View ValuationQingmu Tec 향후 성장Future 기준 점검 5/6Qingmu Tec은 연간 수입과 매출이 각각 35.1%와 35.8% 증가할 것으로 예상되고 EPS는 연간 35%만큼 증가할 것으로 예상됩니다.핵심 정보35.1%이익 성장률34.98%EPS 성장률Multiline Retail 이익 성장44.3%매출 성장률35.8%향후 자기자본이익률n/a애널리스트 커버리지Low마지막 업데이트27 May 2026최근 향후 성장 업데이트업데이트 없음모든 업데이트 보기Recent updates공시 • Jul 01Qingmu Tec Co., Ltd. to Report First Half, 2026 Results on Aug 28, 2026Qingmu Tec Co., Ltd. announced that they will report first half, 2026 results on Aug 28, 2026Declared Dividend • May 27Dividend of CN¥0.40 announcedShareholders will receive a dividend of CN¥0.40. Ex-date: 29th May 2026 Payment date: 29th May 2026 Dividend yield will be 0.7%, which is lower than the industry average of 2.2%. Sustainability & Growth Dividend is covered by earnings (48% earnings payout ratio) but not covered by cash flows (119% cash payout ratio). The dividend has increased by an average of 17% per year over the past 4 years and payments have been stable during that time. EPS is expected to grow by 35% over the next year, which should provide support to the dividend and adequate earnings cover.Valuation Update With 7 Day Price Move • May 25Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to CN¥61.86, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 22x in the Multiline Retail industry in China. Total returns to shareholders of 62% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥31.57 per share.New Risk • May 21New 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 8.2% 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 (119% cash payout ratio). Share price has been volatile over the past 3 months (8.2% average weekly change).Reported Earnings • Apr 27First quarter 2026 earnings released: EPS: CN¥0.46 (vs CN¥0.11 in 1Q 2025)First quarter 2026 results: EPS: CN¥0.46 (up from CN¥0.11 in 1Q 2025). Revenue: CN¥343.3m (up 25% from 1Q 2025). Net income: CN¥42.1m (up 321% from 1Q 2025). Profit margin: 12% (up from 3.6% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 34% p.a. on average during the next 2 years, compared to a 11% growth forecast for the Multiline Retail industry in China. Over the last 3 years on average, earnings per share has increased by 29% per year whereas the company’s share price has increased by 27% per year.공시 • Apr 27Qingmu Tec Co., Ltd., Annual General Meeting, May 18, 2026Qingmu Tec Co., Ltd., Annual General Meeting, May 18, 2026, at 14:00 China Standard Time. Location: No 353, Yijing Road, Haizhu District, Guangzhou, Guangdong ChinaValuation Update With 7 Day Price Move • Apr 20Investor sentiment improves as stock rises 18%After last week's 18% share price gain to CN¥71.06, the stock trades at a forward P/E ratio of 30x. Average forward P/E is 26x in the Multiline Retail industry in China. Total returns to shareholders of 101% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥32.79 per share.공시 • Mar 31Qingmu Tec Co., Ltd. to Report Q1, 2026 Results on Apr 27, 2026Qingmu Tec Co., Ltd. announced that they will report Q1, 2026 results on Apr 27, 2026New Risk • Mar 25New 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 10% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (10% average weekly change). High level of non-cash earnings (24% accrual ratio). Minor Risk Paying a dividend despite having no free cash flows.Valuation Update With 7 Day Price Move • Jan 09Investor sentiment improves as stock rises 27%After last week's 27% share price gain to CN¥84.26, the stock trades at a trailing P/E ratio of 79.6x. Average forward P/E is 23x in the Multiline Retail industry in China. Total returns to shareholders of 234% over the past three years.공시 • Dec 31Qingmu Tec Co., Ltd. to Report Fiscal Year 2025 Results on Apr 27, 2026Qingmu Tec Co., Ltd. announced that they will report fiscal year 2025 results on Apr 27, 2026Reported Earnings • Oct 28Third quarter 2025 earnings released: EPS: CN¥0.30 (vs CN¥0.056 in 3Q 2024)Third quarter 2025 results: EPS: CN¥0.30 (up from CN¥0.056 in 3Q 2024). Revenue: CN¥352.7m (up 34% from 3Q 2024). Net income: CN¥28.0m (up 440% from 3Q 2024). Profit margin: 7.9% (up from 2.0% in 3Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 39% per year, which means it is tracking significantly ahead of earnings growth.공시 • Sep 30Qingmu Tec Co., Ltd. to Report Q3, 2025 Results on Oct 27, 2025Qingmu Tec Co., Ltd. announced that they will report Q3, 2025 results on Oct 27, 2025New Risk • Sep 05New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 24% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (10% average weekly change). Earnings have declined by 18% per year over the past 5 years. High level of non-cash earnings (24% accrual ratio). Minor Risk Paying a dividend despite having no free cash flows.공시 • Jul 02Qingmu Tec Co., Ltd. to Report First Half, 2025 Results on Aug 29, 2025Qingmu Tec Co., Ltd. announced that they will report first half, 2025 results on Aug 29, 2025Valuation Update With 7 Day Price Move • Jun 11Investor sentiment improves as stock rises 21%After last week's 21% share price gain to CN¥60.35, the stock trades at a trailing P/E ratio of 73.1x. Average trailing P/E is 60x in the Multiline Retail industry in China. Total returns to shareholders of 109% over the past three years.Declared Dividend • Jun 04Dividend of CN¥0.40 announcedShareholders will receive a dividend of CN¥0.40. Ex-date: 9th June 2025 Payment date: 9th June 2025 Dividend yield will be 1.6%, which is lower than the industry average of 2.2%. Sustainability & Growth Dividend is not adequately covered by earnings (97% earnings payout ratio) and 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 23% per year over the past 3 years and payments have been stable during that time. The company's earnings per share (EPS) would need to grow by 7.7% to bring the payout ratio under control, which is more than the 5.6% EPS growth achieved over the last 5 years.New Risk • May 27New 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 10% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (10% average weekly change). Dividend is not well covered by earnings and cash flows. Payout ratio: 97% Paying a dividend despite having no free cash flows. Earnings have declined by 19% per year over the past 5 years.New Risk • May 17New major risk - Dividend sustainabilityThe dividend is not well covered by earnings and cash flows. Payout ratio: 97% The company is paying a dividend despite having no free cash flows. Dividend yield: 1.6% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 97% Paying a dividend despite having no free cash flows. Earnings have declined by 19% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (9.6% average weekly change).Reported Earnings • May 03Third quarter 2024 earnings released: EPS: CN¥0.056 (vs CN¥0.16 loss in 3Q 2023)Third quarter 2024 results: EPS: CN¥0.056 (up from CN¥0.16 loss in 3Q 2023). Revenue: CN¥263.7m (up 32% from 3Q 2023). Net income: CN¥5.18m (up CN¥19.7m from 3Q 2023). Profit margin: 2.0% (up from net loss in 3Q 2023). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 39% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings.공시 • Apr 29Qingmu Tec Co., Ltd., Annual General Meeting, May 19, 2025Qingmu Tec Co., Ltd., Annual General Meeting, May 19, 2025, at 15:00 China Standard Time.Valuation Update With 7 Day Price Move • Apr 07Investor sentiment deteriorates as stock falls 22%After last week's 22% share price decline to CN¥37.99, the stock trades at a trailing P/E ratio of 36x. Average trailing P/E is 45x in the Multiline Retail industry in China. Total returns to shareholders of 20% over the past three years.공시 • Mar 31Qingmu Tec Co., Ltd. to Report Q1, 2025 Results on Apr 29, 2025Qingmu Tec Co., Ltd. announced that they will report Q1, 2025 results on Apr 29, 2025분석 기사 • Feb 28Qingmu Tec Co., Ltd.'s (SZSE:301110) 28% Share Price Plunge Could Signal Some RiskQingmu Tec Co., Ltd. ( SZSE:301110 ) shares have had a horrible month, losing 28% after a relatively good period...New Risk • Feb 25New major risk - Revenue and earnings growthEarnings have declined by 13% 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 Share price has been highly volatile over the past 3 months (16% average weekly change). Earnings have declined by 13% per year over the past 5 years. High level of non-cash earnings (27% accrual ratio). Minor Risk Paying a dividend despite having no free cash flows.Valuation Update With 7 Day Price Move • Feb 18Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to CN¥53.15, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 25x in the Multiline Retail industry in China. Total returns to shareholders of 155% over the past year.Valuation Update With 7 Day Price Move • Jan 20Investor sentiment improves as stock rises 15%After last week's 15% share price gain to CN¥66.90, the stock trades at a forward P/E ratio of 29x. Average forward P/E is 22x in the Multiline Retail industry in China. Total returns to shareholders of 172% over the past year.분석 기사 • Jan 14Qingmu Tec Co., Ltd.'s (SZSE:301110) P/E Is Still On The Mark Following 30% Share Price BounceDespite an already strong run, Qingmu Tec Co., Ltd. ( SZSE:301110 ) shares have been powering on, with a gain of 30% in...공시 • Dec 31Qingmu Tec Co., Ltd. to Report Fiscal Year 2024 Results on Apr 29, 2025Qingmu Tec Co., Ltd. announced that they will report fiscal year 2024 results on Apr 29, 2025Valuation Update With 7 Day Price Move • Dec 31Investor sentiment deteriorates as stock falls 22%After last week's 22% share price decline to CN¥61.54, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 26x in the Multiline Retail industry in China. Total returns to shareholders of 121% over the past year.New Risk • Dec 19New 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 14% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (14% average weekly change). High level of non-cash earnings (27% accrual ratio). Minor Risk Paying a dividend despite having no free cash flows.Valuation Update With 7 Day Price Move • Dec 16Investor sentiment improves as stock rises 15%After last week's 15% share price gain to CN¥51.20, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 26x in the Multiline Retail industry in China. Total returns to shareholders of 72% over the past year.분석 기사 • Nov 29Qingmu Tec Co., Ltd. (SZSE:301110) Stocks Shoot Up 26% But Its P/E Still Looks ReasonableDespite an already strong run, Qingmu Tec Co., Ltd. ( SZSE:301110 ) shares have been powering on, with a gain of 26% in...Valuation Update With 7 Day Price Move • Nov 13Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CN¥45.88, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 23x in the Multiline Retail industry in China. Total returns to shareholders of 40% over the past year.분석 기사 • Nov 04Qingmu Tec's (SZSE:301110) Earnings Are Of Questionable QualityLast week's profit announcement from Qingmu Tec Co., Ltd. ( SZSE:301110 ) was underwhelming for investors, despite...Reported Earnings • Oct 29Third quarter 2024 earnings released: EPS: CN¥0.056 (vs CN¥0.058 in 3Q 2023)Third quarter 2024 results: EPS: CN¥0.056 (down from CN¥0.058 in 3Q 2023). Revenue: CN¥263.7m (up 2.9% from 3Q 2023). Net income: CN¥5.18m (down 3.9% from 3Q 2023). Profit margin: 2.0% (down from 2.1% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 29% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Multiline Retail industry in China.Valuation Update With 7 Day Price Move • Oct 14Investor sentiment improves as stock rises 28%After last week's 28% share price gain to CN¥43.19, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 20x in the Multiline Retail industry in China. Total returns to shareholders of 32% over the past year.분석 기사 • Oct 13Qingmu Tec Co., Ltd. (SZSE:301110) Looks Just Right With A 35% Price JumpQingmu Tec Co., Ltd. ( SZSE:301110 ) shares have had a really impressive month, gaining 35% after a shaky period...공시 • Sep 30Qingmu Tec Co., Ltd. to Report Q3, 2024 Results on Oct 29, 2024Qingmu Tec Co., Ltd. announced that they will report Q3, 2024 results on Oct 29, 2024분석 기사 • Sep 30Investors Could Be Concerned With Qingmu Tec's (SZSE:301110) Returns On CapitalDid you know there are some financial metrics that can provide clues of a potential multi-bagger? Firstly, we'd want to...Valuation Update With 7 Day Price Move • Sep 27Investor sentiment improves as stock rises 17%After last week's 17% share price gain to CN¥30.09, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 19x in the Multiline Retail industry in China. Total loss to shareholders of 13% over the past year.New Risk • Sep 25New major risk - Dividend sustainabilityThe dividend is not well covered by earnings and cash flows. Payout ratio: 99% The company is paying a dividend despite having no free cash flows. Dividend yield: 2.8% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 99% Paying a dividend despite having no free cash flows. High level of non-cash earnings (22% accrual ratio).공시 • Sep 20Qingmu Tec Co., Ltd. Approves Interim Dividend for 2024Qingmu Tec Co., Ltd. at its Extraordinary General Meeting held on 18 September 2024 approved interim cash dividend of CNY 4.00000000 per 10 shares (tax included) for 2024.Reported Earnings • Aug 31Second quarter 2024 earnings released: EPS: CN¥0.46 (vs CN¥0.33 in 2Q 2023)Second quarter 2024 results: EPS: CN¥0.46 (up from CN¥0.33 in 2Q 2023). Revenue: CN¥317.9m (up 31% from 2Q 2023). Net income: CN¥42.9m (up 36% from 2Q 2023). Profit margin: 14% (in line with 2Q 2023). Revenue is forecast to grow 28% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Multiline Retail industry in China.분석 기사 • Jul 19What You Can Learn From Qingmu Tec Co., Ltd.'s (SZSE:301110) P/EQingmu Tec Co., Ltd.'s ( SZSE:301110 ) price-to-earnings (or "P/E") ratio of 37.5x might make it look like a sell right...공시 • Jun 29Qingmu Digital Technology Co.,Ltd. to Report First Half, 2024 Results on Aug 30, 2024Qingmu Digital Technology Co.,Ltd. announced that they will report first half, 2024 results on Aug 30, 2024분석 기사 • Apr 30Shareholders Can Be Confident That Qingmu Digital TechnologyLtd's (SZSE:301110) Earnings Are High QualityQingmu Digital Technology Co.,Ltd. ( SZSE:301110 ) just reported healthy earnings but the stock price didn't move much...공시 • Apr 24Qingmu Digital Technology Co.,Ltd., Annual General Meeting, May 21, 2024Qingmu Digital Technology Co.,Ltd., Annual General Meeting, May 21, 2024, at 14:00 China Standard Time. Location: 4F, Building 1, Phase 2, No. 189, Dunhe Road, Guangzhou Avenue South, Guangzhou, Guangdong ChinaReported Earnings • Apr 24First quarter 2024 earnings released: EPS: CN¥0.36 (vs CN¥0.15 in 1Q 2023)First quarter 2024 results: EPS: CN¥0.36 (up from CN¥0.15 in 1Q 2023). Revenue: CN¥226.3m (up 6.3% from 1Q 2023). Net income: CN¥24.2m (up 148% from 1Q 2023). Profit margin: 11% (up from 4.6% in 1Q 2023).New Risk • Apr 24New major risk - Revenue and earnings growthEarnings have declined by 7.0% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 7.0% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (12% average weekly change). Profit margins are more than 30% lower than last year (8.1% net profit margin).분석 기사 • Apr 22Investors Could Be Concerned With Qingmu Digital TechnologyLtd's (SZSE:301110) Returns On CapitalThere are a few key trends to look for if we want to identify the next multi-bagger. Ideally, a business will show two...Valuation Update With 7 Day Price Move • Apr 16Investor sentiment deteriorates as stock falls 22%After last week's 22% share price decline to CN¥29.00, the stock trades at a trailing P/E ratio of 26x. Average trailing P/E is 28x in the Multiline Retail industry in China. Total loss to shareholders of 44% over the past year.공시 • Mar 30Qingmu Digital Technology Co.,Ltd. to Report Q1, 2024 Results on Apr 24, 2024Qingmu Digital Technology Co.,Ltd. announced that they will report Q1, 2024 results on Apr 24, 2024New Risk • Mar 14New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Dividend is not well covered by cash flows (168% cash payout ratio). Share price has been volatile over the past 3 months (11% average weekly change). Profit margins are more than 30% lower than last year (8.1% net profit margin).Valuation Update With 7 Day Price Move • Feb 21Investor sentiment improves as stock rises 17%After last week's 17% share price gain to CN¥30.68, the stock trades at a trailing P/E ratio of 27.5x. Average trailing P/E is 24x in the Multiline Retail industry in China. Total loss to shareholders of 24% over the past year.공시 • Feb 10Qingmu Digital Technology Co.,Ltd. (SZSE:301110) announces an Equity Buyback for CNY 40 million worth of its shares.Qingmu Digital Technology Co.,Ltd. (SZSE:301110) announces a share repurchase program. Under the program, the company will repurchase up to CNY 40 million worth of its shares. The repurchase price will not more than CNY 40 per Share. The repurchased shares will be used for employee stock ownership plan or equity incentives. The repurchases will be funded using company's own funds. The repurchase period will be not more than 12 months.New Risk • Feb 05New 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 7.1% 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 Dividend is not well covered by cash flows (168% cash payout ratio). Share price has been volatile over the past 3 months (7.1% average weekly change). Profit margins are more than 30% lower than last year (8.1% net profit margin).Valuation Update With 7 Day Price Move • Feb 01Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to CN¥31.16, the stock trades at a trailing P/E ratio of 27.9x. Average trailing P/E is 25x in the Multiline Retail industry in China. Total loss to shareholders of 24% over the past year.공시 • Dec 30Qingmu Digital Technology Co.,Ltd. to Report Fiscal Year 2023 Results on Apr 24, 2024Qingmu Digital Technology Co.,Ltd. announced that they will report fiscal year 2023 results on Apr 24, 2024Reported Earnings • Nov 01Third quarter 2023 earnings released: CN¥0.22 loss per share (vs CN¥0.083 profit in 3Q 2022)Third quarter 2023 results: CN¥0.22 loss per share (down from CN¥0.083 profit in 3Q 2022). Revenue: CN¥199.4m (up 7.1% from 3Q 2022). Net loss: CN¥14.5m (down 363% from profit in 3Q 2022).공시 • Sep 30Qingmu Digital Technology Co.,Ltd. to Report Q3, 2023 Results on Oct 30, 2023Qingmu Digital Technology Co.,Ltd. announced that they will report Q3, 2023 results on Oct 30, 2023Reported Earnings • Aug 28Second quarter 2023 earnings released: EPS: CN¥0.46 (vs CN¥0.24 in 2Q 2022)Second quarter 2023 results: EPS: CN¥0.46 (up from CN¥0.24 in 2Q 2022). Revenue: CN¥241.9m (up 13% from 2Q 2022). Net income: CN¥31.5m (up 95% from 2Q 2022). Profit margin: 13% (up from 7.6% in 2Q 2022). The increase in margin was driven by higher revenue.Valuation Update With 7 Day Price Move • May 15Investor sentiment improves as stock rises 15%After last week's 15% share price gain to CN¥56.69, the stock trades at a trailing P/E ratio of 64.1x. Average trailing P/E is 31x in the Multiline Retail industry in China. Total returns to shareholders of 6.3% over the past year.Reported Earnings • Apr 16First quarter 2023 earnings released: EPS: CN¥0.15 (vs CN¥0.32 in 1Q 2022)First quarter 2023 results: EPS: CN¥0.15 (down from CN¥0.32 in 1Q 2022). Revenue: CN¥212.8m (up 22% from 1Q 2022). Net income: CN¥9.77m (down 39% from 1Q 2022). Profit margin: 4.6% (down from 9.2% in 1Q 2022). The decrease in margin was driven by higher expenses.Valuation Update With 7 Day Price Move • Apr 10Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to CN¥52.92, the stock trades at a trailing P/E ratio of 32.3x. Average trailing P/E is 34x in the Multiline Retail industry in China. Total returns to shareholders of 15% over the past year.Valuation Update With 7 Day Price Move • Mar 16Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CN¥47.28, the stock trades at a trailing P/E ratio of 28.9x. Average trailing P/E is 23x in the Online Retail industry in Asia. Total loss to shareholders of 23% over the past year.Valuation Update With 7 Day Price Move • Feb 07Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CN¥45.21, the stock trades at a trailing P/E ratio of 27.6x. Average trailing P/E is 23x in the Online Retail industry in Asia.Board Change • Nov 16No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. No highly experienced directors. No independent directors (4 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.Reported Earnings • Oct 28Third quarter 2022 earnings released: EPS: CN¥0.083 (vs CN¥0.80 in 3Q 2021)Third quarter 2022 results: EPS: CN¥0.083 (down from CN¥0.80 in 3Q 2021). Revenue: CN¥186.2m (down 17% from 3Q 2021). Net income: CN¥5.52m (down 86% from 3Q 2021). Profit margin: 3.0% (down from 18% in 3Q 2021). The decrease in margin was driven by lower revenue.Reported Earnings • Aug 29Second quarter 2022 earnings released: EPS: CN¥0.24 (vs CN¥0.78 in 2Q 2021)Second quarter 2022 results: EPS: CN¥0.24 (down from CN¥0.78 in 2Q 2021). Revenue: CN¥214.0m (up 1.2% from 2Q 2021). Net income: CN¥16.2m (down 58% from 2Q 2021). Profit margin: 7.6% (down from 18% in 2Q 2021). The decrease in margin was driven by higher expenses.공시 • May 26Qingmu Digital Technology Co.,Ltd. Announces 2021 Final Profit Distribution Plan to Be Implemented (A Shares), Payable on 31 May 2022Qingmu Digital Technology Co.,Ltd. announced 2021 final profit distribution plan to be implemented (A shares) of Cash dividend/10 shares (tax included): CNY 6.00000000. Record date is 30 May 2022, Ex-date is 31 May 2022 and payment date is 31 May 2022.공시 • May 19Qingmu Digital Technology Co.,Ltd. Approves the Final Cash Dividend for the Year 2021Qingmu Digital Technology Co.,Ltd. approved the final cash dividend of CNY 6.00000000 per 10 shares (tax included) for the year 2021.Valuation Update With 7 Day Price Move • May 09Investor sentiment improved over the past weekAfter last week's 16% share price gain to CN¥50.42, the stock trades at a trailing P/E ratio of 24.8x. Average trailing P/E is 39x in the IT industry in China.Board Change • Apr 27No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. No highly experienced directors. No independent directors (4 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.공시 • Apr 26Qingmu Digital Technology Co.,Ltd. Proposes Final Dividend for the Year 2021Qingmu Digital Technology Co.,Ltd. proposed final cash dividend of CNY 6.00000000 per 10 shares (tax included) for the year 2021.이익 및 매출 성장 예측SZSE:301110 - 애널리스트 향후 추정치 및 과거 재무 데이터 (CNY Millions)날짜매출이익자유현금흐름영업현금흐름평균 애널리스트 수12/31/20272,960302N/A280112/31/20262,466247N/A18413/31/20261,48415562122N/A12/31/20251,41512326130N/A9/30/20251,36698-5366N/A6/30/20251,27775-7193N/A3/31/20251,20176-33142N/A12/31/20241,1539130180N/A9/30/20241,12198-32117N/A6/30/20241,05778-1977N/A3/31/202498166-4857N/A12/31/202396752-4934N/A9/30/202392755872N/A6/30/2023913752491N/A3/31/202388560105123N/A1/1/20238476684102N/A9/30/2022852109138153N/A6/30/202283811384102N/A3/31/20228351361436N/A1/1/20228801484771N/A9/30/2021824125831N/A6/30/20218741656280N/A3/31/20217651395668N/A12/31/20206491243948N/A12/31/201936144N/A29N/A12/31/201830643N/A72N/A12/31/201721654N/A7N/A더 보기애널리스트 향후 성장 전망수입 대 저축률: 301110 의 연간 예상 수익 증가율(35.1%)이 saving rate(2.4%)보다 높습니다.수익 vs 시장: 301110 의 연간 수익(35.1%)이 CN 시장(27.5%)보다 빠르게 성장할 것으로 예상됩니다.고성장 수익: 301110 의 수입은 향후 3년 동안 상당히 증가할 것으로 예상됩니다.수익 대 시장: 301110 의 수익(연간 35.8%)이 CN 시장(연간 16.8%)보다 빠르게 성장할 것으로 예상됩니다.고성장 매출: 301110 의 수익(연간 35.8%)은 연간 20%보다 빠르게 증가할 것으로 예상됩니다.주당순이익 성장 예측향후 자기자본이익률미래 ROE: 301110의 자본 수익률이 3년 후 높을 것으로 예상되는지 판단하기에 데이터가 부족합니다.성장 기업 찾아보기7D1Y7D1Y7D1YRetail 산업의 고성장 기업.View Past Performance기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/07/05 23:10종가2026/07/03 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 소스Qingmu Tec Co., Ltd.는 2명의 분석가가 다루고 있습니다. 이 중 1명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Yifan DuCitic Securities Co., Ltd.Yuenan LiuHaitong International Research Limited
공시 • Jul 01Qingmu Tec Co., Ltd. to Report First Half, 2026 Results on Aug 28, 2026Qingmu Tec Co., Ltd. announced that they will report first half, 2026 results on Aug 28, 2026
Declared Dividend • May 27Dividend of CN¥0.40 announcedShareholders will receive a dividend of CN¥0.40. Ex-date: 29th May 2026 Payment date: 29th May 2026 Dividend yield will be 0.7%, which is lower than the industry average of 2.2%. Sustainability & Growth Dividend is covered by earnings (48% earnings payout ratio) but not covered by cash flows (119% cash payout ratio). The dividend has increased by an average of 17% per year over the past 4 years and payments have been stable during that time. EPS is expected to grow by 35% over the next year, which should provide support to the dividend and adequate earnings cover.
Valuation Update With 7 Day Price Move • May 25Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to CN¥61.86, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 22x in the Multiline Retail industry in China. Total returns to shareholders of 62% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥31.57 per share.
New Risk • May 21New 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 8.2% 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 (119% cash payout ratio). Share price has been volatile over the past 3 months (8.2% average weekly change).
Reported Earnings • Apr 27First quarter 2026 earnings released: EPS: CN¥0.46 (vs CN¥0.11 in 1Q 2025)First quarter 2026 results: EPS: CN¥0.46 (up from CN¥0.11 in 1Q 2025). Revenue: CN¥343.3m (up 25% from 1Q 2025). Net income: CN¥42.1m (up 321% from 1Q 2025). Profit margin: 12% (up from 3.6% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 34% p.a. on average during the next 2 years, compared to a 11% growth forecast for the Multiline Retail industry in China. Over the last 3 years on average, earnings per share has increased by 29% per year whereas the company’s share price has increased by 27% per year.
공시 • Apr 27Qingmu Tec Co., Ltd., Annual General Meeting, May 18, 2026Qingmu Tec Co., Ltd., Annual General Meeting, May 18, 2026, at 14:00 China Standard Time. Location: No 353, Yijing Road, Haizhu District, Guangzhou, Guangdong China
Valuation Update With 7 Day Price Move • Apr 20Investor sentiment improves as stock rises 18%After last week's 18% share price gain to CN¥71.06, the stock trades at a forward P/E ratio of 30x. Average forward P/E is 26x in the Multiline Retail industry in China. Total returns to shareholders of 101% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥32.79 per share.
공시 • Mar 31Qingmu Tec Co., Ltd. to Report Q1, 2026 Results on Apr 27, 2026Qingmu Tec Co., Ltd. announced that they will report Q1, 2026 results on Apr 27, 2026
New Risk • Mar 25New 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 10% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (10% average weekly change). High level of non-cash earnings (24% accrual ratio). Minor Risk Paying a dividend despite having no free cash flows.
Valuation Update With 7 Day Price Move • Jan 09Investor sentiment improves as stock rises 27%After last week's 27% share price gain to CN¥84.26, the stock trades at a trailing P/E ratio of 79.6x. Average forward P/E is 23x in the Multiline Retail industry in China. Total returns to shareholders of 234% over the past three years.
공시 • Dec 31Qingmu Tec Co., Ltd. to Report Fiscal Year 2025 Results on Apr 27, 2026Qingmu Tec Co., Ltd. announced that they will report fiscal year 2025 results on Apr 27, 2026
Reported Earnings • Oct 28Third quarter 2025 earnings released: EPS: CN¥0.30 (vs CN¥0.056 in 3Q 2024)Third quarter 2025 results: EPS: CN¥0.30 (up from CN¥0.056 in 3Q 2024). Revenue: CN¥352.7m (up 34% from 3Q 2024). Net income: CN¥28.0m (up 440% from 3Q 2024). Profit margin: 7.9% (up from 2.0% in 3Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 39% per year, which means it is tracking significantly ahead of earnings growth.
공시 • Sep 30Qingmu Tec Co., Ltd. to Report Q3, 2025 Results on Oct 27, 2025Qingmu Tec Co., Ltd. announced that they will report Q3, 2025 results on Oct 27, 2025
New Risk • Sep 05New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 24% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (10% average weekly change). Earnings have declined by 18% per year over the past 5 years. High level of non-cash earnings (24% accrual ratio). Minor Risk Paying a dividend despite having no free cash flows.
공시 • Jul 02Qingmu Tec Co., Ltd. to Report First Half, 2025 Results on Aug 29, 2025Qingmu Tec Co., Ltd. announced that they will report first half, 2025 results on Aug 29, 2025
Valuation Update With 7 Day Price Move • Jun 11Investor sentiment improves as stock rises 21%After last week's 21% share price gain to CN¥60.35, the stock trades at a trailing P/E ratio of 73.1x. Average trailing P/E is 60x in the Multiline Retail industry in China. Total returns to shareholders of 109% over the past three years.
Declared Dividend • Jun 04Dividend of CN¥0.40 announcedShareholders will receive a dividend of CN¥0.40. Ex-date: 9th June 2025 Payment date: 9th June 2025 Dividend yield will be 1.6%, which is lower than the industry average of 2.2%. Sustainability & Growth Dividend is not adequately covered by earnings (97% earnings payout ratio) and 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 23% per year over the past 3 years and payments have been stable during that time. The company's earnings per share (EPS) would need to grow by 7.7% to bring the payout ratio under control, which is more than the 5.6% EPS growth achieved over the last 5 years.
New Risk • May 27New 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 10% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (10% average weekly change). Dividend is not well covered by earnings and cash flows. Payout ratio: 97% Paying a dividend despite having no free cash flows. Earnings have declined by 19% per year over the past 5 years.
New Risk • May 17New major risk - Dividend sustainabilityThe dividend is not well covered by earnings and cash flows. Payout ratio: 97% The company is paying a dividend despite having no free cash flows. Dividend yield: 1.6% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 97% Paying a dividend despite having no free cash flows. Earnings have declined by 19% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (9.6% average weekly change).
Reported Earnings • May 03Third quarter 2024 earnings released: EPS: CN¥0.056 (vs CN¥0.16 loss in 3Q 2023)Third quarter 2024 results: EPS: CN¥0.056 (up from CN¥0.16 loss in 3Q 2023). Revenue: CN¥263.7m (up 32% from 3Q 2023). Net income: CN¥5.18m (up CN¥19.7m from 3Q 2023). Profit margin: 2.0% (up from net loss in 3Q 2023). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 39% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings.
공시 • Apr 29Qingmu Tec Co., Ltd., Annual General Meeting, May 19, 2025Qingmu Tec Co., Ltd., Annual General Meeting, May 19, 2025, at 15:00 China Standard Time.
Valuation Update With 7 Day Price Move • Apr 07Investor sentiment deteriorates as stock falls 22%After last week's 22% share price decline to CN¥37.99, the stock trades at a trailing P/E ratio of 36x. Average trailing P/E is 45x in the Multiline Retail industry in China. Total returns to shareholders of 20% over the past three years.
공시 • Mar 31Qingmu Tec Co., Ltd. to Report Q1, 2025 Results on Apr 29, 2025Qingmu Tec Co., Ltd. announced that they will report Q1, 2025 results on Apr 29, 2025
분석 기사 • Feb 28Qingmu Tec Co., Ltd.'s (SZSE:301110) 28% Share Price Plunge Could Signal Some RiskQingmu Tec Co., Ltd. ( SZSE:301110 ) shares have had a horrible month, losing 28% after a relatively good period...
New Risk • Feb 25New major risk - Revenue and earnings growthEarnings have declined by 13% 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 Share price has been highly volatile over the past 3 months (16% average weekly change). Earnings have declined by 13% per year over the past 5 years. High level of non-cash earnings (27% accrual ratio). Minor Risk Paying a dividend despite having no free cash flows.
Valuation Update With 7 Day Price Move • Feb 18Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to CN¥53.15, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 25x in the Multiline Retail industry in China. Total returns to shareholders of 155% over the past year.
Valuation Update With 7 Day Price Move • Jan 20Investor sentiment improves as stock rises 15%After last week's 15% share price gain to CN¥66.90, the stock trades at a forward P/E ratio of 29x. Average forward P/E is 22x in the Multiline Retail industry in China. Total returns to shareholders of 172% over the past year.
분석 기사 • Jan 14Qingmu Tec Co., Ltd.'s (SZSE:301110) P/E Is Still On The Mark Following 30% Share Price BounceDespite an already strong run, Qingmu Tec Co., Ltd. ( SZSE:301110 ) shares have been powering on, with a gain of 30% in...
공시 • Dec 31Qingmu Tec Co., Ltd. to Report Fiscal Year 2024 Results on Apr 29, 2025Qingmu Tec Co., Ltd. announced that they will report fiscal year 2024 results on Apr 29, 2025
Valuation Update With 7 Day Price Move • Dec 31Investor sentiment deteriorates as stock falls 22%After last week's 22% share price decline to CN¥61.54, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 26x in the Multiline Retail industry in China. Total returns to shareholders of 121% over the past year.
New Risk • Dec 19New 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 14% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (14% average weekly change). High level of non-cash earnings (27% accrual ratio). Minor Risk Paying a dividend despite having no free cash flows.
Valuation Update With 7 Day Price Move • Dec 16Investor sentiment improves as stock rises 15%After last week's 15% share price gain to CN¥51.20, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 26x in the Multiline Retail industry in China. Total returns to shareholders of 72% over the past year.
분석 기사 • Nov 29Qingmu Tec Co., Ltd. (SZSE:301110) Stocks Shoot Up 26% But Its P/E Still Looks ReasonableDespite an already strong run, Qingmu Tec Co., Ltd. ( SZSE:301110 ) shares have been powering on, with a gain of 26% in...
Valuation Update With 7 Day Price Move • Nov 13Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CN¥45.88, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 23x in the Multiline Retail industry in China. Total returns to shareholders of 40% over the past year.
분석 기사 • Nov 04Qingmu Tec's (SZSE:301110) Earnings Are Of Questionable QualityLast week's profit announcement from Qingmu Tec Co., Ltd. ( SZSE:301110 ) was underwhelming for investors, despite...
Reported Earnings • Oct 29Third quarter 2024 earnings released: EPS: CN¥0.056 (vs CN¥0.058 in 3Q 2023)Third quarter 2024 results: EPS: CN¥0.056 (down from CN¥0.058 in 3Q 2023). Revenue: CN¥263.7m (up 2.9% from 3Q 2023). Net income: CN¥5.18m (down 3.9% from 3Q 2023). Profit margin: 2.0% (down from 2.1% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 29% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Multiline Retail industry in China.
Valuation Update With 7 Day Price Move • Oct 14Investor sentiment improves as stock rises 28%After last week's 28% share price gain to CN¥43.19, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 20x in the Multiline Retail industry in China. Total returns to shareholders of 32% over the past year.
분석 기사 • Oct 13Qingmu Tec Co., Ltd. (SZSE:301110) Looks Just Right With A 35% Price JumpQingmu Tec Co., Ltd. ( SZSE:301110 ) shares have had a really impressive month, gaining 35% after a shaky period...
공시 • Sep 30Qingmu Tec Co., Ltd. to Report Q3, 2024 Results on Oct 29, 2024Qingmu Tec Co., Ltd. announced that they will report Q3, 2024 results on Oct 29, 2024
분석 기사 • Sep 30Investors Could Be Concerned With Qingmu Tec's (SZSE:301110) Returns On CapitalDid you know there are some financial metrics that can provide clues of a potential multi-bagger? Firstly, we'd want to...
Valuation Update With 7 Day Price Move • Sep 27Investor sentiment improves as stock rises 17%After last week's 17% share price gain to CN¥30.09, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 19x in the Multiline Retail industry in China. Total loss to shareholders of 13% over the past year.
New Risk • Sep 25New major risk - Dividend sustainabilityThe dividend is not well covered by earnings and cash flows. Payout ratio: 99% The company is paying a dividend despite having no free cash flows. Dividend yield: 2.8% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 99% Paying a dividend despite having no free cash flows. High level of non-cash earnings (22% accrual ratio).
공시 • Sep 20Qingmu Tec Co., Ltd. Approves Interim Dividend for 2024Qingmu Tec Co., Ltd. at its Extraordinary General Meeting held on 18 September 2024 approved interim cash dividend of CNY 4.00000000 per 10 shares (tax included) for 2024.
Reported Earnings • Aug 31Second quarter 2024 earnings released: EPS: CN¥0.46 (vs CN¥0.33 in 2Q 2023)Second quarter 2024 results: EPS: CN¥0.46 (up from CN¥0.33 in 2Q 2023). Revenue: CN¥317.9m (up 31% from 2Q 2023). Net income: CN¥42.9m (up 36% from 2Q 2023). Profit margin: 14% (in line with 2Q 2023). Revenue is forecast to grow 28% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Multiline Retail industry in China.
분석 기사 • Jul 19What You Can Learn From Qingmu Tec Co., Ltd.'s (SZSE:301110) P/EQingmu Tec Co., Ltd.'s ( SZSE:301110 ) price-to-earnings (or "P/E") ratio of 37.5x might make it look like a sell right...
공시 • Jun 29Qingmu Digital Technology Co.,Ltd. to Report First Half, 2024 Results on Aug 30, 2024Qingmu Digital Technology Co.,Ltd. announced that they will report first half, 2024 results on Aug 30, 2024
분석 기사 • Apr 30Shareholders Can Be Confident That Qingmu Digital TechnologyLtd's (SZSE:301110) Earnings Are High QualityQingmu Digital Technology Co.,Ltd. ( SZSE:301110 ) just reported healthy earnings but the stock price didn't move much...
공시 • Apr 24Qingmu Digital Technology Co.,Ltd., Annual General Meeting, May 21, 2024Qingmu Digital Technology Co.,Ltd., Annual General Meeting, May 21, 2024, at 14:00 China Standard Time. Location: 4F, Building 1, Phase 2, No. 189, Dunhe Road, Guangzhou Avenue South, Guangzhou, Guangdong China
Reported Earnings • Apr 24First quarter 2024 earnings released: EPS: CN¥0.36 (vs CN¥0.15 in 1Q 2023)First quarter 2024 results: EPS: CN¥0.36 (up from CN¥0.15 in 1Q 2023). Revenue: CN¥226.3m (up 6.3% from 1Q 2023). Net income: CN¥24.2m (up 148% from 1Q 2023). Profit margin: 11% (up from 4.6% in 1Q 2023).
New Risk • Apr 24New major risk - Revenue and earnings growthEarnings have declined by 7.0% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 7.0% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (12% average weekly change). Profit margins are more than 30% lower than last year (8.1% net profit margin).
분석 기사 • Apr 22Investors Could Be Concerned With Qingmu Digital TechnologyLtd's (SZSE:301110) Returns On CapitalThere are a few key trends to look for if we want to identify the next multi-bagger. Ideally, a business will show two...
Valuation Update With 7 Day Price Move • Apr 16Investor sentiment deteriorates as stock falls 22%After last week's 22% share price decline to CN¥29.00, the stock trades at a trailing P/E ratio of 26x. Average trailing P/E is 28x in the Multiline Retail industry in China. Total loss to shareholders of 44% over the past year.
공시 • Mar 30Qingmu Digital Technology Co.,Ltd. to Report Q1, 2024 Results on Apr 24, 2024Qingmu Digital Technology Co.,Ltd. announced that they will report Q1, 2024 results on Apr 24, 2024
New Risk • Mar 14New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Dividend is not well covered by cash flows (168% cash payout ratio). Share price has been volatile over the past 3 months (11% average weekly change). Profit margins are more than 30% lower than last year (8.1% net profit margin).
Valuation Update With 7 Day Price Move • Feb 21Investor sentiment improves as stock rises 17%After last week's 17% share price gain to CN¥30.68, the stock trades at a trailing P/E ratio of 27.5x. Average trailing P/E is 24x in the Multiline Retail industry in China. Total loss to shareholders of 24% over the past year.
공시 • Feb 10Qingmu Digital Technology Co.,Ltd. (SZSE:301110) announces an Equity Buyback for CNY 40 million worth of its shares.Qingmu Digital Technology Co.,Ltd. (SZSE:301110) announces a share repurchase program. Under the program, the company will repurchase up to CNY 40 million worth of its shares. The repurchase price will not more than CNY 40 per Share. The repurchased shares will be used for employee stock ownership plan or equity incentives. The repurchases will be funded using company's own funds. The repurchase period will be not more than 12 months.
New Risk • Feb 05New 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 7.1% 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 Dividend is not well covered by cash flows (168% cash payout ratio). Share price has been volatile over the past 3 months (7.1% average weekly change). Profit margins are more than 30% lower than last year (8.1% net profit margin).
Valuation Update With 7 Day Price Move • Feb 01Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to CN¥31.16, the stock trades at a trailing P/E ratio of 27.9x. Average trailing P/E is 25x in the Multiline Retail industry in China. Total loss to shareholders of 24% over the past year.
공시 • Dec 30Qingmu Digital Technology Co.,Ltd. to Report Fiscal Year 2023 Results on Apr 24, 2024Qingmu Digital Technology Co.,Ltd. announced that they will report fiscal year 2023 results on Apr 24, 2024
Reported Earnings • Nov 01Third quarter 2023 earnings released: CN¥0.22 loss per share (vs CN¥0.083 profit in 3Q 2022)Third quarter 2023 results: CN¥0.22 loss per share (down from CN¥0.083 profit in 3Q 2022). Revenue: CN¥199.4m (up 7.1% from 3Q 2022). Net loss: CN¥14.5m (down 363% from profit in 3Q 2022).
공시 • Sep 30Qingmu Digital Technology Co.,Ltd. to Report Q3, 2023 Results on Oct 30, 2023Qingmu Digital Technology Co.,Ltd. announced that they will report Q3, 2023 results on Oct 30, 2023
Reported Earnings • Aug 28Second quarter 2023 earnings released: EPS: CN¥0.46 (vs CN¥0.24 in 2Q 2022)Second quarter 2023 results: EPS: CN¥0.46 (up from CN¥0.24 in 2Q 2022). Revenue: CN¥241.9m (up 13% from 2Q 2022). Net income: CN¥31.5m (up 95% from 2Q 2022). Profit margin: 13% (up from 7.6% in 2Q 2022). The increase in margin was driven by higher revenue.
Valuation Update With 7 Day Price Move • May 15Investor sentiment improves as stock rises 15%After last week's 15% share price gain to CN¥56.69, the stock trades at a trailing P/E ratio of 64.1x. Average trailing P/E is 31x in the Multiline Retail industry in China. Total returns to shareholders of 6.3% over the past year.
Reported Earnings • Apr 16First quarter 2023 earnings released: EPS: CN¥0.15 (vs CN¥0.32 in 1Q 2022)First quarter 2023 results: EPS: CN¥0.15 (down from CN¥0.32 in 1Q 2022). Revenue: CN¥212.8m (up 22% from 1Q 2022). Net income: CN¥9.77m (down 39% from 1Q 2022). Profit margin: 4.6% (down from 9.2% in 1Q 2022). The decrease in margin was driven by higher expenses.
Valuation Update With 7 Day Price Move • Apr 10Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to CN¥52.92, the stock trades at a trailing P/E ratio of 32.3x. Average trailing P/E is 34x in the Multiline Retail industry in China. Total returns to shareholders of 15% over the past year.
Valuation Update With 7 Day Price Move • Mar 16Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CN¥47.28, the stock trades at a trailing P/E ratio of 28.9x. Average trailing P/E is 23x in the Online Retail industry in Asia. Total loss to shareholders of 23% over the past year.
Valuation Update With 7 Day Price Move • Feb 07Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CN¥45.21, the stock trades at a trailing P/E ratio of 27.6x. Average trailing P/E is 23x in the Online Retail industry in Asia.
Board Change • Nov 16No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. No highly experienced directors. No independent directors (4 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.
Reported Earnings • Oct 28Third quarter 2022 earnings released: EPS: CN¥0.083 (vs CN¥0.80 in 3Q 2021)Third quarter 2022 results: EPS: CN¥0.083 (down from CN¥0.80 in 3Q 2021). Revenue: CN¥186.2m (down 17% from 3Q 2021). Net income: CN¥5.52m (down 86% from 3Q 2021). Profit margin: 3.0% (down from 18% in 3Q 2021). The decrease in margin was driven by lower revenue.
Reported Earnings • Aug 29Second quarter 2022 earnings released: EPS: CN¥0.24 (vs CN¥0.78 in 2Q 2021)Second quarter 2022 results: EPS: CN¥0.24 (down from CN¥0.78 in 2Q 2021). Revenue: CN¥214.0m (up 1.2% from 2Q 2021). Net income: CN¥16.2m (down 58% from 2Q 2021). Profit margin: 7.6% (down from 18% in 2Q 2021). The decrease in margin was driven by higher expenses.
공시 • May 26Qingmu Digital Technology Co.,Ltd. Announces 2021 Final Profit Distribution Plan to Be Implemented (A Shares), Payable on 31 May 2022Qingmu Digital Technology Co.,Ltd. announced 2021 final profit distribution plan to be implemented (A shares) of Cash dividend/10 shares (tax included): CNY 6.00000000. Record date is 30 May 2022, Ex-date is 31 May 2022 and payment date is 31 May 2022.
공시 • May 19Qingmu Digital Technology Co.,Ltd. Approves the Final Cash Dividend for the Year 2021Qingmu Digital Technology Co.,Ltd. approved the final cash dividend of CNY 6.00000000 per 10 shares (tax included) for the year 2021.
Valuation Update With 7 Day Price Move • May 09Investor sentiment improved over the past weekAfter last week's 16% share price gain to CN¥50.42, the stock trades at a trailing P/E ratio of 24.8x. Average trailing P/E is 39x in the IT industry in China.
Board Change • Apr 27No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. No highly experienced directors. No independent directors (4 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.
공시 • Apr 26Qingmu Digital Technology Co.,Ltd. Proposes Final Dividend for the Year 2021Qingmu Digital Technology Co.,Ltd. proposed final cash dividend of CNY 6.00000000 per 10 shares (tax included) for the year 2021.