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Beijing Jingyuntong Technology SHSE:601908 Stock Report

Last Price

CN¥6.28

Market Cap

CN¥15.1b

7D

8.7%

1Y

-22.4%

Updated

22 May, 2022

Data

Company Financials
601908 fundamental analysis
Snowflake Score
Valuation3/6
Future Growth0/6
Past Performance2/6
Financial Health4/6
Dividends2/6

601908 Stock Overview

Beijing Jingyuntong Technology Co., Ltd., together with its subsidiaries, manufactures and sells photovoltaic (PV) and semiconductor equipment in China.

Beijing Jingyuntong Technology Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Beijing Jingyuntong Technology
Historical stock prices
Current Share PriceCN¥6.28
52 Week HighCN¥13.50
52 Week LowCN¥5.02
Beta0.89
1 Month Change4.67%
3 Month Change-25.33%
1 Year Change-22.37%
3 Year Change85.25%
5 Year Change34.48%
Change since IPO-46.13%

Recent News & Updates

Shareholder Returns

601908CN SemiconductorCN Market
7D8.7%7.0%2.5%
1Y-22.4%16.2%-13.1%

Return vs Industry: 601908 underperformed the CN Semiconductor industry which returned 16.2% over the past year.

Return vs Market: 601908 underperformed the CN Market which returned -13.1% over the past year.

Price Volatility

Is 601908's price volatile compared to industry and market?
601908 volatility
601908 Average Weekly Movement7.0%
Semiconductor Industry Average Movement7.9%
Market Average Movement7.3%
10% most volatile stocks in CN Market10.2%
10% least volatile stocks in CN Market5.3%

Stable Share Price: 601908 is not significantly more volatile than the rest of CN stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: 601908's weekly volatility (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
20024,034Huanpei Fenghttps://www.jingyuntong.com

Beijing Jingyuntong Technology Co., Ltd., together with its subsidiaries, manufactures and sells photovoltaic (PV) and semiconductor equipment in China. The company’s products include mono-crystal growers, multi-crystalline directional solidification growers, and float-zone furnace. It also provides PV material products, such as mono and multi crystal ingots and wafers, as well as PV and wind power generation stations, and honeycomb medium and low temperature SCR flue gas denitrification catalyst.

Beijing Jingyuntong Technology Fundamentals Summary

How do Beijing Jingyuntong Technology's earnings and revenue compare to its market cap?
601908 fundamental statistics
Market CapCN¥15.10b
Earnings (TTM)CN¥619.88m
Revenue (TTM)CN¥6.37b

24.4x

P/E Ratio

2.4x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
601908 income statement (TTM)
RevenueCN¥6.37b
Cost of RevenueCN¥4.70b
Gross ProfitCN¥1.67b
Other ExpensesCN¥1.05b
EarningsCN¥619.88m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)0.26
Gross Margin26.24%
Net Profit Margin9.74%
Debt/Equity Ratio72.1%

How did 601908 perform over the long term?

See historical performance and comparison

Dividends

1.0%

Current Dividend Yield

23%

Payout Ratio

Valuation

Is Beijing Jingyuntong Technology undervalued compared to its fair value and its price relative to the market?

Valuation Score

3/6

Valuation Score 3/6

  • Below Fair Value

  • Significantly Below Fair Value

  • PE vs Industry

  • PE vs Market

  • PEG Ratio

  • PB vs Industry


24.36x

Price to Earnings (PE) ratio

Share Price vs. Fair Value

Below Fair Value: 601908 (CN¥6.28) is trading above our estimate of fair value (CN¥0.8)

Significantly Below Fair Value: 601908 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 601908 is good value based on its PE Ratio (24.4x) compared to the CN Semiconductor industry average (48.7x).

PE vs Market: 601908 is good value based on its PE Ratio (24.4x) compared to the CN market (31x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 601908's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 601908 is good value based on its PB Ratio (1.4x) compared to the CN Semiconductor industry average (4.6x).


Future Growth

How is Beijing Jingyuntong Technology 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


28.0%

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 Beijing Jingyuntong Technology 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 Beijing Jingyuntong Technology performed over the past 5 years?

Past Performance Score

2/6

Past Performance Score 2/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


18.2%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: 601908 has high quality earnings.

Growing Profit Margin: 601908's current net profit margins (9.7%) are lower than last year (13%).


Past Earnings Growth Analysis

Earnings Trend: 601908's earnings have grown by 18.2% per year over the past 5 years.

Accelerating Growth: 601908's earnings growth over the past year (8.2%) is below its 5-year average (18.2% per year).

Earnings vs Industry: 601908 earnings growth over the past year (8.2%) underperformed the Semiconductor industry 66.5%.


Return on Equity

High ROE: 601908's Return on Equity (6.3%) is considered low.


Financial Health

How is Beijing Jingyuntong Technology's financial position?

Financial Health Score

4/6

Financial Health Score 4/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: 601908's short term assets (CN¥10.2B) exceed its short term liabilities (CN¥5.4B).

Long Term Liabilities: 601908's short term assets (CN¥10.2B) exceed its long term liabilities (CN¥5.9B).


Debt to Equity History and Analysis

Debt Level: 601908's net debt to equity ratio (30.3%) is considered satisfactory.

Reducing Debt: 601908's debt to equity ratio has increased from 68% to 72.1% over the past 5 years.

Debt Coverage: 601908's debt is not well covered by operating cash flow (6.2%).

Interest Coverage: 601908's interest payments on its debt are well covered by EBIT (3.8x coverage).


Balance Sheet


Dividend

What is Beijing Jingyuntong Technology current dividend yield, its reliability and sustainability?

Dividend Score

2/6

Dividend Score 2/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage


0.95%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: 601908's dividend (0.96%) is higher than the bottom 25% of dividend payers in the CN market (0.53%).

High Dividend: 601908's dividend (0.96%) is low compared to the top 25% of dividend payers in the CN market (2.06%).


Stability and Growth of Payments

Stable Dividend: 601908's dividend payments have been volatile in the past 10 years.

Growing Dividend: 601908's dividend payments have fallen over the past 10 years.


Earnings Payout to Shareholders

Earnings Coverage: With its low payout ratio (23%), 601908's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: 601908 is paying a dividend but the company has no free cash flows.


Discover strong dividend paying companies

Management

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

8.3yrs

Average board tenure


CEO

Huanpei Feng (54 yo)

no data

Tenure

CN¥400,200

Compensation

Mr. Huanpei Feng serves as the Chairman of the Board at Beijing Jingyuntong Technology Co., Ltd. and also serves as its General Manager. He has been Director of Beijing Jingyuntong Technology Co., Ltd.fro...


Board Members

Experienced Board: 601908's board of directors are considered experienced (8.3 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 not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Beijing Jingyuntong Technology Co., Ltd.'s employee growth, exchange listings and data sources


Key Information

  • Name: Beijing Jingyuntong Technology Co., Ltd.
  • Ticker: 601908
  • Exchange: SHSE
  • Founded: 2002
  • Industry: Semiconductors
  • Sector: Semiconductors
  • Implied Market Cap: CN¥15.101b
  • Shares outstanding: 2.40b
  • Website: https://www.jingyuntong.com

Number of Employees


Location

  • Beijing Jingyuntong Technology Co., Ltd.
  • No.158 Jinghai 4th Road
  • Beijing Eco & Tech Dev Zone
  • Beijing
  • 100176
  • China

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/05/22 00:00
End of Day Share Price2022/05/20 00:00
Earnings2022/03/31
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.