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3007

Shenzhen S.C New Energy Technology SZSE:300724 Stock Report

Last Price

CN¥70.05

Market Cap

CN¥24.4b

7D

6.9%

1Y

-28.4%

Updated

23 May, 2022

Data

Company Financials +
300724 fundamental analysis
Snowflake Score
Valuation4/6
Future Growth2/6
Past Performance3/6
Financial Health5/6
Dividends0/6

300724 Stock Overview

Shenzhen S.C New Energy Technology Corporation engages in research and development, and manufactures and sells photovoltaic and green energy equipment.

Shenzhen S.C New Energy Technology Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Shenzhen S.C New Energy Technology
Historical stock prices
Current Share PriceCN¥70.05
52 Week HighCN¥210.80
52 Week LowCN¥47.20
Beta1.19
1 Month Change27.67%
3 Month Change-15.83%
1 Year Change-28.45%
3 Year Change146.66%
5 Year Changen/a
Change since IPO243.55%

Recent News & Updates

Shareholder Returns

300724CN SemiconductorCN Market
7D6.9%7.0%2.5%
1Y-28.4%16.2%-13.1%

Return vs Industry: 300724 underperformed the CN Semiconductor industry which returned 16.2% over the past year.

Return vs Market: 300724 underperformed the CN Market which returned -13.1% over the past year.

Price Volatility

Is 300724's price volatile compared to industry and market?
300724 volatility
300724 Average Weekly Movement9.4%
Semiconductor Industry Average Movement7.7%
Market Average Movement7.3%
10% most volatile stocks in CN Market10.3%
10% least volatile stocks in CN Market5.3%

Stable Share Price: 300724 is more volatile than 75% of CN stocks over the past 3 months, typically moving +/- 9% a week.

Volatility Over Time: 300724's weekly volatility (9%) has been stable over the past year, but is still higher than 75% of CN stocks.

About the Company

FoundedEmployeesCEOWebsite
20032,816Shijun Lihttps://www.chinasc.com.cn/index.html

Shenzhen S.C New Energy Technology Corporation engages in research and development, and manufactures and sells photovoltaic and green energy equipment. The company offers MES system for crystalline solar cell production line; crystalline solar cell production line turnkey solution; automatic intelligent factory equipment; automatic wafer handling systems for DOA equipment and PECVD; automatic wafer unloader and loader; and automatic ultrasonic wafer cleaning equipment for cleaning and drying wafers after slicing. It also provides crystalline silicon battery equipment, such as automatic mono-crystalline and mono-crystalline/MCCE texturing equipment for texturing and cleaning of mono crystalline wafers; integrated PSG removal and edge isolation equipment for etching, cleaning, and drying of mono/multi-crystalline wafers; and DOA low pressure equipment for doping of silicon wafers in the manufacturing process of crystalline silicon solar cell and forming of PN junctions.

Shenzhen S.C New Energy Technology Fundamentals Summary

How do Shenzhen S.C New Energy Technology's earnings and revenue compare to its market cap?
300724 fundamental statistics
Market CapCN¥24.40b
Earnings (TTM)CN¥779.24m
Revenue (TTM)CN¥5.23b

31.3x

P/E Ratio

4.7x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
300724 income statement (TTM)
RevenueCN¥5.23b
Cost of RevenueCN¥4.03b
Gross ProfitCN¥1.21b
Other ExpensesCN¥425.89m
EarningsCN¥779.24m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)2.24
Gross Margin23.03%
Net Profit Margin14.89%
Debt/Equity Ratio0.5%

How did 300724 perform over the long term?

See historical performance and comparison

Dividends

0.3%

Current Dividend Yield

8%

Payout Ratio

Valuation

Is Shenzhen S.C New Energy Technology undervalued compared to its fair value and its price relative to the market?

Valuation Score

4/6

Valuation Score 4/6

  • Below Fair Value

  • Significantly Below Fair Value

  • PE vs Industry

  • PE vs Market

  • PEG Ratio

  • PB vs Industry


41.6%

Undervalued compared to fair value

Share Price vs. Fair Value

Below Fair Value: 300724 (CN¥70.05) is trading below our estimate of fair value (CN¥120.02)

Significantly Below Fair Value: 300724 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 300724 is good value based on its PE Ratio (31.3x) compared to the CN Semiconductor industry average (48.7x).

PE vs Market: 300724 is poor value based on its PE Ratio (31.3x) compared to the CN market (31x).


Price to Earnings Growth Ratio

PEG Ratio: 300724 is poor value based on its PEG Ratio (1.6x)


Price to Book Ratio

PB vs Industry: 300724 is good value based on its PB Ratio (3.8x) compared to the CN Semiconductor industry average (4.6x).


Future Growth

How is Shenzhen S.C New Energy Technology forecast to perform in the next 1 to 3 years based on estimates from 8 analysts?

Future Growth Score

2/6

Future Growth Score 2/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


20.2%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 300724's forecast earnings growth (20.2% per year) is above the savings rate (3.3%).

Earnings vs Market: 300724's earnings (20.2% per year) are forecast to grow slower than the CN market (23.6% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: 300724's revenue (13% per year) is forecast to grow slower than the CN market (17.3% per year).

High Growth Revenue: 300724's revenue (13% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: 300724's Return on Equity is forecast to be low in 3 years time (15.3%).


Past Performance

How has Shenzhen S.C New Energy Technology performed over the past 5 years?

Past Performance Score

3/6

Past Performance Score 3/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


27.2%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: 300724 has high quality earnings.

Growing Profit Margin: 300724's current net profit margins (14.9%) are higher than last year (13.7%).


Past Earnings Growth Analysis

Earnings Trend: 300724's earnings have grown significantly by 27.2% per year over the past 5 years.

Accelerating Growth: 300724's earnings growth over the past year (20.2%) is below its 5-year average (27.2% per year).

Earnings vs Industry: 300724 earnings growth over the past year (20.2%) underperformed the Semiconductor industry 66.5%.


Return on Equity

High ROE: 300724's Return on Equity (12%) is considered low.


Financial Health

How is Shenzhen S.C New Energy Technology's financial position?

Financial Health Score

5/6

Financial Health Score 5/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: 300724's short term assets (CN¥11.9B) exceed its short term liabilities (CN¥6.5B).

Long Term Liabilities: 300724's short term assets (CN¥11.9B) exceed its long term liabilities (CN¥41.2M).


Debt to Equity History and Analysis

Debt Level: 300724 has more cash than its total debt.

Reducing Debt: Insufficient data to determine if 300724's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: 300724's debt is well covered by operating cash flow (3970.9%).

Interest Coverage: 300724 earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


Dividend

What is Shenzhen S.C New Energy Technology current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage


0.26%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: 300724's dividend (0.26%) isn’t notable compared to the bottom 25% of dividend payers in the CN market (0.53%).

High Dividend: 300724's dividend (0.26%) is low compared to the top 25% of dividend payers in the CN market (2.06%).


Stability and Growth of Payments

Stable Dividend: 300724 is not paying a notable dividend for the CN market, therefore no need to check if payments are stable.

Growing Dividend: 300724 is not paying a notable dividend for the CN market, therefore no need to check if payments are increasing.


Earnings Payout to Shareholders

Earnings Coverage: 300724 is not paying a notable dividend for the CN market.


Cash Payout to Shareholders

Cash Flow Coverage: 300724 is not paying a notable dividend for the CN market.


Discover strong dividend paying companies

Management

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


CEO

Shijun Li

no data

Tenure

Mr. Shijun Li serves as the General Manager and a Director of Shenzhen S.C New Energy Technology Corporation (formerly known as S.C New Energy Technology Corporation).


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 S.C New Energy Technology Corporation's employee growth, exchange listings and data sources


Key Information

  • Name: Shenzhen S.C New Energy Technology Corporation
  • Ticker: 300724
  • Exchange: SZSE
  • Founded: 2003
  • Industry: Semiconductor Equipment
  • Sector: Semiconductors
  • Implied Market Cap: CN¥24.397b
  • Shares outstanding: 348.28m
  • Website: https://www.chinasc.com.cn/index.html

Number of Employees


Location

  • Shenzhen S.C New Energy Technology Corporation
  • No.62 Jinniu East Road
  • Zhukeng Community
  • Shenzhen
  • Guangdong Province
  • China

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/05/23 00:00
End of Day Share Price2022/05/23 00:00
Earnings2022/03/31
Annual Earnings2021/12/31


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.