View Future GrowthMubang High-TechLtd 과거 순이익 실적과거 기준 점검 0/6Mubang High-TechLtd 의 수입은 연평균 -57.8%의 비율로 감소해 온 반면, Leisure 산업은 연평균 2.1%의 비율로 감소했습니다. 매출은 연평균 2.2%의 비율로 감소해 왔습니다.핵심 정보-57.81%순이익 성장률-53.96%주당순이익(EPS) 성장률Leisure 산업 성장률9.25%매출 성장률-2.19%자기자본이익률-4,449.04%순이익률-182.98%다음 순이익 업데이트18 Aug 2026최근 과거 실적 업데이트공시 • Jun 30Mubang High-Tech Co.,Ltd. to Report First Half, 2026 Results on Aug 18, 2026Mubang High-Tech Co.,Ltd. announced that they will report first half, 2026 results on Aug 18, 2026공시 • Mar 30Mubang High-Tech Co.,Ltd. to Report Q1, 2026 Results on Apr 29, 2026Mubang High-Tech Co.,Ltd. announced that they will report Q1, 2026 results on Apr 29, 2026공시 • Dec 26Mubang High-Tech Co.,Ltd. to Report Fiscal Year 2025 Results on Apr 28, 2026Mubang High-Tech Co.,Ltd. announced that they will report fiscal year 2025 results on Apr 28, 2026공시 • Sep 30Mubang High-Tech Co.,Ltd. to Report Q3, 2025 Results on Oct 30, 2025Mubang High-Tech Co.,Ltd. announced that they will report Q3, 2025 results on Oct 30, 2025공시 • Jun 30Mubang High-Tech Co.,Ltd. to Report First Half, 2025 Results on Aug 28, 2025Mubang High-Tech Co.,Ltd. announced that they will report first half, 2025 results on Aug 28, 2025공시 • Mar 28Mubang High-Tech Co.,Ltd. to Report Q1, 2025 Results on Apr 29, 2025Mubang High-Tech Co.,Ltd. announced that they will report Q1, 2025 results on Apr 29, 2025모든 업데이트 보기Recent updates공시 • Jun 30Mubang High-Tech Co.,Ltd. to Report First Half, 2026 Results on Aug 18, 2026Mubang High-Tech Co.,Ltd. announced that they will report first half, 2026 results on Aug 18, 2026New Risk • Jun 21New 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¥242m 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¥242m free cash flow). Earnings have declined by 57% per year over the past 5 years.Board Change • May 20Less than half of directors are independentThere are 7 new directors who have joined the board in the last 3 years. Of these new board members, 3 were independent directors. The company's board is composed of: 7 new directors. 2 experienced directors. 1 highly experienced director. 3 independent directors (4 non-independent directors). Director Dinghui Wu is the most experienced director on the board, commencing their role in 2003. Independent Director Tao Ma was the last independent director to join the board, commencing their role in 2025. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors.공시 • Apr 30Mubang High-Tech Co.,Ltd., Annual General Meeting, May 28, 2026Mubang High-Tech Co.,Ltd., Annual General Meeting, May 28, 2026, at 15:00 China Standard Time. Location: 6F, No. 1099, Jiujiang Street, Honggutan District, Nanchang, Jiangxi China공시 • Mar 30Mubang High-Tech Co.,Ltd. to Report Q1, 2026 Results on Apr 29, 2026Mubang High-Tech Co.,Ltd. announced that they will report Q1, 2026 results on Apr 29, 2026공시 • Dec 26Mubang High-Tech Co.,Ltd. to Report Fiscal Year 2025 Results on Apr 28, 2026Mubang High-Tech Co.,Ltd. announced that they will report fiscal year 2025 results on Apr 28, 2026공시 • Sep 30Mubang High-Tech Co.,Ltd. to Report Q3, 2025 Results on Oct 30, 2025Mubang High-Tech Co.,Ltd. announced that they will report Q3, 2025 results on Oct 30, 2025공시 • Jun 30Mubang High-Tech Co.,Ltd. to Report First Half, 2025 Results on Aug 28, 2025Mubang High-Tech Co.,Ltd. announced that they will report first half, 2025 results on Aug 28, 2025공시 • Apr 30Mubang High-Tech Co.,Ltd., Annual General Meeting, May 20, 2025Mubang High-Tech Co.,Ltd., Annual General Meeting, May 20, 2025, at 14:30 China Standard Time. Location: 6F, No. 1099, Jiujiang Street, Honggutan District, Nanchang, Jiangxi China공시 • Mar 28Mubang High-Tech Co.,Ltd. to Report Q1, 2025 Results on Apr 29, 2025Mubang High-Tech Co.,Ltd. announced that they will report Q1, 2025 results on Apr 29, 2025공시 • Dec 27Mubang High-Tech Co.,Ltd. to Report Fiscal Year 2024 Results on Apr 29, 2025Mubang High-Tech Co.,Ltd. announced that they will report fiscal year 2024 results on Apr 29, 2025Reported Earnings • Oct 30Third quarter 2024 earnings released: CN¥0.20 loss per share (vs CN¥0.023 profit in 3Q 2023)Third quarter 2024 results: CN¥0.20 loss per share (down from CN¥0.023 profit in 3Q 2023). Revenue: CN¥50.7m (down 87% from 3Q 2023). Net loss: CN¥88.7m (down CN¥93.2m from profit in 3Q 2023).공시 • Sep 30Mubang High-Tech Co.,Ltd. to Report Q3, 2024 Results on Oct 30, 2024Mubang High-Tech Co.,Ltd. announced that they will report Q3, 2024 results on Oct 30, 2024Reported Earnings • Aug 30Second quarter 2024 earnings released: CN¥0.23 loss per share (vs CN¥0.052 loss in 2Q 2023)Second quarter 2024 results: CN¥0.23 loss per share (further deteriorated from CN¥0.052 loss in 2Q 2023). Revenue: CN¥89.5m (down 70% from 2Q 2023). Net loss: CN¥121.7m (loss widened 449% from 2Q 2023).New Risk • Aug 28New 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 7.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 55% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (7.3% average weekly change). Shareholders have been diluted in the past year (27% increase in shares outstanding).공시 • Jun 28Mubang High-Tech Co.,Ltd. to Report First Half, 2024 Results on Aug 30, 2024Mubang High-Tech Co.,Ltd. announced that they will report first half, 2024 results on Aug 30, 2024공시 • Jun 15Zheng Qingxiang signed a Share Transfer Agreement completed the acquisition 5.07% stake in Mubang High-Tech Co.,Ltd. (SHSE:603398) from Jumbo Grand International Limited.Zheng Qingxiang signed a Share Transfer Agreement to acquire 5.07% stake in Mubang High-Tech Co.,Ltd. (SHSE:603398) from Jumbo Grand International Limited for CNY 110 million on March 18, 2024. Zheng Qingxiang signed a Share Transfer Agreement completed the acquisition 5.07% stake in Mubang High-Tech Co.,Ltd. (SHSE:603398) from Jumbo Grand International Limited on June 13, 2024.New Risk • May 07New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Currently running at an operating cash loss. This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Earnings have declined by 55% per year over the past 5 years. Minor Risk Shareholders have been diluted in the past year (27% increase in shares outstanding).공시 • Apr 29Mubang High-Tech Co.,Ltd., Annual General Meeting, May 20, 2024Mubang High-Tech Co.,Ltd., Annual General Meeting, May 20, 2024, at 14:30 China Standard Time. Location: 6F, No. 1099, Jiujiang Street, Honggutan District, Nanchang, Jiangxi ChinaReported Earnings • Apr 28First quarter 2024 earnings released: CN¥0.10 loss per share (vs CN¥0.10 profit in 1Q 2023)First quarter 2024 results: CN¥0.10 loss per share (down from CN¥0.10 profit in 1Q 2023). Revenue: CN¥346.2m (flat on 1Q 2023). Net loss: CN¥32.7m (down 197% from profit in 1Q 2023).공시 • Mar 30Mubang High-Tech Co.,Ltd. to Report Q1, 2024 Results on Apr 27, 2024Mubang High-Tech Co.,Ltd. announced that they will report Q1, 2024 results on Apr 27, 2024New Risk • Feb 29New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 27% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (9.3% operating cash flow to total debt). Earnings have declined by 67% per year over the past 5 years. Minor Risk Shareholders have been diluted in the past year (27% increase in shares outstanding).New Risk • Jan 15New 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: Major Risks Debt is not well covered by operating cash flow (9.3% operating cash flow to total debt). Earnings have declined by 67% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (6.6% average weekly change).공시 • Dec 29Mubang High-Tech Co.,Ltd. to Report Fiscal Year 2023 Results on Apr 27, 2024Mubang High-Tech Co.,Ltd. announced that they will report fiscal year 2023 results on Apr 27, 2024Reported Earnings • Nov 02Third quarter 2023 earnings released: EPS: CN¥0.023 (vs CN¥0.004 in 3Q 2022)Third quarter 2023 results: EPS: CN¥0.023 (up from CN¥0.004 in 3Q 2022). Revenue: CN¥376.1m (up 13% from 3Q 2022). Net income: CN¥4.51m (up 144% from 3Q 2022). Profit margin: 1.2% (up from 0.6% in 3Q 2022).Reported Earnings • Aug 31Second quarter 2023 earnings released: CN¥0.052 loss per share (vs CN¥0.064 profit in 2Q 2022)Second quarter 2023 results: CN¥0.052 loss per share (down from CN¥0.064 profit in 2Q 2022). Revenue: CN¥295.1m (down 1.6% from 2Q 2022). Net loss: CN¥22.2m (down 224% from profit in 2Q 2022).Reported Earnings • Apr 29First quarter 2023 earnings released: EPS: CN¥0.10 (vs CN¥0.03 loss in 1Q 2022)First quarter 2023 results: EPS: CN¥0.10 (up from CN¥0.03 loss in 1Q 2022). Revenue: CN¥345.3m (up 302% from 1Q 2022). Net income: CN¥33.7m (up CN¥42.8m from 1Q 2022). Profit margin: 9.7% (up from net loss in 1Q 2022).매출 및 비용 세부 내역Mubang High-TechLtd가 돈을 벌고 사용하는 방법. 최근 발표된 LTM 실적 기준.순이익 및 매출 추이XSSC:603398 매출, 비용 및 순이익 (CNY Millions)날짜매출순이익일반관리비연구개발비31 Mar 26433-792144931 Dec 25389-8201591430 Sep 25253-1,3801551630 Jun 25205-1,3281602331 Mar 25189-1,3491663031 Dec 24277-1,3311543730 Sep 24888-2961266830 Jun 241,227-2011277031 Mar 241,457-891366731 Dec 231,654281546530 Sep 231,243-2231954730 Jun 231,199-2262014331 Mar 231,204-1861834131 Dec 22944-2291633330 Sep 22749-1601232430 Jun 22493-1571021831 Mar 22331-147941631 Dec 21322-138871830 Sep 2141836611930 Jun 2146334611931 Mar 2149133671931 Dec 2050240661930 Sep 2051651781830 Jun 2052069761831 Mar 2048560701831 Dec 1953776741830 Sep 1953173722130 Jun 1951168732031 Mar 1946159701831 Dec 1838942631730 Sep 1835147512030 Jun 1833549471731 Mar 1833357431431 Dec 1733162421130 Sep 173005647030 Jun 172885845031 Mar 172835546031 Dec 162825944030 Sep 162866543030 Jun 163066743031 Mar 163046541031 Dec 153096640030 Sep 1531070370양질의 수익: 603398 은(는) 현재 수익성이 없습니다.이익 마진 증가: 603398는 현재 수익성이 없습니다.잉여현금흐름 대비 순이익 분석과거 순이익 성장 분석수익추이: 603398은 수익성이 없으며 지난 5년 동안 손실이 연평균 57.8% 증가했습니다.성장 가속화: 현재 수익성이 없어 지난 1년간 603398의 수익 성장률을 5년 평균과 비교할 수 없습니다.수익 대 산업: 603398은 수익성이 없어 지난 해 수익 성장률을 Leisure 업계(-5.1%)와 비교하기 어렵습니다.자기자본이익률높은 ROE: 603398는 현재 수익성이 없으므로 자본 수익률이 음수(-4449.04%)입니다.총자산이익률투하자본수익률우수한 과거 실적 기업을 찾아보세요7D1Y7D1Y7D1YConsumer-durables 산업에서 과거 실적이 우수한 기업.View Financial Health기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/07/04 01:33종가2026/07/03 00:00수익2026/03/31연간 수익2025/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 세부 정보는 당사의 Github 페이지에서 확인하실 수 있으며, 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공하고 있습니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Mubang High-Tech Co.,Ltd.는 2명의 분석가가 다루고 있습니다. 이 중 0명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Junhao FanChina International Capital Corporation LimitedYamei LuoIndustrial Securities Co. Ltd.
공시 • Jun 30Mubang High-Tech Co.,Ltd. to Report First Half, 2026 Results on Aug 18, 2026Mubang High-Tech Co.,Ltd. announced that they will report first half, 2026 results on Aug 18, 2026
공시 • Mar 30Mubang High-Tech Co.,Ltd. to Report Q1, 2026 Results on Apr 29, 2026Mubang High-Tech Co.,Ltd. announced that they will report Q1, 2026 results on Apr 29, 2026
공시 • Dec 26Mubang High-Tech Co.,Ltd. to Report Fiscal Year 2025 Results on Apr 28, 2026Mubang High-Tech Co.,Ltd. announced that they will report fiscal year 2025 results on Apr 28, 2026
공시 • Sep 30Mubang High-Tech Co.,Ltd. to Report Q3, 2025 Results on Oct 30, 2025Mubang High-Tech Co.,Ltd. announced that they will report Q3, 2025 results on Oct 30, 2025
공시 • Jun 30Mubang High-Tech Co.,Ltd. to Report First Half, 2025 Results on Aug 28, 2025Mubang High-Tech Co.,Ltd. announced that they will report first half, 2025 results on Aug 28, 2025
공시 • Mar 28Mubang High-Tech Co.,Ltd. to Report Q1, 2025 Results on Apr 29, 2025Mubang High-Tech Co.,Ltd. announced that they will report Q1, 2025 results on Apr 29, 2025
공시 • Jun 30Mubang High-Tech Co.,Ltd. to Report First Half, 2026 Results on Aug 18, 2026Mubang High-Tech Co.,Ltd. announced that they will report first half, 2026 results on Aug 18, 2026
New Risk • Jun 21New 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¥242m 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¥242m free cash flow). Earnings have declined by 57% per year over the past 5 years.
Board Change • May 20Less than half of directors are independentThere are 7 new directors who have joined the board in the last 3 years. Of these new board members, 3 were independent directors. The company's board is composed of: 7 new directors. 2 experienced directors. 1 highly experienced director. 3 independent directors (4 non-independent directors). Director Dinghui Wu is the most experienced director on the board, commencing their role in 2003. Independent Director Tao Ma was the last independent director to join the board, commencing their role in 2025. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors.
공시 • Apr 30Mubang High-Tech Co.,Ltd., Annual General Meeting, May 28, 2026Mubang High-Tech Co.,Ltd., Annual General Meeting, May 28, 2026, at 15:00 China Standard Time. Location: 6F, No. 1099, Jiujiang Street, Honggutan District, Nanchang, Jiangxi China
공시 • Mar 30Mubang High-Tech Co.,Ltd. to Report Q1, 2026 Results on Apr 29, 2026Mubang High-Tech Co.,Ltd. announced that they will report Q1, 2026 results on Apr 29, 2026
공시 • Dec 26Mubang High-Tech Co.,Ltd. to Report Fiscal Year 2025 Results on Apr 28, 2026Mubang High-Tech Co.,Ltd. announced that they will report fiscal year 2025 results on Apr 28, 2026
공시 • Sep 30Mubang High-Tech Co.,Ltd. to Report Q3, 2025 Results on Oct 30, 2025Mubang High-Tech Co.,Ltd. announced that they will report Q3, 2025 results on Oct 30, 2025
공시 • Jun 30Mubang High-Tech Co.,Ltd. to Report First Half, 2025 Results on Aug 28, 2025Mubang High-Tech Co.,Ltd. announced that they will report first half, 2025 results on Aug 28, 2025
공시 • Apr 30Mubang High-Tech Co.,Ltd., Annual General Meeting, May 20, 2025Mubang High-Tech Co.,Ltd., Annual General Meeting, May 20, 2025, at 14:30 China Standard Time. Location: 6F, No. 1099, Jiujiang Street, Honggutan District, Nanchang, Jiangxi China
공시 • Mar 28Mubang High-Tech Co.,Ltd. to Report Q1, 2025 Results on Apr 29, 2025Mubang High-Tech Co.,Ltd. announced that they will report Q1, 2025 results on Apr 29, 2025
공시 • Dec 27Mubang High-Tech Co.,Ltd. to Report Fiscal Year 2024 Results on Apr 29, 2025Mubang High-Tech Co.,Ltd. announced that they will report fiscal year 2024 results on Apr 29, 2025
Reported Earnings • Oct 30Third quarter 2024 earnings released: CN¥0.20 loss per share (vs CN¥0.023 profit in 3Q 2023)Third quarter 2024 results: CN¥0.20 loss per share (down from CN¥0.023 profit in 3Q 2023). Revenue: CN¥50.7m (down 87% from 3Q 2023). Net loss: CN¥88.7m (down CN¥93.2m from profit in 3Q 2023).
공시 • Sep 30Mubang High-Tech Co.,Ltd. to Report Q3, 2024 Results on Oct 30, 2024Mubang High-Tech Co.,Ltd. announced that they will report Q3, 2024 results on Oct 30, 2024
Reported Earnings • Aug 30Second quarter 2024 earnings released: CN¥0.23 loss per share (vs CN¥0.052 loss in 2Q 2023)Second quarter 2024 results: CN¥0.23 loss per share (further deteriorated from CN¥0.052 loss in 2Q 2023). Revenue: CN¥89.5m (down 70% from 2Q 2023). Net loss: CN¥121.7m (loss widened 449% from 2Q 2023).
New Risk • Aug 28New 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 7.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 55% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (7.3% average weekly change). Shareholders have been diluted in the past year (27% increase in shares outstanding).
공시 • Jun 28Mubang High-Tech Co.,Ltd. to Report First Half, 2024 Results on Aug 30, 2024Mubang High-Tech Co.,Ltd. announced that they will report first half, 2024 results on Aug 30, 2024
공시 • Jun 15Zheng Qingxiang signed a Share Transfer Agreement completed the acquisition 5.07% stake in Mubang High-Tech Co.,Ltd. (SHSE:603398) from Jumbo Grand International Limited.Zheng Qingxiang signed a Share Transfer Agreement to acquire 5.07% stake in Mubang High-Tech Co.,Ltd. (SHSE:603398) from Jumbo Grand International Limited for CNY 110 million on March 18, 2024. Zheng Qingxiang signed a Share Transfer Agreement completed the acquisition 5.07% stake in Mubang High-Tech Co.,Ltd. (SHSE:603398) from Jumbo Grand International Limited on June 13, 2024.
New Risk • May 07New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Currently running at an operating cash loss. This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Earnings have declined by 55% per year over the past 5 years. Minor Risk Shareholders have been diluted in the past year (27% increase in shares outstanding).
공시 • Apr 29Mubang High-Tech Co.,Ltd., Annual General Meeting, May 20, 2024Mubang High-Tech Co.,Ltd., Annual General Meeting, May 20, 2024, at 14:30 China Standard Time. Location: 6F, No. 1099, Jiujiang Street, Honggutan District, Nanchang, Jiangxi China
Reported Earnings • Apr 28First quarter 2024 earnings released: CN¥0.10 loss per share (vs CN¥0.10 profit in 1Q 2023)First quarter 2024 results: CN¥0.10 loss per share (down from CN¥0.10 profit in 1Q 2023). Revenue: CN¥346.2m (flat on 1Q 2023). Net loss: CN¥32.7m (down 197% from profit in 1Q 2023).
공시 • Mar 30Mubang High-Tech Co.,Ltd. to Report Q1, 2024 Results on Apr 27, 2024Mubang High-Tech Co.,Ltd. announced that they will report Q1, 2024 results on Apr 27, 2024
New Risk • Feb 29New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 27% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (9.3% operating cash flow to total debt). Earnings have declined by 67% per year over the past 5 years. Minor Risk Shareholders have been diluted in the past year (27% increase in shares outstanding).
New Risk • Jan 15New 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: Major Risks Debt is not well covered by operating cash flow (9.3% operating cash flow to total debt). Earnings have declined by 67% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (6.6% average weekly change).
공시 • Dec 29Mubang High-Tech Co.,Ltd. to Report Fiscal Year 2023 Results on Apr 27, 2024Mubang High-Tech Co.,Ltd. announced that they will report fiscal year 2023 results on Apr 27, 2024
Reported Earnings • Nov 02Third quarter 2023 earnings released: EPS: CN¥0.023 (vs CN¥0.004 in 3Q 2022)Third quarter 2023 results: EPS: CN¥0.023 (up from CN¥0.004 in 3Q 2022). Revenue: CN¥376.1m (up 13% from 3Q 2022). Net income: CN¥4.51m (up 144% from 3Q 2022). Profit margin: 1.2% (up from 0.6% in 3Q 2022).
Reported Earnings • Aug 31Second quarter 2023 earnings released: CN¥0.052 loss per share (vs CN¥0.064 profit in 2Q 2022)Second quarter 2023 results: CN¥0.052 loss per share (down from CN¥0.064 profit in 2Q 2022). Revenue: CN¥295.1m (down 1.6% from 2Q 2022). Net loss: CN¥22.2m (down 224% from profit in 2Q 2022).
Reported Earnings • Apr 29First quarter 2023 earnings released: EPS: CN¥0.10 (vs CN¥0.03 loss in 1Q 2022)First quarter 2023 results: EPS: CN¥0.10 (up from CN¥0.03 loss in 1Q 2022). Revenue: CN¥345.3m (up 302% from 1Q 2022). Net income: CN¥33.7m (up CN¥42.8m from 1Q 2022). Profit margin: 9.7% (up from net loss in 1Q 2022).