View ValuationTianshan Material 향후 성장Future 기준 점검 3/6Tianshan Material (는) 각각 연간 118.1% 및 1% 수익과 수익이 증가할 것으로 예상됩니다. EPS는 연간 118.4% 만큼 성장할 것으로 예상됩니다. 자기자본이익률은 3년 후 0.7% 로 예상됩니다.핵심 정보118.1%이익 성장률118.40%EPS 성장률Basic Materials 이익 성장31.8%매출 성장률1.0%향후 자기자본이익률0.70%애널리스트 커버리지Low마지막 업데이트01 Jun 2026최근 향후 성장 업데이트Price Target Changed • Apr 07Price target decreased by 31% to CN¥5.41Down from CN¥7.83, the current price target is provided by 1 analyst. New target price is 11% above last closing price of CN¥4.87. Stock is down 11% over the past year. The company is forecast to post earnings per share of CN¥0.01 next year compared to a net loss per share of CN¥1.03 last year.Major Estimate Revision • Oct 30Consensus EPS estimates fall by 57%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from CN¥81.5b to CN¥76.5b. EPS estimate also fell from CN¥0.255 per share to CN¥0.11 per share. Net income forecast to shrink 2.8% next year vs 19% growth forecast for Basic Materials industry in China . Consensus price target down from CN¥7.83 to CN¥7.52. Share price fell 4.9% to CN¥5.96 over the past week.Price Target Changed • Apr 16Price target increased by 11% to CN¥7.88Up from CN¥7.07, the current price target is an average from 2 analysts. New target price is 41% above last closing price of CN¥5.57. Stock is down 18% over the past year. The company is forecast to post earnings per share of CN¥0.32 next year compared to a net loss per share of CN¥0.075 last year.Price Target Changed • Dec 19Price target increased by 22% to CN¥7.07Up from CN¥5.82, the current price target is an average from 3 analysts. New target price is 14% above last closing price of CN¥6.22. Stock is down 6.2% over the past year. The company is forecast to post earnings per share of CN¥0.11 for next year compared to CN¥0.23 last year.Price Target Changed • Aug 29Price target decreased by 9.0% to CN¥6.29Down from CN¥6.92, the current price target is an average from 4 analysts. New target price is 36% above last closing price of CN¥4.61. Stock is down 40% over the past year. The company is forecast to post earnings per share of CN¥0.06 for next year compared to CN¥0.23 last year.Price Target Changed • Apr 02Price target decreased by 10% to CN¥7.04Down from CN¥7.83, the current price target is an average from 3 analysts. New target price is approximately in line with last closing price of CN¥6.97. Stock is down 22% over the past year. The company is forecast to post earnings per share of CN¥0.18 for next year compared to CN¥0.23 last year.모든 업데이트 보기Recent updatesPrice Target Changed • Apr 07Price target decreased by 31% to CN¥5.41Down from CN¥7.83, the current price target is provided by 1 analyst. New target price is 11% above last closing price of CN¥4.87. Stock is down 11% over the past year. The company is forecast to post earnings per share of CN¥0.01 next year compared to a net loss per share of CN¥1.03 last year.공시 • Mar 31Tianshan Material Co., Ltd. to Report Q1, 2026 Results on Apr 28, 2026Tianshan Material Co., Ltd. announced that they will report Q1, 2026 results on Apr 28, 2026Reported Earnings • Mar 31Full year 2025 earnings released: CN¥1.03 loss per share (vs CN¥0.075 loss in FY 2024)Full year 2025 results: CN¥1.03 loss per share (further deteriorated from CN¥0.075 loss in FY 2024). Revenue: CN¥74.5b (down 14% from FY 2024). Net loss: CN¥7.29b (loss widened CN¥6.69b from FY 2024). Revenue is forecast to grow 2.3% p.a. on average during the next 2 years, compared to a 6.0% growth forecast for the Basic Materials industry in China. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 66 percentage points per year, which is a significant difference in performance.공시 • Mar 31Tianshan Material Co., Ltd., Annual General Meeting, Apr 23, 2026Tianshan Material Co., Ltd., Annual General Meeting, Apr 23, 2026, at 14:30 China Standard Time. Location: No. 70, Shiboguan Road, Pudong New Area, Shanghai China공시 • Dec 31Tianshan Material Co., Ltd. to Report Fiscal Year 2025 Results on Mar 26, 2026Tianshan Material Co., Ltd. announced that they will report fiscal year 2025 results on Mar 26, 2026Major Estimate Revision • Oct 30Consensus EPS estimates fall by 57%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from CN¥81.5b to CN¥76.5b. EPS estimate also fell from CN¥0.255 per share to CN¥0.11 per share. Net income forecast to shrink 2.8% next year vs 19% growth forecast for Basic Materials industry in China . Consensus price target down from CN¥7.83 to CN¥7.52. Share price fell 4.9% to CN¥5.96 over the past week.New Risk • Oct 10New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Chinese stocks, typically moving 9.1% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.5x net interest cover). Share price has been highly volatile over the past 3 months (9.1% average weekly change). Minor Risk Large one-off items impacting financial results.공시 • Sep 30Tianshan Material Co., Ltd. to Report Q3, 2025 Results on Oct 24, 2025Tianshan Material Co., Ltd. announced that they will report Q3, 2025 results on Oct 24, 2025Valuation Update With 7 Day Price Move • Aug 25Investor sentiment improves as stock rises 26%After last week's 26% share price gain to CN¥7.24, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 18x in the Basic Materials industry in China. Total loss to shareholders of 22% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥3.46 per share.New Risk • Aug 22New 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 7.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.5x net interest cover). Minor Risks Share price has been volatile over the past 3 months (7.0% average weekly change). Large one-off items impacting financial results.공시 • Jul 02Tianshan Material Co., Ltd. to Report First Half, 2025 Results on Aug 19, 2025Tianshan Material Co., Ltd. announced that they will report first half, 2025 results on Aug 19, 2025Reported Earnings • Apr 27First quarter 2025 earnings released: CN¥0.21 loss per share (vs CN¥0.22 loss in 1Q 2024)First quarter 2025 results: CN¥0.21 loss per share (improved from CN¥0.22 loss in 1Q 2024). Revenue: CN¥14.9b (down 8.6% from 1Q 2024). Net loss: CN¥1.49b (loss narrowed 22% from 1Q 2024). Revenue is forecast to stay flat during the next 3 years compared to a 5.9% growth forecast for the Basic Materials industry in China. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 82 percentage points per year, which is a significant difference in performance.Price Target Changed • Apr 16Price target increased by 11% to CN¥7.88Up from CN¥7.07, the current price target is an average from 2 analysts. New target price is 41% above last closing price of CN¥5.57. Stock is down 18% over the past year. The company is forecast to post earnings per share of CN¥0.32 next year compared to a net loss per share of CN¥0.075 last year.공시 • Mar 31Tianshan Material Co., Ltd. to Report Q1, 2025 Results on Apr 24, 2025Tianshan Material Co., Ltd. announced that they will report Q1, 2025 results on Apr 24, 2025Reported Earnings • Mar 27Full year 2024 earnings: EPS and revenues miss analyst expectationsFull year 2024 results: CN¥0.075 loss per share (down from CN¥0.23 profit in FY 2023). Revenue: CN¥87.0b (down 19% from FY 2023). Net loss: CN¥598.4m (down 131% from profit in FY 2023). Revenue missed analyst estimates by 3.4%. Earnings per share (EPS) were also behind analyst expectations. Revenue is forecast to grow 3.1% p.a. on average during the next 2 years, compared to a 7.5% growth forecast for the Basic Materials industry in China. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 79 percentage points per year, which is a significant difference in performance.공시 • Mar 27Tianshan Material Co., Ltd., Annual General Meeting, Apr 18, 2025Tianshan Material Co., Ltd., Annual General Meeting, Apr 18, 2025, at 14:30 China Standard Time. Location: No. 70, World Expo Museum Road, Pudong New Area, Shanghai ChinaBoard Change • Feb 14High number of new and inexperienced directorsThere are 8 new directors who have joined the board in the last 3 years. The company's board is composed of: 8 new directors. 4 experienced directors. No highly experienced directors. President & Non-Independent Director Xinjun Zhao is the most experienced director on the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.공시 • Feb 13Tianshan Material Co., Ltd. Approves Management AppointmentsTianshan Material Co., Ltd. at its Extraordinary General Meeting of 2025 held on 11 February 2025, approved election of Zhao Xinjun, Yu Yuehua, Fan Liting, Zhang Jiwu and Shen Jun as non-independent directors; election of Kong Weiping and Li Chen as independent director and election of Zhuang Qinxia, Du Guangyuan and Shang Deying as supervisors.분석 기사 • Feb 10Tianshan Material (SZSE:000877) Seems To Be Using A Lot Of DebtLegendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...분석 기사 • Jan 06Why Investors Shouldn't Be Surprised By Tianshan Material Co., Ltd.'s (SZSE:000877) Low P/SWith a price-to-sales (or "P/S") ratio of 0.4x Tianshan Material Co., Ltd. ( SZSE:000877 ) may be sending bullish...공시 • Dec 31Tianshan Material Co., Ltd. to Report Fiscal Year 2024 Results on Mar 27, 2025Tianshan Material Co., Ltd. announced that they will report fiscal year 2024 results on Mar 27, 2025Price Target Changed • Dec 19Price target increased by 22% to CN¥7.07Up from CN¥5.82, the current price target is an average from 3 analysts. New target price is 14% above last closing price of CN¥6.22. Stock is down 6.2% over the past year. The company is forecast to post earnings per share of CN¥0.11 for next year compared to CN¥0.23 last year.Reported Earnings • Oct 26Third quarter 2024 earnings released: CN¥0.044 loss per share (vs CN¥0.011 loss in 3Q 2023)Third quarter 2024 results: CN¥0.044 loss per share (further deteriorated from CN¥0.011 loss in 3Q 2023). Revenue: CN¥21.8b (down 19% from 3Q 2023). Net loss: CN¥334.2m (loss widened 268% from 3Q 2023). Revenue is forecast to grow 4.6% p.a. on average during the next 3 years, compared to a 7.6% growth forecast for the Basic Materials industry in China. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 78 percentage points per year, which is a significant difference in performance.분석 기사 • Oct 01Tianshan Material Co., Ltd.'s (SZSE:000877) Business And Shares Still Trailing The IndustryWhen you see that almost half of the companies in the Basic Materials industry in China have price-to-sales ratios (or...공시 • Sep 30Tianshan Material Co., Ltd. to Report Q3, 2024 Results on Oct 26, 2024Tianshan Material Co., Ltd. announced that they will report Q3, 2024 results on Oct 26, 2024Price Target Changed • Aug 29Price target decreased by 9.0% to CN¥6.29Down from CN¥6.92, the current price target is an average from 4 analysts. New target price is 36% above last closing price of CN¥4.61. Stock is down 40% over the past year. The company is forecast to post earnings per share of CN¥0.06 for next year compared to CN¥0.23 last year.Reported Earnings • Aug 27Second quarter 2024 earnings released: CN¥0.17 loss per share (vs CN¥0.16 profit in 2Q 2023)Second quarter 2024 results: CN¥0.17 loss per share (down from CN¥0.16 profit in 2Q 2023). Revenue: CN¥23.3b (down 25% from 2Q 2023). Net loss: CN¥1.49b (down 209% from profit in 2Q 2023). Revenue is forecast to grow 4.0% p.a. on average during the next 3 years, compared to a 8.3% growth forecast for the Basic Materials 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.분석 기사 • Jul 27Tianshan Material (SZSE:000877) Use Of Debt Could Be Considered RiskyLegendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...공시 • Jun 29Tianshan Material Co., Ltd. to Report First Half, 2024 Results on Aug 29, 2024Tianshan Material Co., Ltd. announced that they will report first half, 2024 results on Aug 29, 2024분석 기사 • Jun 21Tianshan Material Co., Ltd. (SZSE:000877) Shares Could Be 41% Below Their Intrinsic Value EstimateKey Insights Using the 2 Stage Free Cash Flow to Equity, Tianshan Material fair value estimate is CN¥8.59 Tianshan...분석 기사 • May 24Tianshan Material (SZSE:000877) Is Reducing Its Dividend To CN¥0.114Tianshan Material Co., Ltd. ( SZSE:000877 ) is reducing its dividend from last year's comparable payment to CN¥0.114 on...Declared Dividend • May 24Dividend reduced to CN¥0.11Dividend of CN¥0.11 is 58% lower than last year. Ex-date: 29th May 2024 Payment date: 29th May 2024 Dividend yield will be 1.8%, which is lower than the industry average of 3.0%. Sustainability & Growth Dividend is covered by both earnings (78% earnings payout ratio) and cash flows (23% cash payout ratio). The dividend has increased by an average of 1.3% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 100% over the next 3 years, which should provide support to the dividend and adequate earnings cover.분석 기사 • May 06Earnings Troubles May Signal Larger Issues for Tianshan Material (SZSE:000877) ShareholdersInvestors were disappointed by Tianshan Material Co., Ltd.'s ( SZSE:000877 ) latest earnings release. We did some...Reported Earnings • Apr 30First quarter 2024 earnings released: CN¥0.22 loss per share (vs CN¥0.14 loss in 1Q 2023)First quarter 2024 results: CN¥0.22 loss per share (further deteriorated from CN¥0.14 loss in 1Q 2023). Revenue: CN¥16.4b (down 27% from 1Q 2023). Net loss: CN¥1.92b (loss widened 56% from 1Q 2023). Revenue is forecast to grow 6.3% p.a. on average during the next 3 years, compared to a 8.7% growth forecast for the Basic Materials industry in China. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 50 percentage points per year, which is a significant difference in performance.Buy Or Sell Opportunity • Apr 30Now 25% undervalued after recent price dropOver the last 90 days, the stock has fallen 2.7% to CN¥6.44. The fair value is estimated to be CN¥8.59, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 24% over the last 3 years. Earnings per share has declined by 74%. Revenue is forecast to grow by 16% in 2 years. Earnings are forecast to grow by 171% in the next 2 years.Price Target Changed • Apr 02Price target decreased by 10% to CN¥7.04Down from CN¥7.83, the current price target is an average from 3 analysts. New target price is approximately in line with last closing price of CN¥6.97. Stock is down 22% over the past year. The company is forecast to post earnings per share of CN¥0.18 for next year compared to CN¥0.23 last year.공시 • Mar 30Xinjiangtianshan Cement Co.,Ltd to Report Q1, 2024 Results on Apr 30, 2024Xinjiangtianshan Cement Co.,Ltd announced that they will report Q1, 2024 results on Apr 30, 2024분석 기사 • Mar 29Earnings Report: Xinjiangtianshan Cement Co.,Ltd Missed Revenue Estimates By 11%It's shaping up to be a tough period for Xinjiangtianshan Cement Co.,Ltd ( SZSE:000877 ), which a week ago released...공시 • Mar 27Xinjiangtianshan Cement Co.,Ltd, Annual General Meeting, Apr 18, 2024Xinjiangtianshan Cement Co.,Ltd, Annual General Meeting, Apr 18, 2024, at 14:30 China Standard Time. Location: No. 70, World Expo Museum Road, Pudong New Area, Shanghai ChinaReported Earnings • Mar 27Full year 2023 earnings: EPS and revenues miss analyst expectationsFull year 2023 results: EPS: CN¥0.23 (down from CN¥0.53 in FY 2022). Revenue: CN¥107.4b (down 19% from FY 2022). Net income: CN¥1.97b (down 57% from FY 2022). Profit margin: 1.8% (down from 3.4% in FY 2022). Revenue missed analyst estimates by 11%. Earnings per share (EPS) also missed analyst estimates by 3.9%. Revenue is forecast to grow 9.9% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Basic Materials 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.Buy Or Sell Opportunity • Mar 26Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 5.8% to CN¥6.98. The fair value is estimated to be CN¥5.80, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 12% over the last 3 years. Earnings per share has declined by 55%. For the next 3 years, revenue is forecast to grow by 6.2% per annum. Earnings are also forecast to grow by 46% per annum over the same time period.분석 기사 • Feb 29Estimating The Fair Value Of Xinjiangtianshan Cement Co.,Ltd (SZSE:000877)Key Insights Using the 2 Stage Free Cash Flow to Equity, Xinjiangtianshan CementLtd fair value estimate is CN¥5.80...Buy Or Sell Opportunity • Feb 05Now 21% overvaluedOver the last 90 days, the stock has fallen 6.4% to CN¥6.77. The fair value is estimated to be CN¥5.58, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 12% over the last 3 years. Earnings per share has declined by 55%. For the next 3 years, revenue is forecast to grow by 6.2% per annum. Earnings are also forecast to grow by 34% per annum over the same time period.공시 • Jan 27Xinjiang Tianshan Cement Co., Ltd. Provides Earnings Guidance for the Year Ended December 31, 2023Xinjiang Tianshan Cement Co. Ltd. provided earnings guidance for the year ended December 31, 2023. For the period, the company expects net profit attributable to shareholders of the company of RMB 1,600.00 million to RMB 2,080.00 million, decrease as compared with the same period of last year: 64.78% to 54.21%. Net profit after deducting non-recurring gains or losses of RMB 500.00 million to RMB 1,000.00 million, decrease as compared with the same period of last year: 81.51% to 63.03%. Basic earnings per share of RMB 0.1847 to RMB 0.2401.공시 • Dec 30Xinjiangtianshan Cement Co.,Ltd to Report Fiscal Year 2023 Results on Mar 27, 2024Xinjiangtianshan Cement Co.,Ltd announced that they will report fiscal year 2023 results on Mar 27, 2024공시 • Oct 29Xinjiangtianshan Cement Co.,Ltd Announces Board ChangesXinjiangtianshan Cement Co.,Ltd announced the election of non-independent directors as follows:-Wang Bing and Yin Zhisong at its Extraordinary General Meeting held on 25 Oct. 2023.Reported Earnings • Oct 26Third quarter 2023 earnings released: CN¥0.011 loss per share (vs CN¥0.067 profit in 3Q 2022)Third quarter 2023 results: CN¥0.011 loss per share (down from CN¥0.067 profit in 3Q 2022). Revenue: CN¥26.9b (down 19% from 3Q 2022). Net loss: CN¥90.9m (down 116% from profit in 3Q 2022). Revenue is forecast to grow 5.3% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Basic Materials industry in China. Over the last 3 years on average, earnings per share has fallen by 55% 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 • Sep 30Xinjiangtianshan Cement Co.,Ltd to Report Q3, 2023 Results on Oct 26, 2023Xinjiangtianshan Cement Co.,Ltd announced that they will report Q3, 2023 results on Oct 26, 2023Major Estimate Revision • Aug 30Consensus EPS estimates fall by 21%The consensus outlook for earnings per share (EPS) in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from CN¥137.3b to CN¥129.3b. EPS estimate also fell from CN¥1.02 per share to CN¥0.80 per share. Net income forecast to grow 696% next year vs 77% growth forecast for Basic Materials industry in China. Consensus price target down from CN¥9.48 to CN¥8.47. Share price fell 3.9% to CN¥7.82 over the past week.Price Target Changed • Aug 29Price target decreased by 11% to CN¥8.47Down from CN¥9.48, the current price target is an average from 4 analysts. New target price is 5.7% above last closing price of CN¥8.01. Stock is down 18% over the past year. The company is forecast to post earnings per share of CN¥0.80 for next year compared to CN¥0.53 last year.Reported Earnings • Aug 24Second quarter 2023 earnings released: EPS: CN¥0.16 (vs CN¥0.28 in 2Q 2022)Second quarter 2023 results: EPS: CN¥0.16 (down from CN¥0.28 in 2Q 2022). Revenue: CN¥31.1b (down 17% from 2Q 2022). Net income: CN¥1.37b (down 44% from 2Q 2022). Profit margin: 4.4% (down from 6.6% in 2Q 2022). Revenue is forecast to grow 7.5% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Basic Materials industry in China. Over the last 3 years on average, earnings per share has fallen by 42% per year but the company’s share price has only fallen by 28% per year, which means it has not declined as severely as earnings.공시 • Jul 13Xinjiang Tianshan Cement Co., Ltd. Provides Earnings Guidance for the Period from 1 January 2023 to 30 June 2023Xinjiang Tianshan Cement Co. Ltd. provides earnings guidance for the period from 1 January 2023 to 30 June 2023. Net profit attributable to shareholders of Tianshan Cement of RMB 100.00 million to RMB 150.00 million. Basic earnings per share RMB 0.0115 to RMB 0.0173.공시 • May 27Xinjiangtianshan Cement Co.,Ltd Announces Final Dividend on share A for 2022, Payable on June 2, 2023Xinjiangtianshan Cement Co.,Ltd announced final Cash dividend/10 shares (tax included): CNY 2.70000000 on share A for 2022. Record date: 01 June 2023, Ex-date: 02 June 2023, Payment date: 02 June 2023.Major Estimate Revision • Mar 28Consensus revenue estimates fall by 13%The consensus outlook for revenues in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from CN¥159.6b to CN¥138.3b. EPS estimate fell from CN¥1.26 to CN¥0.86 per share. Net income forecast to grow 65% next year vs 53% growth forecast for Basic Materials industry in China. Consensus price target down from CN¥11.43 to CN¥10.26. Share price fell 5.4% to CN¥8.91 over the past week.Price Target Changed • Mar 24Price target decreased by 15% to CN¥9.76Down from CN¥11.43, the current price target is an average from 3 analysts. New target price is 5.7% above last closing price of CN¥9.23. Stock is down 28% over the past year. The company is forecast to post earnings per share of CN¥1.12 for next year compared to CN¥0.53 last year.Reported Earnings • Mar 22Full year 2022 earnings: EPS and revenues miss analyst expectationsFull year 2022 results: EPS: CN¥0.53 (down from CN¥1.57 in FY 2021). Revenue: CN¥132.6b (down 22% from FY 2021). Net income: CN¥4.54b (down 64% from FY 2021). Profit margin: 3.4% (down from 7.4% in FY 2021). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 16%. Earnings per share (EPS) also missed analyst estimates by 41%. Revenue is forecast to grow 9.1% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Basic Materials industry in China. Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings.공시 • Nov 17Xinjiangtianshan Cement Co.,Ltd Approves Liu Yan as Non-Independent DirectorsXinjiangtianshan Cement Co.,Ltd at its 5th Extraordinary General Meeting of 2022 on 15 November 2022, approved Liu Yan as non-independent directors.Price Target Changed • Nov 16Price target decreased to CN¥13.24Down from CN¥15.06, the current price target is an average from 3 analysts. New target price is 49% above last closing price of CN¥8.88. Stock is down 36% over the past year. The company is forecast to post earnings per share of CN¥1.11 for next year compared to CN¥1.57 last year.Board Change • Nov 16Less than half of directors are independentThere are 9 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 9 new directors. 1 experienced director. No highly experienced directors. 3 independent directors (5 non-independent directors). Independent Director Lei Zhan is the most experienced director on the board, commencing their role in 2018. Independent Director Xiangzhong Kong was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors.Reported Earnings • Oct 30Third quarter 2022 earnings released: EPS: CN¥0.067 (vs CN¥0.42 in 3Q 2021)Third quarter 2022 results: EPS: CN¥0.067 (down from CN¥0.42 in 3Q 2021). Revenue: CN¥33.2b (down 71% from 3Q 2021). Net income: CN¥570.3m (down 94% from 3Q 2021). Profit margin: 1.7% (down from 8.0% in 3Q 2021). Revenue is forecast to grow 9.5% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Basic Materials industry in China. Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings.Price Target Changed • Oct 22Price target decreased to CN¥13.73Down from CN¥15.06, the current price target is an average from 4 analysts. New target price is 60% above last closing price of CN¥8.59. Stock is down 40% over the past year. The company is forecast to post earnings per share of CN¥1.29 for next year compared to CN¥1.57 last year.Major Estimate Revision • Aug 29Consensus EPS estimates fall by 13%The consensus outlook for earnings per share (EPS) in 2022 has deteriorated. 2022 revenue forecast decreased from CN¥169.6b to CN¥164.6b. EPS estimate also fell from CN¥1.49 per share to CN¥1.30 per share. Net income forecast to grow 29% next year vs 30% growth forecast for Basic Materials industry in China. Consensus price target broadly unchanged at CN¥14.92. Share price fell 10% to CN¥9.73 over the past week.Reported Earnings • Aug 24Second quarter 2022 earnings released: EPS: CN¥0.28 (vs CN¥0.63 in 2Q 2021)Second quarter 2022 results: EPS: CN¥0.28. Revenue: CN¥37.2b (up CN¥34.1b from 2Q 2021). Net income: CN¥2.46b (up 271% from 2Q 2021). Profit margin: 6.6% (down from 21% 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 16% growth forecast for the Basic Materials industry in China.Board Change • Jul 01Less than half of directors are independentThere are 9 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 9 new directors. 1 experienced director. No highly experienced directors. 3 independent directors (5 non-independent directors). Independent Director Lei Zhan is the most experienced director on the board, commencing their role in 2018. Independent Director Xiangzhong Kong was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors.공시 • Jun 01Xinjiangtianshan Cement Co.,Ltd Announces Final Cash Dividend on A Shares for 2021, Payable on 08 June 2022Xinjiangtianshan Cement Co.,Ltd announced final cash dividend of CNY 3.30000000 per 10 shares on A shares for 2021. Record date is 07 June 2022, Ex-date is 08 June 2022 and Payment date is 08 June 2022.Reported Earnings • Apr 27First quarter 2022 earnings: EPS and revenues miss analyst expectationsFirst quarter 2022 results: EPS: CN¥0.12 (down from CN¥0.17 in 1Q 2021). Revenue: CN¥28.3b (down 1.8% from 1Q 2021). Net income: CN¥1.02b (down 23% from 1Q 2021). Profit margin: 3.6% (down from 4.6% in 1Q 2021). Revenue missed analyst estimates by 1.3%. Earnings per share (EPS) also missed analyst estimates by 1.6%. Over the next year, revenue is forecast to grow 2.5%, compared to a 18% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has increased by 1% per year whereas the company’s share price has increased by 4% per year.공시 • Apr 19Xinjiang Tianshan Cement Co., Ltd. Approves Cash Dividend for 2021Xinjiang Tianshan Cement Co., Ltd. Approved cash dividend/10 shares (tax included) of CNY 3.30000000 for 2021 at the AGM held on April 15, 2022.Major Estimate Revision • Mar 28Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 revenue forecast increased from CN¥11.0b to CN¥174.9b. EPS estimate fell from CN¥1.91 to CN¥1.79. Net income forecast to grow 14% next year vs 28% growth forecast for Basic Materials industry in China. Consensus price target down from CN¥21.60 to CN¥16.18. Share price fell 6.1% to CN¥12.83 over the past week.Price Target Changed • Mar 22Price target decreased to CN¥16.40Down from CN¥22.50, the current price target is an average from 2 analysts. New target price is 24% above last closing price of CN¥13.26. Stock is down 21% over the past year. The company is forecast to post earnings per share of CN¥1.59 for next year compared to CN¥1.45 last year.Reported Earnings • Oct 31Third quarter 2021 earnings released: EPS CN¥0.42 (vs CN¥0.45 in 3Q 2020)The company reported a solid third quarter result with improved earnings and revenues, although profit margins were weaker. Third quarter 2021 results: Revenue: CN¥114.3b (up CN¥111.8b from 3Q 2020). Net income: CN¥9.13b (up CN¥8.67b from 3Q 2020). Profit margin: 8.0% (down from 19% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has increased by 22% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • Sep 29Investor sentiment deteriorated over the past weekAfter last week's 19% share price decline to CN¥13.84, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 8x in the Basic Materials industry in China. Total returns to shareholders of 94% over the past three years.Valuation Update With 7 Day Price Move • Sep 06Investor sentiment improved over the past weekAfter last week's 18% share price gain to CN¥16.77, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 8x in the Basic Materials industry in China. Total returns to shareholders of 135% over the past three years.Reported Earnings • Aug 22Second quarter 2021 earnings released: EPS CN¥0.63 (vs CN¥0.67 in 2Q 2020)The company reported a soft second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2021 results: Revenue: CN¥3.13b (up 2.2% from 2Q 2020). Net income: CN¥663.1m (down 6.1% from 2Q 2020). Profit margin: 21% (down from 23% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 19% per year whereas the company’s share price has increased by 22% per year.Valuation Update With 7 Day Price Move • Aug 20Investor sentiment improved over the past weekAfter last week's 18% share price gain to CN¥16.04, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 7x in the Basic Materials industry in China. Total returns to shareholders of 100% over the past three years.Board Change • Jul 31High number of new directorsIndependent Director Xiangzhong Kong was the last director to join the board, commencing their role in 2021.공시 • May 21Xinjiang Tianshan Cement Co., Ltd. Implements A Shares Final Cash Distribution for 2020, Payable on 26 May 2021Xinjiang Tianshan Cement Co., Ltd. implemented A shares final cash distribution of CNY 4.80000000 per 10 shares for 2020. Record date: 27 May 2021. Ex-date: 26 May 2021. Payment date: 26 May 2021.Reported Earnings • Apr 16First quarter 2021 earnings released: EPS CN¥0.084 (vs CN¥0.028 loss in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: CN¥999.3m (up 87% from 1Q 2020). Net income: CN¥87.5m (up CN¥117.4m from 1Q 2020). Profit margin: 8.8% (up from net loss in 1Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth.Reported Earnings • Mar 12Full year 2020 earnings released: EPS CN¥1.45 (vs CN¥1.56 in FY 2019)The company reported a poor full year result with weaker earnings and revenues, although profit margins were flat. Full year 2020 results: Revenue: CN¥8.69b (down 10% from FY 2019). Net income: CN¥1.52b (down 7.3% from FY 2019). Profit margin: 17% (in line with FY 2019). Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth.Analyst Estimate Surprise Post Earnings • Mar 12Revenue and earnings miss expectationsRevenue missed analyst estimates by 22%. Earnings per share (EPS) also missed analyst estimates by 28%. Over the next year, revenue is forecast to grow 40%, compared to a 22% growth forecast for the Basic Materials industry in China.Valuation Update With 7 Day Price Move • Mar 10Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to CN¥15.05, the stock is trading at a trailing P/E ratio of 9.9x, down from the previous P/E ratio of 11.8x. This compares to an average P/E of 15x in the Basic Materials industry in China. Total returns to shareholders over the past three years are 39%.Is New 90 Day High Low • Mar 03New 90-day high: CN¥18.01The company is up 12% from its price of CN¥16.04 on 03 December 2020. The Chinese market is up 2.0% over the last 90 days, indicating the company outperformed over that time. However, its price trend is similar to the Basic Materials industry, which is also up 12% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥44.45 per share.Valuation Update With 7 Day Price Move • Feb 22Investor sentiment improved over the past weekAfter last week's 15% share price gain to CN¥16.16, the stock is trading at a trailing P/E ratio of 10.6x, up from the previous P/E ratio of 9.2x. This compares to an average P/E of 15x in the Basic Materials industry in China. Total returns to shareholders over the past three years are 61%.Is New 90 Day High Low • Feb 02New 90-day low: CN¥14.48The company is down 7.0% from its price of CN¥15.56 on 04 November 2020. The Chinese market is up 6.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Basic Materials industry, which is up 8.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥44.74 per share.공시 • Jan 22Xinjiang Tianshan Cement Co., Ltd. to Report Fiscal Year 2020 Results on Mar 12, 2021Xinjiang Tianshan Cement Co., Ltd. announced that they will report fiscal year 2020 results on Mar 12, 2021Is New 90 Day High Low • Dec 28New 90-day low: CN¥14.61The company is down 17% from its price of CN¥17.67 on 29 September 2020. The Chinese market is up 6.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Basic Materials industry, which is down 2.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥44.76 per share.Valuation Update With 7 Day Price Move • Nov 17Market bids up stock over the past weekAfter last week's 22% share price gain to CN¥18.68, the stock is trading at a trailing P/E ratio of 12.3x, up from the previous P/E ratio of 10.1x. This compares to an average P/E of 16x in the Basic Materials industry in China. Total returns to shareholders over the past three years are 100%.Is New 90 Day High Low • Oct 30New 90-day low: CN¥14.85The company is down 18% from its price of CN¥18.02 on 24 July 2020. The Chinese market is down 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Basic Materials industry, which is down 9.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥36.83 per share.Reported Earnings • Oct 28Third quarter earnings releasedOver the last 12 months the company has reported total profits of CN¥1.60b, down 3.5% from the prior year. Total revenue was CN¥8.56b over the last 12 months, down 10% from the prior year.공시 • Oct 20Xinjiang Tianshan Cement Co., Ltd. to Report Q3, 2020 Results on Oct 28, 2020Xinjiang Tianshan Cement Co., Ltd. announced that they will report Q3, 2020 results on Oct 28, 2020Is New 90 Day High Low • Oct 14New 90-day low: CN¥17.18The company is down 2.0% from its price of CN¥17.53 on 16 July 2020. The Chinese market is flat over the last 90 days, indicating the company underperformed over that time. It also underperformed the Basic Materials industry, which is up 6.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥69.29 per share.공시 • Aug 11Xinjiang Tianshan Cement Co., Ltd. announced a financing transactionXinjiang Tianshan Cement Co., Ltd. (SZSE:000877) announced a private placement of not more than 314,616,887 shares, to not more than 35 investors, the shares will be priced at not less than 80% of the average price in the 20 trading days before the pricing reference date on August 7, 2020. The shares to be issued will have a hold period of 6 months from the closing. The transaction has been approved by the board of directors of the parent of the company. The transaction has also been approved by the board of directors of the company in its 26th meeting of it’s 7th directorate and the 13th meeting of it's 7th supervisory board. The transaction is still subject to state administration for market regulation’s review on business concentration anti-monopoly, state-owned assets supervision and administration department’s filing of the target assetes’ assessment reports, China National Building Material Co., Ltd.’s internal decision-making authority’s approval, second approval of the company’s directorate after the target assets’ audit and assessment work are completed, state-owned assets supervision and administration department’s approval of the official transaction, company’s shareholders’ approval of the official transaction, China Securities Regulatory Commission approval of the official transaction, other necessary approvals.공시 • Aug 08Xinjiang Tianshan Cement Co., Ltd. (SZSE:000877) signed Indicative Agreements to acquire stakes in South West Cement Company Limited and South Cement Company Limited.Xinjiang Tianshan Cement Co., Ltd. (SZSE:000877) signed Indicative Agreements to acquire stakes in South West Cement Company Limited and South Cement Company Limited on August 7, 2020. Under the terms, Xinjiang Tianshan will acquire 15.1% stake and 15.9% stake in South Cement and Southwest Cement respectively from independent sellers. The consideration will be paid by issuance of new shares of Xinjiang Tianshan. In related transactions, Xinjiang Tianshan will acquire stake in different companies from its parent China National Building Material Company Limited (SEHK : 3323) as a part of asset restructuring in the group. The indicative agreement will take effect upon fulfillment of various conditions applicable for the proposed restructuring.공시 • Jul 24Xinjiang Tianshan Cement Co., Ltd. to Report First Half, 2020 Results on Aug 20, 2020Xinjiang Tianshan Cement Co., Ltd. announced that they will report first half, 2020 results on Aug 20, 2020이익 및 매출 성장 예측SZSE:000877 - 애널리스트 향후 추정치 및 과거 재무 데이터 (CNY Millions)날짜매출이익자유현금흐름영업현금흐름평균 애널리스트 수12/31/202874,1811,179N/A14,014112/31/202772,568448N/A14,598112/31/202672,80374N/A12,53613/31/202671,884-7,2906,75811,094N/A12/31/202574,496-7,2917,02212,264N/A9/30/202580,4831,8476,63713,955N/A6/30/202583,2911,7724,92012,896N/A3/31/202585,612-2903,74011,700N/A12/31/202487,025-7173,34412,479N/A9/30/202488,472-1,833-1,1289,233N/A6/30/202493,650-1,590-4289,867N/A3/31/2024101,3601,2734,26714,110N/A12/31/2023107,3801,9656,37816,951N/A9/30/2023114,3315285,82816,899N/A6/30/2023120,5581,1926,29918,529N/A3/31/2023126,6932,2862,26618,349N/A1/1/2023132,5814,542-27215,252N/A9/30/2022150,2036,7272,71322,346N/A6/30/2022159,6809,7134,89224,121N/A3/31/2022169,53212,2387,94927,469N/A1/1/2022170,03012,5488,39728,425N/A9/30/2021167,95013,46512,36930,949N/A6/30/2021234,36718,63822,35147,239N/A3/31/2021190,37914,35318,96838,637N/A12/31/2020162,14912,98823,34939,145N/A9/30/2020115,1139,86314,54324,140N/A6/30/20209,3291,6422,8083,000N/A3/31/20209,2801,4422,3122,484N/A12/31/20199,6881,636N/A2,676N/A9/30/20199,5401,657N/A2,696N/A6/30/20198,9171,604N/A2,302N/A3/31/20198,1271,422N/A1,831N/A12/31/20187,9321,241N/A1,720N/A9/30/20187,676717N/A1,906N/A6/30/20187,454547N/A1,397N/A3/31/20187,243382N/A1,172N/A12/31/20177,080265N/A1,167N/A9/30/20176,342409N/A654N/A6/30/20175,605229N/A688N/A3/31/20175,188157N/A542N/A12/31/20165,001100N/A579N/A9/30/20164,793-197N/A436N/A6/30/20164,931-375N/A401N/A3/31/20164,962-481N/A353N/A12/31/20155,047-525N/A237N/A9/30/20155,385-378N/A327N/A6/30/20155,73918N/A361N/A더 보기애널리스트 향후 성장 전망수입 대 저축률: 000877 은 향후 3년 동안 수익을 낼 것으로 예상되며, 이는 절약률(2.4%)보다 빠른 성장으로 간주됩니다.수익 vs 시장: 000877 (는) 향후 3년 동안 평균 시장 성장보다 높은 수익을 올릴 것으로 예상됩니다.고성장 수익: 000877 향후 3년 내에 수익을 낼 것으로 예상됩니다.수익 대 시장: 000877 의 수익(연간 1%)이 CN 시장(연간 16.3%)보다 느리게 성장할 것으로 예상됩니다.고성장 매출: 000877 의 수익(연간 1%)은 연간 20%보다 느리게 증가할 것으로 예상됩니다.주당순이익 성장 예측향후 자기자본이익률미래 ROE: 000877의 자본 수익률은 3년 후 0.7%로 낮을 것으로 예상됩니다.성장 기업 찾아보기7D1Y7D1Y7D1YMaterials 산업의 고성장 기업.View Past Performance기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/06/11 09:45종가2026/06/11 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 소스Tianshan Material Co., Ltd.는 7명의 분석가가 다루고 있습니다. 이 중 1명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Mingxin SunCitic Securities Co., Ltd.Haowu ChenEverbright Securities Co. Ltd.Yanhe FangHuatai Research4명의 분석가 더 보기
Price Target Changed • Apr 07Price target decreased by 31% to CN¥5.41Down from CN¥7.83, the current price target is provided by 1 analyst. New target price is 11% above last closing price of CN¥4.87. Stock is down 11% over the past year. The company is forecast to post earnings per share of CN¥0.01 next year compared to a net loss per share of CN¥1.03 last year.
Major Estimate Revision • Oct 30Consensus EPS estimates fall by 57%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from CN¥81.5b to CN¥76.5b. EPS estimate also fell from CN¥0.255 per share to CN¥0.11 per share. Net income forecast to shrink 2.8% next year vs 19% growth forecast for Basic Materials industry in China . Consensus price target down from CN¥7.83 to CN¥7.52. Share price fell 4.9% to CN¥5.96 over the past week.
Price Target Changed • Apr 16Price target increased by 11% to CN¥7.88Up from CN¥7.07, the current price target is an average from 2 analysts. New target price is 41% above last closing price of CN¥5.57. Stock is down 18% over the past year. The company is forecast to post earnings per share of CN¥0.32 next year compared to a net loss per share of CN¥0.075 last year.
Price Target Changed • Dec 19Price target increased by 22% to CN¥7.07Up from CN¥5.82, the current price target is an average from 3 analysts. New target price is 14% above last closing price of CN¥6.22. Stock is down 6.2% over the past year. The company is forecast to post earnings per share of CN¥0.11 for next year compared to CN¥0.23 last year.
Price Target Changed • Aug 29Price target decreased by 9.0% to CN¥6.29Down from CN¥6.92, the current price target is an average from 4 analysts. New target price is 36% above last closing price of CN¥4.61. Stock is down 40% over the past year. The company is forecast to post earnings per share of CN¥0.06 for next year compared to CN¥0.23 last year.
Price Target Changed • Apr 02Price target decreased by 10% to CN¥7.04Down from CN¥7.83, the current price target is an average from 3 analysts. New target price is approximately in line with last closing price of CN¥6.97. Stock is down 22% over the past year. The company is forecast to post earnings per share of CN¥0.18 for next year compared to CN¥0.23 last year.
Price Target Changed • Apr 07Price target decreased by 31% to CN¥5.41Down from CN¥7.83, the current price target is provided by 1 analyst. New target price is 11% above last closing price of CN¥4.87. Stock is down 11% over the past year. The company is forecast to post earnings per share of CN¥0.01 next year compared to a net loss per share of CN¥1.03 last year.
공시 • Mar 31Tianshan Material Co., Ltd. to Report Q1, 2026 Results on Apr 28, 2026Tianshan Material Co., Ltd. announced that they will report Q1, 2026 results on Apr 28, 2026
Reported Earnings • Mar 31Full year 2025 earnings released: CN¥1.03 loss per share (vs CN¥0.075 loss in FY 2024)Full year 2025 results: CN¥1.03 loss per share (further deteriorated from CN¥0.075 loss in FY 2024). Revenue: CN¥74.5b (down 14% from FY 2024). Net loss: CN¥7.29b (loss widened CN¥6.69b from FY 2024). Revenue is forecast to grow 2.3% p.a. on average during the next 2 years, compared to a 6.0% growth forecast for the Basic Materials industry in China. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 66 percentage points per year, which is a significant difference in performance.
공시 • Mar 31Tianshan Material Co., Ltd., Annual General Meeting, Apr 23, 2026Tianshan Material Co., Ltd., Annual General Meeting, Apr 23, 2026, at 14:30 China Standard Time. Location: No. 70, Shiboguan Road, Pudong New Area, Shanghai China
공시 • Dec 31Tianshan Material Co., Ltd. to Report Fiscal Year 2025 Results on Mar 26, 2026Tianshan Material Co., Ltd. announced that they will report fiscal year 2025 results on Mar 26, 2026
Major Estimate Revision • Oct 30Consensus EPS estimates fall by 57%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from CN¥81.5b to CN¥76.5b. EPS estimate also fell from CN¥0.255 per share to CN¥0.11 per share. Net income forecast to shrink 2.8% next year vs 19% growth forecast for Basic Materials industry in China . Consensus price target down from CN¥7.83 to CN¥7.52. Share price fell 4.9% to CN¥5.96 over the past week.
New Risk • Oct 10New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Chinese stocks, typically moving 9.1% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.5x net interest cover). Share price has been highly volatile over the past 3 months (9.1% average weekly change). Minor Risk Large one-off items impacting financial results.
공시 • Sep 30Tianshan Material Co., Ltd. to Report Q3, 2025 Results on Oct 24, 2025Tianshan Material Co., Ltd. announced that they will report Q3, 2025 results on Oct 24, 2025
Valuation Update With 7 Day Price Move • Aug 25Investor sentiment improves as stock rises 26%After last week's 26% share price gain to CN¥7.24, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 18x in the Basic Materials industry in China. Total loss to shareholders of 22% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥3.46 per share.
New Risk • Aug 22New 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 7.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.5x net interest cover). Minor Risks Share price has been volatile over the past 3 months (7.0% average weekly change). Large one-off items impacting financial results.
공시 • Jul 02Tianshan Material Co., Ltd. to Report First Half, 2025 Results on Aug 19, 2025Tianshan Material Co., Ltd. announced that they will report first half, 2025 results on Aug 19, 2025
Reported Earnings • Apr 27First quarter 2025 earnings released: CN¥0.21 loss per share (vs CN¥0.22 loss in 1Q 2024)First quarter 2025 results: CN¥0.21 loss per share (improved from CN¥0.22 loss in 1Q 2024). Revenue: CN¥14.9b (down 8.6% from 1Q 2024). Net loss: CN¥1.49b (loss narrowed 22% from 1Q 2024). Revenue is forecast to stay flat during the next 3 years compared to a 5.9% growth forecast for the Basic Materials industry in China. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 82 percentage points per year, which is a significant difference in performance.
Price Target Changed • Apr 16Price target increased by 11% to CN¥7.88Up from CN¥7.07, the current price target is an average from 2 analysts. New target price is 41% above last closing price of CN¥5.57. Stock is down 18% over the past year. The company is forecast to post earnings per share of CN¥0.32 next year compared to a net loss per share of CN¥0.075 last year.
공시 • Mar 31Tianshan Material Co., Ltd. to Report Q1, 2025 Results on Apr 24, 2025Tianshan Material Co., Ltd. announced that they will report Q1, 2025 results on Apr 24, 2025
Reported Earnings • Mar 27Full year 2024 earnings: EPS and revenues miss analyst expectationsFull year 2024 results: CN¥0.075 loss per share (down from CN¥0.23 profit in FY 2023). Revenue: CN¥87.0b (down 19% from FY 2023). Net loss: CN¥598.4m (down 131% from profit in FY 2023). Revenue missed analyst estimates by 3.4%. Earnings per share (EPS) were also behind analyst expectations. Revenue is forecast to grow 3.1% p.a. on average during the next 2 years, compared to a 7.5% growth forecast for the Basic Materials industry in China. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 79 percentage points per year, which is a significant difference in performance.
공시 • Mar 27Tianshan Material Co., Ltd., Annual General Meeting, Apr 18, 2025Tianshan Material Co., Ltd., Annual General Meeting, Apr 18, 2025, at 14:30 China Standard Time. Location: No. 70, World Expo Museum Road, Pudong New Area, Shanghai China
Board Change • Feb 14High number of new and inexperienced directorsThere are 8 new directors who have joined the board in the last 3 years. The company's board is composed of: 8 new directors. 4 experienced directors. No highly experienced directors. President & Non-Independent Director Xinjun Zhao is the most experienced director on the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.
공시 • Feb 13Tianshan Material Co., Ltd. Approves Management AppointmentsTianshan Material Co., Ltd. at its Extraordinary General Meeting of 2025 held on 11 February 2025, approved election of Zhao Xinjun, Yu Yuehua, Fan Liting, Zhang Jiwu and Shen Jun as non-independent directors; election of Kong Weiping and Li Chen as independent director and election of Zhuang Qinxia, Du Guangyuan and Shang Deying as supervisors.
분석 기사 • Feb 10Tianshan Material (SZSE:000877) Seems To Be Using A Lot Of DebtLegendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
분석 기사 • Jan 06Why Investors Shouldn't Be Surprised By Tianshan Material Co., Ltd.'s (SZSE:000877) Low P/SWith a price-to-sales (or "P/S") ratio of 0.4x Tianshan Material Co., Ltd. ( SZSE:000877 ) may be sending bullish...
공시 • Dec 31Tianshan Material Co., Ltd. to Report Fiscal Year 2024 Results on Mar 27, 2025Tianshan Material Co., Ltd. announced that they will report fiscal year 2024 results on Mar 27, 2025
Price Target Changed • Dec 19Price target increased by 22% to CN¥7.07Up from CN¥5.82, the current price target is an average from 3 analysts. New target price is 14% above last closing price of CN¥6.22. Stock is down 6.2% over the past year. The company is forecast to post earnings per share of CN¥0.11 for next year compared to CN¥0.23 last year.
Reported Earnings • Oct 26Third quarter 2024 earnings released: CN¥0.044 loss per share (vs CN¥0.011 loss in 3Q 2023)Third quarter 2024 results: CN¥0.044 loss per share (further deteriorated from CN¥0.011 loss in 3Q 2023). Revenue: CN¥21.8b (down 19% from 3Q 2023). Net loss: CN¥334.2m (loss widened 268% from 3Q 2023). Revenue is forecast to grow 4.6% p.a. on average during the next 3 years, compared to a 7.6% growth forecast for the Basic Materials industry in China. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 78 percentage points per year, which is a significant difference in performance.
분석 기사 • Oct 01Tianshan Material Co., Ltd.'s (SZSE:000877) Business And Shares Still Trailing The IndustryWhen you see that almost half of the companies in the Basic Materials industry in China have price-to-sales ratios (or...
공시 • Sep 30Tianshan Material Co., Ltd. to Report Q3, 2024 Results on Oct 26, 2024Tianshan Material Co., Ltd. announced that they will report Q3, 2024 results on Oct 26, 2024
Price Target Changed • Aug 29Price target decreased by 9.0% to CN¥6.29Down from CN¥6.92, the current price target is an average from 4 analysts. New target price is 36% above last closing price of CN¥4.61. Stock is down 40% over the past year. The company is forecast to post earnings per share of CN¥0.06 for next year compared to CN¥0.23 last year.
Reported Earnings • Aug 27Second quarter 2024 earnings released: CN¥0.17 loss per share (vs CN¥0.16 profit in 2Q 2023)Second quarter 2024 results: CN¥0.17 loss per share (down from CN¥0.16 profit in 2Q 2023). Revenue: CN¥23.3b (down 25% from 2Q 2023). Net loss: CN¥1.49b (down 209% from profit in 2Q 2023). Revenue is forecast to grow 4.0% p.a. on average during the next 3 years, compared to a 8.3% growth forecast for the Basic Materials 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.
분석 기사 • Jul 27Tianshan Material (SZSE:000877) Use Of Debt Could Be Considered RiskyLegendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
공시 • Jun 29Tianshan Material Co., Ltd. to Report First Half, 2024 Results on Aug 29, 2024Tianshan Material Co., Ltd. announced that they will report first half, 2024 results on Aug 29, 2024
분석 기사 • Jun 21Tianshan Material Co., Ltd. (SZSE:000877) Shares Could Be 41% Below Their Intrinsic Value EstimateKey Insights Using the 2 Stage Free Cash Flow to Equity, Tianshan Material fair value estimate is CN¥8.59 Tianshan...
분석 기사 • May 24Tianshan Material (SZSE:000877) Is Reducing Its Dividend To CN¥0.114Tianshan Material Co., Ltd. ( SZSE:000877 ) is reducing its dividend from last year's comparable payment to CN¥0.114 on...
Declared Dividend • May 24Dividend reduced to CN¥0.11Dividend of CN¥0.11 is 58% lower than last year. Ex-date: 29th May 2024 Payment date: 29th May 2024 Dividend yield will be 1.8%, which is lower than the industry average of 3.0%. Sustainability & Growth Dividend is covered by both earnings (78% earnings payout ratio) and cash flows (23% cash payout ratio). The dividend has increased by an average of 1.3% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 100% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
분석 기사 • May 06Earnings Troubles May Signal Larger Issues for Tianshan Material (SZSE:000877) ShareholdersInvestors were disappointed by Tianshan Material Co., Ltd.'s ( SZSE:000877 ) latest earnings release. We did some...
Reported Earnings • Apr 30First quarter 2024 earnings released: CN¥0.22 loss per share (vs CN¥0.14 loss in 1Q 2023)First quarter 2024 results: CN¥0.22 loss per share (further deteriorated from CN¥0.14 loss in 1Q 2023). Revenue: CN¥16.4b (down 27% from 1Q 2023). Net loss: CN¥1.92b (loss widened 56% from 1Q 2023). Revenue is forecast to grow 6.3% p.a. on average during the next 3 years, compared to a 8.7% growth forecast for the Basic Materials industry in China. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 50 percentage points per year, which is a significant difference in performance.
Buy Or Sell Opportunity • Apr 30Now 25% undervalued after recent price dropOver the last 90 days, the stock has fallen 2.7% to CN¥6.44. The fair value is estimated to be CN¥8.59, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 24% over the last 3 years. Earnings per share has declined by 74%. Revenue is forecast to grow by 16% in 2 years. Earnings are forecast to grow by 171% in the next 2 years.
Price Target Changed • Apr 02Price target decreased by 10% to CN¥7.04Down from CN¥7.83, the current price target is an average from 3 analysts. New target price is approximately in line with last closing price of CN¥6.97. Stock is down 22% over the past year. The company is forecast to post earnings per share of CN¥0.18 for next year compared to CN¥0.23 last year.
공시 • Mar 30Xinjiangtianshan Cement Co.,Ltd to Report Q1, 2024 Results on Apr 30, 2024Xinjiangtianshan Cement Co.,Ltd announced that they will report Q1, 2024 results on Apr 30, 2024
분석 기사 • Mar 29Earnings Report: Xinjiangtianshan Cement Co.,Ltd Missed Revenue Estimates By 11%It's shaping up to be a tough period for Xinjiangtianshan Cement Co.,Ltd ( SZSE:000877 ), which a week ago released...
공시 • Mar 27Xinjiangtianshan Cement Co.,Ltd, Annual General Meeting, Apr 18, 2024Xinjiangtianshan Cement Co.,Ltd, Annual General Meeting, Apr 18, 2024, at 14:30 China Standard Time. Location: No. 70, World Expo Museum Road, Pudong New Area, Shanghai China
Reported Earnings • Mar 27Full year 2023 earnings: EPS and revenues miss analyst expectationsFull year 2023 results: EPS: CN¥0.23 (down from CN¥0.53 in FY 2022). Revenue: CN¥107.4b (down 19% from FY 2022). Net income: CN¥1.97b (down 57% from FY 2022). Profit margin: 1.8% (down from 3.4% in FY 2022). Revenue missed analyst estimates by 11%. Earnings per share (EPS) also missed analyst estimates by 3.9%. Revenue is forecast to grow 9.9% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Basic Materials 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.
Buy Or Sell Opportunity • Mar 26Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 5.8% to CN¥6.98. The fair value is estimated to be CN¥5.80, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 12% over the last 3 years. Earnings per share has declined by 55%. For the next 3 years, revenue is forecast to grow by 6.2% per annum. Earnings are also forecast to grow by 46% per annum over the same time period.
분석 기사 • Feb 29Estimating The Fair Value Of Xinjiangtianshan Cement Co.,Ltd (SZSE:000877)Key Insights Using the 2 Stage Free Cash Flow to Equity, Xinjiangtianshan CementLtd fair value estimate is CN¥5.80...
Buy Or Sell Opportunity • Feb 05Now 21% overvaluedOver the last 90 days, the stock has fallen 6.4% to CN¥6.77. The fair value is estimated to be CN¥5.58, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 12% over the last 3 years. Earnings per share has declined by 55%. For the next 3 years, revenue is forecast to grow by 6.2% per annum. Earnings are also forecast to grow by 34% per annum over the same time period.
공시 • Jan 27Xinjiang Tianshan Cement Co., Ltd. Provides Earnings Guidance for the Year Ended December 31, 2023Xinjiang Tianshan Cement Co. Ltd. provided earnings guidance for the year ended December 31, 2023. For the period, the company expects net profit attributable to shareholders of the company of RMB 1,600.00 million to RMB 2,080.00 million, decrease as compared with the same period of last year: 64.78% to 54.21%. Net profit after deducting non-recurring gains or losses of RMB 500.00 million to RMB 1,000.00 million, decrease as compared with the same period of last year: 81.51% to 63.03%. Basic earnings per share of RMB 0.1847 to RMB 0.2401.
공시 • Dec 30Xinjiangtianshan Cement Co.,Ltd to Report Fiscal Year 2023 Results on Mar 27, 2024Xinjiangtianshan Cement Co.,Ltd announced that they will report fiscal year 2023 results on Mar 27, 2024
공시 • Oct 29Xinjiangtianshan Cement Co.,Ltd Announces Board ChangesXinjiangtianshan Cement Co.,Ltd announced the election of non-independent directors as follows:-Wang Bing and Yin Zhisong at its Extraordinary General Meeting held on 25 Oct. 2023.
Reported Earnings • Oct 26Third quarter 2023 earnings released: CN¥0.011 loss per share (vs CN¥0.067 profit in 3Q 2022)Third quarter 2023 results: CN¥0.011 loss per share (down from CN¥0.067 profit in 3Q 2022). Revenue: CN¥26.9b (down 19% from 3Q 2022). Net loss: CN¥90.9m (down 116% from profit in 3Q 2022). Revenue is forecast to grow 5.3% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Basic Materials industry in China. Over the last 3 years on average, earnings per share has fallen by 55% 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 • Sep 30Xinjiangtianshan Cement Co.,Ltd to Report Q3, 2023 Results on Oct 26, 2023Xinjiangtianshan Cement Co.,Ltd announced that they will report Q3, 2023 results on Oct 26, 2023
Major Estimate Revision • Aug 30Consensus EPS estimates fall by 21%The consensus outlook for earnings per share (EPS) in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from CN¥137.3b to CN¥129.3b. EPS estimate also fell from CN¥1.02 per share to CN¥0.80 per share. Net income forecast to grow 696% next year vs 77% growth forecast for Basic Materials industry in China. Consensus price target down from CN¥9.48 to CN¥8.47. Share price fell 3.9% to CN¥7.82 over the past week.
Price Target Changed • Aug 29Price target decreased by 11% to CN¥8.47Down from CN¥9.48, the current price target is an average from 4 analysts. New target price is 5.7% above last closing price of CN¥8.01. Stock is down 18% over the past year. The company is forecast to post earnings per share of CN¥0.80 for next year compared to CN¥0.53 last year.
Reported Earnings • Aug 24Second quarter 2023 earnings released: EPS: CN¥0.16 (vs CN¥0.28 in 2Q 2022)Second quarter 2023 results: EPS: CN¥0.16 (down from CN¥0.28 in 2Q 2022). Revenue: CN¥31.1b (down 17% from 2Q 2022). Net income: CN¥1.37b (down 44% from 2Q 2022). Profit margin: 4.4% (down from 6.6% in 2Q 2022). Revenue is forecast to grow 7.5% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Basic Materials industry in China. Over the last 3 years on average, earnings per share has fallen by 42% per year but the company’s share price has only fallen by 28% per year, which means it has not declined as severely as earnings.
공시 • Jul 13Xinjiang Tianshan Cement Co., Ltd. Provides Earnings Guidance for the Period from 1 January 2023 to 30 June 2023Xinjiang Tianshan Cement Co. Ltd. provides earnings guidance for the period from 1 January 2023 to 30 June 2023. Net profit attributable to shareholders of Tianshan Cement of RMB 100.00 million to RMB 150.00 million. Basic earnings per share RMB 0.0115 to RMB 0.0173.
공시 • May 27Xinjiangtianshan Cement Co.,Ltd Announces Final Dividend on share A for 2022, Payable on June 2, 2023Xinjiangtianshan Cement Co.,Ltd announced final Cash dividend/10 shares (tax included): CNY 2.70000000 on share A for 2022. Record date: 01 June 2023, Ex-date: 02 June 2023, Payment date: 02 June 2023.
Major Estimate Revision • Mar 28Consensus revenue estimates fall by 13%The consensus outlook for revenues in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from CN¥159.6b to CN¥138.3b. EPS estimate fell from CN¥1.26 to CN¥0.86 per share. Net income forecast to grow 65% next year vs 53% growth forecast for Basic Materials industry in China. Consensus price target down from CN¥11.43 to CN¥10.26. Share price fell 5.4% to CN¥8.91 over the past week.
Price Target Changed • Mar 24Price target decreased by 15% to CN¥9.76Down from CN¥11.43, the current price target is an average from 3 analysts. New target price is 5.7% above last closing price of CN¥9.23. Stock is down 28% over the past year. The company is forecast to post earnings per share of CN¥1.12 for next year compared to CN¥0.53 last year.
Reported Earnings • Mar 22Full year 2022 earnings: EPS and revenues miss analyst expectationsFull year 2022 results: EPS: CN¥0.53 (down from CN¥1.57 in FY 2021). Revenue: CN¥132.6b (down 22% from FY 2021). Net income: CN¥4.54b (down 64% from FY 2021). Profit margin: 3.4% (down from 7.4% in FY 2021). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 16%. Earnings per share (EPS) also missed analyst estimates by 41%. Revenue is forecast to grow 9.1% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Basic Materials industry in China. Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings.
공시 • Nov 17Xinjiangtianshan Cement Co.,Ltd Approves Liu Yan as Non-Independent DirectorsXinjiangtianshan Cement Co.,Ltd at its 5th Extraordinary General Meeting of 2022 on 15 November 2022, approved Liu Yan as non-independent directors.
Price Target Changed • Nov 16Price target decreased to CN¥13.24Down from CN¥15.06, the current price target is an average from 3 analysts. New target price is 49% above last closing price of CN¥8.88. Stock is down 36% over the past year. The company is forecast to post earnings per share of CN¥1.11 for next year compared to CN¥1.57 last year.
Board Change • Nov 16Less than half of directors are independentThere are 9 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 9 new directors. 1 experienced director. No highly experienced directors. 3 independent directors (5 non-independent directors). Independent Director Lei Zhan is the most experienced director on the board, commencing their role in 2018. Independent Director Xiangzhong Kong was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors.
Reported Earnings • Oct 30Third quarter 2022 earnings released: EPS: CN¥0.067 (vs CN¥0.42 in 3Q 2021)Third quarter 2022 results: EPS: CN¥0.067 (down from CN¥0.42 in 3Q 2021). Revenue: CN¥33.2b (down 71% from 3Q 2021). Net income: CN¥570.3m (down 94% from 3Q 2021). Profit margin: 1.7% (down from 8.0% in 3Q 2021). Revenue is forecast to grow 9.5% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Basic Materials industry in China. Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings.
Price Target Changed • Oct 22Price target decreased to CN¥13.73Down from CN¥15.06, the current price target is an average from 4 analysts. New target price is 60% above last closing price of CN¥8.59. Stock is down 40% over the past year. The company is forecast to post earnings per share of CN¥1.29 for next year compared to CN¥1.57 last year.
Major Estimate Revision • Aug 29Consensus EPS estimates fall by 13%The consensus outlook for earnings per share (EPS) in 2022 has deteriorated. 2022 revenue forecast decreased from CN¥169.6b to CN¥164.6b. EPS estimate also fell from CN¥1.49 per share to CN¥1.30 per share. Net income forecast to grow 29% next year vs 30% growth forecast for Basic Materials industry in China. Consensus price target broadly unchanged at CN¥14.92. Share price fell 10% to CN¥9.73 over the past week.
Reported Earnings • Aug 24Second quarter 2022 earnings released: EPS: CN¥0.28 (vs CN¥0.63 in 2Q 2021)Second quarter 2022 results: EPS: CN¥0.28. Revenue: CN¥37.2b (up CN¥34.1b from 2Q 2021). Net income: CN¥2.46b (up 271% from 2Q 2021). Profit margin: 6.6% (down from 21% 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 16% growth forecast for the Basic Materials industry in China.
Board Change • Jul 01Less than half of directors are independentThere are 9 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 9 new directors. 1 experienced director. No highly experienced directors. 3 independent directors (5 non-independent directors). Independent Director Lei Zhan is the most experienced director on the board, commencing their role in 2018. Independent Director Xiangzhong Kong was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors.
공시 • Jun 01Xinjiangtianshan Cement Co.,Ltd Announces Final Cash Dividend on A Shares for 2021, Payable on 08 June 2022Xinjiangtianshan Cement Co.,Ltd announced final cash dividend of CNY 3.30000000 per 10 shares on A shares for 2021. Record date is 07 June 2022, Ex-date is 08 June 2022 and Payment date is 08 June 2022.
Reported Earnings • Apr 27First quarter 2022 earnings: EPS and revenues miss analyst expectationsFirst quarter 2022 results: EPS: CN¥0.12 (down from CN¥0.17 in 1Q 2021). Revenue: CN¥28.3b (down 1.8% from 1Q 2021). Net income: CN¥1.02b (down 23% from 1Q 2021). Profit margin: 3.6% (down from 4.6% in 1Q 2021). Revenue missed analyst estimates by 1.3%. Earnings per share (EPS) also missed analyst estimates by 1.6%. Over the next year, revenue is forecast to grow 2.5%, compared to a 18% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has increased by 1% per year whereas the company’s share price has increased by 4% per year.
공시 • Apr 19Xinjiang Tianshan Cement Co., Ltd. Approves Cash Dividend for 2021Xinjiang Tianshan Cement Co., Ltd. Approved cash dividend/10 shares (tax included) of CNY 3.30000000 for 2021 at the AGM held on April 15, 2022.
Major Estimate Revision • Mar 28Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 revenue forecast increased from CN¥11.0b to CN¥174.9b. EPS estimate fell from CN¥1.91 to CN¥1.79. Net income forecast to grow 14% next year vs 28% growth forecast for Basic Materials industry in China. Consensus price target down from CN¥21.60 to CN¥16.18. Share price fell 6.1% to CN¥12.83 over the past week.
Price Target Changed • Mar 22Price target decreased to CN¥16.40Down from CN¥22.50, the current price target is an average from 2 analysts. New target price is 24% above last closing price of CN¥13.26. Stock is down 21% over the past year. The company is forecast to post earnings per share of CN¥1.59 for next year compared to CN¥1.45 last year.
Reported Earnings • Oct 31Third quarter 2021 earnings released: EPS CN¥0.42 (vs CN¥0.45 in 3Q 2020)The company reported a solid third quarter result with improved earnings and revenues, although profit margins were weaker. Third quarter 2021 results: Revenue: CN¥114.3b (up CN¥111.8b from 3Q 2020). Net income: CN¥9.13b (up CN¥8.67b from 3Q 2020). Profit margin: 8.0% (down from 19% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has increased by 22% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • Sep 29Investor sentiment deteriorated over the past weekAfter last week's 19% share price decline to CN¥13.84, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 8x in the Basic Materials industry in China. Total returns to shareholders of 94% over the past three years.
Valuation Update With 7 Day Price Move • Sep 06Investor sentiment improved over the past weekAfter last week's 18% share price gain to CN¥16.77, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 8x in the Basic Materials industry in China. Total returns to shareholders of 135% over the past three years.
Reported Earnings • Aug 22Second quarter 2021 earnings released: EPS CN¥0.63 (vs CN¥0.67 in 2Q 2020)The company reported a soft second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2021 results: Revenue: CN¥3.13b (up 2.2% from 2Q 2020). Net income: CN¥663.1m (down 6.1% from 2Q 2020). Profit margin: 21% (down from 23% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 19% per year whereas the company’s share price has increased by 22% per year.
Valuation Update With 7 Day Price Move • Aug 20Investor sentiment improved over the past weekAfter last week's 18% share price gain to CN¥16.04, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 7x in the Basic Materials industry in China. Total returns to shareholders of 100% over the past three years.
Board Change • Jul 31High number of new directorsIndependent Director Xiangzhong Kong was the last director to join the board, commencing their role in 2021.
공시 • May 21Xinjiang Tianshan Cement Co., Ltd. Implements A Shares Final Cash Distribution for 2020, Payable on 26 May 2021Xinjiang Tianshan Cement Co., Ltd. implemented A shares final cash distribution of CNY 4.80000000 per 10 shares for 2020. Record date: 27 May 2021. Ex-date: 26 May 2021. Payment date: 26 May 2021.
Reported Earnings • Apr 16First quarter 2021 earnings released: EPS CN¥0.084 (vs CN¥0.028 loss in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: CN¥999.3m (up 87% from 1Q 2020). Net income: CN¥87.5m (up CN¥117.4m from 1Q 2020). Profit margin: 8.8% (up from net loss in 1Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Mar 12Full year 2020 earnings released: EPS CN¥1.45 (vs CN¥1.56 in FY 2019)The company reported a poor full year result with weaker earnings and revenues, although profit margins were flat. Full year 2020 results: Revenue: CN¥8.69b (down 10% from FY 2019). Net income: CN¥1.52b (down 7.3% from FY 2019). Profit margin: 17% (in line with FY 2019). Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth.
Analyst Estimate Surprise Post Earnings • Mar 12Revenue and earnings miss expectationsRevenue missed analyst estimates by 22%. Earnings per share (EPS) also missed analyst estimates by 28%. Over the next year, revenue is forecast to grow 40%, compared to a 22% growth forecast for the Basic Materials industry in China.
Valuation Update With 7 Day Price Move • Mar 10Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to CN¥15.05, the stock is trading at a trailing P/E ratio of 9.9x, down from the previous P/E ratio of 11.8x. This compares to an average P/E of 15x in the Basic Materials industry in China. Total returns to shareholders over the past three years are 39%.
Is New 90 Day High Low • Mar 03New 90-day high: CN¥18.01The company is up 12% from its price of CN¥16.04 on 03 December 2020. The Chinese market is up 2.0% over the last 90 days, indicating the company outperformed over that time. However, its price trend is similar to the Basic Materials industry, which is also up 12% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥44.45 per share.
Valuation Update With 7 Day Price Move • Feb 22Investor sentiment improved over the past weekAfter last week's 15% share price gain to CN¥16.16, the stock is trading at a trailing P/E ratio of 10.6x, up from the previous P/E ratio of 9.2x. This compares to an average P/E of 15x in the Basic Materials industry in China. Total returns to shareholders over the past three years are 61%.
Is New 90 Day High Low • Feb 02New 90-day low: CN¥14.48The company is down 7.0% from its price of CN¥15.56 on 04 November 2020. The Chinese market is up 6.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Basic Materials industry, which is up 8.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥44.74 per share.
공시 • Jan 22Xinjiang Tianshan Cement Co., Ltd. to Report Fiscal Year 2020 Results on Mar 12, 2021Xinjiang Tianshan Cement Co., Ltd. announced that they will report fiscal year 2020 results on Mar 12, 2021
Is New 90 Day High Low • Dec 28New 90-day low: CN¥14.61The company is down 17% from its price of CN¥17.67 on 29 September 2020. The Chinese market is up 6.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Basic Materials industry, which is down 2.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥44.76 per share.
Valuation Update With 7 Day Price Move • Nov 17Market bids up stock over the past weekAfter last week's 22% share price gain to CN¥18.68, the stock is trading at a trailing P/E ratio of 12.3x, up from the previous P/E ratio of 10.1x. This compares to an average P/E of 16x in the Basic Materials industry in China. Total returns to shareholders over the past three years are 100%.
Is New 90 Day High Low • Oct 30New 90-day low: CN¥14.85The company is down 18% from its price of CN¥18.02 on 24 July 2020. The Chinese market is down 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Basic Materials industry, which is down 9.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥36.83 per share.
Reported Earnings • Oct 28Third quarter earnings releasedOver the last 12 months the company has reported total profits of CN¥1.60b, down 3.5% from the prior year. Total revenue was CN¥8.56b over the last 12 months, down 10% from the prior year.
공시 • Oct 20Xinjiang Tianshan Cement Co., Ltd. to Report Q3, 2020 Results on Oct 28, 2020Xinjiang Tianshan Cement Co., Ltd. announced that they will report Q3, 2020 results on Oct 28, 2020
Is New 90 Day High Low • Oct 14New 90-day low: CN¥17.18The company is down 2.0% from its price of CN¥17.53 on 16 July 2020. The Chinese market is flat over the last 90 days, indicating the company underperformed over that time. It also underperformed the Basic Materials industry, which is up 6.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥69.29 per share.
공시 • Aug 11Xinjiang Tianshan Cement Co., Ltd. announced a financing transactionXinjiang Tianshan Cement Co., Ltd. (SZSE:000877) announced a private placement of not more than 314,616,887 shares, to not more than 35 investors, the shares will be priced at not less than 80% of the average price in the 20 trading days before the pricing reference date on August 7, 2020. The shares to be issued will have a hold period of 6 months from the closing. The transaction has been approved by the board of directors of the parent of the company. The transaction has also been approved by the board of directors of the company in its 26th meeting of it’s 7th directorate and the 13th meeting of it's 7th supervisory board. The transaction is still subject to state administration for market regulation’s review on business concentration anti-monopoly, state-owned assets supervision and administration department’s filing of the target assetes’ assessment reports, China National Building Material Co., Ltd.’s internal decision-making authority’s approval, second approval of the company’s directorate after the target assets’ audit and assessment work are completed, state-owned assets supervision and administration department’s approval of the official transaction, company’s shareholders’ approval of the official transaction, China Securities Regulatory Commission approval of the official transaction, other necessary approvals.
공시 • Aug 08Xinjiang Tianshan Cement Co., Ltd. (SZSE:000877) signed Indicative Agreements to acquire stakes in South West Cement Company Limited and South Cement Company Limited.Xinjiang Tianshan Cement Co., Ltd. (SZSE:000877) signed Indicative Agreements to acquire stakes in South West Cement Company Limited and South Cement Company Limited on August 7, 2020. Under the terms, Xinjiang Tianshan will acquire 15.1% stake and 15.9% stake in South Cement and Southwest Cement respectively from independent sellers. The consideration will be paid by issuance of new shares of Xinjiang Tianshan. In related transactions, Xinjiang Tianshan will acquire stake in different companies from its parent China National Building Material Company Limited (SEHK : 3323) as a part of asset restructuring in the group. The indicative agreement will take effect upon fulfillment of various conditions applicable for the proposed restructuring.
공시 • Jul 24Xinjiang Tianshan Cement Co., Ltd. to Report First Half, 2020 Results on Aug 20, 2020Xinjiang Tianshan Cement Co., Ltd. announced that they will report first half, 2020 results on Aug 20, 2020