SZSE:002242

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Executive Summary

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


Snowflake Analysis

Flawless balance sheet with acceptable track record.


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 +/- 7% a week.

Volatility Over Time: 002242's weekly volatility (7%) has been stable over the past year.


Market Performance


7 Day Return

-7.2%

2242

0.9%

CN Consumer Durables

1.5%

CN Market


1 Year Return

48.8%

2242

47.7%

CN Consumer Durables

33.4%

CN Market

Return vs Industry: 002242 exceeded the CN Consumer Durables industry which returned 47.7% over the past year.

Return vs Market: 002242 exceeded the CN Market which returned 33.4% over the past year.


Shareholder returns

2242IndustryMarket
7 Day-7.2%0.9%1.5%
30 Day-26.4%15.0%4.3%
90 Day-23.2%18.3%1.4%
1 Year51.5%48.8%51.1%47.7%35.7%33.4%
3 Year112.1%81.4%47.7%39.1%20.3%14.5%
5 Year86.1%53.6%123.6%104.2%11.0%3.5%

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?

29.84x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: 002242 (CN¥32.95) is trading above our estimate of fair value (CN¥21.73)

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 (29.8x) compared to the CN Consumer Durables industry average (33.3x).

PE vs Market: 002242 is good value based on its PE Ratio (29.8x) compared to the CN market (39.3x).


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 (6.3x) compared to the CN Consumer Durables industry average (3.2x).


Next Steps

Future Growth

How is JoyoungLtd forecast to perform in the next 1 to 3 years based on estimates from 17 analysts?

15.4%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 002242's forecast earnings growth (15.4% per year) is above the savings rate (3.3%).

Earnings vs Market: 002242's earnings (15.4% per year) are forecast to grow slower than the CN market (24.3% per year).

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

Revenue vs Market: 002242's revenue (13% per year) is forecast to grow slower than the CN market (18% per year).

High Growth Revenue: 002242's revenue (13% 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 (27.7%)


Next Steps

Past Performance

How has JoyoungLtd performed over the past 5 years?

6.2%

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 (8.9%).


Past Earnings Growth Analysis

Earnings Trend: 002242's earnings have grown by 6.2% per year over the past 5 years.

Accelerating Growth: 002242's earnings growth over the past year (5.3%) is below its 5-year average (6.2% per year).

Earnings vs Industry: 002242 earnings growth over the past year (5.3%) underperformed the Consumer Durables industry 6.9%.


Return on Equity

High ROE: 002242's Return on Equity (20.9%) is considered high.


Next Steps

Financial Health

How is JoyoungLtd's financial position?


Financial Position Analysis

Short Term Liabilities: 002242's short term assets (CN¥5.7B) exceed its short term liabilities (CN¥3.6B).

Long Term Liabilities: 002242's short term assets (CN¥5.7B) exceed its long term liabilities (CN¥15.4M).


Debt to Equity History and Analysis

Debt Level: 002242 is debt free.

Reducing Debt: 002242 has not had any debt for past 5 years.

Debt Coverage: 002242 has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: 002242 has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Next Steps

Dividend

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

3.35%

Forecast Dividend Yield


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 002242's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 002242'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 002242's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 002242's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: 002242 is not paying a notable dividend for the CN market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 002242'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?

5.7yrs

Average management tenure


CEO

Ningning Yang (41 yo)

1.67yrs

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

NamePositionTenureCompensationOwnership
Ningning Yang
GM & Director1.67yrsCN¥800.00kno data
Jian Diao Qiu
Chief Financial Officer6.58yrsCN¥400.00kno data
Run Han
Deputy GM0.58yrno datano data

5.7yrs

Average Tenure

41yo

Average Age

Experienced Management: 002242's management team is seasoned and experienced (5.7 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Ningning Yang
GM & Director1.67yrsCN¥800.00kno data
Run Han
Deputy GM0.58yrno datano data
Guangyong Jiang
Non-Independent Directorno dataCN¥800.00k0.029%
CN¥ 7.4m
Jian Hua Cui
Member of Supervisory Board6.58yrsCN¥800.00kno data
Hong Zhu
Non Employee Supervisor0.58yrno datano data
Ze Chun Zhu
Chairman of Supervisory Boardno datano datano data
Xuning Wang
Chairman of the Board of Directorsno dataCN¥1.20mno data
Yu Xin Zhao
Employee Representative Member of the Supervisory Boardno datano datano data
Shiyuan Han
Independent Director0.58yrno datano data
Aiqi Wu
Independent Director0.58yrno datano data
Hongxia Liu
Independent Director0.58yrno datano data

0.6yrs

Average Tenure

45yo

Average Age

Experienced Board: 002242's board of directors are not considered experienced ( 0.6 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¥25.278b
  • 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

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
2242SZSE (Shenzhen Stock Exchange)YesDomestic SharesCNCNYMay 2008
2242XSEC (Shenzhen Stock Exchange - Shenzhen-Hong Kong Stock Connect)YesDomestic SharesCNCNYMay 2008

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 Analysis2020/11/25 14:58
End of Day Share Price2020/11/25 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.