SZSE:300301

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Shenzhen Changfang Group

Executive Summary

Shenzhen Changfang Group Co., Ltd. researches, designs, develops, produces, and sells LED products in China and internationally. More Details


Snowflake Analysis

Fair value with mediocre balance sheet.

Share Price & News

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


Latest Share Price and Events

Stable Share Price: 300301 is more volatile than 90% of CN stocks over the past 3 months, typically moving +/- 13% a week.

Volatility Over Time: 300301's weekly volatility (13%) has been stable over the past year, but is still higher than 75% of CN stocks.


Market Performance


7 Day Return

6.8%

300301

4.8%

CN Semiconductor

2.9%

CN Market


1 Year Return

6.8%

300301

47.0%

CN Semiconductor

31.8%

CN Market

Return vs Industry: 300301 underperformed the CN Semiconductor industry which returned 47% over the past year.

Return vs Market: 300301 underperformed the CN Market which returned 31.8% over the past year.


Shareholder returns

300301IndustryMarket
7 Day6.8%4.8%2.9%
30 Day-26.2%10.6%7.2%
90 Day-29.2%29.2%11.5%
1 Year6.8%6.8%47.4%47.0%34.0%31.8%
3 Year-35.4%-35.4%145.7%135.6%23.1%17.0%
5 Year-47.7%-47.8%201.7%191.0%51.6%41.1%

Long-Term Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

Is Shenzhen Changfang Group undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: 300301 (CN¥3.78) is trading below our estimate of fair value (CN¥25.77)

Significantly Below Fair Value: 300301 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 300301 is unprofitable, so we can't compare its PE Ratio to the CN Semiconductor industry average.

PE vs Market: 300301 is unprofitable, so we can't compare its PE Ratio to the CN market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 300301's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 300301 is good value based on its PB Ratio (2.6x) compared to the CN Semiconductor industry average (6.8x).


Next Steps

Future Growth

How is Shenzhen Changfang Group 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 Changfang Group 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 Changfang Group performed over the past 5 years?

-70.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 300301 is currently unprofitable.

Growing Profit Margin: 300301 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: 300301 is unprofitable, and losses have increased over the past 5 years at a rate of 70.5% per year.

Accelerating Growth: Unable to compare 300301's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 300301 is unprofitable, making it difficult to compare its past year earnings growth to the Semiconductor industry (27.4%).


Return on Equity

High ROE: 300301 has a negative Return on Equity (-42.88%), as it is currently unprofitable.


Next Steps

Financial Health

How is Shenzhen Changfang Group's financial position?


Financial Position Analysis

Short Term Liabilities: 300301's short term assets (CN¥1.3B) do not cover its short term liabilities (CN¥1.6B).

Long Term Liabilities: 300301's short term assets (CN¥1.3B) exceed its long term liabilities (CN¥326.9M).


Debt to Equity History and Analysis

Debt Level: 300301's debt to equity ratio (73.6%) is considered high.

Reducing Debt: 300301's debt to equity ratio has increased from 43.3% to 73.6% over the past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: Whilst unprofitable 300301 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: 300301 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 35.7% per year.


Next Steps

Dividend

What is Shenzhen Changfang Group current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 300301's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 300301'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 300301's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 300301's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: 300301 is not paying a notable dividend for the CN market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 300301'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?

0.7yrs

Average board tenure


CEO

Ziquan Deng

10.08yrs

Tenure

Mr. Ziquan Deng has been a General Manager of Shenzhen Changfang Group Co., Ltd. since December 12, 2010 and served as its Deputy General Manager. He served as Director of Shenzhen Changfang Group Co., Ltd...


Board Members

NamePositionTenureCompensationOwnership
Di Cheng Liang
Deputy GM & Non-Independent Director0.67yrno datano data
Qiu Run
Employee Representative Member of Supervisory Boardno datano datano data
Wei Nie
Chairman of Supervisory Boardno datano data2.05%
CN¥ 61.2m
Lv Ping Su
Member of Supervisory Boardno datano datano data
Ting Chen
Non-Employee Supervisor0.67yrno datano data
Rulian Jiang
Non-Independent Directorno datano datano data
Min Wang
Chairmanno datano datano data
Zhi Gang Fang
Independent Directorno datano datano data
Shou Qun Wang
Independent Directorno datano datano data
Zhigang Liu
Non-Independent Director0.67yrno datano data
Jun Ruan
Independent Director0.67yrno datano data
Hongping Tian
Non-Employee Supervisor0.67yrno datano data

0.7yrs

Average Tenure

45yo

Average Age

Experienced Board: 300301's board of directors are not considered experienced ( 0.7 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: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

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


Key Information

  • Name: Shenzhen Changfang Group Co., Ltd.
  • Ticker: 300301
  • Exchange: SZSE
  • Founded: 2005
  • Industry: Semiconductors
  • Sector: Semiconductors
  • Market Cap: CN¥2.987b
  • Shares outstanding: 790.11m
  • Website: https://www.cfled.com

Number of Employees


Location

  • Shenzhen Changfang Group Co., Ltd.
  • No. 3 Road, Julong Mountain
  • Dacheng Industrial Zone
  • Shenzhen
  • Guangdong Province
  • 518118
  • China

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
300301SZSE (Shenzhen Stock Exchange)YesDomestic SharesCNCNYMar 2012

Biography

Shenzhen Changfang Group Co., Ltd. researches, designs, develops, produces, and sells LED products in China and internationally. It primarily offers LED lamps for whole house, living room, bedding, and kit...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/01/23 09:32
End of Day Share Price2021/01/22 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.