View ValuationCOFCO Biotechnology 향후 성장Future 기준 점검 3/6COFCO Biotechnology (는) 각각 연간 99.4% 및 3.1% 수익과 수익이 증가할 것으로 예상됩니다. EPS는 연간 100% 만큼 성장할 것으로 예상됩니다. 자기자본이익률은 3년 후 2.1% 로 예상됩니다.핵심 정보99.4%이익 성장률100.03%EPS 성장률Chemicals 이익 성장30.1%매출 성장률3.1%향후 자기자본이익률2.12%애널리스트 커버리지Low마지막 업데이트18 May 2026최근 향후 성장 업데이트Price Target Changed • May 14Price target decreased by 13% to CN¥7.00Down from CN¥8.00, the current price target is provided by 1 analyst. New target price is 27% above last closing price of CN¥5.53. Stock is down 14% over the past year. The company is forecast to post earnings per share of CN¥0.05 for next year compared to CN¥0.013 last year.Price Target Changed • Nov 16Price target increased to CN¥13.68Up from CN¥7.31, the current price target is provided by 1 analyst. New target price is 63% above last closing price of CN¥8.38. Stock is down 27% over the past year. The company is forecast to post earnings per share of CN¥0.66 for next year compared to CN¥0.61 last year.Price Target Changed • Apr 27Price target increased to CN¥13.68Up from CN¥7.31, the current price target is an average from 2 analysts. New target price is 70% above last closing price of CN¥8.04. Stock is down 15% over the past year. The company is forecast to post earnings per share of CN¥0.58 for next year compared to CN¥0.32 last year.모든 업데이트 보기Recent updates공시 • May 30COFCO Biotechnology Co., Ltd. Approves Cash Dividend for the Year 2025COFCO Biotechnology Co., Ltd. held its Annual General Meeting of 2025 on 27 May 2026, during which the following proposal(s) was/were approved: Cash dividend/10 shares (tax included) of CNY 0.30000000 for the year 2025.New Risk • Apr 26New minor risk - Dividend sustainabilityThe company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 0.5% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. 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 Risk Earnings have declined by 54% per year over the past 5 years. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.공시 • Apr 24COFCO Biotechnology Co., Ltd., Annual General Meeting, May 27, 2026COFCO Biotechnology Co., Ltd., Annual General Meeting, May 27, 2026, at 14:00 China Standard Time. Location: 22F, Tower A, Zhaotai International Center, Chaoyangmen South Avenue, Chaoyang District, Beijing ChinaReported Earnings • Apr 24Full year 2025 earnings released: EPS: CN¥0.021 (vs CN¥0.014 in FY 2024)Full year 2025 results: EPS: CN¥0.021 (up from CN¥0.014 in FY 2024). Revenue: CN¥17.5b (down 13% from FY 2024). Net income: CN¥38.4m (up 53% from FY 2024). Profit margin: 0.2% (up from 0.1% in FY 2024). Over the last 3 years on average, earnings per share has fallen by 45% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings.공시 • Mar 31COFCO Biotechnology Co., Ltd. to Report Q1, 2026 Results on Apr 24, 2026COFCO Biotechnology Co., Ltd. announced that they will report Q1, 2026 results on Apr 24, 2026New Risk • Feb 04New major risk - Revenue and earnings growthEarnings have declined by 47% 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 Risk Earnings have declined by 47% per year over the past 5 years. Minor Risk Large one-off items impacting financial results.공시 • Dec 31COFCO Biotechnology Co., Ltd. to Report Fiscal Year 2025 Results on Apr 24, 2026COFCO Biotechnology Co., Ltd. announced that they will report fiscal year 2025 results on Apr 24, 2026Reported Earnings • Oct 24Third quarter 2025 earnings released: CN¥0.015 loss per share (vs CN¥0.028 loss in 3Q 2024)Third quarter 2025 results: CN¥0.015 loss per share (improved from CN¥0.028 loss in 3Q 2024). Revenue: CN¥4.45b (down 15% from 3Q 2024). Net loss: CN¥28.1m (loss narrowed 46% from 3Q 2024). Revenue is forecast to grow 7.0% 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, 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 • Sep 30COFCO Biotechnology Co., Ltd. to Report Q3, 2025 Results on Oct 24, 2025COFCO Biotechnology Co., Ltd. announced that they will report Q3, 2025 results on Oct 24, 2025Reported Earnings • Aug 24Second quarter 2025 earnings released: EPS: CN¥0.036 (vs CN¥0.02 in 2Q 2024)Second quarter 2025 results: EPS: CN¥0.036 (up from CN¥0.02 in 2Q 2024). Revenue: CN¥4.43b (down 14% from 2Q 2024). Net income: CN¥66.7m (up 82% from 2Q 2024). Profit margin: 1.5% (up from 0.7% in 2Q 2024). Revenue is forecast to grow 5.4% 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, the company's share price growth rate has exceeded its earnings growth rate by 81 percentage points per year, which is a significant difference in performance.공시 • Jul 02COFCO Biotechnology Co., Ltd. to Report First Half, 2025 Results on Aug 22, 2025COFCO Biotechnology Co., Ltd. announced that they will report first half, 2025 results on Aug 22, 2025Price Target Changed • May 14Price target decreased by 13% to CN¥7.00Down from CN¥8.00, the current price target is provided by 1 analyst. New target price is 27% above last closing price of CN¥5.53. Stock is down 14% over the past year. The company is forecast to post earnings per share of CN¥0.05 for next year compared to CN¥0.013 last year.Reported Earnings • Apr 26First quarter 2025 earnings released: EPS: CN¥0.022 (vs CN¥0.013 in 1Q 2024)First quarter 2025 results: EPS: CN¥0.022 (up from CN¥0.013 in 1Q 2024). Revenue: CN¥4.39b (down 7.3% from 1Q 2024). Net income: CN¥40.5m (up 63% from 1Q 2024). Profit margin: 0.9% (up from 0.5% in 1Q 2024). Revenue is forecast to grow 5.0% 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, the company's share price growth rate has exceeded its earnings growth rate by 86 percentage points per year, which is a significant difference in performance.공시 • Apr 26COFCO Biotechnology Co., Ltd., Annual General Meeting, May 20, 2025COFCO Biotechnology Co., Ltd., Annual General Meeting, May 20, 2025, at 14:30 China Standard Time. Location: 22F, Tower A, Zhaotai International Center, Chaoyangmen South Avenue, Chaoyang District, Beijing China공시 • Apr 02COFCO Biotechnology Co., Ltd. to Report Q1, 2025 Results on Apr 26, 2025COFCO Biotechnology Co., Ltd. announced that they will report Q1, 2025 results on Apr 26, 2025분석 기사 • Feb 24COFCO Biotechnology Co., Ltd.'s (SZSE:000930) Prospects Need A Boost To Lift SharesWith a price-to-sales (or "P/S") ratio of 0.5x COFCO Biotechnology Co., Ltd. ( SZSE:000930 ) may be sending bullish...분석 기사 • Jan 07COFCO Biotechnology (SZSE:000930) Is Making Moderate Use Of DebtThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...공시 • Dec 31COFCO Biotechnology Co., Ltd. to Report Fiscal Year 2024 Results on Apr 26, 2025COFCO Biotechnology Co., Ltd. announced that they will report fiscal year 2024 results on Apr 26, 2025Reported Earnings • Oct 26Third quarter 2024 earnings released: CN¥0.028 loss per share (vs CN¥0.001 profit in 3Q 2023)Third quarter 2024 results: CN¥0.028 loss per share (down from CN¥0.001 profit in 3Q 2023). Revenue: CN¥5.21b (down 3.7% from 3Q 2023). Net loss: CN¥51.9m (down CN¥54.3m from profit in 3Q 2023). Revenue is forecast to grow 1.8% 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, the company's share price growth rate has exceeded its earnings growth rate by 75 percentage points per year, which is a significant difference in performance.분석 기사 • Oct 14COFCO Biotechnology Co., Ltd. (SZSE:000930) Surges 39% Yet Its Low P/S Is No Reason For ExcitementCOFCO Biotechnology Co., Ltd. ( SZSE:000930 ) shareholders would be excited to see that the share price has had a great...공시 • Sep 30COFCO Biotechnology Co., Ltd. to Report Q3, 2024 Results on Oct 26, 2024COFCO Biotechnology Co., Ltd. announced that they will report Q3, 2024 results on Oct 26, 2024분석 기사 • Sep 30We Think COFCO Biotechnology (SZSE:000930) Has A Fair Chunk Of DebtHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...공시 • Sep 21COFCO Biotechnology Co., Ltd. Announces Board ChangesCOFCO Biotechnology Co., Ltd. at its EGM held on 19 September 2024 appointed Zhang Deguo, Zheng Heshan as non-independent director; appointed Zhang Nianchun and Wang Ping as independent director.Reported Earnings • Aug 24Second quarter 2024 earnings released: EPS: CN¥0.02 (vs CN¥0.18 loss in 2Q 2023)Second quarter 2024 results: EPS: CN¥0.02 (up from CN¥0.18 loss in 2Q 2023). Revenue: CN¥5.18b (up 8.2% from 2Q 2023). Net income: CN¥36.6m (up CN¥373.3m from 2Q 2023). Profit margin: 0.7% (up from net loss in 2Q 2023). Revenue is forecast to grow 1.3% 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, the company's share price growth rate has exceeded its earnings growth rate by 63 percentage points per year, which is a significant difference in performance.분석 기사 • Jul 17COFCO Biotechnology Co., Ltd. (SZSE:000930) Looks Inexpensive But Perhaps Not Attractive EnoughWith a price-to-sales (or "P/S") ratio of 0.5x COFCO Biotechnology Co., Ltd. ( SZSE:000930 ) may be sending bullish...공시 • Jun 29COFCO Biotechnology Co., Ltd. to Report First Half, 2024 Results on Aug 24, 2024COFCO Biotechnology Co., Ltd. announced that they will report first half, 2024 results on Aug 24, 2024Board Change • Jun 12High number of new and inexperienced directorsThere are 7 new directors who have joined the board in the last 3 years. The company's board is composed of: 7 new directors. 3 experienced directors. 1 highly experienced director. GM & Non-Independent Director De Guo Zhang is the most experienced director on the board, commencing their role in 2013. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.분석 기사 • Jun 03COFCO Biotechnology (SZSE:000930) Is Carrying A Fair Bit Of DebtWarren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...Reported Earnings • Apr 26First quarter 2024 earnings released: EPS: CN¥0.013 (vs CN¥0.001 in 1Q 2023)First quarter 2024 results: EPS: CN¥0.013 (up from CN¥0.001 in 1Q 2023). Revenue: CN¥4.73b (up 4.6% from 1Q 2023). Net income: CN¥24.8m (up CN¥23.4m from 1Q 2023). Profit margin: 0.5% (up from 0% in 1Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 57 percentage points per year, which is a significant difference in performance.공시 • Apr 26COFCO Biotechnology Co., Ltd., Annual General Meeting, May 16, 2024COFCO Biotechnology Co., Ltd., Annual General Meeting, May 16, 2024, at 14:30 China Standard Time. Location: 22F, Tower A, Zhaitai Int'l Center, Chaoyangmen South Avenue, Chaoyang District, Beijing China분석 기사 • Apr 17Returns On Capital Signal Tricky Times Ahead For COFCO Biotechnology (SZSE:000930)What trends should we look for it we want to identify stocks that can multiply in value over the long term? In a...공시 • Mar 30COFCO Biotechnology Co., Ltd. to Report Q1, 2024 Results on Apr 25, 2024COFCO Biotechnology Co., Ltd. announced that they will report Q1, 2024 results on Apr 25, 2024분석 기사 • Mar 07COFCO Biotechnology Co., Ltd.'s (SZSE:000930) Price Is Right But Growth Is LackingCOFCO Biotechnology Co., Ltd.'s ( SZSE:000930 ) price-to-sales (or "P/S") ratio of 0.6x might make it look like a buy...공시 • Dec 29COFCO Biotechnology Co., Ltd. to Report Fiscal Year 2023 Results on Apr 25, 2024COFCO Biotechnology Co., Ltd. announced that they will report fiscal year 2023 results on Apr 25, 2024New Risk • Nov 23New major risk - Revenue and earnings growthEarnings have declined by 0.2% 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 Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Earnings have declined by 0.2% per year over the past 5 years.Reported Earnings • Oct 27Third quarter 2023 earnings released: EPS: CN¥0.001 (vs CN¥0.097 in 3Q 2022)Third quarter 2023 results: EPS: CN¥0.001 (down from CN¥0.097 in 3Q 2022). Revenue: CN¥5.41b (up 26% from 3Q 2022). Net income: CN¥2.38m (down 99% from 3Q 2022). Profit margin: 0% (down from 4.2% in 3Q 2022). Revenue is forecast to grow 10.0% 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 24% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings.공시 • Sep 30COFCO Biotechnology Co., Ltd. to Report Q3, 2023 Results on Oct 27, 2023COFCO Biotechnology Co., Ltd. announced that they will report Q3, 2023 results on Oct 27, 2023Buying Opportunity • Sep 26Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 12%. The fair value is estimated to be CN¥8.71, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company became loss making.Buying Opportunity • Aug 31Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 13%. The fair value is estimated to be CN¥8.71, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company became loss making.Reported Earnings • Aug 26Second quarter 2023 earnings released: CN¥0.18 loss per share (vs CN¥0.23 profit in 2Q 2022)Second quarter 2023 results: CN¥0.18 loss per share (down from CN¥0.23 profit in 2Q 2022). Revenue: CN¥4.79b (down 8.4% from 2Q 2022). Net loss: CN¥336.7m (down 177% from profit in 2Q 2022). Revenue is forecast to grow 11% 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 4% per year but the company’s share price has fallen by 10% per year, which means it is performing significantly worse than earnings.공시 • Jun 28COFCO Biotechnology Co., Ltd. Implements Cash Dividend (A shares) for 2022, Payable on July 03, 2023COFCO Biotechnology Co., Ltd. announced implementation of cash dividend (tax included) (A shares) of CNY 5.70000000 per 10 shares. Record date: 30 June 2023. Ex-date: 03 July 2023. Payment date: 03 July 2023.공시 • May 20+ 1 more updateCOFCO Biotechnology Co., Ltd. Approves the Election of Wang Laichun as a Non-Employee SupervisorCOFCO Biotechnology Co., Ltd. at its Annual General Meeting of 2022 held on 18 May 2023, approved the election of Wang Laichun as a Non-Employee Supervisor.Reported Earnings • Apr 16Full year 2022 earnings released: EPS: CN¥0.57 (vs CN¥0.61 in FY 2021)Full year 2022 results: EPS: CN¥0.57 (down from CN¥0.61 in FY 2021). Revenue: CN¥19.9b (down 15% from FY 2021). Net income: CN¥1.06b (down 6.6% from FY 2021). Profit margin: 5.3% (up from 4.8% in FY 2021). The increase in margin was driven by lower expenses. Revenue is forecast to grow 12% p.a. on average during the next 2 years, compared to a 18% growth forecast for the Chemicals industry in China. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.Price Target Changed • Nov 16Price target increased to CN¥13.68Up from CN¥7.31, the current price target is provided by 1 analyst. New target price is 63% above last closing price of CN¥8.38. Stock is down 27% over the past year. The company is forecast to post earnings per share of CN¥0.66 for next year compared to CN¥0.61 last year.Board Change • Nov 16High 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. Independent Director Shihui Li is the most experienced director on the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.Reported Earnings • Oct 28Third quarter 2022 earnings released: EPS: CN¥0.097 (vs CN¥0.13 in 3Q 2021)Third quarter 2022 results: EPS: CN¥0.097 (down from CN¥0.13 in 3Q 2021). Revenue: CN¥4.29b (down 29% from 3Q 2021). Net income: CN¥179.7m (down 24% from 3Q 2021). Profit margin: 4.2% (up from 3.9% in 3Q 2021). Revenue is forecast to grow 4.6% 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 increased by 31% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.공시 • Sep 15Shaanxi Guohua Fusion Industry Development Fund Partnership Enterprise (Limited Partnership) managed by Shaanxi Aerospace Guohua Private Equity Fund Management Co., Ltd. and China Aerospace Investment Holdings Ltd. agreed to acquire additional 5% minority stake in COFCO Biomaterials (Elm Tree) Co., Ltd. from SIN YANG INDUSTRIES & TRADING PTE LTD for CNY 1.Shaanxi Guohua Fusion Industry Development Fund Partnership Enterprise (Limited Partnership) managed by Shaanxi Aerospace Guohua Private Equity Fund Management Co., Ltd. and China Aerospace Investment Holdings Ltd. agreed to acquire additional 5% minority stake in COFCO Biomaterials (Elm Tree) Co., Ltd. from SIN YANG INDUSTRIES & TRADING PTE LTD for CNY 1 on June 22, 2022. Under the terms, China Aerospace Investment will pay CNY 0.54 and Shaanxi Guohua Fusion Industry Development Fund Partnership Enterprise (Limited Partnership) managed by Shaanxi Aerospace Guohua Private Equity Fund Management Co., Ltd will pay CNY 0.46.Reported Earnings • Aug 24Second quarter 2022 earnings released: EPS: CN¥0.23 (vs CN¥0.19 in 2Q 2021)Second quarter 2022 results: EPS: CN¥0.23 (up from CN¥0.19 in 2Q 2021). Revenue: CN¥5.23b (down 18% from 2Q 2021). Net income: CN¥436.7m (up 25% from 2Q 2021). Profit margin: 8.4% (up from 5.5% in 2Q 2021). The increase in margin was driven by lower expenses. Over the next year, revenue is forecast to grow 8.2%, compared to a 42% growth forecast for the Chemicals industry in China. 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 8% per year, which means it is significantly lagging earnings growth.공시 • Jun 03COFCO Biotechnology Co., Ltd. Announces 2021 Final Profit Distribution Plan to Be Implemented (A Shares), Payment Date: 10 June 2022COFCO Biotechnology Co., Ltd. announced 2021 final profit distribution plan to be implemented (A shares): Cash dividend/10 shares (tax included): CNY 2.45000000. Record date: 09 June 2022, Ex-date: 10 June 2022 and Payment date: 10 June 2022. 10% withholding tax on cash dividend will be deducted in CNY within the cash dividend receivable. Please refer to below details: Tax on cash dividend/10 shares: CNY0.24500000(10% x CNY2.45000000) Net cash dividend/10 shares after tax: CNY2.20500000(CNY2.45000000- CNY0.24500000).공시 • May 28COFCO Biotechnology Co., Ltd. Approves Cash Dividend for the Year 2021COFCO Biotechnology Co., Ltd. announced that at the AGM was held on 25 May 2022, the company approved the cash dividend of CNY 2.45 per 10 shares (tax included) for the year 2021.공시 • May 02COFCO Biotechnology Co., Ltd. Proposes Final Cash Dividend for the Year 2021COFCO Biotechnology Co., Ltd. proposed final cash dividend of CNY 2.45 per 10 shares (tax included) for the year 2021.Reported Earnings • Apr 30First quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behindFirst quarter 2022 results: EPS: CN¥0.19 (down from CN¥0.19 in 1Q 2021). Revenue: CN¥5.38b (down 4.3% from 1Q 2021). Net income: CN¥349.0m (down 1.9% from 1Q 2021). Profit margin: 6.5% (up from 6.3% in 1Q 2021). Revenue missed analyst estimates by 7.3%. Earnings per share (EPS) exceeded analyst estimates by 5.3%. Over the next year, revenue is forecast to grow 19%, compared to a 43% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.Price Target Changed • Apr 27Price target increased to CN¥13.68Up from CN¥7.31, the current price target is an average from 2 analysts. New target price is 70% above last closing price of CN¥8.04. Stock is down 15% over the past year. The company is forecast to post earnings per share of CN¥0.58 for next year compared to CN¥0.32 last year.Board Change • Apr 27High number of new and inexperienced directorsThere are 9 new directors who have joined the board in the last 3 years. The company's board is composed of: 9 new directors. 3 experienced directors. No highly experienced directors. Independent Director Shihui Li is the most experienced director on the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.Reported Earnings • Nov 01Third quarter 2021 earnings released: EPS CN¥0.13 (vs CN¥0.091 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: CN¥6.06b (up 30% from 3Q 2020). Net income: CN¥234.9m (up 40% from 3Q 2020). Profit margin: 3.9% (up from 3.6% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.Board Change • Sep 14High number of new and inexperienced directorsThere are 9 new directors who have joined the board in the last 3 years. The company's board is composed of: 9 new directors. 3 experienced directors. No highly experienced directors. Independent Director Shihui Li is the most experienced director on the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.Board Change • Sep 13High number of new and inexperienced directorsThere are 9 new directors who have joined the board in the last 3 years. The company's board is composed of: 9 new directors. 3 experienced directors. No highly experienced directors. Independent Director Shihui Li is the most experienced director on the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.Board Change • Sep 10High number of new and inexperienced directorsThere are 9 new directors who have joined the board in the last 3 years. The company's board is composed of: 9 new directors. 3 experienced directors. No highly experienced directors. Independent Director Shihui Li is the most experienced director on the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.Board Change • Sep 07High number of new and inexperienced directorsThere are 9 new directors who have joined the board in the last 3 years. The company's board is composed of: 9 new directors. 3 experienced directors. No highly experienced directors. Independent Director Shihui Li is the most experienced director on the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.Reported Earnings • Aug 27Second quarter 2021 earnings released: EPS CN¥0.19 (vs CN¥0.14 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CN¥6.38b (up 22% from 2Q 2020). Net income: CN¥350.2m (up 32% from 2Q 2020). Profit margin: 5.5% (up from 5.1% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.공시 • May 25Cofco Biotechnology Co., Ltd. Approves Final Cash Dividend for the Year 2020COFCO Biotechnology Co., Ltd. at its annual general meeting held on May 21, 2021 approved final cash dividend of CNY 0.65000000 per 10 shares (tax included) for 2020.Reported Earnings • Apr 16Full year 2020 earnings released: EPS CN¥0.32 (vs CN¥0.32 in FY 2019)The company reported a solid full year result with improved revenues, although earnings and profit margins were flat. Full year 2020 results: Revenue: CN¥19.9b (up 2.2% from FY 2019). Net income: CN¥593.1m (flat on FY 2019). Profit margin: 3.0% (in line with FY 2019).Valuation Update With 7 Day Price Move • Feb 05Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to CN¥9.07, the stock is trading at a trailing P/E ratio of 22.7x, down from the previous P/E ratio of 27.3x. This compares to an average P/E of 35x in the Chemicals industry in China. Total returns to shareholders over the past year are 11%.Is New 90 Day High Low • Jan 25New 90-day high: CN¥10.11The company is up 22% from its price of CN¥8.32 on 27 October 2020. The Chinese market is up 12% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Chemicals industry, which is up 25% over the same period.Valuation Update With 7 Day Price Move • Jan 05Investor sentiment improved over the past weekAfter last week's 17% share price gain to CN¥9.64, the stock is trading at a trailing P/E ratio of 24.2x, up from the previous P/E ratio of 20.6x. This compares to an average P/E of 36x in the Chemicals industry in China. Total returns to shareholders over the past year are 41%.Is New 90 Day High Low • Jan 05New 90-day high: CN¥9.64The company is up 15% from its price of CN¥8.39 on 30 September 2020. The Chinese market is up 10.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Chemicals industry, which is up 16% over the same period.Reported Earnings • Oct 26Third quarter earnings releasedOver the last 12 months the company has reported total profits of CN¥737.4m, up 120% from the prior year. Total revenue was CN¥19.6b over the last 12 months, up 6.2% from the prior year.공시 • Oct 19COFCO Biotechnology Co., Ltd. to Report Q3, 2020 Results on Oct 26, 2020COFCO Biotechnology Co., Ltd. announced that they will report Q3, 2020 results on Oct 26, 2020공시 • Aug 12COFCO Biotechnology Co., Ltd. to Report First Half, 2020 Results on Aug 28, 2020COFCO Biotechnology Co., Ltd. announced that they will report first half, 2020 results on Aug 28, 2020이익 및 매출 성장 예측SZSE:000930 - 애널리스트 향후 추정치 및 과거 재무 데이터 (CNY Millions)날짜매출이익자유현금흐름영업현금흐름평균 애널리스트 수12/31/202818,420446N/A1,575112/31/202717,520154N/A1,354112/31/202616,870-191N/A1,31313/31/202617,005-1244341,172N/A12/31/202517,512381,1741,847N/A9/30/202518,191956451,270N/A6/30/202518,955711,4702,011N/A3/31/202519,707418371,314N/A12/31/202420,05325-327156N/A9/30/202420,782-259335791N/A6/30/202420,980-2051,5642,054N/A3/31/202420,588-5782,6903,225N/A12/31/202320,379-6021,3231,958N/A9/30/202319,743-240-347335N/A6/30/202318,619-63-1,016-391N/A3/31/202319,060711-2,498-1,909N/A1/1/202319,9181,059143708N/A9/30/202220,3701,1604801,235N/A6/30/202222,1421,2151,8402,712N/A3/31/202223,3201,1233,1864,259N/A1/1/202223,5601,1303,7324,842N/A9/30/202124,0119941,1882,354N/A6/30/202122,630928-1,665-555N/A3/31/202121,460848-2,466-1,434N/A12/31/202019,909593-3,898-2,911N/A9/30/202019,569737-1,061-180N/A6/30/202019,8837729301,843N/A3/31/202018,9356361,2972,171N/A12/31/201919,472593N/A3,650N/A9/30/201918,424332N/A3,289N/A6/30/201917,720304N/A865N/A3/31/201917,850430N/A-246N/A12/31/201817,704483N/A-923N/A9/30/201824,4801,254N/A894N/A6/30/201821,8481,070N/A1,483N/A3/31/201818,821967N/A1,647N/A12/31/201715,892929N/A2,017N/A9/30/20176,164237N/A1,239N/A6/30/20175,898339N/A1,022N/A3/31/20175,854232N/A888N/A12/31/20165,603127N/A785N/A9/30/20165,446-801N/A441N/A6/30/20165,593-1,083N/A533N/A3/31/20166,186-1,265N/A389N/A12/31/20156,457-1,418N/A-114N/A9/30/20156,704-509N/A-662N/A6/30/20157,155-312N/A-554N/A더 보기애널리스트 향후 성장 전망수입 대 저축률: 000930 은 향후 3년 동안 수익을 낼 것으로 예상되며, 이는 절약률(2.4%)보다 빠른 성장으로 간주됩니다.수익 vs 시장: 000930 (는) 향후 3년 동안 평균 시장 성장보다 높은 수익을 올릴 것으로 예상됩니다.고성장 수익: 000930 향후 3년 내에 수익을 낼 것으로 예상됩니다.수익 대 시장: 000930 의 수익(연간 3.1%)이 CN 시장(연간 16.3%)보다 느리게 성장할 것으로 예상됩니다.고성장 매출: 000930 의 수익(연간 3.1%)은 연간 20%보다 느리게 증가할 것으로 예상됩니다.주당순이익 성장 예측향후 자기자본이익률미래 ROE: 000930의 자본 수익률은 3년 후 2.1%로 낮을 것으로 예상됩니다.성장 기업 찾아보기7D1Y7D1Y7D1YMaterials 산업의 고성장 기업.View Past Performance기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/06/12 18:13종가2026/06/12 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 소스COFCO Biotechnology Co., Ltd.는 4명의 분석가가 다루고 있습니다. 이 중 1명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Xia ShengCitic Securities Co., Ltd.Wei LiuHaitong International Research LimitedJiao ChenIndustrial Securities Co. Ltd.1명의 분석가 더 보기
Price Target Changed • May 14Price target decreased by 13% to CN¥7.00Down from CN¥8.00, the current price target is provided by 1 analyst. New target price is 27% above last closing price of CN¥5.53. Stock is down 14% over the past year. The company is forecast to post earnings per share of CN¥0.05 for next year compared to CN¥0.013 last year.
Price Target Changed • Nov 16Price target increased to CN¥13.68Up from CN¥7.31, the current price target is provided by 1 analyst. New target price is 63% above last closing price of CN¥8.38. Stock is down 27% over the past year. The company is forecast to post earnings per share of CN¥0.66 for next year compared to CN¥0.61 last year.
Price Target Changed • Apr 27Price target increased to CN¥13.68Up from CN¥7.31, the current price target is an average from 2 analysts. New target price is 70% above last closing price of CN¥8.04. Stock is down 15% over the past year. The company is forecast to post earnings per share of CN¥0.58 for next year compared to CN¥0.32 last year.
공시 • May 30COFCO Biotechnology Co., Ltd. Approves Cash Dividend for the Year 2025COFCO Biotechnology Co., Ltd. held its Annual General Meeting of 2025 on 27 May 2026, during which the following proposal(s) was/were approved: Cash dividend/10 shares (tax included) of CNY 0.30000000 for the year 2025.
New Risk • Apr 26New minor risk - Dividend sustainabilityThe company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 0.5% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. 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 Risk Earnings have declined by 54% per year over the past 5 years. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.
공시 • Apr 24COFCO Biotechnology Co., Ltd., Annual General Meeting, May 27, 2026COFCO Biotechnology Co., Ltd., Annual General Meeting, May 27, 2026, at 14:00 China Standard Time. Location: 22F, Tower A, Zhaotai International Center, Chaoyangmen South Avenue, Chaoyang District, Beijing China
Reported Earnings • Apr 24Full year 2025 earnings released: EPS: CN¥0.021 (vs CN¥0.014 in FY 2024)Full year 2025 results: EPS: CN¥0.021 (up from CN¥0.014 in FY 2024). Revenue: CN¥17.5b (down 13% from FY 2024). Net income: CN¥38.4m (up 53% from FY 2024). Profit margin: 0.2% (up from 0.1% in FY 2024). Over the last 3 years on average, earnings per share has fallen by 45% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings.
공시 • Mar 31COFCO Biotechnology Co., Ltd. to Report Q1, 2026 Results on Apr 24, 2026COFCO Biotechnology Co., Ltd. announced that they will report Q1, 2026 results on Apr 24, 2026
New Risk • Feb 04New major risk - Revenue and earnings growthEarnings have declined by 47% 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 Risk Earnings have declined by 47% per year over the past 5 years. Minor Risk Large one-off items impacting financial results.
공시 • Dec 31COFCO Biotechnology Co., Ltd. to Report Fiscal Year 2025 Results on Apr 24, 2026COFCO Biotechnology Co., Ltd. announced that they will report fiscal year 2025 results on Apr 24, 2026
Reported Earnings • Oct 24Third quarter 2025 earnings released: CN¥0.015 loss per share (vs CN¥0.028 loss in 3Q 2024)Third quarter 2025 results: CN¥0.015 loss per share (improved from CN¥0.028 loss in 3Q 2024). Revenue: CN¥4.45b (down 15% from 3Q 2024). Net loss: CN¥28.1m (loss narrowed 46% from 3Q 2024). Revenue is forecast to grow 7.0% 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, 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 • Sep 30COFCO Biotechnology Co., Ltd. to Report Q3, 2025 Results on Oct 24, 2025COFCO Biotechnology Co., Ltd. announced that they will report Q3, 2025 results on Oct 24, 2025
Reported Earnings • Aug 24Second quarter 2025 earnings released: EPS: CN¥0.036 (vs CN¥0.02 in 2Q 2024)Second quarter 2025 results: EPS: CN¥0.036 (up from CN¥0.02 in 2Q 2024). Revenue: CN¥4.43b (down 14% from 2Q 2024). Net income: CN¥66.7m (up 82% from 2Q 2024). Profit margin: 1.5% (up from 0.7% in 2Q 2024). Revenue is forecast to grow 5.4% 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, the company's share price growth rate has exceeded its earnings growth rate by 81 percentage points per year, which is a significant difference in performance.
공시 • Jul 02COFCO Biotechnology Co., Ltd. to Report First Half, 2025 Results on Aug 22, 2025COFCO Biotechnology Co., Ltd. announced that they will report first half, 2025 results on Aug 22, 2025
Price Target Changed • May 14Price target decreased by 13% to CN¥7.00Down from CN¥8.00, the current price target is provided by 1 analyst. New target price is 27% above last closing price of CN¥5.53. Stock is down 14% over the past year. The company is forecast to post earnings per share of CN¥0.05 for next year compared to CN¥0.013 last year.
Reported Earnings • Apr 26First quarter 2025 earnings released: EPS: CN¥0.022 (vs CN¥0.013 in 1Q 2024)First quarter 2025 results: EPS: CN¥0.022 (up from CN¥0.013 in 1Q 2024). Revenue: CN¥4.39b (down 7.3% from 1Q 2024). Net income: CN¥40.5m (up 63% from 1Q 2024). Profit margin: 0.9% (up from 0.5% in 1Q 2024). Revenue is forecast to grow 5.0% 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, the company's share price growth rate has exceeded its earnings growth rate by 86 percentage points per year, which is a significant difference in performance.
공시 • Apr 26COFCO Biotechnology Co., Ltd., Annual General Meeting, May 20, 2025COFCO Biotechnology Co., Ltd., Annual General Meeting, May 20, 2025, at 14:30 China Standard Time. Location: 22F, Tower A, Zhaotai International Center, Chaoyangmen South Avenue, Chaoyang District, Beijing China
공시 • Apr 02COFCO Biotechnology Co., Ltd. to Report Q1, 2025 Results on Apr 26, 2025COFCO Biotechnology Co., Ltd. announced that they will report Q1, 2025 results on Apr 26, 2025
분석 기사 • Feb 24COFCO Biotechnology Co., Ltd.'s (SZSE:000930) Prospects Need A Boost To Lift SharesWith a price-to-sales (or "P/S") ratio of 0.5x COFCO Biotechnology Co., Ltd. ( SZSE:000930 ) may be sending bullish...
분석 기사 • Jan 07COFCO Biotechnology (SZSE:000930) Is Making Moderate Use Of DebtThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
공시 • Dec 31COFCO Biotechnology Co., Ltd. to Report Fiscal Year 2024 Results on Apr 26, 2025COFCO Biotechnology Co., Ltd. announced that they will report fiscal year 2024 results on Apr 26, 2025
Reported Earnings • Oct 26Third quarter 2024 earnings released: CN¥0.028 loss per share (vs CN¥0.001 profit in 3Q 2023)Third quarter 2024 results: CN¥0.028 loss per share (down from CN¥0.001 profit in 3Q 2023). Revenue: CN¥5.21b (down 3.7% from 3Q 2023). Net loss: CN¥51.9m (down CN¥54.3m from profit in 3Q 2023). Revenue is forecast to grow 1.8% 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, the company's share price growth rate has exceeded its earnings growth rate by 75 percentage points per year, which is a significant difference in performance.
분석 기사 • Oct 14COFCO Biotechnology Co., Ltd. (SZSE:000930) Surges 39% Yet Its Low P/S Is No Reason For ExcitementCOFCO Biotechnology Co., Ltd. ( SZSE:000930 ) shareholders would be excited to see that the share price has had a great...
공시 • Sep 30COFCO Biotechnology Co., Ltd. to Report Q3, 2024 Results on Oct 26, 2024COFCO Biotechnology Co., Ltd. announced that they will report Q3, 2024 results on Oct 26, 2024
분석 기사 • Sep 30We Think COFCO Biotechnology (SZSE:000930) Has A Fair Chunk Of DebtHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
공시 • Sep 21COFCO Biotechnology Co., Ltd. Announces Board ChangesCOFCO Biotechnology Co., Ltd. at its EGM held on 19 September 2024 appointed Zhang Deguo, Zheng Heshan as non-independent director; appointed Zhang Nianchun and Wang Ping as independent director.
Reported Earnings • Aug 24Second quarter 2024 earnings released: EPS: CN¥0.02 (vs CN¥0.18 loss in 2Q 2023)Second quarter 2024 results: EPS: CN¥0.02 (up from CN¥0.18 loss in 2Q 2023). Revenue: CN¥5.18b (up 8.2% from 2Q 2023). Net income: CN¥36.6m (up CN¥373.3m from 2Q 2023). Profit margin: 0.7% (up from net loss in 2Q 2023). Revenue is forecast to grow 1.3% 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, the company's share price growth rate has exceeded its earnings growth rate by 63 percentage points per year, which is a significant difference in performance.
분석 기사 • Jul 17COFCO Biotechnology Co., Ltd. (SZSE:000930) Looks Inexpensive But Perhaps Not Attractive EnoughWith a price-to-sales (or "P/S") ratio of 0.5x COFCO Biotechnology Co., Ltd. ( SZSE:000930 ) may be sending bullish...
공시 • Jun 29COFCO Biotechnology Co., Ltd. to Report First Half, 2024 Results on Aug 24, 2024COFCO Biotechnology Co., Ltd. announced that they will report first half, 2024 results on Aug 24, 2024
Board Change • Jun 12High number of new and inexperienced directorsThere are 7 new directors who have joined the board in the last 3 years. The company's board is composed of: 7 new directors. 3 experienced directors. 1 highly experienced director. GM & Non-Independent Director De Guo Zhang is the most experienced director on the board, commencing their role in 2013. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.
분석 기사 • Jun 03COFCO Biotechnology (SZSE:000930) Is Carrying A Fair Bit Of DebtWarren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...
Reported Earnings • Apr 26First quarter 2024 earnings released: EPS: CN¥0.013 (vs CN¥0.001 in 1Q 2023)First quarter 2024 results: EPS: CN¥0.013 (up from CN¥0.001 in 1Q 2023). Revenue: CN¥4.73b (up 4.6% from 1Q 2023). Net income: CN¥24.8m (up CN¥23.4m from 1Q 2023). Profit margin: 0.5% (up from 0% in 1Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 57 percentage points per year, which is a significant difference in performance.
공시 • Apr 26COFCO Biotechnology Co., Ltd., Annual General Meeting, May 16, 2024COFCO Biotechnology Co., Ltd., Annual General Meeting, May 16, 2024, at 14:30 China Standard Time. Location: 22F, Tower A, Zhaitai Int'l Center, Chaoyangmen South Avenue, Chaoyang District, Beijing China
분석 기사 • Apr 17Returns On Capital Signal Tricky Times Ahead For COFCO Biotechnology (SZSE:000930)What trends should we look for it we want to identify stocks that can multiply in value over the long term? In a...
공시 • Mar 30COFCO Biotechnology Co., Ltd. to Report Q1, 2024 Results on Apr 25, 2024COFCO Biotechnology Co., Ltd. announced that they will report Q1, 2024 results on Apr 25, 2024
분석 기사 • Mar 07COFCO Biotechnology Co., Ltd.'s (SZSE:000930) Price Is Right But Growth Is LackingCOFCO Biotechnology Co., Ltd.'s ( SZSE:000930 ) price-to-sales (or "P/S") ratio of 0.6x might make it look like a buy...
공시 • Dec 29COFCO Biotechnology Co., Ltd. to Report Fiscal Year 2023 Results on Apr 25, 2024COFCO Biotechnology Co., Ltd. announced that they will report fiscal year 2023 results on Apr 25, 2024
New Risk • Nov 23New major risk - Revenue and earnings growthEarnings have declined by 0.2% 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 Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Earnings have declined by 0.2% per year over the past 5 years.
Reported Earnings • Oct 27Third quarter 2023 earnings released: EPS: CN¥0.001 (vs CN¥0.097 in 3Q 2022)Third quarter 2023 results: EPS: CN¥0.001 (down from CN¥0.097 in 3Q 2022). Revenue: CN¥5.41b (up 26% from 3Q 2022). Net income: CN¥2.38m (down 99% from 3Q 2022). Profit margin: 0% (down from 4.2% in 3Q 2022). Revenue is forecast to grow 10.0% 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 24% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings.
공시 • Sep 30COFCO Biotechnology Co., Ltd. to Report Q3, 2023 Results on Oct 27, 2023COFCO Biotechnology Co., Ltd. announced that they will report Q3, 2023 results on Oct 27, 2023
Buying Opportunity • Sep 26Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 12%. The fair value is estimated to be CN¥8.71, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company became loss making.
Buying Opportunity • Aug 31Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 13%. The fair value is estimated to be CN¥8.71, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company became loss making.
Reported Earnings • Aug 26Second quarter 2023 earnings released: CN¥0.18 loss per share (vs CN¥0.23 profit in 2Q 2022)Second quarter 2023 results: CN¥0.18 loss per share (down from CN¥0.23 profit in 2Q 2022). Revenue: CN¥4.79b (down 8.4% from 2Q 2022). Net loss: CN¥336.7m (down 177% from profit in 2Q 2022). Revenue is forecast to grow 11% 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 4% per year but the company’s share price has fallen by 10% per year, which means it is performing significantly worse than earnings.
공시 • Jun 28COFCO Biotechnology Co., Ltd. Implements Cash Dividend (A shares) for 2022, Payable on July 03, 2023COFCO Biotechnology Co., Ltd. announced implementation of cash dividend (tax included) (A shares) of CNY 5.70000000 per 10 shares. Record date: 30 June 2023. Ex-date: 03 July 2023. Payment date: 03 July 2023.
공시 • May 20+ 1 more updateCOFCO Biotechnology Co., Ltd. Approves the Election of Wang Laichun as a Non-Employee SupervisorCOFCO Biotechnology Co., Ltd. at its Annual General Meeting of 2022 held on 18 May 2023, approved the election of Wang Laichun as a Non-Employee Supervisor.
Reported Earnings • Apr 16Full year 2022 earnings released: EPS: CN¥0.57 (vs CN¥0.61 in FY 2021)Full year 2022 results: EPS: CN¥0.57 (down from CN¥0.61 in FY 2021). Revenue: CN¥19.9b (down 15% from FY 2021). Net income: CN¥1.06b (down 6.6% from FY 2021). Profit margin: 5.3% (up from 4.8% in FY 2021). The increase in margin was driven by lower expenses. Revenue is forecast to grow 12% p.a. on average during the next 2 years, compared to a 18% growth forecast for the Chemicals industry in China. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.
Price Target Changed • Nov 16Price target increased to CN¥13.68Up from CN¥7.31, the current price target is provided by 1 analyst. New target price is 63% above last closing price of CN¥8.38. Stock is down 27% over the past year. The company is forecast to post earnings per share of CN¥0.66 for next year compared to CN¥0.61 last year.
Board Change • Nov 16High 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. Independent Director Shihui Li is the most experienced director on the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.
Reported Earnings • Oct 28Third quarter 2022 earnings released: EPS: CN¥0.097 (vs CN¥0.13 in 3Q 2021)Third quarter 2022 results: EPS: CN¥0.097 (down from CN¥0.13 in 3Q 2021). Revenue: CN¥4.29b (down 29% from 3Q 2021). Net income: CN¥179.7m (down 24% from 3Q 2021). Profit margin: 4.2% (up from 3.9% in 3Q 2021). Revenue is forecast to grow 4.6% 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 increased by 31% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.
공시 • Sep 15Shaanxi Guohua Fusion Industry Development Fund Partnership Enterprise (Limited Partnership) managed by Shaanxi Aerospace Guohua Private Equity Fund Management Co., Ltd. and China Aerospace Investment Holdings Ltd. agreed to acquire additional 5% minority stake in COFCO Biomaterials (Elm Tree) Co., Ltd. from SIN YANG INDUSTRIES & TRADING PTE LTD for CNY 1.Shaanxi Guohua Fusion Industry Development Fund Partnership Enterprise (Limited Partnership) managed by Shaanxi Aerospace Guohua Private Equity Fund Management Co., Ltd. and China Aerospace Investment Holdings Ltd. agreed to acquire additional 5% minority stake in COFCO Biomaterials (Elm Tree) Co., Ltd. from SIN YANG INDUSTRIES & TRADING PTE LTD for CNY 1 on June 22, 2022. Under the terms, China Aerospace Investment will pay CNY 0.54 and Shaanxi Guohua Fusion Industry Development Fund Partnership Enterprise (Limited Partnership) managed by Shaanxi Aerospace Guohua Private Equity Fund Management Co., Ltd will pay CNY 0.46.
Reported Earnings • Aug 24Second quarter 2022 earnings released: EPS: CN¥0.23 (vs CN¥0.19 in 2Q 2021)Second quarter 2022 results: EPS: CN¥0.23 (up from CN¥0.19 in 2Q 2021). Revenue: CN¥5.23b (down 18% from 2Q 2021). Net income: CN¥436.7m (up 25% from 2Q 2021). Profit margin: 8.4% (up from 5.5% in 2Q 2021). The increase in margin was driven by lower expenses. Over the next year, revenue is forecast to grow 8.2%, compared to a 42% growth forecast for the Chemicals industry in China. 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 8% per year, which means it is significantly lagging earnings growth.
공시 • Jun 03COFCO Biotechnology Co., Ltd. Announces 2021 Final Profit Distribution Plan to Be Implemented (A Shares), Payment Date: 10 June 2022COFCO Biotechnology Co., Ltd. announced 2021 final profit distribution plan to be implemented (A shares): Cash dividend/10 shares (tax included): CNY 2.45000000. Record date: 09 June 2022, Ex-date: 10 June 2022 and Payment date: 10 June 2022. 10% withholding tax on cash dividend will be deducted in CNY within the cash dividend receivable. Please refer to below details: Tax on cash dividend/10 shares: CNY0.24500000(10% x CNY2.45000000) Net cash dividend/10 shares after tax: CNY2.20500000(CNY2.45000000- CNY0.24500000).
공시 • May 28COFCO Biotechnology Co., Ltd. Approves Cash Dividend for the Year 2021COFCO Biotechnology Co., Ltd. announced that at the AGM was held on 25 May 2022, the company approved the cash dividend of CNY 2.45 per 10 shares (tax included) for the year 2021.
공시 • May 02COFCO Biotechnology Co., Ltd. Proposes Final Cash Dividend for the Year 2021COFCO Biotechnology Co., Ltd. proposed final cash dividend of CNY 2.45 per 10 shares (tax included) for the year 2021.
Reported Earnings • Apr 30First quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behindFirst quarter 2022 results: EPS: CN¥0.19 (down from CN¥0.19 in 1Q 2021). Revenue: CN¥5.38b (down 4.3% from 1Q 2021). Net income: CN¥349.0m (down 1.9% from 1Q 2021). Profit margin: 6.5% (up from 6.3% in 1Q 2021). Revenue missed analyst estimates by 7.3%. Earnings per share (EPS) exceeded analyst estimates by 5.3%. Over the next year, revenue is forecast to grow 19%, compared to a 43% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.
Price Target Changed • Apr 27Price target increased to CN¥13.68Up from CN¥7.31, the current price target is an average from 2 analysts. New target price is 70% above last closing price of CN¥8.04. Stock is down 15% over the past year. The company is forecast to post earnings per share of CN¥0.58 for next year compared to CN¥0.32 last year.
Board Change • Apr 27High number of new and inexperienced directorsThere are 9 new directors who have joined the board in the last 3 years. The company's board is composed of: 9 new directors. 3 experienced directors. No highly experienced directors. Independent Director Shihui Li is the most experienced director on the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.
Reported Earnings • Nov 01Third quarter 2021 earnings released: EPS CN¥0.13 (vs CN¥0.091 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: CN¥6.06b (up 30% from 3Q 2020). Net income: CN¥234.9m (up 40% from 3Q 2020). Profit margin: 3.9% (up from 3.6% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.
Board Change • Sep 14High number of new and inexperienced directorsThere are 9 new directors who have joined the board in the last 3 years. The company's board is composed of: 9 new directors. 3 experienced directors. No highly experienced directors. Independent Director Shihui Li is the most experienced director on the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.
Board Change • Sep 13High number of new and inexperienced directorsThere are 9 new directors who have joined the board in the last 3 years. The company's board is composed of: 9 new directors. 3 experienced directors. No highly experienced directors. Independent Director Shihui Li is the most experienced director on the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.
Board Change • Sep 10High number of new and inexperienced directorsThere are 9 new directors who have joined the board in the last 3 years. The company's board is composed of: 9 new directors. 3 experienced directors. No highly experienced directors. Independent Director Shihui Li is the most experienced director on the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.
Board Change • Sep 07High number of new and inexperienced directorsThere are 9 new directors who have joined the board in the last 3 years. The company's board is composed of: 9 new directors. 3 experienced directors. No highly experienced directors. Independent Director Shihui Li is the most experienced director on the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.
Reported Earnings • Aug 27Second quarter 2021 earnings released: EPS CN¥0.19 (vs CN¥0.14 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CN¥6.38b (up 22% from 2Q 2020). Net income: CN¥350.2m (up 32% from 2Q 2020). Profit margin: 5.5% (up from 5.1% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.
공시 • May 25Cofco Biotechnology Co., Ltd. Approves Final Cash Dividend for the Year 2020COFCO Biotechnology Co., Ltd. at its annual general meeting held on May 21, 2021 approved final cash dividend of CNY 0.65000000 per 10 shares (tax included) for 2020.
Reported Earnings • Apr 16Full year 2020 earnings released: EPS CN¥0.32 (vs CN¥0.32 in FY 2019)The company reported a solid full year result with improved revenues, although earnings and profit margins were flat. Full year 2020 results: Revenue: CN¥19.9b (up 2.2% from FY 2019). Net income: CN¥593.1m (flat on FY 2019). Profit margin: 3.0% (in line with FY 2019).
Valuation Update With 7 Day Price Move • Feb 05Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to CN¥9.07, the stock is trading at a trailing P/E ratio of 22.7x, down from the previous P/E ratio of 27.3x. This compares to an average P/E of 35x in the Chemicals industry in China. Total returns to shareholders over the past year are 11%.
Is New 90 Day High Low • Jan 25New 90-day high: CN¥10.11The company is up 22% from its price of CN¥8.32 on 27 October 2020. The Chinese market is up 12% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Chemicals industry, which is up 25% over the same period.
Valuation Update With 7 Day Price Move • Jan 05Investor sentiment improved over the past weekAfter last week's 17% share price gain to CN¥9.64, the stock is trading at a trailing P/E ratio of 24.2x, up from the previous P/E ratio of 20.6x. This compares to an average P/E of 36x in the Chemicals industry in China. Total returns to shareholders over the past year are 41%.
Is New 90 Day High Low • Jan 05New 90-day high: CN¥9.64The company is up 15% from its price of CN¥8.39 on 30 September 2020. The Chinese market is up 10.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Chemicals industry, which is up 16% over the same period.
Reported Earnings • Oct 26Third quarter earnings releasedOver the last 12 months the company has reported total profits of CN¥737.4m, up 120% from the prior year. Total revenue was CN¥19.6b over the last 12 months, up 6.2% from the prior year.
공시 • Oct 19COFCO Biotechnology Co., Ltd. to Report Q3, 2020 Results on Oct 26, 2020COFCO Biotechnology Co., Ltd. announced that they will report Q3, 2020 results on Oct 26, 2020
공시 • Aug 12COFCO Biotechnology Co., Ltd. to Report First Half, 2020 Results on Aug 28, 2020COFCO Biotechnology Co., Ltd. announced that they will report first half, 2020 results on Aug 28, 2020