2240 Stock Overview
Chengxin Lithium Group Co., Ltd. engages in the mining, production, and sale of lithium salt in China.
Chengxin Lithium Group Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||CN¥58.65|
|52 Week High||CN¥76.96|
|52 Week Low||CN¥27.53|
|1 Month Change||19.45%|
|3 Month Change||4.64%|
|1 Year Change||101.69%|
|3 Year Change||599.05%|
|5 Year Change||399.15%|
|Change since IPO||444.32%|
Recent News & Updates
|2240||CN Forestry||CN Market|
Return vs Industry: 002240 exceeded the CN Forestry industry which returned -8.5% over the past year.
Return vs Market: 002240 exceeded the CN Market which returned -10.1% over the past year.
|2240 Average Weekly Movement||8.6%|
|Forestry Industry Average Movement||5.7%|
|Market Average Movement||7.2%|
|10% most volatile stocks in CN Market||10.1%|
|10% least volatile stocks in CN Market||5.1%|
Stable Share Price: 002240 is not significantly more volatile than the rest of CN stocks over the past 3 months, typically moving +/- 9% a week.
Volatility Over Time: 002240's weekly volatility (9%) has been stable over the past year.
About the Company
Chengxin Lithium Group Co., Ltd. engages in the mining, production, and sale of lithium salt in China. The company is also involved in the lithium dressing; and forestry businesses. Its products are used for applications in lithium-ion battery cathode materials, energy storage, petrochemical, pharmaceutical, and other fields.
Chengxin Lithium Group Fundamentals Summary
|2240 fundamental statistics|
Is 2240 overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|2240 income statement (TTM)|
|Cost of Revenue||CN¥1.54b|
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
|Earnings per share (EPS)||2.11|
|Net Profit Margin||44.43%|
How did 2240 perform over the long term?See historical performance and comparison
0.2%Current Dividend Yield
Is 2240 undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 4/6
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 2240?
Other financial metrics that can be useful for relative valuation.
|What is 2240's n/a Ratio?|
Price to Earnings Ratio vs Peers
How does 2240's PE Ratio compare to its peers?
|2240 PE Ratio vs Peers|
|Company||PE||Estimated Growth||Market Cap|
Price-To-Earnings vs Peers: 002240 is good value based on its Price-To-Earnings Ratio (27.8x) compared to the peer average (68.3x).
Price to Earnings Ratio vs Industry
How does 2240's PE Ratio compare vs other companies in the Chinese Forestry Industry?
Price-To-Earnings vs Industry: 002240 is expensive based on its Price-To-Earnings Ratio (27.8x) compared to the CN Forestry industry average (23.6x)
Price to Earnings Ratio vs Fair Ratio
What is 2240'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||27.8x|
|Fair PE Ratio||27.4x|
Price-To-Earnings vs Fair Ratio: 002240 is expensive based on its Price-To-Earnings Ratio (27.8x) compared to the estimated Fair Price-To-Earnings Ratio (27.4x).
Share Price vs Fair Value
What is the Fair Price of 2240 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: 002240 (CN¥58.65) is trading below our estimate of fair value (CN¥185.95)
Significantly Below Fair Value: 002240 is trading below fair value by more than 20%.
Price to Earnings Growth Ratio
PEG Ratio: 002240 is good value based on its PEG Ratio (0.9x)
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How is Chengxin Lithium Group forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?
Future Growth Score6/6
Future Growth Score 6/6
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: 002240's forecast earnings growth (29.5% per year) is above the savings rate (3.3%).
Earnings vs Market: 002240's earnings (29.5% per year) are forecast to grow faster than the CN market (24.1% per year).
High Growth Earnings: 002240's earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: 002240's revenue (51.8% per year) is forecast to grow faster than the CN market (17.6% per year).
High Growth Revenue: 002240's revenue (51.8% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 002240's Return on Equity is forecast to be high in 3 years time (31.9%)
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How has Chengxin Lithium Group performed over the past 5 years?
Past Performance Score5/6
Past Performance Score 5/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 002240 has a high level of non-cash earnings.
Growing Profit Margin: 002240's current net profit margins (44.4%) are higher than last year (9.2%).
Past Earnings Growth Analysis
Earnings Trend: 002240's earnings have grown significantly by 58.6% per year over the past 5 years.
Accelerating Growth: 002240's earnings growth over the past year (848.2%) exceeds its 5-year average (58.6% per year).
Earnings vs Industry: 002240 earnings growth over the past year (848.2%) exceeded the Forestry industry -5.7%.
Return on Equity
High ROE: 002240's Return on Equity (29.3%) is considered high.
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How is Chengxin Lithium Group's financial position?
Financial Health Score6/6
Financial Health Score 6/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: 002240's short term assets (CN¥4.7B) exceed its short term liabilities (CN¥2.2B).
Long Term Liabilities: 002240's short term assets (CN¥4.7B) exceed its long term liabilities (CN¥1.3B).
Debt to Equity History and Analysis
Debt Level: 002240's net debt to equity ratio (8.7%) is considered satisfactory.
Reducing Debt: 002240's debt to equity ratio has reduced from 45.3% to 33% over the past 5 years.
Debt Coverage: 002240's debt is well covered by operating cash flow (20.3%).
Interest Coverage: 002240's interest payments on its debt are well covered by EBIT (47.9x coverage).
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What is Chengxin Lithium Group current dividend yield, its reliability and sustainability?
Dividend Score 0/6
Future Dividend Coverage
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 002240's dividend (0.17%) isn’t notable compared to the bottom 25% of dividend payers in the CN market (0.48%).
High Dividend: 002240's dividend (0.17%) is low compared to the top 25% of dividend payers in the CN market (1.93%).
Stability and Growth of Payments
Stable Dividend: 002240 is not paying a notable dividend for the CN market, therefore no need to check if payments are stable.
Growing Dividend: 002240 is not paying a notable dividend for the CN market, therefore no need to check if payments are increasing.
Earnings Payout to Shareholders
Earnings Coverage: 002240 is not paying a notable dividend for the CN market.
Cash Payout to Shareholders
Cash Flow Coverage: 002240 is paying a dividend but the company has no free cash flows.
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How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Weijun Deng (38 yo)
Mr. Weijun Deng serves as Non-Independent Director at Chengxin Lithium Group Co., Ltd. since March 15, 2018 and also serves as General Manager since March 15, 2020.
Experienced Management: 002240's management team is considered experienced (4.3 years average tenure).
Experienced Board: 002240's board of directors are not considered experienced ( 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 been diluted in the past year, with total shares outstanding growing by 15.5%.
Chengxin Lithium Group Co., Ltd.'s employee growth, exchange listings and data sources
- Name: Chengxin Lithium Group Co., Ltd.
- Ticker: 2240
- Exchange: SZSE
- Founded: 1997
- Industry: Forest Products
- Sector: Materials
- Implied Market Cap: CN¥50.499b
- Shares outstanding: 861.02m
- Website: https://en.cxlithium.com
Number of Employees
- Chengxin Lithium Group Co., Ltd.
- AVIC Center
- 3206-3207, 32nd Floor
- Guangdong Province
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/06/25 00:00|
|End of Day Share Price||2022/06/24 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.