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Chengdu Information Technology of Chinese Academy of SciencesLtd SZSE:300678 Stock Report

Last Price

CN¥14.38

Market Cap

CN¥2.8b

7D

0.6%

1Y

-11.1%

Updated

02 May, 2022

Data

Company Financials
300678 fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance4/6
Financial Health4/6
Dividends1/6

300678 Stock Overview

Chengdu Information Technology of Chinese Academy of Sciences Co.,Ltd provides intelligent engineering, and related products and technical services to government, tobacco, oil and gas, medical, special printing, and other industries.

Price History & Performance

Summary of all time highs, changes and price drops for Chengdu Information Technology of Chinese Academy of SciencesLtd
Historical stock prices
Current Share PriceCN¥14.38
52 Week HighCN¥28.96
52 Week LowCN¥13.40
Beta0.58
1 Month Change-17.97%
3 Month Change-31.30%
1 Year Change-11.13%
3 Year Change-29.79%
5 Year Changen/a
Change since IPO129.06%

Recent News & Updates

Shareholder Returns

300678CN ITCN Market
7D0.6%2.6%4.7%
1Y-11.1%-21.3%-16.2%

Return vs Industry: 300678 exceeded the CN IT industry which returned -21.3% over the past year.

Return vs Market: 300678 exceeded the CN Market which returned -16.2% over the past year.

Price Volatility

Is 300678's price volatile compared to industry and market?
300678 volatility
300678 Average Weekly Movement7.3%
IT Industry Average Movement7.9%
Market Average Movement7.3%
10% most volatile stocks in CN Market10.2%
10% least volatile stocks in CN Market5.2%

Stable Share Price: 300678 is not significantly more volatile than the rest of CN stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: 300678's weekly volatility (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1958567n/ahttps://www.casit.com.cn

Chengdu Information Technology of Chinese Academy of Sciences Co.,Ltd provides intelligent engineering, and related products and technical services to government, tobacco, oil and gas, medical, special printing, and other industries. It offers electronic election, voting, register, and CPPCC systems, as well as group worker, other election, and intelligent conference solutions; and statistical and big data solutions for government. The company also provides various solutions for tobacco industry, including tobacco planting expert analysis system; tobacco digital warehousing and logistics integrated platform; data collection and intelligent diagnosis and analysis system in cigarette factory; life cycle tracking and management system for cigarette accessories; cigarette research and development information management system; and information infrastructure operation and maintenance management solutions.

Chengdu Information Technology of Chinese Academy of SciencesLtd Fundamentals Summary

How do Chengdu Information Technology of Chinese Academy of SciencesLtd's earnings and revenue compare to its market cap?
300678 fundamental statistics
Market CapCN¥2.84b
Earnings (TTM)CN¥44.26m
Revenue (TTM)CN¥499.87m

64.2x

P/E Ratio

5.7x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
300678 income statement (TTM)
RevenueCN¥499.87m
Cost of RevenueCN¥352.62m
Gross ProfitCN¥147.25m
Other ExpensesCN¥102.99m
EarningsCN¥44.26m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)0.22
Gross Margin29.46%
Net Profit Margin8.85%
Debt/Equity Ratio0.09%

How did 300678 perform over the long term?

See historical performance and comparison

Dividends

0.3%

Current Dividend Yield

21%

Payout Ratio

Valuation

Is Chengdu Information Technology of Chinese Academy of SciencesLtd undervalued compared to its fair value and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

  • Below Fair Value

  • Significantly Below Fair Value

  • PE vs Industry

  • PE vs Market

  • PEG Ratio

  • PB vs Industry


64.2x

Price to Earnings (PE) ratio

Share Price vs. Fair Value

Below Fair Value: 300678 (CN¥14.38) is trading above our estimate of fair value (CN¥0.92)

Significantly Below Fair Value: 300678 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 300678 is poor value based on its PE Ratio (64.2x) compared to the CN IT industry average (37.1x).

PE vs Market: 300678 is poor value based on its PE Ratio (64.2x) compared to the CN market (28.2x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 300678's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 300678 is overvalued based on its PB Ratio (3.5x) compared to the CN IT industry average (2.2x).


Future Growth

How is Chengdu Information Technology of Chinese Academy of SciencesLtd forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


27.8%

Forecasted Software 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 Chengdu Information Technology of Chinese Academy of SciencesLtd 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.


Past Performance

How has Chengdu Information Technology of Chinese Academy of SciencesLtd performed over the past 5 years?

Past Performance Score

4/6

Past Performance Score 4/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


-2.7%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: 300678 has high quality earnings.

Growing Profit Margin: 300678's current net profit margins (8.9%) are higher than last year (7.6%).


Past Earnings Growth Analysis

Earnings Trend: 300678's earnings have declined by 2.7% per year over the past 5 years.

Accelerating Growth: 300678's earnings growth over the past year (37.4%) exceeds its 5-year average (-2.7% per year).

Earnings vs Industry: 300678 earnings growth over the past year (37.4%) exceeded the IT industry 3%.


Return on Equity

High ROE: 300678's Return on Equity (5.7%) is considered low.


Financial Health

How is Chengdu Information Technology of Chinese Academy of SciencesLtd's financial position?

Financial Health Score

4/6

Financial Health Score 4/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: 300678's short term assets (CN¥847.8M) exceed its short term liabilities (CN¥200.5M).

Long Term Liabilities: 300678's short term assets (CN¥847.8M) exceed its long term liabilities (CN¥24.9M).


Debt to Equity History and Analysis

Debt Level: 300678 has more cash than its total debt.

Reducing Debt: 300678's debt to equity ratio has increased from 0% to 0.09% over the past 5 years.

Debt Coverage: 300678's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: 300678 earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


Dividend

What is Chengdu Information Technology of Chinese Academy of SciencesLtd 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


0.35%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: 300678's dividend (0.35%) isn’t notable compared to the bottom 25% of dividend payers in the CN market (0.59%).

High Dividend: 300678's dividend (0.35%) is low compared to the top 25% of dividend payers in the CN market (2.27%).


Stability and Growth of Payments

Stable Dividend: Whilst dividend payments have been stable, 300678 has been paying a dividend for less than 10 years.

Growing Dividend: 300678's dividend payments have increased, but the company has only paid a dividend for 4 years.


Earnings Payout to Shareholders

Earnings Coverage: With its low payout ratio (21.3%), 300678's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: 300678 is paying a dividend but the company has no free cash flows.


Next Steps

Management

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

1.3yrs

Average board tenure


CEO

Chengdu Information Technology of Chinese Academy of SciencesLtd has no CEO, or we have no data on them.


Board Members

Experienced Board: 300678's board of directors are not considered experienced ( 1.3 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 been diluted in the past year, with total shares outstanding growing by 9.8%.


Top Shareholders

Company Information

Chengdu Information Technology of Chinese Academy of Sciences Co.,Ltd's employee growth, exchange listings and data sources


Key Information

  • Name: Chengdu Information Technology of Chinese Academy of Sciences Co.,Ltd
  • Ticker: 300678
  • Exchange: SZSE
  • Founded: 1958
  • Industry: IT Consulting and Other Services
  • Sector: Software
  • Implied Market Cap: CN¥2.841b
  • Shares outstanding: 197.59m
  • Website: https://www.casit.com.cn

Number of Employees


Location

  • Chengdu Information Technology of Chinese Academy of Sciences Co.,Ltd
  • No. 9, Section 4
  • Renmin South Road
  • Chengdu
  • Sichuan Province
  • 610041
  • China

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/05/02 00:00
End of Day Share Price2022/04/29 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.