company background image
2426

Suzhou Victory Precision ManufactureSZSE:002426 Stock Report

Market Cap

CN¥9.4b

7D

3.8%

1Y

31.9%

Updated

28 Nov, 2021

Data

Company Financials
2426 fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance0/6
Financial Health3/6
Dividends0/6

2426 Stock Overview

Suzhou Victory Precision Manufacture Co., Ltd.

Suzhou Victory Precision Manufacture Competitors

Catcher Technology

TWSE:2474

NT$113.0b

Ju Teng International Holdings

SEHK:3336

HK$1.1b

Tongda Hong Tai Holdings

SEHK:2363

HK$39.3m

Price History & Performance

Summary of all time highs, changes and price drops for Suzhou Victory Precision Manufacture
Historical stock prices
Current Share PriceCN¥2.73
52 Week HighCN¥3.72
52 Week LowCN¥1.80
Beta0.61
1 Month Change14.71%
3 Month Change0.74%
1 Year Change31.88%
3 Year Change3.02%
5 Year Change-71.47%
Change since IPO-25.00%

Recent News & Updates

Shareholder Returns

2426CN ElectronicCN Market
7D3.8%-0.5%0.6%
1Y31.9%2.9%9.0%

Return vs Industry: 002426 exceeded the CN Electronic industry which returned 2.9% over the past year.

Return vs Market: 002426 exceeded the CN Market which returned 9% over the past year.

Price Volatility

Is 2426's price volatile compared to industry and market?
2426 volatility
2426 Average Weekly Movement7.0%
Electronic Industry Average Movement6.1%
Market Average Movement6.2%
10% most volatile stocks in CN Market10.1%
10% least volatile stocks in CN Market3.5%

Stable Share Price: 002426 is not significantly more volatile than the rest of CN stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: 002426's weekly volatility (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
20035,745Haifeng Caohttps://www.vicsz.com

Suzhou Victory Precision Manufacture Co., Ltd. engages in the research and development, design, production, and sale of precision mechanical modules primarily in China. The company’s products are used in TV stands, TV front bezels and back covers, and notebooks.

Suzhou Victory Precision Manufacture Fundamentals Summary

How do Suzhou Victory Precision Manufacture's earnings and revenue compare to its market cap?
2426 fundamental statistics
Market CapCN¥9.40b
Earnings (TTM)-CN¥215.84m
Revenue (TTM)CN¥6.26b

1.5x

P/S Ratio

-43.5x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
2426 income statement (TTM)
RevenueCN¥6.26b
Cost of RevenueCN¥5.32b
Gross ProfitCN¥940.64m
ExpensesCN¥1.16b
Earnings-CN¥215.84m

Last Reported Earnings

Sep 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.063
Gross Margin15.02%
Net Profit Margin-3.45%
Debt/Equity Ratio74.2%

How did 2426 perform over the long term?

See historical performance and comparison

Valuation

Is Suzhou Victory Precision Manufacture undervalued compared to its fair value and its price relative to the market?

2.1x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate 002426's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate 002426's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: 002426 is unprofitable, so we can't compare its PE Ratio to the CN Electronic industry average.

PE vs Market: 002426 is unprofitable, so we can't compare its PE Ratio to the CN market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 002426's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 002426 is good value based on its PB Ratio (2.1x) compared to the CN Electronic industry average (3.7x).


Future Growth

How is Suzhou Victory Precision Manufacture forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

25.3%

Forecasted Tech 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 Suzhou Victory Precision Manufacture 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 Suzhou Victory Precision Manufacture performed over the past 5 years?

-39.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 002426 is currently unprofitable.

Growing Profit Margin: 002426 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: 002426 is unprofitable, and losses have increased over the past 5 years at a rate of 39.7% per year.

Accelerating Growth: Unable to compare 002426's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 002426 is unprofitable, making it difficult to compare its past year earnings growth to the Electronic industry (19.2%).


Return on Equity

High ROE: 002426 has a negative Return on Equity (-3.87%), as it is currently unprofitable.


Financial Health

How is Suzhou Victory Precision Manufacture's financial position?


Financial Position Analysis

Short Term Liabilities: 002426's short term assets (CN¥4.8B) do not cover its short term liabilities (CN¥5.3B).

Long Term Liabilities: 002426's short term assets (CN¥4.8B) exceed its long term liabilities (CN¥363.0M).


Debt to Equity History and Analysis

Debt Level: 002426's net debt to equity ratio (59.4%) is considered high.

Reducing Debt: 002426's debt to equity ratio has reduced from 81.6% to 74.2% over the past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: 002426 has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: 002426 has less than a year of cash runway if free cash flow continues to grow at historical rates of 37.3% each year.


Dividend

What is Suzhou Victory Precision Manufacture current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 002426's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 002426's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if 002426's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 002426's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: 002426 is not paying a notable dividend for the CN market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 002426's dividend in 3 years as they are not forecast to pay a notable one for the CN market.


Next Steps

Management

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

1.3yrs

Average board tenure


CEO

Haifeng Cao (48 yo)

no data

Tenure

CN¥299,300

Compensation

Mr. Haifeng Cao serves as General Manager of Suzhou Victory Precision Manufacture Co., Ltd. Mr. Cao was Director of Suzhou Victory Precision Manufacture Co., Ltd. From 2005 to 2011, Mr. Cao previously serv...


Board Members

Experienced Board: 002426'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 not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Suzhou Victory Precision Manufacture Co., Ltd.'s employee growth, exchange listings and data sources


Key Information

  • Name: Suzhou Victory Precision Manufacture Co., Ltd.
  • Ticker: 2426
  • Exchange: SZSE
  • Founded: 2003
  • Industry: Electronic Components
  • Sector: Tech
  • Market Cap: CN¥9.395b
  • Shares outstanding: 3.44b
  • Website: https://www.vicsz.com

Number of Employees


Location

  • Suzhou Victory Precision Manufacture Co., Ltd.
  • No. 55, Xujing Road
  • Xuguan Industry Zone
  • Suzhou
  • Jiangsu Province
  • China

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/11/28 09:02
End of Day Share Price2021/11/26 00:00
Earnings2021/09/30
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.