SZSE:002120

Stock Analysis Report

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Executive Summary

Yunda Holding Co., Ltd. provides integrated logistics services in China. More Details


Snowflake Analysis

Adequate balance sheet and fair value.


Similar Companies

Share Price & News

How has YUNDA Holding's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 002120 is not significantly more volatile than the rest of CN stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: 002120's weekly volatility (6%) has been stable over the past year.


Market Performance


7 Day Return

-9.7%

2120

-7.8%

CN Logistics

-6.4%

CN Market


1 Year Return

-26.2%

2120

54.1%

CN Logistics

26.5%

CN Market

Return vs Industry: 002120 underperformed the CN Logistics industry which returned 54.1% over the past year.

Return vs Market: 002120 underperformed the CN Market which returned 26.5% over the past year.


Shareholder returns

2120IndustryMarket
7 Day-9.7%-7.8%-6.4%
30 Day-0.8%5.3%-1.8%
90 Day-2.4%18.4%2.8%
1 Year-25.7%-26.2%55.1%54.1%28.5%26.5%
3 Year-15.8%-17.8%35.2%32.2%27.9%21.6%
5 Yearn/a-20.3%-24.0%44.1%34.1%

Long-Term Price Volatility Vs. Market

How volatile is YUNDA Holding's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is YUNDA Holding undervalued compared to its fair value and its price relative to the market?

46.7%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: 002120 (CN¥16.79) is trading below our estimate of fair value (CN¥31.51)

Significantly Below Fair Value: 002120 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 002120's PE Ratio (28.6x) is in line with the CN Logistics industry average.

PE vs Market: 002120 is good value based on its PE Ratio (28.6x) compared to the CN market (34.1x).


Price to Earnings Growth Ratio

PEG Ratio: 002120 is poor value based on its PEG Ratio (1.2x)


Price to Book Ratio

PB vs Industry: 002120 is overvalued based on its PB Ratio (3.5x) compared to the CN Logistics industry average (2.3x).


Next Steps

Future Growth

How is YUNDA Holding forecast to perform in the next 1 to 3 years based on estimates from 14 analysts?

23.6%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 002120's forecast earnings growth (23.6% per year) is above the savings rate (3.3%).

Earnings vs Market: 002120's earnings (23.6% per year) are forecast to grow slower than the CN market (24.8% per year).

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

Revenue vs Market: 002120's revenue (19.5% per year) is forecast to grow faster than the CN market (18.3% per year).

High Growth Revenue: 002120's revenue (19.5% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: 002120's Return on Equity is forecast to be low in 3 years time (13.8%).


Next Steps

Past Performance

How has YUNDA Holding performed over the past 5 years?

21.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 002120 has a high level of non-cash earnings.

Growing Profit Margin: 002120's current net profit margins (5.2%) are lower than last year (9.2%).


Past Earnings Growth Analysis

Earnings Trend: 002120's earnings have grown significantly by 21.4% per year over the past 5 years.

Accelerating Growth: 002120's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 002120 had negative earnings growth (-35.9%) over the past year, making it difficult to compare to the Logistics industry average (6.1%).


Return on Equity

High ROE: 002120's Return on Equity (12.2%) is considered low.


Next Steps

Financial Health

How is YUNDA Holding's financial position?


Financial Position Analysis

Short Term Liabilities: 002120's short term assets (CN¥14.1B) exceed its short term liabilities (CN¥9.1B).

Long Term Liabilities: 002120's short term assets (CN¥14.1B) exceed its long term liabilities (CN¥5.2B).


Debt to Equity History and Analysis

Debt Level: 002120's debt to equity ratio (50.2%) is considered high.

Reducing Debt: 002120's debt to equity ratio has increased from 2.9% to 50.2% over the past 5 years.

Debt Coverage: 002120's debt is well covered by operating cash flow (46.8%).

Interest Coverage: 002120 earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


Next Steps

Dividend

What is YUNDA Holding current dividend yield, its reliability and sustainability?

1.09%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 002120's dividend (1.09%) is higher than the bottom 25% of dividend payers in the CN market (0.4%).

High Dividend: 002120's dividend (1.09%) is low compared to the top 25% of dividend payers in the CN market (1.8%).


Stability and Growth of Payments

Stable Dividend: 002120 has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: 002120's dividend payments have increased, but the company has only paid a dividend for 4 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (31.4%), 002120's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: 002120's dividends in 3 years are forecast to be well covered by earnings (25.4% payout ratio).


Next Steps

Management

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


CEO

YUNDA Holding 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 not been meaningfully diluted in the past year.


Top Shareholders

Company Information

YUNDA Holding Co., Ltd.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: YUNDA Holding Co., Ltd.
  • Ticker: 2120
  • Exchange: SZSE
  • Founded: 2003
  • Industry: Air Freight and Logistics
  • Sector: Transportation
  • Market Cap: CN¥48.676b
  • Shares outstanding: 2.90b
  • Website: https://www.yundaex.com

Number of Employees


Location

  • YUNDA Holding Co., Ltd.
  • No. 6679, Yinggang East Road
  • Qingpu District
  • Shanghai
  • China

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
2120SZSE (Shenzhen Stock Exchange)YesDomestic SharesCNCNYDec 2016
2120XSEC (Shenzhen Stock Exchange - Shenzhen-Hong Kong Stock Connect)YesDomestic SharesCNCNYDec 2016

Biography

Yunda Holding Co., Ltd. provides integrated logistics services in China. It offers express delivery, franchise, and other services. The company was formerly known as Ningbo Xinhai Electric Co., Ltd. and ch...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/02/28 09:10
End of Day Share Price2021/02/26 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.