View Financial HealthBeijing Tricolor Technology 배당 및 자사주 매입배당 기준 점검 0/6Beijing Tricolor Technology 은(는) 현재 수익률이 0.084% 인 배당금 지급 회사입니다.핵심 정보0.08%배당 수익률-0.1%자사주 매입 수익률총 주주 수익률-0.02%미래 배당 수익률n/a배당 성장률-5.8%다음 배당 지급일n/a배당락일n/a주당 배당금n/a배당 성향7%최근 배당 및 자사주 매입 업데이트Declared Dividend • Jun 15Dividend reduced to CN¥0.10Dividend of CN¥0.10 is 60% lower than last year. Ex-date: 18th June 2026 Payment date: 18th June 2026 Dividend yield will be 0.08%, which is lower than the industry average of 1.8%.공시 • Feb 01Beijing Tricolor Technology Co., Ltd (SHSE:603516) announces an Equity Buyback for CNY 40 million worth of its shares.Beijing Tricolor Technology Co., Ltd (SHSE:603516) announces a share repurchase program. Under the program, the company will repurchase up to CNY 40 million worth of its Class A shares. The shares will be repurchased at a price not more than CNY 30 per share. The repurchased shares will be used for ESOP or equity incentives. The program will be valid for a period of 12 months.공시 • May 10Beijing Tricolor Technology Co., Ltd (SHSE:603516) announces an Equity Buyback for CNY 60 million worth of its shares.Beijing Tricolor Technology Co., Ltd (SHSE:603516) announces a share repurchase program. Under the program, the company will repurchase up to CNY 60 million worth of its shares. The shares will be repurchased at a price not more than CNY 18 per share. The repurchased shares will be used for equity incentives. The program will be valid for a period of 12 months.모든 업데이트 보기Recent updates공시 • Jun 30Beijing Tricolor Technology Co., Ltd to Report First Half, 2026 Results on Aug 26, 2026Beijing Tricolor Technology Co., Ltd announced that they will report first half, 2026 results on Aug 26, 2026Declared Dividend • Jun 15Dividend reduced to CN¥0.10Dividend of CN¥0.10 is 60% lower than last year. Ex-date: 18th June 2026 Payment date: 18th June 2026 Dividend yield will be 0.08%, which is lower than the industry average of 1.8%.Valuation Update With 7 Day Price Move • Jun 12Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to CN¥111, the stock trades at a trailing P/E ratio of 76.1x. Average trailing P/E is 72x in the Electronic industry in China. Total returns to shareholders of 399% over the past three years.공시 • Apr 29Beijing Tricolor Technology Co., Ltd, Annual General Meeting, May 21, 2026Beijing Tricolor Technology Co., Ltd, Annual General Meeting, May 21, 2026, at 13:30 China Standard Time. Location: 8F, Building 1, Yard No. 39, Linfeng 2nd Road, Haidian District, Beijing ChinaReported Earnings • Apr 29Full year 2025 earnings released: EPS: CN¥1.38 (vs CN¥0.43 in FY 2024)Full year 2025 results: EPS: CN¥1.38 (up from CN¥0.43 in FY 2024). Revenue: CN¥329.2m (down 34% from FY 2024). Net income: CN¥279.6m (up 226% from FY 2024). Profit margin: 85% (up from 17% in FY 2024). Over the last 3 years on average, earnings per share has increased by 65% per year but the company’s share price has increased by 93% per year, which means it is tracking significantly ahead of earnings growth.공시 • Mar 30Beijing Tricolor Technology Co., Ltd to Report Q1, 2026 Results on Apr 29, 2026Beijing Tricolor Technology Co., Ltd announced that they will report Q1, 2026 results on Apr 29, 2026공시 • Dec 26Beijing Tricolor Technology Co., Ltd to Report Fiscal Year 2025 Results on Apr 29, 2026Beijing Tricolor Technology Co., Ltd announced that they will report fiscal year 2025 results on Apr 29, 2026Board Change • Dec 08Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Director Hechun Zhao was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • Oct 30Third quarter 2025 earnings released: EPS: CN¥0.048 (vs CN¥0.061 in 3Q 2024)Third quarter 2025 results: EPS: CN¥0.048 (down from CN¥0.061 in 3Q 2024). Revenue: CN¥64.8m (down 30% from 3Q 2024). Net income: CN¥10.8m (down 12% from 3Q 2024). Profit margin: 17% (up from 13% in 3Q 2024). Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 139% per year, which means it is well ahead of earnings.공시 • Sep 30Beijing Tricolor Technology Co., Ltd to Report Q3, 2025 Results on Oct 30, 2025Beijing Tricolor Technology Co., Ltd announced that they will report Q3, 2025 results on Oct 30, 2025New Risk • Aug 24New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 1.7% Last year net profit margin: 9.7% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (9.5% average weekly change). Earnings have declined by 27% per year over the past 5 years. Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.7% net profit margin).Reported Earnings • Aug 24Second quarter 2025 earnings released: CN¥0.13 loss per share (vs CN¥0.17 profit in 2Q 2024)Second quarter 2025 results: CN¥0.13 loss per share (down from CN¥0.17 profit in 2Q 2024). Revenue: CN¥89.7m (down 44% from 2Q 2024). Net loss: CN¥25.5m (down 177% from profit in 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 105% per year, which means it is well ahead of earnings.공시 • Jun 30Beijing Tricolor Technology Co., Ltd to Report First Half, 2025 Results on Aug 23, 2025Beijing Tricolor Technology Co., Ltd announced that they will report first half, 2025 results on Aug 23, 2025New Risk • Apr 28New minor risk - Dividend sustainabilityThe dividend is not well covered by cash flows. Cash payout ratio: 93% Dividend yield: 0.8% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 25% per year over the past 5 years. Minor Risks Dividend is not well covered by cash flows (93% cash payout ratio). Share price has been volatile over the past 3 months (9.7% average weekly change). Large one-off items impacting financial results.Reported Earnings • Apr 24Full year 2024 earnings released: EPS: CN¥0.43 (vs CN¥0.09 in FY 2023)Full year 2024 results: EPS: CN¥0.43 (up from CN¥0.09 in FY 2023). Revenue: CN¥494.9m (flat on FY 2023). Net income: CN¥85.8m (up 391% from FY 2023). Profit margin: 17% (up from 3.5% in FY 2023). Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has increased by 55% per year, which means it is well ahead of earnings.공시 • Apr 23Beijing Tricolor Technology Co., Ltd, Annual General Meeting, May 26, 2025Beijing Tricolor Technology Co., Ltd, Annual General Meeting, May 26, 2025, at 13:30 China Standard Time. Location: 8F, Building 1, Yard No. 39, Linfeng 2nd Road, Haidian District, Beijing ChinaNew Risk • Apr 10New major risk - Revenue and earnings growthEarnings have declined by 29% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 29% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (9.6% average weekly change).공시 • Mar 28Beijing Tricolor Technology Co., Ltd to Report Q1, 2025 Results on Apr 24, 2025Beijing Tricolor Technology Co., Ltd announced that they will report Q1, 2025 results on Apr 24, 2025New Risk • Jan 12New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Chinese stocks, typically moving 11% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (11% average weekly change). Minor Risk Shareholders have been diluted in the past year (9.0% increase in shares outstanding).분석 기사 • Jan 01Beijing Tricolor Technology Co., Ltd's (SHSE:603516) P/S Is Still On The Mark Following 26% Share Price BounceDespite an already strong run, Beijing Tricolor Technology Co., Ltd ( SHSE:603516 ) shares have been powering on, with...공시 • Dec 27Beijing Tricolor Technology Co., Ltd to Report Fiscal Year 2024 Results on Apr 23, 2025Beijing Tricolor Technology Co., Ltd announced that they will report fiscal year 2024 results on Apr 23, 2025분석 기사 • Nov 11Beijing Tricolor Technology Co., Ltd's (SHSE:603516) P/S Is Still On The Mark Following 28% Share Price BounceBeijing Tricolor Technology Co., Ltd ( SHSE:603516 ) shareholders have had their patience rewarded with a 28% share...Reported Earnings • Oct 26Third quarter 2024 earnings released: EPS: CN¥0.061 (vs CN¥0.02 in 3Q 2023)Third quarter 2024 results: EPS: CN¥0.061 (up from CN¥0.02 in 3Q 2023). Revenue: CN¥92.9m (down 22% from 3Q 2023). Net income: CN¥12.3m (up 146% from 3Q 2023). Profit margin: 13% (up from 4.2% in 3Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 32% 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, earnings per share has fallen by 39% per year but the company’s share price has increased by 28% per year, which means it is well ahead of earnings.공시 • Sep 30Beijing Tricolor Technology Co., Ltd to Report Q3, 2024 Results on Oct 26, 2024Beijing Tricolor Technology Co., Ltd announced that they will report Q3, 2024 results on Oct 26, 2024분석 기사 • Sep 28Returns On Capital Signal Tricky Times Ahead For Beijing Tricolor Technology (SHSE:603516)What are the early trends we should look for to identify a stock that could multiply in value over the long term...분석 기사 • Aug 12With A 26% Price Drop For Beijing Tricolor Technology Co., Ltd (SHSE:603516) You'll Still Get What You Pay ForBeijing Tricolor Technology Co., Ltd ( SHSE:603516 ) shareholders won't be pleased to see that the share price has had...Reported Earnings • Aug 09Second quarter 2024 earnings released: EPS: CN¥0.17 (vs CN¥0.12 in 2Q 2023)Second quarter 2024 results: EPS: CN¥0.17 (up from CN¥0.12 in 2Q 2023). Revenue: CN¥158.8m (up 8.9% from 2Q 2023). Net income: CN¥33.2m (up 78% from 2Q 2023). Profit margin: 21% (up from 13% in 2Q 2023). The increase in margin was primarily driven by higher revenue. Revenue is forecast to grow 41% p.a. on average during the next 2 years, compared to a 17% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has fallen by 56% per year but the company’s share price has increased by 15% per year, which means it is well ahead of earnings.New Risk • Aug 09New major risk - Revenue and earnings growthEarnings have declined by 31% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (10% average weekly change). Earnings have declined by 31% per year over the past 5 years. Minor Risk Shareholders have been diluted in the past year (9.0% increase in shares outstanding).공시 • Jun 29Beijing Tricolor Technology Co., Ltd to Report First Half, 2024 Results on Aug 09, 2024Beijing Tricolor Technology Co., Ltd announced that they will report first half, 2024 results on Aug 09, 2024분석 기사 • Jun 28Capital Allocation Trends At Beijing Tricolor Technology (SHSE:603516) Aren't IdealIf we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Typically, we'll...분석 기사 • Apr 30Beijing Tricolor Technology Co., Ltd (SHSE:603516) Looks Just Right With A 28% Price JumpDespite an already strong run, Beijing Tricolor Technology Co., Ltd ( SHSE:603516 ) shares have been powering on, with...분석 기사 • Apr 24Beijing Tricolor Technology's (SHSE:603516) Anemic Earnings Might Be Worse Than You ThinkBeijing Tricolor Technology Co., Ltd's ( SHSE:603516 ) earnings announcement last week contained some soft numbers...공시 • Apr 19Beijing Tricolor Technology Co., Ltd, Annual General Meeting, May 08, 2024Beijing Tricolor Technology Co., Ltd, Annual General Meeting, May 08, 2024, at 13:30 China Standard Time. Location: 8F, Building 1, Yard No. 39, Linfeng 2nd Road, Haidian District, Beijing ChinaReported Earnings • Apr 18Full year 2023 earnings: EPS and revenues miss analyst expectationsFull year 2023 results: EPS: CN¥0.09 (down from CN¥0.16 in FY 2022). Revenue: CN¥499.0m (up 31% from FY 2022). Net income: CN¥17.5m (down 40% from FY 2022). Profit margin: 3.5% (down from 7.7% in FY 2022). Revenue missed analyst estimates by 6.4%. Earnings per share (EPS) also missed analyst estimates by 61%. Revenue is forecast to grow 33% 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 72 percentage points per year, which is a significant difference in performance.New Risk • Apr 02New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 6.5% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (12% average weekly change). Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (4.3% net profit margin). Shareholders have been diluted in the past year (6.5% increase in shares outstanding).공시 • Mar 29Beijing Tricolor Technology Co., Ltd to Report Q1, 2024 Results on Apr 25, 2024Beijing Tricolor Technology Co., Ltd announced that they will report Q1, 2024 results on Apr 25, 2024분석 기사 • Mar 15Is Beijing Tricolor Technology (SHSE:603516) A Risky Investment?Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...분석 기사 • Feb 27Beijing Tricolor Technology Co., Ltd's (SHSE:603516) Shares Climb 26% But Its Business Is Yet to Catch UpBeijing Tricolor Technology Co., Ltd ( SHSE:603516 ) shares have had a really impressive month, gaining 26% after a...공시 • Feb 01Beijing Tricolor Technology Co., Ltd (SHSE:603516) announces an Equity Buyback for CNY 40 million worth of its shares.Beijing Tricolor Technology Co., Ltd (SHSE:603516) announces a share repurchase program. Under the program, the company will repurchase up to CNY 40 million worth of its Class A shares. The shares will be repurchased at a price not more than CNY 30 per share. The repurchased shares will be used for ESOP or equity incentives. The program will be valid for a period of 12 months.공시 • Dec 29Beijing Tricolor Technology Co., Ltd to Report Fiscal Year 2023 Results on Apr 18, 2024Beijing Tricolor Technology Co., Ltd announced that they will report fiscal year 2023 results on Apr 18, 2024New Risk • Dec 05New 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 8.0% 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 (8.0% average weekly change). Earnings have declined by 19% per year over the past 5 years. Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (4.3% net profit margin).Reported Earnings • Nov 01Third quarter 2023 earnings released: EPS: CN¥0.02 (vs CN¥0.017 in 3Q 2022)Third quarter 2023 results: EPS: CN¥0.02 (up from CN¥0.017 in 3Q 2022). Revenue: CN¥119.4m (up 19% from 3Q 2022). Net income: CN¥4.98m (up 75% from 3Q 2022). Profit margin: 4.2% (up from 2.8% in 3Q 2022). Over the last 3 years on average, earnings per share has fallen by 55% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings.New Risk • Oct 26New 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 6.2% 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 Earnings have declined by 14% per year over the past 5 years. Minor Risks Dividend is not well covered by earnings (100% payout ratio). Share price has been volatile over the past 3 months (6.2% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (4.0% net profit margin).Reported Earnings • Aug 02Second quarter 2023 earnings released: EPS: CN¥0.12 (vs CN¥0.13 in 2Q 2022)Second quarter 2023 results: EPS: CN¥0.12 (down from CN¥0.13 in 2Q 2022). Revenue: CN¥145.8m (up 41% from 2Q 2022). Net income: CN¥18.6m (down 31% from 2Q 2022). Profit margin: 13% (down from 26% in 2Q 2022). Over the last 3 years on average, earnings per share has fallen by 44% per year but the company’s share price has only fallen by 15% per year, which means it has not declined as severely as earnings.공시 • Jun 28Beijing Tricolor Technology Co., Ltd to Report First Half, 2023 Results on Aug 02, 2023Beijing Tricolor Technology Co., Ltd announced that they will report first half, 2023 results on Aug 02, 2023Reported Earnings • Mar 22Full year 2022 earnings released: EPS: CN¥0.16 (vs CN¥0.45 in FY 2021)Full year 2022 results: EPS: CN¥0.16 (down from CN¥0.45 in FY 2021). Revenue: CN¥380.8m (down 19% from FY 2021). Net income: CN¥29.3m (down 65% from FY 2021). Profit margin: 7.7% (down from 18% in FY 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has only fallen by 15% per year, which means it has not declined as severely as earnings.Valuation Update With 7 Day Price Move • Feb 02Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CN¥18.33, the stock trades at a trailing P/E ratio of 63.3x. Average trailing P/E is 38x in the Electronic industry in China. Total loss to shareholders of 42% over the past three years.Valuation Update With 7 Day Price Move • Nov 21Investor sentiment improved over the past weekAfter last week's 20% share price gain to CN¥17.90, the stock trades at a trailing P/E ratio of 61.8x. Average trailing P/E is 37x in the Electronic industry in China. Total loss to shareholders of 21% over the past three years.Reported Earnings • Oct 27Third quarter 2022 earnings released: EPS: CN¥0.017 (vs CN¥0.12 in 3Q 2021)Third quarter 2022 results: EPS: CN¥0.017 (down from CN¥0.12 in 3Q 2021). Revenue: CN¥100.4m (down 19% from 3Q 2021). Net income: CN¥2.86m (down 88% from 3Q 2021). Profit margin: 2.8% (down from 19% in 3Q 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 17% per year whereas the company’s share price has fallen by 21% per year.Valuation Update With 7 Day Price Move • Oct 17Investor sentiment improved over the past weekAfter last week's 16% share price gain to CN¥13.06, the stock trades at a trailing P/E ratio of 32.8x. Average trailing P/E is 32x in the Electronic industry in China. Total loss to shareholders of 43% over the past three years.Valuation Update With 7 Day Price Move • Aug 24Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to CN¥13.48, the stock trades at a trailing P/E ratio of 33.9x. Average trailing P/E is 40x in the Electronic industry in China. Total loss to shareholders of 42% over the past three years.Valuation Update With 7 Day Price Move • Aug 03Investor sentiment improved over the past weekAfter last week's 17% share price gain to CN¥14.41, the stock trades at a trailing P/E ratio of 36.3x. Average trailing P/E is 36x in the Electronic industry in China. Total loss to shareholders of 33% over the past three years.Reported Earnings • Jul 28Second quarter 2022 earnings released: EPS: CN¥0.13 (vs CN¥0.098 in 2Q 2021)Second quarter 2022 results: EPS: CN¥0.13 (up from CN¥0.098 in 2Q 2021). Revenue: CN¥103.8m (down 13% from 2Q 2021). Net income: CN¥27.1m (up 71% from 2Q 2021). Profit margin: 26% (up from 13% in 2Q 2021). Over the last 3 years on average, earnings per share has fallen by 10% per year whereas the company’s share price has fallen by 13% per year.공시 • May 10Beijing Tricolor Technology Co., Ltd (SHSE:603516) announces an Equity Buyback for CNY 60 million worth of its shares.Beijing Tricolor Technology Co., Ltd (SHSE:603516) announces a share repurchase program. Under the program, the company will repurchase up to CNY 60 million worth of its shares. The shares will be repurchased at a price not more than CNY 18 per share. The repurchased shares will be used for equity incentives. The program will be valid for a period of 12 months.Reported Earnings • Apr 21First quarter 2022 earnings: EPS and revenues miss analyst expectationsFirst quarter 2022 results: CN¥0.05 loss per share (down from CN¥0.064 profit in 1Q 2021). Revenue: CN¥66.6m (down 23% from 1Q 2021). Net loss: CN¥8.37m (down 171% from profit in 1Q 2021). Revenue missed analyst estimates by 6.7%. Earnings per share (EPS) were also behind analyst expectations. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has fallen by 12% per year, which means it is performing significantly worse than earnings.Valuation Update With 7 Day Price Move • Dec 08Investor sentiment improved over the past weekAfter last week's 15% share price gain to CN¥20.55, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 29x in the Electronic industry in China. Total returns to shareholders of 34% over the past three years.Reported Earnings • Oct 26Third quarter 2021 earnings released: EPS CN¥0.12 (vs CN¥0.24 in 3Q 2020)The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: CN¥124.4m (down 20% from 3Q 2020). Net income: CN¥23.3m (down 47% from 3Q 2020). Profit margin: 19% (down from 28% in 3Q 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 8% per year whereas the company’s share price has increased by 3% per year.Price Target Changed • Aug 18Price target decreased to CN¥30.30Down from CN¥40.40, the current price target is an average from 2 analysts. New target price is 62% above last closing price of CN¥18.75. Stock is down 36% over the past year.Reported Earnings • Aug 11Second quarter 2021 earnings released: EPS CN¥0.098 (vs CN¥0.18 in 2Q 2020)The company reported a soft second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2021 results: Revenue: CN¥119.9m (up 8.0% from 2Q 2020). Net income: CN¥15.8m (down 58% from 2Q 2020). Profit margin: 13% (down from 34% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.Valuation Update With 7 Day Price Move • Aug 04Investor sentiment improved over the past weekAfter last week's 15% share price gain to CN¥21.68, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 31x in the Electronic industry in China. Total returns to shareholders of 10.0% over the past three years.Reported Earnings • Apr 20First quarter 2021 earnings released: EPS CN¥0.09 (vs CN¥0.014 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: CN¥85.9m (up 71% from 1Q 2020). Net income: CN¥11.9m (up 410% from 1Q 2020). Profit margin: 14% (up from 4.6% 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 4% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.Valuation Update With 7 Day Price Move • Apr 16Investor sentiment deteriorated over the past weekAfter last week's 29% share price decline to CN¥26.87, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 25x in the Electronic industry in China. Total loss to shareholders of 28% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥12.99 per share.Analyst Estimate Surprise Post Earnings • Mar 05Revenue and earnings miss expectationsRevenue missed analyst estimates by 6.7%. Earnings per share (EPS) also missed analyst estimates by 16%. Over the next year, revenue is forecast to grow 44%, compared to a 31% growth forecast for the Electronic industry in China.Reported Earnings • Mar 05Full year 2020 earnings released: EPS CN¥0.96 (vs CN¥0.87 in FY 2019)The company reported a solid full year result with improved earnings and revenues, although profit margins were weaker. Full year 2020 results: Revenue: CN¥482.6m (up 30% from FY 2019). Net income: CN¥128.3m (up 12% from FY 2019). Profit margin: 27% (down from 31% in FY 2019). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 2% per year whereas the company’s share price has fallen by 6% per year.Is New 90 Day High Low • Feb 25New 90-day high: CN¥34.98The company is up 7.0% from its price of CN¥32.82 on 27 November 2020. The Chinese market is up 6.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is down 1.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥6.86 per share.Valuation Update With 7 Day Price Move • Feb 22Investor sentiment improved over the past weekAfter last week's 20% share price gain to CN¥33.19, the stock is trading at a trailing P/E ratio of 43.6x, up from the previous P/E ratio of 36.2x. This compares to an average P/E of 40x in the Electronic industry in China. Total returns to shareholders over the past three years were flat.Is New 90 Day High Low • Jan 26New 90-day low: CN¥29.35The company is down 20% from its price of CN¥36.83 on 28 October 2020. The Chinese market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 7.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥6.90 per share.공시 • Jan 21Beijing Tricolor Technology Co., Ltd to Report Fiscal Year 2020 Results on Mar 05, 2021Beijing Tricolor Technology Co., Ltd announced that they will report fiscal year 2020 results on Mar 05, 2021Is New 90 Day High Low • Dec 28New 90-day low: CN¥30.60The company is down 7.0% from its price of CN¥33.00 on 29 September 2020. The Chinese market is up 6.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 4.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥6.93 per share.Is New 90 Day High Low • Dec 12New 90-day low: CN¥31.72The company is down 8.0% from its price of CN¥34.38 on 11 September 2020. The Chinese market is up 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 1.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥6.97 per share.Reported Earnings • Oct 30Third quarter earnings releasedOver the last 12 months the company has reported total profits of CN¥101.7m, down 10.0% from the prior year. Total revenue was CN¥406.9m over the last 12 months, up 14% from the prior year.공시 • Oct 28Beijing Tricolor Technology Co., Ltd to Report Q3, 2020 Results on Oct 30, 2020Beijing Tricolor Technology Co., Ltd announced that they will report Q3, 2020 results on Oct 30, 2020공시 • Jul 08Beijing Tricolor Technology Co., Ltd to Report First Half, 2020 Results on Aug 20, 2020Beijing Tricolor Technology Co., Ltd announced that they will report first half, 2020 results on Aug 20, 2020지급의 안정성과 성장배당 데이터 가져오는 중안정적인 배당: 603516 CN 시장에서 주목할만한 배당금을 지급하지 않으므로 지급이 안정적인지 확인할 필요가 없습니다.배당금 증가: 603516 CN 시장에서 주목할만한 배당금을 지급하지 않으므로 지급액이 증가하는지 확인할 필요가 없습니다.배당 수익률 vs 시장Beijing Tricolor Technology 배당 수익률 vs 시장603516의 배당 수익률은 시장과 어떻게 비교되나요?구분배당 수익률회사 (603516)0.08%시장 하위 25% (CN)0.4%시장 상위 25% (CN)2.1%업계 평균 (Electronic)0.9%분석가 예측 (603516) (최대 3년)n/a주목할만한 배당금: 603516 의 배당금( 0.084% )은 CN 시장에서 배당금 지급자의 하위 25%( 0.37% )와 비교해 주목할 만하지 않습니다.고배당: 603516 의 배당금( 0.084% )은 CN 시장에서 배당금 지급자의 상위 25%( 2.13% )와 비교해 낮습니다.주주 대상 이익 배당수익 보장: 603516 CN 시장에서 주목할만한 배당금을 지급하지 않습니다.주주 현금 배당현금 흐름 범위: 603516 배당금을 지급하고 있지만 회사에는 잉여현금흐름이 없습니다.높은 배당을 제공하는 우량 기업 찾기7D1Y7D1Y7D1YCN 시장에서 배당이 강한 기업.View Management기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/07/04 19:53종가2026/07/03 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 소스Beijing Tricolor Technology Co., Ltd는 4명의 분석가가 다루고 있습니다. 이 중 0명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Lin YangHaitong International Research LimitedTianyi MaMinsheng Securities Co.Xin Jun MiaoTianfeng Securities Brokerage Co., Ltd1명의 분석가 더 보기
Declared Dividend • Jun 15Dividend reduced to CN¥0.10Dividend of CN¥0.10 is 60% lower than last year. Ex-date: 18th June 2026 Payment date: 18th June 2026 Dividend yield will be 0.08%, which is lower than the industry average of 1.8%.
공시 • Feb 01Beijing Tricolor Technology Co., Ltd (SHSE:603516) announces an Equity Buyback for CNY 40 million worth of its shares.Beijing Tricolor Technology Co., Ltd (SHSE:603516) announces a share repurchase program. Under the program, the company will repurchase up to CNY 40 million worth of its Class A shares. The shares will be repurchased at a price not more than CNY 30 per share. The repurchased shares will be used for ESOP or equity incentives. The program will be valid for a period of 12 months.
공시 • May 10Beijing Tricolor Technology Co., Ltd (SHSE:603516) announces an Equity Buyback for CNY 60 million worth of its shares.Beijing Tricolor Technology Co., Ltd (SHSE:603516) announces a share repurchase program. Under the program, the company will repurchase up to CNY 60 million worth of its shares. The shares will be repurchased at a price not more than CNY 18 per share. The repurchased shares will be used for equity incentives. The program will be valid for a period of 12 months.
공시 • Jun 30Beijing Tricolor Technology Co., Ltd to Report First Half, 2026 Results on Aug 26, 2026Beijing Tricolor Technology Co., Ltd announced that they will report first half, 2026 results on Aug 26, 2026
Declared Dividend • Jun 15Dividend reduced to CN¥0.10Dividend of CN¥0.10 is 60% lower than last year. Ex-date: 18th June 2026 Payment date: 18th June 2026 Dividend yield will be 0.08%, which is lower than the industry average of 1.8%.
Valuation Update With 7 Day Price Move • Jun 12Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to CN¥111, the stock trades at a trailing P/E ratio of 76.1x. Average trailing P/E is 72x in the Electronic industry in China. Total returns to shareholders of 399% over the past three years.
공시 • Apr 29Beijing Tricolor Technology Co., Ltd, Annual General Meeting, May 21, 2026Beijing Tricolor Technology Co., Ltd, Annual General Meeting, May 21, 2026, at 13:30 China Standard Time. Location: 8F, Building 1, Yard No. 39, Linfeng 2nd Road, Haidian District, Beijing China
Reported Earnings • Apr 29Full year 2025 earnings released: EPS: CN¥1.38 (vs CN¥0.43 in FY 2024)Full year 2025 results: EPS: CN¥1.38 (up from CN¥0.43 in FY 2024). Revenue: CN¥329.2m (down 34% from FY 2024). Net income: CN¥279.6m (up 226% from FY 2024). Profit margin: 85% (up from 17% in FY 2024). Over the last 3 years on average, earnings per share has increased by 65% per year but the company’s share price has increased by 93% per year, which means it is tracking significantly ahead of earnings growth.
공시 • Mar 30Beijing Tricolor Technology Co., Ltd to Report Q1, 2026 Results on Apr 29, 2026Beijing Tricolor Technology Co., Ltd announced that they will report Q1, 2026 results on Apr 29, 2026
공시 • Dec 26Beijing Tricolor Technology Co., Ltd to Report Fiscal Year 2025 Results on Apr 29, 2026Beijing Tricolor Technology Co., Ltd announced that they will report fiscal year 2025 results on Apr 29, 2026
Board Change • Dec 08Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Director Hechun Zhao was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • Oct 30Third quarter 2025 earnings released: EPS: CN¥0.048 (vs CN¥0.061 in 3Q 2024)Third quarter 2025 results: EPS: CN¥0.048 (down from CN¥0.061 in 3Q 2024). Revenue: CN¥64.8m (down 30% from 3Q 2024). Net income: CN¥10.8m (down 12% from 3Q 2024). Profit margin: 17% (up from 13% in 3Q 2024). Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 139% per year, which means it is well ahead of earnings.
공시 • Sep 30Beijing Tricolor Technology Co., Ltd to Report Q3, 2025 Results on Oct 30, 2025Beijing Tricolor Technology Co., Ltd announced that they will report Q3, 2025 results on Oct 30, 2025
New Risk • Aug 24New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 1.7% Last year net profit margin: 9.7% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (9.5% average weekly change). Earnings have declined by 27% per year over the past 5 years. Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.7% net profit margin).
Reported Earnings • Aug 24Second quarter 2025 earnings released: CN¥0.13 loss per share (vs CN¥0.17 profit in 2Q 2024)Second quarter 2025 results: CN¥0.13 loss per share (down from CN¥0.17 profit in 2Q 2024). Revenue: CN¥89.7m (down 44% from 2Q 2024). Net loss: CN¥25.5m (down 177% from profit in 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 105% per year, which means it is well ahead of earnings.
공시 • Jun 30Beijing Tricolor Technology Co., Ltd to Report First Half, 2025 Results on Aug 23, 2025Beijing Tricolor Technology Co., Ltd announced that they will report first half, 2025 results on Aug 23, 2025
New Risk • Apr 28New minor risk - Dividend sustainabilityThe dividend is not well covered by cash flows. Cash payout ratio: 93% Dividend yield: 0.8% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 25% per year over the past 5 years. Minor Risks Dividend is not well covered by cash flows (93% cash payout ratio). Share price has been volatile over the past 3 months (9.7% average weekly change). Large one-off items impacting financial results.
Reported Earnings • Apr 24Full year 2024 earnings released: EPS: CN¥0.43 (vs CN¥0.09 in FY 2023)Full year 2024 results: EPS: CN¥0.43 (up from CN¥0.09 in FY 2023). Revenue: CN¥494.9m (flat on FY 2023). Net income: CN¥85.8m (up 391% from FY 2023). Profit margin: 17% (up from 3.5% in FY 2023). Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has increased by 55% per year, which means it is well ahead of earnings.
공시 • Apr 23Beijing Tricolor Technology Co., Ltd, Annual General Meeting, May 26, 2025Beijing Tricolor Technology Co., Ltd, Annual General Meeting, May 26, 2025, at 13:30 China Standard Time. Location: 8F, Building 1, Yard No. 39, Linfeng 2nd Road, Haidian District, Beijing China
New Risk • Apr 10New major risk - Revenue and earnings growthEarnings have declined by 29% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 29% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (9.6% average weekly change).
공시 • Mar 28Beijing Tricolor Technology Co., Ltd to Report Q1, 2025 Results on Apr 24, 2025Beijing Tricolor Technology Co., Ltd announced that they will report Q1, 2025 results on Apr 24, 2025
New Risk • Jan 12New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Chinese stocks, typically moving 11% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (11% average weekly change). Minor Risk Shareholders have been diluted in the past year (9.0% increase in shares outstanding).
분석 기사 • Jan 01Beijing Tricolor Technology Co., Ltd's (SHSE:603516) P/S Is Still On The Mark Following 26% Share Price BounceDespite an already strong run, Beijing Tricolor Technology Co., Ltd ( SHSE:603516 ) shares have been powering on, with...
공시 • Dec 27Beijing Tricolor Technology Co., Ltd to Report Fiscal Year 2024 Results on Apr 23, 2025Beijing Tricolor Technology Co., Ltd announced that they will report fiscal year 2024 results on Apr 23, 2025
분석 기사 • Nov 11Beijing Tricolor Technology Co., Ltd's (SHSE:603516) P/S Is Still On The Mark Following 28% Share Price BounceBeijing Tricolor Technology Co., Ltd ( SHSE:603516 ) shareholders have had their patience rewarded with a 28% share...
Reported Earnings • Oct 26Third quarter 2024 earnings released: EPS: CN¥0.061 (vs CN¥0.02 in 3Q 2023)Third quarter 2024 results: EPS: CN¥0.061 (up from CN¥0.02 in 3Q 2023). Revenue: CN¥92.9m (down 22% from 3Q 2023). Net income: CN¥12.3m (up 146% from 3Q 2023). Profit margin: 13% (up from 4.2% in 3Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 32% 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, earnings per share has fallen by 39% per year but the company’s share price has increased by 28% per year, which means it is well ahead of earnings.
공시 • Sep 30Beijing Tricolor Technology Co., Ltd to Report Q3, 2024 Results on Oct 26, 2024Beijing Tricolor Technology Co., Ltd announced that they will report Q3, 2024 results on Oct 26, 2024
분석 기사 • Sep 28Returns On Capital Signal Tricky Times Ahead For Beijing Tricolor Technology (SHSE:603516)What are the early trends we should look for to identify a stock that could multiply in value over the long term...
분석 기사 • Aug 12With A 26% Price Drop For Beijing Tricolor Technology Co., Ltd (SHSE:603516) You'll Still Get What You Pay ForBeijing Tricolor Technology Co., Ltd ( SHSE:603516 ) shareholders won't be pleased to see that the share price has had...
Reported Earnings • Aug 09Second quarter 2024 earnings released: EPS: CN¥0.17 (vs CN¥0.12 in 2Q 2023)Second quarter 2024 results: EPS: CN¥0.17 (up from CN¥0.12 in 2Q 2023). Revenue: CN¥158.8m (up 8.9% from 2Q 2023). Net income: CN¥33.2m (up 78% from 2Q 2023). Profit margin: 21% (up from 13% in 2Q 2023). The increase in margin was primarily driven by higher revenue. Revenue is forecast to grow 41% p.a. on average during the next 2 years, compared to a 17% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has fallen by 56% per year but the company’s share price has increased by 15% per year, which means it is well ahead of earnings.
New Risk • Aug 09New major risk - Revenue and earnings growthEarnings have declined by 31% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (10% average weekly change). Earnings have declined by 31% per year over the past 5 years. Minor Risk Shareholders have been diluted in the past year (9.0% increase in shares outstanding).
공시 • Jun 29Beijing Tricolor Technology Co., Ltd to Report First Half, 2024 Results on Aug 09, 2024Beijing Tricolor Technology Co., Ltd announced that they will report first half, 2024 results on Aug 09, 2024
분석 기사 • Jun 28Capital Allocation Trends At Beijing Tricolor Technology (SHSE:603516) Aren't IdealIf we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Typically, we'll...
분석 기사 • Apr 30Beijing Tricolor Technology Co., Ltd (SHSE:603516) Looks Just Right With A 28% Price JumpDespite an already strong run, Beijing Tricolor Technology Co., Ltd ( SHSE:603516 ) shares have been powering on, with...
분석 기사 • Apr 24Beijing Tricolor Technology's (SHSE:603516) Anemic Earnings Might Be Worse Than You ThinkBeijing Tricolor Technology Co., Ltd's ( SHSE:603516 ) earnings announcement last week contained some soft numbers...
공시 • Apr 19Beijing Tricolor Technology Co., Ltd, Annual General Meeting, May 08, 2024Beijing Tricolor Technology Co., Ltd, Annual General Meeting, May 08, 2024, at 13:30 China Standard Time. Location: 8F, Building 1, Yard No. 39, Linfeng 2nd Road, Haidian District, Beijing China
Reported Earnings • Apr 18Full year 2023 earnings: EPS and revenues miss analyst expectationsFull year 2023 results: EPS: CN¥0.09 (down from CN¥0.16 in FY 2022). Revenue: CN¥499.0m (up 31% from FY 2022). Net income: CN¥17.5m (down 40% from FY 2022). Profit margin: 3.5% (down from 7.7% in FY 2022). Revenue missed analyst estimates by 6.4%. Earnings per share (EPS) also missed analyst estimates by 61%. Revenue is forecast to grow 33% 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 72 percentage points per year, which is a significant difference in performance.
New Risk • Apr 02New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 6.5% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (12% average weekly change). Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (4.3% net profit margin). Shareholders have been diluted in the past year (6.5% increase in shares outstanding).
공시 • Mar 29Beijing Tricolor Technology Co., Ltd to Report Q1, 2024 Results on Apr 25, 2024Beijing Tricolor Technology Co., Ltd announced that they will report Q1, 2024 results on Apr 25, 2024
분석 기사 • Mar 15Is Beijing Tricolor Technology (SHSE:603516) A Risky Investment?Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
분석 기사 • Feb 27Beijing Tricolor Technology Co., Ltd's (SHSE:603516) Shares Climb 26% But Its Business Is Yet to Catch UpBeijing Tricolor Technology Co., Ltd ( SHSE:603516 ) shares have had a really impressive month, gaining 26% after a...
공시 • Feb 01Beijing Tricolor Technology Co., Ltd (SHSE:603516) announces an Equity Buyback for CNY 40 million worth of its shares.Beijing Tricolor Technology Co., Ltd (SHSE:603516) announces a share repurchase program. Under the program, the company will repurchase up to CNY 40 million worth of its Class A shares. The shares will be repurchased at a price not more than CNY 30 per share. The repurchased shares will be used for ESOP or equity incentives. The program will be valid for a period of 12 months.
공시 • Dec 29Beijing Tricolor Technology Co., Ltd to Report Fiscal Year 2023 Results on Apr 18, 2024Beijing Tricolor Technology Co., Ltd announced that they will report fiscal year 2023 results on Apr 18, 2024
New Risk • Dec 05New 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 8.0% 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 (8.0% average weekly change). Earnings have declined by 19% per year over the past 5 years. Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (4.3% net profit margin).
Reported Earnings • Nov 01Third quarter 2023 earnings released: EPS: CN¥0.02 (vs CN¥0.017 in 3Q 2022)Third quarter 2023 results: EPS: CN¥0.02 (up from CN¥0.017 in 3Q 2022). Revenue: CN¥119.4m (up 19% from 3Q 2022). Net income: CN¥4.98m (up 75% from 3Q 2022). Profit margin: 4.2% (up from 2.8% in 3Q 2022). Over the last 3 years on average, earnings per share has fallen by 55% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings.
New Risk • Oct 26New 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 6.2% 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 Earnings have declined by 14% per year over the past 5 years. Minor Risks Dividend is not well covered by earnings (100% payout ratio). Share price has been volatile over the past 3 months (6.2% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (4.0% net profit margin).
Reported Earnings • Aug 02Second quarter 2023 earnings released: EPS: CN¥0.12 (vs CN¥0.13 in 2Q 2022)Second quarter 2023 results: EPS: CN¥0.12 (down from CN¥0.13 in 2Q 2022). Revenue: CN¥145.8m (up 41% from 2Q 2022). Net income: CN¥18.6m (down 31% from 2Q 2022). Profit margin: 13% (down from 26% in 2Q 2022). Over the last 3 years on average, earnings per share has fallen by 44% per year but the company’s share price has only fallen by 15% per year, which means it has not declined as severely as earnings.
공시 • Jun 28Beijing Tricolor Technology Co., Ltd to Report First Half, 2023 Results on Aug 02, 2023Beijing Tricolor Technology Co., Ltd announced that they will report first half, 2023 results on Aug 02, 2023
Reported Earnings • Mar 22Full year 2022 earnings released: EPS: CN¥0.16 (vs CN¥0.45 in FY 2021)Full year 2022 results: EPS: CN¥0.16 (down from CN¥0.45 in FY 2021). Revenue: CN¥380.8m (down 19% from FY 2021). Net income: CN¥29.3m (down 65% from FY 2021). Profit margin: 7.7% (down from 18% in FY 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has only fallen by 15% per year, which means it has not declined as severely as earnings.
Valuation Update With 7 Day Price Move • Feb 02Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CN¥18.33, the stock trades at a trailing P/E ratio of 63.3x. Average trailing P/E is 38x in the Electronic industry in China. Total loss to shareholders of 42% over the past three years.
Valuation Update With 7 Day Price Move • Nov 21Investor sentiment improved over the past weekAfter last week's 20% share price gain to CN¥17.90, the stock trades at a trailing P/E ratio of 61.8x. Average trailing P/E is 37x in the Electronic industry in China. Total loss to shareholders of 21% over the past three years.
Reported Earnings • Oct 27Third quarter 2022 earnings released: EPS: CN¥0.017 (vs CN¥0.12 in 3Q 2021)Third quarter 2022 results: EPS: CN¥0.017 (down from CN¥0.12 in 3Q 2021). Revenue: CN¥100.4m (down 19% from 3Q 2021). Net income: CN¥2.86m (down 88% from 3Q 2021). Profit margin: 2.8% (down from 19% in 3Q 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 17% per year whereas the company’s share price has fallen by 21% per year.
Valuation Update With 7 Day Price Move • Oct 17Investor sentiment improved over the past weekAfter last week's 16% share price gain to CN¥13.06, the stock trades at a trailing P/E ratio of 32.8x. Average trailing P/E is 32x in the Electronic industry in China. Total loss to shareholders of 43% over the past three years.
Valuation Update With 7 Day Price Move • Aug 24Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to CN¥13.48, the stock trades at a trailing P/E ratio of 33.9x. Average trailing P/E is 40x in the Electronic industry in China. Total loss to shareholders of 42% over the past three years.
Valuation Update With 7 Day Price Move • Aug 03Investor sentiment improved over the past weekAfter last week's 17% share price gain to CN¥14.41, the stock trades at a trailing P/E ratio of 36.3x. Average trailing P/E is 36x in the Electronic industry in China. Total loss to shareholders of 33% over the past three years.
Reported Earnings • Jul 28Second quarter 2022 earnings released: EPS: CN¥0.13 (vs CN¥0.098 in 2Q 2021)Second quarter 2022 results: EPS: CN¥0.13 (up from CN¥0.098 in 2Q 2021). Revenue: CN¥103.8m (down 13% from 2Q 2021). Net income: CN¥27.1m (up 71% from 2Q 2021). Profit margin: 26% (up from 13% in 2Q 2021). Over the last 3 years on average, earnings per share has fallen by 10% per year whereas the company’s share price has fallen by 13% per year.
공시 • May 10Beijing Tricolor Technology Co., Ltd (SHSE:603516) announces an Equity Buyback for CNY 60 million worth of its shares.Beijing Tricolor Technology Co., Ltd (SHSE:603516) announces a share repurchase program. Under the program, the company will repurchase up to CNY 60 million worth of its shares. The shares will be repurchased at a price not more than CNY 18 per share. The repurchased shares will be used for equity incentives. The program will be valid for a period of 12 months.
Reported Earnings • Apr 21First quarter 2022 earnings: EPS and revenues miss analyst expectationsFirst quarter 2022 results: CN¥0.05 loss per share (down from CN¥0.064 profit in 1Q 2021). Revenue: CN¥66.6m (down 23% from 1Q 2021). Net loss: CN¥8.37m (down 171% from profit in 1Q 2021). Revenue missed analyst estimates by 6.7%. Earnings per share (EPS) were also behind analyst expectations. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has fallen by 12% per year, which means it is performing significantly worse than earnings.
Valuation Update With 7 Day Price Move • Dec 08Investor sentiment improved over the past weekAfter last week's 15% share price gain to CN¥20.55, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 29x in the Electronic industry in China. Total returns to shareholders of 34% over the past three years.
Reported Earnings • Oct 26Third quarter 2021 earnings released: EPS CN¥0.12 (vs CN¥0.24 in 3Q 2020)The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: CN¥124.4m (down 20% from 3Q 2020). Net income: CN¥23.3m (down 47% from 3Q 2020). Profit margin: 19% (down from 28% in 3Q 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 8% per year whereas the company’s share price has increased by 3% per year.
Price Target Changed • Aug 18Price target decreased to CN¥30.30Down from CN¥40.40, the current price target is an average from 2 analysts. New target price is 62% above last closing price of CN¥18.75. Stock is down 36% over the past year.
Reported Earnings • Aug 11Second quarter 2021 earnings released: EPS CN¥0.098 (vs CN¥0.18 in 2Q 2020)The company reported a soft second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2021 results: Revenue: CN¥119.9m (up 8.0% from 2Q 2020). Net income: CN¥15.8m (down 58% from 2Q 2020). Profit margin: 13% (down from 34% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.
Valuation Update With 7 Day Price Move • Aug 04Investor sentiment improved over the past weekAfter last week's 15% share price gain to CN¥21.68, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 31x in the Electronic industry in China. Total returns to shareholders of 10.0% over the past three years.
Reported Earnings • Apr 20First quarter 2021 earnings released: EPS CN¥0.09 (vs CN¥0.014 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: CN¥85.9m (up 71% from 1Q 2020). Net income: CN¥11.9m (up 410% from 1Q 2020). Profit margin: 14% (up from 4.6% 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 4% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.
Valuation Update With 7 Day Price Move • Apr 16Investor sentiment deteriorated over the past weekAfter last week's 29% share price decline to CN¥26.87, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 25x in the Electronic industry in China. Total loss to shareholders of 28% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥12.99 per share.
Analyst Estimate Surprise Post Earnings • Mar 05Revenue and earnings miss expectationsRevenue missed analyst estimates by 6.7%. Earnings per share (EPS) also missed analyst estimates by 16%. Over the next year, revenue is forecast to grow 44%, compared to a 31% growth forecast for the Electronic industry in China.
Reported Earnings • Mar 05Full year 2020 earnings released: EPS CN¥0.96 (vs CN¥0.87 in FY 2019)The company reported a solid full year result with improved earnings and revenues, although profit margins were weaker. Full year 2020 results: Revenue: CN¥482.6m (up 30% from FY 2019). Net income: CN¥128.3m (up 12% from FY 2019). Profit margin: 27% (down from 31% in FY 2019). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 2% per year whereas the company’s share price has fallen by 6% per year.
Is New 90 Day High Low • Feb 25New 90-day high: CN¥34.98The company is up 7.0% from its price of CN¥32.82 on 27 November 2020. The Chinese market is up 6.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is down 1.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥6.86 per share.
Valuation Update With 7 Day Price Move • Feb 22Investor sentiment improved over the past weekAfter last week's 20% share price gain to CN¥33.19, the stock is trading at a trailing P/E ratio of 43.6x, up from the previous P/E ratio of 36.2x. This compares to an average P/E of 40x in the Electronic industry in China. Total returns to shareholders over the past three years were flat.
Is New 90 Day High Low • Jan 26New 90-day low: CN¥29.35The company is down 20% from its price of CN¥36.83 on 28 October 2020. The Chinese market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 7.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥6.90 per share.
공시 • Jan 21Beijing Tricolor Technology Co., Ltd to Report Fiscal Year 2020 Results on Mar 05, 2021Beijing Tricolor Technology Co., Ltd announced that they will report fiscal year 2020 results on Mar 05, 2021
Is New 90 Day High Low • Dec 28New 90-day low: CN¥30.60The company is down 7.0% from its price of CN¥33.00 on 29 September 2020. The Chinese market is up 6.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 4.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥6.93 per share.
Is New 90 Day High Low • Dec 12New 90-day low: CN¥31.72The company is down 8.0% from its price of CN¥34.38 on 11 September 2020. The Chinese market is up 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 1.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥6.97 per share.
Reported Earnings • Oct 30Third quarter earnings releasedOver the last 12 months the company has reported total profits of CN¥101.7m, down 10.0% from the prior year. Total revenue was CN¥406.9m over the last 12 months, up 14% from the prior year.
공시 • Oct 28Beijing Tricolor Technology Co., Ltd to Report Q3, 2020 Results on Oct 30, 2020Beijing Tricolor Technology Co., Ltd announced that they will report Q3, 2020 results on Oct 30, 2020
공시 • Jul 08Beijing Tricolor Technology Co., Ltd to Report First Half, 2020 Results on Aug 20, 2020Beijing Tricolor Technology Co., Ltd announced that they will report first half, 2020 results on Aug 20, 2020