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DR SZSE:301177 Stock Report

Last Price

CN¥70.84

Market Cap

CN¥28.3b

7D

-1.0%

1Y

n/a

Updated

26 Jun, 2022

Data

Company Financials +
301177 fundamental analysis
Snowflake Score
Valuation4/6
Future Growth6/6
Past Performance5/6
Financial Health6/6
Dividends4/6

301177 Stock Overview

DR Corporation Limited produces and sells diamond jewelry worldwide.

DR Competitors

 

 

 

 

 

 

 

 

 

 

 

 

Price History & Performance

Summary of all time highs, changes and price drops for DR
Historical stock prices
Current Share PriceCN¥70.84
52 Week HighCN¥180.00
52 Week LowCN¥53.53
Beta0
1 Month Change16.36%
3 Month Change-14.57%
1 Year Changen/a
3 Year Changen/a
5 Year Changen/a
Change since IPO-57.07%

Recent News & Updates

Shareholder Returns

301177CN LuxuryCN Market
7D-1.0%0.6%2.1%
1Yn/a-19.1%-10.1%

Return vs Industry: Insufficient data to determine how 301177 performed against the CN Luxury industry.

Return vs Market: Insufficient data to determine how 301177 performed against the CN Market.

Price Volatility

Is 301177's price volatile compared to industry and market?
301177 volatility
301177 Average Weekly Movement9.1%
Luxury Industry Average Movement6.6%
Market Average Movement7.2%
10% most volatile stocks in CN Market10.1%
10% least volatile stocks in CN Market5.1%

Stable Share Price: 301177 is more volatile than 75% of CN stocks over the past 3 months, typically moving +/- 9% a week.

Volatility Over Time: 301177's weekly volatility (9%) has been stable over the past year, but is still higher than 75% of CN stocks.

About the Company

FoundedEmployeesCEOWebsite
20103,558n/ahttps://www.darryring.com

DR Corporation Limited produces and sells diamond jewelry worldwide. The company offers engagement, wedding, and men' rings, as well as pendants, bracelets, earrings, horoscope pendants, and personalized products. It also provides jewelry maintenance services.

DR Fundamentals Summary

How do DR's earnings and revenue compare to its market cap?
301177 fundamental statistics
Market CapCN¥28.34b
Earnings (TTM)CN¥1.36b
Revenue (TTM)CN¥4.76b

20.9x

P/E Ratio

6.0x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
301177 income statement (TTM)
RevenueCN¥4.76b
Cost of RevenueCN¥1.42b
Gross ProfitCN¥3.34b
Other ExpensesCN¥1.99b
EarningsCN¥1.36b

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)3.39
Gross Margin70.23%
Net Profit Margin28.49%
Debt/Equity Ratio0%

How did 301177 perform over the long term?

See historical performance and comparison

Dividends

2.8%

Current Dividend Yield

54%

Payout Ratio
We’ve recently updated our valuation analysis.

Valuation

Is 301177 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

4/6

Valuation Score 4/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • PEG Ratio

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 301177?

Other financial metrics that can be useful for relative valuation.

301177 key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue4.6x
Enterprise Value/EBITDA13.7x
PEG Ratio0.9x

Price to Earnings Ratio vs Peers

How does 301177's PE Ratio compare to its peers?

301177 PE Ratio vs Peers
The above table shows the PE ratio for 301177 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average14.7x

Price-To-Earnings vs Peers: 301177 is expensive based on its Price-To-Earnings Ratio (20.9x) compared to the peer average (14.7x).


Price to Earnings Ratio vs Industry

How does 301177's PE Ratio compare vs other companies in the Chinese Luxury Industry?

Price-To-Earnings vs Industry: 301177 is good value based on its Price-To-Earnings Ratio (20.9x) compared to the CN Luxury industry average (22x)


Price to Earnings Ratio vs Fair Ratio

What is 301177's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

301177 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio20.9x
Fair PE Ratio25.9x

Price-To-Earnings vs Fair Ratio: 301177 is good value based on its Price-To-Earnings Ratio (20.9x) compared to the estimated Fair Price-To-Earnings Ratio (25.9x).


Share Price vs Fair Value

What is the Fair Price of 301177 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 301177 (CN¥70.84) is trading below our estimate of fair value (CN¥88.37)

Significantly Below Fair Value: 301177 is trading below fair value, but not by a significant amount.


Price to Earnings Growth Ratio

PEG Ratio: 301177 is good value based on its PEG Ratio (0.9x)


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Future Growth

How is DR forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?

Future Growth Score

6/6

Future Growth Score 6/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


24.5%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 301177's forecast earnings growth (24.5% per year) is above the savings rate (3.3%).

Earnings vs Market: 301177's earnings (24.5% per year) are forecast to grow faster than the CN market (24% per year).

High Growth Earnings: 301177's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: 301177's revenue (24.4% per year) is forecast to grow faster than the CN market (17.6% per year).

High Growth Revenue: 301177's revenue (24.4% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: 301177's Return on Equity is forecast to be high in 3 years time (22.3%)


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Past Performance

How has DR performed over the past 5 years?

Past Performance Score

5/6

Past Performance Score 5/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


36.6%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: 301177 has high quality earnings.

Growing Profit Margin: 301177's current net profit margins (28.5%) are higher than last year (25.9%).


Past Earnings Growth Analysis

Earnings Trend: 301177's earnings have grown significantly by 36.6% per year over the past 5 years.

Accelerating Growth: 301177's earnings growth over the past year (67.5%) exceeds its 5-year average (36.6% per year).

Earnings vs Industry: 301177 earnings growth over the past year (67.5%) exceeded the Luxury industry 5.1%.


Return on Equity

High ROE: 301177's Return on Equity (18.7%) is considered low.


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Financial Health

How is DR's financial position?

Financial Health Score

6/6

Financial Health Score 6/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: 301177's short term assets (CN¥7.6B) exceed its short term liabilities (CN¥1.1B).

Long Term Liabilities: 301177's short term assets (CN¥7.6B) exceed its long term liabilities (CN¥228.2M).


Debt to Equity History and Analysis

Debt Level: 301177 is debt free.

Reducing Debt: 301177 has not had any debt for past 5 years.

Debt Coverage: 301177 has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: 301177 has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


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Dividend

What is DR current dividend yield, its reliability and sustainability?

Dividend Score

4/6

Dividend Score 4/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage


2.82%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: 301177's dividend (2.82%) is higher than the bottom 25% of dividend payers in the CN market (0.48%).

High Dividend: 301177's dividend (2.82%) is in the top 25% of dividend payers in the CN market (1.93%)


Stability and Growth of Payments

Stable Dividend: Too early to tell whether 301177's dividend payments have been stable as they only just started paying a dividend.

Growing Dividend: Too early to tell if 301177's dividend payments are increasing as they only just started paying a dividend.


Earnings Payout to Shareholders

Earnings Coverage: With its reasonable payout ratio (54.5%), 301177's dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonable cash payout ratio (58.2%), 301177's dividend payments are covered by cash flows.


Discover strong dividend paying companies

Management

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

2.4yrs

Average board tenure


CEO

DR has no CEO, or we have no data on them.


Board Members

Experienced Board: 301177's board of directors are not considered experienced ( 2.4 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: 301177 only recently listed within the past 12 months.


Top Shareholders

Company Information

DR Corporation Limited's employee growth, exchange listings and data sources


Key Information

  • Name: DR Corporation Limited
  • Ticker: 301177
  • Exchange: SZSE
  • Founded: 2010
  • Industry: Apparel, Accessories and Luxury Goods
  • Sector: Consumer Durables
  • Implied Market Cap: CN¥28.337b
  • Shares outstanding: 400.01m
  • Website: https://www.darryring.com

Number of Employees


Location

  • DR Corporation Limited
  • Block C, China Resources Land Building
  • 12-13 Floors
  • Shenzhen
  • 518063
  • China

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/06/26 00:00
End of Day Share Price2022/06/24 00:00
Earnings2022/03/31
Annual Earnings2021/12/31


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.