View Financial HealthShenzhen AV-Display 배당 및 자사주 매입배당 기준 점검 1/6Shenzhen AV-Display 수익으로 충분히 충당되는 현재 수익률 0.29% 보유한 배당금 지급 회사입니다.핵심 정보0.3%배당 수익률-0.4%자사주 매입 수익률총 주주 수익률-0.06%미래 배당 수익률n/a배당 성장률2.8%다음 배당 지급일n/a배당락일n/a주당 배당금n/a배당 성향32%최근 배당 및 자사주 매입 업데이트Declared Dividend • May 14Dividend reduced to CN¥0.20Dividend of CN¥0.20 is 50% lower than last year. Ex-date: 19th May 2026 Payment date: 19th May 2026 Dividend yield will be 0.4%, which is lower than the industry average of 1.8%. Sustainability & Growth Dividend is covered by earnings (32% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has decreased over the past 56 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to decline by 65% to shift the payout ratio to a potentially unsustainable range, which is more than the 6.3% EPS decline seen over the last 5 years.Declared Dividend • May 25Dividend of CN¥0.40 announcedDividend of CN¥0.40 is the same as last year. Ex-date: 29th May 2025 Payment date: 29th May 2025 Dividend yield will be 1.4%, which is lower than the industry average of 1.8%. Sustainability & Growth Dividend is covered by both earnings (56% earnings payout ratio) and cash flows (86% cash payout ratio). The dividend has increased by an average of 4.7% per year over the past 4 years and payments have been stable during that time. The company's earnings per share (EPS) would need to decline by 38% to shift the payout ratio to a potentially unsustainable range, which is more than the 5.5% EPS decline seen over the last 5 years.분석 기사 • May 21Shenzhen AV-Display (SZSE:300939) Has Announced A Dividend Of CN¥0.40Shenzhen AV-Display Co., Ltd.'s ( SZSE:300939 ) investors are due to receive a payment of CN¥0.40 per share on 22nd of...Declared Dividend • May 17Dividend of CN¥0.40 announcedDividend of CN¥0.40 is the same as last year. Ex-date: 22nd May 2024 Payment date: 22nd May 2024 Dividend yield will be 1.4%, which is lower than the industry average of 1.8%. Sustainability & Growth Dividend is covered by both earnings (42% earnings payout ratio) and cash flows (65% cash payout ratio). The dividend has increased by an average of 6.3% per year over the past 3 years and payments have been stable during that time. Earnings per share has grown by 3.8% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.공시 • May 16Shenzhen Av-Display Co., Ltd. Implements 2023 Final Profit Distribution Plan of A Shares, Payable on 22 May 2024Shenzhen AV-Display Co., Ltd. announced 2023 final profit distribution plan to be implemented (A shares): Cash dividend/10 shares (tax included): CNY 4.00000000. Record date: 21 May 2024, Ex-date: 22 May 2024, Payment date: 22 May 2024.공시 • Jan 29Shenzhen AV-Display Co., Ltd. (SZSE:300939) announces an Equity Buyback for CNY 50 million worth of its shares.Shenzhen AV-Display Co., Ltd. (SZSE:300939) announces a share repurchase program. Under the program, the company will repurchase up to CNY 50 million worth of its shares. The shares will be repurchased at a price not more than CNY 51.52 per share. The shares repurchased will be used to implement employee stock ownership plans or equity incentives. The program will be valid for 12 months.모든 업데이트 보기Recent updatesDeclared Dividend • May 14Dividend reduced to CN¥0.20Dividend of CN¥0.20 is 50% lower than last year. Ex-date: 19th May 2026 Payment date: 19th May 2026 Dividend yield will be 0.4%, which is lower than the industry average of 1.8%. Sustainability & Growth Dividend is covered by earnings (32% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has decreased over the past 56 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to decline by 65% to shift the payout ratio to a potentially unsustainable range, which is more than the 6.3% EPS decline seen over the last 5 years.Valuation Update With 7 Day Price Move • May 11Investor sentiment improves as stock rises 19%After last week's 19% share price gain to CN¥45.81, the stock trades at a trailing P/E ratio of 73.6x. Average trailing P/E is 73x in the Electronic industry in China. Total returns to shareholders of 57% over the past three years.New Risk • May 04New 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 7.0% per year over the past 5 years. High level of non-cash earnings (32% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (7.9% average weekly change).Reported Earnings • Apr 27First quarter 2026 earnings released: EPS: CN¥0.12 (vs CN¥0.16 in 1Q 2025)First quarter 2026 results: EPS: CN¥0.12 (down from CN¥0.16 in 1Q 2025). Revenue: CN¥293.9m (up 9.8% from 1Q 2025). Net income: CN¥14.5m (down 26% from 1Q 2025). Profit margin: 4.9% (down from 7.3% in 1Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings.공시 • Apr 20Shenzhen AV-Display Co., Ltd., Annual General Meeting, May 08, 2026Shenzhen AV-Display Co., Ltd., Annual General Meeting, May 08, 2026, at 14:30 China Standard Time. Location: The Company's Meeting Room, Shenzhen, Guangdong China공시 • Mar 31Shenzhen AV-Display Co., Ltd. to Report Q1, 2026 Results on Apr 25, 2026Shenzhen AV-Display Co., Ltd. announced that they will report Q1, 2026 results on Apr 25, 2026Valuation Update With 7 Day Price Move • Mar 25Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CN¥46.51, the stock trades at a trailing P/E ratio of 68.7x. Average trailing P/E is 56x in the Electronic industry in China. Total returns to shareholders of 39% over the past three years.Valuation Update With 7 Day Price Move • Mar 10Investor sentiment improves as stock rises 15%After last week's 15% share price gain to CN¥38.58, the stock trades at a trailing P/E ratio of 57x. Average trailing P/E is 59x in the Electronic industry in China. Total returns to shareholders of 30% over the past three years.공시 • Dec 31Shenzhen AV-Display Co., Ltd. to Report Fiscal Year 2025 Results on Apr 18, 2026Shenzhen AV-Display Co., Ltd. announced that they will report fiscal year 2025 results on Apr 18, 2026New Risk • Oct 29New major risk - Revenue and earnings growthEarnings have declined by 0.8% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 0.8% per year over the past 5 years. Minor Risk Dividend is not well covered by cash flows (dividend per share is over 5x cash flows per share).Reported Earnings • Oct 29Third quarter 2025 earnings released: EPS: CN¥0.11 (vs CN¥0.15 in 3Q 2024)Third quarter 2025 results: EPS: CN¥0.11 (down from CN¥0.15 in 3Q 2024). Revenue: CN¥344.3m (up 19% from 3Q 2024). Net income: CN¥12.5m (down 33% from 3Q 2024). Profit margin: 3.6% (down from 6.5% in 3Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.공시 • Sep 30Shenzhen AV-Display Co., Ltd. to Report Q3, 2025 Results on Oct 29, 2025Shenzhen AV-Display Co., Ltd. announced that they will report Q3, 2025 results on Oct 29, 2025Valuation Update With 7 Day Price Move • Aug 28Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CN¥40.00, the stock trades at a trailing P/E ratio of 54.2x. Average trailing P/E is 62x in the Electronic industry in China. Total returns to shareholders of 21% over the past three years.Reported Earnings • Aug 22Second quarter 2025 earnings released: EPS: CN¥0.27 (vs CN¥0.26 in 2Q 2024)Second quarter 2025 results: EPS: CN¥0.27 (up from CN¥0.26 in 2Q 2024). Revenue: CN¥362.8m (up 23% from 2Q 2024). Net income: CN¥31.8m (up 4.8% from 2Q 2024). Profit margin: 8.8% (down from 10% in 2Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 23% 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 • Jul 02Shenzhen AV-Display Co., Ltd. to Report First Half, 2025 Results on Aug 21, 2025Shenzhen AV-Display Co., Ltd. announced that they will report first half, 2025 results on Aug 21, 2025Declared Dividend • May 25Dividend of CN¥0.40 announcedDividend of CN¥0.40 is the same as last year. Ex-date: 29th May 2025 Payment date: 29th May 2025 Dividend yield will be 1.4%, which is lower than the industry average of 1.8%. Sustainability & Growth Dividend is covered by both earnings (56% earnings payout ratio) and cash flows (86% cash payout ratio). The dividend has increased by an average of 4.7% per year over the past 4 years and payments have been stable during that time. The company's earnings per share (EPS) would need to decline by 38% to shift the payout ratio to a potentially unsustainable range, which is more than the 5.5% EPS decline seen over the last 5 years.New Risk • May 01New minor risk - Dividend sustainabilityThe dividend is not well covered by cash flows. Cash payout ratio: 169% Dividend yield: 1.4% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by cash flows (169% cash payout ratio). Profit margins are more than 30% lower than last year (8.4% net profit margin).Reported Earnings • Apr 28First quarter 2025 earnings released: EPS: CN¥0.16 (vs CN¥0.20 in 1Q 2024)First quarter 2025 results: EPS: CN¥0.16 (down from CN¥0.20 in 1Q 2024). Revenue: CN¥267.7m (up 19% from 1Q 2024). Net income: CN¥19.5m (down 19% from 1Q 2024). Profit margin: 7.3% (down from 11% in 1Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.공시 • Apr 26Shenzhen AV-Display Co., Ltd., Annual General Meeting, May 16, 2025Shenzhen AV-Display Co., Ltd., Annual General Meeting, May 16, 2025, at 14:30 China Standard Time. Location: The Company's Meeting Room, Shenzhen, Guangdong ChinaValuation Update With 7 Day Price Move • Apr 07Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to CN¥24.09, the stock trades at a trailing P/E ratio of 29.2x. Average trailing P/E is 48x in the Electronic industry in China. Total loss to shareholders of 8.4% over the past three years.공시 • Mar 31Shenzhen AV-Display Co., Ltd. to Report Q1, 2025 Results on Apr 26, 2025Shenzhen AV-Display Co., Ltd. announced that they will report Q1, 2025 results on Apr 26, 2025Valuation Update With 7 Day Price Move • Jan 03Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to CN¥29.57, the stock trades at a trailing P/E ratio of 35.8x. Average trailing P/E is 44x in the Electronic industry in China. Total loss to shareholders of 23% over the past three years.분석 기사 • Dec 31Shenzhen AV-Display (SZSE:300939) Will Be Hoping To Turn Its Returns On Capital AroundIf we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...공시 • Dec 31Shenzhen AV-Display Co., Ltd. to Report Fiscal Year 2024 Results on Apr 26, 2025Shenzhen AV-Display Co., Ltd. announced that they will report fiscal year 2024 results on Apr 26, 2025분석 기사 • Nov 04Shenzhen AV-Display's (SZSE:300939) Shareholders Have More To Worry About Than Only Soft EarningsThe market wasn't impressed with the soft earnings from Shenzhen AV-Display Co., Ltd. ( SZSE:300939 ) recently. We did...Reported Earnings • Oct 28Third quarter 2024 earnings released: EPS: CN¥0.15 (vs CN¥0.23 in 3Q 2023)Third quarter 2024 results: EPS: CN¥0.15 (down from CN¥0.23 in 3Q 2023). Revenue: CN¥288.5m (up 20% from 3Q 2023). Net income: CN¥18.7m (down 33% from 3Q 2023). Profit margin: 6.5% (down from 12% in 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 5% per year whereas the company’s share price has remained flat.분석 기사 • Oct 09Subdued Growth No Barrier To Shenzhen AV-Display Co., Ltd. (SZSE:300939) With Shares Advancing 39%Shenzhen AV-Display Co., Ltd. ( SZSE:300939 ) shareholders would be excited to see that the share price has had a great...공시 • Sep 30Shenzhen AV-Display Co., Ltd. to Report Q3, 2024 Results on Oct 28, 2024Shenzhen AV-Display Co., Ltd. announced that they will report Q3, 2024 results on Oct 28, 2024Valuation Update With 7 Day Price Move • Sep 30Investor sentiment improves as stock rises 31%After last week's 31% share price gain to CN¥31.81, the stock trades at a trailing P/E ratio of 35.1x. Average trailing P/E is 38x in the Electronic industry in China. Total returns to shareholders of 1.9% over the past three years.분석 기사 • Sep 27Some Investors May Be Worried About Shenzhen AV-Display's (SZSE:300939) Returns On CapitalThere are a few key trends to look for if we want to identify the next multi-bagger. Typically, we'll want to notice a...Reported Earnings • Aug 28Second quarter 2024 earnings released: EPS: CN¥0.26 (vs CN¥0.32 in 2Q 2023)Second quarter 2024 results: EPS: CN¥0.26 (down from CN¥0.32 in 2Q 2023). Revenue: CN¥295.3m (up 13% from 2Q 2023). Net income: CN¥30.3m (down 19% from 2Q 2023). Profit margin: 10% (down from 14% in 2Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings.New Risk • Jul 26New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 7.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (7.2% average weekly change).공시 • Jun 29Shenzhen AV-Display Co., Ltd. to Report First Half, 2024 Results on Aug 28, 2024Shenzhen AV-Display Co., Ltd. announced that they will report first half, 2024 results on Aug 28, 2024분석 기사 • Jun 17Shenzhen AV-Display Co., Ltd.'s (SZSE:300939) Shares May Have Run Too Fast Too SoonIt's not a stretch to say that Shenzhen AV-Display Co., Ltd.'s ( SZSE:300939 ) price-to-earnings (or "P/E") ratio of...분석 기사 • May 21Shenzhen AV-Display (SZSE:300939) Has Announced A Dividend Of CN¥0.40Shenzhen AV-Display Co., Ltd.'s ( SZSE:300939 ) investors are due to receive a payment of CN¥0.40 per share on 22nd of...Declared Dividend • May 17Dividend of CN¥0.40 announcedDividend of CN¥0.40 is the same as last year. Ex-date: 22nd May 2024 Payment date: 22nd May 2024 Dividend yield will be 1.4%, which is lower than the industry average of 1.8%. Sustainability & Growth Dividend is covered by both earnings (42% earnings payout ratio) and cash flows (65% cash payout ratio). The dividend has increased by an average of 6.3% per year over the past 3 years and payments have been stable during that time. Earnings per share has grown by 3.8% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.공시 • May 16Shenzhen Av-Display Co., Ltd. Implements 2023 Final Profit Distribution Plan of A Shares, Payable on 22 May 2024Shenzhen AV-Display Co., Ltd. announced 2023 final profit distribution plan to be implemented (A shares): Cash dividend/10 shares (tax included): CNY 4.00000000. Record date: 21 May 2024, Ex-date: 22 May 2024, Payment date: 22 May 2024.분석 기사 • May 01Shenzhen AV-Display's (SZSE:300939) Problems Go Beyond Weak ProfitA lackluster earnings announcement from Shenzhen AV-Display Co., Ltd. ( SZSE:300939 ) last week didn't sink the stock...공시 • Apr 21Shenzhen AV-Display Co., Ltd., Annual General Meeting, May 10, 2024Shenzhen AV-Display Co., Ltd., Annual General Meeting, May 10, 2024, at 14:00 China Standard Time. Location: The Company's Meeting Room, Shenzhen, Guangdong ChinaReported Earnings • Apr 20First quarter 2024 earnings released: EPS: CN¥0.20 (vs CN¥0.26 in 1Q 2023)First quarter 2024 results: EPS: CN¥0.20 (down from CN¥0.26 in 1Q 2023). Revenue: CN¥224.2m (down 7.5% from 1Q 2023). Net income: CN¥24.1m (down 24% from 1Q 2023). Profit margin: 11% (down from 13% in 1Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings.Valuation Update With 7 Day Price Move • Apr 16Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to CN¥24.18, the stock trades at a trailing P/E ratio of 23.3x. Average trailing P/E is 37x in the Electronic industry in China. Total loss to shareholders of 45% over the past three years.Board Change • Apr 01High number of new and inexperienced directorsThere are 6 new directors who have joined the board in the last 3 years. The company's board is composed of: 6 new directors. 5 experienced directors. No highly experienced directors. Director Tiehua Wang is the most experienced director on the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.공시 • Mar 30Shenzhen AV-Display Co., Ltd. to Report Q1, 2024 Results on Apr 20, 2024Shenzhen AV-Display Co., Ltd. announced that they will report Q1, 2024 results on Apr 20, 2024공시 • Mar 22Shenzhen Av-Display Co., Ltd. Approves Board AppointmentsShenzhen AV-Display Co., Ltd. at its first extraordinary general meeting of 2024 held on 18 March 2024, the shareholders approved election of Chai Guangyue and Yang Yibin as independent directors; Chen Wenjian and Jian Tingxian as non-independent directors and Zheng Rong and Li Jianfeng as non-employee supervisors.Board Change • Mar 20Less than half of directors are independentFollowing the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 3 non-independent directors. Independent Director Pingping Song was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Valuation Update With 7 Day Price Move • Mar 20Investor sentiment improves as stock rises 22%After last week's 22% share price gain to CN¥36.12, the stock trades at a trailing P/E ratio of 34.9x. Average trailing P/E is 40x in the Electronic industry in China. Total loss to shareholders of 20% over the past three years.분석 기사 • Feb 28Shenzhen AV-Display Co., Ltd.'s (SZSE:300939) Popularity With Investors Is Under Threat From OverpricingWith a median price-to-earnings (or "P/E") ratio of close to 31x in China, you could be forgiven for feeling...Valuation Update With 7 Day Price Move • Feb 23Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CN¥27.85, the stock trades at a trailing P/E ratio of 26.9x. Average trailing P/E is 35x in the Electronic industry in China. Total loss to shareholders of 36% over the past three years.Valuation Update With 7 Day Price Move • Feb 02Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to CN¥24.04, the stock trades at a trailing P/E ratio of 23.2x. Average trailing P/E is 34x in the Electronic industry in China. Total loss to shareholders of 51% over the past three years.공시 • Jan 29Shenzhen AV-Display Co., Ltd. (SZSE:300939) announces an Equity Buyback for CNY 50 million worth of its shares.Shenzhen AV-Display Co., Ltd. (SZSE:300939) announces a share repurchase program. Under the program, the company will repurchase up to CNY 50 million worth of its shares. The shares will be repurchased at a price not more than CNY 51.52 per share. The shares repurchased will be used to implement employee stock ownership plans or equity incentives. The program will be valid for 12 months.공시 • Dec 29Shenzhen AV-Display Co., Ltd. to Report Fiscal Year 2023 Results on Apr 20, 2024Shenzhen AV-Display Co., Ltd. announced that they will report fiscal year 2023 results on Apr 20, 2024Valuation Update With 7 Day Price Move • Nov 28Investor sentiment improves as stock rises 15%After last week's 15% share price gain to CN¥42.45, the stock trades at a trailing P/E ratio of 41x. Average trailing P/E is 46x in the Electronic industry in China. Total returns to shareholders of 44% over the past year.Reported Earnings • Oct 27Third quarter 2023 earnings released: EPS: CN¥0.23 (vs CN¥0.48 in 3Q 2022)Third quarter 2023 results: EPS: CN¥0.23 (down from CN¥0.48 in 3Q 2022). Revenue: CN¥239.7m (down 17% from 3Q 2022). Net income: CN¥28.1m (down 52% from 3Q 2022). Profit margin: 12% (down from 20% in 3Q 2022). The decrease in margin was driven by lower revenue.Valuation Update With 7 Day Price Move • Oct 23Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to CN¥31.87, the stock trades at a trailing P/E ratio of 24.7x. Average trailing P/E is 41x in the Electronic industry in China. Negligible returns to shareholders over past year.공시 • Sep 30Shenzhen AV-Display Co., Ltd. to Report Q3, 2023 Results on Oct 27, 2023Shenzhen AV-Display Co., Ltd. announced that they will report Q3, 2023 results on Oct 27, 2023Reported Earnings • Aug 30Second quarter 2023 earnings released: EPS: CN¥0.32 (vs CN¥0.40 in 2Q 2022)Second quarter 2023 results: EPS: CN¥0.32 (down from CN¥0.40 in 2Q 2022). Revenue: CN¥260.7m (down 16% from 2Q 2022). Net income: CN¥37.6m (down 21% from 2Q 2022). Profit margin: 14% (in line with 2Q 2022).New Risk • Jul 11New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Chinese stocks, typically moving 9.2% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (9.2% average weekly change). High level of non-cash earnings (38% accrual ratio). Minor Risk Dividend is not well covered by cash flows (114% cash payout ratio).Valuation Update With 7 Day Price Move • Jul 10Investor sentiment improves as stock rises 23%After last week's 23% share price gain to CN¥44.31, the stock trades at a trailing P/E ratio of 32.2x. Average trailing P/E is 47x in the Electronic industry in China. Total returns to shareholders of 30% over the past year.Reported Earnings • Apr 24Full year 2022 earnings released: EPS: CN¥1.33 (vs CN¥0.93 in FY 2021)Full year 2022 results: EPS: CN¥1.33 (up from CN¥0.93 in FY 2021). Revenue: CN¥1.10b (flat on FY 2021). Net income: CN¥159.2m (up 45% from FY 2021). Profit margin: 14% (up from 9.9% in FY 2021).Reported Earnings • Oct 28Third quarter 2022 earnings released: EPS: CN¥0.48 (vs CN¥0.37 in 3Q 2021)Third quarter 2022 results: EPS: CN¥0.48 (up from CN¥0.37 in 3Q 2021). Revenue: CN¥289.5m (down 6.0% from 3Q 2021). Net income: CN¥58.7m (up 33% from 3Q 2021). Profit margin: 20% (up from 14% in 3Q 2021). The increase in margin was driven by lower expenses.Valuation Update With 7 Day Price Move • Oct 17Investor sentiment improved over the past weekAfter last week's 15% share price gain to CN¥32.69, the stock trades at a trailing P/E ratio of 26.8x. Average trailing P/E is 32x in the Electronic industry in China. Total returns to shareholders of 2.9% over the past year.Reported Earnings • Aug 21Second quarter 2022 earnings released: EPS: CN¥0.40 (vs CN¥0.22 in 2Q 2021)Second quarter 2022 results: EPS: CN¥0.40 (up from CN¥0.22 in 2Q 2021). Revenue: CN¥311.7m (up 10% from 2Q 2021). Net income: CN¥47.7m (up 81% from 2Q 2021). Profit margin: 15% (up from 9.3% in 2Q 2021). The increase in margin was driven by higher revenue.Valuation Update With 7 Day Price Move • Aug 09Investor sentiment improved over the past weekAfter last week's 18% share price gain to CN¥40.16, the stock trades at a trailing P/E ratio of 38.5x. Average trailing P/E is 38x in the Electronic industry in China. Total returns to shareholders of 19% over the past year.Valuation Update With 7 Day Price Move • Jun 28Investor sentiment improved over the past weekAfter last week's 17% share price gain to CN¥33.25, the stock trades at a trailing P/E ratio of 31.9x. Average trailing P/E is 35x in the Electronic industry in China. Total loss to shareholders of 9.1% over the past year.공시 • May 14Shenzhen AV-Display Co., Ltd. Announces 2021 Final Profit Distribution Plan to Be Implemented on A Shares, Payable on 20 May 2022Shenzhen AV-Display Co., Ltd. announced 2021 final profit distribution plan to be implemented on A shares: Cash dividend/10 shares (tax included) is CNY 6.00000000. Record date is 19 May 2022, Ex-date is 20 May 2022 and Payment date is 20 May 2022.공시 • May 12Shenzhen Av-Display Co., Ltd. Approves Cash Dividend for the Year 2021Shenzhen AV-Display Co., Ltd. approved at its AGM held on May 6, 2022 final cash dividend of CNY 6.00000000 per 10 shares (tax included) for 2021.Reported Earnings • Apr 27First quarter 2022 earnings released: EPS: CN¥0.32 (vs CN¥0.14 in 1Q 2021)First quarter 2022 results: EPS: CN¥0.32 (up from CN¥0.14 in 1Q 2021). Revenue: CN¥254.0m (up 18% from 1Q 2021). Net income: CN¥25.9m (up 150% from 1Q 2021). Profit margin: 10% (up from 4.8% in 1Q 2021). The increase in margin was driven by higher revenue.공시 • Apr 16+ 1 more updateShenzhen AV-Display Co., Ltd. Proposes Final Cash Dividend for 2021Shenzhen AV-Display Co., Ltd. proposed final cash dividend of CNY 6.00000000 per 10 shares (tax included) for 2021.Reported Earnings • Apr 16Full year 2021 earnings released: EPS: CN¥1.40 (vs CN¥1.39 in FY 2020)Full year 2021 results: EPS: CN¥1.40 (up from CN¥1.39 in FY 2020). Revenue: CN¥1.11b (up 35% from FY 2020). Net income: CN¥109.7m (up 32% from FY 2020). Profit margin: 9.9% (in line with FY 2020).Valuation Update With 7 Day Price Move • Jan 25Investor sentiment deteriorated over the past weekAfter last week's 23% share price decline to CN¥46.84, the stock trades at a trailing P/E ratio of 36.5x. Average trailing P/E is 42x in the Electronic industry in China.Reported Earnings • Oct 27Third quarter 2021 earnings released: EPS CN¥0.55 (vs CN¥0.45 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: CN¥308.1m (up 36% from 3Q 2020). Net income: CN¥44.2m (up 65% from 3Q 2020). Profit margin: 14% (up from 12% in 3Q 2020). The increase in margin was driven by higher revenue.Reported Earnings • Aug 20Second quarter 2021 earnings released: EPS CN¥0.33 (vs CN¥0.45 in 2Q 2020)The company reported a soft second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2021 results: Revenue: CN¥282.7m (up 25% from 2Q 2020). Net income: CN¥26.4m (down 1.2% from 2Q 2020). Profit margin: 9.3% (down from 12% in 2Q 2020). The decrease in margin was driven by higher expenses.공시 • May 21Shenzhen AV-Display Co., Ltd., Announces Cash Dividend on its A share for the Year of 2020, Payable on 26 May 2021Shenzhen AV-Display Co., Ltd. announced cash dividend/10 shares (tax included) of CNY 5.00000000 on its A shares for the year 2020. Record date is 25 May 2021, Ex-date is 26 May 2021 and Payment date is 26 May 2021.공시 • May 16Shenzhen AV-Display Co., Ltd. Approves Cash Dividend for the Year 2020Shenzhen AV-Display Co., Ltd., at the AGM held on May 12, 2021 the company approved Cash dividend/10 shares (tax included) of CNY 5.00000000 for the year 2020.공시 • Mar 21Shenzhen Av-Display Co., Ltd. Announces Management ChangesShenzhen AV-Display Co., Ltd. held its 1st Extraordinary General Meeting of 2021 on 18 March 2021 board elected of non-independent directors, cumulative voting system applicable, Huang Zhiyi, Chen Wenjian, Wang Yabin, Wang Tiehua, election of independent directors, cumulative voting system applicable Zou Haiyan, Feng Qiang, Qian Keyuan, and election of shareholder supervisors, cumulative voting system applicable Chen Weijun, Yang Zhi.Valuation Update With 7 Day Price Move • Mar 08Investor sentiment improved over the past weekAfter last week's 27% share price gain to CN¥85.60, the stock is trading at a trailing P/E ratio of 60.2x, up from the previous P/E ratio of 47.2x. This compares to an average P/E of 40x in the Electronic industry in China.지급의 안정성과 성장배당 데이터 가져오는 중안정적인 배당: 300939 10년 미만 동안 배당금을 지급해 왔으며 이 기간 동안 지급액은 휘발성이었습니다.배당금 증가: 300939 5 년 동안만 배당금을 지급해 왔으며 그 이후 지급액이 감소했습니다.배당 수익률 vs 시장Shenzhen AV-Display 배당 수익률 vs 시장300939의 배당 수익률은 시장과 어떻게 비교되나요?구분배당 수익률회사 (300939)0.3%시장 하위 25% (CN)0.4%시장 상위 25% (CN)1.9%업계 평균 (Electronic)1.0%분석가 예측 (300939) (최대 3년)n/a주목할만한 배당금: 300939 의 배당금( 0.29% )은 CN 시장에서 배당금 지급자의 하위 25%( 0.36% )와 비교해 주목할 만하지 않습니다.고배당: 300939 의 배당금( 0.29% )은 CN 시장에서 배당금 지급자의 상위 25%( 1.94% )와 비교해 낮습니다.주주 대상 이익 배당수익 보장: 합리적으로 낮은 지불 비율 ( 31.8% )로 300939 의 배당금 지급은 수익으로 충분히 충당됩니다.주주 현금 배당현금 흐름 범위: 300939 배당금을 지급하고 있지만 회사에는 잉여현금흐름이 없습니다.높은 배당을 제공하는 우량 기업 찾기7D1Y7D1Y7D1YCN 시장에서 배당이 강한 기업.View Management기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/25 10:08종가2026/05/25 00:00수익2026/03/31연간 수익2025/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Shenzhen AV-Display Co., Ltd.는 0명의 분석가가 다루고 있습니다. 이 중 0명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.
Declared Dividend • May 14Dividend reduced to CN¥0.20Dividend of CN¥0.20 is 50% lower than last year. Ex-date: 19th May 2026 Payment date: 19th May 2026 Dividend yield will be 0.4%, which is lower than the industry average of 1.8%. Sustainability & Growth Dividend is covered by earnings (32% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has decreased over the past 56 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to decline by 65% to shift the payout ratio to a potentially unsustainable range, which is more than the 6.3% EPS decline seen over the last 5 years.
Declared Dividend • May 25Dividend of CN¥0.40 announcedDividend of CN¥0.40 is the same as last year. Ex-date: 29th May 2025 Payment date: 29th May 2025 Dividend yield will be 1.4%, which is lower than the industry average of 1.8%. Sustainability & Growth Dividend is covered by both earnings (56% earnings payout ratio) and cash flows (86% cash payout ratio). The dividend has increased by an average of 4.7% per year over the past 4 years and payments have been stable during that time. The company's earnings per share (EPS) would need to decline by 38% to shift the payout ratio to a potentially unsustainable range, which is more than the 5.5% EPS decline seen over the last 5 years.
분석 기사 • May 21Shenzhen AV-Display (SZSE:300939) Has Announced A Dividend Of CN¥0.40Shenzhen AV-Display Co., Ltd.'s ( SZSE:300939 ) investors are due to receive a payment of CN¥0.40 per share on 22nd of...
Declared Dividend • May 17Dividend of CN¥0.40 announcedDividend of CN¥0.40 is the same as last year. Ex-date: 22nd May 2024 Payment date: 22nd May 2024 Dividend yield will be 1.4%, which is lower than the industry average of 1.8%. Sustainability & Growth Dividend is covered by both earnings (42% earnings payout ratio) and cash flows (65% cash payout ratio). The dividend has increased by an average of 6.3% per year over the past 3 years and payments have been stable during that time. Earnings per share has grown by 3.8% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
공시 • May 16Shenzhen Av-Display Co., Ltd. Implements 2023 Final Profit Distribution Plan of A Shares, Payable on 22 May 2024Shenzhen AV-Display Co., Ltd. announced 2023 final profit distribution plan to be implemented (A shares): Cash dividend/10 shares (tax included): CNY 4.00000000. Record date: 21 May 2024, Ex-date: 22 May 2024, Payment date: 22 May 2024.
공시 • Jan 29Shenzhen AV-Display Co., Ltd. (SZSE:300939) announces an Equity Buyback for CNY 50 million worth of its shares.Shenzhen AV-Display Co., Ltd. (SZSE:300939) announces a share repurchase program. Under the program, the company will repurchase up to CNY 50 million worth of its shares. The shares will be repurchased at a price not more than CNY 51.52 per share. The shares repurchased will be used to implement employee stock ownership plans or equity incentives. The program will be valid for 12 months.
Declared Dividend • May 14Dividend reduced to CN¥0.20Dividend of CN¥0.20 is 50% lower than last year. Ex-date: 19th May 2026 Payment date: 19th May 2026 Dividend yield will be 0.4%, which is lower than the industry average of 1.8%. Sustainability & Growth Dividend is covered by earnings (32% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has decreased over the past 56 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to decline by 65% to shift the payout ratio to a potentially unsustainable range, which is more than the 6.3% EPS decline seen over the last 5 years.
Valuation Update With 7 Day Price Move • May 11Investor sentiment improves as stock rises 19%After last week's 19% share price gain to CN¥45.81, the stock trades at a trailing P/E ratio of 73.6x. Average trailing P/E is 73x in the Electronic industry in China. Total returns to shareholders of 57% over the past three years.
New Risk • May 04New 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 7.0% per year over the past 5 years. High level of non-cash earnings (32% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (7.9% average weekly change).
Reported Earnings • Apr 27First quarter 2026 earnings released: EPS: CN¥0.12 (vs CN¥0.16 in 1Q 2025)First quarter 2026 results: EPS: CN¥0.12 (down from CN¥0.16 in 1Q 2025). Revenue: CN¥293.9m (up 9.8% from 1Q 2025). Net income: CN¥14.5m (down 26% from 1Q 2025). Profit margin: 4.9% (down from 7.3% in 1Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings.
공시 • Apr 20Shenzhen AV-Display Co., Ltd., Annual General Meeting, May 08, 2026Shenzhen AV-Display Co., Ltd., Annual General Meeting, May 08, 2026, at 14:30 China Standard Time. Location: The Company's Meeting Room, Shenzhen, Guangdong China
공시 • Mar 31Shenzhen AV-Display Co., Ltd. to Report Q1, 2026 Results on Apr 25, 2026Shenzhen AV-Display Co., Ltd. announced that they will report Q1, 2026 results on Apr 25, 2026
Valuation Update With 7 Day Price Move • Mar 25Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CN¥46.51, the stock trades at a trailing P/E ratio of 68.7x. Average trailing P/E is 56x in the Electronic industry in China. Total returns to shareholders of 39% over the past three years.
Valuation Update With 7 Day Price Move • Mar 10Investor sentiment improves as stock rises 15%After last week's 15% share price gain to CN¥38.58, the stock trades at a trailing P/E ratio of 57x. Average trailing P/E is 59x in the Electronic industry in China. Total returns to shareholders of 30% over the past three years.
공시 • Dec 31Shenzhen AV-Display Co., Ltd. to Report Fiscal Year 2025 Results on Apr 18, 2026Shenzhen AV-Display Co., Ltd. announced that they will report fiscal year 2025 results on Apr 18, 2026
New Risk • Oct 29New major risk - Revenue and earnings growthEarnings have declined by 0.8% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 0.8% per year over the past 5 years. Minor Risk Dividend is not well covered by cash flows (dividend per share is over 5x cash flows per share).
Reported Earnings • Oct 29Third quarter 2025 earnings released: EPS: CN¥0.11 (vs CN¥0.15 in 3Q 2024)Third quarter 2025 results: EPS: CN¥0.11 (down from CN¥0.15 in 3Q 2024). Revenue: CN¥344.3m (up 19% from 3Q 2024). Net income: CN¥12.5m (down 33% from 3Q 2024). Profit margin: 3.6% (down from 6.5% in 3Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.
공시 • Sep 30Shenzhen AV-Display Co., Ltd. to Report Q3, 2025 Results on Oct 29, 2025Shenzhen AV-Display Co., Ltd. announced that they will report Q3, 2025 results on Oct 29, 2025
Valuation Update With 7 Day Price Move • Aug 28Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CN¥40.00, the stock trades at a trailing P/E ratio of 54.2x. Average trailing P/E is 62x in the Electronic industry in China. Total returns to shareholders of 21% over the past three years.
Reported Earnings • Aug 22Second quarter 2025 earnings released: EPS: CN¥0.27 (vs CN¥0.26 in 2Q 2024)Second quarter 2025 results: EPS: CN¥0.27 (up from CN¥0.26 in 2Q 2024). Revenue: CN¥362.8m (up 23% from 2Q 2024). Net income: CN¥31.8m (up 4.8% from 2Q 2024). Profit margin: 8.8% (down from 10% in 2Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 23% 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 • Jul 02Shenzhen AV-Display Co., Ltd. to Report First Half, 2025 Results on Aug 21, 2025Shenzhen AV-Display Co., Ltd. announced that they will report first half, 2025 results on Aug 21, 2025
Declared Dividend • May 25Dividend of CN¥0.40 announcedDividend of CN¥0.40 is the same as last year. Ex-date: 29th May 2025 Payment date: 29th May 2025 Dividend yield will be 1.4%, which is lower than the industry average of 1.8%. Sustainability & Growth Dividend is covered by both earnings (56% earnings payout ratio) and cash flows (86% cash payout ratio). The dividend has increased by an average of 4.7% per year over the past 4 years and payments have been stable during that time. The company's earnings per share (EPS) would need to decline by 38% to shift the payout ratio to a potentially unsustainable range, which is more than the 5.5% EPS decline seen over the last 5 years.
New Risk • May 01New minor risk - Dividend sustainabilityThe dividend is not well covered by cash flows. Cash payout ratio: 169% Dividend yield: 1.4% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by cash flows (169% cash payout ratio). Profit margins are more than 30% lower than last year (8.4% net profit margin).
Reported Earnings • Apr 28First quarter 2025 earnings released: EPS: CN¥0.16 (vs CN¥0.20 in 1Q 2024)First quarter 2025 results: EPS: CN¥0.16 (down from CN¥0.20 in 1Q 2024). Revenue: CN¥267.7m (up 19% from 1Q 2024). Net income: CN¥19.5m (down 19% from 1Q 2024). Profit margin: 7.3% (down from 11% in 1Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.
공시 • Apr 26Shenzhen AV-Display Co., Ltd., Annual General Meeting, May 16, 2025Shenzhen AV-Display Co., Ltd., Annual General Meeting, May 16, 2025, at 14:30 China Standard Time. Location: The Company's Meeting Room, Shenzhen, Guangdong China
Valuation Update With 7 Day Price Move • Apr 07Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to CN¥24.09, the stock trades at a trailing P/E ratio of 29.2x. Average trailing P/E is 48x in the Electronic industry in China. Total loss to shareholders of 8.4% over the past three years.
공시 • Mar 31Shenzhen AV-Display Co., Ltd. to Report Q1, 2025 Results on Apr 26, 2025Shenzhen AV-Display Co., Ltd. announced that they will report Q1, 2025 results on Apr 26, 2025
Valuation Update With 7 Day Price Move • Jan 03Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to CN¥29.57, the stock trades at a trailing P/E ratio of 35.8x. Average trailing P/E is 44x in the Electronic industry in China. Total loss to shareholders of 23% over the past three years.
분석 기사 • Dec 31Shenzhen AV-Display (SZSE:300939) Will Be Hoping To Turn Its Returns On Capital AroundIf we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
공시 • Dec 31Shenzhen AV-Display Co., Ltd. to Report Fiscal Year 2024 Results on Apr 26, 2025Shenzhen AV-Display Co., Ltd. announced that they will report fiscal year 2024 results on Apr 26, 2025
분석 기사 • Nov 04Shenzhen AV-Display's (SZSE:300939) Shareholders Have More To Worry About Than Only Soft EarningsThe market wasn't impressed with the soft earnings from Shenzhen AV-Display Co., Ltd. ( SZSE:300939 ) recently. We did...
Reported Earnings • Oct 28Third quarter 2024 earnings released: EPS: CN¥0.15 (vs CN¥0.23 in 3Q 2023)Third quarter 2024 results: EPS: CN¥0.15 (down from CN¥0.23 in 3Q 2023). Revenue: CN¥288.5m (up 20% from 3Q 2023). Net income: CN¥18.7m (down 33% from 3Q 2023). Profit margin: 6.5% (down from 12% in 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 5% per year whereas the company’s share price has remained flat.
분석 기사 • Oct 09Subdued Growth No Barrier To Shenzhen AV-Display Co., Ltd. (SZSE:300939) With Shares Advancing 39%Shenzhen AV-Display Co., Ltd. ( SZSE:300939 ) shareholders would be excited to see that the share price has had a great...
공시 • Sep 30Shenzhen AV-Display Co., Ltd. to Report Q3, 2024 Results on Oct 28, 2024Shenzhen AV-Display Co., Ltd. announced that they will report Q3, 2024 results on Oct 28, 2024
Valuation Update With 7 Day Price Move • Sep 30Investor sentiment improves as stock rises 31%After last week's 31% share price gain to CN¥31.81, the stock trades at a trailing P/E ratio of 35.1x. Average trailing P/E is 38x in the Electronic industry in China. Total returns to shareholders of 1.9% over the past three years.
분석 기사 • Sep 27Some Investors May Be Worried About Shenzhen AV-Display's (SZSE:300939) Returns On CapitalThere are a few key trends to look for if we want to identify the next multi-bagger. Typically, we'll want to notice a...
Reported Earnings • Aug 28Second quarter 2024 earnings released: EPS: CN¥0.26 (vs CN¥0.32 in 2Q 2023)Second quarter 2024 results: EPS: CN¥0.26 (down from CN¥0.32 in 2Q 2023). Revenue: CN¥295.3m (up 13% from 2Q 2023). Net income: CN¥30.3m (down 19% from 2Q 2023). Profit margin: 10% (down from 14% in 2Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings.
New Risk • Jul 26New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 7.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (7.2% average weekly change).
공시 • Jun 29Shenzhen AV-Display Co., Ltd. to Report First Half, 2024 Results on Aug 28, 2024Shenzhen AV-Display Co., Ltd. announced that they will report first half, 2024 results on Aug 28, 2024
분석 기사 • Jun 17Shenzhen AV-Display Co., Ltd.'s (SZSE:300939) Shares May Have Run Too Fast Too SoonIt's not a stretch to say that Shenzhen AV-Display Co., Ltd.'s ( SZSE:300939 ) price-to-earnings (or "P/E") ratio of...
분석 기사 • May 21Shenzhen AV-Display (SZSE:300939) Has Announced A Dividend Of CN¥0.40Shenzhen AV-Display Co., Ltd.'s ( SZSE:300939 ) investors are due to receive a payment of CN¥0.40 per share on 22nd of...
Declared Dividend • May 17Dividend of CN¥0.40 announcedDividend of CN¥0.40 is the same as last year. Ex-date: 22nd May 2024 Payment date: 22nd May 2024 Dividend yield will be 1.4%, which is lower than the industry average of 1.8%. Sustainability & Growth Dividend is covered by both earnings (42% earnings payout ratio) and cash flows (65% cash payout ratio). The dividend has increased by an average of 6.3% per year over the past 3 years and payments have been stable during that time. Earnings per share has grown by 3.8% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
공시 • May 16Shenzhen Av-Display Co., Ltd. Implements 2023 Final Profit Distribution Plan of A Shares, Payable on 22 May 2024Shenzhen AV-Display Co., Ltd. announced 2023 final profit distribution plan to be implemented (A shares): Cash dividend/10 shares (tax included): CNY 4.00000000. Record date: 21 May 2024, Ex-date: 22 May 2024, Payment date: 22 May 2024.
분석 기사 • May 01Shenzhen AV-Display's (SZSE:300939) Problems Go Beyond Weak ProfitA lackluster earnings announcement from Shenzhen AV-Display Co., Ltd. ( SZSE:300939 ) last week didn't sink the stock...
공시 • Apr 21Shenzhen AV-Display Co., Ltd., Annual General Meeting, May 10, 2024Shenzhen AV-Display Co., Ltd., Annual General Meeting, May 10, 2024, at 14:00 China Standard Time. Location: The Company's Meeting Room, Shenzhen, Guangdong China
Reported Earnings • Apr 20First quarter 2024 earnings released: EPS: CN¥0.20 (vs CN¥0.26 in 1Q 2023)First quarter 2024 results: EPS: CN¥0.20 (down from CN¥0.26 in 1Q 2023). Revenue: CN¥224.2m (down 7.5% from 1Q 2023). Net income: CN¥24.1m (down 24% from 1Q 2023). Profit margin: 11% (down from 13% in 1Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings.
Valuation Update With 7 Day Price Move • Apr 16Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to CN¥24.18, the stock trades at a trailing P/E ratio of 23.3x. Average trailing P/E is 37x in the Electronic industry in China. Total loss to shareholders of 45% over the past three years.
Board Change • Apr 01High number of new and inexperienced directorsThere are 6 new directors who have joined the board in the last 3 years. The company's board is composed of: 6 new directors. 5 experienced directors. No highly experienced directors. Director Tiehua Wang is the most experienced director on the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.
공시 • Mar 30Shenzhen AV-Display Co., Ltd. to Report Q1, 2024 Results on Apr 20, 2024Shenzhen AV-Display Co., Ltd. announced that they will report Q1, 2024 results on Apr 20, 2024
공시 • Mar 22Shenzhen Av-Display Co., Ltd. Approves Board AppointmentsShenzhen AV-Display Co., Ltd. at its first extraordinary general meeting of 2024 held on 18 March 2024, the shareholders approved election of Chai Guangyue and Yang Yibin as independent directors; Chen Wenjian and Jian Tingxian as non-independent directors and Zheng Rong and Li Jianfeng as non-employee supervisors.
Board Change • Mar 20Less than half of directors are independentFollowing the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 3 non-independent directors. Independent Director Pingping Song was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Valuation Update With 7 Day Price Move • Mar 20Investor sentiment improves as stock rises 22%After last week's 22% share price gain to CN¥36.12, the stock trades at a trailing P/E ratio of 34.9x. Average trailing P/E is 40x in the Electronic industry in China. Total loss to shareholders of 20% over the past three years.
분석 기사 • Feb 28Shenzhen AV-Display Co., Ltd.'s (SZSE:300939) Popularity With Investors Is Under Threat From OverpricingWith a median price-to-earnings (or "P/E") ratio of close to 31x in China, you could be forgiven for feeling...
Valuation Update With 7 Day Price Move • Feb 23Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CN¥27.85, the stock trades at a trailing P/E ratio of 26.9x. Average trailing P/E is 35x in the Electronic industry in China. Total loss to shareholders of 36% over the past three years.
Valuation Update With 7 Day Price Move • Feb 02Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to CN¥24.04, the stock trades at a trailing P/E ratio of 23.2x. Average trailing P/E is 34x in the Electronic industry in China. Total loss to shareholders of 51% over the past three years.
공시 • Jan 29Shenzhen AV-Display Co., Ltd. (SZSE:300939) announces an Equity Buyback for CNY 50 million worth of its shares.Shenzhen AV-Display Co., Ltd. (SZSE:300939) announces a share repurchase program. Under the program, the company will repurchase up to CNY 50 million worth of its shares. The shares will be repurchased at a price not more than CNY 51.52 per share. The shares repurchased will be used to implement employee stock ownership plans or equity incentives. The program will be valid for 12 months.
공시 • Dec 29Shenzhen AV-Display Co., Ltd. to Report Fiscal Year 2023 Results on Apr 20, 2024Shenzhen AV-Display Co., Ltd. announced that they will report fiscal year 2023 results on Apr 20, 2024
Valuation Update With 7 Day Price Move • Nov 28Investor sentiment improves as stock rises 15%After last week's 15% share price gain to CN¥42.45, the stock trades at a trailing P/E ratio of 41x. Average trailing P/E is 46x in the Electronic industry in China. Total returns to shareholders of 44% over the past year.
Reported Earnings • Oct 27Third quarter 2023 earnings released: EPS: CN¥0.23 (vs CN¥0.48 in 3Q 2022)Third quarter 2023 results: EPS: CN¥0.23 (down from CN¥0.48 in 3Q 2022). Revenue: CN¥239.7m (down 17% from 3Q 2022). Net income: CN¥28.1m (down 52% from 3Q 2022). Profit margin: 12% (down from 20% in 3Q 2022). The decrease in margin was driven by lower revenue.
Valuation Update With 7 Day Price Move • Oct 23Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to CN¥31.87, the stock trades at a trailing P/E ratio of 24.7x. Average trailing P/E is 41x in the Electronic industry in China. Negligible returns to shareholders over past year.
공시 • Sep 30Shenzhen AV-Display Co., Ltd. to Report Q3, 2023 Results on Oct 27, 2023Shenzhen AV-Display Co., Ltd. announced that they will report Q3, 2023 results on Oct 27, 2023
Reported Earnings • Aug 30Second quarter 2023 earnings released: EPS: CN¥0.32 (vs CN¥0.40 in 2Q 2022)Second quarter 2023 results: EPS: CN¥0.32 (down from CN¥0.40 in 2Q 2022). Revenue: CN¥260.7m (down 16% from 2Q 2022). Net income: CN¥37.6m (down 21% from 2Q 2022). Profit margin: 14% (in line with 2Q 2022).
New Risk • Jul 11New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Chinese stocks, typically moving 9.2% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (9.2% average weekly change). High level of non-cash earnings (38% accrual ratio). Minor Risk Dividend is not well covered by cash flows (114% cash payout ratio).
Valuation Update With 7 Day Price Move • Jul 10Investor sentiment improves as stock rises 23%After last week's 23% share price gain to CN¥44.31, the stock trades at a trailing P/E ratio of 32.2x. Average trailing P/E is 47x in the Electronic industry in China. Total returns to shareholders of 30% over the past year.
Reported Earnings • Apr 24Full year 2022 earnings released: EPS: CN¥1.33 (vs CN¥0.93 in FY 2021)Full year 2022 results: EPS: CN¥1.33 (up from CN¥0.93 in FY 2021). Revenue: CN¥1.10b (flat on FY 2021). Net income: CN¥159.2m (up 45% from FY 2021). Profit margin: 14% (up from 9.9% in FY 2021).
Reported Earnings • Oct 28Third quarter 2022 earnings released: EPS: CN¥0.48 (vs CN¥0.37 in 3Q 2021)Third quarter 2022 results: EPS: CN¥0.48 (up from CN¥0.37 in 3Q 2021). Revenue: CN¥289.5m (down 6.0% from 3Q 2021). Net income: CN¥58.7m (up 33% from 3Q 2021). Profit margin: 20% (up from 14% in 3Q 2021). The increase in margin was driven by lower expenses.
Valuation Update With 7 Day Price Move • Oct 17Investor sentiment improved over the past weekAfter last week's 15% share price gain to CN¥32.69, the stock trades at a trailing P/E ratio of 26.8x. Average trailing P/E is 32x in the Electronic industry in China. Total returns to shareholders of 2.9% over the past year.
Reported Earnings • Aug 21Second quarter 2022 earnings released: EPS: CN¥0.40 (vs CN¥0.22 in 2Q 2021)Second quarter 2022 results: EPS: CN¥0.40 (up from CN¥0.22 in 2Q 2021). Revenue: CN¥311.7m (up 10% from 2Q 2021). Net income: CN¥47.7m (up 81% from 2Q 2021). Profit margin: 15% (up from 9.3% in 2Q 2021). The increase in margin was driven by higher revenue.
Valuation Update With 7 Day Price Move • Aug 09Investor sentiment improved over the past weekAfter last week's 18% share price gain to CN¥40.16, the stock trades at a trailing P/E ratio of 38.5x. Average trailing P/E is 38x in the Electronic industry in China. Total returns to shareholders of 19% over the past year.
Valuation Update With 7 Day Price Move • Jun 28Investor sentiment improved over the past weekAfter last week's 17% share price gain to CN¥33.25, the stock trades at a trailing P/E ratio of 31.9x. Average trailing P/E is 35x in the Electronic industry in China. Total loss to shareholders of 9.1% over the past year.
공시 • May 14Shenzhen AV-Display Co., Ltd. Announces 2021 Final Profit Distribution Plan to Be Implemented on A Shares, Payable on 20 May 2022Shenzhen AV-Display Co., Ltd. announced 2021 final profit distribution plan to be implemented on A shares: Cash dividend/10 shares (tax included) is CNY 6.00000000. Record date is 19 May 2022, Ex-date is 20 May 2022 and Payment date is 20 May 2022.
공시 • May 12Shenzhen Av-Display Co., Ltd. Approves Cash Dividend for the Year 2021Shenzhen AV-Display Co., Ltd. approved at its AGM held on May 6, 2022 final cash dividend of CNY 6.00000000 per 10 shares (tax included) for 2021.
Reported Earnings • Apr 27First quarter 2022 earnings released: EPS: CN¥0.32 (vs CN¥0.14 in 1Q 2021)First quarter 2022 results: EPS: CN¥0.32 (up from CN¥0.14 in 1Q 2021). Revenue: CN¥254.0m (up 18% from 1Q 2021). Net income: CN¥25.9m (up 150% from 1Q 2021). Profit margin: 10% (up from 4.8% in 1Q 2021). The increase in margin was driven by higher revenue.
공시 • Apr 16+ 1 more updateShenzhen AV-Display Co., Ltd. Proposes Final Cash Dividend for 2021Shenzhen AV-Display Co., Ltd. proposed final cash dividend of CNY 6.00000000 per 10 shares (tax included) for 2021.
Reported Earnings • Apr 16Full year 2021 earnings released: EPS: CN¥1.40 (vs CN¥1.39 in FY 2020)Full year 2021 results: EPS: CN¥1.40 (up from CN¥1.39 in FY 2020). Revenue: CN¥1.11b (up 35% from FY 2020). Net income: CN¥109.7m (up 32% from FY 2020). Profit margin: 9.9% (in line with FY 2020).
Valuation Update With 7 Day Price Move • Jan 25Investor sentiment deteriorated over the past weekAfter last week's 23% share price decline to CN¥46.84, the stock trades at a trailing P/E ratio of 36.5x. Average trailing P/E is 42x in the Electronic industry in China.
Reported Earnings • Oct 27Third quarter 2021 earnings released: EPS CN¥0.55 (vs CN¥0.45 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: CN¥308.1m (up 36% from 3Q 2020). Net income: CN¥44.2m (up 65% from 3Q 2020). Profit margin: 14% (up from 12% in 3Q 2020). The increase in margin was driven by higher revenue.
Reported Earnings • Aug 20Second quarter 2021 earnings released: EPS CN¥0.33 (vs CN¥0.45 in 2Q 2020)The company reported a soft second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2021 results: Revenue: CN¥282.7m (up 25% from 2Q 2020). Net income: CN¥26.4m (down 1.2% from 2Q 2020). Profit margin: 9.3% (down from 12% in 2Q 2020). The decrease in margin was driven by higher expenses.
공시 • May 21Shenzhen AV-Display Co., Ltd., Announces Cash Dividend on its A share for the Year of 2020, Payable on 26 May 2021Shenzhen AV-Display Co., Ltd. announced cash dividend/10 shares (tax included) of CNY 5.00000000 on its A shares for the year 2020. Record date is 25 May 2021, Ex-date is 26 May 2021 and Payment date is 26 May 2021.
공시 • May 16Shenzhen AV-Display Co., Ltd. Approves Cash Dividend for the Year 2020Shenzhen AV-Display Co., Ltd., at the AGM held on May 12, 2021 the company approved Cash dividend/10 shares (tax included) of CNY 5.00000000 for the year 2020.
공시 • Mar 21Shenzhen Av-Display Co., Ltd. Announces Management ChangesShenzhen AV-Display Co., Ltd. held its 1st Extraordinary General Meeting of 2021 on 18 March 2021 board elected of non-independent directors, cumulative voting system applicable, Huang Zhiyi, Chen Wenjian, Wang Yabin, Wang Tiehua, election of independent directors, cumulative voting system applicable Zou Haiyan, Feng Qiang, Qian Keyuan, and election of shareholder supervisors, cumulative voting system applicable Chen Weijun, Yang Zhi.
Valuation Update With 7 Day Price Move • Mar 08Investor sentiment improved over the past weekAfter last week's 27% share price gain to CN¥85.60, the stock is trading at a trailing P/E ratio of 60.2x, up from the previous P/E ratio of 47.2x. This compares to an average P/E of 40x in the Electronic industry in China.