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Jolywood (Suzhou) Sunwatt

Market Cap

CN¥5.9b

Last Updated

2021/04/19 09:09 UTC

Data Sources

Company Financials +

Executive Summary

Jolywood (Suzhou) Sunwatt Co., Ltd. manufactures and sells integrated photovoltaic (PV) products worldwide. More Details


Snowflake Analysis

High growth potential, good value and pays a dividend.

Share Price & News

How has Jolywood (Suzhou) Sunwatt's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 300393 is not significantly more volatile than the rest of CN stocks over the past 3 months, typically moving +/- 8% a week.

Volatility Over Time: 300393's weekly volatility (8%) has been stable over the past year.


Market Performance


7 Day Return

2.8%

300393

-1.9%

CN Semiconductor

-0.8%

CN Market


1 Year Return

1.3%

300393

28.8%

CN Semiconductor

24.8%

CN Market

Return vs Industry: 300393 underperformed the CN Semiconductor industry which returned 28.8% over the past year.

Return vs Market: 300393 underperformed the CN Market which returned 24.8% over the past year.


Shareholder returns

300393IndustryMarket
7 Day2.8%-1.9%-0.8%
30 Day-4.1%4.4%0.9%
90 Day-15.7%-19.6%-6.6%
1 Year3.8%1.3%29.2%28.8%26.7%24.8%
3 Year-37.7%-40.7%88.2%81.4%28.9%22.6%
5 Year-22.8%-28.3%135.1%125.2%30.2%21.5%

Long-Term Price Volatility Vs. Market

How volatile is Jolywood (Suzhou) Sunwatt's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Jolywood (Suzhou) Sunwatt undervalued compared to its fair value and its price relative to the market?

19.83x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: 300393 (CN¥7.78) is trading above our estimate of fair value (CN¥4.34)

Significantly Below Fair Value: 300393 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 300393 is good value based on its PE Ratio (19.8x) compared to the CN Semiconductor industry average (59.5x).

PE vs Market: 300393 is good value based on its PE Ratio (19.8x) compared to the CN market (33.5x).


Price to Earnings Growth Ratio

PEG Ratio: 300393 is good value based on its PEG Ratio (0.5x)


Price to Book Ratio

PB vs Industry: 300393 is good value based on its PB Ratio (1.6x) compared to the CN Semiconductor industry average (5.2x).


Future Growth

How is Jolywood (Suzhou) Sunwatt forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

40.4%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 300393's forecast earnings growth (40.4% per year) is above the savings rate (3.3%).

Earnings vs Market: 300393's earnings (40.4% 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: 300393's revenue (28.4% per year) is forecast to grow faster than the CN market (17.7% per year).

High Growth Revenue: 300393's revenue (28.4% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: 300393's Return on Equity is forecast to be low in 3 years time (16.2%).


Past Performance

How has Jolywood (Suzhou) Sunwatt performed over the past 5 years?

10.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 300393 has a large one-off gain of CN¥103.5M impacting its September 30 2020 financial results.

Growing Profit Margin: 300393's current net profit margins (6.1%) are lower than last year (6.3%).


Past Earnings Growth Analysis

Earnings Trend: 300393's earnings have grown by 10.9% per year over the past 5 years.

Accelerating Growth: 300393's earnings growth over the past year (30.5%) exceeds its 5-year average (10.9% per year).

Earnings vs Industry: 300393 earnings growth over the past year (30.5%) underperformed the Semiconductor industry 38.7%.


Return on Equity

High ROE: 300393's Return on Equity (7.3%) is considered low.


Financial Health

How is Jolywood (Suzhou) Sunwatt's financial position?


Financial Position Analysis

Short Term Liabilities: 300393's short term assets (CN¥3.9B) do not cover its short term liabilities (CN¥4.1B).

Long Term Liabilities: 300393's short term assets (CN¥3.9B) exceed its long term liabilities (CN¥797.3M).


Debt to Equity History and Analysis

Debt Level: 300393's debt to equity ratio (42.9%) is considered high.

Reducing Debt: 300393's debt to equity ratio has increased from 24% to 42.9% over the past 5 years.

Debt Coverage: 300393's debt is not well covered by operating cash flow (9.6%).

Interest Coverage: 300393's interest payments on its debt are well covered by EBIT (20.7x coverage).


Balance Sheet


Dividend

What is Jolywood (Suzhou) Sunwatt current dividend yield, its reliability and sustainability?

2.50%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 300393's dividend (2.5%) is higher than the bottom 25% of dividend payers in the CN market (0.44%).

High Dividend: 300393's dividend (2.5%) is in the top 25% of dividend payers in the CN market (1.83%)


Stability and Growth of Payments

Stable Dividend: 300393 has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: 300393's dividend payments have increased, but the company has only paid a dividend for 6 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (49.6%), 300393's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: 300393's dividends in 3 years are forecast to be covered by earnings (62.3% payout ratio).


Next Steps

Management

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

3.8yrs

Average board tenure


CEO

Yuzheng Zhang (48 yo)

no data

Tenure

CN¥353,500

Compensation

Ms. Yuzheng Zhang serves as Chief Executive Officer and Director of Jolywood (Suzhou) Sunwatt Co., Ltd. Ms. Zhang serves as the Deputy General Manager at Jolywood (Suzhou) Sunwatt Co., Ltd. since November ...


Board Members

Experienced Board: 300393's board of directors are considered experienced (3.8 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 been diluted in the past year, with total shares outstanding growing by 20.7%.


Top Shareholders

Company Information

Jolywood (Suzhou) Sunwatt Co., Ltd.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Jolywood (Suzhou) Sunwatt Co., Ltd.
  • Ticker: 300393
  • Exchange: SZSE
  • Founded: 2008
  • Industry: Semiconductors
  • Sector: Semiconductors
  • Market Cap: CN¥5.888b
  • Shares outstanding: 768.62m
  • Website: https://www.jolywood.cn

Number of Employees


Location

  • Jolywood (Suzhou) Sunwatt Co., Ltd.
  • No. 2 Zhongxing Road
  • Chang kun Industrial Park
  • Changzhou
  • Jiangsu Province
  • China

Listings


Biography

Jolywood (Suzhou) Sunwatt Co., Ltd. manufactures and sells integrated photovoltaic (PV) products worldwide. It offers solar module backsheets, P-type and N-type mono-crystalline silicon solar cells, and N-...


Company Analysis and Financial Data Status

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