Zhejiang Century Huatong GroupLtd
Market Cap
CN¥49.4b
Last Updated
2021/03/04 09:03 UTC
Data Sources
Company Financials +
Executive Summary
Zhejiang Century Huatong Group Co.,Ltd engages in the auto parts and Internet games business in China and internationally. More Details
Rewards
Risk Analysis
Snowflake Analysis
Very undervalued with solid track record.
Similar Companies
Share Price & News
How has Zhejiang Century Huatong GroupLtd's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 002602 is not significantly more volatile than the rest of CN stocks over the past 3 months, typically moving +/- 7% a week.
Volatility Over Time: 002602's weekly volatility (7%) has been stable over the past year.
Market Performance
7 Day Return
7.1%
2602
-0.2%
CN Entertainment
0.5%
CN Market
1 Year Return
-42.1%
2602
-10.4%
CN Entertainment
23.2%
CN Market
Return vs Industry: 002602 underperformed the CN Entertainment industry which returned -10.4% over the past year.
Return vs Market: 002602 underperformed the CN Market which returned 23.2% over the past year.
Shareholder returns
| 2602 | Industry | Market | |
|---|---|---|---|
| 7 Day | 7.1% | -0.2% | 0.5% |
| 30 Day | 4.3% | -6.2% | 0.6% |
| 90 Day | -17.4% | -7.8% | 3.8% |
| 1 Year | -42.1%-42.1% | -9.9%-10.4% | 25.2%23.2% |
| 3 Year | -37.9%-38.5% | -31.9%-33.2% | 30.0%23.6% |
| 5 Year | 1.5%-0.1% | -46.2%-47.1% | 47.5%37.4% |
Long-Term Price Volatility Vs. Market
How volatile is Zhejiang Century Huatong GroupLtd's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Valuation
Is Zhejiang Century Huatong GroupLtd undervalued compared to its fair value and its price relative to the market?
43.9%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: 002602 (CN¥6.78) is trading below our estimate of fair value (CN¥12.09)
Significantly Below Fair Value: 002602 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 002602 is good value based on its PE Ratio (14.9x) compared to the CN Entertainment industry average (33.6x).
PE vs Market: 002602 is good value based on its PE Ratio (14.9x) compared to the CN market (34.9x).
Price to Earnings Growth Ratio
PEG Ratio: 002602 is good value based on its PEG Ratio (0.7x)
Price to Book Ratio
PB vs Industry: 002602 is good value based on its PB Ratio (1.7x) compared to the CN Entertainment industry average (2.7x).
Next Steps
Future Growth
How is Zhejiang Century Huatong GroupLtd forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
21.8%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 002602's forecast earnings growth (21.8% per year) is above the savings rate (3.3%).
Earnings vs Market: 002602's earnings (21.8% per year) are forecast to grow slower than the CN market (25.1% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: 002602's revenue (14.1% per year) is forecast to grow slower than the CN market (18.4% per year).
High Growth Revenue: 002602's revenue (14.1% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 002602's Return on Equity is forecast to be low in 3 years time (13.8%).
Next Steps
Past Performance
How has Zhejiang Century Huatong GroupLtd performed over the past 5 years?
37.7%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 002602 has high quality earnings.
Growing Profit Margin: 002602's current net profit margins (17.5%) are higher than last year (7.1%).
Past Earnings Growth Analysis
Earnings Trend: 002602's earnings have grown significantly by 37.7% per year over the past 5 years.
Accelerating Growth: 002602's earnings growth over the past year (171.6%) exceeds its 5-year average (37.7% per year).
Earnings vs Industry: 002602 earnings growth over the past year (171.6%) exceeded the Entertainment industry 11.8%.
Return on Equity
High ROE: 002602's Return on Equity (10.2%) is considered low.
Next Steps
Financial Health
How is Zhejiang Century Huatong GroupLtd's financial position?
Financial Position Analysis
Short Term Liabilities: 002602's short term assets (CN¥11.9B) exceed its short term liabilities (CN¥7.2B).
Long Term Liabilities: 002602's short term assets (CN¥11.9B) exceed its long term liabilities (CN¥4.1B).
Debt to Equity History and Analysis
Debt Level: 002602's debt to equity ratio (25%) is considered satisfactory.
Reducing Debt: 002602's debt to equity ratio has increased from 10.1% to 25% over the past 5 years.
Debt Coverage: 002602's debt is well covered by operating cash flow (41.3%).
Interest Coverage: 002602's interest payments on its debt are well covered by EBIT (1626.3x coverage).
Balance Sheet
Next Steps
Dividend
What is Zhejiang Century Huatong GroupLtd current dividend yield, its reliability and sustainability?
11.53%
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate 002602's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate 002602's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if 002602's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if 002602's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: 002602 is not paying a notable dividend for the CN market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of 002602's dividend in 3 years as they are not forecast to pay a notable one for the CN market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
12.5yrs
Average management tenure
CEO
Ji Wang (49 yo)
no data
Tenure
Mr. Ji Wang serves as the Chief Executive Officer and Non-Independent Director at Zhejiang Century Huatong Group Co.,Ltd (formerly known as Zhejiang Century Huatong Automotive Part Co., Ltd).
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Vice Chairman & President | 12.5yrs | CN¥1.00m | no data | |
| Group Chief Financial Officer | 12.5yrs | CN¥600.00k | no data | |
| Deputy General Manager and Director | 12.5yrs | no data | no data | |
| Deputy General Manager | 12.5yrs | CN¥1.00m | no data | |
| Deputy General Manager | 12.5yrs | CN¥1.00m | no data | |
| Deputy General Manager | 12.5yrs | CN¥1.00m | no data | |
| Deputy General Manager | 12.5yrs | CN¥1.00m | no data | |
| CEO & Non-Independent Director | no data | no data | 5.35% CN¥ 2.6b | |
| Chief Operating Officer | no data | no data | no data | |
| VP & Group Director | no data | no data | 5.07% CN¥ 2.5b | |
| Secretary of the Board | 1.17yrs | no data | no data |
12.5yrs
Average Tenure
45yo
Average Age
Experienced Management: 002602's management team is seasoned and experienced (12.5 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Vice Chairman & President | 12.5yrs | CN¥1.00m | no data | |
| Deputy General Manager and Director | 12.5yrs | no data | no data | |
| CEO & Non-Independent Director | no data | no data | 5.35% CN¥ 2.6b | |
| VP & Group Director | no data | no data | 5.07% CN¥ 2.5b | |
| Group Chairman | 15.42yrs | CN¥1.00m | 0.88% CN¥ 432.8m | |
| Non-Independent Director | no data | no data | no data | |
| Independent Director | 7.83yrs | CN¥46.70k | no data | |
| Independent Director | no data | no data | no data | |
| Independent Director | no data | no data | no data | |
| Member of Supervisory Board | no data | no data | no data | |
| Chairman of the Supervisory Board | 12.5yrs | CN¥600.00k | no data | |
| Supervisory Board Chairman | no data | no data | 0.0010% CN¥ 513.3k |
12.5yrs
Average Tenure
42.5yo
Average Age
Experienced Board: 002602's board of directors are seasoned and experienced ( 12.5 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 been diluted in the past year, with total shares outstanding growing by 4.6%.
Top Shareholders
Company Information
Zhejiang Century Huatong Group Co.,Ltd's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Zhejiang Century Huatong Group Co.,Ltd
- Ticker: 2602
- Exchange: SZSE
- Founded: 2005
- Industry: Interactive Home Entertainment
- Sector: Media
- Market Cap: CN¥49.353b
- Shares outstanding: 7.36b
- Website: https://www.sjhuatong.com
Number of Employees
Location
- Zhejiang Century Huatong Group Co.,Ltd
- No. 66, Yueai Road
- Caoe Sub-district
- Shaoxing
- Zhejiang Province
- 312300
- China
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| 2602 | SZSE (Shenzhen Stock Exchange) | Yes | Domestic Shares | CN | CNY | Jul 2011 |
| 2602 | XSEC (Shenzhen Stock Exchange - Shenzhen-Hong Kong Stock Connect) | Yes | Domestic Shares | CN | CNY | Jul 2011 |
Biography
Zhejiang Century Huatong Group Co.,Ltd engages in the auto parts and Internet games business in China and internationally. The company manufactures and sells plastic parts and associated molds for vehicles...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/03/04 09:03 |
| End of Day Share Price | 2021/03/04 00:00 |
| Earnings | 2020/09/30 |
| Annual Earnings | 2019/12/31 |
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.