SZSE:300840

Stock Analysis Report

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Executive Summary

Qingdao Kute Smart Co Ltd. manufactures and sells men's and women's wear in China and internationally. More Details


Snowflake Analysis

Flawless balance sheet with questionable track record.

Share Price & News

How has Qingdao Kute Smart Co's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 300840 is more volatile than 75% of CN stocks over the past 3 months, typically moving +/- 8% a week.

Volatility Over Time: 300840's weekly volatility has decreased from 14% to 8% over the past year, but is still higher than 75% of CN stocks.


Market Performance


7 Day Return

1.3%

300840

2.0%

CN Luxury

2.9%

CN Market


1 Year Return

n/a

300840

-3.4%

CN Luxury

31.8%

CN Market

Return vs Industry: Insufficient data to determine how 300840 performed against the CN Luxury industry.

Return vs Market: Insufficient data to determine how 300840 performed against the CN Market.


Shareholder returns

300840IndustryMarket
7 Day1.3%2.0%2.9%
30 Day-12.9%-3.6%7.2%
90 Day-42.6%-11.2%11.5%
1 Yearn/a-1.3%-3.4%34.0%31.8%
3 Yearn/a-24.7%-28.8%23.1%17.0%
5 Yearn/a-30.8%-35.9%51.6%41.1%

Long-Term Price Volatility Vs. Market

How volatile is Qingdao Kute Smart Co's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Qingdao Kute Smart Co undervalued compared to its fair value and its price relative to the market?

40.14x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate 300840's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate 300840's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: 300840 is poor value based on its PE Ratio (40.1x) compared to the CN Luxury industry average (26x).

PE vs Market: 300840 is poor value based on its PE Ratio (40.1x) compared to the CN market (35.7x).


Price to Earnings Growth Ratio

PEG Ratio: 300840 is poor value based on its PEG Ratio (2x)


Price to Book Ratio

PB vs Industry: 300840 is overvalued based on its PB Ratio (3.9x) compared to the CN Luxury industry average (1.9x).


Next Steps

Future Growth

How is Qingdao Kute Smart Co forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

19.7%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 300840's forecast earnings growth (19.7% per year) is above the savings rate (3.3%).

Earnings vs Market: 300840's earnings (19.7% per year) are forecast to grow slower than the CN market (24.4% per year).

High Growth Earnings: 300840's earnings are forecast to grow, but not significantly.

Revenue vs Market: 300840's revenue (14.4% per year) is forecast to grow slower than the CN market (18.3% per year).

High Growth Revenue: 300840's revenue (14.4% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: 300840's Return on Equity is forecast to be low in 3 years time (11.6%).


Next Steps

Past Performance

How has Qingdao Kute Smart Co performed over the past 5 years?

23.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 300840 has a high level of non-cash earnings.

Growing Profit Margin: 300840's current net profit margins (11.3%) are lower than last year (11.5%).


Past Earnings Growth Analysis

Earnings Trend: 300840's earnings have grown significantly by 23.4% per year over the past 5 years.

Accelerating Growth: 300840's earnings growth over the past year (21.8%) is below its 5-year average (23.4% per year).

Earnings vs Industry: 300840 earnings growth over the past year (21.8%) exceeded the Luxury industry -10.3%.


Return on Equity

High ROE: 300840's Return on Equity (7.6%) is considered low.


Next Steps

Financial Health

How is Qingdao Kute Smart Co's financial position?


Financial Position Analysis

Short Term Liabilities: 300840's short term assets (CN¥558.9M) exceed its short term liabilities (CN¥122.3M).

Long Term Liabilities: 300840's short term assets (CN¥558.9M) exceed its long term liabilities (CN¥26.9M).


Debt to Equity History and Analysis

Debt Level: 300840 is debt free.

Reducing Debt: 300840 had no debt 5 years ago.

Debt Coverage: 300840 has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: 300840 has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Next Steps

Dividend

What is Qingdao Kute Smart Co current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 300840's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 300840'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 300840's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 300840's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 300840'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?


CEO

Lan Lan Zhang (41 yo)

no data

Tenure

Ms. Lan Lan Zhang serves as President and Director at Qingdao Kute Smart Co Ltd.


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: 300840 only recently listed within the past 12 months.


Top Shareholders

Company Information

Qingdao Kute Smart Co Ltd.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Qingdao Kute Smart Co Ltd.
  • Ticker: 300840
  • Exchange: SZSE
  • Founded: 2007
  • Industry: Apparel, Accessories and Luxury Goods
  • Sector: Consumer Durables
  • Market Cap: CN¥3.648b
  • Shares outstanding: 240.00m
  • Website: https://kutesmart.com

Number of Employees


Location

  • Qingdao Kute Smart Co Ltd.
  • No.17, Hongling Street
  • Jimo City
  • Qingdao
  • Shandong Province
  • 266200
  • China

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
300840SZSE (Shenzhen Stock Exchange)YesDomestic SharesCNCNYJul 2020

Biography

Qingdao Kute Smart Co Ltd. manufactures and sells men's and women's wear in China and internationally. It also operates stores. The company was founded in 2007 and is based in Qingdao, China.


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/01/23 09:25
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.