company background image
6880

Shenzhen Transsion Holdings SHSE:688036 Stock Report

Last Price

CN¥89.23

Market Cap

CN¥71.5b

7D

-0.6%

1Y

-53.4%

Updated

30 Jun, 2022

Data

Company Financials +
688036 fundamental analysis
Snowflake Score
Valuation6/6
Future Growth5/6
Past Performance5/6
Financial Health6/6
Dividends3/6

688036 Stock Overview

Shenzhen Transsion Holdings Co., Ltd. manufactures and sells smart devices in Africa.

Shenzhen Transsion Holdings Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Shenzhen Transsion Holdings
Historical stock prices
Current Share PriceCN¥89.23
52 Week HighCN¥204.00
52 Week LowCN¥76.66
Beta1.96
1 Month Change-6.99%
3 Month Change-7.07%
1 Year Change-53.43%
3 Year Changen/a
5 Year Changen/a
Change since IPO54.38%

Recent News & Updates

Shareholder Returns

688036CN TechCN Market
7D-0.6%1.1%2.3%
1Y-53.4%-23.0%-8.1%

Return vs Industry: 688036 underperformed the CN Tech industry which returned -27.8% over the past year.

Return vs Market: 688036 underperformed the CN Market which returned -10.1% over the past year.

Price Volatility

Is 688036's price volatile compared to industry and market?
688036 volatility
688036 Average Weekly Movement8.0%
Tech Industry Average Movement6.4%
Market Average Movement7.3%
10% most volatile stocks in CN Market10.2%
10% least volatile stocks in CN Market5.1%

Stable Share Price: 688036 is not significantly more volatile than the rest of CN stocks over the past 3 months, typically moving +/- 8% a week.

Volatility Over Time: 688036's weekly volatility (8%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
201316,095Zhaojiang Zhuhttps://www.transsion.com

Shenzhen Transsion Holdings Co., Ltd. manufactures and sells smart devices in Africa. The company offers mobile phones under the TECNO, itel, and Infinix brands; smart accessories under the Oraimo brand; and home appliances under the Syinix brand, as well as after sales services under the Carlcare brand. It also provides mobile Internet services based on a self-developed operating system.

Shenzhen Transsion Holdings Fundamentals Summary

How do Shenzhen Transsion Holdings's earnings and revenue compare to its market cap?
688036 fundamental statistics
Market CapCN¥71.53b
Earnings (TTM)CN¥3.90b
Revenue (TTM)CN¥49.21b

18.3x

P/E Ratio

1.5x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
688036 income statement (TTM)
RevenueCN¥49.21b
Cost of RevenueCN¥38.96b
Gross ProfitCN¥10.25b
Other ExpensesCN¥6.35b
EarningsCN¥3.90b

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)4.87
Gross Margin20.83%
Net Profit Margin7.93%
Debt/Equity Ratio6.8%

How did 688036 perform over the long term?

See historical performance and comparison

Dividends

1.7%

Current Dividend Yield

31%

Payout Ratio
We’ve recently updated our valuation analysis.

Valuation

Is 688036 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

6/6

Valuation Score 6/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • PEG Ratio

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 688036?

Other financial metrics that can be useful for relative valuation.

688036 key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue1.2x
Enterprise Value/EBITDA13.4x
PEG Ratio0.8x

Price to Earnings Ratio vs Peers

How does 688036's PE Ratio compare to its peers?

688036 PE Ratio vs Peers
The above table shows the PE ratio for 688036 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average40.4x
002180 Ninestar
52.9x37.1%CN¥71.7b
603019 Dawning Information Industry
35.7x17.5%CN¥42.5b
000977 Inspur Electronic Information Industry
18.4x20.5%CN¥38.5b
000066 China Greatwall Technology Group
54.6xn/aCN¥34.9b
688036 Shenzhen Transsion Holdings
18.3x22.3%CN¥71.5b

Price-To-Earnings vs Peers: 688036 is good value based on its Price-To-Earnings Ratio (18.3x) compared to the peer average (40.4x).


Price to Earnings Ratio vs Industry

How does 688036's PE Ratio compare vs other companies in the CN Tech Industry?

Price-To-Earnings vs Industry: 688036 is good value based on its Price-To-Earnings Ratio (18.3x) compared to the CN Tech industry average (47.2x)


Price to Earnings Ratio vs Fair Ratio

What is 688036's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

688036 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio18.3x
Fair PE Ratio37.9x

Price-To-Earnings vs Fair Ratio: 688036 is good value based on its Price-To-Earnings Ratio (18.3x) compared to the estimated Fair Price-To-Earnings Ratio (37.9x).


Share Price vs Fair Value

What is the Fair Price of 688036 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 688036 (CN¥89.23) is trading below our estimate of fair value (CN¥164.67)

Significantly Below Fair Value: 688036 is trading below fair value by more than 20%.


Price to Earnings Growth Ratio

PEG Ratio: 688036 is good value based on its PEG Ratio (0.8x)


Discover undervalued companies

Future Growth

How is Shenzhen Transsion Holdings forecast to perform in the next 1 to 3 years based on estimates from 10 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


22.3%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 688036's forecast earnings growth (22.3% per year) is above the savings rate (3.2%).

Earnings vs Market: 688036's earnings (22.3% per year) are forecast to grow slower than the CN market (23.9% per year).

High Growth Earnings: 688036's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: 688036's revenue (22.2% per year) is forecast to grow faster than the CN market (17.5% per year).

High Growth Revenue: 688036's revenue (22.2% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: 688036's Return on Equity is forecast to be high in 3 years time (26.6%)


Discover growth companies

Past Performance

How has Shenzhen Transsion Holdings 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


36.1%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: 688036 has high quality earnings.

Growing Profit Margin: 688036's current net profit margins (7.9%) are higher than last year (7.2%).


Past Earnings Growth Analysis

Earnings Trend: 688036's earnings have grown significantly by 36.1% per year over the past 5 years.

Accelerating Growth: 688036's earnings growth over the past year (24.6%) is below its 5-year average (36.1% per year).

Earnings vs Industry: 688036 earnings growth over the past year (24.6%) exceeded the Tech industry 5.2%.


Return on Equity

High ROE: 688036's Return on Equity (26.2%) is considered high.


Discover strong past performing companies

Financial Health

How is Shenzhen Transsion Holdings'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: 688036's short term assets (CN¥27.2B) exceed its short term liabilities (CN¥13.9B).

Long Term Liabilities: 688036's short term assets (CN¥27.2B) exceed its long term liabilities (CN¥3.2B).


Debt to Equity History and Analysis

Debt Level: 688036 has more cash than its total debt.

Reducing Debt: 688036's debt to equity ratio has reduced from 41.8% to 6.8% over the past 5 years.

Debt Coverage: 688036's debt is well covered by operating cash flow (414%).

Interest Coverage: 688036 earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


Discover healthy companies

Dividend

What is Shenzhen Transsion Holdings's current dividend yield, its reliability and sustainability?

Dividend Score

3/6

Dividend Score 3/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage


1.68%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: 688036's dividend (1.68%) is higher than the bottom 25% of dividend payers in the CN market (0.48%).

High Dividend: 688036's dividend (1.68%) is low compared to the top 25% of dividend payers in the CN market (1.94%).


Stability and Growth of Payments

Stable Dividend: Whilst dividend payments have been stable, 688036 has been paying a dividend for less than 10 years.

Growing Dividend: 688036's dividend payments have increased, but the company has only paid a dividend for 2 years.


Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (30.8%), 688036's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonably low cash payout ratio (35.9%), 688036'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?

8.8yrs

Average management tenure


CEO

Zhaojiang Zhu

8.83yrs

Tenure

Mr. Zhaojiang Zhu serves as Chairman and General Manager at Shenzhen Transsion Holdings Co., Ltd. since August 2013. He used to work at zhejiang fengtong co., LTD., ningbo bird co., LTD., and shenzhen sait...


Leadership Team

Experienced Management: 688036's management team is seasoned and experienced (8.8 years average tenure).


Board Members

Experienced Board: 688036's board of directors are considered experienced (6.9 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

Shenzhen Transsion Holdings Co., Ltd.'s employee growth, exchange listings and data sources


Key Information

  • Name: Shenzhen Transsion Holdings Co., Ltd.
  • Ticker: 688036
  • Exchange: SHSE
  • Founded: 2013
  • Industry: Technology Hardware, Storage and Peripherals
  • Sector: Tech
  • Implied Market Cap: CN¥71.535b
  • Shares outstanding: 801.69m
  • Website: https://www.transsion.com

Number of Employees


Location

  • Shenzhen Transsion Holdings Co., Ltd.
  • No. 1702-1703, Desai Technology Building
  • 17th Floor
  • Shenzhen
  • Guangdong Province
  • 518000
  • China

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/06/30 00:00
End of Day Share Price2022/06/30 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.