Snowflake Score | |
---|---|
Valuation | 6/6 |
Future Growth | 2/6 |
Past Performance | 6/6 |
Financial Health | 6/6 |
Dividends | 5/6 |
600873 Stock Overview
MeiHua Holdings Group Co.,Ltd provides amino acid nutrition and health solutions.
MeiHua Holdings GroupLtd Competitors
Price History & Performance
Historical stock prices | |
---|---|
Current Share Price | CN¥11.40 |
52 Week High | CN¥11.39 |
52 Week Low | CN¥5.41 |
Beta | 0.44 |
1 Month Change | 20.25% |
3 Month Change | 25.28% |
1 Year Change | 105.04% |
3 Year Change | 130.30% |
5 Year Change | 99.65% |
Change since IPO | 3.24% |
Recent News & Updates
Shareholder Returns
600873 | CN Food | CN Market | |
---|---|---|---|
7D | 4.6% | 4.0% | 2.3% |
1Y | 105.0% | -9.1% | -8.1% |
Return vs Industry: 600873 exceeded the CN Food industry which returned -9.1% over the past year.
Return vs Market: 600873 exceeded the CN Market which returned -8.1% over the past year.
Price Volatility
600873 volatility | |
---|---|
600873 Average Weekly Movement | 6.5% |
Food Industry Average Movement | 7.3% |
Market Average Movement | 7.3% |
10% most volatile stocks in CN Market | 10.2% |
10% least volatile stocks in CN Market | 5.1% |
Stable Share Price: 600873 is not significantly more volatile than the rest of CN stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: 600873's weekly volatility (6%) has been stable over the past year.
About the Company
Founded | Employees | CEO | Website |
---|---|---|---|
2002 | 12,952 | Jun He | https://www.meihuagrp.com |
MeiHua Holdings Group Co.,Ltd provides amino acid nutrition and health solutions. Its products include food additives, including sodium glutamate, natamycin, disodium 5'-ribonucleotide, disodium inosinate, xanthan gum, pullulan, and trehalose; condiments, such as monosodium glutamate (MSG); amino acid for feed comprising valine, L-lysine sulphate and HCL, L-threonine, L-tryptophane, corn gluten meal for feedstuffs, corn husk powder, corn fiber feed, and boutique MSG residue. The company also provides pharmaceutical amino acids consisting of L-glutamine, L-leucine, L-isoleucine, L-valine, BCAA, L-proline, inosine, vernine, and adenosine; colloids; enteric, cellulose, gelatin, and pullulan capsules; and fertilizers, which include soil conditioners.
MeiHua Holdings GroupLtd Fundamentals Summary
600873 fundamental statistics | |
---|---|
Market Cap | CN¥34.39b |
Earnings (TTM) | CN¥3.10b |
Revenue (TTM) | CN¥24.24b |
11.2x
P/E Ratio1.4x
P/S RatioIs 600873 overvalued?
See Fair Value and valuation analysisEarnings & Revenue
600873 income statement (TTM) | |
---|---|
Revenue | CN¥24.24b |
Cost of Revenue | CN¥18.94b |
Gross Profit | CN¥5.30b |
Other Expenses | CN¥2.20b |
Earnings | CN¥3.10b |
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
n/a
Earnings per share (EPS) | 1.02 |
Gross Margin | 21.85% |
Net Profit Margin | 12.79% |
Debt/Equity Ratio | 48.6% |
How did 600873 perform over the long term?
See historical performance and comparisonDividends
3.5%
Current Dividend Yield40%
Payout RatioValuation
Is 600873 undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
6/6Valuation Score 6/6
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 600873?
Other financial metrics that can be useful for relative valuation.
What is 600873's n/a Ratio? | |
---|---|
n/a Ratio | 0x |
n/a | n/a |
Market Cap | CN¥34.39b |
Key Statistics | |
---|---|
Enterprise Value/Revenue | 1.5x |
Enterprise Value/EBITDA | 7.4x |
PEG Ratio | 0.8x |
Price to Earnings Ratio vs Peers
How does 600873's PE Ratio compare to its peers?
600873 PE Ratio vs Peers |
---|
Company | PE | Estimated Growth | Market Cap |
---|---|---|---|
Peer Average | 37x | ||
600298 Angel Yeast | 35.5x | 22.9% | CN¥42.4b |
603517 Juewei Food | 41.3x | 24.2% | CN¥35.5b |
002507 Chongqing Fuling Zhacai Group | 40.4x | 16.8% | CN¥30.6b |
002557 Chacha Food Company | 29.4x | 17.4% | CN¥28.8b |
600873 MeiHua Holdings GroupLtd | 11.2x | 14.9% | CN¥34.4b |
Price-To-Earnings vs Peers: 600873 is good value based on its Price-To-Earnings Ratio (11.2x) compared to the peer average (37x).
Price to Earnings Ratio vs Industry
How does 600873's PE Ratio compare vs other companies in the CN Food Industry?
Price-To-Earnings vs Industry: 600873 is good value based on its Price-To-Earnings Ratio (11.2x) compared to the CN Food industry average (42.9x)
Price to Earnings Ratio vs Fair Ratio
What is 600873'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.
Fair Ratio | |
---|---|
Current PE Ratio | 11.2x |
Fair PE Ratio | 31.5x |
Price-To-Earnings vs Fair Ratio: 600873 is good value based on its Price-To-Earnings Ratio (11.2x) compared to the estimated Fair Price-To-Earnings Ratio (31.5x).
Share Price vs Fair Value
What is the Fair Price of 600873 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: 600873 (CN¥11.4) is trading below our estimate of fair value (CN¥65.66)
Significantly Below Fair Value: 600873 is trading below fair value by more than 20%.
Price to Earnings Growth Ratio
PEG Ratio: 600873 is good value based on its PEG Ratio (0.8x)
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Future Growth
How is MeiHua Holdings GroupLtd forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Future Growth Score
2/6Future Growth Score 2/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE
14.9%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 600873's forecast earnings growth (14.9% per year) is above the savings rate (3.2%).
Earnings vs Market: 600873's earnings (14.9% per year) are forecast to grow slower than the CN market (23.9% per year).
High Growth Earnings: 600873's earnings are forecast to grow, but not significantly.
Revenue vs Market: 600873's revenue (10.3% per year) is forecast to grow slower than the CN market (17.5% per year).
High Growth Revenue: 600873's revenue (10.3% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 600873's Return on Equity is forecast to be high in 3 years time (21.8%)
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Past Performance
How has MeiHua Holdings GroupLtd performed over the past 5 years?
Past Performance Score
6/6Past Performance Score 6/6
Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE
13.2%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 600873 has high quality earnings.
Growing Profit Margin: 600873's current net profit margins (12.8%) are higher than last year (6.2%).
Past Earnings Growth Analysis
Earnings Trend: 600873's earnings have grown by 13.2% per year over the past 5 years.
Accelerating Growth: 600873's earnings growth over the past year (170.9%) exceeds its 5-year average (13.2% per year).
Earnings vs Industry: 600873 earnings growth over the past year (170.9%) exceeded the Food industry -5.9%.
Return on Equity
High ROE: 600873's Return on Equity (26.3%) is considered high.
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Financial Health
How is MeiHua Holdings GroupLtd's financial position?
Financial Health Score
6/6Financial Health Score 6/6
Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage
Financial Position Analysis
Short Term Liabilities: 600873's short term assets (CN¥9.2B) exceed its short term liabilities (CN¥5.7B).
Long Term Liabilities: 600873's short term assets (CN¥9.2B) exceed its long term liabilities (CN¥4.8B).
Debt to Equity History and Analysis
Debt Level: 600873's net debt to equity ratio (16.3%) is considered satisfactory.
Reducing Debt: 600873's debt to equity ratio has reduced from 55.6% to 48.6% over the past 5 years.
Debt Coverage: 600873's debt is well covered by operating cash flow (82.5%).
Interest Coverage: 600873 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Dividend
What is MeiHua Holdings GroupLtd current dividend yield, its reliability and sustainability?
Dividend Score
4/6Dividend Score 4/6
Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Future Dividend Coverage
3.51%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 600873's dividend (3.51%) is higher than the bottom 25% of dividend payers in the CN market (0.47%).
High Dividend: 600873's dividend (3.51%) is in the top 25% of dividend payers in the CN market (1.92%)
Stability and Growth of Payments
Stable Dividend: 600873's dividend payments have been volatile in the past 10 years.
Growing Dividend: 600873's dividend payments have increased over the past 10 years.
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (39.9%), 600873's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (31.3%), 600873's dividend payments are well covered by cash flows.
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Management
How experienced are the management team and are they aligned to shareholders interests?
CN¥12m
CEO Compensation
CEO
Jun He (48 yo)
5.42yrs
Tenure
CN¥12,110,000
Compensation
Jun He has been a General Manager of Meihua Holdings Group Co., Ltd. since January 17, 2017. Jun He served as the Deputy General Manager of Meihua Holdings Group Co., Ltd.until January 17, 2017. Jun He se...
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
MeiHua Holdings Group Co.,Ltd's employee growth, exchange listings and data sources
Key Information
- Name: MeiHua Holdings Group Co.,Ltd
- Ticker: 600873
- Exchange: SHSE
- Founded: 2002
- Industry: Packaged Foods and Meats
- Sector: Food, Beverage & Tobacco
- Implied Market Cap: CN¥34.388b
- Shares outstanding: 3.05b
- Website: https://www.meihuagrp.com
Number of Employees
Location
- MeiHua Holdings Group Co.,Ltd
- No.66 Huaxiang Road
- Economic and Technical Development Area
- Langfang
- Hebei Province
- 65001
- China
Listings
Company Analysis and Financial Data Status
Data | Last Updated (UTC time) |
---|---|
Company Analysis | 2022/07/01 00:00 |
End of Day Share Price | 2022/07/01 00:00 |
Earnings | 2022/03/31 |
Annual Earnings | 2021/12/31 |
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.