ZOY Home FurnishingLtd
Market Cap
CN¥1.7b
Last Updated
2021/01/21 09:22 UTC
Data Sources
Company Financials
Executive Summary
Zoy Home Furnishing Co.,Ltd. designs, produces, and sells furniture worldwide. More Details
Risk Analysis
Snowflake Analysis
Flawless balance sheet unattractive dividend payer.
Share Price & News
How has ZOY Home FurnishingLtd's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 603709 is not significantly more volatile than the rest of CN stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: 603709's weekly volatility (5%) has been stable over the past year.
Market Performance
7 Day Return
19.3%
603709
-1.0%
CN Consumer Durables
0.5%
CN Market
1 Year Return
-2.9%
603709
37.7%
CN Consumer Durables
25.8%
CN Market
Return vs Industry: 603709 underperformed the CN Consumer Durables industry which returned 37.7% over the past year.
Return vs Market: 603709 underperformed the CN Market which returned 25.8% over the past year.
Shareholder returns
| 603709 | Industry | Market | |
|---|---|---|---|
| 7 Day | 19.3% | -1.0% | 0.5% |
| 30 Day | 6.6% | 9.1% | 4.7% |
| 90 Day | -9.3% | 18.0% | 8.1% |
| 1 Year | -2.0%-2.9% | 40.8%37.7% | 27.9%25.8% |
| 3 Year | n/a | 37.7%29.7% | 21.3%15.3% |
| 5 Year | n/a | 154.2%131.6% | 49.4%39.2% |
Long-Term Price Volatility Vs. Market
How volatile is ZOY Home FurnishingLtd's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Valuation
Is ZOY Home FurnishingLtd undervalued compared to its fair value and its price relative to the market?
84.16x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: 603709 (CN¥23) is trading above our estimate of fair value (CN¥2.39)
Significantly Below Fair Value: 603709 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 603709 is poor value based on its PE Ratio (84.2x) compared to the CN Consumer Durables industry average (31.1x).
PE vs Market: 603709 is poor value based on its PE Ratio (84.2x) compared to the CN market (35.4x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 603709's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 603709 is good value based on its PB Ratio (2.9x) compared to the CN Consumer Durables industry average (3.1x).
Next Steps
Future Growth
How is ZOY Home FurnishingLtd 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 ZOY Home FurnishingLtd 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
- Examine ZOY Home FurnishingLtd's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
- Explore growth companies in the Consumer Durables industry.
Past Performance
How has ZOY Home FurnishingLtd performed over the past 5 years?
-15.3%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 603709 has a high level of non-cash earnings.
Growing Profit Margin: 603709's current net profit margins (2%) are lower than last year (8%).
Past Earnings Growth Analysis
Earnings Trend: 603709's earnings have declined by 15.3% per year over the past 5 years.
Accelerating Growth: 603709's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 603709 had negative earnings growth (-72.9%) over the past year, making it difficult to compare to the Consumer Durables industry average (6.7%).
Return on Equity
High ROE: 603709's Return on Equity (3.5%) is considered low.
Next Steps
Financial Health
How is ZOY Home FurnishingLtd's financial position?
Financial Position Analysis
Short Term Liabilities: 603709's short term assets (CN¥607.1M) exceed its short term liabilities (CN¥347.5M).
Long Term Liabilities: 603709's short term assets (CN¥607.1M) exceed its long term liabilities (CN¥2.4M).
Debt to Equity History and Analysis
Debt Level: 603709 is debt free.
Reducing Debt: 603709 has no debt compared to 5 years ago when its debt to equity ratio was 3.7%.
Debt Coverage: 603709 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 603709 has no debt, therefore coverage of interest payments is not a concern.
Balance Sheet
Next Steps
Dividend
What is ZOY Home FurnishingLtd current dividend yield, its reliability and sustainability?
1.00%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 603709's dividend (1%) is higher than the bottom 25% of dividend payers in the CN market (0.39%).
High Dividend: 603709's dividend (1%) 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, 603709 has been paying a dividend for less than 10 years.
Growing Dividend: 603709'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 (84.2%), 603709'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.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
CEO
Yong Cao (43 yo)
no data
Tenure
Mr. Cao Yong serves as the Chairman and General Manager at Zoy Home Furnishing Co., Ltd. Mr. Cao served as the General Manager at Anji Zoy Artwares Co., Ltd. from April 2013 to September 2015, its Chairman...
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
ZOY Home Furnishing Co.,Ltd's company bio, employee growth, exchange listings and data sources
Key Information
- Name: ZOY Home Furnishing Co.,Ltd
- Ticker: 603709
- Exchange: SHSE
- Founded: 2001
- Industry: Home Furnishings
- Sector: Consumer Durables
- Market Cap: CN¥1.673b
- Shares outstanding: 80.00m
- Website: https://www.zoy-living.com
Number of Employees
Location
- ZOY Home Furnishing Co.,Ltd
- Tong Pu Industrial Park
- Anji County
- Huzhou
- Zhejiang Province
- China
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| 603709 | SHSE (Shanghai Stock Exchange) | Yes | Domestic Shares | CN | CNY | Feb 2018 |
Biography
Zoy Home Furnishing Co.,Ltd. designs, produces, and sells furniture worldwide. It offers motion, power motion, and stationary sofas, as well as accent chairs, push back and lift recliners, and office chair...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/01/21 09:22 |
| End of Day Share Price | 2021/01/21 00:00 |
| Earnings | 2020/09/30 |
| Annual Earnings | 2019/12/31 |
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.