SEHK:1103

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Shanghai Dasheng Agriculture Finance Technology

Executive Summary

Shanghai Dasheng Agriculture Finance Technology Co., Ltd., together with its subsidiaries, researches, develops, produces, and markets pesticides and other agricultural material products in the People’s Republic of China and Hong Kong.


Snowflake Analysis

Slightly overvalued with imperfect balance sheet.

Share Price & News

How has Shanghai Dasheng Agriculture Finance Technology's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 1103's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

0%

1103

2.3%

HK Trade Distributors

4.1%

HK Market


1 Year Return

-68.8%

1103

-24.9%

HK Trade Distributors

-4.7%

HK Market

Return vs Industry: 1103 underperformed the Hong Kong Trade Distributors industry which returned -24.9% over the past year.

Return vs Market: 1103 underperformed the Hong Kong Market which returned -4.7% over the past year.


Shareholder returns

1103IndustryMarket
7 Day0%2.3%4.1%
30 Day-9.1%-2.4%4.2%
90 Day-9.1%-0.06%11.7%
1 Year-68.8%-68.8%-22.7%-24.9%-1.2%-4.7%
3 Year-98.5%-98.5%-44.8%-48.1%7.7%-3.5%
5 Year-98.0%-98.0%-64.7%-68.3%7.2%-10.1%

Price Volatility Vs. Market

How volatile is Shanghai Dasheng Agriculture Finance Technology's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Shanghai Dasheng Agriculture Finance Technology undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: 1103 (HK$0.01) is trading below our estimate of fair value (HK$1.22)

Significantly Below Fair Value: 1103 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 1103 is unprofitable, so we can't compare its PE Ratio to the Trade Distributors industry average.

PE vs Market: 1103 is unprofitable, so we can't compare its PE Ratio to the Hong Kong market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 1103's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 1103 has negative assets, so we can't compare its PB Ratio to the HK Trade Distributors industry average.


Next Steps

Future Growth

How is Shanghai Dasheng Agriculture Finance Technology forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

9.2%

Forecasted Capital Goods 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 Shanghai Dasheng Agriculture Finance Technology 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 Shanghai Dasheng Agriculture Finance Technology performed over the past 5 years?

-59.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 1103 is currently unprofitable.

Growing Profit Margin: 1103 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: 1103 is unprofitable, and losses have increased over the past 5 years at a rate of -59.2% per year.

Accelerating Growth: Unable to compare 1103's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 1103 is unprofitable, making it difficult to compare its past year earnings growth to the Trade Distributors industry (-5.9%).


Return on Equity

High ROE: 1103's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.


Next Steps

Financial Health

How is Shanghai Dasheng Agriculture Finance Technology's financial position?


Financial Position Analysis

Short Term Liabilities: 1103 has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: 1103 has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.


Debt to Equity History and Analysis

Debt Level: 1103 has negative shareholder equity, which is a more serious situation than a high debt level.

Reducing Debt: 1103's has negative shareholder equity, so we do not need to check if its debt has reduced over time.


Balance Sheet


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 1103 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: 1103 is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 23.6% per year.


Next Steps

Dividend

What is Shanghai Dasheng Agriculture Finance Technology current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 1103's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 1103'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 1103's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 1103's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: 1103 is not paying a notable dividend for the Hong Kong market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 1103's dividend in 3 years as they are not forecast to pay a notable one for the Hong Kong market.


Next Steps

Management

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

1.4yrs

Average management tenure


CEO

Liguo Wang (58yo)

1.42yrs

Tenure

CN¥581,000

Compensation

Mr. Wang Liguo has been the Chief Executive Officer at Shanghai Tonva Petrochemical Co., Ltd. (now Shanghai Dasheng Agriculture Finance Technology Co., Ltd.) since February 11, 2019 and was its Vice Presid ...


CEO Compensation Analysis

Compensation vs Market: Liguo's total compensation ($USD82.22K) is below average for companies of similar size in the Hong Kong market ($USD227.60K).

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


Leadership Team

NamePositionTenureCompensationOwnership
Huasheng Lan
Executive Chairman of the Board6.08yrsCN¥665.00kno data
Liguo Wang
CEO & Executive Director1.42yrsCN¥581.00kno data
Zebin Yan
Executive Director1.08yrsCN¥2.45mno data
Di Qian
Company Secretary1.42yrsno datano data
Miaojie Xu
Assistant Manager of Risk Management Department5.67yrsno datano data

1.4yrs

Average Tenure

49yo

Average Age

Experienced Management: 1103's management team is not considered experienced ( 1.4 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Huasheng Lan
Executive Chairman of the Board6.08yrsCN¥665.00kno data
Liguo Wang
CEO & Executive Director1.42yrsCN¥581.00kno data
Zebin Yan
Executive Director1.08yrsCN¥2.45mno data
Mingzhu Ye
Independent Supervisor5yrsCN¥51.00kno data
Cheuk Ming Chung
Independent Non-Executive Director8.08yrsCN¥106.00kno data
Gaoyu Yang
Independent Non-Executive Director3.92yrsCN¥86.00kno data
Tingfu Lu
Non-Executive Director1.08yrsno datano data
Ting Sun
Staff Representative Supervisor2yrsno datano data
Yong Zheng
Chairman of Supervisor1.08yrsno datano data
Jun Liu
Independent Non-Executive Director0.083yrno datano data

3.0yrs

Average Tenure

51yo

Average Age

Experienced Board: 1103's board of directors are not considered experienced ( 3 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: 1103 insiders have only sold shares 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

Shanghai Dasheng Agriculture Finance Technology Co., Ltd.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Shanghai Dasheng Agriculture Finance Technology Co., Ltd.
  • Ticker: 1103
  • Exchange: SEHK
  • Founded: 1993
  • Industry: Trading Companies and Distributors
  • Sector: Capital Goods
  • Market Cap: HK$105.062m
  • Shares outstanding: 9.55b
  • Website: https://www.dsgd-sh.co

Number of Employees


Location

  • Shanghai Dasheng Agriculture Finance Technology Co., Ltd.
  • Building G
  • 20th Floor
  • Shanghai
  • Shanghai Province
  • 200030
  • China

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
S8PDB (Deutsche Boerse AG)YesForeign Shares-Foreign ListedDEEURJul 2005
1103SEHK (The Stock Exchange of Hong Kong Ltd.)YesForeign Shares-Foreign ListedHKHKDJul 2005

Biography

Shanghai Dasheng Agriculture Finance Technology Co., Ltd., together with its subsidiaries, researches, develops, produces, and markets pesticides and other agricultural material products in the People’s Republic of China and Hong Kong. It operates through four segments: Agricultural and petrochemical products supply chain services, Financial Leasing and Commercial Factoring, Agricultural Big-Data Services, and Agrochemical Products Supply Chain Services. The company offers petrochemical and agricultural products, including chemical fertilizers, fuel oil, mixed aromatics, and white sugar, as well as food and frozen products; and financial leasing and commercial factoring services. It also provides agricultural big-data services, such as software related services; and collection and transportation, and other services comprising installation and technical support for payment platform systems. In addition, the company produces and sells pesticides and chemical products. Further, it engages in the construction of roads and bridges; provision of cold chain, logistics, trading, invest management, materials and on-site inspection services; construction, engineering, trading, and sales of building materials; and research and development of various synthetic materials. The company was formerly known as Shanghai Tonva Petrochemical Co., Ltd. and changed its name to Shanghai Dasheng Agriculture Finance Technology Co., Ltd. in January 2016. The company was founded in 1993 and is based in Shanghai, the People’s Republic of China. Shanghai Dasheng Agriculture Finance Technology Co., Ltd. is a subsidiary of Shenzhen Dasheng Agricultural Group Co., Ltd. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/07/06 12:40
End of Day Share Price2020/07/06 00:00
Earnings2019/12/31
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.