SZSE:002992

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Shenzhen Baoming TechnologyLtd

Executive Summary

Shenzhen Baoming Technology Co.,Ltd. engages in the research and development, production, and sale of LED backlight modules and capacitive touch screens of small and medium size flat panel display devices in China. More Details


Snowflake Analysis

Flawless balance sheet and fair value.

Share Price & News

How has Shenzhen Baoming TechnologyLtd's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 002992 is not significantly more volatile than the rest of CN stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: Insufficient data to determine 002992's volatility change over the past year.


Market Performance


7 Day Return

4.2%

2992

2.6%

CN Semiconductor

0.5%

CN Market


1 Year Return

n/a

2992

42.8%

CN Semiconductor

25.8%

CN Market

Return vs Industry: Insufficient data to determine how 002992 performed against the CN Semiconductor industry.

Return vs Market: Insufficient data to determine how 002992 performed against the CN Market.


Shareholder returns

2992IndustryMarket
7 Day4.2%2.6%0.5%
30 Day-18.1%9.7%4.7%
90 Day-25.9%24.3%8.1%
1 Yearn/a43.2%42.8%27.9%25.8%
3 Yearn/a136.0%126.2%21.3%15.3%
5 Yearn/a193.2%182.7%49.4%39.2%

Long-Term Price Volatility Vs. Market

How volatile is Shenzhen Baoming TechnologyLtd's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Shenzhen Baoming TechnologyLtd undervalued compared to its fair value and its price relative to the market?

17.19x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: 002992 (CN¥24.07) is trading above our estimate of fair value (CN¥0.62)

Significantly Below Fair Value: 002992 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 002992 is good value based on its PE Ratio (17.2x) compared to the CN Semiconductor industry average (79.5x).

PE vs Market: 002992 is good value based on its PE Ratio (17.2x) compared to the CN market (35.4x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 002992's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 002992 is good value based on its PB Ratio (3.2x) compared to the CN Semiconductor industry average (6.8x).


Next Steps

Future Growth

How is Shenzhen Baoming TechnologyLtd 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 Shenzhen Baoming TechnologyLtd 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 Shenzhen Baoming TechnologyLtd performed over the past 5 years?

17.7%

Last years earnings growth


Earnings and Revenue History

Quality Earnings: 002992 has high quality earnings.

Growing Profit Margin: 002992's current net profit margins (7.9%) are lower than last year (8.9%).


Past Earnings Growth Analysis

Earnings Trend: Insufficient data to determine if 002992's year-on-year earnings growth rate was positive over the past 5 years.

Accelerating Growth: Insufficient data to compare 002992's past year earnings growth to its 5-year average.

Earnings vs Industry: 002992 earnings growth over the past year (17.7%) underperformed the Semiconductor industry 27.4%.


Return on Equity

High ROE: 002992's Return on Equity (18.6%) is considered low.


Next Steps

Financial Health

How is Shenzhen Baoming TechnologyLtd's financial position?


Financial Position Analysis

Short Term Liabilities: 002992's short term assets (CN¥1.2B) exceed its short term liabilities (CN¥1.0B).

Long Term Liabilities: 002992's short term assets (CN¥1.2B) exceed its long term liabilities (CN¥107.6M).


Debt to Equity History and Analysis

Debt Level: 002992's debt to equity ratio (38.1%) is considered satisfactory.

Reducing Debt: 002992's debt to equity ratio has reduced from 98.4% to 38.1% over the past 5 years.

Debt Coverage: 002992's debt is well covered by operating cash flow (64.1%).

Interest Coverage: 002992's interest payments on its debt are well covered by EBIT (11.2x coverage).


Balance Sheet


Next Steps

Dividend

What is Shenzhen Baoming TechnologyLtd current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 002992's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 002992'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 002992's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 002992's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 002992'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?

0.4yrs

Average board tenure


CEO

Shenzhen Baoming TechnologyLtd has no CEO, or we have no data on them.


Board Members

NamePositionTenureCompensationOwnership
Jun Li
Non-Independent Chairman of the Boardno datano data11.89%
CN¥ 401.6m
Yunlong Li
Non-Independent Directorno datano data3.8%
CN¥ 128.3m
Xiaochun Wang
Independent Director0.42yrno datano data
Chun Zhang
Non-Independent Director0.42yrno datano data
Jihe Bayin
Non-Independent Director0.42yrno datano data
Guohong Zhang
Non-Independent Director0.42yrno datano data
Zhiguang Zhao
Non-Independent Director0.42yrno datano data
Fuzeng Ren
Independent Director0.42yrno datano data
Houqun Li
Independent Director0.42yrno datano data
Xuelian Ding
Member of the Supervisory Board0.42yrno datano data
Chunfeng Gao
Member of the Supervisory Board0.42yrno datano data

0.4yrs

Average Tenure

Experienced Board: 002992's board of directors are not considered experienced ( 0.4 years average tenure), which suggests a new board.


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: 002992 only recently listed within the past 12 months.


Top Shareholders

Company Information

Shenzhen Baoming Technology Co.,Ltd.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Shenzhen Baoming Technology Co.,Ltd.
  • Ticker: 2992
  • Exchange: SZSE
  • Founded: 2006
  • Industry: Semiconductors
  • Sector: Semiconductors
  • Market Cap: CN¥3.379b
  • Shares outstanding: 137.96m
  • Website: https://www.bmseiko.com

Number of Employees


Location

  • Shenzhen Baoming Technology Co.,Ltd.
  • 10C, Building 6
  • Manhaining North District, Longping Community
  • Shenzhen
  • Guangdong Province
  • 518110
  • China

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
2992SZSE (Shenzhen Stock Exchange)YesDomestic SharesCNCNYAug 2020

Biography

Shenzhen Baoming Technology Co.,Ltd. engages in the research and development, production, and sale of LED backlight modules and capacitive touch screens of small and medium size flat panel display devices ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/01/21 09:25
End of Day Share Price2021/01/21 00:00
Earnings2019/12/31
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.