Auto Components industry in China.
공시 • Aug 21Ningbo KBE Electrical Technology Co.,Ltd. (SZSE:300863) announces an Equity Buyback for CNY 280 million worth of its shares.Ningbo KBE Electrical Technology Co.,Ltd. (SZSE:300863) announces a share repurchase program. Under the program, the company will repurchase up to CNY 280 million worth of its shares. The repurchase price will not more than CNY 55 per Share. The repurchased shares will be used to convert convertible bonds issued by the company. If the company fails to transfer the shares repurchased this time within three years after the announcement of the results of the share repurchase and the share change, it will perform the procedures for reducing the registered capital in accordance with the law, and the untransferred shares will be cancelled. The repurchases will be funded using company's own funds or self-raised funds. The repurchase period will be not more than 3 months.
New Risk • Jun 29New 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 8.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (6.0% operating cash flow to total debt). High level of non-cash earnings (21% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (8.3% average weekly change).
공시 • Jun 29Ningbo KBE Electrical Technology Co.,Ltd. to Report First Half, 2024 Results on Aug 27, 2024Ningbo KBE Electrical Technology Co.,Ltd. announced that they will report first half, 2024 results on Aug 27, 2024
공시 • May 31Ningbo KBE Electrical Technology Co.,Ltd. Announces 2023 Final Profit Distribution on A Shares, Payable on 06 June 2024Ningbo KBE Electrical Technology Co.,Ltd. announced 2023 final profit distribution plan to be implemented (A shares), Cash dividend/10 shares (tax included) of CNY 5.00000000. Record date is 05 June 2024. Ex-date is 06 June 2024. Payment date is 06 June 2024.
New Risk • May 17New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 21% 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 Risks Debt is not well covered by operating cash flow (6.0% operating cash flow to total debt). High level of non-cash earnings (21% accrual ratio). Minor Risk Paying a dividend despite having no free cash flows.
Reported Earnings • Apr 20Full year 2023 earnings released: EPS: CN¥1.90 (vs CN¥1.69 in FY 2022)Full year 2023 results: EPS: CN¥1.90 (up from CN¥1.69 in FY 2022). Revenue: CN¥3.45b (up 17% from FY 2022). Net income: CN¥165.9m (up 19% from FY 2022). Profit margin: 4.8% (in line with FY 2022). Revenue is forecast to grow 20% p.a. on average during the next 2 years, compared to a 18% growth forecast for the Auto Components industry in China.
공시 • Apr 20Ningbo KBE Electrical Technology Co.,Ltd., Annual General Meeting, May 10, 2024Ningbo KBE Electrical Technology Co.,Ltd., Annual General Meeting, May 10, 2024, at 10:00 China Standard Time. Location: The Company's Meeting Room, Ninghai County, Zhejiang China
공시 • Mar 30Ningbo KBE Electrical Technology Co.,Ltd. to Report Q1, 2024 Results on Apr 26, 2024Ningbo KBE Electrical Technology Co.,Ltd. announced that they will report Q1, 2024 results on Apr 26, 2024
Valuation Update With 7 Day Price Move • Feb 02Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to CN¥32.70, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 16x in the Auto Components industry in China.
공시 • Dec 30Ningbo KBE Electrical Technology Co.,Ltd. to Report Fiscal Year 2023 Results on Apr 19, 2024Ningbo KBE Electrical Technology Co.,Ltd. announced that they will report fiscal year 2023 results on Apr 19, 2024
Reported Earnings • Oct 26Third quarter 2023 earnings released: EPS: CN¥0.51 (vs CN¥0.61 in 3Q 2022)Third quarter 2023 results: EPS: CN¥0.51 (down from CN¥0.61 in 3Q 2022). Revenue: CN¥926.8m (up 8.7% from 3Q 2022). Net income: CN¥45.1m (down 11% from 3Q 2022). Profit margin: 4.9% (down from 6.0% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 33% p.a. on average during the next 3 years, compared to a 22% growth forecast for the Auto Components industry in China.
Reported Earnings • Aug 18Second quarter 2023 earnings released: EPS: CN¥0.52 (vs CN¥0.27 in 2Q 2022)Second quarter 2023 results: EPS: CN¥0.52 (up from CN¥0.27 in 2Q 2022). Revenue: CN¥828.3m (up 40% from 2Q 2022). Net income: CN¥44.9m (up 101% from 2Q 2022). Profit margin: 5.4% (up from 3.8% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 30% p.a. on average during the next 3 years, compared to a 21% growth forecast for the Auto Components industry in China.