6050

Zhejiang Yonghe RefrigerantSHSE:605020 Stock Report

Market Cap

CN¥11.8b

7D

2.0%

1Y

n/a

Updated

18 Sep, 2021

Data

Company Financials
605020 fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance2/6
Financial Health4/6
Dividends0/6

605020 Overview

Zhejiang Yonghe Refrigerant Co.,Ltd. engages in the research and development, production, and sale of fluorochemical products.

Price History & Performance

Summary of all time highs, changes and price drops for Zhejiang Yonghe Refrigerant
Historical stock prices
Current Share PriceCN¥44.15
52 Week HighCN¥8.32
52 Week LowCN¥54.56
Beta0
1 Month Change10.13%
3 Month Changen/a
1 Year Changen/a
3 Year Changen/a
5 Year Changen/a
Change since IPO342.39%

Recent News & Updates

Shareholder Returns

605020CN ChemicalsCN Market
7D2.0%1.4%-2.4%
1Yn/a72.3%9.2%

Return vs Industry: Insufficient data to determine how 605020 performed against the CN Chemicals industry.

Return vs Market: Insufficient data to determine how 605020 performed against the CN Market.

Price Volatility

Is 605020's price volatile compared to industry and market?
605020 volatility
605020 Beta0
Industry Beta0.78
Market Beta1

Stable Share Price: 605020 is more volatile than 90% of CN stocks over the past 3 months, typically moving +/- 16% a week.

Volatility Over Time: Insufficient data to determine 605020's volatility change over the past year.

About the Company

FoundedEmployeesCEOWebsite
19981,696n/ahttps://www.qhyh.com

Zhejiang Yonghe Refrigerant Co.,Ltd. engages in the research and development, production, and sale of fluorochemical products. The company’s principal products include fluorocarbon chemicals, mixed refrigerants, fluorine-containing polymer materials and related body products, hydrofluoric acid, fluorite fine powder, fluorite lump ore, etc. It also offers refrigerant gases, and refrigerant fittings and tools.

Valuation

Is Zhejiang Yonghe Refrigerant undervalued compared to its fair value and its price relative to the market?

80.74x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate 605020's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate 605020's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: 605020 is poor value based on its PE Ratio (80.7x) compared to the CN Chemicals industry average (35x).

PE vs Market: 605020 is poor value based on its PE Ratio (80.7x) compared to the CN market (34.9x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 605020's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 605020 is overvalued based on its PB Ratio (8.2x) compared to the CN Chemicals industry average (3.6x).


Future Growth

How is Zhejiang Yonghe Refrigerant forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

26.1%

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 Yonghe Refrigerant 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.


Past Performance

How has Zhejiang Yonghe Refrigerant performed over the past 5 years?

-0.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 605020 has a high level of non-cash earnings.

Growing Profit Margin: 605020's current net profit margins (6.5%) are higher than last year (6.3%).


Past Earnings Growth Analysis

Earnings Trend: 605020's earnings have declined by 0.8% per year over the past 5 years.

Accelerating Growth: 605020's earnings growth over the past year (21%) exceeds its 5-year average (-0.8% per year).

Earnings vs Industry: 605020 earnings growth over the past year (21%) underperformed the Chemicals industry 36.5%.


Return on Equity

High ROE: 605020's Return on Equity (10.1%) is considered low.


Financial Health

How is Zhejiang Yonghe Refrigerant's financial position?


Financial Position Analysis

Short Term Liabilities: 605020's short term assets (CN¥1.1B) do not cover its short term liabilities (CN¥1.2B).

Long Term Liabilities: 605020's short term assets (CN¥1.1B) exceed its long term liabilities (CN¥96.8M).


Debt to Equity History and Analysis

Debt Level: 605020's debt to equity ratio (26.9%) is considered satisfactory.

Reducing Debt: Insufficient data to determine if 605020's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: 605020's debt is well covered by operating cash flow (30.7%).

Interest Coverage: 605020's interest payments on its debt are well covered by EBIT (44.1x coverage).


Balance Sheet


Dividend

What is Zhejiang Yonghe Refrigerant current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 605020's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 605020'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 605020's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 605020's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 605020'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

Zhejiang Yonghe Refrigerant 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: 605020 only recently listed within the past 12 months.


Top Shareholders

Company Information

Zhejiang Yonghe Refrigerant Co., Ltd.'s employee growth, exchange listings and data sources


Key Information

  • Name: Zhejiang Yonghe Refrigerant Co., Ltd.
  • Ticker: 605020
  • Exchange: SHSE
  • Founded: 1998
  • Industry: Commodity Chemicals
  • Sector: Materials
  • Market Cap: CN¥11.773b
  • Shares outstanding: 266.67m
  • Website: https://www.qhyh.com

Number of Employees


Location

  • Zhejiang Yonghe Refrigerant Co., Ltd.
  • No. 893, Century Avenue
  • Quzhou
  • Zhejiang Province
  • 324000
  • China

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/18 09:04
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.