View Financial HealthWCON Electronics 배당 및 자사주 매입배당 기준 점검 2/6WCON Electronics 수익으로 충분히 충당되는 현재 수익률 0.5% 보유한 배당금 지급 회사입니다.핵심 정보0.5%배당 수익률0%자사주 매입 수익률총 주주 수익률0.5%미래 배당 수익률0.5%배당 성장률n/a다음 배당 지급일n/a배당락일n/a주당 배당금n/a배당 성향55%최근 배당 및 자사주 매입 업데이트Declared Dividend • May 24Dividend of CN¥0.30 announcedShareholders will receive a dividend of CN¥0.30. Ex-date: 29th May 2024 Payment date: 29th May 2024 Dividend yield will be 0.7%, which is lower than the industry average of 1.8%. Sustainability & Growth Dividend is covered by earnings (32% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The company is yet to establish a track record of dividend growth or stability as it hasn't paid a regular dividend for at least 2 years. EPS is expected to grow by 54% over the next year, which should provide support to the dividend and adequate earnings cover.공시 • Apr 27WCON Electronics (Guangdong) Co., Ltd. Proposes Final Dividend for the Year 2023WCON Electronics (Guangdong) Co., Ltd. announced on 25 April 2024 the final profit distribution proposal for 2023 as follows: Cash dividend/10 shares (tax included): CNY 3.00000000.공시 • May 06WCON Electronics (Guangdong) Co., Ltd. Approves Cash Dividend for 2022WCON Electronics (Guangdong) Co., Ltd. at its Annual General Meeting of 2022 held on 04 May 2023, approved cash dividend/10 shares (tax included): CNY 5.00000000.모든 업데이트 보기Recent updates공시 • Apr 24WCON Electronics Co., Ltd., Annual General Meeting, May 15, 2026WCON Electronics Co., Ltd., Annual General Meeting, May 15, 2026, at 15:00 China Standard Time. Location: The Company's Meeting Room, Dongguan, Guangdong China공시 • Mar 31WCON Electronics Co., Ltd. to Report Q1, 2026 Results on Apr 24, 2026WCON Electronics Co., Ltd. announced that they will report Q1, 2026 results on Apr 24, 2026공시 • Dec 31WCON Electronics (Guangdong) Co., Ltd. to Report Fiscal Year 2025 Results on Apr 24, 2026WCON Electronics (Guangdong) Co., Ltd. announced that they will report fiscal year 2025 results on Apr 24, 2026공시 • Sep 30WCON Electronics (Guangdong) Co., Ltd. to Report Q3, 2025 Results on Oct 25, 2025WCON Electronics (Guangdong) Co., Ltd. announced that they will report Q3, 2025 results on Oct 25, 2025공시 • Jul 02WCON Electronics (Guangdong) Co., Ltd. to Report First Half, 2025 Results on Aug 23, 2025WCON Electronics (Guangdong) Co., Ltd. announced that they will report first half, 2025 results on Aug 23, 2025공시 • Apr 26WCON Electronics (Guangdong) Co., Ltd., Annual General Meeting, May 19, 2025WCON Electronics (Guangdong) Co., Ltd., Annual General Meeting, May 19, 2025, at 14:30 China Standard Time. Location: The Company's Meeting Room, Dongguan, Guangdong China공시 • Mar 31WCON Electronics (Guangdong) Co., Ltd. to Report Q1, 2025 Results on Apr 26, 2025WCON Electronics (Guangdong) Co., Ltd. announced that they will report Q1, 2025 results on Apr 26, 2025공시 • Dec 31WCON Electronics (Guangdong) Co., Ltd. to Report Fiscal Year 2024 Results on Apr 26, 2025WCON Electronics (Guangdong) Co., Ltd. announced that they will report fiscal year 2024 results on Apr 26, 2025Reported Earnings • Oct 26Third quarter 2024 earnings released: EPS: CN¥0.19 (vs CN¥0.24 in 3Q 2023)Third quarter 2024 results: EPS: CN¥0.19 (down from CN¥0.24 in 3Q 2023). Revenue: CN¥143.7m (up 15% from 3Q 2023). Net income: CN¥20.9m (down 22% from 3Q 2023). Profit margin: 14% (down from 21% in 3Q 2023). The decrease in margin was driven by higher expenses.Valuation Update With 7 Day Price Move • Oct 15Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to CN¥38.08, the stock trades at a trailing P/E ratio of 39.8x. Average trailing P/E is 41x in the Electronic industry in China. Total loss to shareholders of 17% over the past year.공시 • Sep 30WCON Electronics (Guangdong) Co., Ltd. to Report Q3, 2024 Results on Oct 26, 2024WCON Electronics (Guangdong) Co., Ltd. announced that they will report Q3, 2024 results on Oct 26, 2024Valuation Update With 7 Day Price Move • Sep 28Investor sentiment improves as stock rises 19%After last week's 19% share price gain to CN¥36.19, the stock trades at a trailing P/E ratio of 38.3x. Average trailing P/E is 38x in the Electronic industry in China. Total loss to shareholders of 25% over the past year.Reported Earnings • Aug 24Second quarter 2024 earnings released: EPS: CN¥0.26 (vs CN¥0.25 in 2Q 2023)Second quarter 2024 results: EPS: CN¥0.26 (up from CN¥0.25 in 2Q 2023). Revenue: CN¥140.4m (up 9.5% from 2Q 2023). Net income: CN¥29.0m (up 7.3% from 2Q 2023). Profit margin: 21% (in line with 2Q 2023).Valuation Update With 7 Day Price Move • Jul 15Investor sentiment improves as stock rises 18%After last week's 18% share price gain to CN¥40.20, the stock trades at a trailing P/E ratio of 43.4x. Average trailing P/E is 41x in the Electronic industry in China. Total loss to shareholders of 28% over the past year.공시 • Jun 29WCON Electronics (Guangdong) Co., Ltd. to Report First Half, 2024 Results on Aug 24, 2024WCON Electronics (Guangdong) Co., Ltd. announced that they will report first half, 2024 results on Aug 24, 2024Declared Dividend • May 24Dividend of CN¥0.30 announcedShareholders will receive a dividend of CN¥0.30. Ex-date: 29th May 2024 Payment date: 29th May 2024 Dividend yield will be 0.7%, which is lower than the industry average of 1.8%. Sustainability & Growth Dividend is covered by earnings (32% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The company is yet to establish a track record of dividend growth or stability as it hasn't paid a regular dividend for at least 2 years. EPS is expected to grow by 54% over the next year, which should provide support to the dividend and adequate earnings cover.공시 • Apr 27WCON Electronics (Guangdong) Co., Ltd. Proposes Final Dividend for the Year 2023WCON Electronics (Guangdong) Co., Ltd. announced on 25 April 2024 the final profit distribution proposal for 2023 as follows: Cash dividend/10 shares (tax included): CNY 3.00000000.공시 • Apr 26WCON Electronics (Guangdong) Co., Ltd., Annual General Meeting, May 16, 2024WCON Electronics (Guangdong) Co., Ltd., Annual General Meeting, May 16, 2024, at 14:30 China Standard Time. Location: The Company's Meeting Room, Dongguan, Guangdong ChinaReported Earnings • Apr 25First quarter 2024 earnings released: EPS: CN¥0.17 (vs CN¥0.43 in 1Q 2023)First quarter 2024 results: EPS: CN¥0.17 (down from CN¥0.43 in 1Q 2023). Revenue: CN¥100.4m (down 12% from 1Q 2023). Net income: CN¥18.2m (down 62% from 1Q 2023). Profit margin: 18% (down from 42% in 1Q 2023). The decrease in margin was primarily driven by higher expenses. Revenue is forecast to grow 49% p.a. on average during the next 2 years, compared to a 17% growth forecast for the Electronic industry in China.Valuation Update With 7 Day Price Move • Apr 08Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to CN¥37.07, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 22x in the Electronic industry in China. Total loss to shareholders of 32% over the past year.New Risk • Apr 04New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Chinese stocks, typically moving 12% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (12% average weekly change). High level of non-cash earnings (41% accrual ratio). Minor Risk Paying a dividend despite having no free cash flows.공시 • Mar 30WCON Electronics (Guangdong) Co., Ltd. to Report Q1, 2024 Results on Apr 25, 2024WCON Electronics (Guangdong) Co., Ltd. announced that they will report Q1, 2024 results on Apr 25, 2024Valuation Update With 7 Day Price Move • Mar 20Investor sentiment improves as stock rises 15%After last week's 15% share price gain to CN¥46.45, the stock trades at a forward P/E ratio of 25x. Average forward P/E is 23x in the Electronic industry in China. Total loss to shareholders of 16% over the past year.Valuation Update With 7 Day Price Move • Feb 06Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to CN¥30.02, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 16x in the Electronic industry in China.Valuation Update With 7 Day Price Move • Jan 22Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to CN¥37.87, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 20x in the Electronic industry in China.공시 • Dec 30WCON Electronics (Guangdong) Co., Ltd. to Report Fiscal Year 2023 Results on Apr 25, 2024WCON Electronics (Guangdong) Co., Ltd. announced that they will report fiscal year 2023 results on Apr 25, 2024Valuation Update With 7 Day Price Move • Nov 30Investor sentiment improves as stock rises 15%After last week's 15% share price gain to CN¥60.20, the stock trades at a forward P/E ratio of 30x. Average forward P/E is 23x in the Electronic industry in China.New Risk • Nov 29New 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 High level of non-cash earnings (41% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (6.3% average weekly change).Valuation Update With 7 Day Price Move • Nov 09Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CN¥51.28, the stock trades at a forward P/E ratio of 26x. Average forward P/E is 22x in the Electronic industry in China.Reported Earnings • Oct 29Third quarter 2023 earnings released: EPS: CN¥0.24 (vs CN¥0.39 in 3Q 2022)Third quarter 2023 results: EPS: CN¥0.24 (down from CN¥0.39 in 3Q 2022). Revenue: CN¥125.0m (down 7.4% from 3Q 2022). Net income: CN¥26.8m (down 17% from 3Q 2022). Profit margin: 21% (down from 24% in 3Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 42% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Electronic industry in China.Reported Earnings • Aug 25Second quarter 2023 earnings releasedSecond quarter 2023 results: EPS: CN¥0.25. Net income: CN¥27.0m (up CN¥27.0m from 2Q 2022). Revenue is forecast to grow 39% p.a. on average during the next 3 years, compared to a 19% growth forecast for the Electronic industry in China.Valuation Update With 7 Day Price Move • Jul 21Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to CN¥50.12, the stock trades at a forward P/E ratio of 28x. Average forward P/E is 24x in the Electronic industry in China.New Risk • Jul 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 6.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (49% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (6.9% average weekly change).공시 • Jul 01WCON Electronics (Guangdong) Co., Ltd. to Report First Half, 2023 Results on Aug 25, 2023WCON Electronics (Guangdong) Co., Ltd. announced that they will report first half, 2023 results on Aug 25, 2023공시 • May 06WCON Electronics (Guangdong) Co., Ltd. Approves Cash Dividend for 2022WCON Electronics (Guangdong) Co., Ltd. at its Annual General Meeting of 2022 held on 04 May 2023, approved cash dividend/10 shares (tax included): CNY 5.00000000.Board Change • Mar 14High 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. 1 experienced director. No highly experienced directors. Chairman of the Board & General Manager Wenhua Li is the most experienced director on the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.지급의 안정성과 성장배당 데이터 가져오는 중안정적인 배당: 301328 10년 미만 동안 배당금을 지급해 왔으며 이 기간 동안 지급액은 휘발성이었습니다.배당금 증가: 301328 의 배당금 지급이 증가했지만 회사는 3 년 동안만 배당금을 지급했습니다.배당 수익률 vs 시장WCON Electronics 배당 수익률 vs 시장301328의 배당 수익률은 시장과 어떻게 비교되나요?구분배당 수익률회사 (301328)0.5%시장 하위 25% (CN)0.4%시장 상위 25% (CN)1.9%업계 평균 (Electronic)1.0%분석가 예측 (301328) (최대 3년)0.5%주목할만한 배당금: 301328 의 배당금( 0.5% )은 CN 시장에서 배당금 지급자의 하위 25%( 0.37% )보다 높습니다.고배당: 301328 의 배당금( 0.5% )은 CN 시장에서 배당금 지급자의 상위 25%( 1.9% )와 비교해 낮습니다.주주 대상 이익 배당수익 보장: 합리적인 지급 비율 ( 55% )을 통해 301328 의 배당금 지급은 수익으로 충당됩니다.주주 현금 배당현금 흐름 범위: 301328 배당금을 지급하고 있지만 회사에는 잉여현금흐름이 없습니다.높은 배당을 제공하는 우량 기업 찾기7D1Y7D1Y7D1YCN 시장에서 배당이 강한 기업.View Management기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/17 21:52종가2026/05/15 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 소스WCON Electronics Co., Ltd.는 1명의 분석가가 다루고 있습니다. 이 중 0명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Jing FangMinsheng Securities Co.
Declared Dividend • May 24Dividend of CN¥0.30 announcedShareholders will receive a dividend of CN¥0.30. Ex-date: 29th May 2024 Payment date: 29th May 2024 Dividend yield will be 0.7%, which is lower than the industry average of 1.8%. Sustainability & Growth Dividend is covered by earnings (32% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The company is yet to establish a track record of dividend growth or stability as it hasn't paid a regular dividend for at least 2 years. EPS is expected to grow by 54% over the next year, which should provide support to the dividend and adequate earnings cover.
공시 • Apr 27WCON Electronics (Guangdong) Co., Ltd. Proposes Final Dividend for the Year 2023WCON Electronics (Guangdong) Co., Ltd. announced on 25 April 2024 the final profit distribution proposal for 2023 as follows: Cash dividend/10 shares (tax included): CNY 3.00000000.
공시 • May 06WCON Electronics (Guangdong) Co., Ltd. Approves Cash Dividend for 2022WCON Electronics (Guangdong) Co., Ltd. at its Annual General Meeting of 2022 held on 04 May 2023, approved cash dividend/10 shares (tax included): CNY 5.00000000.
공시 • Apr 24WCON Electronics Co., Ltd., Annual General Meeting, May 15, 2026WCON Electronics Co., Ltd., Annual General Meeting, May 15, 2026, at 15:00 China Standard Time. Location: The Company's Meeting Room, Dongguan, Guangdong China
공시 • Mar 31WCON Electronics Co., Ltd. to Report Q1, 2026 Results on Apr 24, 2026WCON Electronics Co., Ltd. announced that they will report Q1, 2026 results on Apr 24, 2026
공시 • Dec 31WCON Electronics (Guangdong) Co., Ltd. to Report Fiscal Year 2025 Results on Apr 24, 2026WCON Electronics (Guangdong) Co., Ltd. announced that they will report fiscal year 2025 results on Apr 24, 2026
공시 • Sep 30WCON Electronics (Guangdong) Co., Ltd. to Report Q3, 2025 Results on Oct 25, 2025WCON Electronics (Guangdong) Co., Ltd. announced that they will report Q3, 2025 results on Oct 25, 2025
공시 • Jul 02WCON Electronics (Guangdong) Co., Ltd. to Report First Half, 2025 Results on Aug 23, 2025WCON Electronics (Guangdong) Co., Ltd. announced that they will report first half, 2025 results on Aug 23, 2025
공시 • Apr 26WCON Electronics (Guangdong) Co., Ltd., Annual General Meeting, May 19, 2025WCON Electronics (Guangdong) Co., Ltd., Annual General Meeting, May 19, 2025, at 14:30 China Standard Time. Location: The Company's Meeting Room, Dongguan, Guangdong China
공시 • Mar 31WCON Electronics (Guangdong) Co., Ltd. to Report Q1, 2025 Results on Apr 26, 2025WCON Electronics (Guangdong) Co., Ltd. announced that they will report Q1, 2025 results on Apr 26, 2025
공시 • Dec 31WCON Electronics (Guangdong) Co., Ltd. to Report Fiscal Year 2024 Results on Apr 26, 2025WCON Electronics (Guangdong) Co., Ltd. announced that they will report fiscal year 2024 results on Apr 26, 2025
Reported Earnings • Oct 26Third quarter 2024 earnings released: EPS: CN¥0.19 (vs CN¥0.24 in 3Q 2023)Third quarter 2024 results: EPS: CN¥0.19 (down from CN¥0.24 in 3Q 2023). Revenue: CN¥143.7m (up 15% from 3Q 2023). Net income: CN¥20.9m (down 22% from 3Q 2023). Profit margin: 14% (down from 21% in 3Q 2023). The decrease in margin was driven by higher expenses.
Valuation Update With 7 Day Price Move • Oct 15Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to CN¥38.08, the stock trades at a trailing P/E ratio of 39.8x. Average trailing P/E is 41x in the Electronic industry in China. Total loss to shareholders of 17% over the past year.
공시 • Sep 30WCON Electronics (Guangdong) Co., Ltd. to Report Q3, 2024 Results on Oct 26, 2024WCON Electronics (Guangdong) Co., Ltd. announced that they will report Q3, 2024 results on Oct 26, 2024
Valuation Update With 7 Day Price Move • Sep 28Investor sentiment improves as stock rises 19%After last week's 19% share price gain to CN¥36.19, the stock trades at a trailing P/E ratio of 38.3x. Average trailing P/E is 38x in the Electronic industry in China. Total loss to shareholders of 25% over the past year.
Reported Earnings • Aug 24Second quarter 2024 earnings released: EPS: CN¥0.26 (vs CN¥0.25 in 2Q 2023)Second quarter 2024 results: EPS: CN¥0.26 (up from CN¥0.25 in 2Q 2023). Revenue: CN¥140.4m (up 9.5% from 2Q 2023). Net income: CN¥29.0m (up 7.3% from 2Q 2023). Profit margin: 21% (in line with 2Q 2023).
Valuation Update With 7 Day Price Move • Jul 15Investor sentiment improves as stock rises 18%After last week's 18% share price gain to CN¥40.20, the stock trades at a trailing P/E ratio of 43.4x. Average trailing P/E is 41x in the Electronic industry in China. Total loss to shareholders of 28% over the past year.
공시 • Jun 29WCON Electronics (Guangdong) Co., Ltd. to Report First Half, 2024 Results on Aug 24, 2024WCON Electronics (Guangdong) Co., Ltd. announced that they will report first half, 2024 results on Aug 24, 2024
Declared Dividend • May 24Dividend of CN¥0.30 announcedShareholders will receive a dividend of CN¥0.30. Ex-date: 29th May 2024 Payment date: 29th May 2024 Dividend yield will be 0.7%, which is lower than the industry average of 1.8%. Sustainability & Growth Dividend is covered by earnings (32% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The company is yet to establish a track record of dividend growth or stability as it hasn't paid a regular dividend for at least 2 years. EPS is expected to grow by 54% over the next year, which should provide support to the dividend and adequate earnings cover.
공시 • Apr 27WCON Electronics (Guangdong) Co., Ltd. Proposes Final Dividend for the Year 2023WCON Electronics (Guangdong) Co., Ltd. announced on 25 April 2024 the final profit distribution proposal for 2023 as follows: Cash dividend/10 shares (tax included): CNY 3.00000000.
공시 • Apr 26WCON Electronics (Guangdong) Co., Ltd., Annual General Meeting, May 16, 2024WCON Electronics (Guangdong) Co., Ltd., Annual General Meeting, May 16, 2024, at 14:30 China Standard Time. Location: The Company's Meeting Room, Dongguan, Guangdong China
Reported Earnings • Apr 25First quarter 2024 earnings released: EPS: CN¥0.17 (vs CN¥0.43 in 1Q 2023)First quarter 2024 results: EPS: CN¥0.17 (down from CN¥0.43 in 1Q 2023). Revenue: CN¥100.4m (down 12% from 1Q 2023). Net income: CN¥18.2m (down 62% from 1Q 2023). Profit margin: 18% (down from 42% in 1Q 2023). The decrease in margin was primarily driven by higher expenses. Revenue is forecast to grow 49% p.a. on average during the next 2 years, compared to a 17% growth forecast for the Electronic industry in China.
Valuation Update With 7 Day Price Move • Apr 08Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to CN¥37.07, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 22x in the Electronic industry in China. Total loss to shareholders of 32% over the past year.
New Risk • Apr 04New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Chinese stocks, typically moving 12% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (12% average weekly change). High level of non-cash earnings (41% accrual ratio). Minor Risk Paying a dividend despite having no free cash flows.
공시 • Mar 30WCON Electronics (Guangdong) Co., Ltd. to Report Q1, 2024 Results on Apr 25, 2024WCON Electronics (Guangdong) Co., Ltd. announced that they will report Q1, 2024 results on Apr 25, 2024
Valuation Update With 7 Day Price Move • Mar 20Investor sentiment improves as stock rises 15%After last week's 15% share price gain to CN¥46.45, the stock trades at a forward P/E ratio of 25x. Average forward P/E is 23x in the Electronic industry in China. Total loss to shareholders of 16% over the past year.
Valuation Update With 7 Day Price Move • Feb 06Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to CN¥30.02, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 16x in the Electronic industry in China.
Valuation Update With 7 Day Price Move • Jan 22Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to CN¥37.87, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 20x in the Electronic industry in China.
공시 • Dec 30WCON Electronics (Guangdong) Co., Ltd. to Report Fiscal Year 2023 Results on Apr 25, 2024WCON Electronics (Guangdong) Co., Ltd. announced that they will report fiscal year 2023 results on Apr 25, 2024
Valuation Update With 7 Day Price Move • Nov 30Investor sentiment improves as stock rises 15%After last week's 15% share price gain to CN¥60.20, the stock trades at a forward P/E ratio of 30x. Average forward P/E is 23x in the Electronic industry in China.
New Risk • Nov 29New 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 High level of non-cash earnings (41% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (6.3% average weekly change).
Valuation Update With 7 Day Price Move • Nov 09Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CN¥51.28, the stock trades at a forward P/E ratio of 26x. Average forward P/E is 22x in the Electronic industry in China.
Reported Earnings • Oct 29Third quarter 2023 earnings released: EPS: CN¥0.24 (vs CN¥0.39 in 3Q 2022)Third quarter 2023 results: EPS: CN¥0.24 (down from CN¥0.39 in 3Q 2022). Revenue: CN¥125.0m (down 7.4% from 3Q 2022). Net income: CN¥26.8m (down 17% from 3Q 2022). Profit margin: 21% (down from 24% in 3Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 42% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Electronic industry in China.
Reported Earnings • Aug 25Second quarter 2023 earnings releasedSecond quarter 2023 results: EPS: CN¥0.25. Net income: CN¥27.0m (up CN¥27.0m from 2Q 2022). Revenue is forecast to grow 39% p.a. on average during the next 3 years, compared to a 19% growth forecast for the Electronic industry in China.
Valuation Update With 7 Day Price Move • Jul 21Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to CN¥50.12, the stock trades at a forward P/E ratio of 28x. Average forward P/E is 24x in the Electronic industry in China.
New Risk • Jul 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 6.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (49% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (6.9% average weekly change).
공시 • Jul 01WCON Electronics (Guangdong) Co., Ltd. to Report First Half, 2023 Results on Aug 25, 2023WCON Electronics (Guangdong) Co., Ltd. announced that they will report first half, 2023 results on Aug 25, 2023
공시 • May 06WCON Electronics (Guangdong) Co., Ltd. Approves Cash Dividend for 2022WCON Electronics (Guangdong) Co., Ltd. at its Annual General Meeting of 2022 held on 04 May 2023, approved cash dividend/10 shares (tax included): CNY 5.00000000.
Board Change • Mar 14High 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. 1 experienced director. No highly experienced directors. Chairman of the Board & General Manager Wenhua Li is the most experienced director on the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.