NasdaqCM:TMSR

Stock Analysis Report

Executive Summary

TMSR Holding Company Limited, together with its subsidiaries, engages in the research, development, and sale of solid waste recycling systems for the mining and industrial sectors in the People’s Republic of China.

Risk Analysis

Earnings have declined by -72.66% per year over past 5 years

Shareholders have been diluted in the past year

Does not have a meaningful market cap ($20M)



Snowflake Analysis

Mediocre balance sheet and overvalued.


Similar Companies

Share Price & News

How has TMSR Holding's share price performed over time and what events caused price changes?


Latest Share Price and Events

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


Market Performance


7 Day Return

-4.0%

TMSR

2.0%

US Machinery

0.7%

US Market


1 Year Return

-41.7%

TMSR

25.3%

US Machinery

21.1%

US Market

Return vs Industry: TMSR underperformed the US Machinery industry which returned 25.3% over the past year.

Return vs Market: TMSR underperformed the US Market which returned 21.1% over the past year.


Shareholder returns

TMSRIndustryMarket
7 Day-4.0%2.0%0.7%
30 Day3.3%2.5%2.3%
90 Day-3.1%7.8%5.0%
1 Year-41.7%-41.7%27.5%25.3%23.7%21.1%
3 Yearn/a46.0%36.8%47.0%37.4%
5 Yearn/a67.4%47.6%65.7%47.5%

Price Volatility Vs. Market

How volatile is TMSR Holding's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is TMSR Holding undervalued compared to its fair value and its price relative to the market?

0.91x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate TMSR's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate TMSR's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: TMSR is unprofitable, so we can't compare its PE Ratio to the Machinery industry average.

PE vs Market: TMSR is unprofitable, so we can't compare its PE Ratio to the US market.


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: TMSR is good value based on its PB Ratio (0.9x) compared to the US Machinery industry average (2.5x).


Next Steps

Future Growth

How is TMSR Holding forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

10.2%

Forecasted Capital Goods 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 TMSR Holding 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 TMSR Holding performed over the past 5 years?

-72.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: TMSR is currently unprofitable.

Growing Profit Margin: TMSR is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: TMSR is unprofitable, and losses have increased over the past 5 years at a rate of -72.7% per year.

Accelerating Growth: Unable to compare TMSR's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: TMSR is unprofitable, making it difficult to compare its past year earnings growth to the Machinery industry (10.9%).


Return on Equity

High ROE: TMSR has a negative Return on Equity (-3.51%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is TMSR Holding's financial position?


Financial Position Analysis

Short Term Liabilities: TMSR's short term assets ($13.4M) exceed its short term liabilities ($12.5M).

Long Term Liabilities: TMSR's short term assets ($13.4M) exceed its long term liabilities ($322.0K).


Debt to Equity History and Analysis

Debt Level: TMSR's debt to equity ratio (0.6%) is considered satisfactory.

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

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

Interest Coverage: Insufficient data to determine if TMSR's interest payments on its debt are well covered by EBIT.


Balance Sheet

Inventory Level: TMSR has a low level of unsold assets or inventory.

Debt Coverage by Assets: TMSR's debt is covered by short term assets (assets are 95.6x debt).


Next Steps

Dividend

What is TMSR Holding's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%1.4%markettop25%3.7%industryaverage1.9%forecastin3Yearsn/a

Current dividend yield vs market & industry

Notable Dividend: Unable to evaluate TMSR's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate TMSR's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if TMSR's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if TMSR's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of TMSR's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

What is the CEO of TMSR Holding's salary, the management and board of directors tenure and is there insider trading?

0.7yrs

Average management tenure


CEO

Yimin Jin (48yo)

0.7yrs

Tenure

0

Mr. Yimin Jin has been Co-Chairman of the Board and Chief Executive Officer at TMSR Holding Company Limited since April 15, 2019. He was Chief Strategy Officer and Director at American Lorain Corporation ( ...


Management Age and Tenure

0.7yrs

Average Tenure

55yo

Average Age

Experienced Management: TMSR's management team is not considered experienced ( 0.7 years average tenure), which suggests a new team.


Board Age and Tenure

0.7yrs

Average Tenure

45yo

Average Age

Experienced Board: TMSR's board of directors are not considered experienced ( 0.7 years average tenure), which suggests a new board.


Insider Trading

Insider Buying: TMSR insiders have only sold shares in the past 3 months.


Recent Insider Transactions

SellUS$800,00004 Dec 19
Yimin Jin
EntityIndividual
Role
Chief Executive Officer
Co-Chairman of the Board & CEO
Shares1,000,000
Max PriceUS$0.80

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 2.3%.


Management Team

  • Yimin Jin (48yo)

    Co-Chairman of the Board & CEO

    • Tenure: 0.7yrs
  • Yuguo Zhang (62yo)

    President & Co-Chairman

    • Tenure: 0.7yrs
  • Xiaonian Zhang (66yo)

    Vice President

    • Tenure: 0.7yrs
    • Compensation: US$14.62k
  • Yi Li (41yo)

    Chief Financial Officer

    • Tenure: 0.7yrs

Board Members

  • Xueyuan Han (45yo)

    Independent Director

    • Tenure: 0.7yrs
  • Yimin Jin (48yo)

    Co-Chairman of the Board & CEO

    • Tenure: 0.7yrs
  • Yuguo Zhang (62yo)

    President & Co-Chairman

    • Tenure: 0.7yrs
  • Mingze Yin (31yo)

    Independent Director

    • Tenure: 0.8yrs
  • Min Zhu (39yo)

    Independent Director

    • Tenure: 0.8yrs
  • Manli Long (39yo)

    Independent Director

    • Tenure: 0.7yrs
  • Qihai Wang (49yo)

    Independent Director

    • Tenure: 0.7yrs

Company Information

TMSR Holding Company Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: TMSR Holding Company Limited
  • Ticker: TMSR
  • Exchange: NasdaqCM
  • Founded:
  • Industry: Industrial Machinery
  • Sector: Capital Goods
  • Market Cap: US$19.781m
  • Shares outstanding: 20.82m
  • Website: https://www.tmsr-ltd.com

Number of Employees


Location

  • TMSR Holding Company Limited
  • A101 Hanzheng Street City Industry Park
  • No.21 Jiefang Avenue
  • Wuhan
  • Hubei Province
  • 430000
  • China

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
TMSRNasdaqCM (Nasdaq Capital Market)YesCommon StockUSUSDFeb 2018

Biography

TMSR Holding Company Limited, together with its subsidiaries, engages in the research, development, and sale of solid waste recycling systems for the mining and industrial sectors in the People’s Republic  ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/12/15 00:26
End of Day Share Price2019/12/13 00:00
Earnings2019/09/30
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.