Jiangsu Pacific Quartz Co., Ltd. engages in the research and development, manufacture, marketing, and sale of silicon quartz products in China and internationally. More Details
Exceptional growth potential with excellent balance sheet.
Share Price & News
How has Jiangsu Pacific Quartz's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 603688 is not significantly more volatile than the rest of CN stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: 603688's weekly volatility (5%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: 603688 underperformed the CN Semiconductor industry which returned 28.8% over the past year.
Return vs Market: 603688 underperformed the CN Market which returned 24.8% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Jiangsu Pacific Quartz's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Jiangsu Pacific Quartz 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: 603688 (CN¥18.31) is trading above our estimate of fair value (CN¥6.1)
Significantly Below Fair Value: 603688 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 603688 is good value based on its PE Ratio (33.9x) compared to the CN Semiconductor industry average (59.5x).
PE vs Market: 603688 is poor value based on its PE Ratio (33.9x) compared to the CN market (33.5x).
Price to Earnings Growth Ratio
PEG Ratio: 603688 is good value based on its PEG Ratio (0.8x)
Price to Book Ratio
PB vs Industry: 603688 is good value based on its PB Ratio (3.3x) compared to the CN Semiconductor industry average (5.2x).
How is Jiangsu Pacific Quartz forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 603688's forecast earnings growth (40% per year) is above the savings rate (3.3%).
Earnings vs Market: 603688's earnings (40% per year) are forecast to grow faster than the CN market (22.9% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: 603688's revenue (23.7% per year) is forecast to grow faster than the CN market (17.7% per year).
High Growth Revenue: 603688's revenue (23.7% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 603688's Return on Equity is forecast to be high in 3 years time (23.1%)
How has Jiangsu Pacific Quartz performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 603688 has high quality earnings.
Growing Profit Margin: 603688's current net profit margins (29.1%) are higher than last year (26.2%).
Past Earnings Growth Analysis
Earnings Trend: 603688's earnings have grown significantly by 22.9% per year over the past 5 years.
Accelerating Growth: 603688's earnings growth over the past year (15.3%) is below its 5-year average (22.9% per year).
Earnings vs Industry: 603688 earnings growth over the past year (15.3%) underperformed the Semiconductor industry 38.7%.
Return on Equity
High ROE: 603688's Return on Equity (9.7%) is considered low.
How is Jiangsu Pacific Quartz's financial position?
Financial Position Analysis
Short Term Liabilities: 603688's short term assets (CN¥1.3B) exceed its short term liabilities (CN¥91.8M).
Long Term Liabilities: 603688's short term assets (CN¥1.3B) exceed its long term liabilities (CN¥135.1M).
Debt to Equity History and Analysis
Debt Level: 603688's debt to equity ratio (5.6%) is considered satisfactory.
Reducing Debt: 603688's debt to equity ratio has increased from 0.3% to 5.6% over the past 5 years.
Debt Coverage: 603688's debt is well covered by operating cash flow (30.3%).
Interest Coverage: 603688 earns more interest than it pays, so coverage of interest payments is not a concern.
What is Jiangsu Pacific Quartz current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 603688's dividend (0.93%) is higher than the bottom 25% of dividend payers in the CN market (0.44%).
High Dividend: 603688's dividend (0.93%) is low compared to the top 25% of dividend payers in the CN market (1.83%).
Stability and Growth of Payments
Stable Dividend: 603688 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 603688 has only been paying a dividend for 6 years, and since then payments have fallen.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (31.5%), 603688's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: 603688's dividends in 3 years are forecast to be well covered by earnings (40.2% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Shibin Chen (54 yo)
Mr. Shibin Chen serves as the General Manager and Chairman of Jiangsu Pacific Quartz Co., Ltd.
Experienced Board: 603688's board of directors are seasoned and experienced ( 10.3 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 been diluted in the past year, with total shares outstanding growing by 5.7%.
Jiangsu Pacific Quartz Co., Ltd's company bio, employee growth, exchange listings and data sources
- Name: Jiangsu Pacific Quartz Co., Ltd
- Ticker: 603688
- Exchange: SHSE
- Founded: NaN
- Industry: Semiconductor Equipment
- Sector: Semiconductors
- Market Cap: CN¥6.202b
- Shares outstanding: 352.96m
- Website: https://www.quartzpacific.com
Number of Employees
- Jiangsu Pacific Quartz Co., Ltd
- East Mahe Power Station
- Pingming Town
- Jiangsu Province
Jiangsu Pacific Quartz Co., Ltd. engages in the research and development, manufacture, marketing, and sale of silicon quartz products in China and internationally. Its products include quartz tubing for li...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/04/19 09:06|
|End of Day Share Price||2021/04/19 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.