NSX:AB9

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Aobo Environmental Technology

Market Cap

AU$85.0m

Last Updated

2021/06/21 08:17 UTC

Data Sources

Company Financials

Executive Summary

Aobo Environmental Technology Limited, together with its subsidiaries, provides environmental solutions primarily in the People’s Republic of China. More Details


Snowflake Analysis

Mediocre balance sheet and slightly overvalued.


Similar Companies

Share Price & News

How has Aobo Environmental Technology's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: Insufficient data to determine AB9's volatility over the past 3 months.

Volatility Over Time: Insufficient data to determine AB9's volatility change over the past year.


Market Performance


7 Day Return

4.8%

AB9

-0.6%

AU Machinery

0.3%

AU Market


1 Year Return

n/a

AB9

110.8%

AU Machinery

27.8%

AU Market

Return vs Industry: Insufficient data to determine how AB9 performed against the Australian Machinery industry.

Return vs Market: Insufficient data to determine how AB9 performed against the Australian Market.


Shareholder returns

AB9IndustryMarket
7 Day4.8%-0.6%0.3%
30 Dayn/a11.4%4.6%
90 Dayn/a45.0%8.6%
1 Yearn/a113.5%110.8%32.0%27.8%
3 Yearn/a49.0%45.9%34.0%18.0%
5 Yearn/a0.07%-5.4%74.9%42.5%

Long-Term Price Volatility Vs. Market

How volatile is Aobo Environmental Technology's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Aobo Environmental Technology undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: AB9 (A$0.44) is trading below our estimate of fair value (A$1.32)

Significantly Below Fair Value: AB9 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: AB9 is unprofitable, so we can't compare its PE Ratio to the Australian Machinery industry average.

PE vs Market: AB9 is unprofitable, so we can't compare its PE Ratio to the Australian market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate AB9's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: AB9 is overvalued based on its PB Ratio (8x) compared to the AU Machinery industry average (1.8x).


Future Growth

How is Aobo Environmental Technology forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

48.5%

Forecasted Capital Goods industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Aobo Environmental Technology has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Past Performance

How has Aobo Environmental Technology performed over the past 5 years?

-40.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: AB9 is currently unprofitable.

Growing Profit Margin: AB9 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: AB9 is unprofitable, and losses have increased over the past 5 years at a rate of 40% per year.

Accelerating Growth: Unable to compare AB9's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: AB9 is unprofitable, making it difficult to compare its past year earnings growth to the Machinery industry (39.8%).


Return on Equity

High ROE: AB9 has a negative Return on Equity (-0.57%), as it is currently unprofitable.


Financial Health

How is Aobo Environmental Technology's financial position?


Financial Position Analysis

Short Term Liabilities: AB9's short term assets (A$16.2M) exceed its short term liabilities (A$15.2M).

Long Term Liabilities: AB9 has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: AB9's debt to equity ratio (53.6%) is considered high.

Reducing Debt: Insufficient data to determine if AB9's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: AB9's debt is well covered by operating cash flow (45.5%).

Interest Coverage: Insufficient data to determine if AB9's interest payments on its debt are well covered by EBIT.


Balance Sheet


Dividend

What is Aobo Environmental Technology current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate AB9's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate AB9's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if AB9's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if AB9's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of AB9's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

1.8yrs

Average board tenure


CEO

Jiangang Zhang

2.17yrs

Tenure

Mr. Jiangang Zhang is the Chief Executive Officer and Executive Director at Aobo Environmental Technology Limited since April 29, 2019. Mr. Zhang oversees Aobo’s operation and production and is responsible...


Board Members

Experienced Board: AB9's board of directors are not considered experienced ( 1.8 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: AB9 only recently listed within the past 12 months.


Top Shareholders

Company Information

Aobo Environmental Technology Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Aobo Environmental Technology Limited
  • Ticker: AB9
  • Exchange: NSX
  • Founded: 1999
  • Industry: Industrial Machinery
  • Sector: Capital Goods
  • Market Cap: AU$85.022m
  • Shares outstanding: 193.23m
  • Website: https://www.aoboet.com.au

Location

  • Aobo Environmental Technology Limited
  • 434 St Kilda Road
  • Suite 511
  • Melbourne
  • Victoria
  • 3004
  • Australia

Listings


Biography

Aobo Environmental Technology Limited, together with its subsidiaries, provides environmental solutions primarily in the People’s Republic of China. The company offers custom air treatment equipment, inclu...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/06/21 08:17
End of Day Share Price2021/06/18 00:00
Earnings2020/12/31
Annual Earnings2020/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.