View ValuationAVIC Chengdu Aircraft 향후 성장Future 기준 점검 1/6AVIC Chengdu Aircraft (는) 각각 연간 13% 및 4.2% 수익과 수익이 증가할 것으로 예상됩니다. EPS는 연간 11.9% 만큼 성장할 것으로 예상됩니다. 자기자본이익률은 3년 후 18.4% 로 예상됩니다.핵심 정보13.0%이익 성장률11.87%EPS 성장률Electronic 이익 성장33.1%매출 성장률4.2%향후 자기자본이익률18.42%애널리스트 커버리지Low마지막 업데이트04 May 2026최근 향후 성장 업데이트Major Estimate Revision • Mar 23Consensus EPS estimates increase to CN¥0.62The consensus outlook for earnings per share (EPS) in 2021 has improved. 2021 revenue forecast increased from CN¥1.96b to CN¥2.07b. EPS estimate increased from CN¥0.53 to CN¥0.62 per share. Net income forecast to grow 40% next year vs 40% growth forecast for Electronic industry in China. Consensus price target of CN¥18.46 unchanged from last update. Share price rose 6.2% to CN¥13.24 over the past week.모든 업데이트 보기Recent updates공고 • Jun 30AVIC Chengdu Aircraft Company Limited to Report First Half, 2026 Results on Aug 24, 2026AVIC Chengdu Aircraft Company Limited announced that they will report first half, 2026 results on Aug 24, 2026Declared Dividend • Jun 15Dividend of CN¥0.39 announcedShareholders will receive a dividend of CN¥0.39. Ex-date: 16th June 2026 Payment date: 16th June 2026 Dividend yield will be 0.6%, which is lower than the industry average of 1.8%. Sustainability & Growth Dividend is covered by earnings (30% 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 increased by an average of 40% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 40% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Reported Earnings • Apr 30First quarter 2026 earnings released: EPS: CN¥0.072 (vs CN¥0.059 in 1Q 2025)First quarter 2026 results: EPS: CN¥0.072 (up from CN¥0.059 in 1Q 2025). Revenue: CN¥5.95b (up 80% from 1Q 2025). Net income: CN¥192.7m (up 23% from 1Q 2025). Profit margin: 3.2% (down from 4.7% in 1Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 56% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.New Risk • Apr 30New major risk - Dividend sustainabilityThe dividend is not well covered by earnings and cash flows. The company is paying a dividend despite being loss-making. The company is paying a dividend despite having no free cash flows. Dividend yield: 0.9% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. 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.공고 • Apr 29AVIC Chengdu Aircraft Company Limited, Annual General Meeting, May 22, 2026AVIC Chengdu Aircraft Company Limited, Annual General Meeting, May 22, 2026, at 14:00 China Standard Time. Location: No. 39, Jingyi Road, Huangtianba, Qingyang District, Chengdu, Sichuan China공고 • Mar 31AVIC Chengdu Aircraft Company Limited to Report Q1, 2026 Results on Apr 29, 2026AVIC Chengdu Aircraft Company Limited announced that they will report Q1, 2026 results on Apr 29, 2026New Risk • Jan 06New major risk - Revenue and earnings growthEarnings have declined by 7.7% 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 Risks Earnings have declined by 7.7% per year over the past 5 years. Shareholders have been substantially diluted in the past year (356% increase in shares outstanding). Minor Risk Paying a dividend despite being loss-making.공고 • Dec 31AVIC Chengdu Aircraft Company Limited to Report Fiscal Year 2025 Results on Mar 31, 2026AVIC Chengdu Aircraft Company Limited announced that they will report fiscal year 2025 results on Mar 31, 2026Reported Earnings • Oct 29Third quarter 2025 earnings released: EPS: CN¥0.47 (vs CN¥0.037 in 3Q 2024)Third quarter 2025 results: EPS: CN¥0.47 (up from CN¥0.037 in 3Q 2024). Revenue: CN¥27.6b (up CN¥27.2b from 3Q 2024). Net income: CN¥1.26b (up CN¥1.24b from 3Q 2024). Profit margin: 4.6% (down from 5.2% in 3Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 34% 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 14% per year but the company’s share price has increased by 102% per year, which means it is tracking significantly ahead of earnings growth.공고 • Sep 30AVIC Chengdu Aircraft Company Limited to Report Q3, 2025 Results on Oct 29, 2025AVIC Chengdu Aircraft Company Limited announced that they will report Q3, 2025 results on Oct 29, 2025New Risk • Sep 21New minor risk - Dividend sustainabilityThe dividend is not well covered by earnings. The company is paying a dividend despite being loss-making. Dividend yield: 0.7% This is considered a minor risk. Companies that pay out too much of their earnings are at risk of having to reduce or cut their dividend in future. If earnings growth slows or earnings fall, then there may not be enough earnings to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. However, this risk is mitigated by the fact the dividend is covered by cash flows. 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 Risks Shareholders have been substantially diluted in the past year (356% increase in shares outstanding). Revenue is less than US$1m. Minor Risks Paying a dividend despite being loss-making. Share price has been volatile over the past 3 months (7.6% average weekly change).Reported Earnings • Aug 28Second quarter 2025 earnings released: EPS: CN¥0.28 (vs CN¥0.10 in 2Q 2024)Second quarter 2025 results: EPS: CN¥0.28 (up from CN¥0.10 in 2Q 2024). Revenue: CN¥17.4b (up CN¥16.9b from 2Q 2024). Net income: CN¥756.3m (up CN¥692.5m from 2Q 2024). Profit margin: 4.3% (down from 13% in 2Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 41% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has increased by 109% per year, which means it is tracking significantly ahead of earnings growth.공고 • Jul 02AVIC Chengdu Aircraft Company Limited to Report First Half, 2025 Results on Aug 28, 2025AVIC Chengdu Aircraft Company Limited announced that they will report first half, 2025 results on Aug 28, 2025공고 • Jun 19Avic Chengdu Aircraft Company Limited Declares First Quarter Dividend on A Share of Year 2025, Payable on 24 June 2025AVIC Chengdu Aircraft Company Limited declared first quarter Cash dividend/10 shares (tax included) of CNY6.23000000 on A share of year 2025. Record date is 23 June 2025. Ex-date is 24 June 2025. Payment date is 24 June 2025.New Risk • May 30New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 356% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (12% average weekly change). Shareholders have been substantially diluted in the past year (356% increase in shares outstanding). Revenue is less than US$1m.공고 • May 20AVIC Chengdu Aircraft Company Limited Approves Profit Distribution Plan for 2024AVIC Chengdu Aircraft Company Limited held its 2nd Extraordinary General Meeting of 2025 on 16 May 2025, were approved 2024 profit distribution plan as Cash dividend/10 shares (tax included): CNY 6.23000000.New Risk • May 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 8.8% 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 Revenue is less than US$1m. Minor Risk Share price has been volatile over the past 3 months (8.8% average weekly change).New Risk • Apr 30New major risk - Revenue sizeThe company makes less than US$1m in revenue. This is considered a major risk. Companies with a small amount of revenue are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. This is currently the only risk that has been identified for the company.공고 • Apr 24AVIC Chengdu Aircraft Company Limited Approves Cash Dividend for 2024AVIC Chengdu Aircraft Company Limited at its Annual General Meeting held on 21 April 2025 approved cash dividend of CNY 0.14000000 per 10 shares (tax included) for 2024.공고 • Mar 31AVIC Chengdu Aircraft Company Limited to Report Q1, 2025 Results on Apr 29, 2025AVIC Chengdu Aircraft Company Limited announced that they will report Q1, 2025 results on Apr 29, 2025Reported Earnings • Mar 28Full year 2024 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2024 results: EPS: CN¥0.19 (up from CN¥0.17 in FY 2023). Revenue: CN¥1.78b (up 6.1% from FY 2023). Net income: CN¥112.3m (up 14% from FY 2023). Profit margin: 6.3% (up from 5.9% in FY 2023). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 2.6%. Earnings per share (EPS) missed analyst estimates by 14%. Revenue is forecast to grow 11% p.a. on average during the next 2 years, compared to a 18% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has fallen by 29% per year but the company’s share price has increased by 67% per year, which means it is well ahead of earnings.공고 • Mar 28AVIC Chengdu Aircraft Company Limited, Annual General Meeting, Apr 21, 2025AVIC Chengdu Aircraft Company Limited, Annual General Meeting, Apr 21, 2025, at 14:00 China Standard Time. Location: No. 39, Jingyi Road, Huangtianba, Qingyang District, Chengdu, Sichuan China공고 • Jan 24Zhonghang Electronic Measuring Instruments Co.,Ltd Announces Board ChangesZhonghang Electronic Measuring Instruments Co.,Ltd held its 1st Extraordinary General Meeting of 2025 on 22 January 2025 were approved; Sui Shaochun, non-independent director, Jiang Min, non-independent director, Meng Jinqiang, non-independent director, Li Shimin, non-independent director, Xu Dongsheng, non-independent director, Sun Shaoshan, non-independent director, Tian Gang, non-independent director, Ye Zhongming, independent director, Li Bo, independent director, Guo Jianfeng, independent director Liu Zhewei, independent director, Nie Xiaoming, non-employee supervisor, Zhou Xunwen, non-employee supervisor.공고 • Dec 31Zhonghang Electronic Measuring Instruments Co.,Ltd to Report Fiscal Year 2024 Results on Mar 14, 2025Zhonghang Electronic Measuring Instruments Co.,Ltd announced that they will report fiscal year 2024 results on Mar 14, 2025Reported Earnings • Oct 24Third quarter 2024 earnings released: EPS: CN¥0.037 (vs CN¥0.003 loss in 3Q 2023)Third quarter 2024 results: EPS: CN¥0.037 (up from CN¥0.003 loss in 3Q 2023). Revenue: CN¥370.4m (up 4.9% from 3Q 2023). Net income: CN¥19.2m (up CN¥20.8m from 3Q 2023). Profit margin: 5.2% (up from net loss in 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 55% per year but the company’s share price has increased by 73% per year, which means it is well ahead of earnings.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 6.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 26% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (6.9% average weekly change). Large one-off items impacting financial results.공고 • Sep 30Zhonghang Electronic Measuring Instruments Co.,Ltd to Report Q3, 2024 Results on Oct 24, 2024Zhonghang Electronic Measuring Instruments Co.,Ltd announced that they will report Q3, 2024 results on Oct 24, 2024New Risk • Aug 31New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 26% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 26% per year over the past 5 years. Minor Risk Large one-off items impacting financial results.Reported Earnings • Aug 29Second quarter 2024 earnings released: EPS: CN¥0.10 (vs CN¥0.13 in 2Q 2023)Second quarter 2024 results: EPS: CN¥0.10 (down from CN¥0.13 in 2Q 2023). Revenue: CN¥492.4m (down 4.4% from 2Q 2023). Net income: CN¥63.8m (down 18% from 2Q 2023). Profit margin: 13% (down from 15% in 2Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 109 percentage points per year, which is a significant difference in performance.공고 • Jun 29Zhonghang Electronic Measuring Instruments Co.,Ltd to Report First Half, 2024 Results on Aug 29, 2024Zhonghang Electronic Measuring Instruments Co.,Ltd announced that they will report first half, 2024 results on Aug 29, 2024Reported Earnings • Apr 26First quarter 2024 earnings released: EPS: CN¥0.034 (vs CN¥0.039 in 1Q 2023)First quarter 2024 results: EPS: CN¥0.034 (down from CN¥0.039 in 1Q 2023). Revenue: CN¥325.7m (down 9.0% from 1Q 2023). Net income: CN¥20.2m (down 12% from 1Q 2023). Profit margin: 6.2% (down from 6.4% in 1Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 37% per year but the company’s share price has increased by 48% per year, which means it is well ahead of earnings.공고 • Mar 30Zhonghang Electronic Measuring Instruments Co.,Ltd to Report Q1, 2024 Results on Apr 26, 2024Zhonghang Electronic Measuring Instruments Co.,Ltd announced that they will report Q1, 2024 results on Apr 26, 2024공고 • Mar 16Zhonghang Electronic Measuring Instruments Co.,Ltd, Annual General Meeting, Apr 11, 2024Zhonghang Electronic Measuring Instruments Co.,Ltd, Annual General Meeting, Apr 11, 2024, at 14:00 China Standard Time. Location: The Company's Meeting Room, Xi'an, Shaanxi China Agenda: To consider 2023 work report of the board of directors; to consider 2023 work report of the supervisory committee; to consider 2023 audit report; to consider 2023 annual accounts report; to consider 2023 profit distribution plan; to consider 2023 annual report and its summary; to consider 2023 ESG Report; to consider reappointment of 2024 audit firm;to consider 2024 connected transactions; to consider 2024 investment plan and increase of projects; and to consider 2024 financial budget report.Reported Earnings • Mar 15Full year 2023 earnings released: EPS: CN¥0.17 (vs CN¥0.33 in FY 2022)Full year 2023 results: EPS: CN¥0.17 (down from CN¥0.33 in FY 2022). Revenue: CN¥1.68b (down 12% from FY 2022). Net income: CN¥98.2m (down 49% from FY 2022). Profit margin: 5.9% (down from 10% in FY 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 29% per year but the company’s share price has increased by 49% per year, which means it is well ahead of earnings.공고 • Dec 30Zhonghang Electronic Measuring Instruments Co.,Ltd to Report Fiscal Year 2023 Results on Mar 15, 2024Zhonghang Electronic Measuring Instruments Co.,Ltd announced that they will report fiscal year 2023 results on Mar 15, 2024Reported Earnings • Oct 25Third quarter 2023 earnings released: CN¥0.003 loss per share (vs CN¥0.12 profit in 3Q 2022)Third quarter 2023 results: CN¥0.003 loss per share (down from CN¥0.12 profit in 3Q 2022). Revenue: CN¥353.0m (down 31% from 3Q 2022). Net loss: CN¥1.59m (down 102% from profit in 3Q 2022). Revenue is forecast to grow 41% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has increased by 41% per year, which means it is well ahead of earnings.New Risk • Oct 13New 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 8.0% 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 (8.0% average weekly change). Minor Risk Profit margins are more than 30% lower than last year (9.2% net profit margin).Reported Earnings • Aug 29Second quarter 2023 earnings released: EPS: CN¥0.13 (vs CN¥0.17 in 2Q 2022)Second quarter 2023 results: EPS: CN¥0.13 (down from CN¥0.17 in 2Q 2022). Revenue: CN¥515.1m (down 3.3% from 2Q 2022). Net income: CN¥77.9m (down 22% from 2Q 2022). Profit margin: 15% (down from 19% in 2Q 2022). Revenue is forecast to grow 42% p.a. on average during the next 3 years, compared to a 19% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has increased by 39% per year, which means it is well ahead of earnings.New Risk • Jul 28New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 7.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (7.2% average weekly change). Profit margins are more than 30% lower than last year (10% net profit margin).Reported Earnings • Apr 26First quarter 2023 earnings released: EPS: CN¥0.039 (vs CN¥0.043 in 1Q 2022)First quarter 2023 results: EPS: CN¥0.039 (down from CN¥0.043 in 1Q 2022). Revenue: CN¥357.8m (down 13% from 1Q 2022). Net income: CN¥22.9m (down 9.6% from 1Q 2022). Profit margin: 6.4% (up from 6.2% in 1Q 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 66% per year, which means it is well ahead of earnings.Valuation Update With 7 Day Price Move • Feb 08Investor sentiment improves as stock rises 149%After last week's 149% share price gain to CN¥26.34, the stock trades at a trailing P/E ratio of 65.9x. Average trailing P/E is 39x in the Electronic industry in China. Total returns to shareholders of 146% over the past three years.공고 • Feb 04Zhonghang Electronic Measuring Instruments Co.,Ltd (SZSE:300114) agreed to acquire Chengdu Aircraft Industrial (Group) Co. Ltd. from Aviation Industry Corporation of China,Ltd.Zhonghang Electronic Measuring Instruments Co.,Ltd (SZSE:300114) agreed to acquire Chengdu Aircraft Industrial (Group) Co. Ltd. from Aviation Industry Corporation of China,Ltd. on February 1, 2023. Transaction is approved by Zhonghang Electronic's board. Transaction is subject to approval from Zhonghang Electronic's shareholders, 4.The assessment reports obtaining the filing of the authorized state-owned assets supervision and administration commission (SASAC), State Administration of Science, Technology and Industry for National Defense, Shenzhen Stock Exchange’s Approval, CSRC’s Approval and other necessary approval.Board Change • Feb 02High number of new and inexperienced directorsThere are 7 new directors who have joined the board in the last 3 years. The company's board is composed of: 7 new directors. 5 experienced directors. No highly experienced directors. Supervisor Changxun Yuan is the most experienced director on the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.Board Change • Nov 16High number of new and inexperienced directorsThere are 7 new directors who have joined the board in the last 3 years. The company's board is composed of: 7 new directors. 5 experienced directors. No highly experienced directors. Supervisor Changxun Yuan is the most experienced director on the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.Reported Earnings • Oct 25Third quarter 2022 earnings released: EPS: CN¥0.12 (vs CN¥0.13 in 3Q 2021)Third quarter 2022 results: EPS: CN¥0.12 (down from CN¥0.13 in 3Q 2021). Revenue: CN¥512.3m (flat on 3Q 2021). Net income: CN¥69.8m (down 12% from 3Q 2021). Profit margin: 14% (down from 16% in 3Q 2021). Revenue is forecast to grow 26% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.Reported Earnings • Aug 31Second quarter 2022 earnings released: EPS: CN¥0.17 (vs CN¥0.25 in 2Q 2021)Second quarter 2022 results: EPS: CN¥0.17 (down from CN¥0.25 in 2Q 2021). Revenue: CN¥532.4m (down 14% from 2Q 2021). Net income: CN¥99.5m (down 33% from 2Q 2021). Profit margin: 19% (down from 24% in 2Q 2021). The decrease in margin was driven by lower revenue. Over the next year, revenue is forecast to grow 38%, compared to a 27% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings.공고 • Jun 08Zhonghang Electronic Measuring Instruments Co.,Ltd. Announces Cash Dividend for 2021, Payable on 14 June 2022Zhonghang Electronic Measuring Instruments Co.,Ltd. announced Cash dividend per 10 shares (tax included): CNY 0.50000000 for 2021. Record date is 13 June 2022, Ex-date is 14 June 2022 and Payment date is 14 June 2022.Reported Earnings • Apr 28First quarter 2022 earnings released: EPS: CN¥0.043 (vs CN¥0.068 in 1Q 2021)First quarter 2022 results: EPS: CN¥0.043 (down from CN¥0.068 in 1Q 2021). Revenue: CN¥409.3m (down 1.6% from 1Q 2021). Net income: CN¥25.3m (down 37% from 1Q 2021). Profit margin: 6.2% (down from 9.7% in 1Q 2021). The decrease in margin was primarily driven by higher expenses. Over the next year, revenue is forecast to grow 25%, compared to a 24% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.Board Change • Apr 27High number of new and inexperienced directorsThere are 7 new directors who have joined the board in the last 3 years. The company's board is composed of: 7 new directors. 5 experienced directors. No highly experienced directors. Supervisor Changxun Yuan is the most experienced director on the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.공고 • Apr 23Zhonghang Electronic Measuring Instruments Co.,Ltd Approves Final Cash Dividend for 2021Zhonghang Electronic Measuring Instruments Co.,Ltd approved final cash dividend of CNY 0.50000000 per 10 shares (tax included) for 2021, at its AGM held on April 21, 2022.Reported Earnings • Apr 03Full year 2021 earnings released: EPS: CN¥0.52 (vs CN¥0.45 in FY 2020)Full year 2021 results: EPS: CN¥0.52 (up from CN¥0.45 in FY 2020). Revenue: CN¥1.94b (up 10% from FY 2020). Net income: CN¥307.0m (up 17% from FY 2020). Profit margin: 16% (in line with FY 2020). Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.공고 • Apr 02Zhonghang Electronic Measuring Instruments Co.,Ltd, Annual General Meeting, Apr 21, 2022Zhonghang Electronic Measuring Instruments Co.,Ltd, Annual General Meeting, Apr 21, 2022, at 14:00 China Standard Time. Agenda: To consider 2021 work report of the board of directors; to 2021 work report of the supervisory committee; to 2021 audit report; to 2021 annual accounts; to Reappointment of 2022 audit firm; to Amendments to the articles of associations of the Company; to By-election of Wei Fuyuan as a non-independent director; and to Formulation of the reporting system for the board of directors to the general meeting of shareholders.공고 • Apr 01Zhonghang Electronic Measuring Instruments Co.,Ltd Proposes Final Cash Dividend for 2021Zhonghang Electronic Measuring Instruments Co.,Ltd proposed final cash dividend of CNY 0.50000000 per 10 shares (tax included) for 2021.Reported Earnings • Oct 27Third quarter 2021 earnings released: EPS CN¥0.13 (vs CN¥0.13 in 3Q 2020)The company reported a solid third quarter result with improved earnings, although revenues and profit margins were flat. Third quarter 2021 results: Revenue: CN¥509.7m (flat on 3Q 2020). Net income: CN¥79.5m (up 2.2% from 3Q 2020). Profit margin: 16% (in line with 3Q 2020). Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth.Reported Earnings • Aug 27Second quarter 2021 earnings released: EPS CN¥0.25 (vs CN¥0.18 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CN¥618.9m (up 24% from 2Q 2020). Net income: CN¥147.5m (up 35% from 2Q 2020). Profit margin: 24% (up from 22% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 24% per year whereas the company’s share price has increased by 25% per year.Valuation Update With 7 Day Price Move • Aug 04Investor sentiment improved over the past weekAfter last week's 19% share price gain to CN¥17.61, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 31x in the Electronic industry in China. Total returns to shareholders of 93% over the past three years.Valuation Update With 7 Day Price Move • Jul 08Investor sentiment improved over the past weekAfter last week's 17% share price gain to CN¥16.97, the stock trades at a forward P/E ratio of 26x. Average forward P/E is 29x in the Electronic industry in China. Total returns to shareholders of 75% over the past three years.공고 • May 29Zhonghang Electronic Measuring Instruments Co., Ltd Announces 2020 Final Distribution Plan, Payable on 4 June 2021Zhonghang Electronic Measuring Instruments Co. Ltd. announced 2020 final distribution plan to be implemented (A shares) of cash dividend CNY 0.50400200 per 10 shares (tax included). The dividend is payable on 4 June 2021 with the record date of 3 June 2021. Ex-date is 4 June 2021.Reported Earnings • Apr 29First quarter 2021 earnings released: EPS CN¥0.068 (vs CN¥0.057 in 1Q 2020)The company reported a solid first quarter result with improved earnings and revenues, although profit margins were flat. First quarter 2021 results: Revenue: CN¥416.1m (up 29% from 1Q 2020). Net income: CN¥40.3m (up 20% from 1Q 2020). Profit margin: 9.7% (in line with 1Q 2020). Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.Major Estimate Revision • Mar 23Consensus EPS estimates increase to CN¥0.62The consensus outlook for earnings per share (EPS) in 2021 has improved. 2021 revenue forecast increased from CN¥1.96b to CN¥2.07b. EPS estimate increased from CN¥0.53 to CN¥0.62 per share. Net income forecast to grow 40% next year vs 40% growth forecast for Electronic industry in China. Consensus price target of CN¥18.46 unchanged from last update. Share price rose 6.2% to CN¥13.24 over the past week.공고 • Mar 19Zhonghang Electronic Measuring Instruments Co., Ltd Proposes 2020 Final DividendZhonghang Electronic Measuring Instruments Co. Ltd. proposed 2020 final distribution. For the period the company proposed cash dividend per 10 shares (tax included) of CNY 0.49538000.공고 • Mar 18Zhonghang Electronic Measuring Instruments Co., Ltd, Annual General Meeting, Apr 09, 2021Zhonghang Electronic Measuring Instruments Co., Ltd, Annual General Meeting, Apr 09, 2021, at 14:00 China Standard Time. Agenda: To consider 2020 work report of the board of directors; to 2020 work report of the supervisory committee; to 2020 audit report; to 2020 annual accounts; to 2020 profit distribution plan; to 2020 annual report and its summary; to appointment of 2021 audit firm; to 2021 connected transactions; to purchase of liability insurance for directors, supervisors and senior management; to amendments to the remuneration and allowance management system for directors, supervisors and senior management; to election of non-independent directors; to election of independent directors; and to election of non-employee supervisors.Reported Earnings • Mar 17Full year 2020 earnings released: EPS CN¥0.45 (vs CN¥0.36 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: CN¥1.76b (up 14% from FY 2019). Net income: CN¥262.5m (up 24% from FY 2019). Profit margin: 15% (up from 14% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.공고 • Feb 18Zhonghang Electronic Measuring Instruments Co., Ltd to Report Fiscal Year 2020 Results on Mar 17, 2021Zhonghang Electronic Measuring Instruments Co., Ltd announced that they will report fiscal year 2020 results on Mar 17, 2021Valuation Update With 7 Day Price Move • Jan 28Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to CN¥13.20, the stock is trading at a trailing P/E ratio of 32.1x, down from the previous P/E ratio of 38.8x. This compares to an average P/E of 40x in the Electronic industry in China. Total returns to shareholders over the past three years are 49%.Is New 90 Day High Low • Jan 26New 90-day low: CN¥13.38The company is down 20% from its price of CN¥16.75 on 28 October 2020. The Chinese market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 7.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥0.59 per share.Is New 90 Day High Low • Dec 10New 90-day low: CN¥13.93The company is down 6.0% from its price of CN¥14.81 on 11 September 2020. The Chinese market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 6.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥0.59 per share.Reported Earnings • Oct 28Third quarter earnings releasedOver the last 12 months the company has reported total profits of CN¥247.3m, up 18% from the prior year. Total revenue was CN¥1.72b over the last 12 months, up 13% from the prior year.공고 • Oct 20Zhonghang Electronic Measuring Instruments Co., Ltd to Report Q3, 2020 Results on Oct 28, 2020Zhonghang Electronic Measuring Instruments Co., Ltd announced that they will report Q3, 2020 results on Oct 28, 2020Is New 90 Day High Low • Oct 12New 90-day high: CN¥17.73The company is up 30% from its price of CN¥13.65 on 14 July 2020. The Chinese market is down 6.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is down 7.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥0.98 per share.Is New 90 Day High Low • Sep 21New 90-day high: CN¥16.47The company is up 46% from its price of CN¥11.28 on 23 June 2020. The Chinese market is up 14% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is up 11% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥0.98 per share.공고 • Aug 13Zhonghang Electronic Measuring Instruments Co., Ltd to Report First Half, 2020 Results on Aug 28, 2020Zhonghang Electronic Measuring Instruments Co., Ltd announced that they will report first half, 2020 results on Aug 28, 2020이익 및 매출 성장 예측SZSE:302132 - 애널리스트 향후 추정치 및 과거 재무 데이터 (CNY Millions)날짜매출이익자유현금흐름영업현금흐름평균 애널리스트 수12/31/202887,1824,943N/A3,732112/31/202785,4724,264N/A3,243112/31/202680,6343,772N/A10,44913/31/202677,9963,469-4,269-2,325N/A12/31/202575,3593,432-4,368-2,542N/A9/30/20254,593-1,06713,98514,249N/A6/30/2025-11,452-1,8573,2653,685N/A3/31/202550,8541,889-1,980-206N/A12/31/202465,0553,224-13,865-12,249N/A9/30/202445,9253,347-19,340-18,302N/A6/30/202434,7382,879-11,754-11,211N/A3/31/202418,8291,566-10,071-9,671N/A12/31/20231,67798-109130N/A9/30/20231,677-92-18368N/A6/30/20231,836-21-290-21N/A3/31/20231,8541-18476N/A1/1/20231,9053-17150N/A9/30/20221,852234-13393N/A6/30/20221,850244-243-15N/A3/31/20221,936292-316-108N/A1/1/20221,943307-279-15N/A9/30/20211,975309-15350N/A6/30/20211,97330720180N/A3/31/20211,8532693229N/A12/31/20201,76026357216N/A9/30/20201,71724729177N/A6/30/20201,586231-5137N/A3/31/20201,547216194241N/A12/31/20191,545212N/A324N/A9/30/20191,525210N/A262N/A6/30/20191,468190N/A251N/A3/31/20191,404164N/A139N/A12/31/20181,388156N/A87N/A9/30/20181,359159N/A160N/A6/30/20181,356149N/A153N/A3/31/20181,295136N/A148N/A12/31/20171,241129N/A148N/A9/30/20171,240121N/A167N/A6/30/20171,166113N/A152N/A3/31/20171,146107N/A193N/A12/31/20161,086103N/A234N/A9/30/20161,035108N/A151N/A6/30/20161,046107N/A162N/A3/31/20161,040101N/A182N/A12/31/20151,024100N/A177N/A9/30/201596797N/A104N/A더 보기애널리스트 향후 성장 전망수입 대 저축률: 302132 의 연간 예상 수익 증가율(13%)이 saving rate(2.4%)보다 높습니다.수익 vs 시장: 302132 의 연간 수익(13%)이 CN 시장(25.9%)보다 느리게 성장할 것으로 예상됩니다.고성장 수익: 302132 의 수입은 증가할 것으로 예상되지만 상당히 증가하지는 않을 것입니다.수익 대 시장: 302132 의 수익(연간 4.2%)이 CN 시장(연간 16%)보다 느리게 성장할 것으로 예상됩니다.고성장 매출: 302132 의 수익(연간 4.2%)은 연간 20%보다 느리게 증가할 것으로 예상됩니다.주당순이익 성장 예측향후 자기자본이익률미래 ROE: 302132의 자본 수익률은 3년 후 18.4%로 낮을 것으로 예상됩니다.성장 기업 찾아보기7D1Y7D1Y7D1YTech 산업의 고성장 기업.View Past Performance기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/07/27 19:56종가2026/07/27 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 모델의 세부 정보는 당사의 GitHub 페이지에서 확인하실 수 있습니다. 또한 보고서 사용 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 소스AVIC Chengdu Aircraft Company Limited는 3명의 분석가가 다루고 있습니다. 이 중 1명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Nianchun WangGuosen Securities Co., Ltd.Kang ShiIndustrial Securities Co. Ltd.Dingru ChenZhongtai Securities Co. Ltd.
Major Estimate Revision • Mar 23Consensus EPS estimates increase to CN¥0.62The consensus outlook for earnings per share (EPS) in 2021 has improved. 2021 revenue forecast increased from CN¥1.96b to CN¥2.07b. EPS estimate increased from CN¥0.53 to CN¥0.62 per share. Net income forecast to grow 40% next year vs 40% growth forecast for Electronic industry in China. Consensus price target of CN¥18.46 unchanged from last update. Share price rose 6.2% to CN¥13.24 over the past week.
공고 • Jun 30AVIC Chengdu Aircraft Company Limited to Report First Half, 2026 Results on Aug 24, 2026AVIC Chengdu Aircraft Company Limited announced that they will report first half, 2026 results on Aug 24, 2026
Declared Dividend • Jun 15Dividend of CN¥0.39 announcedShareholders will receive a dividend of CN¥0.39. Ex-date: 16th June 2026 Payment date: 16th June 2026 Dividend yield will be 0.6%, which is lower than the industry average of 1.8%. Sustainability & Growth Dividend is covered by earnings (30% 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 increased by an average of 40% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 40% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Reported Earnings • Apr 30First quarter 2026 earnings released: EPS: CN¥0.072 (vs CN¥0.059 in 1Q 2025)First quarter 2026 results: EPS: CN¥0.072 (up from CN¥0.059 in 1Q 2025). Revenue: CN¥5.95b (up 80% from 1Q 2025). Net income: CN¥192.7m (up 23% from 1Q 2025). Profit margin: 3.2% (down from 4.7% in 1Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 56% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.
New Risk • Apr 30New major risk - Dividend sustainabilityThe dividend is not well covered by earnings and cash flows. The company is paying a dividend despite being loss-making. The company is paying a dividend despite having no free cash flows. Dividend yield: 0.9% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. 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.
공고 • Apr 29AVIC Chengdu Aircraft Company Limited, Annual General Meeting, May 22, 2026AVIC Chengdu Aircraft Company Limited, Annual General Meeting, May 22, 2026, at 14:00 China Standard Time. Location: No. 39, Jingyi Road, Huangtianba, Qingyang District, Chengdu, Sichuan China
공고 • Mar 31AVIC Chengdu Aircraft Company Limited to Report Q1, 2026 Results on Apr 29, 2026AVIC Chengdu Aircraft Company Limited announced that they will report Q1, 2026 results on Apr 29, 2026
New Risk • Jan 06New major risk - Revenue and earnings growthEarnings have declined by 7.7% 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 Risks Earnings have declined by 7.7% per year over the past 5 years. Shareholders have been substantially diluted in the past year (356% increase in shares outstanding). Minor Risk Paying a dividend despite being loss-making.
공고 • Dec 31AVIC Chengdu Aircraft Company Limited to Report Fiscal Year 2025 Results on Mar 31, 2026AVIC Chengdu Aircraft Company Limited announced that they will report fiscal year 2025 results on Mar 31, 2026
Reported Earnings • Oct 29Third quarter 2025 earnings released: EPS: CN¥0.47 (vs CN¥0.037 in 3Q 2024)Third quarter 2025 results: EPS: CN¥0.47 (up from CN¥0.037 in 3Q 2024). Revenue: CN¥27.6b (up CN¥27.2b from 3Q 2024). Net income: CN¥1.26b (up CN¥1.24b from 3Q 2024). Profit margin: 4.6% (down from 5.2% in 3Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 34% 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 14% per year but the company’s share price has increased by 102% per year, which means it is tracking significantly ahead of earnings growth.
공고 • Sep 30AVIC Chengdu Aircraft Company Limited to Report Q3, 2025 Results on Oct 29, 2025AVIC Chengdu Aircraft Company Limited announced that they will report Q3, 2025 results on Oct 29, 2025
New Risk • Sep 21New minor risk - Dividend sustainabilityThe dividend is not well covered by earnings. The company is paying a dividend despite being loss-making. Dividend yield: 0.7% This is considered a minor risk. Companies that pay out too much of their earnings are at risk of having to reduce or cut their dividend in future. If earnings growth slows or earnings fall, then there may not be enough earnings to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. However, this risk is mitigated by the fact the dividend is covered by cash flows. 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 Risks Shareholders have been substantially diluted in the past year (356% increase in shares outstanding). Revenue is less than US$1m. Minor Risks Paying a dividend despite being loss-making. Share price has been volatile over the past 3 months (7.6% average weekly change).
Reported Earnings • Aug 28Second quarter 2025 earnings released: EPS: CN¥0.28 (vs CN¥0.10 in 2Q 2024)Second quarter 2025 results: EPS: CN¥0.28 (up from CN¥0.10 in 2Q 2024). Revenue: CN¥17.4b (up CN¥16.9b from 2Q 2024). Net income: CN¥756.3m (up CN¥692.5m from 2Q 2024). Profit margin: 4.3% (down from 13% in 2Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 41% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has increased by 109% per year, which means it is tracking significantly ahead of earnings growth.
공고 • Jul 02AVIC Chengdu Aircraft Company Limited to Report First Half, 2025 Results on Aug 28, 2025AVIC Chengdu Aircraft Company Limited announced that they will report first half, 2025 results on Aug 28, 2025
공고 • Jun 19Avic Chengdu Aircraft Company Limited Declares First Quarter Dividend on A Share of Year 2025, Payable on 24 June 2025AVIC Chengdu Aircraft Company Limited declared first quarter Cash dividend/10 shares (tax included) of CNY6.23000000 on A share of year 2025. Record date is 23 June 2025. Ex-date is 24 June 2025. Payment date is 24 June 2025.
New Risk • May 30New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 356% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (12% average weekly change). Shareholders have been substantially diluted in the past year (356% increase in shares outstanding). Revenue is less than US$1m.
공고 • May 20AVIC Chengdu Aircraft Company Limited Approves Profit Distribution Plan for 2024AVIC Chengdu Aircraft Company Limited held its 2nd Extraordinary General Meeting of 2025 on 16 May 2025, were approved 2024 profit distribution plan as Cash dividend/10 shares (tax included): CNY 6.23000000.
New Risk • May 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 8.8% 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 Revenue is less than US$1m. Minor Risk Share price has been volatile over the past 3 months (8.8% average weekly change).
New Risk • Apr 30New major risk - Revenue sizeThe company makes less than US$1m in revenue. This is considered a major risk. Companies with a small amount of revenue are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. This is currently the only risk that has been identified for the company.
공고 • Apr 24AVIC Chengdu Aircraft Company Limited Approves Cash Dividend for 2024AVIC Chengdu Aircraft Company Limited at its Annual General Meeting held on 21 April 2025 approved cash dividend of CNY 0.14000000 per 10 shares (tax included) for 2024.
공고 • Mar 31AVIC Chengdu Aircraft Company Limited to Report Q1, 2025 Results on Apr 29, 2025AVIC Chengdu Aircraft Company Limited announced that they will report Q1, 2025 results on Apr 29, 2025
Reported Earnings • Mar 28Full year 2024 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2024 results: EPS: CN¥0.19 (up from CN¥0.17 in FY 2023). Revenue: CN¥1.78b (up 6.1% from FY 2023). Net income: CN¥112.3m (up 14% from FY 2023). Profit margin: 6.3% (up from 5.9% in FY 2023). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 2.6%. Earnings per share (EPS) missed analyst estimates by 14%. Revenue is forecast to grow 11% p.a. on average during the next 2 years, compared to a 18% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has fallen by 29% per year but the company’s share price has increased by 67% per year, which means it is well ahead of earnings.
공고 • Mar 28AVIC Chengdu Aircraft Company Limited, Annual General Meeting, Apr 21, 2025AVIC Chengdu Aircraft Company Limited, Annual General Meeting, Apr 21, 2025, at 14:00 China Standard Time. Location: No. 39, Jingyi Road, Huangtianba, Qingyang District, Chengdu, Sichuan China
공고 • Jan 24Zhonghang Electronic Measuring Instruments Co.,Ltd Announces Board ChangesZhonghang Electronic Measuring Instruments Co.,Ltd held its 1st Extraordinary General Meeting of 2025 on 22 January 2025 were approved; Sui Shaochun, non-independent director, Jiang Min, non-independent director, Meng Jinqiang, non-independent director, Li Shimin, non-independent director, Xu Dongsheng, non-independent director, Sun Shaoshan, non-independent director, Tian Gang, non-independent director, Ye Zhongming, independent director, Li Bo, independent director, Guo Jianfeng, independent director Liu Zhewei, independent director, Nie Xiaoming, non-employee supervisor, Zhou Xunwen, non-employee supervisor.
공고 • Dec 31Zhonghang Electronic Measuring Instruments Co.,Ltd to Report Fiscal Year 2024 Results on Mar 14, 2025Zhonghang Electronic Measuring Instruments Co.,Ltd announced that they will report fiscal year 2024 results on Mar 14, 2025
Reported Earnings • Oct 24Third quarter 2024 earnings released: EPS: CN¥0.037 (vs CN¥0.003 loss in 3Q 2023)Third quarter 2024 results: EPS: CN¥0.037 (up from CN¥0.003 loss in 3Q 2023). Revenue: CN¥370.4m (up 4.9% from 3Q 2023). Net income: CN¥19.2m (up CN¥20.8m from 3Q 2023). Profit margin: 5.2% (up from net loss in 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 55% per year but the company’s share price has increased by 73% per year, which means it is well ahead of earnings.
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 6.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 26% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (6.9% average weekly change). Large one-off items impacting financial results.
공고 • Sep 30Zhonghang Electronic Measuring Instruments Co.,Ltd to Report Q3, 2024 Results on Oct 24, 2024Zhonghang Electronic Measuring Instruments Co.,Ltd announced that they will report Q3, 2024 results on Oct 24, 2024
New Risk • Aug 31New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 26% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 26% per year over the past 5 years. Minor Risk Large one-off items impacting financial results.
Reported Earnings • Aug 29Second quarter 2024 earnings released: EPS: CN¥0.10 (vs CN¥0.13 in 2Q 2023)Second quarter 2024 results: EPS: CN¥0.10 (down from CN¥0.13 in 2Q 2023). Revenue: CN¥492.4m (down 4.4% from 2Q 2023). Net income: CN¥63.8m (down 18% from 2Q 2023). Profit margin: 13% (down from 15% in 2Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 109 percentage points per year, which is a significant difference in performance.
공고 • Jun 29Zhonghang Electronic Measuring Instruments Co.,Ltd to Report First Half, 2024 Results on Aug 29, 2024Zhonghang Electronic Measuring Instruments Co.,Ltd announced that they will report first half, 2024 results on Aug 29, 2024
Reported Earnings • Apr 26First quarter 2024 earnings released: EPS: CN¥0.034 (vs CN¥0.039 in 1Q 2023)First quarter 2024 results: EPS: CN¥0.034 (down from CN¥0.039 in 1Q 2023). Revenue: CN¥325.7m (down 9.0% from 1Q 2023). Net income: CN¥20.2m (down 12% from 1Q 2023). Profit margin: 6.2% (down from 6.4% in 1Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 37% per year but the company’s share price has increased by 48% per year, which means it is well ahead of earnings.
공고 • Mar 30Zhonghang Electronic Measuring Instruments Co.,Ltd to Report Q1, 2024 Results on Apr 26, 2024Zhonghang Electronic Measuring Instruments Co.,Ltd announced that they will report Q1, 2024 results on Apr 26, 2024
공고 • Mar 16Zhonghang Electronic Measuring Instruments Co.,Ltd, Annual General Meeting, Apr 11, 2024Zhonghang Electronic Measuring Instruments Co.,Ltd, Annual General Meeting, Apr 11, 2024, at 14:00 China Standard Time. Location: The Company's Meeting Room, Xi'an, Shaanxi China Agenda: To consider 2023 work report of the board of directors; to consider 2023 work report of the supervisory committee; to consider 2023 audit report; to consider 2023 annual accounts report; to consider 2023 profit distribution plan; to consider 2023 annual report and its summary; to consider 2023 ESG Report; to consider reappointment of 2024 audit firm;to consider 2024 connected transactions; to consider 2024 investment plan and increase of projects; and to consider 2024 financial budget report.
Reported Earnings • Mar 15Full year 2023 earnings released: EPS: CN¥0.17 (vs CN¥0.33 in FY 2022)Full year 2023 results: EPS: CN¥0.17 (down from CN¥0.33 in FY 2022). Revenue: CN¥1.68b (down 12% from FY 2022). Net income: CN¥98.2m (down 49% from FY 2022). Profit margin: 5.9% (down from 10% in FY 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 29% per year but the company’s share price has increased by 49% per year, which means it is well ahead of earnings.
공고 • Dec 30Zhonghang Electronic Measuring Instruments Co.,Ltd to Report Fiscal Year 2023 Results on Mar 15, 2024Zhonghang Electronic Measuring Instruments Co.,Ltd announced that they will report fiscal year 2023 results on Mar 15, 2024
Reported Earnings • Oct 25Third quarter 2023 earnings released: CN¥0.003 loss per share (vs CN¥0.12 profit in 3Q 2022)Third quarter 2023 results: CN¥0.003 loss per share (down from CN¥0.12 profit in 3Q 2022). Revenue: CN¥353.0m (down 31% from 3Q 2022). Net loss: CN¥1.59m (down 102% from profit in 3Q 2022). Revenue is forecast to grow 41% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has increased by 41% per year, which means it is well ahead of earnings.
New Risk • Oct 13New 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 8.0% 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 (8.0% average weekly change). Minor Risk Profit margins are more than 30% lower than last year (9.2% net profit margin).
Reported Earnings • Aug 29Second quarter 2023 earnings released: EPS: CN¥0.13 (vs CN¥0.17 in 2Q 2022)Second quarter 2023 results: EPS: CN¥0.13 (down from CN¥0.17 in 2Q 2022). Revenue: CN¥515.1m (down 3.3% from 2Q 2022). Net income: CN¥77.9m (down 22% from 2Q 2022). Profit margin: 15% (down from 19% in 2Q 2022). Revenue is forecast to grow 42% p.a. on average during the next 3 years, compared to a 19% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has increased by 39% per year, which means it is well ahead of earnings.
New Risk • Jul 28New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 7.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (7.2% average weekly change). Profit margins are more than 30% lower than last year (10% net profit margin).
Reported Earnings • Apr 26First quarter 2023 earnings released: EPS: CN¥0.039 (vs CN¥0.043 in 1Q 2022)First quarter 2023 results: EPS: CN¥0.039 (down from CN¥0.043 in 1Q 2022). Revenue: CN¥357.8m (down 13% from 1Q 2022). Net income: CN¥22.9m (down 9.6% from 1Q 2022). Profit margin: 6.4% (up from 6.2% in 1Q 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 66% per year, which means it is well ahead of earnings.
Valuation Update With 7 Day Price Move • Feb 08Investor sentiment improves as stock rises 149%After last week's 149% share price gain to CN¥26.34, the stock trades at a trailing P/E ratio of 65.9x. Average trailing P/E is 39x in the Electronic industry in China. Total returns to shareholders of 146% over the past three years.
공고 • Feb 04Zhonghang Electronic Measuring Instruments Co.,Ltd (SZSE:300114) agreed to acquire Chengdu Aircraft Industrial (Group) Co. Ltd. from Aviation Industry Corporation of China,Ltd.Zhonghang Electronic Measuring Instruments Co.,Ltd (SZSE:300114) agreed to acquire Chengdu Aircraft Industrial (Group) Co. Ltd. from Aviation Industry Corporation of China,Ltd. on February 1, 2023. Transaction is approved by Zhonghang Electronic's board. Transaction is subject to approval from Zhonghang Electronic's shareholders, 4.The assessment reports obtaining the filing of the authorized state-owned assets supervision and administration commission (SASAC), State Administration of Science, Technology and Industry for National Defense, Shenzhen Stock Exchange’s Approval, CSRC’s Approval and other necessary approval.
Board Change • Feb 02High number of new and inexperienced directorsThere are 7 new directors who have joined the board in the last 3 years. The company's board is composed of: 7 new directors. 5 experienced directors. No highly experienced directors. Supervisor Changxun Yuan is the most experienced director on the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.
Board Change • Nov 16High number of new and inexperienced directorsThere are 7 new directors who have joined the board in the last 3 years. The company's board is composed of: 7 new directors. 5 experienced directors. No highly experienced directors. Supervisor Changxun Yuan is the most experienced director on the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.
Reported Earnings • Oct 25Third quarter 2022 earnings released: EPS: CN¥0.12 (vs CN¥0.13 in 3Q 2021)Third quarter 2022 results: EPS: CN¥0.12 (down from CN¥0.13 in 3Q 2021). Revenue: CN¥512.3m (flat on 3Q 2021). Net income: CN¥69.8m (down 12% from 3Q 2021). Profit margin: 14% (down from 16% in 3Q 2021). Revenue is forecast to grow 26% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.
Reported Earnings • Aug 31Second quarter 2022 earnings released: EPS: CN¥0.17 (vs CN¥0.25 in 2Q 2021)Second quarter 2022 results: EPS: CN¥0.17 (down from CN¥0.25 in 2Q 2021). Revenue: CN¥532.4m (down 14% from 2Q 2021). Net income: CN¥99.5m (down 33% from 2Q 2021). Profit margin: 19% (down from 24% in 2Q 2021). The decrease in margin was driven by lower revenue. Over the next year, revenue is forecast to grow 38%, compared to a 27% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings.
공고 • Jun 08Zhonghang Electronic Measuring Instruments Co.,Ltd. Announces Cash Dividend for 2021, Payable on 14 June 2022Zhonghang Electronic Measuring Instruments Co.,Ltd. announced Cash dividend per 10 shares (tax included): CNY 0.50000000 for 2021. Record date is 13 June 2022, Ex-date is 14 June 2022 and Payment date is 14 June 2022.
Reported Earnings • Apr 28First quarter 2022 earnings released: EPS: CN¥0.043 (vs CN¥0.068 in 1Q 2021)First quarter 2022 results: EPS: CN¥0.043 (down from CN¥0.068 in 1Q 2021). Revenue: CN¥409.3m (down 1.6% from 1Q 2021). Net income: CN¥25.3m (down 37% from 1Q 2021). Profit margin: 6.2% (down from 9.7% in 1Q 2021). The decrease in margin was primarily driven by higher expenses. Over the next year, revenue is forecast to grow 25%, compared to a 24% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.
Board Change • Apr 27High number of new and inexperienced directorsThere are 7 new directors who have joined the board in the last 3 years. The company's board is composed of: 7 new directors. 5 experienced directors. No highly experienced directors. Supervisor Changxun Yuan is the most experienced director on the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.
공고 • Apr 23Zhonghang Electronic Measuring Instruments Co.,Ltd Approves Final Cash Dividend for 2021Zhonghang Electronic Measuring Instruments Co.,Ltd approved final cash dividend of CNY 0.50000000 per 10 shares (tax included) for 2021, at its AGM held on April 21, 2022.
Reported Earnings • Apr 03Full year 2021 earnings released: EPS: CN¥0.52 (vs CN¥0.45 in FY 2020)Full year 2021 results: EPS: CN¥0.52 (up from CN¥0.45 in FY 2020). Revenue: CN¥1.94b (up 10% from FY 2020). Net income: CN¥307.0m (up 17% from FY 2020). Profit margin: 16% (in line with FY 2020). Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.
공고 • Apr 02Zhonghang Electronic Measuring Instruments Co.,Ltd, Annual General Meeting, Apr 21, 2022Zhonghang Electronic Measuring Instruments Co.,Ltd, Annual General Meeting, Apr 21, 2022, at 14:00 China Standard Time. Agenda: To consider 2021 work report of the board of directors; to 2021 work report of the supervisory committee; to 2021 audit report; to 2021 annual accounts; to Reappointment of 2022 audit firm; to Amendments to the articles of associations of the Company; to By-election of Wei Fuyuan as a non-independent director; and to Formulation of the reporting system for the board of directors to the general meeting of shareholders.
공고 • Apr 01Zhonghang Electronic Measuring Instruments Co.,Ltd Proposes Final Cash Dividend for 2021Zhonghang Electronic Measuring Instruments Co.,Ltd proposed final cash dividend of CNY 0.50000000 per 10 shares (tax included) for 2021.
Reported Earnings • Oct 27Third quarter 2021 earnings released: EPS CN¥0.13 (vs CN¥0.13 in 3Q 2020)The company reported a solid third quarter result with improved earnings, although revenues and profit margins were flat. Third quarter 2021 results: Revenue: CN¥509.7m (flat on 3Q 2020). Net income: CN¥79.5m (up 2.2% from 3Q 2020). Profit margin: 16% (in line with 3Q 2020). Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Aug 27Second quarter 2021 earnings released: EPS CN¥0.25 (vs CN¥0.18 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CN¥618.9m (up 24% from 2Q 2020). Net income: CN¥147.5m (up 35% from 2Q 2020). Profit margin: 24% (up from 22% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 24% per year whereas the company’s share price has increased by 25% per year.
Valuation Update With 7 Day Price Move • Aug 04Investor sentiment improved over the past weekAfter last week's 19% share price gain to CN¥17.61, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 31x in the Electronic industry in China. Total returns to shareholders of 93% over the past three years.
Valuation Update With 7 Day Price Move • Jul 08Investor sentiment improved over the past weekAfter last week's 17% share price gain to CN¥16.97, the stock trades at a forward P/E ratio of 26x. Average forward P/E is 29x in the Electronic industry in China. Total returns to shareholders of 75% over the past three years.
공고 • May 29Zhonghang Electronic Measuring Instruments Co., Ltd Announces 2020 Final Distribution Plan, Payable on 4 June 2021Zhonghang Electronic Measuring Instruments Co. Ltd. announced 2020 final distribution plan to be implemented (A shares) of cash dividend CNY 0.50400200 per 10 shares (tax included). The dividend is payable on 4 June 2021 with the record date of 3 June 2021. Ex-date is 4 June 2021.
Reported Earnings • Apr 29First quarter 2021 earnings released: EPS CN¥0.068 (vs CN¥0.057 in 1Q 2020)The company reported a solid first quarter result with improved earnings and revenues, although profit margins were flat. First quarter 2021 results: Revenue: CN¥416.1m (up 29% from 1Q 2020). Net income: CN¥40.3m (up 20% from 1Q 2020). Profit margin: 9.7% (in line with 1Q 2020). Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.
Major Estimate Revision • Mar 23Consensus EPS estimates increase to CN¥0.62The consensus outlook for earnings per share (EPS) in 2021 has improved. 2021 revenue forecast increased from CN¥1.96b to CN¥2.07b. EPS estimate increased from CN¥0.53 to CN¥0.62 per share. Net income forecast to grow 40% next year vs 40% growth forecast for Electronic industry in China. Consensus price target of CN¥18.46 unchanged from last update. Share price rose 6.2% to CN¥13.24 over the past week.
공고 • Mar 19Zhonghang Electronic Measuring Instruments Co., Ltd Proposes 2020 Final DividendZhonghang Electronic Measuring Instruments Co. Ltd. proposed 2020 final distribution. For the period the company proposed cash dividend per 10 shares (tax included) of CNY 0.49538000.
공고 • Mar 18Zhonghang Electronic Measuring Instruments Co., Ltd, Annual General Meeting, Apr 09, 2021Zhonghang Electronic Measuring Instruments Co., Ltd, Annual General Meeting, Apr 09, 2021, at 14:00 China Standard Time. Agenda: To consider 2020 work report of the board of directors; to 2020 work report of the supervisory committee; to 2020 audit report; to 2020 annual accounts; to 2020 profit distribution plan; to 2020 annual report and its summary; to appointment of 2021 audit firm; to 2021 connected transactions; to purchase of liability insurance for directors, supervisors and senior management; to amendments to the remuneration and allowance management system for directors, supervisors and senior management; to election of non-independent directors; to election of independent directors; and to election of non-employee supervisors.
Reported Earnings • Mar 17Full year 2020 earnings released: EPS CN¥0.45 (vs CN¥0.36 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: CN¥1.76b (up 14% from FY 2019). Net income: CN¥262.5m (up 24% from FY 2019). Profit margin: 15% (up from 14% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.
공고 • Feb 18Zhonghang Electronic Measuring Instruments Co., Ltd to Report Fiscal Year 2020 Results on Mar 17, 2021Zhonghang Electronic Measuring Instruments Co., Ltd announced that they will report fiscal year 2020 results on Mar 17, 2021
Valuation Update With 7 Day Price Move • Jan 28Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to CN¥13.20, the stock is trading at a trailing P/E ratio of 32.1x, down from the previous P/E ratio of 38.8x. This compares to an average P/E of 40x in the Electronic industry in China. Total returns to shareholders over the past three years are 49%.
Is New 90 Day High Low • Jan 26New 90-day low: CN¥13.38The company is down 20% from its price of CN¥16.75 on 28 October 2020. The Chinese market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 7.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥0.59 per share.
Is New 90 Day High Low • Dec 10New 90-day low: CN¥13.93The company is down 6.0% from its price of CN¥14.81 on 11 September 2020. The Chinese market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 6.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥0.59 per share.
Reported Earnings • Oct 28Third quarter earnings releasedOver the last 12 months the company has reported total profits of CN¥247.3m, up 18% from the prior year. Total revenue was CN¥1.72b over the last 12 months, up 13% from the prior year.
공고 • Oct 20Zhonghang Electronic Measuring Instruments Co., Ltd to Report Q3, 2020 Results on Oct 28, 2020Zhonghang Electronic Measuring Instruments Co., Ltd announced that they will report Q3, 2020 results on Oct 28, 2020
Is New 90 Day High Low • Oct 12New 90-day high: CN¥17.73The company is up 30% from its price of CN¥13.65 on 14 July 2020. The Chinese market is down 6.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is down 7.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥0.98 per share.
Is New 90 Day High Low • Sep 21New 90-day high: CN¥16.47The company is up 46% from its price of CN¥11.28 on 23 June 2020. The Chinese market is up 14% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is up 11% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥0.98 per share.
공고 • Aug 13Zhonghang Electronic Measuring Instruments Co., Ltd to Report First Half, 2020 Results on Aug 28, 2020Zhonghang Electronic Measuring Instruments Co., Ltd announced that they will report first half, 2020 results on Aug 28, 2020