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Haohua Chemical Science & TechnologySHSE:600378 Stock Report

Market Cap

CN¥33.8b

7D

11.8%

1Y

75.4%

Updated

16 Sep, 2021

Data

Company Financials +
600378 fundamental analysis
Snowflake Score
Valuation0/6
Future Growth1/6
Past Performance3/6
Financial Health5/6
Dividends4/6

600378 Overview

Haohua Chemical Science & Technology Corp., Ltd.

Price History & Performance

Summary of all time highs, changes and price drops for Haohua Chemical Science & Technology
Historical stock prices
Current Share PriceCN¥36.77
52 Week HighCN¥19.00
52 Week LowCN¥39.36
Beta0.45
1 Month Change13.28%
3 Month Change75.93%
1 Year Change75.43%
3 Year Change265.51%
5 Year Change139.54%
Change since IPO245.64%

Recent News & Updates

Shareholder Returns

600378CN ChemicalsCN Market
7D11.8%5.4%-0.7%
1Y75.4%79.5%12.4%

Return vs Industry: 600378 matched the CN Chemicals industry which returned 75.3% over the past year.

Return vs Market: 600378 exceeded the CN Market which returned 11.4% over the past year.

Price Volatility

Is 600378's price volatile compared to industry and market?
600378 volatility
600378 Beta0.45
Industry Beta0.78
Market Beta1

Stable Share Price: 600378 is more volatile than 75% of CN stocks over the past 3 months, typically moving +/- 9% a week.

Volatility Over Time: 600378's weekly volatility (9%) has been stable over the past year, but is still higher than 75% of CN stocks.

About the Company

FoundedEmployeesCEOWebsite
n/a6,878Shourong Lihttps://www.hhkj.chemchina.com

Haohua Chemical Science & Technology Corp., Ltd. researches, develops, produces, supplies, and sells fluorine materials, special gases, special rubber, plastic products, and fine chemicals in China and internationally. The company offers fluoropolymers and fluorinated fine chemical products, including polytetrafluoroethylene resin, fluororubber and fluorine compound rubber, tetrafluoropropanol, perfluoropropylene, tetrafluoroethylene monomer, etc. used in electronic communications, aerospace, petrochemical, automotive, textile, and other industries.

Valuation

Is Haohua Chemical Science & Technology undervalued compared to its fair value and its price relative to the market?

45.53x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: 600378 (CN¥36.77) is trading above our estimate of fair value (CN¥4.09)

Significantly Below Fair Value: 600378 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 600378 is poor value based on its PE Ratio (45.5x) compared to the CN Chemicals industry average (32.9x).

PE vs Market: 600378 is poor value based on its PE Ratio (45.5x) compared to the CN market (33.1x).


Price to Earnings Growth Ratio

PEG Ratio: 600378 is poor value based on its PEG Ratio (3.2x)


Price to Book Ratio

PB vs Industry: 600378 is overvalued based on its PB Ratio (5.1x) compared to the CN Chemicals industry average (3.4x).


Future Growth

How is Haohua Chemical Science & Technology forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

14.1%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 600378's forecast earnings growth (14.1% per year) is above the savings rate (3.3%).

Earnings vs Market: 600378's earnings (14.1% per year) are forecast to grow slower than the CN market (22.5% per year).

High Growth Earnings: 600378's earnings are forecast to grow, but not significantly.

Revenue vs Market: 600378's revenue (8% per year) is forecast to grow slower than the CN market (18.1% per year).

High Growth Revenue: 600378's revenue (8% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: 600378's Return on Equity is forecast to be low in 3 years time (11.8%).


Past Performance

How has Haohua Chemical Science & Technology performed over the past 5 years?

37.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 600378 has high quality earnings.

Growing Profit Margin: 600378's current net profit margins (12%) are higher than last year (11.9%).


Past Earnings Growth Analysis

Earnings Trend: 600378's earnings have grown significantly by 37.2% per year over the past 5 years.

Accelerating Growth: 600378's earnings growth over the past year (23.1%) is below its 5-year average (37.2% per year).

Earnings vs Industry: 600378 earnings growth over the past year (23.1%) underperformed the Chemicals industry 39.7%.


Return on Equity

High ROE: 600378's Return on Equity (11.1%) is considered low.


Financial Health

How is Haohua Chemical Science & Technology's financial position?


Financial Position Analysis

Short Term Liabilities: 600378's short term assets (CN¥5.9B) exceed its short term liabilities (CN¥2.6B).

Long Term Liabilities: 600378's short term assets (CN¥5.9B) exceed its long term liabilities (CN¥1.4B).


Debt to Equity History and Analysis

Debt Level: 600378's debt to equity ratio (10%) is considered satisfactory.

Reducing Debt: Insufficient data to determine if 600378's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: 600378's debt is well covered by operating cash flow (86.7%).

Interest Coverage: 600378 earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


Dividend

What is Haohua Chemical Science & Technology current dividend yield, its reliability and sustainability?

0.67%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 600378's dividend (0.67%) is higher than the bottom 25% of dividend payers in the CN market (0.4%).

High Dividend: 600378's dividend (0.67%) is low compared to the top 25% of dividend payers in the CN market (1.75%).


Stability and Growth of Payments

Stable Dividend: 600378's dividend payments have been volatile in the past 10 years.

Growing Dividend: 600378's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (30%), 600378's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: 600378's dividends in 3 years are forecast to be well covered by earnings (24.3% payout ratio).


Next Steps

Management

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

CN¥1m

CEO Compensation


CEO

Shourong Li

4.42yrs

Tenure

CN¥1,029,800

Compensation

Shourong Li has been General Manager at Haohua Chemical Science & Technology Corp., Ltd. (formerly known as Sichuan Tianyi Science & Technology Co., Ltd.) since April 6, 2017.


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

Haohua Chemical Science & Technology Corp., Ltd.'s employee growth, exchange listings and data sources


Key Information

  • Name: Haohua Chemical Science & Technology Corp., Ltd.
  • Ticker: 600378
  • Exchange: SHSE
  • Founded: NaN
  • Industry: Specialty Chemicals
  • Sector: Materials
  • Market Cap: CN¥33.800b
  • Shares outstanding: 919.23m
  • Website: https://www.hhkj.chemchina.com

Number of Employees


Location

  • Haohua Chemical Science & Technology Corp., Ltd.
  • Chengdu Hi-tech Zone Tech Innovation Ser
  • No. 5, Gao Peng Avenue
  • Chengdu
  • Sichuan Province
  • 610041
  • China

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/16 04:37
End of Day Share Price2021/09/15 00:00
Earnings2021/06/30
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.