786 Stock Overview
Beijing New Building Materials Public Limited Company manufactures and sells building materials in China and internationally.
Beijing New Building Materials Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||CN¥24.05|
|52 Week High||CN¥38.20|
|52 Week Low||CN¥23.45|
|1 Month Change||-8.52%|
|3 Month Change||-30.55%|
|1 Year Change||-24.73%|
|3 Year Change||33.61%|
|5 Year Change||39.91%|
|Change since IPO||453.33%|
Recent News & Updates
|786||CN Building||CN Market|
Return vs Industry: 000786 underperformed the CN Building industry which returned -7.9% over the past year.
Return vs Market: 000786 underperformed the CN Market which returned -18.4% over the past year.
|786 Average Weekly Movement||4.7%|
|Building Industry Average Movement||5.8%|
|Market Average Movement||5.8%|
|10% most volatile stocks in CN Market||9.2%|
|10% least volatile stocks in CN Market||3.8%|
Stable Share Price: 000786 is not significantly more volatile than the rest of CN stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: 000786's weekly volatility (5%) has been stable over the past year.
About the Company
Beijing New Building Materials Public Limited Company manufactures and sells building materials in China and internationally. It provides gypsum, multifunctional, mineral wool, and fiber cement boards; light steel and T-grid studs; paintings; joint compound gypsum, binder, leveling putty, and putty powders; insulating materials, such as rock wool board and felt, and granulated wool; waterproof materials; floorings; and ceiling and partition accessories, and special tools. The company also offers interior and exterior wall systems, and ceiling systems.
Beijing New Building Materials Fundamentals Summary
|786 fundamental statistics|
Is 786 overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|786 income statement (TTM)|
|Cost of Revenue||CN¥14.94b|
Last Reported Earnings
Jun 30, 2022
Next Earnings Date
|Earnings per share (EPS)||1.96|
|Net Profit Margin||15.50%|
How did 786 perform over the long term?See historical performance and comparison
2.7%Current Dividend Yield
Is 786 undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 6/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for 786?
Other financial metrics that can be useful for relative valuation.
|What is 786's n/a Ratio?|
Price to Earnings Ratio vs Peers
How does 786's PE Ratio compare to its peers?
|786 PE Ratio vs Peers|
|Company||PE||Estimated Growth||Market Cap|
601636 Zhuzhou Kibing GroupLtd
002791 Guangdong KinLong Hardware ProductsLtd
002372 Zhejiang Weixing New Building Materials
300260 Kunshan Kinglai Hygienic MaterialsLtd
000786 Beijing New Building Materials
Price-To-Earnings vs Peers: 000786 is good value based on its Price-To-Earnings Ratio (12.3x) compared to the peer average (47.3x).
Price to Earnings Ratio vs Industry
How does 786's PE Ratio compare vs other companies in the CN Building Industry?
Price-To-Earnings vs Industry: 000786 is good value based on its Price-To-Earnings Ratio (12.3x) compared to the CN Building industry average (26.6x)
Price to Earnings Ratio vs Fair Ratio
What is 786'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.
|Current PE Ratio||12.3x|
|Fair PE Ratio||23.9x|
Price-To-Earnings vs Fair Ratio: 000786 is good value based on its Price-To-Earnings Ratio (12.3x) compared to the estimated Fair Price-To-Earnings Ratio (23.9x).
Share Price vs Fair Value
What is the Fair Price of 786 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: 000786 (CN¥24.05) is trading below our estimate of fair value (CN¥54.27)
Significantly Below Fair Value: 000786 is trading below fair value by more than 20%.
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 and analysts are within a statistically confident range of agreement.
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How is Beijing New Building Materials forecast to perform in the next 1 to 3 years based on estimates from 13 analysts?
Future Growth Score1/6
Future Growth Score 1/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 000786's forecast earnings growth (16.4% per year) is above the savings rate (3.2%).
Earnings vs Market: 000786's earnings (16.4% per year) are forecast to grow slower than the CN market (25.9% per year).
High Growth Earnings: 000786's earnings are forecast to grow, but not significantly.
Revenue vs Market: 000786's revenue (12.9% per year) is forecast to grow slower than the CN market (18.2% per year).
High Growth Revenue: 000786's revenue (12.9% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 000786's Return on Equity is forecast to be low in 3 years time (18.3%).
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How has Beijing New Building Materials performed over the past 5 years?
Past Performance Score2/6
Past Performance Score 2/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 000786 has high quality earnings.
Growing Profit Margin: 000786's current net profit margins (15.5%) are lower than last year (19%).
Past Earnings Growth Analysis
Earnings Trend: 000786's earnings have grown by 13.8% per year over the past 5 years.
Accelerating Growth: 000786's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 000786 had negative earnings growth (-12.9%) over the past year, making it difficult to compare to the Building industry average (-5.9%).
Return on Equity
High ROE: 000786's Return on Equity (16.7%) is considered low.
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How is Beijing New Building Materials's financial position?
Financial Health Score6/6
Financial Health Score 6/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: 000786's short term assets (CN¥10.1B) exceed its short term liabilities (CN¥5.7B).
Long Term Liabilities: 000786's short term assets (CN¥10.1B) exceed its long term liabilities (CN¥1.9B).
Debt to Equity History and Analysis
Debt Level: 000786's net debt to equity ratio (5.8%) is considered satisfactory.
Reducing Debt: 000786's debt to equity ratio has reduced from 21.4% to 17.8% over the past 5 years.
Debt Coverage: 000786's debt is well covered by operating cash flow (101.5%).
Interest Coverage: 000786's interest payments on its debt are well covered by EBIT (44.3x coverage).
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What is Beijing New Building Materials's current dividend yield, its reliability and sustainability?
Dividend Score 5/6
Cash Flow Coverage
Current Dividend Yield
Dividend Yield vs Market
|Beijing New Building Materials Dividend Yield vs Market|
|Company (Beijing New Building Materials)||2.7%|
|Market Bottom 25% (CN)||0.5%|
|Market Top 25% (CN)||2.1%|
|Industry Average (Building)||2.4%|
|Analyst forecast in 3 Years (Beijing New Building Materials)||3.4%|
Notable Dividend: 000786's dividend (2.72%) is higher than the bottom 25% of dividend payers in the CN market (0.53%).
High Dividend: 000786's dividend (2.72%) is in the top 25% of dividend payers in the CN market (2.14%)
Stability and Growth of Payments
Stable Dividend: 000786's dividend payments have been volatile in the past 10 years.
Growing Dividend: 000786's dividend payments have increased over the past 10 years.
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (33.5%), 000786's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (48.1%), 000786's dividend payments are well covered by cash flows.
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How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Li Guan (43 yo)
Mr. Li Guan serves as General Manager and Director at Beijing New Building Materials Public Limited Company since February 22, 2022 and previously served as its Deputy General Manager until February 22, 2...
Experienced Management: 000786's management team is not considered experienced ( 0.5 years average tenure), which suggests a new team.
Experienced Board: 000786's board of directors are considered experienced (4.9 years average tenure).
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.
|Owner Type||Number of Shares||Ownership Percentage|
|State or Government||14,890,936||0.9%|
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
|Ownership||Name||Shares||Current Value||Change %||Portfolio %|
Beijing New Building Materials Public Limited Company's employee growth, exchange listings and data sources
- Name: Beijing New Building Materials Public Limited Company
- Ticker: 786
- Exchange: SZSE
- Founded: 1979
- Industry: Building Products
- Sector: Capital Goods
- Implied Market Cap: CN¥40.633b
- Shares outstanding: 1.69b
- Website: https://www.bnbm.com.cn
Number of Employees
- Beijing New Building Materials Public Limited Company
- Building A, Beixin Center
- No. 9, Qibei Road
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|786||SZSE (Shenzhen Stock Exchange)||Yes||Domestic Shares||CN||CNY||Aug 1998|
|786||XSEC (Shenzhen Stock Exchange - Shenzhen-Hong Kong Stock Connect)||Yes||Domestic Shares||CN||CNY||Aug 1998|
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/09/30 00:00|
|End of Day Share Price||2022/09/30 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.