View Future GrowthValueHD 과거 순이익 실적과거 기준 점검 1/6ValueHD의 수입은 연평균 -13.4%의 비율로 감소해 온 반면, Communications 산업은 수입이 연평균 3.9% 증가했습니다. 매출은 연평균 1.3%의 비율로 증가해 왔습니다. ValueHD의 자기자본이익률은 2.5%이고 순이익률은 6.9%입니다.핵심 정보-13.38%순이익 성장률-21.96%주당순이익(EPS) 성장률Communications 산업 성장률12.75%매출 성장률1.30%자기자본이익률2.49%순이익률6.90%최근 순이익 업데이트31 Mar 2026최근 과거 실적 업데이트Reported Earnings • Apr 25First quarter 2026 earnings released: EPS: CN¥0.03 (vs CN¥0.31 in 1Q 2025)First quarter 2026 results: EPS: CN¥0.03 (down from CN¥0.31 in 1Q 2025). Revenue: CN¥156.5m (down 19% from 1Q 2025). Net income: CN¥3.92m (down 91% from 1Q 2025). Profit margin: 2.5% (down from 22% in 1Q 2025). The decrease in margin was primarily driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings.공시 • Mar 31ValueHD Corporation to Report Q1, 2026 Results on Apr 25, 2026ValueHD Corporation announced that they will report Q1, 2026 results on Apr 25, 2026공시 • Dec 31ValueHD Corporation to Report Fiscal Year 2025 Results on Apr 25, 2026ValueHD Corporation announced that they will report fiscal year 2025 results on Apr 25, 2026Reported Earnings • Oct 30Third quarter 2025 earnings released: EPS: CN¥0.15 (vs CN¥0.32 in 3Q 2024)Third quarter 2025 results: EPS: CN¥0.15 (down from CN¥0.32 in 3Q 2024). Revenue: CN¥164.7m (down 16% from 3Q 2024). Net income: CN¥20.0m (down 43% from 3Q 2024). Profit margin: 12% (down from 18% in 3Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.공시 • Sep 30ValueHD Corporation to Report Q3, 2025 Results on Oct 29, 2025ValueHD Corporation announced that they will report Q3, 2025 results on Oct 29, 2025Reported Earnings • Aug 18Second quarter 2025 earnings released: EPS: CN¥0.18 (vs CN¥0.30 in 2Q 2024)Second quarter 2025 results: EPS: CN¥0.18 (down from CN¥0.30 in 2Q 2024). Revenue: CN¥162.8m (up 16% from 2Q 2024). Net income: CN¥23.7m (down 24% from 2Q 2024). Profit margin: 14% (down from 22% 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 13% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings.모든 업데이트 보기Recent updates공시 • May 19ValueHD Corporation (SZSE:301318) announces an Equity Buyback for CNY 50 million worth of its shares.ValueHD Corporation (SZSE:301318 announces a share repurchase program. Under the program, the company will repurchase up to CNY 50 million worth of its Class A shares. The shares will be repurchased at no more than CNY 38.33 per share. The purpose of the program is to use the repurchased shares for ESOP or equity incentives and shares not used within 3 years after the completion of the repurchase will be cancelled. Repurchases will be funded from excess funds from IPO. The plan will be valid for 12 months from the company's board approval date.Reported Earnings • Apr 25First quarter 2026 earnings released: EPS: CN¥0.03 (vs CN¥0.31 in 1Q 2025)First quarter 2026 results: EPS: CN¥0.03 (down from CN¥0.31 in 1Q 2025). Revenue: CN¥156.5m (down 19% from 1Q 2025). Net income: CN¥3.92m (down 91% from 1Q 2025). Profit margin: 2.5% (down from 22% in 1Q 2025). The decrease in margin was primarily driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings.공시 • Apr 25ValueHD Corporation, Annual General Meeting, May 18, 2026ValueHD Corporation, Annual General Meeting, May 18, 2026, at 14:30 China Standard Time. Location: 3F, Building 2, Honghui Industrial Park, Xin'an Subdistrict, Bao'an District, Shenzhen, Guangdong China공시 • Mar 31ValueHD Corporation to Report Q1, 2026 Results on Apr 25, 2026ValueHD Corporation announced that they will report Q1, 2026 results on Apr 25, 2026공시 • Dec 31ValueHD Corporation to Report Fiscal Year 2025 Results on Apr 25, 2026ValueHD Corporation announced that they will report fiscal year 2025 results on Apr 25, 2026Reported Earnings • Oct 30Third quarter 2025 earnings released: EPS: CN¥0.15 (vs CN¥0.32 in 3Q 2024)Third quarter 2025 results: EPS: CN¥0.15 (down from CN¥0.32 in 3Q 2024). Revenue: CN¥164.7m (down 16% from 3Q 2024). Net income: CN¥20.0m (down 43% from 3Q 2024). Profit margin: 12% (down from 18% in 3Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.공시 • Sep 30ValueHD Corporation to Report Q3, 2025 Results on Oct 29, 2025ValueHD Corporation announced that they will report Q3, 2025 results on Oct 29, 2025Reported Earnings • Aug 18Second quarter 2025 earnings released: EPS: CN¥0.18 (vs CN¥0.30 in 2Q 2024)Second quarter 2025 results: EPS: CN¥0.18 (down from CN¥0.30 in 2Q 2024). Revenue: CN¥162.8m (up 16% from 2Q 2024). Net income: CN¥23.7m (down 24% from 2Q 2024). Profit margin: 14% (down from 22% 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 13% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings.공시 • Jul 02ValueHD Corporation to Report First Half, 2025 Results on Aug 15, 2025ValueHD Corporation announced that they will report first half, 2025 results on Aug 15, 2025Declared Dividend • May 28Dividend of CN¥0.38 announcedShareholders will receive a dividend of CN¥0.38. Ex-date: 3rd June 2025 Payment date: 3rd June 2025 Dividend yield will be 1.2%, which is about the same as the industry average. Sustainability & Growth Dividend is covered by both earnings (18% earnings payout ratio) and cash flows (62% cash payout ratio). The dividend has decreased over the past 36 years, indicating a lack of growth and stability in payments. Earnings per share has grown by 8.1% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.공시 • Apr 25ValueHD Proposes Final Cash Dividend for 2024ValueHD announced on 23 April 2025 the profit distribution proposal of CNY 3.75000000 Cash dividend per ten shares (tax included) for 2024.Reported Earnings • Apr 24First quarter 2025 earnings released: EPS: CN¥0.31 (vs CN¥0.18 in 1Q 2024)First quarter 2025 results: EPS: CN¥0.31 (up from CN¥0.18 in 1Q 2024). Revenue: CN¥193.1m (up 66% from 1Q 2024). Net income: CN¥42.3m (up 93% from 1Q 2024). Profit margin: 22% (up from 19% in 1Q 2024). The increase in margin was driven by higher revenue.Valuation Update With 7 Day Price Move • Apr 23Investor sentiment improves as stock rises 17%After last week's 17% share price gain to CN¥30.60, the stock trades at a trailing P/E ratio of 44.8x. Average trailing P/E is 76x in the Communications industry in China. Total loss to shareholders of 4.3% over the past year.공시 • Apr 23ValueHD Corporation, Annual General Meeting, May 15, 2025ValueHD Corporation, Annual General Meeting, May 15, 2025, at 14:30 China Standard Time. Location: The Company's Meeting Room, Shenzhen, Guangdong ChinaNew Risk • Apr 07New minor risk - Dividend sustainabilityThe dividend is not well covered by cash flows. Cash payout ratio: 161% Dividend yield: 0.6% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 1.8% per year over the past 5 years. Minor Risks Dividend is not well covered by cash flows (161% cash payout ratio). Large one-off items impacting financial results.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¥23.71, the stock trades at a trailing P/E ratio of 34.7x. Average trailing P/E is 75x in the Communications industry in China. Total loss to shareholders of 32% over the past year.공시 • Mar 31ValueHD Corporation to Report Q1, 2025 Results on Apr 23, 2025ValueHD Corporation announced that they will report Q1, 2025 results on Apr 23, 2025분석 기사 • Feb 10Investors Could Be Concerned With ValueHD's (SZSE:301318) Returns On CapitalIf you're looking for a multi-bagger, there's a few things to keep an eye out for. Firstly, we'd want to identify a...New Risk • Feb 07New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 8.6% 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 1.8% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (8.6% average weekly change). Large one-off items impacting financial results.분석 기사 • Jan 12Some ValueHD Corporation (SZSE:301318) Shareholders Look For Exit As Shares Take 26% PoundingValueHD Corporation ( SZSE:301318 ) shares have had a horrible month, losing 26% after a relatively good period...공시 • Dec 31ValueHD Corporation to Report Fiscal Year 2024 Results on Apr 23, 2025ValueHD Corporation announced that they will report fiscal year 2024 results on Apr 23, 2025New Risk • Oct 28New major risk - Revenue and earnings growthEarnings have declined by 1.8% 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 1.8% per year over the past 5 years. Minor Risk Large one-off items impacting financial results.Reported Earnings • Oct 28Third quarter 2024 earnings released: EPS: CN¥0.32 (vs CN¥0.25 in 3Q 2023)Third quarter 2024 results: EPS: CN¥0.32 (up from CN¥0.25 in 3Q 2023). Revenue: CN¥195.0m (up 34% from 3Q 2023). Net income: CN¥35.3m (up 8.8% from 3Q 2023). Profit margin: 18% (down from 22% in 3Q 2023).Valuation Update With 7 Day Price Move • Oct 02Investor sentiment improves as stock rises 23%After last week's 23% share price gain to CN¥31.18, the stock trades at a trailing P/E ratio of 47.1x. Average trailing P/E is 48x in the Communications industry in China. Total returns to shareholders of 32% over the past year.New Risk • Sep 30New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 7.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (7.0% average weekly change). Large one-off items impacting financial results.공시 • Sep 30ValueHD Corporation to Report Q3, 2024 Results on Oct 28, 2024ValueHD Corporation announced that they will report Q3, 2024 results on Oct 28, 2024분석 기사 • Sep 30Some Shareholders Feeling Restless Over ValueHD Corporation's (SZSE:301318) P/E RatioWhen close to half the companies in China have price-to-earnings ratios (or "P/E's") below 29x, you may consider...New Risk • Sep 17New major risk - Financial data availabilityThe company has not reported any financial data. This is considered a major risk. With no or incomplete audited reported financial data, it is virtually impossible to assess the company's investment potential. This is currently the only risk that has been identified for the company.Reported Earnings • Aug 29Second quarter 2024 earnings released: EPS: CN¥0.30 (vs CN¥0.19 in 2Q 2023)Second quarter 2024 results: EPS: CN¥0.30 (up from CN¥0.19 in 2Q 2023). Revenue: CN¥140.9m (up 24% from 2Q 2023). Net income: CN¥31.0m (up 18% from 2Q 2023). Profit margin: 22% (down from 23% in 2Q 2023).공시 • Jun 29ValueHD Corporation to Report First Half, 2024 Results on Aug 29, 2024ValueHD Corporation announced that they will report first half, 2024 results on Aug 29, 2024Valuation Update With 7 Day Price Move • May 23Investor sentiment deteriorates as stock falls 25%After last week's 25% share price decline to CN¥30.32, the stock trades at a trailing P/E ratio of 37.3x. Average trailing P/E is 54x in the Communications industry in China. Total loss to shareholders of 11% over the past year.분석 기사 • May 22ValueHD (SZSE:301318) Will Pay A Smaller Dividend Than Last YearValueHD Corporation ( SZSE:301318 ) has announced that on 24th of May, it will be paying a dividend ofCN¥0.20, which a...Declared Dividend • May 22Dividend of CN¥0.20 announcedShareholders will receive a dividend of CN¥0.20. Ex-date: 24th May 2024 Payment date: 24th May 2024 Dividend yield will be 0.5%, which is lower than the industry average of 1.2%. Sustainability & Growth Dividend is well covered by both earnings (24% earnings payout ratio) and cash flows (25% cash payout ratio). The dividend has decreased over the past 26 years, indicating a lack of growth and stability in payments. Earnings per share has grown by 6.0% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.분석 기사 • Apr 30ValueHD's (SZSE:301318) Weak Earnings May Only Reveal A Part Of The Whole PictureValueHD Corporation's ( SZSE:301318 ) stock showed strength, with investors undeterred by its weak earnings report...공시 • Apr 25ValueHD Corporation, Annual General Meeting, May 15, 2024ValueHD Corporation, Annual General Meeting, May 15, 2024, at 14:30 China Standard Time. Location: The Company's Meeting Room, Shenzhen, Guangdong ChinaReported Earnings • Apr 24First quarter 2024 earnings released: EPS: CN¥0.24 (vs CN¥0.19 in 1Q 2023)First quarter 2024 results: EPS: CN¥0.24 (up from CN¥0.19 in 1Q 2023). Revenue: CN¥116.3m (up 15% from 1Q 2023). Net income: CN¥21.9m (up 9.4% from 1Q 2023). Profit margin: 19% (down from 20% in 1Q 2023). The decrease in margin was driven by higher expenses.분석 기사 • Apr 17ValueHD Corporation's (SZSE:301318) Popularity With Investors Under Threat As Stock Sinks 30%ValueHD Corporation ( SZSE:301318 ) shares have retraced a considerable 30% in the last month, reversing a fair amount...Valuation Update With 7 Day Price Move • Apr 16Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to CN¥37.60, the stock trades at a trailing P/E ratio of 40.2x. Average trailing P/E is 45x in the Communications industry in China. Total returns to shareholders of 1.5% over the past year.분석 기사 • Apr 16Calculating The Fair Value Of ValueHD Corporation (SZSE:301318)Key Insights Using the 2 Stage Free Cash Flow to Equity, ValueHD fair value estimate is CN¥42.25 ValueHD's CN¥41.15...공시 • Mar 30ValueHD Corporation to Report Q1, 2024 Results on Apr 24, 2024ValueHD Corporation announced that they will report Q1, 2024 results on Apr 24, 2024분석 기사 • Feb 26ValueHD Corporation's (SZSE:301318) 132% Price Boost Is Out Of Tune With EarningsValueHD Corporation ( SZSE:301318 ) shareholders would be excited to see that the share price has had a great month...Buy Or Sell Opportunity • Feb 23Now 24% overvalued after recent price riseOver the last 90 days, the stock has risen 65% to CN¥51.67. The fair value is estimated to be CN¥41.55, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 7.9% over the last 3 years. Earnings per share has declined by 28%.Valuation Update With 7 Day Price Move • Feb 20Investor sentiment improves as stock rises 44%After last week's 44% share price gain to CN¥29.90, the stock trades at a trailing P/E ratio of 32x. Average trailing P/E is 41x in the Communications industry in China. Total loss to shareholders of 6.3% over the past year.New Risk • Feb 08New 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 10% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (10% average weekly change). Minor Risks Short dividend paying track record (1 year of continuous dividend payments). Large one-off items impacting financial results.Valuation Update With 7 Day Price Move • Feb 05Investor sentiment deteriorates as stock falls 28%After last week's 28% share price decline to CN¥18.63, the stock trades at a trailing P/E ratio of 19.9x. Average trailing P/E is 37x in the Communications industry in China. Total loss to shareholders of 41% over the past year.Valuation Update With 7 Day Price Move • Jan 22Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to CN¥27.16, the stock trades at a trailing P/E ratio of 29x. Average trailing P/E is 46x in the Communications industry in China. Total loss to shareholders of 10% over the past year.Buy Or Sell Opportunity • Jan 19Now 23% undervaluedOver the last 90 days, the stock has risen 2.5% to CN¥29.32. The fair value is estimated to be CN¥37.95, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 7.5% over the last 3 years. Earnings per share has declined by 27%.공시 • Dec 30+ 1 more updateValueHD Corporation to Report Fiscal Year 2023 Results on Apr 24, 2024ValueHD Corporation announced that they will report fiscal year 2023 results on Apr 24, 2024Reported Earnings • Oct 27Third quarter 2023 earnings released: EPS: CN¥0.32 (vs CN¥0.32 in 3Q 2022)Third quarter 2023 results: EPS: CN¥0.32 (up from CN¥0.32 in 3Q 2022). Revenue: CN¥145.4m (up 5.9% from 3Q 2022). Net income: CN¥32.4m (up 19% from 3Q 2022). Profit margin: 22% (up from 20% in 3Q 2022).공시 • Sep 30ValueHD Corporation to Report Q3, 2023 Results on Oct 27, 2023ValueHD Corporation announced that they will report Q3, 2023 results at 3:00 PM, China Standard Time on Oct 27, 2023New Risk • Sep 11New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 34% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Short dividend paying track record (1 year of continuous dividend payments). Large one-off items impacting financial results.Board Change • Sep 01Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 11 experienced directors. No highly experienced directors. Independent Director Dandong Chen was the last director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.Reported Earnings • Aug 30Second quarter 2023 earnings released: EPS: CN¥0.25 (vs CN¥1.94 in 2Q 2022)Second quarter 2023 results: EPS: CN¥0.25 (down from CN¥1.94 in 2Q 2022). Revenue: CN¥113.3m (down 38% from 2Q 2022). Net income: CN¥26.2m (down 49% from 2Q 2022). Profit margin: 23% (down from 28% in 2Q 2022).공시 • May 20ValueHD Corporation Approves the Cash Dividend for the Year 2022ValueHD Corporation approved the cash dividend of CNY 3.000 (tax included) per 10 shares for the year 2022, at the AGM held on May 18, 2023.Reported Earnings • Apr 26Full year 2022 earnings: EPS exceeds analyst expectationsFull year 2022 results: EPS: CN¥2.20 (down from CN¥2.88 in FY 2021). Revenue: CN¥604.6m (flat on FY 2021). Net income: CN¥127.1m (down 15% from FY 2021). Profit margin: 21% (down from 25% in FY 2021). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 5.3%. Revenue is forecast to grow 24% p.a. on average during the next 2 years, compared to a 18% growth forecast for the Communications industry in China.Valuation Update With 7 Day Price Move • Apr 25Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to CN¥46.50, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 26x in the Communications industry in China.Valuation Update With 7 Day Price Move • Mar 14Investor sentiment improves as stock rises 17%After last week's 17% share price gain to CN¥56.06, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 25x in the Communications industry in China.Board Change • Nov 16High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Non-Independent Director Ying Yang was the last director to join the board, commencing their role in 2022. 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¥0.47 (vs CN¥0.61 in 3Q 2021)Third quarter 2022 results: EPS: CN¥0.47 (down from CN¥0.61 in 3Q 2021). Revenue: CN¥137.4m (down 4.3% from 3Q 2021). Net income: CN¥27.2m (down 14% from 3Q 2021). Profit margin: 20% (down from 22% in 3Q 2021). The decrease in margin was driven by lower revenue.Valuation Update With 7 Day Price Move • Oct 17Investor sentiment improved over the past weekAfter last week's 19% share price gain to CN¥49.91, the stock trades at a trailing P/E ratio of 24x. Average trailing P/E is 33x in the Communications industry in China.공시 • Oct 12Valuehd Corporation Announces Executive AppointmentsValueHD Corporation at its EGM held on 10 October 2022 appointed Yang Ying as non-independent director. Appointed Chen Dandong, Chen Youchun and Liu Chao as independent directors. Chu Wen appointed as non-employee supervisors.공시 • Sep 16Valuehd Corporation Approves Profit Distribution for the First Half of 2022, Payable on 22 September 2022ValueHD Corporation in its 4th Extraordinary General Meeting of 2022 on 09 September 2022 approved the profit distribution for the first half of 2022. Cash dividend/10 shares (tax included) of CNY 5.00000000. Record date is 21 September 2022; Ex-date is 22 September 2022; and Payment date is 22 September 2022.공시 • Aug 26ValueHD Corporation Announces Profit Distribution Proposal for the First Half of 2022ValueHD Corporation announced on 25 August 2022 the profit distribution proposal for the first half of 2022. Cash dividend/10 shares (tax included) of CNY 5.00000000.Reported Earnings • Aug 26First half 2022 earnings released: EPS: CN¥1.56 (vs CN¥1.66 in 1H 2021)First half 2022 results: EPS: CN¥1.56 (down from CN¥1.66 in 1H 2021). Revenue: CN¥310.2m (flat on 1H 2021). Net income: CN¥81.1m (down 6.2% from 1H 2021). Profit margin: 26% (down from 28% in 1H 2021).매출 및 비용 세부 내역ValueHD가 돈을 벌고 사용하는 방법. 최근 발표된 LTM 실적 기준.순이익 및 매출 추이SZSE:301318 매출, 비용 및 순이익 (CNY Millions)날짜매출순이익일반관리비연구개발비31 Mar 266824713010331 Dec 257188513410330 Sep 2573912214810130 Jun 257701371479931 Mar 257481451399731 Dec 246711241339630 Sep 24581921149730 Jun 24531891059831 Mar 24503841029831 Dec 2348882969430 Sep 2351798899430 Jun 2350992898831 Mar 23578117868201 Jan 23605127847730 Sep 22598133787130 Jun 22597144716931 Mar 22572137646601 Jan 22600150626430 Sep 21687156926030 Jun 21780196875531 Mar 21725182825331 Dec 20670168725030 Sep 20514152354130 Jun 2036591394331 Mar 2032571444131 Dec 1928551474130 Sep 1927047473730 Jun 1925645463431 Mar 1923848393131 Dec 1821850322930 Sep 1820845353030 Jun 1819841343131 Mar 1818538352501 Jan 1817133371930 Sep 1715332331030 Jun 171353032031 Mar 171272531031 Dec 161192129031 Dec 15839180양질의 수익: 301318는 고품질 수익을 보유하고 있습니다.이익 마진 증가: 301318의 현재 순 이익률 (6.9%)은 지난해 (19.4%)보다 낮습니다.잉여현금흐름 대비 순이익 분석과거 순이익 성장 분석수익추이: 301318의 수익은 지난 5년 동안 연평균 13.4% 감소했습니다.성장 가속화: 301318은 지난 1년 동안 수익이 감소하여 5년 평균과 비교할 수 없습니다.수익 대 산업: 301318은 지난 1년 동안 수익이 감소(-67.5%)하여 Communications 업계 평균(5.9%)과 비교하기 어렵습니다.자기자본이익률높은 ROE: 301318의 자본 수익률(2.5%)은 낮음으로 평가됩니다.총자산이익률투하자본수익률우수한 과거 실적 기업을 찾아보세요7D1Y7D1Y7D1YTech 산업에서 과거 실적이 우수한 기업.View Financial Health기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/21 13:56종가2026/05/21 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 소스ValueHD Corporation는 1명의 분석가가 다루고 있습니다. 이 중 0명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Jian PanTianfeng Securities Brokerage Co., Ltd
Reported Earnings • Apr 25First quarter 2026 earnings released: EPS: CN¥0.03 (vs CN¥0.31 in 1Q 2025)First quarter 2026 results: EPS: CN¥0.03 (down from CN¥0.31 in 1Q 2025). Revenue: CN¥156.5m (down 19% from 1Q 2025). Net income: CN¥3.92m (down 91% from 1Q 2025). Profit margin: 2.5% (down from 22% in 1Q 2025). The decrease in margin was primarily driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings.
공시 • Mar 31ValueHD Corporation to Report Q1, 2026 Results on Apr 25, 2026ValueHD Corporation announced that they will report Q1, 2026 results on Apr 25, 2026
공시 • Dec 31ValueHD Corporation to Report Fiscal Year 2025 Results on Apr 25, 2026ValueHD Corporation announced that they will report fiscal year 2025 results on Apr 25, 2026
Reported Earnings • Oct 30Third quarter 2025 earnings released: EPS: CN¥0.15 (vs CN¥0.32 in 3Q 2024)Third quarter 2025 results: EPS: CN¥0.15 (down from CN¥0.32 in 3Q 2024). Revenue: CN¥164.7m (down 16% from 3Q 2024). Net income: CN¥20.0m (down 43% from 3Q 2024). Profit margin: 12% (down from 18% in 3Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.
공시 • Sep 30ValueHD Corporation to Report Q3, 2025 Results on Oct 29, 2025ValueHD Corporation announced that they will report Q3, 2025 results on Oct 29, 2025
Reported Earnings • Aug 18Second quarter 2025 earnings released: EPS: CN¥0.18 (vs CN¥0.30 in 2Q 2024)Second quarter 2025 results: EPS: CN¥0.18 (down from CN¥0.30 in 2Q 2024). Revenue: CN¥162.8m (up 16% from 2Q 2024). Net income: CN¥23.7m (down 24% from 2Q 2024). Profit margin: 14% (down from 22% 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 13% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings.
공시 • May 19ValueHD Corporation (SZSE:301318) announces an Equity Buyback for CNY 50 million worth of its shares.ValueHD Corporation (SZSE:301318 announces a share repurchase program. Under the program, the company will repurchase up to CNY 50 million worth of its Class A shares. The shares will be repurchased at no more than CNY 38.33 per share. The purpose of the program is to use the repurchased shares for ESOP or equity incentives and shares not used within 3 years after the completion of the repurchase will be cancelled. Repurchases will be funded from excess funds from IPO. The plan will be valid for 12 months from the company's board approval date.
Reported Earnings • Apr 25First quarter 2026 earnings released: EPS: CN¥0.03 (vs CN¥0.31 in 1Q 2025)First quarter 2026 results: EPS: CN¥0.03 (down from CN¥0.31 in 1Q 2025). Revenue: CN¥156.5m (down 19% from 1Q 2025). Net income: CN¥3.92m (down 91% from 1Q 2025). Profit margin: 2.5% (down from 22% in 1Q 2025). The decrease in margin was primarily driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings.
공시 • Apr 25ValueHD Corporation, Annual General Meeting, May 18, 2026ValueHD Corporation, Annual General Meeting, May 18, 2026, at 14:30 China Standard Time. Location: 3F, Building 2, Honghui Industrial Park, Xin'an Subdistrict, Bao'an District, Shenzhen, Guangdong China
공시 • Mar 31ValueHD Corporation to Report Q1, 2026 Results on Apr 25, 2026ValueHD Corporation announced that they will report Q1, 2026 results on Apr 25, 2026
공시 • Dec 31ValueHD Corporation to Report Fiscal Year 2025 Results on Apr 25, 2026ValueHD Corporation announced that they will report fiscal year 2025 results on Apr 25, 2026
Reported Earnings • Oct 30Third quarter 2025 earnings released: EPS: CN¥0.15 (vs CN¥0.32 in 3Q 2024)Third quarter 2025 results: EPS: CN¥0.15 (down from CN¥0.32 in 3Q 2024). Revenue: CN¥164.7m (down 16% from 3Q 2024). Net income: CN¥20.0m (down 43% from 3Q 2024). Profit margin: 12% (down from 18% in 3Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.
공시 • Sep 30ValueHD Corporation to Report Q3, 2025 Results on Oct 29, 2025ValueHD Corporation announced that they will report Q3, 2025 results on Oct 29, 2025
Reported Earnings • Aug 18Second quarter 2025 earnings released: EPS: CN¥0.18 (vs CN¥0.30 in 2Q 2024)Second quarter 2025 results: EPS: CN¥0.18 (down from CN¥0.30 in 2Q 2024). Revenue: CN¥162.8m (up 16% from 2Q 2024). Net income: CN¥23.7m (down 24% from 2Q 2024). Profit margin: 14% (down from 22% 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 13% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings.
공시 • Jul 02ValueHD Corporation to Report First Half, 2025 Results on Aug 15, 2025ValueHD Corporation announced that they will report first half, 2025 results on Aug 15, 2025
Declared Dividend • May 28Dividend of CN¥0.38 announcedShareholders will receive a dividend of CN¥0.38. Ex-date: 3rd June 2025 Payment date: 3rd June 2025 Dividend yield will be 1.2%, which is about the same as the industry average. Sustainability & Growth Dividend is covered by both earnings (18% earnings payout ratio) and cash flows (62% cash payout ratio). The dividend has decreased over the past 36 years, indicating a lack of growth and stability in payments. Earnings per share has grown by 8.1% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
공시 • Apr 25ValueHD Proposes Final Cash Dividend for 2024ValueHD announced on 23 April 2025 the profit distribution proposal of CNY 3.75000000 Cash dividend per ten shares (tax included) for 2024.
Reported Earnings • Apr 24First quarter 2025 earnings released: EPS: CN¥0.31 (vs CN¥0.18 in 1Q 2024)First quarter 2025 results: EPS: CN¥0.31 (up from CN¥0.18 in 1Q 2024). Revenue: CN¥193.1m (up 66% from 1Q 2024). Net income: CN¥42.3m (up 93% from 1Q 2024). Profit margin: 22% (up from 19% in 1Q 2024). The increase in margin was driven by higher revenue.
Valuation Update With 7 Day Price Move • Apr 23Investor sentiment improves as stock rises 17%After last week's 17% share price gain to CN¥30.60, the stock trades at a trailing P/E ratio of 44.8x. Average trailing P/E is 76x in the Communications industry in China. Total loss to shareholders of 4.3% over the past year.
공시 • Apr 23ValueHD Corporation, Annual General Meeting, May 15, 2025ValueHD Corporation, Annual General Meeting, May 15, 2025, at 14:30 China Standard Time. Location: The Company's Meeting Room, Shenzhen, Guangdong China
New Risk • Apr 07New minor risk - Dividend sustainabilityThe dividend is not well covered by cash flows. Cash payout ratio: 161% Dividend yield: 0.6% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 1.8% per year over the past 5 years. Minor Risks Dividend is not well covered by cash flows (161% cash payout ratio). Large one-off items impacting financial results.
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¥23.71, the stock trades at a trailing P/E ratio of 34.7x. Average trailing P/E is 75x in the Communications industry in China. Total loss to shareholders of 32% over the past year.
공시 • Mar 31ValueHD Corporation to Report Q1, 2025 Results on Apr 23, 2025ValueHD Corporation announced that they will report Q1, 2025 results on Apr 23, 2025
분석 기사 • Feb 10Investors Could Be Concerned With ValueHD's (SZSE:301318) Returns On CapitalIf you're looking for a multi-bagger, there's a few things to keep an eye out for. Firstly, we'd want to identify a...
New Risk • Feb 07New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 8.6% 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 1.8% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (8.6% average weekly change). Large one-off items impacting financial results.
분석 기사 • Jan 12Some ValueHD Corporation (SZSE:301318) Shareholders Look For Exit As Shares Take 26% PoundingValueHD Corporation ( SZSE:301318 ) shares have had a horrible month, losing 26% after a relatively good period...
공시 • Dec 31ValueHD Corporation to Report Fiscal Year 2024 Results on Apr 23, 2025ValueHD Corporation announced that they will report fiscal year 2024 results on Apr 23, 2025
New Risk • Oct 28New major risk - Revenue and earnings growthEarnings have declined by 1.8% 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 1.8% per year over the past 5 years. Minor Risk Large one-off items impacting financial results.
Reported Earnings • Oct 28Third quarter 2024 earnings released: EPS: CN¥0.32 (vs CN¥0.25 in 3Q 2023)Third quarter 2024 results: EPS: CN¥0.32 (up from CN¥0.25 in 3Q 2023). Revenue: CN¥195.0m (up 34% from 3Q 2023). Net income: CN¥35.3m (up 8.8% from 3Q 2023). Profit margin: 18% (down from 22% in 3Q 2023).
Valuation Update With 7 Day Price Move • Oct 02Investor sentiment improves as stock rises 23%After last week's 23% share price gain to CN¥31.18, the stock trades at a trailing P/E ratio of 47.1x. Average trailing P/E is 48x in the Communications industry in China. Total returns to shareholders of 32% over the past year.
New Risk • Sep 30New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 7.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (7.0% average weekly change). Large one-off items impacting financial results.
공시 • Sep 30ValueHD Corporation to Report Q3, 2024 Results on Oct 28, 2024ValueHD Corporation announced that they will report Q3, 2024 results on Oct 28, 2024
분석 기사 • Sep 30Some Shareholders Feeling Restless Over ValueHD Corporation's (SZSE:301318) P/E RatioWhen close to half the companies in China have price-to-earnings ratios (or "P/E's") below 29x, you may consider...
New Risk • Sep 17New major risk - Financial data availabilityThe company has not reported any financial data. This is considered a major risk. With no or incomplete audited reported financial data, it is virtually impossible to assess the company's investment potential. This is currently the only risk that has been identified for the company.
Reported Earnings • Aug 29Second quarter 2024 earnings released: EPS: CN¥0.30 (vs CN¥0.19 in 2Q 2023)Second quarter 2024 results: EPS: CN¥0.30 (up from CN¥0.19 in 2Q 2023). Revenue: CN¥140.9m (up 24% from 2Q 2023). Net income: CN¥31.0m (up 18% from 2Q 2023). Profit margin: 22% (down from 23% in 2Q 2023).
공시 • Jun 29ValueHD Corporation to Report First Half, 2024 Results on Aug 29, 2024ValueHD Corporation announced that they will report first half, 2024 results on Aug 29, 2024
Valuation Update With 7 Day Price Move • May 23Investor sentiment deteriorates as stock falls 25%After last week's 25% share price decline to CN¥30.32, the stock trades at a trailing P/E ratio of 37.3x. Average trailing P/E is 54x in the Communications industry in China. Total loss to shareholders of 11% over the past year.
분석 기사 • May 22ValueHD (SZSE:301318) Will Pay A Smaller Dividend Than Last YearValueHD Corporation ( SZSE:301318 ) has announced that on 24th of May, it will be paying a dividend ofCN¥0.20, which a...
Declared Dividend • May 22Dividend of CN¥0.20 announcedShareholders will receive a dividend of CN¥0.20. Ex-date: 24th May 2024 Payment date: 24th May 2024 Dividend yield will be 0.5%, which is lower than the industry average of 1.2%. Sustainability & Growth Dividend is well covered by both earnings (24% earnings payout ratio) and cash flows (25% cash payout ratio). The dividend has decreased over the past 26 years, indicating a lack of growth and stability in payments. Earnings per share has grown by 6.0% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
분석 기사 • Apr 30ValueHD's (SZSE:301318) Weak Earnings May Only Reveal A Part Of The Whole PictureValueHD Corporation's ( SZSE:301318 ) stock showed strength, with investors undeterred by its weak earnings report...
공시 • Apr 25ValueHD Corporation, Annual General Meeting, May 15, 2024ValueHD Corporation, Annual General Meeting, May 15, 2024, at 14:30 China Standard Time. Location: The Company's Meeting Room, Shenzhen, Guangdong China
Reported Earnings • Apr 24First quarter 2024 earnings released: EPS: CN¥0.24 (vs CN¥0.19 in 1Q 2023)First quarter 2024 results: EPS: CN¥0.24 (up from CN¥0.19 in 1Q 2023). Revenue: CN¥116.3m (up 15% from 1Q 2023). Net income: CN¥21.9m (up 9.4% from 1Q 2023). Profit margin: 19% (down from 20% in 1Q 2023). The decrease in margin was driven by higher expenses.
분석 기사 • Apr 17ValueHD Corporation's (SZSE:301318) Popularity With Investors Under Threat As Stock Sinks 30%ValueHD Corporation ( SZSE:301318 ) shares have retraced a considerable 30% in the last month, reversing a fair amount...
Valuation Update With 7 Day Price Move • Apr 16Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to CN¥37.60, the stock trades at a trailing P/E ratio of 40.2x. Average trailing P/E is 45x in the Communications industry in China. Total returns to shareholders of 1.5% over the past year.
분석 기사 • Apr 16Calculating The Fair Value Of ValueHD Corporation (SZSE:301318)Key Insights Using the 2 Stage Free Cash Flow to Equity, ValueHD fair value estimate is CN¥42.25 ValueHD's CN¥41.15...
공시 • Mar 30ValueHD Corporation to Report Q1, 2024 Results on Apr 24, 2024ValueHD Corporation announced that they will report Q1, 2024 results on Apr 24, 2024
분석 기사 • Feb 26ValueHD Corporation's (SZSE:301318) 132% Price Boost Is Out Of Tune With EarningsValueHD Corporation ( SZSE:301318 ) shareholders would be excited to see that the share price has had a great month...
Buy Or Sell Opportunity • Feb 23Now 24% overvalued after recent price riseOver the last 90 days, the stock has risen 65% to CN¥51.67. The fair value is estimated to be CN¥41.55, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 7.9% over the last 3 years. Earnings per share has declined by 28%.
Valuation Update With 7 Day Price Move • Feb 20Investor sentiment improves as stock rises 44%After last week's 44% share price gain to CN¥29.90, the stock trades at a trailing P/E ratio of 32x. Average trailing P/E is 41x in the Communications industry in China. Total loss to shareholders of 6.3% over the past year.
New Risk • Feb 08New 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 10% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (10% average weekly change). Minor Risks Short dividend paying track record (1 year of continuous dividend payments). Large one-off items impacting financial results.
Valuation Update With 7 Day Price Move • Feb 05Investor sentiment deteriorates as stock falls 28%After last week's 28% share price decline to CN¥18.63, the stock trades at a trailing P/E ratio of 19.9x. Average trailing P/E is 37x in the Communications industry in China. Total loss to shareholders of 41% over the past year.
Valuation Update With 7 Day Price Move • Jan 22Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to CN¥27.16, the stock trades at a trailing P/E ratio of 29x. Average trailing P/E is 46x in the Communications industry in China. Total loss to shareholders of 10% over the past year.
Buy Or Sell Opportunity • Jan 19Now 23% undervaluedOver the last 90 days, the stock has risen 2.5% to CN¥29.32. The fair value is estimated to be CN¥37.95, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 7.5% over the last 3 years. Earnings per share has declined by 27%.
공시 • Dec 30+ 1 more updateValueHD Corporation to Report Fiscal Year 2023 Results on Apr 24, 2024ValueHD Corporation announced that they will report fiscal year 2023 results on Apr 24, 2024
Reported Earnings • Oct 27Third quarter 2023 earnings released: EPS: CN¥0.32 (vs CN¥0.32 in 3Q 2022)Third quarter 2023 results: EPS: CN¥0.32 (up from CN¥0.32 in 3Q 2022). Revenue: CN¥145.4m (up 5.9% from 3Q 2022). Net income: CN¥32.4m (up 19% from 3Q 2022). Profit margin: 22% (up from 20% in 3Q 2022).
공시 • Sep 30ValueHD Corporation to Report Q3, 2023 Results on Oct 27, 2023ValueHD Corporation announced that they will report Q3, 2023 results at 3:00 PM, China Standard Time on Oct 27, 2023
New Risk • Sep 11New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 34% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Short dividend paying track record (1 year of continuous dividend payments). Large one-off items impacting financial results.
Board Change • Sep 01Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 11 experienced directors. No highly experienced directors. Independent Director Dandong Chen was the last director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.
Reported Earnings • Aug 30Second quarter 2023 earnings released: EPS: CN¥0.25 (vs CN¥1.94 in 2Q 2022)Second quarter 2023 results: EPS: CN¥0.25 (down from CN¥1.94 in 2Q 2022). Revenue: CN¥113.3m (down 38% from 2Q 2022). Net income: CN¥26.2m (down 49% from 2Q 2022). Profit margin: 23% (down from 28% in 2Q 2022).
공시 • May 20ValueHD Corporation Approves the Cash Dividend for the Year 2022ValueHD Corporation approved the cash dividend of CNY 3.000 (tax included) per 10 shares for the year 2022, at the AGM held on May 18, 2023.
Reported Earnings • Apr 26Full year 2022 earnings: EPS exceeds analyst expectationsFull year 2022 results: EPS: CN¥2.20 (down from CN¥2.88 in FY 2021). Revenue: CN¥604.6m (flat on FY 2021). Net income: CN¥127.1m (down 15% from FY 2021). Profit margin: 21% (down from 25% in FY 2021). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 5.3%. Revenue is forecast to grow 24% p.a. on average during the next 2 years, compared to a 18% growth forecast for the Communications industry in China.
Valuation Update With 7 Day Price Move • Apr 25Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to CN¥46.50, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 26x in the Communications industry in China.
Valuation Update With 7 Day Price Move • Mar 14Investor sentiment improves as stock rises 17%After last week's 17% share price gain to CN¥56.06, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 25x in the Communications industry in China.
Board Change • Nov 16High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Non-Independent Director Ying Yang was the last director to join the board, commencing their role in 2022. 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¥0.47 (vs CN¥0.61 in 3Q 2021)Third quarter 2022 results: EPS: CN¥0.47 (down from CN¥0.61 in 3Q 2021). Revenue: CN¥137.4m (down 4.3% from 3Q 2021). Net income: CN¥27.2m (down 14% from 3Q 2021). Profit margin: 20% (down from 22% in 3Q 2021). The decrease in margin was driven by lower revenue.
Valuation Update With 7 Day Price Move • Oct 17Investor sentiment improved over the past weekAfter last week's 19% share price gain to CN¥49.91, the stock trades at a trailing P/E ratio of 24x. Average trailing P/E is 33x in the Communications industry in China.
공시 • Oct 12Valuehd Corporation Announces Executive AppointmentsValueHD Corporation at its EGM held on 10 October 2022 appointed Yang Ying as non-independent director. Appointed Chen Dandong, Chen Youchun and Liu Chao as independent directors. Chu Wen appointed as non-employee supervisors.
공시 • Sep 16Valuehd Corporation Approves Profit Distribution for the First Half of 2022, Payable on 22 September 2022ValueHD Corporation in its 4th Extraordinary General Meeting of 2022 on 09 September 2022 approved the profit distribution for the first half of 2022. Cash dividend/10 shares (tax included) of CNY 5.00000000. Record date is 21 September 2022; Ex-date is 22 September 2022; and Payment date is 22 September 2022.
공시 • Aug 26ValueHD Corporation Announces Profit Distribution Proposal for the First Half of 2022ValueHD Corporation announced on 25 August 2022 the profit distribution proposal for the first half of 2022. Cash dividend/10 shares (tax included) of CNY 5.00000000.
Reported Earnings • Aug 26First half 2022 earnings released: EPS: CN¥1.56 (vs CN¥1.66 in 1H 2021)First half 2022 results: EPS: CN¥1.56 (down from CN¥1.66 in 1H 2021). Revenue: CN¥310.2m (flat on 1H 2021). Net income: CN¥81.1m (down 6.2% from 1H 2021). Profit margin: 26% (down from 28% in 1H 2021).