View ValuationSinosteel Engineering & Technology 향후 성장Future 기준 점검 1/6Sinosteel Engineering & Technology (는) 각각 연간 14.3% 및 4.8% 수익과 수익이 증가할 것으로 예상됩니다. EPS는 연간 14% 만큼 성장할 것으로 예상됩니다. 자기자본이익률은 3년 후 8% 로 예상됩니다.핵심 정보14.3%이익 성장률14.01%EPS 성장률Construction 이익 성장12.5%매출 성장률4.8%향후 자기자본이익률7.97%애널리스트 커버리지Low마지막 업데이트22 May 2026최근 향후 성장 업데이트Major Estimate Revision • Nov 20Consensus revenue estimates fall by 15%The consensus outlook for revenues in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from CN¥17.3b to CN¥14.8b. EPS estimate fell from CN¥0.608 to CN¥0.56 per share. Net income forecast to grow 19% next year vs 24% growth forecast for Construction industry in China. Consensus price target down from CN¥8.90 to CN¥8.51. Share price fell 3.1% to CN¥6.35 over the past week.Price Target Changed • Aug 27Price target increased by 7.4% to CN¥8.90Up from CN¥8.29, the current price target is an average from 2 analysts. New target price is 36% above last closing price of CN¥6.55. Stock is up 22% over the past year. The company is forecast to post earnings per share of CN¥0.63 for next year compared to CN¥0.58 last year.Major Estimate Revision • Apr 30Consensus revenue estimates fall by 38%The consensus outlook for revenues in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from CN¥28.7b to CN¥17.9b. EPS estimate fell from CN¥0.67 to CN¥0.64 per share. Net income forecast to grow 11% next year vs 13% growth forecast for Construction industry in China. Consensus price target broadly unchanged at CN¥8.29. Share price was steady at CN¥6.45 over the past week.Price Target Changed • Dec 19Price target decreased by 13% to CN¥8.82Down from CN¥10.11, the current price target is provided by 1 analyst. New target price is 33% above last closing price of CN¥6.65. Stock is up 14% over the past year. The company is forecast to post earnings per share of CN¥0.61 for next year compared to CN¥0.58 last year.Price Target Changed • May 16Price target increased by 16% to CN¥9.59Up from CN¥8.31, the current price target is an average from 3 analysts. New target price is 40% above last closing price of CN¥6.84. Stock is down 27% over the past year. The company is forecast to post earnings per share of CN¥0.63 for next year compared to CN¥0.58 last year.Price Target Changed • Oct 31Price target decreased by 9.0% to CN¥12.20Down from CN¥13.41, the current price target is an average from 3 analysts. New target price is 98% above last closing price of CN¥6.17. Stock is up 11% over the past year. The company is forecast to post earnings per share of CN¥0.90 for next year compared to CN¥0.49 last year.모든 업데이트 보기Recent updatesDeclared Dividend • Jun 01Dividend reduced to CN¥0.21Dividend of CN¥0.21 is 30% lower than last year. Ex-date: 5th June 2026 Payment date: 5th June 2026 Dividend yield will be 3.6%, which is higher than the industry average of 3.4%. Sustainability & Growth Dividend is covered by both earnings (67% earnings payout ratio) and cash flows (12% cash payout ratio). The dividend has increased by an average of 25% per year over the past 9 years. However, payments have been volatile during that time. EPS is expected to grow by 48% over the next 3 years, which should provide support to the dividend and adequate earnings cover.공시 • May 30Sinosteel Engineering & Technology Co., Ltd. Announces Final Cash Dividend on A Shares for the Year 2025, Payable on 05 June 2026Sinosteel Engineering & Technology Co., Ltd. announced final cash dividend of CNY 2.10 per 10 shares (tax included) on A shares for the year 2025. Record date: 04 June 2026, Ex-date: 05 June 2026 and Payment date: 05 June 2026.New Risk • May 20New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 3.4% Last year net profit margin: 5.2% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (3.4% net profit margin).New Risk • Apr 29New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 3.4% Last year net profit margin: 5.2% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (3.4% net profit margin).Reported Earnings • Apr 28Full year 2025 earnings: EPS and revenues miss analyst expectationsFull year 2025 results: EPS: CN¥0.34 (down from CN¥0.58 in FY 2024). Revenue: CN¥13.9b (down 21% from FY 2024). Net income: CN¥485.2m (down 42% from FY 2024). Profit margin: 3.5% (down from 4.7% in FY 2024). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 6.1%. Earnings per share (EPS) also missed analyst estimates by 40%. Revenue is forecast to grow 7.3% p.a. on average during the next 2 years, compared to a 7.1% growth forecast for the Construction industry in China. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has fallen by 10% per year, which means it is performing significantly worse than earnings.공시 • Apr 28Sinosteel Engineering & Technology Co., Ltd., Annual General Meeting, May 18, 2026Sinosteel Engineering & Technology Co., Ltd., Annual General Meeting, May 18, 2026, at 14:00 China Standard Time. Location: The Company's Meeting Room, Beijing China공시 • Mar 31Sinosteel Engineering & Technology Co., Ltd. to Report Q1, 2026 Results on Apr 28, 2026Sinosteel Engineering & Technology Co., Ltd. announced that they will report Q1, 2026 results on Apr 28, 2026공시 • Dec 31Sinosteel Engineering & Technology Co., Ltd. to Report Fiscal Year 2025 Results on Apr 28, 2026Sinosteel Engineering & Technology Co., Ltd. announced that they will report fiscal year 2025 results on Apr 28, 2026Board Change • Dec 12High number of new and inexperienced directorsThere are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. 3 experienced directors. No highly experienced directors. Supervisor Lichao Yan is the most experienced director on the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.Major Estimate Revision • Nov 20Consensus revenue estimates fall by 15%The consensus outlook for revenues in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from CN¥17.3b to CN¥14.8b. EPS estimate fell from CN¥0.608 to CN¥0.56 per share. Net income forecast to grow 19% next year vs 24% growth forecast for Construction industry in China. Consensus price target down from CN¥8.90 to CN¥8.51. Share price fell 3.1% to CN¥6.35 over the past week.Reported Earnings • Oct 30Third quarter 2025 earnings released: EPS: CN¥0.092 (vs CN¥0.15 in 3Q 2024)Third quarter 2025 results: EPS: CN¥0.092 (down from CN¥0.15 in 3Q 2024). Revenue: CN¥2.43b (down 31% from 3Q 2024). Net income: CN¥131.3m (down 41% from 3Q 2024). Profit margin: 5.4% (down from 6.2% in 3Q 2024). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 7.7% growth forecast for the Construction industry in China. Over the last 3 years on average, earnings per share has increased by 6% per year whereas the company’s share price has increased by 5% per year.공시 • Sep 30Sinosteel Engineering & Technology Co., Ltd. to Report Q3, 2025 Results on Oct 30, 2025Sinosteel Engineering & Technology Co., Ltd. announced that they will report Q3, 2025 results on Oct 30, 2025New Risk • Aug 28New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 34% 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 (34% accrual ratio). Minor Risk Dividend is not well covered by cash flows (322% cash payout ratio).Reported Earnings • Aug 28Second quarter 2025 earnings released: EPS: CN¥0.13 (vs CN¥0.14 in 2Q 2024)Second quarter 2025 results: EPS: CN¥0.13 (down from CN¥0.14 in 2Q 2024). Revenue: CN¥3.23b (down 23% from 2Q 2024). Net income: CN¥192.8m (down 5.9% from 2Q 2024). Profit margin: 6.0% (up from 4.9% in 2Q 2024). The increase in margin was driven by lower expenses. Revenue is forecast to grow 8.5% p.a. on average during the next 3 years, compared to a 6.9% growth forecast for the Construction 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 only increased by 3% per year, which means it is significantly lagging earnings growth.Price Target Changed • Aug 27Price target increased by 7.4% to CN¥8.90Up from CN¥8.29, the current price target is an average from 2 analysts. New target price is 36% above last closing price of CN¥6.55. Stock is up 22% over the past year. The company is forecast to post earnings per share of CN¥0.63 for next year compared to CN¥0.58 last year.공시 • Jul 02Sinosteel Engineering & Technology Co., Ltd. to Report First Half, 2025 Results on Aug 26, 2025Sinosteel Engineering & Technology Co., Ltd. announced that they will report first half, 2025 results on Aug 26, 2025Declared Dividend • Jun 09Dividend increased to CN¥0.30Dividend of CN¥0.30 is 12% higher than last year. Ex-date: 13th June 2025 Payment date: 13th June 2025 Dividend yield will be 4.5%, which is higher than the industry average of 3.4%. Sustainability & Growth Dividend is covered by both earnings (50% earnings payout ratio) and cash flows (16% cash payout ratio). The dividend has increased by an average of 35% per year over the past 8 years. However, payments have been volatile during that time. EPS is expected to grow by 26% over the next 3 years, which should provide support to the dividend and adequate earnings cover.공시 • May 17Sinosteel Engineering & Technology Co., Ltd. Approves Cash Dividend for 2024Sinosteel Engineering & Technology Co., Ltd. at its Annual General Meeting held on 15 May 2025 approved cash dividend of CNY 2.99000000 per 10 shares (tax included) for 2024.Major Estimate Revision • Apr 30Consensus revenue estimates fall by 38%The consensus outlook for revenues in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from CN¥28.7b to CN¥17.9b. EPS estimate fell from CN¥0.67 to CN¥0.64 per share. Net income forecast to grow 11% next year vs 13% growth forecast for Construction industry in China. Consensus price target broadly unchanged at CN¥8.29. Share price was steady at CN¥6.45 over the past week.공시 • Apr 25Sinosteel Engineering & Technology Co., Ltd. Proposes Final Cash Dividend for 2024Sinosteel Engineering & Technology Co., Ltd. proposed final cash dividend of CNY 2.99000000 per 10 shares (tax included) for 2024.Reported Earnings • Apr 24First quarter 2025 earnings released: EPS: CN¥0.16 (vs CN¥0.15 in 1Q 2024)First quarter 2025 results: EPS: CN¥0.16 (up from CN¥0.15 in 1Q 2024). Revenue: CN¥3.52b (down 28% from 1Q 2024). Net income: CN¥231.6m (up 7.8% from 1Q 2024). Profit margin: 6.6% (up from 4.4% in 1Q 2024). The increase in margin was driven by lower expenses. Revenue is forecast to grow 29% p.a. on average during the next 2 years, compared to a 7.3% growth forecast for the Construction industry in China. Over the last 3 years on average, earnings per share has increased by 10% per year whereas the company’s share price has increased by 5% per year.공시 • Apr 24Sinosteel Engineering & Technology Co., Ltd., Annual General Meeting, May 15, 2025Sinosteel Engineering & Technology Co., Ltd., Annual General Meeting, May 15, 2025, at 14:30 China Standard Time. Location: No. 8, Haidian Avenue, Haidian District, Beijing ChinaBoard Change • Apr 12Less than half of directors are independentThere are 3 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 3 new directors. 1 experienced director. No highly experienced directors. 1 independent director (2 non-independent directors). Independent Director Tianyi Wang is the most experienced director on the board, commencing their role in 2020. They were also the last independent director to join the board. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of experienced directors.공시 • Mar 31Sinosteel Engineering & Technology Co., Ltd. to Report Q1, 2025 Results on Apr 24, 2025Sinosteel Engineering & Technology Co., Ltd. announced that they will report Q1, 2025 results on Apr 24, 2025분석 기사 • Mar 28We Think Sinosteel Engineering & Technology (SZSE:000928) Can Stay On Top Of Its DebtThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...Valuation Update With 7 Day Price Move • Feb 24Investor sentiment improves as stock rises 17%After last week's 17% share price gain to CN¥7.29, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 12x in the Construction industry in China. Total returns to shareholders of 11% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥6.26 per share.분석 기사 • Feb 19Is Now The Time To Look At Buying Sinosteel Engineering & Technology Co., Ltd. (SZSE:000928)?While Sinosteel Engineering & Technology Co., Ltd. ( SZSE:000928 ) might not have the largest market cap around , it...분석 기사 • Jan 02Estimating The Intrinsic Value Of Sinosteel Engineering & Technology Co., Ltd. (SZSE:000928)Key Insights The projected fair value for Sinosteel Engineering & Technology is CN¥6.66 based on Dividend Discount...공시 • Dec 31Sinosteel Engineering & Technology Co., Ltd. to Report Fiscal Year 2024 Results on Apr 24, 2025Sinosteel Engineering & Technology Co., Ltd. announced that they will report fiscal year 2024 results on Apr 24, 2025Price Target Changed • Dec 19Price target decreased by 13% to CN¥8.82Down from CN¥10.11, the current price target is provided by 1 analyst. New target price is 33% above last closing price of CN¥6.65. Stock is up 14% over the past year. The company is forecast to post earnings per share of CN¥0.61 for next year compared to CN¥0.58 last year.분석 기사 • Nov 25Sinosteel Engineering & Technology (SZSE:000928) Has A Pretty Healthy Balance SheetDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...분석 기사 • Nov 11Sinosteel Engineering & Technology's (SZSE:000928) Profits May Not Reveal Underlying IssuesSinosteel Engineering & Technology Co., Ltd.'s ( SZSE:000928 ) healthy profit numbers didn't contain any surprises for...New Risk • Oct 31New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 190% 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 (190% accrual ratio). Minor Risk Paying a dividend despite having no free cash flows.Reported Earnings • Oct 31Third quarter 2024 earnings released: EPS: CN¥0.15 (vs CN¥0.12 in 3Q 2023)Third quarter 2024 results: EPS: CN¥0.15 (up from CN¥0.12 in 3Q 2023). Revenue: CN¥3.53b (down 45% from 3Q 2023). Net income: CN¥220.6m (up 49% from 3Q 2023). Profit margin: 6.2% (up from 2.3% in 3Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Construction industry in China. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.공시 • Sep 30Sinosteel Engineering & Technology Co., Ltd. to Report Q3, 2024 Results on Oct 31, 2024Sinosteel Engineering & Technology Co., Ltd. announced that they will report Q3, 2024 results on Oct 31, 2024Valuation Update With 7 Day Price Move • Sep 30Investor sentiment improves as stock rises 24%After last week's 24% share price gain to CN¥6.50, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 11x in the Construction industry in China. Total loss to shareholders of 14% over the past three years.분석 기사 • Sep 24Sinosteel Engineering & Technology Co., Ltd.'s (SZSE:000928) Earnings Are Not Doing Enough For Some InvestorsWith a price-to-earnings (or "P/E") ratio of 9.5x Sinosteel Engineering & Technology Co., Ltd. ( SZSE:000928 ) may be...Reported Earnings • Aug 29Second quarter 2024 earnings released: EPS: CN¥0.14 (vs CN¥0.10 in 2Q 2023)Second quarter 2024 results: EPS: CN¥0.14 (up from CN¥0.10 in 2Q 2023). Revenue: CN¥4.17b (down 25% from 2Q 2023). Net income: CN¥204.9m (up 52% from 2Q 2023). Profit margin: 4.9% (up from 2.4% in 2Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 9.8% growth forecast for the Construction 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 fallen by 22% per year, which means it is significantly lagging earnings.분석 기사 • Jul 17Sinosteel Engineering & Technology (SZSE:000928) Hasn't Managed To Accelerate Its ReturnsIf you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...Reported Earnings • Jul 17Second quarter 2024 earnings released: EPS: CN¥0.14 (vs CN¥0.10 in 2Q 2023)Second quarter 2024 results: EPS: CN¥0.14 (up from CN¥0.10 in 2Q 2023). Revenue: CN¥4.17b (down 25% from 2Q 2023). Net income: CN¥202.4m (up 50% from 2Q 2023). Profit margin: 4.9% (up from 2.4% in 2Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 10.0% growth forecast for the Construction 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 fallen by 21% per year, which means it is significantly lagging earnings.공시 • Jun 29Sinosteel Engineering & Technology Co., Ltd. to Report First Half, 2024 Results on Aug 29, 2024Sinosteel Engineering & Technology Co., Ltd. announced that they will report first half, 2024 results on Aug 29, 2024분석 기사 • Jun 25Sinosteel Engineering & Technology (SZSE:000928) Seems To Use Debt Quite SensiblyHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...분석 기사 • Jun 02Sinosteel Engineering & Technology (SZSE:000928) Is Paying Out A Larger Dividend Than Last YearThe board of Sinosteel Engineering & Technology Co., Ltd. ( SZSE:000928 ) has announced that it will be paying its...Declared Dividend • Jun 01Dividend of CN¥0.27 announcedShareholders will receive a dividend of CN¥0.27. Ex-date: 6th June 2024 Payment date: 6th June 2024 Dividend yield will be 4.2%, which is higher than the industry average of 3.4%. Sustainability & Growth Dividend is covered by earnings (47% 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 38% per year over the past 7 years. However, payments have been volatile during that time. EPS is expected to grow by 41% over the next 3 years, which should provide support to the dividend and adequate earnings cover.공시 • May 31Sinosteel Engineering & Technology Co., Ltd. Announces 2023 Final Profit Distribution Plan to Be Implemented (A Shares), Payable on 06 June 2024Sinosteel Engineering & Technology Co., Ltd. announced 2023 final profit distribution plan to be implemented (A shares): Cash dividend/10 shares (tax included): CNY 2.66000000. Record date: 05 June 2024. Ex-date: 06 June 2024. Payment date: 06 June 2024.분석 기사 • May 27Sinosteel Engineering & Technology Co., Ltd.'s (SZSE:000928) Low P/E No Reason For ExcitementWith a price-to-earnings (or "P/E") ratio of 12x Sinosteel Engineering & Technology Co., Ltd. ( SZSE:000928 ) may be...Price Target Changed • May 16Price target increased by 16% to CN¥9.59Up from CN¥8.31, the current price target is an average from 3 analysts. New target price is 40% above last closing price of CN¥6.84. Stock is down 27% over the past year. The company is forecast to post earnings per share of CN¥0.63 for next year compared to CN¥0.58 last year.분석 기사 • May 13There Are Some Holes In Sinosteel Engineering & Technology's (SZSE:000928) Solid Earnings ReleaseShareholders didn't seem to be thrilled with Sinosteel Engineering & Technology Co., Ltd.'s ( SZSE:000928 ) recent...공시 • May 02Sinosteel Engineering & Technology Co., Ltd. Proposes the Profit Distribution for 2023Sinosteel Engineering & Technology Co., Ltd. announced on 30 April 2024 the profit distribution proposal for 2023 as Cash dividend/10 shares (tax included): CNY 2.66000000.공시 • May 01Sinosteel Engineering & Technology Co., Ltd., Annual General Meeting, May 20, 2024Sinosteel Engineering & Technology Co., Ltd., Annual General Meeting, May 20, 2024, at 14:30 China Standard Time. Location: No. 8, Haidian Avenue, Haidian District, Beijing ChinaReported Earnings • Apr 30First quarter 2024 earnings released: EPS: CN¥0.15 (vs CN¥0.16 in 1Q 2023)First quarter 2024 results: EPS: CN¥0.15. Revenue: CN¥4.90b (down 4.1% from 1Q 2023). Net income: CN¥214.9m (up 3.3% from 1Q 2023). Profit margin: 4.4% (up from 4.1% in 1Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 6.9% p.a. on average during the next 2 years, compared to a 10% growth forecast for the Construction industry in China.Reported Earnings • Apr 17First quarter 2024 earnings released: EPS: CN¥0.15 (vs CN¥0.16 in 1Q 2023)First quarter 2024 results: EPS: CN¥0.15. Revenue: CN¥4.90b (down 4.0% from 1Q 2023). Net income: CN¥215.4m (up 3.5% from 1Q 2023). Profit margin: 4.4% (up from 4.1% in 1Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 6.9% p.a. on average during the next 2 years, compared to a 11% growth forecast for the Construction industry in China.Buy Or Sell Opportunity • Apr 15Now 23% overvalued after recent price riseOver the last 90 days, the stock has risen 16% to CN¥6.64. The fair value is estimated to be CN¥5.39, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 19% over the last 3 years, while earnings per share has been flat. Revenue is forecast to grow by 13% in 2 years. Earnings are forecast to grow by 26% in the next 2 years.공시 • Mar 30Sinosteel Engineering & Technology Co., Ltd. to Report Q1, 2024 Results on Apr 30, 2024Sinosteel Engineering & Technology Co., Ltd. announced that they will report Q1, 2024 results on Apr 30, 2024Buy Or Sell Opportunity • Mar 29Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 5.1% to CN¥6.13. The fair value is estimated to be CN¥5.08, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 19% over the last 3 years, while earnings per share has been flat. Revenue is forecast to grow by 14% in 2 years. Earnings are forecast to grow by 27% in the next 2 years.분석 기사 • Mar 27Is Now The Time To Look At Buying Sinosteel Engineering & Technology Co., Ltd. (SZSE:000928)?Sinosteel Engineering & Technology Co., Ltd. ( SZSE:000928 ), might not be a large cap stock, but it saw a double-digit...Buy Or Sell Opportunity • Feb 21Now 25% overvalued after recent price riseOver the last 90 days, the stock has risen 4.2% to CN¥6.50. The fair value is estimated to be CN¥5.20, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 19% over the last 3 years, while earnings per share has been flat. Revenue is forecast to grow by 14% in 2 years. Earnings are forecast to grow by 27% in the next 2 years.Valuation Update With 7 Day Price Move • Jan 26Investor sentiment improves as stock rises 19%After last week's 19% share price gain to CN¥6.58, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 11x in the Construction industry in China. Total returns to shareholders of 52% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥4.80 per share.Buy Or Sell Opportunity • Jan 25Now 30% overvaluedThe stock has been flat over the last 90 days, currently trading at CN¥6.25. The fair value is estimated to be CN¥4.80, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 19% over the last 3 years, while earnings per share has been flat. Revenue is forecast to grow by 14% in 2 years. Earnings are forecast to grow by 27% in the next 2 years.Reported Earnings • Jan 17Full year 2023 earnings released: EPS: CN¥0.60 (vs CN¥0.49 in FY 2022)Full year 2023 results: EPS: CN¥0.60 (up from CN¥0.49 in FY 2022). Revenue: CN¥26.4b (up 41% from FY 2022). Net income: CN¥785.7m (up 25% from FY 2022). Profit margin: 3.0% (down from 3.4% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.8% p.a. on average during the next 2 years, compared to a 14% growth forecast for the Construction industry in China. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 9% per year, which means it is well ahead of earnings.공시 • Dec 30Sinosteel Engineering & Technology Co., Ltd. to Report Fiscal Year 2023 Results on Apr 30, 2024Sinosteel Engineering & Technology Co., Ltd. announced that they will report fiscal year 2023 results on Apr 30, 2024New Risk • Dec 03New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 12% 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: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Shareholders have been diluted in the past year (12% increase in shares outstanding).Reported Earnings • Nov 01Third quarter 2023 earnings released: EPS: CN¥0.12 (vs CN¥0.12 in 3Q 2022)Third quarter 2023 results: EPS: CN¥0.12 (down from CN¥0.12 in 3Q 2022). Revenue: CN¥6.47b (up 30% from 3Q 2022). Net income: CN¥148.4m (down 1.5% from 3Q 2022). Profit margin: 2.3% (down from 3.0% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Construction 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 16% per year, which means it is tracking significantly ahead of earnings growth.Price Target Changed • Oct 31Price target decreased by 9.0% to CN¥12.20Down from CN¥13.41, the current price target is an average from 3 analysts. New target price is 98% above last closing price of CN¥6.17. Stock is up 11% over the past year. The company is forecast to post earnings per share of CN¥0.90 for next year compared to CN¥0.49 last year.Valuation Update With 7 Day Price Move • Oct 13Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to CN¥6.74, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 12x in the Construction industry in China. Total returns to shareholders of 79% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥4.46 per share.공시 • Sep 30Sinosteel Engineering & Technology Co., Ltd. to Report Q3, 2023 Results on Oct 31, 2023Sinosteel Engineering & Technology Co., Ltd. announced that they will report Q3, 2023 results on Oct 31, 2023Reported Earnings • Aug 24Second quarter 2023 earnings released: EPS: CN¥0.10 (vs CN¥0.11 in 2Q 2022)Second quarter 2023 results: EPS: CN¥0.10 (down from CN¥0.11 in 2Q 2022). Revenue: CN¥5.58b (up 22% from 2Q 2022). Net income: CN¥134.7m (down 1.1% from 2Q 2022). Profit margin: 2.4% (down from 3.0% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Construction industry in China. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has increased by 24% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • Aug 24Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to CN¥8.33, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 13x in the Construction industry in China. Total returns to shareholders of 110% over the past three years.Valuation Update With 7 Day Price Move • Jul 03Investor sentiment improves as stock rises 19%After last week's 19% share price gain to CN¥10.62, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 13x in the Construction industry in China. Total returns to shareholders of 170% over the past three years.공시 • Jun 01Sinosteel Engineering & Technology Co., Ltd. Announces Final Profit Distribution on (A Shares) 2022, Payable on 06 June 2023Sinosteel Engineering & Technology Co., Ltd. 2022 final profit distribution plan to be implemented on (A shares) of Cash dividend/10 shares (tax included) of CNY 2.45061300. Record date is 05 June 2023. Ex-date is 06 June 2023.Payment date is 06 June 2023.공시 • May 23Sinosteel Engineering & Technology Co., Ltd. Approves Cash Dividend for 2022Sinosteel Engineering & Technology Co., Ltd. approved final cash dividend of CNY 2.47000000 per 10 shares (tax included) for 2022, at its Annual General Meeting of 2022 on 19 May 2023.Valuation Update With 7 Day Price Move • May 08Investor sentiment improves as stock rises 25%After last week's 25% share price gain to CN¥11.07, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 13x in the Construction industry in China. Total returns to shareholders of 186% over the past three years.공시 • May 06+ 1 more updateSinosteel Engineering & Technology Co., Ltd., Annual General Meeting, May 19, 2023Sinosteel Engineering & Technology Co., Ltd., Annual General Meeting, May 19, 2023, at 14:00 China Standard Time. Agenda: To consider 2022 annual report; to consider 2022 work report of the board of directors; to consider 2022 work report of the supervisory committee; to consider 2022 internal control evaluation report; to consider 2022 annual accounts; to consider 2022 profit distribution plan for the second half of the year; and to consider 2022 special report on the deposit and use of raised funds.Reported Earnings • Apr 29First quarter 2023 earnings released: EPS: CN¥0.16 (vs CN¥0.10 in 1Q 2022)First quarter 2023 results: EPS: CN¥0.16 (up from CN¥0.10 in 1Q 2022). Revenue: CN¥5.11b (up 68% from 1Q 2022). Net income: CN¥208.1m (up 62% from 1Q 2022). Profit margin: 4.1% (down from 4.2% in 1Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 6.8% p.a. on average during the next 2 years, compared to a 11% growth forecast for the Construction industry in China. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has increased by 29% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • Apr 14Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CN¥8.75, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 13x in the Construction industry in China. Total returns to shareholders of 136% over the past three years.Valuation Update With 7 Day Price Move • Mar 06Investor sentiment improves as stock rises 15%After last week's 15% share price gain to CN¥8.20, the stock trades at a forward P/E ratio of 3x. Average forward P/E is 10x in the Construction industry in China. Total returns to shareholders of 86% over the past three years.Valuation Update With 7 Day Price Move • Feb 02Investor sentiment improves as stock rises 19%After last week's 19% share price gain to CN¥7.33, the stock trades at a forward P/E ratio of 3x. Average forward P/E is 10x in the Construction industry in China. Total returns to shareholders of 80% over the past three years.공시 • Oct 14Sinosteel Engineering & Technology Co., Ltd. Announces Interim Dividend on Share A for 2022, Payable on October 19, 2022Sinosteel Engineering & Technology Co., Ltd. announced interim Cash dividend/10 shares (tax included): CNY 1.01999600 on share A for 2022. Record date: 18 October 2022, Ex-date: 19 October 2022 and Payment date: 19 October 2022.공시 • Sep 17Sinosteel Engineering & Technology Co., Ltd. Approves Interim Dividend for the Year 2022Sinosteel Engineering & Technology Co., Ltd. approved at it EGM held on 15 September 2022 interim Cash dividend/10 shares (tax included) of CNY 1.02000000 for the year.공시 • Aug 31Sinosteel Engineering & Technology Co., Ltd. Proposes Profit Distribution for the First Half of 2022Sinosteel Engineering & Technology Co., Ltd. announced on 30 August 2022 the profit distribution of CNY1.02000000/10 shares (tax included) proposal for the first half of 2022.Reported Earnings • Aug 31Second quarter 2022 earnings released: EPS: CN¥0.11 (vs CN¥0.19 in 2Q 2021)Second quarter 2022 results: EPS: CN¥0.11 (down from CN¥0.19 in 2Q 2021). Revenue: CN¥4.59b (up 23% from 2Q 2021). Net income: CN¥136.2m (down 44% from 2Q 2021). Profit margin: 3.0% (down from 6.6% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 6.4%, compared to a 21% growth forecast for the Construction industry in China. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Aug 16Investor sentiment improved over the past weekAfter last week's 18% share price gain to CN¥6.73, the stock trades at a forward P/E ratio of 5x. Average forward P/E is 10x in the Construction industry in China. Total returns to shareholders of 38% over the past three years.공시 • May 14Sinosteel Engineering & Technology Co., Ltd. Announces Cash Dividend of A Shares for the Year 2021, Payable on May 20, 2022Sinosteel Engineering & Technology Co., Ltd. announced cash dividend/10 shares (tax included) of CNY 1.51968300 of A shares for the year 2021. Record date is May 19, 2022. Ex-date is May 20, 2022. Payment date is May 20, 2022.공시 • Mar 31Sinosteel Engineering & Technology Co., Ltd., Annual General Meeting, Apr 15, 2022Sinosteel Engineering & Technology Co., Ltd., Annual General Meeting, Apr 15, 2022, at 14:00 China Standard Time. Agenda: To consider 2021 annual report; to consider 2021 work report of the board of directors; to consider 2021 work report of the supervisory committee; to consider 2021 work report of independent directors; to consider 2021 internal control evaluation report; to consider 2021 annual accounts; to consider appointment of 2022 audit firm; and to consider the other matters.공시 • Mar 29Sinosteel Engineering & Technology Co., Ltd. Proposes Final Cash Dividend for 2021Sinosteel Engineering & Technology Co., Ltd. proposed final cash dividend (tax included) of CNY 1.52000000 per ten shares for 2021.Reported Earnings • Mar 28Full year 2021 earnings: EPS misses analyst expectationsFull year 2021 results: EPS: CN¥0.51 (up from CN¥0.48 in FY 2020). Revenue: CN¥15.9b (up 7.0% from FY 2020). Net income: CN¥648.9m (up 7.8% from FY 2020). Profit margin: 4.1% (in line with FY 2020). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 5.1%. Over the next year, revenue is forecast to grow 19%, compared to a 15% growth forecast for the 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 remained flat, which means it is significantly lagging earnings.Reported Earnings • Oct 27Third quarter 2021 earnings released: EPS CN¥0.12 (vs CN¥0.062 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: CN¥3.80b (up 23% from 3Q 2020). Net income: CN¥149.4m (up 93% from 3Q 2020). Profit margin: 3.9% (up from 2.5% in 3Q 2020). Over the last 3 years on average, earnings per share has increased by 22% per year and the company’s share price has also increased by 22% per year.Valuation Update With 7 Day Price Move • Sep 29Investor sentiment deteriorated over the past weekAfter last week's 22% share price decline to CN¥8.03, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 10x in the Construction industry in China. Total returns to shareholders of 76% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥6.46 per share.Upcoming Dividend • Sep 17Upcoming dividend of CN¥0.10 per shareEligible shareholders must have bought the stock before 24 September 2021. Payment date: 24 September 2021. Trailing yield: 2.0%. Within top quartile of Chinese dividend payers (1.8%). Lower than average of industry peers (2.4%).Reported Earnings • Aug 26Second quarter 2021 earnings released: EPS CN¥0.19 (vs CN¥0.17 in 2Q 2020)The company reported a decent second quarter result with improved earnings and profit margins, although revenues were weaker. Second quarter 2021 results: Revenue: CN¥3.73b (down 6.4% from 2Q 2020). Net income: CN¥244.1m (up 16% from 2Q 2020). Profit margin: 6.6% (up from 5.3% in 2Q 2020). 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 28% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • Jul 29Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to CN¥9.00, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 7x in the Construction industry in China. Total returns to shareholders of 92% over the past three years.Valuation Update With 7 Day Price Move • Jul 15Investor sentiment improved over the past weekAfter last week's 15% share price gain to CN¥10.86, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 8x in the Construction industry in China. Total returns to shareholders of 121% over the past three years.Valuation Update With 7 Day Price Move • Apr 28Investor sentiment improved over the past weekAfter last week's 21% share price gain to CN¥9.50, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 8x in the Construction industry in China. Total returns to shareholders of 98% over the past three years.공시 • Apr 28Sinosteel Engineering & Technology Co., Ltd. Announces Cash Dividend of A Shares for the Year 2020, Payment Date Is 30 April 2021Sinosteel Engineering & Technology Co., Ltd. announced cash dividend/10 shares (tax included) of CNY 1.4400000 of A shares for the year 2020. Record date is 29 April 2021. Ex-date is 30 April 2021. Payment date 30 April 2021.Valuation Update With 7 Day Price Move • Apr 09Investor sentiment improved over the past weekAfter last week's 27% share price gain to CN¥8.55, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 9x in the Construction industry in China. Total returns to shareholders of 73% over the past three years.Reported Earnings • Mar 26Full year 2020 earnings released: EPS CN¥0.48 (vs CN¥0.43 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: CN¥14.8b (up 11% from FY 2019). Net income: CN¥602.0m (up 13% from FY 2019). Profit margin: 4.1% (up from 4.0% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 9% per year whereas the company’s share price has increased by 5% per year.Valuation Update With 7 Day Price Move • Mar 24Investor sentiment improved over the past weekAfter last week's 25% share price gain to CN¥7.40, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 10x in the Construction industry in China. Total returns to shareholders of 49% over the past three years.Valuation Update With 7 Day Price Move • Feb 22Investor sentiment improved over the past weekAfter last week's 15% share price gain to CN¥4.98, the stock is trading at a trailing P/E ratio of 10.5x, up from the previous P/E ratio of 9.1x. This compares to an average P/E of 18x in the Construction industry in China. Total return to shareholders over the past three years is a loss of 13%.Is New 90 Day High Low • Feb 22New 90-day high: CN¥4.98The company is up 15% from its price of CN¥4.33 on 24 November 2020. The Chinese market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Construction industry, which is down 8.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥1.63 per share.이익 및 매출 성장 예측SZSE:000928 - 애널리스트 향후 추정치 및 과거 재무 데이터 (CNY Millions)날짜매출이익자유현금흐름영업현금흐름평균 애널리스트 수12/31/202815,344735N/A1,374112/31/202714,910704N/A1,101112/31/202614,462667N/A1,23113/31/202613,2754532,5932,625N/A12/31/202513,9144851,2631,292N/A9/30/202514,2197514,2614,278N/A6/30/202515,318840133149N/A3/31/202516,2648522,6472,661N/A12/31/202417,6478351,4901,504N/A9/30/202421,820911-1,662-1,649N/A6/30/202424,757838625637N/A3/31/202426,169768-541-531N/A12/31/202326,3777611,3581,368N/A9/30/202323,2717072,7072,724N/A6/30/202321,7687091,8271,844N/A3/31/202320,7777111,8461,864N/A1/1/202318,7186321,1391,162N/A9/30/202218,169548564578N/A6/30/202217,008547414436N/A3/31/202216,1406551,1411,166N/A1/1/202215,862649581604N/A9/30/202116,025821-184-157N/A6/30/202115,305749737758N/A3/31/202115,559716132149N/A12/31/202014,8276021,5181,531N/A9/30/202013,558521110127N/A6/30/202013,3594877088N/A3/31/202013,131380-342-318N/A12/31/201913,414535N/A773N/A9/30/201912,803461N/A888N/A6/30/201911,562462N/A975N/A3/31/20199,282502N/A1,437N/A12/31/20188,367431N/A1,231N/A9/30/20187,728390N/A580N/A6/30/20187,333417N/A625N/A3/31/20187,912424N/A658N/A12/31/20178,046432N/A818N/A9/30/20178,361467N/A-2N/A6/30/20179,056533N/A205N/A3/31/20179,463513N/A-509N/A12/31/20169,448513N/A-1,398N/A9/30/20168,583473N/A-240N/A6/30/20168,609456N/A-840N/A3/31/20169,627493N/A-138N/A12/31/20159,769472N/A486N/A9/30/20159,883479N/A43N/A6/30/201510,839432N/A696N/A더 보기애널리스트 향후 성장 전망수입 대 저축률: 000928 의 연간 예상 수익 증가율(14.3%)이 saving rate(2.4%)보다 높습니다.수익 vs 시장: 000928 의 연간 수익(14.3%)이 CN 시장(26.8%)보다 느리게 성장할 것으로 예상됩니다.고성장 수익: 000928 의 수입은 증가할 것으로 예상되지만 상당히 증가하지는 않을 것입니다.수익 대 시장: 000928 의 수익(연간 4.8%)이 CN 시장(연간 16.3%)보다 느리게 성장할 것으로 예상됩니다.고성장 매출: 000928 의 수익(연간 4.8%)은 연간 20%보다 느리게 증가할 것으로 예상됩니다.주당순이익 성장 예측향후 자기자본이익률미래 ROE: 000928의 자본 수익률은 3년 후 8%로 낮을 것으로 예상됩니다.성장 기업 찾아보기7D1Y7D1Y7D1YCapital-goods 산업의 고성장 기업.View Past Performance기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/06/11 13:29종가2026/06/11 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 소스Sinosteel Engineering & Technology Co., Ltd.는 6명의 분석가가 다루고 있습니다. 이 중 1명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Tian Guang LongChina Galaxy Securities Co., Ltd.Mingxin SunCitic Securities Co., Ltd.Yanhe FangHuatai Research3명의 분석가 더 보기
Major Estimate Revision • Nov 20Consensus revenue estimates fall by 15%The consensus outlook for revenues in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from CN¥17.3b to CN¥14.8b. EPS estimate fell from CN¥0.608 to CN¥0.56 per share. Net income forecast to grow 19% next year vs 24% growth forecast for Construction industry in China. Consensus price target down from CN¥8.90 to CN¥8.51. Share price fell 3.1% to CN¥6.35 over the past week.
Price Target Changed • Aug 27Price target increased by 7.4% to CN¥8.90Up from CN¥8.29, the current price target is an average from 2 analysts. New target price is 36% above last closing price of CN¥6.55. Stock is up 22% over the past year. The company is forecast to post earnings per share of CN¥0.63 for next year compared to CN¥0.58 last year.
Major Estimate Revision • Apr 30Consensus revenue estimates fall by 38%The consensus outlook for revenues in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from CN¥28.7b to CN¥17.9b. EPS estimate fell from CN¥0.67 to CN¥0.64 per share. Net income forecast to grow 11% next year vs 13% growth forecast for Construction industry in China. Consensus price target broadly unchanged at CN¥8.29. Share price was steady at CN¥6.45 over the past week.
Price Target Changed • Dec 19Price target decreased by 13% to CN¥8.82Down from CN¥10.11, the current price target is provided by 1 analyst. New target price is 33% above last closing price of CN¥6.65. Stock is up 14% over the past year. The company is forecast to post earnings per share of CN¥0.61 for next year compared to CN¥0.58 last year.
Price Target Changed • May 16Price target increased by 16% to CN¥9.59Up from CN¥8.31, the current price target is an average from 3 analysts. New target price is 40% above last closing price of CN¥6.84. Stock is down 27% over the past year. The company is forecast to post earnings per share of CN¥0.63 for next year compared to CN¥0.58 last year.
Price Target Changed • Oct 31Price target decreased by 9.0% to CN¥12.20Down from CN¥13.41, the current price target is an average from 3 analysts. New target price is 98% above last closing price of CN¥6.17. Stock is up 11% over the past year. The company is forecast to post earnings per share of CN¥0.90 for next year compared to CN¥0.49 last year.
Declared Dividend • Jun 01Dividend reduced to CN¥0.21Dividend of CN¥0.21 is 30% lower than last year. Ex-date: 5th June 2026 Payment date: 5th June 2026 Dividend yield will be 3.6%, which is higher than the industry average of 3.4%. Sustainability & Growth Dividend is covered by both earnings (67% earnings payout ratio) and cash flows (12% cash payout ratio). The dividend has increased by an average of 25% per year over the past 9 years. However, payments have been volatile during that time. EPS is expected to grow by 48% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
공시 • May 30Sinosteel Engineering & Technology Co., Ltd. Announces Final Cash Dividend on A Shares for the Year 2025, Payable on 05 June 2026Sinosteel Engineering & Technology Co., Ltd. announced final cash dividend of CNY 2.10 per 10 shares (tax included) on A shares for the year 2025. Record date: 04 June 2026, Ex-date: 05 June 2026 and Payment date: 05 June 2026.
New Risk • May 20New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 3.4% Last year net profit margin: 5.2% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (3.4% net profit margin).
New Risk • Apr 29New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 3.4% Last year net profit margin: 5.2% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (3.4% net profit margin).
Reported Earnings • Apr 28Full year 2025 earnings: EPS and revenues miss analyst expectationsFull year 2025 results: EPS: CN¥0.34 (down from CN¥0.58 in FY 2024). Revenue: CN¥13.9b (down 21% from FY 2024). Net income: CN¥485.2m (down 42% from FY 2024). Profit margin: 3.5% (down from 4.7% in FY 2024). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 6.1%. Earnings per share (EPS) also missed analyst estimates by 40%. Revenue is forecast to grow 7.3% p.a. on average during the next 2 years, compared to a 7.1% growth forecast for the Construction industry in China. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has fallen by 10% per year, which means it is performing significantly worse than earnings.
공시 • Apr 28Sinosteel Engineering & Technology Co., Ltd., Annual General Meeting, May 18, 2026Sinosteel Engineering & Technology Co., Ltd., Annual General Meeting, May 18, 2026, at 14:00 China Standard Time. Location: The Company's Meeting Room, Beijing China
공시 • Mar 31Sinosteel Engineering & Technology Co., Ltd. to Report Q1, 2026 Results on Apr 28, 2026Sinosteel Engineering & Technology Co., Ltd. announced that they will report Q1, 2026 results on Apr 28, 2026
공시 • Dec 31Sinosteel Engineering & Technology Co., Ltd. to Report Fiscal Year 2025 Results on Apr 28, 2026Sinosteel Engineering & Technology Co., Ltd. announced that they will report fiscal year 2025 results on Apr 28, 2026
Board Change • Dec 12High number of new and inexperienced directorsThere are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. 3 experienced directors. No highly experienced directors. Supervisor Lichao Yan is the most experienced director on the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.
Major Estimate Revision • Nov 20Consensus revenue estimates fall by 15%The consensus outlook for revenues in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from CN¥17.3b to CN¥14.8b. EPS estimate fell from CN¥0.608 to CN¥0.56 per share. Net income forecast to grow 19% next year vs 24% growth forecast for Construction industry in China. Consensus price target down from CN¥8.90 to CN¥8.51. Share price fell 3.1% to CN¥6.35 over the past week.
Reported Earnings • Oct 30Third quarter 2025 earnings released: EPS: CN¥0.092 (vs CN¥0.15 in 3Q 2024)Third quarter 2025 results: EPS: CN¥0.092 (down from CN¥0.15 in 3Q 2024). Revenue: CN¥2.43b (down 31% from 3Q 2024). Net income: CN¥131.3m (down 41% from 3Q 2024). Profit margin: 5.4% (down from 6.2% in 3Q 2024). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 7.7% growth forecast for the Construction industry in China. Over the last 3 years on average, earnings per share has increased by 6% per year whereas the company’s share price has increased by 5% per year.
공시 • Sep 30Sinosteel Engineering & Technology Co., Ltd. to Report Q3, 2025 Results on Oct 30, 2025Sinosteel Engineering & Technology Co., Ltd. announced that they will report Q3, 2025 results on Oct 30, 2025
New Risk • Aug 28New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 34% 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 (34% accrual ratio). Minor Risk Dividend is not well covered by cash flows (322% cash payout ratio).
Reported Earnings • Aug 28Second quarter 2025 earnings released: EPS: CN¥0.13 (vs CN¥0.14 in 2Q 2024)Second quarter 2025 results: EPS: CN¥0.13 (down from CN¥0.14 in 2Q 2024). Revenue: CN¥3.23b (down 23% from 2Q 2024). Net income: CN¥192.8m (down 5.9% from 2Q 2024). Profit margin: 6.0% (up from 4.9% in 2Q 2024). The increase in margin was driven by lower expenses. Revenue is forecast to grow 8.5% p.a. on average during the next 3 years, compared to a 6.9% growth forecast for the Construction 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 only increased by 3% per year, which means it is significantly lagging earnings growth.
Price Target Changed • Aug 27Price target increased by 7.4% to CN¥8.90Up from CN¥8.29, the current price target is an average from 2 analysts. New target price is 36% above last closing price of CN¥6.55. Stock is up 22% over the past year. The company is forecast to post earnings per share of CN¥0.63 for next year compared to CN¥0.58 last year.
공시 • Jul 02Sinosteel Engineering & Technology Co., Ltd. to Report First Half, 2025 Results on Aug 26, 2025Sinosteel Engineering & Technology Co., Ltd. announced that they will report first half, 2025 results on Aug 26, 2025
Declared Dividend • Jun 09Dividend increased to CN¥0.30Dividend of CN¥0.30 is 12% higher than last year. Ex-date: 13th June 2025 Payment date: 13th June 2025 Dividend yield will be 4.5%, which is higher than the industry average of 3.4%. Sustainability & Growth Dividend is covered by both earnings (50% earnings payout ratio) and cash flows (16% cash payout ratio). The dividend has increased by an average of 35% per year over the past 8 years. However, payments have been volatile during that time. EPS is expected to grow by 26% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
공시 • May 17Sinosteel Engineering & Technology Co., Ltd. Approves Cash Dividend for 2024Sinosteel Engineering & Technology Co., Ltd. at its Annual General Meeting held on 15 May 2025 approved cash dividend of CNY 2.99000000 per 10 shares (tax included) for 2024.
Major Estimate Revision • Apr 30Consensus revenue estimates fall by 38%The consensus outlook for revenues in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from CN¥28.7b to CN¥17.9b. EPS estimate fell from CN¥0.67 to CN¥0.64 per share. Net income forecast to grow 11% next year vs 13% growth forecast for Construction industry in China. Consensus price target broadly unchanged at CN¥8.29. Share price was steady at CN¥6.45 over the past week.
공시 • Apr 25Sinosteel Engineering & Technology Co., Ltd. Proposes Final Cash Dividend for 2024Sinosteel Engineering & Technology Co., Ltd. proposed final cash dividend of CNY 2.99000000 per 10 shares (tax included) for 2024.
Reported Earnings • Apr 24First quarter 2025 earnings released: EPS: CN¥0.16 (vs CN¥0.15 in 1Q 2024)First quarter 2025 results: EPS: CN¥0.16 (up from CN¥0.15 in 1Q 2024). Revenue: CN¥3.52b (down 28% from 1Q 2024). Net income: CN¥231.6m (up 7.8% from 1Q 2024). Profit margin: 6.6% (up from 4.4% in 1Q 2024). The increase in margin was driven by lower expenses. Revenue is forecast to grow 29% p.a. on average during the next 2 years, compared to a 7.3% growth forecast for the Construction industry in China. Over the last 3 years on average, earnings per share has increased by 10% per year whereas the company’s share price has increased by 5% per year.
공시 • Apr 24Sinosteel Engineering & Technology Co., Ltd., Annual General Meeting, May 15, 2025Sinosteel Engineering & Technology Co., Ltd., Annual General Meeting, May 15, 2025, at 14:30 China Standard Time. Location: No. 8, Haidian Avenue, Haidian District, Beijing China
Board Change • Apr 12Less than half of directors are independentThere are 3 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 3 new directors. 1 experienced director. No highly experienced directors. 1 independent director (2 non-independent directors). Independent Director Tianyi Wang is the most experienced director on the board, commencing their role in 2020. They were also the last independent director to join the board. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of experienced directors.
공시 • Mar 31Sinosteel Engineering & Technology Co., Ltd. to Report Q1, 2025 Results on Apr 24, 2025Sinosteel Engineering & Technology Co., Ltd. announced that they will report Q1, 2025 results on Apr 24, 2025
분석 기사 • Mar 28We Think Sinosteel Engineering & Technology (SZSE:000928) Can Stay On Top Of Its DebtThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Valuation Update With 7 Day Price Move • Feb 24Investor sentiment improves as stock rises 17%After last week's 17% share price gain to CN¥7.29, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 12x in the Construction industry in China. Total returns to shareholders of 11% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥6.26 per share.
분석 기사 • Feb 19Is Now The Time To Look At Buying Sinosteel Engineering & Technology Co., Ltd. (SZSE:000928)?While Sinosteel Engineering & Technology Co., Ltd. ( SZSE:000928 ) might not have the largest market cap around , it...
분석 기사 • Jan 02Estimating The Intrinsic Value Of Sinosteel Engineering & Technology Co., Ltd. (SZSE:000928)Key Insights The projected fair value for Sinosteel Engineering & Technology is CN¥6.66 based on Dividend Discount...
공시 • Dec 31Sinosteel Engineering & Technology Co., Ltd. to Report Fiscal Year 2024 Results on Apr 24, 2025Sinosteel Engineering & Technology Co., Ltd. announced that they will report fiscal year 2024 results on Apr 24, 2025
Price Target Changed • Dec 19Price target decreased by 13% to CN¥8.82Down from CN¥10.11, the current price target is provided by 1 analyst. New target price is 33% above last closing price of CN¥6.65. Stock is up 14% over the past year. The company is forecast to post earnings per share of CN¥0.61 for next year compared to CN¥0.58 last year.
분석 기사 • Nov 25Sinosteel Engineering & Technology (SZSE:000928) Has A Pretty Healthy Balance SheetDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
분석 기사 • Nov 11Sinosteel Engineering & Technology's (SZSE:000928) Profits May Not Reveal Underlying IssuesSinosteel Engineering & Technology Co., Ltd.'s ( SZSE:000928 ) healthy profit numbers didn't contain any surprises for...
New Risk • Oct 31New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 190% 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 (190% accrual ratio). Minor Risk Paying a dividend despite having no free cash flows.
Reported Earnings • Oct 31Third quarter 2024 earnings released: EPS: CN¥0.15 (vs CN¥0.12 in 3Q 2023)Third quarter 2024 results: EPS: CN¥0.15 (up from CN¥0.12 in 3Q 2023). Revenue: CN¥3.53b (down 45% from 3Q 2023). Net income: CN¥220.6m (up 49% from 3Q 2023). Profit margin: 6.2% (up from 2.3% in 3Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Construction industry in China. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.
공시 • Sep 30Sinosteel Engineering & Technology Co., Ltd. to Report Q3, 2024 Results on Oct 31, 2024Sinosteel Engineering & Technology Co., Ltd. announced that they will report Q3, 2024 results on Oct 31, 2024
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¥6.50, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 11x in the Construction industry in China. Total loss to shareholders of 14% over the past three years.
분석 기사 • Sep 24Sinosteel Engineering & Technology Co., Ltd.'s (SZSE:000928) Earnings Are Not Doing Enough For Some InvestorsWith a price-to-earnings (or "P/E") ratio of 9.5x Sinosteel Engineering & Technology Co., Ltd. ( SZSE:000928 ) may be...
Reported Earnings • Aug 29Second quarter 2024 earnings released: EPS: CN¥0.14 (vs CN¥0.10 in 2Q 2023)Second quarter 2024 results: EPS: CN¥0.14 (up from CN¥0.10 in 2Q 2023). Revenue: CN¥4.17b (down 25% from 2Q 2023). Net income: CN¥204.9m (up 52% from 2Q 2023). Profit margin: 4.9% (up from 2.4% in 2Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 9.8% growth forecast for the Construction 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 fallen by 22% per year, which means it is significantly lagging earnings.
분석 기사 • Jul 17Sinosteel Engineering & Technology (SZSE:000928) Hasn't Managed To Accelerate Its ReturnsIf you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...
Reported Earnings • Jul 17Second quarter 2024 earnings released: EPS: CN¥0.14 (vs CN¥0.10 in 2Q 2023)Second quarter 2024 results: EPS: CN¥0.14 (up from CN¥0.10 in 2Q 2023). Revenue: CN¥4.17b (down 25% from 2Q 2023). Net income: CN¥202.4m (up 50% from 2Q 2023). Profit margin: 4.9% (up from 2.4% in 2Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 10.0% growth forecast for the Construction 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 fallen by 21% per year, which means it is significantly lagging earnings.
공시 • Jun 29Sinosteel Engineering & Technology Co., Ltd. to Report First Half, 2024 Results on Aug 29, 2024Sinosteel Engineering & Technology Co., Ltd. announced that they will report first half, 2024 results on Aug 29, 2024
분석 기사 • Jun 25Sinosteel Engineering & Technology (SZSE:000928) Seems To Use Debt Quite SensiblyHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
분석 기사 • Jun 02Sinosteel Engineering & Technology (SZSE:000928) Is Paying Out A Larger Dividend Than Last YearThe board of Sinosteel Engineering & Technology Co., Ltd. ( SZSE:000928 ) has announced that it will be paying its...
Declared Dividend • Jun 01Dividend of CN¥0.27 announcedShareholders will receive a dividend of CN¥0.27. Ex-date: 6th June 2024 Payment date: 6th June 2024 Dividend yield will be 4.2%, which is higher than the industry average of 3.4%. Sustainability & Growth Dividend is covered by earnings (47% 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 38% per year over the past 7 years. However, payments have been volatile during that time. EPS is expected to grow by 41% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
공시 • May 31Sinosteel Engineering & Technology Co., Ltd. Announces 2023 Final Profit Distribution Plan to Be Implemented (A Shares), Payable on 06 June 2024Sinosteel Engineering & Technology Co., Ltd. announced 2023 final profit distribution plan to be implemented (A shares): Cash dividend/10 shares (tax included): CNY 2.66000000. Record date: 05 June 2024. Ex-date: 06 June 2024. Payment date: 06 June 2024.
분석 기사 • May 27Sinosteel Engineering & Technology Co., Ltd.'s (SZSE:000928) Low P/E No Reason For ExcitementWith a price-to-earnings (or "P/E") ratio of 12x Sinosteel Engineering & Technology Co., Ltd. ( SZSE:000928 ) may be...
Price Target Changed • May 16Price target increased by 16% to CN¥9.59Up from CN¥8.31, the current price target is an average from 3 analysts. New target price is 40% above last closing price of CN¥6.84. Stock is down 27% over the past year. The company is forecast to post earnings per share of CN¥0.63 for next year compared to CN¥0.58 last year.
분석 기사 • May 13There Are Some Holes In Sinosteel Engineering & Technology's (SZSE:000928) Solid Earnings ReleaseShareholders didn't seem to be thrilled with Sinosteel Engineering & Technology Co., Ltd.'s ( SZSE:000928 ) recent...
공시 • May 02Sinosteel Engineering & Technology Co., Ltd. Proposes the Profit Distribution for 2023Sinosteel Engineering & Technology Co., Ltd. announced on 30 April 2024 the profit distribution proposal for 2023 as Cash dividend/10 shares (tax included): CNY 2.66000000.
공시 • May 01Sinosteel Engineering & Technology Co., Ltd., Annual General Meeting, May 20, 2024Sinosteel Engineering & Technology Co., Ltd., Annual General Meeting, May 20, 2024, at 14:30 China Standard Time. Location: No. 8, Haidian Avenue, Haidian District, Beijing China
Reported Earnings • Apr 30First quarter 2024 earnings released: EPS: CN¥0.15 (vs CN¥0.16 in 1Q 2023)First quarter 2024 results: EPS: CN¥0.15. Revenue: CN¥4.90b (down 4.1% from 1Q 2023). Net income: CN¥214.9m (up 3.3% from 1Q 2023). Profit margin: 4.4% (up from 4.1% in 1Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 6.9% p.a. on average during the next 2 years, compared to a 10% growth forecast for the Construction industry in China.
Reported Earnings • Apr 17First quarter 2024 earnings released: EPS: CN¥0.15 (vs CN¥0.16 in 1Q 2023)First quarter 2024 results: EPS: CN¥0.15. Revenue: CN¥4.90b (down 4.0% from 1Q 2023). Net income: CN¥215.4m (up 3.5% from 1Q 2023). Profit margin: 4.4% (up from 4.1% in 1Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 6.9% p.a. on average during the next 2 years, compared to a 11% growth forecast for the Construction industry in China.
Buy Or Sell Opportunity • Apr 15Now 23% overvalued after recent price riseOver the last 90 days, the stock has risen 16% to CN¥6.64. The fair value is estimated to be CN¥5.39, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 19% over the last 3 years, while earnings per share has been flat. Revenue is forecast to grow by 13% in 2 years. Earnings are forecast to grow by 26% in the next 2 years.
공시 • Mar 30Sinosteel Engineering & Technology Co., Ltd. to Report Q1, 2024 Results on Apr 30, 2024Sinosteel Engineering & Technology Co., Ltd. announced that they will report Q1, 2024 results on Apr 30, 2024
Buy Or Sell Opportunity • Mar 29Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 5.1% to CN¥6.13. The fair value is estimated to be CN¥5.08, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 19% over the last 3 years, while earnings per share has been flat. Revenue is forecast to grow by 14% in 2 years. Earnings are forecast to grow by 27% in the next 2 years.
분석 기사 • Mar 27Is Now The Time To Look At Buying Sinosteel Engineering & Technology Co., Ltd. (SZSE:000928)?Sinosteel Engineering & Technology Co., Ltd. ( SZSE:000928 ), might not be a large cap stock, but it saw a double-digit...
Buy Or Sell Opportunity • Feb 21Now 25% overvalued after recent price riseOver the last 90 days, the stock has risen 4.2% to CN¥6.50. The fair value is estimated to be CN¥5.20, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 19% over the last 3 years, while earnings per share has been flat. Revenue is forecast to grow by 14% in 2 years. Earnings are forecast to grow by 27% in the next 2 years.
Valuation Update With 7 Day Price Move • Jan 26Investor sentiment improves as stock rises 19%After last week's 19% share price gain to CN¥6.58, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 11x in the Construction industry in China. Total returns to shareholders of 52% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥4.80 per share.
Buy Or Sell Opportunity • Jan 25Now 30% overvaluedThe stock has been flat over the last 90 days, currently trading at CN¥6.25. The fair value is estimated to be CN¥4.80, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 19% over the last 3 years, while earnings per share has been flat. Revenue is forecast to grow by 14% in 2 years. Earnings are forecast to grow by 27% in the next 2 years.
Reported Earnings • Jan 17Full year 2023 earnings released: EPS: CN¥0.60 (vs CN¥0.49 in FY 2022)Full year 2023 results: EPS: CN¥0.60 (up from CN¥0.49 in FY 2022). Revenue: CN¥26.4b (up 41% from FY 2022). Net income: CN¥785.7m (up 25% from FY 2022). Profit margin: 3.0% (down from 3.4% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.8% p.a. on average during the next 2 years, compared to a 14% growth forecast for the Construction industry in China. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 9% per year, which means it is well ahead of earnings.
공시 • Dec 30Sinosteel Engineering & Technology Co., Ltd. to Report Fiscal Year 2023 Results on Apr 30, 2024Sinosteel Engineering & Technology Co., Ltd. announced that they will report fiscal year 2023 results on Apr 30, 2024
New Risk • Dec 03New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 12% 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: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Shareholders have been diluted in the past year (12% increase in shares outstanding).
Reported Earnings • Nov 01Third quarter 2023 earnings released: EPS: CN¥0.12 (vs CN¥0.12 in 3Q 2022)Third quarter 2023 results: EPS: CN¥0.12 (down from CN¥0.12 in 3Q 2022). Revenue: CN¥6.47b (up 30% from 3Q 2022). Net income: CN¥148.4m (down 1.5% from 3Q 2022). Profit margin: 2.3% (down from 3.0% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Construction 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 16% per year, which means it is tracking significantly ahead of earnings growth.
Price Target Changed • Oct 31Price target decreased by 9.0% to CN¥12.20Down from CN¥13.41, the current price target is an average from 3 analysts. New target price is 98% above last closing price of CN¥6.17. Stock is up 11% over the past year. The company is forecast to post earnings per share of CN¥0.90 for next year compared to CN¥0.49 last year.
Valuation Update With 7 Day Price Move • Oct 13Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to CN¥6.74, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 12x in the Construction industry in China. Total returns to shareholders of 79% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥4.46 per share.
공시 • Sep 30Sinosteel Engineering & Technology Co., Ltd. to Report Q3, 2023 Results on Oct 31, 2023Sinosteel Engineering & Technology Co., Ltd. announced that they will report Q3, 2023 results on Oct 31, 2023
Reported Earnings • Aug 24Second quarter 2023 earnings released: EPS: CN¥0.10 (vs CN¥0.11 in 2Q 2022)Second quarter 2023 results: EPS: CN¥0.10 (down from CN¥0.11 in 2Q 2022). Revenue: CN¥5.58b (up 22% from 2Q 2022). Net income: CN¥134.7m (down 1.1% from 2Q 2022). Profit margin: 2.4% (down from 3.0% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Construction industry in China. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has increased by 24% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • Aug 24Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to CN¥8.33, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 13x in the Construction industry in China. Total returns to shareholders of 110% over the past three years.
Valuation Update With 7 Day Price Move • Jul 03Investor sentiment improves as stock rises 19%After last week's 19% share price gain to CN¥10.62, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 13x in the Construction industry in China. Total returns to shareholders of 170% over the past three years.
공시 • Jun 01Sinosteel Engineering & Technology Co., Ltd. Announces Final Profit Distribution on (A Shares) 2022, Payable on 06 June 2023Sinosteel Engineering & Technology Co., Ltd. 2022 final profit distribution plan to be implemented on (A shares) of Cash dividend/10 shares (tax included) of CNY 2.45061300. Record date is 05 June 2023. Ex-date is 06 June 2023.Payment date is 06 June 2023.
공시 • May 23Sinosteel Engineering & Technology Co., Ltd. Approves Cash Dividend for 2022Sinosteel Engineering & Technology Co., Ltd. approved final cash dividend of CNY 2.47000000 per 10 shares (tax included) for 2022, at its Annual General Meeting of 2022 on 19 May 2023.
Valuation Update With 7 Day Price Move • May 08Investor sentiment improves as stock rises 25%After last week's 25% share price gain to CN¥11.07, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 13x in the Construction industry in China. Total returns to shareholders of 186% over the past three years.
공시 • May 06+ 1 more updateSinosteel Engineering & Technology Co., Ltd., Annual General Meeting, May 19, 2023Sinosteel Engineering & Technology Co., Ltd., Annual General Meeting, May 19, 2023, at 14:00 China Standard Time. Agenda: To consider 2022 annual report; to consider 2022 work report of the board of directors; to consider 2022 work report of the supervisory committee; to consider 2022 internal control evaluation report; to consider 2022 annual accounts; to consider 2022 profit distribution plan for the second half of the year; and to consider 2022 special report on the deposit and use of raised funds.
Reported Earnings • Apr 29First quarter 2023 earnings released: EPS: CN¥0.16 (vs CN¥0.10 in 1Q 2022)First quarter 2023 results: EPS: CN¥0.16 (up from CN¥0.10 in 1Q 2022). Revenue: CN¥5.11b (up 68% from 1Q 2022). Net income: CN¥208.1m (up 62% from 1Q 2022). Profit margin: 4.1% (down from 4.2% in 1Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 6.8% p.a. on average during the next 2 years, compared to a 11% growth forecast for the Construction industry in China. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has increased by 29% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • Apr 14Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CN¥8.75, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 13x in the Construction industry in China. Total returns to shareholders of 136% over the past three years.
Valuation Update With 7 Day Price Move • Mar 06Investor sentiment improves as stock rises 15%After last week's 15% share price gain to CN¥8.20, the stock trades at a forward P/E ratio of 3x. Average forward P/E is 10x in the Construction industry in China. Total returns to shareholders of 86% over the past three years.
Valuation Update With 7 Day Price Move • Feb 02Investor sentiment improves as stock rises 19%After last week's 19% share price gain to CN¥7.33, the stock trades at a forward P/E ratio of 3x. Average forward P/E is 10x in the Construction industry in China. Total returns to shareholders of 80% over the past three years.
공시 • Oct 14Sinosteel Engineering & Technology Co., Ltd. Announces Interim Dividend on Share A for 2022, Payable on October 19, 2022Sinosteel Engineering & Technology Co., Ltd. announced interim Cash dividend/10 shares (tax included): CNY 1.01999600 on share A for 2022. Record date: 18 October 2022, Ex-date: 19 October 2022 and Payment date: 19 October 2022.
공시 • Sep 17Sinosteel Engineering & Technology Co., Ltd. Approves Interim Dividend for the Year 2022Sinosteel Engineering & Technology Co., Ltd. approved at it EGM held on 15 September 2022 interim Cash dividend/10 shares (tax included) of CNY 1.02000000 for the year.
공시 • Aug 31Sinosteel Engineering & Technology Co., Ltd. Proposes Profit Distribution for the First Half of 2022Sinosteel Engineering & Technology Co., Ltd. announced on 30 August 2022 the profit distribution of CNY1.02000000/10 shares (tax included) proposal for the first half of 2022.
Reported Earnings • Aug 31Second quarter 2022 earnings released: EPS: CN¥0.11 (vs CN¥0.19 in 2Q 2021)Second quarter 2022 results: EPS: CN¥0.11 (down from CN¥0.19 in 2Q 2021). Revenue: CN¥4.59b (up 23% from 2Q 2021). Net income: CN¥136.2m (down 44% from 2Q 2021). Profit margin: 3.0% (down from 6.6% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 6.4%, compared to a 21% growth forecast for the Construction industry in China. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Aug 16Investor sentiment improved over the past weekAfter last week's 18% share price gain to CN¥6.73, the stock trades at a forward P/E ratio of 5x. Average forward P/E is 10x in the Construction industry in China. Total returns to shareholders of 38% over the past three years.
공시 • May 14Sinosteel Engineering & Technology Co., Ltd. Announces Cash Dividend of A Shares for the Year 2021, Payable on May 20, 2022Sinosteel Engineering & Technology Co., Ltd. announced cash dividend/10 shares (tax included) of CNY 1.51968300 of A shares for the year 2021. Record date is May 19, 2022. Ex-date is May 20, 2022. Payment date is May 20, 2022.
공시 • Mar 31Sinosteel Engineering & Technology Co., Ltd., Annual General Meeting, Apr 15, 2022Sinosteel Engineering & Technology Co., Ltd., Annual General Meeting, Apr 15, 2022, at 14:00 China Standard Time. Agenda: To consider 2021 annual report; to consider 2021 work report of the board of directors; to consider 2021 work report of the supervisory committee; to consider 2021 work report of independent directors; to consider 2021 internal control evaluation report; to consider 2021 annual accounts; to consider appointment of 2022 audit firm; and to consider the other matters.
공시 • Mar 29Sinosteel Engineering & Technology Co., Ltd. Proposes Final Cash Dividend for 2021Sinosteel Engineering & Technology Co., Ltd. proposed final cash dividend (tax included) of CNY 1.52000000 per ten shares for 2021.
Reported Earnings • Mar 28Full year 2021 earnings: EPS misses analyst expectationsFull year 2021 results: EPS: CN¥0.51 (up from CN¥0.48 in FY 2020). Revenue: CN¥15.9b (up 7.0% from FY 2020). Net income: CN¥648.9m (up 7.8% from FY 2020). Profit margin: 4.1% (in line with FY 2020). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 5.1%. Over the next year, revenue is forecast to grow 19%, compared to a 15% growth forecast for the 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 remained flat, which means it is significantly lagging earnings.
Reported Earnings • Oct 27Third quarter 2021 earnings released: EPS CN¥0.12 (vs CN¥0.062 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: CN¥3.80b (up 23% from 3Q 2020). Net income: CN¥149.4m (up 93% from 3Q 2020). Profit margin: 3.9% (up from 2.5% in 3Q 2020). Over the last 3 years on average, earnings per share has increased by 22% per year and the company’s share price has also increased by 22% per year.
Valuation Update With 7 Day Price Move • Sep 29Investor sentiment deteriorated over the past weekAfter last week's 22% share price decline to CN¥8.03, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 10x in the Construction industry in China. Total returns to shareholders of 76% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥6.46 per share.
Upcoming Dividend • Sep 17Upcoming dividend of CN¥0.10 per shareEligible shareholders must have bought the stock before 24 September 2021. Payment date: 24 September 2021. Trailing yield: 2.0%. Within top quartile of Chinese dividend payers (1.8%). Lower than average of industry peers (2.4%).
Reported Earnings • Aug 26Second quarter 2021 earnings released: EPS CN¥0.19 (vs CN¥0.17 in 2Q 2020)The company reported a decent second quarter result with improved earnings and profit margins, although revenues were weaker. Second quarter 2021 results: Revenue: CN¥3.73b (down 6.4% from 2Q 2020). Net income: CN¥244.1m (up 16% from 2Q 2020). Profit margin: 6.6% (up from 5.3% in 2Q 2020). 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 28% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • Jul 29Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to CN¥9.00, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 7x in the Construction industry in China. Total returns to shareholders of 92% over the past three years.
Valuation Update With 7 Day Price Move • Jul 15Investor sentiment improved over the past weekAfter last week's 15% share price gain to CN¥10.86, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 8x in the Construction industry in China. Total returns to shareholders of 121% over the past three years.
Valuation Update With 7 Day Price Move • Apr 28Investor sentiment improved over the past weekAfter last week's 21% share price gain to CN¥9.50, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 8x in the Construction industry in China. Total returns to shareholders of 98% over the past three years.
공시 • Apr 28Sinosteel Engineering & Technology Co., Ltd. Announces Cash Dividend of A Shares for the Year 2020, Payment Date Is 30 April 2021Sinosteel Engineering & Technology Co., Ltd. announced cash dividend/10 shares (tax included) of CNY 1.4400000 of A shares for the year 2020. Record date is 29 April 2021. Ex-date is 30 April 2021. Payment date 30 April 2021.
Valuation Update With 7 Day Price Move • Apr 09Investor sentiment improved over the past weekAfter last week's 27% share price gain to CN¥8.55, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 9x in the Construction industry in China. Total returns to shareholders of 73% over the past three years.
Reported Earnings • Mar 26Full year 2020 earnings released: EPS CN¥0.48 (vs CN¥0.43 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: CN¥14.8b (up 11% from FY 2019). Net income: CN¥602.0m (up 13% from FY 2019). Profit margin: 4.1% (up from 4.0% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 9% per year whereas the company’s share price has increased by 5% per year.
Valuation Update With 7 Day Price Move • Mar 24Investor sentiment improved over the past weekAfter last week's 25% share price gain to CN¥7.40, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 10x in the Construction industry in China. Total returns to shareholders of 49% over the past three years.
Valuation Update With 7 Day Price Move • Feb 22Investor sentiment improved over the past weekAfter last week's 15% share price gain to CN¥4.98, the stock is trading at a trailing P/E ratio of 10.5x, up from the previous P/E ratio of 9.1x. This compares to an average P/E of 18x in the Construction industry in China. Total return to shareholders over the past three years is a loss of 13%.
Is New 90 Day High Low • Feb 22New 90-day high: CN¥4.98The company is up 15% from its price of CN¥4.33 on 24 November 2020. The Chinese market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Construction industry, which is down 8.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥1.63 per share.