Bonny International Holding Limited, an investment holding company, manufactures and sells brassieres, functional sportswear, panties, and thermal underwear in the People’s Republic of China.
The last earnings update was 82 days ago.
Discounted Cash Flow Calculation for SEHK:1906 using 2 Stage Free Cash Flow to Equity Model
The calculations below outline how an intrinsic value for
Bonny International Holding
is arrived at by discounting future cash flows to their present value using the 2 stage method.
We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.
SEHK:1906 DCF 1st Stage: Next 10 year cash flow forecast
The current share price of
Bonny International Holding
is above its future cash flow value.
Often investors are willing to pay a
for a company that has a high dividend or the potential for future growth.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for
it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing
when they are out of season, or how much your home is worth.
The amount the stock market is willing to pay for
Bonny International Holding's
is considered below, and whether this is a fair price.
Price based on past earnings
Bonny International Holding's earnings available for a low price, and how does
this compare to other companies in the same industry?
Bonny International Holding's earnings are expected to grow by 1.9% yearly, however this is not considered high growth (20% yearly).
Unable to determine if Bonny International Holding is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can
be gauged below. We look back 3 years and see if they were any good at
predicting what actually occurred. We also show the highest and lowest estimates
looking forward to see if there is a wide range.
Bonny International Holding's performance over the past 5 years by checking for:
Has earnings increased in past 5 years? (1 check)
Has the earnings growth in the last year exceeded that of the
industry? (1 check)
Is the recent earnings growth over the last year higher than the average annual growth over the
past 5 years? (1 check)
Is the Return on Equity (ROE) higher than 20%? (1 check)
Is the Return on Assets (ROA) above industry average? (1 check)
Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent
earnings report. Some checks require at least 3 or 5 years worth of data.
Bonny International Holding
has a total score of
2/6, see the detailed checks below.
Note: We use GAAP Net Income excluding extraordinary items in all our calculations.
A company's financial position is much like your own financial position,
it includes everything you own
The boxes below represent the relative size of what makes up
Bonny International Holding's finances.
The net worth of a company is the difference between its assets and liabilities.
Bonny International Holding's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
Bonny International Holding's cash and other short term assets cover its long term commitments.
This treemap shows a more detailed breakdown of
Bonny International Holding's finances. If any of them are yellow this
indicates they may be out of proportion and red means they relate to one of the
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
High level of physical assets or inventory.
Debt is covered by short term assets, assets are 1.2x debt.
Nearly all companies have debt. Debt in itself isn’t
however if the debt is too high, or the company can’t afford to pay the interest
on its debts this may have impacts in the future.
The graphic below shows equity (available funds) and debt, we ideally want to
see the red area (debt) decreasing.
If there is any debt we look at the companies capability to repay it, and
whether the level has increased over the past 5 years.
Bonny International Holding Limited, an investment holding company, manufactures and sells brassieres, functional sportswear, panties, and thermal underwear in the People’s Republic of China. The company’s the Original Design Manufacture (ODM) Products segment manufactures and sells underwear or other ODM products to overseas customers or their agents, and domestic ODM customers or their agents. Its Brand Products segment manufactures and sells ladies brassieres, panties, thermal underwear under the Bonny brand name. The company was incorporated in 2017 and is based in Yiwu, the People’s Republic of China.
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