Wuxi Taiji Industry
Market Cap
CN¥19.5b
Last Updated
2021/01/23 10:29 UTC
Data Sources
Company Financials
Executive Summary
Wuxi Taiji Industry Company Ltd. primarily engages in semiconductor packaging assembly and test, chemical fibers, tire cord fabrics, and conveyor belt fabrics businesses in China and internationally. More Details
Rewards
Risk Analysis
Snowflake Analysis
Undervalued with excellent balance sheet.
Share Price & News
How has Wuxi Taiji Industry's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 600667 is not significantly more volatile than the rest of CN stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: 600667's weekly volatility (5%) has been stable over the past year.
Market Performance
7 Day Return
-0.9%
600667
4.8%
CN Semiconductor
2.9%
CN Market
1 Year Return
-3.4%
600667
47.0%
CN Semiconductor
31.8%
CN Market
Return vs Industry: 600667 underperformed the CN Semiconductor industry which returned 47% over the past year.
Return vs Market: 600667 underperformed the CN Market which returned 31.8% over the past year.
Shareholder returns
| 600667 | Industry | Market | |
|---|---|---|---|
| 7 Day | -0.9% | 4.8% | 2.9% |
| 30 Day | -2.3% | 10.6% | 7.2% |
| 90 Day | -13.8% | 29.2% | 11.5% |
| 1 Year | -2.2%-3.4% | 47.4%47.0% | 34.0%31.8% |
| 3 Year | 15.9%10.9% | 145.7%135.6% | 23.1%17.0% |
| 5 Year | 72.7%64.1% | 201.7%191.0% | 51.6%41.1% |
Long-Term Price Volatility Vs. Market
How volatile is Wuxi Taiji Industry's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Valuation
Is Wuxi Taiji Industry 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: 600667 (CN¥9.27) is trading below our estimate of fair value (CN¥23.06)
Significantly Below Fair Value: 600667 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 600667 is good value based on its PE Ratio (27.1x) compared to the CN Semiconductor industry average (78.6x).
PE vs Market: 600667 is good value based on its PE Ratio (27.1x) compared to the CN market (35.1x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 600667's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 600667 is good value based on its PB Ratio (2.8x) compared to the CN Semiconductor industry average (6.8x).
Next Steps
Future Growth
How is Wuxi Taiji Industry 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 Wuxi Taiji Industry 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
- Examine whether Wuxi Taiji Industry is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
- Explore growth companies in the Semiconductors industry.
Past Performance
How has Wuxi Taiji Industry performed over the past 5 years?
31.3%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 600667 has high quality earnings.
Growing Profit Margin: 600667's current net profit margins (4%) are higher than last year (3.9%).
Past Earnings Growth Analysis
Earnings Trend: 600667's earnings have grown significantly by 31.3% per year over the past 5 years.
Accelerating Growth: 600667's earnings growth over the past year (4.9%) is below its 5-year average (31.3% per year).
Earnings vs Industry: 600667 earnings growth over the past year (4.9%) underperformed the Semiconductor industry 27.4%.
Return on Equity
High ROE: 600667's Return on Equity (10.3%) is considered low.
Next Steps
Financial Health
How is Wuxi Taiji Industry's financial position?
Financial Position Analysis
Short Term Liabilities: 600667's short term assets (CN¥12.3B) exceed its short term liabilities (CN¥11.4B).
Long Term Liabilities: 600667's short term assets (CN¥12.3B) exceed its long term liabilities (CN¥1.5B).
Debt to Equity History and Analysis
Debt Level: 600667's debt to equity ratio (67%) is considered high.
Reducing Debt: 600667's debt to equity ratio has reduced from 114.7% to 67% over the past 5 years.
Debt Coverage: 600667's debt is well covered by operating cash flow (41.7%).
Interest Coverage: 600667's interest payments on its debt are well covered by EBIT (11.4x coverage).
Balance Sheet
Next Steps
Dividend
What is Wuxi Taiji Industry current dividend yield, its reliability and sustainability?
1.60%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 600667's dividend (1.6%) is higher than the bottom 25% of dividend payers in the CN market (0.39%).
High Dividend: 600667's dividend (1.6%) is low compared to the top 25% of dividend payers in the CN market (1.81%).
Stability and Growth of Payments
Stable Dividend: 600667 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 600667's dividend payments have increased, but the company has only paid a dividend for 9 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (43.3%), 600667'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?
7.6yrs
Average management tenure
CEO
Hongwei Sun (53 yo)
4.42yrs
Tenure
CN¥661,000
Compensation
Mr. Sun Hongwei has been General Manager and Director of Wuxi Taiji Industry Company Ltd. since August 31, 2016. Mr. Sun served as General Manager of Wuxi Taiji Industry Company Ltd. since June 28, 2013 an...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| GM & Director | 4.42yrs | CN¥661.00k | no data | |
| Chief Accountant | no data | CN¥560.40k | no data | |
| Secretary of the Board | no data | no data | no data | |
| Chief Engineer | 14.75yrs | CN¥393.80k | no data | |
| Deputy General Manager | no data | CN¥440.60k | no data | |
| Deputy General Manager | no data | CN¥463.60k | no data | |
| Chief Economist | no data | CN¥499.20k | no data | |
| Secretary | 7.58yrs | CN¥99.40k | no data |
7.6yrs
Average Tenure
53.5yo
Average Age
Experienced Management: 600667's management team is seasoned and experienced (7.6 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| GM & Director | 4.42yrs | CN¥661.00k | no data | |
| Independent Director | 17.08yrs | CN¥70.00k | no data | |
| Director | no data | CN¥885.60k | no data | |
| Chairman of the Supervisory Board | 10.58yrs | no data | no data | |
| Director | no data | no data | no data | |
| Independent Director | no data | CN¥90.00k | no data | |
| Vice-Chairman of the Board of Directors | no data | CN¥1.65m | 1.45% CN¥ 283.6m | |
| Chairman of the Board of Directors | no data | no data | no data | |
| Director | no data | no data | no data | |
| Director | no data | no data | no data | |
| Independent Director | no data | CN¥40.00k | no data | |
| Independent Director | no data | no data | no data |
10.6yrs
Average Tenure
56yo
Average Age
Experienced Board: 600667's board of directors are seasoned and experienced ( 10.6 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
Wuxi Taiji Industry Company Ltd.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Wuxi Taiji Industry Company Ltd.
- Ticker: 600667
- Exchange: XSSC
- Founded: 1966
- Industry: Semiconductors
- Sector: Semiconductors
- Market Cap: CN¥19.524b
- Shares outstanding: 2.11b
- Website: https://www.wxtj.com
Number of Employees
Location
- Wuxi Taiji Industry Company Ltd.
- Yangtze River Delta Economic Development Zone
- Wuxi
- Jiangsu Province
- 214024
- China
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| 600667 | SHSE (Shanghai Stock Exchange) | Yes | Domestic Shares | CN | CNY | Nov 1994 |
| 600667 | XSSC (Shanghai Stock Exchange - Shanghai - Hong Kong Stock Connect) | Yes | Domestic Shares | CN | CNY | Nov 1994 |
Biography
Wuxi Taiji Industry Company Ltd. primarily engages in semiconductor packaging assembly and test, chemical fibers, tire cord fabrics, and conveyor belt fabrics businesses in China and internationally. The c...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/01/23 10:29 |
| End of Day Share Price | 2021/01/22 00:00 |
| Earnings | 2020/09/30 |
| Annual Earnings | 2019/12/31 |
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.