China Ludao Technology Company Limited, an investment holding company, researches and develops, manufactures, and sells aerosol, chemical, and related products in Mainland China, the United States, Europe, Japan, Chile, and internationally. More Details
Proven track record and slightly overvalued.
Share Price & News
How has China Ludao Technology's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 2023 is less volatile than 75% of Hong Kong stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: 2023's weekly volatility (4%) has been stable over the past year.
7 Day Return
HK Household Products
1 Year Return
HK Household Products
Return vs Industry: 2023 exceeded the Hong Kong Household Products industry which returned -8.7% over the past year.
Return vs Market: 2023 underperformed the Hong Kong Market which returned 8.2% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is China Ludao Technology's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 month ago | Simply Wall StHere's Why I Think China Ludao Technology (HKG:2023) Might Deserve Your Attention Today
2 months ago | Simply Wall StChina Ludao Technology (HKG:2023) Share Prices Have Dropped 38% In The Last Five Years
Is China Ludao Technology undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate 2023's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate 2023's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: 2023 is good value based on its PE Ratio (12.1x) compared to the Hong Kong Household Products industry average (13.2x).
PE vs Market: 2023 is poor value based on its PE Ratio (12.1x) compared to the Hong Kong market (10.7x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 2023's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 2023 is good value based on its PB Ratio (1.5x) compared to the HK Household Products industry average (2x).
How is China Ludao Technology forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Household 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 Ludao Technology 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.
How has China Ludao Technology performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 2023 has a high level of non-cash earnings.
Growing Profit Margin: 2023's current net profit margins (7.2%) are higher than last year (5.8%).
Past Earnings Growth Analysis
Earnings Trend: 2023's earnings have grown by 16% per year over the past 5 years.
Accelerating Growth: 2023's earnings growth over the past year (70%) exceeds its 5-year average (16% per year).
Earnings vs Industry: 2023 earnings growth over the past year (70%) exceeded the Household Products industry 21.2%.
Return on Equity
High ROE: 2023's Return on Equity (12.4%) is considered low.
How is China Ludao Technology's financial position?
Financial Position Analysis
Short Term Liabilities: 2023's short term assets (CN¥386.6M) do not cover its short term liabilities (CN¥520.4M).
Long Term Liabilities: 2023's short term assets (CN¥386.6M) exceed its long term liabilities (CN¥12.4M).
Debt to Equity History and Analysis
Debt Level: 2023's debt to equity ratio (84.1%) is considered high.
Reducing Debt: 2023's debt to equity ratio has increased from 0.02% to 84.1% over the past 5 years.
Debt Coverage: 2023's debt is not well covered by operating cash flow (4.9%).
Interest Coverage: 2023's interest payments on its debt are well covered by EBIT (5.5x coverage).
What is China Ludao Technology current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate 2023's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate 2023'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 2023's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if 2023'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 2023's dividend in 3 years as they are not forecast to pay a notable one for the Hong Kong market.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Yuerong Yu (54 yo)
Mr. Yuerong Yu is the Founder of China Ludao Technology Company Limited and serves as its Chief Executive Officer. Mr. Yu has extensive experience in PRC's factory operation and corporate management. Mr. Y...
CEO Compensation Analysis
Compensation vs Market: Yuerong's total compensation ($USD150.40K) is below average for companies of similar size in the Hong Kong market ($USD227.58K).
Compensation vs Earnings: Yuerong's compensation has been consistent with company performance over the past year.
Experienced Board: 2023's board of directors are considered experienced (7.5 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: 2023 insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
China Ludao Technology Company Limited's company bio, employee growth, exchange listings and data sources
- Name: China Ludao Technology Company Limited
- Ticker: 2023
- Exchange: SEHK
- Founded: 2002
- Industry: Household Products
- Sector: Household
- Market Cap: HK$590.160m
- Shares outstanding: 491.80m
- Website: https://www.ludaocn.com
Number of Employees
- China Ludao Technology Company Limited
- No. 5, Sanmen Industry Road
- Sanmen Industry Zone
- Zhejiang Province
China Ludao Technology Company Limited, an investment holding company, researches and develops, manufactures, and sells aerosol, chemical, and related products in Mainland China, the United States, Europe,...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/07/30 18:01|
|End of Day Share Price||2021/07/30 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.