Executive Summary
Jing-Jan Retail Business Co., Ltd. owns and operates a shopping mall. More Details
Rewards
Risk Analysis
Snowflake Analysis
Excellent balance sheet and slightly overvalued.
Share Price & News
How has Jing-Jan Retail Business's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 2942 is less volatile than 75% of TW stocks over the past 3 months, typically moving +/- 2% a week.
Volatility Over Time: 2942's weekly volatility (2%) has been stable over the past year.
Market Performance
7 Day Return
3.6%
2942
1.8%
TW Multiline Retail
-0.1%
TW Market
1 Year Return
-10.5%
2942
10.8%
TW Multiline Retail
41.5%
TW Market
Return vs Industry: 2942 underperformed the TW Multiline Retail industry which returned 10.8% over the past year.
Return vs Market: 2942 underperformed the TW Market which returned 41.5% over the past year.
Shareholder returns
| 2942 | Industry | Market | |
|---|---|---|---|
| 7 Day | 3.6% | 1.8% | -0.1% |
| 30 Day | 5.1% | 4.8% | 5.6% |
| 90 Day | -2.0% | -1.8% | 15.0% |
| 1 Year | -3.9%-10.5% | 15.1%10.8% | 46.5%41.5% |
| 3 Year | n/a | 62.0%43.6% | 67.1%48.2% |
| 5 Year | n/a | 69.2%39.3% | 123.0%83.7% |
Long-Term Price Volatility Vs. Market
How volatile is Jing-Jan Retail Business's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 month ago | Simply Wall St
Declining Stock and Decent Financials: Is The Market Wrong About Jing-Jan Retail Business Co., Ltd. (GTSM:2942)?1 month ago | Simply Wall St
Jing-Jan Retail Business (GTSM:2942) Share Prices Have Dropped 10% In The Last Year2 months ago | Simply Wall St
Is Jing-Jan Retail Business Co., Ltd. (GTSM:2942) A Good Dividend Stock?Valuation
Is Jing-Jan Retail Business undervalued compared to its fair value and its price relative to the market?
15.86x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: 2942 (NT$45) is trading above our estimate of fair value (NT$29.75)
Significantly Below Fair Value: 2942 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 2942 is good value based on its PE Ratio (15.9x) compared to the TW Multiline Retail industry average (55.3x).
PE vs Market: 2942 is good value based on its PE Ratio (15.9x) compared to the TW market (19.4x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 2942's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 2942's PB Ratio (2.7x) is in line with the TW Multiline Retail industry average.
Next Steps
Future Growth
How is Jing-Jan Retail Business forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
41.5%
Forecasted Retail 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 Jing-Jan Retail Business 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
- Examine Jing-Jan Retail Business's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
- Explore growth companies in the Retail industry.
Past Performance
How has Jing-Jan Retail Business performed over the past 5 years?
-0.3%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 2942 has high quality earnings.
Growing Profit Margin: 2942's current net profit margins (13%) are lower than last year (18.1%).
Past Earnings Growth Analysis
Earnings Trend: 2942's earnings have declined by 0.3% per year over the past 5 years.
Accelerating Growth: 2942's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 2942 had negative earnings growth (-32.7%) over the past year, making it difficult to compare to the Multiline Retail industry average (-29.4%).
Return on Equity
High ROE: 2942's Return on Equity (17%) is considered low.
Next Steps
Financial Health
How is Jing-Jan Retail Business's financial position?
Financial Position Analysis
Short Term Liabilities: 2942's short term assets (NT$1.6B) exceed its short term liabilities (NT$1.4B).
Long Term Liabilities: 2942's short term assets (NT$1.6B) do not cover its long term liabilities (NT$3.8B).
Debt to Equity History and Analysis
Debt Level: 2942 is debt free.
Reducing Debt: 2942 has no debt compared to 5 years ago when its debt to equity ratio was 87%.
Debt Coverage: 2942 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 2942 has no debt, therefore coverage of interest payments is not a concern.
Balance Sheet
Next Steps
Dividend
What is Jing-Jan Retail Business's current dividend yield, its reliability and sustainability?
7.84%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 2942's dividend (7.84%) is higher than the bottom 25% of dividend payers in the TW market (1.98%).
High Dividend: 2942's dividend (7.84%) is in the top 25% of dividend payers in the TW market (4.97%)
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, 2942 has been paying a dividend for less than 10 years.
Growing Dividend: 2942 has only been paying a dividend for 2 years, and since then payments have fallen.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (124.4%), 2942'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
Jing-Jan Retail Business 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
Jing-Jan Retail Business Co., Ltd.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Jing-Jan Retail Business Co., Ltd.
- Ticker: 2942
- Exchange: GTSM
- Founded: NaN
- Industry: Department Stores
- Sector: Retail
- Market Cap: NT$2.700b
- Shares outstanding: 60.00m
- Website: https://www.qsquare.com.tw
Location
- Jing-Jan Retail Business Co., Ltd.
- No.1, Sec.1
- Chengde Road
- Taipei
- Taiwan
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| 2942 | GTSM (Taipei Exchange) | Yes | Ordinary Shares | TW | TWD | Apr 2018 |
Biography
Jing-Jan Retail Business Co., Ltd. owns and operates a shopping mall. The company is based in Taipei, Taiwan. Jing-Jan Retail Business Co., Ltd. is a subsidiary of Radium Life Technology Co., Ltd.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/03/04 08:32 |
| End of Day Share Price | 2021/03/03 00:00 |
| Earnings | 2020/06/30 |
| Annual Earnings | 2019/12/31 |
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.