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2585

Jiangsu Shuangxing Color Plastic New Materials XSEC:002585 Stock Report

Last Price

CN¥26.05

Market Cap

CN¥29.8b

7D

0.5%

1Y

10.2%

Updated

10 Aug, 2022

Data

Company Financials +
2585 fundamental analysis
Snowflake Score
Valuation5/6
Future Growth6/6
Past Performance4/6
Financial Health6/6
Dividends3/6

2585 Stock Overview

Jiangsu Shuangxing Color Plastic New Materials Co., Ltd.

Jiangsu Shuangxing Color Plastic New Materials Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Jiangsu Shuangxing Color Plastic New Materials
Historical stock prices
Current Share PriceCN¥26.05
52 Week HighCN¥30.37
52 Week LowCN¥11.47
Beta0.59
1 Month Change52.16%
3 Month Change80.15%
1 Year Change10.24%
3 Year Change461.42%
5 Year Changen/a
Change since IPO400.00%

Recent News & Updates

Shareholder Returns

2585CN PackagingCN Market
7D0.5%3.4%3.3%
1Y10.2%-5.5%-11.4%

Return vs Industry: 002585 exceeded the CN Packaging industry which returned -5.5% over the past year.

Return vs Market: 002585 exceeded the CN Market which returned -11.4% over the past year.

Price Volatility

Is 2585's price volatile compared to industry and market?
2585 volatility
2585 Average Weekly Movement7.4%
Packaging Industry Average Movement5.1%
Market Average Movement6.0%
10% most volatile stocks in CN Market9.2%
10% least volatile stocks in CN Market3.9%

Stable Share Price: 002585 is not significantly more volatile than the rest of CN stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: 002585's weekly volatility (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19972,071Peifu Wuhttps://www.cpp.com.cn

Jiangsu Shuangxing Color Plastic New Materials Co., Ltd. engages in the research, development, production, import, export, and sale of polymer composite products in China. It provides optical materials, such as optical films, diffusion films, prism films, micro-permeable films, optical composite films, micro transparent membranes, brightening, protective films, back coating films that are used in liquid crystal displays, smart phones, touch panels, and other markets.

Jiangsu Shuangxing Color Plastic New Materials Fundamentals Summary

How do Jiangsu Shuangxing Color Plastic New Materials's earnings and revenue compare to its market cap?
2585 fundamental statistics
Market CapCN¥29.79b
Earnings (TTM)CN¥1.50b
Revenue (TTM)CN¥6.77b

19.9x

P/E Ratio

4.4x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
2585 income statement (TTM)
RevenueCN¥6.77b
Cost of RevenueCN¥4.74b
Gross ProfitCN¥2.03b
Other ExpensesCN¥535.56m
EarningsCN¥1.50b

Last Reported Earnings

Jun 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)1.31
Gross Margin29.99%
Net Profit Margin22.08%
Debt/Equity Ratio0.0%

How did 2585 perform over the long term?

See historical performance and comparison

Dividends

1.2%

Current Dividend Yield

23%

Payout Ratio
We’ve recently updated our valuation analysis.

Valuation

Is 2585 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

5/6

Valuation Score 5/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 2585?

Other financial metrics that can be useful for relative valuation.

2585 key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue4.3x
Enterprise Value/EBITDA14.4x
PEG Ratio0.5x

Price to Earnings Ratio vs Peers

How does 2585's PE Ratio compare to its peers?

2585 PE Ratio vs Peers
The above table shows the PE ratio for 2585 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average20.3x
002831 ShenZhen YUTO Packaging Technology
23.3x25.2%CN¥24.9b
002191 Shenzhen Jinjia GroupLtd
12x20.2%CN¥12.8b
002859 Zhejiang Jiemei Electronic And Technology
34.2x30.8%CN¥11.2b
601515 Shantou Dongfeng Printing
12x19.1%CN¥7.9b
002585 Jiangsu Shuangxing Color Plastic New Materials
19.9x38.0%CN¥29.8b

Price-To-Earnings vs Peers: 002585 is good value based on its Price-To-Earnings Ratio (19.9x) compared to the peer average (20.3x).


Price to Earnings Ratio vs Industry

How does 2585's PE Ratio compare vs other companies in the CN Packaging Industry?

Price-To-Earnings vs Industry: 002585 is good value based on its Price-To-Earnings Ratio (19.9x) compared to the CN Packaging industry average (30.8x)


Price to Earnings Ratio vs Fair Ratio

What is 2585's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

2585 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio19.9x
Fair PE Ratio32.1x

Price-To-Earnings vs Fair Ratio: 002585 is good value based on its Price-To-Earnings Ratio (19.9x) compared to the estimated Fair Price-To-Earnings Ratio (32.1x).


Share Price vs Fair Value

What is the Fair Price of 2585 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 002585 (CN¥26.05) is trading below our estimate of fair value (CN¥133.39)

Significantly Below Fair Value: 002585 is trading below fair value by more than 20%.


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.


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Future Growth

How is Jiangsu Shuangxing Color Plastic New Materials forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?

Future Growth Score

6/6

Future Growth Score 6/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


38.0%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 002585's forecast earnings growth (38% per year) is above the savings rate (3.2%).

Earnings vs Market: 002585's earnings (38% per year) are forecast to grow faster than the CN market (24.6% per year).

High Growth Earnings: 002585's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: 002585's revenue (32.6% per year) is forecast to grow faster than the CN market (17.8% per year).

High Growth Revenue: 002585's revenue (32.6% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: 002585's Return on Equity is forecast to be high in 3 years time (23.7%)


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Past Performance

How has Jiangsu Shuangxing Color Plastic New Materials performed over the past 5 years?

Past Performance Score

4/6

Past Performance Score 4/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


53.1%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: 002585 has high quality earnings.

Growing Profit Margin: 002585's current net profit margins (22.1%) are higher than last year (19.7%).


Past Earnings Growth Analysis

Earnings Trend: 002585's earnings have grown significantly by 53.1% per year over the past 5 years.

Accelerating Growth: 002585's earnings growth over the past year (36.9%) is below its 5-year average (53.1% per year).

Earnings vs Industry: 002585 earnings growth over the past year (36.9%) exceeded the Packaging industry -6.8%.


Return on Equity

High ROE: 002585's Return on Equity (15.3%) is considered low.


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Financial Health

How is Jiangsu Shuangxing Color Plastic New Materials's financial position?

Financial Health Score

6/6

Financial Health Score 6/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: 002585's short term assets (CN¥5.4B) exceed its short term liabilities (CN¥2.3B).

Long Term Liabilities: 002585's short term assets (CN¥5.4B) exceed its long term liabilities (CN¥26.3M).


Debt to Equity History and Analysis

Debt Level: 002585 is debt free.

Reducing Debt: 002585 has no debt compared to 5 years ago when its debt to equity ratio was 10.8%.

Debt Coverage: 002585 has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: 002585 has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


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Dividend

What is Jiangsu Shuangxing Color Plastic New Materials's current dividend yield, its reliability and sustainability?

Dividend Score

3/6

Dividend Score 3/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage


1.15%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: 002585's dividend (1.15%) is higher than the bottom 25% of dividend payers in the CN market (0.46%).

High Dividend: 002585's dividend (1.15%) is low compared to the top 25% of dividend payers in the CN market (1.91%).


Stability and Growth of Payments

Stable Dividend: 002585's dividend payments have been volatile in the past 10 years.

Growing Dividend: 002585's dividend payments have increased over the past 10 years.


Earnings Payout to Shareholders

Earnings Coverage: With its low payout ratio (23%), 002585's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: 002585 is paying a dividend but the company has no free cash flows.


Discover strong dividend paying companies

Management

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

9.3yrs

Average board tenure


CEO

Peifu Wu (61 yo)

no data

Tenure

CN¥680,000

Compensation

Mr. Peifu Wu serves as Chairman of The Board of Directors and General Manager of Jiangsu Shuangxing Color Plastic New Materials Co., Ltd.


Board Members

Experienced Board: 002585's board of directors are considered experienced (9.3 years average tenure).


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 not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Jiangsu Shuangxing Color Plastic New Materials Co., Ltd.'s employee growth, exchange listings and data sources


Key Information

  • Name: Jiangsu Shuangxing Color Plastic New Materials Co., Ltd.
  • Ticker: 2585
  • Exchange: XSEC
  • Founded: 1997
  • Industry: Paper Packaging
  • Sector: Materials
  • Implied Market Cap: CN¥29.792b
  • Shares outstanding: 1.14b
  • Website: https://www.cpp.com.cn

Number of Employees


Location

  • Jiangsu Shuangxing Color Plastic New Materials Co., Ltd.
  • No. 1, Jingtou Street
  • Color Sculpture Industrial Park
  • Suqian
  • Jiangsu Province
  • 223808
  • China

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/08/10 00:00
End of Day Share Price2022/08/09 00:00
Earnings2022/06/30
Annual Earnings2021/12/31


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.