Ningxia Zhongyin Cashmere
Market Cap
CN¥4.8b
Last Updated
2021/01/23 09:22 UTC
Data Sources
Company Financials
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
| 982 | Industry | Market | |
|---|---|---|---|
| 7 Day | -1.8% | 2.0% | 2.9% |
| 30 Day | 4.7% | -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 Year | n/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
- Examine Ningxia Zhongyin Cashmere's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
- Explore growth companies in the Consumer Durables industry.
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
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| General Manager | 6.25yrs | CN¥77.10k | no data | |
| Chief Financial Officer | 10.83yrs | CN¥265.10k | no data | |
| Deputy General Manager | 13.08yrs | CN¥263.20k | no data | |
| Deputy General Manager | 13.08yrs | CN¥385.10k | no data | |
| Deputy General Manager & Non-Independent Director | 3yrs | CN¥134.90k | no data | |
| Deputy General Manager | 13.08yrs | CN¥261.50k | no data | |
| Deputy General Manager | 6.33yrs | CN¥115.40k | no data | |
| Chief Engineer | 8.92yrs | CN¥213.20k | no data | |
| Deputy General Manager & Secretary to the Board | no data | CN¥265.10k | no data | |
| Assistant to the Chairman of the Board of Directors | 10.75yrs | CN¥265.10k | no data | |
| Deputy General Manager & Non-Independent Director | 3yrs | no data | no 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
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Deputy General Manager & Non-Independent Director | 3yrs | CN¥134.90k | no data | |
| Deputy General Manager & Non-Independent Director | 3yrs | no data | no data | |
| Chairman of the Supervisory Board | no data | no data | no data | |
| Member of the Supervisory Board | no data | no data | no data | |
| Employee Representative Member of the Supervisory Board | no data | no data | no data | |
| Non-Independent Director | 3yrs | no data | no data | |
| Non-Independent Director | 3yrs | no data | no data | |
| Non-Independent Director | 3yrs | no data | no data | |
| Non-Independent Director | 3yrs | no data | no data | |
| Independent Director | 3yrs | no data | no data | |
| Independent Director | 3yrs | no data | no data | |
| Independent Director | 3yrs | no data | no 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
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| 982 | SZSE (Shenzhen Stock Exchange) | Yes | A Shares | CN | CNY | Jul 2000 |
| 982 | XSEC (Shenzhen Stock Exchange - Shenzhen-Hong Kong Stock Connect) | Yes | A Shares | CN | CNY | Jul 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
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/01/23 09:22 |
| End of Day Share Price | 2021/01/22 00:00 |
| Earnings | 2020/09/30 |
| Annual Earnings | 2019/12/31 |
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.