View Future GrowthRed phase 과거 순이익 실적과거 기준 점검 0/6Red phase 의 수입은 연평균 -6.5%의 비율로 감소해 온 반면, Electronic 산업은 연평균 0.2%의 비율로 증가했습니다. 매출은 연평균 18.9%의 비율로 감소해 왔습니다.핵심 정보-6.52%순이익 성장률-4.05%주당순이익(EPS) 성장률Electronic 산업 성장률10.93%매출 성장률-18.91%자기자본이익률-2.46%순이익률-4.03%최근 순이익 업데이트31 Mar 2026최근 과거 실적 업데이트Reported Earnings • Apr 29First quarter 2026 earnings released: EPS: CN¥0.007 (vs CN¥0.03 in 1Q 2025)First quarter 2026 results: EPS: CN¥0.007 (down from CN¥0.03 in 1Q 2025). Revenue: CN¥115.4m (up 1.4% from 1Q 2025). Net income: CN¥3.55m (down 77% from 1Q 2025). Profit margin: 3.1% (down from 14% in 1Q 2025). Over the last 3 years on average, earnings per share has fallen by 3% per year whereas the company’s share price has fallen by 2% per year.공시 • Mar 31Red phase INC. to Report Q1, 2026 Results on Apr 28, 2026Red phase INC. announced that they will report Q1, 2026 results on Apr 28, 2026Reported Earnings • Mar 04Full year 2025 earnings released: CN¥0.04 loss per share (vs CN¥0.92 loss in FY 2024)Full year 2025 results: CN¥0.04 loss per share (improved from CN¥0.92 loss in FY 2024). Revenue: CN¥738.2m (up 16% from FY 2024). Net loss: CN¥17.9m (loss narrowed 95% from FY 2024). Over the last 3 years on average, earnings per share has fallen by 31% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings.공시 • Dec 31Red phase INC. to Report Fiscal Year 2025 Results on Apr 28, 2026Red phase INC. announced that they will report fiscal year 2025 results on Apr 28, 2026Reported Earnings • Oct 29Third quarter 2025 earnings released: EPS: CN¥0.085 (vs CN¥0.15 loss in 3Q 2024)Third quarter 2025 results: EPS: CN¥0.085 (up from CN¥0.15 loss in 3Q 2024). Revenue: CN¥191.5m (up 79% from 3Q 2024). Net income: CN¥43.2m (up CN¥104.0m from 3Q 2024). Profit margin: 23% (up from net loss in 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has fallen by 29% per year, which means it is performing significantly worse than earnings.공시 • Sep 30Red phase INC. to Report Q3, 2025 Results on Oct 29, 2025Red phase INC. announced that they will report Q3, 2025 results on Oct 29, 2025모든 업데이트 보기Recent updatesReported Earnings • Apr 29First quarter 2026 earnings released: EPS: CN¥0.007 (vs CN¥0.03 in 1Q 2025)First quarter 2026 results: EPS: CN¥0.007 (down from CN¥0.03 in 1Q 2025). Revenue: CN¥115.4m (up 1.4% from 1Q 2025). Net income: CN¥3.55m (down 77% from 1Q 2025). Profit margin: 3.1% (down from 14% in 1Q 2025). Over the last 3 years on average, earnings per share has fallen by 3% per year whereas the company’s share price has fallen by 2% per year.공시 • Apr 28Red phase INC., Annual General Meeting, May 20, 2026Red phase INC., Annual General Meeting, May 20, 2026, at 15:00 China Standard Time. Location: The Company's Meeting Room, Xiamen, Fujian China공시 • Mar 31Red phase INC. to Report Q1, 2026 Results on Apr 28, 2026Red phase INC. announced that they will report Q1, 2026 results on Apr 28, 2026Reported Earnings • Mar 04Full year 2025 earnings released: CN¥0.04 loss per share (vs CN¥0.92 loss in FY 2024)Full year 2025 results: CN¥0.04 loss per share (improved from CN¥0.92 loss in FY 2024). Revenue: CN¥738.2m (up 16% from FY 2024). Net loss: CN¥17.9m (loss narrowed 95% from FY 2024). Over the last 3 years on average, earnings per share has fallen by 31% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings.공시 • Dec 31Red phase INC. to Report Fiscal Year 2025 Results on Apr 28, 2026Red phase INC. announced that they will report fiscal year 2025 results on Apr 28, 2026New Risk • Nov 18New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 7.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: 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 (7.5% average weekly change).Reported Earnings • Oct 29Third quarter 2025 earnings released: EPS: CN¥0.085 (vs CN¥0.15 loss in 3Q 2024)Third quarter 2025 results: EPS: CN¥0.085 (up from CN¥0.15 loss in 3Q 2024). Revenue: CN¥191.5m (up 79% from 3Q 2024). Net income: CN¥43.2m (up CN¥104.0m from 3Q 2024). Profit margin: 23% (up from net loss in 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has fallen by 29% per year, which means it is performing significantly worse than earnings.공시 • Sep 30Red phase INC. to Report Q3, 2025 Results on Oct 29, 2025Red phase INC. announced that they will report Q3, 2025 results on Oct 29, 2025공시 • Jul 02Red phase INC. to Report First Half, 2025 Results on Aug 28, 2025Red phase INC. announced that they will report first half, 2025 results on Aug 28, 2025New Risk • Jun 06New major risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -CN¥95m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CN¥95m free cash flow). Earnings have declined by 41% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (8.6% average weekly change). Shareholders have been diluted in the past year (27% increase in shares outstanding).New Risk • Jun 03New 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 8.3% 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 30% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (8.3% average weekly change). Shareholders have been diluted in the past year (27% increase in shares outstanding).New Risk • May 05New major risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -CN¥95m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CN¥95m free cash flow). Earnings have declined by 41% per year over the past 5 years. Shareholders have been substantially diluted in the past year (32% increase in shares outstanding).Reported Earnings • Apr 23Full year 2024 earnings released: CN¥0.92 loss per share (vs CN¥1.27 loss in FY 2023)Full year 2024 results: CN¥0.92 loss per share (improved from CN¥1.27 loss in FY 2023). Revenue: CN¥634.9m (down 45% from FY 2023). Net loss: CN¥353.1m (loss narrowed 23% from FY 2023). Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has fallen by 29% per year, which means it is significantly lagging earnings.공시 • Apr 22Red phase INC., Annual General Meeting, May 14, 2025Red phase INC., Annual General Meeting, May 14, 2025, at 15:00 China Standard Time. Location: The Company's Meeting Room, Xiamen, Fujian ChinaNew Risk • Apr 07New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 7.9% 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 Risks Earnings have declined by 35% per year over the past 5 years. Shareholders have been substantially diluted in the past year (32% increase in shares outstanding). Minor Risk Share price has been volatile over the past 3 months (7.9% average weekly change).Valuation Update With 7 Day Price Move • Apr 07Investor sentiment deteriorates as stock falls 20%After last week's 20% share price decline to CN¥4.20, the stock trades at a trailing P/E ratio of 6.4x. Average trailing P/E is 48x in the Electronic industry in China. Total loss to shareholders of 70% over the past three years.공시 • Mar 31Red phase INC. to Report Q1, 2025 Results on Apr 28, 2025Red phase INC. announced that they will report Q1, 2025 results on Apr 28, 2025Reported Earnings • Mar 02Full year 2024 earnings released: CN¥0.83 loss per share (vs CN¥1.27 loss in FY 2023)Full year 2024 results: CN¥0.83 loss per share (improved from CN¥1.27 loss in FY 2023). Revenue: CN¥645.1m (down 44% from FY 2023). Net loss: CN¥336.2m (loss narrowed 27% from FY 2023). Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has fallen by 26% per year, which means it is significantly lagging earnings.New Risk • Jan 16New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 41% This is considered a major 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 Risks Earnings have declined by 49% per year over the past 5 years. Shareholders have been substantially diluted in the past year (41% increase in shares outstanding).New Risk • Jan 12New 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 Risks Share price has been volatile over the past 3 months (11% average weekly change). Shareholders have been diluted in the past year (41% increase in shares outstanding).분석 기사 • Jan 06Risks Still Elevated At These Prices As Red phase INC. (SZSE:300427) Shares Dive 26%The Red phase INC. ( SZSE:300427 ) share price has softened a substantial 26% over the previous 30 days, handing back...공시 • Dec 31Red phase INC. to Report Fiscal Year 2024 Results on Apr 22, 2025Red phase INC. announced that they will report fiscal year 2024 results on Apr 22, 2025Reported Earnings • Oct 29Third quarter 2024 earnings released: CN¥0.15 loss per share (vs CN¥0.21 loss in 3Q 2023)Third quarter 2024 results: CN¥0.15 loss per share (improved from CN¥0.21 loss in 3Q 2023). Revenue: CN¥107.3m (down 58% from 3Q 2023). Net loss: CN¥60.8m (loss narrowed 21% from 3Q 2023). 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 14% per year, which means it is performing significantly worse than earnings.분석 기사 • Oct 09Red phase INC. (SZSE:300427) Stock Catapults 45% Though Its Price And Business Still Lag The IndustryRed phase INC. ( SZSE:300427 ) shareholders have had their patience rewarded with a 45% share price jump in the last...공시 • Sep 30Red phase INC. to Report Q3, 2024 Results on Oct 29, 2024Red phase INC. announced that they will report Q3, 2024 results on Oct 29, 2024공시 • Jul 30Red phase INC. Announces Board AppointmentsRed phase INC. announced that at the EGM held on 26 July 2024, approved the appointment of Tang Wenchun, non-independent director, Luo Yuan, non-independent director, Zuo Kegang, non-independent director, Huang Yue, independent director, Liu Yang, independent director.공시 • Jun 29Red phase INC. to Report First Half, 2024 Results on Aug 30, 2024Red phase INC. announced that they will report first half, 2024 results on Aug 30, 2024Reported Earnings • Apr 30First quarter 2024 earnings released: CN¥0.091 loss per share (vs CN¥0.12 profit in 1Q 2023)First quarter 2024 results: CN¥0.091 loss per share (down from CN¥0.12 profit in 1Q 2023). Revenue: CN¥65.0m (down 82% from 1Q 2023). Net loss: CN¥32.8m (down 177% from profit in 1Q 2023). Over the last 3 years on average, earnings per share has fallen by 27% per year whereas the company’s share price has fallen by 28% per year.공시 • Apr 30Red phase INC., Annual General Meeting, May 22, 2024Red phase INC., Annual General Meeting, May 22, 2024, at 15:00 China Standard Time. Location: The Company's Meeting Room, Xiamen, Fujian China공시 • Mar 30Red phase INC. to Report Q1, 2024 Results on Apr 26, 2024Red phase INC. announced that they will report Q1, 2024 results on Apr 26, 2024New Risk • Mar 03New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 6.6% 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 Risks Interest payments are not well covered by earnings (0.5x net interest cover). Share price has been highly volatile over the past 3 months (13% average weekly change). Earnings have declined by 46% per year over the past 5 years. Minor Risk Shareholders have been diluted in the past year (6.6% increase in shares outstanding).분석 기사 • Feb 27Investors Don't See Light At End Of Red phase INC.'s (SZSE:300427) Tunnel And Push Stock Down 31%To the annoyance of some shareholders, Red phase INC. ( SZSE:300427 ) shares are down a considerable 31% in the last...New Risk • Jan 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 7.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (0.5x net interest cover). Earnings have declined by 46% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (7.7% average weekly change).공시 • Dec 30Red phase INC. to Report Fiscal Year 2023 Results on Apr 26, 2024Red phase INC. announced that they will report fiscal year 2023 results on Apr 26, 2024Reported Earnings • Oct 27Third quarter 2023 earnings released: CN¥0.21 loss per share (vs CN¥0.022 profit in 3Q 2022)Third quarter 2023 results: CN¥0.21 loss per share (down from CN¥0.022 profit in 3Q 2022). Revenue: CN¥255.1m (down 43% from 3Q 2022). Net loss: CN¥76.9m (down CN¥85.1m from profit in 3Q 2022). Over the last 3 years on average, earnings per share has fallen by 39% per year whereas the company’s share price has fallen by 37% per year.공시 • Sep 30Red phase INC. to Report Q3, 2023 Results on Oct 27, 2023Red phase INC. announced that they will report Q3, 2023 results on Oct 27, 2023Reported Earnings • Aug 30Second quarter 2023 earnings released: CN¥0.037 loss per share (vs CN¥0.066 profit in 2Q 2022)Second quarter 2023 results: CN¥0.037 loss per share (down from CN¥0.066 profit in 2Q 2022). Revenue: CN¥329.7m (down 22% from 2Q 2022). Net loss: CN¥13.4m (down 157% from profit in 2Q 2022). Over the last 3 years on average, earnings per share has fallen by 56% per year but the company’s share price has only fallen by 38% per year, which means it has not declined as severely as earnings.공시 • May 06Red phase INC., Annual General Meeting, May 22, 2023Red phase INC., Annual General Meeting, May 22, 2023, at 14:30 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 the Company and subsidiaries' provision of guarantee for the comprehensive credit line applied for by other subsidiaries; to consider Shareholder return plan for the next three years from 2023 to 2025; and to consider other matters.Valuation Update With 7 Day Price Move • May 05Investor sentiment deteriorates as stock falls 20%After last week's 20% share price decline to CN¥9.32, the stock trades at a trailing P/E ratio of 40.9x. Average trailing P/E is 39x in the Electronic industry in China. Total loss to shareholders of 51% over the past three years.Reported Earnings • Apr 30First quarter 2023 earnings released: EPS: CN¥0.12 (vs CN¥0.071 in 1Q 2022)First quarter 2023 results: EPS: CN¥0.12 (up from CN¥0.071 in 1Q 2022). Revenue: CN¥368.9m (up 17% from 1Q 2022). Net income: CN¥42.4m (up 67% from 1Q 2022). Profit margin: 12% (up from 8.0% in 1Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 59 percentage points per year, which is a significant difference in performance.Valuation Update With 7 Day Price Move • Mar 16Investor sentiment deteriorates as stock falls 22%After last week's 22% share price decline to CN¥14.52, the stock trades at a trailing P/E ratio of 53.5x. Average trailing P/E is 38x in the Electronic industry in China. Total loss to shareholders of 13% over the past three years.Reported Earnings • Mar 01Full year 2022 earnings released: EPS: CN¥0.27 (vs CN¥1.77 loss in FY 2021)Full year 2022 results: EPS: CN¥0.27 (up from CN¥1.77 loss in FY 2021). Revenue: CN¥1.98b (up 42% from FY 2021). Net income: CN¥98.2m (up CN¥734.0m from FY 2021). Profit margin: 5.0% (up from net loss in FY 2021). The move to profitability was primarily driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 85 percentage points per year, which is a significant difference in performance.공시 • Feb 17Kangqi Assets Wuwei No. 2 Private Equity Securities Investment Fund, managed by Guangzhou Kangqi Asset Management Center (Limited Partnership) completed the acquisition of a 5.5% stake in Red phase INC. (SZSE:300427) from Wolong Electric Group Co.,Ltd. (SHSE:600580).Kangqi Assets Wuwei No. 2 Private Equity Securities Investment Fund, managed by Guangzhou Kangqi Asset Management Center (Limited Partnership) agreed to acquire 5.5% stake in Red phase INC. (SZSE:300427) from Wolong Electric Group Co.,Ltd. (SHSE:600580) for approximately CNY 340 million on February 1, 2023. Post completion, Wolong Electric Group Co.,Ltd. will hold 6.94% stake and Kangqi Assets Wuwei No. 2 will hold 5.5% stake in Red phase. Kangqi Assets Wuwei No. 2 Private Equity Securities Investment Fund, managed by Guangzhou Kangqi Asset Management Center (Limited Partnership) completed the acquisition of a 5.5% stake in Red phase INC. (SZSE:300427) from Wolong Electric Group Co.,Ltd. (SHSE:600580) on January 15, 2023.Board Change • Nov 16High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Independent Director Yifei Yang was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.Board Change • Nov 10High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Independent Director Yifei Yang was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.Reported Earnings • Oct 28Third quarter 2022 earnings released: EPS: CN¥0.076 (vs CN¥0.046 in 3Q 2021)Third quarter 2022 results: EPS: CN¥0.076 (up from CN¥0.046 in 3Q 2021). Revenue: CN¥586.6m (up 84% from 3Q 2021). Net income: CN¥27.5m (up 64% from 3Q 2021). Profit margin: 4.7% (down from 5.3% in 3Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 113 percentage points per year, which is a significant difference in performance.Reported Earnings • Aug 31Second quarter 2022 earnings released: EPS: CN¥0.066 (vs CN¥0.12 in 2Q 2021)Second quarter 2022 results: EPS: CN¥0.066 (down from CN¥0.12 in 2Q 2021). Revenue: CN¥420.9m (up 23% from 2Q 2021). Net income: CN¥23.6m (down 43% from 2Q 2021). Profit margin: 5.6% (down from 12% in 2Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 103 percentage points per year, which is a significant difference in performance.Reported Earnings • Apr 28First quarter 2022 earnings: EPS and revenues miss analyst expectationsFirst quarter 2022 results: EPS: CN¥0.071 (down from CN¥0.08 in 1Q 2021). Revenue: CN¥316.1m (up 15% from 1Q 2021). Net income: CN¥25.4m (down 12% from 1Q 2021). Profit margin: 8.0% (down from 11% in 1Q 2021). Revenue missed analyst estimates by 7.4%. Earnings per share (EPS) also missed analyst estimates by 24%. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 79 percentage points per year, which is a significant difference in performance.Reported Earnings • Feb 22Full year 2021 earnings: EPS and revenues miss analyst expectationsFull year 2021 results: CN¥1.73 loss per share (down from CN¥0.65 profit in FY 2020). Revenue: CN¥1.39b (down 8.3% from FY 2020). Net loss: CN¥624.2m (down 369% from profit in FY 2020). Revenue missed analyst estimates by 7.4%. Earnings per share (EPS) were also behind analyst expectations. Over the last 3 years on average, earnings per share has fallen by 57% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.Reported Earnings • Nov 01Third quarter 2021 earnings released: EPS CN¥0.046 (vs CN¥0.18 in 3Q 2020)The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: CN¥318.4m (down 7.0% from 3Q 2020). Net income: CN¥16.7m (down 75% from 3Q 2020). Profit margin: 5.3% (down from 19% in 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings.Reported Earnings • Aug 27Second quarter 2021 earnings released: EPS CN¥0.12 (vs CN¥0.22 in 2Q 2020)The company reported a poor second quarter result with weaker earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CN¥342.2m (down 10% from 2Q 2020). Net income: CN¥41.6m (down 47% from 2Q 2020). Profit margin: 12% (down from 21% in 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings.Valuation Update With 7 Day Price Move • Aug 10Investor sentiment improved over the past weekAfter last week's 25% share price gain to CN¥15.69, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 31x in the Electronic industry in China. Total returns to shareholders of 21% over the past three years.공시 • May 21Red Phase Announces Final Cash Dividend for the Year 2020, Payable on 26 May 2021Red phase announced a final cash dividend of CNY 1.29999900 per 10 A shares (tax included) for the year 2020. Record date is 25 May 2021, Ex-date is 26 May 2021 and Payment date is 26 May 2021.Reported Earnings • Apr 25Full year 2020 earnings released: EPS CN¥0.65 (vs CN¥0.66 in FY 2019)The company reported a soft full year result with weaker earnings and profit margins, although revenues improved. Full year 2020 results: Revenue: CN¥1.52b (up 13% from FY 2019). Net income: CN¥231.7m (down 1.3% from FY 2019). Profit margin: 15% (down from 18% in FY 2019). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.Valuation Update With 7 Day Price Move • Apr 13Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to CN¥12.04, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 25x in the Electronic industry in China. Total loss to shareholders of 17% over the past three years.공시 • Mar 10Red phase INC. to Report Fiscal Year 2020 Results on Apr 23, 2021Red phase INC. announced that they will report fiscal year 2020 results on Apr 23, 2021Reported Earnings • Mar 04Full year 2020 earnings released: EPS CN¥0.64 (vs CN¥0.66 in FY 2019)The company reported a soft full year result with weaker earnings and profit margins, although revenues improved. Full year 2020 results: Revenue: CN¥1.52b (up 13% from FY 2019). Net income: CN¥228.9m (down 2.5% from FY 2019). Profit margin: 15% (down from 18% in FY 2019). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.Analyst Estimate Surprise Post Earnings • Mar 04Revenue and earnings miss expectationsRevenue missed analyst estimates by 7.4%. Earnings per share (EPS) also missed analyst estimates by 26%. Over the next year, revenue is forecast to grow 44%, compared to a 31% growth forecast for the Electronic industry in China.Valuation Update With 7 Day Price Move • Feb 22Investor sentiment improved over the past weekAfter last week's 19% share price gain to CN¥17.27, the stock is trading at a trailing P/E ratio of 23.5x, up from the previous P/E ratio of 19.8x. This compares to an average P/E of 40x in the Electronic industry in China. Total returns to shareholders over the past three years are 28%.Is New 90 Day High Low • Feb 04New 90-day low: CN¥17.59The company is down 28% from its price of CN¥24.40 on 06 November 2020. The Chinese market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is down 4.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥3.81 per share.Valuation Update With 7 Day Price Move • Jan 29Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to CN¥19.15, the stock is trading at a trailing P/E ratio of 26.1x, down from the previous P/E ratio of 31x. This compares to an average P/E of 39x in the Electronic industry in China. Total returns to shareholders over the past three years are 55%.Valuation Update With 7 Day Price Move • Jan 11Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to CN¥21.92, the stock is trading at a trailing P/E ratio of 29.9x, down from the previous P/E ratio of 35.4x. This compares to an average P/E of 40x in the Electronic industry in China. Total returns to shareholders over the past three years are 57%.Is New 90 Day High Low • Dec 11New 90-day low: CN¥22.20The company is down 16% from its price of CN¥26.32 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. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥3.25 per share.Is New 90 Day High Low • Nov 17New 90-day low: CN¥22.62The company is down 30% from its price of CN¥32.51 on 19 August 2020. The Chinese market is down 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is down 2.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥2.85 per share.Is New 90 Day High Low • Nov 01New 90-day low: CN¥24.93The company is down 6.0% from its price of CN¥26.46 on 03 August 2020. The Chinese market is down 4.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is down 3.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥2.72 per share.Reported Earnings • Oct 28Third quarter earnings releasedOver the last 12 months the company has reported total profits of CN¥261.8m, up 1.4% from the prior year. Total revenue was CN¥1.42b over the last 12 months, up 2.6% from the prior year.공시 • Oct 20Red phase INC. to Report Q3, 2020 Results on Oct 28, 2020Red phase INC. announced that they will report Q3, 2020 results on Oct 28, 2020공시 • Aug 14Red phase INC. announced that it expects to receive CNY 550 million in fundingRed phase INC. (SZSE:300427) announced a private placement of common shares for gross proceeds of up to CNY 550,000,000 on August 13, 2020.공시 • Aug 11Red phase INC. to Report First Half, 2020 Results on Aug 27, 2020Red phase INC. announced that they will report first half, 2020 results on Aug 27, 2020매출 및 비용 세부 내역Red phase가 돈을 벌고 사용하는 방법. 최근 발표된 LTM 실적 기준.순이익 및 매출 추이SZSE:300427 매출, 비용 및 순이익 (CNY Millions)날짜매출순이익일반관리비연구개발비31 Mar 26740-306331 Dec 25738-180030 Sep 25678-2391664630 Jun 25593-3431674831 Mar 25684-3051815131 Dec 24635-3531965330 Sep 24772-4642535630 Jun 24920-4752786431 Mar 24892-5342926931 Dec 231,154-4592647530 Sep 231,122-482288230 Jun 231,454512278331 Mar 231,647822098701 Jan 231,619762438730 Sep 221,766-6222369130 Jun 221,498-6332329431 Mar 221,420-61522710001 Jan 221,378-61221810030 Sep 211,4149322211730 Jun 211,43814219411531 Mar 211,47717919510531 Dec 201,5162322089830 Sep 201,4212621987630 Jun 201,3772522166831 Mar 201,3452551996931 Dec 191,3402351986930 Sep 191,3862592346930 Jun 191,3402502086731 Mar 191,3712312266231 Dec 181,3112292196230 Sep 181,3812621656130 Jun 181,2362251636831 Mar 189611831385531 Dec 177441181274430 Sep 17456841142130 Jun 1739575119031 Mar 1741474123031 Dec 1641174120030 Sep 1637173115030 Jun 1635573105031 Mar 163197191031 Dec 153057183030 Sep 153036275030 Jun 1529460740양질의 수익: 300427 은(는) 현재 수익성이 없습니다.이익 마진 증가: 300427는 현재 수익성이 없습니다.잉여현금흐름 대비 순이익 분석과거 순이익 성장 분석수익추이: 300427은 수익성이 없으며 지난 5년 동안 손실이 연평균 6.5% 증가했습니다.성장 가속화: 현재 수익성이 없어 지난 1년간 300427의 수익 성장률을 5년 평균과 비교할 수 없습니다.수익 대 산업: 300427은 수익성이 없어 지난 해 수익 성장률을 Electronic 업계(9.4%)와 비교하기 어렵습니다.자기자본이익률높은 ROE: 300427는 현재 수익성이 없으므로 자본 수익률이 음수(-2.46%)입니다.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 08:35종가2026/05/22 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 소스Red phase INC.는 4명의 분석가가 다루고 있습니다. 이 중 0명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Liang HeHuatai ResearchXiaoning LiuSWS Research Co., Ltd.Tanghai QingTianfeng Securities Brokerage Co., Ltd1명의 분석가 더 보기
Reported Earnings • Apr 29First quarter 2026 earnings released: EPS: CN¥0.007 (vs CN¥0.03 in 1Q 2025)First quarter 2026 results: EPS: CN¥0.007 (down from CN¥0.03 in 1Q 2025). Revenue: CN¥115.4m (up 1.4% from 1Q 2025). Net income: CN¥3.55m (down 77% from 1Q 2025). Profit margin: 3.1% (down from 14% in 1Q 2025). Over the last 3 years on average, earnings per share has fallen by 3% per year whereas the company’s share price has fallen by 2% per year.
공시 • Mar 31Red phase INC. to Report Q1, 2026 Results on Apr 28, 2026Red phase INC. announced that they will report Q1, 2026 results on Apr 28, 2026
Reported Earnings • Mar 04Full year 2025 earnings released: CN¥0.04 loss per share (vs CN¥0.92 loss in FY 2024)Full year 2025 results: CN¥0.04 loss per share (improved from CN¥0.92 loss in FY 2024). Revenue: CN¥738.2m (up 16% from FY 2024). Net loss: CN¥17.9m (loss narrowed 95% from FY 2024). Over the last 3 years on average, earnings per share has fallen by 31% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings.
공시 • Dec 31Red phase INC. to Report Fiscal Year 2025 Results on Apr 28, 2026Red phase INC. announced that they will report fiscal year 2025 results on Apr 28, 2026
Reported Earnings • Oct 29Third quarter 2025 earnings released: EPS: CN¥0.085 (vs CN¥0.15 loss in 3Q 2024)Third quarter 2025 results: EPS: CN¥0.085 (up from CN¥0.15 loss in 3Q 2024). Revenue: CN¥191.5m (up 79% from 3Q 2024). Net income: CN¥43.2m (up CN¥104.0m from 3Q 2024). Profit margin: 23% (up from net loss in 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has fallen by 29% per year, which means it is performing significantly worse than earnings.
공시 • Sep 30Red phase INC. to Report Q3, 2025 Results on Oct 29, 2025Red phase INC. announced that they will report Q3, 2025 results on Oct 29, 2025
Reported Earnings • Apr 29First quarter 2026 earnings released: EPS: CN¥0.007 (vs CN¥0.03 in 1Q 2025)First quarter 2026 results: EPS: CN¥0.007 (down from CN¥0.03 in 1Q 2025). Revenue: CN¥115.4m (up 1.4% from 1Q 2025). Net income: CN¥3.55m (down 77% from 1Q 2025). Profit margin: 3.1% (down from 14% in 1Q 2025). Over the last 3 years on average, earnings per share has fallen by 3% per year whereas the company’s share price has fallen by 2% per year.
공시 • Apr 28Red phase INC., Annual General Meeting, May 20, 2026Red phase INC., Annual General Meeting, May 20, 2026, at 15:00 China Standard Time. Location: The Company's Meeting Room, Xiamen, Fujian China
공시 • Mar 31Red phase INC. to Report Q1, 2026 Results on Apr 28, 2026Red phase INC. announced that they will report Q1, 2026 results on Apr 28, 2026
Reported Earnings • Mar 04Full year 2025 earnings released: CN¥0.04 loss per share (vs CN¥0.92 loss in FY 2024)Full year 2025 results: CN¥0.04 loss per share (improved from CN¥0.92 loss in FY 2024). Revenue: CN¥738.2m (up 16% from FY 2024). Net loss: CN¥17.9m (loss narrowed 95% from FY 2024). Over the last 3 years on average, earnings per share has fallen by 31% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings.
공시 • Dec 31Red phase INC. to Report Fiscal Year 2025 Results on Apr 28, 2026Red phase INC. announced that they will report fiscal year 2025 results on Apr 28, 2026
New Risk • Nov 18New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 7.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: 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 (7.5% average weekly change).
Reported Earnings • Oct 29Third quarter 2025 earnings released: EPS: CN¥0.085 (vs CN¥0.15 loss in 3Q 2024)Third quarter 2025 results: EPS: CN¥0.085 (up from CN¥0.15 loss in 3Q 2024). Revenue: CN¥191.5m (up 79% from 3Q 2024). Net income: CN¥43.2m (up CN¥104.0m from 3Q 2024). Profit margin: 23% (up from net loss in 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has fallen by 29% per year, which means it is performing significantly worse than earnings.
공시 • Sep 30Red phase INC. to Report Q3, 2025 Results on Oct 29, 2025Red phase INC. announced that they will report Q3, 2025 results on Oct 29, 2025
공시 • Jul 02Red phase INC. to Report First Half, 2025 Results on Aug 28, 2025Red phase INC. announced that they will report first half, 2025 results on Aug 28, 2025
New Risk • Jun 06New major risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -CN¥95m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CN¥95m free cash flow). Earnings have declined by 41% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (8.6% average weekly change). Shareholders have been diluted in the past year (27% increase in shares outstanding).
New Risk • Jun 03New 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 8.3% 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 30% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (8.3% average weekly change). Shareholders have been diluted in the past year (27% increase in shares outstanding).
New Risk • May 05New major risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -CN¥95m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CN¥95m free cash flow). Earnings have declined by 41% per year over the past 5 years. Shareholders have been substantially diluted in the past year (32% increase in shares outstanding).
Reported Earnings • Apr 23Full year 2024 earnings released: CN¥0.92 loss per share (vs CN¥1.27 loss in FY 2023)Full year 2024 results: CN¥0.92 loss per share (improved from CN¥1.27 loss in FY 2023). Revenue: CN¥634.9m (down 45% from FY 2023). Net loss: CN¥353.1m (loss narrowed 23% from FY 2023). Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has fallen by 29% per year, which means it is significantly lagging earnings.
공시 • Apr 22Red phase INC., Annual General Meeting, May 14, 2025Red phase INC., Annual General Meeting, May 14, 2025, at 15:00 China Standard Time. Location: The Company's Meeting Room, Xiamen, Fujian China
New Risk • Apr 07New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 7.9% 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 Risks Earnings have declined by 35% per year over the past 5 years. Shareholders have been substantially diluted in the past year (32% increase in shares outstanding). Minor Risk Share price has been volatile over the past 3 months (7.9% average weekly change).
Valuation Update With 7 Day Price Move • Apr 07Investor sentiment deteriorates as stock falls 20%After last week's 20% share price decline to CN¥4.20, the stock trades at a trailing P/E ratio of 6.4x. Average trailing P/E is 48x in the Electronic industry in China. Total loss to shareholders of 70% over the past three years.
공시 • Mar 31Red phase INC. to Report Q1, 2025 Results on Apr 28, 2025Red phase INC. announced that they will report Q1, 2025 results on Apr 28, 2025
Reported Earnings • Mar 02Full year 2024 earnings released: CN¥0.83 loss per share (vs CN¥1.27 loss in FY 2023)Full year 2024 results: CN¥0.83 loss per share (improved from CN¥1.27 loss in FY 2023). Revenue: CN¥645.1m (down 44% from FY 2023). Net loss: CN¥336.2m (loss narrowed 27% from FY 2023). Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has fallen by 26% per year, which means it is significantly lagging earnings.
New Risk • Jan 16New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 41% This is considered a major 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 Risks Earnings have declined by 49% per year over the past 5 years. Shareholders have been substantially diluted in the past year (41% increase in shares outstanding).
New Risk • Jan 12New 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 Risks Share price has been volatile over the past 3 months (11% average weekly change). Shareholders have been diluted in the past year (41% increase in shares outstanding).
분석 기사 • Jan 06Risks Still Elevated At These Prices As Red phase INC. (SZSE:300427) Shares Dive 26%The Red phase INC. ( SZSE:300427 ) share price has softened a substantial 26% over the previous 30 days, handing back...
공시 • Dec 31Red phase INC. to Report Fiscal Year 2024 Results on Apr 22, 2025Red phase INC. announced that they will report fiscal year 2024 results on Apr 22, 2025
Reported Earnings • Oct 29Third quarter 2024 earnings released: CN¥0.15 loss per share (vs CN¥0.21 loss in 3Q 2023)Third quarter 2024 results: CN¥0.15 loss per share (improved from CN¥0.21 loss in 3Q 2023). Revenue: CN¥107.3m (down 58% from 3Q 2023). Net loss: CN¥60.8m (loss narrowed 21% from 3Q 2023). 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 14% per year, which means it is performing significantly worse than earnings.
분석 기사 • Oct 09Red phase INC. (SZSE:300427) Stock Catapults 45% Though Its Price And Business Still Lag The IndustryRed phase INC. ( SZSE:300427 ) shareholders have had their patience rewarded with a 45% share price jump in the last...
공시 • Sep 30Red phase INC. to Report Q3, 2024 Results on Oct 29, 2024Red phase INC. announced that they will report Q3, 2024 results on Oct 29, 2024
공시 • Jul 30Red phase INC. Announces Board AppointmentsRed phase INC. announced that at the EGM held on 26 July 2024, approved the appointment of Tang Wenchun, non-independent director, Luo Yuan, non-independent director, Zuo Kegang, non-independent director, Huang Yue, independent director, Liu Yang, independent director.
공시 • Jun 29Red phase INC. to Report First Half, 2024 Results on Aug 30, 2024Red phase INC. announced that they will report first half, 2024 results on Aug 30, 2024
Reported Earnings • Apr 30First quarter 2024 earnings released: CN¥0.091 loss per share (vs CN¥0.12 profit in 1Q 2023)First quarter 2024 results: CN¥0.091 loss per share (down from CN¥0.12 profit in 1Q 2023). Revenue: CN¥65.0m (down 82% from 1Q 2023). Net loss: CN¥32.8m (down 177% from profit in 1Q 2023). Over the last 3 years on average, earnings per share has fallen by 27% per year whereas the company’s share price has fallen by 28% per year.
공시 • Apr 30Red phase INC., Annual General Meeting, May 22, 2024Red phase INC., Annual General Meeting, May 22, 2024, at 15:00 China Standard Time. Location: The Company's Meeting Room, Xiamen, Fujian China
공시 • Mar 30Red phase INC. to Report Q1, 2024 Results on Apr 26, 2024Red phase INC. announced that they will report Q1, 2024 results on Apr 26, 2024
New Risk • Mar 03New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 6.6% 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 Risks Interest payments are not well covered by earnings (0.5x net interest cover). Share price has been highly volatile over the past 3 months (13% average weekly change). Earnings have declined by 46% per year over the past 5 years. Minor Risk Shareholders have been diluted in the past year (6.6% increase in shares outstanding).
분석 기사 • Feb 27Investors Don't See Light At End Of Red phase INC.'s (SZSE:300427) Tunnel And Push Stock Down 31%To the annoyance of some shareholders, Red phase INC. ( SZSE:300427 ) shares are down a considerable 31% in the last...
New Risk • Jan 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 7.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (0.5x net interest cover). Earnings have declined by 46% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (7.7% average weekly change).
공시 • Dec 30Red phase INC. to Report Fiscal Year 2023 Results on Apr 26, 2024Red phase INC. announced that they will report fiscal year 2023 results on Apr 26, 2024
Reported Earnings • Oct 27Third quarter 2023 earnings released: CN¥0.21 loss per share (vs CN¥0.022 profit in 3Q 2022)Third quarter 2023 results: CN¥0.21 loss per share (down from CN¥0.022 profit in 3Q 2022). Revenue: CN¥255.1m (down 43% from 3Q 2022). Net loss: CN¥76.9m (down CN¥85.1m from profit in 3Q 2022). Over the last 3 years on average, earnings per share has fallen by 39% per year whereas the company’s share price has fallen by 37% per year.
공시 • Sep 30Red phase INC. to Report Q3, 2023 Results on Oct 27, 2023Red phase INC. announced that they will report Q3, 2023 results on Oct 27, 2023
Reported Earnings • Aug 30Second quarter 2023 earnings released: CN¥0.037 loss per share (vs CN¥0.066 profit in 2Q 2022)Second quarter 2023 results: CN¥0.037 loss per share (down from CN¥0.066 profit in 2Q 2022). Revenue: CN¥329.7m (down 22% from 2Q 2022). Net loss: CN¥13.4m (down 157% from profit in 2Q 2022). Over the last 3 years on average, earnings per share has fallen by 56% per year but the company’s share price has only fallen by 38% per year, which means it has not declined as severely as earnings.
공시 • May 06Red phase INC., Annual General Meeting, May 22, 2023Red phase INC., Annual General Meeting, May 22, 2023, at 14:30 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 the Company and subsidiaries' provision of guarantee for the comprehensive credit line applied for by other subsidiaries; to consider Shareholder return plan for the next three years from 2023 to 2025; and to consider other matters.
Valuation Update With 7 Day Price Move • May 05Investor sentiment deteriorates as stock falls 20%After last week's 20% share price decline to CN¥9.32, the stock trades at a trailing P/E ratio of 40.9x. Average trailing P/E is 39x in the Electronic industry in China. Total loss to shareholders of 51% over the past three years.
Reported Earnings • Apr 30First quarter 2023 earnings released: EPS: CN¥0.12 (vs CN¥0.071 in 1Q 2022)First quarter 2023 results: EPS: CN¥0.12 (up from CN¥0.071 in 1Q 2022). Revenue: CN¥368.9m (up 17% from 1Q 2022). Net income: CN¥42.4m (up 67% from 1Q 2022). Profit margin: 12% (up from 8.0% in 1Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 59 percentage points per year, which is a significant difference in performance.
Valuation Update With 7 Day Price Move • Mar 16Investor sentiment deteriorates as stock falls 22%After last week's 22% share price decline to CN¥14.52, the stock trades at a trailing P/E ratio of 53.5x. Average trailing P/E is 38x in the Electronic industry in China. Total loss to shareholders of 13% over the past three years.
Reported Earnings • Mar 01Full year 2022 earnings released: EPS: CN¥0.27 (vs CN¥1.77 loss in FY 2021)Full year 2022 results: EPS: CN¥0.27 (up from CN¥1.77 loss in FY 2021). Revenue: CN¥1.98b (up 42% from FY 2021). Net income: CN¥98.2m (up CN¥734.0m from FY 2021). Profit margin: 5.0% (up from net loss in FY 2021). The move to profitability was primarily driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 85 percentage points per year, which is a significant difference in performance.
공시 • Feb 17Kangqi Assets Wuwei No. 2 Private Equity Securities Investment Fund, managed by Guangzhou Kangqi Asset Management Center (Limited Partnership) completed the acquisition of a 5.5% stake in Red phase INC. (SZSE:300427) from Wolong Electric Group Co.,Ltd. (SHSE:600580).Kangqi Assets Wuwei No. 2 Private Equity Securities Investment Fund, managed by Guangzhou Kangqi Asset Management Center (Limited Partnership) agreed to acquire 5.5% stake in Red phase INC. (SZSE:300427) from Wolong Electric Group Co.,Ltd. (SHSE:600580) for approximately CNY 340 million on February 1, 2023. Post completion, Wolong Electric Group Co.,Ltd. will hold 6.94% stake and Kangqi Assets Wuwei No. 2 will hold 5.5% stake in Red phase. Kangqi Assets Wuwei No. 2 Private Equity Securities Investment Fund, managed by Guangzhou Kangqi Asset Management Center (Limited Partnership) completed the acquisition of a 5.5% stake in Red phase INC. (SZSE:300427) from Wolong Electric Group Co.,Ltd. (SHSE:600580) on January 15, 2023.
Board Change • Nov 16High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Independent Director Yifei Yang was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
Board Change • Nov 10High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Independent Director Yifei Yang was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
Reported Earnings • Oct 28Third quarter 2022 earnings released: EPS: CN¥0.076 (vs CN¥0.046 in 3Q 2021)Third quarter 2022 results: EPS: CN¥0.076 (up from CN¥0.046 in 3Q 2021). Revenue: CN¥586.6m (up 84% from 3Q 2021). Net income: CN¥27.5m (up 64% from 3Q 2021). Profit margin: 4.7% (down from 5.3% in 3Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 113 percentage points per year, which is a significant difference in performance.
Reported Earnings • Aug 31Second quarter 2022 earnings released: EPS: CN¥0.066 (vs CN¥0.12 in 2Q 2021)Second quarter 2022 results: EPS: CN¥0.066 (down from CN¥0.12 in 2Q 2021). Revenue: CN¥420.9m (up 23% from 2Q 2021). Net income: CN¥23.6m (down 43% from 2Q 2021). Profit margin: 5.6% (down from 12% in 2Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 103 percentage points per year, which is a significant difference in performance.
Reported Earnings • Apr 28First quarter 2022 earnings: EPS and revenues miss analyst expectationsFirst quarter 2022 results: EPS: CN¥0.071 (down from CN¥0.08 in 1Q 2021). Revenue: CN¥316.1m (up 15% from 1Q 2021). Net income: CN¥25.4m (down 12% from 1Q 2021). Profit margin: 8.0% (down from 11% in 1Q 2021). Revenue missed analyst estimates by 7.4%. Earnings per share (EPS) also missed analyst estimates by 24%. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 79 percentage points per year, which is a significant difference in performance.
Reported Earnings • Feb 22Full year 2021 earnings: EPS and revenues miss analyst expectationsFull year 2021 results: CN¥1.73 loss per share (down from CN¥0.65 profit in FY 2020). Revenue: CN¥1.39b (down 8.3% from FY 2020). Net loss: CN¥624.2m (down 369% from profit in FY 2020). Revenue missed analyst estimates by 7.4%. Earnings per share (EPS) were also behind analyst expectations. Over the last 3 years on average, earnings per share has fallen by 57% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.
Reported Earnings • Nov 01Third quarter 2021 earnings released: EPS CN¥0.046 (vs CN¥0.18 in 3Q 2020)The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: CN¥318.4m (down 7.0% from 3Q 2020). Net income: CN¥16.7m (down 75% from 3Q 2020). Profit margin: 5.3% (down from 19% in 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings.
Reported Earnings • Aug 27Second quarter 2021 earnings released: EPS CN¥0.12 (vs CN¥0.22 in 2Q 2020)The company reported a poor second quarter result with weaker earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CN¥342.2m (down 10% from 2Q 2020). Net income: CN¥41.6m (down 47% from 2Q 2020). Profit margin: 12% (down from 21% in 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings.
Valuation Update With 7 Day Price Move • Aug 10Investor sentiment improved over the past weekAfter last week's 25% share price gain to CN¥15.69, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 31x in the Electronic industry in China. Total returns to shareholders of 21% over the past three years.
공시 • May 21Red Phase Announces Final Cash Dividend for the Year 2020, Payable on 26 May 2021Red phase announced a final cash dividend of CNY 1.29999900 per 10 A shares (tax included) for the year 2020. Record date is 25 May 2021, Ex-date is 26 May 2021 and Payment date is 26 May 2021.
Reported Earnings • Apr 25Full year 2020 earnings released: EPS CN¥0.65 (vs CN¥0.66 in FY 2019)The company reported a soft full year result with weaker earnings and profit margins, although revenues improved. Full year 2020 results: Revenue: CN¥1.52b (up 13% from FY 2019). Net income: CN¥231.7m (down 1.3% from FY 2019). Profit margin: 15% (down from 18% in FY 2019). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.
Valuation Update With 7 Day Price Move • Apr 13Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to CN¥12.04, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 25x in the Electronic industry in China. Total loss to shareholders of 17% over the past three years.
공시 • Mar 10Red phase INC. to Report Fiscal Year 2020 Results on Apr 23, 2021Red phase INC. announced that they will report fiscal year 2020 results on Apr 23, 2021
Reported Earnings • Mar 04Full year 2020 earnings released: EPS CN¥0.64 (vs CN¥0.66 in FY 2019)The company reported a soft full year result with weaker earnings and profit margins, although revenues improved. Full year 2020 results: Revenue: CN¥1.52b (up 13% from FY 2019). Net income: CN¥228.9m (down 2.5% from FY 2019). Profit margin: 15% (down from 18% in FY 2019). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.
Analyst Estimate Surprise Post Earnings • Mar 04Revenue and earnings miss expectationsRevenue missed analyst estimates by 7.4%. Earnings per share (EPS) also missed analyst estimates by 26%. Over the next year, revenue is forecast to grow 44%, compared to a 31% growth forecast for the Electronic industry in China.
Valuation Update With 7 Day Price Move • Feb 22Investor sentiment improved over the past weekAfter last week's 19% share price gain to CN¥17.27, the stock is trading at a trailing P/E ratio of 23.5x, up from the previous P/E ratio of 19.8x. This compares to an average P/E of 40x in the Electronic industry in China. Total returns to shareholders over the past three years are 28%.
Is New 90 Day High Low • Feb 04New 90-day low: CN¥17.59The company is down 28% from its price of CN¥24.40 on 06 November 2020. The Chinese market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is down 4.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥3.81 per share.
Valuation Update With 7 Day Price Move • Jan 29Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to CN¥19.15, the stock is trading at a trailing P/E ratio of 26.1x, down from the previous P/E ratio of 31x. This compares to an average P/E of 39x in the Electronic industry in China. Total returns to shareholders over the past three years are 55%.
Valuation Update With 7 Day Price Move • Jan 11Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to CN¥21.92, the stock is trading at a trailing P/E ratio of 29.9x, down from the previous P/E ratio of 35.4x. This compares to an average P/E of 40x in the Electronic industry in China. Total returns to shareholders over the past three years are 57%.
Is New 90 Day High Low • Dec 11New 90-day low: CN¥22.20The company is down 16% from its price of CN¥26.32 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. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥3.25 per share.
Is New 90 Day High Low • Nov 17New 90-day low: CN¥22.62The company is down 30% from its price of CN¥32.51 on 19 August 2020. The Chinese market is down 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is down 2.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥2.85 per share.
Is New 90 Day High Low • Nov 01New 90-day low: CN¥24.93The company is down 6.0% from its price of CN¥26.46 on 03 August 2020. The Chinese market is down 4.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is down 3.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥2.72 per share.
Reported Earnings • Oct 28Third quarter earnings releasedOver the last 12 months the company has reported total profits of CN¥261.8m, up 1.4% from the prior year. Total revenue was CN¥1.42b over the last 12 months, up 2.6% from the prior year.
공시 • Oct 20Red phase INC. to Report Q3, 2020 Results on Oct 28, 2020Red phase INC. announced that they will report Q3, 2020 results on Oct 28, 2020
공시 • Aug 14Red phase INC. announced that it expects to receive CNY 550 million in fundingRed phase INC. (SZSE:300427) announced a private placement of common shares for gross proceeds of up to CNY 550,000,000 on August 13, 2020.
공시 • Aug 11Red phase INC. to Report First Half, 2020 Results on Aug 27, 2020Red phase INC. announced that they will report first half, 2020 results on Aug 27, 2020