Yongxing Special Materials Technology Co., Ltd. More Details
Excellent balance sheet with reasonable growth potential.
Share Price & News
How has Yongxing Special Materials Technology's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 002756 is more volatile than 90% of CN stocks over the past 3 months, typically moving +/- 11% a week.
Volatility Over Time: 002756's weekly volatility (11%) has been stable over the past year, but is still higher than 75% of CN stocks.
7 Day Return
CN Metals and Mining
1 Year Return
CN Metals and Mining
Return vs Industry: 002756 exceeded the CN Metals and Mining industry which returned 47% over the past year.
Return vs Market: 002756 exceeded the CN Market which returned 25.4% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Yongxing Special Materials Technology's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Yongxing Special Materials Technology undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: 002756 (CN¥62.58) is trading below our estimate of fair value (CN¥130.24)
Significantly Below Fair Value: 002756 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 002756 is poor value based on its PE Ratio (75.2x) compared to the CN Metals and Mining industry average (28.3x).
PE vs Market: 002756 is poor value based on its PE Ratio (75.2x) compared to the CN market (30.5x).
Price to Earnings Growth Ratio
PEG Ratio: 002756 is poor value based on its PEG Ratio (1.8x)
Price to Book Ratio
PB vs Industry: 002756 is overvalued based on its PB Ratio (5.9x) compared to the CN Metals and Mining industry average (2.4x).
How is Yongxing Special Materials Technology forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 002756's forecast earnings growth (41.1% per year) is above the savings rate (3.3%).
Earnings vs Market: 002756's earnings (41.1% per year) are forecast to grow faster than the CN market (21.1% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: 002756's revenue (13.7% per year) is forecast to grow slower than the CN market (16.9% per year).
High Growth Revenue: 002756's revenue (13.7% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 002756's Return on Equity is forecast to be high in 3 years time (22.5%)
How has Yongxing Special Materials Technology performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 002756 has a large one-off gain of CN¥77.3M impacting its March 31 2021 financial results.
Growing Profit Margin: 002756's current net profit margins (5.7%) are lower than last year (6.8%).
Past Earnings Growth Analysis
Earnings Trend: 002756's earnings have grown by 3.7% per year over the past 5 years.
Accelerating Growth: 002756's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 002756 had negative earnings growth (-2.6%) over the past year, making it difficult to compare to the Metals and Mining industry average (40.5%).
Return on Equity
High ROE: 002756's Return on Equity (7%) is considered low.
How is Yongxing Special Materials Technology's financial position?
Financial Position Analysis
Short Term Liabilities: 002756's short term assets (CN¥3.2B) exceed its short term liabilities (CN¥1.0B).
Long Term Liabilities: 002756's short term assets (CN¥3.2B) exceed its long term liabilities (CN¥147.0M).
Debt to Equity History and Analysis
Debt Level: 002756's debt to equity ratio (6.4%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if 002756's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 002756's debt is well covered by operating cash flow (119.2%).
Interest Coverage: 002756 earns more interest than it pays, so coverage of interest payments is not a concern.
What is Yongxing Special Materials Technology current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 002756's dividend (0.5%) is higher than the bottom 25% of dividend payers in the CN market (0.46%).
High Dividend: 002756's dividend (0.5%) is low compared to the top 25% of dividend payers in the CN market (1.86%).
Stability and Growth of Payments
Stable Dividend: 002756 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 002756's dividend payments have increased, but the company has only paid a dividend for 5 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (37.3%), 002756'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.
How experienced are the management team and are they aligned to shareholders interests?
Mr. Xing Jiang Gao serves as the Chairman and General Manager of Yongxing Special Materials Technology Co., Ltd. (formerly known as Yongxing Special Stainless Steel Co., Ltd.)
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 12.8%.
Yongxing Special Materials Technology Co., Ltd.'s company bio, employee growth, exchange listings and data sources
- Name: Yongxing Special Materials Technology Co., Ltd.
- Ticker: 2756
- Exchange: SZSE
- Founded: 2000
- Industry: Steel
- Sector: Materials
- Market Cap: CN¥26.346b
- Shares outstanding: 405.95m
- Website: https://www.yongxingbxg.com
Number of Employees
- Yongxing Special Materials Technology Co., Ltd.
- Zhashuiqiao Road 618
- Economic and Technological Development Zone
- Zhejiang Province
Yongxing Special Materials Technology Co., Ltd. develops, produces, and sells nickel alloys and stainless steel products in China and internationally. The company offers austenitic and duplex stainless ste...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/05/07 09:26|
|End of Day Share Price||2021/05/07 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.