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3022

Levima Advanced MaterialsSZSE:003022 Stock Report

Market Cap

CN¥85.3b

7D

-16.5%

1Y

n/a

Updated

23 Sep, 2021

Data

Company Financials +
3022 fundamental analysis
Snowflake Score
Valuation0/6
Future Growth2/6
Past Performance5/6
Financial Health3/6
Dividends1/6

3022 Overview

Levima Advanced Materials Corporation engages in the research and development, manufacture, and sale of advanced materials and specialty chemicals.

Price History & Performance

Summary of all time highs, changes and price drops for Levima Advanced Materials
Historical stock prices
Current Share PriceCN¥63.84
52 Week HighCN¥10.58
52 Week LowCN¥78.80
Beta0
1 Month Change37.65%
3 Month Change93.98%
1 Year Changen/a
3 Year Changen/a
5 Year Changen/a
Change since IPO402.98%

Recent News & Updates

Shareholder Returns

3022CN ChemicalsCN Market
7D-16.5%-2.2%0.6%
1Yn/a78.0%13.7%

Return vs Industry: Insufficient data to determine how 003022 performed against the CN Chemicals industry.

Return vs Market: Insufficient data to determine how 003022 performed against the CN Market.

Price Volatility

Is 3022's price volatile compared to industry and market?
3022 volatility
3022 Beta0
Industry Beta0.77
Market Beta1

Stable Share Price: 003022 is more volatile than 90% of CN stocks over the past 3 months, typically moving +/- 11% a week.

Volatility Over Time: 003022's weekly volatility (11%) has been stable over the past year, but is still higher than 75% of CN stocks.

About the Company

FoundedEmployeesCEOWebsite
n/a1,045Zheng Yue'minghttps://www.levima.cn

Levima Advanced Materials Corporation engages in the research and development, manufacture, and sale of advanced materials and specialty chemicals. It offers high-end EVA copolymers, customized polypropylene materials, ethylene oxide, ethylene oxide derivatives, etc., as well as polycarboxylate water reducers and nonionic surfactants. The company’s products are used in plastics, photovoltaic, cables, household chemicals, textiles, building construction, roads and bridges, leather, painting, and other fields.

Levima Advanced Materials Fundamentals Summary

How do Levima Advanced Materials's earnings and revenue compare to its market cap?
3022 fundamental statistics
Market CapCN¥85.26b
Earnings (TTM)CN¥952.35m
Revenue (TTM)CN¥7.15b

89.5x

P/E Ratio

11.9x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
3022 income statement (TTM)
RevenueCN¥7.15b
Cost of RevenueCN¥5.36b
Gross ProfitCN¥1.79b
ExpensesCN¥837.02m
EarningsCN¥952.35m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.78
Gross Margin25.03%
Net Profit Margin13.32%
Debt/Equity Ratio84.5%

How did 3022 perform over the long term?

See historical performance and comparison

Dividends

0.2%

Current Dividend Yield

20%

Payout Ratio

Valuation

Is Levima Advanced Materials undervalued compared to its fair value and its price relative to the market?

89.53x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: 003022 (CN¥63.84) is trading above our estimate of fair value (CN¥40.44)

Significantly Below Fair Value: 003022 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 003022 is poor value based on its PE Ratio (89.5x) compared to the CN Chemicals industry average (35.4x).

PE vs Market: 003022 is poor value based on its PE Ratio (89.5x) compared to the CN market (34.7x).


Price to Earnings Growth Ratio

PEG Ratio: 003022 is poor value based on its PEG Ratio (4.6x)


Price to Book Ratio

PB vs Industry: 003022 is overvalued based on its PB Ratio (14.7x) compared to the CN Chemicals industry average (3.5x).


Future Growth

How is Levima Advanced Materials forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?

19.6%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 003022's forecast earnings growth (19.6% per year) is above the savings rate (3.3%).

Earnings vs Market: 003022's earnings (19.6% per year) are forecast to grow slower than the CN market (22.7% per year).

High Growth Earnings: 003022's earnings are forecast to grow, but not significantly.

Revenue vs Market: 003022's revenue (10.4% per year) is forecast to grow slower than the CN market (18.1% per year).

High Growth Revenue: 003022's revenue (10.4% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: 003022's Return on Equity is forecast to be very high in 3 years time (45.4%).


Past Performance

How has Levima Advanced Materials performed over the past 5 years?

35.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 003022 has high quality earnings.

Growing Profit Margin: 003022's current net profit margins (13.3%) are higher than last year (9.6%).


Past Earnings Growth Analysis

Earnings Trend: 003022's earnings have grown significantly by 35.3% per year over the past 5 years.

Accelerating Growth: 003022's earnings growth over the past year (78.8%) exceeds its 5-year average (35.3% per year).

Earnings vs Industry: 003022 earnings growth over the past year (78.8%) exceeded the Chemicals industry 36.5%.


Return on Equity

High ROE: 003022's Return on Equity (16.4%) is considered low.


Financial Health

How is Levima Advanced Materials's financial position?


Financial Position Analysis

Short Term Liabilities: 003022's short term assets (CN¥3.7B) do not cover its short term liabilities (CN¥4.4B).

Long Term Liabilities: 003022's short term assets (CN¥3.7B) exceed its long term liabilities (CN¥2.0B).


Debt to Equity History and Analysis

Debt Level: 003022's debt to equity ratio (84.5%) is considered high.

Reducing Debt: Insufficient data to determine if 003022's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: 003022's debt is well covered by operating cash flow (27%).

Interest Coverage: 003022's interest payments on its debt are well covered by EBIT (9.7x coverage).


Balance Sheet


Dividend

What is Levima Advanced Materials's current dividend yield, its reliability and sustainability?

0.24%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 003022's dividend (0.24%) isn’t notable compared to the bottom 25% of dividend payers in the CN market (0.41%).

High Dividend: 003022's dividend (0.24%) is low compared to the top 25% of dividend payers in the CN market (1.78%).


Stability and Growth of Payments

Stable Dividend: Too early to tell whether 003022's dividend payments have been stable as they only just started paying a dividend.

Growing Dividend: Too early to tell if 003022's dividend payments are increasing as they only just started paying a dividend.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (19.8%), 003022'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?

0.08yrs

Average board tenure


CEO

Zheng Yue'ming (54 yo)

no data

Tenure

Mr. Zheng Yue'ming serves as the Chairman and chief Executive Officer at Levima Group Co., Ltd. Mr. Zheng serves as the President and Chief Executive Officer of Levima Advanced Materials Corporation. He ha...


Board Members

Experienced Board: 003022's board of directors are not considered experienced ( 0.1 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: 003022 only recently listed within the past 12 months.


Top Shareholders

Company Information

Levima Advanced Materials Corporation's employee growth, exchange listings and data sources


Key Information

  • Name: Levima Advanced Materials Corporation
  • Ticker: 3022
  • Exchange: SZSE
  • Founded: NaN
  • Industry: Specialty Chemicals
  • Sector: Materials
  • Market Cap: CN¥85.263b
  • Shares outstanding: 1.34b
  • Website: https://www.levima.cn

Number of Employees


Location

  • Levima Advanced Materials Corporation
  • South Building
  • Tower C, Rooms 1606-1609
  • Beijing
  • 100190
  • China

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/23 16:05
End of Day Share Price2021/09/23 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.