New Hope Liuhe
Market Cap
CN¥100.6b
Last Updated
2021/01/18 09:17 UTC
Data Sources
Company Financials +
Executive Summary
New Hope Liuhe Co., Ltd., together with its subsidiaries, engages in feed, breeding, meat products, and financial investment businesses in China, Vietnam, the Philippines, Bangladesh, Indonesia, Sri Lanka, Kampuchea, Singapore, Egypt, and internationally. More Details
Rewards
Risk Analysis
Snowflake Analysis
Exceptional growth potential, good value and pays a dividend.
Similar Companies
Share Price & News
How has New Hope Liuhe's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 000876 is not significantly more volatile than the rest of CN stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: 000876's weekly volatility (6%) has been stable over the past year.
Market Performance
7 Day Return
-2.4%
876
-8.1%
CN Food
-1.2%
CN Market
1 Year Return
15.5%
876
48.5%
CN Food
25.4%
CN Market
Return vs Industry: 000876 underperformed the CN Food industry which returned 48.5% over the past year.
Return vs Market: 000876 underperformed the CN Market which returned 25.4% over the past year.
Shareholder returns
| 876 | Industry | Market | |
|---|---|---|---|
| 7 Day | -2.4% | -8.1% | -1.2% |
| 30 Day | 0.9% | 9.2% | 4.7% |
| 90 Day | -20.1% | 17.0% | 6.7% |
| 1 Year | 16.1%15.5% | 51.1%48.5% | 27.5%25.4% |
| 3 Year | 186.9%178.2% | 103.1%93.2% | 23.2%17.0% |
| 5 Year | n/a | 155.3%134.8% | 38.9%29.5% |
Long-Term Price Volatility Vs. Market
How volatile is New Hope Liuhe's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Valuation
Is New Hope Liuhe undervalued compared to its fair value and its price relative to the market?
13.5x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: 000876 (CN¥22.98) is trading above our estimate of fair value (CN¥16.69)
Significantly Below Fair Value: 000876 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 000876 is good value based on its PE Ratio (13.5x) compared to the CN Food industry average (37.7x).
PE vs Market: 000876 is good value based on its PE Ratio (13.5x) compared to the CN market (35x).
Price to Earnings Growth Ratio
PEG Ratio: 000876 is good value based on its PEG Ratio (0.5x)
Price to Book Ratio
PB vs Industry: 000876 is good value based on its PB Ratio (2.8x) compared to the CN Food industry average (3.2x).
Next Steps
Future Growth
How is New Hope Liuhe forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?
25.4%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 000876's forecast earnings growth (25.4% per year) is above the savings rate (3.3%).
Earnings vs Market: 000876's earnings (25.4% per year) are forecast to grow faster than the CN market (24.2% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: 000876's revenue (23.1% per year) is forecast to grow faster than the CN market (18.1% per year).
High Growth Revenue: 000876's revenue (23.1% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 000876's Return on Equity is forecast to be high in 3 years time (31.3%)
Next Steps
Past Performance
How has New Hope Liuhe performed over the past 5 years?
23.1%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 000876 has a high level of non-cash earnings.
Growing Profit Margin: 000876's current net profit margins (7.1%) are higher than last year (4.4%).
Past Earnings Growth Analysis
Earnings Trend: 000876's earnings have grown significantly by 23.1% per year over the past 5 years.
Accelerating Growth: 000876's earnings growth over the past year (111%) exceeds its 5-year average (23.1% per year).
Earnings vs Industry: 000876 earnings growth over the past year (111%) exceeded the Food industry 19.6%.
Return on Equity
High ROE: 000876's Return on Equity (18.9%) is considered low.
Next Steps
Financial Health
How is New Hope Liuhe's financial position?
Financial Position Analysis
Short Term Liabilities: 000876's short term assets (CN¥32.8B) do not cover its short term liabilities (CN¥36.9B).
Long Term Liabilities: 000876's short term assets (CN¥32.8B) exceed its long term liabilities (CN¥24.1B).
Debt to Equity History and Analysis
Debt Level: 000876's debt to equity ratio (96.2%) is considered high.
Reducing Debt: 000876's debt to equity ratio has increased from 28.9% to 96.2% over the past 5 years.
Debt Coverage: 000876's debt is not well covered by operating cash flow (10.8%).
Interest Coverage: 000876 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
Next Steps
Dividend
What is New Hope Liuhe current dividend yield, its reliability and sustainability?
0.65%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 000876's dividend (0.65%) is higher than the bottom 25% of dividend payers in the CN market (0.4%).
High Dividend: 000876's dividend (0.65%) is low compared to the top 25% of dividend payers in the CN market (1.82%).
Stability and Growth of Payments
Stable Dividend: 000876's dividend payments have been volatile in the past 10 years.
Growing Dividend: 000876's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (8.8%), 000876's dividend payments are thoroughly covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: 000876's dividends in 3 years are forecast to be well covered by earnings (17.6% payout ratio).
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Management
How experienced are the management team and are they aligned to shareholders interests?
1.6yrs
Average board tenure
CEO
Bing Li (49 yo)
6yrs
Tenure
CN¥793,000
Compensation
Mr. Bing Li has been President at New Hope Liuhe Co., Ltd. since January 8, 2015. Mr. Li served as Vice President of New Hope Liuhe Co., Ltd. Mr. Li serves as the President of Chengdu Regional Joint Confer...
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Independent Director | no data | no data | no data | |
| Director | no data | no data | no data | |
| Director | 7.67yrs | no data | 0.0014% CN¥ 1.4m | |
| Chairman | 7.67yrs | CN¥3.75m | no data | |
| President & Non-Independent Director | 1.58yrs | no data | no data | |
| Director | no data | no data | no data | |
| Chairman of Supervisory Board | no data | no data | no data | |
| Member of Supervisory Board | 1.58yrs | no data | no data | |
| Independent Director | 1.58yrs | no data | no data | |
| Independent Director | 1.58yrs | no data | 0.00023% CN¥ 231.3k |
1.6yrs
Average Tenure
49yo
Average Age
Experienced Board: 000876's board of directors are not considered experienced ( 1.6 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 7%.
Top Shareholders
Company Information
New Hope Liuhe Co., Ltd.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: New Hope Liuhe Co., Ltd.
- Ticker: 876
- Exchange: SZSE
- Founded: 1998
- Industry: Agricultural Products
- Sector: Food, Beverage & Tobacco
- Market Cap: CN¥100.559b
- Shares outstanding: 4.43b
- Website: https://www.newhopeagri.com
Number of Employees
Location
- New Hope Liuhe Co., Ltd.
- No. 376, Jinshi Road
- Jinjiang Industrial Park
- Chengdu
- Sichuan Province
- 610063
- China
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| 876 | SZSE (Shenzhen Stock Exchange) | Yes | Domestic Shares | CN | CNY | Mar 1998 |
| 876 | XSEC (Shenzhen Stock Exchange - Shenzhen-Hong Kong Stock Connect) | Yes | Domestic Shares | CN | CNY | Mar 1998 |
Biography
New Hope Liuhe Co., Ltd., together with its subsidiaries, engages in feed, breeding, meat products, and financial investment businesses in China, Vietnam, the Philippines, Bangladesh, Indonesia, Sri Lanka,...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/01/18 09:17 |
| End of Day Share Price | 2021/01/18 00:00 |
| Earnings | 2020/09/30 |
| Annual Earnings | 2019/12/31 |
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.