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Jiangsu Gian Technology

SZSE:300709
Snowflake Description

High growth potential with excellent balance sheet.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
300709
SZSE
CN¥8B
Market Cap
  1. Home
  2. CN
  3. Capital Goods
Company description

Jiangsu Gian Technology Co., Ltd. manufactures and sells metal injection molding products in China and internationally. The last earnings update was 38 days ago. More info.


Add to Portfolio Compare Print
  • Jiangsu Gian Technology has significant price volatility in the past 3 months.
300709 Share Price and Events
7 Day Returns
7.2%
SZSE:300709
-0.9%
CN Electrical
-0.1%
CN Market
1 Year Returns
81.3%
SZSE:300709
-6.5%
CN Electrical
-9.2%
CN Market
300709 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Jiangsu Gian Technology (300709) 7.2% -25.8% -8% 81.3% - -
CN Electrical -0.9% -10.6% -3% -6.5% -35.7% -39.8%
CN Market -0.1% -9.8% -6.1% -9.2% -16.2% -26.5%
1 Year Return vs Industry and Market
  • 300709 outperformed the Electrical industry which returned -6.5% over the past year.
  • 300709 outperformed the Market in China which returned -9.2% over the past year.
Price Volatility
300709
Industry
5yr Volatility vs Market

300709 Value

 Is Jiangsu Gian Technology undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Jiangsu Gian Technology to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Jiangsu Gian Technology.

SZSE:300709 Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 1 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 10%
Perpetual Growth Rate 10-Year CN Government Bond Rate 3.2%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for SZSE:300709
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year CN Govt Bond Rate 3.2%
Equity Risk Premium S&P Global 6.3%
Electrical Unlevered Beta Simply Wall St/ S&P Global 1.11
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.115 (1 + (1- 25%) (0%))
1.077
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.08
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 3.2% + (1.077 * 6.33%)
10.02%

Discounted Cash Flow Calculation for SZSE:300709 using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Jiangsu Gian Technology is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

Note: Free cash flow to equity valuations ignore the company's cash or debt.

SZSE:300709 DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (CNY, Millions) Source Present Value
Discounted (@ 10.02%)
2020 53.02 Est @ 13.21% 48.19
2021 58.43 Est @ 10.21% 48.27
2022 63.17 Est @ 8.1% 47.43
2023 67.35 Est @ 6.63% 45.97
2024 71.13 Est @ 5.6% 44.13
2025 74.60 Est @ 4.88% 42.07
2026 77.87 Est @ 4.38% 39.91
2027 81.00 Est @ 4.02% 37.74
2028 84.06 Est @ 3.78% 35.60
2029 87.09 Est @ 3.6% 33.52
Present value of next 10 years cash flows CN¥422.00
SZSE:300709 DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= CN¥87.09 × (1 + 3.2%) ÷ (10.02% – 3.2%)
CN¥1,318.28
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= CN¥1,318.28 ÷ (1 + 10.02%)10
CN¥507.44
SZSE:300709 Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= CN¥422.00 + CN¥507.44
CN¥929.44
Equity Value per Share
(CNY)
= Total value / Shares Outstanding
= CN¥929.44 / 88.74
CN¥10.47
SZSE:300709 Discount to Share Price
Calculation Result
Value per share (CNY) From above. CN¥10.47
Current discount Discount to share price of CN¥93.00
= -1 x (CN¥93.00 - CN¥10.47) / CN¥10.47
-787.9%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

  • The current share price of Jiangsu Gian Technology is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Jiangsu Gian Technology's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Jiangsu Gian Technology's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
SZSE:300709 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-12-31) in CNY CN¥1.88
SZSE:300709 Share Price ** SZSE (2020-04-03) in CNY CN¥93
China Electrical Industry PE Ratio Median Figure of 173 Publicly-Listed Electrical Companies 32.84x
China Market PE Ratio Median Figure of 3,196 Publicly-Listed Companies 32.32x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Jiangsu Gian Technology.

SZSE:300709 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= SZSE:300709 Share Price ÷ EPS (both in CNY)

= 93 ÷ 1.88

49.47x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Jiangsu Gian Technology is overvalued based on earnings compared to the CN Electrical industry average.
  • Jiangsu Gian Technology is overvalued based on earnings compared to the China market.
Price based on expected Growth
Does Jiangsu Gian Technology's expected growth come at a high price?
Raw Data
SZSE:300709 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 49.47x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts
31.7%per year
China Electrical Industry PEG Ratio Median Figure of 51 Publicly-Listed Electrical Companies 1.02x
China Market PEG Ratio Median Figure of 1,275 Publicly-Listed Companies 1.26x

*Line of best fit is calculated by linear regression .

SZSE:300709 PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 49.47x ÷ 31.7%

1.56x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Jiangsu Gian Technology is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on Jiangsu Gian Technology's assets?
Raw Data
SZSE:300709 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-12-31) in CNY CN¥15.53
SZSE:300709 Share Price * SZSE (2020-04-03) in CNY CN¥93
China Electrical Industry PB Ratio Median Figure of 208 Publicly-Listed Electrical Companies 2.37x
China Market PB Ratio Median Figure of 3,691 Publicly-Listed Companies 2.26x
SZSE:300709 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= SZSE:300709 Share Price ÷ Book Value per Share (both in CNY)

= 93 ÷ 15.53

5.99x

* Primary Listing of Jiangsu Gian Technology.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Jiangsu Gian Technology is overvalued based on assets compared to the CN Electrical industry average.
X
Value checks
We assess Jiangsu Gian Technology's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Electrical industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Electrical industry average (and greater than 0)? (1 check)
  5. Jiangsu Gian Technology has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

300709 Future Performance

 How is Jiangsu Gian Technology expected to perform in the next 1 to 3 years based on estimates from 1 analyst?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
31.7%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Jiangsu Gian Technology expected to grow at an attractive rate?
  • Jiangsu Gian Technology's earnings growth is expected to exceed the low risk savings rate of 3.2%.
Growth vs Market Checks
  • Jiangsu Gian Technology's earnings growth is expected to exceed the China market average.
  • Jiangsu Gian Technology's revenue growth is expected to exceed the China market average.
Annual Growth Rates Comparison
Raw Data
SZSE:300709 Future Growth Rates Data Sources
Data Point Source Value (per year)
SZSE:300709 Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts 31.7%
SZSE:300709 Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 1 Analysts 24.2%
China Electrical Industry Earnings Growth Rate Market Cap Weighted Average 23.1%
China Electrical Industry Revenue Growth Rate Market Cap Weighted Average 17.5%
China Market Earnings Growth Rate Market Cap Weighted Average 20.9%
China Market Revenue Growth Rate Market Cap Weighted Average 15.8%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
SZSE:300709 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
All numbers in CNY Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
SZSE:300709 Future Estimates Data
Date (Data in CNY Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2021-12-31 2,423 390 329 1
2020-12-31 1,979 239 273 1
2020-04-04
SZSE:300709 Past Financials Data
Date (Data in CNY Millions) Revenue Cash Flow Net Income *
2019-12-31 1,473 166
2019-09-30 1,328 278 121
2019-06-30 1,133 95 97
2019-03-31 907 116 33
2018-12-31 882 82 37
2018-09-30 817 60 56
2018-06-30 804 68 68
2018-03-31 835 126 109
2017-12-31 922 135 155
2017-09-30 855 205 140

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Jiangsu Gian Technology's earnings are expected to grow significantly at over 20% yearly.
  • Jiangsu Gian Technology's revenue is expected to grow significantly at over 20% yearly.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
SZSE:300709 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below

All data from Jiangsu Gian Technology Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

SZSE:300709 Future Estimates Data
Date (Data in CNY Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2021-12-31 3.70 3.70 3.70 1.00
2020-12-31 3.08 3.08 3.08 1.00
2020-04-04
SZSE:300709 Past Financials Data
Date (Data in CNY Millions) EPS *
2019-12-31 1.88
2019-09-30 1.37
2019-06-30 1.10
2019-03-31 0.38
2018-12-31 0.42
2018-09-30 0.65
2018-06-30 0.84
2018-03-31 1.47
2017-12-31 2.23
2017-09-30 2.13

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Jiangsu Gian Technology is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Jiangsu Gian Technology's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the China market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the China market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Jiangsu Gian Technology has a total score of 5/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

300709 Past Performance

  How has Jiangsu Gian Technology performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Jiangsu Gian Technology's growth in the last year to its industry (Electrical).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Jiangsu Gian Technology's year on year earnings growth rate has been positive over the past 5 years.
  • Jiangsu Gian Technology's 1-year earnings growth exceeds its 5-year average (347.5% vs 2.4%)
  • Jiangsu Gian Technology's earnings growth has exceeded the CN Electrical industry average in the past year (347.5% vs 19.7%).
Earnings and Revenue History
Jiangsu Gian Technology's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Jiangsu Gian Technology Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

SZSE:300709 Past Revenue, Cash Flow and Net Income Data
Date (Data in CNY Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-12-31 1,473.01 166.40
2019-09-30 1,327.69 121.01 175.83 132.78
2019-06-30 1,133.15 96.82 139.75 118.41
2019-03-31 907.46 33.13 117.55 102.61
2018-12-31 882.31 37.19 111.28 94.26
2018-09-30 816.69 56.15 96.88 78.17
2018-06-30 803.65 67.74 66.90 97.47
2018-03-31 834.92 109.13 84.41 74.11
2017-12-31 922.29 155.15 92.59 54.13
2017-09-30 855.11 140.31 115.50 40.78
2016-12-31 709.16 161.55 146.94
2015-12-31 454.18 119.70 86.17
2014-12-31 210.43 32.60 34.90
2013-12-31 94.53 5.49 25.72

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Jiangsu Gian Technology has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Jiangsu Gian Technology used its assets more efficiently than the CN Electrical industry average last year based on Return on Assets.
  • Jiangsu Gian Technology's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Jiangsu Gian Technology's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Electrical industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Jiangsu Gian Technology has a total score of 4/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

300709 Health

 How is Jiangsu Gian Technology's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Jiangsu Gian Technology's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Jiangsu Gian Technology is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Jiangsu Gian Technology's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Jiangsu Gian Technology's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is not covered by short term assets, assets are -44419.6x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Jiangsu Gian Technology Company Filings, last reported 3 months ago.

SZSE:300709 Past Debt and Equity Data
Date (Data in CNY Millions) Total Equity Total Debt Cash & Short Term Investments
2019-12-31 1,378.70 0.22 140.00
2019-09-30 1,378.70 0.00 140.00
2019-06-30 1,318.79 20.00 443.69
2019-03-31 1,262.60 49.50 200.90
2018-12-31 1,264.43 0.00 388.42
2018-09-30 1,245.91 5.00 232.66
2018-06-30 1,215.96 50.00 539.29
2018-03-31 1,273.36 0.00 159.49
2017-12-31 1,270.82 51.80 620.90
2017-09-30 469.86 213.36 85.97
2016-12-31 400.61 149.85 103.18
2015-12-31 259.21 65.00 32.00
2014-12-31 137.62 30.00 5.43
2013-12-31 93.77 21.00 11.98
  • Jiangsu Gian Technology's level of debt (-0%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (21.8% vs -0% today).
  • Operating cash flow is negative therefore debt is not well covered.
  • Jiangsu Gian Technology has no debt, therefore coverage of interest payments is not a concern.
X
Financial health checks
We assess Jiangsu Gian Technology's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Jiangsu Gian Technology has a total score of 5/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

300709 Dividends

 What is Jiangsu Gian Technology's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0.12%
Current annual income from Jiangsu Gian Technology dividends.
If you bought CN¥2,000 of Jiangsu Gian Technology shares you are expected to receive CN¥2 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Jiangsu Gian Technology's pays a lower dividend yield than the bottom 25% of dividend payers in China (0.46%).
  • Jiangsu Gian Technology's dividend is below the markets top 25% of dividend payers in China (2.04%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
SZSE:300709 Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
China Electrical Industry Average Dividend Yield Market Cap Weighted Average of 135 Stocks 1.1%
China Market Average Dividend Yield Market Cap Weighted Average of 2585 Stocks 1.9%
China Minimum Threshold Dividend Yield 10th Percentile 0.2%
China Bottom 25% Dividend Yield 25th Percentile 0.5%
China Top 25% Dividend Yield 75th Percentile 2%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

SZSE:300709 Future Dividends Estimate Data
Date (Data in CN¥) Dividend per Share (annual) Avg. No. Analysts
2021-12-31
2020-12-31
2020-04-04
SZSE:300709 Past Annualized Dividends Data
Date (Data in CN¥) Dividend per share (annual) Avg. Yield (%)
2019-04-25 0.110 0.166
2018-05-17 0.511 1.550

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Jiangsu Gian Technology is not paying a notable dividend for China, therefore no need to check if the payments are stable.
  • Jiangsu Gian Technology is not paying a notable dividend for China, therefore no need to check if the payments are increasing.
Current Payout to shareholders
What portion of Jiangsu Gian Technology's earnings are paid to the shareholders as a dividend.
  • No need to calculate the sustainability of Jiangsu Gian Technology's dividends as it is not paying a notable one for China.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Jiangsu Gian Technology's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.2%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Jiangsu Gian Technology afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Jiangsu Gian Technology has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

300709 Management

 What is the CEO of Jiangsu Gian Technology's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Ming Wang
CEO Bio

Mr. Ming Xi Wang serves as Chairman and General Manager at Jiangsu Gian Technology Co., Ltd. Mr. Wang served as an Executive Director of Changzhou Jiali Network technology Co., Ltd. from June 2000 to November 2015. He served as Chairman of the board of directors at Jiangsu Langkun Investment Co., Ltd. from June 2008 to December 2010. He served as Chairman of the board of directors and General manager at Jiangsu Gian Technology Co., Ltd from December 2004 to January 2011 and served as its Vice chairman of the board of directors and General manager from February 2011 to August 2011.

CEO Compensation
  • Insufficient data for Ming to compare compensation growth.
  • Insufficient data for Ming to establish whether their remuneration is reasonable compared to companies of similar size in China.
Management Team

Ming Wang

TITLE
Chairman of the Board & GM

Jian Yang

TITLE
Chief Financial Officer

Yi Chao Huang

TITLE
Deputy GM

Jun Wen Wu

TITLE
Deputy GM & Director
Board of Directors

Ming Wang

TITLE
Chairman of the Board & GM

Yi Chao Huang

TITLE
Deputy GM

Jun Wen Wu

TITLE
Deputy GM & Director

Jun Shi

TITLE
Chairman of the Supervisory Board

Weixing Huang

TITLE
Director

Dong Fang Ma

TITLE
Independent Director

Ke Hong Wang

TITLE
Independent Director

Wen Kai Wang

TITLE
Independent Director

Chun Yan Tan

TITLE
Member of the Supervisory Board

Pan Chen

TITLE
Employee Representative to the Supervisory Board
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (CN¥) Value (CN¥)
X
Management checks
We assess Jiangsu Gian Technology's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Jiangsu Gian Technology has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

300709 News

Simply Wall St News

300709 Company Info

Description

Jiangsu Gian Technology Co., Ltd. manufactures and sells metal injection molding products in China and internationally. The company offers metal structural, functional, and cosmetic parts for use in electronic, car, medical device, and tool applications. It also researches and develops vacuum ion plating film devices and other services, including vacuum coating and precise parts; and sells mechanical equipment, electronic products, metal or plastic products, and other metals. The company was formerly known as Changzhou Gian Technology Co.,Ltd and changed its name to Jiangsu Gian Technology Co., Ltd. in 2015. Jiangsu Gian Technology Co., Ltd. was founded in 2004 and is based in Changzhou, China.

Details
Name: Jiangsu Gian Technology Co., Ltd.
300709
Exchange: SZSE
Founded: 2004
CN¥8,252,513,100
88,736,700
Website: http://www.jsgian.com
Address: Jiangsu Gian Technology Co., Ltd.
No. 59 Zonglv Road,
Zhonglou Economic Development District,
Changzhou,
Jiangsu Province, China
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
SZSE 300709 Domestic Shares Shenzhen Stock Exchange CN CNY 19. Oct 2017
Number of employees
Current staff
Staff numbers
2,340
Jiangsu Gian Technology employees.
Industry
Electrical Components and Equipment
Capital Goods
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/04/04 18:21
End of day share price update: 2020/04/03 00:00
Last estimates confirmation: 2020/02/26
Last earnings filing: 2020/02/26
Last earnings reported: 2019/12/31
Last annual earnings reported: 2019/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.