OTCPK:SNYY.F

Stock Analysis Report

Sany Heavy Equipment International Holdings

Executive Summary

Sany Heavy Equipment International Holdings Company Limited, an investment holding company, researches, develops, manufactures, and sells integrated excavation machinery, integrated coal mining equipment, and coal mine transportation equipment.

Snowflake

Fundamentals

High growth potential with excellent balance sheet.


Similar Companies

Share Price & News

How has Sany Heavy Equipment International Holdings's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

35.1%

SNYY.F

3.2%

US Machinery

1.3%

US Market


1 Year Return

72.4%

SNYY.F

1.6%

US Machinery

5.9%

US Market

Return vs Industry: SNYY.F exceeded the US Machinery industry which returned 1.6% over the past year.

Return vs Market: SNYY.F exceeded the US Market which returned 5.9% over the past year.


Shareholder returns

SNYY.FIndustryMarket
7 Day35.1%3.2%1.3%
30 Day35.1%-3.8%-1.9%
90 Dayn/a-4.6%-1.8%
1 Year72.4%72.4%3.8%1.6%8.3%5.9%
3 Yearn/a45.8%36.4%45.6%36.2%
5 Year108.3%108.3%59.9%40.7%66.1%47.9%

Price Volatility Vs. Market

How volatile is Sany Heavy Equipment International Holdings's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Sany Heavy Equipment International Holdings undervalued compared to its fair value and its price relative to the market?

12.12x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Undervalued: SNYY.F ($0.5) is trading above our estimate of fair value ($0.41)

Significantly Undervalued: SNYY.F is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: SNYY.F is good value based on its PE Ratio (12.1x) compared to the Machinery industry average (19.6x).

PE vs Market: SNYY.F is good value based on its PE Ratio (12.1x) compared to the US market (17.5x).


Price to Earnings Growth Ratio

Low PEG Ratio: SNYY.F is good value based on its PEG Ratio (0.5x)


Price to Book Ratio

PB vs Industry: SNYY.F is good value based on its PB Ratio (1.5x) compared to the US Machinery industry average (2.2x).


Next Steps

Future Growth

How is Sany Heavy Equipment International Holdings forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?

22.4%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: SNYY.F's forecast earnings growth (22.4% per year) is above the savings rate (2.7%).

Earnings vs Market: SNYY.F's earnings (22.4% per year) are forecast to grow faster than the US market (14.4% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: SNYY.F's revenue (23% per year) is forecast to grow faster than the US market (7.3% per year).

High Growth Revenue: SNYY.F's revenue (23% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

High Future ROE: SNYY.F's Return on Equity is forecast to be low in 3 years time (16.6%).


Next Steps

Past Performance

How has Sany Heavy Equipment International Holdings performed over the past 5 years?

32.8%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: SNYY.F's earnings have grown significantly by 32.8% per year over the past 5 years.

Accelerating Growth: SNYY.F's earnings growth over the past year (74.3%) exceeds its 5-year average (32.8% per year).

Earnings vs Industry: SNYY.F earnings growth over the past year (74.3%) exceeded the Machinery industry 18.7%.


Return on Equity

High ROE: SNYY.F's Return on Equity (11.8%) is considered low.


Return on Assets

ROA vs Industry: SNYY.F's Return on Assets is below or equal to the Machinery industry average last year.


Return on Capital Employed

ROCE Improving: SNYY.F's Return on Capital Employed has declined over the past 3 years.


Next Steps

Financial Health

How is Sany Heavy Equipment International Holdings's financial position?


Financial Position Analysis

Short Term Liabilities: SNYY.F's short term assets (CN¥8.2B) exceeds its short term liabilities (CN¥5.3B)

Long Term Liabilities: SNYY.F's short term assets (8.2B) exceeds its long term liabilities (1.3B)


Debt to Equity History and Analysis

Debt Level: SNYY.F's debt to equity ratio (22.3%) is considered satisfactory

Reducing Debt: SNYY.F's debt to equity ratio has increased from 7.4% to 22.3% over the past 5 years.

Debt Coverage: SNYY.F's debt is well covered by operating cash flow (48.2%).

Interest Coverage: SNYY.F's interest payments on its debt are well covered by EBIT (150.1x coverage).


Balance Sheet

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

Debt Coverage by Assets: SNYY.F's debt is covered by short term assets (assets are 5.385120x debt).


Next Steps

Dividend

What is Sany Heavy Equipment International Holdings's current dividend yield, its reliability and sustainability?

2.70%

Current Dividend Yield


Dividend Yield vs Market

company2.7%marketbottom25%1.5%markettop25%3.8%industryaverage2.1%forecastin3Years4.2%

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: SNYY.F's dividend (2.7%) is higher than the bottom 25% of dividend payers in the US market (1.47%).

High Dividend: SNYY.F's dividend (2.7%) is low compared to the top 25% of dividend payers in the US market (3.77%).

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

Growing Dividend: SNYY.F's dividend payments have increased, but the company has only paid a dividend for 9 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (33.8%), SNYY.F's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: SNYY.F's dividends in 3 years are forecast to be well covered by earnings (33.4% payout ratio).


Next Steps

Management

What is the CEO of Sany Heavy Equipment International Holdings's salary, the management and board of directors tenure and is there insider trading?

3.6yrs

Average management tenure


CEO

Jian Qi (59yo)

4.2yrs

Tenure

CN¥2,832,000

Compensation

Mr. Jian Qi has been the Chairman and Chief Executive Officer of Sany Heavy Equipment International Holdings Company Ltd. since August 6, 2015. Mr. Qi serves as Senior Vice President of Sany Group General  ...


CEO Compensation Analysis

Compensation vs. Market: Insufficient data to establish whether Jian's total compensation is reasonable compared to companies of similar size in the US market.

Compensation vs Earnings: Jian's compensation has increased by more than 20% in the past year.


Management Age and Tenure

3.6yrs

Average Tenure

47yo

Average Age

Experienced Management: SNYY.F's management team is considered experienced (3.6 years average tenure).


Board Age and Tenure

4.2yrs

Average Tenure

57yo

Average Age

Experienced Board: SNYY.F's board of directors are considered experienced (4.2 years average tenure).


Insider Trading

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


Recent Insider Transactions

BuyCN¥20,87520 Sep 19
Chiu Kwok Poon
EntityIndividual
Role
Member of the Board of Directors
Independent Non-Executive Director
Shares50,000
Max PriceCN¥0.42
SellCN¥16,077,08429 Apr 19
Sany Heavy Equipment Investments Company Limited
EntityCompany
Shares36,132,500
Max PriceCN¥0.44
BuyCN¥2,02913 Nov 18
Zhihong Zhang
EntityIndividual
Role
Member of the Board of Directors
Executive Director
Shares7,000
Max PriceCN¥0.29

Ownership Breakdown


Management Team

  • Philip Yu (42yo)

    Joint Company Secretary

    • Tenure: 2.7yrs
  • Weizhong Fu (46yo)

    Executive Director

    • Tenure: 1.6yrs
    • Compensation: CN¥2.39m
  • Weili Liu (56yo)

    General Manager of the Sales Department

    • Tenure: 13.8yrs
    • Compensation: CN¥1.52m
  • Huidong Zhou (43yo)

    Joint Company Secretary

    • Tenure: 0.8yrs
  • Kuang Canghao (48yo)

    Standing Vice General Manager

    • Tenure: 7.1yrs
    • Compensation: CN¥292.00k
  • Jian Qi (59yo)

    Chairman & CEO

    • Tenure: 4.2yrs
    • Compensation: CN¥2.83m
  • Xiangjun Zhu (35yo)

    Chief Financial Officer

    • Tenure: 3.1yrs
  • Zhihong Zhang (48yo)

    Executive Director

    • Tenure: 2.3yrs
    • Compensation: CN¥2.21m

Board Members

  • Chiu Kwok Poon (57yo)

    Independent Non-Executive Director

    • Tenure: 3.8yrs
    • Compensation: CN¥472.00k
  • Yuk Keung Ng (54yo)

    Independent Non-Executive Director

    • Tenure: 9.9yrs
    • Compensation: CN¥472.00k
  • Weizhong Fu (46yo)

    Executive Director

    • Tenure: 1.6yrs
    • Compensation: CN¥2.39m
  • Xiuguo Tang (56yo)

    Non-Executive Director

    • Tenure: 5.1yrs
  • Wenbo Xiang (57yo)

    Non-Executive Director

    • Tenure: 10.3yrs
  • Zhongwu Mao (57yo)

    Non-Executive Director

    • Tenure: 5.1yrs
  • Jian Qi (59yo)

    Chairman & CEO

    • Tenure: 4.2yrs
    • Compensation: CN¥2.83m
  • Jiquan Hu (61yo)

    Independent Non-Executive Director

    • Tenure: 2.8yrs
    • Compensation: CN¥419.00k
  • Zhihong Zhang (48yo)

    Executive Director

    • Tenure: 2.3yrs
    • Compensation: CN¥2.21m

Company Information

Sany Heavy Equipment International Holdings Company Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Sany Heavy Equipment International Holdings Company Limited
  • Ticker: SNYY.F
  • Exchange: OTCPK
  • Founded: 2004
  • Industry: Construction Machinery and Heavy Trucks
  • Sector: Capital Goods
  • Market Cap: HK$10.845b
  • Listing Market Cap: HK$1.382b
  • Shares outstanding: 3.10b
  • Website: https://www.sanyhe.com

Location

  • Sany Heavy Equipment International Holdings Company Limited
  • No. 25, 16 Kaifa Road
  • Economic and Technological Development Area
  • Shenyang
  • Liaoning Province
  • 110027
  • China

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
631SEHK (The Stock Exchange of Hong Kong Ltd.)YesOrdinary SharesHKHKDNov 2009
YXSDB (Deutsche Boerse AG)YesOrdinary SharesDEEURNov 2009
SNYY.FOTCPK (Pink Sheets LLC)YesOrdinary SharesUSUSDNov 2009
631SHSC (Stock Exchange of Hong Kong Limited - Shanghai - Hong Kong Stock Connect)YesOrdinary SharesHKHKDNov 2009
631SZSC (The Stock Exchange of Hong Kong - Shenzhen - Hong Kong Stock Connect)YesOrdinary SharesHKHKDNov 2009

Biography

Sany Heavy Equipment International Holdings Company Limited, an investment holding company, researches, develops, manufactures, and sells integrated excavation machinery, integrated coal mining equipment,  ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/15 00:03
End of Day Share Price2019/10/11 00:00
Earnings2019/06/30
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.