View ValuationShenzhen Fortune Trend Technology 향후 성장Future 기준 점검 4/6Shenzhen Fortune Trend Technology은 연간 수입과 매출이 각각 22%와 21.7% 증가할 것으로 예상되고 EPS는 연간 22.4%만큼 증가할 것으로 예상됩니다.핵심 정보22.0%이익 성장률22.42%EPS 성장률Software 이익 성장34.5%매출 성장률21.7%향후 자기자본이익률n/a애널리스트 커버리지Low마지막 업데이트01 Apr 2026최근 향후 성장 업데이트업데이트 없음모든 업데이트 보기Recent updatesDeclared Dividend • Jun 01Dividend of CN¥0.38 announcedShareholders will receive a dividend of CN¥0.38. Ex-date: 5th June 2026 Payment date: 5th June 2026 Dividend yield will be 0.3%, which is lower than the industry average of 0.8%. Sustainability & Growth Dividend is covered by both earnings (32% earnings payout ratio) and cash flows (89.8% cash payout ratio). The dividend has increased by an average of 3.3% per year over the past 6 years. However, payments have been volatile during that time. EPS is expected to grow by 22% over the next year, which should provide support to the dividend and adequate earnings cover.Board Change • May 20Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. 4 highly experienced directors. 3 independent directors (4 non-independent directors). Independent Director Changsheng Xu was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.공시 • Apr 30Shenzhen Fortune Trend Technology Co., Ltd., Annual General Meeting, May 21, 2026Shenzhen Fortune Trend Technology Co., Ltd., Annual General Meeting, May 21, 2026, at 14:00 China Standard Time. Location: 9F, Building C3, Optical Valley Software Park, Hongshan District, Wuhan, Hubei China공시 • Mar 30Shenzhen Fortune Trend Technology Co., Ltd. to Report Q1, 2026 Results on Apr 30, 2026Shenzhen Fortune Trend Technology Co., Ltd. announced that they will report Q1, 2026 results on Apr 30, 2026공시 • Dec 26Shenzhen Fortune Trend Technology Co., Ltd. to Report Fiscal Year 2025 Results on Mar 31, 2026Shenzhen Fortune Trend Technology Co., Ltd. announced that they will report fiscal year 2025 results on Mar 31, 2026공시 • Sep 30Shenzhen Fortune Trend Technology Co., Ltd. to Report Q3, 2025 Results on Oct 31, 2025Shenzhen Fortune Trend Technology Co., Ltd. announced that they will report Q3, 2025 results on Oct 31, 2025공시 • Jun 30Shenzhen Fortune Trend Technology Co., Ltd. to Report First Half, 2025 Results on Aug 30, 2025Shenzhen Fortune Trend Technology Co., Ltd. announced that they will report first half, 2025 results on Aug 30, 2025공시 • Apr 30Shenzhen Fortune Trend Technology Co., Ltd., Annual General Meeting, May 20, 2025Shenzhen Fortune Trend Technology Co., Ltd., Annual General Meeting, May 20, 2025, at 14:00 China Standard Time. Location: 9F, Building C3, Optical Valley Software Park, Hongshan District, Wuhan, Hubei China공시 • Mar 28Shenzhen Fortune Trend Technology Co., Ltd. to Report Q1, 2025 Results on Apr 30, 2025Shenzhen Fortune Trend Technology Co., Ltd. announced that they will report Q1, 2025 results on Apr 30, 2025공시 • Dec 27Shenzhen Fortune Trend Technology Co., Ltd. to Report Fiscal Year 2024 Results on Mar 29, 2025Shenzhen Fortune Trend Technology Co., Ltd. announced that they will report fiscal year 2024 results on Mar 29, 2025Reported Earnings • Oct 30Third quarter 2024 earnings released: EPS: CN¥0.24 (vs CN¥0.44 in 3Q 2023)Third quarter 2024 results: EPS: CN¥0.24 (down from CN¥0.44 in 3Q 2023). Revenue: CN¥62.7m (down 38% from 3Q 2023). Net income: CN¥43.6m (down 45% from 3Q 2023). Profit margin: 70% (down from 79% in 3Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 35% p.a. on average during the next 2 years, compared to a 19% growth forecast for the Software industry in China.공시 • Sep 30Shenzhen Fortune Trend technology Co., Ltd. to Report Q3, 2024 Results on Oct 30, 2024Shenzhen Fortune Trend technology Co., Ltd. announced that they will report Q3, 2024 results on Oct 30, 2024Valuation Update With 7 Day Price Move • Sep 24Investor sentiment improves as stock rises 17%After last week's 17% share price gain to CN¥103, the stock trades at a forward P/E ratio of 43x. Average forward P/E is 28x in the Software industry in China. Total returns to shareholders of 4.6% over the past year.New Risk • Sep 18New 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 8.6% 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 (8.6% average weekly change). High level of non-cash earnings (24% accrual ratio).New Risk • Sep 12New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 24% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (24% accrual ratio). Minor Risk Share price has been volatile over the past 3 months (8.5% average weekly change).Reported Earnings • Aug 29Second quarter 2024 earnings released: EPS: CN¥0.28 (vs CN¥0.34 in 2Q 2023)Second quarter 2024 results: EPS: CN¥0.28 (down from CN¥0.34 in 2Q 2023). Revenue: CN¥76.6m (down 7.0% from 2Q 2023). Net income: CN¥50.2m (down 20% from 2Q 2023). Profit margin: 66% (down from 76% in 2Q 2023). The decrease in margin was primarily driven by higher expenses. Revenue is forecast to grow 30% p.a. on average during the next 2 years, compared to a 18% growth forecast for the Software industry in China.Valuation Update With 7 Day Price Move • Jul 31Investor sentiment improves as stock rises 24%After last week's 24% share price gain to CN¥90.30, the stock trades at a forward P/E ratio of 41x. Average forward P/E is 30x in the Software industry in China. Total loss to shareholders of 15% over the past year.공시 • Jun 29Shenzhen Fortune Trend technology Co., Ltd. to Report First Half, 2024 Results on Aug 29, 2024Shenzhen Fortune Trend technology Co., Ltd. announced that they will report first half, 2024 results on Aug 29, 2024New Risk • May 29New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 8.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (8.5% average weekly change).공시 • May 08Shenzhen Fortune Trend technology Co., Ltd., Annual General Meeting, May 28, 2024Shenzhen Fortune Trend technology Co., Ltd., Annual General Meeting, May 28, 2024, at 14:00 China Standard Time. Location: 9F, Building C3, Optical Valley Software Park, Hongshan District, Wuhan, Hubei ChinaReported Earnings • Apr 30First quarter 2024 earnings released: EPS: CN¥0.38 (vs CN¥0.43 in 1Q 2023)First quarter 2024 results: EPS: CN¥0.38 (down from CN¥0.43 in 1Q 2023). Revenue: CN¥71.0m (up 9.2% from 1Q 2023). Net income: CN¥50.2m (down 11% from 1Q 2023). Profit margin: 71% (down from 86% in 1Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 26% p.a. on average during the next 2 years, compared to a 22% growth forecast for the Software industry in China.New Risk • Apr 03New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 39% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (39% accrual ratio). Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.Reported Earnings • Mar 30Full year 2023 earnings released: EPS: CN¥2.38 (vs CN¥1.18 in FY 2022)Full year 2023 results: EPS: CN¥2.38 (up from CN¥1.18 in FY 2022). Revenue: CN¥434.7m (up 35% from FY 2022). Net income: CN¥310.7m (up 102% from FY 2022). Profit margin: 72% (up from 48% in FY 2022). The increase in margin was primarily driven by higher revenue. Revenue is forecast to grow 23% p.a. on average during the next 2 years, compared to a 22% growth forecast for the Software industry in China.공시 • Mar 29Shenzhen Fortune Trend technology Co., Ltd. to Report Q1, 2024 Results on Apr 30, 2024Shenzhen Fortune Trend technology Co., Ltd. announced that they will report Q1, 2024 results on Apr 30, 2024Reported Earnings • Feb 29Full year 2023 earnings released: EPS: CN¥2.34 (vs CN¥1.18 in FY 2022)Full year 2023 results: EPS: CN¥2.34 (up from CN¥1.18 in FY 2022). Revenue: CN¥428.3m (up 33% from FY 2022). Net income: CN¥306.2m (up 99% from FY 2022). Profit margin: 72% (up from 48% in FY 2022). The increase in margin was primarily driven by higher revenue.Valuation Update With 7 Day Price Move • Feb 02Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to CN¥98.00, the stock trades at a forward P/E ratio of 35x. Average forward P/E is 28x in the Software industry in China. Total loss to shareholders of 11% over the past year.Board Change • Jan 08Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Changsheng Xu was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Valuation Update With 7 Day Price Move • Dec 25Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to CN¥117, the stock trades at a forward P/E ratio of 42x. Average forward P/E is 36x in the Software industry in China. Total returns to shareholders of 96% over the past year.Reported Earnings • Nov 02Third quarter 2023 earnings released: EPS: CN¥0.61 (vs CN¥0.23 loss in 3Q 2022)Third quarter 2023 results: EPS: CN¥0.61 (up from CN¥0.23 loss in 3Q 2022). Revenue: CN¥101.2m (up 27% from 3Q 2022). Net income: CN¥79.5m (up CN¥108.6m from 3Q 2022). Profit margin: 79% (up from net loss in 3Q 2022). The move to profitability was primarily driven by lower expenses. Revenue is forecast to grow 28% p.a. on average during the next 2 years, compared to a 24% growth forecast for the Software industry in China.공시 • Aug 30Shenzhen Fortune Trend technology Co., Ltd. (SHSE:688318) signed letter of intend to acquire 33% stake in Fujian Shine Technology Co., Ltd. from Shine Science & Technology (BVI) Company Limited for CNY 600 million.Shenzhen Fortune Trend technology Co., Ltd. (SHSE:688318) signed letter of intend to acquire 33% stake in Fujian Shine Technology Co., Ltd. from Shine Science & Technology (BVI) Company Limited for CNY 600 million on August 29, 2023. The transaction is subject to the completion of due diligence and other work, and the company's internal decision-making and approval procedures will be implemented in accordance with the relevant provisions of laws and regulations and the "Articles of Association", and the completion of the relevant approval procedures is uncertain.Reported Earnings • Aug 29Second quarter 2023 earnings released: EPS: CN¥0.48 (vs CN¥0.39 in 2Q 2022)Second quarter 2023 results: EPS: CN¥0.48 (up from CN¥0.39 in 2Q 2022). Revenue: CN¥82.3m (up 19% from 2Q 2022). Net income: CN¥62.6m (up 22% from 2Q 2022). Profit margin: 76% (up from 74% in 2Q 2022). Revenue is forecast to grow 28% p.a. on average during the next 2 years, compared to a 23% growth forecast for the Software industry in China.공시 • Jun 28Shenzhen Fortune Trend technology Co., Ltd. to Report First Half, 2023 Results on Aug 29, 2023Shenzhen Fortune Trend technology Co., Ltd. announced that they will report first half, 2023 results on Aug 29, 2023Reported Earnings • Apr 29First quarter 2023 earnings released: EPS: CN¥0.60 (vs CN¥0.48 in 1Q 2022)First quarter 2023 results: EPS: CN¥0.60 (up from CN¥0.48 in 1Q 2022). Revenue: CN¥65.1m (up 35% from 1Q 2022). Net income: CN¥56.2m (up 25% from 1Q 2022). Profit margin: 86% (down from 93% in 1Q 2022). Revenue is forecast to grow 27% p.a. on average during the next 2 years, compared to a 22% growth forecast for the Software industry in China.Reported Earnings • Mar 02Full year 2022 earnings released: EPS: CN¥1.55 (vs CN¥3.02 in FY 2021)Full year 2022 results: EPS: CN¥1.55. Revenue: CN¥3.21t (up CN¥3.21t from FY 2021). Net income: CN¥1.44t (up CN¥1.44t from FY 2021). Profit margin: 45% (down from 86% in FY 2021). The decrease in margin was driven by higher expenses. Revenue is expected to decline by 150% p.a. on average during the next 2 years, while revenues in the Software industry in China are expected to grow by 24%.Valuation Update With 7 Day Price Move • Feb 08Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to CN¥137, the stock trades at a trailing P/E ratio of 79.4x. Average forward P/E is 39x in the Software industry in China. Total returns to shareholders of 7.7% over the past 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. 4 non-independent directors. Independent Director Wei Liu was the last independent director to join the board, commencing their role in 2020. 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: CN¥0.32 loss per share (vs CN¥0.73 profit in 3Q 2021)Third quarter 2022 results: CN¥0.32 loss per share (down from CN¥0.73 profit in 3Q 2021). Revenue: CN¥79.9m (up 28% from 3Q 2021). Net loss: CN¥29.1m (down 142% from profit in 3Q 2021). Revenue is forecast to grow 15% p.a. on average during the next 2 years, compared to a 24% growth forecast for the Software industry in China.Reported Earnings • Aug 25Second quarter 2022 earnings released: EPS: CN¥0.55 (vs CN¥0.71 in 2Q 2021)Second quarter 2022 results: EPS: CN¥0.55 (down from CN¥0.71 in 2Q 2021). Revenue: CN¥69.0m (up 3.1% from 2Q 2021). Net income: CN¥51.1m (down 23% from 2Q 2021). Profit margin: 74% (down from 99% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 18%, compared to a 32% growth forecast for the Software industry in China.Valuation Update With 7 Day Price Move • Jun 03Investor sentiment improved over the past weekAfter last week's 19% share price gain to CN¥125, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 25x in the Software industry in China.Reported Earnings • May 02First quarter 2022 earnings released: EPS: CN¥0.67 (vs CN¥0.78 in 1Q 2021)First quarter 2022 results: EPS: CN¥0.67 (down from CN¥0.78 in 1Q 2021). Revenue: CN¥48.4m (down 20% from 1Q 2021). Net income: CN¥44.8m (down 14% from 1Q 2021). Profit margin: 93% (up from 86% in 1Q 2021). The increase in margin was driven by lower expenses. Over the next year, revenue is forecast to grow 31%, compared to a 33% growth forecast for the industry in China.Valuation Update With 7 Day Price Move • Apr 28Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to CN¥100, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 21x in the Software industry in China.Board Change • Apr 27No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. No highly experienced directors. No independent directors (3 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.Reported Earnings • Apr 20Full year 2021 earnings released: EPS: CN¥4.23 (vs CN¥4.12 in FY 2020)Full year 2021 results: EPS: CN¥4.23 (up from CN¥4.12 in FY 2020). Revenue: CN¥326.3m (up 19% from FY 2020). Net income: CN¥281.7m (up 12% from FY 2020). Profit margin: 86% (down from 92% in FY 2020). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 19%, compared to a 30% growth forecast for the industry in China.Reported Earnings • Feb 24Full year 2021 earnings: EPS in line with expectations, revenues disappointFull year 2021 results: EPS: CN¥4.26 (up from CN¥4.12 in FY 2020). Revenue: CN¥327.2m (up 20% from FY 2020). Net income: CN¥283.8m (up 13% from FY 2020). Profit margin: 87% (down from 92% in FY 2020). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 7.8%. Over the next year, revenue is forecast to grow 33%, compared to a 33% growth forecast for the industry in China.Valuation Update With 7 Day Price Move • Feb 16Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to CN¥153, the stock trades at a trailing P/E ratio of 32.2x. Average forward P/E is 31x in the Software industry in China.Valuation Update With 7 Day Price Move • Jan 19Investor sentiment improved over the past weekAfter last week's 19% share price gain to CN¥192, the stock trades at a trailing P/E ratio of 40.4x. Average trailing P/E is 59x in the Software industry in China.Board Change • Dec 10Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. No highly experienced directors. was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.이익 및 매출 성장 예측XSSC:688318 - 애널리스트 향후 추정치 및 과거 재무 데이터 (CNY Millions)날짜매출이익자유현금흐름영업현금흐름평균 애널리스트 수12/31/2027547457N/A362212/31/2026490414N/A30713/31/2026367303108171N/A12/31/2025368315119175N/A9/30/2025377344125162N/A6/30/2025374311129156N/A3/31/2025373300165196N/A12/31/2024389304162199N/A9/30/2024396257143189N/A6/30/2024435292174219N/A3/31/2024441305176211N/A12/31/2023435311218238N/A9/30/2023373285252272N/A6/30/2023352176253268N/A3/31/2023338165222247N/A12/31/2022321154176201N/A9/30/2022334162189205N/A6/30/2022316260187203N/A3/31/2022314275227229N/A12/31/2021326282243245N/A9/30/2021322303248251N/A6/30/2021310289235239N/A3/31/2021301270246249N/A12/31/2020273239233235N/A9/30/2020255224207208N/A6/30/2020247200181182N/A3/31/2020227178148156N/A12/31/2019226183N/A164N/A1/1/2019195143N/A136N/A12/31/2017169118N/A135N/A12/31/2016179139N/A137N/A12/31/2015171124N/A158N/A더 보기애널리스트 향후 성장 전망수입 대 저축률: 688318 의 연간 예상 수익 증가율(22%)이 saving rate(2.4%)보다 높습니다.수익 vs 시장: 688318 의 연간 수익(22%)이 CN 시장(26.8%)보다 느리게 성장할 것으로 예상됩니다.고성장 수익: 688318 의 수입은 향후 3년 동안 상당히 증가할 것으로 예상됩니다.수익 대 시장: 688318 의 수익(연간 21.7%)이 CN 시장(연간 16.3%)보다 빠르게 성장할 것으로 예상됩니다.고성장 매출: 688318 의 수익(연간 21.7%)은 연간 20%보다 빠르게 증가할 것으로 예상됩니다.주당순이익 성장 예측향후 자기자본이익률미래 ROE: 688318의 자본 수익률이 3년 후 높을 것으로 예상되는지 판단하기에 데이터가 부족합니다.성장 기업 찾아보기7D1Y7D1Y7D1YSoftware 산업의 고성장 기업.View Past Performance기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/06/10 15:26종가2026/06/10 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 소스Shenzhen Fortune Trend Technology Co., Ltd.는 2명의 분석가가 다루고 있습니다. 이 중 2명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Yan Jing WuChina Galaxy Securities Co., Ltd.You FanChina International Capital Corporation Limited
Declared Dividend • Jun 01Dividend of CN¥0.38 announcedShareholders will receive a dividend of CN¥0.38. Ex-date: 5th June 2026 Payment date: 5th June 2026 Dividend yield will be 0.3%, which is lower than the industry average of 0.8%. Sustainability & Growth Dividend is covered by both earnings (32% earnings payout ratio) and cash flows (89.8% cash payout ratio). The dividend has increased by an average of 3.3% per year over the past 6 years. However, payments have been volatile during that time. EPS is expected to grow by 22% over the next year, which should provide support to the dividend and adequate earnings cover.
Board Change • May 20Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. 4 highly experienced directors. 3 independent directors (4 non-independent directors). Independent Director Changsheng Xu was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
공시 • Apr 30Shenzhen Fortune Trend Technology Co., Ltd., Annual General Meeting, May 21, 2026Shenzhen Fortune Trend Technology Co., Ltd., Annual General Meeting, May 21, 2026, at 14:00 China Standard Time. Location: 9F, Building C3, Optical Valley Software Park, Hongshan District, Wuhan, Hubei China
공시 • Mar 30Shenzhen Fortune Trend Technology Co., Ltd. to Report Q1, 2026 Results on Apr 30, 2026Shenzhen Fortune Trend Technology Co., Ltd. announced that they will report Q1, 2026 results on Apr 30, 2026
공시 • Dec 26Shenzhen Fortune Trend Technology Co., Ltd. to Report Fiscal Year 2025 Results on Mar 31, 2026Shenzhen Fortune Trend Technology Co., Ltd. announced that they will report fiscal year 2025 results on Mar 31, 2026
공시 • Sep 30Shenzhen Fortune Trend Technology Co., Ltd. to Report Q3, 2025 Results on Oct 31, 2025Shenzhen Fortune Trend Technology Co., Ltd. announced that they will report Q3, 2025 results on Oct 31, 2025
공시 • Jun 30Shenzhen Fortune Trend Technology Co., Ltd. to Report First Half, 2025 Results on Aug 30, 2025Shenzhen Fortune Trend Technology Co., Ltd. announced that they will report first half, 2025 results on Aug 30, 2025
공시 • Apr 30Shenzhen Fortune Trend Technology Co., Ltd., Annual General Meeting, May 20, 2025Shenzhen Fortune Trend Technology Co., Ltd., Annual General Meeting, May 20, 2025, at 14:00 China Standard Time. Location: 9F, Building C3, Optical Valley Software Park, Hongshan District, Wuhan, Hubei China
공시 • Mar 28Shenzhen Fortune Trend Technology Co., Ltd. to Report Q1, 2025 Results on Apr 30, 2025Shenzhen Fortune Trend Technology Co., Ltd. announced that they will report Q1, 2025 results on Apr 30, 2025
공시 • Dec 27Shenzhen Fortune Trend Technology Co., Ltd. to Report Fiscal Year 2024 Results on Mar 29, 2025Shenzhen Fortune Trend Technology Co., Ltd. announced that they will report fiscal year 2024 results on Mar 29, 2025
Reported Earnings • Oct 30Third quarter 2024 earnings released: EPS: CN¥0.24 (vs CN¥0.44 in 3Q 2023)Third quarter 2024 results: EPS: CN¥0.24 (down from CN¥0.44 in 3Q 2023). Revenue: CN¥62.7m (down 38% from 3Q 2023). Net income: CN¥43.6m (down 45% from 3Q 2023). Profit margin: 70% (down from 79% in 3Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 35% p.a. on average during the next 2 years, compared to a 19% growth forecast for the Software industry in China.
공시 • Sep 30Shenzhen Fortune Trend technology Co., Ltd. to Report Q3, 2024 Results on Oct 30, 2024Shenzhen Fortune Trend technology Co., Ltd. announced that they will report Q3, 2024 results on Oct 30, 2024
Valuation Update With 7 Day Price Move • Sep 24Investor sentiment improves as stock rises 17%After last week's 17% share price gain to CN¥103, the stock trades at a forward P/E ratio of 43x. Average forward P/E is 28x in the Software industry in China. Total returns to shareholders of 4.6% over the past year.
New Risk • Sep 18New 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 8.6% 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 (8.6% average weekly change). High level of non-cash earnings (24% accrual ratio).
New Risk • Sep 12New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 24% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (24% accrual ratio). Minor Risk Share price has been volatile over the past 3 months (8.5% average weekly change).
Reported Earnings • Aug 29Second quarter 2024 earnings released: EPS: CN¥0.28 (vs CN¥0.34 in 2Q 2023)Second quarter 2024 results: EPS: CN¥0.28 (down from CN¥0.34 in 2Q 2023). Revenue: CN¥76.6m (down 7.0% from 2Q 2023). Net income: CN¥50.2m (down 20% from 2Q 2023). Profit margin: 66% (down from 76% in 2Q 2023). The decrease in margin was primarily driven by higher expenses. Revenue is forecast to grow 30% p.a. on average during the next 2 years, compared to a 18% growth forecast for the Software industry in China.
Valuation Update With 7 Day Price Move • Jul 31Investor sentiment improves as stock rises 24%After last week's 24% share price gain to CN¥90.30, the stock trades at a forward P/E ratio of 41x. Average forward P/E is 30x in the Software industry in China. Total loss to shareholders of 15% over the past year.
공시 • Jun 29Shenzhen Fortune Trend technology Co., Ltd. to Report First Half, 2024 Results on Aug 29, 2024Shenzhen Fortune Trend technology Co., Ltd. announced that they will report first half, 2024 results on Aug 29, 2024
New Risk • May 29New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 8.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (8.5% average weekly change).
공시 • May 08Shenzhen Fortune Trend technology Co., Ltd., Annual General Meeting, May 28, 2024Shenzhen Fortune Trend technology Co., Ltd., Annual General Meeting, May 28, 2024, at 14:00 China Standard Time. Location: 9F, Building C3, Optical Valley Software Park, Hongshan District, Wuhan, Hubei China
Reported Earnings • Apr 30First quarter 2024 earnings released: EPS: CN¥0.38 (vs CN¥0.43 in 1Q 2023)First quarter 2024 results: EPS: CN¥0.38 (down from CN¥0.43 in 1Q 2023). Revenue: CN¥71.0m (up 9.2% from 1Q 2023). Net income: CN¥50.2m (down 11% from 1Q 2023). Profit margin: 71% (down from 86% in 1Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 26% p.a. on average during the next 2 years, compared to a 22% growth forecast for the Software industry in China.
New Risk • Apr 03New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 39% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (39% accrual ratio). Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.
Reported Earnings • Mar 30Full year 2023 earnings released: EPS: CN¥2.38 (vs CN¥1.18 in FY 2022)Full year 2023 results: EPS: CN¥2.38 (up from CN¥1.18 in FY 2022). Revenue: CN¥434.7m (up 35% from FY 2022). Net income: CN¥310.7m (up 102% from FY 2022). Profit margin: 72% (up from 48% in FY 2022). The increase in margin was primarily driven by higher revenue. Revenue is forecast to grow 23% p.a. on average during the next 2 years, compared to a 22% growth forecast for the Software industry in China.
공시 • Mar 29Shenzhen Fortune Trend technology Co., Ltd. to Report Q1, 2024 Results on Apr 30, 2024Shenzhen Fortune Trend technology Co., Ltd. announced that they will report Q1, 2024 results on Apr 30, 2024
Reported Earnings • Feb 29Full year 2023 earnings released: EPS: CN¥2.34 (vs CN¥1.18 in FY 2022)Full year 2023 results: EPS: CN¥2.34 (up from CN¥1.18 in FY 2022). Revenue: CN¥428.3m (up 33% from FY 2022). Net income: CN¥306.2m (up 99% from FY 2022). Profit margin: 72% (up from 48% in FY 2022). The increase in margin was primarily driven by higher revenue.
Valuation Update With 7 Day Price Move • Feb 02Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to CN¥98.00, the stock trades at a forward P/E ratio of 35x. Average forward P/E is 28x in the Software industry in China. Total loss to shareholders of 11% over the past year.
Board Change • Jan 08Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Changsheng Xu was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Valuation Update With 7 Day Price Move • Dec 25Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to CN¥117, the stock trades at a forward P/E ratio of 42x. Average forward P/E is 36x in the Software industry in China. Total returns to shareholders of 96% over the past year.
Reported Earnings • Nov 02Third quarter 2023 earnings released: EPS: CN¥0.61 (vs CN¥0.23 loss in 3Q 2022)Third quarter 2023 results: EPS: CN¥0.61 (up from CN¥0.23 loss in 3Q 2022). Revenue: CN¥101.2m (up 27% from 3Q 2022). Net income: CN¥79.5m (up CN¥108.6m from 3Q 2022). Profit margin: 79% (up from net loss in 3Q 2022). The move to profitability was primarily driven by lower expenses. Revenue is forecast to grow 28% p.a. on average during the next 2 years, compared to a 24% growth forecast for the Software industry in China.
공시 • Aug 30Shenzhen Fortune Trend technology Co., Ltd. (SHSE:688318) signed letter of intend to acquire 33% stake in Fujian Shine Technology Co., Ltd. from Shine Science & Technology (BVI) Company Limited for CNY 600 million.Shenzhen Fortune Trend technology Co., Ltd. (SHSE:688318) signed letter of intend to acquire 33% stake in Fujian Shine Technology Co., Ltd. from Shine Science & Technology (BVI) Company Limited for CNY 600 million on August 29, 2023. The transaction is subject to the completion of due diligence and other work, and the company's internal decision-making and approval procedures will be implemented in accordance with the relevant provisions of laws and regulations and the "Articles of Association", and the completion of the relevant approval procedures is uncertain.
Reported Earnings • Aug 29Second quarter 2023 earnings released: EPS: CN¥0.48 (vs CN¥0.39 in 2Q 2022)Second quarter 2023 results: EPS: CN¥0.48 (up from CN¥0.39 in 2Q 2022). Revenue: CN¥82.3m (up 19% from 2Q 2022). Net income: CN¥62.6m (up 22% from 2Q 2022). Profit margin: 76% (up from 74% in 2Q 2022). Revenue is forecast to grow 28% p.a. on average during the next 2 years, compared to a 23% growth forecast for the Software industry in China.
공시 • Jun 28Shenzhen Fortune Trend technology Co., Ltd. to Report First Half, 2023 Results on Aug 29, 2023Shenzhen Fortune Trend technology Co., Ltd. announced that they will report first half, 2023 results on Aug 29, 2023
Reported Earnings • Apr 29First quarter 2023 earnings released: EPS: CN¥0.60 (vs CN¥0.48 in 1Q 2022)First quarter 2023 results: EPS: CN¥0.60 (up from CN¥0.48 in 1Q 2022). Revenue: CN¥65.1m (up 35% from 1Q 2022). Net income: CN¥56.2m (up 25% from 1Q 2022). Profit margin: 86% (down from 93% in 1Q 2022). Revenue is forecast to grow 27% p.a. on average during the next 2 years, compared to a 22% growth forecast for the Software industry in China.
Reported Earnings • Mar 02Full year 2022 earnings released: EPS: CN¥1.55 (vs CN¥3.02 in FY 2021)Full year 2022 results: EPS: CN¥1.55. Revenue: CN¥3.21t (up CN¥3.21t from FY 2021). Net income: CN¥1.44t (up CN¥1.44t from FY 2021). Profit margin: 45% (down from 86% in FY 2021). The decrease in margin was driven by higher expenses. Revenue is expected to decline by 150% p.a. on average during the next 2 years, while revenues in the Software industry in China are expected to grow by 24%.
Valuation Update With 7 Day Price Move • Feb 08Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to CN¥137, the stock trades at a trailing P/E ratio of 79.4x. Average forward P/E is 39x in the Software industry in China. Total returns to shareholders of 7.7% over the past 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. 4 non-independent directors. Independent Director Wei Liu was the last independent director to join the board, commencing their role in 2020. 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: CN¥0.32 loss per share (vs CN¥0.73 profit in 3Q 2021)Third quarter 2022 results: CN¥0.32 loss per share (down from CN¥0.73 profit in 3Q 2021). Revenue: CN¥79.9m (up 28% from 3Q 2021). Net loss: CN¥29.1m (down 142% from profit in 3Q 2021). Revenue is forecast to grow 15% p.a. on average during the next 2 years, compared to a 24% growth forecast for the Software industry in China.
Reported Earnings • Aug 25Second quarter 2022 earnings released: EPS: CN¥0.55 (vs CN¥0.71 in 2Q 2021)Second quarter 2022 results: EPS: CN¥0.55 (down from CN¥0.71 in 2Q 2021). Revenue: CN¥69.0m (up 3.1% from 2Q 2021). Net income: CN¥51.1m (down 23% from 2Q 2021). Profit margin: 74% (down from 99% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 18%, compared to a 32% growth forecast for the Software industry in China.
Valuation Update With 7 Day Price Move • Jun 03Investor sentiment improved over the past weekAfter last week's 19% share price gain to CN¥125, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 25x in the Software industry in China.
Reported Earnings • May 02First quarter 2022 earnings released: EPS: CN¥0.67 (vs CN¥0.78 in 1Q 2021)First quarter 2022 results: EPS: CN¥0.67 (down from CN¥0.78 in 1Q 2021). Revenue: CN¥48.4m (down 20% from 1Q 2021). Net income: CN¥44.8m (down 14% from 1Q 2021). Profit margin: 93% (up from 86% in 1Q 2021). The increase in margin was driven by lower expenses. Over the next year, revenue is forecast to grow 31%, compared to a 33% growth forecast for the industry in China.
Valuation Update With 7 Day Price Move • Apr 28Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to CN¥100, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 21x in the Software industry in China.
Board Change • Apr 27No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. No highly experienced directors. No independent directors (3 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.
Reported Earnings • Apr 20Full year 2021 earnings released: EPS: CN¥4.23 (vs CN¥4.12 in FY 2020)Full year 2021 results: EPS: CN¥4.23 (up from CN¥4.12 in FY 2020). Revenue: CN¥326.3m (up 19% from FY 2020). Net income: CN¥281.7m (up 12% from FY 2020). Profit margin: 86% (down from 92% in FY 2020). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 19%, compared to a 30% growth forecast for the industry in China.
Reported Earnings • Feb 24Full year 2021 earnings: EPS in line with expectations, revenues disappointFull year 2021 results: EPS: CN¥4.26 (up from CN¥4.12 in FY 2020). Revenue: CN¥327.2m (up 20% from FY 2020). Net income: CN¥283.8m (up 13% from FY 2020). Profit margin: 87% (down from 92% in FY 2020). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 7.8%. Over the next year, revenue is forecast to grow 33%, compared to a 33% growth forecast for the industry in China.
Valuation Update With 7 Day Price Move • Feb 16Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to CN¥153, the stock trades at a trailing P/E ratio of 32.2x. Average forward P/E is 31x in the Software industry in China.
Valuation Update With 7 Day Price Move • Jan 19Investor sentiment improved over the past weekAfter last week's 19% share price gain to CN¥192, the stock trades at a trailing P/E ratio of 40.4x. Average trailing P/E is 59x in the Software industry in China.
Board Change • Dec 10Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. No highly experienced directors. was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.