Shandong Hualu-Hengsheng Chemical
Market Cap
CN¥57.7b
Last Updated
2021/04/11 09:17 UTC
Data Sources
Company Financials +
Executive Summary
Shandong Hualu-Hengsheng Chemical Co., Ltd. More Details
Rewards
Risk Analysis
Snowflake Analysis
Excellent balance sheet, good value and pays a dividend.
Share Price & News
How has Shandong Hualu-Hengsheng Chemical's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 600426 is more volatile than 75% of CN stocks over the past 3 months, typically moving +/- 8% a week.
Volatility Over Time: 600426'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
-5.7%
600426
0.07%
CN Chemicals
-1.1%
CN Market
1 Year Return
116.3%
600426
54.6%
CN Chemicals
28.4%
CN Market
Return vs Industry: 600426 exceeded the CN Chemicals industry which returned 54.6% over the past year.
Return vs Market: 600426 exceeded the CN Market which returned 28.4% over the past year.
Shareholder returns
| 600426 | Industry | Market | |
|---|---|---|---|
| 7 Day | -5.7% | 0.07% | -1.1% |
| 30 Day | -5.1% | -0.5% | 1.0% |
| 90 Day | -18.3% | 0.5% | -5.8% |
| 1 Year | 120.3%116.3% | 56.9%54.6% | 30.4%28.4% |
| 3 Year | 120.4%111.8% | 23.5%18.5% | 25.9%19.9% |
| 5 Year | 409.8%382.4% | 33.0%25.4% | 23.6%15.5% |
Long-Term Price Volatility Vs. Market
How volatile is Shandong Hualu-Hengsheng Chemical's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Valuation
Is Shandong Hualu-Hengsheng Chemical undervalued compared to its fair value and its price relative to the market?
>50%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: 600426 (CN¥35.48) is trading below our estimate of fair value (CN¥72.81)
Significantly Below Fair Value: 600426 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 600426 is good value based on its PE Ratio (32.1x) compared to the CN Chemicals industry average (34.8x).
PE vs Market: 600426 is good value based on its PE Ratio (32.1x) compared to the CN market (33.9x).
Price to Earnings Growth Ratio
PEG Ratio: 600426 is poor value based on its PEG Ratio (1.2x)
Price to Book Ratio
PB vs Industry: 600426 is overvalued based on its PB Ratio (3.7x) compared to the CN Chemicals industry average (2.8x).
Future Growth
How is Shandong Hualu-Hengsheng Chemical forecast to perform in the next 1 to 3 years based on estimates from 12 analysts?
26.3%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 600426's forecast earnings growth (26.3% per year) is above the savings rate (3.3%).
Earnings vs Market: 600426's earnings (26.3% 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: 600426's revenue (16.2% per year) is forecast to grow slower than the CN market (17.9% per year).
High Growth Revenue: 600426's revenue (16.2% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 600426's Return on Equity is forecast to be low in 3 years time (17.6%).
Past Performance
How has Shandong Hualu-Hengsheng Chemical performed over the past 5 years?
21.1%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 600426 has high quality earnings.
Growing Profit Margin: 600426's current net profit margins (13.7%) are lower than last year (17.3%).
Past Earnings Growth Analysis
Earnings Trend: 600426's earnings have grown significantly by 21.1% per year over the past 5 years.
Accelerating Growth: 600426's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 600426 had negative earnings growth (-26.6%) over the past year, making it difficult to compare to the Chemicals industry average (10%).
Return on Equity
High ROE: 600426's Return on Equity (11.5%) is considered low.
Financial Health
How is Shandong Hualu-Hengsheng Chemical's financial position?
Financial Position Analysis
Short Term Liabilities: 600426's short term assets (CN¥3.3B) do not cover its short term liabilities (CN¥3.7B).
Long Term Liabilities: 600426's short term assets (CN¥3.3B) exceed its long term liabilities (CN¥1.2B).
Debt to Equity History and Analysis
Debt Level: 600426's debt to equity ratio (15.5%) is considered satisfactory.
Reducing Debt: 600426's debt to equity ratio has reduced from 42.3% to 15.5% over the past 5 years.
Debt Coverage: 600426's debt is well covered by operating cash flow (123.6%).
Interest Coverage: 600426's interest payments on its debt are well covered by EBIT (43.7x coverage).
Balance Sheet
Dividend
What is Shandong Hualu-Hengsheng Chemical current dividend yield, its reliability and sustainability?
0.84%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 600426's dividend (0.85%) is higher than the bottom 25% of dividend payers in the CN market (0.43%).
High Dividend: 600426's dividend (0.85%) is low compared to the top 25% of dividend payers in the CN market (1.81%).
Stability and Growth of Payments
Stable Dividend: 600426's dividend payments have been volatile in the past 10 years.
Growing Dividend: 600426's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (27.1%), 600426's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: 600426's dividends in 3 years are forecast to be well covered by earnings (25.6% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
9.0yrs
Average management tenure
CEO
Huai Chun Chang (51 yo)
10.33yrs
Tenure
Mr. Huai Chun Chang has been General Manager of Shandong Hualu Hengsheng Chemical Co. Ltd. since December 2010 and served as its President. Mr. Chang has been the Chairman of Shandong Hualu Hengsheng Chemi...
Leadership Team
Experienced Management: 600426's management team is seasoned and experienced (9 years average tenure).
Board Members
Experienced Board: 600426's board of directors are considered experienced (6 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
Shandong Hualu-Hengsheng Chemical Co., Ltd.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Shandong Hualu-Hengsheng Chemical Co., Ltd.
- Ticker: 600426
- Exchange: SHSE
- Founded: 2000
- Industry: Fertilizers and Agricultural Chemicals
- Sector: Materials
- Market Cap: CN¥57.714b
- Shares outstanding: 1.63b
- Website: https://www.hl-hengsheng.com
Number of Employees
Location
- Shandong Hualu-Hengsheng Chemical Co., Ltd.
- 24 West Tianqu Road
- Decheng District
- Dezhou
- Shandong Province
- 253024
- China
Listings
Biography
Shandong Hualu-Hengsheng Chemical Co., Ltd. manufactures and sells chemical products worldwide. The company offers ammonia alcohol, compound fertilizers, water-soluble fertilizers, mixed methylamine, aceti...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/04/11 09:17 |
| End of Day Share Price | 2021/04/09 00:00 |
| Earnings | 2020/12/31 |
| Annual Earnings | 2020/12/31 |
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.