SZSE:002508

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Hangzhou Robam Appliances

Executive Summary

Hangzhou Robam Appliances Co., Ltd. develops, manufactures, and sells kitchen appliances under the ROBAM brand in China and internationally. More Details


Snowflake Analysis

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

Share Price & News

How has Hangzhou Robam Appliances's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 002508 is not significantly more volatile than the rest of CN stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: 002508's weekly volatility (6%) has been stable over the past year.


Market Performance


7 Day Return

-6.6%

2508

1.4%

CN Consumer Durables

-1.3%

CN Market


1 Year Return

22.5%

2508

36.0%

CN Consumer Durables

25.5%

CN Market

Return vs Industry: 002508 underperformed the CN Consumer Durables industry which returned 36% over the past year.

Return vs Market: 002508 underperformed the CN Market which returned 25.5% over the past year.


Shareholder returns

2508IndustryMarket
7 Day-6.6%1.4%-1.3%
30 Day3.1%10.7%5.4%
90 Day31.3%20.1%5.8%
1 Year24.3%22.5%39.1%36.0%27.6%25.5%
3 Year-8.7%-14.4%44.5%36.1%23.6%17.5%
5 Year138.4%118.8%143.5%122.3%39.6%30.2%

Long-Term Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

Is Hangzhou Robam Appliances undervalued compared to its fair value and its price relative to the market?

25.52x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: 002508 (CN¥43.9) is trading above our estimate of fair value (CN¥36.7)

Significantly Below Fair Value: 002508 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 002508 is good value based on its PE Ratio (25.5x) compared to the CN Consumer Durables industry average (30.6x).

PE vs Market: 002508 is good value based on its PE Ratio (25.5x) compared to the CN market (35x).


Price to Earnings Growth Ratio

PEG Ratio: 002508 is poor value based on its PEG Ratio (2.2x)


Price to Book Ratio

PB vs Industry: 002508 is overvalued based on its PB Ratio (5.5x) compared to the CN Consumer Durables industry average (3x).


Next Steps

Future Growth

How is Hangzhou Robam Appliances forecast to perform in the next 1 to 3 years based on estimates from 23 analysts?

11.4%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 002508's forecast earnings growth (11.4% per year) is above the savings rate (3.3%).

Earnings vs Market: 002508's earnings (11.4% per year) are forecast to grow slower than the CN market (24.2% per year).

High Growth Earnings: 002508's earnings are forecast to grow, but not significantly.

Revenue vs Market: 002508's revenue (11.2% per year) is forecast to grow slower than the CN market (18.1% per year).

High Growth Revenue: 002508's revenue (11.2% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: 002508's Return on Equity is forecast to be high in 3 years time (21.4%)


Next Steps

Past Performance

How has Hangzhou Robam Appliances performed over the past 5 years?

11.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 002508 has high quality earnings.

Growing Profit Margin: 002508's current net profit margins (21%) are higher than last year (20.2%).


Past Earnings Growth Analysis

Earnings Trend: 002508's earnings have grown by 11.9% per year over the past 5 years.

Accelerating Growth: 002508's earnings growth over the past year (5.1%) is below its 5-year average (11.9% per year).

Earnings vs Industry: 002508 earnings growth over the past year (5.1%) underperformed the Consumer Durables industry 6.7%.


Return on Equity

High ROE: 002508's Return on Equity (21.7%) is considered high.


Next Steps

Financial Health

How is Hangzhou Robam Appliances's financial position?


Financial Position Analysis

Short Term Liabilities: 002508's short term assets (CN¥10.0B) exceed its short term liabilities (CN¥4.0B).

Long Term Liabilities: 002508's short term assets (CN¥10.0B) exceed its long term liabilities (CN¥125.4M).


Debt to Equity History and Analysis

Debt Level: 002508 is debt free.

Reducing Debt: 002508 had no debt 5 years ago.

Debt Coverage: 002508 has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: 002508 has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Next Steps

Dividend

What is Hangzhou Robam Appliances's current dividend yield, its reliability and sustainability?

1.14%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 002508's dividend (1.14%) is higher than the bottom 25% of dividend payers in the CN market (0.4%).

High Dividend: 002508's dividend (1.14%) is low compared to the top 25% of dividend payers in the CN market (1.81%).


Stability and Growth of Payments

Stable Dividend: 002508's dividend payments have been volatile in the past 10 years.

Growing Dividend: 002508's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (29.1%), 002508's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: 002508's dividends in 3 years are forecast to be covered by earnings (53.7% payout ratio).


Next Steps

Management

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

CN¥776k

CEO Compensation


CEO

Fu Jia Ren (37 yo)

no data

Tenure

CN¥776,430

Compensation

Mr. Fu Jia Ren serves as Executive director and general manager of Hangzhou famous Electric Appliance Co., Ltd. Mr. Ren serves as Vice Chairman of the Board and General Manager at Hangzhou Robam Appliances...


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

Hangzhou Robam Appliances Co., Ltd.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Hangzhou Robam Appliances Co., Ltd.
  • Ticker: 2508
  • Exchange: SZSE
  • Founded: 1979
  • Industry: Household Appliances
  • Sector: Consumer Durables
  • Market Cap: CN¥41.662b
  • Shares outstanding: 949.02m
  • Website: https://www.robam-kitchen.com

Number of Employees


Location

  • Hangzhou Robam Appliances Co., Ltd.
  • No. 592, Linping Avenue
  • Yuhang Economic Development Zone
  • Hangzhou
  • Zhejiang Province
  • 311100
  • China

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
2508SZSE (Shenzhen Stock Exchange)YesDomestic SharesCNCNYNov 2010
2508XSEC (Shenzhen Stock Exchange - Shenzhen-Hong Kong Stock Connect)YesDomestic SharesCNCNYNov 2010

Biography

Hangzhou Robam Appliances Co., Ltd. develops, manufactures, and sells kitchen appliances under the ROBAM brand in China and internationally. Its products include range hood, gas hobs, sterilizer cabinets, ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/01/16 09:26
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.