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Jiangsu Yangnong ChemicalSHSE:600486 Stock Report

Market Cap

CN¥34.4b

7D

-4.5%

1Y

22.3%

Updated

28 Sep, 2021

Data

Company Financials +
600486 fundamental analysis
Snowflake Score
Valuation4/6
Future Growth3/6
Past Performance2/6
Financial Health5/6
Dividends4/6

600486 Overview

Jiangsu Yangnong Chemical Co., Ltd. produces and sells pesticides in China.

Jiangsu Yangnong Chemical Competitors

ADAMA

SZSE:000553

CN¥22.5b

Shandong Weifang Rainbow Chemical

SZSE:301035

CN¥13.1b

Nanjing Red SunLtd

SZSE:000525

CN¥3.5b

BASF

XTRA:BAS

€59.4b

Price History & Performance

Summary of all time highs, changes and price drops for Jiangsu Yangnong Chemical
Historical stock prices
Current Share PriceCN¥108.09
52 Week HighCN¥80.30
52 Week LowCN¥169.68
Beta0.79
1 Month Change-9.90%
3 Month Change-3.29%
1 Year Change22.34%
3 Year Change133.15%
5 Year Change244.35%
Change since IPO1,386.95%

Recent News & Updates

Shareholder Returns

600486CN ChemicalsCN Market
7D-4.5%-9.5%-1.2%
1Y22.3%66.0%12.6%

Return vs Industry: 600486 underperformed the CN Chemicals industry which returned 66% over the past year.

Return vs Market: 600486 exceeded the CN Market which returned 12.6% over the past year.

Price Volatility

Is 600486's price volatile compared to industry and market?
600486 volatility
600486 Beta0.79
Industry Beta0.78
Market Beta1

Stable Share Price: 600486 is not significantly more volatile than the rest of CN stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: 600486's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19993,117Qi Kui Zhouhttps://www.yangnongchem.com

Jiangsu Yangnong Chemical Co., Ltd. produces and sells pesticides in China. It provides pyrethroids for use in health and agricultural applications. The company also exports its products.

Jiangsu Yangnong Chemical Fundamentals Summary


Earnings & Revenue

Key profitability statistics from the latest earnings report
600486 income statement (TTM)
RevenueCN¥10.60b
Cost of RevenueCN¥8.01b
Gross ProfitCN¥2.59b
ExpensesCN¥1.41b
EarningsCN¥1.17b

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)3.79
Gross Margin24.43%
Net Profit Margin11.08%
Debt/Equity Ratio19.2%

How did 600486 perform over the long term?

See historical performance and comparison

Dividends

0.6%

Current Dividend Yield

17%

Payout Ratio

Valuation

Is Jiangsu Yangnong 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: 600486 (CN¥108.09) is trading below our estimate of fair value (CN¥318.73)

Significantly Below Fair Value: 600486 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 600486 is good value based on its PE Ratio (28.5x) compared to the CN Chemicals industry average (31.6x).

PE vs Market: 600486 is good value based on its PE Ratio (28.5x) compared to the CN market (33.5x).


Price to Earnings Growth Ratio

PEG Ratio: 600486 is poor value based on its PEG Ratio (1.3x)


Price to Book Ratio

PB vs Industry: 600486 is overvalued based on its PB Ratio (5.1x) compared to the CN Chemicals industry average (3.2x).


Future Growth

How is Jiangsu Yangnong Chemical forecast to perform in the next 1 to 3 years based on estimates from 14 analysts?

21.2%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 600486's forecast earnings growth (21.2% per year) is above the savings rate (3.3%).

Earnings vs Market: 600486's earnings (21.2% per year) are forecast to grow slower than the CN market (23% per year).

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

Revenue vs Market: 600486's revenue (15.2% per year) is forecast to grow slower than the CN market (18.2% per year).

High Growth Revenue: 600486's revenue (15.2% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: 600486's Return on Equity is forecast to be high in 3 years time (21.2%)


Past Performance

How has Jiangsu Yangnong Chemical performed over the past 5 years?

21.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 600486 has high quality earnings.

Growing Profit Margin: 600486's current net profit margins (11.1%) are lower than last year (12.2%).


Past Earnings Growth Analysis

Earnings Trend: 600486's earnings have grown significantly by 21% per year over the past 5 years.

Accelerating Growth: 600486's earnings growth over the past year (2.5%) is below its 5-year average (21% per year).

Earnings vs Industry: 600486 earnings growth over the past year (2.5%) underperformed the Chemicals industry 35.8%.


Return on Equity

High ROE: 600486's Return on Equity (18%) is considered low.


Financial Health

How is Jiangsu Yangnong Chemical's financial position?


Financial Position Analysis

Short Term Liabilities: 600486's short term assets (CN¥7.7B) exceed its short term liabilities (CN¥4.6B).

Long Term Liabilities: 600486's short term assets (CN¥7.7B) exceed its long term liabilities (CN¥1.2B).


Debt to Equity History and Analysis

Debt Level: 600486's debt to equity ratio (19.2%) is considered satisfactory.

Reducing Debt: 600486's debt to equity ratio has increased from 0.09% to 19.2% over the past 5 years.

Debt Coverage: 600486's debt is well covered by operating cash flow (132.6%).

Interest Coverage: 600486's interest payments on its debt are well covered by EBIT (105x coverage).


Balance Sheet


Dividend

What is Jiangsu Yangnong Chemical current dividend yield, its reliability and sustainability?

0.60%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 600486's dividend (0.6%) is higher than the bottom 25% of dividend payers in the CN market (0.43%).

High Dividend: 600486's dividend (0.6%) is low compared to the top 25% of dividend payers in the CN market (1.84%).


Stability and Growth of Payments

Stable Dividend: 600486's dividend payments have been volatile in the past 10 years.

Growing Dividend: 600486's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (17.2%), 600486's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: 600486's dividends in 3 years are forecast to be well covered by earnings (22% payout ratio).


Next Steps

Management

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

13.6yrs

Average management tenure


CEO

Qi Kui Zhou (57 yo)

8.58yrs

Tenure

CN¥1,730,000

Compensation

Mr. Qi Kui Zhou has been General Manager at Jiangsu Yangnong Chemical Co.,Ltd. since February 6, 2013 and served as its head of leadership group for implementation of internal control. Mr. Zhou served as...


Leadership Team

Experienced Management: 600486's management team is seasoned and experienced (13.6 years average tenure).


Board Members

Experienced Board: 600486's board of directors are considered experienced (8.6 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

Jiangsu Yangnong Chemical Co., Ltd.'s employee growth, exchange listings and data sources


Key Information

  • Name: Jiangsu Yangnong Chemical Co., Ltd.
  • Ticker: 600486
  • Exchange: SHSE
  • Founded: 1999
  • Industry: Fertilizers and Agricultural Chemicals
  • Sector: Materials
  • Market Cap: CN¥34.436b
  • Shares outstanding: 309.90m
  • Website: https://www.yangnongchem.com

Number of Employees


Location

  • Jiangsu Yangnong Chemical Co., Ltd.
  • No. 39, Wenfeng Road
  • Yangzhou
  • Jiangsu Province
  • 225009
  • China

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/28 09:03
End of Day Share Price2021/09/28 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.