View ValuationFangda Special Steel Technology 향후 성장Future 기준 점검 1/6Fangda Special Steel Technology (는) 각각 연간 19.5% 및 10.2% 수익과 수익이 증가할 것으로 예상됩니다. EPS는 연간 19.8% 만큼 성장할 것으로 예상됩니다. 자기자본이익률은 3년 후 11.1% 로 예상됩니다.핵심 정보19.5%이익 성장률19.80%EPS 성장률Metals and Mining 이익 성장25.0%매출 성장률10.2%향후 자기자본이익률11.12%애널리스트 커버리지Low마지막 업데이트02 Apr 2026최근 향후 성장 업데이트업데이트 없음모든 업데이트 보기Recent updatesDeclared Dividend • May 27Dividend increased to CN¥0.20Dividend of CN¥0.20 is 506% higher than last year. Ex-date: 29th May 2026 Payment date: 29th May 2026 Dividend yield will be 4.2%, which is higher than the industry average of 2.8%. Sustainability & Growth Dividend is covered by earnings (58% earnings payout ratio) but not covered by cash flows (183% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 72% over the next 3 years, which should provide support to the dividend and adequate earnings cover.New Risk • Apr 28New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 21% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (21% accrual ratio). Minor Risk Dividend is not well covered by cash flows (183% cash payout ratio).공시 • Mar 30Fangda Special Steel Technology Co., Ltd. to Report Q1, 2026 Results on Apr 28, 2026Fangda Special Steel Technology Co., Ltd. announced that they will report Q1, 2026 results on Apr 28, 2026Reported Earnings • Mar 21Full year 2025 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2025 results: EPS: CN¥0.41 (up from CN¥0.11 in FY 2024). Revenue: CN¥18.2b (down 15% from FY 2024). Net income: CN¥942.3m (up 280% from FY 2024). Profit margin: 5.2% (up from 1.1% in FY 2024). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 28%. Earnings per share (EPS) exceeded analyst estimates by 13%. Revenue is forecast to grow 18% p.a. on average during the next 2 years, compared to a 12% growth forecast for the Metals and Mining industry in China. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.공시 • Mar 20Fangda Special Steel Technology Co., Ltd., Annual General Meeting, Apr 10, 2026Fangda Special Steel Technology Co., Ltd., Annual General Meeting, Apr 10, 2026, at 14:30 China Standard Time. Location: 4F, No. 475, Yejin Avenue, Qingshanhu District, Nanchang, Jiangxi ChinaValuation Update With 7 Day Price Move • Feb 27Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CN¥7.23, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 25x in the Metals and Mining industry in China. Total returns to shareholders of 15% over the past three years.공시 • Dec 26Fangda Special Steel Technology Co., Ltd. to Report Fiscal Year 2025 Results on Mar 21, 2026Fangda Special Steel Technology Co., Ltd. announced that they will report fiscal year 2025 results on Mar 21, 2026Reported Earnings • Oct 30Third quarter 2025 earnings released: EPS: CN¥0.16 (vs CN¥0.011 in 3Q 2024)Third quarter 2025 results: EPS: CN¥0.16 (up from CN¥0.011 in 3Q 2024). Revenue: CN¥4.54b (down 26% from 3Q 2024). Net income: CN¥383.7m (up CN¥357.6m from 3Q 2024). Profit margin: 8.5% (up from 0.4% in 3Q 2024). Revenue is forecast to grow 8.8% p.a. on average during the next 3 years, compared to a 9.4% growth forecast for the Metals and Mining industry in China. Over the last 3 years on average, earnings per share has fallen by 37% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.공시 • Sep 30Fangda Special Steel Technology Co., Ltd. to Report Q3, 2025 Results on Oct 30, 2025Fangda Special Steel Technology Co., Ltd. announced that they will report Q3, 2025 results on Oct 30, 2025Valuation Update With 7 Day Price Move • Jul 22Investor sentiment improves as stock rises 18%After last week's 18% share price gain to CN¥6.01, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 18x in the Metals and Mining industry in China. Total loss to shareholders of 7.1% over the past three years.공시 • Jun 30Fangda Special Steel Technology Co., Ltd. to Report First Half, 2025 Results on Aug 27, 2025Fangda Special Steel Technology Co., Ltd. announced that they will report first half, 2025 results on Aug 27, 2025Reported Earnings • Apr 24First quarter 2025 earnings released: EPS: CN¥0.11 (vs CN¥0.042 in 1Q 2024)First quarter 2025 results: EPS: CN¥0.11 (up from CN¥0.042 in 1Q 2024). Revenue: CN¥4.35b (down 26% from 1Q 2024). Net income: CN¥250.3m (up 168% from 1Q 2024). Profit margin: 5.8% (up from 1.6% in 1Q 2024). Revenue is forecast to grow 5.7% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Metals and Mining industry in China. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 58 percentage points per year, which is a significant difference in performance.공시 • Mar 28Fangda Special Steel Technology Co., Ltd. to Report Q1, 2025 Results on Apr 24, 2025Fangda Special Steel Technology Co., Ltd. announced that they will report Q1, 2025 results on Apr 24, 2025공시 • Mar 17Fangda Special Steel Technology Co., Ltd., Annual General Meeting, Apr 08, 2025Fangda Special Steel Technology Co., Ltd., Annual General Meeting, Apr 08, 2025, at 09:00 China Standard Time. Location: No. 475, Yejin Avenue, Qingshanhu District, Nanchang, Jiangxi ChinaReported Earnings • Mar 15Full year 2024 earnings released: EPS: CN¥0.11 (vs CN¥0.29 in FY 2023)Full year 2024 results: EPS: CN¥0.11 (down from CN¥0.29 in FY 2023). Revenue: CN¥21.6b (down 19% from FY 2023). Net income: CN¥247.8m (down 64% from FY 2023). Profit margin: 1.1% (down from 2.6% in FY 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 58 percentage points per year, which is a significant difference in performance.New Risk • Jan 21New major risk - Revenue and earnings growthEarnings have declined by 24% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 24% per year over the past 5 years. High level of non-cash earnings (51% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (1.1% net profit margin).분석 기사 • Jan 09Fangda Special Steel Technology Co., Ltd. (SHSE:600507) Might Not Be As Mispriced As It LooksWith a price-to-earnings (or "P/E") ratio of 29.8x Fangda Special Steel Technology Co., Ltd. ( SHSE:600507 ) may be...공시 • Dec 27Fangda Special Steel Technology Co., Ltd. to Report Fiscal Year 2024 Results on Apr 12, 2025Fangda Special Steel Technology Co., Ltd. announced that they will report fiscal year 2024 results on Apr 12, 2025분석 기사 • Dec 19Fangda Special Steel Technology (SHSE:600507) Is Reinvesting At Lower Rates Of ReturnWhat trends should we look for it we want to identify stocks that can multiply in value over the long term? Typically...분석 기사 • Nov 05Fangda Special Steel Technology's (SHSE:600507) Shareholders Have More To Worry About Than Lackluster EarningsShareholders didn't appear too concerned by Fangda Special Steel Technology Co., Ltd.'s ( SHSE:600507 ) weak earnings...Reported Earnings • Oct 30Third quarter 2024 earnings released: EPS: CN¥0.011 (vs CN¥0.13 in 3Q 2023)Third quarter 2024 results: EPS: CN¥0.011 (down from CN¥0.13 in 3Q 2023). Revenue: CN¥6.11b (down 3.0% from 3Q 2023). Net income: CN¥26.1m (down 91% from 3Q 2023). Profit margin: 0.4% (down from 4.8% in 3Q 2023). The decrease in margin was primarily driven by lower revenue. Revenue is forecast to grow 3.1% p.a. on average during the next 3 years, compared to a 9.4% growth forecast for the Metals and Mining industry in China. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 56 percentage points per year, which is a significant difference in performance.공시 • Oct 15Fangda Special Steel Technology Co., Ltd. (SHSE:600507) announces an Equity Buyback for CNY 110 million worth of its shares.Fangda Special Steel Technology Co., Ltd. (SHSE:600507) announces a share repurchase program. Under the program, the company will repurchase up to CNY 110 million worth of its Class A shares. The shares will be repurchased at no more than CNY 5.50 per share. The purpose of the program is to maintain company value and shareholder rights. The program will be funded from company's own funds. The program will be valid for 3 months, until January 10, 2025.Buy Or Sell Opportunity • Oct 09Now 21% undervaluedOver the last 90 days, the stock has risen 4.1% to CN¥4.07. The fair value is estimated to be CN¥5.17, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.2% over the last 3 years. Earnings per share has declined by 65%. Revenue is forecast to grow by 7.2% in 2 years. Earnings are forecast to grow by 55% in the next 2 years.공시 • Sep 30Fangda Special Steel Technology Co., Ltd. to Report Q3, 2024 Results on Oct 30, 2024Fangda Special Steel Technology Co., Ltd. announced that they will report Q3, 2024 results on Oct 30, 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¥4.37, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 14x in the Metals and Mining industry in China. Total loss to shareholders of 35% over the past three years.Reported Earnings • Aug 30Second quarter 2024 earnings released: EPS: CN¥0.029 (vs CN¥0.081 in 2Q 2023)Second quarter 2024 results: EPS: CN¥0.029 (down from CN¥0.081 in 2Q 2023). Revenue: CN¥6.88b (down 25% from 2Q 2023). Net income: CN¥69.4m (down 61% from 2Q 2023). Profit margin: 1.0% (down from 1.9% in 2Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 5.4% p.a. on average during the next 3 years, compared to a 9.3% growth forecast for the Metals and Mining industry in China. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 41 percentage points per year, which is a significant difference in performance.공시 • Jul 11Fangda Special Steel Technology Co., Ltd. (SHSE:600507) announces an Equity Buyback for CNY 100 million worth of its shares.Fangda Special Steel Technology Co., Ltd. (SHSE:600507) announces a share repurchase program. Under the program, the company will repurchase up to CNY 100 million worth of its Class A shares. The shares will be repurchased at no more than CNY 4.50 per share. The purpose of the program is to maintain company value and shareholder rights. The program will be funded from company's own funds. The program will be valid for 3 months.공시 • Jun 28Fangda Special Steel Technology Co., Ltd. to Report First Half, 2024 Results on Aug 30, 2024Fangda Special Steel Technology Co., Ltd. announced that they will report first half, 2024 results on Aug 30, 2024분석 기사 • May 03Shareholders Can Be Confident That Fangda Special Steel Technology's (SHSE:600507) Earnings Are High QualityEven though Fangda Special Steel Technology Co., Ltd.'s ( SHSE:600507 ) recent earnings release was robust, the market...Reported Earnings • Apr 28First quarter 2024 earnings released: EPS: CN¥0.042 (vs CN¥0.05 in 1Q 2023)First quarter 2024 results: EPS: CN¥0.042 (down from CN¥0.05 in 1Q 2023). Revenue: CN¥5.87b (up 41% from 1Q 2023). Net income: CN¥93.4m (down 13% from 1Q 2023). Profit margin: 1.6% (down from 2.6% in 1Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to stay flat during the next 3 years compared to a 9.7% growth forecast for the Metals and Mining industry in China. Over the last 3 years on average, earnings per share has fallen by 61% per year but the company’s share price has only fallen by 23% per year, which means it has not declined as severely as earnings.공시 • Mar 29Fangda Special Steel Technology Co., Ltd. to Report Q1, 2024 Results on Apr 27, 2024Fangda Special Steel Technology Co., Ltd. announced that they will report Q1, 2024 results on Apr 27, 2024공시 • Mar 16Fangda Special Steel Technology Co., Ltd., Annual General Meeting, Apr 08, 2024Fangda Special Steel Technology Co., Ltd., Annual General Meeting, Apr 08, 2024, at 09:00 China Standard Time.Reported Earnings • Mar 16Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2023 results: EPS: CN¥0.29 (down from CN¥0.43 in FY 2022). Revenue: CN¥26.5b (up 14% from FY 2022). Net income: CN¥688.8m (down 26% from FY 2022). Profit margin: 2.6% (down from 4.0% in FY 2022). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 23%. Earnings per share (EPS) missed analyst estimates by 51%. Revenue is expected to decline by 7.7% p.a. on average during the next 2 years, while revenues in the Metals and Mining industry in China are expected to grow by 11%. Over the last 3 years on average, earnings per share has fallen by 52% per year but the company’s share price has only fallen by 22% per year, which means it has not declined as severely as earnings.공시 • Dec 29Fangda Special Steel Technology Co., Ltd. to Report Fiscal Year 2023 Results on Mar 16, 2024Fangda Special Steel Technology Co., Ltd. announced that they will report fiscal year 2023 results on Mar 16, 2024공시 • Sep 30Fangda Special Steel Technology Co., Ltd. to Report Q3, 2023 Results on Oct 28, 2023Fangda Special Steel Technology Co., Ltd. announced that they will report Q3, 2023 results at 3:00 PM, China Standard Time on Oct 28, 2023Reported Earnings • Aug 30Second quarter 2023 earnings released: EPS: CN¥0.081 (vs CN¥0.17 in 2Q 2022)Second quarter 2023 results: EPS: CN¥0.081 (down from CN¥0.17 in 2Q 2022). Revenue: CN¥9.21b (up 14% from 2Q 2022). Net income: CN¥177.3m (down 54% from 2Q 2022). Profit margin: 1.9% (down from 4.8% in 2Q 2022). Revenue is forecast to stay flat during the next 3 years compared to a 11% growth forecast for the Metals and Mining industry in China. Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings.공시 • Jun 28Fangda Special Steel Technology Co., Ltd. to Report First Half, 2023 Results on Aug 30, 2023Fangda Special Steel Technology Co., Ltd. announced that they will report first half, 2023 results on Aug 30, 2023Reported Earnings • Mar 18Full year 2022 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2022 results: EPS: CN¥0.43 (down from CN¥1.27 in FY 2021). Revenue: CN¥23.2b (up 7.2% from FY 2021). Net income: CN¥926.2m (down 66% from FY 2021). Profit margin: 4.0% (down from 13% in FY 2021). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 6.7%. Earnings per share (EPS) missed analyst estimates by 50%. Revenue is forecast to stay flat during the next 2 years compared to a 12% growth forecast for the Metals and Mining industry in China. Over the last 3 years on average, earnings per share has increased by 2% per year whereas the company’s share price has increased by 6% per year.Reported Earnings • Aug 29Second quarter 2022 earnings released: EPS: CN¥0.17 (vs CN¥0.43 in 2Q 2021)Second quarter 2022 results: EPS: CN¥0.17 (down from CN¥0.43 in 2Q 2021). Revenue: CN¥8.07b (up 39% from 2Q 2021). Net income: CN¥385.6m (down 58% from 2Q 2021). Profit margin: 4.8% (down from 16% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is expected to shrink by 14% compared to a 30% growth forecast for the Metals and Mining industry in China. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Jun 15Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to CN¥7.22, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 15x in the Metals and Mining industry in China. Total returns to shareholders of 55% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥14.15 per share.Reported Earnings • May 02First quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behindFirst quarter 2022 results: EPS: CN¥0.25 (down from CN¥0.26 in 1Q 2021). Revenue: CN¥5.23b (up 30% from 1Q 2021). Net income: CN¥541.3m (down 2.1% from 1Q 2021). Profit margin: 10% (down from 14% in 1Q 2021). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 3.3%. Earnings per share (EPS) missed analyst estimates by 5.9%. Over the next year, revenue is expected to shrink by 5.4% compared to a 27% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.공시 • Feb 24Hainan Xiangjin Industrial Co., Ltd. agreed to acquire a 70% stake in Chenzhou Xinglong Mining Co., Ltd. from Fangda Special Steel Technology Co., Ltd. (SHSE:600507) for CNY 20.6 million.Hainan Xiangjin Industrial Co., Ltd. agreed to acquire a 70% stake in Chenzhou Xinglong Mining Co., Ltd. from Fangda Special Steel Technology Co., Ltd. (SHSE:600507) for CNY 20.6 million on February 21, 2022. Consideration price shall pay in three installments within two years, specifically, Phase 1: Within 5 working days after the signing of the agreement, will pay the equity transfer price of CNY 8 million. The second phase, within 18 months after the signing of the agreement, shall pay 70% of the equity transfer price, namely CNY 14.44 million. Phase 3, within 24 months after the signing of the agreement, shall pay the entire equity transfer price. For the year ended September 30, 2021 Chenzhou Xinglong has Revenue of 0.1302 million, Total Assets 34.5209 million, Net Income -1.2818 million, Total Common Equity -3.9851 million. Fangda Special Steel Technology Co., Ltd. board approved the deal.Reported Earnings • Oct 31Third quarter 2021 earnings released: EPS CN¥0.30 (vs CN¥0.32 in 3Q 2020)The company reported a mediocre third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: CN¥6.12b (up 36% from 3Q 2020). Net income: CN¥664.4m (down 1.7% from 3Q 2020). Profit margin: 11% (down from 15% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.Valuation Update With 7 Day Price Move • Sep 08Investor sentiment improved over the past weekAfter last week's 15% share price gain to CN¥9.34, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 21x in the Metals and Mining industry in China. Total returns to shareholders of 71% over the past three years.Reported Earnings • Aug 29Second quarter 2021 earnings released: EPS CN¥0.43 (vs CN¥0.45 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CN¥5.83b (up 40% from 2Q 2020). Net income: CN¥924.2m (up 68% from 2Q 2020). Profit margin: 16% (up from 13% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.Valuation Update With 7 Day Price Move • Jun 03Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to CN¥7.69, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 18x in the Metals and Mining industry in China. Total returns to shareholders of 20% over the past three years.Reported Earnings • Apr 17First quarter 2021 earnings released: EPS CN¥0.26 (vs CN¥0.13 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: CN¥4.04b (up 27% from 1Q 2020). Net income: CN¥552.8m (up 104% from 1Q 2020). Profit margin: 14% (up from 8.5% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings.Valuation Update With 7 Day Price Move • Mar 18Investor sentiment improved over the past weekAfter last week's 16% share price gain to CN¥9.54, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 20x in the Metals and Mining industry in China. Total returns to shareholders of 10% over the past three years.Reported Earnings • Mar 07Full year 2020 earnings released: EPS CN¥0.99 (vs CN¥0.79 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: CN¥16.6b (up 7.9% from FY 2019). Net income: CN¥2.14b (up 25% from FY 2019). Profit margin: 13% (up from 11% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 22% per year but the company’s share price has only fallen by 12% per year, which means it has not declined as severely as earnings.Analyst Estimate Surprise Post Earnings • Mar 07Earnings beat expectations, revenue disappointsRevenue missed analyst estimates by 2.2%. Earnings per share (EPS) exceeded analyst estimates by 11%. Over the next year, revenue is forecast to grow 4.0%, compared to a 16% growth forecast for the Metals and Mining industry in China.Is New 90 Day High Low • Mar 03New 90-day high: CN¥7.94The company is up 12% from its price of CN¥7.12 on 03 December 2020. The Chinese market is up 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 11% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥29.73 per share.공시 • Jan 21Fangda Special Steel Technology Co., Ltd. to Report Fiscal Year 2020 Results on Mar 17, 2021Fangda Special Steel Technology Co., Ltd. announced that they will report fiscal year 2020 results on Mar 17, 2021Is New 90 Day High Low • Nov 17New 90-day high: CN¥7.57The company is up 32% from its price of CN¥5.72 on 19 August 2020. The Chinese market is down 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 1.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥27.88 per share.Is New 90 Day High Low • Oct 29New 90-day high: CN¥5.98The company is up 6.0% from its price of CN¥5.66 on 31 July 2020. The Chinese market is down 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is down 6.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥27.93 per share.Reported Earnings • Oct 28Third quarter earnings releasedOver the last 12 months the company has reported total profits of CN¥1.93b, up 2.3% from the prior year. Total revenue was CN¥16.2b over the last 12 months, up 3.6% from the prior year.공시 • Jul 10Fangda Special Steel Technology Co., Ltd. to Report First Half, 2020 Results on Aug 28, 2020Fangda Special Steel Technology Co., Ltd. announced that they will report first half, 2020 results on Aug 28, 2020이익 및 매출 성장 예측SHSE:600507 - 애널리스트 향후 추정치 및 과거 재무 데이터 (CNY Millions)날짜매출이익자유현금흐름영업현금흐름평균 애널리스트 수12/31/202825,6251,428N/A1,877112/31/202725,4421,285N/A1,636112/31/202625,2031,074N/A2,11013/31/202617,887800248358N/A12/31/202518,233942428464N/A9/30/202518,566848-60-34N/A6/30/202519,149490-947-916N/A3/31/202520,031405-445-395N/A12/31/202421,560248825876N/A9/30/202423,043291-303-233N/A6/30/202424,2235671,1011,181N/A3/31/202426,0156532,8382,916N/A12/31/202326,507689505594N/A9/30/202326,8404763,6153,685N/A6/30/202327,4423642,9723,066N/A3/31/202332,59865148144N/A12/31/202231,4631,0623,6063,699N/A9/30/202230,0021,7639001,006N/A6/30/202229,2222,2381,9932,084N/A3/31/202222,8702,7205,1985,287N/A12/31/202121,6792,7322,0482,154N/A9/30/202120,7372,7853,5433,660N/A6/30/202119,1122,7963,7033,818N/A3/31/202117,4592,4222,9053,055N/A12/31/202016,6012,1403,5923,740N/A9/30/202016,1511,9314,0884,233N/A6/30/202014,4931,4773,2183,365N/A3/31/202014,6371,5123,2453,366N/A12/31/201915,3891,711N/A1,735N/A9/30/201915,5981,890N/A1,690N/A6/30/201917,3012,676N/A3,224N/A3/31/201917,3592,840N/A2,261N/A12/31/201817,2862,927N/A3,573N/A9/30/201816,6003,315N/A3,882N/A6/30/201815,9113,141N/A2,647N/A3/31/201815,0512,812N/A2,243N/A12/31/201713,9452,540N/A2,554N/A9/30/201713,0161,742N/A2,040N/A6/30/201711,4031,112N/A1,545N/A3/31/20179,983889N/A1,414N/A12/31/20168,924666N/A1,345N/A9/30/20167,869409N/A687N/A6/30/20167,677218N/A912N/A3/31/20167,798101N/A1,180N/A12/31/20158,148106N/A707N/A9/30/20159,142286N/A824N/A6/30/201510,013413N/A1,404N/A더 보기애널리스트 향후 성장 전망수입 대 저축률: 600507 의 연간 예상 수익 증가율(19.5%)이 saving rate(2.4%)보다 높습니다.수익 vs 시장: 600507 의 연간 수익(19.5%)이 CN 시장(27.6%)보다 느리게 성장할 것으로 예상됩니다.고성장 수익: 600507 의 수입은 증가할 것으로 예상되지만 상당히 증가하지는 않을 것입니다.수익 대 시장: 600507 의 수익(연간 10.2%)이 CN 시장(연간 17.1%)보다 느리게 성장할 것으로 예상됩니다.고성장 매출: 600507 의 수익(연간 10.2%)은 연간 20%보다 느리게 증가할 것으로 예상됩니다.주당순이익 성장 예측향후 자기자본이익률미래 ROE: 600507의 자본 수익률은 3년 후 11.1%로 낮을 것으로 예상됩니다.성장 기업 찾아보기7D1Y7D1Y7D1YMaterials 산업의 고성장 기업.View Past Performance기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/06/24 07:00종가2026/06/24 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 소스Fangda Special Steel Technology Co., Ltd.는 4명의 분석가가 다루고 있습니다. 이 중 1명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Xizeng ZHOUCitic Securities Co., Ltd.Li ChenHuatai ResearchYiran LiIndustrial Securities Co. Ltd.1명의 분석가 더 보기
Declared Dividend • May 27Dividend increased to CN¥0.20Dividend of CN¥0.20 is 506% higher than last year. Ex-date: 29th May 2026 Payment date: 29th May 2026 Dividend yield will be 4.2%, which is higher than the industry average of 2.8%. Sustainability & Growth Dividend is covered by earnings (58% earnings payout ratio) but not covered by cash flows (183% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 72% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
New Risk • Apr 28New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 21% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (21% accrual ratio). Minor Risk Dividend is not well covered by cash flows (183% cash payout ratio).
공시 • Mar 30Fangda Special Steel Technology Co., Ltd. to Report Q1, 2026 Results on Apr 28, 2026Fangda Special Steel Technology Co., Ltd. announced that they will report Q1, 2026 results on Apr 28, 2026
Reported Earnings • Mar 21Full year 2025 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2025 results: EPS: CN¥0.41 (up from CN¥0.11 in FY 2024). Revenue: CN¥18.2b (down 15% from FY 2024). Net income: CN¥942.3m (up 280% from FY 2024). Profit margin: 5.2% (up from 1.1% in FY 2024). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 28%. Earnings per share (EPS) exceeded analyst estimates by 13%. Revenue is forecast to grow 18% p.a. on average during the next 2 years, compared to a 12% growth forecast for the Metals and Mining industry in China. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.
공시 • Mar 20Fangda Special Steel Technology Co., Ltd., Annual General Meeting, Apr 10, 2026Fangda Special Steel Technology Co., Ltd., Annual General Meeting, Apr 10, 2026, at 14:30 China Standard Time. Location: 4F, No. 475, Yejin Avenue, Qingshanhu District, Nanchang, Jiangxi China
Valuation Update With 7 Day Price Move • Feb 27Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CN¥7.23, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 25x in the Metals and Mining industry in China. Total returns to shareholders of 15% over the past three years.
공시 • Dec 26Fangda Special Steel Technology Co., Ltd. to Report Fiscal Year 2025 Results on Mar 21, 2026Fangda Special Steel Technology Co., Ltd. announced that they will report fiscal year 2025 results on Mar 21, 2026
Reported Earnings • Oct 30Third quarter 2025 earnings released: EPS: CN¥0.16 (vs CN¥0.011 in 3Q 2024)Third quarter 2025 results: EPS: CN¥0.16 (up from CN¥0.011 in 3Q 2024). Revenue: CN¥4.54b (down 26% from 3Q 2024). Net income: CN¥383.7m (up CN¥357.6m from 3Q 2024). Profit margin: 8.5% (up from 0.4% in 3Q 2024). Revenue is forecast to grow 8.8% p.a. on average during the next 3 years, compared to a 9.4% growth forecast for the Metals and Mining industry in China. Over the last 3 years on average, earnings per share has fallen by 37% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.
공시 • Sep 30Fangda Special Steel Technology Co., Ltd. to Report Q3, 2025 Results on Oct 30, 2025Fangda Special Steel Technology Co., Ltd. announced that they will report Q3, 2025 results on Oct 30, 2025
Valuation Update With 7 Day Price Move • Jul 22Investor sentiment improves as stock rises 18%After last week's 18% share price gain to CN¥6.01, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 18x in the Metals and Mining industry in China. Total loss to shareholders of 7.1% over the past three years.
공시 • Jun 30Fangda Special Steel Technology Co., Ltd. to Report First Half, 2025 Results on Aug 27, 2025Fangda Special Steel Technology Co., Ltd. announced that they will report first half, 2025 results on Aug 27, 2025
Reported Earnings • Apr 24First quarter 2025 earnings released: EPS: CN¥0.11 (vs CN¥0.042 in 1Q 2024)First quarter 2025 results: EPS: CN¥0.11 (up from CN¥0.042 in 1Q 2024). Revenue: CN¥4.35b (down 26% from 1Q 2024). Net income: CN¥250.3m (up 168% from 1Q 2024). Profit margin: 5.8% (up from 1.6% in 1Q 2024). Revenue is forecast to grow 5.7% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Metals and Mining industry in China. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 58 percentage points per year, which is a significant difference in performance.
공시 • Mar 28Fangda Special Steel Technology Co., Ltd. to Report Q1, 2025 Results on Apr 24, 2025Fangda Special Steel Technology Co., Ltd. announced that they will report Q1, 2025 results on Apr 24, 2025
공시 • Mar 17Fangda Special Steel Technology Co., Ltd., Annual General Meeting, Apr 08, 2025Fangda Special Steel Technology Co., Ltd., Annual General Meeting, Apr 08, 2025, at 09:00 China Standard Time. Location: No. 475, Yejin Avenue, Qingshanhu District, Nanchang, Jiangxi China
Reported Earnings • Mar 15Full year 2024 earnings released: EPS: CN¥0.11 (vs CN¥0.29 in FY 2023)Full year 2024 results: EPS: CN¥0.11 (down from CN¥0.29 in FY 2023). Revenue: CN¥21.6b (down 19% from FY 2023). Net income: CN¥247.8m (down 64% from FY 2023). Profit margin: 1.1% (down from 2.6% in FY 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 58 percentage points per year, which is a significant difference in performance.
New Risk • Jan 21New major risk - Revenue and earnings growthEarnings have declined by 24% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 24% per year over the past 5 years. High level of non-cash earnings (51% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (1.1% net profit margin).
분석 기사 • Jan 09Fangda Special Steel Technology Co., Ltd. (SHSE:600507) Might Not Be As Mispriced As It LooksWith a price-to-earnings (or "P/E") ratio of 29.8x Fangda Special Steel Technology Co., Ltd. ( SHSE:600507 ) may be...
공시 • Dec 27Fangda Special Steel Technology Co., Ltd. to Report Fiscal Year 2024 Results on Apr 12, 2025Fangda Special Steel Technology Co., Ltd. announced that they will report fiscal year 2024 results on Apr 12, 2025
분석 기사 • Dec 19Fangda Special Steel Technology (SHSE:600507) Is Reinvesting At Lower Rates Of ReturnWhat trends should we look for it we want to identify stocks that can multiply in value over the long term? Typically...
분석 기사 • Nov 05Fangda Special Steel Technology's (SHSE:600507) Shareholders Have More To Worry About Than Lackluster EarningsShareholders didn't appear too concerned by Fangda Special Steel Technology Co., Ltd.'s ( SHSE:600507 ) weak earnings...
Reported Earnings • Oct 30Third quarter 2024 earnings released: EPS: CN¥0.011 (vs CN¥0.13 in 3Q 2023)Third quarter 2024 results: EPS: CN¥0.011 (down from CN¥0.13 in 3Q 2023). Revenue: CN¥6.11b (down 3.0% from 3Q 2023). Net income: CN¥26.1m (down 91% from 3Q 2023). Profit margin: 0.4% (down from 4.8% in 3Q 2023). The decrease in margin was primarily driven by lower revenue. Revenue is forecast to grow 3.1% p.a. on average during the next 3 years, compared to a 9.4% growth forecast for the Metals and Mining industry in China. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 56 percentage points per year, which is a significant difference in performance.
공시 • Oct 15Fangda Special Steel Technology Co., Ltd. (SHSE:600507) announces an Equity Buyback for CNY 110 million worth of its shares.Fangda Special Steel Technology Co., Ltd. (SHSE:600507) announces a share repurchase program. Under the program, the company will repurchase up to CNY 110 million worth of its Class A shares. The shares will be repurchased at no more than CNY 5.50 per share. The purpose of the program is to maintain company value and shareholder rights. The program will be funded from company's own funds. The program will be valid for 3 months, until January 10, 2025.
Buy Or Sell Opportunity • Oct 09Now 21% undervaluedOver the last 90 days, the stock has risen 4.1% to CN¥4.07. The fair value is estimated to be CN¥5.17, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.2% over the last 3 years. Earnings per share has declined by 65%. Revenue is forecast to grow by 7.2% in 2 years. Earnings are forecast to grow by 55% in the next 2 years.
공시 • Sep 30Fangda Special Steel Technology Co., Ltd. to Report Q3, 2024 Results on Oct 30, 2024Fangda Special Steel Technology Co., Ltd. announced that they will report Q3, 2024 results on Oct 30, 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¥4.37, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 14x in the Metals and Mining industry in China. Total loss to shareholders of 35% over the past three years.
Reported Earnings • Aug 30Second quarter 2024 earnings released: EPS: CN¥0.029 (vs CN¥0.081 in 2Q 2023)Second quarter 2024 results: EPS: CN¥0.029 (down from CN¥0.081 in 2Q 2023). Revenue: CN¥6.88b (down 25% from 2Q 2023). Net income: CN¥69.4m (down 61% from 2Q 2023). Profit margin: 1.0% (down from 1.9% in 2Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 5.4% p.a. on average during the next 3 years, compared to a 9.3% growth forecast for the Metals and Mining industry in China. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 41 percentage points per year, which is a significant difference in performance.
공시 • Jul 11Fangda Special Steel Technology Co., Ltd. (SHSE:600507) announces an Equity Buyback for CNY 100 million worth of its shares.Fangda Special Steel Technology Co., Ltd. (SHSE:600507) announces a share repurchase program. Under the program, the company will repurchase up to CNY 100 million worth of its Class A shares. The shares will be repurchased at no more than CNY 4.50 per share. The purpose of the program is to maintain company value and shareholder rights. The program will be funded from company's own funds. The program will be valid for 3 months.
공시 • Jun 28Fangda Special Steel Technology Co., Ltd. to Report First Half, 2024 Results on Aug 30, 2024Fangda Special Steel Technology Co., Ltd. announced that they will report first half, 2024 results on Aug 30, 2024
분석 기사 • May 03Shareholders Can Be Confident That Fangda Special Steel Technology's (SHSE:600507) Earnings Are High QualityEven though Fangda Special Steel Technology Co., Ltd.'s ( SHSE:600507 ) recent earnings release was robust, the market...
Reported Earnings • Apr 28First quarter 2024 earnings released: EPS: CN¥0.042 (vs CN¥0.05 in 1Q 2023)First quarter 2024 results: EPS: CN¥0.042 (down from CN¥0.05 in 1Q 2023). Revenue: CN¥5.87b (up 41% from 1Q 2023). Net income: CN¥93.4m (down 13% from 1Q 2023). Profit margin: 1.6% (down from 2.6% in 1Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to stay flat during the next 3 years compared to a 9.7% growth forecast for the Metals and Mining industry in China. Over the last 3 years on average, earnings per share has fallen by 61% per year but the company’s share price has only fallen by 23% per year, which means it has not declined as severely as earnings.
공시 • Mar 29Fangda Special Steel Technology Co., Ltd. to Report Q1, 2024 Results on Apr 27, 2024Fangda Special Steel Technology Co., Ltd. announced that they will report Q1, 2024 results on Apr 27, 2024
공시 • Mar 16Fangda Special Steel Technology Co., Ltd., Annual General Meeting, Apr 08, 2024Fangda Special Steel Technology Co., Ltd., Annual General Meeting, Apr 08, 2024, at 09:00 China Standard Time.
Reported Earnings • Mar 16Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2023 results: EPS: CN¥0.29 (down from CN¥0.43 in FY 2022). Revenue: CN¥26.5b (up 14% from FY 2022). Net income: CN¥688.8m (down 26% from FY 2022). Profit margin: 2.6% (down from 4.0% in FY 2022). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 23%. Earnings per share (EPS) missed analyst estimates by 51%. Revenue is expected to decline by 7.7% p.a. on average during the next 2 years, while revenues in the Metals and Mining industry in China are expected to grow by 11%. Over the last 3 years on average, earnings per share has fallen by 52% per year but the company’s share price has only fallen by 22% per year, which means it has not declined as severely as earnings.
공시 • Dec 29Fangda Special Steel Technology Co., Ltd. to Report Fiscal Year 2023 Results on Mar 16, 2024Fangda Special Steel Technology Co., Ltd. announced that they will report fiscal year 2023 results on Mar 16, 2024
공시 • Sep 30Fangda Special Steel Technology Co., Ltd. to Report Q3, 2023 Results on Oct 28, 2023Fangda Special Steel Technology Co., Ltd. announced that they will report Q3, 2023 results at 3:00 PM, China Standard Time on Oct 28, 2023
Reported Earnings • Aug 30Second quarter 2023 earnings released: EPS: CN¥0.081 (vs CN¥0.17 in 2Q 2022)Second quarter 2023 results: EPS: CN¥0.081 (down from CN¥0.17 in 2Q 2022). Revenue: CN¥9.21b (up 14% from 2Q 2022). Net income: CN¥177.3m (down 54% from 2Q 2022). Profit margin: 1.9% (down from 4.8% in 2Q 2022). Revenue is forecast to stay flat during the next 3 years compared to a 11% growth forecast for the Metals and Mining industry in China. Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings.
공시 • Jun 28Fangda Special Steel Technology Co., Ltd. to Report First Half, 2023 Results on Aug 30, 2023Fangda Special Steel Technology Co., Ltd. announced that they will report first half, 2023 results on Aug 30, 2023
Reported Earnings • Mar 18Full year 2022 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2022 results: EPS: CN¥0.43 (down from CN¥1.27 in FY 2021). Revenue: CN¥23.2b (up 7.2% from FY 2021). Net income: CN¥926.2m (down 66% from FY 2021). Profit margin: 4.0% (down from 13% in FY 2021). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 6.7%. Earnings per share (EPS) missed analyst estimates by 50%. Revenue is forecast to stay flat during the next 2 years compared to a 12% growth forecast for the Metals and Mining industry in China. Over the last 3 years on average, earnings per share has increased by 2% per year whereas the company’s share price has increased by 6% per year.
Reported Earnings • Aug 29Second quarter 2022 earnings released: EPS: CN¥0.17 (vs CN¥0.43 in 2Q 2021)Second quarter 2022 results: EPS: CN¥0.17 (down from CN¥0.43 in 2Q 2021). Revenue: CN¥8.07b (up 39% from 2Q 2021). Net income: CN¥385.6m (down 58% from 2Q 2021). Profit margin: 4.8% (down from 16% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is expected to shrink by 14% compared to a 30% growth forecast for the Metals and Mining industry in China. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Jun 15Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to CN¥7.22, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 15x in the Metals and Mining industry in China. Total returns to shareholders of 55% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥14.15 per share.
Reported Earnings • May 02First quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behindFirst quarter 2022 results: EPS: CN¥0.25 (down from CN¥0.26 in 1Q 2021). Revenue: CN¥5.23b (up 30% from 1Q 2021). Net income: CN¥541.3m (down 2.1% from 1Q 2021). Profit margin: 10% (down from 14% in 1Q 2021). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 3.3%. Earnings per share (EPS) missed analyst estimates by 5.9%. Over the next year, revenue is expected to shrink by 5.4% compared to a 27% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.
공시 • Feb 24Hainan Xiangjin Industrial Co., Ltd. agreed to acquire a 70% stake in Chenzhou Xinglong Mining Co., Ltd. from Fangda Special Steel Technology Co., Ltd. (SHSE:600507) for CNY 20.6 million.Hainan Xiangjin Industrial Co., Ltd. agreed to acquire a 70% stake in Chenzhou Xinglong Mining Co., Ltd. from Fangda Special Steel Technology Co., Ltd. (SHSE:600507) for CNY 20.6 million on February 21, 2022. Consideration price shall pay in three installments within two years, specifically, Phase 1: Within 5 working days after the signing of the agreement, will pay the equity transfer price of CNY 8 million. The second phase, within 18 months after the signing of the agreement, shall pay 70% of the equity transfer price, namely CNY 14.44 million. Phase 3, within 24 months after the signing of the agreement, shall pay the entire equity transfer price. For the year ended September 30, 2021 Chenzhou Xinglong has Revenue of 0.1302 million, Total Assets 34.5209 million, Net Income -1.2818 million, Total Common Equity -3.9851 million. Fangda Special Steel Technology Co., Ltd. board approved the deal.
Reported Earnings • Oct 31Third quarter 2021 earnings released: EPS CN¥0.30 (vs CN¥0.32 in 3Q 2020)The company reported a mediocre third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: CN¥6.12b (up 36% from 3Q 2020). Net income: CN¥664.4m (down 1.7% from 3Q 2020). Profit margin: 11% (down from 15% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.
Valuation Update With 7 Day Price Move • Sep 08Investor sentiment improved over the past weekAfter last week's 15% share price gain to CN¥9.34, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 21x in the Metals and Mining industry in China. Total returns to shareholders of 71% over the past three years.
Reported Earnings • Aug 29Second quarter 2021 earnings released: EPS CN¥0.43 (vs CN¥0.45 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CN¥5.83b (up 40% from 2Q 2020). Net income: CN¥924.2m (up 68% from 2Q 2020). Profit margin: 16% (up from 13% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.
Valuation Update With 7 Day Price Move • Jun 03Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to CN¥7.69, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 18x in the Metals and Mining industry in China. Total returns to shareholders of 20% over the past three years.
Reported Earnings • Apr 17First quarter 2021 earnings released: EPS CN¥0.26 (vs CN¥0.13 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: CN¥4.04b (up 27% from 1Q 2020). Net income: CN¥552.8m (up 104% from 1Q 2020). Profit margin: 14% (up from 8.5% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings.
Valuation Update With 7 Day Price Move • Mar 18Investor sentiment improved over the past weekAfter last week's 16% share price gain to CN¥9.54, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 20x in the Metals and Mining industry in China. Total returns to shareholders of 10% over the past three years.
Reported Earnings • Mar 07Full year 2020 earnings released: EPS CN¥0.99 (vs CN¥0.79 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: CN¥16.6b (up 7.9% from FY 2019). Net income: CN¥2.14b (up 25% from FY 2019). Profit margin: 13% (up from 11% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 22% per year but the company’s share price has only fallen by 12% per year, which means it has not declined as severely as earnings.
Analyst Estimate Surprise Post Earnings • Mar 07Earnings beat expectations, revenue disappointsRevenue missed analyst estimates by 2.2%. Earnings per share (EPS) exceeded analyst estimates by 11%. Over the next year, revenue is forecast to grow 4.0%, compared to a 16% growth forecast for the Metals and Mining industry in China.
Is New 90 Day High Low • Mar 03New 90-day high: CN¥7.94The company is up 12% from its price of CN¥7.12 on 03 December 2020. The Chinese market is up 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 11% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥29.73 per share.
공시 • Jan 21Fangda Special Steel Technology Co., Ltd. to Report Fiscal Year 2020 Results on Mar 17, 2021Fangda Special Steel Technology Co., Ltd. announced that they will report fiscal year 2020 results on Mar 17, 2021
Is New 90 Day High Low • Nov 17New 90-day high: CN¥7.57The company is up 32% from its price of CN¥5.72 on 19 August 2020. The Chinese market is down 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 1.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥27.88 per share.
Is New 90 Day High Low • Oct 29New 90-day high: CN¥5.98The company is up 6.0% from its price of CN¥5.66 on 31 July 2020. The Chinese market is down 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is down 6.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥27.93 per share.
Reported Earnings • Oct 28Third quarter earnings releasedOver the last 12 months the company has reported total profits of CN¥1.93b, up 2.3% from the prior year. Total revenue was CN¥16.2b over the last 12 months, up 3.6% from the prior year.
공시 • Jul 10Fangda Special Steel Technology Co., Ltd. to Report First Half, 2020 Results on Aug 28, 2020Fangda Special Steel Technology Co., Ltd. announced that they will report first half, 2020 results on Aug 28, 2020