View ValuationGrinm Advanced Materials 향후 성장Future 기준 점검 0/6Grinm Advanced Materials의 수익이 증가할 것으로 예상됨입니다.핵심 정보n/a이익 성장률n/aEPS 성장률Semiconductor 이익 성장48.4%매출 성장률6.8%향후 자기자본이익률12.20%애널리스트 커버리지Low마지막 업데이트02 Jun 2026최근 향후 성장 업데이트업데이트 없음모든 업데이트 보기Recent updatesNew Risk • Jul 01New 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 Risks Share price has been highly volatile over the past 3 months (11% average weekly change). Earnings have declined by 0.9% per year over the past 5 years. High level of non-cash earnings (32% accrual ratio).공고 • Jun 30Grinm Advanced Materials Co., Ltd. to Report First Half, 2026 Results on Aug 25, 2026Grinm Advanced Materials Co., Ltd. announced that they will report first half, 2026 results on Aug 25, 2026공고 • Apr 25Grinm Advanced Materials Co., Ltd., Annual General Meeting, May 19, 2026Grinm Advanced Materials Co., Ltd., Annual General Meeting, May 19, 2026, at 14:00 China Standard Time. Location: 18F, Block D, No. 2, Xinjiekouwai Avenue, Xicheng District, Beijing China공고 • Mar 30Grinm Advanced Materials Co., Ltd. to Report Q1, 2026 Results on Apr 30, 2026Grinm Advanced Materials Co., Ltd. announced that they will report Q1, 2026 results on Apr 30, 2026공고 • Dec 26Grinm Advanced Materials Co., Ltd. to Report Fiscal Year 2025 Results on Apr 25, 2026Grinm Advanced Materials Co., Ltd. announced that they will report fiscal year 2025 results on Apr 25, 2026공고 • Sep 30Grinm Advanced Materials Co., Ltd. to Report Q3, 2025 Results on Oct 31, 2025Grinm Advanced Materials Co., Ltd. announced that they will report Q3, 2025 results on Oct 31, 2025공고 • Jun 30Grinm Advanced Materials Co., Ltd. to Report First Half, 2025 Results on Aug 30, 2025Grinm Advanced Materials Co., Ltd. announced that they will report first half, 2025 results on Aug 30, 2025공고 • Apr 30Grinm Advanced Materials Co., Ltd., Annual General Meeting, May 29, 2025Grinm Advanced Materials Co., Ltd., Annual General Meeting, May 29, 2025, at 14:00 China Standard Time. Location: 18F, Block D, No. 2, Xinjiekouwai Avenue, Xicheng District, Beijing China공고 • Mar 28Grinm Advanced Materials Co., Ltd. to Report Q1, 2025 Results on Apr 30, 2025Grinm Advanced Materials Co., Ltd. announced that they will report Q1, 2025 results on Apr 30, 2025공고 • Dec 27Grinm Advanced Materials Co., Ltd. to Report Fiscal Year 2024 Results on Apr 30, 2025Grinm Advanced Materials Co., Ltd. announced that they will report fiscal year 2024 results on Apr 30, 2025Valuation Update With 7 Day Price Move • Nov 07Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CN¥13.29, the stock trades at a trailing P/E ratio of 55.9x. Average forward P/E is 38x in the Semiconductor industry in China. Negligible returns to shareholders over past three years.Reported Earnings • Oct 31Third quarter 2024 earnings released: EPS: CN¥0.087 (vs CN¥0.10 in 3Q 2023)Third quarter 2024 results: EPS: CN¥0.087 (down from CN¥0.10 in 3Q 2023). Revenue: CN¥2.22b (down 17% from 3Q 2023). Net income: CN¥73.7m (down 15% from 3Q 2023). Profit margin: 3.3% (in line with 3Q 2023). Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 23% growth forecast for the Semiconductor industry in China. Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings.Valuation Update With 7 Day Price Move • Sep 30Investor sentiment improves as stock rises 22%After last week's 22% share price gain to CN¥10.88, the stock trades at a trailing P/E ratio of 42.9x. Average forward P/E is 29x in the Semiconductor industry in China. Total loss to shareholders of 15% over the past three years.공고 • Sep 30Grinm Advanced Materials Co., Ltd. to Report Q3, 2024 Results on Oct 31, 2024Grinm Advanced Materials Co., Ltd. announced that they will report Q3, 2024 results on Oct 31, 2024New Risk • Sep 20New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 32% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Paying a dividend despite having no free cash flows. Large one-off items impacting financial results.Reported Earnings • Aug 23Second quarter 2024 earnings released: EPS: CN¥0.032 (vs CN¥0.016 in 2Q 2023)Second quarter 2024 results: EPS: CN¥0.032 (up from CN¥0.016 in 2Q 2023). Revenue: CN¥2.28b (down 13% from 2Q 2023). Net income: CN¥40.4m (up 187% from 2Q 2023). Profit margin: 1.8% (up from 0.5% in 2Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 22% growth forecast for the Semiconductor industry in China. Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has fallen by 19% per year, which means it is performing significantly worse than earnings.공고 • Jun 28Grinm Advanced Materials Co., Ltd. to Report First Half, 2024 Results on Aug 23, 2024Grinm Advanced Materials Co., Ltd. announced that they will report first half, 2024 results on Aug 23, 2024Board Change • Jun 01Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. No highly experienced directors. Chairman Hai Yang was the last director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.New Risk • Apr 16New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 21% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Paying a dividend despite having no free cash flows. Large one-off items impacting financial results.Reported Earnings • Apr 14Full year 2023 earnings released: EPS: CN¥0.27 (vs CN¥0.32 in FY 2022)Full year 2023 results: EPS: CN¥0.27 (down from CN¥0.32 in FY 2022). Revenue: CN¥10.8b (down 29% from FY 2022). Net income: CN¥226.5m (down 16% from FY 2022). Profit margin: 2.1% (up from 1.8% in FY 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 12% p.a. on average during the next 2 years, compared to a 23% growth forecast for the Semiconductor industry in China. Over the last 3 years on average, earnings per share has fallen by 5% per year whereas the company’s share price has fallen by 1% per year.공고 • Apr 13Grinm Advanced Materials Co., Ltd., Annual General Meeting, May 13, 2024Grinm Advanced Materials Co., Ltd., Annual General Meeting, May 13, 2024, at 14:00 China Standard Time.공고 • Mar 29Grinm Advanced Materials Co., Ltd. to Report Q1, 2024 Results on Apr 30, 2024Grinm Advanced Materials Co., Ltd. announced that they will report Q1, 2024 results on Apr 30, 2024공고 • Feb 28Grinm Advanced Materials Co., Ltd. (SHSE:600206) announces an Equity Buyback for CNY 60 million worth of its shares.Grinm Advanced Materials Co., Ltd. (SHSE:600206) announces a share repurchase program. Under the program, the company will repurchase up to CNY 60 million worth of its shares. The shares will be repurchased at a price not more than CNY 15.53 per share. The shares repurchased are intended to be used to maintain the company's value and shareholders' rights or to be used for equity incentives and employee stock ownership plans at appropriate times in the future. The funds for the repurchases are a part of the company’s over-raised funds. The program will be valid for a period of 3 months.Valuation Update With 7 Day Price Move • Feb 02Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to CN¥8.97, the stock trades at a trailing P/E ratio of 50.7x. Average forward P/E is 25x in the Semiconductor industry in China. Total loss to shareholders of 16% over the past three years.공고 • Dec 30Grinm Advanced Materials Co., Ltd. to Report Fiscal Year 2023 Results on Apr 13, 2024Grinm Advanced Materials Co., Ltd. announced that they will report fiscal year 2023 results on Apr 13, 2024New Risk • Oct 21New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 38% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.3% net profit margin).Reported Earnings • Oct 20Third quarter 2023 earnings released: EPS: CN¥0.10 (vs CN¥0.092 in 3Q 2022)Third quarter 2023 results: EPS: CN¥0.10 (up from CN¥0.092 in 3Q 2022). Revenue: CN¥2.67b (down 38% from 3Q 2022). Net income: CN¥86.8m (up 22% from 3Q 2022). Profit margin: 3.3% (up from 1.6% in 3Q 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 25% growth forecast for the Semiconductor industry in China. Over the last 3 years on average, earnings per share has fallen by 2% per year whereas the company’s share price has fallen by 6% per year.공고 • Sep 30Grinm Advanced Materials Co., Ltd. to Report Q3, 2023 Results on Oct 19, 2023Grinm Advanced Materials Co., Ltd. announced that they will report Q3, 2023 results on Oct 19, 2023New Risk • Sep 01New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 83% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.0% net profit margin).New Risk • Aug 26New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 1.0% Last year net profit margin: 1.8% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. 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. Profit margins are more than 30% lower than last year (1.0% net profit margin).공고 • Jun 28Grinm Advanced Materials Co., Ltd. to Report First Half, 2023 Results on Aug 26, 2023Grinm Advanced Materials Co., Ltd. announced that they will report first half, 2023 results on Aug 26, 2023Reported Earnings • Apr 28First quarter 2023 earnings released: EPS: CN¥0.046 (vs CN¥0.12 in 1Q 2022)First quarter 2023 results: EPS: CN¥0.046 (down from CN¥0.12 in 1Q 2022). Revenue: CN¥3.02b (down 23% from 1Q 2022). Net income: CN¥38.8m (down 63% from 1Q 2022). Profit margin: 1.3% (down from 2.7% in 1Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.Reported Earnings • Oct 30Third quarter 2022 earnings released: EPS: CN¥0.092 (vs CN¥0.094 in 3Q 2021)Third quarter 2022 results: EPS: CN¥0.092. Revenue: CN¥4.33b (down 6.8% from 3Q 2021). Net income: CN¥70.9m (up 1.3% from 3Q 2021). Profit margin: 1.6% (up from 1.5% in 3Q 2021). The increase in margin was driven by lower expenses.Reported Earnings • Aug 29Second quarter 2022 earnings released: EPS: CN¥0.10 (vs CN¥0.099 in 2Q 2021)Second quarter 2022 results: EPS: CN¥0.10 (up from CN¥0.099 in 2Q 2021). Revenue: CN¥3.50b (down 12% from 2Q 2021). Net income: CN¥85.2m (up 5.9% from 2Q 2021). Profit margin: 2.4% (up from 2.0% in 2Q 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Aug 27Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to CN¥14.98, the stock trades at a trailing P/E ratio of 45.1x. Average trailing P/E is 54x in the Semiconductor industry in China. Total returns to shareholders of 46% over the past three years.Board Change • Apr 27Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 9 experienced directors. 3 highly experienced directors. Independent Director Peng Xia was the last director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.Reported Earnings • Apr 17Full year 2021 earnings released: EPS: CN¥0.30 (vs CN¥0.20 in FY 2020)Full year 2021 results: EPS: CN¥0.30 (up from CN¥0.20 in FY 2020). Revenue: CN¥16.1b (up 24% from FY 2020). Net income: CN¥238.8m (up 40% from FY 2020). Profit margin: 1.5% (up from 1.3% in FY 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth.Board Change • Apr 01Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 9 experienced directors. 3 highly experienced directors. Independent Director Peng Xia was the last director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.Board Change • Mar 02Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 9 experienced directors. 3 highly experienced directors. Independent Director Peng Xia was the last director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.Reported Earnings • Oct 28Third quarter 2021 earnings released: EPS CN¥0.094 (vs CN¥0.098 in 3Q 2020)The company reported a soft third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: CN¥4.64b (up 28% from 3Q 2020). Net income: CN¥70.0m (down 16% from 3Q 2020). Profit margin: 1.5% (down from 2.3% in 3Q 2020). Over the last 3 years on average, earnings per share has increased by 47% per year but the company’s share price has only increased by 29% per year, which means it is significantly lagging earnings growth.Reported Earnings • Aug 24Second quarter 2021 earnings released: EPS CN¥0.099 (vs CN¥0.072 in 2Q 2020)The company reported a solid second quarter result with improved earnings and revenues, although profit margins were weaker. Second quarter 2021 results: Revenue: CN¥3.98b (up 39% from 2Q 2020). Net income: CN¥80.5m (up 35% from 2Q 2020). Profit margin: 2.0% (down from 2.1% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 50% per year but the company’s share price has only increased by 28% per year, which means it is significantly lagging earnings growth.Reported Earnings • Apr 16Full year 2020 earnings released: EPS CN¥0.20 (vs CN¥0.13 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: CN¥13.0b (up 24% from FY 2019). Net income: CN¥170.3m (up 61% from FY 2019). Profit margin: 1.3% (up from 1.0% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 49% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.Is New 90 Day High Low • Jan 28New 90-day low: CN¥12.58The company is down 9.0% from its price of CN¥13.76 on 30 October 2020. The Chinese market is up 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Semiconductor industry, which is up 24% over the same period.Is New 90 Day High Low • Dec 28New 90-day low: CN¥13.07The company is down 2.0% from its price of CN¥13.29 on 30 September 2020. The Chinese market is up 6.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Semiconductor industry, which is up 15% over the same period.Is New 90 Day High Low • Nov 17New 90-day high: CN¥15.60The company is up 8.0% from its price of CN¥14.43 on 19 August 2020. The Chinese market is down 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Semiconductor industry, which is down 7.0% over the same period.Reported Earnings • Oct 20Third quarter earnings releasedOver the last 12 months the company has reported total profits of CN¥180.2m, up 109% from the prior year. Total revenue was CN¥12.0b over the last 12 months, up 37% from the prior year.Is New 90 Day High Low • Sep 25New 90-day low: CN¥13.35The company is down 3.0% from its price of CN¥13.81 on 24 June 2020. The Chinese market is up 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Semiconductor industry, which is up 5.0% over the same period.이익 및 매출 성장 예측XSSC:600206 - 애널리스트 향후 추정치 및 과거 재무 데이터 (CNY Millions)날짜매출이익자유현금흐름영업현금흐름평균 애널리스트 수12/31/202812,865N/AN/A709112/31/202712,099N/AN/A581112/31/202611,326N/AN/A24813/31/202610,659286-1,163-982N/A12/31/20259,542265-288-79N/A9/30/20259,15627892244N/A6/30/20258,703237571674N/A3/31/20258,72321591192N/A12/31/20249,146148-152-55N/A9/30/20249,262201-453-318N/A6/30/20249,713214-586-431N/A3/31/202410,059188-16654N/A12/31/202310,822226-26221N/A9/30/202311,83915095402N/A6/30/202313,495134597979N/A3/31/202314,369205275587N/A12/31/202215,254270-144157N/A9/30/202215,523287180387N/A6/30/202215,837286-598-472N/A3/31/202216,32428199260N/A12/31/202116,059239171304N/A9/30/202116,510233-266-75N/A6/30/202115,508246-268-48N/A3/31/202114,390225-545-331N/A12/31/202012,969170-231-29N/A9/30/202011,966180-488-263N/A6/30/202011,684132-17924N/A3/31/202011,07498-329-133N/A12/31/201910,452106N/A34N/A9/30/20198,75086N/A-123N/A6/30/20196,40482N/A33N/A3/31/20195,36691N/A66N/A12/31/20184,76879N/A112N/A9/30/20184,45863N/A95N/A6/30/20184,47147N/A44N/A3/31/20184,15036N/A-48N/A12/31/20174,08044N/A39N/A9/30/20173,99967N/A-142N/A6/30/20174,01964N/A-196N/A3/31/20174,04755N/A-103N/A12/31/20163,80848N/A-129N/A9/30/20163,50546N/A-281N/A6/30/20163,03825N/A-108N/A3/31/20162,65220N/A-252N/A12/31/20152,59030N/A-115N/A9/30/20152,427140N/A57N/A더 보기애널리스트 향후 성장 전망수입 대 저축률: 600206 의 예상 수익 증가율이 절약률(2.4%)보다 높은지 판단하기에는 데이터가 부족합니다.수익 vs 시장: 600206 의 수익이 CN 시장보다 빠르게 성장할 것으로 예상되는지 판단하기에는 데이터가 부족합니다.고성장 수익: 600206 의 수익이 향후 3년 동안 상당히 증가할 것으로 예상되는지 판단하기에는 데이터가 부족합니다.수익 대 시장: 600206 의 수익(연간 6.8%)이 CN 시장(연간 16%)보다 느리게 성장할 것으로 예상됩니다.고성장 매출: 600206 의 수익(연간 6.8%)은 연간 20%보다 느리게 증가할 것으로 예상됩니다.주당순이익 성장 예측향후 자기자본이익률미래 ROE: 600206의 자본 수익률은 3년 후 12.2%로 낮을 것으로 예상됩니다.성장 기업 찾아보기7D1Y7D1Y7D1YSemiconductors 산업의 고성장 기업.View Past Performance기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/07/23 05:15종가2026/07/23 00:00수익2026/03/31연간 수익2025/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델의 세부 정보는 당사의 GitHub 페이지에서 확인하실 수 있습니다. 또한 보고서 사용 방법에 대한 가이드와 YouTube 튜토리얼도 제공하고 있습니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Grinm Advanced Materials Co., Ltd.는 1명의 분석가가 다루고 있습니다. 이 중 1명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Chao LiCitic Securities Co., Ltd.
New Risk • Jul 01New 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 Risks Share price has been highly volatile over the past 3 months (11% average weekly change). Earnings have declined by 0.9% per year over the past 5 years. High level of non-cash earnings (32% accrual ratio).
공고 • Jun 30Grinm Advanced Materials Co., Ltd. to Report First Half, 2026 Results on Aug 25, 2026Grinm Advanced Materials Co., Ltd. announced that they will report first half, 2026 results on Aug 25, 2026
공고 • Apr 25Grinm Advanced Materials Co., Ltd., Annual General Meeting, May 19, 2026Grinm Advanced Materials Co., Ltd., Annual General Meeting, May 19, 2026, at 14:00 China Standard Time. Location: 18F, Block D, No. 2, Xinjiekouwai Avenue, Xicheng District, Beijing China
공고 • Mar 30Grinm Advanced Materials Co., Ltd. to Report Q1, 2026 Results on Apr 30, 2026Grinm Advanced Materials Co., Ltd. announced that they will report Q1, 2026 results on Apr 30, 2026
공고 • Dec 26Grinm Advanced Materials Co., Ltd. to Report Fiscal Year 2025 Results on Apr 25, 2026Grinm Advanced Materials Co., Ltd. announced that they will report fiscal year 2025 results on Apr 25, 2026
공고 • Sep 30Grinm Advanced Materials Co., Ltd. to Report Q3, 2025 Results on Oct 31, 2025Grinm Advanced Materials Co., Ltd. announced that they will report Q3, 2025 results on Oct 31, 2025
공고 • Jun 30Grinm Advanced Materials Co., Ltd. to Report First Half, 2025 Results on Aug 30, 2025Grinm Advanced Materials Co., Ltd. announced that they will report first half, 2025 results on Aug 30, 2025
공고 • Apr 30Grinm Advanced Materials Co., Ltd., Annual General Meeting, May 29, 2025Grinm Advanced Materials Co., Ltd., Annual General Meeting, May 29, 2025, at 14:00 China Standard Time. Location: 18F, Block D, No. 2, Xinjiekouwai Avenue, Xicheng District, Beijing China
공고 • Mar 28Grinm Advanced Materials Co., Ltd. to Report Q1, 2025 Results on Apr 30, 2025Grinm Advanced Materials Co., Ltd. announced that they will report Q1, 2025 results on Apr 30, 2025
공고 • Dec 27Grinm Advanced Materials Co., Ltd. to Report Fiscal Year 2024 Results on Apr 30, 2025Grinm Advanced Materials Co., Ltd. announced that they will report fiscal year 2024 results on Apr 30, 2025
Valuation Update With 7 Day Price Move • Nov 07Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CN¥13.29, the stock trades at a trailing P/E ratio of 55.9x. Average forward P/E is 38x in the Semiconductor industry in China. Negligible returns to shareholders over past three years.
Reported Earnings • Oct 31Third quarter 2024 earnings released: EPS: CN¥0.087 (vs CN¥0.10 in 3Q 2023)Third quarter 2024 results: EPS: CN¥0.087 (down from CN¥0.10 in 3Q 2023). Revenue: CN¥2.22b (down 17% from 3Q 2023). Net income: CN¥73.7m (down 15% from 3Q 2023). Profit margin: 3.3% (in line with 3Q 2023). Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 23% growth forecast for the Semiconductor industry in China. Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings.
Valuation Update With 7 Day Price Move • Sep 30Investor sentiment improves as stock rises 22%After last week's 22% share price gain to CN¥10.88, the stock trades at a trailing P/E ratio of 42.9x. Average forward P/E is 29x in the Semiconductor industry in China. Total loss to shareholders of 15% over the past three years.
공고 • Sep 30Grinm Advanced Materials Co., Ltd. to Report Q3, 2024 Results on Oct 31, 2024Grinm Advanced Materials Co., Ltd. announced that they will report Q3, 2024 results on Oct 31, 2024
New Risk • Sep 20New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 32% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Paying a dividend despite having no free cash flows. Large one-off items impacting financial results.
Reported Earnings • Aug 23Second quarter 2024 earnings released: EPS: CN¥0.032 (vs CN¥0.016 in 2Q 2023)Second quarter 2024 results: EPS: CN¥0.032 (up from CN¥0.016 in 2Q 2023). Revenue: CN¥2.28b (down 13% from 2Q 2023). Net income: CN¥40.4m (up 187% from 2Q 2023). Profit margin: 1.8% (up from 0.5% in 2Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 22% growth forecast for the Semiconductor industry in China. Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has fallen by 19% per year, which means it is performing significantly worse than earnings.
공고 • Jun 28Grinm Advanced Materials Co., Ltd. to Report First Half, 2024 Results on Aug 23, 2024Grinm Advanced Materials Co., Ltd. announced that they will report first half, 2024 results on Aug 23, 2024
Board Change • Jun 01Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. No highly experienced directors. Chairman Hai Yang was the last director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.
New Risk • Apr 16New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 21% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Paying a dividend despite having no free cash flows. Large one-off items impacting financial results.
Reported Earnings • Apr 14Full year 2023 earnings released: EPS: CN¥0.27 (vs CN¥0.32 in FY 2022)Full year 2023 results: EPS: CN¥0.27 (down from CN¥0.32 in FY 2022). Revenue: CN¥10.8b (down 29% from FY 2022). Net income: CN¥226.5m (down 16% from FY 2022). Profit margin: 2.1% (up from 1.8% in FY 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 12% p.a. on average during the next 2 years, compared to a 23% growth forecast for the Semiconductor industry in China. Over the last 3 years on average, earnings per share has fallen by 5% per year whereas the company’s share price has fallen by 1% per year.
공고 • Apr 13Grinm Advanced Materials Co., Ltd., Annual General Meeting, May 13, 2024Grinm Advanced Materials Co., Ltd., Annual General Meeting, May 13, 2024, at 14:00 China Standard Time.
공고 • Mar 29Grinm Advanced Materials Co., Ltd. to Report Q1, 2024 Results on Apr 30, 2024Grinm Advanced Materials Co., Ltd. announced that they will report Q1, 2024 results on Apr 30, 2024
공고 • Feb 28Grinm Advanced Materials Co., Ltd. (SHSE:600206) announces an Equity Buyback for CNY 60 million worth of its shares.Grinm Advanced Materials Co., Ltd. (SHSE:600206) announces a share repurchase program. Under the program, the company will repurchase up to CNY 60 million worth of its shares. The shares will be repurchased at a price not more than CNY 15.53 per share. The shares repurchased are intended to be used to maintain the company's value and shareholders' rights or to be used for equity incentives and employee stock ownership plans at appropriate times in the future. The funds for the repurchases are a part of the company’s over-raised funds. The program will be valid for a period of 3 months.
Valuation Update With 7 Day Price Move • Feb 02Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to CN¥8.97, the stock trades at a trailing P/E ratio of 50.7x. Average forward P/E is 25x in the Semiconductor industry in China. Total loss to shareholders of 16% over the past three years.
공고 • Dec 30Grinm Advanced Materials Co., Ltd. to Report Fiscal Year 2023 Results on Apr 13, 2024Grinm Advanced Materials Co., Ltd. announced that they will report fiscal year 2023 results on Apr 13, 2024
New Risk • Oct 21New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 38% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.3% net profit margin).
Reported Earnings • Oct 20Third quarter 2023 earnings released: EPS: CN¥0.10 (vs CN¥0.092 in 3Q 2022)Third quarter 2023 results: EPS: CN¥0.10 (up from CN¥0.092 in 3Q 2022). Revenue: CN¥2.67b (down 38% from 3Q 2022). Net income: CN¥86.8m (up 22% from 3Q 2022). Profit margin: 3.3% (up from 1.6% in 3Q 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 25% growth forecast for the Semiconductor industry in China. Over the last 3 years on average, earnings per share has fallen by 2% per year whereas the company’s share price has fallen by 6% per year.
공고 • Sep 30Grinm Advanced Materials Co., Ltd. to Report Q3, 2023 Results on Oct 19, 2023Grinm Advanced Materials Co., Ltd. announced that they will report Q3, 2023 results on Oct 19, 2023
New Risk • Sep 01New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 83% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.0% net profit margin).
New Risk • Aug 26New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 1.0% Last year net profit margin: 1.8% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. 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. Profit margins are more than 30% lower than last year (1.0% net profit margin).
공고 • Jun 28Grinm Advanced Materials Co., Ltd. to Report First Half, 2023 Results on Aug 26, 2023Grinm Advanced Materials Co., Ltd. announced that they will report first half, 2023 results on Aug 26, 2023
Reported Earnings • Apr 28First quarter 2023 earnings released: EPS: CN¥0.046 (vs CN¥0.12 in 1Q 2022)First quarter 2023 results: EPS: CN¥0.046 (down from CN¥0.12 in 1Q 2022). Revenue: CN¥3.02b (down 23% from 1Q 2022). Net income: CN¥38.8m (down 63% from 1Q 2022). Profit margin: 1.3% (down from 2.7% in 1Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Oct 30Third quarter 2022 earnings released: EPS: CN¥0.092 (vs CN¥0.094 in 3Q 2021)Third quarter 2022 results: EPS: CN¥0.092. Revenue: CN¥4.33b (down 6.8% from 3Q 2021). Net income: CN¥70.9m (up 1.3% from 3Q 2021). Profit margin: 1.6% (up from 1.5% in 3Q 2021). The increase in margin was driven by lower expenses.
Reported Earnings • Aug 29Second quarter 2022 earnings released: EPS: CN¥0.10 (vs CN¥0.099 in 2Q 2021)Second quarter 2022 results: EPS: CN¥0.10 (up from CN¥0.099 in 2Q 2021). Revenue: CN¥3.50b (down 12% from 2Q 2021). Net income: CN¥85.2m (up 5.9% from 2Q 2021). Profit margin: 2.4% (up from 2.0% in 2Q 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Aug 27Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to CN¥14.98, the stock trades at a trailing P/E ratio of 45.1x. Average trailing P/E is 54x in the Semiconductor industry in China. Total returns to shareholders of 46% over the past three years.
Board Change • Apr 27Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 9 experienced directors. 3 highly experienced directors. Independent Director Peng Xia was the last director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.
Reported Earnings • Apr 17Full year 2021 earnings released: EPS: CN¥0.30 (vs CN¥0.20 in FY 2020)Full year 2021 results: EPS: CN¥0.30 (up from CN¥0.20 in FY 2020). Revenue: CN¥16.1b (up 24% from FY 2020). Net income: CN¥238.8m (up 40% from FY 2020). Profit margin: 1.5% (up from 1.3% in FY 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth.
Board Change • Apr 01Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 9 experienced directors. 3 highly experienced directors. Independent Director Peng Xia was the last director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.
Board Change • Mar 02Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 9 experienced directors. 3 highly experienced directors. Independent Director Peng Xia was the last director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.
Reported Earnings • Oct 28Third quarter 2021 earnings released: EPS CN¥0.094 (vs CN¥0.098 in 3Q 2020)The company reported a soft third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: CN¥4.64b (up 28% from 3Q 2020). Net income: CN¥70.0m (down 16% from 3Q 2020). Profit margin: 1.5% (down from 2.3% in 3Q 2020). Over the last 3 years on average, earnings per share has increased by 47% per year but the company’s share price has only increased by 29% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Aug 24Second quarter 2021 earnings released: EPS CN¥0.099 (vs CN¥0.072 in 2Q 2020)The company reported a solid second quarter result with improved earnings and revenues, although profit margins were weaker. Second quarter 2021 results: Revenue: CN¥3.98b (up 39% from 2Q 2020). Net income: CN¥80.5m (up 35% from 2Q 2020). Profit margin: 2.0% (down from 2.1% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 50% per year but the company’s share price has only increased by 28% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Apr 16Full year 2020 earnings released: EPS CN¥0.20 (vs CN¥0.13 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: CN¥13.0b (up 24% from FY 2019). Net income: CN¥170.3m (up 61% from FY 2019). Profit margin: 1.3% (up from 1.0% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 49% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.
Is New 90 Day High Low • Jan 28New 90-day low: CN¥12.58The company is down 9.0% from its price of CN¥13.76 on 30 October 2020. The Chinese market is up 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Semiconductor industry, which is up 24% over the same period.
Is New 90 Day High Low • Dec 28New 90-day low: CN¥13.07The company is down 2.0% from its price of CN¥13.29 on 30 September 2020. The Chinese market is up 6.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Semiconductor industry, which is up 15% over the same period.
Is New 90 Day High Low • Nov 17New 90-day high: CN¥15.60The company is up 8.0% from its price of CN¥14.43 on 19 August 2020. The Chinese market is down 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Semiconductor industry, which is down 7.0% over the same period.
Reported Earnings • Oct 20Third quarter earnings releasedOver the last 12 months the company has reported total profits of CN¥180.2m, up 109% from the prior year. Total revenue was CN¥12.0b over the last 12 months, up 37% from the prior year.
Is New 90 Day High Low • Sep 25New 90-day low: CN¥13.35The company is down 3.0% from its price of CN¥13.81 on 24 June 2020. The Chinese market is up 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Semiconductor industry, which is up 5.0% over the same period.