SEHK:2116

Stock Analysis Report

Jiangsu Innovative Ecological New Materials

Executive Summary

Jiangsu Innovative Ecological New Materials Limited, an investment holding company, develops, manufactures, and markets oil refining agents and fuel additives in China, Sudan, Chad, Niger, and Algeria.

Snowflake

Fundamentals

Flawless balance sheet and fair value.

Risks

  • Jiangsu Innovative Ecological New Materials has significant price volatility in the past 3 months.
  • Jiangsu Innovative Ecological New Materials is not covered by any analysts.

Share Price & News

How has Jiangsu Innovative Ecological New Materials's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

0%

SEHK:2116

-0.4%

HK Chemicals

1.2%

HK Market


1 Year Return

-26.9%

SEHK:2116

-30.7%

HK Chemicals

-9.5%

HK Market

2116 outperformed the Chemicals industry which returned -30.7% over the past year.

2116 underperformed the Market in Hong Kong which returned -9.5% over the past year.


Share holder returns

2116IndustryMarket
7 Day0%-0.4%1.2%
30 Day0%-8.9%-8.0%
90 Day-20.0%-17.2%-5.9%
1 Year-25.2%-26.9%-25.7%-30.7%-6.2%-9.5%
3 Yearn/a-8.1%-21.9%14.5%3.1%
5 Yearn/a-10.5%-26.0%8.5%-9.5%

Price Volatility Vs. Market

How volatile is Jiangsu Innovative Ecological New Materials's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Jiangsu Innovative Ecological New Materials undervalued based on future cash flows and its price relative to the stock market?

6.71x

Price to Earnings (PE) ratio


Intrinsic Value Based on Future Cash Flows

Jiangsu Innovative Ecological New Materials's share price is above the future cash flow value, it's not available at a moderate discount (< 20%).

Jiangsu Innovative Ecological New Materials's share price is above the future cash flow value, it's not available at a substantial discount (< 40%).


Price Based on Earnings

Jiangsu Innovative Ecological New Materials is good value based on earnings compared to the HK Chemicals industry average.

Jiangsu Innovative Ecological New Materials is good value based on earnings compared to the Hong Kong market.


Price Based on Expected Growth

Unable to calculate PEG ratio for Jiangsu Innovative Ecological New Materials, we can't assess if its growth is good value.


Price Based on Value of Assets

Jiangsu Innovative Ecological New Materials is good value based on assets compared to the HK Chemicals industry average.


Next Steps

Future Growth

How is Jiangsu Innovative Ecological New Materials expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

8.0%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Unable to determine if Jiangsu Innovative Ecological New Materials is high growth as no revenue estimate data is available.

Jiangsu Innovative Ecological New Materials's earnings are expected to grow by 8% yearly, however this is not considered high growth (20% yearly).

Unable to compare Jiangsu Innovative Ecological New Materials's revenue growth to the Hong Kong market average as no estimate data is available.

Jiangsu Innovative Ecological New Materials's earnings growth is positive but not above the Hong Kong market average.

Jiangsu Innovative Ecological New Materials's earnings growth is expected to exceed the low risk savings rate of 2%.


Earnings per Share Growth Estimates


Future Return on Equity

Unable to establish if Jiangsu Innovative Ecological New Materials will efficiently use shareholders’ funds in the future without estimates of Return on Equity.


Next Steps

Past Performance

How has Jiangsu Innovative Ecological New Materials performed over the past 5 years?

1.3%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Jiangsu Innovative Ecological New Materials's year on year earnings growth rate has been positive over the past 5 years, however the most recent earnings are below average.

Jiangsu Innovative Ecological New Materials's 1-year earnings growth is negative, it can't be compared to the 5-year average.

Jiangsu Innovative Ecological New Materials's 1-year earnings growth is negative, it can't be compared to the HK Chemicals industry average.


Return on Equity

Jiangsu Innovative Ecological New Materials has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

Jiangsu Innovative Ecological New Materials used its assets more efficiently than the HK Chemicals industry average last year based on Return on Assets.


Return on Capital Employed

Jiangsu Innovative Ecological New Materials's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).


Next Steps

Financial Health

How is Jiangsu Innovative Ecological New Materials's financial position?


Financial Position Analysis

Jiangsu Innovative Ecological New Materials is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

Jiangsu Innovative Ecological New Materials has no long term commitments.


Debt to Equity History and Analysis

Jiangsu Innovative Ecological New Materials has no debt.

Jiangsu Innovative Ecological New Materials currently has no debt however we can't compare to 5 years ago as we have no data for that period.

Jiangsu Innovative Ecological New Materials has no debt, it does not need to be covered by operating cash flow.

Jiangsu Innovative Ecological New Materials has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet

High level of physical assets or inventory.

Jiangsu Innovative Ecological New Materials has no debt, it does not need to be covered by short term assets.


Next Steps

Dividend

What is Jiangsu Innovative Ecological New Materials's current dividend yield, its reliability and sustainability?

2.51%

Current Dividend Yield


Dividend Yield and Payments Analysis

Jiangsu Innovative Ecological New Materials's pays a higher dividend yield than the bottom 25% of dividend payers in Hong Kong (2.27%).

Jiangsu Innovative Ecological New Materials's dividend is below the markets top 25% of dividend payers in Hong Kong (6.19%).

It is too early to tell whether Jiangsu Innovative Ecological New Materials has stable dividend payments.

Jiangsu Innovative Ecological New Materials only just started paying a dividend, it is too early to tell if payments are increasing.


Current Payout to Shareholders

Dividends paid are well covered by earnings (5.8x coverage).


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.


Next Steps

Management

What is the CEO of Jiangsu Innovative Ecological New Materials's salary, the management and board of directors tenure and is there insider trading?

1.9yrs

Average board tenure


CEO

Xiaojun Ge (55yo)

0.0yrs

Tenure

CN¥248,000

Compensation

Mr. Xiaojun Ge serves as Chairman of the Board and Chief Executive Officer at Jiangsu Innovative Ecological New Materials Limited and has been its Executive Director since September 18, 2018. Mr. Ge is pri ...


CEO Compensation Analysis

Xiaojun's remuneration is lower than average for companies of similar size in Hong Kong.

Xiaojun's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.


Board Age and Tenure

1.9yrs

Average Tenure

47yo

Average Age

The average tenure for the Jiangsu Innovative Ecological New Materials board of directors is less than 3 years, this suggests a new board.


Insider Trading

No 3 month open market individual insider trading information.


Ownership Breakdown


Management Team

  • Yaqiang Fan (47yo)

    Sales Manager & Executive Director

    • Tenure: 1.9yrs
    • Compensation: CN¥127.00k
  • Jufang Gu (55yo)

    GM & Executive Director

    • Tenure: 1.9yrs
    • Compensation: CN¥186.00k
  • Yu Kit Wong (37yo)

    Joint Company Secretary

    • Tenure: 1.2yrs
  • Xiaojun Ge (55yo)

    Chairman of the Board & CEO

    • Tenure: 0.0yrs
    • Compensation: CN¥248.00k
  • Lei Huang (50yo)

    Vice GM & Executive Director

    • Tenure: 1.9yrs
    • Compensation: CN¥223.00k
  • Jianjun Li (44yo)

    Financial Controller

    • Tenure: 0.0yrs
  • Caijun Jiang (49yo)

    Vice GM & Executive Director

    • Tenure: 1.9yrs
    • Compensation: CN¥223.00k
  • Qian Tan (48yo)

    Joint Company Secretary

    • Tenure: 0.0yrs

Board Members

  • Yaqiang Fan (47yo)

    Sales Manager & Executive Director

    • Tenure: 1.9yrs
    • Compensation: CN¥127.00k
  • Jufang Gu (55yo)

    GM & Executive Director

    • Tenure: 1.9yrs
    • Compensation: CN¥186.00k
  • Xiaojun Ge (55yo)

    Chairman of the Board & CEO

    • Tenure: 0.0yrs
    • Compensation: CN¥248.00k
  • Lei Huang (50yo)

    Vice GM & Executive Director

    • Tenure: 1.9yrs
    • Compensation: CN¥223.00k
  • Yao Gu (33yo)

    Non-Executive Director

    • Tenure: 1.9yrs
    • Compensation: CN¥103.00k
  • Peng Fan (36yo)

    Independent Non-Executive Director

    • Tenure: 1.4yrs
    • Compensation: CN¥86.00k
  • Dongtao Guan (47yo)

    Independent Non-Executive Director

    • Tenure: 1.4yrs
    • Compensation: CN¥86.00k
  • Yan Wu (42yo)

    Independent Non-Executive Director

    • Tenure: 1.4yrs
    • Compensation: CN¥86.00k
  • Caijun Jiang (49yo)

    Vice GM & Executive Director

    • Tenure: 1.9yrs
    • Compensation: CN¥223.00k

Company Information

Jiangsu Innovative Ecological New Materials Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Jiangsu Innovative Ecological New Materials Limited
  • Ticker: 2116
  • Exchange: SEHK
  • Founded: 2002
  • Industry: Commodity Chemicals
  • Sector: Materials
  • Market Cap: HK$182.400m
  • Shares outstanding: 480.00m
  • Website: https://www.jscxsh.cn

Number of Employees


Location

  • Jiangsu Innovative Ecological New Materials Limited
  • No. 16 West Kaixuan Road
  • Economic Development Zone
  • Yixing
  • Jiangsu Province
  • China

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
2116SEHK (The Stock Exchange of Hong Kong Ltd.)YesShare CapitalHKHKDMar 2018

Biography

Jiangsu Innovative Ecological New Materials Limited, an investment holding company, develops, manufactures, and markets oil refining agents and fuel additives in China, Sudan, Chad, Niger, and Algeria. The ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/20 13:09
End of Day Share Price2019/08/20 00:00
Earnings2018/12/31
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.