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Shanxi Xinghuacun Fen Wine FactoryLtd XSSC:600809 Stock Report

Last Price

CN¥312.15

Market Cap

CN¥380.8b

7D

3.1%

1Y

0.7%

Updated

03 Jul, 2022

Data

Company Financials +
600809 fundamental analysis
Snowflake Score
Valuation0/6
Future Growth4/6
Past Performance6/6
Financial Health6/6
Dividends4/6

600809 Stock Overview

Shanxi Xinghuacun Fen Wine Factory Co.,Ltd.

Shanxi Xinghuacun Fen Wine FactoryLtd Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Shanxi Xinghuacun Fen Wine FactoryLtd
Historical stock prices
Current Share PriceCN¥312.15
52 Week HighCN¥380.77
52 Week LowCN¥228.68
Beta1.39
1 Month Change15.50%
3 Month Change20.61%
1 Year Change0.72%
3 Year Change509.67%
5 Year Change1,175.94%
Change since IPO2,236.95%

Recent News & Updates

Shareholder Returns

600809CN BeverageCN Market
7D3.1%3.7%1.3%
1Y0.7%-7.7%-6.8%

Return vs Industry: 600809 exceeded the CN Beverage industry which returned -7.7% over the past year.

Return vs Market: 600809 exceeded the CN Market which returned -6.8% over the past year.

Price Volatility

Is 600809's price volatile compared to industry and market?
600809 volatility
600809 Average Weekly Movement6.4%
Beverage Industry Average Movement7.0%
Market Average Movement7.2%
10% most volatile stocks in CN Market10.2%
10% least volatile stocks in CN Market5.0%

Stable Share Price: 600809 is not significantly more volatile than the rest of CN stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: 600809's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
194913,474Zhong Bao Tanhttps://www.fenjiu.com.cn

Shanxi Xinghuacun Fen Wine Factory Co.,Ltd. produces and sells wine in China. The company was formerly known as Shanxi Xinghuacun Fen Win Factory.

Shanxi Xinghuacun Fen Wine FactoryLtd Fundamentals Summary

How do Shanxi Xinghuacun Fen Wine FactoryLtd's earnings and revenue compare to its market cap?
600809 fundamental statistics
Market CapCN¥380.85b
Earnings (TTM)CN¥6.84b
Revenue (TTM)CN¥23.17b

55.7x

P/E Ratio

16.4x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
600809 income statement (TTM)
RevenueCN¥23.17b
Cost of RevenueCN¥5.92b
Gross ProfitCN¥17.25b
Other ExpensesCN¥10.41b
EarningsCN¥6.84b

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)5.61
Gross Margin74.47%
Net Profit Margin29.53%
Debt/Equity Ratio0%

How did 600809 perform over the long term?

See historical performance and comparison

Dividends

0.6%

Current Dividend Yield

32%

Payout Ratio
We’ve recently updated our valuation analysis.

Valuation

Is 600809 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

  • 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 600809?

Other financial metrics that can be useful for relative valuation.

600809 key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue15.8x
Enterprise Value/EBITDA40x
PEG Ratio2.7x

Price to Earnings Ratio vs Peers

How does 600809's PE Ratio compare to its peers?

600809 PE Ratio vs Peers
The above table shows the PE ratio for 600809 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average38.8x
000568 Luzhou LaojiaoLtd
41.2x17.4%CN¥361.4b
002304 Jiangsu Yanghe Brewery
31.7x15.5%CN¥276.0b
000858 Wuliangye YibinLtd
31.4x15.8%CN¥788.0b
000596 Anhui Gujing Distillery
50.3x21.0%CN¥112.1b
600809 Shanxi Xinghuacun Fen Wine FactoryLtd
55.7x20.9%CN¥380.8b

Price-To-Earnings vs Peers: 600809 is expensive based on its Price-To-Earnings Ratio (55.7x) compared to the peer average (38.8x).


Price to Earnings Ratio vs Industry

How does 600809's PE Ratio compare vs other companies in the CN Beverage Industry?

Price-To-Earnings vs Industry: 600809 is expensive based on its Price-To-Earnings Ratio (55.7x) compared to the CN Beverage industry average (46.1x)


Price to Earnings Ratio vs Fair Ratio

What is 600809'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.

600809 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio55.7x
Fair PE Ratio45x

Price-To-Earnings vs Fair Ratio: 600809 is expensive based on its Price-To-Earnings Ratio (55.7x) compared to the estimated Fair Price-To-Earnings Ratio (45x).


Share Price vs Fair Value

What is the Fair Price of 600809 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 600809 (CN¥312.15) is trading above our estimate of fair value (CN¥204.17)

Significantly Below Fair Value: 600809 is trading above our estimate of fair value.


Price to Earnings Growth Ratio

PEG Ratio: 600809 is poor value based on its PEG Ratio (2.7x)


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Future Growth

How is Shanxi Xinghuacun Fen Wine FactoryLtd forecast to perform in the next 1 to 3 years based on estimates from 22 analysts?

Future Growth Score

4/6

Future Growth Score 4/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


20.9%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 600809's forecast earnings growth (20.9% per year) is above the savings rate (3.2%).

Earnings vs Market: 600809's earnings (20.9% per year) are forecast to grow slower than the CN market (23.9% per year).

High Growth Earnings: 600809's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: 600809's revenue (18% per year) is forecast to grow faster than the CN market (17.5% per year).

High Growth Revenue: 600809's revenue (18% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: 600809's Return on Equity is forecast to be high in 3 years time (36.7%)


Discover growth companies

Past Performance

How has Shanxi Xinghuacun Fen Wine FactoryLtd performed over the past 5 years?

Past Performance Score

6/6

Past Performance Score 6/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


40.9%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: 600809 has high quality earnings.

Growing Profit Margin: 600809's current net profit margins (29.5%) are higher than last year (23.5%).


Past Earnings Growth Analysis

Earnings Trend: 600809's earnings have grown significantly by 40.9% per year over the past 5 years.

Accelerating Growth: 600809's earnings growth over the past year (69.6%) exceeds its 5-year average (40.9% per year).

Earnings vs Industry: 600809 earnings growth over the past year (69.6%) exceeded the Beverage industry 18.3%.


Return on Equity

High ROE: 600809's Return on Equity (35.9%) is considered high.


Discover strong past performing companies

Financial Health

How is Shanxi Xinghuacun Fen Wine FactoryLtd's financial position?

Financial Health Score

6/6

Financial Health Score 6/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: 600809's short term assets (CN¥26.3B) exceed its short term liabilities (CN¥11.5B).

Long Term Liabilities: 600809's short term assets (CN¥26.3B) exceed its long term liabilities (CN¥102.4M).


Debt to Equity History and Analysis

Debt Level: 600809 is debt free.

Reducing Debt: 600809 had no debt 5 years ago.

Debt Coverage: 600809 has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: 600809 has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


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Dividend

What is Shanxi Xinghuacun Fen Wine FactoryLtd current dividend yield, its reliability and sustainability?

Dividend Score

4/6

Dividend Score 4/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage


0.58%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: 600809's dividend (0.58%) is higher than the bottom 25% of dividend payers in the CN market (0.48%).

High Dividend: 600809's dividend (0.58%) is low compared to the top 25% of dividend payers in the CN market (1.92%).


Stability and Growth of Payments

Stable Dividend: 600809's dividend payments have been volatile in the past 10 years.

Growing Dividend: 600809's dividend payments have increased over the past 10 years.


Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (32%), 600809's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its low cash payout ratio (20.3%), 600809's dividend payments are well covered by cash flows.


Discover strong dividend paying companies

Management

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

6.2yrs

Average board tenure


CEO

Zhong Bao Tan (58 yo)

no data

Tenure

Mr. Tan Zhong Bao serves as General Manager at Shanxi Xinghuacun Fen Wine Factory Co.,Ltd. Mr. Bao was Chairman of the Board and Vice Chairman at Shanxi Xinghuacun Fen Wine Factory Co.,Ltd. Mr. Bao serves...


Board Members

Experienced Board: 600809's board of directors are considered experienced (6.2 years average tenure).


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

Shanxi Xinghuacun Fen Wine Factory Co.,Ltd.'s employee growth, exchange listings and data sources


Key Information

  • Name: Shanxi Xinghuacun Fen Wine Factory Co.,Ltd.
  • Ticker: 600809
  • Exchange: XSSC
  • Founded: 1949
  • Industry: Distillers and Vintners
  • Sector: Food, Beverage & Tobacco
  • Implied Market Cap: CN¥380.846b
  • Shares outstanding: 1.22b
  • Website: https://www.fenjiu.com.cn

Number of Employees


Location

  • Shanxi Xinghuacun Fen Wine Factory Co.,Ltd.
  • Xinghua Village
  • Fenyang
  • Shanxi Province
  • 32205
  • China

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/07/03 00:00
End of Day Share Price2022/07/01 00:00
Earnings2022/03/31
Annual Earnings2021/12/31


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.