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 Analysis

Excellent balance sheet with proven track record.

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

-23.3%

1527

4.0%

HK Machinery

2.7%

HK Market


1 Year Return

-56.5%

1527

-15.8%

HK Machinery

-19.8%

HK Market

Return vs Industry: 1527 underperformed the Hong Kong Machinery industry which returned -18.7% over the past year.

Return vs Market: 1527 underperformed the Hong Kong Market which returned -21.1% over the past year.


Shareholder returns

1527IndustryMarket
7 Day-23.3%4.0%2.7%
30 Day-30.3%-10.9%-7.2%
90 Day-61.4%-14.7%-12.1%
1 Year-56.5%-56.5%-13.3%-15.8%-16.9%-19.8%
3 Year-81.5%-81.5%27.1%19.1%0.9%-9.3%
5 Yearn/a5.3%-3.1%-12.6%-26.7%

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?

5.22x

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 good value based on its PE Ratio (5.2x) compared to the Machinery industry average (9.7x).

PE vs Market: 1527 is good value based on its PE Ratio (5.2x) compared to the Hong Kong market (9.2x).


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 (0.2x) compared to the HK Machinery industry average (0.9x).


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?

8.6%

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.


Next Steps

Past Performance

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

-21.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 1527 has high quality earnings.

Growing Profit Margin: 1527's current net profit margins (4.7%) are higher than last year (3.6%).


Past Earnings Growth Analysis

Earnings Trend: 1527's earnings have declined by -21.3% per year over the past 5 years.

Accelerating Growth: 1527's earnings growth over the past year (9.8%) exceeds its 5-year average (-21.3% per year).

Earnings vs Industry: 1527 earnings growth over the past year (9.8%) exceeded the Machinery industry -2.4%.


Return on Equity

High ROE: 1527's Return on Equity (4.5%) is considered low.


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) exceed its short term liabilities (CN¥843.2M).

Long Term Liabilities: 1527 has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: 1527's debt to equity ratio (16.6%) is considered satisfactory.

Reducing Debt: 1527's debt to equity ratio has reduced from 71.8% to 16.6% 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 (6.6x coverage).


Balance Sheet


Next Steps

Dividend

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


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 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

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

2.6yrs

Average management tenure


CEO

Yu Bian (36yo)

2.25s

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 ($USD81.35K) is below average for companies of similar size in the Hong Kong market ($USD232.17K).

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


Leadership Team

NamePositionTenureCompensationOwnership
Yu Bian
Chairman & GM2.25yrsCN¥577.00k9.83% CN¥19.2m
Shu Bian
Deputy GM of Administration Department & Executive Director3.83yrsCN¥426.00k2.91% CN¥5.7m
Weican Bian
Deputy GM & Executive Director10.33yrsCN¥325.00k1.37% CN¥2.7m
Jinxin Qiu
Deputy General Manager2.92yrsCN¥318.00kno data
Fengdi Wu
CFO & Secretary to the Board2.17yrsno datano data
Jianguo Chen
Deputy General Manager9.92yrsno datano data
Xinhua Chen
Chairman of Supervisors & Head of the Procurement Departmentno datano datano data
Yonghui Qiu
Deputy General Manager2.92yrsno datano data
Rixing Zhang
Deputy General Manager2.17yrsno datano data
Lingling Xin
Deputy General Manager2.17yrsno datano data

2.6yrs

Average Tenure

46.5yo

Average Age

Experienced Management: 1527's management team is considered experienced (2.6 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Yu Bian
Chairman & GM2.25yrsCN¥577.00k9.83% CN¥19.2m
Shu Bian
Deputy GM of Administration Department & Executive Director3.83yrsCN¥426.00k2.91% CN¥5.7m
Weican Bian
Deputy GM & Executive Director10.33yrsCN¥325.00k1.37% CN¥2.7m
Xinhua Chen
Chairman of Supervisors & Head of the Procurement Departmentno datano datano data
Jiannan Li
Independent Non Executive Director1.58yrsCN¥15.00kno data
Jianguang Bian
Vice-Chairman of the Board10.33yrsCN¥130.00k9.31% CN¥18.2m
Bing Zhang
Independent Non-Executive Director5.58yrsCN¥60.00kno data
Jiancheng Chen
Non-Executive Director2.33yrsCN¥80.00k1.37% CN¥2.7m
Kui Kei Fung
Independent Non-Executive Director2.08yrsCN¥116.00kno data
Xian Zhu
Non-Executive Director0.92yrno datano data

3.8yrs

Average Tenure

47yo

Average Age

Experienced Board: 1527's board of directors are considered experienced (3.8 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 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$195.750m
  • 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 electronic products in Mainland China and internationally. The company offers electrostatic precipitators, bag filter precipitators, electrostatic-bag composite precipitators, and wet electrostatic precipitators. Its precipitators are installed at coal-fired power plants, metallurgical plants, paper mills, and other industrial production plants. The company also offers installation services. Its customers include project owners of power plants and industrial production plants, or contractors who undertake the construction work of power plants and industrial production plants. The company was founded in 1995 and is headquartered in Zhuji, China. Zhejiang Tengy Environmental Technology Co., Ltd is a subsidiary of Tengy Group Limited. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/04/07 14:49
End of Day Share Price2020/04/07 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.