6051

Wuxi NCE Power XSSC:605111 Stock Report

Last Price

CN¥105.95

Market Cap

CN¥21.2b

7D

12.6%

1Y

n/a

Updated

23 May, 2022

Data

Company Financials +
605111 fundamental analysis
Snowflake Score
Valuation3/6
Future Growth5/6
Past Performance5/6
Financial Health6/6
Dividends2/6

605111 Stock Overview

Wuxi NCE Power Co., Ltd. engages in the research and development, and marketing of semiconductor power devices in China.

Wuxi NCE Power Competitors

 

 

 

 

 

 

 

 

 

 

 

 

Price History & Performance

Summary of all time highs, changes and price drops for Wuxi NCE Power
Historical stock prices
Current Share PriceCN¥105.95
52 Week HighCN¥144.16
52 Week LowCN¥79.97
Beta0
1 Month Change15.78%
3 Month Change-11.29%
1 Year Changen/a
3 Year Changen/a
5 Year Changen/a
Change since IPO-23.71%

Recent News & Updates

Shareholder Returns

605111CN SemiconductorCN Market
7D12.6%7.0%2.5%
1Yn/a16.2%-13.1%

Return vs Industry: Insufficient data to determine how 605111 performed against the CN Semiconductor industry.

Return vs Market: Insufficient data to determine how 605111 performed against the CN Market.

Price Volatility

Is 605111's price volatile compared to industry and market?
605111 volatility
605111 Average Weekly Movement8.9%
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: 605111 is more volatile than 75% of CN stocks over the past 3 months, typically moving +/- 9% a week.

Volatility Over Time: Insufficient data to determine 605111's volatility change over the past year.

About the Company

FoundedEmployeesCEOWebsite
2013308n/ahttps://www.ncepower.com

Wuxi NCE Power Co., Ltd. engages in the research and development, and marketing of semiconductor power devices in China. It offers N-MOSFET, P-MOSFET, and N+P MOSFET discrete devices that are used in various applications, such as lithium battery protection modules, consumer electronics power supply products, uninterruptible power supply products, inverter and various electric power suppliers, portable digital power management systems, electric vehicle controllers, and LED illumination products. The company also provides super trench MOSFETs; super junction MOSFETs that are used in batteries of computers and servers, HID/LED illumination, industrial and roadway illumination, adaptors of PC and printer, and consumer electronics; and IGBT products for use in motor drive, welding, UPS, frequency converter, industrial inverter, solar converter, induction heating, and resonant switch applications.

Wuxi NCE Power Fundamentals Summary

How do Wuxi NCE Power's earnings and revenue compare to its market cap?
605111 fundamental statistics
Market CapCN¥21.18b
Earnings (TTM)CN¥447.97m
Revenue (TTM)CN¥1.60b

47.3x

P/E Ratio

13.3x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
605111 income statement (TTM)
RevenueCN¥1.60b
Cost of RevenueCN¥952.71m
Gross ProfitCN¥644.57m
Other ExpensesCN¥196.59m
EarningsCN¥447.97m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)2.24
Gross Margin40.35%
Net Profit Margin28.05%
Debt/Equity Ratio0%

How did 605111 perform over the long term?

See historical performance and comparison

Dividends

0.4%

Current Dividend Yield

18%

Payout Ratio

Valuation

Is Wuxi NCE Power undervalued compared to its fair value and its price relative to the market?

Valuation Score

3/6

Valuation Score 3/6

  • Below Fair Value

  • Significantly Below Fair Value

  • PE vs Industry

  • PE vs Market

  • PEG Ratio

  • PB vs Industry


39.6%

Undervalued compared to fair value

Share Price vs. Fair Value

Below Fair Value: 605111 (CN¥105.95) is trading below our estimate of fair value (CN¥175.35)

Significantly Below Fair Value: 605111 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 605111 is good value based on its PE Ratio (47.3x) compared to the CN Semiconductor industry average (48.7x).

PE vs Market: 605111 is poor value based on its PE Ratio (47.3x) compared to the CN market (31x).


Price to Earnings Growth Ratio

PEG Ratio: 605111 is poor value based on its PEG Ratio (2.2x)


Price to Book Ratio

PB vs Industry: 605111 is overvalued based on its PB Ratio (12x) compared to the CN Semiconductor industry average (4.6x).


Future Growth

How is Wuxi NCE Power forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?

Future Growth Score

5/6

Future Growth Score 5/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


21.4%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 605111's forecast earnings growth (21.4% per year) is above the savings rate (3.3%).

Earnings vs Market: 605111's earnings (21.4% 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: 605111's revenue (26.8% per year) is forecast to grow faster than the CN market (17.3% per year).

High Growth Revenue: 605111's revenue (26.8% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: 605111's Return on Equity is forecast to be high in 3 years time (24.9%)


Past Performance

How has Wuxi NCE Power performed over the past 5 years?

Past Performance Score

5/6

Past Performance Score 5/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


40.4%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: 605111 has a high level of non-cash earnings.

Growing Profit Margin: 605111's current net profit margins (28%) are higher than last year (17.2%).


Past Earnings Growth Analysis

Earnings Trend: 605111's earnings have grown significantly by 40.4% per year over the past 5 years.

Accelerating Growth: 605111's earnings growth over the past year (136%) exceeds its 5-year average (40.4% per year).

Earnings vs Industry: 605111 earnings growth over the past year (136%) exceeded the Semiconductor industry 66.5%.


Return on Equity

High ROE: 605111's Return on Equity (25.3%) is considered high.


Financial Health

How is Wuxi NCE Power's financial position?

Financial Health Score

6/6

Financial Health Score 6/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: 605111's short term assets (CN¥1.7B) exceed its short term liabilities (CN¥318.3M).

Long Term Liabilities: 605111's short term assets (CN¥1.7B) exceed its long term liabilities (CN¥32.8M).


Debt to Equity History and Analysis

Debt Level: 605111 is debt free.

Reducing Debt: 605111 had no debt 5 years ago.

Debt Coverage: 605111 has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: 605111 has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Dividend

What is Wuxi NCE Power current dividend yield, its reliability and sustainability?

Dividend Score

1/6

Dividend Score 1/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage


0.39%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: 605111's dividend (0.39%) isn’t notable compared to the bottom 25% of dividend payers in the CN market (0.53%).

High Dividend: 605111's dividend (0.39%) is low compared to the top 25% of dividend payers in the CN market (2.06%).


Stability and Growth of Payments

Stable Dividend: Too early to tell whether 605111's dividend payments have been stable as they only just started paying a dividend.

Growing Dividend: Too early to tell if 605111's dividend payments are increasing as they only just started paying a dividend.


Earnings Payout to Shareholders

Earnings Coverage: With its low payout ratio (18.2%), 605111's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonably low cash payout ratio (25.4%), 605111's dividend payments are well covered by cash flows.


Discover strong dividend paying companies

Management

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


CEO

Wuxi NCE Power has no CEO, or we have no data on them.


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 NCE Power Co., Ltd.'s employee growth, exchange listings and data sources


Key Information

  • Name: Wuxi NCE Power Co., Ltd.
  • Ticker: 605111
  • Exchange: XSSC
  • Founded: 2013
  • Industry: Semiconductors
  • Sector: Semiconductors
  • Implied Market Cap: CN¥21.185b
  • Shares outstanding: 199.95m
  • Website: https://www.ncepower.com

Number of Employees


Location

  • Wuxi NCE Power Co., Ltd.
  • Extended Xinda Road
  • Singapore Industrial Park
  • Wuxi
  • Jiangsu Province
  • 214131
  • 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 Price2022/05/20 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.