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6883

Guangdong Jiayuan TechnologyLtd SHSE:688388 Stock Report

Last Price

CN¥56.30

Market Cap

CN¥13.1b

7D

-9.8%

1Y

-51.5%

Updated

20 Sep, 2022

Data

Company Financials +
688388 fundamental analysis
Snowflake Score
Valuation3/6
Future Growth6/6
Past Performance3/6
Financial Health4/6
Dividends2/6

688388 Stock Overview

Guangdong Jiayuan Technology Co.,Ltd. engages in the research, manufacture, and sale of electrolytic copper foils.

Guangdong Jiayuan TechnologyLtd Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Guangdong Jiayuan TechnologyLtd
Historical stock prices
Current Share PriceCN¥56.30
52 Week HighCN¥183.00
52 Week LowCN¥55.57
Beta1.5
1 Month Change-15.81%
3 Month Change-34.09%
1 Year Change-51.51%
3 Year Change-3.35%
5 Year Changen/a
Change since IPO-0.63%

Recent News & Updates

Shareholder Returns

688388CN ElectricalCN Market
7D-9.8%-9.1%-5.4%
1Y-51.5%-12.6%-17.7%

Return vs Industry: 688388 underperformed the CN Electrical industry which returned -12.6% over the past year.

Return vs Market: 688388 underperformed the CN Market which returned -17.7% over the past year.

Price Volatility

Is 688388's price volatile compared to industry and market?
688388 volatility
688388 Average Weekly Movement6.2%
Electrical Industry Average Movement7.8%
Market Average Movement5.9%
10% most volatile stocks in CN Market9.4%
10% least volatile stocks in CN Market3.7%

Stable Share Price: 688388 is not significantly more volatile than the rest of CN stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: 688388's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
20012,066Shaohua Liuhttps://www.gdjygf.com

Guangdong Jiayuan Technology Co.,Ltd. engages in the research, manufacture, and sale of electrolytic copper foils. It offers double-sided light, double-sided thick, and single-sided wool copper foils.

Guangdong Jiayuan TechnologyLtd Fundamentals Summary

How do Guangdong Jiayuan TechnologyLtd's earnings and revenue compare to its market cap?
688388 fundamental statistics
Market CapCN¥13.05b
Earnings (TTM)CN¥593.73m
Revenue (TTM)CN¥3.53b

22.2x

P/E Ratio

3.7x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
688388 income statement (TTM)
RevenueCN¥3.53b
Cost of RevenueCN¥2.54b
Gross ProfitCN¥996.05m
Other ExpensesCN¥402.31m
EarningsCN¥593.73m

Last Reported Earnings

Jun 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)2.54
Gross Margin28.19%
Net Profit Margin16.81%
Debt/Equity Ratio55.9%

How did 688388 perform over the long term?

See historical performance and comparison

Dividends

1.3%

Current Dividend Yield

28%

Payout Ratio
We’ve recently updated our valuation analysis.

Valuation

Is 688388 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

3/6

Valuation 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 688388?

Other financial metrics that can be useful for relative valuation.

688388 key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue4.1x
Enterprise Value/EBITDA18.4x
PEG Ratio0.4x

Price to Earnings Ratio vs Peers

How does 688388's PE Ratio compare to its peers?

688388 PE Ratio vs Peers
The above table shows the PE ratio for 688388 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average76x
603595 Zhejiang Tony Electronic
155.4xn/aCN¥12.7b
600110 Nuode InvestmentLtd
38.5x44.6%CN¥15.4b
688800 Suzhou Recodeal Interconnect SystemLtd
74.5x40.3%CN¥15.5b
002706 Shanghai Liangxin ElectricalLTD
33.6x35.5%CN¥14.7b
688388 Guangdong Jiayuan TechnologyLtd
22.2x51.3%CN¥13.1b

Price-To-Earnings vs Peers: 688388 is good value based on its Price-To-Earnings Ratio (22.2x) compared to the peer average (76x).


Price to Earnings Ratio vs Industry

How does 688388's PE Ratio compare vs other companies in the CN Electrical Industry?

Price-To-Earnings vs Industry: 688388 is good value based on its Price-To-Earnings Ratio (22.2x) compared to the CN Electrical industry average (34x)


Price to Earnings Ratio vs Fair Ratio

What is 688388'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.

688388 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio22.2x
Fair PE Ratio47.8x

Price-To-Earnings vs Fair Ratio: 688388 is good value based on its Price-To-Earnings Ratio (22.2x) compared to the estimated Fair Price-To-Earnings Ratio (47.8x).


Share Price vs Fair Value

What is the Fair Price of 688388 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 688388 (CN¥56.3) is trading above our estimate of fair value (CN¥19.03)

Significantly Below Fair Value: 688388 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: Target price is more than 20% higher than the current share price, but analysts are not within a statistically confident range of agreement.


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Future Growth

How is Guangdong Jiayuan TechnologyLtd forecast to perform in the next 1 to 3 years based on estimates from 7 analysts?

Future Growth Score

6/6

Future Growth Score 6/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


51.3%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 688388's forecast earnings growth (51.3% per year) is above the savings rate (3.2%).

Earnings vs Market: 688388's earnings (51.3% per year) are forecast to grow faster than the CN market (25.8% per year).

High Growth Earnings: 688388's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: 688388's revenue (49.9% per year) is forecast to grow faster than the CN market (18.2% per year).

High Growth Revenue: 688388's revenue (49.9% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: 688388's Return on Equity is forecast to be high in 3 years time (31.5%)


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Past Performance

How has Guangdong Jiayuan TechnologyLtd performed over the past 5 years?

Past Performance Score

3/6

Past Performance Score 3/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


34.9%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: 688388 has a high level of non-cash earnings.

Growing Profit Margin: 688388's current net profit margins (16.8%) are lower than last year (18.6%).


Past Earnings Growth Analysis

Earnings Trend: 688388's earnings have grown significantly by 34.9% per year over the past 5 years.

Accelerating Growth: 688388's earnings growth over the past year (59.2%) exceeds its 5-year average (34.9% per year).

Earnings vs Industry: 688388 earnings growth over the past year (59.2%) exceeded the Electrical industry 2.5%.


Return on Equity

High ROE: 688388's Return on Equity (15.2%) is considered low.


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Financial Health

How is Guangdong Jiayuan TechnologyLtd's financial position?

Financial Health Score

4/6

Financial Health Score 4/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: 688388's short term assets (CN¥2.6B) exceed its short term liabilities (CN¥2.2B).

Long Term Liabilities: 688388's short term assets (CN¥2.6B) exceed its long term liabilities (CN¥1.0B).


Debt to Equity History and Analysis

Debt Level: 688388's net debt to equity ratio (29.8%) is considered satisfactory.

Reducing Debt: 688388's debt to equity ratio has increased from 13.6% to 55.9% over the past 5 years.

Debt Coverage: 688388's debt is not well covered by operating cash flow (2%).

Interest Coverage: 688388's interest payments on its debt are well covered by EBIT (32x coverage).


Balance Sheet


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Dividend

What is Guangdong Jiayuan TechnologyLtd current dividend yield, its reliability and sustainability?

Dividend Score

2/6

Dividend Score 2/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage


1.25%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: 688388's dividend (1.25%) is higher than the bottom 25% of dividend payers in the CN market (0.52%).

High Dividend: 688388's dividend (1.25%) is low compared to the top 25% of dividend payers in the CN market (2.06%).


Stability and Growth of Payments

Stable Dividend: 688388 has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: 688388's dividend payments have increased, but the company has only paid a dividend for 2 years.


Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (27.7%), 688388's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: 688388 is paying a dividend but the company has no free cash flows.


Discover strong dividend paying companies

Management

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

6.1yrs

Average management tenure


CEO

Shaohua Liu (58 yo)

no data

Tenure

CN¥1,374,300

Compensation

Ms. Shaohua Liu is Co-President, Deputy GM & Director of Guangdong Jiayuan Technology Co.,Ltd. She was Executive Deputy GM & Director of Guangdong Jiayuan Technology Co.,Ltd.


Leadership Team

Experienced Management: 688388's management team is seasoned and experienced (6.1 years average tenure).


Board Members

Experienced Board: 688388's board of directors are considered experienced (5.2 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

Top 25 shareholders own 55.12% of the company
OwnershipNameSharesCurrent ValueChange %Portfolio %
27.04%
Guangdong Jiayuan Industrial Investment Co., Ltd.
63,324,400CN¥3.6b0%no data
4.32%
Shichang Lai
10,108,145CN¥569.1m-0.29%no data
3.61%
Harvest Fund Management Co., Ltd.
8,457,671CN¥476.2m9.4%0.24%
3.39%
ABC-CA Fund Management Co., Ltd.
7,948,187CN¥447.5m-11.52%1.15%
1.94%
JPMorgan Chase & Co, Private Banking and Investment Banking Investments
4,536,143CN¥255.4m-27.1%0.01%
1.86%
China Asset Management Co., Ltd.
4,356,577CN¥245.3m-5.95%0.07%
1.65%
Huaxia Life Insurance Co. Ltd, Asset Management Arm
3,856,152CN¥217.1m0%0.6%
1.32%
Truvalue Asset Management Co.,Ltd.
3,093,730CN¥174.2m0%0.77%
1.3%
Fullgoal Fund Management Co., Ltd.
3,051,499CN¥171.8m0%0.07%
1.21%
ICBC Credit Suisse Asset Management Co., Ltd.
2,835,026CN¥159.6m0%0.1%
1.08%
UBS Asset Management
2,535,382CN¥142.7m0%no data
0.8%
HSBC Jintrust Fund Management Company Limited
1,877,770CN¥105.7m0%0.32%
0.8%
E Fund Management Co., Ltd.
1,868,743CN¥105.2m-13.05%0.02%
0.63%
Zhanhua Li
1,465,800CN¥82.5m-24.67%no data
0.6%
Zhijian Wang
1,395,000CN¥78.5m-19.13%no data
0.59%
China Southern Asset Management Co., Ltd.
1,372,356CN¥77.3m0%0.04%
0.48%
China Universal Asset Management Company Ltd.
1,122,282CN¥63.2m0%0.03%
0.48%
Penghua Fund Management Co. Ltd.
1,121,942CN¥63.2m0%0.06%
0.48%
First State Cinda Fund Management Co. Ltd.
1,116,767CN¥62.9m0%0.14%
0.34%
Huatai-PineBridge Fund Management Company Limited
799,715CN¥45.0m0%0.05%
0.3%
Oriental Alpha Fund Management Co., Ltd.
708,984CN¥39.9m0%0.4%
0.27%
New China Fund Management Co. Limited
632,272CN¥35.6m0%0.31%
0.24%
Lombarda China Fund Management Co., Ltd.
557,396CN¥31.4m0%0.02%
0.21%
Ping An Fund Management Co., Ltd.
485,103CN¥27.3m0%0.1%
0.2%
Western Leadbank Fund Management Company Limited
462,600CN¥26.0m0%0.23%

Company Information

Guangdong Jiayuan Technology Co.,Ltd.'s employee growth, exchange listings and data sources


Key Information

  • Name: Guangdong Jiayuan Technology Co.,Ltd.
  • Ticker: 688388
  • Exchange: SHSE
  • Founded: 2001
  • Industry: Electrical Components and Equipment
  • Sector: Capital Goods
  • Implied Market Cap: CN¥13.054b
  • Shares outstanding: 234.20m
  • Website: https://www.gdjygf.com

Number of Employees


Location

  • Guangdong Jiayuan Technology Co.,Ltd.
  • Ecological Industrial Park
  • Yanyang Town
  • Meizhou
  • Guangdong Province
  • China


Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
688388SHSE (Shanghai Stock Exchange)YesCommon SharesCNCNYJul 2019
688388XSSC (Shanghai Stock Exchange - Shanghai - Hong Kong Stock Connect)YesCommon SharesCNCNYJul 2019

Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/09/20 00:00
End of Day Share Price2022/09/20 00:00
Earnings2022/06/30
Annual Earnings2021/12/31


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.