NOT FOR DISTRIBUTION
Header cover image

Fiberhome Telecommunication Technologies

Market Cap

CN¥19.9b

Last Updated

2021/05/18 12:30 UTC

Data Sources

Company Financials +

Executive Summary

Fiberhome Telecommunication Technologies Co., Ltd. More Details


Snowflake Analysis

Adequate balance sheet unattractive dividend payer.


Similar Companies

Share Price & News

How has Fiberhome Telecommunication Technologies's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 600498 is less volatile than 75% of CN stocks over the past 3 months, typically moving +/- 3% a week.

Volatility Over Time: 600498's weekly volatility (3%) has been stable over the past year.


Market Performance


7 Day Return

1.7%

600498

4.2%

CN Communications

3.2%

CN Market


1 Year Return

-47.0%

600498

-20.3%

CN Communications

26.0%

CN Market

Return vs Industry: 600498 underperformed the CN Communications industry which returned -20.3% over the past year.

Return vs Market: 600498 underperformed the CN Market which returned 26% over the past year.


Shareholder returns

600498IndustryMarket
7 Day1.7%4.2%3.2%
30 Day-4.9%-1.2%3.6%
90 Day-5.5%-6.2%-5.1%
1 Year-46.4%-47.0%-19.9%-20.3%27.9%26.0%
3 Year-37.8%-40.0%-16.3%-17.3%27.6%21.6%
5 Year-18.6%-23.6%-10.9%-12.8%37.2%28.3%

Long-Term Price Volatility Vs. Market

How volatile is Fiberhome Telecommunication Technologies's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Fiberhome Telecommunication Technologies undervalued compared to its fair value and its price relative to the market?

59.5x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: 600498 (CN¥17.61) is trading above our estimate of fair value (CN¥8.3)

Significantly Below Fair Value: 600498 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 600498 is poor value based on its PE Ratio (59.5x) compared to the CN Communications industry average (41.1x).

PE vs Market: 600498 is poor value based on its PE Ratio (59.5x) compared to the CN market (30.5x).


Price to Earnings Growth Ratio

PEG Ratio: 600498 is poor value based on its PEG Ratio (4.2x)


Price to Book Ratio

PB vs Industry: 600498 is good value based on its PB Ratio (1.7x) compared to the CN Communications industry average (2.9x).


Future Growth

How is Fiberhome Telecommunication Technologies forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?

14.2%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 600498's forecast earnings growth (14.2% per year) is above the savings rate (3.3%).

Earnings vs Market: 600498's earnings (14.2% per year) are forecast to grow slower than the CN market (20.9% per year).

High Growth Earnings: 600498's earnings are forecast to grow, but not significantly.

Revenue vs Market: 600498's revenue is expected to decline over the next 3 years (-1.4% per year).

High Growth Revenue: 600498's revenue is forecast to decline over the next 3 years (-1.4% per year).


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: 600498's Return on Equity is forecast to be low in 3 years time (7.2%).


Past Performance

How has Fiberhome Telecommunication Technologies performed over the past 5 years?

-7.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 600498 has high quality earnings.

Growing Profit Margin: 600498's current net profit margins (1.5%) are lower than last year (2.7%).


Past Earnings Growth Analysis

Earnings Trend: 600498's earnings have declined by 7.9% per year over the past 5 years.

Accelerating Growth: 600498's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 600498 had negative earnings growth (-48.1%) over the past year, making it difficult to compare to the Communications industry average (24.5%).


Return on Equity

High ROE: 600498's Return on Equity (3%) is considered low.


Financial Health

How is Fiberhome Telecommunication Technologies's financial position?


Financial Position Analysis

Short Term Liabilities: 600498's short term assets (CN¥25.9B) exceed its short term liabilities (CN¥17.9B).

Long Term Liabilities: 600498's short term assets (CN¥25.9B) exceed its long term liabilities (CN¥5.4B).


Debt to Equity History and Analysis

Debt Level: 600498's debt to equity ratio (55%) is considered high.

Reducing Debt: 600498's debt to equity ratio has increased from 15.8% to 55% over the past 5 years.

Debt Coverage: 600498's debt is well covered by operating cash flow (22.2%).

Interest Coverage: 600498 earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


Dividend

What is Fiberhome Telecommunication Technologies's current dividend yield, its reliability and sustainability?

0.45%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 600498's dividend (0.45%) isn’t notable compared to the bottom 25% of dividend payers in the CN market (0.47%).

High Dividend: 600498's dividend (0.45%) is low compared to the top 25% of dividend payers in the CN market (1.87%).


Stability and Growth of Payments

Stable Dividend: 600498's dividend payments have been volatile in the past 10 years.

Growing Dividend: 600498's dividend payments have fallen over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (27%), 600498's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: 600498's dividends in 3 years are forecast to be well covered by earnings (43.9% payout ratio).


Next Steps

Management

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

6.4yrs

Average board tenure


CEO

Jun Ge (46 yo)

no data

Tenure

Mr. Jun Ge serves as the President at Fiberhome Telecommunication Technologies Co., Ltd. and served as its Chief Financial Officer, Vice President, Secretary of the Board and General Manager of the Finance...


Board Members

Experienced Board: 600498's board of directors are considered experienced (6.4 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

Fiberhome Telecommunication Technologies Co., Ltd.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Fiberhome Telecommunication Technologies Co., Ltd.
  • Ticker: 600498
  • Exchange: SHSE
  • Founded: 1974
  • Industry: Communications Equipment
  • Sector: Tech
  • Market Cap: CN¥19.870b
  • Shares outstanding: 1.13b
  • Website: https://www.fiberhome.com.cn

Number of Employees


Location

  • Fiberhome Telecommunication Technologies Co., Ltd.
  • No.6, Gaoxinsilu
  • East Lake High-Tech Development Zone
  • Wuhan
  • Hubei Province
  • 430205
  • China

Listings


Biography

Fiberhome Telecommunication Technologies Co., Ltd. provides information and communication network products and solutions in China. The company offers carrier solutions, such as optical network, broadband a...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/05/18 12:30
End of Day Share Price2021/05/18 00:00
Earnings2021/03/31
Annual Earnings2020/12/31


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.