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2455

Jiangsu Baichuan High-Tech New MaterialsSZSE:002455 Stock Report

Market Cap

CN¥9.8b

7D

-1.1%

1Y

263.3%

Updated

24 Sep, 2021

Data

Company Financials
2455 fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance3/6
Financial Health2/6
Dividends3/6

2455 Overview

Jiangsu Baichuan High-Tech New Materials Co., Ltd.

Jiangsu Baichuan High-Tech New Materials Competitors

SKSHU PaintLtd

SHSE:603737

CN¥38.3b

Nippon Paint Holdings

TSE:4612

JP¥3.0t

Akzo Nobel

ENXTAM:AKZA

€17.8b

CPM Group

SEHK:1932

HK$450.0m

Price History & Performance

Summary of all time highs, changes and price drops for Jiangsu Baichuan High-Tech New Materials
Historical stock prices
Current Share PriceCN¥17.80
52 Week HighCN¥4.46
52 Week LowCN¥27.17
Beta-0.23
1 Month Change-19.82%
3 Month Change133.60%
1 Year Change263.27%
3 Year Change239.05%
5 Year Change89.77%
Change since IPO191.36%

Recent News & Updates

Shareholder Returns

2455CN ChemicalsCN Market
7D-1.1%-5.2%-0.2%
1Y263.3%72.4%12.9%

Return vs Industry: 002455 exceeded the CN Chemicals industry which returned 78% over the past year.

Return vs Market: 002455 exceeded the CN Market which returned 13.7% over the past year.

Price Volatility

Is 2455's price volatile compared to industry and market?
2455 volatility
2455 Beta-0.23
Industry Beta0.77
Market Beta1

Stable Share Price: 002455 is more volatile than 90% of CN stocks over the past 3 months, typically moving +/- 13% a week.

Volatility Over Time: 002455's weekly volatility (13%) has been stable over the past year, but is still higher than 75% of CN stocks.

About the Company

FoundedEmployeesCEOWebsite
n/a1,672n/ahttps://www.bcchem.com

Jiangsu Baichuan High-Tech New Materials Co., Ltd. produces and sells fine chemical products in China and internationally. Its products include acetates, acid anhydrides, plasticizer, polyatomic alcohols, insulating resins, and enamel wire paints, as well as propylene glycol ether and its esters.

Jiangsu Baichuan High-Tech New Materials Fundamentals Summary

How do Jiangsu Baichuan High-Tech New Materials's earnings and revenue compare to its market cap?
2455 fundamental statistics
Market CapCN¥9.75b
Earnings (TTM)CN¥137.31m
Revenue (TTM)CN¥3.21b

71.0x

P/E Ratio

3.0x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
2455 income statement (TTM)
RevenueCN¥3.21b
Cost of RevenueCN¥2.93b
Gross ProfitCN¥279.31m
ExpensesCN¥142.00m
EarningsCN¥137.31m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.25
Gross Margin8.69%
Net Profit Margin4.27%
Debt/Equity Ratio125.9%

How did 2455 perform over the long term?

See historical performance and comparison

Dividends

0.6%

Current Dividend Yield

36%

Payout Ratio

Valuation

Is Jiangsu Baichuan High-Tech New Materials undervalued compared to its fair value and its price relative to the market?

71.03x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: 002455 (CN¥17.8) is trading above our estimate of fair value (CN¥1.03)

Significantly Below Fair Value: 002455 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 002455 is poor value based on its PE Ratio (71x) compared to the CN Chemicals industry average (35.5x).

PE vs Market: 002455 is poor value based on its PE Ratio (71x) compared to the CN market (35.1x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 002455's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 002455 is overvalued based on its PB Ratio (6.1x) compared to the CN Chemicals industry average (3.5x).


Future Growth

How is Jiangsu Baichuan High-Tech New Materials forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

26.2%

Forecasted Materials industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Jiangsu Baichuan High-Tech New Materials has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Past Performance

How has Jiangsu Baichuan High-Tech New Materials performed over the past 5 years?

-3.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 002455 has a high level of non-cash earnings.

Growing Profit Margin: 002455's current net profit margins (4.3%) are higher than last year (1.4%).


Past Earnings Growth Analysis

Earnings Trend: 002455's earnings have declined by 3.5% per year over the past 5 years.

Accelerating Growth: 002455's earnings growth over the past year (331.5%) exceeds its 5-year average (-3.5% per year).

Earnings vs Industry: 002455 earnings growth over the past year (331.5%) exceeded the Chemicals industry 36.5%.


Return on Equity

High ROE: 002455's Return on Equity (6.8%) is considered low.


Financial Health

How is Jiangsu Baichuan High-Tech New Materials's financial position?


Financial Position Analysis

Short Term Liabilities: 002455's short term assets (CN¥2.3B) do not cover its short term liabilities (CN¥2.8B).

Long Term Liabilities: 002455's short term assets (CN¥2.3B) exceed its long term liabilities (CN¥1.2B).


Debt to Equity History and Analysis

Debt Level: 002455's debt to equity ratio (125.9%) is considered high.

Reducing Debt: 002455's debt to equity ratio has increased from 78.4% to 125.9% over the past 5 years.

Debt Coverage: 002455's debt is not well covered by operating cash flow (2%).

Interest Coverage: 002455's interest payments on its debt are well covered by EBIT (59.2x coverage).


Balance Sheet


Dividend

What is Jiangsu Baichuan High-Tech New Materials's current dividend yield, its reliability and sustainability?

0.56%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 002455's dividend (0.56%) is higher than the bottom 25% of dividend payers in the CN market (0.41%).

High Dividend: 002455's dividend (0.56%) is low compared to the top 25% of dividend payers in the CN market (1.76%).


Stability and Growth of Payments

Stable Dividend: 002455's dividend payments have been volatile in the past 10 years.

Growing Dividend: 002455's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (36%), 002455's dividend payments are well 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

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


CEO

Jiangsu Baichuan High-Tech New Materials has no CEO, or we have no data on them.


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 8.7%.


Top Shareholders

Company Information

Jiangsu Baichuan High-Tech New Materials Co., Ltd's employee growth, exchange listings and data sources


Key Information

  • Name: Jiangsu Baichuan High-Tech New Materials Co., Ltd
  • Ticker: 2455
  • Exchange: SZSE
  • Founded: NaN
  • Industry: Commodity Chemicals
  • Sector: Materials
  • Market Cap: CN¥9.753b
  • Shares outstanding: 547.91m
  • Website: https://www.bcchem.com

Number of Employees


Location

  • Jiangsu Baichuan High-Tech New Materials Co., Ltd
  • No. 55, Jianshe Road
  • Yunting Street
  • Jiangyin
  • Jiangsu Province
  • 214422
  • China

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/24 15:39
End of Day Share Price2021/09/24 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.