View ValuationJiangsu Changhai Composite Materials 향후 성장Future 기준 점검 3/6Jiangsu Changhai Composite Materials (는) 각각 연간 25.4% 및 16.9% 수익과 수익이 증가할 것으로 예상됩니다. EPS는 연간 25% 만큼 성장할 것으로 예상됩니다. 자기자본이익률은 3년 후 11.4% 로 예상됩니다.핵심 정보25.4%이익 성장률25.05%EPS 성장률Chemicals 이익 성장29.0%매출 성장률16.9%향후 자기자본이익률11.36%애널리스트 커버리지Low마지막 업데이트27 Apr 2026최근 향후 성장 업데이트Major Estimate Revision • Apr 09Consensus EPS estimates fall by 12%The consensus outlook for earnings per share (EPS) in fiscal year 2026 has deteriorated. 2026 revenue forecast decreased from CN¥3.64b to CN¥3.56b. EPS estimate also fell from CN¥1.29 per share to CN¥1.13 per share. Net income forecast to grow 41% next year vs 50% growth forecast for Chemicals industry in China. Consensus price target down from CN¥16.38 to CN¥15.77. Share price was steady at CN¥17.54 over the past week.Price Target Changed • Aug 21Price target increased by 11% to CN¥15.59Up from CN¥14.05, the current price target is an average from 3 analysts. New target price is approximately in line with last closing price of CN¥15.99. Stock is up 75% over the past year. The company is forecast to post earnings per share of CN¥0.99 for next year compared to CN¥0.68 last year.Price Target Changed • Oct 30Price target increased by 14% to CN¥13.55Up from CN¥11.92, the current price target is an average from 4 analysts. New target price is 11% above last closing price of CN¥12.16. Stock is down 3.2% over the past year. The company is forecast to post earnings per share of CN¥0.79 for next year compared to CN¥0.72 last year.Major Estimate Revision • Aug 31Consensus EPS estimates fall by 12%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from CN¥2.98b to CN¥2.73b. EPS estimate also fell from CN¥0.848 per share to CN¥0.745 per share. Net income forecast to grow 74% next year vs 49% growth forecast for Chemicals industry in China. Consensus price target down from CN¥14.09 to CN¥11.92. Share price rose 3.1% to CN¥9.55 over the past week.Major Estimate Revision • Aug 29Consensus EPS estimates fall by 13%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from CN¥2.98b to CN¥2.79b. EPS estimate also fell from CN¥0.877 per share to CN¥0.761 per share. Net income forecast to grow 77% next year vs 45% growth forecast for Chemicals industry in China. Consensus price target down from CN¥14.09 to CN¥11.92. Share price rose 3.2% to CN¥9.41 over the past week.Price Target Changed • Aug 24Price target decreased by 14% to CN¥12.17Down from CN¥14.09, the current price target is an average from 4 analysts. New target price is 31% above last closing price of CN¥9.26. Stock is down 30% over the past year. The company is forecast to post earnings per share of CN¥0.85 for next year compared to CN¥0.72 last year.모든 업데이트 보기Recent updatesValuation Update With 7 Day Price Move • Jul 17Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to CN¥17.10, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 18x in the Chemicals industry in China. Total returns to shareholders of 26% over the past three years.Valuation Update With 7 Day Price Move • Jul 02Investor sentiment deteriorates as stock falls 23%After last week's 23% share price decline to CN¥24.71, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 21x in the Chemicals industry in China. Total returns to shareholders of 89% over the past three years.공고 • Jun 30Jiangsu Changhai Composite Materials Co., Ltd to Report First Half, 2026 Results on Aug 22, 2026Jiangsu Changhai Composite Materials Co., Ltd announced that they will report first half, 2026 results on Aug 22, 2026Valuation Update With 7 Day Price Move • Jun 08Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to CN¥22.18, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 20x in the Chemicals industry in China. Total returns to shareholders of 71% over the past three years.Valuation Update With 7 Day Price Move • May 25Investor sentiment improves as stock rises 22%After last week's 22% share price gain to CN¥23.92, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 21x in the Chemicals industry in China. Total returns to shareholders of 84% over the past three years.New Risk • May 06New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Chinese stocks, typically moving 9.8% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (9.8% average weekly change). Minor Risk Paying a dividend despite having no free cash flows.Valuation Update With 7 Day Price Move • Apr 14Investor sentiment improves as stock rises 18%After last week's 18% share price gain to CN¥19.98, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 24x in the Chemicals industry in China. Total returns to shareholders of 27% over the past three years.Major Estimate Revision • Apr 09Consensus EPS estimates fall by 12%The consensus outlook for earnings per share (EPS) in fiscal year 2026 has deteriorated. 2026 revenue forecast decreased from CN¥3.64b to CN¥3.56b. EPS estimate also fell from CN¥1.29 per share to CN¥1.13 per share. Net income forecast to grow 41% next year vs 50% growth forecast for Chemicals industry in China. Consensus price target down from CN¥16.38 to CN¥15.77. Share price was steady at CN¥17.54 over the past week.Reported Earnings • Apr 03Full year 2025 earnings released: EPS: CN¥0.81 (vs CN¥0.68 in FY 2024)Full year 2025 results: EPS: CN¥0.81 (up from CN¥0.68 in FY 2024). Revenue: CN¥3.14b (up 18% from FY 2024). Net income: CN¥326.4m (up 19% from FY 2024). Profit margin: 10% (in line with FY 2024). Revenue is forecast to grow 14% 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 35% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.공고 • Apr 02Jiangsu Changhai Composite Materials Co., Ltd, Annual General Meeting, Apr 28, 2026Jiangsu Changhai Composite Materials Co., Ltd, Annual General Meeting, Apr 28, 2026, at 14:30 China Standard Time. Location: The Company's Meeting Room, Changzhou, Jiangsu China공고 • Mar 31Jiangsu Changhai Composite Materials Co., Ltd to Report Q1, 2026 Results on Apr 24, 2026Jiangsu Changhai Composite Materials Co., Ltd announced that they will report Q1, 2026 results on Apr 24, 2026Valuation Update With 7 Day Price Move • Mar 23Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to CN¥16.07, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 23x in the Chemicals industry in China. Total returns to shareholders of 6.6% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥7.39 per share.New Risk • Feb 27New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 7.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by cash flows (135% cash payout ratio). Share price has been volatile over the past 3 months (7.6% average weekly change).Valuation Update With 7 Day Price Move • Feb 25Investor sentiment improves as stock rises 17%After last week's 17% share price gain to CN¥22.10, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 27x in the Chemicals industry in China. Total returns to shareholders of 40% over the past three years.Valuation Update With 7 Day Price Move • Feb 11Investor sentiment improves as stock rises 22%After last week's 22% share price gain to CN¥20.33, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 27x in the Chemicals industry in China. Total returns to shareholders of 36% over the past three years.공고 • Dec 31Jiangsu Changhai Composite Materials Co., Ltd to Report Fiscal Year 2025 Results on Apr 03, 2026Jiangsu Changhai Composite Materials Co., Ltd announced that they will report fiscal year 2025 results on Apr 03, 2026Reported Earnings • Nov 03Third quarter 2025 earnings released: EPS: CN¥0.21 (vs CN¥0.20 in 3Q 2024)Third quarter 2025 results: EPS: CN¥0.21 (up from CN¥0.20 in 3Q 2024). Revenue: CN¥903.9m (up 33% from 3Q 2024). Net income: CN¥83.8m (up 4.2% from 3Q 2024). Profit margin: 9.3% (down from 12% in 3Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 15% p.a. on average during the next 3 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 41% 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.공고 • Sep 30Jiangsu Changhai Composite Materials Co., Ltd to Report Q3, 2025 Results on Oct 30, 2025Jiangsu Changhai Composite Materials Co., Ltd announced that they will report Q3, 2025 results on Oct 30, 2025공고 • Sep 16Jiangsu Changhai Composite Materials Co., Ltd Approves Interim Dividend for 2025Jiangsu Changhai Composite Materials Co. Ltd. held its 2nd Extraordinary General Meeting of 2025 on 12 September 2025, approved interim Cash dividend/10 shares (tax included): CNY1.00000000 for 2025.Reported Earnings • Aug 22Second quarter 2025 earnings released: EPS: CN¥0.23 (vs CN¥0.18 in 2Q 2024)Second quarter 2025 results: EPS: CN¥0.23 (up from CN¥0.18 in 2Q 2024). Revenue: CN¥692.5m (up 7.8% from 2Q 2024). Net income: CN¥91.5m (up 28% from 2Q 2024). Profit margin: 13% (up from 11% in 2Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Chemicals industry in China. Over the last 3 years on average, earnings per share has fallen by 44% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.Price Target Changed • Aug 21Price target increased by 11% to CN¥15.59Up from CN¥14.05, the current price target is an average from 3 analysts. New target price is approximately in line with last closing price of CN¥15.99. Stock is up 75% over the past year. The company is forecast to post earnings per share of CN¥0.99 for next year compared to CN¥0.68 last year.공고 • Aug 21Jiangsu Changhai Composite Materials Co., Ltd Proposes Interim Cash Dividend for 2025Jiangsu Changhai Composite Materials Co. Ltd. at its EGM held on Sepetmebr 12, 2025 proposed interim Cash dividend per 10 shares (tax included) of CNY 1.00000000 for 2025.Valuation Update With 7 Day Price Move • Aug 15Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CN¥16.59, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 23x in the Chemicals industry in China. Total returns to shareholders of 2.3% over the past three years.공고 • Jul 02Jiangsu Changhai Composite Materials Co., Ltd to Report First Half, 2025 Results on Aug 20, 2025Jiangsu Changhai Composite Materials Co., Ltd announced that they will report first half, 2025 results on Aug 20, 2025New Risk • Jul 01New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 6.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (6.6% average weekly change).Valuation Update With 7 Day Price Move • Jul 01Investor sentiment improves as stock rises 22%After last week's 22% share price gain to CN¥14.64, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 22x in the Chemicals industry in China. Total loss to shareholders of 22% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥5.91 per share.Board Change • Jun 01Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. 6 highly experienced directors. Independent Director Xin Guo was the last director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.Declared Dividend • May 24Dividend increased to CN¥0.20Dividend of CN¥0.20 is 33% higher than last year. Ex-date: 29th May 2025 Payment date: 29th May 2025 Dividend yield will be 1.7%, which is lower than the industry average of 2.6%. Sustainability & Growth Dividend is covered by earnings (26% 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 15% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 108% over the next 3 years, which should provide support to the dividend and adequate earnings cover.공고 • Apr 22Jiangsu Changhai Composite Materials Co., Ltd Proposes Final Cash Dividend for the Year 2024Jiangsu Changhai Composite Materials Co. Ltd. announced on 21 April 2025 the profit distribution proposal for the year 2024 as final cash dividend/10 shares (tax included) of CNY 2.00000000.공고 • Apr 20Jiangsu Changhai Composite Materials Co., Ltd, Annual General Meeting, May 15, 2025Jiangsu Changhai Composite Materials Co., Ltd, Annual General Meeting, May 15, 2025, at 14:30 China Standard Time. Location: The Company's Meeting Room, Changzhou, Jiangsu ChinaReported Earnings • Apr 19Full year 2024 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2024 results: EPS: CN¥0.68 (down from CN¥0.72 in FY 2023). Revenue: CN¥2.66b (up 2.1% from FY 2023). Net income: CN¥274.8m (down 7.2% from FY 2023). Profit margin: 10% (down from 11% in FY 2023). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 1.0%. Earnings per share (EPS) missed analyst estimates by 16%. Revenue is forecast to grow 18% 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 39% 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.Valuation Update With 7 Day Price Move • Apr 07Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to CN¥9.26, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 21x in the Chemicals industry in China. Total loss to shareholders of 36% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥4.34 per share.공고 • Mar 31Jiangsu Changhai Composite Materials Co., Ltd to Report Q1, 2025 Results on Apr 28, 2025Jiangsu Changhai Composite Materials Co., Ltd announced that they will report Q1, 2025 results on Apr 28, 2025공고 • Dec 31Jiangsu Changhai Composite Materials Co., Ltd to Report Fiscal Year 2024 Results on Apr 19, 2025Jiangsu Changhai Composite Materials Co., Ltd announced that they will report fiscal year 2024 results on Apr 19, 2025분석 기사 • Dec 19There Are Reasons To Feel Uneasy About Jiangsu Changhai Composite Materials' (SZSE:300196) Returns On CapitalIf we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...분석 기사 • Nov 14Potential Upside For Jiangsu Changhai Composite Materials Co., Ltd (SZSE:300196) Not Without RiskWhen close to half the companies in China have price-to-earnings ratios (or "P/E's") above 37x, you may consider...Price Target Changed • Oct 30Price target increased by 14% to CN¥13.55Up from CN¥11.92, the current price target is an average from 4 analysts. New target price is 11% above last closing price of CN¥12.16. Stock is down 3.2% over the past year. The company is forecast to post earnings per share of CN¥0.79 for next year compared to CN¥0.72 last year.Reported Earnings • Oct 26Third quarter 2024 earnings released: EPS: CN¥0.20 (vs CN¥0.18 in 3Q 2023)Third quarter 2024 results: EPS: CN¥0.20 (up from CN¥0.18 in 3Q 2023). Revenue: CN¥679.0m (flat on 3Q 2023). Net income: CN¥80.4m (up 3.8% from 3Q 2023). Profit margin: 12% (in line with 3Q 2023). Revenue is forecast to grow 22% 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 31% 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.Valuation Update With 7 Day Price Move • Oct 15Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to CN¥10.94, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 16x in the Chemicals industry in China. Total loss to shareholders of 33% over the past three years.분석 기사 • Oct 13At CN¥10.97, Is Jiangsu Changhai Composite Materials Co., Ltd (SZSE:300196) Worth Looking At Closely?While Jiangsu Changhai Composite Materials Co., Ltd ( SZSE:300196 ) might not have the largest market cap around , it...공고 • Sep 30Jiangsu Changhai Composite Materials Co., Ltd to Report Q3, 2024 Results on Oct 26, 2024Jiangsu Changhai Composite Materials Co., Ltd announced that they will report Q3, 2024 results on Oct 26, 2024Valuation Update With 7 Day Price Move • Sep 30Investor sentiment improves as stock rises 25%After last week's 25% share price gain to CN¥11.89, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 16x in the Chemicals industry in China. Total loss to shareholders of 24% over the past three years.분석 기사 • Sep 27Is Jiangsu Changhai Composite Materials (SZSE:300196) Using Too Much Debt?David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...Major Estimate Revision • Aug 31Consensus EPS estimates fall by 12%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from CN¥2.98b to CN¥2.73b. EPS estimate also fell from CN¥0.848 per share to CN¥0.745 per share. Net income forecast to grow 74% next year vs 49% growth forecast for Chemicals industry in China. Consensus price target down from CN¥14.09 to CN¥11.92. Share price rose 3.1% to CN¥9.55 over the past week.Major Estimate Revision • Aug 29Consensus EPS estimates fall by 13%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from CN¥2.98b to CN¥2.79b. EPS estimate also fell from CN¥0.877 per share to CN¥0.761 per share. Net income forecast to grow 77% next year vs 45% growth forecast for Chemicals industry in China. Consensus price target down from CN¥14.09 to CN¥11.92. Share price rose 3.2% to CN¥9.41 over the past week.Price Target Changed • Aug 24Price target decreased by 14% to CN¥12.17Down from CN¥14.09, the current price target is an average from 4 analysts. New target price is 31% above last closing price of CN¥9.26. Stock is down 30% over the past year. The company is forecast to post earnings per share of CN¥0.85 for next year compared to CN¥0.72 last year.Reported Earnings • Aug 23Second quarter 2024 earnings released: EPS: CN¥0.18 (vs CN¥0.32 in 2Q 2023)Second quarter 2024 results: EPS: CN¥0.18 (down from CN¥0.32 in 2Q 2023). Revenue: CN¥642.7m (down 8.7% from 2Q 2023). Net income: CN¥71.3m (down 45% from 2Q 2023). Profit margin: 11% (down from 18% in 2Q 2023). Revenue is forecast to grow 21% 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 18% per year but the company’s share price has fallen by 23% per year, which means it is performing significantly worse than earnings.공고 • Jun 29Jiangsu Changhai Composite Materials Co., Ltd to Report First Half, 2024 Results on Aug 23, 2024Jiangsu Changhai Composite Materials Co., Ltd announced that they will report first half, 2024 results on Aug 23, 2024분석 기사 • May 26Jiangsu Changhai Composite Materials (SZSE:300196) Is Paying Out Less In Dividends Than Last YearJiangsu Changhai Composite Materials Co., Ltd ( SZSE:300196 ) is reducing its dividend from last year's comparable...Declared Dividend • May 25Dividend reduced to CN¥0.15Dividend of CN¥0.15 is 25% lower than last year. Ex-date: 29th May 2024 Payment date: 29th May 2024 Dividend yield will be 1.3%, which is lower than the industry average of 2.6%. Sustainability & Growth Dividend is covered by earnings (23% 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 9.1% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 109% over the next 3 years, which should provide support to the dividend and adequate earnings cover.공고 • May 25Jiangsu Changhai Composite Materials Co., Ltd Announces Final Cash Dividend on A Shares for the Year 2023, Payable on 29 May 2024Jiangsu Changhai Composite Materials Co. Ltd. announced final cash dividend of CNY 1.50 per 10 shares (tax included) on A shares for the year 2023. Record date is 28 May 2024, Ex-date is 29 May 2024 and Payment Date is 29 May 2024.Price Target Changed • May 10Price target increased by 8.1% to CN¥14.09Up from CN¥13.03, the current price target is an average from 4 analysts. New target price is 16% above last closing price of CN¥12.13. Stock is down 12% over the past year. The company is forecast to post earnings per share of CN¥0.88 for next year compared to CN¥0.72 last year.분석 기사 • Apr 21Jiangsu Changhai Composite Materials Co., Ltd Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting NowAs you might know, Jiangsu Changhai Composite Materials Co., Ltd ( SZSE:300196 ) last week released its latest...Price Target Changed • Apr 20Price target decreased by 24% to CN¥12.43Down from CN¥16.25, the current price target is an average from 3 analysts. New target price is 25% above last closing price of CN¥9.94. Stock is down 33% over the past year. The company is forecast to post earnings per share of CN¥0.79 for next year compared to CN¥0.72 last year.분석 기사 • Apr 20Jiangsu Changhai Composite Materials Co., Ltd (SZSE:300196) Analysts Just Cut Their EPS Forecasts SubstantiallyThe analysts covering Jiangsu Changhai Composite Materials Co., Ltd ( SZSE:300196 ) delivered a dose of negativity to...공고 • Apr 19Jiangsu Changhai Composite Materials Co., Ltd, Annual General Meeting, May 10, 2024Jiangsu Changhai Composite Materials Co., Ltd, Annual General Meeting, May 10, 2024, at 14:00 China Standard Time. Location: The Company's Meeting Room, Changzhou, Jiangsu ChinaReported Earnings • Apr 18Full year 2023 earnings: EPS and revenues miss analyst expectationsFull year 2023 results: EPS: CN¥0.72 (down from CN¥2.00 in FY 2022). Revenue: CN¥2.61b (down 14% from FY 2022). Net income: CN¥296.1m (down 64% from FY 2022). Profit margin: 11% (down from 27% in FY 2022). The decrease in margin was primarily driven by lower revenue. Revenue missed analyst estimates by 6.0%. Earnings per share (EPS) also missed analyst estimates by 28%. Revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Chemicals industry in China. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has fallen by 17% per year, which means it is significantly lagging earnings.공고 • Mar 30Jiangsu Changhai Composite Materials Co., Ltd to Report Q1, 2024 Results on Apr 24, 2024Jiangsu Changhai Composite Materials Co., Ltd announced that they will report Q1, 2024 results on Apr 24, 2024Valuation Update With 7 Day Price Move • Feb 02Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to CN¥8.61, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 13x in the Chemicals industry in China. Total loss to shareholders of 53% over the past three years.공고 • Dec 30Jiangsu Changhai Composite Materials Co., Ltd to Report Fiscal Year 2023 Results on Apr 18, 2024Jiangsu Changhai Composite Materials Co., Ltd announced that they will report fiscal year 2023 results on Apr 18, 2024Major Estimate Revision • Nov 01Consensus EPS estimates fall by 12%The consensus outlook for earnings per share (EPS) in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from CN¥2.91b to CN¥2.84b. EPS estimate also fell from CN¥1.38 per share to CN¥1.21 per share. Net income forecast to grow 30% next year vs 59% growth forecast for Chemicals industry in China. Consensus price target down from CN¥19.62 to CN¥17.25. Share price fell 3.0% to CN¥12.56 over the past week.Reported Earnings • Oct 26Third quarter 2023 earnings released: EPS: CN¥0.18 (vs CN¥0.42 in 3Q 2022)Third quarter 2023 results: EPS: CN¥0.18 (down from CN¥0.42 in 3Q 2022). Revenue: CN¥680.7m (down 10% from 3Q 2022). Net income: CN¥77.4m (down 56% from 3Q 2022). Profit margin: 11% (down from 23% in 3Q 2022). The decrease in margin was primarily driven by lower revenue. Revenue is forecast to grow 23% 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 increased by 26% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.공고 • Sep 30Jiangsu Changhai Composite Materials Co., Ltd to Report Q3, 2023 Results on Oct 26, 2023Jiangsu Changhai Composite Materials Co., Ltd announced that they will report Q3, 2023 results on Oct 26, 2023Major Estimate Revision • Aug 24Consensus EPS estimates fall by 19%The consensus outlook for earnings per share (EPS) in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from CN¥3.20b to CN¥2.91b. EPS estimate also fell from CN¥1.69 per share to CN¥1.38 per share. Net income forecast to grow 9.7% next year vs 52% growth forecast for Chemicals industry in China. Consensus price target down from CN¥19.92 to CN¥18.49. Share price was steady at CN¥13.37 over the past week.Price Target Changed • Aug 19Price target decreased by 7.2% to CN¥18.49Down from CN¥19.92, the current price target is an average from 3 analysts. New target price is 36% above last closing price of CN¥13.62. Stock is down 20% over the past year. The company is forecast to post earnings per share of CN¥1.44 for next year compared to CN¥2.00 last year.공고 • Jul 01Jiangsu Changhai Composite Materials Co., Ltd to Report First Half, 2023 Results on Aug 18, 2023Jiangsu Changhai Composite Materials Co., Ltd announced that they will report first half, 2023 results on Aug 18, 2023공고 • May 19Jiangsu Changhai Composite Materials Co., Ltd Announces 2022 Final Profit Distribution Plan to Be Implemented (A Shares), Payment Date of 24 May 2023Jiangsu Changhai Composite Materials Co. Ltd. announced 2022 final profit distribution plan to be implemented (A shares): Cash dividend/10 shares (tax included): CNY 2.00000000. Record date: 23 May 2023, Ex-date: 24 May 2023 and Payment date: 24 May 2023. 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: CNY0.20000000(10% x CNY2.00000000) Net cash dividend/10 shares after tax: CNY1.80000000(CNY2.00000000- CNY0.20000000).Reported Earnings • Apr 12Full year 2022 earnings: EPS and revenues exceed analyst expectationsFull year 2022 results: EPS: CN¥2.00 (up from CN¥1.40 in FY 2021). Revenue: CN¥3.02b (up 20% from FY 2021). Net income: CN¥817.3m (up 43% from FY 2021). Profit margin: 27% (up from 23% in FY 2021). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.5%. Earnings per share (EPS) also surpassed analyst estimates by 3.3%. 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 increased by 44% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth.Price Target Changed • Mar 18Price target decreased by 7.9% to CN¥20.50Down from CN¥22.27, the current price target is provided by 1 analyst. New target price is 31% above last closing price of CN¥15.69. Stock is up 3.1% over the past year. The company is forecast to post earnings per share of CN¥1.81 for next year compared to CN¥1.40 last year.Reported Earnings • Oct 25Third quarter 2022 earnings released: EPS: CN¥0.42 (vs CN¥0.40 in 3Q 2021)Third quarter 2022 results: EPS: CN¥0.42 (up from CN¥0.40 in 3Q 2021). Revenue: CN¥759.3m (up 16% from 3Q 2021). Net income: CN¥174.2m (up 8.0% from 3Q 2021). Profit margin: 23% (down from 25% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 23% 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 41% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth.Price Target Changed • Oct 22Price target increased to CN¥22.27Up from CN¥19.70, the current price target is an average from 2 analysts. New target price is 60% above last closing price of CN¥13.89. Stock is down 21% over the past year. The company is forecast to post earnings per share of CN¥1.73 for next year compared to CN¥1.40 last year.Reported Earnings • Aug 18Second quarter 2022 earnings released: EPS: CN¥0.49 (vs CN¥0.37 in 2Q 2021)Second quarter 2022 results: EPS: CN¥0.49 (up from CN¥0.37 in 2Q 2021). Revenue: CN¥783.0m (up 25% from 2Q 2021). Net income: CN¥200.1m (up 30% from 2Q 2021). Profit margin: 26% (up from 25% in 2Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 30%, compared to a 41% growth forecast for the Chemicals industry in China. 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 24% per year, which means it is significantly lagging earnings growth.Board Change • Jun 01High number of new directorsIndependent Director Xin Guo was the last director to join the board, commencing their role in 2022.공고 • May 14+ 1 more updateJiangsu Changhai Composite Materials Co., Ltd Approves Cash Dividend for 2021Jiangsu Changhai Composite Materials Co. Ltd. announced that at its AGM held on 11 May 2022, the shareholders approved profit distribution for 2021 of cash dividend/10 shares (tax included): CNY 1.50000000.Valuation Update With 7 Day Price Move • May 03Investor sentiment improved over the past weekAfter last week's 28% share price gain to CN¥16.70, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 14x in the Chemicals industry in China. Total returns to shareholders of 93% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥7.88 per share.Price Target Changed • Apr 27Price target decreased to CN¥19.70Down from CN¥24.66, the current price target is an average from 4 analysts. New target price is 26% above last closing price of CN¥15.66. Stock is down 12% over the past year. The company is forecast to post earnings per share of CN¥1.71 for next year compared to CN¥1.40 last year.공고 • Apr 24Jiangsu Changhai Composite Materials Co., Ltd, Annual General Meeting, May 11, 2022Jiangsu Changhai Composite Materials Co., Ltd, Annual General Meeting, May 11, 2022, at 10:00 China Standard Time. Agenda: To consider the 2021 annual report and its summary; to consider the 2021 work report of the board of directors; to consider the 2021 work report of the supervisory committee; to consider the 2021 annual accounts; to consider the 2021 profit distribution plan; to consider the reappointment of audit firm; to consider the 2022 application for comprehensive credit line to banks; to consider the shareholder return plan for the next three years from 2022 to 2024; to consider the amendments to the Company's articles of association; Amendments to the work rules for independent directors; to consider the amendments to the external guarantee decision-making system; to consider the election and nomination of non-independent directors; to consider the election and nomination of independent directors; to consider the election and nomination of non-employee supervisors; and to consider the other matters.공고 • Apr 22Jiangsu Changhai Composite Materials Co., Ltd Proposes Dividend for 2021Jiangsu Changhai Composite Materials Co. Ltd. announced on 21 April 2022 the profit distribution proposal for 2021 as follows: Cash dividend/10 shares (tax included) of CNY 1.50000000.Reported Earnings • Apr 21Full year 2021 earnings: EPS and revenues miss analyst expectationsFull year 2021 results: EPS: CN¥1.40 (up from CN¥0.66 in FY 2020). Revenue: CN¥2.51b (up 23% from FY 2020). Net income: CN¥572.4m (up 112% from FY 2020). Profit margin: 23% (up from 13% in FY 2020). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 10%. Earnings per share (EPS) also missed analyst estimates by 7.5%. Over the next year, revenue is forecast to grow 43%, compared to a 47% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth.Reported Earnings • Oct 28Third quarter 2021 earnings released: EPS CN¥0.40 (vs CN¥0.18 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: CN¥654.8m (up 15% from 3Q 2020). Net income: CN¥161.4m (up 123% from 3Q 2020). Profit margin: 25% (up from 13% in 3Q 2020). The increase in margin was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has increased by 31% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • Sep 24Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to CN¥17.94, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 22x in the Chemicals industry in China. Total returns to shareholders of 95% over the past three years.Valuation Update With 7 Day Price Move • Sep 08Investor sentiment improved over the past weekAfter last week's 16% share price gain to CN¥22.84, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 21x in the Chemicals industry in China. Total returns to shareholders of 148% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥36.92 per share.Price Target Changed • Aug 24Price target increased to CN¥25.93Up from CN¥21.50, the current price target is an average from 5 analysts. New target price is 24% above last closing price of CN¥20.88. Stock is up 36% over the past year.Reported Earnings • Aug 22Second quarter 2021 earnings released: EPS CN¥0.37 (vs CN¥0.16 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CN¥624.3m (up 22% from 2Q 2020). Net income: CN¥153.5m (up 127% from 2Q 2020). Profit margin: 25% (up from 13% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has increased by 22% per year, which means it is tracking significantly ahead of earnings growth.Reported Earnings • Apr 27First quarter 2021 earnings released: EPS CN¥0.26 (vs CN¥0.14 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: CN¥554.2m (up 40% from 1Q 2020). Net income: CN¥106.1m (up 89% from 1Q 2020). Profit margin: 19% (up from 14% 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 11% per year but the company’s share price has increased by 19% per year, which means it is tracking significantly ahead of earnings growth.Major Estimate Revision • Apr 17Consensus forecasts updatedThe consensus outlook for 2021 has been updated. 2021 EPS estimate increased from CN¥1.01 to CN¥1.11. Revenue forecast steady at CN¥2.79b. Net income forecast to grow 68% next year vs 51% growth forecast for Chemicals industry in China. Consensus price target up from CN¥20.20 to CN¥21.50. Share price was steady at CN¥16.78 over the past week.Reported Earnings • Apr 11Full year 2020 earnings released: EPS CN¥0.66 (vs CN¥0.71 in FY 2019)The company reported a poor full year result with weaker earnings and revenues, although profit margins were flat. Full year 2020 results: Revenue: CN¥2.04b (down 7.6% from FY 2019). Net income: CN¥270.7m (down 6.5% from FY 2019). Profit margin: 13% (in line with FY 2019). Over the last 3 years on average, earnings per share has increased by 12% per year whereas the company’s share price has increased by 14% per year.공고 • Feb 24Jiangsu Changhai Composite Materials Co., Ltd to Report Fiscal Year 2020 Results on Apr 10, 2021Jiangsu Changhai Composite Materials Co., Ltd announced that they will report fiscal year 2020 results on Apr 10, 2021Valuation Update With 7 Day Price Move • Jan 29Investor sentiment improved over the past weekAfter last week's 19% share price gain to CN¥19.88, the stock is trading at a trailing P/E ratio of 32.1x, up from the previous P/E ratio of 26.9x. This compares to an average P/E of 35x in the Chemicals industry in China. Total returns to shareholders over the past three years are 101%.Is New 90 Day High Low • Jan 28New 90-day high: CN¥18.81The company is up 55% from its price of CN¥12.11 on 30 October 2020. The Chinese market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Chemicals industry, which is up 23% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥9.23 per share.Is New 90 Day High Low • Jan 08New 90-day high: CN¥18.67The company is up 25% from its price of CN¥14.99 on 09 October 2020. The Chinese market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Chemicals industry, which is up 15% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥9.19 per share.Is New 90 Day High Low • Dec 17New 90-day high: CN¥16.18The company is up 7.0% from its price of CN¥15.12 on 18 September 2020. The Chinese market is up 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Chemicals industry, which is up 5.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥9.24 per share.Reported Earnings • Oct 28Third quarter earnings releasedOver the last 12 months the company has reported total profits of CN¥251.0m, down 17% from the prior year. Total revenue was CN¥2.02b over the last 12 months, down 11% from the prior year.Is New 90 Day High Low • Oct 26New 90-day low: CN¥13.14The company is down 1.0% from its price of CN¥13.28 on 28 July 2020. The Chinese market is up 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 7.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥10.47 per share.공고 • Oct 20Jiangsu Changhai Composite Materials Co., Ltd to Report Q3, 2020 Results on Oct 28, 2020Jiangsu Changhai Composite Materials Co., Ltd announced that they will report Q3, 2020 results on Oct 28, 2020공고 • Jul 25Jiangsu Changhai Composite Materials Co., Ltd to Report First Half, 2020 Results on Aug 21, 2020Jiangsu Changhai Composite Materials Co., Ltd announced that they will report first half, 2020 results on Aug 21, 2020이익 및 매출 성장 예측SZSE:300196 - 애널리스트 향후 추정치 및 과거 재무 데이터 (CNY Millions)날짜매출이익자유현금흐름영업현금흐름평균 애널리스트 수12/31/20284,947689N/A1,554112/31/20274,243609N/A493112/31/20263,564462N/A1,13513/31/20263,110325-181127N/A12/31/20253,139326-223140N/A9/30/20253,11933060502N/A6/30/20252,89432668647N/A3/31/20252,844306-298341N/A12/31/20242,662275-182448N/A9/30/20242,522211-397353N/A6/30/20242,523208-295408N/A3/31/20242,585266-26667N/A12/31/20232,60729634719N/A9/30/20232,709503-35666N/A6/30/20232,787600-333429N/A3/31/20232,866671-233542N/A1/1/20233,017817-225562N/A9/30/20222,969754-192570N/A6/30/20222,865741-245610N/A3/31/20222,706694-208609N/A1/1/20222,506572-495598N/A9/30/20212,399495-338662N/A6/30/20212,315406-199587N/A3/31/20212,201321-86511N/A12/31/20202,043271166433N/A9/30/20202,022251232366N/A6/30/20202,031268334414N/A3/31/20202,086290313406N/A12/31/20192,210289N/A379N/A9/30/20192,282303N/A254N/A6/30/20192,296301N/A179N/A3/31/20192,269278N/A142N/A12/31/20182,198263N/A195N/A9/30/20182,103232N/A341N/A6/30/20182,088205N/A379N/A3/31/20182,066182N/A407N/A12/31/20172,027202N/A385N/A9/30/20171,971228N/A261N/A6/30/20171,837237N/A307N/A3/31/20171,788269N/A305N/A12/31/20161,768258N/A329N/A9/30/20161,750249N/A359N/A6/30/20161,702246N/A308N/A3/31/20161,660224N/A320N/A12/31/20151,516214N/A295N/A9/30/20151,348198N/A284N/A더 보기애널리스트 향후 성장 전망수입 대 저축률: 300196 의 연간 예상 수익 증가율(25.4%)이 saving rate(2.4%)보다 높습니다.수익 vs 시장: 300196 의 연간 수익(25.4%)이 CN 시장(25.7%)보다 느리게 성장할 것으로 예상됩니다.고성장 수익: 300196 의 수입은 향후 3년 동안 상당히 증가할 것으로 예상됩니다.수익 대 시장: 300196 의 수익(연간 16.9%)이 CN 시장(연간 16.2%)보다 빠르게 성장할 것으로 예상됩니다.고성장 매출: 300196 의 수익(연간 16.9%)은 연간 20%보다 느리게 증가할 것으로 예상됩니다.주당순이익 성장 예측향후 자기자본이익률미래 ROE: 300196의 자본 수익률은 3년 후 11.4%로 낮을 것으로 예상됩니다.성장 기업 찾아보기7D1Y7D1Y7D1YMaterials 산업의 고성장 기업.View Past Performance기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/07/29 21:49종가2026/07/29 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 모델의 세부 정보는 당사의 GitHub 페이지에서 확인하실 수 있습니다. 또한 보고서 사용 방법에 대한 가이드와 YouTube 튜토리얼도 제공하고 있습니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Jiangsu Changhai Composite Materials Co., Ltd는 8명의 분석가가 다루고 있습니다. 이 중 1명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Jingru MaBohai Securities Co., Ltd.Jiachen LiuChina International Capital Corporation LimitedMingxin SunCitic Securities Co., Ltd.5명의 분석가 더 보기
Major Estimate Revision • Apr 09Consensus EPS estimates fall by 12%The consensus outlook for earnings per share (EPS) in fiscal year 2026 has deteriorated. 2026 revenue forecast decreased from CN¥3.64b to CN¥3.56b. EPS estimate also fell from CN¥1.29 per share to CN¥1.13 per share. Net income forecast to grow 41% next year vs 50% growth forecast for Chemicals industry in China. Consensus price target down from CN¥16.38 to CN¥15.77. Share price was steady at CN¥17.54 over the past week.
Price Target Changed • Aug 21Price target increased by 11% to CN¥15.59Up from CN¥14.05, the current price target is an average from 3 analysts. New target price is approximately in line with last closing price of CN¥15.99. Stock is up 75% over the past year. The company is forecast to post earnings per share of CN¥0.99 for next year compared to CN¥0.68 last year.
Price Target Changed • Oct 30Price target increased by 14% to CN¥13.55Up from CN¥11.92, the current price target is an average from 4 analysts. New target price is 11% above last closing price of CN¥12.16. Stock is down 3.2% over the past year. The company is forecast to post earnings per share of CN¥0.79 for next year compared to CN¥0.72 last year.
Major Estimate Revision • Aug 31Consensus EPS estimates fall by 12%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from CN¥2.98b to CN¥2.73b. EPS estimate also fell from CN¥0.848 per share to CN¥0.745 per share. Net income forecast to grow 74% next year vs 49% growth forecast for Chemicals industry in China. Consensus price target down from CN¥14.09 to CN¥11.92. Share price rose 3.1% to CN¥9.55 over the past week.
Major Estimate Revision • Aug 29Consensus EPS estimates fall by 13%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from CN¥2.98b to CN¥2.79b. EPS estimate also fell from CN¥0.877 per share to CN¥0.761 per share. Net income forecast to grow 77% next year vs 45% growth forecast for Chemicals industry in China. Consensus price target down from CN¥14.09 to CN¥11.92. Share price rose 3.2% to CN¥9.41 over the past week.
Price Target Changed • Aug 24Price target decreased by 14% to CN¥12.17Down from CN¥14.09, the current price target is an average from 4 analysts. New target price is 31% above last closing price of CN¥9.26. Stock is down 30% over the past year. The company is forecast to post earnings per share of CN¥0.85 for next year compared to CN¥0.72 last year.
Valuation Update With 7 Day Price Move • Jul 17Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to CN¥17.10, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 18x in the Chemicals industry in China. Total returns to shareholders of 26% over the past three years.
Valuation Update With 7 Day Price Move • Jul 02Investor sentiment deteriorates as stock falls 23%After last week's 23% share price decline to CN¥24.71, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 21x in the Chemicals industry in China. Total returns to shareholders of 89% over the past three years.
공고 • Jun 30Jiangsu Changhai Composite Materials Co., Ltd to Report First Half, 2026 Results on Aug 22, 2026Jiangsu Changhai Composite Materials Co., Ltd announced that they will report first half, 2026 results on Aug 22, 2026
Valuation Update With 7 Day Price Move • Jun 08Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to CN¥22.18, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 20x in the Chemicals industry in China. Total returns to shareholders of 71% over the past three years.
Valuation Update With 7 Day Price Move • May 25Investor sentiment improves as stock rises 22%After last week's 22% share price gain to CN¥23.92, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 21x in the Chemicals industry in China. Total returns to shareholders of 84% over the past three years.
New Risk • May 06New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Chinese stocks, typically moving 9.8% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (9.8% average weekly change). Minor Risk Paying a dividend despite having no free cash flows.
Valuation Update With 7 Day Price Move • Apr 14Investor sentiment improves as stock rises 18%After last week's 18% share price gain to CN¥19.98, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 24x in the Chemicals industry in China. Total returns to shareholders of 27% over the past three years.
Major Estimate Revision • Apr 09Consensus EPS estimates fall by 12%The consensus outlook for earnings per share (EPS) in fiscal year 2026 has deteriorated. 2026 revenue forecast decreased from CN¥3.64b to CN¥3.56b. EPS estimate also fell from CN¥1.29 per share to CN¥1.13 per share. Net income forecast to grow 41% next year vs 50% growth forecast for Chemicals industry in China. Consensus price target down from CN¥16.38 to CN¥15.77. Share price was steady at CN¥17.54 over the past week.
Reported Earnings • Apr 03Full year 2025 earnings released: EPS: CN¥0.81 (vs CN¥0.68 in FY 2024)Full year 2025 results: EPS: CN¥0.81 (up from CN¥0.68 in FY 2024). Revenue: CN¥3.14b (up 18% from FY 2024). Net income: CN¥326.4m (up 19% from FY 2024). Profit margin: 10% (in line with FY 2024). Revenue is forecast to grow 14% 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 35% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.
공고 • Apr 02Jiangsu Changhai Composite Materials Co., Ltd, Annual General Meeting, Apr 28, 2026Jiangsu Changhai Composite Materials Co., Ltd, Annual General Meeting, Apr 28, 2026, at 14:30 China Standard Time. Location: The Company's Meeting Room, Changzhou, Jiangsu China
공고 • Mar 31Jiangsu Changhai Composite Materials Co., Ltd to Report Q1, 2026 Results on Apr 24, 2026Jiangsu Changhai Composite Materials Co., Ltd announced that they will report Q1, 2026 results on Apr 24, 2026
Valuation Update With 7 Day Price Move • Mar 23Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to CN¥16.07, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 23x in the Chemicals industry in China. Total returns to shareholders of 6.6% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥7.39 per share.
New Risk • Feb 27New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 7.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by cash flows (135% cash payout ratio). Share price has been volatile over the past 3 months (7.6% average weekly change).
Valuation Update With 7 Day Price Move • Feb 25Investor sentiment improves as stock rises 17%After last week's 17% share price gain to CN¥22.10, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 27x in the Chemicals industry in China. Total returns to shareholders of 40% over the past three years.
Valuation Update With 7 Day Price Move • Feb 11Investor sentiment improves as stock rises 22%After last week's 22% share price gain to CN¥20.33, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 27x in the Chemicals industry in China. Total returns to shareholders of 36% over the past three years.
공고 • Dec 31Jiangsu Changhai Composite Materials Co., Ltd to Report Fiscal Year 2025 Results on Apr 03, 2026Jiangsu Changhai Composite Materials Co., Ltd announced that they will report fiscal year 2025 results on Apr 03, 2026
Reported Earnings • Nov 03Third quarter 2025 earnings released: EPS: CN¥0.21 (vs CN¥0.20 in 3Q 2024)Third quarter 2025 results: EPS: CN¥0.21 (up from CN¥0.20 in 3Q 2024). Revenue: CN¥903.9m (up 33% from 3Q 2024). Net income: CN¥83.8m (up 4.2% from 3Q 2024). Profit margin: 9.3% (down from 12% in 3Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 15% p.a. on average during the next 3 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 41% 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.
공고 • Sep 30Jiangsu Changhai Composite Materials Co., Ltd to Report Q3, 2025 Results on Oct 30, 2025Jiangsu Changhai Composite Materials Co., Ltd announced that they will report Q3, 2025 results on Oct 30, 2025
공고 • Sep 16Jiangsu Changhai Composite Materials Co., Ltd Approves Interim Dividend for 2025Jiangsu Changhai Composite Materials Co. Ltd. held its 2nd Extraordinary General Meeting of 2025 on 12 September 2025, approved interim Cash dividend/10 shares (tax included): CNY1.00000000 for 2025.
Reported Earnings • Aug 22Second quarter 2025 earnings released: EPS: CN¥0.23 (vs CN¥0.18 in 2Q 2024)Second quarter 2025 results: EPS: CN¥0.23 (up from CN¥0.18 in 2Q 2024). Revenue: CN¥692.5m (up 7.8% from 2Q 2024). Net income: CN¥91.5m (up 28% from 2Q 2024). Profit margin: 13% (up from 11% in 2Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Chemicals industry in China. Over the last 3 years on average, earnings per share has fallen by 44% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.
Price Target Changed • Aug 21Price target increased by 11% to CN¥15.59Up from CN¥14.05, the current price target is an average from 3 analysts. New target price is approximately in line with last closing price of CN¥15.99. Stock is up 75% over the past year. The company is forecast to post earnings per share of CN¥0.99 for next year compared to CN¥0.68 last year.
공고 • Aug 21Jiangsu Changhai Composite Materials Co., Ltd Proposes Interim Cash Dividend for 2025Jiangsu Changhai Composite Materials Co. Ltd. at its EGM held on Sepetmebr 12, 2025 proposed interim Cash dividend per 10 shares (tax included) of CNY 1.00000000 for 2025.
Valuation Update With 7 Day Price Move • Aug 15Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CN¥16.59, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 23x in the Chemicals industry in China. Total returns to shareholders of 2.3% over the past three years.
공고 • Jul 02Jiangsu Changhai Composite Materials Co., Ltd to Report First Half, 2025 Results on Aug 20, 2025Jiangsu Changhai Composite Materials Co., Ltd announced that they will report first half, 2025 results on Aug 20, 2025
New Risk • Jul 01New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 6.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (6.6% average weekly change).
Valuation Update With 7 Day Price Move • Jul 01Investor sentiment improves as stock rises 22%After last week's 22% share price gain to CN¥14.64, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 22x in the Chemicals industry in China. Total loss to shareholders of 22% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥5.91 per share.
Board Change • Jun 01Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. 6 highly experienced directors. Independent Director Xin Guo was the last director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.
Declared Dividend • May 24Dividend increased to CN¥0.20Dividend of CN¥0.20 is 33% higher than last year. Ex-date: 29th May 2025 Payment date: 29th May 2025 Dividend yield will be 1.7%, which is lower than the industry average of 2.6%. Sustainability & Growth Dividend is covered by earnings (26% 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 15% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 108% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
공고 • Apr 22Jiangsu Changhai Composite Materials Co., Ltd Proposes Final Cash Dividend for the Year 2024Jiangsu Changhai Composite Materials Co. Ltd. announced on 21 April 2025 the profit distribution proposal for the year 2024 as final cash dividend/10 shares (tax included) of CNY 2.00000000.
공고 • Apr 20Jiangsu Changhai Composite Materials Co., Ltd, Annual General Meeting, May 15, 2025Jiangsu Changhai Composite Materials Co., Ltd, Annual General Meeting, May 15, 2025, at 14:30 China Standard Time. Location: The Company's Meeting Room, Changzhou, Jiangsu China
Reported Earnings • Apr 19Full year 2024 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2024 results: EPS: CN¥0.68 (down from CN¥0.72 in FY 2023). Revenue: CN¥2.66b (up 2.1% from FY 2023). Net income: CN¥274.8m (down 7.2% from FY 2023). Profit margin: 10% (down from 11% in FY 2023). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 1.0%. Earnings per share (EPS) missed analyst estimates by 16%. Revenue is forecast to grow 18% 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 39% 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.
Valuation Update With 7 Day Price Move • Apr 07Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to CN¥9.26, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 21x in the Chemicals industry in China. Total loss to shareholders of 36% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥4.34 per share.
공고 • Mar 31Jiangsu Changhai Composite Materials Co., Ltd to Report Q1, 2025 Results on Apr 28, 2025Jiangsu Changhai Composite Materials Co., Ltd announced that they will report Q1, 2025 results on Apr 28, 2025
공고 • Dec 31Jiangsu Changhai Composite Materials Co., Ltd to Report Fiscal Year 2024 Results on Apr 19, 2025Jiangsu Changhai Composite Materials Co., Ltd announced that they will report fiscal year 2024 results on Apr 19, 2025
분석 기사 • Dec 19There Are Reasons To Feel Uneasy About Jiangsu Changhai Composite Materials' (SZSE:300196) Returns On CapitalIf we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
분석 기사 • Nov 14Potential Upside For Jiangsu Changhai Composite Materials Co., Ltd (SZSE:300196) Not Without RiskWhen close to half the companies in China have price-to-earnings ratios (or "P/E's") above 37x, you may consider...
Price Target Changed • Oct 30Price target increased by 14% to CN¥13.55Up from CN¥11.92, the current price target is an average from 4 analysts. New target price is 11% above last closing price of CN¥12.16. Stock is down 3.2% over the past year. The company is forecast to post earnings per share of CN¥0.79 for next year compared to CN¥0.72 last year.
Reported Earnings • Oct 26Third quarter 2024 earnings released: EPS: CN¥0.20 (vs CN¥0.18 in 3Q 2023)Third quarter 2024 results: EPS: CN¥0.20 (up from CN¥0.18 in 3Q 2023). Revenue: CN¥679.0m (flat on 3Q 2023). Net income: CN¥80.4m (up 3.8% from 3Q 2023). Profit margin: 12% (in line with 3Q 2023). Revenue is forecast to grow 22% 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 31% 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.
Valuation Update With 7 Day Price Move • Oct 15Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to CN¥10.94, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 16x in the Chemicals industry in China. Total loss to shareholders of 33% over the past three years.
분석 기사 • Oct 13At CN¥10.97, Is Jiangsu Changhai Composite Materials Co., Ltd (SZSE:300196) Worth Looking At Closely?While Jiangsu Changhai Composite Materials Co., Ltd ( SZSE:300196 ) might not have the largest market cap around , it...
공고 • Sep 30Jiangsu Changhai Composite Materials Co., Ltd to Report Q3, 2024 Results on Oct 26, 2024Jiangsu Changhai Composite Materials Co., Ltd announced that they will report Q3, 2024 results on Oct 26, 2024
Valuation Update With 7 Day Price Move • Sep 30Investor sentiment improves as stock rises 25%After last week's 25% share price gain to CN¥11.89, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 16x in the Chemicals industry in China. Total loss to shareholders of 24% over the past three years.
분석 기사 • Sep 27Is Jiangsu Changhai Composite Materials (SZSE:300196) Using Too Much Debt?David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Major Estimate Revision • Aug 31Consensus EPS estimates fall by 12%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from CN¥2.98b to CN¥2.73b. EPS estimate also fell from CN¥0.848 per share to CN¥0.745 per share. Net income forecast to grow 74% next year vs 49% growth forecast for Chemicals industry in China. Consensus price target down from CN¥14.09 to CN¥11.92. Share price rose 3.1% to CN¥9.55 over the past week.
Major Estimate Revision • Aug 29Consensus EPS estimates fall by 13%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from CN¥2.98b to CN¥2.79b. EPS estimate also fell from CN¥0.877 per share to CN¥0.761 per share. Net income forecast to grow 77% next year vs 45% growth forecast for Chemicals industry in China. Consensus price target down from CN¥14.09 to CN¥11.92. Share price rose 3.2% to CN¥9.41 over the past week.
Price Target Changed • Aug 24Price target decreased by 14% to CN¥12.17Down from CN¥14.09, the current price target is an average from 4 analysts. New target price is 31% above last closing price of CN¥9.26. Stock is down 30% over the past year. The company is forecast to post earnings per share of CN¥0.85 for next year compared to CN¥0.72 last year.
Reported Earnings • Aug 23Second quarter 2024 earnings released: EPS: CN¥0.18 (vs CN¥0.32 in 2Q 2023)Second quarter 2024 results: EPS: CN¥0.18 (down from CN¥0.32 in 2Q 2023). Revenue: CN¥642.7m (down 8.7% from 2Q 2023). Net income: CN¥71.3m (down 45% from 2Q 2023). Profit margin: 11% (down from 18% in 2Q 2023). Revenue is forecast to grow 21% 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 18% per year but the company’s share price has fallen by 23% per year, which means it is performing significantly worse than earnings.
공고 • Jun 29Jiangsu Changhai Composite Materials Co., Ltd to Report First Half, 2024 Results on Aug 23, 2024Jiangsu Changhai Composite Materials Co., Ltd announced that they will report first half, 2024 results on Aug 23, 2024
분석 기사 • May 26Jiangsu Changhai Composite Materials (SZSE:300196) Is Paying Out Less In Dividends Than Last YearJiangsu Changhai Composite Materials Co., Ltd ( SZSE:300196 ) is reducing its dividend from last year's comparable...
Declared Dividend • May 25Dividend reduced to CN¥0.15Dividend of CN¥0.15 is 25% lower than last year. Ex-date: 29th May 2024 Payment date: 29th May 2024 Dividend yield will be 1.3%, which is lower than the industry average of 2.6%. Sustainability & Growth Dividend is covered by earnings (23% 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 9.1% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 109% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
공고 • May 25Jiangsu Changhai Composite Materials Co., Ltd Announces Final Cash Dividend on A Shares for the Year 2023, Payable on 29 May 2024Jiangsu Changhai Composite Materials Co. Ltd. announced final cash dividend of CNY 1.50 per 10 shares (tax included) on A shares for the year 2023. Record date is 28 May 2024, Ex-date is 29 May 2024 and Payment Date is 29 May 2024.
Price Target Changed • May 10Price target increased by 8.1% to CN¥14.09Up from CN¥13.03, the current price target is an average from 4 analysts. New target price is 16% above last closing price of CN¥12.13. Stock is down 12% over the past year. The company is forecast to post earnings per share of CN¥0.88 for next year compared to CN¥0.72 last year.
분석 기사 • Apr 21Jiangsu Changhai Composite Materials Co., Ltd Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting NowAs you might know, Jiangsu Changhai Composite Materials Co., Ltd ( SZSE:300196 ) last week released its latest...
Price Target Changed • Apr 20Price target decreased by 24% to CN¥12.43Down from CN¥16.25, the current price target is an average from 3 analysts. New target price is 25% above last closing price of CN¥9.94. Stock is down 33% over the past year. The company is forecast to post earnings per share of CN¥0.79 for next year compared to CN¥0.72 last year.
분석 기사 • Apr 20Jiangsu Changhai Composite Materials Co., Ltd (SZSE:300196) Analysts Just Cut Their EPS Forecasts SubstantiallyThe analysts covering Jiangsu Changhai Composite Materials Co., Ltd ( SZSE:300196 ) delivered a dose of negativity to...
공고 • Apr 19Jiangsu Changhai Composite Materials Co., Ltd, Annual General Meeting, May 10, 2024Jiangsu Changhai Composite Materials Co., Ltd, Annual General Meeting, May 10, 2024, at 14:00 China Standard Time. Location: The Company's Meeting Room, Changzhou, Jiangsu China
Reported Earnings • Apr 18Full year 2023 earnings: EPS and revenues miss analyst expectationsFull year 2023 results: EPS: CN¥0.72 (down from CN¥2.00 in FY 2022). Revenue: CN¥2.61b (down 14% from FY 2022). Net income: CN¥296.1m (down 64% from FY 2022). Profit margin: 11% (down from 27% in FY 2022). The decrease in margin was primarily driven by lower revenue. Revenue missed analyst estimates by 6.0%. Earnings per share (EPS) also missed analyst estimates by 28%. Revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Chemicals industry in China. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has fallen by 17% per year, which means it is significantly lagging earnings.
공고 • Mar 30Jiangsu Changhai Composite Materials Co., Ltd to Report Q1, 2024 Results on Apr 24, 2024Jiangsu Changhai Composite Materials Co., Ltd announced that they will report Q1, 2024 results on Apr 24, 2024
Valuation Update With 7 Day Price Move • Feb 02Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to CN¥8.61, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 13x in the Chemicals industry in China. Total loss to shareholders of 53% over the past three years.
공고 • Dec 30Jiangsu Changhai Composite Materials Co., Ltd to Report Fiscal Year 2023 Results on Apr 18, 2024Jiangsu Changhai Composite Materials Co., Ltd announced that they will report fiscal year 2023 results on Apr 18, 2024
Major Estimate Revision • Nov 01Consensus EPS estimates fall by 12%The consensus outlook for earnings per share (EPS) in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from CN¥2.91b to CN¥2.84b. EPS estimate also fell from CN¥1.38 per share to CN¥1.21 per share. Net income forecast to grow 30% next year vs 59% growth forecast for Chemicals industry in China. Consensus price target down from CN¥19.62 to CN¥17.25. Share price fell 3.0% to CN¥12.56 over the past week.
Reported Earnings • Oct 26Third quarter 2023 earnings released: EPS: CN¥0.18 (vs CN¥0.42 in 3Q 2022)Third quarter 2023 results: EPS: CN¥0.18 (down from CN¥0.42 in 3Q 2022). Revenue: CN¥680.7m (down 10% from 3Q 2022). Net income: CN¥77.4m (down 56% from 3Q 2022). Profit margin: 11% (down from 23% in 3Q 2022). The decrease in margin was primarily driven by lower revenue. Revenue is forecast to grow 23% 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 increased by 26% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.
공고 • Sep 30Jiangsu Changhai Composite Materials Co., Ltd to Report Q3, 2023 Results on Oct 26, 2023Jiangsu Changhai Composite Materials Co., Ltd announced that they will report Q3, 2023 results on Oct 26, 2023
Major Estimate Revision • Aug 24Consensus EPS estimates fall by 19%The consensus outlook for earnings per share (EPS) in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from CN¥3.20b to CN¥2.91b. EPS estimate also fell from CN¥1.69 per share to CN¥1.38 per share. Net income forecast to grow 9.7% next year vs 52% growth forecast for Chemicals industry in China. Consensus price target down from CN¥19.92 to CN¥18.49. Share price was steady at CN¥13.37 over the past week.
Price Target Changed • Aug 19Price target decreased by 7.2% to CN¥18.49Down from CN¥19.92, the current price target is an average from 3 analysts. New target price is 36% above last closing price of CN¥13.62. Stock is down 20% over the past year. The company is forecast to post earnings per share of CN¥1.44 for next year compared to CN¥2.00 last year.
공고 • Jul 01Jiangsu Changhai Composite Materials Co., Ltd to Report First Half, 2023 Results on Aug 18, 2023Jiangsu Changhai Composite Materials Co., Ltd announced that they will report first half, 2023 results on Aug 18, 2023
공고 • May 19Jiangsu Changhai Composite Materials Co., Ltd Announces 2022 Final Profit Distribution Plan to Be Implemented (A Shares), Payment Date of 24 May 2023Jiangsu Changhai Composite Materials Co. Ltd. announced 2022 final profit distribution plan to be implemented (A shares): Cash dividend/10 shares (tax included): CNY 2.00000000. Record date: 23 May 2023, Ex-date: 24 May 2023 and Payment date: 24 May 2023. 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: CNY0.20000000(10% x CNY2.00000000) Net cash dividend/10 shares after tax: CNY1.80000000(CNY2.00000000- CNY0.20000000).
Reported Earnings • Apr 12Full year 2022 earnings: EPS and revenues exceed analyst expectationsFull year 2022 results: EPS: CN¥2.00 (up from CN¥1.40 in FY 2021). Revenue: CN¥3.02b (up 20% from FY 2021). Net income: CN¥817.3m (up 43% from FY 2021). Profit margin: 27% (up from 23% in FY 2021). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.5%. Earnings per share (EPS) also surpassed analyst estimates by 3.3%. 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 increased by 44% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth.
Price Target Changed • Mar 18Price target decreased by 7.9% to CN¥20.50Down from CN¥22.27, the current price target is provided by 1 analyst. New target price is 31% above last closing price of CN¥15.69. Stock is up 3.1% over the past year. The company is forecast to post earnings per share of CN¥1.81 for next year compared to CN¥1.40 last year.
Reported Earnings • Oct 25Third quarter 2022 earnings released: EPS: CN¥0.42 (vs CN¥0.40 in 3Q 2021)Third quarter 2022 results: EPS: CN¥0.42 (up from CN¥0.40 in 3Q 2021). Revenue: CN¥759.3m (up 16% from 3Q 2021). Net income: CN¥174.2m (up 8.0% from 3Q 2021). Profit margin: 23% (down from 25% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 23% 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 41% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth.
Price Target Changed • Oct 22Price target increased to CN¥22.27Up from CN¥19.70, the current price target is an average from 2 analysts. New target price is 60% above last closing price of CN¥13.89. Stock is down 21% over the past year. The company is forecast to post earnings per share of CN¥1.73 for next year compared to CN¥1.40 last year.
Reported Earnings • Aug 18Second quarter 2022 earnings released: EPS: CN¥0.49 (vs CN¥0.37 in 2Q 2021)Second quarter 2022 results: EPS: CN¥0.49 (up from CN¥0.37 in 2Q 2021). Revenue: CN¥783.0m (up 25% from 2Q 2021). Net income: CN¥200.1m (up 30% from 2Q 2021). Profit margin: 26% (up from 25% in 2Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 30%, compared to a 41% growth forecast for the Chemicals industry in China. 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 24% per year, which means it is significantly lagging earnings growth.
Board Change • Jun 01High number of new directorsIndependent Director Xin Guo was the last director to join the board, commencing their role in 2022.
공고 • May 14+ 1 more updateJiangsu Changhai Composite Materials Co., Ltd Approves Cash Dividend for 2021Jiangsu Changhai Composite Materials Co. Ltd. announced that at its AGM held on 11 May 2022, the shareholders approved profit distribution for 2021 of cash dividend/10 shares (tax included): CNY 1.50000000.
Valuation Update With 7 Day Price Move • May 03Investor sentiment improved over the past weekAfter last week's 28% share price gain to CN¥16.70, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 14x in the Chemicals industry in China. Total returns to shareholders of 93% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥7.88 per share.
Price Target Changed • Apr 27Price target decreased to CN¥19.70Down from CN¥24.66, the current price target is an average from 4 analysts. New target price is 26% above last closing price of CN¥15.66. Stock is down 12% over the past year. The company is forecast to post earnings per share of CN¥1.71 for next year compared to CN¥1.40 last year.
공고 • Apr 24Jiangsu Changhai Composite Materials Co., Ltd, Annual General Meeting, May 11, 2022Jiangsu Changhai Composite Materials Co., Ltd, Annual General Meeting, May 11, 2022, at 10:00 China Standard Time. Agenda: To consider the 2021 annual report and its summary; to consider the 2021 work report of the board of directors; to consider the 2021 work report of the supervisory committee; to consider the 2021 annual accounts; to consider the 2021 profit distribution plan; to consider the reappointment of audit firm; to consider the 2022 application for comprehensive credit line to banks; to consider the shareholder return plan for the next three years from 2022 to 2024; to consider the amendments to the Company's articles of association; Amendments to the work rules for independent directors; to consider the amendments to the external guarantee decision-making system; to consider the election and nomination of non-independent directors; to consider the election and nomination of independent directors; to consider the election and nomination of non-employee supervisors; and to consider the other matters.
공고 • Apr 22Jiangsu Changhai Composite Materials Co., Ltd Proposes Dividend for 2021Jiangsu Changhai Composite Materials Co. Ltd. announced on 21 April 2022 the profit distribution proposal for 2021 as follows: Cash dividend/10 shares (tax included) of CNY 1.50000000.
Reported Earnings • Apr 21Full year 2021 earnings: EPS and revenues miss analyst expectationsFull year 2021 results: EPS: CN¥1.40 (up from CN¥0.66 in FY 2020). Revenue: CN¥2.51b (up 23% from FY 2020). Net income: CN¥572.4m (up 112% from FY 2020). Profit margin: 23% (up from 13% in FY 2020). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 10%. Earnings per share (EPS) also missed analyst estimates by 7.5%. Over the next year, revenue is forecast to grow 43%, compared to a 47% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Oct 28Third quarter 2021 earnings released: EPS CN¥0.40 (vs CN¥0.18 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: CN¥654.8m (up 15% from 3Q 2020). Net income: CN¥161.4m (up 123% from 3Q 2020). Profit margin: 25% (up from 13% in 3Q 2020). The increase in margin was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has increased by 31% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • Sep 24Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to CN¥17.94, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 22x in the Chemicals industry in China. Total returns to shareholders of 95% over the past three years.
Valuation Update With 7 Day Price Move • Sep 08Investor sentiment improved over the past weekAfter last week's 16% share price gain to CN¥22.84, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 21x in the Chemicals industry in China. Total returns to shareholders of 148% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥36.92 per share.
Price Target Changed • Aug 24Price target increased to CN¥25.93Up from CN¥21.50, the current price target is an average from 5 analysts. New target price is 24% above last closing price of CN¥20.88. Stock is up 36% over the past year.
Reported Earnings • Aug 22Second quarter 2021 earnings released: EPS CN¥0.37 (vs CN¥0.16 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CN¥624.3m (up 22% from 2Q 2020). Net income: CN¥153.5m (up 127% from 2Q 2020). Profit margin: 25% (up from 13% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has increased by 22% per year, which means it is tracking significantly ahead of earnings growth.
Reported Earnings • Apr 27First quarter 2021 earnings released: EPS CN¥0.26 (vs CN¥0.14 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: CN¥554.2m (up 40% from 1Q 2020). Net income: CN¥106.1m (up 89% from 1Q 2020). Profit margin: 19% (up from 14% 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 11% per year but the company’s share price has increased by 19% per year, which means it is tracking significantly ahead of earnings growth.
Major Estimate Revision • Apr 17Consensus forecasts updatedThe consensus outlook for 2021 has been updated. 2021 EPS estimate increased from CN¥1.01 to CN¥1.11. Revenue forecast steady at CN¥2.79b. Net income forecast to grow 68% next year vs 51% growth forecast for Chemicals industry in China. Consensus price target up from CN¥20.20 to CN¥21.50. Share price was steady at CN¥16.78 over the past week.
Reported Earnings • Apr 11Full year 2020 earnings released: EPS CN¥0.66 (vs CN¥0.71 in FY 2019)The company reported a poor full year result with weaker earnings and revenues, although profit margins were flat. Full year 2020 results: Revenue: CN¥2.04b (down 7.6% from FY 2019). Net income: CN¥270.7m (down 6.5% from FY 2019). Profit margin: 13% (in line with FY 2019). Over the last 3 years on average, earnings per share has increased by 12% per year whereas the company’s share price has increased by 14% per year.
공고 • Feb 24Jiangsu Changhai Composite Materials Co., Ltd to Report Fiscal Year 2020 Results on Apr 10, 2021Jiangsu Changhai Composite Materials Co., Ltd announced that they will report fiscal year 2020 results on Apr 10, 2021
Valuation Update With 7 Day Price Move • Jan 29Investor sentiment improved over the past weekAfter last week's 19% share price gain to CN¥19.88, the stock is trading at a trailing P/E ratio of 32.1x, up from the previous P/E ratio of 26.9x. This compares to an average P/E of 35x in the Chemicals industry in China. Total returns to shareholders over the past three years are 101%.
Is New 90 Day High Low • Jan 28New 90-day high: CN¥18.81The company is up 55% from its price of CN¥12.11 on 30 October 2020. The Chinese market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Chemicals industry, which is up 23% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥9.23 per share.
Is New 90 Day High Low • Jan 08New 90-day high: CN¥18.67The company is up 25% from its price of CN¥14.99 on 09 October 2020. The Chinese market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Chemicals industry, which is up 15% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥9.19 per share.
Is New 90 Day High Low • Dec 17New 90-day high: CN¥16.18The company is up 7.0% from its price of CN¥15.12 on 18 September 2020. The Chinese market is up 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Chemicals industry, which is up 5.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥9.24 per share.
Reported Earnings • Oct 28Third quarter earnings releasedOver the last 12 months the company has reported total profits of CN¥251.0m, down 17% from the prior year. Total revenue was CN¥2.02b over the last 12 months, down 11% from the prior year.
Is New 90 Day High Low • Oct 26New 90-day low: CN¥13.14The company is down 1.0% from its price of CN¥13.28 on 28 July 2020. The Chinese market is up 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 7.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥10.47 per share.
공고 • Oct 20Jiangsu Changhai Composite Materials Co., Ltd to Report Q3, 2020 Results on Oct 28, 2020Jiangsu Changhai Composite Materials Co., Ltd announced that they will report Q3, 2020 results on Oct 28, 2020
공고 • Jul 25Jiangsu Changhai Composite Materials Co., Ltd to Report First Half, 2020 Results on Aug 21, 2020Jiangsu Changhai Composite Materials Co., Ltd announced that they will report first half, 2020 results on Aug 21, 2020