Tongkun Group Co., Ltd. manufactures and sells polyester filament yarns in China. More Details
+ 1 more risk
Good value with moderate growth potential.
Share Price & News
How has Tongkun Group's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 601233 is more volatile than 75% of CN stocks over the past 3 months, typically moving +/- 8% a week.
Volatility Over Time: 601233's weekly volatility (8%) has been stable over the past year, but is still higher than 75% of CN stocks.
7 Day Return
1 Year Return
Return vs Industry: 601233 exceeded the CN Chemicals industry which returned 40.8% over the past year.
Return vs Market: 601233 exceeded the CN Market which returned 19.1% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Tongkun Group's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Tongkun Group 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: 601233 (CN¥25.67) is trading above our estimate of fair value (CN¥5.1)
Significantly Below Fair Value: 601233 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 601233 is good value based on its PE Ratio (21.2x) compared to the CN Chemicals industry average (36.3x).
PE vs Market: 601233 is good value based on its PE Ratio (21.2x) compared to the CN market (34.7x).
Price to Earnings Growth Ratio
PEG Ratio: 601233 is good value based on its PEG Ratio (0.6x)
Price to Book Ratio
PB vs Industry: 601233 is good value based on its PB Ratio (2.3x) compared to the CN Chemicals industry average (2.8x).
How is Tongkun Group forecast to perform in the next 1 to 3 years based on estimates from 13 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 601233's forecast earnings growth (36.4% per year) is above the savings rate (3.3%).
Earnings vs Market: 601233's earnings (36.4% per year) are forecast to grow faster than the CN market (24.8% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: 601233's revenue (14.7% per year) is forecast to grow slower than the CN market (18.1% per year).
High Growth Revenue: 601233's revenue (14.7% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 601233's Return on Equity is forecast to be low in 3 years time (18.2%).
How has Tongkun Group performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 601233 has a high level of non-cash earnings.
Growing Profit Margin: 601233's current net profit margins (4.8%) are higher than last year (4.3%).
Past Earnings Growth Analysis
Earnings Trend: 601233's earnings have grown significantly by 32.8% per year over the past 5 years.
Accelerating Growth: 601233's earnings growth over the past year (7.7%) is below its 5-year average (32.8% per year).
Earnings vs Industry: 601233 earnings growth over the past year (7.7%) exceeded the Chemicals industry 5.2%.
Return on Equity
High ROE: 601233's Return on Equity (10.8%) is considered low.
How is Tongkun Group's financial position?
Financial Position Analysis
Short Term Liabilities: 601233's short term assets (CN¥11.6B) do not cover its short term liabilities (CN¥16.6B).
Long Term Liabilities: 601233's short term assets (CN¥11.6B) exceed its long term liabilities (CN¥7.4B).
Debt to Equity History and Analysis
Debt Level: 601233's debt to equity ratio (76.6%) is considered high.
Reducing Debt: 601233's debt to equity ratio has increased from 64.3% to 76.6% over the past 5 years.
Debt Coverage: 601233's debt is not well covered by operating cash flow (1%).
Interest Coverage: 601233 earns more interest than it pays, so coverage of interest payments is not a concern.
What is Tongkun Group current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 601233's dividend (0.92%) is higher than the bottom 25% of dividend payers in the CN market (0.4%).
High Dividend: 601233's dividend (0.92%) is low compared to the top 25% of dividend payers in the CN market (1.76%).
Stability and Growth of Payments
Stable Dividend: 601233 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 601233 has only been paying a dividend for 9 years, and since then payments have fallen.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (19.4%), 601233's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: 601233's dividends in 3 years are forecast to be thoroughly covered by earnings (14.1% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Jin Xiang Xu (56 yo)
Mr. Xu Jin Xiang serves as the President at Tongkun Group Co., Ltd. Mr. Xu served as an Executive President of Tongkun Group Co., Ltd. He serves as the Chairman of the Board of Directors at Tongkun Group Z...
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 23.8%.
Tongkun Group Co., Ltd.'s company bio, employee growth, exchange listings and data sources
- Name: Tongkun Group Co., Ltd.
- Ticker: 601233
- Exchange: SHSE
- Founded: 1981
- Industry: Commodity Chemicals
- Sector: Materials
- Market Cap: CN¥58.721b
- Shares outstanding: 2.29b
- Website: https://zjtkgf.com
Number of Employees
- Tongkun Group Co., Ltd.
- Tongxiang Economic Development Zone
- No.199 Guangming Road
- Zhejiang Province
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|601233||SHSE (Shanghai Stock Exchange)||Yes||Domestic Shares||CN||CNY||May 2011|
|601233||XSSC (Shanghai Stock Exchange - Shanghai - Hong Kong Stock Connect)||Yes||Domestic Shares||CN||CNY||May 2011|
Tongkun Group Co., Ltd. manufactures and sells polyester filament yarns in China. The company offers various polyester filament yarns, including polyester pre-oriented, low spamdexed, full draw, and compos...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/03/07 09:15|
|End of Day Share Price||2021/03/05 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.