SEHK:1691

Stock Analysis Report

Executive Summary

JS Global Lifestyle Company Limited engages in the research and development, design, production, marketing, and sale of small household appliances in China, North America, Europe, and internationally.


Snowflake Analysis

High growth potential and slightly overvalued.


Similar Companies

Share Price & News

How has JS Global Lifestyle's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 1691's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

43.2%

1691

9.6%

HK Consumer Durables

7.4%

HK Market


1 Year Return

n/a

1691

-23.1%

HK Consumer Durables

-22.7%

HK Market

Return vs Industry: Insufficient data to determine how 1691 performed against the Hong Kong Consumer Durables industry.

Return vs Market: Insufficient data to determine how 1691 performed against the Hong Kong Market.


Shareholder returns

1691IndustryMarket
7 Day43.2%9.6%7.4%
30 Day-6.9%-15.3%-11.2%
90 Day5.4%-20.4%-17.3%
1 Yearn/a-21.6%-23.1%-19.9%-22.7%
3 Yearn/a-17.7%-22.9%-5.3%-14.8%
5 Yearn/a-19.2%-27.9%-8.7%-23.4%

Price Volatility Vs. Market

How volatile is JS Global Lifestyle's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is JS Global Lifestyle undervalued compared to its fair value and its price relative to the market?

42.7%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: 1691 (HK$6.03) is trading below our estimate of fair value (HK$10.52)

Significantly Below Fair Value: 1691 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 1691 is poor value based on its PE Ratio (68x) compared to the Consumer Durables industry average (10.5x).

PE vs Market: 1691 is poor value based on its PE Ratio (68x) compared to the Hong Kong market (9x).


Price to Earnings Growth Ratio

PEG Ratio: 1691 is poor value based on its PEG Ratio (1.1x)


Price to Book Ratio

PB vs Industry: 1691 is overvalued based on its PB Ratio (12.6x) compared to the HK Consumer Durables industry average (0.7x).


Next Steps

Future Growth

How is JS Global Lifestyle forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?

61.7%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 1691's forecast earnings growth (61.7% per year) is above the savings rate (1.6%).

Earnings vs Market: 1691's earnings (61.7% per year) are forecast to grow faster than the Hong Kong market (12.8% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: 1691's revenue (13% per year) is forecast to grow faster than the Hong Kong market (9.9% per year).

High Growth Revenue: 1691's revenue (13% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: 1691's Return on Equity is forecast to be high in 3 years time (24.8%)


Next Steps

Past Performance

How has JS Global Lifestyle performed over the past 5 years?

-8.3%

Last years earnings growth


Earnings and Revenue History

Quality Earnings: 1691 has high quality earnings.

Growing Profit Margin: 1691's current net profit margins (1.4%) are lower than last year (2%).


Past Earnings Growth Analysis

Earnings Trend: Insufficient data to determine if 1691's year-on-year earnings growth rate was positive over the past 5 years.

Accelerating Growth: 1691's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 1691 had negative earnings growth (-8.3%) over the past year, making it difficult to compare to the Consumer Durables industry average (5.9%).


Return on Equity

High ROE: Whilst 1691's Return on Equity (25.49%) is high, this metric is skewed due to their high level of debt.


Next Steps

Financial Health

How is JS Global Lifestyle's financial position?


Financial Position Analysis

Short Term Liabilities: 1691's short term assets ($1.3B) exceed its short term liabilities ($1.1B).

Long Term Liabilities: 1691's short term assets ($1.3B) do not cover its long term liabilities ($1.7B).


Debt to Equity History and Analysis

Debt Level: 1691's debt to equity ratio (298.4%) is considered high.

Reducing Debt: Insufficient data to determine if 1691's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: 1691's debt is not well covered by operating cash flow (13.8%).

Interest Coverage: 1691's interest payments on its debt are not well covered by EBIT (2.9x coverage).


Balance Sheet

Inventory Level: 1691 has a low level of unsold assets or inventory.

Debt Coverage by Assets: 1691's debt is not covered by short term assets (assets are 1x debt).


Next Steps

Dividend

What is JS Global Lifestyle's current dividend yield, its reliability and sustainability?

1.29%

Forecast Dividend Yield


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 1691's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate 1691'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 1691's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 1691'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 1691'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?

0.8yrs

Average management tenure


CEO

Xuning Wang (49yo)

0.75

Tenure

Mr. Xuning Wang is a Co-Founder of Yunfeng Capital. Mr. Wang serves as the Chairman of Joyoung Co., Ltd. and served as its General Manager until March 28, 2019. Mr. Wang serves as a Chairman and Chief Exec ...


Leadership Team

NamePositionTenureCompensationOwnership
Xuning Wang
CEO & Executive Chairman0.75yrno data57.87% $11.9b
Mark Adam Barrocas
Global President0.75yrno data2.14% $440.2m
Run Han
CFO & Executive Director0.75yrno datano data
Shuling Huang
Executive Director0.75yrno datano data
Ningning Yang
GM & Director of Joyoung and Chairwoman of SharkNinja (China) Technology Co.1.58yrsno datano data
Minqi Shan
Company Secretary0.75yrno datano data

0.8yrs

Average Tenure

47yo

Average Age

Experienced Management: 1691's management team is not considered experienced ( 0.8 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Xuning Wang
CEO & Executive Chairman0.75yrno data57.87% $11.9b
Run Han
CFO & Executive Director0.75yrno datano data
Shuling Huang
Executive Director0.75yrno datano data
Ningning Yang
GM & Director of Joyoung and Chairwoman of SharkNinja (China) Technology Co.1.58yrsno datano data
Timothy Warner
Independent Non-Executive Director0.42yrno datano data
Tin Yau Wong
Independent Non-Executive Director0.42yrno datano data
Xianxiang Yang
Independent Non-Executive Director0.42yrno datano data
Chi Kin Hui
Non-Executive Director0.75yrno datano data
Stassi Anastas Anastassov
Non-Executive Director0.75yrno datano data

0.8yrs

Average Tenure

52yo

Average Age

Experienced Board: 1691's board of directors are not considered experienced ( 0.8 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: 1691 only recently listed within the past 12 months.


Top Shareholders

Company Information

JS Global Lifestyle Company Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: JS Global Lifestyle Company Limited
  • Ticker: 1691
  • Exchange: SEHK
  • Founded: 1994
  • Industry: Household Appliances
  • Sector: Consumer Durables
  • Market Cap: HK$20.545b
  • Shares outstanding: 3.41b
  • Website: https://www.jsgloballife.com

Number of Employees


Location

  • JS Global Lifestyle Company Limited
  • 238 Des Voeux Road Central
  • 21st Floor
  • Sheung Wan
  • 122001
  • Hong Kong

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
1691SEHK (The Stock Exchange of Hong Kong Ltd.)YesOrdinary sharesHKHKDDec 2019
1691SHSC (Stock Exchange of Hong Kong Limited - Shanghai - Hong Kong Stock Connect)YesOrdinary sharesHKHKDDec 2019
1691SZSC (The Stock Exchange of Hong Kong - Shenzhen - Hong Kong Stock Connect)YesOrdinary sharesHKHKDDec 2019

Biography

JS Global Lifestyle Company Limited engages in the research and development, design, production, marketing, and sale of small household appliances in China, North America, Europe, and internationally. Its products include cleaning appliances, food preparation appliances, cooking appliances, and others. The company was founded in 1994 and is headquartered in Sheung Wan, Hong Kong. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/03/30 13:38
End of Day Share Price2020/03/30 00:00
Earnings2019/06/30
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.