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Market Cap

CN¥24.1b

Last Updated

2021/05/07 09:35 UTC

Data Sources

Company Financials +

Executive Summary

Joyoung Co.,Ltd provides kitchen products in China. More Details


Snowflake Analysis

Excellent balance sheet established dividend payer.


Similar Companies

Share Price & News

How has JoyoungLtd's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 002242 is not significantly more volatile than the rest of CN stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: 002242's weekly volatility (6%) has been stable over the past year.


Market Performance


7 Day Return

-2.8%

2242

-3.7%

CN Consumer Durables

-2.2%

CN Market


1 Year Return

-5.0%

2242

41.1%

CN Consumer Durables

22.2%

CN Market

Return vs Industry: 002242 underperformed the CN Consumer Durables industry which returned 51% over the past year.

Return vs Market: 002242 underperformed the CN Market which returned 25.4% over the past year.


Shareholder returns

2242IndustryMarket
7 Day-2.8%-3.7%-2.2%
30 Day-7.8%-2.9%-1.3%
90 Day-5.7%-6.8%-3.6%
1 Year-3.3%-5.0%44.0%41.1%24.1%22.2%
3 Year103.7%80.2%40.4%33.3%25.7%19.7%
5 Year90.4%57.1%97.0%83.7%35.4%26.4%

Long-Term Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

Is JoyoungLtd undervalued compared to its fair value and its price relative to the market?

24.09x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: 002242 (CN¥30.91) is trading above our estimate of fair value (CN¥21.21)

Significantly Below Fair Value: 002242 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 002242 is good value based on its PE Ratio (24.1x) compared to the CN Consumer Durables industry average (25.9x).

PE vs Market: 002242 is good value based on its PE Ratio (24.1x) compared to the CN market (30.5x).


Price to Earnings Growth Ratio

PEG Ratio: 002242 is poor value based on its PEG Ratio (1.9x)


Price to Book Ratio

PB vs Industry: 002242 is overvalued based on its PB Ratio (5.2x) compared to the CN Consumer Durables industry average (2.8x).


Future Growth

How is JoyoungLtd forecast to perform in the next 1 to 3 years based on estimates from 16 analysts?

13.0%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 002242's forecast earnings growth (13% per year) is above the savings rate (3.3%).

Earnings vs Market: 002242's earnings (13% per year) are forecast to grow slower than the CN market (21.1% per year).

High Growth Earnings: 002242's earnings are forecast to grow, but not significantly.

Revenue vs Market: 002242's revenue (15.3% per year) is forecast to grow slower than the CN market (16.9% per year).

High Growth Revenue: 002242's revenue (15.3% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: 002242's Return on Equity is forecast to be high in 3 years time (23.5%)


Past Performance

How has JoyoungLtd performed over the past 5 years?

7.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 002242 has high quality earnings.

Growing Profit Margin: 002242's current net profit margins (8.3%) are lower than last year (8.7%).


Past Earnings Growth Analysis

Earnings Trend: 002242's earnings have grown by 7.2% per year over the past 5 years.

Accelerating Growth: 002242's earnings growth over the past year (21.1%) exceeds its 5-year average (7.2% per year).

Earnings vs Industry: 002242 earnings growth over the past year (21.1%) underperformed the Consumer Durables industry 30.9%.


Return on Equity

High ROE: 002242's Return on Equity (21.1%) is considered high.


Financial Health

How is JoyoungLtd's financial position?


Financial Position Analysis

Short Term Liabilities: 002242's short term assets (CN¥6.7B) exceed its short term liabilities (CN¥4.1B).

Long Term Liabilities: 002242's short term assets (CN¥6.7B) exceed its long term liabilities (CN¥79.3M).


Debt to Equity History and Analysis

Debt Level: 002242's debt to equity ratio (0.1%) is considered satisfactory.

Reducing Debt: Insufficient data to determine if 002242's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: 002242's debt is well covered by operating cash flow (29015.3%).

Interest Coverage: 002242 earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


Dividend

What is JoyoungLtd current dividend yield, its reliability and sustainability?

3.24%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 002242's dividend (3.24%) is higher than the bottom 25% of dividend payers in the CN market (0.46%).

High Dividend: 002242's dividend (3.24%) is in the top 25% of dividend payers in the CN market (1.86%)


Stability and Growth of Payments

Stable Dividend: 002242's dividend payments have been volatile in the past 10 years.

Growing Dividend: 002242's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: At its current payout ratio (77.9%), 002242's payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: 002242's dividends in 3 years are forecast to be covered by earnings (78.6% payout ratio).


Next Steps

Management

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

6.2yrs

Average management tenure


CEO

Ningning Yang (41 yo)

2.17yrs

Tenure

CN¥800,000

Compensation

Ms. Ningning Yang has served as the General Manager and a director of Joyoung since March 28, 2019 and October 27, 2010, respectively, and the Chairwoman of SharkNinja (China) Technology Co., Ltd. since Au...


Leadership Team

Experienced Management: 002242's management team is seasoned and experienced (6.2 years average tenure).


Board Members

Experienced Board: 002242's board of directors are not considered experienced ( 1.1 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

Joyoung Co.,Ltd's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Joyoung Co.,Ltd
  • Ticker: 2242
  • Exchange: SZSE
  • Founded: 1994
  • Industry: Household Appliances
  • Sector: Consumer Durables
  • Market Cap: CN¥24.089b
  • Shares outstanding: 767.17m
  • Website: https://www.joyoung.com.cn

Number of Employees


Location

  • Joyoung Co.,Ltd
  • No. 28038, Jingshi Road
  • Jinan
  • Shandong Province
  • 250022
  • China

Listings


Biography

Joyoung Co.,Ltd provides kitchen products in China. The company offers soybean milk machines; juicers, blenders, rice, induction, and electric cookers, as well as cooking machines; and noodle machines. It ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/05/07 09:35
End of Day Share Price2021/05/07 00:00
Earnings2021/03/31
Annual Earnings2020/12/31


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.