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3008

ActBlue SZSE:300816 Stock Report

Last Price

CN¥31.95

Market Cap

CN¥2.6b

7D

6.5%

1Y

-60.9%

Updated

24 Jun, 2022

Data

Company Financials +
300816 fundamental analysis
Snowflake Score
Valuation2/6
Future Growth6/6
Past Performance1/6
Financial Health4/6
Dividends2/6

300816 Stock Overview

ActBlue Co., Ltd. researches, develops, and sells diesel, gasoline, and natural gas engine exhaust after-treatment products.

Rewards

Earnings are forecast to grow 58.97% per year

Risk Analysis

High level of non-cash earnings

Dividend of 0.54% is not well covered by earnings

Profit margins (5.7%) are lower than last year (18%)


ActBlue Competitors

 

 

 

 

 

 

 

 

 

 

 

 

Price History & Performance

Summary of all time highs, changes and price drops for ActBlue
Historical stock prices
Current Share PriceCN¥31.95
52 Week HighCN¥99.00
52 Week LowCN¥22.82
Beta1.21
1 Month Change16.65%
3 Month Change-4.57%
1 Year Change-60.90%
3 Year Changen/a
5 Year Changen/a
Change since IPO9.42%

Recent News & Updates

Shareholder Returns

300816CN MachineryCN Market
7D6.5%4.2%1.6%
1Y-60.9%-2.0%-10.4%

Return vs Industry: 300816 underperformed the CN Machinery industry which returned -2% over the past year.

Return vs Market: 300816 underperformed the CN Market which returned -10.4% over the past year.

Price Volatility

Is 300816's price volatile compared to industry and market?
300816 volatility
300816 Average Weekly Movement6.0%
Machinery Industry Average Movement7.0%
Market Average Movement7.1%
10% most volatile stocks in CN Market10.1%
10% least volatile stocks in CN Market5.1%

Stable Share Price: 300816 is not significantly more volatile than the rest of CN stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: 300816's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
n/a678Yi Liuhttps://www.act-blue.com

ActBlue Co., Ltd. researches, develops, and sells diesel, gasoline, and natural gas engine exhaust after-treatment products. Its products are used for emission testing and calibration applications in vehicles. The company is headquartered in Chizhou, China.

ActBlue Fundamentals Summary

How do ActBlue's earnings and revenue compare to its market cap?
300816 fundamental statistics
Market CapCN¥2.57b
Earnings (TTM)CN¥51.59m
Revenue (TTM)CN¥908.58m

49.8x

P/E Ratio

2.8x

P/S Ratio

Is 300816 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
300816 income statement (TTM)
RevenueCN¥908.58m
Cost of RevenueCN¥722.20m
Gross ProfitCN¥186.38m
Other ExpensesCN¥134.79m
EarningsCN¥51.59m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)0.64
Gross Margin20.51%
Net Profit Margin5.68%
Debt/Equity Ratio58.6%

How did 300816 perform over the long term?

See historical performance and comparison

Dividends

0.5%

Current Dividend Yield

27%

Payout Ratio
We’ve recently updated our valuation analysis.

Valuation

Is 300816 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • PEG Ratio

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 300816?

Other financial metrics that can be useful for relative valuation.

300816 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/Revenue2.6x
Enterprise Value/EBITDA75.3x
PEG Ratio0.8x

Price to Earnings Ratio vs Peers

How does 300816's PE Ratio compare to its peers?

300816 PE Ratio vs Peers
The above table shows the PE ratio for 300816 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average67.3x

Price-To-Earnings vs Peers: 300816 is good value based on its Price-To-Earnings Ratio (49.8x) compared to the peer average (67.3x).

Price to Earnings Ratio vs Industry

How does 300816's PE Ratio compare vs other companies in the Chinese Machinery Industry?

Price-To-Earnings vs Industry: 300816 is expensive based on its Price-To-Earnings Ratio (49.8x) compared to the CN Machinery industry average (33.9x)

Price to Earnings Ratio vs Fair Ratio

What is 300816'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.

300816 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio49.8x
Fair PE Ratio44.4x

Price-To-Earnings vs Fair Ratio: 300816 is expensive based on its Price-To-Earnings Ratio (49.8x) compared to the estimated Fair Price-To-Earnings Ratio (44.4x).

Share Price vs Fair Value

What is the Fair Price of 300816 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 300816 (CN¥31.95) is trading above our estimate of fair value (CN¥8.89)

Significantly Below Fair Value: 300816 is trading above our estimate of fair value.

Price to Earnings Growth Ratio

PEG Ratio: 300816 is good value based on its PEG Ratio (0.8x)

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Future Growth

How is ActBlue forecast to perform in the next 1 to 3 years based on estimates from 3 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

59.0%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings vs Savings Rate: 300816's forecast earnings growth (59% per year) is above the savings rate (3.3%).

Earnings vs Market: 300816's earnings (59% per year) are forecast to grow faster than the CN market (24% per year).

High Growth Earnings: 300816's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: 300816's revenue (51.5% per year) is forecast to grow faster than the CN market (17.5% per year).

High Growth Revenue: 300816's revenue (51.5% per year) is forecast to grow faster than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: 300816's Return on Equity is forecast to be high in 3 years time (21.9%)

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Past Performance

How has ActBlue performed over the past 5 years?

Past Performance Score

1/6

Past Performance Score 1/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE

5.1%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: 300816 has a high level of non-cash earnings.

Growing Profit Margin: 300816's current net profit margins (5.7%) are lower than last year (18%).

Past Earnings Growth Analysis

Earnings Trend: 300816's earnings have grown by 5.1% per year over the past 5 years.

Accelerating Growth: 300816's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 300816 had negative earnings growth (-61.7%) over the past year, making it difficult to compare to the Machinery industry average (2.5%).

Return on Equity

High ROE: 300816's Return on Equity (5.7%) is considered low.

Discover strong past performing companies

Financial Health

How is ActBlue'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: 300816's short term assets (CN¥1.4B) exceed its short term liabilities (CN¥751.6M).

Long Term Liabilities: 300816's short term assets (CN¥1.4B) exceed its long term liabilities (CN¥154.1M).

Debt to Equity History and Analysis

Debt Level: 300816 has more cash than its total debt.

Reducing Debt: 300816's debt to equity ratio has increased from 34% to 58.6% over the past 5 years.

Debt Coverage: 300816's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: 300816 earns more interest than it pays, so coverage of interest payments is not a concern.

Balance Sheet

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Dividend

What is ActBlue 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

  • Future Dividend Coverage

0.54%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: 300816's dividend (0.54%) is higher than the bottom 25% of dividend payers in the CN market (0.49%).

High Dividend: 300816's dividend (0.54%) is low compared to the top 25% of dividend payers in the CN market (1.94%).

Stability and Growth of Payments

Stable Dividend: 300816 has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: 300816 has only been paying a dividend for 2 years, and since then payments have fallen.

Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (27.1%), 300816's dividend payments are well covered by earnings.

Cash Payout to Shareholders

Cash Flow Coverage: 300816 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?

0.6yrs

Average board tenure

CEO

Yi Liu

no data

Tenure

Yi Liu serves as Chairman of the Board and General Manager of ActBlue Co., Ltd. and serves as its Non-Independent Director since November 11, 2021.

Board Members

Experienced Board: 300816's board of directors are not considered experienced ( 0.6 years average tenure), which suggests a new board.

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

ActBlue Co., Ltd.'s employee growth, exchange listings and data sources

Key Information

  • Name: ActBlue Co., Ltd.
  • Ticker: 300816
  • Exchange: SZSE
  • Founded: NaN
  • Industry: Construction Machinery and Heavy Trucks
  • Sector: Capital Goods
  • Implied Market Cap: CN¥2.568b
  • Shares outstanding: 80.37m
  • Website: https://www.act-blue.com

Number of Employees

Location

  • ActBlue Co., Ltd.
  • No. 12 Yujing Road
  • hi tech Industrial Development Zone
  • Chizhou
  • Anhui Province
  • China

Listings

Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/06/24 00:00
End of Day Share Price2022/06/24 00:00
Earnings2022/03/31
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.