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3004

Shenzhen JT Automation EquipmentLtdSZSE:300400 Stock Report

Market Cap

CN¥5.5b

7D

9.2%

1Y

34.8%

Updated

20 Oct, 2021

Data

Company Financials
300400 fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance5/6
Financial Health5/6
Dividends2/6

300400 Overview

Shenzhen JT Automation Equipment Co.,Ltd engages in the research and development, production, and sale of intelligent equipment and manufacturing systems.

Shenzhen JT Automation EquipmentLtd Competitors

Amtech Systems

NasdaqGS:ASYS

US$171.5m

Price History & Performance

Summary of all time highs, changes and price drops for Shenzhen JT Automation EquipmentLtd
Historical stock prices
Current Share PriceCN¥23.26
52 Week HighCN¥9.98
52 Week LowCN¥34.90
Beta0.48
1 Month Change-0.086%
3 Month Change13.96%
1 Year Change34.76%
3 Year Change42.35%
5 Year Change14.61%
Change since IPO537.84%

Recent News & Updates

Shareholder Returns

300400CN MachineryCN Market
7D9.2%4.2%1.9%
1Y34.8%7.8%7.2%

Return vs Industry: 300400 exceeded the CN Machinery industry which returned 7.8% over the past year.

Return vs Market: 300400 exceeded the CN Market which returned 7.2% over the past year.

Price Volatility

Is 300400's price volatile compared to industry and market?
300400 volatility
300400 Beta0.48
Industry Beta0.68
Market Beta1

Stable Share Price: 300400 is more volatile than 90% of CN stocks over the past 3 months, typically moving +/- 12% a week.

Volatility Over Time: 300400's weekly volatility (12%) has been stable over the past year, but is still higher than 75% of CN stocks.

About the Company

FoundedEmployeesCEOWebsite
20041,098Jie Xin Chenhttps://www.jt-ele.com

Shenzhen JT Automation Equipment Co.,Ltd engages in the research and development, production, and sale of intelligent equipment and manufacturing systems. The company primarily offers electronic whole machine assembly equipment, photoelectric module production special equipment, and aviation special manufacturing equipment; and TP/LCD/OLED photovoltaic panel display module production equipment, etc. Its products are used in aviation, automobiles, ships, communications, wearable devices, and consumer electronics. The company was founded in 2004 and is headquartered in Shenzhen, China.

Shenzhen JT Automation EquipmentLtd Fundamentals Summary

How do Shenzhen JT Automation EquipmentLtd's earnings and revenue compare to its market cap?
300400 fundamental statistics
Market CapCN¥5.48b
Earnings (TTM)CN¥138.73m
Revenue (TTM)CN¥903.56m

39.7x

P/E Ratio

6.1x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
300400 income statement (TTM)
RevenueCN¥903.56m
Cost of RevenueCN¥583.50m
Gross ProfitCN¥320.06m
ExpensesCN¥181.33m
EarningsCN¥138.73m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.59
Gross Margin35.42%
Net Profit Margin15.35%
Debt/Equity Ratio0.8%

How did 300400 perform over the long term?

See historical performance and comparison

Dividends

0.4%

Current Dividend Yield

17%

Payout Ratio

Valuation

Is Shenzhen JT Automation EquipmentLtd undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: 300400 (CN¥23.26) is trading below our estimate of fair value (CN¥95.95)

Significantly Below Fair Value: 300400 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 300400 is poor value based on its PE Ratio (39.7x) compared to the CN Machinery industry average (35.9x).

PE vs Market: 300400 is poor value based on its PE Ratio (39.7x) compared to the CN market (33.4x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 300400's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 300400 is overvalued based on its PB Ratio (7.4x) compared to the CN Machinery industry average (2.9x).


Future Growth

How is Shenzhen JT Automation EquipmentLtd forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

26.6%

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 Shenzhen JT Automation EquipmentLtd 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.


Past Performance

How has Shenzhen JT Automation EquipmentLtd performed over the past 5 years?

16.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 300400 has high quality earnings.

Growing Profit Margin: 300400's current net profit margins (15.4%) are higher than last year (11.6%).


Past Earnings Growth Analysis

Earnings Trend: 300400's earnings have grown by 16% per year over the past 5 years.

Accelerating Growth: 300400's earnings growth over the past year (64.8%) exceeds its 5-year average (16% per year).

Earnings vs Industry: 300400 earnings growth over the past year (64.8%) exceeded the Machinery industry 25.7%.


Return on Equity

High ROE: 300400's Return on Equity (18.4%) is considered low.


Financial Health

How is Shenzhen JT Automation EquipmentLtd's financial position?


Financial Position Analysis

Short Term Liabilities: 300400's short term assets (CN¥1.0B) exceed its short term liabilities (CN¥603.0M).

Long Term Liabilities: 300400's short term assets (CN¥1.0B) exceed its long term liabilities (CN¥23.7M).


Debt to Equity History and Analysis

Debt Level: 300400's debt to equity ratio (0.8%) is considered satisfactory.

Reducing Debt: Insufficient data to determine if 300400's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: 300400's debt is well covered by operating cash flow (4171.2%).

Interest Coverage: 300400 earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


Dividend

What is Shenzhen JT Automation EquipmentLtd current dividend yield, its reliability and sustainability?

0.43%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 300400's dividend (0.43%) is higher than the bottom 25% of dividend payers in the CN market (0.42%).

High Dividend: 300400's dividend (0.43%) is low compared to the top 25% of dividend payers in the CN market (1.86%).


Stability and Growth of Payments

Stable Dividend: 300400 has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: 300400's dividend payments have increased, but the company has only paid a dividend for 6 years.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (17.2%), 300400'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.


Next Steps

Management

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

9.8yrs

Average management tenure


CEO

Jie Xin Chen (52 yo)

8.75yrs

Tenure

CN¥206,600

Compensation

Mr. Jie Xin Chen has been General Manager at Shenzhen JT Automation Equipment Co.,Ltd since January 31, 2013. Since 2004, Mr. Chen served as R & D Manager, Technical Center Director and Deputy General Mana...


Leadership Team

Experienced Management: 300400's management team is seasoned and experienced (9.8 years average tenure).


Board Members

Experienced Board: 300400's board of directors are seasoned and experienced ( 11.8 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

Shenzhen JT Automation Equipment Co.,Ltd's employee growth, exchange listings and data sources


Key Information

  • Name: Shenzhen JT Automation Equipment Co.,Ltd
  • Ticker: 300400
  • Exchange: SZSE
  • Founded: 2004
  • Industry: Industrial Machinery
  • Sector: Capital Goods
  • Market Cap: CN¥5.480b
  • Shares outstanding: 236.70m
  • Website: https://www.jt-ele.com

Number of Employees


Location

  • Shenzhen JT Automation Equipment Co.,Ltd
  • JT Automation Industrial Park
  • 8th Avenue North
  • Shenzhen
  • Guangdong Province
  • 518126
  • China

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/20 09:04
End of Day Share Price2021/10/20 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


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.