DB:OCM

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China International Marine Containers (Group)

Executive Summary

China International Marine Containers (Group) Co., Ltd., together with its subsidiaries, manufactures and sells logistics and energy equipment worldwide.


Snowflake Analysis

Reasonable growth potential second-rate dividend payer.

Share Price & News

How has China International Marine Containers (Group)'s share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: OCM has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

-6.1%

OCM

0.6%

DE Machinery

0.7%

DE Market


1 Year Return

3.7%

OCM

4.2%

DE Machinery

8.8%

DE Market

Return vs Industry: OCM exceeded the German Machinery industry which returned 2.5% over the past year.

Return vs Market: OCM underperformed the German Market which returned 8.1% over the past year.


Shareholder returns

OCMIndustryMarket
7 Day-6.1%0.6%0.7%
30 Day-0.6%4.5%0.1%
90 Day0%22.2%12.6%
1 Year6.0%3.7%5.3%4.2%11.2%8.8%
3 Year-36.4%-43.4%-29.0%-33.2%5.4%-3.0%
5 Year-44.7%-52.3%-3.7%-13.5%15.9%0.3%

Price Volatility Vs. Market

How volatile is China International Marine Containers (Group)'s share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is China International Marine Containers (Group) undervalued compared to its fair value and its price relative to the market?

100.96x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: OCM (€0.78) is trading above our estimate of fair value (€0.1)

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


Price To Earnings Ratio

PE vs Industry: OCM is poor value based on its PE Ratio (101x) compared to the DE Machinery industry average (23.1x).

PE vs Market: OCM is poor value based on its PE Ratio (101x) compared to the German market (21.5x).


Price to Earnings Growth Ratio

PEG Ratio: OCM is poor value based on its PEG Ratio (2.6x)


Price to Book Ratio

PB vs Industry: OCM is good value based on its PB Ratio (0.8x) compared to the DE Machinery industry average (1.4x).


Next Steps

Future Growth

How is China International Marine Containers (Group) forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?

39.3%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: OCM's forecast earnings growth (39.3% per year) is above the savings rate (0.2%).

Earnings vs Market: OCM's earnings (39.3% per year) are forecast to grow faster than the German market (24.5% per year).

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

Revenue vs Market: OCM's revenue (7.6% per year) is forecast to grow faster than the German market (5.9% per year).

High Growth Revenue: OCM's revenue (7.6% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: OCM's Return on Equity is forecast to be low in 3 years time (4.8%).


Next Steps

  • Explore growth companies in the Capital Goods industry.

Past Performance

How has China International Marine Containers (Group) performed over the past 5 years?

2.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: OCM has a large one-off gain of CN¥4.2B impacting its March 31 2020 financial results.

Growing Profit Margin: OCM's current net profit margins (0.4%) are lower than last year (3.5%).


Past Earnings Growth Analysis

Earnings Trend: OCM's earnings have grown by 2.2% per year over the past 5 years.

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

Earnings vs Industry: OCM had negative earnings growth (-91%) over the past year, making it difficult to compare to the Machinery industry average (-33.3%).


Return on Equity

High ROE: OCM's Return on Equity (2.4%) is considered low.


Next Steps

Financial Health

How is China International Marine Containers (Group)'s financial position?


Financial Position Analysis

Short Term Liabilities: OCM's short term assets (CN¥94.0B) exceed its short term liabilities (CN¥73.1B).

Long Term Liabilities: OCM's short term assets (CN¥94.0B) exceed its long term liabilities (CN¥48.2B).


Debt to Equity History and Analysis

Debt Level: OCM's debt to equity ratio (127.7%) is considered high.

Reducing Debt: OCM's debt to equity ratio has increased from 123.8% to 127.7% over the past 5 years.

Debt Coverage: OCM's debt is not well covered by operating cash flow (3.9%).

Interest Coverage: OCM's interest payments on its debt are not well covered by EBIT (1.3x coverage).


Balance Sheet


Next Steps

Dividend

What is China International Marine Containers (Group) current dividend yield, its reliability and sustainability?

1.37%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: OCM's dividend (1.37%) is higher than the bottom 25% of dividend payers in the German market (1.23%).

High Dividend: OCM's dividend (1.37%) is low compared to the top 25% of dividend payers in the German market (3.78%).


Stability and Growth of Payments

Stable Dividend: OCM's dividend payments have been volatile in the past 10 years.

Growing Dividend: OCM's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its high payout ratio (138.1%), OCM's dividend payments are not well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: OCM's dividends in 3 years are forecast to be well covered by earnings (43.5% payout ratio).


Next Steps

Management

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

5.0yrs

Average management tenure


CEO

Boliang Mai (61 yo)

5yrs

Tenure

CN¥9,451,000

Compensation

Mr. BoLiang Mai has been the and Chief Executive Officer of CIMC Raffles Offshore (Singapore) Ltd. since April 9, 2011. Mr. Mai has been the President of China International Marine Containers Group Co Ltd ...


CEO Compensation Analysis

Compensation vs Market: Boliang's total compensation ($USD1.36M) is below average for companies of similar size in the German market ($USD2.53M).

Compensation vs Earnings: Boliang's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Boliang Mai
CEO, President & Executive Director5yrsCN¥9.45m0.017%
CN¥ 543.4k
Han Zeng
Chief Financial Officer3.42yrsCN¥2.21mno data
Xiang Gao
Executive Vice President2.42yrsCN¥4.19mno data
Yu Qun Yu
VP, Secretary to the Board & Company Secretary16.42yrsCN¥3.76mno data
Yin Hui Li
Vice President16.42yrsCN¥3.03mno data
Tianhua Huang
Vice Presidentno dataCN¥3.64m0.015%
CN¥ 494.5k

5.0yrs

Average Tenure

55yo

Average Age

Experienced Management: OCM's management team is seasoned and experienced (5 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Boliang Mai
CEO, President & Executive Director5yrsCN¥9.45m0.017%
CN¥ 543.4k
Mei Yee Lui Fung
Independent Non-Executive Director1.17yrsCN¥140.00kno data
Jiale He
Independent Non-Executive Director1.17yrsCN¥140.00kno data
Hong Wang
Chairman4.67yrsno datano data
Chong Liu
Vice Chairman1.17yrsno datano data
Bo Xiong
Supervisor6.67yrsCN¥210.00kno data
Zhengqi Pan
Independent Non-Executive Director4.25yrsCN¥240.00kno data
Xianfu Hu
Non-Executive Director2.92yrsno datano data
Dongyang Lou
Supervisor1.17yrsno datano data
Feng Lin
Chairman of the Supervisory Committeeno datano datano data
Dong Ming
Non-Executive Director1.17yrsno datano data

2.0yrs

Average Tenure

58yo

Average Age

Experienced Board: OCM's board of directors are not considered experienced ( 2 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.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

China International Marine Containers (Group) Co., Ltd.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: China International Marine Containers (Group) Co., Ltd.
  • Ticker: OCM
  • Exchange: DB
  • Founded: 1980
  • Industry: Industrial Machinery
  • Sector: Capital Goods
  • Market Cap: CN¥26.965b
  • Listing Market Cap: CN¥3.283b
  • Shares outstanding: 3.59b
  • Website: https://www.cimc.com

Number of Employees


Location

  • China International Marine Containers (Group) Co., Ltd.
  • CIMC R&D Centre
  • 8th Floor, No. 2, Gangwan Avenue
  • Shenzhen
  • Guangdong Province
  • 518067
  • China

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
39SZSE (Shenzhen Stock Exchange)YesDomestic SharesCNCNYJun 1994
39XSEC (Shenzhen Stock Exchange - Shenzhen-Hong Kong Stock Connect)YesDomestic SharesCNCNYJun 1994
2039SEHK (The Stock Exchange of Hong Kong Ltd.)Foreign Shares-Foreign ListedHKHKDDec 2012
OCMDB (Deutsche Boerse AG)Foreign Shares-Foreign ListedDEEURDec 2012
2039SZSC (The Stock Exchange of Hong Kong - Shenzhen - Hong Kong Stock Connect)Foreign Shares-Foreign ListedHKHKDDec 2012

Biography

China International Marine Containers (Group) Co., Ltd., together with its subsidiaries, manufactures and sells logistics and energy equipment worldwide. The company operates through Containers Manufacturi ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/08/10 20:36
End of Day Share Price2020/08/10 00:00
Earnings2020/03/31
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.