Juneyao Airlines
Market Cap
CN¥28.8b
Last Updated
2021/04/11 09:15 UTC
Data Sources
Company Financials +
Executive Summary
Juneyao Airlines Co., Ltd operates domestic passenger, cargo, and mail air transportation services in China. More Details
Rewards
Risk Analysis
Snowflake Analysis
High growth potential unattractive dividend payer.
Share Price & News
How has Juneyao Airlines's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 603885 is not significantly more volatile than the rest of CN stocks over the past 3 months, typically moving +/- 7% a week.
Volatility Over Time: 603885's weekly volatility (7%) has been stable over the past year.
Market Performance
7 Day Return
-1.1%
603885
0.3%
CN Airlines
-1.1%
CN Market
1 Year Return
48.2%
603885
30.5%
CN Airlines
28.4%
CN Market
Return vs Industry: 603885 exceeded the CN Airlines industry which returned 29.9% over the past year.
Return vs Market: 603885 exceeded the CN Market which returned 27.4% over the past year.
Shareholder returns
| 603885 | Industry | Market | |
|---|---|---|---|
| 7 Day | -1.1% | 0.3% | -1.1% |
| 30 Day | -1.5% | 4.4% | 1.0% |
| 90 Day | 48.8% | 16.4% | -5.8% |
| 1 Year | 49.8%48.2% | 31.4%30.5% | 30.4%28.4% |
| 3 Year | 2.2%-0.3% | 2.0%-0.06% | 25.9%19.9% |
| 5 Year | -23.4%-26.8% | -29.1%-31.2% | 23.6%15.5% |
Long-Term Price Volatility Vs. Market
How volatile is Juneyao Airlines's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Valuation
Is Juneyao Airlines undervalued compared to its fair value and its price relative to the market?
2.66x
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: 603885 (CN¥14.7) is trading above our estimate of fair value (CN¥0.82)
Significantly Below Fair Value: 603885 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 603885 is unprofitable, so we can't compare its PE Ratio to the XX Airlines industry average.
PE vs Market: 603885 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 603885's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 603885 is overvalued based on its PB Ratio (2.7x) compared to the CN Airlines industry average (2.2x).
Future Growth
How is Juneyao Airlines forecast to perform in the next 1 to 3 years based on estimates from 8 analysts?
115.9%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 603885 is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (3.3%).
Earnings vs Market: 603885 is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: 603885's is expected to become profitable in the next 3 years.
Revenue vs Market: 603885's revenue (33.6% per year) is forecast to grow faster than the CN market (18% per year).
High Growth Revenue: 603885's revenue (33.6% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 603885's Return on Equity is forecast to be low in 3 years time (8.6%).
Past Performance
How has Juneyao Airlines performed over the past 5 years?
-19.4%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 603885 is currently unprofitable.
Growing Profit Margin: 603885 is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: 603885 is unprofitable, and losses have increased over the past 5 years at a rate of 19.4% per year.
Accelerating Growth: Unable to compare 603885's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: 603885 is unprofitable, making it difficult to compare its past year earnings growth to the Airlines industry (-21.4%).
Return on Equity
High ROE: 603885 has a negative Return on Equity (-6.52%), as it is currently unprofitable.
Financial Health
How is Juneyao Airlines's financial position?
Financial Position Analysis
Short Term Liabilities: 603885's short term assets (CN¥5.5B) do not cover its short term liabilities (CN¥12.0B).
Long Term Liabilities: 603885's short term assets (CN¥5.5B) do not cover its long term liabilities (CN¥10.2B).
Debt to Equity History and Analysis
Debt Level: 603885's debt to equity ratio (141.2%) is considered high.
Reducing Debt: 603885's debt to equity ratio has increased from 121.4% to 141.2% over the past 5 years.
Debt Coverage: 603885's debt is not well covered by operating cash flow (1.7%).
Interest Coverage: Insufficient data to determine if 603885's interest payments on its debt are well covered by EBIT.
Balance Sheet
Dividend
What is Juneyao Airlines's current dividend yield, its reliability and sustainability?
0.68%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 603885's dividend (0.68%) is higher than the bottom 25% of dividend payers in the CN market (0.42%).
High Dividend: 603885's dividend (0.68%) is low compared to the top 25% of dividend payers in the CN market (1.79%).
Stability and Growth of Payments
Stable Dividend: 603885 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 603885 has only been paying a dividend for 5 years, and since then payments have fallen.
Current Payout to Shareholders
Dividend Coverage: 603885 is paying a dividend but the company is unprofitable.
Future Payout to Shareholders
Future Dividend Coverage: 603885's dividends in 3 years are forecast to be well covered by earnings (16% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
CEO
Hongliang Zhao (55 yo)
no data
Tenure
Mr. Hongliang Zhao serves as the President of Juneyao Airlines at Shanghai Juneyao (Group) Co., Ltd. (alternative name Junyao Group Co., Ltd.). Mr. Zhao is Executive Director at Shanghai Juneyao Aviation S...
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
Juneyao Airlines Co., Ltd's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Juneyao Airlines Co., Ltd
- Ticker: 603885
- Exchange: SHSE
- Founded: 2011
- Industry: Airlines
- Sector: Transportation
- Market Cap: CN¥28.827b
- Shares outstanding: 1.96b
- Website: https://global.juneyaoair.com
Number of Employees
Location
- Juneyao Airlines Co., Ltd
- No. 80, Hongxiang 3rd Road
- Minhang District
- Shanghai
- 200123
- China
Listings
Biography
Juneyao Airlines Co., Ltd operates domestic passenger, cargo, and mail air transportation services in China. The company also offers business and tourist charter services, as well as flights to Hong Kong, ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/04/11 09:15 |
| End of Day Share Price | 2021/04/09 00:00 |
| Earnings | 2020/09/30 |
| Annual Earnings | 2019/12/31 |
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.