Guangdong Vanward New Electric Co., Ltd. manufactures and sells kitchen appliances and hot water systems in China and internationally. More Details
Undervalued with excellent balance sheet and pays a dividend.
Share Price & News
How has Guangdong Vanward New Electric's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 002543 is not significantly more volatile than the rest of CN stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: 002543's weekly volatility (5%) has been stable over the past year.
7 Day Return
CN Consumer Durables
1 Year Return
CN Consumer Durables
Return vs Industry: 002543 underperformed the CN Consumer Durables industry which returned 36% over the past year.
Return vs Market: 002543 underperformed the CN Market which returned 25.5% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Guangdong Vanward New Electric's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Guangdong Vanward New Electric 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: 002543 (CN¥7.83) is trading below our estimate of fair value (CN¥23.21)
Significantly Below Fair Value: 002543 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 002543 is good value based on its PE Ratio (10x) compared to the CN Consumer Durables industry average (30.6x).
PE vs Market: 002543 is good value based on its PE Ratio (10x) compared to the CN market (35x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 002543's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 002543 is good value based on its PB Ratio (1.5x) compared to the CN Consumer Durables industry average (3x).
How is Guangdong Vanward New Electric forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Consumer Durables industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Guangdong Vanward New Electric has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
- Examine whether Guangdong Vanward New Electric is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
- Explore growth companies in the Consumer Durables industry.
How has Guangdong Vanward New Electric performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 002543 has a large one-off gain of CN¥258.6M impacting its September 30 2020 financial results.
Growing Profit Margin: 002543's current net profit margins (9.8%) are higher than last year (8.8%).
Past Earnings Growth Analysis
Earnings Trend: 002543's earnings have grown by 12.6% per year over the past 5 years.
Accelerating Growth: 002543's earnings growth over the past year (3%) is below its 5-year average (12.6% per year).
Earnings vs Industry: 002543 earnings growth over the past year (3%) underperformed the Consumer Durables industry 6.7%.
Return on Equity
High ROE: 002543's Return on Equity (14.2%) is considered low.
How is Guangdong Vanward New Electric's financial position?
Financial Position Analysis
Short Term Liabilities: 002543's short term assets (CN¥4.0B) exceed its short term liabilities (CN¥3.1B).
Long Term Liabilities: 002543's short term assets (CN¥4.0B) exceed its long term liabilities (CN¥92.5M).
Debt to Equity History and Analysis
Debt Level: 002543's debt to equity ratio (8.9%) is considered satisfactory.
Reducing Debt: 002543's debt to equity ratio has increased from 0.3% to 8.9% over the past 5 years.
Debt Coverage: 002543's debt is well covered by operating cash flow (256.1%).
Interest Coverage: 002543's interest payments on its debt are well covered by EBIT (89.2x coverage).
What is Guangdong Vanward New Electric current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 002543's dividend (4.21%) is higher than the bottom 25% of dividend payers in the CN market (0.4%).
High Dividend: 002543's dividend (4.21%) is in the top 25% of dividend payers in the CN market (1.81%)
Stability and Growth of Payments
Stable Dividend: 002543's dividend payments have been volatile in the past 10 years.
Growing Dividend: 002543's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (42.3%), 002543'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.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Yucong Lu (41 yo)
Mr. Yucong Lu serves as the President of Guangdong Vanward New Electric Co., Ltd. Mr. Lu serves as Executive Director of Guangdong Wanhe Thermal Technology Co., Ltd. He served as Regional Manager, Marketin...
|Executive VP & Non Independent Director||no data||CN¥513.80k||5.51% |
|President & Non Independent Director||no data||no data||no data|
|Chairman of the Supervisory Board and Chief of Legal Affairs||18yrs||CN¥197.80k||no data|
|Head of Purchasing Dept||12yrs||CN¥321.70k||no data|
|Vice Chairman||11.42yrs||no data||9.19% |
|Chairman||no data||CN¥526.00k||5.51% |
|Independent Director||5.08yrs||no data||no data|
|Employee Supervisor||no data||CN¥149.40k||no data|
|Independent Director||1.75yrs||no data||no data|
|Independent Director||1.75yrs||no data||no data|
Experienced Board: 002543's board of directors are considered experienced (8.3 years average tenure).
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 not been meaningfully diluted in the past year.
Guangdong Vanward New Electric Co., Ltd.'s company bio, employee growth, exchange listings and data sources
- Name: Guangdong Vanward New Electric Co., Ltd.
- Ticker: 2543
- Exchange: SZSE
- Founded: 1993
- Industry: Household Appliances
- Sector: Consumer Durables
- Market Cap: CN¥5.822b
- Shares outstanding: 743.60m
- Website: https://www.vanward.com
Number of Employees
- Guangdong Vanward New Electric Co., Ltd.
- No. 13, Jianye Mid-Road
- Shunde High-Tech Industry Development Zone
- Guangdong Province
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|2543||SZSE (Shenzhen Stock Exchange)||Yes||Domestic Shares||CN||CNY||Jan 2011|
|2543||XSEC (Shenzhen Stock Exchange - Shenzhen-Hong Kong Stock Connect)||Yes||Domestic Shares||CN||CNY||Jan 2011|
Guangdong Vanward New Electric Co., Ltd. manufactures and sells kitchen appliances and hot water systems in China and internationally. It offers gas water heaters, gas cookers and stoves, disinfection cabi...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/01/16 09:34|
|End of Day Share Price||2021/01/15 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.