2858

Shanghai Lisheng RacingLtdSZSE:002858 Stock Report

Market Cap

CN¥1.7b

7D

-6.8%

1Y

1.2%

Updated

20 Sep, 2021

Data

Company Financials
2858 fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health4/6
Dividends0/6

2858 Overview

Shanghai Lisheng Racing Co.,Ltd. operates as an automobile sports and racing culture company.

Price History & Performance

Summary of all time highs, changes and price drops for Shanghai Lisheng RacingLtd
Historical stock prices
Current Share PriceCN¥14.02
52 Week HighCN¥9.61
52 Week LowCN¥19.66
Beta0.25
1 Month Change-20.70%
3 Month Change-18.63%
1 Year Change1.15%
3 Year Change-15.03%
5 Year Changen/a
Change since IPO82.55%

Recent News & Updates

Shareholder Returns

2858CN EntertainmentCN Market
7D-6.8%-1.0%-2.4%
1Y1.2%-33.6%9.3%

Return vs Industry: 002858 exceeded the CN Entertainment industry which returned -33.6% over the past year.

Return vs Market: 002858 underperformed the CN Market which returned 9.3% over the past year.

Price Volatility

Is 2858's price volatile compared to industry and market?
2858 volatility
2858 Beta0.25
Industry Beta0.61
Market Beta1

Stable Share Price: 002858 is more volatile than 75% of CN stocks over the past 3 months, typically moving +/- 9% a week.

Volatility Over Time: 002858's weekly volatility (9%) has been stable over the past year, but is still higher than 75% of CN stocks.

About the Company

FoundedEmployeesCEOWebsite
2002354n/ahttps://www.lsracing.cn

Shanghai Lisheng Racing Co.,Ltd. operates as an automobile sports and racing culture company. It operates racing field and racing training center, as well as offers public relation services in car brand promotion.

Valuation

Is Shanghai Lisheng RacingLtd undervalued compared to its fair value and its price relative to the market?

5.01x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: 002858 (CN¥14.02) is trading above our estimate of fair value (CN¥0.7)

Significantly Below Fair Value: 002858 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 002858 is unprofitable, so we can't compare its PE Ratio to the CN Entertainment industry average.

PE vs Market: 002858 is unprofitable, so we can't compare its PE Ratio to the CN market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 002858's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 002858 is overvalued based on its PB Ratio (5x) compared to the CN Entertainment industry average (3x).


Future Growth

How is Shanghai Lisheng RacingLtd forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

27.7%

Forecasted Media industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Shanghai Lisheng RacingLtd has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Past Performance

How has Shanghai Lisheng RacingLtd performed over the past 5 years?

-42.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 002858 is currently unprofitable.

Growing Profit Margin: 002858 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: 002858 is unprofitable, and losses have increased over the past 5 years at a rate of 42.9% per year.

Accelerating Growth: Unable to compare 002858's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 002858 is unprofitable, making it difficult to compare its past year earnings growth to the Entertainment industry (-12.5%).


Return on Equity

High ROE: 002858 has a negative Return on Equity (-6.71%), as it is currently unprofitable.


Financial Health

How is Shanghai Lisheng RacingLtd's financial position?


Financial Position Analysis

Short Term Liabilities: 002858's short term assets (CN¥288.5M) exceed its short term liabilities (CN¥143.5M).

Long Term Liabilities: 002858's short term assets (CN¥288.5M) exceed its long term liabilities (CN¥32.8M).


Debt to Equity History and Analysis

Debt Level: 002858's debt to equity ratio (10.5%) is considered satisfactory.

Reducing Debt: Insufficient data to determine if 002858's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: 002858's debt is well covered by operating cash flow (135.5%).

Interest Coverage: Insufficient data to determine if 002858's interest payments on its debt are well covered by EBIT.


Balance Sheet


Dividend

What is Shanghai Lisheng RacingLtd current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 002858's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 002858'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 002858's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 002858's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: 002858 is not paying a notable dividend for the CN market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 002858'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?

0.08yrs

Average board tenure


CEO

Shanghai Lisheng RacingLtd has no CEO, or we have no data on them.


Board Members

Experienced Board: 002858'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: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Shanghai Lisheng Racing Co.,Ltd.'s employee growth, exchange listings and data sources


Key Information

  • Name: Shanghai Lisheng Racing Co.,Ltd.
  • Ticker: 2858
  • Exchange: SZSE
  • Founded: 2002
  • Industry: Movies and Entertainment
  • Sector: Media
  • Market Cap: CN¥1.728b
  • Shares outstanding: 123.24m
  • Website: https://www.lsracing.cn

Number of Employees


Location

  • Shanghai Lisheng Racing Co.,Ltd.
  • Shen Brick Highway 3000
  • Sheshan Town
  • Shanghai
  • 201603
  • China

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/20 09:04
End of Day Share Price2021/09/17 00:00
Earnings2021/03/31
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.