Ningbo Haitian Precision Machinery Co., Ltd. More Details
Flawless balance sheet with high growth potential.
Share Price & News
How has Ningbo Haitian Precision Machinery's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 601882's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: 601882 exceeded the CN Machinery industry which returned 24.1% over the past year.
Return vs Market: 601882 exceeded the CN Market which returned 25.7% over the past year.
Price Volatility Vs. Market
How volatile is Ningbo Haitian Precision Machinery's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Ningbo Haitian Precision Machinery undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: 601882 (CN¥13.2) is trading above our estimate of fair value (CN¥5.8)
Significantly Below Fair Value: 601882 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 601882 is poor value based on its PE Ratio (71x) compared to the CN Machinery industry average (43.3x).
PE vs Market: 601882 is poor value based on its PE Ratio (71x) compared to the CN market (40.2x).
Price to Earnings Growth Ratio
PEG Ratio: 601882 is poor value based on its PEG Ratio (1.8x)
Price to Book Ratio
PB vs Industry: 601882 is overvalued based on its PB Ratio (5.2x) compared to the CN Machinery industry average (3x).
How is Ningbo Haitian Precision Machinery forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 601882's forecast earnings growth (39.8% per year) is above the savings rate (3.3%).
Earnings vs Market: 601882's earnings (39.8% per year) are forecast to grow faster than the CN market (24% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: 601882's revenue (29.2% per year) is forecast to grow faster than the CN market (17.6% per year).
High Growth Revenue: 601882's revenue (29.2% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 601882's Return on Equity is forecast to be low in 3 years time (11.7%).
How has Ningbo Haitian Precision Machinery performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 601882 has a large one-off gain of CN¥39.1M impacting its June 30 2020 financial results.
Growing Profit Margin: 601882's current net profit margins (7.2%) are lower than last year (7.5%).
Past Earnings Growth Analysis
Earnings Trend: 601882's earnings have grown by 8.4% per year over the past 5 years.
Accelerating Growth: 601882's earnings growth over the past year (13.1%) exceeds its 5-year average (8.4% per year).
Earnings vs Industry: 601882 earnings growth over the past year (13.1%) exceeded the Machinery industry 6.5%.
Return on Equity
High ROE: 601882's Return on Equity (7.2%) is considered low.
How is Ningbo Haitian Precision Machinery's financial position?
Financial Position Analysis
Short Term Liabilities: 601882's short term assets (CN¥1.8B) exceed its short term liabilities (CN¥1.0B).
Long Term Liabilities: 601882's short term assets (CN¥1.8B) exceed its long term liabilities (CN¥105.6M).
Debt to Equity History and Analysis
Debt Level: 601882 is debt free.
Reducing Debt: 601882 has no debt compared to 5 years ago when its debt to equity ratio was 40.8%.
Debt Coverage: 601882 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 601882 has no debt, therefore coverage of interest payments is not a concern.
What is Ningbo Haitian Precision Machinery current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 601882's dividend (0.34%) isn’t notable compared to the bottom 25% of dividend payers in the CN market (0.36%).
High Dividend: 601882's dividend (0.34%) is low compared to the top 25% of dividend payers in the CN market (1.68%).
Stability and Growth of Payments
Stable Dividend: 601882 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 601882's dividend payments have increased, but the company has only paid a dividend for 3 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (24.2%), 601882's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Huan Wei Wang (57 yo)
Mr. Huan Wei Wang serves as General Manager at Ningbo Haitian Precision Machinery Co., Ltd. Mr. Wang serves as General manager of Dalian Haitian Precision Machinery Co., Ltd. He serves as General manager o ...
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Ningbo Haitian Precision Machinery Co., Ltd.'s company bio, employee growth, exchange listings and data sources
- Name: Ningbo Haitian Precision Machinery Co., Ltd.
- Ticker: 601882
- Exchange: SHSE
- Industry: Industrial Machinery
- Sector: Capital Goods
- Market Cap: CN¥6.823b
- Shares outstanding: 522.00m
- Website: https://hision.com.cn
Number of Employees
- Ningbo Haitian Precision Machinery Co., Ltd.
- No. 1688 Haitian Road
- Zhejiang Province
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|601882||SHSE (Shanghai Stock Exchange)||Yes||Domestic Shares||CN||CNY||Nov 2016|
Ningbo Haitian Precision Machinery Co., Ltd. provides various machine tools in China. It offers vertical machining centers, gantry machining centers, horizontal machining centers, CNC lathes, turning cente ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/10/26 14:31|
|End of Day Share Price||2020/10/23 00:00|
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.