Kexin DevelopmentLtdShanxi (600234) 주식 개요산시성 켁신 개발 유한공사는 미디어 광고, 자가 소유 주택 임대, 건축 장식 엔지니어링 서비스를 제공합니다. 자세히 보기600234 펀더멘털 분석스노우플레이크 점수가치 평가0/6미래 성장0/6과거 실적0/6재무 건전성5/6배당0/6위험 분석지난 5년간 매년 수익이 17.1% 감소했습니다.지난 3개월 동안 주가 변동성이 CN 시장과 비교했을 때 매우 높았습니다.모든 위험 점검 보기600234 Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.Your Fair ValueCN¥Current PriceCN¥28.5814.2k% 고평가 내재 할인율Growth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture-173m1b2016201920222025202620282031Revenue CN¥74.0mEarnings CN¥4.8mAdvancedSet Fair ValueView all narrativesKexin Development Co.,Ltd,Shanxi 경쟁사Guoguang ElectricSymbol: SZSE:002045Market cap: CN¥6.2bShenzhen Aoni ElectronicSymbol: SZSE:301189Market cap: CN¥10.9bMinami AcousticsSymbol: SZSE:301383Market cap: CN¥5.1bSuzhou SONAVOX ElectronicsLtdSymbol: SHSE:688533Market cap: CN¥4.6b가격 이력 및 성과Kexin DevelopmentLtdShanxi 주가의 최고가, 최저가 및 변동 요약과거 주가현재 주가CN¥28.5852주 최고가CN¥32.0252주 최저가CN¥6.74베타1.121개월 변동25.08%3개월 변동104.14%1년 변동317.23%3년 변동367.76%5년 변동141.18%IPO 이후 변동230.32%최근 뉴스 및 업데이트New Risk • May 22New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Chinese stocks, typically moving 10% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (10% average weekly change). Earnings have declined by 17% per year over the past 5 years.공시 • May 19Kexin Development Co.,Ltd,Shanxi, Annual General Meeting, Jun 16, 2026Kexin Development Co.,Ltd,Shanxi, Annual General Meeting, Jun 16, 2026, at 14:30 China Standard Time. Location: The Company's Meeting Room, Shenzhen, Guangdong ChinaReported Earnings • Apr 29Full year 2025 earnings released: CN¥0.07 loss per share (vs CN¥0.15 profit in FY 2024)Full year 2025 results: CN¥0.07 loss per share (down from CN¥0.15 profit in FY 2024). Revenue: CN¥384.0m (up 2.5% from FY 2024). Net loss: CN¥17.2m (down 143% from profit in FY 2024). Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has increased by 57% per year, which means it is tracking significantly ahead of earnings growth.New Risk • Apr 20New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 8.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company.Valuation Update With 7 Day Price Move • Apr 14Investor sentiment improves as stock rises 21%After last week's 21% share price gain to CN¥17.62, the stock trades at a trailing P/E ratio of 77.6x. Average trailing P/E is 30x in the Consumer Durables industry in China. Total returns to shareholders of 183% over the past three years.공시 • Mar 30Kexin Development Co.,Ltd,Shanxi to Report Q1, 2026 Results on Apr 29, 2026Kexin Development Co.,Ltd,Shanxi announced that they will report Q1, 2026 results on Apr 29, 2026더 많은 업데이트 보기Recent updatesNew Risk • May 22New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Chinese stocks, typically moving 10% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (10% average weekly change). Earnings have declined by 17% per year over the past 5 years.공시 • May 19Kexin Development Co.,Ltd,Shanxi, Annual General Meeting, Jun 16, 2026Kexin Development Co.,Ltd,Shanxi, Annual General Meeting, Jun 16, 2026, at 14:30 China Standard Time. Location: The Company's Meeting Room, Shenzhen, Guangdong ChinaReported Earnings • Apr 29Full year 2025 earnings released: CN¥0.07 loss per share (vs CN¥0.15 profit in FY 2024)Full year 2025 results: CN¥0.07 loss per share (down from CN¥0.15 profit in FY 2024). Revenue: CN¥384.0m (up 2.5% from FY 2024). Net loss: CN¥17.2m (down 143% from profit in FY 2024). Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has increased by 57% per year, which means it is tracking significantly ahead of earnings growth.New Risk • Apr 20New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 8.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company.Valuation Update With 7 Day Price Move • Apr 14Investor sentiment improves as stock rises 21%After last week's 21% share price gain to CN¥17.62, the stock trades at a trailing P/E ratio of 77.6x. Average trailing P/E is 30x in the Consumer Durables industry in China. Total returns to shareholders of 183% over the past three years.공시 • Mar 30Kexin Development Co.,Ltd,Shanxi to Report Q1, 2026 Results on Apr 29, 2026Kexin Development Co.,Ltd,Shanxi announced that they will report Q1, 2026 results on Apr 29, 2026Valuation Update With 7 Day Price Move • Mar 30Investor sentiment improves as stock rises 20%After last week's 20% share price gain to CN¥15.50, the stock trades at a trailing P/E ratio of 68.3x. Average trailing P/E is 30x in the Consumer Durables industry in China. Total returns to shareholders of 100% over the past three years.공시 • Dec 26Kexin Development Co.,Ltd,Shanxi to Report Fiscal Year 2025 Results on Apr 29, 2026Kexin Development Co.,Ltd,Shanxi announced that they will report fiscal year 2025 results on Apr 29, 2026New Risk • Dec 17New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Chinese stocks, typically moving 9.1% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. This is currently the only risk that has been identified for the company.Valuation Update With 7 Day Price Move • Dec 17Investor sentiment improves as stock rises 19%After last week's 19% share price gain to CN¥13.81, the stock trades at a trailing P/E ratio of 60.8x. Average trailing P/E is 29x in the Consumer Durables industry in China. Total returns to shareholders of 93% over the past three years.Reported Earnings • Oct 31Third quarter 2025 earnings released: EPS: CN¥0.031 (vs CN¥0.071 in 3Q 2024)Third quarter 2025 results: EPS: CN¥0.031 (down from CN¥0.071 in 3Q 2024). Revenue: CN¥133.5m (up 5.5% from 3Q 2024). Net income: CN¥8.20m (down 56% from 3Q 2024). Profit margin: 6.1% (down from 15% in 3Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth.New Risk • Oct 17New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 7.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company.Valuation Update With 7 Day Price Move • Oct 13Investor sentiment improves as stock rises 25%After last week's 25% share price gain to CN¥11.45, the stock trades at a trailing P/E ratio of 43x. Average trailing P/E is 35x in the Consumer Durables industry in China. Total returns to shareholders of 48% over the past three years.공시 • Sep 30Kexin Development Co.,Ltd,Shanxi to Report Q3, 2025 Results on Oct 31, 2025Kexin Development Co.,Ltd,Shanxi announced that they will report Q3, 2025 results on Oct 31, 2025Reported Earnings • Aug 31Second quarter 2025 earnings released: EPS: CN¥0.081 (vs CN¥0.001 in 2Q 2024)Second quarter 2025 results: EPS: CN¥0.081 (up from CN¥0.001 in 2Q 2024). Revenue: CN¥77.5m (up 187% from 2Q 2024). Net income: CN¥21.2m (up CN¥20.9m from 2Q 2024). Profit margin: 27% (up from 1.1% in 2Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 2% per year whereas the company’s share price has increased by 1% per year.Valuation Update With 7 Day Price Move • Jul 28Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CN¥9.32, the stock trades at a trailing P/E ratio of 49.9x. Average trailing P/E is 28x in the Consumer Durables industry in China. Total loss to shareholders of 7.0% over the past three years.New Risk • Jul 09New 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 6.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company.공시 • Jun 30Kexin Development Co.,Ltd,Shanxi to Report First Half, 2025 Results on Aug 29, 2025Kexin Development Co.,Ltd,Shanxi announced that they will report first half, 2025 results on Aug 29, 2025공시 • Jun 09Kexin Development Co.,Ltd,Shanxi, Annual General Meeting, Jun 30, 2025Kexin Development Co.,Ltd,Shanxi, Annual General Meeting, Jun 30, 2025, at 14:30 China Standard Time. Location: The Company's Meeting Room, Shenzhen, Guangdong China공시 • Mar 28Kexin Development Co.,Ltd,Shanxi to Report Q1, 2025 Results on Apr 30, 2025Kexin Development Co.,Ltd,Shanxi announced that they will report Q1, 2025 results on Apr 30, 2025분석 기사 • Mar 14Kexin Development Co.,Ltd,Shanxi's (SHSE:600234) Business Is Yet to Catch Up With Its Share PriceWhen you see that almost half of the companies in the Consumer Durables industry in China have price-to-sales ratios...분석 기사 • Jan 16We're Hopeful That Kexin DevelopmentLtdShanxi (SHSE:600234) Will Use Its Cash WiselyJust because a business does not make any money, does not mean that the stock will go down. For example, biotech and...공시 • Dec 27Kexin Development Co.,Ltd,Shanxi to Report Fiscal Year 2024 Results on Apr 30, 2025Kexin Development Co.,Ltd,Shanxi announced that they will report fiscal year 2024 results on Apr 30, 2025분석 기사 • Dec 12Kexin Development Co.,Ltd,Shanxi (SHSE:600234) Stock Rockets 38% As Investors Are Less Pessimistic Than ExpectedKexin Development Co.,Ltd,Shanxi ( SHSE:600234 ) shares have continued their recent momentum with a 38% gain in the...Reported Earnings • Oct 30Third quarter 2024 earnings released: EPS: CN¥0.071 (vs CN¥0.016 loss in 3Q 2023)Third quarter 2024 results: EPS: CN¥0.071 (up from CN¥0.016 loss in 3Q 2023). Revenue: CN¥126.5m (up 163% from 3Q 2023). Net income: CN¥18.5m (up CN¥22.7m from 3Q 2023). Profit margin: 15% (up from net loss in 3Q 2023). The move to profitability was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 94 percentage points per year, which is a significant difference in performance.분석 기사 • Oct 28Kexin Development Co.,Ltd,Shanxi (SHSE:600234) Stock Rockets 31% As Investors Are Less Pessimistic Than ExpectedKexin Development Co.,Ltd,Shanxi ( SHSE:600234 ) shares have continued their recent momentum with a 31% gain in the...공시 • Sep 30Kexin Development Co.,Ltd,Shanxi to Report Q3, 2024 Results on Oct 30, 2024Kexin Development Co.,Ltd,Shanxi announced that they will report Q3, 2024 results on Oct 30, 2024Reported Earnings • Aug 30Second quarter 2024 earnings released: EPS: CN¥0.001 (vs CN¥0.041 loss in 2Q 2023)Second quarter 2024 results: EPS: CN¥0.001 (up from CN¥0.041 loss in 2Q 2023). Revenue: CN¥27.0m (up 93% from 2Q 2023). Net income: CN¥301.8k (up CN¥11.5m from 2Q 2023). Profit margin: 1.1% (up from net loss in 2Q 2023). The move to profitability was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 93 percentage points per year, which is a significant difference in performance.공시 • Aug 28Wang Peng completed the acquisition of 5% stake in Kexin Development Co.,Ltd,Shanxi (SHSE:600234) from Shenzhen Kexin Industrial Holdings Co., Ltd.Wang Peng agreed to acquire 5% stake in Kexin Development Co.,Ltd,Shanxi (SHSE:600234) from Shenzhen Kexin Industrial Holdings Co., Ltd for CNY 36.8 million on August 7, 2024. A consideration valued at CNY 2.8 per share will be paid for 13,126,049 shares. Wang Peng completed the acquisition of 5% stake in Kexin Development Co.,Ltd,Shanxi (SHSE:600234) from Shenzhen Kexin Industrial Holdings Co., Ltd on August 26, 2024.공시 • Jun 28Kexin Development Co.,Ltd,Shanxi to Report First Half, 2024 Results on Aug 30, 2024Kexin Development Co.,Ltd,Shanxi announced that they will report first half, 2024 results on Aug 30, 2024New Risk • May 17New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: CN¥698.3m (US$96.6m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CN¥60m free cash flow). Share price has been highly volatile over the past 3 months (13% average weekly change). Earnings have declined by 60% per year over the past 5 years. Minor Risk Market cap is less than US$100m (CN¥698.3m market cap, or US$96.6m).공시 • May 15+ 1 more updateKexin Development Co.,Ltd,Shanxi(SHSE:600234) dropped from Shanghai Stock Exchange Composite IndexGuanghe Landscape Culture Communication Co., Ltd. has been from Shanghai Stock Exchange Composite IndexNew Risk • Apr 29New major risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -CN¥41m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CN¥41m free cash flow). Share price has been highly volatile over the past 3 months (14% average weekly change). Earnings have declined by 42% per year over the past 5 years.Reported Earnings • Apr 29Full year 2023 earnings released: CN¥0.65 loss per share (vs CN¥0.074 loss in FY 2022)Full year 2023 results: CN¥0.65 loss per share (further deteriorated from CN¥0.074 loss in FY 2022). Revenue: CN¥70.1m (down 41% from FY 2022). Net loss: CN¥170.6m (loss widened CN¥151.2m from FY 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 110 percentage points per year, which is a significant difference in performance.분석 기사 • Apr 22Some Confidence Is Lacking In Kexin Development Co.,Ltd,Shanxi (SHSE:600234) As Shares Slide 50%The Kexin Development Co.,Ltd,Shanxi ( SHSE:600234 ) share price has fared very poorly over the last month, falling by...공시 • Mar 30Kexin Development Co.,Ltd,Shanxi to Report Q1, 2024 Results on Apr 29, 2024Kexin Development Co.,Ltd,Shanxi announced that they will report Q1, 2024 results on Apr 29, 2024분석 기사 • Mar 08There's Reason For Concern Over Kexin Development Co.,Ltd,Shanxi's (SHSE:600234) Massive 32% Price JumpThose holding Kexin Development Co.,Ltd,Shanxi ( SHSE:600234 ) shares would be relieved that the share price has...Board Change • Jan 23Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 5 non-independent directors. Independent Director Zhiqiang Zou 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.공시 • Dec 29Kexin Development Co.,Ltd,Shanxi to Report Fiscal Year 2023 Results on Apr 29, 2024Kexin Development Co.,Ltd,Shanxi announced that they will report fiscal year 2023 results on Apr 29, 2024New Risk • Nov 06New major risk - Revenue and earnings growthEarnings have declined by 9.1% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. This is currently the only risk that has been identified for the company.Reported Earnings • Aug 28Second quarter 2023 earnings released: CN¥0.041 loss per share (vs CN¥0.052 profit in 2Q 2022)Second quarter 2023 results: CN¥0.041 loss per share (down from CN¥0.052 profit in 2Q 2022). Revenue: CN¥14.0m (down 69% from 2Q 2022). Net loss: CN¥11.2m (down 187% from profit in 2Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 84 percentage points per year, which is a significant difference in performance.공시 • Jun 28Kexin Development Co.,Ltd,Shanxi to Report First Half, 2023 Results on Aug 28, 2023Kexin Development Co.,Ltd,Shanxi announced that they will report first half, 2023 results on Aug 28, 2023Reported Earnings • Apr 29Full year 2022 earnings released: CN¥0.074 loss per share (vs CN¥0.056 profit in FY 2021)Full year 2022 results: CN¥0.074 loss per share (down from CN¥0.056 profit in FY 2021). Revenue: CN¥119.5m (down 80% from FY 2021). Net loss: CN¥19.5m (down 255% from profit in FY 2021). Over the last 3 years on average, earnings per share has fallen by 49% per year but the company’s share price has only fallen by 13% per year, which means it has not declined as severely as earnings.Reported Earnings • Oct 30Third quarter 2022 earnings released: EPS: CN¥0.022 (vs CN¥0.016 in 3Q 2021)Third quarter 2022 results: EPS: CN¥0.022 (up from CN¥0.016 in 3Q 2021). Revenue: CN¥12.3m (down 93% from 3Q 2021). Net income: CN¥5.69m (up 19% from 3Q 2021). Profit margin: 46% (up from 2.8% in 3Q 2021). Over the last 3 years on average, earnings per share has fallen by 12% per year whereas the company’s share price has fallen by 7% per year.Reported Earnings • Aug 26Second quarter 2022 earnings released: EPS: CN¥0.052 (vs CN¥0.005 in 2Q 2021)Second quarter 2022 results: EPS: CN¥0.052 (up from CN¥0.005 in 2Q 2021). Revenue: CN¥45.5m (down 76% from 2Q 2021). Net income: CN¥12.8m (up CN¥12.3m from 2Q 2021). Profit margin: 28% (up from 0.3% in 2Q 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.Reported Earnings • Apr 30First quarter 2022 earnings released: CN¥0.07 loss per share (vs CN¥0.02 profit in 1Q 2021)First quarter 2022 results: CN¥0.07 loss per share (down from CN¥0.02 profit in 1Q 2021). Revenue: CN¥36.4m (down 72% from 1Q 2021). Net loss: CN¥19.4m (down CN¥24.1m from profit in 1Q 2021). Over the last 3 years on average, earnings per share has increased by 47% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.Valuation Update With 7 Day Price Move • Mar 22Investor sentiment improved over the past weekAfter last week's 16% share price gain to CN¥9.66, the stock trades at a trailing P/E ratio of 68.6x. Average trailing P/E is 25x in the Consumer Durables industry in China. Total returns to shareholders of 17% over the past three years.Valuation Update With 7 Day Price Move • Dec 15Investor sentiment improved over the past weekAfter last week's 23% share price gain to CN¥11.20, the stock trades at a trailing P/E ratio of 79.5x. Average trailing P/E is 29x in the Consumer Durables industry in China. Total returns to shareholders of 43% over the past three years.Reported Earnings • Oct 31Third quarter 2021 earnings released: EPS CN¥0.016 (vs CN¥0.13 in 3Q 2020)The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: CN¥169.7m (down 52% from 3Q 2020). Net income: CN¥4.79m (down 81% from 3Q 2020). Profit margin: 2.8% (down from 7.3% in 3Q 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 102% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.Reported Earnings • Aug 29Second quarter 2021 earnings released: EPS CN¥0.005 (vs CN¥0.008 in 2Q 2020)The company reported a mediocre second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2021 results: Revenue: CN¥187.0m (up 76% from 2Q 2020). Net income: CN¥570.3k (down 58% from 2Q 2020). Profit margin: 0.3% (down from 1.3% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 114% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • May 12Investor sentiment improved over the past weekAfter last week's 25% share price gain to CN¥12.68, the stock trades at a trailing P/E ratio of 43.6x. Average trailing P/E is 25x in the Consumer Durables industry in China. Total returns to shareholders of 25% over the past three years.Reported Earnings • May 05First quarter 2021 earnings released: EPS CN¥0.02 (vs CN¥0.011 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¥131.4m (up 90% from 1Q 2020). Net income: CN¥4.69m (up 82% from 1Q 2020). Profit margin: 3.6% (down from 3.7% in 1Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 118% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.Reported Earnings • Mar 26Full year 2020 earnings released: EPS CN¥0.28 (vs CN¥0.08 in FY 2019)The company reported a solid full year result with improved earnings and revenues, although profit margins were weaker. Full year 2020 results: Revenue: CN¥1.11b (up 389% from FY 2019). Net income: CN¥56.3m (up 233% from FY 2019). Profit margin: 5.1% (down from 7.4% in FY 2019). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 115% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings.Is New 90 Day High Low • Mar 05New 90-day high: CN¥9.51The company is up 2.0% from its price of CN¥9.28 on 04 December 2020. The Chinese market is up 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Consumer Durables industry, which is up 1.0% over the same period.공시 • Mar 04Guanghe Landscape Culture Communication Co., Ltd. to Report Fiscal Year 2020 Results on Mar 26, 2021Guanghe Landscape Culture Communication Co., Ltd. announced that they will report fiscal year 2020 results on Mar 26, 2021Is New 90 Day High Low • Feb 03New 90-day low: CN¥8.66The company is down 7.0% from its price of CN¥9.34 on 05 November 2020. The Chinese market is up 6.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Consumer Durables industry, which is up 11% over the same period.공시 • Oct 27Guanghe Landscape Culture Communication Co., Ltd. to Report Q3, 2020 Results on Oct 30, 2020Guanghe Landscape Culture Communication Co., Ltd. announced that they will report Q3, 2020 results on Oct 30, 2020Is New 90 Day High Low • Oct 24New 90-day low: CN¥8.69The company is down 12% from its price of CN¥9.90 on 24 July 2020. The Chinese market is up 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Consumer Durables industry, which is up 9.0% over the same period.공시 • Aug 12Guanghe Landscape Culture Communication Co., Ltd. announced that it expects to receive CNY 479.999993 million in funding from Shenzhen Kexin Industrial Holdings Co., LtdGuanghe Landscape Culture Communication Co., Ltd. (SHSE:600234) announced that it has entered into a share purchase agreement to issue not more than 60,075,093 A shares at a price of CNY 7.99 per share for gross proceeds of not more than CNY 479,999,993.07, not exceeding 30% of the company's total share capital in an equity round of funding from Shenzhen Kexin Industrial Holdings Co., Ltd for 60,075,093 shares on August 11 2020. The shares shall not be transferred within 36 months from the date of the end of the offering. The transaction has been approved at the company's 12th extraordinary meeting of the eight session of board of directors and seventh extraordinary meeting of the eighth board of supervisors, and still need to be approved by company’s general meeting of shareholders and China Securities Regulatory Commission.공시 • Jul 10Guanghe Landscape Culture Communication Co., Ltd. to Report First Half, 2020 Results on Aug 28, 2020Guanghe Landscape Culture Communication Co., Ltd. announced that they will report first half, 2020 results on Aug 28, 2020주주 수익률600234CN Consumer DurablesCN 시장7D9.0%-3.5%-0.05%1Y317.2%4.7%34.9%전체 주주 수익률 보기수익률 대 산업: 600234은 지난 1년 동안 4.7%의 수익을 기록한 CN Consumer Durables 산업보다 더 좋은 성과를 냈습니다.수익률 대 시장: 600234은 지난 1년 동안 34.9%를 기록한 CN 시장보다 더 좋은 성과를 냈습니다.주가 변동성Is 600234's price volatile compared to industry and market?600234 volatility600234 Average Weekly Movement10.3%Consumer Durables Industry Average Movement5.7%Market Average Movement6.4%10% most volatile stocks in CN Market10.1%10% least volatile stocks in CN Market4.2%안정적인 주가: 600234의 주가는 지난 3개월 동안 CN 시장보다 변동성이 컸습니다.시간에 따른 변동성: 600234의 주간 변동성(10%)은 지난 1년 동안 안정적이었지만 CN 종목 중 상위 75%보다 높습니다.회사 소개설립직원 수CEO웹사이트1988176Yuanrui Lianwww.600234.net산시성 켁신 개발 유한회사는 미디어 광고, 자가 소유 주택 임대, 건축 장식 엔지니어링 서비스를 제공합니다. 이 회사는 이전에 광허 조경 문화 통신 유한 회사로 알려졌습니다. 1988년에 설립되었으며 중국 심천에 본사를 두고 있습니다.더 보기Kexin Development Co.,Ltd,Shanxi 기초 지표 요약Kexin DevelopmentLtdShanxi의 순이익과 매출은 시가총액과 어떻게 비교됩니까?600234 기초 통계시가총액CN¥6.82b순이익 (TTM)-CN¥20.41m매출 (TTM)CN¥396.43m18.9x주가매출비율(P/S)-367.6x주가수익비율(P/E)600234는 고평가되어 있습니까?공정 가치 및 평가 분석 보기순이익 및 매출최근 실적 보고서(TTM)의 주요 수익성 지표600234 손익계산서 (TTM)매출CN¥396.43m매출원가CN¥361.50m총이익CN¥34.93m기타 비용CN¥55.34m순이익-CN¥20.41m최근 보고된 실적Mar 31, 2026다음 실적 발표일해당 없음주당순이익(EPS)-0.078총이익률8.81%순이익률-5.15%부채/자본 비율58.1%600234의 장기 실적은 어땠습니까?과거 실적 및 비교 보기View Valuation기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/25 13:36종가2026/05/25 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 소스Kexin Development Co.,Ltd,Shanxi는 0명의 분석가가 다루고 있습니다. 이 중 0명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.
New Risk • May 22New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Chinese stocks, typically moving 10% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (10% average weekly change). Earnings have declined by 17% per year over the past 5 years.
공시 • May 19Kexin Development Co.,Ltd,Shanxi, Annual General Meeting, Jun 16, 2026Kexin Development Co.,Ltd,Shanxi, Annual General Meeting, Jun 16, 2026, at 14:30 China Standard Time. Location: The Company's Meeting Room, Shenzhen, Guangdong China
Reported Earnings • Apr 29Full year 2025 earnings released: CN¥0.07 loss per share (vs CN¥0.15 profit in FY 2024)Full year 2025 results: CN¥0.07 loss per share (down from CN¥0.15 profit in FY 2024). Revenue: CN¥384.0m (up 2.5% from FY 2024). Net loss: CN¥17.2m (down 143% from profit in FY 2024). Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has increased by 57% per year, which means it is tracking significantly ahead of earnings growth.
New Risk • Apr 20New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 8.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company.
Valuation Update With 7 Day Price Move • Apr 14Investor sentiment improves as stock rises 21%After last week's 21% share price gain to CN¥17.62, the stock trades at a trailing P/E ratio of 77.6x. Average trailing P/E is 30x in the Consumer Durables industry in China. Total returns to shareholders of 183% over the past three years.
공시 • Mar 30Kexin Development Co.,Ltd,Shanxi to Report Q1, 2026 Results on Apr 29, 2026Kexin Development Co.,Ltd,Shanxi announced that they will report Q1, 2026 results on Apr 29, 2026
New Risk • May 22New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Chinese stocks, typically moving 10% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (10% average weekly change). Earnings have declined by 17% per year over the past 5 years.
공시 • May 19Kexin Development Co.,Ltd,Shanxi, Annual General Meeting, Jun 16, 2026Kexin Development Co.,Ltd,Shanxi, Annual General Meeting, Jun 16, 2026, at 14:30 China Standard Time. Location: The Company's Meeting Room, Shenzhen, Guangdong China
Reported Earnings • Apr 29Full year 2025 earnings released: CN¥0.07 loss per share (vs CN¥0.15 profit in FY 2024)Full year 2025 results: CN¥0.07 loss per share (down from CN¥0.15 profit in FY 2024). Revenue: CN¥384.0m (up 2.5% from FY 2024). Net loss: CN¥17.2m (down 143% from profit in FY 2024). Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has increased by 57% per year, which means it is tracking significantly ahead of earnings growth.
New Risk • Apr 20New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 8.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company.
Valuation Update With 7 Day Price Move • Apr 14Investor sentiment improves as stock rises 21%After last week's 21% share price gain to CN¥17.62, the stock trades at a trailing P/E ratio of 77.6x. Average trailing P/E is 30x in the Consumer Durables industry in China. Total returns to shareholders of 183% over the past three years.
공시 • Mar 30Kexin Development Co.,Ltd,Shanxi to Report Q1, 2026 Results on Apr 29, 2026Kexin Development Co.,Ltd,Shanxi announced that they will report Q1, 2026 results on Apr 29, 2026
Valuation Update With 7 Day Price Move • Mar 30Investor sentiment improves as stock rises 20%After last week's 20% share price gain to CN¥15.50, the stock trades at a trailing P/E ratio of 68.3x. Average trailing P/E is 30x in the Consumer Durables industry in China. Total returns to shareholders of 100% over the past three years.
공시 • Dec 26Kexin Development Co.,Ltd,Shanxi to Report Fiscal Year 2025 Results on Apr 29, 2026Kexin Development Co.,Ltd,Shanxi announced that they will report fiscal year 2025 results on Apr 29, 2026
New Risk • Dec 17New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Chinese stocks, typically moving 9.1% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. This is currently the only risk that has been identified for the company.
Valuation Update With 7 Day Price Move • Dec 17Investor sentiment improves as stock rises 19%After last week's 19% share price gain to CN¥13.81, the stock trades at a trailing P/E ratio of 60.8x. Average trailing P/E is 29x in the Consumer Durables industry in China. Total returns to shareholders of 93% over the past three years.
Reported Earnings • Oct 31Third quarter 2025 earnings released: EPS: CN¥0.031 (vs CN¥0.071 in 3Q 2024)Third quarter 2025 results: EPS: CN¥0.031 (down from CN¥0.071 in 3Q 2024). Revenue: CN¥133.5m (up 5.5% from 3Q 2024). Net income: CN¥8.20m (down 56% from 3Q 2024). Profit margin: 6.1% (down from 15% in 3Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth.
New Risk • Oct 17New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 7.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company.
Valuation Update With 7 Day Price Move • Oct 13Investor sentiment improves as stock rises 25%After last week's 25% share price gain to CN¥11.45, the stock trades at a trailing P/E ratio of 43x. Average trailing P/E is 35x in the Consumer Durables industry in China. Total returns to shareholders of 48% over the past three years.
공시 • Sep 30Kexin Development Co.,Ltd,Shanxi to Report Q3, 2025 Results on Oct 31, 2025Kexin Development Co.,Ltd,Shanxi announced that they will report Q3, 2025 results on Oct 31, 2025
Reported Earnings • Aug 31Second quarter 2025 earnings released: EPS: CN¥0.081 (vs CN¥0.001 in 2Q 2024)Second quarter 2025 results: EPS: CN¥0.081 (up from CN¥0.001 in 2Q 2024). Revenue: CN¥77.5m (up 187% from 2Q 2024). Net income: CN¥21.2m (up CN¥20.9m from 2Q 2024). Profit margin: 27% (up from 1.1% in 2Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 2% per year whereas the company’s share price has increased by 1% per year.
Valuation Update With 7 Day Price Move • Jul 28Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CN¥9.32, the stock trades at a trailing P/E ratio of 49.9x. Average trailing P/E is 28x in the Consumer Durables industry in China. Total loss to shareholders of 7.0% over the past three years.
New Risk • Jul 09New 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 6.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company.
공시 • Jun 30Kexin Development Co.,Ltd,Shanxi to Report First Half, 2025 Results on Aug 29, 2025Kexin Development Co.,Ltd,Shanxi announced that they will report first half, 2025 results on Aug 29, 2025
공시 • Jun 09Kexin Development Co.,Ltd,Shanxi, Annual General Meeting, Jun 30, 2025Kexin Development Co.,Ltd,Shanxi, Annual General Meeting, Jun 30, 2025, at 14:30 China Standard Time. Location: The Company's Meeting Room, Shenzhen, Guangdong China
공시 • Mar 28Kexin Development Co.,Ltd,Shanxi to Report Q1, 2025 Results on Apr 30, 2025Kexin Development Co.,Ltd,Shanxi announced that they will report Q1, 2025 results on Apr 30, 2025
분석 기사 • Mar 14Kexin Development Co.,Ltd,Shanxi's (SHSE:600234) Business Is Yet to Catch Up With Its Share PriceWhen you see that almost half of the companies in the Consumer Durables industry in China have price-to-sales ratios...
분석 기사 • Jan 16We're Hopeful That Kexin DevelopmentLtdShanxi (SHSE:600234) Will Use Its Cash WiselyJust because a business does not make any money, does not mean that the stock will go down. For example, biotech and...
공시 • Dec 27Kexin Development Co.,Ltd,Shanxi to Report Fiscal Year 2024 Results on Apr 30, 2025Kexin Development Co.,Ltd,Shanxi announced that they will report fiscal year 2024 results on Apr 30, 2025
분석 기사 • Dec 12Kexin Development Co.,Ltd,Shanxi (SHSE:600234) Stock Rockets 38% As Investors Are Less Pessimistic Than ExpectedKexin Development Co.,Ltd,Shanxi ( SHSE:600234 ) shares have continued their recent momentum with a 38% gain in the...
Reported Earnings • Oct 30Third quarter 2024 earnings released: EPS: CN¥0.071 (vs CN¥0.016 loss in 3Q 2023)Third quarter 2024 results: EPS: CN¥0.071 (up from CN¥0.016 loss in 3Q 2023). Revenue: CN¥126.5m (up 163% from 3Q 2023). Net income: CN¥18.5m (up CN¥22.7m from 3Q 2023). Profit margin: 15% (up from net loss in 3Q 2023). The move to profitability was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 94 percentage points per year, which is a significant difference in performance.
분석 기사 • Oct 28Kexin Development Co.,Ltd,Shanxi (SHSE:600234) Stock Rockets 31% As Investors Are Less Pessimistic Than ExpectedKexin Development Co.,Ltd,Shanxi ( SHSE:600234 ) shares have continued their recent momentum with a 31% gain in the...
공시 • Sep 30Kexin Development Co.,Ltd,Shanxi to Report Q3, 2024 Results on Oct 30, 2024Kexin Development Co.,Ltd,Shanxi announced that they will report Q3, 2024 results on Oct 30, 2024
Reported Earnings • Aug 30Second quarter 2024 earnings released: EPS: CN¥0.001 (vs CN¥0.041 loss in 2Q 2023)Second quarter 2024 results: EPS: CN¥0.001 (up from CN¥0.041 loss in 2Q 2023). Revenue: CN¥27.0m (up 93% from 2Q 2023). Net income: CN¥301.8k (up CN¥11.5m from 2Q 2023). Profit margin: 1.1% (up from net loss in 2Q 2023). The move to profitability was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 93 percentage points per year, which is a significant difference in performance.
공시 • Aug 28Wang Peng completed the acquisition of 5% stake in Kexin Development Co.,Ltd,Shanxi (SHSE:600234) from Shenzhen Kexin Industrial Holdings Co., Ltd.Wang Peng agreed to acquire 5% stake in Kexin Development Co.,Ltd,Shanxi (SHSE:600234) from Shenzhen Kexin Industrial Holdings Co., Ltd for CNY 36.8 million on August 7, 2024. A consideration valued at CNY 2.8 per share will be paid for 13,126,049 shares. Wang Peng completed the acquisition of 5% stake in Kexin Development Co.,Ltd,Shanxi (SHSE:600234) from Shenzhen Kexin Industrial Holdings Co., Ltd on August 26, 2024.
공시 • Jun 28Kexin Development Co.,Ltd,Shanxi to Report First Half, 2024 Results on Aug 30, 2024Kexin Development Co.,Ltd,Shanxi announced that they will report first half, 2024 results on Aug 30, 2024
New Risk • May 17New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: CN¥698.3m (US$96.6m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CN¥60m free cash flow). Share price has been highly volatile over the past 3 months (13% average weekly change). Earnings have declined by 60% per year over the past 5 years. Minor Risk Market cap is less than US$100m (CN¥698.3m market cap, or US$96.6m).
공시 • May 15+ 1 more updateKexin Development Co.,Ltd,Shanxi(SHSE:600234) dropped from Shanghai Stock Exchange Composite IndexGuanghe Landscape Culture Communication Co., Ltd. has been from Shanghai Stock Exchange Composite Index
New Risk • Apr 29New major risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -CN¥41m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CN¥41m free cash flow). Share price has been highly volatile over the past 3 months (14% average weekly change). Earnings have declined by 42% per year over the past 5 years.
Reported Earnings • Apr 29Full year 2023 earnings released: CN¥0.65 loss per share (vs CN¥0.074 loss in FY 2022)Full year 2023 results: CN¥0.65 loss per share (further deteriorated from CN¥0.074 loss in FY 2022). Revenue: CN¥70.1m (down 41% from FY 2022). Net loss: CN¥170.6m (loss widened CN¥151.2m from FY 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 110 percentage points per year, which is a significant difference in performance.
분석 기사 • Apr 22Some Confidence Is Lacking In Kexin Development Co.,Ltd,Shanxi (SHSE:600234) As Shares Slide 50%The Kexin Development Co.,Ltd,Shanxi ( SHSE:600234 ) share price has fared very poorly over the last month, falling by...
공시 • Mar 30Kexin Development Co.,Ltd,Shanxi to Report Q1, 2024 Results on Apr 29, 2024Kexin Development Co.,Ltd,Shanxi announced that they will report Q1, 2024 results on Apr 29, 2024
분석 기사 • Mar 08There's Reason For Concern Over Kexin Development Co.,Ltd,Shanxi's (SHSE:600234) Massive 32% Price JumpThose holding Kexin Development Co.,Ltd,Shanxi ( SHSE:600234 ) shares would be relieved that the share price has...
Board Change • Jan 23Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 5 non-independent directors. Independent Director Zhiqiang Zou 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.
공시 • Dec 29Kexin Development Co.,Ltd,Shanxi to Report Fiscal Year 2023 Results on Apr 29, 2024Kexin Development Co.,Ltd,Shanxi announced that they will report fiscal year 2023 results on Apr 29, 2024
New Risk • Nov 06New major risk - Revenue and earnings growthEarnings have declined by 9.1% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. This is currently the only risk that has been identified for the company.
Reported Earnings • Aug 28Second quarter 2023 earnings released: CN¥0.041 loss per share (vs CN¥0.052 profit in 2Q 2022)Second quarter 2023 results: CN¥0.041 loss per share (down from CN¥0.052 profit in 2Q 2022). Revenue: CN¥14.0m (down 69% from 2Q 2022). Net loss: CN¥11.2m (down 187% from profit in 2Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 84 percentage points per year, which is a significant difference in performance.
공시 • Jun 28Kexin Development Co.,Ltd,Shanxi to Report First Half, 2023 Results on Aug 28, 2023Kexin Development Co.,Ltd,Shanxi announced that they will report first half, 2023 results on Aug 28, 2023
Reported Earnings • Apr 29Full year 2022 earnings released: CN¥0.074 loss per share (vs CN¥0.056 profit in FY 2021)Full year 2022 results: CN¥0.074 loss per share (down from CN¥0.056 profit in FY 2021). Revenue: CN¥119.5m (down 80% from FY 2021). Net loss: CN¥19.5m (down 255% from profit in FY 2021). Over the last 3 years on average, earnings per share has fallen by 49% per year but the company’s share price has only fallen by 13% per year, which means it has not declined as severely as earnings.
Reported Earnings • Oct 30Third quarter 2022 earnings released: EPS: CN¥0.022 (vs CN¥0.016 in 3Q 2021)Third quarter 2022 results: EPS: CN¥0.022 (up from CN¥0.016 in 3Q 2021). Revenue: CN¥12.3m (down 93% from 3Q 2021). Net income: CN¥5.69m (up 19% from 3Q 2021). Profit margin: 46% (up from 2.8% in 3Q 2021). Over the last 3 years on average, earnings per share has fallen by 12% per year whereas the company’s share price has fallen by 7% per year.
Reported Earnings • Aug 26Second quarter 2022 earnings released: EPS: CN¥0.052 (vs CN¥0.005 in 2Q 2021)Second quarter 2022 results: EPS: CN¥0.052 (up from CN¥0.005 in 2Q 2021). Revenue: CN¥45.5m (down 76% from 2Q 2021). Net income: CN¥12.8m (up CN¥12.3m from 2Q 2021). Profit margin: 28% (up from 0.3% in 2Q 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Apr 30First quarter 2022 earnings released: CN¥0.07 loss per share (vs CN¥0.02 profit in 1Q 2021)First quarter 2022 results: CN¥0.07 loss per share (down from CN¥0.02 profit in 1Q 2021). Revenue: CN¥36.4m (down 72% from 1Q 2021). Net loss: CN¥19.4m (down CN¥24.1m from profit in 1Q 2021). Over the last 3 years on average, earnings per share has increased by 47% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.
Valuation Update With 7 Day Price Move • Mar 22Investor sentiment improved over the past weekAfter last week's 16% share price gain to CN¥9.66, the stock trades at a trailing P/E ratio of 68.6x. Average trailing P/E is 25x in the Consumer Durables industry in China. Total returns to shareholders of 17% over the past three years.
Valuation Update With 7 Day Price Move • Dec 15Investor sentiment improved over the past weekAfter last week's 23% share price gain to CN¥11.20, the stock trades at a trailing P/E ratio of 79.5x. Average trailing P/E is 29x in the Consumer Durables industry in China. Total returns to shareholders of 43% over the past three years.
Reported Earnings • Oct 31Third quarter 2021 earnings released: EPS CN¥0.016 (vs CN¥0.13 in 3Q 2020)The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: CN¥169.7m (down 52% from 3Q 2020). Net income: CN¥4.79m (down 81% from 3Q 2020). Profit margin: 2.8% (down from 7.3% in 3Q 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 102% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Aug 29Second quarter 2021 earnings released: EPS CN¥0.005 (vs CN¥0.008 in 2Q 2020)The company reported a mediocre second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2021 results: Revenue: CN¥187.0m (up 76% from 2Q 2020). Net income: CN¥570.3k (down 58% from 2Q 2020). Profit margin: 0.3% (down from 1.3% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 114% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • May 12Investor sentiment improved over the past weekAfter last week's 25% share price gain to CN¥12.68, the stock trades at a trailing P/E ratio of 43.6x. Average trailing P/E is 25x in the Consumer Durables industry in China. Total returns to shareholders of 25% over the past three years.
Reported Earnings • May 05First quarter 2021 earnings released: EPS CN¥0.02 (vs CN¥0.011 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¥131.4m (up 90% from 1Q 2020). Net income: CN¥4.69m (up 82% from 1Q 2020). Profit margin: 3.6% (down from 3.7% in 1Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 118% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.
Reported Earnings • Mar 26Full year 2020 earnings released: EPS CN¥0.28 (vs CN¥0.08 in FY 2019)The company reported a solid full year result with improved earnings and revenues, although profit margins were weaker. Full year 2020 results: Revenue: CN¥1.11b (up 389% from FY 2019). Net income: CN¥56.3m (up 233% from FY 2019). Profit margin: 5.1% (down from 7.4% in FY 2019). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 115% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings.
Is New 90 Day High Low • Mar 05New 90-day high: CN¥9.51The company is up 2.0% from its price of CN¥9.28 on 04 December 2020. The Chinese market is up 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Consumer Durables industry, which is up 1.0% over the same period.
공시 • Mar 04Guanghe Landscape Culture Communication Co., Ltd. to Report Fiscal Year 2020 Results on Mar 26, 2021Guanghe Landscape Culture Communication Co., Ltd. announced that they will report fiscal year 2020 results on Mar 26, 2021
Is New 90 Day High Low • Feb 03New 90-day low: CN¥8.66The company is down 7.0% from its price of CN¥9.34 on 05 November 2020. The Chinese market is up 6.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Consumer Durables industry, which is up 11% over the same period.
공시 • Oct 27Guanghe Landscape Culture Communication Co., Ltd. to Report Q3, 2020 Results on Oct 30, 2020Guanghe Landscape Culture Communication Co., Ltd. announced that they will report Q3, 2020 results on Oct 30, 2020
Is New 90 Day High Low • Oct 24New 90-day low: CN¥8.69The company is down 12% from its price of CN¥9.90 on 24 July 2020. The Chinese market is up 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Consumer Durables industry, which is up 9.0% over the same period.
공시 • Aug 12Guanghe Landscape Culture Communication Co., Ltd. announced that it expects to receive CNY 479.999993 million in funding from Shenzhen Kexin Industrial Holdings Co., LtdGuanghe Landscape Culture Communication Co., Ltd. (SHSE:600234) announced that it has entered into a share purchase agreement to issue not more than 60,075,093 A shares at a price of CNY 7.99 per share for gross proceeds of not more than CNY 479,999,993.07, not exceeding 30% of the company's total share capital in an equity round of funding from Shenzhen Kexin Industrial Holdings Co., Ltd for 60,075,093 shares on August 11 2020. The shares shall not be transferred within 36 months from the date of the end of the offering. The transaction has been approved at the company's 12th extraordinary meeting of the eight session of board of directors and seventh extraordinary meeting of the eighth board of supervisors, and still need to be approved by company’s general meeting of shareholders and China Securities Regulatory Commission.
공시 • Jul 10Guanghe Landscape Culture Communication Co., Ltd. to Report First Half, 2020 Results on Aug 28, 2020Guanghe Landscape Culture Communication Co., Ltd. announced that they will report first half, 2020 results on Aug 28, 2020
