View ValuationHengtong Optic-Electric 향후 성장Future 기준 점검 3/6Hengtong Optic-Electric (는) 각각 연간 32.6% 및 13.4% 수익과 수익이 증가할 것으로 예상됩니다. EPS는 연간 32.4% 만큼 성장할 것으로 예상됩니다. 자기자본이익률은 3년 후 19.9% 로 예상됩니다.핵심 정보32.6%이익 성장률32.41%EPS 성장률Communications 이익 성장46.8%매출 성장률13.4%향후 자기자본이익률19.95%애널리스트 커버리지Low마지막 업데이트31 Jul 2026최근 향후 성장 업데이트업데이트 없음모든 업데이트 보기Recent updatesValuation Update With 7 Day Price Move • Aug 06Investor sentiment improves as stock rises 19%After last week's 19% share price gain to CN¥56.15, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 47x in the Communications industry in China. Total returns to shareholders of 294% over the past three years.Valuation Update With 7 Day Price Move • Jul 18Investor sentiment deteriorates as stock falls 25%After last week's 25% share price decline to CN¥58.39, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 46x in the Communications industry in China. Total returns to shareholders of 301% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥27.95 per share.Valuation Update With 7 Day Price Move • Jul 02Investor sentiment deteriorates as stock falls 24%After last week's 24% share price decline to CN¥93.84, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 60x in the Communications industry in China. Total returns to shareholders of 561% over the past three years.공고 • Jun 30Hengtong Optic-Electric Co., Ltd. to Report First Half, 2026 Results on Aug 27, 2026Hengtong Optic-Electric Co., Ltd. announced that they will report first half, 2026 results on Aug 27, 2026Declared Dividend • Jun 25Dividend increased to CN¥0.28Dividend of CN¥0.28 is 20% higher than last year. Ex-date: 29th June 2026 Payment date: 29th June 2026 Dividend yield will be 0.2%, which is lower than the industry average of 1.2%. Sustainability & Growth Dividend is covered by earnings (21% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 23% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 181% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Valuation Update With 7 Day Price Move • Jun 02Investor sentiment improves as stock rises 20%After last week's 20% share price gain to CN¥83.12, the stock trades at a forward P/E ratio of 30x. Average forward P/E is 63x in the Communications industry in China. Total returns to shareholders of 493% over the past three years.Board Change • May 20Less than half of directors are independentFollowing the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 6 non-independent directors. Independent Director Xiao Min Ren was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.공고 • Apr 25Hengtong Optic-Electric Co., Ltd., Annual General Meeting, May 22, 2026Hengtong Optic-Electric Co., Ltd., Annual General Meeting, May 22, 2026, at 14:00 China Standard Time. Location: No. 2288, Zhongshan North Road, Wujiang District, Suzhou, Jiangsu China공고 • Mar 30Hengtong Optic-Electric Co., Ltd. to Report Q1, 2026 Results on Apr 25, 2026Hengtong Optic-Electric Co., Ltd. announced that they will report Q1, 2026 results on Apr 25, 2026공고 • Dec 26Hengtong Optic-Electric Co., Ltd. to Report Fiscal Year 2025 Results on Apr 25, 2026Hengtong Optic-Electric Co., Ltd. announced that they will report fiscal year 2025 results on Apr 25, 2026공고 • Sep 30Hengtong Optic-Electric Co., Ltd. to Report Q3, 2025 Results on Oct 28, 2025Hengtong Optic-Electric Co., Ltd. announced that they will report Q3, 2025 results on Oct 28, 2025공고 • Jun 30Hengtong Optic-Electric Co., Ltd. to Report First Half, 2025 Results on Aug 26, 2025Hengtong Optic-Electric Co., Ltd. announced that they will report first half, 2025 results on Aug 26, 2025공고 • Apr 25Hengtong Optic-Electric Co., Ltd., Annual General Meeting, May 20, 2025Hengtong Optic-Electric Co., Ltd., Annual General Meeting, May 20, 2025, at 14:00 China Standard Time. Location: No. 2288, Zhongshan North Road, Wujiang District, Suzhou, Jiangsu China공고 • Mar 28Hengtong Optic-Electric Co., Ltd. to Report Q1, 2025 Results on Apr 25, 2025Hengtong Optic-Electric Co., Ltd. announced that they will report Q1, 2025 results on Apr 25, 2025공고 • Dec 27Hengtong Optic-Electric Co., Ltd. to Report Fiscal Year 2024 Results on Apr 25, 2025Hengtong Optic-Electric Co., Ltd. announced that they will report fiscal year 2024 results on Apr 25, 2025Reported Earnings • Oct 29Third quarter 2024 earnings released: EPS: CN¥0.29 (vs CN¥0.22 in 3Q 2023)Third quarter 2024 results: EPS: CN¥0.29 (up from CN¥0.22 in 3Q 2023). Revenue: CN¥15.8b (up 32% from 3Q 2023). Net income: CN¥705.5m (up 27% from 3Q 2023). Profit margin: 4.5% (down from 4.6% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 22% growth forecast for the Communications industry in China. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Sep 30Investor sentiment improves as stock rises 17%After last week's 17% share price gain to CN¥16.91, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 24x in the Communications industry in China. Total returns to shareholders of 25% over the past three years.공고 • Sep 30Hengtong Optic-Electric Co., Ltd. to Report Q3, 2024 Results on Oct 29, 2024Hengtong Optic-Electric Co., Ltd. announced that they will report Q3, 2024 results on Oct 29, 2024Reported Earnings • Aug 29Second quarter 2024 earnings released: EPS: CN¥0.44 (vs CN¥0.35 in 2Q 2023)Second quarter 2024 results: EPS: CN¥0.44 (up from CN¥0.35 in 2Q 2023). Revenue: CN¥14.8b (up 21% from 2Q 2023). Net income: CN¥1.10b (up 28% from 2Q 2023). Profit margin: 7.4% (up from 6.9% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 21% growth forecast for the Communications industry in China. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.Declared Dividend • Jul 12Dividend of CN¥0.15 announcedShareholders will receive a dividend of CN¥0.15. Ex-date: 16th July 2024 Payment date: 16th July 2024 Dividend yield will be 0.9%, which is lower than the industry average of 1.2%. Sustainability & Growth Dividend is covered by both earnings (16% earnings payout ratio) and cash flows (66% cash payout ratio). The dividend has increased by an average of 19% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 72% over the next 3 years, which should provide support to the dividend and adequate earnings cover.공고 • Jun 28Hengtong Optic-Electric Co., Ltd. to Report First Half, 2024 Results on Aug 29, 2024Hengtong Optic-Electric Co., Ltd. announced that they will report first half, 2024 results on Aug 29, 2024Reported Earnings • Apr 27First quarter 2024 earnings released: EPS: CN¥0.21 (vs CN¥0.16 in 1Q 2023)First quarter 2024 results: EPS: CN¥0.21 (up from CN¥0.16 in 1Q 2023). Revenue: CN¥11.8b (up 8.4% from 1Q 2023). Net income: CN¥513.1m (up 30% from 1Q 2023). Profit margin: 4.4% (up from 3.6% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 15% p.a. on average during the next 2 years, compared to a 22% growth forecast for the Communications industry in China. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.공고 • Apr 27Hengtong Optic-Electric Co., Ltd., Annual General Meeting, May 17, 2024Hengtong Optic-Electric Co., Ltd., Annual General Meeting, May 17, 2024, at 14:00 China Standard Time. Location: No. 2288, Zhongshan North Road, Wujiang District, Suzhou, Jiangsu China공고 • Mar 30Hengtong Optic-Electric Co., Ltd. to Report Q1, 2024 Results on Apr 26, 2024Hengtong Optic-Electric Co., Ltd. announced that they will report Q1, 2024 results on Apr 26, 2024공고 • Jan 17Hengtong Optic-Electric Co., Ltd. (SHSE:600487) announces an Equity Buyback for CNY 200 million worth of its shares.Hengtong Optic-Electric Co., Ltd. (SHSE:600487) announces a share repurchase program. Under the program, the company will repurchase up to CNY 200 million worth of its A shares. The shares will be repurchased at a price not more than CNY 17.64 per share. The repurchased shares will be used for employees’ shareholding program. The program will be valid for a period of 12 months.공고 • Dec 29Hengtong Optic-Electric Co., Ltd. to Report Fiscal Year 2023 Results on Apr 26, 2024Hengtong Optic-Electric Co., Ltd. announced that they will report fiscal year 2023 results on Apr 26, 2024Reported Earnings • Nov 02Third quarter 2023 earnings released: EPS: CN¥0.22 (vs CN¥0.24 in 3Q 2022)Third quarter 2023 results: EPS: CN¥0.22 (down from CN¥0.24 in 3Q 2022). Revenue: CN¥11.9b (down 5.0% from 3Q 2022). Net income: CN¥554.4m (flat on 3Q 2022). Profit margin: 4.6% (up from 4.5% in 3Q 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 24% growth forecast for the Communications industry in China. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings.공고 • Oct 25Hengtong Optic-Electric Co., Ltd. (SHSE:600487) announces an Equity Buyback for CNY 100 million worth of its shares.Hengtong Optic-Electric Co., Ltd. (SHSE:600487) announces a share repurchase program. Under the program, the company will repurchase up to CNY 100 million worth of its shares. The program will be valid for 12 months.공고 • Sep 30Hengtong Optic-Electric Co., Ltd. to Report Q3, 2023 Results on Oct 31, 2023Hengtong Optic-Electric Co., Ltd. announced that they will report Q3, 2023 results on Oct 31, 2023Reported Earnings • Aug 25Second quarter 2023 earnings released: EPS: CN¥0.35 (vs CN¥0.22 in 2Q 2022)Second quarter 2023 results: EPS: CN¥0.35 (up from CN¥0.22 in 2Q 2022). Revenue: CN¥12.3b (down 3.5% from 2Q 2022). Net income: CN¥854.4m (up 66% from 2Q 2022). Profit margin: 6.9% (up from 4.0% in 2Q 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Communications industry in China. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings.Reported Earnings • Apr 26Full year 2022 earnings released: EPS: CN¥0.67 (vs CN¥0.61 in FY 2021)Full year 2022 results: EPS: CN¥0.67 (up from CN¥0.61 in FY 2021). Revenue: CN¥46.5b (up 13% from FY 2021). Net income: CN¥1.58b (up 10% from FY 2021). Profit margin: 3.4% (down from 3.5% in FY 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 14% p.a. on average during the next 2 years, compared to a 18% growth forecast for the Communications industry in China. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.공고 • Feb 02+ 2 more updatesHengtong Optic-Electric Co., Ltd. (SHSE:600487) agreed to acquire a 10.87% stake in Jiangsu Hengtong Photoconductive New Material Co., Ltd from BOC Financial Asset Investment Co., Ltd.Hengtong Optic-Electric Co., Ltd. (SHSE:600487) agreed to acquire a 10.87% stake in Jiangsu Hengtong Photoconductive New Material Co., Ltd from BOC Financial Asset Investment Co., Ltd. for CNY 760 million on January 13, 2023. For the period September 30, 2022, Jiangsu Hengtong Photoconductive had CNY 6183.106 of total assets and CNY 5722.89 million of Net assets.Hengtong Optic-Electric Co., Ltd. (SHSE:600487) agreed to acquire a 10.87% stake in Jiangsu Hengtong Photoconductive New Material Co., Ltd from BOC Financial Asset Investment Co., Ltd. on January 30, 2023.Board Change • Nov 16Less than half of directors are independentThere are 9 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 9 new directors. 2 experienced directors. 1 highly experienced director. 2 independent directors (7 non-independent directors). Chairman of Supervisory Board Weixing Xu is the most experienced director on the board, commencing their role in 2009. Independent Director Junhui Yang was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors.Reported Earnings • Oct 30Third quarter 2022 earnings released: EPS: CN¥0.24 (vs CN¥0.27 in 3Q 2021)Third quarter 2022 results: EPS: CN¥0.24 (down from CN¥0.27 in 3Q 2021). Revenue: CN¥12.5b (up 6.7% from 3Q 2021). Net income: CN¥559.5m (down 13% from 3Q 2021). Profit margin: 4.5% (down from 5.5% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Communications industry in China. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings.Board Change • Apr 27Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 12 experienced directors. No highly experienced directors. 4 independent directors (8 non-independent directors). Chairman Jianlin Qian was the last director to join the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Reported Earnings • Oct 28Third quarter 2021 earnings released: EPS CN¥0.27 (vs CN¥0.22 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: CN¥11.8b (up 19% from 3Q 2020). Net income: CN¥644.6m (up 50% from 3Q 2020). Profit margin: 5.5% (up from 4.4% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 35% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings.Reported Earnings • Aug 24Second quarter 2021 earnings released: EPS CN¥0.17 (vs CN¥0.11 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CN¥11.1b (up 16% from 2Q 2020). Net income: CN¥406.9m (up 94% from 2Q 2020). Profit margin: 3.7% (up from 2.2% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 38% per year but the company’s share price has only fallen by 20% per year, which means it has not declined as severely as earnings.Reported Earnings • Apr 30First quarter 2021 earnings released: EPS CN¥0.11 (vs CN¥0.12 in 1Q 2020)The company reported a solid first quarter result with improved earnings and revenues, although profit margins were weaker. First quarter 2021 results: Revenue: CN¥6.97b (up 17% from 1Q 2020). Net income: CN¥264.1m (up 13% from 1Q 2020). Profit margin: 3.8% (down from 3.9% in 1Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 37% per year but the company’s share price has only fallen by 21% per year, which means it has not declined as severely as earnings.Is New 90 Day High Low • Jan 22New 90-day low: CN¥13.41The company is down 12% from its price of CN¥15.21 on 23 October 2020. The Chinese market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Communications industry, which is down 5.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥1.75 per share.Is New 90 Day High Low • Dec 12New 90-day low: CN¥14.10The company is down 5.0% from its price of CN¥14.91 on 11 September 2020. The Chinese market is up 2.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Communications industry, which is down 7.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥1.55 per share.Analyst Estimate Surprise Post Earnings • Nov 03Revenue misses expectationsRevenue missed analyst estimates by 0.8%. Over the next year, revenue is forecast to grow 17%, compared to a 29% growth forecast for the Communications industry in China.Reported Earnings • Nov 03Third quarter 2020 earnings released: EPS CN¥0.22The company reported a soft third quarter result with weaker earnings and profit margins, although revenues were improved. Third quarter 2020 results: Revenue: CN¥9.89b (up 7.7% from 3Q 2019). Net income: CN¥430.6m (down 5.7% from 3Q 2019). Profit margin: 4.4% (down from 5.0% in 3Q 2019). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has only fallen by 19% per year, which means it has not declined as severely as earnings.Is New 90 Day High Low • Sep 26New 90-day low: CN¥14.67The company is down 11% from its price of CN¥16.56 on 24 June 2020. The Chinese market is up 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Communications 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¥1.61 per share.이익 및 매출 성장 예측XSSC:600487 - 애널리스트 향후 추정치 및 과거 재무 데이터 (CNY Millions)날짜매출이익자유현금흐름영업현금흐름평균 애널리스트 수12/31/2028103,9189,828-32211,285312/31/202794,1278,8564,0328,473412/31/202682,6226,9912,4783,44143/31/202671,3773,229-5402,537N/A12/31/202566,8552,680-302,808N/A9/30/202567,2052,8301,2873,315N/A6/30/202565,4182,7731,1073,264N/A3/31/202561,4672,8138383,166N/A12/31/202459,9842,7691,2283,262N/A9/30/202454,9202,665-3381,821N/A6/30/202451,0592,5135302,684N/A3/31/202448,5402,2725472,304N/A12/31/202347,6222,154-2481,857N/A9/30/202346,9131,971-1,913766N/A6/30/202347,5351,976-1,914696N/A3/31/202347,9791,637-1,687979N/A12/31/202246,4641,586-1,788855N/A9/30/202246,1121,540-1,5071,428N/A6/30/202245,3201,625-1,8411,046N/A3/31/202243,6491,516-1,0761,900N/A12/31/202141,2711,436-1,3301,376N/A9/30/202136,8321,504521,770N/A6/30/202134,9711,2904291,539N/A3/31/202133,4121,0924201,764N/A12/31/202032,3841,062941,612N/A9/30/202032,5241,0493652,962N/A6/30/202031,8181,075-7702,420N/A3/31/202030,9071,139-2,685974N/A12/31/201931,7601,362N/A1,517N/A9/30/201934,3601,612N/A414N/A6/30/201934,0062,090N/A637N/A3/31/201934,3372,507N/A2,103N/A12/31/201833,8662,532N/A1,853N/A9/30/201831,0352,541N/A2,114N/A6/30/201829,8102,509N/A1,091N/A3/31/201827,7022,309N/A339N/A12/31/201725,9522,105N/A288N/A9/30/201724,8701,940N/A1,070N/A6/30/201722,6651,701N/A1,747N/A3/31/201720,5531,479N/A2,242N/A12/31/201619,3011,316N/A2,579N/A9/30/201617,2951,218N/A1,179N/A6/30/201616,196815N/A1,236N/A3/31/201614,951637N/A805N/A12/31/201513,565573N/A1,157N/A9/30/201513,081497N/A108N/A더 보기애널리스트 향후 성장 전망수입 대 저축률: 600487 의 연간 예상 수익 증가율(32.6%)이 saving rate(2.4%)보다 높습니다.수익 vs 시장: 600487 의 연간 수익(32.6%)이 CN 시장(26.3%)보다 빠르게 성장할 것으로 예상됩니다.고성장 수익: 600487 의 수입은 향후 3년 동안 상당히 증가할 것으로 예상됩니다.수익 대 시장: 600487 의 수익(연간 13.4%)이 CN 시장(연간 16.4%)보다 느리게 성장할 것으로 예상됩니다.고성장 매출: 600487 의 수익(연간 13.4%)은 연간 20%보다 느리게 증가할 것으로 예상됩니다.주당순이익 성장 예측향후 자기자본이익률미래 ROE: 600487의 자본 수익률은 3년 후 19.9%로 낮을 것으로 예상됩니다.성장 기업 찾아보기7D1Y7D1Y7D1YTech 산업의 고성장 기업.View Past Performance기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/08/11 13:56종가2026/08/11 00:00수익2026/03/31연간 수익2025/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델의 세부 정보는 당사의 GitHub 페이지에서 확인하실 수 있습니다. 또한 보고서 사용 방법에 대한 가이드와 YouTube 튜토리얼도 제공하고 있습니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Hengtong Optic-Electric Co., Ltd.는 15명의 분석가가 다루고 있습니다. 이 중 4명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Liangbi ZhaoChina Galaxy Securities Co., Ltd.Shiwen LiChina International Capital Corporation LimitedYayuan HuangCitic Securities Co., Ltd.12명의 분석가 더 보기
Valuation Update With 7 Day Price Move • Aug 06Investor sentiment improves as stock rises 19%After last week's 19% share price gain to CN¥56.15, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 47x in the Communications industry in China. Total returns to shareholders of 294% over the past three years.
Valuation Update With 7 Day Price Move • Jul 18Investor sentiment deteriorates as stock falls 25%After last week's 25% share price decline to CN¥58.39, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 46x in the Communications industry in China. Total returns to shareholders of 301% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥27.95 per share.
Valuation Update With 7 Day Price Move • Jul 02Investor sentiment deteriorates as stock falls 24%After last week's 24% share price decline to CN¥93.84, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 60x in the Communications industry in China. Total returns to shareholders of 561% over the past three years.
공고 • Jun 30Hengtong Optic-Electric Co., Ltd. to Report First Half, 2026 Results on Aug 27, 2026Hengtong Optic-Electric Co., Ltd. announced that they will report first half, 2026 results on Aug 27, 2026
Declared Dividend • Jun 25Dividend increased to CN¥0.28Dividend of CN¥0.28 is 20% higher than last year. Ex-date: 29th June 2026 Payment date: 29th June 2026 Dividend yield will be 0.2%, which is lower than the industry average of 1.2%. Sustainability & Growth Dividend is covered by earnings (21% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 23% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 181% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Valuation Update With 7 Day Price Move • Jun 02Investor sentiment improves as stock rises 20%After last week's 20% share price gain to CN¥83.12, the stock trades at a forward P/E ratio of 30x. Average forward P/E is 63x in the Communications industry in China. Total returns to shareholders of 493% over the past three years.
Board Change • May 20Less than half of directors are independentFollowing the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 6 non-independent directors. Independent Director Xiao Min Ren was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
공고 • Apr 25Hengtong Optic-Electric Co., Ltd., Annual General Meeting, May 22, 2026Hengtong Optic-Electric Co., Ltd., Annual General Meeting, May 22, 2026, at 14:00 China Standard Time. Location: No. 2288, Zhongshan North Road, Wujiang District, Suzhou, Jiangsu China
공고 • Mar 30Hengtong Optic-Electric Co., Ltd. to Report Q1, 2026 Results on Apr 25, 2026Hengtong Optic-Electric Co., Ltd. announced that they will report Q1, 2026 results on Apr 25, 2026
공고 • Dec 26Hengtong Optic-Electric Co., Ltd. to Report Fiscal Year 2025 Results on Apr 25, 2026Hengtong Optic-Electric Co., Ltd. announced that they will report fiscal year 2025 results on Apr 25, 2026
공고 • Sep 30Hengtong Optic-Electric Co., Ltd. to Report Q3, 2025 Results on Oct 28, 2025Hengtong Optic-Electric Co., Ltd. announced that they will report Q3, 2025 results on Oct 28, 2025
공고 • Jun 30Hengtong Optic-Electric Co., Ltd. to Report First Half, 2025 Results on Aug 26, 2025Hengtong Optic-Electric Co., Ltd. announced that they will report first half, 2025 results on Aug 26, 2025
공고 • Apr 25Hengtong Optic-Electric Co., Ltd., Annual General Meeting, May 20, 2025Hengtong Optic-Electric Co., Ltd., Annual General Meeting, May 20, 2025, at 14:00 China Standard Time. Location: No. 2288, Zhongshan North Road, Wujiang District, Suzhou, Jiangsu China
공고 • Mar 28Hengtong Optic-Electric Co., Ltd. to Report Q1, 2025 Results on Apr 25, 2025Hengtong Optic-Electric Co., Ltd. announced that they will report Q1, 2025 results on Apr 25, 2025
공고 • Dec 27Hengtong Optic-Electric Co., Ltd. to Report Fiscal Year 2024 Results on Apr 25, 2025Hengtong Optic-Electric Co., Ltd. announced that they will report fiscal year 2024 results on Apr 25, 2025
Reported Earnings • Oct 29Third quarter 2024 earnings released: EPS: CN¥0.29 (vs CN¥0.22 in 3Q 2023)Third quarter 2024 results: EPS: CN¥0.29 (up from CN¥0.22 in 3Q 2023). Revenue: CN¥15.8b (up 32% from 3Q 2023). Net income: CN¥705.5m (up 27% from 3Q 2023). Profit margin: 4.5% (down from 4.6% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 22% growth forecast for the Communications industry in China. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Sep 30Investor sentiment improves as stock rises 17%After last week's 17% share price gain to CN¥16.91, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 24x in the Communications industry in China. Total returns to shareholders of 25% over the past three years.
공고 • Sep 30Hengtong Optic-Electric Co., Ltd. to Report Q3, 2024 Results on Oct 29, 2024Hengtong Optic-Electric Co., Ltd. announced that they will report Q3, 2024 results on Oct 29, 2024
Reported Earnings • Aug 29Second quarter 2024 earnings released: EPS: CN¥0.44 (vs CN¥0.35 in 2Q 2023)Second quarter 2024 results: EPS: CN¥0.44 (up from CN¥0.35 in 2Q 2023). Revenue: CN¥14.8b (up 21% from 2Q 2023). Net income: CN¥1.10b (up 28% from 2Q 2023). Profit margin: 7.4% (up from 6.9% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 21% growth forecast for the Communications industry in China. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.
Declared Dividend • Jul 12Dividend of CN¥0.15 announcedShareholders will receive a dividend of CN¥0.15. Ex-date: 16th July 2024 Payment date: 16th July 2024 Dividend yield will be 0.9%, which is lower than the industry average of 1.2%. Sustainability & Growth Dividend is covered by both earnings (16% earnings payout ratio) and cash flows (66% cash payout ratio). The dividend has increased by an average of 19% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 72% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
공고 • Jun 28Hengtong Optic-Electric Co., Ltd. to Report First Half, 2024 Results on Aug 29, 2024Hengtong Optic-Electric Co., Ltd. announced that they will report first half, 2024 results on Aug 29, 2024
Reported Earnings • Apr 27First quarter 2024 earnings released: EPS: CN¥0.21 (vs CN¥0.16 in 1Q 2023)First quarter 2024 results: EPS: CN¥0.21 (up from CN¥0.16 in 1Q 2023). Revenue: CN¥11.8b (up 8.4% from 1Q 2023). Net income: CN¥513.1m (up 30% from 1Q 2023). Profit margin: 4.4% (up from 3.6% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 15% p.a. on average during the next 2 years, compared to a 22% growth forecast for the Communications industry in China. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.
공고 • Apr 27Hengtong Optic-Electric Co., Ltd., Annual General Meeting, May 17, 2024Hengtong Optic-Electric Co., Ltd., Annual General Meeting, May 17, 2024, at 14:00 China Standard Time. Location: No. 2288, Zhongshan North Road, Wujiang District, Suzhou, Jiangsu China
공고 • Mar 30Hengtong Optic-Electric Co., Ltd. to Report Q1, 2024 Results on Apr 26, 2024Hengtong Optic-Electric Co., Ltd. announced that they will report Q1, 2024 results on Apr 26, 2024
공고 • Jan 17Hengtong Optic-Electric Co., Ltd. (SHSE:600487) announces an Equity Buyback for CNY 200 million worth of its shares.Hengtong Optic-Electric Co., Ltd. (SHSE:600487) announces a share repurchase program. Under the program, the company will repurchase up to CNY 200 million worth of its A shares. The shares will be repurchased at a price not more than CNY 17.64 per share. The repurchased shares will be used for employees’ shareholding program. The program will be valid for a period of 12 months.
공고 • Dec 29Hengtong Optic-Electric Co., Ltd. to Report Fiscal Year 2023 Results on Apr 26, 2024Hengtong Optic-Electric Co., Ltd. announced that they will report fiscal year 2023 results on Apr 26, 2024
Reported Earnings • Nov 02Third quarter 2023 earnings released: EPS: CN¥0.22 (vs CN¥0.24 in 3Q 2022)Third quarter 2023 results: EPS: CN¥0.22 (down from CN¥0.24 in 3Q 2022). Revenue: CN¥11.9b (down 5.0% from 3Q 2022). Net income: CN¥554.4m (flat on 3Q 2022). Profit margin: 4.6% (up from 4.5% in 3Q 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 24% growth forecast for the Communications industry in China. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings.
공고 • Oct 25Hengtong Optic-Electric Co., Ltd. (SHSE:600487) announces an Equity Buyback for CNY 100 million worth of its shares.Hengtong Optic-Electric Co., Ltd. (SHSE:600487) announces a share repurchase program. Under the program, the company will repurchase up to CNY 100 million worth of its shares. The program will be valid for 12 months.
공고 • Sep 30Hengtong Optic-Electric Co., Ltd. to Report Q3, 2023 Results on Oct 31, 2023Hengtong Optic-Electric Co., Ltd. announced that they will report Q3, 2023 results on Oct 31, 2023
Reported Earnings • Aug 25Second quarter 2023 earnings released: EPS: CN¥0.35 (vs CN¥0.22 in 2Q 2022)Second quarter 2023 results: EPS: CN¥0.35 (up from CN¥0.22 in 2Q 2022). Revenue: CN¥12.3b (down 3.5% from 2Q 2022). Net income: CN¥854.4m (up 66% from 2Q 2022). Profit margin: 6.9% (up from 4.0% in 2Q 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Communications industry in China. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings.
Reported Earnings • Apr 26Full year 2022 earnings released: EPS: CN¥0.67 (vs CN¥0.61 in FY 2021)Full year 2022 results: EPS: CN¥0.67 (up from CN¥0.61 in FY 2021). Revenue: CN¥46.5b (up 13% from FY 2021). Net income: CN¥1.58b (up 10% from FY 2021). Profit margin: 3.4% (down from 3.5% in FY 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 14% p.a. on average during the next 2 years, compared to a 18% growth forecast for the Communications industry in China. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.
공고 • Feb 02+ 2 more updatesHengtong Optic-Electric Co., Ltd. (SHSE:600487) agreed to acquire a 10.87% stake in Jiangsu Hengtong Photoconductive New Material Co., Ltd from BOC Financial Asset Investment Co., Ltd.Hengtong Optic-Electric Co., Ltd. (SHSE:600487) agreed to acquire a 10.87% stake in Jiangsu Hengtong Photoconductive New Material Co., Ltd from BOC Financial Asset Investment Co., Ltd. for CNY 760 million on January 13, 2023. For the period September 30, 2022, Jiangsu Hengtong Photoconductive had CNY 6183.106 of total assets and CNY 5722.89 million of Net assets.Hengtong Optic-Electric Co., Ltd. (SHSE:600487) agreed to acquire a 10.87% stake in Jiangsu Hengtong Photoconductive New Material Co., Ltd from BOC Financial Asset Investment Co., Ltd. on January 30, 2023.
Board Change • Nov 16Less than half of directors are independentThere are 9 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 9 new directors. 2 experienced directors. 1 highly experienced director. 2 independent directors (7 non-independent directors). Chairman of Supervisory Board Weixing Xu is the most experienced director on the board, commencing their role in 2009. Independent Director Junhui Yang was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors.
Reported Earnings • Oct 30Third quarter 2022 earnings released: EPS: CN¥0.24 (vs CN¥0.27 in 3Q 2021)Third quarter 2022 results: EPS: CN¥0.24 (down from CN¥0.27 in 3Q 2021). Revenue: CN¥12.5b (up 6.7% from 3Q 2021). Net income: CN¥559.5m (down 13% from 3Q 2021). Profit margin: 4.5% (down from 5.5% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Communications industry in China. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings.
Board Change • Apr 27Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 12 experienced directors. No highly experienced directors. 4 independent directors (8 non-independent directors). Chairman Jianlin Qian was the last director to join the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Reported Earnings • Oct 28Third quarter 2021 earnings released: EPS CN¥0.27 (vs CN¥0.22 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: CN¥11.8b (up 19% from 3Q 2020). Net income: CN¥644.6m (up 50% from 3Q 2020). Profit margin: 5.5% (up from 4.4% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 35% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings.
Reported Earnings • Aug 24Second quarter 2021 earnings released: EPS CN¥0.17 (vs CN¥0.11 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CN¥11.1b (up 16% from 2Q 2020). Net income: CN¥406.9m (up 94% from 2Q 2020). Profit margin: 3.7% (up from 2.2% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 38% per year but the company’s share price has only fallen by 20% per year, which means it has not declined as severely as earnings.
Reported Earnings • Apr 30First quarter 2021 earnings released: EPS CN¥0.11 (vs CN¥0.12 in 1Q 2020)The company reported a solid first quarter result with improved earnings and revenues, although profit margins were weaker. First quarter 2021 results: Revenue: CN¥6.97b (up 17% from 1Q 2020). Net income: CN¥264.1m (up 13% from 1Q 2020). Profit margin: 3.8% (down from 3.9% in 1Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 37% per year but the company’s share price has only fallen by 21% per year, which means it has not declined as severely as earnings.
Is New 90 Day High Low • Jan 22New 90-day low: CN¥13.41The company is down 12% from its price of CN¥15.21 on 23 October 2020. The Chinese market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Communications industry, which is down 5.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥1.75 per share.
Is New 90 Day High Low • Dec 12New 90-day low: CN¥14.10The company is down 5.0% from its price of CN¥14.91 on 11 September 2020. The Chinese market is up 2.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Communications industry, which is down 7.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥1.55 per share.
Analyst Estimate Surprise Post Earnings • Nov 03Revenue misses expectationsRevenue missed analyst estimates by 0.8%. Over the next year, revenue is forecast to grow 17%, compared to a 29% growth forecast for the Communications industry in China.
Reported Earnings • Nov 03Third quarter 2020 earnings released: EPS CN¥0.22The company reported a soft third quarter result with weaker earnings and profit margins, although revenues were improved. Third quarter 2020 results: Revenue: CN¥9.89b (up 7.7% from 3Q 2019). Net income: CN¥430.6m (down 5.7% from 3Q 2019). Profit margin: 4.4% (down from 5.0% in 3Q 2019). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has only fallen by 19% per year, which means it has not declined as severely as earnings.
Is New 90 Day High Low • Sep 26New 90-day low: CN¥14.67The company is down 11% from its price of CN¥16.56 on 24 June 2020. The Chinese market is up 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Communications 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¥1.61 per share.