View Future GrowthTelling Telecommunication HoldingLtd 과거 순이익 실적과거 기준 점검 0/6Telling Telecommunication HoldingLtd 의 수입은 연평균 -53.6%의 비율로 감소해 온 반면, Electronic 산업은 연평균 0.3%의 비율로 증가했습니다. 매출은 연평균 6.4%의 비율로 증가해 왔습니다.핵심 정보-53.56%순이익 성장률-53.49%주당순이익(EPS) 성장률Electronic 산업 성장률10.93%매출 성장률6.38%자기자본이익률0.68%순이익률-0.019%최근 순이익 업데이트31 Mar 2026최근 과거 실적 업데이트공시 • Mar 31Telling Telecommunication Holding Co.,Ltd to Report Q1, 2026 Results on Apr 29, 2026Telling Telecommunication Holding Co.,Ltd announced that they will report Q1, 2026 results on Apr 29, 2026공시 • Dec 31Telling Telecommunication Holding Co.,Ltd to Report Fiscal Year 2025 Results on Apr 29, 2026Telling Telecommunication Holding Co.,Ltd announced that they will report fiscal year 2025 results on Apr 29, 2026공시 • Sep 30Telling Telecommunication Holding Co.,Ltd to Report Q3, 2025 Results on Oct 27, 2025Telling Telecommunication Holding Co.,Ltd announced that they will report Q3, 2025 results on Oct 27, 2025공시 • Jul 02Telling Telecommunication Holding Co.,Ltd to Report First Half, 2025 Results on Aug 30, 2025Telling Telecommunication Holding Co.,Ltd announced that they will report first half, 2025 results on Aug 30, 2025공시 • Mar 31Telling Telecommunication Holding Co.,Ltd to Report Q1, 2025 Results on Apr 30, 2025Telling Telecommunication Holding Co.,Ltd announced that they will report Q1, 2025 results on Apr 30, 2025공시 • Dec 31Telling Telecommunication Holding Co.,Ltd to Report Fiscal Year 2024 Results on Apr 24, 2025Telling Telecommunication Holding Co.,Ltd announced that they will report fiscal year 2024 results on Apr 24, 2025모든 업데이트 보기Recent updatesBoard Change • May 20Insufficient 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. 4 highly experienced directors. Director Zhengping Xiong 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.공시 • Apr 29Telling Telecommunication Holding Co.,Ltd, Annual General Meeting, May 22, 2026Telling Telecommunication Holding Co.,Ltd, Annual General Meeting, May 22, 2026, at 13:30 China Standard Time. Location: Tower D, No. 117, Dewai Avenue, Xicheng District, Beijing China공시 • Mar 31Telling Telecommunication Holding Co.,Ltd to Report Q1, 2026 Results on Apr 29, 2026Telling Telecommunication Holding Co.,Ltd announced that they will report Q1, 2026 results on Apr 29, 2026공시 • Dec 31Telling Telecommunication Holding Co.,Ltd to Report Fiscal Year 2025 Results on Apr 29, 2026Telling Telecommunication Holding Co.,Ltd announced that they will report fiscal year 2025 results on Apr 29, 2026공시 • Sep 30Telling Telecommunication Holding Co.,Ltd to Report Q3, 2025 Results on Oct 27, 2025Telling Telecommunication Holding Co.,Ltd announced that they will report Q3, 2025 results on Oct 27, 2025공시 • Jul 02Telling Telecommunication Holding Co.,Ltd to Report First Half, 2025 Results on Aug 30, 2025Telling Telecommunication Holding Co.,Ltd announced that they will report first half, 2025 results on Aug 30, 2025공시 • May 27Telling Telecommunication Holding Co.,Ltd Approves Cash Dividend for the Year 2024Telling Telecommunication Holding Co.,Ltd held its Annual General Meeting of 2024 on 23 May 2025, during which the following proposal(s) was/were approved: Cash dividend/10 shares (tax included): CNY 0.10000000 for the year 2024.공시 • Apr 29Telling Telecommunication Holding Co.,Ltd, Annual General Meeting, May 23, 2025Telling Telecommunication Holding Co.,Ltd, Annual General Meeting, May 23, 2025, at 13:30 China Standard Time.공시 • Mar 31Telling Telecommunication Holding Co.,Ltd to Report Q1, 2025 Results on Apr 30, 2025Telling Telecommunication Holding Co.,Ltd announced that they will report Q1, 2025 results on Apr 30, 2025공시 • Dec 31Telling Telecommunication Holding Co.,Ltd to Report Fiscal Year 2024 Results on Apr 24, 2025Telling Telecommunication Holding Co.,Ltd announced that they will report fiscal year 2024 results on Apr 24, 2025Reported Earnings • Oct 31Third quarter 2024 earnings released: EPS: CN¥0.011 (vs CN¥0.021 in 3Q 2023)Third quarter 2024 results: EPS: CN¥0.011 (down from CN¥0.021 in 3Q 2023). Revenue: CN¥18.3b (down 8.5% from 3Q 2023). Net income: CN¥10.9m (down 49% from 3Q 2023). Profit margin: 0.1% (in line with 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 59% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings.공시 • Sep 30Telling Telecommunication Holding Co.,Ltd to Report Q3, 2024 Results on Oct 31, 2024Telling Telecommunication Holding Co.,Ltd announced that they will report Q3, 2024 results on Oct 31, 2024Reported Earnings • Aug 29Second quarter 2024 earnings released: CN¥0.006 loss per share (vs CN¥0.046 profit in 2Q 2023)Second quarter 2024 results: CN¥0.006 loss per share (down from CN¥0.046 profit in 2Q 2023). Revenue: CN¥24.9b (down 5.9% from 2Q 2023). Net loss: CN¥6.15m (down 113% from profit in 2Q 2023). Profit margin: 0% (down from 0.2% in 2Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 45% per year but the company’s share price has only fallen by 28% per year, which means it has not declined as severely as earnings.New Risk • Aug 05New 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 7.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.2x net interest cover). Minor Risks Share price has been volatile over the past 3 months (7.3% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.04% net profit margin).공시 • Jun 29Telling Telecommunication Holding Co.,Ltd to Report First Half, 2024 Results on Aug 29, 2024Telling Telecommunication Holding Co.,Ltd announced that they will report first half, 2024 results on Aug 29, 2024Declared Dividend • Jun 14Dividend reduced to CN¥0.025Dividend of CN¥0.025 is 22% lower than last year. Ex-date: 19th June 2024 Payment date: 19th June 2024 Dividend yield will be 0.3%, which is lower than the industry average of 1.8%. Payout Ratios Payout ratio: 65%. Cash payout ratio: 7%.New Risk • May 19New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 31% 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 Interest payments are not well covered by earnings (1.2x net interest cover). Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.04% net profit margin).공시 • Apr 30Telling Telecommunication Holding Co.,Ltd, Annual General Meeting, May 20, 2024Telling Telecommunication Holding Co.,Ltd, Annual General Meeting, May 20, 2024, at 13:30 China Standard Time. Location: The Company Headquarters' Meeting Room, Beijing ChinaReported Earnings • Apr 17Full year 2023 earnings released: EPS: CN¥0.08 (vs CN¥0.11 in FY 2022)Full year 2023 results: EPS: CN¥0.08 (down from CN¥0.11 in FY 2022). Revenue: CN¥94.8b (up 24% from FY 2022). Net income: CN¥83.7m (down 24% from FY 2022). Profit margin: 0.1% (in line with FY 2022). Revenue is forecast to grow 12% p.a. on average during the next 2 years, compared to a 17% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings.공시 • Mar 30Telling Telecommunication Holding Co.,Ltd to Report Q1, 2024 Results on Apr 30, 2024Telling Telecommunication Holding Co.,Ltd announced that they will report Q1, 2024 results on Apr 30, 2024New Risk • Mar 17New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.4x net interest cover). High level of non-cash earnings (50% accrual ratio). Minor Risk Latest financial reports are more than 6 months old (reported June 2023 fiscal period end).Valuation Update With 7 Day Price Move • Mar 06Investor sentiment improves as stock rises 22%After last week's 22% share price gain to CN¥9.61, the stock trades at a forward P/E ratio of 34x. Average forward P/E is 22x in the Electronic industry in China. Total returns to shareholders of 67% over the past three years.New Risk • Feb 12New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 50% 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 Interest payments are not well covered by earnings (1.4x net interest cover). Share price has been highly volatile over the past 3 months (9.7% average weekly change). High level of non-cash earnings (50% accrual ratio).Valuation Update With 7 Day Price Move • Feb 02Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to CN¥7.22, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 17x in the Electronic industry in China. Total returns to shareholders of 31% over the past three years.공시 • Dec 29Telling Telecommunication Holding Co.,Ltd to Report Fiscal Year 2023 Results on Apr 29, 2024Telling Telecommunication Holding Co.,Ltd announced that they will report fiscal year 2023 results on Apr 29, 2024New Risk • Nov 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 6.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.5x net interest cover). Minor Risks Share price has been volatile over the past 3 months (6.3% average weekly change). Profit margins are more than 30% lower than last year (0.1% net profit margin).New Risk • Nov 02New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 0.1% Last year net profit margin: 0.3% 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: Major Risk Interest payments are not well covered by earnings (1.5x net interest cover). Minor Risk Profit margins are more than 30% lower than last year (0.1% net profit margin).Reported Earnings • Nov 02Third quarter 2023 earnings released: EPS: CN¥0.021 (vs CN¥0.063 in 3Q 2022)Third quarter 2023 results: EPS: CN¥0.021 (down from CN¥0.063 in 3Q 2022). Revenue: CN¥20.0b (up 35% from 3Q 2022). Net income: CN¥21.6m (down 67% from 3Q 2022). Profit margin: 0.1% (down from 0.4% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 21% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings.Valuation Update With 7 Day Price Move • Oct 30Investor sentiment improves as stock rises 18%After last week's 18% share price gain to CN¥9.21, the stock trades at a forward P/E ratio of 34x. Average forward P/E is 20x in the Electronic industry in China. Total returns to shareholders of 43% over the past three years.Reported Earnings • Aug 31Second quarter 2023 earnings released: EPS: CN¥0.046 (vs CN¥0.049 in 2Q 2022)Second quarter 2023 results: EPS: CN¥0.046 (down from CN¥0.049 in 2Q 2022). Revenue: CN¥26.5b (up 36% from 2Q 2022). Net income: CN¥46.9m (down 6.0% from 2Q 2022). Profit margin: 0.2% (down from 0.3% in 2Q 2022). Revenue is forecast to grow 6.9% 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 6% per year and the company’s share price has also increased by 6% per year.공시 • Aug 10Telling Telecommunication Holding Co.,Ltd announced that it expects to receive CNY 2.5 billion in funding from Shenzhen Investment Holdings Co., LtdTelling Telecommunication Holding Co.,Ltd announced a private placement to issue not more than 307,530,131 shares for an aggregate gross proceeds of not more than CNY 2,500,000,000 on August 8, 2023. The transaction will also include participation from returning investor, Shenzhen Investment Holdings Co., Ltd who will subscribe with more than CNY 476,000,000. The company shall issue shares at a price not less than 80% of the average price in the 20 trading days before the pricing reference date. The transaction will include participation from no more than 35 investors. The shares to be issued shall have a hold period of 6 months from closing of the transaction. The transaction has been approved by the 10th Meeting of the company’s 9th directorate, the 20th meeting of the 9th directorate and the 13th meeting of the 9th Supervisory board. The transaction is still subject to the approval of the company’s shareholders, the Shenzhen Stock Exchange and the China Securities Regulatory Commission.공시 • Jul 01Telling Telecommunication Holding Co.,Ltd to Report First Half, 2023 Results on Jul 31, 2023Telling Telecommunication Holding Co.,Ltd announced that they will report first half, 2023 results on Jul 31, 2023공시 • Jun 08Telling Telecommunication Holding Co.,Ltd Implements Final Profit Distribution Plan of A Shares for 2022, Payable on 13 June 2023Telling Telecommunication Holding Co.,Ltd announced 2022 final profit distribution plan to be implemented (A shares): Cash dividend/10 shares (tax included): CNY 0.32000000. Record date: 12 June 2023, Ex-date: 13 June 2023, Payment date: 13 June 2023.공시 • May 23Telling Telecommunication Holding Approves Cash Dividend for 2022Telling Telecommunication Holding Co.,Ltd at the AGM held on May 19, 2023 approved cash dividend/10 shares (tax included): CNY 0.32000000 for 2022.Reported Earnings • Apr 14Full year 2022 earnings released: EPS: CN¥0.11 (vs CN¥0.20 in FY 2021)Full year 2022 results: EPS: CN¥0.11 (down from CN¥0.20 in FY 2021). Revenue: CN¥76.4b (up 7.6% from FY 2021). Net income: CN¥109.9m (down 47% from FY 2021). Profit margin: 0.1% (down from 0.3% in FY 2021). Over the last 3 years on average, earnings per share has increased by 21% per year whereas the company’s share price has increased by 25% per year.Valuation Update With 7 Day Price Move • Feb 15Investor sentiment improves as stock rises 21%After last week's 21% share price gain to CN¥12.57, the stock trades at a trailing P/E ratio of 58.4x. Average trailing P/E is 39x in the Electronic industry in China. Total returns to shareholders of 123% over the past three years.Reported Earnings • Oct 24Third quarter 2022 earnings released: EPS: CN¥0.063 (vs CN¥0.022 in 3Q 2021)Third quarter 2022 results: EPS: CN¥0.063 (up from CN¥0.022 in 3Q 2021). Revenue: CN¥14.8b (up 9.0% from 3Q 2021). Net income: CN¥64.9m (up 190% from 3Q 2021). Profit margin: 0.4% (up from 0.2% in 3Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 54% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Aug 18Investor sentiment improved over the past weekAfter last week's 16% share price gain to CN¥11.92, the stock trades at a forward P/E ratio of 38x. Average forward P/E is 25x in the Electronic industry in China. Total returns to shareholders of 118% over the past three years.Reported Earnings • Jul 31Second quarter 2022 earnings released: EPS: CN¥0.049 (vs CN¥0.075 in 2Q 2021)Second quarter 2022 results: EPS: CN¥0.049 (down from CN¥0.075 in 2Q 2021). Revenue: CN¥19.4b (up 10% from 2Q 2021). Net income: CN¥49.9m (down 35% from 2Q 2021). Profit margin: 0.3% (down from 0.4% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 19%, compared to a 26% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has increased by 72% per year but the company’s share price has only increased by 25% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Jun 23Investor sentiment improved over the past weekAfter last week's 17% share price gain to CN¥12.00, the stock trades at a forward P/E ratio of 41x. Average forward P/E is 21x in the Electronic industry in China. Total returns to shareholders of 104% over the past three years.Reported Earnings • Apr 27Full year 2021 earnings released: EPS: CN¥0.20 (vs CN¥0.18 in FY 2020)Full year 2021 results: EPS: CN¥0.20 (up from CN¥0.18 in FY 2020). Revenue: CN¥71.0b (up 19% from FY 2020). Net income: CN¥206.8m (up 11% from FY 2020). Profit margin: 0.3% (in line with FY 2020). Over the next year, revenue is forecast to grow 14%, compared to a 24% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has increased by 100% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth.Reported Earnings • Apr 15Full year 2021 earnings released: EPS: CN¥0.20 (vs CN¥0.18 in FY 2020)Full year 2021 results: EPS: CN¥0.20 (up from CN¥0.18 in FY 2020). Revenue: CN¥71.0b (up 19% from FY 2020). Net income: CN¥206.8m (up 11% from FY 2020). Profit margin: 0.3% (in line with FY 2020). Over the next year, revenue is forecast to grow 14%, compared to a 23% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has increased by 100% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Apr 13Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to CN¥12.08, the stock trades at a forward P/E ratio of 46x. Average forward P/E is 20x in the Electronic industry in China. Total returns to shareholders of 65% over the past three years.Valuation Update With 7 Day Price Move • Feb 10Investor sentiment improved over the past weekAfter last week's 16% share price gain to CN¥15.77, the stock trades at a forward P/E ratio of 60x. Average forward P/E is 26x in the Electronic industry in China. Total returns to shareholders of 193% over the past three years.Reported Earnings • Oct 24Third quarter 2021 earnings released: EPS CN¥0.022 (vs CN¥0.01 in 3Q 2020)The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2021 results: Revenue: CN¥13.6b (down 2.0% from 3Q 2020). Net income: CN¥22.4m (up 70% from 3Q 2020). Profit margin: 0.2% (up from 0.1% in 3Q 2020). Over the last 3 years on average, earnings per share has increased by 71% per year but the company’s share price has only increased by 59% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Sep 30Investor sentiment deteriorated over the past weekAfter last week's 21% share price decline to CN¥15.55, the stock trades at a forward P/E ratio of 82x. Average forward P/E is 27x in the Electronic industry in China. Total returns to shareholders of 142% over the past three years.Valuation Update With 7 Day Price Move • Aug 05Investor sentiment improved over the past weekAfter last week's 45% share price gain to CN¥11.18, the stock trades at a forward P/E ratio of 59x. Average forward P/E is 32x in the Electronic industry in China. Total returns to shareholders of 26% over the past three years.Valuation Update With 7 Day Price Move • May 18Investor sentiment improved over the past weekAfter last week's 33% share price gain to CN¥8.77, the stock trades at a forward P/E ratio of 53x. Average forward P/E is 23x in the Electronic industry in China. Total loss to shareholders of 3.0% over the past three years.Reported Earnings • May 02First quarter 2021 earnings released: EPS CN¥0.01 (vs CN¥0.067 in 1Q 2020)The company reported a mediocre first quarter result with weaker earnings and profit margins, although revenues improved. First quarter 2021 results: Revenue: CN¥20.0b (up 39% from 1Q 2020). Net income: CN¥10.2m (down 85% from 1Q 2020). Profit margin: 0.1% (down from 0.5% in 1Q 2020). Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings.Valuation Update With 7 Day Price Move • Apr 28Investor sentiment improved over the past weekAfter last week's 18% share price gain to CN¥6.91, the stock trades at a forward P/E ratio of 41x. Average forward P/E is 24x in the Electronic industry in China. Total loss to shareholders of 18% over the past three years.Reported Earnings • Apr 16Full year 2020 earnings released: EPS CN¥0.18 (vs CN¥0.05 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: CN¥59.8b (up 13% from FY 2019). Net income: CN¥185.6m (up 266% from FY 2019). Profit margin: 0.3% (up from 0.1% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 13% per year whereas the company’s share price has fallen by 12% per year.Is New 90 Day High Low • Jan 29New 90-day low: CN¥6.24The company is down 9.0% from its price of CN¥6.85 on 30 October 2020. The Chinese market is up 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 4.0% over the same period.Valuation Update With 7 Day Price Move • Nov 10Market bids up stock over the past weekAfter last week's 22% share price gain to CN¥8.27, the stock is trading at a trailing P/E ratio of 79.1x, up from the previous P/E ratio of 64.7x. This compares to an average P/E of 49x in the Electronic industry in China. Total return to shareholders over the past three years is a loss of 18%.Is New 90 Day High Low • Nov 09New 90-day high: CN¥8.37The company is up 9.0% from its price of CN¥7.66 on 11 August 2020. The Chinese market is down 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is up 3.0% over the same period.매출 및 비용 세부 내역Telling Telecommunication HoldingLtd가 돈을 벌고 사용하는 방법. 최근 발표된 LTM 실적 기준.순이익 및 매출 추이XSEC:000829 매출, 비용 및 순이익 (CNY Millions)날짜매출순이익일반관리비연구개발비31 Mar 2697,383-182,3116631 Dec 2590,570-222,1577230 Sep 2580,224-471,9518230 Jun 2579,312-411,7117731 Mar 2580,270-131,6757531 Dec 2484,038311,6747730 Sep 2494,903-241,8168830 Jun 2496,612-141,7238431 Mar 2498,183391,6868201 Jan 2494,825841,7237830 Sep 2392,9451171,5869330 Jun 2387,7451601,7408431 Mar 2380,6851631,7897901 Jan 2376,4271111,8077430 Sep 2272,6132211,8117330 Jun 2271,3891781,6457931 Mar 2269,5912051,5658201 Jan 2271,0002071,4978730 Sep 2167,4072091,2918130 Jun 2167,6832001,2849131 Mar 2165,3691271,2878831 Dec 2059,7841861,2138330 Sep 2059,1961061,38310030 Jun 2059,4951111,3108731 Mar 2057,1161091,2938831 Dec 1952,942511,1848430 Sep 1948,988-2091,3906230 Jun 1945,663-2251,4096731 Mar 1942,229-2231,4066131 Dec 1842,466-2311,4005930 Sep 1843,2992111,0885830 Jun 1841,8012369876931 Mar 1841,2382329885931 Dec 1739,6282349825030 Sep 1736,6301939692930 Jun 1734,5782601,025031 Mar 1732,804221998031 Dec 1633,8452231,082030 Sep 1637,035-241,099030 Jun 1638,914-1771,184031 Mar 1640,068-2371,204031 Dec 1543,030-2271,244030 Sep 1539,983-6031,322030 Jun 1538,862-5981,3660양질의 수익: 000829 은(는) 현재 수익성이 없습니다.이익 마진 증가: 000829는 현재 수익성이 없습니다.잉여현금흐름 대비 순이익 분석과거 순이익 성장 분석수익추이: 000829은 수익성이 없으며 지난 5년 동안 손실이 연평균 53.6% 증가했습니다.성장 가속화: 현재 수익성이 없어 지난 1년간 000829의 수익 성장률을 5년 평균과 비교할 수 없습니다.수익 대 산업: 000829은 수익성이 없어 지난 해 수익 성장률을 Electronic 업계(9.4%)와 비교하기 어렵습니다.자기자본이익률높은 ROE: 000829는 현재 수익성이 없으므로 자본 수익률이 음수(0.68%)입니다.총자산이익률투하자본수익률우수한 과거 실적 기업을 찾아보세요7D1Y7D1Y7D1YTech 산업에서 과거 실적이 우수한 기업.View Financial Health기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/24 11:46종가2026/05/22 00:00수익2026/03/31연간 수익2025/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Telling Telecommunication Holding Co.,Ltd는 6명의 분석가가 다루고 있습니다. 이 중 0명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Haiyan GuoChina International Capital Corporation LimitedXueqin ZhaoCitic Securities Co., Ltd.Geng KunHuatai Research3명의 분석가 더 보기
공시 • Mar 31Telling Telecommunication Holding Co.,Ltd to Report Q1, 2026 Results on Apr 29, 2026Telling Telecommunication Holding Co.,Ltd announced that they will report Q1, 2026 results on Apr 29, 2026
공시 • Dec 31Telling Telecommunication Holding Co.,Ltd to Report Fiscal Year 2025 Results on Apr 29, 2026Telling Telecommunication Holding Co.,Ltd announced that they will report fiscal year 2025 results on Apr 29, 2026
공시 • Sep 30Telling Telecommunication Holding Co.,Ltd to Report Q3, 2025 Results on Oct 27, 2025Telling Telecommunication Holding Co.,Ltd announced that they will report Q3, 2025 results on Oct 27, 2025
공시 • Jul 02Telling Telecommunication Holding Co.,Ltd to Report First Half, 2025 Results on Aug 30, 2025Telling Telecommunication Holding Co.,Ltd announced that they will report first half, 2025 results on Aug 30, 2025
공시 • Mar 31Telling Telecommunication Holding Co.,Ltd to Report Q1, 2025 Results on Apr 30, 2025Telling Telecommunication Holding Co.,Ltd announced that they will report Q1, 2025 results on Apr 30, 2025
공시 • Dec 31Telling Telecommunication Holding Co.,Ltd to Report Fiscal Year 2024 Results on Apr 24, 2025Telling Telecommunication Holding Co.,Ltd announced that they will report fiscal year 2024 results on Apr 24, 2025
Board Change • May 20Insufficient 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. 4 highly experienced directors. Director Zhengping Xiong 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.
공시 • Apr 29Telling Telecommunication Holding Co.,Ltd, Annual General Meeting, May 22, 2026Telling Telecommunication Holding Co.,Ltd, Annual General Meeting, May 22, 2026, at 13:30 China Standard Time. Location: Tower D, No. 117, Dewai Avenue, Xicheng District, Beijing China
공시 • Mar 31Telling Telecommunication Holding Co.,Ltd to Report Q1, 2026 Results on Apr 29, 2026Telling Telecommunication Holding Co.,Ltd announced that they will report Q1, 2026 results on Apr 29, 2026
공시 • Dec 31Telling Telecommunication Holding Co.,Ltd to Report Fiscal Year 2025 Results on Apr 29, 2026Telling Telecommunication Holding Co.,Ltd announced that they will report fiscal year 2025 results on Apr 29, 2026
공시 • Sep 30Telling Telecommunication Holding Co.,Ltd to Report Q3, 2025 Results on Oct 27, 2025Telling Telecommunication Holding Co.,Ltd announced that they will report Q3, 2025 results on Oct 27, 2025
공시 • Jul 02Telling Telecommunication Holding Co.,Ltd to Report First Half, 2025 Results on Aug 30, 2025Telling Telecommunication Holding Co.,Ltd announced that they will report first half, 2025 results on Aug 30, 2025
공시 • May 27Telling Telecommunication Holding Co.,Ltd Approves Cash Dividend for the Year 2024Telling Telecommunication Holding Co.,Ltd held its Annual General Meeting of 2024 on 23 May 2025, during which the following proposal(s) was/were approved: Cash dividend/10 shares (tax included): CNY 0.10000000 for the year 2024.
공시 • Apr 29Telling Telecommunication Holding Co.,Ltd, Annual General Meeting, May 23, 2025Telling Telecommunication Holding Co.,Ltd, Annual General Meeting, May 23, 2025, at 13:30 China Standard Time.
공시 • Mar 31Telling Telecommunication Holding Co.,Ltd to Report Q1, 2025 Results on Apr 30, 2025Telling Telecommunication Holding Co.,Ltd announced that they will report Q1, 2025 results on Apr 30, 2025
공시 • Dec 31Telling Telecommunication Holding Co.,Ltd to Report Fiscal Year 2024 Results on Apr 24, 2025Telling Telecommunication Holding Co.,Ltd announced that they will report fiscal year 2024 results on Apr 24, 2025
Reported Earnings • Oct 31Third quarter 2024 earnings released: EPS: CN¥0.011 (vs CN¥0.021 in 3Q 2023)Third quarter 2024 results: EPS: CN¥0.011 (down from CN¥0.021 in 3Q 2023). Revenue: CN¥18.3b (down 8.5% from 3Q 2023). Net income: CN¥10.9m (down 49% from 3Q 2023). Profit margin: 0.1% (in line with 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 59% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings.
공시 • Sep 30Telling Telecommunication Holding Co.,Ltd to Report Q3, 2024 Results on Oct 31, 2024Telling Telecommunication Holding Co.,Ltd announced that they will report Q3, 2024 results on Oct 31, 2024
Reported Earnings • Aug 29Second quarter 2024 earnings released: CN¥0.006 loss per share (vs CN¥0.046 profit in 2Q 2023)Second quarter 2024 results: CN¥0.006 loss per share (down from CN¥0.046 profit in 2Q 2023). Revenue: CN¥24.9b (down 5.9% from 2Q 2023). Net loss: CN¥6.15m (down 113% from profit in 2Q 2023). Profit margin: 0% (down from 0.2% in 2Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 45% per year but the company’s share price has only fallen by 28% per year, which means it has not declined as severely as earnings.
New Risk • Aug 05New 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 7.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.2x net interest cover). Minor Risks Share price has been volatile over the past 3 months (7.3% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.04% net profit margin).
공시 • Jun 29Telling Telecommunication Holding Co.,Ltd to Report First Half, 2024 Results on Aug 29, 2024Telling Telecommunication Holding Co.,Ltd announced that they will report first half, 2024 results on Aug 29, 2024
Declared Dividend • Jun 14Dividend reduced to CN¥0.025Dividend of CN¥0.025 is 22% lower than last year. Ex-date: 19th June 2024 Payment date: 19th June 2024 Dividend yield will be 0.3%, which is lower than the industry average of 1.8%. Payout Ratios Payout ratio: 65%. Cash payout ratio: 7%.
New Risk • May 19New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 31% 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 Interest payments are not well covered by earnings (1.2x net interest cover). Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.04% net profit margin).
공시 • Apr 30Telling Telecommunication Holding Co.,Ltd, Annual General Meeting, May 20, 2024Telling Telecommunication Holding Co.,Ltd, Annual General Meeting, May 20, 2024, at 13:30 China Standard Time. Location: The Company Headquarters' Meeting Room, Beijing China
Reported Earnings • Apr 17Full year 2023 earnings released: EPS: CN¥0.08 (vs CN¥0.11 in FY 2022)Full year 2023 results: EPS: CN¥0.08 (down from CN¥0.11 in FY 2022). Revenue: CN¥94.8b (up 24% from FY 2022). Net income: CN¥83.7m (down 24% from FY 2022). Profit margin: 0.1% (in line with FY 2022). Revenue is forecast to grow 12% p.a. on average during the next 2 years, compared to a 17% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings.
공시 • Mar 30Telling Telecommunication Holding Co.,Ltd to Report Q1, 2024 Results on Apr 30, 2024Telling Telecommunication Holding Co.,Ltd announced that they will report Q1, 2024 results on Apr 30, 2024
New Risk • Mar 17New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.4x net interest cover). High level of non-cash earnings (50% accrual ratio). Minor Risk Latest financial reports are more than 6 months old (reported June 2023 fiscal period end).
Valuation Update With 7 Day Price Move • Mar 06Investor sentiment improves as stock rises 22%After last week's 22% share price gain to CN¥9.61, the stock trades at a forward P/E ratio of 34x. Average forward P/E is 22x in the Electronic industry in China. Total returns to shareholders of 67% over the past three years.
New Risk • Feb 12New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 50% 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 Interest payments are not well covered by earnings (1.4x net interest cover). Share price has been highly volatile over the past 3 months (9.7% average weekly change). High level of non-cash earnings (50% accrual ratio).
Valuation Update With 7 Day Price Move • Feb 02Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to CN¥7.22, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 17x in the Electronic industry in China. Total returns to shareholders of 31% over the past three years.
공시 • Dec 29Telling Telecommunication Holding Co.,Ltd to Report Fiscal Year 2023 Results on Apr 29, 2024Telling Telecommunication Holding Co.,Ltd announced that they will report fiscal year 2023 results on Apr 29, 2024
New Risk • Nov 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 6.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.5x net interest cover). Minor Risks Share price has been volatile over the past 3 months (6.3% average weekly change). Profit margins are more than 30% lower than last year (0.1% net profit margin).
New Risk • Nov 02New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 0.1% Last year net profit margin: 0.3% 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: Major Risk Interest payments are not well covered by earnings (1.5x net interest cover). Minor Risk Profit margins are more than 30% lower than last year (0.1% net profit margin).
Reported Earnings • Nov 02Third quarter 2023 earnings released: EPS: CN¥0.021 (vs CN¥0.063 in 3Q 2022)Third quarter 2023 results: EPS: CN¥0.021 (down from CN¥0.063 in 3Q 2022). Revenue: CN¥20.0b (up 35% from 3Q 2022). Net income: CN¥21.6m (down 67% from 3Q 2022). Profit margin: 0.1% (down from 0.4% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 21% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings.
Valuation Update With 7 Day Price Move • Oct 30Investor sentiment improves as stock rises 18%After last week's 18% share price gain to CN¥9.21, the stock trades at a forward P/E ratio of 34x. Average forward P/E is 20x in the Electronic industry in China. Total returns to shareholders of 43% over the past three years.
Reported Earnings • Aug 31Second quarter 2023 earnings released: EPS: CN¥0.046 (vs CN¥0.049 in 2Q 2022)Second quarter 2023 results: EPS: CN¥0.046 (down from CN¥0.049 in 2Q 2022). Revenue: CN¥26.5b (up 36% from 2Q 2022). Net income: CN¥46.9m (down 6.0% from 2Q 2022). Profit margin: 0.2% (down from 0.3% in 2Q 2022). Revenue is forecast to grow 6.9% 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 6% per year and the company’s share price has also increased by 6% per year.
공시 • Aug 10Telling Telecommunication Holding Co.,Ltd announced that it expects to receive CNY 2.5 billion in funding from Shenzhen Investment Holdings Co., LtdTelling Telecommunication Holding Co.,Ltd announced a private placement to issue not more than 307,530,131 shares for an aggregate gross proceeds of not more than CNY 2,500,000,000 on August 8, 2023. The transaction will also include participation from returning investor, Shenzhen Investment Holdings Co., Ltd who will subscribe with more than CNY 476,000,000. The company shall issue shares at a price not less than 80% of the average price in the 20 trading days before the pricing reference date. The transaction will include participation from no more than 35 investors. The shares to be issued shall have a hold period of 6 months from closing of the transaction. The transaction has been approved by the 10th Meeting of the company’s 9th directorate, the 20th meeting of the 9th directorate and the 13th meeting of the 9th Supervisory board. The transaction is still subject to the approval of the company’s shareholders, the Shenzhen Stock Exchange and the China Securities Regulatory Commission.
공시 • Jul 01Telling Telecommunication Holding Co.,Ltd to Report First Half, 2023 Results on Jul 31, 2023Telling Telecommunication Holding Co.,Ltd announced that they will report first half, 2023 results on Jul 31, 2023
공시 • Jun 08Telling Telecommunication Holding Co.,Ltd Implements Final Profit Distribution Plan of A Shares for 2022, Payable on 13 June 2023Telling Telecommunication Holding Co.,Ltd announced 2022 final profit distribution plan to be implemented (A shares): Cash dividend/10 shares (tax included): CNY 0.32000000. Record date: 12 June 2023, Ex-date: 13 June 2023, Payment date: 13 June 2023.
공시 • May 23Telling Telecommunication Holding Approves Cash Dividend for 2022Telling Telecommunication Holding Co.,Ltd at the AGM held on May 19, 2023 approved cash dividend/10 shares (tax included): CNY 0.32000000 for 2022.
Reported Earnings • Apr 14Full year 2022 earnings released: EPS: CN¥0.11 (vs CN¥0.20 in FY 2021)Full year 2022 results: EPS: CN¥0.11 (down from CN¥0.20 in FY 2021). Revenue: CN¥76.4b (up 7.6% from FY 2021). Net income: CN¥109.9m (down 47% from FY 2021). Profit margin: 0.1% (down from 0.3% in FY 2021). Over the last 3 years on average, earnings per share has increased by 21% per year whereas the company’s share price has increased by 25% per year.
Valuation Update With 7 Day Price Move • Feb 15Investor sentiment improves as stock rises 21%After last week's 21% share price gain to CN¥12.57, the stock trades at a trailing P/E ratio of 58.4x. Average trailing P/E is 39x in the Electronic industry in China. Total returns to shareholders of 123% over the past three years.
Reported Earnings • Oct 24Third quarter 2022 earnings released: EPS: CN¥0.063 (vs CN¥0.022 in 3Q 2021)Third quarter 2022 results: EPS: CN¥0.063 (up from CN¥0.022 in 3Q 2021). Revenue: CN¥14.8b (up 9.0% from 3Q 2021). Net income: CN¥64.9m (up 190% from 3Q 2021). Profit margin: 0.4% (up from 0.2% in 3Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 54% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Aug 18Investor sentiment improved over the past weekAfter last week's 16% share price gain to CN¥11.92, the stock trades at a forward P/E ratio of 38x. Average forward P/E is 25x in the Electronic industry in China. Total returns to shareholders of 118% over the past three years.
Reported Earnings • Jul 31Second quarter 2022 earnings released: EPS: CN¥0.049 (vs CN¥0.075 in 2Q 2021)Second quarter 2022 results: EPS: CN¥0.049 (down from CN¥0.075 in 2Q 2021). Revenue: CN¥19.4b (up 10% from 2Q 2021). Net income: CN¥49.9m (down 35% from 2Q 2021). Profit margin: 0.3% (down from 0.4% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 19%, compared to a 26% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has increased by 72% per year but the company’s share price has only increased by 25% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Jun 23Investor sentiment improved over the past weekAfter last week's 17% share price gain to CN¥12.00, the stock trades at a forward P/E ratio of 41x. Average forward P/E is 21x in the Electronic industry in China. Total returns to shareholders of 104% over the past three years.
Reported Earnings • Apr 27Full year 2021 earnings released: EPS: CN¥0.20 (vs CN¥0.18 in FY 2020)Full year 2021 results: EPS: CN¥0.20 (up from CN¥0.18 in FY 2020). Revenue: CN¥71.0b (up 19% from FY 2020). Net income: CN¥206.8m (up 11% from FY 2020). Profit margin: 0.3% (in line with FY 2020). Over the next year, revenue is forecast to grow 14%, compared to a 24% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has increased by 100% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Apr 15Full year 2021 earnings released: EPS: CN¥0.20 (vs CN¥0.18 in FY 2020)Full year 2021 results: EPS: CN¥0.20 (up from CN¥0.18 in FY 2020). Revenue: CN¥71.0b (up 19% from FY 2020). Net income: CN¥206.8m (up 11% from FY 2020). Profit margin: 0.3% (in line with FY 2020). Over the next year, revenue is forecast to grow 14%, compared to a 23% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has increased by 100% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Apr 13Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to CN¥12.08, the stock trades at a forward P/E ratio of 46x. Average forward P/E is 20x in the Electronic industry in China. Total returns to shareholders of 65% over the past three years.
Valuation Update With 7 Day Price Move • Feb 10Investor sentiment improved over the past weekAfter last week's 16% share price gain to CN¥15.77, the stock trades at a forward P/E ratio of 60x. Average forward P/E is 26x in the Electronic industry in China. Total returns to shareholders of 193% over the past three years.
Reported Earnings • Oct 24Third quarter 2021 earnings released: EPS CN¥0.022 (vs CN¥0.01 in 3Q 2020)The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2021 results: Revenue: CN¥13.6b (down 2.0% from 3Q 2020). Net income: CN¥22.4m (up 70% from 3Q 2020). Profit margin: 0.2% (up from 0.1% in 3Q 2020). Over the last 3 years on average, earnings per share has increased by 71% per year but the company’s share price has only increased by 59% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Sep 30Investor sentiment deteriorated over the past weekAfter last week's 21% share price decline to CN¥15.55, the stock trades at a forward P/E ratio of 82x. Average forward P/E is 27x in the Electronic industry in China. Total returns to shareholders of 142% over the past three years.
Valuation Update With 7 Day Price Move • Aug 05Investor sentiment improved over the past weekAfter last week's 45% share price gain to CN¥11.18, the stock trades at a forward P/E ratio of 59x. Average forward P/E is 32x in the Electronic industry in China. Total returns to shareholders of 26% over the past three years.
Valuation Update With 7 Day Price Move • May 18Investor sentiment improved over the past weekAfter last week's 33% share price gain to CN¥8.77, the stock trades at a forward P/E ratio of 53x. Average forward P/E is 23x in the Electronic industry in China. Total loss to shareholders of 3.0% over the past three years.
Reported Earnings • May 02First quarter 2021 earnings released: EPS CN¥0.01 (vs CN¥0.067 in 1Q 2020)The company reported a mediocre first quarter result with weaker earnings and profit margins, although revenues improved. First quarter 2021 results: Revenue: CN¥20.0b (up 39% from 1Q 2020). Net income: CN¥10.2m (down 85% from 1Q 2020). Profit margin: 0.1% (down from 0.5% in 1Q 2020). Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings.
Valuation Update With 7 Day Price Move • Apr 28Investor sentiment improved over the past weekAfter last week's 18% share price gain to CN¥6.91, the stock trades at a forward P/E ratio of 41x. Average forward P/E is 24x in the Electronic industry in China. Total loss to shareholders of 18% over the past three years.
Reported Earnings • Apr 16Full year 2020 earnings released: EPS CN¥0.18 (vs CN¥0.05 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: CN¥59.8b (up 13% from FY 2019). Net income: CN¥185.6m (up 266% from FY 2019). Profit margin: 0.3% (up from 0.1% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 13% per year whereas the company’s share price has fallen by 12% per year.
Is New 90 Day High Low • Jan 29New 90-day low: CN¥6.24The company is down 9.0% from its price of CN¥6.85 on 30 October 2020. The Chinese market is up 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 4.0% over the same period.
Valuation Update With 7 Day Price Move • Nov 10Market bids up stock over the past weekAfter last week's 22% share price gain to CN¥8.27, the stock is trading at a trailing P/E ratio of 79.1x, up from the previous P/E ratio of 64.7x. This compares to an average P/E of 49x in the Electronic industry in China. Total return to shareholders over the past three years is a loss of 18%.
Is New 90 Day High Low • Nov 09New 90-day high: CN¥8.37The company is up 9.0% from its price of CN¥7.66 on 11 August 2020. The Chinese market is down 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is up 3.0% over the same period.