View ValuationImpro Precision Industries 향후 성장Future 기준 점검 2/6Impro Precision Industries (는) 각각 연간 15.6% 및 14.1% 수익과 수익이 증가할 것으로 예상됩니다. EPS는 연간 16.1% 만큼 성장할 것으로 예상됩니다. 자기자본이익률은 3년 후 16.4% 로 예상됩니다.핵심 정보15.6%이익 성장률16.14%EPS 성장률Machinery 이익 성장24.9%매출 성장률14.1%향후 자기자본이익률16.35%애널리스트 커버리지Low마지막 업데이트06 May 2026최근 향후 성장 업데이트공시 • Jan 10Impro Precision Industries Limited Provides Group Earnings Guidance for the Year Ended 31 December 2022Impro Precision Industries Limited provided group earnings guidance for the year ended 31 December 2022. The Group expects to record a net profit attributable to shareholders of the Company between HKD 550 million and HKD 600 million for the Financial Year, which represents a significant year-on-year growth between 43.6% and 56.7% as compared to a net profit attributable to shareholders of the company of HKD 383 million for the year ended 31 December 2021. The significant increase in net profit was primarily attributable to the year on year growth in the Group's revenue of approximately 15% as a result of strong revenue growth in aerospace & medical end- markets and a good revenue growth in industrial & others end-markets, which is sufficient to offset the revenue drop in passenger car end-market. Expansion of operating profit margin was mainly due to economies of scale, weakening in Renminbi against Hong Kong Dollars, and a one-off gain after tax on the disposal of a Germany plant's land, building and machinery of HKD 13 million, which was partially offset by a one-off impairment provision charge after tax of approximately HKD 73 million against net book value of building, machinery, equipment and inventories, etc. damaged in the fire incident of the Group's Nantong plant in June 2022.공시 • Jul 13Impro Precision Industries Limited Provides Earnings Guidance for the Six Months Ended 30 June 2022Impro Precision Industries Limited provided earnings guidance for the six months ended 30 June 2022. For the period, the Group expects to record a net profit attributable to shareholders of the Company between HKD 250 million and HKD 270 million for the Reporting Period, which represents a period-on-period growth of 42.9% and 54.3% respectively as compared to a net profit attributable to shareholders of the Company of HKD 175 million for the six months ended 30 June 2021.공시 • Jan 22Impro Precision Industries Limited Provides Consolidated Earnings Guidance for the Full Year Ended December 31, 2021Impro Precision Industries Limited provided consolidated earnings guidance for the full year ended December 31, 2021. For the period the group expects net profit attributable to shareholders of the company to be in the range of HKD 370 million to HKD 390 million against net loss attributable to shareholders of the company of HKD 148 million for the year ended December 31, 2020.공시 • Jul 14Impro Precision Industries Limited Provides Unaudited Consolidated Earnings Guidance for the Six Months Ended June 30, 2021Impro Precision Industries Limited provided unaudited consolidated earnings guidance for the six months ended June 30, 2021. For the six months, the Group expects to record a net profit attributable to shareholders of the Company between HKD 165 million and HKD 185 million for the Reporting Period, which is a turnaround as compared to a net loss attributable to shareholders of the Company of HKD 270 million for the same period in 2020. Such turnaround was primarily attributable to the fact that there was a significant impairment charge against goodwill and other assets of HKD 445 million during the six months ended 30 June 2020. The Company does not expect to make a similar significant impairment charge for the Reporting Period.모든 업데이트 보기Recent updates공시 • 5hImpro Precision Industries Limited has filed a Follow-on Equity Offering in the amount of HKD 546 million.Impro Precision Industries Limited has filed a Follow-on Equity Offering in the amount of HKD 546 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 60,000,000 Price\Range: HKD 9.1 Transaction Features: Subsequent Direct ListingBoard Change • May 20Less 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 an independent director. The company's board is composed of: 1 new director. 3 experienced directors. 3 highly experienced directors. 3 independent directors (4 non-independent directors). Independent Non-Executive Director Cindy Chow was the last independent director to join the board, commencing their role in 2024. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.공시 • Mar 10Impro Precision Industries Limited, Annual General Meeting, Jun 26, 2026Impro Precision Industries Limited, Annual General Meeting, Jun 26, 2026.공시 • Feb 24Impro Precision Industries Limited to Report Fiscal Year 2025 Results on Mar 10, 2026Impro Precision Industries Limited announced that they will report fiscal year 2025 results on Mar 10, 2026공시 • Jul 28Impro Precision Industries Limited to Report First Half, 2025 Results on Aug 12, 2025Impro Precision Industries Limited announced that they will report first half, 2025 results on Aug 12, 2025공시 • Mar 11+ 1 more updateImpro Precision Industries Limited, Annual General Meeting, May 08, 2025Impro Precision Industries Limited, Annual General Meeting, May 08, 2025.공시 • Feb 25Impro Precision Industries Limited to Report Fiscal Year 2024 Results on Mar 11, 2025Impro Precision Industries Limited announced that they will report fiscal year 2024 results on Mar 11, 2025공시 • Jan 02Impro Precision Industries Limited Announces Board ChangesThe board of directors of Impro Precision Industries Limited announced the following changes in the Board with effect from 31 December 2024: (1) Mr. YU Kwok Kuen Harry (“Mr. YU'') has resigned as an independent non- executive Director, the chairman of the audit committee (the “Audit Committee'') and a member of the remuneration committee (the “Remuneration Committee'') of the Board due to his intention to devote more time to other business and personal commitment; and (2) Mrs. CHOW Lok Mei Ki Cindy (``Mrs. CHOW'') has been appointed as an independent non-executive Director, the chairman of the Audit Committee and a member of the Remuneration Committee. Mrs. CHOW Lok Mei Ki Cindy, aged 54, has over 30 years of experience in finance, accounting and general management. Mrs. CHOW gained her professional accounting and auditing experience during 1992 to 1997 at Arthur Andersen & Co. Thereafter, she served in various private and public companies in financial and management reporting roles. She joined Alibaba.com Limited as senior finance director in 2007. Since November 2015, Mrs. CHOW has been serving as the executive director and CEO of Alibaba Hong Kong Entrepreneurs Fund, which is a not-for-profit initiative launched by Alibaba Group and is registered as a responsible officer under the SFO for Type 9 (asset management) regulated activity. The Board announces that Mrs. CHOW has also been appointed as the chairman of the Audit Committee and a member of the Remuneration Committee with effect from 31 December 2024.Reported Earnings • Aug 13First half 2024 earnings released: EPS: HK$0.16 (vs HK$0.16 in 1H 2023)First half 2024 results: EPS: HK$0.16 (in line with 1H 2023). Revenue: HK$2.40b (flat on 1H 2023). Net income: HK$304.5m (flat on 1H 2023). Profit margin: 13% (in line with 1H 2023). Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings.Declared Dividend • Aug 11First half dividend of HK$0.08 announcedShareholders will receive a dividend of HK$0.08. Ex-date: 21st August 2024 Payment date: 6th September 2024 Dividend yield will be 34%, which is higher than the industry average of 2.6%. Sustainability & Growth Dividend is covered by both earnings (26% earnings payout ratio) and cash flows (67% cash payout ratio). The dividend has increased by an average of 15% per year over the past 5 years. However, payments have been volatile during that time. Earnings per share has grown by 1.2% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.Buy Or Sell Opportunity • Aug 08Now 28% undervalued after recent price dropOver the last 90 days, the stock has fallen 7.8% to €0.21. The fair value is estimated to be €0.30, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Meanwhile, the company has become profitable.공시 • Aug 08Impro Precision Industries Limited Announces Interim Dividend for the Six Months Ended 30 June 2024, Payable 06 September 2024Impro Precision Industries Limited announced Interim dividend of HKD 0.08 per share for the six months ended 30 June 2024. Record date 27 August 2024. Payment date 06 September 2024. Ex-dividend date 21 August 2024.공시 • Jul 26Impro Precision Industries Limited to Report First Half, 2024 Results on Aug 08, 2024Impro Precision Industries Limited announced that they will report first half, 2024 results on Aug 08, 2024Buy Or Sell Opportunity • Jul 16Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 12% to €0.20. The fair value is estimated to be €0.26, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Meanwhile, the company has become profitable.공시 • Jun 28Impro Precision Industries Limited Announces Retirement of Wang Hui as Executive Director, Effective June 29, 2024The board of directors of Impro Precision Industries Limited announced that Ms. WANG Hui, Ina has tendered her resignation as an executive director of the Company with effect from 29 June 2024 due to retirement.New Risk • Apr 24New 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 German stocks, typically moving 11% 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 Risk Share price has been highly volatile over the past 3 months (11% average weekly change). Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.Reported Earnings • Apr 19Full year 2023 earnings released: EPS: HK$0.31 (vs HK$0.31 in FY 2022)Full year 2023 results: EPS: HK$0.31 (up from HK$0.31 in FY 2022). Revenue: HK$4.60b (up 5.7% from FY 2022). Net income: HK$585.1m (flat on FY 2022). Profit margin: 13% (in line with FY 2022). Over the last 3 years on average, earnings per share has increased by 48% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Mar 18Upcoming dividend of HK$0.08 per shareEligible shareholders must have bought the stock before 25 March 2024. Payment date: 11 April 2024. Payout ratio is a comfortable 52% and this is well supported by cash flows. Trailing yield: 6.0%. Within top quartile of German dividend payers (5.0%). Higher than average of industry peers (3.2%).Declared Dividend • Mar 14Final dividend of HK$0.08 announcedShareholders will receive a dividend of HK$0.08. Ex-date: 25th March 2024 Payment date: 11th April 2024 Dividend yield will be 32%, which is higher than the industry average of 2.6%. Sustainability & Growth Dividend is covered by both earnings (52% earnings payout ratio) and cash flows (53% cash payout ratio). The dividend has increased by an average of 15% per year over the past 5 years. However, payments have been volatile during that time. Earnings per share has grown by 2.6% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.Reported Earnings • Mar 13Full year 2023 earnings released: EPS: HK$0.31 (vs HK$0.31 in FY 2022)Full year 2023 results: EPS: HK$0.31 (up from HK$0.31 in FY 2022). Revenue: HK$4.60b (up 5.7% from FY 2022). Net income: HK$585.1m (flat on FY 2022). Profit margin: 13% (in line with FY 2022). Over the last 3 years on average, earnings per share has increased by 48% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.공시 • Mar 13Impro Precision Industries Limited, Annual General Meeting, May 20, 2024Impro Precision Industries Limited, Annual General Meeting, May 20, 2024.공시 • Mar 12Impro Precision Industries Limited Announces Ordinary Second Interim Dividend for the Year Ended 31 December 2023, Payable on 11 April 2024Impro Precision Industries Limited announced ordinary second interim dividend for the year ended 31 December 2023 of HKD 0.08 per share. Ex-dividend date is 25 March 2024. Record date is 02 April 2024. Payment date is 11 April 2024.공시 • Feb 27Impro Precision Industries Limited to Report Q4, 2023 Results on Mar 12, 2024Impro Precision Industries Limited announced that they will report Q4, 2023 results on Mar 12, 2024New Risk • Feb 24New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (8.2% average weekly change).New Risk • Nov 16New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 6.5% 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: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (6.5% average weekly change).Recent Insider Transactions • Oct 30Executive Chairman & CEO recently bought €10m worth of stockOn the 25th of October, Ruibo Lu bought around 40m shares on-market at roughly €0.25 per share. This transaction amounted to 3.1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Ruibo has been a buyer over the last 12 months, purchasing a net total of €22m worth in shares.Upcoming Dividend • Aug 14Upcoming dividend of HK$0.08 per share at 6.0% yieldEligible shareholders must have bought the stock before 21 August 2023. Payment date: 06 September 2023. Payout ratio is a comfortable 49% and this is well supported by cash flows. Trailing yield: 6.0%. Within top quartile of German dividend payers (4.8%). Higher than average of industry peers (2.7%).Reported Earnings • Aug 10First half 2023 earnings released: EPS: HK$0.16 (vs HK$0.14 in 1H 2022)First half 2023 results: EPS: HK$0.16 (up from HK$0.14 in 1H 2022). Revenue: HK$2.40b (up 9.7% from 1H 2022). Net income: HK$303.2m (up 13% from 1H 2022). Profit margin: 13% (in line with 1H 2022). Over the last 3 years on average, earnings per share has increased by 75% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.공시 • Aug 09Impro Precision Industries Limited Announces Interim Dividend for the Six Months Ended 30 June 2023, Payable 06 September 2023Impro Precision Industries Limited announced Interim dividend of HKD 0.08 per share for the six months ended 30 June 2023. Record date 25 August 2023. Payment date 06 September 2023. Ex-dividend date 21 August 2023.공시 • Jul 29Impro Precision Industries Limited to Report First Half, 2023 Results on Aug 08, 2023Impro Precision Industries Limited announced that they will report first half, 2023 results on Aug 08, 2023Recent Insider Transactions • Apr 21Executive Chairman & CEO recently bought €6.7m worth of stockOn the 14th of April, Ruibo Lu bought around 20m shares on-market at roughly €0.34 per share. This transaction amounted to 1.6% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Ruibo has been a buyer over the last 12 months, purchasing a net total of €22m worth in shares.Upcoming Dividend • Mar 15Upcoming dividend of HK$0.08 per share at 5.4% yieldEligible shareholders must have bought the stock before 22 March 2023. Payment date: 06 April 2023. Trailing yield: 5.4%. Within top quartile of German dividend payers (4.8%). Higher than average of industry peers (2.4%).Reported Earnings • Mar 10Full year 2022 earnings released: EPS: HK$0.31 (vs HK$0.20 in FY 2021)Full year 2022 results: EPS: HK$0.31 (up from HK$0.20 in FY 2021). Revenue: HK$4.35b (up 15% from FY 2021). Net income: HK$581.9m (up 52% from FY 2021). Profit margin: 13% (up from 10% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.공시 • Jan 10Impro Precision Industries Limited Provides Group Earnings Guidance for the Year Ended 31 December 2022Impro Precision Industries Limited provided group earnings guidance for the year ended 31 December 2022. The Group expects to record a net profit attributable to shareholders of the Company between HKD 550 million and HKD 600 million for the Financial Year, which represents a significant year-on-year growth between 43.6% and 56.7% as compared to a net profit attributable to shareholders of the company of HKD 383 million for the year ended 31 December 2021. The significant increase in net profit was primarily attributable to the year on year growth in the Group's revenue of approximately 15% as a result of strong revenue growth in aerospace & medical end- markets and a good revenue growth in industrial & others end-markets, which is sufficient to offset the revenue drop in passenger car end-market. Expansion of operating profit margin was mainly due to economies of scale, weakening in Renminbi against Hong Kong Dollars, and a one-off gain after tax on the disposal of a Germany plant's land, building and machinery of HKD 13 million, which was partially offset by a one-off impairment provision charge after tax of approximately HKD 73 million against net book value of building, machinery, equipment and inventories, etc. damaged in the fire incident of the Group's Nantong plant in June 2022.Board Change • Nov 16Less 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. 5 experienced directors. 3 highly experienced directors. 3 independent directors (5 non-independent directors). Independent Non-Executive Director Gordon Yen was the last independent 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.Recent Insider Transactions • Nov 09Executive Chairman & CEO recently bought €5.2m worth of stockOn the 3rd of November, Ruibo Lu bought around 20m shares on-market at roughly €0.26 per share. This transaction amounted to 1.6% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth €9.8m. Ruibo has been a buyer over the last 12 months, purchasing a net total of €32m worth in shares.Buying Opportunity • Sep 24Now 20% undervaluedThe stock has been flat over the last 90 days. The fair value is estimated to be €0.28, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.3% over the last 3 years. Earnings per share has declined by 6.9%. Revenue is forecast to grow by 15% in a year. Earnings is forecast to grow by 22% in the next year.Upcoming Dividend • Aug 17Upcoming dividend of HK$0.08 per shareEligible shareholders must have bought the stock before 24 August 2022. Payment date: 08 September 2022. Payout ratio is a comfortable 60% but the company is not cash flow positive. Trailing yield: 7.0%. Within top quartile of German dividend payers (4.5%). Higher than average of industry peers (2.6%).Reported Earnings • Aug 12First half 2022 earnings releasedFirst half 2022 results: Revenue: (down 100% from 1H 2021). Net income: (down HK$175.0m from profit in 1H 2021). Profit margin: (down from 9.6% in 1H 2021). The decrease in margin was driven by lower expenses. Over the next year, revenue is forecast to grow 10%, compared to a 9.6% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 7% per year whereas the company’s share price has fallen by 10% per year.공시 • Aug 12Impro Precision Industries Limited Announces Interim Dividend for the Six Months Ended 30 June 2022, Payable on September 08, 2022Impro Precision Industries Limited announced Interim dividend for the six months ended 30 June 2022. For the period, the company reported dividend of HKD 0.08 per share with Ex-dividend date 24 August 2022; record date 30 August 2022 and payment date of 08 September, 2022.공시 • Aug 03Impro Precision Industries Limited to Report First Half, 2022 Results on Aug 11, 2022Impro Precision Industries Limited announced that they will report first half, 2022 results on Aug 11, 2022공시 • Jul 13Impro Precision Industries Limited Provides Earnings Guidance for the Six Months Ended 30 June 2022Impro Precision Industries Limited provided earnings guidance for the six months ended 30 June 2022. For the period, the Group expects to record a net profit attributable to shareholders of the Company between HKD 250 million and HKD 270 million for the Reporting Period, which represents a period-on-period growth of 42.9% and 54.3% respectively as compared to a net profit attributable to shareholders of the Company of HKD 175 million for the six months ended 30 June 2021.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. 5 experienced directors. 3 highly experienced directors. 3 independent directors (5 non-independent directors). Independent Non-Executive Director Gordon Yen was the last independent 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.Recent Insider Transactions • Apr 20Executive Chairman & CEO recently bought €3.9m worth of stockOn the 13th of April, Ruibo Lu bought around 15m shares on-market at roughly €0.26 per share. This was the largest purchase by an insider in the last 3 months. Ruibo has been a buyer over the last 12 months, purchasing a net total of €6.4m worth in shares.Upcoming Dividend • Mar 16Upcoming dividend of HK$0.072 per shareEligible shareholders must have bought the stock before 23 March 2022. Payment date: 08 April 2022. Payout ratio is a comfortable 50% but the company is not cash flow positive. Trailing yield: 5.8%. Within top quartile of German dividend payers (3.6%). Higher than average of industry peers (1.7%).Reported Earnings • Mar 11Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: HK$0.20 (up from HK$0.079 loss in FY 2020). Revenue: HK$3.78b (up 29% from FY 2020). Net income: HK$382.8m (up HK$531.0m from FY 2020). Profit margin: 10% (up from net loss in FY 2020). The move to profitability was driven by higher revenue. Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 15%, compared to a 11% growth forecast for the industry in Germany.공시 • Jan 22Impro Precision Industries Limited Provides Consolidated Earnings Guidance for the Full Year Ended December 31, 2021Impro Precision Industries Limited provided consolidated earnings guidance for the full year ended December 31, 2021. For the period the group expects net profit attributable to shareholders of the company to be in the range of HKD 370 million to HKD 390 million against net loss attributable to shareholders of the company of HKD 148 million for the year ended December 31, 2020.Recent Insider Transactions • Dec 29Executive Chairman & CEO recently bought €89k worth of stockOn the 22nd of December, Ruibo Lu bought around 409k shares on-market at roughly €0.22 per share. This was the largest purchase by an insider in the last 3 months. Ruibo has been a buyer over the last 12 months, purchasing a net total of €1.3m worth in shares.Recent Insider Transactions • Sep 16Executive Chairman & CEO recently bought €67k worth of stockOn the 14th of September, Ruibo Lu bought around 250k shares on-market at roughly €0.27 per share. In the last 3 months, they made an even bigger purchase worth €141k. Ruibo has been a buyer over the last 12 months, purchasing a net total of €1.1m worth in shares.Recent Insider Transactions • Sep 07Executive Chairman & CEO recently bought €123k worth of stockOn the 2nd of September, Ruibo Lu bought around 469k shares on-market at roughly €0.26 per share. In the last 3 months, they made an even bigger purchase worth €141k. Ruibo has been a buyer over the last 12 months, purchasing a net total of €941k worth in shares.Recent Insider Transactions • Aug 19Executive Chairman & CEO recently bought €58k worth of stockOn the 17th of August, Ruibo Lu bought around 202k shares on-market at roughly €0.28 per share. In the last 3 months, they made an even bigger purchase worth €73k. Ruibo has been a buyer over the last 12 months, purchasing a net total of €224k worth in shares.Upcoming Dividend • Aug 18Upcoming dividend of HK$0.029 per shareEligible shareholders must have bought the stock before 25 August 2021. Payment date: 09 September 2021. Trailing yield: 1.8%. Lower than top quartile of German dividend payers (3.1%). Higher than average of industry peers (1.0%).Reported Earnings • Aug 14First half 2021 earnings released: EPS HK$0.093 (vs HK$0.14 loss in 1H 2020)The company reported a strong first half result with improved earnings, revenues and profit margins. First half 2021 results: Revenue: HK$1.82b (up 33% from 1H 2020). Net income: HK$175.0m (up HK$444.9m from 1H 2020). Profit margin: 9.6% (up from net loss in 1H 2020).공시 • Jul 14Impro Precision Industries Limited Provides Unaudited Consolidated Earnings Guidance for the Six Months Ended June 30, 2021Impro Precision Industries Limited provided unaudited consolidated earnings guidance for the six months ended June 30, 2021. For the six months, the Group expects to record a net profit attributable to shareholders of the Company between HKD 165 million and HKD 185 million for the Reporting Period, which is a turnaround as compared to a net loss attributable to shareholders of the Company of HKD 270 million for the same period in 2020. Such turnaround was primarily attributable to the fact that there was a significant impairment charge against goodwill and other assets of HKD 445 million during the six months ended 30 June 2020. The Company does not expect to make a similar significant impairment charge for the Reporting Period.Recent Insider Transactions • Jul 03Executive Chairman & CEO recently bought €73k worth of stockOn the 29th of June, Ruibo Lu bought around 274k shares on-market at roughly €0.26 per share. This was the largest purchase by an insider in the last 3 months. Ruibo has been a buyer over the last 12 months, purchasing a net total of €120k worth in shares.공시 • May 05Impro Precision Industries Limited Approves Final Dividend for the Year Ended 31 December 2020Impro Precision Industries Limited announced that at its Annual General Meeting held on 4 May 2021, approved the a final dividend of 1.8 Hong Kong cents per Share for the year ended 31 December 2020.Upcoming Dividend • Apr 29Upcoming dividend of HK$0.018 per shareEligible shareholders must have bought the stock before 06 May 2021. Payment date: 24 May 2021. Trailing yield: 1.7%. Lower than top quartile of German dividend payers (3.2%). Higher than average of industry peers (1.1%).Reported Earnings • Apr 02Full year 2020 earnings released: HK$0.079 loss per share (vs HK$0.32 profit in FY 2019)The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2020 results: Revenue: HK$2.92b (down 20% from FY 2019). Net loss: HK$148.2m (down 127% from profit in FY 2019).Reported Earnings • Mar 13Full year 2020 earnings released: HK$0.079 loss per share (vs HK$0.32 profit in FY 2019)The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2020 results: Revenue: HK$2.92b (down 20% from FY 2019). Net loss: HK$148.2m (down 127% from profit in FY 2019).Analyst Estimate Surprise Post Earnings • Mar 13Revenue beats expectationsRevenue exceeded analyst estimates by 4.8%. Over the next year, revenue is forecast to grow 16%, compared to a 6.9% growth forecast for the Machinery industry in Germany.공시 • Mar 12+ 1 more updateImpro Precision Industries Limited Proposes Final Dividend for the Year Ended 31 December 2020, Payable on or About 24 May 2021The Board of Impro Precision Industries Limited has proposed to pay a final dividend of 1.8 HK cents per share, resulting a full year dividend of 4.2 HK cents per share for the year ended 31 December 2020, payable to the Shareholders whose name appear on the register of members of the Company on 12 May 2021. Subject to approval by the Shareholders of the Company at the annual general meeting to be held on Tuesday, 4 May 2021 (the "AGM"), the final dividend will be paid to the Shareholders on or about 24 May 2021.공시 • Feb 26Impro Precision Industries Limited to Report Fiscal Year 2020 Results on Mar 11, 2021Impro Precision Industries Limited announced that they will report fiscal year 2020 results on Mar 11, 2021Is New 90 Day High Low • Jan 30New 90-day high: €0.30The company is up 39% from its price of €0.22 on 30 October 2020. The German market is up 18% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Machinery industry, which is up 17% over the same period.Is New 90 Day High Low • Dec 31New 90-day high: €0.30The company is up 49% from its price of €0.20 on 02 October 2020. The German market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Machinery industry, which is up 13% over the same period.Is New 90 Day High Low • Sep 28New 90-day low: €0.21The company is down 25% from its price of €0.28 on 30 June 2020. The German market is up 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Machinery industry, which is up 6.0% over the same period.공시 • Sep 21Impro Precision Industries Limited(SEHK:1286) dropped from S&P Global BMI IndexImpro Precision Industries Limited(SEHK:1286) dropped from S&P Global BMI Index공시 • Jun 18Impro Precision Industries Limited announced that it has received $70 million in funding from Baring Private Equity Asia V Holding (2) Limited, GE EquityImpro Precision Industries Limited announced that it has entered into a share subscription agreement for private placement of 329,916 common shares at $197.019847 per share for proceeds of $65,000,000 and 25,378 common shares at $197.021042 per share for proceeds of $5,000,000 for gross proceeds of $70,000,000 on December 24, 2011. The transaction included participation from new investors, Baring Private Equity Asia V Holding (2) Limited for 329,916 common shares and acquired 25.82% stake in the company and GE Equity for 25,378 common shares and acquired 1.99% stake in the company.이익 및 매출 성장 예측DB:7IP - 애널리스트 향후 추정치 및 과거 재무 데이터 (HKD Millions)날짜매출이익자유현금흐름영업현금흐름평균 애널리스트 수12/31/20287,8191,1565211,409212/31/20276,9369963841,308312/31/20266,0318263431,174212/31/20255,0957263541,259N/A9/30/20254,9157064311,231N/A6/30/20254,7346865071,204N/A3/31/20254,7106655201,175N/A12/31/20244,6876445341,146N/A9/30/20244,6446154911,124N/A6/30/20244,6025864491,102N/A3/31/20244,6035865091,192N/A12/31/20234,6045855701,281N/A9/30/20234,5866015271,177N/A6/30/20234,5676174841,072N/A3/31/20234,461600343955N/A12/31/20224,355582203837N/A9/30/20224,251529-42697N/A6/30/20224,147475-287556N/A3/31/20223,962429-412490N/A12/31/20213,778383-538424N/A9/30/20213,579340-331586N/A6/30/20213,380297-124747N/A3/31/20213,15274140818N/A12/31/20202,925-148404889N/A9/30/20203,011-90502917N/A6/30/20203,098-31600946N/A3/31/20203,369254558960N/A12/31/20193,640539515974N/A9/30/20193,716489N/A906N/A6/30/20193,792440N/A838N/A3/31/20193,771425N/A808N/A12/31/20183,749410N/A778N/A12/31/20173,049402N/A752N/A12/31/20162,547339N/A633N/A더 보기애널리스트 향후 성장 전망수입 대 저축률: 7IP 의 연간 예상 수익 증가율(15.6%)이 saving rate(1.9%)보다 높습니다.수익 vs 시장: 7IP 의 연간 수익(15.6%)이 German 시장(17.2%)보다 느리게 성장할 것으로 예상됩니다.고성장 수익: 7IP 의 수입은 증가할 것으로 예상되지만 상당히 증가하지는 않을 것입니다.수익 대 시장: 7IP 의 수익(연간 14.1%)이 German 시장(연간 6.8%)보다 빠르게 성장할 것으로 예상됩니다.고성장 매출: 7IP 의 수익(연간 14.1%)은 연간 20%보다 느리게 증가할 것으로 예상됩니다.주당순이익 성장 예측향후 자기자본이익률미래 ROE: 7IP의 자본 수익률은 3년 후 16.4%로 낮을 것으로 예상됩니다.성장 기업 찾아보기7D1Y7D1Y7D1YCapital-goods 산업의 고성장 기업.View Past Performance기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/27 23:34종가2026/05/27 00:00수익2025/12/31연간 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 소스Impro Precision Industries Limited는 4명의 분석가가 다루고 있습니다. 이 중 3명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Tsz-Wang TamDBS Bank LtdXiaoli YuIndustrial Securities Co. Ltd.Siu Lun LauJefferies LLC1명의 분석가 더 보기
공시 • Jan 10Impro Precision Industries Limited Provides Group Earnings Guidance for the Year Ended 31 December 2022Impro Precision Industries Limited provided group earnings guidance for the year ended 31 December 2022. The Group expects to record a net profit attributable to shareholders of the Company between HKD 550 million and HKD 600 million for the Financial Year, which represents a significant year-on-year growth between 43.6% and 56.7% as compared to a net profit attributable to shareholders of the company of HKD 383 million for the year ended 31 December 2021. The significant increase in net profit was primarily attributable to the year on year growth in the Group's revenue of approximately 15% as a result of strong revenue growth in aerospace & medical end- markets and a good revenue growth in industrial & others end-markets, which is sufficient to offset the revenue drop in passenger car end-market. Expansion of operating profit margin was mainly due to economies of scale, weakening in Renminbi against Hong Kong Dollars, and a one-off gain after tax on the disposal of a Germany plant's land, building and machinery of HKD 13 million, which was partially offset by a one-off impairment provision charge after tax of approximately HKD 73 million against net book value of building, machinery, equipment and inventories, etc. damaged in the fire incident of the Group's Nantong plant in June 2022.
공시 • Jul 13Impro Precision Industries Limited Provides Earnings Guidance for the Six Months Ended 30 June 2022Impro Precision Industries Limited provided earnings guidance for the six months ended 30 June 2022. For the period, the Group expects to record a net profit attributable to shareholders of the Company between HKD 250 million and HKD 270 million for the Reporting Period, which represents a period-on-period growth of 42.9% and 54.3% respectively as compared to a net profit attributable to shareholders of the Company of HKD 175 million for the six months ended 30 June 2021.
공시 • Jan 22Impro Precision Industries Limited Provides Consolidated Earnings Guidance for the Full Year Ended December 31, 2021Impro Precision Industries Limited provided consolidated earnings guidance for the full year ended December 31, 2021. For the period the group expects net profit attributable to shareholders of the company to be in the range of HKD 370 million to HKD 390 million against net loss attributable to shareholders of the company of HKD 148 million for the year ended December 31, 2020.
공시 • Jul 14Impro Precision Industries Limited Provides Unaudited Consolidated Earnings Guidance for the Six Months Ended June 30, 2021Impro Precision Industries Limited provided unaudited consolidated earnings guidance for the six months ended June 30, 2021. For the six months, the Group expects to record a net profit attributable to shareholders of the Company between HKD 165 million and HKD 185 million for the Reporting Period, which is a turnaround as compared to a net loss attributable to shareholders of the Company of HKD 270 million for the same period in 2020. Such turnaround was primarily attributable to the fact that there was a significant impairment charge against goodwill and other assets of HKD 445 million during the six months ended 30 June 2020. The Company does not expect to make a similar significant impairment charge for the Reporting Period.
공시 • 5hImpro Precision Industries Limited has filed a Follow-on Equity Offering in the amount of HKD 546 million.Impro Precision Industries Limited has filed a Follow-on Equity Offering in the amount of HKD 546 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 60,000,000 Price\Range: HKD 9.1 Transaction Features: Subsequent Direct Listing
Board Change • May 20Less 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 an independent director. The company's board is composed of: 1 new director. 3 experienced directors. 3 highly experienced directors. 3 independent directors (4 non-independent directors). Independent Non-Executive Director Cindy Chow was the last independent director to join the board, commencing their role in 2024. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
공시 • Mar 10Impro Precision Industries Limited, Annual General Meeting, Jun 26, 2026Impro Precision Industries Limited, Annual General Meeting, Jun 26, 2026.
공시 • Feb 24Impro Precision Industries Limited to Report Fiscal Year 2025 Results on Mar 10, 2026Impro Precision Industries Limited announced that they will report fiscal year 2025 results on Mar 10, 2026
공시 • Jul 28Impro Precision Industries Limited to Report First Half, 2025 Results on Aug 12, 2025Impro Precision Industries Limited announced that they will report first half, 2025 results on Aug 12, 2025
공시 • Mar 11+ 1 more updateImpro Precision Industries Limited, Annual General Meeting, May 08, 2025Impro Precision Industries Limited, Annual General Meeting, May 08, 2025.
공시 • Feb 25Impro Precision Industries Limited to Report Fiscal Year 2024 Results on Mar 11, 2025Impro Precision Industries Limited announced that they will report fiscal year 2024 results on Mar 11, 2025
공시 • Jan 02Impro Precision Industries Limited Announces Board ChangesThe board of directors of Impro Precision Industries Limited announced the following changes in the Board with effect from 31 December 2024: (1) Mr. YU Kwok Kuen Harry (“Mr. YU'') has resigned as an independent non- executive Director, the chairman of the audit committee (the “Audit Committee'') and a member of the remuneration committee (the “Remuneration Committee'') of the Board due to his intention to devote more time to other business and personal commitment; and (2) Mrs. CHOW Lok Mei Ki Cindy (``Mrs. CHOW'') has been appointed as an independent non-executive Director, the chairman of the Audit Committee and a member of the Remuneration Committee. Mrs. CHOW Lok Mei Ki Cindy, aged 54, has over 30 years of experience in finance, accounting and general management. Mrs. CHOW gained her professional accounting and auditing experience during 1992 to 1997 at Arthur Andersen & Co. Thereafter, she served in various private and public companies in financial and management reporting roles. She joined Alibaba.com Limited as senior finance director in 2007. Since November 2015, Mrs. CHOW has been serving as the executive director and CEO of Alibaba Hong Kong Entrepreneurs Fund, which is a not-for-profit initiative launched by Alibaba Group and is registered as a responsible officer under the SFO for Type 9 (asset management) regulated activity. The Board announces that Mrs. CHOW has also been appointed as the chairman of the Audit Committee and a member of the Remuneration Committee with effect from 31 December 2024.
Reported Earnings • Aug 13First half 2024 earnings released: EPS: HK$0.16 (vs HK$0.16 in 1H 2023)First half 2024 results: EPS: HK$0.16 (in line with 1H 2023). Revenue: HK$2.40b (flat on 1H 2023). Net income: HK$304.5m (flat on 1H 2023). Profit margin: 13% (in line with 1H 2023). Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings.
Declared Dividend • Aug 11First half dividend of HK$0.08 announcedShareholders will receive a dividend of HK$0.08. Ex-date: 21st August 2024 Payment date: 6th September 2024 Dividend yield will be 34%, which is higher than the industry average of 2.6%. Sustainability & Growth Dividend is covered by both earnings (26% earnings payout ratio) and cash flows (67% cash payout ratio). The dividend has increased by an average of 15% per year over the past 5 years. However, payments have been volatile during that time. Earnings per share has grown by 1.2% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
Buy Or Sell Opportunity • Aug 08Now 28% undervalued after recent price dropOver the last 90 days, the stock has fallen 7.8% to €0.21. The fair value is estimated to be €0.30, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Meanwhile, the company has become profitable.
공시 • Aug 08Impro Precision Industries Limited Announces Interim Dividend for the Six Months Ended 30 June 2024, Payable 06 September 2024Impro Precision Industries Limited announced Interim dividend of HKD 0.08 per share for the six months ended 30 June 2024. Record date 27 August 2024. Payment date 06 September 2024. Ex-dividend date 21 August 2024.
공시 • Jul 26Impro Precision Industries Limited to Report First Half, 2024 Results on Aug 08, 2024Impro Precision Industries Limited announced that they will report first half, 2024 results on Aug 08, 2024
Buy Or Sell Opportunity • Jul 16Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 12% to €0.20. The fair value is estimated to be €0.26, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Meanwhile, the company has become profitable.
공시 • Jun 28Impro Precision Industries Limited Announces Retirement of Wang Hui as Executive Director, Effective June 29, 2024The board of directors of Impro Precision Industries Limited announced that Ms. WANG Hui, Ina has tendered her resignation as an executive director of the Company with effect from 29 June 2024 due to retirement.
New Risk • Apr 24New 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 German stocks, typically moving 11% 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 Risk Share price has been highly volatile over the past 3 months (11% average weekly change). Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.
Reported Earnings • Apr 19Full year 2023 earnings released: EPS: HK$0.31 (vs HK$0.31 in FY 2022)Full year 2023 results: EPS: HK$0.31 (up from HK$0.31 in FY 2022). Revenue: HK$4.60b (up 5.7% from FY 2022). Net income: HK$585.1m (flat on FY 2022). Profit margin: 13% (in line with FY 2022). Over the last 3 years on average, earnings per share has increased by 48% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Mar 18Upcoming dividend of HK$0.08 per shareEligible shareholders must have bought the stock before 25 March 2024. Payment date: 11 April 2024. Payout ratio is a comfortable 52% and this is well supported by cash flows. Trailing yield: 6.0%. Within top quartile of German dividend payers (5.0%). Higher than average of industry peers (3.2%).
Declared Dividend • Mar 14Final dividend of HK$0.08 announcedShareholders will receive a dividend of HK$0.08. Ex-date: 25th March 2024 Payment date: 11th April 2024 Dividend yield will be 32%, which is higher than the industry average of 2.6%. Sustainability & Growth Dividend is covered by both earnings (52% earnings payout ratio) and cash flows (53% cash payout ratio). The dividend has increased by an average of 15% per year over the past 5 years. However, payments have been volatile during that time. Earnings per share has grown by 2.6% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
Reported Earnings • Mar 13Full year 2023 earnings released: EPS: HK$0.31 (vs HK$0.31 in FY 2022)Full year 2023 results: EPS: HK$0.31 (up from HK$0.31 in FY 2022). Revenue: HK$4.60b (up 5.7% from FY 2022). Net income: HK$585.1m (flat on FY 2022). Profit margin: 13% (in line with FY 2022). Over the last 3 years on average, earnings per share has increased by 48% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.
공시 • Mar 13Impro Precision Industries Limited, Annual General Meeting, May 20, 2024Impro Precision Industries Limited, Annual General Meeting, May 20, 2024.
공시 • Mar 12Impro Precision Industries Limited Announces Ordinary Second Interim Dividend for the Year Ended 31 December 2023, Payable on 11 April 2024Impro Precision Industries Limited announced ordinary second interim dividend for the year ended 31 December 2023 of HKD 0.08 per share. Ex-dividend date is 25 March 2024. Record date is 02 April 2024. Payment date is 11 April 2024.
공시 • Feb 27Impro Precision Industries Limited to Report Q4, 2023 Results on Mar 12, 2024Impro Precision Industries Limited announced that they will report Q4, 2023 results on Mar 12, 2024
New Risk • Feb 24New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (8.2% average weekly change).
New Risk • Nov 16New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 6.5% 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: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (6.5% average weekly change).
Recent Insider Transactions • Oct 30Executive Chairman & CEO recently bought €10m worth of stockOn the 25th of October, Ruibo Lu bought around 40m shares on-market at roughly €0.25 per share. This transaction amounted to 3.1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Ruibo has been a buyer over the last 12 months, purchasing a net total of €22m worth in shares.
Upcoming Dividend • Aug 14Upcoming dividend of HK$0.08 per share at 6.0% yieldEligible shareholders must have bought the stock before 21 August 2023. Payment date: 06 September 2023. Payout ratio is a comfortable 49% and this is well supported by cash flows. Trailing yield: 6.0%. Within top quartile of German dividend payers (4.8%). Higher than average of industry peers (2.7%).
Reported Earnings • Aug 10First half 2023 earnings released: EPS: HK$0.16 (vs HK$0.14 in 1H 2022)First half 2023 results: EPS: HK$0.16 (up from HK$0.14 in 1H 2022). Revenue: HK$2.40b (up 9.7% from 1H 2022). Net income: HK$303.2m (up 13% from 1H 2022). Profit margin: 13% (in line with 1H 2022). Over the last 3 years on average, earnings per share has increased by 75% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.
공시 • Aug 09Impro Precision Industries Limited Announces Interim Dividend for the Six Months Ended 30 June 2023, Payable 06 September 2023Impro Precision Industries Limited announced Interim dividend of HKD 0.08 per share for the six months ended 30 June 2023. Record date 25 August 2023. Payment date 06 September 2023. Ex-dividend date 21 August 2023.
공시 • Jul 29Impro Precision Industries Limited to Report First Half, 2023 Results on Aug 08, 2023Impro Precision Industries Limited announced that they will report first half, 2023 results on Aug 08, 2023
Recent Insider Transactions • Apr 21Executive Chairman & CEO recently bought €6.7m worth of stockOn the 14th of April, Ruibo Lu bought around 20m shares on-market at roughly €0.34 per share. This transaction amounted to 1.6% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Ruibo has been a buyer over the last 12 months, purchasing a net total of €22m worth in shares.
Upcoming Dividend • Mar 15Upcoming dividend of HK$0.08 per share at 5.4% yieldEligible shareholders must have bought the stock before 22 March 2023. Payment date: 06 April 2023. Trailing yield: 5.4%. Within top quartile of German dividend payers (4.8%). Higher than average of industry peers (2.4%).
Reported Earnings • Mar 10Full year 2022 earnings released: EPS: HK$0.31 (vs HK$0.20 in FY 2021)Full year 2022 results: EPS: HK$0.31 (up from HK$0.20 in FY 2021). Revenue: HK$4.35b (up 15% from FY 2021). Net income: HK$581.9m (up 52% from FY 2021). Profit margin: 13% (up from 10% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.
공시 • Jan 10Impro Precision Industries Limited Provides Group Earnings Guidance for the Year Ended 31 December 2022Impro Precision Industries Limited provided group earnings guidance for the year ended 31 December 2022. The Group expects to record a net profit attributable to shareholders of the Company between HKD 550 million and HKD 600 million for the Financial Year, which represents a significant year-on-year growth between 43.6% and 56.7% as compared to a net profit attributable to shareholders of the company of HKD 383 million for the year ended 31 December 2021. The significant increase in net profit was primarily attributable to the year on year growth in the Group's revenue of approximately 15% as a result of strong revenue growth in aerospace & medical end- markets and a good revenue growth in industrial & others end-markets, which is sufficient to offset the revenue drop in passenger car end-market. Expansion of operating profit margin was mainly due to economies of scale, weakening in Renminbi against Hong Kong Dollars, and a one-off gain after tax on the disposal of a Germany plant's land, building and machinery of HKD 13 million, which was partially offset by a one-off impairment provision charge after tax of approximately HKD 73 million against net book value of building, machinery, equipment and inventories, etc. damaged in the fire incident of the Group's Nantong plant in June 2022.
Board Change • Nov 16Less 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. 5 experienced directors. 3 highly experienced directors. 3 independent directors (5 non-independent directors). Independent Non-Executive Director Gordon Yen was the last independent 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.
Recent Insider Transactions • Nov 09Executive Chairman & CEO recently bought €5.2m worth of stockOn the 3rd of November, Ruibo Lu bought around 20m shares on-market at roughly €0.26 per share. This transaction amounted to 1.6% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth €9.8m. Ruibo has been a buyer over the last 12 months, purchasing a net total of €32m worth in shares.
Buying Opportunity • Sep 24Now 20% undervaluedThe stock has been flat over the last 90 days. The fair value is estimated to be €0.28, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.3% over the last 3 years. Earnings per share has declined by 6.9%. Revenue is forecast to grow by 15% in a year. Earnings is forecast to grow by 22% in the next year.
Upcoming Dividend • Aug 17Upcoming dividend of HK$0.08 per shareEligible shareholders must have bought the stock before 24 August 2022. Payment date: 08 September 2022. Payout ratio is a comfortable 60% but the company is not cash flow positive. Trailing yield: 7.0%. Within top quartile of German dividend payers (4.5%). Higher than average of industry peers (2.6%).
Reported Earnings • Aug 12First half 2022 earnings releasedFirst half 2022 results: Revenue: (down 100% from 1H 2021). Net income: (down HK$175.0m from profit in 1H 2021). Profit margin: (down from 9.6% in 1H 2021). The decrease in margin was driven by lower expenses. Over the next year, revenue is forecast to grow 10%, compared to a 9.6% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 7% per year whereas the company’s share price has fallen by 10% per year.
공시 • Aug 12Impro Precision Industries Limited Announces Interim Dividend for the Six Months Ended 30 June 2022, Payable on September 08, 2022Impro Precision Industries Limited announced Interim dividend for the six months ended 30 June 2022. For the period, the company reported dividend of HKD 0.08 per share with Ex-dividend date 24 August 2022; record date 30 August 2022 and payment date of 08 September, 2022.
공시 • Aug 03Impro Precision Industries Limited to Report First Half, 2022 Results on Aug 11, 2022Impro Precision Industries Limited announced that they will report first half, 2022 results on Aug 11, 2022
공시 • Jul 13Impro Precision Industries Limited Provides Earnings Guidance for the Six Months Ended 30 June 2022Impro Precision Industries Limited provided earnings guidance for the six months ended 30 June 2022. For the period, the Group expects to record a net profit attributable to shareholders of the Company between HKD 250 million and HKD 270 million for the Reporting Period, which represents a period-on-period growth of 42.9% and 54.3% respectively as compared to a net profit attributable to shareholders of the Company of HKD 175 million for the six months ended 30 June 2021.
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. 5 experienced directors. 3 highly experienced directors. 3 independent directors (5 non-independent directors). Independent Non-Executive Director Gordon Yen was the last independent 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.
Recent Insider Transactions • Apr 20Executive Chairman & CEO recently bought €3.9m worth of stockOn the 13th of April, Ruibo Lu bought around 15m shares on-market at roughly €0.26 per share. This was the largest purchase by an insider in the last 3 months. Ruibo has been a buyer over the last 12 months, purchasing a net total of €6.4m worth in shares.
Upcoming Dividend • Mar 16Upcoming dividend of HK$0.072 per shareEligible shareholders must have bought the stock before 23 March 2022. Payment date: 08 April 2022. Payout ratio is a comfortable 50% but the company is not cash flow positive. Trailing yield: 5.8%. Within top quartile of German dividend payers (3.6%). Higher than average of industry peers (1.7%).
Reported Earnings • Mar 11Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: HK$0.20 (up from HK$0.079 loss in FY 2020). Revenue: HK$3.78b (up 29% from FY 2020). Net income: HK$382.8m (up HK$531.0m from FY 2020). Profit margin: 10% (up from net loss in FY 2020). The move to profitability was driven by higher revenue. Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 15%, compared to a 11% growth forecast for the industry in Germany.
공시 • Jan 22Impro Precision Industries Limited Provides Consolidated Earnings Guidance for the Full Year Ended December 31, 2021Impro Precision Industries Limited provided consolidated earnings guidance for the full year ended December 31, 2021. For the period the group expects net profit attributable to shareholders of the company to be in the range of HKD 370 million to HKD 390 million against net loss attributable to shareholders of the company of HKD 148 million for the year ended December 31, 2020.
Recent Insider Transactions • Dec 29Executive Chairman & CEO recently bought €89k worth of stockOn the 22nd of December, Ruibo Lu bought around 409k shares on-market at roughly €0.22 per share. This was the largest purchase by an insider in the last 3 months. Ruibo has been a buyer over the last 12 months, purchasing a net total of €1.3m worth in shares.
Recent Insider Transactions • Sep 16Executive Chairman & CEO recently bought €67k worth of stockOn the 14th of September, Ruibo Lu bought around 250k shares on-market at roughly €0.27 per share. In the last 3 months, they made an even bigger purchase worth €141k. Ruibo has been a buyer over the last 12 months, purchasing a net total of €1.1m worth in shares.
Recent Insider Transactions • Sep 07Executive Chairman & CEO recently bought €123k worth of stockOn the 2nd of September, Ruibo Lu bought around 469k shares on-market at roughly €0.26 per share. In the last 3 months, they made an even bigger purchase worth €141k. Ruibo has been a buyer over the last 12 months, purchasing a net total of €941k worth in shares.
Recent Insider Transactions • Aug 19Executive Chairman & CEO recently bought €58k worth of stockOn the 17th of August, Ruibo Lu bought around 202k shares on-market at roughly €0.28 per share. In the last 3 months, they made an even bigger purchase worth €73k. Ruibo has been a buyer over the last 12 months, purchasing a net total of €224k worth in shares.
Upcoming Dividend • Aug 18Upcoming dividend of HK$0.029 per shareEligible shareholders must have bought the stock before 25 August 2021. Payment date: 09 September 2021. Trailing yield: 1.8%. Lower than top quartile of German dividend payers (3.1%). Higher than average of industry peers (1.0%).
Reported Earnings • Aug 14First half 2021 earnings released: EPS HK$0.093 (vs HK$0.14 loss in 1H 2020)The company reported a strong first half result with improved earnings, revenues and profit margins. First half 2021 results: Revenue: HK$1.82b (up 33% from 1H 2020). Net income: HK$175.0m (up HK$444.9m from 1H 2020). Profit margin: 9.6% (up from net loss in 1H 2020).
공시 • Jul 14Impro Precision Industries Limited Provides Unaudited Consolidated Earnings Guidance for the Six Months Ended June 30, 2021Impro Precision Industries Limited provided unaudited consolidated earnings guidance for the six months ended June 30, 2021. For the six months, the Group expects to record a net profit attributable to shareholders of the Company between HKD 165 million and HKD 185 million for the Reporting Period, which is a turnaround as compared to a net loss attributable to shareholders of the Company of HKD 270 million for the same period in 2020. Such turnaround was primarily attributable to the fact that there was a significant impairment charge against goodwill and other assets of HKD 445 million during the six months ended 30 June 2020. The Company does not expect to make a similar significant impairment charge for the Reporting Period.
Recent Insider Transactions • Jul 03Executive Chairman & CEO recently bought €73k worth of stockOn the 29th of June, Ruibo Lu bought around 274k shares on-market at roughly €0.26 per share. This was the largest purchase by an insider in the last 3 months. Ruibo has been a buyer over the last 12 months, purchasing a net total of €120k worth in shares.
공시 • May 05Impro Precision Industries Limited Approves Final Dividend for the Year Ended 31 December 2020Impro Precision Industries Limited announced that at its Annual General Meeting held on 4 May 2021, approved the a final dividend of 1.8 Hong Kong cents per Share for the year ended 31 December 2020.
Upcoming Dividend • Apr 29Upcoming dividend of HK$0.018 per shareEligible shareholders must have bought the stock before 06 May 2021. Payment date: 24 May 2021. Trailing yield: 1.7%. Lower than top quartile of German dividend payers (3.2%). Higher than average of industry peers (1.1%).
Reported Earnings • Apr 02Full year 2020 earnings released: HK$0.079 loss per share (vs HK$0.32 profit in FY 2019)The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2020 results: Revenue: HK$2.92b (down 20% from FY 2019). Net loss: HK$148.2m (down 127% from profit in FY 2019).
Reported Earnings • Mar 13Full year 2020 earnings released: HK$0.079 loss per share (vs HK$0.32 profit in FY 2019)The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2020 results: Revenue: HK$2.92b (down 20% from FY 2019). Net loss: HK$148.2m (down 127% from profit in FY 2019).
Analyst Estimate Surprise Post Earnings • Mar 13Revenue beats expectationsRevenue exceeded analyst estimates by 4.8%. Over the next year, revenue is forecast to grow 16%, compared to a 6.9% growth forecast for the Machinery industry in Germany.
공시 • Mar 12+ 1 more updateImpro Precision Industries Limited Proposes Final Dividend for the Year Ended 31 December 2020, Payable on or About 24 May 2021The Board of Impro Precision Industries Limited has proposed to pay a final dividend of 1.8 HK cents per share, resulting a full year dividend of 4.2 HK cents per share for the year ended 31 December 2020, payable to the Shareholders whose name appear on the register of members of the Company on 12 May 2021. Subject to approval by the Shareholders of the Company at the annual general meeting to be held on Tuesday, 4 May 2021 (the "AGM"), the final dividend will be paid to the Shareholders on or about 24 May 2021.
공시 • Feb 26Impro Precision Industries Limited to Report Fiscal Year 2020 Results on Mar 11, 2021Impro Precision Industries Limited announced that they will report fiscal year 2020 results on Mar 11, 2021
Is New 90 Day High Low • Jan 30New 90-day high: €0.30The company is up 39% from its price of €0.22 on 30 October 2020. The German market is up 18% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Machinery industry, which is up 17% over the same period.
Is New 90 Day High Low • Dec 31New 90-day high: €0.30The company is up 49% from its price of €0.20 on 02 October 2020. The German market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Machinery industry, which is up 13% over the same period.
Is New 90 Day High Low • Sep 28New 90-day low: €0.21The company is down 25% from its price of €0.28 on 30 June 2020. The German market is up 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Machinery industry, which is up 6.0% over the same period.
공시 • Sep 21Impro Precision Industries Limited(SEHK:1286) dropped from S&P Global BMI IndexImpro Precision Industries Limited(SEHK:1286) dropped from S&P Global BMI Index
공시 • Jun 18Impro Precision Industries Limited announced that it has received $70 million in funding from Baring Private Equity Asia V Holding (2) Limited, GE EquityImpro Precision Industries Limited announced that it has entered into a share subscription agreement for private placement of 329,916 common shares at $197.019847 per share for proceeds of $65,000,000 and 25,378 common shares at $197.021042 per share for proceeds of $5,000,000 for gross proceeds of $70,000,000 on December 24, 2011. The transaction included participation from new investors, Baring Private Equity Asia V Holding (2) Limited for 329,916 common shares and acquired 25.82% stake in the company and GE Equity for 25,378 common shares and acquired 1.99% stake in the company.