View Future GrowthThis company listing is no longer activeThis company may still be operating, however this listing is no longer active. Find out why through their latest events.See Latest EventsGuangdong Chaohua Technology 과거 순이익 실적과거 기준 점검 0/6Guangdong Chaohua Technology 의 수입은 연평균 -66.8%의 비율로 감소해 온 반면, Electronic 산업은 연평균 0.3%의 비율로 증가했습니다. 매출은 연평균 2%의 비율로 감소해 왔습니다.핵심 정보-66.81%순이익 성장률-66.83%주당순이익(EPS) 성장률Electronic 산업 성장률10.93%매출 성장률-1.96%자기자본이익률-73.16%순이익률-108.10%다음 순이익 업데이트30 Aug 2024최근 과거 실적 업데이트공고 • Jun 29Guangdong Chaohua Technology Co., Ltd to Report First Half, 2024 Results on Aug 30, 2024Guangdong Chaohua Technology Co., Ltd announced that they will report first half, 2024 results on Aug 30, 2024Reported Earnings • May 01First quarter 2024 earnings released: CN¥0.024 loss per share (vs CN¥0.022 loss in 1Q 2023)First quarter 2024 results: CN¥0.024 loss per share (further deteriorated from CN¥0.022 loss in 1Q 2023). Revenue: CN¥57.3m (down 76% from 1Q 2023). Net loss: CN¥22.4m (loss widened 9.6% from 1Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 79 percentage points per year, which is a significant difference in performance.공고 • Mar 30Guangdong Chaohua Technology Co., Ltd to Report Q1, 2024 Results on Apr 27, 2024Guangdong Chaohua Technology Co., Ltd announced that they will report Q1, 2024 results on Apr 27, 2024공고 • Dec 30Guangdong Chaohua Technology Co., Ltd to Report Fiscal Year 2023 Results on Mar 15, 2024Guangdong Chaohua Technology Co., Ltd announced that they will report fiscal year 2023 results on Mar 15, 2024Reported Earnings • Oct 27Third quarter 2023 earnings released: CN¥0.006 loss per share (vs CN¥0.002 profit in 3Q 2022)Third quarter 2023 results: CN¥0.006 loss per share (down from CN¥0.002 profit in 3Q 2022). Revenue: CN¥125.3m (down 70% from 3Q 2022). Net loss: CN¥5.73m (down 449% from profit in 3Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 95 percentage points per year, which is a significant difference in performance.Reported Earnings • Aug 02Second quarter 2023 earnings released: EPS: CN¥0.032 (vs CN¥0.003 in 2Q 2022)Second quarter 2023 results: EPS: CN¥0.032 (up from CN¥0.003 in 2Q 2022). Revenue: CN¥401.2m (down 20% from 2Q 2022). Net income: CN¥29.6m (up CN¥26.4m from 2Q 2022). Profit margin: 7.4% (up from 0.6% in 2Q 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 82 percentage points per year, which is a significant difference in performance.모든 업데이트 보기Recent updates공고 • Aug 09Guangdong Chaohua Technology Co., Ltd(SZSE:002288) dropped from Shenzhen Stock Exchange A Share IndexGuangdong Chaohua Technology Co., Ltd has been dropped from Shenzhen SE A share index공고 • Aug 08Guangdong Chaohua Technology Co., Ltd(SZSE:002288) dropped from Shenzhen Stock Exchange Composite IndexGuangdong Chaohua Technology Co., Ltd has been dropped from Shenzhen Stock Exchange Composite Index공고 • Jun 29Guangdong Chaohua Technology Co., Ltd to Report First Half, 2024 Results on Aug 30, 2024Guangdong Chaohua Technology Co., Ltd announced that they will report first half, 2024 results on Aug 30, 2024New Risk • Jun 05New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: CN¥698.7m (US$96.4m) This is considered a minor risk. Companies with a small market capitalization 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. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 67% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (8.5% average weekly change). Market cap is less than US$100m (CN¥698.7m market cap, or US$96.4m).Reported Earnings • May 01First quarter 2024 earnings released: CN¥0.024 loss per share (vs CN¥0.022 loss in 1Q 2023)First quarter 2024 results: CN¥0.024 loss per share (further deteriorated from CN¥0.022 loss in 1Q 2023). Revenue: CN¥57.3m (down 76% from 1Q 2023). Net loss: CN¥22.4m (loss widened 9.6% from 1Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 79 percentage points per year, which is a significant difference in performance.공고 • May 01Guangdong Chaohua Technology Co., Ltd, Annual General Meeting, May 23, 2024Guangdong Chaohua Technology Co., Ltd, Annual General Meeting, May 23, 2024, at 15:00 China Standard Time. Location: The Company's Meeting Room, Meizhou, Guangdong China공고 • Mar 30Guangdong Chaohua Technology Co., Ltd to Report Q1, 2024 Results on Apr 27, 2024Guangdong Chaohua Technology Co., Ltd announced that they will report Q1, 2024 results on Apr 27, 2024공고 • Dec 30Guangdong Chaohua Technology Co., Ltd to Report Fiscal Year 2023 Results on Mar 15, 2024Guangdong Chaohua Technology Co., Ltd announced that they will report fiscal year 2023 results on Mar 15, 2024Reported Earnings • Oct 27Third quarter 2023 earnings released: CN¥0.006 loss per share (vs CN¥0.002 profit in 3Q 2022)Third quarter 2023 results: CN¥0.006 loss per share (down from CN¥0.002 profit in 3Q 2022). Revenue: CN¥125.3m (down 70% from 3Q 2022). Net loss: CN¥5.73m (down 449% from profit in 3Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 95 percentage points per year, which is a significant difference in performance.Reported Earnings • Aug 02Second quarter 2023 earnings released: EPS: CN¥0.032 (vs CN¥0.003 in 2Q 2022)Second quarter 2023 results: EPS: CN¥0.032 (up from CN¥0.003 in 2Q 2022). Revenue: CN¥401.2m (down 20% from 2Q 2022). Net income: CN¥29.6m (up CN¥26.4m from 2Q 2022). Profit margin: 7.4% (up from 0.6% in 2Q 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 82 percentage points per year, which is a significant difference in performance.Reported Earnings • Apr 29First quarter 2023 earnings released: CN¥0.022 loss per share (vs CN¥0.03 profit in 1Q 2022)First quarter 2023 results: CN¥0.022 loss per share (down from CN¥0.03 profit in 1Q 2022). Revenue: CN¥234.1m (down 58% from 1Q 2022). Net loss: CN¥20.4m (down 173% from profit in 1Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 75 percentage points per year, which is a significant difference in performance.Board Change • Nov 16High number of new and inexperienced directorsThere are 10 new directors who have joined the board in the last 3 years. The company's board is composed of: 10 new directors. 2 experienced directors. No highly experienced directors. Independent Director Xijuan Shao is the most experienced director on the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.Reported Earnings • Oct 27Third quarter 2022 earnings released: EPS: CN¥0.002 (vs CN¥0.03 in 3Q 2021)Third quarter 2022 results: EPS: CN¥0.002 (down from CN¥0.03 in 3Q 2021). Revenue: CN¥418.3m (down 36% from 3Q 2021). Net income: CN¥1.65m (down 94% from 3Q 2021). Profit margin: 0.4% (down from 4.2% in 3Q 2021). Over the last 3 years on average, earnings per share has increased by 46% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.Reported Earnings • Aug 27Second quarter 2022 earnings released: EPS: CN¥0.003 (vs CN¥0.043 in 2Q 2021)Second quarter 2022 results: EPS: CN¥0.003 (down from CN¥0.043 in 2Q 2021). Revenue: CN¥503.6m (down 23% from 2Q 2021). Net income: CN¥3.17m (down 92% from 2Q 2021). Profit margin: 0.6% (down from 6.1% in 2Q 2021). 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 8% per year, which means it is significantly lagging earnings growth.Reported Earnings • Apr 28First quarter 2022 earnings released: EPS: CN¥0.03 (vs CN¥0.036 in 1Q 2021)First quarter 2022 results: EPS: CN¥0.03 (down from CN¥0.036 in 1Q 2021). Revenue: CN¥563.1m (up 4.5% from 1Q 2021). Net income: CN¥28.0m (down 16% from 1Q 2021). Profit margin: 5.0% (down from 6.2% in 1Q 2021). Over the last 3 years on average, earnings per share has increased by 64% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.Board Change • Apr 27High number of new directorsThere are 6 new directors who have joined the board in the last 3 years. Non-Independent Director Jianfeng Liang was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.Reported Earnings • Apr 03Full year 2021 earnings released: EPS: CN¥0.077 (vs CN¥0.023 in FY 2020)Full year 2021 results: EPS: CN¥0.077 (up from CN¥0.023 in FY 2020). Revenue: CN¥2.47b (up 94% from FY 2020). Net income: CN¥71.9m (up 235% from FY 2020). Profit margin: 2.9% (up from 1.7% in FY 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 61% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.Reported Earnings • Nov 01Third quarter 2021 earnings released: EPS CN¥0.03 (vs CN¥0.017 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: CN¥651.8m (up 68% from 3Q 2020). Net income: CN¥27.6m (up 80% from 3Q 2020). Profit margin: 4.2% (up from 3.9% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 46% per year whereas the company’s share price has increased by 45% per year.Valuation Update With 7 Day Price Move • Sep 30Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to CN¥9.08, the stock trades at a forward P/E ratio of 41x. Average forward P/E is 27x in the Electronic industry in China. Total returns to shareholders of 141% over the past three years.Valuation Update With 7 Day Price Move • Sep 08Investor sentiment improved over the past weekAfter last week's 16% share price gain to CN¥9.67, the stock trades at a forward P/E ratio of 44x. Average forward P/E is 29x in the Electronic industry in China. Total returns to shareholders of 147% over the past three years.Reported Earnings • Aug 11Second quarter 2021 earnings released: EPS CN¥0.043 (vs CN¥0.01 loss in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CN¥657.8m (up 106% from 2Q 2020). Net income: CN¥40.1m (up CN¥49.6m from 2Q 2020). Profit margin: 6.1% (up from net loss in 2Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has increased by 29% per year, which means it is tracking significantly ahead of earnings growth.Reported Earnings • May 02First quarter 2021 earnings released: EPS CN¥0.036 (vs CN¥0.032 loss in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: CN¥539.0m (up 154% from 1Q 2020). Net income: CN¥33.5m (up CN¥63.5m from 1Q 2020). Profit margin: 6.2% (up from net loss in 1Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 40% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings.Analyst Estimate Surprise Post Earnings • Feb 27Revenue misses expectationsRevenue missed analyst estimates by 0.9%. Over the next year, revenue is forecast to grow 27%, compared to a 31% growth forecast for the Electronic industry in China.Reported Earnings • Feb 27Full year 2020 earnings released: EPS CN¥0.023 (vs CN¥0.02 in FY 2019)The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: CN¥1.28b (down 3.3% from FY 2019). Net income: CN¥21.5m (up 16% from FY 2019). Profit margin: 1.7% (up from 1.4% in FY 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 79% per year but the company’s share price has increased by 14% per year, which means it is well ahead of earnings.Is New 90 Day High Low • Jan 20New 90-day high: CN¥10.13The company is up 51% from its price of CN¥6.71 on 23 October 2020. The Chinese market is up 7.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is up 8.0% over the same period.Is New 90 Day High Low • Jan 04New 90-day high: CN¥8.22The company is up 5.0% from its price of CN¥7.80 on 30 September 2020. The Chinese market is up 8.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Electronic industry, which is up 4.0% over the same period.Reported Earnings • Oct 30Third quarter earnings releasedOver the last 12 months the company has reported total losses of CN¥31.3m, with earnings decreasing by CN¥50.7m from the prior year. Total revenue was CN¥1.22b over the last 12 months, down 13% from the prior year.매출 및 비용 세부 내역Guangdong Chaohua Technology가 돈을 벌고 사용하는 방법. 최근 발표된 LTM 실적 기준.순이익 및 매출 추이XSEC:002288 매출, 비용 및 순이익 (CNY Millions)날짜매출순이익일반관리비연구개발비31 Mar 24500-540851931 Dec 23677-538933130 Sep 231,003-3651844930 Jun 231,296-3581856731 Mar 231,398-3841998001 Jan 231,727-3362129530 Sep 222,109411811230 Jun 222,3422912412131 Mar 222,4966613612701 Jan 222,4727212213230 Sep 212,20514710612230 Jun 211,9431358210631 Mar 211,60485649231 Dec 201,27821617430 Sep 201,223-31996730 Jun 201,143-531196831 Mar 201,227-131178231 Dec 191,321191277030 Sep 191,398191165530 Jun 191,392301183831 Mar 191,40121112931 Dec 181,39335107930 Sep 181,45960106930 Jun 181,52360961531 Mar 181,454511071331 Dec 171,439471091130 Sep 171,364-38159830 Jun 171,240-41169031 Mar 171,110-58154031 Dec 161,035-61152030 Sep 161,007194030 Jun 161,0206100031 Mar 161,01919103031 Dec 151,04826101030 Sep 151,0451106030 Jun 151,0944105031 Mar 151,17511111031 Dec 141,2027114030 Sep 141,15348116030 Jun 141,11447105031 Mar 141,04044107031 Dec 139304698030 Sep 1383046840양질의 수익: 002288 은(는) 현재 수익성이 없습니다.이익 마진 증가: 002288는 현재 수익성이 없습니다.잉여현금흐름 대비 순이익 분석과거 순이익 성장 분석수익추이: 002288은 수익성이 없으며 지난 5년 동안 손실이 연평균 66.8% 증가했습니다.성장 가속화: 현재 수익성이 없어 지난 1년간 002288의 수익 성장률을 5년 평균과 비교할 수 없습니다.수익 대 산업: 002288은 수익성이 없어 지난 해 수익 성장률을 Electronic 업계(9.6%)와 비교하기 어렵습니다.자기자본이익률높은 ROE: 002288는 현재 수익성이 없으므로 자본 수익률이 음수(-73.16%)입니다.총자산이익률투하자본수익률우수한 과거 실적 기업을 찾아보세요7D1Y7D1Y7D1YTech 산업에서 과거 실적이 우수한 기업.View Financial Health기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2024/08/20 18:34종가2024/06/26 00:00수익2024/03/31연간 수익2023/12/31데이터 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 소스Guangdong Chaohua Technology Co., Ltd는 1명의 분석가가 다루고 있습니다. 이 중 0명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Xin ZhangZhongtai Securities Co. Ltd.
공고 • Jun 29Guangdong Chaohua Technology Co., Ltd to Report First Half, 2024 Results on Aug 30, 2024Guangdong Chaohua Technology Co., Ltd announced that they will report first half, 2024 results on Aug 30, 2024
Reported Earnings • May 01First quarter 2024 earnings released: CN¥0.024 loss per share (vs CN¥0.022 loss in 1Q 2023)First quarter 2024 results: CN¥0.024 loss per share (further deteriorated from CN¥0.022 loss in 1Q 2023). Revenue: CN¥57.3m (down 76% from 1Q 2023). Net loss: CN¥22.4m (loss widened 9.6% from 1Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 79 percentage points per year, which is a significant difference in performance.
공고 • Mar 30Guangdong Chaohua Technology Co., Ltd to Report Q1, 2024 Results on Apr 27, 2024Guangdong Chaohua Technology Co., Ltd announced that they will report Q1, 2024 results on Apr 27, 2024
공고 • Dec 30Guangdong Chaohua Technology Co., Ltd to Report Fiscal Year 2023 Results on Mar 15, 2024Guangdong Chaohua Technology Co., Ltd announced that they will report fiscal year 2023 results on Mar 15, 2024
Reported Earnings • Oct 27Third quarter 2023 earnings released: CN¥0.006 loss per share (vs CN¥0.002 profit in 3Q 2022)Third quarter 2023 results: CN¥0.006 loss per share (down from CN¥0.002 profit in 3Q 2022). Revenue: CN¥125.3m (down 70% from 3Q 2022). Net loss: CN¥5.73m (down 449% from profit in 3Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 95 percentage points per year, which is a significant difference in performance.
Reported Earnings • Aug 02Second quarter 2023 earnings released: EPS: CN¥0.032 (vs CN¥0.003 in 2Q 2022)Second quarter 2023 results: EPS: CN¥0.032 (up from CN¥0.003 in 2Q 2022). Revenue: CN¥401.2m (down 20% from 2Q 2022). Net income: CN¥29.6m (up CN¥26.4m from 2Q 2022). Profit margin: 7.4% (up from 0.6% in 2Q 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 82 percentage points per year, which is a significant difference in performance.
공고 • Aug 09Guangdong Chaohua Technology Co., Ltd(SZSE:002288) dropped from Shenzhen Stock Exchange A Share IndexGuangdong Chaohua Technology Co., Ltd has been dropped from Shenzhen SE A share index
공고 • Aug 08Guangdong Chaohua Technology Co., Ltd(SZSE:002288) dropped from Shenzhen Stock Exchange Composite IndexGuangdong Chaohua Technology Co., Ltd has been dropped from Shenzhen Stock Exchange Composite Index
공고 • Jun 29Guangdong Chaohua Technology Co., Ltd to Report First Half, 2024 Results on Aug 30, 2024Guangdong Chaohua Technology Co., Ltd announced that they will report first half, 2024 results on Aug 30, 2024
New Risk • Jun 05New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: CN¥698.7m (US$96.4m) This is considered a minor risk. Companies with a small market capitalization 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. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 67% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (8.5% average weekly change). Market cap is less than US$100m (CN¥698.7m market cap, or US$96.4m).
Reported Earnings • May 01First quarter 2024 earnings released: CN¥0.024 loss per share (vs CN¥0.022 loss in 1Q 2023)First quarter 2024 results: CN¥0.024 loss per share (further deteriorated from CN¥0.022 loss in 1Q 2023). Revenue: CN¥57.3m (down 76% from 1Q 2023). Net loss: CN¥22.4m (loss widened 9.6% from 1Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 79 percentage points per year, which is a significant difference in performance.
공고 • May 01Guangdong Chaohua Technology Co., Ltd, Annual General Meeting, May 23, 2024Guangdong Chaohua Technology Co., Ltd, Annual General Meeting, May 23, 2024, at 15:00 China Standard Time. Location: The Company's Meeting Room, Meizhou, Guangdong China
공고 • Mar 30Guangdong Chaohua Technology Co., Ltd to Report Q1, 2024 Results on Apr 27, 2024Guangdong Chaohua Technology Co., Ltd announced that they will report Q1, 2024 results on Apr 27, 2024
공고 • Dec 30Guangdong Chaohua Technology Co., Ltd to Report Fiscal Year 2023 Results on Mar 15, 2024Guangdong Chaohua Technology Co., Ltd announced that they will report fiscal year 2023 results on Mar 15, 2024
Reported Earnings • Oct 27Third quarter 2023 earnings released: CN¥0.006 loss per share (vs CN¥0.002 profit in 3Q 2022)Third quarter 2023 results: CN¥0.006 loss per share (down from CN¥0.002 profit in 3Q 2022). Revenue: CN¥125.3m (down 70% from 3Q 2022). Net loss: CN¥5.73m (down 449% from profit in 3Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 95 percentage points per year, which is a significant difference in performance.
Reported Earnings • Aug 02Second quarter 2023 earnings released: EPS: CN¥0.032 (vs CN¥0.003 in 2Q 2022)Second quarter 2023 results: EPS: CN¥0.032 (up from CN¥0.003 in 2Q 2022). Revenue: CN¥401.2m (down 20% from 2Q 2022). Net income: CN¥29.6m (up CN¥26.4m from 2Q 2022). Profit margin: 7.4% (up from 0.6% in 2Q 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 82 percentage points per year, which is a significant difference in performance.
Reported Earnings • Apr 29First quarter 2023 earnings released: CN¥0.022 loss per share (vs CN¥0.03 profit in 1Q 2022)First quarter 2023 results: CN¥0.022 loss per share (down from CN¥0.03 profit in 1Q 2022). Revenue: CN¥234.1m (down 58% from 1Q 2022). Net loss: CN¥20.4m (down 173% from profit in 1Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 75 percentage points per year, which is a significant difference in performance.
Board Change • Nov 16High number of new and inexperienced directorsThere are 10 new directors who have joined the board in the last 3 years. The company's board is composed of: 10 new directors. 2 experienced directors. No highly experienced directors. Independent Director Xijuan Shao is the most experienced director on the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.
Reported Earnings • Oct 27Third quarter 2022 earnings released: EPS: CN¥0.002 (vs CN¥0.03 in 3Q 2021)Third quarter 2022 results: EPS: CN¥0.002 (down from CN¥0.03 in 3Q 2021). Revenue: CN¥418.3m (down 36% from 3Q 2021). Net income: CN¥1.65m (down 94% from 3Q 2021). Profit margin: 0.4% (down from 4.2% in 3Q 2021). Over the last 3 years on average, earnings per share has increased by 46% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Aug 27Second quarter 2022 earnings released: EPS: CN¥0.003 (vs CN¥0.043 in 2Q 2021)Second quarter 2022 results: EPS: CN¥0.003 (down from CN¥0.043 in 2Q 2021). Revenue: CN¥503.6m (down 23% from 2Q 2021). Net income: CN¥3.17m (down 92% from 2Q 2021). Profit margin: 0.6% (down from 6.1% in 2Q 2021). 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 8% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Apr 28First quarter 2022 earnings released: EPS: CN¥0.03 (vs CN¥0.036 in 1Q 2021)First quarter 2022 results: EPS: CN¥0.03 (down from CN¥0.036 in 1Q 2021). Revenue: CN¥563.1m (up 4.5% from 1Q 2021). Net income: CN¥28.0m (down 16% from 1Q 2021). Profit margin: 5.0% (down from 6.2% in 1Q 2021). Over the last 3 years on average, earnings per share has increased by 64% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.
Board Change • Apr 27High number of new directorsThere are 6 new directors who have joined the board in the last 3 years. Non-Independent Director Jianfeng Liang was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
Reported Earnings • Apr 03Full year 2021 earnings released: EPS: CN¥0.077 (vs CN¥0.023 in FY 2020)Full year 2021 results: EPS: CN¥0.077 (up from CN¥0.023 in FY 2020). Revenue: CN¥2.47b (up 94% from FY 2020). Net income: CN¥71.9m (up 235% from FY 2020). Profit margin: 2.9% (up from 1.7% in FY 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 61% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Nov 01Third quarter 2021 earnings released: EPS CN¥0.03 (vs CN¥0.017 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: CN¥651.8m (up 68% from 3Q 2020). Net income: CN¥27.6m (up 80% from 3Q 2020). Profit margin: 4.2% (up from 3.9% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 46% per year whereas the company’s share price has increased by 45% per year.
Valuation Update With 7 Day Price Move • Sep 30Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to CN¥9.08, the stock trades at a forward P/E ratio of 41x. Average forward P/E is 27x in the Electronic industry in China. Total returns to shareholders of 141% over the past three years.
Valuation Update With 7 Day Price Move • Sep 08Investor sentiment improved over the past weekAfter last week's 16% share price gain to CN¥9.67, the stock trades at a forward P/E ratio of 44x. Average forward P/E is 29x in the Electronic industry in China. Total returns to shareholders of 147% over the past three years.
Reported Earnings • Aug 11Second quarter 2021 earnings released: EPS CN¥0.043 (vs CN¥0.01 loss in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CN¥657.8m (up 106% from 2Q 2020). Net income: CN¥40.1m (up CN¥49.6m from 2Q 2020). Profit margin: 6.1% (up from net loss in 2Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has increased by 29% per year, which means it is tracking significantly ahead of earnings growth.
Reported Earnings • May 02First quarter 2021 earnings released: EPS CN¥0.036 (vs CN¥0.032 loss in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: CN¥539.0m (up 154% from 1Q 2020). Net income: CN¥33.5m (up CN¥63.5m from 1Q 2020). Profit margin: 6.2% (up from net loss in 1Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 40% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings.
Analyst Estimate Surprise Post Earnings • Feb 27Revenue misses expectationsRevenue missed analyst estimates by 0.9%. Over the next year, revenue is forecast to grow 27%, compared to a 31% growth forecast for the Electronic industry in China.
Reported Earnings • Feb 27Full year 2020 earnings released: EPS CN¥0.023 (vs CN¥0.02 in FY 2019)The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: CN¥1.28b (down 3.3% from FY 2019). Net income: CN¥21.5m (up 16% from FY 2019). Profit margin: 1.7% (up from 1.4% in FY 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 79% per year but the company’s share price has increased by 14% per year, which means it is well ahead of earnings.
Is New 90 Day High Low • Jan 20New 90-day high: CN¥10.13The company is up 51% from its price of CN¥6.71 on 23 October 2020. The Chinese market is up 7.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is up 8.0% over the same period.
Is New 90 Day High Low • Jan 04New 90-day high: CN¥8.22The company is up 5.0% from its price of CN¥7.80 on 30 September 2020. The Chinese market is up 8.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Electronic industry, which is up 4.0% over the same period.
Reported Earnings • Oct 30Third quarter earnings releasedOver the last 12 months the company has reported total losses of CN¥31.3m, with earnings decreasing by CN¥50.7m from the prior year. Total revenue was CN¥1.22b over the last 12 months, down 13% from the prior year.