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Guangxi Fenglin Wood Industry GroupLtd SHSE:601996 Stock Report

Last Price

CN¥2.95

Market Cap

CN¥3.3b

7D

1.4%

1Y

-11.4%

Updated

15 Aug, 2022

Data

Company Financials +
601996 fundamental analysis
Snowflake Score
Valuation2/6
Future Growth1/6
Past Performance2/6
Financial Health5/6
Dividends4/6

601996 Stock Overview

Guangxi Fenglin Wood Industry Group Co.,Ltd engages is the production and sale of wood-based panels and afforestation business in China and internationally.

Guangxi Fenglin Wood Industry GroupLtd Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Guangxi Fenglin Wood Industry GroupLtd
Historical stock prices
Current Share PriceCN¥2.95
52 Week HighCN¥4.14
52 Week LowCN¥2.64
Beta0.54
1 Month Change2.43%
3 Month Change-0.34%
1 Year Change-11.41%
3 Year Change0%
5 Year Change-44.55%
Change since IPO-10.81%

Recent News & Updates

Shareholder Returns

601996CN ForestryCN Market
7D1.4%1.0%1.3%
1Y-11.4%-7.9%-9.7%

Return vs Industry: 601996 underperformed the CN Forestry industry which returned -9.3% over the past year.

Return vs Market: 601996 underperformed the CN Market which returned -10.1% over the past year.

Price Volatility

Is 601996's price volatile compared to industry and market?
601996 volatility
601996 Average Weekly Movement3.5%
Forestry Industry Average Movement5.4%
Market Average Movement6.0%
10% most volatile stocks in CN Market9.1%
10% least volatile stocks in CN Market3.9%

Stable Share Price: 601996 is less volatile than 75% of CN stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: 601996's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
20001,127Gaofeng Wanghttps://www.fenglingroup.com

Guangxi Fenglin Wood Industry Group Co.,Ltd engages is the production and sale of wood-based panels and afforestation business in China and internationally. The company was founded in 2000 and is based in Nanning, China.

Guangxi Fenglin Wood Industry GroupLtd Fundamentals Summary

How do Guangxi Fenglin Wood Industry GroupLtd's earnings and revenue compare to its market cap?
601996 fundamental statistics
Market CapCN¥3.31b
Earnings (TTM)CN¥181.53m
Revenue (TTM)CN¥2.05b

18.2x

P/E Ratio

1.6x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
601996 income statement (TTM)
RevenueCN¥2.05b
Cost of RevenueCN¥1.78b
Gross ProfitCN¥273.39m
Other ExpensesCN¥91.87m
EarningsCN¥181.53m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)0.16
Gross Margin13.33%
Net Profit Margin8.85%
Debt/Equity Ratio24.5%

How did 601996 perform over the long term?

See historical performance and comparison

Dividends

2.0%

Current Dividend Yield

37%

Payout Ratio
We’ve recently updated our valuation analysis.

Valuation

Is 601996 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 601996?

Other financial metrics that can be useful for relative valuation.

601996 key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue1.6x
Enterprise Value/EBITDA12x
PEG Ratio1x

Price to Earnings Ratio vs Peers

How does 601996's PE Ratio compare to its peers?

601996 PE Ratio vs Peers
The above table shows the PE ratio for 601996 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average48x
000663 Fujian Yongan Forestry(Group)Ltd
9.3xn/aCN¥3.2b
600189 Jilin Forest Industry
45xn/aCN¥4.9b
600321 Rightway Holdingsltd
128.2xn/aCN¥3.0b
002043 DeHua TB New Decoration MaterialLtd
9.6x17.0%CN¥6.8b
601996 Guangxi Fenglin Wood Industry GroupLtd
18.2x18.6%CN¥3.3b

Price-To-Earnings vs Peers: 601996 is good value based on its Price-To-Earnings Ratio (18.2x) compared to the peer average (48x).


Price to Earnings Ratio vs Industry

How does 601996's PE Ratio compare vs other companies in the CN Forestry Industry?

Price-To-Earnings vs Industry: 601996 is good value based on its Price-To-Earnings Ratio (18.2x) compared to the CN Forestry industry average (24.5x)


Price to Earnings Ratio vs Fair Ratio

What is 601996's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

601996 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio18.2x
Fair PE Ratio17x

Price-To-Earnings vs Fair Ratio: 601996 is expensive based on its Price-To-Earnings Ratio (18.2x) compared to the estimated Fair Price-To-Earnings Ratio (17x).


Share Price vs Fair Value

What is the Fair Price of 601996 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 601996 (CN¥2.95) is trading above our estimate of fair value (CN¥0.59)

Significantly Below Fair Value: 601996 is trading above our estimate of fair value.


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.


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Future Growth

How is Guangxi Fenglin Wood Industry GroupLtd forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

Future Growth Score

1/6

Future Growth Score 1/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


18.6%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 601996's forecast earnings growth (18.6% per year) is above the savings rate (3.2%).

Earnings vs Market: 601996's earnings (18.6% per year) are forecast to grow slower than the CN market (24.5% per year).

High Growth Earnings: 601996's earnings are forecast to grow, but not significantly.

Revenue vs Market: 601996's revenue (17.2% per year) is forecast to grow slower than the CN market (17.7% per year).

High Growth Revenue: 601996's revenue (17.2% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: 601996's Return on Equity is forecast to be low in 3 years time (8.1%).


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Past Performance

How has Guangxi Fenglin Wood Industry GroupLtd performed over the past 5 years?

Past Performance Score

2/6

Past Performance Score 2/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


9.7%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: 601996 has high quality earnings.

Growing Profit Margin: 601996's current net profit margins (8.8%) are lower than last year (10.2%).


Past Earnings Growth Analysis

Earnings Trend: 601996's earnings have grown by 9.7% per year over the past 5 years.

Accelerating Growth: 601996's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 601996 had negative earnings growth (-10.3%) over the past year, making it difficult to compare to the Forestry industry average (-0.6%).


Return on Equity

High ROE: 601996's Return on Equity (6.3%) is considered low.


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Financial Health

How is Guangxi Fenglin Wood Industry GroupLtd's financial position?

Financial Health Score

5/6

Financial Health Score 5/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: 601996's short term assets (CN¥1.8B) exceed its short term liabilities (CN¥711.6M).

Long Term Liabilities: 601996's short term assets (CN¥1.8B) exceed its long term liabilities (CN¥392.5M).


Debt to Equity History and Analysis

Debt Level: 601996 has more cash than its total debt.

Reducing Debt: 601996's debt to equity ratio has increased from 11.8% to 24.5% over the past 5 years.

Debt Coverage: 601996's debt is well covered by operating cash flow (44.2%).

Interest Coverage: 601996 earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


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Dividend

What is Guangxi Fenglin Wood Industry GroupLtd current dividend yield, its reliability and sustainability?

Dividend Score

4/6

Dividend Score 4/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage


2.03%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: 601996's dividend (2.03%) is higher than the bottom 25% of dividend payers in the CN market (0.45%).

High Dividend: 601996's dividend (2.03%) is in the top 25% of dividend payers in the CN market (1.88%)


Stability and Growth of Payments

Stable Dividend: 601996's dividend payments have been volatile in the past 10 years.

Growing Dividend: 601996's dividend payments have increased over the past 10 years.


Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (37.1%), 601996's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: 601996 is paying a dividend but the company has no free cash flows.


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Management

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

4.3yrs

Average management tenure


CEO

Gaofeng Wang (65 yo)

5.92yrs

Tenure

CN¥2,002,000

Compensation

Mr. Gaofeng Wang serves as the General Manager of Guangxi Fenglin Wood Industry Group Co., Ltd. since September 20, 2016 and serves as Director since September 19, 2016. Mr. Wang is a Professorate senior e...


Leadership Team

Experienced Management: 601996's management team is considered experienced (4.3 years average tenure).


Board Members

Experienced Board: 601996's board of directors are considered experienced (3.5 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

Guangxi Fenglin Wood Industry Group Co.,Ltd's employee growth, exchange listings and data sources


Key Information

  • Name: Guangxi Fenglin Wood Industry Group Co.,Ltd
  • Ticker: 601996
  • Exchange: SHSE
  • Founded: 2000
  • Industry: Forest Products
  • Sector: Materials
  • Implied Market Cap: CN¥3.307b
  • Shares outstanding: 1.12b
  • Website: https://www.fenglingroup.com

Number of Employees


Location

  • Guangxi Fenglin Wood Industry Group Co.,Ltd
  • No. 1233, Yinhai Avenue
  • Liangqing District
  • Nanning
  • Guangxi Zhuang Province
  • 530031
  • China

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/08/15 00:00
End of Day Share Price2022/08/15 00:00
Earnings2022/03/31
Annual Earnings2021/12/31


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.