Hoshine Silicon Industry Co., Ltd. produces and sells silicon-based materials in China and internationally. More Details
High growth potential with adequate balance sheet.
Share Price & News
How has Hoshine Silicon Industry's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 603260 is more volatile than 90% of CN stocks over the past 3 months, typically moving +/- 10% a week.
Volatility Over Time: 603260's weekly volatility (10%) 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: 603260 exceeded the CN Chemicals industry which returned 56.7% over the past year.
Return vs Market: 603260 exceeded the CN Market which returned 26.9% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Hoshine Silicon Industry's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Hoshine Silicon Industry 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: 603260 (CN¥46.6) is trading above our estimate of fair value (CN¥11.42)
Significantly Below Fair Value: 603260 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 603260 is poor value based on its PE Ratio (45.2x) compared to the CN Chemicals industry average (36.4x).
PE vs Market: 603260 is poor value based on its PE Ratio (45.2x) compared to the CN market (34.1x).
Price to Earnings Growth Ratio
PEG Ratio: 603260 is good value based on its PEG Ratio (0.9x)
Price to Book Ratio
PB vs Industry: 603260 is overvalued based on its PB Ratio (4.9x) compared to the CN Chemicals industry average (2.8x).
How is Hoshine Silicon Industry forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 603260's forecast earnings growth (48.9% per year) is above the savings rate (3.3%).
Earnings vs Market: 603260's earnings (48.9% 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: 603260's revenue (29.1% per year) is forecast to grow faster than the CN market (18.3% per year).
High Growth Revenue: 603260's revenue (29.1% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 603260's Return on Equity is forecast to be low in 3 years time (19.3%).
How has Hoshine Silicon Industry performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 603260 has high quality earnings.
Growing Profit Margin: 603260's current net profit margins (11.1%) are lower than last year (15.4%).
Past Earnings Growth Analysis
Earnings Trend: 603260's earnings have grown by 18.1% per year over the past 5 years.
Accelerating Growth: 603260's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 603260 had negative earnings growth (-31.7%) over the past year, making it difficult to compare to the Chemicals industry average (3.6%).
Return on Equity
High ROE: 603260's Return on Equity (10.6%) is considered low.
How is Hoshine Silicon Industry's financial position?
Financial Position Analysis
Short Term Liabilities: 603260's short term assets (CN¥4.0B) do not cover its short term liabilities (CN¥7.5B).
Long Term Liabilities: 603260's short term assets (CN¥4.0B) exceed its long term liabilities (CN¥1.9B).
Debt to Equity History and Analysis
Debt Level: 603260's debt to equity ratio (50.3%) is considered high.
Reducing Debt: 603260's debt to equity ratio has reduced from 71.1% to 50.3% over the past 5 years.
Debt Coverage: 603260's debt is well covered by operating cash flow (39%).
Interest Coverage: 603260's interest payments on its debt are well covered by EBIT (5.2x coverage).
What is Hoshine Silicon Industry current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 603260's dividend (0.49%) is higher than the bottom 25% of dividend payers in the CN market (0.4%).
High Dividend: 603260's dividend (0.49%) is low compared to the top 25% of dividend payers in the CN market (1.8%).
Stability and Growth of Payments
Stable Dividend: 603260 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 603260 has only been paying a dividend for 3 years, and since then payments have fallen.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (22.3%), 603260'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?
Hong Cheng Fang (47 yo)
Mr. Fang Hong Cheng serves as General Manager of Hoshine Silicon Industry Co., Ltd. From 1993 to 2000, Mr. Fang served as Marketing Manager, manage of entire sales unit of Xin'an Chemical Group Zhejiang Ka...
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 not been meaningfully diluted in the past year.
Hoshine Silicon Industry Co., Ltd.'s company bio, employee growth, exchange listings and data sources
- Name: Hoshine Silicon Industry Co., Ltd.
- Ticker: 603260
- Exchange: SHSE
- Founded: 2005
- Industry: Specialty Chemicals
- Sector: Materials
- Market Cap: CN¥43.711b
- Shares outstanding: 938.00m
- Website: https://www.hoshinesilicon.com
Number of Employees
- Hoshine Silicon Industry Co., Ltd.
- No. 530, Yashan West Road
- Zhapu Town
- Zhejiang Province
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|603260||SHSE (Shanghai Stock Exchange)||Yes||Domestic Shares||CN||CNY||Oct 2017|
|603260||XSSC (Shanghai Stock Exchange - Shanghai - Hong Kong Stock Connect)||Yes||Domestic Shares||CN||CNY||Oct 2017|
Hoshine Silicon Industry Co., Ltd. produces and sells silicon-based materials in China and internationally. It offers silicon metals and metal powders; and silicone monomer, intermediate, rubber RTV and HT...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/02/27 09:06|
|End of Day Share Price||2021/02/26 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.