How does 900905's PE Ratio compare to its peers?

900905 is good value based on its Price-To-Earnings Ratio (13.4x) compared to the peer average (16.9x).

How does 900905's PE Ratio compare vs other companies in the CN Luxury Industry?

900905 is good value based on its Price-To-Earnings Ratio (13.4x) compared to the CN Luxury industry average (23x).

What is 900905's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

900905 is good value based on its Price-To-Earnings Ratio (13.4x) compared to the estimated Fair Price-To-Earnings Ratio (18x).

What is the Fair Price of 900905 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

900905 ($3.56) is trading above our estimate of [[fair value]] ($3.32)

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Insufficient data to show price forecast.

900905 Stock Overview

Operates in the jewelry industry in the People's Republic of China and internationally. More details

900905 fundamental analysis
Snowflake Score
Valuation	3/6
Future Growth	1/6
Past Performance	3/6
Financial Health	6/6
Dividends	6/6

Rewards

Price-To-Earnings ratio (13.4x) is below the CN market (34.6x)

Earnings are forecast to grow 10.71% per year

Pays a high and reliable dividend of 3.77%

Trading at good value compared to peers and industry

Risk Analysis

No risks detected for 900905 from our risk checks.

My Notes

Capture your thoughts, links and company narrative

Lao Feng Xiang Co., Ltd. Competitors

Zhejiang Weixing Industrial Development

SZSE:002003

CN¥16.3b

China National Gold Group Gold JewelleryLtd

SHSE:600916

CN¥14.1b

Zhejiang Semir Garment

SZSE:002563

CN¥15.9b

Chow Tai Seng Jewellery

SZSE:002867

CN¥13.5b

Price History & Performance

Summary of share price highs, lows and changes for Lao Feng Xiang
Historical stock prices
Current Share Price	CN¥3.56
52 Week High	CN¥4.20
52 Week Low	CN¥3.33
Beta	0.63
1 Month Change	1.60%
3 Month Change	-6.68%
1 Year Change	-0.64%
3 Year Change	4.80%
5 Year Change	9.50%
Change since IPO	4,415.26%

Recent updates

Shareholder Returns

	900905	CN Luxury	CN Market
7D	0.3%	-1.2%	0.6%
1Y	-0.6%	0.1%	12.8%

Return vs Industry: 900905 matched the CN Luxury industry which returned 0.1% over the past year.

Return vs Market: 900905 underperformed the CN Market which returned 12.8% over the past year.

Price Volatility

Is 900905's price volatile compared to industry and market?
900905 volatility
900905 Average Weekly Movement	2.6%
Luxury Industry Average Movement	6.9%
Market Average Movement	6.9%
10% most volatile stocks in CN Market	10.9%
10% least volatile stocks in CN Market	4.1%

Stable Share Price: 900905 has not had significant price volatility in the past 3 months compared to the CN market.

Volatility Over Time: 900905's weekly volatility (3%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1848	2,347	Hua Huang	www.laofengxiang.com

Lao Feng Xiang Co., Ltd. operates in the jewelry industry in the People's Republic of China and internationally. The company researches, designs, produces, and sells gold, silver, platinum, diamonds, jade, pearls, gold inlays, colored gemstones, enamel, red coral, and other jewelry, as well as K gold glasses, and craft travel souvenirs. The company was formerly known as China First Pencil Co., Ltd.

Lao Feng Xiang Co., Ltd. Fundamentals Summary

How do Lao Feng Xiang's earnings and revenue compare to its market cap?
900905 fundamental statistics
Market cap	US$3.00b
Earnings (TTM)	US$278.27m
Revenue (TTM)	US$8.51b

13.4x

P/E Ratio

0.4x

P/S Ratio

Is 900905 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
900905 income statement (TTM)
Revenue	CN¥61.95b
Cost of Revenue	CN¥56.57b
Gross Profit	CN¥5.38b
Other Expenses	CN¥3.35b
Earnings	CN¥2.03b

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

Apr 29, 2025

Earnings per share (EPS)	3.87
Gross Margin	8.68%
Net Profit Margin	3.27%
Debt/Equity Ratio	35.9%

How did 900905 perform over the long term?

See historical performance and comparison

Dividends

3.8%

Current Dividend Yield

50%

Payout Ratio

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/01/23 09:27
End of Day Share Price	2025/01/23 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Lao Feng Xiang Co., Ltd. is covered by 31 analysts. 12 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Jin Li	Changjiang Securities Co. LTD.
Runbo Yang	China International Capital Corporation Limited
Haiyan Guo	China International Capital Corporation Limited