SHSE:605099

Stock Analysis Report

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Executive Summary

CoCreation Grass Co., Ltd manufactures and sells artificial grass worldwide. More Details


Snowflake Analysis

Outstanding track record with high growth potential.

Share Price & News

How has CoCreation Grass's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 605099 is more volatile than 75% of CN stocks over the past 3 months, typically moving +/- 8% a week.

Volatility Over Time: Insufficient data to determine 605099's volatility change over the past year.


Market Performance


7 Day Return

-1.1%

605099

3.7%

CN Leisure

-1.2%

CN Market


1 Year Return

n/a

605099

12.3%

CN Leisure

25.4%

CN Market

Return vs Industry: Insufficient data to determine how 605099 performed against the CN Leisure industry.

Return vs Market: Insufficient data to determine how 605099 performed against the CN Market.


Shareholder returns

605099IndustryMarket
7 Day-1.1%3.7%-1.2%
30 Day-6.6%-1.0%4.3%
90 Day-8.7%-6.5%5.8%
1 Yearn/a13.4%12.3%27.5%25.4%
3 Yearn/a0.5%-1.9%23.2%17.0%
5 Yearn/a-58.8%-59.6%39.0%29.5%

Long-Term Price Volatility Vs. Market

How volatile is CoCreation Grass's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is CoCreation Grass undervalued compared to its fair value and its price relative to the market?

25.59x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: 605099 (CN¥27.36) is trading above our estimate of fair value (CN¥15.86)

Significantly Below Fair Value: 605099 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 605099 is good value based on its PE Ratio (25.6x) compared to the CN Leisure industry average (28.4x).

PE vs Market: 605099 is good value based on its PE Ratio (25.6x) compared to the CN market (35x).


Price to Earnings Growth Ratio

PEG Ratio: 605099 is poor value based on its PEG Ratio (1.2x)


Price to Book Ratio

PB vs Industry: 605099 is overvalued based on its PB Ratio (6.3x) compared to the CN Leisure industry average (2.7x).


Next Steps

Future Growth

How is CoCreation Grass forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?

20.7%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 605099's forecast earnings growth (20.7% per year) is above the savings rate (3.3%).

Earnings vs Market: 605099's earnings (20.7% per year) are forecast to grow slower than the CN market (24.2% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: 605099's revenue (21.1% per year) is forecast to grow faster than the CN market (18.1% per year).

High Growth Revenue: 605099's revenue (21.1% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: 605099's Return on Equity is forecast to be high in 3 years time (23.6%)


Next Steps

  • Explore growth companies in the Consumer Durables industry.

Past Performance

How has CoCreation Grass performed over the past 5 years?

13.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 605099 has high quality earnings.

Growing Profit Margin: 605099's current net profit margins (22.4%) are higher than last year (18.1%).


Past Earnings Growth Analysis

Earnings Trend: 605099's earnings have grown by 13.4% per year over the past 5 years.

Accelerating Growth: 605099's earnings growth over the past year (40.9%) exceeds its 5-year average (13.4% per year).

Earnings vs Industry: 605099 earnings growth over the past year (40.9%) exceeded the Leisure industry 23.8%.


Return on Equity

High ROE: 605099's Return on Equity (22.3%) is considered high.


Next Steps

Financial Health

How is CoCreation Grass's financial position?


Financial Position Analysis

Short Term Liabilities: 605099's short term assets (CN¥1.4B) exceed its short term liabilities (CN¥307.7M).

Long Term Liabilities: 605099's short term assets (CN¥1.4B) exceed its long term liabilities (CN¥55.3M).


Debt to Equity History and Analysis

Debt Level: 605099's debt to equity ratio (5.8%) is considered satisfactory.

Reducing Debt: Insufficient data to determine if 605099's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: 605099's debt is well covered by operating cash flow (423.9%).

Interest Coverage: 605099's interest payments on its debt are well covered by EBIT (94.1x coverage).


Balance Sheet


Next Steps

Dividend

What is CoCreation Grass's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 605099's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 605099's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if 605099's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 605099's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: 605099 is not paying a notable dividend for the CN market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 605099's dividend in 3 years as they are not forecast to pay a notable one for the CN market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?


CEO

CoCreation Grass 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: 605099 only recently listed within the past 12 months.


Top Shareholders

Company Information

CoCreation Grass Co., Ltd's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: CoCreation Grass Co., Ltd
  • Ticker: 605099
  • Exchange: SHSE
  • Founded:
  • Industry: Leisure Products
  • Sector: Consumer Durables
  • Market Cap: CN¥10.946b
  • Shares outstanding: 400.09m
  • Website: https://www.ccgrass.com

Number of Employees


Location

  • CoCreation Grass Co., Ltd
  • Dadi Building
  • Floor 18
  • Nanjing
  • Jiangsu Province
  • 210029
  • China

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
605099SHSE (Shanghai Stock Exchange)YesDomestic SharesCNCNYSep 2020

Biography

CoCreation Grass Co., Ltd manufactures and sells artificial grass worldwide. It provides artificial turf for athletic and landscape purposes. It serves professional football clubs, government bodies, schoo...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/01/16 09:26
End of Day Share Price2021/01/15 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.