6038

Jiangsu Dingsheng New Material LtdSHSE:603876 Stock Report

Market Cap

CN¥22.2b

7D

-1.8%

1Y

220.3%

Updated

20 Sep, 2021

Data

Company Financials +
603876 fundamental analysis
Snowflake Score
Valuation0/6
Future Growth3/6
Past Performance1/6
Financial Health2/6
Dividends0/6

603876 Overview

Jiangsu Dingsheng New Material Joint-Stock Co.,Ltd manufactures and sells aluminum products.

Price History & Performance

Summary of all time highs, changes and price drops for Jiangsu Dingsheng New Material Ltd
Historical stock prices
Current Share PriceCN¥46.60
52 Week HighCN¥10.72
52 Week LowCN¥50.79
Beta0.64
1 Month Change23.35%
3 Month Change72.72%
1 Year Change220.28%
3 Year Change137.51%
5 Year Changen/a
Change since IPO138.97%

Recent News & Updates

Shareholder Returns

603876CN Metals and MiningCN Market
7D-1.8%-6.5%-2.4%
1Y220.3%74.0%9.3%

Return vs Industry: 603876 exceeded the CN Metals and Mining industry which returned 74% over the past year.

Return vs Market: 603876 exceeded the CN Market which returned 9.3% over the past year.

Price Volatility

Is 603876's price volatile compared to industry and market?
603876 volatility
603876 Beta0.64
Industry Beta0.66
Market Beta1

Stable Share Price: 603876 is more volatile than 90% of CN stocks over the past 3 months, typically moving +/- 11% a week.

Volatility Over Time: 603876's weekly volatility (11%) has been stable over the past year, but is still higher than 75% of CN stocks.

About the Company

FoundedEmployeesCEOWebsite
20034,982n/ahttps://www.dingshengxincai.com

Jiangsu Dingsheng New Material Joint-Stock Co.,Ltd manufactures and sells aluminum products. The company’s products include aluminum plates, sheets, strips, foils, and coating materials, as well as processed products, such as aluminum oxide boards, cable foils, air conditioner foils, decorative building material aluminum foils, air conditioner refrigerator evaporators, condensers, and others. It serves household appliance, electronic communication, transportation, medicine, packaging, printing, chemical, building material, decoration, and other industries.

Jiangsu Dingsheng New Material Ltd Fundamentals Summary

How do Jiangsu Dingsheng New Material Ltd's earnings and revenue compare to its market cap?
603876 fundamental statistics
Market CapCN¥22.25b
Earnings (TTM)CN¥149.61m
Revenue (TTM)CN¥14.83b

148.7x

P/E Ratio

1.5x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
603876 income statement (TTM)
RevenueCN¥14.83b
Cost of RevenueCN¥13.46b
Gross ProfitCN¥1.36b
ExpensesCN¥1.21b
EarningsCN¥149.61m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.32
Gross Margin9.20%
Net Profit Margin1.01%
Debt/Equity Ratio162.2%

How did 603876 perform over the long term?

See historical performance and comparison

Valuation

Is Jiangsu Dingsheng New Material Ltd undervalued compared to its fair value and its price relative to the market?

148.7x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: 603876 (CN¥46.6) is trading above our estimate of fair value (CN¥4.86)

Significantly Below Fair Value: 603876 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 603876 is poor value based on its PE Ratio (148.7x) compared to the CN Metals and Mining industry average (32.6x).

PE vs Market: 603876 is poor value based on its PE Ratio (148.7x) compared to the CN market (34.9x).


Price to Earnings Growth Ratio

PEG Ratio: 603876 is poor value based on its PEG Ratio (2.8x)


Price to Book Ratio

PB vs Industry: 603876 is overvalued based on its PB Ratio (5x) compared to the CN Metals and Mining industry average (3.1x).


Future Growth

How is Jiangsu Dingsheng New Material Ltd forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?

53.4%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 603876's forecast earnings growth (53.4% per year) is above the savings rate (3.3%).

Earnings vs Market: 603876's earnings (53.4% per year) are forecast to grow faster than the CN market (23.1% per year).

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

Revenue vs Market: 603876's revenue (9.3% per year) is forecast to grow slower than the CN market (18.2% per year).

High Growth Revenue: 603876's revenue (9.3% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: 603876's Return on Equity is forecast to be low in 3 years time (16.8%).


Past Performance

How has Jiangsu Dingsheng New Material Ltd performed over the past 5 years?

-28.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 603876 has high quality earnings.

Growing Profit Margin: 603876's current net profit margins (1%) are lower than last year (1.6%).


Past Earnings Growth Analysis

Earnings Trend: 603876's earnings have declined by 28% per year over the past 5 years.

Accelerating Growth: 603876's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 603876 had negative earnings growth (-18.7%) over the past year, making it difficult to compare to the Metals and Mining industry average (56.1%).


Return on Equity

High ROE: 603876's Return on Equity (3.3%) is considered low.


Financial Health

How is Jiangsu Dingsheng New Material Ltd's financial position?


Financial Position Analysis

Short Term Liabilities: 603876's short term assets (CN¥10.1B) exceed its short term liabilities (CN¥9.2B).

Long Term Liabilities: 603876's short term assets (CN¥10.1B) exceed its long term liabilities (CN¥2.6B).


Debt to Equity History and Analysis

Debt Level: 603876's debt to equity ratio (162.2%) is considered high.

Reducing Debt: 603876's debt to equity ratio has increased from 141% to 162.2% over the past 5 years.

Debt Coverage: 603876's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: 603876's interest payments on its debt are not well covered by EBIT (2.7x coverage).


Balance Sheet


Dividend

What is Jiangsu Dingsheng New Material Ltd current dividend yield, its reliability and sustainability?

0.84%

Forecast Dividend Yield


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 603876's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 603876's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if 603876's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 603876's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: 603876 is not paying a notable dividend for the CN market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 603876's dividend in 3 years as they are not forecast to pay a notable one for the CN market.


Next Steps

Management

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


CEO

Jiangsu Dingsheng New Material Ltd has no CEO, or we have no data on them.


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 10.1%.


Top Shareholders

Company Information

Jiangsu Dingsheng New Material Joint-Stock Co.,Ltd's employee growth, exchange listings and data sources


Key Information

  • Name: Jiangsu Dingsheng New Material Joint-Stock Co.,Ltd
  • Ticker: 603876
  • Exchange: SHSE
  • Founded: 2003
  • Industry: Aluminum
  • Sector: Materials
  • Market Cap: CN¥22.247b
  • Shares outstanding: 477.41m
  • Website: https://www.dingshengxincai.com

Number of Employees


Location

  • Jiangsu Dingsheng New Material Joint-Stock Co.,Ltd
  • Jingkou Economic Development Zone
  • Zhenjiang
  • Jiangsu Province
  • 212141
  • China

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/20 09:06
End of Day Share Price2021/09/17 00:00
Earnings2021/06/30
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.