OTCPK:SHUN.F

Stock Analysis Report

Shunfeng International Clean Energy

Executive Summary

Shunfeng International Clean Energy Limited, together with its subsidiaries, manufactures and sells solar products.

Snowflake

Fundamentals

Fair value with mediocre balance sheet.

Share Price & News

How has Shunfeng International Clean Energy's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

0%

SHUN.F

-0.9%

US Semiconductor

0.07%

US Market


1 Year Return

-55.6%

SHUN.F

23.5%

US Semiconductor

8.9%

US Market

Return vs Industry: SHUN.F underperformed the US Semiconductor industry which returned 23.5% over the past year.

Return vs Market: SHUN.F underperformed the US Market which returned 8.9% over the past year.


Shareholder returns

SHUN.FIndustryMarket
7 Day0%-0.9%0.07%
30 Day-6.7%1.9%-0.3%
90 Dayn/a-1.3%-1.6%
1 Year-55.6%-55.6%26.0%23.5%11.3%8.9%
3 Year-77.4%-77.4%80.4%69.8%46.3%36.8%
5 Year-96.8%-96.8%129.7%106.0%62.1%44.3%

Price Volatility Vs. Market

How volatile is Shunfeng International Clean Energy's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Shunfeng International Clean Energy undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: SHUN.F ($0.03) is trading below our estimate of fair value ($0.31)

Significantly Below Fair Value: SHUN.F is trading below fair value by more than 20%.


Price To Earnings Ratio

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

PE vs Market: SHUN.F 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 SHUN.F's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: SHUN.F is good value based on its PB Ratio (0.5x) compared to the US Semiconductor industry average (2.7x).


Next Steps

Future Growth

How is Shunfeng International Clean Energy forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

19.0%

Forecasted Semiconductors 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 Shunfeng International Clean Energy 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 whether Shunfeng International Clean Energy is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
  • While we do not consider unaudited financials to be a reliable enough to include in our analysis, you can access them on the OTC Markets Website. If you are looking for more of a qualitative research into the company, you can access Shunfeng International Clean Energy's filings and announcements here.
  • Explore growth companies in the Semiconductors industry.

Past Performance

How has Shunfeng International Clean Energy performed over the past 5 years?

-45.3%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: SHUN.F is unprofitable, and losses have increased over the past 5 years at a rate of -45.3% per year.

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

Earnings vs Industry: SHUN.F is unprofitable, making it difficult to compare its past year earnings growth to the Semiconductor industry (-6.2%).


Return on Equity

High ROE: SHUN.F has a negative Return on Equity (-23.43%), as it is currently unprofitable.


Return on Assets

ROA vs Industry: SHUN.F is currently unprofitable, so its Return on Assets is negative.


Return on Capital Employed

ROCE Improving: SHUN.F is currently unprofitable, so its Return on Capital Employed is negative.


Next Steps

Financial Health

How is Shunfeng International Clean Energy's financial position?


Financial Position Analysis

Short Term Liabilities: SHUN.F's short term assets (CN¥9.3B) do not cover its short term liabilities (CN¥16.8B)

Long Term Liabilities: SHUN.F's short term assets (9.3B) exceeds its long term liabilities (5.2B)


Debt to Equity History and Analysis

Debt Level: SHUN.F's debt to equity ratio (394%) is considered high

Reducing Debt: SHUN.F's debt to equity ratio has increased from 121.9% to 394% over the past 5 years.


Balance Sheet

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

Debt Coverage by Assets: SHUN.F's debt is not covered by short term assets (assets are 0.7x debt).


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: Whilst unprofitable SHUN.F has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: SHUN.F is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 112% per year.


Next Steps

Dividend

What is Shunfeng International Clean Energy's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%1.4%markettop25%3.7%industryaverage2.2%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

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

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

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

Growing Dividend: Insufficient data to determine if SHUN.F'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 SHUN.F'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 Shunfeng International Clean Energy's salary, the management and board of directors tenure and is there insider trading?

2.1yrs

Average management tenure


CEO

Yu Wang (48yo)

2.1yrs

Tenure

CN¥2,243,000

Compensation

Mr. Yu Wang has been the Chief Executive Officer of Shunfeng International Clean Energy Limited since September 9, 2017. Mr. Wang served as General Manager Assistant of Treasury Department at Hong Kong CAD ...


CEO Compensation Analysis

Compensation vs. Market: Yu has recently become CEO, making it difficult to compare their total compensation against companies of similar size in the US market.

Compensation vs Earnings: Yu's compensation has increased whilst the company is unprofitable.


Management Age and Tenure

2.1yrs

Average Tenure

57yo

Average Age

Experienced Management: SHUN.F's management team is considered experienced (2.1 years average tenure).


Board Age and Tenure

6.8yrs

Average Tenure

57yo

Average Age

Experienced Board: SHUN.F's board of directors are considered experienced (6.8 years average tenure).


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown


Management Team

  • David Robin Hogg (60yo)

    President of Europe

    • Tenure: 0yrs
  • Fubo Zhang (57yo)

    Chairman of the Board

    • Tenure: 0yrs
    • Compensation: CN¥2.24m
  • Shi Chen (58yo)

    Executive Director

    • Tenure: 6.6yrs
    • Compensation: CN¥1.28m
  • Yu Wang (48yo)

    CEO & Executive Director

    • Tenure: 2.1yrs
    • Compensation: CN¥2.24m
  • Bin Lu (49yo)

    Company Secretary & Executive Director

    • Tenure: 6.6yrs
    • Compensation: CN¥2.24m

Board Members

  • Wilson Kwong (53yo)

    Independent Non-Executive Director

    • Tenure: 5.3yrs
    • Compensation: CN¥338.00k
  • Wenquan Tao (80yo)

    Independent Non-Executive Director

    • Tenure: 8.8yrs
    • Compensation: CN¥169.00k
  • Fubo Zhang (57yo)

    Chairman of the Board

    • Tenure: 0yrs
    • Compensation: CN¥2.24m
  • Shi Chen (58yo)

    Executive Director

    • Tenure: 6.6yrs
    • Compensation: CN¥1.28m
  • Yuwen Zhao (79yo)

    Independent Non-Executive Director

    • Tenure: 8.8yrs
    • Compensation: CN¥169.00k
  • Yu Wang (48yo)

    CEO & Executive Director

    • Tenure: 2.1yrs
    • Compensation: CN¥2.24m
  • Bin Lu (49yo)

    Company Secretary & Executive Director

    • Tenure: 6.6yrs
    • Compensation: CN¥2.24m

Company Information

Shunfeng International Clean Energy Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Shunfeng International Clean Energy Limited
  • Ticker: SHUN.F
  • Exchange: OTCPK
  • Founded:
  • Industry: Semiconductors
  • Sector: Semiconductors
  • Market Cap: HK$996.475m
  • Listing Market Cap: HK$127.060m
  • Shares outstanding: 4.98b
  • Website: https://sfcegroup.com

Number of Employees


Location

  • Shunfeng International Clean Energy Limited
  • Bank of China Tower
  • 30th Floor
  • Central
  • Hong Kong

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
1165SEHK (The Stock Exchange of Hong Kong Ltd.)YesOrdinary SharesHKHKDJul 2011
SHUN.FOTCPK (Pink Sheets LLC)YesOrdinary SharesUSUSDJul 2011
3SHDB (Deutsche Boerse AG)YesOrdinary SharesDEEURJul 2011

Biography

Shunfeng International Clean Energy Limited, together with its subsidiaries, manufactures and sells solar products. It operates through Manufacturing and Sales of Solar Products and Installation Services o ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/23 00:24
End of Day Share Price2019/10/07 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.