View ValuationBethel Automotive Safety Systems 향후 성장Future 기준 점검 3/6Bethel Automotive Safety Systems (는) 각각 연간 20.4% 및 19.3% 수익과 수익이 증가할 것으로 예상됩니다. EPS는 연간 22.4% 만큼 성장할 것으로 예상됩니다. 자기자본이익률은 3년 후 18.6% 로 예상됩니다.핵심 정보20.4%이익 성장률22.38%EPS 성장률Auto Components 이익 성장22.3%매출 성장률19.3%향후 자기자본이익률18.56%애널리스트 커버리지Good마지막 업데이트28 May 2026최근 향후 성장 업데이트업데이트 없음모든 업데이트 보기Recent updatesBoard Change • May 20Less than half of directors are independentThere are 5 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 3 independent directors. 5 non-independent directors. Independent Director Kaiguo Li was the last independent director to join the board, commencing their role in 2024. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.공시 • Mar 30Bethel Automotive Safety Systems Co., Ltd to Report Q1, 2026 Results on Apr 29, 2026Bethel Automotive Safety Systems Co., Ltd announced that they will report Q1, 2026 results on Apr 29, 2026공시 • Mar 28Bethel Automotive Safety Systems Co., Ltd, Annual General Meeting, Apr 20, 2026Bethel Automotive Safety Systems Co., Ltd, Annual General Meeting, Apr 20, 2026, at 14:00 China Standard Time. Location: The Company's Meeting Room, Wuhu Area, China (Anhui) Pilot Free Trade Zone China공시 • Dec 26Bethel Automotive Safety Systems Co., Ltd to Report Fiscal Year 2025 Results on Mar 28, 2026Bethel Automotive Safety Systems Co., Ltd announced that they will report fiscal year 2025 results on Mar 28, 2026공시 • Sep 30Bethel Automotive Safety Systems Co., Ltd to Report Q3, 2025 Results on Oct 30, 2025Bethel Automotive Safety Systems Co., Ltd announced that they will report Q3, 2025 results on Oct 30, 2025공시 • Jun 30Bethel Automotive Safety Systems Co., Ltd to Report First Half, 2025 Results on Aug 29, 2025Bethel Automotive Safety Systems Co., Ltd announced that they will report first half, 2025 results on Aug 29, 2025공시 • Apr 23Bethel Automotive Safety Systems Co., Ltd, Annual General Meeting, May 13, 2025Bethel Automotive Safety Systems Co., Ltd, Annual General Meeting, May 13, 2025, at 14:00 China Standard Time. Location: The Company's Meeting Room, Wuhu, Anhui China공시 • Mar 28Bethel Automotive Safety Systems Co., Ltd to Report Q1, 2025 Results on Apr 30, 2025Bethel Automotive Safety Systems Co., Ltd announced that they will report Q1, 2025 results on Apr 30, 2025공시 • Dec 27Bethel Automotive Safety Systems Co., Ltd to Report Fiscal Year 2024 Results on Apr 23, 2025Bethel Automotive Safety Systems Co., Ltd announced that they will report fiscal year 2024 results on Apr 23, 2025공시 • Dec 18+ 1 more updateBethel Automotive Safety Systems Co., Ltd(SHSE:603596) dropped from Shanghai Stock Exchange 180 Value IndexBethel Automotive Safety Systems Co., Ltd has been removed from Shanghai Stock Exchange 180 Value Index.Reported Earnings • Oct 30Third quarter 2024 earnings released: EPS: CN¥0.53 (vs CN¥0.41 in 3Q 2023)Third quarter 2024 results: EPS: CN¥0.53 (up from CN¥0.41 in 3Q 2023). Revenue: CN¥2.61b (up 30% from 3Q 2023). Net income: CN¥320.6m (up 34% from 3Q 2023). Profit margin: 12% (in line with 3Q 2023). 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 24% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Sep 30Investor sentiment improves as stock rises 25%After last week's 25% share price gain to CN¥48.92, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 15x in the Auto Components industry in China. Total returns to shareholders of 55% over the past three years.공시 • Sep 30Bethel Automotive Safety Systems Co., Ltd to Report Q3, 2024 Results on Oct 30, 2024Bethel Automotive Safety Systems Co., Ltd announced that they will report Q3, 2024 results on Oct 30, 2024Reported Earnings • Aug 31Second quarter 2024 earnings released: EPS: CN¥0.41 (vs CN¥0.33 in 2Q 2023)Second quarter 2024 results: EPS: CN¥0.41 (up from CN¥0.33 in 2Q 2023). Revenue: CN¥2.11b (up 32% from 2Q 2023). Net income: CN¥247.5m (up 35% from 2Q 2023). Profit margin: 12% (in line with 2Q 2023). 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 23% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Jul 10Investor sentiment improves as stock rises 22%After last week's 22% share price gain to CN¥46.35, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 15x in the Auto Components industry in China. Total returns to shareholders of 76% over the past three years.공시 • Jun 28Bethel Automotive Safety Systems Co., Ltd to Report First Half, 2024 Results on Aug 30, 2024Bethel Automotive Safety Systems Co., Ltd announced that they will report first half, 2024 results on Aug 30, 2024Reported Earnings • May 01First quarter 2024 earnings released: EPS: CN¥0.48 (vs CN¥0.42 in 1Q 2023)First quarter 2024 results: EPS: CN¥0.48 (up from CN¥0.42 in 1Q 2023). Revenue: CN¥1.86b (up 24% from 1Q 2023). Net income: CN¥209.9m (up 22% from 1Q 2023). Profit margin: 11% (in line with 1Q 2023). Revenue is forecast to grow 23% p.a. on average during the next 3 years, compared to a 19% growth forecast for the Auto Components industry in China. Over the last 3 years on average, earnings per share has increased by 22% per year whereas the company’s share price has increased by 24% per year.공시 • Mar 29Bethel Automotive Safety Systems Co., Ltd to Report Q1, 2024 Results on Apr 30, 2024Bethel Automotive Safety Systems Co., Ltd announced that they will report Q1, 2024 results on Apr 30, 2024공시 • Mar 28Bethel Automotive Safety Systems Co., Ltd, Annual General Meeting, Apr 17, 2024Bethel Automotive Safety Systems Co., Ltd, Annual General Meeting, Apr 17, 2024, at 14:00 China Standard Time. Location: The Company's Meeting Room, Wuhu Area, China (Anhui) Pilot Free Trade Zone ChinaReported Earnings • Mar 28Full year 2023 earnings released: EPS: CN¥2.15 (vs CN¥1.71 in FY 2022)Full year 2023 results: EPS: CN¥2.15 (up from CN¥1.71 in FY 2022). Revenue: CN¥7.47b (up 35% from FY 2022). Net income: CN¥891.5m (up 28% from FY 2022). Profit margin: 12% (in line with FY 2022). Revenue is forecast to grow 22% 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 22% per year but the company’s share price has increased by 28% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • Feb 09Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CN¥59.29, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 17x in the Auto Components industry in China. Total returns to shareholders of 55% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥107 per share.공시 • Feb 01Bethel Automotive Safety Systems Co., Ltd (SHSE:603596) announces an Equity Buyback for 1,800,000 shares, for CNY 162.77 million.Bethel Automotive Safety Systems Co., Ltd (SHSE:603596) announces a share repurchase program. Under the program, the company will repurchase not more than 1,800,000 shares for CNY 162.77 million. The shares will be repurchased at a price not more than CNY 90.43 per share. The repurchased shares will be used for ESOP or equity incentives. The program will be valid for a period of 12 months.New Risk • Jan 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 6.2% 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 (22% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (6.2% average weekly change). Shareholders have been diluted in the past year (5.2% increase in shares outstanding).공시 • Dec 29Bethel Automotive Safety Systems Co., Ltd to Report Fiscal Year 2023 Results on Mar 28, 2024Bethel Automotive Safety Systems Co., Ltd announced that they will report fiscal year 2023 results on Mar 28, 2024Buying Opportunity • Dec 15Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 6.7%. The fair value is estimated to be CN¥88.39, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 31% over the last 3 years. Earnings per share has grown by 22%. Revenue is forecast to grow by 63% in 2 years. Earnings is forecast to grow by 78% in the next 2 years.New Risk • Dec 02New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 5.7% 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 (22% accrual ratio). Minor Risk Shareholders have been diluted in the past year (5.7% increase in shares outstanding).Buying Opportunity • Nov 10Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 12%. The fair value is estimated to be CN¥93.54, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 31% over the last 3 years. Earnings per share has grown by 22%. Revenue is forecast to grow by 63% in 2 years. Earnings is forecast to grow by 79% in the next 2 years.Reported Earnings • Oct 31Third quarter 2023 earnings released: EPS: CN¥0.58 (vs CN¥0.48 in 3Q 2022)Third quarter 2023 results: EPS: CN¥0.58 (up from CN¥0.48 in 3Q 2022). Revenue: CN¥2.01b (up 28% from 3Q 2022). Net income: CN¥239.3m (up 21% from 3Q 2022). Profit margin: 12% (in line with 3Q 2022). 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 22% per year but the company’s share price has increased by 28% per year, which means it is tracking significantly ahead of earnings growth.공시 • Sep 30Bethel Automotive Safety Systems Co., Ltd to Report Q3, 2023 Results on Oct 28, 2023Bethel Automotive Safety Systems Co., Ltd announced that they will report Q3, 2023 results on Oct 28, 2023Reported Earnings • Aug 29Second quarter 2023 earnings released: EPS: CN¥0.44 (vs CN¥0.35 in 2Q 2022)Second quarter 2023 results: EPS: CN¥0.44 (up from CN¥0.35 in 2Q 2022). Revenue: CN¥1.59b (up 45% from 2Q 2022). Net income: CN¥183.3m (up 29% from 2Q 2022). Profit margin: 12% (down from 13% in 2Q 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 21% growth forecast for the Auto Components industry in China. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has increased by 29% per year, which means it is tracking significantly ahead of earnings growth.Buying Opportunity • Aug 15Now 20% undervaluedOver the last 90 days, the stock is up 23%. The fair value is estimated to be CN¥102, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 24% over the last 3 years. Earnings per share has grown by 21%. Revenue is forecast to grow by 72% in 2 years. Earnings is forecast to grow by 91% in the next 2 years.공시 • Jun 28Bethel Automotive Safety Systems Co., Ltd to Report First Half, 2023 Results on Aug 29, 2023Bethel Automotive Safety Systems Co., Ltd announced that they will report first half, 2023 results on Aug 29, 2023Valuation Update With 7 Day Price Move • Jun 15Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CN¥76.93, the stock trades at a forward P/E ratio of 30x. Average forward P/E is 22x in the Auto Components industry in China. Total returns to shareholders of 123% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥77.44 per share.Reported Earnings • Mar 22Full year 2022 earnings released: EPS: CN¥1.71 (vs CN¥1.24 in FY 2021)Full year 2022 results: EPS: CN¥1.71 (up from CN¥1.24 in FY 2021). Revenue: CN¥5.54b (up 59% from FY 2021). Net income: CN¥698.7m (up 39% from FY 2021). Profit margin: 13% (down from 14% in FY 2021). 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 23% growth forecast for the Auto Components industry in China. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has increased by 45% per year, which means it is tracking significantly ahead of earnings growth.Buying Opportunity • Feb 09Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 15%. The fair value is estimated to be CN¥97.99, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Earnings per share has grown by 18%. Revenue is forecast to grow by 83% in 2 years. Earnings is forecast to grow by 107% in the next 2 years.Buying Opportunity • Jan 09Now 20% undervaluedOver the last 90 days, the stock is up 1.4%. The fair value is estimated to be CN¥105, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Earnings per share has grown by 18%. Revenue is forecast to grow by 90% in 2 years. Earnings is forecast to grow by 109% in the next 2 years.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. 6 non-independent directors. Independent Director Fushen Hou was the last independent director to join the board, commencing their role in 2021. 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 05Investor sentiment improved over the past weekAfter last week's 19% share price gain to CN¥102, the stock trades at a forward P/E ratio of 45x. Average forward P/E is 26x in the Auto Components industry in China. Total returns to shareholders of 483% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥62.65 per share.Reported Earnings • Oct 29Third quarter 2022 earnings released: EPS: CN¥0.48 (vs CN¥0.31 in 3Q 2021)Third quarter 2022 results: EPS: CN¥0.48 (up from CN¥0.31 in 3Q 2021). Revenue: CN¥1.57b (up 100% from 3Q 2021). Net income: CN¥197.6m (up 55% from 3Q 2021). Profit margin: 13% (down from 16% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 36% p.a. on average during the next 3 years, compared to a 23% growth forecast for the Auto Components industry in China. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has increased by 72% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • Sep 07Investor sentiment improved over the past weekAfter last week's 16% share price gain to CN¥100, the stock trades at a forward P/E ratio of 53x. Average forward P/E is 27x in the Auto Components industry in China. Total returns to shareholders of 547% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥77.77 per share.Reported Earnings • Aug 31Second quarter 2022 earnings released: EPS: CN¥0.35 (vs CN¥0.28 in 2Q 2021)Second quarter 2022 results: EPS: CN¥0.35 (up from CN¥0.28 in 2Q 2021). Revenue: CN¥1.10b (up 46% from 2Q 2021). Net income: CN¥142.2m (up 26% from 2Q 2021). Profit margin: 13% (down from 15% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 30%, compared to a 38% growth forecast for the Auto Components industry in China. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has increased by 84% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • Jul 16Investor sentiment improved over the past weekAfter last week's 16% share price gain to CN¥87.95, the stock trades at a forward P/E ratio of 49x. Average forward P/E is 27x in the Auto Components industry in China. Total returns to shareholders of 470% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥65.63 per share.Valuation Update With 7 Day Price Move • Jun 27Investor sentiment improved over the past weekAfter last week's 16% share price gain to CN¥86.25, the stock trades at a forward P/E ratio of 48x. Average forward P/E is 30x in the Auto Components industry in China. Total returns to shareholders of 414% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥60.40 per share.Reported Earnings • May 02First quarter 2022 earnings released: EPS: CN¥0.34 (vs CN¥0.31 in 1Q 2021)First quarter 2022 results: EPS: CN¥0.34 (up from CN¥0.31 in 1Q 2021). Revenue: CN¥1.01b (up 29% from 1Q 2021). Net income: CN¥138.3m (up 8.3% from 1Q 2021). Profit margin: 14% (down from 16% in 1Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 31%, compared to a 32% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has increased by 48% per year, which means it is tracking significantly ahead of earnings growth.Board Change • Apr 27Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. No highly experienced directors. 1 independent director (3 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Reported Earnings • Apr 10Full year 2021 earnings released: EPS: CN¥1.24 (vs CN¥1.13 in FY 2020)Full year 2021 results: EPS: CN¥1.24 (up from CN¥1.13 in FY 2020). Revenue: CN¥3.49b (up 15% from FY 2020). Net income: CN¥504.5m (up 9.3% from FY 2020). Profit margin: 14% (in line with FY 2020). Over the next year, revenue is forecast to grow 29%, compared to a 33% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has increased by 34% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • Mar 05Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to CN¥70.10, the stock trades at a forward P/E ratio of 42x. Average forward P/E is 23x in the Auto Components industry in China. Total returns to shareholders of 193% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥51.06 per share.Valuation Update With 7 Day Price Move • Feb 18Investor sentiment improved over the past weekAfter last week's 20% share price gain to CN¥80.98, the stock trades at a forward P/E ratio of 49x. Average forward P/E is 25x in the Auto Components industry in China. Total returns to shareholders of 302% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥49.07 per share.Valuation Update With 7 Day Price Move • Jan 14Investor sentiment improved over the past weekAfter last week's 22% share price gain to CN¥77.58, the stock trades at a forward P/E ratio of 48x. Average forward P/E is 27x in the Auto Components industry in China. Total returns to shareholders of 286% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥46.13 per share.Valuation Update With 7 Day Price Move • Dec 24Investor sentiment improved over the past weekAfter last week's 18% share price gain to CN¥75.61, the stock trades at a forward P/E ratio of 46x. Average forward P/E is 30x in the Auto Components industry in China. Total returns to shareholders of 234% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥45.91 per share.Reported Earnings • Oct 28Third quarter 2021 earnings released: EPS CN¥0.31 (vs CN¥0.32 in 3Q 2020)The company reported a poor third quarter result with weaker earnings and revenues, although profit margins were flat. Third quarter 2021 results: Revenue: CN¥787.2m (down 8.9% from 3Q 2020). Net income: CN¥127.7m (down 3.9% from 3Q 2020). Profit margin: 16% (in line with 3Q 2020).Valuation Update With 7 Day Price Move • Oct 19Investor sentiment improved over the past weekAfter last week's 17% share price gain to CN¥55.09, the stock trades at a forward P/E ratio of 36x. Average forward P/E is 20x in the Auto Components industry in China. Total returns to shareholders of 58% over the past year.Valuation Update With 7 Day Price Move • Sep 03Investor sentiment improved over the past weekAfter last week's 17% share price gain to CN¥47.07, the stock trades at a forward P/E ratio of 30x. Average forward P/E is 19x in the Auto Components industry in China. Total returns to shareholders of 39% over the past year.Reported Earnings • Aug 29Second quarter 2021 earnings released: EPS CN¥0.28 (vs CN¥0.15 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CN¥755.1m (up 33% from 2Q 2020). Net income: CN¥113.1m (up 80% from 2Q 2020). Profit margin: 15% (up from 11% in 2Q 2020). The increase in margin was driven by higher revenue.Valuation Update With 7 Day Price Move • Aug 02Investor sentiment improved over the past weekAfter last week's 15% share price gain to CN¥40.05, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 20x in the Auto Components industry in China. Total returns to shareholders of 5.5% over the past year.Reported Earnings • Apr 29First quarter 2021 earnings released: EPS CN¥0.31 (vs CN¥0.26 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¥786.0m (up 32% from 1Q 2020). Net income: CN¥127.8m (up 22% from 1Q 2020). Profit margin: 16% (down from 18% in 1Q 2020). The decrease in margin was driven by higher expenses.Reported Earnings • Apr 12Full year 2020 earnings released: EPS CN¥1.13 (vs CN¥0.98 in FY 2019)The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: CN¥3.04b (down 3.6% from FY 2019). Net income: CN¥461.5m (up 15% from FY 2019). Profit margin: 15% (up from 13% in FY 2019). The increase in margin was driven by lower expenses.Is New 90 Day High Low • Mar 10New 90-day low: CN¥30.70The company is down 14% from its price of CN¥35.70 on 10 December 2020. The Chinese market is down 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Auto Components industry, which is down 6.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥2.62 per share.Valuation Update With 7 Day Price Move • Feb 12Investor sentiment improved over the past weekAfter last week's 24% share price gain to CN¥38.61, the stock is trading at a trailing P/E ratio of 40.2x, up from the previous P/E ratio of 32.4x. This compares to an average P/E of 32x in the Auto Components industry in China. Total returns to shareholders over the past year are 32%.Is New 90 Day High Low • Feb 06New 90-day low: CN¥31.11The company is down 19% from its price of CN¥38.39 on 06 November 2020. The Chinese market is up 4.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Auto Components industry, which is down 5.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥2.62 per share.Valuation Update With 7 Day Price Move • Nov 04Market bids up stock over the past weekAfter last week's 15% share price gain to CN¥37.17, the stock is trading at a trailing P/E ratio of 38.7x, up from the previous P/E ratio of 33.6x. This compares to an average P/E of 39x in the Auto Components industry in China. Total returns to shareholders over the past year are 109%.Reported Earnings • Oct 29Third quarter earnings releasedOver the last 12 months the company has reported total profits of CN¥395.9m, up 24% from the prior year. Total revenue was CN¥3.06b over the last 12 months, up 8.4% from the prior year.Is New 90 Day High Low • Oct 22New 90-day low: CN¥32.48The company is down 15% from its price of CN¥38.00 on 24 July 2020. The Chinese market is down 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Auto Components industry, which is up 10.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥11.38 per share.Is New 90 Day High Low • Sep 30New 90-day low: CN¥33.18The company is down 1.0% from its price of CN¥33.62 on 02 July 2020. The Chinese market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Auto Components industry, which is up 18% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥11.53 per share.이익 및 매출 성장 예측XSSC:603596 - 애널리스트 향후 추정치 및 과거 재무 데이터 (CNY Millions)날짜매출이익자유현금흐름영업현금흐름평균 애널리스트 수12/31/202820,8992,2871,1482,204812/31/202718,1741,9571,4662,3451012/31/202615,1531,5437611,649103/31/202612,0511,308169943N/A12/31/202512,0141,30982867N/A9/30/202511,7161,3222471,027N/A6/30/202511,1301,2745361,302N/A3/31/202510,7151,2694091,132N/A12/31/20249,9371,2093261,058N/A9/30/20248,9471,075-51758N/A6/30/20248,35099333913N/A3/31/20247,834929-137781N/A12/31/20237,474891-354678N/A9/30/20236,9608161481,088N/A6/30/20236,52077410836N/A3/31/20236,02573356788N/A12/31/20225,539699177785N/A9/30/20224,848614-73402N/A6/30/20224,065544125536N/A3/31/20223,72051542370N/A12/31/20213,492505149433N/A9/30/20213,345530159445N/A6/30/20213,422535-23199N/A3/31/20213,234485109338N/A12/31/20203,042461408584N/A9/30/20203,061396398533N/A6/30/20203,007378507732N/A3/31/20203,109389527767N/A12/31/20193,157402N/A758N/A9/30/20192,820318N/A865N/A6/30/20192,602278N/A750N/A3/31/20192,563267N/A625N/A12/31/20182,602237N/A369N/A9/30/20182,725319N/A190N/A6/30/20182,678304N/A69N/A3/31/20182,483301N/A-80N/A12/31/20172,419277N/A61N/A6/30/20172,488308N/A143N/A3/31/20172,441292N/A180N/A12/31/20162,212272N/A148N/A6/30/20161,559200N/A57N/A3/31/20161,515193N/A79N/A12/31/20151,471166N/A98N/A더 보기애널리스트 향후 성장 전망수입 대 저축률: 603596 의 연간 예상 수익 증가율(20.4%)이 saving rate(2.4%)보다 높습니다.수익 vs 시장: 603596 의 연간 수익(20.4%)이 CN 시장(27%)보다 느리게 성장할 것으로 예상됩니다.고성장 수익: 603596 의 수입은 향후 3년 동안 상당히 증가할 것으로 예상됩니다.수익 대 시장: 603596 의 수익(연간 19.3%)이 CN 시장(연간 16.3%)보다 빠르게 성장할 것으로 예상됩니다.고성장 매출: 603596 의 수익(연간 19.3%)은 연간 20%보다 느리게 증가할 것으로 예상됩니다.주당순이익 성장 예측향후 자기자본이익률미래 ROE: 603596의 자본 수익률은 3년 후 18.6%로 낮을 것으로 예상됩니다.성장 기업 찾아보기7D1Y7D1Y7D1YAutomobiles 산업의 고성장 기업.View Past Performance기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/06/08 17:35종가2026/06/08 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 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.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 소스Bethel Automotive Safety Systems Co., Ltd는 13명의 분석가가 다루고 있습니다. 이 중 10명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Joey YangBofA Global ResearchJinman ShiChina Galaxy Securities Co., Ltd.Jingtao LiCitic Securities Co., Ltd.10명의 분석가 더 보기
Board Change • May 20Less than half of directors are independentThere are 5 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 3 independent directors. 5 non-independent directors. Independent Director Kaiguo Li was the last independent director to join the board, commencing their role in 2024. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.
공시 • Mar 30Bethel Automotive Safety Systems Co., Ltd to Report Q1, 2026 Results on Apr 29, 2026Bethel Automotive Safety Systems Co., Ltd announced that they will report Q1, 2026 results on Apr 29, 2026
공시 • Mar 28Bethel Automotive Safety Systems Co., Ltd, Annual General Meeting, Apr 20, 2026Bethel Automotive Safety Systems Co., Ltd, Annual General Meeting, Apr 20, 2026, at 14:00 China Standard Time. Location: The Company's Meeting Room, Wuhu Area, China (Anhui) Pilot Free Trade Zone China
공시 • Dec 26Bethel Automotive Safety Systems Co., Ltd to Report Fiscal Year 2025 Results on Mar 28, 2026Bethel Automotive Safety Systems Co., Ltd announced that they will report fiscal year 2025 results on Mar 28, 2026
공시 • Sep 30Bethel Automotive Safety Systems Co., Ltd to Report Q3, 2025 Results on Oct 30, 2025Bethel Automotive Safety Systems Co., Ltd announced that they will report Q3, 2025 results on Oct 30, 2025
공시 • Jun 30Bethel Automotive Safety Systems Co., Ltd to Report First Half, 2025 Results on Aug 29, 2025Bethel Automotive Safety Systems Co., Ltd announced that they will report first half, 2025 results on Aug 29, 2025
공시 • Apr 23Bethel Automotive Safety Systems Co., Ltd, Annual General Meeting, May 13, 2025Bethel Automotive Safety Systems Co., Ltd, Annual General Meeting, May 13, 2025, at 14:00 China Standard Time. Location: The Company's Meeting Room, Wuhu, Anhui China
공시 • Mar 28Bethel Automotive Safety Systems Co., Ltd to Report Q1, 2025 Results on Apr 30, 2025Bethel Automotive Safety Systems Co., Ltd announced that they will report Q1, 2025 results on Apr 30, 2025
공시 • Dec 27Bethel Automotive Safety Systems Co., Ltd to Report Fiscal Year 2024 Results on Apr 23, 2025Bethel Automotive Safety Systems Co., Ltd announced that they will report fiscal year 2024 results on Apr 23, 2025
공시 • Dec 18+ 1 more updateBethel Automotive Safety Systems Co., Ltd(SHSE:603596) dropped from Shanghai Stock Exchange 180 Value IndexBethel Automotive Safety Systems Co., Ltd has been removed from Shanghai Stock Exchange 180 Value Index.
Reported Earnings • Oct 30Third quarter 2024 earnings released: EPS: CN¥0.53 (vs CN¥0.41 in 3Q 2023)Third quarter 2024 results: EPS: CN¥0.53 (up from CN¥0.41 in 3Q 2023). Revenue: CN¥2.61b (up 30% from 3Q 2023). Net income: CN¥320.6m (up 34% from 3Q 2023). Profit margin: 12% (in line with 3Q 2023). 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 24% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Sep 30Investor sentiment improves as stock rises 25%After last week's 25% share price gain to CN¥48.92, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 15x in the Auto Components industry in China. Total returns to shareholders of 55% over the past three years.
공시 • Sep 30Bethel Automotive Safety Systems Co., Ltd to Report Q3, 2024 Results on Oct 30, 2024Bethel Automotive Safety Systems Co., Ltd announced that they will report Q3, 2024 results on Oct 30, 2024
Reported Earnings • Aug 31Second quarter 2024 earnings released: EPS: CN¥0.41 (vs CN¥0.33 in 2Q 2023)Second quarter 2024 results: EPS: CN¥0.41 (up from CN¥0.33 in 2Q 2023). Revenue: CN¥2.11b (up 32% from 2Q 2023). Net income: CN¥247.5m (up 35% from 2Q 2023). Profit margin: 12% (in line with 2Q 2023). 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 23% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Jul 10Investor sentiment improves as stock rises 22%After last week's 22% share price gain to CN¥46.35, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 15x in the Auto Components industry in China. Total returns to shareholders of 76% over the past three years.
공시 • Jun 28Bethel Automotive Safety Systems Co., Ltd to Report First Half, 2024 Results on Aug 30, 2024Bethel Automotive Safety Systems Co., Ltd announced that they will report first half, 2024 results on Aug 30, 2024
Reported Earnings • May 01First quarter 2024 earnings released: EPS: CN¥0.48 (vs CN¥0.42 in 1Q 2023)First quarter 2024 results: EPS: CN¥0.48 (up from CN¥0.42 in 1Q 2023). Revenue: CN¥1.86b (up 24% from 1Q 2023). Net income: CN¥209.9m (up 22% from 1Q 2023). Profit margin: 11% (in line with 1Q 2023). Revenue is forecast to grow 23% p.a. on average during the next 3 years, compared to a 19% growth forecast for the Auto Components industry in China. Over the last 3 years on average, earnings per share has increased by 22% per year whereas the company’s share price has increased by 24% per year.
공시 • Mar 29Bethel Automotive Safety Systems Co., Ltd to Report Q1, 2024 Results on Apr 30, 2024Bethel Automotive Safety Systems Co., Ltd announced that they will report Q1, 2024 results on Apr 30, 2024
공시 • Mar 28Bethel Automotive Safety Systems Co., Ltd, Annual General Meeting, Apr 17, 2024Bethel Automotive Safety Systems Co., Ltd, Annual General Meeting, Apr 17, 2024, at 14:00 China Standard Time. Location: The Company's Meeting Room, Wuhu Area, China (Anhui) Pilot Free Trade Zone China
Reported Earnings • Mar 28Full year 2023 earnings released: EPS: CN¥2.15 (vs CN¥1.71 in FY 2022)Full year 2023 results: EPS: CN¥2.15 (up from CN¥1.71 in FY 2022). Revenue: CN¥7.47b (up 35% from FY 2022). Net income: CN¥891.5m (up 28% from FY 2022). Profit margin: 12% (in line with FY 2022). Revenue is forecast to grow 22% 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 22% per year but the company’s share price has increased by 28% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • Feb 09Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CN¥59.29, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 17x in the Auto Components industry in China. Total returns to shareholders of 55% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥107 per share.
공시 • Feb 01Bethel Automotive Safety Systems Co., Ltd (SHSE:603596) announces an Equity Buyback for 1,800,000 shares, for CNY 162.77 million.Bethel Automotive Safety Systems Co., Ltd (SHSE:603596) announces a share repurchase program. Under the program, the company will repurchase not more than 1,800,000 shares for CNY 162.77 million. The shares will be repurchased at a price not more than CNY 90.43 per share. The repurchased shares will be used for ESOP or equity incentives. The program will be valid for a period of 12 months.
New Risk • Jan 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 6.2% 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 (22% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (6.2% average weekly change). Shareholders have been diluted in the past year (5.2% increase in shares outstanding).
공시 • Dec 29Bethel Automotive Safety Systems Co., Ltd to Report Fiscal Year 2023 Results on Mar 28, 2024Bethel Automotive Safety Systems Co., Ltd announced that they will report fiscal year 2023 results on Mar 28, 2024
Buying Opportunity • Dec 15Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 6.7%. The fair value is estimated to be CN¥88.39, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 31% over the last 3 years. Earnings per share has grown by 22%. Revenue is forecast to grow by 63% in 2 years. Earnings is forecast to grow by 78% in the next 2 years.
New Risk • Dec 02New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 5.7% 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 (22% accrual ratio). Minor Risk Shareholders have been diluted in the past year (5.7% increase in shares outstanding).
Buying Opportunity • Nov 10Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 12%. The fair value is estimated to be CN¥93.54, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 31% over the last 3 years. Earnings per share has grown by 22%. Revenue is forecast to grow by 63% in 2 years. Earnings is forecast to grow by 79% in the next 2 years.
Reported Earnings • Oct 31Third quarter 2023 earnings released: EPS: CN¥0.58 (vs CN¥0.48 in 3Q 2022)Third quarter 2023 results: EPS: CN¥0.58 (up from CN¥0.48 in 3Q 2022). Revenue: CN¥2.01b (up 28% from 3Q 2022). Net income: CN¥239.3m (up 21% from 3Q 2022). Profit margin: 12% (in line with 3Q 2022). 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 22% per year but the company’s share price has increased by 28% per year, which means it is tracking significantly ahead of earnings growth.
공시 • Sep 30Bethel Automotive Safety Systems Co., Ltd to Report Q3, 2023 Results on Oct 28, 2023Bethel Automotive Safety Systems Co., Ltd announced that they will report Q3, 2023 results on Oct 28, 2023
Reported Earnings • Aug 29Second quarter 2023 earnings released: EPS: CN¥0.44 (vs CN¥0.35 in 2Q 2022)Second quarter 2023 results: EPS: CN¥0.44 (up from CN¥0.35 in 2Q 2022). Revenue: CN¥1.59b (up 45% from 2Q 2022). Net income: CN¥183.3m (up 29% from 2Q 2022). Profit margin: 12% (down from 13% in 2Q 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 21% growth forecast for the Auto Components industry in China. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has increased by 29% per year, which means it is tracking significantly ahead of earnings growth.
Buying Opportunity • Aug 15Now 20% undervaluedOver the last 90 days, the stock is up 23%. The fair value is estimated to be CN¥102, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 24% over the last 3 years. Earnings per share has grown by 21%. Revenue is forecast to grow by 72% in 2 years. Earnings is forecast to grow by 91% in the next 2 years.
공시 • Jun 28Bethel Automotive Safety Systems Co., Ltd to Report First Half, 2023 Results on Aug 29, 2023Bethel Automotive Safety Systems Co., Ltd announced that they will report first half, 2023 results on Aug 29, 2023
Valuation Update With 7 Day Price Move • Jun 15Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CN¥76.93, the stock trades at a forward P/E ratio of 30x. Average forward P/E is 22x in the Auto Components industry in China. Total returns to shareholders of 123% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥77.44 per share.
Reported Earnings • Mar 22Full year 2022 earnings released: EPS: CN¥1.71 (vs CN¥1.24 in FY 2021)Full year 2022 results: EPS: CN¥1.71 (up from CN¥1.24 in FY 2021). Revenue: CN¥5.54b (up 59% from FY 2021). Net income: CN¥698.7m (up 39% from FY 2021). Profit margin: 13% (down from 14% in FY 2021). 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 23% growth forecast for the Auto Components industry in China. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has increased by 45% per year, which means it is tracking significantly ahead of earnings growth.
Buying Opportunity • Feb 09Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 15%. The fair value is estimated to be CN¥97.99, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Earnings per share has grown by 18%. Revenue is forecast to grow by 83% in 2 years. Earnings is forecast to grow by 107% in the next 2 years.
Buying Opportunity • Jan 09Now 20% undervaluedOver the last 90 days, the stock is up 1.4%. The fair value is estimated to be CN¥105, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Earnings per share has grown by 18%. Revenue is forecast to grow by 90% in 2 years. Earnings is forecast to grow by 109% in the next 2 years.
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. 6 non-independent directors. Independent Director Fushen Hou was the last independent director to join the board, commencing their role in 2021. 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 05Investor sentiment improved over the past weekAfter last week's 19% share price gain to CN¥102, the stock trades at a forward P/E ratio of 45x. Average forward P/E is 26x in the Auto Components industry in China. Total returns to shareholders of 483% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥62.65 per share.
Reported Earnings • Oct 29Third quarter 2022 earnings released: EPS: CN¥0.48 (vs CN¥0.31 in 3Q 2021)Third quarter 2022 results: EPS: CN¥0.48 (up from CN¥0.31 in 3Q 2021). Revenue: CN¥1.57b (up 100% from 3Q 2021). Net income: CN¥197.6m (up 55% from 3Q 2021). Profit margin: 13% (down from 16% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 36% p.a. on average during the next 3 years, compared to a 23% growth forecast for the Auto Components industry in China. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has increased by 72% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • Sep 07Investor sentiment improved over the past weekAfter last week's 16% share price gain to CN¥100, the stock trades at a forward P/E ratio of 53x. Average forward P/E is 27x in the Auto Components industry in China. Total returns to shareholders of 547% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥77.77 per share.
Reported Earnings • Aug 31Second quarter 2022 earnings released: EPS: CN¥0.35 (vs CN¥0.28 in 2Q 2021)Second quarter 2022 results: EPS: CN¥0.35 (up from CN¥0.28 in 2Q 2021). Revenue: CN¥1.10b (up 46% from 2Q 2021). Net income: CN¥142.2m (up 26% from 2Q 2021). Profit margin: 13% (down from 15% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 30%, compared to a 38% growth forecast for the Auto Components industry in China. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has increased by 84% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • Jul 16Investor sentiment improved over the past weekAfter last week's 16% share price gain to CN¥87.95, the stock trades at a forward P/E ratio of 49x. Average forward P/E is 27x in the Auto Components industry in China. Total returns to shareholders of 470% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥65.63 per share.
Valuation Update With 7 Day Price Move • Jun 27Investor sentiment improved over the past weekAfter last week's 16% share price gain to CN¥86.25, the stock trades at a forward P/E ratio of 48x. Average forward P/E is 30x in the Auto Components industry in China. Total returns to shareholders of 414% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥60.40 per share.
Reported Earnings • May 02First quarter 2022 earnings released: EPS: CN¥0.34 (vs CN¥0.31 in 1Q 2021)First quarter 2022 results: EPS: CN¥0.34 (up from CN¥0.31 in 1Q 2021). Revenue: CN¥1.01b (up 29% from 1Q 2021). Net income: CN¥138.3m (up 8.3% from 1Q 2021). Profit margin: 14% (down from 16% in 1Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 31%, compared to a 32% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has increased by 48% per year, which means it is tracking significantly ahead of earnings growth.
Board Change • Apr 27Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. No highly experienced directors. 1 independent director (3 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Reported Earnings • Apr 10Full year 2021 earnings released: EPS: CN¥1.24 (vs CN¥1.13 in FY 2020)Full year 2021 results: EPS: CN¥1.24 (up from CN¥1.13 in FY 2020). Revenue: CN¥3.49b (up 15% from FY 2020). Net income: CN¥504.5m (up 9.3% from FY 2020). Profit margin: 14% (in line with FY 2020). Over the next year, revenue is forecast to grow 29%, compared to a 33% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has increased by 34% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • Mar 05Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to CN¥70.10, the stock trades at a forward P/E ratio of 42x. Average forward P/E is 23x in the Auto Components industry in China. Total returns to shareholders of 193% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥51.06 per share.
Valuation Update With 7 Day Price Move • Feb 18Investor sentiment improved over the past weekAfter last week's 20% share price gain to CN¥80.98, the stock trades at a forward P/E ratio of 49x. Average forward P/E is 25x in the Auto Components industry in China. Total returns to shareholders of 302% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥49.07 per share.
Valuation Update With 7 Day Price Move • Jan 14Investor sentiment improved over the past weekAfter last week's 22% share price gain to CN¥77.58, the stock trades at a forward P/E ratio of 48x. Average forward P/E is 27x in the Auto Components industry in China. Total returns to shareholders of 286% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥46.13 per share.
Valuation Update With 7 Day Price Move • Dec 24Investor sentiment improved over the past weekAfter last week's 18% share price gain to CN¥75.61, the stock trades at a forward P/E ratio of 46x. Average forward P/E is 30x in the Auto Components industry in China. Total returns to shareholders of 234% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥45.91 per share.
Reported Earnings • Oct 28Third quarter 2021 earnings released: EPS CN¥0.31 (vs CN¥0.32 in 3Q 2020)The company reported a poor third quarter result with weaker earnings and revenues, although profit margins were flat. Third quarter 2021 results: Revenue: CN¥787.2m (down 8.9% from 3Q 2020). Net income: CN¥127.7m (down 3.9% from 3Q 2020). Profit margin: 16% (in line with 3Q 2020).
Valuation Update With 7 Day Price Move • Oct 19Investor sentiment improved over the past weekAfter last week's 17% share price gain to CN¥55.09, the stock trades at a forward P/E ratio of 36x. Average forward P/E is 20x in the Auto Components industry in China. Total returns to shareholders of 58% over the past year.
Valuation Update With 7 Day Price Move • Sep 03Investor sentiment improved over the past weekAfter last week's 17% share price gain to CN¥47.07, the stock trades at a forward P/E ratio of 30x. Average forward P/E is 19x in the Auto Components industry in China. Total returns to shareholders of 39% over the past year.
Reported Earnings • Aug 29Second quarter 2021 earnings released: EPS CN¥0.28 (vs CN¥0.15 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CN¥755.1m (up 33% from 2Q 2020). Net income: CN¥113.1m (up 80% from 2Q 2020). Profit margin: 15% (up from 11% in 2Q 2020). The increase in margin was driven by higher revenue.
Valuation Update With 7 Day Price Move • Aug 02Investor sentiment improved over the past weekAfter last week's 15% share price gain to CN¥40.05, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 20x in the Auto Components industry in China. Total returns to shareholders of 5.5% over the past year.
Reported Earnings • Apr 29First quarter 2021 earnings released: EPS CN¥0.31 (vs CN¥0.26 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¥786.0m (up 32% from 1Q 2020). Net income: CN¥127.8m (up 22% from 1Q 2020). Profit margin: 16% (down from 18% in 1Q 2020). The decrease in margin was driven by higher expenses.
Reported Earnings • Apr 12Full year 2020 earnings released: EPS CN¥1.13 (vs CN¥0.98 in FY 2019)The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: CN¥3.04b (down 3.6% from FY 2019). Net income: CN¥461.5m (up 15% from FY 2019). Profit margin: 15% (up from 13% in FY 2019). The increase in margin was driven by lower expenses.
Is New 90 Day High Low • Mar 10New 90-day low: CN¥30.70The company is down 14% from its price of CN¥35.70 on 10 December 2020. The Chinese market is down 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Auto Components industry, which is down 6.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥2.62 per share.
Valuation Update With 7 Day Price Move • Feb 12Investor sentiment improved over the past weekAfter last week's 24% share price gain to CN¥38.61, the stock is trading at a trailing P/E ratio of 40.2x, up from the previous P/E ratio of 32.4x. This compares to an average P/E of 32x in the Auto Components industry in China. Total returns to shareholders over the past year are 32%.
Is New 90 Day High Low • Feb 06New 90-day low: CN¥31.11The company is down 19% from its price of CN¥38.39 on 06 November 2020. The Chinese market is up 4.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Auto Components industry, which is down 5.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥2.62 per share.
Valuation Update With 7 Day Price Move • Nov 04Market bids up stock over the past weekAfter last week's 15% share price gain to CN¥37.17, the stock is trading at a trailing P/E ratio of 38.7x, up from the previous P/E ratio of 33.6x. This compares to an average P/E of 39x in the Auto Components industry in China. Total returns to shareholders over the past year are 109%.
Reported Earnings • Oct 29Third quarter earnings releasedOver the last 12 months the company has reported total profits of CN¥395.9m, up 24% from the prior year. Total revenue was CN¥3.06b over the last 12 months, up 8.4% from the prior year.
Is New 90 Day High Low • Oct 22New 90-day low: CN¥32.48The company is down 15% from its price of CN¥38.00 on 24 July 2020. The Chinese market is down 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Auto Components industry, which is up 10.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥11.38 per share.
Is New 90 Day High Low • Sep 30New 90-day low: CN¥33.18The company is down 1.0% from its price of CN¥33.62 on 02 July 2020. The Chinese market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Auto Components industry, which is up 18% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥11.53 per share.