SZSE:002763

Stock Analysis Report

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Executive Summary

Shenzhen Huijie Group Co., Ltd. produces and sells underwear in China. More Details


Snowflake Analysis

Flawless balance sheet and undervalued.

Share Price & News

How has Shenzhen Huijie Group's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 002763 is less volatile than 75% of CN stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: 002763's weekly volatility (4%) has been stable over the past year.


Market Performance


7 Day Return

2.3%

2763

5.3%

CN Luxury

0.5%

CN Market


1 Year Return

-16.9%

2763

-6.2%

CN Luxury

25.8%

CN Market

Return vs Industry: 002763 underperformed the CN Luxury industry which returned -6.2% over the past year.

Return vs Market: 002763 underperformed the CN Market which returned 25.8% over the past year.


Shareholder returns

2763IndustryMarket
7 Day2.3%5.3%0.5%
30 Day-6.1%-4.3%4.7%
90 Day-8.2%-12.4%8.1%
1 Year-12.4%-16.9%-4.2%-6.2%27.9%25.8%
3 Year-41.2%-48.0%-24.1%-26.0%21.3%15.3%
5 Year-51.7%-58.3%-30.1%-35.2%49.4%39.2%

Long-Term Price Volatility Vs. Market

How volatile is Shenzhen Huijie Group's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Shenzhen Huijie Group undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: 002763 (CN¥7.04) is trading below our estimate of fair value (CN¥38.62)

Significantly Below Fair Value: 002763 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 002763 is good value based on its PE Ratio (20.5x) compared to the CN Luxury industry average (26.2x).

PE vs Market: 002763 is good value based on its PE Ratio (20.5x) compared to the CN market (35.4x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 002763's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 002763 is good value based on its PB Ratio (1.4x) compared to the CN Luxury industry average (1.9x).


Next Steps

Future Growth

How is Shenzhen Huijie Group forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

31.8%

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 Shenzhen Huijie Group 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.


Next Steps

Past Performance

How has Shenzhen Huijie Group performed over the past 5 years?

-4.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 002763 has high quality earnings.

Growing Profit Margin: 002763's current net profit margins (5.8%) are lower than last year (7.9%).


Past Earnings Growth Analysis

Earnings Trend: 002763's earnings have declined by 4.9% per year over the past 5 years.

Accelerating Growth: 002763's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 002763 had negative earnings growth (-32.6%) over the past year, making it difficult to compare to the Luxury industry average (-10.3%).


Return on Equity

High ROE: 002763's Return on Equity (7.6%) is considered low.


Next Steps

Financial Health

How is Shenzhen Huijie Group's financial position?


Financial Position Analysis

Short Term Liabilities: 002763's short term assets (CN¥1.9B) exceed its short term liabilities (CN¥543.0M).

Long Term Liabilities: 002763's short term assets (CN¥1.9B) exceed its long term liabilities (CN¥65.1M).


Debt to Equity History and Analysis

Debt Level: 002763 is debt free.

Reducing Debt: 002763 had no debt 5 years ago.

Debt Coverage: 002763 has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: 002763 has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Next Steps

Dividend

What is Shenzhen Huijie Group current dividend yield, its reliability and sustainability?

5.68%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 002763's dividend (5.68%) is higher than the bottom 25% of dividend payers in the CN market (0.39%).

High Dividend: 002763's dividend (5.68%) is in the top 25% of dividend payers in the CN market (1.79%)


Stability and Growth of Payments

Stable Dividend: Whilst dividend payments have been stable, 002763 has been paying a dividend for less than 10 years.

Growing Dividend: 002763's dividend payments have increased, but the company has only paid a dividend for 5 years.


Current Payout to Shareholders

Dividend Coverage: With its high payout ratio (116.7%), 002763's dividend payments are not 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?

3.8yrs

Average board tenure


CEO

Xingping Lu (57 yo)

4.5yrs

Tenure

Mr. Xingping Lu has been Chairman of the Board of Directors at Shenzhen Huijie Group Co., Ltd. since 2011 and has been its General Manager since July 1, 2016.


Board Members

NamePositionTenureCompensationOwnership
Xingping Lu
Chairman of the Board of Directors & GM4.5yrsno data35.64%
CN¥ 977.3m
Song Chun He
Executive Deputy GM & Directorno datano data0.77%
CN¥ 21.1m
Wanzhen Li
Directorno datano data0.49%
CN¥ 13.4m
Sheng Zhi Lin
Vice Chairman of the Board of Directorsno datano data34.3%
CN¥ 940.4m
Yi Liu
Employee Supervisorno datano datano data
Aizhen Chen
Independent Director3.75yrsno datano data
Hong Gao
Independent Director3.75yrsno datano data
Shuling Li
Independent Director3.75yrsno datano data
Weifang Zheng
Chairman of the Board of Supervisorsno datano datano data
Bailian Wu
Supervisorno datano datano data

3.8yrs

Average Tenure

48yo

Average Age

Experienced Board: 002763's board of directors are considered experienced (3.8 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

Shenzhen Huijie Group Co., Ltd.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Shenzhen Huijie Group Co., Ltd.
  • Ticker: 2763
  • Exchange: SZSE
  • Founded: 2007
  • Industry: Apparel, Accessories and Luxury Goods
  • Sector: Consumer Durables
  • Market Cap: CN¥2.742b
  • Shares outstanding: 388.36m
  • Website: https://www.huijiegroup.com

Number of Employees


Location

  • Shenzhen Huijie Group Co., Ltd.
  • International Innovation Center
  • Floor 31-32, Block A
  • Shenzhen
  • Guangdong Province
  • 518026
  • China

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
2763SZSE (Shenzhen Stock Exchange)YesDomestic SharesCNCNYJun 2015

Biography

Shenzhen Huijie Group Co., Ltd. produces and sells underwear in China. The company also provides swimwear and accessories. It offers underwear products for men, women, and chidren under the Mannifen, Ives,...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/01/21 09:22
End of Day Share Price2021/01/21 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.