Shandong Fengxiang Co., Ltd. produces white-feathered broilers in the People’s Republic of China. More Details
High growth potential and fair value.
Share Price & News
How has Shandong Fengxiang's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 9977 is not significantly more volatile than the rest of Hong Kong stocks over the past 3 months, typically moving +/- 9% a week.
Volatility Over Time: 9977's weekly volatility (9%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: Insufficient data to determine how 9977 performed against the Hong Kong Food industry.
Return vs Market: Insufficient data to determine how 9977 performed against the Hong Kong Market.
Long-Term Price Volatility Vs. Market
How volatile is Shandong Fengxiang's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 months ago | Simply Wall StShandong Fengxiang's (HKG:9977) Earnings Are Growing But Is There More To The Story?
4 months ago | Simply Wall StShandong Fengxiang Co., Ltd's (HKG:9977) Stock's On An Uptrend: Are Strong Financials Guiding The Market?
Is Shandong Fengxiang undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: 9977 (HK$2.47) is trading below our estimate of fair value (HK$6.94)
Significantly Below Fair Value: 9977 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 9977 is poor value based on its PE Ratio (16.5x) compared to the HK Food industry average (11.1x).
PE vs Market: 9977 is poor value based on its PE Ratio (16.5x) compared to the Hong Kong market (11.6x).
Price to Earnings Growth Ratio
PEG Ratio: 9977 is good value based on its PEG Ratio (0.3x)
Price to Book Ratio
PB vs Industry: 9977's PB Ratio (0.9x) is in line with the HK Food industry average.
How is Shandong Fengxiang forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 9977's forecast earnings growth (64.9% per year) is above the savings rate (1.5%).
Earnings vs Market: 9977's earnings (64.9% per year) are forecast to grow faster than the Hong Kong market (19.7% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: 9977's revenue (23% per year) is forecast to grow faster than the Hong Kong market (13.8% per year).
High Growth Revenue: 9977's revenue (23% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 9977's Return on Equity is forecast to be low in 3 years time (18.7%).
How has Shandong Fengxiang performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 9977 has a large one-off gain of CN¥34.9M impacting its December 31 2020 financial results.
Growing Profit Margin: 9977's current net profit margins (3.9%) are lower than last year (21.3%).
Past Earnings Growth Analysis
Earnings Trend: 9977's earnings have grown significantly by 35.1% per year over the past 5 years.
Accelerating Growth: 9977's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 9977 had negative earnings growth (-81.8%) over the past year, making it difficult to compare to the Food industry average (12.8%).
Return on Equity
High ROE: 9977's Return on Equity (4.5%) is considered low.
How is Shandong Fengxiang's financial position?
Financial Position Analysis
Short Term Liabilities: 9977's short term assets (CN¥2.6B) exceed its short term liabilities (CN¥2.2B).
Long Term Liabilities: 9977's short term assets (CN¥2.6B) exceed its long term liabilities (CN¥227.5M).
Debt to Equity History and Analysis
Debt Level: 9977's debt to equity ratio (46.8%) is considered high.
Reducing Debt: Insufficient data to determine if 9977's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 9977's debt is well covered by operating cash flow (44.7%).
Interest Coverage: 9977's interest payments on its debt are not well covered by EBIT (2.9x coverage).
What is Shandong Fengxiang current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 9977's dividend (1.44%) isn’t notable compared to the bottom 25% of dividend payers in the Hong Kong market (1.97%).
High Dividend: 9977's dividend (1.44%) is low compared to the top 25% of dividend payers in the Hong Kong market (6.01%).
Stability and Growth of Payments
Stable Dividend: Too early to tell whether 9977's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if 9977's dividend payments are increasing as they only just started paying a dividend.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (23.7%), 9977's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: 9977's dividends in 3 years are forecast to be well covered by earnings (33.6% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Dongsheng Xiao (48 yo)
Mr. Dongsheng Xiao has been the General Manager of Shandong Fengxiang Co., Ltd. since February 7, 2018 and has been its Executive Director since November 1, 2018. Mr. Xiao is primarily responsible for the ...
Experienced Management: 9977's management team is considered experienced (3.2 years average tenure).
Experienced Board: 9977's board of directors are not considered experienced ( 2.4 years average tenure), which suggests a new board.
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
Dilution of Shares: 9977 only recently listed within the past 12 months.
Shandong Fengxiang Co., Ltd's company bio, employee growth, exchange listings and data sources
- Name: Shandong Fengxiang Co., Ltd
- Ticker: 9977
- Exchange: SEHK
- Founded: 2010
- Industry: Packaged Foods and Meats
- Sector: Food, Beverage & Tobacco
- Market Cap: HK$3.458b
- Shares outstanding: 1.40b
- Website: https://www.fengxiang.com
Number of Employees
- Shandong Fengxiang Co., Ltd
- Liumiao Village
- Anle Town
- Shandong Province
Shandong Fengxiang Co., Ltd. produces white-feathered broilers in the People’s Republic of China. It primarily engages in the chicken breeding, slaughtering, and processing, as well as sale of chicken meat...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/04/14 10:32|
|End of Day Share Price||2021/04/14 00:00|
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.