SZSE:000982

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Ningxia Zhongyin Cashmere

Executive Summary

Ningxia Zhongyin Cashmere Co., Ltd. manufactures, sells, and exports cashmere products in the People’s Republic of China and internationally. More Details


Snowflake Analysis

Flawless balance sheet with weak fundamentals.

Share Price & News

How has Ningxia Zhongyin Cashmere's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 000982 is less volatile than 75% of CN stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: 000982's weekly volatility (4%) has been stable over the past year.


Market Performance


7 Day Return

-1.8%

982

2.0%

CN Luxury

2.9%

CN Market


1 Year Return

-27.3%

982

-3.4%

CN Luxury

31.8%

CN Market

Return vs Industry: 000982 underperformed the CN Luxury industry which returned -3.4% over the past year.

Return vs Market: 000982 underperformed the CN Market which returned 31.8% over the past year.


Shareholder returns

982IndustryMarket
7 Day-1.8%2.0%2.9%
30 Day4.7%-3.6%7.2%
90 Day-5.9%-11.2%11.5%
1 Year-27.3%-27.3%-1.3%-3.4%34.0%31.8%
3 Year-72.5%-72.5%-24.7%-28.8%23.1%17.0%
5 Yearn/a-30.8%-35.9%51.6%41.1%

Long-Term Price Volatility Vs. Market

How volatile is Ningxia Zhongyin Cashmere's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Ningxia Zhongyin Cashmere undervalued compared to its fair value and its price relative to the market?

4.28x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate 000982's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate 000982's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: 000982 is unprofitable, so we can't compare its PE Ratio to the CN Luxury industry average.

PE vs Market: 000982 is unprofitable, so we can't compare its PE Ratio to the CN market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 000982's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 000982 is overvalued based on its PB Ratio (4.3x) compared to the CN Luxury industry average (1.8x).


Next Steps

Future Growth

How is Ningxia Zhongyin Cashmere forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

31.5%

Forecasted Consumer Durables industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Ningxia Zhongyin Cashmere has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Ningxia Zhongyin Cashmere performed over the past 5 years?

-31.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 000982 is currently unprofitable.

Growing Profit Margin: 000982 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: 000982 is unprofitable, and losses have increased over the past 5 years at a rate of 31.3% per year.

Accelerating Growth: Unable to compare 000982's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 000982 is unprofitable, making it difficult to compare its past year earnings growth to the Luxury industry (-10.3%).


Return on Equity

High ROE: 000982 has a negative Return on Equity (-181.64%), as it is currently unprofitable.


Next Steps

Financial Health

How is Ningxia Zhongyin Cashmere's financial position?


Financial Position Analysis

Short Term Liabilities: 000982's short term assets (CN¥1.1B) exceed its short term liabilities (CN¥82.9M).

Long Term Liabilities: 000982 has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: 000982's debt to equity ratio (1%) is considered satisfactory.

Reducing Debt: 000982's debt to equity ratio has reduced from 202.2% to 1% over the past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: 000982 has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: 000982 has sufficient cash runway for 1.1 years if free cash flow continues to grow at historical rates of 34.2% each year.


Next Steps

Dividend

What is Ningxia Zhongyin Cashmere current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 000982's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 000982'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 000982's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 000982's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: 000982 is not paying a notable dividend for the CN market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 000982'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?

10.8yrs

Average management tenure


CEO

Wei Li (52 yo)

6.25yrs

Tenure

CN¥77,100

Compensation

Mr. Wei Dong Li has been General Manager at Ningxia Zhongyin Cashmere Co., Ltd. since October 27, 2014 and served as its Chairman. Mr. Li has been Chairman of the Board of Directors and General Manager of ...


Leadership Team

NamePositionTenureCompensationOwnership
Wei Li
General Manager6.25yrsCN¥77.10kno data
Jie Lu
Chief Financial Officer10.83yrsCN¥265.10kno data
Jian Wu Zhang
Deputy General Manager13.08yrsCN¥263.20kno data
Feng Ma
Deputy General Manager13.08yrsCN¥385.10kno data
Lei Shi
Deputy General Manager & Non-Independent Director3yrsCN¥134.90kno data
Lin Li
Deputy General Manager13.08yrsCN¥261.50kno data
Xiao Jun Yang
Deputy General Manager6.33yrsCN¥115.40kno data
Fa Zhou Li
Chief Engineer8.92yrsCN¥213.20kno data
Xiaofei Chen
Deputy General Manager & Secretary to the Boardno dataCN¥265.10kno data
Xin Wang
Assistant to the Chairman of the Board of Directors10.75yrsCN¥265.10kno data
Guangli Hao
Deputy General Manager & Non-Independent Director3yrsno datano data

10.8yrs

Average Tenure

51yo

Average Age

Experienced Management: 000982's management team is seasoned and experienced (10.8 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Lei Shi
Deputy General Manager & Non-Independent Director3yrsCN¥134.90kno data
Guangli Hao
Deputy General Manager & Non-Independent Director3yrsno datano data
Shengming Ma
Chairman of the Supervisory Boardno datano datano data
Qian Wei Chen
Member of the Supervisory Boardno datano datano data
Yue Hua Jin
Employee Representative Member of the Supervisory Boardno datano datano data
Yingjie Zhan
Non-Independent Director3yrsno datano data
Ping Dai
Non-Independent Director3yrsno datano data
Ning Tang
Non-Independent Director3yrsno datano data
Cuifang Ma
Non-Independent Director3yrsno datano data
Guojun An
Independent Director3yrsno datano data
Pengfang Tong
Independent Director3yrsno datano data
Shiquan Yu
Independent Director3yrsno datano data

3.0yrs

Average Tenure

47yo

Average Age

Experienced Board: 000982's board of directors are considered experienced (3 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

Ningxia Zhongyin Cashmere Co., Ltd.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Ningxia Zhongyin Cashmere Co., Ltd.
  • Ticker: 982
  • Exchange: SZSE
  • Founded: 1998
  • Industry: Apparel, Accessories and Luxury Goods
  • Sector: Consumer Durables
  • Market Cap: CN¥4.773b
  • Shares outstanding: 4.26b
  • Website: https://www.zhongyincashmere.com

Number of Employees


Location

  • Ningxia Zhongyin Cashmere Co., Ltd.
  • The cashmere industry park
  • Lingwu
  • Ningxia Hui Province
  • China

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
982SZSE (Shenzhen Stock Exchange)YesA SharesCNCNYJul 2000
982XSEC (Shenzhen Stock Exchange - Shenzhen-Hong Kong Stock Connect)YesA SharesCNCNYJul 2000

Biography

Ningxia Zhongyin Cashmere Co., Ltd. manufactures, sells, and exports cashmere products in the People’s Republic of China and internationally. The company offers woolen cashmere, worsted cashmere, linen, an...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/01/23 09:22
End of Day Share Price2021/01/22 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.