2409

Jiangsu Yoke TechnologySZSE:002409 Stock Report

Market Cap

CN¥39.7b

7D

1.2%

1Y

48.4%

Updated

16 Sep, 2021

Data

Company Financials +
2409 fundamental analysis
Snowflake Score
Valuation0/6
Future Growth5/6
Past Performance1/6
Financial Health5/6
Dividends3/6

2409 Overview

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.


Market Performance


7 Day Return

1.2%

2409

5.4%

CN Chemicals

-0.7%

CN Market


1 Year Return

48.4%

2409

79.5%

CN Chemicals

12.4%

CN Market

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.


Shareholder returns

2409IndustryMarket
7 Day1.2%5.4%-0.7%
30 Day-6.2%19.9%4.4%
90 Day15.1%44.0%3.7%
1 Year48.8%48.4%81.6%79.5%14.1%12.4%
3 Year417.6%412.8%164.9%152.8%73.5%64.6%
5 Year253.5%249.7%95.3%84.3%32.3%23.0%

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

How do Jiangsu Yoke Technology's earnings and revenue compare to its market cap?
2409 fundamental statistics
Market CapCN¥39.68b
Earnings (TTM)CN¥444.25m
Revenue (TTM)CN¥3.15b

87.5x

P/E Ratio

12.4x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
2409 income statement (TTM)
RevenueCN¥3.15b
Cost of RevenueCN¥2.20b
Gross ProfitCN¥944.93m
ExpensesCN¥500.69m
EarningsCN¥444.25m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.96
Gross Margin30.02%
Net Profit Margin14.11%
Debt/Equity Ratio8.0%

How did 2409 perform over the long term?

See historical performance and comparison

Dividends

0.2%

Current Dividend Yield

19%

Payout Ratio

Valuation

Is Jiangsu Yoke Technology undervalued compared to its fair value and its price relative to the market?

87.52x

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).


Future Growth

How is Jiangsu Yoke Technology forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?

29.1%

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%).


Past Performance

How has Jiangsu Yoke Technology performed over the past 5 years?

46.7%

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.


Financial Health

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.


Balance Sheet


Dividend

What is Jiangsu Yoke Technology current dividend yield, its reliability and sustainability?

0.22%

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).


Next Steps

Management

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

1.3yrs

Average board tenure


CEO

Jiangsu Yoke Technology has no CEO, or we have no data on them.


Board Members

Experienced Board: 002409's board of directors are not considered experienced ( 1.3 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 2.8%.


Top Shareholders

Company Information

Jiangsu Yoke Technology Co., Ltd.'s company bio, employee growth, exchange listings and data sources


Key Information

  • 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


Location

  • Jiangsu Yoke Technology Co., Ltd.
  • Yixing Economic Development Zone
  • No. 16, Jingxi North Road
  • Wuxi
  • Jiangsu Province
  • 214203
  • China

Listings


Biography

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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/16 09:04
End of Day Share Price2021/09/16 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


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.