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6883

Luoyang Jianlong Micro-nano New Material SHSE:688357 Stock Report

Last Price

CN¥117.54

Market Cap

CN¥7.0b

7D

-0.7%

1Y

14.5%

Updated

26 Jun, 2022

Data

Company Financials +
688357 fundamental analysis
Snowflake Score
Valuation3/6
Future Growth6/6
Past Performance4/6
Financial Health6/6
Dividends2/6

688357 Stock Overview

Luoyang Jianlong Micro-nano New Material Co., Ltd manufactures and sells molecular sieves in China.

Luoyang Jianlong Micro-nano New Material Competitors

 

 

 

 

 

 

 

 

 

 

 

 

Price History & Performance

Summary of all time highs, changes and price drops for Luoyang Jianlong Micro-nano New Material
Historical stock prices
Current Share PriceCN¥117.54
52 Week HighCN¥240.80
52 Week LowCN¥86.31
Beta0.10
1 Month Change20.93%
3 Month Change-5.70%
1 Year Change14.49%
3 Year Changen/a
5 Year Changen/a
Change since IPO177.54%

Recent News & Updates

Shareholder Returns

688357CN ChemicalsCN Market
7D-0.7%0.3%2.1%
1Y14.5%7.3%-10.1%

Return vs Industry: 688357 exceeded the CN Chemicals industry which returned 7.3% over the past year.

Return vs Market: 688357 exceeded the CN Market which returned -10.1% over the past year.

Price Volatility

Is 688357's price volatile compared to industry and market?
688357 volatility
688357 Average Weekly Movement8.0%
Chemicals Industry Average Movement7.4%
Market Average Movement7.2%
10% most volatile stocks in CN Market10.1%
10% least volatile stocks in CN Market5.1%

Stable Share Price: 688357 is not significantly more volatile than the rest of CN stocks over the past 3 months, typically moving +/- 8% a week.

Volatility Over Time: 688357's weekly volatility (8%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1998722Chaofeng Lihttps://www.jalon.cn

Luoyang Jianlong Micro-nano New Material Co., Ltd manufactures and sells molecular sieves in China. The company’s products include oxygen molecular sieves for medical care; industrial oxygen molecular sieves; hydrogen molecular sieves; and gas drying and purification components. It also produces and sells of adsorption and catalytic materials for use in medical care, clean energy, industrial gases, environmental governance, and energy and chemical industries.

Luoyang Jianlong Micro-nano New Material Fundamentals Summary

How do Luoyang Jianlong Micro-nano New Material's earnings and revenue compare to its market cap?
688357 fundamental statistics
Market CapCN¥6.96b
Earnings (TTM)CN¥286.43m
Revenue (TTM)CN¥949.08m

24.3x

P/E Ratio

7.3x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
688357 income statement (TTM)
RevenueCN¥949.08m
Cost of RevenueCN¥526.37m
Gross ProfitCN¥422.72m
Other ExpensesCN¥136.28m
EarningsCN¥286.43m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)4.84
Gross Margin44.54%
Net Profit Margin30.18%
Debt/Equity Ratio0%

How did 688357 perform over the long term?

See historical performance and comparison

Dividends

1.3%

Current Dividend Yield

30%

Payout Ratio
We’ve recently updated our valuation analysis.

Valuation

Is 688357 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

3/6

Valuation Score 3/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • PEG Ratio

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 688357?

Other financial metrics that can be useful for relative valuation.

688357 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/Revenue6.5x
Enterprise Value/EBITDA18.7x
PEG Ratio0.8x

Price to Earnings Ratio vs Peers

How does 688357's PE Ratio compare to its peers?

688357 PE Ratio vs Peers
The above table shows the PE ratio for 688357 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average61.9x

Price-To-Earnings vs Peers: 688357 is good value based on its Price-To-Earnings Ratio (24.3x) compared to the peer average (61.9x).


Price to Earnings Ratio vs Industry

How does 688357's PE Ratio compare vs other companies in the Chinese Chemicals Industry?

Price-To-Earnings vs Industry: 688357 is good value based on its Price-To-Earnings Ratio (24.3x) compared to the CN Chemicals industry average (28.1x)


Price to Earnings Ratio vs Fair Ratio

What is 688357'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.

688357 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio24.3x
Fair PE Ratio23.7x

Price-To-Earnings vs Fair Ratio: 688357 is expensive based on its Price-To-Earnings Ratio (24.3x) compared to the estimated Fair Price-To-Earnings Ratio (23.7x).


Share Price vs Fair Value

What is the Fair Price of 688357 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 688357 (CN¥117.54) is trading above our estimate of fair value (CN¥115.13)

Significantly Below Fair Value: 688357 is trading above our estimate of fair value.


Price to Earnings Growth Ratio

PEG Ratio: 688357 is good value based on its PEG Ratio (0.8x)


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Future Growth

How is Luoyang Jianlong Micro-nano New Material forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?

Future Growth Score

6/6

Future Growth Score 6/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


31.3%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 688357's forecast earnings growth (31.3% per year) is above the savings rate (3.3%).

Earnings vs Market: 688357's earnings (31.3% per year) are forecast to grow faster than the CN market (24% per year).

High Growth Earnings: 688357's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: 688357's revenue (24.3% per year) is forecast to grow faster than the CN market (17.6% per year).

High Growth Revenue: 688357's revenue (24.3% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: 688357's Return on Equity is forecast to be high in 3 years time (25.1%)


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Past Performance

How has Luoyang Jianlong Micro-nano New Material 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


51.4%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: 688357 has a high level of non-cash earnings.

Growing Profit Margin: 688357's current net profit margins (30.2%) are higher than last year (29%).


Past Earnings Growth Analysis

Earnings Trend: 688357's earnings have grown significantly by 51.4% per year over the past 5 years.

Accelerating Growth: 688357's earnings growth over the past year (96.9%) exceeds its 5-year average (51.4% per year).

Earnings vs Industry: 688357 earnings growth over the past year (96.9%) exceeded the Chemicals industry 22.2%.


Return on Equity

High ROE: 688357's Return on Equity (19.6%) is considered low.


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Financial Health

How is Luoyang Jianlong Micro-nano New Material's financial position?

Financial Health Score

6/6

Financial Health Score 6/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: 688357's short term assets (CN¥1.2B) exceed its short term liabilities (CN¥552.4M).

Long Term Liabilities: 688357's short term assets (CN¥1.2B) exceed its long term liabilities (CN¥27.6M).


Debt to Equity History and Analysis

Debt Level: 688357 is debt free.

Reducing Debt: 688357 has no debt compared to 5 years ago when its debt to equity ratio was 441.3%.

Debt Coverage: 688357 has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: 688357 has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


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Dividend

What is Luoyang Jianlong Micro-nano New Material 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

  • Future Dividend Coverage


1.28%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: 688357's dividend (1.28%) is higher than the bottom 25% of dividend payers in the CN market (0.48%).

High Dividend: 688357's dividend (1.28%) is low compared to the top 25% of dividend payers in the CN market (1.93%).


Stability and Growth of Payments

Stable Dividend: Whilst dividend payments have been stable, 688357 has been paying a dividend for less than 10 years.

Growing Dividend: 688357's dividend payments have increased, but the company has only paid a dividend for 2 years.


Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (30.3%), 688357's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its high cash payout ratio (175.7%), 688357's dividend payments are not well covered by cash flows.


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Management

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

7.1yrs

Average board tenure


CEO

Chaofeng Li (51 yo)

9.42yrs

Tenure

Mr. Chaofeng Li serves as Director and President of Luoyang Jianlong Micro-nano New Material Co., Ltd. since January 2013.


Board Members

Experienced Board: 688357's board of directors are considered experienced (7.1 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 2.4%.


Top Shareholders

Company Information

Luoyang Jianlong Micro-nano New Material Co., Ltd's employee growth, exchange listings and data sources


Key Information

  • Name: Luoyang Jianlong Micro-nano New Material Co., Ltd
  • Ticker: 688357
  • Exchange: SHSE
  • Founded: 1998
  • Industry: Specialty Chemicals
  • Sector: Materials
  • Implied Market Cap: CN¥6.962b
  • Shares outstanding: 59.23m
  • Website: https://www.jalon.cn

Number of Employees


Location

  • Luoyang Jianlong Micro-nano New Material Co., Ltd
  • World Trade Center
  • 26th Floor, Tower A
  • Luoyang
  • Henan Province
  • 471000
  • China

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/06/26 00:00
End of Day Share Price2022/06/24 00:00
Earnings2022/03/31
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.