View Future GrowthSun Create Electronics 과거 순이익 실적과거 기준 점검 0/6Sun Create Electronics 의 수입은 연평균 -56.2%의 비율로 감소해 온 반면, Communications 산업은 연평균 3.9%의 비율로 증가했습니다. 매출은 연평균 21.3%의 비율로 감소해 왔습니다.핵심 정보-56.22%순이익 성장률-58.65%주당순이익(EPS) 성장률Communications 산업 성장률12.75%매출 성장률-21.34%자기자본이익률-20.49%순이익률-19.98%다음 순이익 업데이트21 May 2026최근 과거 실적 업데이트공지 • Mar 30Sun Create Electronics Co., Ltd to Report Q1, 2026 Results on Apr 29, 2026Sun Create Electronics Co., Ltd announced that they will report Q1, 2026 results on Apr 29, 2026공지 • Dec 26Sun Create Electronics Co., Ltd to Report Fiscal Year 2025 Results on Apr 23, 2026Sun Create Electronics Co., Ltd announced that they will report fiscal year 2025 results on Apr 23, 2026공지 • Sep 30Sun Create Electronics Co., Ltd to Report Q3, 2025 Results on Oct 29, 2025Sun Create Electronics Co., Ltd announced that they will report Q3, 2025 results on Oct 29, 2025공지 • Jun 30Sun Create Electronics Co., Ltd to Report First Half, 2025 Results on Aug 30, 2025Sun Create Electronics Co., Ltd announced that they will report first half, 2025 results on Aug 30, 2025공지 • Mar 28Sun Create Electronics Co., Ltd to Report Q1, 2025 Results on Apr 30, 2025Sun Create Electronics Co., Ltd announced that they will report Q1, 2025 results on Apr 30, 2025공지 • Dec 27Sun Create Electronics Co., Ltd to Report Fiscal Year 2024 Results on Apr 30, 2025Sun Create Electronics Co., Ltd announced that they will report fiscal year 2024 results on Apr 30, 2025모든 업데이트 보기Recent updates공지 • Apr 23Sun Create Electronics Co., Ltd, Annual General Meeting, May 28, 2026Sun Create Electronics Co., Ltd, Annual General Meeting, May 28, 2026, at 14:30 China Standard Time. Location: The Company's Meeting Room, Hefei, Anhui China공지 • Mar 30Sun Create Electronics Co., Ltd to Report Q1, 2026 Results on Apr 29, 2026Sun Create Electronics Co., Ltd announced that they will report Q1, 2026 results on Apr 29, 2026공지 • Dec 26Sun Create Electronics Co., Ltd to Report Fiscal Year 2025 Results on Apr 23, 2026Sun Create Electronics Co., Ltd announced that they will report fiscal year 2025 results on Apr 23, 2026공지 • Sep 30Sun Create Electronics Co., Ltd to Report Q3, 2025 Results on Oct 29, 2025Sun Create Electronics Co., Ltd announced that they will report Q3, 2025 results on Oct 29, 2025공지 • Jun 30Sun Create Electronics Co., Ltd to Report First Half, 2025 Results on Aug 30, 2025Sun Create Electronics Co., Ltd announced that they will report first half, 2025 results on Aug 30, 2025공지 • Apr 30Sun Create Electronics Co., Ltd, Annual General Meeting, May 28, 2025Sun Create Electronics Co., Ltd, Annual General Meeting, May 28, 2025, at 14:30 China Standard Time. Location: The Company's Meeting Room, Hefei, Anhui China공지 • Mar 28Sun Create Electronics Co., Ltd to Report Q1, 2025 Results on Apr 30, 2025Sun Create Electronics Co., Ltd announced that they will report Q1, 2025 results on Apr 30, 2025공지 • Dec 27Sun Create Electronics Co., Ltd to Report Fiscal Year 2024 Results on Apr 30, 2025Sun Create Electronics Co., Ltd announced that they will report fiscal year 2024 results on Apr 30, 2025Reported Earnings • Oct 30Third quarter 2024 earnings released: CN¥0.006 loss per share (vs CN¥0.17 loss in 3Q 2023)Third quarter 2024 results: CN¥0.006 loss per share (improved from CN¥0.17 loss in 3Q 2023). Revenue: CN¥451.1m (up 34% from 3Q 2023). Net loss: CN¥1.49m (loss narrowed 97% from 3Q 2023). Revenue is forecast to grow 21% 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, the company's share price growth rate has exceeded its earnings growth rate by 114 percentage points per year, which is a significant difference in performance.공지 • Sep 30Sun Create Electronics Co., Ltd to Report Q3, 2024 Results on Oct 30, 2024Sun Create Electronics Co., Ltd announced that they will report Q3, 2024 results on Oct 30, 2024공지 • Jun 28Sun Create Electronics Co., Ltd to Report First Half, 2024 Results on Aug 24, 2024Sun Create Electronics Co., Ltd announced that they will report first half, 2024 results on Aug 24, 2024Buy Or Sell Opportunity • Apr 22Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 10% to CN¥17.47. The fair value is estimated to be CN¥14.44, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 21% over the last 3 years. Meanwhile, the company became loss making.공지 • Apr 21Sun Create Electronics Co., Ltd, Annual General Meeting, May 22, 2024Sun Create Electronics Co., Ltd, Annual General Meeting, May 22, 2024, at 14:00 China Standard Time. Location: The Company's Meeting Room, Hefei, Anhui ChinaReported Earnings • Apr 20Full year 2023 earnings released: CN¥2.06 loss per share (vs CN¥0.24 profit in FY 2022)Full year 2023 results: CN¥2.06 loss per share (down from CN¥0.24 profit in FY 2022). Revenue: CN¥1.93b (down 29% from FY 2022). Net loss: CN¥553.2m (down CN¥619.3m from profit in FY 2022). Revenue is forecast to grow 30% p.a. on average during the next 2 years, compared to a 23% growth forecast for the Communications industry in China. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 65 percentage points per year, which is a significant difference in performance.공지 • Mar 29Sun Create Electronics Co., Ltd to Report Q1, 2024 Results on Apr 27, 2024Sun Create Electronics Co., Ltd announced that they will report Q1, 2024 results on Apr 27, 2024New Risk • Mar 27New 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 9.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (0.04x net interest cover). Minor Risks Share price has been volatile over the past 3 months (9.8% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.2% net profit margin).공지 • Dec 29Sun Create Electronics Co., Ltd to Report Fiscal Year 2023 Results on Apr 20, 2024Sun Create Electronics Co., Ltd announced that they will report fiscal year 2023 results on Apr 20, 2024Reported Earnings • Nov 01Third quarter 2023 earnings released: CN¥0.17 loss per share (vs CN¥0.025 loss in 3Q 2022)Third quarter 2023 results: CN¥0.17 loss per share (further deteriorated from CN¥0.025 loss in 3Q 2022). Revenue: CN¥338.0m (down 44% from 3Q 2022). Net loss: CN¥46.9m (loss widened CN¥40.4m from 3Q 2022). Revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 23% growth forecast for the Communications industry in China. Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings.New Risk • Aug 31New major risk - Financial positionThe company's interest payments are not well covered by earnings. Net interest cover: 1.4x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.4x net interest cover). Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (2.7% net profit margin).Reported Earnings • Aug 26Second quarter 2023 earnings released: EPS: CN¥0.22 (vs CN¥0.14 in 2Q 2022)Second quarter 2023 results: EPS: CN¥0.22. Revenue: CN¥528.4m (down 17% from 2Q 2022). Net income: CN¥29.2m (down 16% from 2Q 2022). Profit margin: 5.5% (in line with 2Q 2022). Revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Communications industry in China.공지 • Jun 28Sun Create Electronics Co., Ltd to Report First Half, 2023 Results on Aug 26, 2023Sun Create Electronics Co., Ltd announced that they will report first half, 2023 results on Aug 26, 2023Reported Earnings • Apr 29First quarter 2023 earnings released: CN¥0.33 loss per share (vs CN¥0.38 loss in 1Q 2022)First quarter 2023 results: CN¥0.33 loss per share (improved from CN¥0.38 loss in 1Q 2022). Revenue: CN¥210.9m (down 11% from 1Q 2022). Net loss: CN¥69.8m (loss narrowed 11% from 1Q 2022). Revenue is forecast to grow 36% p.a. on average during the next 2 years, compared to a 19% growth forecast for the Communications industry in China. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.Buying Opportunity • Apr 11Now 20% undervaluedOver the last 90 days, the stock is up 19%. The fair value is estimated to be CN¥42.85, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 6.2% over the last 3 years. Earnings per share has grown by 12%. Revenue is forecast to grow by 59% in 2 years. Earnings is forecast to grow by 100% in the next 2 years.Buying Opportunity • Mar 15Now 22% undervaluedOver the last 90 days, the stock is up 5.2%. The fair value is estimated to be CN¥43.10, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 6.2% over the last 3 years. Earnings per share has grown by 12%. Revenue is forecast to grow by 59% in 2 years. Earnings is forecast to grow by 100% in the next 2 years.Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 8 non-independent directors. Director & GM Xiaowei Ren was the last director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • Oct 30Third quarter 2022 earnings released: CN¥0.032 loss per share (vs CN¥0.11 profit in 3Q 2021)Third quarter 2022 results: CN¥0.032 loss per share (down from CN¥0.11 profit in 3Q 2021). Revenue: CN¥602.9m (down 3.6% from 3Q 2021). Net loss: CN¥6.50m (down 128% from profit in 3Q 2021). Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings.Board Change • Oct 21Less 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. 10 experienced directors. No highly experienced directors. 3 independent directors (5 non-independent directors). Director Chuncheng Zhang was the last director to join the board, commencing their role in 2019. 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 • Aug 29Second quarter 2022 earnings released: EPS: CN¥0.34 (vs CN¥0.047 loss in 2Q 2021)Second quarter 2022 results: EPS: CN¥0.34 (up from CN¥0.047 loss in 2Q 2021). Revenue: CN¥634.0m (up 27% from 2Q 2021). Net income: CN¥34.8m (up CN¥44.5m from 2Q 2021). Profit margin: 5.5% (up from net loss in 2Q 2021). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings.Board Change • Apr 27Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 10 experienced directors. No highly experienced directors. 4 independent directors (6 non-independent directors). GM & Director Chuncheng Zhang was the last director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Valuation Update With 7 Day Price Move • Nov 13Investor sentiment improved over the past weekAfter last week's 22% share price gain to CN¥59.84, the stock trades at a forward P/E ratio of 44x. Average forward P/E is 29x in the Communications industry in China. Total returns to shareholders of 58% over the past three years.Reported Earnings • Oct 31Third quarter 2021 earnings released: EPS CN¥0.14 (vs CN¥0.32 loss in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: CN¥625.3m (up 76% from 3Q 2020). Net income: CN¥23.1m (up CN¥74.4m from 3Q 2020). Profit margin: 3.7% (up from net loss in 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings.Valuation Update With 7 Day Price Move • Oct 20Investor sentiment improved over the past weekAfter last week's 19% share price gain to CN¥45.59, the stock trades at a trailing P/E ratio of 52.9x. Average trailing P/E is 50x in the Communications industry in China. Total returns to shareholders of 18% over the past three years.Reported Earnings • Aug 24Second quarter 2021 earnings released: CN¥0.061 loss per share (vs CN¥0.23 profit in 2Q 2020)The company reported a poor second quarter result with weaker earnings, revenues and control over costs. Second quarter 2021 results: Revenue: CN¥500.9m (down 9.5% from 2Q 2020). Net loss: CN¥9.77m (down 126% from profit in 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings.Reported Earnings • Apr 25Full year 2020 earnings released: EPS CN¥1.07 (vs CN¥0.70 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: CN¥3.94b (up 7.4% from FY 2019). Net income: CN¥170.3m (up 53% from FY 2019). Profit margin: 4.3% (up from 3.0% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 15% per year whereas the company’s share price has fallen by 12% per year.Is New 90 Day High Low • Dec 28New 90-day high: CN¥45.37The company is up 6.0% from its price of CN¥42.85 on 30 September 2020. The Chinese market is also up 6.0% over the last 90 days, indicating the company’s price trend is similar to the market 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¥2.63 per share.Is New 90 Day High Low • Oct 30New 90-day low: CN¥38.80The company is down 14% from its price of CN¥45.20 on 31 July 2020. The Chinese market is down 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Communications industry, which is down 9.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥2.45 per share.Reported Earnings • Oct 29Third quarter earnings releasedOver the last 12 months the company has reported total profits of CN¥108.2m, down 43% from the prior year. Total revenue was CN¥3.21b over the last 12 months, down 32% from the prior year.매출 및 비용 세부 내역Sun Create Electronics가 돈을 벌고 사용하는 방법. 최근 발표된 LTM 실적 기준.순이익 및 매출 추이XSSC:600990 매출, 비용 및 순이익 (CNY Millions)날짜매출순이익일반관리비연구개발비31 Mar 261,623-32432313431 Dec 251,745-28832512430 Sep 251,552-2963297230 Jun 251,639-2503305731 Mar 251,557-2593175631 Dec 241,603-2463265530 Sep 241,941-5063343330 Jun 241,828-5513613031 Mar 242,055-4913533031 Dec 231,927-5533783130 Sep 232,325293931930 Jun 232,590693712331 Mar 232,696753982631 Dec 222,721664043030 Sep 223,2961673476230 Jun 223,3191973536431 Mar 223,1851523506531 Dec 213,1431843406830 Sep 214,2042123937630 Jun 213,9331373987631 Mar 213,9861843908231 Dec 203,9421703867930 Sep 203,21410833611230 Jun 203,37613534211631 Mar 203,52110834911731 Dec 193,67111134811930 Sep 194,70719036413530 Jun 195,07024735613031 Mar 195,25325836012431 Dec 185,24625734812130 Sep 184,8531263419030 Jun 185,29920732010331 Mar 184,9921763199631 Dec 175,0572013208930 Sep 174,1362423551930 Jun 173,982215325031 Mar 174,106182350031 Dec 163,983216318030 Sep 163,584131262030 Jun 162,87762272031 Mar 162,543115212031 Dec 152,498115198030 Sep 151,87082196030 Jun 151,827841960양질의 수익: 600990 은(는) 현재 수익성이 없습니다.이익 마진 증가: 600990는 현재 수익성이 없습니다.잉여현금흐름 대비 순이익 분석과거 순이익 성장 분석수익추이: 600990은 수익성이 없으며 지난 5년 동안 손실이 연평균 56.2% 증가했습니다.성장 가속화: 현재 수익성이 없어 지난 1년간 600990의 수익 성장률을 5년 평균과 비교할 수 없습니다.수익 대 산업: 600990은 수익성이 없어 지난 해 수익 성장률을 Communications 업계(3.4%)와 비교하기 어렵습니다.자기자본이익률높은 ROE: 600990는 현재 수익성이 없으므로 자본 수익률이 음수(-20.49%)입니다.총자산이익률투하자본수익률우수한 과거 실적 기업을 찾아보세요7D1Y7D1Y7D1YTech 산업에서 과거 실적이 우수한 기업.View Financial Health기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/11 19:25종가2026/05/11 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 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 소스Sun Create Electronics Co., Ltd는 9명의 분석가가 다루고 있습니다. 이 중 0명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Huiwei YinChina International Capital Corporation LimitedChenshuo FuCitic Securities Co., Ltd.Zhou LuEverbright Securities Co. Ltd.6명의 분석가 더 보기
공지 • Mar 30Sun Create Electronics Co., Ltd to Report Q1, 2026 Results on Apr 29, 2026Sun Create Electronics Co., Ltd announced that they will report Q1, 2026 results on Apr 29, 2026
공지 • Dec 26Sun Create Electronics Co., Ltd to Report Fiscal Year 2025 Results on Apr 23, 2026Sun Create Electronics Co., Ltd announced that they will report fiscal year 2025 results on Apr 23, 2026
공지 • Sep 30Sun Create Electronics Co., Ltd to Report Q3, 2025 Results on Oct 29, 2025Sun Create Electronics Co., Ltd announced that they will report Q3, 2025 results on Oct 29, 2025
공지 • Jun 30Sun Create Electronics Co., Ltd to Report First Half, 2025 Results on Aug 30, 2025Sun Create Electronics Co., Ltd announced that they will report first half, 2025 results on Aug 30, 2025
공지 • Mar 28Sun Create Electronics Co., Ltd to Report Q1, 2025 Results on Apr 30, 2025Sun Create Electronics Co., Ltd announced that they will report Q1, 2025 results on Apr 30, 2025
공지 • Dec 27Sun Create Electronics Co., Ltd to Report Fiscal Year 2024 Results on Apr 30, 2025Sun Create Electronics Co., Ltd announced that they will report fiscal year 2024 results on Apr 30, 2025
공지 • Apr 23Sun Create Electronics Co., Ltd, Annual General Meeting, May 28, 2026Sun Create Electronics Co., Ltd, Annual General Meeting, May 28, 2026, at 14:30 China Standard Time. Location: The Company's Meeting Room, Hefei, Anhui China
공지 • Mar 30Sun Create Electronics Co., Ltd to Report Q1, 2026 Results on Apr 29, 2026Sun Create Electronics Co., Ltd announced that they will report Q1, 2026 results on Apr 29, 2026
공지 • Dec 26Sun Create Electronics Co., Ltd to Report Fiscal Year 2025 Results on Apr 23, 2026Sun Create Electronics Co., Ltd announced that they will report fiscal year 2025 results on Apr 23, 2026
공지 • Sep 30Sun Create Electronics Co., Ltd to Report Q3, 2025 Results on Oct 29, 2025Sun Create Electronics Co., Ltd announced that they will report Q3, 2025 results on Oct 29, 2025
공지 • Jun 30Sun Create Electronics Co., Ltd to Report First Half, 2025 Results on Aug 30, 2025Sun Create Electronics Co., Ltd announced that they will report first half, 2025 results on Aug 30, 2025
공지 • Apr 30Sun Create Electronics Co., Ltd, Annual General Meeting, May 28, 2025Sun Create Electronics Co., Ltd, Annual General Meeting, May 28, 2025, at 14:30 China Standard Time. Location: The Company's Meeting Room, Hefei, Anhui China
공지 • Mar 28Sun Create Electronics Co., Ltd to Report Q1, 2025 Results on Apr 30, 2025Sun Create Electronics Co., Ltd announced that they will report Q1, 2025 results on Apr 30, 2025
공지 • Dec 27Sun Create Electronics Co., Ltd to Report Fiscal Year 2024 Results on Apr 30, 2025Sun Create Electronics Co., Ltd announced that they will report fiscal year 2024 results on Apr 30, 2025
Reported Earnings • Oct 30Third quarter 2024 earnings released: CN¥0.006 loss per share (vs CN¥0.17 loss in 3Q 2023)Third quarter 2024 results: CN¥0.006 loss per share (improved from CN¥0.17 loss in 3Q 2023). Revenue: CN¥451.1m (up 34% from 3Q 2023). Net loss: CN¥1.49m (loss narrowed 97% from 3Q 2023). Revenue is forecast to grow 21% 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, the company's share price growth rate has exceeded its earnings growth rate by 114 percentage points per year, which is a significant difference in performance.
공지 • Sep 30Sun Create Electronics Co., Ltd to Report Q3, 2024 Results on Oct 30, 2024Sun Create Electronics Co., Ltd announced that they will report Q3, 2024 results on Oct 30, 2024
공지 • Jun 28Sun Create Electronics Co., Ltd to Report First Half, 2024 Results on Aug 24, 2024Sun Create Electronics Co., Ltd announced that they will report first half, 2024 results on Aug 24, 2024
Buy Or Sell Opportunity • Apr 22Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 10% to CN¥17.47. The fair value is estimated to be CN¥14.44, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 21% over the last 3 years. Meanwhile, the company became loss making.
공지 • Apr 21Sun Create Electronics Co., Ltd, Annual General Meeting, May 22, 2024Sun Create Electronics Co., Ltd, Annual General Meeting, May 22, 2024, at 14:00 China Standard Time. Location: The Company's Meeting Room, Hefei, Anhui China
Reported Earnings • Apr 20Full year 2023 earnings released: CN¥2.06 loss per share (vs CN¥0.24 profit in FY 2022)Full year 2023 results: CN¥2.06 loss per share (down from CN¥0.24 profit in FY 2022). Revenue: CN¥1.93b (down 29% from FY 2022). Net loss: CN¥553.2m (down CN¥619.3m from profit in FY 2022). Revenue is forecast to grow 30% p.a. on average during the next 2 years, compared to a 23% growth forecast for the Communications industry in China. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 65 percentage points per year, which is a significant difference in performance.
공지 • Mar 29Sun Create Electronics Co., Ltd to Report Q1, 2024 Results on Apr 27, 2024Sun Create Electronics Co., Ltd announced that they will report Q1, 2024 results on Apr 27, 2024
New Risk • Mar 27New 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 9.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (0.04x net interest cover). Minor Risks Share price has been volatile over the past 3 months (9.8% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.2% net profit margin).
공지 • Dec 29Sun Create Electronics Co., Ltd to Report Fiscal Year 2023 Results on Apr 20, 2024Sun Create Electronics Co., Ltd announced that they will report fiscal year 2023 results on Apr 20, 2024
Reported Earnings • Nov 01Third quarter 2023 earnings released: CN¥0.17 loss per share (vs CN¥0.025 loss in 3Q 2022)Third quarter 2023 results: CN¥0.17 loss per share (further deteriorated from CN¥0.025 loss in 3Q 2022). Revenue: CN¥338.0m (down 44% from 3Q 2022). Net loss: CN¥46.9m (loss widened CN¥40.4m from 3Q 2022). Revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 23% growth forecast for the Communications industry in China. Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings.
New Risk • Aug 31New major risk - Financial positionThe company's interest payments are not well covered by earnings. Net interest cover: 1.4x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.4x net interest cover). Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (2.7% net profit margin).
Reported Earnings • Aug 26Second quarter 2023 earnings released: EPS: CN¥0.22 (vs CN¥0.14 in 2Q 2022)Second quarter 2023 results: EPS: CN¥0.22. Revenue: CN¥528.4m (down 17% from 2Q 2022). Net income: CN¥29.2m (down 16% from 2Q 2022). Profit margin: 5.5% (in line with 2Q 2022). Revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Communications industry in China.
공지 • Jun 28Sun Create Electronics Co., Ltd to Report First Half, 2023 Results on Aug 26, 2023Sun Create Electronics Co., Ltd announced that they will report first half, 2023 results on Aug 26, 2023
Reported Earnings • Apr 29First quarter 2023 earnings released: CN¥0.33 loss per share (vs CN¥0.38 loss in 1Q 2022)First quarter 2023 results: CN¥0.33 loss per share (improved from CN¥0.38 loss in 1Q 2022). Revenue: CN¥210.9m (down 11% from 1Q 2022). Net loss: CN¥69.8m (loss narrowed 11% from 1Q 2022). Revenue is forecast to grow 36% p.a. on average during the next 2 years, compared to a 19% growth forecast for the Communications industry in China. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.
Buying Opportunity • Apr 11Now 20% undervaluedOver the last 90 days, the stock is up 19%. The fair value is estimated to be CN¥42.85, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 6.2% over the last 3 years. Earnings per share has grown by 12%. Revenue is forecast to grow by 59% in 2 years. Earnings is forecast to grow by 100% in the next 2 years.
Buying Opportunity • Mar 15Now 22% undervaluedOver the last 90 days, the stock is up 5.2%. The fair value is estimated to be CN¥43.10, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 6.2% over the last 3 years. Earnings per share has grown by 12%. Revenue is forecast to grow by 59% in 2 years. Earnings is forecast to grow by 100% in the next 2 years.
Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 8 non-independent directors. Director & GM Xiaowei Ren was the last director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • Oct 30Third quarter 2022 earnings released: CN¥0.032 loss per share (vs CN¥0.11 profit in 3Q 2021)Third quarter 2022 results: CN¥0.032 loss per share (down from CN¥0.11 profit in 3Q 2021). Revenue: CN¥602.9m (down 3.6% from 3Q 2021). Net loss: CN¥6.50m (down 128% from profit in 3Q 2021). Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings.
Board Change • Oct 21Less 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. 10 experienced directors. No highly experienced directors. 3 independent directors (5 non-independent directors). Director Chuncheng Zhang was the last director to join the board, commencing their role in 2019. 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 • Aug 29Second quarter 2022 earnings released: EPS: CN¥0.34 (vs CN¥0.047 loss in 2Q 2021)Second quarter 2022 results: EPS: CN¥0.34 (up from CN¥0.047 loss in 2Q 2021). Revenue: CN¥634.0m (up 27% from 2Q 2021). Net income: CN¥34.8m (up CN¥44.5m from 2Q 2021). Profit margin: 5.5% (up from net loss in 2Q 2021). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings.
Board Change • Apr 27Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 10 experienced directors. No highly experienced directors. 4 independent directors (6 non-independent directors). GM & Director Chuncheng Zhang was the last director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Valuation Update With 7 Day Price Move • Nov 13Investor sentiment improved over the past weekAfter last week's 22% share price gain to CN¥59.84, the stock trades at a forward P/E ratio of 44x. Average forward P/E is 29x in the Communications industry in China. Total returns to shareholders of 58% over the past three years.
Reported Earnings • Oct 31Third quarter 2021 earnings released: EPS CN¥0.14 (vs CN¥0.32 loss in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: CN¥625.3m (up 76% from 3Q 2020). Net income: CN¥23.1m (up CN¥74.4m from 3Q 2020). Profit margin: 3.7% (up from net loss in 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings.
Valuation Update With 7 Day Price Move • Oct 20Investor sentiment improved over the past weekAfter last week's 19% share price gain to CN¥45.59, the stock trades at a trailing P/E ratio of 52.9x. Average trailing P/E is 50x in the Communications industry in China. Total returns to shareholders of 18% over the past three years.
Reported Earnings • Aug 24Second quarter 2021 earnings released: CN¥0.061 loss per share (vs CN¥0.23 profit in 2Q 2020)The company reported a poor second quarter result with weaker earnings, revenues and control over costs. Second quarter 2021 results: Revenue: CN¥500.9m (down 9.5% from 2Q 2020). Net loss: CN¥9.77m (down 126% from profit in 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings.
Reported Earnings • Apr 25Full year 2020 earnings released: EPS CN¥1.07 (vs CN¥0.70 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: CN¥3.94b (up 7.4% from FY 2019). Net income: CN¥170.3m (up 53% from FY 2019). Profit margin: 4.3% (up from 3.0% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 15% per year whereas the company’s share price has fallen by 12% per year.
Is New 90 Day High Low • Dec 28New 90-day high: CN¥45.37The company is up 6.0% from its price of CN¥42.85 on 30 September 2020. The Chinese market is also up 6.0% over the last 90 days, indicating the company’s price trend is similar to the market 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¥2.63 per share.
Is New 90 Day High Low • Oct 30New 90-day low: CN¥38.80The company is down 14% from its price of CN¥45.20 on 31 July 2020. The Chinese market is down 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Communications industry, which is down 9.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥2.45 per share.
Reported Earnings • Oct 29Third quarter earnings releasedOver the last 12 months the company has reported total profits of CN¥108.2m, down 43% from the prior year. Total revenue was CN¥3.21b over the last 12 months, down 32% from the prior year.