View Future GrowthHitevision 과거 순이익 실적과거 기준 점검 0/6Hitevision의 수입은 연평균 -10%의 비율로 감소해 온 반면, Electronic 산업은 수입이 연평균 0.2% 증가했습니다. 매출은 연평균 12%의 비율로 감소해 왔습니다. Hitevision의 자기자본이익률은 0.1%이고 순이익률은 0.3%입니다.핵심 정보-9.95%순이익 성장률-10.75%주당순이익(EPS) 성장률Electronic 산업 성장률10.93%매출 성장률-11.98%자기자본이익률0.11%순이익률0.28%최근 순이익 업데이트31 Mar 2026최근 과거 실적 업데이트Reported Earnings • Apr 25First quarter 2026 earnings released: CN¥0.16 loss per share (vs CN¥0.025 profit in 1Q 2025)First quarter 2026 results: CN¥0.16 loss per share (down from CN¥0.025 profit in 1Q 2025). Revenue: CN¥615.6m (up 21% from 1Q 2025). Net loss: CN¥36.5m (down CN¥42.3m from profit in 1Q 2025). Over the last 3 years on average, earnings per share has fallen by 57% per year but the company’s share price has remained flat, which means it is well ahead of earnings.공시 • Mar 31Hitevision Co., Ltd. to Report Q1, 2026 Results on Apr 25, 2026Hitevision Co., Ltd. announced that they will report Q1, 2026 results on Apr 25, 2026Reported Earnings • Mar 18Full year 2025 earnings released: EPS: CN¥0.22 (vs CN¥0.94 in FY 2024)Full year 2025 results: EPS: CN¥0.22 (down from CN¥0.94 in FY 2024). Revenue: CN¥3.24b (down 8.1% from FY 2024). Net income: CN¥51.8m (down 77% from FY 2024). Profit margin: 1.6% (down from 6.3% in FY 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 46% 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.공시 • Dec 31Hitevision Co., Ltd. to Report Fiscal Year 2025 Results on Mar 18, 2026Hitevision Co., Ltd. announced that they will report fiscal year 2025 results on Mar 18, 2026Reported Earnings • Oct 30Third quarter 2025 earnings released: EPS: CN¥0.16 (vs CN¥0.40 in 3Q 2024)Third quarter 2025 results: EPS: CN¥0.16 (down from CN¥0.40 in 3Q 2024). Revenue: CN¥1.06b (down 11% from 3Q 2024). Net income: CN¥37.6m (down 61% from 3Q 2024). Profit margin: 3.6% (down from 8.0% in 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 37% 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 • Sep 30Hitevision Co., Ltd. to Report Q3, 2025 Results on Oct 30, 2025Hitevision Co., Ltd. announced that they will report Q3, 2025 results on Oct 30, 2025모든 업데이트 보기Recent updatesReported Earnings • Apr 25First quarter 2026 earnings released: CN¥0.16 loss per share (vs CN¥0.025 profit in 1Q 2025)First quarter 2026 results: CN¥0.16 loss per share (down from CN¥0.025 profit in 1Q 2025). Revenue: CN¥615.6m (up 21% from 1Q 2025). Net loss: CN¥36.5m (down CN¥42.3m from profit in 1Q 2025). Over the last 3 years on average, earnings per share has fallen by 57% per year but the company’s share price has remained flat, which means it is well ahead of earnings.공시 • Apr 03Hitevision Co., Ltd. (SZSE:002955) announces an Equity Buyback for CNY 100 million worth of its shares.Hitevision Co., Ltd. (SZSE:002955) announces a share repurchase program. Under the program, the company will repurchase up to CNY 100 million worth of its A shares. The shares will be repurchased at a price not more than CNY 40 per share. The repurchases will be made from company's own funds. The repurchased shares will be used for ESOP or equity incentives. The authorization will be valid for a period of 12 months.공시 • Mar 31Hitevision Co., Ltd. to Report Q1, 2026 Results on Apr 25, 2026Hitevision Co., Ltd. announced that they will report Q1, 2026 results on Apr 25, 2026New Risk • Mar 23New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 43% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 1.1% 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 (1.6% net profit margin).Reported Earnings • Mar 18Full year 2025 earnings released: EPS: CN¥0.22 (vs CN¥0.94 in FY 2024)Full year 2025 results: EPS: CN¥0.22 (down from CN¥0.94 in FY 2024). Revenue: CN¥3.24b (down 8.1% from FY 2024). Net income: CN¥51.8m (down 77% from FY 2024). Profit margin: 1.6% (down from 6.3% in FY 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 46% 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.공시 • Mar 17Hitevision Co., Ltd., Annual General Meeting, Apr 08, 2026Hitevision Co., Ltd., Annual General Meeting, Apr 08, 2026, at 14:00 China Standard Time. Location: 5F, Building 11, Qinghua Road, Science Park, Shushan District, Hefei, Anhui China공시 • Dec 31Hitevision Co., Ltd. to Report Fiscal Year 2025 Results on Mar 18, 2026Hitevision Co., Ltd. announced that they will report fiscal year 2025 results on Mar 18, 2026공시 • Dec 03Anhui Ruicheng Hongtu Equity Investment Fund Partnership Enterprise (Limited Partnership) and Hefei Ruicheng Private Fund Management Co., Ltd. completed the acquisition of 25% stake in Hitevision Co., Ltd. (SZSE : 002955) from Hongfu Victory Company Limited, Xing Zheng, Wang Jing and Zhang Shujiang.Anhui Ruicheng Hongtu Equity Investment Fund Partnership Enterprise (Limited Partnership) and Hefei Ruicheng Private Fund Management Co., Ltd. agreed to acquire 25% stake in Hitevision Co., Ltd. (SZSE : 002955) from Hongfu Victory Company Limited, Xing Zheng, Wang Jing and Zhang Shujiang for CNY 1.6 billion on June 10, 2025. A cash consideration of CNY 1.57 billion valued at CNY 26.6227 per share will be paid for 59.16 million shares of Hitevision Co., Ltd. On October 31, 2025, a supplementary agreement to the share transfer agreement was signed, which added Anhui Ruicheng Hongtu Equity Investment Fund Partnership Enterprise (Limited Partnership) as an additional acquirer. Anhui Ruicheng Hongtu Equity Investment Fund Partnership Enterprise (Limited Partnership) and Hefei Ruicheng Private Fund Management Co., Ltd. completed the acquisition of 25% stake in Hitevision Co., Ltd. (SZSE : 002955) from Hongfu Victory Company Limited, Xing Zheng, Wang Jing and Zhang Shujiang on December 1, 2025.Reported Earnings • Oct 30Third quarter 2025 earnings released: EPS: CN¥0.16 (vs CN¥0.40 in 3Q 2024)Third quarter 2025 results: EPS: CN¥0.16 (down from CN¥0.40 in 3Q 2024). Revenue: CN¥1.06b (down 11% from 3Q 2024). Net income: CN¥37.6m (down 61% from 3Q 2024). Profit margin: 3.6% (down from 8.0% in 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 37% 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 • Sep 30Hitevision Co., Ltd. to Report Q3, 2025 Results on Oct 30, 2025Hitevision Co., Ltd. announced that they will report Q3, 2025 results on Oct 30, 2025New Risk • Sep 11New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 29% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (3.5% net profit margin).Reported Earnings • Aug 27Second quarter 2025 earnings releasedSecond quarter 2025 results: Revenue: CN¥890.1m (down 13% from 2Q 2024). Net income: CN¥38.8m (down 69% from 2Q 2024). Profit margin: 4.4% (down from 12% in 2Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings.공시 • Jul 02Hitevision Co., Ltd. to Report First Half, 2025 Results on Aug 27, 2025Hitevision Co., Ltd. announced that they will report first half, 2025 results on Aug 27, 2025New Risk • Jun 11New 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 8.7% 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: Minor Risks Share price has been volatile over the past 3 months (8.7% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (5.8% net profit margin).New Risk • May 06New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 20% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (5.8% net profit margin).Reported Earnings • Apr 26First quarter 2025 earnings released: EPS: CN¥0.01 (vs CN¥0.11 in 1Q 2024)First quarter 2025 results: EPS: CN¥0.01 (down from CN¥0.11 in 1Q 2024). Revenue: CN¥510.1m (down 7.4% from 1Q 2024). Net income: CN¥5.85m (down 77% from 1Q 2024). Profit margin: 1.1% (down from 4.6% in 1Q 2024). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 17% 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 11% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings.공시 • Apr 26Hitevision Co., Ltd., Annual General Meeting, May 19, 2025Hitevision Co., Ltd., Annual General Meeting, May 19, 2025, at 14:00 China Standard Time. Location: The Company's Meeting Room, Beijing ChinaValuation Update With 7 Day Price Move • Apr 08Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to CN¥19.77, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 23x in the Electronic industry in China. Total returns to shareholders of 27% over the past three years.공시 • Mar 31Hitevision Co., Ltd. to Report Q1, 2025 Results on Apr 26, 2025Hitevision Co., Ltd. announced that they will report Q1, 2025 results on Apr 26, 2025공시 • Mar 23Hitevision Co., Ltd. Announces Implementation of Special Profit Distribution (A Shares) for 2024, Payable on 31 March 2025Hitevision Co., Ltd. announced 2024 special profit distribution plan to be implemented (A shares): Cash dividend per 10 shares (tax included) of CNY 12.81000000. Record date: 28 March 2025; Ex-date: 31 March 2025; Payment date: 31 March 2025.분석 기사 • Feb 28Hitevision Co., Ltd. (SZSE:002955) Might Not Be As Mispriced As It LooksWith a price-to-earnings (or "P/E") ratio of 21.6x Hitevision Co., Ltd. ( SZSE:002955 ) may be sending bullish signals...분석 기사 • Jan 03Hitevision (SZSE:002955) Seems To Use Debt Quite SensiblyHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...공시 • Dec 31Hitevision Co., Ltd. to Report Fiscal Year 2024 Results on Apr 26, 2025Hitevision Co., Ltd. announced that they will report fiscal year 2024 results on Apr 26, 2025Reported Earnings • Oct 31Third quarter 2024 earnings released: EPS: CN¥0.40 (vs CN¥0.67 in 3Q 2023)Third quarter 2024 results: EPS: CN¥0.40 (down from CN¥0.67 in 3Q 2023). Revenue: CN¥1.19b (down 18% from 3Q 2023). Net income: CN¥95.6m (down 39% from 3Q 2023). Profit margin: 8.0% (down from 11% in 3Q 2023). Revenue is forecast to grow 18% 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 increased by 14% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.분석 기사 • Oct 14Hitevision Co., Ltd. (SZSE:002955) Doing What It Can To Lift SharesWhen close to half the companies in China have price-to-earnings ratios (or "P/E's") above 32x, you may consider...Valuation Update With 7 Day Price Move • Oct 02Investor sentiment improves as stock rises 17%After last week's 17% share price gain to CN¥25.09, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 24x in the Electronic industry in China. Total returns to shareholders of 63% over the past three years.공시 • Sep 30Hitevision Co., Ltd. to Report Q3, 2024 Results on Oct 31, 2024Hitevision Co., Ltd. announced that they will report Q3, 2024 results on Oct 31, 2024분석 기사 • Sep 27Is Hitevision (SZSE:002955) A Risky Investment?Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...New Risk • Sep 17New major risk - Financial data availabilityThe company has not reported any financial data. This is considered a major risk. With no or incomplete audited reported financial data, it is virtually impossible to assess the company's investment potential. Currently, the following risks have been identified for the company: Major Risk No financial data reported. Minor Risk Short dividend paying track record (1 year of continuous dividend payments).Reported Earnings • Aug 31Second quarter 2024 earnings released: EPS: CN¥0.52 (vs CN¥0.50 in 2Q 2023)Second quarter 2024 results: EPS: CN¥0.52 (up from CN¥0.50 in 2Q 2023). Revenue: CN¥1.02b (up 5.6% from 2Q 2023). Net income: CN¥124.3m (up 3.7% from 2Q 2023). Profit margin: 12% (in line with 2Q 2023). Revenue is forecast to grow 23% 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 increased by 23% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Aug 01Investor sentiment improves as stock rises 17%After last week's 17% share price gain to CN¥22.59, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 21x in the Electronic industry in China. Total returns to shareholders of 42% over the past three years.분석 기사 • Jun 30Hitevision (SZSE:002955) Has Announced That Its Dividend Will Be Reduced To CN¥0.425Hitevision Co., Ltd. ( SZSE:002955 ) has announced that on 5th of July, it will be paying a dividend ofCN¥0.425, which...Declared Dividend • Jun 29Dividend reduced to CN¥0.42Dividend of CN¥0.42 is 67% lower than last year. Ex-date: 5th July 2024 Payment date: 5th July 2024 Dividend yield will be 1.8%, which is about the same as the industry average. Sustainability & Growth Dividend is well covered by both earnings (31% earnings payout ratio) and cash flows (18% cash payout ratio). The company is yet to establish a track record of dividend growth or stability as it hasn't paid a regular dividend for at least 2 years. EPS is expected to grow by 130% over the next 3 years, which should provide support to the dividend and adequate earnings cover.공시 • Jun 29Hitevision Co., Ltd. to Report First Half, 2024 Results on Aug 31, 2024Hitevision Co., Ltd. announced that they will report first half, 2024 results on Aug 31, 2024공시 • Jun 28Hitevision Co., Ltd. Announces Final Cash Dividend (A Shares) for the Year 2023, Payable on July 5, 2024Hitevision Co., Ltd. announced Final Cash Dividend (tax included) (A shares) of CNY 4.25000000 per 10 shares for the year 2023, Payable on July 5, 2024. Record date is July 4, 2024. Ex-Date is July 5, 2024.분석 기사 • Jun 26Hitevision (SZSE:002955) May Have Issues Allocating Its CapitalIf we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...공시 • Jun 20Hitevision Co., Ltd. (SZSE:002955) announces an Equity Buyback for CNY 100 million worth of its shares.Hitevision Co., Ltd. (SZSE:002955) announces a share repurchase program. Under the program, the company will repurchase up to CNY 100 million worth of its A shares. The shares will be repurchased at a price not more than CNY 35 per share. The repurchases will be made from company's own funds. The repurchased shares will be used for ESOP or equity incentives. The authorization will be valid for a period of 12 months.분석 기사 • Jun 07Hitevision (SZSE:002955) Seems To Use Debt Rather SparinglyThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...Valuation Update With 7 Day Price Move • May 22Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CN¥27.55, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 22x in the Electronic industry in China. Total returns to shareholders of 49% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥21.91 per share.분석 기사 • May 21Fewer Investors Than Expected Jumping On Hitevision Co., Ltd. (SZSE:002955)When close to half the companies in China have price-to-earnings ratios (or "P/E's") above 33x, you may consider...Buy Or Sell Opportunity • May 17Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 9.3% to CN¥26.35. The fair value is estimated to be CN¥21.89, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 12% over the last 3 years. Earnings per share has grown by 30%. Revenue is forecast to grow by 62% in a year. Earnings are forecast to grow by 96% in the next year.분석 기사 • May 02Hitevision's (SZSE:002955) Soft Earnings Are Actually Better Than They AppearHitevision Co., Ltd.'s ( SZSE:002955 ) recent soft profit numbers didn't appear to worry shareholders, as the stock...공시 • Apr 28Hitevision Co., Ltd., Annual General Meeting, May 20, 2024Hitevision Co., Ltd., Annual General Meeting, May 20, 2024, at 14:00 China Standard Time. Location: The Company's Meeting Room, Beijing China Agenda: To consider the 2023 annual report and its summary; to 2023 work report of the board of directors; to 2023 work report of the supervisory committee; to 2023 profit distribution plan; to Cash management with some idle raised funds and idle proprietary funds; to 2023 annual accounts report; to 2024 remuneration allowance plan for directors, supervisors and senior management; to Provision of estimated guarantee quota for subsidiaries; to Provision of buyer's credit guarantee for clients; and to consider other matters if any.공시 • Apr 27Hitevision Co., Ltd. Proposes Final Cash Dividend (Tax Included) for 2023Hitevision Co., Ltd. proposed final cash dividend (tax included) for 2023 of CNY 4.25000000 per 10 shares.Reported Earnings • Apr 26Full year 2023 earnings: EPS and revenues miss analyst expectationsFull year 2023 results: EPS: CN¥1.38 (down from CN¥1.69 in FY 2022). Revenue: CN¥3.93b (down 14% from FY 2022). Net income: CN¥322.6m (down 19% from FY 2022). Profit margin: 8.2% (down from 8.7% in FY 2022). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 12%. Earnings per share (EPS) also missed analyst estimates by 11%. Revenue is forecast to grow 30% 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 increased by 40% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.Buy Or Sell Opportunity • Apr 16Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 22% to CN¥22.04. The fair value is estimated to be CN¥27.93, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 46%. Revenue is forecast to grow by 77% in 2 years. Earnings are forecast to grow by 131% in the next 2 years.분석 기사 • Apr 12Calculating The Intrinsic Value Of Hitevision Co., Ltd. (SZSE:002955)Key Insights Using the 2 Stage Free Cash Flow to Equity, Hitevision fair value estimate is CN¥27.87 Current share price...공시 • Mar 30Hitevision Co., Ltd. to Report Q1, 2024 Results on Apr 26, 2024Hitevision Co., Ltd. announced that they will report Q1, 2024 results on Apr 26, 2024Buy Or Sell Opportunity • Feb 05Now 23% undervalued after recent price dropOver the last 90 days, the stock has fallen 24% to CN¥20.15. The fair value is estimated to be CN¥26.01, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 46%. Revenue is forecast to grow by 77% in 2 years. Earnings are forecast to grow by 131% in the next 2 years.Valuation Update With 7 Day Price Move • Feb 02Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to CN¥22.07, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 17x in the Electronic industry in China. Total returns to shareholders of 29% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥26.03 per share.공시 • Dec 29Hitevision Co., Ltd. to Report Fiscal Year 2023 Results on Apr 26, 2024Hitevision Co., Ltd. announced that they will report fiscal year 2023 results on Apr 26, 2024Valuation Update With 7 Day Price Move • Dec 07Investor sentiment improves as stock rises 18%After last week's 18% share price gain to CN¥32.09, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 22x in the Electronic industry in China. Total returns to shareholders of 34% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥26.79 per share.Reported Earnings • Nov 02Third quarter 2023 earnings released: EPS: CN¥0.67 (vs CN¥1.13 in 3Q 2022)Third quarter 2023 results: EPS: CN¥0.67 (down from CN¥1.13 in 3Q 2022). Revenue: CN¥1.45b (down 4.2% from 3Q 2022). Net income: CN¥157.1m (down 40% from 3Q 2022). Profit margin: 11% (down from 17% in 3Q 2022). The decrease in margin was primarily driven by lower revenue. Revenue is forecast to grow 25% 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, earnings per share has increased by 46% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.New Risk • Oct 31New 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 6.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Short dividend paying track record (less than a year of continuous dividend payments). Share price has been volatile over the past 3 months (6.8% average weekly change).공시 • Sep 28Hitevision Co., Ltd. Announces Board AppointmentsHitevision Co., Ltd. held its 3rd Extraordinary General Meeting of 2023 on 26 September 2023, during which the following proposals were approved: Election of non-independent directors: Long Xudong and KEJIAN WANG; Election of independent directors: Lan Jia, Ma Zhe, and Yang Yiping.Board Change • Sep 28No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 4 non-independent directors. Employee Supervisor Ting Tang was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.Valuation Update With 7 Day Price Move • Aug 31Investor sentiment improves as stock rises 19%After last week's 19% share price gain to CN¥23.51, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 21x in the Electronic industry in China. Total loss to shareholders of 15% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥16.48 per share.Reported Earnings • Aug 30Second quarter 2023 earnings released: EPS: CN¥0.50 (vs CN¥0.34 in 2Q 2022)Second quarter 2023 results: EPS: CN¥0.50 (up from CN¥0.34 in 2Q 2022). Revenue: CN¥967.7m (down 22% from 2Q 2022). Net income: CN¥119.9m (up 48% from 2Q 2022). Profit margin: 12% (up from 6.5% in 2Q 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 30% p.a. on average during the next 2 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 48% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings.공시 • Jun 30Hitevision Co., Ltd. Announces Final Profit Distribution for 2022, Payable on 06 July 2023Hitevision Co., Ltd. announced 2022 final profit distribution plan to be implemented (A shares) Cash dividend/10 shares (tax included): CNY 12.82000000. Record date: 05 July 2023, Ex-date: 06 July 2023, Payment date: 06 July 2023.공시 • May 23Hitevision Co., Ltd. Approves Cash Dividend for the Year 2022Hitevision Co., Ltd. at its Annual General Meeting of 2022 on 19 May 2023, approved cash dividend per 10 shares (tax included) of CNY 12.82000000 for the year 2022.공시 • May 06Hitevision Co., Ltd., Annual General Meeting, May 19, 2023Hitevision Co., Ltd., Annual General Meeting, May 19, 2023, at 14:00 China Standard Time. Agenda: To consider 2022 annual report and its summary; to consider 2022 work report of the board of directors; to consider 2022 work report of the supervisory committee; to consider 2022 annual accounts; to consider 2022 profit distribution plan; to consider 2023 remuneration (allowance) plan for directors, supervisors and senior management; to consider 2023 application for estimated comprehensive credit line to banks by the Company and subsidiaries; to consider cash management with some idle raised funds and idle proprietary funds; to consider guarantee for subsidiaries; to consider provision of buyer's credit guarantee for clients by the Company and subsidiaries; and to consider change of the Company and subsidiaries' domicile and amendments to the Company's articles of association.공시 • May 05Hitevision Co., Ltd. Proposes Final Dividend for the Year 2022Hitevision Co., Ltd. proposed cash dividend/10 shares (tax included) of CNY 12.82000000 for the year 2022.Reported Earnings • Apr 30First quarter 2023 earnings released: EPS: CN¥0.10 (vs CN¥0.18 in 1Q 2022)First quarter 2023 results: EPS: CN¥0.10 (down from CN¥0.18 in 1Q 2022). Revenue: CN¥653.0m (down 28% from 1Q 2022). Net income: CN¥22.9m (down 45% from 1Q 2022). Profit margin: 3.5% (down from 4.6% in 1Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 24% p.a. on average during the next 2 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 36% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.Valuation Update With 7 Day Price Move • Mar 23Investor sentiment improves as stock rises 15%After last week's 15% share price gain to CN¥36.70, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 26x in the Electronic industry in China. Total loss to shareholders of 18% over the past three years.Valuation Update With 7 Day Price Move • Feb 20Investor sentiment improves as stock rises 18%After last week's 18% share price gain to CN¥31.50, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 25x in the Electronic industry in China. Total loss to shareholders of 27% over the past three years.Reported Earnings • Oct 30Third quarter 2022 earnings released: EPS: CN¥1.13 (vs CN¥0.49 in 3Q 2021)Third quarter 2022 results: EPS: CN¥1.13 (up from CN¥0.49 in 3Q 2021). Revenue: CN¥1.51b (down 28% from 3Q 2021). Net income: CN¥261.7m (up 132% from 3Q 2021). Profit margin: 17% (up from 5.4% in 3Q 2021). The increase in margin was driven by lower expenses. Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has fallen by 1% per year whereas the company’s share price has fallen by 5% per year.Valuation Update With 7 Day Price Move • Oct 14Investor sentiment improved over the past weekAfter last week's 17% share price gain to CN¥22.82, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 19x in the Electronic industry in China. Total loss to shareholders of 33% over the past three years.Reported Earnings • Aug 29Second quarter 2022 earnings released: EPS: CN¥0.34 (vs CN¥0.078 in 2Q 2021)Second quarter 2022 results: EPS: CN¥0.34 (up from CN¥0.078 in 2Q 2021). Revenue: CN¥1.23b (down 7.2% from 2Q 2021). Net income: CN¥80.8m (up 318% from 2Q 2021). Profit margin: 6.5% (up from 1.5% in 2Q 2021). The increase in margin was driven by lower expenses. Over the next year, revenue is forecast to grow 17%, compared to a 25% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has fallen by 29% per year but the company’s share price has only fallen by 14% per year, which means it has not declined as severely as earnings.Valuation Update With 7 Day Price Move • Jul 07Investor sentiment improved over the past weekAfter last week's 20% share price gain to CN¥26.14, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 22x in the Electronic industry in China. Total loss to shareholders of 30% over the past three years.Reported Earnings • Apr 28First quarter 2022 earnings: EPS and revenues miss analyst expectationsFirst quarter 2022 results: EPS: CN¥0.18 (up from CN¥0.03 in 1Q 2021). Revenue: CN¥905.6m (up 14% from 1Q 2021). Net income: CN¥41.4m (up CN¥34.5m from 1Q 2021). Profit margin: 4.6% (up from 0.9% in 1Q 2021). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 14%. Earnings per share (EPS) also missed analyst estimates by 13%.Board Change • Apr 27High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Deputy GM, Board Secretary & Non-Independent Director Xiaoqiang Sun was the last director to join the board, commencing their role in 2020. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.Valuation Update With 7 Day Price Move • Feb 14Investor sentiment improved over the past weekAfter last week's 18% share price gain to CN¥22.85, the stock trades at a trailing P/E ratio of 32.9x. Average trailing P/E is 39x in the Electronic industry in China. Total returns to shareholders of 24% over the past year.Valuation Update With 7 Day Price Move • Dec 14Investor sentiment improved over the past weekAfter last week's 18% share price gain to CN¥22.12, the stock trades at a trailing P/E ratio of 31.8x. Average trailing P/E is 42x in the Electronic industry in China. Total loss to shareholders of 11% over the past year.Reported Earnings • Nov 01Third quarter 2021 earnings released: EPS CN¥0.49 (vs CN¥0.38 in 3Q 2020)The company reported a solid third quarter result with improved earnings and revenues, although profit margins were weaker. Third quarter 2021 results: Revenue: CN¥2.10b (up 43% from 3Q 2020). Net income: CN¥112.9m (up 25% from 3Q 2020). Profit margin: 5.4% (down from 6.1% in 3Q 2020).Reported Earnings • Aug 27Second quarter 2021 earnings released: EPS CN¥0.078 (vs CN¥0.064 in 2Q 2020)The company reported a solid second quarter result with improved earnings and revenues, although profit margins were weaker. Second quarter 2021 results: Revenue: CN¥1.33b (up 58% from 2Q 2020). Net income: CN¥19.3m (up 28% from 2Q 2020). Profit margin: 1.5% (down from 1.8% in 2Q 2020).Reported Earnings • Apr 30First quarter 2021 earnings released: EPS CN¥0.03 (vs CN¥0.21 loss in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: CN¥796.4m (up 162% from 1Q 2020). Net income: CN¥6.84m (up CN¥54.7m from 1Q 2020). Profit margin: 0.9% (up from net loss in 1Q 2020).Reported Earnings • Apr 08Full year 2020 earnings released: EPS CN¥0.35 (vs CN¥1.51 in FY 2019)The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: CN¥3.99b (down 17% from FY 2019). Net income: CN¥81.7m (down 74% from FY 2019). Profit margin: 2.0% (down from 6.5% in FY 2019).Valuation Update With 7 Day Price Move • Mar 22Investor sentiment improved over the past weekAfter last week's 18% share price gain to CN¥22.12, the stock trades at a trailing P/E ratio of 41.4x. Average trailing P/E is 37x in the Electronic industry in China. Total loss to shareholders of 49% over the past year.공시 • Feb 24Hitevision Co., Ltd. to Report Fiscal Year 2020 Results on Apr 08, 2021Hitevision Co., Ltd. announced that they will report fiscal year 2020 results on Apr 08, 2021Is New 90 Day High Low • Feb 01New 90-day low: CN¥19.93The company is down 22% from its price of CN¥25.64 on 03 November 2020. The Chinese market is up 7.0% 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.Is New 90 Day High Low • Jan 13New 90-day low: CN¥20.08The company is down 26% from its price of CN¥27.15 on 15 October 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 6.0% over the same period.Is New 90 Day High Low • Dec 28New 90-day low: CN¥21.03The company is down 21% from its price of CN¥26.54 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.Is New 90 Day High Low • Dec 11New 90-day low: CN¥24.81The company is down 11% from its price of CN¥27.76 on 11 September 2020. The Chinese market is up 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 3.0% over the same period.Is New 90 Day High Low • Oct 30New 90-day low: CN¥26.26The company is down 9.0% from its price of CN¥29.01 on 31 July 2020. The Chinese market is down 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is down 1.0% over the same period.Reported Earnings • Oct 29Third quarter earnings releasedOver the last 12 months the company has reported total profits of CN¥126.7m, down 56% from the prior year. Total revenue was CN¥3.92b over the last 12 months, down 14% from the prior year.공시 • Sep 29Hitevision Co., Ltd. Announces Board AppointmentsHitevision Co., Ltd. held its second Extraordinary General Meeting of 2020 on 25 September 2020, approved the election of Zhu Hailong as non-independent director, elected Liu Dongjin, Li Xiaowei and Yu Changjiang as independent directors and elected Zhao Hongchan as non-employee supervisors.Is New 90 Day High Low • Sep 28New 90-day low: CN¥26.63The company is down 12% from its price of CN¥30.40 on 30 June 2020. The Chinese market is up 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 6.0% over the same period.공시 • Jul 18Hitevision Co., Ltd. to Report First Half, 2020 Results on Aug 11, 2020Hitevision Co., Ltd. announced that they will report first half, 2020 results on Aug 11, 2020매출 및 비용 세부 내역Hitevision가 돈을 벌고 사용하는 방법. 최근 발표된 LTM 실적 기준.순이익 및 매출 추이SZSE:002955 매출, 비용 및 순이익 (CNY Millions)날짜매출순이익일반관리비연구개발비31 Mar 263,344953716731 Dec 253,2385253917530 Sep 253,2175957916030 Jun 253,35211757916431 Mar 253,48420360016931 Dec 243,52522259516430 Sep 243,62526852818930 Jun 243,88232956318731 Mar 243,82732558218531 Dec 233,92932361718730 Sep 233,96631267520030 Jun 234,03041766121031 Mar 234,29737866122701 Jan 234,54939664922630 Sep 225,23741465725130 Jun 225,82526571626531 Mar 225,92120369424401 Jan 225,81116967924430 Sep 215,60316362320530 Jun 214,97614160018631 Mar 214,48613658918731 Dec 203,9948259218730 Sep 203,91612767916230 Jun 203,95016966017331 Mar 204,52224868018331 Dec 194,83031466317130 Sep 194,54329160020330 Jun 194,59034356417831 Mar 194,41533452016731 Dec 184,37833650016931 Dec 173,61720440212931 Dec 162,7216238210831 Dec 151,849542890양질의 수익: 002955는 CN¥33.5M 규모의 큰 일회성 이익이 있어 31st March, 2026까지 지난 12개월 재무 결과에 영향을 미쳤습니다.이익 마진 증가: 002955의 현재 순 이익률 (0.3%)은 지난해 (5.8%)보다 낮습니다.잉여현금흐름 대비 순이익 분석과거 순이익 성장 분석수익추이: 002955의 수익은 지난 5년 동안 연평균 10% 감소했습니다.성장 가속화: 002955은 지난 1년 동안 수익이 감소하여 5년 평균과 비교할 수 없습니다.수익 대 산업: 002955은 지난 1년 동안 수익이 감소(-95.4%)하여 Electronic 업계 평균(9.4%)과 비교하기 어렵습니다.자기자본이익률높은 ROE: 002955의 자본 수익률(0.1%)은 낮음으로 평가됩니다.총자산이익률투하자본수익률우수한 과거 실적 기업을 찾아보세요7D1Y7D1Y7D1YTech 산업에서 과거 실적이 우수한 기업.View Financial Health기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/22 12:31종가2026/05/22 00:00수익2026/03/31연간 수익2025/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Hitevision Co., Ltd.는 2명의 분석가가 다루고 있습니다. 이 중 0명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Ya JiangCitic Securities Co., Ltd.Sun-Hai YangTianfeng Securities Brokerage Co., Ltd
Reported Earnings • Apr 25First quarter 2026 earnings released: CN¥0.16 loss per share (vs CN¥0.025 profit in 1Q 2025)First quarter 2026 results: CN¥0.16 loss per share (down from CN¥0.025 profit in 1Q 2025). Revenue: CN¥615.6m (up 21% from 1Q 2025). Net loss: CN¥36.5m (down CN¥42.3m from profit in 1Q 2025). Over the last 3 years on average, earnings per share has fallen by 57% per year but the company’s share price has remained flat, which means it is well ahead of earnings.
공시 • Mar 31Hitevision Co., Ltd. to Report Q1, 2026 Results on Apr 25, 2026Hitevision Co., Ltd. announced that they will report Q1, 2026 results on Apr 25, 2026
Reported Earnings • Mar 18Full year 2025 earnings released: EPS: CN¥0.22 (vs CN¥0.94 in FY 2024)Full year 2025 results: EPS: CN¥0.22 (down from CN¥0.94 in FY 2024). Revenue: CN¥3.24b (down 8.1% from FY 2024). Net income: CN¥51.8m (down 77% from FY 2024). Profit margin: 1.6% (down from 6.3% in FY 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 46% 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.
공시 • Dec 31Hitevision Co., Ltd. to Report Fiscal Year 2025 Results on Mar 18, 2026Hitevision Co., Ltd. announced that they will report fiscal year 2025 results on Mar 18, 2026
Reported Earnings • Oct 30Third quarter 2025 earnings released: EPS: CN¥0.16 (vs CN¥0.40 in 3Q 2024)Third quarter 2025 results: EPS: CN¥0.16 (down from CN¥0.40 in 3Q 2024). Revenue: CN¥1.06b (down 11% from 3Q 2024). Net income: CN¥37.6m (down 61% from 3Q 2024). Profit margin: 3.6% (down from 8.0% in 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 37% 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 • Sep 30Hitevision Co., Ltd. to Report Q3, 2025 Results on Oct 30, 2025Hitevision Co., Ltd. announced that they will report Q3, 2025 results on Oct 30, 2025
Reported Earnings • Apr 25First quarter 2026 earnings released: CN¥0.16 loss per share (vs CN¥0.025 profit in 1Q 2025)First quarter 2026 results: CN¥0.16 loss per share (down from CN¥0.025 profit in 1Q 2025). Revenue: CN¥615.6m (up 21% from 1Q 2025). Net loss: CN¥36.5m (down CN¥42.3m from profit in 1Q 2025). Over the last 3 years on average, earnings per share has fallen by 57% per year but the company’s share price has remained flat, which means it is well ahead of earnings.
공시 • Apr 03Hitevision Co., Ltd. (SZSE:002955) announces an Equity Buyback for CNY 100 million worth of its shares.Hitevision Co., Ltd. (SZSE:002955) announces a share repurchase program. Under the program, the company will repurchase up to CNY 100 million worth of its A shares. The shares will be repurchased at a price not more than CNY 40 per share. The repurchases will be made from company's own funds. The repurchased shares will be used for ESOP or equity incentives. The authorization will be valid for a period of 12 months.
공시 • Mar 31Hitevision Co., Ltd. to Report Q1, 2026 Results on Apr 25, 2026Hitevision Co., Ltd. announced that they will report Q1, 2026 results on Apr 25, 2026
New Risk • Mar 23New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 43% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 1.1% 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 (1.6% net profit margin).
Reported Earnings • Mar 18Full year 2025 earnings released: EPS: CN¥0.22 (vs CN¥0.94 in FY 2024)Full year 2025 results: EPS: CN¥0.22 (down from CN¥0.94 in FY 2024). Revenue: CN¥3.24b (down 8.1% from FY 2024). Net income: CN¥51.8m (down 77% from FY 2024). Profit margin: 1.6% (down from 6.3% in FY 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 46% 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.
공시 • Mar 17Hitevision Co., Ltd., Annual General Meeting, Apr 08, 2026Hitevision Co., Ltd., Annual General Meeting, Apr 08, 2026, at 14:00 China Standard Time. Location: 5F, Building 11, Qinghua Road, Science Park, Shushan District, Hefei, Anhui China
공시 • Dec 31Hitevision Co., Ltd. to Report Fiscal Year 2025 Results on Mar 18, 2026Hitevision Co., Ltd. announced that they will report fiscal year 2025 results on Mar 18, 2026
공시 • Dec 03Anhui Ruicheng Hongtu Equity Investment Fund Partnership Enterprise (Limited Partnership) and Hefei Ruicheng Private Fund Management Co., Ltd. completed the acquisition of 25% stake in Hitevision Co., Ltd. (SZSE : 002955) from Hongfu Victory Company Limited, Xing Zheng, Wang Jing and Zhang Shujiang.Anhui Ruicheng Hongtu Equity Investment Fund Partnership Enterprise (Limited Partnership) and Hefei Ruicheng Private Fund Management Co., Ltd. agreed to acquire 25% stake in Hitevision Co., Ltd. (SZSE : 002955) from Hongfu Victory Company Limited, Xing Zheng, Wang Jing and Zhang Shujiang for CNY 1.6 billion on June 10, 2025. A cash consideration of CNY 1.57 billion valued at CNY 26.6227 per share will be paid for 59.16 million shares of Hitevision Co., Ltd. On October 31, 2025, a supplementary agreement to the share transfer agreement was signed, which added Anhui Ruicheng Hongtu Equity Investment Fund Partnership Enterprise (Limited Partnership) as an additional acquirer. Anhui Ruicheng Hongtu Equity Investment Fund Partnership Enterprise (Limited Partnership) and Hefei Ruicheng Private Fund Management Co., Ltd. completed the acquisition of 25% stake in Hitevision Co., Ltd. (SZSE : 002955) from Hongfu Victory Company Limited, Xing Zheng, Wang Jing and Zhang Shujiang on December 1, 2025.
Reported Earnings • Oct 30Third quarter 2025 earnings released: EPS: CN¥0.16 (vs CN¥0.40 in 3Q 2024)Third quarter 2025 results: EPS: CN¥0.16 (down from CN¥0.40 in 3Q 2024). Revenue: CN¥1.06b (down 11% from 3Q 2024). Net income: CN¥37.6m (down 61% from 3Q 2024). Profit margin: 3.6% (down from 8.0% in 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 37% 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 • Sep 30Hitevision Co., Ltd. to Report Q3, 2025 Results on Oct 30, 2025Hitevision Co., Ltd. announced that they will report Q3, 2025 results on Oct 30, 2025
New Risk • Sep 11New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 29% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (3.5% net profit margin).
Reported Earnings • Aug 27Second quarter 2025 earnings releasedSecond quarter 2025 results: Revenue: CN¥890.1m (down 13% from 2Q 2024). Net income: CN¥38.8m (down 69% from 2Q 2024). Profit margin: 4.4% (down from 12% in 2Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings.
공시 • Jul 02Hitevision Co., Ltd. to Report First Half, 2025 Results on Aug 27, 2025Hitevision Co., Ltd. announced that they will report first half, 2025 results on Aug 27, 2025
New Risk • Jun 11New 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 8.7% 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: Minor Risks Share price has been volatile over the past 3 months (8.7% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (5.8% net profit margin).
New Risk • May 06New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 20% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (5.8% net profit margin).
Reported Earnings • Apr 26First quarter 2025 earnings released: EPS: CN¥0.01 (vs CN¥0.11 in 1Q 2024)First quarter 2025 results: EPS: CN¥0.01 (down from CN¥0.11 in 1Q 2024). Revenue: CN¥510.1m (down 7.4% from 1Q 2024). Net income: CN¥5.85m (down 77% from 1Q 2024). Profit margin: 1.1% (down from 4.6% in 1Q 2024). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 17% 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 11% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings.
공시 • Apr 26Hitevision Co., Ltd., Annual General Meeting, May 19, 2025Hitevision Co., Ltd., Annual General Meeting, May 19, 2025, at 14:00 China Standard Time. Location: The Company's Meeting Room, Beijing China
Valuation Update With 7 Day Price Move • Apr 08Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to CN¥19.77, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 23x in the Electronic industry in China. Total returns to shareholders of 27% over the past three years.
공시 • Mar 31Hitevision Co., Ltd. to Report Q1, 2025 Results on Apr 26, 2025Hitevision Co., Ltd. announced that they will report Q1, 2025 results on Apr 26, 2025
공시 • Mar 23Hitevision Co., Ltd. Announces Implementation of Special Profit Distribution (A Shares) for 2024, Payable on 31 March 2025Hitevision Co., Ltd. announced 2024 special profit distribution plan to be implemented (A shares): Cash dividend per 10 shares (tax included) of CNY 12.81000000. Record date: 28 March 2025; Ex-date: 31 March 2025; Payment date: 31 March 2025.
분석 기사 • Feb 28Hitevision Co., Ltd. (SZSE:002955) Might Not Be As Mispriced As It LooksWith a price-to-earnings (or "P/E") ratio of 21.6x Hitevision Co., Ltd. ( SZSE:002955 ) may be sending bullish signals...
분석 기사 • Jan 03Hitevision (SZSE:002955) Seems To Use Debt Quite SensiblyHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
공시 • Dec 31Hitevision Co., Ltd. to Report Fiscal Year 2024 Results on Apr 26, 2025Hitevision Co., Ltd. announced that they will report fiscal year 2024 results on Apr 26, 2025
Reported Earnings • Oct 31Third quarter 2024 earnings released: EPS: CN¥0.40 (vs CN¥0.67 in 3Q 2023)Third quarter 2024 results: EPS: CN¥0.40 (down from CN¥0.67 in 3Q 2023). Revenue: CN¥1.19b (down 18% from 3Q 2023). Net income: CN¥95.6m (down 39% from 3Q 2023). Profit margin: 8.0% (down from 11% in 3Q 2023). Revenue is forecast to grow 18% 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 increased by 14% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.
분석 기사 • Oct 14Hitevision Co., Ltd. (SZSE:002955) Doing What It Can To Lift SharesWhen close to half the companies in China have price-to-earnings ratios (or "P/E's") above 32x, you may consider...
Valuation Update With 7 Day Price Move • Oct 02Investor sentiment improves as stock rises 17%After last week's 17% share price gain to CN¥25.09, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 24x in the Electronic industry in China. Total returns to shareholders of 63% over the past three years.
공시 • Sep 30Hitevision Co., Ltd. to Report Q3, 2024 Results on Oct 31, 2024Hitevision Co., Ltd. announced that they will report Q3, 2024 results on Oct 31, 2024
분석 기사 • Sep 27Is Hitevision (SZSE:002955) A Risky Investment?Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
New Risk • Sep 17New major risk - Financial data availabilityThe company has not reported any financial data. This is considered a major risk. With no or incomplete audited reported financial data, it is virtually impossible to assess the company's investment potential. Currently, the following risks have been identified for the company: Major Risk No financial data reported. Minor Risk Short dividend paying track record (1 year of continuous dividend payments).
Reported Earnings • Aug 31Second quarter 2024 earnings released: EPS: CN¥0.52 (vs CN¥0.50 in 2Q 2023)Second quarter 2024 results: EPS: CN¥0.52 (up from CN¥0.50 in 2Q 2023). Revenue: CN¥1.02b (up 5.6% from 2Q 2023). Net income: CN¥124.3m (up 3.7% from 2Q 2023). Profit margin: 12% (in line with 2Q 2023). Revenue is forecast to grow 23% 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 increased by 23% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Aug 01Investor sentiment improves as stock rises 17%After last week's 17% share price gain to CN¥22.59, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 21x in the Electronic industry in China. Total returns to shareholders of 42% over the past three years.
분석 기사 • Jun 30Hitevision (SZSE:002955) Has Announced That Its Dividend Will Be Reduced To CN¥0.425Hitevision Co., Ltd. ( SZSE:002955 ) has announced that on 5th of July, it will be paying a dividend ofCN¥0.425, which...
Declared Dividend • Jun 29Dividend reduced to CN¥0.42Dividend of CN¥0.42 is 67% lower than last year. Ex-date: 5th July 2024 Payment date: 5th July 2024 Dividend yield will be 1.8%, which is about the same as the industry average. Sustainability & Growth Dividend is well covered by both earnings (31% earnings payout ratio) and cash flows (18% cash payout ratio). The company is yet to establish a track record of dividend growth or stability as it hasn't paid a regular dividend for at least 2 years. EPS is expected to grow by 130% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
공시 • Jun 29Hitevision Co., Ltd. to Report First Half, 2024 Results on Aug 31, 2024Hitevision Co., Ltd. announced that they will report first half, 2024 results on Aug 31, 2024
공시 • Jun 28Hitevision Co., Ltd. Announces Final Cash Dividend (A Shares) for the Year 2023, Payable on July 5, 2024Hitevision Co., Ltd. announced Final Cash Dividend (tax included) (A shares) of CNY 4.25000000 per 10 shares for the year 2023, Payable on July 5, 2024. Record date is July 4, 2024. Ex-Date is July 5, 2024.
분석 기사 • Jun 26Hitevision (SZSE:002955) May Have Issues Allocating Its CapitalIf we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
공시 • Jun 20Hitevision Co., Ltd. (SZSE:002955) announces an Equity Buyback for CNY 100 million worth of its shares.Hitevision Co., Ltd. (SZSE:002955) announces a share repurchase program. Under the program, the company will repurchase up to CNY 100 million worth of its A shares. The shares will be repurchased at a price not more than CNY 35 per share. The repurchases will be made from company's own funds. The repurchased shares will be used for ESOP or equity incentives. The authorization will be valid for a period of 12 months.
분석 기사 • Jun 07Hitevision (SZSE:002955) Seems To Use Debt Rather SparinglyThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Valuation Update With 7 Day Price Move • May 22Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CN¥27.55, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 22x in the Electronic industry in China. Total returns to shareholders of 49% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥21.91 per share.
분석 기사 • May 21Fewer Investors Than Expected Jumping On Hitevision Co., Ltd. (SZSE:002955)When close to half the companies in China have price-to-earnings ratios (or "P/E's") above 33x, you may consider...
Buy Or Sell Opportunity • May 17Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 9.3% to CN¥26.35. The fair value is estimated to be CN¥21.89, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 12% over the last 3 years. Earnings per share has grown by 30%. Revenue is forecast to grow by 62% in a year. Earnings are forecast to grow by 96% in the next year.
분석 기사 • May 02Hitevision's (SZSE:002955) Soft Earnings Are Actually Better Than They AppearHitevision Co., Ltd.'s ( SZSE:002955 ) recent soft profit numbers didn't appear to worry shareholders, as the stock...
공시 • Apr 28Hitevision Co., Ltd., Annual General Meeting, May 20, 2024Hitevision Co., Ltd., Annual General Meeting, May 20, 2024, at 14:00 China Standard Time. Location: The Company's Meeting Room, Beijing China Agenda: To consider the 2023 annual report and its summary; to 2023 work report of the board of directors; to 2023 work report of the supervisory committee; to 2023 profit distribution plan; to Cash management with some idle raised funds and idle proprietary funds; to 2023 annual accounts report; to 2024 remuneration allowance plan for directors, supervisors and senior management; to Provision of estimated guarantee quota for subsidiaries; to Provision of buyer's credit guarantee for clients; and to consider other matters if any.
공시 • Apr 27Hitevision Co., Ltd. Proposes Final Cash Dividend (Tax Included) for 2023Hitevision Co., Ltd. proposed final cash dividend (tax included) for 2023 of CNY 4.25000000 per 10 shares.
Reported Earnings • Apr 26Full year 2023 earnings: EPS and revenues miss analyst expectationsFull year 2023 results: EPS: CN¥1.38 (down from CN¥1.69 in FY 2022). Revenue: CN¥3.93b (down 14% from FY 2022). Net income: CN¥322.6m (down 19% from FY 2022). Profit margin: 8.2% (down from 8.7% in FY 2022). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 12%. Earnings per share (EPS) also missed analyst estimates by 11%. Revenue is forecast to grow 30% 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 increased by 40% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.
Buy Or Sell Opportunity • Apr 16Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 22% to CN¥22.04. The fair value is estimated to be CN¥27.93, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 46%. Revenue is forecast to grow by 77% in 2 years. Earnings are forecast to grow by 131% in the next 2 years.
분석 기사 • Apr 12Calculating The Intrinsic Value Of Hitevision Co., Ltd. (SZSE:002955)Key Insights Using the 2 Stage Free Cash Flow to Equity, Hitevision fair value estimate is CN¥27.87 Current share price...
공시 • Mar 30Hitevision Co., Ltd. to Report Q1, 2024 Results on Apr 26, 2024Hitevision Co., Ltd. announced that they will report Q1, 2024 results on Apr 26, 2024
Buy Or Sell Opportunity • Feb 05Now 23% undervalued after recent price dropOver the last 90 days, the stock has fallen 24% to CN¥20.15. The fair value is estimated to be CN¥26.01, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 46%. Revenue is forecast to grow by 77% in 2 years. Earnings are forecast to grow by 131% in the next 2 years.
Valuation Update With 7 Day Price Move • Feb 02Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to CN¥22.07, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 17x in the Electronic industry in China. Total returns to shareholders of 29% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥26.03 per share.
공시 • Dec 29Hitevision Co., Ltd. to Report Fiscal Year 2023 Results on Apr 26, 2024Hitevision Co., Ltd. announced that they will report fiscal year 2023 results on Apr 26, 2024
Valuation Update With 7 Day Price Move • Dec 07Investor sentiment improves as stock rises 18%After last week's 18% share price gain to CN¥32.09, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 22x in the Electronic industry in China. Total returns to shareholders of 34% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥26.79 per share.
Reported Earnings • Nov 02Third quarter 2023 earnings released: EPS: CN¥0.67 (vs CN¥1.13 in 3Q 2022)Third quarter 2023 results: EPS: CN¥0.67 (down from CN¥1.13 in 3Q 2022). Revenue: CN¥1.45b (down 4.2% from 3Q 2022). Net income: CN¥157.1m (down 40% from 3Q 2022). Profit margin: 11% (down from 17% in 3Q 2022). The decrease in margin was primarily driven by lower revenue. Revenue is forecast to grow 25% 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, earnings per share has increased by 46% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.
New Risk • Oct 31New 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 6.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Short dividend paying track record (less than a year of continuous dividend payments). Share price has been volatile over the past 3 months (6.8% average weekly change).
공시 • Sep 28Hitevision Co., Ltd. Announces Board AppointmentsHitevision Co., Ltd. held its 3rd Extraordinary General Meeting of 2023 on 26 September 2023, during which the following proposals were approved: Election of non-independent directors: Long Xudong and KEJIAN WANG; Election of independent directors: Lan Jia, Ma Zhe, and Yang Yiping.
Board Change • Sep 28No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 4 non-independent directors. Employee Supervisor Ting Tang was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.
Valuation Update With 7 Day Price Move • Aug 31Investor sentiment improves as stock rises 19%After last week's 19% share price gain to CN¥23.51, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 21x in the Electronic industry in China. Total loss to shareholders of 15% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥16.48 per share.
Reported Earnings • Aug 30Second quarter 2023 earnings released: EPS: CN¥0.50 (vs CN¥0.34 in 2Q 2022)Second quarter 2023 results: EPS: CN¥0.50 (up from CN¥0.34 in 2Q 2022). Revenue: CN¥967.7m (down 22% from 2Q 2022). Net income: CN¥119.9m (up 48% from 2Q 2022). Profit margin: 12% (up from 6.5% in 2Q 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 30% p.a. on average during the next 2 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 48% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings.
공시 • Jun 30Hitevision Co., Ltd. Announces Final Profit Distribution for 2022, Payable on 06 July 2023Hitevision Co., Ltd. announced 2022 final profit distribution plan to be implemented (A shares) Cash dividend/10 shares (tax included): CNY 12.82000000. Record date: 05 July 2023, Ex-date: 06 July 2023, Payment date: 06 July 2023.
공시 • May 23Hitevision Co., Ltd. Approves Cash Dividend for the Year 2022Hitevision Co., Ltd. at its Annual General Meeting of 2022 on 19 May 2023, approved cash dividend per 10 shares (tax included) of CNY 12.82000000 for the year 2022.
공시 • May 06Hitevision Co., Ltd., Annual General Meeting, May 19, 2023Hitevision Co., Ltd., Annual General Meeting, May 19, 2023, at 14:00 China Standard Time. Agenda: To consider 2022 annual report and its summary; to consider 2022 work report of the board of directors; to consider 2022 work report of the supervisory committee; to consider 2022 annual accounts; to consider 2022 profit distribution plan; to consider 2023 remuneration (allowance) plan for directors, supervisors and senior management; to consider 2023 application for estimated comprehensive credit line to banks by the Company and subsidiaries; to consider cash management with some idle raised funds and idle proprietary funds; to consider guarantee for subsidiaries; to consider provision of buyer's credit guarantee for clients by the Company and subsidiaries; and to consider change of the Company and subsidiaries' domicile and amendments to the Company's articles of association.
공시 • May 05Hitevision Co., Ltd. Proposes Final Dividend for the Year 2022Hitevision Co., Ltd. proposed cash dividend/10 shares (tax included) of CNY 12.82000000 for the year 2022.
Reported Earnings • Apr 30First quarter 2023 earnings released: EPS: CN¥0.10 (vs CN¥0.18 in 1Q 2022)First quarter 2023 results: EPS: CN¥0.10 (down from CN¥0.18 in 1Q 2022). Revenue: CN¥653.0m (down 28% from 1Q 2022). Net income: CN¥22.9m (down 45% from 1Q 2022). Profit margin: 3.5% (down from 4.6% in 1Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 24% p.a. on average during the next 2 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 36% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.
Valuation Update With 7 Day Price Move • Mar 23Investor sentiment improves as stock rises 15%After last week's 15% share price gain to CN¥36.70, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 26x in the Electronic industry in China. Total loss to shareholders of 18% over the past three years.
Valuation Update With 7 Day Price Move • Feb 20Investor sentiment improves as stock rises 18%After last week's 18% share price gain to CN¥31.50, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 25x in the Electronic industry in China. Total loss to shareholders of 27% over the past three years.
Reported Earnings • Oct 30Third quarter 2022 earnings released: EPS: CN¥1.13 (vs CN¥0.49 in 3Q 2021)Third quarter 2022 results: EPS: CN¥1.13 (up from CN¥0.49 in 3Q 2021). Revenue: CN¥1.51b (down 28% from 3Q 2021). Net income: CN¥261.7m (up 132% from 3Q 2021). Profit margin: 17% (up from 5.4% in 3Q 2021). The increase in margin was driven by lower expenses. Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has fallen by 1% per year whereas the company’s share price has fallen by 5% per year.
Valuation Update With 7 Day Price Move • Oct 14Investor sentiment improved over the past weekAfter last week's 17% share price gain to CN¥22.82, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 19x in the Electronic industry in China. Total loss to shareholders of 33% over the past three years.
Reported Earnings • Aug 29Second quarter 2022 earnings released: EPS: CN¥0.34 (vs CN¥0.078 in 2Q 2021)Second quarter 2022 results: EPS: CN¥0.34 (up from CN¥0.078 in 2Q 2021). Revenue: CN¥1.23b (down 7.2% from 2Q 2021). Net income: CN¥80.8m (up 318% from 2Q 2021). Profit margin: 6.5% (up from 1.5% in 2Q 2021). The increase in margin was driven by lower expenses. Over the next year, revenue is forecast to grow 17%, compared to a 25% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has fallen by 29% per year but the company’s share price has only fallen by 14% per year, which means it has not declined as severely as earnings.
Valuation Update With 7 Day Price Move • Jul 07Investor sentiment improved over the past weekAfter last week's 20% share price gain to CN¥26.14, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 22x in the Electronic industry in China. Total loss to shareholders of 30% over the past three years.
Reported Earnings • Apr 28First quarter 2022 earnings: EPS and revenues miss analyst expectationsFirst quarter 2022 results: EPS: CN¥0.18 (up from CN¥0.03 in 1Q 2021). Revenue: CN¥905.6m (up 14% from 1Q 2021). Net income: CN¥41.4m (up CN¥34.5m from 1Q 2021). Profit margin: 4.6% (up from 0.9% in 1Q 2021). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 14%. Earnings per share (EPS) also missed analyst estimates by 13%.
Board Change • Apr 27High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Deputy GM, Board Secretary & Non-Independent Director Xiaoqiang Sun was the last director to join the board, commencing their role in 2020. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
Valuation Update With 7 Day Price Move • Feb 14Investor sentiment improved over the past weekAfter last week's 18% share price gain to CN¥22.85, the stock trades at a trailing P/E ratio of 32.9x. Average trailing P/E is 39x in the Electronic industry in China. Total returns to shareholders of 24% over the past year.
Valuation Update With 7 Day Price Move • Dec 14Investor sentiment improved over the past weekAfter last week's 18% share price gain to CN¥22.12, the stock trades at a trailing P/E ratio of 31.8x. Average trailing P/E is 42x in the Electronic industry in China. Total loss to shareholders of 11% over the past year.
Reported Earnings • Nov 01Third quarter 2021 earnings released: EPS CN¥0.49 (vs CN¥0.38 in 3Q 2020)The company reported a solid third quarter result with improved earnings and revenues, although profit margins were weaker. Third quarter 2021 results: Revenue: CN¥2.10b (up 43% from 3Q 2020). Net income: CN¥112.9m (up 25% from 3Q 2020). Profit margin: 5.4% (down from 6.1% in 3Q 2020).
Reported Earnings • Aug 27Second quarter 2021 earnings released: EPS CN¥0.078 (vs CN¥0.064 in 2Q 2020)The company reported a solid second quarter result with improved earnings and revenues, although profit margins were weaker. Second quarter 2021 results: Revenue: CN¥1.33b (up 58% from 2Q 2020). Net income: CN¥19.3m (up 28% from 2Q 2020). Profit margin: 1.5% (down from 1.8% in 2Q 2020).
Reported Earnings • Apr 30First quarter 2021 earnings released: EPS CN¥0.03 (vs CN¥0.21 loss in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: CN¥796.4m (up 162% from 1Q 2020). Net income: CN¥6.84m (up CN¥54.7m from 1Q 2020). Profit margin: 0.9% (up from net loss in 1Q 2020).
Reported Earnings • Apr 08Full year 2020 earnings released: EPS CN¥0.35 (vs CN¥1.51 in FY 2019)The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: CN¥3.99b (down 17% from FY 2019). Net income: CN¥81.7m (down 74% from FY 2019). Profit margin: 2.0% (down from 6.5% in FY 2019).
Valuation Update With 7 Day Price Move • Mar 22Investor sentiment improved over the past weekAfter last week's 18% share price gain to CN¥22.12, the stock trades at a trailing P/E ratio of 41.4x. Average trailing P/E is 37x in the Electronic industry in China. Total loss to shareholders of 49% over the past year.
공시 • Feb 24Hitevision Co., Ltd. to Report Fiscal Year 2020 Results on Apr 08, 2021Hitevision Co., Ltd. announced that they will report fiscal year 2020 results on Apr 08, 2021
Is New 90 Day High Low • Feb 01New 90-day low: CN¥19.93The company is down 22% from its price of CN¥25.64 on 03 November 2020. The Chinese market is up 7.0% 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.
Is New 90 Day High Low • Jan 13New 90-day low: CN¥20.08The company is down 26% from its price of CN¥27.15 on 15 October 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 6.0% over the same period.
Is New 90 Day High Low • Dec 28New 90-day low: CN¥21.03The company is down 21% from its price of CN¥26.54 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.
Is New 90 Day High Low • Dec 11New 90-day low: CN¥24.81The company is down 11% from its price of CN¥27.76 on 11 September 2020. The Chinese market is up 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 3.0% over the same period.
Is New 90 Day High Low • Oct 30New 90-day low: CN¥26.26The company is down 9.0% from its price of CN¥29.01 on 31 July 2020. The Chinese market is down 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is down 1.0% over the same period.
Reported Earnings • Oct 29Third quarter earnings releasedOver the last 12 months the company has reported total profits of CN¥126.7m, down 56% from the prior year. Total revenue was CN¥3.92b over the last 12 months, down 14% from the prior year.
공시 • Sep 29Hitevision Co., Ltd. Announces Board AppointmentsHitevision Co., Ltd. held its second Extraordinary General Meeting of 2020 on 25 September 2020, approved the election of Zhu Hailong as non-independent director, elected Liu Dongjin, Li Xiaowei and Yu Changjiang as independent directors and elected Zhao Hongchan as non-employee supervisors.
Is New 90 Day High Low • Sep 28New 90-day low: CN¥26.63The company is down 12% from its price of CN¥30.40 on 30 June 2020. The Chinese market is up 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 6.0% over the same period.
공시 • Jul 18Hitevision Co., Ltd. to Report First Half, 2020 Results on Aug 11, 2020Hitevision Co., Ltd. announced that they will report first half, 2020 results on Aug 11, 2020