SZSE:300747

Stock Analysis Report

Wuhan Raycus Fiber Laser TechnologiesLtd

Executive Summary

Wuhan Raycus Fiber Laser Technologies Co., Ltd.


Snowflake Analysis

Exceptional growth potential with flawless balance sheet.


Similar Companies

Share Price & News

How has Wuhan Raycus Fiber Laser TechnologiesLtd's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 300747's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-5.1%

300747

-1.7%

CN Electronic

2.3%

CN Market


1 Year Return

-36.2%

300747

3.0%

CN Electronic

-8.9%

CN Market

Return vs Industry: 300747 underperformed the CN Electronic industry which returned 3% over the past year.

Return vs Market: 300747 underperformed the CN Market which returned -8.9% over the past year.


Shareholder returns

300747IndustryMarket
7 Day-5.1%-1.7%2.3%
30 Day-17.8%-18.6%-6.7%
90 Day-34.0%-8.4%-6.1%
1 Year-36.0%-36.2%4.1%3.0%-7.4%-8.9%
3 Yearn/a3.2%0.9%-11.9%-15.5%
5 Yearn/a-2.6%-5.5%-19.5%-24.4%

Price Volatility Vs. Market

How volatile is Wuhan Raycus Fiber Laser TechnologiesLtd's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Wuhan Raycus Fiber Laser TechnologiesLtd undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: 300747 (CN¥77.8) is trading below our estimate of fair value (CN¥349.79)

Significantly Below Fair Value: 300747 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 300747 is poor value based on its PE Ratio (45.8x) compared to the Electronic industry average (40.9x).

PE vs Market: 300747 is poor value based on its PE Ratio (45.8x) compared to the CN market (31.9x).


Price to Earnings Growth Ratio

PEG Ratio: 300747 is poor value based on its PEG Ratio (1.2x)


Price to Book Ratio

PB vs Industry: 300747 is overvalued based on its PB Ratio (6.6x) compared to the CN Electronic industry average (3.6x).


Next Steps

Future Growth

How is Wuhan Raycus Fiber Laser TechnologiesLtd forecast to perform in the next 1 to 3 years based on estimates from 7 analysts?

39.3%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 300747's forecast earnings growth (39.3% per year) is above the savings rate (3.2%).

Earnings vs Market: 300747's earnings (39.3% 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: 300747's revenue (28.4% per year) is forecast to grow faster than the CN market (15.8% per year).

High Growth Revenue: 300747's revenue (28.4% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: 300747's Return on Equity is forecast to be high in 3 years time (21.3%)


Next Steps

Past Performance

How has Wuhan Raycus Fiber Laser TechnologiesLtd performed over the past 5 years?

31.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 300747 has high quality earnings.

Growing Profit Margin: 300747's current net profit margins (16.2%) are lower than last year (29.6%).


Past Earnings Growth Analysis

Earnings Trend: 300747's earnings have grown significantly by 31.5% per year over the past 5 years.

Accelerating Growth: 300747's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 300747 had negative earnings growth (-24.7%) over the past year, making it difficult to compare to the Electronic industry average (10.2%).


Return on Equity

High ROE: 300747's Return on Equity (14%) is considered low.


Next Steps

Financial Health

How is Wuhan Raycus Fiber Laser TechnologiesLtd's financial position?


Financial Position Analysis

Short Term Liabilities: 300747's short term assets (CN¥2.5B) exceed its short term liabilities (CN¥591.6M).

Long Term Liabilities: 300747's short term assets (CN¥2.5B) exceed its long term liabilities (CN¥44.1M).


Debt to Equity History and Analysis

Debt Level: 300747 is debt free.

Reducing Debt: 300747 has no debt compared to 5 years ago when its debt to equity ratio was 22.4%.

Debt Coverage: 300747 has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: 300747 has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet

Inventory Level: 300747 has a high level of physical assets or inventory.

Debt Coverage by Assets: Insufficient data to determine if 300747's debt is covered by short term assets.


Next Steps

Dividend

What is Wuhan Raycus Fiber Laser TechnologiesLtd's current dividend yield, its reliability and sustainability?

0.43%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 300747's dividend (0.43%) isn’t notable compared to the bottom 25% of dividend payers in the CN market (0.46%).

High Dividend: 300747's dividend (0.43%) is low compared to the top 25% of dividend payers in the CN market (2.03%).


Stability and Growth of Payments

Stable Dividend: Too early to tell whether 300747's dividend payments have been stable as they only just started paying a dividend.

Growing Dividend: Too early to tell if 300747's dividend payments are increasing as they only just started paying a dividend.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (19.6%), 300747's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: 300747's dividends in 3 years are forecast to be well covered by earnings (20.7% payout ratio).


Next Steps

Management

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


CEO

Wuhan Raycus Fiber Laser TechnologiesLtd has no CEO, or we have no data on them.


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 14%.


Top Shareholders

Company Information

Wuhan Raycus Fiber Laser Technologies Co.,Ltd.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Wuhan Raycus Fiber Laser Technologies Co.,Ltd.
  • Ticker: 300747
  • Exchange: SZSE
  • Founded: 2007
  • Industry: Electronic Equipment and Instruments
  • Sector: Tech
  • Market Cap: CN¥14.938b
  • Shares outstanding: 192.00m
  • Website: https://www.raycuslaser.com

Number of Employees


Location

  • Wuhan Raycus Fiber Laser Technologies Co.,Ltd.
  • No.999 Gaoxin Avenue
  • East Lake Hi-Tech Development Zone
  • Wuhan
  • Hubei Province
  • 430223
  • China

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
300747SZSE (Shenzhen Stock Exchange)YesDomestic SharesCNCNYJun 2018
300747XSEC (Shenzhen Stock Exchange - Shenzhen-Hong Kong Stock Connect)YesDomestic SharesCNCNYJun 2018

Biography

Wuhan Raycus Fiber Laser Technologies Co., Ltd. researches, develops, produces, and sells high power fiber lasers and devices in the People’s Republic of China. The company offers single module CW fiber, short-pulse fiber, fiber delivered direct diode laser, quasi-continuous fiber, 10-100W Q-switched pulse fiber, and high-power multimode continuous fiber lasers. It also exports its products to Asia, Europe, the United States, the Middle East, and internationally. The company was founded in 2007 and is headquartered in Wuhan, the People’s Republic of China. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/03/31 18:56
End of Day Share Price2020/03/31 00:00
Earnings2019/12/31
Annual Earnings2019/12/31


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.