Haohua Chemical Science & Technology Corp., Ltd.
Price History & Performance
|Historical stock prices|
|Current Share Price||CN¥36.77|
|52 Week High||CN¥19.00|
|52 Week Low||CN¥39.36|
|1 Month Change||13.28%|
|3 Month Change||75.93%|
|1 Year Change||75.43%|
|3 Year Change||265.51%|
|5 Year Change||139.54%|
|Change since IPO||245.64%|
Recent News & Updates
|600378||CN Chemicals||CN Market|
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.
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
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.
Is Haohua Chemical Science & Technology undervalued compared to its fair value and its price relative to the market?
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).
How is Haohua Chemical Science & Technology forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
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%).
How has Haohua Chemical Science & Technology performed over the past 5 years?
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.
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.
What is Haohua Chemical Science & Technology current dividend yield, its reliability and sustainability?
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).
How experienced are the management team and are they aligned to shareholders interests?
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.
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Haohua Chemical Science & Technology Corp., Ltd.'s employee growth, exchange listings and data sources
- 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
- Haohua Chemical Science & Technology Corp., Ltd.
- Chengdu Hi-tech Zone Tech Innovation Ser
- No. 5, Gao Peng Avenue
- Sichuan Province
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/09/16 04:37|
|End of Day Share Price||2021/09/15 00:00|
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.