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998

Yuan Long Ping High-Tech AgricultureSZSE:000998 Stock Report

Last Price

CN¥18.96

Market Cap

CN¥24.5b

7D

-6.4%

1Y

3.9%

Updated

26 Jan, 2022

Data

Company Financials +
998 fundamental analysis
Snowflake Score
Valuation0/6
Future Growth3/6
Past Performance1/6
Financial Health3/6
Dividends0/6

998 Stock Overview

Yuan Long Ping High-Tech Agriculture Co., Ltd.

Yuan Long Ping High-Tech Agriculture Competitors

BASF

XTRA:BAS

€61.7b

Bayer

XTRA:BAYN

€50.6b

DuPont de Nemours

NYSE:DD

US$39.8b

KWS SAAT SE KGaA

XTRA:KWS

€2.3b

Price History & Performance

Summary of all time highs, changes and price drops for Yuan Long Ping High-Tech Agriculture
Historical stock prices
Current Share PriceCN¥18.96
52 Week HighCN¥27.55
52 Week LowCN¥15.04
Beta-0.092
1 Month Change-22.14%
3 Month Change-9.67%
1 Year Change3.95%
3 Year Change50.24%
5 Year Change-6.32%
Change since IPO197.57%

Recent News & Updates

Shareholder Returns

998CN FoodCN Market
7D-6.4%-4.9%-4.6%
1Y3.9%-27.3%-4.4%

Return vs Industry: 000998 exceeded the CN Food industry which returned -27.3% over the past year.

Return vs Market: 000998 exceeded the CN Market which returned -4.4% over the past year.

Price Volatility

Is 998's price volatile compared to industry and market?
998 volatility
998 Average Weekly Movement6.7%
Food Industry Average Movement5.8%
Market Average Movement6.1%
10% most volatile stocks in CN Market9.6%
10% least volatile stocks in CN Market3.6%

Stable Share Price: 000998 is not significantly more volatile than the rest of CN stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: 000998's weekly volatility (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19992,763Cuimeng Liaohttps://www.lpht.com.cn

Yuan Long Ping High-Tech Agriculture Co., Ltd. engages in producing, processing, packaging, cultivating, breeding, promoting, and selling crop seeds and seedlings in China. The company primarily offers rice, corn, vegetables, cotton, wheat, rape, and other seeds; develops, promotes, and sells pesticides and fertilizers; processes and sells agricultural and sideline products; and provides agricultural high-tech development, agricultural technology consulting, and training services.

Yuan Long Ping High-Tech Agriculture Fundamentals Summary

How do Yuan Long Ping High-Tech Agriculture's earnings and revenue compare to its market cap?
998 fundamental statistics
Market CapCN¥24.53b
Earnings (TTM)CN¥157.35m
Revenue (TTM)CN¥3.17b

155.9x

P/E Ratio

7.7x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
998 income statement (TTM)
RevenueCN¥3.17b
Cost of RevenueCN¥2.15b
Gross ProfitCN¥1.02b
ExpensesCN¥865.60m
EarningsCN¥157.35m

Last Reported Earnings

Sep 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.12
Gross Margin32.23%
Net Profit Margin4.96%
Debt/Equity Ratio91.4%

How did 998 perform over the long term?

See historical performance and comparison

Valuation

Is Yuan Long Ping High-Tech Agriculture undervalued compared to its fair value and its price relative to the market?

155.92x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: 000998 (CN¥18.96) is trading above our estimate of fair value (CN¥17.04)

Significantly Below Fair Value: 000998 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 000998 is poor value based on its PE Ratio (155.9x) compared to the CN Food industry average (36.8x).

PE vs Market: 000998 is poor value based on its PE Ratio (155.9x) compared to the CN market (34.4x).


Price to Earnings Growth Ratio

PEG Ratio: 000998 is poor value based on its PEG Ratio (2.3x)


Price to Book Ratio

PB vs Industry: 000998 is overvalued based on its PB Ratio (4.7x) compared to the CN Food industry average (3.3x).


Future Growth

How is Yuan Long Ping High-Tech Agriculture forecast to perform in the next 1 to 3 years based on estimates from 7 analysts?

67.0%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 000998's forecast earnings growth (67% per year) is above the savings rate (3.3%).

Earnings vs Market: 000998's earnings (67% per year) are forecast to grow faster than the CN market (25% per year).

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

Revenue vs Market: 000998's revenue (16.9% per year) is forecast to grow slower than the CN market (18.6% per year).

High Growth Revenue: 000998'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: 000998's Return on Equity is forecast to be low in 3 years time (10.9%).


Past Performance

How has Yuan Long Ping High-Tech Agriculture performed over the past 5 years?

-35.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 000998 has a large one-off loss of CN¥289.6M impacting its September 30 2021 financial results.

Growing Profit Margin: 000998 became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: 000998's earnings have declined by 35% per year over the past 5 years.

Accelerating Growth: 000998 has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: 000998 has become profitable in the last year, making it difficult to compare its past year earnings growth to the Food industry (-1.2%).


Return on Equity

High ROE: 000998's Return on Equity (4.3%) is considered low.


Financial Health

How is Yuan Long Ping High-Tech Agriculture's financial position?


Financial Position Analysis

Short Term Liabilities: 000998's short term assets (CN¥6.2B) do not cover its short term liabilities (CN¥6.6B).

Long Term Liabilities: 000998's short term assets (CN¥6.2B) exceed its long term liabilities (CN¥1.6B).


Debt to Equity History and Analysis

Debt Level: 000998's net debt to equity ratio (68.2%) is considered high.

Reducing Debt: 000998's debt to equity ratio has increased from 23.9% to 91.4% over the past 5 years.

Debt Coverage: 000998's debt is well covered by operating cash flow (23.4%).

Interest Coverage: 000998 earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


Dividend

What is Yuan Long Ping High-Tech Agriculture current dividend yield, its reliability and sustainability?

0.83%

Forecast Dividend Yield


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 000998's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 000998'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 000998's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 000998's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: 000998 is not paying a notable dividend for the CN market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 000998'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?

2.9yrs

Average board tenure


CEO

Cuimeng Liao (56 yo)

no data

Tenure

CN¥676,000

Compensation

Mr. Cuimeng Liao serves as the President of Yuan Longping High-tech Agriculture Co., Ltd. Mr. Liao serves as the General Manager of Hunan Longping High-tech Nongping Seed Company. He served as the Chief Ex...


Board Members

Experienced Board: 000998's board of directors are not considered experienced ( 2.9 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 not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Yuan Long Ping High-Tech Agriculture Co., Ltd.'s employee growth, exchange listings and data sources


Key Information

  • Name: Yuan Long Ping High-Tech Agriculture Co., Ltd.
  • Ticker: 998
  • Exchange: SZSE
  • Founded: 1999
  • Industry: Agricultural Products
  • Sector: Food, Beverage & Tobacco
  • Implied Market Cap: CN¥24.534b
  • Shares outstanding: 1.29b
  • Website: https://www.lpht.com.cn

Number of Employees


Location

  • Yuan Long Ping High-Tech Agriculture Co., Ltd.
  • Securities Building
  • 9th Floor
  • Changsha
  • Hunan Province
  • China

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/01/26 15:41
End of Day Share Price2022/01/26 00:00
Earnings2021/09/30
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.