DB:DYN

Stock Analysis Report

Dynagreen Environmental Protection Group

Executive Summary

Dynagreen Environmental Protection Group Co., Ltd., together with its subsidiaries, engages in the investment, technical consulting, construction, operation, and maintenance of municipal waste-to-energy (WTE) plants in the People’s Republic of China.


Snowflake Analysis

High growth potential and good value.

Share Price & News

How has Dynagreen Environmental Protection Group's share price performed over time and what events caused price changes?


Latest Share Price and Events

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


Market Performance


7 Day Return

3.1%

DYN

1.3%

DE Commercial Services

-0.2%

DE Market


1 Year Return

-5.7%

DYN

-6.5%

DE Commercial Services

13.7%

DE Market

Return vs Industry: DYN matched the German Commercial Services industry which returned -6.5% over the past year.

Return vs Market: DYN underperformed the German Market which returned 13.7% over the past year.


Shareholder returns

DYNIndustryMarket
7 Day3.1%1.3%-0.2%
30 Day3.1%-1.6%0.3%
90 Day10.7%3.6%3.7%
1 Year-2.8%-5.7%-3.2%-6.5%17.2%13.7%
3 Year-8.7%-13.0%13.0%3.2%15.4%5.3%
5 Year-12.5%-17.6%3.6%-10.9%21.3%4.7%

Price Volatility Vs. Market

How volatile is Dynagreen Environmental Protection Group's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Dynagreen Environmental Protection Group undervalued compared to its fair value and its price relative to the market?

10.81x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: DYN (€0.39) is trading above our estimate of fair value (€0.14)

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


Price To Earnings Ratio

PE vs Industry: DYN is good value based on its PE Ratio (10.8x) compared to the Commercial Services industry average (31.8x).

PE vs Market: DYN is good value based on its PE Ratio (10.8x) compared to the German market (20.9x).


Price to Earnings Growth Ratio

PEG Ratio: DYN is good value based on its PEG Ratio (0.3x)


Price to Book Ratio

PB vs Industry: DYN is good value based on its PB Ratio (1.1x) compared to the DE Commercial Services industry average (3.3x).


Next Steps

Future Growth

How is Dynagreen Environmental Protection Group forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?

41.1%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: DYN's forecast earnings growth (41.1% per year) is above the savings rate (-0.4%).

Earnings vs Market: DYN's earnings (41.1% per year) are forecast to grow faster than the German market (13.1% per year).

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

Revenue vs Market: DYN's revenue (25.1% per year) is forecast to grow faster than the German market (5% per year).

High Growth Revenue: DYN's revenue (25.1% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: DYN's Return on Equity is forecast to be low in 3 years time (13.5%).


Next Steps

Past Performance

How has Dynagreen Environmental Protection Group performed over the past 5 years?

11.2%

Historical annual earnings growth


Earnings and Revenue History

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

Growing Profit Margin: DYN's current net profit margins (21.9%) are lower than last year (31%).


Past Earnings Growth Analysis

Earnings Trend: DYN's earnings have grown by 11.2% per year over the past 5 years.

Accelerating Growth: DYN's earnings growth over the past year (2.2%) is below its 5-year average (11.2% per year).

Earnings vs Industry: DYN earnings growth over the past year (2.2%) underperformed the Commercial Services industry 10.9%.


Return on Equity

High ROE: DYN's Return on Equity (9.8%) is considered low.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Dynagreen Environmental Protection Group's financial position?


Financial Position Analysis

Short Term Liabilities: DYN's short term assets (CN¥1.5B) do not cover its short term liabilities (CN¥4.1B).

Long Term Liabilities: DYN's short term assets (CN¥1.5B) do not cover its long term liabilities (CN¥5.3B).


Debt to Equity History and Analysis

Debt Level: DYN's debt to equity ratio (228.1%) is considered high.

Reducing Debt: DYN's debt to equity ratio has increased from 86.1% to 228.1% over the past 5 years.

Debt Coverage: DYN's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: DYN's interest payments on its debt are not well covered by EBIT (2.2x coverage).


Balance Sheet

Inventory Level: DYN has a low level of unsold assets or inventory.

Debt Coverage by Assets: DYN's debt is not covered by short term assets (assets are 0.2x debt).


Next Steps

Dividend

What is Dynagreen Environmental Protection Group's current dividend yield, its reliability and sustainability?

3.31%

Current Dividend Yield


Dividend Yield vs Market

company3.3%marketbottom25%1.3%markettop25%3.7%industryaverage3.4%forecastin3Years2.3%

Current dividend yield vs market & industry

Notable Dividend: DYN's dividend (3.31%) is higher than the bottom 25% of dividend payers in the German market (1.31%).

High Dividend: DYN's dividend (3.31%) is low compared to the top 25% of dividend payers in the German market (3.65%).


Stability and Growth of Payments

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

Growing Dividend: DYN'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 (35.8%), DYN's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: DYN's dividends in 3 years are forecast to be well covered by earnings (16.9% payout ratio).


Next Steps

Management

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

3.1yrs

Average management tenure


CEO

Dewei Qiao (52yo)

CN¥2,036,561

Compensation

Mr. Dewei Qiao has been General Manager of Dynagreen Environmental Protection Group Co., Ltd. since April, 2009. Mr. Qiao served as a clerk at the Central Enterprises Management Department of the Bureau of ...


CEO Compensation Analysis

Compensation vs Market: Dewei's total compensation ($USD289.99K) is below average for companies of similar size in the German market ($USD1.51M).

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


Leadership Team

NamePositionTenureCompensationOwnership
Dewei Qiao
GM & Executive Director0yrsCN¥2.04mno data
Shengyong Hu
CFO & Executive Director5.3yrsCN¥1.43mno data
Yan Cheng
Deputy General Manager7.8yrsCN¥1.24mno data
Jianzhong Huang
Deputy General Manager7.8yrsCN¥1.74mno data
Shuguang Zhu
Deputy GM & Secretary of the Board3.1yrsCN¥1.43mno data
Yong Zhang
Deputy General Manager3.1yrsCN¥1.33mno data
Linbin Zhao
Chief Accountant2.1yrsno datano data
Wing Yan Yuen
Company Secretary0.2yrsno datano data
Juliu Lu
Technology Adviser4.4yrsno datano data

3.1yrs

Average Tenure

50.5yo

Average Age

Experienced Management: DYN's management team is considered experienced (3.1 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Dewei Qiao
GM & Executive Director0yrsCN¥2.04mno data
Shengyong Hu
CFO & Executive Director5.3yrsCN¥1.43mno data
Jun Zhi
Chairman0yrsno datano data
Shuguang Liu
Non-Executive Director7.8yrsno datano data
Zhaoguo Luo
Chairman of Supervisory Committee5.5yrsno datano data
Yuezhou Ou
Independent Non-Executive Director4.7yrsCN¥80.00kno data
Jie Fu
Independent Non-Executive Director2yrsCN¥85.61kno data
Suning Cheng
Non-Executive Director1.3yrsno datano data
Jinjun Cao
Non-Executive Director1.3yrsno datano data
Lanjun Xie
Independent Non-Executive Director1.3yrsCN¥20.00kno data

4.7yrs

Average Tenure

51yo

Average Age

Experienced Board: DYN's board of directors are considered experienced (4.7 years average tenure).


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 been diluted in the past year, with total shares outstanding growing by 9.3%.


Top Shareholders

Company Information

Dynagreen Environmental Protection Group Co., Ltd.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Dynagreen Environmental Protection Group Co., Ltd.
  • Ticker: DYN
  • Exchange: DB
  • Founded: 2012
  • Industry: Environmental and Facilities Services
  • Sector: Commercial Services
  • Market Cap: HK$9.927b
  • Listing Market Cap: HK$1.182b
  • Shares outstanding: 1.16b
  • Website: https://www.dynagreen.com.cn

Number of Employees


Location

  • Dynagreen Environmental Protection Group Co., Ltd.
  • Jiuzhou Electronic Building
  • 2nd Floor, Northeastern Wing
  • Shenzhen
  • Guangdong Province
  • 518057
  • China

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
1330SEHK (The Stock Exchange of Hong Kong Ltd.)YesOverseas Listed Foreign SharesHKHKDJun 2014
DYNDB (Deutsche Boerse AG)YesOverseas Listed Foreign SharesDEEURJun 2014
1330SZSC (The Stock Exchange of Hong Kong - Shenzhen - Hong Kong Stock Connect)YesOverseas Listed Foreign SharesHKHKDJun 2014
1330SHSC (Stock Exchange of Hong Kong Limited - Shanghai - Hong Kong Stock Connect)YesOverseas Listed Foreign SharesHKHKDJun 2014
601330SHSE (Shanghai Stock Exchange)Domestic SharesCNCNYJun 2018
601330XSSC (Shanghai Stock Exchange - Shanghai - Hong Kong Stock Connect)Domestic SharesCNCNYJun 2018

Biography

Dynagreen Environmental Protection Group Co., Ltd., together with its subsidiaries, engages in the investment, technical consulting, construction, operation, and maintenance of municipal waste-to-energy (WTE) plants in the People’s Republic of China. The company engages in the waste treatment and power generation activities. It is also involved in the technological research in environmental protection industries, including waste-incineration, as well as design, development, and systematic integration of relevant equipment; and management of waste treatment projects, as well as the provision of technological services and associated technological consultation. The company was founded in 2012 and is headquartered in Shenzhen, the People’s Republic of China. Dynagreen Environmental Protection Group Co., Ltd. is a subsidiary of Beijing State-owned Assets Management Co., Ltd. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/20 22:24
End of Day Share Price2020/02/20 00:00
Earnings2019/09/30
Annual Earnings2018/12/31


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.