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Ogawa Smart Healthcare Technology Group

Market Cap

CN¥10.6b

Last Updated

2021/04/14 10:14 UTC

Data Sources

Company Financials +

Executive Summary

Ogawa Smart Healthcare Technology Group Co., Ltd. More Details


Snowflake Analysis

Flawless balance sheet with solid track record.

Share Price & News

How has Ogawa Smart Healthcare Technology Group's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 002614 is more volatile than 75% of CN stocks over the past 3 months, typically moving +/- 8% a week.

Volatility Over Time: 002614's weekly volatility (8%) has been stable over the past year, but is still higher than 75% of CN stocks.


Market Performance


7 Day Return

3.9%

2614

3.6%

CN Leisure

-3.2%

CN Market


1 Year Return

73.3%

2614

18.9%

CN Leisure

24.0%

CN Market

Return vs Industry: 002614 exceeded the CN Leisure industry which returned 18.9% over the past year.

Return vs Market: 002614 exceeded the CN Market which returned 24% over the past year.


Shareholder returns

2614IndustryMarket
7 Day3.9%3.6%-3.2%
30 Day31.8%4.9%-1.5%
90 Day22.7%5.2%-7.4%
1 Year77.4%73.3%20.0%18.9%25.9%24.0%
3 Year-15.1%-17.9%3.0%0.7%26.6%20.5%
5 Yearn/a-58.9%-59.7%22.2%14.1%

Long-Term Price Volatility Vs. Market

How volatile is Ogawa Smart Healthcare Technology Group's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Ogawa Smart Healthcare Technology Group undervalued compared to its fair value and its price relative to the market?

21.94x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: 002614 (CN¥17.33) is trading above our estimate of fair value (CN¥2.47)

Significantly Below Fair Value: 002614 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 002614 is good value based on its PE Ratio (21.9x) compared to the CN Leisure industry average (37x).

PE vs Market: 002614 is good value based on its PE Ratio (21.9x) compared to the CN market (32.8x).


Price to Earnings Growth Ratio

PEG Ratio: 002614 is good value based on its PEG Ratio (1x)


Price to Book Ratio

PB vs Industry: 002614 is good value based on its PB Ratio (2.3x) compared to the CN Leisure industry average (3x).


Future Growth

How is Ogawa Smart Healthcare Technology Group forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?

22.7%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 002614's forecast earnings growth (22.7% per year) is above the savings rate (3.3%).

Earnings vs Market: 002614's earnings (22.7% per year) are forecast to grow slower than the CN market (23.4% per year).

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

Revenue vs Market: 002614's revenue (16.9% per year) is forecast to grow slower than the CN market (17.9% per year).

High Growth Revenue: 002614's revenue (16.9% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: 002614's Return on Equity is forecast to be low in 3 years time (15%).


Past Performance

How has Ogawa Smart Healthcare Technology Group performed over the past 5 years?

12.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 002614 has high quality earnings.

Growing Profit Margin: 002614's current net profit margins (6.4%) are higher than last year (5.5%).


Past Earnings Growth Analysis

Earnings Trend: 002614's earnings have grown by 12.6% per year over the past 5 years.

Accelerating Growth: 002614's earnings growth over the past year (56.3%) exceeds its 5-year average (12.6% per year).

Earnings vs Industry: 002614 earnings growth over the past year (56.3%) exceeded the Leisure industry 20.9%.


Return on Equity

High ROE: 002614's Return on Equity (9.1%) is considered low.


Financial Health

How is Ogawa Smart Healthcare Technology Group's financial position?


Financial Position Analysis

Short Term Liabilities: 002614's short term assets (CN¥6.5B) exceed its short term liabilities (CN¥3.5B).

Long Term Liabilities: 002614's short term assets (CN¥6.5B) exceed its long term liabilities (CN¥758.6M).


Debt to Equity History and Analysis

Debt Level: 002614's debt to equity ratio (23.7%) is considered satisfactory.

Reducing Debt: 002614's debt to equity ratio has reduced from 29.5% to 23.7% over the past 5 years.

Debt Coverage: 002614's debt is well covered by operating cash flow (63%).

Interest Coverage: 002614 earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


Dividend

What is Ogawa Smart Healthcare Technology Group current dividend yield, its reliability and sustainability?

1.73%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 002614's dividend (1.73%) is higher than the bottom 25% of dividend payers in the CN market (0.44%).

High Dividend: 002614's dividend (1.73%) is low compared to the top 25% of dividend payers in the CN market (1.84%).


Stability and Growth of Payments

Stable Dividend: 002614 has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: 002614's dividend payments have increased, but the company has only paid a dividend for 9 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (38%), 002614's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: 002614's dividends in 3 years are forecast to be well covered by earnings (29.8% payout ratio).


Next Steps

Management

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

0.8yrs

Average board tenure


CEO

Jianhan Zou (51 yo)

no data

Tenure

CN¥615,400

Compensation

Mr. Jianhan Zou serves as the Chairman of the Board of Directors and General Manager of Ogawa Smart Healthcare Technology Group Co., Ltd. (formerly known as Xiamen Comfort Science&Technology Group Co., Ltd...


Board Members

Experienced Board: 002614's board of directors are not considered experienced ( 0.8 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 been diluted in the past year, with total shares outstanding growing by 9%.


Top Shareholders

Company Information

Ogawa Smart Healthcare Technology Group Co., Ltd.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Ogawa Smart Healthcare Technology Group Co., Ltd.
  • Ticker: 2614
  • Exchange: XSEC
  • Founded: 1996
  • Industry: Leisure Products
  • Sector: Consumer Durables
  • Market Cap: CN¥10.596b
  • Shares outstanding: 611.42m
  • Website: https://www.easepal.com.cn

Number of Employees


Location

  • Ogawa Smart Healthcare Technology Group Co., Ltd.
  • No. 168, Qianpu Road
  • 5th Floor
  • Xiamen
  • Fujian Province
  • China

Listings


Biography

Ogawa Smart Healthcare Technology Group Co., Ltd. researches, develops, manufactures, and sells health massage appliances in China and internationally. It provides massage chairs and apparatuses, air purif...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/04/14 10:14
End of Day Share Price2021/04/13 00:00
Earnings2020/12/31
Annual Earnings2020/12/31


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.