Shanghai Belling Co., Ltd. operates in IC industry in China. More Details
Flawless balance sheet and slightly overvalued.
Share Price & News
How has Shanghai Belling's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 600171's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: 600171 underperformed the CN Semiconductor industry which returned 66.2% over the past year.
Return vs Market: 600171 underperformed the CN Market which returned 24.1% over the past year.
Price Volatility Vs. Market
How volatile is Shanghai Belling's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Shanghai Belling 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: 600171 (CN¥16) is trading above our estimate of fair value (CN¥3.8)
Significantly Below Fair Value: 600171 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 600171 is good value based on its PE Ratio (62.7x) compared to the CN Semiconductor industry average (74.7x).
PE vs Market: 600171 is poor value based on its PE Ratio (62.7x) compared to the CN market (40.4x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 600171's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 600171 is good value based on its PB Ratio (3.7x) compared to the CN Semiconductor industry average (6.2x).
How is Shanghai Belling forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Semiconductors 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 Belling 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.
- Examine Shanghai Belling's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
- Explore growth companies in the Semiconductors industry.
How has Shanghai Belling performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 600171 has a large one-off gain of CN¥93.1M impacting its June 30 2020 financial results.
Growing Profit Margin: 600171's current net profit margins (19.6%) are lower than last year (27.2%).
Past Earnings Growth Analysis
Earnings Trend: 600171's earnings have grown significantly by 31% per year over the past 5 years.
Accelerating Growth: 600171's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 600171 had negative earnings growth (-16%) over the past year, making it difficult to compare to the Semiconductor industry average (23.7%).
Return on Equity
High ROE: 600171's Return on Equity (6%) is considered low.
How is Shanghai Belling's financial position?
Financial Position Analysis
Short Term Liabilities: 600171's short term assets (CN¥2.3B) exceed its short term liabilities (CN¥204.2M).
Long Term Liabilities: 600171's short term assets (CN¥2.3B) exceed its long term liabilities (CN¥117.1M).
Debt to Equity History and Analysis
Debt Level: 600171 is debt free.
Reducing Debt: 600171 has no debt compared to 5 years ago when its debt to equity ratio was 1.7%.
Debt Coverage: 600171 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 600171 has no debt, therefore coverage of interest payments is not a concern.
What is Shanghai Belling current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 600171's dividend (0.69%) is higher than the bottom 25% of dividend payers in the CN market (0.36%).
High Dividend: 600171's dividend (0.69%) is low compared to the top 25% of dividend payers in the CN market (1.68%).
Stability and Growth of Payments
Stable Dividend: 600171 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 600171's dividend payments have increased, but the company has only paid a dividend for 9 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (43.1%), 600171's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Shanghai Belling has no CEO, or we have no data on them.
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.
Shanghai Belling Co., Ltd.'s company bio, employee growth, exchange listings and data sources
- Name: Shanghai Belling Co., Ltd.
- Ticker: 600171
- Exchange: SHSE
- Founded: 1998
- Industry: Semiconductors
- Sector: Semiconductors
- Market Cap: CN¥11.190b
- Shares outstanding: 699.40m
- Website: https://www.belling.com.cn
Number of Employees
- Shanghai Belling Co., Ltd.
- 810 Yishan Road
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|600171||SHSE (Shanghai Stock Exchange)||Yes||Domestic Shares||CN||CNY||Sep 1998|
|600171||XSSC (Shanghai Stock Exchange - Shanghai - Hong Kong Stock Connect)||Yes||Domestic Shares||CN||CNY||Sep 1998|
Shanghai Belling Co., Ltd. operates in IC industry in China. Its products include power management, AC/DC converters, electric energy metering circuits, LED drive ICs, interface circuits, ADC circuits, MCU ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/10/27 15:05|
|End of Day Share Price||2020/10/27 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.