600989 Stock Overview
Ningxia Baofeng Energy Group Co., Ltd. produces, processes, and sells coal mining, washing, coking, coal tar, crude benzene, C4 deep-processed, methanol, and olefin products.
Ningxia Baofeng Energy Group Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||CN¥13.83|
|52 Week High||CN¥19.69|
|52 Week Low||CN¥11.98|
|1 Month Change||-0.43%|
|3 Month Change||-0.43%|
|1 Year Change||-22.04%|
|3 Year Change||36.53%|
|5 Year Change||n/a|
|Change since IPO||34.53%|
Recent News & Updates
|600989||CN Chemicals||CN Market|
Return vs Industry: 600989 underperformed the CN Chemicals industry which returned -7.9% over the past year.
Return vs Market: 600989 underperformed the CN Market which returned -11.4% over the past year.
|600989 Average Weekly Movement||4.7%|
|Chemicals Industry Average Movement||6.2%|
|Market Average Movement||6.0%|
|10% most volatile stocks in CN Market||9.2%|
|10% least volatile stocks in CN Market||3.9%|
Stable Share Price: 600989 is less volatile than 75% of CN stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: 600989's weekly volatility (5%) has been stable over the past year.
About the Company
Ningxia Baofeng Energy Group Co., Ltd. produces, processes, and sells coal mining, washing, coking, coal tar, crude benzene, C4 deep-processed, methanol, and olefin products. Its products include polyethylene, polypropylene, coke, benzene, asphalt, and MTBE.
Ningxia Baofeng Energy Group Fundamentals Summary
|600989 fundamental statistics|
Is 600989 overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|600989 income statement (TTM)|
|Cost of Revenue||CN¥0|
Last Reported Earnings
Jun 30, 2022
Next Earnings Date
|Earnings per share (EPS)||0.97|
|Net Profit Margin||28.54%|
How did 600989 perform over the long term?See historical performance and comparison
2.3%Current Dividend Yield
Is 600989 undervalued compared to its fair value, analyst forecasts and its price relative to the market?
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
Key Valuation Metric
Which metric is best to use when looking at relative valuation for 600989?
Other financial metrics that can be useful for relative valuation.
|What is 600989's n/a Ratio?|
Price to Earnings Ratio vs Peers
How does 600989's PE Ratio compare to its peers?
|600989 PE Ratio vs Peers|
|Company||PE||Estimated Growth||Market Cap|
600596 Zhejiang Xinan Chemical Industrial GroupLtd
002597 Anhui Jinhe IndustrialLtd
002581 Shandong Sinobioway Biomedicine
603659 Shanghai Putailai New Energy TechnologyLtd
600989 Ningxia Baofeng Energy Group
Price-To-Earnings vs Peers: 600989 is good value based on its Price-To-Earnings Ratio (14.3x) compared to the peer average (28.4x).
Price to Earnings Ratio vs Industry
How does 600989's PE Ratio compare vs other companies in the CN Chemicals Industry?
Price-To-Earnings vs Industry: 600989 is good value based on its Price-To-Earnings Ratio (14.3x) compared to the CN Chemicals industry average (29.8x)
Price to Earnings Ratio vs Fair Ratio
What is 600989'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.
|Current PE Ratio||14.3x|
|Fair PE Ratio||33.4x|
Price-To-Earnings vs Fair Ratio: 600989 is good value based on its Price-To-Earnings Ratio (14.3x) compared to the estimated Fair Price-To-Earnings Ratio (33.4x).
Share Price vs Fair Value
What is the Fair Price of 600989 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: 600989 (CN¥13.83) is trading below our estimate of fair value (CN¥33.74)
Significantly Below Fair Value: 600989 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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How is Ningxia Baofeng Energy Group forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?
Future Growth Score6/6
Future Growth Score 6/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 600989's forecast earnings growth (33.9% per year) is above the savings rate (3.2%).
Earnings vs Market: 600989's earnings (33.9% per year) are forecast to grow faster than the CN market (24.6% per year).
High Growth Earnings: 600989's earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: 600989's revenue (29.8% per year) is forecast to grow faster than the CN market (17.8% per year).
High Growth Revenue: 600989's revenue (29.8% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 600989's Return on Equity is forecast to be high in 3 years time (25.3%)
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How has Ningxia Baofeng Energy Group performed over the past 5 years?
Past Performance Score5/6
Past Performance Score 5/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 600989 has high quality earnings.
Growing Profit Margin: 600989's current net profit margins (28.5%) are lower than last year (32%).
Past Earnings Growth Analysis
Earnings Trend: 600989's earnings have grown significantly by 21% per year over the past 5 years.
Accelerating Growth: 600989's earnings growth over the past year (28.2%) exceeds its 5-year average (21% per year).
Earnings vs Industry: 600989 earnings growth over the past year (28.2%) exceeded the Chemicals industry 22.3%.
Return on Equity
High ROE: 600989's Return on Equity (21.9%) is considered high.
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How is Ningxia Baofeng Energy Group's financial position?
Financial Health Score4/6
Financial Health Score 4/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: 600989's short term assets (CN¥4.0B) do not cover its short term liabilities (CN¥7.4B).
Long Term Liabilities: 600989's short term assets (CN¥4.0B) do not cover its long term liabilities (CN¥6.9B).
Debt to Equity History and Analysis
Debt Level: 600989's net debt to equity ratio (20.1%) is considered satisfactory.
Reducing Debt: 600989's debt to equity ratio has reduced from 103.4% to 24.7% over the past 5 years.
Debt Coverage: 600989's debt is well covered by operating cash flow (77.3%).
Interest Coverage: 600989's interest payments on its debt are well covered by EBIT (81.5x coverage).
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What is Ningxia Baofeng Energy Group current dividend yield, its reliability and sustainability?
Dividend Score 3/6
Cash Flow Coverage
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 600989's dividend (2.32%) is higher than the bottom 25% of dividend payers in the CN market (0.46%).
High Dividend: 600989's dividend (2.32%) is in the top 25% of dividend payers in the CN market (1.91%)
Stability and Growth of Payments
Stable Dividend: 600989 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 600989 has only been paying a dividend for 3 years, and since then payments have fallen.
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (33.2%), 600989's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (2306.9%), 600989's dividend payments are not well covered by cash flows.
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How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Yuanguan Liu (55 yo)
Mr. Yuanguan Liu has been an Executive Director of China Baofeng (International) Limited (formerly known as Mastercraft International Holdings Limited) since January 30, 2016. Mr. Liu serves as Chief Execu...
Experienced Management: 600989's management team is seasoned and experienced (6.9 years average tenure).
Experienced Board: 600989's board of directors are considered experienced (5.3 years average tenure).
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 not been meaningfully diluted in the past year.
Ningxia Baofeng Energy Group Co., Ltd.'s employee growth, exchange listings and data sources
- Name: Ningxia Baofeng Energy Group Co., Ltd.
- Ticker: 600989
- Exchange: XSSC
- Founded: 2005
- Industry: Diversified Chemicals
- Sector: Materials
- Implied Market Cap: CN¥101.150b
- Shares outstanding: 7.31b
- Website: https://www.baofengenergy.com
Number of Employees
- Ningxia Baofeng Energy Group Co., Ltd.
- Baofeng Energy Circular Economy Ind Park
- Ningdong Energy Chemical Base
- Ningxia Hui Province
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/08/10 00:00|
|End of Day Share Price||2022/08/09 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.