SEHK:553

Stock Analysis Report

Nanjing Panda Electronics

Executive Summary

Nanjing Panda Electronics Company Limited, together with its subsidiaries, engages in the research and development, manufacture, and sale of electronic equipment, consumer electronics, and electronic manufacturing products in the People’s Republic of China.


Snowflake Analysis

Adequate balance sheet with weak fundamentals.

Share Price & News

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


Latest Share Price and Events

Stable Share Price: 553 has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

4.8%

553

2.4%

HK Communications

7.4%

HK Market


1 Year Return

56.3%

553

-18.8%

HK Communications

-22.7%

HK Market

Return vs Industry: 553 exceeded the Hong Kong Communications industry which returned -18.8% over the past year.

Return vs Market: 553 exceeded the Hong Kong Market which returned -22.7% over the past year.


Shareholder returns

553IndustryMarket
7 Day4.8%2.4%7.4%
30 Day6.7%-16.8%-11.2%
90 Day17.8%-16.3%-17.3%
1 Year61.6%56.3%-16.6%-18.8%-19.9%-22.7%
3 Year-14.8%-21.6%-9.9%-17.1%-5.3%-14.8%
5 Year-34.3%-41.2%6.7%-7.5%-8.7%-23.4%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

Is Nanjing Panda Electronics undervalued compared to its fair value and its price relative to the market?

148.44x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: 553 (HK$5.22) is trading above our estimate of fair value (HK$0.65)

Significantly Below Fair Value: 553 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 553 is poor value based on its PE Ratio (148.4x) compared to the Communications industry average (15.1x).

PE vs Market: 553 is poor value based on its PE Ratio (148.4x) compared to the Hong Kong market (8.9x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 553's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 553 is overvalued based on its PB Ratio (2.3x) compared to the HK Communications industry average (0.9x).


Next Steps

Future Growth

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

26.6%

Forecasted Tech 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 Panda Electronics 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 Panda Electronics performed over the past 5 years?

-5.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 553 has a high level of non-cash earnings.

Growing Profit Margin: 553's current net profit margins (1.1%) are lower than last year (3.6%).


Past Earnings Growth Analysis

Earnings Trend: 553's earnings have declined by -5.5% per year over the past 5 years.

Accelerating Growth: 553's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 553 had negative earnings growth (-67.5%) over the past year, making it difficult to compare to the Communications industry average (-17.6%).


Return on Equity

High ROE: 553's Return on Equity (3.1%) is considered low.


Next Steps

Financial Health

How is Nanjing Panda Electronics's financial position?


Financial Position Analysis

Short Term Liabilities: 553's short term assets (CN¥4.3B) exceed its short term liabilities (CN¥2.3B).

Long Term Liabilities: 553's short term assets (CN¥4.3B) exceed its long term liabilities (CN¥46.1M).


Debt to Equity History and Analysis

Debt Level: 553's debt to equity ratio (1.4%) is considered satisfactory.

Reducing Debt: 553's debt to equity ratio has increased from 0.9% to 1.4% over the past 5 years.

Debt Coverage: 553's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: 553 earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet

Inventory Level: 553 has a high level of physical assets or inventory.

Debt Coverage by Assets: 553's debt is covered by short term assets (assets are 80.4x debt).


Next Steps

Dividend

What is Nanjing Panda Electronics's current dividend yield, its reliability and sustainability?

0.94%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 553's dividend (0.94%) isn’t notable compared to the bottom 25% of dividend payers in the Hong Kong market (2.63%).

High Dividend: 553's dividend (0.94%) is low compared to the top 25% of dividend payers in the Hong Kong market (7.28%).


Stability and Growth of Payments

Stable Dividend: 553 is not paying a notable dividend for the Hong Kong market, therefore no need to check if payments are stable.

Growing Dividend: 553 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: 553 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 553's dividend in 3 years as they are not forecast to pay a notable one for the Hong Kong market.


Next Steps

Management

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

3.8yrs

Average management tenure


CEO

Dechuan Xia (49yo)

8.42s

Tenure

CN¥773,100

Compensation

Mr. Xia Dechuan has been the General Manager of Nanjing Panda Electronics Co. Ltd., since October 24, 2011 and served as Deputy General Manager since June 30, 2008. Mr. Dechuan has a wealth of knowledge ...


CEO Compensation Analysis

Compensation vs Market: Dechuan's total compensation ($USD108.91K) is below average for companies of similar size in the Hong Kong market ($USD480.55K).

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


Leadership Team

NamePositionTenureCompensationOwnership
Dechuan Xia
GM & Executive Director8.42yrsCN¥773.10kno data
Qing Lu
Vice Chairman0.67yrno datano data
Kun Liu
Deputy General Manager17.58yrsCN¥725.90kno data
Qing Guo
Deputy General Manager6.67yrsCN¥792.00kno data
Huichun Hu
Deputy General Manager3.83yrsCN¥823.20kno data
Bo Shao
Deputy General Manager3.83yrsCN¥523.50kno data
Guixiang Zhou
Chairman0.67yrCN¥347.30kno data
Dali Hu
Chief Financial Officer0.83yrno datano data
Xianfang Liu
Head of the Financial & Accounting Departmentno datano datano data
Dongdong Wang
Company Secretary0.83yrno datano data

3.8yrs

Average Tenure

48yo

Average Age

Experienced Management: 553's management team is considered experienced (3.8 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Dechuan Xia
GM & Executive Director8.42yrsCN¥773.10kno data
Qing Lu
Vice Chairman0.67yrno datano data
Guixiang Zhou
Chairman0.67yrCN¥347.30kno data
Weiming Deng
Non-Executive Director9.83yrsno datano data
Jianlong Shen
Non-Executive Director0.67yrCN¥588.90kno data
Yuxin Zhou
Employee Representative Supervisor11.42yrsCN¥226.00kno data
Jie Du
Independent Non-Executive Director4.67yrsCN¥136.80kno data
Chun Zhang
Independent Non-Executive Director4.67yrsCN¥136.80kno data
Yajun Gao
Independent Non-Executive Directorno datano datano data
Ji Zhao
Chairman of the Supervisory Committee0.67yrno datano data

4.7yrs

Average Tenure

54.5yo

Average Age

Experienced Board: 553's board of directors are considered experienced (4.7 years average tenure).


Ownership

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

Ownership Breakdown

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


Top Shareholders

Company Information

Nanjing Panda Electronics Company Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Nanjing Panda Electronics Company Limited
  • Ticker: 553
  • Exchange: SEHK
  • Founded: 1936
  • Industry: Communications Equipment
  • Sector: Tech
  • Market Cap: CN¥6.870b
  • Listing Market Cap: CN¥7.504b
  • Shares outstanding: 913.84m
  • Website: https://www.panda.cn

Number of Employees


Location

  • Nanjing Panda Electronics Company Limited
  • 7 Jingtian Road
  • Nanjing
  • Jiangsu Province
  • 210033
  • China

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
553SEHK (The Stock Exchange of Hong Kong Ltd.)Foreign Shares-Foreign ListedHKHKDMay 1996
NNJDB (Deutsche Boerse AG)Foreign Shares-Foreign ListedDEEURMay 1996
553SHSC (Stock Exchange of Hong Kong Limited - Shanghai - Hong Kong Stock Connect)Foreign Shares-Foreign ListedHKHKDMay 1996
553SZSC (The Stock Exchange of Hong Kong - Shenzhen - Hong Kong Stock Connect)Foreign Shares-Foreign ListedHKHKDMay 1996
600775SHSE (Shanghai Stock Exchange)YesDomestic SharesCNCNYNov 1996
600775XSSC (Shanghai Stock Exchange - Shanghai - Hong Kong Stock Connect)YesDomestic SharesCNCNYNov 1996

Biography

Nanjing Panda Electronics Company Limited, together with its subsidiaries, engages in the research and development, manufacture, and sale of electronic equipment, consumer electronics, and electronic manufacturing products in the People’s Republic of China. It operates through Intelligent City Industry, Electronic Manufacturing Service, Intelligent Manufacturing Industry, and Other Products segments. The company manufactures and sells automatic transmission equipment and industrial robots; railway transit auto fare collection and ACC system equipment, building intellectualization products, and system integration; and mobile communications, digital communications, and network communication systems and products. It also manufactures general purpose equipment, communications equipment, and digital products; and plastic injection molding products, as well as provides software development, property management, and catering services. In addition, the company offers electronics manufacturing and other services. The company was founded in 1936 and is based in Nanjing, the People’s Republic of China. Nanjing Panda Electronics Company Limited is a subsidiary of Panda Electronics Group Limited. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/03/31 12:34
End of Day Share Price2020/03/31 00:00
Earnings2019/12/31
Annual Earnings2019/12/31


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.