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Market Cap

CN¥6.6b

Last Updated

2021/05/16 09:21 UTC

Data Sources

Company Financials

Executive Summary

Joeone Co., Ltd. manufactures and sells men’s business and casual wear under the JOEONE brand in China. More Details


Snowflake Analysis

Excellent balance sheet and fair value.


Similar Companies

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.


Market Performance


7 Day Return

-0.8%

601566

0.9%

CN Luxury

2.3%

CN Market


1 Year Return

17.2%

601566

19.1%

CN Luxury

25.3%

CN Market

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.


Shareholder returns

601566IndustryMarket
7 Day-0.8%0.9%2.3%
30 Day5.1%3.2%3.4%
90 Day16.4%22.0%-6.3%
1 Year25.6%17.2%21.5%19.1%27.2%25.3%
3 Year-18.0%-33.1%-4.6%-10.2%29.1%23.0%
5 Year1.1%-24.3%-27.2%-32.2%40.1%30.9%

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

Valuation

Is Joeone undervalued compared to its fair value and its price relative to the market?

16.29x

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).


Future Growth

How is Joeone forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

24.9%

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.


Past Performance

How has Joeone performed over the past 5 years?

-4.7%

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.


Financial Health

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.


Balance Sheet


Dividend

What is Joeone current dividend yield, its reliability and sustainability?

4.39%

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.


Next Steps

Management

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

CN¥425k

CEO Compensation


CEO

Jia Ya Chen (49 yo)

no data

Tenure

CN¥425,100

Compensation

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...


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

Joeone Co., Ltd.'s company bio, employee growth, exchange listings and data sources


Key Information

  • 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


Location

  • Joeone Co., Ltd.
  • JOEONE Industrial Park
  • Economic & Technological Development Zone
  • Quanzhou
  • Fujian Province
  • 362005
  • China

Listings


Biography

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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/05/16 09:21
End of Day Share Price2021/05/14 00:00
Earnings2021/03/31
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.