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Guangdong Piano Customized Furniture

Market Cap

CN¥5.1b

Last Updated

2021/04/11 09:00 UTC

Data Sources

Company Financials

Executive Summary

Guangdong Piano Customized Furniture Co., Ltd. More Details


Snowflake Analysis

Excellent balance sheet and good value.

Share Price & News

How has Guangdong Piano Customized Furniture's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 002853 is not significantly more volatile than the rest of CN stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: 002853's weekly volatility (7%) has been stable over the past year.


Market Performance


7 Day Return

2.9%

2853

-2.3%

CN Consumer Durables

-1.1%

CN Market


1 Year Return

62.9%

2853

56.3%

CN Consumer Durables

28.4%

CN Market

Return vs Industry: 002853 exceeded the CN Consumer Durables industry which returned 58.8% over the past year.

Return vs Market: 002853 exceeded the CN Market which returned 27.4% over the past year.


Shareholder returns

2853IndustryMarket
7 Day2.9%-2.3%-1.1%
30 Day14.8%3.3%1.0%
90 Day19.5%-3.9%-5.8%
1 Year64.8%62.9%59.7%56.3%30.4%28.4%
3 Year1.1%-1.8%49.6%41.2%25.9%19.9%
5 Yearn/a122.8%103.4%23.6%15.5%

Long-Term Price Volatility Vs. Market

How volatile is Guangdong Piano Customized Furniture's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Guangdong Piano Customized Furniture 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: 002853 (CN¥27.12) is trading below our estimate of fair value (CN¥130.72)

Significantly Below Fair Value: 002853 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 002853 is good value based on its PE Ratio (24.2x) compared to the CN Consumer Durables industry average (29.9x).

PE vs Market: 002853 is good value based on its PE Ratio (24.2x) compared to the CN market (34.5x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 002853's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 002853 is overvalued based on its PB Ratio (3.3x) compared to the CN Consumer Durables industry average (3.2x).


Future Growth

How is Guangdong Piano Customized Furniture forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

21.0%

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 Piano Customized Furniture 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.


Past Performance

How has Guangdong Piano Customized Furniture performed over the past 5 years?

18.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 002853 has high quality earnings.

Growing Profit Margin: 002853's current net profit margins (11.9%) are lower than last year (12.2%).


Past Earnings Growth Analysis

Earnings Trend: 002853's earnings have grown by 18.2% per year over the past 5 years.

Accelerating Growth: 002853's earnings growth over the past year (6.6%) is below its 5-year average (18.2% per year).

Earnings vs Industry: 002853 earnings growth over the past year (6.6%) underperformed the Consumer Durables industry 7.1%.


Return on Equity

High ROE: 002853's Return on Equity (14.1%) is considered low.


Financial Health

How is Guangdong Piano Customized Furniture's financial position?


Financial Position Analysis

Short Term Liabilities: 002853's short term assets (CN¥1.7B) exceed its short term liabilities (CN¥921.6M).

Long Term Liabilities: 002853's short term assets (CN¥1.7B) exceed its long term liabilities (CN¥113.1M).


Debt to Equity History and Analysis

Debt Level: 002853's debt to equity ratio (5.9%) is considered satisfactory.

Reducing Debt: 002853's debt to equity ratio has increased from 0.08% to 5.9% over the past 5 years.

Debt Coverage: 002853's debt is well covered by operating cash flow (585.4%).

Interest Coverage: 002853 earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


Dividend

What is Guangdong Piano Customized Furniture current dividend yield, its reliability and sustainability?

0.96%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 002853's dividend (0.96%) is higher than the bottom 25% of dividend payers in the CN market (0.42%).

High Dividend: 002853's dividend (0.96%) is low compared to the top 25% of dividend payers in the CN market (1.79%).


Stability and Growth of Payments

Stable Dividend: 002853 has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: 002853's dividend payments have increased, but the company has only paid a dividend for 4 years.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (23.2%), 002853'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?


CEO

Guangdong Piano Customized Furniture has no CEO, or we have no data on them.


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 been diluted in the past year, with total shares outstanding growing by 20.1%.


Top Shareholders

Company Information

Guangdong Piano Customized Furniture Co., Ltd.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Guangdong Piano Customized Furniture Co., Ltd.
  • Ticker: 2853
  • Exchange: SZSE
  • Founded: NaN
  • Industry: Home Furnishings
  • Sector: Consumer Durables
  • Market Cap: CN¥5.059b
  • Shares outstanding: 186.54m
  • Website: https://www.pianuo.net

Number of Employees


Location

  • Guangdong Piano Customized Furniture Co., Ltd.
  • No. 1 Haijing Road
  • Shiqi District
  • Zhongshan
  • Guangdong Province
  • 528400
  • China

Listings


Biography

Guangdong Piano Customized Furniture Co., Ltd. develops and sells home improvement solutions. Its products include cabinet and kitchen electrical products. Guangdong Piano Customized Furniture Co., Ltd. of...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/04/11 09:00
End of Day Share Price2021/04/09 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.