View Future GrowthHenan Ancai Hi-TechLtd 과거 순이익 실적과거 기준 점검 0/6Henan Ancai Hi-TechLtd 의 수입은 연평균 -81%의 비율로 감소해 온 반면, Electronic 산업은 연평균 0.3%의 비율로 증가했습니다. 매출은 연평균 2.5%의 비율로 증가해 왔습니다.핵심 정보-81.01%순이익 성장률-80.81%주당순이익(EPS) 성장률Electronic 산업 성장률10.93%매출 성장률2.47%자기자본이익률-43.97%순이익률-30.90%다음 순이익 업데이트26 Aug 2026최근 과거 실적 업데이트공시 • Jun 30Henan Ancai Hi-Tech Co.,Ltd to Report First Half, 2026 Results on Aug 26, 2026Henan Ancai Hi-Tech Co.,Ltd announced that they will report first half, 2026 results on Aug 26, 2026Reported Earnings • Apr 20Full year 2025 earnings released: CN¥0.67 loss per share (vs CN¥0.33 loss in FY 2024)Full year 2025 results: CN¥0.67 loss per share (further deteriorated from CN¥0.33 loss in FY 2024). Revenue: CN¥2.92b (down 33% from FY 2024). Net loss: CN¥727.2m (loss widened 106% from FY 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 116 percentage points per year, which is a significant difference in performance.공시 • Mar 30Henan Ancai Hi-Tech Co.,Ltd to Report Q1, 2026 Results on Apr 29, 2026Henan Ancai Hi-Tech Co.,Ltd announced that they will report Q1, 2026 results on Apr 29, 2026공시 • Dec 26Henan Ancai Hi-Tech Co.,Ltd to Report Fiscal Year 2025 Results on Apr 18, 2026Henan Ancai Hi-Tech Co.,Ltd announced that they will report fiscal year 2025 results on Apr 18, 2026Reported Earnings • Nov 03Third quarter 2025 earnings released: CN¥0.13 loss per share (vs CN¥0.093 loss in 3Q 2024)Third quarter 2025 results: CN¥0.13 loss per share (further deteriorated from CN¥0.093 loss in 3Q 2024). Revenue: CN¥714.0m (down 25% from 3Q 2024). Net loss: CN¥142.1m (loss widened 42% from 3Q 2024). Revenue is forecast to grow 2.7% p.a. on average during the next 3 years, compared to a 21% growth forecast for the Electronic industry in China. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 122 percentage points per year, which is a significant difference in performance.공시 • Sep 30Henan Ancai Hi-Tech Co.,Ltd to Report Q3, 2025 Results on Oct 31, 2025Henan Ancai Hi-Tech Co.,Ltd announced that they will report Q3, 2025 results on Oct 31, 2025모든 업데이트 보기Recent updates공시 • Jun 30Henan Ancai Hi-Tech Co.,Ltd to Report First Half, 2026 Results on Aug 26, 2026Henan Ancai Hi-Tech Co.,Ltd announced that they will report first half, 2026 results on Aug 26, 2026공시 • Jun 03Henan Ancai Hi-Tech Co.,Ltd, Annual General Meeting, Jun 25, 2026Henan Ancai Hi-Tech Co.,Ltd, Annual General Meeting, Jun 25, 2026, at 10:40 China Standard Time. Location: The Company's Meeting Room, Anyang, Henan ChinaReported Earnings • Apr 20Full year 2025 earnings released: CN¥0.67 loss per share (vs CN¥0.33 loss in FY 2024)Full year 2025 results: CN¥0.67 loss per share (further deteriorated from CN¥0.33 loss in FY 2024). Revenue: CN¥2.92b (down 33% from FY 2024). Net loss: CN¥727.2m (loss widened 106% from FY 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 116 percentage points per year, which is a significant difference in performance.New Risk • Apr 07New 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 8.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 78% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (8.4% average weekly change).공시 • Mar 30Henan Ancai Hi-Tech Co.,Ltd to Report Q1, 2026 Results on Apr 29, 2026Henan Ancai Hi-Tech Co.,Ltd announced that they will report Q1, 2026 results on Apr 29, 2026New Risk • Mar 09New major risk - Revenue and earnings growthEarnings have declined by 78% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. This is currently the only risk that has been identified for the company.공시 • Dec 26Henan Ancai Hi-Tech Co.,Ltd to Report Fiscal Year 2025 Results on Apr 18, 2026Henan Ancai Hi-Tech Co.,Ltd announced that they will report fiscal year 2025 results on Apr 18, 2026Board Change • Dec 13Less 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 Gongfu Zhang 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.New Risk • Nov 21New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 7.4% 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. This is currently the only risk that has been identified for the company.Reported Earnings • Nov 03Third quarter 2025 earnings released: CN¥0.13 loss per share (vs CN¥0.093 loss in 3Q 2024)Third quarter 2025 results: CN¥0.13 loss per share (further deteriorated from CN¥0.093 loss in 3Q 2024). Revenue: CN¥714.0m (down 25% from 3Q 2024). Net loss: CN¥142.1m (loss widened 42% from 3Q 2024). Revenue is forecast to grow 2.7% p.a. on average during the next 3 years, compared to a 21% growth forecast for the Electronic industry in China. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 122 percentage points per year, which is a significant difference in performance.공시 • Sep 30Henan Ancai Hi-Tech Co.,Ltd to Report Q3, 2025 Results on Oct 31, 2025Henan Ancai Hi-Tech Co.,Ltd announced that they will report Q3, 2025 results on Oct 31, 2025New Risk • Aug 17New minor risk - ProfitabilityThe company is currently unprofitable and not forecast to become profitable over the next 2 years. Trailing 12-month net loss: CN¥458m Forecast net loss in 2 years: CN¥73m This is considered a minor risk. Companies that are not profitable are more likely to be burning through cash and less likely to be well established. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. Without profits, the company is under pressure to grow significantly while potentially having to reduce costs and possibly needing to take on debt or raise capital to remain afloat. Currently, the following risks have been identified for the company: Major Risk Less than 1 year of cash runway based on free cash flow trend (-CN¥730m free cash flow). Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (CN¥73m net loss in 2 years). Share price has been volatile over the past 3 months (6.7% average weekly change).New Risk • Jul 08New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 7.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Less than 1 year of cash runway based on free cash flow trend (-CN¥730m free cash flow). Minor Risk Share price has been volatile over the past 3 months (7.2% average weekly change).공시 • Jun 30Henan Ancai Hi-Tech Co.,Ltd to Report First Half, 2025 Results on Aug 27, 2025Henan Ancai Hi-Tech Co.,Ltd announced that they will report first half, 2025 results on Aug 27, 2025공시 • May 29Henan Ancai Hi-Tech Co.,Ltd, Annual General Meeting, Jun 19, 2025Henan Ancai Hi-Tech Co.,Ltd, Annual General Meeting, Jun 19, 2025, at 10:00 China Standard Time. Location: The Company's Meeting Room, Anyang, Henan ChinaReported Earnings • Mar 30Full year 2024 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2024 results: CN¥0.33 loss per share (further deteriorated from CN¥0.018 loss in FY 2023). Revenue: CN¥4.34b (down 17% from FY 2023). Net loss: CN¥353.7m (loss widened CN¥334.4m from FY 2023). Revenue exceeded analyst estimates by 3.0%. Earnings per share (EPS) missed analyst estimates. Revenue is forecast to grow 1.5% p.a. on average during the next 2 years, compared to a 18% growth forecast for the Electronic industry in China. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 111 percentage points per year, which is a significant difference in performance.공시 • Mar 28Henan Ancai Hi-Tech Co.,Ltd to Report Q1, 2025 Results on Apr 26, 2025Henan Ancai Hi-Tech Co.,Ltd announced that they will report Q1, 2025 results on Apr 26, 2025분석 기사 • Mar 27We Think Henan Ancai Hi-TechLtd (SHSE:600207) Has A Fair Chunk Of DebtLegendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...분석 기사 • Jan 10Henan Ancai Hi-Tech Co.,Ltd's (SHSE:600207) 25% Dip In Price Shows Sentiment Is Matching RevenuesHenan Ancai Hi-Tech Co.,Ltd ( SHSE:600207 ) shares have had a horrible month, losing 25% after a relatively good period...공시 • Dec 27Henan Ancai Hi-Tech Co.,Ltd to Report Fiscal Year 2024 Results on Mar 29, 2025Henan Ancai Hi-Tech Co.,Ltd announced that they will report fiscal year 2024 results on Mar 29, 2025Reported Earnings • Oct 31Third quarter 2024 earnings released: CN¥0.093 loss per share (vs CN¥0.003 profit in 3Q 2023)Third quarter 2024 results: CN¥0.093 loss per share (down from CN¥0.003 profit in 3Q 2023). Revenue: CN¥952.3m (down 34% from 3Q 2023). Net loss: CN¥100.2m (down CN¥103.3m from profit in 3Q 2023). Revenue is forecast to grow 1.6% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Electronic industry in China. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 105 percentage points per year, which is a significant difference in performance.분석 기사 • Oct 28Henan Ancai Hi-Tech Co.,Ltd's (SHSE:600207) Share Price Boosted 30% But Its Business Prospects Need A Lift TooThe Henan Ancai Hi-Tech Co.,Ltd ( SHSE:600207 ) share price has done very well over the last month, posting an...분석 기사 • Oct 27Henan Ancai Hi-TechLtd (SHSE:600207) Seems To Be Using A Lot Of DebtHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...공시 • Sep 30Henan Ancai Hi-Tech Co.,Ltd to Report Q3, 2024 Results on Oct 30, 2024Henan Ancai Hi-Tech Co.,Ltd announced that they will report Q3, 2024 results on Oct 30, 2024분석 기사 • Sep 03Little Excitement Around Henan Ancai Hi-Tech Co.,Ltd's (SHSE:600207) RevenuesYou may think that with a price-to-sales (or "P/S") ratio of 0.8x Henan Ancai Hi-Tech Co.,Ltd ( SHSE:600207 ) is...분석 기사 • Jul 25These 4 Measures Indicate That Henan Ancai Hi-TechLtd (SHSE:600207) Is Using Debt ExtensivelyDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...New Risk • Jul 22New 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 9.1% 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. This is currently the only risk that has been identified for the company.공시 • Jun 28Henan Ancai Hi-Tech Co.,Ltd to Report First Half, 2024 Results on Aug 31, 2024Henan Ancai Hi-Tech Co.,Ltd announced that they will report first half, 2024 results on Aug 31, 2024공시 • Jun 24Henan Gas (Group) Co.,Ltd. completed the acquisition of Henan Ancai Gas Co., Ltd. from Henan Ancai Hi-Tech Co.,Ltd (SHSE:600207).Henan Gas (Group) Co.,Ltd. agreed to acquire Henan Ancai Gas Co., Ltd. from Henan Ancai Hi-Tech Co.,Ltd (SHSE:600207) for CNY 15.9 million on May 23, 2024. The consideration consists of CNY 15.99 million in cash. As part of the consideration, CNY 15.99 million was paid towards common equity. Henan Ancai Gas Co., Ltd. reported the total assets worth of CNY 135.4769 million, total common equity worth of CNY 6.6851 million and reported the sales revenue of CNY 186.8596 million and the net loss of CNY 16.8619 million, as of December 31, 2023. The transaction is approved by the board of directors of Henan Ancai Hi-Tech Co.,Ltd (SHSE:600207). The transaction is subject to the approval of the shareholders of Henan Ancai Hi-Tech Co.,Ltd (SHSE:600207). As of June 13, 2024, the shareholders of Henan Ancai Hi-Tech approved the transaction. Henan Gas (Group) Co.,Ltd. completed the acquisition of Henan Ancai Gas Co., Ltd. from Henan Ancai Hi-Tech Co.,Ltd (SHSE:600207) on June 22, 2024.공시 • May 25Henan Ancai Hi-Tech Co.,Ltd, Annual General Meeting, Jun 13, 2024Henan Ancai Hi-Tech Co.,Ltd, Annual General Meeting, Jun 13, 2024, at 10:00 China Standard Time. Location: 8F, No. 4, Financial Island Outer Ring Road, Jinshui District, Zhengzhou, Henan ChinaReported Earnings • May 03First quarter 2024 earnings released: CN¥0.002 loss per share (vs CN¥0.009 profit in 1Q 2023)First quarter 2024 results: CN¥0.002 loss per share (down from CN¥0.009 profit in 1Q 2023). Revenue: CN¥1.31b (up 7.1% from 1Q 2023). Net loss: CN¥2.72m (down 127% from profit in 1Q 2023). Revenue is forecast to grow 17% p.a. on average during the next 2 years, compared to a 18% growth forecast for the Electronic industry in China. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 76 percentage points per year, which is a significant difference in performance.분석 기사 • Apr 21Why Investors Shouldn't Be Surprised By Henan Ancai Hi-Tech Co.,Ltd's (SHSE:600207) 28% Share Price PlungeHenan Ancai Hi-Tech Co.,Ltd ( SHSE:600207 ) shareholders that were waiting for something to happen have been dealt a...Reported Earnings • Mar 31Full year 2023 earnings: EPS and revenues miss analyst expectationsFull year 2023 results: CN¥0.018 loss per share (down from CN¥0.09 profit in FY 2022). Revenue: CN¥5.20b (up 25% from FY 2022). Net loss: CN¥19.3m (down 125% from profit in FY 2022). Revenue missed analyst estimates by 1.8%. Earnings per share (EPS) were also behind analyst expectations. Revenue is forecast to grow 15% p.a. on average during the next 2 years, compared to a 18% growth forecast for the Electronic industry in China. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 62 percentage points per year, which is a significant difference in performance.공시 • Mar 29Henan Ancai Hi-Tech Co.,Ltd to Report Q1, 2024 Results on Apr 30, 2024Henan Ancai Hi-Tech Co.,Ltd announced that they will report Q1, 2024 results on Apr 30, 2024분석 기사 • Mar 28There's Been No Shortage Of Growth Recently For Henan Ancai Hi-TechLtd's (SHSE:600207) Returns On CapitalTo find a multi-bagger stock, what are the underlying trends we should look for in a business? Amongst other things...분석 기사 • Mar 06Improved Revenues Required Before Henan Ancai Hi-Tech Co.,Ltd (SHSE:600207) Stock's 48% Jump Looks JustifiedThose holding Henan Ancai Hi-Tech Co.,Ltd ( SHSE:600207 ) shares would be relieved that the share price has rebounded...New Risk • Jan 30New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 6.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (20% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (6.7% average weekly change). Profit margins are more than 30% lower than last year (0.2% net profit margin).공시 • Dec 29Henan Ancai Hi-Tech Co.,Ltd to Report Fiscal Year 2023 Results on Mar 30, 2024Henan Ancai Hi-Tech Co.,Ltd announced that they will report fiscal year 2023 results on Mar 30, 2024New Risk • Oct 29New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 20% 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 (20% accrual ratio). Minor Risks Profit margins are more than 30% lower than last year (0.2% net profit margin). Shareholders have been diluted in the past year (26% increase in shares outstanding).공시 • Sep 30Henan Ancai Hi-Tech Co.,Ltd to Report Q3, 2023 Results on Oct 28, 2023Henan Ancai Hi-Tech Co.,Ltd announced that they will report Q3, 2023 results at 3:00 PM, China Standard Time on Oct 28, 2023Reported Earnings • Aug 30Second quarter 2023 earnings released: EPS: CN¥0.021 (vs CN¥0.048 in 2Q 2022)Second quarter 2023 results: EPS: CN¥0.021 (down from CN¥0.048 in 2Q 2022). Revenue: CN¥1.39b (up 43% from 2Q 2022). Net income: CN¥22.6m (down 46% from 2Q 2022). Profit margin: 1.6% (down from 4.3% in 2Q 2022). 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 20% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings.공시 • Jun 28Henan Ancai Hi-Tech Co.,Ltd to Report First Half, 2023 Results on Aug 30, 2023Henan Ancai Hi-Tech Co.,Ltd announced that they will report first half, 2023 results on Aug 30, 2023Reported Earnings • Mar 30Full year 2022 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2022 results: EPS: CN¥0.09 (down from CN¥0.24 in FY 2021). Revenue: CN¥4.14b (up 24% from FY 2021). Net income: CN¥77.5m (down 63% from FY 2021). Profit margin: 1.9% (down from 6.3% in FY 2021). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 4.5%. Earnings per share (EPS) exceeded analyst estimates by 28%. Revenue is forecast to grow 14% p.a. on average during the next 2 years, compared to a 18% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth.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 Yaohui Liu was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • Oct 30Third quarter 2022 earnings releasedThird quarter 2022 results: Net income: (down CN¥27.5m from profit in 3Q 2021). Revenue is forecast to grow 27% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has increased by 69% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Sep 19Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to CN¥6.26, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 20x in the Electronic industry in China. Total returns to shareholders of 26% over the past three years.Valuation Update With 7 Day Price Move • Jun 20Investor sentiment improved over the past weekAfter last week's 21% share price gain to CN¥7.12, the stock trades at a trailing P/E ratio of 77.9x. Average trailing P/E is 34x in the Electronic industry in China. Total returns to shareholders of 44% over the past three years.Reported Earnings • May 02First quarter 2022 earnings released: EPS: CN¥0.023 (vs CN¥0.17 in 1Q 2021)First quarter 2022 results: EPS: CN¥0.023 (down from CN¥0.17 in 1Q 2021). Revenue: CN¥778.2m (down 16% from 1Q 2021). Net income: CN¥19.4m (down 87% from 1Q 2021). Profit margin: 2.5% (down from 16% in 1Q 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 107% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.Board Change • Apr 27Less 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. 10 experienced directors. No highly experienced directors. 3 independent directors (4 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Reported Earnings • Feb 28Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: CN¥0.24 (up from CN¥0.13 in FY 2020). Revenue: CN¥3.34b (up 46% from FY 2020). Net income: CN¥209.8m (up 89% from FY 2020). Profit margin: 6.3% (up from 4.8% in FY 2020). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 117% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.Reported Earnings • Nov 01Third quarter 2021 earnings released: EPS CN¥0.032 (vs CN¥0.032 in 3Q 2020)The company reported a mediocre third quarter result with weaker profit margins, although earnings were flat and revenues improved. Third quarter 2021 results: Revenue: CN¥877.3m (up 59% from 3Q 2020). Net income: CN¥27.5m (flat on 3Q 2020). Profit margin: 3.1% (down from 5.0% 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 109% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth.공시 • Sep 08Henan Ancai Hi-Tech Co.,Ltd (SHSE:600207) signed agreement to acquire Henan Ancai Photothermal Technology Co., Ltd. from Henan Investment Group for approximately CNY 210 million.Henan Ancai Hi-Tech Co.,Ltd (SHSE:600207) signed agreement to acquire Henan Ancai Photothermal Technology Co., Ltd. from Henan Investment Group for approximately CNY 210 million on September 8, 2021. Henan Ancai Hi-Tech Co.,Ltd. will use its own funds for consideration payment. As of June 30, 2021, Henan Ancai Photothermal Technology Co., Ltd. has reported total assets of CNY 744.29 million and net assets of CNY 178.62 million. The Board of Directors of Henan Ancai Hi-Tech Co.,Ltd. has approved the transaction.Valuation Update With 7 Day Price Move • Aug 20Investor sentiment deteriorated over the past weekAfter last week's 23% share price decline to CN¥6.96, the stock trades at a trailing P/E ratio of 23.4x. Average trailing P/E is 38x in the Electronic industry in China. Total returns to shareholders of 27% over the past three years.Reported Earnings • Aug 15Second quarter 2021 earnings released: EPS CN¥0.033 (vs CN¥0.015 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CN¥708.6m (up 47% from 2Q 2020). Net income: CN¥28.1m (up 110% from 2Q 2020). Profit margin: 4.0% (up from 2.8% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 91% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth.공시 • Jul 15Henan Ancai Hi-Tech Co.,Ltd announced that it expects to receive CNY 1.2 billion in funding from Henan Investment Group and other investorsHenan Ancai Hi-Tech Co., Ltd announced a private placement of not more than 258,880,000 A shares for gross proceeds of up to CNY 1,200,000,000 on July 14, 2021. The transaction will include participation from no more than 35 including returning investor Henan Investment Group. Henan Investment Group. The shares not exceeding 30% of the company's total share capital before the issuance. The issue price shall not be less than 80% of the average price of the company’s stock trading on the 20 trading days prior to the pricing base date. does not exceed 30% of the company's total share capital before the issuance. The shares subscribed by the controlling shareholder Henan Investment Group for this transaction shall not be transferred within 18 months from the date of completion of the offering. The shares subscribed by other issuers for this issue shall not be transferred within 6 months from the date of the end of the issue. The transaction has been approved by 13th meeting of its seventh board of directors. The transaction is subject to be submitted to the state-owned assets supervision and management agency or authorized unit for approval, and its shareholders meeting for review and approval, and It can be implemented after approval by the China Securities Regulatory Commission.Reported Earnings • May 05First quarter 2021 earnings released: EPS CN¥0.17 (vs CN¥0.024 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: CN¥921.3m (up 64% from 1Q 2020). Net income: CN¥151.0m (up CN¥130.7m from 1Q 2020). Profit margin: 16% (up from 3.6% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 66% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings.Reported Earnings • Mar 28Full year 2020 earnings released: EPS CN¥0.13 (vs CN¥0.023 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: CN¥2.29b (up 14% from FY 2019). Net income: CN¥111.1m (up 459% from FY 2019). Profit margin: 4.8% (up from 1.0% in FY 2019). Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings.공시 • Mar 05Henan Ancai Hi-Tech Co.,Ltd to Report Fiscal Year 2020 Results on Mar 27, 2021Henan Ancai Hi-Tech Co.,Ltd announced that they will report fiscal year 2020 results on Mar 27, 2021Is New 90 Day High Low • Dec 18New 90-day high: CN¥6.26The company is up 22% from its price of CN¥5.15 on 18 September 2020. The Chinese market is up 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is down 2.0% over the same period.Is New 90 Day High Low • Nov 07New 90-day high: CN¥6.04The company is up 5.0% from its price of CN¥5.73 on 07 August 2020. The Chinese market is down 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is up 2.0% over the same period.공시 • Oct 27Henan Ancai Hi-Tech Co.,Ltd to Report Q3, 2020 Results on Oct 30, 2020Henan Ancai Hi-Tech Co.,Ltd announced that they will report Q3, 2020 results on Oct 30, 2020공시 • Jul 10Henan Ancai Hi-Tech Co.,Ltd to Report First Half, 2020 Results on Aug 28, 2020Henan Ancai Hi-Tech Co.,Ltd announced that they will report first half, 2020 results on Aug 28, 2020매출 및 비용 세부 내역Henan Ancai Hi-TechLtd가 돈을 벌고 사용하는 방법. 최근 발표된 LTM 실적 기준.순이익 및 매출 추이SHSE:600207 매출, 비용 및 순이익 (CNY Millions)날짜매출순이익일반관리비연구개발비31 Mar 262,485-7681698331 Dec 252,919-7271909330 Sep 253,335-6221979630 Jun 253,573-58018710431 Mar 254,042-45919311831 Dec 244,339-35520212330 Sep 244,612-14523517530 Jun 245,094-4224717231 Mar 245,285-3223716531 Dec 235,198-1922715430 Sep 235,4021020510930 Jun 235,0074919910531 Mar 234,588681999031 Dec 224,144771868830 Sep 223,6511071567230 Jun 223,489931556031 Mar 223,226801445231 Dec 213,3692111415030 Sep 213,2002561044630 Jun 212,8752561074331 Mar 212,6492411183931 Dec 202,2911111302930 Sep 202,260541671530 Jun 202,11933163731 Mar 202,02166159131 Dec 192,01620155130 Sep 191,903-279164130 Jun 191,922-313165131 Mar 192,060-348178131 Dec 182,134-333190130 Sep 182,178-11194130 Jun 182,20825194131 Mar 182,16116191131 Dec 171,9849189130 Sep 171,8841166030 Jun 171,850-7179031 Mar 171,807-9172031 Dec 161,87110174030 Sep 161,860-38183030 Jun 161,864115186031 Mar 161,82263195031 Dec 151,76819191030 Sep 151,798-1372090양질의 수익: 600207 은(는) 현재 수익성이 없습니다.이익 마진 증가: 600207는 현재 수익성이 없습니다.잉여현금흐름 대비 순이익 분석과거 순이익 성장 분석수익추이: 600207은 수익성이 없으며 지난 5년 동안 손실이 연평균 81% 증가했습니다.성장 가속화: 현재 수익성이 없어 지난 1년간 600207의 수익 성장률을 5년 평균과 비교할 수 없습니다.수익 대 산업: 600207은 수익성이 없어 지난 해 수익 성장률을 Electronic 업계(9.7%)와 비교하기 어렵습니다.자기자본이익률높은 ROE: 600207는 현재 수익성이 없으므로 자본 수익률이 음수(-43.97%)입니다.총자산이익률투하자본수익률우수한 과거 실적 기업을 찾아보세요7D1Y7D1Y7D1YTech 산업에서 과거 실적이 우수한 기업.View Financial Health기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/07/05 12:39종가2026/07/03 00:00수익2026/03/31연간 수익2025/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 세부 정보는 당사의 Github 페이지에서 확인하실 수 있으며, 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공하고 있습니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Henan Ancai Hi-Tech Co.,Ltd는 2명의 분석가가 다루고 있습니다. 이 중 0명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Mingxin SunCitic Securities Co., Ltd.Weifeng SunEverbright Securities Co. Ltd.
공시 • Jun 30Henan Ancai Hi-Tech Co.,Ltd to Report First Half, 2026 Results on Aug 26, 2026Henan Ancai Hi-Tech Co.,Ltd announced that they will report first half, 2026 results on Aug 26, 2026
Reported Earnings • Apr 20Full year 2025 earnings released: CN¥0.67 loss per share (vs CN¥0.33 loss in FY 2024)Full year 2025 results: CN¥0.67 loss per share (further deteriorated from CN¥0.33 loss in FY 2024). Revenue: CN¥2.92b (down 33% from FY 2024). Net loss: CN¥727.2m (loss widened 106% from FY 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 116 percentage points per year, which is a significant difference in performance.
공시 • Mar 30Henan Ancai Hi-Tech Co.,Ltd to Report Q1, 2026 Results on Apr 29, 2026Henan Ancai Hi-Tech Co.,Ltd announced that they will report Q1, 2026 results on Apr 29, 2026
공시 • Dec 26Henan Ancai Hi-Tech Co.,Ltd to Report Fiscal Year 2025 Results on Apr 18, 2026Henan Ancai Hi-Tech Co.,Ltd announced that they will report fiscal year 2025 results on Apr 18, 2026
Reported Earnings • Nov 03Third quarter 2025 earnings released: CN¥0.13 loss per share (vs CN¥0.093 loss in 3Q 2024)Third quarter 2025 results: CN¥0.13 loss per share (further deteriorated from CN¥0.093 loss in 3Q 2024). Revenue: CN¥714.0m (down 25% from 3Q 2024). Net loss: CN¥142.1m (loss widened 42% from 3Q 2024). Revenue is forecast to grow 2.7% p.a. on average during the next 3 years, compared to a 21% growth forecast for the Electronic industry in China. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 122 percentage points per year, which is a significant difference in performance.
공시 • Sep 30Henan Ancai Hi-Tech Co.,Ltd to Report Q3, 2025 Results on Oct 31, 2025Henan Ancai Hi-Tech Co.,Ltd announced that they will report Q3, 2025 results on Oct 31, 2025
공시 • Jun 30Henan Ancai Hi-Tech Co.,Ltd to Report First Half, 2026 Results on Aug 26, 2026Henan Ancai Hi-Tech Co.,Ltd announced that they will report first half, 2026 results on Aug 26, 2026
공시 • Jun 03Henan Ancai Hi-Tech Co.,Ltd, Annual General Meeting, Jun 25, 2026Henan Ancai Hi-Tech Co.,Ltd, Annual General Meeting, Jun 25, 2026, at 10:40 China Standard Time. Location: The Company's Meeting Room, Anyang, Henan China
Reported Earnings • Apr 20Full year 2025 earnings released: CN¥0.67 loss per share (vs CN¥0.33 loss in FY 2024)Full year 2025 results: CN¥0.67 loss per share (further deteriorated from CN¥0.33 loss in FY 2024). Revenue: CN¥2.92b (down 33% from FY 2024). Net loss: CN¥727.2m (loss widened 106% from FY 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 116 percentage points per year, which is a significant difference in performance.
New Risk • Apr 07New 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 8.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 78% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (8.4% average weekly change).
공시 • Mar 30Henan Ancai Hi-Tech Co.,Ltd to Report Q1, 2026 Results on Apr 29, 2026Henan Ancai Hi-Tech Co.,Ltd announced that they will report Q1, 2026 results on Apr 29, 2026
New Risk • Mar 09New major risk - Revenue and earnings growthEarnings have declined by 78% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. This is currently the only risk that has been identified for the company.
공시 • Dec 26Henan Ancai Hi-Tech Co.,Ltd to Report Fiscal Year 2025 Results on Apr 18, 2026Henan Ancai Hi-Tech Co.,Ltd announced that they will report fiscal year 2025 results on Apr 18, 2026
Board Change • Dec 13Less 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 Gongfu Zhang 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.
New Risk • Nov 21New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 7.4% 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. This is currently the only risk that has been identified for the company.
Reported Earnings • Nov 03Third quarter 2025 earnings released: CN¥0.13 loss per share (vs CN¥0.093 loss in 3Q 2024)Third quarter 2025 results: CN¥0.13 loss per share (further deteriorated from CN¥0.093 loss in 3Q 2024). Revenue: CN¥714.0m (down 25% from 3Q 2024). Net loss: CN¥142.1m (loss widened 42% from 3Q 2024). Revenue is forecast to grow 2.7% p.a. on average during the next 3 years, compared to a 21% growth forecast for the Electronic industry in China. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 122 percentage points per year, which is a significant difference in performance.
공시 • Sep 30Henan Ancai Hi-Tech Co.,Ltd to Report Q3, 2025 Results on Oct 31, 2025Henan Ancai Hi-Tech Co.,Ltd announced that they will report Q3, 2025 results on Oct 31, 2025
New Risk • Aug 17New minor risk - ProfitabilityThe company is currently unprofitable and not forecast to become profitable over the next 2 years. Trailing 12-month net loss: CN¥458m Forecast net loss in 2 years: CN¥73m This is considered a minor risk. Companies that are not profitable are more likely to be burning through cash and less likely to be well established. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. Without profits, the company is under pressure to grow significantly while potentially having to reduce costs and possibly needing to take on debt or raise capital to remain afloat. Currently, the following risks have been identified for the company: Major Risk Less than 1 year of cash runway based on free cash flow trend (-CN¥730m free cash flow). Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (CN¥73m net loss in 2 years). Share price has been volatile over the past 3 months (6.7% average weekly change).
New Risk • Jul 08New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 7.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Less than 1 year of cash runway based on free cash flow trend (-CN¥730m free cash flow). Minor Risk Share price has been volatile over the past 3 months (7.2% average weekly change).
공시 • Jun 30Henan Ancai Hi-Tech Co.,Ltd to Report First Half, 2025 Results on Aug 27, 2025Henan Ancai Hi-Tech Co.,Ltd announced that they will report first half, 2025 results on Aug 27, 2025
공시 • May 29Henan Ancai Hi-Tech Co.,Ltd, Annual General Meeting, Jun 19, 2025Henan Ancai Hi-Tech Co.,Ltd, Annual General Meeting, Jun 19, 2025, at 10:00 China Standard Time. Location: The Company's Meeting Room, Anyang, Henan China
Reported Earnings • Mar 30Full year 2024 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2024 results: CN¥0.33 loss per share (further deteriorated from CN¥0.018 loss in FY 2023). Revenue: CN¥4.34b (down 17% from FY 2023). Net loss: CN¥353.7m (loss widened CN¥334.4m from FY 2023). Revenue exceeded analyst estimates by 3.0%. Earnings per share (EPS) missed analyst estimates. Revenue is forecast to grow 1.5% p.a. on average during the next 2 years, compared to a 18% growth forecast for the Electronic industry in China. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 111 percentage points per year, which is a significant difference in performance.
공시 • Mar 28Henan Ancai Hi-Tech Co.,Ltd to Report Q1, 2025 Results on Apr 26, 2025Henan Ancai Hi-Tech Co.,Ltd announced that they will report Q1, 2025 results on Apr 26, 2025
분석 기사 • Mar 27We Think Henan Ancai Hi-TechLtd (SHSE:600207) Has A Fair Chunk Of DebtLegendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
분석 기사 • Jan 10Henan Ancai Hi-Tech Co.,Ltd's (SHSE:600207) 25% Dip In Price Shows Sentiment Is Matching RevenuesHenan Ancai Hi-Tech Co.,Ltd ( SHSE:600207 ) shares have had a horrible month, losing 25% after a relatively good period...
공시 • Dec 27Henan Ancai Hi-Tech Co.,Ltd to Report Fiscal Year 2024 Results on Mar 29, 2025Henan Ancai Hi-Tech Co.,Ltd announced that they will report fiscal year 2024 results on Mar 29, 2025
Reported Earnings • Oct 31Third quarter 2024 earnings released: CN¥0.093 loss per share (vs CN¥0.003 profit in 3Q 2023)Third quarter 2024 results: CN¥0.093 loss per share (down from CN¥0.003 profit in 3Q 2023). Revenue: CN¥952.3m (down 34% from 3Q 2023). Net loss: CN¥100.2m (down CN¥103.3m from profit in 3Q 2023). Revenue is forecast to grow 1.6% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Electronic industry in China. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 105 percentage points per year, which is a significant difference in performance.
분석 기사 • Oct 28Henan Ancai Hi-Tech Co.,Ltd's (SHSE:600207) Share Price Boosted 30% But Its Business Prospects Need A Lift TooThe Henan Ancai Hi-Tech Co.,Ltd ( SHSE:600207 ) share price has done very well over the last month, posting an...
분석 기사 • Oct 27Henan Ancai Hi-TechLtd (SHSE:600207) Seems To Be Using A Lot Of DebtHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
공시 • Sep 30Henan Ancai Hi-Tech Co.,Ltd to Report Q3, 2024 Results on Oct 30, 2024Henan Ancai Hi-Tech Co.,Ltd announced that they will report Q3, 2024 results on Oct 30, 2024
분석 기사 • Sep 03Little Excitement Around Henan Ancai Hi-Tech Co.,Ltd's (SHSE:600207) RevenuesYou may think that with a price-to-sales (or "P/S") ratio of 0.8x Henan Ancai Hi-Tech Co.,Ltd ( SHSE:600207 ) is...
분석 기사 • Jul 25These 4 Measures Indicate That Henan Ancai Hi-TechLtd (SHSE:600207) Is Using Debt ExtensivelyDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
New Risk • Jul 22New 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 9.1% 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. This is currently the only risk that has been identified for the company.
공시 • Jun 28Henan Ancai Hi-Tech Co.,Ltd to Report First Half, 2024 Results on Aug 31, 2024Henan Ancai Hi-Tech Co.,Ltd announced that they will report first half, 2024 results on Aug 31, 2024
공시 • Jun 24Henan Gas (Group) Co.,Ltd. completed the acquisition of Henan Ancai Gas Co., Ltd. from Henan Ancai Hi-Tech Co.,Ltd (SHSE:600207).Henan Gas (Group) Co.,Ltd. agreed to acquire Henan Ancai Gas Co., Ltd. from Henan Ancai Hi-Tech Co.,Ltd (SHSE:600207) for CNY 15.9 million on May 23, 2024. The consideration consists of CNY 15.99 million in cash. As part of the consideration, CNY 15.99 million was paid towards common equity. Henan Ancai Gas Co., Ltd. reported the total assets worth of CNY 135.4769 million, total common equity worth of CNY 6.6851 million and reported the sales revenue of CNY 186.8596 million and the net loss of CNY 16.8619 million, as of December 31, 2023. The transaction is approved by the board of directors of Henan Ancai Hi-Tech Co.,Ltd (SHSE:600207). The transaction is subject to the approval of the shareholders of Henan Ancai Hi-Tech Co.,Ltd (SHSE:600207). As of June 13, 2024, the shareholders of Henan Ancai Hi-Tech approved the transaction. Henan Gas (Group) Co.,Ltd. completed the acquisition of Henan Ancai Gas Co., Ltd. from Henan Ancai Hi-Tech Co.,Ltd (SHSE:600207) on June 22, 2024.
공시 • May 25Henan Ancai Hi-Tech Co.,Ltd, Annual General Meeting, Jun 13, 2024Henan Ancai Hi-Tech Co.,Ltd, Annual General Meeting, Jun 13, 2024, at 10:00 China Standard Time. Location: 8F, No. 4, Financial Island Outer Ring Road, Jinshui District, Zhengzhou, Henan China
Reported Earnings • May 03First quarter 2024 earnings released: CN¥0.002 loss per share (vs CN¥0.009 profit in 1Q 2023)First quarter 2024 results: CN¥0.002 loss per share (down from CN¥0.009 profit in 1Q 2023). Revenue: CN¥1.31b (up 7.1% from 1Q 2023). Net loss: CN¥2.72m (down 127% from profit in 1Q 2023). Revenue is forecast to grow 17% p.a. on average during the next 2 years, compared to a 18% growth forecast for the Electronic industry in China. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 76 percentage points per year, which is a significant difference in performance.
분석 기사 • Apr 21Why Investors Shouldn't Be Surprised By Henan Ancai Hi-Tech Co.,Ltd's (SHSE:600207) 28% Share Price PlungeHenan Ancai Hi-Tech Co.,Ltd ( SHSE:600207 ) shareholders that were waiting for something to happen have been dealt a...
Reported Earnings • Mar 31Full year 2023 earnings: EPS and revenues miss analyst expectationsFull year 2023 results: CN¥0.018 loss per share (down from CN¥0.09 profit in FY 2022). Revenue: CN¥5.20b (up 25% from FY 2022). Net loss: CN¥19.3m (down 125% from profit in FY 2022). Revenue missed analyst estimates by 1.8%. Earnings per share (EPS) were also behind analyst expectations. Revenue is forecast to grow 15% p.a. on average during the next 2 years, compared to a 18% growth forecast for the Electronic industry in China. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 62 percentage points per year, which is a significant difference in performance.
공시 • Mar 29Henan Ancai Hi-Tech Co.,Ltd to Report Q1, 2024 Results on Apr 30, 2024Henan Ancai Hi-Tech Co.,Ltd announced that they will report Q1, 2024 results on Apr 30, 2024
분석 기사 • Mar 28There's Been No Shortage Of Growth Recently For Henan Ancai Hi-TechLtd's (SHSE:600207) Returns On CapitalTo find a multi-bagger stock, what are the underlying trends we should look for in a business? Amongst other things...
분석 기사 • Mar 06Improved Revenues Required Before Henan Ancai Hi-Tech Co.,Ltd (SHSE:600207) Stock's 48% Jump Looks JustifiedThose holding Henan Ancai Hi-Tech Co.,Ltd ( SHSE:600207 ) shares would be relieved that the share price has rebounded...
New Risk • Jan 30New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 6.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (20% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (6.7% average weekly change). Profit margins are more than 30% lower than last year (0.2% net profit margin).
공시 • Dec 29Henan Ancai Hi-Tech Co.,Ltd to Report Fiscal Year 2023 Results on Mar 30, 2024Henan Ancai Hi-Tech Co.,Ltd announced that they will report fiscal year 2023 results on Mar 30, 2024
New Risk • Oct 29New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 20% 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 (20% accrual ratio). Minor Risks Profit margins are more than 30% lower than last year (0.2% net profit margin). Shareholders have been diluted in the past year (26% increase in shares outstanding).
공시 • Sep 30Henan Ancai Hi-Tech Co.,Ltd to Report Q3, 2023 Results on Oct 28, 2023Henan Ancai Hi-Tech Co.,Ltd announced that they will report Q3, 2023 results at 3:00 PM, China Standard Time on Oct 28, 2023
Reported Earnings • Aug 30Second quarter 2023 earnings released: EPS: CN¥0.021 (vs CN¥0.048 in 2Q 2022)Second quarter 2023 results: EPS: CN¥0.021 (down from CN¥0.048 in 2Q 2022). Revenue: CN¥1.39b (up 43% from 2Q 2022). Net income: CN¥22.6m (down 46% from 2Q 2022). Profit margin: 1.6% (down from 4.3% in 2Q 2022). 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 20% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings.
공시 • Jun 28Henan Ancai Hi-Tech Co.,Ltd to Report First Half, 2023 Results on Aug 30, 2023Henan Ancai Hi-Tech Co.,Ltd announced that they will report first half, 2023 results on Aug 30, 2023
Reported Earnings • Mar 30Full year 2022 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2022 results: EPS: CN¥0.09 (down from CN¥0.24 in FY 2021). Revenue: CN¥4.14b (up 24% from FY 2021). Net income: CN¥77.5m (down 63% from FY 2021). Profit margin: 1.9% (down from 6.3% in FY 2021). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 4.5%. Earnings per share (EPS) exceeded analyst estimates by 28%. Revenue is forecast to grow 14% p.a. on average during the next 2 years, compared to a 18% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth.
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 Yaohui Liu was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • Oct 30Third quarter 2022 earnings releasedThird quarter 2022 results: Net income: (down CN¥27.5m from profit in 3Q 2021). Revenue is forecast to grow 27% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has increased by 69% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Sep 19Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to CN¥6.26, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 20x in the Electronic industry in China. Total returns to shareholders of 26% over the past three years.
Valuation Update With 7 Day Price Move • Jun 20Investor sentiment improved over the past weekAfter last week's 21% share price gain to CN¥7.12, the stock trades at a trailing P/E ratio of 77.9x. Average trailing P/E is 34x in the Electronic industry in China. Total returns to shareholders of 44% over the past three years.
Reported Earnings • May 02First quarter 2022 earnings released: EPS: CN¥0.023 (vs CN¥0.17 in 1Q 2021)First quarter 2022 results: EPS: CN¥0.023 (down from CN¥0.17 in 1Q 2021). Revenue: CN¥778.2m (down 16% from 1Q 2021). Net income: CN¥19.4m (down 87% from 1Q 2021). Profit margin: 2.5% (down from 16% in 1Q 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 107% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.
Board Change • Apr 27Less 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. 10 experienced directors. No highly experienced directors. 3 independent directors (4 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Reported Earnings • Feb 28Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: CN¥0.24 (up from CN¥0.13 in FY 2020). Revenue: CN¥3.34b (up 46% from FY 2020). Net income: CN¥209.8m (up 89% from FY 2020). Profit margin: 6.3% (up from 4.8% in FY 2020). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 117% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Nov 01Third quarter 2021 earnings released: EPS CN¥0.032 (vs CN¥0.032 in 3Q 2020)The company reported a mediocre third quarter result with weaker profit margins, although earnings were flat and revenues improved. Third quarter 2021 results: Revenue: CN¥877.3m (up 59% from 3Q 2020). Net income: CN¥27.5m (flat on 3Q 2020). Profit margin: 3.1% (down from 5.0% 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 109% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth.
공시 • Sep 08Henan Ancai Hi-Tech Co.,Ltd (SHSE:600207) signed agreement to acquire Henan Ancai Photothermal Technology Co., Ltd. from Henan Investment Group for approximately CNY 210 million.Henan Ancai Hi-Tech Co.,Ltd (SHSE:600207) signed agreement to acquire Henan Ancai Photothermal Technology Co., Ltd. from Henan Investment Group for approximately CNY 210 million on September 8, 2021. Henan Ancai Hi-Tech Co.,Ltd. will use its own funds for consideration payment. As of June 30, 2021, Henan Ancai Photothermal Technology Co., Ltd. has reported total assets of CNY 744.29 million and net assets of CNY 178.62 million. The Board of Directors of Henan Ancai Hi-Tech Co.,Ltd. has approved the transaction.
Valuation Update With 7 Day Price Move • Aug 20Investor sentiment deteriorated over the past weekAfter last week's 23% share price decline to CN¥6.96, the stock trades at a trailing P/E ratio of 23.4x. Average trailing P/E is 38x in the Electronic industry in China. Total returns to shareholders of 27% over the past three years.
Reported Earnings • Aug 15Second quarter 2021 earnings released: EPS CN¥0.033 (vs CN¥0.015 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CN¥708.6m (up 47% from 2Q 2020). Net income: CN¥28.1m (up 110% from 2Q 2020). Profit margin: 4.0% (up from 2.8% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 91% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth.
공시 • Jul 15Henan Ancai Hi-Tech Co.,Ltd announced that it expects to receive CNY 1.2 billion in funding from Henan Investment Group and other investorsHenan Ancai Hi-Tech Co., Ltd announced a private placement of not more than 258,880,000 A shares for gross proceeds of up to CNY 1,200,000,000 on July 14, 2021. The transaction will include participation from no more than 35 including returning investor Henan Investment Group. Henan Investment Group. The shares not exceeding 30% of the company's total share capital before the issuance. The issue price shall not be less than 80% of the average price of the company’s stock trading on the 20 trading days prior to the pricing base date. does not exceed 30% of the company's total share capital before the issuance. The shares subscribed by the controlling shareholder Henan Investment Group for this transaction shall not be transferred within 18 months from the date of completion of the offering. The shares subscribed by other issuers for this issue shall not be transferred within 6 months from the date of the end of the issue. The transaction has been approved by 13th meeting of its seventh board of directors. The transaction is subject to be submitted to the state-owned assets supervision and management agency or authorized unit for approval, and its shareholders meeting for review and approval, and It can be implemented after approval by the China Securities Regulatory Commission.
Reported Earnings • May 05First quarter 2021 earnings released: EPS CN¥0.17 (vs CN¥0.024 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: CN¥921.3m (up 64% from 1Q 2020). Net income: CN¥151.0m (up CN¥130.7m from 1Q 2020). Profit margin: 16% (up from 3.6% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 66% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings.
Reported Earnings • Mar 28Full year 2020 earnings released: EPS CN¥0.13 (vs CN¥0.023 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: CN¥2.29b (up 14% from FY 2019). Net income: CN¥111.1m (up 459% from FY 2019). Profit margin: 4.8% (up from 1.0% in FY 2019). Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings.
공시 • Mar 05Henan Ancai Hi-Tech Co.,Ltd to Report Fiscal Year 2020 Results on Mar 27, 2021Henan Ancai Hi-Tech Co.,Ltd announced that they will report fiscal year 2020 results on Mar 27, 2021
Is New 90 Day High Low • Dec 18New 90-day high: CN¥6.26The company is up 22% from its price of CN¥5.15 on 18 September 2020. The Chinese market is up 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is down 2.0% over the same period.
Is New 90 Day High Low • Nov 07New 90-day high: CN¥6.04The company is up 5.0% from its price of CN¥5.73 on 07 August 2020. The Chinese market is down 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is up 2.0% over the same period.
공시 • Oct 27Henan Ancai Hi-Tech Co.,Ltd to Report Q3, 2020 Results on Oct 30, 2020Henan Ancai Hi-Tech Co.,Ltd announced that they will report Q3, 2020 results on Oct 30, 2020
공시 • Jul 10Henan Ancai Hi-Tech Co.,Ltd to Report First Half, 2020 Results on Aug 28, 2020Henan Ancai Hi-Tech Co.,Ltd announced that they will report first half, 2020 results on Aug 28, 2020