Shanghai Metersbonwe Fashion and Accessories Co., Ltd.
Adequate balance sheet with moderate growth potential.
Share Price & News
How has Shanghai Metersbonwe Fashion and Accessories's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 002269's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: 002269 underperformed the CN Luxury industry which returned -24.4% over the past year.
Return vs Market: 002269 underperformed the CN Market which returned -10% over the past year.
Price Volatility Vs. Market
How volatile is Shanghai Metersbonwe Fashion and Accessories's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Shanghai Metersbonwe Fashion and Accessories undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: 002269 (CN¥2.05) is trading below our estimate of fair value (CN¥16.55)
Significantly Below Fair Value: 002269 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 002269 is unprofitable, so we can't compare its PE Ratio to the Luxury industry average.
PE vs Market: 002269 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 002269's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 002269 is overvalued based on its PB Ratio (2x) compared to the CN Luxury industry average (1.8x).
How is Shanghai Metersbonwe Fashion and Accessories forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 002269 is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (3.2%).
Earnings vs Market: 002269 is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: 002269's is expected to become profitable in the next 3 years.
Revenue vs Market: 002269's revenue (4.8% per year) is forecast to grow slower than the CN market (15.7% per year).
High Growth Revenue: 002269's revenue (4.8% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 002269's Return on Equity is forecast to be low in 3 years time (4.1%).
How has Shanghai Metersbonwe Fashion and Accessories performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 002269 is currently unprofitable.
Growing Profit Margin: 002269 is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: 002269 is unprofitable, and losses have increased over the past 5 years at a rate of -8.4% per year.
Accelerating Growth: Unable to compare 002269's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: 002269 is unprofitable, making it difficult to compare its past year earnings growth to the Luxury industry (0.2%).
Return on Equity
High ROE: 002269 has a negative Return on Equity (-9.01%), as it is currently unprofitable.
How is Shanghai Metersbonwe Fashion and Accessories's financial position?
Financial Position Analysis
Short Term Liabilities: 002269's short term assets (CN¥4.4B) do not cover its short term liabilities (CN¥4.4B).
Long Term Liabilities: 002269 has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: 002269's debt to equity ratio (45.9%) is considered high.
Reducing Debt: 002269's debt to equity ratio has reduced from 56.5% to 45.9% over the past 5 years.
Inventory Level: 002269 has a high level of physical assets or inventory.
Debt Coverage by Assets: 002269's debt is covered by short term assets (assets are 3.6x debt).
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: Whilst unprofitable 002269 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 002269 is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by -34.5% per year.
What is Shanghai Metersbonwe Fashion and Accessories's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate 002269's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate 002269's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if 002269's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if 002269's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: 002269 is not paying a notable dividend for the CN market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of 002269's dividend in 3 years as they are not forecast to pay a notable one for the CN market.
How experienced are the management team and are they aligned to shareholders interests?
Chengjian Zhou (54yo)
Mr. Chengjian Zhou is a Co-Founder of Yunfeng Capital and Founded Shanghai Metersbonwe Fashion and Accessories Co., Ltd. in 1994. Mr. Zhou serves as the President of Shanghai Metersbonwe Fashion and Access ...
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.
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 14.3%.
Shanghai Metersbonwe Fashion and Accessories Co., Ltd.'s company bio, employee growth, exchange listings and data sources
- Name: Shanghai Metersbonwe Fashion and Accessories Co., Ltd.
- Ticker: 2269
- Exchange: SZSE
- Founded: 1933
- Industry: Apparel, Accessories and Luxury Goods
- Sector: Consumer Durables
- Market Cap: CN¥5.151b
- Shares outstanding: 2.51b
- Website: https://www.metersbonwe.com
Number of Employees
- Shanghai Metersbonwe Fashion and Accessories Co., Ltd.
- No.800, East Kangqiao Road
- Pilot Free Trade Zone
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|2269||SZSE (Shenzhen Stock Exchange)||Yes||Domestic Shares||CN||CNY||Aug 2008|
|2269||XSEC (Shenzhen Stock Exchange - Shenzhen-Hong Kong Stock Connect)||Yes||Domestic Shares||CN||CNY||Aug 2008|
Shanghai Metersbonwe Fashion and Accessories Co., Ltd. researches, designs, develops, produces, and distributes casual wear products in the People’s Republic of China. The company is also involved in the franchisee distribution activity. It offers its products under the Metersbonwe, ME&CITY, MooMmoo, Me&City Kids, and CH'IN brand names. The company was founded in 1933 and is based in Shanghai, the People’s Republic of China.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/04/02 17:35|
|End of Day Share Price||2020/04/02 00:00|
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.