Joeone Co., Ltd. manufactures and sells men’s business and casual wear under the JOEONE brand in China. More Details
Excellent balance sheet and fair value.
Share Price & News
How has Joeone's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 601566 is not significantly more volatile than the rest of CN stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: 601566's weekly volatility (5%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: 601566 underperformed the CN Luxury industry which returned 19.1% over the past year.
Return vs Market: 601566 underperformed the CN Market which returned 25.3% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Joeone's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Joeone undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: 601566 (CN¥11.4) is trading above our estimate of fair value (CN¥4.69)
Significantly Below Fair Value: 601566 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 601566 is good value based on its PE Ratio (16.3x) compared to the CN Luxury industry average (23.2x).
PE vs Market: 601566 is good value based on its PE Ratio (16.3x) compared to the CN market (30.7x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 601566's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 601566 is good value based on its PB Ratio (1.5x) compared to the CN Luxury industry average (2.1x).
How is Joeone forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Consumer Durables 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 Joeone 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.
How has Joeone performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 601566 has a large one-off gain of CN¥316.4M impacting its March 31 2021 financial results.
Growing Profit Margin: 601566's current net profit margins (13.9%) are higher than last year (6.2%).
Past Earnings Growth Analysis
Earnings Trend: 601566's earnings have declined by 4.7% per year over the past 5 years.
Accelerating Growth: 601566's earnings growth over the past year (148.9%) exceeds its 5-year average (-4.7% per year).
Earnings vs Industry: 601566 earnings growth over the past year (148.9%) exceeded the Luxury industry 20.5%.
Return on Equity
High ROE: 601566's Return on Equity (9.2%) is considered low.
How is Joeone's financial position?
Financial Position Analysis
Short Term Liabilities: 601566's short term assets (CN¥2.5B) exceed its short term liabilities (CN¥1.5B).
Long Term Liabilities: 601566's short term assets (CN¥2.5B) exceed its long term liabilities (CN¥247.8M).
Debt to Equity History and Analysis
Debt Level: 601566's debt to equity ratio (12.8%) is considered satisfactory.
Reducing Debt: 601566's debt to equity ratio has increased from 8.2% to 12.8% over the past 5 years.
Debt Coverage: 601566's debt is well covered by operating cash flow (54%).
Interest Coverage: 601566 earns more interest than it pays, so coverage of interest payments is not a concern.
What is Joeone current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 601566's dividend (4.39%) is higher than the bottom 25% of dividend payers in the CN market (0.47%).
High Dividend: 601566's dividend (4.39%) is in the top 25% of dividend payers in the CN market (1.86%)
Stability and Growth of Payments
Stable Dividend: 601566 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 601566 has only been paying a dividend for 9 years, and since then payments have fallen.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (71.5%), 601566's dividend payments are 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.
How experienced are the management team and are they aligned to shareholders interests?
Jia Ya Chen (49 yo)
Mr. Chen Jia Ya serves as General Manager at Joeone Co., Ltd. Mr. Chen has been Executive Director and General Manager of Quanzhou Borui Investment Management Co., Ltd. since November 20, 2009. He serves a...
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Joeone Co., Ltd.'s company bio, employee growth, exchange listings and data sources
- Name: Joeone Co., Ltd.
- Ticker: 601566
- Exchange: SHSE
- Founded: NaN
- Industry: Apparel, Accessories and Luxury Goods
- Sector: Consumer Durables
- Market Cap: CN¥6.551b
- Shares outstanding: 574.64m
- Website: https://www.jiumuwang.com
Number of Employees
- Joeone Co., Ltd.
- JOEONE Industrial Park
- Economic & Technological Development Zone
- Fujian Province
Joeone Co., Ltd. manufactures and sells men’s business and casual wear under the JOEONE brand in China. The company offers trousers, jackets, suits, etc. The company is headquartered in Quanzhou, China. JO...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/05/16 09:21|
|End of Day Share Price||2021/05/14 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.