SHSE:603615

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Chahua Modern Housewares

Executive Summary

Chahua Modern Housewares Co., Ltd. engages in the design, development, production, and sale of various plastic housewares in China. More Details


Snowflake Analysis

Flawless balance sheet unattractive dividend payer.

Share Price & News

How has Chahua Modern Housewares's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 603615 is more volatile than 90% of CN stocks over the past 3 months, typically moving +/- 9% a week.

Volatility Over Time: 603615's weekly volatility (9%) has been stable over the past year, but is still higher than 75% of CN stocks.


Market Performance


7 Day Return

-1.0%

603615

2.2%

CN Consumer Durables

2.9%

CN Market


1 Year Return

-1.6%

603615

46.5%

CN Consumer Durables

31.8%

CN Market

Return vs Industry: 603615 underperformed the CN Consumer Durables industry which returned 46.5% over the past year.

Return vs Market: 603615 underperformed the CN Market which returned 31.8% over the past year.


Shareholder returns

603615IndustryMarket
7 Day-1.0%2.2%2.9%
30 Day-18.5%11.5%7.2%
90 Day-19.8%23.5%11.5%
1 Year5.3%-1.6%49.8%46.5%34.0%31.8%
3 Year-24.9%-32.7%39.3%31.3%23.1%17.0%
5 Yearn/a160.5%137.0%51.6%41.1%

Long-Term Price Volatility Vs. Market

How volatile is Chahua Modern Housewares's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Chahua Modern Housewares undervalued compared to its fair value and its price relative to the market?

56.14x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: 603615 (CN¥8.98) is trading above our estimate of fair value (CN¥5.22)

Significantly Below Fair Value: 603615 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 603615 is poor value based on its PE Ratio (56.1x) compared to the CN Consumer Durables industry average (31.3x).

PE vs Market: 603615 is poor value based on its PE Ratio (56.1x) compared to the CN market (35.1x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 603615's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 603615 is good value based on its PB Ratio (1.7x) compared to the CN Consumer Durables industry average (3.1x).


Next Steps

Future Growth

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

20.5%

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 Chahua Modern Housewares 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.


Next Steps

Past Performance

How has Chahua Modern Housewares performed over the past 5 years?

-14.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 603615 has high quality earnings.

Growing Profit Margin: 603615's current net profit margins (5.7%) are lower than last year (8.9%).


Past Earnings Growth Analysis

Earnings Trend: 603615's earnings have declined by 14.5% per year over the past 5 years.

Accelerating Growth: 603615's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 603615 had negative earnings growth (-45.2%) over the past year, making it difficult to compare to the Consumer Durables industry average (6.7%).


Return on Equity

High ROE: 603615's Return on Equity (3%) is considered low.


Next Steps

Financial Health

How is Chahua Modern Housewares's financial position?


Financial Position Analysis

Short Term Liabilities: 603615's short term assets (CN¥766.1M) exceed its short term liabilities (CN¥168.2M).

Long Term Liabilities: 603615's short term assets (CN¥766.1M) exceed its long term liabilities (CN¥8.3M).


Debt to Equity History and Analysis

Debt Level: 603615 is debt free.

Reducing Debt: 603615 has not had any debt for past 5 years.

Debt Coverage: 603615 has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: 603615 has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Next Steps

Dividend

What is Chahua Modern Housewares's current dividend yield, its reliability and sustainability?

6.68%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 603615's dividend (6.68%) is higher than the bottom 25% of dividend payers in the CN market (0.39%).

High Dividend: 603615's dividend (6.68%) is in the top 25% of dividend payers in the CN market (1.81%)


Stability and Growth of Payments

Stable Dividend: Whilst dividend payments have been stable, 603615 has been paying a dividend for less than 10 years.

Growing Dividend: 603615's dividend payments have increased, but the company has only paid a dividend for 4 years.


Current Payout to Shareholders

Dividend Coverage: With its high payout ratio (375.1%), 603615's dividend payments are not well 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?


CEO

Chahua Modern Housewares has no CEO, or we have no data on them.


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

Chahua Modern Housewares Co., Ltd.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Chahua Modern Housewares Co., Ltd.
  • Ticker: 603615
  • Exchange: SHSE
  • Founded: 1997
  • Industry: Housewares and Specialties
  • Sector: Consumer Durables
  • Market Cap: CN¥2.196b
  • Shares outstanding: 244.55m
  • Website: https://www.chahuajj.com

Number of Employees


Location

  • Chahua Modern Housewares Co., Ltd.
  • 168 Jiaokeng Road
  • Gushan
  • Fuzhou
  • Fujian Province
  • 350014
  • China

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
603615SHSE (Shanghai Stock Exchange)YesDomestic SharesCNCNYFeb 2017

Biography

Chahua Modern Housewares Co., Ltd. engages in the design, development, production, and sale of various plastic housewares in China. The company offers kitchen products, such as lunch boxes, food containers...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/01/23 09:33
End of Day Share Price2021/01/22 00:00
Earnings2020/09/30
Annual Earnings2019/12/31


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.