SZSE:000301

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Jiangsu Eastern Shenghong

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 second-rate dividend payer.

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 90% of CN stocks over the past 3 months, typically moving +/- 11% a week.

Volatility Over Time: 000301's weekly volatility (11%) has been stable over the past year, but is still higher than 75% of CN stocks.


Market Performance


7 Day Return

-7.2%

301

-5.1%

CN Chemicals

-4.1%

CN Market


1 Year Return

183.4%

301

52.0%

CN Chemicals

23.1%

CN Market

Return vs Industry: 000301 exceeded the CN Chemicals industry which returned 52% over the past year.

Return vs Market: 000301 exceeded the CN Market which returned 23.1% over the past year.


Shareholder returns

301IndustryMarket
7 Day-7.2%-5.1%-4.1%
30 Day-3.9%1.9%-2.2%
90 Day44.9%15.5%4.7%
1 Year189.3%183.4%54.3%52.0%25.1%23.1%
3 Yearn/a32.1%26.7%29.6%23.3%
5 Yearn/a57.7%48.9%44.1%34.3%

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?

96.62x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: 000301 (CN¥14.2) is trading above our estimate of fair value (CN¥1.75)

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 (96.6x) compared to the CN Chemicals industry average (36.7x).

PE vs Market: 000301 is poor value based on its PE Ratio (96.6x) compared to the CN market (34x).


Price to Earnings Growth Ratio

PEG Ratio: 000301 is good value based on its PEG Ratio (0.8x)


Price to Book Ratio

PB vs Industry: 000301 is overvalued based on its PB Ratio (3.9x) compared to the CN Chemicals industry average (2.8x).


Next Steps

Future Growth

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

119.3%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 000301's forecast earnings growth (119.3% per year) is above the savings rate (3.3%).

Earnings vs Market: 000301's earnings (119.3% per year) are forecast to grow faster than the CN market (24.7% per year).

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

Revenue vs Market: 000301's revenue (81.9% per year) is forecast to grow faster than the CN market (18.3% per year).

High Growth Revenue: 000301's revenue (81.9% 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 (21.6%)


Next Steps

Past Performance

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

4.3%

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 (3%) are lower than last year (5.5%).


Past Earnings Growth Analysis

Earnings Trend: 000301's earnings have grown by 4.3% 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 (-51.9%) over the past year, making it difficult to compare to the Chemicals industry average (3.6%).


Return on Equity

High ROE: 000301's Return on Equity (3.3%) is considered low.


Next Steps

Financial Health

How is Jiangsu Eastern Shenghong's financial position?


Financial Position Analysis

Short Term Liabilities: 000301's short term assets (CN¥14.2B) do not cover its short term liabilities (CN¥18.1B).

Long Term Liabilities: 000301's short term assets (CN¥14.2B) exceed its long term liabilities (CN¥11.2B).


Debt to Equity History and Analysis

Debt Level: 000301's debt to equity ratio (95.1%) is considered high.

Reducing Debt: Insufficient data to determine if 000301's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: 000301's debt is well covered by operating cash flow (20.1%).

Interest Coverage: 000301's interest payments on its debt are not well covered by EBIT (2.6x coverage).


Balance Sheet


Next Steps

Dividend

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

0.70%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 000301's dividend (0.7%) is higher than the bottom 25% of dividend payers in the CN market (0.41%).

High Dividend: 000301's dividend (0.7%) is low compared to the top 25% of dividend payers in the CN market (1.8%).


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 (68%), 000301's dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: 000301's dividends in 3 years are forecast to be well covered by earnings (15.2% payout ratio).


Next Steps

Management

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

7.3yrs

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

NamePositionTenureCompensationOwnership
Han Gen Miao
GM & Chairman of the Boardno dataCN¥1.77mno data
Gao Xiong Ji
Vice Chairman & Deputy General Manager2.42yrsCN¥1.45mno data
Hai Rong Qui
Financial Officer & Director6.42yrsCN¥838.70kno data
Yi Hong Sun
Deputy General Manager10.25yrsCN¥750.10kno data
Xiao Yong Ma
Deputy General Manager7.33yrsCN¥645.10kno data
Jun Wang
Deputy GM & Secretary of the Board1.17yrsCN¥273.40kno data

7.3yrs

Average Tenure

48.5yo

Average Age

Experienced Management: 000301's management team is seasoned and experienced (7.3 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Han Gen Miao
GM & Chairman of the Boardno dataCN¥1.77mno data
Gao Xiong Ji
Vice Chairman & Deputy General Manager2.42yrsCN¥1.45mno data
Hai Rong Qui
Financial Officer & Director6.42yrsCN¥838.70kno data
Xiang Yang Lian
Independent Director6.92yrsCN¥102.00k0.00058%
CN¥ 422.9k
Qin Feng
Supervisor2.42yrsno datano data
Xie Qiu Wan
Independent Director6.17yrsCN¥102.00kno data
Quan Feng Pang
Employee Supervisor1.92yrsno datano data
Yu kun Luo
Director6.83yrsno datano data
Jian Chen
Supervisor1.83yrsno datano data
Xiang Jian Zhang
Independent Director3.75yrsCN¥102.00kno data
Gen Yuan Ni
Chairman of the Supervisory Boardno datano datano data
Wei Li
Supervisor2.42yrsno datano data

2.4yrs

Average Tenure

48yo

Average Age

Experienced Board: 000301's board of directors are not considered experienced ( 2.4 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¥72.910b
  • 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

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
301SZSE (Shenzhen Stock Exchange)YesDomestic SharesCNCNYAug 2018
301XSEC (Shenzhen Stock Exchange - Shenzhen-Hong Kong Stock Connect)YesDomestic SharesCNCNYAug 2018

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 Analysis2021/02/26 09:16
End of Day Share Price2021/02/26 00:00
Earnings2020/09/30
Annual Earnings2019/12/31


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.