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Jiangsu Linyang Energy XSSC:601222 Stock Report

Last Price

CN¥8.07

Market Cap

CN¥16.6b

7D

-6.6%

1Y

1.9%

Updated

02 Jul, 2022

Data

Company Financials +
601222 fundamental analysis
Snowflake Score
Valuation6/6
Future Growth5/6
Past Performance3/6
Financial Health5/6
Dividends5/6

601222 Stock Overview

Jiangsu Linyang Energy Co., Ltd. manufactures and supplies electronic energy meters and electricity management information systems in China and internationally.

Jiangsu Linyang Energy Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Jiangsu Linyang Energy
Historical stock prices
Current Share PriceCN¥8.07
52 Week HighCN¥14.15
52 Week LowCN¥6.14
Beta0.62
1 Month Change-4.04%
3 Month Change-6.27%
1 Year Change1.89%
3 Year Change68.13%
5 Year Change4.67%
Change since IPO13.53%

Recent News & Updates

Shareholder Returns

601222CN ElectricalCN Market
7D-6.6%-2.9%1.3%
1Y1.9%11.8%-6.8%

Return vs Industry: 601222 underperformed the CN Electrical industry which returned 11.8% over the past year.

Return vs Market: 601222 exceeded the CN Market which returned -6.8% over the past year.

Price Volatility

Is 601222's price volatile compared to industry and market?
601222 volatility
601222 Average Weekly Movement6.7%
Electrical Industry Average Movement7.9%
Market Average Movement7.2%
10% most volatile stocks in CN Market10.2%
10% least volatile stocks in CN Market5.1%

Stable Share Price: 601222 is not significantly more volatile than the rest of CN stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: 601222's weekly volatility (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19953,379Yonghua Luhttps://www.linyang.com.cn

Jiangsu Linyang Energy Co., Ltd. manufactures and supplies electronic energy meters and electricity management information systems in China and internationally. The company offers electric energy meters, water meters, metering accessories, intelligent power consumption information management terminals, communication modules, energy storage converters, and integrated master stations. It also provides indoor and outdoor LED lighting products, and intelligent control systems; substation integrated automation systems; photovoltaic power generation and lithium-ion energy storage system solutions; and photovoltaic EPC and operation and maintenance services.

Jiangsu Linyang Energy Fundamentals Summary

How do Jiangsu Linyang Energy's earnings and revenue compare to its market cap?
601222 fundamental statistics
Market CapCN¥16.63b
Earnings (TTM)CN¥936.82m
Revenue (TTM)CN¥5.32b

17.7x

P/E Ratio

3.1x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
601222 income statement (TTM)
RevenueCN¥5.32b
Cost of RevenueCN¥3.51b
Gross ProfitCN¥1.81b
Other ExpensesCN¥877.99m
EarningsCN¥936.82m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)0.45
Gross Margin34.08%
Net Profit Margin17.59%
Debt/Equity Ratio24.2%

How did 601222 perform over the long term?

See historical performance and comparison

Dividends

2.7%

Current Dividend Yield

44%

Payout Ratio
We’ve recently updated our valuation analysis.

Valuation

Is 601222 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

6/6

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

  • PEG Ratio

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 601222?

Other financial metrics that can be useful for relative valuation.

601222 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/Revenue3x
Enterprise Value/EBITDA8.8x
PEG Ratio0.7x

Price to Earnings Ratio vs Peers

How does 601222's PE Ratio compare to its peers?

601222 PE Ratio vs Peers
The above table shows the PE ratio for 601222 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average103.1x
300001 Qingdao TGOOD Electric
95.6x47.7%CN¥17.5b
600478 Hunan Corun New Energy
222.9xn/aCN¥13.8b
603063 Shenzhen Hopewind Electric
59.8xn/aCN¥16.8b
300376 East GroupLtd
34.3x23.2%CN¥18.4b
601222 Jiangsu Linyang Energy
17.7x24.3%CN¥16.6b

Price-To-Earnings vs Peers: 601222 is good value based on its Price-To-Earnings Ratio (17.7x) compared to the peer average (103.1x).


Price to Earnings Ratio vs Industry

How does 601222's PE Ratio compare vs other companies in the CN Electrical Industry?

Price-To-Earnings vs Industry: 601222 is good value based on its Price-To-Earnings Ratio (17.7x) compared to the CN Electrical industry average (38.4x)


Price to Earnings Ratio vs Fair Ratio

What is 601222'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.

601222 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio17.7x
Fair PE Ratio27.7x

Price-To-Earnings vs Fair Ratio: 601222 is good value based on its Price-To-Earnings Ratio (17.7x) compared to the estimated Fair Price-To-Earnings Ratio (27.7x).


Share Price vs Fair Value

What is the Fair Price of 601222 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 601222 (CN¥8.07) is trading below our estimate of fair value (CN¥10.67)

Significantly Below Fair Value: 601222 is trading below fair value by more than 20%.


Price to Earnings Growth Ratio

PEG Ratio: 601222 is good value based on its PEG Ratio (0.7x)


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Future Growth

How is Jiangsu Linyang Energy forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?

Future Growth Score

5/6

Future Growth Score 5/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


24.3%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 601222's forecast earnings growth (24.3% per year) is above the savings rate (3.2%).

Earnings vs Market: 601222's earnings (24.3% per year) are forecast to grow faster than the CN market (23.9% per year).

High Growth Earnings: 601222's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: 601222's revenue (25.2% per year) is forecast to grow faster than the CN market (17.5% per year).

High Growth Revenue: 601222's revenue (25.2% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: 601222's Return on Equity is forecast to be low in 3 years time (10.1%).


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Past Performance

How has Jiangsu Linyang Energy 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


9.3%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: 601222 has high quality earnings.

Growing Profit Margin: 601222's current net profit margins (17.6%) are higher than last year (17.1%).


Past Earnings Growth Analysis

Earnings Trend: 601222's earnings have grown by 9.3% per year over the past 5 years.

Accelerating Growth: 601222's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 601222 had negative earnings growth (-9.7%) over the past year, making it difficult to compare to the Electrical industry average (-0.05%).


Return on Equity

High ROE: 601222's Return on Equity (6.4%) is considered low.


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Financial Health

How is Jiangsu Linyang Energy's financial position?

Financial Health Score

5/6

Financial Health Score 5/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: 601222's short term assets (CN¥10.3B) exceed its short term liabilities (CN¥3.2B).

Long Term Liabilities: 601222's short term assets (CN¥10.3B) exceed its long term liabilities (CN¥2.3B).


Debt to Equity History and Analysis

Debt Level: 601222 has more cash than its total debt.

Reducing Debt: 601222's debt to equity ratio has increased from 17.9% to 24.2% over the past 5 years.

Debt Coverage: 601222's debt is well covered by operating cash flow (34.2%).

Interest Coverage: 601222's interest payments on its debt are well covered by EBIT (6.9x coverage).


Balance Sheet


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Dividend

What is Jiangsu Linyang Energy current dividend yield, its reliability and sustainability?

Dividend Score

4/6

Dividend Score 4/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage


2.73%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: 601222's dividend (2.73%) is higher than the bottom 25% of dividend payers in the CN market (0.48%).

High Dividend: 601222's dividend (2.73%) is in the top 25% of dividend payers in the CN market (1.92%)


Stability and Growth of Payments

Stable Dividend: 601222's dividend payments have been volatile in the past 10 years.

Growing Dividend: 601222's dividend payments have increased over the past 10 years.


Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (44.4%), 601222's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonable cash payout ratio (52.8%), 601222's dividend payments are covered by cash flows.


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Management

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

9.9yrs

Average management tenure


CEO

Yonghua Lu (59 yo)

no data

Tenure

CN¥1,233,000

Compensation

Mr. Yonghua Lu Founded Jiangsu Linyang Energy Co., Ltd. (formerly known as Jiangsu Linyang Electronics Co., Ltd.) and serves as its Chief Executive Officer. Mr. Yonghua founded Solarfun Power Holdings Co....


Leadership Team

Experienced Management: 601222's management team is seasoned and experienced (9.9 years average tenure).


Board Members

Experienced Board: 601222's board of directors are seasoned and experienced ( 12.4 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 been diluted in the past year, with total shares outstanding growing by 20.2%.


Top Shareholders

Company Information

Jiangsu Linyang Energy Co., Ltd.'s employee growth, exchange listings and data sources


Key Information

  • Name: Jiangsu Linyang Energy Co., Ltd.
  • Ticker: 601222
  • Exchange: XSSC
  • Founded: 1995
  • Industry: Electrical Components and Equipment
  • Sector: Capital Goods
  • Implied Market Cap: CN¥16.626b
  • Shares outstanding: 2.06b
  • Website: https://www.linyang.com.cn

Number of Employees


Location

  • Jiangsu Linyang Energy Co., Ltd.
  • Qidong Economic Development Zone
  • No. 666, Linyang Road
  • Qidong
  • Jiangsu Province
  • 226200
  • China

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/07/02 00:00
End of Day Share Price2022/07/01 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.