SZSE:000837

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Qinchuan Machine Tool & Tool Group Share

Executive Summary

Qinchuan Machine Tool & Tool Group Share Co., Ltd. More Details


Snowflake Analysis

Adequate balance sheet and overvalued.


Similar Companies

Share Price & News

How has Qinchuan Machine Tool & Tool Group Share's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 000837 has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

-2.3%

837

-3.0%

CN Machinery

-2.4%

CN Market


1 Year Return

30.5%

837

24.3%

CN Machinery

25.9%

CN Market

Return vs Industry: 000837 exceeded the CN Machinery industry which returned 24.3% over the past year.

Return vs Market: 000837 exceeded the CN Market which returned 25.9% over the past year.


Shareholder returns

837IndustryMarket
7 Day-2.3%-3.0%-2.4%
30 Day8.2%-0.4%-0.4%
90 Day21.9%5.6%2.1%
1 Year30.5%30.5%25.8%24.3%28.1%25.9%
3 Year-26.7%-26.7%-5.4%-8.7%10.8%5.5%
5 Year-63.6%-63.6%-19.4%-23.0%11.8%4.3%

Price Volatility Vs. Market

How volatile is Qinchuan Machine Tool & Tool Group Share's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Qinchuan Machine Tool & Tool Group Share undervalued compared to its fair value and its price relative to the market?

1.9x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: 000837 (CN¥5.56) is trading above our estimate of fair value (CN¥4.1)

Significantly Below Fair Value: 000837 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 000837 is unprofitable, so we can't compare its PE Ratio to the CN Machinery industry average.

PE vs Market: 000837 is unprofitable, so we can't compare its PE Ratio to the CN market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 000837's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 000837 is good value based on its PB Ratio (1.9x) compared to the CN Machinery industry average (3x).


Next Steps

Future Growth

How is Qinchuan Machine Tool & Tool Group Share forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

30.5%

Forecasted Capital Goods industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Qinchuan Machine Tool & Tool Group Share has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Qinchuan Machine Tool & Tool Group Share performed over the past 5 years?

-24.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 000837 is currently unprofitable.

Growing Profit Margin: 000837 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: 000837 is unprofitable, and losses have increased over the past 5 years at a rate of 24.4% per year.

Accelerating Growth: Unable to compare 000837's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 000837 is unprofitable, making it difficult to compare its past year earnings growth to the Machinery industry (6.5%).


Return on Equity

High ROE: 000837 has a negative Return on Equity (-9.68%), as it is currently unprofitable.


Next Steps

Financial Health

How is Qinchuan Machine Tool & Tool Group Share's financial position?


Financial Position Analysis

Short Term Liabilities: 000837's short term assets (CN¥5.7B) exceed its short term liabilities (CN¥4.9B).

Long Term Liabilities: 000837's short term assets (CN¥5.7B) exceed its long term liabilities (CN¥1.9B).


Debt to Equity History and Analysis

Debt Level: 000837's debt to equity ratio (152.8%) is considered high.

Reducing Debt: 000837's debt to equity ratio has increased from 32.5% to 152.8% over the past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: Whilst unprofitable 000837 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: 000837 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 28% per year.


Next Steps

Dividend

What is Qinchuan Machine Tool & Tool Group Share current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 000837's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 000837's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if 000837's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 000837's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: 000837 is not paying a notable dividend for the CN market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 000837's dividend in 3 years as they are not forecast to pay a notable one for the CN market.


Next Steps

Management

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

5.9yrs

Average board tenure


CEO

Qinchuan Machine Tool & Tool Group Share has no CEO, or we have no data on them.


Board Members

NamePositionTenureCompensationOwnership
Xingyuan Long
Chairmanno dataCN¥343.70kno data
Hong Hu
Non-Independent Directorno dataCN¥338.40kno data
Liu Jing
Independent Director5.92yrsno datano data
Weixuan He
Non-Independent Director5.92yrsno datano data
Qiang Li
Non-Independent Director5.92yrsno datano data
Pingan Liu
Non-Independent Director5.92yrsno datano data
Xiaoguang Wu
Independent Director5.92yrsno datano data
Wanhua Zhao
Independent Director5.92yrsno datano data
Jianbo Yan
Director0.92yrno datano data
Jinyong Liu
Non-Independent Director0.58yrno datano data
Junfeng Wang
Non-Independent Director0.58yrno datano data
Xuyao Ma
Non-Independent Director0.083yrno datano data

5.9yrs

Average Tenure

Experienced Board: 000837's board of directors are considered experienced (5.9 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

Qinchuan Machine Tool & Tool Group Share Co., Ltd.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Qinchuan Machine Tool & Tool Group Share Co., Ltd.
  • Ticker: 837
  • Exchange: SZSE
  • Founded: 1965
  • Industry: Industrial Machinery
  • Sector: Capital Goods
  • Market Cap: CN¥3.855b
  • Shares outstanding: 693.37m
  • Website: https://www.qinchuan.com

Number of Employees


Location

  • Qinchuan Machine Tool & Tool Group Share Co., Ltd.
  • No. 22, Jiangtan Road
  • Baoji
  • Shaanxi Province
  • 721009
  • China

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
837SZSE (Shenzhen Stock Exchange)YesDomestic SharesCNCNYSep 1998
837XSEC (Shenzhen Stock Exchange - Shenzhen-Hong Kong Stock Connect)YesDomestic SharesCNCNYSep 1998

Biography

Qinchuan Machine Tool & Tool Group Share Co., Ltd. develops, produces, and sells precision CNC machine tools and cutting tools in China. The company offers CNC machine tools, such as lathes, grinding machi ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/24 15:10
End of Day Share Price2020/10/23 00:00
Earnings2020/06/30
Annual Earnings2019/12/31


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.