CoCreation Grass Co., Ltd manufactures and sells artificial grass worldwide. More Details
Outstanding track record with flawless balance sheet.
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 +/- 9% a week.
Volatility Over Time: 605099's weekly volatility (9%) has been stable over the past year, but is still higher than 75% of CN stocks.
7 Day Return
1 Year Return
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.
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
Is CoCreation Grass undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: 605099 (CN¥36.92) is trading above our estimate of fair value (CN¥7.69)
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 (33.3x) compared to the CN Leisure industry average (36.3x).
PE vs Market: 605099 is good value based on its PE Ratio (33.3x) compared to the CN market (34.5x).
Price to Earnings Growth Ratio
PEG Ratio: 605099 is poor value based on its PEG Ratio (1.7x)
Price to Book Ratio
PB vs Industry: 605099 is overvalued based on its PB Ratio (8.1x) compared to the CN Leisure industry average (2.8x).
How is CoCreation Grass forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 605099's forecast earnings growth (19.3% per year) is above the savings rate (3.3%).
Earnings vs Market: 605099's earnings (19.3% per year) are forecast to grow slower than the CN market (23.5% per year).
High Growth Earnings: 605099's earnings are forecast to grow, but not significantly.
Revenue vs Market: 605099's revenue (18% per year) is forecast to grow faster than the CN market (18% per year).
High Growth Revenue: 605099's revenue (18% per year) is forecast to grow slower 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 (20.1%)
How has CoCreation Grass performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 605099 has high quality earnings.
Growing Profit Margin: 605099's current net profit margins (22.2%) are higher than last year (18.3%).
Past Earnings Growth Analysis
Earnings Trend: 605099's earnings have grown by 15% per year over the past 5 years.
Accelerating Growth: 605099's earnings growth over the past year (44.2%) exceeds its 5-year average (15% per year).
Earnings vs Industry: 605099 earnings growth over the past year (44.2%) exceeded the Leisure industry 20.9%.
Return on Equity
High ROE: 605099's Return on Equity (22.6%) is considered high.
How is CoCreation Grass's financial position?
Financial Position Analysis
Short Term Liabilities: 605099's short term assets (CN¥1.3B) exceed its short term liabilities (CN¥198.5M).
Long Term Liabilities: 605099's short term assets (CN¥1.3B) exceed its long term liabilities (CN¥53.8M).
Debt to Equity History and Analysis
Debt Level: 605099 is debt free.
Reducing Debt: 605099 had no debt 5 years ago.
Debt Coverage: 605099 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 605099 has no debt, therefore coverage of interest payments is not a concern.
What is CoCreation Grass's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 605099's dividend (1.35%) is higher than the bottom 25% of dividend payers in the CN market (0.42%).
High Dividend: 605099's dividend (1.35%) is low compared to the top 25% of dividend payers in the CN market (1.79%).
Stability and Growth of Payments
Stable Dividend: Too early to tell whether 605099's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if 605099's dividend payments are increasing as they only just started paying a dividend.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (45%), 605099's dividend payments are 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.
How experienced are the management team and are they aligned to shareholders interests?
CoCreation Grass 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: 605099 only recently listed within the past 12 months.
CoCreation Grass Co., Ltd's company bio, employee growth, exchange listings and data sources
- Name: CoCreation Grass Co., Ltd
- Ticker: 605099
- Exchange: SHSE
- Founded: NaN
- Industry: Leisure Products
- Sector: Consumer Durables
- Market Cap: CN¥14.851b
- Shares outstanding: 402.25m
- Website: https://www.ccgrass.com
Number of Employees
- CoCreation Grass Co., Ltd
- Dadi Building
- Floor 18
- Jiangsu Province
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
|Data||Last Updated (UTC time)|
|Company Analysis||2021/04/10 09:00|
|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.