SHSE:601908

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Beijing Jingyuntong Technology

Executive Summary

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


Snowflake Analysis

Solid track record with mediocre balance sheet.


Similar Companies

Share Price & News

How has Beijing Jingyuntong Technology's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 601908 is more volatile than 90% of CN stocks over the past 3 months, typically moving +/- 11% a week.

Volatility Over Time: 601908's weekly volatility (11%) has been stable over the past year, but is still higher than 75% of CN stocks.


Market Performance


7 Day Return

0.7%

601908

2.6%

CN Semiconductor

0.5%

CN Market


1 Year Return

300.3%

601908

42.8%

CN Semiconductor

25.8%

CN Market

Return vs Industry: 601908 exceeded the CN Semiconductor industry which returned 42.8% over the past year.

Return vs Market: 601908 exceeded the CN Market which returned 25.8% over the past year.


Shareholder returns

601908IndustryMarket
7 Day0.7%2.6%0.5%
30 Day46.8%9.7%4.7%
90 Day126.0%24.3%8.1%
1 Year300.3%300.3%43.2%42.8%27.9%25.8%
3 Year131.6%123.5%136.0%126.2%21.3%15.3%
5 Year92.8%83.5%193.2%182.7%49.4%39.2%

Long-Term Price Volatility Vs. Market

How volatile is Beijing Jingyuntong Technology's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

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

45.14x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate 601908's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate 601908's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: 601908 is good value based on its PE Ratio (45.1x) compared to the CN Semiconductor industry average (79.5x).

PE vs Market: 601908 is poor value based on its PE Ratio (45.1x) compared to the CN market (35.4x).


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 (3.1x) compared to the CN Semiconductor industry average (6.8x).


Next Steps

Future Growth

How is Beijing Jingyuntong Technology forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

33.2%

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.


Next Steps

Past Performance

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

8.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 601908 has high quality earnings.

Growing Profit Margin: 601908's current net profit margins (14.4%) are higher than last year (7.6%).


Past Earnings Growth Analysis

Earnings Trend: 601908's earnings have grown by 8.5% per year over the past 5 years.

Accelerating Growth: 601908's earnings growth over the past year (263.9%) exceeds its 5-year average (8.5% per year).

Earnings vs Industry: 601908 earnings growth over the past year (263.9%) exceeded the Semiconductor industry 27.4%.


Return on Equity

High ROE: 601908's Return on Equity (6.8%) is considered low.


Next Steps

Financial Health

How is Beijing Jingyuntong Technology's financial position?


Financial Position Analysis

Short Term Liabilities: 601908's short term assets (CN¥4.6B) do not cover its short term liabilities (CN¥4.6B).

Long Term Liabilities: 601908's short term assets (CN¥4.6B) do not cover its long term liabilities (CN¥5.0B).


Debt to Equity History and Analysis

Debt Level: 601908's debt to equity ratio (36.1%) is considered satisfactory.

Reducing Debt: 601908's debt to equity ratio has reduced from 53.6% to 36.1% over the past 5 years.

Debt Coverage: 601908's debt is not well covered by operating cash flow (15.6%).

Interest Coverage: 601908 earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


Next Steps

Dividend

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


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 601908's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 601908'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 601908's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 601908's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: 601908 is not paying a notable dividend for the CN market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 601908's dividend in 3 years as they are not forecast to pay a notable one for the CN market.


Next Steps

Management

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

CN¥150k

CEO Compensation


CEO

Pan Jie

no data

Tenure

CN¥150,100

Compensation

Mr. Pan Jie serves as General Manager and Director at Beijing Jingyuntong Technology Co., Ltd.


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 company bio, 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
  • Market Cap: CN¥21.545b
  • Shares outstanding: 1.99b
  • Website: https://www.jingyuntong.com

Number of Employees


Location

  • Beijing Jingyuntong Technology Co., Ltd.
  • No.158 Jinghai 4th Road
  • Beijing Economic and Technological Development Zone
  • Beijing
  • 100176
  • China

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
601908SHSE (Shanghai Stock Exchange)YesDomestic SharesCNCNYSep 2011
601908XSSC (Shanghai Stock Exchange - Shanghai - Hong Kong Stock Connect)YesDomestic SharesCNCNYSep 2011

Biography

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,...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/01/21 09:29
End of Day Share Price2021/01/21 00:00
Earnings2020/09/30
Annual Earnings2019/12/31


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.