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6038

Zhejiang Jiaao Enprotech Stock SHSE:603822 Stock Report

Last Price

CN¥49.15

Market Cap

CN¥3.8b

7D

-3.4%

1Y

-11.0%

Updated

25 Sep, 2022

Data

Company Financials
603822 fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance4/6
Financial Health2/6
Dividends2/6

603822 Stock Overview

Zhejiang Jiaao Enprotech Stock Co., Ltd engages in the research, production, and sale of plasticizers in China and internationally.

Zhejiang Jiaao Enprotech Stock Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Zhejiang Jiaao Enprotech Stock
Historical stock prices
Current Share PriceCN¥49.15
52 Week HighCN¥74.50
52 Week LowCN¥29.68
Beta0.083
1 Month Change-18.08%
3 Month Change4.26%
1 Year Change-10.96%
3 Year Change105.22%
5 Year Change19.27%
Change since IPO190.31%

Recent News & Updates

Shareholder Returns

603822CN ChemicalsCN Market
7D-3.4%-0.8%-1.9%
1Y-11.0%-24.4%-18.6%

Return vs Industry: 603822 exceeded the CN Chemicals industry which returned -24.4% over the past year.

Return vs Market: 603822 exceeded the CN Market which returned -18.6% over the past year.

Price Volatility

Is 603822's price volatile compared to industry and market?
603822 volatility
603822 Average Weekly Movement9.6%
Chemicals Industry Average Movement6.1%
Market Average Movement5.8%
10% most volatile stocks in CN Market9.3%
10% least volatile stocks in CN Market3.7%

Stable Share Price: 603822 is more volatile than 90% of CN stocks over the past 3 months, typically moving +/- 10% a week.

Volatility Over Time: 603822's weekly volatility (10%) has been stable over the past year, but is still higher than 75% of CN stocks.

About the Company

FoundedEmployeesCEOWebsite
2003650Jian Shenhttps://www.jiaaohuanbao.com

Zhejiang Jiaao Enprotech Stock Co., Ltd engages in the research, production, and sale of plasticizers in China and internationally. It offers epoxy, fossil, and multifunctional composite products. The company provides its products for use in cables, artificial leather, flocking, light box membranes, plastic films and decking, outdoor water pipes, etc. Zhejiang Jiaao Enprotech Stock Co., Ltd was founded in 2003 and is based in Tongxiang, China.

Zhejiang Jiaao Enprotech Stock Fundamentals Summary

How do Zhejiang Jiaao Enprotech Stock's earnings and revenue compare to its market cap?
603822 fundamental statistics
Market CapCN¥3.76b
Earnings (TTM)CN¥113.41m
Revenue (TTM)CN¥2.41b

33.2x

P/E Ratio

1.6x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
603822 income statement (TTM)
RevenueCN¥2.41b
Cost of RevenueCN¥2.12b
Gross ProfitCN¥287.63m
Other ExpensesCN¥174.21m
EarningsCN¥113.41m

Last Reported Earnings

Jun 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)1.48
Gross Margin11.95%
Net Profit Margin4.71%
Debt/Equity Ratio152.6%

How did 603822 perform over the long term?

See historical performance and comparison

Dividends

0.6%

Current Dividend Yield

18%

Payout Ratio
We’ve recently updated our valuation analysis.

Valuation

Is 603822 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

0/6

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

  • Analyst Forecast

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 603822?

Other financial metrics that can be useful for relative valuation.

603822 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/Revenue2.2x
Enterprise Value/EBITDA24.6x
PEG Ration/a

Price to Earnings Ratio vs Peers

How does 603822's PE Ratio compare to its peers?

603822 PE Ratio vs Peers
The above table shows the PE ratio for 603822 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average25.1x
002584 Xilong Scientific
26.5xn/aCN¥3.9b
603722 Wuxi Acryl Technology
29.9x28.2%CN¥3.7b
603948 Zhejiang Jianye Chemical
8.9xn/aCN¥3.8b
300727 Ningbo Runhe High-Tech Materials
35.1xn/aCN¥3.6b
603822 Zhejiang Jiaao Enprotech Stock
33.2xn/aCN¥3.8b

Price-To-Earnings vs Peers: 603822 is expensive based on its Price-To-Earnings Ratio (33.2x) compared to the peer average (25.1x).


Price to Earnings Ratio vs Industry

How does 603822's PE Ratio compare vs other companies in the CN Chemicals Industry?

Price-To-Earnings vs Industry: 603822 is expensive based on its Price-To-Earnings Ratio (33.2x) compared to the CN Chemicals industry average (26x)


Price to Earnings Ratio vs Fair Ratio

What is 603822'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.

603822 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio33.2x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate 603822's Price-To-Earnings Fair Ratio for valuation analysis.


Share Price vs Fair Value

What is the Fair Price of 603822 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 603822 (CN¥49.15) is trading above our estimate of fair value (CN¥4.67)

Significantly Below Fair Value: 603822 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 Zhejiang Jiaao Enprotech Stock forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


22.0%

Forecasted Materials industry annual growth in earnings

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Zhejiang Jiaao Enprotech Stock has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


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Past Performance

How has Zhejiang Jiaao Enprotech Stock performed over the past 5 years?

Past Performance Score

4/6

Past Performance Score 4/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


14.0%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: 603822 has a high level of non-cash earnings.

Growing Profit Margin: 603822's current net profit margins (4.7%) are higher than last year (3.9%).


Past Earnings Growth Analysis

Earnings Trend: 603822's earnings have grown by 14% per year over the past 5 years.

Accelerating Growth: 603822's earnings growth over the past year (93.9%) exceeds its 5-year average (14% per year).

Earnings vs Industry: 603822 earnings growth over the past year (93.9%) exceeded the Chemicals industry 16.5%.


Return on Equity

High ROE: 603822's Return on Equity (11.7%) is considered low.


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Financial Health

How is Zhejiang Jiaao Enprotech Stock's financial position?

Financial Health Score

2/6

Financial Health Score 2/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: 603822's short term assets (CN¥1.3B) do not cover its short term liabilities (CN¥1.3B).

Long Term Liabilities: 603822's short term assets (CN¥1.3B) exceed its long term liabilities (CN¥540.9M).


Debt to Equity History and Analysis

Debt Level: 603822's net debt to equity ratio (129.3%) is considered high.

Reducing Debt: 603822's debt to equity ratio has increased from 58.9% to 152.6% over the past 5 years.

Debt Coverage: 603822's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: 603822's interest payments on its debt are well covered by EBIT (3.4x coverage).


Balance Sheet


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Dividend

What is Zhejiang Jiaao Enprotech Stock current dividend yield, its reliability and sustainability?

Dividend Score

2/6

Dividend Score 2/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage


0.57%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: 603822's dividend (0.57%) is higher than the bottom 25% of dividend payers in the CN market (0.52%).

High Dividend: 603822's dividend (0.57%) is low compared to the top 25% of dividend payers in the CN market (2.1%).


Stability and Growth of Payments

Stable Dividend: 603822 has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: 603822's dividend payments have increased, but the company has only paid a dividend for 4 years.


Earnings Payout to Shareholders

Earnings Coverage: With its low payout ratio (18.1%), 603822's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: 603822 is paying a dividend but the company has no free cash flows.


Discover strong dividend paying companies

Management

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

CN¥522k

CEO Compensation


CEO

Jian Shen (60 yo)

no data

Tenure

CN¥522,100

Compensation


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 5%.

Company Information

Zhejiang Jiaao Enprotech Stock Co., Ltd's employee growth, exchange listings and data sources


Key Information

  • Name: Zhejiang Jiaao Enprotech Stock Co., Ltd
  • Ticker: 603822
  • Exchange: SHSE
  • Founded: 2003
  • Industry: Commodity Chemicals
  • Sector: Materials
  • Implied Market Cap: CN¥3.763b
  • Shares outstanding: 76.56m
  • Website: https://www.jiaaohuanbao.com

Number of Employees


Location

  • Zhejiang Jiaao Enprotech Stock Co., Ltd
  • No.761 Chongfu Road
  • Economic Development Zone
  • Tongxiang
  • Zhejiang Province
  • China


Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
603822SHSE (Shanghai Stock Exchange)YesDomestic SharesCNCNYApr 2016

Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/09/25 00:00
End of Day Share Price2022/09/23 00:00
Earnings2022/06/30
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.