View ValuationEra 향후 성장Future 기준 점검 3/6Era (는) 각각 연간 53.8% 및 4.7% 수익과 수익이 증가할 것으로 예상됩니다. EPS는 연간 52.5% 만큼 성장할 것으로 예상됩니다. 자기자본이익률은 3년 후 4.2% 로 예상됩니다.핵심 정보53.8%이익 성장률52.52%EPS 성장률Chemicals 이익 성장30.3%매출 성장률4.7%향후 자기자본이익률4.25%애널리스트 커버리지Low마지막 업데이트06 May 2026최근 향후 성장 업데이트Major Estimate Revision • Aug 29Consensus EPS estimates fall by 11%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from CN¥8.06b to CN¥7.28b. EPS estimate also fell from CN¥0.337 per share to CN¥0.30 per share. Net income forecast to grow 44% next year vs 45% growth forecast for Chemicals industry in China. Consensus price target down from CN¥6.03 to CN¥4.28. Share price rose 5.2% to CN¥3.83 over the past week.Price Target Changed • Aug 29Price target decreased by 14% to CN¥5.16Down from CN¥6.03, the current price target is an average from 2 analysts. New target price is 35% above last closing price of CN¥3.83. Stock is down 34% over the past year. The company is forecast to post earnings per share of CN¥0.32 for next year compared to CN¥0.30 last year.Price Target Changed • Apr 28Price target decreased by 8.1% to CN¥6.03Down from CN¥6.55, the current price target is an average from 2 analysts. New target price is 25% above last closing price of CN¥4.82. Stock is down 7.1% over the past year. The company is forecast to post earnings per share of CN¥0.33 for next year compared to CN¥0.30 last year.Price Target Changed • Aug 25Price target increased by 15% to CN¥6.55Up from CN¥5.72, the current price target is an average from 3 analysts. New target price is 19% above last closing price of CN¥5.50. Stock is up 13% over the past year. The company is forecast to post earnings per share of CN¥0.42 for next year compared to CN¥0.066 last year.Major Estimate Revision • Sep 05Consensus EPS estimates fall by 11%The consensus outlook for earnings per share (EPS) in 2022 has deteriorated. 2022 revenue forecast decreased from CN¥10.2b to CN¥9.92b. EPS estimate also fell from CN¥0.54 per share to CN¥0.48 per share. Net income forecast to grow 18% next year vs 39% growth forecast for Chemicals industry in China. Consensus price target of CN¥5.96 unchanged from last update. Share price fell 3.5% to CN¥4.73 over the past week.Price Target Changed • Apr 27Price target increased to CN¥6.17Up from CN¥5.50, the current price target is an average from 4 analysts. New target price is 47% above last closing price of CN¥4.20. Stock is down 40% over the past year. The company is forecast to post earnings per share of CN¥0.57 for next year compared to CN¥0.47 last year.모든 업데이트 보기Recent updatesNew Risk • May 01New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 33% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 39% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.1% net profit margin).공시 • Apr 24Era Co., Ltd., Annual General Meeting, May 14, 2026Era Co., Ltd., Annual General Meeting, May 14, 2026, at 14:30 China Standard Time. Location: 4F, No. 555, Huangjiao Road, Huangyan District, Taizhou, Zhejiang ChinaReported Earnings • Apr 24Full year 2025 earnings released: EPS: CN¥0.05 (vs CN¥0.16 in FY 2024)Full year 2025 results: EPS: CN¥0.05 (down from CN¥0.16 in FY 2024). Revenue: CN¥6.18b (down 6.5% from FY 2024). Net income: CN¥62.5m (down 67% from FY 2024). Profit margin: 1.0% (down from 2.9% in FY 2024). The decrease in margin was driven by lower revenue. 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 7% per year, which means it has not declined as severely as earnings.공시 • Mar 31Era Co., Ltd. to Report Q1, 2026 Results on Apr 29, 2026Era Co., Ltd. announced that they will report Q1, 2026 results on Apr 29, 2026New Risk • Jan 06New major risk - Revenue and earnings growthEarnings have declined by 36% 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 36% per year over the past 5 years. Minor Risks Paying a dividend despite having no free cash flows. Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.4% net profit margin).공시 • Dec 31Era Co., Ltd. to Report Fiscal Year 2025 Results on Apr 24, 2026Era Co., Ltd. announced that they will report fiscal year 2025 results on Apr 24, 2026Reported Earnings • Oct 28Third quarter 2025 earnings released: EPS: CN¥0 (vs CN¥0.019 in 3Q 2024)Third quarter 2025 results: EPS: CN¥0 (down from CN¥0.019 in 3Q 2024). Revenue: CN¥1.50b (down 7.1% from 3Q 2024). Net income: CN¥156.6k (down 99% from 3Q 2024). Profit margin: 0% (down from 1.4% in 3Q 2024). Revenue is forecast to grow 3.5% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Chemicals industry in China. Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.공시 • Sep 30Era Co., Ltd. to Report Q3, 2025 Results on Oct 28, 2025Era Co., Ltd. announced that they will report Q3, 2025 results on Oct 28, 2025Valuation Update With 7 Day Price Move • Sep 19Investor sentiment improves as stock rises 23%After last week's 23% share price gain to CN¥5.10, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 23x in the Chemicals industry in China. Total returns to shareholders of 8.3% over the past three years.New Risk • Sep 03New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 36% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Paying a dividend despite having no free cash flows. Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.7% net profit margin).공시 • Jul 02Era Co., Ltd. to Report First Half, 2025 Results on Aug 28, 2025Era Co., Ltd. announced that they will report first half, 2025 results on Aug 28, 2025Declared Dividend • Jun 30Dividend reduced to CN¥0.05Dividend of CN¥0.05 is 50% lower than last year. Ex-date: 4th July 2025 Payment date: 4th July 2025 Dividend yield will be 1.2%, which is lower than the industry average of 2.6%. Sustainability & Growth Dividend is covered by earnings (43% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 2.6% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 82% over the next 3 years, which should provide support to the dividend and adequate earnings cover.공시 • May 22Era Co., Ltd. Approves Cash Dividend for the Year 2024Era Co., Ltd. at the Annual General Meeting of 2024 held on 16 May 2025, approved cash dividend/10 shares (tax included) of CNY 0.50000000 for the year 2024.공시 • Apr 25Era Co., Ltd. Proposes Final Cash Dividend for 2024Era Co., Ltd. proposed final cash dividend of CNY 0.50000000 per 10 shares (tax included) for 2024.Reported Earnings • Apr 24Full year 2024 earnings: EPS and revenues miss analyst expectationsFull year 2024 results: EPS: CN¥0.16 (down from CN¥0.29 in FY 2023). Revenue: CN¥6.60b (down 12% from FY 2023). Net income: CN¥190.4m (down 48% from FY 2023). Profit margin: 2.9% (down from 4.9% in FY 2023). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 4.0%. Earnings per share (EPS) also missed analyst estimates by 41%. Revenue is forecast to grow 9.3% p.a. on average during the next 2 years, compared to a 15% growth forecast for the Chemicals industry in China. Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.공시 • Apr 24Era Co., Ltd., Annual General Meeting, May 16, 2025Era Co., Ltd., Annual General Meeting, May 16, 2025, at 14:30 China Standard Time. Location: 4F, No. 555, Huangjiao Road, Huangyan District, Taizhou, Zhejiang China공시 • Mar 31Era Co., Ltd. to Report Q1, 2025 Results on Apr 29, 2025Era Co., Ltd. announced that they will report Q1, 2025 results on Apr 29, 2025분석 기사 • Mar 17Era Co., Ltd. (SZSE:002641) Might Not Be As Mispriced As It LooksWith a price-to-earnings (or "P/E") ratio of 25.1x Era Co., Ltd. ( SZSE:002641 ) may be sending bullish signals at the...공시 • Dec 31Era Co., Ltd. to Report Fiscal Year 2024 Results on Apr 24, 2025Era Co., Ltd. announced that they will report fiscal year 2024 results on Apr 24, 2025분석 기사 • Dec 18Here's Why Era (SZSE:002641) Can Manage Its Debt ResponsiblyDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...Reported Earnings • Oct 29Third quarter 2024 earnings released: EPS: CN¥0.019 (vs CN¥0.092 in 3Q 2023)Third quarter 2024 results: EPS: CN¥0.019 (down from CN¥0.092 in 3Q 2023). Revenue: CN¥1.62b (down 14% from 3Q 2023). Net income: CN¥22.4m (down 79% from 3Q 2023). Profit margin: 1.4% (down from 5.7% in 3Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 9.2% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Chemicals industry in China. Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has remained flat, which means it is well ahead of earnings.공시 • Sep 30Era Co., Ltd. to Report Q3, 2024 Results on Oct 29, 2024Era Co., Ltd. announced that they will report Q3, 2024 results on Oct 29, 2024Valuation Update With 7 Day Price Move • Sep 30Investor sentiment improves as stock rises 19%After last week's 19% share price gain to CN¥4.56, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 16x in the Chemicals industry in China. Total loss to shareholders of 1.9% over the past three years.분석 기사 • Sep 02Era Co., Ltd. (SZSE:002641) Analysts Are More Bearish Than They Used To BeThe latest analyst coverage could presage a bad day for Era Co., Ltd. ( SZSE:002641 ), with the analysts making...Major Estimate Revision • Aug 29Consensus EPS estimates fall by 11%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from CN¥8.06b to CN¥7.28b. EPS estimate also fell from CN¥0.337 per share to CN¥0.30 per share. Net income forecast to grow 44% next year vs 45% growth forecast for Chemicals industry in China. Consensus price target down from CN¥6.03 to CN¥4.28. Share price rose 5.2% to CN¥3.83 over the past week.Price Target Changed • Aug 29Price target decreased by 14% to CN¥5.16Down from CN¥6.03, the current price target is an average from 2 analysts. New target price is 35% above last closing price of CN¥3.83. Stock is down 34% over the past year. The company is forecast to post earnings per share of CN¥0.32 for next year compared to CN¥0.30 last year.공시 • Jun 29Era Co., Ltd. to Report First Half, 2024 Results on Aug 28, 2024Era Co., Ltd. announced that they will report first half, 2024 results on Aug 28, 2024분석 기사 • May 25Returns On Capital At Era (SZSE:002641) Paint A Concerning PictureWhat are the early trends we should look for to identify a stock that could multiply in value over the long term...분석 기사 • May 06We Think Era's (SZSE:002641) Healthy Earnings Might Be ConservativeThe market seemed underwhelmed by the solid earnings posted by Era Co., Ltd. ( SZSE:002641 ) recently. Along with the...Price Target Changed • Apr 28Price target decreased by 8.1% to CN¥6.03Down from CN¥6.55, the current price target is an average from 2 analysts. New target price is 25% above last closing price of CN¥4.82. Stock is down 7.1% over the past year. The company is forecast to post earnings per share of CN¥0.33 for next year compared to CN¥0.30 last year.공시 • Apr 28Era Co., Ltd., Annual General Meeting, May 17, 2024Era Co., Ltd., Annual General Meeting, May 17, 2024, at 14:30 China Standard Time. Location: The Company's Meeting Room, Taizhou, Zhejiang China Agenda: To consider 2023 work report of the board of directors; to consider 2023 work report of the supervisory committee; to consider 2023 annual report and its summary; to consider 2023 annual accounts report; to consider 2024 estimated guarantee for controlled subsidiaries and guarantee among controlled subsidiaries; to consider 2023 profit distribution plan; to consider reappointment of 2024 audit firm; and to consider other matters.공시 • Apr 27Era Co., Ltd. Announces Profit Distribution Proposal of Final Cash Dividend for the Year 2023Era Co., Ltd. announced on 26 April 2024 the profit distribution proposal of final cash dividend per ten shares (tax included) of CNY 1.00000000 for the year 2023.Reported Earnings • Apr 26Full year 2023 earnings: EPS and revenues miss analyst expectationsFull year 2023 results: EPS: CN¥0.30 (up from CN¥0.066 in FY 2022). Revenue: CN¥7.47b (down 6.4% from FY 2022). Net income: CN¥362.9m (up 346% from FY 2022). Profit margin: 4.9% (up from 1.0% in FY 2022). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 13%. Earnings per share (EPS) also missed analyst estimates by 21%. Revenue is forecast to grow 17% p.a. on average during the next 2 years, compared to a 16% growth forecast for the Chemicals industry in China. Over the last 3 years on average, earnings per share has fallen by 51% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings.Valuation Update With 7 Day Price Move • Apr 16Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to CN¥4.37, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 15x in the Chemicals industry in China. Total loss to shareholders of 35% over the past three years.공시 • Mar 30Era Co., Ltd. to Report Q1, 2024 Results on Apr 30, 2024Era Co., Ltd. announced that they will report Q1, 2024 results on Apr 30, 2024Reported Earnings • Feb 29Full year 2023 earnings released: EPS: CN¥0.32 (vs CN¥0.066 in FY 2022)Full year 2023 results: EPS: CN¥0.32 (up from CN¥0.066 in FY 2022). Revenue: CN¥7.48b (down 6.3% from FY 2022). Net income: CN¥394.3m (up 385% from FY 2022). Profit margin: 5.3% (up from 1.0% in FY 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 19% 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 fallen by 50% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings.Valuation Update With 7 Day Price Move • Feb 02Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to CN¥4.39, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 13x in the Chemicals industry in China. Total loss to shareholders of 26% over the past three years.Valuation Update With 7 Day Price Move • Jan 10Investor sentiment improves as stock rises 18%After last week's 18% share price gain to CN¥5.91, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 15x in the Chemicals industry in China. Total loss to shareholders of 4.1% over the past three years.공시 • Dec 29Era Co., Ltd. to Report Fiscal Year 2023 Results on Apr 26, 2024Era Co., Ltd. announced that they will report fiscal year 2023 results on Apr 26, 2024Reported Earnings • Oct 25Third quarter 2023 earnings released: EPS: CN¥0.092 (vs CN¥0.002 in 3Q 2022)Third quarter 2023 results: EPS: CN¥0.092 (up from CN¥0.002 in 3Q 2022). Revenue: CN¥1.88b (down 10% from 3Q 2022). Net income: CN¥107.7m (up CN¥105.6m from 3Q 2022). Profit margin: 5.7% (up from 0.1% in 3Q 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 16% 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 54% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings.New Risk • Aug 29New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 28% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (2.4% net profit margin).Price Target Changed • Aug 25Price target increased by 15% to CN¥6.55Up from CN¥5.72, the current price target is an average from 3 analysts. New target price is 19% above last closing price of CN¥5.50. Stock is up 13% over the past year. The company is forecast to post earnings per share of CN¥0.42 for next year compared to CN¥0.066 last year.Reported Earnings • Aug 24Second quarter 2023 earnings released: EPS: CN¥0.081 (vs CN¥0.022 in 2Q 2022)Second quarter 2023 results: EPS: CN¥0.081 (up from CN¥0.022 in 2Q 2022). Revenue: CN¥2.05b (flat on 2Q 2022). Net income: CN¥93.7m (up 202% from 2Q 2022). Profit margin: 4.6% (up from 1.5% in 2Q 2022). Revenue is forecast to grow 15% 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 50% per year but the company’s share price has only fallen by 16% per year, which means it has not declined as severely as earnings.공시 • Aug 10Era Co., Ltd. Announces Executive AppointmentsEra Co., Ltd. at the Extraordinary General Meeting of 2023 on 08 August 2023, approved Election of non-independent directors, cumulative voting system applicable: Zhang Yichen; Election of independent directors, cumulative voting system applicable: Yi Jianhui; Election of non-employee supervisors, cumulative voting system applicable: Chen Wei.공시 • May 25Era Co., Ltd. Announces Cash Dividend on A Shares for the Year 2022, Payable on 31 May 2023Era Co., Ltd. announced cash dividend of CNY 0.12000000 per 10 shares (tax included) on A shares for the year 2022. Record date is 30 May 2023, Ex-date is 31 May 2023 and Payment date is 31 May 2023.Reported Earnings • Apr 23First quarter 2023 earnings released: EPS: CN¥0.06 (vs CN¥0.03 in 1Q 2022)First quarter 2023 results: EPS: CN¥0.06 (up from CN¥0.03 in 1Q 2022). Revenue: CN¥1.60b (down 6.7% from 1Q 2022). Net income: CN¥76.8m (up 139% from 1Q 2022). Profit margin: 4.8% (up from 1.9% in 1Q 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 17% growth forecast for the Chemicals industry in China. Over the last 3 years on average, earnings per share has fallen by 39% per year but the company’s share price has only fallen by 12% per year, which means it has not declined as severely as earnings.Reported Earnings • Oct 27Third quarter 2022 earnings released: EPS: CN¥0.002 (vs CN¥0.09 in 3Q 2021)Third quarter 2022 results: EPS: CN¥0.002 (down from CN¥0.09 in 3Q 2021). Revenue: CN¥2.10b (down 13% from 3Q 2021). Net income: CN¥2.19m (down 98% from 3Q 2021). Profit margin: 0.1% (down from 4.4% in 3Q 2021). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 15% 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 9% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings.Valuation Update With 7 Day Price Move • Oct 11Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to CN¥5.34, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 14x in the Chemicals industry in China. Total returns to shareholders of 20% over the past three years.Valuation Update With 7 Day Price Move • Sep 26Investor sentiment improved over the past weekAfter last week's 24% share price gain to CN¥5.39, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 15x in the Chemicals industry in China. Total returns to shareholders of 28% over the past three years.Major Estimate Revision • Sep 05Consensus EPS estimates fall by 11%The consensus outlook for earnings per share (EPS) in 2022 has deteriorated. 2022 revenue forecast decreased from CN¥10.2b to CN¥9.92b. EPS estimate also fell from CN¥0.54 per share to CN¥0.48 per share. Net income forecast to grow 18% next year vs 39% growth forecast for Chemicals industry in China. Consensus price target of CN¥5.96 unchanged from last update. Share price fell 3.5% to CN¥4.73 over the past week.Valuation Update With 7 Day Price Move • Jul 22Investor sentiment improved over the past weekAfter last week's 18% share price gain to CN¥5.30, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 17x in the Chemicals industry in China. Total returns to shareholders of 14% over the past three years.공시 • Jun 17Era Co., Ltd. Announces 2021 Final Profit Distribution Plan to Be Implemented (A Shares), Payable on June 24, 2022Era Co., Ltd. announced 2021 final profit distribution plan to be implemented (A shares), Payable on June 24, 2022. The company announced Cash dividend/10 shares (tax included) of CNY 0.72000000. The record date is June 23, 2022 and ex-date is June 24, 2022.공시 • May 12Era Co., Ltd. Approves Cash Dividend for 2021Era Co., Ltd. approved cash dividend of CNY 0.7200000 (tax included) per 10 shares for 2021, at the Annual General Meeting of 2021 held on 06 May 2022.Reported Earnings • Apr 29First quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behindFirst quarter 2022 results: EPS: CN¥0.03 (down from CN¥0.06 in 1Q 2021). Revenue: CN¥1.71b (up 8.1% from 1Q 2021). Net income: CN¥32.2m (down 57% from 1Q 2021). Profit margin: 1.9% (down from 4.7% in 1Q 2021). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 1.9%. Earnings per share (EPS) missed analyst estimates by 6.0%. Over the next year, revenue is forecast to grow 19%, compared to a 42% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.Price Target Changed • Apr 27Price target increased to CN¥6.17Up from CN¥5.50, the current price target is an average from 4 analysts. New target price is 47% above last closing price of CN¥4.20. Stock is down 40% over the past year. The company is forecast to post earnings per share of CN¥0.57 for next year compared to CN¥0.47 last year.공시 • Apr 13+ 1 more updateEra Co., Ltd. Proposes Cash Dividend for 2021Era Co., Ltd. proposed cash dividend of CNY 0.7200000 (tax included) per 10 shares for 2021.Reported Earnings • Apr 12Full year 2021 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2021 results: EPS: CN¥0.47 (down from CN¥0.68 in FY 2020). Revenue: CN¥8.88b (up 26% from FY 2020). Net income: CN¥576.9m (down 25% from FY 2020). Profit margin: 6.5% (down from 11% in FY 2020). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 1.9%. Earnings per share (EPS) missed analyst estimates by 6.0%. Over the next year, revenue is forecast to grow 20%, compared to a 49% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.Reported Earnings • Mar 02Full year 2021 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2021 results: EPS: CN¥0.48 (down from CN¥0.68 in FY 2020). Revenue: CN¥8.88t (up CN¥8.87t from FY 2020). Net income: CN¥593.8b (up CN¥593.0b from FY 2020). Profit margin: 6.7% (down from 11% in FY 2020). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 1.9%. Earnings per share (EPS) missed analyst estimates by 4.0%. Over the next year, revenue is expected to shrink by 100% compared to a 47% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Jan 25Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to CN¥5.30, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 19x in the Chemicals industry in China. Total returns to shareholders of 62% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥2.71 per share.Reported Earnings • Oct 31Third quarter 2021 earnings released: EPS CN¥0.09 (vs CN¥0.23 in 3Q 2020)The company reported a soft third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: CN¥2.42b (up 24% from 3Q 2020). Net income: CN¥107.7m (down 59% from 3Q 2020). Profit margin: 4.4% (down from 13% 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 35% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth.Price Target Changed • Aug 28Price target decreased to CN¥6.24Down from CN¥9.32, the current price target is an average from 3 analysts. New target price is 23% above last closing price of CN¥5.07. Stock is down 45% over the past year.Reported Earnings • Aug 25Second quarter 2021 earnings released: EPS CN¥0.14 (vs CN¥0.24 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¥2.37b (up 21% from 2Q 2020). Net income: CN¥177.3m (down 26% from 2Q 2020). Profit margin: 7.5% (down from 12% 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 45% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth.Reported Earnings • Jul 21Second quarter 2021 earnings released: EPS CN¥0.14 (vs CN¥0.24 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¥2.37b (up 21% from 2Q 2020). Net income: CN¥177.3m (down 26% from 2Q 2020). Profit margin: 7.5% (down from 12% 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 44% per year but the company’s share price has only increased by 21% per year, which means it is significantly lagging earnings growth.공시 • May 21Yonggao Co., Ltd. Approves Cash Dividend for the Year 2020Yonggao Co., Ltd. announced that at its AGM held on May 18, 2021, it approved the cash dividend/10 shares (tax included) of CNY 1.25 for the year 2020.공시 • Apr 29Yonggao Co., Ltd. Announces Final Profit Distribution Proposal for 2020Yonggao Co., Ltd. announced final profit distribution proposal of CNY 1.25000000 per 10 shares (tax included) for 2020.Reported Earnings • Apr 28First quarter 2021 earnings released: EPS CN¥0.06 (vs CN¥0.03 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: CN¥1.58b (up 87% from 1Q 2020). Net income: CN¥75.1m (up 98% from 1Q 2020). Profit margin: 4.7% (up from 4.5% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 46% per year but the company’s share price has only increased by 22% per year, which means it is significantly lagging earnings growth.Analyst Estimate Surprise Post Earnings • Jan 26Revenue and earnings miss expectationsRevenue missed analyst estimates by 0.8%. Earnings per share (EPS) also missed analyst estimates by 1.1%. Over the next year, revenue is forecast to grow 18%, compared to a 50% growth forecast for the Chemicals industry in China.Is New 90 Day High Low • Jan 11New 90-day low: CN¥6.14The company is down 28% from its price of CN¥8.56 on 13 October 2020. The Chinese market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 12% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥20.23 per share.Is New 90 Day High Low • Dec 16New 90-day low: CN¥6.96The company is down 14% from its price of CN¥8.07 on 17 September 2020. The Chinese market is up 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals 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¥20.47 per share.Is New 90 Day High Low • Nov 30New 90-day low: CN¥7.01The company is down 23% from its price of CN¥9.08 on 01 September 2020. The Chinese market is down 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 4.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥17.78 per share.Is New 90 Day High Low • Oct 29New 90-day low: CN¥7.38The company is down 15% from its price of CN¥8.68 on 31 July 2020. The Chinese market is down 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 3.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥19.32 per share.Major Estimate Revision • Oct 26Analysts update estimatesThe 2020 consensus earning per share (EPS) estimate increased from CN¥0.63 to CN¥0.70. Revenue estimate for the same period was approximately flat at CN¥7.10b. Net income is expected to grow by 23% next year compared to 42% growth forecast for the Chemicals industry in China. The consensus price target of CN¥10.80 was unchanged from the last update. Share price is down by 3.3% to CN¥7.99 over the past week.Reported Earnings • Oct 20Third quarter earnings releasedOver the last 12 months the company has reported total profits of CN¥724.2m, up 76% from the prior year. Total revenue was CN¥6.64b over the last 12 months, up 9.8% from the prior year.공시 • Oct 16Yonggao Co., Ltd. to Report Q3, 2020 Results on Oct 20, 2020Yonggao Co., Ltd. announced that they will report Q3, 2020 results on Oct 20, 2020Valuation Update With 7 Day Price Move • Oct 12Market bids up stock over the past weekAfter last week's 16% share price gain to CN¥8.82, the stock is trading at a trailing P/E ratio of 16.9x, up from the previous P/E ratio of 14.6x. This compares to an average P/E of 39x in the Chemicals industry in China. Total returns to shareholders over the past three years are 76%.공시 • Jul 23Yonggao Co., Ltd. to Report First Half, 2020 Results on Aug 18, 2020Yonggao Co., Ltd. announced that they will report first half, 2020 results on Aug 18, 2020이익 및 매출 성장 예측SZSE:002641 - 애널리스트 향후 추정치 및 과거 재무 데이터 (CNY Millions)날짜매출이익자유현금흐름영업현금흐름평균 애널리스트 수12/31/20287,217334N/A698112/31/20276,808219N/A442112/31/20266,423110N/A27413/31/20266,39069326497N/A12/31/20256,1766288292N/A9/30/20256,24288-64230N/A6/30/20256,358110-363-21N/A3/31/20256,532137-418-91N/A12/31/20246,602190-70256N/A9/30/20246,719232219530N/A6/30/20246,9803187431,038N/A3/31/20247,1193017331,065N/A12/31/20237,4713637131,069N/A9/30/20237,6362915961,031N/A6/30/20237,852186464936N/A3/31/20237,865123453991N/A1/1/20237,97878-198430N/A9/30/20228,375282-124410N/A6/30/20228,700388-227506N/A3/31/20229,009534-441319N/A12/31/20218,881577-362338N/A9/30/20218,653592-239594N/A6/30/20218,184746-276377N/A3/31/20217,7708077491,327N/A12/31/20207,0367705571,066N/A9/30/20206,6387246181,032N/A6/30/20206,2895927691,144N/A3/31/20205,949493433798N/A12/31/20196,291514N/A859N/A9/30/20196,041410N/A733N/A6/30/20195,836360N/A498N/A3/31/20195,616295N/A505N/A12/31/20185,354245N/A417N/A9/30/20185,070225N/A144N/A6/30/20184,927213N/A172N/A3/31/20184,668194N/A294N/A12/31/20174,570193N/A208N/A9/30/20174,413129N/A342N/A6/30/20174,154156N/A538N/A3/31/20173,917195N/A427N/A12/31/20163,767215N/A549N/A9/30/20163,621284N/A475N/A6/30/20163,556269N/A451N/A3/31/20163,564266N/A505N/A12/31/20153,533259N/A504N/A9/30/20153,530248N/A493N/A6/30/20153,480219N/A394N/A더 보기애널리스트 향후 성장 전망수입 대 저축률: 002641 의 연간 예상 수익 증가율(53.8%)이 saving rate(2.4%)보다 높습니다.수익 vs 시장: 002641 의 연간 수익(53.8%)이 CN 시장(27.2%)보다 빠르게 성장할 것으로 예상됩니다.고성장 수익: 002641 의 수입은 향후 3년 동안 상당히 증가할 것으로 예상됩니다.수익 대 시장: 002641 의 수익(연간 4.7%)이 CN 시장(연간 16.2%)보다 느리게 성장할 것으로 예상됩니다.고성장 매출: 002641 의 수익(연간 4.7%)은 연간 20%보다 느리게 증가할 것으로 예상됩니다.주당순이익 성장 예측향후 자기자본이익률미래 ROE: 002641의 자본 수익률은 3년 후 4.2%로 낮을 것으로 예상됩니다.성장 기업 찾아보기7D1Y7D1Y7D1YMaterials 산업의 고성장 기업.View Past Performance기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/21 09:50종가2026/05/21 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 소스Era Co., Ltd.는 5명의 분석가가 다루고 있습니다. 이 중 1명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Jin Ming LiuBohai Securities Co., Ltd.Wei LengCitic Securities Co., Ltd.Shiwei DuHaitong International Research Limited2명의 분석가 더 보기
Major Estimate Revision • Aug 29Consensus EPS estimates fall by 11%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from CN¥8.06b to CN¥7.28b. EPS estimate also fell from CN¥0.337 per share to CN¥0.30 per share. Net income forecast to grow 44% next year vs 45% growth forecast for Chemicals industry in China. Consensus price target down from CN¥6.03 to CN¥4.28. Share price rose 5.2% to CN¥3.83 over the past week.
Price Target Changed • Aug 29Price target decreased by 14% to CN¥5.16Down from CN¥6.03, the current price target is an average from 2 analysts. New target price is 35% above last closing price of CN¥3.83. Stock is down 34% over the past year. The company is forecast to post earnings per share of CN¥0.32 for next year compared to CN¥0.30 last year.
Price Target Changed • Apr 28Price target decreased by 8.1% to CN¥6.03Down from CN¥6.55, the current price target is an average from 2 analysts. New target price is 25% above last closing price of CN¥4.82. Stock is down 7.1% over the past year. The company is forecast to post earnings per share of CN¥0.33 for next year compared to CN¥0.30 last year.
Price Target Changed • Aug 25Price target increased by 15% to CN¥6.55Up from CN¥5.72, the current price target is an average from 3 analysts. New target price is 19% above last closing price of CN¥5.50. Stock is up 13% over the past year. The company is forecast to post earnings per share of CN¥0.42 for next year compared to CN¥0.066 last year.
Major Estimate Revision • Sep 05Consensus EPS estimates fall by 11%The consensus outlook for earnings per share (EPS) in 2022 has deteriorated. 2022 revenue forecast decreased from CN¥10.2b to CN¥9.92b. EPS estimate also fell from CN¥0.54 per share to CN¥0.48 per share. Net income forecast to grow 18% next year vs 39% growth forecast for Chemicals industry in China. Consensus price target of CN¥5.96 unchanged from last update. Share price fell 3.5% to CN¥4.73 over the past week.
Price Target Changed • Apr 27Price target increased to CN¥6.17Up from CN¥5.50, the current price target is an average from 4 analysts. New target price is 47% above last closing price of CN¥4.20. Stock is down 40% over the past year. The company is forecast to post earnings per share of CN¥0.57 for next year compared to CN¥0.47 last year.
New Risk • May 01New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 33% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 39% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.1% net profit margin).
공시 • Apr 24Era Co., Ltd., Annual General Meeting, May 14, 2026Era Co., Ltd., Annual General Meeting, May 14, 2026, at 14:30 China Standard Time. Location: 4F, No. 555, Huangjiao Road, Huangyan District, Taizhou, Zhejiang China
Reported Earnings • Apr 24Full year 2025 earnings released: EPS: CN¥0.05 (vs CN¥0.16 in FY 2024)Full year 2025 results: EPS: CN¥0.05 (down from CN¥0.16 in FY 2024). Revenue: CN¥6.18b (down 6.5% from FY 2024). Net income: CN¥62.5m (down 67% from FY 2024). Profit margin: 1.0% (down from 2.9% in FY 2024). The decrease in margin was driven by lower revenue. 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 7% per year, which means it has not declined as severely as earnings.
공시 • Mar 31Era Co., Ltd. to Report Q1, 2026 Results on Apr 29, 2026Era Co., Ltd. announced that they will report Q1, 2026 results on Apr 29, 2026
New Risk • Jan 06New major risk - Revenue and earnings growthEarnings have declined by 36% 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 36% per year over the past 5 years. Minor Risks Paying a dividend despite having no free cash flows. Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.4% net profit margin).
공시 • Dec 31Era Co., Ltd. to Report Fiscal Year 2025 Results on Apr 24, 2026Era Co., Ltd. announced that they will report fiscal year 2025 results on Apr 24, 2026
Reported Earnings • Oct 28Third quarter 2025 earnings released: EPS: CN¥0 (vs CN¥0.019 in 3Q 2024)Third quarter 2025 results: EPS: CN¥0 (down from CN¥0.019 in 3Q 2024). Revenue: CN¥1.50b (down 7.1% from 3Q 2024). Net income: CN¥156.6k (down 99% from 3Q 2024). Profit margin: 0% (down from 1.4% in 3Q 2024). Revenue is forecast to grow 3.5% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Chemicals industry in China. Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.
공시 • Sep 30Era Co., Ltd. to Report Q3, 2025 Results on Oct 28, 2025Era Co., Ltd. announced that they will report Q3, 2025 results on Oct 28, 2025
Valuation Update With 7 Day Price Move • Sep 19Investor sentiment improves as stock rises 23%After last week's 23% share price gain to CN¥5.10, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 23x in the Chemicals industry in China. Total returns to shareholders of 8.3% over the past three years.
New Risk • Sep 03New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 36% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Paying a dividend despite having no free cash flows. Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.7% net profit margin).
공시 • Jul 02Era Co., Ltd. to Report First Half, 2025 Results on Aug 28, 2025Era Co., Ltd. announced that they will report first half, 2025 results on Aug 28, 2025
Declared Dividend • Jun 30Dividend reduced to CN¥0.05Dividend of CN¥0.05 is 50% lower than last year. Ex-date: 4th July 2025 Payment date: 4th July 2025 Dividend yield will be 1.2%, which is lower than the industry average of 2.6%. Sustainability & Growth Dividend is covered by earnings (43% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 2.6% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 82% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
공시 • May 22Era Co., Ltd. Approves Cash Dividend for the Year 2024Era Co., Ltd. at the Annual General Meeting of 2024 held on 16 May 2025, approved cash dividend/10 shares (tax included) of CNY 0.50000000 for the year 2024.
공시 • Apr 25Era Co., Ltd. Proposes Final Cash Dividend for 2024Era Co., Ltd. proposed final cash dividend of CNY 0.50000000 per 10 shares (tax included) for 2024.
Reported Earnings • Apr 24Full year 2024 earnings: EPS and revenues miss analyst expectationsFull year 2024 results: EPS: CN¥0.16 (down from CN¥0.29 in FY 2023). Revenue: CN¥6.60b (down 12% from FY 2023). Net income: CN¥190.4m (down 48% from FY 2023). Profit margin: 2.9% (down from 4.9% in FY 2023). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 4.0%. Earnings per share (EPS) also missed analyst estimates by 41%. Revenue is forecast to grow 9.3% p.a. on average during the next 2 years, compared to a 15% growth forecast for the Chemicals industry in China. Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.
공시 • Apr 24Era Co., Ltd., Annual General Meeting, May 16, 2025Era Co., Ltd., Annual General Meeting, May 16, 2025, at 14:30 China Standard Time. Location: 4F, No. 555, Huangjiao Road, Huangyan District, Taizhou, Zhejiang China
공시 • Mar 31Era Co., Ltd. to Report Q1, 2025 Results on Apr 29, 2025Era Co., Ltd. announced that they will report Q1, 2025 results on Apr 29, 2025
분석 기사 • Mar 17Era Co., Ltd. (SZSE:002641) Might Not Be As Mispriced As It LooksWith a price-to-earnings (or "P/E") ratio of 25.1x Era Co., Ltd. ( SZSE:002641 ) may be sending bullish signals at the...
공시 • Dec 31Era Co., Ltd. to Report Fiscal Year 2024 Results on Apr 24, 2025Era Co., Ltd. announced that they will report fiscal year 2024 results on Apr 24, 2025
분석 기사 • Dec 18Here's Why Era (SZSE:002641) Can Manage Its Debt ResponsiblyDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Reported Earnings • Oct 29Third quarter 2024 earnings released: EPS: CN¥0.019 (vs CN¥0.092 in 3Q 2023)Third quarter 2024 results: EPS: CN¥0.019 (down from CN¥0.092 in 3Q 2023). Revenue: CN¥1.62b (down 14% from 3Q 2023). Net income: CN¥22.4m (down 79% from 3Q 2023). Profit margin: 1.4% (down from 5.7% in 3Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 9.2% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Chemicals industry in China. Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has remained flat, which means it is well ahead of earnings.
공시 • Sep 30Era Co., Ltd. to Report Q3, 2024 Results on Oct 29, 2024Era Co., Ltd. announced that they will report Q3, 2024 results on Oct 29, 2024
Valuation Update With 7 Day Price Move • Sep 30Investor sentiment improves as stock rises 19%After last week's 19% share price gain to CN¥4.56, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 16x in the Chemicals industry in China. Total loss to shareholders of 1.9% over the past three years.
분석 기사 • Sep 02Era Co., Ltd. (SZSE:002641) Analysts Are More Bearish Than They Used To BeThe latest analyst coverage could presage a bad day for Era Co., Ltd. ( SZSE:002641 ), with the analysts making...
Major Estimate Revision • Aug 29Consensus EPS estimates fall by 11%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from CN¥8.06b to CN¥7.28b. EPS estimate also fell from CN¥0.337 per share to CN¥0.30 per share. Net income forecast to grow 44% next year vs 45% growth forecast for Chemicals industry in China. Consensus price target down from CN¥6.03 to CN¥4.28. Share price rose 5.2% to CN¥3.83 over the past week.
Price Target Changed • Aug 29Price target decreased by 14% to CN¥5.16Down from CN¥6.03, the current price target is an average from 2 analysts. New target price is 35% above last closing price of CN¥3.83. Stock is down 34% over the past year. The company is forecast to post earnings per share of CN¥0.32 for next year compared to CN¥0.30 last year.
공시 • Jun 29Era Co., Ltd. to Report First Half, 2024 Results on Aug 28, 2024Era Co., Ltd. announced that they will report first half, 2024 results on Aug 28, 2024
분석 기사 • May 25Returns On Capital At Era (SZSE:002641) Paint A Concerning PictureWhat are the early trends we should look for to identify a stock that could multiply in value over the long term...
분석 기사 • May 06We Think Era's (SZSE:002641) Healthy Earnings Might Be ConservativeThe market seemed underwhelmed by the solid earnings posted by Era Co., Ltd. ( SZSE:002641 ) recently. Along with the...
Price Target Changed • Apr 28Price target decreased by 8.1% to CN¥6.03Down from CN¥6.55, the current price target is an average from 2 analysts. New target price is 25% above last closing price of CN¥4.82. Stock is down 7.1% over the past year. The company is forecast to post earnings per share of CN¥0.33 for next year compared to CN¥0.30 last year.
공시 • Apr 28Era Co., Ltd., Annual General Meeting, May 17, 2024Era Co., Ltd., Annual General Meeting, May 17, 2024, at 14:30 China Standard Time. Location: The Company's Meeting Room, Taizhou, Zhejiang China Agenda: To consider 2023 work report of the board of directors; to consider 2023 work report of the supervisory committee; to consider 2023 annual report and its summary; to consider 2023 annual accounts report; to consider 2024 estimated guarantee for controlled subsidiaries and guarantee among controlled subsidiaries; to consider 2023 profit distribution plan; to consider reappointment of 2024 audit firm; and to consider other matters.
공시 • Apr 27Era Co., Ltd. Announces Profit Distribution Proposal of Final Cash Dividend for the Year 2023Era Co., Ltd. announced on 26 April 2024 the profit distribution proposal of final cash dividend per ten shares (tax included) of CNY 1.00000000 for the year 2023.
Reported Earnings • Apr 26Full year 2023 earnings: EPS and revenues miss analyst expectationsFull year 2023 results: EPS: CN¥0.30 (up from CN¥0.066 in FY 2022). Revenue: CN¥7.47b (down 6.4% from FY 2022). Net income: CN¥362.9m (up 346% from FY 2022). Profit margin: 4.9% (up from 1.0% in FY 2022). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 13%. Earnings per share (EPS) also missed analyst estimates by 21%. Revenue is forecast to grow 17% p.a. on average during the next 2 years, compared to a 16% growth forecast for the Chemicals industry in China. Over the last 3 years on average, earnings per share has fallen by 51% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings.
Valuation Update With 7 Day Price Move • Apr 16Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to CN¥4.37, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 15x in the Chemicals industry in China. Total loss to shareholders of 35% over the past three years.
공시 • Mar 30Era Co., Ltd. to Report Q1, 2024 Results on Apr 30, 2024Era Co., Ltd. announced that they will report Q1, 2024 results on Apr 30, 2024
Reported Earnings • Feb 29Full year 2023 earnings released: EPS: CN¥0.32 (vs CN¥0.066 in FY 2022)Full year 2023 results: EPS: CN¥0.32 (up from CN¥0.066 in FY 2022). Revenue: CN¥7.48b (down 6.3% from FY 2022). Net income: CN¥394.3m (up 385% from FY 2022). Profit margin: 5.3% (up from 1.0% in FY 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 19% 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 fallen by 50% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings.
Valuation Update With 7 Day Price Move • Feb 02Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to CN¥4.39, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 13x in the Chemicals industry in China. Total loss to shareholders of 26% over the past three years.
Valuation Update With 7 Day Price Move • Jan 10Investor sentiment improves as stock rises 18%After last week's 18% share price gain to CN¥5.91, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 15x in the Chemicals industry in China. Total loss to shareholders of 4.1% over the past three years.
공시 • Dec 29Era Co., Ltd. to Report Fiscal Year 2023 Results on Apr 26, 2024Era Co., Ltd. announced that they will report fiscal year 2023 results on Apr 26, 2024
Reported Earnings • Oct 25Third quarter 2023 earnings released: EPS: CN¥0.092 (vs CN¥0.002 in 3Q 2022)Third quarter 2023 results: EPS: CN¥0.092 (up from CN¥0.002 in 3Q 2022). Revenue: CN¥1.88b (down 10% from 3Q 2022). Net income: CN¥107.7m (up CN¥105.6m from 3Q 2022). Profit margin: 5.7% (up from 0.1% in 3Q 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 16% 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 54% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings.
New Risk • Aug 29New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 28% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (2.4% net profit margin).
Price Target Changed • Aug 25Price target increased by 15% to CN¥6.55Up from CN¥5.72, the current price target is an average from 3 analysts. New target price is 19% above last closing price of CN¥5.50. Stock is up 13% over the past year. The company is forecast to post earnings per share of CN¥0.42 for next year compared to CN¥0.066 last year.
Reported Earnings • Aug 24Second quarter 2023 earnings released: EPS: CN¥0.081 (vs CN¥0.022 in 2Q 2022)Second quarter 2023 results: EPS: CN¥0.081 (up from CN¥0.022 in 2Q 2022). Revenue: CN¥2.05b (flat on 2Q 2022). Net income: CN¥93.7m (up 202% from 2Q 2022). Profit margin: 4.6% (up from 1.5% in 2Q 2022). Revenue is forecast to grow 15% 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 50% per year but the company’s share price has only fallen by 16% per year, which means it has not declined as severely as earnings.
공시 • Aug 10Era Co., Ltd. Announces Executive AppointmentsEra Co., Ltd. at the Extraordinary General Meeting of 2023 on 08 August 2023, approved Election of non-independent directors, cumulative voting system applicable: Zhang Yichen; Election of independent directors, cumulative voting system applicable: Yi Jianhui; Election of non-employee supervisors, cumulative voting system applicable: Chen Wei.
공시 • May 25Era Co., Ltd. Announces Cash Dividend on A Shares for the Year 2022, Payable on 31 May 2023Era Co., Ltd. announced cash dividend of CNY 0.12000000 per 10 shares (tax included) on A shares for the year 2022. Record date is 30 May 2023, Ex-date is 31 May 2023 and Payment date is 31 May 2023.
Reported Earnings • Apr 23First quarter 2023 earnings released: EPS: CN¥0.06 (vs CN¥0.03 in 1Q 2022)First quarter 2023 results: EPS: CN¥0.06 (up from CN¥0.03 in 1Q 2022). Revenue: CN¥1.60b (down 6.7% from 1Q 2022). Net income: CN¥76.8m (up 139% from 1Q 2022). Profit margin: 4.8% (up from 1.9% in 1Q 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 17% growth forecast for the Chemicals industry in China. Over the last 3 years on average, earnings per share has fallen by 39% per year but the company’s share price has only fallen by 12% per year, which means it has not declined as severely as earnings.
Reported Earnings • Oct 27Third quarter 2022 earnings released: EPS: CN¥0.002 (vs CN¥0.09 in 3Q 2021)Third quarter 2022 results: EPS: CN¥0.002 (down from CN¥0.09 in 3Q 2021). Revenue: CN¥2.10b (down 13% from 3Q 2021). Net income: CN¥2.19m (down 98% from 3Q 2021). Profit margin: 0.1% (down from 4.4% in 3Q 2021). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 15% 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 9% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings.
Valuation Update With 7 Day Price Move • Oct 11Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to CN¥5.34, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 14x in the Chemicals industry in China. Total returns to shareholders of 20% over the past three years.
Valuation Update With 7 Day Price Move • Sep 26Investor sentiment improved over the past weekAfter last week's 24% share price gain to CN¥5.39, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 15x in the Chemicals industry in China. Total returns to shareholders of 28% over the past three years.
Major Estimate Revision • Sep 05Consensus EPS estimates fall by 11%The consensus outlook for earnings per share (EPS) in 2022 has deteriorated. 2022 revenue forecast decreased from CN¥10.2b to CN¥9.92b. EPS estimate also fell from CN¥0.54 per share to CN¥0.48 per share. Net income forecast to grow 18% next year vs 39% growth forecast for Chemicals industry in China. Consensus price target of CN¥5.96 unchanged from last update. Share price fell 3.5% to CN¥4.73 over the past week.
Valuation Update With 7 Day Price Move • Jul 22Investor sentiment improved over the past weekAfter last week's 18% share price gain to CN¥5.30, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 17x in the Chemicals industry in China. Total returns to shareholders of 14% over the past three years.
공시 • Jun 17Era Co., Ltd. Announces 2021 Final Profit Distribution Plan to Be Implemented (A Shares), Payable on June 24, 2022Era Co., Ltd. announced 2021 final profit distribution plan to be implemented (A shares), Payable on June 24, 2022. The company announced Cash dividend/10 shares (tax included) of CNY 0.72000000. The record date is June 23, 2022 and ex-date is June 24, 2022.
공시 • May 12Era Co., Ltd. Approves Cash Dividend for 2021Era Co., Ltd. approved cash dividend of CNY 0.7200000 (tax included) per 10 shares for 2021, at the Annual General Meeting of 2021 held on 06 May 2022.
Reported Earnings • Apr 29First quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behindFirst quarter 2022 results: EPS: CN¥0.03 (down from CN¥0.06 in 1Q 2021). Revenue: CN¥1.71b (up 8.1% from 1Q 2021). Net income: CN¥32.2m (down 57% from 1Q 2021). Profit margin: 1.9% (down from 4.7% in 1Q 2021). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 1.9%. Earnings per share (EPS) missed analyst estimates by 6.0%. Over the next year, revenue is forecast to grow 19%, compared to a 42% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.
Price Target Changed • Apr 27Price target increased to CN¥6.17Up from CN¥5.50, the current price target is an average from 4 analysts. New target price is 47% above last closing price of CN¥4.20. Stock is down 40% over the past year. The company is forecast to post earnings per share of CN¥0.57 for next year compared to CN¥0.47 last year.
공시 • Apr 13+ 1 more updateEra Co., Ltd. Proposes Cash Dividend for 2021Era Co., Ltd. proposed cash dividend of CNY 0.7200000 (tax included) per 10 shares for 2021.
Reported Earnings • Apr 12Full year 2021 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2021 results: EPS: CN¥0.47 (down from CN¥0.68 in FY 2020). Revenue: CN¥8.88b (up 26% from FY 2020). Net income: CN¥576.9m (down 25% from FY 2020). Profit margin: 6.5% (down from 11% in FY 2020). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 1.9%. Earnings per share (EPS) missed analyst estimates by 6.0%. Over the next year, revenue is forecast to grow 20%, compared to a 49% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Mar 02Full year 2021 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2021 results: EPS: CN¥0.48 (down from CN¥0.68 in FY 2020). Revenue: CN¥8.88t (up CN¥8.87t from FY 2020). Net income: CN¥593.8b (up CN¥593.0b from FY 2020). Profit margin: 6.7% (down from 11% in FY 2020). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 1.9%. Earnings per share (EPS) missed analyst estimates by 4.0%. Over the next year, revenue is expected to shrink by 100% compared to a 47% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Jan 25Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to CN¥5.30, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 19x in the Chemicals industry in China. Total returns to shareholders of 62% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥2.71 per share.
Reported Earnings • Oct 31Third quarter 2021 earnings released: EPS CN¥0.09 (vs CN¥0.23 in 3Q 2020)The company reported a soft third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: CN¥2.42b (up 24% from 3Q 2020). Net income: CN¥107.7m (down 59% from 3Q 2020). Profit margin: 4.4% (down from 13% 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 35% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth.
Price Target Changed • Aug 28Price target decreased to CN¥6.24Down from CN¥9.32, the current price target is an average from 3 analysts. New target price is 23% above last closing price of CN¥5.07. Stock is down 45% over the past year.
Reported Earnings • Aug 25Second quarter 2021 earnings released: EPS CN¥0.14 (vs CN¥0.24 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¥2.37b (up 21% from 2Q 2020). Net income: CN¥177.3m (down 26% from 2Q 2020). Profit margin: 7.5% (down from 12% 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 45% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Jul 21Second quarter 2021 earnings released: EPS CN¥0.14 (vs CN¥0.24 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¥2.37b (up 21% from 2Q 2020). Net income: CN¥177.3m (down 26% from 2Q 2020). Profit margin: 7.5% (down from 12% 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 44% per year but the company’s share price has only increased by 21% per year, which means it is significantly lagging earnings growth.
공시 • May 21Yonggao Co., Ltd. Approves Cash Dividend for the Year 2020Yonggao Co., Ltd. announced that at its AGM held on May 18, 2021, it approved the cash dividend/10 shares (tax included) of CNY 1.25 for the year 2020.
공시 • Apr 29Yonggao Co., Ltd. Announces Final Profit Distribution Proposal for 2020Yonggao Co., Ltd. announced final profit distribution proposal of CNY 1.25000000 per 10 shares (tax included) for 2020.
Reported Earnings • Apr 28First quarter 2021 earnings released: EPS CN¥0.06 (vs CN¥0.03 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: CN¥1.58b (up 87% from 1Q 2020). Net income: CN¥75.1m (up 98% from 1Q 2020). Profit margin: 4.7% (up from 4.5% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 46% per year but the company’s share price has only increased by 22% per year, which means it is significantly lagging earnings growth.
Analyst Estimate Surprise Post Earnings • Jan 26Revenue and earnings miss expectationsRevenue missed analyst estimates by 0.8%. Earnings per share (EPS) also missed analyst estimates by 1.1%. Over the next year, revenue is forecast to grow 18%, compared to a 50% growth forecast for the Chemicals industry in China.
Is New 90 Day High Low • Jan 11New 90-day low: CN¥6.14The company is down 28% from its price of CN¥8.56 on 13 October 2020. The Chinese market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 12% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥20.23 per share.
Is New 90 Day High Low • Dec 16New 90-day low: CN¥6.96The company is down 14% from its price of CN¥8.07 on 17 September 2020. The Chinese market is up 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals 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¥20.47 per share.
Is New 90 Day High Low • Nov 30New 90-day low: CN¥7.01The company is down 23% from its price of CN¥9.08 on 01 September 2020. The Chinese market is down 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 4.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥17.78 per share.
Is New 90 Day High Low • Oct 29New 90-day low: CN¥7.38The company is down 15% from its price of CN¥8.68 on 31 July 2020. The Chinese market is down 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 3.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥19.32 per share.
Major Estimate Revision • Oct 26Analysts update estimatesThe 2020 consensus earning per share (EPS) estimate increased from CN¥0.63 to CN¥0.70. Revenue estimate for the same period was approximately flat at CN¥7.10b. Net income is expected to grow by 23% next year compared to 42% growth forecast for the Chemicals industry in China. The consensus price target of CN¥10.80 was unchanged from the last update. Share price is down by 3.3% to CN¥7.99 over the past week.
Reported Earnings • Oct 20Third quarter earnings releasedOver the last 12 months the company has reported total profits of CN¥724.2m, up 76% from the prior year. Total revenue was CN¥6.64b over the last 12 months, up 9.8% from the prior year.
공시 • Oct 16Yonggao Co., Ltd. to Report Q3, 2020 Results on Oct 20, 2020Yonggao Co., Ltd. announced that they will report Q3, 2020 results on Oct 20, 2020
Valuation Update With 7 Day Price Move • Oct 12Market bids up stock over the past weekAfter last week's 16% share price gain to CN¥8.82, the stock is trading at a trailing P/E ratio of 16.9x, up from the previous P/E ratio of 14.6x. This compares to an average P/E of 39x in the Chemicals industry in China. Total returns to shareholders over the past three years are 76%.
공시 • Jul 23Yonggao Co., Ltd. to Report First Half, 2020 Results on Aug 18, 2020Yonggao Co., Ltd. announced that they will report first half, 2020 results on Aug 18, 2020