Hisense Home Appliances Group
Market Cap
CN¥15.8b
Last Updated
2021/04/19 09:05 UTC
Data Sources
Company Financials +
Executive Summary
Hisense Home Appliances Group Co., Ltd. manufactures and sells white household electrical appliances under the Hisense, Kelon, and Ronshen brands in the People’s Republic of China and internationally. More Details
Rewards
Risk Analysis
Snowflake Analysis
Flawless balance sheet, undervalued and pays a dividend.
Share Price & News
How has Hisense Home Appliances Group's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 000921 is not significantly more volatile than the rest of CN stocks over the past 3 months, typically moving +/- 7% a week.
Volatility Over Time: 000921's weekly volatility (7%) has been stable over the past year.
Market Performance
7 Day Return
1.2%
921
-1.7%
CN Consumer Durables
-0.8%
CN Market
1 Year Return
83.0%
921
49.6%
CN Consumer Durables
24.8%
CN Market
Return vs Industry: 000921 exceeded the CN Consumer Durables industry which returned 49.6% over the past year.
Return vs Market: 000921 exceeded the CN Market which returned 24.8% over the past year.
Shareholder returns
| 921 | Industry | Market | |
|---|---|---|---|
| 7 Day | 1.2% | -1.7% | -0.8% |
| 30 Day | 19.4% | 0.2% | 0.9% |
| 90 Day | 6.4% | -8.8% | -6.6% |
| 1 Year | 88.8%83.0% | 52.9%49.6% | 26.7%24.8% |
| 3 Year | 90.7%72.2% | 48.7%40.2% | 28.9%22.6% |
| 5 Year | 169.0%134.2% | 120.4%101.0% | 30.2%21.5% |
Long-Term Price Volatility Vs. Market
How volatile is Hisense Home Appliances Group's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Valuation
Is Hisense Home Appliances Group undervalued compared to its fair value and its price relative to the market?
>50%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: 000921 (CN¥17.68) is trading below our estimate of fair value (CN¥382.14)
Significantly Below Fair Value: 000921 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 000921 is good value based on its PE Ratio (15.2x) compared to the CN Consumer Durables industry average (29.1x).
PE vs Market: 000921 is good value based on its PE Ratio (15.2x) compared to the CN market (33.5x).
Price to Earnings Growth Ratio
PEG Ratio: 000921 is poor value based on its PEG Ratio (1.1x)
Price to Book Ratio
PB vs Industry: 000921 is good value based on its PB Ratio (2.5x) compared to the CN Consumer Durables industry average (3.2x).
Future Growth
How is Hisense Home Appliances Group forecast to perform in the next 1 to 3 years based on estimates from 8 analysts?
13.6%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 000921's forecast earnings growth (13.6% per year) is above the savings rate (3.3%).
Earnings vs Market: 000921's earnings (13.6% per year) are forecast to grow slower than the CN market (22.9% per year).
High Growth Earnings: 000921's earnings are forecast to grow, but not significantly.
Revenue vs Market: 000921's revenue (9% per year) is forecast to grow slower than the CN market (17.7% per year).
High Growth Revenue: 000921's revenue (9% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 000921's Return on Equity is forecast to be low in 3 years time (15.7%).
Past Performance
How has Hisense Home Appliances Group performed over the past 5 years?
11.7%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 000921 has high quality earnings.
Growing Profit Margin: 000921's current net profit margins (3.3%) are lower than last year (4.8%).
Past Earnings Growth Analysis
Earnings Trend: 000921's earnings have grown by 11.7% per year over the past 5 years.
Accelerating Growth: 000921's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 000921 had negative earnings growth (-11.8%) over the past year, making it difficult to compare to the Consumer Durables industry average (7.1%).
Return on Equity
High ROE: 000921's Return on Equity (19.8%) is considered low.
Financial Health
How is Hisense Home Appliances Group's financial position?
Financial Position Analysis
Short Term Liabilities: 000921's short term assets (CN¥30.2B) exceed its short term liabilities (CN¥26.7B).
Long Term Liabilities: 000921's short term assets (CN¥30.2B) exceed its long term liabilities (CN¥685.8M).
Debt to Equity History and Analysis
Debt Level: 000921's debt to equity ratio (0.2%) is considered satisfactory.
Reducing Debt: 000921's debt to equity ratio has reduced from 5.1% to 0.2% over the past 5 years.
Debt Coverage: 000921's debt is well covered by operating cash flow (27070.8%).
Interest Coverage: 000921 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
Dividend
What is Hisense Home Appliances Group current dividend yield, its reliability and sustainability?
1.96%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 000921's dividend (1.96%) is higher than the bottom 25% of dividend payers in the CN market (0.44%).
High Dividend: 000921's dividend (1.96%) is in the top 25% of dividend payers in the CN market (1.83%)
Stability and Growth of Payments
Stable Dividend: 000921 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 000921's dividend payments have increased, but the company has only paid a dividend for 5 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (29.9%), 000921's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: 000921's dividends in 3 years are forecast to be well covered by earnings (27.9% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
2.6yrs
Average management tenure
CEO
Yue Bin Duan (39 yo)
1.08yrs
Tenure
Mr. Yue Bin Duan is an Executive Director at Hisense Home Appliances Group Co., Ltd since June 23, 2020. He has been the President at Hisense Home Appliances Group Co., Ltd. since March 5, 2020. Mr. Duan h...
Leadership Team
Experienced Management: 000921's management team is considered experienced (2.6 years average tenure).
Board Members
Experienced Board: 000921's board of directors are considered experienced (4.8 years average tenure).
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
Hisense Home Appliances Group Co., Ltd.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Hisense Home Appliances Group Co., Ltd.
- Ticker: 921
- Exchange: SZSE
- Founded: 1984
- Industry: Household Appliances
- Sector: Consumer Durables
- Market Cap: CN¥15.760b
- Shares outstanding: 903.14m
- Website: https://hxjd.hisense.cn
Number of Employees
Location
- Hisense Home Appliances Group Co., Ltd.
- No. 8, Ronggang Road
- Ronggui Street
- Foshan
- Guangdong Province
- 528303
- China
Listings
Biography
Hisense Home Appliances Group Co., Ltd. manufactures and sells white household electrical appliances under the Hisense, Kelon, and Ronshen brands in the People’s Republic of China and internationally. The ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/04/19 09:05 |
| End of Day Share Price | 2021/04/19 00:00 |
| Earnings | 2020/12/31 |
| Annual Earnings | 2020/12/31 |
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.