View ValuationXingye Leather Technology 향후 성장Future 기준 점검 3/6Xingye Leather Technology은 연간 수입과 매출이 각각 31.4%와 9.8% 증가할 것으로 예상되고 EPS는 연간 31.4%만큼 증가할 것으로 예상됩니다.핵심 정보31.4%이익 성장률31.39%EPS 성장률Luxury 이익 성장17.3%매출 성장률9.8%향후 자기자본이익률n/a애널리스트 커버리지Low마지막 업데이트13 Apr 2026최근 향후 성장 업데이트Price Target Changed • Oct 27Price target raised to CN¥10.07Up from CN¥8.90, the current price target is an average from 2 analysts. The new target price is 22% below the current share price of CN¥12.86. As of last close, the stock is up 2.1% over the past year.모든 업데이트 보기Recent updatesValuation Update With 7 Day Price Move • Jul 16Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to CN¥25.84, the stock trades at a forward P/E ratio of 46x. Average forward P/E is 14x in the Luxury industry in China. Total returns to shareholders of 118% over the past three years.공고 • Jun 30Xingye Leather Technology Co., Ltd. to Report First Half, 2026 Results on Aug 25, 2026Xingye Leather Technology Co., Ltd. announced that they will report first half, 2026 results on Aug 25, 2026New Risk • Jun 29New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 8.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company.Valuation Update With 7 Day Price Move • Jun 22Investor sentiment improves as stock rises 18%After last week's 18% share price gain to CN¥19.69, the stock trades at a forward P/E ratio of 35x. Average forward P/E is 14x in the Luxury industry in China. Total returns to shareholders of 86% over the past three years.Valuation Update With 7 Day Price Move • May 25Investor sentiment improves as stock rises 17%After last week's 17% share price gain to CN¥15.97, the stock trades at a forward P/E ratio of 29x. Average forward P/E is 14x in the Luxury industry in China. Total returns to shareholders of 58% over the past three years.공고 • Apr 28Xingye Leather Technology Co., Ltd., Annual General Meeting, May 19, 2026Xingye Leather Technology Co., Ltd., Annual General Meeting, May 19, 2026, at 14:30 China Standard Time. Location: The Company's Meeting Room, Jinjiang, Fujian China공고 • Mar 31Xingye Leather Technology Co., Ltd. to Report Q1, 2026 Results on Apr 28, 2026Xingye Leather Technology Co., Ltd. announced that they will report Q1, 2026 results on Apr 28, 2026Valuation Update With 7 Day Price Move • Mar 23Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to CN¥11.93, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 15x in the Luxury industry in China. Total returns to shareholders of 18% over the past three years.Board Change • Jan 01Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. 5 highly experienced directors. Independent Director Zhongchuan Dai was the last director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.공고 • Dec 31Xingye Leather Technology Co., Ltd. to Report Fiscal Year 2025 Results on Apr 28, 2026Xingye Leather Technology Co., Ltd. announced that they will report fiscal year 2025 results on Apr 28, 2026New Risk • Oct 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: 2.4% Last year net profit margin: 4.4% 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: Major Risk Share price has been highly volatile over the past 3 months (10% average weekly change). 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 (2.4% net profit margin).공고 • Sep 30Xingye Leather Technology Co., Ltd. to Report Q3, 2025 Results on Oct 29, 2025Xingye Leather Technology Co., Ltd. announced that they will report Q3, 2025 results on Oct 29, 2025Valuation Update With 7 Day Price Move • Sep 23Investor sentiment improves as stock rises 21%After last week's 21% share price gain to CN¥17.11, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 15x in the Luxury industry in China. Total returns to shareholders of 64% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥7.23 per share.Valuation Update With 7 Day Price Move • Sep 09Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CN¥14.85, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 16x in the Luxury industry in China. Total returns to shareholders of 23% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥7.18 per share.New Risk • Sep 02New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 25% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. 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. Share price has been volatile over the past 3 months (7.7% average weekly change). Large one-off items impacting financial results.Valuation Update With 7 Day Price Move • Aug 21Investor sentiment improves as stock rises 24%After last week's 24% share price gain to CN¥13.79, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 17x in the Luxury industry in China. Total returns to shareholders of 19% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥7.01 per share.New Risk • Aug 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 6.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (6.6% average weekly change). Profit margins are more than 30% lower than last year (4.2% net profit margin).공고 • Jul 02Xingye Leather Technology Co., Ltd. to Report First Half, 2025 Results on Aug 26, 2025Xingye Leather Technology Co., Ltd. announced that they will report first half, 2025 results on Aug 26, 2025New Risk • Apr 27New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 38% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Dividend is not well covered by earnings and cash flows. Payout ratio: 143% Cash payout ratio: 108% Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (4.2% net profit margin).Reported Earnings • Apr 27First quarter 2025 earnings released: EPS: CN¥0.064 (vs CN¥0.12 in 1Q 2024)First quarter 2025 results: EPS: CN¥0.064 (down from CN¥0.12 in 1Q 2024). Revenue: CN¥627.0m (up 5.0% from 1Q 2024). Net income: CN¥18.9m (down 45% from 1Q 2024). Profit margin: 3.0% (down from 5.8% in 1Q 2024). Revenue is forecast to grow 13% p.a. on average during the next 2 years, compared to a 12% growth forecast for the Luxury industry in China. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings.공고 • Apr 26Xingye Leather Technology Co., Ltd., Annual General Meeting, May 19, 2025Xingye Leather Technology Co., Ltd., Annual General Meeting, May 19, 2025, at 14:30 China Standard Time. Location: The Company's Meeting Room, Jinjiang, Fujian China공고 • Mar 31Xingye Leather Technology Co., Ltd. to Report Q1, 2025 Results on Apr 26, 2025Xingye Leather Technology Co., Ltd. announced that they will report Q1, 2025 results on Apr 26, 2025공고 • Dec 31Xingye Leather Technology Co., Ltd. to Report Fiscal Year 2024 Results on Apr 26, 2025Xingye Leather Technology Co., Ltd. announced that they will report fiscal year 2024 results on Apr 26, 2025Valuation Update With 7 Day Price Move • Nov 06Investor sentiment improves as stock rises 17%After last week's 17% share price gain to CN¥10.63, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 12x in the Luxury industry in China. Total returns to shareholders of 13% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥7.52 per share.Buy Or Sell Opportunity • Nov 04Now 26% overvalued after recent price riseOver the last 90 days, the stock has risen 5.2% to CN¥9.43. The fair value is estimated to be CN¥7.48, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 20% over the last 3 years. Earnings per share has declined by 5.5%. Revenue is forecast to grow by 37% in 2 years. Earnings are forecast to grow by 137% in the next 2 years.분석 기사 • Nov 04Investors Can Find Comfort In Xingye Leather Technology's (SZSE:002674) Earnings QualityInvestors were disappointed with the weak earnings posted by Xingye Leather Technology Co., Ltd. ( SZSE:002674 ). While...Reported Earnings • Oct 29Third quarter 2024 earnings released: EPS: CN¥0.18 (vs CN¥0.28 in 3Q 2023)Third quarter 2024 results: EPS: CN¥0.18 (down from CN¥0.28 in 3Q 2023). Revenue: CN¥752.4m (up 1.1% from 3Q 2023). Net income: CN¥52.6m (down 35% from 3Q 2023). Profit margin: 7.0% (down from 11% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Luxury industry in China. Over the last 3 years on average, earnings per share has fallen by 6% per year whereas the company’s share price has fallen by 5% per year.Buy Or Sell Opportunity • Oct 14Now 21% overvaluedOver the last 90 days, the stock has fallen 1.8% to CN¥8.88. The fair value is estimated to be CN¥7.34, 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. Earnings per share has declined by 5.6%. Revenue is forecast to grow by 32% in 2 years. Earnings are forecast to grow by 83% in the next 2 years.공고 • Sep 30Xingye Leather Technology Co., Ltd. to Report Q3, 2024 Results on Oct 29, 2024Xingye Leather Technology Co., Ltd. announced that they will report Q3, 2024 results on Oct 29, 2024Valuation Update With 7 Day Price Move • Sep 30Investor sentiment improves as stock rises 21%After last week's 21% share price gain to CN¥9.62, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 12x in the Luxury industry in China. Total loss to shareholders of 2.2% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥7.38 per share.Buy Or Sell Opportunity • Sep 27Now 22% overvaluedOver the last 90 days, the stock has fallen 13% to CN¥8.90. The fair value is estimated to be CN¥7.29, 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. Earnings per share has declined by 5.6%. Revenue is forecast to grow by 32% in 2 years. Earnings are forecast to grow by 83% in the next 2 years.분석 기사 • Aug 22Xingye Leather Technology Co., Ltd. (SZSE:002674) Analysts Just Cut Their EPS Forecasts SubstantiallyThe analysts covering Xingye Leather Technology Co., Ltd. ( SZSE:002674 ) delivered a dose of negativity to...Reported Earnings • Aug 20Second quarter 2024 earnings released: EPS: CN¥0.077 (vs CN¥0.22 in 2Q 2023)Second quarter 2024 results: EPS: CN¥0.077 (down from CN¥0.22 in 2Q 2023). Revenue: CN¥664.5m (down 9.2% from 2Q 2023). Net income: CN¥22.5m (down 65% from 2Q 2023). Profit margin: 3.4% (down from 8.8% in 2Q 2023). Revenue is forecast to grow 19% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Luxury industry in China. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has fallen by 19% per year, which means it is performing significantly worse than earnings.공고 • Jun 29Xingye Leather Technology Co., Ltd. to Report First Half, 2024 Results on Aug 20, 2024Xingye Leather Technology Co., Ltd. announced that they will report first half, 2024 results on Aug 20, 2024Declared Dividend • May 24Dividend increased to CN¥0.60Dividend of CN¥0.60 is 20% higher than last year. Ex-date: 29th May 2024 Payment date: 29th May 2024 Dividend yield will be 5.1%, which is higher than the industry average of 3.3%. Sustainability & Growth Dividend is not adequately covered by earnings (91% earnings payout ratio) nor is it covered by cash flows (219% cash payout ratio). The dividend has increased by an average of 12% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 1.1% to bring the payout ratio under control. EPS is expected to grow by 101% over the next 3 years, which is sufficient to bring the dividend into a sustainable range.Reported Earnings • Apr 24First quarter 2024 earnings released: EPS: CN¥0.12 (vs CN¥0.097 in 1Q 2023)First quarter 2024 results: EPS: CN¥0.12 (up from CN¥0.097 in 1Q 2023). Revenue: CN¥596.9m (up 29% from 1Q 2023). Net income: CN¥34.6m (up 22% from 1Q 2023). Profit margin: 5.8% (down from 6.1% in 1Q 2023). Revenue is forecast to grow 21% p.a. on average during the next 2 years, compared to a 15% growth forecast for the Luxury industry in China. Over the last 3 years on average, earnings per share has remained flat whereas the company’s share price has increased by 1% per year.분석 기사 • Apr 24Here's Why We Think Xingye Leather Technology (SZSE:002674) Might Deserve Your Attention TodayIt's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story...공고 • Apr 23Xingye Leather Technology Co., Ltd., Annual General Meeting, May 15, 2024Xingye Leather Technology Co., Ltd., Annual General Meeting, May 15, 2024, at 14:30 China Standard Time. Location: The Company's Meeting Room, Jinjiang, Fujian China공고 • Mar 30Xingye Leather Technology Co., Ltd. to Report Q1, 2024 Results on Apr 23, 2024Xingye Leather Technology Co., Ltd. announced that they will report Q1, 2024 results on Apr 23, 2024Valuation Update With 7 Day Price Move • Feb 02Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to CN¥9.39, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 13x in the Luxury industry in China. Total loss to shareholders of 12% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥5.33 per share.공고 • Dec 29Xingye Leather Technology Co., Ltd. to Report Fiscal Year 2023 Results on Apr 23, 2024Xingye Leather Technology Co., Ltd. announced that they will report fiscal year 2023 results on Apr 23, 2024Reported Earnings • Nov 02Third quarter 2023 earnings released: EPS: CN¥0.28 (vs CN¥0.28 in 3Q 2022)Third quarter 2023 results: EPS: CN¥0.28 (up from CN¥0.28 in 3Q 2022). Revenue: CN¥744.5m (up 13% from 3Q 2022). Net income: CN¥80.7m (flat on 3Q 2022). Profit margin: 11% (down from 12% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 23% p.a. on average during the next 3 years, compared to a 17% growth forecast for the Luxury industry in China. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings.Reported Earnings • Aug 22Second quarter 2023 earnings released: EPS: CN¥0.22 (vs CN¥0.16 in 2Q 2022)Second quarter 2023 results: EPS: CN¥0.22 (up from CN¥0.16 in 2Q 2022). Revenue: CN¥732.0m (up 52% from 2Q 2022). Net income: CN¥64.5m (up 36% from 2Q 2022). Profit margin: 8.8% (down from 9.9% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 21% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Luxury industry in China. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.공고 • Jul 01Xingye Leather Technology Co., Ltd. to Report Q2, 2023 Results on Aug 22, 2023Xingye Leather Technology Co., Ltd. announced that they will report Q2, 2023 results on Aug 22, 2023공고 • Jun 03Xingye Leather Technology Co., Ltd. Implements Final Cash Dividend of A Shares for 2022, Payable on June 09, 2023Xingye Leather Technology Co., Ltd. implemented final cash dividend of CNY 5.00000000 per ten A shares (tax included) for 2022. Record date: 08 June 2023; Ex-date: 09 June 2023; Payment date: 09 June 2023.공고 • May 18Xingye Leather Technology Co., Ltd. Approves Cash Dividend for 2022Xingye Leather Technology Co., Ltd. approved Cash dividend/10 shares (tax included): CNY 5.00000000 for 2022, at its Annual General Meeting of 2022 on 16 May 2023.Reported Earnings • Apr 26First quarter 2023 earnings released: EPS: CN¥0.097 (vs CN¥0.013 in 1Q 2022)First quarter 2023 results: EPS: CN¥0.097 (up from CN¥0.013 in 1Q 2022). Revenue: CN¥464.1m (up 79% from 1Q 2022). Net income: CN¥28.4m (up CN¥24.5m from 1Q 2022). Profit margin: 6.1% (up from 1.5% in 1Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 19% p.a. on average during the next 2 years, compared to a 16% growth forecast for the Luxury industry in China. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.Board Change • Dec 29Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 5 highly experienced directors. 1 independent director (2 non-independent directors). Non-Independent Director Ke Jinding was the last independent director to join the board, commencing their role in 2013. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.공고 • Dec 28Xingye Leather Technology Co., Ltd. Approves Executive ElectionsXingye Leather Technology Co., Ltd. announced that it has approved election of Cai Zongmiao as non-independent director; and Su Chaoying, Dai Zhongchuan and Chen Shoude as independent directors, at its Extraordinary General Meeting of 2022 held on 26 December 2022.Reported Earnings • Oct 25Third quarter 2022 earnings released: EPS: CN¥0.28 (vs CN¥0.21 in 3Q 2021)Third quarter 2022 results: EPS: CN¥0.28 (up from CN¥0.21 in 3Q 2021). Revenue: CN¥659.9m (up 53% from 3Q 2021). Net income: CN¥80.3m (up 31% from 3Q 2021). Profit margin: 12% (down from 14% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 21% p.a. on average during the next 3 years, compared to a 19% growth forecast for the Luxury industry in China. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.Reported Earnings • Aug 24Second quarter 2022 earnings released: EPS: CN¥0.16 (vs CN¥0.33 in 2Q 2021)Second quarter 2022 results: EPS: CN¥0.16 (down from CN¥0.33 in 2Q 2021). Revenue: CN¥481.4m (down 8.9% from 2Q 2021). Net income: CN¥47.5m (down 50% from 2Q 2021). Profit margin: 9.9% (down from 18% in 2Q 2021). 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 6% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Aug 18Investor sentiment improved over the past weekAfter last week's 15% share price gain to CN¥13.13, the stock trades at a trailing P/E ratio of 23.2x. Average trailing P/E is 22x in the Luxury industry in China. Total returns to shareholders of 25% over the past three years.Valuation Update With 7 Day Price Move • Jul 29Investor sentiment improved over the past weekAfter last week's 16% share price gain to CN¥12.86, the stock trades at a trailing P/E ratio of 22.7x. Average trailing P/E is 21x in the Luxury industry in China. Total returns to shareholders of 17% over the past three years.Valuation Update With 7 Day Price Move • Jun 14Investor sentiment improved over the past weekAfter last week's 25% share price gain to CN¥12.32, the stock trades at a trailing P/E ratio of 21.8x. Average trailing P/E is 21x in the Luxury industry in China. Total returns to shareholders of 2.7% over the past three years.공고 • May 24Xingye Leather Technology Co., Ltd. Announces Cash Dividend, Payable on May 27, 2022Xingye Leather Technology Co., Ltd. announced 2021 final profit distribution plan to be implemented (A shares) as Cash dividend/10 shares (tax included): CNY 3.00000000. Record date as 26 May 2022, ex-date as May 27, 2022 and payment date as May 27, 2022.공고 • May 19Xingye Leather Technology Co., Ltd. Approves Cash Dividend for the Year 2021Xingye Leather Technology Co., Ltd. at the AGM, the shareholders approved a cash dividend of CNY 3.00000000 per 10 shares (tax included) for the year 2021.공고 • Apr 27Xingye Leather Technology Co., Ltd. Proposes Final Cash Dividend for 2021Xingye Leather Technology Co., Ltd. announced on 26 April 2022 the profit distribution proposal for 2021 as final cash dividend per 10 shares (tax included) of CNY 3.00000000.Reported Earnings • Apr 27First quarter 2022 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2022 results: EPS: CN¥0.013 (down from CN¥0.069 in 1Q 2021). Revenue: CN¥259.3m (down 5.8% from 1Q 2021). Net income: CN¥3.89m (down 81% from 1Q 2021). Profit margin: 1.5% (down from 7.3% in 1Q 2021). Revenue exceeded analyst estimates by 15%. Earnings per share (EPS) also surpassed analyst estimates by 96%. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has fallen by 22% per year, which means it is significantly lagging earnings.Buying Opportunity • Mar 29Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 8.8%. The fair value is estimated to be CN¥12.70, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 4.3% per annum over the last 3 years. Earnings per share has grown by 25% per annum over the last 3 years.Buying Opportunity • Mar 08Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 6.2%. The fair value is estimated to be CN¥12.73, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 4.3% per annum over the last 3 years. Earnings per share has grown by 25% per annum over the last 3 years.Buying Opportunity • Jan 27Now 22% undervalued after recent price dropOver the last 90 days, the stock is down 4.3%. The fair value is estimated to be CN¥12.92, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 4.3% per annum over the last 3 years. Earnings per share has grown by 25% per annum over the last 3 years.Reported Earnings • Oct 26Third quarter 2021 earnings released: EPS CN¥0.21 (vs CN¥0.15 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: CN¥431.7m (up 2.1% from 3Q 2020). Net income: CN¥61.5m (up 42% from 3Q 2020). Profit margin: 14% (up from 10% in 3Q 2020). The increase in margin was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth.Reported Earnings • Aug 18Second quarter 2021 earnings released: EPS CN¥0.33 (vs CN¥0.024 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CN¥528.3m (up 77% from 2Q 2020). Net income: CN¥95.8m (up CN¥88.7m from 2Q 2020). Profit margin: 18% (up from 2.4% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has increased by 26% per year, which means it is tracking significantly ahead of earnings growth.Reported Earnings • Apr 14Full year 2020 earnings released: EPS CN¥0.39 (vs CN¥0.39 in FY 2019)The company reported a soft full year result with weaker earnings and revenues, although profit margins were improved. Full year 2020 results: Revenue: CN¥1.46b (down 8.0% from FY 2019). Net income: CN¥115.5m (down 2.1% from FY 2019). Profit margin: 7.9% (up from 7.4% in FY 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.공고 • Mar 09Xingye Leather Technology Co., Ltd. to Report Fiscal Year 2020 Results on Apr 20, 2021Xingye Leather Technology Co., Ltd. announced that they will report fiscal year 2020 results on Apr 20, 2021Valuation Update With 7 Day Price Move • Dec 29Investor sentiment improved over the past weekAfter last week's 17% share price gain to CN¥12.33, the stock is trading at a trailing P/E ratio of 52.9x, up from the previous P/E ratio of 45.3x. This compares to an average P/E of 28x in the Luxury industry in China. Total returns to shareholders over the past three years are 37%.Is New 90 Day High Low • Dec 22New 90-day low: CN¥10.57The company is down 22% from its price of CN¥13.60 on 23 September 2020. The Chinese market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Luxury industry, which is down 5.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥1.98 per share.Valuation Update With 7 Day Price Move • Dec 15Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to CN¥15.49, the stock is trading at a trailing P/E ratio of 66.4x, down from the previous P/E ratio of 78.9x. This compares to an average P/E of 33x in the Luxury industry in China. Total returns to shareholders over the past three years are 72%.Is New 90 Day High Low • Nov 18New 90-day high: CN¥18.88The company is up 31% from its price of CN¥14.40 on 20 August 2020. The Chinese market is down 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Luxury industry, which is flat over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥1.84 per share.Valuation Update With 7 Day Price Move • Nov 12Market bids up stock over the past weekAfter last week's 15% share price gain to CN¥18.35, the stock is trading at a trailing P/E ratio of 78.7x, up from the previous P/E ratio of 68.2x. This compares to an average P/E of 33x in the Luxury industry in China. Total returns to shareholders over the past three years are 85%.Valuation Update With 7 Day Price Move • Nov 06Market bids up stock over the past weekAfter last week's 16% share price gain to CN¥16.93, the stock is trading at a trailing P/E ratio of 72.6x, up from the previous P/E ratio of 62.7x. This compares to an average P/E of 32x in the Luxury industry in China. Total returns to shareholders over the past three years are 68%.Is New 90 Day High Low • Nov 02New 90-day high: CN¥15.34The company is up 14% from its price of CN¥13.49 on 04 August 2020. The Chinese market is down 6.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Luxury industry, which is down 5.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥1.89 per share.Valuation Update With 7 Day Price Move • Nov 02Market bids up stock over the past weekAfter last week's 23% share price gain to CN¥15.34, the stock is trading at a trailing P/E ratio of 65.8x, up from the previous P/E ratio of 53.5x. This compares to an average P/E of 30x in the Luxury industry in China. Total returns to shareholders over the past three years are 55%.Reported Earnings • Oct 28Third quarter earnings releasedOver the last 12 months the company has reported total profits of CN¥69.3m, down 55% from the prior year. Total revenue was CN¥1.34b over the last 12 months, down 18% from the prior year.Price Target Changed • Oct 27Price target raised to CN¥10.07Up from CN¥8.90, the current price target is an average from 2 analysts. The new target price is 22% below the current share price of CN¥12.86. As of last close, the stock is up 2.1% over the past year.공고 • Oct 20Xingye Leather Technology Co., Ltd. to Report Q3, 2020 Results on Oct 27, 2020Xingye Leather Technology Co., Ltd. announced that they will report Q3, 2020 results on Oct 27, 2020Valuation Update With 7 Day Price Move • Oct 15Market bids up stock over the past weekAfter last week's 16% share price gain to CN¥12.76, the stock is trading at a trailing P/E ratio of 75.5x, up from the previous P/E ratio of 65.2x. This compares to an average P/E of 29x in the Luxury industry in China. Total returns to shareholders over the past three years are 25%.공고 • Aug 04Xingye Leather Technology Co., Ltd. to Report First Half, 2020 Results on Aug 25, 2020Xingye Leather Technology Co., Ltd. announced that they will report first half, 2020 results on Aug 25, 2020이익 및 매출 성장 예측SZSE:002674 - 애널리스트 향후 추정치 및 과거 재무 데이터 (CNY Millions)날짜매출이익자유현금흐름영업현금흐름평균 애널리스트 수12/31/20273,509189N/A236112/31/20263,243156N/A27713/31/20262,94910593232N/A12/31/20252,986101249380N/A9/30/20252,95172248412N/A6/30/20253,02911687268N/A3/31/20252,981126162349N/A12/31/20242,95114284310N/A9/30/20242,773122-51189N/A6/30/20242,76515159269N/A3/31/20242,83219380298N/A12/31/20232,700186-14725N/A9/30/20232,528192-321-154N/A6/30/20232,443192-374-196N/A3/31/20232,193175-479-315N/A1/1/20231,988151-274-111N/A9/30/20221,891136-18110N/A6/30/20221,663117-4558N/A3/31/20221,710165294N/A12/31/20211,72618159135N/A9/30/20211,843247136195N/A6/30/20211,835229212266N/A3/31/20211,605141207247N/A12/31/20201,460116139179N/A9/30/20201,343694285N/A6/30/20201,31751146194N/A3/31/20201,4049159112N/A12/31/20191,587118N/A43N/A9/30/20191,633155N/A148N/A6/30/20191,732151N/A97N/A3/31/20191,785128N/A217N/A12/31/20181,807116N/A385N/A9/30/20181,99866N/A535N/A6/30/20181,97455N/A483N/A3/31/20182,02943N/A402N/A12/31/20172,11345N/A36N/A9/30/20172,22765N/A67N/A6/30/20172,45378N/A-7N/A3/31/20172,56074N/A32N/A12/31/20162,56663N/A420N/A9/30/20162,41646N/A315N/A6/30/20162,4379N/A314N/A3/31/20162,45311N/A178N/A12/31/20152,35813N/A-81N/A9/30/20152,40831N/A-159N/A더 보기애널리스트 향후 성장 전망수입 대 저축률: 002674 의 연간 예상 수익 증가율(31.4%)이 saving rate(2.4%)보다 높습니다.수익 vs 시장: 002674 의 연간 수익(31.4%)이 CN 시장(25.9%)보다 빠르게 성장할 것으로 예상됩니다.고성장 수익: 002674 의 수입은 향후 3년 동안 상당히 증가할 것으로 예상됩니다.수익 대 시장: 002674 의 수익(연간 9.8%)이 CN 시장(연간 16%)보다 느리게 성장할 것으로 예상됩니다.고성장 매출: 002674 의 수익(연간 9.8%)은 연간 20%보다 느리게 증가할 것으로 예상됩니다.주당순이익 성장 예측향후 자기자본이익률미래 ROE: 002674의 자본 수익률이 3년 후 높을 것으로 예상되는지 판단하기에 데이터가 부족합니다.성장 기업 찾아보기7D1Y7D1Y7D1YConsumer-durables 산업의 고성장 기업.View Past Performance기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/07/27 19:33종가2026/07/27 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 모델의 세부 정보는 당사의 GitHub 페이지에서 확인하실 수 있습니다. 또한 보고서 사용 방법에 대한 가이드와 YouTube 튜토리얼도 제공하고 있습니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Xingye Leather Technology Co., Ltd.는 3명의 분석가가 다루고 있습니다. 이 중 1명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Junhao FanChina International Capital Corporation LimitedChongguang FengCitic Securities Co., Ltd.Jie LiEverbright Securities Co. Ltd.
Price Target Changed • Oct 27Price target raised to CN¥10.07Up from CN¥8.90, the current price target is an average from 2 analysts. The new target price is 22% below the current share price of CN¥12.86. As of last close, the stock is up 2.1% over the past year.
Valuation Update With 7 Day Price Move • Jul 16Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to CN¥25.84, the stock trades at a forward P/E ratio of 46x. Average forward P/E is 14x in the Luxury industry in China. Total returns to shareholders of 118% over the past three years.
공고 • Jun 30Xingye Leather Technology Co., Ltd. to Report First Half, 2026 Results on Aug 25, 2026Xingye Leather Technology Co., Ltd. announced that they will report first half, 2026 results on Aug 25, 2026
New Risk • Jun 29New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 8.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company.
Valuation Update With 7 Day Price Move • Jun 22Investor sentiment improves as stock rises 18%After last week's 18% share price gain to CN¥19.69, the stock trades at a forward P/E ratio of 35x. Average forward P/E is 14x in the Luxury industry in China. Total returns to shareholders of 86% over the past three years.
Valuation Update With 7 Day Price Move • May 25Investor sentiment improves as stock rises 17%After last week's 17% share price gain to CN¥15.97, the stock trades at a forward P/E ratio of 29x. Average forward P/E is 14x in the Luxury industry in China. Total returns to shareholders of 58% over the past three years.
공고 • Apr 28Xingye Leather Technology Co., Ltd., Annual General Meeting, May 19, 2026Xingye Leather Technology Co., Ltd., Annual General Meeting, May 19, 2026, at 14:30 China Standard Time. Location: The Company's Meeting Room, Jinjiang, Fujian China
공고 • Mar 31Xingye Leather Technology Co., Ltd. to Report Q1, 2026 Results on Apr 28, 2026Xingye Leather Technology Co., Ltd. announced that they will report Q1, 2026 results on Apr 28, 2026
Valuation Update With 7 Day Price Move • Mar 23Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to CN¥11.93, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 15x in the Luxury industry in China. Total returns to shareholders of 18% over the past three years.
Board Change • Jan 01Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. 5 highly experienced directors. Independent Director Zhongchuan Dai was the last director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.
공고 • Dec 31Xingye Leather Technology Co., Ltd. to Report Fiscal Year 2025 Results on Apr 28, 2026Xingye Leather Technology Co., Ltd. announced that they will report fiscal year 2025 results on Apr 28, 2026
New Risk • Oct 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: 2.4% Last year net profit margin: 4.4% 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: Major Risk Share price has been highly volatile over the past 3 months (10% average weekly change). 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 (2.4% net profit margin).
공고 • Sep 30Xingye Leather Technology Co., Ltd. to Report Q3, 2025 Results on Oct 29, 2025Xingye Leather Technology Co., Ltd. announced that they will report Q3, 2025 results on Oct 29, 2025
Valuation Update With 7 Day Price Move • Sep 23Investor sentiment improves as stock rises 21%After last week's 21% share price gain to CN¥17.11, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 15x in the Luxury industry in China. Total returns to shareholders of 64% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥7.23 per share.
Valuation Update With 7 Day Price Move • Sep 09Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CN¥14.85, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 16x in the Luxury industry in China. Total returns to shareholders of 23% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥7.18 per share.
New Risk • Sep 02New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 25% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. 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. Share price has been volatile over the past 3 months (7.7% average weekly change). Large one-off items impacting financial results.
Valuation Update With 7 Day Price Move • Aug 21Investor sentiment improves as stock rises 24%After last week's 24% share price gain to CN¥13.79, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 17x in the Luxury industry in China. Total returns to shareholders of 19% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥7.01 per share.
New Risk • Aug 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 6.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (6.6% average weekly change). Profit margins are more than 30% lower than last year (4.2% net profit margin).
공고 • Jul 02Xingye Leather Technology Co., Ltd. to Report First Half, 2025 Results on Aug 26, 2025Xingye Leather Technology Co., Ltd. announced that they will report first half, 2025 results on Aug 26, 2025
New Risk • Apr 27New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 38% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Dividend is not well covered by earnings and cash flows. Payout ratio: 143% Cash payout ratio: 108% Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (4.2% net profit margin).
Reported Earnings • Apr 27First quarter 2025 earnings released: EPS: CN¥0.064 (vs CN¥0.12 in 1Q 2024)First quarter 2025 results: EPS: CN¥0.064 (down from CN¥0.12 in 1Q 2024). Revenue: CN¥627.0m (up 5.0% from 1Q 2024). Net income: CN¥18.9m (down 45% from 1Q 2024). Profit margin: 3.0% (down from 5.8% in 1Q 2024). Revenue is forecast to grow 13% p.a. on average during the next 2 years, compared to a 12% growth forecast for the Luxury industry in China. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings.
공고 • Apr 26Xingye Leather Technology Co., Ltd., Annual General Meeting, May 19, 2025Xingye Leather Technology Co., Ltd., Annual General Meeting, May 19, 2025, at 14:30 China Standard Time. Location: The Company's Meeting Room, Jinjiang, Fujian China
공고 • Mar 31Xingye Leather Technology Co., Ltd. to Report Q1, 2025 Results on Apr 26, 2025Xingye Leather Technology Co., Ltd. announced that they will report Q1, 2025 results on Apr 26, 2025
공고 • Dec 31Xingye Leather Technology Co., Ltd. to Report Fiscal Year 2024 Results on Apr 26, 2025Xingye Leather Technology Co., Ltd. announced that they will report fiscal year 2024 results on Apr 26, 2025
Valuation Update With 7 Day Price Move • Nov 06Investor sentiment improves as stock rises 17%After last week's 17% share price gain to CN¥10.63, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 12x in the Luxury industry in China. Total returns to shareholders of 13% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥7.52 per share.
Buy Or Sell Opportunity • Nov 04Now 26% overvalued after recent price riseOver the last 90 days, the stock has risen 5.2% to CN¥9.43. The fair value is estimated to be CN¥7.48, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 20% over the last 3 years. Earnings per share has declined by 5.5%. Revenue is forecast to grow by 37% in 2 years. Earnings are forecast to grow by 137% in the next 2 years.
분석 기사 • Nov 04Investors Can Find Comfort In Xingye Leather Technology's (SZSE:002674) Earnings QualityInvestors were disappointed with the weak earnings posted by Xingye Leather Technology Co., Ltd. ( SZSE:002674 ). While...
Reported Earnings • Oct 29Third quarter 2024 earnings released: EPS: CN¥0.18 (vs CN¥0.28 in 3Q 2023)Third quarter 2024 results: EPS: CN¥0.18 (down from CN¥0.28 in 3Q 2023). Revenue: CN¥752.4m (up 1.1% from 3Q 2023). Net income: CN¥52.6m (down 35% from 3Q 2023). Profit margin: 7.0% (down from 11% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Luxury industry in China. Over the last 3 years on average, earnings per share has fallen by 6% per year whereas the company’s share price has fallen by 5% per year.
Buy Or Sell Opportunity • Oct 14Now 21% overvaluedOver the last 90 days, the stock has fallen 1.8% to CN¥8.88. The fair value is estimated to be CN¥7.34, 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. Earnings per share has declined by 5.6%. Revenue is forecast to grow by 32% in 2 years. Earnings are forecast to grow by 83% in the next 2 years.
공고 • Sep 30Xingye Leather Technology Co., Ltd. to Report Q3, 2024 Results on Oct 29, 2024Xingye Leather Technology Co., Ltd. announced that they will report Q3, 2024 results on Oct 29, 2024
Valuation Update With 7 Day Price Move • Sep 30Investor sentiment improves as stock rises 21%After last week's 21% share price gain to CN¥9.62, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 12x in the Luxury industry in China. Total loss to shareholders of 2.2% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥7.38 per share.
Buy Or Sell Opportunity • Sep 27Now 22% overvaluedOver the last 90 days, the stock has fallen 13% to CN¥8.90. The fair value is estimated to be CN¥7.29, 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. Earnings per share has declined by 5.6%. Revenue is forecast to grow by 32% in 2 years. Earnings are forecast to grow by 83% in the next 2 years.
분석 기사 • Aug 22Xingye Leather Technology Co., Ltd. (SZSE:002674) Analysts Just Cut Their EPS Forecasts SubstantiallyThe analysts covering Xingye Leather Technology Co., Ltd. ( SZSE:002674 ) delivered a dose of negativity to...
Reported Earnings • Aug 20Second quarter 2024 earnings released: EPS: CN¥0.077 (vs CN¥0.22 in 2Q 2023)Second quarter 2024 results: EPS: CN¥0.077 (down from CN¥0.22 in 2Q 2023). Revenue: CN¥664.5m (down 9.2% from 2Q 2023). Net income: CN¥22.5m (down 65% from 2Q 2023). Profit margin: 3.4% (down from 8.8% in 2Q 2023). Revenue is forecast to grow 19% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Luxury industry in China. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has fallen by 19% per year, which means it is performing significantly worse than earnings.
공고 • Jun 29Xingye Leather Technology Co., Ltd. to Report First Half, 2024 Results on Aug 20, 2024Xingye Leather Technology Co., Ltd. announced that they will report first half, 2024 results on Aug 20, 2024
Declared Dividend • May 24Dividend increased to CN¥0.60Dividend of CN¥0.60 is 20% higher than last year. Ex-date: 29th May 2024 Payment date: 29th May 2024 Dividend yield will be 5.1%, which is higher than the industry average of 3.3%. Sustainability & Growth Dividend is not adequately covered by earnings (91% earnings payout ratio) nor is it covered by cash flows (219% cash payout ratio). The dividend has increased by an average of 12% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 1.1% to bring the payout ratio under control. EPS is expected to grow by 101% over the next 3 years, which is sufficient to bring the dividend into a sustainable range.
Reported Earnings • Apr 24First quarter 2024 earnings released: EPS: CN¥0.12 (vs CN¥0.097 in 1Q 2023)First quarter 2024 results: EPS: CN¥0.12 (up from CN¥0.097 in 1Q 2023). Revenue: CN¥596.9m (up 29% from 1Q 2023). Net income: CN¥34.6m (up 22% from 1Q 2023). Profit margin: 5.8% (down from 6.1% in 1Q 2023). Revenue is forecast to grow 21% p.a. on average during the next 2 years, compared to a 15% growth forecast for the Luxury industry in China. Over the last 3 years on average, earnings per share has remained flat whereas the company’s share price has increased by 1% per year.
분석 기사 • Apr 24Here's Why We Think Xingye Leather Technology (SZSE:002674) Might Deserve Your Attention TodayIt's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story...
공고 • Apr 23Xingye Leather Technology Co., Ltd., Annual General Meeting, May 15, 2024Xingye Leather Technology Co., Ltd., Annual General Meeting, May 15, 2024, at 14:30 China Standard Time. Location: The Company's Meeting Room, Jinjiang, Fujian China
공고 • Mar 30Xingye Leather Technology Co., Ltd. to Report Q1, 2024 Results on Apr 23, 2024Xingye Leather Technology Co., Ltd. announced that they will report Q1, 2024 results on Apr 23, 2024
Valuation Update With 7 Day Price Move • Feb 02Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to CN¥9.39, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 13x in the Luxury industry in China. Total loss to shareholders of 12% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥5.33 per share.
공고 • Dec 29Xingye Leather Technology Co., Ltd. to Report Fiscal Year 2023 Results on Apr 23, 2024Xingye Leather Technology Co., Ltd. announced that they will report fiscal year 2023 results on Apr 23, 2024
Reported Earnings • Nov 02Third quarter 2023 earnings released: EPS: CN¥0.28 (vs CN¥0.28 in 3Q 2022)Third quarter 2023 results: EPS: CN¥0.28 (up from CN¥0.28 in 3Q 2022). Revenue: CN¥744.5m (up 13% from 3Q 2022). Net income: CN¥80.7m (flat on 3Q 2022). Profit margin: 11% (down from 12% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 23% p.a. on average during the next 3 years, compared to a 17% growth forecast for the Luxury industry in China. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings.
Reported Earnings • Aug 22Second quarter 2023 earnings released: EPS: CN¥0.22 (vs CN¥0.16 in 2Q 2022)Second quarter 2023 results: EPS: CN¥0.22 (up from CN¥0.16 in 2Q 2022). Revenue: CN¥732.0m (up 52% from 2Q 2022). Net income: CN¥64.5m (up 36% from 2Q 2022). Profit margin: 8.8% (down from 9.9% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 21% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Luxury industry in China. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.
공고 • Jul 01Xingye Leather Technology Co., Ltd. to Report Q2, 2023 Results on Aug 22, 2023Xingye Leather Technology Co., Ltd. announced that they will report Q2, 2023 results on Aug 22, 2023
공고 • Jun 03Xingye Leather Technology Co., Ltd. Implements Final Cash Dividend of A Shares for 2022, Payable on June 09, 2023Xingye Leather Technology Co., Ltd. implemented final cash dividend of CNY 5.00000000 per ten A shares (tax included) for 2022. Record date: 08 June 2023; Ex-date: 09 June 2023; Payment date: 09 June 2023.
공고 • May 18Xingye Leather Technology Co., Ltd. Approves Cash Dividend for 2022Xingye Leather Technology Co., Ltd. approved Cash dividend/10 shares (tax included): CNY 5.00000000 for 2022, at its Annual General Meeting of 2022 on 16 May 2023.
Reported Earnings • Apr 26First quarter 2023 earnings released: EPS: CN¥0.097 (vs CN¥0.013 in 1Q 2022)First quarter 2023 results: EPS: CN¥0.097 (up from CN¥0.013 in 1Q 2022). Revenue: CN¥464.1m (up 79% from 1Q 2022). Net income: CN¥28.4m (up CN¥24.5m from 1Q 2022). Profit margin: 6.1% (up from 1.5% in 1Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 19% p.a. on average during the next 2 years, compared to a 16% growth forecast for the Luxury industry in China. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.
Board Change • Dec 29Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 5 highly experienced directors. 1 independent director (2 non-independent directors). Non-Independent Director Ke Jinding was the last independent director to join the board, commencing their role in 2013. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
공고 • Dec 28Xingye Leather Technology Co., Ltd. Approves Executive ElectionsXingye Leather Technology Co., Ltd. announced that it has approved election of Cai Zongmiao as non-independent director; and Su Chaoying, Dai Zhongchuan and Chen Shoude as independent directors, at its Extraordinary General Meeting of 2022 held on 26 December 2022.
Reported Earnings • Oct 25Third quarter 2022 earnings released: EPS: CN¥0.28 (vs CN¥0.21 in 3Q 2021)Third quarter 2022 results: EPS: CN¥0.28 (up from CN¥0.21 in 3Q 2021). Revenue: CN¥659.9m (up 53% from 3Q 2021). Net income: CN¥80.3m (up 31% from 3Q 2021). Profit margin: 12% (down from 14% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 21% p.a. on average during the next 3 years, compared to a 19% growth forecast for the Luxury industry in China. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.
Reported Earnings • Aug 24Second quarter 2022 earnings released: EPS: CN¥0.16 (vs CN¥0.33 in 2Q 2021)Second quarter 2022 results: EPS: CN¥0.16 (down from CN¥0.33 in 2Q 2021). Revenue: CN¥481.4m (down 8.9% from 2Q 2021). Net income: CN¥47.5m (down 50% from 2Q 2021). Profit margin: 9.9% (down from 18% in 2Q 2021). 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 6% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Aug 18Investor sentiment improved over the past weekAfter last week's 15% share price gain to CN¥13.13, the stock trades at a trailing P/E ratio of 23.2x. Average trailing P/E is 22x in the Luxury industry in China. Total returns to shareholders of 25% over the past three years.
Valuation Update With 7 Day Price Move • Jul 29Investor sentiment improved over the past weekAfter last week's 16% share price gain to CN¥12.86, the stock trades at a trailing P/E ratio of 22.7x. Average trailing P/E is 21x in the Luxury industry in China. Total returns to shareholders of 17% over the past three years.
Valuation Update With 7 Day Price Move • Jun 14Investor sentiment improved over the past weekAfter last week's 25% share price gain to CN¥12.32, the stock trades at a trailing P/E ratio of 21.8x. Average trailing P/E is 21x in the Luxury industry in China. Total returns to shareholders of 2.7% over the past three years.
공고 • May 24Xingye Leather Technology Co., Ltd. Announces Cash Dividend, Payable on May 27, 2022Xingye Leather Technology Co., Ltd. announced 2021 final profit distribution plan to be implemented (A shares) as Cash dividend/10 shares (tax included): CNY 3.00000000. Record date as 26 May 2022, ex-date as May 27, 2022 and payment date as May 27, 2022.
공고 • May 19Xingye Leather Technology Co., Ltd. Approves Cash Dividend for the Year 2021Xingye Leather Technology Co., Ltd. at the AGM, the shareholders approved a cash dividend of CNY 3.00000000 per 10 shares (tax included) for the year 2021.
공고 • Apr 27Xingye Leather Technology Co., Ltd. Proposes Final Cash Dividend for 2021Xingye Leather Technology Co., Ltd. announced on 26 April 2022 the profit distribution proposal for 2021 as final cash dividend per 10 shares (tax included) of CNY 3.00000000.
Reported Earnings • Apr 27First quarter 2022 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2022 results: EPS: CN¥0.013 (down from CN¥0.069 in 1Q 2021). Revenue: CN¥259.3m (down 5.8% from 1Q 2021). Net income: CN¥3.89m (down 81% from 1Q 2021). Profit margin: 1.5% (down from 7.3% in 1Q 2021). Revenue exceeded analyst estimates by 15%. Earnings per share (EPS) also surpassed analyst estimates by 96%. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has fallen by 22% per year, which means it is significantly lagging earnings.
Buying Opportunity • Mar 29Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 8.8%. The fair value is estimated to be CN¥12.70, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 4.3% per annum over the last 3 years. Earnings per share has grown by 25% per annum over the last 3 years.
Buying Opportunity • Mar 08Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 6.2%. The fair value is estimated to be CN¥12.73, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 4.3% per annum over the last 3 years. Earnings per share has grown by 25% per annum over the last 3 years.
Buying Opportunity • Jan 27Now 22% undervalued after recent price dropOver the last 90 days, the stock is down 4.3%. The fair value is estimated to be CN¥12.92, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 4.3% per annum over the last 3 years. Earnings per share has grown by 25% per annum over the last 3 years.
Reported Earnings • Oct 26Third quarter 2021 earnings released: EPS CN¥0.21 (vs CN¥0.15 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: CN¥431.7m (up 2.1% from 3Q 2020). Net income: CN¥61.5m (up 42% from 3Q 2020). Profit margin: 14% (up from 10% in 3Q 2020). The increase in margin was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Aug 18Second quarter 2021 earnings released: EPS CN¥0.33 (vs CN¥0.024 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CN¥528.3m (up 77% from 2Q 2020). Net income: CN¥95.8m (up CN¥88.7m from 2Q 2020). Profit margin: 18% (up from 2.4% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has increased by 26% per year, which means it is tracking significantly ahead of earnings growth.
Reported Earnings • Apr 14Full year 2020 earnings released: EPS CN¥0.39 (vs CN¥0.39 in FY 2019)The company reported a soft full year result with weaker earnings and revenues, although profit margins were improved. Full year 2020 results: Revenue: CN¥1.46b (down 8.0% from FY 2019). Net income: CN¥115.5m (down 2.1% from FY 2019). Profit margin: 7.9% (up from 7.4% in FY 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.
공고 • Mar 09Xingye Leather Technology Co., Ltd. to Report Fiscal Year 2020 Results on Apr 20, 2021Xingye Leather Technology Co., Ltd. announced that they will report fiscal year 2020 results on Apr 20, 2021
Valuation Update With 7 Day Price Move • Dec 29Investor sentiment improved over the past weekAfter last week's 17% share price gain to CN¥12.33, the stock is trading at a trailing P/E ratio of 52.9x, up from the previous P/E ratio of 45.3x. This compares to an average P/E of 28x in the Luxury industry in China. Total returns to shareholders over the past three years are 37%.
Is New 90 Day High Low • Dec 22New 90-day low: CN¥10.57The company is down 22% from its price of CN¥13.60 on 23 September 2020. The Chinese market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Luxury industry, which is down 5.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥1.98 per share.
Valuation Update With 7 Day Price Move • Dec 15Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to CN¥15.49, the stock is trading at a trailing P/E ratio of 66.4x, down from the previous P/E ratio of 78.9x. This compares to an average P/E of 33x in the Luxury industry in China. Total returns to shareholders over the past three years are 72%.
Is New 90 Day High Low • Nov 18New 90-day high: CN¥18.88The company is up 31% from its price of CN¥14.40 on 20 August 2020. The Chinese market is down 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Luxury industry, which is flat over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥1.84 per share.
Valuation Update With 7 Day Price Move • Nov 12Market bids up stock over the past weekAfter last week's 15% share price gain to CN¥18.35, the stock is trading at a trailing P/E ratio of 78.7x, up from the previous P/E ratio of 68.2x. This compares to an average P/E of 33x in the Luxury industry in China. Total returns to shareholders over the past three years are 85%.
Valuation Update With 7 Day Price Move • Nov 06Market bids up stock over the past weekAfter last week's 16% share price gain to CN¥16.93, the stock is trading at a trailing P/E ratio of 72.6x, up from the previous P/E ratio of 62.7x. This compares to an average P/E of 32x in the Luxury industry in China. Total returns to shareholders over the past three years are 68%.
Is New 90 Day High Low • Nov 02New 90-day high: CN¥15.34The company is up 14% from its price of CN¥13.49 on 04 August 2020. The Chinese market is down 6.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Luxury industry, which is down 5.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥1.89 per share.
Valuation Update With 7 Day Price Move • Nov 02Market bids up stock over the past weekAfter last week's 23% share price gain to CN¥15.34, the stock is trading at a trailing P/E ratio of 65.8x, up from the previous P/E ratio of 53.5x. This compares to an average P/E of 30x in the Luxury industry in China. Total returns to shareholders over the past three years are 55%.
Reported Earnings • Oct 28Third quarter earnings releasedOver the last 12 months the company has reported total profits of CN¥69.3m, down 55% from the prior year. Total revenue was CN¥1.34b over the last 12 months, down 18% from the prior year.
Price Target Changed • Oct 27Price target raised to CN¥10.07Up from CN¥8.90, the current price target is an average from 2 analysts. The new target price is 22% below the current share price of CN¥12.86. As of last close, the stock is up 2.1% over the past year.
공고 • Oct 20Xingye Leather Technology Co., Ltd. to Report Q3, 2020 Results on Oct 27, 2020Xingye Leather Technology Co., Ltd. announced that they will report Q3, 2020 results on Oct 27, 2020
Valuation Update With 7 Day Price Move • Oct 15Market bids up stock over the past weekAfter last week's 16% share price gain to CN¥12.76, the stock is trading at a trailing P/E ratio of 75.5x, up from the previous P/E ratio of 65.2x. This compares to an average P/E of 29x in the Luxury industry in China. Total returns to shareholders over the past three years are 25%.
공고 • Aug 04Xingye Leather Technology Co., Ltd. to Report First Half, 2020 Results on Aug 25, 2020Xingye Leather Technology Co., Ltd. announced that they will report first half, 2020 results on Aug 25, 2020