603330 Stock Overview
Shanghai Tianyang Hot Melt Adhesives Co., Ltd.
Shanghai Tianyang Hot Melt Adhesives Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||CN¥15.28|
|52 Week High||CN¥16.49|
|52 Week Low||CN¥7.37|
|1 Month Change||27.97%|
|3 Month Change||74.91%|
|1 Year Change||33.45%|
|3 Year Change||198.64%|
|5 Year Change||93.43%|
|Change since IPO||191.37%|
Recent News & Updates
|603330||CN Chemicals||CN Market|
Return vs Industry: 603330 exceeded the CN Chemicals industry which returned -9.4% over the past year.
Return vs Market: 603330 exceeded the CN Market which returned -10.1% over the past year.
|603330 Average Weekly Movement||8.6%|
|Chemicals Industry Average Movement||6.2%|
|Market Average Movement||6.0%|
|10% most volatile stocks in CN Market||9.1%|
|10% least volatile stocks in CN Market||3.9%|
Stable Share Price: 603330 is more volatile than 75% of CN stocks over the past 3 months, typically moving +/- 9% a week.
Volatility Over Time: 603330's weekly volatility (9%) has been stable over the past year, but is still higher than 75% of CN stocks.
About the Company
Shanghai Tianyang Hot Melt Adhesives Co., Ltd. engages in the manufacture and sale of thermoplastic and reactive adhesive materials in China and internationally. It offers copolyester and copolyamide powders; modified polyamide materials; web, film, and PUR adhesives; solar encapsulation films; and electronic adhesives.
Shanghai Tianyang Hot Melt Adhesives Fundamentals Summary
|603330 fundamental statistics|
Is 603330 overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|603330 income statement (TTM)|
|Cost of Revenue||CN¥907.62m|
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
|Earnings per share (EPS)||0.28|
|Net Profit Margin||7.96%|
How did 603330 perform over the long term?See historical performance and comparison
0.6%Current Dividend Yield
Is 603330 undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 0/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for 603330?
Other financial metrics that can be useful for relative valuation.
|What is 603330's n/a Ratio?|
Price to Earnings Ratio vs Peers
How does 603330's PE Ratio compare to its peers?
|603330 PE Ratio vs Peers|
|Company||PE||Estimated Growth||Market Cap|
603822 Zhejiang Jiaao Enprotech Stock
300305 Jiangsu Yuxing Film Technology
000949 Xinxiang Chemical Fiber
300566 Ningbo Exciton Technology
603330 Shanghai Tianyang Hot Melt Adhesives
Price-To-Earnings vs Peers: 603330 is expensive based on its Price-To-Earnings Ratio (55x) compared to the peer average (28.6x).
Price to Earnings Ratio vs Industry
How does 603330's PE Ratio compare vs other companies in the CN Chemicals Industry?
Price-To-Earnings vs Industry: 603330 is expensive based on its Price-To-Earnings Ratio (55x) compared to the CN Chemicals industry average (30x)
Price to Earnings Ratio vs Fair Ratio
What is 603330'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.
|Current PE Ratio||55x|
|Fair PE Ratio||44.8x|
Price-To-Earnings vs Fair Ratio: 603330 is expensive based on its Price-To-Earnings Ratio (55x) compared to the estimated Fair Price-To-Earnings Ratio (44.8x).
Share Price vs Fair Value
What is the Fair Price of 603330 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: 603330 (CN¥15.28) is trading above our estimate of fair value (CN¥2.59)
Significantly Below Fair Value: 603330 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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How is Shanghai Tianyang Hot Melt Adhesives forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Future Growth Score5/6
Future Growth Score 5/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 603330's forecast earnings growth (59.8% per year) is above the savings rate (3.2%).
Earnings vs Market: 603330's earnings (59.8% per year) are forecast to grow faster than the CN market (24.5% per year).
High Growth Earnings: 603330's earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: 603330's revenue (53.9% per year) is forecast to grow faster than the CN market (17.7% per year).
High Growth Revenue: 603330's revenue (53.9% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if 603330's Return on Equity is forecast to be high in 3 years time
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How has Shanghai Tianyang Hot Melt Adhesives performed over the past 5 years?
Past Performance Score3/6
Past Performance Score 3/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 603330 has a high level of non-cash earnings.
Growing Profit Margin: 603330's current net profit margins (8%) are lower than last year (8%).
Past Earnings Growth Analysis
Earnings Trend: 603330's earnings have grown significantly by 26.9% per year over the past 5 years.
Accelerating Growth: 603330's earnings growth over the past year (44.9%) exceeds its 5-year average (26.9% per year).
Earnings vs Industry: 603330 earnings growth over the past year (44.9%) exceeded the Chemicals industry 23.2%.
Return on Equity
High ROE: 603330's Return on Equity (7.8%) is considered low.
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How is Shanghai Tianyang Hot Melt Adhesives's financial position?
Financial Health Score4/6
Financial Health Score 4/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: 603330's short term assets (CN¥1.0B) exceed its short term liabilities (CN¥609.3M).
Long Term Liabilities: 603330's short term assets (CN¥1.0B) exceed its long term liabilities (CN¥147.8M).
Debt to Equity History and Analysis
Debt Level: 603330's net debt to equity ratio (30.7%) is considered satisfactory.
Reducing Debt: 603330's debt to equity ratio has increased from 6.2% to 43.7% over the past 5 years.
Debt Coverage: 603330's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 603330's interest payments on its debt are well covered by EBIT (3.6x coverage).
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What is Shanghai Tianyang Hot Melt Adhesives's current dividend yield, its reliability and sustainability?
Dividend Score 2/6
Cash Flow Coverage
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 603330's dividend (0.65%) is higher than the bottom 25% of dividend payers in the CN market (0.45%).
High Dividend: 603330's dividend (0.65%) is low compared to the top 25% of dividend payers in the CN market (1.88%).
Stability and Growth of Payments
Stable Dividend: 603330 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 603330's dividend payments have increased, but the company has only paid a dividend for 5 years.
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (36.5%), 603330's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 603330 is paying a dividend but the company has no free cash flows.
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How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Zhe Li (59 yo)
Mr. Zhe Long Li has been Chairman of the Board of Directors and General Manager at Shanghai Tianyang Hot Melt Adhesives Co., Ltd. since November 2013. Mr. Li serves as Executive Director and General Manage...
Experienced Management: 603330's management team is seasoned and experienced (8.8 years average tenure).
Experienced Board: 603330's board of directors are not considered experienced ( 2.7 years average tenure), which suggests a new board.
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.
Shanghai Tianyang Hot Melt Adhesives Co., Ltd.'s employee growth, exchange listings and data sources
- Name: Shanghai Tianyang Hot Melt Adhesives Co., Ltd.
- Ticker: 603330
- Exchange: SHSE
- Founded: 1993
- Industry: Commodity Chemicals
- Sector: Materials
- Implied Market Cap: CN¥5.086b
- Shares outstanding: 332.83m
- Website: https://www.hotmelt.com.cn
Number of Employees
- Shanghai Tianyang Hot Melt Adhesives Co., Ltd.
- No.505, Huiping Road
- Jiading District
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/08/15 00:00|
|End of Day Share Price||2022/08/15 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.