SZSE:002899

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Impulse (Qingdao) Health TechLtd

Executive Summary

Impulse (Qingdao) Health Tech Co.,Ltd. manufactures and sells fitness equipment worldwide. More Details


Snowflake Analysis

Flawless balance sheet and fair value.

Share Price & News

How has Impulse (Qingdao) Health TechLtd's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 002899 is less volatile than 75% of CN stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: 002899's weekly volatility (4%) has been stable over the past year.


Market Performance


7 Day Return

2.2%

2899

4.7%

CN Leisure

2.9%

CN Market


1 Year Return

-6.6%

2899

19.1%

CN Leisure

31.8%

CN Market

Return vs Industry: 002899 underperformed the CN Leisure industry which returned 19.1% over the past year.

Return vs Market: 002899 underperformed the CN Market which returned 31.8% over the past year.


Shareholder returns

2899IndustryMarket
7 Day2.2%4.7%2.9%
30 Day-3.3%5.2%7.2%
90 Day-21.3%2.5%11.5%
1 Year-6.6%-6.6%20.3%19.1%34.0%31.8%
3 Year-58.2%-58.6%0.7%-1.6%23.1%17.0%
5 Yearn/a-54.8%-55.7%51.6%41.1%

Long-Term Price Volatility Vs. Market

How volatile is Impulse (Qingdao) Health TechLtd's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Impulse (Qingdao) Health TechLtd 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: 002899 (CN¥12.43) is trading below our estimate of fair value (CN¥36.81)

Significantly Below Fair Value: 002899 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 002899 is poor value based on its PE Ratio (40.2x) compared to the CN Leisure industry average (29.9x).

PE vs Market: 002899 is poor value based on its PE Ratio (40.2x) compared to the CN market (35.1x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 002899's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 002899 is good value based on its PB Ratio (1.4x) compared to the CN Leisure industry average (2.8x).


Next Steps

Future Growth

How is Impulse (Qingdao) Health TechLtd forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

33.2%

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 Impulse (Qingdao) Health TechLtd 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 Impulse (Qingdao) Health TechLtd performed over the past 5 years?

-15.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 002899 has a large one-off gain of CN¥13.6M impacting its September 30 2020 financial results.

Growing Profit Margin: 002899's current net profit margins (4.1%) are lower than last year (6.2%).


Past Earnings Growth Analysis

Earnings Trend: 002899's earnings have declined by 15.8% per year over the past 5 years.

Accelerating Growth: 002899's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 002899 had negative earnings growth (-37.7%) over the past year, making it difficult to compare to the Leisure industry average (23.8%).


Return on Equity

High ROE: 002899's Return on Equity (3.4%) is considered low.


Next Steps

Financial Health

How is Impulse (Qingdao) Health TechLtd's financial position?


Financial Position Analysis

Short Term Liabilities: 002899's short term assets (CN¥1.0B) exceed its short term liabilities (CN¥254.7M).

Long Term Liabilities: 002899's short term assets (CN¥1.0B) exceed its long term liabilities (CN¥3.3M).


Debt to Equity History and Analysis

Debt Level: 002899's debt to equity ratio (0.05%) is considered satisfactory.

Reducing Debt: 002899's debt to equity ratio has reduced from 25.2% to 0.05% over the past 5 years.

Debt Coverage: 002899's debt is well covered by operating cash flow (21197.5%).

Interest Coverage: 002899 earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


Next Steps

Dividend

What is Impulse (Qingdao) Health TechLtd current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 002899's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 002899's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if 002899's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 002899's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: 002899 is not paying a notable dividend for the CN market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 002899's dividend in 3 years as they are not forecast to pay a notable one for the CN market.


Next Steps

Management

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

2.5yrs

Average board tenure


CEO

Karl Ding

no data

Tenure

Karl Ding serves as Chief Executive Officer of Impulse (Qingdao) Health Tech Co.,Ltd.


Board Members

NamePositionTenureCompensationOwnership
Lirong Ding
President & Non-Independent Director2.5yrsCN¥500.10kno data
Lijie Ping
Non-Independent Director2.5yrsno datano data
Gang Wei
Non-Independent Director2.5yrsno datano data
Kexue Li
Non-Independent Director2.5yrsno datano data
Xiaodong Chen
Non-Independent Director2.5yrsno datano data
Chun Li
Independent Director2.5yrsCN¥65.00kno data
Shinian Liang
Independent Director2.5yrsCN¥65.00kno data
Zhi Wu
Independent Director2.5yrsCN¥65.00kno data
Yuming Zhu
Supervisor2.5yrsno datano data
Xiaodong Sa
Supervisor2.5yrsno data0.0013%
CN¥ 18.6k
Zengxun Liu
Non-Independent Director2.5yrsCN¥450.00kno data

2.5yrs

Average Tenure

Experienced Board: 002899's board of directors are not considered experienced ( 2.5 years average tenure), which suggests a new board.


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

Impulse (Qingdao) Health Tech Co.,Ltd.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Impulse (Qingdao) Health Tech Co.,Ltd.
  • Ticker: 2899
  • Exchange: SZSE
  • Founded: NaN
  • Industry: Leisure Products
  • Sector: Consumer Durables
  • Market Cap: CN¥1.492b
  • Shares outstanding: 120.00m
  • Website: https://www.impulsefitness.com

Number of Employees


Location

  • Impulse (Qingdao) Health Tech Co.,Ltd.
  • No. 369 Huashan 2nd Road
  • Jimo
  • Qingdao
  • Shandong Province
  • China

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
2899SZSE (Shenzhen Stock Exchange)YesDomestic SharesCNCNYSep 2017

Biography

Impulse (Qingdao) Health Tech Co.,Ltd. manufactures and sells fitness equipment worldwide. It offers treadmills, upright and recumbent bikes, and indoor cycles; and elliptical, strength, group training, an...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/01/23 09:30
End of Day Share Price2021/01/22 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.