Tangshan Sanyou Chemical IndustriesLtd
Market Cap
CN¥19.4b
Last Updated
2020/11/28 09:03 UTC
Data Sources
Company Financials +
Executive Summary
Tangshan Sanyou Chemical Industries Co.,Ltd produces and sells chemical products. More Details
Rewards
Risk Analysis
+ 1 more risk
Snowflake Analysis
Average dividend payer and fair value.
Similar Companies
Share Price & News
How has Tangshan Sanyou Chemical IndustriesLtd's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 600409 is more volatile than 75% of CN stocks over the past 3 months, typically moving +/- 8% a week.
Volatility Over Time: 600409's weekly volatility (8%) has been stable over the past year, but is still higher than 75% of CN stocks.
Market Performance
7 Day Return
1.7%
600409
-1.7%
CN Chemicals
-1.2%
CN Market
1 Year Return
67.9%
600409
45.2%
CN Chemicals
31.5%
CN Market
Return vs Industry: 600409 exceeded the CN Chemicals industry which returned 45.2% over the past year.
Return vs Market: 600409 exceeded the CN Market which returned 31.5% over the past year.
Shareholder returns
| 600409 | Industry | Market | |
|---|---|---|---|
| 7 Day | 1.7% | -1.7% | -1.2% |
| 30 Day | 33.0% | 6.6% | 1.7% |
| 90 Day | 63.5% | 4.4% | -2.8% |
| 1 Year | 73.4%67.9% | 48.0%45.2% | 33.9%31.5% |
| 3 Year | -4.0%-13.0% | 15.7%10.1% | 16.2%10.6% |
| 5 Year | 31.0%15.6% | 3.4%-2.5% | 4.1%-2.8% |
Long-Term Price Volatility Vs. Market
How volatile is Tangshan Sanyou Chemical IndustriesLtd's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Valuation
Is Tangshan Sanyou Chemical IndustriesLtd undervalued compared to its fair value and its price relative to the market?
34.7%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: 600409 (CN¥9.4) is trading below our estimate of fair value (CN¥14.39)
Significantly Below Fair Value: 600409 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 600409 is poor value based on its PE Ratio (103.7x) compared to the CN Chemicals industry average (38.6x).
PE vs Market: 600409 is poor value based on its PE Ratio (103.7x) compared to the CN market (38.6x).
Price to Earnings Growth Ratio
PEG Ratio: 600409 is poor value based on its PEG Ratio (1.8x)
Price to Book Ratio
PB vs Industry: 600409 is good value based on its PB Ratio (1.8x) compared to the CN Chemicals industry average (2.8x).
Next Steps
Future Growth
How is Tangshan Sanyou Chemical IndustriesLtd forecast to perform in the next 1 to 3 years based on estimates from 7 analysts?
56.6%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 600409's forecast earnings growth (56.6% per year) is above the savings rate (3.3%).
Earnings vs Market: 600409's earnings (56.6% per year) are forecast to grow faster than the CN market (24.5% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: 600409's revenue (8.5% per year) is forecast to grow slower than the CN market (18.1% per year).
High Growth Revenue: 600409's revenue (8.5% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 600409's Return on Equity is forecast to be low in 3 years time (9.7%).
Next Steps
Past Performance
How has Tangshan Sanyou Chemical IndustriesLtd performed over the past 5 years?
-2.6%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 600409 has a large one-off gain of CN¥81.5M impacting its September 30 2020 financial results.
Growing Profit Margin: 600409's current net profit margins (1.1%) are lower than last year (2.8%).
Past Earnings Growth Analysis
Earnings Trend: 600409's earnings have declined by 2.6% per year over the past 5 years.
Accelerating Growth: 600409's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 600409 had negative earnings growth (-67.2%) over the past year, making it difficult to compare to the Chemicals industry average (2.5%).
Return on Equity
High ROE: 600409's Return on Equity (1.4%) is considered low.
Next Steps
Financial Health
How is Tangshan Sanyou Chemical IndustriesLtd's financial position?
Financial Position Analysis
Short Term Liabilities: 600409's short term assets (CN¥7.1B) do not cover its short term liabilities (CN¥9.2B).
Long Term Liabilities: 600409's short term assets (CN¥7.1B) exceed its long term liabilities (CN¥3.4B).
Debt to Equity History and Analysis
Debt Level: 600409's debt to equity ratio (65.9%) is considered high.
Reducing Debt: 600409's debt to equity ratio has reduced from 147.1% to 65.9% over the past 5 years.
Debt Coverage: 600409's debt is well covered by operating cash flow (28.5%).
Interest Coverage: 600409's interest payments on its debt are not well covered by EBIT (1.4x coverage).
Balance Sheet
Next Steps
Dividend
What is Tangshan Sanyou Chemical IndustriesLtd current dividend yield, its reliability and sustainability?
1.77%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 600409's dividend (1.77%) is higher than the bottom 25% of dividend payers in the CN market (0.37%).
High Dividend: 600409's dividend (1.77%) is in the top 25% of dividend payers in the CN market (1.65%)
Stability and Growth of Payments
Stable Dividend: 600409's dividend payments have been volatile in the past 10 years.
Growing Dividend: 600409's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (183.2%), 600409's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: 600409's dividends in 3 years are forecast to be well covered by earnings (35.8% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
CN¥2m
CEO Compensation
CEO
Wang Tieying (52 yo)
no data
Tenure
CN¥1,644,300
Compensation
Mr. Tieying Wang serves as General Manager of Tangshan Sanyou Chemical Industries Co.,Ltd. Mr. Tieying served as Deputy General Manager and Head of Sales of Tangshan Sanyou Chlor-alkali Co., Ltd. He served...
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
Tangshan Sanyou Chemical Industries Co.,Ltd's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Tangshan Sanyou Chemical Industries Co.,Ltd
- Ticker: 600409
- Exchange: SHSE
- Founded: 1999
- Industry: Commodity Chemicals
- Sector: Materials
- Market Cap: CN¥19.405b
- Shares outstanding: 2.06b
- Website: https://www.sanyou-chem.com.cn
Number of Employees
Location
- Tangshan Sanyou Chemical Industries Co.,Ltd
- Nanbao Development Zone
- Tangshan
- Hebei Province
- 63305
- China
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| 600409 | SHSE (Shanghai Stock Exchange) | Yes | Domestic Shares | CN | CNY | Jan 2005 |
| 600409 | XSSC (Shanghai Stock Exchange - Shanghai - Hong Kong Stock Connect) | Yes | Domestic Shares | CN | CNY | Jan 2005 |
Biography
Tangshan Sanyou Chemical Industries Co.,Ltd produces and sells chemical products. The company offers soda ash, adhesives, polyvinyl chloride resins, caustic soda, silicones, and salt products, as well as c...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/11/28 09:03 |
| End of Day Share Price | 2020/11/27 00:00 |
| Earnings | 2020/09/30 |
| Annual Earnings | 2019/12/31 |
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.