SZSE:002293

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Luolai Lifestyle Technology

Executive Summary

Luolai Lifestyle Technology Co., Ltd. researches, develops, produces, markets, and sells home textiles. More Details


Snowflake Analysis

Excellent balance sheet with proven track record and pays a dividend.


Similar Companies

Share Price & News

How has Luolai Lifestyle Technology's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 002293 is not significantly more volatile than the rest of CN stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: 002293's weekly volatility (5%) has been stable over the past year.


Market Performance


7 Day Return

-0.5%

2293

-1.1%

CN Luxury

-1.3%

CN Market


1 Year Return

29.5%

2293

-10.6%

CN Luxury

25.5%

CN Market

Return vs Industry: 002293 exceeded the CN Luxury industry which returned -10.6% over the past year.

Return vs Market: 002293 exceeded the CN Market which returned 25.5% over the past year.


Shareholder returns

2293IndustryMarket
7 Day-0.5%-1.1%-1.3%
30 Day-6.3%-7.5%5.4%
90 Day-4.5%-14.8%5.8%
1 Year36.3%29.5%-8.6%-10.6%27.6%25.5%
3 Year-0.2%-10.6%-25.9%-29.9%23.6%17.5%
5 Year12.6%-2.4%-36.5%-41.2%39.6%30.2%

Long-Term Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

Is Luolai Lifestyle Technology undervalued compared to its fair value and its price relative to the market?

17.76x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: 002293 (CN¥11.78) is trading above our estimate of fair value (CN¥6.32)

Significantly Below Fair Value: 002293 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 002293 is good value based on its PE Ratio (17.8x) compared to the CN Luxury industry average (25.3x).

PE vs Market: 002293 is good value based on its PE Ratio (17.8x) compared to the CN market (35x).


Price to Earnings Growth Ratio

PEG Ratio: 002293 is poor value based on its PEG Ratio (1.8x)


Price to Book Ratio

PB vs Industry: 002293 is overvalued based on its PB Ratio (2.4x) compared to the CN Luxury industry average (1.8x).


Next Steps

Future Growth

How is Luolai Lifestyle Technology forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?

9.7%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 002293's forecast earnings growth (9.7% per year) is above the savings rate (3.3%).

Earnings vs Market: 002293's earnings (9.7% per year) are forecast to grow slower than the CN market (24.2% per year).

High Growth Earnings: 002293's earnings are forecast to grow, but not significantly.

Revenue vs Market: 002293's revenue (9.4% per year) is forecast to grow slower than the CN market (18.1% per year).

High Growth Revenue: 002293's revenue (9.4% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: 002293's Return on Equity is forecast to be low in 3 years time (13.8%).


Next Steps

Past Performance

How has Luolai Lifestyle Technology performed over the past 5 years?

8.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 002293 has high quality earnings.

Growing Profit Margin: 002293's current net profit margins (11.6%) are higher than last year (10.8%).


Past Earnings Growth Analysis

Earnings Trend: 002293's earnings have grown by 8.6% per year over the past 5 years.

Accelerating Growth: 002293's earnings growth over the past year (6.6%) is below its 5-year average (8.6% per year).

Earnings vs Industry: 002293 earnings growth over the past year (6.6%) exceeded the Luxury industry -10.3%.


Return on Equity

High ROE: 002293's Return on Equity (13.5%) is considered low.


Next Steps

Financial Health

How is Luolai Lifestyle Technology's financial position?


Financial Position Analysis

Short Term Liabilities: 002293's short term assets (CN¥3.6B) exceed its short term liabilities (CN¥1.3B).

Long Term Liabilities: 002293's short term assets (CN¥3.6B) exceed its long term liabilities (CN¥78.2M).


Debt to Equity History and Analysis

Debt Level: 002293's debt to equity ratio (1.8%) is considered satisfactory.

Reducing Debt: 002293's debt to equity ratio has increased from 0.09% to 1.8% over the past 5 years.

Debt Coverage: 002293's debt is well covered by operating cash flow (1113.9%).

Interest Coverage: 002293 earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


Next Steps

Dividend

What is Luolai Lifestyle Technology current dividend yield, its reliability and sustainability?

4.24%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 002293's dividend (4.24%) is higher than the bottom 25% of dividend payers in the CN market (0.4%).

High Dividend: 002293's dividend (4.24%) is in the top 25% of dividend payers in the CN market (1.81%)


Stability and Growth of Payments

Stable Dividend: 002293's dividend payments have been volatile in the past 10 years.

Growing Dividend: 002293's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: At its current payout ratio (75.4%), 002293's payments are 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?

7.7yrs

Average board tenure


CEO

Jia Chen Xue (38 yo)

2.42yrs

Tenure

CN¥1,202,800

Compensation

Mr. Jia Chen Xue serves as Director at Luolai Lifestyle Technology Co., Ltd. (formerly known as Luolai Home Textile Co., Ltd.) since November 05, 2013 and serves as its President since August 16, 2018. He ...


Board Members

NamePositionTenureCompensationOwnership
Jia Chen Xue
President & Director2.42yrsCN¥1.20mno data
Yong Ying Tao
VP & Director13.5yrsCN¥448.90kno data
Bing Xian Zhao
Directorno datano datano data
Weicheng Xue
Chairman of the Boardno dataCN¥480.90k4.67%
CN¥ 453.8m
Wei Bin Xue
Vice Chairmanno dataCN¥484.90k7.84%
CN¥ 761.6m
Yao Yu Xing
Chairman of the Supervisory Boardno datano datano data
Qu Qing Feng
Member of the Supervisory Board9.17yrsno datano data
Jing Jing Lu
Employee-Representative Member of the Supervisory Board8.25yrsno datano data
Zhizhi Gong
Non Independent Director1.58yrsno datano data
Shanyong Tang
Independent Director0.83yrno datano data
Weili Hong
Independent Director3.92yrsCN¥96.00kno data
Wei Lv
Independent Director13.92yrsno datano data

7.7yrs

Average Tenure

55yo

Average Age

Experienced Board: 002293's board of directors are considered experienced (7.7 years average tenure).


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

Luolai Lifestyle Technology Co., Ltd.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Luolai Lifestyle Technology Co., Ltd.
  • Ticker: 2293
  • Exchange: SZSE
  • Founded: 1992
  • Industry: Textiles
  • Sector: Consumer Durables
  • Market Cap: CN¥9.715b
  • Shares outstanding: 824.73m
  • Website: https://www.luolai.com

Number of Employees


Location

  • Luolai Lifestyle Technology Co., Ltd.
  • No. 3588 Qixin Road
  • Minhang District
  • Shanghai
  • 201105
  • China

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
2293SZSE (Shenzhen Stock Exchange)YesDomestic SharesCNCNYSep 2009
2293XSEC (Shenzhen Stock Exchange - Shenzhen-Hong Kong Stock Connect)YesDomestic SharesCNCNYSep 2009

Biography

Luolai Lifestyle Technology Co., Ltd. researches, develops, produces, markets, and sells home textiles. The company offers sofas, dining tables, picture frames, and jewelry for living rooms, dining rooms, ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/01/16 09:29
End of Day Share Price2021/01/15 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.