SEHK:3332

Stock Analysis Report

Nanjing Sinolife United

Executive Summary

Nanjing Sinolife United Company Limited, an investment holding company, engages in the research, development, manufacture, processing, sale, and retail of nutritional supplements and packaged health food products.

Risk Analysis

Earnings have declined by -55.3% per year over past 5 years

Highly volatile share price over past 3 months

Does not have a meaningful market cap (HK$199M)



Snowflake Analysis

Mediocre balance sheet and overvalued.

Share Price & News

How has Nanjing Sinolife United's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 3332's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-0.5%

3332

-0.2%

HK Personal Products

0.9%

HK Market


1 Year Return

-48.4%

3332

-6.8%

HK Personal Products

-1.5%

HK Market

Return vs Industry: 3332 underperformed the Hong Kong Personal Products industry which returned -6.8% over the past year.

Return vs Market: 3332 underperformed the Hong Kong Market which returned -1.5% over the past year.


Shareholder returns

3332IndustryMarket
7 Day-0.5%-0.2%0.9%
30 Day6.1%-2.4%-4.2%
90 Day-16.1%0.8%-0.2%
1 Year-48.4%-48.4%-3.5%-6.8%2.0%-1.5%
3 Year-86.9%-87.9%-2.3%-11.7%17.3%5.4%
5 Year-84.3%-86.9%-23.0%-34.0%17.1%-2.2%

Price Volatility Vs. Market

How volatile is Nanjing Sinolife United's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Nanjing Sinolife United undervalued compared to its fair value and its price relative to the market?

0.32x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate 3332's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate 3332's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: 3332 is unprofitable, so we can't compare its PE Ratio to the Personal Products industry average.

PE vs Market: 3332 is unprofitable, so we can't compare its PE Ratio to the Hong Kong market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 3332's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 3332 is good value based on its PB Ratio (0.3x) compared to the HK Personal Products industry average (1.3x).


Next Steps

Future Growth

How is Nanjing Sinolife United forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

12.7%

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 Nanjing Sinolife United 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.


Next Steps

Past Performance

How has Nanjing Sinolife United performed over the past 5 years?

-55.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 3332 is currently unprofitable.

Growing Profit Margin: 3332 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: 3332 is unprofitable, and losses have increased over the past 5 years at a rate of -55.3% per year.

Accelerating Growth: Unable to compare 3332's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 3332 is unprofitable, making it difficult to compare its past year earnings growth to the Personal Products industry (-5%).


Return on Equity

High ROE: 3332 has a negative Return on Equity (-28.33%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Nanjing Sinolife United's financial position?


Financial Position Analysis

Short Term Liabilities: 3332's short term assets (CN¥351.9M) exceed its short term liabilities (CN¥139.6M).

Long Term Liabilities: 3332's short term assets (CN¥351.9M) exceed its long term liabilities (CN¥32.5M).


Debt to Equity History and Analysis

Debt Level: 3332's debt to equity ratio (6.7%) is considered satisfactory.

Reducing Debt: Insufficient data to determine if 3332's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: 3332's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: Insufficient data to determine if 3332's interest payments on its debt are well covered by EBIT.


Balance Sheet

Inventory Level: 3332 has a high level of physical assets or inventory.

Debt Coverage by Assets: 3332's debt is covered by short term assets (assets are 9.4x debt).


Next Steps

Dividend

What is Nanjing Sinolife United's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

company0%marketbottom25%2.2%markettop25%6.3%industryaverage3.8%forecastin3Yearsn/a

Current dividend yield vs market & industry

Notable Dividend: Unable to evaluate 3332's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate 3332'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 3332's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 3332's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: 3332 is not paying a notable dividend for the Hong Kong market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 3332's dividend in 3 years as they are not forecast to pay a notable one for the Hong Kong market.


Next Steps

Management

What is the CEO of Nanjing Sinolife United's salary, the management and board of directors tenure and is there insider trading?

7.8yrs

Average management tenure


CEO

Yuan Zhang (49yo)

8.5yrs

Tenure

CN¥913,000

Compensation

Ms. Yuan Zhang serves as the Chief Executive Officer and General Manager of Nanjing Sinolife United Company Limited and has been its Executive Director since June 17, 2011. 


CEO Compensation Analysis

Compensation vs Market: Yuan's total compensation ($USD129.50K) is below average for companies of similar size in the Hong Kong market ($USD213.05K).

Compensation vs Earnings: Yuan's compensation has increased whilst the company is unprofitable.


Management Age and Tenure

7.8yrs

Average Tenure

45yo

Average Age

Experienced Management: 3332's management team is seasoned and experienced (7.8 years average tenure).


Board Age and Tenure

6.6yrs

Average Tenure

43.5yo

Average Age

Experienced Board: 3332's board of directors are considered experienced (6.6 years average tenure).


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

BuyCN¥1,019,69924 May 19
Pinghu Gui
EntityIndividual
Role
Chairman of the Board
Executive Chairman
Shares3,000,000
Max PriceCN¥0.34
BuyCN¥326,40718 Apr 19
Pinghu Gui
EntityIndividual
Role
Chairman of the Board
Executive Chairman
Shares962,000
Max PriceCN¥0.34
BuyCN¥318,92118 Apr 19
Pinghu Gui
EntityIndividual
Role
Chairman of the Board
Executive Chairman
Shares956,000
Max PriceCN¥0.33

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Management Team

  • Wendy Kam (51yo)

    Joint Company Secretary

    • Tenure: 6.1yrs
  • Bin Li (39yo)

    Chief Financial Officer

    • Tenure: 6.4yrs
  • Jun Wu (35yo)

    Financial Controller

    • Tenure: 6.3yrs
  • Pinghu Gui (59yo)

    Executive Chairman

    • Tenure: 0yrs
    • Compensation: CN¥780.00k
  • Feifei Zhu (37yo)

    Chief Production Officer & Executive Director

    • Tenure: 7.2yrs
    • Compensation: CN¥613.00k
  • Li Xu (45yo)

    Sales Director

    • Tenure: 7.2yrs
    • Compensation: CN¥869.00k
  • Yuan Zhang (49yo)

    CEO & Executive Director

    • Tenure: 8.5yrs
    • Compensation: CN¥913.00k
  • Hui Zhi (38yo)

    Human Resources Manager & Joint Company Secretary

    • Tenure: 11.9yrs
  • Jiming Song (65yo)

    Compliance Officer

    • Tenure: 14.8yrs

Board Members

  • Xingrong Tao (42yo)

    Supervisor

    • Tenure: 6.6yrs
  • Pinghu Gui (59yo)

    Executive Chairman

    • Tenure: 0yrs
    • Compensation: CN¥780.00k
  • Feifei Zhu (37yo)

    Chief Production Officer & Executive Director

    • Tenure: 7.2yrs
    • Compensation: CN¥613.00k
  • Min Yu (40yo)

    Chairman of the Board of Supervisors & Customer Relations Manager

    • Tenure: 7.2yrs
    • Compensation: CN¥307.00k
  • Li Xu (45yo)

    Sales Director

    • Tenure: 7.2yrs
    • Compensation: CN¥869.00k
  • Yuan Zhang (49yo)

    CEO & Executive Director

    • Tenure: 8.5yrs
    • Compensation: CN¥913.00k
  • Jitong Zhang (46yo)

    Independent Non-Executive Director

    • Tenure: 1.2yrs
    • Compensation: CN¥10.00k
  • Tianchen Cai (45yo)

    Independent Non Executive Director

    • Tenure: 1.2yrs
    • Compensation: CN¥20.00k
  • Wei Wang (36yo)

    Independent Non-Executive Director

    • Tenure: 1.2yrs
    • Compensation: CN¥10.00k
  • Fan Li (40yo)

    Non-Executive Director

    • Tenure: 0.8yrs

Company Information

Nanjing Sinolife United Company Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Nanjing Sinolife United Company Limited
  • Ticker: 3332
  • Exchange: SEHK
  • Founded: 1999
  • Industry: Personal Products
  • Sector: Household
  • Market Cap: HK$198.723m
  • Shares outstanding: 946.30m
  • Website: https://www.zs-united.com

Number of Employees


Location

  • Nanjing Sinolife United Company Limited
  • Deji Building
  • 30th Floor
  • Nanjing
  • Jiangsu Province
  • China

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
3332SEHK (The Stock Exchange of Hong Kong Ltd.)YesForeign Shares-Foreign ListedHKHKDJan 2014

Biography

Nanjing Sinolife United Company Limited, an investment holding company, engages in the research, development, manufacture, processing, sale, and retail of nutritional supplements and packaged health food p ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/12/07 12:57
End of Day Share Price2019/12/05 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.