ASX:JJF

Stock Analysis Report

Executive Summary

Jiajiafu Modern Agriculture Limited, through its subsidiary, Qingzhou Jiajiafu Modern Agriculture Group Co., Ltd.

Snowflake

Fundamentals

Flawless balance sheet and fair value.

Share Price & News

How has Jiajiafu Modern Agriculture's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

0%

JJF

1.0%

AU Food

1.7%

AU Market


1 Year Return

-63.6%

JJF

-10.3%

AU Food

10.3%

AU Market

Return vs Industry: JJF underperformed the Australian Food industry which returned -10.3% over the past year.

Return vs Market: JJF underperformed the Australian Market which returned 10.3% over the past year.


Shareholder returns

JJFIndustryMarket
7 Day0%1.0%1.7%
30 Day0%0.05%-0.4%
90 Day0%-3.5%-0.1%
1 Year-63.6%-63.6%-7.8%-10.3%16.7%10.3%
3 Yearn/a-0.6%-5.5%36.7%18.4%
5 Yearn/a40.4%29.0%50.9%16.9%

Price Volatility Vs. Market

How volatile is Jiajiafu Modern Agriculture's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Jiajiafu Modern Agriculture undervalued compared to its fair value and its price relative to the market?

0.86x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Undervalued: Insufficient data to calculate JJF's fair value to establish if it is undervalued.

Significantly Undervalued: Insufficient data to calculate JJF's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: JJF is good value based on its PE Ratio (0.9x) compared to the Food industry average (25.3x).

PE vs Market: JJF is good value based on its PE Ratio (0.9x) compared to the Australian market (18.2x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: JJF is good value based on its PB Ratio (0.1x) compared to the AU Food industry average (1.2x).


Next Steps

Future Growth

How is Jiajiafu Modern Agriculture forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

3.4%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: JJF's forecast earnings growth (3.4% per year) is above the savings rate (2.3%).

Earnings vs Market: JJF's earnings (3.4% per year) are forecast to grow slower than the Australian market (10.2% per year).

High Growth Earnings: JJF's earnings are forecast to grow, but not significantly.

Revenue vs Market: Insufficient data to determine if JJF's revenue is forecast to grow faster than the Australian market.

High Growth Revenue: Insufficient data to determine if JJF's revenue is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

High Future ROE: Insufficient data to determine if JJF's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has Jiajiafu Modern Agriculture performed over the past 5 years?

30.2%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: JJF's earnings have grown significantly by 30.2% per year over the past 5 years.

Accelerating Growth: JJF's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: JJF had negative earnings growth (-33.9%) over the past year, making it difficult to compare to the Food industry average (-28.6%).


Return on Equity

High ROE: JJF's Return on Equity (8.5%) is considered low.


Return on Assets

ROA vs Industry: JJF has a higher Return on Assets than the Food industry average last year.


Return on Capital Employed

ROCE Improving: JJF has significantly improved its Return on Capital Employed over the past 3 years.


Next Steps

Financial Health

How is Jiajiafu Modern Agriculture's financial position?


Financial Position Analysis

Short Term Liabilities: JJF's short term assets (A$7.8M) exceeds its short term liabilities (A$1.5M)

Long Term Liabilities: JJF's short term assets (7.8M) exceeds its long term liabilities (208.2K)


Debt to Equity History and Analysis

Debt Level: JJF is debt free.

Reducing Debt: JJF has no debt compared to 5 years ago when its debt to equity ratio was 63.5%.

Debt Coverage: JJF has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: JJF has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet

Inventory Level: JJF has a high level of physical assets or inventory.

Debt Coverage by Assets: Insufficient data to determine if JJF's debt is covered by short term assets.


Next Steps

Dividend

What is Jiajiafu Modern Agriculture's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%2.5%markettop25%5.6%industryaverage3.1%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

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

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

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

Growing Dividend: Insufficient data to determine if JJF'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 JJF's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.


Next Steps

Management

What is the CEO of Jiajiafu Modern Agriculture's salary, the management and board of directors tenure and is there insider trading?

0.4yrs

Average board tenure


CEO

Qingkai Li 0

0yrs

Tenure

AU$11,028

Compensation

Mr. Qingkai Li is Co-Owner is Juxin Holding Limited. Mr. Li is the Founder of Jiajiafu Modern Agriculture Limited and serves as its Executive Chairman and Chief Executive Officer. In 2011, Mr. Li founded Q ...


CEO Compensation Analysis

Compensation vs. Market: Insufficient data to establish whether Qingkai's total compensation is reasonable compared to companies of similar size in the Australian market.

Compensation vs Earnings: Qingkai's compensation has been consistent with company performance over the past year.


Board Age and Tenure

0.4yrs

Average Tenure

Experienced Board: JJF's board of directors are not considered experienced ( 0.4 years average tenure), which suggests a new board.


Insider Trading

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


Ownership Breakdown


Management Team

  • Qingkai Li

    Founder

    • Tenure: 0yrs
    • Compensation: AU$11.03k
  • Bill Lam

    Company Secretary & Non-Executive Director

    • Tenure: 0.4yrs

Board Members

  • Qingkai Li

    Founder

    • Tenure: 0yrs
    • Compensation: AU$11.03k
  • Bill Lam

    Company Secretary & Non-Executive Director

    • Tenure: 0.4yrs
  • Haizhu Cai

    Independent Non-Executive Director

    • Tenure: 1.8yrs
    • Compensation: AU$4.96k
  • Edmond Zhang

    Non-Executive Director

    • Tenure: 0.3yrs

Company Information

Jiajiafu Modern Agriculture Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Jiajiafu Modern Agriculture Limited
  • Ticker: JJF
  • Exchange: ASX
  • Founded: 2011
  • Industry: Packaged Foods and Meats
  • Sector: Food, Beverage & Tobacco
  • Market Cap: AU$3.407m
  • Shares outstanding: 85.18m
  • Website: https://www.jjfma.com

Number of Employees


Location

  • Jiajiafu Modern Agriculture Limited
  • 368 Sussex Street
  • Suite 521
  • Sydney
  • New South Wales
  • 2000
  • Australia

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
JJFASX (Australian Securities Exchange)YesShare CapitalAUAUDMar 2017

Biography

Jiajiafu Modern Agriculture Limited, through its subsidiary, Qingzhou Jiajiafu Modern Agriculture Group Co., Ltd. engages in farming, harvesting, packing, marketing, supplying, and distributing fruits and  ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/06 10:52
End of Day Share Price2019/07/09 00:00
Earnings2019/06/30
Annual Earnings2019/06/30


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.