Levima Advanced Materials Corporation engages in the research and development, manufacture, and sale of advanced materials and specialty chemicals.
Price History & Performance
|Historical stock prices|
|Current Share Price||CN¥63.84|
|52 Week High||CN¥10.58|
|52 Week Low||CN¥78.80|
|1 Month Change||37.65%|
|3 Month Change||93.98%|
|1 Year Change||n/a|
|3 Year Change||n/a|
|5 Year Change||n/a|
|Change since IPO||402.98%|
Recent News & Updates
|3022||CN Chemicals||CN Market|
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.
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
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
|3022 fundamental statistics|
Is 3022 overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|3022 income statement (TTM)|
|Cost of Revenue||CN¥5.36b|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||0.78|
|Net Profit Margin||13.32%|
How did 3022 perform over the long term?See historical performance and comparison
0.2%Current Dividend Yield
Is Levima Advanced Materials 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: 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).
How is Levima Advanced Materials 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: 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%).
How has Levima Advanced Materials performed over the past 5 years?
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.
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).
What is Levima Advanced Materials's current dividend yield, its reliability and sustainability?
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.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Zheng Yue'ming (54 yo)
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...
Experienced Board: 003022's board of directors are not considered experienced ( 0.1 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: 003022 only recently listed within the past 12 months.
Levima Advanced Materials Corporation's employee growth, exchange listings and data sources
- 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
- Levima Advanced Materials Corporation
- South Building
- Tower C, Rooms 1606-1609
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/09/23 16:05|
|End of Day Share Price||2021/09/23 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.