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Queclink Wireless Solutions

Market Cap

CN¥5.1b

Last Updated

2021/05/15 09:31 UTC

Data Sources

Company Financials +

Executive Summary

Queclink Wireless Solutions Co., Ltd. supplies wireless machine-to-machine devices and solutions worldwide. More Details


Snowflake Analysis

Flawless balance sheet with high growth potential.


Similar Companies

Share Price & News

How has Queclink Wireless Solutions's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 300590 is not significantly more volatile than the rest of CN stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: 300590's weekly volatility (6%) has been stable over the past year.


Market Performance


7 Day Return

3.8%

300590

3.3%

CN Communications

2.3%

CN Market


1 Year Return

-28.4%

300590

-21.6%

CN Communications

25.3%

CN Market

Return vs Industry: 300590 underperformed the CN Communications industry which returned -21.7% over the past year.

Return vs Market: 300590 underperformed the CN Market which returned 25.2% over the past year.


Shareholder returns

300590IndustryMarket
7 Day3.8%3.3%2.3%
30 Day-14.9%0.6%3.4%
90 Day-17.2%-6.0%-6.3%
1 Year-28.2%-28.4%-21.2%-21.6%27.2%25.3%
3 Year18.0%16.8%-13.5%-14.5%29.1%23.0%
5 Yearn/a-8.6%-10.6%40.1%30.9%

Long-Term Price Volatility Vs. Market

How volatile is Queclink Wireless Solutions's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Queclink Wireless Solutions undervalued compared to its fair value and its price relative to the market?

52.48x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: 300590 (CN¥21) is trading above our estimate of fair value (CN¥4.71)

Significantly Below Fair Value: 300590 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 300590 is poor value based on its PE Ratio (52.5x) compared to the CN Communications industry average (42.4x).

PE vs Market: 300590 is poor value based on its PE Ratio (52.5x) compared to the CN market (30.8x).


Price to Earnings Growth Ratio

PEG Ratio: 300590 is poor value based on its PEG Ratio (1.5x)


Price to Book Ratio

PB vs Industry: 300590 is overvalued based on its PB Ratio (4.6x) compared to the CN Communications industry average (2.9x).


Future Growth

How is Queclink Wireless Solutions forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?

34.4%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 300590's forecast earnings growth (34.4% per year) is above the savings rate (3.3%).

Earnings vs Market: 300590's earnings (34.4% per year) are forecast to grow faster than the CN market (21% per year).

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

Revenue vs Market: 300590's revenue (30.5% per year) is forecast to grow faster than the CN market (16.8% per year).

High Growth Revenue: 300590's revenue (30.5% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: 300590's Return on Equity is forecast to be low in 3 years time (15.6%).


Past Performance

How has Queclink Wireless Solutions performed over the past 5 years?

7.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 300590 has a high level of non-cash earnings.

Growing Profit Margin: 300590's current net profit margins (18.2%) are lower than last year (26.1%).


Past Earnings Growth Analysis

Earnings Trend: 300590's earnings have grown by 7.8% per year over the past 5 years.

Accelerating Growth: 300590's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 300590 had negative earnings growth (-37.9%) over the past year, making it difficult to compare to the Communications industry average (24.5%).


Return on Equity

High ROE: 300590's Return on Equity (8.7%) is considered low.


Financial Health

How is Queclink Wireless Solutions's financial position?


Financial Position Analysis

Short Term Liabilities: 300590's short term assets (CN¥966.2M) exceed its short term liabilities (CN¥227.0M).

Long Term Liabilities: 300590's short term assets (CN¥966.2M) exceed its long term liabilities (CN¥3.2M).


Debt to Equity History and Analysis

Debt Level: 300590 is debt free.

Reducing Debt: 300590 had no debt 5 years ago.

Debt Coverage: 300590 has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: 300590 has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Dividend

What is Queclink Wireless Solutions's current dividend yield, its reliability and sustainability?

0.48%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 300590's dividend (0.48%) is higher than the bottom 25% of dividend payers in the CN market (0.47%).

High Dividend: 300590's dividend (0.48%) is low compared to the top 25% of dividend payers in the CN market (1.86%).


Stability and Growth of Payments

Stable Dividend: 300590 has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: 300590 has only been paying a dividend for 4 years, and since then payments have fallen.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (25%), 300590's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: 300590's dividends in 3 years are forecast to be well covered by earnings (24.3% payout ratio).


Next Steps

Management

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

0.5yrs

Average board tenure


CEO

Ronghua Liao (44 yo)

no data

Tenure

CN¥1,482,400

Compensation

Mr. Ronghua Liao serves as the Non Independent Director at Queclink Wireless Solutions Co., Ltd since November 2, 2020 and serves as its Chairman & GM.


Board Members

Experienced Board: 300590's board of directors are not considered experienced ( 0.5 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

Queclink Wireless Solutions Co., Ltd.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Queclink Wireless Solutions Co., Ltd.
  • Ticker: 300590
  • Exchange: SZSE
  • Founded: 2009
  • Industry: Communications Equipment
  • Sector: Tech
  • Market Cap: CN¥5.087b
  • Shares outstanding: 242.22m
  • Website: https://www.queclink.com

Number of Employees


Location

  • Queclink Wireless Solutions Co., Ltd.
  • 717 Yishan Road
  • 3rd Floor
  • Shanghai
  • 200233
  • China

Listings


Biography

Queclink Wireless Solutions Co., Ltd. supplies wireless machine-to-machine devices and solutions worldwide. The company offers asset trackers, personal trackers, vehicle trackers, accessories, and animal i...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/05/15 09:31
End of Day Share Price2021/05/14 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.