MYS Group
Market Cap
CN¥7.6b
Last Updated
2019/10/14 14:53 UTC
Data Sources
Company Financials +
Executive Summary
MYS Group Co., Ltd. develops, produces, and sells packaging products in China and internationally.
Snowflake
Fundamentals
Excellent balance sheet and fair value.
Similar Companies
Share Price & News
How has MYS Group's share price performed over time and what events caused price changes?
Latest Share Price and Events
Market Performance
7 Day Return
4.4%
2303
2.8%
CN Packaging
2.4%
CN Market
1 Year Return
9.7%
2303
22.8%
CN Packaging
23.6%
CN Market
Share holder returns
| 2303 | Industry | Market | |
|---|---|---|---|
| 7 Day | 4.4% | 2.8% | 2.4% |
| 30 Day | -3.7% | -2.6% | -2.4% |
| 90 Day | 2.5% | -0.06% | 3.4% |
| 1 Year | 13.9%9.7% | 24.5%22.8% | 25.8%23.6% |
| 3 Year | -60.9%-63.2% | -30.7%-33.5% | -9.5%-13.1% |
| 5 Year | -18.8%-23.9% | -5.7%-11.5% | 37.2%29.0% |
Price Volatility Vs. Market
How volatile is MYS Group's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Valuation
Is MYS Group undervalued based on future cash flows and its price relative to the stock market?
19.44x
Price to Earnings (PE) ratio
Intrinsic Value Based on Future Cash Flows
Undervalued: 002303 (CN¥4.97) is trading above our estimate of fair value (CN¥1.95)
Significantly Undervalued: 002303 is trading above our estimate of fair value.
Price Based on Earnings
PE vs Industry: 002303 is good value based on its PE Ratio (19.4x) compared to the Packaging industry average (43.7x).
PE vs Market: 002303 is good value based on its PE Ratio (19.4x) compared to the CN market (32.1x).
Price Based on Expected Growth
Low PEG Ratio: 002303 is poor value based on its PEG Ratio (1.4x)
Price Based on Value of Assets
PB vs Industry: 002303 is good value based on its PB Ratio (1.6x) compared to the CN Packaging industry average (2.7x).
Next Steps
Future Growth
How is MYS Group expected to perform in the next 1 to 3 years based on estimates from 1 analyst?
13.4%
Forecasted annual earnings growth
Earnings and Revenue Growth Estimates
Future Annual Growth Analysis
Earnings vs Savings Rate: 002303's forecast earnings growth (13.4% per year) is above the savings rate (2.7%).
Earnings vs Market: 002303's earnings (13.4% per year) are forecast to grow slower than the CN market (18.4% per year).
High Growth Earnings: 002303's earnings are forecast to grow, but not significantly.
Revenue vs Market: 002303's revenue (7.9% per year) is forecast to grow slower than the CN market (15.3% per year).
High Growth Revenue: 002303's revenue (7.9% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Estimates
Future Return on Equity
Information is not available.
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Past Performance
How has MYS Group performed over the past 5 years?
12.7%
Historical annual earnings growth
Earnings and Revenue History
Past Earnings Growth Analysis
Earnings Trend: 002303's earnings have grown by 12.7% per year over the past 5 years.
Accelerating Growth: 002303's earnings growth over the past year (3.6%) is below its 5-year average (12.7% per year).
Earnings vs Industry: 002303 earnings growth over the past year (3.6%) underperformed the Packaging industry 14.6%.
Return on Equity
High ROE: 002303's Return on Equity (7.7%) is considered low.
Return on Assets
ROA vs Industry: 002303 has a higher Return on Assets than the Packaging industry average last year.
Return on Capital Employed
ROCE Improving: 002303 has significantly improved its Return on Capital Employed over the past 3 years.
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Financial Health
How is MYS Group's financial position?
Financial Position Analysis
Short Term Liabilities: 002303's short term assets (CN¥3.3B) exceeds its short term liabilities (CN¥1.6B)
Long Term Liabilities: 002303's short term assets (3.3B) exceeds its long term liabilities (131.1M)
Debt to Equity History and Analysis
Debt Level: 002303's debt to equity ratio (9.5%) is considered satisfactory
Reducing Debt: 002303's debt to equity ratio has increased from 0.2% to 9.5% over the past 5 years.
Debt Coverage: 002303's debt is well covered by operating cash flow (80.4%).
Interest Coverage: 002303 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
Information is not available.
Information is not available.
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Dividend
What is MYS Group's current dividend yield, its reliability and sustainability?
2.72%
Expected Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Dividend Yield and Payments Analysis
Notable Dividend: 002303's dividend (4.02%) is higher than the bottom 25% of dividend payers in the CN market (0.45%).
High Dividend: 002303's dividend (4.02%) is in the top 25% of dividend payers in the CN market (1.89%)
Stable Dividend: 002303 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 002303's dividend payments have increased, but the company has only paid a dividend for 8 years.
Current Payout to Shareholders
Dividend Coverage: At its current payout ratio (78.2%), 002303's 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
What is the CEO of MYS Group's salary, the management and board of directors tenure and is there insider trading?
CEO
Zhen Yi Zhang (61yo)
0yrs
Tenure
Mr. Zhen Yi Zhang serves as the Chairman of the Board of Directors and General Manager at MYS Group Co., Ltd. Mr. Zhang served as General Manager of Wuhan MYS Environmental Protection and Technology Co., L ...
Insider Trading
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Ownership Breakdown
Management Team
Lin Huang (50yo)
Deputy General Manager and Secretary of the Board of Directors
- Tenure: 0yrs
- Compensation: CN¥390.00k
Hong Gui Yuan (40yo)
Chief Financial Officer
- Tenure: 0yrs
- Compensation: CN¥290.00k
Zhen Yi Zhang (61yo)
Chairman of the Board of Directors and General Manager
- Tenure: 0yrs
Da Chang Feng (57yo)
Deputy General Manager and Director
- Tenure: 0yrs
- Compensation: CN¥380.00k
Board Members
JianJun Zhang (54yo)
Independent Director
- Tenure: 0yrs
- Compensation: CN¥120.00k
Hong Chan Wang (39yo)
Member of the Supervisory Committee
- Tenure: 0yrs
Zhen Yi Zhang (61yo)
Chairman of the Board of Directors and General Manager
- Tenure: 0yrs
Da Chang Feng (57yo)
Deputy General Manager and Director
- Tenure: 0yrs
- Compensation: CN¥380.00k
Jun De Chen (49yo)
Independent Director
- Tenure: 0yrs
- Compensation: CN¥120.00k
Wei Dong Li (51yo)
Independent Director
- Tenure: 0yrs
- Compensation: CN¥120.00k
Shao Ling Cai (77yo)
Chairman of the Supervisory Committee
- Tenure: 0yrs
Li Ke Chen (43yo)
Member of the Supervisory Committee
- Tenure: 0yrs
Company Information
MYS Group Co., Ltd.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: MYS Group Co., Ltd.
- Ticker: 2303
- Exchange: SZSE
- Founded: 2000
- Industry: Paper Packaging
- Sector: Materials
- Market Cap: CN¥7.611b
- Shares outstanding: 1.53b
- Website: https://www.szmys.com
Number of Employees
Location
- MYS Group Co., Ltd.
- MYS Industry Park
- Xinbeitou
- Shenzhen
- Guangdong Province
- China
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| 2303 | SZSE (Shenzhen Stock Exchange) | Yes | Domestic Shares | CN | CNY | Nov 2009 |
| 2303 | XSEC (Shenzhen Stock Exchange - Shenzhen-Hong Kong Stock Connect) | Yes | Domestic Shares | CN | CNY | Nov 2009 |
Biography
MYS Group Co., Ltd. develops, produces, and sells packaging products in China and internationally. It offers packaging design, packaging optimizing, logistics distribution, third party purchasing, professi ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/10/14 14:53 |
| End of Day Share Price | 2019/10/14 00:00 |
| Earnings | 2019/06/30 |
| Annual Earnings | 2018/12/31 |
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.