Bear Electric Appliance Co.,Ltd. engages in the research and development, production, and sale of household appliances in China. More Details
Outstanding track record with flawless balance sheet.
Share Price & News
How has Bear Electric ApplianceLtd's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 002959 is more volatile than 75% of CN stocks over the past 3 months, typically moving +/- 8% a week.
Volatility Over Time: 002959's weekly volatility (8%) has been stable over the past year, but is still higher than 75% of CN stocks.
7 Day Return
CN Consumer Durables
1 Year Return
CN Consumer Durables
Return vs Industry: 002959 underperformed the CN Consumer Durables industry which returned 58.8% over the past year.
Return vs Market: 002959 exceeded the CN Market which returned 27.4% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Bear Electric ApplianceLtd's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Bear Electric ApplianceLtd undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: 002959 (CN¥81.2) is trading above our estimate of fair value (CN¥22.4)
Significantly Below Fair Value: 002959 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 002959's PE Ratio (30x) is in line with the CN Consumer Durables industry average.
PE vs Market: 002959 is good value based on its PE Ratio (30x) compared to the CN market (34.5x).
Price to Earnings Growth Ratio
PEG Ratio: 002959 is poor value based on its PEG Ratio (1.3x)
Price to Book Ratio
PB vs Industry: 002959 is overvalued based on its PB Ratio (6.8x) compared to the CN Consumer Durables industry average (3.2x).
How is Bear Electric ApplianceLtd forecast to perform in the next 1 to 3 years based on estimates from 8 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 002959's forecast earnings growth (22.3% per year) is above the savings rate (3.3%).
Earnings vs Market: 002959's earnings (22.3% per year) are forecast to grow slower than the CN market (23.5% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: 002959's revenue (23.6% per year) is forecast to grow faster than the CN market (18% per year).
High Growth Revenue: 002959's revenue (23.6% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 002959's Return on Equity is forecast to be high in 3 years time (23.4%)
How has Bear Electric ApplianceLtd performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 002959 has high quality earnings.
Growing Profit Margin: 002959's current net profit margins (12.2%) are higher than last year (9.6%).
Past Earnings Growth Analysis
Earnings Trend: 002959's earnings have grown significantly by 29% per year over the past 5 years.
Accelerating Growth: 002959's earnings growth over the past year (80.4%) exceeds its 5-year average (29% per year).
Earnings vs Industry: 002959 earnings growth over the past year (80.4%) exceeded the Consumer Durables industry 7.1%.
Return on Equity
High ROE: 002959's Return on Equity (22.6%) is considered high.
How is Bear Electric ApplianceLtd's financial position?
Financial Position Analysis
Short Term Liabilities: 002959's short term assets (CN¥2.6B) exceed its short term liabilities (CN¥1.4B).
Long Term Liabilities: 002959's short term assets (CN¥2.6B) exceed its long term liabilities (CN¥2.3M).
Debt to Equity History and Analysis
Debt Level: 002959 is debt free.
Reducing Debt: 002959 had no debt 5 years ago.
Debt Coverage: 002959 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 002959 has no debt, therefore coverage of interest payments is not a concern.
What is Bear Electric ApplianceLtd current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 002959's dividend (0.95%) is higher than the bottom 25% of dividend payers in the CN market (0.42%).
High Dividend: 002959's dividend (0.95%) is low compared to the top 25% of dividend payers in the CN market (1.79%).
Stability and Growth of Payments
Stable Dividend: Too early to tell whether 002959's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if 002959's dividend payments are increasing as they only just started paying a dividend.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (28.4%), 002959's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: 002959's dividends in 3 years are forecast to be covered by earnings (55.3% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Bear Electric ApplianceLtd has no CEO, or we have no data on them.
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.
Bear Electric Appliance Co.,Ltd.'s company bio, employee growth, exchange listings and data sources
- Name: Bear Electric Appliance Co.,Ltd.
- Ticker: 2959
- Exchange: SZSE
- Founded: 2006
- Industry: Household Appliances
- Sector: Consumer Durables
- Market Cap: CN¥12.667b
- Shares outstanding: 156.00m
- Website: https://www.bears.com.cn
Number of Employees
- Bear Electric Appliance Co.,Ltd.
- Lianfu 3rd Road
- Fuan Industrial Zone
- Guangdong Province
Bear Electric Appliance Co.,Ltd. engages in the research and development, production, and sale of household appliances in China. It offers yogurt machines, electric cookers, health pots, humidifiers, elect...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/04/10 09:20|
|End of Day Share Price||2021/04/09 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.