Elec-Tech International
Market Cap
CN¥1.9b
Last Updated
2021/01/23 09:23 UTC
Data Sources
Company Financials
Executive Summary
Elec-Tech International Co., Ltd., together with its subsidiaries, manufactures and sells small appliances and LED products in China and internationally. More Details
Rewards
Risk Analysis
Snowflake Analysis
Excellent balance sheet and fair value.
Share Price & News
How has Elec-Tech International's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 002005 is not significantly more volatile than the rest of CN stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: 002005's weekly volatility (5%) has been stable over the past year.
Market Performance
7 Day Return
7.0%
2005
2.2%
CN Consumer Durables
2.9%
CN Market
1 Year Return
-42.2%
2005
46.5%
CN Consumer Durables
31.8%
CN Market
Return vs Industry: 002005 underperformed the CN Consumer Durables industry which returned 46.5% over the past year.
Return vs Market: 002005 underperformed the CN Market which returned 31.8% over the past year.
Shareholder returns
| 2005 | Industry | Market | |
|---|---|---|---|
| 7 Day | 7.0% | 2.2% | 2.9% |
| 30 Day | -13.7% | 11.5% | 7.2% |
| 90 Day | -17.7% | 23.5% | 11.5% |
| 1 Year | -42.2%-42.2% | 49.8%46.5% | 34.0%31.8% |
| 3 Year | -75.5%-75.5% | 39.3%31.3% | 23.1%17.0% |
| 5 Year | -80.7%-80.7% | 160.5%137.0% | 51.6%41.1% |
Long-Term Price Volatility Vs. Market
How volatile is Elec-Tech International's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Valuation
Is Elec-Tech International undervalued compared to its fair value and its price relative to the market?
6.76x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate 002005's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate 002005's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: 002005 is good value based on its PE Ratio (6.8x) compared to the CN Consumer Durables industry average (31.3x).
PE vs Market: 002005 is good value based on its PE Ratio (6.8x) compared to the CN market (35.1x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 002005's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 002005 is good value based on its PB Ratio (0.8x) compared to the CN Consumer Durables industry average (3.1x).
Next Steps
Future Growth
How is Elec-Tech International forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
20.5%
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 Elec-Tech International 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 whether Elec-Tech International is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
- Explore growth companies in the Consumer Durables industry.
Past Performance
How has Elec-Tech International performed over the past 5 years?
-34.9%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 002005 has a large one-off loss of CN¥352.9M impacting its September 30 2020 financial results.
Growing Profit Margin: 002005 became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: 002005 has become profitable over the past 5 years, growing earnings by -34.9% per year.
Accelerating Growth: 002005 has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: 002005 has become profitable in the last year, making it difficult to compare its past year earnings growth to the Consumer Durables industry (6.7%).
Return on Equity
High ROE: 002005's Return on Equity (11.2%) is considered low.
Next Steps
Financial Health
How is Elec-Tech International's financial position?
Financial Position Analysis
Short Term Liabilities: 002005's short term assets (CN¥2.0B) exceed its short term liabilities (CN¥1.9B).
Long Term Liabilities: 002005's short term assets (CN¥2.0B) exceed its long term liabilities (CN¥686.4M).
Debt to Equity History and Analysis
Debt Level: 002005's debt to equity ratio (0.4%) is considered satisfactory.
Reducing Debt: 002005's debt to equity ratio has reduced from 75% to 0.4% over the past 5 years.
Debt Coverage: 002005's debt is well covered by operating cash flow (961.1%).
Interest Coverage: Insufficient data to determine if 002005's interest payments on its debt are well covered by EBIT.
Balance Sheet
Next Steps
Dividend
What is Elec-Tech International current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate 002005's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate 002005'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 002005's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if 002005's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: 002005 is not paying a notable dividend for the CN market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of 002005'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?
1.4yrs
Average board tenure
CEO
Huating Li (58 yo)
no data
Tenure
CN¥216,500
Compensation
Mr. Hua Ting Li serves as Vice Chairman and Acting General Manager of Elec-Tech International Co., Ltd. Previously, Mr. Li served as the President of Elec-Tech International Co., Ltd. He served as director...
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Vice Chairman and Acting General Manager | no data | CN¥216.50k | no data | |
| Deputy General Manager and Director | no data | CN¥410.20k | no data | |
| Chairman | no data | no data | no data | |
| Independent Director | 4.75yrs | no data | no data | |
| Vice Chairman | no data | CN¥243.80k | 1.95% CN¥ 36.8m | |
| Independent Director | no data | CN¥75.00k | no data | |
| Non-Independent Director | no data | no data | no data | |
| Non-Independent Director | no data | no data | no data | |
| Independent Director | no data | no data | no data | |
| Independent Director | 1.42yrs | no data | no data | |
| Non-Independent Director | 1.42yrs | no data | no data | |
| Non-Independent Director | 1.42yrs | no data | no data |
1.4yrs
Average Tenure
56yo
Average Age
Experienced Board: 002005's board of directors are not considered experienced ( 1.4 years average tenure), which suggests a new board.
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
Elec-Tech International Co., Ltd.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Elec-Tech International Co., Ltd.
- Ticker: 2005
- Exchange: SZSE
- Founded: 1996
- Industry: Household Appliances
- Sector: Consumer Durables
- Market Cap: CN¥1.888b
- Shares outstanding: 1.76b
- Website: https://www.electech.com.cn
Number of Employees
Location
- Elec-Tech International Co., Ltd.
- No. 1 Jinfeng Road
- Tangjiawan Town
- Zhuhai
- Guangdong Province
- 519085
- China
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| 2005 | SZSE (Shenzhen Stock Exchange) | Yes | Domestic Shares | CN | CNY | Jun 2004 |
| 2005 | XSEC (Shenzhen Stock Exchange - Shenzhen-Hong Kong Stock Connect) | Yes | Domestic Shares | CN | CNY | Jun 2004 |
Biography
Elec-Tech International Co., Ltd., together with its subsidiaries, manufactures and sells small appliances and LED products in China and internationally. Its products include light source appliances, such ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/01/23 09:23 |
| 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.