Techshine ElectronicsLtd (301379) 주식 개요테크샤인 일렉트로닉스는 중국에서 LCD 액정 디스플레이, LCM 흑백 모듈, TFT 컬러 스크린 모듈의 연구 개발, 설계, 생산 및 판매에 종사하고 있습니다. 자세히 보기301379 펀더멘털 분석스노우플레이크 점수가치 평가2/6미래 성장0/6과거 실적2/6재무 건전성5/6배당2/6강점가격 대비 수익 비율(53.9x)은 Electronic 업계 평균(81.5x)보다 낮습니다.위험 분석지난 3개월 동안 주가 변동성이 CN 시장과 비교했을 때 매우 높았습니다.이익 마진 (6.9%)이 지난해 (10.2%)보다 낮습니다.0.58% 의 배당금은 잉여현금흐름으로 잘 충당되지 않습니다.모든 위험 점검 보기301379 Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.Your Fair ValueCN¥Current PriceCN¥24.7959.3% 고평가 내재 할인율Growth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture02b2016201920222025202620282031Revenue CN¥1.8bEarnings CN¥125.8mAdvancedSet Fair ValueView all narrativesTechshine Electronics Co.,Ltd. 경쟁사Ji'an Mankun TechnologySymbol: SZSE:301132Market cap: CN¥7.0bCamelot Electronics TechnologyLtdSymbol: SZSE:301282Market cap: CN¥6.3bAnhui Tongfeng ElectronicsSymbol: SHSE:600237Market cap: CN¥7.7bCubic Sensor and InstrumentLtdSymbol: SHSE:688665Market cap: CN¥6.2b가격 이력 및 성과Techshine ElectronicsLtd 주가의 최고가, 최저가 및 변동 요약과거 주가현재 주가CN¥24.7952주 최고가CN¥30.2152주 최저가CN¥16.13베타1.21개월 변동5.39%3개월 변동40.85%1년 변동23.07%3년 변동157.18%5년 변동n/aIPO 이후 변동111.91%최근 뉴스 및 업데이트Valuation Update With 7 Day Price Move • Jun 04Investor sentiment improves as stock rises 17%After last week's 17% share price gain to CN¥37.70, the stock trades at a trailing P/E ratio of 58.6x. Average trailing P/E is 74x in the Electronic industry in China. Total returns to shareholders of 181% over the past three years.Board Change • Jun 01Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 8 experienced directors. No highly experienced directors. Non-Employee Supervisor Yujuan Lao was the last director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.Declared Dividend • May 30Dividend of CN¥0.20 announcedShareholders will receive a dividend of CN¥0.20. Ex-date: 5th June 2026 Payment date: 5th June 2026 Dividend yield will be 0.7%, which is lower than the industry average of 1.8%. Sustainability & Growth Dividend is covered by earnings (31% 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 36 years, indicating a lack of growth and stability in payments. Earnings per share has grown by 15% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.New Risk • May 19New 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 9.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (9.8% average weekly change). Profit margins are more than 30% lower than last year (6.9% net profit margin).Valuation Update With 7 Day Price Move • May 19Investor sentiment improves as stock rises 32%After last week's 32% share price gain to CN¥37.66, the stock trades at a trailing P/E ratio of 58.5x. Average trailing P/E is 74x in the Electronic industry in China. Total returns to shareholders of 185% over the past three years.New Risk • Apr 28New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 6.9% Last year net profit margin: 10% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (6.9% net profit margin).더 많은 업데이트 보기Recent updatesValuation Update With 7 Day Price Move • Jun 04Investor sentiment improves as stock rises 17%After last week's 17% share price gain to CN¥37.70, the stock trades at a trailing P/E ratio of 58.6x. Average trailing P/E is 74x in the Electronic industry in China. Total returns to shareholders of 181% over the past three years.Board Change • Jun 01Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 8 experienced directors. No highly experienced directors. Non-Employee Supervisor Yujuan Lao was the last director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.Declared Dividend • May 30Dividend of CN¥0.20 announcedShareholders will receive a dividend of CN¥0.20. Ex-date: 5th June 2026 Payment date: 5th June 2026 Dividend yield will be 0.7%, which is lower than the industry average of 1.8%. Sustainability & Growth Dividend is covered by earnings (31% 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 36 years, indicating a lack of growth and stability in payments. Earnings per share has grown by 15% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.New Risk • May 19New 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 9.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (9.8% average weekly change). Profit margins are more than 30% lower than last year (6.9% net profit margin).Valuation Update With 7 Day Price Move • May 19Investor sentiment improves as stock rises 32%After last week's 32% share price gain to CN¥37.66, the stock trades at a trailing P/E ratio of 58.5x. Average trailing P/E is 74x in the Electronic industry in China. Total returns to shareholders of 185% over the past three years.New Risk • Apr 28New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 6.9% Last year net profit margin: 10% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (6.9% net profit margin).Reported Earnings • Apr 27Full year 2025 earnings released: EPS: CN¥0.73 (vs CN¥0.76 in FY 2024)Full year 2025 results: EPS: CN¥0.73 (down from CN¥0.76 in FY 2024). Revenue: CN¥1.79b (up 21% from FY 2024). Net income: CN¥142.0m (down 5.6% from FY 2024). Profit margin: 7.9% (down from 10% in FY 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 31% p.a. on average during the next 2 years, compared to a 23% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has increased by 27% per year, which means it is tracking significantly ahead of earnings growth.공시 • Apr 27Techshine Electronics Co.,Ltd., Annual General Meeting, May 22, 2026Techshine Electronics Co.,Ltd., Annual General Meeting, May 22, 2026, at 14:30 China Standard Time. Location: 18F, Building 1, Qianhai Science and Technology Park, Xixiang Subdistrict, Bao'an District, Shenzhen, Guangdong China공시 • Mar 31Techshine Electronics Co.,Ltd. to Report Q1, 2026 Results on Apr 27, 2026Techshine Electronics Co.,Ltd. announced that they will report Q1, 2026 results on Apr 27, 2026공시 • Dec 31Techshine Electronics Co.,Ltd. to Report Fiscal Year 2025 Results on Apr 27, 2026Techshine Electronics Co.,Ltd. announced that they will report fiscal year 2025 results on Apr 27, 2026New Risk • Nov 12New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Chinese stocks, typically moving 9.4% 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 (9.4% average weekly change). High level of non-cash earnings (37% accrual ratio). Minor Risk Paying a dividend despite having no free cash flows.Reported Earnings • Oct 29Third quarter 2025 earnings released: EPS: CN¥0.20 (vs CN¥0.20 in 3Q 2024)Third quarter 2025 results: EPS: CN¥0.20 (down from CN¥0.20 in 3Q 2024). Revenue: CN¥482.7m (up 21% from 3Q 2024). Net income: CN¥38.0m (down 4.8% from 3Q 2024). Profit margin: 7.9% (down from 10.0% in 3Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 30% p.a. on average during the next 3 years, compared to a 22% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has increased by 22% per year, which means it is tracking significantly ahead of earnings growth.공시 • Sep 30Techshine Electronics Co.,Ltd. to Report Q3, 2025 Results on Oct 29, 2025Techshine Electronics Co.,Ltd. announced that they will report Q3, 2025 results on Oct 29, 2025Valuation Update With 7 Day Price Move • Sep 19Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CN¥29.54, the stock trades at a trailing P/E ratio of 35.9x. Average trailing P/E is 62x in the Electronic industry in China. Total returns to shareholders of 168% over the past year.New Risk • Sep 02New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 6.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (23% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (6.8% average weekly change).공시 • Jul 02Techshine Electronics Co.,Ltd. to Report First Half, 2025 Results on Aug 28, 2025Techshine Electronics Co.,Ltd. announced that they will report first half, 2025 results on Aug 28, 2025Valuation Update With 7 Day Price Move • Jun 22Investor sentiment improves as stock rises 21%After last week's 21% share price gain to CN¥26.50, the stock trades at a trailing P/E ratio of 31.9x. Average trailing P/E is 47x in the Electronic industry in China. Total returns to shareholders of 110% over the past year.Declared Dividend • May 31Dividend of CN¥0.40 announcedShareholders will receive a dividend of CN¥0.40. Ex-date: 5th June 2025 Payment date: 5th June 2025 Dividend yield will be 1.5%, which is lower than the industry average of 1.8%. Sustainability & Growth Dividend is covered by earnings (35% 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 26 years, indicating a lack of growth and stability in payments. Earnings per share has grown by 26% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.공시 • May 27Techshine Electronics Co.,Ltd. Approves Cash Dividend for 2024Techshine Electronics Co.,Ltd. at its Annual General Meeting of 2024 on 23 May 2025, approved Cash dividend (tax included): CNY 4.00000000 per ten shares for 2024.New Risk • May 02New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 23% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (11% average weekly change). High level of non-cash earnings (23% accrual ratio). Minor Risk Paying a dividend despite having no free cash flows.공시 • Apr 23Techshine Electronics Co.,Ltd. Proposes Final Cash Dividend for 2024Techshine Electronics Co.,Ltd. proposed final cash dividend of CNY 4.00000000 per 10 shares (tax included) for 2024.공시 • Apr 22Techshine Electronics Co.,Ltd., Annual General Meeting, May 23, 2025Techshine Electronics Co.,Ltd., Annual General Meeting, May 23, 2025, at 14:30 China Standard Time. Location: 18F, Building 1, Qianhai Science and Technology Park, Xixiang Subdistrict, Bao'an District, Shenzhen, Guangdong ChinaValuation Update With 7 Day Price Move • Apr 07Investor sentiment deteriorates as stock falls 23%After last week's 23% share price decline to CN¥22.18, the stock trades at a trailing P/E ratio of 20.9x. Average trailing P/E is 48x in the Electronic industry in China. Total returns to shareholders of 37% over the past year.공시 • Mar 31Techshine Electronics Co.,Ltd. to Report Q1, 2025 Results on Apr 28, 2025Techshine Electronics Co.,Ltd. announced that they will report Q1, 2025 results on Apr 28, 2025New Risk • Mar 10New 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 8.2% 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 Dividend is not well covered by cash flows (116% cash payout ratio). Share price has been volatile over the past 3 months (8.2% average weekly change).Valuation Update With 7 Day Price Move • Mar 07Investor sentiment improves as stock rises 24%After last week's 24% share price gain to CN¥30.99, the stock trades at a trailing P/E ratio of 29.2x. Average trailing P/E is 53x in the Electronic industry in China. Total returns to shareholders of 94% over the past year.분석 기사 • Mar 06Techshine Electronics Co.,Ltd.'s (SZSE:301379) Shares Bounce 27% But Its Business Still Trails The MarketDespite an already strong run, Techshine Electronics Co.,Ltd. ( SZSE:301379 ) shares have been powering on, with a gain...Reported Earnings • Feb 27Full year 2024 earnings released: EPS: CN¥1.06 (vs CN¥0.76 in FY 2023)Full year 2024 results: EPS: CN¥1.06 (up from CN¥0.76 in FY 2023). Revenue: CN¥1.48b (up 17% from FY 2023). Net income: CN¥150.4m (up 40% from FY 2023). Profit margin: 10% (up from 8.5% in FY 2023). The increase in margin was driven by higher revenue.분석 기사 • Feb 17Does Techshine ElectronicsLtd (SZSE:301379) Deserve A Spot On Your Watchlist?It's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story...Valuation Update With 7 Day Price Move • Feb 11Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CN¥24.35, the stock trades at a trailing P/E ratio of 27.6x. Average trailing P/E is 50x in the Electronic industry in China. Total returns to shareholders of 89% over the past year.Valuation Update With 7 Day Price Move • Jan 20Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CN¥21.96, the stock trades at a trailing P/E ratio of 24.9x. Average trailing P/E is 46x in the Electronic industry in China. Total returns to shareholders of 31% over the past year.공시 • Dec 31Techshine Electronics Co.,Ltd. to Report Fiscal Year 2024 Results on Apr 22, 2025Techshine Electronics Co.,Ltd. announced that they will report fiscal year 2024 results on Apr 22, 2025분석 기사 • Nov 05Investors Shouldn't Be Too Comfortable With Techshine ElectronicsLtd's (SZSE:301379) EarningsTechshine Electronics Co.,Ltd.'s ( SZSE:301379 ) robust earnings report didn't manage to move the market for its stock...New Risk • Nov 01New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 25% 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 Dividend is not well covered by cash flows (116% cash payout ratio). Large one-off items impacting financial results.Reported Earnings • Oct 29Third quarter 2024 earnings released: EPS: CN¥0.28 (vs CN¥0.18 in 3Q 2023)Third quarter 2024 results: EPS: CN¥0.28 (up from CN¥0.18 in 3Q 2023). Revenue: CN¥398.2m (up 24% from 3Q 2023). Net income: CN¥39.9m (up 59% from 3Q 2023). Profit margin: 10.0% (up from 7.9% in 3Q 2023). The increase in margin was driven by higher revenue.Valuation Update With 7 Day Price Move • Oct 15Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to CN¥18.55, the stock trades at a trailing P/E ratio of 23.8x. Average trailing P/E is 41x in the Electronic industry in China. Total loss to shareholders of 14% over the past year.공시 • Sep 30Techshine Electronics Co.,Ltd. to Report Q3, 2024 Results on Oct 29, 2024Techshine Electronics Co.,Ltd. announced that they will report Q3, 2024 results on Oct 29, 2024Valuation Update With 7 Day Price Move • Sep 30Investor sentiment improves as stock rises 27%After last week's 27% share price gain to CN¥19.71, the stock trades at a trailing P/E ratio of 25.3x. Average trailing P/E is 38x in the Electronic industry in China. Total loss to shareholders of 12% over the past year.분석 기사 • Sep 30The Returns On Capital At Techshine ElectronicsLtd (SZSE:301379) Don't Inspire ConfidenceIf you're looking for a multi-bagger, there's a few things to keep an eye out for. In a perfect world, we'd like to see...New Risk • Sep 21New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 23% 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 Paying a dividend despite having no free cash flows. Large one-off items impacting financial results.New Risk • Aug 15New 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: Major Risk 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 (7.0% average weekly change).공시 • Jun 29Techshine Electronics Co.,Ltd. to Report First Half, 2024 Results on Aug 30, 2024Techshine Electronics Co.,Ltd. announced that they will report first half, 2024 results on Aug 30, 2024분석 기사 • Jun 16Techshine ElectronicsLtd's (SZSE:301379) Dividend Will Be Reduced To CN¥0.40Techshine Electronics Co.,Ltd.'s ( SZSE:301379 ) dividend is being reduced from last year's payment covering the same...Declared Dividend • Jun 15Dividend reduced to CN¥0.40Dividend of CN¥0.40 is 33% lower than last year. Ex-date: 18th June 2024 Payment date: 18th June 2024 Dividend yield will be 1.5%, which is lower than the industry average of 1.8%. Sustainability & Growth Dividend is covered by earnings (38% 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 company is yet to establish a track record of dividend growth or stability as it hasn't paid a regular dividend for at least 2 years. Earnings per share has grown by 18% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.공시 • May 26Techshine Electronics Co.,Ltd. Approves Cash Dividend for the Year 2023Techshine Electronics Co.,Ltd. at its AGM held on May 23, 2024, approved the cash dividend/10 shares (tax included): CNY 4.00000000 for the year 2023.분석 기사 • May 06Earnings Troubles May Signal Larger Issues for Techshine ElectronicsLtd (SZSE:301379) ShareholdersTechshine Electronics Co.,Ltd.'s ( SZSE:301379 ) recent weak earnings report didn't cause a big stock movement. Our...공시 • Apr 27Techshine Electronics Co.,Ltd. Proposes Final Cash Dividend for the Year 2023Techshine Electronics Co.,Ltd. proposed final cash dividend of CNY 4.0000000 per ten shares (tax included) for the year 2023.공시 • Apr 26Techshine Electronics Co.,Ltd., Annual General Meeting, May 23, 2024Techshine Electronics Co.,Ltd., Annual General Meeting, May 23, 2024, at 14:30 China Standard Time. Location: The Company's Meeting Room, Shenzhen, Guangdong ChinaReported Earnings • Apr 25Full year 2023 earnings released: EPS: CN¥1.06 (vs CN¥1.48 in FY 2022)Full year 2023 results: EPS: CN¥1.06 (down from CN¥1.48 in FY 2022). Revenue: CN¥1.27b (up 2.7% from FY 2022). Net income: CN¥107.4m (down 9.2% from FY 2022). Profit margin: 8.5% (down from 9.6% in FY 2022). The decrease in margin was driven by higher expenses.분석 기사 • Apr 01Techshine ElectronicsLtd (SZSE:301379) Might Be Having Difficulty Using Its Capital EffectivelyIf you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...공시 • Mar 30Techshine Electronics Co.,Ltd. to Report Q1, 2024 Results on Apr 29, 2024Techshine Electronics Co.,Ltd. announced that they will report Q1, 2024 results on Apr 29, 2024New Risk • Feb 08New 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 7.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (25% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (7.8% average weekly change).Valuation Update With 7 Day Price Move • Feb 01Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to CN¥20.75, the stock trades at a trailing P/E ratio of 18.9x. Average trailing P/E is 34x in the Electronic industry in China. Total loss to shareholders of 25% over the past year.공시 • Dec 30Techshine Electronics Co.,Ltd. to Report Fiscal Year 2023 Results on Apr 25, 2024Techshine Electronics Co.,Ltd. announced that they will report fiscal year 2023 results on Apr 25, 2024Reported Earnings • Oct 26Third quarter 2023 earnings releasedThird quarter 2023 results: EPS: CN¥0.25. Net income: CN¥25.2m (up CN¥25.2m from 3Q 2022).Buying Opportunity • Oct 18Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 33%. The fair value is estimated to be CN¥38.76, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.4% over the last year. Earnings per share has declined by 4.8%.Buying Opportunity • Sep 26Now 20% undervaluedOver the last 90 days, the stock is up 16%. The fair value is estimated to be CN¥38.56, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.4% over the last year. Earnings per share has declined by 4.8%.New Risk • Aug 29New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 22% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (11% average weekly change). High level of non-cash earnings (22% accrual ratio). Minor Risk Dividend is not well covered by cash flows (dividend per share is over 7x cash flows per share).Reported Earnings • Aug 29Second quarter 2023 earnings releasedSecond quarter 2023 results: EPS: CN¥0.35. Net income: CN¥35.4m (up CN¥35.4m from 2Q 2022).New Risk • Jul 15New 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 7.4% 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 Dividend is not well covered by cash flows (95% cash payout ratio). Share price has been volatile over the past 3 months (7.4% average weekly change).Valuation Update With 7 Day Price Move • Jul 14Investor sentiment improves as stock rises 28%After last week's 28% share price gain to CN¥36.11, the stock trades at a trailing P/E ratio of 29.9x. Average trailing P/E is 47x in the Electronic industry in China.New Risk • Jun 08New minor risk - Dividend sustainabilityThe dividend is not well covered by cash flows. Cash payout ratio: 95% Dividend yield: 2.2% 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. This is currently the only risk that has been identified for the company.공시 • Jun 03Techshine Electronics Co.,Ltd. Announces Final Cash Dividend for the Year 2022, Payable on 09 June 2023Techshine Electronics Co.,Ltd. announced a final cash dividend of CNY 6.00 (tax included) per 10 A shares for the year 2022. Record date is 08 June 2023, Ex-date is 09 June 2023, Payment date is 09 June 2023.Board Change • Nov 16No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. No highly experienced directors. No independent directors (3 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.주주 수익률301379CN ElectronicCN 시장7D-1.5%15.6%4.7%1Y23.1%142.5%35.4%전체 주주 수익률 보기수익률 대 산업: 301379은 지난 1년 동안 142.5%의 수익을 기록한 CN Electronic 산업보다 저조한 성과를 냈습니다.수익률 대 시장: 301379은 지난 1년 동안 35.4%를 기록한 CN 시장보다 저조한 성과를 냈습니다.주가 변동성Is 301379's price volatile compared to industry and market?301379 volatility301379 Average Weekly Movement10.7%Electronic Industry Average Movement8.4%Market Average Movement6.7%10% most volatile stocks in CN Market10.6%10% least volatile stocks in CN Market4.4%안정적인 주가: 301379의 주가는 지난 3개월 동안 CN 시장보다 변동성이 컸습니다.시간에 따른 변동성: 301379의 주간 변동성(11%)은 지난 1년 동안 안정적이었지만 CN 종목 중 상위 75%보다 높습니다.회사 소개설립직원 수CEO웹사이트20052,694Siwei Wangwww.techshine.com.cn테크샤인 일렉트로닉스는 중국에서 LCD 액정 디스플레이, LCM 흑백 모듈, TFT 컬러 스크린 모듈의 연구 개발, 설계, 생산, 판매에 종사하고 있습니다. 이 회사는 2005년에 설립되었으며 중국 친저우에 본사를 두고 있습니다.더 보기Techshine Electronics Co.,Ltd. 기초 지표 요약Techshine ElectronicsLtd의 순이익과 매출은 시가총액과 어떻게 비교됩니까?301379 기초 통계시가총액CN¥6.96b순이익 (TTM)CN¥125.84m매출 (TTM)CN¥1.82b53.9x주가수익비율(P/E)3.7x주가매출비율(P/S)301379는 고평가되어 있습니까?공정 가치 및 평가 분석 보기순이익 및 매출최근 실적 보고서(TTM)의 주요 수익성 지표301379 손익계산서 (TTM)매출CN¥1.82b매출원가CN¥1.49b총이익CN¥323.64m기타 비용CN¥197.79m순이익CN¥125.84m최근 보고된 실적Mar 31, 2026다음 실적 발표일해당 없음주당순이익(EPS)0.46총이익률17.82%순이익률6.93%부채/자본 비율10.4%301379의 장기 실적은 어땠습니까?과거 실적 및 비교 보기배당0.6%현재 배당 수익률31%배당 성향View Valuation기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/06/22 17:19종가2026/06/22 00:00수익2026/03/31연간 수익2025/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 세부 정보는 당사의 Github 페이지에서 확인하실 수 있으며, 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공하고 있습니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Techshine Electronics Co.,Ltd.는 1명의 분석가가 다루고 있습니다. 이 중 0명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Fang WangZhongtai Securities Co. Ltd.
Valuation Update With 7 Day Price Move • Jun 04Investor sentiment improves as stock rises 17%After last week's 17% share price gain to CN¥37.70, the stock trades at a trailing P/E ratio of 58.6x. Average trailing P/E is 74x in the Electronic industry in China. Total returns to shareholders of 181% over the past three years.
Board Change • Jun 01Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 8 experienced directors. No highly experienced directors. Non-Employee Supervisor Yujuan Lao was the last director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.
Declared Dividend • May 30Dividend of CN¥0.20 announcedShareholders will receive a dividend of CN¥0.20. Ex-date: 5th June 2026 Payment date: 5th June 2026 Dividend yield will be 0.7%, which is lower than the industry average of 1.8%. Sustainability & Growth Dividend is covered by earnings (31% 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 36 years, indicating a lack of growth and stability in payments. Earnings per share has grown by 15% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
New Risk • May 19New 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 9.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (9.8% average weekly change). Profit margins are more than 30% lower than last year (6.9% net profit margin).
Valuation Update With 7 Day Price Move • May 19Investor sentiment improves as stock rises 32%After last week's 32% share price gain to CN¥37.66, the stock trades at a trailing P/E ratio of 58.5x. Average trailing P/E is 74x in the Electronic industry in China. Total returns to shareholders of 185% over the past three years.
New Risk • Apr 28New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 6.9% Last year net profit margin: 10% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (6.9% net profit margin).
Valuation Update With 7 Day Price Move • Jun 04Investor sentiment improves as stock rises 17%After last week's 17% share price gain to CN¥37.70, the stock trades at a trailing P/E ratio of 58.6x. Average trailing P/E is 74x in the Electronic industry in China. Total returns to shareholders of 181% over the past three years.
Board Change • Jun 01Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 8 experienced directors. No highly experienced directors. Non-Employee Supervisor Yujuan Lao was the last director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.
Declared Dividend • May 30Dividend of CN¥0.20 announcedShareholders will receive a dividend of CN¥0.20. Ex-date: 5th June 2026 Payment date: 5th June 2026 Dividend yield will be 0.7%, which is lower than the industry average of 1.8%. Sustainability & Growth Dividend is covered by earnings (31% 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 36 years, indicating a lack of growth and stability in payments. Earnings per share has grown by 15% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
New Risk • May 19New 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 9.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (9.8% average weekly change). Profit margins are more than 30% lower than last year (6.9% net profit margin).
Valuation Update With 7 Day Price Move • May 19Investor sentiment improves as stock rises 32%After last week's 32% share price gain to CN¥37.66, the stock trades at a trailing P/E ratio of 58.5x. Average trailing P/E is 74x in the Electronic industry in China. Total returns to shareholders of 185% over the past three years.
New Risk • Apr 28New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 6.9% Last year net profit margin: 10% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (6.9% net profit margin).
Reported Earnings • Apr 27Full year 2025 earnings released: EPS: CN¥0.73 (vs CN¥0.76 in FY 2024)Full year 2025 results: EPS: CN¥0.73 (down from CN¥0.76 in FY 2024). Revenue: CN¥1.79b (up 21% from FY 2024). Net income: CN¥142.0m (down 5.6% from FY 2024). Profit margin: 7.9% (down from 10% in FY 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 31% p.a. on average during the next 2 years, compared to a 23% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has increased by 27% per year, which means it is tracking significantly ahead of earnings growth.
공시 • Apr 27Techshine Electronics Co.,Ltd., Annual General Meeting, May 22, 2026Techshine Electronics Co.,Ltd., Annual General Meeting, May 22, 2026, at 14:30 China Standard Time. Location: 18F, Building 1, Qianhai Science and Technology Park, Xixiang Subdistrict, Bao'an District, Shenzhen, Guangdong China
공시 • Mar 31Techshine Electronics Co.,Ltd. to Report Q1, 2026 Results on Apr 27, 2026Techshine Electronics Co.,Ltd. announced that they will report Q1, 2026 results on Apr 27, 2026
공시 • Dec 31Techshine Electronics Co.,Ltd. to Report Fiscal Year 2025 Results on Apr 27, 2026Techshine Electronics Co.,Ltd. announced that they will report fiscal year 2025 results on Apr 27, 2026
New Risk • Nov 12New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Chinese stocks, typically moving 9.4% 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 (9.4% average weekly change). High level of non-cash earnings (37% accrual ratio). Minor Risk Paying a dividend despite having no free cash flows.
Reported Earnings • Oct 29Third quarter 2025 earnings released: EPS: CN¥0.20 (vs CN¥0.20 in 3Q 2024)Third quarter 2025 results: EPS: CN¥0.20 (down from CN¥0.20 in 3Q 2024). Revenue: CN¥482.7m (up 21% from 3Q 2024). Net income: CN¥38.0m (down 4.8% from 3Q 2024). Profit margin: 7.9% (down from 10.0% in 3Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 30% p.a. on average during the next 3 years, compared to a 22% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has increased by 22% per year, which means it is tracking significantly ahead of earnings growth.
공시 • Sep 30Techshine Electronics Co.,Ltd. to Report Q3, 2025 Results on Oct 29, 2025Techshine Electronics Co.,Ltd. announced that they will report Q3, 2025 results on Oct 29, 2025
Valuation Update With 7 Day Price Move • Sep 19Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CN¥29.54, the stock trades at a trailing P/E ratio of 35.9x. Average trailing P/E is 62x in the Electronic industry in China. Total returns to shareholders of 168% over the past year.
New Risk • Sep 02New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 6.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (23% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (6.8% average weekly change).
공시 • Jul 02Techshine Electronics Co.,Ltd. to Report First Half, 2025 Results on Aug 28, 2025Techshine Electronics Co.,Ltd. announced that they will report first half, 2025 results on Aug 28, 2025
Valuation Update With 7 Day Price Move • Jun 22Investor sentiment improves as stock rises 21%After last week's 21% share price gain to CN¥26.50, the stock trades at a trailing P/E ratio of 31.9x. Average trailing P/E is 47x in the Electronic industry in China. Total returns to shareholders of 110% over the past year.
Declared Dividend • May 31Dividend of CN¥0.40 announcedShareholders will receive a dividend of CN¥0.40. Ex-date: 5th June 2025 Payment date: 5th June 2025 Dividend yield will be 1.5%, which is lower than the industry average of 1.8%. Sustainability & Growth Dividend is covered by earnings (35% 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 26 years, indicating a lack of growth and stability in payments. Earnings per share has grown by 26% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
공시 • May 27Techshine Electronics Co.,Ltd. Approves Cash Dividend for 2024Techshine Electronics Co.,Ltd. at its Annual General Meeting of 2024 on 23 May 2025, approved Cash dividend (tax included): CNY 4.00000000 per ten shares for 2024.
New Risk • May 02New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 23% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (11% average weekly change). High level of non-cash earnings (23% accrual ratio). Minor Risk Paying a dividend despite having no free cash flows.
공시 • Apr 23Techshine Electronics Co.,Ltd. Proposes Final Cash Dividend for 2024Techshine Electronics Co.,Ltd. proposed final cash dividend of CNY 4.00000000 per 10 shares (tax included) for 2024.
공시 • Apr 22Techshine Electronics Co.,Ltd., Annual General Meeting, May 23, 2025Techshine Electronics Co.,Ltd., Annual General Meeting, May 23, 2025, at 14:30 China Standard Time. Location: 18F, Building 1, Qianhai Science and Technology Park, Xixiang Subdistrict, Bao'an District, Shenzhen, Guangdong China
Valuation Update With 7 Day Price Move • Apr 07Investor sentiment deteriorates as stock falls 23%After last week's 23% share price decline to CN¥22.18, the stock trades at a trailing P/E ratio of 20.9x. Average trailing P/E is 48x in the Electronic industry in China. Total returns to shareholders of 37% over the past year.
공시 • Mar 31Techshine Electronics Co.,Ltd. to Report Q1, 2025 Results on Apr 28, 2025Techshine Electronics Co.,Ltd. announced that they will report Q1, 2025 results on Apr 28, 2025
New Risk • Mar 10New 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 8.2% 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 Dividend is not well covered by cash flows (116% cash payout ratio). Share price has been volatile over the past 3 months (8.2% average weekly change).
Valuation Update With 7 Day Price Move • Mar 07Investor sentiment improves as stock rises 24%After last week's 24% share price gain to CN¥30.99, the stock trades at a trailing P/E ratio of 29.2x. Average trailing P/E is 53x in the Electronic industry in China. Total returns to shareholders of 94% over the past year.
분석 기사 • Mar 06Techshine Electronics Co.,Ltd.'s (SZSE:301379) Shares Bounce 27% But Its Business Still Trails The MarketDespite an already strong run, Techshine Electronics Co.,Ltd. ( SZSE:301379 ) shares have been powering on, with a gain...
Reported Earnings • Feb 27Full year 2024 earnings released: EPS: CN¥1.06 (vs CN¥0.76 in FY 2023)Full year 2024 results: EPS: CN¥1.06 (up from CN¥0.76 in FY 2023). Revenue: CN¥1.48b (up 17% from FY 2023). Net income: CN¥150.4m (up 40% from FY 2023). Profit margin: 10% (up from 8.5% in FY 2023). The increase in margin was driven by higher revenue.
분석 기사 • Feb 17Does Techshine ElectronicsLtd (SZSE:301379) Deserve A Spot On Your Watchlist?It's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story...
Valuation Update With 7 Day Price Move • Feb 11Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CN¥24.35, the stock trades at a trailing P/E ratio of 27.6x. Average trailing P/E is 50x in the Electronic industry in China. Total returns to shareholders of 89% over the past year.
Valuation Update With 7 Day Price Move • Jan 20Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CN¥21.96, the stock trades at a trailing P/E ratio of 24.9x. Average trailing P/E is 46x in the Electronic industry in China. Total returns to shareholders of 31% over the past year.
공시 • Dec 31Techshine Electronics Co.,Ltd. to Report Fiscal Year 2024 Results on Apr 22, 2025Techshine Electronics Co.,Ltd. announced that they will report fiscal year 2024 results on Apr 22, 2025
분석 기사 • Nov 05Investors Shouldn't Be Too Comfortable With Techshine ElectronicsLtd's (SZSE:301379) EarningsTechshine Electronics Co.,Ltd.'s ( SZSE:301379 ) robust earnings report didn't manage to move the market for its stock...
New Risk • Nov 01New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 25% 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 Dividend is not well covered by cash flows (116% cash payout ratio). Large one-off items impacting financial results.
Reported Earnings • Oct 29Third quarter 2024 earnings released: EPS: CN¥0.28 (vs CN¥0.18 in 3Q 2023)Third quarter 2024 results: EPS: CN¥0.28 (up from CN¥0.18 in 3Q 2023). Revenue: CN¥398.2m (up 24% from 3Q 2023). Net income: CN¥39.9m (up 59% from 3Q 2023). Profit margin: 10.0% (up from 7.9% in 3Q 2023). The increase in margin was driven by higher revenue.
Valuation Update With 7 Day Price Move • Oct 15Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to CN¥18.55, the stock trades at a trailing P/E ratio of 23.8x. Average trailing P/E is 41x in the Electronic industry in China. Total loss to shareholders of 14% over the past year.
공시 • Sep 30Techshine Electronics Co.,Ltd. to Report Q3, 2024 Results on Oct 29, 2024Techshine Electronics Co.,Ltd. announced that they will report Q3, 2024 results on Oct 29, 2024
Valuation Update With 7 Day Price Move • Sep 30Investor sentiment improves as stock rises 27%After last week's 27% share price gain to CN¥19.71, the stock trades at a trailing P/E ratio of 25.3x. Average trailing P/E is 38x in the Electronic industry in China. Total loss to shareholders of 12% over the past year.
분석 기사 • Sep 30The Returns On Capital At Techshine ElectronicsLtd (SZSE:301379) Don't Inspire ConfidenceIf you're looking for a multi-bagger, there's a few things to keep an eye out for. In a perfect world, we'd like to see...
New Risk • Sep 21New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 23% 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 Paying a dividend despite having no free cash flows. Large one-off items impacting financial results.
New Risk • Aug 15New 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: Major Risk 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 (7.0% average weekly change).
공시 • Jun 29Techshine Electronics Co.,Ltd. to Report First Half, 2024 Results on Aug 30, 2024Techshine Electronics Co.,Ltd. announced that they will report first half, 2024 results on Aug 30, 2024
분석 기사 • Jun 16Techshine ElectronicsLtd's (SZSE:301379) Dividend Will Be Reduced To CN¥0.40Techshine Electronics Co.,Ltd.'s ( SZSE:301379 ) dividend is being reduced from last year's payment covering the same...
Declared Dividend • Jun 15Dividend reduced to CN¥0.40Dividend of CN¥0.40 is 33% lower than last year. Ex-date: 18th June 2024 Payment date: 18th June 2024 Dividend yield will be 1.5%, which is lower than the industry average of 1.8%. Sustainability & Growth Dividend is covered by earnings (38% 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 company is yet to establish a track record of dividend growth or stability as it hasn't paid a regular dividend for at least 2 years. Earnings per share has grown by 18% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
공시 • May 26Techshine Electronics Co.,Ltd. Approves Cash Dividend for the Year 2023Techshine Electronics Co.,Ltd. at its AGM held on May 23, 2024, approved the cash dividend/10 shares (tax included): CNY 4.00000000 for the year 2023.
분석 기사 • May 06Earnings Troubles May Signal Larger Issues for Techshine ElectronicsLtd (SZSE:301379) ShareholdersTechshine Electronics Co.,Ltd.'s ( SZSE:301379 ) recent weak earnings report didn't cause a big stock movement. Our...
공시 • Apr 27Techshine Electronics Co.,Ltd. Proposes Final Cash Dividend for the Year 2023Techshine Electronics Co.,Ltd. proposed final cash dividend of CNY 4.0000000 per ten shares (tax included) for the year 2023.
공시 • Apr 26Techshine Electronics Co.,Ltd., Annual General Meeting, May 23, 2024Techshine Electronics Co.,Ltd., Annual General Meeting, May 23, 2024, at 14:30 China Standard Time. Location: The Company's Meeting Room, Shenzhen, Guangdong China
Reported Earnings • Apr 25Full year 2023 earnings released: EPS: CN¥1.06 (vs CN¥1.48 in FY 2022)Full year 2023 results: EPS: CN¥1.06 (down from CN¥1.48 in FY 2022). Revenue: CN¥1.27b (up 2.7% from FY 2022). Net income: CN¥107.4m (down 9.2% from FY 2022). Profit margin: 8.5% (down from 9.6% in FY 2022). The decrease in margin was driven by higher expenses.
분석 기사 • Apr 01Techshine ElectronicsLtd (SZSE:301379) Might Be Having Difficulty Using Its Capital EffectivelyIf you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...
공시 • Mar 30Techshine Electronics Co.,Ltd. to Report Q1, 2024 Results on Apr 29, 2024Techshine Electronics Co.,Ltd. announced that they will report Q1, 2024 results on Apr 29, 2024
New Risk • Feb 08New 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 7.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (25% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (7.8% average weekly change).
Valuation Update With 7 Day Price Move • Feb 01Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to CN¥20.75, the stock trades at a trailing P/E ratio of 18.9x. Average trailing P/E is 34x in the Electronic industry in China. Total loss to shareholders of 25% over the past year.
공시 • Dec 30Techshine Electronics Co.,Ltd. to Report Fiscal Year 2023 Results on Apr 25, 2024Techshine Electronics Co.,Ltd. announced that they will report fiscal year 2023 results on Apr 25, 2024
Reported Earnings • Oct 26Third quarter 2023 earnings releasedThird quarter 2023 results: EPS: CN¥0.25. Net income: CN¥25.2m (up CN¥25.2m from 3Q 2022).
Buying Opportunity • Oct 18Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 33%. The fair value is estimated to be CN¥38.76, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.4% over the last year. Earnings per share has declined by 4.8%.
Buying Opportunity • Sep 26Now 20% undervaluedOver the last 90 days, the stock is up 16%. The fair value is estimated to be CN¥38.56, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.4% over the last year. Earnings per share has declined by 4.8%.
New Risk • Aug 29New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 22% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (11% average weekly change). High level of non-cash earnings (22% accrual ratio). Minor Risk Dividend is not well covered by cash flows (dividend per share is over 7x cash flows per share).
Reported Earnings • Aug 29Second quarter 2023 earnings releasedSecond quarter 2023 results: EPS: CN¥0.35. Net income: CN¥35.4m (up CN¥35.4m from 2Q 2022).
New Risk • Jul 15New 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 7.4% 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 Dividend is not well covered by cash flows (95% cash payout ratio). Share price has been volatile over the past 3 months (7.4% average weekly change).
Valuation Update With 7 Day Price Move • Jul 14Investor sentiment improves as stock rises 28%After last week's 28% share price gain to CN¥36.11, the stock trades at a trailing P/E ratio of 29.9x. Average trailing P/E is 47x in the Electronic industry in China.
New Risk • Jun 08New minor risk - Dividend sustainabilityThe dividend is not well covered by cash flows. Cash payout ratio: 95% Dividend yield: 2.2% 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. This is currently the only risk that has been identified for the company.
공시 • Jun 03Techshine Electronics Co.,Ltd. Announces Final Cash Dividend for the Year 2022, Payable on 09 June 2023Techshine Electronics Co.,Ltd. announced a final cash dividend of CNY 6.00 (tax included) per 10 A shares for the year 2022. Record date is 08 June 2023, Ex-date is 09 June 2023, Payment date is 09 June 2023.
Board Change • Nov 16No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. No highly experienced directors. No independent directors (3 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.
