DB:CUEH

Stock Analysis Report

Chengdu PUTIAN Telecommunications Cable

Executive Summary

Chengdu PUTIAN Telecommunications Cable Company Limited, together with its subsidiaries, manufactures and sells telecommunications cables in the People's Republic of China.

Risk Analysis

Currently unprofitable and not forecast to become profitable over the next 3 years

Highly volatile share price over past 3 months

Shareholders have been diluted in the past year

Does not have a meaningful market cap (€280M)



Snowflake Analysis

Flawless balance sheet and overvalued.

Share Price & News

How has Chengdu PUTIAN Telecommunications Cable's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: CUEH's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

5.5%

CUEH

1.7%

DE Communications

1.7%

DE Market


1 Year Return

-22.1%

CUEH

11.5%

DE Communications

15.0%

DE Market

Return vs Industry: CUEH underperformed the German Communications industry which returned 11.5% over the past year.

Return vs Market: CUEH underperformed the German Market which returned 15% over the past year.


Shareholder returns

CUEHIndustryMarket
7 Day5.5%1.7%1.7%
30 Day0%2.7%0.8%
90 Day34.0%1.7%3.7%
1 Year-22.1%-22.1%12.1%11.5%18.5%15.0%
3 Year-65.5%-65.5%2.8%2.4%17.1%6.9%
5 Year-52.5%-52.5%113.1%112.6%24.3%7.3%

Price Volatility Vs. Market

How volatile is Chengdu PUTIAN Telecommunications Cable's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Chengdu PUTIAN Telecommunications Cable undervalued compared to its fair value and its price relative to the market?

0.28x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: CUEH (€0.07) is trading above our estimate of fair value (€0.05)

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


Price To Earnings Ratio

PE vs Industry: CUEH is unprofitable, so we can't compare its PE Ratio to the Communications industry average.

PE vs Market: CUEH is unprofitable, so we can't compare its PE Ratio to the German market.


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: CUEH is good value based on its PB Ratio (0.3x) compared to the DE Communications industry average (3.1x).


Next Steps

Future Growth

How is Chengdu PUTIAN Telecommunications Cable forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

32.6%

Forecasted Tech 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 Chengdu PUTIAN Telecommunications Cable 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 Chengdu PUTIAN Telecommunications Cable performed over the past 5 years?

21.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: CUEH is currently unprofitable.

Growing Profit Margin: CUEH is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: CUEH is unprofitable, but has reduced losses over the past 5 years at a rate of 21.2% per year.

Accelerating Growth: Unable to compare CUEH's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: CUEH is unprofitable, making it difficult to compare its past year earnings growth to the Communications industry (49.1%).


Return on Equity

High ROE: CUEH has a negative Return on Equity (-3.63%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Chengdu PUTIAN Telecommunications Cable's financial position?


Financial Position Analysis

Short Term Liabilities: CUEH's short term assets (CN¥732.5M) exceed its short term liabilities (CN¥104.5M).

Long Term Liabilities: CUEH's short term assets (CN¥732.5M) exceed its long term liabilities (CN¥65.9M).


Debt to Equity History and Analysis

Debt Level: CUEH's debt to equity ratio (0.7%) is considered satisfactory.

Reducing Debt: CUEH's debt to equity ratio has reduced from 17.3% to 0.7% over the past 5 years.


Balance Sheet

Inventory Level: CUEH has a high level of physical assets or inventory.

Debt Coverage by Assets: CUEH's debt is covered by short term assets (assets are 109x debt).


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: Whilst unprofitable CUEH has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: CUEH is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 46.9% per year.


Next Steps

Dividend

What is Chengdu PUTIAN Telecommunications Cable's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%1.3%markettop25%3.6%industryaverage1.9%forecastin3Yearsn/a

Current dividend yield vs market & industry

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

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


Stability and Growth of Payments

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

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


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of CUEH'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?

3.1yrs

Average board tenure


CEO

Jiangbing Hu (51yo)

1.3yrs

Tenure

CN¥19,569

Compensation

Mr. Hu Jiangbing has been Vice Chairman and General Manager of Chengdu PUTIAN Telecommunications Cable Company Ltd since November 22, 2018. Mr. Hu obtained a bachelor’s degree in engineering from Chongqing ...


CEO Compensation Analysis

Compensation vs Market: Jiangbing's total compensation ($USD2.80K) is below average for companies of similar size in the German market ($USD412.37K).

Compensation vs Earnings: Insufficient data to compare Jiangbing's compensation with company performance.


Board Members

NamePositionTenureCompensationOwnership
Changlin Wu
Chairman of the Board1.3yrsno datano data
Jiangbing Hu
Vice Chairman & GM1.3yrsCN¥19.57kno data
Micheng Wang
Executive Director4.9yrsno datano data
Shu Han
Executive Director4.3yrsno datano data
Liying Xu
Executive Director4.3yrsno datano data
Yun Liu
Executive Director3.1yrsno datano data
Xiaozhou Xiao
Independent Non-Executive Director6.6yrsCN¥50.00kno data
Ting Xiong
Supervisor0yrsno datano data
Yaping Mao
Independent Non-Executive Director1.8yrsCN¥37.50kno data
Feng Gang
Independent Non-Executive Director1.3yrsCN¥8.33kno data

3.1yrs

Average Tenure

53yo

Average Age

Experienced Board: CUEH's board of directors are considered experienced (3.1 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 been diluted in the past year, with total shares outstanding growing by 16.7%.


Top Shareholders

Company Information

Chengdu PUTIAN Telecommunications Cable Company Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Chengdu PUTIAN Telecommunications Cable Company Limited
  • Ticker: CUEH
  • Exchange: DB
  • Founded: 1994
  • Industry: Communications Equipment
  • Sector: Tech
  • Market Cap: HK$280.000m
  • Listing Market Cap: HK$33.249m
  • Shares outstanding: 400.00m
  • Website: https://www.cdc.com.cn

Number of Employees


Location

  • Chengdu PUTIAN Telecommunications Cable Company Limited
  • No. 18, Xinhang Road
  • The West Park of Hi-tech Development Zone
  • Chengdu
  • Sichuan Province
  • 611731
  • China

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
1202SEHK (The Stock Exchange of Hong Kong Ltd.)YesForeign Shares-Foreign ListedHKHKDDec 1994
CUEHDB (Deutsche Boerse AG)YesForeign Shares-Foreign ListedDEEURDec 1994

Biography

Chengdu PUTIAN Telecommunications Cable Company Limited, together with its subsidiaries, manufactures and sells telecommunications cables in the People's Republic of China. It operates through Copper Cable and Related Products; Optical Communication Products; Wire Bushings and Related Products; and Aluminum Rods and Related Products. The company offers electric wires and cables, optical fibers and cables, wire and cable specific materials, and cable accessories; equipment and various kinds of information industrial products devices, and equipment technology research and development, product manufacturing, and sales and service. It also provides irradiation processing services. The company was incorporated in 1994 and is headquartered in Chengdu, the People's Republic of China. Chengdu PUTIAN Telecommunications Cable Company Limited is a subsidiary of China Potevio Company Limited. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/16 21:45
End of Day Share Price2020/02/14 00:00
Earnings2019/06/30
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.