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
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.
7 Day Return
1 Year Return
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.
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
Is Shanghai Putailai New Energy Technology undervalued compared to its fair value and its price relative to the market?
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).
How is Shanghai Putailai New Energy Technology forecast to perform in the next 1 to 3 years based on estimates from 17 analysts?
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%).
How has Shanghai Putailai New Energy Technology performed over the past 5 years?
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.
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).
What is Shanghai Putailai New Energy Technology current dividend yield, its reliability and sustainability?
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).
How experienced are the management team and are they aligned to shareholders interests?
Average management 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...
Experienced Management: 603659's management team is seasoned and experienced (5.5 years average tenure).
Experienced Board: 603659's board of directors are considered experienced (5.5 years average tenure).
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 14%.
Shanghai Putailai New Energy Technology Co., Ltd.'s company bio, employee growth, exchange listings and data sources
- 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
- Shanghai Putailai New Energy Technology Co., Ltd.
- No. 116, Area G, Lane 456
- Dieqiao Road
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
|Data||Last Updated (UTC time)|
|Company Analysis||2021/05/15 11:17|
|End of Day Share Price||2021/05/14 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.