FIYTA Precision Technology Co., Ltd., together with its subsidiaries, engages in timepiece business primarily in China. More Details
Flawless balance sheet with solid track record and pays a dividend.
Share Price & News
How has FIYTA Precision Technology's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 000026 is more volatile than 75% of CN stocks over the past 3 months, typically moving +/- 8% a week.
Volatility Over Time: 000026's weekly volatility (8%) 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: 000026 exceeded the CN Luxury industry which returned 12.3% over the past year.
Return vs Market: 000026 exceeded the CN Market which returned 28.4% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is FIYTA Precision Technology's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is FIYTA Precision Technology 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: 000026 (CN¥15.95) is trading above our estimate of fair value (CN¥9.67)
Significantly Below Fair Value: 000026 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 000026 is good value based on its PE Ratio (9.1x) compared to the CN Luxury industry average (33.5x).
PE vs Market: 000026 is good value based on its PE Ratio (9.1x) compared to the CN market (33.9x).
Price to Earnings Growth Ratio
PEG Ratio: 000026 is good value based on its PEG Ratio (0.4x)
Price to Book Ratio
PB vs Industry: 000026 is good value based on its PB Ratio (0.9x) compared to the CN Luxury industry average (2x).
How is FIYTA Precision Technology forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 000026's forecast earnings growth (20.9% per year) is above the savings rate (3.3%).
Earnings vs Market: 000026's earnings (20.9% per year) are forecast to grow slower than the CN market (23.4% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: 000026's revenue (18.7% per year) is forecast to grow faster than the CN market (17.9% per year).
High Growth Revenue: 000026's revenue (18.7% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 000026's Return on Equity is forecast to be low in 3 years time (14.8%).
How has FIYTA Precision Technology performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 000026 has high quality earnings.
Growing Profit Margin: 000026's current net profit margins (6.9%) are higher than last year (5.8%).
Past Earnings Growth Analysis
Earnings Trend: 000026's earnings have grown by 16.2% per year over the past 5 years.
Accelerating Growth: 000026's earnings growth over the past year (36.8%) exceeds its 5-year average (16.2% per year).
Earnings vs Industry: 000026 earnings growth over the past year (36.8%) exceeded the Luxury industry 2.3%.
Return on Equity
High ROE: 000026's Return on Equity (10.5%) is considered low.
How is FIYTA Precision Technology's financial position?
Financial Position Analysis
Short Term Liabilities: 000026's short term assets (CN¥3.0B) exceed its short term liabilities (CN¥1.2B).
Long Term Liabilities: 000026's short term assets (CN¥3.0B) exceed its long term liabilities (CN¥10.1M).
Debt to Equity History and Analysis
Debt Level: 000026's debt to equity ratio (19.5%) is considered satisfactory.
Reducing Debt: 000026's debt to equity ratio has reduced from 68.8% to 19.5% over the past 5 years.
Debt Coverage: 000026's debt is well covered by operating cash flow (69.1%).
Interest Coverage: 000026's interest payments on its debt are well covered by EBIT (23x coverage).
What is FIYTA Precision Technology current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 000026's dividend (6.5%) is higher than the bottom 25% of dividend payers in the CN market (0.43%).
High Dividend: 000026's dividend (6.5%) is in the top 25% of dividend payers in the CN market (1.81%)
Stability and Growth of Payments
Stable Dividend: 000026's dividends per share have been stable in the past 10 years.
Growing Dividend: 000026's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (59.1%), 000026's dividend 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.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Chen Libin (56 yo)
Mr. Chen Libin has been a General Manager of FIYTA Precision Technology Co., Ltd. (formerly known as Fiyta Holdings Ltd.) since March 08, 2017 and served as its Deputy General Manager until March 08, 2017....
Experienced Management: 000026's management team is considered experienced (4.5 years average tenure).
Experienced Board: 000026's board of directors are not considered experienced ( 2.6 years average tenure), which suggests a new board.
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: Shareholders have not been meaningfully diluted in the past year.
FIYTA Precision Technology Co., Ltd.'s company bio, employee growth, exchange listings and data sources
- Name: FIYTA Precision Technology Co., Ltd.
- Ticker: 26
- Exchange: SZSE
- Founded: 1987
- Industry: Apparel, Accessories and Luxury Goods
- Sector: Consumer Durables
- Market Cap: HK$7.400b
- Listing Market Cap: HK$6.233b
- Shares outstanding: 425.74m
- Website: https://www.fiytagroup.com
Number of Employees
- FIYTA Precision Technology Co., Ltd.
- FIYTA Hi-tech Building
- 20th Floor
- Guangdong Province
FIYTA Precision Technology Co., Ltd., together with its subsidiaries, engages in timepiece business primarily in China. It is involved in the designing, production, sale, import, and export of watches, dri...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/04/11 09:12|
|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.