SEHK:8115

Stock Analysis Report

Shanghai Qingpu Fire-Fighting Equipment

Executive Summary

Shanghai Qingpu Fire-Fighting Equipment Co., Ltd., together with its subsidiaries, manufactures and sells firefighting equipment and pressure vessel products in the People’s Republic of China, the United States, the European Union, and internationally.


Snowflake Analysis

Excellent balance sheet with weak fundamentals.

Share Price & News

How has Shanghai Qingpu Fire-Fighting Equipment's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 8115 has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

0%

8115

-1.4%

HK Electrical

-2.1%

HK Market


1 Year Return

8.2%

8115

-34.7%

HK Electrical

-9.8%

HK Market

Return vs Industry: 8115 exceeded the Hong Kong Electrical industry which returned -34.3% over the past year.

Return vs Market: 8115 exceeded the Hong Kong Market which returned -10.2% over the past year.


Shareholder returns

8115IndustryMarket
7 Day0%-1.4%-2.1%
30 Day1.9%-2.6%-3.2%
90 Day0%0.6%0.09%
1 Year8.2%8.2%-33.6%-34.7%-6.5%-9.8%
3 Year-58.9%-58.9%-48.5%-50.6%11.6%0.3%
5 Year-33.8%-33.8%-52.9%-55.6%11.7%-6.8%

Price Volatility Vs. Market

How volatile is Shanghai Qingpu Fire-Fighting Equipment's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Shanghai Qingpu Fire-Fighting Equipment undervalued compared to its fair value and its price relative to the market?

1.11x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: 8115 (HK$0.53) is trading above our estimate of fair value (HK$0.53)

Significantly Below Fair Value: 8115 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 8115 is unprofitable, so we can't compare its PE Ratio to the Electrical industry average.

PE vs Market: 8115 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 8115's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 8115 is overvalued based on its PB Ratio (1.1x) compared to the HK Electrical industry average (0.6x).


Next Steps

Future Growth

How is Shanghai Qingpu Fire-Fighting Equipment forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

11.5%

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 Shanghai Qingpu Fire-Fighting Equipment 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 Shanghai Qingpu Fire-Fighting Equipment performed over the past 5 years?

-68.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 8115 is currently unprofitable.

Growing Profit Margin: 8115 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: 8115 is unprofitable, and losses have increased over the past 5 years at a rate of -68.6% per year.

Accelerating Growth: Unable to compare 8115's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 8115 is unprofitable, making it difficult to compare its past year earnings growth to the Electrical industry (6%).


Return on Equity

High ROE: 8115 has a negative Return on Equity (-7.68%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Shanghai Qingpu Fire-Fighting Equipment's financial position?


Financial Position Analysis

Short Term Liabilities: 8115's short term assets (CN¥64.1M) exceed its short term liabilities (CN¥19.5M).

Long Term Liabilities: 8115's short term assets (CN¥64.1M) exceed its long term liabilities (CN¥5.5M).


Debt to Equity History and Analysis

Debt Level: 8115's debt to equity ratio (2.9%) is considered satisfactory.

Reducing Debt: 8115's debt to equity ratio has reduced from 12% to 2.9% over the past 5 years.


Balance Sheet

Inventory Level: 8115 has a high level of physical assets or inventory.

Debt Coverage by Assets: 8115's debt is covered by short term assets (assets are 27.2x debt).


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: 8115 has been profitable on average in the past, therefore cash runway is not a concern.

Forecast Cash Runway: 8115 has been profitable on average in the past, therefore cash runway is not a concern.


Next Steps

Dividend

What is Shanghai Qingpu Fire-Fighting Equipment's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%2.3%markettop25%6.4%industryaverage2.6%forecastin3Yearsn/a

Current dividend yield vs market & industry

Notable Dividend: Unable to evaluate 8115's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate 8115'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 8115's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 8115'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 8115'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?

5.3yrs

Average management tenure


CEO

Hui Xing Shi (60yo)

5.3yrs

Tenure

CN¥175,000

Compensation

Mr. Hui Xing Shi has been General Manager at Shanghai Qingpu fire-fighting equipment Co., Ltd since November 2014 and has been its Compliance Officer since April 10, 2014. Mr. Shi serves as General Manager ...


CEO Compensation Analysis

Compensation vs Market: Hui Xing's total compensation ($USD24.90K) is below average for companies of similar size in the Hong Kong market ($USD226.90K).

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


Leadership Team

NamePositionTenureCompensationOwnership
Hui Xing Shi
GM, Compliance Officer & Executive Director5.3yrsCN¥175.00kno data
Guo Ping Zhou
Executive Director5.7yrsCN¥103.00kno data
Jin Hui Zhou
Executive Chairman0yrsno datano data
Qiang Sun
Financial Controller4.3yrsno datano data
Jun Luo
Technical Manager0yrsno datano data
Ning Song Qiu
Head of Fire-Fighting Equipments Production Line & Supervisor4.7yrsno datano data
Chi Wai Chan
4990906Company Secretary5.8yrsno datano data
Da Rong Zhao
Office Manager & Supervisor1.7yrsCN¥51.00kno data

5.3yrs

Average Tenure

49yo

Average Age

Experienced Management: 8115's management team is seasoned and experienced (5.3 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Hui Xing Shi
GM, Compliance Officer & Executive Director5.3yrsCN¥175.00kno data
Guo Ping Zhou
Executive Director5.7yrsCN¥103.00kno data
Jin Hui Zhou
Executive Chairman0yrsno datano data
Ning Song Qiu
Head of Fire-Fighting Equipments Production Line & Supervisor4.7yrsno datano data
Da Rong Zhao
Office Manager & Supervisor1.7yrsCN¥51.00kno data
Chun Bao Yang
Independent Non-Executive Director19.3yrsCN¥30.00kno data
Guo Zhong Wang
Independent Non-Executive Director19.3yrsCN¥30.00kno data
Zi Zhang Song
Independent Non-Executive Director5.3yrsCN¥30.00kno data
Jin Liu
Supervisor1.7yrsno datano data

5.5yrs

Average Tenure

54yo

Average Age

Experienced Board: 8115's board of directors are considered experienced (5.5 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

Shanghai Qingpu Fire-Fighting Equipment Co., Ltd.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Shanghai Qingpu Fire-Fighting Equipment Co., Ltd.
  • Ticker: 8115
  • Exchange: SEHK
  • Founded:
  • Industry: Electrical Components and Equipment
  • Sector: Capital Goods
  • Market Cap: HK$99.338m
  • Shares outstanding: 187.43m
  • Website: https://www.shanghaiqingpu.com

Number of Employees


Location

  • Shanghai Qingpu Fire-Fighting Equipment Co., Ltd.
  • Island Place Tower
  • Unit 2605
  • North Point
  • Hong Kong

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
8115SEHK (The Stock Exchange of Hong Kong Ltd.)YesForeign Shares-Foreign ListedHKHKDJun 2004

Biography

Shanghai Qingpu Fire-Fighting Equipment Co., Ltd., together with its subsidiaries, manufactures and sells firefighting equipment and pressure vessel products in the People’s Republic of China, the United States, the European Union, and internationally. The company operates through seven segments: Fire-Fighting Equipment, Inspection Services, Grooved Couplings, Trading, Aquarium Products, Marine Fire-Fighting, and Property Investment. It also provides fire technology inspection services; installs and inspects marine fire-fighting equipment; manufactures and trades in iron casted grooved couplings; trades in sanitary-ware and other products; and invests in and rents office buildings and industrial properties, as well as sells aquarium products. The company was formerly known as Shanghai Qingpu Fire-Fighting Equipment Factory and changed its name to Shanghai Qingpu Fire-Fighting Equipment Co., Ltd. in December 2000. The company is based in North Point, Hong Kong. Shanghai Qingpu Fire-Fighting Equipment Co., Ltd. is a subsidiary of Liancheng Fire-Fighting Group Company Limited. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/25 12:32
End of Day Share Price2020/02/24 00:00
Earnings2019/09/30
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.