DB:DM7

Stock Analysis Report

NOT FOR DISTRIBUTION
Header cover image

Da Ming International Holdings

Executive Summary

Da Ming International Holdings Limited processes, distributes, and sells stainless steel and carbon steel products in the People’s Republic of China and internationally. More Details


Snowflake Analysis

Solid track record and fair value.

Share Price & News

How has Da Ming International Holdings's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: DM7 has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

2.8%

DM7

2.2%

DE Metals and Mining

-1.9%

DE Market


1 Year Return

-5.7%

DM7

17.3%

DE Metals and Mining

0.2%

DE Market

Return vs Industry: DM7 underperformed the German Metals and Mining industry which returned 17.3% over the past year.

Return vs Market: DM7 underperformed the German Market which returned 0.2% over the past year.


Shareholder returns

DM7IndustryMarket
7 Day2.8%2.2%-1.9%
30 Day0%7.5%1.5%
90 Day17.3%5.0%-0.5%
1 Year-5.7%-5.7%20.0%17.3%3.4%0.2%
3 Year-46.5%-49.4%-25.1%-30.2%-0.2%-9.0%
5 Year-18.8%-26.2%2.1%-9.7%21.4%4.0%

Price Volatility Vs. Market

How volatile is Da Ming International Holdings's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Da Ming International Holdings undervalued compared to its fair value and its price relative to the market?

10.65x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate DM7's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate DM7's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: DM7 is good value based on its PE Ratio (10.7x) compared to the XE Metals and Mining industry average (13.6x).

PE vs Market: DM7 is good value based on its PE Ratio (10.7x) compared to the German market (22.3x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate DM7's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: DM7 is good value based on its PB Ratio (0.7x) compared to the XE Metals and Mining industry average (1.3x).


Next Steps

Future Growth

How is Da Ming International Holdings forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

17.6%

Forecasted Materials industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Da Ming International Holdings has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Da Ming International Holdings performed over the past 5 years?

32.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: DM7 has high quality earnings.

Growing Profit Margin: DM7's current net profit margins (0.5%) are higher than last year (0.4%).


Past Earnings Growth Analysis

Earnings Trend: DM7 has become profitable over the past 5 years, growing earnings by 32.3% per year.

Accelerating Growth: DM7's earnings growth over the past year (58.3%) exceeds its 5-year average (32.3% per year).

Earnings vs Industry: DM7 earnings growth over the past year (58.3%) exceeded the Metals and Mining industry -21.3%.


Return on Equity

High ROE: DM7's Return on Equity (6.7%) is considered low.


Next Steps

Financial Health

How is Da Ming International Holdings's financial position?


Financial Position Analysis

Short Term Liabilities: DM7's short term assets (CN¥6.4B) do not cover its short term liabilities (CN¥7.8B).

Long Term Liabilities: DM7's short term assets (CN¥6.4B) exceed its long term liabilities (CN¥713.0M).


Debt to Equity History and Analysis

Debt Level: DM7's debt to equity ratio (195.3%) is considered high.

Reducing Debt: DM7's debt to equity ratio has increased from 113% to 195.3% over the past 5 years.

Debt Coverage: DM7's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: DM7's interest payments on its debt are not well covered by EBIT (2.5x coverage).


Balance Sheet


Next Steps

Dividend

What is Da Ming International Holdings's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate DM7's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate DM7's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if DM7's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if DM7's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: DM7 is not paying a notable dividend for the German market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of DM7's dividend in 3 years as they are not forecast to pay a notable one for the German market.


Next Steps

Management

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

6.0yrs

Average board tenure


CEO

Changhong Jiang (56 yo)

2.5yrs

Tenure

CN¥1,085,000

Compensation

Mr. Changhong Jiang has been Executive Director of Da Ming International Holdings Limited since September 26, 2016 and serves as its Chief Executive Officer since April 18, 2018. Mr. Jiang served as Vice P ...


CEO Compensation Analysis

Compensation vs Market: Changhong's total compensation ($USD162.26K) is below average for companies of similar size in the German market ($USD1.04M).

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


Board Members

NamePositionTenureCompensationOwnership
Zhou Keming
Co-Founder & Chairmanno dataCN¥1.21m0.0045%
CN¥ 11.5k
Changhong Jiang
CEO & Executive Director2.5yrsCN¥1.09m0.031%
CN¥ 79.1k
Xiao Ping Zou
Vice Chairman2.5yrsCN¥1.15m0.41%
CN¥ 1.0m
Xia Xu
Co-Founder & Vice-Chairman2.5yrsCN¥1.17m0.0048%
CN¥ 12.4k
Feng Zhang
Executive Director6yrsCN¥1.81m0.14%
CN¥ 347.3k
Tsutomu Fukui
Executive Director6yrsCN¥1.33m0.11%
CN¥ 281.0k
Jian Wang
Executive Director3.42yrsCN¥1.48m0.11%
CN¥ 281.0k
Wa Pang Cheuk
Independent Non-Executive Director13.58yrsCN¥292.00kno data
Min Hua
Independent Non-Executive Director13.58yrsCN¥292.00kno data
Daming Lu
Independent Non-Executive Director6.17yrsCN¥292.00kno data
Fu Xing Liu
Independent Non-Executive Director3.42yrsCN¥292.00kno data
Xuefa Hu
Independent Non Executive Director2.42yrsCN¥292.00kno data

6.0yrs

Average Tenure

56yo

Average Age

Experienced Board: DM7's board of directors are considered experienced (6 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.


Ownership Breakdown

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


Top Shareholders

Company Information

Da Ming International Holdings Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Da Ming International Holdings Limited
  • Ticker: DM7
  • Exchange: DB
  • Founded: 2007
  • Industry: Steel
  • Sector: Materials
  • Market Cap: HK$2.353b
  • Listing Market Cap: HK$256.535m
  • Shares outstanding: 1.25b
  • Website: https://www.dmssc.net

Number of Employees


Location

  • Da Ming International Holdings Limited
  • No. 1518, Tong Jiang Road
  • Wuxi
  • Jiangsu Province
  • China

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
1090SEHK (The Stock Exchange of Hong Kong Ltd.)YesOrdinary SharesHKHKDDec 2010
DM7DB (Deutsche Boerse AG)YesOrdinary SharesDEEURDec 2010

Biography

Da Ming International Holdings Limited processes, distributes, and sells stainless steel and carbon steel products in the People’s Republic of China and internationally. It offers high strength steel, wear ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/25 20:56
End of Day Share Price2020/10/23 00:00
Earnings2020/06/30
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.