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Market Cap

CN¥2.9b

Last Updated

2021/04/14 09:03 UTC

Data Sources

Company Financials

Executive Summary

Henan Xinye Textile Co., Ltd. produces and sells fabric yarns and apparel fabrics in China. More Details


Snowflake Analysis

Undervalued with adequate balance sheet.

Share Price & News

How has Henan Xinye Textile's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 002087 is less volatile than 75% of CN stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: 002087's weekly volatility (4%) has been stable over the past year.


Market Performance


7 Day Return

-3.5%

2087

-2.2%

CN Luxury

-3.2%

CN Market


1 Year Return

-22.9%

2087

7.7%

CN Luxury

24.0%

CN Market

Return vs Industry: 002087 underperformed the CN Luxury industry which returned 10.2% over the past year.

Return vs Market: 002087 underperformed the CN Market which returned 26.9% over the past year.


Shareholder returns

2087IndustryMarket
7 Day-3.5%-2.2%-3.2%
30 Day0.3%7.0%-1.5%
90 Day-0.3%13.7%-7.4%
1 Year-22.4%-22.9%9.8%7.7%25.9%24.0%
3 Year-23.0%-25.3%-7.7%-13.1%26.6%20.5%
5 Year-33.8%-36.2%-41.8%-45.8%22.2%14.1%

Long-Term Price Volatility Vs. Market

How volatile is Henan Xinye Textile's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Henan Xinye Textile 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: 002087 (CN¥3.6) is trading below our estimate of fair value (CN¥12.33)

Significantly Below Fair Value: 002087 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 002087 is good value based on its PE Ratio (12x) compared to the CN Luxury industry average (31.8x).

PE vs Market: 002087 is good value based on its PE Ratio (12x) compared to the CN market (33.4x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 002087's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 002087 is good value based on its PB Ratio (0.7x) compared to the CN Luxury industry average (2x).


Future Growth

How is Henan Xinye Textile forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

27.2%

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 Henan Xinye Textile 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.


Past Performance

How has Henan Xinye Textile performed over the past 5 years?

14.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 002087 has high quality earnings.

Growing Profit Margin: 002087's current net profit margins (4.6%) are lower than last year (4.9%).


Past Earnings Growth Analysis

Earnings Trend: 002087's earnings have grown by 14.2% per year over the past 5 years.

Accelerating Growth: 002087's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 002087 had negative earnings growth (-10.3%) over the past year, making it difficult to compare to the Luxury industry average (2.3%).


Return on Equity

High ROE: 002087's Return on Equity (5.7%) is considered low.


Financial Health

How is Henan Xinye Textile's financial position?


Financial Position Analysis

Short Term Liabilities: 002087's short term assets (CN¥5.3B) exceed its short term liabilities (CN¥4.6B).

Long Term Liabilities: 002087's short term assets (CN¥5.3B) exceed its long term liabilities (CN¥273.3M).


Debt to Equity History and Analysis

Debt Level: 002087's debt to equity ratio (74.3%) is considered high.

Reducing Debt: 002087's debt to equity ratio has reduced from 142.7% to 74.3% over the past 5 years.

Debt Coverage: 002087's debt is well covered by operating cash flow (23.5%).

Interest Coverage: 002087's interest payments on its debt are not well covered by EBIT (2.7x coverage).


Balance Sheet


Dividend

What is Henan Xinye Textile current dividend yield, its reliability and sustainability?

0.83%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 002087's dividend (0.83%) is higher than the bottom 25% of dividend payers in the CN market (0.44%).

High Dividend: 002087's dividend (0.83%) is low compared to the top 25% of dividend payers in the CN market (1.82%).


Stability and Growth of Payments

Stable Dividend: 002087's dividend payments have been volatile in the past 10 years.

Growing Dividend: 002087's dividend payments have fallen over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (10%), 002087's dividend payments are thoroughly 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.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

5.3yrs

Average management tenure


CEO

Guoding Tao (55 yo)

no data

Tenure

CN¥319,000

Compensation

Mr. Guoding Tao serves as General Manager of Henan Xinye Textile Co., Ltd. and serves as its Deputy chairman of the Board of Directors and serves as its Director Since January 19, 2016.


Leadership Team

Experienced Management: 002087's management team is seasoned and experienced (5.3 years average tenure).


Board Members

Experienced Board: 002087's board of directors are not considered experienced ( 2.2 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

Henan Xinye Textile Co., Ltd.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Henan Xinye Textile Co., Ltd.
  • Ticker: 2087
  • Exchange: SZSE
  • Founded: NaN
  • Industry: Textiles
  • Sector: Consumer Durables
  • Market Cap: CN¥2.940b
  • Shares outstanding: 816.79m
  • Website: https://www.xinye-tex.com

Number of Employees


Location

  • Henan Xinye Textile Co., Ltd.
  • No.15 Shuyuan Road
  • Chengguan Town
  • Xinyang
  • Henan Province
  • 473500
  • China

Listings


Biography

Henan Xinye Textile Co., Ltd. produces and sells fabric yarns and apparel fabrics in China. Its products include pure cotton and blended yarns and fabrics, yarn dyed fabrics, and home textiles. The company...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/04/14 09:03
End of Day Share Price2021/04/14 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.