View ValuationFujian Kuncai Material Technology 향후 성장Future 기준 점검 6/6Fujian Kuncai Material Technology (는) 각각 연간 72.3% 및 63.9% 수익과 수익이 증가할 것으로 예상됩니다. EPS는 연간 72.3% 만큼 성장할 것으로 예상됩니다. 자기자본이익률은 3년 후 38.3% 로 예상됩니다.핵심 정보72.3%이익 성장률72.33%EPS 성장률Chemicals 이익 성장30.3%매출 성장률63.9%향후 자기자본이익률38.27%애널리스트 커버리지Low마지막 업데이트25 May 2026최근 향후 성장 업데이트Major Estimate Revision • Sep 26Consensus revenue estimates fall by 72%The consensus outlook for revenues in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from CN¥4.77b to CN¥1.32b. EPS estimate fell from CN¥1.63 to CN¥0.17 per share. Net income forecast to grow 342% next year vs 51% growth forecast for Chemicals industry in China. Consensus price target down from CN¥45.00 to CN¥22.00. Share price fell 2.3% to CN¥18.88 over the past week.Major Estimate Revision • Oct 01Consensus revenue estimates fall by 60%The consensus outlook for revenues in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from CN¥3.32b to CN¥1.34b. EPS estimate fell from CN¥1.30 to CN¥0.18 per share. Net income forecast to grow 549% next year vs 45% growth forecast for Chemicals industry in China. Consensus price target down from CN¥46.43 to CN¥45.00. Share price rose 14% to CN¥31.25 over the past week.Major Estimate Revision • Apr 22Consensus revenue estimates decrease by 22%, EPS upgradedThe consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast fell from CN¥4.25b to CN¥3.32b. EPS estimate increased from CN¥1.63 to CN¥1.82 per share. Net income forecast to grow 914% next year vs 43% growth forecast for Chemicals industry in China. Consensus price target of CN¥65.00 unchanged from last update. Share price rose 6.4% to CN¥43.75 over the past week.모든 업데이트 보기Recent updatesNew Risk • May 12New minor risk - Dividend sustainabilityThe dividend is not well covered by earnings. The company is paying a dividend despite being loss-making. Dividend yield: 0.4% This is considered a minor risk. Companies that pay out too much of their earnings are at risk of having to reduce or cut their dividend in future. If earnings growth slows or earnings fall, then there may not be enough earnings to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. However, this risk is mitigated by the fact the dividend is covered by cash flows. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (12% operating cash flow to total debt). Earnings have declined by 41% per year over the past 5 years. Minor Risks Paying a dividend despite being loss-making. Share price has been volatile over the past 3 months (8.8% average weekly change).New Risk • Apr 24New major risk - Revenue and earnings growthEarnings have declined by 41% 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 Debt is not well covered by operating cash flow (12% operating cash flow to total debt). Earnings have declined by 41% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (9.4% average weekly change).Reported Earnings • Apr 23First quarter 2026 earnings released: EPS: CN¥0.11 (vs CN¥0.036 in 1Q 2025)First quarter 2026 results: EPS: CN¥0.11 (up from CN¥0.036 in 1Q 2025). Revenue: CN¥412.3m (up 60% from 1Q 2025). Net income: CN¥74.3m (up 212% from 1Q 2025). Profit margin: 18% (up from 9.3% in 1Q 2025). Revenue is forecast to grow 52% p.a. on average during the next 2 years, compared to a 16% growth forecast for the Chemicals industry in China. Over the last 3 years on average, earnings per share has fallen by 62% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings.공시 • Apr 23Fujian Kuncai Material Technology Co., Ltd., Annual General Meeting, May 20, 2026Fujian Kuncai Material Technology Co., Ltd., Annual General Meeting, May 20, 2026, at 14:30 China Standard Time. Location: The Company's Meeting Room, Fuzhou, Fujian China공시 • Mar 30Fujian Kuncai Material Technology Co., Ltd. to Report Q1, 2026 Results on Apr 23, 2026Fujian Kuncai Material Technology Co., Ltd. announced that they will report Q1, 2026 results on Apr 23, 2026New Risk • Mar 18New 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 7.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.4x net interest cover). Minor Risks Share price has been volatile over the past 3 months (7.9% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (3.5% net profit margin).공시 • Dec 26Fujian Kuncai Material Technology Co., Ltd. to Report Fiscal Year 2025 Results on Apr 23, 2026Fujian Kuncai Material Technology Co., Ltd. announced that they will report fiscal year 2025 results on Apr 23, 2026Reported Earnings • Oct 25Third quarter 2025 earnings released: EPS: CN¥0.018 (vs CN¥0.025 in 3Q 2024)Third quarter 2025 results: EPS: CN¥0.018 (down from CN¥0.025 in 3Q 2024). Revenue: CN¥283.5m (up 8.3% from 3Q 2024). Net income: CN¥11.7m (down 28% from 3Q 2024). Profit margin: 4.1% (down from 6.2% in 3Q 2024). Revenue is forecast to grow 55% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Chemicals industry in China. Over the last 3 years on average, earnings per share has fallen by 21% per year whereas the company’s share price has fallen by 24% per year.공시 • Sep 30Fujian Kuncai Material Technology Co., Ltd. to Report Q3, 2025 Results on Oct 31, 2025Fujian Kuncai Material Technology Co., Ltd. announced that they will report Q3, 2025 results on Oct 31, 2025Major Estimate Revision • Sep 26Consensus revenue estimates fall by 72%The consensus outlook for revenues in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from CN¥4.77b to CN¥1.32b. EPS estimate fell from CN¥1.63 to CN¥0.17 per share. Net income forecast to grow 342% next year vs 51% growth forecast for Chemicals industry in China. Consensus price target down from CN¥45.00 to CN¥22.00. Share price fell 2.3% to CN¥18.88 over the past week.Reported Earnings • Aug 31Second quarter 2025 earnings released: EPS: CN¥0.039 (vs CN¥0.036 in 2Q 2024)Second quarter 2025 results: EPS: CN¥0.039 (up from CN¥0.036 in 2Q 2024). Revenue: CN¥314.6m (up 14% from 2Q 2024). Net income: CN¥25.6m (up 7.2% from 2Q 2024). Profit margin: 8.1% (down from 8.6% in 2Q 2024). Revenue is forecast to grow 25% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Chemicals industry in China. Over the last 3 years on average, earnings per share has fallen by 17% per year whereas the company’s share price has fallen by 22% per year.공시 • Jun 30Fujian Kuncai Material Technology Co., Ltd. to Report First Half, 2025 Results on Aug 26, 2025Fujian Kuncai Material Technology Co., Ltd. announced that they will report first half, 2025 results on Aug 26, 2025공시 • May 13Fujian Kuncai Material Technology Co., Ltd., Annual General Meeting, Jun 12, 2025Fujian Kuncai Material Technology Co., Ltd., Annual General Meeting, Jun 12, 2025, at 14:30 China Standard Time. Location: The Company Wholly-owned Subsidiary's Meeting Room, Fuqing, Fujian ChinaReported Earnings • Apr 28First quarter 2025 earnings releasedFirst quarter 2025 results: Revenue: CN¥257.8m (up 1.1% from 1Q 2024). Net income: CN¥23.9m (up 18% from 1Q 2024). Profit margin: 9.3% (up from 8.0% in 1Q 2024). Revenue is forecast to grow 25% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Chemicals industry in China.New Risk • Apr 27New major risk - Revenue and earnings growthEarnings have declined by 19% 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 Interest payments are not well covered by earnings (2.1x net interest cover). Earnings have declined by 19% per year over the past 5 years. Minor Risk Large one-off items impacting financial results.분석 기사 • Mar 31Fujian Kuncai Material Technology Co., Ltd. (SHSE:603826) Not Lagging Industry On Growth Or PricingWhen close to half the companies in the Chemicals industry in China have price-to-sales ratios (or "P/S") below 2.4x...공시 • Mar 28Fujian Kuncai Material Technology Co., Ltd. to Report Q1, 2025 Results on Apr 26, 2025Fujian Kuncai Material Technology Co., Ltd. announced that they will report Q1, 2025 results on Apr 26, 2025분석 기사 • Mar 09Returns On Capital Signal Tricky Times Ahead For Fujian Kuncai Material Technology (SHSE:603826)Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...분석 기사 • Dec 30Is Fujian Kuncai Material Technology (SHSE:603826) Using Too Much Debt?Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...공시 • Dec 27Fujian Kuncai Material Technology Co., Ltd. to Report Fiscal Year 2024 Results on Apr 26, 2025Fujian Kuncai Material Technology Co., Ltd. announced that they will report fiscal year 2024 results on Apr 26, 2025분석 기사 • Nov 24With A 25% Price Drop For Fujian Kuncai Material Technology Co., Ltd. (SHSE:603826) You'll Still Get What You Pay ForUnfortunately for some shareholders, the Fujian Kuncai Material Technology Co., Ltd. ( SHSE:603826 ) share price has...New Risk • Nov 14New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 27% 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 Interest payments are not well covered by earnings (2.1x net interest cover). Minor Risk Large one-off items impacting financial results.Reported Earnings • Oct 30Third quarter 2024 earnings released: EPS: CN¥0.025 (vs CN¥0.042 in 3Q 2023)Third quarter 2024 results: EPS: CN¥0.025 (down from CN¥0.042 in 3Q 2023). Revenue: CN¥261.7m (up 23% from 3Q 2023). Net income: CN¥16.2m (down 41% from 3Q 2023). Profit margin: 6.2% (down from 13% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 38% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Chemicals industry in China. Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.분석 기사 • Oct 23There Are Reasons To Feel Uneasy About Fujian Kuncai Material Technology's (SHSE:603826) Returns On CapitalTo find a multi-bagger stock, what are the underlying trends we should look for in a business? Firstly, we'll want to...Major Estimate Revision • Oct 01Consensus revenue estimates fall by 60%The consensus outlook for revenues in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from CN¥3.32b to CN¥1.34b. EPS estimate fell from CN¥1.30 to CN¥0.18 per share. Net income forecast to grow 549% next year vs 45% growth forecast for Chemicals industry in China. Consensus price target down from CN¥46.43 to CN¥45.00. Share price rose 14% to CN¥31.25 over the past week.공시 • Sep 30Fujian Kuncai Material Technology Co., Ltd. to Report Q3, 2024 Results on Oct 30, 2024Fujian Kuncai Material Technology Co., Ltd. announced that they will report Q3, 2024 results on Oct 30, 2024분석 기사 • Sep 17Fujian Kuncai Material Technology (SHSE:603826) Has A Somewhat Strained Balance SheetSome say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...New Risk • Aug 19New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Chinese stocks, typically moving 8.9% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (3.6% operating cash flow to total debt). Share price has been highly volatile over the past 3 months (8.9% average weekly change).Reported Earnings • Aug 10Second quarter 2024 earnings released: EPS: CN¥0.085 (vs CN¥0.036 in 2Q 2023)Second quarter 2024 results: EPS: CN¥0.085. Revenue: CN¥276.9m (up 41% from 2Q 2023). Net income: CN¥23.8m (flat on 2Q 2023). Profit margin: 8.6% (down from 12% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 91% p.a. on average during the next 2 years, compared to a 15% growth forecast for the Chemicals industry in China.분석 기사 • Jul 23Fujian Kuncai Material Technology Co., Ltd. (SHSE:603826) Stocks Pounded By 25% But Not Lagging Industry On Growth Or PricingFujian Kuncai Material Technology Co., Ltd. ( SHSE:603826 ) shares have had a horrible month, losing 25% after a...분석 기사 • Jul 16Fujian Kuncai Material Technology (SHSE:603826) Will Want To Turn Around Its Return TrendsIf you're looking for a multi-bagger, there's a few things to keep an eye out for. One common approach is to try and...공시 • Jun 29Fujian Kuncai Material Technology Co., Ltd. to Report First Half, 2024 Results on Aug 10, 2024Fujian Kuncai Material Technology Co., Ltd. announced that they will report first half, 2024 results on Aug 10, 2024분석 기사 • Jun 07Fujian Kuncai Material Technology (SHSE:603826) Takes On Some Risk With Its Use Of DebtSome say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...분석 기사 • May 21The Price Is Right For Fujian Kuncai Material Technology Co., Ltd. (SHSE:603826)When you see that almost half of the companies in the Chemicals industry in China have price-to-sales ratios (or "P/S...공시 • Apr 27Fujian Kuncai Material Technology Co., Ltd., Annual General Meeting, May 16, 2024Fujian Kuncai Material Technology Co., Ltd., Annual General Meeting, May 16, 2024, at 14:30 China Standard Time. Location: The Company Wholly-owned Subsidiary's Meeting Room, Fuqing, Fujian ChinaMajor Estimate Revision • Apr 22Consensus revenue estimates decrease by 22%, EPS upgradedThe consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast fell from CN¥4.25b to CN¥3.32b. EPS estimate increased from CN¥1.63 to CN¥1.82 per share. Net income forecast to grow 914% next year vs 43% growth forecast for Chemicals industry in China. Consensus price target of CN¥65.00 unchanged from last update. Share price rose 6.4% to CN¥43.75 over the past week.Reported Earnings • Apr 17Full year 2023 earnings: EPS and revenues miss analyst expectationsFull year 2023 results: EPS: CN¥0.18 (down from CN¥0.19 in FY 2022). Revenue: CN¥829.0m (up 1.2% from FY 2022). Net income: CN¥83.9m (down 4.6% from FY 2022). Profit margin: 10% (in line with FY 2022). Revenue missed analyst estimates by 29%. Earnings per share (EPS) also missed analyst estimates by 34%. Revenue is forecast to grow 73% p.a. on average during the next 2 years, compared to a 15% growth forecast for the Chemicals industry in China. Over the last 3 years on average, earnings per share has fallen by 33% per year but the company’s share price has remained flat, which means it is well ahead of earnings.분석 기사 • Apr 08There Are Reasons To Feel Uneasy About Fujian Kuncai Material Technology's (SHSE:603826) Returns On CapitalWhat trends should we look for it we want to identify stocks that can multiply in value over the long term? Firstly...공시 • Mar 30Fujian Kuncai Material Technology Co., Ltd. to Report Q1, 2024 Results on Apr 26, 2024Fujian Kuncai Material Technology Co., Ltd. announced that they will report Q1, 2024 results on Apr 26, 2024공시 • Dec 29Fujian Kuncai Material Technology Co., Ltd. to Report Fiscal Year 2023 Results on Apr 26, 2024Fujian Kuncai Material Technology Co., Ltd. announced that they will report fiscal year 2023 results on Apr 26, 2024New Risk • Oct 31New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 23% 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 Interest payments are not well covered by earnings (2.2x net interest cover). Minor Risk Large one-off items impacting financial results.Reported Earnings • Oct 26Third quarter 2023 earnings released: EPS: CN¥0.059 (vs CN¥0.05 in 3Q 2022)Third quarter 2023 results: EPS: CN¥0.059 (up from CN¥0.05 in 3Q 2022). Revenue: CN¥212.7m (down 14% from 3Q 2022). Net income: CN¥27.7m (up 19% from 3Q 2022). Profit margin: 13% (up from 9.4% in 3Q 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 67% p.a. on average during the next 3 years, compared to a 19% growth forecast for the Chemicals industry in China. Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has increased by 13% per year, which means it is well ahead of earnings.Reported Earnings • Aug 26Second quarter 2023 earnings released: EPS: CN¥0.051 (vs CN¥0.065 in 2Q 2022)Second quarter 2023 results: EPS: CN¥0.051 (down from CN¥0.065 in 2Q 2022). Revenue: CN¥196.7m (down 4.9% from 2Q 2022). Net income: CN¥23.9m (down 21% from 2Q 2022). Profit margin: 12% (down from 15% in 2Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 50% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Chemicals industry in China. Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has increased by 17% per year, which means it is well ahead of earnings.Reported Earnings • Apr 29First quarter 2023 earnings released: EPS: CN¥0.029 (vs CN¥0.057 in 1Q 2022)First quarter 2023 results: EPS: CN¥0.029 (down from CN¥0.057 in 1Q 2022). Revenue: CN¥241.9m (up 22% from 1Q 2022). Net income: CN¥13.5m (down 50% from 1Q 2022). Profit margin: 5.6% (down from 13% in 1Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has increased by 27% per year, which means it is well ahead of earnings.Board Change • Nov 16Less 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. 8 experienced directors. No highly experienced directors. 2 independent directors (3 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Reported Earnings • Oct 26Third quarter 2022 earnings released: EPS: CN¥0.05 (vs CN¥0.089 in 3Q 2021)Third quarter 2022 results: EPS: CN¥0.05 (down from CN¥0.089 in 3Q 2021). Revenue: CN¥247.0m (up 16% from 3Q 2021). Net income: CN¥23.3m (down 44% from 3Q 2021). Profit margin: 9.4% (down from 20% in 3Q 2021). 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 increased by 59% per year, which means it is well ahead of earnings.Reported Earnings • Aug 26Second quarter 2022 earnings released: EPS: CN¥0.065 (vs CN¥0.092 in 2Q 2021)Second quarter 2022 results: EPS: CN¥0.065 (down from CN¥0.092 in 2Q 2021). Revenue: CN¥206.9m (down 14% from 2Q 2021). Net income: CN¥30.4m (down 29% from 2Q 2021). Profit margin: 15% (down from 18% in 2Q 2021). The decrease in margin was driven by lower revenue. 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 59% per year, which means it is well ahead of earnings.Reported Earnings • May 02First quarter 2022 earnings: EPS and revenues miss analyst expectationsFirst quarter 2022 results: EPS: CN¥0.057 (down from CN¥0.094 in 1Q 2021). Revenue: CN¥198.8m (down 7.0% from 1Q 2021). Net income: CN¥26.7m (down 39% from 1Q 2021). Profit margin: 13% (down from 21% in 1Q 2021). The decrease in margin was primarily driven by lower revenue. Revenue missed analyst estimates by 23%. Earnings per share (EPS) also missed analyst estimates by 20%. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 54% per year, which means it is well ahead of earnings.Board Change • Apr 27Less 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. 8 experienced directors. No highly experienced directors. 2 independent directors (3 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.공시 • Apr 15Fujian Kuncai Material Technology Co., Ltd. announced that it expects to receive CNY 3.85 billion in fundingFujian Kuncai Material Technology Co., Ltd. announced a private placement of not more than 60,000,000 shares for gross proceeds of not more than CNY 3,850,000,000 on April 13, 2022. The transaction will include participation from not more than 35 investors including, securities investment fund management companies, securities companies, asset management companies, trust investment companies, financial companies, insurance institutional investors, and qualified foreign institutions Investors, other legal person investors and natural persons. The pricing base date of this offering is the first day of the company's non-public offering of shares. The number of shares in this non-public offering shall not exceed 30% of the company's total share capital. The issue price of this offering shall not be lower than 80% of the company's average stock trading price in the 20 trading days prior to the pricing benchmark date. The shares will not be transferred within six months from the date of the end of the transaction. The transaction has been reviewed and approved at ninth meeting of the third board of directors and subject to the approval of the shareholders, and China Securities Regulatory Commission.Reported Earnings • Mar 03Full year 2021 earnings: EPS and revenues miss analyst expectationsFull year 2021 results: EPS: CN¥0.31 (down from CN¥0.34 in FY 2020). Revenue: CN¥893.1m (up 19% from FY 2020). Net income: CN¥143.7m (down 8.5% from FY 2020). Profit margin: 16% (down from 21% in FY 2020). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 23%. Earnings per share (EPS) also missed analyst estimates by 20%. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 49% per year, which means it is well ahead of earnings.Reported Earnings • Oct 28Third quarter 2021 earnings released: EPS CN¥0.089 (vs CN¥0.11 in 3Q 2020)The company reported a soft third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: CN¥212.4m (up 6.3% from 3Q 2020). Net income: CN¥41.7m (down 16% from 3Q 2020). Profit margin: 20% (down from 25% 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 2% per year but the company’s share price has increased by 43% per year, which means it is well ahead of earnings.Reported Earnings • Aug 26Second quarter 2021 earnings released: EPS CN¥0.092 (vs CN¥0.068 in 2Q 2020)The company reported a solid second quarter result with improved earnings and revenues, although profit margins were weaker. Second quarter 2021 results: Revenue: CN¥241.8m (up 45% from 2Q 2020). Net income: CN¥42.9m (up 34% from 2Q 2020). Profit margin: 18% (down from 19% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 45% per year, which means it is well ahead of earnings.Reported Earnings • Apr 27First quarter 2021 earnings released: EPS CN¥0.094 (vs CN¥0.076 in 1Q 2020)The company reported a solid first quarter result with improved earnings and revenues, although profit margins were flat. First quarter 2021 results: Revenue: CN¥213.8m (up 29% from 1Q 2020). Net income: CN¥44.0m (up 25% from 1Q 2020). Profit margin: 21% (in line with 1Q 2020). Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 55% per year, which means it is well ahead of earnings.Is New 90 Day High Low • Jan 26New 90-day low: CN¥33.06The company is down 10.0% from its price of CN¥36.93 on 28 October 2020. The Chinese market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 24% over the same period.Is New 90 Day High Low • Nov 10New 90-day high: CN¥38.99The company is up 49% from its price of CN¥26.20 on 12 August 2020. The Chinese market is up 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Chemicals industry, which is up 4.0% over the same period.Reported Earnings • Oct 28Third quarter earnings releasedOver the last 12 months the company has reported total profits of CN¥148.6m, down 4.5% from the prior year. Total revenue was CN¥710.6m over the last 12 months, up 21% from the prior year.Is New 90 Day High Low • Oct 21New 90-day high: CN¥36.30The company is up 17% from its price of CN¥31.05 on 23 July 2020. The Chinese market is flat over the last 90 days, indicating the company outperformed over that time. It also outperformed the Chemicals industry, which is up 5.0% over the same period.공시 • Jul 09Fujian Kuncai Material Technology Co., Ltd. to Report First Half, 2020 Results on Aug 26, 2020Fujian Kuncai Material Technology Co., Ltd. announced that they will report first half, 2020 results on Aug 26, 2020이익 및 매출 성장 예측SHSE:603826 - 애널리스트 향후 추정치 및 과거 재무 데이터 (CNY Millions)날짜매출이익자유현금흐름영업현금흐름평균 애널리스트 수12/31/202812,0782,375N/A2,228112/31/20278,3421,473N/A2,422112/31/20263,317814N/A1,35413/31/20261,414-42187224N/A12/31/20251,260-92-65-23N/A9/30/20251,03236-34-4N/A6/30/20251,01040-138-79N/A3/31/202597339-270-151N/A12/31/202497035-402-163N/A9/30/202497179-3750N/A6/30/202492291-42270N/A3/31/202484291-44538N/A12/31/202382984-41280N/A9/30/202381873-502-6N/A6/30/202385268-636-150N/A3/31/202386275-570-27N/A12/31/202281988-54310N/A9/30/202287896-48197N/A6/30/2022843114-342188N/A3/31/2022878126-375131N/A12/31/2021893144-315181N/A9/30/2021885169-289191N/A6/30/2021873177-319152N/A3/31/2021798166-279163N/A12/31/2020750157-239162N/A9/30/2020711149-220140N/A6/30/2020655133-147164N/A3/31/2020647147-178172N/A12/31/2019617147N/A141N/A9/30/2019586156N/A84N/A6/30/2019594172N/A73N/A3/31/2019604179N/A42N/A12/31/2018587180N/A70N/A9/30/2018567169N/A121N/A6/30/2018533145N/A103N/A3/31/2018483128N/A80N/A12/31/2017469118N/A63N/A9/30/2017460118N/A60N/A6/30/2017443120N/A62N/A3/31/2017430117N/A81N/A12/31/2016408109N/A74N/A12/31/2015327100N/A106N/A더 보기애널리스트 향후 성장 전망수입 대 저축률: 603826 은 향후 3년 동안 수익을 낼 것으로 예상되며, 이는 절약률(2.4%)보다 빠른 성장으로 간주됩니다.수익 vs 시장: 603826 (는) 향후 3년 동안 평균 시장 성장보다 높은 수익을 올릴 것으로 예상됩니다.고성장 수익: 603826 향후 3년 내에 수익을 낼 것으로 예상됩니다.수익 대 시장: 603826 의 수익(연간 63.9%)이 CN 시장(연간 16.8%)보다 빠르게 성장할 것으로 예상됩니다.고성장 매출: 603826 의 수익(연간 63.9%)은 연간 20%보다 빠르게 증가할 것으로 예상됩니다.주당순이익 성장 예측향후 자기자본이익률미래 ROE: 603826의 자본 수익률은 3년 후 38.3%로 높을 것으로 예상됩니다.성장 기업 찾아보기7D1Y7D1Y7D1YMaterials 산업의 고성장 기업.View Past Performance기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/06/18 23:01종가2026/06/18 00:00수익2026/03/31연간 수익2025/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Fujian Kuncai Material Technology Co., Ltd.는 2명의 분석가가 다루고 있습니다. 이 중 1명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Zhe WangCitic Securities Co., Ltd.Changsheng ShengTianfeng Securities Brokerage Co., Ltd
Major Estimate Revision • Sep 26Consensus revenue estimates fall by 72%The consensus outlook for revenues in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from CN¥4.77b to CN¥1.32b. EPS estimate fell from CN¥1.63 to CN¥0.17 per share. Net income forecast to grow 342% next year vs 51% growth forecast for Chemicals industry in China. Consensus price target down from CN¥45.00 to CN¥22.00. Share price fell 2.3% to CN¥18.88 over the past week.
Major Estimate Revision • Oct 01Consensus revenue estimates fall by 60%The consensus outlook for revenues in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from CN¥3.32b to CN¥1.34b. EPS estimate fell from CN¥1.30 to CN¥0.18 per share. Net income forecast to grow 549% next year vs 45% growth forecast for Chemicals industry in China. Consensus price target down from CN¥46.43 to CN¥45.00. Share price rose 14% to CN¥31.25 over the past week.
Major Estimate Revision • Apr 22Consensus revenue estimates decrease by 22%, EPS upgradedThe consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast fell from CN¥4.25b to CN¥3.32b. EPS estimate increased from CN¥1.63 to CN¥1.82 per share. Net income forecast to grow 914% next year vs 43% growth forecast for Chemicals industry in China. Consensus price target of CN¥65.00 unchanged from last update. Share price rose 6.4% to CN¥43.75 over the past week.
New Risk • May 12New minor risk - Dividend sustainabilityThe dividend is not well covered by earnings. The company is paying a dividend despite being loss-making. Dividend yield: 0.4% This is considered a minor risk. Companies that pay out too much of their earnings are at risk of having to reduce or cut their dividend in future. If earnings growth slows or earnings fall, then there may not be enough earnings to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. However, this risk is mitigated by the fact the dividend is covered by cash flows. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (12% operating cash flow to total debt). Earnings have declined by 41% per year over the past 5 years. Minor Risks Paying a dividend despite being loss-making. Share price has been volatile over the past 3 months (8.8% average weekly change).
New Risk • Apr 24New major risk - Revenue and earnings growthEarnings have declined by 41% 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 Debt is not well covered by operating cash flow (12% operating cash flow to total debt). Earnings have declined by 41% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (9.4% average weekly change).
Reported Earnings • Apr 23First quarter 2026 earnings released: EPS: CN¥0.11 (vs CN¥0.036 in 1Q 2025)First quarter 2026 results: EPS: CN¥0.11 (up from CN¥0.036 in 1Q 2025). Revenue: CN¥412.3m (up 60% from 1Q 2025). Net income: CN¥74.3m (up 212% from 1Q 2025). Profit margin: 18% (up from 9.3% in 1Q 2025). Revenue is forecast to grow 52% p.a. on average during the next 2 years, compared to a 16% growth forecast for the Chemicals industry in China. Over the last 3 years on average, earnings per share has fallen by 62% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings.
공시 • Apr 23Fujian Kuncai Material Technology Co., Ltd., Annual General Meeting, May 20, 2026Fujian Kuncai Material Technology Co., Ltd., Annual General Meeting, May 20, 2026, at 14:30 China Standard Time. Location: The Company's Meeting Room, Fuzhou, Fujian China
공시 • Mar 30Fujian Kuncai Material Technology Co., Ltd. to Report Q1, 2026 Results on Apr 23, 2026Fujian Kuncai Material Technology Co., Ltd. announced that they will report Q1, 2026 results on Apr 23, 2026
New Risk • Mar 18New 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 7.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.4x net interest cover). Minor Risks Share price has been volatile over the past 3 months (7.9% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (3.5% net profit margin).
공시 • Dec 26Fujian Kuncai Material Technology Co., Ltd. to Report Fiscal Year 2025 Results on Apr 23, 2026Fujian Kuncai Material Technology Co., Ltd. announced that they will report fiscal year 2025 results on Apr 23, 2026
Reported Earnings • Oct 25Third quarter 2025 earnings released: EPS: CN¥0.018 (vs CN¥0.025 in 3Q 2024)Third quarter 2025 results: EPS: CN¥0.018 (down from CN¥0.025 in 3Q 2024). Revenue: CN¥283.5m (up 8.3% from 3Q 2024). Net income: CN¥11.7m (down 28% from 3Q 2024). Profit margin: 4.1% (down from 6.2% in 3Q 2024). Revenue is forecast to grow 55% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Chemicals industry in China. Over the last 3 years on average, earnings per share has fallen by 21% per year whereas the company’s share price has fallen by 24% per year.
공시 • Sep 30Fujian Kuncai Material Technology Co., Ltd. to Report Q3, 2025 Results on Oct 31, 2025Fujian Kuncai Material Technology Co., Ltd. announced that they will report Q3, 2025 results on Oct 31, 2025
Major Estimate Revision • Sep 26Consensus revenue estimates fall by 72%The consensus outlook for revenues in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from CN¥4.77b to CN¥1.32b. EPS estimate fell from CN¥1.63 to CN¥0.17 per share. Net income forecast to grow 342% next year vs 51% growth forecast for Chemicals industry in China. Consensus price target down from CN¥45.00 to CN¥22.00. Share price fell 2.3% to CN¥18.88 over the past week.
Reported Earnings • Aug 31Second quarter 2025 earnings released: EPS: CN¥0.039 (vs CN¥0.036 in 2Q 2024)Second quarter 2025 results: EPS: CN¥0.039 (up from CN¥0.036 in 2Q 2024). Revenue: CN¥314.6m (up 14% from 2Q 2024). Net income: CN¥25.6m (up 7.2% from 2Q 2024). Profit margin: 8.1% (down from 8.6% in 2Q 2024). Revenue is forecast to grow 25% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Chemicals industry in China. Over the last 3 years on average, earnings per share has fallen by 17% per year whereas the company’s share price has fallen by 22% per year.
공시 • Jun 30Fujian Kuncai Material Technology Co., Ltd. to Report First Half, 2025 Results on Aug 26, 2025Fujian Kuncai Material Technology Co., Ltd. announced that they will report first half, 2025 results on Aug 26, 2025
공시 • May 13Fujian Kuncai Material Technology Co., Ltd., Annual General Meeting, Jun 12, 2025Fujian Kuncai Material Technology Co., Ltd., Annual General Meeting, Jun 12, 2025, at 14:30 China Standard Time. Location: The Company Wholly-owned Subsidiary's Meeting Room, Fuqing, Fujian China
Reported Earnings • Apr 28First quarter 2025 earnings releasedFirst quarter 2025 results: Revenue: CN¥257.8m (up 1.1% from 1Q 2024). Net income: CN¥23.9m (up 18% from 1Q 2024). Profit margin: 9.3% (up from 8.0% in 1Q 2024). Revenue is forecast to grow 25% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Chemicals industry in China.
New Risk • Apr 27New major risk - Revenue and earnings growthEarnings have declined by 19% 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 Interest payments are not well covered by earnings (2.1x net interest cover). Earnings have declined by 19% per year over the past 5 years. Minor Risk Large one-off items impacting financial results.
분석 기사 • Mar 31Fujian Kuncai Material Technology Co., Ltd. (SHSE:603826) Not Lagging Industry On Growth Or PricingWhen close to half the companies in the Chemicals industry in China have price-to-sales ratios (or "P/S") below 2.4x...
공시 • Mar 28Fujian Kuncai Material Technology Co., Ltd. to Report Q1, 2025 Results on Apr 26, 2025Fujian Kuncai Material Technology Co., Ltd. announced that they will report Q1, 2025 results on Apr 26, 2025
분석 기사 • Mar 09Returns On Capital Signal Tricky Times Ahead For Fujian Kuncai Material Technology (SHSE:603826)Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...
분석 기사 • Dec 30Is Fujian Kuncai Material Technology (SHSE:603826) Using Too Much Debt?Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
공시 • Dec 27Fujian Kuncai Material Technology Co., Ltd. to Report Fiscal Year 2024 Results on Apr 26, 2025Fujian Kuncai Material Technology Co., Ltd. announced that they will report fiscal year 2024 results on Apr 26, 2025
분석 기사 • Nov 24With A 25% Price Drop For Fujian Kuncai Material Technology Co., Ltd. (SHSE:603826) You'll Still Get What You Pay ForUnfortunately for some shareholders, the Fujian Kuncai Material Technology Co., Ltd. ( SHSE:603826 ) share price has...
New Risk • Nov 14New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 27% 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 Interest payments are not well covered by earnings (2.1x net interest cover). Minor Risk Large one-off items impacting financial results.
Reported Earnings • Oct 30Third quarter 2024 earnings released: EPS: CN¥0.025 (vs CN¥0.042 in 3Q 2023)Third quarter 2024 results: EPS: CN¥0.025 (down from CN¥0.042 in 3Q 2023). Revenue: CN¥261.7m (up 23% from 3Q 2023). Net income: CN¥16.2m (down 41% from 3Q 2023). Profit margin: 6.2% (down from 13% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 38% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Chemicals industry in China. Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.
분석 기사 • Oct 23There Are Reasons To Feel Uneasy About Fujian Kuncai Material Technology's (SHSE:603826) Returns On CapitalTo find a multi-bagger stock, what are the underlying trends we should look for in a business? Firstly, we'll want to...
Major Estimate Revision • Oct 01Consensus revenue estimates fall by 60%The consensus outlook for revenues in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from CN¥3.32b to CN¥1.34b. EPS estimate fell from CN¥1.30 to CN¥0.18 per share. Net income forecast to grow 549% next year vs 45% growth forecast for Chemicals industry in China. Consensus price target down from CN¥46.43 to CN¥45.00. Share price rose 14% to CN¥31.25 over the past week.
공시 • Sep 30Fujian Kuncai Material Technology Co., Ltd. to Report Q3, 2024 Results on Oct 30, 2024Fujian Kuncai Material Technology Co., Ltd. announced that they will report Q3, 2024 results on Oct 30, 2024
분석 기사 • Sep 17Fujian Kuncai Material Technology (SHSE:603826) Has A Somewhat Strained Balance SheetSome say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
New Risk • Aug 19New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Chinese stocks, typically moving 8.9% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (3.6% operating cash flow to total debt). Share price has been highly volatile over the past 3 months (8.9% average weekly change).
Reported Earnings • Aug 10Second quarter 2024 earnings released: EPS: CN¥0.085 (vs CN¥0.036 in 2Q 2023)Second quarter 2024 results: EPS: CN¥0.085. Revenue: CN¥276.9m (up 41% from 2Q 2023). Net income: CN¥23.8m (flat on 2Q 2023). Profit margin: 8.6% (down from 12% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 91% p.a. on average during the next 2 years, compared to a 15% growth forecast for the Chemicals industry in China.
분석 기사 • Jul 23Fujian Kuncai Material Technology Co., Ltd. (SHSE:603826) Stocks Pounded By 25% But Not Lagging Industry On Growth Or PricingFujian Kuncai Material Technology Co., Ltd. ( SHSE:603826 ) shares have had a horrible month, losing 25% after a...
분석 기사 • Jul 16Fujian Kuncai Material Technology (SHSE:603826) Will Want To Turn Around Its Return TrendsIf you're looking for a multi-bagger, there's a few things to keep an eye out for. One common approach is to try and...
공시 • Jun 29Fujian Kuncai Material Technology Co., Ltd. to Report First Half, 2024 Results on Aug 10, 2024Fujian Kuncai Material Technology Co., Ltd. announced that they will report first half, 2024 results on Aug 10, 2024
분석 기사 • Jun 07Fujian Kuncai Material Technology (SHSE:603826) Takes On Some Risk With Its Use Of DebtSome say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
분석 기사 • May 21The Price Is Right For Fujian Kuncai Material Technology Co., Ltd. (SHSE:603826)When you see that almost half of the companies in the Chemicals industry in China have price-to-sales ratios (or "P/S...
공시 • Apr 27Fujian Kuncai Material Technology Co., Ltd., Annual General Meeting, May 16, 2024Fujian Kuncai Material Technology Co., Ltd., Annual General Meeting, May 16, 2024, at 14:30 China Standard Time. Location: The Company Wholly-owned Subsidiary's Meeting Room, Fuqing, Fujian China
Major Estimate Revision • Apr 22Consensus revenue estimates decrease by 22%, EPS upgradedThe consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast fell from CN¥4.25b to CN¥3.32b. EPS estimate increased from CN¥1.63 to CN¥1.82 per share. Net income forecast to grow 914% next year vs 43% growth forecast for Chemicals industry in China. Consensus price target of CN¥65.00 unchanged from last update. Share price rose 6.4% to CN¥43.75 over the past week.
Reported Earnings • Apr 17Full year 2023 earnings: EPS and revenues miss analyst expectationsFull year 2023 results: EPS: CN¥0.18 (down from CN¥0.19 in FY 2022). Revenue: CN¥829.0m (up 1.2% from FY 2022). Net income: CN¥83.9m (down 4.6% from FY 2022). Profit margin: 10% (in line with FY 2022). Revenue missed analyst estimates by 29%. Earnings per share (EPS) also missed analyst estimates by 34%. Revenue is forecast to grow 73% p.a. on average during the next 2 years, compared to a 15% growth forecast for the Chemicals industry in China. Over the last 3 years on average, earnings per share has fallen by 33% per year but the company’s share price has remained flat, which means it is well ahead of earnings.
분석 기사 • Apr 08There Are Reasons To Feel Uneasy About Fujian Kuncai Material Technology's (SHSE:603826) Returns On CapitalWhat trends should we look for it we want to identify stocks that can multiply in value over the long term? Firstly...
공시 • Mar 30Fujian Kuncai Material Technology Co., Ltd. to Report Q1, 2024 Results on Apr 26, 2024Fujian Kuncai Material Technology Co., Ltd. announced that they will report Q1, 2024 results on Apr 26, 2024
공시 • Dec 29Fujian Kuncai Material Technology Co., Ltd. to Report Fiscal Year 2023 Results on Apr 26, 2024Fujian Kuncai Material Technology Co., Ltd. announced that they will report fiscal year 2023 results on Apr 26, 2024
New Risk • Oct 31New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 23% 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 Interest payments are not well covered by earnings (2.2x net interest cover). Minor Risk Large one-off items impacting financial results.
Reported Earnings • Oct 26Third quarter 2023 earnings released: EPS: CN¥0.059 (vs CN¥0.05 in 3Q 2022)Third quarter 2023 results: EPS: CN¥0.059 (up from CN¥0.05 in 3Q 2022). Revenue: CN¥212.7m (down 14% from 3Q 2022). Net income: CN¥27.7m (up 19% from 3Q 2022). Profit margin: 13% (up from 9.4% in 3Q 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 67% p.a. on average during the next 3 years, compared to a 19% growth forecast for the Chemicals industry in China. Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has increased by 13% per year, which means it is well ahead of earnings.
Reported Earnings • Aug 26Second quarter 2023 earnings released: EPS: CN¥0.051 (vs CN¥0.065 in 2Q 2022)Second quarter 2023 results: EPS: CN¥0.051 (down from CN¥0.065 in 2Q 2022). Revenue: CN¥196.7m (down 4.9% from 2Q 2022). Net income: CN¥23.9m (down 21% from 2Q 2022). Profit margin: 12% (down from 15% in 2Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 50% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Chemicals industry in China. Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has increased by 17% per year, which means it is well ahead of earnings.
Reported Earnings • Apr 29First quarter 2023 earnings released: EPS: CN¥0.029 (vs CN¥0.057 in 1Q 2022)First quarter 2023 results: EPS: CN¥0.029 (down from CN¥0.057 in 1Q 2022). Revenue: CN¥241.9m (up 22% from 1Q 2022). Net income: CN¥13.5m (down 50% from 1Q 2022). Profit margin: 5.6% (down from 13% in 1Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has increased by 27% per year, which means it is well ahead of earnings.
Board Change • Nov 16Less 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. 8 experienced directors. No highly experienced directors. 2 independent directors (3 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Reported Earnings • Oct 26Third quarter 2022 earnings released: EPS: CN¥0.05 (vs CN¥0.089 in 3Q 2021)Third quarter 2022 results: EPS: CN¥0.05 (down from CN¥0.089 in 3Q 2021). Revenue: CN¥247.0m (up 16% from 3Q 2021). Net income: CN¥23.3m (down 44% from 3Q 2021). Profit margin: 9.4% (down from 20% in 3Q 2021). 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 increased by 59% per year, which means it is well ahead of earnings.
Reported Earnings • Aug 26Second quarter 2022 earnings released: EPS: CN¥0.065 (vs CN¥0.092 in 2Q 2021)Second quarter 2022 results: EPS: CN¥0.065 (down from CN¥0.092 in 2Q 2021). Revenue: CN¥206.9m (down 14% from 2Q 2021). Net income: CN¥30.4m (down 29% from 2Q 2021). Profit margin: 15% (down from 18% in 2Q 2021). The decrease in margin was driven by lower revenue. 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 59% per year, which means it is well ahead of earnings.
Reported Earnings • May 02First quarter 2022 earnings: EPS and revenues miss analyst expectationsFirst quarter 2022 results: EPS: CN¥0.057 (down from CN¥0.094 in 1Q 2021). Revenue: CN¥198.8m (down 7.0% from 1Q 2021). Net income: CN¥26.7m (down 39% from 1Q 2021). Profit margin: 13% (down from 21% in 1Q 2021). The decrease in margin was primarily driven by lower revenue. Revenue missed analyst estimates by 23%. Earnings per share (EPS) also missed analyst estimates by 20%. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 54% per year, which means it is well ahead of earnings.
Board Change • Apr 27Less 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. 8 experienced directors. No highly experienced directors. 2 independent directors (3 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
공시 • Apr 15Fujian Kuncai Material Technology Co., Ltd. announced that it expects to receive CNY 3.85 billion in fundingFujian Kuncai Material Technology Co., Ltd. announced a private placement of not more than 60,000,000 shares for gross proceeds of not more than CNY 3,850,000,000 on April 13, 2022. The transaction will include participation from not more than 35 investors including, securities investment fund management companies, securities companies, asset management companies, trust investment companies, financial companies, insurance institutional investors, and qualified foreign institutions Investors, other legal person investors and natural persons. The pricing base date of this offering is the first day of the company's non-public offering of shares. The number of shares in this non-public offering shall not exceed 30% of the company's total share capital. The issue price of this offering shall not be lower than 80% of the company's average stock trading price in the 20 trading days prior to the pricing benchmark date. The shares will not be transferred within six months from the date of the end of the transaction. The transaction has been reviewed and approved at ninth meeting of the third board of directors and subject to the approval of the shareholders, and China Securities Regulatory Commission.
Reported Earnings • Mar 03Full year 2021 earnings: EPS and revenues miss analyst expectationsFull year 2021 results: EPS: CN¥0.31 (down from CN¥0.34 in FY 2020). Revenue: CN¥893.1m (up 19% from FY 2020). Net income: CN¥143.7m (down 8.5% from FY 2020). Profit margin: 16% (down from 21% in FY 2020). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 23%. Earnings per share (EPS) also missed analyst estimates by 20%. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 49% per year, which means it is well ahead of earnings.
Reported Earnings • Oct 28Third quarter 2021 earnings released: EPS CN¥0.089 (vs CN¥0.11 in 3Q 2020)The company reported a soft third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: CN¥212.4m (up 6.3% from 3Q 2020). Net income: CN¥41.7m (down 16% from 3Q 2020). Profit margin: 20% (down from 25% 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 2% per year but the company’s share price has increased by 43% per year, which means it is well ahead of earnings.
Reported Earnings • Aug 26Second quarter 2021 earnings released: EPS CN¥0.092 (vs CN¥0.068 in 2Q 2020)The company reported a solid second quarter result with improved earnings and revenues, although profit margins were weaker. Second quarter 2021 results: Revenue: CN¥241.8m (up 45% from 2Q 2020). Net income: CN¥42.9m (up 34% from 2Q 2020). Profit margin: 18% (down from 19% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 45% per year, which means it is well ahead of earnings.
Reported Earnings • Apr 27First quarter 2021 earnings released: EPS CN¥0.094 (vs CN¥0.076 in 1Q 2020)The company reported a solid first quarter result with improved earnings and revenues, although profit margins were flat. First quarter 2021 results: Revenue: CN¥213.8m (up 29% from 1Q 2020). Net income: CN¥44.0m (up 25% from 1Q 2020). Profit margin: 21% (in line with 1Q 2020). Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 55% per year, which means it is well ahead of earnings.
Is New 90 Day High Low • Jan 26New 90-day low: CN¥33.06The company is down 10.0% from its price of CN¥36.93 on 28 October 2020. The Chinese market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 24% over the same period.
Is New 90 Day High Low • Nov 10New 90-day high: CN¥38.99The company is up 49% from its price of CN¥26.20 on 12 August 2020. The Chinese market is up 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Chemicals industry, which is up 4.0% over the same period.
Reported Earnings • Oct 28Third quarter earnings releasedOver the last 12 months the company has reported total profits of CN¥148.6m, down 4.5% from the prior year. Total revenue was CN¥710.6m over the last 12 months, up 21% from the prior year.
Is New 90 Day High Low • Oct 21New 90-day high: CN¥36.30The company is up 17% from its price of CN¥31.05 on 23 July 2020. The Chinese market is flat over the last 90 days, indicating the company outperformed over that time. It also outperformed the Chemicals industry, which is up 5.0% over the same period.
공시 • Jul 09Fujian Kuncai Material Technology Co., Ltd. to Report First Half, 2020 Results on Aug 26, 2020Fujian Kuncai Material Technology Co., Ltd. announced that they will report first half, 2020 results on Aug 26, 2020