China Ludao Technology Company Limited, an investment holding company, researches and develops, manufactures, and sells aerosol and related products in the People's Republic of China, Japan, Chile, Europe, the United States, and internationally.
Acceptable 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's share price has been volatile over the past 3 months.
7 Day Return
HK Household Products
1 Year Return
HK Household Products
Return vs Industry: 2023 underperformed the Hong Kong Household Products industry which returned 9.1% over the past year.
Return vs Market: 2023 exceeded the Hong Kong Market which returned -21.1% over the past year.
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
4 days ago | Simply Wall StDo Directors Own China Ludao Technology Company Limited (HKG:2023) Shares?
3 weeks ago | Simply Wall StHas China Ludao Technology Company Limited (HKG:2023) Been Employing Capital Shrewdly?
1 month ago | Simply Wall StBased On Its ROE, Is China Ludao Technology Company Limited (HKG:2023) A High Quality Stock?
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 (16.9x) compared to the Household Products industry average (17.3x).
PE vs Market: 2023 is poor value based on its PE Ratio (16.9x) compared to the Hong Kong market (9.2x).
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 (1.2x) compared to the XA Household Products industry average (1.5x).
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.
- Take a look at our analysis of 2023’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
- China Ludao Technology competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Household industry.
How has China Ludao Technology performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 2023 has high quality earnings.
Growing Profit Margin: 2023's current net profit margins (5.8%) are higher than last year (5.7%).
Past Earnings Growth Analysis
Earnings Trend: 2023's earnings have grown by 15.9% per year over the past 5 years.
Accelerating Growth: 2023's earnings growth over the past year (2.2%) is below its 5-year average (15.9% per year).
Earnings vs Industry: 2023 earnings growth over the past year (2.2%) underperformed the Household Products industry 12.3%.
Return on Equity
High ROE: 2023's Return on Equity (7.3%) is considered low.
How is China Ludao Technology's financial position?
Financial Position Analysis
Short Term Liabilities: 2023's short term assets (CN¥420.8M) exceed its short term liabilities (CN¥380.1M).
Long Term Liabilities: 2023's short term assets (CN¥420.8M) exceed its long term liabilities (CN¥39.0M).
Debt to Equity History and Analysis
Debt Level: 2023's debt to equity ratio (76.2%) is considered high.
Reducing Debt: 2023's debt to equity ratio has increased from 14.2% to 76.2% over the past 5 years.
Debt Coverage: 2023's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 2023's interest payments on its debt are not well covered by EBIT (2.3x coverage).
What is China Ludao Technology's 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 payouts.
High Dividend: Unable to evaluate 2023'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 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 (52yo)
Mr. Yuerong Yu is the Founder of China Ludao Technology Company Limited and serves as its Chief Executive Officer. Mr. Yu has over 20 years of extensive experience in PRC's factory operation and corporate ...
CEO Compensation Analysis
Compensation vs Market: Yuerong's total compensation ($USD145.08K) is below average for companies of similar size in the Hong Kong market ($USD232.17K).
Compensation vs Earnings: Yuerong's compensation has increased by more than 20% in the past year.
|Executive Chairman & CEO||no data||CN¥1.03m||47.12% CN¥206.2m|
|Deputy Chairman||2.92yrs||CN¥1.03m||no data|
|CFO & Executive Director||4.67yrs||CN¥202.00k||0.12% CN¥534.0k|
|Executive Director||6.58yrs||CN¥127.00k||no data|
|Head of Research & Development Department and Executive Director||5.92yrs||CN¥256.00k||0.24% CN¥1.1m|
|Independent Non-Executive Director||3.42yrs||CN¥152.00k||no data|
|Independent Non-Executive Director||6.58yrs||CN¥142.00k||no data|
|Independent Non-Executive Director||2.75yrs||CN¥152.00k||no data|
|Non-Executive Director||2.75yrs||CN¥203.00k||no data|
Experienced Board: 2023's board of directors are considered experienced (4.7 years average tenure).
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: 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$437.702m
- Shares outstanding: 491.80m
- Website: https://www.ludaocn.com
Number of Employees
- China Ludao Technology Company Limited
- 5 Sanmen Industry Road
- Sanmen Industry Zone
- Zhejiang Province
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|2023||SEHK (The Stock Exchange of Hong Kong Ltd.)||Yes||Ordinary Shares||HK||HKD||Oct 2013|
China Ludao Technology Company Limited, an investment holding company, researches and develops, manufactures, and sells aerosol and related products in the People's Republic of China, Japan, Chile, Europe, the United States, and internationally. The company offers crystal beads air diffusers and fresheners, air fresheners, aerosol air fresheners, deco fresh air fresheners, gel air fresheners, and scented oil air fresheners. It also provides bathroom cleaners; shaving creams; car care products; and insecticides. The company sells its products through a network of distributors under the Green Island, Ludao, JIERJIA, and EAGLEIN KING brand names. In addition, the company is involved in the clean energy business of collection and utilization of sewage source thermal energy. The company was formerly known as China Ludao Holdings Limited and changed its name to China Ludao Technology Company Limited in July 2012. China Ludao Technology Company Limited was founded in 2002 and is headquartered in Taizhou, the People’s Republic of China.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/04/07 13:59|
|End of Day Share Price||2020/04/07 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.