SEHK:1527

Stock Analysis Report

Zhejiang Tengy Environmental Technology

Executive Summary

Zhejiang Tengy Environmental Technology Co., Ltd, together with its subsidiaries, engages in the design, development, manufacture, installation, and sale of environmental pollution prevention equipment and electronic products in Mainland China and internationally.

Snowflake

Fundamentals

Excellent balance sheet with limited growth.

Share Price & News

How has Zhejiang Tengy Environmental Technology's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 1527's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

30.4%

1527

-5.2%

HK Machinery

-4.2%

HK Market


1 Year Return

-24.4%

1527

21.1%

HK Machinery

-2.6%

HK Market

Return vs Industry: 1527 underperformed the Hong Kong Machinery industry which returned 21.1% over the past year.

Return vs Market: 1527 underperformed the Hong Kong Market which returned -2.6% over the past year.


Shareholder returns

1527IndustryMarket
7 Day30.4%-5.2%-4.2%
30 Day82.5%3.2%-1.4%
90 Day47.2%10.7%3.5%
1 Year-24.4%-24.4%24.6%21.1%0.9%-2.6%
3 Year-52.0%-52.0%62.4%52.0%19.6%7.6%
5 Yearn/a40.2%28.4%18.6%-1.0%

Price Volatility Vs. Market

How volatile is Zhejiang Tengy Environmental Technology's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Zhejiang Tengy Environmental Technology undervalued compared to its fair value and its price relative to the market?

16.24x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate 1527's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate 1527's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: 1527 is poor value based on its PE Ratio (16.2x) compared to the Machinery industry average (10.2x).

PE vs Market: 1527 is poor value based on its PE Ratio (16.2x) compared to the Hong Kong market (10.1x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: 1527 is good value based on its PB Ratio (0.6x) compared to the HK Machinery industry average (1x).


Next Steps

Future Growth

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

16.1%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 1527's forecast earnings growth (16.1% per year) is above the savings rate (2%).

Earnings vs Market: 1527's earnings (16.1% per year) are forecast to grow faster than the Hong Kong market (11.4% per year).

High Growth Earnings: 1527's earnings are forecast to grow, but not significantly.

Revenue vs Market: Insufficient data to determine if 1527's revenue is forecast to grow faster than the Hong Kong market.

High Growth Revenue: Insufficient data to determine if 1527's revenue is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if 1527's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

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

-18.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 1527 has high quality earnings.

Growing Profit Margin: 1527's current net profit margins (3.5%) are lower than last year (10.1%).


Past Earnings Growth Analysis

Earnings Trend: 1527's earnings have declined by -18.4% per year over the past 5 years.

Accelerating Growth: 1527's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 1527 had negative earnings growth (-67.7%) over the past year, making it difficult to compare to the Machinery industry average (5.7%).


Return on Equity

High ROE: 1527's Return on Equity (3.6%) is considered low.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Zhejiang Tengy Environmental Technology's financial position?


Financial Position Analysis

Short Term Liabilities: 1527's short term assets (CN¥1.4B) exceeds its short term liabilities (CN¥757.7M)

Long Term Liabilities: 1527 has no long term liabilities


Debt to Equity History and Analysis

Debt Level: 1527's debt to equity ratio (14.2%) is considered satisfactory

Reducing Debt: 1527's debt to equity ratio has reduced from 68% to 14.2% 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 (7.9x coverage).


Balance Sheet

Inventory Level: 1527 has a high level of physical assets or inventory.

Debt Coverage by Assets: 1527's debt is covered by short term assets (assets are 12.7x debt).


Next Steps

Dividend

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


Dividend Yield vs Market

companyn/amarketbottom25%2.3%markettop25%6.4%industryaverage3.0%forecastin3Yearsn/a

Current dividend yield vs market & industry

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

High Dividend: Unable to evaluate 1527'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 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.


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 1527's dividend in 3 years as they are not forecast to pay a notable one for the Hong Kong market.


Next Steps

Management

What is the CEO of Zhejiang Tengy Environmental Technology's salary, the management and board of directors tenure and is there insider trading?

2.2yrs

Average management tenure


CEO

Yu Bian (36yo)

1.8yrs

Tenure

CN¥577,000

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 January 5, 2018. Mr. Bian has appr ...


CEO Compensation Analysis

Compensation vs Market: Yu's total compensation ($USD82.34K) is below average for companies of similar size in the Hong Kong market ($USD216.22K).

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


Management Age and Tenure

2.2yrs

Average Tenure

46.5yo

Average Age

Experienced Management: 1527's management team is considered experienced (2.2 years average tenure).


Board Age and Tenure

3.4yrs

Average Tenure

47yo

Average Age

Experienced Board: 1527's board of directors are considered experienced (3.4 years average tenure).


Insider Trading

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.


Management Team

  • Yu Bian (36yo)

    Chairman & GM

    • Tenure: 1.8yrs
    • Compensation: CN¥577.00k
  • Weican Bian (59yo)

    Deputy GM & Executive Director

    • Tenure: 9.9yrs
    • Compensation: CN¥325.00k
  • Shu Bian (38yo)

    Deputy GM of Administration Department & Executive Director

    • Tenure: 3.4yrs
    • Compensation: CN¥426.00k
  • Jinxin Qiu (57yo)

    Deputy General Manager

    • Tenure: 2.5yrs
    • Compensation: CN¥318.00k
  • Jianguo Chen (59yo)

    Deputy General Manager

    • Tenure: 9.5yrs
  • Fengdi Wu (36yo)

    CFO & Secretary to the Board

    • Tenure: 1.8yrs
  • Xinhua Chen (56yo)

    Chairman of Supervisors & Head of the Procurement Department

    • Tenure: 0yrs
  • Yonghui Qiu (36yo)

    Deputy General Manager

    • Tenure: 2.5yrs
  • Rixing Zhang (50yo)

    Deputy General Manager

    • Tenure: 1.8yrs
  • Lingling Xin (43yo)

    Deputy General Manager

    • Tenure: 1.8yrs

Board Members

  • Jiannan Li (41yo)

    Independent Non Executive Director

    • Tenure: 1.2yrs
    • Compensation: CN¥15.00k
  • Yu Bian (36yo)

    Chairman & GM

    • Tenure: 1.8yrs
    • Compensation: CN¥577.00k
  • Weican Bian (59yo)

    Deputy GM & Executive Director

    • Tenure: 9.9yrs
    • Compensation: CN¥325.00k
  • Jianguang Bian (64yo)

    Vice-Chairman of the Board

    • Tenure: 9.9yrs
    • Compensation: CN¥130.00k
  • Bing Zhang (37yo)

    Independent Non-Executive Director

    • Tenure: 5.2yrs
    • Compensation: CN¥60.00k
  • Shu Bian (38yo)

    Deputy GM of Administration Department & Executive Director

    • Tenure: 3.4yrs
    • Compensation: CN¥426.00k
  • Jiancheng Chen (56yo)

    Non-Executive Director

    • Tenure: 1.9yrs
    • Compensation: CN¥80.00k
  • Xinhua Chen (56yo)

    Chairman of Supervisors & Head of the Procurement Department

    • Tenure: 0yrs
  • Jonas Fung (38yo)

    Independent Non-Executive Director

    • Tenure: 1.7yrs
    • Compensation: CN¥116.00k
  • Xian Zhu (53yo)

    Non-Executive Director

    • Tenure: 0.5yrs

Company Information

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


Key Information

  • Name: Zhejiang Tengy Environmental Technology Co., Ltd
  • Ticker: 1527
  • Exchange: SEHK
  • Founded: 1995
  • Industry: Industrial Machinery
  • Sector: Capital Goods
  • Market Cap: HK$492.750m
  • 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

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
1527SEHK (The Stock Exchange of Hong Kong Ltd.)YesForeign Shares-Foreign Listed SharesHKHKDOct 2015

Biography

Zhejiang Tengy Environmental Technology Co., Ltd, together with its subsidiaries, engages in the design, development, manufacture, installation, and sale of environmental pollution prevention equipment and ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/11/16 12:56
End of Day Share Price2019/11/15 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.