Harson Trading (China)
Market Cap
CN¥1.1b
Last Updated
2021/01/23 09:36 UTC
Data Sources
Company Financials +
Executive Summary
Harson Trading (China) Co., Ltd. manufactures and sells shoes for women primarily in China. More Details
Rewards
Risk Analysis
Snowflake Analysis
Flawless balance sheet with moderate growth potential.
Share Price & News
How has Harson Trading (China)'s share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 603958 is not significantly more volatile than the rest of CN stocks over the past 3 months, typically moving +/- 7% a week.
Volatility Over Time: 603958's weekly volatility (7%) has been stable over the past year.
Market Performance
7 Day Return
0.4%
603958
2.0%
CN Luxury
2.9%
CN Market
1 Year Return
-30.2%
603958
-3.4%
CN Luxury
31.8%
CN Market
Return vs Industry: 603958 underperformed the CN Luxury industry which returned -3.4% over the past year.
Return vs Market: 603958 underperformed the CN Market which returned 31.8% over the past year.
Shareholder returns
| 603958 | Industry | Market | |
|---|---|---|---|
| 7 Day | 0.4% | 2.0% | 2.9% |
| 30 Day | -18.4% | -3.6% | 7.2% |
| 90 Day | -25.5% | -11.2% | 11.5% |
| 1 Year | -29.9%-30.2% | -1.3%-3.4% | 34.0%31.8% |
| 3 Year | -62.8%-63.6% | -24.7%-28.8% | 23.1%17.0% |
| 5 Year | n/a | -30.8%-35.9% | 51.6%41.1% |
Long-Term Price Volatility Vs. Market
How volatile is Harson Trading (China)'s share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Valuation
Is Harson Trading (China) undervalued compared to its fair value and its price relative to the market?
1.15x
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: 603958 (CN¥5.18) is trading above our estimate of fair value (CN¥0.27)
Significantly Below Fair Value: 603958 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 603958 is unprofitable, so we can't compare its PE Ratio to the CN Luxury industry average.
PE vs Market: 603958 is unprofitable, so we can't compare its PE Ratio to the CN market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 603958's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 603958 is good value based on its PB Ratio (1.1x) compared to the CN Luxury industry average (1.8x).
Next Steps
Future Growth
How is Harson Trading (China) forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
112.2%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 603958 is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (3.3%).
Earnings vs Market: 603958 is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: 603958's is expected to become profitable in the next 3 years.
Revenue vs Market: 603958's revenue (10.1% per year) is forecast to grow slower than the CN market (18.3% per year).
High Growth Revenue: 603958's revenue (10.1% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 603958's Return on Equity is forecast to be low in 3 years time (3.3%).
Next Steps
Past Performance
How has Harson Trading (China) performed over the past 5 years?
-67.2%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 603958 is currently unprofitable.
Growing Profit Margin: 603958 is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: 603958 is unprofitable, and losses have increased over the past 5 years at a rate of 67.2% per year.
Accelerating Growth: Unable to compare 603958's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: 603958 is unprofitable, making it difficult to compare its past year earnings growth to the Luxury industry (-10.3%).
Return on Equity
High ROE: 603958 has a negative Return on Equity (-3.31%), as it is currently unprofitable.
Next Steps
Financial Health
How is Harson Trading (China)'s financial position?
Financial Position Analysis
Short Term Liabilities: 603958's short term assets (CN¥962.9M) exceed its short term liabilities (CN¥199.7M).
Long Term Liabilities: 603958's short term assets (CN¥962.9M) exceed its long term liabilities (CN¥777.7K).
Debt to Equity History and Analysis
Debt Level: 603958 is debt free.
Reducing Debt: 603958 has no debt compared to 5 years ago when its debt to equity ratio was 29.9%.
Debt Coverage: 603958 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 603958 has no debt, therefore coverage of interest payments is not a concern.
Balance Sheet
Next Steps
Dividend
What is Harson Trading (China) current dividend yield, its reliability and sustainability?
0.58%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 603958's dividend (0.58%) is higher than the bottom 25% of dividend payers in the CN market (0.39%).
High Dividend: 603958's dividend (0.58%) is low compared to the top 25% of dividend payers in the CN market (1.81%).
Stability and Growth of Payments
Stable Dividend: 603958 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 603958 has only been paying a dividend for 4 years, and since then payments have fallen.
Current Payout to Shareholders
Dividend Coverage: 603958 is paying a dividend but the company is unprofitable.
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
Harson Trading (China) 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
Harson Trading (China) Co., Ltd.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Harson Trading (China) Co., Ltd.
- Ticker: 603958
- Exchange: SHSE
- Founded: NaN
- Industry: Footwear
- Sector: Consumer Durables
- Market Cap: CN¥1.126b
- Shares outstanding: 217.36m
- Website: https://www.harson.com.cn
Number of Employees
Location
- Harson Trading (China) Co., Ltd.
- Economic Development Zone of Kunshan's floral emblem Town Cao An An Road, spent 1008
- Kunshan
- Jiangsu Province
- China
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| 603958 | SHSE (Shanghai Stock Exchange) | Yes | Domestic Shares | CN | CNY | Jun 2016 |
Biography
Harson Trading (China) Co., Ltd. manufactures and sells shoes for women primarily in China. The company is based in Kunshan, China.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/01/23 09:36 |
| End of Day Share Price | 2021/01/22 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.