Beijing Tongrentang Co., Ltd engages in the scientific research, production, sale, and distribution of Chinese medicines in China and internationally. More Details
No risks detected for 600085 from our risk checks.
6 star dividend payer with excellent balance sheet.
Share Price & News
How has Beijing Tongrentang's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 600085 is less volatile than 75% of CN stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: 600085's weekly volatility (3%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: 600085 underperformed the CN Pharmaceuticals industry which returned 27.6% over the past year.
Return vs Market: 600085 underperformed the CN Market which returned 26.2% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Beijing Tongrentang's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Beijing Tongrentang undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: 600085 (CN¥24.5) is trading above our estimate of fair value (CN¥22.97)
Significantly Below Fair Value: 600085 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 600085 is poor value based on its PE Ratio (39.5x) compared to the CN Pharmaceuticals industry average (30.9x).
PE vs Market: 600085 is poor value based on its PE Ratio (39.5x) compared to the CN market (34.5x).
Price to Earnings Growth Ratio
PEG Ratio: 600085 is poor value based on its PEG Ratio (2.4x)
Price to Book Ratio
PB vs Industry: 600085 is overvalued based on its PB Ratio (3.5x) compared to the CN Pharmaceuticals industry average (2.7x).
How is Beijing Tongrentang forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 600085's forecast earnings growth (16.7% per year) is above the savings rate (3.3%).
Earnings vs Market: 600085's earnings (16.7% per year) are forecast to grow slower than the CN market (24.1% per year).
High Growth Earnings: 600085's earnings are forecast to grow, but not significantly.
Revenue vs Market: 600085's revenue (11.4% per year) is forecast to grow slower than the CN market (18.1% per year).
High Growth Revenue: 600085's revenue (11.4% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 600085's Return on Equity is forecast to be low in 3 years time (11.5%).
How has Beijing Tongrentang performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 600085 has high quality earnings.
Growing Profit Margin: 600085's current net profit margins (6.9%) are lower than last year (8.3%).
Past Earnings Growth Analysis
Earnings Trend: 600085's earnings have grown by 1.6% per year over the past 5 years.
Accelerating Growth: 600085's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 600085 had negative earnings growth (-25%) over the past year, making it difficult to compare to the Pharmaceuticals industry average (10.5%).
Return on Equity
High ROE: 600085's Return on Equity (8.6%) is considered low.
How is Beijing Tongrentang's financial position?
Financial Position Analysis
Short Term Liabilities: 600085's short term assets (CN¥16.8B) exceed its short term liabilities (CN¥6.2B).
Long Term Liabilities: 600085's short term assets (CN¥16.8B) exceed its long term liabilities (CN¥671.3M).
Debt to Equity History and Analysis
Debt Level: 600085's debt to equity ratio (11.5%) is considered satisfactory.
Reducing Debt: 600085's debt to equity ratio has increased from 2.5% to 11.5% over the past 5 years.
Debt Coverage: 600085's debt is well covered by operating cash flow (126.6%).
Interest Coverage: 600085 earns more interest than it pays, so coverage of interest payments is not a concern.
What is Beijing Tongrentang current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 600085's dividend (2.12%) is higher than the bottom 25% of dividend payers in the CN market (0.41%).
High Dividend: 600085's dividend (2.12%) is in the top 25% of dividend payers in the CN market (1.83%)
Stability and Growth of Payments
Stable Dividend: 600085's dividends per share have been stable in the past 10 years.
Growing Dividend: 600085's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (41.9%), 600085's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: 600085's dividends in 3 years are forecast to be well covered by earnings (38.5% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Shubing Yan (45 yo)
Mr. Yan Shubing serves as General Manager at Beijing Tongrentang Co., Ltd.
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.
Beijing Tongrentang Co., Ltd's company bio, employee growth, exchange listings and data sources
- Name: Beijing Tongrentang Co., Ltd
- Ticker: 600085
- Exchange: SHSE
- Founded: 1669
- Industry: Pharmaceuticals
- Sector: Pharmaceuticals & Biotech
- Market Cap: CN¥33.601b
- Shares outstanding: 1.37b
- Website: https://www.tongrentanggf.com
Number of Employees
- Beijing Tongrentang Co., Ltd
- No. 42 Chongwenmenwai Street
- Dongcheng District
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|600085||SHSE (Shanghai Stock Exchange)||Yes||Domestic Shares||CN||CNY||Jun 1999|
|600085||XSSC (Shanghai Stock Exchange - Shanghai - Hong Kong Stock Connect)||Yes||Domestic Shares||CN||CNY||Jun 1999|
Beijing Tongrentang Co., Ltd engages in the scientific research, production, sale, and distribution of Chinese medicines in China and internationally. It covers 28 product formulations, such as pills, powd...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/01/15 09:30|
|End of Day Share Price||2021/01/15 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.