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Shanghai Putailai New Energy Technology

Market Cap

CN¥53.5b

Last Updated

2021/05/15 11:17 UTC

Data Sources

Company Financials +

Executive Summary

Shanghai Putailai New Energy Technology Co., Ltd., together with its subsidiaries, develops and sells materials of lithium-ion batteries and automated process equipment in China. More Details


Snowflake Analysis

High growth potential with excellent balance sheet.

Share Price & News

How has Shanghai Putailai New Energy Technology's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 603659 is not significantly more volatile than the rest of CN stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: 603659's weekly volatility (6%) has been stable over the past year.


Market Performance


7 Day Return

-1.0%

603659

-1.3%

CN Chemicals

2.2%

CN Market


1 Year Return

36.3%

603659

53.7%

CN Chemicals

25.2%

CN Market

Return vs Industry: 603659 underperformed the CN Chemicals industry which returned 53.7% over the past year.

Return vs Market: 603659 exceeded the CN Market which returned 25.2% over the past year.


Shareholder returns

603659IndustryMarket
7 Day-1.0%-1.3%2.2%
30 Day-0.1%4.2%2.8%
90 Day3.6%-8.3%-6.2%
1 Year36.8%36.3%55.8%53.7%27.1%25.2%
3 Year88.3%85.1%23.8%18.5%28.7%22.6%
5 Yearn/a49.6%40.9%39.7%30.5%

Long-Term Price Volatility Vs. Market

How volatile is Shanghai Putailai New Energy Technology's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Shanghai Putailai New Energy Technology undervalued compared to its fair value and its price relative to the market?

1.2%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: 603659 (CN¥77.05) is trading below our estimate of fair value (CN¥78.02)

Significantly Below Fair Value: 603659 is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: 603659 is poor value based on its PE Ratio (53.8x) compared to the CN Chemicals industry average (28.5x).

PE vs Market: 603659 is poor value based on its PE Ratio (53.8x) compared to the CN market (30.8x).


Price to Earnings Growth Ratio

PEG Ratio: 603659 is poor value based on its PEG Ratio (2x)


Price to Book Ratio

PB vs Industry: 603659 is overvalued based on its PB Ratio (5.8x) compared to the CN Chemicals industry average (2.7x).


Future Growth

How is Shanghai Putailai New Energy Technology forecast to perform in the next 1 to 3 years based on estimates from 17 analysts?

26.9%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 603659's forecast earnings growth (26.9% per year) is above the savings rate (3.3%).

Earnings vs Market: 603659's earnings (26.9% per year) are forecast to grow faster than the CN market (21% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: 603659's revenue (27.3% per year) is forecast to grow faster than the CN market (16.8% per year).

High Growth Revenue: 603659's revenue (27.3% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: 603659's Return on Equity is forecast to be low in 3 years time (15.1%).


Past Performance

How has Shanghai Putailai New Energy Technology performed over the past 5 years?

14.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 603659 has a high level of non-cash earnings.

Growing Profit Margin: 603659's current net profit margins (14.7%) are higher than last year (13.4%).


Past Earnings Growth Analysis

Earnings Trend: 603659's earnings have grown by 14.2% per year over the past 5 years.

Accelerating Growth: 603659's earnings growth over the past year (47.9%) exceeds its 5-year average (14.2% per year).

Earnings vs Industry: 603659 earnings growth over the past year (47.9%) exceeded the Chemicals industry 37%.


Return on Equity

High ROE: 603659's Return on Equity (10.4%) is considered low.


Financial Health

How is Shanghai Putailai New Energy Technology's financial position?


Financial Position Analysis

Short Term Liabilities: 603659's short term assets (CN¥10.8B) exceed its short term liabilities (CN¥6.0B).

Long Term Liabilities: 603659's short term assets (CN¥10.8B) exceed its long term liabilities (CN¥215.0M).


Debt to Equity History and Analysis

Debt Level: 603659's debt to equity ratio (10.6%) is considered satisfactory.

Reducing Debt: 603659's debt to equity ratio has increased from 4% to 10.6% over the past 5 years.

Debt Coverage: 603659's debt is well covered by operating cash flow (100%).

Interest Coverage: 603659's interest payments on its debt are well covered by EBIT (19.4x coverage).


Balance Sheet


Dividend

What is Shanghai Putailai New Energy Technology current dividend yield, its reliability and sustainability?

0.38%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 603659's dividend (0.38%) isn’t notable compared to the bottom 25% of dividend payers in the CN market (0.47%).

High Dividend: 603659's dividend (0.38%) is low compared to the top 25% of dividend payers in the CN market (1.86%).


Stability and Growth of Payments

Stable Dividend: Whilst dividend payments have been stable, 603659 has been paying a dividend for less than 10 years.

Growing Dividend: 603659's dividend payments have increased, but the company has only paid a dividend for 3 years.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (20.5%), 603659's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: 603659's dividends in 3 years are forecast to be well covered by earnings (29.2% payout ratio).


Next Steps

Management

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

5.5yrs

Average management tenure


CEO

William Chen

5.5yrs

Tenure

Mr. William Chen serves as Chief Executive Officer of Shanghai Putailai New Energy Technology Co., Ltd. since November 2015. Mr. Chen has extensive industry experience in Lithium ion battery industry. He w...


Leadership Team

Experienced Management: 603659's management team is seasoned and experienced (5.5 years average tenure).


Board Members

Experienced Board: 603659's board of directors are considered experienced (5.5 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 been diluted in the past year, with total shares outstanding growing by 14%.


Top Shareholders

Company Information

Shanghai Putailai New Energy Technology Co., Ltd.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Shanghai Putailai New Energy Technology Co., Ltd.
  • Ticker: 603659
  • Exchange: SHSE
  • Founded: 2012
  • Industry: Specialty Chemicals
  • Sector: Materials
  • Market Cap: CN¥53.507b
  • Shares outstanding: 694.44m
  • Website: https://www.putailai.com

Number of Employees


Location

  • Shanghai Putailai New Energy Technology Co., Ltd.
  • No. 116, Area G, Lane 456
  • Dieqiao Road
  • Shanghai
  • 201315
  • China

Listings


Biography

Shanghai Putailai New Energy Technology Co., Ltd., together with its subsidiaries, develops and sells materials of lithium-ion batteries and automated process equipment in China. It offers lithium-ion batt...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/05/15 11:17
End of Day Share Price2021/05/14 00:00
Earnings2021/03/31
Annual Earnings2020/12/31


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.