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2891

Yantai China Pet FoodsSZSE:002891 Stock Report

Market Cap

CN¥9.1b

7D

-5.8%

1Y

-13.9%

Updated

25 Oct, 2021

Data

Company Financials +
2891 fundamental analysis
Snowflake Score
Valuation0/6
Future Growth5/6
Past Performance3/6
Financial Health5/6
Dividends0/6

2891 Overview

Yantai China Pet Foods Co., Ltd. produces and sells pet food products in China.

Yantai China Pet Foods Competitors

TDH Holdings

NasdaqCM:PETZ

US$106.5m

Price History & Performance

Summary of all time highs, changes and price drops for Yantai China Pet Foods
Historical stock prices
Current Share PriceCN¥28.85
52 Week HighCN¥26.08
52 Week LowCN¥45.43
Beta0.78
1 Month Change-4.69%
3 Month Change-10.04%
1 Year Change-13.88%
3 Year Change193.45%
5 Year Changen/a
Change since IPO230.49%

Recent News & Updates

Shareholder Returns

2891CN FoodCN Market
7D-5.8%0.9%0.3%
1Y-13.9%-4.9%10.2%

Return vs Industry: 002891 underperformed the CN Food industry which returned -4.9% over the past year.

Return vs Market: 002891 underperformed the CN Market which returned 10.2% over the past year.

Price Volatility

Is 2891's price volatile compared to industry and market?
2891 volatility
2891 Beta0.78
Industry Beta0.73
Market Beta1

Stable Share Price: 002891 is not significantly more volatile than the rest of CN stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: 002891's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19983,003n/ahttps://www.wanpy.com.cn

Yantai China Pet Foods Co., Ltd. produces and sells pet food products in China. It offers treats, wet foods, dry foods, biscuits, dental chews, cat litter, etc. primarily under the Wanpy, Natural farm, Dr

Yantai China Pet Foods Fundamentals Summary

How do Yantai China Pet Foods's earnings and revenue compare to its market cap?
2891 fundamental statistics
Market CapCN¥9.05b
Earnings (TTM)CN¥130.35m
Revenue (TTM)CN¥2.62b

65.1x

P/E Ratio

3.2x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
2891 income statement (TTM)
RevenueCN¥2.62b
Cost of RevenueCN¥2.08b
Gross ProfitCN¥547.52m
ExpensesCN¥417.16m
EarningsCN¥130.35m

Last Reported Earnings

Sep 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.44
Gross Margin20.86%
Net Profit Margin4.97%
Debt/Equity Ratio29.3%

How did 2891 perform over the long term?

See historical performance and comparison

Dividends

0.2%

Current Dividend Yield

11%

Payout Ratio

Valuation

Is Yantai China Pet Foods undervalued compared to its fair value and its price relative to the market?

65.09x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: 002891 (CN¥28.85) is trading above our estimate of fair value (CN¥2.06)

Significantly Below Fair Value: 002891 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 002891 is poor value based on its PE Ratio (65.1x) compared to the CN Food industry average (39x).

PE vs Market: 002891 is poor value based on its PE Ratio (65.1x) compared to the CN market (33.2x).


Price to Earnings Growth Ratio

PEG Ratio: 002891 is poor value based on its PEG Ratio (2.1x)


Price to Book Ratio

PB vs Industry: 002891 is overvalued based on its PB Ratio (4.7x) compared to the CN Food industry average (3.2x).


Future Growth

How is Yantai China Pet Foods forecast to perform in the next 1 to 3 years based on estimates from 10 analysts?

31.7%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 002891's forecast earnings growth (31.7% per year) is above the savings rate (3.3%).

Earnings vs Market: 002891's earnings (31.7% per year) are forecast to grow faster 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: 002891's revenue (22% per year) is forecast to grow faster than the CN market (18.5% per year).

High Growth Revenue: 002891's revenue (22% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: 002891's Return on Equity is forecast to be low in 3 years time (12.6%).


Past Performance

How has Yantai China Pet Foods performed over the past 5 years?

19.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 002891 has high quality earnings.

Growing Profit Margin: 002891's current net profit margins (5%) are lower than last year (6.1%).


Past Earnings Growth Analysis

Earnings Trend: 002891's earnings have grown by 19.7% per year over the past 5 years.

Accelerating Growth: 002891's earnings growth over the past year (1%) is below its 5-year average (19.7% per year).

Earnings vs Industry: 002891 earnings growth over the past year (1%) exceeded the Food industry 0.3%.


Return on Equity

High ROE: 002891's Return on Equity (7.7%) is considered low.


Financial Health

How is Yantai China Pet Foods's financial position?


Financial Position Analysis

Short Term Liabilities: 002891's short term assets (CN¥1.5B) exceed its short term liabilities (CN¥925.4M).

Long Term Liabilities: 002891's short term assets (CN¥1.5B) exceed its long term liabilities (CN¥176.5M).


Debt to Equity History and Analysis

Debt Level: 002891's debt to equity ratio (29.3%) is considered satisfactory.

Reducing Debt: 002891's debt to equity ratio has increased from 20.9% to 29.3% over the past 5 years.

Debt Coverage: 002891's debt is well covered by operating cash flow (47.5%).

Interest Coverage: 002891 earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


Dividend

What is Yantai China Pet Foods's current dividend yield, its reliability and sustainability?

0.16%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 002891's dividend (0.16%) isn’t notable compared to the bottom 25% of dividend payers in the CN market (0.43%).

High Dividend: 002891's dividend (0.16%) is low compared to the top 25% of dividend payers in the CN market (1.9%).


Stability and Growth of Payments

Stable Dividend: 002891 is not paying a notable dividend for the CN market, therefore no need to check if payments are stable.

Growing Dividend: 002891 is not paying a notable dividend for the CN market, therefore no need to check if payments are increasing.


Current Payout to Shareholders

Dividend Coverage: 002891 is not paying a notable dividend for the CN market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 002891'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?


CEO

Yantai China Pet Foods has no CEO, or we have no data on them.


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 9.7%.


Top Shareholders

Company Information

Yantai China Pet Foods Co., Ltd.'s employee growth, exchange listings and data sources


Key Information

  • Name: Yantai China Pet Foods Co., Ltd.
  • Ticker: 2891
  • Exchange: SZSE
  • Founded: 1998
  • Industry: Packaged Foods and Meats
  • Sector: Food, Beverage & Tobacco
  • Market Cap: CN¥9.053b
  • Shares outstanding: 294.11m
  • Website: https://www.wanpy.com.cn

Number of Employees


Location

  • Yantai China Pet Foods Co., Ltd.
  • No. 88, Feilong Road
  • Laishan District
  • Yantai
  • Shandong Province
  • 264003
  • China

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/25 09:03
End of Day Share Price2021/10/25 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.