Jiangsu Yoke Technology Co., Ltd. engages in the production and sale of electronic materials, liquefied natural gas (LNG) insulation boards, and flame retardants.
Share Price & News
How has Jiangsu Yoke Technology's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 002409 is more volatile than 75% of CN stocks over the past 3 months, typically moving +/- 9% a week.
Volatility Over Time: 002409's weekly volatility (9%) has been stable over the past year, but is still higher than 75% of CN stocks.
7 Day Return
1 Year Return
Return vs Industry: 002409 underperformed the CN Chemicals industry which returned 79.5% over the past year.
Return vs Market: 002409 exceeded the CN Market which returned 12.4% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Jiangsu Yoke Technology's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Jiangsu Yoke Technology Fundamentals Summary
|2409 fundamental statistics|
Is 2409 overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|2409 income statement (TTM)|
|Cost of Revenue||CN¥2.20b|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||0.96|
|Net Profit Margin||14.11%|
How did 2409 perform over the long term?See historical performance and comparison
0.2%Current Dividend Yield
Is Jiangsu Yoke Technology undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: 002409 (CN¥81.69) is trading above our estimate of fair value (CN¥4.6)
Significantly Below Fair Value: 002409 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 002409 is poor value based on its PE Ratio (87.5x) compared to the CN Chemicals industry average (35.4x).
PE vs Market: 002409 is poor value based on its PE Ratio (87.5x) compared to the CN market (35.4x).
Price to Earnings Growth Ratio
PEG Ratio: 002409 is poor value based on its PEG Ratio (3x)
Price to Book Ratio
PB vs Industry: 002409 is overvalued based on its PB Ratio (8.1x) compared to the CN Chemicals industry average (3.6x).
How is Jiangsu Yoke Technology forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 002409's forecast earnings growth (29.1% per year) is above the savings rate (3.3%).
Earnings vs Market: 002409's earnings (29.1% per year) are forecast to grow faster than the CN market (22.8% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: 002409's revenue (22.1% per year) is forecast to grow faster than the CN market (18.1% per year).
High Growth Revenue: 002409's revenue (22.1% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 002409's Return on Equity is forecast to be low in 3 years time (13.8%).
How has Jiangsu Yoke Technology performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 002409 has a high level of non-cash earnings.
Growing Profit Margin: 002409's current net profit margins (14.1%) are lower than last year (21.2%).
Past Earnings Growth Analysis
Earnings Trend: 002409's earnings have grown significantly by 46.7% per year over the past 5 years.
Accelerating Growth: 002409's earnings growth over the past year (10.1%) is below its 5-year average (46.7% per year).
Earnings vs Industry: 002409 earnings growth over the past year (10.1%) underperformed the Chemicals industry 36.7%.
Return on Equity
High ROE: 002409's Return on Equity (9%) is considered low.
How is Jiangsu Yoke Technology's financial position?
Financial Position Analysis
Short Term Liabilities: 002409's short term assets (CN¥2.1B) exceed its short term liabilities (CN¥1.0B).
Long Term Liabilities: 002409's short term assets (CN¥2.1B) exceed its long term liabilities (CN¥157.6M).
Debt to Equity History and Analysis
Debt Level: 002409's debt to equity ratio (8%) is considered satisfactory.
Reducing Debt: 002409's debt to equity ratio has increased from 0.01% to 8% over the past 5 years.
Debt Coverage: 002409's debt is well covered by operating cash flow (62.8%).
Interest Coverage: 002409 earns more interest than it pays, so coverage of interest payments is not a concern.
What is Jiangsu Yoke Technology current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 002409's dividend (0.22%) isn’t notable compared to the bottom 25% of dividend payers in the CN market (0.4%).
High Dividend: 002409's dividend (0.22%) is low compared to the top 25% of dividend payers in the CN market (1.75%).
Stability and Growth of Payments
Stable Dividend: 002409's dividend payments have been volatile in the past 10 years.
Growing Dividend: 002409's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (18.8%), 002409's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: 002409's dividends in 3 years are forecast to be well covered by earnings (15% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Jiangsu Yoke Technology has no CEO, or we have no data on them.
Experienced Board: 002409's board of directors are not considered experienced ( 1.3 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 2.8%.
Jiangsu Yoke Technology Co., Ltd.'s company bio, employee growth, exchange listings and data sources
- Name: Jiangsu Yoke Technology Co., Ltd.
- Ticker: 2409
- Exchange: SZSE
- Founded: 1997
- Industry: Commodity Chemicals
- Sector: Materials
- Market Cap: CN¥39.683b
- Shares outstanding: 475.93m
- Website: https://www.yokechem.com
Number of Employees
- Jiangsu Yoke Technology Co., Ltd.
- Yixing Economic Development Zone
- No. 16, Jingxi North Road
- Jiangsu Province
Jiangsu Yoke Technology Co., Ltd. engages in the production and sale of electronic materials, liquefied natural gas (LNG) insulation boards, and flame retardants. The company offers semiconductor precursor...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/09/16 09:04|
|End of Day Share Price||2021/09/16 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.