| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 5/6 |
| Past Performance | 3/6 |
| Financial Health | 5/6 |
| Dividends | 2/6 |
688360 Stock Overview
Zhejiang Damon Technology Co.,Ltd manufactures and sells logistics sorting equipment.
Damon Technology GroupLtd Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | CN¥30.05 |
| 52 Week High | CN¥37.99 |
| 52 Week Low | CN¥21.51 |
| Beta | -0.75 |
| 1 Month Change | 9.35% |
| 3 Month Change | 20.44% |
| 1 Year Change | 14.04% |
| 3 Year Change | n/a |
| 5 Year Change | n/a |
| Change since IPO | -59.28% |
Recent News & Updates
Shareholder Returns
| 688360 | CN Machinery | CN Market | |
|---|---|---|---|
| 7D | 1.6% | 3.4% | 1.6% |
| 1Y | 14.0% | -6.3% | -10.1% |
Return vs Industry: 688360 exceeded the CN Machinery industry which returned -6.3% over the past year.
Return vs Market: 688360 exceeded the CN Market which returned -10.1% over the past year.
Price Volatility
| 688360 volatility | |
|---|---|
| 688360 Average Weekly Movement | 4.8% |
| Machinery Industry Average Movement | 6.3% |
| Market Average Movement | 6.0% |
| 10% most volatile stocks in CN Market | 9.1% |
| 10% least volatile stocks in CN Market | 3.9% |
Stable Share Price: 688360 is less volatile than 75% of CN stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: 688360's weekly volatility (5%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1997 | 1,062 | Xu Zhuo | https://www.damonconveyor.com |
Zhejiang Damon Technology Co.,Ltd manufactures and sells logistics sorting equipment. The company offers box, pallet, sorting, and vertical conveyors; high speed palletizing systems; and intelligent storage picking systems. Its products are used in smart manufacturing, e-commerce, logistics, clothing, medicine, tobacco, retail, and other fields.
Damon Technology GroupLtd Fundamentals Summary
| 688360 fundamental statistics | |
|---|---|
| Market Cap | CN¥2.56b |
| Earnings (TTM) | CN¥93.32m |
| Revenue (TTM) | CN¥1.60b |
27.6x
P/E Ratio1.6x
P/S RatioIs 688360 overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| 688360 income statement (TTM) | |
|---|---|
| Revenue | CN¥1.60b |
| Cost of Revenue | CN¥1.28b |
| Gross Profit | CN¥320.22m |
| Other Expenses | CN¥226.90m |
| Earnings | CN¥93.32m |
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
n/a
| Earnings per share (EPS) | 1.09 |
| Gross Margin | 20.06% |
| Net Profit Margin | 5.85% |
| Debt/Equity Ratio | 12.7% |
How did 688360 perform over the long term?
See historical performance and comparisonDividends
0.9%
Current Dividend Yield25%
Payout RatioValuation
Is 688360 undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
3/6Valuation Score 3/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Analyst Forecast
Key Valuation Metric
Which metric is best to use when looking at relative valuation for 688360?
Other financial metrics that can be useful for relative valuation.
| What is 688360's n/a Ratio? | |
|---|---|
| n/a Ratio | 0x |
| n/a | n/a |
| Market Cap | CN¥2.56b |
| Key Statistics | |
|---|---|
| Enterprise Value/Revenue | 1.5x |
| Enterprise Value/EBITDA | 26.4x |
| PEG Ratio | 0.5x |
Price to Earnings Ratio vs Peers
How does 688360's PE Ratio compare to its peers?
| 688360 PE Ratio vs Peers |
|---|
| Company | PE | Estimated Growth | Market Cap |
|---|---|---|---|
| Peer Average | 51.1x | ||
300780 Sichuan Dawn Precision TechnologyLtd | 30.2x | n/a | CN¥2.6b |
688557 BlueSword Intelligent TechnologyLtd | 36.6x | 40.9% | CN¥2.5b |
300817 Zhejiang Sf Oilless BearingLtd | 28.1x | n/a | CN¥2.5b |
002795 Yorhe Fluid Intelligent Control | 109.4x | n/a | CN¥2.6b |
688360 Damon Technology GroupLtd | 27.6x | 51.1% | CN¥2.6b |
Price-To-Earnings vs Peers: 688360 is good value based on its Price-To-Earnings Ratio (27.6x) compared to the peer average (51.1x).
Price to Earnings Ratio vs Industry
How does 688360's PE Ratio compare vs other companies in the CN Machinery Industry?
Price-To-Earnings vs Industry: 688360 is good value based on its Price-To-Earnings Ratio (27.6x) compared to the CN Machinery industry average (37.9x)
Price to Earnings Ratio vs Fair Ratio
What is 688360's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
| Fair Ratio | |
|---|---|
| Current PE Ratio | 27.6x |
| Fair PE Ratio | 37.6x |
Price-To-Earnings vs Fair Ratio: 688360 is good value based on its Price-To-Earnings Ratio (27.6x) compared to the estimated Fair Price-To-Earnings Ratio (37.6x).
Share Price vs Fair Value
What is the Fair Price of 688360 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: 688360 (CN¥30.05) is trading above our estimate of fair value (CN¥4.54)
Significantly Below Fair Value: 688360 is trading above our estimate of fair value.
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
Analyst Forecast: Insufficient data to show price forecast.
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Future Growth
How is Damon Technology GroupLtd forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Future Growth Score
5/6Future Growth Score 5/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE
51.1%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 688360's forecast earnings growth (51.1% per year) is above the savings rate (3.2%).
Earnings vs Market: 688360's earnings (51.1% per year) are forecast to grow faster than the CN market (24.5% per year).
High Growth Earnings: 688360's earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: 688360's revenue (22.2% per year) is forecast to grow faster than the CN market (17.7% per year).
High Growth Revenue: 688360's revenue (22.2% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if 688360's Return on Equity is forecast to be high in 3 years time
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Past Performance
How has Damon Technology GroupLtd performed over the past 5 years?
Past Performance Score
3/6Past Performance Score 3/6
Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE
15.8%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 688360 has a high level of non-cash earnings.
Growing Profit Margin: 688360's current net profit margins (5.8%) are lower than last year (7.8%).
Past Earnings Growth Analysis
Earnings Trend: 688360's earnings have grown by 15.8% per year over the past 5 years.
Accelerating Growth: 688360's earnings growth over the past year (36.2%) exceeds its 5-year average (15.8% per year).
Earnings vs Industry: 688360 earnings growth over the past year (36.2%) exceeded the Machinery industry 2.8%.
Return on Equity
High ROE: 688360's Return on Equity (9.8%) is considered low.
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Financial Health
How is Damon Technology GroupLtd's financial position?
Financial Health Score
5/6Financial Health Score 5/6
Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage
Financial Position Analysis
Short Term Liabilities: 688360's short term assets (CN¥1.6B) exceed its short term liabilities (CN¥882.2M).
Long Term Liabilities: 688360's short term assets (CN¥1.6B) exceed its long term liabilities (CN¥41.2M).
Debt to Equity History and Analysis
Debt Level: 688360 has more cash than its total debt.
Reducing Debt: 688360's debt to equity ratio has reduced from 47.9% to 12.7% over the past 5 years.
Debt Coverage: 688360's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 688360 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Dividend
What is Damon Technology GroupLtd current dividend yield, its reliability and sustainability?
Dividend Score
2/6Dividend Score 2/6
Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Cash Flow Coverage
0.90%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 688360's dividend (0.9%) is higher than the bottom 25% of dividend payers in the CN market (0.45%).
High Dividend: 688360's dividend (0.9%) is low compared to the top 25% of dividend payers in the CN market (1.88%).
Stability and Growth of Payments
Stable Dividend: Too early to tell whether 688360's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if 688360's dividend payments are increasing as they only just started paying a dividend.
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (24.8%), 688360's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 688360 is paying a dividend but the company has no free cash flows.
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Management
How experienced are the management team and are they aligned to shareholders interests?
5.6yrs
Average board tenure
CEO
Xu Zhuo (62 yo)
8.58yrs
Tenure
CN¥960,000
Compensation
Mr. Xu Zhuo is Chairman & GM of Damon Technology Group Co.,Ltd. from January 10, 2014.
Board Members
Experienced Board: 688360's board of directors are considered experienced (5.6 years average tenure).
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.
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Damon Technology Group Co.,Ltd.'s employee growth, exchange listings and data sources
Key Information
- Name: Damon Technology Group Co.,Ltd.
- Ticker: 688360
- Exchange: SHSE
- Founded: 1997
- Industry: Industrial Machinery
- Sector: Capital Goods
- Implied Market Cap: CN¥2.557b
- Shares outstanding: 85.68m
- Website: https://www.damonconveyor.com
Number of Employees
Location
- Damon Technology Group Co.,Ltd.
- Software Building, No. 461
- 7th Floor
- Shanghai
- 313023
- China
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/08/15 00:00 |
| End of Day Share Price | 2022/08/15 00:00 |
| Earnings | 2022/03/31 |
| Annual Earnings | 2021/12/31 |
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.