2043 Stock Overview
DeHua TB New Decoration Material Co.,Ltd manufactures and sells interior decoration materials in China and internationally.
DeHua TB New Decoration MaterialLtd Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||CN¥11.60|
|52 Week High||CN¥13.31|
|52 Week Low||CN¥8.37|
|1 Month Change||16.00%|
|3 Month Change||13.73%|
|1 Year Change||17.41%|
|3 Year Change||86.80%|
|5 Year Change||-22.30%|
|Change since IPO||771.45%|
Recent News & Updates
|2043||CN Forestry||CN Market|
Return vs Industry: 002043 exceeded the CN Forestry industry which returned -1.6% over the past year.
Return vs Market: 002043 exceeded the CN Market which returned -6.8% over the past year.
|2043 Average Weekly Movement||6.9%|
|Forestry Industry Average Movement||5.8%|
|Market Average Movement||7.2%|
|10% most volatile stocks in CN Market||10.2%|
|10% least volatile stocks in CN Market||5.0%|
Stable Share Price: 002043 is not significantly more volatile than the rest of CN stocks over the past 3 months, typically moving +/- 7% a week.
Volatility Over Time: 002043's weekly volatility (7%) has been stable over the past year.
About the Company
DeHua TB New Decoration Material Co.,Ltd manufactures and sells interior decoration materials in China and internationally. It offers veneer core, MDF composite core, particleboard core, and MDF core products; wood flooring; and engineered wood products. The company was founded in 1993 and is based in Deqing, China.
DeHua TB New Decoration MaterialLtd Fundamentals Summary
|2043 fundamental statistics|
Is 2043 overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|2043 income statement (TTM)|
|Cost of Revenue||CN¥7.97b|
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
|Earnings per share (EPS)||0.92|
|Net Profit Margin||7.27%|
How did 2043 perform over the long term?See historical performance and comparison
4.1%Current Dividend Yield
Is 2043 undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 6/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for 2043?
Other financial metrics that can be useful for relative valuation.
|What is 2043's n/a Ratio?|
Price to Earnings Ratio vs Peers
How does 2043's PE Ratio compare to its peers?
|2043 PE Ratio vs Peers|
|Company||PE||Estimated Growth||Market Cap|
600189 Jilin Forest Industry
601996 Guangxi Fenglin Wood Industry GroupLtd
002679 Fujian Jinsen ForestryLtd
600321 Rightway Holdingsltd
002043 DeHua TB New Decoration MaterialLtd
Price-To-Earnings vs Peers: 002043 is good value based on its Price-To-Earnings Ratio (12.6x) compared to the peer average (100.4x).
Price to Earnings Ratio vs Industry
How does 2043's PE Ratio compare vs other companies in the CN Forestry Industry?
Price-To-Earnings vs Industry: 002043 is good value based on its Price-To-Earnings Ratio (12.6x) compared to the CN Forestry industry average (24x)
Price to Earnings Ratio vs Fair Ratio
What is 2043'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.
|Current PE Ratio||12.6x|
|Fair PE Ratio||16.9x|
Price-To-Earnings vs Fair Ratio: 002043 is good value based on its Price-To-Earnings Ratio (12.6x) compared to the estimated Fair Price-To-Earnings Ratio (16.9x).
Share Price vs Fair Value
What is the Fair Price of 2043 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: 002043 (CN¥11.6) is trading below our estimate of fair value (CN¥30.91)
Significantly Below Fair Value: 002043 is trading below fair value by more than 20%.
Price to Earnings Growth Ratio
PEG Ratio: 002043 is good value based on its PEG Ratio (0.8x)
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How is DeHua TB New Decoration MaterialLtd forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
Future Growth Score3/6
Future Growth Score 3/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 002043's forecast earnings growth (14.8% per year) is above the savings rate (3.2%).
Earnings vs Market: 002043's earnings (14.8% per year) are forecast to grow slower than the CN market (23.9% per year).
High Growth Earnings: 002043's earnings are forecast to grow, but not significantly.
Revenue vs Market: 002043's revenue (18.9% per year) is forecast to grow faster than the CN market (17.5% per year).
High Growth Revenue: 002043's revenue (18.9% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 002043's Return on Equity is forecast to be high in 3 years time (25.8%)
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How has DeHua TB New Decoration MaterialLtd performed over the past 5 years?
Past Performance Score6/6
Past Performance Score 6/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 002043 has high quality earnings.
Growing Profit Margin: 002043's current net profit margins (7.3%) are higher than last year (7.3%).
Past Earnings Growth Analysis
Earnings Trend: 002043's earnings have grown by 17% per year over the past 5 years.
Accelerating Growth: 002043's earnings growth over the past year (31.8%) exceeds its 5-year average (17% per year).
Earnings vs Industry: 002043 earnings growth over the past year (31.8%) exceeded the Forestry industry -5.7%.
Return on Equity
High ROE: 002043's Return on Equity (30.8%) is considered high.
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How is DeHua TB New Decoration MaterialLtd's financial position?
Financial Health Score5/6
Financial Health Score 5/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: 002043's short term assets (CN¥3.1B) exceed its short term liabilities (CN¥3.0B).
Long Term Liabilities: 002043's short term assets (CN¥3.1B) exceed its long term liabilities (CN¥173.0M).
Debt to Equity History and Analysis
Debt Level: 002043's net debt to equity ratio (31.5%) is considered satisfactory.
Reducing Debt: 002043's debt to equity ratio has increased from 3.3% to 45.3% over the past 5 years.
Debt Coverage: 002043's debt is well covered by operating cash flow (70.1%).
Interest Coverage: 002043 earns more interest than it pays, so coverage of interest payments is not a concern.
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What is DeHua TB New Decoration MaterialLtd current dividend yield, its reliability and sustainability?
Dividend Score 4/6
Future Dividend Coverage
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 002043's dividend (4.05%) is higher than the bottom 25% of dividend payers in the CN market (0.48%).
High Dividend: 002043's dividend (4.05%) is in the top 25% of dividend payers in the CN market (1.92%)
Stability and Growth of Payments
Stable Dividend: 002043's dividend payments have been volatile in the past 10 years.
Growing Dividend: 002043's dividend payments have increased over the past 10 years.
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (47.5%), 002043's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (61.1%), 002043's dividend payments are covered by cash flows.
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How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Lihua Lu (56 yo)
Mr. Lihua Lu serves as a Vice Chairman and General Manager at DeHua TB New Decoration Material Co.,Ltd. Mr. Lu serves as General Manager for Operations at Dehua Tubaobao Decorative Materials Co., Ltd. He s...
Experienced Board: 002043's board of directors are not considered experienced ( 2.2 years average tenure), which suggests a new board.
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
DeHua TB New Decoration Material Co.,Ltd's employee growth, exchange listings and data sources
- Name: DeHua TB New Decoration Material Co.,Ltd
- Ticker: 2043
- Exchange: SZSE
- Founded: 1992
- Industry: Forest Products
- Sector: Materials
- Implied Market Cap: CN¥8.835b
- Shares outstanding: 761.66m
- Website: https://www.tubaobao.com
Number of Employees
- DeHua TB New Decoration Material Co.,Ltd
- No. 588, Linxi Street
- Fuxi Street
- Zhejiang Province
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/07/03 00:00|
|End of Day Share Price||2022/07/01 00:00|
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.