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6616

Global New Material International Holdings SEHK:6616 Stock Report

Last Price

HK$4.01

Market Cap

HK$4.8b

7D

-1.0%

1Y

-33.9%

Updated

18 Aug, 2022

Data

Company Financials
6616 fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance1/6
Financial Health5/6
Dividends0/6

6616 Stock Overview

Global New Material International Holdings Limited, an investment holding company, engages in the production and sale of pearlescent pigment products in the People’s Republic of China, Asia, Europe, Africa, and South America.

Rewards

Revenue grew by 17.7% over the past year

Risk Analysis

6616 passed our risk checks.

Global New Material International Holdings Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Global New Material International Holdings
Historical stock prices
Current Share PriceHK$4.01
52 Week HighHK$11.50
52 Week LowHK$3.63
Beta0
1 Month Change-0.25%
3 Month Change4.97%
1 Year Change-33.94%
3 Year Changen/a
5 Year Changen/a
Change since IPO8.38%

Recent News & Updates

Jul 27
Global New Material International Holdings (HKG:6616) Will Be Hoping To Turn Its Returns On Capital Around

Global New Material International Holdings (HKG:6616) Will Be Hoping To Turn Its Returns On Capital Around

To find a multi-bagger stock, what are the underlying trends we should look for in a business? Amongst other things...

Shareholder Returns

6616HK ChemicalsHK Market
7D-1.0%1.9%1.5%
1Y-33.9%-35.0%-20.8%

Return vs Industry: 6616 exceeded the Hong Kong Chemicals industry which returned -35% over the past year.

Return vs Market: 6616 underperformed the Hong Kong Market which returned -20.8% over the past year.

Price Volatility

Is 6616's price volatile compared to industry and market?
6616 volatility
6616 Average Weekly Movement6.7%
Chemicals Industry Average Movement6.5%
Market Average Movement6.5%
10% most volatile stocks in HK Market12.8%
10% least volatile stocks in HK Market3.2%

Stable Share Price: 6616 is not significantly more volatile than the rest of Hong Kong stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: 6616's weekly volatility (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2011503Ertian Suhttps://www.chesir.net

Global New Material International Holdings Limited, an investment holding company, engages in the production and sale of pearlescent pigment products in the People’s Republic of China, Asia, Europe, Africa, and South America. The company offers natural mica-based, synthetic mica-based, glass flake-based, and silicon oxide-based pearlescent pigment products. It also produces and sells synthetic mica powder of various granule sizes as raw materials to produce functional fillers, insulating materials, refractory materials, and nickel-hydrogen batteries.

Global New Material International Holdings Fundamentals Summary

How do Global New Material International Holdings's earnings and revenue compare to its market cap?
6616 fundamental statistics
Market CapHK$4.78b
Earnings (TTM)HK$187.41m
Revenue (TTM)HK$774.65m

25.5x

P/E Ratio

6.2x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
6616 income statement (TTM)
RevenueCN¥669.73m
Cost of RevenueCN¥329.66m
Gross ProfitCN¥340.07m
Other ExpensesCN¥178.04m
EarningsCN¥162.03m

Last Reported Earnings

Dec 31, 2021

Next Earnings Date

Aug 27, 2022

Earnings per share (EPS)0.14
Gross Margin50.78%
Net Profit Margin24.19%
Debt/Equity Ratio6.7%

How did 6616 perform over the long term?

See historical performance and comparison

Dividends

0.8%

Current Dividend Yield

18%

Payout Ratio
We’ve recently updated our valuation analysis.

Valuation

Is 6616 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 6616?

Other financial metrics that can be useful for relative valuation.

6616 key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue4.2x
Enterprise Value/EBITDA12.5x
PEG Ration/a

Price to Earnings Ratio vs Peers

How does 6616's PE Ratio compare to its peers?

6616 PE Ratio vs Peers
The above table shows the PE ratio for 6616 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average16.1x
3318 China Boton Group
17.1xn/aHK$3.6b
609 Tiande Chemical Holdings
5xn/aHK$2.2b
1084 Green Future Food Hydrocolloid Marine Science
25.4xn/aHK$2.6b
336 Huabao International Holdings
17xn/aHK$13.3b
6616 Global New Material International Holdings
25.5xn/aHK$4.8b

Price-To-Earnings vs Peers: 6616 is expensive based on its Price-To-Earnings Ratio (25.5x) compared to the peer average (16.1x).


Price to Earnings Ratio vs Industry

How does 6616's PE Ratio compare vs other companies in the HK Chemicals Industry?

Price-To-Earnings vs Industry: 6616 is expensive based on its Price-To-Earnings Ratio (25.5x) compared to the Hong Kong Chemicals industry average (5.7x)


Price to Earnings Ratio vs Fair Ratio

What is 6616's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

6616 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio25.5x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate 6616's Price-To-Earnings Fair Ratio for valuation analysis.


Share Price vs Fair Value

What is the Fair Price of 6616 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 6616 (HK$4.01) is trading above our estimate of fair value (HK$0.64)

Significantly Below Fair Value: 6616 is trading above our estimate of fair value.


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.


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Future Growth

How is Global New Material International Holdings forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


28.4%

Forecasted Materials 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 Global New Material International Holdings 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.


Discover growth companies

Past Performance

How has Global New Material International Holdings performed over the past 5 years?

Past Performance Score

1/6

Past Performance Score 1/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


9.4%

Last years earnings growth

Earnings and Revenue History

Quality Earnings: 6616 has high quality earnings.

Growing Profit Margin: 6616's current net profit margins (24.2%) are lower than last year (26%).


Past Earnings Growth Analysis

Earnings Trend: Insufficient data to determine if 6616's year-on-year earnings growth rate was positive over the past 5 years.

Accelerating Growth: Insufficient data to compare 6616's past year earnings growth to its 5-year average.

Earnings vs Industry: 6616 earnings growth over the past year (9.4%) underperformed the Chemicals industry 50.4%.


Return on Equity

High ROE: 6616's Return on Equity (7.2%) is considered low.


Discover strong past performing companies

Financial Health

How is Global New Material International Holdings's financial position?

Financial Health Score

5/6

Financial Health Score 5/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: 6616's short term assets (CN¥2.0B) exceed its short term liabilities (CN¥255.0M).

Long Term Liabilities: 6616's short term assets (CN¥2.0B) exceed its long term liabilities (CN¥6.7M).


Debt to Equity History and Analysis

Debt Level: 6616 has more cash than its total debt.

Reducing Debt: Insufficient data to determine if 6616's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: 6616's debt is well covered by operating cash flow (93.3%).

Interest Coverage: 6616's interest payments on its debt are well covered by EBIT (24.4x coverage).


Balance Sheet


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Dividend

What is Global New Material International Holdings's current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage


0.84%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: 6616's dividend (0.85%) isn’t notable compared to the bottom 25% of dividend payers in the Hong Kong market (2.84%).

High Dividend: 6616's dividend (0.85%) is low compared to the top 25% of dividend payers in the Hong Kong market (8.27%).


Stability and Growth of Payments

Stable Dividend: 6616 is not paying a notable dividend for the Hong Kong market, therefore no need to check if payments are stable.

Growing Dividend: 6616 is not paying a notable dividend for the Hong Kong market, therefore no need to check if payments are increasing.


Earnings Payout to Shareholders

Earnings Coverage: 6616 is not paying a notable dividend for the Hong Kong market.


Cash Payout to Shareholders

Cash Flow Coverage: 6616 is not paying a notable dividend for the Hong Kong market.


Discover strong dividend paying companies

Management

How experienced are the management team and are they aligned to shareholders interests?

1.7yrs

Average board tenure


CEO

Ertian Su (55 yo)

no data

Tenure

CN¥826,000

Compensation

Mr. Ertian Su is Chairman and Chief Executive Officer of Global New Material International Holdings Limited. Mr. Su is also Founder and an Executive Director at Global New Material International Holdings L...


CEO Compensation Analysis

Compensation vs Market: Ertian's total compensation ($USD121.81K) is below average for companies of similar size in the Hong Kong market ($USD544.06K).

Compensation vs Earnings: Ertian's compensation has been consistent with company performance over the past year.


Board Members

Experienced Board: 6616's board of directors are not considered experienced ( 1.7 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: 6616 insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

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


Top Shareholders

Company Information

Global New Material International Holdings Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Global New Material International Holdings Limited
  • Ticker: 6616
  • Exchange: SEHK
  • Founded: 2011
  • Industry: Specialty Chemicals
  • Sector: Materials
  • Implied Market Cap: HK$4.779b
  • Shares outstanding: 1.19b
  • Website: https://www.chesir.net

Number of Employees


Location

  • Global New Material International Holdings Limited
  • Pearlescent Industrial Park
  • No. 380, Feilu Road
  • Liuzhou
  • Guangxi Zhuang Province
  • 545600
  • China

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/08/18 00:00
End of Day Share Price2022/08/18 00:00
Earnings2021/12/31
Annual Earnings2021/12/31


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.