Cheerwin Group Limited, together with its subsidiaries, designs, develops, manufactures, and sells household care, personal care, and pet care products in China. More Details
High growth potential with adequate balance sheet.
Share Price & News
How has Cheerwin Group's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 6601 is not significantly more volatile than the rest of Hong Kong stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: Insufficient data to determine 6601's volatility change over the past year.
7 Day Return
HK Household Products
1 Year Return
HK Household Products
Return vs Industry: Insufficient data to determine how 6601 performed against the Hong Kong Household Products industry.
Return vs Market: Insufficient data to determine how 6601 performed against the Hong Kong Market.
Long-Term Price Volatility Vs. Market
How volatile is Cheerwin Group's share price compared to the market and industry in the last 5 years?
Simply Wall St News
Is Cheerwin Group 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: 6601 (HK$5.92) is trading above our estimate of fair value (HK$4.39)
Significantly Below Fair Value: 6601 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 6601 is poor value based on its PE Ratio (22x) compared to the Hong Kong Household Products industry average (12.8x).
PE vs Market: 6601 is poor value based on its PE Ratio (22x) compared to the Hong Kong market (10.6x).
Price to Earnings Growth Ratio
PEG Ratio: 6601 is good value based on its PEG Ratio (0.7x)
Price to Book Ratio
PB vs Industry: 6601 is overvalued based on its PB Ratio (26.6x) compared to the HK Household Products industry average (2x).
How is Cheerwin Group 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: 6601's forecast earnings growth (30.2% per year) is above the savings rate (1.5%).
Earnings vs Market: 6601's earnings (30.2% per year) are forecast to grow faster than the Hong Kong market (18.2% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: 6601's revenue (23.3% per year) is forecast to grow faster than the Hong Kong market (12.3% per year).
High Growth Revenue: 6601's revenue (23.3% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 6601's Return on Equity is forecast to be low in 3 years time (14.2%).
How has Cheerwin Group performed over the past 5 years?
Last years earnings growth
Earnings and Revenue History
Quality Earnings: 6601 has high quality earnings.
Growing Profit Margin: 6601's current net profit margins (13.1%) are lower than last year (13.4%).
Past Earnings Growth Analysis
Earnings Trend: Insufficient data to determine if 6601's year-on-year earnings growth rate was positive over the past 5 years.
Accelerating Growth: Insufficient data to compare 6601's past year earnings growth to its 5-year average.
Earnings vs Industry: 6601 earnings growth over the past year (20.8%) underperformed the Household Products industry 21.2%.
Return on Equity
High ROE: Whilst 6601's Return on Equity (92.97%) is outstanding, this metric is skewed due to their high level of debt.
How is Cheerwin Group's financial position?
Financial Position Analysis
Short Term Liabilities: 6601's short term assets (CN¥1.4B) exceed its short term liabilities (CN¥1.4B).
Long Term Liabilities: 6601's short term assets (CN¥1.4B) exceed its long term liabilities (CN¥5.1M).
Debt to Equity History and Analysis
Debt Level: 6601's debt to equity ratio (119.7%) is considered high.
Reducing Debt: Insufficient data to determine if 6601's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 6601's debt is well covered by operating cash flow (127.6%).
Interest Coverage: 6601 earns more interest than it pays, so coverage of interest payments is not a concern.
What is Cheerwin Group current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 6601's dividend (0.89%) isn’t notable compared to the bottom 25% of dividend payers in the Hong Kong market (2.12%).
High Dividend: 6601's dividend (0.89%) is low compared to the top 25% of dividend payers in the Hong Kong market (6.58%).
Stability and Growth of Payments
Stable Dividend: 6601 is not paying a notable dividend for the Hong Kong market, therefore no need to check if payments are stable.
Growing Dividend: 6601 is not paying a notable dividend for the Hong Kong market, therefore no need to check if payments are increasing.
Current Payout to Shareholders
Dividend Coverage: 6601 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 6601'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
Danxia Chen (41 yo)
Ms. Danxia Chen serves as the Chairman of the Board and Chief Executive Officer at Cheerwin Group Limited and has been its Executive Director since September 27, 2018. Ms. Chen was the Independent Non-Exec...
Experienced Board: 6601's board of directors are not considered experienced ( 0.6 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: 6601 insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: 6601 only recently listed within the past 12 months.
Cheerwin Group Limited's company bio, employee growth, exchange listings and data sources
- Name: Cheerwin Group Limited
- Ticker: 6601
- Exchange: SEHK
- Founded: 2006
- Industry: Household Products
- Sector: Household
- Market Cap: HK$7.893b
- Shares outstanding: 1.33b
- Website: https://www.cheerwin.com
Number of Employees
- Cheerwin Group Limited
- No. 2, Luju Road
- Liwan District
- Guangdong Province
Cheerwin Group Limited, together with its subsidiaries, designs, develops, manufactures, and sells household care, personal care, and pet care products in China. The company offers household cleaning produ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/07/29 15:52|
|End of Day Share Price||2021/07/29 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.