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658

China High Speed Transmission Equipment Group SEHK:658 Stock Report

Last Price

HK$5.16

Market Cap

HK$8.4b

7D

3.8%

1Y

-1.3%

Updated

09 Aug, 2022

Data

Company Financials
658 fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance4/6
Financial Health5/6
Dividends0/6

658 Stock Overview

China High Speed Transmission Equipment Group Co., Ltd.

China High Speed Transmission Equipment Group Competitors

Price History & Performance

Summary of all time highs, changes and price drops for China High Speed Transmission Equipment Group
Historical stock prices
Current Share PriceHK$5.16
52 Week HighHK$7.79
52 Week LowHK$3.77
Beta0.54
1 Month Change12.66%
3 Month Change31.97%
1 Year Change-1.34%
3 Year Change21.70%
5 Year Change-36.45%
Change since IPO-63.14%

Recent News & Updates

Jul 21
Is Now The Time To Put China High Speed Transmission Equipment Group (HKG:658) On Your Watchlist?

Is Now The Time To Put China High Speed Transmission Equipment Group (HKG:658) On Your Watchlist?

The excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...

Jun 27
Does China High Speed Transmission Equipment Group (HKG:658) Have A Healthy Balance Sheet?

Does China High Speed Transmission Equipment Group (HKG:658) Have A Healthy Balance Sheet?

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...

May 20
China High Speed Transmission Equipment Group (HKG:658) Hasn't Managed To Accelerate Its Returns

China High Speed Transmission Equipment Group (HKG:658) Hasn't Managed To Accelerate Its Returns

Did you know there are some financial metrics that can provide clues of a potential multi-bagger? Amongst other things...

Shareholder Returns

658HK ElectricalHK Market
7D3.8%3.5%0.2%
1Y-1.3%-9.4%-21.9%

Return vs Industry: 658 exceeded the Hong Kong Electrical industry which returned -9.4% over the past year.

Return vs Market: 658 exceeded the Hong Kong Market which returned -21.9% over the past year.

Price Volatility

Is 658's price volatile compared to industry and market?
658 volatility
658 Average Weekly Movement6.6%
Electrical Industry Average Movement7.2%
Market Average Movement6.6%
10% most volatile stocks in HK Market12.8%
10% least volatile stocks in HK Market3.2%

Stable Share Price: 658 is not significantly more volatile than the rest of Hong Kong stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: 658's weekly volatility (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19696,163Jichun Huhttps://www.chste.com

China High Speed Transmission Equipment Group Co., Ltd. engages in the manufacture of high-speed and heavy-duty gears for wind-turbine gearboxes and transmission systems in China and international. It focuses on wind energy gearboxes, rail vehicle gearboxes, industrial gearboxes, and robot reducers.

China High Speed Transmission Equipment Group Fundamentals Summary

How do China High Speed Transmission Equipment Group's earnings and revenue compare to its market cap?
658 fundamental statistics
Market CapCN¥7.26b
Earnings (TTM)CN¥1.32b
Revenue (TTM)CN¥20.21b

5.5x

P/E Ratio

0.4x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
658 income statement (TTM)
RevenueCN¥20.21b
Cost of RevenueCN¥17.02b
Gross ProfitCN¥3.19b
Other ExpensesCN¥1.87b
EarningsCN¥1.32b

Last Reported Earnings

Dec 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.80
Gross Margin15.78%
Net Profit Margin6.51%
Debt/Equity Ratio29.0%

How did 658 perform over the long term?

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

Valuation

Is 658 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

  • Analyst Forecast

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 658?

Other financial metrics that can be useful for relative valuation.

658 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/Revenue0.2x
Enterprise Value/EBITDA2.1x
PEG Ration/a

Price to Earnings Ratio vs Peers

How does 658's PE Ratio compare to its peers?

658 PE Ratio vs Peers
The above table shows the PE ratio for 658 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average26.3x
1608 VPower Group International Holdings
56.6xn/aHK$2.6b
1072 Dongfang Electric
9.8x10.1%HK$56.6b
1597 China Nature Energy Technology Holdings
25.1xn/aHK$615.0m
2188 China Titans Energy Technology Group
13.9xn/aHK$300.6m
658 China High Speed Transmission Equipment Group
5.5xn/aHK$8.4b

Price-To-Earnings vs Peers: 658 is good value based on its Price-To-Earnings Ratio (5.5x) compared to the peer average (26.3x).


Price to Earnings Ratio vs Industry

How does 658's PE Ratio compare vs other companies in the HK Electrical Industry?

Price-To-Earnings vs Industry: 658 is good value based on its Price-To-Earnings Ratio (5.5x) compared to the Hong Kong Electrical industry average (12.2x)


Price to Earnings Ratio vs Fair Ratio

What is 658'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.

658 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio5.5x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate 658's Price-To-Earnings Fair Ratio for valuation analysis.


Share Price vs Fair Value

What is the Fair Price of 658 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: Insufficient data to calculate 658's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate 658's fair value for valuation analysis.


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.


Discover undervalued companies

Future Growth

How is China High Speed Transmission Equipment Group 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


31.0%

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 China High Speed Transmission Equipment Group 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 China High Speed Transmission Equipment Group performed over the past 5 years?

Past Performance Score

4/6

Past Performance Score 4/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


3.1%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: 658 has a high level of non-cash earnings.

Growing Profit Margin: 658's current net profit margins (6.5%) are higher than last year (5.5%).


Past Earnings Growth Analysis

Earnings Trend: 658's earnings have grown by 3.1% per year over the past 5 years.

Accelerating Growth: 658's earnings growth over the past year (56.4%) exceeds its 5-year average (3.1% per year).

Earnings vs Industry: 658 earnings growth over the past year (56.4%) exceeded the Electrical industry -19.4%.


Return on Equity

High ROE: 658's Return on Equity (10.1%) is considered low.


Discover strong past performing companies

Financial Health

How is China High Speed Transmission Equipment Group'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: 658's short term assets (CN¥20.8B) exceed its short term liabilities (CN¥14.7B).

Long Term Liabilities: 658's short term assets (CN¥20.8B) exceed its long term liabilities (CN¥1.2B).


Debt to Equity History and Analysis

Debt Level: 658 has more cash than its total debt.

Reducing Debt: 658's debt to equity ratio has reduced from 57.9% to 29% over the past 5 years.

Debt Coverage: 658's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: 658's interest payments on its debt are well covered by EBIT (138.5x coverage).


Balance Sheet


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Dividend

What is China High Speed Transmission Equipment Group 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

  • Cash Flow Coverage

Dividend Yield vs Market

Notable Dividend: Unable to evaluate 658's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 658'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 658's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 658's dividend payments have been increasing.


Earnings Payout to Shareholders

Earnings Coverage: 658 is not paying a notable dividend for the Hong Kong market.


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as 658 has not reported any payouts.


Discover strong dividend paying companies

Management

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

4.5yrs

Average management tenure


CEO

Jichun Hu (43 yo)

5.67yrs

Tenure

CN¥2,450,000

Compensation

Mr. Jichun Hu has been the Chief Executive Officer of China High Speed Transmission Equipment Group Co., Ltd. since December 5, 2016 and serves as Chairman since May 24, 2019. Mr. Hu has served as the Vic...


CEO Compensation Analysis

Compensation vs Market: Jichun's total compensation ($USD362.90K) is below average for companies of similar size in the Hong Kong market ($USD543.35K).

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


Leadership Team

Experienced Management: 658's management team is considered experienced (4.5 years average tenure).


Board Members

Experienced Board: 658's board of directors are considered experienced (7.2 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

China High Speed Transmission Equipment Group Co., Ltd.'s employee growth, exchange listings and data sources


Key Information

  • Name: China High Speed Transmission Equipment Group Co., Ltd.
  • Ticker: 658
  • Exchange: SEHK
  • Founded: 1969
  • Industry: Heavy Electrical Equipment
  • Sector: Capital Goods
  • Implied Market Cap: HK$8.438b
  • Shares outstanding: 1.64b
  • Website: https://www.chste.com

Number of Employees


Location

  • China High Speed Transmission Equipment Group Co., Ltd.
  • COFCO Tower
  • No. 262 Gloucester Road
  • Causeway Bay
  • Hong Kong

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/08/09 00:00
End of Day Share Price2022/08/09 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.