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
|Historical stock prices|
|Current Share Price||CN¥6.28|
|52 Week High||CN¥13.50|
|52 Week Low||CN¥5.02|
|1 Month Change||4.67%|
|3 Month Change||-25.33%|
|1 Year Change||-22.37%|
|3 Year Change||85.25%|
|5 Year Change||34.48%|
|Change since IPO||-46.13%|
Recent News & Updates
|601908||CN Semiconductor||CN Market|
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.
|601908 Average Weekly Movement||7.0%|
|Semiconductor Industry Average Movement||7.9%|
|Market Average Movement||7.3%|
|10% most volatile stocks in CN Market||10.2%|
|10% least volatile stocks in CN Market||5.3%|
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
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
|601908 fundamental statistics|
Is 601908 overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|601908 income statement (TTM)|
|Cost of Revenue||CN¥4.70b|
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
|Earnings per share (EPS)||0.26|
|Net Profit Margin||9.74%|
How did 601908 perform over the long term?See historical performance and comparison
1.0%Current Dividend Yield
Is Beijing Jingyuntong Technology undervalued compared to its fair value and its price relative to the market?
Valuation Score 3/6
Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PB vs Industry
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).
How is Beijing Jingyuntong Technology forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Future Growth Score0/6
Future Growth Score 0/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
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.
How has Beijing Jingyuntong Technology performed over the past 5 years?
Past Performance Score2/6
Past Performance Score 2/6
Growing Profit Margin
Earnings vs Industry
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.
How is Beijing Jingyuntong Technology's financial position?
Financial Health Score4/6
Financial Health Score 4/6
Short Term Liabilities
Long Term Liabilities
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).
What is Beijing Jingyuntong Technology current dividend yield, its reliability and sustainability?
Dividend Score 2/6
Future Dividend Coverage
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
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Huanpei Feng (54 yo)
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...
Experienced Board: 601908's board of directors are considered experienced (8.3 years average tenure).
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 Jingyuntong Technology Co., Ltd.'s employee growth, exchange listings and data sources
- 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
- Beijing Jingyuntong Technology Co., Ltd.
- No.158 Jinghai 4th Road
- Beijing Eco & Tech Dev Zone
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/05/22 00:00|
|End of Day Share Price||2022/05/20 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.