Jiangsu Lianfa TextileLtd
Market Cap
CN¥3.1b
Last Updated
2021/01/16 09:29 UTC
Data Sources
Company Financials +
Executive Summary
Jiangsu Lianfa Textile Co.,Ltd, together with its subsidiaries, engages in the textile business in China. More Details
Rewards
Risk Analysis
Earnings are forecast to decline by an average of 12.7% per year for the next 3 years
Snowflake Analysis
Flawless balance sheet, undervalued and pays a dividend.
Share Price & News
How has Jiangsu Lianfa TextileLtd's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 002394 is less volatile than 75% of CN stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: 002394's weekly volatility (4%) has been stable over the past year.
Market Performance
7 Day Return
-0.3%
2394
-1.1%
CN Luxury
-1.3%
CN Market
1 Year Return
-0.9%
2394
-10.6%
CN Luxury
25.5%
CN Market
Return vs Industry: 002394 exceeded the CN Luxury industry which returned -10.6% over the past year.
Return vs Market: 002394 underperformed the CN Market which returned 25.5% over the past year.
Shareholder returns
| 2394 | Industry | Market | |
|---|---|---|---|
| 7 Day | -0.3% | -1.1% | -1.3% |
| 30 Day | -8.1% | -7.5% | 5.4% |
| 90 Day | -11.7% | -14.8% | 5.8% |
| 1 Year | 4.3%-0.9% | -8.6%-10.6% | 27.6%25.5% |
| 3 Year | -8.8%-24.3% | -25.9%-29.9% | 23.6%17.5% |
| 5 Year | -21.6%-39.7% | -36.5%-41.2% | 39.6%30.2% |
Long-Term Price Volatility Vs. Market
How volatile is Jiangsu Lianfa TextileLtd's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Valuation
Is Jiangsu Lianfa TextileLtd undervalued compared to its fair value and its price relative to the market?
39.5%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: 002394 (CN¥9.4) is trading below our estimate of fair value (CN¥15.53)
Significantly Below Fair Value: 002394 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 002394 is good value based on its PE Ratio (6.3x) compared to the CN Luxury industry average (25.3x).
PE vs Market: 002394 is good value based on its PE Ratio (6.3x) compared to the CN market (35x).
Price to Earnings Growth Ratio
PEG Ratio: 002394's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: 002394 is good value based on its PB Ratio (0.9x) compared to the CN Luxury industry average (1.8x).
Next Steps
Future Growth
How is Jiangsu Lianfa TextileLtd forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
-12.7%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 002394's earnings are forecast to decline over the next 3 years (-12.7% per year).
Earnings vs Market: 002394's earnings are forecast to decline over the next 3 years (-12.7% per year).
High Growth Earnings: 002394's earnings are forecast to decline over the next 3 years.
Revenue vs Market: 002394's revenue (3% per year) is forecast to grow slower than the CN market (18.1% per year).
High Growth Revenue: 002394's revenue (3% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 002394's Return on Equity is forecast to be low in 3 years time (8%).
Next Steps
Past Performance
How has Jiangsu Lianfa TextileLtd performed over the past 5 years?
7.7%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 002394 has a large one-off gain of CN¥252.3M impacting its September 30 2020 financial results.
Growing Profit Margin: 002394's current net profit margins (13.3%) are higher than last year (10%).
Past Earnings Growth Analysis
Earnings Trend: 002394's earnings have grown by 7.7% per year over the past 5 years.
Accelerating Growth: 002394's earnings growth over the past year (32.4%) exceeds its 5-year average (7.7% per year).
Earnings vs Industry: 002394 earnings growth over the past year (32.4%) exceeded the Luxury industry -10.3%.
Return on Equity
High ROE: 002394's Return on Equity (13.9%) is considered low.
Next Steps
Financial Health
How is Jiangsu Lianfa TextileLtd's financial position?
Financial Position Analysis
Short Term Liabilities: 002394's short term assets (CN¥3.2B) exceed its short term liabilities (CN¥839.7M).
Long Term Liabilities: 002394's short term assets (CN¥3.2B) exceed its long term liabilities (CN¥436.9M).
Debt to Equity History and Analysis
Debt Level: 002394's debt to equity ratio (14.5%) is considered satisfactory.
Reducing Debt: 002394's debt to equity ratio has reduced from 44.6% to 14.5% over the past 5 years.
Debt Coverage: 002394's debt is well covered by operating cash flow (108.7%).
Interest Coverage: 002394 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
Next Steps
Dividend
What is Jiangsu Lianfa TextileLtd current dividend yield, its reliability and sustainability?
5.32%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 002394's dividend (5.32%) is higher than the bottom 25% of dividend payers in the CN market (0.4%).
High Dividend: 002394's dividend (5.32%) is in the top 25% of dividend payers in the CN market (1.81%)
Stability and Growth of Payments
Stable Dividend: 002394's dividend payments have been volatile in the past 10 years.
Growing Dividend: 002394's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (33.6%), 002394's dividend payments are well 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?
CN¥1m
CEO Compensation
CEO
Yongjun Yu (52 yo)
no data
Tenure
CN¥1,166,400
Compensation
Mr. Yongjun Yu serves as General Manager of Jiangsu Lianfa Textile Co.,Ltd. Mr. Yu serves as Chairman of the Board of Directors of Jiangsu James Textile Co., Ltd., Shenzhen James Apparel Co., Ltd., Shangha...
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
Jiangsu Lianfa Textile Co.,Ltd's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Jiangsu Lianfa Textile Co.,Ltd
- Ticker: 2394
- Exchange: SZSE
- Founded: 1955
- Industry: Textiles
- Sector: Consumer Durables
- Market Cap: CN¥3.128b
- Shares outstanding: 332.76m
- Website: https://www.lianfa.cn
Number of Employees
Location
- Jiangsu Lianfa Textile Co.,Ltd
- No.88, Henglian Road
- Haian Town
- Nantong
- Jiangsu Province
- China
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| 2394 | SZSE (Shenzhen Stock Exchange) | Yes | Domestic Shares | CN | CNY | Apr 2010 |
Biography
Jiangsu Lianfa Textile Co.,Ltd, together with its subsidiaries, engages in the textile business in China. It is involved in yarn spinning, dyeing, weaving, finishing, and printing activities. The company o...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/01/16 09:29 |
| End of Day Share Price | 2021/01/15 00:00 |
| Earnings | 2020/09/30 |
| Annual Earnings | 2019/12/31 |
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.