SEHK:187

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Beijing Jingcheng Machinery Electric

Executive Summary

Beijing Jingcheng Machinery Electric Company Limited manufactures and sells gas storage and transportation equipment.


Snowflake Analysis

Mediocre balance sheet and slightly overvalued.

Share Price & News

How has Beijing Jingcheng Machinery Electric's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 187 has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

-6.0%

187

-1.6%

HK Machinery

-1.2%

HK Market


1 Year Return

-1.4%

187

44.4%

HK Machinery

7.1%

HK Market

Return vs Industry: 187 underperformed the Hong Kong Machinery industry which returned 41.4% over the past year.

Return vs Market: 187 underperformed the Hong Kong Market which returned 5.5% over the past year.


Shareholder returns

187IndustryMarket
7 Day-6.0%-1.6%-1.2%
30 Day1.4%4.6%-2.8%
90 Day1.4%22.2%7.1%
1 Year-1.4%-1.4%48.2%44.4%11.5%7.1%
3 Year-31.7%-31.7%64.7%52.2%1.8%-9.1%
5 Year-74.1%-74.1%78.2%63.6%13.8%-5.2%

Price Volatility Vs. Market

How volatile is Beijing Jingcheng Machinery Electric's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Beijing Jingcheng Machinery Electric 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: 187 (HK$1.4) is trading below our estimate of fair value (HK$19.22)

Significantly Below Fair Value: 187 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 187 is unprofitable, so we can't compare its PE Ratio to the HK Machinery industry average.

PE vs Market: 187 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 187's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 187 is overvalued based on its PB Ratio (1.7x) compared to the HK Machinery industry average (1x).


Next Steps

Future Growth

How is Beijing Jingcheng Machinery Electric forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

4.3%

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 Beijing Jingcheng Machinery Electric 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 Beijing Jingcheng Machinery Electric performed over the past 5 years?

13.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 187 is currently unprofitable.

Growing Profit Margin: 187 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: 187 is unprofitable, but has reduced losses over the past 5 years at a rate of 13% per year.

Accelerating Growth: Unable to compare 187's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 187 is unprofitable, making it difficult to compare its past year earnings growth to the Machinery industry (-8.7%).


Return on Equity

High ROE: 187 has a negative Return on Equity (-26.53%), as it is currently unprofitable.


Next Steps

Financial Health

How is Beijing Jingcheng Machinery Electric's financial position?


Financial Position Analysis

Short Term Liabilities: 187's short term assets (CN¥763.8M) do not cover its short term liabilities (CN¥819.6M).

Long Term Liabilities: 187's short term assets (CN¥763.8M) exceed its long term liabilities (CN¥186.2M).


Debt to Equity History and Analysis

Debt Level: 187's debt to equity ratio (44.4%) is considered high.

Reducing Debt: 187's debt to equity ratio has increased from 22.2% to 44.4% over the past 5 years.


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

Forecast Cash Runway: 187 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 29.8% per year.


Next Steps

Dividend

What is Beijing Jingcheng Machinery Electric current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 187's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 187'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 187's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 187'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 187'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?

3.8yrs

Average management tenure


CEO

Junjie Li (42 yo)

3.33yrs

Tenure

CN¥626,653

Compensation

Mr. Junjie Li serves as General Manager of Beijing Tianhai Industry Co., Ltd. Mr. Li has been the General Manager of Beijing Jingcheng Machinery Electric Company Limited since April 25, 2017 and its Execut ...


CEO Compensation Analysis

Compensation vs Market: Junjie's total compensation ($USD90.02K) is below average for companies of similar size in the Hong Kong market ($USD275.92K).

Compensation vs Earnings: Junjie's compensation has increased whilst the company is unprofitable.


Leadership Team

NamePositionTenureCompensationOwnership
Jun Wang
Executive Chairman4.67yrsno datano data
Junjie Li
GM & Executive Director3.33yrsCN¥626.65kno data
Chi Jiang
Chief Accountant6.17yrsCN¥472.30kno data
Yi Yang
General Counsel0.83yrno datano data
Fengwen Shi
Chief Engineer4.83yrsCN¥494.60kno data
Jiheng Zhang
Executive Director3.17yrsCN¥627.07kno data
Jie Luan
Company Secretary3.75yrsCN¥576.80kno data

3.8yrs

Average Tenure

44yo

Average Age

Experienced Management: 187's management team is considered experienced (3.8 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Jun Wang
Executive Chairman4.67yrsno datano data
Junjie Li
GM & Executive Director3.33yrsCN¥626.65kno data
Jiheng Zhang
Executive Director3.17yrsCN¥627.07kno data
Xuguang Zhao
Independent Non-Executive Director0.17yrno datano data
Yanzhang Wu
Non Executive Director0.92yrno datano data
Zhonghua Xia
Non-Executive Director6.17yrsno datano data
Chunyu Jin
Non-Executive Director5.17yrsno datano data
Chunzhi Li
Non-Executive Director5.17yrsno datano data
Dalong Luan
Independent Non-Executive Director0.17yrno datano data
Junhong Miao
Chairman of the Supervisory Committee1.42yrsno datano data
Jingtai Liu
Independent Non-Executive Director0.17yrno datano data
Jianhui Xiong
Independent Non-Executive Director0.17yrno datano data

2.3yrs

Average Tenure

48.5yo

Average Age

Experienced Board: 187's board of directors are not considered experienced ( 2.3 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: 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 14.9%.


Top Shareholders

Company Information

Beijing Jingcheng Machinery Electric Company Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Beijing Jingcheng Machinery Electric Company Limited
  • Ticker: 187
  • Exchange: SEHK
  • Founded: 1993
  • Industry: Industrial Machinery
  • Sector: Capital Goods
  • Market Cap: HK$1.932b
  • Shares outstanding: 485.00m
  • Website: https://www.jingchenggf.com.cn

Number of Employees


Location

  • Beijing Jingcheng Machinery Electric Company Limited
  • No. 2 Huo Xian Nan San Road
  • Huo Xian Town
  • Beijing
  • Beijing Province
  • 101109
  • China

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
187SEHK (The Stock Exchange of Hong Kong Ltd.)YesForeign Shares-Foreign ListedHKHKDAug 1993
187SHSC (Stock Exchange of Hong Kong Limited - Shanghai - Hong Kong Stock Connect)YesForeign Shares-Foreign ListedHKHKDAug 1993
187SZSC (The Stock Exchange of Hong Kong - Shenzhen - Hong Kong Stock Connect)YesForeign Shares-Foreign ListedHKHKDAug 1993
600860SHSE (Shanghai Stock Exchange)Domestic SharesCNCNYJun 1994
600860XSSC (Shanghai Stock Exchange - Shanghai - Hong Kong Stock Connect)Domestic SharesCNCNYJun 1994

Biography

Beijing Jingcheng Machinery Electric Company Limited manufactures and sells gas storage and transportation equipment. It offers liquefied natural gas (LNG) cylinders for vehicles, compressed natural gas cy ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/08/11 12:44
End of Day Share Price2020/08/10 00:00
Earnings2020/03/31
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.