XSEC:300118

Stock Analysis Report

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Executive Summary

Risen Energy Co., Ltd. researches, develops, produces, sells, and services solar cells and modules in China and internationally. More Details


Snowflake Analysis

Reasonable growth potential with adequate balance sheet.


Similar Companies

Share Price & News

How has Risen EnergyLtd's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 300118 is more volatile than 90% of CN stocks over the past 3 months, typically moving +/- 11% a week.

Volatility Over Time: 300118's weekly volatility (11%) has been stable over the past year, but is still higher than 75% of CN stocks.


Market Performance


7 Day Return

3.3%

300118

2.6%

CN Semiconductor

0.5%

CN Market


1 Year Return

73.7%

300118

42.8%

CN Semiconductor

25.8%

CN Market

Return vs Industry: 300118 exceeded the CN Semiconductor industry which returned 42.8% over the past year.

Return vs Market: 300118 exceeded the CN Market which returned 25.8% over the past year.


Shareholder returns

300118IndustryMarket
7 Day3.3%2.6%0.5%
30 Day-4.2%9.7%4.7%
90 Day60.0%24.3%8.1%
1 Year76.0%73.7%43.2%42.8%27.9%25.8%
3 Year128.3%122.1%136.0%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 Risen EnergyLtd's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Risen EnergyLtd undervalued compared to its fair value and its price relative to the market?

28.11x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: 300118 (CN¥27.07) is trading above our estimate of fair value (CN¥3.56)

Significantly Below Fair Value: 300118 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 300118 is good value based on its PE Ratio (28.1x) compared to the CN Semiconductor industry average (79.5x).

PE vs Market: 300118 is good value based on its PE Ratio (28.1x) compared to the CN market (35.4x).


Price to Earnings Growth Ratio

PEG Ratio: 300118 is poor value based on its PEG Ratio (1.2x)


Price to Book Ratio

PB vs Industry: 300118 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 Risen EnergyLtd forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?

22.9%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 300118's forecast earnings growth (22.9% per year) is above the savings rate (3.3%).

Earnings vs Market: 300118's earnings (22.9% per year) are forecast to grow slower than the CN market (24.3% per year).

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

Revenue vs Market: 300118's revenue (21.1% per year) is forecast to grow faster than the CN market (18.2% per year).

High Growth Revenue: 300118's revenue (21.1% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: 300118's Return on Equity is forecast to be low in 3 years time (12.6%).


Next Steps

Past Performance

How has Risen EnergyLtd performed over the past 5 years?

11.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 300118 has a large one-off gain of CN¥680.9M impacting its September 30 2020 financial results.

Growing Profit Margin: 300118's current net profit margins (5.4%) are lower than last year (6.3%).


Past Earnings Growth Analysis

Earnings Trend: 300118's earnings have grown by 11.5% per year over the past 5 years.

Accelerating Growth: 300118's earnings growth over the past year (3.9%) is below its 5-year average (11.5% per year).

Earnings vs Industry: 300118 earnings growth over the past year (3.9%) underperformed the Semiconductor industry 27.4%.


Return on Equity

High ROE: 300118's Return on Equity (8.3%) is considered low.


Next Steps

Financial Health

How is Risen EnergyLtd's financial position?


Financial Position Analysis

Short Term Liabilities: 300118's short term assets (CN¥13.8B) exceed its short term liabilities (CN¥12.7B).

Long Term Liabilities: 300118's short term assets (CN¥13.8B) exceed its long term liabilities (CN¥4.4B).


Debt to Equity History and Analysis

Debt Level: 300118's debt to equity ratio (51.3%) is considered high.

Reducing Debt: 300118's debt to equity ratio has reduced from 82.5% to 51.3% over the past 5 years.

Debt Coverage: 300118's debt is not well covered by operating cash flow (19.3%).

Interest Coverage: 300118's interest payments on its debt are well covered by EBIT (4.7x coverage).


Balance Sheet


Next Steps

Dividend

What is Risen EnergyLtd current dividend yield, its reliability and sustainability?

0.74%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 300118's dividend (0.74%) is higher than the bottom 25% of dividend payers in the CN market (0.39%).

High Dividend: 300118's dividend (0.74%) is low compared to the top 25% of dividend payers in the CN market (1.79%).


Stability and Growth of Payments

Stable Dividend: 300118's dividend payments have been volatile in the past 10 years.

Growing Dividend: 300118's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (20.8%), 300118's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

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

10.7yrs

Average management tenure


CEO

Risen EnergyLtd has no CEO, or we have no data on them.


Leadership Team

NamePositionTenureCompensationOwnership
Zhiyuan Cao
CFO & VP10.67yrsCN¥441.50kno data
Kunyou Tang
Chief Technology Officerno datano datano data
Shanxing Xue
Vice President and Secretary of the Board 11.67yrsno datano data
Jian Xie
Chairman & President1yrno datano data
. Chaudary
Chief Sales & Marketing Officerno datano datano data
Champion Yuan
General Manager of Risen HongKong Companyno datano datano data

10.7yrs

Average Tenure

54yo

Average Age

Experienced Management: 300118's management team is seasoned and experienced (10.7 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Jian Xie
Chairman & President1yrno datano data
Bin Zhong
Member of the Supervisory Board7.75yrsCN¥225.90kno data
Jianping Yuan
Non-Independent Director10.67yrsCN¥507.90kno data
Xue Ren Zeng
Employee Representative Member of the Supervisory Board11.67yrsCN¥243.40kno data
Jian Fei Ying
Member of the Supervisory Board7.17yrsCN¥217.10kno data
Qiang Huang
Non-Independent Director0.67yrno datano data
Yu Yang
Non-Independent Director0.67yrno datano data
Jiazhen Huo
Independent Director0.67yrno datano data
Liu Chen
Independent Director0.67yrno datano data
Haitao Xu
Supervisor0.67yrno datano data
Ying Wu
Independent Director0.67yrno datano data

0.7yrs

Average Tenure

40yo

Average Age

Experienced Board: 300118'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

Risen Energy Co.,Ltd.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Risen Energy Co.,Ltd.
  • Ticker: 300118
  • Exchange: XSEC
  • Founded: 1986
  • Industry: Semiconductors
  • Sector: Semiconductors
  • Market Cap: CN¥23.513b
  • Shares outstanding: 868.58m
  • Website: https://www.risenenergy.com

Number of Employees


Location

  • Risen Energy Co.,Ltd.
  • Tashan Industry Zone
  • Meilin
  • Ningbo
  • Zhejiang Province
  • China

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
300118SZSE (Shenzhen Stock Exchange)YesDomestic SharesCNCNYSep 2010
300118XSEC (Shenzhen Stock Exchange - Shenzhen-Hong Kong Stock Connect)YesDomestic SharesCNCNYSep 2010

Biography

Risen Energy Co., Ltd. researches, develops, produces, sells, and services solar cells and modules in China and internationally. The company offers high performance PV modules, half-cut PV modules, perc PV...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/01/21 17:35
End of Day Share Price2021/01/21 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.