| Snowflake Score | |
|---|---|
| Valuation | 4/6 |
| Future Growth | 3/6 |
| Past Performance | 1/6 |
| Financial Health | 5/6 |
| Dividends | 2/6 |
564 Overview
Zhengzhou Coal Mining Machinery Group Company Limited, together with its subsidiaries, manufactures and sells coal mining and excavating equipment in the People’s Republic of China, Germany, and internationally.
Zhengzhou Coal Mining Machinery Group Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | HK$8.83 |
| 52 Week High | HK$7.63 |
| 52 Week Low | HK$17.26 |
| Beta | 0.84 |
| 1 Month Change | 1.73% |
| 3 Month Change | -1.34% |
| 1 Year Change | -6.96% |
| 3 Year Change | 110.74% |
| 5 Year Change | 128.17% |
| Change since IPO | -6.76% |
Recent News & Updates
Should You Think About Buying Zhengzhou Coal Mining Machinery Group Company Limited (HKG:564) Now?
Zhengzhou Coal Mining Machinery Group Company Limited ( HKG:564 ), is not the largest company out there, but it saw a...
Here's Why Zhengzhou Coal Mining Machinery Group (HKG:564) Can Manage Its Debt Responsibly
Warren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...
Zhengzhou Coal Mining Machinery Group (HKG:564) Is Doing The Right Things To Multiply Its Share Price
What are the early trends we should look for to identify a stock that could multiply in value over the long term...
Shareholder Returns
| 564 | HK Machinery | HK Market | |
|---|---|---|---|
| 7D | -3.4% | 1.3% | 2.2% |
| 1Y | -7.0% | 22.8% | 6.0% |
Return vs Industry: 564 underperformed the Hong Kong Machinery industry which returned 22.8% over the past year.
Return vs Market: 564 underperformed the Hong Kong Market which returned 5.9% over the past year.
Price Volatility
| 564 volatility | |
|---|---|
| 564 Beta | 0.84 |
| Industry Beta | 1 |
| Market Beta | 1 |
Stable Share Price: 564 is more volatile than 75% of Hong Kong stocks over the past 3 months, typically moving +/- 10% a week.
Volatility Over Time: 564's weekly volatility (10%) has been stable over the past year, but is still higher than 75% of Hong Kong stocks.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1958 | 17,415 | Hao Jia | https://www.zzmj.com |
Zhengzhou Coal Mining Machinery Group Company Limited, together with its subsidiaries, manufactures and sells coal mining and excavating equipment in the People’s Republic of China, Germany, and internationally. It operates through Manufacture of Coal Mining Machinery and Manufacture of Auto Parts segments. The company offers shearer and intelligent longwall face equipment that are used in ultra-thin, thin, thin-medium, thick, and ultra-thick coal seams; armored face conveyors, which are used in conventional mining, fully-mechanized mining, and fully-mechanized top coal caving; hydraulic roof supports; and intelligent control system that encompasses hydraulic support electro-hydraulic control, shearer control and navigation, longwall face video monitoring, intelligent pumping, gate road centralized control, and surface remote monitoring systems, as well as intelligent longwall face big data platform and intelligent mine app.
Zhengzhou Coal Mining Machinery Group Fundamentals Summary
| 564 fundamental statistics | |
|---|---|
| Market Cap | CN¥19.10b |
| Earnings (TTM) | CN¥1.31b |
| Revenue (TTM) | CN¥29.27b |
10.1x
P/E Ratio0.5x
P/S RatioIs 564 overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| 564 income statement (TTM) | |
|---|---|
| Revenue | CN¥29.27b |
| Cost of Revenue | CN¥22.07b |
| Gross Profit | CN¥7.19b |
| Expenses | CN¥5.89b |
| Earnings | CN¥1.31b |
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
Oct 25, 2021
| Earnings per share (EPS) | 0.72 |
| Gross Margin | 24.58% |
| Net Profit Margin | 4.46% |
| Debt/Equity Ratio | 35.2% |
How did 564 perform over the long term?
See historical performance and comparisonDividends
3.0%
Current Dividend Yield29%
Payout RatioValuation
Is Zhengzhou Coal Mining Machinery Group undervalued compared to its fair value and its price relative to the market?
38.4%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: 564 (HK$8.83) is trading below our estimate of fair value (HK$14.33)
Significantly Below Fair Value: 564 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 564 is good value based on its PE Ratio (10.1x) compared to the Hong Kong Machinery industry average (11.8x).
PE vs Market: 564 is poor value based on its PE Ratio (10.1x) compared to the Hong Kong market (9.7x).
Price to Earnings Growth Ratio
PEG Ratio: 564 is good value based on its PEG Ratio (0.3x)
Price to Book Ratio
PB vs Industry: 564's PB Ratio (1x) is in line with the HK Machinery industry average.
Future Growth
How is Zhengzhou Coal Mining Machinery Group forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
39.8%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 564's forecast earnings growth (39.8% per year) is above the savings rate (1.5%).
Earnings vs Market: 564's earnings (39.8% per year) are forecast to grow faster than the Hong Kong market (17.6% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: 564's revenue (6.5% per year) is forecast to grow slower than the Hong Kong market (12.5% per year).
High Growth Revenue: 564's revenue (6.5% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if 564's Return on Equity is forecast to be high in 3 years time
Past Performance
How has Zhengzhou Coal Mining Machinery Group performed over the past 5 years?
42.0%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 564 has a large one-off loss of CN¥705.4M impacting its June 30 2021 financial results.
Growing Profit Margin: 564's current net profit margins (4.5%) are lower than last year (5.7%).
Past Earnings Growth Analysis
Earnings Trend: 564's earnings have grown significantly by 42% per year over the past 5 years.
Accelerating Growth: 564's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 564 had negative earnings growth (-9.6%) over the past year, making it difficult to compare to the Machinery industry average (23.8%).
Return on Equity
High ROE: 564's Return on Equity (9.8%) is considered low.
Financial Health
How is Zhengzhou Coal Mining Machinery Group's financial position?
Financial Position Analysis
Short Term Liabilities: 564's short term assets (CN¥23.4B) exceed its short term liabilities (CN¥12.8B).
Long Term Liabilities: 564's short term assets (CN¥23.4B) exceed its long term liabilities (CN¥7.0B).
Debt to Equity History and Analysis
Debt Level: 564's debt to equity ratio (35.2%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if 564's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 564's debt is well covered by operating cash flow (49.3%).
Interest Coverage: 564's interest payments on its debt are well covered by EBIT (108.1x coverage).
Balance Sheet
Dividend
What is Zhengzhou Coal Mining Machinery Group current dividend yield, its reliability and sustainability?
2.96%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 564's dividend (2.96%) is higher than the bottom 25% of dividend payers in the Hong Kong market (2.22%).
High Dividend: 564's dividend (2.96%) is low compared to the top 25% of dividend payers in the Hong Kong market (6.77%).
Stability and Growth of Payments
Stable Dividend: 564 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 564 has only been paying a dividend for 8 years, and since then payments have fallen.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (28.5%), 564's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
3.7yrs
Average management tenure
CEO
Hao Jia (51 yo)
3.67yrs
Tenure
CN¥4,669,000
Compensation
Mr. Hao Jia has been General Manager of Zhengzhou Coal Mining Machinery Group Co., Ltd. since February 12, 2018 and served as its Vice Chairman since February 12, 2018 until March 31, 2021. He served as th...
CEO Compensation Analysis
Compensation vs Market: Hao's total compensation ($USD731.28K) is about average for companies of similar size in the Hong Kong market ($USD684.95K).
Compensation vs Earnings: Hao's compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: 564's management team is considered experienced (3.7 years average tenure).
Board Members
Experienced Board: 564's board of directors are not considered experienced ( 1.3 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.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 4.9%.
Top Shareholders
Company Information
Zhengzhou Coal Mining Machinery Group Company Limited's employee growth, exchange listings and data sources
Key Information
- Name: Zhengzhou Coal Mining Machinery Group Company Limited
- Ticker: 564
- Exchange: SEHK
- Founded: 1958
- Industry: Construction Machinery and Heavy Trucks
- Sector: Capital Goods
- Market Cap: HK$23.256b
- Shares outstanding: 1.82b
- Website: https://www.zzmj.com
Number of Employees
Location
- Zhengzhou Coal Mining Machinery Group Company Limited
- No. 167, 9th Street
- Econ-Tech Development Zone
- Zhengzhou
- Henan Province
- 450016
- China
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/10/23 10:06 |
| End of Day Share Price | 2021/10/22 00:00 |
| Earnings | 2021/06/30 |
| Annual Earnings | 2020/12/31 |
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.