Shanghai Shuixing Home Textile Co., Ltd. engages in the research and development, design, production, and sale of home textiles in China and internationally. More Details
Very undervalued with flawless balance sheet.
Share Price & News
How has Shanghai Shuixing Home Textile's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 603365 is less volatile than 75% of CN stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: 603365's weekly volatility (3%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: 603365 exceeded the CN Luxury industry which returned 9.8% over the past year.
Return vs Market: 603365 underperformed the CN Market which returned 27.4% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Shanghai Shuixing Home Textile's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Shanghai Shuixing Home Textile undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: 603365 (CN¥15.61) is trading below our estimate of fair value (CN¥20.97)
Significantly Below Fair Value: 603365 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 603365 is good value based on its PE Ratio (14.8x) compared to the CN Luxury industry average (33.3x).
PE vs Market: 603365 is good value based on its PE Ratio (14.8x) compared to the CN market (34.5x).
Price to Earnings Growth Ratio
PEG Ratio: 603365 is good value based on its PEG Ratio (0.9x)
Price to Book Ratio
PB vs Industry: 603365 is good value based on its PB Ratio (1.8x) compared to the CN Luxury industry average (2.1x).
How is Shanghai Shuixing Home Textile forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 603365's forecast earnings growth (16.7% per year) is above the savings rate (3.3%).
Earnings vs Market: 603365's earnings (16.7% per year) are forecast to grow slower than the CN market (23.5% per year).
High Growth Earnings: 603365's earnings are forecast to grow, but not significantly.
Revenue vs Market: 603365's revenue (12.6% per year) is forecast to grow slower than the CN market (18% per year).
High Growth Revenue: 603365's revenue (12.6% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 603365's Return on Equity is forecast to be low in 3 years time (14.4%).
How has Shanghai Shuixing Home Textile performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 603365 has a large one-off gain of CN¥74.8M impacting its September 30 2020 financial results.
Growing Profit Margin: 603365's current net profit margins (9.5%) are lower than last year (10.9%).
Past Earnings Growth Analysis
Earnings Trend: 603365's earnings have grown by 10.8% per year over the past 5 years.
Accelerating Growth: 603365's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 603365 had negative earnings growth (-14.1%) over the past year, making it difficult to compare to the Luxury industry average (2.3%).
Return on Equity
High ROE: 603365's Return on Equity (12.2%) is considered low.
How is Shanghai Shuixing Home Textile's financial position?
Financial Position Analysis
Short Term Liabilities: 603365's short term assets (CN¥2.0B) exceed its short term liabilities (CN¥460.9M).
Long Term Liabilities: 603365's short term assets (CN¥2.0B) exceed its long term liabilities (CN¥25.1M).
Debt to Equity History and Analysis
Debt Level: 603365 is debt free.
Reducing Debt: 603365 has no debt compared to 5 years ago when its debt to equity ratio was 38.6%.
Debt Coverage: 603365 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 603365 has no debt, therefore coverage of interest payments is not a concern.
What is Shanghai Shuixing Home Textile current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 603365's dividend (6.41%) is higher than the bottom 25% of dividend payers in the CN market (0.42%).
High Dividend: 603365's dividend (6.41%) is in the top 25% of dividend payers in the CN market (1.79%)
Stability and Growth of Payments
Stable Dividend: 603365 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 603365's dividend payments have increased, but the company has only paid a dividend for 3 years.
Current Payout to Shareholders
Dividend Coverage: At its current payout ratio (76.1%), 603365's 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?
Shanghai Shuixing Home Textile has no CEO, or we have no data on them.
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.
Shanghai Shuixing Home Textile Co., Ltd.'s company bio, employee growth, exchange listings and data sources
- Name: Shanghai Shuixing Home Textile Co., Ltd.
- Ticker: 603365
- Exchange: SHSE
- Founded: 2009
- Industry: Textiles
- Sector: Consumer Durables
- Market Cap: CN¥4.140b
- Shares outstanding: 265.20m
- Website: https://www.shuixing.com
Number of Employees
- Shanghai Shuixing Home Textile Co., Ltd.
- No. 1487, Huhang Road
- Fengxian District
Shanghai Shuixing Home Textile Co., Ltd. engages in the research and development, design, production, and sale of home textiles in China and internationally. It offers bedspreads, quilts, pillows, single-p...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/04/11 09:06|
|End of Day Share Price||2021/04/09 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.