Xinjiang Joinworld Co., Ltd. engages in the production and sale of aluminum and aluminum products in China and internationally.
Price History & Performance
|Historical stock prices|
|Current Share Price||CN¥10.90|
|52 Week High||CN¥5.16|
|52 Week Low||CN¥11.80|
|1 Month Change||18.74%|
|3 Month Change||104.12%|
|1 Year Change||108.41%|
|3 Year Change||110.83%|
|5 Year Change||87.93%|
|Change since IPO||792.05%|
Recent News & Updates
|600888||CN Metals and Mining||CN Market|
Return vs Industry: 600888 exceeded the CN Metals and Mining industry which returned 87.8% over the past year.
Return vs Market: 600888 exceeded the CN Market which returned 12.4% over the past year.
Stable Share Price: 600888 is more volatile than 75% of CN stocks over the past 3 months, typically moving +/- 10% a week.
Volatility Over Time: 600888's weekly volatility (10%) has been stable over the past year, but is still higher than 75% of CN stocks.
About the Company
Xinjiang Joinworld Co., Ltd. engages in the production and sale of aluminum and aluminum products in China and internationally. It also provides electronic aluminum foil, electrode foil, and other electronic component raw materials, as well as aluminum alloys. The company’s aluminum is used in electronic aluminum foil, electronic conductive needle wire, alumina powder, aviation aluminum alloy, and target materials, as well as other fields of electronics, aerospace, and integrated circuits; electronic aluminum foil is used for the production of electrode foil; electrode foil is used for the production of aluminum electrolytic capacitors; and aluminum alloy is used in electronic consumer products, energy-saving wires, automobile engines, automobile decoration, architectural decoration and other electronics, electricity, transportation, and construction related field.
Is Xinjiang JoinworldLtd 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: 600888 (CN¥10.9) is trading above our estimate of fair value (CN¥7.37)
Significantly Below Fair Value: 600888 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 600888 is good value based on its PE Ratio (26.8x) compared to the CN Metals and Mining industry average (34.4x).
PE vs Market: 600888 is good value based on its PE Ratio (26.8x) compared to the CN market (35.4x).
Price to Earnings Growth Ratio
PEG Ratio: 600888 is good value based on its PEG Ratio (1x)
Price to Book Ratio
PB vs Industry: 600888 is good value based on its PB Ratio (2.3x) compared to the CN Metals and Mining industry average (3.3x).
How is Xinjiang JoinworldLtd forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 600888's forecast earnings growth (28.1% per year) is above the savings rate (3.3%).
Earnings vs Market: 600888's earnings (28.1% per year) are forecast to grow faster than the CN market (22.8% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: 600888's revenue (9.4% per year) is forecast to grow slower than the CN market (18.1% per year).
High Growth Revenue: 600888's revenue (9.4% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 600888's Return on Equity is forecast to be low in 3 years time (19.8%).
How has Xinjiang JoinworldLtd performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 600888 has high quality earnings.
Growing Profit Margin: 600888's current net profit margins (7.3%) are higher than last year (3.8%).
Past Earnings Growth Analysis
Earnings Trend: 600888's earnings have grown significantly by 40.9% per year over the past 5 years.
Accelerating Growth: 600888's earnings growth over the past year (193%) exceeds its 5-year average (40.9% per year).
Earnings vs Industry: 600888 earnings growth over the past year (193%) exceeded the Metals and Mining industry 56.1%.
Return on Equity
High ROE: 600888's Return on Equity (8.6%) is considered low.
How is Xinjiang JoinworldLtd's financial position?
Financial Position Analysis
Short Term Liabilities: 600888's short term assets (CN¥6.0B) exceed its short term liabilities (CN¥2.7B).
Long Term Liabilities: 600888's short term assets (CN¥6.0B) exceed its long term liabilities (CN¥3.9B).
Debt to Equity History and Analysis
Debt Level: 600888's debt to equity ratio (71.3%) is considered high.
Reducing Debt: 600888's debt to equity ratio has reduced from 123.7% to 71.3% over the past 5 years.
Debt Coverage: 600888's debt is not well covered by operating cash flow (11.2%).
Interest Coverage: 600888 earns more interest than it pays, so coverage of interest payments is not a concern.
What is Xinjiang JoinworldLtd current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 600888's dividend (1.01%) is higher than the bottom 25% of dividend payers in the CN market (0.4%).
High Dividend: 600888's dividend (1.01%) is low compared to the top 25% of dividend payers in the CN market (1.75%).
Stability and Growth of Payments
Stable Dividend: 600888's dividend payments have been volatile in the past 10 years.
Growing Dividend: 600888's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (22.2%), 600888's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Mr. Jian Sun serves as the Chairman and General Manager of Xinjiang Joinworld Co.,Ltd.
Experienced Board: 600888's board of directors are considered experienced (9.3 years average tenure).
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 been diluted in the past year, with total shares outstanding growing by 29.4%.
Xinjiang Joinworld Co.,Ltd.'s employee growth, exchange listings and data sources
- Name: Xinjiang Joinworld Co.,Ltd.
- Ticker: 600888
- Exchange: SHSE
- Founded: 1958
- Industry: Aluminum
- Sector: Materials
- Market Cap: CN¥14.455b
- Shares outstanding: 1.33b
- Website: https://www.joinworld.com
Number of Employees
- Xinjiang Joinworld Co.,Ltd.
- No.18, Kashi East Road
- High-tech Zone
- Xinjiang Uygur Province
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/09/16 15:30|
|End of Day Share Price||2021/09/16 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.