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1527

Zhejiang Tengy Environmental Technology SEHK:1527 Stock Report

Last Price

HK$1.18

Market Cap

HK$159.3m

7D

12.4%

1Y

12.4%

Updated

30 Jun, 2022

Data

Company Financials
1527 fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance3/6
Financial Health5/6
Dividends0/6

1527 Stock Overview

Zhejiang Tengy Environmental Technology Co., Ltd, together with its subsidiaries, designs, develops, manufactures, installs, and sells environmental pollution prevention equipment and electronic products in Mainland China and internationally.

Zhejiang Tengy Environmental Technology Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Zhejiang Tengy Environmental Technology
Historical stock prices
Current Share PriceHK$1.18
52 Week HighHK$1.83
52 Week LowHK$0.80
Beta0.21
1 Month Change-9.92%
3 Month Change-13.24%
1 Year Change12.38%
3 Year Change-58.01%
5 Year Change-82.95%
Change since IPO-88.54%

Recent News & Updates

Jun 16
Is Zhejiang Tengy Environmental Technology (HKG:1527) Using Too Much Debt?

Is Zhejiang Tengy Environmental Technology (HKG:1527) Using Too Much Debt?

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...

May 04
Returns On Capital At Zhejiang Tengy Environmental Technology (HKG:1527) Paint A Concerning Picture

Returns On Capital At Zhejiang Tengy Environmental Technology (HKG:1527) Paint A Concerning Picture

Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...

Shareholder Returns

1527HK MachineryHK Market
7D12.4%2.7%3.1%
1Y12.4%-26.4%-21.2%

Return vs Industry: 1527 exceeded the Hong Kong Machinery industry which returned -26.4% over the past year.

Return vs Market: 1527 exceeded the Hong Kong Market which returned -21.2% over the past year.

Price Volatility

Is 1527's price volatile compared to industry and market?
1527 volatility
1527 Average Weekly Movement9.7%
Machinery Industry Average Movement7.0%
Market Average Movement6.9%
10% most volatile stocks in HK Market13.7%
10% least volatile stocks in HK Market3.3%

Stable Share Price: 1527 is not significantly more volatile than the rest of Hong Kong stocks over the past 3 months, typically moving +/- 10% a week.

Volatility Over Time: 1527's weekly volatility (10%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2009484Tianjie Bianhttps://www.tengy.com

Zhejiang Tengy Environmental Technology Co., Ltd, together with its subsidiaries, designs, develops, manufactures, installs, and sells environmental pollution prevention equipment and electronic products in Mainland China and internationally. The company offers electrostatic, electrostatic-bag composite, and SO2 and NOx emission reduction precipitators. Its precipitators are installed at coal-fired power plants, metallurgical plants, paper mills, and other industrial production plants.

Zhejiang Tengy Environmental Technology Fundamentals Summary

How do Zhejiang Tengy Environmental Technology's earnings and revenue compare to its market cap?
1527 fundamental statistics
Market CapCN¥136.04m
Earnings (TTM)CN¥20.61m
Revenue (TTM)CN¥763.17m

6.6x

P/E Ratio

0.2x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
1527 income statement (TTM)
RevenueCN¥763.17m
Cost of RevenueCN¥652.18m
Gross ProfitCN¥110.99m
Other ExpensesCN¥90.38m
EarningsCN¥20.61m

Last Reported Earnings

Dec 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.15
Gross Margin14.54%
Net Profit Margin2.70%
Debt/Equity Ratio14.8%

How did 1527 perform over the long term?

See historical performance and comparison
We’ve recently updated our valuation analysis.

Valuation

Is 1527 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • PEG Ratio

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 1527?

Other financial metrics that can be useful for relative valuation.

1527 key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue0.3x
Enterprise Value/EBITDA7.8x
PEG Ration/a

Price to Earnings Ratio vs Peers

How does 1527's PE Ratio compare to its peers?

1527 PE Ratio vs Peers
The above table shows the PE ratio for 1527 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average58.9x
3628 RENHENG Enterprise Holdings
202.2xn/aHK$144.7m
3816 KFM Kingdom Holdings
11.2xn/aHK$147.6m
1289 Wuxi Sunlit Science and Technology
19xn/aHK$99.8m
118 Cosmos Machinery Enterprises
3.3xn/aHK$293.1m
1527 Zhejiang Tengy Environmental Technology
6.6xn/aHK$159.3m

Price-To-Earnings vs Peers: 1527 is good value based on its Price-To-Earnings Ratio (6.6x) compared to the peer average (58.9x).


Price to Earnings Ratio vs Industry

How does 1527's PE Ratio compare vs other companies in the HK Machinery Industry?

Price-To-Earnings vs Industry: 1527 is good value based on its Price-To-Earnings Ratio (6.6x) compared to the Hong Kong Machinery industry average (11x)


Price to Earnings Ratio vs Fair Ratio

What is 1527's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

1527 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio6.6x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate 1527's Price-To-Earnings Fair Ratio for valuation analysis.


Share Price vs Fair Value

What is the Fair Price of 1527 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: Insufficient data to calculate 1527's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate 1527's fair value for valuation analysis.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 1527's PEG Ratio to determine if it is good value.


Discover undervalued companies

Future Growth

How is Zhejiang Tengy Environmental Technology forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


14.8%

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 Zhejiang Tengy Environmental 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.


Discover growth companies

Past Performance

How has Zhejiang Tengy Environmental Technology performed over the past 5 years?

Past Performance Score

3/6

Past Performance Score 3/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


-48.4%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: 1527 has a large one-off gain of CN¥8.9M impacting its December 31 2021 financial results.

Growing Profit Margin: 1527's current net profit margins (2.7%) are higher than last year (0.7%).


Past Earnings Growth Analysis

Earnings Trend: 1527's earnings have declined by 48.4% per year over the past 5 years.

Accelerating Growth: 1527's earnings growth over the past year (359.2%) exceeds its 5-year average (-48.4% per year).

Earnings vs Industry: 1527 earnings growth over the past year (359.2%) exceeded the Machinery industry 33.1%.


Return on Equity

High ROE: 1527's Return on Equity (2.6%) is considered low.


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Financial Health

How is Zhejiang Tengy Environmental Technology's financial position?

Financial Health Score

5/6

Financial Health Score 5/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: 1527's short term assets (CN¥1.3B) exceed its short term liabilities (CN¥807.7M).

Long Term Liabilities: 1527 has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: 1527's net debt to equity ratio (13.6%) is considered satisfactory.

Reducing Debt: 1527's debt to equity ratio has reduced from 19.5% to 14.8% over the past 5 years.

Debt Coverage: 1527's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: 1527's interest payments on its debt are well covered by EBIT (4.1x coverage).


Balance Sheet


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Dividend

What is Zhejiang Tengy Environmental Technology current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage

Dividend Yield vs Market

Notable Dividend: Unable to evaluate 1527's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 1527'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 1527's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 1527's dividend payments have been increasing.


Earnings Payout to Shareholders

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


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as 1527 has not reported any payouts.


Discover strong dividend paying companies

Management

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

5.1yrs

Average management tenure


CEO

Tianjie Bian (38 yo)

5.08yrs

Tenure

CN¥523,000

Compensation

Mr. Yu Bian has been the Chairman and Executive Director at Zhejiang Tengy Environmental Technology Co., Ltd since December 28, 2009 and has been its General Manager since May 15, 2017. Mr. Bian has many y...


CEO Compensation Analysis

Compensation vs Market: Tianjie's total compensation ($USD78.05K) is below average for companies of similar size in the Hong Kong market ($USD232.99K).

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


Leadership Team

Experienced Management: 1527's management team is seasoned and experienced (5.1 years average tenure).


Board Members

Experienced Board: 1527's board of directors are considered experienced (5.3 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

Zhejiang Tengy Environmental Technology Co., Ltd's employee growth, exchange listings and data sources


Key Information

  • Name: Zhejiang Tengy Environmental Technology Co., Ltd
  • Ticker: 1527
  • Exchange: SEHK
  • Founded: 2009
  • Industry: Industrial Machinery
  • Sector: Capital Goods
  • Implied Market Cap: HK$159.300m
  • Shares outstanding: 135.00m
  • Website: https://www.tengy.com

Number of Employees


Location

  • Zhejiang Tengy Environmental Technology Co., Ltd
  • TENGY Industrial Park
  • Paitou Town
  • Zhuji
  • Zhejiang Province
  • China

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/06/30 00:00
End of Day Share Price2022/06/29 00:00
Earnings2021/12/31
Annual Earnings2021/12/31


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.