View ValuationChurchill China 향후 성장Future 기준 점검 1/6Churchill China (는) 각각 연간 4.6% 및 1.7% 수익과 수익이 증가할 것으로 예상됩니다. EPS는 연간 3.3% 만큼 성장할 것으로 예상됩니다. 자기자본이익률은 3년 후 7.2% 로 예상됩니다.핵심 정보4.6%이익 성장률3.31%EPS 성장률Consumer Durables 이익 성장22.1%매출 성장률1.7%향후 자기자본이익률7.20%애널리스트 커버리지Low마지막 업데이트31 Jul 2026최근 향후 성장 업데이트업데이트 없음모든 업데이트 보기Recent updatesValuation Update With 7 Day Price Move • Jul 23Investor sentiment improves as stock rises 15%After last week's 15% share price gain to €4.22, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 11x in the Consumer Durables industry in Europe. Total loss to shareholders of 69% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €6.39 per share.Board Change • Jul 01Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 4 experienced directors. 2 highly experienced directors. Senior Independent Director Martin Payne was the last director to join the board, commencing their role in 2024. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Recent Insider Transactions • Apr 22Board Member recently bought €119k worth of stockOn the 17th of April, James Roper bought around 30k shares on-market at roughly €3.95 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. Insiders have collectively bought €164k more in shares than they have sold in the last 12 months.Valuation Update With 7 Day Price Move • Apr 20Investor sentiment improves as stock rises 20%After last week's 20% share price gain to €3.92, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 11x in the Consumer Durables industry in Europe. Total loss to shareholders of 74% over the past three years.Declared Dividend • Apr 15Final dividend of UK£0.14 announcedShareholders will receive a dividend of UK£0.14. Ex-date: 30th April 2026 Payment date: 4th June 2026 Dividend yield will be 6.7%, which is higher than the industry average of 2.5%. Sustainability & Growth Dividend is covered by both earnings (47% earnings payout ratio) and cash flows (74% cash payout ratio). The dividend has increased by an average of 7.6% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 14% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Reported Earnings • Apr 14Full year 2025 earnings released: EPS: UK£0.40 (vs UK£0.58 in FY 2024)Full year 2025 results: EPS: UK£0.40 (down from UK£0.58 in FY 2024). Revenue: UK£76.3m (down 2.6% from FY 2024). Net income: UK£4.36m (down 32% from FY 2024). Profit margin: 5.7% (down from 8.1% in FY 2024). Revenue is forecast to grow 1.9% p.a. on average during the next 3 years, compared to a 5.3% growth forecast for the Consumer Durables industry in Europe. Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has fallen by 42% per year, which means it is performing significantly worse than earnings.공고 • Apr 13Churchill China plc, Annual General Meeting, May 29, 2026Churchill China plc, Annual General Meeting, May 29, 2026.공고 • Apr 01Churchill China plc to Report Fiscal Year 2025 Final Results on Apr 13, 2026Churchill China plc announced that they will report fiscal year 2025 final results at 8:00 AM, GMT Standard Time on Apr 13, 2026New Risk • Mar 22New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2025. 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: Major Risk Earnings are forecast to decline by an average of 6.9% per year for the foreseeable future. Minor Risks Latest financial reports are more than 6 months old (reported June 2025 fiscal period end). Dividend is not well covered by cash flows (163% cash payout ratio). Profit margins are more than 30% lower than last year (6.7% net profit margin). Market cap is less than US$100m (€39.7m market cap, or US$45.9m).Buy Or Sell Opportunity • Mar 21Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 5.0% to €3.44. The fair value is estimated to be €4.32, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 8.8%. Revenue is forecast to grow by 0.4% in a year. Earnings are forecast to decline by 11% in the next year.New Risk • Mar 18New 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 8.2% 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 Earnings are forecast to decline by an average of 6.9% per year for the foreseeable future. Minor Risks Dividend is not well covered by cash flows (163% cash payout ratio). Share price has been volatile over the past 3 months (8.2% average weekly change). Profit margins are more than 30% lower than last year (6.7% net profit margin). Market cap is less than US$100m (€40.1m market cap, or US$46.3m).Valuation Update With 7 Day Price Move • Jan 26Investor sentiment improves as stock rises 19%After last week's 19% share price gain to €4.32, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 12x in the Consumer Durables industry in Europe. Total loss to shareholders of 65% over the past three years.Reported Earnings • Sep 05First half 2025 earnings released: EPS: UK£0.21 (vs UK£0.33 in 1H 2024)First half 2025 results: EPS: UK£0.21 (down from UK£0.33 in 1H 2024). Revenue: UK£38.5m (down 5.2% from 1H 2024). Net income: UK£2.31m (down 36% from 1H 2024). Profit margin: 6.0% (down from 8.9% in 1H 2024). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 1.3% p.a. on average during the next 2 years, compared to a 6.4% growth forecast for the Consumer Durables industry in Europe. Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has fallen by 27% per year, which means it is performing significantly worse than earnings.공고 • Sep 04Churchill China plc Announces Interim Dividend for the Six Months Ended June 30, 2025, Payable on 10 October 2025Churchill China plc announced interim dividend of 7.0 pence per share (H1 2024: 11.5 pence per share, FY2024: 38.0 pence per share) for the six months ended June 30, 2025 will be paid, a decrease of 39.1% on the previous year. The dividend will be paid on 10 October 2025 to shareholders on the register as at 12 September 2025.New Risk • Sep 03New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 6.9% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 6.9% per year for the foreseeable future. Minor Risks Dividend is not well covered by cash flows (185% cash payout ratio). Profit margins are more than 30% lower than last year (6.7% net profit margin). Market cap is less than US$100m (€53.9m market cap, or US$62.8m).공고 • Aug 11Churchill China plc to Report First Half, 2025 Results on Sep 03, 2025Churchill China plc announced that they will report first half, 2025 results on Sep 03, 2025New Risk • Jul 17New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 18% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Shares are highly illiquid. Earnings are forecast to decline by an average of 18% per year for the foreseeable future. Minor Risks Dividend is not well covered by cash flows (0% cash payout ratio). Market cap is less than US$100m (€72.9m market cap, or US$84.7m).Valuation Update With 7 Day Price Move • May 28Investor sentiment improves as stock rises 16%After last week's 16% share price gain to €7.00, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 13x in the Consumer Durables industry in Europe. Total loss to shareholders of 48% over the past three years.공고 • May 08Churchill China plc, Annual General Meeting, May 29, 2025Churchill China plc, Annual General Meeting, May 29, 2025. Location: the companys head office, no 1 marlborough way, tunstall, st6 5nz, stoke on trent United KingdomUpcoming Dividend • Apr 24Upcoming dividend of UK£0.27 per shareEligible shareholders must have bought the stock before 01 May 2025. Payment date: 05 June 2025. Payout ratio is a comfortable 64% but the company is paying out more than the cash it is generating. Trailing yield: 6.5%. Within top quartile of German dividend payers (4.5%). Higher than average of industry peers (4.4%).Valuation Update With 7 Day Price Move • Apr 16Investor sentiment improves as stock rises 21%After last week's 21% share price gain to €6.25, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 11x in the Consumer Durables industry in Europe. Total loss to shareholders of 55% over the past three years.Reported Earnings • Apr 09Full year 2024 earnings released: EPS: UK£0.58 (vs UK£0.70 in FY 2023)Full year 2024 results: EPS: UK£0.58 (down from UK£0.70 in FY 2023). Revenue: UK£78.3m (down 4.9% from FY 2023). Net income: UK£6.37m (down 18% from FY 2023). Profit margin: 8.1% (down from 9.4% in FY 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 2.3% p.a. on average during the next 2 years, compared to a 6.4% growth forecast for the Consumer Durables industry in Europe. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has fallen by 31% per year, which means it is significantly lagging earnings.공고 • Apr 09Churchill China plc Proposes Final Dividend for the Year 2024Churchill China plc proposed a final dividend of 26.5 pence per share giving a total dividend of 38.0 pence per share for the year. Whilst profitability is down for the year, the level of dividend highlights the Board's belief that the Company can continue to make sustainable cash flows, and that the underlying performance of the business has the potential for sustainable growth.공고 • Mar 26Churchill China plc to Report Fiscal Year 2024 Results on Apr 09, 2025Churchill China plc announced that they will report fiscal year 2024 results at 8:00 AM, GMT Standard Time on Apr 09, 2025New Risk • Mar 24New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2024. 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: Major Risk Earnings are forecast to decline by an average of 3.6% per year for the foreseeable future. Minor Risks Latest financial reports are more than 6 months old (reported June 2024 fiscal period end). Dividend is not well covered by cash flows (186% cash payout ratio). Market cap is less than US$100m (€67.0m market cap, or US$72.5m).Valuation Update With 7 Day Price Move • Mar 12Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to €5.40, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 12x in the Consumer Durables industry in Europe. Total loss to shareholders of 64% over the past three years.New Risk • Jan 22New 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 Risks Share price has been highly volatile over the past 3 months (11% average weekly change). Earnings are forecast to decline by an average of 3.6% per year for the foreseeable future. Minor Risks Dividend is not well covered by cash flows (186% cash payout ratio). Market cap is less than US$100m (€74.1m market cap, or US$77.2m).Valuation Update With 7 Day Price Move • Jan 21Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to €6.25, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 13x in the Consumer Durables industry in Europe. Total loss to shareholders of 62% over the past three years.Buy Or Sell Opportunity • Dec 09Now 24% undervalued after recent price dropOver the last 90 days, the stock has fallen 15% to €8.70. The fair value is estimated to be €11.41, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 15% over the last 3 years. Earnings per share has grown by 32%. Revenue is forecast to grow by 2.3% in 2 years. Earnings are forecast to decline by 15% in the next 2 years.Valuation Update With 7 Day Price Move • Dec 06Investor sentiment improves as stock rises 22%After last week's 22% share price gain to €9.50, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 12x in the Consumer Durables industry in Europe. Total loss to shareholders of 48% over the past three years.New Risk • Nov 22New 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 6.1% 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 Earnings are forecast to decline by an average of 3.6% per year for the foreseeable future. Minor Risks Dividend is not well covered by cash flows (186% cash payout ratio). Share price has been volatile over the past 3 months (6.1% average weekly change). Market cap is less than US$100m (€92.5m market cap, or US$96.9m).Buy Or Sell Opportunity • Nov 21Now 33% undervalued after recent price dropOver the last 90 days, the stock has fallen 42% to €7.50. The fair value is estimated to be €11.19, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 15% over the last 3 years. Earnings per share has grown by 32%. Revenue is forecast to grow by 2.3% in 2 years. Earnings are forecast to decline by 15% in the next 2 years.New Risk • Nov 20New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 3.6% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 3.6% per year for the foreseeable future. Minor Risks Dividend is not well covered by cash flows (186% cash payout ratio). Market cap is less than US$100m (€92.5m market cap, or US$97.3m).Buy Or Sell Opportunity • Oct 29Now 22% undervalued after recent price dropOver the last 90 days, the stock has fallen 28% to €9.25. The fair value is estimated to be €11.84, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 15% over the last 3 years. Earnings per share has grown by 32%. Revenue is forecast to grow by 19% in 2 years. Earnings are forecast to grow by 19% in the next 2 years.Recent Insider Transactions • Oct 15Board Member recently bought €1.0m worth of stockOn the 11th of October, James Roper bought around 100k shares on-market at roughly €10.15 per share. This transaction amounted to 11% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought €1.0m more in shares than they have sold in the last 12 months.Valuation Update With 7 Day Price Move • Sep 12Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to €10.20, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 13x in the Consumer Durables industry in Europe. Total loss to shareholders of 49% over the past three years.Declared Dividend • Sep 08First half dividend of UK£0.12 announcedShareholders will receive a dividend of UK£0.12. Ex-date: 12th September 2024 Payment date: 11th October 2024 Dividend yield will be 3.9%, which is higher than the industry average of 2.5%. Sustainability & Growth Dividend is covered by earnings (51% earnings payout ratio) but not covered by cash flows (183% cash payout ratio). The dividend has increased by an average of 9.4% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 21% over the next 3 years, which should provide support to the dividend and adequate earnings cover.공고 • Sep 05Churchill China plc Announces Interim Dividend for the Six Months Ended 30 June, 2024, Payable on 11 October 2024Churchill China plc announced that an interim dividend of 11.5 pence per share for the six months ended 30 June, 2024 (first half 2023: 11.0 pence per share,fiscal year 2023: 36.0 pence per share) will be paid, an increase of 4.5% on the previous year. The company continues to have the aim to progressively increase its dividend, highlighting the Board's confidence in the business. This dividend will be payable on 11 October 2024 to shareholders on the register at 13 September 2024.공고 • Jul 24Churchill China plc to Report First Half, 2024 Results on Sep 05, 2024Churchill China plc announced that they will report first half, 2024 results on Sep 05, 2024Buy Or Sell Opportunity • Jul 08Now 22% overvalued after recent price riseOver the last 90 days, the stock has risen 17% to €13.10. The fair value is estimated to be €10.70, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 27% over the last 3 years. Earnings per share has grown by 58%. For the next 3 years, revenue is forecast to grow by 5.3% per annum. Earnings are also forecast to grow by 6.4% per annum over the same time period.Buy Or Sell Opportunity • Jun 03Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 2.5% to €12.10. The fair value is estimated to be €10.00, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 27% over the last 3 years. Earnings per share has grown by 58%. For the next 3 years, revenue is forecast to grow by 5.3% per annum. Earnings are also forecast to grow by 6.4% per annum over the same time period.공고 • May 12Churchill China plc, Annual General Meeting, Jun 05, 2024Churchill China plc, Annual General Meeting, Jun 05, 2024. Location: the companys head office, no 1 marlborough way, sandyford, tunstall, st6 5nz, stoke on trent United KingdomUpcoming Dividend • May 09Upcoming dividend of UK£0.25 per shareEligible shareholders must have bought the stock before 16 May 2024. Payment date: 17 June 2024. Payout ratio is a comfortable 51% but the company is paying out more than the cash it is generating. Trailing yield: 3.1%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (4.1%).Valuation Update With 7 Day Price Move • Apr 17Investor sentiment improves as stock rises 15%After last week's 15% share price gain to €12.90, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 10x in the Consumer Durables industry in Germany. Total loss to shareholders of 15% over the past three years.Buy Or Sell Opportunity • Apr 11Now 21% overvaluedOver the last 90 days, the stock has fallen 22% to €11.80. The fair value is estimated to be €9.77, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 27% over the last 3 years. Earnings per share has grown by 58%. For the next 3 years, revenue is forecast to grow by 5.3% per annum. Earnings are also forecast to grow by 6.4% per annum over the same time period.공고 • Apr 11Churchill China plc Proposes Final Dividend, Payable on 17 June 2024Churchill China plc proposed a final dividend of 25.0 pence per share, giving a total dividend of 36.0 pence per share for the year, a 14.3% increase on the 31.5 pence paid in relation to 2022. The final dividend will be payable on 17 June 2024 to shareholders on the register on 17 May 2024.Reported Earnings • Apr 10Full year 2023 earnings released: EPS: UK£0.70 (vs UK£0.72 in FY 2022)Full year 2023 results: EPS: UK£0.70 (down from UK£0.72 in FY 2022). Revenue: UK£82.3m (flat on FY 2022). Net income: UK£7.72m (down 2.3% from FY 2022). Profit margin: 9.4% (in line with FY 2022). Revenue is forecast to grow 5.3% p.a. on average during the next 3 years, compared to a 5.4% growth forecast for the Consumer Durables industry in Germany. Over the last 3 years on average, earnings per share has increased by 58% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings.New Risk • Apr 01New 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: Major Risk High level of non-cash earnings (27% accrual ratio). 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 (7.1% average weekly change).공고 • Mar 28Churchill China plc to Report Q4, 2023 Results on Apr 10, 2024Churchill China plc announced that they will report Q4, 2023 results on Apr 10, 2024New Risk • Mar 06New 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 7.5% 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: Major Risk High level of non-cash earnings (27% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (7.5% average weekly change).Valuation Update With 7 Day Price Move • Feb 28Investor sentiment deteriorates as stock falls 21%After last week's 21% share price decline to €10.70, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 12x in the Consumer Durables industry in Germany. Total loss to shareholders of 22% over the past three years.공고 • Jan 16Churchill China plc Appoints Martin Payne to the Board as Non-Executive DirectorChurchill China plc announced the appointment of Martin Payne to the Board as a Non-Executive Director with immediate effect. Martin has also been appointed as a member of the remuneration, audit and nomination committees. Having served on the Board for over 10 years, Brendan Hynes non-executive director will step down from the Board on 4 June, and Martin will assume the role of Senior Independent Director and will become Chair of the Audit Committee following the announcement of the 2023 results in April. Martin brings a wealth of previous experience to the board having served as CFO and CEO of Genuit Group plc and with extensive experience within the ceramics industry as Financial Director of Johnsons Tiles and as CFO of Norcros plc. Since 2021 Martin has been the Chair of the Audit Committee at Stelrad plc. A qualified Management Accountant, Martin has over 30 years of manufacturing experience including a brief spell within the pottery industry and has also served as Chairman of the Construction Products Association.Reported Earnings • Sep 17First half 2023 earnings released: EPS: UK£0.32 (vs UK£0.29 in 1H 2022)First half 2023 results: EPS: UK£0.32 (up from UK£0.29 in 1H 2022). Revenue: UK£44.0m (up 6.4% from 1H 2022). Net income: UK£3.50m (up 9.9% from 1H 2022). Profit margin: 8.0% (up from 7.7% in 1H 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.6% p.a. on average during the next 3 years, compared to a 6.6% growth forecast for the Consumer Durables industry in Germany.공고 • Sep 14Churchill China plc Recommends Interim Dividend for the Six Months Ended 30 June, 2023, Payable on 13 October 2023The Directors of Churchill China plc recommended an interim dividend of 11.0 pence per share (first half 2022: 10.5 pence per share, fiscal year 2022: 31.5 pence per share) an increase of approximately 5% on the previous year despite the increase in corporation tax in the current year to 25% (2022: 19%). This dividend will be payable on 13 October 2023 to shareholders on the register at 22 September 2023.공고 • Jul 18Churchill China plc to Report First Half, 2023 Results on Sep 14, 2023Churchill China plc announced that they will report first half, 2023 results on Sep 14, 2023공고 • Jun 09+ 2 more updatesChurchill China plc Appoints Michael Cunningham as A Board DirectorChurchill China plc appointed Michael Cunningham as a Board Director of the Group with immediate effect.공고 • May 12Churchill China plc, Annual General Meeting, Jun 08, 2023Churchill China plc, Annual General Meeting, Jun 08, 2023, at 11:00 Coordinated Universal Time. Location: No.1 Marlborough Way, Tunstall, Tunstall United KingdomUpcoming Dividend • May 11Upcoming dividend of UK£0.21 per share at 2.0% yieldEligible shareholders must have bought the stock before 18 May 2023. Payment date: 23 June 2023. Payout ratio is a comfortable 44% but the company is not cash flow positive. Trailing yield: 2.0%. Lower than top quartile of German dividend payers (4.6%). Lower than average of industry peers (2.8%).Valuation Update With 7 Day Price Move • Apr 20Investor sentiment improves as stock rises 25%After last week's 25% share price gain to €16.40, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 12x in the Consumer Durables industry in Germany. Total returns to shareholders of 6.8% over the past year. Simply Wall St's valuation model estimates the intrinsic value at €6.65 per share.Reported Earnings • Apr 14Full year 2022 earnings released: EPS: UK£0.72 (vs UK£0.38 in FY 2021)Full year 2022 results: EPS: UK£0.72 (up from UK£0.38 in FY 2021). Revenue: UK£82.5m (up 36% from FY 2021). Net income: UK£7.90m (up 90% from FY 2021). Profit margin: 9.6% (up from 6.8% in FY 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 9.1% p.a. on average during the next 2 years, compared to a 5.0% growth forecast for the Consumer Durables industry in Germany.공고 • Feb 15Churchill China plc Appoints Caroline Stephens to the Board as an Independent Non-Executive DirectorChurchill China PLC announced the appointment of Caroline Stephens to the board as an independent non-executive director with immediate effect. Caroline has also been appointed as member of the remuneration, audit and nomination committees. Caroline brings extensive experience to the Board, having served as a senior executive at Johnson & Johnson for over 25 years in multiple leadership roles including UK Marketing Director and having responsibility for the digital transformation of the EMEA consumer sector. Latterly, Caroline has been a consultant, adviser and director with roles including joining the Board of Tristel plc, an AIM listed infection prevention business as a Non-Executive Director, and the EMEA board of CI&T, a global digital solutions specialist.공고 • Dec 20+ 1 more updateChurchill China PLC Appoints Michael Cunningham as Company SecretaryChurchill China PLC announced that Michael Cunningham will be appointed as Company Secretary of the Company. The date Michael will join the Board will be announced in due course. Michael's appointment follows the Company's announcement on 13 December 2022 of the planned succession of David Taylor, who will step down as Finance Director and Company Secretary on 12 April 2023 following the completion and approval by the Board of the 2022 Annual Report. Michael brings considerable expertise to the Board, with over 20 years of financial experience including senior positions at quoted and private businesses. Michael joins the Company from AIM-quoted Surface Transforms plc, a manufacturer of advanced materials, where he is currently Chief Financial Officer. Prior to that, Michael held senior finance roles at Bentley Motors, Aquila Truck Centres and MAN Truck and Bus UK.공고 • Dec 14Churchill China plc Announces Succession of David Taylor, Finance Director on 12 April 2023Churchill China plc announced the planned succession of David Taylor, Finance Director who has served the Company for more than 30 years. David will stand down from the Board and the Company on 12 April 2023 following completion and approval of the Company's Annual Report for 2022 by the Board. The Company is at an advanced stage of recruitment of a successor and expects to announce the appointment of a new Chief Financial Officer in the near future. This change forms an integral part of the Company's succession planning process.공고 • Dec 13Churchill China plc Announces Succession of David Taylor, Company Secretary from the Board and the Company on 12 April 2023Churchill China plc announced the planned succession of David Taylor Company Secretary, who has served the Company for more than 30 years. David will stand down from the Board and the Company on 12 April 2023 following completion and approval of the Company's Annual Report for 2022 by the Board. The Company is at an advanced stage of recruitment of a successor and expects to announce the appointment of a new Chief Financial Officer in the near future. This change forms an integral part of the Company's succession planning process.Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 5 non-independent directors. Senior Independent Non Executive Director Brendan Hynes was the last independent director to join the board, commencing their role in 2013. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.공고 • Oct 12Churchill China plc Appoints Robin Williams as Non-Executive DirectorChurchill China plc announced the appointment of Robin Williams as a Non-executive Director of the Company with immediate effect. Robin is currently Independent Non-executive Chairman of Keystone Law Group plc, the challengerlaw firm, and FIH Group plc. Robin is also a Non-executive Director of Headlam Group plc. Until 31 March 2020, Robin was Chairman of Xaar plc and, until March 2018, of NHS Professionals Ltd. Robin is an engineering graduate and qualified chartered accountant with over 30 years' experience with listed companies, initially as an adviser and then as a CEO and co-founder of Britton Group plc and then as an executive director of Hepworth plc, the building materials business.Valuation Update With 7 Day Price Move • Sep 22Investor sentiment improved over the past weekAfter last week's 21% share price gain to €15.60, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 7x in the Consumer Durables industry in Germany. Total loss to shareholders of 22% over the past year. Simply Wall St's valuation model estimates the intrinsic value at €15.31 per share.Reported Earnings • Sep 14First half 2022 earnings released: EPS: UK£0.29 (vs UK£0.045 in 1H 2021)First half 2022 results: EPS: UK£0.29 (up from UK£0.045 in 1H 2021). Revenue: UK£41.4m (up 73% from 1H 2021). Net income: UK£3.19m (up UK£2.69m from 1H 2021). Profit margin: 7.7% (up from 2.1% in 1H 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 8.7% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Consumer Durables industry in Germany.공고 • Sep 13Churchill China plc Announces Interim Dividend, Payable on 30 September 2022Churchill China plc announced an interim dividend of 10.5 pence per share, a 57% increase on the 6.7 pence paid at this stage in 2021. This dividend will be payable on 30 September 2022 to shareholders on the register on 23 September 2022.Valuation Update With 7 Day Price Move • Sep 02Investor sentiment deteriorated over the past weekAfter last week's 18% share price decline to €11.60, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 8x in the Consumer Durables industry in Germany. Total loss to shareholders of 45% over the past year. Simply Wall St's valuation model estimates the intrinsic value at €13.47 per share.Recent Insider Transactions • Jun 29CEO & Executive Director recently sold €130k worth of stockOn the 24th of June, David O'Connor sold around 8k shares on-market at roughly €16.31 per share. This was the largest sale by an insider in the last 3 months. David has been a seller over the last 12 months, reducing personal holdings by €231k.Upcoming Dividend • May 25Upcoming dividend of UK£0.17 per shareEligible shareholders must have bought the stock before 01 June 2022. Payment date: 27 June 2022. Payout ratio is a comfortable 64% and this is well supported by cash flows. Trailing yield: 1.7%. Lower than top quartile of German dividend payers (4.3%). Lower than average of industry peers (3.0%).공고 • May 20+ 1 more updateChurchill China plc, Annual General Meeting, Jun 22, 2022Churchill China plc, Annual General Meeting, Jun 22, 2022, at 11:00 Coordinated Universal Time. Location: Company's head office, No.1 Marlborough Way Tunstall Stoke On Trent United KingdomReported Earnings • Apr 27Full year 2021 earnings released: EPS: UK£0.38 (vs UK£0.01 in FY 2020)Full year 2021 results: EPS: UK£0.38 (up from UK£0.01 in FY 2020). Revenue: UK£60.8m (up 67% from FY 2020). Net income: UK£4.17m (up UK£4.05m from FY 2020). Profit margin: 6.8% (up from 0.3% in FY 2020). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 23%, compared to a 9.0% growth forecast for the industry in Germany.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. 2 experienced directors. 4 highly experienced directors. 3 independent directors (4 non-independent directors). Independent Non-Executive Director Angela Bromfield was the last independent director to join the board, commencing their role in 2016. 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 • Apr 22Full year 2021 earnings released: EPS: UK£0.38 (vs UK£0.01 in FY 2020)Full year 2021 results: EPS: UK£0.38 (up from UK£0.01 in FY 2020). Revenue: UK£60.8m (up 67% from FY 2020). Net income: UK£4.17m (up UK£4.05m from FY 2020). Profit margin: 6.8% (up from 0.3% in FY 2020). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 23%, compared to a 9.1% growth forecast for the industry in Germany.공고 • Apr 22Churchill China plc Proposes Final Dividend for 2021, Payable on 27 June 2022Churchill China plc proposed a final dividend of 17.3 pence (2020: nil) per ordinary share. This gives a total for the year of 24.0 pence (2020: nil) per ordinary share. This dividend will be payable on 27 June 2022 to shareholders on the register on 6 June 2022.공고 • Apr 01Churchill China plc to Report Fiscal Year 2021 Results on Apr 21, 2022Churchill China plc announced that they will report fiscal year 2021 results on Apr 21, 2022Recent Insider Transactions • Sep 22Finance Director recently sold €205k worth of stockOn the 17th of September, David J. Taylor sold around 9k shares on-market at roughly €22.72 per share. This was the largest sale by an insider in the last 3 months. This was David J.'s only on-market trade for the last 12 months.Reported Earnings • Sep 05First half 2021 earnings released: EPS UK£0.045 (vs UK£0.029 loss in 1H 2020)The company reported a strong first half result with improved earnings, revenues and profit margins. First half 2021 results: Revenue: UK£23.9m (up 27% from 1H 2020). Net income: UK£497.0k (up UK£813.0k from 1H 2020). Profit margin: 2.1% (up from net loss in 1H 2020).Upcoming Dividend • Jul 29Upcoming dividend of UK£0.067 per shareEligible shareholders must have bought the stock before 05 August 2021. Payment date: 03 September 2021. Trailing yield: 0.8%. Lower than top quartile of German dividend payers (3.2%). Lower than average of industry peers (2.3%).Reported Earnings • Apr 21Full year 2020 earnings releasedThe company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: UK£36.4m (down 46% from FY 2019). Net income: UK£113.0k (down 99% from FY 2019). Profit margin: 0.3% (down from 13% in FY 2019).Valuation Update With 7 Day Price Move • Feb 25Investor sentiment improved over the past weekAfter last week's 16% share price gain to UK£16.60, the stock is trading at a trailing P/E ratio of 27.5x, up from the previous P/E ratio of 23.7x. This compares to an average P/E of 28x in the Consumer Durables industry in Germany.이익 및 매출 성장 예측BST:EQW - 애널리스트 향후 추정치 및 과거 재무 데이터 (GBP Millions)날짜매출이익자유현금흐름영업현금흐름평균 애널리스트 수12/31/202880547212/31/202779546212/31/202677414212/31/202576457N/A9/30/202576546N/A6/30/202576525N/A3/31/202577615N/A12/31/202478614N/A9/30/202479715N/A6/30/202479826N/A3/31/202481837N/A12/31/202382838N/A9/30/202384816N/A6/30/2023858-23N/A3/31/2023848-13N/A12/31/2022838-14N/A9/30/202280727N/A6/30/2022787511N/A3/31/2022706610N/A12/31/2021614610N/A9/30/202151324N/A6/30/2021411-3-1N/A3/31/2021391-20N/A12/31/2020360-11N/A9/30/202045336N/A6/30/2020545711N/A3/31/2020617510N/A12/31/2019689410N/A9/30/2019659N/A9N/A6/30/2019628N/A8N/A3/31/2019608N/A7N/A12/31/2018577N/A7N/A9/30/2018567N/A7N/A6/30/2018557N/A7N/A3/31/2018547N/A7N/A12/31/2017546N/A7N/A9/30/2017536N/A6N/A6/30/2017536N/A5N/A3/31/2017526N/A6N/A12/31/2016515N/A6N/A9/30/2016505N/A6N/A6/30/2016494N/A6N/A3/31/2016484N/A5N/A12/31/2015474N/A4N/A9/30/2015464N/A4N/A더 보기애널리스트 향후 성장 전망수입 대 저축률: EQW 의 연간 예상 수익 증가율(4.6%)이 saving rate(2.1%)보다 높습니다.수익 vs 시장: EQW 의 연간 수익(4.6%)이 German 시장(15.3%)보다 느리게 성장할 것으로 예상됩니다.고성장 수익: EQW 의 수입은 증가할 것으로 예상되지만 상당히 증가하지는 않을 것입니다.수익 대 시장: EQW 의 수익(연간 1.7%)이 German 시장(연간 6.8%)보다 느리게 성장할 것으로 예상됩니다.고성장 매출: EQW 의 수익(연간 1.7%)은 연간 20%보다 느리게 증가할 것으로 예상됩니다.주당순이익 성장 예측향후 자기자본이익률미래 ROE: EQW의 자본 수익률은 3년 후 7.2%로 낮을 것으로 예상됩니다.성장 기업 찾아보기7D1Y7D1Y7D1YConsumer-durables 산업의 고성장 기업.View Past Performance기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/08/16 13:15종가2026/08/14 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 모델의 세부 정보는 당사의 GitHub 페이지에서 확인하실 수 있습니다. 또한 보고서 사용 방법에 대한 가이드와 YouTube 튜토리얼도 제공하고 있습니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Churchill China plc는 4명의 분석가가 다루고 있습니다. 이 중 2명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Nicola MallardInvestec Bank plc (UK)Matthew WebbInvestec Bank plc (UK)Benedict Anthony John HuntPanmure Liberum1명의 분석가 더 보기
Valuation Update With 7 Day Price Move • Jul 23Investor sentiment improves as stock rises 15%After last week's 15% share price gain to €4.22, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 11x in the Consumer Durables industry in Europe. Total loss to shareholders of 69% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €6.39 per share.
Board Change • Jul 01Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 4 experienced directors. 2 highly experienced directors. Senior Independent Director Martin Payne was the last director to join the board, commencing their role in 2024. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Recent Insider Transactions • Apr 22Board Member recently bought €119k worth of stockOn the 17th of April, James Roper bought around 30k shares on-market at roughly €3.95 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. Insiders have collectively bought €164k more in shares than they have sold in the last 12 months.
Valuation Update With 7 Day Price Move • Apr 20Investor sentiment improves as stock rises 20%After last week's 20% share price gain to €3.92, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 11x in the Consumer Durables industry in Europe. Total loss to shareholders of 74% over the past three years.
Declared Dividend • Apr 15Final dividend of UK£0.14 announcedShareholders will receive a dividend of UK£0.14. Ex-date: 30th April 2026 Payment date: 4th June 2026 Dividend yield will be 6.7%, which is higher than the industry average of 2.5%. Sustainability & Growth Dividend is covered by both earnings (47% earnings payout ratio) and cash flows (74% cash payout ratio). The dividend has increased by an average of 7.6% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 14% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Reported Earnings • Apr 14Full year 2025 earnings released: EPS: UK£0.40 (vs UK£0.58 in FY 2024)Full year 2025 results: EPS: UK£0.40 (down from UK£0.58 in FY 2024). Revenue: UK£76.3m (down 2.6% from FY 2024). Net income: UK£4.36m (down 32% from FY 2024). Profit margin: 5.7% (down from 8.1% in FY 2024). Revenue is forecast to grow 1.9% p.a. on average during the next 3 years, compared to a 5.3% growth forecast for the Consumer Durables industry in Europe. Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has fallen by 42% per year, which means it is performing significantly worse than earnings.
공고 • Apr 13Churchill China plc, Annual General Meeting, May 29, 2026Churchill China plc, Annual General Meeting, May 29, 2026.
공고 • Apr 01Churchill China plc to Report Fiscal Year 2025 Final Results on Apr 13, 2026Churchill China plc announced that they will report fiscal year 2025 final results at 8:00 AM, GMT Standard Time on Apr 13, 2026
New Risk • Mar 22New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2025. 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: Major Risk Earnings are forecast to decline by an average of 6.9% per year for the foreseeable future. Minor Risks Latest financial reports are more than 6 months old (reported June 2025 fiscal period end). Dividend is not well covered by cash flows (163% cash payout ratio). Profit margins are more than 30% lower than last year (6.7% net profit margin). Market cap is less than US$100m (€39.7m market cap, or US$45.9m).
Buy Or Sell Opportunity • Mar 21Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 5.0% to €3.44. The fair value is estimated to be €4.32, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 8.8%. Revenue is forecast to grow by 0.4% in a year. Earnings are forecast to decline by 11% in the next year.
New Risk • Mar 18New 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 8.2% 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 Earnings are forecast to decline by an average of 6.9% per year for the foreseeable future. Minor Risks Dividend is not well covered by cash flows (163% cash payout ratio). Share price has been volatile over the past 3 months (8.2% average weekly change). Profit margins are more than 30% lower than last year (6.7% net profit margin). Market cap is less than US$100m (€40.1m market cap, or US$46.3m).
Valuation Update With 7 Day Price Move • Jan 26Investor sentiment improves as stock rises 19%After last week's 19% share price gain to €4.32, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 12x in the Consumer Durables industry in Europe. Total loss to shareholders of 65% over the past three years.
Reported Earnings • Sep 05First half 2025 earnings released: EPS: UK£0.21 (vs UK£0.33 in 1H 2024)First half 2025 results: EPS: UK£0.21 (down from UK£0.33 in 1H 2024). Revenue: UK£38.5m (down 5.2% from 1H 2024). Net income: UK£2.31m (down 36% from 1H 2024). Profit margin: 6.0% (down from 8.9% in 1H 2024). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 1.3% p.a. on average during the next 2 years, compared to a 6.4% growth forecast for the Consumer Durables industry in Europe. Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has fallen by 27% per year, which means it is performing significantly worse than earnings.
공고 • Sep 04Churchill China plc Announces Interim Dividend for the Six Months Ended June 30, 2025, Payable on 10 October 2025Churchill China plc announced interim dividend of 7.0 pence per share (H1 2024: 11.5 pence per share, FY2024: 38.0 pence per share) for the six months ended June 30, 2025 will be paid, a decrease of 39.1% on the previous year. The dividend will be paid on 10 October 2025 to shareholders on the register as at 12 September 2025.
New Risk • Sep 03New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 6.9% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 6.9% per year for the foreseeable future. Minor Risks Dividend is not well covered by cash flows (185% cash payout ratio). Profit margins are more than 30% lower than last year (6.7% net profit margin). Market cap is less than US$100m (€53.9m market cap, or US$62.8m).
공고 • Aug 11Churchill China plc to Report First Half, 2025 Results on Sep 03, 2025Churchill China plc announced that they will report first half, 2025 results on Sep 03, 2025
New Risk • Jul 17New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 18% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Shares are highly illiquid. Earnings are forecast to decline by an average of 18% per year for the foreseeable future. Minor Risks Dividend is not well covered by cash flows (0% cash payout ratio). Market cap is less than US$100m (€72.9m market cap, or US$84.7m).
Valuation Update With 7 Day Price Move • May 28Investor sentiment improves as stock rises 16%After last week's 16% share price gain to €7.00, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 13x in the Consumer Durables industry in Europe. Total loss to shareholders of 48% over the past three years.
공고 • May 08Churchill China plc, Annual General Meeting, May 29, 2025Churchill China plc, Annual General Meeting, May 29, 2025. Location: the companys head office, no 1 marlborough way, tunstall, st6 5nz, stoke on trent United Kingdom
Upcoming Dividend • Apr 24Upcoming dividend of UK£0.27 per shareEligible shareholders must have bought the stock before 01 May 2025. Payment date: 05 June 2025. Payout ratio is a comfortable 64% but the company is paying out more than the cash it is generating. Trailing yield: 6.5%. Within top quartile of German dividend payers (4.5%). Higher than average of industry peers (4.4%).
Valuation Update With 7 Day Price Move • Apr 16Investor sentiment improves as stock rises 21%After last week's 21% share price gain to €6.25, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 11x in the Consumer Durables industry in Europe. Total loss to shareholders of 55% over the past three years.
Reported Earnings • Apr 09Full year 2024 earnings released: EPS: UK£0.58 (vs UK£0.70 in FY 2023)Full year 2024 results: EPS: UK£0.58 (down from UK£0.70 in FY 2023). Revenue: UK£78.3m (down 4.9% from FY 2023). Net income: UK£6.37m (down 18% from FY 2023). Profit margin: 8.1% (down from 9.4% in FY 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 2.3% p.a. on average during the next 2 years, compared to a 6.4% growth forecast for the Consumer Durables industry in Europe. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has fallen by 31% per year, which means it is significantly lagging earnings.
공고 • Apr 09Churchill China plc Proposes Final Dividend for the Year 2024Churchill China plc proposed a final dividend of 26.5 pence per share giving a total dividend of 38.0 pence per share for the year. Whilst profitability is down for the year, the level of dividend highlights the Board's belief that the Company can continue to make sustainable cash flows, and that the underlying performance of the business has the potential for sustainable growth.
공고 • Mar 26Churchill China plc to Report Fiscal Year 2024 Results on Apr 09, 2025Churchill China plc announced that they will report fiscal year 2024 results at 8:00 AM, GMT Standard Time on Apr 09, 2025
New Risk • Mar 24New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2024. 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: Major Risk Earnings are forecast to decline by an average of 3.6% per year for the foreseeable future. Minor Risks Latest financial reports are more than 6 months old (reported June 2024 fiscal period end). Dividend is not well covered by cash flows (186% cash payout ratio). Market cap is less than US$100m (€67.0m market cap, or US$72.5m).
Valuation Update With 7 Day Price Move • Mar 12Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to €5.40, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 12x in the Consumer Durables industry in Europe. Total loss to shareholders of 64% over the past three years.
New Risk • Jan 22New 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 Risks Share price has been highly volatile over the past 3 months (11% average weekly change). Earnings are forecast to decline by an average of 3.6% per year for the foreseeable future. Minor Risks Dividend is not well covered by cash flows (186% cash payout ratio). Market cap is less than US$100m (€74.1m market cap, or US$77.2m).
Valuation Update With 7 Day Price Move • Jan 21Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to €6.25, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 13x in the Consumer Durables industry in Europe. Total loss to shareholders of 62% over the past three years.
Buy Or Sell Opportunity • Dec 09Now 24% undervalued after recent price dropOver the last 90 days, the stock has fallen 15% to €8.70. The fair value is estimated to be €11.41, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 15% over the last 3 years. Earnings per share has grown by 32%. Revenue is forecast to grow by 2.3% in 2 years. Earnings are forecast to decline by 15% in the next 2 years.
Valuation Update With 7 Day Price Move • Dec 06Investor sentiment improves as stock rises 22%After last week's 22% share price gain to €9.50, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 12x in the Consumer Durables industry in Europe. Total loss to shareholders of 48% over the past three years.
New Risk • Nov 22New 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 6.1% 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 Earnings are forecast to decline by an average of 3.6% per year for the foreseeable future. Minor Risks Dividend is not well covered by cash flows (186% cash payout ratio). Share price has been volatile over the past 3 months (6.1% average weekly change). Market cap is less than US$100m (€92.5m market cap, or US$96.9m).
Buy Or Sell Opportunity • Nov 21Now 33% undervalued after recent price dropOver the last 90 days, the stock has fallen 42% to €7.50. The fair value is estimated to be €11.19, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 15% over the last 3 years. Earnings per share has grown by 32%. Revenue is forecast to grow by 2.3% in 2 years. Earnings are forecast to decline by 15% in the next 2 years.
New Risk • Nov 20New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 3.6% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 3.6% per year for the foreseeable future. Minor Risks Dividend is not well covered by cash flows (186% cash payout ratio). Market cap is less than US$100m (€92.5m market cap, or US$97.3m).
Buy Or Sell Opportunity • Oct 29Now 22% undervalued after recent price dropOver the last 90 days, the stock has fallen 28% to €9.25. The fair value is estimated to be €11.84, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 15% over the last 3 years. Earnings per share has grown by 32%. Revenue is forecast to grow by 19% in 2 years. Earnings are forecast to grow by 19% in the next 2 years.
Recent Insider Transactions • Oct 15Board Member recently bought €1.0m worth of stockOn the 11th of October, James Roper bought around 100k shares on-market at roughly €10.15 per share. This transaction amounted to 11% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought €1.0m more in shares than they have sold in the last 12 months.
Valuation Update With 7 Day Price Move • Sep 12Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to €10.20, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 13x in the Consumer Durables industry in Europe. Total loss to shareholders of 49% over the past three years.
Declared Dividend • Sep 08First half dividend of UK£0.12 announcedShareholders will receive a dividend of UK£0.12. Ex-date: 12th September 2024 Payment date: 11th October 2024 Dividend yield will be 3.9%, which is higher than the industry average of 2.5%. Sustainability & Growth Dividend is covered by earnings (51% earnings payout ratio) but not covered by cash flows (183% cash payout ratio). The dividend has increased by an average of 9.4% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 21% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
공고 • Sep 05Churchill China plc Announces Interim Dividend for the Six Months Ended 30 June, 2024, Payable on 11 October 2024Churchill China plc announced that an interim dividend of 11.5 pence per share for the six months ended 30 June, 2024 (first half 2023: 11.0 pence per share,fiscal year 2023: 36.0 pence per share) will be paid, an increase of 4.5% on the previous year. The company continues to have the aim to progressively increase its dividend, highlighting the Board's confidence in the business. This dividend will be payable on 11 October 2024 to shareholders on the register at 13 September 2024.
공고 • Jul 24Churchill China plc to Report First Half, 2024 Results on Sep 05, 2024Churchill China plc announced that they will report first half, 2024 results on Sep 05, 2024
Buy Or Sell Opportunity • Jul 08Now 22% overvalued after recent price riseOver the last 90 days, the stock has risen 17% to €13.10. The fair value is estimated to be €10.70, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 27% over the last 3 years. Earnings per share has grown by 58%. For the next 3 years, revenue is forecast to grow by 5.3% per annum. Earnings are also forecast to grow by 6.4% per annum over the same time period.
Buy Or Sell Opportunity • Jun 03Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 2.5% to €12.10. The fair value is estimated to be €10.00, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 27% over the last 3 years. Earnings per share has grown by 58%. For the next 3 years, revenue is forecast to grow by 5.3% per annum. Earnings are also forecast to grow by 6.4% per annum over the same time period.
공고 • May 12Churchill China plc, Annual General Meeting, Jun 05, 2024Churchill China plc, Annual General Meeting, Jun 05, 2024. Location: the companys head office, no 1 marlborough way, sandyford, tunstall, st6 5nz, stoke on trent United Kingdom
Upcoming Dividend • May 09Upcoming dividend of UK£0.25 per shareEligible shareholders must have bought the stock before 16 May 2024. Payment date: 17 June 2024. Payout ratio is a comfortable 51% but the company is paying out more than the cash it is generating. Trailing yield: 3.1%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (4.1%).
Valuation Update With 7 Day Price Move • Apr 17Investor sentiment improves as stock rises 15%After last week's 15% share price gain to €12.90, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 10x in the Consumer Durables industry in Germany. Total loss to shareholders of 15% over the past three years.
Buy Or Sell Opportunity • Apr 11Now 21% overvaluedOver the last 90 days, the stock has fallen 22% to €11.80. The fair value is estimated to be €9.77, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 27% over the last 3 years. Earnings per share has grown by 58%. For the next 3 years, revenue is forecast to grow by 5.3% per annum. Earnings are also forecast to grow by 6.4% per annum over the same time period.
공고 • Apr 11Churchill China plc Proposes Final Dividend, Payable on 17 June 2024Churchill China plc proposed a final dividend of 25.0 pence per share, giving a total dividend of 36.0 pence per share for the year, a 14.3% increase on the 31.5 pence paid in relation to 2022. The final dividend will be payable on 17 June 2024 to shareholders on the register on 17 May 2024.
Reported Earnings • Apr 10Full year 2023 earnings released: EPS: UK£0.70 (vs UK£0.72 in FY 2022)Full year 2023 results: EPS: UK£0.70 (down from UK£0.72 in FY 2022). Revenue: UK£82.3m (flat on FY 2022). Net income: UK£7.72m (down 2.3% from FY 2022). Profit margin: 9.4% (in line with FY 2022). Revenue is forecast to grow 5.3% p.a. on average during the next 3 years, compared to a 5.4% growth forecast for the Consumer Durables industry in Germany. Over the last 3 years on average, earnings per share has increased by 58% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings.
New Risk • Apr 01New 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: Major Risk High level of non-cash earnings (27% accrual ratio). 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 (7.1% average weekly change).
공고 • Mar 28Churchill China plc to Report Q4, 2023 Results on Apr 10, 2024Churchill China plc announced that they will report Q4, 2023 results on Apr 10, 2024
New Risk • Mar 06New 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 7.5% 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: Major Risk High level of non-cash earnings (27% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (7.5% average weekly change).
Valuation Update With 7 Day Price Move • Feb 28Investor sentiment deteriorates as stock falls 21%After last week's 21% share price decline to €10.70, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 12x in the Consumer Durables industry in Germany. Total loss to shareholders of 22% over the past three years.
공고 • Jan 16Churchill China plc Appoints Martin Payne to the Board as Non-Executive DirectorChurchill China plc announced the appointment of Martin Payne to the Board as a Non-Executive Director with immediate effect. Martin has also been appointed as a member of the remuneration, audit and nomination committees. Having served on the Board for over 10 years, Brendan Hynes non-executive director will step down from the Board on 4 June, and Martin will assume the role of Senior Independent Director and will become Chair of the Audit Committee following the announcement of the 2023 results in April. Martin brings a wealth of previous experience to the board having served as CFO and CEO of Genuit Group plc and with extensive experience within the ceramics industry as Financial Director of Johnsons Tiles and as CFO of Norcros plc. Since 2021 Martin has been the Chair of the Audit Committee at Stelrad plc. A qualified Management Accountant, Martin has over 30 years of manufacturing experience including a brief spell within the pottery industry and has also served as Chairman of the Construction Products Association.
Reported Earnings • Sep 17First half 2023 earnings released: EPS: UK£0.32 (vs UK£0.29 in 1H 2022)First half 2023 results: EPS: UK£0.32 (up from UK£0.29 in 1H 2022). Revenue: UK£44.0m (up 6.4% from 1H 2022). Net income: UK£3.50m (up 9.9% from 1H 2022). Profit margin: 8.0% (up from 7.7% in 1H 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.6% p.a. on average during the next 3 years, compared to a 6.6% growth forecast for the Consumer Durables industry in Germany.
공고 • Sep 14Churchill China plc Recommends Interim Dividend for the Six Months Ended 30 June, 2023, Payable on 13 October 2023The Directors of Churchill China plc recommended an interim dividend of 11.0 pence per share (first half 2022: 10.5 pence per share, fiscal year 2022: 31.5 pence per share) an increase of approximately 5% on the previous year despite the increase in corporation tax in the current year to 25% (2022: 19%). This dividend will be payable on 13 October 2023 to shareholders on the register at 22 September 2023.
공고 • Jul 18Churchill China plc to Report First Half, 2023 Results on Sep 14, 2023Churchill China plc announced that they will report first half, 2023 results on Sep 14, 2023
공고 • Jun 09+ 2 more updatesChurchill China plc Appoints Michael Cunningham as A Board DirectorChurchill China plc appointed Michael Cunningham as a Board Director of the Group with immediate effect.
공고 • May 12Churchill China plc, Annual General Meeting, Jun 08, 2023Churchill China plc, Annual General Meeting, Jun 08, 2023, at 11:00 Coordinated Universal Time. Location: No.1 Marlborough Way, Tunstall, Tunstall United Kingdom
Upcoming Dividend • May 11Upcoming dividend of UK£0.21 per share at 2.0% yieldEligible shareholders must have bought the stock before 18 May 2023. Payment date: 23 June 2023. Payout ratio is a comfortable 44% but the company is not cash flow positive. Trailing yield: 2.0%. Lower than top quartile of German dividend payers (4.6%). Lower than average of industry peers (2.8%).
Valuation Update With 7 Day Price Move • Apr 20Investor sentiment improves as stock rises 25%After last week's 25% share price gain to €16.40, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 12x in the Consumer Durables industry in Germany. Total returns to shareholders of 6.8% over the past year. Simply Wall St's valuation model estimates the intrinsic value at €6.65 per share.
Reported Earnings • Apr 14Full year 2022 earnings released: EPS: UK£0.72 (vs UK£0.38 in FY 2021)Full year 2022 results: EPS: UK£0.72 (up from UK£0.38 in FY 2021). Revenue: UK£82.5m (up 36% from FY 2021). Net income: UK£7.90m (up 90% from FY 2021). Profit margin: 9.6% (up from 6.8% in FY 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 9.1% p.a. on average during the next 2 years, compared to a 5.0% growth forecast for the Consumer Durables industry in Germany.
공고 • Feb 15Churchill China plc Appoints Caroline Stephens to the Board as an Independent Non-Executive DirectorChurchill China PLC announced the appointment of Caroline Stephens to the board as an independent non-executive director with immediate effect. Caroline has also been appointed as member of the remuneration, audit and nomination committees. Caroline brings extensive experience to the Board, having served as a senior executive at Johnson & Johnson for over 25 years in multiple leadership roles including UK Marketing Director and having responsibility for the digital transformation of the EMEA consumer sector. Latterly, Caroline has been a consultant, adviser and director with roles including joining the Board of Tristel plc, an AIM listed infection prevention business as a Non-Executive Director, and the EMEA board of CI&T, a global digital solutions specialist.
공고 • Dec 20+ 1 more updateChurchill China PLC Appoints Michael Cunningham as Company SecretaryChurchill China PLC announced that Michael Cunningham will be appointed as Company Secretary of the Company. The date Michael will join the Board will be announced in due course. Michael's appointment follows the Company's announcement on 13 December 2022 of the planned succession of David Taylor, who will step down as Finance Director and Company Secretary on 12 April 2023 following the completion and approval by the Board of the 2022 Annual Report. Michael brings considerable expertise to the Board, with over 20 years of financial experience including senior positions at quoted and private businesses. Michael joins the Company from AIM-quoted Surface Transforms plc, a manufacturer of advanced materials, where he is currently Chief Financial Officer. Prior to that, Michael held senior finance roles at Bentley Motors, Aquila Truck Centres and MAN Truck and Bus UK.
공고 • Dec 14Churchill China plc Announces Succession of David Taylor, Finance Director on 12 April 2023Churchill China plc announced the planned succession of David Taylor, Finance Director who has served the Company for more than 30 years. David will stand down from the Board and the Company on 12 April 2023 following completion and approval of the Company's Annual Report for 2022 by the Board. The Company is at an advanced stage of recruitment of a successor and expects to announce the appointment of a new Chief Financial Officer in the near future. This change forms an integral part of the Company's succession planning process.
공고 • Dec 13Churchill China plc Announces Succession of David Taylor, Company Secretary from the Board and the Company on 12 April 2023Churchill China plc announced the planned succession of David Taylor Company Secretary, who has served the Company for more than 30 years. David will stand down from the Board and the Company on 12 April 2023 following completion and approval of the Company's Annual Report for 2022 by the Board. The Company is at an advanced stage of recruitment of a successor and expects to announce the appointment of a new Chief Financial Officer in the near future. This change forms an integral part of the Company's succession planning process.
Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 5 non-independent directors. Senior Independent Non Executive Director Brendan Hynes was the last independent director to join the board, commencing their role in 2013. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
공고 • Oct 12Churchill China plc Appoints Robin Williams as Non-Executive DirectorChurchill China plc announced the appointment of Robin Williams as a Non-executive Director of the Company with immediate effect. Robin is currently Independent Non-executive Chairman of Keystone Law Group plc, the challengerlaw firm, and FIH Group plc. Robin is also a Non-executive Director of Headlam Group plc. Until 31 March 2020, Robin was Chairman of Xaar plc and, until March 2018, of NHS Professionals Ltd. Robin is an engineering graduate and qualified chartered accountant with over 30 years' experience with listed companies, initially as an adviser and then as a CEO and co-founder of Britton Group plc and then as an executive director of Hepworth plc, the building materials business.
Valuation Update With 7 Day Price Move • Sep 22Investor sentiment improved over the past weekAfter last week's 21% share price gain to €15.60, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 7x in the Consumer Durables industry in Germany. Total loss to shareholders of 22% over the past year. Simply Wall St's valuation model estimates the intrinsic value at €15.31 per share.
Reported Earnings • Sep 14First half 2022 earnings released: EPS: UK£0.29 (vs UK£0.045 in 1H 2021)First half 2022 results: EPS: UK£0.29 (up from UK£0.045 in 1H 2021). Revenue: UK£41.4m (up 73% from 1H 2021). Net income: UK£3.19m (up UK£2.69m from 1H 2021). Profit margin: 7.7% (up from 2.1% in 1H 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 8.7% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Consumer Durables industry in Germany.
공고 • Sep 13Churchill China plc Announces Interim Dividend, Payable on 30 September 2022Churchill China plc announced an interim dividend of 10.5 pence per share, a 57% increase on the 6.7 pence paid at this stage in 2021. This dividend will be payable on 30 September 2022 to shareholders on the register on 23 September 2022.
Valuation Update With 7 Day Price Move • Sep 02Investor sentiment deteriorated over the past weekAfter last week's 18% share price decline to €11.60, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 8x in the Consumer Durables industry in Germany. Total loss to shareholders of 45% over the past year. Simply Wall St's valuation model estimates the intrinsic value at €13.47 per share.
Recent Insider Transactions • Jun 29CEO & Executive Director recently sold €130k worth of stockOn the 24th of June, David O'Connor sold around 8k shares on-market at roughly €16.31 per share. This was the largest sale by an insider in the last 3 months. David has been a seller over the last 12 months, reducing personal holdings by €231k.
Upcoming Dividend • May 25Upcoming dividend of UK£0.17 per shareEligible shareholders must have bought the stock before 01 June 2022. Payment date: 27 June 2022. Payout ratio is a comfortable 64% and this is well supported by cash flows. Trailing yield: 1.7%. Lower than top quartile of German dividend payers (4.3%). Lower than average of industry peers (3.0%).
공고 • May 20+ 1 more updateChurchill China plc, Annual General Meeting, Jun 22, 2022Churchill China plc, Annual General Meeting, Jun 22, 2022, at 11:00 Coordinated Universal Time. Location: Company's head office, No.1 Marlborough Way Tunstall Stoke On Trent United Kingdom
Reported Earnings • Apr 27Full year 2021 earnings released: EPS: UK£0.38 (vs UK£0.01 in FY 2020)Full year 2021 results: EPS: UK£0.38 (up from UK£0.01 in FY 2020). Revenue: UK£60.8m (up 67% from FY 2020). Net income: UK£4.17m (up UK£4.05m from FY 2020). Profit margin: 6.8% (up from 0.3% in FY 2020). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 23%, compared to a 9.0% growth forecast for the industry in Germany.
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. 2 experienced directors. 4 highly experienced directors. 3 independent directors (4 non-independent directors). Independent Non-Executive Director Angela Bromfield was the last independent director to join the board, commencing their role in 2016. 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 • Apr 22Full year 2021 earnings released: EPS: UK£0.38 (vs UK£0.01 in FY 2020)Full year 2021 results: EPS: UK£0.38 (up from UK£0.01 in FY 2020). Revenue: UK£60.8m (up 67% from FY 2020). Net income: UK£4.17m (up UK£4.05m from FY 2020). Profit margin: 6.8% (up from 0.3% in FY 2020). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 23%, compared to a 9.1% growth forecast for the industry in Germany.
공고 • Apr 22Churchill China plc Proposes Final Dividend for 2021, Payable on 27 June 2022Churchill China plc proposed a final dividend of 17.3 pence (2020: nil) per ordinary share. This gives a total for the year of 24.0 pence (2020: nil) per ordinary share. This dividend will be payable on 27 June 2022 to shareholders on the register on 6 June 2022.
공고 • Apr 01Churchill China plc to Report Fiscal Year 2021 Results on Apr 21, 2022Churchill China plc announced that they will report fiscal year 2021 results on Apr 21, 2022
Recent Insider Transactions • Sep 22Finance Director recently sold €205k worth of stockOn the 17th of September, David J. Taylor sold around 9k shares on-market at roughly €22.72 per share. This was the largest sale by an insider in the last 3 months. This was David J.'s only on-market trade for the last 12 months.
Reported Earnings • Sep 05First half 2021 earnings released: EPS UK£0.045 (vs UK£0.029 loss in 1H 2020)The company reported a strong first half result with improved earnings, revenues and profit margins. First half 2021 results: Revenue: UK£23.9m (up 27% from 1H 2020). Net income: UK£497.0k (up UK£813.0k from 1H 2020). Profit margin: 2.1% (up from net loss in 1H 2020).
Upcoming Dividend • Jul 29Upcoming dividend of UK£0.067 per shareEligible shareholders must have bought the stock before 05 August 2021. Payment date: 03 September 2021. Trailing yield: 0.8%. Lower than top quartile of German dividend payers (3.2%). Lower than average of industry peers (2.3%).
Reported Earnings • Apr 21Full year 2020 earnings releasedThe company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: UK£36.4m (down 46% from FY 2019). Net income: UK£113.0k (down 99% from FY 2019). Profit margin: 0.3% (down from 13% in FY 2019).
Valuation Update With 7 Day Price Move • Feb 25Investor sentiment improved over the past weekAfter last week's 16% share price gain to UK£16.60, the stock is trading at a trailing P/E ratio of 27.5x, up from the previous P/E ratio of 23.7x. This compares to an average P/E of 28x in the Consumer Durables industry in Germany.