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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


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

603885IndustryMarket
7 Day-1.1%0.3%-1.1%
30 Day-1.5%4.4%1.0%
90 Day48.8%16.4%-5.8%
1 Year49.8%48.2%31.4%30.5%30.4%28.4%
3 Year2.2%-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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/04/11 09:15
End of Day Share Price2021/04/09 00:00
Earnings2020/09/30
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.