View Past PerformanceRed phase 대차대조표 건전성재무 건전성 기준 점검 6/6Red phase 의 총 주주 지분은 CN¥1.2B 이고 총 부채는 CN¥10.2M, 이는 부채 대 자기자본 비율을 0.8% 로 가져옵니다. 총자산과 총부채는 각각 CN¥1.6B 및 CN¥401.8M 입니다.핵심 정보0.84%부채/자본 비율CN¥10.16m부채이자보상배율n/a현금CN¥363.30m자본CN¥1.20b총부채CN¥401.79m총자산CN¥1.61b최근 재무 건전성 업데이트업데이트 없음모든 업데이트 보기Recent updatesBoard Change • May 20High number of new and inexperienced directorsThere are 6 new directors who have joined the board in the last 3 years. The company's board is composed of: 6 new directors. 2 experienced directors. 2 highly experienced directors. Chairman Li Yang is the most experienced director on the board, commencing their role in 2014. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.공시 • Apr 28Red phase INC., Annual General Meeting, May 20, 2026Red phase INC., Annual General Meeting, May 20, 2026, at 15:00 China Standard Time. Location: The Company's Meeting Room, Xiamen, Fujian China공시 • Mar 31Red phase INC. to Report Q1, 2026 Results on Apr 28, 2026Red phase INC. announced that they will report Q1, 2026 results on Apr 28, 2026공시 • Dec 31Red phase INC. to Report Fiscal Year 2025 Results on Apr 28, 2026Red phase INC. announced that they will report fiscal year 2025 results on Apr 28, 2026공시 • Sep 30Red phase INC. to Report Q3, 2025 Results on Oct 29, 2025Red phase INC. announced that they will report Q3, 2025 results on Oct 29, 2025공시 • Jul 02Red phase INC. to Report First Half, 2025 Results on Aug 28, 2025Red phase INC. announced that they will report first half, 2025 results on Aug 28, 2025공시 • Apr 22Red phase INC., Annual General Meeting, May 14, 2025Red phase INC., Annual General Meeting, May 14, 2025, at 15:00 China Standard Time. Location: The Company's Meeting Room, Xiamen, Fujian China공시 • Mar 31Red phase INC. to Report Q1, 2025 Results on Apr 28, 2025Red phase INC. announced that they will report Q1, 2025 results on Apr 28, 2025공시 • Dec 31Red phase INC. to Report Fiscal Year 2024 Results on Apr 22, 2025Red phase INC. announced that they will report fiscal year 2024 results on Apr 22, 2025Reported Earnings • Oct 29Third quarter 2024 earnings released: CN¥0.15 loss per share (vs CN¥0.21 loss in 3Q 2023)Third quarter 2024 results: CN¥0.15 loss per share (improved from CN¥0.21 loss in 3Q 2023). Revenue: CN¥107.3m (down 58% from 3Q 2023). Net loss: CN¥60.8m (loss narrowed 21% from 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has fallen by 14% per year, which means it is performing significantly worse than earnings.공시 • Sep 30Red phase INC. to Report Q3, 2024 Results on Oct 29, 2024Red phase INC. announced that they will report Q3, 2024 results on Oct 29, 2024공시 • Jul 30Red phase INC. Announces Board AppointmentsRed phase INC. announced that at the EGM held on 26 July 2024, approved the appointment of Tang Wenchun, non-independent director, Luo Yuan, non-independent director, Zuo Kegang, non-independent director, Huang Yue, independent director, Liu Yang, independent director.공시 • Jun 29Red phase INC. to Report First Half, 2024 Results on Aug 30, 2024Red phase INC. announced that they will report first half, 2024 results on Aug 30, 2024Reported Earnings • Apr 30First quarter 2024 earnings released: CN¥0.091 loss per share (vs CN¥0.12 profit in 1Q 2023)First quarter 2024 results: CN¥0.091 loss per share (down from CN¥0.12 profit in 1Q 2023). Revenue: CN¥65.0m (down 82% from 1Q 2023). Net loss: CN¥32.8m (down 177% from profit in 1Q 2023). Over the last 3 years on average, earnings per share has fallen by 27% per year whereas the company’s share price has fallen by 28% per year.공시 • Apr 30Red phase INC., Annual General Meeting, May 22, 2024Red phase INC., Annual General Meeting, May 22, 2024, at 15:00 China Standard Time. Location: The Company's Meeting Room, Xiamen, Fujian China공시 • Mar 30Red phase INC. to Report Q1, 2024 Results on Apr 26, 2024Red phase INC. announced that they will report Q1, 2024 results on Apr 26, 2024New Risk • Mar 03New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 6.6% This is considered a minor 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 Interest payments are not well covered by earnings (0.5x net interest cover). Share price has been highly volatile over the past 3 months (13% average weekly change). Earnings have declined by 46% per year over the past 5 years. Minor Risk Shareholders have been diluted in the past year (6.6% increase in shares outstanding).New Risk • Jan 31New 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 7.7% 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 Risks Interest payments are not well covered by earnings (0.5x net interest cover). Earnings have declined by 46% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (7.7% average weekly change).공시 • Dec 30Red phase INC. to Report Fiscal Year 2023 Results on Apr 26, 2024Red phase INC. announced that they will report fiscal year 2023 results on Apr 26, 2024Reported Earnings • Oct 27Third quarter 2023 earnings released: CN¥0.21 loss per share (vs CN¥0.022 profit in 3Q 2022)Third quarter 2023 results: CN¥0.21 loss per share (down from CN¥0.022 profit in 3Q 2022). Revenue: CN¥255.1m (down 43% from 3Q 2022). Net loss: CN¥76.9m (down CN¥85.1m from profit in 3Q 2022). Over the last 3 years on average, earnings per share has fallen by 39% per year whereas the company’s share price has fallen by 37% per year.공시 • Sep 30Red phase INC. to Report Q3, 2023 Results on Oct 27, 2023Red phase INC. announced that they will report Q3, 2023 results on Oct 27, 2023Reported Earnings • Aug 30Second quarter 2023 earnings released: CN¥0.037 loss per share (vs CN¥0.066 profit in 2Q 2022)Second quarter 2023 results: CN¥0.037 loss per share (down from CN¥0.066 profit in 2Q 2022). Revenue: CN¥329.7m (down 22% from 2Q 2022). Net loss: CN¥13.4m (down 157% from profit in 2Q 2022). Over the last 3 years on average, earnings per share has fallen by 56% per year but the company’s share price has only fallen by 38% per year, which means it has not declined as severely as earnings.공시 • May 06Red phase INC., Annual General Meeting, May 22, 2023Red phase INC., Annual General Meeting, May 22, 2023, at 14:30 China Standard Time. Agenda: To consider 2022 annual report and its summary; to consider 2022 work report of the board of directors; to consider 2022 work report of the supervisory committee; to consider 2022 annual accounts; to consider 2022 profit distribution plan; to consider 2023 the Company and subsidiaries' provision of guarantee for the comprehensive credit line applied for by other subsidiaries; to consider Shareholder return plan for the next three years from 2023 to 2025; and to consider other matters.Valuation Update With 7 Day Price Move • May 05Investor sentiment deteriorates as stock falls 20%After last week's 20% share price decline to CN¥9.32, the stock trades at a trailing P/E ratio of 40.9x. Average trailing P/E is 39x in the Electronic industry in China. Total loss to shareholders of 51% over the past three years.Reported Earnings • Apr 30First quarter 2023 earnings released: EPS: CN¥0.12 (vs CN¥0.071 in 1Q 2022)First quarter 2023 results: EPS: CN¥0.12 (up from CN¥0.071 in 1Q 2022). Revenue: CN¥368.9m (up 17% from 1Q 2022). Net income: CN¥42.4m (up 67% from 1Q 2022). Profit margin: 12% (up from 8.0% in 1Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 59 percentage points per year, which is a significant difference in performance.Valuation Update With 7 Day Price Move • Mar 16Investor sentiment deteriorates as stock falls 22%After last week's 22% share price decline to CN¥14.52, the stock trades at a trailing P/E ratio of 53.5x. Average trailing P/E is 38x in the Electronic industry in China. Total loss to shareholders of 13% over the past three years.Reported Earnings • Mar 01Full year 2022 earnings released: EPS: CN¥0.27 (vs CN¥1.77 loss in FY 2021)Full year 2022 results: EPS: CN¥0.27 (up from CN¥1.77 loss in FY 2021). Revenue: CN¥1.98b (up 42% from FY 2021). Net income: CN¥98.2m (up CN¥734.0m from FY 2021). Profit margin: 5.0% (up from net loss in FY 2021). The move to profitability was primarily driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 85 percentage points per year, which is a significant difference in performance.공시 • Feb 17Kangqi Assets Wuwei No. 2 Private Equity Securities Investment Fund, managed by Guangzhou Kangqi Asset Management Center (Limited Partnership) completed the acquisition of a 5.5% stake in Red phase INC. (SZSE:300427) from Wolong Electric Group Co.,Ltd. (SHSE:600580).Kangqi Assets Wuwei No. 2 Private Equity Securities Investment Fund, managed by Guangzhou Kangqi Asset Management Center (Limited Partnership) agreed to acquire 5.5% stake in Red phase INC. (SZSE:300427) from Wolong Electric Group Co.,Ltd. (SHSE:600580) for approximately CNY 340 million on February 1, 2023. Post completion, Wolong Electric Group Co.,Ltd. will hold 6.94% stake and Kangqi Assets Wuwei No. 2 will hold 5.5% stake in Red phase. Kangqi Assets Wuwei No. 2 Private Equity Securities Investment Fund, managed by Guangzhou Kangqi Asset Management Center (Limited Partnership) completed the acquisition of a 5.5% stake in Red phase INC. (SZSE:300427) from Wolong Electric Group Co.,Ltd. (SHSE:600580) on January 15, 2023.Board Change • Nov 16High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Independent Director Yifei Yang 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 • Oct 29Third quarter 2022 earnings released: EPS: CN¥0.076 (vs CN¥0.046 in 3Q 2021)Third quarter 2022 results: EPS: CN¥0.076 (up from CN¥0.046 in 3Q 2021). Revenue: CN¥586.6m (up 84% from 3Q 2021). Net income: CN¥27.5m (up 64% from 3Q 2021). Profit margin: 4.7% (down from 5.3% in 3Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 113 percentage points per year, which is a significant difference in performance.Reported Earnings • Aug 31Second quarter 2022 earnings released: EPS: CN¥0.066 (vs CN¥0.12 in 2Q 2021)Second quarter 2022 results: EPS: CN¥0.066 (down from CN¥0.12 in 2Q 2021). Revenue: CN¥420.9m (up 23% from 2Q 2021). Net income: CN¥23.6m (down 43% from 2Q 2021). Profit margin: 5.6% (down from 12% in 2Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 104 percentage points per year, which is a significant difference in performance.Reported Earnings • Apr 29First quarter 2022 earnings released: EPS: CN¥0.071 (vs CN¥0.08 in 1Q 2021)First quarter 2022 results: EPS: CN¥0.071 (down from CN¥0.08 in 1Q 2021). Revenue: CN¥316.1m (up 15% from 1Q 2021). Net income: CN¥25.4m (down 12% from 1Q 2021). Profit margin: 8.0% (down from 11% in 1Q 2021). 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.Reported Earnings • Feb 23Full year 2021 earnings: EPS in line with expectations, revenues disappointFull year 2021 results: CN¥1.73 loss per share (down from CN¥0.65 profit in FY 2020). Revenue: CN¥1.39b (down 8.3% from FY 2020). Net loss: CN¥624.2m (down 369% from profit in FY 2020). Revenue missed analyst estimates by 7.4%. Over the last 3 years on average, earnings per share has fallen by 57% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.Reported Earnings • Oct 31Third quarter 2021 earnings released: EPS CN¥0.046 (vs CN¥0.18 in 3Q 2020)The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: CN¥318.4m (down 7.0% from 3Q 2020). Net income: CN¥16.7m (down 75% from 3Q 2020). Profit margin: 5.3% (down from 19% in 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings.Reported Earnings • Aug 28Second quarter 2021 earnings released: EPS CN¥0.12 (vs CN¥0.22 in 2Q 2020)The company reported a poor second quarter result with weaker earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CN¥342.2m (down 10% from 2Q 2020). Net income: CN¥41.6m (down 47% from 2Q 2020). Profit margin: 12% (down from 21% in 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 8% 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 • Aug 11Investor sentiment improved over the past weekAfter last week's 23% share price gain to CN¥15.69, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 31x in the Electronic industry in China. Total returns to shareholders of 25% over the past three years.Reported Earnings • Apr 25Full year 2020 earnings released: EPS CN¥0.65 (vs CN¥0.66 in FY 2019)The company reported a soft full year result with weaker earnings and profit margins, although revenues improved. Full year 2020 results: Revenue: CN¥1.52b (up 13% from FY 2019). Net income: CN¥231.7m (down 1.3% from FY 2019). Profit margin: 15% (down from 18% in FY 2019). The decrease in margin was driven by higher expenses. 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 4% per year, which means it is significantly lagging earnings.Valuation Update With 7 Day Price Move • Apr 15Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to CN¥12.04, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 26x in the Electronic industry in China. Total loss to shareholders of 19% over the past three years.Reported Earnings • Mar 04Full year 2020 earnings released: EPS CN¥0.64 (vs CN¥0.66 in FY 2019)The company reported a soft full year result with weaker earnings and profit margins, although revenues improved. Full year 2020 results: Revenue: CN¥1.52b (up 13% from FY 2019). Net income: CN¥228.9m (down 2.5% from FY 2019). Profit margin: 15% (down from 18% in FY 2019). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.Analyst Estimate Surprise Post Earnings • Mar 04Revenue misses expectationsRevenue missed analyst estimates by 7.4%. Over the next year, revenue is forecast to grow 44%, compared to a 31% growth forecast for the Electronic industry in China.Valuation Update With 7 Day Price Move • Feb 23Investor sentiment improved over the past weekAfter last week's 19% share price gain to CN¥17.27, the stock is trading at a trailing P/E ratio of 23.5x, up from the previous P/E ratio of 19.8x. 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 24%.Valuation Update With 7 Day Price Move • Jan 29Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to CN¥19.15, the stock is trading at a trailing P/E ratio of 26.1x, down from the previous P/E ratio of 31x. This compares to an average P/E of 39x in the Electronic industry in China. Total returns to shareholders over the past three years are 55%.Is New 90 Day High Low • Jan 26New 90-day low: CN¥21.21The company is down 19% from its price of CN¥26.23 on 29 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¥3.82 per share.Is New 90 Day High Low • Jan 11New 90-day low: CN¥21.92The company is down 24% from its price of CN¥28.85 on 14 October 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 2.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥3.82 per share.Is New 90 Day High Low • Dec 11New 90-day low: CN¥22.20The company is down 16% from its price of CN¥26.32 on 11 September 2020. The Chinese market is up 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 3.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥3.25 per share.Is New 90 Day High Low • Nov 17New 90-day low: CN¥22.62The company is down 30% from its price of CN¥32.51 on 19 August 2020. The Chinese market is down 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is down 2.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥2.85 per share.Is New 90 Day High Low • Nov 01New 90-day low: CN¥24.93The company is down 6.0% from its price of CN¥26.46 on 03 August 2020. The Chinese market is down 4.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is down 3.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥2.72 per share.Reported Earnings • Oct 28Third quarter earnings releasedOver the last 12 months the company has reported total profits of CN¥261.8m, up 1.4% from the prior year. Total revenue was CN¥1.42b over the last 12 months, up 2.6% from the prior year.재무 상태 분석단기부채: 300427 의 단기 자산 ( CN¥1.2B )이 단기 부채( CN¥380.0M ).장기 부채: 300427의 단기 자산(CN¥1.2B)이 장기 부채(CN¥21.8M)를 초과합니다.부채/자본 비율 추이 및 분석부채 수준: 300427 총 부채보다 더 많은 현금을 보유하고 있습니다.부채 감소: 300427의 부채 대비 자본 비율은 지난 5년 동안 79.3%에서 0.8%로 감소했습니다.대차대조표현금 보유 기간 분석과거에 평균적으로 손실을 기록해 온 기업의 경우, 최소 1년 이상의 현금 보유 기간이 있는지 평가합니다.안정적인 현금 활주로: 수익성이 없는 300427 현재의 플러스 무료 현금 흐름 수준을 유지한다면 3년 이상 충분한 현금 활주로를 보유하고 있습니다.예측 현금 활주로: 300427 은(는) 수익성이 없지만 잉여 현금 흐름이 긍정적이고 매년 16.9 %씩 성장하기 때문에 3년 이상 충분한 현금 활주로를 보유하고 있습니다.건전한 기업 찾아보기7D1Y7D1Y7D1YTech 산업의 건실한 기업.View Dividend기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/24 15:16종가2026/05/22 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 소스Red phase INC.는 4명의 분석가가 다루고 있습니다. 이 중 0명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Liang HeHuatai ResearchXiaoning LiuSWS Research Co., Ltd.Tanghai QingTianfeng Securities Brokerage Co., Ltd1명의 분석가 더 보기
Board Change • May 20High number of new and inexperienced directorsThere are 6 new directors who have joined the board in the last 3 years. The company's board is composed of: 6 new directors. 2 experienced directors. 2 highly experienced directors. Chairman Li Yang is the most experienced director on the board, commencing their role in 2014. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.
공시 • Apr 28Red phase INC., Annual General Meeting, May 20, 2026Red phase INC., Annual General Meeting, May 20, 2026, at 15:00 China Standard Time. Location: The Company's Meeting Room, Xiamen, Fujian China
공시 • Mar 31Red phase INC. to Report Q1, 2026 Results on Apr 28, 2026Red phase INC. announced that they will report Q1, 2026 results on Apr 28, 2026
공시 • Dec 31Red phase INC. to Report Fiscal Year 2025 Results on Apr 28, 2026Red phase INC. announced that they will report fiscal year 2025 results on Apr 28, 2026
공시 • Sep 30Red phase INC. to Report Q3, 2025 Results on Oct 29, 2025Red phase INC. announced that they will report Q3, 2025 results on Oct 29, 2025
공시 • Jul 02Red phase INC. to Report First Half, 2025 Results on Aug 28, 2025Red phase INC. announced that they will report first half, 2025 results on Aug 28, 2025
공시 • Apr 22Red phase INC., Annual General Meeting, May 14, 2025Red phase INC., Annual General Meeting, May 14, 2025, at 15:00 China Standard Time. Location: The Company's Meeting Room, Xiamen, Fujian China
공시 • Mar 31Red phase INC. to Report Q1, 2025 Results on Apr 28, 2025Red phase INC. announced that they will report Q1, 2025 results on Apr 28, 2025
공시 • Dec 31Red phase INC. to Report Fiscal Year 2024 Results on Apr 22, 2025Red phase INC. announced that they will report fiscal year 2024 results on Apr 22, 2025
Reported Earnings • Oct 29Third quarter 2024 earnings released: CN¥0.15 loss per share (vs CN¥0.21 loss in 3Q 2023)Third quarter 2024 results: CN¥0.15 loss per share (improved from CN¥0.21 loss in 3Q 2023). Revenue: CN¥107.3m (down 58% from 3Q 2023). Net loss: CN¥60.8m (loss narrowed 21% from 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has fallen by 14% per year, which means it is performing significantly worse than earnings.
공시 • Sep 30Red phase INC. to Report Q3, 2024 Results on Oct 29, 2024Red phase INC. announced that they will report Q3, 2024 results on Oct 29, 2024
공시 • Jul 30Red phase INC. Announces Board AppointmentsRed phase INC. announced that at the EGM held on 26 July 2024, approved the appointment of Tang Wenchun, non-independent director, Luo Yuan, non-independent director, Zuo Kegang, non-independent director, Huang Yue, independent director, Liu Yang, independent director.
공시 • Jun 29Red phase INC. to Report First Half, 2024 Results on Aug 30, 2024Red phase INC. announced that they will report first half, 2024 results on Aug 30, 2024
Reported Earnings • Apr 30First quarter 2024 earnings released: CN¥0.091 loss per share (vs CN¥0.12 profit in 1Q 2023)First quarter 2024 results: CN¥0.091 loss per share (down from CN¥0.12 profit in 1Q 2023). Revenue: CN¥65.0m (down 82% from 1Q 2023). Net loss: CN¥32.8m (down 177% from profit in 1Q 2023). Over the last 3 years on average, earnings per share has fallen by 27% per year whereas the company’s share price has fallen by 28% per year.
공시 • Apr 30Red phase INC., Annual General Meeting, May 22, 2024Red phase INC., Annual General Meeting, May 22, 2024, at 15:00 China Standard Time. Location: The Company's Meeting Room, Xiamen, Fujian China
공시 • Mar 30Red phase INC. to Report Q1, 2024 Results on Apr 26, 2024Red phase INC. announced that they will report Q1, 2024 results on Apr 26, 2024
New Risk • Mar 03New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 6.6% This is considered a minor 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 Interest payments are not well covered by earnings (0.5x net interest cover). Share price has been highly volatile over the past 3 months (13% average weekly change). Earnings have declined by 46% per year over the past 5 years. Minor Risk Shareholders have been diluted in the past year (6.6% increase in shares outstanding).
New Risk • Jan 31New 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 7.7% 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 Risks Interest payments are not well covered by earnings (0.5x net interest cover). Earnings have declined by 46% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (7.7% average weekly change).
공시 • Dec 30Red phase INC. to Report Fiscal Year 2023 Results on Apr 26, 2024Red phase INC. announced that they will report fiscal year 2023 results on Apr 26, 2024
Reported Earnings • Oct 27Third quarter 2023 earnings released: CN¥0.21 loss per share (vs CN¥0.022 profit in 3Q 2022)Third quarter 2023 results: CN¥0.21 loss per share (down from CN¥0.022 profit in 3Q 2022). Revenue: CN¥255.1m (down 43% from 3Q 2022). Net loss: CN¥76.9m (down CN¥85.1m from profit in 3Q 2022). Over the last 3 years on average, earnings per share has fallen by 39% per year whereas the company’s share price has fallen by 37% per year.
공시 • Sep 30Red phase INC. to Report Q3, 2023 Results on Oct 27, 2023Red phase INC. announced that they will report Q3, 2023 results on Oct 27, 2023
Reported Earnings • Aug 30Second quarter 2023 earnings released: CN¥0.037 loss per share (vs CN¥0.066 profit in 2Q 2022)Second quarter 2023 results: CN¥0.037 loss per share (down from CN¥0.066 profit in 2Q 2022). Revenue: CN¥329.7m (down 22% from 2Q 2022). Net loss: CN¥13.4m (down 157% from profit in 2Q 2022). Over the last 3 years on average, earnings per share has fallen by 56% per year but the company’s share price has only fallen by 38% per year, which means it has not declined as severely as earnings.
공시 • May 06Red phase INC., Annual General Meeting, May 22, 2023Red phase INC., Annual General Meeting, May 22, 2023, at 14:30 China Standard Time. Agenda: To consider 2022 annual report and its summary; to consider 2022 work report of the board of directors; to consider 2022 work report of the supervisory committee; to consider 2022 annual accounts; to consider 2022 profit distribution plan; to consider 2023 the Company and subsidiaries' provision of guarantee for the comprehensive credit line applied for by other subsidiaries; to consider Shareholder return plan for the next three years from 2023 to 2025; and to consider other matters.
Valuation Update With 7 Day Price Move • May 05Investor sentiment deteriorates as stock falls 20%After last week's 20% share price decline to CN¥9.32, the stock trades at a trailing P/E ratio of 40.9x. Average trailing P/E is 39x in the Electronic industry in China. Total loss to shareholders of 51% over the past three years.
Reported Earnings • Apr 30First quarter 2023 earnings released: EPS: CN¥0.12 (vs CN¥0.071 in 1Q 2022)First quarter 2023 results: EPS: CN¥0.12 (up from CN¥0.071 in 1Q 2022). Revenue: CN¥368.9m (up 17% from 1Q 2022). Net income: CN¥42.4m (up 67% from 1Q 2022). Profit margin: 12% (up from 8.0% in 1Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 59 percentage points per year, which is a significant difference in performance.
Valuation Update With 7 Day Price Move • Mar 16Investor sentiment deteriorates as stock falls 22%After last week's 22% share price decline to CN¥14.52, the stock trades at a trailing P/E ratio of 53.5x. Average trailing P/E is 38x in the Electronic industry in China. Total loss to shareholders of 13% over the past three years.
Reported Earnings • Mar 01Full year 2022 earnings released: EPS: CN¥0.27 (vs CN¥1.77 loss in FY 2021)Full year 2022 results: EPS: CN¥0.27 (up from CN¥1.77 loss in FY 2021). Revenue: CN¥1.98b (up 42% from FY 2021). Net income: CN¥98.2m (up CN¥734.0m from FY 2021). Profit margin: 5.0% (up from net loss in FY 2021). The move to profitability was primarily driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 85 percentage points per year, which is a significant difference in performance.
공시 • Feb 17Kangqi Assets Wuwei No. 2 Private Equity Securities Investment Fund, managed by Guangzhou Kangqi Asset Management Center (Limited Partnership) completed the acquisition of a 5.5% stake in Red phase INC. (SZSE:300427) from Wolong Electric Group Co.,Ltd. (SHSE:600580).Kangqi Assets Wuwei No. 2 Private Equity Securities Investment Fund, managed by Guangzhou Kangqi Asset Management Center (Limited Partnership) agreed to acquire 5.5% stake in Red phase INC. (SZSE:300427) from Wolong Electric Group Co.,Ltd. (SHSE:600580) for approximately CNY 340 million on February 1, 2023. Post completion, Wolong Electric Group Co.,Ltd. will hold 6.94% stake and Kangqi Assets Wuwei No. 2 will hold 5.5% stake in Red phase. Kangqi Assets Wuwei No. 2 Private Equity Securities Investment Fund, managed by Guangzhou Kangqi Asset Management Center (Limited Partnership) completed the acquisition of a 5.5% stake in Red phase INC. (SZSE:300427) from Wolong Electric Group Co.,Ltd. (SHSE:600580) on January 15, 2023.
Board Change • Nov 16High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Independent Director Yifei Yang 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 • Oct 29Third quarter 2022 earnings released: EPS: CN¥0.076 (vs CN¥0.046 in 3Q 2021)Third quarter 2022 results: EPS: CN¥0.076 (up from CN¥0.046 in 3Q 2021). Revenue: CN¥586.6m (up 84% from 3Q 2021). Net income: CN¥27.5m (up 64% from 3Q 2021). Profit margin: 4.7% (down from 5.3% in 3Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 113 percentage points per year, which is a significant difference in performance.
Reported Earnings • Aug 31Second quarter 2022 earnings released: EPS: CN¥0.066 (vs CN¥0.12 in 2Q 2021)Second quarter 2022 results: EPS: CN¥0.066 (down from CN¥0.12 in 2Q 2021). Revenue: CN¥420.9m (up 23% from 2Q 2021). Net income: CN¥23.6m (down 43% from 2Q 2021). Profit margin: 5.6% (down from 12% in 2Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 104 percentage points per year, which is a significant difference in performance.
Reported Earnings • Apr 29First quarter 2022 earnings released: EPS: CN¥0.071 (vs CN¥0.08 in 1Q 2021)First quarter 2022 results: EPS: CN¥0.071 (down from CN¥0.08 in 1Q 2021). Revenue: CN¥316.1m (up 15% from 1Q 2021). Net income: CN¥25.4m (down 12% from 1Q 2021). Profit margin: 8.0% (down from 11% in 1Q 2021). 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.
Reported Earnings • Feb 23Full year 2021 earnings: EPS in line with expectations, revenues disappointFull year 2021 results: CN¥1.73 loss per share (down from CN¥0.65 profit in FY 2020). Revenue: CN¥1.39b (down 8.3% from FY 2020). Net loss: CN¥624.2m (down 369% from profit in FY 2020). Revenue missed analyst estimates by 7.4%. Over the last 3 years on average, earnings per share has fallen by 57% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.
Reported Earnings • Oct 31Third quarter 2021 earnings released: EPS CN¥0.046 (vs CN¥0.18 in 3Q 2020)The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: CN¥318.4m (down 7.0% from 3Q 2020). Net income: CN¥16.7m (down 75% from 3Q 2020). Profit margin: 5.3% (down from 19% in 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings.
Reported Earnings • Aug 28Second quarter 2021 earnings released: EPS CN¥0.12 (vs CN¥0.22 in 2Q 2020)The company reported a poor second quarter result with weaker earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CN¥342.2m (down 10% from 2Q 2020). Net income: CN¥41.6m (down 47% from 2Q 2020). Profit margin: 12% (down from 21% in 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 8% 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 • Aug 11Investor sentiment improved over the past weekAfter last week's 23% share price gain to CN¥15.69, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 31x in the Electronic industry in China. Total returns to shareholders of 25% over the past three years.
Reported Earnings • Apr 25Full year 2020 earnings released: EPS CN¥0.65 (vs CN¥0.66 in FY 2019)The company reported a soft full year result with weaker earnings and profit margins, although revenues improved. Full year 2020 results: Revenue: CN¥1.52b (up 13% from FY 2019). Net income: CN¥231.7m (down 1.3% from FY 2019). Profit margin: 15% (down from 18% in FY 2019). The decrease in margin was driven by higher expenses. 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 4% per year, which means it is significantly lagging earnings.
Valuation Update With 7 Day Price Move • Apr 15Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to CN¥12.04, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 26x in the Electronic industry in China. Total loss to shareholders of 19% over the past three years.
Reported Earnings • Mar 04Full year 2020 earnings released: EPS CN¥0.64 (vs CN¥0.66 in FY 2019)The company reported a soft full year result with weaker earnings and profit margins, although revenues improved. Full year 2020 results: Revenue: CN¥1.52b (up 13% from FY 2019). Net income: CN¥228.9m (down 2.5% from FY 2019). Profit margin: 15% (down from 18% in FY 2019). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.
Analyst Estimate Surprise Post Earnings • Mar 04Revenue misses expectationsRevenue missed analyst estimates by 7.4%. Over the next year, revenue is forecast to grow 44%, compared to a 31% growth forecast for the Electronic industry in China.
Valuation Update With 7 Day Price Move • Feb 23Investor sentiment improved over the past weekAfter last week's 19% share price gain to CN¥17.27, the stock is trading at a trailing P/E ratio of 23.5x, up from the previous P/E ratio of 19.8x. 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 24%.
Valuation Update With 7 Day Price Move • Jan 29Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to CN¥19.15, the stock is trading at a trailing P/E ratio of 26.1x, down from the previous P/E ratio of 31x. This compares to an average P/E of 39x in the Electronic industry in China. Total returns to shareholders over the past three years are 55%.
Is New 90 Day High Low • Jan 26New 90-day low: CN¥21.21The company is down 19% from its price of CN¥26.23 on 29 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¥3.82 per share.
Is New 90 Day High Low • Jan 11New 90-day low: CN¥21.92The company is down 24% from its price of CN¥28.85 on 14 October 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 2.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥3.82 per share.
Is New 90 Day High Low • Dec 11New 90-day low: CN¥22.20The company is down 16% from its price of CN¥26.32 on 11 September 2020. The Chinese market is up 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 3.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥3.25 per share.
Is New 90 Day High Low • Nov 17New 90-day low: CN¥22.62The company is down 30% from its price of CN¥32.51 on 19 August 2020. The Chinese market is down 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is down 2.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥2.85 per share.
Is New 90 Day High Low • Nov 01New 90-day low: CN¥24.93The company is down 6.0% from its price of CN¥26.46 on 03 August 2020. The Chinese market is down 4.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is down 3.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥2.72 per share.
Reported Earnings • Oct 28Third quarter earnings releasedOver the last 12 months the company has reported total profits of CN¥261.8m, up 1.4% from the prior year. Total revenue was CN¥1.42b over the last 12 months, up 2.6% from the prior year.