View Financial HealthZhewen Interactive Group 배당 및 자사주 매입배당 기준 점검 0/6Zhewen Interactive Group 현재 배당금을 지급하지 않습니다.핵심 정보0%배당 수익률0.5%자사주 매입 수익률총 주주 수익률0.5%미래 배당 수익률0%배당 성장률6.5%다음 배당 지급일n/a배당락일n/a주당 배당금n/a배당 성향0%최근 배당 및 자사주 매입 업데이트업데이트 없음모든 업데이트 보기Recent updatesBoard Change • May 22Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Director Luo Chunhua was the last independent director to join the board, commencing their role in 2025. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.New Risk • May 01New major risk - Revenue and earnings growthEarnings have declined by 11% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 0% Paying a dividend despite having no free cash flows. Earnings have declined by 11% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (9.7% average weekly change).Reported Earnings • May 01First quarter 2026 earnings released: CN¥0.02 loss per share (vs CN¥0.07 profit in 1Q 2025)First quarter 2026 results: CN¥0.02 loss per share (down from CN¥0.07 profit in 1Q 2025). Revenue: CN¥1.76b (down 14% from 1Q 2025). Net loss: CN¥22.7m (down 121% from profit in 1Q 2025). Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings.Reported Earnings • Mar 31Full year 2025 earnings released: EPS: CN¥0.06 (vs CN¥0.11 in FY 2024)Full year 2025 results: EPS: CN¥0.06 (down from CN¥0.11 in FY 2024). Revenue: CN¥8.35b (up 8.4% from FY 2024). Net income: CN¥85.5m (down 46% from FY 2024). Profit margin: 1.0% (down from 2.0% in FY 2024). Over the last 3 years on average, earnings per share has increased by 16% per year whereas the company’s share price has increased by 14% per year.공시 • Mar 31Zhewen Interactive Group Co., Ltd., Annual General Meeting, Apr 21, 2026Zhewen Interactive Group Co., Ltd., Annual General Meeting, Apr 21, 2026, at 14:00 China Standard Time. Location: 17F, Zhejiang Culture Building, Gongshu District, Hangzhou, Zhejiang China공시 • Mar 30Zhewen Interactive Group Co., Ltd. to Report Q1, 2026 Results on Apr 30, 2026Zhewen Interactive Group Co., Ltd. announced that they will report Q1, 2026 results on Apr 30, 2026New Risk • Jan 12New 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 7.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Dividend is not well covered by earnings and cash flows. Payout ratio: 0% Paying a dividend despite having no free cash flows. Minor Risks Share price has been volatile over the past 3 months (7.5% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.6% net profit margin).공시 • Dec 26Zhewen Interactive Group Co., Ltd. to Report Fiscal Year 2025 Results on Mar 31, 2026Zhewen Interactive Group Co., Ltd. announced that they will report fiscal year 2025 results on Mar 31, 2026Reported Earnings • Oct 31Third quarter 2025 earnings released: EPS: CN¥0.01 (vs CN¥0.08 in 3Q 2024)Third quarter 2025 results: EPS: CN¥0.01 (down from CN¥0.08 in 3Q 2024). Revenue: CN¥1.89b (up 4.3% from 3Q 2024). Net income: CN¥14.9m (down 84% from 3Q 2024). Profit margin: 0.8% (down from 5.3% in 3Q 2024). Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 8.0% growth forecast for the Media industry in China. Over the last 3 years on average, earnings per share has increased by 16% per year whereas the company’s share price has increased by 21% per year.공시 • Sep 30Zhewen Interactive Group Co., Ltd. to Report Q3, 2025 Results on Oct 31, 2025Zhewen Interactive Group Co., Ltd. announced that they will report Q3, 2025 results on Oct 31, 2025Valuation Update With 7 Day Price Move • Sep 04Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to CN¥8.34, the stock trades at a forward P/E ratio of 45x. Average forward P/E is 29x in the Media industry in China. Total returns to shareholders of 60% over the past three years.공시 • Jun 30Zhewen Interactive Group Co., Ltd. to Report First Half, 2025 Results on Aug 30, 2025Zhewen Interactive Group Co., Ltd. announced that they will report first half, 2025 results on Aug 30, 2025Valuation Update With 7 Day Price Move • May 06Investor sentiment improves as stock rises 15%After last week's 15% share price gain to CN¥8.40, the stock trades at a forward P/E ratio of 45x. Average forward P/E is 18x in the Media industry in China. Total returns to shareholders of 73% over the past three years.Reported Earnings • Apr 16Full year 2024 earnings: EPS and revenues miss analyst expectationsFull year 2024 results: EPS: CN¥0.11 (down from CN¥0.14 in FY 2023). Revenue: CN¥7.70b (down 29% from FY 2023). Net income: CN¥157.8m (down 18% from FY 2023). Profit margin: 2.0% (up from 1.8% in FY 2023). Revenue missed analyst estimates by 1.3%. Earnings per share (EPS) also missed analyst estimates by 15%. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 9.0% growth forecast for the Media industry in China. Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings.공시 • Apr 14Zhewen Interactive Group Co., Ltd., Annual General Meeting, May 07, 2025Zhewen Interactive Group Co., Ltd., Annual General Meeting, May 07, 2025, at 14:00 China Standard Time. Location: Building F1, Phase II, No. 8, Gaojing Cultural Park Road, Gaobeidian Township, Chaoyang District, Beijing China공시 • Mar 28Zhewen Interactive Group Co., Ltd. to Report Q1, 2025 Results on Apr 30, 2025Zhewen Interactive Group Co., Ltd. announced that they will report Q1, 2025 results on Apr 30, 2025Valuation Update With 7 Day Price Move • Mar 28Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to CN¥8.71, the stock trades at a forward P/E ratio of 57x. Average forward P/E is 23x in the Media industry in China. Total returns to shareholders of 27% over the past three years.Valuation Update With 7 Day Price Move • Mar 07Investor sentiment improves as stock rises 15%After last week's 15% share price gain to CN¥9.79, the stock trades at a forward P/E ratio of 64x. Average forward P/E is 27x in the Media industry in China. Total returns to shareholders of 71% over the past three years.분석 기사 • Feb 24Should You Think About Buying Zhewen Interactive Group Co., Ltd. (SHSE:600986) Now?Zhewen Interactive Group Co., Ltd. ( SHSE:600986 ), might not be a large cap stock, but it saw a significant share...New Risk • Feb 14New 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 11% 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 (11% average weekly change). 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.Valuation Update With 7 Day Price Move • Feb 10Investor sentiment improves as stock rises 24%After last week's 24% share price gain to CN¥8.13, the stock trades at a forward P/E ratio of 53x. Average forward P/E is 25x in the Media industry in China. Total returns to shareholders of 23% over the past three years.분석 기사 • Feb 07Is Zhewen Interactive Group (SHSE:600986) A Risky Investment?Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it might be obvious that you need to...분석 기사 • Jan 13Some Zhewen Interactive Group Co., Ltd. (SHSE:600986) Shareholders Look For Exit As Shares Take 30% PoundingThe Zhewen Interactive Group Co., Ltd. ( SHSE:600986 ) share price has softened a substantial 30% over the previous 30...New Risk • Jan 10New 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 9.3% 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 Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (9.3% average weekly change). Large one-off items impacting financial results.분석 기사 • Jan 09Capital Allocation Trends At Zhewen Interactive Group (SHSE:600986) Aren't IdealWhat underlying fundamental trends can indicate that a company might be in decline? A business that's potentially in...공시 • Dec 27Zhewen Interactive Group Co., Ltd. to Report Fiscal Year 2024 Results on Mar 31, 2025Zhewen Interactive Group Co., Ltd. announced that they will report fiscal year 2024 results on Mar 31, 2025Valuation Update With 7 Day Price Move • Dec 23Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to CN¥6.59, the stock trades at a forward P/E ratio of 39x. Average forward P/E is 29x in the Media industry in China. Total returns to shareholders of 11% over the past three years.Valuation Update With 7 Day Price Move • Dec 03Investor sentiment improves as stock rises 19%After last week's 19% share price gain to CN¥6.98, the stock trades at a trailing P/E ratio of 43.8x. Average trailing P/E is 53x in the Media industry in China. Total returns to shareholders of 54% over the past three years.분석 기사 • Nov 15Optimistic Investors Push Zhewen Interactive Group Co., Ltd. (SHSE:600986) Shares Up 26% But Growth Is LackingDespite an already strong run, Zhewen Interactive Group Co., Ltd. ( SHSE:600986 ) shares have been powering on, with a...분석 기사 • Nov 06Zhewen Interactive Group (SHSE:600986) Strong Profits May Be Masking Some Underlying IssuesZhewen Interactive Group Co., Ltd.'s ( SHSE:600986 ) robust recent earnings didn't do much to move the stock. We...Valuation Update With 7 Day Price Move • Nov 06Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CN¥6.02, the stock trades at a forward P/E ratio of 36x. Average forward P/E is 23x in the Media industry in China. Total returns to shareholders of 27% over the past three years.Reported Earnings • Oct 31Third quarter 2024 earnings released: EPS: CN¥0.08 (vs CN¥0.045 in 3Q 2023)Third quarter 2024 results: EPS: CN¥0.08 (up from CN¥0.045 in 3Q 2023). Revenue: CN¥1.81b (down 28% from 3Q 2023). Net income: CN¥95.4m (up 120% from 3Q 2023). Profit margin: 5.3% (up from 1.7% in 3Q 2023). Revenue is forecast to grow 22% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Media industry in China. Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings.공시 • Sep 30Zhewen Interactive Group Co., Ltd. to Report Q3, 2024 Results on Oct 31, 2024Zhewen Interactive Group Co., Ltd. announced that they will report Q3, 2024 results on Oct 31, 2024Valuation Update With 7 Day Price Move • Sep 30Investor sentiment improves as stock rises 23%After last week's 23% share price gain to CN¥5.12, the stock trades at a forward P/E ratio of 32x. Average forward P/E is 17x in the Media industry in China. Total returns to shareholders of 20% over the past three years.분석 기사 • Sep 26Zhewen Interactive Group Co., Ltd.'s (SHSE:600986) Popularity With Investors Is Under Threat From OverpricingWith a price-to-earnings (or "P/E") ratio of 35.1x Zhewen Interactive Group Co., Ltd. ( SHSE:600986 ) may be sending...Reported Earnings • Aug 31Second quarter 2024 earnings released: EPS: CN¥0.02 (vs CN¥0.021 in 2Q 2023)Second quarter 2024 results: EPS: CN¥0.02. Revenue: CN¥1.75b (down 40% from 2Q 2023). Net income: CN¥36.8m (up 12% from 2Q 2023). Profit margin: 2.1% (up from 1.1% in 2Q 2023). Revenue is forecast to grow 19% p.a. on average during the next 3 years, compared to a 8.9% growth forecast for the Media industry in China.분석 기사 • Aug 27At CN¥3.94, Is It Time To Put Zhewen Interactive Group Co., Ltd. (SHSE:600986) On Your Watch List?Zhewen Interactive Group Co., Ltd. ( SHSE:600986 ), is not the largest company out there, but it received a lot of...분석 기사 • Aug 01Is Zhewen Interactive Group (SHSE:600986) A Risky Investment?David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...공시 • Jun 28Zhewen Interactive Group Co., Ltd. to Report First Half, 2024 Results on Aug 31, 2024Zhewen Interactive Group Co., Ltd. announced that they will report first half, 2024 results on Aug 31, 2024분석 기사 • Jun 25Zhewen Interactive Group Co., Ltd.'s (SHSE:600986) Price Is Out Of Tune With EarningsWith a price-to-earnings (or "P/E") ratio of 33.5x Zhewen Interactive Group Co., Ltd. ( SHSE:600986 ) may be sending...Board Change • Jun 08Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Xiaogang Jin was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.분석 기사 • Apr 26Zhewen Interactive Group's (SHSE:600986) Earnings Might Not Be As Promising As They SeemSolid profit numbers didn't seem to be enough to please Zhewen Interactive Group Co., Ltd.'s ( SHSE:600986...공시 • Apr 21Zhewen Interactive Group Co., Ltd., Annual General Meeting, May 10, 2024Zhewen Interactive Group Co., Ltd., Annual General Meeting, May 10, 2024, at 14:00 China Standard Time.Reported Earnings • Apr 20Full year 2023 earnings: EPS and revenues miss analyst expectationsFull year 2023 results: EPS: CN¥0.14 (up from CN¥0.06 in FY 2022). Revenue: CN¥10.8b (down 27% from FY 2022). Net income: CN¥192.2m (up 138% from FY 2022). Profit margin: 1.8% (up from 0.5% in FY 2022). Revenue missed analyst estimates by 23%. Earnings per share (EPS) also missed analyst estimates by 20%. Revenue is forecast to grow 18% p.a. on average during the next 2 years, compared to a 13% growth forecast for the Media industry in China. Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings.공시 • Mar 29Zhewen Interactive Group Co., Ltd. to Report Q1, 2024 Results on Apr 30, 2024Zhewen Interactive Group Co., Ltd. announced that they will report Q1, 2024 results on Apr 30, 2024분석 기사 • Mar 21Zhewen Interactive Group Co., Ltd. (SHSE:600986) Soars 25% But It's A Story Of Risk Vs RewardZhewen Interactive Group Co., Ltd. ( SHSE:600986 ) shareholders are no doubt pleased to see that the share price has...분석 기사 • Mar 18Zhewen Interactive Group (SHSE:600986) Will Be Hoping To Turn Its Returns On Capital AroundWhat financial metrics can indicate to us that a company is maturing or even in decline? Typically, we'll see the trend...New Risk • Feb 22New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 13% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks Profit margins are more than 30% lower than last year (0.6% net profit margin). Shareholders have been diluted in the past year (13% increase in shares outstanding).New Risk • Jan 22New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 6.1% 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 Share price has been volatile over the past 3 months (6.1% average weekly change). Profit margins are more than 30% lower than last year (0.6% net profit margin). Shareholders have been diluted in the past year (13% increase in shares outstanding).공시 • Dec 29Zhewen Interactive Group Co., Ltd. to Report Fiscal Year 2023 Results on Apr 30, 2024Zhewen Interactive Group Co., Ltd. announced that they will report fiscal year 2023 results on Apr 30, 2024New Risk • Nov 06New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 13% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks Profit margins are more than 30% lower than last year (0.6% net profit margin). Shareholders have been diluted in the past year (13% increase in shares outstanding).Reported Earnings • Nov 02Third quarter 2023 earnings released: EPS: CN¥0.045 (vs CN¥0.038 in 3Q 2022)Third quarter 2023 results: EPS: CN¥0.045. Revenue: CN¥2.52b (down 31% from 3Q 2022). Net income: CN¥43.4m (down 29% from 3Q 2022). Profit margin: 1.7% (in line with 3Q 2022). Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Media industry in China.Reported Earnings • Aug 31Second quarter 2023 earnings released: EPS: CN¥0.021 (vs CN¥0.021 in 2Q 2022)Second quarter 2023 results: EPS: CN¥0.021 (in line with 2Q 2022). Revenue: CN¥2.93b (down 20% from 2Q 2022). Net income: CN¥32.8m (up 14% from 2Q 2022). Profit margin: 1.1% (up from 0.8% in 2Q 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 8.2% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Media industry in China. Over the last 3 years on average, earnings per share has increased by 120% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.Reported Earnings • Apr 26First quarter 2023 earnings released: EPS: CN¥0.03 (vs CN¥0.03 in 1Q 2022)First quarter 2023 results: EPS: CN¥0.03 (in line with 1Q 2022). Revenue: CN¥2.80b (down 32% from 1Q 2022). Net income: CN¥38.4m (up 8.4% from 1Q 2022). Profit margin: 1.4% (up from 0.9% in 1Q 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 122% per year but the company’s share price has only increased by 24% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Mar 22Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CN¥6.70, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 20x in the Media industry in China. Total returns to shareholders of 76% over the past three years.Board Change • Nov 16Less than half of directors are independentThere are 8 new directors who have joined the board in the last 3 years. Of these new board members, 3 were independent directors. The company's board is composed of: 8 new directors. No experienced directors. 1 highly experienced director. 3 independent directors (4 non-independent directors). Deputy GM, Financial Director, CFO & Director Qiao Lan Wang is the most experienced director on the board, commencing their role in 2012. Independent Director Jianwen Liao was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors.Reported Earnings • Oct 30Third quarter 2022 earnings released: EPS: CN¥0.038 (vs CN¥0.06 in 3Q 2021)Third quarter 2022 results: EPS: CN¥0.038 (down from CN¥0.06 in 3Q 2021). Revenue: CN¥3.63b (down 9.3% from 3Q 2021). Net income: CN¥61.1m (down 21% from 3Q 2021). Profit margin: 1.7% (down from 1.9% in 3Q 2021). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 7.6% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Media industry in China. Over the last 3 years on average, earnings per share has increased by 98% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.Valuation Update With 7 Day Price Move • Aug 17Investor sentiment improved over the past weekAfter last week's 16% share price gain to CN¥6.25, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 16x in the Media industry in China. Total returns to shareholders of 68% over the past three years.Reported Earnings • Aug 07Second quarter 2022 earnings released: EPS: CN¥0.021 (vs CN¥0.058 in 2Q 2021)Second quarter 2022 results: EPS: CN¥0.021 (down from CN¥0.058 in 2Q 2021). Revenue: CN¥3.66b (down 7.8% from 2Q 2021). Net income: CN¥28.9m (down 66% from 2Q 2021). Profit margin: 0.8% (down from 2.2% in 2Q 2021). The decrease in margin was driven by lower revenue. Over the next year, revenue is forecast to grow 8.4%, compared to a 10% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has increased by 75% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Jun 10Investor sentiment improved over the past weekAfter last week's 17% share price gain to CN¥6.04, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 16x in the Media industry in China. Total returns to shareholders of 47% over the past three years.Reported Earnings • May 02First quarter 2022 earnings: EPS in line with expectations, revenues disappointFirst quarter 2022 results: EPS: CN¥0.03 (down from CN¥0.04 in 1Q 2021). Revenue: CN¥4.08b (up 45% from 1Q 2021). Net income: CN¥35.4m (down 26% from 1Q 2021). Profit margin: 0.9% (down from 1.7% in 1Q 2021). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 1.0%. Earnings per share (EPS) were mostly in line with analyst estimates. Over the next year, revenue is forecast to grow 4.3%, compared to a 10% growth forecast for the industry in China. 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 4% per year, which means it is significantly lagging earnings growth.Board Change • Apr 27High number of new and inexperienced directorsThere are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. No experienced directors. 2 highly experienced directors. CFO & Director Qiao Lan Wang is the most experienced director on the board, commencing their role in 2012. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.Valuation Update With 7 Day Price Move • Apr 13Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to CN¥5.79, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 15x in the Media industry in China. Total loss to shareholders of 3.9% over the past three years.Reported Earnings • Apr 03Full year 2021 earnings: EPS in line with expectations, revenues disappointFull year 2021 results: EPS: CN¥0.22 (up from CN¥0.07 in FY 2020). Revenue: CN¥14.3b (up 54% from FY 2020). Net income: CN¥294.4m (up 212% from FY 2020). Profit margin: 2.1% (up from 1.0% in FY 2020). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 1.0%. Earnings per share (EPS) were mostly in line with analyst estimates. Over the next year, revenue is forecast to grow 16%, compared to a 18% 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 only increased by 4% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Mar 22Investor sentiment improved over the past weekAfter last week's 19% share price gain to CN¥6.38, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 15x in the Media industry in China. Total returns to shareholders of 13% over the past three years.Valuation Update With 7 Day Price Move • Jan 24Investor sentiment deteriorated over the past weekAfter last week's 23% share price decline to CN¥6.90, the stock trades at a trailing P/E ratio of 44.8x. Average trailing P/E is 34x in the Media industry in China. Total returns to shareholders of 68% over the past three years.공시 • Dec 30Zhewen Interactive Group Co., Ltd. announced that it expects to receive CNY 800 million in funding from Hangzhou Bowen Equity Investment Co., Ltd.Zhewen Interactive Group Co., Ltd. announced a private placement of not more than CNY 800,000,000 on December 29, 2021. The transaction will include participation from Hangzhou Bowen Equity Investment Co., Ltd. The offering price is CNY 4.85 per share, which is not less than 80% of the average price of the company’s stock trading on the 20 trading days before the pricing base date. The company will not issue more than 164,948,453 shares, accounting for no more than 12.47% of the company's total share capital before the non-public issuance, and no more than 30% of the company's total share capital before the non-public issuance. The shares subscribed by investor shall not be transferred within 18 months from the date of the end of the offering. The transaction has been deliberated and approved at the first meeting of the company's tenth board of directors, is subject to approval of competent state-owned assets authorities, company's shareholders meeting, and China Securities Regulatory Commission.Valuation Update With 7 Day Price Move • Dec 30Investor sentiment improved over the past weekAfter last week's 16% share price gain to CN¥7.66, the stock trades at a trailing P/E ratio of 49.7x. Average trailing P/E is 31x in the Media industry in China. Total returns to shareholders of 85% over the past three years.Valuation Update With 7 Day Price Move • Dec 13Investor sentiment improved over the past weekAfter last week's 18% share price gain to CN¥5.36, the stock trades at a trailing P/E ratio of 34.8x. Average trailing P/E is 28x in the Media industry in China. Total returns to shareholders of 21% over the past three years.Valuation Update With 7 Day Price Move • Dec 13Investor sentiment improved over the past weekAfter last week's 18% share price gain to CN¥5.36, the stock trades at a trailing P/E ratio of 34.8x. Average trailing P/E is 28x in the Media industry in China. Total returns to shareholders of 21% over the past three years.Reported Earnings • Oct 31Third quarter 2021 earnings released: EPS CN¥0.06 (vs CN¥0.04 in 3Q 2020)The company reported a solid third quarter result with improved earnings and revenues, although profit margins were weaker. Third quarter 2021 results: Revenue: CN¥4.00b (up 70% from 3Q 2020). Net income: CN¥77.1m (up 66% from 3Q 2020). Profit margin: 1.9% (down from 2.0% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings.Reported Earnings • Aug 12Second quarter 2021 earnings released: EPS CN¥0.058 (vs CN¥0.035 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CN¥3.97b (up 74% from 2Q 2020). Net income: CN¥85.5m (up 120% from 2Q 2020). Profit margin: 2.2% (up from 1.7% in 2Q 2020). The increase in margin was driven by higher revenue. 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 10% per year, which means it has not declined as severely as earnings.Reported Earnings • Apr 29First quarter 2021 earnings released: EPS CN¥0.04 (vs CN¥0.01 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: CN¥2.81b (up 25% from 1Q 2020). Net income: CN¥47.8m (up 185% from 1Q 2020). Profit margin: 1.7% (up from 0.7% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 60 percentage points per year, which is a significant difference in performance.Reported Earnings • Apr 01Full year 2020 earnings released: EPS CN¥0.07 (vs CN¥1.89 loss in FY 2019)The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: CN¥9.26b (down 51% from FY 2019). Net income: CN¥94.4m (up CN¥2.60b from FY 2019). Profit margin: 1.0% (up from net loss in FY 2019). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 81 percentage points per year, which is a significant difference in performance.공시 • Mar 09Zhewen Interactive Group Co., Ltd. to Report Fiscal Year 2020 Results on Mar 31, 2021Zhewen Interactive Group Co., Ltd. announced that they will report fiscal year 2020 results on Mar 31, 2021공시 • Jan 28Zhewen Interactive Group Co., Ltd.(XSSC:600986) dropped from S&P Global BMI IndexKeda Group Co., Ltd.(XSSC:600986) dropped from S&P Global BMI IndexIs New 90 Day High Low • Jan 25New 90-day low: CN¥4.05The company is down 21% from its price of CN¥5.10 on 27 October 2020. The Chinese market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Media industry, which is down 11% over the same period.Is New 90 Day High Low • Dec 16New 90-day low: CN¥4.39The company is down 13% from its price of CN¥5.04 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 Media industry, which is down 5.0% over the same period.Is New 90 Day High Low • Nov 25New 90-day low: CN¥4.79The company is down 5.0% from its price of CN¥5.06 on 27 August 2020. The Chinese market is up 1.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Media industry, which is down 6.0% over the same period.Reported Earnings • Oct 30Third quarter earnings releasedOver the last 12 months the company has reported total losses of CN¥2.53b, with losses widening by CN¥2.44b from the prior year. Total revenue was CN¥11.6b over the last 12 months, down 35% from the prior year.공시 • Oct 27Keda Group Co., Ltd. to Report Q3, 2020 Results on Oct 30, 2020Keda Group Co., Ltd. announced that they will report Q3, 2020 results on Oct 30, 2020공시 • Sep 22Keda Group Co., Ltd. announced that it expects to receive CNY 1.499999999 billion in funding from Hangzhou Zhewen Hulian Enterprise Management Partnership Enterprise (Limited Partnership)Keda Group Co., Ltd. (SHSE:600986) announced that it has entered into an share subscription agreement with new investor Hangzhou Zhewen Hulian Enterprise Management Partnership Enterprise (Limited Partnership) for private placement of 373,134,328 shares at CNY 4.02 per share for gross proceeds of not more than CNY 1,499,999,999 on September 20, 2020. The investor will acquire 20.65% stake in the company. The registered capital of the company will increase to 1,697,686,689 shares. The transaction has been approved at the 9th extraordinary directorate meeting and at the 9th extraordinary supervisory board meeting of the company and approved at the management committee meeting of the investor. The transaction is subject to approval from the shareholders of the company and from China Securities Regulatory Commission. All the shares issued in the transaction cannot be transferred within 18 months from the issuance closing date.지급의 안정성과 성장배당 데이터 가져오는 중안정적인 배당: 과거에 600986 의 주당 배당금이 안정적이었는지 판단하기에는 데이터가 부족합니다.배당금 증가: 600986 의 배당금 지급이 증가했는지 판단하기에는 데이터가 부족합니다.배당 수익률 vs 시장Zhewen Interactive Group 배당 수익률 vs 시장600986의 배당 수익률은 시장과 어떻게 비교되나요?구분배당 수익률회사 (600986)0%시장 하위 25% (CN)0.4%시장 상위 25% (CN)2.2%업계 평균 (Media)2.4%분석가 예측 (600986) (최대 3년)0%주목할만한 배당금: 회사가 최근 지급을 보고하지 않았기 때문에 하위 25%의 배당금 지급자에 대해 600986 의 배당 수익률을 평가할 수 없습니다.고배당: 회사가 최근 지급을 보고하지 않았기 때문에 배당금 지급자의 상위 25%에 대해 600986 의 배당 수익률을 평가할 수 없습니다.주주 대상 이익 배당수익 보장: 600986 CN 시장에서 주목할만한 배당금을 지급하지 않습니다.주주 현금 배당현금 흐름 범위: 600986 에서 지급을 보고하지 않았기 때문에 배당 지속 가능성을 계산할 수 없습니다.높은 배당을 제공하는 우량 기업 찾기7D1Y7D1Y7D1YCN 시장에서 배당이 강한 기업.View Management기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/06/26 13:03종가2026/06/26 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 세부 정보는 당사의 Github 페이지에서 확인하실 수 있으며, 보고서 활용 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 소스Zhewen Interactive Group Co., Ltd.는 3명의 분석가가 다루고 있습니다. 이 중 0명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Yue ZhengChina Galaxy Securities Co., Ltd.Heng ZhangGuosen Securities Co., Ltd.Hao WenTianfeng Securities Brokerage Co., Ltd
Board Change • May 22Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Director Luo Chunhua was the last independent director to join the board, commencing their role in 2025. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
New Risk • May 01New major risk - Revenue and earnings growthEarnings have declined by 11% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 0% Paying a dividend despite having no free cash flows. Earnings have declined by 11% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (9.7% average weekly change).
Reported Earnings • May 01First quarter 2026 earnings released: CN¥0.02 loss per share (vs CN¥0.07 profit in 1Q 2025)First quarter 2026 results: CN¥0.02 loss per share (down from CN¥0.07 profit in 1Q 2025). Revenue: CN¥1.76b (down 14% from 1Q 2025). Net loss: CN¥22.7m (down 121% from profit in 1Q 2025). Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings.
Reported Earnings • Mar 31Full year 2025 earnings released: EPS: CN¥0.06 (vs CN¥0.11 in FY 2024)Full year 2025 results: EPS: CN¥0.06 (down from CN¥0.11 in FY 2024). Revenue: CN¥8.35b (up 8.4% from FY 2024). Net income: CN¥85.5m (down 46% from FY 2024). Profit margin: 1.0% (down from 2.0% in FY 2024). Over the last 3 years on average, earnings per share has increased by 16% per year whereas the company’s share price has increased by 14% per year.
공시 • Mar 31Zhewen Interactive Group Co., Ltd., Annual General Meeting, Apr 21, 2026Zhewen Interactive Group Co., Ltd., Annual General Meeting, Apr 21, 2026, at 14:00 China Standard Time. Location: 17F, Zhejiang Culture Building, Gongshu District, Hangzhou, Zhejiang China
공시 • Mar 30Zhewen Interactive Group Co., Ltd. to Report Q1, 2026 Results on Apr 30, 2026Zhewen Interactive Group Co., Ltd. announced that they will report Q1, 2026 results on Apr 30, 2026
New Risk • Jan 12New 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 7.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Dividend is not well covered by earnings and cash flows. Payout ratio: 0% Paying a dividend despite having no free cash flows. Minor Risks Share price has been volatile over the past 3 months (7.5% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.6% net profit margin).
공시 • Dec 26Zhewen Interactive Group Co., Ltd. to Report Fiscal Year 2025 Results on Mar 31, 2026Zhewen Interactive Group Co., Ltd. announced that they will report fiscal year 2025 results on Mar 31, 2026
Reported Earnings • Oct 31Third quarter 2025 earnings released: EPS: CN¥0.01 (vs CN¥0.08 in 3Q 2024)Third quarter 2025 results: EPS: CN¥0.01 (down from CN¥0.08 in 3Q 2024). Revenue: CN¥1.89b (up 4.3% from 3Q 2024). Net income: CN¥14.9m (down 84% from 3Q 2024). Profit margin: 0.8% (down from 5.3% in 3Q 2024). Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 8.0% growth forecast for the Media industry in China. Over the last 3 years on average, earnings per share has increased by 16% per year whereas the company’s share price has increased by 21% per year.
공시 • Sep 30Zhewen Interactive Group Co., Ltd. to Report Q3, 2025 Results on Oct 31, 2025Zhewen Interactive Group Co., Ltd. announced that they will report Q3, 2025 results on Oct 31, 2025
Valuation Update With 7 Day Price Move • Sep 04Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to CN¥8.34, the stock trades at a forward P/E ratio of 45x. Average forward P/E is 29x in the Media industry in China. Total returns to shareholders of 60% over the past three years.
공시 • Jun 30Zhewen Interactive Group Co., Ltd. to Report First Half, 2025 Results on Aug 30, 2025Zhewen Interactive Group Co., Ltd. announced that they will report first half, 2025 results on Aug 30, 2025
Valuation Update With 7 Day Price Move • May 06Investor sentiment improves as stock rises 15%After last week's 15% share price gain to CN¥8.40, the stock trades at a forward P/E ratio of 45x. Average forward P/E is 18x in the Media industry in China. Total returns to shareholders of 73% over the past three years.
Reported Earnings • Apr 16Full year 2024 earnings: EPS and revenues miss analyst expectationsFull year 2024 results: EPS: CN¥0.11 (down from CN¥0.14 in FY 2023). Revenue: CN¥7.70b (down 29% from FY 2023). Net income: CN¥157.8m (down 18% from FY 2023). Profit margin: 2.0% (up from 1.8% in FY 2023). Revenue missed analyst estimates by 1.3%. Earnings per share (EPS) also missed analyst estimates by 15%. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 9.0% growth forecast for the Media industry in China. Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings.
공시 • Apr 14Zhewen Interactive Group Co., Ltd., Annual General Meeting, May 07, 2025Zhewen Interactive Group Co., Ltd., Annual General Meeting, May 07, 2025, at 14:00 China Standard Time. Location: Building F1, Phase II, No. 8, Gaojing Cultural Park Road, Gaobeidian Township, Chaoyang District, Beijing China
공시 • Mar 28Zhewen Interactive Group Co., Ltd. to Report Q1, 2025 Results on Apr 30, 2025Zhewen Interactive Group Co., Ltd. announced that they will report Q1, 2025 results on Apr 30, 2025
Valuation Update With 7 Day Price Move • Mar 28Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to CN¥8.71, the stock trades at a forward P/E ratio of 57x. Average forward P/E is 23x in the Media industry in China. Total returns to shareholders of 27% over the past three years.
Valuation Update With 7 Day Price Move • Mar 07Investor sentiment improves as stock rises 15%After last week's 15% share price gain to CN¥9.79, the stock trades at a forward P/E ratio of 64x. Average forward P/E is 27x in the Media industry in China. Total returns to shareholders of 71% over the past three years.
분석 기사 • Feb 24Should You Think About Buying Zhewen Interactive Group Co., Ltd. (SHSE:600986) Now?Zhewen Interactive Group Co., Ltd. ( SHSE:600986 ), might not be a large cap stock, but it saw a significant share...
New Risk • Feb 14New 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 11% 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 (11% average weekly change). 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.
Valuation Update With 7 Day Price Move • Feb 10Investor sentiment improves as stock rises 24%After last week's 24% share price gain to CN¥8.13, the stock trades at a forward P/E ratio of 53x. Average forward P/E is 25x in the Media industry in China. Total returns to shareholders of 23% over the past three years.
분석 기사 • Feb 07Is Zhewen Interactive Group (SHSE:600986) A Risky Investment?Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it might be obvious that you need to...
분석 기사 • Jan 13Some Zhewen Interactive Group Co., Ltd. (SHSE:600986) Shareholders Look For Exit As Shares Take 30% PoundingThe Zhewen Interactive Group Co., Ltd. ( SHSE:600986 ) share price has softened a substantial 30% over the previous 30...
New Risk • Jan 10New 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 9.3% 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 Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (9.3% average weekly change). Large one-off items impacting financial results.
분석 기사 • Jan 09Capital Allocation Trends At Zhewen Interactive Group (SHSE:600986) Aren't IdealWhat underlying fundamental trends can indicate that a company might be in decline? A business that's potentially in...
공시 • Dec 27Zhewen Interactive Group Co., Ltd. to Report Fiscal Year 2024 Results on Mar 31, 2025Zhewen Interactive Group Co., Ltd. announced that they will report fiscal year 2024 results on Mar 31, 2025
Valuation Update With 7 Day Price Move • Dec 23Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to CN¥6.59, the stock trades at a forward P/E ratio of 39x. Average forward P/E is 29x in the Media industry in China. Total returns to shareholders of 11% over the past three years.
Valuation Update With 7 Day Price Move • Dec 03Investor sentiment improves as stock rises 19%After last week's 19% share price gain to CN¥6.98, the stock trades at a trailing P/E ratio of 43.8x. Average trailing P/E is 53x in the Media industry in China. Total returns to shareholders of 54% over the past three years.
분석 기사 • Nov 15Optimistic Investors Push Zhewen Interactive Group Co., Ltd. (SHSE:600986) Shares Up 26% But Growth Is LackingDespite an already strong run, Zhewen Interactive Group Co., Ltd. ( SHSE:600986 ) shares have been powering on, with a...
분석 기사 • Nov 06Zhewen Interactive Group (SHSE:600986) Strong Profits May Be Masking Some Underlying IssuesZhewen Interactive Group Co., Ltd.'s ( SHSE:600986 ) robust recent earnings didn't do much to move the stock. We...
Valuation Update With 7 Day Price Move • Nov 06Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CN¥6.02, the stock trades at a forward P/E ratio of 36x. Average forward P/E is 23x in the Media industry in China. Total returns to shareholders of 27% over the past three years.
Reported Earnings • Oct 31Third quarter 2024 earnings released: EPS: CN¥0.08 (vs CN¥0.045 in 3Q 2023)Third quarter 2024 results: EPS: CN¥0.08 (up from CN¥0.045 in 3Q 2023). Revenue: CN¥1.81b (down 28% from 3Q 2023). Net income: CN¥95.4m (up 120% from 3Q 2023). Profit margin: 5.3% (up from 1.7% in 3Q 2023). Revenue is forecast to grow 22% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Media industry in China. Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings.
공시 • Sep 30Zhewen Interactive Group Co., Ltd. to Report Q3, 2024 Results on Oct 31, 2024Zhewen Interactive Group Co., Ltd. announced that they will report Q3, 2024 results on Oct 31, 2024
Valuation Update With 7 Day Price Move • Sep 30Investor sentiment improves as stock rises 23%After last week's 23% share price gain to CN¥5.12, the stock trades at a forward P/E ratio of 32x. Average forward P/E is 17x in the Media industry in China. Total returns to shareholders of 20% over the past three years.
분석 기사 • Sep 26Zhewen Interactive Group Co., Ltd.'s (SHSE:600986) Popularity With Investors Is Under Threat From OverpricingWith a price-to-earnings (or "P/E") ratio of 35.1x Zhewen Interactive Group Co., Ltd. ( SHSE:600986 ) may be sending...
Reported Earnings • Aug 31Second quarter 2024 earnings released: EPS: CN¥0.02 (vs CN¥0.021 in 2Q 2023)Second quarter 2024 results: EPS: CN¥0.02. Revenue: CN¥1.75b (down 40% from 2Q 2023). Net income: CN¥36.8m (up 12% from 2Q 2023). Profit margin: 2.1% (up from 1.1% in 2Q 2023). Revenue is forecast to grow 19% p.a. on average during the next 3 years, compared to a 8.9% growth forecast for the Media industry in China.
분석 기사 • Aug 27At CN¥3.94, Is It Time To Put Zhewen Interactive Group Co., Ltd. (SHSE:600986) On Your Watch List?Zhewen Interactive Group Co., Ltd. ( SHSE:600986 ), is not the largest company out there, but it received a lot of...
분석 기사 • Aug 01Is Zhewen Interactive Group (SHSE:600986) A Risky Investment?David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
공시 • Jun 28Zhewen Interactive Group Co., Ltd. to Report First Half, 2024 Results on Aug 31, 2024Zhewen Interactive Group Co., Ltd. announced that they will report first half, 2024 results on Aug 31, 2024
분석 기사 • Jun 25Zhewen Interactive Group Co., Ltd.'s (SHSE:600986) Price Is Out Of Tune With EarningsWith a price-to-earnings (or "P/E") ratio of 33.5x Zhewen Interactive Group Co., Ltd. ( SHSE:600986 ) may be sending...
Board Change • Jun 08Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Xiaogang Jin was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
분석 기사 • Apr 26Zhewen Interactive Group's (SHSE:600986) Earnings Might Not Be As Promising As They SeemSolid profit numbers didn't seem to be enough to please Zhewen Interactive Group Co., Ltd.'s ( SHSE:600986...
공시 • Apr 21Zhewen Interactive Group Co., Ltd., Annual General Meeting, May 10, 2024Zhewen Interactive Group Co., Ltd., Annual General Meeting, May 10, 2024, at 14:00 China Standard Time.
Reported Earnings • Apr 20Full year 2023 earnings: EPS and revenues miss analyst expectationsFull year 2023 results: EPS: CN¥0.14 (up from CN¥0.06 in FY 2022). Revenue: CN¥10.8b (down 27% from FY 2022). Net income: CN¥192.2m (up 138% from FY 2022). Profit margin: 1.8% (up from 0.5% in FY 2022). Revenue missed analyst estimates by 23%. Earnings per share (EPS) also missed analyst estimates by 20%. Revenue is forecast to grow 18% p.a. on average during the next 2 years, compared to a 13% growth forecast for the Media industry in China. Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings.
공시 • Mar 29Zhewen Interactive Group Co., Ltd. to Report Q1, 2024 Results on Apr 30, 2024Zhewen Interactive Group Co., Ltd. announced that they will report Q1, 2024 results on Apr 30, 2024
분석 기사 • Mar 21Zhewen Interactive Group Co., Ltd. (SHSE:600986) Soars 25% But It's A Story Of Risk Vs RewardZhewen Interactive Group Co., Ltd. ( SHSE:600986 ) shareholders are no doubt pleased to see that the share price has...
분석 기사 • Mar 18Zhewen Interactive Group (SHSE:600986) Will Be Hoping To Turn Its Returns On Capital AroundWhat financial metrics can indicate to us that a company is maturing or even in decline? Typically, we'll see the trend...
New Risk • Feb 22New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 13% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks Profit margins are more than 30% lower than last year (0.6% net profit margin). Shareholders have been diluted in the past year (13% increase in shares outstanding).
New Risk • Jan 22New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 6.1% 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 Share price has been volatile over the past 3 months (6.1% average weekly change). Profit margins are more than 30% lower than last year (0.6% net profit margin). Shareholders have been diluted in the past year (13% increase in shares outstanding).
공시 • Dec 29Zhewen Interactive Group Co., Ltd. to Report Fiscal Year 2023 Results on Apr 30, 2024Zhewen Interactive Group Co., Ltd. announced that they will report fiscal year 2023 results on Apr 30, 2024
New Risk • Nov 06New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 13% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks Profit margins are more than 30% lower than last year (0.6% net profit margin). Shareholders have been diluted in the past year (13% increase in shares outstanding).
Reported Earnings • Nov 02Third quarter 2023 earnings released: EPS: CN¥0.045 (vs CN¥0.038 in 3Q 2022)Third quarter 2023 results: EPS: CN¥0.045. Revenue: CN¥2.52b (down 31% from 3Q 2022). Net income: CN¥43.4m (down 29% from 3Q 2022). Profit margin: 1.7% (in line with 3Q 2022). Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Media industry in China.
Reported Earnings • Aug 31Second quarter 2023 earnings released: EPS: CN¥0.021 (vs CN¥0.021 in 2Q 2022)Second quarter 2023 results: EPS: CN¥0.021 (in line with 2Q 2022). Revenue: CN¥2.93b (down 20% from 2Q 2022). Net income: CN¥32.8m (up 14% from 2Q 2022). Profit margin: 1.1% (up from 0.8% in 2Q 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 8.2% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Media industry in China. Over the last 3 years on average, earnings per share has increased by 120% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Apr 26First quarter 2023 earnings released: EPS: CN¥0.03 (vs CN¥0.03 in 1Q 2022)First quarter 2023 results: EPS: CN¥0.03 (in line with 1Q 2022). Revenue: CN¥2.80b (down 32% from 1Q 2022). Net income: CN¥38.4m (up 8.4% from 1Q 2022). Profit margin: 1.4% (up from 0.9% in 1Q 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 122% per year but the company’s share price has only increased by 24% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Mar 22Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CN¥6.70, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 20x in the Media industry in China. Total returns to shareholders of 76% over the past three years.
Board Change • Nov 16Less than half of directors are independentThere are 8 new directors who have joined the board in the last 3 years. Of these new board members, 3 were independent directors. The company's board is composed of: 8 new directors. No experienced directors. 1 highly experienced director. 3 independent directors (4 non-independent directors). Deputy GM, Financial Director, CFO & Director Qiao Lan Wang is the most experienced director on the board, commencing their role in 2012. Independent Director Jianwen Liao was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors.
Reported Earnings • Oct 30Third quarter 2022 earnings released: EPS: CN¥0.038 (vs CN¥0.06 in 3Q 2021)Third quarter 2022 results: EPS: CN¥0.038 (down from CN¥0.06 in 3Q 2021). Revenue: CN¥3.63b (down 9.3% from 3Q 2021). Net income: CN¥61.1m (down 21% from 3Q 2021). Profit margin: 1.7% (down from 1.9% in 3Q 2021). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 7.6% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Media industry in China. Over the last 3 years on average, earnings per share has increased by 98% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.
Valuation Update With 7 Day Price Move • Aug 17Investor sentiment improved over the past weekAfter last week's 16% share price gain to CN¥6.25, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 16x in the Media industry in China. Total returns to shareholders of 68% over the past three years.
Reported Earnings • Aug 07Second quarter 2022 earnings released: EPS: CN¥0.021 (vs CN¥0.058 in 2Q 2021)Second quarter 2022 results: EPS: CN¥0.021 (down from CN¥0.058 in 2Q 2021). Revenue: CN¥3.66b (down 7.8% from 2Q 2021). Net income: CN¥28.9m (down 66% from 2Q 2021). Profit margin: 0.8% (down from 2.2% in 2Q 2021). The decrease in margin was driven by lower revenue. Over the next year, revenue is forecast to grow 8.4%, compared to a 10% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has increased by 75% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Jun 10Investor sentiment improved over the past weekAfter last week's 17% share price gain to CN¥6.04, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 16x in the Media industry in China. Total returns to shareholders of 47% over the past three years.
Reported Earnings • May 02First quarter 2022 earnings: EPS in line with expectations, revenues disappointFirst quarter 2022 results: EPS: CN¥0.03 (down from CN¥0.04 in 1Q 2021). Revenue: CN¥4.08b (up 45% from 1Q 2021). Net income: CN¥35.4m (down 26% from 1Q 2021). Profit margin: 0.9% (down from 1.7% in 1Q 2021). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 1.0%. Earnings per share (EPS) were mostly in line with analyst estimates. Over the next year, revenue is forecast to grow 4.3%, compared to a 10% growth forecast for the industry in China. 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 4% per year, which means it is significantly lagging earnings growth.
Board Change • Apr 27High number of new and inexperienced directorsThere are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. No experienced directors. 2 highly experienced directors. CFO & Director Qiao Lan Wang is the most experienced director on the board, commencing their role in 2012. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.
Valuation Update With 7 Day Price Move • Apr 13Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to CN¥5.79, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 15x in the Media industry in China. Total loss to shareholders of 3.9% over the past three years.
Reported Earnings • Apr 03Full year 2021 earnings: EPS in line with expectations, revenues disappointFull year 2021 results: EPS: CN¥0.22 (up from CN¥0.07 in FY 2020). Revenue: CN¥14.3b (up 54% from FY 2020). Net income: CN¥294.4m (up 212% from FY 2020). Profit margin: 2.1% (up from 1.0% in FY 2020). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 1.0%. Earnings per share (EPS) were mostly in line with analyst estimates. Over the next year, revenue is forecast to grow 16%, compared to a 18% 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 only increased by 4% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Mar 22Investor sentiment improved over the past weekAfter last week's 19% share price gain to CN¥6.38, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 15x in the Media industry in China. Total returns to shareholders of 13% over the past three years.
Valuation Update With 7 Day Price Move • Jan 24Investor sentiment deteriorated over the past weekAfter last week's 23% share price decline to CN¥6.90, the stock trades at a trailing P/E ratio of 44.8x. Average trailing P/E is 34x in the Media industry in China. Total returns to shareholders of 68% over the past three years.
공시 • Dec 30Zhewen Interactive Group Co., Ltd. announced that it expects to receive CNY 800 million in funding from Hangzhou Bowen Equity Investment Co., Ltd.Zhewen Interactive Group Co., Ltd. announced a private placement of not more than CNY 800,000,000 on December 29, 2021. The transaction will include participation from Hangzhou Bowen Equity Investment Co., Ltd. The offering price is CNY 4.85 per share, which is not less than 80% of the average price of the company’s stock trading on the 20 trading days before the pricing base date. The company will not issue more than 164,948,453 shares, accounting for no more than 12.47% of the company's total share capital before the non-public issuance, and no more than 30% of the company's total share capital before the non-public issuance. The shares subscribed by investor shall not be transferred within 18 months from the date of the end of the offering. The transaction has been deliberated and approved at the first meeting of the company's tenth board of directors, is subject to approval of competent state-owned assets authorities, company's shareholders meeting, and China Securities Regulatory Commission.
Valuation Update With 7 Day Price Move • Dec 30Investor sentiment improved over the past weekAfter last week's 16% share price gain to CN¥7.66, the stock trades at a trailing P/E ratio of 49.7x. Average trailing P/E is 31x in the Media industry in China. Total returns to shareholders of 85% over the past three years.
Valuation Update With 7 Day Price Move • Dec 13Investor sentiment improved over the past weekAfter last week's 18% share price gain to CN¥5.36, the stock trades at a trailing P/E ratio of 34.8x. Average trailing P/E is 28x in the Media industry in China. Total returns to shareholders of 21% over the past three years.
Valuation Update With 7 Day Price Move • Dec 13Investor sentiment improved over the past weekAfter last week's 18% share price gain to CN¥5.36, the stock trades at a trailing P/E ratio of 34.8x. Average trailing P/E is 28x in the Media industry in China. Total returns to shareholders of 21% over the past three years.
Reported Earnings • Oct 31Third quarter 2021 earnings released: EPS CN¥0.06 (vs CN¥0.04 in 3Q 2020)The company reported a solid third quarter result with improved earnings and revenues, although profit margins were weaker. Third quarter 2021 results: Revenue: CN¥4.00b (up 70% from 3Q 2020). Net income: CN¥77.1m (up 66% from 3Q 2020). Profit margin: 1.9% (down from 2.0% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings.
Reported Earnings • Aug 12Second quarter 2021 earnings released: EPS CN¥0.058 (vs CN¥0.035 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CN¥3.97b (up 74% from 2Q 2020). Net income: CN¥85.5m (up 120% from 2Q 2020). Profit margin: 2.2% (up from 1.7% in 2Q 2020). The increase in margin was driven by higher revenue. 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 10% per year, which means it has not declined as severely as earnings.
Reported Earnings • Apr 29First quarter 2021 earnings released: EPS CN¥0.04 (vs CN¥0.01 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: CN¥2.81b (up 25% from 1Q 2020). Net income: CN¥47.8m (up 185% from 1Q 2020). Profit margin: 1.7% (up from 0.7% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 60 percentage points per year, which is a significant difference in performance.
Reported Earnings • Apr 01Full year 2020 earnings released: EPS CN¥0.07 (vs CN¥1.89 loss in FY 2019)The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: CN¥9.26b (down 51% from FY 2019). Net income: CN¥94.4m (up CN¥2.60b from FY 2019). Profit margin: 1.0% (up from net loss in FY 2019). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 81 percentage points per year, which is a significant difference in performance.
공시 • Mar 09Zhewen Interactive Group Co., Ltd. to Report Fiscal Year 2020 Results on Mar 31, 2021Zhewen Interactive Group Co., Ltd. announced that they will report fiscal year 2020 results on Mar 31, 2021
공시 • Jan 28Zhewen Interactive Group Co., Ltd.(XSSC:600986) dropped from S&P Global BMI IndexKeda Group Co., Ltd.(XSSC:600986) dropped from S&P Global BMI Index
Is New 90 Day High Low • Jan 25New 90-day low: CN¥4.05The company is down 21% from its price of CN¥5.10 on 27 October 2020. The Chinese market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Media industry, which is down 11% over the same period.
Is New 90 Day High Low • Dec 16New 90-day low: CN¥4.39The company is down 13% from its price of CN¥5.04 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 Media industry, which is down 5.0% over the same period.
Is New 90 Day High Low • Nov 25New 90-day low: CN¥4.79The company is down 5.0% from its price of CN¥5.06 on 27 August 2020. The Chinese market is up 1.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Media industry, which is down 6.0% over the same period.
Reported Earnings • Oct 30Third quarter earnings releasedOver the last 12 months the company has reported total losses of CN¥2.53b, with losses widening by CN¥2.44b from the prior year. Total revenue was CN¥11.6b over the last 12 months, down 35% from the prior year.
공시 • Oct 27Keda Group Co., Ltd. to Report Q3, 2020 Results on Oct 30, 2020Keda Group Co., Ltd. announced that they will report Q3, 2020 results on Oct 30, 2020
공시 • Sep 22Keda Group Co., Ltd. announced that it expects to receive CNY 1.499999999 billion in funding from Hangzhou Zhewen Hulian Enterprise Management Partnership Enterprise (Limited Partnership)Keda Group Co., Ltd. (SHSE:600986) announced that it has entered into an share subscription agreement with new investor Hangzhou Zhewen Hulian Enterprise Management Partnership Enterprise (Limited Partnership) for private placement of 373,134,328 shares at CNY 4.02 per share for gross proceeds of not more than CNY 1,499,999,999 on September 20, 2020. The investor will acquire 20.65% stake in the company. The registered capital of the company will increase to 1,697,686,689 shares. The transaction has been approved at the 9th extraordinary directorate meeting and at the 9th extraordinary supervisory board meeting of the company and approved at the management committee meeting of the investor. The transaction is subject to approval from the shareholders of the company and from China Securities Regulatory Commission. All the shares issued in the transaction cannot be transferred within 18 months from the issuance closing date.