View Financial HealthCETC Digital TechnologyLtd 배당 및 자사주 매입배당 기준 점검 3/6CETC Digital TechnologyLtd 수익으로 충분히 충당되는 현재 수익률 1.71% 보유한 배당금 지급 회사입니다.핵심 정보1.7%배당 수익률-0.03%자사주 매입 수익률총 주주 수익률1.7%미래 배당 수익률1.7%배당 성장률10.0%다음 배당 지급일n/a배당락일n/a주당 배당금n/a배당 성향56%최근 배당 및 자사주 매입 업데이트Declared Dividend • Jun 23Dividend reduced to CN¥0.35Dividend of CN¥0.35 is 22% lower than last year. Ex-date: 26th June 2025 Payment date: 26th June 2025 Dividend yield will be 1.6%, which is higher than the industry average of 0.8%. Sustainability & Growth Dividend is covered by earnings (44% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 9.0% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 37% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Declared Dividend • Jun 17Dividend increased to CN¥0.45Dividend of CN¥0.45 is 50% higher than last year. Ex-date: 21st June 2024 Payment date: 21st June 2024 Dividend yield will be 2.4%, which is higher than the industry average of 0.8%. Sustainability & Growth Dividend is covered by earnings (62% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 13% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 68% over the next 3 years, which should provide support to the dividend and adequate earnings cover.모든 업데이트 보기Recent updatesReported Earnings • Apr 30Full year 2025 earnings released: EPS: CN¥0.48 (vs CN¥0.80 in FY 2024)Full year 2025 results: EPS: CN¥0.48 (down from CN¥0.80 in FY 2024). Revenue: CN¥10.7b (flat on FY 2024). Net income: CN¥328.8m (down 40% from FY 2024). Profit margin: 3.1% (down from 5.1% in FY 2024). 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 6% per year.공지 • Apr 30CETC Digital Technology Co.,Ltd., Annual General Meeting, May 22, 2026CETC Digital Technology Co.,Ltd., Annual General Meeting, May 22, 2026, at 14:00 China Standard Time. Location: 2F, No. 269, Boqing Road, Pudong New Area, Shanghai China공지 • Mar 30CETC Digital Technology Co.,Ltd. to Report Q1, 2026 Results on Apr 28, 2026CETC Digital Technology Co.,Ltd. announced that they will report Q1, 2026 results on Apr 28, 2026Valuation Update With 7 Day Price Move • Jan 12Investor sentiment improves as stock rises 20%After last week's 20% share price gain to CN¥35.38, the stock trades at a trailing P/E ratio of 47.8x. Average trailing P/E is 120x in the IT industry in China. Total returns to shareholders of 79% over the past three years.공지 • Dec 26CETC Digital Technology Co.,Ltd. to Report Fiscal Year 2025 Results on Apr 28, 2026CETC Digital Technology Co.,Ltd. announced that they will report fiscal year 2025 results on Apr 28, 2026Reported Earnings • Nov 02Third quarter 2025 earnings released: EPS: CN¥0.21 (vs CN¥0.24 in 3Q 2024)Third quarter 2025 results: EPS: CN¥0.21 (down from CN¥0.24 in 3Q 2024). Revenue: CN¥2.71b (up 4.7% from 3Q 2024). Net income: CN¥147.2m (down 13% from 3Q 2024). Profit margin: 5.4% (down from 6.5% in 3Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 17% growth forecast for the IT industry in China. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 10% per year, which means it is tracking significantly ahead of earnings growth.공지 • Sep 30CETC Digital Technology Co.,Ltd. to Report Q3, 2025 Results on Oct 30, 2025CETC Digital Technology Co.,Ltd. announced that they will report Q3, 2025 results on Oct 30, 2025Valuation Update With 7 Day Price Move • Aug 28Investor sentiment improves as stock rises 17%After last week's 17% share price gain to CN¥31.00, the stock trades at a forward P/E ratio of 32x. Average forward P/E is 50x in the IT industry in China. Total returns to shareholders of 82% over the past three years.공지 • Jun 30CETC Digital Technology Co.,Ltd. to Report First Half, 2025 Results on Aug 16, 2025CETC Digital Technology Co.,Ltd. announced that they will report first half, 2025 results on Aug 16, 2025Declared Dividend • Jun 23Dividend reduced to CN¥0.35Dividend of CN¥0.35 is 22% lower than last year. Ex-date: 26th June 2025 Payment date: 26th June 2025 Dividend yield will be 1.6%, which is higher than the industry average of 0.8%. Sustainability & Growth Dividend is covered by earnings (44% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 9.0% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 37% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Reported Earnings • Apr 15Full year 2024 earnings: EPS and revenues miss analyst expectationsFull year 2024 results: EPS: CN¥0.80 (up from CN¥0.72 in FY 2023). Revenue: CN¥10.7b (up 7.0% from FY 2023). Net income: CN¥550.6m (up 11% from FY 2023). Profit margin: 5.1% (in line with FY 2023). Revenue missed analyst estimates by 3.5%. Earnings per share (EPS) also missed analyst estimates by 4.2%. Revenue is forecast to grow 13% p.a. on average during the next 2 years, compared to a 15% growth forecast for the IT industry in China. Over the last 3 years on average, earnings per share has increased by 8% per year whereas the company’s share price has increased by 9% per year.공지 • Apr 15CETC Digital Technology Co.,Ltd., Annual General Meeting, May 13, 2025CETC Digital Technology Co.,Ltd., Annual General Meeting, May 13, 2025, at 13:30 China Standard Time. Location: 2F, No. 269, Boqing Road, Pudong New Area, Shanghai China공지 • Mar 28CETC Digital Technology Co.,Ltd. to Report Q1, 2025 Results on Apr 30, 2025CETC Digital Technology Co.,Ltd. announced that they will report Q1, 2025 results on Apr 30, 2025분석 기사 • Feb 21CETC Digital Technology Co.,Ltd.'s (SHSE:600850) 28% Share Price Surge Not Quite Adding UpCETC Digital Technology Co.,Ltd. ( SHSE:600850 ) shareholders would be excited to see that the share price has had a...분석 기사 • Feb 05We Think CETC Digital TechnologyLtd (SHSE:600850) Can Stay On Top Of Its DebtHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...Valuation Update With 7 Day Price Move • Jan 06Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to CN¥20.81, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 29x in the IT industry in China. Total loss to shareholders of 16% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥9.71 per share.공지 • Dec 27CETC Digital Technology Co.,Ltd. to Report Fiscal Year 2024 Results on Apr 15, 2025CETC Digital Technology Co.,Ltd. announced that they will report fiscal year 2024 results on Apr 15, 2025분석 기사 • Dec 12Returns On Capital At CETC Digital TechnologyLtd (SHSE:600850) Have StalledTo find a multi-bagger stock, what are the underlying trends we should look for in a business? Firstly, we'll want to...Valuation Update With 7 Day Price Move • Nov 11Investor sentiment improves as stock rises 15%After last week's 15% share price gain to CN¥27.19, the stock trades at a forward P/E ratio of 30x. Average forward P/E is 33x in the IT industry in China. Total loss to shareholders of 4.7% over the past three years.Reported Earnings • Oct 26Third quarter 2024 earnings released: EPS: CN¥0.24 (vs CN¥0.21 in 3Q 2023)Third quarter 2024 results: EPS: CN¥0.24 (up from CN¥0.21 in 3Q 2023). Revenue: CN¥2.59b (down 3.1% from 3Q 2023). Net income: CN¥168.8m (up 15% from 3Q 2023). Profit margin: 6.5% (up from 5.5% in 3Q 2023). 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 16% growth forecast for the IT industry in China. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.분석 기사 • Oct 22CETC Digital Technology Co.,Ltd. (SHSE:600850) Stock Rockets 46% As Investors Are Less Pessimistic Than ExpectedDespite an already strong run, CETC Digital Technology Co.,Ltd. ( SHSE:600850 ) shares have been powering on, with a...Valuation Update With 7 Day Price Move • Oct 22Investor sentiment improves as stock rises 23%After last week's 23% share price gain to CN¥25.92, the stock trades at a forward P/E ratio of 29x. Average forward P/E is 32x in the IT industry in China. Total loss to shareholders of 1.7% over the past three years.분석 기사 • Oct 15Is CETC Digital TechnologyLtd (SHSE:600850) Using Too Much Debt?Warren Buffett famously said, 'Volatility is far from synonymous with risk.' When we think about how risky a company...공지 • Sep 30CETC Digital Technology Co.,Ltd. to Report Q3, 2024 Results on Oct 26, 2024CETC Digital Technology Co.,Ltd. announced that they will report Q3, 2024 results on Oct 26, 2024Valuation Update With 7 Day Price Move • Sep 30Investor sentiment improves as stock rises 19%After last week's 19% share price gain to CN¥21.01, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 24x in the IT industry in China. Total loss to shareholders of 1.5% over the past three years.Reported Earnings • Aug 26Second quarter 2024 earnings released: EPS: CN¥0.13 (vs CN¥0.12 in 2Q 2023)Second quarter 2024 results: EPS: CN¥0.13 (up from CN¥0.12 in 2Q 2023). Revenue: CN¥2.52b (up 10% from 2Q 2023). Net income: CN¥86.0m (up 1.1% from 2Q 2023). Profit margin: 3.4% (down from 3.7% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 15% growth forecast for the IT industry in China. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings.분석 기사 • Jul 02CETC Digital Technology Co.,Ltd.'s (SHSE:600850) Prospects Need A Boost To Lift SharesCETC Digital Technology Co.,Ltd.'s ( SHSE:600850 ) price-to-earnings (or "P/E") ratio of 25.1x might make it look like...공지 • Jun 28CETC Digital Technology Co.,Ltd. to Report First Half, 2024 Results on Aug 24, 2024CETC Digital Technology Co.,Ltd. announced that they will report first half, 2024 results on Aug 24, 2024Declared Dividend • Jun 17Dividend increased to CN¥0.45Dividend of CN¥0.45 is 50% higher than last year. Ex-date: 21st June 2024 Payment date: 21st June 2024 Dividend yield will be 2.4%, which is higher than the industry average of 0.8%. Sustainability & Growth Dividend is covered by earnings (62% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 13% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 68% over the next 3 years, which should provide support to the dividend and adequate earnings cover.분석 기사 • May 25CETC Digital TechnologyLtd (SHSE:600850) May Have Issues Allocating Its CapitalIf we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...Reported Earnings • Apr 30First quarter 2024 earnings released: EPS: CN¥0.069 (vs CN¥0.068 in 1Q 2023)First quarter 2024 results: EPS: CN¥0.069 (up from CN¥0.068 in 1Q 2023). Revenue: CN¥1.99b (up 1.2% from 1Q 2023). Net income: CN¥47.4m (up 2.0% from 1Q 2023). Profit margin: 2.4% (in line with 1Q 2023). Revenue is forecast to grow 20% p.a. on average during the next 2 years, compared to a 20% growth forecast for the IT industry in China. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.분석 기사 • Apr 08CETC Digital TechnologyLtd's (SHSE:600850) Shareholders Have More To Worry About Than Only Soft EarningsInvestors were disappointed by CETC Digital Technology Co.,Ltd.'s ( SHSE:600850 ) latest earnings release. We did some...공지 • Apr 02CETC Digital Technology Co.,Ltd., Annual General Meeting, Apr 24, 2024CETC Digital Technology Co.,Ltd., Annual General Meeting, Apr 24, 2024, at 13:30 China Standard Time. Location: 3F, No. 1188, Xueye Road, Pudong New Area, Shanghai ChinaReported Earnings • Apr 02Full year 2023 earnings released: EPS: CN¥0.72 (vs CN¥0.81 in FY 2022)Full year 2023 results: EPS: CN¥0.72 (down from CN¥0.81 in FY 2022). Revenue: CN¥10.0b (up 1.3% from FY 2022). Net income: CN¥497.0m (down 4.4% from FY 2022). Profit margin: 5.0% (down from 5.3% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 18% p.a. on average during the next 2 years, compared to a 18% growth forecast for the IT industry in China. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.공지 • Mar 29CETC Digital Technology Co.,Ltd. to Report Q1, 2024 Results on Apr 30, 2024CETC Digital Technology Co.,Ltd. announced that they will report Q1, 2024 results on Apr 30, 2024Buy Or Sell Opportunity • Mar 27Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 12% to CN¥18.75. The fair value is estimated to be CN¥23.66, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.4% over the last 3 years. Earnings per share has grown by 10%. Revenue is forecast to grow by 45% in 2 years. Earnings are forecast to grow by 90% in the next 2 years.분석 기사 • Mar 25CETC Digital TechnologyLtd (SHSE:600850) Has A Rock Solid Balance SheetThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...분석 기사 • Mar 04Further Upside For CETC Digital Technology Co.,Ltd. (SHSE:600850) Shares Could Introduce Price Risks After 29% BounceCETC Digital Technology Co.,Ltd. ( SHSE:600850 ) shareholders are no doubt pleased to see that the share price has...Reported Earnings • Feb 24Full year 2023 earnings released: EPS: CN¥0.72 (vs CN¥0.81 in FY 2022)Full year 2023 results: EPS: CN¥0.72 (down from CN¥0.81 in FY 2022). Revenue: CN¥10.0b (up 1.3% from FY 2022). Net income: CN¥497.0m (down 4.4% from FY 2022). Profit margin: 5.0% (down from 5.3% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 18% p.a. on average during the next 2 years, compared to a 19% growth forecast for the IT industry in China. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Feb 05Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to CN¥15.36, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 20x in the IT industry in China. Total loss to shareholders of 4.9% over the past three years.Buying Opportunity • Jan 08Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 15%. The fair value is estimated to be CN¥25.68, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.0% over the last 3 years. Earnings per share has grown by 11%. Revenue is forecast to grow by 42% in 2 years. Earnings is forecast to grow by 77% in the next 2 years.공지 • Dec 30CETC Digital Technology Co.,Ltd. to Report Fiscal Year 2023 Results on Apr 02, 2024CETC Digital Technology Co.,Ltd. announced that they will report fiscal year 2023 results on Apr 02, 2024Reported Earnings • Nov 01Third quarter 2023 earnings released: EPS: CN¥0.21 (vs CN¥0.19 in 3Q 2022)Third quarter 2023 results: EPS: CN¥0.21 (up from CN¥0.19 in 3Q 2022). Revenue: CN¥2.67b (down 1.7% from 3Q 2022). Net income: CN¥146.3m (up 12% from 3Q 2022). Profit margin: 5.5% (up from 4.8% in 3Q 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 20% growth forecast for the IT industry in China. Over the last 3 years on average, earnings per share has increased by 12% per year whereas the company’s share price has increased by 7% per year.Valuation Update With 7 Day Price Move • Sep 08Investor sentiment improves as stock rises 24%After last week's 24% share price gain to CN¥27.20, the stock trades at a forward P/E ratio of 29x. Average forward P/E is 27x in the IT industry in China. Total returns to shareholders of 46% over the past three years.Reported Earnings • Aug 26Second quarter 2023 earnings released: EPS: CN¥0.12 (vs CN¥0.16 in 2Q 2022)Second quarter 2023 results: EPS: CN¥0.12 (down from CN¥0.16 in 2Q 2022). Revenue: CN¥2.29b (down 5.0% from 2Q 2022). Net income: CN¥85.1m (down 4.7% from 2Q 2022). Profit margin: 3.7% (in line with 2Q 2022). Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 19% growth forecast for the IT industry in China. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.공지 • Jun 28CETC Digital Technology Co.,Ltd. to Report First Half, 2023 Results on Aug 26, 2023CETC Digital Technology Co.,Ltd. announced that they will report first half, 2023 results on Aug 26, 2023Reported Earnings • Apr 26First quarter 2023 earnings released: EPS: CN¥0.068 (vs CN¥0.13 in 1Q 2022)First quarter 2023 results: EPS: CN¥0.068 (down from CN¥0.13 in 1Q 2022). Revenue: CN¥1.97b (up 11% from 1Q 2022). Net income: CN¥46.5m (down 35% from 1Q 2022). Profit margin: 2.4% (down from 4.0% in 1Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 23% p.a. on average during the next 2 years, compared to a 19% growth forecast for the IT industry in China. Over the last 3 years on average, earnings per share has increased by 9% per year whereas the company’s share price has increased by 13% per year.Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 5 non-independent directors. Independent Director Wang Ze Xia was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • Oct 29Third quarter 2022 earnings released: EPS: CN¥0.43 (vs CN¥0.17 in 3Q 2021)Third quarter 2022 results: EPS: CN¥0.43 (up from CN¥0.17 in 3Q 2021). Revenue: CN¥2.71b (up 12% from 3Q 2021). Net income: CN¥130.1m (up 37% from 3Q 2021). Profit margin: 4.8% (up from 3.9% in 3Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 5% per year whereas the company’s share price has increased by 1% per year.Valuation Update With 7 Day Price Move • Oct 17Investor sentiment improved over the past weekAfter last week's 18% share price gain to CN¥18.75, the stock trades at a trailing P/E ratio of 40.4x. Average trailing P/E is 44x in the IT industry in China. Total returns to shareholders of 3.1% over the past three years.Board Change • Aug 30Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Wang Ze Xia was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • Aug 28Second quarter 2022 earnings released: EPS: CN¥0.30 (vs CN¥0.17 in 2Q 2021)Second quarter 2022 results: EPS: CN¥0.30. Revenue: CN¥2.41b (down 8.2% from 2Q 2021). Net income: CN¥89.3m (down 7.9% from 2Q 2021). Profit margin: 3.7% (in line with 2Q 2021).Reported Earnings • Apr 27First quarter 2022 earnings released: EPS: CN¥0.17 (vs CN¥0.16 in 1Q 2021)First quarter 2022 results: EPS: CN¥0.17 (up from CN¥0.16 in 1Q 2021). Revenue: CN¥1.78b (up 13% from 1Q 2021). Net income: CN¥71.7m (up 3.9% from 1Q 2021). Profit margin: 4.0% (down from 4.4% in 1Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 2% per year whereas the company’s share price has fallen by 3% per year.Board Change • Apr 27Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 10 experienced directors. 1 highly experienced director. 3 independent directors (7 non-independent directors). Independent Director Fanghua Wang was the last independent 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: Minority of independent directors. Insufficient board refreshment.Buying Opportunity • Apr 08Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 27%. The fair value is estimated to be CN¥30.34, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.3% over the last 3 years, while earnings per share has been flat.Reported Earnings • Mar 04Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: CN¥0.77 (up from CN¥0.74 in FY 2020). Revenue: CN¥8.96b (up 10% from FY 2020). Net income: CN¥328.9m (up 3.6% from FY 2020). Profit margin: 3.7% (down from 3.9% in FY 2020). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 11% per year, which means it is tracking significantly ahead of earnings growth.Reported Earnings • Mar 04Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: CN¥0.77 (up from CN¥0.74 in FY 2020). Revenue: CN¥8.96b (up 10% from FY 2020). Net income: CN¥328.9m (up 3.6% from FY 2020). Profit margin: 3.7% (down from 3.9% in FY 2020). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 11% per year, which means it is tracking significantly ahead of earnings growth.Reported Earnings • Oct 31Third quarter 2021 earnings released: EPS CN¥0.22 (vs CN¥0.22 in 3Q 2020)The company reported a solid third quarter result with improved earnings and revenues, although profit margins were weaker. Third quarter 2021 results: Revenue: CN¥2.43b (up 20% from 3Q 2020). Net income: CN¥94.9m (up 1.3% from 3Q 2020). Profit margin: 3.9% (down from 4.6% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 26% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • Oct 19Investor sentiment improved over the past weekAfter last week's 21% share price gain to CN¥34.49, the stock trades at a forward P/E ratio of 39x. Average forward P/E is 27x in the IT industry in China. Total returns to shareholders of 117% over the past three years.Reported Earnings • Aug 24Second quarter 2021 earnings released: EPS CN¥0.23 (vs CN¥0.21 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¥2.62b (up 42% from 2Q 2020). Net income: CN¥97.0m (up 9.1% from 2Q 2020). Profit margin: 3.7% (down from 4.8% 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 1% per year but the company’s share price has increased by 13% per year, which means it is tracking significantly ahead of earnings growth.Reported Earnings • May 04First quarter 2021 earnings released: EPS CN¥0.16 (vs CN¥0.15 in 1Q 2020)The company reported a solid first quarter result with improved earnings and revenues, although profit margins were weaker. First quarter 2021 results: Revenue: CN¥1.57b (up 19% from 1Q 2020). Net income: CN¥69.0m (up 7.9% from 1Q 2020). Profit margin: 4.4% (down from 4.8% in 1Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has increased by 9% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • Mar 26Investor sentiment improved over the past weekAfter last week's 25% share price gain to CN¥30.17, the stock trades at a trailing P/E ratio of 40.6x. Average trailing P/E is 50x in the IT industry in China. Total returns to shareholders of 67% over the past three years.Reported Earnings • Mar 22Full year 2020 earnings released: EPS CN¥0.74 (vs CN¥0.76 in FY 2019)The company reported a soft full year result with weaker earnings and profit margins, although revenues improved. Full year 2020 results: Revenue: CN¥8.13b (up 4.5% from FY 2019). Net income: CN¥317.5m (down 1.3% from FY 2019). Profit margin: 3.9% (down from 4.1% in FY 2019). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has increased by 17% per year, which means it is tracking significantly ahead of earnings growth.공지 • Mar 05Shanghai East-China Computer Co.,Ltd. to Report Fiscal Year 2020 Results on Mar 30, 2021Shanghai East-China Computer Co.,Ltd. announced that they will report fiscal year 2020 results on Mar 30, 2021공지 • Feb 10Nanchang Shengxiu Network Technology Co., Ltd. signed the property transaction contract to acquire 24.9% stake in Shanghai Qiming Software Co., Ltd fromShanghai East-China Computer Co.,Ltd. (SHSE:600850), Shanghai Huaxun Network System Co., Ltd. and ECData Infomation Technology Co.,Ltd. for CNY 3.74 million.Nanchang Shengxiu Network Technology Co., Ltd. signed the property transaction contract to acquire 24.9% stake in Shanghai Qiming Software Co., Ltd from Shanghai East-China Computer Co.,Ltd. (SHSE:600850), Shanghai Huaxun Network System Co., Ltd. and ECData Infomation Technology Co.,Ltd. for CNY 3.74 million recently. ShanghaiEast-ChinaComputer Co., Ltd. held the 16th meeting of the 9th session of the board of directors on December 14, 2020, and reviewed and approved the transaction.Is New 90 Day High Low • Feb 04New 90-day low: CN¥23.10The company is down 7.0% from its price of CN¥24.76 on 06 November 2020. The Chinese market is up 5.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the IT industry, which is down 27% over the same period.Is New 90 Day High Low • Jan 18New 90-day high: CN¥28.20The company is up 14% from its price of CN¥24.83 on 20 October 2020. The Chinese market is up 7.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the IT industry, which is down 26% over the same period.Is New 90 Day High Low • Dec 29New 90-day high: CN¥26.32The company is up 9.0% from its price of CN¥24.11 on 30 September 2020. The Chinese market is up 5.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the IT industry, which is down 24% over the same period.Reported Earnings • Nov 01Third quarter earnings releasedOver the last 12 months the company has reported total profits of CN¥307.6m, down 1.0% from the prior year. Total revenue was CN¥7.79b over the last 12 months, up 3.3% from the prior year.공지 • Oct 30Shanghai East-China Computer Co.,Ltd. to Report Q3, 2020 Results on Oct 31, 2020Shanghai East-China Computer Co.,Ltd. announced that they will report Q3, 2020 results on Oct 31, 2020Is New 90 Day High Low • Oct 24New 90-day low: CN¥24.07The company is down 8.0% from its price of CN¥26.10 on 24 July 2020. The Chinese market is up 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the IT industry, which is down 2.0% over the same period.공지 • Jul 17Shanghai East-China Computer Co.,Ltd. to Report First Half, 2020 Results on Aug 29, 2020Shanghai East-China Computer Co.,Ltd. announced that they will report first half, 2020 results on Aug 29, 2020지급의 안정성과 성장배당 데이터 가져오는 중안정적인 배당: 600850 의 배당금 지급은 지난 10 년 동안 휘발성이었습니다.배당금 증가: 600850 의 배당금 지급은 지난 10 년 동안 증가했습니다.배당 수익률 vs 시장CETC Digital TechnologyLtd 배당 수익률 vs 시장600850의 배당 수익률은 시장과 어떻게 비교되나요?구분배당 수익률회사 (600850)1.7%시장 하위 25% (CN)0.4%시장 상위 25% (CN)1.8%업계 평균 (IT)0.5%분석가 예측 (600850) (최대 3년)1.7%주목할만한 배당금: 600850 의 배당금( 1.71% )은 CN 시장에서 배당금 지급자의 하위 25%( 0.36% )보다 높습니다.고배당: 600850 의 배당금( 1.71% )은 CN 시장에서 배당금 지급자의 상위 25%( 1.83% )와 비교해 낮습니다.주주 대상 이익 배당수익 보장: 합리적인 지급 비율 ( 55.9% )을 통해 600850 의 배당금 지급은 수익으로 충당됩니다.주주 현금 배당현금 흐름 범위: 600850 배당금을 지급하고 있지만 회사에는 잉여현금흐름이 없습니다.높은 배당을 제공하는 우량 기업 찾기7D1Y7D1Y7D1YCN 시장에서 배당이 강한 기업.View Management기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/08 14:18종가2026/05/08 00:00수익2026/03/31연간 수익2025/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스CETC Digital Technology Co.,Ltd.는 3명의 분석가가 다루고 있습니다. 이 중 0명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Li Qian ZhouEverbright Securities Co. Ltd.Jialin JiangIndustrial Securities Co. Ltd.Wei LvMinsheng Securities Co.
Declared Dividend • Jun 23Dividend reduced to CN¥0.35Dividend of CN¥0.35 is 22% lower than last year. Ex-date: 26th June 2025 Payment date: 26th June 2025 Dividend yield will be 1.6%, which is higher than the industry average of 0.8%. Sustainability & Growth Dividend is covered by earnings (44% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 9.0% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 37% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Declared Dividend • Jun 17Dividend increased to CN¥0.45Dividend of CN¥0.45 is 50% higher than last year. Ex-date: 21st June 2024 Payment date: 21st June 2024 Dividend yield will be 2.4%, which is higher than the industry average of 0.8%. Sustainability & Growth Dividend is covered by earnings (62% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 13% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 68% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Reported Earnings • Apr 30Full year 2025 earnings released: EPS: CN¥0.48 (vs CN¥0.80 in FY 2024)Full year 2025 results: EPS: CN¥0.48 (down from CN¥0.80 in FY 2024). Revenue: CN¥10.7b (flat on FY 2024). Net income: CN¥328.8m (down 40% from FY 2024). Profit margin: 3.1% (down from 5.1% in FY 2024). 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 6% per year.
공지 • Apr 30CETC Digital Technology Co.,Ltd., Annual General Meeting, May 22, 2026CETC Digital Technology Co.,Ltd., Annual General Meeting, May 22, 2026, at 14:00 China Standard Time. Location: 2F, No. 269, Boqing Road, Pudong New Area, Shanghai China
공지 • Mar 30CETC Digital Technology Co.,Ltd. to Report Q1, 2026 Results on Apr 28, 2026CETC Digital Technology Co.,Ltd. announced that they will report Q1, 2026 results on Apr 28, 2026
Valuation Update With 7 Day Price Move • Jan 12Investor sentiment improves as stock rises 20%After last week's 20% share price gain to CN¥35.38, the stock trades at a trailing P/E ratio of 47.8x. Average trailing P/E is 120x in the IT industry in China. Total returns to shareholders of 79% over the past three years.
공지 • Dec 26CETC Digital Technology Co.,Ltd. to Report Fiscal Year 2025 Results on Apr 28, 2026CETC Digital Technology Co.,Ltd. announced that they will report fiscal year 2025 results on Apr 28, 2026
Reported Earnings • Nov 02Third quarter 2025 earnings released: EPS: CN¥0.21 (vs CN¥0.24 in 3Q 2024)Third quarter 2025 results: EPS: CN¥0.21 (down from CN¥0.24 in 3Q 2024). Revenue: CN¥2.71b (up 4.7% from 3Q 2024). Net income: CN¥147.2m (down 13% from 3Q 2024). Profit margin: 5.4% (down from 6.5% in 3Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 17% growth forecast for the IT industry in China. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 10% per year, which means it is tracking significantly ahead of earnings growth.
공지 • Sep 30CETC Digital Technology Co.,Ltd. to Report Q3, 2025 Results on Oct 30, 2025CETC Digital Technology Co.,Ltd. announced that they will report Q3, 2025 results on Oct 30, 2025
Valuation Update With 7 Day Price Move • Aug 28Investor sentiment improves as stock rises 17%After last week's 17% share price gain to CN¥31.00, the stock trades at a forward P/E ratio of 32x. Average forward P/E is 50x in the IT industry in China. Total returns to shareholders of 82% over the past three years.
공지 • Jun 30CETC Digital Technology Co.,Ltd. to Report First Half, 2025 Results on Aug 16, 2025CETC Digital Technology Co.,Ltd. announced that they will report first half, 2025 results on Aug 16, 2025
Declared Dividend • Jun 23Dividend reduced to CN¥0.35Dividend of CN¥0.35 is 22% lower than last year. Ex-date: 26th June 2025 Payment date: 26th June 2025 Dividend yield will be 1.6%, which is higher than the industry average of 0.8%. Sustainability & Growth Dividend is covered by earnings (44% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 9.0% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 37% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Reported Earnings • Apr 15Full year 2024 earnings: EPS and revenues miss analyst expectationsFull year 2024 results: EPS: CN¥0.80 (up from CN¥0.72 in FY 2023). Revenue: CN¥10.7b (up 7.0% from FY 2023). Net income: CN¥550.6m (up 11% from FY 2023). Profit margin: 5.1% (in line with FY 2023). Revenue missed analyst estimates by 3.5%. Earnings per share (EPS) also missed analyst estimates by 4.2%. Revenue is forecast to grow 13% p.a. on average during the next 2 years, compared to a 15% growth forecast for the IT industry in China. Over the last 3 years on average, earnings per share has increased by 8% per year whereas the company’s share price has increased by 9% per year.
공지 • Apr 15CETC Digital Technology Co.,Ltd., Annual General Meeting, May 13, 2025CETC Digital Technology Co.,Ltd., Annual General Meeting, May 13, 2025, at 13:30 China Standard Time. Location: 2F, No. 269, Boqing Road, Pudong New Area, Shanghai China
공지 • Mar 28CETC Digital Technology Co.,Ltd. to Report Q1, 2025 Results on Apr 30, 2025CETC Digital Technology Co.,Ltd. announced that they will report Q1, 2025 results on Apr 30, 2025
분석 기사 • Feb 21CETC Digital Technology Co.,Ltd.'s (SHSE:600850) 28% Share Price Surge Not Quite Adding UpCETC Digital Technology Co.,Ltd. ( SHSE:600850 ) shareholders would be excited to see that the share price has had a...
분석 기사 • Feb 05We Think CETC Digital TechnologyLtd (SHSE:600850) Can Stay On Top Of Its DebtHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Valuation Update With 7 Day Price Move • Jan 06Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to CN¥20.81, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 29x in the IT industry in China. Total loss to shareholders of 16% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥9.71 per share.
공지 • Dec 27CETC Digital Technology Co.,Ltd. to Report Fiscal Year 2024 Results on Apr 15, 2025CETC Digital Technology Co.,Ltd. announced that they will report fiscal year 2024 results on Apr 15, 2025
분석 기사 • Dec 12Returns On Capital At CETC Digital TechnologyLtd (SHSE:600850) Have StalledTo find a multi-bagger stock, what are the underlying trends we should look for in a business? Firstly, we'll want to...
Valuation Update With 7 Day Price Move • Nov 11Investor sentiment improves as stock rises 15%After last week's 15% share price gain to CN¥27.19, the stock trades at a forward P/E ratio of 30x. Average forward P/E is 33x in the IT industry in China. Total loss to shareholders of 4.7% over the past three years.
Reported Earnings • Oct 26Third quarter 2024 earnings released: EPS: CN¥0.24 (vs CN¥0.21 in 3Q 2023)Third quarter 2024 results: EPS: CN¥0.24 (up from CN¥0.21 in 3Q 2023). Revenue: CN¥2.59b (down 3.1% from 3Q 2023). Net income: CN¥168.8m (up 15% from 3Q 2023). Profit margin: 6.5% (up from 5.5% in 3Q 2023). 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 16% growth forecast for the IT industry in China. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.
분석 기사 • Oct 22CETC Digital Technology Co.,Ltd. (SHSE:600850) Stock Rockets 46% As Investors Are Less Pessimistic Than ExpectedDespite an already strong run, CETC Digital Technology Co.,Ltd. ( SHSE:600850 ) shares have been powering on, with a...
Valuation Update With 7 Day Price Move • Oct 22Investor sentiment improves as stock rises 23%After last week's 23% share price gain to CN¥25.92, the stock trades at a forward P/E ratio of 29x. Average forward P/E is 32x in the IT industry in China. Total loss to shareholders of 1.7% over the past three years.
분석 기사 • Oct 15Is CETC Digital TechnologyLtd (SHSE:600850) Using Too Much Debt?Warren Buffett famously said, 'Volatility is far from synonymous with risk.' When we think about how risky a company...
공지 • Sep 30CETC Digital Technology Co.,Ltd. to Report Q3, 2024 Results on Oct 26, 2024CETC Digital Technology Co.,Ltd. announced that they will report Q3, 2024 results on Oct 26, 2024
Valuation Update With 7 Day Price Move • Sep 30Investor sentiment improves as stock rises 19%After last week's 19% share price gain to CN¥21.01, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 24x in the IT industry in China. Total loss to shareholders of 1.5% over the past three years.
Reported Earnings • Aug 26Second quarter 2024 earnings released: EPS: CN¥0.13 (vs CN¥0.12 in 2Q 2023)Second quarter 2024 results: EPS: CN¥0.13 (up from CN¥0.12 in 2Q 2023). Revenue: CN¥2.52b (up 10% from 2Q 2023). Net income: CN¥86.0m (up 1.1% from 2Q 2023). Profit margin: 3.4% (down from 3.7% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 15% growth forecast for the IT industry in China. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings.
분석 기사 • Jul 02CETC Digital Technology Co.,Ltd.'s (SHSE:600850) Prospects Need A Boost To Lift SharesCETC Digital Technology Co.,Ltd.'s ( SHSE:600850 ) price-to-earnings (or "P/E") ratio of 25.1x might make it look like...
공지 • Jun 28CETC Digital Technology Co.,Ltd. to Report First Half, 2024 Results on Aug 24, 2024CETC Digital Technology Co.,Ltd. announced that they will report first half, 2024 results on Aug 24, 2024
Declared Dividend • Jun 17Dividend increased to CN¥0.45Dividend of CN¥0.45 is 50% higher than last year. Ex-date: 21st June 2024 Payment date: 21st June 2024 Dividend yield will be 2.4%, which is higher than the industry average of 0.8%. Sustainability & Growth Dividend is covered by earnings (62% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 13% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 68% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
분석 기사 • May 25CETC Digital TechnologyLtd (SHSE:600850) May Have Issues Allocating Its CapitalIf we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
Reported Earnings • Apr 30First quarter 2024 earnings released: EPS: CN¥0.069 (vs CN¥0.068 in 1Q 2023)First quarter 2024 results: EPS: CN¥0.069 (up from CN¥0.068 in 1Q 2023). Revenue: CN¥1.99b (up 1.2% from 1Q 2023). Net income: CN¥47.4m (up 2.0% from 1Q 2023). Profit margin: 2.4% (in line with 1Q 2023). Revenue is forecast to grow 20% p.a. on average during the next 2 years, compared to a 20% growth forecast for the IT industry in China. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.
분석 기사 • Apr 08CETC Digital TechnologyLtd's (SHSE:600850) Shareholders Have More To Worry About Than Only Soft EarningsInvestors were disappointed by CETC Digital Technology Co.,Ltd.'s ( SHSE:600850 ) latest earnings release. We did some...
공지 • Apr 02CETC Digital Technology Co.,Ltd., Annual General Meeting, Apr 24, 2024CETC Digital Technology Co.,Ltd., Annual General Meeting, Apr 24, 2024, at 13:30 China Standard Time. Location: 3F, No. 1188, Xueye Road, Pudong New Area, Shanghai China
Reported Earnings • Apr 02Full year 2023 earnings released: EPS: CN¥0.72 (vs CN¥0.81 in FY 2022)Full year 2023 results: EPS: CN¥0.72 (down from CN¥0.81 in FY 2022). Revenue: CN¥10.0b (up 1.3% from FY 2022). Net income: CN¥497.0m (down 4.4% from FY 2022). Profit margin: 5.0% (down from 5.3% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 18% p.a. on average during the next 2 years, compared to a 18% growth forecast for the IT industry in China. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.
공지 • Mar 29CETC Digital Technology Co.,Ltd. to Report Q1, 2024 Results on Apr 30, 2024CETC Digital Technology Co.,Ltd. announced that they will report Q1, 2024 results on Apr 30, 2024
Buy Or Sell Opportunity • Mar 27Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 12% to CN¥18.75. The fair value is estimated to be CN¥23.66, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.4% over the last 3 years. Earnings per share has grown by 10%. Revenue is forecast to grow by 45% in 2 years. Earnings are forecast to grow by 90% in the next 2 years.
분석 기사 • Mar 25CETC Digital TechnologyLtd (SHSE:600850) Has A Rock Solid Balance SheetThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
분석 기사 • Mar 04Further Upside For CETC Digital Technology Co.,Ltd. (SHSE:600850) Shares Could Introduce Price Risks After 29% BounceCETC Digital Technology Co.,Ltd. ( SHSE:600850 ) shareholders are no doubt pleased to see that the share price has...
Reported Earnings • Feb 24Full year 2023 earnings released: EPS: CN¥0.72 (vs CN¥0.81 in FY 2022)Full year 2023 results: EPS: CN¥0.72 (down from CN¥0.81 in FY 2022). Revenue: CN¥10.0b (up 1.3% from FY 2022). Net income: CN¥497.0m (down 4.4% from FY 2022). Profit margin: 5.0% (down from 5.3% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 18% p.a. on average during the next 2 years, compared to a 19% growth forecast for the IT industry in China. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Feb 05Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to CN¥15.36, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 20x in the IT industry in China. Total loss to shareholders of 4.9% over the past three years.
Buying Opportunity • Jan 08Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 15%. The fair value is estimated to be CN¥25.68, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.0% over the last 3 years. Earnings per share has grown by 11%. Revenue is forecast to grow by 42% in 2 years. Earnings is forecast to grow by 77% in the next 2 years.
공지 • Dec 30CETC Digital Technology Co.,Ltd. to Report Fiscal Year 2023 Results on Apr 02, 2024CETC Digital Technology Co.,Ltd. announced that they will report fiscal year 2023 results on Apr 02, 2024
Reported Earnings • Nov 01Third quarter 2023 earnings released: EPS: CN¥0.21 (vs CN¥0.19 in 3Q 2022)Third quarter 2023 results: EPS: CN¥0.21 (up from CN¥0.19 in 3Q 2022). Revenue: CN¥2.67b (down 1.7% from 3Q 2022). Net income: CN¥146.3m (up 12% from 3Q 2022). Profit margin: 5.5% (up from 4.8% in 3Q 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 20% growth forecast for the IT industry in China. Over the last 3 years on average, earnings per share has increased by 12% per year whereas the company’s share price has increased by 7% per year.
Valuation Update With 7 Day Price Move • Sep 08Investor sentiment improves as stock rises 24%After last week's 24% share price gain to CN¥27.20, the stock trades at a forward P/E ratio of 29x. Average forward P/E is 27x in the IT industry in China. Total returns to shareholders of 46% over the past three years.
Reported Earnings • Aug 26Second quarter 2023 earnings released: EPS: CN¥0.12 (vs CN¥0.16 in 2Q 2022)Second quarter 2023 results: EPS: CN¥0.12 (down from CN¥0.16 in 2Q 2022). Revenue: CN¥2.29b (down 5.0% from 2Q 2022). Net income: CN¥85.1m (down 4.7% from 2Q 2022). Profit margin: 3.7% (in line with 2Q 2022). Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 19% growth forecast for the IT industry in China. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.
공지 • Jun 28CETC Digital Technology Co.,Ltd. to Report First Half, 2023 Results on Aug 26, 2023CETC Digital Technology Co.,Ltd. announced that they will report first half, 2023 results on Aug 26, 2023
Reported Earnings • Apr 26First quarter 2023 earnings released: EPS: CN¥0.068 (vs CN¥0.13 in 1Q 2022)First quarter 2023 results: EPS: CN¥0.068 (down from CN¥0.13 in 1Q 2022). Revenue: CN¥1.97b (up 11% from 1Q 2022). Net income: CN¥46.5m (down 35% from 1Q 2022). Profit margin: 2.4% (down from 4.0% in 1Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 23% p.a. on average during the next 2 years, compared to a 19% growth forecast for the IT industry in China. Over the last 3 years on average, earnings per share has increased by 9% per year whereas the company’s share price has increased by 13% per year.
Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 5 non-independent directors. Independent Director Wang Ze Xia was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • Oct 29Third quarter 2022 earnings released: EPS: CN¥0.43 (vs CN¥0.17 in 3Q 2021)Third quarter 2022 results: EPS: CN¥0.43 (up from CN¥0.17 in 3Q 2021). Revenue: CN¥2.71b (up 12% from 3Q 2021). Net income: CN¥130.1m (up 37% from 3Q 2021). Profit margin: 4.8% (up from 3.9% in 3Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 5% per year whereas the company’s share price has increased by 1% per year.
Valuation Update With 7 Day Price Move • Oct 17Investor sentiment improved over the past weekAfter last week's 18% share price gain to CN¥18.75, the stock trades at a trailing P/E ratio of 40.4x. Average trailing P/E is 44x in the IT industry in China. Total returns to shareholders of 3.1% over the past three years.
Board Change • Aug 30Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Wang Ze Xia was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • Aug 28Second quarter 2022 earnings released: EPS: CN¥0.30 (vs CN¥0.17 in 2Q 2021)Second quarter 2022 results: EPS: CN¥0.30. Revenue: CN¥2.41b (down 8.2% from 2Q 2021). Net income: CN¥89.3m (down 7.9% from 2Q 2021). Profit margin: 3.7% (in line with 2Q 2021).
Reported Earnings • Apr 27First quarter 2022 earnings released: EPS: CN¥0.17 (vs CN¥0.16 in 1Q 2021)First quarter 2022 results: EPS: CN¥0.17 (up from CN¥0.16 in 1Q 2021). Revenue: CN¥1.78b (up 13% from 1Q 2021). Net income: CN¥71.7m (up 3.9% from 1Q 2021). Profit margin: 4.0% (down from 4.4% in 1Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 2% per year whereas the company’s share price has fallen by 3% per year.
Board Change • Apr 27Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 10 experienced directors. 1 highly experienced director. 3 independent directors (7 non-independent directors). Independent Director Fanghua Wang was the last independent 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: Minority of independent directors. Insufficient board refreshment.
Buying Opportunity • Apr 08Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 27%. The fair value is estimated to be CN¥30.34, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.3% over the last 3 years, while earnings per share has been flat.
Reported Earnings • Mar 04Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: CN¥0.77 (up from CN¥0.74 in FY 2020). Revenue: CN¥8.96b (up 10% from FY 2020). Net income: CN¥328.9m (up 3.6% from FY 2020). Profit margin: 3.7% (down from 3.9% in FY 2020). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 11% per year, which means it is tracking significantly ahead of earnings growth.
Reported Earnings • Mar 04Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: CN¥0.77 (up from CN¥0.74 in FY 2020). Revenue: CN¥8.96b (up 10% from FY 2020). Net income: CN¥328.9m (up 3.6% from FY 2020). Profit margin: 3.7% (down from 3.9% in FY 2020). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 11% per year, which means it is tracking significantly ahead of earnings growth.
Reported Earnings • Oct 31Third quarter 2021 earnings released: EPS CN¥0.22 (vs CN¥0.22 in 3Q 2020)The company reported a solid third quarter result with improved earnings and revenues, although profit margins were weaker. Third quarter 2021 results: Revenue: CN¥2.43b (up 20% from 3Q 2020). Net income: CN¥94.9m (up 1.3% from 3Q 2020). Profit margin: 3.9% (down from 4.6% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 26% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • Oct 19Investor sentiment improved over the past weekAfter last week's 21% share price gain to CN¥34.49, the stock trades at a forward P/E ratio of 39x. Average forward P/E is 27x in the IT industry in China. Total returns to shareholders of 117% over the past three years.
Reported Earnings • Aug 24Second quarter 2021 earnings released: EPS CN¥0.23 (vs CN¥0.21 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¥2.62b (up 42% from 2Q 2020). Net income: CN¥97.0m (up 9.1% from 2Q 2020). Profit margin: 3.7% (down from 4.8% 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 1% per year but the company’s share price has increased by 13% per year, which means it is tracking significantly ahead of earnings growth.
Reported Earnings • May 04First quarter 2021 earnings released: EPS CN¥0.16 (vs CN¥0.15 in 1Q 2020)The company reported a solid first quarter result with improved earnings and revenues, although profit margins were weaker. First quarter 2021 results: Revenue: CN¥1.57b (up 19% from 1Q 2020). Net income: CN¥69.0m (up 7.9% from 1Q 2020). Profit margin: 4.4% (down from 4.8% in 1Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has increased by 9% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • Mar 26Investor sentiment improved over the past weekAfter last week's 25% share price gain to CN¥30.17, the stock trades at a trailing P/E ratio of 40.6x. Average trailing P/E is 50x in the IT industry in China. Total returns to shareholders of 67% over the past three years.
Reported Earnings • Mar 22Full year 2020 earnings released: EPS CN¥0.74 (vs CN¥0.76 in FY 2019)The company reported a soft full year result with weaker earnings and profit margins, although revenues improved. Full year 2020 results: Revenue: CN¥8.13b (up 4.5% from FY 2019). Net income: CN¥317.5m (down 1.3% from FY 2019). Profit margin: 3.9% (down from 4.1% in FY 2019). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has increased by 17% per year, which means it is tracking significantly ahead of earnings growth.
공지 • Mar 05Shanghai East-China Computer Co.,Ltd. to Report Fiscal Year 2020 Results on Mar 30, 2021Shanghai East-China Computer Co.,Ltd. announced that they will report fiscal year 2020 results on Mar 30, 2021
공지 • Feb 10Nanchang Shengxiu Network Technology Co., Ltd. signed the property transaction contract to acquire 24.9% stake in Shanghai Qiming Software Co., Ltd fromShanghai East-China Computer Co.,Ltd. (SHSE:600850), Shanghai Huaxun Network System Co., Ltd. and ECData Infomation Technology Co.,Ltd. for CNY 3.74 million.Nanchang Shengxiu Network Technology Co., Ltd. signed the property transaction contract to acquire 24.9% stake in Shanghai Qiming Software Co., Ltd from Shanghai East-China Computer Co.,Ltd. (SHSE:600850), Shanghai Huaxun Network System Co., Ltd. and ECData Infomation Technology Co.,Ltd. for CNY 3.74 million recently. ShanghaiEast-ChinaComputer Co., Ltd. held the 16th meeting of the 9th session of the board of directors on December 14, 2020, and reviewed and approved the transaction.
Is New 90 Day High Low • Feb 04New 90-day low: CN¥23.10The company is down 7.0% from its price of CN¥24.76 on 06 November 2020. The Chinese market is up 5.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the IT industry, which is down 27% over the same period.
Is New 90 Day High Low • Jan 18New 90-day high: CN¥28.20The company is up 14% from its price of CN¥24.83 on 20 October 2020. The Chinese market is up 7.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the IT industry, which is down 26% over the same period.
Is New 90 Day High Low • Dec 29New 90-day high: CN¥26.32The company is up 9.0% from its price of CN¥24.11 on 30 September 2020. The Chinese market is up 5.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the IT industry, which is down 24% over the same period.
Reported Earnings • Nov 01Third quarter earnings releasedOver the last 12 months the company has reported total profits of CN¥307.6m, down 1.0% from the prior year. Total revenue was CN¥7.79b over the last 12 months, up 3.3% from the prior year.
공지 • Oct 30Shanghai East-China Computer Co.,Ltd. to Report Q3, 2020 Results on Oct 31, 2020Shanghai East-China Computer Co.,Ltd. announced that they will report Q3, 2020 results on Oct 31, 2020
Is New 90 Day High Low • Oct 24New 90-day low: CN¥24.07The company is down 8.0% from its price of CN¥26.10 on 24 July 2020. The Chinese market is up 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the IT industry, which is down 2.0% over the same period.
공지 • Jul 17Shanghai East-China Computer Co.,Ltd. to Report First Half, 2020 Results on Aug 29, 2020Shanghai East-China Computer Co.,Ltd. announced that they will report first half, 2020 results on Aug 29, 2020