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Lecron Industrial Development Group SZSE:300343 Stock Report

Last Price

CN¥11.15

Market Cap

CN¥12.6b

7D

-5.6%

1Y

-45.8%

Updated

03 Oct, 2022

Data

Company Financials
300343 fundamental analysis
Snowflake Score
Valuation4/6
Future Growth0/6
Past Performance5/6
Financial Health5/6
Dividends0/6

300343 Stock Overview

Lecron Industrial Development Group Co., Ltd.

Lecron Industrial Development Group Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Lecron Industrial Development Group
Historical stock prices
Current Share PriceCN¥11.15
52 Week HighCN¥28.66
52 Week LowCN¥9.50
Beta-1.32
1 Month Change-15.47%
3 Month Change-37.25%
1 Year Change-45.77%
3 Year Change260.84%
5 Year Change20.01%
Change since IPO344.71%

Recent News & Updates

Shareholder Returns

300343CN MediaCN Market
7D-5.6%-2.7%-2.3%
1Y-45.8%-15.7%-19.2%

Return vs Industry: 300343 underperformed the CN Media industry which returned -15.7% over the past year.

Return vs Market: 300343 underperformed the CN Market which returned -19.2% over the past year.

Price Volatility

Is 300343's price volatile compared to industry and market?
300343 volatility
300343 Average Weekly Movement6.5%
Media Industry Average Movement5.3%
Market Average Movement5.8%
10% most volatile stocks in CN Market9.2%
10% least volatile stocks in CN Market3.8%

Stable Share Price: 300343 is not significantly more volatile than the rest of CN stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: 300343's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2003725Xian Dong Wanghttps://www.lecron.cn

Lecron Industrial Development Group Co., Ltd. manufactures and sells chemical products. The company’s products include monomer polyether polyol, system polyol for polyurethane foam, polyurethane prepolymer for elastomer, polyurea waterproof and anti-corrosion materials, medical intermediate, the third generation polycarboxylic acid water reducer monomer, surfactant, high boiling point solvent, polyurethane fireproof insulation panel, etc. Its products are used in various applications, including construction thermal insulation, pre-insulated pipes, sandwich panels, solar water heaters, household appliances, and automobiles.

Lecron Industrial Development Group Fundamentals Summary

How do Lecron Industrial Development Group's earnings and revenue compare to its market cap?
300343 fundamental statistics
Market CapCN¥12.58b
Earnings (TTM)CN¥971.01m
Revenue (TTM)CN¥2.20b

13.0x

P/E Ratio

5.7x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
300343 income statement (TTM)
RevenueCN¥2.20b
Cost of RevenueCN¥734.48m
Gross ProfitCN¥1.47b
Other ExpensesCN¥496.92m
EarningsCN¥971.01m

Last Reported Earnings

Jun 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)0.86
Gross Margin66.65%
Net Profit Margin44.09%
Debt/Equity Ratio11.5%

How did 300343 perform over the long term?

See historical performance and comparison
We’ve recently updated our valuation analysis.

Valuation

Is 300343 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

4/6

Valuation Score 4/6

  • 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 300343?

Other financial metrics that can be useful for relative valuation.

300343 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/Revenue5.5x
Enterprise Value/EBITDA10.1x
PEG Ration/a

Price to Earnings Ratio vs Peers

How does 300343's PE Ratio compare to its peers?

300343 PE Ratio vs Peers
The above table shows the PE ratio for 300343 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average24.7x
600556 Inmyshow Digital Technology(Group)Co.Ltd
34.4x32.3%CN¥10.7b
002127 NanJi E-Commerce
25.6x41.6%CN¥10.4b
605168 Three's Company Media Group
14.6x32.6%CN¥8.1b
301171 Easy Click Worldwide Network Technology
24.2xn/aCN¥7.5b
300343 Lecron Industrial Development Group
13xn/aCN¥12.6b

Price-To-Earnings vs Peers: 300343 is good value based on its Price-To-Earnings Ratio (13x) compared to the peer average (24.7x).


Price to Earnings Ratio vs Industry

How does 300343's PE Ratio compare vs other companies in the CN Media Industry?

Price-To-Earnings vs Industry: 300343 is good value based on its Price-To-Earnings Ratio (13x) compared to the CN Media industry average (26.5x)


Price to Earnings Ratio vs Fair Ratio

What is 300343'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.

300343 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio13x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate 300343's Price-To-Earnings Fair Ratio for valuation analysis.


Share Price vs Fair Value

What is the Fair Price of 300343 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 300343 (CN¥11.15) is trading below our estimate of fair value (CN¥115.5)

Significantly Below Fair Value: 300343 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 Lecron Industrial Development Group forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


22.6%

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 Lecron Industrial Development Group 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.


Discover growth companies

  • Examine whether Lecron Industrial Development Group is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.

Past Performance

How has Lecron Industrial Development Group performed over the past 5 years?

Past Performance Score

5/6

Past Performance Score 5/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


11.1%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: 300343 has a high level of non-cash earnings.

Growing Profit Margin: 300343's current net profit margins (44.1%) are higher than last year (28%).


Past Earnings Growth Analysis

Earnings Trend: 300343 has become profitable over the past 5 years, growing earnings by 11.1% per year.

Accelerating Growth: 300343's earnings growth over the past year (302%) exceeds its 5-year average (11.1% per year).

Earnings vs Industry: 300343 earnings growth over the past year (302%) exceeded the Media industry -2.8%.


Return on Equity

High ROE: 300343's Return on Equity (62.1%) is considered outstanding.


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Financial Health

How is Lecron Industrial Development Group's financial position?

Financial Health Score

5/6

Financial Health Score 5/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: 300343's short term assets (CN¥1.6B) exceed its short term liabilities (CN¥705.1M).

Long Term Liabilities: 300343's short term assets (CN¥1.6B) exceed its long term liabilities (CN¥81.9M).


Debt to Equity History and Analysis

Debt Level: 300343 has more cash than its total debt.

Reducing Debt: 300343's debt to equity ratio has increased from 1.9% to 11.5% over the past 5 years.

Debt Coverage: 300343's debt is well covered by operating cash flow (337.4%).

Interest Coverage: 300343 earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


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Dividend

What is Lecron Industrial Development Group current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage

Dividend Yield vs Market

Lecron Industrial Development Group Dividend Yield vs Market
How does Lecron Industrial Development Group dividend yield compare to the market?
SegmentDividend Yield
Company (Lecron Industrial Development Group)0%
Market Bottom 25% (CN)0.5%
Market Top 25% (CN)2.2%
Industry Average (Media)3.1%
Analyst forecast in 3 Years (Lecron Industrial Development Group)n/a

Notable Dividend: Unable to evaluate 300343's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 300343'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 300343's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 300343's dividend payments have been increasing.


Earnings Payout to Shareholders

Earnings Coverage: 300343 is not paying a notable dividend for the CN market.


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as 300343 has not reported any payouts.


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Management

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

3.8yrs

Average management tenure


CEO

Xian Dong Wang (44 yo)

6.17yrs

Tenure

CN¥118,500

Compensation

Mr. Xian Dong Wang serves as a President of Lecron Industrial Development Group Co., Ltd. (formerly known as Lecron Internet Media Industry Co., Ltd.) since August 10, 2016. He used to be the project team...


Leadership Team

Experienced Management: 300343's management team is considered experienced (3.8 years average tenure).


Board Members

Experienced Board: 300343's board of directors are not considered experienced ( 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

What is the ownership structure of 300343?
Owner TypeNumber of SharesOwnership Percentage
Public Companies26,276,0202.3%
Private Companies57,218,4895.1%
Institutions129,706,24911.5%
Individual Insiders155,246,96113.8%
General Public759,388,60967.3%

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Top 25 shareholders own 25.07% of the company
OwnershipNameSharesCurrent ValueChange %Portfolio %
12.02%
Hongguo Li
135,570,510CN¥1.5b0%no data
2.86%
Panhua Group Co., Ltd.
32,200,000CN¥359.0m0%no data
2.33%
Shanghai Shenda Co., Ltd
26,276,020CN¥293.0m0%no data
1.98%
Huiyi (Shanghai) Venture Capital Center (Limited Partnership)
22,334,618CN¥249.0m0%no data
1.71%
Beijing Guoxing Property Administration Co., Ltd.
19,321,582CN¥215.4m0%no data
1.26%
Shanghai Orient Securities Asset Management Co., Ltd.
14,194,200CN¥158.3m0%0.16%
1%
J.P. Morgan Asset Management, Inc.
11,246,536CN¥125.4m0%no data
0.43%
Jian Huang
4,817,434CN¥53.7m7.65%no data
0.33%
First State Cinda Fund Management Co. Ltd.
3,720,188CN¥41.5m-76.77%0.1%
0.29%
Yicheng Huang
3,295,324CN¥36.7m-62.85%no data
0.17%
Hongpeng Li
1,929,507CN¥21.5m-45.36%no data
0.15%
Great Wall Fund Management Co. Ltd.
1,665,679CN¥18.6m0%0.07%
0.15%
Horizon Asset Management Co. Ltd.
1,658,174CN¥18.5m0%0.19%
0.1%
The Vanguard Group, Inc.
1,128,300CN¥12.6m0%no data
0.078%
SWS MU Fund Management Co., Ltd.
874,303CN¥9.7m0%0.05%
0.075%
Xiu Ying Shao
849,627CN¥9.5m0%no data
0.052%
ICBC Credit Suisse Asset Management Co., Ltd.
589,700CN¥6.6m0%no data
0.026%
Hua An Fund Management Co., Ltd.
289,700CN¥3.2m0%no data
0.02%
United Vision Asset Management Co., Ltd.
224,100CN¥2.5m0%1.57%
0.018%
First-Trust Fund Management Co., Ltd.
201,159CN¥2.2m0%0.03%
0.017%
Green Fund Management Co., Ltd.
190,550CN¥2.1m0%0.72%
0.0084%
Xian Dong Wang
94,853CN¥1.1m0%no data
0.0046%
China Universal Fund Management Co., Ltd.
52,200CN¥582.0k0%0.01%
0.0033%
Tibet Eastmoney Fund Management Co.,Ltd.
37,300CN¥415.9k0%0.01%
0.0024%
China Asset Management Co., Ltd.
26,500CN¥295.5k0%no data

Company Information

Lecron Industrial Development Group Co., Ltd.'s employee growth, exchange listings and data sources


Key Information

  • Name: Lecron Industrial Development Group Co., Ltd.
  • Ticker: 300343
  • Exchange: SZSE
  • Founded: 2003
  • Industry: Advertising
  • Sector: Media
  • Implied Market Cap: CN¥12.575b
  • Shares outstanding: 1.13b
  • Website: https://www.lecron.cn

Number of Employees


Location

  • Lecron Industrial Development Group Co., Ltd.
  • No.219, East Changguo Road
  • East Chemical Zone
  • Zibo
  • Shandong Province
  • 255000
  • China


Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
300343SZSE (Shenzhen Stock Exchange)YesDomestic SharesCNCNYAug 2012
300343XSEC (Shenzhen Stock Exchange - Shenzhen-Hong Kong Stock Connect)YesDomestic SharesCNCNYAug 2012

Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/10/03 00:00
End of Day Share Price2022/09/30 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.