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Jiangsu Eastern Shenghong

Market Cap

CN¥72.6b

Last Updated

2021/05/09 11:03 UTC

Data Sources

Company Financials +

Executive Summary

Jiangsu Eastern Shenghong Co., Ltd. engages in the research, development, production, and sale of civilian polyester fiber related products. More Details


Snowflake Analysis

Exceptional growth potential with imperfect balance sheet.

Share Price & News

How has Jiangsu Eastern Shenghong's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 000301 is more volatile than 75% of CN stocks over the past 3 months, typically moving +/- 8% a week.

Volatility Over Time: 000301's weekly volatility (8%) has been stable over the past year, but is still higher than 75% of CN stocks.


Market Performance


7 Day Return

0%

301

1.4%

CN Chemicals

-2.0%

CN Market


1 Year Return

202.6%

301

54.8%

CN Chemicals

22.3%

CN Market

Return vs Industry: 000301 exceeded the CN Chemicals industry which returned 54.8% over the past year.

Return vs Market: 000301 exceeded the CN Market which returned 22.3% over the past year.


Shareholder returns

301IndustryMarket
7 Day0%1.4%-2.0%
30 Day2.9%3.5%-0.5%
90 Day3.9%-2.1%-5.0%
1 Year208.9%202.6%57.2%54.8%24.1%22.3%
3 Yearn/a28.0%22.7%26.6%20.6%
5 Yearn/a53.4%44.5%37.6%28.4%

Long-Term Price Volatility Vs. Market

How volatile is Jiangsu Eastern Shenghong's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Jiangsu Eastern Shenghong undervalued compared to its fair value and its price relative to the market?

99.69x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: 000301 (CN¥15.01) is trading above our estimate of fair value (CN¥3.03)

Significantly Below Fair Value: 000301 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 000301 is poor value based on its PE Ratio (99.7x) compared to the CN Chemicals industry average (28.4x).

PE vs Market: 000301 is poor value based on its PE Ratio (99.7x) compared to the CN market (30.2x).


Price to Earnings Growth Ratio

PEG Ratio: 000301 is poor value based on its PEG Ratio (1.4x)


Price to Book Ratio

PB vs Industry: 000301 is overvalued based on its PB Ratio (3.7x) compared to the CN Chemicals industry average (2.6x).


Future Growth

How is Jiangsu Eastern Shenghong forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?

72.6%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 000301's forecast earnings growth (72.6% per year) is above the savings rate (3.3%).

Earnings vs Market: 000301's earnings (72.6% per year) are forecast to grow faster than the CN market (21.2% per year).

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

Revenue vs Market: 000301's revenue (59.7% per year) is forecast to grow faster than the CN market (16.9% per year).

High Growth Revenue: 000301's revenue (59.7% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: 000301's Return on Equity is forecast to be high in 3 years time (29.1%)


Past Performance

How has Jiangsu Eastern Shenghong performed over the past 5 years?

-12.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 000301 has a high level of non-cash earnings.

Growing Profit Margin: 000301's current net profit margins (2.9%) are lower than last year (6.2%).


Past Earnings Growth Analysis

Earnings Trend: 000301's earnings have declined by 12.6% per year over the past 5 years.

Accelerating Growth: 000301's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 000301 had negative earnings growth (-50.4%) over the past year, making it difficult to compare to the Chemicals industry average (36.3%).


Return on Equity

High ROE: 000301's Return on Equity (2.9%) is considered low.


Financial Health

How is Jiangsu Eastern Shenghong's financial position?


Financial Position Analysis

Short Term Liabilities: 000301's short term assets (CN¥29.4B) exceed its short term liabilities (CN¥19.8B).

Long Term Liabilities: 000301's short term assets (CN¥29.4B) do not cover its long term liabilities (CN¥35.4B).


Debt to Equity History and Analysis

Debt Level: 000301's debt to equity ratio (167.2%) is considered high.

Reducing Debt: 000301's debt to equity ratio has increased from 99.2% to 167.2% over the past 5 years.

Debt Coverage: 000301's debt is not well covered by operating cash flow (8.1%).

Interest Coverage: 000301's interest payments on its debt are well covered by EBIT (3.2x coverage).


Balance Sheet


Dividend

What is Jiangsu Eastern Shenghong current dividend yield, its reliability and sustainability?

0.67%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 000301's dividend (0.67%) is higher than the bottom 25% of dividend payers in the CN market (0.47%).

High Dividend: 000301's dividend (0.67%) is low compared to the top 25% of dividend payers in the CN market (1.87%).


Stability and Growth of Payments

Stable Dividend: Whilst dividend payments have been stable, 000301 has been paying a dividend for less than 10 years.

Growing Dividend: 000301 has only been paying a dividend for 2 years, and since then payments have not increased.


Current Payout to Shareholders

Dividend Coverage: With its reasonable payout ratio (66.4%), 000301's dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

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

7.6yrs

Average management tenure


CEO

Han Gen Miao (54 yo)

no data

Tenure

CN¥1,772,900

Compensation

Mr. Han Gen Miao serves as Chairman and General Manager at Jiangsu Eastern Shenghong Co., Ltd since September 17, 2018.


Leadership Team

Experienced Management: 000301's management team is seasoned and experienced (7.6 years average tenure).


Board Members

Experienced Board: 000301's board of directors are not considered experienced ( 2.7 years average tenure), which suggests a new board.


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 20%.


Top Shareholders

Company Information

Jiangsu Eastern Shenghong Co., Ltd.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Jiangsu Eastern Shenghong Co., Ltd.
  • Ticker: 301
  • Exchange: SZSE
  • Founded: 1998
  • Industry: Commodity Chemicals
  • Sector: Materials
  • Market Cap: CN¥72.571b
  • Shares outstanding: 4.83b
  • Website: https://www.cesm.com.cn

Number of Employees


Location

  • Jiangsu Eastern Shenghong Co., Ltd.
  • No. 73 East Market Road
  • Shengze Town
  • Suzhou
  • Jiangsu Province
  • China

Listings


Biography

Jiangsu Eastern Shenghong Co., Ltd. engages in the research, development, production, and sale of civilian polyester fiber related products. It also engages in the production and supply of thermoelectric p...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/05/09 11:03
End of Day Share Price2021/04/23 00:00
Earnings2021/03/31
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.