HangZhou Nbond Nonwovens
Market Cap
CN¥3.3b
Last Updated
2021/04/10 09:03 UTC
Data Sources
Company Financials +
Executive Summary
HangZhou Nbond Nonwovens Co., Ltd. develops, produces, and sells spunlace nonwovens materials in China and internationally. More Details
Rewards
Risk Analysis
Earnings are forecast to decline by an average of 10.5% per year for the next 3 years
Snowflake Analysis
Flawless balance sheet with outstanding track record.
Share Price & News
How has HangZhou Nbond Nonwovens's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 603238 is less volatile than 75% of CN stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: 603238's weekly volatility (5%) has been stable over the past year.
Market Performance
7 Day Return
2.7%
603238
3.7%
CN Luxury
0.7%
CN Market
1 Year Return
-10.0%
603238
9.8%
CN Luxury
27.4%
CN Market
Return vs Industry: 603238 underperformed the CN Luxury industry which returned 9.8% over the past year.
Return vs Market: 603238 underperformed the CN Market which returned 27.4% over the past year.
Shareholder returns
| 603238 | Industry | Market | |
|---|---|---|---|
| 7 Day | 2.7% | 3.7% | 0.7% |
| 30 Day | -0.04% | 11.4% | 4.6% |
| 90 Day | -8.8% | 12.9% | -5.0% |
| 1 Year | -9.3%-10.0% | 12.0%9.8% | 29.4%27.4% |
| 3 Year | 27.8%25.2% | -9.9%-15.1% | 26.6%20.5% |
| 5 Year | n/a | -42.6%-44.6% | 24.9%16.7% |
Long-Term Price Volatility Vs. Market
How volatile is HangZhou Nbond Nonwovens's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Valuation
Is HangZhou Nbond Nonwovens undervalued compared to its fair value and its price relative to the market?
10.9%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: 603238 (CN¥27.09) is trading below our estimate of fair value (CN¥30.45)
Significantly Below Fair Value: 603238 is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: 603238 is good value based on its PE Ratio (12.3x) compared to the CN Luxury industry average (33.3x).
PE vs Market: 603238 is good value based on its PE Ratio (12.3x) compared to the CN market (34.5x).
Price to Earnings Growth Ratio
PEG Ratio: 603238's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: 603238 is overvalued based on its PB Ratio (3.1x) compared to the CN Luxury industry average (2.1x).
Future Growth
How is HangZhou Nbond Nonwovens forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
-10.5%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 603238's earnings are forecast to decline over the next 3 years (-10.5% per year).
Earnings vs Market: 603238's earnings are forecast to decline over the next 3 years (-10.5% per year).
High Growth Earnings: 603238's earnings are forecast to decline over the next 3 years.
Revenue vs Market: Insufficient data to determine if 603238's revenue is forecast to grow faster than the CN market.
High Growth Revenue: Insufficient data to determine if 603238's revenue is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 603238's Return on Equity is forecast to be low in 3 years time (17.5%).
Past Performance
How has HangZhou Nbond Nonwovens performed over the past 5 years?
33.2%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 603238 has high quality earnings.
Growing Profit Margin: 603238's current net profit margins (13.1%) are higher than last year (7.5%).
Past Earnings Growth Analysis
Earnings Trend: 603238's earnings have grown significantly by 33.2% per year over the past 5 years.
Accelerating Growth: 603238's earnings growth over the past year (219.6%) exceeds its 5-year average (33.2% per year).
Earnings vs Industry: 603238 earnings growth over the past year (219.6%) exceeded the Luxury industry 2.3%.
Return on Equity
High ROE: 603238's Return on Equity (20.7%) is considered high.
Financial Health
How is HangZhou Nbond Nonwovens's financial position?
Financial Position Analysis
Short Term Liabilities: 603238's short term assets (CN¥887.2M) exceed its short term liabilities (CN¥803.0M).
Long Term Liabilities: 603238's short term assets (CN¥887.2M) exceed its long term liabilities (CN¥20.5M).
Debt to Equity History and Analysis
Debt Level: 603238's debt to equity ratio (9.4%) is considered satisfactory.
Reducing Debt: 603238's debt to equity ratio has reduced from 27.4% to 9.4% over the past 5 years.
Debt Coverage: 603238's debt is well covered by operating cash flow (433.1%).
Interest Coverage: 603238 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
Dividend
What is HangZhou Nbond Nonwovens's current dividend yield, its reliability and sustainability?
0.92%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 603238's dividend (0.92%) is higher than the bottom 25% of dividend payers in the CN market (0.42%).
High Dividend: 603238's dividend (0.92%) is low compared to the top 25% of dividend payers in the CN market (1.79%).
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, 603238 has been paying a dividend for less than 10 years.
Growing Dividend: 603238's dividend payments have increased, but the company has only paid a dividend for 4 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (11.3%), 603238's dividend payments are thoroughly 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¥652k
CEO Compensation
CEO
Jie Zhang (46 yo)
no data
Tenure
CN¥651,500
Compensation
Mr. Zhang Jie serves as General Manager of HangZhou Nbond Nonwovens Co., Ltd. and Hangzhou Nuobang non-woven Co., Ltd. Mr. Zhang served as Public Relations Minister of Hangzhou boss Industrial Group Co., L...
CEO Compensation Analysis
Compensation vs Market: Insufficient data to establish whether Jie's total compensation is reasonable compared to companies of similar size in the CN market.
Compensation vs Earnings: Jie's compensation has increased by more than 20% in the past year.
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 3%.
Top Shareholders
Company Information
HangZhou Nbond Nonwovens Co., Ltd.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: HangZhou Nbond Nonwovens Co., Ltd.
- Ticker: 603238
- Exchange: SHSE
- Founded: 2002
- Industry: Textiles
- Sector: Consumer Durables
- Market Cap: CN¥3.349b
- Shares outstanding: 123.62m
- Website: https://www.nbond.cn
Number of Employees
Location
- HangZhou Nbond Nonwovens Co., Ltd.
- No. 16 Hongda Road
- Yuhang Economic and Technological Development Zone
- Hangzhou
- Zhejiang Province
- 311102
- China
Listings
Biography
HangZhou Nbond Nonwovens Co., Ltd. develops, produces, and sells spunlace nonwovens materials in China and internationally. The company’s spunlace nonwovens products cover various series and specifications...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/04/10 09:03 |
| End of Day Share Price | 2021/04/09 00:00 |
| Earnings | 2020/12/31 |
| Annual Earnings | 2020/12/31 |
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.