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Zhejiang Jingsheng Mechanical & Electrical

Market Cap

CN¥43.0b

Last Updated

2021/04/19 09:17 UTC

Data Sources

Company Financials +

Executive Summary

Zhejiang Jingsheng Mechanical & Electrical Co., Ltd. More Details


Snowflake Analysis

Exceptional growth potential with flawless balance sheet.

Share Price & News

How has Zhejiang Jingsheng Mechanical & Electrical's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 300316 is not significantly more volatile than the rest of CN stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: 300316's weekly volatility (7%) has been stable over the past year.


Market Performance


7 Day Return

11.1%

300316

-1.9%

CN Semiconductor

-0.8%

CN Market


1 Year Return

64.8%

300316

28.8%

CN Semiconductor

24.8%

CN Market

Return vs Industry: 300316 exceeded the CN Semiconductor industry which returned 28.8% over the past year.

Return vs Market: 300316 exceeded the CN Market which returned 24.8% over the past year.


Shareholder returns

300316IndustryMarket
7 Day11.1%-1.9%-0.8%
30 Day8.1%4.4%0.9%
90 Day-10.6%-19.6%-6.6%
1 Year65.6%64.8%29.2%28.8%26.7%24.8%
3 Year113.5%110.0%88.2%81.4%28.9%22.6%
5 Year411.0%398.7%135.1%125.2%30.2%21.5%

Long-Term Price Volatility Vs. Market

How volatile is Zhejiang Jingsheng Mechanical & Electrical's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Zhejiang Jingsheng Mechanical & Electrical undervalued compared to its fair value and its price relative to the market?

51.99x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: 300316 (CN¥34.83) is trading above our estimate of fair value (CN¥22.85)

Significantly Below Fair Value: 300316 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 300316 is good value based on its PE Ratio (52x) compared to the CN Semiconductor industry average (59.5x).

PE vs Market: 300316 is poor value based on its PE Ratio (52x) compared to the CN market (33.5x).


Price to Earnings Growth Ratio

PEG Ratio: 300316 is poor value based on its PEG Ratio (1.9x)


Price to Book Ratio

PB vs Industry: 300316 is overvalued based on its PB Ratio (9.1x) compared to the CN Semiconductor industry average (5.2x).


Future Growth

How is Zhejiang Jingsheng Mechanical & Electrical forecast to perform in the next 1 to 3 years based on estimates from 8 analysts?

27.2%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 300316's forecast earnings growth (27.2% per year) is above the savings rate (3.3%).

Earnings vs Market: 300316's earnings (27.2% 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: 300316's revenue (26.5% per year) is forecast to grow faster than the CN market (17.7% per year).

High Growth Revenue: 300316's revenue (26.5% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: 300316's Return on Equity is forecast to be high in 3 years time (20.2%)


Past Performance

How has Zhejiang Jingsheng Mechanical & Electrical performed over the past 5 years?

31.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 300316 has high quality earnings.

Growing Profit Margin: 300316's current net profit margins (22.4%) are higher than last year (20.5%).


Past Earnings Growth Analysis

Earnings Trend: 300316's earnings have grown significantly by 31.7% per year over the past 5 years.

Accelerating Growth: 300316's earnings growth over the past year (34%) exceeds its 5-year average (31.7% per year).

Earnings vs Industry: 300316 earnings growth over the past year (34%) underperformed the Semiconductor industry 38.7%.


Return on Equity

High ROE: 300316's Return on Equity (17.3%) is considered low.


Financial Health

How is Zhejiang Jingsheng Mechanical & Electrical's financial position?


Financial Position Analysis

Short Term Liabilities: 300316's short term assets (CN¥7.3B) exceed its short term liabilities (CN¥4.9B).

Long Term Liabilities: 300316's short term assets (CN¥7.3B) exceed its long term liabilities (CN¥38.6M).


Debt to Equity History and Analysis

Debt Level: 300316's debt to equity ratio (1.4%) is considered satisfactory.

Reducing Debt: 300316's debt to equity ratio has reduced from 5.8% to 1.4% over the past 5 years.

Debt Coverage: 300316's debt is well covered by operating cash flow (1866.8%).

Interest Coverage: 300316 earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


Dividend

What is Zhejiang Jingsheng Mechanical & Electrical current dividend yield, its reliability and sustainability?

0.29%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 300316's dividend (0.29%) isn’t notable compared to the bottom 25% of dividend payers in the CN market (0.44%).

High Dividend: 300316's dividend (0.29%) is low compared to the top 25% of dividend payers in the CN market (1.83%).


Stability and Growth of Payments

Stable Dividend: 300316 has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: 300316 has only been paying a dividend for 9 years, and since then payments have fallen.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (14.9%), 300316's dividend payments are thoroughly covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: 300316's dividends in 3 years are forecast to be well covered by earnings (17% payout ratio).


Next Steps

Management

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

10.4yrs

Average management tenure


CEO

Jianwei Cao

10.42yrs

Tenure

Mr. Jianwei Cao has been General Manager and Director of Zhejiang Jingsheng Mechanical & Electrical Co., Ltd., since November 2010. Mr. Cao has been General Manager of Hangzhou Hui Xiang Electro-Hydraulic ...


Leadership Team

Experienced Management: 300316's management team is seasoned and experienced (10.4 years average tenure).


Board Members

Experienced Board: 300316's board of directors are seasoned and experienced ( 10.4 years average tenure).


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

Zhejiang Jingsheng Mechanical & Electrical Co., Ltd.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Zhejiang Jingsheng Mechanical & Electrical Co., Ltd.
  • Ticker: 300316
  • Exchange: SZSE
  • Founded: 2006
  • Industry: Semiconductor Equipment
  • Sector: Semiconductors
  • Market Cap: CN¥42.976b
  • Shares outstanding: 1.29b
  • Website: https://www.jsjd.cc

Number of Employees


Location

  • Zhejiang Jingsheng Mechanical & Electrical Co., Ltd.
  • No. 218 West Tongjiang Road
  • Economic Development Zone
  • Shaoxing
  • Zhejiang Province
  • China

Listings


Biography

Zhejiang Jingsheng Mechanical & Electrical Co., Ltd. engages in the manufacture and sale of semiconductor equipment and LED substrate material. The company provides automatic crystal growing furnaces; sili...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/04/19 09:17
End of Day Share Price2021/04/19 00:00
Earnings2020/12/31
Annual Earnings2020/12/31


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.