GTSM:5905

Stock Analysis Report

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Nan Ren Lake Leisure Amusement

Executive Summary

Nan Ren Lake Leisure Amusement Co., Ltd. provides leisure and recreation facilities in Taiwan. More Details


Snowflake Analysis

Excellent balance sheet and overvalued.

Share Price & News

How has Nan Ren Lake Leisure Amusement's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 5905 is not significantly more volatile than the rest of TW stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: 5905's weekly volatility (4%) has been stable over the past year.


Market Performance


7 Day Return

-1.3%

5905

1.6%

TW Hospitality

-0.1%

TW Market


1 Year Return

18.0%

5905

20.0%

TW Hospitality

41.5%

TW Market

Return vs Industry: 5905 underperformed the TW Hospitality industry which returned 20% over the past year.

Return vs Market: 5905 underperformed the TW Market which returned 41.5% over the past year.


Shareholder returns

5905IndustryMarket
7 Day-1.3%1.6%-0.1%
30 Day8.3%14.6%5.6%
90 Day2.3%3.6%15.0%
1 Year20.5%18.0%23.5%20.0%46.5%41.5%
3 Year61.8%43.7%-3.7%-12.6%67.1%48.2%
5 Year52.8%25.8%8.3%-7.2%123.0%83.7%

Long-Term Price Volatility Vs. Market

How volatile is Nan Ren Lake Leisure Amusement's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Nan Ren Lake Leisure Amusement undervalued compared to its fair value and its price relative to the market?

74.39x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: 5905 (NT$11.15) is trading above our estimate of fair value (NT$1.6)

Significantly Below Fair Value: 5905 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 5905 is poor value based on its PE Ratio (74.4x) compared to the TW Hospitality industry average (35.1x).

PE vs Market: 5905 is poor value based on its PE Ratio (74.4x) compared to the TW market (19.4x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 5905's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 5905 is good value based on its PB Ratio (0.9x) compared to the TW Hospitality industry average (2.4x).


Next Steps

Future Growth

How is Nan Ren Lake Leisure Amusement forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

73.8%

Forecasted Consumer Services 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 Nan Ren Lake Leisure Amusement 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 Nan Ren Lake Leisure Amusement performed over the past 5 years?

-13.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 5905 has a large one-off loss of NT$15.5M impacting its September 30 2020 financial results.

Growing Profit Margin: 5905's current net profit margins (2.4%) are lower than last year (7.8%).


Past Earnings Growth Analysis

Earnings Trend: 5905's earnings have declined by 13.1% per year over the past 5 years.

Accelerating Growth: 5905's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 5905 had negative earnings growth (-72.7%) over the past year, making it difficult to compare to the Hospitality industry average (-28.3%).


Return on Equity

High ROE: 5905's Return on Equity (1.1%) is considered low.


Next Steps

Financial Health

How is Nan Ren Lake Leisure Amusement's financial position?


Financial Position Analysis

Short Term Liabilities: 5905's short term assets (NT$1.7B) exceed its short term liabilities (NT$1.2B).

Long Term Liabilities: 5905's short term assets (NT$1.7B) exceed its long term liabilities (NT$124.4M).


Debt to Equity History and Analysis

Debt Level: 5905's debt to equity ratio (23%) is considered satisfactory.

Reducing Debt: 5905's debt to equity ratio has reduced from 31% to 23% over the past 5 years.

Debt Coverage: 5905's debt is not well covered by operating cash flow (4.6%).

Interest Coverage: 5905 earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


Next Steps

Dividend

What is Nan Ren Lake Leisure Amusement current dividend yield, its reliability and sustainability?

1.79%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 5905's dividend (1.79%) isn’t notable compared to the bottom 25% of dividend payers in the TW market (1.98%).

High Dividend: 5905's dividend (1.79%) is low compared to the top 25% of dividend payers in the TW market (4.97%).


Stability and Growth of Payments

Stable Dividend: 5905 has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: 5905 has only been paying a dividend for 7 years, and since then payments have fallen.


Current Payout to Shareholders

Dividend Coverage: With its high payout ratio (133.4%), 5905's dividend payments are not well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

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


CEO

Nan Ren Lake Leisure Amusement has no CEO, or we have no data on them.


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.


Ownership Breakdown

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


Top Shareholders

Company Information

Nan Ren Lake Leisure Amusement Co., Ltd.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Nan Ren Lake Leisure Amusement Co., Ltd.
  • Ticker: 5905
  • Exchange: GTSM
  • Founded: 1989
  • Industry: Hotels, Resorts and Cruise Lines
  • Sector: Consumer Services
  • Market Cap: NT$2.116b
  • Shares outstanding: 189.82m
  • Website: https://www.nanrenhu.com.tw

Location

  • Nan Ren Lake Leisure Amusement Co., Ltd.
  • No.206, Guanghua 1st Road
  • 21st Floor-2
  • Kaohsiung
  • 802
  • Taiwan

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
5905GTSM (Taipei Exchange)YesCommon StockTWTWDJun 2003

Biography

Nan Ren Lake Leisure Amusement Co., Ltd. provides leisure and recreation facilities in Taiwan. It operates the National Museum of Marine Biology and Aquarium, an underwater tunnel, a resort and sleepover, ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/03/04 08:33
End of Day Share Price2021/03/03 00:00
Earnings2020/09/30
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.